Sector, that is a slowdown. One hour from now, well know. Watch that market. Right about the same time, the president will begin his trip to florida, where he will make a speech, i think the title ought to be protecting health care from socialist disruption. Its probably not called that but im making free rein here. Usually when the president leaves the white house, he speaks to reporters. He may address the economy. Whatever he says, youll hear it and it will probably move the markets. Theres news on the president ial campaign. Bernie sanders is recovering from heart surgery and has canceled Campaign Events until further notice. Obviously, there are questions about a 78yearold facing another year of grueling campaigning. Joe biden is taking a hit in the latest polls from his son Hunter Bidens business dealings in ukraine and china. Heres my opinion. Its now Elizabeth Warrens nomination to lose. Heres another opinion. That should worry wall street and it should really worry moderate de
Bloodbath, the media jumped on it suggesting the blood will flow if biden wins, they got it wrong we will play the tape trump is referring to disruption in the current industry if he wins. The present is reportedly upset in his low polls and is been yelling at his staff he cannot be happy with this either. An oped in the Washington Post asking Vice President harris to step aside for the good of the country, lets get to the markets, a big rally at the opening bell for tech stocks on the nasdaq the dow is up 73 s p of 38, look at the nasdaq 221 points to the upside at the opening bell, that is a rally despite interestrate holding at higher levels the tenure is well above four and a quarter percent, for 33 in the twoyear above four to half percent, 473 this morning, bitcoin as job lot 70000 no big selloff, 685 at the moment. Oil above 80 a barrel 81. 47, gasketing close to 3. 50 a gallon, 3. 46 as of now in diesel 4. 02. Politics the president leaves the white house tomorrow for campaign
Stuart look at the big board, the dow is up. I wont call this a rally but it is again close to an intraday high, awfully close to 17,100. How about that. Stock of the day, time warner, look at it. 21st century fox makes a bid for the company, time warner turned down by the door is open. We should mention 21st century fox owns this network. Mary kissel is here to pass judgment on this titanic development. In my opinion a couple of issues here. Content is king, time warner is king of content. There is a migration, television to online. This is all part of that. It is just great more broadly speaking susie animal spirits in this economy. 2 growth, nice to see Companies Bidding for one another even if it doesnt work out but you are right. Content is king whether it is comcast, time warner, dish, spectrum, verizon, the tv deal they did absolutely is very valuable. Stuart i dont think it will make a difference to what our viewers see in the immediate future or where they see it but look down
Imus in the morning two views of the fate of the union. The way the president sees it and the way you see it. They are very different. Good morning, everyone. Tonight president obama gives what is being called an aggressive state of the Union Address. Its been widely leaked. He will call for robust government involvement in the economy. More spending on education, infrastructure and green energy. Pay for it with more taxes on the private sector and on the rich. The president says the government can rebuild the middle class. On capitol hill there will be numerous Standing Ovations, but 80 thinks that the opportunity for the next generation is disappearing. More than half think the economy will never fully recover and just as the president demands more spending, he reports waste and fraud in the program is put in place. There you have it. The great divide. Thats perhaps the true state of the union. Stay right there, Varney Company is about to begin with dr. Ben carson. All right. Everybo
To bitcoin, the jobs report in a minute but first , robots. Remember when you should use the big dog robot which turned a few heads . Googles G Derek Schmidt says, quote, robots will replace a lot of the repetitive behavior in our lives. No impact on google stock. This is the tangential story by calling the sign of the times story, rapid pace of change story lisandro is here. These gee whiz stores are coming fast. Google has been buying these copies left and right, eight robotic companies the past year alone. Theyre creating robotic faces to make the robot more humanlike. These are Real Companies making real robots that do these things. They bought shaft which is a company that conducts rescue, they make robots that do rescue operations in situations that are too dangerous to send humans and to. Some of these companies are fascinating. Google is showing they need to branch out and be doing other things to grow the technology. Stuart when i think of stocks i want my grandchildren to own