17 Burst results for "Twopercent"

"twopercent" Discussed on KLBJ 590AM

KLBJ 590AM

02:00 min | 3 years ago

"twopercent" Discussed on KLBJ 590AM

"It often touching people with increase factory with is tax rate on this is a tax what else is at sir it's attacks well what you want what i did i can work on it i'm not calling it a tax i'm saying the pera in the bottom line is people are going to go back to work in this country the balance of trade he's the unemployment rate better than it has been yes or no okay then why would you change well i'm i'm taking to have a better economy i'm not willing to accept the gdp a twopercent president obama said it's not going to getting fettering this is what he said i guess you great now it's already better and at the end of your per not at the end of his term i promise you just economy in this country will be better off i don't like the dan i'm gonna make it clear you know what he's a businessman he doesn't need any money he's doing this for this country widely is one of the best business people just quit uh obviously you disagree me probably shot but then trump but obviously trump's listening than some other people isn't it down and i'm not saying he's this crash but i'm asking both of you've got us now if this position really on the matter or arthri it could have gone up yeah yeah i mean you have look p you could be right if you want to use gdp as your measurement in many ways it's a little outdated but that would be a boring disagreement so you you you right you may be right but history indicates that you're wrong the new numbers okay another hang up here there's a patient may what's that again how about the workforce participation in the workforce participation rate is for the most part of ridiculous notion because in a better economy more people can quit more people to retiring earlier your him by while i i'm gonna i'm going to say that the history of tariffs and the measurement of everything from gdtv gdp to employment has historically been bad but you could be right navy this will defy the odds of everybody else doing this when when bush did it when a bumpy thanks for the call back in.

obama trump bush president twopercent
"twopercent" Discussed on WDRC

WDRC

02:10 min | 3 years ago

"twopercent" Discussed on WDRC

"Dramatic it's more than a tripling of the value of your financial assets so let me ask you this pay out this fifty four thousand his at indexed to inflation uh no it or not uh i will not certainly is a negative one at pay out because it's worth less every year a even a twopercent inflation is worthless every year in that situation also you have the risk could if inflation accelerates which would be a very negative outcome for the financial markets then you're going to be looking at a a real problem then because the purchasing value of the money would decline even faster at that point uh what about the uh the viability of the pay out the guaranteed to pay out he satisfied with that i ask yep do you need income are they do need the income that they would offer you um i think i would be happy capercaillie long and the end coming up at screen pointed for sack what provide lehem einseln never change our whole action of invested at a higher market great potential maybe yeah i i have to i have to say that considering that your networth would more than triple considering that the pay out uh is not indexed to inflation uh considering the fact that you're looking at a pretty high guaranteed rate uh probably going to rise as rate increase on at 401 k option if you took that option or you obviously could go into a balanced account in your own selfdirected ira uh i i think that the launch some makes a lot of sense here i have to go with the i if it were me i would be going with the lump sum iraq era i was trying to that and i just give you call and ask your opinion thank you very much thank you jack bush's call very much good luck to you we will the very best on ellen one eight hundred nine three four twenty to twenty one were getting roy on the line in wayne new jersey roy high hi hi bob um.

jack bush roy iraq ellen twopercent 401 k
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:33 min | 3 years ago

