And a sudden turn of events. A freshman republican with a documented history of publicly supporting dangerous and violent Conspiracy Theories refusing to back down when faced with her own words and also a Republican House conference that despite a dramatic meeting last night, that went late into last night, they have decided to do nothing to rebuke her and what she stands for. So today there will be a full house vote on a measure that will strip Marjorie Taylor greene of her committee assignments. A vote that will also force republicans to go on the record on where they stand when it comes to the Conspiracy Theories that led to the January 6th Insurrection on capitol and are being embraced by some of their own members, some of the new members. And as you could see in Marjorie Taylor greene. Well hear this house from the white house. Theyve taken a Firm Position they are not going to discuss Marjorie Taylor greene from the Briefing Room. But will the president s Press Secretary have a r
To do in these extort every times. You can see the closing levels for the day. Scarlet looks kind of mundane, a welcome breather for everyone. This is the first time in nine days we have not seen a 1000 point move in the industrial average. We have been seeing 1000 plus point moves every day the last eight sessions. Today, we break that streak. The s p 500 up 0. 5 . Keep in mind that we will have quadruple witching tomorrow. The excitement begins again. Romaine fulltime saying that could bring relief to the market because once we get that, it gives an opportunity to reset on volatility. Some of the individual movers. There are some big names. Uber up 30 today. Cisco of 20 . Slack up 16 . There are people bottom fishing, saying some of these stock valuations have gone down too far, too fast, and there are some longterm opportunities here. That are some of the names investors saw worth buying. Scarlet scarlet the faang index rising 8 . Clearly people seeing value in the big cap tech name
How good is this for the rest of us . Will this make any difference . Mr. Kudlow i think it is better than nafta. I think it is broader than nafta. It updates nafta. In some important new economy ways. You have domestic content and labor issues which have been resolved. I think financial and digital services. We will get a lot of investments. I pulled out some of the estimates. A lot of people were quoting numbers. On theve wide ranges u. S. Economy. This reflects uncertainties about better investment and better risktaking. That is a gigantic number. There was a very wide range of 35 basis points on 1. 2 . Those are big numbers. That is why we thought this was a template of a trade agreement. Is very growth substantial. Worker defense, domestic content, very substantial. Really, this is our big trade partner. I know china is a sexier topic. The reality is, total trade with is basicallyxico slightly more than twice what it is with china. Could this be a template for trade agreements . M
The u. S. And the consumer at times. And did somebody say recession . Let us talk about these issues with larry kudlow. Please welcome them. [applause] hello, larry. Please take a seat and make yourself comfortable. Let us jump right into it as we have a lot of news this morning. They pelosi Just Announced democrats and administration have reached an agreement on the deal. Exicocanada how good is this for the rest of us . For the u. S. Economy . Will this make a difference . And is it any better than nafta . Mr. Kudlow i think it is better than nafta. I think it is broader than nafta. It updates nafta. Particularly in some important new economy ways. The way this was designed by ambassador like kaiser ambassador robert lighthizer, in a bipartisan sense, you have domestic content and labor issues which have been resolved. You also have new economy issues in particular intellectual Property Rights which have never been put in one of these trade agreements before. I think financial and Di
[applause] hello eric, please take a seat. Make yourself comfortable. Lori larry. We have reached an agreement on the u. S. Mexico candidate deal. How good is this for the rest of us . We have reached an agreement on deal. S. Mexicocanada mr. Kudlow i think it is better than nafta. I think it is broader than nafta. It updates nafta. Particularly in some important new economy ways. The way this thing was always sense,d in a bipartisan you have domestic content and labor issues which have been resolved. You also have new economy issues. In particular, intellectual Property Rights which has never been put into one of these trade agreements before. I think financial and digital services. They are going to make a big difference. We will get a lot of investments that we might not have had. I pulled out some of the estimates from the International Trade commission. A lot of people were quoting numbers from the itc. Lower numbers. But actually, they gave wide ranges on the u. S. Economy. The r