Stuart Point News Today

Despite election polls moving against the president , despite the media aggressively questioning his treatment and his doctor statements and his hospitalization, all of that despite it all and by the way they really hated this, the president ial driveby, thinking his supporters, cnn said he exposed his secret service driver, the president had a good night, hes been treated with remdesivir in a steroid and his doctors will update his position in two hours, you will see it, that could move the mar...

Economic outlook remains favorable. Plain english, no recession on the horizon. Growth continues. Top banker jamie dimon joined the optimist club. Growth will continue, he says, and he expects a phase one trade deal with china. This week, we reported on jpmorgans call for market rally next year and Goldman Sachs call for a Strong Economy next year. 2020 looking good. Todays Market Action is somewhat clouded by the uncertainty of whether or not theres going to be what the results will be of that ...

And will only be down a fraction at the opening bell today. The nasdaq, that is four points away from its high and will be up nine at the opening bell this morning. Across the board, stocks remain strong. All right. Now, im going to show you three wellknown companies that are big losers today. First of all, grub hub. Ouch. Down, what, 33 . Each day our planet awakens with signs of opportunity. Its forecasting weak sales in the future. But with opportunity comes risk. Beyond meat, down about, wha...

Yes, it is now a consumerdriven economy. We do want to alert you to new protests in hong kong. Nothing major so far but its just 9 00 at night over there and protests generally pick up steam in the hours before midnight. We cover this because these protests are a wild card in the china trade talks. They could affect our market and because we respect the courage of those youngsters demanding freedom. Now this. There you go. Which is the real Elizabeth Warren . Take a long, hard look. I couldnt te...

Party has to end but when . Okay, of course, its going to be a pullback but is that all youve got to say after the most explosive rally in modern history. Next story, the economy, in december 148,000 new jobs created, that is not strong, big job losses in retailing, big job gains in manufacturing and construction. Big show as usual. New probe of Clinton Foundation, were donors playing to play . Varney company is about to begin. Stuart here is another big story, look at that. Much of the east coa...

Military response if we or allies are threatened. The deferred action for childhood arrival Daca Dreamers looks like they get a six month reprieve while congress sorts out a solution. The swamp, there are a lot on its plate with a 7 billion downturn and debate on a budget plus a debt ceiling deal and attaching bigger harvey is request to that debt ceiling. All of this and a 12day period when the house and senate are in session together. Like do you think in here comes irma now a category fife to...

Warnings across the caribbean. Talking about wind now at 180 miles an hour. Still a western movement of the storm. Defined eye. Working 14 milesanhour. Will take a couple days to work across the caribbean. This is powerful one. Hurricane irma, wind running up to 180 miles an hour. This is the strongest storm in the atlantic with very strong wind since 2005. The very strongest ever were winds up to 190 miles an hour. Were not far off of that. This is powerful storm. As a result, youre beginning t...

Top democrats on immigration remains ambiguous. When will we get more clarity . Did something happen last week . We will see more reaction from the Republican Base once this daca legislation starts to move forward on capitol hill. Theyre already starting to see signs on the right that there will be a real fight against the president to deal with the democrats on that dasue. It would allow, if it continues about 800,000 young undocumented immigrants to stay in the country. Strict lets start on th...

Who have prior health issues, and, their, theyre still going to be covered, i dont take that away here. But im wondering if the pinch some of these hospitals are feeling doing with the possibility theyre going to bear a disproportionate share of those costs, maybe as they should. Im not here to judge. Stuart fair point, neil. Im sure if you ask a democrat you will figure out the answer on that one. Neil i like way you said that is a fair point. That is figure of speech. Neil. All right. That cou...

Spouses, nonchild dependents if your kid is in college. That will phase out over time. Some things will phase out. Next couple hours well get into. Netnet, more tax cuts than tax reform in the classic sense of the word here, but it does move the rates here where the upper income still will be paying 39. 6 , but a chunk of their savings will come between the gap where we have the 39. 6 rate, 400,000 in the new plan. 250,000. They will enjoy a bit of a tax sort of holiday there in that differentia...