Abigail doolittle is with us. Lots going on in the market. On indeed. Ats going investors are not taking to pick up commitment. Small move for the major averages. Doubt, s p 500, and nasdaq, flipping between gains and losses. This is due to the choppy, jittery trading we have seen with intraday reversals to the downside. Investors are trying to make sense of what is happening with ,axes and other issues in d. C. Plus the yield curve flattening. What is the effect of that on the overall market the head of Technical Analysis at oppenheimer is saying stay the course. He believes we are in the second year of a bullish market trend. Lets hop into the bloomberg, because there is another view always. 53, thisok at g btv 20 is the longterm chart of the price to sales ratio on the s p 500. Typically we look at the pricetoearnings ratio, but this is more cyclical industries. It does not measure taxes and other issues. It is considered by some to be a pure measure evaluation. What were looking at
Be able to join you. Were going to start with christina. Before we do the first question lets do the broadest one. Which is tell us very briefly your Top Priorities in taking this gavel. Why did you want the chairmanship and what do you intend to do with it . Well, i looked at the Republican Study Committee and because of its size and its passion and the qual of its membership, it seemed to me that it would be the organization to have the greatest influence in terms of being able to excute the things that are most important to the American People particularly in light of the fact that the republicans will control the senate in the 114th Congress Beginning in january. It just seemed like this would be a great way to be able to put conservative fingerprints on the policies that hardworking American Families need to be able to better themselves at this point. We should explain to our audience what the Republican Study Committee actually is. I have often described it as sort of a think tan
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