MORE CHALLENGING.
IT'S CLEARLY MUCH BETTER THAN
WE EXPECTED.
THEY INDICATE THAT THE
MOMENTUM CONTINUES.
I HEAD OTHER JOBS NUMBER.
DOW INDUSTRIAL IS UP 80 POINTS
RIGHT NOW.
THE NASDAQ WILL CONTINUE ITS
UP THE SWING.
THE FUTURES INDICATE THE
MARKETS ARE ON THE HAIR AFTER
THE DOW INDUSTRIAL CRACKED
25,000 YESTERDAY FOR THE FIRST
TIME EVER.
THIS IS THE SEVENTH
MILESTONE.
WE'VE BEEN TALKING ABOUT OVER
AND OVER THAT THIS MARKET IS
UP $6 TRILLION IN VALUE.
THEY ARE REACTING TO THE
RECORD RUN THIS MORNING.
FOR NEW ALL-TIME RECORD.
JUMPING AT 1,000 POINTS IN THE
LAST FIVE WEEKS.
THIS IS ALL ABOUT THE MAKE
AMERICA GREAT AGAIN AGENDA.
JETBLUE JOINED ALYSSA MORE
THEY SIGNED THE TAX OVERHAUL
INTO LAW.
THEY ARE GIVING A 1,000-DOLLAR
TAX REFORM BENEFITS.
YOUR REACTION TO ALL OF THESE
DICTATE BEHAVIOR.
IS THIS WHAT IT'S ABOUT.
IF YOU LOOK AT WHAT IS BEING
DONE HERE.
IT HAS INCREASED WAGES FOR
SOME.
BONUSES FOR SOME.
AND IN ADDITION TO THAT YOU
ARE SEEING COMPANIES THAT ARE
MAKING CONTRIBUTIONS TO THEIR
4O1K PLAN WERE ALSO SEEN
CHARITABLE CONTRIBUTIONS AND
PUTTING MONEY INTO THE
FOUNDATIONS.
WE ARE SEEN INCREASE IN
CAPITAL SPENDING FOR PLANTS
AND EQUIPMENT.
WAGES HAD FALLEN A LITTLE BIT
BEHIND.
AND SOME COMPANIES ARE PLAYING
CATCH UP HERE.
ARE THEY GOING TO USE THAT
EXTRA MONEY TO ACTUALLY INVEST
IN THEIR BUSINESS AS OPPOSED
TO BUYING BACK STOCK AND PAIN
DIVIDENDS.
THAT'S VERY POSITIVE FOR THE
ECONOMY.
THE COMPANIES NOW ARE STILL
TRYING TO FIGURE OUT WHAT THE
CONSEQUENCES ARE OF THE TAX
REFORM.
I THINK WE WILL SEE MORE
BONUSES GOING FORWARD.
THINGS THAT'S HAPPENING WITH
LOOK AT VERIZON WHAT THEY'RE
DOING.
WHAT IS YOUR TAKE ON WHAT IS
FIRST OF ALL RANDALL
STEPHENSON IS SO CONFIDENT
THAT HE CAN GET THIS DEAL DONE
IN THE LAST 40 YEARS WE
HAVEN'T SEEN THE JUSTICE
DEPARTMENT BLOCK THIS KIND OF
MERGER.
I THINK AT&T IS PLAYING
SMART.
THE DOWNSIDE TO WHAT IS
HAPPENING HERE IS THE LONGER
IT TAKES TO COMPLETE A MERGER
THE MORE UNCERTAINTY IT CAUSES
FOR YOUR WORKFORCE.
YOU MAY LOSE SOME CUSTOMERS.
THEY HAVE A VERY GOOD
STRATEGY.
HOW DOES A LANDSCAPE LOOK AT
DIFFERENT AND THREE YEARS.
WHEN YOU SEE TELECOM GETTING
AND THEN YOU HAVE FOX IN
DISNEY.
HAVE HE HATTIE SEE THE
LANDSCAPE CHANGING.
THERE IS ONE THING THAT WE
HAVE TO PUT INTO THE EQUATION
HERE AND AS 5G.
ALONG WITH THE CONTENT.
IT IS LESS LENIENCY.
FUTURE IS THE SMART CAR.
AND THAT IS WHAT 5G WILL
ENABLE.
SO PLENTY OF CONTENT
OPPORTUNITIES WE ARE SEEING
HUGE INVESTMENTS CONTINUING ON
THE PART OF AT&T AND VERIZON.
GOOD AGAIN FOR THE ECONOMY.
ADD TO THAT MORE COMPETITION.
THE ISSUE HERE IS WHEN 5G IS
PUBIC U.S. THE ISSUE AS YOU
DRIVE OFF OF THE 5G LEDGE YOU
LOSE THAT ABILITY TO HAVE A
SELF DRIVEN CAR.
WE WILL SLOWLY BECOME USED TO
THE IDEA BECAUSE WHEN I CAN GO
FROM WHERE WE ARE TODAY TO
IMMEDIATELY BEING IN THE
BACKSEAT OF THE CAR WITH NO
DRIVER IN IT.
BECAUSE OF THE AUTONOMOUS
TECHNOLOGY THAT HAS ALREADY
BEEN PUT INTO A LOT OF
VEHICLES.
AND JUST THINK OF HOW IT WOULD
HELP THE HANDICAP IN THIS
COUNTRY.
IN TERMS OF MASS TRANSIT YOU
ARE BRINGING UP SUCH A GREAT
HACKED.
WHAT IS YOUR TAKE ON SECURITY
WHEN IT COMES TO THE NEW
HACKING THAT HAS HAPPENED.
THE EVOLUTION OF THE
TECHNOLOGY HOWEVER I THINK IT
SECURITY DEFAULTS.
GIVEN THE FACT THAT AT&T AND
TIME WARNER WILL LIKELY GO
THROUGH.
IS THIS GOING TO SPUR A WHOLE
ANOTHER GROUP OF DEALS TO
HAPPEN.
AND CERTAINLY WHAT THIS WILL
CREATE IS MORE MERGERS AND
ACQUISITIONS.
WHO IS LOOKING FOR
COMCAST AGAIN.
WHAT'S THE NEXT STEP.
SEE PRIMARILY.