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This is the show where we delve into the regulatory challenges and opportunities for Financial Markets around the globe. But first lets get a round up of the news with sebastian salek. Sebastian President Trump has won the latest round of the head of the Consumer FinancialProtection Bureau. Thateral judge has ruled Mick Mulvaney can remain acting head of the agency. By thected a bid bureaus deputy director. She is likely to appeal. Wells fargo is facing new problems with its regulator. The officer of the comptroller of the currency because of improprieties in wells fargos mortgage operation. President trump has nominated sometime critic of the Fede ....
Im Brian Sullivan your money beginning this year like it ended last year with a nice pop dow, s p and nasdaq with their biggest one day gains in two weeks. Tech and nasdaq flying high. It is up more than 1 . For those of you keeping score at home, heres an interesting stat the dow has not fallen for three Straight Days in more than three months some of the individual movers, Weight Watchers shares rallying. The Company Announcing their new social media ambassador. That stock nearly tripling last year more on that story ahead and individual retailers on the move advanced auto parts and jc penney rallying. Im Michelle Carusocabrera heres what else is happening. You heard brian spotlighting brick and m ....
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 ....
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 ....