Would show that companies dont always use the asset when theyre repatriated to invest in manufacturing, jobs, things you gees are talking about they Share Buybacks and financial engineering. How do you guarantee that wont happen this time so, look, we heard that numerous times if thats our worstcase scenario that companies repatriate their money and use it for share pbuybacks and dividends, what happens . They buy back shares, issue dividends, pay the repatriation tax, we get another 20 tax on Capital Gains or dividends and the people who get that money back do what they reinvest it back in the economy in new investment and new capital. Were putting very enticing rules into the system that will entice people to invest capital for the next five years. Were giving people a fiveyear writeoff that they can instantly expense. So, look, if that happens, thats fine, we know that money will get invested right back into the economy and drive jobs, drive economic growth, drive wages and drive pr
Estimates in macau. Will this be another golden week for operators . Betty a lot of investors making their bets as well the u. S. Markets will continue higher. We saw that today. Might see this chart. I want to pull up g btv 1516, which shows you the Credit Suisse stop hedging index, otherwise known as the fear gauge. The lowest since february. Imagine that. This might geopolitical tensions coming upise what is from the headlines on tax reform, it looks like investors are pretty optimistic about the markets. They are not fearful at all, and you see the msci all country world index continuing to push higher. You saw that in the equity markets after the manufacturing numbers came out better than expected. Let us pull up the boards on that. Another record, up. 4 . The dow adding on 152 points. The nasdaq gaining ground,. 3 . No stopping this bull market, yvonne. Case. seems like the the big question is whether investors are pricing in more about reflation and the trump trade on tax reform
To see what mnuchin and the economic director hold a briefing at the white house. Look at twitter earnings. ,t looks like a pretty big be coming in at 11 percent. Monthly active users also coming in slightly better than estimates, coming in at 328 million, beating the estimates better than the fourth quarter. Also, revenue dropped the estimates as well. Looks like a good quarter for twitter. Youve that revenue, earnings up, monthly active users up as well. We will cover that throughout the next three hours. David you can get money for it and this might be a case where they figure out how to do that. And maybe video because they really have the video. Lets see. Today President Trump is going to release his plan for what he has called the big tax reform and reduction. Weve gotten hints about where he is headed. We are joined by our chief washington correspondent kevin cirilli. What we know so far is he is going to call for a 15 Corporate Tax rate tax break. We dont know the specific deta
Matt miller in hamburg at the g20. This is what were watching. Bonds being bashed. Investors heading for the exit. Number lead payroll to more selling . G20 kicks off. Please use a water can against protesters. Todays main event is trump facetoface with Vladimir Putin. Dozenty in at least a u. S. Power plant has been breached. The chief suspect, russia. Matt, welcome back. Matt 30 minutes to go until the open of the cash trade on equity indexes. If you look at their futures right now, you see a little bit of a mixed picture after a slide for the cash trade. Futures popping positive for germany and france. Still negative for the ftse in london. It will be interesting to see, but as you say, the focus is really going to be on the fixed income trade as though yields continue to sort. German yields went from zero spot for two zero spot six fast. Interesting to see how it is happening across europe and in the u. S. The moves have been aggressive. The european open has not been the greatest
Administration is pushing for increased exports of natural gas and other Energy Sources as it seeks energy dominance. Secretary perry also praised increased coal exports to boost Energy Production and jobs. He said today he has not yet seen it widely expected study into the reliability of the electric grid. The United States has imposed sanctions on 16 people in organizations linked to iran. The move comes a day after the Trump Administration certified that they are complying with their nuclear deal. The new sanctions are for nonnuclear activity, including support for irans revolutionary guard, and the Ballistic Missile program. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. Live from washington dc. Im julia chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. We are 30 minutes from the close of trading in the u. S. Julia u. S. Stocks going lower into the dollar sliding to an 11 month