Economy, particularly those in the lower classes, take a listen the bottom 50 has increased their net worth by 47 , okay . Second. The top 1 has increased their network by 13 . Middle income people have retirement accounts and 401 k and they have had a fabulous period, actually its been a fabulous three years. David so jackie how could democrats say the economy and market rally is working for the upper class when the lower class did pretty well too . They have to try to debunk the theory because thats what this president is going to run on in 2020. If you take what larry kudlow said and you take that as fact and i have no reason not to, it shows you that this economy is working for everybody. Look you cant have an economy thats increasing 47 for the bottom 50 and the rich arent getting a little bit of the benefit from that too, as a matter of fact we need them to because they recycle more of their money into the system and that tip uses to stimulate growth, but this is not just about t
Secretary of state mike pompeo on legislature to establish a permanent Womens Global Development and prosperity office at the state department. They were joined by several members of congress and white house officials at this womens global empowerment summit. It runs one hour. Thank you so much for coming. It is my great pleasure to introduce our wonderful secretary of state, michael pompeo, to open our discussion. Secretary pompeo thank you. Thank you, ambassador curry. Ambassador curry will be heading this new unit that we are establishing here at the state department. Congratulations to you. [applause] it is a privilege, and frankly joyous for me to be here today to kick off this and not girl Interagency Steering Committee meeting and to host everyone today. Thank you all, for being here. Our country was founded on the selfevident idea and truth that every man and woman is endowed by the creator with a certain set of inalienable rights, and so deserves a chance to achieve his or her
Hours as we await the next jobs number. Time now for global exchange. From london to berlin and washington come our bloomberg voices are on the ground with this mornings top stories. We begin with irans response to claims that the ukrainian passenger jet crashed in tehran was shut down. The head of the countrys Civil Aviation authority said this on state tv. Law, i said, based on the there is full coordination between our air defense and civil system. Are Aviation Personnel and defense personnel sit sidebyside, so it is absolutely impossible for such a thing to happen. Alix for more, we are joined by stuart wallace, Bloomberg News director for the middle east, joining us from washington. What is the latest . Stuart tehran came out with that, and they are sticking to its story. They continue to stick to that line despite just about everyone theye world saying that have reasonably good intelligence that there was at least a possibility that airplane was hit by a missile. That hasnt been
Growth. Late on the program, ill be asking larry kudlow why is this happening in a fullyemployed economy. Thats jobs and now the markets. Here it comes, 29,000, the dow may hit that mark today. Yes, the astonishing market rally has taken us up 11,000 points on the dow, since the election, of donald j. Trump and the value of American Business has gone up 12. 8 trillion since he was elected. A few minutes from now the market opens and well see the dow go up just a little bit more , maybe 20 points up, s p up maybe 6 and a 30 point gain for the nasdac composite. One more story and its dramatic satellite and intelligence reports show the plane that crashed into iran was taken down by a missile. It was not mechanical failure or engine trouble. The plane was shot down. Canadas trudeau says it may have been done accidentally. 63 canadians were on board. Varney company, the friday edition, is about to begin. President trump when im thrilled to hold the first rally of 2020 right here, in the gr
Economy, particularly those in the lower classes, take a listen the bottom 50 has increased their net worth by 47 , okay . Second. The top 1 has increased their network by 13 . Middle income people have retirement accounts and 401 k and they have had a fabulous period, actually its been a fabulous three years. David so jackie how could democrats say the economy and market rally is working for the upper class when the lower class did pretty well too . They have to try to debunk the theory because thats what this president is going to run on in 2020. If you take what larry kudlow said and you take that as fact and i have no reason not to, it shows you that this economy is working for everybody. Look you cant have an economy thats increasing 47 for the bottom 50 and the rich arent getting a little bit of the benefit from that too, as a matter of fact we need them to because they recycle more of their money into the system and that tip uses to stimulate growth, but this is not just about t