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July 16, 2024
Gdp to be negative this the First Quarter of 2021. It is friday before a holiday week 59 minutes left in the session down a quarter of a percent on the s p 500. No gobbledy gook coming up for the next two hours here either. Coming up on this show, instead we are going to dive into the latest on the coronavirus and pfizers push to get emergency use authorization for its vaccine with the fda commissioner and pfizer board member dr. Scott gottlieb. Plus, new york city shutting st. Louis down the he...
July 16, 2024
Experiencing unprecedented declines in activity. Although the remains considerable uncertainty about the economy, we know that the Banking System has served as a source of strength throughout this period. They have supported their customers and committees by pppinating 500 million in loans. The Banking Systems ability to support the economy reflects the Industries Strong capital and liquidity position. In the Second Quarter of 2020, Equity Capital increased to more than 2. 1 trillion, which 13. ...
July 16, 2024
Let it be an arms race in this on off and spearing Dramatic Development only really im going to resist i dont see how that strategy will be successful very critical time to sit down and talk. In critiquing the system we of course we need to to criticize also the power of the companies and we need to criticize what corporate lawyers do but we also need to point our fingers at the states and have we have to really say look. States created the systems and states have the power to get rid of the sys...
July 16, 2024
Go ahead. Well i think its the last point that i am really interested in its do we want to fight racism and of course the answer to most of us is yes but to fight racism you have to understand where does racism come from whats the cause of racism these symbols of an exploiting society do of course represent the fact that it is an exploitative society what that reminds us is this society is not our society its run it is made up of run by and for a tiny exploiting class and of course they heroes a...
July 16, 2024
Not get a pretty tiny little lonia block the signing of the Free Trade Agreement with canada thanks to paul men yet its minister president. 3. 5000000 loons blocked a treaty concerning 500000000 europeans a smooth european entity defies the great liberal euro its truly david against goliath. And beautiful to. Come all of us face that one jesus was going to ask for id a figure from well big. Deal as good of our federal partners on his own he did previous 17 us are not. As good vestry of big as yo...
July 16, 2024
We have seen a lot of ups and downs in the Latino Community. None more stark than the last 3. 5 years. Donald trump his administration have pursued an allout assault on latino communities, from the moment he came down that golden escalator saying he was going to take on the mexican rapists. It started the moment he announced his presidency. Feeding the flames of fears and racism against latinos. It is baked into every aspect of how he has governed. This week was an especially poignant reminder o...
July 16, 2024
Against the pandemic and when were losing, we buy the cramer covid19 index. Oh, i wish there were more to it than that. But when the virus seems unstoppable. You go back to the wealth and buy the stocks of the companies regardless of valuation. Thats how the dow gained 236 points today the s p advanced 2. 7 . And winners surge 1. 47 . This rally was extra infuriating to anyone who thinks the market should be linked to washingtons inability to pass another stimulus bill now that the 600 a week be...
July 16, 2024
Spending and chicago pmi fed chair with alan blinder in a few moments. Steve liesman will give us a curtain razor on that. Hey, steve. Good morning, carl. Yeah, were wondering whether powell continues a cautious tone, much more cautious tone than the market seems to embrace and in a way his cautious tone seems to give the market a green light because it means more stimulus or the fed being around for a long time here among powells concerns hes expressed in the past that the employment and growth...
July 16, 2024
Places. Watch American History tv tonight and over the weekend on cspan3. Up next, Federal Reserve chair Jerome Powell talks about the u. S. Economy and his agencys response to the coronavirus pandemic at a Virtual Event hosted by princeton university. Okay. Hello, everybody. I now have the signal that the technology is working. Fortunately nobody would put that in my domain. I dont take any responsibility for that. Im professor of economics and Public Affairs here at princeton university. Thank...
July 16, 2024
Economy and his agencys response to the coronavirus pandemic at a virtual pandemic hosted by the university, and the Federal Reserve was days away from making the first loans to small and mediumsized businesses for the lending program. This is 40 minutes. I have the signal that technology is working. No one would have put that in my domain so to quote somebody i dont take any responsibility for that. Alan reiner, director of Public Affairs at Princeton University. Thank you for joining us on the...