You have had two triple digit down days. I am curious to see if we are going to see twitter trump or teleprompter trump. David all of the reporting down here is going to be teleprompter. By words are being written Stephan Miller who tend to be a little bit of a hothead. Inx heres what we stack up the markets. The s p coming off its worst selloff since august and continuing today s p futures down by another 12 points. It is now a story of broader dollar weakness. Strong gdp out of europe. Yields taking a break pretty much unchanged. There was some buying in the market. Hit downtinuing to get 5. 8 . I want to highlight some movers as well. A lot of action happening in the market. Metlife hasnt set aside enough money to pay annuity holders. Stock continuing to get hit premarket. There is going to be a buyout for this company. That is no longer true. That stock getting hammered. That stock now unchanged. Take. Time for first those equityry is markets fairly shaken by the selloff in bonds.
We now given them the tools to go out and win theyre coming back. I believe i brought hundreds of billions of dollars with me. They would never have come in fact, in the opposing party had won the election, you would have had tremendous new rules and regulations put on everything and other things would have happened and instead of going up almost 50 , your stock market would have fwoen down 50 i really believe that. The dhangs to our business tax is expected to raise average Household Income by 4,000 roughly three million workers have already received tax cut bonuses and raises totaling thousands and thousands of dollar per worker. Thats just over the past six weeks alone because of our tax cuts apple is investing 350 billion in the United States theyre bringing 240 billion back they will pay a tax of 38 billion dollars. Theyre going to invest 350 billion therefor billion. When i first heard the number i say you mean million ive been saying you got to build plants here. Two days ago ex
105 days to be exact. But as of the republicans celebrate and democrats form a new battle plan the clock is now running on the senate. They tackled the planet next. Two congressmen with very different perspectives. They are watching with baited breath. They are life on what they feared the senate might change in the bill and why are there it will ever get to the president s desk. It was already shifting for infrastructure and the pro business policies. First on foxbusiness. The ceo join us live on whether he is now banking on big business coming out of the info structure plan. Markets on wall street are already at the moment. Whatever celebration that might be happening. Its down 26. And the only thing that seems to be higher is the nasdaq. Less than an hour to the closing bell. Lets start the countdown. We had stocks on the move. Particular sectors. Its passing in the house. Lets start with Health Insurer united. Right now it is up three quarters of 1 . You can see earlier before 1 00
Essentially met the feds goals certainly on the employment side and nearing it on the inflation side. 2 inflation goal. She continues to expect, however, gradual rate hikes and says the fed or the committee has decided its appropriate to move to a neutral stance of Monetary Policy rather than one that is accommodative or stimulating the economy. Not acting, the fed chair war n warre warrens waiting too long risks rapid rate hikes. No evidence that the fed chair says its fallen behind the curve and the u. S. Economy has shown remarkable resilience in the face of several shocks. Some of them domestic and some of them global. Prospects for growth, quote, look encouraging and global risks have receded somewhat. Economic challenges, she says, do remain. Doesnt give the economy a clean bill of health and points out some of the problems that plague the economy, low productivity, for example, fiscal policies would best help address rather than monetary polishes. So, whats happening here, guys,
Taxes no matter how the fiscal cliff works out. And Larry Ellison knows it and pays to avoid a dividend tax. Gets 200 million dollars. Im still shaking my head. Ambassador anna wintour . Varney company is about to begin. [ male announcer ] this is steve. He loves risk. But whether hes climbing everest, scuba diving the Great Barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesnt nickel and dime im with hidden fs. He caworry about other things, like what the market is doing and being ready, no matter what happens, which isnt rocket science. Its just common sense, from td ameritrade. I heard you guys can sp ground for ss than the ups store. Thats right. Ive learned the only way to get a holiday deal is to camput. You know weve be open all night. Is this a trick to t my st . Male announcer break frothe holiday stss. Save on ground shipping at fedex office. Ambassador anna wintour, its got an interesting ring, does i