park your money short. [closing bell rings] liz: it's a friday. jamie, andy, thank you so much. wild rally on friday. the dow is up 734. the nasdaq is the star up 275. have a great weekend. >> that's a good one. huge rally on wall street. stocks soaring today after the jobs report blows away expectations. then surged even higher after jerome powell signaled the fed will remain patient on rate hikes in the new year. the fed chair even having a few things to say about president trump tape the comments are coming up. the dow ending the day up 743 points. not bad. connell: not bad. melissa: i'm melissa francis. connell: i'm connell mcshane. this is "after the bell." pretty much everything we said this time yesterday, try the opposite. the nasdaq up by 275 points. s&p up 84.

for the nasdaq, that is more than 4% advance today. which is huge. fox business team coverage. phil flynn on the floor of new york stock exchange and edward lawrence at white house. kristina partsinevelos on capitol hill. let's start with the day on wall street. susan, take it away. >> shall we? animal spirits are back on this friday to end the first week of 2019 in positive territory. i couldn't find any sellers up here. up volume, down volume, my goodness, all on the upside. very little, hard to find any sellers today. on the back of jerome powell seeing there is no preset path for interest rates going forward. of course the jobs report which was blowout, almost twice the number of jobs expected for the last month of 2018. so dow, s&p 500, nasdaq, all positive, all in the green. for 2019. talk about individual movers. netflix soaring today, up 10% as

it got on to goldman sachs's conviction buy list. the bank advises for its clients to pick up and netflix has had a pretty good year. up 30% over the past 12 months. lowe's, very exemplary of tight labor market. best year of job creation since 2003. lowe's adding 65,000 jobs in 2019. including 10,000 permanent positions. guys? connell: susan, carol roth, former investment banker, creator of future file legacy system. paul after ersano. we'll start with you first. we'll talk about the jay powell comments susan referenced of the does he have a feel for the markets to borrow a phrase? what do you think? >> he was flanked by his wing men there. yellen and he had bernanke and i think he had a better sense what

the markets wanted to hear. not that should be his mandate, boy, were investors happy to hear from him. not only on interest rates. the connell, the other interesting thing, they might take a different position with the balance sheet. we heard from him they were thinking about europe and strong dollar and some concerns investors have been airing last couple weeks. a lot of happiness from investors to hear from jay powell first time in long time. connell: this idea he will listen, be flexible. there is no preset path, paul. it is kind of interesting to investors, top two concerns that come up are china, we'll talk about in a few minutes and federal reserve. does the powell commentary today take the federal reserve off the table as a concern? >> i don't think the federal reserve is ever off the table but i do think the chairman is taking a very reasonable approach. i mean there is underlying bit of a disconnect between the data and actually the markets. i think by taking this

long-term, sort of patience wait and see approach it is leaving them a lot of optionality what to do in 2019. melissa: all right. a blockbuster jobs report. the economy adding 312 jobs in december, blowing away expectations of 177,000. it is the highest since february. the unemployment rate climbing to 3.9% as more americans join the labor force. paul a lot of times people say fantastic results like these are backward looking. it doesn't tell you that much about the future but we saw wage growth in here as well. what is your take on that? >> i think there is nothing really to like about this jobs report. 3.2% wage growth over last year i think is fantastic. i think what is ultimately happening, growth in wages, driving people in the labor force hence the increase in labor participation rate. you see slight uptick in unemployment because only more people are entering the workforce, looking to fill many jobs out there and resulting

from the wage growth. melissa: carol, i mean there is a seasonal element to this in december but at the same time, they almost doubled what the expectations were. >> yeah. i think the seasonal element if you're hiring for the holidays, you're hiring before december. melissa: that's true. >> i don't think there is that much after seasonality to it. what i do have to say about it though, thank goodness this came out at same time we heard from the fed because sometimes, from the market, good news is bad news. with such a home run it could be perceived as fed, reason for the fed to be a little more hawkish. we had counteraction of i am coming today. melissa: that is great point. >> i think the whole thing balanced out t worked out to everybody's favor and the economy is back on. connell: let's get to what happened in washington today. the president is saying he is is not backing down. president trump reiterating he won't reopen the government until the border issue is resolved. so the shutdown continues and could for quite a while. edward lawrence at the white house today where the

