it is 5:00 a.m. on wall street and here is your top 5 at 5:00 futures pointing to more gains for an already red hot stock market new highs could be hit again today. president trump finally conceding the election and condemning the rioters, but still growing calls for his removal or impeachment and it is jobs day and whether a bigger stimulus plan may be on the way hyundai is in talks with apple on a self-driving car, but

then walking that statement back we'll bring you the latest and the electric vehicle craze continues. chinese internet search firm baidu reportedly thinking about creating its own electric car. hey, let's all build one, on this friday, january 8, this is worldwide exchange good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. i'm brian sullivan thanks for joining us here on this\friday here is how things look after another eight day workweek here in the united states futures are higher, not a lot. remember that any gains on most of the major averages will bring new record highs it has been a terrible week for america on so many levels. the d.c. riots, covid cases, hospitalizations spiking, but through all that, it has still

been a good week for stocks because like we talked about yesterday, the markets look forward and they see betterday ahead. in many ways and for many reasons. thursday was another new record for the s&p 500. heading for its third straight higher week in the past four look at that change, the small caps up 6% this week that is a return to america reflation trade. mid caps doing well as well. one big theme, the consumer, which many believe could take off the second half of the year. of course one of my 2020 predictions was that we would see this roaring 21st and 22s. it will take a while, but we'll get there. the xly rising nearly 2% yesterday. and one thing that you must begin to watch if you are not already, i know it maybe is boring, but bond yields.

the ten year yield is above 1% in fact 1.07%. that is a pretty big move in a short period of time and every tick higher seems to be very good for banks and bank stocks which are also catching a lot of buyer interest lately watch bond yields, it may tighten corporate credit spreads. around the world, asia closing mostly lower with the nikkei did jump more than 2%. shanghai was down. and we're currently mixed in europe germany up and the uk down -- i stand corrected. the uk is up 0.02% and back to the markets in a minutes, but right now, we have to get to the latest on what we know about that terrible wednesday in washington. president trump finally conceding the election and saying his focus now is on ensuring a smooth orderly and seamless transition of power but there are still growing calls for action against the president and the potential use of the 25th amendment to remove

him. tracie potts is joining us now with more. >> reporter: good morning. sources are telling nbc that there have been informal talks among 1256 h. staff about using the 25th amendment to remove the president and of course growing calls for that more than 200 members of congress, one republican, the rest democrats so far. and others who say the president should either be removed with the 25th amendment or congress should impeach him now, the president in a new video taking a different tone in light of all of these calls for his removal, he has for the first time acknowledged that joe biden won the election and will be inaugurated on january 20th he says there will be a new administration as of that date but he also takes a very different tone toward the rioters who invaded the capitol wednesday. initially the president said things like we love you, we understand how you're feeling,

calm down and go home. now he is saying that people who broke the law will have to pay and that he was appalled by what he saw very different message than just 24 hours earlier we're also starting to see several members of his administration leave in several different departments, in the white house, two of his cabinet zen secretaries, chao and devos have announced that they are leaving. and some folks have specifically said it is because of what they believe to be the president's role in inciting that riot >> tracy pots tracie potts, tha you. despite what happened in washington, stock markets continue to power higher and like we said, it is because of a lot of different things all coming together at the same time thoughts of bigger stimulus,

accommodative central banks, the eventual end of the pandemic and it is coming and probably most of all trillions of dollars just sitting around the world in banks or money market funds and very little stock to buy with it remember, between mergers and buybacks, the amount of available stock is down a lot from even a decade ago as one of jim cramer's themes on mad money last night it is like if 20 people wants to buy 5 homes and even 8 decided to fight for those five, prices will go up and that is what happened in the last couple mountains. let's bring in sima shaw great to see you again inthese crazy times that we're in. and something about this market, i'm looking down because i tweeted this out yesterday, just how things have gotten in the market i'm not making a value judgment. are you ready? yesterday tesla added $60

