i'm going to have to touch off. we're at the end of the show. we'll continue the discussion we can be assured. please join us here. tomorrow >> i'm not going to waste my time or the country's time going page by page talking about a book that's complete fantasy and full of tabloid gossip. lauren: that did not stop people from lining up at midnight to buy a new white house tell-all. cheryl: the bomb cyclone may be history but now the deep freeze specially for new england. lauren: it is official, dow closes 25,000 for the first time and the fastest 1,000 point gain ever, today all eyes on the december job report. cheryl: ahead of labor report, futures pointing to another higher open on the heels of 25k. the dow looking up by 61 in

premarket. lauren: ftse in england touching all-time high as british economy picks up steam. cheryl: in asia investors, nikkei up nearly 1%, shanghai also higher. lauren: could make every electronic device vulnerable to hackers. fbn:am starts right now. ♪ ♪ cheryl: 5:01 a.m. in new york. friday january 25th, good morning, i'm cheryl casone. lauren: good morning, you survived the storm. i think we all did. back for another day. i'm lauren simonetti. cheryl: it is the day after. lauren: it's cold outside too. cheryl: we will talk about show later on in the show, it is freezing in the east coast. first, that's not stopping

crowds in dc from i think to this. the book is out. white house tell-all on store shelves, came out four days early. they lined up overnight to get hands on fire and fury as the white house is striking back saying it's full of lies. lauren: griff jenkins with the very latest. griff, have you seen the book yet? >> good morning, lauren and cheryl. [laughter] >> this is the book the white house doesn't want you to read and it went on sale at midnight despite the president's lawyers trying to stop release with cease and desist letter. sanders blasting nothing more than fantasy. >> numerous mistakes but i'm not going waste my time and the country's time going page by page talking about a book that's complete fantasy and full of tabloid gossip because it's sad,

pathetic. >> in the fallout between president and chief strategists, respond today a question about bannon remarks against him and calling first daughter was dumb as a brick and son treasonous. >> he called me a great man last night. he obviously changed his tune. i don't know. i don't talk to him. that's just a misnomer. >> bannon has a new nick neighboring. the president tweeting about the author's alleged access. they authorized zero access to white house. turned him down many times for author of phoney book. never spoke to him about the book. full of lies and misrepresentations, look at this guy's past and watch what happens to him in sloppy steve. now the president's lawyer continue to threaten allegation against bannon, important financial backers of bannon

maybe distancing themselves from him and finally, bannon himself maybe considered legal action against the president for defamation. so this little book has been quite a stir here in the nation's capital. [laughter] lauren: as michael wolff runs to the bank and see it is proceeds come in, griff jenkins, thank you for that. cheryl: staying on the story, steve bannon says chairman of breitbart news maybe numbered following escalating fight with president trump. the wall street journal reporting that the company's owners were weighing the move to oust bannon after release of michael wolff's book. >> should breitbart part ways with steve bannon after the comments of the book? >> i certainly think that it's something that they should look at and considered. cheryl: journal say that is two of bannon long-time supporters,

billionaire mercer and rebecca mercer have been distancing themselves from him. another point in the briefing, so many inaccuracies, you google search, you could have found that and the fact that he didn't know who john boehner was and there were pictures playing golf together. lauren: this could actually help donald trump prove that sometimes the media is dead wrong, we will discuss in just a bit. let's get to the weather, again, first we had the snow and now the deep freeze, one-two punch, brutal wave of cold air moves in, powerful system leaving millions of americans paralyzed with heavy snow, high winds, coastal flooding, some without power, the violent storm blamed for at least four deaths, massachusetts governor is out with a warning for what's to come. >> the snow will taper off soon,

but we are urging the public to remember that we are going through a significant winter weather event and frigid temperatures will move in overnight. the temperatures are forecast today drop quickly posing a threat for flash freezes. cheryl: we should add that windchills forecast to drop minus 40-degrees this weekend. this storm also recking havoc at the airports. this promises to be another tough day for flying without 14 flights already canceled today but you can expect a lot more flights to be canceled as well. fox meteorologist janice dean is going to have latest forecast coming up later on in the show. lauren: first friday of the new year, the final job's report of last year is due out this morning, this is what economists are expecting, employers added about 190,000 jobs in december, unemployment rate expect today hold steady at 4.1%, catch full

