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Transcripts For CNBC Squawk On The Street 20180112

Cramer and david faber futures on the move off the highs, retail sales are solid and 2year hits 2 Bank Earnings as a highlight as earnings season kicks in europe is mixed and oil is giving back gains. Our roadmap begins with the big banks beat jp morgan and wells and black rock with better than expected quarterly earnings. Wall street is eyeing fresh record stocks getting a boost from strong corporateresults and a bullish sign for the economy. West wing vul garts, the president mixing a bipartisan immigration deal and denying offcolor language. Jp morgan chase, wells are both mixed and jp morgans released, jamie dimon expresses optimism about the new tax law. The enactment of tax reform in the Fourth Quarter is a significant positive outcome for the country. U. S. Companies will be more competitive globally which will ultimately benefit all americans. The cumulative effect of retained and reinvested capital will grow the economy and growing jobs and wages we have always invested even i

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