1990. Kim jongun tells the world north Koreas Nuclear weapons are a reality and a button is on his desk. Good morning to haidi and good morning to our viewers across the world. We ended 2017 year to date for equities on a high note but we are seeing some volatility possibly happening coming out of north asia with kim jongun. Taking a look at what happened in the last day of trading here, down by half a percent. If you were totally in from 1 through the end of the year, you were 1 through the ene year, you were up by 20 , as much as 30 if you are in the nasdaq. Haidi absolutely. We were talking to garfield earlier, 7 when it comes to aussie stocks, barely a blip in comparison to the heavy gains we have seen for u. S. Equities and across asian equities. In particular when it comes to japan. One of the markets not trading today is japan as we have a number of markets still offer the new years holiday. New zealand, tokyo, thailand and the philippines on a break today. We are setting up for
Year. They see it as an ideal retail combination. Happy new year to you, elon. Speaking of speculation, we had a wanted for the Market Participants saying that speculation will likely cause a correction this year. One comment he made in his surprises for 2018, he said the u. S. Economy lets pull this up, the u. S. Economy has a better you than 2017 with speculation reaching an extreme. All i can do is look at the chart here, g btv 1241 showing closing for nine months straight, that hasnt happened since 1950, it makes you think where we make history again with something unprecedented . You might sound scary but have to wonder how tax reform will play into it, how much has really been priced in, the big russian is this 2018 going to continue giving the sequel that we saw for bull markets that we saw last year as well, given the fact that the returns were quite incredible, it will be really hard to maintain that for the rest of the year. Indeed, it will be very difficult, just really quic
Spending 7 trillion in the middle east, it is time to start investing in our country. However, a 1 trillion plus infrastructure plan doesnt exactly combat ballooning deficits. The president is right we must engage the private sector to get those costs down. But when government is involved, even when money is block granted to the states, its never private enough. He says the permitting process will be shortened from 10 years to two or even one. But still, way too expensive. Say it with me. The states and companies are forced to pony up for these big plans, the money will come from higher taxes which is a death sentence from states like california and new jersey. States like illinois with so much unfunded pension liability will collapse under the weight of the newly poured concrete if their spreadthin citizens are expected to foot the bill for more bad decisions. Without meaningful cuts to entitlements and honest talk about military efficiency its a certain disaster that will make the ec
Spending 7 trillion in the middle east, it is time to start investing in our country. However, a 1 trillion plus infrastructure plan doesnt exactly combat ballooning deficits. The president is right we must engage the private sector to get those costs down. But when government is involved, even when money is block granted to the states, its never private enough. He says the permitting process will be shortened from 10 years to two or even one. But still, way too expensive. Say it with me. The states and companies are forced to pony up for these big plans, the money will come from higher taxes which is a death sentence from states like california and new jersey. States like illinois with so much unfunded pension liability will collapse under the weight of the newly poured concrete if their spreadthin citizens are expected to foot the bill for more bad decisions. Without meaningful cuts to entitlements and honest talk about military efficiency its a certain disaster that will make the ec
Gun laws might be needed. I think that Mental Health is your problem here. Based on preliminary reports. Very deranged individual. Tough words for kim jong un and he encouraged japan to buy a new weapons system to protect it from north koreas missiles. He will shoot him out of the sky when he completes the purchase of the equipment from the united states. He will easily shoot them out of the sky. We begin the hour with the Small Community grieving in texas after a man gunned down worshippers in a Baptist Church on sunday morning. This left 26 people dead and 20 others wounded. Thats nearly 50 people in a town of no more than 200. The youngest victim just 18 months old. At least eight of the victims were members of the same family. The pastors daughter only 14 years old also among those killed. Law enforcement said 26yearold Patrick Kelly opened fire during the services at the first Baptist Church in sutherland springs. A neighbor confronted the gunman who dropped the rifle and fled the