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Caught my eye was the 3600 number that is where we are going according to Goldman Sachs chief u. S. Equity strategist david he wrote that the fall and the equity risk premium will be partially upset by a rise in bond yields, but the combination will ultimately boost the s p index by 3600 at by yearend and 3800 in 12 months time. It represented significant increase driven by valuation. Joining me now, Chris Watling longview, chief Market Strategist and ceo. A pretty bold call, chris. What do you think . Chris it is doable. It is not implausible. I think it depends on how much policy keeps on generating stimulus how much the policymakers keep on giving, if you like. We have seen congress go into recess. We have half had the package, half not, with the executive orders. Clearly the fed is giving and will continue to give. ....
It looks at how much your asset appreciated and the fact that you can only pay tax on what remains. David you will pay a Capital Gains tax, but it will be inflationadjusted. The president says that will create a lot of jobs. Why would it . Laura economists dispute that point and say it does not do much for Economic Growth and incentivizes old investment, not new investment. In terms of the jobs and when economists model this out, it is mainly. 1 for the long run. David how does congress feel about this . Congress gets to decide about taxes. Is there support for this move at least by republicans on the hill . Laura there are some republicans that supported this. Ted cruz has been putting the Trump Administration to do this. This is not political really viable this is not politically viable in congress. You look at j ....
Well, it said the law said that all new laundries had to be constructed out of brick or stone, but existing laundries, which were made out of wood, which they all were, practically all were, could only continue to operate if they got a permit from the city. And this is what led to this charade, really, where they approved all the permit applications that white people made, say for one, and they denied all the chinese. So in a way this is not really about fire safety. It was one of quite a number of municipal ordinances that were passed to harass the chinese. If we make life so miserable for them, if we make it impossible for them to earn a living, maybe they will leave. So enter lee wiyick, who is e of the proprietors, he had been running it for 20 years. His name was not yick wo, his name was lee yick. That was the name of the laundromat. When the original case was filed, no one bothered to fix it that they didnt get the guys name right, which showed you how much they cared about United States , Al Iskandariyah , Rock Springs , San Francisco , New York , South Korea , Puerto Rico , Angel Island , North Korea , North Korean , South Korean , Plessy V Ferguson , Juan Kim , Fong Yu , John Marshall Harlan , Samuel Freeman Miller , Judy Choo , William Woods , Matt Smith , Juan Kim Ark , Chay Chan , Joseph Bradley , Mae Ngai , Anthony Kennedy , Ngai John , V Hopkins Facebook ,
York city to your couch somewhere in the world, this is the daily social distancing show with trevor noah. Lets kick things off with the black lives matter movement. Although you may be hearing less about them than you used to, protests are still going on around the country. In part because Police Brutality is still going on around the country. And the ripple effects of this movement are reaching all aspects of American Life including a longawaited change in the nfl. The Washington Redskins have officially retired the redskins name in indian head logo after 87 years. The Football Team announced the change following recent pressure from spoarnses and decades of criticism that they are offensive to native americans. pe some time due to trademark issues. Lawyer wa ....