And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones.
Good monday morning. Welcome to squawk alley. Jon fortt, sarahizesarahi iize. Interesting action this morning as we get a lot of things handed in our way. Bank earnings began on thursday, yellen tonight at 4 00 eastern time. Got some geopolitics to watch as Rex Tillerson makes his way to moscow. All of that with continued low volatility, even though bond yields did tick up a bit on friday. I think with the yellingen comme yell enclents later, it will be interesting to see if she mentioned the much weaker than expected jobs number on friday, whether that represents any speed bump in terms of growth or whether the 4. 5 Unemployment Rate best since 2007 should be applauded and will keep the fed on track to raise Interest Rates two more times this year as theyre scheduled to. People, jon, talk about the list of new his sligh s shrinki. Tesla once again to 310, amazon not quite an alltime high, but two big bullish analyst calls this morning. And everybody led by elon musk who cares about th
Spend, now were treading who is making that argument, neil . Who is making that argument . I dont know, im just using an example. Thatsth worst example. We can use better examples. I will let you talk, i promise. If we wipe that out, and you dont want to do that, i dont want to do that, we wiped it out. You know the government is still in the position of running in the red. So then what are we bragging on to get back to the things that you think are important . I shouldnt have to answer the question of how to handle the deficit that the government created. Im not a government official. I wasnt elected into office to solve nese problems. Im a tax paying citizen, a young person that is speaking opportunities and in a system that is unable to provide it, regardless of what the argument is and i say that this system of capitalism has proven itself ill legitimate and it cannot provide basic things like education, shelter, health care. We need to readjust how we view our society and someone
Especially crazy Capital Gains tax, which will be the heist in america history. That hurts investment, small businesses. So, if you want to be like france without the charm, thats what shes going to do to the american economy. Make the obama years look like the roaring 20s. Making no bones about this, bruce. She had an interview with the daily news. We have just the audio of that interview. Lets play the tape. Im well aware this is a heavy lift. I understand that, but i think connecting what im asking for to the programs, to the outcomes and results that im calling for, dwgive me a stronger hand d thats how im going to go at it. She calls it a heavy list. Can we afford that, bruce . Well, i think what she wants to do is party like its 1999 and 98 and 97 and 96 when the deficits went down when her husbands tax plan, it did raise tax, but they paid down deficits. I think the Tax Policy Center says it would reduce deficit by a trillion dollars and i dont think thats a bad thing. Rich, the
Especially crazy Capital Gains tax, which will be the heist in america history. That hurts investment, small businesses. So, if you want to be like france without the charm, thats what shes going to do to the american economy. Make the obama years look like the roaring 20s. Making no bones about this, bruce. She had an interview with the daily news. We have just the audio of that interview. Lets play the tape. Im well aware this is a heavy lift. I understand that, but i think connecting what im asking for to the programs, to the outcomes and results that im calling for, dwgive me a stronger hand d thats how im going to go at it. She calls it a heavy list. Can we afford that, bruce . Well, i think what she wants to do is party like its 1999 and 98 and 97 and 96 when the deficits went down when her husbands tax plan, it did raise tax, but they paid down deficits. I think the Tax Policy Center says it would reduce deficit by a trillion dollars and i dont think thats a bad thing. Rich, the