tv Cavuto Coast to Coast FOX Business February 25, 2019 12:00pm-2:00pm EST
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republican from arizona. why would any republican vote against the border wall? the president was watching. that is what he tweeted. i just love it when that happens. all good, ladies and gentlemen. all good. see the smile? neil cavuto. it is yours. neil: all righty. we have a lot going on here. we're also looking at president getting ready to leave, stuart, very, very shortly. he will go to the north korea summit in vietnam. there are a lot of growing impression what is would come of the agreement lack thereof here but the real focus seems to be what is happening on the china trade talks. the fact that the president is always looking forward to a signing event, that it is close to something. others are saying as a sign he getting a little ahead of his skis, whatever the case the president is optimistic a trade agreement can be had. he prefers to go to mar-a-lago to complete this, anybody's guess what could happen. the chinese are talking about
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the prospect of a deal, very close to do thing the is or crossing the ts. i don't know what mandarin would be for dotting the is or crossing the ts. two big deals potentially pending pending with the north koreans and the chinese. edward lawrence with detains at big sum it with the north korean leader couple days away in vietnam, sir. >> this will be a very interesting week. president donald trump, you said it, that the chinese will come back to a signing ceremony in mar-a-lago. the president is signaling confidence that we've come far enough in trade talks there will be a deal. the shanghai composite surged 5.5%. that is massive for them. the dow also responding favorably. just listen to the president's tone here. >> looks like they will be coming back quickly again. we will have another summit. we'll have a signing summit, which is even better. so hopefully we'll get that completed but we're getting very, very close. reporter: the president announced by twitter enough
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progress was made to push the march 1st tariff increase deadline. although no actual deal has been made, critics say if the president moves the deadline without a deal in place it, could signal weakness to the chinese. a report showed outstanding issues include how to enforce parts of the agreement. the president leaves the white house any minute for vietnam to meet with north korean leader kim jong-un. frustration within the trump family the way the president is being treated over north korea. this is donald trump, jr. on "fox & friends" this morning. listen. >> so sick of watching the experts who have been dealing with north korea 60 years, wait a minute in 60 years you guys never even got a meeting. you never even got in the room with the boss. he has done that in under two years. reporter: we expect denuclearization to be at the center of these talks. north korea has not moved as quickly as some experts would like to see. finally speculation that the president will bring up a treaty that could end the korean war.
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neil, back to you. neil: edward, thank you very, very much. to put it in perspective, and edward pointed it out, shanghai you have that average in a bull market thanks to the big surge today. keep in mind where the market was recently around christmastime in december, all markets at that time. we have soared better than 16% since that time. for the dow jones industrials it, puts it with a little more 2 1/2% of all-time highs. another 600 points could do it. let's get the read from cfra chief investment strategist, sam stovall, jim awad and "fbn:am" co-host lauren simonetti. there seems to be building enthusiasm they get to the record. then the question is, what keeps us going? >> that is a very good question. that is why a lot of people are saying all the gains we've seen, optimism for the deal is already baked into the markets. we were looking at numbers, 600
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dow points away from the 52-week high. without the enforcement mechanism and without any concessions i can see, we might have a framework for a deal but it is not signed. what about the intellectual property, what about subsidies. we don't have any details. is this a trade deal or is it a tech deal? the structural changes the u.s. wants from china are tech changes and no one is positive that we can absolutely get them at least in the time frame we need but the president need as political victory going into 2020. neil: you could argue, jim, things will come in stages. that is what the president seems to be telegraphing here. it wouldn't be everything done right away but could set the stage. we have been big saying the chinese rigged their currency to keep it weak enough so they can get a lot of stuff sold all over the world what would you like to see? the markets want to see? >> that there is enforcement and
