ceo doug macmillan is vowing to do better. faring much better, best buy trading higher.e a $.62 per share in -- best earnings that bes buy made $.62 per share in adjusted earnings. the momentum is continuing. speaking of turnarounds, netapp are trading higher after it be earnings -- beat earnings by 10%. green capital is saying the turnaround here may have legs. david: thank you so much. next, economic upside to trump. we take a look at what the president-elect's policies could mean for markets. bill will be here to talk about trump's infrastructure plans and what they mean for his business. this is bloomberg. ♪ jonathan: from new york, this is bloomberg. , aer president-elect trump tax cut is expected, but how bank and how will it be painful remains a big question. the author of this piece i am pleased to say has the train or first flight from d.c. to new york along with carl. you write that republicans and the trump transition team are paying for the tax cuts using macroeconomic modeling. let's talk about the models. models.are the newer the dsge models. here is what t

we know the ceo doug macmillan last month said he expects income next fiscal year, and here we are talkingut the 12 month starting next january to be, quote, relatively flat. let's find out why. walmart's outlook sent its shares tumbling at the time, signal the retailer needs to do more to compete against amazon and draw customers into its supercenters. walmart has been pouring money into its website as well as its mobile app, unless quarter online sales grew almost 12% from a year earlier. if you compare that to total u.s. online sales, those rose almost 16%. certainly a big difference there. this year walmart aims to grow online sales at a rate of 20% to 30%. over 200 million unique visitors. walmart is also looking to make shopping more convenient, holding and some elements from its online grocery ordering program. the company is the largest u.s. grocer. that company makes up 56% of its u.s. revenue. builds and reinforces its online presence, walmart is pulling back on new openings. it is spending more to spruce up its existing stores. the real deceleration doesn't take place until fisc