A half percent. Another thing i am watching as the rnc tax policy. Toer this hour, we are going look at taxes and how they play into wealth inequality. We are going to do that with Dorothy Brown november university. First, economic data. Confidence, 84. 8, the market was looking for 93. Ist is a week number that a weak number. This tell us something about the stimulus debate, the employment market in terms of the present situation. That has weakened significantly from the 94. 2. The expectation number has weakened as well from 91. 5. We have an 85. 2 this time around. Newhome sales continuing to drive onward. The Housing Market showing no respite. Look at the lumber prices. Sales, 901,000. That is a 13. 9 permit very strong number. Consumer may be starting to show signs of weakness and concern. Lets talk about the market today. We have already indicated what we are seeing is stocks, global stocks continuing to push on very strongly. What is the excuse . U. S. Chinese officials holding
Dont want to see it in on their lands simply because that it could lead to some type of environmental disaster at one point or another we know that pipelines are 100 percent and the 2nd of all it is their territory so theyre saying and the Canadian Supreme Court has agreed that they have their laws on their territory they way that they run their territories according to them and that the canadian government should stay out of it. And alex how effective have the fall of any protest rail blockade bennett pressuring trudeaus government to reverse course on this back and pipeline. Problem triodes government is that theyre walking a tight rope at this point so youre looking at a country divided here or is amounts of issue pipelines are a massive issue and of course gas falls into this game as well so when youre talking about whats happening right now youre going to have provinces like alberta screaming bloody murder their premier jason kenney who is an. Massive proponent of oil and the expa
Territories so the Police Coming in and doing what theyre doing is a backlash is happening it truly is and it seems that at least 2 and 5 canadians are in support of these protests that said you have to look at the bigger numbers saying that they want these protests to end because it is having an impact on the economy the province of quebec alone their premier says that theyre losing about 100000000. 00 a day so in that respect the protesters are getting their job done they are being heard they are being seen the media is paying attention now the question is what happens to that pipeline as you mentioned its a gas pipeline that runs through some of the most pristine territories that we have in canada in Northern British Columbia and according to the hereditary chiefs they dont want to see it in on their land simply because that it could lead to some type of environmental disaster at one point or another we know that pipelines are one. Percents and the 2nd of all it is their territory s
The meeting and it is still on. Manus a warm welcome to bloomberg europe. Zurich for a in couple of days. Wobbling. Omewhere is as Martha Malone says you are asleep at the wheel, opec. Is rate cuts the right policy response . Nejra and how long can that little rounds last bounce last . Are you moving from survival to strategy . Manus the dollar seems to have taken a new lead. Take a look at the dollar, down for the fourth day in a row. Deutsche bank says it is time to sell currency. The biggest slide to. Dropping over 1 . Deutsche bank, 100 basis points by the end of the year. Goldman sachs, 100 points by the middle of the year. The oil market has a b ounce. For the 10 year Government Bond yield the probability of the fed going to the zero yield, i bring you back to 2008. The Options Market says it is unlikely you will get there. Somebody is right. Somebody is wrong. Good morning. Asiapacificci index. Turning negative after the report says the draft doese g7 meeting, the call not speci
Reported that despite a statement declaring that quote there has always and continues to be a willingness from the time to naga mohawks to discuss an exit strategy of the c. N. Rail line main main line that didnt stop canadas Royal Mounted Police force as you can see from physically removing the 1st nation protesters from their camp a camp that never actually physically blocked the rail line they still got moved out so today my friends lets kick things off with a little protest and a fight for the indigenous rights as we start watching the hawks if you want to know whats going on a city street you want to see. There so youd like to see the prices you always stay and see the slice great city displays systemic dissent says the late show but shes a whip. So in the real. World were more than watching the hogs i am tired relevant to earth and im and its a problem and joining us today to discuss the protests the pipelines and mr to do those role in all this is r. T. American Court Canadian c