there more pain ahead? less as jason chairman stuart ceo of strategic strategy firm. a welcome here and happy new year to you. so, i think after this a dreadful year in the markets, are we going to see some relief in 2023? was paul i m not so sure. i think for some higher-quality companies that can generate their own cash i think it might be a better year. i also think there s a lot of froth there s a lot of annual spirits treated by free money during the culvert era. we are in for another difficult year in my opinion. especially for companies that do not have a lot in the way of profits or cash flow. paul: your political analyst dan clifton who i follow, he argues the year after a midterm election is usually very good for stocks, historically speaking. why could this should be different? well i think this could be a little bit different because normally in a presidential election cycle, administration take the hit earlybird to make the hard decision early in the grease the
let s hope we can improve. tonight. all right. but first, we ar are now on nighthouse three of the battle for the house speaker and we begin tonight with some good news. i can confirn m major negociate vote been going on all day behind the scenes while these votes were taking place todayhe with kevin mccarthy and many of the republican holdouts. thi and i can report that at this hour, a documented being put together that will go a long way to settling differences. 28 will it get kevin to two hundred and eighteen? we won twe won know until probay sometime tomorrow, maybe monday. if anything, it would justle ofo probably be a couple of votes short, but certainly progress. itht a is realt th tonight at ts hour, no doubt the american people are being patient, butop that patience is wearingle thin the vote totals remain as of now unchanged. three straightotals re days. we have two hundred republicans supporting mccarthy 20 supportin g somebody else. and the past twenty four hours,
Of you from Msnbc Roe Headquarters here in new york. Welcome everyone to alex witt reports. We are beginning with this Breaking News. Hundreds on capitol hill as the federal government heads towards a, potential, shut down in just 12 hours. Soon the house will vote on speaker Kevin Mccarthys new plan to keep Government Open. We see those votes being cast, in fact, as we speak. However, mccarthy is leaning on democrats to support it admitting that there is no guarantee that his own caucus would do it. The house is going to actually government will not shut down. We will put a clean Funding Stopgap on the florida keep Government Open for 45 days did you get any assurances from any of the republicans about this . No, i have tried. Well, a senate vote is also expected to get underway in the next hour. The impact of a potential shutdown will be felt foreign right across nonessential federal agcies. For almost 4 million employees and military, it would mean working without pay. Here is part
figures, further south ii to 14 degrees but by sunday this area of low pressure will move in and again we will see wet weather pushing in with strong winds. thanks, simon. and that s it from us. newsnight is just getting under way on bbc two, with victoria derbyshire. on bbc one, time for the news where you are. goodnight. on bbc london, a ulez camera has been blown up in south east london. is the home office confirmed the night at the cost of the rwanda scheme has doubled to 290 million tones of not one salesperson centre, rishi sunak tries to sell his own legislation to mps today. is he yet another conservative prime minister doubled to £290 million, with not one person sent there. mr sunak is trying to save his rwanda plan and his premiership. can he get enough votes to get his latest legislation through? we ll talk to two conservatives one who supports it, one who doesn t. also tonight, as an inquest rules an ofsted inspection contributed to the death of headteach