no question about it, no question it is. liz: i agree. stuart: it is not hurting overall economy that much. the market is paying no attention to it at all at this point. the way it looks to me. our time is up. neil cavuto. it is yours. stuart: people spending $1400 on "fortnite." how about that? stuart: wow. stuart: that is a good economy there. stuart: it is. stuart: thank you very much, stuart. we're focusing on all of the above including fortnight. when you spend that kind of money on a game, you're not too fixated on the government shut down what that will do to you or imperil the economy or mixed earnings reports will imperil the economy or 27 days after shutdown shows no sign of easing up will imperil the economy. or postponed or canceled state of the union address will imperil the economy. see where i'm going here. connecting all the dots i stress

so far, they are not worried. where should you be on all of this? we have deirdre bolton, dan shaffer and last but not least, fund-raiser extraordinaire, noelle nikpour. it's a collective sigh i keep seeing investors from all political stripes on this what do you think? >> of course. no one thinks this is great for anything. one of the things i'm wondering, you know how we get some numbers dictate what the economy is doing from the government. if the government ask shut down how do we get the numbers? stuart: even ones we get, deirdre, they will be spotty? >> they are spotty but a lot of economists sounding the alarm, for as long as this pose on, you look point 10, not a lot of gdp. keep shaving off those tenths of the percentage point. the rest of the world is slowing down a little bit. slower german manufacturing. apple is saying we'll higher

fewer people. they're still blaming china. there seems to be a lot of pressure points. >> "brexit. ceos that are donors that have companies in the uk and they're very cautious right now. i have a couple of them going over there right now. stuart: cautious in that neck of the woods or cautious everywhere? >> cautious with their companies. because people are wondering about the ramifications. >> plan b is monday. that is a big turning point. >> may have a general election. who knows what may will end up doing. stuart: she is like frankenstein though, she keeps surviving. >> she does. stuart: she is still there. dan, when you're looking at these markets and crosscurrents and all, i would assumed more of a reaction. one perverse theory, i could be wrong, the world's ills are our gains and we are benefiting from that. what do you think of that? >> i don't agree with that. stuart: i don't agree with it either. okay, go.

>> i'm very cautious about the markets. i think the brexit issue a non-issue for the markets even though it has been made a big deal. i think it had its thing thee years ago when the markets tanked. stuart: i want to point out we have graphics and music packages around brexit. so i wouldn't cavalierly -- >> there are a lot of things we need to be concerned about than music. stuart: that is not a factor. deirdre pointed out slowdown evidence in germany, china. >> that was all happening before this. china was slowing down. the asia-pacific rim was slowing down. the eu, the euro is an experiment that has gone dramatically bad. they're holding on to it as best they can. draghi this week talked about adding more money to the the system. i think the brexit issue is so old everybody has gotten used to it and the worst-case scenario -- stuart: they will have to do something, right? >> by march 19th.

stuart: they will force the issue. >> they can have no deal and still get out of the eu according to the doctrine -- stuart: it is not an issue to you. shutdown is not an issue to you. what is an issue? >> world is changing. the way we looked at stock markets, they have been so volatile. neil: that is not a factor. >> major factor. we had the announcements in last 24, 48 hours, two major banks are closing down their proprietary trading desks that is a big issue. the liquidity of the market is going to disappear. so get used to these rides which the market. neil: volatile swings? >> right. but the public will not invest in that. >> you don't think the money will go elsewhere? in the past it has gone to hedge funds or private asset management or family, money goes

somewhere. >> where is the money going? if you watch the 10-year treasury and five and two year treasurys, money has been accumulating at those levels. even under all the circumstances we're watching yield on the 10-year drop to 2.60. it is backing up to the 2.70, 2.75. my opinion, my analysis says we're going below two. that is what i see coming. the money will go to treasurys. that will be the safest investment. neil: you're looking inverted yield curve? >> we're almost there. we talked about this for the last two years. it was slowly collapsing. it is almost there. the fives and twos are very, very close. neil: normally that portends -- >> you don't necessarily need a inverted yield curve for this. the federal reserve is holding up short-term interest rates artificially, so for some stupid reason. that is causing major upset in the market. neil: so you're bearish? >> ought sri are you bearish. neil: noelle, looking at the political fallout. donald trump and republicans had

wind at their back didn't help them in the midterms. traditionally tough for party in power, that forecast, not a consensus one, but he is a brilliant one, if that pans out, that could be politically dice sixer right? >> that will be really troubling. as we have done this many times before as i'm a guest here we have said -- neil: almost make it sound like -- >> we have, we've said that president trump likes to tout the economy and the stock market, the now the stock market. if it is up, look at this -- >> since october looking shaky. >> what will happen when these numbers continually start to plummet? because if you look at all the sectors going on, we've got, the government shut down, which looks like there might not be an end in sight. you've got china is still on the table. nothing really, you've got brexit, which can, people say it is over here but it can affect us. neil: i would flip it all around, deirdre, if i want to be

half full glass guy, earnings by and large, down from prior levels are so far beating estimates and moving smartly. >> jobless -- neil: jobless claims, you know -- >> yesterday, right. all the greens on the screen. to your point about earnings and goldman and bank of america. neil: with which is winning out right now? still early in the earnings season i grant you. >> investor instead of buying a index fund where you're exposed in general to u.s. stocks, you go to peter lynch model, you buy what you know. if you use a company, like a company, feel like they're going to grow -- neil: longer term, great john bogle you buy what you hope will do well over time. >> neil, let's look at these numbers that are coming out or have been coming out. we had the lowest unemmoment based on what they're telling us. >> numbers may not be coming out that much -- >> over last six months before the turmoil. they're saying unemployment is almost nonexistent, okay? they're saying that consumers are spending. they're saying that things are

so great. neil: well they are. why would ford telegraph that and say it is very optimistic for the big fleet sales, big suvs that are selling like crazy. nervous as consumer i could see maybe thinking twice about paying for netflix. >> if that was the case, neil, if that was the case everything they're telling us is so great, why can't we get gdp up? why can't we get money flowing? why is the debt increasing and student loans going into default? neil: these are ticking time bombs -- >> they're out there. people are servicing debt. >> market is trading on hopes and fears. >> that is the nature, but what they're telling us and what is reality are -- neil: is the environment affecting that? >> absolutely. i think this will be good for trump, not bad for trump. neil: why? >> because if you're early in this cycle, and market takes its drop and democrats are doing what they're doing about stalling, not getting the government running again and letting -- neil: the public is blaming him

and republicans for now. >> these democrats all wanted the wall. everybody knows it. every network in the country. they want it. they don't want it because of him. neil: you think the sentiment is going to change -- >> i think they will wake up and realize safety of this country is more important. >> there will be government workers that are going to have to tap into their retirement funds -- >> they actually already are. hardship withdrawals are up 34%. >> with taxes. this is not good. so eventually it gets diluted, doesn't matter who is causing it. we know trump has the power to declare an emergency be done with it. neil: i am just surprised he hasn't. >> you had the judge on talking about -- neil: you can declare it, circuit court would shoot it down but you have -- >> at least it could be delayed and -- neil: i tried. i am a little surprised he hasn't done it. >> i thought when he was making announcement that is what he was going to say. he didn't. neil: you put me in good mood

and awful mood. get smart people around the table that is what happens. all right, nancy pelosi is telling the president, i think it is a good idea for you to delay the state of the union speech but can she really do that? what if i told you yeah, she can? >> state of the union is not a sacred day. it is not constitutionally required. it is not president's birthday. it is not anything. it is a date that we agreed to. could have been a week later. and it could be a week later if government is open. what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything?

