larry lindsey, former economic adviser to president george w.s. is happening before our eyes. shift in human history sixty to seventy million people are moving to cities every year. at pgim we help investors see the implications of long term megatrends like the prime time of urban expansion, pinpointing opportunities to capture alpha in real estate, infrastructure and emerging markets. partner with pgim the global investment management businesses of prudential. the first stock index ♪ (musicwas createdughout) over 100 years ago as a benchmark for average. yet many people still build portfolios with strategies that just track the benchmarks. but investing isn't about achieving average. it's about achieving goals. and invesco believes doing that today requires the art and expertise of high-conviction investing. translation? it's time to bench the benchmarks. . >>> welcome back. 18 minutes to go. checking out these markets which are ripping higher today. pretty much all the components of the dow 30 are higher as well. the industrials up 328 points.

jimmy, what -- aren't these different agenda items, separable, except in the sense, as larry lindseyed out and another earlier that, yes, that the idea is here there are tax things in this health care bill that makes tax reform an easier solve? >> listen, spicer said himself that passing health care first opened up fiscal room to do bigger tax cuts, all right? if health reform fails -- >> makes it harder, but doesn't destroy it? >> yeah. listen, makes it harder to do a bigger tax plan. listen, it is an existential issue. failure makes them smaller but failure to pass this border adjustment provision, very complicated and they just failed passing something complicated, if they don't do the border adjustment, that tax plan gets even smaller. the bottom line here is if health care fails, the odds of creating a big stimulus plan have gone down. >> jared, you see it that way or even more in more dire terms? >> well, i think that jimmy is trying to get at a very important point that underscores this aspect of the debate. it's a technical point that markets are starting to really clue in on

i buy into his notion and larry lindsey's notion, i agree wit, the dollar will go up if you pay in therency on top of that. >> said the same thing, david tepper. >> gradually. but he didn't say the part about paying in the local currency, which makes that -- do you have time to change -- >> but china's manufacturer wants to sell home depot. the merchant sits down and says by the way from this day on we're paying in your currency. he doesn't accept it, he hasn't got the business. the biggest thing of all. the job opportunities in america are staggering. if i have a moment i'll give you an example. there's a little town called paris, tennessee, in the northwest corner of tennessee. emerson electric had a plant there, 900 people. they were manufacturing all the power towels for sears, roebuck. they got a call one day, you're done, we're going to china. chuck knight called bernie. bernie and i flew out we made a deal. we'll move a lot of our private label stuff up. part of that deal we got rigid brand, a powerful brand in home depot only. we saved 900 jobs. they had balloons. i got a bat i

we have larry here, an economist and lindsey.ey, let's say the tax cuts get put off and the markets have been running up in anticipation of them, how are they going to make them richer and make earnings more realistic and facing the stock prices that don't look so heady or crazy. what do you think? >> that's the problem. at the point the market is ford ward looking. we haven't seen much improvement in the economy but business it's and consumers that this program's agenda of creating a reduced tax, reduced cost, regulatory environment is going to usher in this area of pro growth. getting the economy back on track. if we start to hear that the president and the administration is pushing this agenda out or potentially this agenda is becoming derailed, there's very little that the market can hang their hat on. confidence only take the market so far. we'll need to see the positive policies translate to reality in order to maintain this type of momentum in the market at this point. >> i heard you and maria bartiromo into this that demo

larry drumgogle.rumgogle. during the confrontation drum d going bell was stabbed and killed. killed. more from that heavy statedsted family. family. lindseyd family have gathered here where larry drumgogle livedrry m and everyonego is heartbrokenarn and just in shock.shok. nobody expected something liket this would happen when drum going bell was just at workl wak trying to do this job at the joe mall. i just spoke to his 11-year-old son and here he isei describing his father. >> he was loving. he wouldn't mind, you knloowvi,, helping anyone.any. he gets along with everyone.ver. never had any problems butmsb what happened it was just so tragic but i pray for onefo thing, that justice will be be served. >> reporter: and family tells me they were prayingwer that the suspect will be caught soon. drumgogle worked fored for burlington coat factory for afor number of years but he only recently transferred to therred store at potomac mills.mi it was around 2:30 yesterday yea afternoon when police say heen e caught a man shoplifting fromfrm the store. drumgogle and another lossher ls prevention employee went afteroe him.r there was a confrontatio

larry drunkle was stabbed by a shoplifter yesterday. they are looking for the suspect. "fox5" lindsey watts talks with the victim's formally she's here with more. >> reporter: the family is heartbroken. he leaves behind a wife and three children. two adult daughters and 11-year-old sop. no one with make sense of what happened. >> he was really kind and loving. he would not mind helping anyone. >> family says malkai and his dad were two of a kind. >> spitting image of him. >> taking every opportunity to spend time together. >> he would come avenue day and have lunch and he cared, he cared about me. >> at 11 years old malkai said good-bye to his dad for the last time on saturday. >> it's important it tell you parent every day you love them because you don't know what can happen. >> no one could have known it's coming. larry worked in loss prev recollection at burlington po po mack mill. he so spotted a man hospital living and couldn'tedeled hip and jamal kingsbury stabbed larry if front of the store. >> he's 4 years old. now his life is gone. he's not going to be with his children. >> l

larry drunkle was stabbed by a shoplifter yesterday. they are looking for the suspect. "fox5" lindseymally she's here with more. >> reporter: the family is heartbroken. he leaves behind a wife and three children. two adult daughters and 11-year-old sop. no one with make sense of what happened. >> he was really kind and loving.

. >> to the point of recusal, you have republicans like lindsey graham who say it's a no-brainer. you know what, larry, hold on, i've got to go back to capitol hill right now. house speaker paul ryan taking to the podium. >> president trump has already signed a number of important pieces of legislation. this week he signed two bipartisan initiatives to expand opportunities for women in science. this includes barbara comstock's bill to encourage young women to pursue careers in the s.t.e.m. fields. the president has already signed three bills into law that block harmful regulations. this includes protecting coal country from rules that would have wiped out thousands of good paying family supporting jobs. this is the first time since 2001 that congress has reversed harmful regulations under the congressional review act. the house has already passed another ten of these bills. so more relief is on its way. we're also making progress on our work to repeal and replace obamacare. working very closely with the trump administration, we will soon introduce legislation to help lower costs, increase choices, and