Advisor gary cohn. And kevin har hark hassett defeg trumps two years of tax cuts. Is this just prfrom two guys who formulated the plan or did the tax cuts really payoff. The tax cuts really paid off. There is always a an anecdote. On machine wh someone maybe dids well, but the majority of americans got tax cuts, if you have a financia 401 k , you pare in that, this year all Asset Classes are up, you have record lows in unemployment across the board, including minorities and women. Overall, this was a great success. You cannot attribute things like unemployment going down, rising markets, and general goodwill in the gdp to tax cuts, those trends were well in place what . Woe let me finish. And wage growth past 2 years 2. 4 . Both slower than it was in 2016. And 17, as in end of obama administration, as you know, i dont think any of it should be attributed to obama or trump. David another fact Federal Reserve had a forecast at beginning of this administration that Unemployment Rate would
Your book we are going to cover a lot of ground beef eating inside of communist china is thrived for global supremacy. First of all, why did you decide to write a book . Guest this is my eighth book ended 2000, i wrote a book called the china threat and it was amazing in that it predicted the emergence of a major threat posed by communist china. Ever since i wrote the book i tried to do another book and every publisher that i approached sadly well not write a single topic that you can have chapters. But we wont have a single topic. Host why was that . Guest i really dont know. It was their interest or concern about whether they would sell. Finally i dug into it and i said its time to do another book on the threat from china as it is becoming greater than it was way back when it was published. Host your book is very timely. Let me ask you about this title. Its defeating the sky then you go into the global supremacy. The second half is very clear and understandable. What is this and wher
Around the world, from riyadh to london to new york and washington. Bloomberg voices are on the ground with all of the mornings top stories. We want to start with breaking news out of london, where the labour party says it will support a general election. Boris johnson will try for the fourth time to secure election. Joining us now is emma chandra from london. What just happened . What is the lineup today . Emma we are seeing the pound off aftergher, paring spiking higher today. Saying they will now back in early general election, saying that conditions that a new deal brexit be off the table have been met. S is key because ivan the because even though the Prime Minister is asking for a general election again today, one that requires a smaller majority than yesterday, hed still needs some opposition support for that bill to pass. We understand there will be a vote on that later today. It would set the date of a new general election. The government saying that would be to summer 12th, b
The idea behind it, why are you going to fund Chinese Companies that wind up competing with u. S. Companies . That is potentially now on the table ahead of these trade talks. No doubt that is going to have an effect on the markets as we keep getting a lot of headlines creating difficulty with u. S. And china. 0. 8 , rightnow down around the lows of the session. Take a look at other Asset Classes. It is a move into safety. 106 on dollaryen. Yields in the u. S. Down by four basis points. It is a risk off day. Lots of tangential headlines are now setting the stage for contentious trade talks between the u. S. And china. Lets get right to it here. Its time for global exchange. We bring you todays market moving news from all around the world. Joining us from hong kong is enda curran, from london is emma chandra, from brussels is maria tadeo, and in denver, michael mckee. Lets kick it off over in asia. We begin with china, where the u. S. Has blacklisted eight Tech Companies on accusations o
First of all why did you decide to write the book quick. This is my eighth book and in 2000 and wrote a book called the china threat that was called the china threat theory it was amazing that it predicted the emergence of a major threat posed by communist china ever since i wrote the book i tried to do another china book in every publisher that i approached we wont write another single topic. Why was that quick. I dont know with their concerns if it was cell then i dug in my heels to say its time to do it. Another threat from china as it is becoming greater back when the china threat was published. Your book is very timely. Let me ask you about the title. Deceiving the sky. Talk about the second half is very clear and understandable but where does deceiving the sky quick. They are steeped in ancient strategy and many people know of the famous strategist who comes from the warring states air. Theres also a book called the 36 strategies whose author is not quite clear but a compendium o