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>> this place does not work, neil. it is completely dysfunctional. you talk to people here. everybody says we need border security. we want government to open, we can't vote on it, we can't get anything done. you would never do this in the business life. we didn't do it when i was governor. on top of that they get paid. >> i think you heard historically from democrats and republicans there is a way forward here with both those issues but we have to talk about it, willing to talk about it. we all talk about it in different ways but we have to actually come to the table to have a real conversation. not just, not just on tv screens yelling at each other but actually really sitting down

face-to-face to keep the conversation going. neil: what would happen if they did have a serious conversation and eschewed all the cable tv screens? we would be out of business. you know, what would we do? i guess we would have to report the news. welcome back, everybody, i'm neil cavuto, continuing on "coast to coast" on day 27 of this shut down. you had an established democratic congressman, a newly-minted florida senator. both perplexed by the inability of each side to at least meet with the other. now some of that is beginning to change. behind the scenes indications that there is more common ground than meets the eye. you wouldn't know that. let's get read from ohio republican bill johnson. he met with the president yesterday. and says that there are ways of settling this. congressman, first of all, very good to have you. >> good to be with you, neil, thanks for having me. neil: you heard the latest on nancy pelosi, about that state of the union speech, maybe you don't give it, if you write it and mail it to us.

what did you make of that? >> well, first of all, article 2, section 3, clause 1, doesn't even mention the speaker of the house. it is the president that has the responsibility to update the nation on the state of the union. neil: he can do so writing or deliver it. we didn't have cable news back then. >> he absolutely can. i suggested that maybe leader mcconnell should invite him to do it at the senate or capitol visitors senator where we can put both chambers in the same place. he does not need nancy pelosi's permission to do the state of the union. neil: it doesn't have to be in the house? >> no, it does not. neil: when you met with the president, congressman, i don't want you to compromise, conversations but was it his sense he would still give a speech? >> i think the president wants to take the message to the american people and i think he stands ready to do that. and he made it very clear, that was a productive meeting yesterday. the president made it very clear. neil: who showed up at the

meeting? >> there was a number of republicans and democrats that want to try to solve this problem. and, i was encouraged that the president is, is willing to look at a wide range of ideas on the table but, it starts with the willingness of nancy pelosi to talk about border security. that is step number one. we've got to have border security and i believe the president is right in that assertion. neil: all right, now, you talk about the measures that the president has considered that have gone off his original talking point, there didn't have to be a wall per se. you could cover the 2,000 plus miles not with brick-and-mortar. you could do slats, you could do other technologies. even backed off the price tag. originally the 5.6 billion, which would really be continued down payment on something that will cost in the vent of 25 to 30 billion, but is it your sense that he settled on a figure of 2 1/2 to 3, what?

>> i didn't hear a figure yesterday that the president settled on but i can tell you that he is only talking about 234 miles of the border that he wants to secure with the funding that he is asking for. it is not the entire, nearly 2,000 miles of border with mexico. and when you consider the criminal element, the drugs, i mean you heard all of that before. i don't need to repeat it, there is a reason why this is a national security imperative. just ask the families that are losing loved ones every day to the heroin that is coming across our border. neil: did the president indicate he is ready to pull the trigger on declaring a national emergency? >> that never even came up yesterday, as i recall. no. neil: do you think he should? >> i think the president has got that option and i think his number one priority should be protecting the safety and security of the american people. and he should consider all options. look, here's where i come down

on this i was born and raised in the '60s and '70s and i loved how ronald reagan and tip o'neill solved these problems. you know, they did it over a bottle of irish whiskey and cigars watching cowboy movies at the white house. neil: doesn't sound bad to me, you're right. >> i think can be settled out of the camera when the drama presides. neil: you're right. >> i think president is willing to do that. neil: i will split on the bottle of whiskey, how is that? >> i will do that. neil: congressman, good seeing you, thank you very, very much. >> thank you. neil: a lot of folks might look for that, not a shutdown but a winter storm that is going to affect all lower 48 states right now either rain, snow, mix of both but this thing is massive. already got a name and it is going to get really nasty.

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neil: all right, a lot of concern what tech guys do with their money. when they do things deemed actually helping people in the community, it gets a little bit more attention. might be politically most straighted or not but gets people's attention. google, for example, is leasing a lot of space in a los angeles mall. that is just for starters. to hillary vaughn on what's going on. hillary. reporter: hey, neil, here at the westside pavilion, this mall like many others around the country has been struggling for years to keep its tenants. only 20 shops out of 150 storefronts here actually open right now. the mall's two major department stores, nordstrom, macy's had already left the mall. most retailers have moved out but one tenant is moving in, google. this will be google's new home

in west los angeles, starting in 2022. google is planning a major move-in into this 584,000 square foot campus, following the one billion dollar investment in a new new york city campus coming in 2020. instead of building a brand new campus from the ground up, google is breathing new life into brick-and-mortar. >> we think this will be the largest conversion of a mall to office, certainly on the west coast, certainly in the entire country. we think it will be a good test case for others to follow and find similar opportunities elsewhere. it is a really unique asset. reporter: the property is being named one westside. here is what it is going to look like after the billion dollar makeover. the property will have folding glass walls and a lot of outdoor space and indoor space easily opened up to be converted out side. it will have a rooftop garden deck. joint renovation between hudson

properties is expected to cost $475 million. neil? neil: hillary, thank you very much. starting to see this as a trend. microsoft pledging half a billion bucks for affordable housing in the seattle area. connell mcshane, "after the bell" co-host. something is in the water. >> tech companies do something on the surface, or below the surface, seems charitable, people are asking questions, why now? what is the context of this? neil: this same city the council was considering putting a tax on amazon? >> the amazon tax was debated in san francisco as well to pay for homelessness or the problem of homelessness, how to tax some of these companies. maybe microsoft is trying to get out ahead of some of that with its own money. this is the largest pledge of any kind the company has made. neil: part of it is for homeless? >> part of it is. $500 million. most of it is not.