"twopercent" Discussed on Bloomberg Radio New York

"In place as well part and parcel of vat store let's bring in derek albany he joins us on tv now joins us here on radio and one of the things we didn't get still just fruitful interest their joints from fuf mu f g he's the european haddock labor market research has just kind of point that has two years if they don't already there one of the things he didn't talk about on telly that was the deputies that of color with kuroda how important debate going to be in shaping the yen and shaking monetary policy out in japan while i'm a assam was kind of mentions largely in the markets so i think about contacts it's uh naas hugely uh surprising but it's wocka tabai psalm uh who is perhaps the one that wasn't types it very much and that's getting more the attention today and he is an aggressive reflation us and in an interview with bloomberg actually in december he kind of highlights some of what he thought should be happening in terms of uh we should be at the beit actually increasing acid purchases jgb purchases from asia trillion per year to ninety trillion per year but the inflation target should be raised from two to three percent and it should be legislated four in the diet and he was actually quite critical of the government stating body had some sympathy with the b o j's an inability to get to its twopercent inflation go on the primary reason was not boj and action but actually fiscal policy that was inconsistent with achieving muko so he's very aggressive very reflation list i'm in that context that it would certainly be reassuring for the markets who were perhaps speculating on you know a more meaningful change in monetary policy on i think certainly as appointment with suggest that that's that's not something that's going to happen over the short term for sure by the way what's your view on inflation i mean are we seeing a global resurgence in inflation after the after the wage increase number that we saw average hourly wage increase number that we saw the jobs number then we saw a cpi report a couple days ago that beat the streets expectation and interestingly enough also weighed on away ages two to quite a large extent but definitely americans are already starting to freak out a little about it yeah i'm not totally convinced yes i do see.

derek albany kuroda japan assam bloomberg beit asia boj three percent twopercent two years
"twopercent" Discussed on BizTalk Radio

BizTalk Radio

01:40 min | 3 years ago

"twopercent" Discussed on BizTalk Radio

"To the twopercent floor issue gone that we also know is gone and that's that's another it's all part of the same area it is so it's all round that i think some and i don't know how many adviser doing this but i think what summer doing is just putting that the fee is with if the ira right yeah and then they can most retirees the majority of the running as an ira to me that's just where this but there's a lot of people that have a good personal portfolio and it used to be the people say well only charge me the ongoing fee on my personal portfolio double it on my personal corporal don't charge me in my era i don't want to dilute my ira in any way shape or form and guess what and i wanted to duct that you know because i can honestly on other wanna go the other way because the kid's deducted here put it on the ira i always prefer taking it out of the ira to begin with because that's money than using to pay for a service that i want and its money i've never pay tax on and it's the money i'm not going to pay tax on so i don't mind having an advisory fee paid for on on the other uh ira because i'm using the ira basically taxfree to pay a bill that i would otherwise have to pay out of pocket and then try to deduct you'll be four which may or may not have been deductible based on the two percent limits in other news deductible because i'm never going to pay tax on that money stays money i never pay tax on remember long long time ago we had a caller i ever it was a caller and they were talking about that they said we even i never pay tax i i i had them whenever it was you know five thousand dollars i wrote out of my checking account that was tax money and i put it into my deductible ira deductibles the keyword yeah so so he said but that was posttax money i put in there okay and then i liquidated the account and i had my 5000 went down to two thousand and then when.

ira five thousand dollars two percent twopercent
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:19 min | 3 years ago

"twopercent" Discussed on Bloomberg Radio New York

"Pull it up very easily team space hashtag ptv space four six seven five green shoots than coming through the question is is this a turning point four for japan and your view i mean i think the story for japan is not that different from us story elsewhere globally what we have seen so far is that there's been a picked up in global growth and japan is a part of the story so grew efron things are picking up looking brighter this is this is this is this is good news for the japanese economy thing what what what what what is different in japan compared to elsewhere globalise that inflation these much in the wind japan and dougie small room for the boj to wait and see one boj member at least based on the minutes that were released says that the boj needs to consider possibly changing rates going forward i mean how do you see the boj navigating the next six to twelve months as it tries to to really have something to show for its policies 'cause you look at inflation you look at growth has hardly a best outcome for them is it well i think inflation grew office gruber speaking out so that's good news for beauty and should build you should be comfortable comforted by this by this fact but inflation is still far away from two percent target thing realistically or if you look at the inflation turn itself the good news is that things are starting to stabilise on the inflation fron the bad news is that is still too is still quite far away from the twopercent inflation target so i think on the boj on the boj are picture i think i continue to see beal lagging the the tightening moves on mobilization moves that we have seen across the develop markets and this is why de guinness salvi will likely be capping the range of our one with seven two our once ecksteen for the most part of our next year having said that i'm still i'm where i read that a stronger yen reese by the lead the next year if inflation confused picked up in japan and that could dog get the market to focus more on.