president spoke to reporters a short time ago, but he didn't speak for a short time. he spoke for quite a while. edward. reporter: sure didn't. took a lot of questions related to what is going on. the president is forming a work group to work through the weekend and negotiate with democrats to try to end this stalemate here about border security. also the government shutdown. in that work group from this side, from the administrative side, vice president, kirstjen nielsen, secretary of homeland security, jared kushner. they will negotiate with democrats through the weekend. the president said he doesn't want to do it through piecemeal. he wants to settle border funding, open the government, and get it funded through the year and get it once and for wall. >> we won't open it until it is solved. we think it's a much more bigger problem. the border is a dangerous problem and much bigger problem. it's a problem of national security. reporter: the meeting was described as candid, contentious, productive depending who you ask.

democrats say you can't negotiate on border security until the president agrees to reopen the government but there will be talks this weekend. listen. >> we needed the government open. he resisted. in fact he said he would keep the government closed for a long period of time, months or even years. reporter: the president owned that saying government employees, at least some government employees support his position. they want to see the border security as well as rest of government funded. the president's economic advisors are saying every two weeks we see a government shutdown, it's a .1 of a point off gdp growth. they also warn that january job numbers will be negatively affected because the government employees won't fill out household surveys. the president owning this thing. it could be shut down for months, even years. back to you, connell. connell: edward lawrence there, at the white house. melissa. melissa: carol what is your take on that? >> i love that he is channeling tom petty, melissa. he won't back down.

and i think that this something we've haven't seen before. usually shutdowns are a lot of political theater, the fact he is willing to stand tight, something people should admire. something incredibly important. i think we do have a backstop. if you think about the democrats, eventually if we keep the government shut down, we find out these people really aren't necessary, then we have argument to make maybe they never need to be reopened. so eventually they need to reopen them or we get the argument. so i think the president is actually in a very good negotiating position. melissa: paul, it could be tom petty. could be imagine dragons, whatever it takes, we could play the game all day. what do you think is the end result of this? i mean carol's idea that people don't notice a difference, uh-oh? >> i'm a little more concerned about it. listen, look how we started off the year with a split government. what does this mean for the let's of the year and the rest of president trump's presidency?

you know, are we going to get anything done? are we going to continue to have bottlenecks with bipartisanship. melissa: do you want them to do stuff? what do you want the government to do? if you're looking from a market perspective, we don't want them succeed in increasing taxes or adding back that regulation or, i don't know, just from not from personal, from a market perspective, how much do you really want them to do? >> i agree with you from that perspective. i'm less in favor of government intervention but i'm assuming that these folks have real and important jobs in governing the united states. melissa: i don't know. get connell on that one. connell: don't get me involved in that. talk about china which is what we are going to do now. trade talks are resuming. china and the united states coming back to the trade table. looking for common ground in the mid of the trade war. president trump trying to inject optimism today. listen. >> china is not doing well now, and it puts us in a very strong

position. i think we will make a deal with china. i really think they want to. i think they sort of have to. and i think we'll have a great relationship. connell: so the optimism, paul, from the u.s. perspective. the president says we're in a better position than they are because of a strong economy. should point out these talks will start on monday, with relatively low ranking officials. how much should we expect out of all of that? >> tough to say. good news we're talking. good news china confirmed the talks. we'll have to see what happens. i think if nothing else, people probably underestimated how much the u.s. and china are intertwined. and i do think it is in everyone's best interests to work together for something that is ben official to both countries an beneficial to the people. connell: ubs, carol, had a report to paul's point, 37% of manufacturing companies they surveyed shift the out of china over the last 12 months. another some 30% plan to do so in the six to 12 months because of the tariffs.

