Squawk Box will run a 4 part series on Grand Lake Stream trip this week. 4 Packages which Steve Liesman will wrap around, beginning at 7:15am, and then repeating throughout the week. (I believe the full package will run sometime on Labor Day weekend)
The 1st installment of the Kansas City Shadow Fed/Maine Leen’s Lodge fishing trip will air Tuesday at about 7:15 am EST.
I had a long sit down with Steve for part 2 and 3 — unshaven, unshowered, reeking of fish – be happy its not broadcast in smell-o-vision.
It will be interesting to see what gets cut and what stays in but you never know what ends up on the cutting room floor.
Tuesday – Friday
Part1: The forecast/results of the survey and an overall review of the trip
Part 2: fishing for answers to the credit crisis Part 1
Part 3: fishing for answers to the credit crisis Part 2
Part 4: The future of the banking system
Harvard University economist Martin Feldstein, a member of the committee that charts American business cycles, said the Federal Reserve cannot count on low interest rates to buoy economic growth.
"Lower interest rates are not going to get us anything more,” Feldstein, who retired in June as president of the National Bureau of Economic Research. The economy has really shown one sign after another of weakening.”
(why this sometimes works with on a Mac and sometimes not is beyond me)
Feldstein Says Low Rates May Not Boost U.S. Growth
Anthony Massucci and Kathleen Hays
Bloomberg, Aug. 21 2008