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Subprime mortgage crisis again, and how would they force a bank to give a riskier borrower larry thats right. Youre exactly right. Theyre so stupid, theyre repeating the same mistakes. Elizabeth youre the best, larry kudlow. Were going to the take you through everything a that larry just talked about and what the media is not covering about hunter biden in court today and what theyre not covering about President Biden. But first this this is now hitting the white house. Third bank failure in just two months, were talking First Republic. Three of the four biggest failures in u. S. History happening since march, and where will the next shoe drop . Kelly to grady live in los angeles with the story. Kelly. Reporter its great to see you, liz. And, you know, with First Republic teetering on the brink for a couple of weeks now ....
Abigail we have gains for the andr averages, the s p 500 the nasdaq higher. Weekly gain for the s p 500 and the nasdaq, the best weekly gain since december of last year. The bullishness we saw last year in the s p 500 in 20 feet teen into 2018. Extending there is one small divergence or difference, that is the russell 2000, down ever so slightly. But on the week it is higher. There is a bit of the tax theme to the russell 2000. It has been a bit of a proxy for tax report, and one company is saying it will be hit by the tax cuts or tax reform, Deutsche Bank. A 1. 8 billion tax cut, the shares down 5. 9 . The real culprit behind this weakness is Deutsche Bank saying its fourthquarter trading revenue action activity down 22 . That is weighing on jpmorgan and Goldman Sachs, both of these big theirderive much of revenue from tra ....
Carol we are here with megan murphy and lets a start with politics. I cant wait to see how the magazine handles the world of politics in this year. You start here in our home front. Mike pompeo has had a good year. Megan mike pompeo is the director of the cia and those names have been mentioned as a potential successor to rex tillerson. Our secretary of state has not had a good year and we will talk about his departure has cooled, there is a widespread feeling that his relationship with the president is not longterm. So mike pompeo has emerged as a personal favorite from the president. This means a lot to the president , who you get access to. His circle is very small and mike pompeo has become one of them. Julia how has he managed to cultivate that relationship with the president . One story that comes out is the daily briefings. How normal is it for the cia director to meet the president on a daily basis . Megan its more than that. How do they break down the information . A lot of pi ....
Lets start with politics. Cannot wait to see how the magazine covers everything in the world of politics this year. Front, t in our home domestic, member of the trump team, mike pompeo. Hes had a good year. He has. Usually you pick out people who years. D you have nikki haley and you have mike pompeo, director of cia. Both of those names have been entioned as potentially successor as Rex Tillerson as secretary of state who has not year. Good while talk about his departure has cooled, theres a widespread feeling that his relationship with the president is not stable long term. His circle is very very small. One of these things that have come out. How normal is it for the cia director to meet the president day basis . Its more than that. Ow would they break down the information with the president. I think theres two things about mike pompeo. Is ideological. Hes been out in defending the about nt in charges whether theres potential co ....
Murphy and lets start with politics. I cant wait to see how the magazine handles the world of politics in this year. You start here in our home front. Mike pompeo has had a good year. Megan mike pompeo is the director of the cia and those names have been mentioned as a potential successor to rex tillerson. Our secretary of state has not had a good year and we will talk about his departure has cooled, there is a widespread feeling that his relationship with the president is not longterm. So mike pompeo has emerged as a personal favorite from the president. This means a lot to the president , who you get access to. His circle is very small and mike pompeo has become one of them. Julia how has he managed to cultivate that relationship with the president . One story that comes out is the daily briefings. How normal is it for the cia director to meet the president on a daily basis . Megan its more than that. How do they break down the information . A lot of pictures, a lot of graphics. Ther ....