stanford economist susan athey says many tech comnies employ economists to run the numbers.ou have a bit of this image of silicon vallet somebody's sitting there thinking of a brilliant idea alone in a room, and then putting it into practice. but actually, the real innovation that happens, especially for the large tech firms, is just lots and lots and lots of incremental innovation. randomized controlled tests, tousands of them a year, to improve algorithms, to try to improve systems to make them better. >> reporter: "better," which hetimately means more profitable, whconsumers are on board or not. jonathan hall and i took an er with hayley mcgonigle, who says the algorithms keep her busy... haily busy. >> i think a lot of the improvements lately have b keep drivers constantly busy. anytime you don't have a rider, that's of course lost wages, ght there. >> reporter: mcgonigle was provided by uber. she works morning rush hours, says she makes $35 an hour. but for some san francisco drivers, the economist's dre can be the worker's nightmare. >> they've been decreasing how much

economist. the failure of two potential suggesting there is strong bipartisan support for continued independence of the fed and fed policy. the fact that affect that -- that the senator said this is not right gives you indication there is a place where you can inject politics. the wall street journal editorial put this very well. i was defeated and had to step down. it had nothing to do with my economic ideas or this issue of independence. that was a good subject of debate. it was about things that were written 20 or 25 years ago. i tell this story in my piece in the wall street journal. the media went to the fairfax county court and unsealed my divorce and splattered all of those over the newspapers. i think any fair-minded person would say, what does someone's divorce have to do with whether or not that person -- it was a personal character assault against me. it was not about my economic ideas. my one regret about the procedure is that i wish i could've gotten to that hearing to make my case.

that is the chief economist at bny mellon.'s get your first word news. >> theresa may is facing pressure to abandon her brexit deal and resign. senior officials see little chance of her divorce deal being passed in parliament, even after her promise to give mp's a chance to call a second referendum on brexit. the potential next prime minister of the united kingdom has been denounced as incompetent and a liar by former conservative party chairman chris patton, who says he would be a disaster for the tory party. candid language to describe johnson's qualifications and his track record as foreign minister. has lied his way through life, through politics. he is a huckster with a degree of charm to which i am immune. i think it would be a very bad choice indeed, but i suspect it wave -- it may well happen. >> president trump is considering a blacklisting chinese surveillance giants. faced accusations they are part of the government's persecution of a muslim ethnic group in the country. restrictions will be similar to those imposed

joseph stiglitz nobel prize economist but in terms of brad sherman it's all about control and we want to control all nations in the world he mentions we want to exert control over the iranian people tens of millions of people that live there we should have say what they do with their condom me and i admire the way los angeles is the porn capital of the world and it's a huge important industry to los angeles is way more important than hollywood hollywood is that bright shiny side of what is actually the porn industry there and they rely on big clients so he's like he's talking against his own constituents now we're going to turn to this headline from c. and b. c. joseph stiglitz we should shut down the crypto currency just as stiglitz a nobel prize winning economist says cryptocurrency should be shut down he worries that they enable illicit activity by making money transactions less transparent which of course is i can argue you meant from 2010 or 11 he's like stuck in the past you know it's amazing joe stiglitz is misinformed about this there is absolutely no argument being made and c

joseph stiglitz we should shut down the crypto currency just as stiglitz a nobel prize winning economist says cryptocurrency should be shut down he worries that they have naval illicit activity by making money transactions less transparent which of course is i can argue you meant from 2010 or 11 he's like stuck in the past you know it's amazing joe stiglitz is misinformed about this there is absolutely no argument being made and certainly his arguments are the least interesting and least you know noteworthy arguments to be made obviously when you compare illicit activity nothing compares to the u.s. dollar nothing compares to money nothing compares the u.s. and foreign banks or just b.c. and others we've talked about on the show many times they are the ground 0 for illicit activity if you actually add it all up the amount of illicit activity that flows through big going to something like i want to have percent globally which is a pretty good track record in light of the continued abuse of the economy and of our morals and our fabric of society by the likes of j.p. morgan h.s.b.c. b.n.p.

