Lower because inflation Interest Rates are heading higher, there is a surprise in the numbers today. Retail sales actually fell in january no explanation, but a surprise. So this is where we stand after three days of gains, stocks down this wednesday morning. Throughout the show we will ask now what . We also have good news, more good news from olympics american team, the old half pipe star has returned, Varney Company about to the guys been around a long time. The latest medal count, germany has the most gold so far. The netherlands leads overall. The u. S. Is days. On a personal note, this medals count for countries. I prefer to celebrate extraordinary individual performance. Everyone should win one. Youre putting the metal cow. Stuart i admire your attempt at humor here. Ashley its about winners. Im for america winning the most gold. Believe me. Future is down because inflation is that. Down 200 though. Catastrophic for the dow. Lees peek columnist and creature router to the hail. Are you worried . I am not worried. This is another confirmation the economy is accelerating in its growth and expect it to see some uptick in inflation. This is not by any means alarming. People are watching carefully to see whether Wage Inflation tops out because the numbersign employment suggested there is a real shortage of available labor as the economy continues to grow that will perhaps become more acute. Right now there is nothing to be particularly alarmed about because earnings continue to grow very quickly. Stuart could we turn this around and say weve got higher inflation because weve got a very Strong Economy and thats good news. Eight years this drug sluggish growth and they turn on their head. They are resulting in volatility, that these are all positive investors. Retail sales fractionally down there were hurricanes that wiped out all the supplies and now they went down in comparison. Home centers dont do well in the winter months. Stuart . Stocks down from stocks down, inflation up in retail sales a big surprise. It appears both sides in the senate are willing to make a deal. Is it a deal the president is willing to sign. Nick johnson, editor in chief coming year record they will not produce a deal the president will sign. The president digging in his heels. Is that a hard way to go to . Is it too hard a line thats the scoop last night the president has said hell only take Legal Immigration and deals at the dreamers about 20 seconds ago i was sitting in the chair confirming just that. That is the bill through senator grassley that democrats say they will not support. What we hear a lot about what makes me less optimistic as the ryder as the rhetoric from republicans in democrats already shifting to the midterm. Republicans say if there is no deals can the democrats will be blamed for Border Security. Bear brunt of the political pressure for not acting on dreamers. Train to the hardline statements. They want to satisfy their base and needs to be reassured Border Security. They need to be assured that you will get the dreamer tuesday. Theyve got to have hardline statements set for a period they will not go shooting details down the road. Mitch mcconnell has thrown open the base pairs we havent seen in many years and they will be considered the first time has been partisan shot and we havent had any real but yeah. Im getting worried about getting to a real deal. Stuart if this is the barebones of the deal, do you think its acceptable . On the republican side, you get money for Border Security and at the same wall get money for Border Security. Limited reform of chain of moderate. On the other side cannot win for me, maybe 2 million dreamers tuesday. That is a deal is a broad dreamer. I think so, but how much money in sussex, the immigration deal falls apart. Have you changed family migration . Is the 25 billion, 15 billion, 10 billion when you start putting numbers on paper, thats where the Coalition Falls apart. Stuart i will end the discrimination by saying we get. Ive concoct you about bill gates. He says america could lose its role as a leader under President Trump p. M. Would you make of that . Theres no secret bill gates isnt a huge fan of the president under the America First policy on climate change. A common criticism of people like bill gates is the America First policy might hold america off the world stage. Who fills it . Russia, china . That is a criticism a lot of people make. We need to focus on american side of the world. Stuart thanks for joining us because it got to update the futures market. Weve got a change. Five minutes ago we went on the air, seven minutes ago down 200. Now we are down 100 night team. We are going down because inflation is up in Interest Rates are up, but not done as much as we thought we were. Chipotle, theyve got a new ceo. His name is brian nichols. He used to run taco bell. You will take over next month. A big job ahead of them, but investors like to move. Twentyseven dollars higher, on 11 . Ill take it. If i was an investor right now. Netflix has a bigtime producer, ryan murphy. This is all about original content. The guy behind such it does glee and American Horror story in premarket netflix is that 262 a share. Apple stocks, tim cook downplayed a special dividend to shareholders yesterday. This is what they will do it all back cash. Sure in liz investors they doubled the dividend to 26 a quarter quarter teacher you should dividend. May see its getting a little hard. He got uncomfortable and said we usually announced thursday that they are from annually come historic way between 80 of the team . Stuart i saw yesterdays close up about premarket today. Liz the dividend of 63 cents. Stuart amazon, what would our show be without an amazon story appeared theyve moved the market with the big one to sell medical supplies for hospitals. Lees peek, heres the question. Do you think amazon is over ahead of it beats going too far, too fast in the Winter Olympics . May be. Lets face it if they are getting involved in one sector of the economy that we should have all but, if health care. Im for a good that we will go to walmart, go to amazon. Ask these incredible cost cutters how we can slim down the expense of health care. Remember, amazon is involved in another rougher with Berkshire Hathaway and jpmorgan trying to figure out what to do about Health Care Costs because this is a recurring issue that is not going to weigh its not just obamacare, the cost of drugs and health care in general which is way too high. Stuart im surprised the Amazon Effect didnt affect the inflation of this. Msn brings prices are bigtime. It could bring drug prices as well. Liz weiss. Liz why isnt there more inflation in 21 trillion central brink throughout the crisis. Because its only begun to translate. Stuart a daily dose of our trades. A high school in california has been the National Anthem. It will no longer be found. Why . The students they are National Anthem is racist. Was that unicenter stereo . Big development overseas. Recommending Prime Minister benjamin that yahoo be charged with corruption. Has this got anything to do with this relationship with President Trump . Bernie sanders back in Campaign Mode heading to iowa next week holding a rally with former aide running for congress, far