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Maria bartiromo earlier today. But before we get to that, lets get to ron cristy, morgan, and gina. Gina be with as somebody who came to fame thanks to the tea party and making it a big deal and reminding these guys, their word matters, their commitment to stimulate the economy, to tax cuts, watching budgets, et cetera, are you disappointed . Are you getting different vibes from donald trump . Not at all. In fact, i hope that he takes away all the loopholes that this who are the super, super wealthy with teams and teams of tax attorneys can help them hide from. Neil you think thats where hes going . Just to take away, like, carried interest, that sort of thing . I think thats exactly what hes going to do and, in fact, in his statement he said something about his major concern is the middle class who has been left out of this equation over and over again. You simplify the tax code, and you make things easier for everybody. But you also take away the loopholes of the super rich. Neil wel ....
The exchange. Stocks currently moving back up towards highs of the day. Bob, okay, it is a rally but how low is the conviction at this stage . This is a rally but not with a lot of conviction. We need a little more buying enthusiasm. Were not getting it right now. But still 200 points, nothing to sneeze at. We had a nice move up prior to the open because productivity numbers were better. We are now approaching the highs for the day. Little bit of a midday rally. Lets look at the markets in the middle of the day. Right now 3 2 advancing to declining stocks. Heading towards 2 1 very shortly. Moving in that direction. Volumes been moderate. Not saying this is heavy. This is the lightest volume since weve had this volatility. Speaking of volatility, vix is below 30. Just a few points moved there. Dow leaders, fairly broad advance here. Home depot is one of the few dow components up this quarter. These are nice advances. Just not seeing much volume. It is not a normal volume day for most of ....
Is somewhere in the order of 180 or 200 billion plus. But we are talking one to 1. 5. There is no trillion dollars. There is no way to get there without the private sector. It is a very difficult time and capital now is without question beginning to get out of the emerging market. In order to be able to reach this goal, we have to be much more clever about how we utilize the Development System that countries provide and link to it to the kinds of investments that we know will be the creator of jobs. How do you do that . One of the things are trying to do in one of the papers we will be presenting next week is one in which all of us, all of the Multilateral Development banks, sat down together and said lets get all the different sources of financing for development. Lets put them all together and think strategically. If you look at all the different sources and y ....