As the government buys, everybody else tries to exit and essentially, the only big buyer left in china is the chinese central government. You have five dow stocks now in bear territory and meaning theyve fallen 20 from the highs. Walmart, disney, apple, exxonmobil, intel. Structurally, legally, in terms of work force, the United States is in the best positioned economy in the world to get through all of this and prosper. The fed is absolutely to blame for this. They have managed this terribly from the beginning and the markets have taken it into their own hands. Prices have to adjust to the economic reality in the United States and europe and china and the question i have, stuart, will the fed allow that to happen . That was yesterday. This is now. Doesnt is look different . The futures indicate a gain of 500 points right there at the opening bell. Again, i have to caution, nobody knows how this thing will end. We can tell its going to be up big at the opening, the ending is another st
London, big day from politics, varney company, were about to begin. A record breaking goal number 55. And everybody on the field thought he was going over. That was just one of four goal that argentina scored against the usa in the copa finals in houston. A disappointing end to the tournament for the United States. Lionel messi arguably the best player. Argentina moves to the finals. Lets look at the markets ahead of the british vote tomorrow. Weve been in anxiety mode here. There is your Dow Jones Industrial average, maybe up a fraction, the s p 500 also perhaps up a fraction. Ov oil the last few days high school been interesting. And flight to safety and the 10year yield going down and down and down reflecting a tremendous amount of angst. I want to discuss it with art laffer. Art, you know, art, we keep hearing that the vote itself, i think initially, it was about sovereignty, i think to a degree about the idea of unelected bureaucrats from brussels telling the english people what t
The media is piling on, the most rabid antitrump owned bezos, amazons owner. Read about it. 95 days until the election. The Justice Department knew about the cash for hostages swap and objected to it and they were overruled. This is the 400 million all cash ransom payment for the simultaneous release of the hostages. The Obama Administration says its coincidence. The main media have dropped it except for one. And the brits have the free money band wagon and keeping stocks at near record levels. Yes, Varney Company is out to begin. Trump wants to cut taxes for the super rich. [booing] well, were not going there, my friends. Im telling you right now, were going to write fairer rules for the middle class and we are going to raise taxes on the middle class whoa, did you catch that . That was Hillary Clinton on monday. Now, whether or not she misspoke or she actually means what she said about rising taxes on the middle class, i dont know, but the media certainly missed it, got it . And here
Couple as, quote, supporters of the group but did not claim responsibility for the attack. Joining me now to discuss the developments is congressman eric swa swalwell. Welcome. Thank you. From what you have been told, is this an isis inspired attack . Ive been briefed twice on this. When you look at the travel of the couple, when you look at the contact they had with suspected terrorists, when you look at the arsenal of weapons they had and the fact that a message of support to isis was posted before the attack, all of the arrows point to terrorism. This couple was not on a watch list or on the radar of law enforcement. What does this say about the governments ability to track down these types of people and prevent such attacks in the u. S. . Its concerning. When you look at the paris attacks, those individuals were on the french governments watch list. Here, however, it shows that isis is so influential these days that they dont even have to order attacks. Their success is inspiring t
Couple as, quote, supporters of the group but did not claim responsibility for the attack. Joining me now to discuss the developments is congressman eric swa swalwell. Welcome. Thank you. From what you have been told, is this an isis inspired attack . Ive been briefed twice on this. When you look at the travel of the couple, when you look at the contact they had with suspected terrorists, when you look at the arsenal of weapons they had and the fact that a message of support to isis was posted before the attack, all of the arrows point to terrorism. This couple was not on a watch list or on the radar of law enforcement. What does this say about the governments ability to track down these types of people and prevent such attacks in the u. S. . Its concerning. When you look at the paris attacks, those individuals were on the french governments watch list. Here, however, it shows that isis is so influential these days that they dont even have to order attacks. Their success is inspiring t