It has to do with politics, it has to do with trump, and potentially tax reform. Megan this story cuts to the heart of the issue. Campaign promises and agenda items they thought were going to be easy to get through, tax reform, just the situation they popular onrm is both sides of the aisle. The situation they found themselves in is the coalition they need to stitch together is harder than they thought. Oliver peter always has great analysis. The conversation the past week is since the healthcare bill failed, what does it mean for tax reform . What did you like about his take on this . Megan peter always has great insight and analysis, and for trump to think tax reform will be easier than health care reform, we have to put this into context. Health care reform was a defining promise of almost every republican for seven years and collapsed in 17 days. Tax reform is something republicans and democrats have had on the agenda for two decades. Bringing personal rates down, in particular tha
Heart of the issue. Campaign promises and agenda items they thought were going to be easy to get through, tax reform, just the situation they found themselves in is the coalition they need to stitch together is harder than they thought. Oliver peter always has great analysis. Since the healthcare bill failed, what does it mean for tax reform . What did you like about his take on this . Megan peter always has great insight and analysis, and for trump to think tax reform will be easier than health care reform, we have to put this into context. Health care reform was a defining promise of almost every republican for seven years and collapsed in 17 days. Tax reform is something republicans and democrats have had on the agenda for two decades. Bringing personal rates down, in particular that corporate rate from already 5 to make us more competitive, is seen as something both parties are aligned by. When you talk about bringing taxes down, you need some way to replace that revenue and gettin
Heart of the issue. Campaign promises and agenda items they thought were going to be easy to get through, tax reform, just the situation they found themselves in is the coalition they need to stitch together is harder than they thought. Oliver peter always has great analysis. Since the healthcare bill failed, what does it mean for tax reform . What did you like about his take on this . Megan peter always has great insight and analysis, and for trump to think tax reform will be easier than health care reform, we have to put this into context. Health care reform was a defining promise of almost every republican for seven years and collapsed in 17 days. Tax reform is something republicans and democrats have had on the agenda for two decades. Bringing personal rates down, in particular that corporate rate from already 5 to make us more competitive, is seen as something both parties are aligned by. When you talk about bringing taxes down, you need some way to replace that revenue and gettin
Surveillance. I am mark barton in london. Just getting some data crossing the bloomberg terminal. German Business Confidence just crossing now. Thectation is up on previous month, up from 104. 5 to 106. 1. The actual Business Climate and improvement from 109. 5 to 110. 5. The Current Assessment is also up. So Business Confidence in the euro regions biggest economy is increasing. Have a look at what is happening to assets today. We have had two days of finishing little changed for the stoxx europe 600, up by 0. 3 . A host of Companies Reporting earnings. The longest losing stretch since may. Diversions between the euro area and the u. S. The 10 year yield is down a basis point today in germany. There is the offshore yuan. Chinese policymakers signaling they are willing to allow greater currency flexibility assets in then dollar. The german 10 year yield which i alluded to in european banks stocks Something Special happened. European bank stocks erased all their losses from the brexit vo
Second best month of the year. Europe with some mild gains. Oils almost back to 47 on renewed optimism that the opec Production Cut will survive. Our road map begins with the next treasury secretary and Donald Trumps busy weekend, what the picks will mean for the markets. Plus, a mu bearish note on apple predicting a decades long malaise, quote, the risks to the company have never been greater. And facebook announcing a buyback, zuckerberg promising changes to combat that fake news problem. But first up, stocks looking to make more history after a week which saw the dow and nasdaq hit record highs. The s ps within 0. 6 of its own high. Jim, that russell, that small cap story continues to be intact. People just say where would deregulation really impact . It would be the smaller guys. Its so interesting that the analysts take their turn at downgrading and not believing. Last week we had multiple downgrades in the banks. Those stocks held up better than anyone thought. They continue to b