Success or American Interest with israel and hamas. This is jimmy carter relapse. This is exactly what jimmy carter did. He ruined the stock market and the economy. Thats how we got ronald reagan. Maybe this is how we get donald trump back. Trump is having pro growth themes and people want him back and biden demonstrated he has no way to do it. All he can say is trump bad, me good. Stuart oh, i aint as good as i once was. Did the producers elect that one for me . Oh, its about biden. I thought it was about me. Lets get on with it. 11 00 eastern time. Monday, may 13th. On the markets, the rally is a very modest rally. Its holding and dow up 43 and nasdaq up 43 and s p up 2 points. Not that Much Movement and we have green. Big tech, its a mixed picture this morning. We have one winner, thats apple moving up to 186 but microsoft, amazon, who else we got . Alphabet and meta are down. 10year treasury and important indicator, 4. 47 . Now this, alarm bells are ringing in the white house and e
Stuart it is 10 00 eastern. Israel says hamas is telling palestinians not to move after they want everyone to evacuate before they launch a Ground Invasion which is imminent. Massive protests erupting from the west bank to yemen. Lebanon backed has bought the iran backed hezbollah saying it is fully prepared to join the fight against israel, quote, when the time comes. This raises new fears that israel could face a multifront war. Here at home, major cities on high alert. Former hamas leader declared a global day of jihad urging protesters to join the war against israel. From los angeles to new york city, stepped up security, the fbi urges the public to be vigilant as more mass protests are planned across the nation. Lets turn to our money, reporting all of that going around the world. I see a nice rally, 200 points for the dow jones, smaller game for the s p and nasdaq. 10 year treasury yield is down 462. The price of oil reacting to the tensions in the middle east, 86 a barrel. Momen
What he said and well its all wrong and elon muck is taking on ford he say test it is la pickup truck is coming soon and bigger and better than f150 varnmy and company starts right now. Charles all right take a look at that, that baby is cold outside and by the way it is getting colder and were togs windchill numbers frigid weather the midwest i lived there for a year and a half i bet you it is like minus 20 below but kansas city can boast about being a balmy 2 degrees. With a rally hit dow 25,000 in 2017, and, of course, now that the tax deal is done a lot of focus on what is next on the the trump agenda for his administration and a pouked on trillion dollar infrastructure that package is on the docket now remember when Senate Minority leader Chuck Schumer said he would work with President Trump on Infrastructure Spending you dont remember roll that tape. To join us we expwrea democrats are talking about this and a bill long before donald trump was campaigning for the president. Now w
6. 9 trillion and we will hit the 7 trilliondollar mark. I have been covering money for 40 years and i have never seen a runup like this. They all combine to create this extraordinary rally and it continues today. I hope youre able to follow it from the comfort of your home because the weather along the eastern sea board is just plain terrible, the bomb cyclone, the bombo genesis, carolina, virginia, a blizzard by any other name and brought onethird of a country close to standstill. We offer a unique opportunity, sit back andat w dow 25k and th bombo cyclone, Varney Company is about to begin. Stuart liz peek with bombo cyclone glasses. Look at futures, we are going to go up 100 points in the opening bell. We should cross 25k. If those futures, quote, stand, we will hit 25k in approximately 27 minutes and 40 seconds. By the way, we just learned that 250,000, a quarter million new privatesector jobs were created in november, thats a big number, a very strong economic indicater. Lets take
Up another, what, 60, 70, 80 as of this morning. By the time we open, the dow will be, what, about 300 points away from 26,000, another milestone. Heres that big number, put it up again, please. The value of all stocks has now gone up 7. 6 trillion since the election. And more companies are giving employee bonuses because of the tax cut. Fiat chrysler and capital one are among the 14 companies to join the list in the last 24 hours. All right. Jpmorgans chief, jamie dimon, he says tax reform is a significant, positive outcome for the country. In other words, we aint seen nothing yet. Hes americas top banker. Weve got to get to politics. Dueling comments. A vulgarity from the president thrown right into the immigration debate. Thats not going down well. A raciallycharged comment from nancy pelosi, five white guys are deciding immigration policy, she says. The multimillionaire, pelosi, also says those bonuses are pathetic crumbs. [laughter] sit back, folks. Were on a roll. Money and polit