so, yes, the tariffs are working if your goal is to weaken the chinese economy but as paul says, as apple said this week, sometimes u.s. companies feel that. so tough to know what we should be wishing for. what is your thought as we go into the next round of talks? >> i think if you talked to most ceo's and business own earns they have what is called a china plus one strategy which means they're starting to look for supply chains out of china, not just because of trade but the fact they're not really an emerging economy anymore. it is getting more expensive. maybe this is a catalyst to get them to change that. but i'll tell you what, connell, they have been, these talks have been on again, off again and more than ross and rachel from "friends." melissa: well don. connell: on a break. references we got them all. covered a lot of ground. good to talk to you both of you. melissa: oil snapping a three-week losing streak, closing up more than 5%. what's your take on that one?

>> you know it could be a real turning point especially if we get a trade deal with china. that is where a lot of optimism came into the oil market today. china put more stimulus into their system. there is talk after trade talk in oil got a nice bounce on that. we also got data, melissa, from the energy information administration that really shows refinery utilization at all-time high for this time of year. refiners are pumping out as much product as they possibly can. we saw that of course with the big build in gasoline supplies. a big build in distillate supplies. which moderated all the excitement that we saw in the oil market early on. make no mistake about it. right now what we're seeing is very strong demand for oil. no slowdown at anytime. another interesting note in the report, if you are looking towards opec, whether they comply with production cuts, the imports that we brought in from saudi arabia hit the lowest level since june. make no mistake they're serious about cuts.

melissa: interesting. fill, greatnal dis. connell: dow closing higher by 747 points. what america is president is planning to do when it comes to troops on the ground in afghanistan. vice president mike pence, making comments on strategy and administration effort to keep us safe at home. melissa: we'll tell you the far out one new democratic congresswoman is suggesting when it comes to paying for an agenda. here's hint. has to do with raising your taxes. by a lot. connell: a lot. melissa: a lot. connell: a lot. undoing the damage done. that is what newly-named house financial services chairwoman maxine waters is planning to do in a new role but what could her actions actually mean for you and your money? what does she have the power to do? steve forbes coming up on that, and more. ♪

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beyond fast. connell: not stepping down. stocks surging today after jerome powell said the central bank will remain flexible on rate hikes in the new year. he also told investors he would not resign even if president trump were to ask him to. here is steve forbes, forbes media chairman. we were talking, steve, earlier in the show, already about his comments on interest rates. let me ask you about his

reaction or answer if he was asked if he was would rye sign if the president asked him. basically what he had to say? >> that is what he had to say. the p wanted him out, willing to go to war on it. he would be out. harry truman did that twice with his federal reserve chairman. the fed is a agency of congress. a political agency. they try to pretend it was put in the original constitution. connell: you don't think in this modern day with all the focus on the independent federal reserve the fed chairman could with stand a president that wanted him out? >> if the president wanted him out, roesch remember the treasury by law set is dollar policy, not the federal reserve. treasury department, executive branch, will reform, guarantying future independence, but if you wanted him ultimately out, willing to spend political capital, out. connell: you're not predicting that at all. >> powell got the message. he already backed off, even

though he made the rate raise in december, by golly we'll look at data. that is surrender. connell: he sort of said that last time. this time he was careful to drive home the point there is no -- >> he wanted the white house to see the white flag was up. connell: you interpret it this blinking or caving to wall street from jay powell today? >> yes the pressure was there. and he responded to it. connell: does that hurt his credibility long term? >> no, i think it guaranties his existence. connell: [laughter] that is an interesting answer to that, right? whether it hurts your credibility or not you're still in the job. >> you still get your paycheck. connell: that is very interesting, steve. let me ask you about another topic while we have you here. that could be interesting in the new congress, undoing quote damage from president trump's acting chief of staff. congresswoman maxine waters says, that will be one of her top priorities for the consumer financial protection bureau. this after taking over the house financial services committee.

