2018 financial crisis. Are there parallels or is that way overdone . Were on top of all of that. Lets get going. Welcome, everybody, im neil cavuto. Edward lawrence at the white house now with the back and forth on the trade front. Increasing youre hearing from firms like Goldman Sachs, we might not get a deal before the 2020 election, if after that . Reporter looks that way. Both sides digging in. Negotiations with china could start but not over trade but over currency. The Treasury Department labeling the china a currency manipulator. Treasury secretary Steve Mnuchin will work with the International Monetary fund to level the competitive or unfair advantage, level the Playing Field there the treasury, imf acts an intermediary, a forum for the exchange of these conversations between china and the United States. The Treasury Department has a number of suggestions already for china. First they want to lower the trade imbalance with the u. S. Second be more transparent how the exchange r
Jackie neil broke it. Charles always blame neil. Good afternoon, everyone, im charles payne, this is making money. Breaking right now wall street itself has been jumping on the rally bandwagon and looking at the screen you have got to ask is it for the wrong time and for the wrong reason . Ed yardeni was ahead of all of them. I want to find out what he is thinking now. A once bankrupt retailer has not only come back from the dead it has outpaced nvidia. Give you one guess without cheating what company it is. Tweet me cvpayne. Well tack about retailers. The economic fertility bust. Should we pay couples to procreate . It might be a good idea. The cookie monster partnering up corporations for inflation. Well call up the keebler elf with a counter attack. All that and so much more on making money charles i have come to believe all bull markets are unloved by the experts at least at first. Think about it, every time there is a bull market, they say it is unloved. Theyre al unloved in part
1200 israelis are killed. At last count. At least 20 americans are missing. Israelis, israels former ambassador to the United Nations danny danon will join us a little later. Talk about the markets. Hedge funds loading up on the short positions. Theyre betting on doom and gloom. Theyre short on stocks at record levels. I will ask alli mccartney whether this is a you dont want to miss unbreakable investor. All about my new book. I will tell you all about it at 2 15. Well dive into the latest Nobel Prize Winner of economics. She worked on gender gap things that will surprise a whole lot of people. Amazing insight. Cant wait to share that with you and more all on making money. Charles so the smartest people in the room, those hedge fund types, theyre betting big on doom, folks, i mean really big. Take a look at this. This is their short positions. The blue line is the 10year short. 75 billion. Two year short, 275 billion. These are mindboggling numbers. Theyre betting on the bond market t
Office. President meeting meeting with y of state Rex Tillerson and after announcing plans to put north korea on the terror list. What that means and why the white house says this is critical move. David getting back to stocks climbing today. They were driven by shares of cisco, verizon and home depot. Nicole petallides on the floor of the new york stock exchange. I want to start with Janet Yellens resignation. Happened 2 00 p. M. Eastern time. No movement in the market there was a time anything that the fed said, particularly janet yellen said over the past seven years would move the market. Seems like that power is gone completely. Very interesting that you say that. I guess the expectation she would be stepping down shortly as fed chair. We know we have a new fed chair powell in line to take over that was a little bit of unexpected news but truth of the matter is, youre absolutely right, weve been higher throughout the day. The dow finishing up 72 points. Not really reacting to fed
Michael flynn pleading guilty lying to fbi. This as speculation builds other shoes may drop. Abc reporting that flynn may testify against the president. Senate Majority Leader Mitch Mcconnell says there are enough votes to pass tax reform when the Senate Finally votes. What did they put in the bill to get holdouts to change their mind to get to yes and what are they taking out . Well cover this and more. Among our guest this is hour, steve forbes, former defense attorney Gregg Jarrett, Texas Attorney general ken paxton and iowa congressman rod blum. Were awaiting senator senator. He is expected to speak on the senate floor any moment with new details on the Senate Tax Bill and schedule Going Forward including when we can expect the final vote. Well bring you his comments live as soon as they begin. Connell dont see them yet. We begin with the markets, and the crazy day as it was. Investors digesting headlines melissa was talking about from washington. Nicole petallides on floor of new