It only struggled back to 10,001 as we speak. All right. Politics, a mess and very hard to follow. Conservatives say no to a governmentfunding deal because it doesnt give enough to the military and democrats are using the president s alleged vulgarity to ending the wall on the dreamers. Friday midnight. Big show for you. Eric trump on his dads health, physical and mental. More Companies Giving bonuses and here come the fake news awards. Varney company is about to begin. Can you assess the president s Mental Fitness for office . He is taking cholesterollowering medication. He has evidence of heart disease, and hes borderline obese. Can you characterize that as Excellent Health . Do you have aase line for this president . Example to be as fit as barack obama was. What is your take of all the doctors and clinicians across the country who have said that in this president , they see symptoms of this, that, and the other . Symptoms of dementia. Does the president do anything at all right now in terms of exercise . Do you keep a tally of how much golf the u. S. President plays. What . Stuart well, it was hard to take. That was a white house medical briefing. Reporters. Erings doctor about his Mental Health. How much golf he plays and how much ice cream he eats. Eric trump is here. Hes sitting right next to me. Momentarily, we will ask him what its like to have your dads Mental Health question. Just hold on a second. First of all, im going to get to your money. The markets going to open up again this morning. A nice, solid gain by the looks of it. Were going to be up what . 130 points. That will take us pretty close again to 26,000. S p, nasdaq also on the upside. Bank of america, that profit was nearly cut in half. They took a 2. 9 billion charge because of the new tax law. That stock will open virtually unchanged. Heres a dow component. Goldman sachs, theyre down off the dow because its a dow stock. And im going to broaden out our discussion of the markets and bring in brian, chief economist. Is the rally back on track because were going up another 100 points for the opening bell today. Yeah. Well, you know what . Day to day, stuart, who the heck knows. The market moves for a whole host of reasons. Let me tell you, we came into this year undervalued. The stock market was undervalued. We came into this year with Stronger Economic growth and better earnings. Now we have a tax cut and at the same time less regulation on business. So i think were going to end 2018 a lot higher than we are today. My forecast is 28,500 on the dow. But day to day, i cant make a call. What i tell you investors is dont try to trade a correction. Dont try to be some big hedge fund. Just stay invested in america and trust the entrepreneurial process. Stuart okay. Brian, so we go up on the stock market by the end of this year. Right. Stuart how about the profit forecast. You were just starting out on the profit reporting phase. Are we going to go up 10 year over year . 5 profit gain year over year . Or what . Yeah. More than 10 , stuart. I think 12 to 14 . You know, this year, analysts, we do this bottom up analysis; right . So theres s p theres 500 companies, a little bit more than that in the s s p 500. Analysts look at each one individually. And then we add them all up to get s p 500 earnings. And those earnings estimates because of the tax cut have gone up faster than at any time in the past decade. So whats happened is weve gone from about 10 Earnings Growth expectations to close to 14 for this year. Thats the biggest increase in analyst estimates that weve seen in a long, long time. This is going to be a great year for corporate profits, which means, by the way, its going to be a great year for jobs and a great year for wages too. Stuart that is a very appropriate moment to break out of this discussion and leave it right there. A very bullish brian west bury. Thank you very much brian. Thank you, stuart,. Stuart you know, this is one of the indications, ladies and gentlemen, when im more interested in our next guest on politics than i am on the stock market rally because whos with us . We told you earlier. Eric trump. Welcome to the show. Well, brian could have done that was good. That was incredible. And, by the way, thats totally discounting the trillions of dollars that are coming back into the country because of the repatriation. Thats totally discounting the fact that so many other people dont want to invest around the world because they dont trust so many of the countries around the world and they believe in the security of america. So when you actually stuart hes more bullish than you are. Put earnings reports with other things, were going to have an awesome year. Stuart okay. We are doing everything right. Stuart ive got to ask you about that socalled medical press conference yesterday. The reporters accused your dad of dementia, obesity, how much ice cream he eats, on and on it went. How much sleep does he get . Is he an early riser . How come hes in such good health . Is he really in such good health . Whats it like when your own father whom you know very, very well his mental she told questioned. Hes an incredible man. Sharp as a tack. Stuart how does it feel . I remember half of the press core were on the campaign with us. They were traveling around. And he would be on his sixth speech of the night or the seventh speech of the day, he had gone to four different states and they were trying to keep up and they would be in the back corner half sleeping on a backpack; right . Because he had run them into the ground. And they werent the ones up on stage in front of 30,000 people giving a speech; right . I mean they were just following him and just reporting on him and they were run to the ground. And, by the way, theres not a single one of them. Theres not a single one of them that they were living off red bull, living off fivehour energy, and theyre the same people questioning his health. I mean, the man is unbelievable. Hes the energizer bunny. Hes incredible. I joke all the