David we are getting the tokyo session up and running. We have been out for 24 hours, no u. S. Trading overnight. Lets take a step back, it is friday. Goldman sachs came out with a note, 620 by 2018. We are currently at 567. The record high won was in 2007 at 588. Hopefully we get there. Yvonne hopefully, but the selloffs in china are the big picture. Given the steepness we saw in the late part of the session, you have to wonder if it is the start of a market meltdown. Most traders say, we are not quite there yet. There is a big rally we saw throughout the year, we are just taking money off the table at the moment. That is what they say. News get the first word with Haslinda Amin. Used aident trump thanksgiving address to the military to take credit for progress in fighting abroad and to warn americas allies could become the enemy. During the campaign he said u. S. Engagement was a waste of time. But now he claims his policies have turned things around. He told soldiers they would come
What is going on out there. Continues for the s p 500. This is 1172 on the bloomberg. At what has been boom,on since the dot com 1989. Expecting the index to hit 2800 by the end of the year. This is the s p 500, the blue arc showing the dot com bubble. A little under half an hour away from the open of markets. Look at what is going on. David, is there any real theme today so far . Gains, except for korea. Gdp at of india, pmi out of china. Here is a flavor of the equity markets. Everything but korea. Samsung, downn to over 3 . Morgan stanley cutting their call on the stock. Blue line is your consensus price target. You take the median there. 2. 68 is the stock price right now. Here is the spread between the two. The other thing i want to point hiking rates for the first time in seven years. This is the chart. We have seen the three year yield and the repo rates widen. Bond markets are saying they better hike. Another thing happening thursday , opec setting to extend the output cut. Ope
Congress passed a twoweek funding bill ahead of the deadline. Later, we talked to a reporter about al frankens host good morning, it is friday december 8 are the headline, congress reels from resignations. Said on the floor yesterday that he would resign from his seat here it the house side, republican franks of arizona will also step down over allegations that he asked female subordinates to bear his child. ,epublican line guest 202 7481 ,emocrats line 202 7488000 and independents 202 7488002. Arizona line today for residents. 202 7488003 host many of you just listend to al franken on the floor yesterday. This is what he had to say that he came to noon eastern time. [video clip] statesing in the United Senate has been the great honor of my life. I know in my heart that nothing i have done as a senator, nothing has brought this honor on this institution. I am confident that the Ethics Committee would agree. Nevertheless, today i am announcing that in the coming weeks, i will be resigni
All time shall be allocated and no debate shall continue beyond 11 50. Each member shall be limited to five minutes. The chair recognizes the gentleman from pennsylvania, mr. Kelly, for five minutes. Mr. Kelly i thank the speaker. I rise today to honor one of our football teams back home. This team this is erie cathedral prep, the ramblers from erie cathedral prep. This is an outstanding football teams. When we come here we often talk about things and we tend to talk about whats going around our district and what were proud of. These types of championships that are won, what happened last weekend, this is something that every Single Player will remember for the rest of his life, their parents will remember it, members of the community will remember it. You know, to be able to stand here today and talk about the ramblers is really an opportunity for me and truly an honor. This is the second straight pennsylvania quad a state championship. Cathedral prep beat charter last week by a score
Tns administration followed a different course. That is not the fault of the Congressional Republicans were the fault of the democrats. It is on the president. For my essay for the first year project as bill mentioned i wrote about the new johnsons role in the passage of medication in medicaid inmate 65 from which i draw six general universal guidelines for a new president can advance a legislative agenda. You can find them on the crucible volume in the lobby. [laughter] the specifics though if johnsons particular tactics are less than important than the overall point of the essay which is the political scale, policy and message discipline and overall vision of the president can be a crucial and critical fact or in how Congress Reacts to a firstyear legislative agenda. The legislative contracts between johnsons firstyear record, we gave him a pass on not and it reflects a lot about trumps limitations and also those of his administration, specifically an inability to develop a coherent