out of 500 million, 475 is for construction loans, below market rate, or market rate homes to help people have affordable housing that adds up to 475 of the 500 million. the other 25 million would be grants they say. part of that would be to help with homelessness in the area. most of it is just for people looking to afford to be able to live in the seattle area. microsoft employs 50,000 people there. they're going to hire more people. not like a new problem, right? we heard in silicon valley for years about tech companies and their employees, especially at the top end making so much money they price out people who have lived in those particular areas for years. so they, they hear about it politically, pr. neil: fingering the blame for it. >> of course. neil: a lot of heil-hi paid workers drive this up. but the very same workers -- >> microsoft the quote from one of the executives, we don't want to take people who teach our kids, people who fight our

fires, people who keep us safe and healthy in hospitals, force them out of a area where they work and like to live and force them to commute four hours a day. this being a huge technology companies one of the big stories we follow technology companies under scrutiny for one reason or another. whether it is private or security. tim cook writing about privacy, trying to stick the needle in some competitors like facebook. facebook getting out saying removing fake content from its accounts. how they're perceived, how they're looked at is all the more important. by the numbers, affordable housing is an issue in this area in redmond where microsoft is. they looked at it in the "wall street journal" i was reading the stats from 2011, to 2018 median home prices gone up almost 100%, 96%. people are making more money.

but median sally gone up, 30 something percent. so it is an issue. people that -- not only firefighters, teachers, clicheed jobs always mentioned in the situations sometimes people who work at microsoft on lower level. not everybody is making millions and millions of dollars. they're figuring we can invest in the community. obviously it looks good, but we can help our own workers, those newly hired and those that don't get paid a ton to stay there. we have gone through this in new york for years with financial services. everybody is looking to amazon moving to queens, to see what that has done to housing. we've done stories. neil: just ahead of it the prices. >> just idea of amazon. neil: connell mcshane. >> opposite effect. they flee. neil: thank you very much, buddy. get ready for the snow, a big snowstorm affecting pretty much all the united states when i took a look at the map. rick reichmuth here handicapping what we look at. rick what do you think? >> so kind of everybody from

coast to coast and points in between dealing with big weather. it has been in california this week. a lot of spots picking up five to 10 inches of rain. caused a lot of mudslides. debris flow along burn areas. more mountain snow. along with it, we have blizzard warnings. we have winds pushing 100 miles per hour across highest elevations of sierra nevada. we'll see some of this rain and snow go especially across the northern four corner states, utah, colorado, across the parts of the northern rockies as well. all right, here is the first storm. that is the second storm. there is two storms now making that i way across the country and towards the northeast. this is the first one. tonight into tomorrow it moves across parts of the northeast. not a big snow maker, not a big wind-maker. but some spots might pick up couple inches from the first one from tonight into tomorrow. we watch the storm coming behind it, really develops across parts of the central plains.

big snowstorm across the ohio valley, eventually in across parts of the northeast. maces like philadelphia, d.c., baltimore, points south it will be mostly rain. the i-95 corridor around new york, up towards boston is where we're watching. a little more rain or a lot more snow? impacts for it. coastal areas likely seeing a little more rain. for sure a big snowstorm across interior sections of new england. what happens towards boston, hartford, new york, that is the big question we're still watching. look at this, neil. model outputs, most reliable model in albany, 24 inches. bangor, maine, 24 inches, 32 inches. that is big. towards new york, two inches, five inches. likely somewhere in that space. go just inland and more snowfall totals. southern new jersey, we're

talking about all rain from this. a couple more days to narrow down. a storm we're watching neil, for the sunday event is off the coast of california. predicting exactly where that goes from the coast of california where it lands here is still a little bit too hard for us. neil: well, maybe mere mortals doing this but not for you, young man. rick reichmuth following this. it's a monster of a storm if it pans out. so what happens if donald trump still wants to do a state. union but he can't do it in the house? so many are proposing the senate. someone else saying hold it at an am if amphitheater. i was saying olive garden but that dell on deaf ears. he is free to make the speech so where would he make it? after this.

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♪ neil: all right. well it is the slam-down over the speech to the nation. the president wants to deliver a state of the union.

nancy pelosi is saying essentially not in my house. so then the question becomes, if the president wants to force the issue, where does he give the speech? can he overrule here going to the house? apparently not such a slam dunk. blake burman has been talking to a lot of folks at the white house what they might consider in lieu of a house speech. what are you hearing? reporter: they are sitting back at the moment right now, neil and kind of just letting this one play out. the white house, the president has not officially responded to nancy pelosi saying that the speech shouldn't be televised on january 29th, a couple weeks from now as initially planned and agreed to. they're letting pelosi sit back now and really have to wait on this one to see what move the president might make next. there was a little bit of an interesting exchange though a little while ago up on capitol hill. one reporter asking nancy pelosi, well, essentially what happens if the president comes back and says i want to do this thing on january 29th. watch her response here. >> if the president comes back to you and says, no, i want to

give the state of the union at the capitol on the date we agreed to, what will you do then. will you allow it to go forward? into we'll cross that bridge when we come to it. reporter: cross that bridge when we come to it. speaking on "special report," bret baier talking to steny hoyer. it is not officially off. appears there is wiggle room between potentially now and then. what is very clear right now there is no wiggle room for the president and his demand for a wall or barrier along the southern border and wants north $5 billion for it. earlier this morning the president went to the pentagon to give a speech about the administration official defense strategy and weighed in on the ongoing shut down. >> speaker pelosi will not let them negotiate. the party has been hijacked by the open borders fringe within

the party. the radical left becoming the radical democrats. hopefully democrat lawmakers will step forward to do what is right for our country. reporter: back to the speech, neil. to the potential speech, nancy pelosi today said she is not denying the president a platform at all, that being the platform to go up to the hill, speak before congress, give the prime time televised address. she says though, quote, i'm saying let's get a date once government is open. she is saying let's figure this all out first, then we'll do the traditional state of the union after that, neil. neil: but is it your understanding she has the power to tell the president to take a hike in the house? that i know there is a formal invite. the speaker invites the president to make to address to the nation but if she doesn't do that, or, disinvites him, does she have the power to do that? does the president have to concur, this is your house i

guess i go elsewhere? >> i believe there is some sort of formal arrangement between the white house and house. remember there was a walk-through with the sergeant of arms that was canceled yesterday. so there has to be some level of coordination between the two. but she controls things up there on the house and right now she is very much asserting and letting the white house know that. neil: wow. thank you very much, my friend. blake burman at the white house. vice president pence is making news of his own talking about isis and how it has been humbled, even after these latest attacks in syria. take a look. >> we're now actually able to begin to hand off off the fight against isis in syria to our coalition partners and bringing our troops home. the caliphate is crumbled and isis has been defeated. neil: you've seen obviously some examples of ice list-related violence including in syria, in at least two african isis