coverage and announcements with maria bartiromo for job america's special. cheryl: apple fixing a flaw that could make your phone vulnerable to hackers. lauren: tracee more on that. they have a fix, tracee. tracee: they will very soon. it will release a patch for safari website after major chip makers disclosed flaws that made every device vulnerable to hackers. alphabet google and other researchers disclosed two major chip flaws affecting all computer chips made in the last decade. one is called meltdown affecting only intel chips which are found in most pc's and the other called specter affecting apple devices. every software company has been pushing out updates to fix the problem, make sure you allow computers and phone to automatically install software and updates and patches that are

released. >> let's talk about uber. travis kalanick in the news again. tracee: plans to sell 25% to have shares in uber, company he cofounded as part of the investment deal with softbank, bit of a surprise move because call -- kalanick would not sell shares of uber. but it's still a huge premium for early investors and employees like kalanick. lauren: i wonder why he changed his mind on that. new year's resolutions, did you make one? tracee: i have the same one every year. to drink more water, work out more, to read more, things like that. lauren: if only we could have a new year's resolution like mark

zuckerberg. tracee: his is very ambitious. he wants to fix facebook this year. zuckerberg said facebook has made, quote, too many errorses enforcing policies and preventing misuse of our tools over the past year, facebook has been blasted for allowing objectionable content, fake news articles, zuckerberg didn't say exactly how he would achieve this goal, however, he mentioned, quote, bringing groups of expert together to help and discuss work through topics, civics, political, philosophy, media, government and, of course, technology. cheryl: i thought you were going to say that zuckerberg was going to make a run for office. tracee: they thought that last year was resolution was to get out and meet people. lauren: in every state. he's still young. tracee: there's always next year. cheryl: thank you very much, we

will see you a little bit later on the show. lauren: coming up the fallout from michael wolff fire and fury is the book going to be a good thing for the president. our political panel is warming up in just bit. we will tell you all about that, you're watching fbn:am. running a small business is demanding. and that's why small business owners need more. like internet that's up to the challenge. the gig-speed network from comcast business gives you more. with speeds up to 20 times faster than the average. that means powering more devices, more video conferencing, and more downloads in seconds, not minutes. get fast internet and add phone and tv for only $34.90 more per month. comcast is building america's largest gig-speed network to give small businesses more.

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cheryl: let's get you caught up on what's happening now. justice department launching new investigation into allegation offense the clinton foundation used pay to play politics while hillary clinton was secretary of state accusers claim the foundation promised favors in exchange for donations or pledges of cash or gifts. investigators are also looking into whether the clinton foundation violated tax laws. well, the trump administration expanding off-shore drilling from the atlantic to arctic ocean. plan includes opening up federal waters off the coast of california for the first time in three decades, the plant always open up new areas of oil and gas exploration off the east coast in places like georgia up to maine where drilling has been blocked for decades. fcc chairman pai canceling

appearance in las vegas ses because of death threats, he let a push to roll back obama era internet rules for broadband providers, the fcc voted to roll back neutrality rules. no comment, he's just not attending. lauren: we will be there. we will keep you updated. white house officials are calling president trump as furious. patrice, analyst and robin former obama campaign regional field director. robin, i want to begin with you, obviously donald trump went to all lengths to prevent this book from coming out but now that it's out, robin, does this actually vindicate him that the media does tell lies? >> you know, in some case -- there might be some truth to that because i really do take

this book with a grain of salt having looked into wolff's prior history, i think a lot of this may be gossip. you know, americans, we love drama, we can't deny it. we can't get enough of it. this book provides it in spades, whether or not any of it should be taken as truth, i just don't know. some of it sounded so ridiculous and far-fetched. lauren: this is my favorite part, donald trump eats mcdonalds because he fears being poisoned. who cares? these are fabric cases that might or might not be in it. patrice, is there anything new in the book? we know he's obsessed with criticism about him. is there anything new in the book? >> i don't think there is.

