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Weeks of a downward trajectory many agree with the president to open the economy as there seems to be a push from the right and from many in the economic sector to do just that but theres also another if not equal push from the other side that saying that opening the economy would be both dangerous and irresponsible and that is the thinking of many in the Public Health sector and many on the left now whos right well were going to bring you a debate on this matter to take up whats going on but before we do i do want to share some numbers with you that i think might kind of help to put things in perspective numbers dont lie usually so lets talk economy 1st as the economy goes heres the latest 22000000 americans have lost their jobs that would bring the Unemployment Rate to a record 15 percent and according to economists this is huge it could reach 20 percent. The present tren ....
Over the last couple of days that now is the time to take something off the table . No. I mean, youve run out of one of the necessary drivers to send the market higher and that is obviously trading volumes. Dried up. Weve all said it the last two weeks. Thats not anything new. I dont think the fact were going to turn the calendar page is anything new either, judge, except that, perhaps, and i think its overblown, people who delayed sales if they all of a sudden like jim has alleged decide to make those sales early in the first couple of weeks of next year, yeah, that could cause a little water fall. I think it will be little. I dont think it will be look at the underpinnings of this rally since election day. Whats it based on . Its based on a change of tone. Its based on a change of people are more optimistic about whats going to happen for the country, for the economy, for stock market, for corporations. I think its optimism. I think its clearly optimism. Its reflected in United States , New York , City Of , United Kingdom , Ned Riley , Ken Senna , David Rosenberg , Tim Horton , Tom Kloza , Joe Terranova , Erin Brown , Aaron Brown , Ronald Reagan , Melissa Lee , Brian Sullivan , Jamie Dimon , Little Water , Consumer Confidence , Mark Farber , Jamie Dimons , Well End , Year End , Economy Much , Just Got , Home Sales , Mortgage Rates ,
Adam were watching developments . Washington and wall street. We kick it off with Lauren Simonetti on floor of the new york stock exchange. This market cant get going, can it . This dow component, disney, has something it never has done before, 80 a share. A historic high for disney. Remember earlier in the month they report the earnings. Frozen helped them early in the month. Netflix, what a winner, new alltime high here, 441 and change for netflix. And you could argue a lot of that has to do with house of cards, season two. It came out on friday. A web company, said, 16 of the netflix users tuned into one episode to watch the new season of house of cards. If you look at my twitter feed everybody is talking about the show. This is helping netflix out a little bit. Have you seen house of cards season one or two . Adam i havent watched house of cards. I have netflix. I havent activated the fremont. Let me ask you a yes. Yeah. Ada ....
Newsroom continues. Good morning, happening in the newsroom dodging the fiscal cliff crisis for now. With all of the talk about spending less why are lawmakers giving billions to businesses that are already thriving . Well show you who is cashing in. Party crashers, republicans split over the tax deal and the core values of the gop and that strained unity faces a bigger test as a new deadline looms over spending cuts. While the gop licks its wounds, wall street gets ready to celebrate. U. S. Stocks set to open higher as markets around the world trade higher on the deal. And they told us to basically drop dead. Thats how one new yorker is reportedly characterizing the house after ending the session without sending any sandy relief to the northeast. Everybody played by the rules, except tonight, when the rug was pulled out from under us, inexcusable, indefensible. Newsroom starts right now. Good morning, im Victor Blackwell sittin ....