Speculation continues to build that the fed and fastmoving energy pricings are driving the stock market. Anthony all this is playing into the election season. Rob, where do you think the markets are in the economy . We needed to pull back and thats what we are seeing. Its been modest. I think it will continue to be modest. Remember what happened in brexit. There is a tremendous amount of money on the sidelines waiting to be invested. Its been a doubting thomas market the whole way. Intermediate term we are still constructsive on risk assets. You have the backdrop of supportive policy, low inflation and accelerating growth. If you look longer term, the effect few quarters into 2017, we think that macro backdrop continues to accelerate and earnings do well, so we are forecasting a Pretty Healthy risk asset environment after the selloff. Anthony rob, do you see it the same way . We are stock pickers. And we have an overall vision of 5 to 6 to 10 years. We see wall street to main street do
That puts us on track to achieve that goal, over the next we 10 years, Economic Team estimates under our plan the economy will average 3. 5 growth and create a total of 25 million new jobs. You can visit our website, just look at the map. It works. [applause] this growth means our jobs and plans including our childcare reforms my daughter is involved in will be complete. Will be completely paid for in combination with proposed budget savings. It will be deficit neutral. If we reach 4 growth it will reduce the deficit. It will be accomplished through a complete overhaul of our tax, regulatory, energy policies. Right now, under the Obama Clinton policies the economy grew only 1. 1 last quarter. A number that was shocking to people that do this professionally and for life. It translates into millions of lost jobs and certainly millions of lost good jobs because we dont have good jobs anymore. Those jobs are gone and going. This is the weakest soc recovery since the great depression. Over
That was going to be demanded here by the European Commission were huge. What weve got here in 13 billion is significantly away from challenge the ruling. And youve got the u. S. Treasury that they feel companies, u. S. Firms operating europe are being targeted unfairly as well. I think behind the scenes here, theres going to be a lot of kons nation at the significant size of the charge reform in the interim because if the tax laws there change and some of these companies repat rate the cash theyre holdi ing overseas, thats moves the cash out of the way of the European Legal system. Then will they ever get the money back. If they do push for a legal challenge here, the question is whether europe gets hold o tv monof the money or not. Well have more from your later on this hour. In terms of talking about what it means. Number one, youve got the eu. Ireland entered into this in gait v good faith. Apple entered in in good faith. Obviously the country says they can do it. Do the system. Wo
Somebody sneezes. Thats silly. John just try to Say Something controversial. A new movie reveals many people cant take a joke. I say you can say that. Thats our show tonight. John so many protesters are object rulessive and i want to shut them up. But you cant. The only limits are you cant directly incite violence. You cant shout fire in a crowded theater and you cant cheat people by lying about something. But aside from limits like that, you can say that. The First Amendment prohibits government from stopping people from speaking. Thats help keep america free. Today donald trump and Hillary Clinton want new limits on speech. Especially during elections. They want to ban flag burning. Isnt that a form of speech in burning a flag . And talk about censoring the internet to prevent terrorism. Closing that internet up, somebody will say freedom of speech. These are foolish people. We have a lot of foolish people. John kmele foster, i guess trump thinks you are foolish. Both donald trump an
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