with us is an economist. thank you for joining us. overview of what you are making of what he has to do today and what he will end up doing. >> well, you already said it. rate cuts are not enough. i think this is not just the lowest in four years, but if you look at quarter over quarter, it is among the lowest. to primarilyis due three reasons. one is obviously the delay, which everyone has been talking about, but also because bank liquidity in the philippines is very, very tight. and then also, you have the hiking of the monetary policy last year. it shows us that the time is now for them to act. they can mitigate two of those factors that i mentioned on tight liquidity and high interest rates, and we think they cut the basis points by 25 points and the rrr by 100 basis points. what about a 1-2 punch versus doing one after the other? couldn't doing them at the same time be distortionary? noelan: you are incentivizing banks to lend, so it tight liquidity, they do not have anything to lend, so they need to cut the rrr to enable these b

it is being held in honor of the central bank's chief economist.king his opening remarks, we will listen in now. >> structural policies have led to persistent differences in the responsiveness of wages and prices to shocks. i should say a lack of structural policies. fiscal framework has produced an unbalanced policy risk -- policy mix. from a monetary policy perspective, we therefore have a strong interest in seeing emq completed.- emu whatger architecture reviewed the severity of the shocks, but also improve the effectiveness of our policy in reaction to them, and avoid that fed monetary policy becomes overburdened. significant progress has been made during the crisis. the decision to set up a banking union in 2012 was a turning point. --, and it has already reduced divergence and supervisory intrusiveness. the structural reforms undertaken during the crisis have made economic structures more aligned. but for a long time, we have reached an impasse on key issues. for example, the banking union and deepening fiscal policy coordination. this is bei

like with most wars in a trade war, economists believe no one really wins. for nightly business repo, i'm eve liesman. >> and the president of philadelphia fed said to date trade war uncertainties are weighing on businessnd the economy. he said he wants to see fair trade but tha t all thek about tariffs what was not healthy for the overall economy. the biggest issue many firms face is policy uncertainty. >> so what might thoserenewed concerns over tariffs and trade mean for everything r stocks to bonds to commodities? here's a talk about that is ben phillips, chief investment yofr with vent shares to talk about the equity markets. collin martin is director of fixed income at the schwab centch for financial rese he'll focus on bonds. and scott nations covers s. commodit he is president of nation shares. gentlemen, welcome to all of you. thank you for joining our roundtable tonight. ben, i'm going to start with you. i know that you and a lot of other people think that basically a lot of this trade war talk is already in the market. the comments seem to suggest

if you think franklin roosevelt was a wonderful economist, you think calvin coolidge was a poor economistit's sort of like that. for most people, it's impossible to be both a roosevelt person, a t.r. person or fdr person, and be a coolidge person. it is binary like that. every president has his charms. there was an economist at wake forest named whaples, who looked at what economic historians and economists thought about presidents. he also looked at what they thought about economic events. and about half the economists thought roosevelt made things better in the great depression of the 1930's, and about half thought he made things worse, the new deal made things worse. if you survey historians, most of them would say roosevelt made it better. so you have a culture in history which tends to the progressive, and historians have the pens, so that is the way it goes. notice grover cleveland did not do so well, and that's because history is moving leftward in our adulthood. i think that's why coolidge doesn't do so well. his econ is not known or understood. it doesn't fit in the modern framew

