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Doing like making those tax cut permanent more the middle class. the democrats are now running statewide in nevada and arizona are the ones who voted to make those tax cuts permanent. that certainly would change the distribution argument that you're making because they have to expire because of budget rules. >> if you made them permanent, they would still predominantly go to the higher income taxes. >> they would still predominantly go to pryer income earners? sure. >> the biggest benefits would go to the highest earners. a little more benefit for the middle class but still overall the benefit...

The region you know to come forward with a credible explanation of what happened the turks don't want to be the ones in the end you know to say this is what happened they really want to force the saudis to come up with an explanation. the u.s. president. turkish president had been too hard on. the worst in history. well it is a showdown over money and creating new debt the european commission formally rejected today italy's twenty one thousand budget due to breaching e.u. budget rules and this is the first time the european commission has taken such a dramatic drastic step having avoided sanct...

From the e.c. b. then we have the chinese stock market under quite some pressure for a while now dropping about three percent just in the thursday session and since the beginning of the year the shanghai composite is down about thirty percent and here when it comes to the u.s. there is a lot of talk of higher interest rates and how that could be a bomb for us grows and we also where we talk about interest rates and see higher mortgage rates and that actually could weaken the u.s. housing market so there's a couple of stuff going on and those are some reasons why at some point we lost almost fi...

Beginning of the year the shanghai composite is down about thirty percent and here when it comes to the u.s. there is a lot of talk of higher interest rates and how that could be a bumper on us grows and we also where we talk about interest rates and see how your mortgage rates and that actually could weaken the u.s. housing market so there's a couple of stuff going on and those are some reasons why at some point we lost almost five hundred points of the dollar jones industrial average at the end of the day we were still down more than three hundred points challenging times for the u.s. powerf...

The composite dropping close to 3%, trading at a four-year low. economists putting out a note about china's slow down and credit growth. a lot of worries about chinese economic growth. there's going to be a figure coming out friday. of course, as many cynics say, you can't believe what data is being published. there's more and more people concerned that the trade tariffs are hurting the chinese economy and it will be growing at a slower pace than many global investors had factored in. it's not just asia. we turn our attention to europe. most investors taking a look at comments from the ecb pre...