After reporting better than expected earnings ahead of the launch of its streaming service next week. And we have a big interview coming up in just a few minutes. Billionaire investor leon cooperman says he will support fellow billionaire Michael Bloomberg if he runs for president. Cooperman joins me exclusively to explain why joining us for the hour is mark tepper from Strategic Wealth partners mark, great to have me here. Thanks for having me, appreciate it. What is your take on the market we saw record highs this week, but seem to be moving sideways here today yeah, so, overall, investors are definitely riskon right now, because of this trade optimism i know trump said today that maybe there has been no agreement with regard to rollbacks and tariffs. But nonetheless, risk is on. And were seeing this rotation now out of bonds, into stocks. Were seeing a rotation out of defensives, which had been leading the market into cyclicals. And really, one of the biggest driving forces right no
Investigation and then the lawyer for former National Security advisor Michael Flynn all that right here and right now on sunday morning futures. All that coming up but first democrats are forging ahead with their impeachment inquiry invit ing more Top White House officials to testify this week, behind closed doors. Just after the house vote to formalize the inquiry on thursday and this as recent poll s show americans are split over whether to impeach and remove the president. Take a look at the new fox news polls showing 49 of people support impeachment and removal compared to 41 who oppose it, want to bring in former white house chief strategist steve bannon the host of the new syndicated radio show and podcast and it is great to have you. Thank you for having me. Maria thanks so much for joan ing me, steve, congrats on the podcast but first your reaction to what democrats did on thursday this vote to move it forward . Well here is what happened you got to go back in time. The fever
President trumps criticism . Yesterday the president called for lower Interest Rates just like our foreign competitors. Event that far from now the market opens, interesting on the day impeachment hearings to start, stock prices are out at record highs in the dow jones will be down about 80 points. Closed unchang. Statistically unlikely, but it happened and s p 500 down about a, nasdaq down about 20, no serious selloff at the opening bell a halfhour for now and then there is this, extraordinary scenes from hong kong overnight. Battles on the streets. The city, paralyzed the Central Business district shut down. Schools closed. Its open warfare, a revolt against beijing, serious stuff. You are about to see a important day. We will find out if the democrats really can convince voters that President Trump should be thrown out of office and we will find out if the economy can keep growing in the stock market keep rallying. Varney co. Is about to begin. Stuart moments ago we set it, its open
Investigation and then the lawyer for former National Security advisor Michael Flynn all that right here and right now on sunday morning futures. All that coming up but first democrats are forging ahead with their impeachment inquiry invit ing more Top White House officials to testify this week, behind closed doors. Just after the house vote to formalize the inquiry on thursday and this as recent poll s show americans are split over whether to impeach and remove the president. Take a look at the new fox news polls showing 49 of people support impeachment and removal compared to 41 who oppose it, want to bring in former white house chief strategist steve bannon the host of the new syndicated radio show and podcast and it is great to have you. Thank you for having me. Maria thanks so much for joan ing me, steve, congrats on the podcast but first your reaction to what democrats did on thursday this vote to move it forward . Well here is what happened you got to go back in time. The fever
Yep, 1997 because the s p is having its best start to a year since then that song youre hearing, you fast money fans out there, this is not one of our traders losing a fast pitch. Thats unbreak my heart which was topping the charts in 1997 in the box office a little movie called titanic was smashing records. Here is the question heading into the Fourth Quarter. Will it be a smooth sailing for stocks or like the titanic is the market headed for a giant iceberg . Guy adami. Well done. Iceberg or smooth sailing choose your own adventure. I watched the titanic movie when it came out it was a good movie. It was very realistic. You felt like you were on the boat the thing about icebergs, just to get some science here. I was waiting for that. You only see this much of the iceberg they should have a saying like that. Below water. Below the water so the market has done an incredible job of navigating through what have been numerous icebergs this year its weaving its way through the people stand