Last night incredibly smart man, david rubenstein, the coceo of the Carlyle Group said what hes worried about for the next two years is an unanticipated geopolitical event call me a worrywart, but i have a list of things that dog me really not much happened dow dipped 40 points, closed badly at the end of the day. I think its worth going over my top ten worries as we head into 2018 before i give you the list, though, let me just say im not a big fan of the term, black swan the idea that something terrible and unexpected could be on the horizon. We have to be ready for anything a black swan is something you dont see coming but weve got lots of things that can be anticipated. So let me tell you what i look at when i wake up. First, im very concerned about whats going to happen with the tax bill for the longest time i didnt really focus on the details because i didnt really think congress was capable of passing such a Sweeping Change in tax code well, im completely wrong instead is looks
A month. We begin with stocks largely shutting off dc uncertainty. Wall street on its positive week plus, count down to a shutdown the senator appears on track to reject the spending bill shares of ibm. Its first gain of the 20 quarters stocks are showing some resilience despite of a shutdown of the government. Yesterday the dow hit the all time high before soliciting blik to the territory i got to tell you of the little take up which some people want to magnify on a percentages bases. I dont know how to reverse it caterpillar and boeing, great industrials. You can perhaps come up with a thesis at a certain point and you want the dividend. There is so much money this is too good. Lets touch on the shutdown the house passes the funding bill last night, 231197 republicans have 51. We talk about markets not really behaving dramatically in a shutdown unless a debt limit is a factor which is it is further off. You perfectly summed it up. It is not about the s p, it is about guys trying to f
What biden says it will take for him to enter the race. In his own defense owen labrie takes the stand. Closing arguments set for today. Well be live at the courthouse. On alert the southeastern u. S. Preparing for erika as the Tropical Storm strengthens. Could florida be in for the first hurricane in ten years . Today thursday, august 27, 2015. Announcer from nbc news, this is todayed with matt lauer and savannah guthrie. Live from studio 1a in rockefeller plaza. Good morning everyone. Welcome to today on a thursday morning. Matt is on assignment. Willy here. I think were in shock about what happened an unfolded at the television station in virginia. We have the latest on the shooting. Tributes pouring in for adam and alison. They were shot and killed while live on the air. Vicky gardener, their guest at the time, is recovering in the hospital after undergoing energy surgery. Were learning more this morning about the gunman, a selfdescribed human powder keg waiting to explode who clai
Republican rich aashooh conceded the first Congressional District race to incumbent frank guinta. Ray brewer was there for the breakfast. Ray, any evidence of hard feelings . Ray there was evidence that some time may be necessary to forgive and et times if he was supporting his opponent frank guinta. Ashooh would only say he was supporting the ticket. Governor christie the stakes of the presidency will ride on what happens in New Hampshire. The majority of the United States senate may very well ride on what happens here in New Hampshire. Ray former president ial candidate new Jersey Governor Chris Christie told republicans that the future of our country for the next 4 years will depend on what happens in New Hampshire come election day. Christie was the first to christie dropped his own president ial bid, and says the time has come for all republicans to unite. Governor christie if you are not working for donald trump over the next 55 days you are working for hillary clinton. Theres no
Approach. How about some first word news from vonnie quinn. President obama urging turkey and russia to put aside their disagreements and focus on defeating the Islamic State. The president met with turkeys later today. The diplomatic crisis arrested after turkey shot down the russian war plan last week. Its threatening to undermine president obamas efforts to expand the Usled Coalition fighting Islamic State. Now, than 90 minutes from the president will hold a News Conference in paris. You can watch that right here on bloomberg tv beginning at 8 25 eastern. Commonsn, the house of is excited to vote tomorrow on Islamic State. Cameronnister david called the vote, he wants british warplanes to begin bombing Islamic State forces in syria. This led to a split in the opposition labor party. Opposes theader attack. Other Senior Labor Party members are in favor. And the u. S. Is making it tougher to enter the country. The government adding new screening requirements to program that lets peopl