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Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge hit. They cant make a profit at 30 bucks a barrel. 31. 89 right now. Look at this. Money pouring into treasury securities, pushing the yield way down to yet more record lows. Takes your breath away. We were down to 0. 31 at one stage. Now we are 0. 41 . Extraordinary. It has to be said, the United States is in a better position to weather this storm. That jobs report was a blockbuster. Look at italy. Its locking down a quarter of its populat ....
5. 9 trillion. The tax package, the driver right now getting closer and closer to a done deal. In the Senate Committee will be procedural motions, then 20 hours of debate, then the tax cut vote should be by friday. Believe it or not, it is possible senator mccain will pass the deciding vote. He killed obamacare repeal, will he kill tax cuts . We simply dont know. Will Claire Mccaskill vote yes . That too is possible especially after President Trump speaks in her home state of missouri today. He will say tax cuts, quote, poor rocket fuel on the economy. Just let missouri voters want to hear. Senator mccaskill is up for reelection. Have we got a show for you, including Nbcs Matt Lauer has been fired. Varney company is about to begin. This is truly a bomb show. N ....
Facebook guy, worth 42 billion, 9th richest in the world. A victory for technology and the sharing economy, new york backs away from restrictions on uber. And hes back Anthony Weiner hes got a job, consults on pr nightmares. Hes qualified. Varney company is about to begin. Here is something you dont see that often, right of Center People im going to call them conservative on this issue, taking to the streets by the thousands in times square to protest the iran nuke deal. Ashley webster is here. I dont think he was there last night. I was not, but we normally talk about the silent majority not the case this time. 8 to 12,000 people flooding into times square. I cant imagine the nightmare. It was organized by a group called stop iran now. And they loudly booed any mention of president obama or Hillary Clinton, basically th ....
Some entertainment. Roll the trump video, please. I dont care a toupee, its my hair. It is. Please, please. Yes, i believe it is. So the news media, anybody want by the way, theres more in there, but i dont want to report it. Hey, im just showing the stuff in the front. I dont have to go back. First out of the block, take a look where facebook will open today. About unchanged from yesterday, but its been a very big week for the stock and for the company. Please listen to this. On monday, one billion people logged on, thats a milestone, that means one in one day, one in every seven people on the planet were on facebook. Now this. Aljazeera reported that story like this. Six out of seven people did not use facebook on monday. [laughter] just sometimes. Look at the futures market. Well be down 120 odd points when the market opens, 28 minutes from now. But were at 16,500, a long way from where we were say on monday afternoon. Look at apple, they are the masters of hype and we will have mor ....
Investors love it. Second, profits. That is the baseline for stock prices. Latest reports from Big Companies show strong gains. Investors love it. Ibm stock going up a whopping 6 this morning. Thats huge. Third, the president is throwing everything in the tax cut fight. He kept up the with the speech in front of heritage foundation. The barnstorming continues. Trump growth agenda is rolling. You remember the leftists that forecast a crash when he was elected. How wrong can you be . The dow hit 67th record high since donald trump election. Capital gain is great. Watch this market grow. Varney company is about to begin. Lets give our country the best Christmas Present of all, massive tax relief. And speaking of christmas, yes . You want to hear it . [cheering] speaking, im talking about Christmas Present. I will give ....