one of the things that concerns me and as a fixed income sme, you even as an need to be considering notust things like border adjustment but also a nondeductible the of interest. are they going to get rid of the ability for corporate to deduct interest? are they going to expand? what is it going to look like? jonathan: what do you think is honorable western mark >> -- vulnerable western mark -- vulnerable? mostonsor deals are susceptible to the non-deductibility of interest should that become a reality. well, that rely on deducting insurance payments. they are going to be under pressure. jonathan: you are sticking with us. let's give a check of where the markets finished. it's been up and down but flat on the week so far. 10 year yields a down three basis points. ahead, the boj meets and it ebc decides. it's the week ahead. this is bloomberg real yields. ♪ jonathan: this is the berg real yields and -- bloomberg real yield. they will decide if prime minister way will continue to be busy. the roundtable is still with me. i'm going to call out kevin. he said i've been right all year. asked

previous strong demand in consumer loans -- loans and smes, we are not going to go after market shareliour is mortgages. we have been comfortable with what we have. price, theat at some conditions to not pay for the risk. after not going to go market share at any price in the u.k. .nna: thank you for joining us talking about brazil, the u.k. economy, and the ecb. mass: london is lower and the rest of europe is bid. matt miller and guy johnson next. guy: good morning and welcome. this is the european open. first trade of the cash session coming up shortly. it could be a positive one for most markets in europe. i am in london. matt miller in berlin. what are we watching this wednesday morning? president trump said the planning a 10% acculturation tax . let us keep the equity rally rolling? credit suisse is abandoning plans to spend off its swiss business.

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sme 80s possible. i'll show you in just a minute. let's take a look at current temperatures.you're stepping out right now dress for upper 50s in half moon bay, san mateo and also san francisco 58. the rest of us in the low to mid 60s. 64 san jose. oakland 62. san rafael 63. same in concord, 65. antioch's one of the warm spots at about 68. look at this. we'reeeing some returns on live doppler 7. to the east. it's heading into the central valley. but it's bone dry from about 5,000 to 15,000 feet. none of this is reaching the ground. it's just a last push of this cold front. you can see the cooler dryer sinking air behind it. and that's why we're going to have some clearing, see some stars and be a little bit cooler tonight than we were this morning. so there we go. some sunny pockets as we head through the 6:00 hour. now as we get toward 8:00 most of us in the mid to upper 50s. a little cooler as we get to 10:00. mid 50s there. and if you're going to be out and about at midnight, temperatures running from about 51 to 55. let's take a look at where we bottom out tomorrow. some m

sme 80s possible. i'll show you in just a minute. let's take a look at current temperatures.e stepping out right now dress for upper 50s in half moon bay, san mateo and also san francisco 58. the rest of us in the low to mid 60s. 64 san jose. oakland 62. san rafael 63. same in concord, 65. antioch's one of the warm spots at about 68. look at this. we're seeing some returns on live doppler 7. to the east. it's heading into the central valley. but it's bone dry from about 5,000 to 15,000 feet. none of this is reaching the ground. it's just a last push of this cold front. you can see the cooler dryer sinking air behind it. and that's why we're going to have some clearing, see some stars and be a little bit cooler tonight than we were this morning. so there we go. some sunny pockets as we head through the 6:00 hour. now as we get toward 8:00 most of us in the mid to upper 50s. a little cooler as we get t 10:00. mid 50s there. and if you're going to be out and about at midnight, temperatures running from about 51 to 55. let's take a look at where we bottom out tomorrow. some mid t

lauren: and us expect sme members to grow 9.8% in first quarter.estion for you is are the strong earnings expectations enough to keep investors interested and invested in stocks? >> yeah, i think they are. the carrot in front of the horse, the last number i saw by the s&p corporation the s&p corporation is around $130 for bottom-up operation earnings this year. for every one-point reduction in in the corporate tax rate, but hypothetically as $1.31. president trump gets a 15% tax rate but hypothetically as $26.20 to the $130 estimate. that is the goodness that the bad news is he's not going to get a 15% tax rate. at least when i'm here and off capitol hill will be somewhere between 20% and 25% but that still could be added to that stocks are not all that expensive. train to talk about the importance of these proposed tax cuts. your vision between now and the end of the year as we watch earnings growth and we watch washington policy. what drives the market and what's most important? corporate tax-cut on the market. i think the improving economy if yo