let's cross to our economics economist from mumbai.t the trajectory here for growth after we get these election results. -- the march quarter gdp results will be out on may 31. and currently we are looking at 6.3owdown in gb growtdp growthf %. so, overall there is a very broad based slow down in gdp numbers that i'm currently seeing. and i think the numbers are going to get a bit worse before we can expect a recover going ahead. so, if you see across sector the main industrial production is contracted in the latest month of march. auto sales numbers are contracting. credit gilts has started slowing down as well. if you look at private investment, there are no new announcements. and th outstanding stocke -- and the implementation is also contracting. all in all, a very broad-based slowdown in gdp growth. the reason why feel the economy has come to this standpoint is essentially the lagged impact of monetary policy. last year when monetary policy needed support growth, the monetary policy increased interest rates. theyand aobbove that ti

president a vast majority of economists are convinced that eventually those higher import tariffs will also slow down the u.s. economy and you know american businesses will not be able to absorb the terrorists the way they have in the past they will eventually put more of the burden on the american consumers and briefly conrad what can businesses do to protect themselves . well if you are an american company of course you can ask the government to be exempt from those tariffs apart from that there's not much you can do you know postpone risky investments pile up cash look at the your supply chains to search for the locations which are legs less exposed to that risk but of course that takes a lot of time it's a very difficult situation right now as we know big firms don't move very quickly in their force and in frankfurt thank you. will listen the new york stock exchange today where it hopes to raise billions of dollars but investors around skiing with a bright healing firm ever be profitable a company as opposed to only losses in the ten years since it was founded it's also been no str

to be heard because today if you look in the african continent especially if you told me of some economistthere will tell you that the force a friend need to be reformed they just wanted to be changed by something new but they don't know exactly or they're not giving exactly what new what newco currency need to be changed by different safer and i think also for most economists they say that difference a fire is a tool of economic domination used by friends against african country this is an argument but i think it's not the only one argument i think today people are all involved that means african states friends economists and all the people involved in this topic need to sit down on the table and try to find something for everyone involved read differently for and who is using it in these daily life right of india bashing different africa thank you so much for sharing your views on this topic with us thank you. now then coffee is becoming very popular in china big name coffee shops popping up everywhere it has the reputation of being the land of t.v. but china now produces more pins than

the economist says there is nothing wrong with this new number.h more than it was in the past. the government says the changes are not affected growth data and the jobs report was not conclusive. for its part, the government has announced that it will change how its statistics department works. it is not clear to clear whether that will be enough to silence the controversies surrounding india's economic growth numbers. in other business news, the us secretary of state has ramped up washington's verbal attacks. mike pompeo said recent attacks on oil tankers in the gulf were pulled. efforts by iranians to raise the price of crude oil around the world. national security adviserjohn bolton said evidence that iran was behind the attacks would be presented to the united nations security council next week. thank you so much for investing your time with us. sport today is coming up time with us. sport today is coming up next. — l. —— bye for now. this is bbc news. our main headline: donald trump has lashed out at robert mueller a day after the former spec

the judgment of republican economists were not qualified trt job. all of the writings and controversy and case of cane, the sexual harassment charges and case of steve, all the things he had said and written over the years, those add to it but the core element was that people like greg who was the head of the counsel of economic advisers under president trump, said publicly as soon as moore's name was floated, this guy does not belong on the fed. the senate should do its job and in the end, the senate did. now i think we should note that before we got to this moment, president trump has made a series of appointments to the fed that are widely applauded including jay powell. i think most people involved in business and economics they that people like powell and claire da have done a very good job. this is a moment where the president's keeps trying to play to his base and as stephanie just suggested, he may not mind, it may not be any skin off his knee if stephen moore gets be embarrassed and he can go to his base and say look what the these politica

investment solutions chief economist. what will you look for from the fmoc? we've had a lot of comments and formed part of the discussion over the last two days. laura: we're not getting a big surprise out of the fomc today, no change reiterated in the patient language. they're almost certainly going to approve their session of growth but continue to focus on the flact inflation is disappointed and where a lot of us are looking and will they downshift their discussion of inflation expectations which edged lower? how seriously will they take the recent data? they don't love to react to the most recipes, they like to look at a trend. but the trend is going against them on the inflation side. that's going to be a big piece of what we're watching today. vonnie: policywise, what can the fed do to boost the inflation? i was reading a book and he said the rate cast wouldn't have an impact except on liquidity. is there any point in doing that? lara: any rate cut and what people are starting to discuss is some kind of insurance rate cut or the market as priced in a 70

