GDP REACTION.

LET'S FIRST GET THIS REACTION.

WE WERE EXPECTING A GOOD NUMBER,

EXPECTATIONS?

>> I HAVE BEEN A RAGING BULL FOR

A LONG TIME.

THIS FITS INTO MY BLEFT AMERICAN

ECONOMY IS IN GREAT SHAPE AND

THIS IS VALIDATION.

THAN SAVING IT.

BUSINESSES UNLEASHED THEIR

POCKETBOOKS.

>> A LOT OF HAPPY CONSUMERS,

CONFIDENT CONSUMERS AND BUSINESS

EXECUTIVES.

BUT STILL VERY ROBUST.

THIS IS JUST WHAT THE

ADMINISTRATION WAS HOPING FOR

WITH THE CORPORATE TAX RATE CUT.

MARIA: WHERE DO YOU THINK THIS

GOES NOW.

WHAT ARE YOU GOING TO BE

WATCHING IN TERMS OF MORE

EVIDENCE THIS ECONOMY IS FIRING

ON ALL CYLINDERS?

>> THIS IS A LONG-TERM CHANGE IN

THE COMPETITIVENESS OF THE

UNITED STATES WHETHER IT'S THE

21% CORPORATE TAX RATE WHICH

THE DEREGULATORY EFFORT BY THE

PRESIDENT.

THIS IS THE FIRST TIME IN

SEVERAL PRESIDENTSIES WHERE

THERE IS NOT SOME BIG REGULATORY

EFFORT COMING DOWN THE PIPE.

MARIA: FOR A LONG TIME

BUSINESS% SITTING ON CASH AND

UNWILLING TO MAKE BIG

INVESTMENTS BECAUSE THEY DIDN'T

KNOW WHAT WAS COMING AROUND THE

CORNER IN TERMS OF REGULATION.

>> THAT'S RIGHT.

IT'S THE PROTEIN FOR GDP.

WHEN YOU START SEEING CAPITAL

EXPENDITURE, THAT'S WHEN YOU SEE

THINGS START TO COOK.

AND WE ARE IN THE LATER PART OF

THIS CYCLE.

SO THAT'S WHERE WE ARE AT RIGHT

THAT'S AN EXTREMELY BULLISH SIGN

IF YOU ARE AN INVESTOR.

MARIA: WHAT ABOUT THE MARKET

REACTION.

INITIALLY WHEN THE NUMBER CAME

OUT, IT WAS REALLY FLAT.

>> I THINK WHAT'S HAPPENING

RIGHT NOW IS EVERYONE IS NOT

BELIEVING HOW GOOD THINGS ARE.

I WOULD ARGUE IS ANOTHER BULLISH

SIGN.

WHEN SENTIMENT IS NOT THAT

BULTISH, THAT'S -- NOT THAT

BULLISH.

I THINK THAT MUTED REACTION IS

WHERE WE HAVE BEEN FOR A LONG

TIME.

WE HAD OVERHANG OF TRADE WARS

AND THE YIELD CURVE.

ADVANTAGE THAT NO ONE IS REALLY

EXCITED.

MARIA: ?

IN TERMS OF THE IMPACTS THIS

WILL HAVE ON COMMISSION GROWTH.

>> THE TRADE FIGHTS ARE A

THREAT.

BUT TO DEMONSTRATE HOW HOW GOOD

THIS ECONOMY IS.

POLICY MAKERS IN THE

ADMINISTRATION ARE HAVING

MEETINGS THINKING ABOUT HOW DO

WE GET MORE PEOPLE TO JOIN THE

ECONOMY TO FILL ALL THESE

UNFILLED POSITIONS.

HOW DO WE FIND MORE WORKERS TO

TAKE ALL THESE OPPORTUNITIES.

THIS IS A SPECIAL MOMENT IN

TERMS OF AN ECONOMY THAT'S

ROARING.

THERE IS NO OTHER WAY TO PUT IT.