Page 2 - Inventory Numbers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Prices. >> and the last one, that he asked them to keep the taps on. >> it's a smart move. neil: jonas's cynical-- >> he got them to pump the oil. neil: he didn't make them think he's a super friend, look, don't think about doing anything to raise oil prices and-- >> he was, and it worked and again, look, it's a tough situation. the public doesn't like how the middle east-- >> bottom line, it doesn't work. >> i think the waivers came in, too. neil: isn't the bigger issue just a slowdown? that's what's particular datpar- dictating the market. >> oil supply, inventory numbers are at record highs...

Beans to everybody than we'd ever buy. that's not going to sustain. that's because of the tariffs. >> 90 billion increase in the number. increase in exports is only about 12% or 20% of that 90 billion. >> when you -- >> that's not a complete solution. >> when you shave it out we're back to the 2 and change % you talked about. >> and declining inventory numbers. that's -- and the q 2 gdp growth, there's room for acceleration. >> we end up at roughly 3% number, that's good. >> did obama ever achieve -- >> no, he did not. >> no. >> he didn't. >> he did. >> on a quarterly level but not annual. >> ...

>> i agree with that, but what i think is -- >> you don't. you said to us. >> let him finish. >> i think that there's a bunch of facts out there and data sets that you guys are showing these facts. what about where's a chart of the screen about the unemployment number? >> we can do that too. >> unemployment number is fantastic. >> i think that's a great fact and -- >> these facts are not ours. they're the u.s. governments. >> the unemployment number is fantastic. >> the gdp number in the first five quarters of trump being in office is about 2.55%. gdp growth during the entire obama was 2.08%. ...

Inventory numbers also look lower. >> let's go back in time for a second. this was a trump promise on the campaign trail. when em, get to it 4%, people were like, whatever, he's done it. watch. >> it's time to start thinking big once again. that's why i believe it is time to establish a national goal of reaching 4% economic growth. and my great economists don't want me to say this but i think we can do better than that. and we're bringing gdp from really 1%, which is what it is now. if she got in, it would be less than zero. we're bringing it from 1% to 4% and i think we can go higher than 4%....

And final something new. they're saving more than ten years ago. it had gone down to zero and now it is like 7%, 6.8%. there is one catch in the gdp numbers you're seeing. there is definitely a spike in the second quarter numbers, driven by trade war and fears of the trade war. it is all soybeans. you actually saw a huge rush to export soybeans ahead of the 25% tariff that china is set to put forward in july. so you know -- >> that would be why the number seems larger, you're saying. folks are worried about the trade war. when you look at the numbers, in general, our inventory numbers a lot lo...