RUSH TRANSCRIPT Stuart That ░░░░░░░░ a wild exaggeration Steve ░░░░░░░░ you know it good ░░░░░░░░ Maria good morning everyone ░░░░░░░░ for records more records ░░░░░░░░ up kind of records ░░░░░░░░ here we go again ░░░░░░░░ 000 Wednesday taken only ░░░░░░░░ trading days to go ░░░░░░░░ 28 to 29 000 ░░░░░░░░ 000 on the way ░░░░░░░░ maybe we will open ░░░░░░░░ about 80 this morning ░░░░░░░░ P also closed at ░░░░░░░░ Wednesday so it goes ░░░░░░░░ in the open and ░░░░░░░░ have another brand new ░░░░░░░░ right there and the ░░░░░░░░ poised for another 30 ░░░░░░░░ point gain 9 000 ░░░░░░░░ close to 9 300 ░░░░░░░░ the latest rally very ░░░░░░░░ received the China trade ░░░░░░░░ signals new economic relationship ░░░░░░░░ world s two biggest ░░░░░░░░ formers manufacturers tech companies ░░░░░░░░ they all get help ░░░░░░░░ this and the economy ░░░░░░░░ insulated from my threat ░░░░░░░░ recession this year There ░░░░░░░░ more trade help on ░░░░░░░░ way for the market ░░░░░░░░ well Mitch McConnell says ░░░░░░░░ Senate will pass USMCA ░░░░░░░░ at 11 00 o ░░░░░░░░ eastern time this morning ░░░░░░░░ in a matter of ░░░░░░░░ America concluded deals with ░░░░░░░░ new partners m xico ░░░░░░░░ China Japan all good ░░░░░░░░ and there s a ░░░░░░░░ more to come here ░░░░░░░░ a tease for you ░░░░░░░░ a moment you will ░░░░░░░░ exactly what senator Warren ░░░░░░░░ to Senator Sanders in ░░░░░░░░ heated exchange right after ░░░░░░░░ debate you know it ░░░░░░░░ fascinating to hear socialists ░░░░░░░░ each other liars stay ░░░░░░░░ there it s coming ░░░░░░░░ you promise Varney company ░░░░░░░░ about to begin I ░░░░░░░░ you called me a ░░░░░░░░ liar on national TV ░░░░░░░░ You called me a ░░░░░░░░ liar I don t ░░░░░░░░ to get in the ░░░░░░░░ I just want to ░░░░░░░░ hi Bernie Good okay ░░░░░░░░ Who is that billionaire ░░░░░░░░ Steyer When parents are ░░░░░░░░ and you say look ░░░░░░░░ I drew a fire ░░░░░░░░ Laughter Stuart We shouldn ░░░░░░░░ be laughing like that ░░░░░░░░ I am Holland hill ░░░░░░░░ with us what you ░░░░░░░░ was dramatic split within ░░░░░░░░ Democrat Party between Progressives ░░░░░░░░ the split is bigger ░░░░░░░░ whole party is split ░░░░░░░░ are split along ideological ░░░░░░░░ There s a war ░░░░░░░░ s a Civil War ░░░░░░░░ should never play out ░░░░░░░░ a personal way on ░░░░░░░░ national television the way ░░░░░░░░ Elizabeth Warren has tried ░░░░░░░░ do here and this ░░░░░░░░ t about being offended ░░░░░░░░ fact that she s ░░░░░░░░ 8 points in Nevada ░░░░░░░░ in Iowa and she ░░░░░░░░ seeing her path to ░░░░░░░░ to Democratic nomination getting ░░░░░░░░ narrow and this is ░░░░░░░░ way of elevating herself ░░░░░░░░ the top of the ░░░░░░░░ in that debate otherwise ░░░░░░░░ was irrelevant Stuart Reminds ░░░░░░░░ of the split back ░░░░░░░░ 2015 2016 between Hillary ░░░░░░░░ Bernie that was a ░░░░░░░░ fight This is even ░░░░░░░░ if you re confronting ░░░░░░░░ Sanders on stage like ░░░░░░░░ I mean that was ░░░░░░░░ and it was embarrassing ░░░░░░░░ unprofessional and a party ░░░░░░░░ needs to demonstrate unity ░░░░░░░░ this point they re ░░░░░░░░ continue to go rip ░░░░░░░░ apart It s getting ░░░░░░░░ Stuart You love it ░░░░░░░░ yeah Laughter Stuart Wait ░░░░░░░░ second the Senate is ░░░░░░░░ to pass what the ░░░░░░░░ American free trade deal ░░░░░░░░ up at 11 00 ░░░░░░░░ clock this morning but ░░░░░░░░ know the Democrats keep ░░░░░░░░ that they could do ░░░░░░░░ better job they can ░░░░░░░░ better job listen We ░░░░░░░░ do much better than ░░░░░░░░ deal This new trade ░░░░░░░░ is modest improvement It ░░░░░░░░ give relief to farmers ░░░░░░░░ will give some relief ░░░░░░░░ workers I believe we ░░░░░░░░ that relief and we ░░░░░░░░ up the next day ░░░░░░░░ fight for a better ░░░░░░░░ deal Yes it has ░░░░░░░░ improved it is not ░░░░░░░░ They ll be no ░░░░░░░░ agreements signed in my ░░░░░░░░ without environmental environmentalists and ░░░░░░░░ at the table Stuart ░░░░░░░░ do you say that ░░░░░░░░ hill No trade deal ░░░░░░░░ in his administration the ░░░░░░░░ have heard people in ░░░░░░░░ Midwest clambering for some ░░░░░░░░ to their communities being ░░░░░░░░ by trade deals that ░░░░░░░░ their Jobs to China ░░░░░░░░ simultaneously importing the cheap ░░░░░░░░ that drives down wages ░░░░░░░░ parties have had a ░░░░░░░░ for decade to come ░░░░░░░░ with a solution and ░░░░░░░░ Biden when he was ░░░░░░░░ the White House they ░░░░░░░░ nothing it got worse ░░░░░░░░ deficits spiraled out of ░░░░░░░░ immigration continue today pour ░░░░░░░░ the border driving down ░░░░░░░░ Democrats aren t going ░░░░░░░░ do about this the ░░░░░░░░ president that has the ░░░░░░░░ to do this in ░░░░░░░░ was Donald Trump Stuart ░░░░░░░░ you first came to ░░░░░░░░ program you were a ░░░░░░░░ supporter I was I ░░░░░░░░ a working class that ░░░░░░░░ who I want to ░░░░░░░░ for and Bernie spoke ░░░░░░░░ that and I was ░░░░░░░░ Democrat and I didn ░░░░░░░░ like anything that he ░░░░░░░░ but between him and ░░░░░░░░ Clinton it was a ░░░░░░░░ choice they are getting ░░░░░░░░ radicalized and obsessed with ░░░░░░░░ culture and Politics of ░░░░░░░░ dividing us racial lines ░░░░░░░░ only a supporter but ░░░░░░░░ for the president s ░░░░░░░░ campaign and work every ░░░░░░░░ to help reelect him ░░░░░░░░ Holland hill welcome back ░░░░░░░░ in New York Absolutely ░░░░░░░░ The president just tweeted ░░░░░░░░ ago one of the ░░░░░░░░ trade deals ever made ░░░░░░░░ good for China our ░░░░░░░░ term relationship 250 billion ░░░░░░░░ be coming back to ░░░░░░░░ country and we are ░░░░░░░░ in great position for ░░░░░░░░ 2 start never anything ░░░░░░░░ this in U S ░░░░░░░░ USMCA it s right ░░░░░░░░ it ll pass the ░░░░░░░░ at 11 00 o ░░░░░░░░ this morning USMCA look ░░░░░░░░ futures holding up nicely ░░░░░░░░ you very much indeed ░░░░░░░░ on the Dow 10 ░░░░░░░░ the S P and ░░░░░░░░ on the NASDAQ Gary ░░░░░░░░ watcher of the day ░░░░░░░░ us now the rule ░░░░░░░░ when you have a ░░░░░░░░ up situation get out ░░░░░░░░ way is that right ░░░░░░░░ or you get run ░░░░░░░░ or if you are ░░░░░░░░ like Tesla you re ░░░░░░░░ murdered Combination of tons ░░░░░░░░ cash accelerating economy earnings ░░░░░░░░ coming back and central ░░░░░░░░ liquidity is doing the ░░░░░░░░ by the way seasonality ░░░░░░░░ bear market is the ░░░░░░░░ thing half an hour ░░░░░░░░ now and until that ░░░░░░░░ you go with it ░░░░░░░░ What do you make ░░░░░░░░ the suggestion from Larry ░░░░░░░░ that there may be ░░░░░░░░ cuts coming either this ░░░░░░░░ if you can get ░░░░░░░░ through Congress or next ░░░░░░░░ after the election of ░░░░░░░░ Trump is that a ░░░░░░░░ for both the economy ░░░░░░░░ the market Well it ░░░░░░░░ zero chance this year ░░░░░░░░ if the Republicans can ░░░░░░░░ the house next year ░░░░░░░░ the Senate and the ░░░░░░░░ I suspect they will ░░░░░░░░ more on the table ░░░░░░░░ look all you need ░░░░░░░░ go back is the ░░░░░░░░ 3 years what happened ░░░░░░░░ the economy and why ░░░░░░░░ really accelerated tax cuts ░░░░░░░░ big regulatory cuts letting ░░░░░░░░ economy keep more of ░░░░░░░░ capital throughout history it ░░░░░░░░ worked and working well ░░░░░░░░ that going forward nothing ░░░░░░░░ good news for the ░░░░░░░░ Stuart 30 000 on ░░░░░░░░ Dow when Gary 2 ░░░░░░░░ P M Laughter I ░░░░░░░░ we are going not ░░░░░░░░ we have to get ░░░░░░░░ days soon and we ░░░░░░░░ to have down days ░░░░░░░░ 3 3 and a ░░░░░░░░ percent at this point ░░░░░░░░ this quarter or the ░░░░░░░░ after and then we ░░░░░░░░ take it from there ░░░░░░░░ by day for me ░░░░░░░░ s about earnings reports ░░░░░░░░ look okay nothing special ░░░░░░░░ Gary thanks for being ░░░░░░░░ see you soon Look ░░░░░░░░ lulu lemon they came ░░░░░░░░ with rosy forecast the ░░░░░░░░ is up another buck ░░░░░░░░ at 2 44 a ░░░░░░░░ as for target it ░░░░░░░░ upper just a fraction ░░░░░░░░ cents it was way ░░░░░░░░ yesterday after reporting weak ░░░░░░░░ sales not much of ░░░░░░░░ comeback for target we ░░░░░░░░ still moving higher for ░░░░░░░░ 3 averages nearly 90 ░░░░░░░░ the Dow 11 for ░░░░░░░░ S P 35 now ░░░░░░░░ the NASDAQ it s ░░░░░░░░ and upward for President ░░░░░░░░ he signed the China ░░░░░░░░ deal now he s ░░░░░░░░ on those tax cut ░░░░░░░░ cuts 2 0 hope ░░░░░░░░ go hoping to roll ░░░░░░░░ out during the campaign ░░░░░░░░ trouble Harry Prince and ░░░░░░░░ Markle telling them they ░░░░░░░░ not welcome there I ░░░░░░░░ t know why but ░░░░░░░░ will find out now ░░░░░░░░ will bring Speaker Pelosi ░░░░░░░░ impeachment roll tape And ░░░░░░░░ would be done in ░░░░░░░░ in a way that ░░░░░░░░ solemn prayerful I solemnly ░░░░░░░░ sadly open the debate ░░░░░░░░ the impeachment of the ░░░░░░░░ Stuart So why is ░░░░░░░░ somber and prayerful speaker ░░░░░░░░ while signing articles of ░░░░░░░░ Get this she was ░░░░░░░░ out commemorative pens in ░░░░░░░░ yeah we will have ░░░░░░░░ of this