Yes theres still questions to it. How much do you keep . How much can you write off. But coming down pike one, two trillion infrastructure plan and continues to be optimistic to push for prosperity in your wallet Varney Company right here starts right now. Charles i know the frozen tundra is redundant but necessary the east coast and west coast in already a serious e deep freeze and it will helicopter into the new years. Youre looking at windchills check them out negative numbers across the board absolutely phenomenal. On the other end the scale higher oil near 60 last two sessions. But not because lots of people are using heating oil the big spark the last couple of days has been libyan where fallout after that pipeline blast and adam you have nor details on that. A blast they expect to have this pipeline back up and running in about a week but knocking 100,000 barrels off of the market so price was trading above 60. And highest it has been in a long time. West texas take a look at th
Contributor, katie frates, and deneen borelli. Katie, you know what, forget about everything, all the predeductions all the predictions of doom fan gloom, the obamacare failure, the tweet storms. President trump, his economic agenda, he has an amazing head of steam. Consumer confidence at alltime highs and the market at alltime highs. Well have to wait and see if republicans can keep an even keel. They are going to have to keep that cohesiveness with trump to have this momentum continue on into 2018. Charles are you to keep their ship in order. Does this mean Establishment Republicans have to understand who is driving the ship and stay on board. Instead of saying i have got wind in my sails. Paul ryan was coming out every other week with his own agenda. Katie people be be overexcited. They got tax reform. Thats a trap they will have to watch out for. Im just hoping they have come together and that glue will stick long enough to get things like infrastructure reform. Charles democrats c
Reasonable, but i dont buy it i i cant plug in the same numbers that they are plugging in but these are really smart people over at mkm, mel. You and i both respect their work a lot, but i think were going to see apple top 1 trillion long before alibaba does, and then i think it will be another American Company that comes right on their heels you mentioned facebook and microsoft. They are both close, and i think boast those could also beat alibaba. In terms of the numbers mkm makes the argument that the 720 multiple by 720 and heres the kicker, they point out, pete, that alibaba has hauls blown away consensus forecasts and thats why they seetrillion fo them first. And i tend to agree with jon. I think apple actually gets there first but i think alibaba is right on their heels. I think they are second, and they have a great opportunity. When you look at the Growth Numbers that you just cited and some of the ideas of what they have done in terms of acquisitions of late, including in the
Terranova. He plays a great guitar . Its called the mr. Wonderful. Its built by fender i was a shareholder in fender for years and i made no money. Joe, was he actually playing the guitar he was. This wasnt a milli vanilli situation . No. No billy gibbons, the zz top guy, who im in awe of as a rocker tweeted me and said hey, hey, not bad, but youre leaving a little on the e chord. Hes an investor he watches cnbc. This is good. Joe, were excited to have you. Thank you for getting up early on a holiday week. The last day of trading for 2017 lets tell you where u. S. Equity futures are. Theyve been negative throughout the morning. S p is the only average that would open in positive territory if it were to open up now, up by 3 points overnight in asia, final trading night of the year has come and gone largely mixed. The nikkei slightly negative hong kong positive as well as shanghai 2017 finished off with a gain of nearly 20 for the nikkei. Look at that 19 year to date look at crude. Weve
The fbi. He wants more documents for the question we have on tuesday is will he actually get them. Also in 2017, was trump treated unfairly by the media. We have steps to back that up. And causing controversy overnight, 37 reasons how white people ruined this year. Stay tuned. The last party in company of 2017 starts right now. Alright folks, that is a live look at times square and it promises to be very cold there to start the new year. As adam said, once you enter time square, theres no getting out. Its going to be a lot of fun for the new year. For everyone who does, have a great time. When i look at the equity spread we had a nice close to yesterdays session. We been gathering some steam this morning. Stocks in record territory. I want to bring in keith fitzgerald. Its just one day, lets have some fun with it. The dow 25000. Can we get one more spurt to the finish line . It feels like we are so close. I think traders find it very appealing. Its alluring. I think we will hit it but