Correspondent in new york jose luis to horo was a good to see there so say everyone everyones watching germany here why is everyone watching germany why are investors so interested in german fiscal policy. Well stephen as you mentioned even if germany implements any kind of a stimulus it may have void a recession or an economy gets sick nation at a time that investors a year in wall street see growing financial will not ability of german households and Companies Germany is the biggest economy in europe and even if the European Central bank will probably implement a fresh set of the stimulus its effect may be limited sense we are already close to that effective lower bound of Monetary Policy so the possibility of a push from a different skill side makes markets and believe that the current downturn in germany will not morph into a long lasting crisis actually it could also help all the European Countries and lets not forget that the e. U. Is a key partner of the us actually the us that
Cocoa to the girl max new to china. Good line of stories. With the exclusive. The must see consuming sparkling culture teacher of. The place should be curious minds. Do it yourself networkers. Subscriber and dont miss out. Is that the verse germany about to borrow to stimulate its economy wall street thinks so and into a wild week with the gate but dont count out markets custom is a. Correspondent. And one of germanys best known brands turns 70 well show you what a long profitable journey its been for audi dos. This is your Business Report im stephen theres a but thanks for joining us. Stocks on wall street climbed friday as investors looked to end a turbulent week on a positive note theres a great camera the Dow Jones Industrial average ending the day up by just over a percent or a report that germany is open to an economic stimulus package helped bring buyers back to the market and it appears the berlin government is willing to suspend its balanced budget rules and take on debt now i
Interested forecasts ibm is betting on 5g growth and the cloud, it has a tieup with at t that is talking exclusively with jim about he got both. And president ial pressure trump saying his administration will take a look at accusations from tech investor peter thiel that google coordinated with the Chinese Government so some mixed reaction out on bank earnings. Jpmorgan chase, Goldman Sachs, wells fargo. Guys, obvious lly the reason th stock is down they lowered their nim forecast by 500 million. Sometimes you look at a quarter and you say, please, please, give me a highlight. Look, the efficiency ratio was good but when i look at what the other banks have done, i understand that jpmorgan is good, just not shoot the lights out. I dont think when i look line by line, look, you got some good numbers here you have the Consumer Community banking this line about the just the consumer itself, these guys are coining money theyre not coining money as i would like it because of Net Interest Mar
Yesterday when i had my first trip here. It was about 16 years ago. Got off the plane in the middle of a hot summer. Had fresh new boots on my feet. I was a newly enlisted private headeded to fort jackson for my basic combat training. My introduction to your kind southern hospitality. I deployed to iraq just one year later where i experienced firsthand the high human cost of war and i had the great privilege of serving alongside so many great americans who sacrificed so much. And who truly embody what it means to put service above elf. The founders of our nation had a great vision for us. That our government should be of the people, by the people and for the people. But that is not what we have today. Instead, we have a government that is of, by and for the rich and powerful. And we the people are left behind. You deserve a president that will put your interests ahead of the rich and powerful. And as your president , as your president , i will bring that spirit of service above self to
Economic Activity Raising unemployment and schooling causing political unrest concerning to Domestic Violence and undermining liberal democracy and the response of the pandemic is the biggest Public Policy failure in history. And not just an innocent mistake. We knew they were around. Right from the Start Menu Lockdowns were ineffective with the stupid class masks but the point of social distancing and those to travel is five times as far. And then to push an old playbook and Public Health director of Santa Clara County here in california. With the first lockdown. And Governor Newsom shut down on california. And then with a Bioterrorism Attack on mine. And at the federal level pushing the Lockdown Madness based on experience for aids and they were making up as they went along. Then it was controlling the number of cases even though we knew from the start and Vaccine Mandates. But that they dont prevent infection or transmission. It was about their addiction and the rush of blood to the