Feel free to respond in writing on that question. As you know we do have votes on the floor and we will take a recess for not less than five minutes and we will come back and finish up her questions and we think the panel for excellent testimony. We are in a recess for five minutes. I want to thank all of our witnesses for being here and i recognize opening comments. The gentleman from wisconsin is recognized for five minutes. I think the chair and let me start with you if i can come mr. Johnson. Cfpb can see that it lacks sufficient information of substantial number of known participants necessary to estimate their larger participant status. In other words, they dont know have the data to know how Many Companies will be swept under the rule and they dont know how much it costs or what the impact could be. You served as cfpb under a Previous Administration but does moving forward without adequate data, is it something usual . I think it would be unusual and certainly present a challeng
And south korea offers talks with the north a day after the north Korean Leader, kim jongun says he is open to dialogue with seoul, despite telling the u. S. That the Nuclear Button is always on his desk good morning, everyone it is the first trading day of the year i want to alert your attention we have the final manufacturing pmi numbers for the eurozone they came out at 60. 6, in line with the flash this is the strongest pace of expansion in the Manufacturing Sector since the series began in june 199 7 thats two standard deviations above the long run average extremely strong numbers out of europe bringing in our first guest, i have Derek Halpenny on the phone with us. It appears as though europe is off to a great start, in line with the momentum we saw in december i also want to point out that Euro Currency is up through 1. 20, and it appears the currency has lagged this morning. What have you pencilled in for the currency from here we think that the euro can gain further, but 2018
Rishaad going to bring you up some history. Another record for the s p 500 recordht good 2017s year does not necessarily mean that 2018 is going to be a bad one. Lets bring up for two to three. Ityou have a great year, means quite often that you will get not a good year the following. Thats the synopsis we have going back to 1938 todays game, not tomorrow spain. The s p 500 on track for a 20 increase last year. It was matched 20 times in the last 80 years. Higherck market was three quarters of the time averaging 89 return here in averaging a 9 return. Haidi what is incredible is that we are not seeing a rotation. Were seeing a continuation of the tremendous tech rally. Here in asia, we are picking up on that positive energy. Not just for the s p, but also records for the nasdaq. Depressing 7000 points. Tokyo still off until thursday. Asia markets feeling this positive start to the year. Japanese investors can enjoy their holiday a little bit longer. We do have docs continuing to gain a
Alix lets take a look at that. Yields have lost 13 basis points this week. The dollaryen as well, the lowest level since november. Of gold is getting a bit it, up five dollars. Copper is getting hit along with other base metals. Of there is not enough to impact weaker dollar. Up, we getng secondquarter results from kroger. We will spot talk to the cfo. President will be speaking on consumer finance. Right now, lets get enough date on the business world. Taylor the hurricane weakened overnight. It is still on a collision course with florida. It will bring potentially deadly storm surges. It has been downgraded to a category 4. Has triggered a record evacuation from the miami area. Could become the most expensive Natural Disaster in u. S. History. It is already tattered small caribbean islands. A major mexican earthquake has killed at least 15 people. It hit near the border with guatemala. President called it the biggest mexican earthquake in a century. In israel, the wife of Benjamin Ne
With the failure to pass the bill in congress, some states are looking to expand medicaid, some additional states. Menstruates are talking to cms about what might be possible in the way theyre talking about waivers, what can be done. And so today well talk about our our goal for this panel is to both talk about where we are going into this next year, so where we are, what the aca did, where we are with medicaid, what is under discussion, and well talk about the considerations and possible implications moving forward. So, we are lucky to have with us today three exceptional panelists. Theres one empty estate and that belongs to trish riley, but because of the crazy weather in trish wont be able to get into town and so she will not be with us but fear not, our three other panelists here watch what is happening in the states closely and will be able to give us a full puck picture. First we have Diann Rowland from the Kaiser Family foundation. Diane was also the inaugural chair of macpack,