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Steelmaker. Very damaging for japans managing sector. Michael the i. M. F. Puts out a sunny growth forecast. Christine sheds light on the support. This report. Christine we see the sun shining but we also are seeing the clouds on the horizon. Michael fomc minutes. Fed president s add inside insight. Im really nervous Inflation Expectations are low. Were not trying to address the relative price changes that occur in the economy, were trying to get the underlying rate. Michael plus, economists consider the conundrums of tax reform. Has to be basebroadening as well. Growth will pay for part of it but not all of it. Might as well assume unicorns will come and deliver packages of money. Theres no reason to believe this. There are miracles and sometimes productivity growth picks up and for reasons we dont always understand it happens. Michael all straight ahead on bloomberg best. Michael hello and welcome, im michael mckee. This ....
What lessons are there for other companies . We are one hour from the close of trading. Lets go to julie hyman with the latest. Julie i wanted to mention a headline on consumer borrowing. Fastestin march at the pace since november 2001. 29. 7 billion. Os and credit autio card debt going up. All three major averages rising to the heights of the session. Take a look at the trajectory of the s p 500. It has been all over the place. Futures, andine in then we had stocks bouncing around for much of the session, going green around 2 00 p. M. The dow was the first to make that move. To weigh whatng exactly the jobs report means and it looks like not really coming up with a unanimous decision. If you look at what is contributing to gains right now, youve got amazon bouncing back from some declines to past few days. Facebook rising and alphabet. Also if you look on the flipside, what is dragging the most, weve got apple going down. It has been almost a straight down the line going back several ....