splinter groups seem alive and well. hudson institute rebecca heinrichs on all of this. what do you make of it and are we looking at isis showing its strength that it is still relevant or what? >> well the vice president's comments have unfortunate timing because of the four deaths, american deaths in syria. neil: he made those afterwards, which startled me. >> he did. it was very, very bad timing. he is right though that we are seeing the defeat. we are defeating the actual physical caliphate. we have defeated 99% of what they say, territory that isis previously held and that, when it has the caliphate, it is stronger, able to carry out more destruction. that we have defeated. but of course isis is, still exists, isis militants still exist. the problem is in the middle east we're never going to get to the point where we actually defeat every single last one of these terrorists who

the violent militant islamist ideology. neil: i thought you phrased that perfectly that we never will. the philosophy lives on. we saw that when you know the taliban, we were worry about al qaeda and boko haram and those that morph into deadly new serious combinations. when we say isis is dead, isis is destroyed, that almost tempt as response? >> perhaps, i think, neil, the problem is, we're to the point where the country is very leery fighting long open-ended wars in the middle east. where the goal is to take care of the enemy, destroy the enemy. the problem is the ideology, islamist ideology. what we should do is take care of the physical areas that they hold, because that is how they can carry out more effective terrorist attacks but again, we

have to be careful how we talk about this. because we still have to have a plan for defeating the vestiges still remain even after we get out of syria and the administration to their credit is trying to set up middle east strategic alliance so we have arab partners and allies taking care of islamist militants that exist long after we're gone. we have to be careful we talk about this, that we're accurate and managing expectations. neil: i find it ironic, not playing politics, democrats opposed to unending presence in that neck of the woods, saying after 17 years leaving now it problematic. i know what is going on politically here. i wonder what our roles should be when it comes to being in so many countries with so many americans vulnerable to this sort of thing, is the strategy that we hand it off to our friends, hand it off to those in the region? who? >> i think it is a great question, neil, and sort of the million dollar question of the

day. the united states can't forego our leadership mantle. we still need a strong leadership man tell. that doesn't mean we can't tell gaat some responsibility to the lies. french and british and french have to step up more. they serious islamist problem coming into their borders. we have to encourage our allies to take a stronger role in that regard. we have to be careful even as americans become worry, that we don't conflate difficult things we're doing. what we're doing in eastern and central europe to defend against the threat from russia. that is a very different thing from what we're doing in syria and afghanistan. so my concern american people might conflate these as we have our presence abroad. that is up to the politicians to persuade the american people. ultimately what we do abroad is up to the american people. they're the sovereign and have to make the decision. neil: rebecca, can you make the argument? because you were more cogent and clear in the last three minutes. >> i'm doing my best, neil.

neil: thank you very much. >> thanks, neil. neil: we maybe need a step back from all of this. you heard the news, john bogle, legendary investor passed away. the one great thing about this job i have i get to interview some incredible titans. he is in my top five list. i will tell you exactly why, after this. i am not for colds. i am not for just treating my symptoms... (ah-choo) i am for shortening colds when i'm sick. with zicam. zicam is completely different. unlike most other cold medicines... ...zicam is clinically proven to shorten colds. i am a zifan for zicam. oral or nasal. (vo) ♪ here's a question. was it necessary to create a luxury car more teched out than silicon valley?

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neil: doesn't this kind of a market where averages don't do squat hurt people who invest in index averages? >> wealth index is the market. the best index represents the whole market. and the whole market return, neil, just to be clear about it, is is the return that all investors get before their costs are deducted. neil: right. >> there may or may not be such a thing as a stock-picker's market. i'm not smart enough to know that but i do know for every stock-picker that picks well, there is definition on other side of one of those trades a stock-picker that picks ill. a stock-picker's on balance, think about this, is always zero, less the cost of the croupier. no way around it. neil: in other words, john bogle the legendary investor was saying why make it a crapshoot?

why do you have to select individual stocks when people who do that for a living by and large cannot beat market averages themselves? fewer this, is the mid '70s, when he came up with the vanguard company, fewer than one in 10 at time were able to do that. he would say, why don't you just buy the whole basket, market basket. give you entry price of 1000, 2,000, 3 thousand dollars, gives you index or s&p 500 or expanded later to the dow jones or nasdaq, something mimics the overall market? and then i do so as a flak shun of the cost. it is not what you make but what you keep. john bogle discovered allure of keeping more market return, in and of itself was a dramatic return. because keep in mind with a lot of mutual funds, people who manage money, they quote a figure that really doesn't adjust for the cost of you doing

business with them. it might not have endeared john bogle to that community but it certainly endeared him to average investors who wanted to participate in something called capitalism. mr. bogle died. he was 89 years old. he was and remain as giant of investing. he democratized a process and he was a calming force. he would always say, why should i get excited when all of the cable business shows are doing that and then some for me? he would zing but would remind you the trend is your friend when it comes to investing. that message, and it's a timely one now, with gary b. smith, gerri willis, jonathan hoenig. jonathan, something we think about but we don't think about enough, that caught up in the day's gyrations is the fact that over time markets do well. stocks do well. market aggregates do well.

he just wanted to lead people to that, rather than take hunches, right? >> absolutely, neil. amongst all the tumults of cable news hysteria often times john bogle, jack bogle was really a voice of reason, a voice of stability. neil: absolutely. >> you could say this was the sam walton for the investment world. neil, before jack bogle popularized no-load mutual fund, everyday investors had to pony up big bucks, big fees, five, 6%, what they called loads. jack bogle brought them down demon demonstrably to tenths of a percent. he opened up the exclusive boys club to america. neil: gary b., whether you like the idea someone would do the work you're saying, you don't need, just invest in this fund mimic fund to the performance of

wider market. more to the record is this calming influence, through good times, bad times, he wouldn't get too excited. hit a boom, he wouldn't get too depressed. he would urge people not to look at 401(k) brokerage statements until they finally needed them well into retirement. the idea being, don't get hung up on this. what do you make of that? >> exactly. you know, his philosophy, neil, i think is appropriate for 99.9% of the people with money that want to get into the market out there. you know, there was, there is a book, kind of famous i suppose, written about you will at markets called, triumph of optimism. it showed that regardless of what market you were looking for, the stock market in sweden or u.s. over time invested in that country's stock market, even the world stock market, outperforms every other asset class if you do nothing, just hold it. that was bogle. he made it so simple, as

