yes, certainly economists _ out through? yes, certainly economists are _ out through?es, certainly economists are reducing i out through? yes, certainly i economists are reducing down their forecasts for uk full year growth this year, it was never going to be particularly great any way around i%, so we are seeing those estimates coming down to 0.8, 0.9%, after the great first quarter we had it looks as we have had the consecutive months and 0.25% terses of growth not hitting expectations, i think one of the key concerns is the fact the key concerns is the fact the service sector of the economy, which has been the one that has held up services or 80% of uk gdp are showing signs of weakness with five out of 14 of weakness with five out of 14 of the sub sectors contracking. i think it was just 0.1% posted, by the stats office. what does the uk need then? what does the uk need then? what is the feeling, what is missing, what is lacking at the moment? we have heard that brexit has held the economy back, that is not the answer though, we have heard about the potential for pe

larry: john, economists are totally out to lunch. you know, here is another point, they don't like crypto currencies. a dower lot. an economist, he argued for competing currencies, to keep the federal reserve and other central banks honest. the krim crypto revolution could be a competing currency that would be a good thing. >> it would, you want to have competing currencies you don't want your central bank to be too compl complacent. which they did, that is why we had that inflation explore, you had a market check on access of central banking, a competing and crypto currently could provide you would be petter off, the economists have been out to learn, i think will be humiliated, they already have been, they keep saying there will be massive anonymouses in, yesterday, walmart had earnings call, walmart said they will raise prices, that is wrong, they did not say that walmart did not become walmart by buying a price taker. they are going to go -- if a tariff is affecting them they go to manufacturers, and say get yourself out of china

the economy may put pressure on the central bank to ease interest rates but economists say with foodatile, cuts could be pushed to next year. in fact, most economists have lowered their growth forecast for the country for this fiscal year, except for the central bank — that estimates india to grow above 7.2% in this fiscal, mainly being bullish in an rebound in the consumption story in the festive season gone by. botswana, the world's second—biggest diamond producer, is set to become an export certification hub for rough diamonds. a government spokesperson said the change would reposition botswana as a responsible global leader in diamond production. african producers have been complaining about belgium becoming the sole verification centre after g7 nations banned exports of russian—mined diamonds back in january. that move has caused disruptions to the global diamond supply chain. before we go — the popular south korean girl group newjeans have announced their decision to leave their label after accusing it of mistreatment and bullying. the band announced their departure from ador,

larry: so why don't economists wise up?uld the models be wrong, right in garbage in, garbage out, it's my new version -- louisiana march right. >> but the problem is, and i think you brought it up, you're seeing it with real people on the ground. we had the business special yesterday, and we interviewed restaurant owners. the day after the election sales doubled. larry: really? >> the policy has not changed. the policy will not change until january 20 the, but that especially of relief. we talk about -- sense of relief. we talk about consumer confidence all the time, it was so high during donald trump. the big gains right now are coming from future expectations, not present condition. that is the hope on the horizon that we hope donald trump can wring. -- can bring. larry: john, economists are just totally out to lunch. you know what? here's another point. economists don't like cryptocurrencies. >> right. larry: they're a very dour lot when it comes to that. friedrich hayek wrote, the great austrian economist who taught at

economists will tell you that there — war? economists will tell you that there is _ war?ll tell you that there is a _ war? economists will tell you that there is a risk _ war? economists will tell you that there is a risk in - war? economists will tell you that there is a risk in these . that there is a risk in these sorts of situations with a tit—for—tat approach where both sides of the site that they are going to impose tariffs on the other and what that ends up doing is seizing up global trade making it difficult for american companies to export to china at for chinese companies to export to the united states. potentially it makes chinese goods far more expensive for american consumers and that that potentially fuels inflation in the united states. but donald trump made a big play of the idea of imposing tariffs on chinese goods on the campaign trail because he promoted it as a way of protecting american industry and manufacturing by making chinese goods more expensive and making it more attractive to buy domestically. president biden has not _ to buy domestically. pre

