A secret illuminati that controls everything around us so who are they President Donald Trump has been claiming that there is a vast deep sea conspiracy against him for years now like when he said this last month in kentucky we are finally putting america 1st. Yet they. Are trying to resist any changes to their failed policies. They believe it is their right to rule over you and to redistribute your welfare all around the world no thank you no thank you thats why we ended the powers. So in Donald Trumps mind what is the deep state is that the quote failed ruling class or the socalled corrupt democrat politicians or the Civil Servants and diplomats who privately find him distasteful fortunately we have 3 people in the room who have all the answers to these questions elaine k. Mark Senior Editor of Brookings Institution blog fix and author of why president s fail and how they can succeed again great book republican strategist and former usa idea official Adolfo Franco thanks for being he
This morning, good morning. This is bloomberg surveillance on tv and radio. All about the bond market out there allowing the u. S. Downgrade. Some half decent jobs data and the treasury announcing a ton of supply. Yields of every single day this week. This could the board of if we can on the bond market. 10year u. K. , japan, and germany. Higher by six basis points. I wouldnt call it dramatic. Lisa it is not dramatic, the slow bleed upward has gotten new focus as we reached levels that we havent reached going back to last november. You could talk about fitch and the downgrade yesterday but a lot of people view that as an excuse to catalyze the fears of the fiscal overhang of the new borrowing schematic from the u. S. Treasury department which is bigger than people expected. This general concern that if the economy is going to recover, maybe you get a soft landing, maybe no landing. Jonathan excuse to sell or a reason to sell . Lisa it was an excuse to sell for people who werent necessa
We are on radio and television ,fx tuesday and were looking at markets. Teachers are 25 and or substantially lower than 24 hours ago, dow futures 160 in the vix was in 18 level. Away from the markets, foreignexchange is a litmus paper for the system this morning. Lisa the dollar is front and center and has been but giving but getting back a little bit of it. When we talk about dysfunction in washington, d. C. Is the dollar. The currency of the nation, are we at a breaking point . Tom its a theme we will go through today and lisa has an edge on what im doing. Each pair and the triangulation of foreignexchange speaks to what we see in the bond market. We will do it in the data check today. Lisa you buried the lead. We had an argument about much gloom as warranted, something that always happens in this time of year. It feels different to me. I think yield space feels difference different because there is a backdrop of what it means if you have rates that can keep climbing potentially to 7
Account at all. Its uncontroverted because nobody says he turned the political stuff off for Guilford County. All they did is a cross check as a Guilford County to make sure it wasnt a retrogression problem with the Guilford County which is exactly what he should do by the way. But talk about theory similarities. It was Guilford County and it was greensboro and cromartie ii, and what this court said in giving that direct evidence relatively minimal rate was to say if you look at the rest of that email, the map drawer was very candid about taking race into account in drawing cd one and theres much less race involved in cd12 so it didnt predominate. The similarities could not be more dead on with this case. The most you can get out of Guilford County is that race was taken into account in some way that did not make it predominate, and this in evidence as in cromartie ii, that if you contrast the way the legislature proceeded with respect to cd one and cd 12, its virtually impossible to t
Account at all. Its uncontroverted because nobody says he turned the political stuff off for Guilford County. All they did is a cross check as a Guilford County to make sure it wasnt a retrogression problem with the Guilford County which is exactly what he should do by the way. But talk about theory similarities. It was Guilford County and it was greensboro and cromartie ii, and what this court said in giving that direct evidence relatively minimal rate was to say if you look at the rest of that email, the map drawer was very candid about taking race into account in drawing cd one and theres much less race involved in cd12 so it didnt predominate. The similarities could not be more dead on with this case. The most you can get out of Guilford County is that race was taken into account in some way that did not make it predominate, and this in evidence as in cromartie ii, that if you contrast the way the legislature proceeded with respect to cd one and cd 12, its virtually impossible to t