Ue of green, mirroring what is happening in the u. S. Without the record. July inest gains sense the stoxx 600. Final estimate for november, headline 1. 5. It has been overtaken by last weeks ecb meeting when the projection for inflation for 2020 of 1. 7 causing many to question draghis ability to maintain that inflation target but inflation, same as the earlier estimate. About economic surprise. This is the economic surprise index from citigroup and for europe. Fascinating chart. The u. S. Fell away through june and went negative showing the data missing estimates on average and now it is boring and both both estimates are roughly around 72. 2. Economic surprises in both the u. S. And the eu marrow in each other mirroring each other. The deal cementing brazil at the heart of the National Growth strategy for the coming years. 90 minutes into the session in the u. S. How is it looking over there . Julie seeing strength as the per the passage of the tax bill gets closer and a Corporate T
Housing startswere pretty soli this morning roadmap begins with that record run for the markets. The dow has now closed at a record 70 times this year. Will the rally push through year end amid turmoil in d. C. Speaking of records, the nasdaq breaks through 7,000 for the first time were going to take a look at the names driving that index higher. And downgrade for apple has the stock down slightly and hot holiday item that is sold out. Weve got the latest first up, futures are on the rise after another historic day for stocks, including the dow posting the record close of the year the house is expected to vote on the tax reform bill later on today. Looks like pretty clear sailing and Senate Begins a mandatory debate but pretty much with colins and corker and lee, this thing will get done. I think that people are driven by estimates. And i had United Rentals last night. United rentals immediately gets more cash. What are they going to do . Put more people to work, buy back more stock. W
Now. Brent down more than 1 . Natural gas up slightly. Mr. Wonderful and mrs. Wonderful. Are we allowed to say that youre not together, but thats were you watching before yes, i thoughtthat was a great tease. Kayla is mrs. Wonderful. Shes terrific kevins the original. Maybe im lower case w. Weve got a lot of news to talk about this morning. Geely auto has bought an 8 stake in volvo also giving gely the rights. Gely also owns the truck maker volvo started to do much better. Are you guys volvo fans . Ely als. Volvo started to do much better. Are you guys volvo fans . So i always had a volvo growing up im a fan. Kevin, i can tell youre not volvo. Im getting to the place where i think all auto manufacturers are going to make rail cars in 20 years. Because autonomous driving whether its for individuals, trucking, the brand wont matter as much. You dont even know the name of the company that makes all the rail cars. Its a huge company but nobody cares. But you know so tell us i dont know, ac
Think we made tremendous progress this year i am very fortunate to have the opportunity to talk with and meet with a lot of my colleagues current c. E. O. s prior c. E. O. s like myself and i think there is such a positive and optimistic view of the economy one of the recent surveys. Has its the second highest optimism that weve seen in the last thirty years on a score of you know zero to ten its about seven point five so the optimism is very high why you mentioned it in your opening comments weve seen regulation roll back which has been very helpful not only to large corporations but i spent a lot of time recently with small corporations Family Offices and they see that its a very very positive for every new regulation you have to roll back two or three i see you mention the tax issue i think. What theyve done now to help the Small Business man or woman no longer having to take their taxes at the personal rate but to get more of a corporate rate well everyone ive talked to has said it
The troubling ministration the American Economy super c. E. O. Robert nardelli is our guest on this edition of politics. To a special edition of politicking on larry king President Donald Trump is taking credit for a record breaking stock market substantial cuts in government regulations trade policies he claims will help american businesses and of course the tax reform plan which he tells as a gift to the middle class critics denounces nothing more than a Corporate Tax benefit so whats the truth and how will the trump and ministration policies help or hurt the American Economy in the twenty eighteen year lets talk about that with Robert Nardelli and. Oregon businessman is the former chairman and c. E. O. Of the Chrysler Corporation as well as c. E. O. Of the home depot from two thousand to two thousand and seven prior to that he rose to become one of the top executives and. Is very active in more of the more successful business thanks for coming here its great to be here thank you ok