take a listen to this. >> the last two years have been very dangerous. i have been appalled and surprised at how blatant it has been. this administration is not at all concerned about the welfare of the average family. connell: she is referring to mick mulvaney who was heading up, one of many jobs he had, consumer financial protection bureau. does she have the power to do what she appears to be referring to you think? >> she will try to put pressure on it. this agency is very unique. i'm surprised courts haven't thrown it out. it doesn't answer to the white house or congress. mulvaney, when it moved against auto dealers, it didn't have to justify how it got data. it didn't have justify anything. it was dictatorial agency. connell: start the by the way most people know elizabeth warren. >> one of her creations. connell: yeah. >> was brought in under the obama administration.

so, she can fulminate all thee wants. as long as president has right person there, they can rein it in. connell: big picture with max teen waters taking over key committee in congress. there was a lot of talk before the midterms this would be a big deal for wall street. when trump administration came, they liked taxes cut and also liked regulations being rolled back. are we seeing a change in that business-friendly environment do you think? >> if the president continues with his deregulatory agenda, with control of the senate he can do, i don't think they're going to make much headway. the key thing is though, to make sure you have the right people in those agencies because they read election returns to if they think the president is vulnerable in 2020, they will slow down the pace of deregulation. what they will discover is, against the president they have run somebody against him. connell: it's a choice. >> yes. connell: it becomes binary by the end of it. we'll have more for you by the way a little later on in the

show. thank you. steve forbes. >> thank you, connell. melissa: finding common ground. speaker nancy pelosi calling for unity on her first day with the gavel. is she ready to make a deal with the president? is ready? rising home prices are not turning first homebuyers away. a new trend taking over the u.s. ♪ in down markets. so you can be less concerned about your retirement savings. talk with your advisor about shield℠ annuities from brighthouse financial, established by metlife.

connell: facing off, over the border wall. lawmakers meeting with president trump today with this government shutdown hitting day number 14. so can speaker pelosi and the president strike a deal to get back up and running again? kristina partsinevelos is live on capitol hill for us this week with the perspective from there. kristina. reporter: let's start with the latest. you have president trump saying that he is is considering declaring a national emergency in order to fund the wall. if we break that down though, we know that they're reviewing funding going to the department

of homeland security, money there. what the president wants to do is take some of that money put it towards the wall. however that is not constitutional because you need the senate as well as house prepare operation committees to -- appropriation committees to review that. that is the situation he is facing at moment. here there is a shutdown. lawmakers working towards it. there seems to be working no progress. two weeks they're going back and forth at this. earlier today, house speaker nancy pelosi speak to reporters. right now at the white house, she said you need an open government to negotiate. listen in. >> we all, we, recognize on the democratic side that we really cannot resolve this until we open up government and we made that very clear to the president. reporter: i've been watching all interviews with nancy pelosi. she has been very adamant, not even a penny going toward this is wall. meanwhile you did have a republican today, he spoke, minority leader mccarthy who said, who is very, very

optimistic about this. listen to this sound bite? >> i actually felt good about the progress that we made. we didn't agree to anything but there is, in the discussion that we had, i could find a lot of areas we could agree on. we had good discussions about the other challenges from there. so i thought it was an improvement -- reporter: the problem though is that, starting to see cracks within the gop. yesterday he had five that voted with the dems on one bill. seven voted with the dems on another bill. they're stuck in the middle. they're stuck in the middle between president trump and push to fund this wall. they're stuck between the effects of this growing, consequences of the shutdown. the shutdown, which we know congress adjourned until tuesday. possibly couldn't open until wednesday. that makes 18 days for a partial shutdown. a lot of american people are not happy about this. back to you. connell: 21 is the all-time record for those keeping score at home. kristina partsinevelos, on capitol hill.

