Street journal, first on china, greg, everyone seems to think that if you dont get a deal, if you can push back tariffs, for now that might be just as good as one, what do you think . Certainly we are past the days where every sickle things got worse, things look worse, the markets took it on the chin, we are now in a stage where things arent getting worse, thats okay, nice if we got better, nice of phase 1 deal but honestly just like staying where we are is satisfactory for the markets. I think, neil, the way to think about it on the trade front we reached a new equilibrium, higher uncertainty, more unilateral action but the markets having sort of got use today the new equilibrium and will take it hard if the equilibrium gets worse. Neil lets say we dont get a delay on tariffs, i imagine that would not be well received . People are putting 75 probability that we delay the the december 15th tariff increases that would be my expectation as well, i dont expect things to be terrible. Neil
Goldman sachs talking up a Strong Economy for 2020. Jpmorgan talking up another market rally next year. And our longterm guest is again talking about a market melt up. Look what we have right now. We will open the dow slightly lower, maybe 40 points down, but the s p is going to go up a fraction and the nasdaq is going to go up about a quarter of 1 percent. Now this, the down side of Americas Energy independence. We are producing so much oil and gas that chevron has had to write down its shale assets to the tune of 10 billion dollars. We are energy independent, that is good, and gas is cheap and getting cheaper, and thats very good, yes, it is, another trump win. Big show as usual. Varney company is about to begin. Im not sure about that animation right there. It is kind of wrong, but i believe weve got a sound bite for you. Are we going to play that one . Yes. There was and never has been any evidence of collusion, and yet this campaign and the president S Administration has been domi
Corporate welfare, spending billions of dollars to guarranty the Richest Companies in the world but where is your part . All that and much more on making money. Charles stock of the day, folks Charles Schwab, Td Ameritrade jumping on news, fox news learn the two plan to merge. Jackie deangelis on the potential take over. Good afternoon, charles. That is a lot of green on the screen. I realize what im wearing here but our colleague Maria Bartiromo did break this news this morning. Im waiting for companies to confirm it. Charles schwab is expected to buy Td Ameritrade for 26 billion. Combine the companies together, the assets are worth five trillion. Which puts the combined company in a Different League in terms of the competition. Ceo Walter Bettinger will run the new companies. The theme of the industry is consoledation. The current environment has been pretty tricky for these companies. Commissions eliminated. Schwab was one of the First Companies to do that in october. Flipping table
Announced a dramatic shift in u. S. Policy in the middle east. Well bring all the breaking headlines and reaction from danny danone, israels permanent representative to the United Nations coming up later in the hour. Plus it hasnt been out for a full week but your disney plus account may already be compromised. Then there is ford. Betting on electric. The risky move the automaker is making with its new mustang. Melissa we have fox Business Team coverage. Blake burman at the white house. Kristina partsinevelos, on the floor of the new york stock exchange. Phil flynn is watching oil at the cme. Edward lawrence with the latest on trade talks from d. C. We start with kristina. Starting with me instead of Edward Lawrence. What well talk about is the hp deal. A lot of people were talking about rumors that xerox wanted to buy hp. Unanimously hp board decided to reject xeroxs bid. In . They think it is way too low at 22 a share. It undervalues hp. Youre thinking similarities between the two po
To retail after macys posted stronger than expected Third Quarter results that missed on Third Quarter sales. Three heavyweights expected to release numbers. Well bring you the numbers just as soon as they hit and impact on your money tomorrow. First, here is what is new at this hour. At the white house President Trump is about to award the National Medal of the arts, National Humanities medal for the First Time Since taking office. Among the recipient, actor jon voight, author james patterson, and Country Singer allison krauss. Well bring you any breaking headlines from the president. Plus on capitol hill the marathon public impeachment hearing continue. Meantime President Trump is meeting with the biggest ceos in the country. The commanderinchiefs new request from tim cook. And netflix suffering a worldwide outage. The current status and the latest response from the streaming giant. If you thought you were watching netflix tonight, you better tune in. Connell we have fox Business Tea