Knockdown Effect News Today

plus, some real talk about my fellow republicans, why are you calling these people pushing racist replacement theory? what is up with? that time to speak up. what did rudy say? we have the latest on giulianis hours with the january six committee. and to the panel could call next. i am michael, steele in for jonathan kaye part. and this is the sunday show. this sunday, we are counting down the tuesday primary elections. as republicans continue to fight for control of congress and dems f...

World economic forum. youve been, but with a lot couple of years here, weve seen such a boost in the mood, frankly, toward cryptocurrencies, and what those can be to the broader economy. so, people are finally taking a step back here. you see that reflected in the numbers on friday. you saw that as the stock market briefly dipped into that bear market territory, and there are a lot of concerns, frankly, here on the ground about what that could potentially mean for the economy, the global economy...

Weinstein, for example, his company has several big movies and tv shows in the pipeline. when all of that gets scrapped, which it has, what does that mean for everybody working on it? >> absolutely. when harvey was -- the allegations about harvey first surfaced in october, it took companies a couple of days to decide that they didnt want to work with weinstein company. now theres a zero tolerance policy for any of these guys badly behaving and companies are saying within hours youre done. now th...

Much as other markets like germany and france and even asia has been a reaction to greece. i know youve been talking about the fact its closed its banks for six business days its imposed capital controls but there is reaction in the market besides whats happening with stocks so for example, one of the things were seeing here is that oil prices are down and the expectation there could be a knockdown effect on a demand for oil in europe. also the dollar is up the euro is down but again, not as muc...

Are we hearing about the impact on the global economic growth in japan? >> well, its a little bit difficult to say at the moment, theres going to be some sort of knockdown effect. but the brokerage reports are talking about a first quarter growth hit. and the first quarter is the first three months of this year. a hit of maybe about .5%. which would bring it down to 1.7% growth. its still growth, not recession. the second quarter, the hit might be a little bit stronger. people are saying that 2....

Knockdown effect. the other thing to look out for. just how well trade is going to be interrupted. japan obviously produces very high-end components as well as finished products for other high-end manufacturers. and if you cant get that stuff out because the ports are ruined or because transportations been disrupted, it is going to be a problem. thats also something that japanese have to contend with. wherever you look, its no good news. yesterday, european stocks followed asian shares sharply...

$7.2 million. youll see australia down broadly on the news. and that was really all to do with the resources stocks. a little bit of a problem when china, as far as the growth in the economy goes, certainly makes the resources stocks in australia react like that. worried about growth in china could have a knockdown effect to consumption of australian resources. meanwhile, financial regulators are trying to calm investors after authorities shut down six banks because of insufficient liquidity las...

Economy can stand for and it the stock prices are doing what theyre doing. >> scott, you said this is an economic issue and secondly they let you out of the office in that jacket. touché. scott in all seriousness, i wonder whether theres something big are afoot here and whether the oil thing is just getting lost in the sauce. what do you think? >> well, i think that oil -- it still is to me, always been harbinger for the economy. with the oil coming off, you have to take a look at the stocks an...