One day in the not too distant future. Nobody ordered this package but amazonas unit is going to need it. To get it. Usually is pregnant and amazon knew even before she did. Could this be possible in the future. A company that knows us better than we know ourselves that fulfills our wishes before weve even thought of them will we soon be living in this shiny new amazon world to tough it can one day amazon trucks will circle peoples homes and i mean if someone needs a diaper theyll get it in 3 seconds equipment ready for it he always i think we can only underestimate how well the system knows us. A company with a smile in its logo that provides us with everything. When we design but all we delivering our selves into its hands when it delivers things to watch us im driven fear of what it could be if we do not engage if we give up if we become complacent and since it is dangerous when power can centrally control it and thats amazon today. We go to the Oldest University in england to meet
Good monday morning, welcome to squawk alley, im Carl Quintanilla with john fortt, Courtney Reagan is with us for the hour lucky to have her on a busy market day dow up 238, s p up almost 12 off the highs of the morning, but, obviously, on the heels of tax reform optimism. House and Senate Working to get something to the president s desk before the end of the year. A number of dow components hit alltime highs today home depot, mcdonalds, jpmorgan, and 3m thats just a sampling John Leibovitz joins us. Guys, happy monday not exactly sell on the news not exactly i think a lot of expectations was it was going to be a buy the rumor, sell the news i think part of it might be we didnt get the plan until late friday night, early saturday morning, but that said, based on the rotation we saw within the market away from large, towards mid and small, away from growth towards value, its been a pleasant surprise things have continued to move today the way that they have david, would you advise inves
At whatstake a look going on in to those brexit talks. The pound is up by. 2 . Stronger dollar story throughout the day and dollaryen is up to. 6 . 58 basis points. Thats really steep. Time for the morning brief. Ahead. A look at the week today theresa may is scheduled to meet with Jeanclaude Juncker. Then social democrats hold their convention. Congress has to act to avoid a Government Shutdown and we are also going to get on friday u. S. Jobs numbers. Big week ahead. Topics tax, u. K. , cvs buying aetna. The talk on the talk shows was all about taxes. Had towhat the senators say. When you heard the president say we are very close to the finish line you know he has wanted a 15 right from the beginning. Is parted to a 20 rate of the discussion. The house as a 20 right now. We are happy with both of those numbers. If something small happens in conference that gets us across the finish line we will look at it on a casebycase basis. Business tax all the way down from 35 to 20. It could be
Julie julia whats interesting is we havent had very steady action today. At one point all three major averages were down, now they have bounced off the lows, but it is still the largest selloff since august, particularly for the s p 500. We have seen to down days two down days. Lets put this in context. Take a look at the bloomberg, this is a chart that we looked at on friday, when we saw a 1 gain in the s p 500, because that was unusual. Thee saw a 1 decline in s p, that would be only the fifth time in the past year that it had happened, it has become increasingly unusual in this extraordinarily low volatility high recordbreaking day environment to not have these kinds of big price swings. Another way to put it is there have now been 112 trading days that have gone by with without all three major averages falling simultaneously. The 10th longest streak, i should say, of that type we have had since the nasdaq was record created. The next longest streak was back in 1972. In other words,
Democrats are upset that the report was not accompanied by fresh sanctions for russias alleged meddling to the president ial election. Liste on the all a card are not subject to penalties. After coming under extreme criticism, pope francis decided an investigator to investigate victims of covering up for the countrys most notorious pedophile priests. The general secretary of the conference announced that multis archbishop will travel to chill who has denied charges of the abuse. Frances defended the archbishop. Nassar run capitol hill today on legislation that requires governing bodies and amateur athletics to probably report abuse claims to law enforcement. This is not for lawmakers make changes and sent it back to the senate for approval. I want to thank the very brave Young Athletes who have come forward and spoken about their personal experiences of sexual abuse. Thank you for shining a spotlight on this horrendous crime. Mark the legislation extends the statute of limitations for