Earlier today, then pulled back from that. We have a lot going on. Were awaiting results from this hour that can shake up markets tomorrow with the netflix numbers coming out. First of tech titans to report Quarterly Earnings this season. First time for a company that will have numbers where we can compare it to disney plus. A lot of people looking at that. Melissa thats a big story. Then overseas President Trump sitting down with Global Leaders at the World Economic forum at davos praising his economic record while back on capitol hill the Senate Impeachment trial is officially underway. Well bring all the breaking headlines this hour. Connell as we go into the netflix numbers, just starting to cross right now, lets bring our panel in to talk about them. Scott martin joins us from Kingsview Asset Management out of chicago. Liz peek columnist here in new york, both liz and scott are fox news contributors. The numbers as they cross, netflix revenue 5. 7 billion in most recent quarter is
That statement. Iranian leaders, they have made statements. They have largely avoided the bellicose language we have seen in the past. Overnight, leader ali khamenei says it was a slap in the face to america. They say they do not seek escalation or war. Obvious question this morning, was the attack deliberately proportionate, a oneoff that makes a point but doesnt risk a devastating american response . Can the iranians risk taking action that results in allout war . Their economy is collapsing. They are out of cash. What will the president say this morning and how will he say it . Escalation . A threatening tone . We will find out soon. Now look at this. Yet again, the market is largely shrugging off an attack in the middle east, in the middle of the oil patch, no less. When the news broke, futures showed a near 400point drop but look at it now. Down maybe 20 for the dow and all of that loss accounted for by just two dow stocks which we will mention momentarily. The s p is going to go
Democratic debate stage where everyone came out. I think the question in fact remains who has the edge, when is agenda . Speaking of winners and losers, we break down who has the best and worst week, hence cue up the gang. Thats all im going to tell you. All that and so much more on making money. Stock market setting new records again today as our economy continues to sizzle and there are no signs of letting up. In fact all eyes right now looking ahead to 2020 and whether or not we can continue to fuel this, especial blaze it is an election year. But even as we continue to thrive last night in the democratic president ial primary debate, one of the main arguments was about whether or not it is good thing to do well financially. Take a listen. So the mayor just recently had a fund raiser that was held in a wine cave full of crystals and served 900 a bottle wine. Billionaires in wine caves should not pick the next president of the United States. Im literally the only person on this stage
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
The senate. She says she doubts there will be a fair trial, as if the hearings in the house were fair. Senate leader mcconnell speaks to this at 9 30 eastern this morning. Speaker pelosi holds a News Conference at 10 45. Now, the markets, thats already passed judgment. Impeachment is of no consequence to investors. Its irrelevant. Maybe they actually believe it helps the president in the 2020 election. Look at this. The day after the Impeachment Vote, the dow is going to go up just a fraction at the opening bell, and down a fraction on the s p, down a fraction on the nasdaq. In other words, no selloff at all. Stocks remain right at record levels. Well, it is going to be a fascinating day for politics and money. Statements coming from the speaker and the Senate Leader. Tonight, the sixth democrat debate and throughout the show, you will see the president in fine form at his rally. Varney company is about to begin. After three years of sinister witch hunts, hoaxes, scams, tonight the Hou