Stay updated with breaking news from Russell iwm. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
First on cnbc interview for his reaction to the gop tax bill and the fed chair nomination you wont want to miss that. We start with what were calling the two tickets to stock paradise, tax cuts and trump making it official with his nomination of Jerome Powell, the first details of the tax bill see the light of day, the continuation of the easy money policies from the fed, sending the dow to a new record close. Is this the perfect recipe to keep stocks surging and do you just keep buying it has been i bet you to the punch there. Maybe it was by design. We chose that. Vix below 10, the market had an opportunity to sell off on the back of maybe facebooks earnings or maybe facebooks commentary in the post market. But again, here we are, it grinds higher, closes at the high of the day. What does it mean . The dax held exactly where it needed to held, alltime highs despite the strength in the bond market, the yield curve which continues ....
Comments, with Health Care Reform still on the table, a possible tax reform infrastructure deal coming this year is the best thing to do to keep calm and buy on. The process. It does seem that way. If you look back on friday, what do we see . The markets are actually higher on friday. We thought the bottom was coming out of the market w. One line, speaker ryan cures everything. To me, im actually shocked at this, the market is giving the leeway to the administration. Which means, once again, we are all missing something. I said yesterday, i said last week, i think im missing something, because the market continues to rally when i think it has every reason to sell justify. The market fought. Once you get a positive headline like this, where, okay, maybe tax reform is still on the table, the market want s the rip higher. So, yes, i do believe you stay in these long trades, i do believe you buy on dips, because there is something ....