Squawk alley. Morgan, thank you very much. Good morning. It is 8 00 a. M. At snap headquarters in venice beach, 11 00 a. M. On wall street, and squawk alley is live. Starting from the bottom, now were here starting from the bottom, now my whole team here startied from the bottom, now were here started from the bottom, now the whole team here good thursday morning. Welcome to squawk alley. Jon fortt, sara eisen with me here at post 9 along with Business Insider ceo henry blodget. Good to see you this morning. Good to see you. Eight years in and still going strong. The s p rallying nearly 250 since hitting that closing low of just over 676 on this day in 2009. This is the second longest bull market ever. Oil, on the other hand, falling below 50 for the first time this year. Of course, had the worst day yesterday in about 11 months. Just to put the rally into perspective, henry, would you have been skeptical of for a long time, more now than ever . Yes. The higher we go on valuation basis
Its actually seen by many, though, as a fullon sprint by the partys conservative members, saying in no Uncertain Terms to leadership, slow down. Were expecting to hear from House Speaker paul ryan any minute. Will his optimism, i do wonder, endure from yesterday . Well take you there as that begins. Over at the white house, President Trump is trying to strike a deal. But if it doesnt work, if that deal does not work, hes got a backup plan. Let obamacare fail and blame democrats. Right now lets get back to capitol hill and listen in to House Minority leader, the democratic leader nancy pelosi, speaking about this. The cbo score to show what the impact of the bill would be. Now, it was interesting, because as i said to some of you yesterday, speaker ryan then as Ranking Member of the committee on the budget signed a letter to Doug Elmendorf along with the committees Ranking Members of ways and means and education and labor, asking for saying we shouldnt proceed until we had a cbo report,
Avangrid (AGR) Receives Federal Record of Decision for New England Wind streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Completion of federal review represents critical step in permitting for lease area with potential to provide approximately 2 Gigawatts of clean, reliable power to the region
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