share with us? we'd love to hear it. send me an e-mail or go to our website, strangeinheritance.com. i think china wants to get it resolved. the economy's not doing well. i think that gives them a great incentive to negotiate. cheryl:.lauren: will the chinea deal? cheryl: investors are watching progress on the talks very closely after a run-up on friday, taking a look at futures, slightly to the downside, dow down 19, s&p down 4 and a quarter. lauren: oil prices are rising over optimism about global economic growth. they're up 2.2%, $48.99 a barrel. cheryl: in europe, stocks opening to the upside but now we've got red arrows across the board. you've got the ftse and the dax slightly in the red.

lauren: stocks in asia all upside with japan's nikkei gaining 2.5%. and at the golden globes -- >> thank you to satan for giving me inspiration on how to play this role. cheryl: christian bale gets political, talking about his role as vice president dick cheney. "fbn: a.m." starts right now. lauren: it's 5:01 a.m. in new york. it is monday, january 7th. good morning i'm. lauren simonetti. cheryl: good morning, everybody. i am cheryl casone. we've got breaking news to get to this morning. investors are watching beijing where a critical round of face-to-face trade talks between the u.s. and chinese officials gets underway today. president trump telling reporters over the weekend he is optimistic about the outcome. >> the china talks are going

very well. i spoke to president xi recently. i really believe they want to make a deal. the tariffs have absolutely hurt china very badly. but our country is taking in a lot of money through tariffs, a lot of money, a lot of tariffs. lauren: the trade talks will be the first since president trump and chinese president xi agreed last month to a 90 day truce in the trade war. more talks will be held next week if this week's talks make any progress. cheryl: well, the partial government shutdown entering its third week after no weekend breakthrough. president trump offering to build a border wall with steel rather than concrete as a he potential compromise with democrats. >> we'll build a steel barrier, steel. it will be made out of steel. it will be less object true testify and it will -- obtrusive and it will be stronger. we're able to use our great

companies to make it by using steel. cheryl: nancy pelosi is planning to step up pressure on the president to re-open the government. >> the speaker has awesome powers but if the president of the united states is against governance and doesn't care whether people's needs are met or that employees are paid or we can have a legitimate discussion, then we have a problem and we have to take it to the american people. lauren: hundreds of thousands of the american people, federal workers bracing for missing their paycheck. government disruptions hit the lives of ordinary americans, brian llenas has those details for us. >> reporter: federal workers left hanging by the partial government shutdown say they don't care about the politics, they just need to get paid. >> millionaires don't care about the regular people, you know. they're not similar pathetic to what's going on. >> reporter: the stalemate is trickling down to crucial

services like the domestic abuse hot line, safe alines. they rely on more than $1 million in federal funding to give life-saving aid to people with nowhere else to turn. >> if we can't bring the staff in, if we can't pay our staff, we can't serve as many victims. >> reporter: it is also affecting employees at the accident of agriculture. they can't apply for or pay back low interest loans. >> you're just going to keep collecting interest on that and not being able to pay them back or if you want to borrow, the funds aren't going to be available. >> reporter: president trump's border wall and immigration policy are at the heart of the impasse. the shutdown means many judges are furloughed creating a backlog in the immigration court system. it also means many illegal immigrants are avoiding deportation for now. >> that person won't be going before the judge. the judge won't have that opportunity to deny the application and to order that person removed. >> reporter: those agencies and federal workers do expect to receive back pay once the

government resumes full operations but there's no telling when that might be. in new york, brian llenas, fox news. cheryl: well, there is a change at the top of cbs news to tell you about. david rhodes is stepping down after the network's ratings fell last year following the resignation of charlie rose in 2017 over sexual harassment allegations. jeff beger resigned in september after a confrontation with a cbs news reporter over claims he a acted inappropriately. rhodes will be replaced by susan zerenski. she will be the first woman to lead the news division. lauren: tesla is making big moves outside of the united states. cheryl: tracy has that story and or headlines this morning -- other headlines this morning. >> reporter: tesla is set to break ground on the first giga factory outside the u.s. elon musk tweeted yesterday, looking forward to breaking ground on the tesla shanghai gig

