It is time for a wealth tax in america ive heard there are some billionaires who doesnt support this plan. Theville ville ification of billionaires makes no sense to me she probably thinks more about cataclysmic change to the Economic System as opposed to tinkering. Lloyd blankfein responded on twitter. I can watch that over and over again where were you when you first saw that i was kind of brushing my teeth in the morning where i normally watch the channel i was surprised and flattered to think that i could play such an Important Role in the president ial campaign. Were you angry . No, i wasnt angry. Im a little bit staggered that it gotten to this point of kind of name calling. How provocative was my statement that i would tinker with the Financial System and i wouldnt explode it and that becomes in this kind of polarized world, thats a very radical statement to say you wouldnt blow up the best financial and Economic System in the world. Let me read from your tweet, if i may you say
Stunner. A landslide electoral victory for the Pro Democracy Movement has asian markets soaring as a smashing success elon musk taking a victory lap as preorders for teslas cyber truck come rolling in. Worldwide exchange begins right now. Good morning and welcome to the show im dominic chu in for Brian Sullivan its monday, november 25th, 2019 your deal of the day lvmh buying tiffany for 135 per share in cash after weeks of speculation, much more on that deal coming up but as you can see here, both stocks reacting well stock futures incaindicating the dow will open up by 80 some points this after handing in its first worst Weekly Performance since around early october, but again the dow jones had opened up by 88 points. The s p by about 10 and the nasdaq by 32 if these gains hold into the opening bell for regular cash equities trading. With regard to the bond market, look at that as well we are seeing a bit of movement there to the upside for yields the ten year note yield 1. 75 note yi
Next week getting results from walmart and jcpenney then kicking into high gear barreling toward black friday. Is there a giant moment of truth for the consumer. Everybody says about the healthy of the consumer. Never underestimate the u. S. Consumer want to spend doesnt mean they should be spending they have jobs thats great as long as the stock market goes higher every day whether people have a dollar or not in it they will spend money because they feel the economy is doing better thats the calculus i make with the alltime high in the stock market i think the consumer continues to spend doesnt mean some of the stocks are going higher but the consumer will spend. If you want to play the stocks, i think in the next thursday a name like nordstroms which had great trading ranges over the last couple of years, yes its bounced off the low but you have a huge Short Interest, reasonable valuation and we find ourselves time and time again in in environment these big Short Interest retailers t
[ applause ] i want to help you make some money. Are you ready . [ applause ] they secure our skies with a commitment to the shared ideals that bind us as americans. Now mad money takes flight to help give them the tools to secure their financial future. A place where the sky was never the limit. Where falcons fly. This is life at a different altitude we are here to celebrate those who fly, fight, win. From the United States air force academy, mile high, mad money begins now lets fly [ applause ] this year were getting a head start on veterans day the United States air force academy in Colorado Springs. We salute the brave men and women in the armed forces who protect our country. These people right here will go on to be natural leaders with a passion for keeping our nation safe and passion is a terrific thing. I met people who have a passion for jirumping out of airplanes. I declined we thank them for all they do. Now passion comes in all shapes and size ssizes. Cra americans know abo
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, folks. Classic happy birthday in honor of fox business. Its our twelfth anniversary. The Network Launched 12 years ago today. Golly, time flies. We are of course thankful