Progressiverudeaus mission stalled in beijing, with Sticking Points on all sides. Betty david, good to be with you from hong kong there. Favor,stocks today in those that will benefit from tax reform. But dont pull out the party have yet. I want to pull out this chart, g btv 339. It is according to vanguard, the index fund company that manages almost 5 trillion has drivenot of what the markets, the low volatility, the record runs in stocks, the record stimulus, the low wages, no inflation, that is about to end in 2018. Tax reform or no tax reform. They see more volatility to come, which means they see lower returns. Do not expect of those nice, juicy returns of the last few years any longer. David absolutely. It is almost impossible to , the conducive assumptions and realities we had in 2017 continue well into 2018. It is almost like mothers womb. It is a perfect environment, but do you get it in this harsh world, it which is what 2018 seems to be like. Analogy, we have been drunk on ea
Assets mario has a different idea hell tell you what it is coming up. Excitement over tax reform is helping to fuel todays market gains, Murray Energy ceo whos been a supporter of the president s says the senate bill is, quote, a mockery of tax reform, and his companys taxes will go up under this plan hell explain and make his case. Then pancreatic cancer one of the most deadly forms of cancer out there former Nbc Universal chair bob wright will join us at post the, talk about his new rush to take on a new push. Hes rushing on this, too. Oh, yeah. Hoping they can get an Early Detection test out there on pancreatic cancer. Lets start with todays rally, though. Dow was up 300 early on, were about half that level right now. Bob pisani has more here bob . Good news, folks, we are acting rationally in the last five or six days so the sectors in the stocks that might see the biggest earnings boost from the tax cut are the ones that have been moving the most in the last five, six day. Its hap
There is rotation taking place record, the dow hits a not so for others that are under pressure. Garth from growth to value and you have benchmark with the growth and the credit keeps Interest Rates at an is belowre and this go up here andl here a big move expected and it suggested that this arquoise line will be aneficiary and there could be with thisation here areiction for 2018 and we here. To kick things off we are seeing the direction go down for equity markets here in japan and the stocks are is upng and the share marginally at the open. Now, this is a top pick and this trades at a session high with retailers reversing earlier declines sparked. Kiwi is finding support and this is becoming flexible. Look at thiscloser the that will come out and are performing well and you have one of the weakest down and of microchips in on this check position that extends after anding to a fivemonth low gains ase are slight there is a deal to build andented reality displays has kept climbing and
Argue u. S. President s can only designate national monuments, not downsize them. Trump also plans to shrink the Grand Staircase escalante monument. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this. Bloomberg technology coming up, disney takes the lead come emerging as a front runner to acquire the bulk of 20 of a boxs media empire century foxs media empire. All bets are on. Early bitcoin investor offers his take as the worlds Biggest Exchange operators prepared to begin trading futures of cryptocurrency. And next week, big boat on Net Neutrality as pai the starting to go back. Permanent text investor who has been accused of Sexual Misconduct says he is taking a leave of absence from his duties a. Five women who met him in a professional context told bloomberg they were essentially acros assaulted sexually assaulted or harassed by him. One says he groped her at an uber holiday par
Gop leaders delete a house vote for a shortterm budget bill to buy more time to sell divisions to avert a government shutdown. By leaders plan to vote tomorrow. Federal funding runs out midnight on friday. The bill would keep agencies open until december 22. Native american leaders are suing to block President Trumps decision to cut utahs National Monument by about 85 . The coalition of five tribes argue u. S. President s can only designate National Monuments, not downsize them. Trump also plans to shrink the Grand Staircase escalante monument. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is Bloomberg Technology. Coming up, disney takes the lead come emerging as a front runner to acquire the bulk of 20 of a boxs media empire century foxs media empire. All bets are on. Early bitcoin investor offers his take as the worlds Biggest Exchange operators prepared to begin trading futu