time that ive never seen him have a cold. Stuart well, how much sleep does he actually get . Four or five hours . Yeah. Four or five hours and thats all he needs. But the mans incredible. You think you could perform like that if you werent, you know if you were, quote, unquote, using their term . Stuart it must be good, though, you have good genes too. You heard what brian just said. He pricks the stock market at 29,000. All of these great things are happening to america. Almost 8 trillion of wealth has been added to this country. Unemployment is the lowest it has been. Africanamerican unemployment is the lowest it has ever been. The vets are being taken care of. I mean, Consumer Confidence is an alltime high. Jobs are coming back to this country. I mean, i could go on and on and on. And you have somebody asking if the man enjoys a mcdonalds cheeseburger like every other american. I mean, its insanity. Stuart but your fathers demeanor in office, the language he uses, the tweets he puts out, his occasional harshness, his combative personality. People voted for that. Stuart but politically. I dont know. I think it may actually help him politically. And i mean that sincerely. People didnt vote for a pc perfect squeaky clean candidate. They didnt. They wouldnt elected him if they did. People voted for someone who actually gets things done, who actually delivers on his promises, as he has done the entire year. He has had the most remarkable year. Everything that he said he was going to do, everything that he said was going to happen has actually happened. Stuart will he never be reigned in . I dont know. Will he every once in a while use a foul word . Thats all of us. Stuart have you ever tried . Stuart, the notion stuart mr. President. The notion that every person in this can you be lives in la la land and candy land and, you know no. He didnt run on being a perfect pc candidate. Hes the first one to acknowledge that. Thats what has made trump, trump. Thats what makes him stuart im going to press. Youre his son. You must spend a lot of time with your dad, the president of the United States. Have you never said to him you know, dad. Maybe we could have done this differently. Im sure i have, and im sure i have multiple times; right . Stuart what was his response . Well, you know, the guys larger than life. Hes incredible in every way. Hes done an unbelievable job. He delivers on promises and, yeah, once in a while he might be unpc, but thats honestly why you had 30,000 people showing up at rallies versus so many of the other candidates that were on the exact same stage who couldnt draw a crowd of four. I mean, its what makes him the person he is. Stuart well, you know, your dad, the president of the United States tweets me occasionally using my name occasionally. Is he going to keep doing that . And can we use that as an excuse to invite him on the show . I tweeted you a couple of days ago and, first of all, he loves you. And, listen, you report the actual facts. You report when the markets doing incredibly well. You report when Big Companies are giving dividends to all their employees, you report i mean,. Stuart im very much a supporter of your dads growth program. The growth agenda because i think it produces prosperity and i think prosperity is the glue that brings us together. I would ask him to reign in to the tweets a little bit. Not to me but the other stuff. Certainly not to you. Stuart keep it flowing, please. Eric, it was a pleasure. Thank you very much. Thank you very much. Stuart sir, thank you very much. Thank you. Now this for you. North korea suspected in a cyber attack targeting cryptocurrency. Bitcoin dropped below 10,000 a coin today. Our next guest says the North Koreans will use cyber attack as a way to fight sanctions. Yep, were on that story. The new governor of new jersey in his first speech said hes going to bring progressive politics back to new jersey. 15 an hour minimum wage. Free community college. But he said nothing about the states massive pension liability. Were on that one too. But first, ice and snow hitting the south. Not used to it down there. Big pile up on a highway in kentucky. You are looking at interstate 65. It was shut down. More bad weather down there today and flights canceled, some of them, at least, at atlantas airport. Back after this whcold sore. Et you . Grab lunch . Cold sore. When a cold sore takes over, campho pheniques topical anesthetic plus antimicrobial action soothes pain fast. Whats for dinner . Meat loaf. Camphophenique on, cold sore pain gone. Stuart ge stock is down again this morning. The ceo maybe talking about breaking up the company after they took that big hit on insurance unit. 17 bucks a share on ge. Now this. North korea behind the cyber attack on cryptocurrency investors. Come on in, general tom. Is this threat, this cyber attack threat bigger than maybe even nukes . No. Its not bigger than nukes, but it is certainly a significant threat that weve got to be very concerned with, stuart. But nukes is still the big issue that weve got to solve, and youve seen some indications with all three of our bombers are now stationed on guam, et cetera. What were doing to increase our credible deterrence. Stuart now, the pentagon with the wall street journal reports the pentagon is developing or planning to develop two new seabased Nuclear Weapons. A, what are those weapons . And b, what kind of capability would they give us in the dispute with north korea . Well, ones a cruise missile. And the fact is what youre seeing is were going to make them smaller so that we can use them with less fallout that you normally get with the larger weapons. That means it is increasing our credibility in our deterrent role. And is particularly focused on north korea and iran. Stuart do you sense a war coming, general . I sense that the United States realizes the threat that a Nuclear Armed north korea that can strike u. S. Cities is and we are preparing to use all means necessary. Economic, diplomatic, and war if we have to. We