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intellectual property, and something on the intellectual property theft. neil: you have toe find something substantive. >> confidence that it can be verified and tariffs put back on and they can cheat. both sides need it. both sides want it politically. economically helps both countries. most people in the investment community realizes it will not be everything we want. it's a first step past the 50-yard line down to maybe the 40-yard line not a touchdown the but that is good enough for now. neil: what do you make of that, sam? >> the good thing would be if we end up seeing a revamp upwards in terms of earnings estimates. if we do end up, maybe it is not a touchdown but we maybe at least advance enough that analysts start to feel optimistic. neil: expectations of this first quarter, the one we're in are fairly muted, right? this could be a contracting quarter year-over-year. >> already expected to be down more than 2%. neil: then again the
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fourth quarter was expected to be, you know, about half what we ended up seeing so play that out. >> last quarter, fourth quarter of 2018, was the 28th consecutive quarter which actually results outpaced end of quarter estimates. yeah, we could end up with a decline in the first quarter. but what we have seen recently is that basically all quarters have been sharply revised lower because of the worries about the china tariffs and international trade. the worry is that, prices lead fundamentals. so we saw buyer markets in mid-caps, small caps, near bear market on closing basis for large caps. i think analysts were saying, wait a minute, something is out there i'm not aware of. i need to ratchet down the earnings estimates. so should we come up with a trade agreement, i would not be surprised, lauren was asking what kind of a catalyst could there be for further price improvement in equities and i think if the analysts are
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building up their earnings estimates again, let's remember estimates were 6 1/2% growth for this year at the beginning of the year. now they're less than 3%. come back to the 6.5% level. i think that could add a lot of fuel to this rally. neil: lauren, when warren buffett says it is hard to find bargains out there, given the, that could be a testament to the market strength. today something looks pricey, might not appear pricey some months down the road you missed an opportunity but what he is saying is, without saying it, this looks toppy. >> we came up a lot in a really short period of time. that is why a lot of people are saying if you were expecting the market to average gain come the end of the year this, is it. we saw it already. in the beginning of the year. but the flip side of that maybe we were oversold in the month of december when we had the terrible. neil: what do you say took december out of the picture we had a great year.
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>> the fed is at the back of all this also. >> you're absolutely right. what you need to make a material new high, when companies report first-quarter earnings, give second quarter outlook, that you start to see earnings estimates increased but not so much that it brings the fed back in play. without any havoc from washington. if those conditions are met, we can make a material new high. >> there are so many clouds in all of that too. let's say we get the trade deal with china and we're out of the frying pan there, we're still back in the fire with europe, we're looking at maybe, section 232 tariffs on cars and car parts. so that is another trade mess that we're in. so, i think there are a lot of clouds for the market to get to these new highs. neil: the fact of the matter, a lot of people pick apart what could or couldn't happen in a china deal. i say regardless of your politics, it will be better than what we have now. there will be more of a commitment on the chinese part to buy more american goods, all the way up to u.s. cars and technology. might not be numbers or degree
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we trust and hope they will do that, verify that. but it will be better than what we have now. the question from you, will it be better enough to support the runup we've had based largely on the optimism? >> i think as lauren said, we probably got oversold. if you look -- neil: you don't think we're overbought with what happened since? >> maybe on a technical perspective because of relative strength and other factors like that, but in terms of fundamentals, i do not think so. neil: okay. >> if you use the old rule of 20, which basically says inflation plus p-e ratios have undulated around 20, going back to 1948, that would imply we have 15 plus percent price appreciation between now and the end of the year. neil: but we also have a market that's what, 16 times forward earnings? >> yeah. neil: the average is 17 or 18? >> yeah. neil: could you make the case there is a little ways to go? >> for moderate increase in stock prices on top of a 11% or
