The first model 3 built in china rolling off the Assembly Line and elon musk tells his employees quote, pay no attention to the stock price, unquote. Im Ashley Webster in for stuart. Varney company about to begin. Ashley lets take a look at the gains for the major averages this year. Wow, oh, wow. The nasdaq, 35 . The dow, 22 . The s p, a mere 29. 25 . Joining us now, market watcher keith fitzgerald. Fitz, for big gains for next year . What do you say . Why not . Oh, i think weve got all the right things in play. Weve got record consumer confidence, great economics, companies growing. This is a great time to be alive and be an investor. There is always a possibility of shortterm correction but you know what, even a busted clock is right twice a day. Ashley more and more of those socalled experts are calling for that correction. Ten, maybe 20 . Whats going to trigger that . Well, you know, its the same old stuff. It could be a misplaced headline, could be a misguided escomputers. They s
Almost 1 . Well have more on the big market movers. Heres whats new at this hour. Focusing on the economy, President Trump sitting down with his top advisers taking a victory lap of sorts and strong job market. He also had trade progress with china among other things and were live at the white house with all the details. Boris johnson brags that gamble is about to find out if he won over enough lawmakers to pull the uk out of the European Union following a shocked in the 11th hour. Were breaking down the critical test for johnson. A possible outage in dallas with violent thunderstorms battery that area destroyed homes and businesses. Will have the latest on the Recovery Efforts. Fox business coverage begins now blake is live at the white house where its been another rock n roll day. Jackie is on the floor of the New York Stock Exchange and grady is covering the blockbuster Opioid Settlement in many surprised morning. We start with like. Reporter good afternoon. If it was the morning it
I wouldnt be jumping higher, right . Phil i think you might. David really . When y give a 400 mil gift or 500 million gift, do you actually write a check o . It hard to write that check or . Phil uh, ye david what would you say is the most favorable memory you have . Phil kind of look at nike as my work of art, if youwoill. N would you fix your tie,lease . David well, people wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont ounsider myself a jalist, and nobody else would consider myself a journalist. I began to take on the life of being an iakerviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David i have worn your shoes for many years, and now i phil you look great. David finally get a chance to talk abt them. But well will talk about my shoes a little bit later. When you first started the company in, i guess, 1962, around then, you knew nothing about sh
Phil i think you might. David really . When you give a 400 million gift or 500 million gift, do you actually write a check out . It hard to write that check or . Phil uh, yes. David what would you say is the most favorable memory you have . Phil kind of look at nike as my work of art, if you will. Woman would you fix your tie,lease . David well, people wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont consider myself a journalist, and nobody else would consider myself a journalist. I bega take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David i have worn your shoes for many years, and now i phil you look great. David finally get a chance to talk about them. But well will talk about my shoes a little bit later. When you first started the company in, i guess, 1962, around then, you knew nothing about shoe design, you didnt
David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . I have worn your shoes for many years, and now i finally get a chance to talk about them. I will talk about my shoes a little bit later. When you first started the company in come i guess, 1962, around then, you knew nothing about shoe design. You did not know a lot about management, and you did not have any money. So today, the company is worth roughly a market capitalization of 100 billion, revenues of 30 billion, 62,000 employees. Did you ever imagine when you first started this company in the early 1960s that it would could ever be what it became . Phil sometimes i would get that question and i would say, we are exactly on plan. [laughter] phil with you i cant be a smart david i wasnt the first to ask you me