ga factory today. he said he is aiming to finish construction this summer and reach high volume production next year. tesla brought the land last october and said it plans to produce up to 500,000 cars a year at the facility within a decade. tesla is higher in the premarket trading. cheryl: more than one and a quarter percent. apple striking a deal with one of its biggest rivals. lauren: apple and samsung announced a deal to put i-tunes on samsung tvs. it follows last week's report of slowing iphone sales and shows apple's efforts to becoming a tech and media services company too. apple recently launched music services on the echo. apple has an important message even though it's not even expected to attend an event. they put up a billboard on privacy that says what happens on your iphone stays on your

iphone. apple is lower in the premarket right now. cheryl: that's brilliant, that billboard. what movie took the top spot at the first weekend of 2019 box office? lauren: for a third weekend in a row, aquaman tops the box office. >> the only way to stop this war is for you to take your rightful place as king. >> trust me, i'm no king. lauren: aquaman has brought in $260 million in the u.s. and $940 million worldwide. escape room debuted in second place with an estimated milliond $18 million. mary possible inche poppins was. christian bale won best actor in a musical or comedy at the 76th golden globes. but he's slamming former vice president dick cheney who he portrayed in the movie, vice.

>> i will be cornering the market on charisma-free [bleep]. what do you think, mitch mcconnell next. thank you to satan for giving me inspiration on how to play this role. cheryl: two surprise winners, bohemian rhapsody and green book took honors last night. rami malik won for his role as freddie mercury. cheryl: i saw that over the weekend. it was amazing. glen close won for best actress and olivia coleman won in musical or comedy. sandra oh took the you award for best performance by an actress in a television series drama. take a look at this. a woman who stole the show

serving up bottled water wearing a gown. blue gown. she was basically photo bombing lots of different celebrities. this was all over social media this morning. lauren: that's awesome. i missed that. let's take a look at how futures arare shaping up this morning. on friday, the dow surged 746 points. it's still up this morning, it's up 2 points. seen so much volatility and that is a sign of stressed markets. fortunately friday stressed to the upside. still ahead, the u.s. and china are back at the table this morning for a new round of trade talks and president trump says he's objects miss particular but are-optimistic but are the markets as hopeful. and alexandria ocasio-cortez claims the moral high ground against her critics. >> there's a lot of people more concerned about being precisely factually and semantically

correct than about being morally right. lauren: okay. her new robin hood tax plan that could hit you big-time in your wallet. you're watching "fbn: a.m." oh, no, not i. ♪ i will survive. as long as i know how to love i know i'll be alive. oh no, no, no, no, no, no, no... only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

oh, wow. you two are going to have such a great trip. thanks to you, we will. this is why voya helps reach today's goals... all while helping you to and through retirement. can you help with these? we're more of the plan, invest and protect kind of help... voya. helping you to and through retirement. laurenpresident trump says he's optimistic something will be

accomplished at the new round of u.s./china trade talks that start today. >> i think china wants to get it resolved. their economy's not doing well. they're down slow close to -- tn close to 38%. lauren: the markets get good news this week on the trade front. we bring in michael. good morning, michael. >> good morning. lauren: i guess i'm curious, what constitutes a victory here in these trade talks today and tomorrow? >> well, media and market interpretation of headlines that come out of this, so the market is s so fickle these days, that could be a li a litany of thing. china is having a tremendous amount of trouble with their economy. they're kind of running up against a wall. part of that has to do with the tariff that's we a placed on them. the other part is they're largely a closed economy and so what the u.s. wants, okay, for

us to win in this is also a victory for the chinese and that's for them to open things up and start making it easier for other countries and companies that are not chinese to do business there. if the chinese were to open up the markets, the amount of direct foreign investment would explode for them to the upside. lauren: so it pac pays for theo negotiate with us. and they might be in a position economically where they need to negotiate. the numbers that they tell us, if you want to trust them, is that their gdp has slowed to 6.5% growth. i know that's a tremendous number but it's down for china. factory orders are contracting. we're getting anecdotal information out of one of their southern provinces where they export auto parts and electronics, the local government was apparently asked by the national government, by the fed, to stop reporting on regional manufacturing activity because it was so bad, they didn't want it to get out there.

