Market has been elected. If we do in fact get meaningful tax reform, how much higher can stocks run pete quite a bit higher. I dont think its priced in at all. Everybody has been looking at this thing for a long time, saying the tax reform, all these various things, i dont think any of them are in there because i dont think anybody believes well be able to get there if we do, holy smokes, thats a great catalyst i look at these financials, the way we exploded to the upside. The rates werent doing anything special but look at citi, jpmorgan, goldman sachs, theyre breaking out i expect to see the xlf at 30. It did hit a nice level on the tenyear yield today it didnt do a whole lot. Were not at the two six level like we were the explosiveness of the facts, which has been record earnings and revenues, thats what people care about yeah, no, i 100 agree. First of all, i dont think anything is priced in for tax reform it could add 7 to 10 of earnings to the s p 500. As far as if things go thro
This is bbc news. The headlines at 5pm 1a more patients who tested positive for coronavirus have died, bringing the number of deaths in the uk to 35. The Health Secretary warns that measures to combat coronavirus will disrupt the lives of everybody and older people and those with Health Conditions will be asked to stay at home. The protection of the vulnerable and elderly by asking them to stay away, to stay at home, that is in our action plan, but we do not want formally to say yet that people should do that. British companies are urged tojoin a National Effort to produce more ventilators and other medical equipment at speed. Supermarkets urge shoppers not to buy more than they need, saying there is enough for everyone if people are considerate. The Foreign Office advises against all but essential travel to the United States after President Trump introduced a travel ban on the uk. And Spanish Police use drones with loudspeakers to tell people to go home. The Foreign Office advises aga
The clear leader among democrats with 32 . Thats up three points from last month. Elizabeth warren, second at 20 to come up six from september. Its Bernie Sanders third at 17, down one. 44 of those surveys say President Trump will be reelected next year. 46 percent do not. 10 are not sure. 46 thought the president would be reelected in the september poll. A short time ago President Trump hinted at sanctions on turkey. Over its military action against the kurds in syria. But the main focus of this afternoon comments were on the latest impeachment effort. John roberts starts us off tonight from the north lawn. President trump is headed to a huge political rally in minneapolis tonight. Its congresswoman ihan omars district where he is expected to raise the roof at the target center over the impeachment inquiry. At the same time here in washington, democrats continue their unrelenting quest to build a case against the president. With his former ambassador to ukraine set to testify on capit
Announcement play out on the house floor . Fascinating stuff, we do expect that this will be quick once nancy pelosi meets with the House Democratic caucus on tuesday. They will announce impeachment managers, people that will argue the case in the United States senate during a trial. But the bottom line is that House Majority leader was asked about next steps in terms of impeachment on the house floor. We do expect there to be legislation on the floor next week with reference to what we call supplemental legislation for the appointment of managers, the funding of the effort. And we expect the papers will be sent sometime soon. Speaker pelosi says she wants to talk it over with House Democrats on tuesday. That could set the stage for a floor vote in the house of representatives on tuesday or maybe wednesday. Trace what is the reaction from leading republicans . It oh, it is fascinating Steve Scalise offering instant reaction, basically arguing, it is about time. This idea that one perso