it's interesting if any private conversations are true to really hear how people were talking in the inner circle of the trump campaign and the early white house, you know, how think were talking about the president but at the end of the day when we look at where we are as a nation and our economy is, even if there were bumps early on in a road, we are in a great place right now, kudos for the president to getting us where we are. lauren: could you make the argument and would you make the argument, robin that we are in a better place right now because steve bannon is not in the white house and he might have appealed more to the donald trump and now the president is more reigned

in. >> i actually a agree with pundits that he's in it for himself. i'm concerned that he hasn't denounced some of this. i think that's telling. i know that the mercer family is considering cutting ties with him. that's telling also. but i think that donald trump is better off without sort of a loose cannon and that donald trump called him sloppy steve, that's one of the few disparaging remarks i actually attend to agree with the president on as far as that goes. lauren: yet, patrice, steve bannon says he's still 100% behind the trump agenda and donald trump is, quote, a great man. >> he has to stay that. he wrote president trump's tails into office and public limelight. steve bannon owes the president a lot. i think this is a good divistings, do americans who support it and put president trump in office, do they do it because of bannon, do they do it because they believe the trump

agenda? i think there's a strong disdistinction being drawn here, steve bannon is realizing it wasn't him, it was what president trump had to offer to the american people. lauren: are either one of you getting this book? >> it is not. lauren: robin, what about you. >> i think it might be really good to line the litter box with. [laughter] lauren: yeah, you know, the stories that we have seen from washington, d.c. this year, they just get better and better and kind of just all came together with this, sarah sanders said this full of tabloid gossip book, we have a more disciplined, robin, donald trump and he did that without steve bannon. >> yes, i hope, i know he's upset, he wanted to stop the release of this book but we have some serious business at hand. we've got to raise the debt sealing, we had the bipartisan

feeting with the big four. i know he's wanting immigration reforms and the wall, so we've got a lot to get done. lauren: you set us up for the show. happy reading or not. cheryl: michael doesn't have the greatest track record when it comes to fact. even the washington post criticized michael wolff, if you lost the post, well, they're not fan of the president either. >> we have seen in the past day bit early cold temperatures are here for several days and we will continue through weekend. cheryl: yesterday we heard it was colder than mars, what will today bring? we have fox meteorologist janice dean next. remember, it is job's friday and

the dow did hit 25,000 and change yesterday, another strong open, we will be right back. this is laura. and butch. and tank. and tiny. and this is laura's mobile dog grooming palace. laura can clean up a retriever that rolled in foxtails, but she's not much on "articles of organization." articles of what? so, she turned to legalzoom. they helped me out. she means we helped with her llc, trademark, and a lot of other legal stuff that's a part of running a business. so laura can get back to the dogs.

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choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. cheryl: well, the bomb cyclone was a deadly storm but we are getting stories of heros in action, take a look at this, people trapped by frozen flood waters, this is whole massachusetts, they were rescued by firefighters using a front leader, you can see the machine actually lifting this woman off

of her roof and over the water to safety. firefighters telling local media they were swamped with calls yesterday from help from residents that were trapped either in vehicles or in their homes during peak hours of yesterday's storms. lauren: good story to tell, rescue, man, major winter storm continues to slam parts of new england with heavy snow, high winds. cheryl: janice dean with the latest forecast. janice: i'm happy to be inside. look at the snow totals, impressive, dynamic storm system, one of the strongest we have tracked in the atlantic in some time and it just dumps snow across the northeast and massachusetts over a foot, even 19-inches, new jersey, 17-inches, parts of new york and connecticut, over a foot and long island we have a foot as well as my husband can attest to that, doing shoveling. here is the past 36 hours, the storm is out of here up towards

eastern canada bringing lot of snow and wind but we still have very cold temperatures behind the system, perhaps deadly cold temperatures if people are not safe and into warm shelters, if you don't have power that is my big concern, so the windchill right now, feels like my news 3 in new york, nigh -- my minus 7n its pittsburgh. windchill advisories as the storm exits, 5 on saturday, 0 on sunday, the good news here is, as we head into next week, things look better going up, 42 on friday, we hope, fingers crossed. happy weekend.

lauren: it is friday. cheryl: short week. lauren: first samsung and now hp recalling some of its computers because some battery fires and how apple bees is trying to get you the break your new year's resolution. we will be right back.

