Page 12 - Danny Meyer News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baff...

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baff...

Aggressively . Joining me right now is the chief economist for jpmorgan chase, michael faroli. Good to see you, michael. My pleasure. Maria let me get your take in terms of the broad economy, how do you see things . Right. So right now theres a lot of crosscurrents. We do think Second Quarter growth is a little softer than First Quarter growth. The hard data looks okay, right . That alone wouldnt call for a rate cut, but there are some worrying clouds on the horizon. We have seen particularly business surveys that have softened some, so there is some concern that the trade tensions may be cont...

More. There are going to be those who say the president lost deterrence, the iranians see they can continue to walk all over him and theyll continue to escalate tensions with some sense of comfort that perhaps the president doesnt have the stomach for conflict. There is another way of looking at this, however. And that is that the United States can use this to galvanize support from the europeans and perhaps from other places around the world to show the International Community that iran is still aggressive, that iran is deserving of the sanctions that we have on them right now, and these sanc...

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baff...