It was being called the christmas protest. Three big hours for you. Buckle in. Merry christmas. Varney company about to start right now. Charles huge gains for the markets this year. The calendar year, in fact, has wall street looking extraordinarily well. Want to bring in market watcher Rebecca Walser on these gains and of course, at this point in time, we always look ahead. What do you make overall of this market, considering all the negative headlines, all the negative speculation . First to have this kind of market is really remarkable. Charles, it is. Merry christmas. Im having such a great retail season high. I dont care what the retail experts, you know, were expecting. We got 3. 4 growth and Super Saturday, charles, the biggest shopping day ever. 3. 4 billion on Super Saturday. Thats what happens when you have a short Christmas Shopping season, right, from thanksgiving to christmas. Charles yeah, no doubt about it. And i got to tell you, its anecdotal but as i looked around at
And 62 for santa rosa. We will talk about our shower chances as we head through the week. Details coming up. Happy monday, gianna. Happy monday. If youre hitting the roadways you can expect the typical slow and go conditions at the bay bridge as well as through the Altamont Pass. Right now we dont have major accidents or incidents. In fact, lets zoom in here on that 580 commute coming out of tracy, down to about 13 Miles Per Hour in some spots, so youve got a slow ride here at least from Mountain House to grant line pass. That looks better towards the dublin interchange. Drive times now 34 minutes 205 to 680, but as you can see in our travel times here, the rest of my major freeways not showing delays. You are clear on the east shore freeway until you get to the bay bridge. Thats where we are starting to see cars stack up here. Definitely not quite to that 880 overpass. We saw that in some of the cash la atimpr slightly. We will chec88in my rtrepoplt earthquake this morning. The usgs r
Course as tensions in the middle east are very high also new chapter for u. S. Cosmetics giant avon its not part of the brazilian personal care group nutura the groups new ceo will join us later this hour. Stocks are extending a selloff, oil and gold prices continue to climb. This is iran and the white house, trade threats following of course the u. S. Air strike that killed irans top commander. Jim, happy new year. Happy new year. Nice to see you, my friend. Good to see you, buddy, way too long i missed you. I know you feel the same but i havent heard you opine on this market and what risk there is in the geopolitics, in the backandforth, our viewers im sure are familiar with the president s tweets over the last lets call it 24 to 48 hours, sort of saying weve identified 52 sites that we would take action against if in fact you do something, and also notifying the congress, he said, as well, if iran should strike any u. S. Person or target wed quickly and fully strike back, perhaps in
A lot of red on that board. These are modest moves. Market turmoil. Someone tweeted me that. Futures arent up a half percentage point pull out the market turmoil boards several headlines out of beijing overnight. Chinas exports rose imports are higher than expected chinas trade delegation arrived. We are learning more about the purchased targets that china would agree to at the phase one trade deal signing telling us china will commit to increase purchases from 32 billion over two years china will also pledge to buy an additional 80 billion 53 billion in Energy Supplies and 35 billion of u. S. Services over a twoyear period but will only only cost them half as much they are no longer a currency. You missed the other piece of information. They are allowed to no longer a currency manipulator. They arent going to do that was there a quid pro quo there has to be not a coincidence. Treasury secretary Steven Mnuchin said yesterday, china has made enforceable commitments to refrain from the c
Timeline solidified for putting the max back into air, and get everything going again. Guy why now . Why not later, and why not earlier . George this is sort of the season where you see some of these changes happen. It seems like it was a little earlier than we thought it would happen. I personally think the faa timeline we got a couple weeks the pushing things into earliest midfebruary to get the max back into fleet, i think that had something to do with it. I think the star liner might have accelerated some of this. I think the star liner makes boeing look bad. It makes it look like things arent getting executed correctly at the company. Maybe that accelerated the change. Guy does this excel or at the process of getting the 737 max back into the air, though . George i dont think it shortens it at all. The risk we had is without boeing working for the faa, you extended that timeline, and i think they dont want to extend that timeline. To have a new face in the ceos chair and approache