Charles great to have you on we could see the finish line. We can see it. Yes. I think its there. Charles i think its there, but theres still a little bit of pushing and pulling and i think it feels like the house has the most confidence going into this. Theyve been on the same page together, i think theyve delivered closer to what President Trump wanted. So how do you see this coming out the final version of this bill . Yeah, well on the tax plan first we just had a cr vote with all 218 republicans passed in the budget so thats a good hint , we had Conference Last Week and this week, and leadership said were all on the same team so while that holds that is just tremendously good news so on the tax bill, i mean theres a few things hanging out on the senate side. The senate side delays the corporate rate reduction until next year and hopefully they fix that up the amt like you said is in play and theres a few other pieces but the senate also did good heavy lifting getting rid of the ind
Along with other white house staffers so this is a relatively large group for this meeting you remember, last week they tried to have this meeting and the democrats didnt slow up we saw that visual of the president with the empty chairs on either side of him waiting for chuck and nancy, Chuck Schumer and nancy pelosi, to attend the meeting they never came. Today theyll be here. We should see all these chairs filled today what theyre going to discuss, though, is a mystery weve seen a dampening of the tone going into this meeting both sides know theres a lot at stake here in terms of a potential Government Shutdown as early as tomorrow if they dont get a continuing resolution to kick the can down the road another two weeks in terms of government spending. So Sarah Huckabee sanders just briefed the press within the past hour or so, and laid out sort of her expectations from the white house perspective of what well see in the meeting. Heres what she said in terms of the Government Shutdown
We will explain. First we start off with a record day for the markets the dow soaring triple digits closing at a record high the s p 500 joining in on the party as well. Nasdaq a bit behind, making a comeback today after a tough month for the composite. It looks like the perfect recipe for a rally. Big jobs number this morning, President Trump signed the bill to avert a Government Shutdown and its full speed ahead on tax cuts do you just keep buying til the end of the year and maybe even beyond, guy . Weve been saying that all along. One of the things weve said earlier this week, despite the fact that the market seemed volatile, the volatility index continued to go lower, down 5 one day, 5 the next day today it closed at 9. 5 , the lowest level weve seen in quite some time. Despite the warning signs, the vix doesnt care to answer your question, some exogenous event is out there, i dont see it as we get closer to closer to christmas, this thing will continue to grind higher a couple of
Yesterday stocks had steady gains throughout the day the s p 500 snapped a threeday losing streak and the dow was up for the first time in three sessions overnight in asia, nikkei was up by 1. 4 . Hang seng positive, up by 1. 2 shanghai composite up by a half percentage point breaking news out of europe. Uk reached a brexit deal with the European Union willem marx has more on that story. Good morning good morning. This is good news for theresa may, the british prime minister, she can go back to london from brussels and present her cabinet and the country with evidence shes managed to get the conversation moved on to truck being britains future trading relationship with the European Union, a major factor driving that brexit vote last year in terms of the european side, theyre happy that some concerns have been addressed, specifically over the irish border neither side wanted to see a hard border between Northern Ireland and the republic of ireland. Leo varadkar, the irish prime minister
Wallet hacks all of that isle coming up and more. See how we have to quote two different bitcoins because they trade in multiple places. Next, critics said truckers would not want an electric semi. Weve seen a number of new corporat corporate orders for teslas semitrucks a deeper dive on whats behind those buys. Thats a coo l story. Major biotech conference kicking off this weekend which companies could be big movers come monday after their data released. First to our top story, the november jobs report come inninn better than expected Steve Liesman joins us to break down the numbers. Michelle, this is a good number but o bit of a mystery when it comes to the jobs market the job market never gets tight. Take a look at the numbers, up 228,000. Overall impression from economists we should be slowing down job growth to better equal average hourly wages did not tick up, the Unemployment Rate did not change, neither did the Labor Force Participation right. Heres what ubs said, showed above