course has the potential to weigh on business sentiment german industry german chamber of industry and commerce said that business is at the moment much less optimistic that they were than they were at the beginning of this year. in frankfurt thank you. how would you sell a pencil shouldn't be too hard right after all they're in demand from katmandu to kinshasa but with protectionist tendencies on the rise doing business around the globe has become more difficult lately and changing standards and regulations are increasingly taking its toll on one of germany's oldest companies best known for its pencils and everything else you'd find on a well organized disc. compass says like this are often used for school design or technical applications the biggest components the arms made from metal that contains lead to some countries that's a problem. overnight south korea reclassified a compass from drawing a quick meant to a child's toy which isn't allowed to contain lead that's just one of the many measures countries have taken to restrict imports. a company like stuff which exports eighty percent of i

of the german chambers of industry and commerce let's take a listen to what he had to say.before our investment is needed as our long term decisions for companies. if we don't know where things are headed is germany as a leader in european and international development becomes a weaker partner if the problem. is why we're appealing to those with political responsibility not to rule anything. for more. from the government so-called grand coalition to a new edition of jamaica everything i think must be considered for. you let's get the view from the trading floor now with financial correspondent con about abuse and frankly conrad we just hit heard there that warning for clarity in order to advise long term investment decision making is that concern being echoed on the dax. not if you look at today's performance of the german share index tax hell and it's managed to recover from early losses in the course of this trading day but many traders here are convinced that the potential for the german share index stacks to see here and drag this year has been severely.

analysis i'm joined by father ties the chief economist of the association of german chambers of industry and commerce good to have you with us how do you assess last night's decision to let these preliminary talks collapse there's certainly a. great extend of disillusion among german business leaders because here many there was wishful thinking that some ideological based gaps when it comes to questions of economic policy climate change could have been overcome let's say between the liberals the free democrats and the green party especially and also when it comes to immigration policy so this also collapsed for the moment but nevertheless the situation is not that bad in germany it's good because there is business confidence and the will keep on turning now one of the officers on the table here is a minority government do you does your organization think this is a viable way to go the best way to go is now to take a breath and. become for the moment so we we have an acting government we have a business confidence quite high there are investment plans on the rise so what we need is more a good solutio

course has the potential to weigh on business sentiment german industry german chamber of industry and commerce said that business is at the moment much less optimistic that they were than they were at the beginning of this year. in frankfurt thank you. now why would you want to build a solar power plant in a region that gets an average less than four hours of sun a day it's probably a good question unless the region's name mr noble a place looking for a new lease on life after the nuclear catastrophe of nine hundred eighty six which helped put sustainable energy like solar on the map. there are few signs of life in the no go area surrounding the disaster site just an information center selling souvenirs and offering tours but a solar power park is now being built here the modules are going up in the thirty kilometer belt of wasteland that surrounds the old reactor a german ukrainian consortium is behind the project which is scheduled to go online in february it will supply significant amounts of clean power to the region. for comparison with this output you can energize approximately two thous

there is that i work in our two fold i work in artificial intelligence machine learning in commerce and industry so if we got a big practical problems the other half that i work on are what we think of as pure science problems not only in the life sciences but but in the physical sciences as well and there we will use our machine learning to sift through a universe of data which is so big that decades of human scientists all their lives they could spend looking at this data and they'd still not spot interesting things in it and yet computers can do this and help us these areas where i augment ability of doing science it spots things like a normal is it lets us detect weird and wonderful things like gravitational waves neutron stars colliding with each other it tells us about amazing incredible things in the universe around us but it also helps us understand the complexity of biology it helps us discover innovative new treatments and innovative new drugs that offer a ray of hope in the in the most awful diseases so these so that the wonderful benefits of being able to look at the oceans of data a