billion in market value. the value of general motors, plug power up 35%, bitcoin 40,000, solar power up 6%, bank stocks soaring as well everything is up are you in any way getting nervous? >> well, great to see you as well i think that there is a lot to be said for why we're seeing such positive moves across the board. as you pointed out, markets are looking beyond the winter wave of coronavirus, they are looking to the point where the vaccine is mass distributed and we can see an he said, they are thinking about stimulus, central banks staying on hold and continuing to provide unlimited liquidity through autumn 2021. but as you said, valuations are stretched. when you see these kind of significant moves, of course there will be concerns starting to grow that things are looking

too stretched. but we have to remember the fundamentals are very strong but stimulus, we've seen how strong that can in pushing ka s capital markets forward. but at the same time there will be the road ahead that will not be very smooth and investors should be prepared for that volatility as the months go ahead. >> because it does seem like nothing is going to stop this market and we're seeing these gains and they are very good for investors. college savings plans, 401(k)s this is good news, but the same idea that stocks only go up, i guess that can be a dangerous one primarily for those newer investors that are out there if you google trends, things like hugh to buy bitcoin and how to buy stock, they are soaring a lot of new people are coming into the market which i'm not going to say too hot, not my job to say that, but when you have stocks gaining $60 billion in market value in a day, you have

to at least sit up and take a little notice. >> absolutely. i think you're right in saying we can't assume that there are no risks out there our fundamentals are strong and we did believe that 2021 will be a generally good year for risk assets but at the same time, by the end of 2021 and into 2022, some of those concerns start to bible to the s the -- bubble to the surface, main one being a huge increase in dead from corporates. that has to be paid back at some point. we're thinking about rising inflation pressures. we expect pressures to pick up this year at least to a point which causes market participants to sit up and think for a moment how long can this go on for. so you are right, there are risks ahead and very tors do need to be cognizant that it is not always up that direction can move the other way >> i think that you brought up and an important point and that is all that debt that basically

free money, negative interest rates with inflation in many cases, that has been issued and that is the reason at the beginning we highlighted the ten year bond yields, only at 1.07% in america you work for principal global and interest rates are everything to you guys if we see anymore meaningful rise in rates, that is the super tanker that can shift a lot of assets, can it not >> it can. i think that the important point is almost the speed at which those yields are rising. we are expecting that gentle drift upwards. i think it is how quickly do they move up because if we start to see them shooting up, hitting significantly higher levels within a couple months, that is a concern for valuations and it does start to bring up question marks around the debt level, how expensive testimony be for the

governments to pay it back and as we see it for financials it is fantastic news.be for the governments to pay it back and as we see it for financials it is fantastic news but why and should we be worried that at some point central banks will start to pull back. >> and that is the risk right now, there is not risk of that, they have made it very clear, and let's hope that it stays for a while, i'm not saying it is good or bad, 2000 risk but to y, it will be necessary have a good week there in the uk i know it is tough for y'all right now, so thinking about you. and for all that smart analysis, i think jim cramer hit it best, he talked about an old boss he said who said why do stocks go up because more buyers than sellers. and when we come back, would you buy an electric hyundai apple

mobile hyundai says it is in talks with apple to possibly develop a new dh car. futures up 104 right now and it is jobs friday.

welcome back there are certainly a number of big money corporate stories out there as well. for that, we bring in rahel solomon. >> hello, good morning so, yes, let's start with hyundai. hyundai confirming that it is in talks with apple perhaps to work on the production of developing electric cars perhaps and batteries. shares of the automaker are surging on that news so the company did later issue another statement that actually avoided mentioning apple by name and it settled for what it called diverse companies that have talked with hyundai about autonomous vehicles. and speaking of evs, sources tell cnbc that baidu will create a standalone electric vehicle company, it will be the majority

shareholder. and staying in asia, shares of giant mobile and giant unicom and giant telecom all fell today. this is after index providers announced that they will delist the firm's hong kong listed securities from some of their indexes. and this is all after the nyse said that it would delist the stocks to comply with an executive order signed by president trump last year seeking to 3r5prevent u.s. inves from owning some china based companies. would you buy an ev car from apple? >> yeah, i'd have to see it first. i think car looks matter i mean, as cool as the tech is, right? it still has to look good i think. and so i have to wait -- but apple tends to make things look pretty good. so we'll see >> so style and substance. i agree. >> yeah. and we'll see you in a bit thank you very much. got to see what it looks like

first. coming up, as washington, d.c. remains on edge after the riots, local businesses already suffering from lockdowns face yet another hit. a tense time heading up to the inauguration we're always thinking about small business here on cnbc, and we'll have a chef to talk about where they stand pay off my student loan debt.

