Upg upgrades well break down the streets key number first, new numbers from the fed around inflation hey, steve yeah, carl, good morning. Not very good news from the new York Fed Survey of Consumer Expectations with inflation rising across the board for all tenors let me give you a chart, the oneyear up 5. 9 is the expec tase for inflation in one year. Thats up a half a point after declining for several months in a row. The three year up. 02 Inflation Expectations surge for gas prices and food. In fact, the oneyear outlook really mirrors the rise in gas prices over time unemployment expectations hitting the highest level since april 2020 however, expected growth and Household Income also was up to 4. 3 thats the highest on record for this survey and the Spending Outlook also grew by one percentage point to 7 back to you. Steve, thanks for that. We need to start with the amazon news today, moving higher in the last few minutes in the wake of the New York Times story, which just broke, r
Slowed down. Hools and businesses went virtual and we powered a new reality. At media come, we were bill to keep you ahead. Mediacom support cspan as a public service, along with these other television providers. Giving him a front row seat to democracy. The up today in the latest and publishing with book tvs podcast, about books. Current Nonfiction Book releases, plus, the bestseller list. As well as Industry News and trends through insider interviews. You can find about books on cspan now our free mobile app or wherever you get your podcasts. Welcome back to washington journal, im joined now by george beebe the director of grand strategy for Quincy Institute for a responsible statecraft. The former special adviser to Vice President cheney on russia. Also a former caa rush analysis chief. George, welcome. Thank. You nice to see you in the studio. Here is the headline from the Associated Press. Zelenskyy says Ukrainian Special military units are in kherson. Of course the russians have
Ok. So, this afternoon at howard university, the president will think staff, volunteers and everyone who helped ensure everyone could make their voices heard in the Midterm Election. As you heard him say yesterday, the president , with their votes, the American People have spoken and proven once again that democracy is who we are. While we dont know all the results just yet, we do know that states across the country to record voter turnout. Voters also spoke clearly about their concerns, from fighting inflation to addressing crime, to protecting our democracy and the right to choose. These are issues the president has been laser focused on, from day one. And it will remain Top Priorities for him. As he said yesterday as well, no matter what the final tally in all these races will be, he is prepared to work across the aisle to deliver for the American People. That is what people want and that is what the American People deserve. With that, i will turn it over to my colleague, National S
The department of elections still had more than 100,000 ballots. Was not jenkins did not receive the 51 threshold to receive victory out right, once the rest of the votes are redistributed, under ranks choice, she is likely to cruise to victory with over 55 of the vote. Her closest opponent, criminal defense attorney john has not conceded the race and told me he is, quote, incredibly plowed proud of the campaign we ran another two months taking on the establishment machine politics of sentences go, while i acknowledge the trend in result, nearly half of the votes have not half of the voters had not had votes counted. Thank you very much. The Alameda County district attorneys race is still a tossup. Terry wiley leading with just under 52 of the vote. He is the current chief assistant da. Civil rights attorney pamela preis trails with the vote as of now. Definitive results on a pair of dueling housing measures. Speeding up Affordable Housing construction, proposition d is back to cut the
To a runoff on december 6. Pres. Biden good afternoon. We had an election yesterday and it was a good day i think for democracy in a good day for america. Excuse me, i am a little hoarse. Our democracy has been tested in recent years but with their votes, the American People have spoken and proven once again that democracy is who we are. I know you were somewhat miffed by my obsessions on optimism but i felt good during the whole process. I felt we will do fine all any seat lost is painful some good democrats did not win last night. Democrats had a strong night and we lost fewer seats and at the last 40 years. We had the best midterm for governors since 1986. Another thing we know is voters spoke clearly about their concerns, about raising costs the rising costs and the need to get inflation down. There are still a lot of people hurting. And it is about crime and public safety. They sent him a message that they want to preserve our democracy and protect the right to choose in this coun