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The trade fight drags on, theres going to be a recession by next summer. Right before the election. Both sides have dug in. All signs point to a lengthy fight. Thats that. Now the market. Following that huge selloff, we have a modest comeback this morning. Down 767 yesterday, maybe back up 100, 200 for the dow at the open this morning. The s p was down, what, 2. 5 yesterday. Its coming back this morning, less than 1 . The nasdaq which was down 3. 5 yesterday, back up 1 this morning. This is not a robust rebound so far. Modest, at best. Check Interest Rates. The yield on the tenyear treasury this morning coming in at 1. 75 . By the way, more rate cuts likely coming from the fed this year and rates in europe are still heading south. Hard to believe. Hardly any government over there pays any interest at all. As for the flight to safety, the price of gold this morning at 1478, up another couple of bucks. Oil, not calling that a flight ....
strong profits, signals pointing toward accelerating growth in the future. bull run continues, we are up another 100 on the dow at the opening bell. in new hampshire the voting began a couple of hours ago, bernie leads in lay pots, mayor pete right behind, warren and biden fading fast, by the way, 3 of the 5 votes in dicksville wrote it in bloomberg. right last night in new hampshire it was trump unlearned, why not? more positive than ever on our economic future, if he was ever mr. nice guy, he shouldn t be now. varney & company is about to begin. we have the best economy than we ve ever had, with your help we will defeat radical, socialist democrats, we are going to win new hampshire in a landslide. stuart: that was mr. trump last night, he s tweeting something very similar, read it on your screens, best usa economy in history, now look at this, it s a gallup poll, 59% say they are better off now financially than last year, better 74% thinks things will get bet ....
s&p up eight the nasdaq 16-point that lead is beginning to narrow a little. it still seems like this market just wants to go up. you re going to be hearing a lot from the president today. he s already spoken to the national prayer roughest. twelve noon, the president response to his acquittal on the impeachment charges. his writing height. the economy is booming. the democrats depressed by the iowa debacle. a very we could turn out there. and the dismal fourth-place finish for joe biden, not good for him either. pelosi rip up, it s not going away. what will the president say today. i don t know. maybe the president will rip up the articles of impeachment. the company is about to begin. marnie and company. varney: that was at the prayer breakfast. there he is god the newspapers impeachment and he has been acquitted. noon eastern, we will get the official presidential victor at least that is what we are expecting. much more on that as we walk up towards that throughout to ....