melissa. melissa: joining us republican congressman drew ferguson from georgia. the chief deputy whip. he also sits on the house budget committee. congressman i listened to the president. i don't think he was serious about using national emergency in order to build the wall. seems like a lot of people got trolled with that one. in your opinion, how much progress is being made because it seems like it would be made behind closed doors. then everybody would come out to the microphone and talk their side anyway? >> well, i, you know, i was optimistic when i saw leader mccarthy come out, heard his words, he felt like there was progress being made. but then you really look at the reality of it, nancy pelosi, and the democrats simply refuse to negotiate with the president. their position is zero funding for the wall and they are certainly more interested in helping people cross this border illegally than they are protecting american citizens. melissa: but everybody is kind of dug in, says that about the other side. they're not willing to negotiate

and i wonder since you have an inside seat is it different behind closed doors when everybody isn't posturing for their constituents? we heard earlier today that lindsey graham is trying to put together a prepare of people to come together to figure out middle ground, especially both side in reality probably actually want some for of border security. a fight over how much money and what it looks like? >> first of all let me say this, the government shutdown, nobody wants to see this happen. i have many constituents in my district that work for government agencies such as air traffic controllers, they need to be paid for work they're doing. they do, very, very important job for us. so we are working. we have been, house republicans have worked very hard in very good faith over the past few weeks to make sure that we could open. when you have a leader like pelosi says we will not budge on this, that is not a negotiation. she has got to come up somewhere. let me ask you this question. if she acknowledges that the there needs to be some sort of

border security and that is a real threat to the u.s., why are we fighting about the money of it? keeping amount of money? keeping this nation safe should not have a cost. we must do what we can -- melissa: a lot of what is being fought over i think is semantics and word wall. she is saying no to wall, but yes we're in favor of the security, whether that is true or not. the president moving away from wall a little bit, saying this. take a listen. >> a see-through wall made out of steel is far stronger than a concrete wall. so i'm very happy with it, i think, i think, i'm not sure, but i think that's what the democrats prefer. anything that the democrats need to call it because i'm not into names. i'm into production. i'm into something that works. melissa: call sitting different. democrats have voted in the past for a steel fence, that is not a wall. so is there something in there where you guys can get together to call sitting else and make it

look like a see-through steel wall and we can all get past this? >> think about the conversation that we're having right now. we are worried about emis man ticks. we have people that dying every single day from drug overdoses, from illegal drugs come -- melissa: we're not worried about sell man ticks. think people in congress are. american people see through all of it? >> i don't think a lot of members of congress are. nancy pelosi is, is she willing to build something or isn't she? are the democrats willing to close the border to keep americans safe or are they? doesn't matter what you call this. let's get something done to make sure this government opens but make sure we keep americans safe. it is time, it is time that we do this. it has been long past time that we do this. melissa: congressman, thank you for your time. appreciate it. >> thank you. connell: we have big push from one side of the aisle, new democratic house moving a step closer to pushing what they call medicare for all but will they end up with enough support for what is really a far left

economic idea? plus controversial pitch. newly-elected congresswoman alexandria ocasio-cortez suggesting just a massive tax hike. melissa: it's huge. connell: steve forbes back to respond to that. ♪ because my body can still make its own insulin. i take trulicity once a week to activate my body to release its own insulin, like it's supposed to. trulicity is not insulin. it works 24/7. it comes in an easy-to-use pen. and i may even lose a little weight. trulicity is an injection to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. don't use it as the first medicine to treat diabetes, or if you have type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you or your family have medullary thyroid cancer, you're allergic to trulicity, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away

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connell: to some breaking news. fox news confirmed the last few minutes the federal grand jury in the mueller investigation has been extended. now the original term of this

special grand jury was 18 months. that term expired today. sources close to the chief judge of the washington district court have told fox she extended that term of the particular special federal grand jury in the mueller investigation. sources in the courthouse will not confirm whether the extension is another six months. the typical case a grand jury term would cap out at 24 months. is why we're saying it may be for another six months. more as we get it. melissa. melissa: free-for-all. you know how the free goes. democrats taking first steps towards medicare for all. planning to hold hearings on legislation first introduced in 2003. forbes media chairman steve forbes along with hadley heath manning, independent women's forum policy director. steve, what is wrong with that plan? a lot of people who have medicare think it is great. >> it is great, because it is subsidized f you extend it to all, you will have a blowout in