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so return you had this year which is a win. the risk you could get something out of left field in washington where that atmosphere is getting more and more poisonous. likely to get more poisonous. neil: so the wild card would be the mueller investigation? >> or what investigations the mueller investigations open the roads to because a lot of people are saying it will be a road map for a lot of state attorneys general. that will be sort of noise in the back ground and not positive noise f earnings estimates come up, then investors refocus on the fed, not just pausing, maybe having another interest rate increase or two. so you will not go up with the kind of rates we've been going up, but you could make some additional progress. neil: what is remarkable, there is still a lot of room to run here, if you argue the number of big money managers who have a large percentage in cash still, number of individuals who post the christmas experience last year are leery of this market. the contrarian could say there
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is a lot of room here to run because people are not appreciating what is going on? >> yeah. i, i know. neil: you're young and -- >> no, i'm not -- i did want, you're talking about a curveball. i'm actually curious your take on this, neil cavuto. if there, with the huawei case, if in this trade deal, the huawei criminal charges are tossed aside in order to get the deal that we want with china, would that be okay? neil: that could torpedo it. >> turn a blind eye to espionage -- neil: what do you think? that is a very good point. >> i think -- neil: we're proceeding whatever we're going to do against huawei, the foldable phone notwithstanding. >> 2600 bucks. neil: what do you think? >> i think it all depend how it is framed. if it is framed as part of the overall agreement they will make promises for the future, so forth. also knowing knowing president
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trump is in office for another two years f he is not happy, he will reinstitute tariff threats. that is on the backburner. >> they are softening subtling solvenning their line on 5g as they are in north korea with immediate denuclearization he backtracks on. he wants those two wins. he is running for re-election so highly likely he well get those two deals. neil: substantive with the north korean thing, discussions what denuclearization means? no nuclear. >> it's a photo-op. the administration walked back the position over the weekend already. it might mean no additional testing right now. no more ballistic missiles. this man is not prepared to give up his nukes at this point. >> it is happening in vietnam, which is prove that you can have a flourishing economy with one party -- neil: he wants that. >> exactly. neil: kim jong-un. as these fine folks were speaking here.
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we're getting a few details out of the vice president who will sit down with our trish regan i might point out. dealing with the venezuela situation. he is in colombia today. he is providing about the u.s. providing $56 million to partners in the region to get aid to venezuela. talking about assets to the guaido government. that easier said than done because maduro running all levers of government. holding out the carrot before the stick, he promised if the united states would offer sanctions relief to maduro officials who leave maduro, go to the opposition. more after this. ♪
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♪ [shouting] neil: this is the scene on saturday. venezuela, keyboarder points along with colombia and brazil. bottom line, no matter what you might think of nicolas maduro, he did prevent the aid from betting in there. juan guaido did not succeed in getting the aid there. guaido is reaching out to the western world to say we could use help and armed forces here. there in lies conundrum for those outside of the region, to see what they could do to help venezuela. generals, top military leaders, they're thick as thieves here trish reagan will interview vice president pence who is in colombia today. he is making sure we still have
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stiffer sanctions and punishments. juan guaido who we himself to recognize the legitimate president of venezuela. let's get the read on all of that, van hipp, former secretary assistant of the army. van, good to have you as always. what guaido is clearly saying. i tried to get my hands on the aid. tried to get trucks with aid into the country. wasn't able to succeed. that frustrated a lot of protesters. we were covering it live on saturday. we saw the palpable anger they were not able to get their hands on it. so what do we do? >>s it state department officials said this is the first inning of a nine inning ballgame. we made all the right steps and seen failure of socialism and march to freedom. 82% of the people, according to a poll recently, 82% of people want maduro out.
