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At 11 06 a. M. It doesnt count officially until you close at that level. That can often times prove a devil of a time. Higher you get, smaller leaps are percentage wise. To market watcher Jonathan Hoenig and fox businesss nicole petallides. Nicole, when the crescendo was hit, what happened . There is always elation. They open up hats which they will not reveal in the the moment you cross it. You can beg, cry, plead, offer your firstborn child, they wont give you the hats. Finally crossed it, monumental psychological level. It shows overall optimism that really has hit wall street since the election. Weve had a great run. The idea we have more businessfriendly administration and that fundamentals improved. Look at winners. Caterpillar, dupont, home depot, those have been best former since dow 22,000. Alltime highs, johnson johnson, united health, three names that really comprise half of the gains, five names, would be boeing, cate ....
Institutions. The crisis led to greatly expanded fed emergency liquid support t. Became the lender of first resort instead of the last resort. The Congress Passed the doddfrank act to extend the federal governments post tarp control over the system t. Ga. It gave regulators extensive new powers over the defense system. The slow recovery triggered fed qe stimulus which created massive Bank Reserves which required new fed operating procedures. So this morning were going to discuss all these changes with a panel of experts. And instead of me introducing a panel of experts, im going to introduce our moderator of the panel. Alex j. Pollack is a distinguished senior fellow oh art street institute. Alex was previous lly a residen fellow at aei and at the Home Loan Bank of chicago. Alex is a recognized authority on financial pol ....
One of President Trumps Core Campaign promises was to defeat isis. With a stunning fall of mosul in june and now with isis nearly eradicated from raqqa, it is ra clear that isis so called caliphate is crumbling. Our brave Service Members comes at a high cost, particularly to the Syrian Democratic forces who suffered many casualties as they fought to liberate their own country from the oppression of isis. Instead of caring for the urgent humanitarian needs of raqqas residents, isis utilized the money it stockpiled to finance terrorist attacks across the world, including against many muslims. As coalition and our Partner Forces closed in around them, isis used civilians as human shields and killed those who a ....
President made a couple of headlines. Stuart went through them. The tax bill from the house by thanksgiving. Wants a signing ceremony here at white house by christmas. When he was asked whether or not the corporate rate phased in, he said hopefully not. Well see the video here from the president. Deeper comments coming in upcoming minutes. Here is what i tell you about this meeting this is trade association types, for example. National soar of manufacturers, u. S. Chamber of commerce. Business roundtable. The way one source described this meeting was this the white house is trying to get the Business Community tied in together. Depending what association you might be in, you might have a different interest here while your colleague might have a different interest there. They try to unveil this republican tax bill tomorrow. At least the white house is trying to get all the different groups together, hey, lets set aside divides. ....