Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think that exercise bike will be one of the holidays biggest sellers. We shall see. Get this. Monday, december 9th. Three weeks to the end of the decade . Varney company is about to begin. Stuart the young lady in that now famous peloton
The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
Mcgurn. Kim, i also read earlier in the week that maybe there was going to be a threepronged approach for the democrats in 2020 to create villains of President Trump, Mitch Mcconnell and Brett Kavanaugh. Yeah, look, i put this in a much broader context. You have a Democratic Party and a resistance left that are, remain very bitter that they lost this last election. And so you see them try to change the results of that by going after President Trump with what was a phony collusion hoax narrative in the end. But this is them trying to do the same thing with the court. Theyre very bitter that they lost the court, that the president has been able to put two conservative jurists on it. And so they are attacking the credibility of one of them, and they are trying to either change the koch decision of the Court Composition of the court either via with impeaching or courtpacking, or trying to intimidate the members into ruling their way. We should expect much more of it to come. Charles dan .
Mcgurn. Kim, i also read earlier in the week that maybe there was going to be a threepronged approach for the democrats in 2020 to create villains of President Trump, Mitch Mcconnell and Brett Kavanaugh. Yeah, look, i put this in a much broader context. You have a Democratic Party and a resistance left that are, remain very bitter that they lost this last election. And so you see them try to change the results of that by going after President Trump with what was a phony collusion hoax narrative in the end. But this is them trying to do the same thing with the court. Theyre very bitter that they lost the court, that the president has been able to put two conservative jurists on it. And so they are attacking the credibility of one of them, and they are trying to either change the koch decision of the Court Composition of the court either via with impeaching or courtpacking, or trying to intimidate the members into ruling their way. We should expect much more of it to come. Charles dan .
Mcgurn. Kim, i also read earlier in the week that maybe there was going to be a threepronged approach for the democrats in 2020 to create villains of President Trump, Mitch Mcconnell and Brett Kavanaugh. Yeah, look, i put this in a much broader context. You have a Democratic Party and a resistance left that are, remain very bitter that they lost this last election. And so you see them try to change the results of that by going after President Trump with what was a phony collusion hoax narrative in the end. But this is them trying to do the same thing with the court. Theyre very bitter that they lost the court, that the president has been able to put two conservative jurists on it. And so they are attacking the credibility of one of them, and they are trying to either change the koch decision of the Court Composition of the court either via with impeaching or courtpacking, or trying to intimidate the members into ruling their way. We should expect much more of it to come. Charles dan .