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i can't do it, i can't stay. it is a nothing thing. it doesn't affect the transition, but it is what i've got. but you can't do it. and i wouldn't be surprised to see more of my friends resign over the course of the next 24 to 48 hours. >> we don't have to worry i think about national security. i think the national security apparatus will work well, but i do think that we should take a longer term perspective how to make certain that we once again become a beacon for democracy and not a laughingstock for democracy around the world and that is what we've become today. >> what happened yesterday is a disgrace and as an american, i'm embarrassed. you know, i didn't vote for trump in '16 i voted for him in this past election, november today i'm sorry i did that >> there is a certain mondamoun adult leadership that is needed

to run an organization of any kind whether a university, a nice paper, a churnlgchurch, a mosque this is below h. belthat line ae shouldn't tolerate it. >> that was just some of the sound and voices that you heard on cnbc yesterday, politicians, business leaders, investors reacting to the riot on capitol hill but this morning want to talk to you about another part of the story. the pain the violence is in-234rik9sing on local businesses after already facing a ban on indoor dining, d.c. restaurants now have to garoppolole with more unrest. a new 6:00 p.m. curfew, a lot of questions. for more on restaurants on finding ways to survive, we're joined by amy brandywine, a chef in downtown d.c. good to have you on. i certainly wish it was under better circumstances how much guidance are you getting from the city about the state of the curfew and your

ability to do business right now. >> well, we had a curfew on i believe it was yesterday and wednesday it has so no curfew in place right now. but the city is in a state of emergency and businesses are, you know, able to be open. the question is how much business we'll have. >> and this is different than the last time, and you've seen protests and you've seen unrest and i know that there has been parking that has been cordoned off and streets cordoned off what are you expecting are you telling employees to come to work tonight for a robust carryout business or are you telling them to stay home? >> well, we did have the employees stay home the last two days we've been closed for 2 1/2 days and we're reopening for service tonight. and, you know, we first

obviously want to make sure that the employees are in a safe environment and quite frankly, it takes a little bit of, you know, due diligence to make sure that you feel comfortable bringing people back to work but in terms of what we expect tonight, i expect to be quiet. and, you know, we have a lot of loyal customers. i expect to see some of them but the city is kind of in lockdown right now, so transportation is very difficult and, you know, i think that there is just -- we've never been through anything like this. so i think that people are just on edge. >> it is a double whammy and certainly you are already facing the pandemic and lockdowns there, luckily you have a market for carryout, people come in for the groceries and staples in that neighborhood. but now this on top of that. and probably the next five or ten years, there will be lawsuits over business interruption insurance, that

will be the insurance fight to come this i think is a different kind of potential insurance do you expect that you will get paid by insurers for lost revenue, not because of covid and pandemics, but because of violence >> we were closed for ten days during the protests in the summer the complex where i was was completely randavandalized but insurance doesn't really kick in until i think it is three days of civile unrest. so it is a huge predicament in terms of how businesses can recover income from, you know, situations like thisunrest so it is a huge predicament in terms of how businesses can recover income from, you know, situations like this where it is a state of emergency insurance right now won't pay out for one day, two days, three days and right now i've had ten days and then we've had several days of lost revenue. probably about two weeks total at this point. so to me it is a real issue. it is very distressing

