Maintain a competitive market. The Hudson Institute hosts the hourlong conversation from earlier this week. Good afternoon. My name is harold furchtgottroth. Im a fellow here at the Hudson Institute. Ill be your host for today. Thank you so much for joining us. We are very pleased and honored to have with us the honorable makan delrahim, assistant attorney general at the u. S. Department of justice. He needs no introduction. And he has been working in and around issues related to antitrust for a great deal of time. He has a very distinguished resume, which you can find at the department of justices website. Before we get started, i have two requests. One is if you could take your cell phone and put it on silent mode so that we dont have unnecessary interpretations of that sort. The second is for the q a session, we will have cards that you can write questions and those cards are going to be passed around. You can write your questions. Theyll be collected. And ill sort through those. We
We are seeing a balance for the s p 500. Starting at 200 and moving on. Up. 4 . Are down 1 ing right now, another setback for boeing, its star liner heading to the iss did not make it. Boeing has put out a statement saying it was the wrong Mission Timer installed and it is unclear. They are looking at sending another unmanned crew into orbit, but not sure if they will yet. Another setback for boeing and that stock is down today. It is worth noting the brazil regulator has given the goahead for the boeing merger in january. That is one Silver Lining to todays news for boeing. Ae british pound is up quarter of a percent on this friday session. The ftse 100 up a tent and germany is rebounding up. 6 . We began in the u. K. , where the were Andrew Bailey will succeed mark carney of the bank of england. We are joined by David Goodman from london. Names have a lot of leading up to this decision, including likes bailey. Why was he best suited for the role . David bailey has been the favorite w
Today, along with utilities. The dollar index weaker. Lets get to the markets now. Joining us in studio is Dennis Debusschere, evercore isi head of portfolio strategy. We have a great piece on the bloomberg today talking about the decade beginning with everything crumbling and a lot of panic, and now we are heading into a new year when apparently nothing can go wrong. Dennis i think part of the reasons the market is acting like that is because people think everything is going to go wrong. That has created what we call the silent melt up. This is actually related to the fire and ice title, which i think is excellent, because there has been a complete change in the relationship between bonds and equities. Bonds are longer duration assets as they had against lung equity exposure globally. That is usually a deflation hedge. Deflation was not something that existed preGlobal Financial crisis. There areist now, and only three Asset Classes you can hedge for deflation. That has anchored 10 ye
Good afternoon. I am senior fellow at the Hudson Institute and i will be your host today. Has a very distinguished resume, which you can find at the department of justice website. Before we get started i have two requests. One is is if you could take your cell phones and put it on silent mode so that we dont have unnecessary interruptions of that sort. The second is for the q a session we will have cards that you can write questions, and those cards are going to be passed around and you can write your questions. They will be collected and i will sort through those. We particularly would like to welcome our cspan guests and other guests that are watching through various video links, as well as our online guests who are watching at the hudson website. For online and for our video guests, you, too, can submit questions, submit them to hashtag pets and events in those questions will be collected hudson events. Assistant attorney general delrahim computer had a distinguished tenure that has
Biggest loser. You just heard from courtney, after missing on earnings and slashing that forecast joining us for the full first hour, wealth management. Josh, as we just mentioned, fedex down a full 10 on earnings whats your take on that its important to point out that this trend in fedex stock actually began in january 2018 its been falling almost two years straight with very little respite on the way down. At this point, i think the answer, what you do with fedex, differs if youre a trader or an investor if youre a trader, youre not buying the stock i dont think theres any Material Support looking back at a tenyear chart until about 119, 120 that was prior resistance. It broke out it has retested that level before successfully. Thats where i would look at a tradeable bottom were not quite there yet. If youre an investor, you have to look at this moment to say this is maybe conceivably the most confluence of events. Having trouble integrating the tnt acquisition, thats a headwind ther