jonathan pointed out. he made it low cost. the funds started, vanguard started in 1975, when i was entering college. it wasn't but a year later i put money into vanguard. never touched it. you had him in your top five. i would also. >> i assume 1975 you were starting. >> 1975, yes. neil: gerri, it is funny too, because when you think about returns the way we quantify how mutual fund managers are doing, even hedge funds and the like, you got to remember the costs of doing business with them, sometimes very high entry fees indeed exit fees, load funds, no-load funds, gotten very complicated but those costs dramatically bring down, especially over the years, the return and the money you're making. he brought that to people's attention. and forever earned him the wrath of many in the industry, didn't it? >> it is interesting, bogle

focused on transaction cost, right? brought them down dramatically forcing entire industry to do the same. 1975, he put out his first index fund. that is the same year that brokerages are forced to deregulate commissions. the result, impact on this industry, i'm standing here on the floor of the new york stock exchange, incredible. and yes, today, picture that you just showed at the top of this seg isment, it is right up here. it's a picture of john bogle, wall street claiming him as their own. as you can see right here a wall street legend. i think that is fascinating. i have to tell you interviewed bogle many, many times as personal finance writer and editor, he was famous for saying, don't try to find a needle in the haystack. by the haystack. don't be stupid. neil: that is exactly right. >> very hard to pick the right stocks, the right funds. and one fact that we mentioned over here over and over again, only 13% of active stock

managers over time can beat the average, can beat an index fund. that is not a good track record. neil: go ahead. >> and neil, most fascinating it was really uphill battle for most of john bogle's career. back in 1976, when he introduced the first index fund people decried it. they said it was un-american to have an index fund, have computer baskets. transformed not only experience for individual investors but as you said entire industry writ large. neil: entire investing public. thank you, guys, very, very much. think about this, that used to be a ride only for the rich. he got everybody in it. he did it alone. problems. problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget.

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neil: all right, just talking about the longer-term. how about the short-term as of right now. dow jones industrials down 30 points right here. markets are when the shutdown bidding. morgan stanley, brad pitt and what happens now. right now they're saying washing our hands of all of these things. what will change the tone of the market spirit still very early in the earnings season. 500 companies have reported. market watcher danielle dimartino. first a shot down. danielle, already the federal reserve is closely watching us can this will have some impact

the white house has acknowledged economic impact. jimmy diamond and jpmorgan chase at enough to wipe out any growth at all. where are you on this? >> you've got the white house coming out as they've done and doubling their estimate on uneconomic grows. the person who shows up on time magazine person of the year. you never want to hear the white house be the one that's conceding. if you look across the street at the estimate for first-quarter growth they are the 125%, one to 6% range. it doesn't take a whole heckuva lot of hits to confidence, and shaving growth off every week to make the numbers slide into very dangerous territory. neil: when you're looking up is, the markets gone up. about 8% since the shot down. would you read into that?

>> i don't think it's had an appreciable effect on the markets or the economy at all. keep in mind we have 126 million people in america working. to point a are federal employees. 800,000 on vacation in essence. the reality is government doesn't produce anything. they can't contribute to gdp. they just take away from gdp. i don't see anything major. my heart breaks for these people living paycheck to paycheck, but i don't think it's impacting the economy. i don't expect it's going to a month with a shutdown. neil: it's beyond these workers who wait at tsa to board a flight same because of that kind of stuff it's costing them 25 million bucks a month or fha backed loans they can't close because there is no fha operating right now. sba loans, what is the

longer-term impact of that stuff gross? >> you cannot do the laundry list you just named. you're starting to see ceo confidence taking hit in the fourth quarter. we seen a continuation of that the surveys over the past 48 hours that ceos are not getting much happier. there has to be something for the unquantifiable, for they had the confidence is taking. to the point that markets are up to the extent they are, we've got the peoples bank of china in the background right now printing money left and right. there's a ton of liquidity of the chinese policy makers are pushing through two world stock markets right now acting as a tremendous offset to a pc here in the united states. i think the point should be made. neil: so we have to thank china for this.

[laughter] maybe not. >> grade-point, though. whatever thoughts of the moment is regained. sba is open again. fha is open again. going about completing approvals and inspection so that it's a wash. are you in the wash cam? >> gosh, i'll be honest with you i don't know. i've never thought that proved to be quite honest with you. maybe i'm pollyanna on this. i'm convinced this government shutdown is not as impactful as we think. i think it makes for good politics. come on, the bond market always gets this right. because of the market is reacting. i don't think it's nearly as impactful as most people think. i really don't. sure you do so at the bond

market is saying we are not worried about this, did now, if you are still back on the dallas fed, would you be paying attention to that? >> i think the reason markets are his question as they are is the bond market is really not been affected by this is because the people on the federal reserve are paying attention to the shut down. they're paying attention to what people and companies have to say that snake in a much more cautious and there's nothing the market likes more than further evidence you're going to keep powell and everyone who wants to tighten interest rates on the sideline and that's what the data are telling us on a day-to-day basis in addition to the fact we don't have data. the statisticians in washington d.c. are turning out. it seemed the type of data releases. that is something that is going to be on policymakers minds. if there is nothing more that central bankers like than hard

data. they are more blind than the rest of us are right now. trade to the retail sales another report that come out that we are not getting -- great you were going to say? >> of us going to say if you look at the overall market, we are not seen any sector really reacting. a particular sect or reacting i would take closer attention to this. i have not been blasé about it. to this morning i had an interesting experience. i put the data aside for just a minute and i started thinking about when did i feel this way before? in his 2007. the banks were fine, charges for a day. in 2008 the wheels are coming off the bus. i believe the myth that morgan stanley is being talked about enough. even the banks that eked out earnings were smaller than good. i think there's a problem in our

banking system. call me crazy. i could be wrong, but something is not right. i'd like to be on the record saying something is not right. we will see it manifest itself in the next 30, 40, 50 days. train to the one caveat to craig's brilliant point is that it's an exception. this is not indicative of the rest of the country reported thus far. your thoughts. >> to craig's point and i have to agree with him, morgan stanley has a massive army of bankers that are in contact with investors every single day and the wealth management division took much more that got my attention today. we should be paying attention. neil: you're both really depressing me. seriously, thank you very, very much. we'll give you the bullish and bearish argument here, who's winning and who is deemed to be

losing. you always want to have that. you can decide what to make of the data appeared in the meantime a new survey is out. this is raising concerns among the investment community that top ceos are worried about a recession. some of them as soon as this year. whether the consensus is that are not. has started to get people wondering that's why interest rates are so low over on the verge and we are hired the longer-term rates. not an overwhelming view, but one we should probably get a better sense of and to do that the executive board vice president chief economist bart, thank you for coming. what is the gist of this? what are ceo seiner worried about? >> it's in interesting addition because when we did the surveys they ceos, we did a survey in

september, october before the markets came down, so the fact -- trained to this was before that. >> exactly. that's an important point. in september, october, we saw that ceos around the world were saying it's one of the biggest worries we have. a year ago we asked them the same thing in 2017 that put it at number nine team. it's really got up very quickly. if you asked that question today, i think it might've gone even further. there's a huge amount of concern. some of this has to do with rising interest rates that the markets were reacting with profits and rising cost. that was phasing out. what will come next in order to keep the economy going is government shutdown doesn't help for that sentiment. it's a really complex artifact versus ceos are looking now.