left democrats making a big push ahead of the midterms. More varney after this. And add potential income. Bring amlp into the game. Before investing, consider the Funds Investment objectives, risks, charges, and expenses. Read the prospectus carefully at alpsfunds. Com amlp stuart when we first got the inflation number, given what good are the market was down 200, 300 points at one stage. Now we are looking to a minus 170 at the opening bell. Greater Police Looking to bring corrupting charges against benjamin and then yahoo . What is he accused of . They accused him of corruption, specifically receiving gifts from businesses including a hollywood producer and an australian billionaire, james packer, also trying to negotiate favorable coverage in a newspaper in return for limiting the influence of another news paper within israel. Netanyahu denies all this and sets up a but its not to the attorney general to decide whether he will go ahead with his indictment. Polls say indictment. Paul saith that have been 60 of those people say they he will step down. Theres rather than charges for a man of his stature. Ashley 1997 yet similar charges. True to it one of the left is going not him in israel. Are they going after him because hes a friend of Donald Trumps . Ashley is a tenuous political situation because if they pull away from his party it could collapse in half irgun elections. Trade to Bernie Sanders going to iowa next friday. Brigand reporter charles hurt. I dont think its necessarily running for the president pay. Hes going to drive his party to the left. These people are always running for president. If there is a politician anywhere in washington, and they all think they will be the next president , but what he wants to do more than anything else is to try to move the party more in line with his politics. That way it makes it easier for him to run for president because he will be the next president of the United States. Trade to do you think it is a winning strategy. You start offering free college for everybody, free money for everybody. It sounds pretty good, very good. You could witness a platform like that. Margaret thatcher said its really great until you run out of other peoples money, which is what always happens. I do think it is kind of their shortterm strategy. You have a couple smart people like Chuck Schumer and the party who realize there might be a limit to that. The Democratic Party has become the party of free stuff, Racial Division and class warfare. Again, it feels good for them to hit all of those buttons. They still have to go through that. The reason republicans are where they are is because republicans allowed donald trump. Donald trump one and took over. When Bernie Sanders crashed the gates of the Democratic Party come the Democratic Party coalesced around Hillary Clinton and they rebuffed Bernie Sanders and they basically the election to give it to Hillary Clinton because they didnt want to deal with it. They still have to face up to that. Trade to have a sneaking suspicion that Bernie Sanders, had he been the democratic candidate could have beaten donald trump. I think in the end, donald trump would have won. I think Bernie Sanders wouldve run a much Better Campaign in a much better chance that he could have one than hillary. Come on, Hillary Clinton has been around for 25 years. Who do they try out for the response to the state of the Union Address come a fresh new face named kennedy. Take peoples last names and jumble them up. Come up with some sort of new last name. Stuart i hear that Hillary Clinton may be campaigning for the midterms. Dont laugh. I hear this is whats going on. Its true. My pipe dream is that she runs for president again because that would be a lot of fun in 2020. Stuart you should be ashamed of yourself. You really should. But its good having you on the show. Thank you, sir. Appreciated, stuart. Stuart apple chief tim cook defending and told shareholders he never wouldve supported the plan if he didnt think it was good for america. More varney after this. You know what they say about the early bird. He gets the best deal on the Perfect Hotel by using tripadvisor thats because tripadvisor lets you start your trip on the right foot. By comparing prices from over 200 booking sites to find the right hotel for you at the lowest price. Saving you up to 30 youll be bathing in savings tripadvisor. Check the latest reviews and lowest prices. Thats it. Im calling kohler about their walkin bath. Nah. Not gonna happen. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of mind. Call and ask about saving 1000 on your walkin bath, or visit kohlerwalkinbath. Com for more info. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Stuart tim cook, ceo of apple talking about Corporate Tax cuts. He would have supported something apple thought was bad for america. Actually kind of a back way of saying forcing to say i didnt like it. Apple accused of getting huge windfall from the tax bill that went through because of the change in the way money held overseas as repatriated. American companies in general had 2 trillion overseas, but apple was the Number One Company that did and if it from a change in how the repatriated money is taxed. In fact, they paid 38 billion on the repatriated money or thats a nice little hit for Treasury Department. And yes, they didnt pay as much as they wouldve paid under the old system, but they never wouldve brought the money back. They dont have to bring it back to pay the tax. 38 billion. Thank you very much indeed. Republican congressman todd rokita announces a crumbs bill to make tax bonus is taxfree. This is a direct response to Nancy Pelosis criticism about taxcut bonuses. Liz enlistee conniver wondering how long it took them to come up with this. Creating we just hope the comment of nancy pelosi is powerful stuff. Stuart the front page of the New York Times two days ago. That comment did not sit well with a lot of democrats in a report that maybe shes losing a little bit of her grant. Liz is supposed to be democrats as they been staked trump one. Symmetry democrats broke away from nancy pelosi voted for the spending bill. Weve got a fight for this come and stay online. I think it was horror deplorable small man. I agree. That did it for me. Moving on. Five minutes from now we are going to be about 200 points. We have Inflation Numbers at 8 30 eastern time. Its going to be down 300. Then we came back minus 100 now we are at a minus 200. Four minutes before the bell rings for the open of trading. We will take you there in just four minutes. Proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease. And lower your a1c. Wow. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. What do you think . I think its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Searching for answers may feel overwhelming. So start your search with our teams of specialists at Cancer Treatment centers of america. The evolution of cancer care is here. Learn more at cancercenter. Com experts all right were going to start trading in 45 seconds and here is the back drop to whats happening today. We have had three days of gains. Then today. Thats Consumer Prices gaining 2. 1 over the past year thats a strong rate of inflation. The result was to put In