so i talk about this and then i point to another economist named martin weitzman, who was a harvard economist and nordhaus is colleague. and what weitzman pointed out was that not did nordhaus kind of admit these damages that science has pointed to as pretty much i don't want to say inevitable but extremely likely like over 90% likely if we keep using fossil fuels. not only did nordhaus emit those damages, weitzman pointed out, he also left out of his model. any potential for catastrophes that we can't already predict, including weitzman pointed out the. non like trivial chance that if we don't phase out fossil fuels and halt global heating, climate change could lead to human extinction, which weitzman pointed out is actually an infinite cost. and so once you introduce the potential for this infinite cost, then sort of start acting with, you know, incremental policies, allowing the climate to heat up and, then dealing with climate change later becomes nonsensical. what you want do is use a precautionary principle, do a lot climate policy upfront, and then as the risk of total goes down, then

what economists think great most people saying i can't get a job if i get a job depressed wages.e trading higher this morning, dow industrials at highs of the morning right now up 143 eye headed of october jobs' report nasdaq up 93, backing up strong amazon you are watching "mornings with maria" live on "fox business." ♪ ♪ . ♪ . smartsheet helps propel mclaren formula 1 cars to the starting line. thousands of individual parts. moving from idea to reality. in every single race, we pursue our peak potential. our people fuel that pursuit. our technical and operations teams collaborate in smartsheet to get the car to the track. we don't focus on results. we focus on what leads to results. with smartsheet supporting our operations, the results will come. it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've

even trump's economists? i don't know, let's see. >> every economist that i've read, "wall street journal" wrote this too, says that donald trump does far more damage. >> we all know economists were saying during the campaign that a his tariffs would increase $4,000 on the working class. >> many economists believe tariffs could reignite inflation. >> virtually all economists view the core elements of trump's agenda as inflationary, as likely to accelerate inflation. jackie: they could -- tariffs could bring prices up. but as you see these leaders falling in line, you realize he's probably not even going to need to impose them. >> and that's the point. the point is that you use it as leverage to get other countries to use our power as an economy, the to get other countries to do what's right for them, frankly, and for us. jackie: yeah. >> and he's already been shown to be successful with that in his first term. but as an example, tariffsen china, steve madden, the shoemaker, has said not necessarily coming bac

the college chief economist at trace is a private bank imagery. thank you very much for your time, daniel. appreciate it. thank you. this is a reminder of our top story, nearly $200.00 nations of approved a $300000000000.00 a year climate to let the comp $29.00 told it comes off to 2 weeks of pro negotiations that drag 12 into like the time for and d w dot com. i'm jarrett great, thanks for watching the thursday. now. understand can have a site like the right to present do you have any news on the no follow up why don't having does get drunk. that causes gravitational waves, just squeeze all bodies. how much was it do we.

and that was daniel the call chief economist at trista as a private bank in mentoring. thank you very much for your time, daniel. appreciate it. thank you. are you watching the w and use use to remind you of our top story now? nearly $200.00 nations have approved a $300000000000.00 a year. climate deal with a comp 29 talks and as the by john, the deal comes 2 weeks after 2 weeks of growth negotiations that drive well into by the time you're up to date here on d, w coming off sports life looks at the challenges faced by a talented box it from costa by whose sovereignty is not recognized by many of the countries which is impacting her career is more on d, w dot com and on our website. and that's our website. and on social media to as dw, i'm charged rates in building the, enjoying the views, and come to take a look at this. i'll tell you the highlights every week email inbox, subscribe. now. think the forward is twice. think ahead for with outside the box on your but always remember to think for yourself.

that was slightly higher than economists had predicted.ded to overall price growth. the bank of england's target for inflation is 2 percent. simon french is the chief economist at panmure liberum, we asked him if this isjust a blip or a new trend that could prove to be a headache for the bank of england. it's possibly neither. it's probablyjust it's possibly neither. it's probably just the first real assessment of where underlying uk inflation is. what we've had over the last two and a half years is a very elevated level because of energy prices going up because of energy prices going up very steeply because of the impact of the ukrainian war. and then coming down strongly, at least in price year over year changes. this is the first time thought that number has levelled out, and you get a feel of what known uk components are doing. when you see the underlying uk inflation is above 2%, and that is why the bank of england sounds quite cautious about further interest rate cuts. the market sees about three interest rate cuts a year. that is po

but all economists agree — countries. but all economists agree there a limit to that. to that. both candidates right now are not any— both candidates right now are not any fiscal consolidation. what — not any fiscal consolidation. what they are promising is higher— what they are promising is higher deficit and higher debt, but once — higher deficit and higher debt, but once they get into the office _ but once they get into the office they will realise that there _ office they will realise that there is _ office they will realise that there is a limit and importantly congress comes into this _ importantly congress comes into this. whatever happens in congress will have a big say as to whether we get fiscal consolidation or not. the finer details of _ consolidation or not. the finer details of the _ consolidation or not. the finer details of the tax _ consolidation or not. the finer details of the tax proposals, l details of the tax proposals, the leupolz or tax breaks that companies care about that wall dragged back the rate they pay, they probably won't be known until

