Pete suratos is live at Oakland City Hall where the ceremony wrapped up. Pete, what is her message . Whats the feeling you get from her . Reporter good morning to you, kris. Chief Anne Kirkpatrick kept repeating the need to transform the department, working on a culture change following a year of scandal within the department. And of course, her role made official during the swearingin ceremony. You see oakland maryor libby schaaf taking part. A number of Police Chiefs in attendance. Chief kirkpatrick mentioned the importance of transforming the department and keeping the city safe and showing strong support for the officers she will be in charge of. She brings in a wealth of experience as a 34year veteran of Law Enforcement serving as police chief throughout Washington State including spokane. She worked in chicago recently. This comes after a sex scandal rocked the Oakland Police Department Last year. I asked her this morning, what would be the message to folks who are skeptical of t
We will learn later today. A saudi rate output confirms its commitment to stabilizing the market. Questions swirl about opecs ability to manage the price of oil. Let us take a look through 30 minutes until the cash trade right now at the futures action here in europe. We are looking at gains across the board. Fight gains, but nonetheless, green arrows there, slight gains, but green arrows. What do you see for bonds . Guy want to talk about the pound. Bunds pretty critical as well. Let us deal with the first columns. Let us talk about a bit about what is going on here. Im not sure exactly what scream we have got which screen we have got up at the moment. Let us see what happens when i move this. I think that is going a little strange. Anyway. We will come back and talk about the markets in just a moment. Let us go to Juliette Saly for the first word news update. Guy, thank you. President donald trump made more than 152. 7 million and paid 38. 4 million in federal taxes in 2005 according
Live coverage underway now here on cspan2. [inaudible conversations] [inaudible conversations] [inaudible conversations] good afternoon. I am the executive director of the center for law economic the finest here at gw. The senate as a think tank is on to be a focal point in d. C. For the study integrated major issues, this is a law, entrepreneurship. We are excited about todays program. We have the best, so the best experts coming with different perspectives to discuss the use housing cost the 2000 financial crisis, what is the right policy for the future course for all audience members we are live right now on cspan2. So just so you know so they can ask questions, you will be broadcast to the world. Before we continue i would like to introduce you to the dean who is elderly Family Public service at gw law school. Thank you to ill be brief. I just want to express my thanks to all the different Peter Wallison with whom i agree on many things but disagree on many others. I bought this bo
Good morning, guys. This postelection rally goes from strength to strength. The dow and s p are in record territory inching higher. Are we setting up for an all in, all go rally like the summer of 2016 . Our guests joining us now. A cnbc exclusive outlook for 17. John, waugh us throulk us throu think 17 is going to look like and specifically if all this enthusiasm about equities is transferring to a macro view. Certainly it does. Always good to start off a morning with a little eric clapton, but the market is a leading indicator. What the market and the yield curve are saying is were walking through a door of opportunity and certainly the equity market makes it easier to finance deals and make a lot more financial activity. I think peoples expectations for tax reform certainly have made an opportunity for greater Economic Growth. As far as our outlook goes, business equipment, Infrastructure Spending is improving in the year ahead and Consumer Spending really solid. So, yes, Financial
Just how long can this last . The dow is up 6. 5 , the russell up 15. Is this getting ridiculous . I love its been rotation and we had a broad participation. That was great. We saw volatility down to the 52week lows and we started to bounce off that as well. People are looking and joe and i were talking about this, the volatility starting to come back in, scott, from the lower end of the 11s. When you look it at the oil index which we talk about here, it was 55 november 29th. Its in the low 30s. That gives you an idea how much volatility is coming out not just the s p but you look at oil as well. Dr. Parker, i presume, welcome back. Good to have you here. Whats your view on the rally . Im blinded by everybodys rings. Welcome back. The sweep has been a big change. Now were looking at the opposite which 2017 is a year you have this tension between rising earnings and lower multiples and so i think its going to be an inflation trade at some point. Im mindful of that. How about we talk abo