What happened in your christmas household . It was wonderful. At with my sister. And best gifts . You know, the usual what is the best gift that we could get, you know sf what is t best we could do at this point is that appropriate for Morning Television i got socks socks are good. I got some very thoughtful sweatpants i got some sweatpants how thoughtful could sweat pants be they were very comfortable. Did you get new yoga wear lululemon, yeah see, i knew that i was going to get you that, but i knew someone else would. We cant just all keep repeating. Okay. Anyway, im Andrew Ross Sorkin joe kernen is here, melissa lee is here. Becky happily has the day off. A quick look at futures. We have the dow looking like it would open down. A few days where we talk about things opening or at least looking like they will open in the red. Right now dow would be down about 32 points. Nasdaq off about 7 1 2 s p 500 off or rather up margma marginally bitcoin is rising, recovering from a selloff last
Blue chip index is up nine months in a row. The longest streak since 1959. Now, this as that new non partisan study says 143 million americans, 143 million of us are going to get a tax cut under the new gop tax plan. This defies what critics have been saying even outspoken socialists, Bernie Sanders is admitting that this could actually be a good thing. Yeah, it is a very good thing and thats why we should have made the tax breaks for the middle class permanent but what the republicans did is made the tax breaks for corporations permanent, the tax breaks of the middle class temporary. And joining me right now, National Review Columnist John Fund and john, 143 million americans will get the tax cuts. We get them next years well feel them when we file 2018 and 2019, although some of us will feel it in our withholdings will change and less money in our paychecks but does sanders make a good point the fact that these tax cuts do expire on the individual side 10 years from now . Absolutely,
But cannot markets after the holiday weekend, feature showing it lower to flat opening for the market. Premarket s p flood down more than eight. European markets remain closer to asia overnight. Gains in the shanghai, the hang seng was closed. But then again, the crib to a currency bounces back whether it can retain its shine. Well talk about it. Controversy over it congresswoman seed in the air. United apologizing after booting a firstclass passenger for Texas Democrat Sheila Jackson lee. Airline response to the growing outrage over that move. The retail rebound weve seen christmas shoppers give pretty married this Holiday Season. All the numbers became pretty darn good. Their rush to a trillion, while baron says apple could hit the number in 2018. Jumanji sings into the Christmas Box office. We will see whether its enough to force the last jedi off the top spot. All of that coming up through the former Lieutenant Governor of new york. Betsy mccaughey is here, former fbi joint Terror
Big news out of the United Nations, nikki haley announcing a cut in next years budget after the un voted to call for donald trump to withdraw his plans Israeli Embassy to jerusalem. Varney and company starts right now. Charles lets look at futures, under pressure all morning, fractionally better. Lets bring in zach hour. Everybody wants to know 205k in 2017. In 2017, i dont see why not, certainly lets call it by valentines day a couple points, next year will be a strong year for the stock market, the first half of next year especially. I am worried about a blow off topic for the market sometime next year but that is all the more reason. Charles you could argue this year, last year, the year before, pretty long market, people are calling for it. Prices are not crazy, prices are okay, we are introducing new money into this economy with conditions tight. What i worry about is a faster rise in Interest Rate than we expect giving more competition. The cd rates, why am i taking this risk in
Flight coming up and the state department tonight engaging in a timehonored practice, releasing politically sensitive documents on a friday before a holiday weekend. Todays release, emails with classified material belonging to none other than Hillary Clinton aide huma abedin. Well take all of that up here tonight. We begin with the top story. President trump amnesty or illegal immigrants. The president taking to twitter to lay out his immigration demands which include a border wall and end to chain migration. Rich edgeson is with the president in West Palm Beach florida with this report. Reporter President Trump says hell deal with democrats though he has conditions. He tweeted, quote, the democrats have been told and fully understand that there can be no dacca without the desperately needed wall at the southern border and an end to the and lottery system. We must protect the country at all costs. Im here today to announce that the program known as dacca that was effectuated under the