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With 2018 right around the corner, what could the f we have two reports. Diana olick on the state of real estate. But first, Steve Liesman, on where the economy may go next. A look ahead is this weeks reporter 2018 could be a year of big change for monetary and fiscal polha first, growth in the u. S. Could average 2. 5 to maybe as much as 3 as the u. S. Gets a lift from overseas growth, better domestic demand and stimulus from a tax improvement from the past several years. The question is whether those gains can last or if theyre second, the u. S. Budget deficit is likely to rise next year and will need better growth to bring in more revenue to pay the tax and finally the fed is likely to hike Interest Rates three times, as new chairman Jerome Powell takes the along the lines of his predecessor janet yellen. If growth real ....
Reserves has been cut off. Theyll have to rely on imported oil. A major storm system thats heading east across the United States has caused chaos. At least eight people have been killed because of the storm. Three in california. Strong winds brought down trees and powerlines. Winter storm warns are in effect for parts of california through today. They are the headlines, ill be back at 8 00 pm eastern. Real money with ali velshi is next. For updates go to aljazeera. Com. Jpmorgan chase, paying a hefty price for its part in the collapse. Also a small city is making a big promise. Kids who graduate high school will get free tuition. Plus beyond twitter. The search for the next hot tech ipo. This is real money and im ali velshi. This is real money. You are the most important part of the show so join the conversation with the aj real money. On twitter. J. P. Morgan disagreed on tuesday, to pay a whopping 13 trillion, 8 billion will go t ....