Welcome to power lunch. Stocks are lower at this hour and dow and the s p 500 slightly higher telecomes are the best financials fedex more than 300 and wild trading day for bitcoin plunged 10 earlier and sinking again now. A lot of news. Hackings, bankruptcies and selling from a major player. Well dive deeper into it. Blackberry the company topping expectations and 2018 revenue and stitchfix, however, tanking. The Apparel Company increasing its Customer Base but its bottom line was impacted by higher costs. And chipotle taking a drop the stock is lowered by more than 2. 5 . Brian . Michelle, thank you. We begin today with the latest out of washington, d. C. The tax bill passing, again. All the angles of that bill covered. Abram at the president where the president is expected to hold a tax bill event at 3 00 p. M and kayla is on the next big story. Thats a funding bill to keep the government open. Lets start with elan. Brian, it is Done Congress has now passed the most sweeping rewrite
Hasnt been done because we broke every record. Its the largest tax cut in the history of our country. I guess its very simple. When you think you havent heard this expression, but we are making America Great again. Charles joining me now, one of the writers of the tax bill, congressman, congratulations. That was a really i thought that was a great ceremony. The have you cans didnt spike the ball it was subdued and subtle. Sit was heart warming. Tim scott was emotional. Orrin hatch was emotional. This was something of a saga to bring this across the finish line. We have members who have been working on this for 15 years. The stars aligned, it was possible. For nose on the house ways and Means Committee, we have almost a generation of members and this is the culmination of their career in congress. Charles for the main stream media and your rivals across the political aisle, this was suppose to be dead on arrival. We have been reporting, at t, boeing, bank. America, wells fargo, they are
The political history of the coming of the civil war is as important as history can get the only timeause weve ever had in the political system disintegrated. Have three people to talk about this. We have tried to mix the generations. Comment. State general we like to mix the generations. We dont want everyone as old as me. Our first speaker will be pamela brand line. She holds a professorship in Political Science at the university of michigan. She has also taught at ut austin. Historians andof social scientist to. She is the author of two important books. Rethinking the judicial system of resettlement. A title long before the age of trump. That was a slip, i didnt mean that. Honestly. Pamela is going to speak on the of rethinking Party Appeals and capitalist contexts. Lynnecond speaker is josh who is a postdoctoral fellow here at yale. Hes part of the macmillan center. He did his phd at the university of North Carolina at chapel hill. Is teaching a course here at yell on jacksonian de
Joseph boakai cast his vote. He sounded confident. Asked as to whether he would accept the results he responded with a qualified yes. After that, a decision will be made. But we are willing to work for whatever the final result is. For supporters of the former football superstar george weah, it looked like a victory dance when he went to vote. The man who won in the first round sounded incandescently confident. Im not associated with losing. Todays victory is set in and i will win. Boakai cannot win, and george weah can. Its an exceptional case. What happened cannot happen again. Initial indications are that the run off was better organised than the first round. Materials arrived on time and there have been no complaints so far of multiple voting according to the main local observation group. But turnout appeared low. It has been quiet here at this Convent High School in central monrovia. Election officials are nibbling around without a lot to do. They say theres been like this for mos
Getting a sense of where the chinese economy is heading, december pmi from the private side ties shin. This is the third couple of days we have had the numbers that of the official stat bureau. 9574 on the bloomberg terminal. You can see where we have come from the dark days of 2008 when everything fell off a cliff. 51. 6. I here, that number came in and the other day. 50. 8 whiching at reflects what is going on with the small and mediumsized enterprises. Showing we have growth and it is steady as you go for the time being. Untilutes ago to go trading in hong kong and 45 minutes until the thai shin numbers came out. A late opening today because of a big ceremony going on in the korean stock exchange. Fort of news to digest those market participants. Good morning. As seoul gets back online, quite a bit for markets to consider. Kim jonguns new years eve address. We have the latest data points for south koreas showing exports rose to a 60 year high. We are seeing it gaining about one thir