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100 defections to his military. almost to a man, most of the military are done with him but they're fearful. how do we do that? we have to use psychological operations. we have to reach military. there. open source intelligence tells us, china, china, who supported maduro's government, hedged their bets, they're trying to negotiate their debt payment with juan guaido. they want to make sure that communication is communicated effectively to the military that is loyal to him. face it, russia has special forces units embedded in his elite units, they know what is going on, people trying to defect. notice every time maduro is on tv, military supporting him, it is always prerecorded tape. one thing we can do, as far as humanitarian relief is concerned, juan guaido done this
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right, he told the military it, would be a crime against humanity, you will be held accountable. they need to understand, this is the time to stand and be counted. where is the united nations secretary-general? where is this guy? where is the u.n.? you have the world food programme. i would the trump administration would call on the u.n. secretary-general to take a stand, do what he can to get the international community to let the world food programme in there. let's show american leadership on that. let the u.n. show some leadership. kim jong-un has even let in the world food programme. he did it before the first summit. neil: let me ask you, some. ideas he bandied about, promising sanctions relief to a lot of maduro officials military, otherwise, who switched to the other side, could that be the key ending this? >> i get a sense from top military types, there are many
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who feel they want to do the same thing, they're afraid for their lives doing it? >> that is wise move by the vice president. we don't know how much it will take. there is no question, i believe the military is teetering there in its support for maduro. that is why we need to continue to step it up u.s. southern command is the our command in that part of the world. we have a long history, particularly national guard, military, forces working in the region. new york national guard was training in brazil last year. the south carolina national guard in colombia. we had elite special forces units in the region. there is a lot to have done build up goodwill with the allies in the region. the army has the best psychological operation there is. i would build it up to let the
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allies in the region do the right thing. neil: secretary, always great to see you. >> thank you. neil: van hipp here. we head to a commercial break here. we're up about 165 points, off the highs, but well off the opening levels as well. the fact of the matter is the opening lower levels. most dow stocks are up. last time i looked, 22 of 30 are up, disproportionately weighted in those benefiting from trade deal with likes of boeing and caterpillar. even goldman sachs and apple. our charlie brady who crunches all this stuff here, brainiac here, account for half the rally we've seen thus far. by the way, boeing, proctor & gamble, some of the others are in and ought of all-time highs today. we'll have more after this. sing that. ♪ vanishing deductible, you can... ♪ ♪ earn $100... ♪ earn $100 off... ♪ off your deductible. ♪ deductible.
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months with the leader of north korea, kim jong-un. he has a two-hour train ride to get over. there. vietnam is a thriving economy right now. kim jong-un wants to repeat success there with, what could potentially happen in north korea. let's get a sense of all of this with don peoples, national real estate developer, big democratic fund-raiser, donor, very astute read of all things political and economic. don, this trip for the president, combined with the progress that appears to being made with the chinese, those could be powerful one-2:00 combos, couldn't they? >> the president has made significant strides economically. if you look at issues with him, only politically his personal style. neil: right. >> anytime he makes any kind of slip personally then the media to the left is on him. i think that is his biggest challenge. neil: right. >> if you looked at his policies and how they are affecting our economy, it is hard to find
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fault with it. neil: the market looked like it was heading into bearer to as soon as december, recouped losses. the dow is up 16% since that time, very close to maybe getting back to all-time high from back in september, what's going on? >> i think things are settling down. a lot of money taken off the table by the end of the year and some uncertainty. the fed was running up interest rates. that scared a lot of people, a lot of investors. i think now things are stablized. the fed is calming down on rate increases. neil: right. >> i thought the president, i thought people went at him incorrectly. i thought him sizing the fed being too aggressive on interest rate increases was a good thing, it made them stop and pause. neil: turns out he might have been right. >> he was right. neil: whatever people think about donald trump, he was right on that. having said that, i know you're a democrat in the dna here, you're looking at a very crowded
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field and i know you're very concerned about fairness and someone who can come forward with the democratic party emerges beyond reproach. i know you were concerned way party treated bernie sanders against hillary clinton. >> i think joe biden is the best for democrats, do it for one term, pick a running mate, say like kamala harris, give her an opportunity to learn what it is like to be close to a ceo position. neil: say ahead of time, like james polk, i will make it one term. >> yes, absolutely. neil: yes. >> stick to it that will solve the age issue. the biggest criticism to the vice president is his age. neil: he is 76. >> but the democrats need a moderate democrats to slow the movement down to the left or they will lose a lot of people in the party including me. how many of us want to raise money, giving money to get our
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taxes jacked up? people go out there saying taxes are too low. if they want to pay more in taxes they can write a check to uncle sam. neil: but your party is getting to the point whoever is the most left wins. whether it is alexandria ocasio-cortez or whatever, that this wave is what gets the attention and that is where the passion is in the party. to your point that might not resonate in a general election, so what happens? i would think in the end democrats would rather win than state a case for higher taxes but what? >> that far left movement gets a lot of attention. it is engaging, especially some. congressional races with turnout are so low? >> 32 of the 40 seats the democrats gained were from moderates. moderates. >> low turnout. voters are turning out in lower numbers. they're not engaged. so i'm not sure that is a winning strategy. by the way there are so many to
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the left now, i think ultimately the standout will be the more responsible one f you look at harris, she is trying to carve that space out as much as possible without offending the left because the party is becoming a group of panderers right now. if you look at all the candidates they're empathetic panderers. neil: if joe biden would not enter the race would she have the edge right now or is it hard to say? >> it is hard to say. there will be 15 of them like with the republicans, 17 of them lined up to run against hillary clinton. they felt who won the republican nomination felt they had a good shot at her. now i'm not sure voters will say we'll go with elizabeth warren over trump in a good economy. neil: if you're a moderate democrat, i'm wondering whether, the business leaders you talk to, or democrats, are they worried about this? we could be grabbing defeat from the jaws of victory here because the way our party early on, it is still early, is going?