will not accept a Nuclear Armed north korea. Stuart but that is what we face, isnt it . Weve got to make that choice. The nukes the North Koreans will have the nukes. Theyve got them already. And theyve got the missiles. We have to decide whether we accommodate that or stop it. Which way do you think were going to go . We better stop it because well never be able to accommodate it. Stuart will america use these weapons that were developing to stop it . If need be. In other words, to protect seoul from that artillery if you use these Small Nuclear weapons, you can destroy all the artillery in the north with one or two of these weapons just so they couldnt strike seoul, that would be very effective. Stuart do you think america would do that . Would america launch and use Nuclear Weapons in asia again . I believe we would do that if it meant saving seoul. Stuart would we shoot first . I believe we still have that option. I know we still have that option. We have not given up first us u. Stuart i guess President Trump has to make sure that the North Koreans understand we will do it. You cant pull back from that position, can you . Otherwise youve given yourself away. Thats what credible deterrence is, stuart, and thats why its extremely important that the chinese and the russians know this president means business. This is not the snowflake we had last time. Stuart okay. Does the showdown come within months or years . I dont have that answer. Stuart okay. Well, general, youve got a lot of answers, and i pose a lot of questions. Youre a tough guy, and we appreciate you being with us, sir. Thank you very much indeed. Thank you, stuart,. Stuart made you think. Liz wow. Yeah. Stuart thank you, sir. Next case, senator cory booker, he went on a rant against the Homeland Security secretary saying shes complicit in the president s racism. Im going to call that political theater in the extreme. Look at that. Another democrat says the gop will rue the day it passed the tax bill. Thats not how the ceo of fedex feels about it. Listen to this. Im sure were going to be doing a lot of things as a result of this tax bill because it was very, very good policy. We took legendary and made it liberating. We took safe and made it daring. We took intelligent, and made it utterly irresistible. We took the most advanced eclass ever and made the most exciting eclass ever. The 2018 eclass coupe and sedan. Lease the e300 sedan for 569 a month at your local mercedesbenz dealer. Mercedesbenz. The best or nothing. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. Well, my guess is we will be responsive to the tax bill. Stuart can i say that is a probably . You can say thats a probably. Stuart weve got it. Weve got it right there. That was fred smith, ceo of fedex. Almost committing to bonuses or increased wages for his employees after the tax plan. The democrats, however, oh, they continue to shall we say demagogue . Says quote i think the gop will rue the day they pass the bill. Liz. Liz ive been out sick for three days, and i come back and see that. And i say thats all youve got, democrats . You have 170 companies now reacting to the tax cuts with more bonuses, wage increases, 401 k contributions going up. And so, you know, ive got to say. The democrats seem to be underestimating the voters intelligence. Thats why im thinking term limits because they dont have to perform. Instead, theyre stepping up with rhetoric and theyre demagoguing not based on any facts whatsoever. So what should the workers do . Give all of that stuff back . Stuart yeah. Reject it. They dont want it. Liz its like a bad seinfeld episode when nothing happens. Thats democrats policy. Ashley but this is a huge gamble to lizs point this is all theyve got. And what happens god forbid those crumbs turn out to be a huge boost to the economy . And were already seeing signs thats happening. We know the job market is very healthy, wages are rising, people are optimistic, and they are spending. Put all of that together with Company Profits and you have a economy thats humming along. Stuart three points. Industrial production up almost 1 . Very significant jump in industrial production, the latest reporting period. Humanna, they are raising all wages within their company to a minimum of 15 an hour. Ashley correct. Liz yeah. Stuart auto nation, theyre doubling the contribution that they give to their employees 401 k . Liz and now saying a third consecutive order of 3 growth in the gdp. Stuart booming economy, 170 Companies Giving bonuses and or higher wages, what else have we got . Ashley well, when we get to the midterms, this is something theyre really going to have to answer to the voters. When they say this is a terrible deal, its awful by the way, those tax cuts will come into effect early next month as people see it in their paycheck. Stuart and theyll see that. Ashley and theyll see that. And the economy is picking up even higher. Stuart quick word the cell jean is in talks to buy juneau. Thats why the stock is up 50 . Dont you wish you had it . Bank of america, says we will expect to return more capital to shareholders given the tax act. Whether that is a higher dividend or stock buy back, we dont know. Theyre going to give back to the shareholders. And the opening bell is coming up, and were going to go up about 100 points. Getting close to 26,000 again. Back in a second two,that was awful. Why are you so good at this . Had a coach in high school. Really helped me up my game. I had a coach. Math. Ooh. So, why dont traders have coaches . Who says they dont . Coach mcadoo you know, at td ameritrade, we offer free access to coaches and a full education curriculum just to help you improve your skills. Boom thats lesson one. Education to take your trading to the next level. Only with td ameritrade. Ten secsing og and we open this market this wednesday morning and bounce back at least midafternoon selloff. Let me put it to you look that bang 9 30 eastern time up and run and we whats the post up 117 right 122 right from th