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Well, it is now my pleasure to introduce Kim Shone Holt.

He is an NYU professor and director of the Center

for Global Economy and Business,

and he joins us here in our 1130 studios.

Thank you, Professor. Great to have you here. Happy holidays. My pleasure.

Are they really happy holidays for business based on what you know out of the tax overhaul bill

and what you see is in terms of changes in any financial

regulations for businesses? Well let's leave the financial regulations aside

for the moment but and even the tax changes aside business is doing pretty well profits are high as a share of

GDP so this is a pretty strong period of the economy growth is above the level that we can

sustain over the long run.

So, and unemployment's down to the lowest level we've seen in more than a decade.

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