Qe 1 News Today

Credit to the fed and monetary policy and qe 1, 2 and 3 but also if you look at obama over his eight years we had average gdp of 1.5% last year we had 1.6 and when trump came into office his first budget hit 2.3 and he hit 2.3 so i think theres a very clear dichotomy of obama versus president trump real bull market coming on strong with president trump. david: kevin who gets credit? >> i actually think the fed gets credit they went into the market and artificially suppress ed interest rates so p...

Welcome back. were back with our panel. john hilsenrath, ed rollins. steven ratner, chairman of willett advisers, former counselor to the u.s. secretary of the treasury. steve, thanks for joining the conversation. >> thanks for having me. >> i want to ask you about the economy where we are. tim geithner just out with his book "stress test." its been seven years since the dark days or six years since the dark days. how would you characterize things? >> actually, im in the middle of reading tim ge...

On. so it is -- the epploiper-based insurance is a real problem and will go on. it keeps employerses where they are and keeps them from hiring people. thats the first thing that needs to be solved. above and beyond that, get rid of, you know, lower capital gains, get more money working in the economy. it worked for ronald reagan. >> they had much higher taxes -- >> -- reagan actually had the right policies to create jobs growth and until we do that, its just going to go on the way it is. by the ...

Of volatility since chairman bernanke did mention tapering back in may, which is where we had our highs. >> which means i will stop giving you this free market. >> meaning we have seen the most volatility all year. sideways to lower, the last two days significantly lower. there is probably some work to do on the downside in the near term. this is something thats needed. a pullback is needed. we need to get back to more compelling evaluations in the index stocks generally speaking. so its not as ...

There is probably some work to do on the downside in the near term. this is something thats needed. a pullback is needed. we need to get back to more compelling evaluations in the index stocks generally speaking. so its not as if this is completely destructive. its a question of a longer period of trend. >> its pruning. >> thats a great example. >> when you look at five years ago when this whole, they call it quantitative ease, basically, this free money he has been throwing into the economy to ...

When they ended qe-1 and qe-2, stocks fell because the economy wasnt in a self-sustaining recovery. every data point will get that scrutiny between now and the end of the year. >> im going to ask both of you the question. stephen moore, what letter grade to you give the economy right now? >> you know, i would give it about a b-minus, but im optimistic about the future. when you take into account the fact that corporate balance sheets still look beautiful, american companies are lean mean fightin...

The economy and deciding not to act because of the timing of election day. that to me -- >> one thing really quickly. he just said that the economy is getting better. >> who did? >> mitt romney just said that. >> some would argue rightly that qe 3 is in fact an admission that obamas policies are not working. and republicans have evidence to back it up. qe 2 has not worked. qe 1 has not worked. ill point you to an interesting argument made in the guardian. essentially qe 2 and the fed posturing w...

championship. >> lebron james. the whole team. lebron james. >> doesnt everyone just think lebron james is the heat? good morning, everyone. nice to have you with us on this very, very "early start." im ashleigh banfield. >> im zoraida sambolin. lets get started here. lets start with the developing news this morning out of egypt about the health of former president hosni mubarak. were getting conflicting reports about his actual condition. a state news agency is reporting the 84-year-o...

authenticity of this. opposition activists say at least 5 the people were kill add cross syria monday and another 12 were killed this tuesday. more than 50 world leaders gathered in seoul, south korea to discover nuclear weapons casting a shadow on the summit is north koreas plan to launch what it calls a peaceful satellite next month despite pressure, north korean state media says pyongyang will not abandon the launch. im monita rajpal. "world business today" starts right now. goo...

Government now. we used to talk about ipos, new companies, innovation. now open up the business section of a newspaper, story of stimulus, bail-out, intervention. the effort from the fed if you love qe 1 and qe 2, youll like operation twist. the market hasnt liked it, the economy hasnt liked it. were on tap for more of the same. >> it seems that things have changed in how we operate. i know you think maybe its funny but watching the markets is making everybody sick at home. >> i think its funny ...