down the business world it suddenly goes down well on the trading floor brian because his election victory is going so well down with investors japanese stocks hit their highest level since nine hundred ninety six the nikkei climbed daily one percent extending its longest winning streak in nearly seventy years so it seems the markets are celebrating the continuation of no makes three arrows policy of monetary easing fiscal stimulus and structural reform now since the start of japan s nikkei index of loot chip stocks has soared by one hundred and five percent in mid october that was shortly before the snap election the nikkei jumped to twenty thousand eight hundred eighty one points its highest level in twenty years but pumping billions of yen into the system has also boosted japan s sovereign debt and the third and possibly the most important arrow off makes namely structural reforms has not yet been tackled unemployment is down but salaries aren t moving
is a very delicate thing. gregg: there seems to be no end to them. one after another after another. they are more willing to give up their own life which to most rational people is insanity. absolutely. look, we should be clear about this, terrorism isn t a constant. it s not like the weather. haven t always had radical islamic attacks in the west. they really only started in the 1980s and they were product of three specific geopolitical events: the soviet invasion of afghanistan, the jihad against that, the iranian revolution against the shah, and the grand mosque takeover in saudi arabia after which the saudi s began pumping billions of dollars in radical mosques around the world. this has effects, this has caused us. we can counter those classes into modern-day. patti ann: andrew, thank you for being with us. patti ann: stay with us, our special extended live coverage of the deadly london attacks continues next five coming up
obamacare. that directive is a first step in the effort to work with republicans in congress on the full repeal of president obama s signature law. byron york with us here, nice to see you, put that in english, what does it mean his directive to ease the burden? this could be really, really important. although it doesn t make any specific directive, it doesn t enact anything at all, but we all know obamacare is struggling right now and the administration, the obama administration took a lot of steps, kind of emergency measures to keep it stabilized. they ve been pumping billions of dollars to insurance companies, other things that were not appropriated by congress and solely on the executive authority of the president. so you have a new president, he doesn t have to do that. so, basically, what the trump order says, it orders all of the department heads who were involved in this to stay within the law, not repeal obamacare on their own, but
and mutual funds track, 29%, the biggest jump since 1997. in a typical year you re looking at a gain closer to 8% for s&p 5 500. fed stimulus. the fed has been pumping billions of dollars a month. it will start pulling back on that. contrary to what we may have expected it hasn t spooked the market at all. it shows it has confidence that the economy looks like it could start to stand on its own and that gives investors confidence, too. as we begin the day, the dow is up 16 points. we will see how the dow does. even any minute gain for the dow, kyra, means yet another record high. kyra? always cheering more confidence in 2014. i hear you. alison, thank you so much. for the 74 people on the stranded research ship, they have a lot of confidence in antarctica, that s for sure. the new year has already
gains in manufacturing an health care. what do you see these numbers telling us about the recovery? it s a much better report than we expected. the wall street consensus was for about 125,000 jobs. so i think this tells us a couple things. first of all, that the private sector did not layoff as many people in response to the shutdown as we expected. they may have only put them on shorter hours which might explain the rise in part-time employment better was talking about. the second thing we could interfere is the fact that the private sector continued to hire as many people as they did despite the shutdown suggests there s underlying momentum which i think is because the headwinds tha been holding us back, suches athe weak housing mark and the fed ceral sequeste has started to fade. the dow is up 77 points, the s&p 500 up about 10. peter, in addition the fed has been pumping billions into the economy each month. does this jobs report change any of that?