>> and it has to be. you spend years building these businesses an brad brands up. later in the program we'll talk about the vaccination rollouts with a doctor as well. obviously many food workers, whether it is in a plant or whether it is in a butcher shop, food workers are in many ways deemed essential are you getting any guidance from washington, d.c. on the potential time line of vaccinations for you and your staff as well? because ultimately we will get out of this, we're gist all tjul trying to figure out when. >> yes, you know, we do have guidance slowly coming out that suggests that in the course of the next couple months essential workers, restaurant workers, will be kind of in the first rollout. however, we didn't have any details of when that might be. so my expectation is that we're looking at probably late summer before things start to become a

little bit more normalized >> let's hope so and i got to say, there is nothing quite like washington, d.c. sitting outside on a nice spring day heading into the summertime let's hope by then we're able to do it centrally and i look forward to coming down and having an adult beverage or steaks thank you very much for joining us coming up, this morning's big market stories including bitcoin's big pop. and then big drop. and now big pop again. in the last 24 hours, up 735 to 39,656 the everything rally rolls on and so do we after that. between safe or sporty. modern or reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach helps them personalize experiences

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it is just about 5:30 eastern time here is how your money and markets look right now and stock futures are on the rise again, this everything rally that we've talked about, stocks, bonds, bitcoin, housing, commodities all continuing to rise and all at the same time it looks like we'll get that again today, although it is jobs day friday, so things could certain around based on how that number comes out

treasury yields have been on the move and while they are still historically low at just 1.07%, remember they were at 07% earlier. and now they have moved up to . 1.08%. so a big move in a short period of time for pond yields. it all means that credit spreads might tighten, the whole thing is too wonky and too wering to g boring to get into, but watch credit spreads and the bank stocks, they have been doing very well on that tick higher in rates. and we were going to try to write in some sort of script around bitcoin i think our team and all the hard working folks at "worldwide exchange" realized didn't write anything about bitcoin because in ten seconds it can be something else bitcoin was up before 40,000

yesterday and then down fairly sizably. and now actually higher back again. so up above 40, then done wn a bunch and now up a bunch and it was up 700, but now just 500. so remember, there is not that many bitcoin and a lot of people with not a lot of assets can might have that market whatever it is. now to some of the other big money corporate stories, let us head back to rahel solomon for those. >> yeah, so boeing will pay $2.5 billion to settle a criminal probe by the justice department over the 737 max so the government had accused the aerospace giant of concealing information about the airplane that of course was involved in those two deadly crashes. solar winds has hired chris krebs as an independent consultant the tech company found itself in the middle of a major scandal

after its own soft wware was us by hackers president trump fired krebs in november after he said that the election was not rigged. and fourth quarter operating profit rose 26% in the midst of the coronavirus pandemic for samsung and of course that comes as remote working and tv consumption has driven demand for chip shipments and display sales. >> like what we're doing, you're there, i'm here, it takes a lot of computing power to make this happen >> yes, it does. the magic of television. >> all right, rahel, we'll see you in a bit by the way, dill pickle, nothing better now to washington and the latest on what we know about the terrible wednesday on capitol hill president trump finally conceding the election and saying in a video statement last night that his focus is now

on, quote, ensuring a smooth orderly and seamless transition of power but despite that, there are still growing calls for action against the president. and the body poe invocation of the 25th amendment to remove him. although vice president pence says that is not going to happen eamon javers is joining us with the latest and you've got pence saying it won't happen, others suggest it still should, others saying it is only 12 days, don't make things worse where does this balance of power around this dialogue stand right now? >> you're seeing growing calls for the president's resignation, you are seeing calls impeachment, for the 25th amendment. i think all of that for now, for the moment, is unlikely, but it is a fluids situation. the 25th amendment is a process that requires a large number of trump cabinet secretarie

i'm not sure that we're there yet. the impeachment process is a long one that could take longer than the the 12 days remaining in the president's term in office so at this point, you can consider those both unlikely the "wall street journal" editorial page called for the president to simply resign saying that would be the best course of action for the country and for president trump. that seems unlikely too. remember, the president was out on the national mall wez saying he would never con seed, rallying that group of supporters that then went and trashed the u.s. capitol that is not the mind set of a person who would necessarily consider resignation that said, the president did release this 2 1/2 minute video last night, more than 24 hours after the riot, in which he for the first time conceded defeat and pledged for a smooth transition of power. and he spoke directly to some of those people who had been

