ALPHABET KICKS OFF AFTER THE
CLOSE TODAY, GOOGLE PARENT
COMPANY REPORTING,AFTER THE
WE'LL JOINING US NOW, BEYOND
GLOBAL AMBASSADOR FOX NEWS
CONTRIBUTOR YOUR EXPECTATION
FOR EARNINGS GOING INTO THIS
WEEK?
>> I THINK WE HAVE ANOTHER
GREAT EARNING SEASON THE LAST
EARNINGS SEASON WE HAD WAS
BEST, BEAT HE IN 25 YEARS
SINCE 1990'S A THIRD OF S&P
REPORTED 87% HAVE EARNINGS
EXPECTATIONS UPSIDE ON
EARNINGS, ESTIMATES THEY'VE
HAD SO GOING TO BE INTERESTING
TO SEE WHAT WE'RE GOING TO SEE
THIS EARNINGS, ESPECIALLY WHEN
YOU HAVE AURLTS REPORTING THIS
INFLATION PROBLEMS INTERESTING
TO SEE HOW -- FOR TARIFFS HOW
TARIFFS ARE GOING TO AFFECT
PROJECTIONS.
>> OTHER COMPANIES TO WATCH
ARE INDUSTRIAL COMPANIES,
WHIRLPOOL HARLEY-DAVIDSON TWO
OF THE NAMES OUT WITH EARNINGS
THIS WEEK.
OF THE STEEL, ALUMINUM TARIFFS
ANY KIND OF SUPPLY CHAIN
DISRUPTION COMPANIES ARE
EXPERIENCING.
>> ABSOLUTELY WE ARE SEEING
THESE COMPANIES, 94%
INDUSTRIAL COMPANIES THAT HAVE
REPORTED HAVE BEAT ON TOP AND
BOTTOM LINE, THE STOCKS
YOU HAVE A THOUGHT ON THIS, IT
FEELS LIKE THE QUESTION IS: IS
ARE ORDERS BEING PULLED
FORWARD?
IS THE A SECOND QUARTER COMING
IN SIGNIFICANTLY BETTER THAN
EXPECTED BECAUSE PEOPLE ARE
TRYING TO GET AHEAD OF TARIFFS
WE THOUGHT.
>> A INTEGRATE QUESTION
LINDSEY A LITTLE BIT OF BOTH
WE ARE SEEING EARNINGS FORWARD
PEOPLE AROUND TARIFFS SO YOU
BETTER-THAN-EXPECTED, WE ARE
GOING TO HAVE 4% GDP, THAT IS
GOING TO BE A LITTLE INFLATED
BECAUSE PEOPLE ARE GETTING
ODDS OUT AHEAD OF TARIFFS,
EARNINGS SEASON THIS IS THE
DICHOTOMY OF ADMINISTRATION
20% EARNINGS GAIN THIS QUARTER
ABOUT 35 TO 40% COMES FROM THE
TAX CUTS SO ADMINISTRATION HAS
GONE A GREAT JOB SPURRING THIS
REVITALIZATION THE PROBLEM IS
ONE HUNDRED PERCENT NOW BLACK
CLOUD IS THE TARIFFS WHAT CAN
HAPPEN IF POTENTIAL TRADE WAR
HAPPENS IT COULD NEGATE
EVERYTHING THAT HAPPENS WITH
THESE TAX CUTS.
>> SO FAR, JOHN, IT LOOKS LIKE
THE MARKETS ARE GIVING THE
WHITE HOUSE GIVING
ADMINISTRATION SOME BREATHING
ROOM ON HOW LONG DO YOU THINK
THAT CAN LAST?
I MEAN TO YOUR POINT WE'RE
GOING TO GET GUIDANCE THIS
WEEK FROM SOME MAJOR
INDUSTRIAL COMPANIES, THE
AUTOMAKERS, ABOUT ANY
POTENTIAL FALLOUT?
>> I THINK IT STARTS UNTIL
POTENTIAL TRADE WAR WE ARE IN
A TRADE WAR RIGHT NOW NO
MATTER WHAT LEVEL OF TRADITION
TRADE WAR WE ARE IN ONE RIGHT
NOW TAMPA BAY PITTSBURGH SALT
LAKE REDUCING HEED COUNT RIGHT
NOW, IN NEWSPAPER BUSINESS
BECAUSE OF TARIFFS ON CANADIAN
PAPER SO YOU ARE STARTING TO
SEE PROBLEMS RIGHT NOW, YOU
SEE SOYBEANS, LIVESTOCK A GLUT
OF THAT GOING ON IN BECAUSE
PRODUCED THIS YEAR WITH ALSO
HAVE TARIFFS THAT ARE COMING
ON SO WE HAVE WITH A GLUT,
GOING TO START SEEING, I THINK
YOU GIVE PRESIDENT A PASS ON
THIS, THIS IS NEGOTIATIONS,
BUT THIS IS STICKING NEXT TO
-- SAYING I AM GOING TO BLOW
UP EVERYTHING IF YOU DON'T
AGREE IT IS A DANGEROUS
PORTFOLIO AROUND THAT?
BECAUSE AGAIN YOU ARE NOT
GETTING PAID THAT MUCH TO OWN
FIXED INCOME HERE HOW DO YOU
ALLOCATE MONEY?
>> I THINK DIVIDEND STOCKS DE
RATES ARE RISING THAT IS THE
PLAY, LOOK YOU HAVE PROBLEMS
IN THE EU, IF ENGLAND DROPS
OUT OF EU LOOKS LIKE PROBABLY
AMOUNT OF THEM FEES GOING TO
EU, OMITU LOOKS LIKE COULD
BREAK UP ESPECIALLY LOSING
ITALY, SOMEBODY ELSE FOLLOWS
YOU LOOK AT PROBLEMS IN CHINA
RIGHT NOW, THE U.S. STOCK
MARKET IS STILL THE PLACE TO
BE, AND I THINK DIVIDEND
STOCKS THE SAFE PLAY GOING
FORWARD BUT I DON'T THINK
PEOPLE KNOW WHAT IS GOING TO
HAPPEN WITH THIS MARKET THIS
MARKET SHOULD BE SIGNIFICANTLY
HIGHER THIS ECONOMY IS
ABSOLUTELY ON FIRE ONLY BLACK
CLOUD IS TRADE TARIFFS I STAY
WITH DIVIDEND STOCKS.
COMMISSION JUNCKER IS GOING TO
POSITIVE DEVELOPMENTS OUT OF
THAT MEETING?
YOU NEVER KNOW.
>> HE DOESN'T HAVE HIGH
EXPECTATIONS ACCORDING TO
PEOPLE AROUND HIM BUT YOU ARE
RIGHT, WE COULD HAVE SOMETHING
UPSIDE SURPRISE COME OUT OF
DROP 10% TARIFFS ON CARS, THEN
SEE WHAT THE PRESIDENT DOZES,
BECAUSE REALLY ABOUT TARIFFS,
THE PRESIDENT, TRADE CARR
COULD END WITH FRIENDS HERE
THE PROBLEM WITH EUROPE RIGHT
NOW, IS THEY ARE NOT
NEGOTIATIONS WITH TRADING
PARTNERS NEIGHBORS IN CANADA,
MEXICO COULD BE LONG TERM