Wow. 20 . Thats thats a real add on to the 5,000. Thats real money to people that are yes. I heard Carl Quintanilla say yesterday weve seen more points added to the nasdaq this year than all of last year and its only february. Six weeks into the year. Theyre doing some kind of calculation again on historically in a new president , the quickest stock market gains out of the gate. Is this this month is the fastest. Since lbj. This must be from january 20th. This is from the inauguration. Its funny. Remember, we had a lot of naysayers who said, from november 8th to december 8th we got gains, then it stalled. Then it was about three weeks ago it started again. Whats the that would be january 20th, right . Well just over 3 1 2 weeks. Okay. A lot of stuff. The back drop for you, i know, your water cooler stuff. A lot going on for you. It is kind of shocking to see some of the turmoil thats before us and the headlines and the market ignoring it. The market could always if it became very serio
Legislation. Our roadmap begins with signs of confidence and optimism, those are the words of the president as stocks notch their longest record setting streak in a quarter century. Plus, trumps cabinet trouble. The president s top pick for labor suddenly withdrawing from a nomination with nearly half of his cabinet and Administrative Team still yet to be confirmed. Snap valuing itself between 19 billion and 22 billion as the owner of snapchat prepares for one of the most hotly anticipated ipos of the year. First up though, the historic runup in stocks getting the president s attention. This morning he tweets, stock market hits new high with longest winning streak in decades. Great level of confidence and optimism, even before the tax plan rollout. Hes referring, guys, to the series of record highs set by all three major indices for a running number of days. And if you look back at the first month performance on the s p, jim, hes got the best record. You got to go back to lbj to see an
Alexander acosta, the dean at the Florida International University Law school. He was also an assistant attorney general under george w. Bush. Well hear more about that, the president without naming his candidate earlier in a meeting with members of congress, said that he is a great man, hes excited about this pick. So well wait and see what happens there. But to give you a sense of just how quickly this press conference has been arranged, i want to talk to some of the press aides just after the president announced it. They didnt know there was a press conference Just Announced by the president. In fact, were still not told definitively the question will take questions. Well see what format here at the white house. We expect the Alexander Acosta nomination to be made formally there, and wait and see if reporters get a chance to ask questions on a whole host of other subjects that have been swirling around this white house in recent days, scott. Eamon, thanks. Well be back to you then.
Representative kevin brady last night. We have two Top Economists to weigh in. Federal prosecutors are reportedly investigating 21st century fox over whether it should have disclosed information about Sexual Harassment settlements. Those details as well. Lets get right to the latest. Eamon javers and kayla tau xi are at the white house. Reporter a bit of an airing of grievances from the president on a number of subjects. We did hear some Important Information about the sequencing of his legislative agenda later on through the year in terms of taxes and obamacare. Heres what he had to say. The tax would be easier in my opinion but for statutory reasons and budgetary reasons we have to submit the health care sooner. Early march, mid march and after that were going to come up and were doing very well. Reporter so the president there saying that health care goes first in march or mid march and then tax reform. You know, politically that could be a challenge for the president because as we
Community among one of the most celebrated in this country. In fact, he generally makes top hispanic business of the year several times by a variety of publications. This would fill what critics have said had been a gaping sort of hole in this administrations cabinet. No hispanics. Whether youre into that thing and balancing it out or he will take other questions as well. You know how that goes. It can be very, very short and sweet here. Well see what happens. We have federalist reporter joining us. Connell mcshane as well. Connell, what do we know thus far . Obviously as soon as the puzder thing started imploding, they were looking at backup plans and along came acosta. What do we know . What do we make of this . The initial reaction, neil, this is cabinet putting it together did not have any hispanic members at the cabinet level. This gentleman, Alexander Acosta if that is the pick would be someone would fit into the wall. He was appointed assistant attorney general in the bush admin