Good morning, guys. This postelection rally goes from strength to strength. The dow and s p are in record territory inching higher. Are we setting up for an all in, all go rally like the summer of 2016 . Our guests joining us now. A cnbc exclusive outlook for 17. John, waugh us throulk us throu think 17 is going to look like and specifically if all this enthusiasm about equities is transferring to a macro view. Certainly it does. Always good to start off a morning with a little eric clapton, but the market is a leading indicator. What the market and the yield curve are saying is were walking through a door of opportunity and certainly the equity market makes it easier to finance deals and make a lot more financial activity. I think peoples expectations for tax reform certainly have made an opportunity for greater Economic Growth. As far as our outlook goes, business equipment, Infrastructure Spending is improving in the year ahead and Consumer Spending really solid. So, yes, Financial
This is al jazeera live from new york city, im del walters. The backlash is growing around the world against donald trump. Take a look at this. It is the front cover of todays independent in the u. K. Saying ban him from britain. Now parliament will have to debate that issue because an on line petition demanding just that passed 100,000 signatures. Trump insisting he is no bigot for calling on the government to stop muslims from coming into the u. S. The bam map Administration Says that type of talk could put the u. S. At a National Security risk. Al jazeera has more. They can never, ever, ever come back. Its over. At the white house, Donald Trumps anti muslim rhetoric was portrayed as tantamount to aiding and abetting the enemy. At the pentagon, a spokesman said it would make it harder to recruit muslim allies to battle isil on the ground in syria. Anything that creates tensions and the notion that the United States is at odds with the muslim faith and islam would be counterproductive
From around the world over the republican runners calls to ban muslims entering the United States. Welcome to your world this morning. Im stephanie sy. Im del walters. The front pages of the independent says ban him from britain, an online petition has tens of thousands of signatures here in the u. S. There has been condemnation from both sides. It was said trump hints that he has the support to run as an independent, and the Obama Administration warns the harsh language he sues could put america at risk. They can never, ever, ever come back. Reporter at the white house Donald Trumps antimuslim rhetoric was portrayed as tantamount to aiding and abetting the enemy. They said it would be harder to recruit allies to battle i. S. I. L. On the ground. Anything creating tension, the notion that United States is at odds with the muslim faith and islam would be counterproductive to our efforts right now. And totally contrary to our values. In iraq, donald trump called for a ban on muslims ente
Nomination drew heavy fire today over his proposal to ban muslims from coming into the United States, much of that fire from his own party. But donald trump did not back down. He said he doesnt care about the criticism because he insists he is right, and trump is not without his supporters. Heres Major Garrett. Donald j. Trump is calling for a total and cleat shutdown of muslims entering the United States until our countrys representatives can figure out what the hell is going on. cheers reporter campaigning in South Carolina last night, trumps suggested muslim animosity towards america is widespread and conjured memoryes of 9 11. Its going to get worse and worse. Youre going to have more world trade centers. Reporter this morning would work. Reporter Top Republicans, like House Speaker paul ryan, were quick to denounce trump. This is not conservatism. What was proposed yesterday is not what this party stands for, and more importantly, its not what this country stands for. Reporter Rep
Nomination drew heavy fire today over his proposal to ban muslims from coming into the United States, much of that fire from his own party. Down. He said he doesnt care about the criticism because he insists he is rigig, and trump is not without his supporters. Heres major garrett. Donald j. Trump is calling for a total and cleat shutdown of muslims entering the United States until our countrys representatives can figure out what the hell is going on. cheers reporter campaigning in South Carolina last night, trumpp suggested muslim animosity towards america is widespread and conjured memoryes of 9 11. Its going to get worse and worse. Youre going to have more world trade centers. Reporter this morng would work. Reporter Top Republicans, like House Speaker paul ryan, were quick to denounce trump. This is not conservatism. What was proposed yesterday is not what this party statas f f and more importantly, its not what this country stands for. Reporter Republican National Committee Chairm