spending, what most countries have, is rationing. that is how they control budgets. you just don't get care when you need it or want it. in england, diabetes, dialysis, above the age of 60 or 65, never get to the head of the line. we don't want rationing. that is what is wrong with this. melissa: hadley, it is a push towards a single-payer system. which would be us, the single-payer is the taxpayer, to pay for all sorts of health care. it would in the long run create a two-teared system, people waiting in line who couldn't get what they needed if you had means, you would find a way to pay for it privately. do you think that democrats realize that? >> you know, i'm not sure if they realize that or not. certainly the everyday american who hears about medicare for all, this is the latest verbiage, used to describe single-payer, socialized medicine, an idea been around for a long time but sort of threatening to become more or less a shallow slogan rather

than a plan. i'm looking forward to democrats having hearings. an idea we ought to examine, certainly criticisms steve mentioned worth talking about. as public support increasing for medicare for all, we see that support is very malleable. when people do find out some of the details, they tend to support it less. we've seen states like vermont and colorado turn around not implement single-payer plans like this. that is important evidence to consider. melissa: steve, do you really think a hearing would change people's mind? because people wanted obamacare. they were convinced even though the math didn't work out, somehow everyone would get care, we would all pay less. they had the hearing. people said no, it will not happen. they put it into effect. it didn't happen. it is going away, they want it back. i don't know how rational people are. >> the problem we don't have real free markets in health care. people are getting crushed now by deductibles. most companies have high

deductible plans. fortunately some of them combine it with a health savings account so you're not left in the lurch. melissa: yeah. >> but people are now paying in this country out-of-pocket for medical care today, almost $400 billion a year, just about as big as the entire travel industry. so that is going to change health care and more government control, people don't believe promises anymore. they're promising you keep your doctor, that kind of thing. melissa: i know one promise, hadley, that the government wants our money. get your take on congresswoman alexandria ocasio-cortez's plan to pay for her environmental agenda by taxing the wealthy. listen to this one. >> but once he get to like the tippy-tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70%. that doesn't mean all $10 million are taxed at extremely high right. >> we'll you're talking about radical agenda. >> call me radical.

melissa: isn't that a fantastic idea, tax your last dollar. make it 80%. whatever it is. >> she mentions that in the mid 20th century americans, very high earning americans faced very high marginal tax rates but, the rest, important history to know that the effective, effective tax rates on high earners in the mid 20th century weren't that much higher than what those americans are paying today. so you can have a very high tax rate. that doesn't mean that people are actually paying that rate because of course we know high tax rates, can discourage productivity but they can also encourage other behaviors where tax, people who earn a lot of money can basically manipulate the income to shield a lot of it from taxation. this is not the the solution for that plan. melissa: no one will work for the 10 millionth dollar if you take 70% of it away. absolutely. >> thank you. connell: turning now to the bank

of mom and dad. rising home prices are sending more first-time homebuyers to their parents for cash. in fact more than 26% of the mortgage borrowers using federal housing administration loans got financial assistance from a relative to make a down payment in the fiscal year that ended september 2018. from the agency's annual report. that 26% up from 22% in 2011. relying more on their parents. there you go. melissa: a little help. better than living in the basement, isn't it? connell: speaks to, they're saddled a lot time with big time student loan debt. that is why mom and dad have to ask to help out. melissa: they don't have to do it. connell: there you to go. melissa: major military move in limbo. why vice president mike pence is evaluating whether to pull troops from afghanistan or not. what it could mean for our national security coming up. plus an american detained in russia. the latest on the u.s. citizen charged with alleged espionage,

