republicans, presumably with input from both the president s lawyers as well as the house impeachment managers. john, this is an open and shut case. we all have heard the president s inflammatory rhetoric throughout the duration of the final few months of his presidency. we all know that the president lied about the election, said that it was stolen from him, held stop the steal rallies, perpetrated the big lie that resulted in the mob coming to washington, which he summoned. he then enflamed and incited the mob and then directed them to march on the capitol and we saw what happened with deadly consequences of violent attacks on the citadel of our democracy you say say it s an open and shut case. i know you have been speaking with the current house managers, talking to them about europe experience. what have they told you or what information do you have whether they will call witnesses to make that open and shut case as you just described? well, don t make that ultimate
the new york newsroom. blake, we start with you with the latest from the president. reporter: the latest is about an hour away, connell. we re set to hear once again from president trump, he will be once again bringing back the coronavirus briefings for the first time in many, many weeks. the brief from the white house is they say that the president will be talking about medical advances and the look ahead. that is why they say these are coming back. however when you hear from the top democrat in the senate, there is much different story as chuck schumer said today, these briefings shouldn t happen at all. these are going to be short briefings of the president mainly delivering information to the american people that is needed on therapeutics and vaccines. president trump should not take the podium. every time president trump takes the podium at one of these briefings he is a threat to public health. reporter: up on the hill earlier today senate majority leader mitch mcco
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 that chan
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 pop y
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. trish: