Rich . Why do they always want you to pay more . Good morning, everyone, warren buffett, george soros, yes, theyre at it again. They want the estate tax to bite really hard. They want a much higher death tax and both are worth tens of billions and both have plans to avoid the tax they want to increase for everyone else. Both are obama supporters. However, gas prices down again. Were close to breaking below 3. 30 a gallon in some areas, its 2. 99. Ben is likely to keep on printing and the president likely to keep on spending. Lets ignore the runup in debt and watch the stock market rally. Thats whats happening. As Varney Company is to begin. And of course, were going to talk about this. You should know that axiron is here. The only underarm treatment for low t. Thats right, the one you apply to the underarm. Axiron is not for use in women or anyone younger than 1 axiron can transfer to others through direct contact. Women, especially those who are or who may become pregnant, and childre
Best january since 1997. That does it for us. Fast money at 5 00 will be all over how the market closes and Apple Earnings as well. Follow me on twitter. And keep watching power lunch because that show starts right now. Scott, thank you very much. We have breaking news in washington and on wall street today. Both having an impact on the other. Eamon jappl eamon javers and john harwood. But first, sue at the stock exchange. Hi, sue. Hi. We are not quite making history yet but there is a lost optimism as i talk to the guys on the floor. Were not that far off from historic highs. 90 minutes ago, the dow crossing the 2007 high which was 13,780. Right now the dow jones up 68 points at 13,781. The alltime high for the dow, 14,198. About 400 points away from that High Water Mark set in october of 07. So far this year, the dow is up 5 and thats only really about 14 trading days. Turning to the s p, more than 4 higher this year as well. That indaeks now just, give or take, about 75 point from i