how bad do you think china is really hurting right now? >> you know, china has structural issues. they're a merchant economy, not a free and open economy. when you have lack of transparency and you stop reporting numbers, it's not because things are getting better or going well. the problem is, it's like you china's run by communists. the communists want to centrally plan r, they want to control the economy and for them to prosper long-term, they need to give up control. so the way politics work in china with what will work best for them over time are in direct conflict. so ideally they'll open things up a little bit more because that will ultimately benefit them. you mentioned before, they absolutely need us far more than we need them. they sell us about a half -- $500 billion worth of goods. we only sell them $100 billion worth of goods. that represents 4 to 5% of their economy. it represents with us 0.4% of our economy. we p don't want to put china

into a recession because that will slow the global economy. look, we need to come to a deal because it will be best for everyone. lauren: we need the chinese consumer because they're strong and it's the second largest economy. well, michael, thank you. cheryl: taking a look at futures as we are watching what's happening in beijing and as those talks get underway between the u.s. and china, dow is high by 11, s&p is pointing lower by a point, nasdaq is pointing lower by 5 and 3/4 of a point. another wall of worry for the markets, jay powell eased investors' concerns on friday over whether the fed was on an aggressive rate hiking path. >> we're listening sensitively to the message that markets are sending and we're going to be taking those downside risks into account as we make policy going forward. cheryl: so what policy is on the horizon and just how patient will the fed be in 2019?

plus, the bizarre explanation researchers are giving for the alleged sonic attacks that sickened diplomats at the u.s. embassy in china. you're watching "fbn: a.m." ♪ like an eagle, let the spirits carry me. ♪ i want to fly. well, how are the massage chairs working out for everyone? i dunno. i'm still a little stressed about buying our new house. well, it's a good thing we don't have to worry about homeowners insurance. geico can help with that. we can get homeowners insurance help from geico? well, sure. and they could save us a bunch too. mmhmm? i'm starting to feel better already. get to know geico and see how much you could save on homeowners and condo insurance.

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comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. lauren: wel welcome back. john bolton outlined conditions for the full withdrawal of american p troops from syria. he says troops will not be brought home until isis is completely defeated and if u.s. is assured that kurdish fighters will be protected. president trump is praising the u.s. military after an air trial in yemen killed ani an al-qaia

operative. he said the great military delivered justice for heroes lost and wounded in the attack on the u.s.s. cole. our work against al-qaida continues. we will never stop in our fight against radical islamic terrorism. in 2000, suicide bombers attacked the u.s.s. cole and killed 17 u.s. sailors. in a wide-ranging interview, freshman democratic congresswoman, alexandria ocasio-cortez gave her opinion on taxing the rich and morality versus accuracy. listen here. >> i think there's a lot of people more concerned about being precisely factually and semantically correct than about being morally right. on your 10 million-dollar, sometimes you see tax rates as high as 60 or 70% as you climb

up this ladder. you should be contributing more. lauren: in that interview, she also called president trump a racist. in the white house, they called that statement sheer ignorance and pointed out the strides that the president has made in criminal justice reform. some scientists are saying the expected sonic attack on the u.s. embassy in china may have just been, get ready, crickets. dozens of diplomats complained of headaches, nausea and other symptoms from the high pitched sounds. the university of california did a study on this and they put the blame on the short tailed cricket to be exact, cheryl. cheryl: we've got a lot to talk about when it comes to oil this morning. have you looked at the contract? we're heating up right now. we're at $49.41 right now. that's a 3% jump on oil. what's going on with traders? are they optimistic that talks in beijing can resolve this trade war between the u.s. and china? that pushing a barrel of crude closer to $50 a barrel, maybe

supply cuts by major producers may be boosting the commodity b. where are we at with oil? we just had goldman sachs, they dowdowngraded the forecast for brent. society general is saying wti is at 57. the forecasts are coming down but what is the real story behind the move we're seeing today? >> i think it's about optimism about the global economy and that the price of oil probably priced in armegedon and things aren't that bad. one of the biggest psychological boosts that we saw for the market along with the trade talks and other things is that jobs report we saw on friday. one of the best we've seen in a long time. so when you see a number like that, it doesn't really gel with the type of economic doom and gloom that the price of oil has been pricing in. you add to that the fact that we might get a deal with china. we're seeing substantial cuts in

production coming out of opec right now. if th the demand isn't as terri, all of a sudden you go to a fear of a an oversupply to under-supy quickly. cheryl: there's been talk of a shale oil slowdown in the united states. is that something that's playing into the market psychology right now? >> i think it is. we saw on friday the rig counts fell by 8. really, the drillers haven't been adding rigs over the past couple weeks. we see a substantial pullback. we saw a report from the texas railroad commission that suggested we're seeing a substantial pullback in energy investment in the shale patch. this kind of offsets this philosophy in the marketplace that shale oil was just going to keep raising production no matter what happens to the prices. that's not true. they're very sensitive to price movements, especially this big selloff. we will probably see those gains moderate in a few months.

