Its on fire again. 3. 8 gain yesterday can something similar, up to and half percent again today. Why the big rally . Leader mcconnell says there will be a stimulus package probably this year and that helps. Divided government means no big tax hikes or green new deal, that helps. The fed will most certainly keep printing, so check your 4o1k and a smile. Lets deal with the election, the president ial winner still in doubt. It will come down to four battleground states, pennsylvania, North Carolina, georgia, nevada. Its close in all four states in the trunk team will go to court to make sure only valid votes votes are counted and we expect an update on the count in nevada. That state may be called today. Watch las vegas, 11 30 a. M. , but from campaign may be filing a legal challenge there also. This is the place to be if you follow money on politics. Varney co. Is about to begin. Stuart i wanted something more upbeat and lively with the market rally to die for. We will try next hour. Th
Guest reporter. Congressman, first off, why are you not running for reelection . I am not running for reelection because im looking forward to continuing to work on topics i care about. There is more than one way to preserve a country and everybody thought i was crazy when i left the cia, a job i loved and was good at in order to run for congress because i thought it could help the Intelligence Community in a different way but im looking forward to staying involved with the National Security, Public Policy and technology and to be able to continue talking about technology, whether that is through the media or working at a cuttingedge company that i am working on art of political intelligence and quantum is super exciting. I also dont believe these positions in congress were designed to be in for 30 years and i have always said that six, seven, eight years is likely the best thing and so i am hitting that time and decided to go off and do other things. Host in fact, you have written a p
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
Since the great recession. Is now the time to start worrying we asked this question because we said it only lasted a couple of hours, no big deal. Here we are, two weeks later it has been at, near or inverted for the past two weeks. Although. 3 back in may. Three months ago, true. Now we have all of these indicators flashing recession, recession, recession should we you should always be worried i think, but i think with worrying comes pete uses the word all the time, trading opportunities. I think thats what you have now. He said something a couple of weeks ago, stay with me, the volatility will be volatile. I agree with that. I will Say Something that ive been pretty steadfast, i think the market will bottom, s p 500, when the vix prints. I think the trend will continue to be lower for all of the reasons you mentioned. There are other reasons as well. It is not just the u. S. china trade. Quite frankly, it is not just this inverted yield curve. Other things are going on as well the ma
Those pilots were amazing. Full respect of them for getting us down. And the incredible findings at Mission Jurassic well take you to one of the biggest dinosaur graveyards in the world. Israel has blocked the visit of these two Us Democratic congresswomen after President Donald Trump encouraged it. The two women are ilhan omar and Rashida Tlaib, part of this group called the squad. They were involved in a racism row with President Trump last month, after he tweeted that they should go back to where they came from. Rashida tlaib is of palestinian origin and was planning to visit israel and the palestinian territories this weekend. Mr trump tweeted. Israel initially agreed to the visit but has now reversed its decision. Israels Deputy Foreign minister Tzipi Hotovely has tweeted. Bds stands for boycott, divestment and sanctions its a movement that urges a complete boycott of israel over its policies towards the palestinians. Tom batemen is injerusalem. These two congresswomen, ilhan omar