peter: how does 5g fall into all of this? have you been following that? peter c: 5g? peter: yes.ter: it is faster and pipes. now we are a mobile first world or in. it's not just millennials who are mobile first anymore. all of us now pick up our phones and are watching videos and one thing on that, peter six years ago nobody in the traditional media world believed that we would be watching tv shows or movies on our mobile devices. very few did. here we are and we are very much a mobile first world right now. , and as we get faster and faster higher-quality video. not just that. then you get into immersive services. you need more and more data being pumped through. peter: we are here at ces. what caught your eye here? this may sound like a copout. there wasn't anything that caught my eye that i didn't know about. ces is always about television. no matter what happens, ces is always about television here it higher end and how much higher can we all go? we always ask that question, yet they keep churning them out and we keep buying them. voice is ary is that very big story. this is

peter kostis, what's the lie for gary look like? peter: pretty good.3 yards to the hole. the problem is he the a low-launch player and he's going to have to deal with that lip of the bunker and the long grass in front of him. nick: if you're going to go with a gap wedge and you try a little too hard with it then you mis-hit it and it will go nowhere. the ideal shot from there for me would be a nice chip with a wedge, just to trap it. but you can't trap it so he's going to release it, try and get it high. you use your wrist more and run the risk of hitting it a fraction fat. peter: the good news is he's on a slight upslope that will help things but it's a far more difficult shot than what chez has. nick: nice to sometimes get to use the bounce on a pitching wedge. it's a little bit more forgiving than the sharper edges of your 54-degree or something. peter: chez had 148 in regulation. he has 145 now. lightly -- slight little different angle and stance but he'll know how hard to hit this one. nick: the first one he knew was going to go left so it's scary

peter? peter: 240 to cover the bunker in the front. 250 to the hole. jim: he's begging for it to go. nick: oh, with the lofted metal it bites nicely back of the green. fabulous shot. priority was get it over the bunker. forget about the flag. try and get it on the green. that was superb. jim: look at that amazing stat. six of his last 30. there's rickie watching. last year -- of course he won it last year. justin had missed the cut. thomas came out to great him when rickie pulled out of the 72nd hole and now rickie is returning the favor. he missed the cut, as we watch the ball sailing wild left for list. a little appetizer before dinner. nick: should be shrimps down here. [laughter] jim: did list try to do too much with that second shot? nick: may be. really he needed a good old chicken chop. didn't quite put enough priority on the strike. jim: robby ware confirming that he can drop it on the other side of the path here in a moment. dottie: i don't see there's any way he doesn't drop it to the right side of the path. he's going to have 100 to the fron

peter: but what about chancellor merkel?buthe tries her or she neveralates tries to get ahead of developments. she is very cautious. for her, it would be completely dangerous to in sent president erdogan.er president everyone knows he is a dictator and you cannot count on what he will do next. and president erdogan wants more to hurt -- once more tourists to tourists- wants more to come to turkey. turkey needs the money from german tourists. but many tourists stayed on because they were afraid of turkey. the whole issue of deniz yucel bailey made it clear to the germans that it is dangerous to travel to turkey. i think that is one of the main reasons that deniz was released. proper business. bulent, we have seen meetings between merkel and others. that sounds like normalization to me. bulent: that is what the politicians do. the thing is, we as journalists need to tell the reality. of course, i would never ask or weight that my country would have huge problems with germany. of course, they should work together. the relations

peter ex

alexis: peter? peter: i came in in 96 -- 1996. alexis: this is my fifth president. let's start where -- also, to please tweetody, #whcs. i wanted to talk to margaret first. the white house communications and white house correspondents association work together to try to enlarge access. they do that no matter who is president of the association. every president is different. margaret, in the beginning of a first year, what are some of the successes and almost educating a new administration of what the expectations are and what their options are? what are some of the success stories? margaret: i thank my dear friend jeff mason. i was his wing man. look, with any new administration, you have the challenge of them wanting to do things their way and find their footing. in this case, you have an additional couple of layers because the point of the campaign is i do not care how everyone does things, this is how i will do them. and then there was the steve blow-the-hole-thing-up thing. there is a part of the brand, part of the pitch to the president trump base. saying this