constance hunter, chief economist at economist intelligence unit, explained how the outcome of the voteld impact relations with china. a trump victory, combined with enough congressional votes, would give him more power to change the way that the us deals with asia. namely, tariffs on china, but tariffs also across the world. a harris victory would be much more a continuation of what we have seen, with greater engagement with asia. a number of american businesses operate in china. or are looking to invest in china. will the outcome of the election be playing on their minds as well? i would imagine, but i also think a lot of that has to do with the way china treats foreign investors. i think that's certainly a much biggerfactor. and let's not forget these polls are extremely close. and there are a lot of data points which suggest they're not polling necessarily all of the voters that are going to matter. so female turnout is much more important in this election because healthcare rights are on the ballot for women. and what you're seeing is a real surge in voting of women. more than past

joining me is the editor in chief of "the economist," zanny minton beddoes.anny, what do you think, it says the world's reaction, it's a big thing. what strikes you most about how people outside america are reacting to this election? >> i think it really depends on what country you're talking about and what leader you're talking about. if you are, you know, amongst the world's autocrats, you probably welcome this. i think many people around the world were expecting it. there are two places i think are in dread. one is mexico. i think mexico is in real trouble right now. both because donald trump's deportation determination is going to really hit mexico, and secondly because mexico is going to be hit very hard by any protectionism that comes in. mexico is one. the other, i hate to say, is europe. because i think europe is really, really in trouble. firstly, again, the eu has a huge trade surplus with the united states. donald trump is not going to like it. and it depends on the u.s. still for its security. and i think the europeans -- when donald trump came in

live now to betty wang, lead china economist, 0xford economics.ll be _ announced this week? i do think there will be some _ announced this week? i do think there will be some details - there will be some details regarding the upcoming fiscal stimulus that will be announced, although we might have a full package of details later, and another window to look at is next month, when china's national people's congress meets to update its 2025 budget. so we might have some clues in terms of what the central government will do. we do think this is the time for chinese central government to step up and support growth. so we expect about up to y3 trillion of federal government spending. that will help to stimulate investment. could also be some money allocated to refinance large state—owned commercial banks. ii refinance large state-owned commercial banks.— commercial banks. if that is what is announced, - commercial banks. if that is what is announced, how - commercial banks. if that is| what is announced, how will that boost the chinese economy and bring

economist and -- economists and is wall street happy with the number, but we know the cumulative impact household only compounds. in fact, only the u.k. has endured more pain than americans when it comes to the inflation front. anden main street that pain over the last four years, well, look at these numbers, folks. food am concern at home all the way down auto insurance, these are the things you cannot opt out of. but i think that was a major, major factor for the election outcome. now, my next guest has said high prices for essentials is what matters to women and there isn't any the relief in sight. rbc new chief economist frances donald. you and i have had this cushion on number of occasions -- this discussion, and so many other economists have completely ignored the data. they kind of live in these spread sheets is and not in the real world, and now no one can ignore it, i don't think, after the outcome of the election. what do you see happening from here? >> i like a spread sheet the as much as the next economists khairallah e charles, but the fed's looking at year year-over-year i

but one of the economists i spoke to this morning, actually claimants fools. he's the head of a very influential research institute here in germany. he said, he thinks that's just a qualified basically he says, what you really need to do is make favor of conditions for private investment, more favorable. that means cutting red tape and basically lowering taxes as well. but, you know, you've got some of the other problems. i mentions like demographics, what you do to solve this problem, either you increase emigration or you increase the retirement age. and both of these things a highly unpopular at the moment that we've got elections coming up in february. and it's unlikely that any political party is going to be willing to take these issues on that lock of certainty. that lack of leadership is a huge part of the problem right now. take photos and from dw business k. thank you so much for that analysis. now usually at this time of year sam's, his biggest concern is getting everything ready for christmas. but else to finland hall to summer on record climate chan

