Politically, saying that you want to break up the companies feels nice, right . Its like, okay, there are issues lets just take a big hammer and go do it but i just think the reality is, we want to be we want to make sure that the things that we do actually address the problems. Well, joining us now here at post nine, bob pec, now chairman of Global Internet banking at barclays thanks for having me. Congrats on the new job excited to be there so lets talk about facebook and social media writ large. Because its interesting facebook has done okay over the last quarter i think theyre up Something Like 14 snap, meanwhile, which a lot of people had given up for dead, up more than 30 . So whats going on in the sector whos winning, whos not i think its important to level set the general markets. The s p is up about 17 give or take nasdaq is up about 20 , give or take yet the f. A. N. G. Names as a group are up about 20 give or take and i think yeartodate, snap is up 150 or so so youve seen St
Tax reform in particular im not so sure about that. A lot of the analysis being done by various independent institutes have found that the impact on u. S. Gdp growth next year will be fairly minimal. Talking about maybe 0. 2 , 0. 3 whether the reduction in the Corporate Tax rate increases, helps to increase investment is a moot point certainly Many American corporates are cash rich we know over the last couple of years theyve been using that cash to buy back their shares, which helped to elevate u. S. Equities its helpful make no bones about it but whether it can help sustain sort of growth rates that President Trump is looking for, 3 , 4 , its interesting to note the 3 actual outturns surprised many market economists whether that can sustain momentum going into 2018 is questionable you think optimism not so much political posturing definitely yes i think equity markets like any tax reduction. Theyll hope that any Corporate Tax rate cut finds its way into dividend increases but were en
Aljazeera headquarters in doha for the back to go welcome to the news great prayed for peaceful coexistence pope francis uses his traditional Christmas Day message to call for a negotiated two state solution to end these really Palestinian Conflicts tensions in the region have been high since u. S. President donald trump recognized them as israels capital will the popes message help ease them well have a live report from roll. On the grid a diplomatic spat over the skies to spend slice by emirates. A public outcry over security measures in the u. A. E. Targeting tunisian women several of them say they were prevented from flying to the gulf country and more Rights Groups say it is discriminatory explore where this leaves relations between the two countries and anger and protests in peru after the president on and former leader. Maurie on Health Grounds is admired by some peruvians for fighting malise rebels but for many his rule is synonymous with human rights abuses and rampant corrupt
Day. And they kept going even the route from iraq they just kept going and going. For an hour suspect was a den of pride. Stephen crane patrick sixty four years old a white male from. We believe in to build your killed himself prior to our entry. Brutally murdered more than fifty people. And wounded hundreds more. It was an act of pure evil in time such is the i know we are searching for some kind of meaning in the chaos some kind of life in the dark the answer is not easy. Secure gun laws i mean i just i dont know how many more of these tragedies have to happen for people to realize that we need to change the laws. Tonight las vegas is a city and morning after what is being called the deadliest mass shooting in u. S. History scores are dead hundreds injured and investigators are now busy trying to figure out why the suspect did it but what we do know is that he was a sixty four year old white man from nevada who apparently turned an outdoor Country Music concert into a killing field s