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Details, they develop, well get them to you. In the meantime, we turn to the marketsws. Call it a summers rally at the end of summer. Whatever your view, surely youve got an opinion on the market rally that was sparked after announcing his exit from the fed chief race. Any of you in stocks are pretty happy with the numbers. Major u. S. Markets to the upside right at get go, the nasdaq joined the party but lost steam around 1 45 p. M. Eastern time, right now down just about four points on nasdaq. This fiveyear anniversary of Lehman Brothers bankruptcy sparking the worst of the financial crisis,...

Melissa straight off the top tonight, an exclusive interview with my personal choice for who should be the next fed chair, reknowned economist john taylor. News that Larry Summers has withdrawn his name for consideration of the job led to a nice rally in the markets. Everyone is looking ahead to try to predict whether the next fed chief will be vicechair janet yellen or not. Hear to weigh in what went down and what were in store for. Mere is stanford professor, john taylor himself, author of the five keys to prosperity. Great to have you back on the show. Good to be here. Melissa what did you ...

Dagen so much news today. The president coming off. Larry summers. The big bombshell yesterday. Call the president on the phone and said were backing out. Connell that is still the big market story. He will watch washington. Youre right. Larry summers. Dagen what is Nicole Petallides watching. A big rally. Reporter watching how those pieces of news are marketmoving events. Fed contention. Ultimately the market thinks that the money printing keeps on coming from the fed. Jumping up 156 points for the dow jones industrials. The nasdaq composite, cora , nasdaq composite. All of the dow components...

Fed race. Good monday morning, everyone. Look at this. Stocks will take off when that bell rings. 100, 150 points higher. Around 4 20 eastern sunday afternoon the news broke, Larry Summers withdraws. The pundits believe he would have printed less money. Janet yellen the likely successor, and that she will keep on printing. Thats why stocks will likely go up. And oil way down. Because any action on syria is now less and less likely. Its five years since the panic, stocks close to record high, its a riproaring monday morning and Varney Company is about to begin. Thank you orville and wilbur. Ame...

Gentleman, the legendary investor john paulson, only on power lunch today. Sue is at the new york stock exchange. Hi, stew. Ty hi ty, great to see you. All throughout our show the five browns, the famous players, theyre playing steinways for us at the famous steinway factory. Listen to that. Isnt that beautiful. The ceo of the company is on with us because john paulson just bought this company and theyre going to play for us throughout the hour. Five browns, welcome to power lunch. When you think of the federal government these days, what music comes to mind . Lets listen to what they come up ...