President s use of his twitter account. 71 believe his tweets hurt his agenda and by the way, this poll was taken before yesterdays tweet. All right, now what . Donald trump is not well, Mika Brzezinski and joe wrote that as well and thats as a result of the president ial tweet. They canceled their vacations and no tweets yet about morning joe from the president. Lets get to the markets, big selloff yesterday. As Interest Rates were rising and concentrated in big tech stocks. Weve got a modest bounce for the overall market first thing this morning. Reality check, investors want the growth agenda. So do voters. But the president s tweets get in the way. Varney company is about to begin. I made a bold prediction, by the end of this month, the price of gas in a half dozen states will be below 2 a gallon. As of now, there are five states averaging below 2 a gallon. That would be South Carolina, oake, alabama, mississippi and missouri. Ashley one more, stu. Stuart one more to go, im saying
One of our producer bought sun glances at 20 off with a 20 cash back because he used his amazon credit card. Another bought a coffee maker, didnt need it, but couldnt resist half price. And it does match the new back splash in the new kitchen were told seriously. Amazons impact is dramatic. Shopping malls, Grocery Stores have taken a big hit. Now, we hear that Department Stores are discounting cosmetics because of amazons price competition. Look at the stock, opening today. Right around, pretty close to 1,000 a share. That means, amazon has a market value approaching a half trillion dollars and founder jeff bezos is worth nearly 81 billion. Another one of my colleagues is laughing, but theyre all over laughing. Wait, didnt buy anything . No, we think one of the producers bought womens glasses, a guy. Eric. Stuart and amazon is so powerful and disruptive there will be calls to rein it in. Right now, its riding high. Dare we call it the most Important Company in the world . Im going to.
It was 18,000 on election day. Profits looking very strong. This is the time when corporations tell us how they are doing financially, the story is theyve never made as much money as they are making now. Tax cuts, here is something positive on that. A timeline, details in september, a house vote in october, a senate vote in november, that would be just fine if republicans can pull it off. And jobs, lots of optimistic forecast about fridays big jobs report. You look at washington, you see a mess. You look at the economy and the markets and you see something different. The hope of growth. 22,000, here it comes and Varney Company is about to begin. [laughter] stuart nice graphics. Aw. Who is that . The cars. Of course. Light the graphic. That pleases me. It pleases me. Money from heaven. Love it. Okay, big number, there it is, that was mondays close, 109 from 22k, looks like we will hit it right from the getgo, groan arrows for the futures markets. Triple digits, if we go we are at 22k wh
That did not go down well. Senator schumer, all condemned the president. Very few republicans wanted to comment. Speaker y and z be. White supremacy is repulsive. Politically, the president increasingly isolated. Charlottesville has led overdue condemnation of the entire term presidency. Business also backing away. Seven ceos know like the president S Advisory Council plus Union Leader Richard Trumka appeared ceos do not want to be associated with this president see. It classic trump counterpunching style, such has gone on the attack. Jeff bezos earns the Washington Post which is a harsh term critic. There you have it. The most chaotic politics of this presidency so far in a market that ignores it and rallies again. Youve never seen anything like this. Varney company is about to begin. Such you at the group on one side that was bad of was bad in his grip on the other side that was also very violent. Nobody wants to say that. Ill say it right now. You had a group on the other side that
Defendants. The army, navy, air force, marines and coast guard put out statements that showed distance from the commanderinchief and the media speculating that white house officials including top economic adviser may jump ship. The president is increasingly isolated. The question what does this mean for the growth plan . Tax cuts, infrastructure, what gets done when the allies walk away from it. Varney company is about to begin. Train to reflect to be down at the opening bell. That is a change. First time this week when the opening bell rings and 20 minute time the market will go down. Maybe the rumors are surging house something to do with this downsizing movement. We do have a big drop for the stock price of walmart. This is a dow stock helping push the overall average down. Sales up, Online Business way to. Looking forward it seems under profit margin and downs dr. Gross. The parent of the tory secret of bath and body works forecast weaker profits. Another retailer heading south. Th