cheryl: real quick, if there is no decision between the u.s. and china, if this continues to go on, there's concerns about the u.s. economy. of course the fed's a part of all of this. if we see more of a slowdown in the u.s. economy and chinese economy, how low do you think oil could actually bottom out? what would be your bottom of the barrel price on the crude contract? >> so far, $44 a barrel has been an area that's held. but if we do get into a recession, we could see oil get back into the 30s. i don't see that happening. i think we'll see 50 before we ever see 40 again. cheryl: do you like the bottom of the barrel joke? i'm trying, it's monday. >> that was a good one, i'm telling you. i feel like the bottom of the barrel after the bears game last night. i'm in a lot of pain here. cheryl: i'm sure. that was a tough field goal. phil flynn, thank you very much. we'll talk about that i'm sure coming up in sports.

rough game tore the bears. lauren: let's take a look at the u.s. you futures after the monster rally after the jobs report on friday. the dow is building on the 3.3% gain on friday. it's up another 6 points. s&p down just a point right now and nasdaq, which was up over 4% on friday, is giving back a tenth of 1% today. still ahead, the annual consumer electronics show kicking off in las vegas but with a slightly different vibe this year. how the u.s./china trade war is taking the spotlight at this year's big show. plus, chick-fil-a is getting in on the fun for college football's championship game tonight. we're going to tell you how. ♪

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it should be fair trade. it should be fair to all of us and i think that's a message the president has put out and i think he will bring the you

chinese to the negotiating table. cheryl: chinese and u.s. negotiators are at the negligence other yatesing table -- negotiating table, can they cut a deal on trade? lauren: the s&p and nasdaq is slightly lower this morning. cheryl: oil is rising over optimism over global economic lauren: stocks trading to the upside in europe. actually, they have just turned negative. the noticey in london is -- the ftse in london is down. cheryl: asian markets are moving higher. lauren: as the country gears up for a college football championship, chick-fil-a has a special biscuit for clemson fans. "fbn: a.m." continues right now. lauren: it i 5:30 in the mornn new york. i'm lauren simonetti. cheryl: i'm cheryl casone.

a lot to get to this morning. reassuring words on interest rate hikes. the federal reserve chairman jay powell on friday hoping to trigger a -- helping to trigger a massive rally on wall street. >> we will be prepared to adjust policy quickly and to use all our tools to affect the economy should that be appropriate. cheryl: does the fed have the right stuff to guide the economy? jonas, were you reassured on friday when you heard the fed chair speak? >> yes, we're talking about soft landings, that's disturbing. the fed chairman said listen carefully to the markets is what he's doing. he was looking too much at the job market which is really great. if you look at the economic data you can make a strong case to keep raising rates. if you look at financial markets you can make a strong case to lower rates pretty soon. i think we'll have level rates for a while. there won't be increases unless you see 10 year rates -- they

were down 2.5 something, which is unbelievable last week. they've come up a little. if those go back to 3%, if the stock market is back near the highs, i think we'll resume the course of raising rates. i think ultimately, this might come out wednesday in the minutes, they were really on belbubble watch. we can all relax about the bubbles for a while. cheryl: talking about the balance sheet, that was something that he kind of signaled in his language was there might be more flexibility on that unwinding of the fed's balance sheet which is really -- which has really become a source of intention for investors that are frustrated by them being on auto pilot. do you think that is something that would also be maybe a market positive? >> well, the thing about the balance sheet is the reverse of it is such a powerful deflater, that we don't have to worry about inflation like in the '70s, because look at the