neil: what is the record on their sentiment? in other words, the worries or fears they have, do they pan out or they running the company paid to worry. >> a pretty good sense of where the economy is going to go. this is confident that it goes. a year ago we definitely saw the interest going up. the effect of confidence is going down as going down and ceo indexes come down in the last few quarters. investment is something we have to be concerned about. neil: are there any early signs these folks have had that they're going to invest last, that they're going to retrench a little bit. >> i think the first quarter i'm not too worried about it. it takes a while before things like a government shutdown are going to feed through. beginning of the year so investment plans are still pretty solid.

when ceos planned for later in the year, second quarter and beyond common they can see some aftereffects that would rather not see at this point in time. neil: it's very interesting stuff and i had not realized. thank you for clarifying this was all done before the madness in the market. very revealing. conference board -- very smart guy. and then there's the washington guys didn't know if you consider them smarter not give the shut down entering it 27th day. now a lot of folks are worried about it impacting our safety. ♪ ♪

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neil: how bad is this? >> it's really starting to deteriorate. the longer it goes it's becoming a deep concern of ours. turning to see it efficiency, capacity and certainly safety. neil: the association, does the monitor our skies and saying the pressure of going on without paychecks for the better part of a month now and the anxiety around airlines and crowns is really compromising our safety. he would say that as a type to

another group just using this as an excuse that things are not that bad regardless for 27 days now were stymied in the middle of all this so it's spreading with delays at airports, big companies saying this is going to impact their bottom line here people who can't get loans with mortgages backed by the fha or small businesses backed by the fda. bush 43 deputy assistant brad blakeman, a strategist just guitar love. let me begin with you. it doesn't matter who started it. those will pay dearly for not ending it. >> i'm not sure that i would pay dearly, but as long as 800,000 americans are going out without a paycheck, they are looking to their leaders to say were trying to work out a solution here. president trump and republicans are buried majority of the burden here, but as it continues and people can't pay their mortgages and are having trouble paying for their children's day

care children's day care and all these things that americans who live paycheck to paycheck are facing, there's going to be more frustration at the general body of politics than just one figure. neil: to bring this, nationalize out beyond the federal government workers clearly the fact is jessica pointed out, it's going to have a lot of average folks who can't close on their loan. can't get small business loan. i'm waiting longer at the airport because of fewer tsa workers are frustrated tsa workers. i don't like that. and i just think it seems to be mushrooming. you are sense. >> the president has to hold to his word. elections have consequences. he was elected on the fundamental promise to secure our borders. you cannot retreat on that. i think the american people are starting to get a feel on who actually has more to blame. that's what nancy pelosi disinviting the president to the state of the union and the phony excuse it cannot be protected or

secured. that's crazy. my democrats overreach, the worse they get. neil: do you think they're getting overreach by attaching the government staying up into this, that there might have been other ways, better ways to do it? >> the president had no choice. democrats did this last year. on immigration since 1977 it done at 22 times. neil: if a democratic resident were to come in and get just as obstinate about funding for something that he or she feels just as passionately. i'm not here to judge the wall or the wisdom of doing it to be careful what you wish for. you might get it. >> we've got to make this the third rail. we've got to make this the last government shutdown that ever occurs. neil: it's not going to be the last. let me ask you about that, jess. no matter who started on who's to blame for it, if there is

seemed resistant from democrats to find a middle ground and i know about getting this that it's going to hurt them, too. i'm just wondering is that enough to get both sides to the table? >> it seems that your listing the steny hoyer who holds an incredibly important position that he was clearly deviating from nancy pelosi who was saying not a dollar, not even a beaded curtain. there obviously is room for compromise and he didn't want to call the wall and moral. that's a departure from the typical resistance talk about a wall. to brad's point here and as you brought up, the president clearly bears the blame for this and he was happy to take it on. this will not be the last government shut down. but why republicans cannot do what they are to get weeks ago and vote for a bill to open six or seven agencies that don't have to do at the border wall right now to make sure they can find the governments. >> do what they did before and approve all funding.

they did 132 with barack obama. you look at this. you realize there is more common positioning here on both parties then either. >> definitely. we have a we have the king of steaks. we have beginning of a. there are compromises impossible here. senate democrats at appropriate billions of dollars for border security. chuck schumer's been clear about that. he offered the president 1.6 billion to start all of this. neil: nancy pelosi -- >> and george w. bush. neil: my only point on this is what makes it so different and so divisive for both parties to even find common ground than a year ago they had it. >> me again? neil: yeah, sorry. >> would be the more typical about people coming across the southern border collie mexicans

criminals. neil: at the embodiment of everything wrong. >> no, just majority, 99%. neil: to your representative, they're respectfully, your position as representative of the no budget i see going on here. i don't see this getting solved anytime soon. >> we are not in transient. the president is at $5 billion. they are 1.6. somewhere there has to be a compromise. the president can't negotiate against himself. now it takes compromise. not anytime soon. this is going to go on unfortunately for a little while longer. neil: declare an emergency, all bets off. the mac it requires an emergency. i think all bets off and republicans need to be prepared for an emergency about climate change, gun violence we do one in 2020. when we have a government shutdown over $3.8 billion for health care which every single american relies on republicans

are completely fine about it. order while funding from a $2 billion more with the american public does not support overwhelmingly. not even a majority. apparently it's all democrats fall. neil: there is a need for it. >> more than health care, what he is daily basis? >> if i lived on the border my answer would be different. neil: look at a few billion here, a few billion there. all of a sudden it's serious money. someone has to sit down and do the math on this and get beyond me and it's only a here and a little here. >> fair enough. neil: good to have all of you. the dow up about six points. stay with us.

neil: all right, if you owe on student loans are less likely to buy a home. that is apparently the result of a study that shows 400,000 young americans are not able to buy a

home because they are in hock in student bank reisinger connor has come economic analyst, mark camera obscura not. what exactly is going on? is that indebtedness was preventing them or are there other factors? absolutely a lot of areas, but that is a dramatic factor played into this. as the overall share of homeownership or rate of homeownership declined by 9% over this period, student loan debt is to believed to have accounted for one fifth of that for 400,000 home sales and of course between the damage to their credit rating as well as just the fact that they have the student loan debt over time, those who've accumulated all of us have been prevented from buying homes and that is one of the things to maintain home sales overall. neil: student loan and didn't loan debt has been around forever.

