There is separate rumor out there, not necessarily one to be believed, the house would simply vote on what the gnat came up, rubberstamp that, get it to the president s desk pronto. To congressman from north carolina, mark walker. Thanks, neil, good to be with you. Neil would you be open to that, there is rumor circulating that the house would simply not on what the senate came up with . Not at all. Republican Study Committee we did a survey last week, we didnt have a single one who supported that. 3 were maybe or depends. 97 said absolutely not. Were going to conference. Im pretty sure leadership confirmed that over and over again. Neil i fest theyre concerned about something potentially breaking down in this process. Rarely does that happen when it gets this far but you are a part on some key issues like Corporate Taxes or cuts going. Sure. The senate favorsc waiting until 2019. You and your colleagues prefer 2018. There is a lot of math built into that forfirst year and other thing
Points s p turned negative. Down by lows to 3 points the nasdaq down by 72 points this morning a mixed bag again dow futures indicated up by 43 points s p down by 3 points the nasdaq down by 27. Overnight in asia, the nikkei ended down by 0. 3 the hang seng down by 1 shanghai down by 0. 20 in european trading, ret arroir across the board, though the ftse is at the flat line lets check out currencies yesterday cruel oil prices were down 1. 5 . This morning the dollar is up against the euro at 1. 1862 dollar yen at 112. 45 Republican Leaders in the house and senate are racing to merge the tax plans and send the bill to President Trump before the end of the year. A Conference Committee plans to reconcile the two pieces of legislation starting this week among the differences the house has four individual rates, the senate seven the house cuts the corporate rate to 20 right away the senate waits until 2019. The senate repeals the individual mandate while the house doesnt. Another point of p
Policy over jerusalem. Betty david, you have being slides in the asian market, certainly some risk off trading ,n the u. S. Based on headlines tax reform or jerusalem. Markets closed mixed. For jobs data on friday, but the s p unchanged, the dow falling 40 points, the ,asdaq managing gains of. 2 but nothing to write home about after we have seen stellar rallies in technology shares, a lot of investors wondering whether profit will continue in tech stocks. Profit will continue in tech marks. Of these benchmarks have dropped to support levels. Look at new zealand. Coming off in a today slide. Bid for the bonds here. It is snapping a threeday streak. Here we go. Asx 200, and then a move up in the aussie 10 year bond yield. Japan and south korea coming online. Futures in japan pricing in under. 5 at the open. , the dollar catching a decent did on the back of weak sterling. Bid on the back of weak sterling. Betty a story brewing all day long, eight Security Council nations demand that presi
Its of expansion also says the Unemployment Rate is down to 4. 1 , down for two straight months the holding at a 17year low. What is the reason for some of these positive figures . Guest we have been in a long stretch of economic expansion to we have been growing fairly consistently in this country since the middle of 2009, so we are starting to see that they all for more and more americans. Businesses are seeing demands for their products and services, and they need workers to meet those demands. Are there any surprises in this report so far . Is the economy over performing . Guest i think it is performing pretty close to its peak capacity, which is what a lot of people are reporting. The other is the wages figure. We are not seeing the pickup in wages that we have seen when the Unemployment Rate has been near 4 . Host what does this say about the outlook . Ahe can we expect to come ad . Can we expect to see this continual uptick . The jobs far as market, i would expect to see a bit o
We are going to be moving to the amendments that were tabled yesterday. We are going to start basically in the order they are in the document. The first ones we will discuss are in the unpledged section, specifically in reference to number five, recommendation number five. I first ask if there are no objections, i would like to take this off the table, the discussion. I see no objections. Can we please put this up on the screen . Focused one recommendation number five, under the unpledged section, because of some of the work that is done, there are some adjustments to recommendations number four, which was passed yesterday. Sk that we consider number i ask that as we consider number consider adjustments to number four and we will vote on a combination of the two. We will move forward and highlight the adjustments here. All right. Ok. I will just read through this quickly. You can paraphrase, you dont have to read. We read every other one, so we are going to read. Can you give me a litt