from the wings gary left about changing seating charts on airlines and will examine how online commerce is disrupting the retail industry. first while american united and delta all offer basic economy southwest does not in fact the airline c.e.o. calls a second class others call it third class or steerage to get his take we sat down with gary left founder of you from the wing dot com lindsey first asked him why some of the biggest airlines in the u.s. are doing this here's what he had to say. what the airlines have done the three large largest airlines have done is they're offering fewer of the normal benefits the you expect as part of your travel on their cheapest fares you're not going to be able to change a ticket at all you're not going to get a seat assignment before you check in and in the case of american united you're not even going to be able to bring on your normal full size carry on bag if you're buying one of these fares the idea is to make the travel experience more difficult with these fares in hopes that you'll spend more money for the things that used to get included in your ticket. the basic economy far

and then i have a dozen questions to ask. lady, is a member of the afghanistan women chamber of commerce and industry. wayne, a former ambassador to economic affairs bul.he u.s. embassy in kaubl and ceo of president the afghan chamber of commerce. and we have a member of the federation of afghanistan's craftsman and traders. i would like to talk about the u.s. perspective and jump into more of the local voices. we will start with a feel-good story, i would like to ask some questions about the achievements of afghanistan in the private sector in particular. anthony, what are the three main achievements the private sector in afghanistan has to accomplish? >> i will start with the private sector. afghanistan -- looking at it in context, it is weird c-span is here today. we have a larger audience than just the audience here, watching. it is important the american public know the success afghanistan has had with a lot of support from the united states and other donors have not just been in health and education and women's empowerment. there is a of success going on in afghanistan. in light of that success c

industry. as k-p-i-x five's sharon chin >>> there was plenty of hype about cyber monday and it paid off for the online retail industry. >> yesterday was reportedly the biggest e-commerce day ever in the u.s. ♪ >> reporter: record-breaking sales ring up over cyberspace. many retailers kicked off cyber monday bargains early. >> how are the deals? 20% off and free shipping. >> reporter: cyber monday sales are expected to reach $6.6 billion, up 16.5% over last year. >> the black friday through cyber monday sales were good. very enticing. >> reporter: iphones and more. >> i got a macbook air, about $200 off. cyber monday is the future. >> reporter: for the first time, online sales are expected to exceed brick-and-mortar purchases this holiday season. traditional stores like best buy, target and walmart are pushing deep discounts. amazon is expected to emerge a big winner, sending the shares sky high. packages are flying off the shelves at this tracy warehouse. amazon customers, worldwide, bought 64 million items on cyber monday last year, 740 per second. this busy season has amazon looking good. >> it was a click of the button and it arrives on your doorstep. really easy.

other african parks and so gradually the navvy will come back to life now let's go to port harcourt in nigeria to be for size it's painful it's all industry i need a major center of commerceso far environmental protection has meant very little and many take it's own notice but very few exceptions some of the people living in port harcourt have built their houses to a climate friendly standard let's take a look. a myriad of challenges of. presidents amongst them ah poor housing conditions and pos apply just over half of the population in the country to reliable electricity and even when the power is on it's very expensive only a small portion of. trickle through our fingers and. it seems to be running out. that's hardly any industry that uses. the precious fax number. thirty. make your smart t.v. smart or with. what you want when you want it up today extraordinary. to decide what songs find out more. dot com smart. when i'm traveling to be comfortable. but i also want to stay up to date on the latest news and events. and d.-w. makes that part of traveling easy just because it's available and thousands of hotels resorts and cruise ships worldwide. have you found a domain si

e-commerce is growing, industrial and automotive companies are growing.exciting thing for us is small to medium-size customer base that is really driving that growth. quick so where do is the new investment going? are 33 major cities we are investing in an expanding to 20 new ones. we also created a joint ventured to allow us greater coverage across china and take their customer base outside of china as well, using our network covering 220 countries. >> where else do you see growth in the asia pac region? it's among the fastest-growing regions in the world for you. >> we are seeing good growth across all the regions. vietnam is consistently one of the strongest growing parts of the environment it has created here for us to do business. we have really strong manufacturing and customers here that are growing. we just put in a flight from ho chi minh city to our hub and we can get the enemies customers to anywhere in our network. >> isn't the business getting disrupted by the likes of amazon? they are testing new -- testing new ways of delivery. >> there is

