World in 90 seconds. Its concerning and the details still coming in. The chief of staff says hes doing fine, doing really well. Doctors have a couple of theories about his ailments. President george h. W. Bush hospitalized in houston. At 92 years old, hes the oldest living president. So much tension and discord over the last few days by the reckless and irresponsible tweets by the president elect. I dont like tweeting. I have other things i could be doing, but i get very dishonest media, very dishonest press. Well give a green light to people with all the hacking going on. The president commuted the sentence of Chelsea Manning. A lot of the criticism is coming from individuals in the Republican Party who supported a candidate who applauded wikileaks. A tough day of questioning for the education nominee, betsy devos. Do you think if your family had made hundreds of millions in contributions you would be sitting here today. Orlando Police Capture the man responsible for the murder of a p
But most analysts have not changed their 2017 estimates to reflect trump gentle. Some say 20 growth could be possible. Thats why the markets are like a tightly coiled screen. A lot of pressure to perform big in 2017. Energy in particular is expected to rise a whopping 366 this year. In fact, analysts have factored in a 100 increase just for exxonmobil. Is any of this remotely possible . Some believe it really is. Rich bernstein, for example, the ceo, Richard Bernstein advisers is in the camp that earnings will expand for several different reasons. First, trump may not get everything he wants but he is not going to come away empty handed. There will be a reduction and there will be some kind reduction many regulation. Second well get some kind of Stimulus Program. It is unusual to get a Stimulus Program when the economy is improving but it is going to help earnings. Certainly for industrials and materials. Third, the Global Economy is improving and we are no longer in a global deflation
For the first time in two years. Could a trade war with trump derail all of this . Live in davos, im erik schatzker. Warns, brace for the trump slump. He tells bloomberg the president elect will fail and so will markets. The billionaire investor didnt hold back. Him as andescribed and aer and con man wouldbe dictator. Bullish on the United States. Toyotas chairman said the automaker has full confidence in the u. S. Market. And the view from inside the ecb. We speak to the governor of the bank of france at 11 45 london time. Matt thanks very much for that. Looking forward to all the coverage out of davos. Weve got a lot coming up with tom keene as well. Definitely stay tuned. Just a half hour until the european open. Lets look at where futures are trading. We were down across the board yesterday. The ftse down the most of the european indexes, half a percent. Looks like the ftse is the only one trading up in futures today with the exception of the ftse mib in italy. It doesnt look like
It is inauguration day. So early in the morning. Alreadyre is i amendments to it, things in washington that are so different than anything we have seen in our lifetime. And many people would say pretty much within the modern political ear. It will be different today in washington. Nrancine like its bee different for the last six months. A busy show from the u. S. Treasury secretary and the harvard present emeritus, larry summers. Then the riksbank Deputy Governor. Secretaryato general. Lets get to bloomberg first word news. Donald trump has promised to unify america as he prepares to move into the white house. Speaking on the eve of his inauguration in washington, he vowed to carry out his campaign wages to harden the borders and strengthen the military. Mr. Trump it is a movement that started and it is a Movement Like weve never seen anywhere in the world, they say. Theres never been a Movement Like this. And its something very, very special. And were going to unify our country. And o
Billionaire investor george soros brands trump a wouldbe dictator, who is going to fail, and warns markets will reverse one he takes office. Its too early to taper. Thats the message from ecb executive board member Benoit Coeure, who tells cnbc exclusively the Central Banks policy is still working. Too early to have that discussion on when it ends, and even when we taper. That discussion has not started yet, because inflation is not firm enough, sustainable enough. That will come that will come later. Theresa may meets top wall street bankers as a slew of lenders unveil plans to move jobs out of london. But the uk Prime Minister tells cnbc the country is open for business postbrexit. Was were doing is setting up clearly for people what the position will be. Im optimistic, i expect to negotiate a good deal. But we wont sip up to a bad dea deal. The day has come. Its january 20th. We are less than eight hours away until donald trump takes the oath of office at the inauguration. The final