Chain migration system. We will have more on this, believe me. Red flags for bitcoin, believe me. Bitcoin market is, quote, burning with risks for Retail Investors. If a little guy being set up to hold the bag, the winklevoss brothers, they are on the show today. Media targeted the president and made series of mistakes. In a tweet the president calls stain in america. Win or lose roy moore may be a problem for the gop. Yes, it is another day and Varney Company is about to begin. Stuart well, look at this, we are going to go up at the opening bell today. By the way, the dow logged its 66th record close under President Trump yesterday. We are going up from there this morning. How about bitcoin, where is that today . Its at 17,210 per coin, up 319 bucks, however, top government regulator is raising a red flag about the bitcoin market. More on that in just a moment. We never forget appear until this program, do you know that 37 years ago today it went public, 1,000dollar initial investment
People who are currently paying 15 would go to 12 . Then a new kind of interim bracket, but they didnt clarify it, 22. 5 . 25 bracket, a 33. 5 bracket 32. 5 bracket, a 35 and 38. 5 would be the highest income. And they would eliminate what they call that bubble. That was a problem with the house plan which was 39. 6 . They did not give us the income breakdown. Believe it or not, liz, theyre still trying to work all of this out to bring it in for scoring. Now, the tax reform brackets, again, the house has four, the senate has seven. The top tax bracket in the house, 39. 6 . In the senate it would be 38. 5 . The Corporate Tax rate, 20 . Both agree on that. But as Maria Bartiromo first reported this morning, they will delay it in the senate one year. This was unacceptable to gary cohn and to President Trump, but steve mnuchin, the treasury secretary, told Maria Bartiromo hes willing to work, the administrations willing to work with the house and the senate on this oneyear delay. So all ey
The final president ial debate before those key elections on sunday is starting about now, and we will tell you whats at stake for the euro and your Global Investments coming up. Meanwhile, forget sign also of economic weakness. Federal reserve looks like it is on track for another rate hike in june. Naels according to the statement they put out just an hour ago. We will have more on how the market is reacting coming up. Plus this afternoon it is all about Mark Zuckerberg and elon musk. Their two companies will be reporting earnings after the bell tonight. We will get you ready for those reports and bring you the numbers as soon as they are released. Be interesting to see how that turns out. Meantime, shares of apple still trading lower. Coming off the lows of the day, but they were down sharply on the open this morning. Ian weidner from bush securities and were going to start with ian. You were our bear yesterday during our apple bullbear debate. I mean what did you learn in that repo
The dow is closing in on 21 is,000. Youll see aain of 71 at the opening bell and you might see 21,000. Lets be clear, its a high stakes speech. The president had some stumbles and the left piled on contempt. Last night he was upbeat, boston and very much in command and the crowd for the most part liked it. Case in point, President Trump and first lady melania. The first lady of the United States. [applause] that was a good start. And now the moment of the night, thats what many people are calling it, even lefty pundits admit it was inspiring. President trump acknowledging the widow of Fallen Navy Seal ryan owens. Were blessed to be joined tonight by corrine owens, the widow of chief operator william ryan owens. Ryan died as he lived, a warrior and a hero, ryans legacy is etched into eternity. Thank you. [applaus [applause] it was brilliant political theater and the market clearly loves it. The trump rally, as i said, has come roaring back. It took a brief pause, but its back this time.
The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Pray. N conroy let us eternal god, through whom we see what we could be and what we can become, thank you for giving us another day. In these days, our nation is faced with pressing issues, constitutional, religious, and personal rights, and matters of great political importance. We thank you that so Many Americans have been challenged and risen to the exercise of their responsibilities as citizens to participate in the great debates of these days. Grant wisdom, knowledge, and understanding to us all as we as well as an extra measure of charity. Send your spirit upon the members of this peoples house who walk through this valley under public scrutiny. Ive them peace and solomonic prudence in their deliberations. May all that is done this day be for your greater honor and glory, amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his