industry would be put at risk. we can speak to volker treier, the number two at the german chamber of commerce and industry. about the no deal scenario? absolutely. we are worrying about the exit negotiations going on in brussels and our concern is that we are heading to and no deal scenario. but our major concern is that the integrity of the single market is going to be threatened if we had a deal which put the uk in a position where they are better off and like an avenue of pick and choose and other eu members would follow it. there are two concerns right now. some of those concerns would be answered by a future negotiation, and negotiation about the future trading relationship. michel barnier says nothing is agreed until everything is agreed. would it not be better to get on with that discussion about the future and put the cash to one side? it will all come out in the wash anyway. but the clock is ticking down and that is for sure. the greater the risk of a no deal scenario that means that both sides have to be very much clearer on their position and maybe have to head for compromises and concessions. b

and then i have a dozen questions to ask you. first a member of the afghanistan women's chamber commerce and industry. ambassador anthony wayne a former deputy ambassador in kabul and coordinating director for development and economic affairs of the u.s. embassy in kabul. jeffrey grieco is president and ceo of the afghan american chamber of commerce and former usaid assistant administrator and mr. hussein a romney entrepreneur and member of the federation of afghanistan craftsmen and traders. i would like to divide the panel into the u.s. perspective and jump into one of the local voices. we will start with a feel-good story. i would like to ask some questions about the achievement of afghanistan and the private sector and in particular in the last 16 years. jeffrey grieco and anthony wayne but in your opinion are the three main achievements that the third and afghanistan have accomplished? >> i will start with the private sector. afghanistan, i think you have to historically look at it in context and i'm very aware that c-span is here today so we have a larger audience than just our audience here toda

and predatory industrial policies. they ignored the rules to gain advantage over those who followed the rules, causing enormous distortions in commerce and threatening the foundations of international trade itself. such practices, along with our collective failure to respond to them, hurt many people in our country and also in other countries. jobs, factories, and industries were stripped out of the united states and out of many countries in addition. and many opportunities for mutually beneficial investments were lost because people could not trust the system. we can no longer tolerate these chronic trade abuses, and we will not tolerate them. despite years of broken promises, we were told that someday soon everyone would behave fairly and responsibly. people in america and throughout the indo-pacific region have waited for that day to come. but it never has, and that is why i am here today -- to speak frankly about our challenges and work toward a brighter future for all of us. i recently had an excellent trip to china, where i spoke openly and directly with president xi about china's unfair trade practices and the enormous trade d

and predatory industrial policies. they ignored the rules to gain advantage over those who followed the rules, causing enormous distortions in commercend threatening the foundations of international trade itself. such practices, along with our collective failure to respond to them, hurt many people in our country and also in other countries. jobs, factories, and industries were stripped out of the united states and out of many countries in addition. and many opportunities for mutually beneficial investments were lost because people could not trust the system. we can no longer tolerate these chronic trade abuses, and we will not tolerate them. despite years of broken promises, we were told that someday soon everyone would behave fairly and responsibly. people in america and throughout the indo-pacific region have waited for that day to come. but it never has, and that is why i am here today -- to speak frankly about our challenges and work toward a brighter future for all of us. i recently had an excellent trip to china, where i spoke openly and directly with president xi about china's unfair trade practices and the enormous trade def

other african parks and so gradually the navvy will come back to life now let's go to port harcourt in nigeria to be for size it's painful it's all industry i need a major center of commerce so far environmental protection has meant very little and many take little notice but very few exceptions some of the people living in port arthur have built their houses to a climate friendly standard let's take a look. i really have challenges affectionately our nukes presidents amongst them are poor housing conditions and power supply just over half of the population in the country house access to reliable electricity and even when the power is on it's very expensive only a small portion of people will be able climate friendly energy. besides that in many areas people don't have access to serve drinking water and good sanitation a team of green architects and engineers wants to change that in southern nigeria they build low energy houses these houses are designed to be climate friendly and cost efficient they have been built self call in systems use clean solar energy and we use their water to date sixteen adults and twenty two children live in what they call the eco village one of

fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and,maybe a little magic. ♪ feel the power of thenew power...smax. ...to fight back theraflu's powerful new formula to defeat 7 cold and flu symptoms... fast. so you can play on. theraflu expressmax. new power. what if we could keep more amof what we earn?d. trillions of dollars going back to taxpayers. who could possibly be against that? well, the national debt is $20 trillion. as we keep adding to it, guess who pays the bill? him. and her. and her. congress, we should grow the economy. not the debt. ♪ >> dickerson: you can keep up with the news of the week by subscribing to "face the nation" podcast available every friday podcast available every friday evening. oi ♪ that's it? yeah. ♪ everybody two seconds! ♪ "dear sebastian, after careful consideration of your application, it is with great pleasure that we offer our congratulations on your acceptance..." through the tuition assistance program, every day mcdonald's helps more people go to college. it's part of our commitment to being ame

you can control, and we're today all of our companies combined have $4 billion or $5 billion of gross transactions within e-commerce, and e-commerce is a trillion dollar plus global industryer share within a fast growing industry, and that's to me where we can spend -- get it is best out of our time. >> as you should >>. >> keep motivating me. >> we're going to open and close every segment with you're a loser. >> bezos, i think he is better looking too. >> this is a handsome man. >> well, he is >> he is comparing jeff bezos to himself wrshs ten years ago. >> anyway -- >> i don't think he is good-looking, by the way >> he has gotten better looking. >> he still is >> i have a lot of respect >> i know you do this is great. you do compete directly, don't you? >> we do compete, and i think -- >> does he know who you are? he may not even know are you on his radar at all? >> i think that -- i think, no i think amazon -- i think am azblon -- >> i don't think so. >> if i could just hide under a little rock and get from $5 billion to $10 billion to $20 billion, i would be really happy. >> i wish we had that -- >> we're focused on our specific businesses i like that. >> we don't hav

towards great britain and the commercial relationships that gave rise to an industrial class in the u.s. give rise to hamiltonian vision of the economy that centered on bankers and commerce. we have these debates happening during the washington administration. john marshall supports george washington and john jay. he becomes a member of congress and of the adams administration. but because of these moves, france becomes inflamed with the united states. france had supported us during the american revolution. debts we no longer wanted to pay after the french revolution. adams, dealing with hostility from france and france seizing goodsips and stealing our destined for great britain. he sends john marshall and other envoys to france to come together with a treaty that can create friendly relations between france and the united states. this becomes known as the xyz affair. with twohall is sent others. the three of them are attempting to negotiate with the french government. the great french foreign minister. they are trying to establish relations with him. he sends his own envoys as well. xyz in the dispatches. they say, you must bribe us, give us an exorbitant loan, to even

fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and,e a little magic. ♪ did yon the national debt?ssman get elected by talking tough will they stay true to their words? or did they promise you one thing... only to do another? right now, congress is talking about tax cuts that will add trillions to our national debt and hurt our economy. it's time to tell congress... don't borrow more money from china. and leave more debt to our kids. keep your word. tax cuts shouldn't add to the national debt. [ click ] [ keyboard clacking ] [ clacking continues ] good questions lead to good answers. our advisors can help you find both. talk to one today and see why we're bullish on the future. yours. talk to one today and see why we're bullish on the future. >> he gives a total denial, and i do have to say, 40 years is a long time. he's run a racist, and this has never come up. >> chris: >> chris: president tp defending alabama senate candidate judge roy moore against allegations of sexual harassment after the president previously said moore should ste

