Road map begins with records, records and more records the dow within striking distance of 29k for the first time. Plus hiring did cool in december but unemployment is at a 50year low and job gains extended for a record ten straight years, so whats it going to mean for the growth in 2020 plus these damning documents newly revealed boeing messages reveal efforts to manipulate 737 max regulators todays december payrolls number means 2. 1 million jobs were added last year, a slowdown from about 2. 7 million in 2018, coming in at 2. 9 year on year threemonth average, jim, 184 now and we got some milder visions down to october and november one of the things thats missing that makes this difficult for me is boeing boeing is such a big part of the gdp and i dont know which part, manufacturing little changed in december, how much that is boeing because everything has to be asterisked i think thats how big boeing is for the economy. It doesnt reflect this. I mean, youve got the wrong areas gett
Growth. Late on the program, ill be asking larry kudlow why is this happening in a fullyemployed economy. Thats jobs and now the markets. Here it comes, 29,000, the dow may hit that mark today. Yes, the astonishing market rally has taken us up 11,000 points on the dow, since the election, of donald j. Trump and the value of American Business has gone up 12. 8 trillion since he was elected. A few minutes from now the market opens and well see the dow go up just a little bit more , maybe 20 points up, s p up maybe 6 and a 30 point gain for the nasdac composite. One more story and its dramatic satellite and intelligence reports show the plane that crashed into iran was taken down by a missile. It was not mechanical failure or engine trouble. The plane was shot down. Canadas trudeau says it may have been done accidentally. 63 canadians were on board. Varney company, the friday edition, is about to begin. President trump when im thrilled to hold the first rally of 2020 right here, in the gr
Companies that have that exposure to huawei. There was some concern that huawei wasnt considered part of this trade deal and there was that reuters report saying that Trump Administration might double down. Scarlet nevertheless, record highs for major indices. Lets check in with our reporters to see what they have been monetary as the closing bell rang. Abigail not a huge reaction to the signing of the phase one trade deal but where we have more reaction, romaine was just talking about it, tech. Down 1. 2 . Apple is off, down for a second day in a row. One analyst says the reason the stock is up, this particular sector because the First Quarter typically is seasonally weaker. Plus, you also have the fact that valuation is sky high. Some chips off the table especially with some of those tariffs in place until perhaps after the election. Apple also lower on the day. You can say some of the china sensitive stocks are lower. Over the last decade the story for apple has been up. A beautiful
And the impeachment debate moves forward. A ceremonial process after a vote that was mainly split along party lines. Live we are looking at a shot on capitol hill in washington. House Speaker Nancy Pelosi named the managers of the impeachment case against President Trump. This kicking off a ceremonial process that transfers the impeachment case to the senate. Today, the house voted to transmit charges to the senate. That vote was mostly along party lines. Very similar to the december 18 vote to send articles for abuse of power and obstruction of congress. We will bring you those events as you happen. First lets get a quick check on the market close in the u. S. Stocks again at record highs. We have the u. S. And China Signing the phase one trade deal and markets getting a boost after white house Economic Advisor larry kudlow promoted tax cuts. They set a record for the sixth consecutive trading session. Had disappointing results from Goldman Sachs and bank of america after mostly posit
National security correspondent for politico. Then what would be next to her is matt, our boss who is global editor at political and privacy editor in chief of politico. And had been at the wall street journal before that. Last but not least is editor in chief of Foreign Policy magazine. Delighted to all three of you here. Welcome to you. Matt has been here before but a warm welcome to you as well. Im going to jump in and natasha will join us when she arrives and i want to start with the latest developments of this year, and that is a situation with iran. I wanted to ask it to do maybe jonathan i will start with you if you dont might and they will come back this way and reverse the flow. How do you think the president has handled the situation with iran . First of all thank you for having me here and thanks to all of you for listening. I had a funny thought today which i never expected to enter my head, which is if iran doesnt respond any further than it has today, or yesterday, and if