what sort of damage happened in a household with two prominent economists?> [ laughter ] [ applause ]. >> did you say 2? i have a clarification. >> [ laughter ] >> what happened in a family of prominent economists? >> the truth is we are a household of friends. we have a son who also has a phd in economics and he currently lives in london and teaches in england. but, we remain very close and if you were to make the obvious guess you would not be wrong. we talk about economics a lot. we have some of the interests and topics of conversation, but it's not unusual. i think if you lived in our household you would find a diet that is perhaps richer in economics than you may find appetizing. >> [ applause ]. >> thank you very much. >> thank you so much for joining us and for sharing with us. thank you very much. thank you so much. so good. i also want to express my appreciation to pres. degioia and especially to the family for this special evening. thank you. please join us for refreshments in the foyer. thank you. >>> here's a look at our live coverage tuesday. at

economists say diversify my j.s economy after decades of allying mania and oil won't be easy it needs more political will and more input from locals but there are signs some people are starting to see farming as a viable business one delivery at a time. al-jazeera ogun state nigeria. now india is home to the 3rd highest number of billionaires in the world including asia's richest person but while its economy expands many people are asking if it is only the wealthy who are benefiting 1st jamir reports now from new delhi. this sprawling upmarket estate tucked away in new delhi is home for rubble and this family a startup investor who's also runs his own digital consulting and marketing firm he says the government's policies in the past few years have been good for business just in terms of how we deal with the government with the governance it brings just simplicity information's lot easier for us to. understand our clients and other businesses have grown they have they've needed more services from us so with all the services and growing our business is growing and that's been a. positi

joining me now from london is reza current chief economist for africa at standard chartered. good to have you with us sir ramaphosa has got some big challenges ahead of him doesn't he the biggest of which is unemployment the chronic khana me is growing at less than 2 percent that's far short of what it should be doing to create $275000.00 jobs a year. yes this is the case this south african economy has really struggled to achieve lasting momentum and if any of the high frequency data releases from the 1st quarter of this year are anything to go by there is even the risk of another economic contraction quarter and quarter at the beginning of this year the question though is does this election result change anything will we now see the institutionalize ation of reforms will we see a surge in consumer and business confidence could we see household spending and investment taking off and when you look at that 27 percent unemployment number you ask yourself how the economy is able to to support that. it's clear that the south african economy needs to be growing a lot faster there h

which i know a lot of economists, i hope you stick to the intuitive this evening. so let's start by imagining a town called 50th century brazil in pennsylvania or ohio and most of the jobs already gone to china, their main street has been hollowed out they've got to talk to walmart out of town but walmart is now pretty spread because everybody used to work there and now they are not happy campers, they got people who they know the joy 50 miles to the amazon fulfillment and they were there, there always tired don't get much feedback, they can't join a union, they have to get permission to take bathroom breaks, tell me why should the people of the 20th century will pennsylvania love big business? >> i will start with some data actually. if you look at per capita income in west virginia it's about the same as in sweden. so we out here think of middle america is completely devastated but that is not quite true for the entirety of it. i would stress the point that the most distressed areas are generally those that are lacking in big business, all of those regions will n

the chief economist larry kudlow will hit back at the naysayers in moments.hat is the reason behind the left's effort to take down bill barr? why so intent on downplaying the word spying. this is still going on tonight. plus, two end of the week favorites. we have unearthed footage of bernie sanders and joe biden. it's hysterical. and a principal who has had enough. and some journalists desire to jail bill bar. i kid you not. the news that should matter most to americans is today's jobs report. it's another record breaker and another sign that trump economics is work. in april 263,000 jobs were adding to the economy surpassing wall street and economists expectations. the experts were wrong by 70,000 jobs. the unemployment is 3.6%, the lowest in nearly 50 years. the last time the unemployment rate was this low, the following things were not even-month-old. -- even imagined. mobile phones. video games. the mri machine. and disposable lighters. it's been a long time. in the 28 month since trump has been in office the economy added 5.4 million jobs. these are spe

