readings on the economy a good tail wind for donald trump and his economic team as they come in here. so we re watching futures are higher here and you know it was a great month of november for stocks, the best month since march almost 1,000 points on the dow. the dow up almost 1,000 points since this election really remarkable, big move in oil. be watching how that will play out in the stock market this morning but i m expecting you re going to see a rise in the dow when it opens in about four minutes. watch those auto stocks, and again a very good month for stocks in november and december the first trading day today. many thanks to you, and also douglas and austan. the new cnn money stream app is here your favorite business topics all in one feed every story video and tweet hand picked for you download it now on your iphone or android device.
play out which is donald trump promising a certain thing in the campaign, i m going to be tough, i m going to bust down on wall street, i m going to go to carrier and i m going to tell them they have to stay, and then now that he s actually going to be in office, instead of threatening them, he just paid them to stay. and instead of trying to drain the swamp, you know, the joke is, yes, he s draining the swamp right into the west wing. he s hiring people straight from wall street that he said he was going to okay so you sound a lot like bernie sanders because as we mentioned in the first block of this show bernie sanders wrote an op-ed in the washington post and this is part of what he wrote quote trump has endangered the jobs of workers who were previously safe in the united states. why? because he has signaled to every corporation in america that they can threaten to offshore jobs in exchange for business friendly tax benefits, and incentives. do you think that s what happened,
former obama white house chief economic adviser austin goolsbee and former director of the nonpartisan congressional budget office douglas holt eken. okay i m going to start with you christine. carrier is owned by united technologies. united technologies makes aircraft parts. the unknown here is this. did donald trump threaten to pull federal defense contracts from united if it didn t save those carrier jobs? it didn t even have to. you have the president-elect of the united states calling the ceo of united technologies. united technologies had some almost $6 billion of contracts with the federal government, and on the campaign trail donald trump has said i m going to put a tax on that company. i m going to tax them for sending jobs overseas, and then bringing the product back to the united states. so if you re the ceo of united technologies, what do you do? you play ball with donald trump at this point. that s what s so remarkable at this point. we haven t had a ceo or a president r