President has taken tax cuts off the table. We will Ask White House Economic Advisor larry kudlow about this and much more an interview you will see first on fox business. Welcome everybody, this is bulls bears and thank you for joining us. I am david asman, joining me on the panel jonathan own neck, jackie d analyst, zachary and gary deese both. President trump taking slack after tax cuts, he says the economy is strong so we do not need them. Larry kudlow, National Economic council will join us at any minute now. But jackie, if the economy is slowing down and there are signs, today we have revisions of the amp limit figures to the downside, what do you do other than cut taxes . Its an option thats on the table and the president took off the table. I think its a danger talking to much to the media even if the strategy that the white house is considering that they may not employ depending on the cell this plays out. We take every word and we pounce on it. Yesterday he was doing and toda
Wars the last jedi, is in theaters tonight. Rich gelfond is the ceo, hes here exclusively to tell us how star wars and the disney fox tieup will change hollywood and just how imax outdid itself at the london premiere. Were going to show you something youve never seen before. Plus, oscar winner jamie foxx helping the turn the eye wear industry upside down . How a pit stop at a gas station got him together with the gutsy Small Business thats ready to disrupt the disrupters. And well tell you how a tech titan original is now hoping to use his original take and chance on bitcoin to cure global poverty. Can overstock Ceo Patrick Byrne do it . Were going to push him on this in a fox business exclusive. On wall street, the markets sliding late in the session as materials be and Health Care Stocks lose are ground. Were less than an hour the closing bell. Big hour here, folks. Lets start the countdown. Liz breaking news just minutes ago, President Trump literally cut the red tape on red tape an
7. 2trillion. Thats how much the value of all stocks has gone up since the election of donald j. Trump. Thats why we call it the trump rally. We are already seeing more gains from the Big Tech Companies closing at record highs last friday. The big five are going to open mostly higher again this monday morning. Pay very close attention to amazon. The super cold weather for the last two weeks has surely helped them. Who wants to go outside in subzero temperatures . It was minus 13 at my farm yesterday. That has helped founder jeff bezos to increase his fortune. Hes now worth 103 billion. A half hour from now, no sell off. The dow closed friday just shy of 25,300. Well stay right around this level when the opening bell rings. Monday, january the 8th, Varney Company is about to begin. More fire at trump tower in new york city. Ashley well, fire and furry, and it had nothing to do with a book. Apparently its a electrical fire on the cooling tower. As you can see from this video. It was firs
Rarely backed where we were in 07. Cheryl melissa and lori, you have another hour. Melissa dennis is always so optimistic. I love that. Lori it is a good balance. Always need to opinions or more. Melissa good evening, everyone. Lori the dow about 150 points away from closing at an alltime high. More with us on why companies are not quite as optimistic. Melissa the freshman representative returns to tell us what he learned and if you still is hopeful he can break washingtons bad habit. So i dont know. Lori but the market is waiting to hear from in the market. Lou dobbs weighs in. Melissa Nicole Petallides standing by. The dow at the height of the day right now. Nicole that is right. That is really where we are sitting at this time, the nasdaq composite slightly higher and a gain of one quarter of 1 the best they continue to watch the market trend to the upside so many traders waiting for some pullback yet they dont think it is coming this moment because we continue to move higher and hi
European business. Tire sales dont look like they will pop up anytime soon. Dave sometimes a few big moving stocks can affect the market. These ones were the drag in the dow, not all of the down today, but dupont, boeing, travelers and chevron all pulling down the dow bigtime this week. If it wasnt for them we would have pretty much a better market but these are the big dow losers. Liz what about inflation . The fed set aside from a little inflation uptick for gasoline prices they didnt see it long term many times in but we have a money manager who says dont wait for anybody to call it. Make sure your portfolio is protected. Michael wall, three ways to play information. Dave some say this form will be the worst in a hundred years, who knows, but theres a serious question. Will Hurricane Sandy become the perfect storm . Another storm moving from the west, coming from the north as well. We have details on the megastorms hat and potential billion dollar impact. Liz a mixed day on wall str