the president clearly business friendly, we are seeing it in optimism levels for sme's, seeing it inhe stock market even until now. does this continue, at some point do we need to see this put into practice? right, theyou are group will be in the pudding, the hard data. we have seen a lot of improvement on soft sentiment, consumer sentiment, these are at all-time highs. we will need to see that translate through. a lot of what was going on today, the last segment we talked about the border adjustment tax. the president not coming down on one side for or against. even today talking a little bit about penalties for enemies going offshore. we will have to see how that plays out as well. momentum in that space is fading away from the bat. we will see how it plays out. vonnie: how will this affect your allocation decisions, whether these policies he is talking about, these major the regulations, the idea instead of needing 17 agencies to get a you arebill, 10 years, agencies and one year, does that affect how you invest? >> it would. the regulatory part of the trump administration's agend

sme court nominee neil gorsuch. votes to filibuster the nomination, setting the stage for an historic showdown. republicans are poised to change senate rules to require only 51 votes to overcome a filibuster on a supreme court nominee instead of the 60 currently needed. president trump speaking to both business and union leaders today. the president telling business leaders during a white house forum that excessive regulation is hampering job growth. later he told trade unions that he is a builder just like them and promised that they'll share in the prosperity enjoyed by washington and wall street. >>> attorney general jeff sessions ordering a review of all agreements and investigate e investigations done by the justice department. president obama's justice department opened investigations into more than two dozen departments and reached agreements with more than a dozen to force changes in policy. >>> the ncaa says it will consider north carolina after the state partially repealed a law limiting protections for lg

this is foreign for sme to think about but the fact is how do you square this circle?bring peace to syria? the horror of it not just in terms of social congestion but lives lost under assad? he doesn't seem to have that much of a heart, and yet he can't be removed. >> no. >> and if trump gets together with the russians, even less likely he'll be removed. >> so this has been the task of u.s. policy for years now, basically since the french bombings in paris, that we are just -- >> what, live and let die? >> yeah. it's better to have assad in place because that's what the urns have said. the french uses to be the most opposed country in europe to assad, and now they're one of the almost strongest supporters of assad. >> it used to be their country first of all. wasn't it theirs? >> at one point, yes. they're basically saying that, look, we're betting that assad taking control of syria is going to mean less refugees for europe. >> if the war ends. but who's going to give up over there? people in the middle don't give up. israelis will fight for all of judea and samaria. t

[laughter] sme faces launch 1000 hips, some stop a volcano. volcano, i would not cross her. [laughter] the bayoneter they were in when london, the businessman struck what they called the bayonet constitution strapping them of royal powers. another four years later, he was ruined, depressed. he went to see a doctor in california and died. she became queen. the fix was in for her. wasof the things she did preside over the opening of the bishop museum. she was a christian, but like her brother she had the native superstitions. she was under the influence of a friend of hers, who became a fortuneteller. hererent lobbies would use fortuneteller to get to her. one night she told her, wait, i see a vision, a man will come tomorrow with $100,000, you must take it. it was someone from the lottery lobby, which did her no political help. there is an american journalist that said she had struck a striking presence he would not -- she had such a striking presence you would not recognize her from a photo, she looked different from every angle. thurston, a really nasty piece of work, a gra

passengers have been stuck on been sme ride four times in the last three years. >> that is my worst nightmare. worsts is why i don't do roller coasters. also that ride in particular, don't go on it. clearly. clearly. charlie rose is going to stay riding the rails. kay. >> two police officers were fired after witnesses filmed werepunching and stomping a man during a traffic stop. ahead how one of the fired officers first lied and then ,,,, >>> ahead inside the command center with the hubble telescope on moons orbiting saturn and jupiter. >> you're watching "cbs this morning." to reach my goals. so i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating what's within me with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7. it comes in an easy-to-use pen. and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2