japan boj gruber efron beal de guinness salvi twelve months two percent twopercent
"twopercent" Discussed on KOMO

KOMO

02:35 min | 3 years ago

"twopercent" Discussed on KOMO

"Votto the gop tax reform package wednesday komos jeff pohjola spoke with congresswoman kathy mcmorris rogers who argues that bill is needed to fix the us economy the us is already the biggest economy in the world by a long shot is it really that big of a concern uh i i believe that we we are back about job that epic going over and what that will arrive moving forward uh america has been this wonderful land of opportunity where you've had taken idea start a business girl business uh we we don't wanna just battle for low economic growth we don't want to settle for twopercent economic growth that that's not that's not the american way and that that a big part of our goal is to get our economy growing at a much higher rate so that we have more opportunities more jobs for people in america but he's of the economy already booming i mean we're seeing record close after record close on the stock market they're still uh very that deal more that american offer uh as far as economic growth uh so it is incurred that blast two quarters that we have seen breed percent economic growth that how we had not but not in eight nine year so there's good being comey uh but i would i would argue we want we want america to have as many jobs as possible the people who have walked uh who have dropped out of the workforce we have tens of millions of people in the country who have just given often finding a job and our goal is to uh get them trained get them educated and provide more opportunities because that they can't get into the workforce and have a better life this bill also includes one point five trillion dollars to the deficit or thereabouts over the next ten years and republicans for the longest time were deficit hawks why not with this bill while there never give wise in the boggling that would use determine these numbers and the uh and that's where i really believe that as we is this bill takes effect and as the economy is growing at a higher rate even going bribe two percent economic growth to three percent economic growth that is you know two two and a half trillion dollars in additional federal revenue so i really i believe that.

Votto kathy mcmorris rogers us america stock market jeff pohjola five trillion dollars trillion dollars eight nine year three percent two quarters two percent twopercent ten years
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:10 min | 4 years ago

"twopercent" Discussed on Bloomberg Radio New York

"The ecb to do so next so people are now asking billboard about japan and government kuroyedov's very keen to leave that conversation aside the twopercent inflation target remains of distance away they are going to keep stimulating to leave that to pursue inflation goal kuroda also offered an upbeat view of japan's economy saying it was expanding moderately with rising incomes leading to higher corporate and higher household spending well as we know the 19th national congress of the communist party of china begins next week the meeting is likely to say president xi jinping further bolster his position as one of the most powerful late as in modern chinese history but what is the main supermarkets heading frisco is head of fixed income for the asiapacific at ubs asset management but we think there's going to be very very high resolve to deliver the economy he wants to do that very early in this new fiveyear plan we can already see this happening with the way he's already transition a lot of the leaders of the head of the cbo say the banking head of the csrc as a change of undergoing right now in terms of the insurance regulator he's putting his key people in place all the cleanup experts briscoe also believes china is experiencing a mini cyclical slowdown in the economy the president of the world bank kim expects the lender to eventually get a significant capital increase and one of the trump administration is reportedly holding out against the move until the world bank overhauls its lending to china kim has been pushing for extra financial resources and it hoped to the shareholders would agree on at least a timetable for the increase for the ft says the trump administration has been resisting those plans well canada and mexico i rejected me i dare the sunset clause for the nafta trade pets paul allen joins us now from civil that story and others making glentoran's coal thanks juliet two people familiar with the nafta talks a us negotiators presented the proposal for a socalled sunset clause on wednesday that would see the trade pact expire after five years unless the potties agreed to extend it canada mexico boats rejected the idea saying it would harm longterm investment the white house declined to comment on the nafta talks but president trump has previously threatened to pull the us out of the.

nafta juliet paul allen mexico briscoe head of fixed income communist party of china trump white house ecb glentoran kim china cbo frisco president kuroda japan five years twopercent fiveyear
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:31 min | 4 years ago

