WMAL Interview - STUART VARNEY - 03.09.17

Mar 10, 2017, 07:28 PM

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INTERVIEW – STUART VARNEY – HOST OF ‘VARNEY AND COMPANY’ ON FOX BUSINESS NETWORK

VARNEY: I see clear signs the economy is expanding….
VARNEY: I see Trump has significant leverage to unify the GOP behind Obamacare reform and Tax Reform….
VARNEY: Gas prices are about to go down. More good econ news also at the pump
US private sector created 298K jobs in Feb. vs. 190K est.: ADP. Job creation posts blowout month in February, ADP says. (CNBC) — Companies added jobs at a blistering pace in February, with a notable shift away from the service-sector positions that have dominated hiring for years, according to a report Wednesday.  Employment in the private sector surged by 298,000 for the month, with goods producers adding 106,000, ADP and Moody’s Analytics said. Construction jobs swelled by 66,000 and manufacturing added 32,000. The total shattered market expectations of 190,000, according to economists surveyed by ADP. The blockbuster report also solidified market expectations for the Fed to hike interest rates next week. Probability for an increase jumped to 91 percent after the release, according to the CME. The report encompassed the first full month under President Donald Trump, who has pledged to rebuild the nation’s aging infrastructure system.