GOOD EVENING: The show begins on Wall Street -- speculating about the direction of the economy with Liz Peek of Fox News and The Hill.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 14 August 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
1860 Oyster Stands NYC
CBS EYE ON THE WORLD WITH JOHN BATCHELOR
FIRST HOUR 9-915 #Markets: "Recession" thoughts back in the conversation. Liz Peek, The Hill, Fox News and Fox Business https://www.msn.com/en-us/money/markets/fed-s-bostic-downplays-recession-fears-says-interest-rate-cut-is-coming/ar-AA1oK3B2
915-930 #Markets: What is the Harris economic policy? Liz Peek, The Hill, Fox News and Fox Business
930-945 #BERLIN: The EU lacks will and muscle to challenge Iran or Russia. Judy Dempsey, Carnegie Endowment for International Peace, Editor-in-Chief: Strategic Europe, in Berlin. https://www.wsj.com/world/russia-iran-ties-being-strained-by-parallel-conflicts-15155173?mod=hp_lead_pos2
945-1000 POTUS: EU likes Harris and fears Trump. Judy Dempsey, Carnegie Endowment for International Peace, Editor-in-Chief: Strategic Europe, in Berlin.
SECOND HOUR 10-1015 #StateThinking: Venezuela fumbled. @MaryKissel Former Senior Adviser to the Secretary of State. Executive VP Stephens Inc.
1015-1030 #StateThinking: What is the Harris Foreign Policy? @MaryKissel Former Senior Adviser to the Secretary of State. Executive VP Stephens Inc.
1030-1045 #LondonCalling: The Carry Trade and the Japan risk. @JosephSternberg @WSJOpinionhttps://www.wsj.com/opinion/the-financial-markets-will-disappoint-your-yen-for-stability-9aa767dd
1045-1100 #LondonCalling: What drove the riots? @JosephSternberg @WSJOpinionhttps://www.yahoo.com/news/more-1-000-arrested-following-172335317.html
THIRD HOUR 1100-1115 #GAZA: Sinwar is the obstacle to ceasefire. Jonathan Schanzer, FDDhttps://www.timesofisrael.com/biden-iran-expected-to-push-off-attacking-israel-if-gaza-ceasefire-deal-clinched/
1115-1130 #IRAN: IDF on full alert. Jonathan Schanzer, FDD https://www.wsj.com/world/russia-iran-ties-being-strained-by-parallel-conflicts-15155173?mod=hp_lead_pos2
1130-1145 #VENEZUELA: Biden Administration failure to appease. John Bolton, Washington Examinerhttps://www.washingtonexaminer.com/restoring-america/courage-strength-optimism/3110880/yet-another-biden-foreign-policy-failure/
1145-1200 #IRAN: Breakout is in reach. Andrea Stricker https://www.fdd.org/analysis/2024/08/12/iran-the-next-nuclear-weapons-state/
FOURTH HOUR 12-1215 #SUDAN: The battle for Port Sudan and the Red Sea lanes. Gregory Copley, Defense & Foreign Affairs https://www.ft.com/content/237e1e55-401d-4eeb-875b-03fe68f81575
1215-1230 #UKRAINE: Distraction from the endgame. Gregory Copley, Defense & Foreign Affairs
1230-1245 #IRAN: Pressured by Russia to relent. Gregory Copley, Defense & Foreign Affairshttps://www.wsj.com/world/russia-iran-ties-being-strained-by-parallel-conflicts-15155173?mod=hp_lead_pos2
1245-100 am #KingCharlesReport: Stilling the riots with reason. Gregory Copley, Defense & Foreign Affairshttps://apnews.com/article/king-charles-iii-riots-uk-27f45e28bb2606e33c49c4ae38e2c03b
Transcript
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| 0:00.0 | Good evening. Tonight the show begins in the markets. The word |
| 0:09.6 | recession is back being banded about mostly as an attention getter, but there is a slowdown and |
| 0:16.7 | the Federal Reserve has the opportunity to slow the slowdown with a Fed interest rate cut in September. |
| 0:25.0 | Elizabeth Peak joins to speculate could there be one in November and December. |
| 0:30.0 | The aggressive betters are saying four by the first of the year. I don't know. It's always a guessing game and it depends on the persuasion of the public. |
| 0:40.0 | They feel confident in spending because the expectation is the consumer |
| 0:45.2 | numbers will be down? Home Depot has an interesting way of putting this. |
| 0:49.6 | This is deferral decisions. |
| 0:53.0 | Customers are deferring, buying, waiting for better weather. |
| 1:00.0 | We also discuss economic policy of the Harris campaign as at this moment is largely unknown |
| 1:05.8 | something about not taxing tips that say Trump remark from weeks ago and perhaps something about inflation though although that doesn't seem |
| 1:15.4 | entirely coherent. I'm not certain but the candidate might believe that something like gouging corporations are causing |
| 1:24.5 | inflation. I don't know. It's confused. We'll get clarity as we go deeper into the campaign after the conventions. |
| 1:41.0 | And then Judy Dempsey from Berlin comments on the EU and the Iran crisis and the Ukraine crisis and the Ukraine crisis and the the question of Hamas. |
| 1:44.0 | Judy's not very encouraged by the way the EU has behaved these many years |
| 1:51.0 | with the European war and then the last 10-11 months the Middle Eastern War. |
| 1:57.0 | Judy also asks what is Harris thinking about foreign policy? I don't have a good answer. But |
| 2:10.3 | Judy makes certain that I understand that the EU loves Harris because Harris is not Trump. |
| 2:17.0 | The EU fears Trump. |
| 2:20.0 | Maybe it's too strong a word. |
| 2:21.0 | Distains? Unknown. |
| 2:26.7 | Mary Kistel joins to talk about Venezuela, how the Trump administration handled it |
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