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
Show me the money. Dont be talking no trash. Only thing i depend upon. How about cold, hard cash. Cheryl if youre at the fox square, youve got a red, white and blue tree to greet you. Welcome to fbn a. M. Im cheryl casone. Tracee good morning, im tracee carrasco, in for lauren simonetti. Cheryl lets take a look at how your money is moving on this monday. Dow is down 25, s p down 2 and three quarters, nasdaq down 8. Investors are waiting on news regarding trade, the fed meeting and the latest developments in washington. Tracee taking a look at stocks in asia right now. You can see mixed with the the nikkei and shanghai pointing higher, the hang seng points lower, the kospi up as well. This of course as we are seeing chinas exports dropping last month. Cheryl big week for england, the British Election set for this thursday. The future of brexit could finally be decided. The conservatives seem to have the lead. The ftse is higher by a one and a quarter percent. Our top story, President Tr
Yesterday, i was wearing my apple watch and it has a heart rate monitor on it. An thathole last series. That game was phenomenal. A lot of people saying it was the game of the year in the National Football league. That one highlight we throw it o kittle. He says mask. Thats the only way they could stop him. Doesnt bother him. As soon as that first offender jumped on him, he went 20 yards. One of them jumped on him. Couldnt get him down. They had to stop him somehow. Take the penalty because if he would have gone to the house it would have been over. Were a little passionate. We were getting our tree and drinking hot cocoa and playing uno. Uno can get heated. You know. Lets check in with steve paulson. Fog the story weatherwise. Big time. Dense fog advisory goes till 10 00. Another hour. Not everyone is in on it but almost everyone was at one time or another this morning. Mostly sunny. Thats the good news after kind of an off and onrainy weekend. We get a little more sun if you dont hav
Cart imagine loading it up and just walking out of a store thats what a growing number of people are doing, some of them part of organized crime rings. And home depot now says that shrink, which includes theft, is hurting its profit the company gave us exclusive access to how it fights a never ending battle. Courtney ragan has our investigation, grab and go reporter youre watching brazen retail theft. The suspects are so sure they wont get caught that some even get aggressive when stopped as this surveillance from home depot shows. Most likely these people arent shoplifters or people who steal items for their own use. Instead, its a bigger problem known as organized retail crime with criminals working together to steal for profit. Home depots jamie borne investigates the theft it all starts with boosters. A booster is somebody that is basically professional shop lifter theyre doing it for profit, not just for personal use. Reporter are they just guessing what items are in demand do the
Kansas city first score of the day. You get to the second quarter, the chiefs are up 70. Patrick mahomes, you know him for his arms. Kansas city would win 409. Here is john gruden. Staying away from personalities and we had turnovers and the kicking game and denfensive false start. We had to pick six. We never found our rhythm at all. I know where we are. We have work to do. Well try toat it drops the raiders in the category. They got the titans, the jaguars and the chargers and the broncos. Thats what remaining right now. Theyre on the outside looking in. What are the chances the raiders find themselves in a playoffs spot . Theyll win the next four games. Thats a big if. Theyre giving up a lot of big plays, most in the National Football league and a lot of penalties like you heard and a lot of turnovers. I saw derek carr throwing the ball that went back. That shows me hes not progress, hes regressing. I dont know if hell win the next four. Four games are winnable. You start to do that