Federal reserve. Wrong i dont agree. I say to this new mood of expansion and optimism and confidence began with the election of donald trump. He said he would take the shackles off private enterprise and thats what businesses are responding to, and so is the marketment make no mistake, this is the trump rally. Top banker jamie dimon says trump unleashed animal spirits. We are going to open up, what, triple digits when the market opens in about 29 minutes time. Well be getting very, very close to dow 21,000. Its a big day. Action on owl front. And Varney Company is about to begin. Well, the jobs report looks like its going to dominate the mornings trading on wall street. Lets get straight to liz peek who joinus this morning. I say its a solid jobs report. You characterize it, please . Its more than solid because of the mix of jobs added. Strong growth in manufacturing. The only drag, really, is retailing, which is, by way, going to continue for some time as many stores are closing, but
They will vote later. Investors are looking beyond obamacare, theyre looking to tax cut. Whichever way obamacare goes, they want to hear the tax cuts and the schedule stays in place. Thats the president s priority. Hes saying get on with it. Look at this. Investors like it, it was shaping up to be the worst week for stocks since the election, but we will open up this morning. This is it. No more negotiating. The vote is today. Varney company is about to begin. If you cant get phase one through, do you think phase two is going to happen or phase three is going to happen . Stuart. Stuart its you that thinks its bad policy. No, its not. Looking at things that Members Congress are looking at. I respectfully and strongly disagree with you. Stuart come to the point now ladies and gentlemen, and vote on it. It might not happen on stuart varneys timeline. Im becoming the most unpopular guy on the program. Everybody was ganging up with me because i said vote on it and get on with it. Now, Presi
Filibuster. And making foreigners pay up when they illegally dump on us. Wilbur ross says billions go uncollected on the show. More positive signals on the economy, we are earning more. Personal income figures sing to show gain. This backs up the growth trend for the economy, oh, amazon, here we go, considers a new line of attack on Grocery Stores, facing the change of retail and their stock along with apple, facebook, microsoft, apple, netflix, hit new highs. And its a friday, Varney Company is about to begin. Food, glorious, food dont care what it looks like very good. Very good. Good choice of music. You hear that, obviously, were talking about food because amazon wants you to skip the Grocery Store and buy packaged goods, maybe cereals, cookies, with the manufacturers with amazon as the middle man and not the Grocery Stores. Liz this is one of the common sense, i should have thought of this before. Food companies blow billions of dollars a year on packaging, on marketing, making th
Expanding attacks on the media, and mexican owner carlos slim part owner of the New York Times is part of a global conspiracy that works with the Clinton Campaign, got that right. And late polls show that an impact than revelations about Hillary Clinton and dropped six points among women in the fox poll no longer leads among independents, down 4538 overall. Without question, there is a media pileon against trump and its hurting him. Almost unmentioned this morning, hillary under oath saying she did not know about and did not order the destruction of emails. No demands by the media for hillary to apologize for her campaigns demeaning comments about latinos, needy, conservatives catholics, a bastardized faith, or blacks, they dont do well. You thought this would be up front and center in this president ial election, should be, but its not. Sex, lies and videotape. Varney company is about to begin. All right. We will, i promise you well get to the politics in a minute. Will you look at th
Pushing the tainted candidate and pushing the view that its all, but over that hillary has won. In naples, florida, trump said its a rigged system and began an intense two weeks of campaign, within real clear politics gives him a two point lead. How about this . Investors business daily has a daily tracking poll which has trump up two points, grasping for straws maybe . The other National Polls have hillary with a big lead. 15 days until the vote. Glad youre with us this monday morning, stocks will open higher and we will go where the rest of the media will not. Varney company about to begin. Oh, weve got lots of political news for you, but look at that. Stocks will open higher this morning, up maybe 100 points for the dow. Im going to ask the question, has this got anything to do with the election . We will ask that question a little bit later. We do have a very big deal that was confirmed over the weekend, at t wants to buy time warner for about 85 billion. Distribution, and content,