Name: What’s Next For The Economy In 2020? | NBC News NOW
Uploaded: 2020-01-23T19:30:14.000Z
Duration: 7 min 29 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

>> YOU TOO. >> THE ECONOMY ENDING THE YEAR

>> THE ECONOMY ENDING THE YEAR ON A STRONG NOTE.

ON A STRONG NOTE. STOCKS NEAR RECORD HIGHS.

STOCKS NEAR RECORD HIGHS. THE FEDERAL RESERVE SLASHED

THE FEDERAL RESERVE SLASHED RATES DURING THE YEAR TO SAVE ON

RATES DURING THE YEAR TO SAVE ON THE CHINA TRADE DEAL READY TO BE

THESE ARE PRETTY BIG ACCOMPLISHMENTS FROM PRESIDENT

ALI, IF WE TAKE A LOOK AT IT, LOOK, THE ECONOMY IS PRETTY

3.5% UNEMPLOYMENT. >> IT LOOKS PRETTY GOOD.

>> IT LOOKS PRETTY GOOD. >> YOU AND I WERE TALKING ABOUT

>> YOU AND I WERE TALKING ABOUT THIS EARLIER ON MSNBC AND

THIS EARLIER ON MSNBC AND SOMEBODY TWEETED US AND SAID 93%

SOMEBODY TWEETED US AND SAID 93% OF AMERICANS DON'T LOOK AT THE

OF AMERICANS DON'T LOOK AT THE STOCK MARKET AND SAY WOW LOOK AT

STOCK MARKET AND SAY WOW LOOK AT MY PORTFOLIO.

>> IT'S LIKE A VOICE. >> 40 SOME ODD PERCENT OF

>> 40 SOME ODD PERCENT OF AMERICANS OWN STOCKS AND THE

AMERICANS OWN STOCKS AND THE STOCK MARKET IS UP 28% YEAR TO

STOCK MARKET IS UP 28% YEAR TO DATE, RIGHT?

IT'S A VERY, VERY BIG GAIN. SO ACTUALLY ABOUT HALF OF -- IF

SO ACTUALLY ABOUT HALF OF -- IF YOUR MONEY IS IN THE STOCK

YOUR MONEY IS IN THE STOCK MARKET AND IN SOMETHING THAT

MARKET AND IN SOMETHING THAT LOOKS LIKE THE S&P 500 YOU DID

LOOKS LIKE THE S&P 500 YOU DID ACTUALLY DO VERY WELL ON THE

ACTUALLY DO VERY WELL ON THE STOCK MARKET.

HERE'S THE REST OF IT. 3.5% UNMOMENT SHOULD MEAN THAT

3.5% UNMOMENT SHOULD MEAN THAT EVERYBODY CAN GO TO THEIR BOSS

EVERYBODY CAN GO TO THEIR BOSS AND ASK FOR A RAISE BECAUSE

AND ASK FOR A RAISE BECAUSE THEY'RE SHORT OF WORKERS.

THEY'RE SHORT OF WORKERS. THAT DIDN'T MATERIALIZE ACROSS

THAT DIDN'T MATERIALIZE ACROSS THE BOARD.

SO THE STOCK MARKET AND WAGES ARE THE VALUE OF YOUR HOUSE.

ARE THE VALUE OF YOUR HOUSE. THOSE ARE THE ONLY PLACES WHERE

THOSE ARE THE ONLY PLACES WHERE IT MATERIALIZES AND YOU HAVE A

IT MATERIALIZES AND YOU HAVE A HOUSE IF YOU HAVE MONEY.

HOUSE IF YOU HAVE MONEY. IF YOU ARE A HIGHER EARNING WAGE

IF YOU ARE A HIGHER EARNING WAGE EARNER YOU HAVE DONE WELL IN THE

EARNER YOU HAVE DONE WELL IN THE LAST TWO YEARS.

LAST TWO YEARS. WHERE WE'RE STUCK IS IN THAT

WHERE WE'RE STUCK IS IN THAT MIDDLE CLASS TO LOWER.

MIDDLE CLASS TO LOWER. THERE'S STILL PEOPLE IN THIS

THERE'S STILL PEOPLE IN THIS COUNTRY EARNING $7.25 AN HOUR

COUNTRY EARNING $7.25 AN HOUR AND THERE'S STILL PEOPLE

AND THERE'S STILL PEOPLE HOMELESS AND STILL PEOPLE FOOD

HOMELESS AND STILL PEOPLE FOOD INSECURE SO THERE'S SOMETHING

INSECURE SO THERE'S SOMETHING WEIRD ABOUT IT.

WEIRD ABOUT IT. IF YOU WERE LOOKING AT ALL THE

IF YOU WERE LOOKING AT ALL THE ECONOMIC NUMBERS YOU'D SAY IT'S

>> THINGS ARE GOOD, RIGHT? >> JUST NOT PROPERLY DISTRIBUTED

>> JUST NOT PROPERLY DISTRIBUTED DISTRIBUTED.

DISTRIBUTED. >> COULD WE SEE HIM SAYING THE

>> COULD WE SEE HIM SAYING THE ECONOMY IS GREAT, THE ECONOMY IS

>> IT'S GOING TO BE THE SAME PROBLEM THAT BARRACK OBAMA

IT'S GOING TO BE THE SAME PROBLEM THAT THE DEMOCRATIC

PROBLEM THAT THE DEMOCRATIC CANDIDATES FACED EXCEPT THEY'RE

CANDIDATES FACED EXCEPT THEY'RE TALKING ABOUT UNIVERSAL HEALTH

TALKING ABOUT UNIVERSAL HEALTH CARE AND HIGHER MINIMUM WAGE.

CARE AND HIGHER MINIMUM WAGE. DONALD TRUMP WENT TO OHIO AND

DONALD TRUMP WENT TO OHIO AND SAID DON'T SELL YOUR HOMES.

SAID DON'T SELL YOUR HOMES. WELL EVERYBODY THAT DIDN'T SELL

WELL EVERYBODY THAT DIDN'T SELL THEIR HOMES PROBABLY HAS A HOME

THEIR HOMES PROBABLY HAS A HOME WORTH LESS NOW.

WORTH LESS NOW. COAL MINING JOBS DIDN'T COME

SO THE CHALLENGE IS GOING TO BE FOR THOSE PEOPLE, TENS OF

FOR THOSE PEOPLE, TENS OF MILLIONS OF PEOPLE LOOKING AT

MILLIONS OF PEOPLE LOOKING AT THE REMARKABLE STOCK MARKET.

THE REMARKABLE STOCK MARKET. WE HAVE TWO NEW RECORDS ON

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