just breaking in the last hour, youtube launching a new gaming app. we ll bring you the details how this could help google take on amazon. a move to the down side after yesterday s gains. today we have ron weiner and rick santelli. welcome to all of you. kenny, let me begin with you. what are traders saying why we are seeing the dow down 167 points? i don t think anyone is surprised. the move wednesday, that explosive move up from where we had been testing lower came on the back of more rumor about greece. the fact we are getting another, not so much a rumor but news makes perfect sense money would be coming back off the table as people position themselves ahead of the weekend. as welles a next week when the fed comes out with their statement wednesday. rick, you ll love this. got the fed meeting next week. what s the more likely yield on the 10 year by the end of next week? 2.30% or 2.50%? i ll stick with 2.50%. i have to say you know what judge? i want to put an
bank wars of the 1830 s. class is about 55 minutes. good morning everybody, and welcome to american history. my name is jonathan barth. you all know me as professor barth. i am a history professor at arizona state university, in conjunction with two stellar, world-class programs, and there they are on the screen. the school of historical, philosophical, and religious studies, great program. and then also the center for political thought and leadership, another stellar program if this lecture intrigues you. you should check out our center. we are doing some big things. if you are interested in in learning more about yours truly, www.professorbarth.com, you can read about me on that website. a generation of politicians have passed. alexander hamilton died in a duel in 1804. james madison, pictured on the right, retired from politics and dies in 1836. john adams and thomas jefferson die on the same day, july 4, 1826, 50 years to the day of the signing of the declaration of ind
steady today, near their highs of the session. look at the refiners in particular. ofre is a shutdown refineries in the caribbean because of hurricane matthew. we have oil prices higher as well with that inventories report that vonnie alluded to. we ve been watching department stores as well today. sales may grow at a faster pace than last year because of rising wages, because of a stronger job market. increase in spending during the holidays come excluding things like gasoline and restaurant sales. you have retailers higher today. wheat also been looking at today. wheat investors are focused on where to hide. end,ycle is going to rising yields and the treasury market not helping these guys. coming full circle back to the hurricane, lumber futures up 1% inay as a lot of folks florida battened down the hatches here in anticipation. lumber prices going higher. david: thank you very much. let s check in on the first word news this afternoon. her: hillary clinton at washington ho
and elizabeth warren, vp rumors are swirling. can she satisfy the bernie supporters? we shall find out. donald trump, he ll take center stage, meeting with evangelicals today and giving an anti-hillary speech on monday. and then we have this, bill o reilly says that trump will win the election if it comes down to the economy. where have we heard that before? a big day for politics and your money, we ll get to the money stuff, of course, varney & company about to begin. and we will get to the politics. you can be sure of that. but let s begin with your money. it looks like lower open for stocks in the european markets and down across the board and, wow, a triple digit loss at the open. part of the oil that was below $50 a barrel, down 1 1/2%, a strong dollar hurting oil. now, let s take a look at tesla, possible suspension problems with the model s we hear. the feds are looking into it. there are reports that tesla is maybe being sneaky with customers, we ll have more
[cheers and applause] i am a new yorker and i know a con when i see one. he has got a way of saying the same two words every time he makes his biggest hugest promises. believe me, it is going to be great, believe me. we are going to build a wall and make mexico pay for it, believe me. we are going to destroy isis so fast, believe me. there is nothing suspicious in my tax returns, believe me. he is not offering any real solutions to those issues. just offering slogans and he is offering fear. he is betting that if he scares enough people, he might score just enough votes to win this election. and that is another path that donald trump will lose. donald trump tweeting out country does not feel great already. to millions of wonderful people living in poverty, violence and despair, president obama spoke about a world that doesn t exist, 70% of people think our country is going in the wrong direction. so many struggles out there. this rosy picture democrats are painting, doe