Ron Insauna News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hurt. >> but if nothing happens, it will collapse. >> thank you for joining me, rick tyler and max baucus. have a good sunday. many are hoping president trump will lay out his economic plan for congress and the country tuesday night. probably mentioning health care as well. this is what we know about taxes at the moment in terms of what he may discuss. his tax plan calls for reducing personal income tax rates from seven brackets to three at the bottom there. for the corporate tax rate, the president wants to bring it down from 35% to 15%. there's also the 20% border tax on mexican imports. c...

Accommodation tax called a b.a.t. exporters benefit. straight retailers and other importers who do not export would be hit by the tax and have no way to make it up except through higher prices. >> a few of those moms and pops? >> yes. >> ron, thank you so much for all of that. coming up, in just a few hours, the 89th academy awards. it's the most diverse roster, if you're actually counting, of the nominees ever. does it signal a shift in hollywood? more on that.

Won't, because a lot of those people that left the labor force will start to come back as conditions improve. you know, we could have the unemployment rate go from 7% to 7.3% and have a dramatically better job market simply because we're creating 250,000 to 300,000 a month instead of 150 to 200 and folks are coming back because things are getting better. the unemployment ralt isn't necessarily the right number to focus on. more importantly will be the percentage of adults employed and i expect to see that improve. >> all right. ron, let's move to you on this. since we're talking about jobs, we...

Growth. they can easily make the mistake of riding last year's winners and neglecting the fact that, for example, commodities are lower right now, gold is low. so my feeling is that the average investor needs to be very careful about looking backward to go forward. most folks are better off buying into a broad-based mutual fund and riding that most of their lives, just putting in a little bit each year. i've been doing that the last 30 years with an s&p index fund. >> and look where you're at. >> and i have some specialized holdings in commodities and high tech in in addition because i can aff...

401(k)s and iras. the dow has gained 26%. the s&p 500, 29%. and the tech heavy nasdaq is up a whopping 34%. now, the housing market is also roaring back. today's headline in "the wall street journal," home prices back at peaks in some areas. and the job market has been picking up steam with the unemployment rate down nearly 1% this year and more than two million jobs added. here with what to expect in the year ahead is cnbc contributor ron insauna and peter moresi. let's start with the stock market. great numbers. for the average investor looking at this right now, can they expect more room to...