trouble of letting inunwind slowly -- unwind slowly. if you crank that up to like 200 a month, we would have negative price growth. there's so much ability to stop inflation. i think, again, the real worry was stopping asset bubbles from forming. at the end of the day, it was the foundation of the 2000 economic crash and the 2006. it was the underlying asset bubbles. they don't want to go there again. i think raising rates scared investor markets, financial markets and it worked. it's probably working too well is the problem. i think they're willing to change course. i think we're likely to see a rate cut this year. cheryl: we're watching beijing, looking at china and the u.s. are you optimistic about a deal getting done between the two countries? >> i'm not that optimistic a big deal will get done. i'm concerned about how weak the economies can get. if it starts to spread around asia and europe it will be

difficult for us to stay out of -- to have this strong of an economy and have the other countries weak. cheryl: jonas, it's great to have you as always. thank you for being here. lauren: the annual consumer electronics show kicking off in las vegas. this year, chinese tech giants are keeping a low profile as trade talks continue between washington and beijing. ian, how are chinese companies keeping a low profile this year? >> everyone every year you try to figure out how to make the most noise around your booth and the most p.r. and what happened is their brand took a ding thanks to the president in chief. there's a way to just not try to grab the ligh spotlight and thas how they're playing it. lauren: no chinese executives will deliver the ceo keynote. a smartphone maker is not even showing up. >> apple hasn't shown up for a long time. apple does make their presence,

they took the biggest billboard outside the convention center and said what happens on your iphone stays on your iphone which is a play off the vegas joke and trying to change the narrative on what's going on with them. lauren: there's a slowdown in china, absolutely. talk about some of the themes you expect to emerge this year. >> i think what's happening is we're in general in a little bit of a tech pause at the moment. we stopped caring about tvs because everyone got big continue as you saw -- got big tvs. iphones have petered out. i think we're in a pause before a technology revolution. there's a company that's raised billions of dollars and we haven't seen anything from them. i think we're another year or two away from an amazing flourish. they'll be using 5g to talk about things that could come in the future. we're years away from that having any real scale or i'm poe departmentation. -- implementation. it's a pause in that sector.

lauren: is that why you're not there? >> it's one of those situations where there's too many things there to actually have anything productive. lauren: what do you make of 5k tv? i'm sorry, 8k tv? >> i think this is all marketing. everyone's trying to sell more televisions. you don't need more resolution. no one has a television big enough where you could tell the difference. once we passed 1080p, we're good. like everyone has good stuff. i think apple going into health is going to be the next big thing. everything that goes into health care, predictive, things touching your body, like samsung has a foldable screen, i don't think anyone cares about a foldable screen. we're waiting for the magic to happen. lauren: we're going to hold you to that, health is the next big thing. ian, thank you for coming on. our own liz klaman will report live from vegas this week so stay with fox business for all solve your ces. cheryl: a major investor is

calling on dollar tree to make big changes. lauren: we have that story and other headlines. >> reporter: good morning. the wall street journal reports that starboard value has taken a $370 million stake in dollar tree and is pushing the retailer to l sell the family dollar business and adjust its pricing model. the journal reports that the new york hedge fund is seeking majority control of the company's 12 person board. starboard reportedly wants dollar tree to explore that sale of the struggling family dollar chain and also wants dollar tree to consider joining its competitors in selling some items above that price point of $1. dollar tree is down 16% from one year ago. cheryl lauren: one california utility is filing for bankruptcy. >> reporter: pg and e is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities

related to those fatal wildfires in 2018 and 2017. the company could reportedly receive some financial help through legislation that would let it pass on to consumers costs associated with fire liabilities but since that is just a possibility, bankruptcy preparations are being made. pg and e is lower in premarket trading. cheryl: chick-fil-a offering a special game day sandwich for football fans of one team that will be playing in the championships. >> clemson university fans who want to start the game day morning right can get a special tiger paw shaped chicken biscuit from chick-fil-a, there it is on the screen. the spirited breakfast sandwich will be available at select restaurants in south carolina as fans prepare to cheer for the team in the nation nail champion -- national championship later today. lauren: tracy, thank you very much. cheryl: taking a look at futures, we are in the red

slightly, dow down 13, s&p down 4, nasdaq down 17. coming up in sports, a crazy back and forth had ending for thchicago bears and the eagles. the college national championship tonight, can clemson overcome the alabama powerhouse? you're watching "fbn: a.m.." ♪ i'm going to graceland, graceland, memphis, tennessee. ♪ i'moi going to graceland. thanks to you, we will. aw, stop. this is why voya helps reach today's goals... all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun! send a postcard! voya. helping you to and through retirement.

