I guess investors liked what they saw the dow is going to be up what maybe 80 points after whopping great gang in last two days same story with the s p up about a third of one percent. The nasdaq is going to be up a quarter of one percent. As of now by the way all three within a breath all time record highs. The political news of the day, my opinion good news for democrats howard shuttle starbucks billionaire will not run for the presidency so antitrump volt will not be split and it will be a straightforward election between mr. Trump and the left. On todays show is america the best performing economy . Will the market hit new highs were very close and yes, larry kudlow with the view from the white house. Varney company is about to begin. Yes we will have more on jobs report in just a moment hold on few birse former starbucks ceo howard shuttle will not run for the presidency he had a statement what did he say . Here request this is what he said, quote, not enough people today are will
Is that the way to play this thing or are we getting to the point that it is getting over done . I am not a buyer yet, recovering some shorts if that is what you do, i get some recent support levels. The problem is where stocks are a big air pocket down to levels of 2018 in the s p futures, below 2000, that has me concerned. Im not pressing shorts here. The fear is over done and for me that will shift was one thing that has me worried is big moves in the oil and the yen. When big moves happened they cluster together. Charles why is a strong yen, one of the big correlations, why did that hurt the market so much . Bigger reason is psychological, it shows Monetary Policy lost its efficacy, at the end of january, drastically eased, the yen instead of going down went up in their face confused investors, and a lot of credibility issues. Charles the script after yesterdays fomc meeting down 200 points. On the other side of the equation, gold going very well, oil has done that quickly. Six day
In selma. Congressman lewis passed away last week of bank pancreatic ca, he was 80 years old in addition to his more than three decades in washington, lewis was a giant of the civil rights movement. Famously led a march from selma site of the memorial across the ed monobridge to Montgomery Alabama for Voting Rights in 1965. After police descended on march percent dozens of them injured including lewis himself he suffered a fractured skull. And we have Live Team Coverage of tonights memorial. Well discuss john lewiss life and powerful legacy with Eleanor Holmes norton and dr. Taryn who was once an intern for congressman lewis but we first begin with first steve [inaudible conversations] reporter just really a stunning picture here when you think about the history involved. Weve just seen the coffin of john lewis being taken into the church here by a military honor guard. It was 55 years ago, just a short distance from here on bridge when he was leading 600 nonviolent protesters they wer
Itll be like a visit to a parallel universe where there isnt a virulent chaos agent running the federal government of the most powerful nation on earth. But that is what weve got. And while hes still there on nights like this, we throw out what we planned to talk about and we roll with the punches. So, here comes the wave of pardons. That is what is happening starting tonight. And i suppose this is right on time. I mean, with 29 days left until joe biden is sworn in as the next president of the United States, over the past 24 hours the president has met with a dozenish republican members of congress at the white house plotting their approach to try to sabotage the official counting of the electoral votes in congress on january 6th. The electoral votes that will officially make joe biden the next president. The latest reporting is that the republicans meeting with the president , the president and his coconspirators, they think theyve got the one republican senator theyll need to go alo
President , over half a million troops had been based in saudi arabia. Saudi bases were the launching pad for attacks to defend kuwait against the forces of hussain. Saddam hussein. After the first gulf war was over, thousands of troops stayed on those saudi bases thereafter. But in 2003, less than two years after 9 11, saudi government asked, and the u. S. Government acceded and handed over the keys to the Prince Sultan air base, that base that had hosted tens, even hundreds of thousands of u. S. Troops. Where the United States decided to move its big, new, Permanent Air base in that part of the world was out of saudi arabia after 9 11 and instead into the nation of qatar. The air base in qatar is now the home of centcom. Its where u. S. Central command is based. There are thousands of u. S. Troops there at any one time. And it is not in a war zone, but their is the permanent site of u. S. Military headquarters for the middle east. Qatar. Qatar is a small country, its a very rich coun