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Pete welcome to the National Economist club, our first event of the year. The club was first of all, im pete davis, Senior Vice President and past president of the club. The National Economist club was started in 196 by herb stein, the chair of the council of economic advisers and it has met roughly 40 weeks out of every year since, presenting leading economists talking about issues of the day. Today, were very pleased to mark goldwine of the committee for responsible federal budget to talk about the return of trillion dollar deficits. Before i introduce mark, let me tell you about some upcomi...

1968 by herb stein, the chair of the council of economic advisors, and has met yearly 40 weeks out of the since. Have marke pleased to thewein to talk about return of the trilliondollar deficits. Before i introduce mark, let me tell you about some upcoming programs. Rivlin on. Alice february 1st talking about said policy. Maybe a little bit about the budget. Director, the founding of the congressional Budget Office. We have commitments to speak in although the dates havent been set by the current chair of the council of economic advisors, kevin hassett, and hall, the congressional budget direc...

Consumer price data as well as retail sales ecodata. Noon, federal fed president Patrick Harker gives an Economic Outlook street speech. 12 45, the president has his annual physical exam at Walter Reed Military Center. Emma chandra has the first word news. Emma lets get you caught up on the headlines. The United Nations calls President Trumps remarks about immigrants shocking and shameful. He is said to have used foul language speaking to lawmakers about why the u. S. Accepted immigrants from haiti and africa but not places like norway. President trump will not say whether or not he has spoken...

Im rooting for it to shut down. Weve all survived shutdowns. The challenge it is politically risky for both republicans and democrats. Of theyre in a mudslinging fight and hoping the other part has more mud on their face at end of the day. Charles deroy, forget about the market, only one year was the gdp down. I get back to the point. Why are republican so afraid of this . They seem to think they will get burned. After the last shutdown they benefited midterm elections after that. Depend who defines the terms of shutdown. He should do Oval Office Address on friday evening as we go toward the c...

It was like five sessions between 25,000 and the zeseventh trading sessio. From january 4th to yesterday is when we saw the 1,000 point move in the dow oil breaking, which is a weird Reason Energy stocks came down as a result just the idea lets hold off for a second nevertheless, with all of that, the s p 500 still remains on pace for its biggest monthly gains since march of 2016. The nasdaq is still on its biggest monthly gain since july of 2016. Look at what happened overnight in asia, you will see the nikkei was down by a third of a percentage point back to this morning sorry, flipflop back...