Today on Engage with Andy Busch, we bring on a weather expert to discuss how Hurricane Patricia formed, the strength of this year's El Nino, and what type of winter weather were likely to have. Jon Davis is the meteorology team lead for Riskpulse and explains how weather will impact the energy markets this season.
The next Republican Presidential debate is on October 28th and is the CNBC sponsored event. With this in mind, Engage will focus today on the major candidates' plans for growth. We'll dissect the tax plans that the candidates have released and try to understand their impact on the economy and deficits. The good news: you can increase jobs, wages, and GDP with one change to the tax code.... And all candidates have a variation of it in their proposals! Joining me to discuss is Kyle Pomerleau from the Tax Foundation. Kyle is an economist for the Tax Foundation's Center for Federal Tax Policy. HIs work focuses on corporate and business taxation, international taxes and income taxation.
Global stock markets have rebounded with a vengeance and US equity markets are up over 7% in the last 10 days. Questions arise: have we put in a bottom, what will Q3 earnings look like, will the rally continue into Q4? Joining Engage to discuss is S&P Capital IQ's US Equity Strategist Sam Stovall.
With the global economy gasping for breath and US job growth wheezing, we turn to a man whose job is to diagnose the data. Jim Glassman is JP Morgan's chief economist for commercial banking and we hit all the key topics from jobs to retail sales to the Fed. Jim drops some serious value bombs on why today's weak retail sales are misleading and why the economy can keep growing for another 2-3 years.
Today on "Engage with Andy Busch," we had on US Chamber of Commerce Chief Economist Martin Regalia. We discussed why the markets are so jittery, why the Fed can't seem to make a decision to raise rates and why the US economic recovery is so tepid. "The policies this time around have been nothing short of horrible." Also, Regalia covers top 3 areas US Chamber wants to see addressed for tax reform.