Meeting with, and of course better known as the new nafta. And the s and p and the nasdaq hitting new highs. Lets bring in our investment committee. Joe, stephanie and john, marg reet reed, union bank private bank, and rob of ubs private wealth management. So stocks, joe, pushing to new highs. Youve got the president who is probably going to tout a strong economy, high gdp, low unemployment is he going to give the market another leg up i think you and i used the phrase coiled spring here we are, we are springing higher, with very good reason. I think when youre looking at the steepening of the yield curve, the uninversion, if i could create a word, the uninversion of the yield curve, theres been a significant rebound in yields. And then earnings, and steph talks about earnings all the time eps gross was expected to be negative, 3 to 4 we came in down only 1 . So i think there is a lot to present a very fertile environment for the capital markets. Every asset class is higher. Where is t
America inside of the peach there. He is expected to talk about deregulation, tax cuts, tax incentives, boosted economy to the record recovery what is expected to talk about. 11 years going forward. He is expected to talk about wages are rising. We have low inflation, looking at that, boosting spending. How his policies done that you will hear frustration from democrats. This is, frustration about democrats. This is how the Vice President , chief of staff earlier talked about how democrats are holding back the administration they have not done the things what they promised to do. They problem is to work with the administration to lower drug prices. They promised to work with us on infrastructure and work with us on trade deals. We are anxious to complete the trade deals that keep this economy going. Reporter some excerpts of the speech we obtained. One of the key insights of economic power is incentives. Unlike past leaders the president is expected to say my goal to insure this power
Before us, who have fought hard for the rights of our country. We thank you for president donald trump, who also exhibits great courage in the face of constant criticism. We ask that you would give him the strength to endure and the as theto recognize you sovereign of the universe. And the people around the president , the Vice President and his advisors, give us all an understanding heart. Those are the things that will keep america great. And help us all to recognize as a nation that separation of church and state means that the church does not dominate the state and the state does not dominate the church. It doesnt mean that they cannot Work Together to promote godly principles. Andoving your fellow man caring about your neighbor, developing your godgiven talents so that you can become valuable to the people around you, and the values and principles that govern your life. Wewe do those things, then will always be successful. We thank you for hearing our prayer. In your holy name, am
Strength to endure and the wisdom to lead. And to recognize you as the sovereign of the universe, with the solution to everything. And the people around the president , the Vice President , the cabinet, the advisors, give us all understanding heart and a compassionate heart. Those are the things that will keep america great. And help us all to recognize as a nation that separation of church and state means that the church does not dominate the state and it means the state does not dominate the church. It doesnt mean that they cannot Work Together to promote godly principles. Of loving your fellow man, of caring about your neighbor, of developing your godgiven talent to the utmost so it can become valuable to the people around you. Having values and principles that govern your life. If we do those things, then we will always be successful. We thank you for hearing our prayer. In your holy name, amen. Our prayer. In your holy name, amen. Thank you for that, great job. The economy is doin
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