The whole charade comes with a price tag. The Mueller Investigation that cost 32 million, that was the hard collar quantifiable costs. Im even including productivity losses nor opportunity costs which could be so large they are uncountifiable. They will cost taxpayers tens of millions of dollars while resulting in productivity losses because the dems are so darn busy looking for that smoking gun. Border control. It used to be their issue. Or how about standing up to china . Instead they choose a secret impeachment that will go nowhere as their legacy. This is the squad at work. And nancy pelosi is not Strong Enough to stand up to them. But americans, we are. Americans, we know better. In spite of the circus on capitol hill. Donald trump and his administration have delivered mek wins with new highs almost daily in the stock market. Strong gdp reports and record low unemployment again in spite of the impeachment circus. So why are democrats so hell bent on trying to make the country look
Maria big show this morning, joining the conversation Dagen Mcdowell, chief Market Strategist art hogan and president ial candidate arkansas governor Mike Huckabee. Good morning. A lot to talk about this morning especially on day 2 of Federal Reserve meeting, Delta Airlines coming. Ed is here, chairman and ceo of the black stone group, Steve Schwartzman talking about his book. Oklahoma senator James Lankford also joining us this morning, dont miss a moment of it, we have a big 3 hours, top story this hour is oil, once again dropping this morning on news that saudi arabia will restore normal output and production levels by the end of the month as secretary mike pompeo meets with saudi arabia king prince salman to twin attacks on saudi oil facilities, iran is denying any involvement in saturdays strike with president Hassan Rouhani blaming u. S. For disruption in the region. Its not exactly going well for them. I think this was their attempt to break out and sort of find way to put press
Continuing a trend that shows so far, university of michigan sentiment, other surveys were doing okay and things are going okay. In the middle of all of that, you have a report out of fedex saying were not doing okay. Telegraphing problems because of the trade war. The trade war is one of the big reasons why the fed will supposedly move today. It is all in what the fed lays out after it makes its move. The consensus seems to coalesce out of quarterpoint cut to Interest Rates. Would bring overnight lending rate from 1. 75 rate to 2 , from around 2. 25 we are right now. That can jostle wildly. Lets get the read on all of that Charles Payne, thank you for helping out on your world yesterday on fox news. What do you expect first off . 25 basis point rate cut in part because the wall street expects it, to such a degree yeah it is. If you think a trump tweet is tough, wall street selloff of several hundred points. I mean they, they really have the market cornered when it comes to temper tant
David well the president tweet ing this response to the rate cut. Jay powell and the Federal Reserve fail again, no guts, no sense, no vision, a terrible communicator. That is an Economic Confidence index of the countrys top ceos sinks to its lowest level under President Trump due in part to u. S. Trade policy, and jpmorgan s jamie dimon says he does not think cutting rates will offset trade worries though he also reiterated he does not see a recession near, but should investors be concerned about a slowdown . Not to be cynical here, david, but i think that the Business Roundtable might have an alterior motive because they were very concerned about the Third Quarter but then six months out, they have all of this optimism so they have a slowing in sales in the Third Quarter but six months out they think they were going to have an increase the same thing with capex. I think what they are doing is trying to send a message they need more certainty in trade. I think that we continue with Sl
We have delicious locally sourced food and drinks. And a careful book selection not around you. We invite people and we have a lot of regulars. Some of our regulars write books. Sometimes we get to celebrate those books the day after they are launched into the world. Tonight we are incredibly excited to welcome dale brand here to bergen hand. ab this week of all weeks i think it feels especially special to welcome dale to speak about this topic in the city of baltimore. In a space we often like to say yes you got coffee, yes we got food, yes we have books. There is a transaction element that we are really here to build community and celebrate culture in a place where thats incredibly important. I think im speaking to a room full of people who know and love baltimore. I think that assertion is the only real answer to a week like this week where maybe a certain meme culture and reduction of nuance truths has come to the forefront and possibly we get to discuss that tonight. As dale who i