Hey, gerri. Hey, neil. I took a look at the results. Start with home depot. They were out with a solid Fourth Quarter beat. Eps, earnings per share up a dime over expectations 1. 44 versus 1. 34. The housing recovery has legs here. Alltime high for the stock as youve been seeing on our network. Lets talk about walmart. Here is company struggling with amazon as a competitor but they come in with a handy eps beat. Their earnings per share up a penny over expectations at 1. 30. Revenue fell short of expectations i should say. Here is what they are doing. They are putting all their money in ecommerce. They invested in five, excuse me, three Ecommerce Companies over five months. A lot of money going into online sales. It looks like it is paying off with traction against amazon. Tough ask yourself, hey, what would happen if the republicans border tax went through . What would happen to the results we see from retailers . It is not such a great story. If youre a retailer, buying a 10dollar ts
Despite the gain or losses recaller in the day. Republicans on idea of a border tax, whether that comes to fruition. They are not clear on allowing deductibility of state and local taxes. That is a linchpin in our tax code. For that matter whether we have the housing and charitable deductions to the degree we have them today. Theyre not exactly assure whether we see something akin to a 1986 complete reform of the tax code. Or something that tinkers around the edges in order to get it through congress, a simple majority with president bush in 2001 and 2003. That was a 10year window. They had to revert back to zero to get back where we were to get them passed. The reason that is worry to some folks. You get the big tax cuts, substantial tax cuts and theyre shortlived. No guarranty of that. I picked up with treasury secretary Steve Mnuchin who told me was optimistic about a big tax cut and it would be across the board but he posited some differences how big it would be for the upper incom
Meeting are waiting for Additional Information on the labor market and it says last meeting was a close call, got the november meeting in december meeting most analysts think december is the most likely time for the rate increase. Trish Ashley Webster joining us as well, we have Jonas Max Ferris joining us from the wall street journal, fox here, first to you, you heard what peter said, feels as though the fed wants to have it both ways, they are just waiting on more data. Talk about flipflopping around, you could make the argument about raising rates or further evidence, either way the market is moving up a little bit now, doesnt sound like they are committed to that rate hike. There is a 70 chance they will go ahead in december and raise it but you raise some points, stacking the labor market is one of those issues they mentioned, well under the 2 goal. We are up 50 points was mo complaints from the fed. We talked about this for so long they continue to waffle. Trish will they continu
And evangelicals in an email exchange. This email exchange happened five years ago from Jennifer Palmieri. They had an email exchange and it happened at center the for american progress. Thats the think tank. They were talking about a new yorker Magazine Article talking about Rupert Murdoch and news corp. Chief executive Robert Thompsons decision to raise their children catholic. Twentyfirst century fox is the Parent Company of fox business network. Heres what mr. Halpin wrote about conservative catholics and the way they think. Heres a quote and Jennifer Palmieri now the Clinton Campaign director emailed back earlier today, donald trump held a Conference Call with catholic leaders talking about the Clinton Campaign, basically official derogatory comments about conservative catholics that happened before Jennifer Palmieri joined the campaign. Just moments ago lee donahue called for campaign resignations on fox news. Put up with stupid comments made by these people. What i cant put up w
Much about on the campaign trail. It shows the race much closer, in fact, a couple of days ago he had the lead. In the most recent version it comes out every day at 6 00 in the morning, were now in day seven, the Hillary Clinton with a onepoint advantage over donald trump. That is much smaller, obviously, than what we saw in the average of what weve seen in other polls. Dont dismiss this out of hand. I know some people are as we look at a chart of it since it began. This is, as i said, day number seven. The trends are in fave of mrs. Clinton, theyre her friend. Instead of being down two, shes up one. Still margin of error stuff in this poll. Shes been doing better in the south, among moderates, so it is trending in her direction. But polls like this are outliers, and a lot of people will ask questions, how do they compare to other polls like abc or cnn which showed her up by five points. You know, we dont necessarily find any issues with this idb poll. Its history is quite solid over t