Factors them out, and either way the markets continue to advance. Weve got market watcher heather with us and dow jones news wire editor glenn holm. Heather, lets begin with this expectation that were going the see the big tax cuts, and corporations particularly are going to be the biggest beneficiaries of the biggest tax cuts;s that is, taking the existing rate from 35 presumably to 20 . I guess the only detail is when it would take effect. What if they dont do what theyre expected to do . What if they dont pour it into equipment and jobs, etc. , but just into boosting their dividend . Things they can do, its their money sure. Neil what would fallout be of that . That would be very good for the stock market. If it doesnt invest in plant, property and equipment, but if youre still buying back shares and increasing dividends. But if you dont own stocks, it may take some time for the economic effects to play out because you Want Companies to use that cash to hire more workers and for dom
Oneman come in three of have gone public. Its indeed a delusion, it is not over. We will ask what is the appropriate punishment. Blockbuster news on the merger front. Justice department sues to at t and time warner. Many lawyers say justice doesnt have much of a case. Others say it is political. President trump doesnt like cnn owned by time warner. Look at this. Here comes another rally. Stocks going up triple digits at the opening bell. Some very strong economic indicators. Maybe a Strong Economy moving the market rather than hope for a tax cut. What a day. Big names accused, big rally on the way. Again, and Varney Company about to begin. The big outrage in washington is not Sexual Harassment. It is an old story. The big outrage is that we taxpayers are paying the bill for the settlement payment, the hush money to protect these bigtime harassers on capitol hill and that is what got been stopped. Until you had harassers from both parties and their wallet because thats where it really h
Doubledigit lead if elections were today. The president will say get it done or expect defeat next year. Markets open higher again today and, yes, we are again at or near record stock price levels and as amazon powers ahead, we will pose the question, jeff bezos, 100 billiondollar guy, is he also the new steve jobs . Varney company is about to begin. Stuart this is the face of the retail revolution. Online is on the march like never before. Adobe says yesterday was the Largest Online sale history, 6. 9 billion worth of sale online and the revenue often driven by smartphones that hit alltime high, 1. 59 billion worth of sales, that, again, just from phone purchases. Lets bring in mike murphy, hes with rosecliff capital, im going overboard on this. Wait for it. The revolution is now, we are in the middle of it. Are you going to take me on . Mike im with you. People know that they can shop with convenience, people are willing to spend money but on their terms. The only way brick and morta
This morning 50 points but all eyes on big tech, they took a big hit yesterday, from premarket action some investors nibbling at tech stocks at lower prices, maybe buying the dip but not that much. Now the overthetop nancy pelosi describing the tax bill as armageddon and the end of the world, tried to rally democrat opposition to the trump growth agenda hardly surprising the left does not want to go into next years elections with a strong economy. Embarrassed steny hoyer the end of the world. Political bias in the Mueller Probe sure looks like it, turns out it was an antitrump prohillary fbi agent who changed the language on the email activity, from grossly negligent which is clearly legally wrong to extre bias. Theres a reason this show is three hours, we need that much time to get it all in. Varney and company is about to begin. Stuart saturday musicologists will understand why we are playing i dont want to miss a thing from the 1998 movie armageddon. Minority leader nancy pelosi on
Chain migration system. We will have more on this, believe me. Red flags for bitcoin, believe me. Bitcoin market is, quote, burning with risks for Retail Investors. If a little guy being set up to hold the bag, the winklevoss brothers, they are on the show today. Media targeted the president and made series of mistakes. In a tweet the president calls stain in america. Win or lose roy moore may be a problem for the gop. Yes, it is another day and Varney Company is about to begin. Stuart well, look at this, we are going to go up at the opening bell today. By the way, the dow logged its 66th record close under President Trump yesterday. We are going up from there this morning. How about bitcoin, where is that today . Its at 17,210 per coin, up 319 bucks, however, top government regulator is raising a red flag about the bitcoin market. More on that in just a moment. We never forget appear until this program, do you know that 37 years ago today it went public, 1,000dollar initial investment