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melissa: spy games? more questions than answers in the case of an american charged with espionage in russia. fox news's benjamin hall is in the london bureau with the details. benjamin. reporter: for the moment this is russia's word against whelan and whelan's family's word. russia say he was caught

red-handed in the act of espionage. whelan's family says he was there for a wedding. whelan's lawyer is seeking bail. russian courts have to the 24th to decide. russian media said he spent deck raid developing contacts in russia leading up to his arrest last week supposedly with a flash drive containing list of employees from a secret russian department. whelan's family says he just loves traveling. he loves russia. he was helping to arrange a friend's heading. much remains unknown about whelan, who lives in this house in michigan. emerged he also a canadian citizen, british citizen, possibly an irish citizen. today the british foreign minister spoke out. >> individuals hud not be used as pawns for diplomatic leverage. we need to see what these charges are against him. understand whether there is a case or not. reporter: whelan is being held in an infamous prison.

his lawyer says he is in good spirits. he plans to plead not guilt i. hopes whelan can be swapped for a russian behind bars in america. presumably to betina who pleaded guilty to acting a foreign age sent in the u.s. neither the russia or u.s. has made any suggestion of an exchange. everyone really waiting for more answers. what will whalen's movements in russia and what evidence does russia claim to have bense him. many experts fearing whelan may be used as a pawn. in london, benjamin hall. fox news. melissa: wow that is complicated. connell: that is some story. meantime no sympathy for apple. president trump taking on tim cook again. the commander-in-chief's latest request for the tex giant coming your way next. ♪ leave your data protected on-site,

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>> if it is, talking will begin on larger immigration matters having to do with daca, having to do with other things so that is taking place. we may add a few things on to our discussions over the weekend. connell: all right. so president trump did leave the door open to making some sort of a deal on the dreamers and he says other immigration issues in the wide-ranging hour-plus news conference we talked about earlier. our politics panel, republican strategist, ford o'connell, chairman of civic forum pac, former north carolina democratic congressman brad miller. start with you, congressman miller. there was a lot going on in that press conference today. a lot of back and forth on all kinds of difficult issues. one of the things that stood out to me, the president is open to what many of us think is the endgame, some sort of a tradeoff

that involves the dreamers. is that where we end up? >> maybe. i have no idea where we're going to end up. i would have never expected to be here. that seemed to be a deal that was available and logical several months ago and collapsed because of hard-line, anti- immigration advocates were hard against it. so trump dropped it. and then it appeared that there would be a deal. there was a deal. the senate passed a spending bill that simply did not include money for the wall or the fence or the barrier or whatever it is called. and that appeared to be acceptable compromise. and then that got dropped too because of opposition. connell: you wonder whether this time, the president blamed, ford, a court case. whatever the blame was past it would make sense for both side. it is still a win-win, just a matter of time, no? >> i think this is savvy political move by trump.

he is trying to portray himself as honest broker in this iteration of that fight. he is is trying to move it from a political food fight over wall funding so larger policy fight over border security because the one thing the president can gain leverage on here, when he talks about border security as a whole, pretty much how irrational the democratic position has become over the last several months. just a month ago they were saying walls don't work. now today nancy pelosi is saying that walls are immoral. this is win, win for him. he has to make it a much broader argument. frankly he can't open the government. if he opens the government, the problem spotlight will not be on border security. that is what he wants. connell: that is what he said by schumer and others, let's open it and talk about it. what is interesting, a huge story for us earlier in the week what apple said about china. the president was asked about that, gave a somewhat curious response. we'll talk about it. here is the president talking about apple. >> apple makes their product in

china. i told tim cook, who is a friend of mine, who i like a lot, make your product in the united states. build those big, beautiful plants, that go on for miles it seems. build those plants in the united states. i like that even better. apple makes its product in china. china is the biggest beneficiary of apple, more than us. connell: somewhat curious, ford, issue with apple, they said earlier in the week is chinese consumer, not necessarily products they're making and shipping over here, but the products selling in china is their issue. the question is whether the president's trade war is hurting business in china selling to chinese consumers? >> i like what the president said with that i but i understand what you're saying. apple's problems are much bigger than weak chinese economy. other than trait tensions. the smartphone might have matured. i would like to see him say apple coming back because it is biggest brand, but what about caterpillar and cummings.