-peter: marcus, i'm peter. -steve: marcus, i'm steve. -lemonis: nice to meet you.-steve: nice to meet you, too. lemonis: skullduggery, a family-run toy design and manufacturing company in anaheim, california, was exactly the sort of company that i felt had great potential. the company had generated $1.6 million in sales the previous year, but they were still losing money. steve: it's a big loss. lemonis: and while they had one or two products that had real potential, most of their products were missing the mark and collecting dust. i don't get this game. it's not fun. but if i can increase their visibility on the toys that were selling and push them to create new toys, i knew i could turn skullduggery around. so, i did a deal, and i invested $1.1 million for 30% of the company and an ongoing sales royalty. so, i want to be able to have control over the financial side. i don't want you taking on any debt or taking on any other partners without me being okay with it. -steve: i think that's fair. -peter: you want to shake on it? lemonis: and do we need to run this by

goodbye. ♪ ♪ peter: hello, and a very warm welcome indeed to "fokus on europe," with me, peter cravenalletta, the capital of the tiny mediterranean island of malta, is currently making headlines. it's just been inaugurated as a european capital of culture. so, expect a dense year-long prograof events to mark the island's colorful heritage, including parades and spectacular performances. but another, darker side to the island is also in the headlines. because malta is mired in corruption that it's believed could extend right up to the highest levels of government.

peter: our main aim is to protect lowland rainforest.he orangutan is like our poster child, the ambassador of the rainforest if you will. and if we don't protect it, we will lose the orangutan. 80% of sumatra's rainforest has disappeared over the last 50 years. that means the orangutans' natural habitat is disappearing. none of them could survive in an oil palm or acacia plantation. these monocultures are completely different from their natural habitat. that's why it's so important that we preserve the remaining 20% of the rainforest. reporter: the focus now is on preserving the protected areas that already exist. it's too late for anything else. amoy has also found a new home in the bukit tigapuluh national park, where she's now living in the wild. all the orangutans in this nature reserve were born in captivity -- each one with its own story. rimbani has lived in the wild for years. right now she's coming back to the center regularly to show off her young son radja. peter: when you observe an orangutan, you often see behaviors that are

peter: i would agree with you.ime friends, certainly for the fed this is nothing to worry about. this will not materially impact the wealth. it's a healthy correction in asset prices as far as they are concerned. for the ecb, i think we saw at the last meeting, you can come at with the dovish rhetoric as much as you like, but it will not improve the market yet. when it will improve the market is in march when they present the next forecast. because those forecasts can be downgraded on the inflation side to represent or to reflect the much stronger euro that we've got. by downgrading the inflation forecast, postponing the time the 2% level is reached, that will materially influence market level expectations when rates go up and also the pace at which they can be put up. i think march 8 is when the ecb starts to have an impact on the market. bank of england, this is a big one on thursday. guy: let's talk about that in a minute. matt? matt: before super thursday on -- in london, as we get bmi data looking at a service

peter whittlesea, thanks forjoining us. clearly it is dark behind you and we can still see this now but there has been a big problem from lorries on the motorway there. there has been a problem all day. in the last ten minutes, it has been snowing on and off and what happened today until lunchtime is the m20 was closed. there has been a number of minor accent —— accidents on both sides of the carriageway that cause delays of up the carriageway that cause delays of up to two hours in both directions. the big question is what will happen tomorrow? the critters have been going up and down the motorway but this is the problem. this is still here and as the temperatures are going to plummet tonight, that will turn to ice and this road is like an ice rink already. it isn'tjust causing problems on the roads. just next to the motorway is a high—speed rail link used by eurostar and local trains to london. the ice has meant there have been speed restrictions on the railway and it has caused delays. southern rail have been saying that

times," and nbc national correspondent peter alexander. >> the peters. >> the peters together. well, first of all to you, peter alexander. the president has been in an extensive photo opportunity right now, focusing on infrastructure, which is what they want to talk to. our colleague kristen welker is there. we'll hear from her as soon as she comes out. we don't believe he's taken questions. >> this news just happening. he was just posed two questions by our colleague kristen welker on security clearances. he ignored both of them after spending more than an hour going around the room focusing on infrastructure. the reason this matters, there's obviously the issue, as you'll talk about, about john kelly, his status questions, about his credibility and his leadership here. but remember, as a candidate, donald trump made the test of hillary clinton's competence focused on her mishandling, as they described it, of classified information. the question for this administration, for this president right now is why were people, including rob porter, who did not have the clearances to be

