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Early from alex, and i think he did a very good job yesterday , under a lot of pressure, he did a fantastic job. And he explained it. He made a deal that people are happy with, and then 12 years later, theyre not happy with it. Youll have to figure all of that out. But the fact is, hes been a fantastic secretary of labor. And alex called me this morning, and he wanted to see me, and i actually said well, we have the press right out here, so perhaps you just want to say it to the press. But i just want to let you know, this was him, not me. Because im with him. Hes a tremendous talent. Hes a hispanic man. He went to harvard. A great student. Ways, i just hate what he is saying now, because were going to miss him. But please, alex. Mr. Acosta thank you, mr. President. Over the last week, i have seen a lot of coverage of the department of labor, and what i have not seen is incredible job creation we see in this economy, more than five million jobs. I havent seen that workplace injuries ar ....
Who would have thought we would be looking at nearly five million new jobs, record low unemployment for minorities, rapidly rising wages and no inflation . Thats what weve got. I think theyre all blinded by their contempt for all things trump. So look at this. The market rally continues this friday morning. Now we have no idea how this market closes but i can tell you that at the opening bell, we will almost certainly hit a series of new highs. The dow at the opening, up about 70. S p, up about six. Nasdaq, up about 14 points. All right. I promised a big day. We are going to deliver. At 10 00 this morning, the young radicals defend their statements about the border in congress. Are those detention facilities really concentration camps . You are going to see it. And you will see history being made on wall street. Varney company is about to begin and were going right at it. The alert. I was missing that. Okay. We ran it. All right. Whos with me now . Market watcher jonathan hoenig. Big s ....
Morning as the president was leaving the white house for an event in wisconsin. He was the u. S. Attorney in miami when he oversaw a 2008 nonprosecution agreement with Jeffrey Epstein whos been accused of molesting under age girls. Mr. President , how do you think your labor secretary did . I think he was a great labor secretary. Not a good labor secretary. Hes done a fantastic job. Hes a friend of everybody in the administration. And i got a call this morning early from alex, and i think he did a very good job yesterday, under a lot of pressure he did a fantastic job. And he explained it. He made a deal that people were happy with and then 12 years later theyre not happy with it. Youll have to figure all of that out. But the fact is, he has been a fantastic secretary of labor. And alex called me this morning and he wanted to see me. I actually said, well, we have the press right out here so perhaps you just want to say it to the ....
Ed isly the president picked up what facebook is looking at. He has a proposal of his own coming up as well. First to the story that broke earlier today in washington, the embattled labor secretary alex acosta from stepping down from his position in President Trumps cabinet. Blake burman live at the white house with the latest on that. Reporter connell, the timeline fairly quick when you look how it unfolded last week. On saturday the feds took Jeffrey Epstein into authority. The Southern District of new york laid out its case, the newest charges they presented against epstein. That forced labor secretary alex acosta to go before cameras here in washington, d. C. , on wednesday to defend the 2018 nonprosecution agreement deal that he strong with epstein and epsteins attorneys back in florida more than a decade ago. ....
Controversial extradition law and hong kongs chief executive has apologized for it. Not good enough for the people of hong kong, who turned out by the millions this weekend and who have returned to the streets today. They want the law dropped completely and the chief executive to resign. The pressure on xi remains. He is not leading a united country. Trouble back home. To the markets. We are going down a little at the opening bell, not much. Maybe ten points for the dow, up about 13 on the nasdaq. This is all about Interest Rates. The Federal Reserve will announce a decision at 2 00 p. M. Eastern wednesday afternoon. Will they cut . Dont know but theres a good chance they will. Thats what investors are waiting for. I want to know what happens to stocks if they do cut and what happens if they dont. Now heres those outage stories. You could call this a sign of the times. When c ....