the higher debt level i can understand not good but it seems to hit like a defining point here. >> think about the experience we had 10 years ago. the great financial crisis and great recession and everybody took a hit on that. the other part about this senate not well understood, state governments have basically been bailing out the business of funding education. now individuals are owning the greater share of that financing. so what are they doing? seeking financing for student loan debt. until we see some seachange in a situation, this is an unsustainable trend hurting the broader economy. not just the housing market. >> a lot of these existing loans, you know, they change. they're adjustable. that's further going to crimp them, right? >> i worry about the debt and deficit situation. that's not only occur an issue with the government shutdown, but obviously a long-term issue

because he looked out over the long-term horizon on the growth outlook for the u.s. economy, sort of 2021 and beyond. basically talking about growth on one hand. a lot of that is because that will be crowded now. down the line would have students in school right now getting into the workforce and there's a real risk of a long-term rise in interest rates there. i do worry about the future as well. neil: a tough situation will get tougher. >> i do worry about that. neil: mark on the thank you very i think. meanwhile you probably heard already that les moonves, they wanted to take away is $120 million severance package is ebs. he is fighting not right now. what are the odds he could succeed? let's go to susan li. >> basically cbs has filed the securities and exchange commission and in the filing it does state that les moonves has a window of time after

recognition to contest to keep his $120 million severance package. i did notice your number in the cbs fire, basically he resigned amidst a cloud of allegations for cause. basically misleading the board and there were accusations of sexual harassment. let's talk about what cbs did because i called them to see what's going on here. they said indeed a les moonves yesterday did file to say he does want to contest this ruling if we can bring it up and notify the company of his election to demand arbitration with respect to companies that does not intend to comment pending these arbitration all proceedings. i was in contact with les moonves' lawyers as well and i said no comments at this point, but they can refer me back to during the resignation and basically said the conclusion of the cbs board were ordained and

are without merit consistent with the pattern of lakes that have permeated the process. the press was informed of the baseless conclusions before sunday, further damaging his name, reputation and legacy. he vehemently denies any nonconsensual relations and has cooperated extensively and fully with investigators. this goes back to numerous articles that have come out. women that have stepped forward during les moonves time as head of cbs and even prior to that he did come as some would say, force women into uncomfortable situations which some have accused him of assault at this point. neil: the company would have to be ignorant about that, right? >> he wasn't fired because of the so-called relations. he was fired because he was misleading the board and in some cases disrupting investigation. neil: how much of the $128 billion? >> it's an oscar right now. what we are hearing is that the three arbitrator board that will decide what kind of deal may be

coming together between the two. i think it would be a very hard sell in this movement era to give him a $120 million golden parachute after what he's been accused of. neil: will be watching closely. suzanne, thank you very much. netflix earnings are coming "after the bell." the company plans to hike prices. even for existing companies that frozen in just a few months. the issue becomes how could netflix get away with hiking the price on something people are driven to the stock in apple was trying the same thing and people have been running from the stock. after this. moving? that's harder now because of psoriatic arthritis. but you're still moved by moments like this.

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neil: all right, she survived, but now what happens? for how long after the brexit failure trying to pick up the pieces and see what happens now to ashley webster in london with more. what are they working on now? >> well, good question. same thing they been working on the last 2.5 years. it doesn't seem like a lot of progress is being made. mrs. may is a real survivor. she's dogged, single-minded. critics say that's her biggest negative issues very inflexible. when she has a plan she's not going to meet someone halfway. today the opposition party leader jeremy corbyn scene i have no interest in meeting with you, your until you take the option of no deal off the table. she reported back and said that's an impossible condition so forget about it. theresa may as we know, she survived a confidence vote. she came out pretty wanted.

the other night here in parliament she continues to push on with arrows raining down on her. at some point it's going to be a very high-stakes game of chicken or she's going to refuse to take the option away in in the e.u. will be asked to say listen, can you give us a mandate on the irish backs.. if you can do that we can get this passed. the day are preparing for it, but that's the bargaining chip she has although she's having a very hard time getting consensus from anyone as the clock continues to tick. she is a survivor no doubt. neil: yeah, she's been dismissed and counted on so many times. ashley, thank you very much. under fire yet again for allegedly stealing trade secrets. but what has the chinese very upset as were heavily involved in finding out a lot from a lot

of people.

neil: all right, while waves back in the news, the chinese telecom concern under investigation over allegedly dealing trade secrets a few weeks after us trillions has said were not going to do this is with you.

we will not let you get into our technology markets. this investigation right comes at a time when chinese officials would make their way here next week to discuss some sort of a trade agreement. this will be certainly more than noise for that. edward lawrence with more. >> the germans are also looking at possibly separating themselves from huawei. prosecutors started this trying to figure out whether huawei is stealing technology trade secrets from its u.s. partners that forced transfer of technology. "the wall street journal" reported the investigation open because t-mobile filed civil litigation and they have settled their dispute in 2017 following a jury verdict finding neither damage, unjust enrichment more willful and malicious conduct for t-mobile's trade secret claim. one lawsuit in seattle did find them liable for dealing robot

technology, specifically that test smartphones. this could complicate the trade negotiations going on with the two government between the chinese and the u.s. are the top administration already expressed concern that they could be a national security risk. republicans and democrats in congress, for example say solar panels could be hacked, disrupting our electrical grid. this follows the cfo in canada for extradition back to the united state accused of lying to banks and breaking sanctions with iran. the chinese responding to a bill introduced yesterday by lawmakers that would be in u.s. chipmakers and other technology from exporting to companies like huawei and cte. certain people in the u.s. need to correct their mind that in stock before going too far. that is very close to a threat from the chinese. back to you. >> there have been threats expressed privately why bother

coming. >> i can tell you today the foreign minister took a much harder talent in the chinese have had since that meeting at the g20 summit. maybe there is a little bit of posturing going on leading up to the possible talks in dallas. >> thank you very much. judge andrew napolitano here. and then you look at all the countries with concerns you've got to wonder if there is a lot of fires, what? >> the manufacturer on the planet. the case in which our colleague, edward lawrence was an interesting one. a civil suit in seattle. t-mobile said you stole some of our trade secrets and the jury says yes, they did in its four-point 5 million. a relatively small amount of

