Yales Robert Shiller with that today. Professor, welcome back. My pleasure. Your new survey says investors are the least bullish they have been since back to 2001 energy. Well, thats true but they were very bullish just several months ago so its kind of oscillating were referring to my oneyear confidence index. Yeah. Yale school of management publishes. What do you think it all means for where and how investors see where the stock market currently is after whats been a really strong year . Well, im concerned its not just the oneyear confidence, but its also the valuation confidence that both individual and Institutional Investors that we here at yale tabulate separately. They both have lost confidence in the valuation of the market most people are worried. Its the high price earnings ratio or i use the high cape ratio. You do have a weakening of optimism, and you have a concern about overpricing. Im not alarmist about that. Maybe i should be. I dont know one thing thats savings this is
Hollyfield is live but that is going to head over toward fairfield and vaca ville. Also light rain falling in san rom on. [ technical difficulties ] [ technical difficulties ] were you nervous . Yeah. Could you see the swells of the waves and everything just crashing everywhere. And it is only been like that a few times before. Where youve been on the boat and all avenue sudden everything just started crashed and all of the everything was going everywhere. Officials canceled things when they got too rough and get the passengers home. They are looking into whether they need do that again tomorrow morning. Some riders have already made up their mind about what to do. Tomorrow im staying home. I wont try to attempt the ferry. There is some tension in the decisionmaking that they have to do because of course weather can change. But they want to let you know tonight if any routes will be canceled. They need to get those bus bridges in place. So theyre going to struggle with that this aftern
Beaten up by democrats. Treasury secretary Steven Mnuchin at midmitting his bank unfairly closed on some widows and vets. Nominee rick perry testifying hes changed his mind about the Energy Department trump tapped him to lead. Demanding that democrats confirm the trump picks was his new White House Press secretary. There is really no excuse for the delay tactics and frankly the partisanship thats being exhibited by the democrats. Reporter mr. Trump went to Arlington Cemetery to pay his respects and to symbolically take over the role of our commander in chief who will make life and death decisions. Like all recent previous along with Melania Trump will spend the night at the white house guest house, blair house across the street at pennsylvania avenue. Its old. Its not fancy, but its rich in tradition. It was a loud roar of harleys rolling into d. C. Today. A group called bikers for trump arrived for the inauguration. Reporter bikers for trump gathered in woodbridge, virginia. I am an i
Know now. So much the sheriff says they dont know. This was so carefully planned out that the young woman even tracked the schools emergency procedures. We have more on that of the story at 6 00. In frederick, brad bell, abc7 news. I would plead with the people of maryland to understand that this makes the state of maryland more at risk for violence and crime. Larry attorney general Jeff Sessions citing maryland consideration to be a sanctuary state as he announced that the Justice Department will require city and state to comply with immigration laws for federal assistance. According to the center for Immigration Studies right now there are four sanctuary states in the u. S. And another 168 counties and cities. In our area, that includes the district. Stephen tschida is live in northwest getting reaction. Stephen d. C. Gets close to 4 every year. The statement from the attorney general today didnt spark concern here but more confusion and raised question. Lets take a listen to get the
Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by its hard not to feel pride as a citizen of this country, when were in a place like this. Bnsf railway. And with the ongoing support of these institutions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the United States senate formally opened debate today on Supreme Court nominee neil gorsuch, and headed toward a bruising battle. Republicans said they will change the rules to permit a simple majority to confirm gorsuch if they cant come up with what is called cloture, the 60 votes necessary to close off a democratic filibuster. It appears as if cloture will not be invoked, but well find out on thursday. But either way, well be moving toward confirming judge gorsuch on friday. Senator mcconnell would have the world believe that his hands are tied that the only option af