London. Its jobs day. Eurodollar, the one thing we need to watch out for 1. 2051. That were expectations these equities would go higher. We are seeing a little bit of retrenchment out of u. S. Equities because valuations, a lot of people think, are more attractive. Kettneree if max scherze thinks the same. The u. S. Jobs number, 2. 46. We will ask him about brexit. Ask him about this rotation into bonds. In later on, we speak with will em buiter. I know he has a thing or tow to say about germany. Sebastian in the u. S. A bombshell book detailing the backstabbing in Donald Trumps administation is being published four days ahead of schedule. The white house has been defending Donald Trumps Mental Fitness for office, an i ssue raised in the book. If he was unfit, he would not have defeated the most qualified group of candidates the Republican Party has ever seen. This is an incredibly strong and good leader. Thats why we have had such a successful 2017. Sebastian north korea has agreed to
Abigail we have gains for the andr averages, the s p 500 the nasdaq higher. Weekly gain for the s p 500 and the nasdaq, the best weekly gain since december of last year. The bullishness we saw last year in the s p 500 in 20 feet teen into 2018. Extending there is one small divergence or difference, that is the russell 2000, down ever so slightly. But on the week it is higher. There is a bit of the tax theme to the russell 2000. It has been a bit of a proxy for tax report, and one company is saying it will be hit by the tax cuts or tax reform, Deutsche Bank. A 1. 8 billion tax cut, the shares down 5. 9 . The real culprit behind this weakness is Deutsche Bank saying its fourthquarter trading revenue action activity down 22 . That is weighing on jpmorgan and Goldman Sachs, both of these big theirderive much of revenue from trading activity. We will continue to watch headlines around that. Speaking of passes, we will check in with some of those taxes, check in with some of these high Tax C
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