"twopercent" Discussed on Bloomberg Radio New York

"Two percent of something that's very important and moving in place shen expectations up by just talking about it making sure we're willing to go above two percent of that actually happens because we've got a symmetric inflation objected that's my opinion we do have a symmetric inflation object i think we should be willing to push inflation above two percent because we should be spending some time above two percent just like we spent quite a lotta time below two percent can i ask you can i just push a little bit harder on that one is running hot evans style chicago studies it two and a half the sandy is it towards three is at the ability to to let it run let it brief why don't think we should fear two and a half percent inflation if it's we're trying to get inflation up to two percent we get their quicker than we thought and we get to two and a half two and a half is not inconsistent with us the metric twopercent inflation objective we should be spending time above two percent just like we have been spending time below that we should be averaging two percent going forward over some period of time and if we started from a higher than two percent range then we we would be pushing policy to a slightly restrictive point and expecting it to come down over some period of time and eat touchstone obviously some of the other metrics there which is the unemployment rate a natural rate of unemployment high bill how can she go any we've about five minutes left side i think we're going to have that question and in the net in the next forty five seconds but for you the had to four percent to get to sub four percent is there is there a risk if that keeps dropping well i definitely think that if.

unemployment rate evans chicago two percent four percent forty five seconds five minutes Two percent twopercent
"twopercent" Discussed on BizTalk Radio

BizTalk Radio

02:11 min | 4 years ago

"twopercent" Discussed on BizTalk Radio

"Vetter money moza i spoke of value averaging i probably shouldn't now before the break let me just quickly explain how i go about value averaging and i don't recommended by the is i think you'll have a worse result than the clock lassic approach that i have discussed many times take a 20year ride that as an example you've got this myth hypothetical million bucks and you you you can earn say two percent over the rate of inflation which is about a four percent rate of return today the earn two percent over the rate of inflation and he had a million dollars it is divided up you put six hundred fifty thousand dollars in one bucket men three hundred and fifty thousand and the other six hundred and fifty thousand goes into something that's pretty safe right twopercent over inflation if you can get four percent in immunity bond you should be able to get four percent in another bonn so let's just make that assumption so you spend the six hundred and fifty thousand dollars down period monies vaughn in twenty years but the three hundred and fifty thousand of all eu earned was seven percent on it you have a million 350 so you started with a million bucks yet an inflationadjusted income for twenty here's your now eighty five ninety years old and you leave your kids a million 350 didn't leave them rich beyond imagination be left a more than had you put the money into immunity bond or a bonded four percent and you get forty thousand bucks per year by the way i don't know of too many 20year safe bonds that are pan four percent imagine you can find them out there but it's hard to find him but let's say that you can but jury there's no inflation index bonn that's given you a fourpercent 900 by dividend stocks and all that but that's what you do with a three hundred fifty thousand dollars and if you follow that strategy he'll be fine now value averaging is for more of a fainthearted investor that wants to have a methodology for what you do with your portfolio and i always professed in years past that if you.

bonn eu Vetter four percent two percent 20year three hundred fifty thousand d six hundred fifty thousand dol eighty five ninety years fifty thousand dollars million dollars seven percent twenty years fourpercent twopercent
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 4 years ago

"twopercent" Discussed on Bloomberg Radio New York

"When in fact it does get within the barton join us i'd they're out to by rights the chip here's have a look at the fed right now at certainly disorder playing out across the currency markets today when you had janet youngster striking the middle ground defending the fed's rate hike pat despite inflation consistently low it consistently missing the central bank's twopercent inflation isn't it a gradual approach is particularly appropriate in light of subdued inflation and moon neutral real interest rate which imply fifty input if he will have limited scope to cut the federal funds rate should be hit with demand for shock we should also beware moving to gradually meanwhile her cut apart at the ecb mario draghi took a more dovish tone and bank of england governor mark carney's us to speak on thursday very complicated all is divergence or consistent if you want to call it the depending on which one you're looking at as we head into the fourth quarter let's look at how the currency markets are reacting viewing all of this today we are joined out of singapore buyer asia and she ten ethics in weights editor patricia louis acacia very nice to see you your initial thoughts on on where the dollar should be going because i'm looking at my screens and are not really getting that sort of pick up that you would expect following a headline of janet yellen is tilted hawkish well done it definitely wasn't a straightforward night when she spoke gum sh she had done quite a few trade us that she had something for everyone well when she first mentioned about the fat and he's sorry central bankers needing to be careful about racing heights too slowly raising rates to slowly we know where the.