i'm an economist at the cato institute. back in 2014 the post tweeted inequality is the root of social evil. former president barack obama has described inequality as the defining challenge of our time. bernie sanders today says u.s. levels of inequality showed that the system is rigged to benefit the billionaire class. these are just a case that things said about economic inequality. one of two assumptions logically underpins these views. either that the current distributive income or wealth is unjust, or that that current description brings consequences in the future. this idea more inequality is that unless inequality good underpins much public debate. it's become the moral foundation for call of more government discretion of income and wealth, and high taxes on the rich in particular. but a given distribution doesn't solely it pre-determined by government. it reflects millions of interactions, trade decisions, inheritances and policies which are undertaken every single day. a statistic of income or ealth share of the to

china trade deal but with new tariffs and tensions we have now talking to stefan legan is an economist from the university of sun gallants winston stefan why is christine lagarde so worried isn't this just donald trump playing hardball just for the sake of his local audience. well i think both is true of course donald trump is already laying the groundwork for his twenty twenty presidential election campaign but the reason christine lagarde another economists are concerned about the impact is so far everything we seen as an impact from this trade war or trade conflict has been in line with what we expected however the question the big question is what is the magnitude of the impact if that trade conflict escalates further and unfortunately or better fortunately we do not have an recent episode of something like that happening that is we do not have the data to clearly say what will happen if a country like the united states imposes tariffs on all of its imports from china and imposes tariffs of the magnitude of ten fifteen twenty five percent so we can simulate the fact in our models b

tensions in tech industry are making investor nevers about what yet to some economists think that once the u.s. consumers which import 2 thirds of the economy is start feeling the heat and pay more for some product consumption and confidence will take on top of that we learned that the u.s. manufacturing activity grew out of the slowest pace since september 2009 small as he. helped to leave the investors' spirits they get more and more worried that the possibility of. calling another truce by the end of june is pretty limited right now all laws on those trade negotiations was a louis saha joining us from new york and here's some other business stories making news. while prices also fell sharply on thursday due to fears of prolonged trade tension between the u.s. and china busters fear that if you could weigh heavily on growth on global growth rather u.s. like crude fell nearly 6 percent below $58.00 per barrel. u.s. president donald trump is providing an additional $16000000000.00 in aid to farmers hurt by his trade policies after washington introduced tariffs on foreign products china

so, guys, there's something for everybody on the street to consider here, something for economists to if they end up increasing it. something for the fed forecasters to consider, whether or not the fed has to incorporate this something for the market to consider about really just how strong the economy is and whether or not that slowdown that it was so sure about back in december is going to happen at all now >> steve, stick around we want to bring in mark zandi into this conversation, chief economist at moody's analytics i'll go to you with the question that i think steve was getting at, which is how do you think we are viewing this economy, and what did we get so wrong and how did we get it so wrong before? >> especially you. >> i didn't say that that was joe >> yeah. was it joe >> it was me. >> figured it was joe. yeah, yeah >> wouldn't have you on as the expert, let me tell you that, mark, because we weren't supposed to have any jobs for the last two years according to you, there was no room for any more hiring no one was left. >> well, let me just qualify the increase right away.

