China: Is the Sun Setting in the East?
We do not foresee an imminent Chinese invasion on Taiwan. We remain cautious on China investment but remain optimistic on U.S. stocks.
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We do not foresee an imminent Chinese invasion on Taiwan. We remain cautious on China investment but remain optimistic on U.S. stocks.
Record debt buildup leads to blackouts and healthcare cuts, threatening a lost decade of growth
Corporate America levered up in 2020 as the coronavirus pandemic threatened revenues. But even with ample cash on hand, companies are likely in no hurry to unwind that buildup of debt. Borrowing was crucial in the early days of the pandemic as companies made a dash for cash to cover operating expenses. S&P 500 companies held a total of $1.88 trillion in cash as of the third quarter of 2020, according to S&P Dow Jones Indices, leaving them well placed to deleverage. But experts say paying down debt will take a backseat to mergers and acquisitions, capital expenditures and shareholder returns a...
Oddly enough, $5 trillion . national debt in essence is attributable to the wars in the middle east the last 16 years. that's a different conversation. but we've got to look at what are those fundamentals that are driving us to a higher and higher debt level and we've got to do something to put the brakes on it. so, the idea of clean without addressing the core issue of how you're building up that debt to me doesn't make sense and i don't think it makes sense to the number of conservatives as well. >> will the conservative freedom caucus as it's called in the house of representatives go along ...
welcome, everybody. our "starting point" is this breaking news. two american tourists have been kidnapped in dahab, egypt, in the sinai region. the kidnappers, it appears, are trying to negotiate some sort of prisoner exchange. jill daugherty joins us. what do we know? >> the state department is in touch with the families of these two people. names have not been given. they're 31 years old. the state department is providing counselor services and they are in touch and working very closely with egyptian authorities to try to resolve this. essentially, what happened, these two people, ...