Increase you dont have to sell your stocks to beat some kind of Capital Gains rate that is quo going to be punitive for rich people im not saying it is solely business as usual. But i am saying that if you own tech stocks, which a lot of people do, there is nothing to keep the stocks from going higher remarkable night, pollsters seem to think there would be this blue wave that got avoided if anything, there is, i think, a recognition that whatever the heck we had before election day seems to be the same after so, david, you know, i feel kind of business as usual for us. Well, it is, carl, not business as usual this morning as you say as the votes continue to be counted in important battleground states. Three you mentioned. Want to add georgia in there, potentially North Carolina, still those early votes, carl, being counted and tabulated and were paying close attention we are, guys. In fact, front and center this hour, the president ial election remains unsettled as voting continues as
He has been a member of the faculty of Southern California noted by Time Magazine is one of the greatest minds. Appearedms work has in many different works. Jonathan is a member of the Advisory Board for the state financial board. Joining us to kick off remarks and share more information about the top trends in the 13th edition is jonathan williams, then arthur laffer, and steve moore. You can ask questions by dropping them into the box at the bottom of your screen. Jonathan, why dont you take it away . Good afternoon, everyone. It is such a pleasure to work with my good friends on this project. Going into our 13th edition that will be released tomorrow. This is been top of mind on how do we exit this covert environment in a way that makes us more prosperous. Have goodarch will comments on that. Art will have good comments on that. Lets get to the top 10 and bottom 10. At the rankings based on 15 factors. Regulation, policy, things that dr. Laffer has looked it over the decades. Also,
Latest work. All after words programs are available as podcasts. Host its perfect to be with you. I know we talked at the university of california Washington Center several years ago but its nice to see you again and your book, breaking the twoparty doom loop weaves history, Political Science and concrete reforms together and they really for knitting way and in a way that really resonated with me and was a pleasure to read. Its an important book. To pull back a little bit and ask why do you want to write about Political Parties because i know the first book was focused on lobbying. And in th a universe of potentil reform, the electoral college, one of the biggest ones money and politics you chose to focus on th parties as a linchpin. Can you talk about what drew you to the parties and the process . Guest why did i write this book . Because i was worried about american democracy and i saw a hyper partisan ship as a serious problem in the country and wanted to think about if there was so
It is nice to see you again. Your book, breaking the twoparty do with the mystery of Political Science and has garnered a lot of attention. I just want to start out by pulling you back a little bit and asking you why do you want to write about Political Parties . Your first book was focused on lobbying within the universe of potential reform college and money in politics and executive power, you chose to focus on parties as the linchpin. Can you talk about what drew you two parties in the process . Its good to be with us light reunion here on cspan. So why did i write this book . Because i was worried about american democracy and i saw hyper partisanship as a serious problem affecting the country and wanted to see if there was a way to solve that problem. It imploded it directly from my previous book which is about corporate lobbying the map book had concluded one reason why lobbyists were so powerful in washington dc was because they broke a lot of laws there wasnt knowledge or expert
Lifeline. We will hear from the Morgan Stanley ceo on the big 13 billion acquisition of e trade. Paul. Paul thanks, emily. Lets check on how futures are looking in asia. Looking like a much quieter day than yesterday. Sydney futures looking fairly flat right now. U. K. Futures looking weaker by 0. 4 . A bit of a move down in costly futures. We saw u. S. Markets ending modestly low. Concerns about earnings downgrade. More on that later. New zealand also trading right now. Currently flat. Emily thanks. Lets get a check of where the u. S. Markets closed today. Taylor riggs is in the newsroom. What were the highlights . Taylor sort of a risk off day. Really 500 Big Companies leading the losses. Bonds rallying five basis points after the crucial 1. 51, and the yield curve is inverted by the most since october, six basis points. Take a look at the chart in my terminal that put the selloff into perspective. The chip performance relative to s p 500 performance is still near an 18 year high. On