Doc, they draw the live. You get taxes through and go to 2850 on the s p. Okay. You dont, you get an air pocket pretty quickly of 5 to the downside that sound all right with you . I think that when we hit the new year, when we ring in the new year, if we dont have a tax plan passed, judge, we will see an air pocket. Dont know if its 3 , 5 . I doubt if its much more than that, but thats, like i say, a little over a month from now what im looking at if it doesnt pass, so not this week, but i think they will do it into the new year if that doesnt pass. Jim lebenthal, this goldman prediction about where things go they see the market continue to go up over the next couple of years, not nearly as much as they do in 18 they are lacking for a nice doubledigit gain. Things slow and multiples plateau and theres the price targets and wellknown by many viewers on this network of where they think this stock will go. David is a very, very smart strategist i worked with him 15 years ago and is extrem
The chart of the day, check out the yield curve. 210 spread. Points, we have seen the biggest decline in that 1980 ore like 2007. David what happens when we get to 50 . Do we have confetti . Alix that is bad. Get u. S. Adp5, we employment change data for the month of november. In london, Philip Hammond will be speaking at the Treasury Select Committee at 9 00. In washington, President Trump is set to make a statement on moving the u. S. Embassy in israel from tel aviv to jerusalem at 1 00 this afternoon. That is coming up today. Our top story this morning with the daybreak first take. Risk off markets overnight. Bitcoin hitting new heights. Of course, brexit because we always have to talk about brexit. Joining us are Lisa Abramowicz and joe weisenthal. Lets start with the risk off. What is going on . Joe good morning, i have no idea. It feels to me like the themes are international enough such that it is hard to point to one thing, except that a lot of things that have been working ver
Here now talking to the people who hosted that party. Reporter the guest that was hit was very fortunate and the bullet lost a lot of its velocity before it struck her. They are sure where it came from. As midnight arrive so did the gunfire. This was like any Backyard Party one dozen friends having fun and popping open the champagne. And in the moment no one even realized that someone was hurt. She felt something and she said i got a shot. Reporter the 22yearold victim and the People Holding the party are recent immigrants. They showed where the bullet pierced her and drew blood. She was quiet. And she didnt want to scare us so she didnt say anything. Reporter Police Believe that this spray of automatic gunfire is because they got a call about it a half a block away from davis street. The likelihood is that it came and struck the ground and ricocheted and lost velocity then hit her. Reporter of foot or two closer it could a foot or two closer, it couldve been critical. Police have the
And im kenny choi. Da iranpou. Good morning, its tuesday, january 2. Im emily turner in for michelle. And im kenny choy getting a check on weather and traffic. Weve got the king tides being tracked. Back to action for us. Hears what were experiencing this morning, cloud coverage and super moon and wolf moon in january. Really hard to see. May look overall brighter but all the clouds impacting the view of that moon. Hopefully saw it yesterday afternoon. It was very impressive and look whats also off the coast and watching this chance for rain expected to arrive. Its looking pretty good across the bay not seeing many patchy fog in many areas and the north bay clear. Big and bright and partly cloudy skies out of the rain thatll be arriving tomorrow. These are your headlines on this january 2 of 2018. Temperatures right now in the 40s and 50s. So does feel a bit warmer than what we had at this time yesterday and this afternoon, temperatures will feel really comfortable in the mid to upper