involved in the mayhem here's what he said. >> to those who engaged in the act of violence and destruction, you do not represent our country. and to those who broke the law, you will pay we have just been through an intense election and emotions are high but now tempers must be cooled and calm restored. >> meanwhile the resignations continued monk tamong the trump circle, two cab ninet secretaris who have resigned. both cited the riots and the president's behavior around them as reasons for their resignations in protest. we had the deputy national security adviser resign. and along with a host of aides inside the west wing the first lady's chief staff has resigned all of that lending the final days of the trump administration an air of near total collapse.

that coming on the eve of news that we got last night from the u.s. capitol police that one police officer has died as a result of the conflict they say that the police officer was physically engaged with the protestors at the capitol. he returned to headquarters, collapsed there, and then died last night tragically. the capitol police issuing that statement late in the evening yesterday. that adds another dimension to the tragedy on capitol hill. and you can imagine will magnify the feelings of just about everybody in the country as the death toll from those riots now hits five. back to you. >> five lives taken. and at the end of the day, from all the video, those people smashing windows and everybody filming themselves and taking selfies, these are people that now have families that are gone and daddy or mom amy is not dock

mo coming home. and these tragic stories need to be talked about more but back to the political picture, chao and devos resign being. when you transition power, you need people in the cabinets to help the incoming new cabinets although joe biden has done it before, so his team may be a little more experienced. but how does the departure of two cabinet members potentiallyipotentially i impact any movement on the 25th amendment side is it also strategic in leaving a cabinet that there may not be the functioning process that would be needed should someone actually be able to get this throu through. >> personally it is probably easier for cabinet secretaries to resign than to face up to the decision about whether or not to invoke the 25th amendment which has never been done in this way in american history.

they have invoked it for temporary purposes, but to remove a president against his will saying he is simply unfit for office has not been done and by resigning, the cabinet secretaries don't have to face that decision. there is a real question around the 25th amendment which remember was only put in place in the 1960s, they felt they needed to clarify some of the continuity of government efforts around what happens in emergency situations so this is relatively new language the trump administration is stocked with a host of acting secretaries. remember, he didn't get a lot of these people confirmed by the u.s. senate and put them in on a temporary basis partly so that he could yank them out as he wanted to. the president is money to firing people so there are a number of acting secretaries and it is not clear in the constitution now whether thosine acting secretaries are

required to participate in the 25th amendment process if you need all the cabinets, that is eight votes. if you need just the actings -- if you can't use the actings, then you need six and with these two resigning, it is unclear how many votes you would need to actually move forward with the 25th amendment we're not hearing that it is going that direction >> okay. maybe -- we got it go, but maybe a strategic move if a couple more resign, then there literally would not be that six quorum to do it and it takes the pressure off those individuals who then leave the cabinet, it will be a hell of a few days hopefully it will be a very calm few days and of course everything, thoughts and -- i hate to say thoughts and prayers, but deep thoughts to all those families that now didn't have somebody coming home for dinner eamon javers, thank you. joining us now is fiscal

notes marketing director stephanie miller i want to switch gears it has been a hard and emotional week for so many people. let's keep it functional which is this, i tweeted this out yesterday because i was a political science major and a history nerd and not much else to do when you're sitting at home and i realized i knew congress was figtight in terms of divisin between democrats and republicans. i did not realize until i ran the data all the way back to 1789 or whatever that this is the most narrowly qudivided congress in the entire history of this nation 50/50 in the senate, 222-211 in the house. we have never had this narrow of a division they will have to work with each other, are they not? if you don't have bipartisanship, things aren't going to get done. >> absolutely. when i'm thinking about it, it

