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Politburo Standing Committee will make up chinas direction for years to come. Haidi bitcoin topping 100 billion in value, reaching that milestone faster than apple. It is now worth more than american express. Rishaad a look at what happened in new york. Another record for the dow. The s p 500 acting effectively as a quasibond. This is a situation going back to 2008. The white line looks at dividend yields on the s p 500, an average just shy of 2 . The chief global strategist writing in a report that the index has effectively become a quasiconvertible bond. S p 500 given up four Percentage Poin...

The committee will come to order. Welcome to our first hearing of the day. We discussed the ongoing effort to reform our tax code. We have a distinguished panel of experts to help shed some light on the issues surrounding tax reform. I look forward to a productive discussion and appreciate your attendance. In 1984 resident reagan called for reform of the tax code. He laid out three main goals for tax reform. Fairness, efficiency and simplicity. Those three goals are as relevant today as they were a generation ago. American competitiveness is essential in todays Global Economy we must consider ...

The committee will come to order. Welcome to our first hearing of the day. We discussed the ongoing effort to reform our tax code. We have a distinguished panel of experts to help shed some light on the issues surrounding tax reform. I look forward to a productive discussion and appreciate your attendance. In 1984 resident reagan called for reform of the tax code. He laid out three main goals for tax reform. Fairness, efficiency and simplicity. Those three goals are as relevant today as they were a generation ago. American competitiveness is essential in todays Global Economy we must consider ...

Need to start looking at the implications of a possible brexit. Tom we are going to touch on that. I want to say thank you to all the people who emailed in about the new wants we gave to all the data checks. It is that kind of thursday and friday. Francine it all goes back to negative rates and the limits of Monetary Policy. Lets get to the bloomberg first word news. President obama made it official. He has formally endorsed Hillary Clinton to succeed him in the white house. Nbcsinterview on tonight show, he spoke. The main role on going to be playing in this process is to remind the American ...

Either direction on. That is a oneweek, thank you. A very quiet week. Those could be one day moves. This is very little happening in the market. Green. Daq turning stocks with the second weekly loss since june. Some of the things we have been talking about continue. Basis point move and semiconductors, led by a Applied Materials and micron. Utilities and telecom stocks, the only real group moving here, and they are moving downward. Stock bubblevalue is starting to let some air and out. One of the big sectors that lost were yield sensitive areas. Here is a onemonth chart of the u. S. 10 year yi...