Chef Emilio Vitolo featuring the 8g band with fred armisen [ cheers and applause and now, Seth Meyers Seth good evening, everybody. Im seth meyers. This is late night. We hope youre doing well. And now, if you dont mind, were going to get to the news President Biden told reporters yesterday that hes optimistic about a ceasefire in gaza by next week. And this was awkward while i was eating ice cream [ light laughter ] how about a minute to put down my cone, dude . This is like when obama announced we got bin laden just as someone put out the pie [ laughter ] former President Trump is set on thursday to visit the u. S. mexico border, im guessing to make a break for it [ laughter ] you guys, before we move on i want to address something we did on the show yesterday. We showed a clip that implied that donald trump had mistakenly referred to his wife as mercedes it has since been explained to us that he was referring to republican operative named Mercedes Schlapp so apologies to donald trum
Bill, welcome back its been a while. Good to see you again. Thanks for having me. You look at the stocks that have taken the dow from 22 to 23k in only 76 days and its boeing, cat, home depot, goldman and i look all the way to the bottom of the list and the worst performer is general electric, a stock you say you are buying and it has become now a contrarian call because nobody seems to like it anymore why are you buying ge . Well, i guess it shouldnt be too big a surprise that a value firm like oakmark is buying something that is tremendously out of favor we think this is a very Different Company looking forward than looking back. New Ceo John Flannery is going to be very focused the return on invested capital and Capital Allocation both within the income statement and on the Balance Sheet we know theres a big earnings reset coming the stock wouldnt be trading at 23 if that werent the case. But we believe from that number this company is going to show much better than average growth,
This joint News Conference 45 minutes ago with the Prime Minister. The president also taking the time to attack Health Insurance companies for cashing in on obamacare saying quote hes not going to subsidize them any longer. He also said he thinks he has the votes to pass a fix that includes block grants for the state. But none of it, well see none of it before tax reform is finished. The second step in the tax reform process going on right now on capitol hill, the senate is debating the budget framework that could allow for a vote on tax reform and maybe passage this year. But is the administration pushing congress to rely on tax reform numbers based on fantasy . Or is it fact . Weve got in a fox business exclusive, two former Congressional Budget Office directors ready to face off on whether socalled dynamic scoring will lead to real growth, even though its not based on hard numbers. Don and doug square off. And nfl owners and players are huddling right now in new york city at this ho
Record streak ahead since the election. The u. S. Stock market gang more than 5. 2 trillion. Yes trillion dollars in value since trump won. If you had listened to the chicken littles, you would have missed out. There is optimism on main street. Tonight an allstar cast to react, economist ben stein, the peoples sheriff david clarke and ivana lowell. Were going to win so much, you may even get tired of winning and youll say please please its too much winning we cant take it anymore mr. President , its too much and ill say no, it isnt. We have to keep winning. We have to win more celebrate good times, come on makes me laugh every time. Welcome to risk reward, im elizabeth macdonald. Remember this, paul krugman, he warned the end was nye, it does look like president donald j. Trump. The question is when will markets recover . First pass answer is never. We are probably looking at a global recession with no end in sight. I suppose we could get lucky but on economics as Everything Else, a te
President can do for the families of those killed in action. Point the president was making is there is a different process. Sometimes they call, sometimes they write letters, sometimes they engage directly. The comments were certainly, i think, taken very far out of context by the media and any frustration, thats where it should be focused. Blake . Let me ask but something Steve Mnuchin said since you talked about the stock market a lot, and the president does as well. He said, and i quote here, theres no question in my mind if we dont get it done, meaning tax reform, youre going to see a reversal of significant amount of gains. Essentially saying if tax reform doesnt happen, there could be a major correction on the corner of wall and broad. How concerned is the president of that possibility . Were confident that were going to get tax cuts done, and so thats what were focused on and going to continue pushing forward until we get there. Reporter on the health care bill, if you dont min