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it. lauren: now comes the deep freeze for new england. cheryl: it's official, dow closing above 25,000 for the first time ever and fastest 1,000 point gain ever. all eyes today to december job's report. lauren: ahead of that you typically see futures relatively flat, look at this, dow jumping 17. cheryl: we are rolling on. ftse in england touching all-time high, british economy really picking up steam. lauren: in asia check out japanese investors after pushing the index up more than 3%, it's almost up 1% today in south korea cos pip up 12 quarter percent. cheryl: may be on your table right now or refrinl rater, new recall over popular food and it's about e. coli, we have the story, fbn:am starts right now.

♪ lauren: friday january 5th and just about 5:31 in the morning. good morning, i'm lauren simonetti. cheryl: good morning, cheryl casone, morning after on fbn:am. lauren: morning after winter storm and that's the breaking news that people, you know, making it back to work today, we are also talking about the political storm after the publisher of a book that attacks the first year of the trump white house moved up the release. it went on sale overnight, this defying the white house's efforts to block the book. the white house striking badge saying the tell-all is full of lies. >> i'm less concerned with my exhaustion as i am with the people of this country. i don't really think they care about so much trash that an author that no one had ever heard of until today or a fired employee wants to pedal. lauren: well, sanders referring to michael wolff who wrote the book and former white house chief strategists steve bannon who criticizes trump family

members in the book. president trump heads to camp david today for the congressional gop leadership retreat. so back to business. cheryl: yeah, well, business is changing in steve bannon's life, might be his days to have chairman of breitbart website maybe numbered, escalating fight with president trump might be the blame. wall street journal reporting that the company's owners are weighing a move to oust bannon after the release of book. the topic coming in white house press briefing yesterday. >> should breitbart part ways with steve bannon after the comments in the book? >> i certainly think that it's something that they should look at and consider. cheryl: well, the journal say that is two of bannon's long-time supporters had been distancing themselves from him over recent days. lauren: let's turn overseas, north and south korea agree to go hold high-level talks on tuesday to discuss the north's potential participation in the

winter olympics in february in south korea. north korea accepted seoul's offer to hold the talk in border town, the two sides also discussing, hopefully ways to improve their relationship. the announcement coming shortly after president trump and south south korea's president trump both release today delay military xeshzs until after the winter games. cheryl: well, only a few buyers are still in the running to buy a harvey weinstein production company, one of them close to a deal. lauren: and the price tag is interesting, tracee carrasco joins us on that and other headlines making news. tracee: weinstein company is close to a deal, now it could come less than $500 million, this is what the wall street journal is reporting and it would cost shareholders to lose all of their equity if it does sell for something that low. now, there was a december 22nd, deadline that a list of 20 people submitted bids, bids that

was narrowed down to about 6 and right now the bidders include a group led by business women maria contreras. studio lions gate, entertainment and investment, alternative investment. cheryl: how the mighty fall, i guess is the weinstein story. samsung had problems with fire and now hp. >> lithium battery issue that samsung had and applies to 50,000hp notebook computers and mobile workstations, they were sold at amazon, on hp's website and the consumer product commission safety said they received eight complaints of batteries overheating, melting and received a complete of one minor injury, someone's hand was burned and property damage totaling $4,500 because of the

issue, if you have one, check it out and take care of it. lauren: good to know, thank you. not even a week through the new year and already applebee's might be getting some people to break new year's resolution. tracee: apple bees is bringing back their 12.99 all you can eat riblet or chicken tenders meal and all you can eat combo of the two and the deal comes with fries and coleslaw so there you have it. you could wash it down with a 10-ounce blue moon for $2. cheryl: you will not take me down applebee's. tracee: be strong. lauren: i didn't realize there are two apple bees in our area, very close to us. i only thought that there was one. cheryl: i'm not going. no. lauren: will power. tracee, thank you. from apple bees to eating healthy, if you put romane salad you don't want to listen to

this, use caution after nearly 60 people became affected with e coli, officials say that it's not clear that e. coli is to blame, people should avoid eating romanine for now. that patient reportedly died in canada. wow. cheryl: well, did you -- lauren, did you see the markets yesterday? did you happen to catch that? lauren: i did not,. cheryl: 25,000, one for the history books, how quickly do you think we can get to dow 26,000? lauren: 30,000. cheryl: i think it's all going to happen. today job's report could be market fuel. retailers are still facing some issues, sears and macy's again. we will have that story.