fed central bank mario draghi mark carney singapore buyer asia editor janet yellen ecb bank of england patricia louis acacia twopercent
"twopercent" Discussed on WHO NewsRadio 1040 AM

WHO NewsRadio 1040 AM

01:52 min | 4 years ago

"twopercent" Discussed on WHO NewsRadio 1040 AM

"A great car in the period the structure built the same immediate above twopercent inflation at two percent gdp you're going to you character pain went point creek uh lowering inflation you're going to need of relation up above for a few percent profitably three three and a half percent to get a better judy pay and i was wondering what your thoughtful on that well we already have a nominal gdp of three point six i mean even in second quarter we had a nominal gdp of three point six but that doesn't do anybody any good because inflated dollars don't don't buy you anymore because of inflation you don't you don't get any more if you if if you make one hundred dollars and and you buy a hundred dollars of goods the following year if you make a hundred and to those goods will cost you hundred and two on average so the inflation is self doesn't do any good and i don't really think it increases the real growth rate of the economy because it is subtracted out it is remove from the computation for example in the second quarter the nominal growth rate of three point six is adjusted for inflation in order to get down to something that matters which is real growth and real growth came in a two point six after subtracting out the inflation and that's in the second quarter if you did it for the first half the numbers would be close to whoa closer to three percent minus one equals one point nine percent real growth for the first half on average but i don't i don't think that is going to get the job done because inflation is subtracted out from nominal gdp to get real gdp also one other factor unom appreciate call ray but one other factor on in place should we already have a two percent target on inflation from the federal reserve and eventually they'll probably get there that reduces the value of your money by fifty.

ray two percent one hundred dollars hundred dollars three percent nine percent twopercent unom
"twopercent" Discussed on KSFO-AM

KSFO-AM

02:02 min | 4 years ago

"twopercent" Discussed on KSFO-AM

"To get a twenty percent hit john maybe you can eliminate on when that might come but at the moment you know a growing a twopercent inflation rates one and a half percent profits are rising well how bad is that all right great great low inflation and low interest rates nato's historicallybased go are very long arm art who great catalyst for continuation and rallies now when you say what i know you didn't directly say what going to disrupt us but things were most worried about her course north korea but also could are fed or another central bank but in a position of power over here blocks of money could for instance the ecb could either of those get ahead of themselves and start moving rates up too fast are prepared has made several moves i think they might be done for the year given the low inflation we've got um but if all the sudden they jumped us another quarter and then another quarter percent before the end of the year in other words to more hikes that could be a catalyst i think larry for people to say okay had enough i'm going to get to the hardline and he what happened so whether we get something out of north korea or something out of a pick central bank those were things i worry about me i i get that although it's interesting to leave in their blood at seat the worst shocked i think we've had was the debt limit debate back in 2011 and the market got clobbered acted and may have been down close to twenty percent for a while the dollar was sink dean commodities rethinking goal was thinking because congress would raise the debt limit so look like the us treasury wouldn't be able to fund the us government and my after default now once that past night a believe john is late 2011 i could be wrong but once that passed we then resumed corrections over.

inflation rates interest rates north korea central bank ecb congress us treasury john nato larry twenty percent twopercent
"twopercent" Discussed on BizTalk Radio