i'll start with peter. peter, first peter chapter 2, verses 13-17. submit yourselves to every ordnance of man for the lord's sake. as free and not using your liberty for a cloak of maliciousness but as servants of god. honor all men, love the brotherhood, fear god, honor the king. how might that go? here is one from paul. which is the most site the text in the revolutionary era. romans chapter 13. it gets a lot of play in the civil war. let every soul be subject to the higher powers. for there is no power but of god. the powers that be are ordained of god. who so ever therefore resist the power, resists the ordnance of god. and they that resist, shall receive to themselves damnation. for he is the minister of god to thee for good. but if thou do that which is evil be afraid, for he bear not the sword in vein. for he is the minister of god, a revenger, a revenger to execute wrath on him that do evil. so obey the king, obey the higher powers because they are ministers of god and represent god. some loyalists like these texts quite a bit. among those we

peter, do you agree? peter: to an extent.'s a lot more capacity in the market to ramp up supply if necessary. i think to a large extent the demand has already factored into the price. if it were the case that demand were to spike up because growth outperformed expectations, opec has the capacity to ramp up if it wants to. i think there's enough supply out there. i don't think the price will necessarily spike as a result. francine: peter dixon, andrew sheets, stay with us. up next, south african president jacob zuma's fate is set to be sealed today. we are live in cape town next. this is bloomberg. ♪ francine: you are watching "bloomberg surveillance." south african president jacob zuma's fate is set to be sealed today when the ruling african national congress meets to finalize the transition to a new administration. zuma has defied pressure to resign since his deputy replaced him as party leader. our south african economy reporter joins us. what can we expect from today's meeting? is it definitely more pressure , and canzuma

peter: surely his message is quite explicit.have a relatively un-significant -- unsophisticated, impetuous president and his message is much more to the north koreans and the iranians. we will use our nuclear capacities. malte: this is h his mesessage t his message does not mean he will use it. his message is -- i give you the message in order not to use it. that is the rationale of deterrence. when you threaten someone with an immoral act in order not to fulfill that act. since 1945.working i think you are climbing up a poll that you will find it very difficult to come down from. and i would like to prevent you from doing that. right now, we have a situation that is completely different from the traditional logic of deterrence. andntially, you have icbms intermediate weapons that were carefully set up in such a way as to produce the effect that you suggest. right now, you have people talking about the actual battlefield use of nuclear weapons in a a way that would he been considered outrageously irresponsible by their predecess

let's start with peter -- first peter, chapter two, verses 13-17. " separate your cells to every ordinance of man for the lord's sake, as free and not using your liberty for a cloak of maliciousness, but as servants of god. honor all men, love the brotherhood, fear god, honor the king." how might that go? ul, the one from pa most cited text any revolutionary time. romans chapter 13. it gets a lot of play in the civil war as well. " let every soul be subject into the higher powers, for there is no power but of god. the powers that be are ordained of god. whosoever therefore resisted the power, resisted the ordinance of god. they that resist shall receive to themselves damnation, for he is the minister of god to the for good. but if you do which is evil, be afraid, for he bear not the sword in vain. for he is the minister of god, a revenger to execute wrath on him that do evil." powerse king and higher because they are ministers of god and represent god. likedf the loyalists these texts quite a bit. among those were methodist like john wesley, john fletcher, and other anglican ministers like

peter: the s&p. thank you so much for joining us, peter cecchini of cantor fitzgerald. let's get to the first word news this afternoon. will nowsident trump have to decide whether to release another memo from the house intelligence committee. this one comes from democratic members. imsounters republicans' cla of misconduct by the fbi in the rush investigation. -- rush investigation. -- the russia investigation. merkel needs the green light from the social democrats to begin a fourth term. the party says everyone wants a solution but negotiations are contentious. poland's president says he will sign into law a controversial proposal to outlaw blaming poland as the nation for crimes committed by nazi germany during the holocaust. speaking in warsaw, the president said he will ask the country's constitution court to evaluate the bill, the radically that theoretically opening the way for parliament to amend it. jacob zuma will not give the state of the nation address in parliament -- parliament officials announced today that the speech would be postponed due to the chaos an

peter passed his test with flying colors. . his steadfast devotion to duty were in keeping with the highest traditions of the united states army. rest in peace, soldier. job well done. i yield back. the speaker pro tempore: the chair recognizes the gentleman from washington, mr. newhouse, for five minutes. mr. newhouse: mr. speaker, i rise today to honor the life and service of grant county fire district battalion chief dan deshawn. dan passed away on january 8, 2018. dan was a husband, a father, a friend, and a highly respected fire service member. his love of firefighting and his dedication to his community was evident in his 15 years of volunteer service at both the grant county fire district 13 as well as district five where he eventually secured his dream job of shift captain. local firefighters, members of his team, and the community will remember him for his leadership, humility and commitment to keeping the citizens of grant county safe. my prayers and sincere condolences go out to his family and his friends and all tho

