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we ll explain. the nasdaq is closing in on all time high. the 33rd record high of the year. it s only may. that s the most since 1999 for the index. now the nasdaq is the most crowded trade, at least according to banc of america, a new survey of global fund manager. 26% of those surveyed are long the index. the tech giant continues to dominate, am son, netflix, google. hedge funds are piling into the big names too in the first quarter. even steve eisman said he is long facebook andmazon. is the tech room more crowded or more room to run? i think there s more room to run. you look at the technology stocks, whether it s the apple, microsoft, you go down the list. you start to look at these companies, some of them are a little higher. i think we have to reprice or how we look at these companies in terms of what the valuation really should be. are they valued as this kind of a company or that kind of a company? as they move to cloud and other areas of growth, i think tha ....
mcconnell wants the tax cut to be revenue neutral and don t add to the debt. that would surely slow down the effort. and now to the farce, the clinton campaign manager believes the election was rigged by russian meddling and wants to overturn the vote and undermine trump s presidency. trump himself, well, three top jobs filled today and he s off on another leg of his thank you tour. varney & company is about to begin. well, i m going to call it the trump can-do cabinet and it s coming together. rick perry will need the energy department. rex tillerson s the secretary of state s job. the announcement with a typical tweets. i ve chosen one of the truly great business leaders of the world, rex tillerson, exxonmobil to be secretary of state. the president-elect added his third goldman sachs executive to the administration. goldman s president gary cone, the economic council. we ll have this shortly. the dow will have another higher opening. closer to 20,000. oil, a nice ....
meeting are waiting for additional information on the labor market and it says last meeting was a close call, got the november meeting in december meeting most analysts think december is the most likely time for the rate increase. trish: ashley webster joining us as well, we have jonas max ferris joining us from the wall street journal, fox here, first to you, you heard what peter said, feels as though the fed wants to have it both ways, they are just waiting on more data. talk about flip-flopping around, you could make the argument about raising rates or further evidence, either way the market is moving up a little bit now, doesn t sound like they are committed to that rate hike. there is a 70% chance they will go ahead in december and raise it but you raise some points, stacking the labor market is one of those issues they mentioned, well under the 2% goal. we are up 50 points was mo complaints from the fed. we talked about this for so long they continue to waffle. ....
tank. first, catholicism is slammed and then all of evangelical christianity. at one point john helflun writes about the church saying, it s an amazing bastardization of the faith. they must be attracted to the systematic thought and severely backwards gender relations. we re still waiting to hear the campaign s explanation for all of this. we ll be joined by thomas perkins, but we begin tonight with trace gallagher for the very latest on this breaking news live from our west coast newsroom. trace? meg, the indication from these bashing e-mails is rupert murdoch and robert thompson decided to raise their children catholic, not because of their religious beliefs, but rather for social and political benefits. robert halpin writes, quote, it s an amazing bastardization of the faith. they must be attracted to the systemic thought and severely backwards gender relations and must be totally unaware of christian democracy. top clinton aide podesto who is catholic didn t resp ....
tank. first, catholicism is slammed and then all of evangelical christianity. at one point john helflun writes about the church saying, it s an amazing bastardization of the faith. they must be attracted to the systematic thought and severely backwards gender relations. we re still waiting to hear the campaign s explanation for all of this. we ll be joined by thomas perkins, but we begin tonight with trace gallagher for the very latest on this breaking news live from our west coast newsroom. trace? meg, the indication from these bashing e-mails is rupert murdoch and robert thompson decided to raise their children catholic, not because of their religious beliefs, but rather for social and political benefits. robert halpin writes, quote, it s an amazing bastardization of the faith. they must be attracted to the systemic thought and severely backwards gender relations and must be totally unaware of christian democracy. top clinton aide podesto who is catholic didn t resp ....