Your show. Neil youre quite right. This is the highlight. The next two hours rolls downhill. We have a lot going on. Techs still on a tear. General market not so much. Amazon, google, netflix, facebook, there you know part of the drill, a buying drill. Many on the left are calling the president unstable, he is a nutcase. Weve been studying in great detail. If you dont like the president , a lot of people do not, that is fine. That saying up to the task of president of the United States, question what he is doing his job. What is not nuts looking at markets. What is not nuts looking at economy. Charlie gasparino brilliantly on this, just today in the new york post. We have nan hayworth. We have democratic strategist, moo i can call star hopkins. Charlie, go to you. Not real crazy response this market, this economy has had to the supposedly not stable, crazy president. We should have more such encounters. His approach to the economy has been very good and very stable if you think about i
Also alarming. When i to up to my boys to make sure theyre ready for school to get on the bus and in two minutes. Chad pergram on the nonurgency urgency. They have to fund the government by 11 59 59 friday night. They did one in september, two in december, this would be the fourth one. Otherwise the government shuts down on the oneyear ankers versery of President Trumps inauguration. It comes down to math. You have a couple of key issues. Defense spending. Defend hawks want an increase in defense spending. Democrats say if you go for that we have to have increase in nondefend spending. Daca is the big issue here. Republicans dont have the votes to avoid a Government Shutdown. Mac thornberry is the chair of the Armed Services committee. He didnt think there would be the votes to avoid a Government Shutdown on republican side of the aisle unless they had agreement in place. If they turn to democrats, look at the vote breakdown, pat tiberi, the republican congressman from ohio he resigns
Greater than anybody ever anticipated and im sure the democrats would like to blunt that by shutting down government if the country shuts down, which could very well be, the budget should be handled a lot differently than it has been handled over the last long period of time, many years. But if for any reason it shuts down, the worst thing is what happens to our military. Neil now the president will be off to pennsylvania today to tout that tax reform, to tout what is happening to the markets, to tout all the promises of bonuses and jobs from the likes of apple and some others. Fox businesss hillary vaughn, with the latest on all of the above. Hillary, what do you have . Reporter hey, neil. Well apple says they are going to bring home a big chunk of that 252 billion they have sitting overseas and they say it is all because of President Trumps tax law that lets them pay a onetime tax of 38 billion to bring it home. Making it one of the biggest payments of its kind to the u. S. Governmen
Sort of analogous to portfolio insurance in 87. Stuart not like you to engage me in conversations in the first minutes of your show but i will tell you neil im kidding. Im kidding. There is always sort of a monday morning quarterback that comes back to look at weird things prior. You and i can remember the whole portfolio insurance thing of 87. Just me, just me alone, all these Creative Products that are meant to sort of cushion the blow of just Market Forces end up creating the crisis to begin with . Stuart all i will say is, neil, dont ever come on my show with that stuff, you will get the buzzer throughout. That is a fact. I should have taken your question seriously. I got a car waiting for me right outside. It is warming up. Neil lizzie would appreciate my curiosity on this. Liz yes i do. Neil talking to the wrong person amounts soon as the papers were cleared, thats it. Thank you, my friend. I think stuart is absolutely right to say im obsessing about something so arcane. We didnt
The debt bomb threat returns. Thats the push and pull for investors good for stocks trillion dollar deficits higher Interest Rates thats bad. Hence, volatility politics u susan rice she of benghazi wrote a memo to herself for the very moment of Trump Inauguration in it she insisted twice that at a secret meeting president obama had had laid down the law to the the fbi. They must investigate russian medaling by the book. He was not asking about initiating or instructing anything. He was completely removed from the fbi probe. His hands were entirely clean. Two republican senators pownsd the memo odd as they call it. Yes, we have a big show for you today stay there please. A terrific olympic story for you. Varney company is about to begin. [laughter] oh, you have to love this. The u. S. Wins another gold at the olympics and this is a really special one. Khloe kim 17 year old a near perfect run in the snowboarding half pipe she was way with out in front of everybody. By the way, she had qu