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lauren: happy friday, thank you for joining us. the trump administration taking hard line against pakistan saying it would freeze all security assistance to the country, this until pakistan takes a tougher stance on terrorist network within its country. u.s. ambassador to the un nikki

haley announcing earlier this week that the u.s. would continue to withhold $255 million in military aid. in retail news, we've got more than 100 sears and kmart stores closing in march and in april, sears announcing the list of unprofitable stores, 39 sears, 64k marts and more than half the country, store employees will be paid severance. the liquidation starts january 129, that's not the only bad retail news for you, macy's is planning to cut 5,000 jobs and close 7 additional stores, they have announced 74 stores due for closure as they approach goal of eliminating 100 locations in all. good holiday season for those stores but now reality hits us and we have closures and layoffs, cheryl. cheryl: even with consumer spending doing so much better,

investors, they are gearing up for the release of a december's job report, if people had job's, they are going to spend money, economists expect the economy at 19,000 jobs. let's bring more to talk about the bigger story, economists peter mauricie, professor at the university of maryland and doug flynn, guys, good morning. >> good morning. >> good morning. cheryl: peter, i want to talk to you about the job's report, we added we think about 2 million jobs in 2017. we hit 25,000 on the markets yesterday, the economy seems to be firing on all sill -- cylinders, do you think the same drivers will be going on, peter? >> i'm expecting housing is to be stronger and investment because of tax cuts be stronger. consumers will likely take a quarter off like they did last year.

after that, we can continue to see 3% growth for three quarters as we did this year and overall come about the same as this year which means more profits, stronger market, so forth. cheryl: you know, it's interesting, doug, i was looking at the run-up of the markets, we hit a historic mark yesterday with the dow, that was the fastest 1,000 point gain in dow's history ever since the index was created. markets, of course, as we can see the 73rd record close under pith we had yesterday. that's the political side, that's the optimistic side, doug. that's the emotion, do you see that in the numbers? >> we do, i think that the gdp is improving, the job's picture is improving, you still have a great backdrop, last year's momentum is carrying into this year, there's no reason why it can't continue. look, when you've had years of 25% or more in the dow, it is followed on average with an adjustment of 8 to 11%, that's been what has happened in the

last ten times on average, but those are just opportunities to get back in if you have been sitting on the sidelines, a lot of people have actually been leafing the market, average investor, they're not even really participating as much as you might think they are. so there's a lot of opportunity and the backdrop is still very good into '18 as it improves. cheryl: disappointing, peter, to hear that so many americans are still not participating in what could have been amazing growth of their own income ifs they had looked at stocks but they were squared after the great recession, peter, that makes sense, at the same time, we have to watch for the wages listing and the job's report this morning because we have seen somewhat wage growth. >> it's not just tightness in the labor market, the fact that productivity growth is starting to pick up, you really can't pay

people more unless you can charge higher prices and international competition keeps you from doing that most of the time or you get more productivity out of the workers that you have and we are starting to see a lot more of that. i think that's very positive. you know it's funny when you ask people about the economy they say it's good, when you ask them about the stock market they are saying, i'm staying out. i bring some of this from hysterics from the left that trump is going tank the economy and sort of scares people. that's a terrible mistake. i don't know anybody that can time the market, i don't know anybody that can time the market, people shouldn't just be doing that, they should be putting money every month. >> that's the thing, doug, that's great advice, but at the same time why is the fear still out there with the average american? why are they still afraid? >> peter may appreciate this, do you know that only 22 states require economic's course in

high school and only 17 require a personal finance course and i think that some of that basis when you're younger, what more do you need to know about your own personal situation throughout your life than some of those things. so i think it's a little bit of uncertainty and lack of knowledge in that area and maybe a disbelief, but we strip all that away and fundamentals have very strong. cheryl: peter, really quick before i let you go, big change later this month, janet yellen will be saying do, we will have jarome powell. long-term i question whether a lawyer can handle a crisis, for example, the manner of alan

greenspan or ben bernanke. can now guide the federal reserve would be the equivalent of making the cleark at the supreme court for a couple of years and say, appointing me as a justice. i'm kind of skeptical about how he's going to manage a crisis. cheryl: i think you you would make a great supreme court justice. >> thank you. cheryl: thank you so much for getting up so early. we will see how the jobs come out a few hours from now. >> my pleasure. lauren: coming up, we will have more fun because it wasn't regular new englanders to battled blizzard-like conditions yesterday, tom brady and patriots caught in the bomb cycle as well. jared max has that story and would you eat this, blue burger? cheryl: of course, i would. lauren: i'm on the fence. your opportunity to go blue in an and a half game is this weekend. that's an ice cream cone.