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lauren: it came down to the final minute in chicago. what an ending between the eagles and the bears. cheryl: jared max is here to recap all of it. >> this is why we say it's a game of inch and it was yesterday. wild card game in chicago, the bears were up against the defending super bowl champs the eagles. they were still here. there is a go-ahead touchdown. the 2 point conversion failed. 56 seconds left and chicago gets this great kick return from tarik cohen. that would put the bears in position to try the game-winning field goal. watch what happens from 43 yards out. >> and it hits the upright, that's impossible. >> oh, no. cheryl: so sad. >> tied for the second most missed field goals this season. the ball hit the upright, then it hits the cross bar, after it

was tipped at the line of scrimmage and the bears' season is over. >> there's really no answer to it. i thought i had a good ball and unfortunately i didn't make it. i feel terrible. i 100% take that loss on me. it is what it is. but life's -- the sun's going to shine tomorrow. it's going to sting for a while. >> you thinke think you're havid day? the chargers led the ravens in the fourth. baltimore mounts a comeback, a couple touchdowns and it's 23-17. the chargers would prevail by the score, lamar jackson was sacked seven times, strip sacked at the end. the home teams lost three out of four games this weekend. next weekend colts at the chiefs, cowboys at the rams saturday on fox. sunday, chargers at the patriots, tom brady, 7-0 lifetime against philip rivers of l.a.

the saints beat the eagles this season, they will host philly once again. college football, tonight, it's the national championship game between alabama and clemson. alabama favored by four and-a-half points, the crimson tide trying for the sixth title since 2010. alabama tonight is a four and-a-half point favorite. cheryl: who are you going for? >> i think alabama is going to win tonight but what do i know. the timberwolves fired their head coach yesterday. exciting football games this weekend. i thought the cowboys were great the other night. the games kind of went as execked. cheryl: they're going to be away this weekend. it was a great weekend for forecast. catch the sports reports fox news headlines 24/7, sirius xm channel 115. lauren: stock market futures are up 7 on the dow, up 2 on the

s&p 500. as both sides dig in on the government shutdown, day 17 now -- >> cannot only close government, build a wall, but also abolish congress, so the only voice that matters was his own. lauren: is there any solution in sight with words like that? bernie sanders asked not to run for president in 2020 from a pretty surprising source. you're watching "fbn: a.m.." ♪ hit the road jack, don't you come back no more. ♪ what you say? ♪ hit the road, jack. actually went to law school, so i called him. he didn't call me back! if your ex-ex- ex-boyfriend isn't a lawyer, call legalzoom and we'll connect you with an attorney. legalzoom. where life meets legal. (vo) ♪ here's a question. was it necessary to create a luxury car more teched out than silicon valley?

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cheryl: welcome back. french president emmanuel ma chron reportedly ready to fire

the paris police chief over the yellow vest protests, after the protestsers broke into a government building. the riot forced a spokesman to evacuate. the protesters have been hitting the streets for eight weeks, demanding economic justice. a vermont begging bernie sanders not to run for president in 2020. the editorial board saying they fear a sanders run could lead to another split in the 2020 presidential vote. there is too much at stake to take that gamble. although sanders topped a poll of potential candidates last month he hasn't officially announced a 2020 run. kevin spacey will face a judge for the first time on sex assault charges. spacey accused of inappropriately touching a teenage boy back in 2016. he is expected to plead not guilty. if consisten convicted he couldo five years in prison.

this is the first criminal days against him. lauren: president trump digging in on his demand for a border wall, now saying it will be built with steel. >> but it will be less obtrusive, stronger, and we're able to use our great companies to make it by using steel. so we're going to be doing a steel barrier. lauren: the president offering little hope that a deal can be reached with democrats and suggesting he's ready to declare a national emergency over what's happening at the border. we bring in tiana lowe of the washington examiner many thanks for coming on. before we get to those big issues of steel versus concrete and declaring a national emergency, do you think this is the week the shutdown ends? it's day 17, already tied as the second longer partial shutdown in history. >> yes, and if this heads into next month there will be real problems. right now, 95% of the office that's in charge of s.n.a.p.

