liz ann, stick with me. let's bring in brynn talkington and before brian levitt, brynn a cnbc contributor. welcome to you both. brian, how does all that sound in terms of where we begin this year? i guess the kind of basic case was the economy is in decent shape, the fed is perhaps doing some cutting, earnings are broadening out, and, you know, credit looks great. what else do we need to know? >> i think that all still exists. i think the broad backdrop exists. the challenge we're dealing with now is there is a little bit more policy uncertainty than we were dealing with last year. i liked what liz ann said about this being more like 2018 than being like 2017. think about 2018, there was uncertainty around the fed. they raised rates, they're not going to raise rates this time. how quickly are they going to bring rates down, re-adjusting a little bit as well as the uncertainty around what the trade policy is going to look like. so, i think for investors, what are we down here, 5%, 4% or so, we didn't feel a l

. >> finally, liz ann, do you think the tax issue in the scope of the whole year will be the most importantr equities? >> possibly, but not to the same degree as we saw the benefit of the 2017 tax cuts accrued to the equity market to the economy because we're now just talking about the extension of the 2017 act, not a whole new round of tax cuts. and i think that's why you may be seeing a little bit more muted action on part of a lot of the survey data with regard to tax policy. i think there's less optimism because we're dealing with an extension, not a rash of brand new tax cuts. >> liz ann, it's going to be interesting in the coming weeks. look forward to talking again soon. thanks for coming on. >> my pleasure. >>> president trump did hit the ground running. he signed dozens of executive orders yesterday. this was just shortly after he was inaugurated. megan cassle has a closer look at the orders that may become very important for investors. what do we know here? >> reporter: hey, david. good morning. almost four dozen of these executive orders signed yesterday. but the meatiest ones fa

liz: he's a gang banger with 17 convictions and isn't it bad when they're praising biden and obama? >> that guy is a legitimate illegal immigrant but, man alive, that couldn't be more devastating for democrats annef a republican strategist drew it up in a laboratory. that's insane and what we're dealing with. i want to look at my democrat friends charitably and there's some from new york and texas and they understood that the extreme left of their party has been wrong on the border for a long time. we see that the fever is breaking and we see that increasingly democratic politicians are realized their extreme left and out of step with the rest of america and that's a chance to do some of these things together. that's what we need to get done. and president trump going with robotic and executive orders and going for that and it's on the laken riley reacting to make america safer. liz: that's an interesting point and going for them to show games and mured under biden white house and intentionally going to close the border. >liz: military aircraft and goig for them and san diego and new mexico building illegal alien detention centers at border and the president is shutting down biden's processing o