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lauren: looks like they might be riding together. quick silver pairing company, acquiring for $315 million, both quick silver expanded rapidly in 1990's selling snow gear but they struggled recently with declining sales. the deal value billabong. 1 australian dollar per share.

cheryl: interesting match-up. no bombcyclone of a blizzard could get patriots from going to work. jared: patriots didn't technically play football in the storm. new england coach had mantra for his team. no easing up. they don't even play this weekend. they still had the pract yesterday, the blizzard won't be accepted excuse for being late but warm and fussy coach did not make players practice in conditions, they walked through the blizzard, long walk to get to this indoor practice bubble. patriots don't play until next weekend. postseason begins tomorrow.

on fox saints will try to beat the panthers a third time this season. new orleans is favorite. nba last night. golden state warriors and houston rockets, nine games, they beat the rockets 124-114. they open the final open on 8-1 run, steph curry scored 29 and klay thompson. tiger announced yesterday that he will play in farmers insurance open january 25th, he will compete in mid february. first major event of 2018, tennis calendar will not include defending champ serena williams. she will not be able to compete in australian open, serena still

recovering from childbirth last fall. national title game from alabama and georgia, check out georgia senator pay tribute to home style bulldogs right on the senate floor. >> i wish alabama a lot of luck on monday night but not enough to beat the bulldogs, we will be in my home state of georgia in new athletic facility in mercedes dome, i will say go dogs on the floor of the senate. jared: at the jaguars home play, the team is getting colorful. the jaguars will offer buns on burgers that will be the color teal, official color of the jaguars, teal-covered ice cream and busch producing beer -- cheryl: teal. jared: yes, teal beer. cheryl: it's just food dye.

if i'm a jaguars fan -- lauren: would you rather eat a teal bun or burger. jared: i like that the bun freaks me out i can just eat the burger. they make blue pet food. cheryl: besides that -- jared: have you ever seen nb get -- somebody get beard ripped off literally? it's pretty cool. john, known for the beard, check out the fight against toronto maple leaves. they start going at it. thornton is know for multicolor bushy beard.

watch what happens. that's his beard. that's his beard. how does that happen. >> i want to see it again. cheryl: i'm good. jared: it just cracked. >> who knows. facial moisture will take care of that. cheryl: always entertaining. have a teal weekend. jared: minus 8 outside. we will watch sports. cheryl: you can catch jared max in fox news headlines 2/7, siriusxm 115. lauren: we will check what stock markets are hitting global records too. we will be right back. ♪

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cheryl: london stocks touching record high,nina, what is driving the buying over there. should u.s. investors be looking into european markets? >> well, could be a good move for u.s. investors to look across europe because share prices are cheaper than the u.s.

-- many of the u.s. counterparts although they have risen as you have pointed out and the ftse hit a record high yesterday on thursday and it's already approaching more gains today, we have seen utilities rise a lot that comes on the back of a more positive sentiment across europe. it seems brexit impact is not as bad as expected and that's driving stocks in europe and the stock 600 and ftse 100 and that could be something for u.s. investors to look out for. lauren: here we are talking about the markets climbing 24,000 to 25,000 for the dow industrial average, a rally that's not participated individual investors have been pulling money from mutual funds, what's behind that move. >> well, as you said, we have seen quite a pullout from individual investors since 2012,

there's been around 1 trillion that has been pulled from retail investor mutual funds and we have seen a lot money going into safer bonds and also into exchange traded funds, experts are saying that many individual investors don't really believe that the market will hold on to the highs for very much longer and also from individual investor's point of view relatively expensive to join the rally at this point in time, so we have seen quite a number of people pulling out here. cheryl: nina, thank you very much, it's been great to have you. lauren: thank you for joining us on fbn:am, it is job's friday. the week flew by, it's already job's friday, maria bartiromo. maria: the week did go by quickly,-o, laid united states, good morning to you and to everybody, it is job's friday, we look forward to this day every month, friday january 5th, top stories 6:00 a.m. on the east coast. rally rolls on.