is like what a more fitting representation of our country couldn't be happening in congress we are a very divided nation and congress, you know, as you articulated, is just split down the middle and we've long seen, you know, everyone when one party has more sizable majority, there is all the intra party divisions that can occur that make it hard to just assume, you know, just republicans or just democrats would be able to move policy but now that is going to be completely impossible. and so to get anything done, you have to compromise and so this all feels to me a little bit like a return to where we were in the early 2000s after a split in the senate, not as narrowly in the house there was an emergence at that time of a moderate faction of both chambers of congress and in

the senate they were k5called gangs. the gang of eight or gang of ofx to move policy forward and so that is where it happened. not in leadership. >> i guess when we're old and sitting around, at some point we'll realize that this concept of political parties is a little odd. i called them billion dollar corporations because i find to be about i czar but nobody cares what i think. but my point in that, and there is a point, that you have the far left, centrist right, centrist right and far right and when you look at the division now, i could see a situation where a joe manchin, democrat from the most republican state in the country, john tester, montana, lisa murkowski and maybe even mitt romney, those three or four that could be swayed and maybe won't go with their own parties on certain things, they could

become the most powerful people in washington. literally the decision makers on major legislation. >> i completely agree. those are going to be the people that the biden administration starts negotiating with, not like gets to down the road i think that we'll see a lot of -- who knows what it looks like, but in a normal world a lot of meetings at the white house between these groups, a lot of engagement between the president-elect staff and them because if biden wants to get any of his agenda done, those are the people who are usher it through for him. and that is true to tax, infrastructure, health dare policy and climate change. i mean, everything will rest with those people. so our team is saying if we were in the room with this moderate senator, what would policy formation look like. because these folks are all very interested in being in washington to get policy done. and so the idea that they will,

you know, allow the perfect to be the enemy of the good is unlikely so we're expecting a lot more policy making but for all of to be much more mod >> and a lot of new shiny government buildings in martinsburg, west virginia there is already a few stephanie, have a great weekend. coming up, the push to roll out covid vaccines and how the nation is really doing a lot of talk about it, a lot of criticism, so what are the actual numbers we'll show you nature's bounty unleashes something exciting. say hello to a drug-free way to ease stress. stress comfort. a gummy supplement with lemon balm plus saffron,

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today's rbi is something that the world is waiting on, and that is the inoculation of enough of the population that combined with those who have already been ill and recovered gets us that level of herd immunity so you probably heard there has been a lot of criticism about how slow the u.s. vaccination is really cao, but the facts might be different globally. according to the vaccination tracker, here is the number of doses per 100 people used in a give israel the best, 17.6 per 100 second highest nation is united air rad emirates and bahrain which is the third most.

of course those nations are small. they have got small geographic footprint. as far as larger countries go, this is the top five uk at number four, 2.2 per 100 people as of last night. we are right behind that at 1.9% followed by other western countries, canada really far behind at just one-half of 1%. the point is that while we all want things to go faster, as we try to show you live on the ground at an actual distribution facility a few weeks ago, it is a tricky process many different moving parts, 50 different states, many different agencies within each of those states but we are getting there and wanls the oz zastrazeneca a & j are approved, it should speed up and we'll get there joining us is director of the precision vaccines program at boston children's hospital

dr. levy, good to chat with you again. the point we were trying to make, it is frustratingly slow we've seen the lines and confusion. it is hard to know who to reach out to, does my doctor call me, do i just go wait at a hospital. what is the state of vaccinations up there in massachuset massachusetts? >> thank you and good morning to you and your viewers right now we are seeing a rollout of vaccines. and the development of vaccines within nine months or so of a pandemic is unprecedented. so let's not lose sight of that important milestone. and i think as a country, get an a-plus for innovation. our system is designed for innovation you look at a company like moderna, became a powerhouse and major contributor to coronavirus vaccines but with respect to the rollout, we have serious concerns so i don't think that we'll score an a-plus for our operational rollout of