number -- amount of dollars for what t-mobile says was stolen and what the jury agrees with stolen. but the jury also found that the huawei engineers stuck struck into the united states, an intelligence agent who using a cell phone took photographs in a t-mobile laboratory of some of the technical material that t-mobile had agreed would be kept secret. that person is back in china with a cell phone. we don't know. he came in and said he was one of the engineers. he also works for the government when the federal government reading a newspaper that this is what the jury found, they decided wait a minute. this is more than civil liability. this is industrial espionage. it may even be national security if they took the picture really

was a chinese government intelligence agent. that is what started this criminal investigation. the criminal investigation has resulted very famously in canada. one in poland. prosecuting a corporation is ultimately fruitless unless you have a human being to be indicted. how can you indict a corporation? the maximum fine is how to million dollars. as to whom you can actually prove these events orchestrated or participated in the fact. then you have somebody here with a bargaining chip at the chinese are suddenly you can prosecute. neil: you also have to prove damages. >> the only has to approve -- neil: what if your t-mobile? >> they prove damages to a jury. >> beyond this to say this when into the billions are longer-term. >> t-mobile would have to repeal

to the president's favorite circuit court of appeals, which has been very liberal to plaintiffs in these places. neil: can i switch gears appeal and told me. the other was collusion. it didn't involve the president. dial it back today. when you make make of all this? >> i've known ready for 20 years. he's a very fine lawyer. a very impressive prosecutor. the city was ungovernable. he has become a rude, crude caricature of himself in the wild and almost maniacal ways he has attempted to represent the president. i am convinced whether he is just back dean as a pr agent. he's trying to establish a baseline that is smaller or a grand jury or the house of representatives accuses the president of any crime or

impeachable offense that will not be well-received by the public. the statements he made to chris cuomo last night. i've realized that chris works for a competitor. he was so patient. he was so on the mark. he was just not believable. neil: here is what i want to know. we were told in the beginning he wrote checks to women -- told that there were no conversations going on with russian operatives so now there might've been some looting going on within the lower levels of the campaign, but not at the level of the candidate, president donald trump. it seems like they're getting a more limited, limited focus here. neil: let me tell you how i look at it. for rudy to have said last night i only denied that there was

collusion in the collision he meets conspiracy. it's a not a legal term. for him to have said to chris cuomo last night i never said there was no collusion. i just said the president didn't collude tells me rudy knows that bob mueller and company -- they have substantial credible evidence between russian nationals in the trump campaign. the question is did donald trump to human being, the presidential candidate know about it? neil: that there were talks and collusion is something, what do you have to prove. >> you have to prove the agreement. it's an agreement to commit another crime. an agreement to receive something of value from the russians. whether or not it was received, the crime is the agreement.

if the half a dozen people all agree, even if the first of those six didn't know the last, they are all liable for the criminal acts of any of them. neil: but if i'm getting this information from a russian entity, is that it sells a big no-no? even though they won't be deemed the final vote? >> the outcome of the campaign. receiving value from a foreign national entity in is a criminal act when you're engaged in a federal campaign. neil: so what if we get to that entity from the foreign government that is just internal polling numbers. is that something of value? >> we might be. we are talking about an agreement and when they agree to commit a crime they don't usually write it down. there's a little bit of a fuzziness at the edges but exactly what was agreed to. the question is to donald trump

and so participate in or know about any of these agreements? neil: scary stuff. >> i've said this before. this does not look good for the president. i'm going to guess rudy has told and not. i hope so. neil: all right. a little more after this. y. voya helps them to and through retirement... ...dealing with today's expenses... ...like college... ...while helping plan, invest and protect for the future. so they'll be okay... without me? um... and when we knock out this wall... imagine the closet space. yes! oh hey, son. yeah, i think they'll be fine. voya. helping you to and through retirement.

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♪ neil: it's over. january 17. 17 days into the new year, this

is the day by this time people failed on their fitness resolutions. not moi. i understand a lot of people have. i'm waiting until tomorrow. fox news 24/7 headline reporter carley shimkus and fox reporter kat timpf. i didn't know it was so soon. >> we know this because there is social media fitness company called strava. they looked at over 100 million workout entries people made. they noticed today is the day people stop going to the gym. and that's said, it is 17th day of the month. people say takes 21 times in a row for something to become a habit? they almost made it. neil: almost made it. kind of bums me out. >> is not affect me. i haven't been to the gym since i was forced in high school. neil: you don't need it. >> check this out here.

who could take me in a fight. i'm just saying. neil: people who even dedicate themselves to eating better or, i don't know getting more organized. it peters out quickly. that shocked me. >> i have a love/hate relationship with new jersey resolution. i made one this year. i used to not. my new year's resolution, to use social media less and read more and i kept it. neil: you and the president. what do you think? >> i don't make new year's resolutions. i think about making them. this year i was thinking about spending less money on uber and less money on eating out. you know what i did today? i did both. i ate clam chowder i ordered out in the back of an uber. is that disgusting? yes. am i doing better? no. neil: a little bit at a time. >> a little less uber.

neil: like, famous cardiologist who by the way, did heart surgery on me, neil, don't make it difficult. everything in moderation. >> make it attainable. neil: i made it to three cannoli as day. >> you're on a trajectory. neil: that makes sense. don't reinvent yourself. nibble around the edges. >> i did take the train once this week. maybe i am sticking to my new year's resolution. neil: what is this supposed to prove? >> taking less ubers. >> that is saving money. the number one resolution this year, saving money first, working out second were the two top resolutions. neil: is that right? they talk about saving money because they spent too much the year before. that cobe a worrisome trend for the economy. >> did you make a new year's resolution? neil: i did i don't share them. i'm the one asking questions.

just not let my success go to my head and be the sex symbol all the time. >> okay. >> next stop "playboy"? neil: not having it. only thing makes me doubt the survey, people resolve. they try other things in the moments of the year. it is always ongoing. >> resolving to do anything for a whole year is super intimidating. you should focus on day by day. today, you know what, neil, i will take the train home from work. >> honestly truth be told, no matter what you will end the year same way you started it. you may make little tweaks here and there. but i'm going back. when i get into the green room, i'm going on social media. the first thing i'm going to do. neil: really? i'm boeing right to lunch. ladies, thank you very much. i don't know what chars payne thinks of this. he doesn't need to make resolutions, perfect as he is. 17 days, charles, 17 days, three weeks into the new year we've

gone kaput on them. do you buy it? charles: i do buy them. i don't make any this year. i find yours commendable. don't let success to your head. you have only three or four shows named after you, neil. neil: that will be enough out of you. charles: see you later. thanks a lot, i'm charles payne. this is "making money." coming up, stocks are really acting good. the dow is up 13 points. we're on the cusp of really gigantic move. the question what will make it happen. i love the action. may look like it's a calm market but something big is brewing. my panel will help metic -- me figure it out. could one of the names that moves the market netflix? we'll have preview before the bell. day 27 of with number of federal workers seeking