Greg Valuier News Today

Conference dubbed davos in the desert. media partners have pulled partnerships and now jpmorgan chases jamie dimon wont attend. they havent said why, but he ease pulled out. bill ford has pulled out, because of scheduling. but steve mnuchin will be there and theyll be evaluating the information this week. lets talk about this from washington with political economist greg valuier, a chief strategist from horizon investment. >> good morning. >> so well talk about that conference in a moment. but...

I think the congress will take it upon themselves to take that action if it turns out as the press reporting seems to indication that saudi arabia was involved. >> okay, greg, so the president made clear that $100 billion arms deal no matter how much its really worth is not on the table here. if he does nothing, what can rubio and congress do? >> well, they can come up with their own sanctions, dave. and i mean this is like a daniel da silva novel. what tremendous story angles. the president and...

>> greg, salena, thank you very much for getting up early. greg is right about that. obamacare subpoeis up next. theyll meet with house leaders today to try to solve that paul ryan wrap. thats a heavy lift. and the president saying already bringing jobs back to the u.s. listen. >> since my election, ford, fiat chrysler, general motors, sprint, softbank, lockheed, intel, walmart and many others have announced they will invest billions and billions of dollars in the united states. and will creat...

He knows how to behave as commander in chief. and that moment, concerning ryan owens wife and his legacy, i cant imagine anyone didnt at least have a lump in their throat or werent, you know, crying because that was incredibly powerful. >> indeed it was. greg, lets talk now about some policy if we can. move towards immigration. earlier in the day, he really made news talking about immigration reform. >> yeah, he said hed sign a bill. >> right. how big of a surprise is that to you? >> astonishing...

Channel, he honestly and bluntly said, look, i think in terms of efforts, im going to give myself an "a." in terms of communication, ahh probably like a c-minus. so i think he understood also that communication was a problem. and presentation also was. >> greg, one of the great comments you have in our morning stone, our "cnn money" story the walkup to the markets opening this morning is economists who said this is politically important and economically dull, this speech. you know, sort of sayin...

And weighty issues are coming. i agree with that assessment. i think the important thing is the overall theme. and the overall theme that this president who was looking a little shaky a week or so ago i think it righting the ship. i think with international markets theyre now looking at the u.s. of having a strong and better liked president. thats a big deal when you look at the big picture. >> greg, there was reporting from bloomberg yesterday, interesting reporting from jennifer jacobs a well-...

One speech turns things around, i have a hunch that people will look back on yesterday as a real turning point. >> greg, he talked about infrastructure bill and talked about how hes going to satisfy -- i dont even know how thats going to be possible, satisf everyone onobamacare. did he give you the broad-brush strokes on what so many in the market are expecting here that hes going to get this done? >> not enough, christine, to be franc frank. he did not talk about how hed pay for any of this stu...

Get this morning, the in headlines, hes going to understand and enjoy that this is a good place to be. and to continue this tone. >> yeah. he also mentioned the shooting of two indian immigrants last week near kansas city, a third man was wounded trying to help them. that is a story thats just a tragic story that many people have been talking about. the president addressing that case as well. greg, lets listen to the change in tone here. i think theres no question, you and i sat in washington ri...

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