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Heres the jargon, the yield curve inversion. This is fed day and a very big day. In advance of the official word on rates, stocks have been all over the place this morning, up and down, moment to moment. Right now we are looking like a loss of maybe 112 points for the dow and down 45 on the nasdaq. This is whats hitting the market, china. China says it will impose 5 to 10 tariffs on 75 billion worth of u. S. Goods. That is obviously a negative for china trade. Its escalation and therefore, bad for the market. Elsewhere, later today, the president leaves for france for the g7 summit. Interest rates and trade will surely come up there. They are gearing up for more big protests in hong kong. Were on it. And just wait until you hear what larry kudlow says about tax cuts. Lets get going. Varney company is about to begin. Weve negotiated with them, weve tried to move the football. They have backed away and we have taken measures through all of that time, weve had a very strong economy, weve ....
The greatest presidency that weve seen not only in generation maybe ever. Paul ryan just said how good was that eh. Good morning. Define good. You could just give maybe good for erdogan or putin. Or trump. I do think, mika, that most autocrats and im really serious. Thank you. Most autocrats around the world would be embarrassed to have so many people fawning over them in public like that. You looked at what mike pence said in the cabinet room also, im really serious here, you wonder, of course, it was such a gross display that of course donald trump as donald trump always does gets in his way of a successful day for the Republican Party, for himself and for the biggest corporations in the world. But he didnt force all those people to say that, my god. They knew that just like the saudis and foreign leaders know, the price of admission is sucking up and treating him like hes the most insecure autocrat on the globe, but i wonder ....
Ask why is turkey still a member of nato? that s enis cantor. he s been critical of erdogan. now that he s in the united states, he supports the opposition there, one of the opposition leaders in turkey, and now erdogan has called for the jailing of him. they threatened to jail cantor s father at home because of cantor s remarks on twitter. they forced cantor s father to write a letter and publicly denounce his son. cantor was defind yesterday and rolled his eyes. they re trying to arrest, turkey is trying to arrest the center for the new york knicks for being critical of erdogan in twitter. and that s someone donald trump admires? right. that and putin. he admires their leadership and power. and this is something flynn is accused of. ....
building. last time, they burned turned off the lights for four, five days and this time, i m turning it off permanently. next time the video tors on, i will be shooting. that is what they get, that is my target and that is the military building. it s going to be in tact. the fbi said that agents found in malaku s clos the a list of materials necessary to make a bomb including a nine-volt battery, battery connector, wire, electrical tape, a digital kitchen countdown timer, lead lights and transistor. despite all found, the fbi is unsure of what malaku was up to. and i can t suggest to you his motivations or intent and why he progressioned from one intent to the other and that is not apparent yet. reporter: inside the marine reserve of the backpack, the fbi said that agents found numerous shell casings and four ziploc bags and a spiral notebook with numerous arabic statements representing the taliban, alicade a osama bin laden, the path to jihad and defeat coalitio ....