distributing these vaccines. my impression is massachusetts is doing relatively well relative to other u.s. states, but we have a very diverse system, different states doing different things and having different ways of getting the vaccines to people i'm reading the news stories just as you are, but i'm also speaking to relatives. my mother-in-law is in florida, she has two fiphysicians myself and my wife trying to advise her and days into it, we still can't get a clearance as ear answer ah should turn to she is elderly and so of course you see the headlines of people standing in lines for hours. so we have a long way to go. as dr. fauci pointed out, you know, we're doing something at a rate that has never been done before and we're trying to roll it out very rapidly. and the rollout played out

during the holiday season between christmas and new year's, yet another operational challenge. so we have to see now that we're past the holidays how this can roll out, can it speed up. because if we can't get a sense in the coming week or two that things are speeding up in terms of the rate of immunization, there will have to be some changes. >> will thei spoke with a pharma executive who probably would never go on the record saying this, but they said if the government would just let us handle it, we do this every day, every single day the pharmaceutical industry and d distributors deliver life-savin drugs every day. the infrastructure and chain is already built. and i think that was some of the frustration. >> it may be some of it, but remember, it is not just vaccin

centers. and remember these are safe and effective, but they do require special freezer temperatures, that is an operational challenge. it is not just getting the vaccines to the medical centers, but getting it into people's arms i'm very fortunate at boston children's hospital, the hospital has done a great job distributing the vaccines to the health care workers. ireceived my second dose of th pfizer product yesterday so i'm fortunate but it is a big operational challenge to get the shots not just in the freezer, but in arms of individuals and you know, i can't help but compare to what is happening in israel my two parents live in israel, they are both elderly and they have already been vaccinated over a week ago. and not only were they vaccinated, but a young individual who helps take care ev of my father was vaccinated on the same day they didn't even have to get out of their car

they drove to the site on the appointment date and time. they rolled down the window and their card was scanned, i.d. and then they got the shot right in the arm and then they waited for 20 minutes in the parking lot to make sure there was no reaction and they were on their way and as you know, israel is soon going to have 15%, 20% of the population immunized >> and higher than that, it will go up and up well, congratulations to you and by the way 2308 being whe e yourself should be the first to get vaccinated putting your lives on the line. my mom also elderly and still waiting to figure out what will go on. coming up, how investors need to prepare for today's jobs number the rks maetare looking ahead to that report. and we'll talk about it.

at fisher investments, we do things differently and other money managers don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios? nope. we tailor portfolios to our client's needs. but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when you do better. at fisher investments we're clearly different.

tom, your expectations for the monthly jobs null. >> i think that it could be stronger just because of the seasonal factor, but we'll lean against it in a pretty material bri way, companies scaling back. so we're looking for 100,000 but obviously adp flagged that it could be negative in fairness, adm h dchladp has a great job. but again i think the bigger point is, i would lean against any weakness we understand that we're in a rough patch, but we think that we'll be in a much better place as we push ahead into -- as we get well into '21. >> and your view says that you think we'll be back to close to

full employment by the middle of the year are you sticking with that >> look, it is not a heroic call to be totally honest we're at 6.7% on the unemployment rate. full employment is around 5% so we have obviously chopped a lot of wood in terms of seeing some improvement in the unemployment rate and i think we have to keep in mind, too, we are looking at -- might sound odd to say, but we were looking at tight labor markets just over the course of the last couple months but prior to the resurgence of the virus in november and december, that was an idea that came through pretty loud and clear in the small business survey, ism report, in the fed beige book so, yeah, i think that full employment by the middle of the year is a good call. >> i like it a good call to end the show on an optimistic note so we appreciate you doing that for us thank you very much. and thank you for watching us here it's been a long week for a lot of people.

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president trump acknowledging defeat for the first time, he is now facing

threats of impeachment, another one, and the resignation of cabinet members. meantime stocks pushing to new highs. futures are pushing to more records at the open. and bitcoin, says that it is remaining volatile, if that means going up, after smashing past $40,000 yesterday, and it is jobs friday, we'll talk about the impact of the pandemic on the labor force as new cases and deaths hit the highest level ever as january 8, twub, a2021 and "k box" begins right now. good morning, everybody. i'm becky quick along with joe kernen and andrew ross sorkin. and even after everything we've seen over the last couple of days, the market has