Talking about what is happening with the coronavirus and appointing Vice President pence. As he was speaking, one of the cases of unknown origin that happened in europe as predicted if you look at the treasury now, you see the 10year is yielding 1. 297 . Not negative yet. President trump speaking about preparations last night. We are very, very ready for this whether it is going to be a break out of larger proportions or whether or not we are at that very low level and we want to keep it that way he has tasked Vice President mike pence he also addressed the market response i think the stock market will recover. The economy is strong, consumers are incredible thats why we are doing well and other countries are not even before the virus our consume rp is very, very strong very powerful economically. And the president put some of the response of the dow to the democratic convection. Are you suggesting Financial Markets are overreacting here . I think Financial Markets are very upset when
You must be 68 because im 66 thats tom cruise talking ive been told we have to interrupt this briefly to get to walmart numbers which have just crossed. Walmart is out with Fourth Quarter and full year earnings 1. 38 adjusted versus estimate of 1. 43 141. 67 billion. Analysts expecting 142. 488 billion. The majority of stores in chile have been disrupted and some totally destroyed. Theyll be holding an investor day discussing this more in depth. Shares are down 2 in early going. In u. S. Comparable growth streak does continue 1. 9 also below analyst expectation of 2. 3 for the quarter. U. S. E commerce net sales grew 35 . Coming year expectations to grow at least 30 speaking with the cfo, quote, the quarter started off and ended strong despite softness in some categories like media and gaming on the coronavirus, they are monstering the situation and focused on the safety and wellbeing of customers and associates he says sales are still okay the fear is mixed towards food walmart is not
Reflects and builds upon the economic policies of this president which have unleashed one of the most powerful economies in american history. Unemployment is down across the board. People are coming back into the work force. Wages are rising. Pensions and College Savings accounts are growing. This budget continues these economic policies and once again provides a path for enduring economic expansion by tacking the very real problem of deficits in our nations debt. The plan offered today proposes to balance the budget within 15 years by proposing more deficit reduction, 4. 6 trillion, than any president in history. Under this budget, of trillion dollar deficits as far as the eye can see will be reduced to 261 billion in 2030 with a surplus in 2035. Debt as a percentage of gdp currently at 81 and projected to grow to 100 within ten years will drop to 66 by the end of the tenyear window. But this budget is not a green eye shades budget. It Funds National priorities that this administratio
Yielding back below 1. 6 and below at 1. 957 well get january retail data coming up at 10 30 eastern time expecting an increase of 0. 3 . February read on Consumer Sentiment due after the opening bell bit of a light day on earnings well hear from Canopy Growth. See how high they go joe is giving me a look. Leisman is writing your jokes now . Astrazeneca ceo joins us live we start with coronavirus and viral video. I want a new name. It is in all of our minds now. Those numbers, 17,000. Well have azar on today i dont think it is surprising i think we thought for a long time it was really underreported or unable to track the things ill ask alex later is what i asked the gentleman yesterday heading up some of the efforts in new york city, are we preparing for testing people if it comes to that . I dont want to think it will come to that because it will mean in this country we need to test people. I hope it doesnt. The official from here in new york city, i didnt like his answer get test ki
Growth. Late on the program, ill be asking larry kudlow why is this happening in a fullyemployed economy. Thats jobs and now the markets. Here it comes, 29,000, the dow may hit that mark today. Yes, the astonishing market rally has taken us up 11,000 points on the dow, since the election, of donald j. Trump and the value of American Business has gone up 12. 8 trillion since he was elected. A few minutes from now the market opens and well see the dow go up just a little bit more , maybe 20 points up, s p up maybe 6 and a 30 point gain for the nasdac composite. One more story and its dramatic satellite and intelligence reports show the plane that crashed into iran was taken down by a missile. It was not mechanical failure or engine trouble. The plane was shot down. Canadas trudeau says it may have been done accidentally. 63 canadians were on board. Varney company, the friday edition, is about to begin. President trump when im thrilled to hold the first rally of 2020 right here, in the gr