BizTalk Radio

02:26 min | 4 years ago

"twopercent" Discussed on BizTalk Radio

"The same or maigo dell it's not necessarily the actual move but it it's the meeting at the notes of the meetings of what the feds project that they will do in the future that may determine what happens with longterm rates if we in fact do get a move from the federal the short term see i think the fed is going a little bit beyond their mandate as i said before and again i i'm not uh certainly an expert in fed policy or macro economic policy but here's my take on an idea appreciative of yours i believe that the federal reserve is raising interest rates to get some tools in their toolkit to stave off a potential recession ahead and in so doing what they're what they perhaps could do is actually get the yield curve serve to either in vert because longterm rates if he if you're if you're mandate is inflation manage inflation at a twopercent rate which we are not even close to hitting at this point at least according to what i'm saying i and full employment we've got the latter the employment maybe unemployment rates down and four percent four point three percent so it's not the employment mandate it's the inflation mandate we don't have inflation so why are they raising rates because there are some anticipation for inflation or is it they need some ammunition in their toolkit because when the next recession hits member the last go round back in two thousand alaska around but in in two thousand to two thousand into the nasdaq dropped eighty percent they don't want that the economy doesn't want that i'm not blaming them i'm just saying it appears to me that they've made this commitment to raise rates and dang it they're gonna do it and they're going to potentially do it if it doesn't hit specifically all their goals because their goals words that they wanted to see that inflation come up to about their two percent level which had how's it yeah we've seen the unemployment report go down but if you look deep into the numbers are those employment or unemployment figures what we're really looking for our people getting goods strong longterm high paying jobs or as the reason that the unemployment rate going down is that they're less people that are in the.

dell fed interest rates unemployment rates nasdaq eighty percent three percent four percent two percent twopercent
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:08 min | 4 years ago

"twopercent" Discussed on Bloomberg Radio New York

"The surprise for us relative to our expectations guy in was that the return to target consistent inflation has been pushed back this is the first time the boj is push back udsp rejection will region twopercent inflation knowledge bikes that goal to be achieved in april of 2019 and europe today monetary policy is also in focus for the european central bank announcing its latest policy decision they get a preview from bloomberg's paul gordon in frankfurt bc bs latest meeting is unlikely to deliver any change in policy but there is a challenge the language will change economists the split on whether the easing bias on bond purchases a pledge to increase the size and duration of bumpy buying will be groped by the way though the betting is that the ecb will talk on thursday but then take the some a break to review its options before turning for more definite decision on the future curie at its next policy meeting in september poor gordon daybreak frankfurt baseball and we'll bring you live coverage of the decision at forty five am wall street time followed by ecb president mario draghi said news conference at 830 france's is weighing in on brexit insisting uk of bill as high as one hundred fifteen billion dollars exits the european union joining us live with story from all inland london bureau is bloomberg daybreak europe anchor edwards good morning gave morning karen say france says it wants its money back channelling the late uk prime minister margaret thatcher who once famously used the same phrase against the eu he underlined one of the early hurdles to a brexit deal as the second round of talks near to a close in brussels the french finance minute step brunell math used to hearing in the french parliament's to take a hard line on the uk's exit bell the uk acknowledged last week for the first time in in writing that that will be a bill to settle bossy politically toxic backhoe home so the exact number will be fruit over the eu's chief negotiator michel barnier and perhaps said you guys breaks secretary david davis will brief reporters later this morning brussels time anna edwards bloomberg daybreak london asia inc news out of europe.

brussels london asia inc secretary brunell prime minister london president frankfurt europe anna edwards david davis michel barnier french parliament boj margaret thatcher karen european union uk brexit france mario draghi baseball ecb paul gordon bloomberg central bank one hundred fifteen billion do twopercent
"twopercent" Discussed on BizTalk Radio

