The land of flickering light came out june 2019. Here is a portion of his discussion from san francisco. You cannot accept a solution on climate. You cannot accept the policies where you put in a set of policies for the Obama Administration the other guys come into rip it out then four years later or two years later you put it back in and they rip it out. I dont think thats any way to regulate a Banking System or support education but and then to deal with climate that way so thats why i think as a definitional matter you cannot accept the current Political Climate in america and we are asked to build a coalition of americans outside of washington to overcome a broken washington. That sounds really hard and it is really hard but there are no shortcuts in democracy not of particular interest to me but the real question is can you win states like colorado iowa and arizona because if you cant you cannot make the kinds of changes you want to make. The democrats are putting forward ideas an
In that is the big question with the average. S p climbing. Its not an easy one to answer. I think holy cow. What the heck are we doing up here however, it is just an inflection. I think there could be much more upside. I dont want you to leave thinking otherwise. I would start with washington. A few months ago it sounded inconceivable that we can get tax reform. Republicans in congress seemed to be in total disarray. Its not like that campaign on slashing Corporate Taxes. We interview legislators and they have a plan to raise revenues in order to avoid busting the budget. Remember the border tax thing . They were reluctant to cut Corporate Tax rate because it would leave a huge hole. There was no way any democrats were going to get on board. It seemed like a colossal waste of time. Somehow perhaps because of the president s endless harping, perhaps because they realize they can suffer hideous losses, the gop was able to cobble together a plan that is incredibly pro business plus the R
You go out no, i dont. Various market milestones today. The nasdaq crossing 7,000 for the first time and the dow closing in on 25k for the first time although were well off the highs right now. Tax reform hopes, and a series of deals this morning seem to be helping sentiment today. This is the first time ever, by the way, that the dow has gained 5,000 points in a single year. We began the year in president 19,000 range and now were well into 24k. Its just crazy theres no other word for it nothing like bitcoin, though, by comparison, it seems tame. We have people who are going to tell you where to make more money in the sfarkt cotock markg up in a few minutes. Is utilities are the biggest loser today. We have a debate on whether the bitcoin boom could help drive utilities higher talk about some of the power usage. Thats a hot topic. Recode calls him one of tvs most important executives. What espn had john skippers resignation announced today means for that sports giant and for disney ov
Tyler mathisen is off tonight. The major indexes climbed further into record territory. The dow closing in on 25,000. The optimism sums ahead of a vote on the tax bill that would be an historic overhaul of the u. S. Tax system. It would cut the corporate rate and result in likely increases in profits. A number of corporate deals also helped lift sentiment. Well have more on that later. But first a look at the closing number. 24,792 for the dow, its 70th record close. The highest number in a calendar year ever. The nasdaq was up 58. The s p 500 added 14. With the steady climb in stocks all year and the tax bill vote near, what will drive the next leg of growth . Mike santoli took a look for answers. Every bull market needs a good story line. The one that started nearly nine years ago has followed several along the way. You have the depths of the bear market in early 2009. The bullish story was stocks were simply too depressed. As the years went on, the narrative shifted to Central Banks
Anna good morning. This is bloomberg daybreak europe. This year is tapering out a little bit. As we get into the penultimate week of trading. The msci index up by 0. 1 . The republicans seem to be ok in the senate. Susan collins, the senator from maine, pushing that one through we think. The houseboats later today. Voteseek the house later today. We have a few things on the agenda. And u. S. Gdp updates. Lets talk about what is happening in South African currency. The u. S. Dollar is gaining a little bit against the african round. The trajectory of travel has been strengthening in the rand. Tribes in the anc vote. Deliver onable to the promises. Will there be risks around that . That is something we will be picking up with our guests in the next hour. In terms of the broader story, you are looking at matt i am looking at that was up 20 . Pix it is up to 826 year high it is up to a 26 year high. Returns wouldnt be so great. Ine you can see the topix blue. In yellow you see how it has re