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>> yes and it has gotten worse. i've gotten some calls from friends who are ceo's and entrepreneur, especially since amazon walked away from new york city saying we have to put an end to this because this has got to stop. it will destroy the party and destroy new york city and puts the country at risk. so the democrats will run the risk of losing a strong fund-raising and business base if they keep turning left like this. neil: don, good seeing you, national real estate developer. democratic fund-raiser, donor. a lot of people suck up to him in the party. we have a lot more coming up. including the frenzy over the foldable phones. one thing when samsung galaxy came up and huawei, if it gets opportunity to sell such a product here that will set you back $2600. if it comes here. that is all the rage. people like to carry around something the size of a
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neil: they might ever make it into the country givent security breach we claim huawei has with espionage all that other nonsense but right now, huawei has what on paper would be largest screen, largest foldable screen at most expensive, $2600. not beefing up with more memory, on heels of galaxy samsung offering the same. when they have their foldable phone making it to the market. 5g capabilities. tech analyst, shana glenzer is here. that is the future or is it? >> certainly the craze with
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techies, those with high disposable income. people i talk to today, don't understand a foldable phone is helpful to them when they have already a regular phone. there needs to be clarification for them. there is solid market opportunity looking for for more productivity on their phone, not carrying two devices a tablet and a phone around. neil: it won't be a flip phone, version motorola had out many years ago. there was really a flip phone. it was small, light, convenient. my wife loved that one. i had to bring here into the 21st century this is different. explain what is different? >> foldable phone, caught me on my lingo. neil: i hardly know it. >> flip phone, my father-in-law, he still has a flip phone. they are out there, i saw it last weekend. no, foldable phone wrapses -- well many ways it is being
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envisioned and prototypes are coming out. generally the way for a phone to extend the screen, instead of it being flat, you can open it up, it is double the size. with huawei they're looking at an eight-inch phone. most phones are four to six inches. samsung is looking like at 7.4 inches phone. what they're going for, look, you have better viewing for all of your favorite netflix shows. you have more productivity. you can operate three apps at one time on this little laptop. neil: just get a laptop, shana. where does the battle line cross? >> value, conceived value, you can still fold it, for at least men, fit it into your back pocket. for women, whole story with smaller pocket size, but it's a struggle. what we're seeing is, what i think value will be, you don't have to carry on a laptop or carry on a huge ipad, tablet, whatever version you like. neil: got it. >> you can fold it, stick it in
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your pocket. there are added cost for memory. none have headphone jacks. you will need a blue tooth device. and other components to be productive as you are on the current phone. neil: what is interesting, we're showing with some of the samsung offerings there, you can charge other devices with it. i just have a feeling, i should posit, i have both apple iphone, galaxy phone. i can attest to each of their strengths. samsung seems to be more innovative player thus far, puts pressure on an apple, what is your sense of this? >> my sense apple likes to come to market, or currently likes to come to market things they feel confident with design and execution of. first iphone dropped a bunch of calls. it was harder to use. neil: right, right. >> they're aiming for perfection. that is keeping them back from being the innovative leader perhaps they once were.
