Yes, it is now a consumerdriven economy. We do want to alert you to new protests in hong kong. Nothing major so far but its just 9 00 at night over there and protests generally pick up steam in the hours before midnight. We cover this because these protests are a wild card in the china trade talks. They could affect our market and because we respect the courage of those youngsters demanding freedom. Now this. There you go. Which is the real Elizabeth Warren . Take a long, hard look. I couldnt tell but we will let you know who is who on the show a little later today. And watch this. This is another internet optical illusion. Take a long hard look at this one. Is that a bird or a bunny . Be quiet, ash. To me, its clear. But our production crew was split. How unusual. We have a big show and its on its way for you. Varney company is about to begin. I am the chosen one. Somebody had to do it so im taking on china. Im taking on china on trade and you know what . Were winning. Because were th
Thatwould be julie would be one of the many superlatives we have had. The s p 500 earlier touched 2600 and it is nearly at that level. What is curious and interesting is that once again, these gains are coming on no particular catalyst. We have a holiday shortened trading week. We have got this big surge in stocks, technology in particular doing well. This is evidenced by the upsurge in the nasdaq. We also have some earnings reports to chew on. We have got two food related earnings, going in decidedly opposite directions. Hormel foods out with sales that beat analyst estimates, but on the flipside is campbell soup, a decline of more than 7 , the most in a single day in nine years. A cut their annual profit forecast. It is hurt by an ongoing dispute with walmart. Basically, walmart is saying it has been cutting its inventory of campbells. That is taking a toll on the company. I mentioned Technology Shares doing well today. We have some analysts and other types of commentary. Marvell Tec
With breakingt news that cost the terminal, President Trump spoke via telephone with the Vladimir Putin, what is the latest . Oliver Vladimir Putin just met with the president of syria, so that is what he has on his mind when he wanted to talk about. They wanted to talk about how to get a diplomatic solution to the ongoing war in syria with mass casualties. Obviously, president putin is in line with the president of syria. President trump fired missiles into syria as he does not like what theyre doing, but they are hoping their relationship can read to some kind of diplomatic option. They also talked about ukraine, iran and afghanistan, according to the white house, but that is the top topic they were focused on. Andry president putin President Trump in the sidelines of that summit in vienna. Lets turn to that at t and time warner deal. It is pretty rare when it does not involve direct competitors, why are we seeing this now . If you ask critics, they will tell you they believe that in
Oneman come in three of have gone public. Its indeed a delusion, it is not over. We will ask what is the appropriate punishment. Blockbuster news on the merger front. Justice department sues to at t and time warner. Many lawyers say justice doesnt have much of a case. Others say it is political. President trump doesnt like cnn owned by time warner. Look at this. Here comes another rally. Stocks going up triple digits at the opening bell. Some very strong economic indicators. Maybe a Strong Economy moving the market rather than hope for a tax cut. What a day. Big names accused, big rally on the way. Again, and Varney Company about to begin. The big outrage in washington is not Sexual Harassment. It is an old story. The big outrage is that we taxpayers are paying the bill for the settlement payment, the hush money to protect these bigtime harassers on capitol hill and that is what got been stopped. Until you had harassers from both parties and their wallet because thats where it really h
It goes downhill from there. That is clear political bias, contempt for the President Trump inside the investigation. Today we will pill back the layers of the story. You will see the deep state of work. Now look at this pivot 99 of the vote counted, Democrat Doug Jones at wheaton republican roy moore in the Alabama Senate race. A defeat for President Trump for backward more. It is a defeat for the Republican Party which will have a slim 5149 majority in the senate. Democrats much stronger than the 2018 elections. This one affects the compromise on taxes. A corporate rate of 21 and a top individual rate of 37 . Given the alabama result, the republicans very quickly. Money looking at a market that will open flat to slightly higher through the focus on tax cuts in getting the deal done quickly. The president make his final pitch this afternoon. Varney company is about to begin. Well, talk about a political bombshell. Here it is printed text between peter strzok and lisa paige obtained by