connell: we have to cut it a little short. i apologize. melissa has breaking news. >> what what do we. melissa: president trump, story in "the new york times" regarding jim webb being considered as next secretary of defense is fake news. i'm sure he a fine man. i don't know jim, i never met him. patrick shanihan who is acting secretary of defense is doing a great job. connell: you wonder if that means shanahan would be favorite to get the job on full i time basis. melissa: it seems like it. i wouldn't read any implication into tweets than the bold fake news. connell: at that was came from article written. jim web is democrat. article written about the fact he might get the job. i guess not. melissa: apparently not. connell: we'll put the president down as a no on jim web. easing tensions, president's top policy advisors heading to middle east, trying to calm allies on a rye move of troops from syria. what it could mean for the future of relations. that is next.

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connell: president is in the process of evaluating options about what is been, as you know, tougher and it's been an 18 year conflict in afghanistan and determining what our best options are in terms of putting america first. melissa: vice president hinting at a slowdown to withdraw from troops in afghanistan. where does it lead the president defense strategy? joining us to react is michael o'hanlon from the brookings institution. how do you interpret the vice president comments do you think that he's definitely speaks for the president or is this a broader viewpoint? >> good afternoon. i heard singleness so he was right to allow himself to be

speaking for himself but the president by virtually saying nothing that was fighting. reminding people that this has been a long war, first in the war but at the same time america has interest he did not get into what those are. primarily they are counterterrorism interest printing and other al qaeda or isis launched attack from afghan territory or attack on pakistan's nuclear weapons from that area. vice president could have got into that but would have been leaning forward suggesting were going to stay. at the minimum to see to answer the question but not to commit. melissa: president said he was taking troops out of afghanistan and syria and it was a campaign promise. at the same time those who have supported him in many generals and in the military lined up to say it was not a good idea. in your mind that the strike you as someone who would reconsider after being it given by advice

by people he normally listens to and someone who when he said something and makes a promise he does not like to change it. >> i'm not a supporter of president trump but the answer to your question is yes. i haven't seen him reconsider on issues in the two years he been in the white house. not a fan of many us alliances when he came in but cap those are not a fan of nafta and modify that but took his time to do so. he does not like to completely reverse course but when he has different promises - as many politicians do not just trump but he spent time wrestling with them. here he said he wants to reduce forces in the middle east but also said was to protect the country from isis and al qaeda. those goals cannot be completely consistent. has to spend time figure out the best policy that maximizes partial encouragement of both. also, you might say his struggles on afghanistan are not entirely different in president obama's. two men are not usually compared

to each other as similar thinkers but on afghanistan they both have been torn in ways that have echoes of each other. trying to get out but recognizing if we get out too fast we could create terrorist thing she worries. melissa: thank you for your time. we appreciate it. rate insight. >> my pleasure. connell: what a day in the market. what a week in the market. before we go up 740 points in the dow and dow jones industrial average we take a moment for good news and congratulations to one of our terrific producers who has recently become engaged to be married. melissa: mike using it right there with jamie, very sweet. they got engaged we wanted to say congratulations to them. back to the markets. we don't want to get to sapi. dow up 746-point and the other industries scoring as well. the driver the jobs report but

also talk tree talk to china are back on for next week potentially the federal reserve saying they may not be in such [inaudible] congratulations, jamie. have. connell: have a great weekend. we'll see you back on monday. "bulls and bears" starting out. ♪. david: wall street tearing a trifecta of good news with the dow soaring more than 740-point best performance following job support in more than 16 years. this is bowls and bears, glad to have you join us. i'm david asman and liz, gary and kevin and jack will join us. with stocks getting up big dynamite jobs report blown away expectations but when stratospheric after the fed share strongly suggested rate hike would be put on hold for a while. further supporting conio