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applying an opening for samsung, huawei and others to show what they have got. certainly, huawei's phone was really not just a prototype, it felt like, samsung's phone felt a little rough around the edges. huawei's phone is really amazing feat. i'm excited to get my hands on it at some point. neil: theirs is ready to go. that is another scary element, depending how we treat huawei. >> right. later this year for huawei. neil: whether you can get your hands on it in the united states. shana, thank you very, very much. we always learn something from you. tech analyst, tech consulting principle there. the debate over smaller refunds. i know we raised this on this show. whether you're a fan of the tax cut or not, but it does stand to reason, if you're getting more take-home pay during the course of the year, you're not getting a big refund end of the year, into the new year, nevertheless that seems to be the focus with the assumption being tax cuts failed. let's keep the politics out of this and crunch the numbers.
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average refund is 17% from what americans were getting last year. this can change on a dime, very quickly adjust itself, why is that? a popular sort of read on this, americans were getting back refund they would normally get at end of the year during the year, avoiding giving the government essentially a free loan, in interim, getting it during the year. let's get the read from property tax reduction consultant president sean acosta. we don't know for sure the final numbers on this, still early, but the early read is, that the refunds are smaller, is that a worry? >> well it is a worry for most people because at the end of the year they want to have a refund check. during the year they have been getting extra 20, $30 per paycheck. that is over $1000 people have been getting so far. neil: okay, but, wouldn't you prefer, i don't know what you tell your clients, wouldn't you prefer getting that money during
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the year than waiting for would essentially be a 0% loan to uncle sam into the new year? >> most people at the end of the year want a refund check to pay some of their bills. so the, they don't mind not getting their 20 or $30 per check. like a savings account for them. neil: all right. i understand that, but i always have trouble understanding why am i going to give like a christmas club thing. >> right. neil: you get that at the season, but you really hurting yourself, aren't you? >> which believe that, you know, i mean the biggest thing here is all the deductions that you have. you have to make sure your property taxes are being fairly assessed. you have to make sure that you check that every year like you check your income taxes. you got to make sure you're paying on your fair share of property taxes. that is the biggest thing here right now. neil: i do think there is differentiate tore for those in high-taxed states. i have live in new jersey, work
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in new york, in other high-taxed states, when you're limited to the 10,000-dollar deduction for mortgage interest and taxes it is a whole different can of worms, but do you think net-net, americans came out ahead of the tax cut? >> you have to remember $10,000 is on all your houses. most own a house and summer house. $6,000 on one house, 6,000-dollars on another house you think you can write off 10,000. no, you only write off 10,000. where i go in the united states, if it is florida, texas, new york, people own more than one home a lot of times. now all of sudden they think they can write off $10,000 on each home, it is 10,000 all together. neil: by the way you don't have to have more than one home to be well over that -- >> especially here in new york on long island. it is crazy. neil: thank you very, very much. that is something charlie gasparino hates by the way, reality for those in high-taxed states, you're finding out it's a little more than you thought.
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>> here is what i wonder about the trump tax plan and a lot was said putting money in people's pockets immediately. the left, rich people were getting away with murder they're really not here, they're getting screwed. here is the one thing, we won't know it until the end of tax season, some changes done to the amt, the alternative minimum tax which some ways benefited higher income people. higher income people did not what went on with state and local taxes, right? do they balance out? does ending of anything, is capping of the salt deduction at $10,000, is that sort of leveled out by the end of some amt stuff? you get benefits that you got screwed in the past on amt, that you are not getting screwed so much now. that will be the real test -- neil: for -- >> we don't know. here is the thing, it could be a 2020 issue. neil: it could be.