and even when you look at the e-commerce number, only 7.5% growth for the main brand, that really lags from the rest of the industrymmerce, they been growing more aggressively prior to this quarter? sarah: they had been and they had strength in the quarter that included the summer, there was an anniversary sale where they previewed the fall merchandise. and it was a real e-commerce strong point for them and it looks like that has stopped a bit. scarlet: nordstrom rack was the part of the business that was supposed to provide the next leg of growth and it is something that other chains like macy's are really counting on as well with their backstage concept, is this the downside of controlling inventory so well where you do not have a lot to move over to the off chain, or rather the off-price chains? sarah: i am not sure it is inventory, because they have separate buyers for the operations. i think what you see is off-price is getting really crowded. t.j. maxx is still opening their doors at an incredibly strong clip. and across his opening stores -- ross is opening stores and macy's as you said is bringing the press

goods currency manipulation and predatory industrial powers they ignored the rules to gain advantage over those who followed the rules causing enormous distortions in commerce and threatening the foundations of international trade itself trump has vowed to correct some of the trade deficits the united states has built up particularly in asia but the america first policy that he campaigned on ahead of last year's election is seen as protectionist it runs counter to the multilateral globalist approach of most other apec nations including china president xi jinping spoke soon after trump and painted china as a champion of globalization. openness brings progress while seclusion leaves one behind we the ocean pacific economies know this too well from our own development experience we should put in place a regional cooperation framework that ensures consultation among equals with participation and shared benefits. that's what the trans-pacific partnership trade deal is supposed to achieve it doesn't include china or the united states after donald trump withdrew the remaining eleven members are hoping to come to some sort of agreement during a pic but a planned le

fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and,a little magic. ♪ >> dickerson: that is it for us today. be sure to tune in to cbs this morning with norah o'donnell and gayle king have some of our cbs affiliate wcco-tv reporter and anchor interview with al frank franken. interviewed him more than a hundred times. this will be one we don't want to miss. until next week for "face the nation" i'm john dickerson. s captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org the following is an important paid program about humana medicare advantage prescription drug plans. welcome to your medicare your decision, the program that guides you through the medicare options available from humana. there are many different medicare choices available today, but are you sure you have the right medicare plan? are you with the right company? do you wonder if you could save money with a different plan? no matter what medicare coverage you have now, this program will give you the information and facts you need, so you can make

year and washington is calling this probe intended to advance president trump's tough on trade agenda. the commerce department said it has evidence that the imports pose a threat to the us industryted by the international trade commission with final decisions expected by next year and if final decisions expected by next yearand ifanti—dumping final decisions expected by next year and if anti—dumping duties are indeed imposed, it could be as high as 60%. we will keep a close eye on that. i imagine beijing's reaction won't be nice. asia was reacting to that missile test coming from north korea. the first one for some 75 days. so, that has kept traders busy in terms of the geopolitics and what could happen next, but they are reacting to the night before on wall street. a1% climb on to the night before on wall street. a 1% climb on wall street. also the bitcoin going over $10,000. it has been a busy period of time. and samira hussain has the details about what's ahead on wall street today. janet yelland will tv on capitol hill. this comes two weeks before the central bank's next policy meeting. where it is widely expected to raise interest rates again for the third time this year. n

and not fall into the hands of minors. >> reporter: the silicon valley organization the city's chamber of commerce is in favor of recreational sales. the president and ceo wrote a letter saying the cannabis industry generates $105 million in annual revenue. >> get it out of the black market, bring it above board, tax it, regulate it, that's going to be a success for the city, for the club owners, for the consumers. >> reporter: the city's approval is only the first step, dispensary owners would have to get a license from the state before they could start selling on january 1st. >>> happening today santa clara county supervisors are set to approve funding for six affordable housing projects. one is a 64 unit apartment building on a vacant lot in san jose. the money is coming from a $950 million bond measure voters approved in 2016. the county wants to use the machine to build more than 3,000 affordable housing units. >>> check out how much cooler it is where the clouds have cleared out up in the north bay, 7 to 9 degrees cooler than this time yesterday. clouds lingering along the east bay and south of the san matteo bridge. still warmer than yesterday but the cooling trend will take over your neig

