Mr. Mccarthy hello. Now, this is going to be our last Weekly Press Conference for the year. And for the decade. So before we begin, if i dont get to see you, i want to wish you all a very, very Merry Christmas and a prosperous new year. Being our last press conference, i guess were going to start just where we started with our first one about a year ago. Talking about impeachment. You watch what had transformed last night on this floor. Its something weve said all the time. The weakest, the thinnest, the fastest impeachment in u. S. History. Schumer even admitted, trying to ask for more witnesses, that what happened on this floor over here was wrong. Now we have the own speaker of the house who is so embarrassed that she admits the failure of this impeachment that she will not even send it to the senate. So embarrassed that i watched in her press conference, she wouldnt even take your questions. That is not a good legacy to have. Shes admitting defeat by not sending it. By refusing to
The vote. Caller first let me say after watching that clip from that rally, that just proves the immoral depravity of President Trump and the people at that rally. But as far as the impeachment, i watched a lot of it. I heard so much republican showboating and repeating the same constant talking points that you hear every conservative radio host say. It comes down to republicans just dont care. They know that he is guilty. They just dont care about it. They have placed trump above the constitution, above the country. Some of them view him as a king. Some of them even view him as a messiah. And thats the problem. They will not listen to facts. Theyve been bred into believing that facts are fake news. And thats my comment. Okay, robert. Myron in milwaukee wisconsin. Independent. Caller thank you. I wanted to say i think first of all we need to not look at this so much as a partisan issue but rather protecting the greater good of american citizens and see this as a demonstration of the ef
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
Ratios. Scarlet the russell 2000 only behind a third of 1 . I thought this was opposed to be the moment for small caps. Romaine the patient, grasshopper. Deeper. Lets dive taylor, what youre watching. Taylor i am taking a look at the yield curve. Take a look at the 210 spread, really steepening. This is only a week after the fed meeting last week. The steepest yield curve we have had since january 2018. Up 10 basis points. Those Inflation Expectations early rising as the 10 year approaches to percent. Approaches 2 . Sheet of 4lance trillion on the pink line. Mike wilson at Morgan Stanley says this is the biggest nonqe qe program he has seen. Pushing this economic expansion even further. I will shift over to Prepaid Debit Card green. Green dot. Is Company Sites that citi saying competition investments and new product launches have set up 2020 as a difficult to navigate year. Now, this eminent leadership transition may suggest downside risk. This was after the ceo and cfo quit the compan
You have the u. K. Election. On the back of the most recent polls, still can say still saying the conservatives have a Comfortable Lead over the conservatives over the labour partys. Ecb and its new president meet on thursday. This is the stock we are watching out for down 61 . The chief executive quits and they canceled the dividend. Coming up, we will discuss the report on septembers repo prices. Up at 9 30 a. M. London time. This get to bloomberg first word news. Viviana yesterday hundreds of thousands of people joining hong kongs biggest demonstration in months. Popular unrest will continue. Organizers say 800,000 people marched through the city. Police putting the number at 180,000. The rally was the first promoted by the civil human rights front. The mayhem in the u. S. Repo market in september was not just a temporary hiccup. Ended in part up because the u. S. Banks now hold more of their liquid assets then treasuries. This is relative. The bif warning this problem reduces their