♪ peter: hello, and a very warm welcome indeed to "fokus on europe," with me, peter craven.ow, valletta, the capital of the tiny mediterranean island of malta, is currently making headlines. it's just been inaugurated as a european capital of culture. so, expect a dense year-long program of events to mark the island's colorful heritage, including parades and spectacular performances. but another, darker side to the island is also in the headlines. because malta is mired in corruption that it's believed could extend right up to the highest levels of government. there's been huge concern about last year's killing of a crusading journalist in a car bomb attack. and now a former anti-corruption investigator -- who was dismissed from his post after speaking out -- says he's received death threats. our reporter has had the opportunity to meet with him. reporter: jonathan ferris is on his way to speak before a delegation of members of the european parliament. he wants to express his concern about what's happening in malta. jonathan: in malta nowadays, how it came to be is that ther

peters of pgim and rob waldner of invesco. some big data points on the reflation front, but i am thinking of the asymmetric risk. friday wasn't primed for an inflation surprise. is this a market that is better primed for inflation surprise? if we do get one next week? robert: i think it has started. this has been a multiyear process of getting used to the fact that there was little inflation risk. now, we are going through a period of getting that back on the radar screen. i think it is too early to say we are priced for an inflation surprise. we think the risk of a near-term cpi bump up is fairly low. if you look at the details of cpi, it's hard to see where that will come from. so, it is probably less about the cpi print itself. it is probably more about general inflation expectations. it is a little too early, but we've started pricing this in. greg: i think the data is ultimately going to calm down the market. as the data comes out in line, still at or below that 2% level, i think that will settle down the market and the f

. >> reporter: peter lee moved to south korea from l.a. over a decade ago. >> this new government is a little different from the other government. they're more liberal, i guess, in a good way. they want peace. >> reporter: like those born here, he lives in the shadow of north korea and its nuclear muscle threat. this is the border between north and south korea, the north just beyond those blue buildings back there. while we're less than an hour from seoul, as far as daily life goes for most south koreans, the threat of north korea just isn't a part of it. >> i think for korean people, they don't have a choice. this is where they live. >> i know a lot of people outside korea are worried about the situation, but honestly no one actually talks about it in everyday conversations. >> reporter: at the olympics there have been daily protests against the symbolic unification, but some are optimistic about the future. translator: reunification must happen, especially this time. i really hope it will happen. >> we actually see a lo rm progress, but

peter: that is correct.point with regard to private infrastructure funds, they are not doing it for free. there is going to be an implicit higher cost to consumers whether it is through transportation at thes or you look privatization of parking in a number of cities or these private toll roads, it is an implicit tax hike for those who are less wealthy. it is regression area. the whole point of public infrastructure is to make things more efficient. if we could craft it and say it's a tax cut for the rich because their time is more valuable and that they will be moving faster, than we would have more benefit. we just have to catch everything in terms of tax cut for the rich and it will get through congress. david: peter borish -- alix: peter borish and paul mortimer-lee, always great to see you. coming up, we speak with robert shiller, yale university per -- professor at economics looking at the ratio he basically invented. does -- what has the selloff done for market psychology for the investor and what can

around the table, greg peters of pgim fixed income, bonnie wongtrakool from western asset management, plus coming to us from atlanta is rob waldner of invesco fixed income. greg, is the volatility going to spread across assets? for the moment, it is contained. -- contained to equity. does it get across credit? greg: i think so. i think the volatility regime is shifting. it is being led by the equity market, for sure. but i do think it's going across different markets. you will see it across these markets. bonnie: i think the bigger question is should there be a volatility? you have to look at what are the causes of this? is it because of market sentiment and positioning or because of fundamentals? clearly, you have to acknowledge that market sentiment positioning can have a big influence on the market and that's what we are seeing. this is a market that wasn't used to anything moving, equities going in a straight line. now we are seeing fairly big moves. although in a historical context, not very big. on the other hand, you have the fundamentals. is there a big change the fundamental

