Page 35 - Tapering News Today

Coming out of their just devastating, high water rescues, there were hundreds of them yesterday. heres the radar, you see the deluge of rain through southeast texas into parts of louisiana. things will get better today. we will see the potential for showers in the forecast. some areas could get a couple inches on top of historic flooding again. even though the rain is tapering off we will see flash flooding advisories for a couple days if those rivers and come down. in two years we had harvey an...

Forced from their homes due to land slides and floods. and dramatic rescues like this one are under way throughout the region. our meteorologist is here with us now with more on all this. and really heart breaking scenes there. >> it is. and, you know, the amount of rainfall thats come down here, rosemary, has been a significant contrast to what the season started like across this region which was a very quiet pattern. the blue lines indicate the actual rainfall and blue line the average rainfal...

Is un-american and should not be what we are faced with when it comes to how social media companies have us all under their thumb. heather: it brings up the issue of controlling the election. we heard so much about russia swaying the election, now we have social media doing it. >> russia used social media in a profound way in 2016 and continued to throughout the world. that is not in question. what is in question is why do we as americans have to put up with the idea that social media companies ...

Almost happy. but now 2% sounds almost weaker. i think youll see closer to 2%. but is it weaker, yes? will the fed cut probably this summer, yes. possibly in june which shows a weakened ineconomy. of course it is. so its definitely weaker, remember weve got the fed still when theyre done tapering theyve got $3.5 trillion still. so this is the easiest monetary policy in the histhistory of monetary policy and so thats what i think is the adrenaline pump like pulp fiction. >> lets talk about those ...

>> theyre talking about 1.25%. >> i think it will be 2. will the fed cut? possibly in june. >> which shows a weaker economy. >> its definitely weaker but the feds when theyre done tapering, theyre going to own 3.5 trillion still. so this is the easiest monetary policy in the history of monetary policy. so thats what i think is the adrenaline pump like "pulp fiction," the tax cuts and -- >> lets talk about those tax cuts. >> that pushes the economy. >> a lot of the numbers suggest no. tax cuts to...

>> correct. >> okay. i do want to say i was a democrat until steve wynn found out i was a democrat and made me switch parties. >> that would be the smart thing to do. >> good. lets get to it. i only have a little bit of time. on behalf of the many members here who have expressed to your family our apologies to your family, but i want to apologize for the inappropriate comments and tweets that have been made by other members of this body and as a former prosecutor and as former counsel on house e...

Popular item from its beaches? it is plastic beach balls, sunscreen, speedos? greg? >> sunscreen. i was there when it happened. >> we wont know until it rolls the tapering >> about the timer will be lathering up the sunscreen but hawaii saying not so fast. sunscreen containing two chemicals, oxley bensalem -- killing their coral reefs. >> better than getting skin cancer. >> we are in sudden death. this has never been done before except for last week and the week prior. final question, again, pla...

What it announced at the last meeting its cutting back the asset purchases and it announced that it will end those asset purchases by the end of the year the net purchase is this it that is the e.c.b. has said a few things to calm the nerves on the markets to it intends to reinvest as it says the principal payments from maturing bonds for an extended period of time after the end of the net purchases and in any case the e.c.v. says as long as necessary to maintain favorable liquidity conditions a...

Announced at the last meeting its cutting back the asset purchases and it announced that it will end those asset purchases by the end of the year the net purchases this is that is the e.c.b. has said a few things to calm the nerves on the markets to it intends to reinvest as it says the principal payments from maturing bonds for an extended period of time after the end of the net purchases and in any case the e.c.v. says as long as necessary to maintain favorable liquidity conditions and an ampl...

Going out of the markets. well the markets are actually reacting pretty positively although it has to be said that the end of crisis era stimulus was something that was expected now european stocks went up on the east and on this news it appears that the markets are quite alike to this middle ground between an aggressive and accommodating stance that the e.c.b. has fallen by saying for example it will wrap up bond buying by the end of the year while signaling that interest rates will stay at a h...