Now investors, well, they like all of this, apparently, new records for stocks across the board yesterday and those high levels will be held this morning. No retreat maybe a marginal gain again. The improving vote count for tax cuts does go down well on wall street. Theres another huge black eye for uber, they were hacked. Information on 57 million customers got out, uber delayed a year before telling the world and they spent a 100,000 bucks to keep it quiet for so long, thats not good. As you can tell, we cover it all, Varney Company is about to begin. Dote, wait up. You have to stay with me, boy. You dont know where we are. Stuart well that is the latest, it is a blockbuster from pixar, its called coco and being released today, however, the chief creative officer at pixar studios john is taking a leave of absence amid Sexual Harassment allegations. Does this mean the next pixar movies will not have the creative impact . Ashley that could be the case. If its long term, the could have
President will go on diplomatic offense. And as he speaks, by the way, the North Koreans will be sitting right flofnts him. What will they do . The movement here at Home Senate Republicans want to include one and a half trillion dollars with a tax cuts in the budget that would be progress for tax reform and or for the president s growth agenda. Now look at this. Stocks will open up again okay not much many maybe ten or 11 points will you theyll be up at the opening bell. Its the Federal Reserve along with tax cuts. The fed is also part of this rally the market is saying, Interest Rates will will stay low. Stay there please you will see the president in front of the World Leaders and you will see where are money grow history unfolding. Varney company is about to begin. Stuart uhoh Hurricane Maria slams the caribbean as a, quote, potentially catastrophic category 5 storm. It is forecast to move northward for next couple of days hurricane warning has been issued for puerto rico look like
Holiday. The president bushed hard for it last night and middleclass tax cut that would put 4,000 into the pockets of middleclass families. One more for you. The Justice Department is confronting 7 sanctuary cities, obey federal law or lose federal funds. Last chance. With all these policy statements, whats going on with your money . Stocks will open slightly lower. Lets not forget after hitting the 56th record on wednesday the dow is just 127 points away from 23,000. We say it every day, could you believe this . Varney company is about to begin. Stuart the news from Northern California is grim, the fire still rage through wine country. 23 now dead. 3,500 homes and businesses damaged and the fire has burned, now 170,000 acres, its a very human tragedy. The fires concentrated around the vineyards. Ashley, do we have any handle of the Wine Industry . Extremely difficult to figure out what damage has been done to wineries. Two things, theres the wineries and vineyards, five win ris, the b
Interview Steve Mnuchin. When he talks about a 1year delay in the business taxcut investors sold. That was the dip in stock price and. Are you buying it . Apparently not yet. The dow will open lower again. Where it closes we dont know but as of now the buyers have yet to return insignificant force. Donald trump is in vietnam, trade is the focus, tough talk, america will not enter large agreements the tie our hands. He wants fair and equal trade deals. Friday, november 10th, we honor our veterans, varney and company is about to begin. Oh oh, slacks for the tax reform vote. Allegations of Sexual Assault against roy moore, the republican nominee for senate seat in alabama under a cloud before the december 12th special election. Jury deliberations in the trial of new jersey senator Robert Mendez will have to start over keeping them away from the senate for a long time. It really complicates the tax reform vote or seems to me it does. Liz the senate could invoke a constitutional section tha
Obamacare and keep the government open plan includes new domestic spending, all of this contrary to President Trumps election promises and the Republican Party is still divided on taxes and theyre still several votes short of agreement on Health Care Reform. Despite winning the house, the senate, the white house, the republicans cannot get anything done. Thats the current state of politics. On the money front, its all about these guys, the fabulous five. They are sucking in all the money. Theyre all at record highs while the rest of the market remains fairly flat and today, speculation what apple will do with that, a quarter trillion mountain of cash. Thats all there is speculation with a shareholder dividend. Divisive politics and really big money, thats what we have for you today. Varney company is about to begin. Thats america today, more than 40 arrests were made on may day, that was yesterday, of course. Tens of thousands across the country took part in violent antitrump demonstra