BizTalk Radio

02:16 min | 4 years ago

"twopercent" Discussed on BizTalk Radio

"The last month or two if they've predicted and built in the current yield that the feds are going to make a move one day when they meet again then rates either may stay the same or maigo dealt it's not necessarily the actual move but it's the meeting at the notes of the meetings of what the feds project that they will do in the future that may determine what happens with longterm rates if we in fact do get a move from the federal the shortterm see i think the fed is going a little bit beyond their mandate as i said before and again i i'm not uh certainly an expert in fed policy or macro economic policy but here's my take on idea appreciative of yours i believe that the federal reserve is raising interest rates to get some tools in their toolkit to stave off a potential recession ahead and in so doing what they're with a perhaps could do is actually get the yield curve to either in vert because longterm rates if he if you're if you're mandate his inflation manage inflation at a twopercent rate which we are not even close to hitting at this point at least according to what i'm saying i and full employment we've got the latter the employment maybe unemployment rates down in four percent of four point three per sent so it's not the employment mandate it's the inflation mandate we don't have inflation so why are they raising rates because there are some anticipation for inflation or is it they need some ammunition in their toolkit because when the next recession hits member the last go around back in two thousand alaska around but in in two thousand to two thousand and two the nasdaq dropped eighty percent they don't want that the economy doesn't want that i'm not blaming them i'm just saying it appears to me that they've made this commitment to raise rates and dang it they're gonna do it and they're going to potentially do it if it doesn't hit specifically all their goals because their goals words that they wanted to see that inflation come up to about their two percebt level which it how's it yeah we've seen the.

fed interest rates unemployment rates nasdaq eighty percent four percent twopercent one day
"twopercent" Discussed on WTMA

WTMA

01:42 min | 4 years ago

"twopercent" Discussed on WTMA

"Program which also included substantial tax cuts when they knocked that the payroll tax out for a couple of years putting a lot more lendl allows additional spends a bull cash into pockets so even then we run able to materially generate anything much more than in the two or two and a small fraction an annual growth now of course that's gone away we're getting a except for the deficit that goes on and on we're not really getting any incremental of fiscal we'll help of any kind and i don't know if the votes of their right now nobody seems to think the votes of their right now with unemployment at four point three to get some kind of a massive fiscal program going so if we are stuck at two percent give or take a small fraction indefinitely as it's hard to see anything changing other than the fed dumping additional treasuries onto the market and gradually ratcheting up the federal funds rate and that raises this question mohamed is that going to work because if you're in an economy that is growing a twopercent forever until something changes can you afford to triple the federal funds rate from one three can you afford to slow potentially trillions on the bond market without affecting the economy what do you think great questions bob in and this to really wanted if we grow at two percent can we afford um a much higher interest restructuring the office in no that would hurt a lot of americans but there's a more fundamental question if i may bob is can we continue to grow traffic to perfect and my office no we caught part of the problem.

bob mohamed two percent twopercent
"twopercent" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:42 min | 4 years ago

"twopercent" Discussed on Bloomberg Radio New York

"Of equilibrium real rates well if you if you take the united states an isolation real interest rates should be a more or less in line with real gdp growth at this stage in the cycle so i think the fed is trying to get a real interest rates have back toward a twopercent color neutral rate in response to what they see as an unemployment rate that it's now below the equilibrium rape i think what you're referring to maybe as the complication of of the international factor would you you have very low interest rates throughout the developed world you have a you have a growth crisis going on in major economies outside of the united states and so all of that is causing this natural bid for treasuries because the look so high in the international context but if you take the us in isolation which is how the fed generally thinks about monetary policy a real rates thing to be much higher i wanna bring the conversation to em data i'm not quite sure it will have enough time in this segment but we are seeing highyield beating investmentgrade how bullish of us sign is that well remember emergingmarket banzer hybrid acid class it's only about half investment grade and half highyield so anytime we look at the valuations verses ig credit or how your credit we have to keep that in mind the the the cyclical recovery and emerging market bonds over the last eighteen months as you reflected the outperformance of high generally relative to investment grade he i in part of the reason for that i guess has been a firmer oil price but now that so little bit in question as were down at forty seven dollars and seventy three cents on a barrel we'll continue our discussion in a moment with bryan carter from being part of i asset management that christner will update markets for.

united states interest rates fed unemployment rate rape oil price bryan carter forty seven dollars eighteen months twopercent