kallum: hard to say, and i'm an economist.'m definitely paying close attention to the yield curve inversion. it seems this expresses a lot of risk, which is mainly political, trade wars at the top of that list. if things go badly wrong, you could see the western world heading into a slowdown but if political risks go the right way, long-term bond yields rise again because growth will improve on the back of that. one point on china, i'm reluctant to say china will do gradual policy measures. it's a different economy than over here. there's a growth target, which is a political contract with china. as long as there's no inflation problem, it can control financial flight and it has savings. it will impose stimulants to give the economy afloat. they stay with us for lots more through the hour. equities may show a growing number for 2019, but for many investors, may was the month markets woke up to a flurry of hurt. risk seeped into financial markets. and here is dani burger. dani: you know we have a whole outage, sell in may and g

. >>> economist john long sci of moody's joining us tonight. the political attacks against president trump rage on. president trump slahe recent rhetoric of the radical dimms. the radical dimms claim we're in a constitutio if so it is the result of the deep state conspiracy to overthrow the presidency of donald trump. the radical dimms have become the party of hate an. we take all of that up with tom finton, sidney powell, corey lewandowski here tonight. >>> a sell jowoff on wall street today, encouraged as they campaigned against the president's trade policies to reduce the deficits that have stripped trillions of dollars from u.s. economic growth over the past two decades. and indeed, volatility is good for the firms that trade both up and down with the market. and volatility we had today after trade talks broke down and china announced it's placing tariffs on $60 billion of u.s. goods beginning june 1st. president trump today warned china against that retaliation. he remains confident, obviously so in the position the united states holds in

antonio, thank you so much for joining us antonio garcia, the chief european economist from barclay's. also coming up on our show, stay with us because we're going to be speaking to the world trade organization director general roberto as china calls on the u.s. to behave rationally in its dealings with huawei stay with us what happened to the real men of america? today's average red-blooded american man has less testosterone than his father. and his father has less testosterone thanhisfather. before we suffer a full-on masculinity crisis, force factor is launching the man up america event. we want to send every man in america a complimentary bottle of the breakout supplement taking gnc by storm. test x180 ignite, loaded with free-testosterone-boosting manliness. get your complimentary bottle by texting the keyword on the screen to 20-20-20. during workouts, test x180 ignite raises levels of free testosterone in your body to help build lean muscle. plus it helps burn fat, fuel desire, and improve performance. now you can continue to feel like the real men that made this country great.

like facebook and google face even more regulation or even be broken up we'll talk to nobel prize economist paul romer was a different idea for resizing tech firms. welcome to the business i'm sitting there in berlin next watching. us tariffs on two hundred billion dollars worth of chinese exports have jumped from ten to twenty five percent that after china missed the deadline for a new trade deal imposed this week by president donald trump and china has threatened retaliation but its negotiating position may have weakened earlier sanctions have already been hard. to beat fabrics or toys at the international wholesale market in you you'll find just about anything you need for your home honk yung lean shows textiles the town of conflict with the us is ruining our business. trade tensions between china and the united states have affected me a lot we don't have any more orders from the united states most of our clients are from the middle east but they're also under u.s. sanctions we're getting less and less orders. and she's not the only one who in eastern china is an important center for tra

this economist says young people are wrong to expect too much from the european union its room for maneuver is limited you know campus a little can only provide money through structural funds but it. programs are not targeted at specific countries demographics or classes it's up to national governments to implement concrete programs france has the extra difficulty that its birthrate is quite high and it needs to create even more jobs for the young. the young europe fans think that e.u. programs are still helping them increase their chances on the job market and that the you should be widened out to win over more young people. on the i want to take you live point as the so much creativity here we could easily keep up with the startup paradise of silicon valley where young dynamic and have potential but the e.u. needs to give us more support to develop that potential. but it's not certain programs like these would also benefit those who haven't been to university unemployment among numb graduates is up to 4 times higher than those with a university degree. and that's it for me in the business

