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The first model 3 built in china rolling off the Assembly Line and elon musk tells his employees quote, pay no attention to the stock price, unquote. Im Ashley Webster in for stuart. Varney company about to begin. Ashley lets take a look at the gains for the major averages this year. Wow, oh, wow. The nasdaq, 35 . The dow, 22 . The s p, a mere 29. 25 . Joining us now, market watcher keith fitzgerald. Fitz, for big gains for next year . What do you say . Why not . Oh, i think weve got all the right things in play. Weve got record consumer confidence, great economics, companies growing. This is a great time to be alive and be an investor. There is always a possibility of shortterm correction but you know what, even a busted clock is right twice a day. Ashley more and more of those socalled experts are calling for that correction. Ten, maybe 20 . Whats going to trigger that . Wel ....
How that turns out and beijings reaction to it may well have an impact on our market today. We will show you that protest. Second, that recession signal, the inverted yield curve, well, as you can see, it is no longer inverted. The tenyear yields more than the twoyear, the way it ought to be. But i want to show you this. Money is pouring into americas 30year bond. Its yield has dropped below 2 again. Why . Well, germanys bond has reached yet another new low, negative yield, minus. 7 . Really crazy stuff. All right. You may think this is a crazy headline, too. President trump, according to the wall street journal has suggested america buy greenland. Varney company is about to begin. No, i think the longer the trade war goes on, the weaker china gets and the stronger we get. Were taking in massive amounts of money, billions and billions of dollars, as you know, and i think the longer it goes, the stronger we get. I have a feeling its going to go fairly short. Chinas lost millions of jobs ....
Individual stocks literally minutes from now. All right. Watch out, google. Peter thiel is coming after you and so is the president. Thiel appeared with Tucker Carlson last night. He wants the fbi and cia to investigate. He implies google is a National Security threat. He thinks china wants to infiltrate googles Artificial Intelligence operation. He offered no evidence of that infiltration. Now, thiel is a very powerful man and the president has been listening. About investigating the company, the president tweeted the administration will take a look. Googles stock this morning, this tuesday morning, premarket, down eight bucks at 1142. Watch out facebook and its libra currency. The treasury secretary has quote, very serious concerns about its use by terrorist financiers and drug dealers. Theres a hearing abo ....
Think . This is interesting because the economy has been pretty stellar since the president has been in office. This isnt anything new. I think that, like you said, it is, the poll numbers are now catching up to this but it is interesting to be watching, still very early ahead of 2020 which is a lot of people are looking to these poll numbers for a lot of people close to the president s Reelection Campaign and those working to get him reelected tell me that the economy is the big key here. Theyre worried if anything changes in the economy, that could be a key thing, a key factor ahead of the election. Neil for now, it does, still have him on defense, Strong Economy or not, when it comes to oneonone matches. You point out to me, quite right saying, so, very early in the process. Early on is he not benefiting as much as you would think an incumbent president presiding over ....
Swearing in. The native wins the foot race. Strengthened this championship game. Heather the Clemson Tigers claw their way to gridiron greatness with a win over the crimson tide. Fox and friends first starts right now. Shannon and journey, do not ever stop believing. You are watching fox and friends first on tuesday morning. Thank you for starting the day with us and it is going to be a busy one. Donald trump taking his message of the southern border wall to prime time tonight. Is addressed to america comes two days before he plans to head to texas. Griff jenkins joins us with how the democrats are demanding equal airtime with no deal insight. Never going to stop believing but this is important to watch for, the first time he will address the nation from the oval office, a location reserved for the most serious issues bypass president s, a clear indication he believes this rises to that level, democrats have their own demands. Chu ....