and our car industry is doing very well and our product is fantastic. so we will have to negotiate that out. documentsaked reportedly show commercer ross retaining a stake in a shipping company with ties to a russian businessman under u.s. sanctions and to president putin's son-in-law. saysommerce department and has never met the owner never knew of the relationship with the kremlin. new york president bill dudley is close to announcing his retirement. several sources say the announcement could come in the next few days. be ready toid to step down well before the end of his term in january 2019. such move would raise questions about fed policy under jerome powell. the toppled catalan separatists leader and members of his government have been freed on bail and belgium head of a court ruling on an arrest warrant issued by spain. the separatist are prevented from these in the country. to policehimself in on sunday and will face court within 15 days. says the boe may not be able to cut interest rates to boost growth if the brexit deal turns out to be worse than expected. the governor said the decision to leave the eu is already hitti

commerce secretary of the united states. he is responsible for various areas of trade and industry, including shipping. ite apart from the russia element, this is the commerce secretary of the u.s. carrying on in his own industrial business while being in government. he says he has recused himself from that area of business. but that still presents problems. it also this trump administration is responsible for imposing sections on various russian companies, some who were involved in sibor. that is a pretty big conflict of the part of this team and posing sanctions while doing business with people who are sanction. amy: only come back, the seven republican super donors who keep money in tax havens. jon swaine is our guest, part of the team publishing stories on the paradise papers. stay with us. ♪ [music break] amy: this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman with juan gonzalez. casinost is jon swaine reporter for the guardian, part of the team publishing stories on the paradise papers. one of his new stories, "the seven republican super-donors who keep money in ta

or performs a break out strategy in the dow itself the measure is commerce, tracking trains, brakes forward. if both the industrials and the transports hit new highs i tell you the move is legitimate and can be trusted and it is real. this is some of the oldest technical work the founder of the wall street journal who created dow theory, you often hear at the top of the show i like how the transports are acting, that's because i'm trying to see if the move is staying power in order to bless it the bank indentation is important to me. the housing indentation, the semi conductor, the sox. and the rth. i like to see all these industries move up in sync before i truly bless a market move for you if we get a move up without confirmation for the majority of these indexes the whole rally can be a fake-out and can't be trusted. the classic example, if you go back up to the moves for record highs up to the recession, you'll notice something pretty incredible thank you go back and study. you'll know there's no participation among the financials, retellers or techs technical analysis got you out of the company before it was too l

and yale, wilbur ross grew a successful career. according to his official biography on the commerce website, he has restructured over $400 billion in assets in virtually every industry in the american economy, from insurance to oil and gas to trucking, banking, restaurants, real estate, and pretty much everything in between. he's been a chairman or lead director of more than 100 companies operating in more than 20 different countries around the world with bipartisan support on february 27th of this year, wilbur ross became the 39th united states secretary of commerce. secretary ross, welcome here to dentons. well, nafta 2.0 is the name of our event today. a topic about which of course all three countries are incredibly engaged in. want to hear your comments in round four about what's going on. why don't i leave that open. round four started today. highly anticipated. how are the renegotiations going in your view? >> i have asked my associated to hand out to you a little one sheet of paper. this shows the topics that are going to be covered out to you sheet of paper. this shows the topics that are going to be covered in this round. the round that began today original

