Page 103 - Stimulus Package News Today

This trade war. >> precisely. this is one of president trumps favorite games, playing yo-yo with the stock market. he does it at will. when i grew up in economics, the idea was the stock market was this efficient al cater of excess savings to its most productive uses. that aint what were looking at today. so this kind of volatility is bleeding into the broader economy, which is one of the reasons the european central bank did what it did today. >> trying to get stephanie excited here. the europe...

President. a ham sandwich would be around 55, 60. you talk about the fed. explicitly not supposed to be the presidents tool. the role of the fed is not to be manipulated by a president. hes assaulting that independence. how markets have started to incorporate the presidents erratic behavior and his undermining of norms and treat it as a new norm itself is stuning. with china, yes, could we have a tactical retreat and call it a win? yes. the problem with the overall environment with really low in...

Are you concerned about a crash or a slowdown in the chinese economy? actually a billionaire told me no. you know why? because china didnt unleash a 50 billion stimulus package like they did in 2008. we havent seen a federal rate cut so far. and the interest rates drop, allow the banks to have less cash and around the economy, hopefully creates more economic activity. neil: 120, 130 billion dollars for businesses and the idea is to boost. >> yeah. neil: and thats paled compared to what theyve do...

Rochelle, do you think that will hold water for progressives you dont want him to go? >> i think climate hawks need to do a better job of making sure the language they are asking people to pledge two is extremely clear, so that politicians do not have the loopholes, if you will, that they can claim and still receive money. heres the bottom line, i think people need to actually look at joe bidens history when it comes to climate change. is it perfect? no. its not. but its very strong. you have to...

Management of the company, is not an executive of the company. will that hold water for the progressives who dont want him to go? >> climate talks need to do better job making sure the language they are asking people to pledge to is extremely clear. politicians do not have these loopholes they can claim with this money. is the bottom line. people need to look at joe bidens history when it comes to climate change, is it perfect? no, it is not but it is very strong. joe biden 1986, the global clim...

So, then he said im the only one electable. im doing if for the party. barack obama said you dont have to do. this today he said i think 8 or 10 of the other democrats could beat trump. he just undid his own argument. what i think is most damning two things. he was in charge of paying out the stimulus package and in charge of the pullout of iraq. if you read mattis book today he talks about interacting with biden trying to explain the problems if you pull out the way he wants to and allow maliki...

Exports are down and economic growth is falling accordingly as growth falls dissatisfaction grows many are calling for some monetary stimulus from the government to jumpstart the economy thats where german finance minister all of shows comes in he says berlin could pump up to 50000000000 euros into the economy if needed 1st emulous package. such a stimulus package would not require taking on new debt maintaining current government policy but in the face of low interest rates many economists are ...

Does stop and speak to reporters. ideas that could include more tax cuts. welcome back to the "americas newsroom." its wednesday morning and im sandra smith. >> jon: im jon scott in for andrew hemmer. bill hemmer. the president this morning continuing to discuss ways to keep it that way. complete coverage with austin goolsby who was on president obamas economic team. >> austin obviously well know a lot about this because he was involved in something very similar. this is just in the talking phas...

Very short period of time, the taliban will be back in control in afghanistan. well go back to a pre9/11 posture. the president was clear in saying that the taliban cannot be trusted. you wonder exactly how the negotiations are going to go. the president did say that he plans on leaving some sort of force there in afghanistan to try to keep the taliban in check. i dont know if thats a good long-term solution here or not. on the economy, the president said that he is looking at a number of tax cu...

A positive note the dow jones industrial average ending the day up by just over one percent report that germany is open to an economic stimulus package helped bring buyers back to the market it appears the berlin government is willing to suspend its balanced budget rule and take on debt investors hope that europes largest economy can steer itself away from recession. and lets go now to our financial correspondent in new york jose luis to horo was a good to see there so say every everyones watchi...