food stamps is furloughed and into next p month they won't be able to afford food stamps for americans. right now, 90% of the irs has been sent home without pay. so something does really need to change. lauren: will democrats negotiate while the government is shut down or will they demand it reopen before they're open to talking for real? >> well, i think that trump mentioning things like invoking a state of emergency are not helping. considering that the polls were heavily in democrats' favor when the shutdown began and now they're neutralizing. i think the american people see that $5 billion given our congress' fiscal irresponsibility is a drop in the bucket of a budget that tends to lean in the trillions. it's just that now that the people are seeing that, they aren't willing to concede on something that at the end of the day is a minor amount of money. i think that now more people are feeling a little more neutral about which side to pick. lauren: can the president

declare a national emergency and if so, what happens if he does? >> so, he will probably be constitutionally protected. i mean, the supreme court tends to grant the president this sort of power. however, this could put him in the territory of this being an impeachable offense. it would set a catastrophic precedent. i don't think there's any question that our border must be dealt with and a physician i l call barrier is -- physical barrier is supported by the people. it's not a state of emergency. lauren: do you think he does it, in your opinion. >> i think he knows that it will turn a lot of his own constituency against him. i think him mentioning it sets a dangerous precedent that any other democratic president could use in the future. lauren: three republican senators up for re-election in 2020, senator gardner of colorado, and till liss of north care-car -- do you see pressure in the republican party influencing the president here?

>> i don't think trump is necessarily listening to what senator susan collins has to say on this matter. he needs to be more clear in terms of what he needs for the wall and what he's willing to give up in terms of real concession. this posturing about no longer going to have a concrete wall, now with steel slats, democrats don't care about the aesthetics of the wall. he needs to make the dichotomy lined clear for the american -- loud and clear for the american people. lauren: you think democrats will be okay with a steel wall if there's a deal for dreamers. >> they've been come missing they wanted amnesty for daca recipients for years. and if they have this opportunity to provide amnesty for 700,000 dreamers in exchange for $5 billion and they don't take it, that looks worse on them than it does the president. lauren: we'll see.

thank you for coming on this morning. i'm looking for the state of the union, january 29th. i'm curious if we get a shutdown to end by then. cheryl: we'll see what happens. coming up, the drama building once again in britain where parliament begins debate this week on prime minister's theresa may's brexit plan. we look at consequences for the market when we return. ♪ when we go down, we'll go down together. ♪ we'll get away with everything to show them we are better. alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today.

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>> british parliament set to vote next week for the uk to leave the european union. do you think that she can get this deal through parliament there has been so many starts and stops this far. it seems like it will be very difficult. nothing has really changed since they canceled the last vote. she finds a way to convince lawmakers that this is a temporary backstop that will not be held for a longer time or she convinces the same lawmakers that it's this or no deal. at the moment neither of these look lightly. it makes me think there will be a vote against the deal. and much more political drama

and a long way to go. let's put you over to france because over the weekend we saw more yellow vest protests in paris. this is now an out right assault on the presidency. is he losing his grip on power? >> he does seem to be the center point of the target. whether he is losing his grip on power i'm not necessarily convinced about. guess these are widespread protests. i think the loudest voices are usually heard most. on whether his position still remains strong. the question for me now is whether he bows down to some of these demands. or whether he just takes a harder line knowing full will that they will try to negotiate last time.

and he'll come back with stronger demands. >> the timeline well obviously be extended. craig, thank you very much for being with us this morning. we appreciate having you on the show as always. >> mornings with maria starts right now. live from san francisco. here is maria bartiromo with a special addition of mornings with maria. >> good monday morning everyone. thanks for joining us. i maria bartiromo. welcome back it is monday january 7. your top stories right now just before 6:00 a.m. on the east coast. the u.s. and chinese officials are beginning trade talks today searching for direction. markets are watching those talks to find any solution to what has been an incredibly volatile couple of months.

dow industrial is expected to be up just a fraction this morning. the s&p is down about one point in the knapsack right now down eight to half. after a huge gain on friday led to a positive week for the major averages for the week. after the big job numbers on friday. at the close up 740 points. it is also up three to half percent at the close on friday. and the nasdaq with the 270-point rally on friday. on four and a quarter percent on the day. in europe this morning take a look at the indices. take a look at this right now. it's showing mixed performances. we will get the graph put up there. the cat concert in paris is on one third of a%. and the dax index down 34. asia markets also retire overnight. take a look at the asian indices right now.