and predatory industrial policies. they ignored the rules to gain advantage over those who followed the rules, causing enormous distortions in commerceeatening the foundations of international trade itself. such practices, along with our collective failure to respond to them, hurt many people in our country, and also in other countries. jobs, factories, and industries were stripped out of the united states and out of many countries in addition. and many opportunities for mutually beneficial investments were lost because people could not trust the system. we can no longer tolerate these chronic trade abuses. and we will not tolerate them. despite years of broken promises, we were told that some day soon, everyone would behave fairly and responsibly. people in america and throughout the indo-pacific region have waited for that day to come. but it never has. and that is why i'm here today. to speak frankly about our challenges and work toward a brighter future for all of us. i recently had an excellent trip to china, where i spoke openly and directly with president xi about china's unfair trade practices and the enormous trade deficits

upside to the overall numbers for the industry, the e-commerce industry there's going to be upside to the amazon numbers for december for the unit growth rates andp in mind this is the number that always blows me away, still only about 15% of stuff in the u.s. is bought online. we're going to have the same conversations the next few years. >> upside potentially for apple, as well, gene? >> i think so. i mean we're still seeing even though supplies improved the iphone x, it's still relatively tight. we're not going to reach supply/demand equilibrium until the march quarter. that's good news for investors because some of the demand gets pushed into march and i would look for positive guidance it's still early to be saying that, but i think that's how the supply is setting up, it should be favorable for the march guidance for apple >> gene, thanks. our thanks to you, as well, mickey >> thank you >>> when we come back, the koch brothers backing a nearly $3 billion bid to buy time inc. we're going to talk to time editor walter isaacson and kara fisher about the deal. >>> later an exclusive with ken griffin. you do not want to miss that and records ac

commerce to self initiate a dumping case. first time we've used that since 1991. the self-initiation is very rare, and it's designed to accelerate the process and save u.s. aluminum industry costs. we're going to watch this very clearly. but right now, we're talking about an amount of aluminum worth about $603.6 million happened last year and the new commerce china probe aimed at imports of common aloy aluminum sheet. and you can see it's down 1.5%. it had been flat when this news started to break. so we are keeping an eye on aluminum and much more. but it speaks to a bigger issue that the trump administration going all out just after meeting with china xi after getting the two nations together to tap down on north korea's big time saber rattling. markets today unrattled. right now, we're up 250 points. folks, when we started the show, we were up 90. right before it, we were up 90 on the dow. now up 254. the nasdaq better by 31, s&p is charging ahead by just about a percent here. russell 2,000, biggest percentage gainer of all floor. up 18 points. as we wait for president trump speaking. john, forgive me if i have to interrupt here. but i understand adding back to what we

fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and,little magic. ♪ >>> welcome back to "worldwide exchange." futures pointing up higher with us now bob dole, chief exwitt at this strategist. thanks very much for joining us. as we see, the rest of the year shaping up, are you optimistic markets can continue to push higher >> i suspect so, wilfred you just said today is slightly higher that's kind of how i look at december it's a seasonally strong period. the trends have been pretty good we don't have the problem of inflation or flat yield curve or rising credit spreads. we have earnings that are still pretty good. we're going to have to watch carefully the progress on the tax bill in washington, d.c. i suspect there will be some moments where it looks like it's not going to happen. that could create a little bump in the market. i believe we'll get a bill done early next year. for the moment, green lights >> bob, the jobless rate hit 4.1% in october. that's the lowest reading since december of 2000 where do you see inflation headed thoug

goods currency manipulation and predatory industrial powers they ignored their rules to gain advantage over those who followed the rules causing enormous distortions in commerce and threatening the foundations of international trade itself trump has vowed to correct some of the trade deficits the united states has built up particularly in asia but the america first policy that he campaigned on ahead of last year's election is seen as protectionist it runs counter to the multilateral globalist approach of most other apec nations including china. president xi jinping spoke soon after trump and painted china as a champion of globalization. openness brings progress while seclusion leaves one behind we. know this too well from our own development experience we should put in place a regional cooperation framework that ensures consultation among equals with participation and shared benefits. that's what the trans-pacific partnership trade deal is supposed to achieve it doesn't include china or the united states after donald trump withdrew the remaining eleven members hoping to come to some sort of agreement during a panic but a planned leaders' meeting to sign off o