The nasdaq got spanked and slit 1. 6 but the average value 29 points in an it is passion of the upcoming rate cut, the first in ten years allow me to set the stage, on wednesday fed chief jay powell will give us the read on the economy and announce a quarter point rate cut to breathe now life into a business situation for many different industries. I know there will be sticklers that say with unemployment with the lowest level since the 1960s, it is ridiculous for the fed to think about cutting rates. Others like President Trump think a 25 basis cut isnt enough the president endlessly tweeted the Federal Reserve is way too tight monitory policy has been holding back the economy did it again today when your Interest Rates are too high, the currency gets stronger versus the rest of the world our rates are much higher so the dollar is very strong and makes the internationally Oriented Companies far less competitive and can hurt the Auto Industry and housing industry both of which are weak
She also suggested that tokyo will need to provide for problems such as gambling addiction. The previous chief had resigned to take responsibility for the partys defeat in aprils general election. Party members chose the new president a convention. She called for unity to regain government support. She had been past chief secretary for political and public affairs. Under es leadership, the party will prepare for next years election. Others with close ties to the election will have but theres a deep Division Within the party between members who are close to pak and those who remain distant from her. Its time now to take a look at the latest stories in business news, executives at leading japanese banking groups say they want to extend a helping hand to a new crop of startup firms working on hightech approaches to financial services. Fintech employs the latest technology for convenience for customers. Some analysts think that fintech firms will eventually become a threat to conventional
She also suggested that tokyo will need to provide for problems such as gambling addiction. The previous chief had resigned to take responsibility for the partys defeat in aprils general election. Party members chose the new president a convention. She called for unity to regain government support. She had been past chief secretary for political and public affairs. Under es leadership, the party will prepare for next years election. Others with close ties to the election will have but theres a deep Division Within the party between members who are close to pak and those who remain distant from her. Its time now to take a look at the latest stories in business news, executives at leading japanese banking groups say they want to extend a helping hand to a new crop of startup firms working on hightech approaches to financial services. Fintech employs the latest technology for convenience for customers. Some analysts think that fintech firms will eventually become a threat to conventional
Sorkin and danny boyle when we continue. Rosenefunding for charlie rose has been provided by american express. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. From our studios in new york city, this is charlie rose. Rose we begin this evening with politics. Representative Kevin Mccarthy abruptly dropped out of the running for speaker of the house today. The one thing ive always said to earn this majority were serving, we should put this conference first. I think there is something to be said for us to unite, we probably need a fresh face. Ill stay on as majority leader but the one thing i found in talking to everybody, if we are going to unite and with strong, we need a new face to help do that. Rose no date for another preliminary vote has been set. Meanwhile, Senate Democrats vow to block all legislation pending action on proposed gun control measures. In president ial politics, the first democratic primary debat
Sorkin and danny boyle when we continue. Rosenefunding for charlie rose has been provided by american express. Rose additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. From our studios in new york city, this is charlie rose. Rose we begin this evening with politics. Representative Kevin Mccarthy abruptly dropped out of the running for speaker of the house today. The one thing ive always said to earn this majority were serving, we should put this conference first. I think there is something to be said for us to unite, we probably need a fresh face. Ill stay on as majority leader but the one thing i found in talking to everybody, if we are going to unite and with strong, we need a new face to help do that. Rose no date for another preliminary vote has been set. Meanwhile, Senate Democrats vow to block all legislation pending action on proposed gun control measures. In president ial politics, the first democratic primary debat