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Maria big show this morning, fox business dagen mcdowell, kings view asset chief Investment Officer scott martin is here and forbes media chairman, former republican president ial candidate, steve forbes. Market will not quit, futures pulling back, once again, what a month, we are coming off best performance since june, dagen. Dagen ive said this, Central Banks around the globe, markets have wind at the backs, if you look at fund manager cash levels plunge, the largest monthly drop in 3 years in the month of november, stock allocations have gotten higher, wall street journal writing about this this week and then the rolling 12month global total for Central Bank Purchase assets to hit 1 trillion, steve is cringing, steve is on fire that im talking about this, it is important to note that despite some of the nega ....
Well, tha a big question a big meeting on capitol hill tomorrow may give us some answers perhaps the fist big test of the new year will come from iran. Deadly empty government protest there, least 20 people reported dead calling those protesters, quote, enemies of iran. Big day, of course, as we kick off a new year 218 is here and Varney Company is about to begin. Well, have you noticed unless you live in very southern, florida or out on west side in california it is freezing outside frigid temperatures continue to grip wide swaft of the country from pink and purples youre in deep purple youre in deep cold. Heres that weather map where windchills bundle up we mean that is obvious isnt it and snowstorm by the way, is brewing we are told off the atlantic coast. And if it it pushes east it could be a major storm up and down i95 corridor, oh boy looking forward to that. Or more for us on that, potential storm about three minuteses fro ....
U. S. Equity futures this hour, lets show you whats going on, suggesting a flat open s p opening lower 1 1 2 points, the dow slightly lower and the nasdaq lower by four overnight in asia, quiet session around the world, generally. Hang seng higher over 1. 5 , but t shanghai was lower european equities. The dax is higher by 0. 25 france and the ftse slightly lower. Italys higher by a third and spain is lower by 0. 25 . Their yields are backing up over there once again that has resumed take a look at crude wtis lower by 20 cents, a decline of 0. 5 , 44. 15. If youd like crude delivered in august pepsico just out with Quarterly Results. Sara eisen has the numbers 10 cents above on earnings, i see, sara. Sure looks like a big beat. Eps 1. 50, versus the 1. 40 expected it includes a 6cent gain from a sale, but its an estimate, so its unclear whether that factored into the analyst forecast, but either way, a beat on the profit line, ....
And we also want to welcome our guests for this hour joining us this morning from londons Nyu Stern School of business professor Scott Galloway and from one markets, cofounder Kate Mitchell were watching shares of amazon. 14 hours into prime day. 14 hours into prime day. The company is saying the echo is the best per foming bestselling item for the day. Marked down by 50 its not just amazon were seeing deals across ebay and best buy mark things like ipads, lap tops, smart watches down by 47 . Lost the script. There kate, when it comes to amazon, is there a point at which the sort of dominance of u. S. Retail sales and disruption of the brickandmortar Retail Business stalls out . Well, its hard to see in a day like today i mean, these guys continue to impress me an ....