. >>> i will get the view from overseas with the economists editor in chief. >> this is a magnificent victory for the american people that will allow us to make america great again. >> first, here is my take. at first glance, it would seem easy to explain last tuesday's election as part of a 2024 global wave against incumbents is that by post-covid turmoil and inflation, and the uk saw huge tory parliamentary majority turn into his thinnest minority in the particle is nearly 200 year history. germany's governing coalition has collapsed amid soaring in popularity. emmanuel macron's party was crushed in france's elections for south korea's opposition party dominated in a huge parliament, even in japan, where the ruling party has governed almost uninterrupted since 1955 i'm at the party lost its house of representatives majority. so, it might have been preordained that kamala harris representing the incumbent administration lost decisively as well. but harris could have a bucks the trend. the american economy is doing better than all these other nations. employment is strong. wages are u

this fall that the economy right now is "among the best performing economies in my 35 years as an economist" explain that. guest: you can see by my hairline i have been at this for a long time. i am hard-pressed to come up with a time when the economy has been performing better. look at the statistics. we are creating a lot of jobs across a lot of different industries and we have been doing that since the pandemic. unemployment is low just under 4% and it is low across every demographic group from age, ethnicity, educational, you pick it. and coast-to-coast everywhere in the country. inflation, and the rate of growth for prices it does for prices of goods and services but that has moderated. the stock market is at a record high and it seems like it is hitting one almost every day. if you are one of the two thirds of americans who own your own home you are enjoying record high housing values. the economy is a big elephant and i am talking about the entirety of the elephant. depending on which part of the elephant you touch you get a different picture and i do think that higher income househo

because it won't be economist as being able to find out. as the official figures are much, much greater than the ones that are published as a conners, i think that is why they're publishing them to try to undermine the real numbers other i was there because as he told me, craig, just see those everything graveyards that's. that's just a, that's much, much more than 800000 or 200000 great soldiers that were from my information. and speaking to anita. ready officials, they understand they know what the number does that be great, it's over 1000000, disagreeing soldiers at this moment. and this is just the numbers counting plus the injured. so altogether, it's a big one and the number is much, much greater than it's being published in the western media. and they're trying to undermine that. that information was what, what their publishing so. so this is the, this is the tragedy of this war. is that the west is trying to whereas and, and tell us that the wars of the co pays at the numbers are not so great even though they are great. some very sa

so what happened was it, the economy stupid, a solid economist. so we're all kind of inclined to talk about what we know about. i do think that the democrats missed the upset from lower income earners where are rising portion of, of america. and i think that was something that they paid for. i think the inflation argument was pretty successfully hung around their necks. although i don't think that the problem for most american households as inflation. i think more of the problem for a lot of american households is that their wages haven't kept up with inflation for 50 years. and while the democratic party is certainly a part of that story, it's hard to blame at all on on joe biden. but i do think that a really poorly message, their successes may left the story of the democratic party, largely up to a professional machine, an individual and, and president trump who have been running for president and mastering these narratives for 10 years. i'm playing catch up on a 100 days when you've mismatched the rhetoric and the explanation for, for 10 years.

because there's a lot of economists say that that would be detrimental. you have millions of immigrants who work on farms on construction sites in meet packing plants, for example. what kind of effect would that kind of an action have on the american economy? now what, what would be, it would be very devastating to the american american economy, and i don't think that's the solution that needs to be done. but the but the concern about immigration, the border itself since the day of biden's inauguration, the levels were at on manageable levels, which is $2500.00 illegal crossings a day by the, by the administration's own definition. since the dave is an operation except in the last couple of months. and so i think what it reflects is that americans are concerned about what we've been seeing at the border, which has been a humanitarian and a security issue that seems wildly uncontrolled by this administration. and so the rhetoric is high again. it's sort of like the tears. it's not something that i support in his policies. i'd like to see a common sense ref

lot of them were often guaranteeing dance scholars in or died. diplomats have raised questions . economists have raised questions about whether this is the right cost to date, going along with china ongoing being to get into getting off as much on the supply chains. asking for chinese investment to come. is this really going to have to india and the longer considering the jo started a conglomerate and did you put a good environment in which india operate? it's, it would insect end up streams, a china increasing china as boss along china to deal with its overall capacity problem in the excel. and this is investment that it has. and the people have said that i'll argue, has been china. why will that have been doing this case, how india balances it's growing depends on chinese imports and its need for chinese investment with its own desire to build up its manufacturing best will be closely watched, not least by another major global economy with a similarly challenging balancing act present. i like india, brazil as a member of the bricks group with china, with a population of more than 20000000

i think he's an economist. who knows that high tariffs have a major inflationary impact on the us. because that was standing. what? the trump some other trump professions to said they are essentially attacks on, in boards, paid either by the important companies or ultimately by american consumers. and if there is substantial retaliation as often happens, it could hurt a lot of different sectors. round that note i was just going to ask of any issues, a crucial issues on which he differs with trump as well. the only one like that seems obvious to be is he really seems to think that the ongoing and growing us physical davis deficits are not a good idea and he differs. i think, not only for mr. trump a, mr. biden, but most members of the, of the congress and the senate, whether he has views on this will have a big impact on the administration, i think is still an open question, but he has what seems to me to be a healthy concern about growing us. the school deficit, right? what should before an invest is and trading partners like the e u and germany expect from best and well, he seems

every economist you talk to, all these nobel economists but they say things and people believe thingsso what does it actually take when you knock on the door and you have a conversation with someone who tells you they want to vote for your opponent because of the economy, what do you actually say that? >> just to be clear, i'm sure those nobel economists are great but there are plenty of people right now who don't have enough money in the pocket, who feel like they're making choices between groceries and pharmaceuticals and sending the kid to summer camp and that is a real thing on this idea that somehow people are just wrong about their own family finances , i take issue with and i can show you the math on lots of people. it does not help anyone to pretend that is not going on but i think the conversation the sort of where -- there are things we can do to keep more money in your pocket. number one again, those good jobs of dignity. number two, attack the costs that are draining your finances -- healthcare, prescription drugs, housing, childcare, those kind of things that are eating u

a lot of them were often getting dance scholars in or died. diplomats have raised questions. economists have raised questions about whether this is the right cost to date, going along with china ongoing being to can, to getting all sense of the chinese supply chains. asking for chinese investment to come. is this really going to have thing in the long run? considering the jo started to conglomerate and did you put a good environment in which india operate? it's important set to end up strength, a china increasing china as boss along china to deal with its overall capacity problem and the initial investment that it has. and the people are said, are you, are you helping china? why you wouldn't have india in this case, how india balances. it's growing dependent on chinese imports. and it's need for chinese investment with its own desire to build up its manufacturing base will be closely watched. not least by another major global economy with a similarly challenging balancing act present. i like india, brazil as a member of the bricks group with china, with a population of more than 2000000

an economist at my status investment managers and one by one is that of phonics, or the other is sold up. so one up on the other is pharmacy to those. then it's electric, the electric vehicles, and also in the sectors, particularly on southern manufacturing goods taken trust. dr. products is heavily dependent on china, not only for the final products, but also for the intermediate products. the chinese, upon me is the one who voted the prices are oh, the nice google it has been a little bit and it will undergo actually, uh, so that i, that was oh and even is able to see what all these reviews and that is. and if it's something that can either be their get, they have excess capacity, and the lender can do it. so they've been de, the data in countries making the obvious not one of the countries that the only way for indian companies making the same intermediate goods. for example, steel cheap imports from china have been disastrous, but companies which need them for their own production. welcome, the imports, the need to price that these, the prices are fairly low and the profits are mu

an economist at marseilles, investment managers, and one by one. is it a phonics or the other is sold out? so one up on the other is pharmacy to those, then it's electrically electric vehicles and also in the sectors, particularly on southern manufacturing goods, ty contrasts dr. products, and you guys heavily dependent on china, not only for the final products, but also for the intermediate products. the chinese, upon me is the one move out date. the prices are oh, the nice to a store cuz they have the videos and it will under them actually. uh so that i was, oh and even if it were, see what all these reviews and that is. and if it's something that can either be their get, they haven't says capacity and the can do it. so they've been de the benita in, in countries like india is now one of the countries that to the lately, for indian companies making the same intermediate goods. for example, steel, cheap imports from china have been disastrous, but companies which need them for their own production. welcome the imports the activity to price at thes

