Gets back to its version of tax overhaul with republicans pushing hard to get to a full senate vote as early as this thursday. We welcome our chief content officer, marty shanker, and from washington, sahil kapur. What does it look like in terms of whether or not they will get a vote by thursday . Is a scurry to get all the votes they possibly can between today and thursday to cobble together the votes the frontpass it on end. The vote is likely to come in on thursday around whats called a ama. Earo a theres a small faction of deficit hawks in the senate, two of them retiring, immune to political pressure. They need to be placated. They need to believe that this wont simply explode the deficit and put the nation in a more precarious place in terms of red ink. Raisedollins has concerns about repealing the obamacare individual mandate. She is concerned that it will raise a means for other people. Otheren there are some wildcards. One of the big possible no votes, rand paul, came on in fa
Guests. The first served as u. S. Ambassador to israel during his long and distinguished career. Joins us from hes coming to us from the white house. We do have excerpts here. Does the president understand how historic this could be . I think he has had those discussions with a lot of key officials. Rex tillerson to the vice is they have all weighed in on this in the weeks and months now. Some extent yes, but how does playing out in the region and how does after that speech, it will be a major factor. Paragraphsve a few with excerpts and talks about on the one hand, jerusalem has been a place where christians and muslims as well as jews have been able to worship freely. Israel of israel. What does that mean . We are not seeing to stations between western and palestinian aspirations for the capital. Important with those subjects and remarks. Way for thea president to finesse this without inflaming tensions in the region . If the diplomacy is created and the speech is nuanced, it could h
Years. We have been a crossroads in the past, and unfortunately, we have usually taken the wrong fork. Tonight, ladies and gentlemen, you took the right turn. [applause] imperilhis win could the gop agenda in congress, shaving down Mitch Mcconnells republican majority to just one vote. House and Senate Negotiators are said to have reached a tentative compromise for the tax overhaul. The latest, we go to kevin reporting. Wn the lets start with the alabama race. , what do weoss tabs know about who voted . How did women vote . Kevin speaking with political types in alabama, who said that overwhelmingly, turnout, particularly amongst the Africanamerican Community, helped fuel doug jones to victory. He had top surrogates, including nba legend Charles Barkley getting out the support, trying to drive out turnout in urban areas, including mobile, alabama. Some areas have a turnout, surpassed and even matched the turnout in the Africanamerican Community for when we saw the obama mccain election
Abigail were almost at the end of the year. We had a big rally, also for stocks. Not a big rally but solid gains. The dow is on pace for a record close. Right now, we do not have alltime highs. Check out this smallcap russell 2000 leading the charge of about up of. 6. The big topic, the tax overhaul. Smallcap companies are considered to be more sensitive to, considered their more meaningbased, perhaps they are more sensitive to what is happening in the u. S. 3316. Look at g btv these are not the russell 2000 Tax Companies but what we are looking at in blue are low Tax Companies. This purple, goldman sachs. And the wide to it high Tax Companies white, high Tax Companies, up 7. 7 . Deal. Ll but a done pretty interesting. It is also interesting to see the russell 2000 sensitive to taxes overall and what is happening in the u. S. G btv 32, this is a oneyear chart. The white, russell 2000 to the s p 500. It has been trending down as the husband uncertainty and volatility around the possibil
Abigail . Another roller coaster ride, earlier up more than 1 , and then down more than 1 . Right now we are down about 1 . The volatility we have seen all we continue. This started last week, major averages put in their worst Weekly Performance since january 2016, extending into this week. Lets see this fiveday chart of the doubt. This is monday, where stocks were holding in, and then all of a sudden at the lows, down 1600 points. Buy the did action, frenzied buying, resulting in wednesday being flat. Now we are whipsawed, but we just put in a lower low. That tells us the sellers are in control. Year, we had that big rally for the major averages, climbing , climbing, a slow melt up. We have seen lots of small swings on an intraday basis. February, look at these massive moves for the doubt. That continues to build. Volatility breeds volatility, so this suggests we are likely to see more of the same. In terms of the big names dragging, we are looking at highquality companies, boeing, 3m