We are getting out of equities and bonds. They are getting out of crude. They are all just going into dollar, the dollar being another safe haven here. Caroline certainly the dollar remains the haven of choice. It is interesting whether we are talking about an inflationary or deflation area cycle as sherry was pointing out. Volumes have been very much on the thin side today, and people have been taking a step back on the risk on and risk off folk us. Volumes in the s p 500 remain. Romaine i am glad you brought up the volumes. That is something we should have talked about a bit more. The price action over the next couple of days may not be completely reflective of economic sentment, but it could cause a lot of problem for folks depending on the side of the trade you are on. Caroline lets take it back out to sherry paul now. Sherry, the big expiration as for the hearing from that coming up. Volatility s of and you are saying to remain committed. The dollar remains stronger as taylor poin
Welcome to the second day of the policy conference. Im the ahead of inflation, oddities research and fidelity in boston and today we have the pleasure of hearing the latest views from the 13th president of the World Bank Group determined he began last year prior to joining he served as undersecretary of the treasury for international affairs, founded a Macroeconomic Research firm and served as the chief economist while many of us know him now as a policymaker there is a very long history in the private sector economics. When i was chatting with a friend of mine he mentioned the best moderators are funny, fluid and forgettable. With that, the floor is yours. Im very pleased to be here. Ive got some notes and then it is nothing as to tell people about and am looking forward to the conversation and the National Association the meetings were one of my favorite in the 1980s when i was at the Senate Budget committee and the joint Economic Committee select switched on to be back and see some
The World Bank Group determined he began last year prior to joining he served as undersecretary of the treasury for international affairs, founded a Macroeconomic Research firm and served as the chief economist while many of us know him now as a policymaker there is a very long history in the private sector economics. When i was chatting with a friend of mine he mentioned the best moderators are funny, fluid and forgettable. With that, the floor is yours. Im very pleased to be here. Ive got some notes and then it is nothing as to tell people about and am looking forward to the conversation and the National Association the meetings were one of my favorite in the 1980s when i was at the Senate Budget committee and the joint Economic Committee select switched on to be back and see some old friends. The 1980s was an important time for u. S. Growth but like today, the years presented challenges for growth especially for the developing countries theres quite a few topics today but the one id
Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and unless there is money to be those parts that come from china made everything you do should be are affected. Okay. Closing. Bernie, thank you for joining us this morning im closing every day appreciate it. Coming up, can a slick we digress. It is up we are green today multimillion dollar ad blitz translate to success on the up 65 points, the s p indicated debate stage thats the question of the nigh
From around the world and stay with us for the kaiser report next here on our international. Kaiser this is the kaiser report yet the s. And china are edging closer toward greater and greater rivalry of the 21st century as they say yes indeed we have a 1st headline about china and i want to say present the context of this globally whats happening President Trump is parading the fed once again saying we need negative Interest Rates because we are of course in a monetary war and a trade war with around the world hes pointing to europe having negative rates and that we cant compete with europe if we dont have negative rates against china of course hes always saying china manipulates their currency and they we have an free fair trade with them and here is a headline about that from china looking at the United States china u. S. Rivalry on brink of becoming a quote financial war former minister says the growing rivalry between china and the United States is at risk of becoming a financial w