Economic outlook remains favorable. Plain english, no recession on the horizon. Growth continues. Top banker jamie dimon joined the optimist club. Growth will continue, he says, and he expects a phase one trade deal with china. This week, we reported on jpmorgans call for market rally next year and Goldman Sachs call for a Strong Economy next year. 2020 looking good. Todays Market Action is somewhat clouded by the uncertainty of whether or not theres going to be what the results will be of that white house trade meeting. The dow will be down 30, 40 points. Small loss for the s p. Small loss for the nasdaq at this point. Now, the president s looking good. Reports this morning that some House Democrats will not vote to impeach. That means a split Democrat Party and a hyper partisan impeachment process. Not supposed to be like that. Oh, and the brits are voting. Looks like the socialists will lose. Varney company is about to begin. Stuart all right. We are beginning with the trade meeting
I am lily i am Lily Eskelson garcia, a sixthgrade teacher from utah. [cheers and applause] and president of the National Education associaton. We represent 3 million passionate educators. What we have to say about the needs of Public School students and their families and communities should be important to elected officials, who will make the decisions that we all have to live with, that our students have to live with. Our students have to live with. That is why we have come here together on this special red day. Ead red for ed ed is all about the voice of educators and our responsibility to protect our students. And the integrity of our professions. Red for ed is a movement that has spread across our great nation. We are marching this Movement Straight towards election 2020. We intend to stand up and be part of the democratic process that will choose the next president of the United States of america. [applause] we are doing something very different. We talk to a lot of candidates thi
Signing table. Thank you again for everyone attending here live. The signing table is directly outside the auditorium. Again we would like to thank mr. Peters on the habs of the lit fest and the lit fest appreciates your feedback which you can provide at pictures wrote lit best. Org. Thank you. [applause]. [inaudible conversation] [inaudible conversation] heres a look at books that are being published this week. Journalist Judith Schwartz look at ways to improve water availability and by the certification and water in plain sight. In the new trail appears, New York Post columnist naomi riley puts forth the policies she says will help american indians, from increased access to education to Legal Protections and entry into the free market. University at buffalo Political Science Professor James campbell looks at the causes of americas Political Division in, polarize. In the grid Gretchen Bakke reports on americas aging Energy Infrastructure and how to modernize it. Neuroscientist dean bu
Fa who thinks the tsa does a great job. To be to be subjected to such disgusting abuseszp ofz2i pow creator from day one. Were going to create millions of new jobs. My job is to create jobs. They keep saying that, but does government create jobs p. Absolutely. Congressman Keith Ellison is cochair of the congressional progressive caucus. The Public Sector and the private sector must be working together in order for the market to work properly. Wouldnt it be nice if the wise men and women in washington could make the market work properly and create jobs . John, nobody can doubt that we have schools that are crumbling, that our parks need more attention. My own city of minneapolis, we saw a bridge fall into the mississippi river, man. But government doesnt have money of its own. It has to take money from the private sector to give too those pro you you have to take the money from somewhere. Congressman illinoellisoelli claims it can create 2. 2 million if if they can create 2 million jobs
Right, hes a former governor of the central bank of israel and looks like hell be appointed as the vice chair of our Federal Reserve. I think thats a big reason stocks sold off today because mr. Fisher will be a counter to the dovish janet yellen but fisher is one smart guy. All those stories are coming up on the kudlow report, beginning right now. Were live 7 00 p. M. Eastern 4 00 p. M. Pacific. Im larry kudlow. This is the kudlow report. Well get to the obama care and budget news in a moment. First we have to start with a very important piece of developing news on the fed. Lets go over to Courtney Regan for that story. Good evening. Reporter stanley fish has been picked as the next vice chair of the fed and thats once janet yellen office into the top spot. Stanley fisher ran the bank of israel. Fisher is considered by many to be a hawk on Interest Rates which could change the balance of power inside the fed. Thank you. Thats exactly right. If janet yellen is the empress of the do was