Roadmap, eight years since the haines bottom. And aig ceo is out, what is next for the giant insurer . Ceos headed back to the white house. We dig into the return on a west wing meeting. The s p and dow looking to snap three session losing streaks which hasnt happened since january. We got that pull back in energy yesterday resulting in those losses. And as we said its been eight years since the stock market had bottomed. That of course was when mark haines made a very big call right here on this show. However, im going to step out on a limb here. This is the big hold on everyone. Weve been waiting for this. I think were at a bottom. I really do. Ever since what we call the haines bottom, the s p has surged more than 250 , the dow also more than tripling its gains. The nasdaq outperforming both indices up 360 . On that morning, which is actually the tenth when mark made that call, dow and s p closed up 6 that day. Well, mark was someone we all work with mark. I used to talk with mark a
Rally, since we hit bottom eight years ago today, is all the result of the feds easy money policies. The other day when the dow gained points, nasdaq crept up a tiny point with 2 . I think its worth spending some time together debunking that canard because its a bogus story that casts the entire move as a castle in the sand that could be washed away by the wave of the feds impending rate hikes. Look, if you really believe that this epic multiyear increase was all about the Federal Reserve, as so many do, and not about the companies and the ceos and the people behind them that you invested in, then right now you should be scared out of your wits, no doubt, given that were probably going to get a very strong employment report tomorrow which will allow the fed to start tightening, most likely tightening fast. The fed aggressively cut rates during the grease recession because it wanted to entice our country into doing more business and it did it. So lets move on to something more befitting
Higher. Plus, were going to have more opposition it appears to the border tax. The ceo of jc penney says it makes profitability virtually impossible. The Corporate Tax myth, a new report showing many of the american Largest American Companies pay no taxes at all. Within that headline number of course the better than expected jobs report shows private sector payrolls up by 227, construction up 58,000, thats the most in nearly a decade. Average Hourly Earnings up, numbers coming ahead of next weeks fed meeting in which policymakers are expected to raise rates. That construction number driven perhaps by trump rhetoric or policy. Perhaps by a warm weather in february and very little snow across the country. Well, ive got to tell you, i always like to look at where the jobs are created. And ive been waiting for construction. I love construction jobs because theyre such a great ripple effect. Construction punches way above its weight in the u. S. Economy and increase by 58,000. I also like t
The mayor of West Palm Beach. She told me that obviously they are monitoring things as best they can but they will not be able to go out into the elements to help someone if they find themselves in danger. So they are asking everyone to stay indoors, and that includes first thing in the morning when the sun comes up, there still could be dangerous conditions and theyre asking everybody to stale remain indoors still remain indoors because of the ongoing conditions of the can you seeus to be, and it is expected to get windier, especially around 1 a. M. Through 4 a. M. Were seeing expected to see winds up to 80 miles per hour. So the message tonight stay indoors. Im adam winer, back to you. And thats what well do, to what it has done. The death toil in haiti is 283 people. This is new video showing some of the tremendous damage to that country. Can you see walls and roofs just damage that has forecasters so worried here in the u. S. Chief meteorologist mike nelson is tracking matthew. Whe
Emails reveal troubled incidents about her campaign. She should be locked up, she should. Well ask his running mate about the allegations. And then, how Trumps Campaign could impact the gop. And a round table of political reporters from crucial battlegrounds on the state of the race. Plus, a very special power player as our own Chris Wallace prepares for the final showdown between trump and clinton. Its not a tv show were doing. This is helping millions of people to decide who we elect as the nextll right now on fox new sunday. And hello again from fox news for las vegas, we are live on the strip here at the mgm grand hotel just down the road from unlv, the site of the final debate between trump and clinton, monitored by our very own Chris Wallace, who is preparing. As the campaign prepares, both sides are in the middle of damaging allegations as trump faces accusations about groping women, and clintons emails on wikileaks. And well get to senator tim kaine the just a moment. But we be