today we're talking with the economist jeffrey sachs, professor at columbia university, former advisor for the united nations and author of several books, including a new foreign policy beyond american exceptionalism. a jeff, thank you so much for joining us. look, you've been out there famously saying that neither of the 2 candidates who just ran for president united states met your minimum threshold. but we've seen something very unusual, which is a massive, massive land slide, even popular. but anyway, you count for a former president, united states, donald trump would love to get your take. well, he won a big victory and i hope that he will do what he says he will do, which is and to warn ukraine. i hope he will stop the wars that have been going on. i also in the middle east, obviously, and the tensions with china. it remains to be seen. i a let. let's see what happens this. this was obviously very big victory. do you think there's something that's really happened inside the american body politics about forever, wars that it was involved in shame about guys is real concerned about

on seeing lecture inside of the asian studies at yale university and non decent rush concept, an economist at marcellus investment managers, and one by one, is it a tronics or the other is sort of set up on the other is pharmacy to those tenants? electricity, electric vehicles, and also in the sectors particularly on southern manufacturing goods tie can fast dr. products. and you guys heavily dependent on china, not only for the final product, but also for an intermediate product. the chinese, upon me is the one move out date. the prices are, oh, i still struggle with cuz it'll be nice and it will end up going back to the uh so that i, that was oh and even is able to see what all these reviews and that is something that can either be to get they have excess capacity and to look into it. so they've been doing the data in, in countries, and it can be off. it's not going to confuse that to the only way for indian companies making the same intermediate goods. for example, of steel cheap imports from china. i've been disastrous, but companies which need them for their own production. welcome, t

we're joined by the founder and chief economist at american compass. welcome to washington journal. host: where would you say that your group sits in terms of ideology in politics as well as economics? guest: we're on the right of center. we're clearly island as a very conservative group but at the same time we spend most of our time on arguments within the right of center. working on a lot of fights going on amongst conservatives about how to move forward. obviously the republican party today is not the same one of john mccain and paul ryan. we work a lot with now vice president j.d. vance. future secretary of state marco rubio. >> frump kind of gets a second charges at doing a first term. typically when a new president is coming in, they've just spent all this time campaigning, making promises to supporters. and all of a sudden now all those donors, they're trying to get your support. i think it's a place where we typically see a lot of administrations really struggle. the voters look around and say wait a minute, this isn't what we were expecting at all and typically in the next

so the, a recent survey of economist by the eco institute for economic research found that only about half of the economists want to reform the debt break. germany has also only just gotten inflation under control. would it be a little bit irresponsible to potentially go into more debt at this time? yeah, so indeed, with this new proposal, we actually not say a borrow more. we don't want to increase the fiscal space in. the emphasis is quite the contrary. we want to is what we're saying. this is what of a, you know, fisco financial capacity. you have think about how you're spending the money and we do things as a lied reform of the dead. frank would be useful if we want to make it economically smarter, but indeed the costs are also things. that's something along those lines. some graphs, rails along those lines have actually been useful. europe's economic challenges are long right now from cutting carbon to funding industrial subsidies to supporting pensions for an aging population. but none of this which is easily affordable. on top of that, we've seen the low re election of mr. trum

election there was an article that appeared in the new york times website by paul krugman, famed economist but there has never been more wrong a prediction, he said, i am quoting from them if the question is when markets will recover from the election in 2016 of donald trump, first pass answer is never. never before has there been a prediction as wrong are year later, the markets have been soaring get for that year. as we look at a soaring market do you think the same will happen now for the foreseeable future because of his win? >> i don't think there's any question. i'm very confident. it's very early but morning check of the airports, for those people who said of donald trump were reelected and leaving the country, not a single person has been found boarding a flight overseas. we will put the rhetoric aside. this president-elect knows he doesn't have to ever run a campaign again. he wants to bring the country back together. i am hopeful. i grew up as a jfk democrat. i say as you get older you get smarter. in my case it wasn't true. david: we have to remember jfk was one of the biggest t

a chief economist at goldman sachs laid out what you expect from the npc this week. this week's npc _ from the npc this week. this week's npc will _ from the npc this week. this week's npc will last - from the npc this week. wm 3 week's npc will last from today until friday. what we are really looking for is after the conclusion of the npc standing committee meeting on friday, what exactly is the fiscal resource they are approving for stimulus. but in the economy. it's possible that there will be a press conference following the conclusion of the npc meeting. that would be a venue for them to provide more details. for investors and markets, people want to know how much and what are you going to spend it on. how much and what are you going to spend it om— to spend it on. details are what you _ to spend it on. details are what you are _ to spend it on. details are what you are looking - to spend it on. details are what you are looking out i to spend it on. details are i what you are looking out for, do you think we will get a clear indication with regards to housing or