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And by contributions to your pbs station from viewers like you. Thank you. Tavis the argument that cities function better than their local governments is laid out in a well reasoned tone called if mayors ruled the world. Benjaminitten by barber. Good to have you back on this program. So nice to be here. Story there was a big in the papers the other day, president obama had a meeting with newly elected mayors, the mayor of new york, a big meeting with mayors. Mayors sometimes get the short tripped on what happens, and these mandates a often hand out to states. Have you heard anything about what...

Applause . To see you here. Welcome everyone. Our topic today is urban regions and 20 percent of the people produce 50 of the out put and people are driving in the economy but economic stagnation and federal gridlock are skooegz the federal government service. Add in the pressures of rooirz temperatures and the countries face to daunting channels. Urban America Needs a new playbook and well take a look at that. We have 3 guests mayor ed lee. And the president of the urban management one of the countries largest home bindles and a co author of how the citys are fixing our fragile developed. Ple...

I realized i didnt introduce myself. I actually put together the program for this conference. We were originally supposed to be doing this conference in may 2020 and a little thing called a pandemic put pain to that. Im delighted we have been able to do it and im very thankful for the generosity of the trust that provided the resources for us to do this. Before i introduce our final speaker for the day, i would like to also think the cato Conference Team and the building staff for all of their hard work for making today possible. They kept us well fed and watered through the day. Weve had some...

Im jim cramer. And welcome to my world. You need to get in the game. Go out of business and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Other people want to make friends, hey, im just trying to help you save a little money. My job is not just to entertain, but im trying to coach and teach you. So call me at 1800743cnbc. Just when you think the stock market cant keep rallying, when you think that stocks have gone up too far, too fast, the buyers, they come in with a vengeance today hallelujah. Dow climbed 82 ...

Dow climbed 82 points, s p closed the at a five year high. Why did the stocks rally . Why . Sometimes it is pretty calculable, simple, because the biggest driver on earth, china, reported a blowout export number showing the countrys plans to reignite growth are, indeed, working and we believe in that. When that happens, buyers swarm in, they buy commodities, thinking how could they not roar now that chinas spending. They buy the industrials because china relies on a lot of our companies to power their electricity and buy our Consumer Companies that have plunged deep into the retail fabric of t...