Scrambling for support ahead of the big vote. Im Edward Lawrence in for neil cavuto. This is a Special Edition of your world. The first of 2023. More on the tax hikes in just a moment. First to chad pergram where the Leadership Drama is unfolding. Chad . Edward, its been 100 years since theres this much uncertainty as to who would be speaker of the house. Kevin mccarthy can only lose four votes, but theres five members that oppose mccarthy and perhaps more. Kevin doesnt have the votes. Theres more than five people. Youll see that as we go into the election on january 3. There was 36 people that voted against Kevin Mccarthy on the conference vote. Mccarthy made a concession last night to those that oppose him. They demanded that he lower the bar for members to call for a new speakers election in the middle of the congress. He agreed. Some members still have reservations. Rosendale called his olive branch disingenuous. You think the package has moved any votes to yes . Yes. What will you
scrambling for support ahead of the big vote. i m edward lawrence in for neil cavuto. this is a special edition of your world. the first of 2023. more on the tax hikes in just a moment. first to chad pergram where the leadership drama is unfolding. chad? edward, it s been 100 years since theres this much uncertainty as to who would be speaker of the house. kevin mccarthy can only lose four votes, but there s five members that oppose mccarthy and perhaps more. kevin doesn t have the votes. there s more than five people. you ll see that as we go into the election on january 3. there was 36 people that voted against kevin mccarthy on the conference vote. mccarthy made a concession last night to those that oppose him. they demanded that he lower the bar for members to call for a new speaker s election in the middle of the congress. he agreed. some members still have reservations. rosendale called his olive branch disingenuous. you think the package has moved any votes t
but you can t really find the first half of the third year of a president s term that has been negative ever in the history of the superior 500 ever insurance september for 1938 going to world war 2. 1939. excuse me. and the fed keeps doing what they re doing stupidly thinking that it s going to fight inflation but raising rates, not understanding that the control mechanism is supposed to kill lending. lending continues to be robust because the bank cost bases are so low. edward: i wanted to ask about that. the fed s rate hikes and tightening have been leading the markets. the fed is predicting two more or three more smaller rate hikes. will the fed drive the market again next year in 2023 and are we near the bottom then for the markets about mid year? i believe the market bottom