i am very practical i just don't see the lad - - a logic may be more practical economist have seen. [laughter] i wasn't referring to you kim jung-un clearly not. [laughter] but do you not think the world economy we should be looking for extra inflation? . >> no, no, no. we could do more inflation but that isn't setting the expectation as a necessary trigger. it will be a month of wages in supply and demand and the economy responding to that. >> a little french humor i asked madame about the criticisms we will be right back. new message. department of the social security administration. the reason of this call is to inform you that your social security number has been suspended for suspicion of illegal activity. if you do not contact us immediately, your account will be deactivated. for more information about this case file, press 1 or call immediately our department number 326 -- this is a scam! thieves are misusing the social security administration's authority in phone schemes to trick you into giving them money or personal information. they state there is a problem with your soci

i am very practical i just don't see the lad - - a logic may be more practical economist have seen. [laughter] i wasn't referring to you kim jung-un clearly not. [laughter] but do you not think the world economy we should be looking for extra inflation? . >> no, no, no. we could do more inflation but that isn't setting the expectation as a necessary trigger. it will be a month of wages in supply and demand and the economy responding to that. >> a little french humor i asked madame about the criticisms we will be right back. gerry: more now from interview earlier this week from christine the guard. as the rules no longer seem to apply as a shift occurred? . >> it is certainly one that is beginning to factor in that aging phenomenon almost the entire global economy with the african sub-saharan countries but look at the rest of the world it is a very significant impact in all the factors that you have mentioned whether inflation or the relationship between interest rates i see that as strongly related to aging on the landscape productivity has remained low but what will take us out is

with me is jeremy thomson—cook who's chief economist of the payments

there is in fact a saying in a textbook of economics written by an economist.elieve in the possibility of indefinitely continued growth are idiots and economists. so you absolutely do not feel that you project a notion of ever greater technological advance, ever greater standard of living for people around the world. that's not your thing. greater technological advance, no, i don't care about it, and i don't think that technological advance is essential for getting out of our current problems. but a better standard of living, absolutely, yes. but that is clearly not being delivered right now in the united states, in western europe. actually, people are saying that the children are probably not going to be better off than their parents, and maybe we shouldn't assume that that's the norm anymore. maybe we should assume, on the contrary, that given the very steep challenge we face with climate change, we can't expect ever greater standard of life, quality, economic quality of life. we actually have to, because a world in which there are gross discrepancies in stan

i am very practical i just don't see the lad - - a logic may be more practical economist have seen. [laughter] i wasn't referring to you kim jung-un clearly not. [laughter] but do you not think the world economy we should be looking for extra inflation? . >> no, no, no. we could do more inflation but that isn't setting the expectation as a necessary trigger. it will be a month of wages in supply and demand and the economy responding to that. >> a little french humor i asked madame about the criticisms we will be right criticisms we will be right back. run with us in the unstoppable john deere gator xuv835, because when others take rain checks... we take the wheel. run with us. search "john deere gator" for more. look limu. a civilian buying a new car.ug let's go. limu's right. liberty mutual can save you money by customizing your car insurance, so you only pay for what you need. oh... yeah, i've been a customer for years. huh... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ gerry: more now from interview earlier this week from christine the guard. as the rules

i am very practical i just don't see the lad - - a logic may be more practical economist have seen. [laughter] i wasn't referring to you kim jung-un clearly not. [laughter] but do you not think the world economy we should be looking for extra inflation? . >> no, no, no. we could do more inflation but that isn't setting the expectation as a necessary trigger. it will be a month of wages in supply and demand and the economy responding to that. >> a little french humor i asked madame about the criticisms we will be right criticisms we will be right back. geico makes it easy to get help when you need it. with licensed agents available 24/7. it's not just easy. it's having-a-walrus-in-goal easy! roooaaaar! it's a walrus! ridiculous! yes! nice save, big guy! good job duncan! way to go! [chanting] it's not just easy. it's geico easy. oh, duncan. stay up. no sleepies. it's geico easy. we see two travelers so at a comfort innal with a glow around them, so people watching will be like, "wow, maybe i'll glow too if i book direct at choicehotels.com". who glows? just say, badda book. badda boom