Things where its always on the horizon, were about to do it. I think they will do it. That will take a huge uncertainty out of the way, usmca, nafta 2, getting that out of the way. The other thing to avoid is a trade war with europe over auto parts and imports. With all the optimism, bank of america said 68 of managerses think the markets going to be good. Thats usually a bearish sign. Lauren i know. When everyone starts saying things are so good, mitch, you study this, you know the stock market, does that mean you should go in the other direction. Not necessarily. Think about what happened last year. We were worried about the fed raising rates. This year the fed lowered rates three times. The markets are sending them a message, saying we like lower rates. I think fed talk will be the thing to look at. I would look at corporate earnings next year. Baked into the market this year is the fact that next year will be a good year for earnings. Last year was a meh year for earnings. Lauren i
President trump commenting on negotiations yesterday at the white house. They are also meeting, it actually be done before our meeting, i think we have a good chance of making a deal. I think they want to make a deal, they are losing, Many Companies are leaving because of tariffs, they dont want to pay tariffs. Dagen european trade going down on a different path, 4 billion in trade value, pasta, cheese, whiskey, metals and chemicals. Fixed Income Portfolio jack mcintyre, good to see you as always, what to make you look at fixed income, you look at the bond market, 10year close to 2 but the s p at new alltime high, who is right, because the fixed income market treasuries say slow do you know slowdown ahead . Believe it or not, they both can be right. For that to happen you need noninflationary growth because thats whats driving the fixedincome markets, obviously whats driving equity is the idea that hey, the fed is going to cut maybe 50 this month and weve got some growth, so as long as
This is on the money, your life, your future. Now, becky quick if youre one of those people cramming as much as you can into your carryon bags, get ready to unpack. The tsa is testing a new strategy, having travelers put all electronics larger than a cell phone in a separate bin that includes ipads, tablets, and ereaders. The idea, make it easier for screeners to catch potential problems in bulging carryons. Theyd have to weed through multiple things in there the more stuff you put in there, the more beganics that are in there, the slower the process will become. Reporter eventually, the procedure will be tested at ten airports, including l. A. X. And logan, coming as the department of Homeland Security considers extending the ban on passengers carrying Laptop Computers on to International Flights after intelligence suggesting terrorists may try to use laptops to trigger a bomb midflight. Theres a real threat there is numerous threats against aviation thats really the thing that theyre
Connell have happened to you. Dagen lovely people, lovely flight attendants on american airlines. Love the people. Connell i am glad you dont focus only on the negative. Stocks of two which is positive as we have mixed Economic News which we will talk about with bob schiller, Alan Greenspan, peter barnes, Nicole Petallides starts us off from the floor of the stock exchange. Nicole you see the Dow Jones Industrials up 20 points. We havent broken through yesterdays highs. We had an incredible run, weeks of gains, an incredible year. The dow was up 23 , the s p up 27 and the nasdaq up 30 . The run continues and some names on the dow better hitting highs said disney, american express, a traveler to name a few. Take a look at tiffany, alltime highs for tiffany, a higher quarterly profit in asia, that is where way saw the strength for sales and raise fullyear earnings per share numbers looking good peer up 7 . Dagen to the storm that could wreak havoc on Holiday Travelers across much of the
For a wall in a longterm immigration bill. We have team fox News Coverage all of this this afternoon for you and live at white house plus speaking with david who has latest reaction from congress. Hi, with david. Good afternoon theres a lot of reaction in the clock. It is ticking even louder because members of Congress Know that february 15th is the deadline if they dont hash out some sort of an agreement President Trump says hell move forward with that wall in a minute but now that government is back open, hundreds of thousands about 800,000 are back to work. But still those paychecks wont come in immediately many of these agencies have been shutdown since december 21st end of 2018 they need a couple of days to press everything. Youll start to see things opening soon, though, when it comes to National Parks and museums. We check with National Park service were told you need to check specifically with park sites youre interested to find out when theyll be open and as people head back t