Hours from now. This is critical. He is trying to change their mind here. It is coming as were getting word that the Health Care Bill is now not going to be voted on at least not before the 4th of july. They do not have the votes. Dont forget five senators came out and said they didnt like the thing. Several others as well rumored not going along with it. So it would be a pretty uphill climb. There was just enough to make everyone a little bit angry in the bill. So not happening before the 4th of july. Here is the problem. This is why. Show the market, how were now down 45 points. I want to bring in a live intraday chart of the dow if we have it. Market selling off on the news because expectation had been, get repeal and replace or this version of repeal and replace through. Therefore you get tax reform, you get infrastructure bill, everything would fall in line. One of the reasons the imf now is saying it has to lower Economic Forecast for United States of america. In terms of trumps
Today to share with you a little bit of the observation that i have relative to energy week. This week, the Trump Administration will bring together state, tribal, business, labor, all together one room. Happily sitting down and discuss ing what the path forward is for u. S. Energy dominance. And President Trump wants america to achieve Energy Dominance by utilizing our abundant resources. For good. Means selfreliant. Means a secure nation. Free from the geo political turmoil of other nations who seek to use energy as an economic weapon. Aung energy dominant america will export to markets around the world. Increasing our Global Leadership and our influence. Were ending the bureaucratic blockade that has hindered American Energy creation. The United States has been a net Energy Exporter. A Net Energy Importer since 1953. Almost as long as ive been alive. But thanks to innovation, technology, advancements, were on the brink of changing this. And in very important elements of an American
Economic data. We have the Business Climate index falling to 108. 5 points in the month of may. That is versus a reuters consensus photograph for 108. 3. So slightly higher than expected. Its still a drop for the month of april. Thats when we saw 108. 6. A bit of a move in the euro hitting the days high. Lets look at the other data coming out, thats 103 in the month of may versus a consensus photograph of 103. 1. Thats shy of forecasts but the headline index is better than expected. We did have the index earlier this week some what disappointing. The pmi leveling off. Is this a sign of germany cooling off or seasonal factors in play . Overnight the German Finance Ministry came out and said were still expecting growth to pick up for the remainder of the year and they still have more than 1. 5 . Lets get to annetta who is live. Thank it away. Well thank you very much. Of course growth and unemployment and inflation are the big topics here and im joined by the chief economist at icd. Was
And the nasdaq up by just over two points. First, andrew has some of the days corporate stories. Good morning. Thank you, becky. Good morning to you. Gopro is expected to price its ipo after the closing bell. Its expected to be the Largest Electronics debut. To mark todays pricing, we have a gopro right here on the set, joe. Yeah. I dont know if you see this. Im now taking an image of you. Come of, come over. Is it a video gapemaker . No, no, its just the camera itself. We just said video gamemaker gopro. No, its a videomaker. It makes videos. You see the double box. Thats a little better for the viewers, probably. Nick invented it. Hes a surfer. He was surfing through bali, indonesia, australia and came up with the idea of want to go be able to like if you want to punished it on the front so you can videotape yourself while doing it. We have him on the show tomorrow. We can show my skiing stuff. Theyre waterproof, you play around with them. Weve also talked about what your plans were
Issue. Finally, the United States and europe need to get serious on alternatives. Practical projects that reinforce cooperation can help u. S. And eu approaches to climate change. I Hope Congress will find a way to allow the government to issue lng export licenses in a sufficient number for u. S. Lng to make a difference under an allied Energy Security act ian while not have an Immediate Impact it will not solve europes problems on the Energy Security it will be a very, very important political message. It would send the political message it would send is incall clabl especially to Vladimir Putin. By the way, i hope senator johnson in the course of the debate you will ask me what i think is ahead of Vladimir Putin when hes stopped short of invading the whole of the ukraine but maybe at another time. What really is at stake here in conclusion i would say is the cohesion and resilience of democratic and free societies. This is really an enormous task. And i do feel the United States must