Action Toll Brothers and stitch fix stocks are moving. Well break down the trades straight ahead we start with target practice, folks. Looking into next year more firms putting out 2021 s p forecast its quite a range, citigroup 3800 three percent higher than now on the s p at the other send j. P. Morgan 4500 about 20 percent upside so folks as we gear up for next year, which camp are you in guy . Are you at the low end 3800 or closer to jpmorgan. I will tell you what im in i love Tyler Mathison. Nice to see you. Youre the man. Thanks for being here tyler. Tyler, what was that show boldly go where no man not star tr trek you a fan . I never was a fan thats okay. Nor was i chauvinism notwithstanding, for the first time in History Today Global Market exceeded 100 trillion of market cap, 115 percent of global gdp and s p 500 now about 180 percent of u. S. Gdp just ridiculous numbers. So i understand why the market is going higher, i get it, but id about in the low end of that camp, tyler.
Level, i was president thinking about the fed like everybody else i was thinking that stel, yes, stel is a wonderful thing. Hallelujah. What do i mean by scale a company with scale is a company thats big enough and powerful enough to control its own destiny. A company that scales is one that survives and then thrives in even the toughest environment that a fed chief is worried about or anybody else. Just listen to nothing but washington scale, scale simply being bigger than the other guy, a lot bigger is an enormous advantage we saw the benefits play out today. Exhibit a, amazon. It crossed the trillion dollar threshold this morning amazon didnt become this unstoppable behemoth because jeff bezos is brilliant, which he is. It got here by leveraging scale. Amazon is dominant because its so big they use that scale to get better price from the suppliers to pass on to you. We have antitrust law because when you get big enough, well, no one can compete against you bezos saw how he could use
The proceedings from today are to be published and moreover potential to be discontinued by policy makers and advocates and consumers as part of the 2017 political agenda. Todays event is open to the press and is being live streamed and televised. For those who are not physically present, im told you can join in on twitter also using the votefood2016. There are also twitter handles were available for the speakers on the biopages. Please help us keep the conversation on social media and dont forget to add votefood2016. Oscar cabrera, executive director, sarah roach and allyson and alissa. Thank you to them. Welcome to georgetown from the Oneil Institute and it is my great pleasure to introduce to you as the next speaker david vladeck. David. Prof. Vladeck thank you very much. [applause] good morning, everybody. We have a busy day ahead of us and wonderful potentialists, before we get started, i want to point out that ive been slided, everyone else is the honorable and im not. So i wonde
Howdy folks, and welcome back to another edition of the Texas Tax Roundup, where we gab about all things Texas tax and perhaps even some things Texas tax adjacent. As ole T.S. once put.