i want to specifically talk about peter and paul. among the various texts in wartime, there was a lot of old testament narrative. that makes sense. there is a lot of war in the old testament. there are a lot of battles. a lot is going on. in so doing, people drew on the texts over and over, they had something ripe for the picking. pacifists tended to point that out. not only pacifists, but those opposed to a certain war, they would say, you can find a lot of war in the hebrew bible, old testament. what about the new testament? this is the case also in the civil war. more arguing over testaments, how relevant is war in the new testament? there were several ways in which people who wanted to argue against war could make the move. one is the sermon on the mount where jesus says turn the other cheek. that is nonresistance. seems to be nonresistance and could be read as pacifism. it gets quoted over and over and is one of the top 10 cited texts in the revolutionary era. those who wanted to support war had a burden of proof to overcome and

peter: good question. hadhe washington post, we to white house reporters -- two white house reporters. four aroundhe -- the time of obama. we are up 50% total staff. do i feel like we have enough? no. there are other stories we could be doing. i wish we were. it is like a triage situation. which to pick and choose would have the bullets of head, which has a bullet to the chest. it is never enough. margaret: we have six full-time white house reporters on my team. acrosss also -- it is the newsroom effort. we set it up so that at any hour of the night come whichever editing desk is in charge. if it is a trump tweet, it is flagged to see whether it is important enough for her -- and alert. i feel great about the resources that my company has dedicated to really fill coverage. not just what is happening at the white house or the news of the day, but the deeper more substantive stuff. alle is a lot and we are really tired. nobody sleeps. i will sleep about four or five hours. it is a large operation, like the g

peter: congratulations. >> appreciate it. peter: back up to you, jim. jim: you could hear the emotion in his voice. yes, eplayed in the 2013 masters and won the par 3, beating out matt kuchar in a playoff at the end. nick: it's a two-year exemption for these guys. jim: he also beat phil mickelson in that playoff at the par 3. but he got more fedexcup points today with this win than he had in the at least years all tournaments combined. and to here at the at&t pebble beach pro-am in pebble beach, california, the winner is ted potter jr. we'll be back at the at&t pebble beach pro-am in just a moment. jim: tonight on crb, "60 minutes" and the russian scientist exposing russia's olympic dosing secrets. then "celebrity big brother," seal team and ncis: los angeles. syracuse at miami. then alabama at kentucky next saturday. then coverage at riviera where dustin is the defending champion. rory will be there. so, too, will be tiger in action. jordan spieth, justin thomas, phil mickelson. yes, we're held told hollywood and we'll see you next week. kizzire contin

it's all he has left at this point, peter. but i think just when you consider how he responded as the soother in chief, as many people expect their president to be in situations like this. we've now come to know that president trump is not going to be the best suited president we've ever had to deal with these types of traumatic situations. that will be fine. not everybody is empathetic. but the problem is i think a lot of people see in this president somebody who is so willing to engage and offer opinion on such smaller things and so much quicker to do that, whether it's the appearance of a cable tv host or the father of a college basketball player. the president shoots from the hip and pick these petty little fights but yet is unwilling to speak out when tragedies like these occur. >> ali, i want to ask you quickly. what do we know about the upcoming arraignment for the suspect, the shooter? >> it's been delayed a few times. it was supposed to be one at 8:00 and it will probably be done by video but law enforcement was out h

peter tuck man. trish: tell, peter i said thank you. where he is going? >> he has been here, trish for 32 years. >> i was four years old. >> he was four 1/2. but peter, compare this absolutely insane oscillating week to the past dramatic weeks we've had in your past? >> look i've been here since 85. i was here in the crash of 87. clerked then. was here for "brexit" and trump election. this has been most exciting week we've seen here for a long time. maybe 07, 08, those days were pretty radical. >> right. >> the volatility is spectacular. volatility is back in the market. you were asking this before where is it all coming from? i think fact january was outrageous peak in culmination of a year of up days and up market, up 7,000 points. and you know, individually a lot of factors that we're seeings, unemployment, spike in yields, the wage growth and all those things individually, and interest rates, okay that being on the table, it has been around, that whole thing is talked about for a year. when it all comes together in one thing it triggers -- >> next wee

reporter: peter prpratje has bn working wiwith orangutanans fo7 years.ehe and his teaeam have reled 170 0 into the wilild far. but they'll l need twice t that numb to prprode a popupution that can survive on its ow peter: o m maiaim is to prproteclowlananrainforest. the orangutan isikike ouposterer child, thembasassar of thehe rainforest i if you will.. and d if we don't t protect ite will lose the orangutan. 80% of sumatra's rainforest has disappeared over the last 50 years. that means the orangutans' natural habitat is disappearing. none of them could survive in an oil palm or acacia plantation. these monocultures are completely different from their natural habitat. that's why it's so important that we preserve t the remainig 20% % of the rainfnforest. reporter: the focus nonow is n preservingng the protectcted as that alrlready exist.. it's toooo late for ananything . amoy has also founa a new me in the bit tigapuh natiol rk, whershe's noliving i the ld. all the orangutans in this nature reserve were born in captivity -- each one with its own story. r

