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Hi, neil. We heard from jay powell earlier today. He reacted for the first time about the headlines that came out of the white house yesterday in which the white house early they are year looked into the possibility of potentially demoting the fed chair. Yesterday the white house didnt deny that they looked into that earlier this year. When President Trump was asked whether or not he wants to demote powell, he responded in part by saying, well, lets see what he does. The fed did not cut rates today. At his press conference this afternoon, powell suggested that he feels very safe in his current role. I think the law is clear that i have a fouryear term. I fully intend to serve it. In the lead up to the latest fed meeting, the president continued his attacks on powell and the fed for not cutting rates. The fed said one rate cut is to happen between now and the next election by the end of next year. The futures market is pricing in ....
Morning. welcome to the neighborhood. do you like my work? secure your home with x1 voice control. and have professional monitoring backing you up with xfinity home. demo at an xfinity store, call or go online today. neil: all right. you want to keep this bull market going? it s going and going. president trump says keep him in office or there is going to be a market crash. it s something that i raised with billionaire investor and ceo of the double line capital, jeffery dunlop on my fbn show earlier today. his reaction to that. i don t know about a crash. he s always fond of hyperbole. one thing that is interesting is a lot of the current polls that have come out, it s very early for 2020 presidential polls. but a lot of candidates in the democratic field are polling substantially stronger than the president is right now. some point, i think, if those ....