peter, i know we will fix that momentarily. let me ask that question also of chuck rosenberg, in terms of the way robert mueller is building this case. step by step, brick by brick, if you will. >> step by step, brick by brick. he's building it in the classic way. ken referred to the gambino crime family and working your way up the chain but we don't reserve that just for the gambinos. we do that in almost every case. you use minor witnesses and minor defendants to get to major witnesses and major defendants. >> and peter baker, let me repeat that question. i think you could hear me. we had trouble hearing you. what your take is on what rick gates, the role he played, his closeness to manafort and his knowledge of the campaign. >> that's right. if you are in the white house today, the public line is this has nothing to do with us, nothing to do with the campaign, nothing to do with the president. these are crimes that took place outside of the campaign and were about the private finances of these two men. but what you are think

given what is going on in the markets, peter oppenheim are will be with -- peter oppenheimer will behis is bloomberg. ♪ haidi: this is "bloomberg markets: asia." a quick check of the latest business headlines. a potential penalties for money laundering has ended the bank of australia's streak of record profits. the largest lender has set ofoss -- set aside billions dollars for fines. 3.8 billionfell u.s. dollars. that beats the average estimate of 4.1. that stock going way down in sydney. bob iger says the streaming $4.99e will be priced at a month. the big growth was in theme parks when the earnings jumped 21%, helping disney meet estimates. thank reports second-quarter -- bank report second-quarter earnings. at half thetrading value of its holding, which talked $180 billion and included investments and alibaba and yahoo japan. worthibaba stake alone is $138 billion. passg up, u.s. lawmakers another temporary budget, but will it be enough to prevent a government shutdown? episode,ave the latest if you will, coming up next. this is bloomberg. ♪ 9:29 p.m. if you are watching from new

all over in berlin for us now hello peter so it's finally happened any surprise there. well angle of merkel's conservative bloc has hammered out a deal with the social democrats that was described as needing painful compromise by angle merkel and it came on day three of extra time of these negotiations and followed a twenty four hour session we heard from peter the current incumbent of the finance ministry the christian democratic union member of parliament as he was leaving those talks he said it was definitely time for a shower a very tired looking peter altmire as well there so what is this painful compromise well the social democrats they will hold on to the foreign ministry the labor ministry the justice family and environment ministries that they held in the previous government but they will gain the very powerful german finance ministry now at the moment it's unknown which position martin schulz would favor whether he would want to be the foreign minister or whether he would want to head up that finance ministry one thing is for sure whichever one he decides it c

then fbi agent peter strzok texted lisa page using bureau shorthand.alk points for director comey? , yes, potus wants to know everybody we are doing. in an interview on "fox news sunday," president page sift he was not in the loop. >> i do not talk to the attorney general about pending investigation. i do not talk to fbi directors about pending investigation. we have a strict line and always have maintained it. catherine: the early drafts said emails between obama and clinton probably had been compromised. strzok writes, hope so, just left bill priestap. in mid-november page writes, i read "all the president's men" thinking i need to bush up on watergate. senate investigators question whether there is a connection to this august text where they discuss an insurance policy. the white house press secretary says the reservations remain. >> it further shows there are reasons for us to have great concerns in this process. catherine: clinton aide huma abedin was shown a text exchange. and continue said it had be classified, then asked for her own copy. david

peter: no.give him consistency for -- i have to give him a lot of points for consistently at least. he voted for the tax cut and then we will make small government. if you cut taxes you also cut spending. joe: he knew that was not going to happen. peter: true but at least conceptually, he stayed consistent to himself. it is just no one let along with him and that is the problem. blake jpmorgan, chase, and goldman sachs are talking about how this latest move injects stimulus into the economy, which is already at full employment. not the time for stimulus but labor force into dissipation rate pretty low. inflation pretty low, tax or maybe means increased production capacity. is it possible we could get the stilton it could be justified and helpful and that it will not be as negative as people are saying? peter: it will not be on negative. there is a supply-side benefits of these tax cuts. what people are saying is it tends to evolve over time, where is it happens -- demand-side happens right away.