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>> as we're getting into the 2020, i can tell you that socialism, i've been speaking with some of the white house people the last couple days, socialism will be part and parcel of their attacks on the democrats. i mean they are just salivating, licking their chops at the notion of bernie sanders, elizabeth warren, even kamala harris, you name it, if they go far left, if they start channeling their inner alexandria ocasio-cortez, this is going to be all-out war fair branding them as socialist. the guy i hear they trot out is larry kudlow, old friend of mine, former cnbc colleague of mine, free market economist for many years, great on tv. knows how to frame these arguments. i hear he will be front and center -- neil: to say what? this is not what you want? >> he was good on that on tv. neil: very good. >> he was able to say here is what statism and leftism has given -- he is good on the history of it. he is going to make bernie
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sanders and elizabeth warren and other folks like the second coming of karl marx. neil: it wasn't by accident that the president at the state of the union address kept mentioning socialism thing. that is already being played out. >> they have a t v-cast. everything about trump is tv. he is tv. our old bosses work there, bill shine, knows a lot about tv did it for many years. larry kudlow is tailor-made for the tv performance of dramaization of democratic party -- neil: which could explain kamala hair remembers and some others are dialing back, we like some of the ideas but even dianne feinstein in the video with the kids, you have to find a way to pay for that. they're trying to dial it back. >> they're walking right into a trap here. i'm telling you larry is very persuasive, aggressive, good on tv the only thing i will tell
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you about larry i don't know if he will stay in the administration throughout the campaign. there is one thing, from what he always told people he wants to put a year in there. i don't know when his year is up. neil: it's a grueling job. >> it's a grueling job. if he stays, it will be interesting, he will come on our show, do other shows, he will be one of the point people that is socialism. look at history of socialism besides death and labor camps it proposed. it has been horrible for economies. neil: looking at venezuela, this is what happens when you run out of money. >> you don't have to go back to russia or cuba. just look at venezuela. neil: right on our doorstep. what is the sense of democrats, dick dish bind, kamala harris, dianne feinstein. >> sherrod brown as well. neil: say go slow on this? there is a little bit of a battle going on for the money soul of democratic party. >> here is the thing, the party
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very identity lately made up of, depends on socialism essentially, on the economics, on social issues, essentially identity politics. neil: right. >> so it is heavy on those themes. that is what animates the base. i don't know if an adult can come in the room, say, have a kumbayah moment, we have to stop beating up on white men. we have to stop preaching you know, near communism an here is how we'll be a more bigger tent party. that is the party they have. as bad as trump is in the polls i think socialism polls a lot worse. when you start framing the issue, not like, do you want, do you want the government to pay for your college education? of course i do. but they will frame it differently. larry will come out, do you want the government stealing your money, you, mr. taxpayer, giving it to somebody else, you're making it by in new york on 100 grand a year because they think you're rich?
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i'm telling you they will go after this in a lot of interesting ways. neil: the battle is on to your point. thank you very much, charlie gasparino here. we are focusing on the markets. the dow is down a little bit more than 2% away from the falloff from highs reached back in sent of last year. a huge comeback even down from the highs where we were in december when we were free falling into a bear market. that was then. the dow is up 16% plus since then. we'll have more after this. was ahead of its time. i'm .. to be the best,
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but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain
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abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid. neil: driving the stock market right now as we get closer and closer to what i, unreachable when we were spooning and we are very close to bear market territory coming down s&p 500. both averages since that time appreciated about 16% of the dow for example by 2% or 3% away
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from matching high as they highs i believe made last september. a lot of this on the hope outlays of some sort of video could be scored with chinese and that it might happen later. the president already talking about a signing ceremony as he leaves for vietnam to sit down with the north korean leader kim jong un. blake burman following all this at the white house appeared trade haiti company altered a lot of action for a trade deal over the last 24 hours or so. the action from president trombetta saw him declare that the deadline to get a deal done by this upcoming friday would be put on hold so that means tariff levels will not be increasing on friday into saturday even if there is a deal by then because the president and his team know they are moving in the right direction. the chinese backwardness and sentimental little while ago. they put out a statement saying the following about 45 minutes ago. the chinese delegation said
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substantial progress was made on such specific issues such as technology transfer, protection of intellectual property rights, non-tariff barriers, service industry, agriculture and exchange rates. the u.s. side says currency manipulation. in any event, early this morning before leaving for vietnam which the president did a little while ago, some even suggested that there could be what amounts to a signing ceremony at some point tear down the line. >> i told you how well we did with our trade talks in china and it looks like they'll be coming back quickly again and we're going to have another summit. we're going to have a signing summit which is even better. hopefully we can get that completed, but we are getting very, very close. reporter: all of these good feelings that lots of talk coming from both sides, but still pretty big issues to work here. the enforcement mechanism how all this will be enforced for all the issues they're talking
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about. it's not that provisions mean if anything is sort of broken. how might the other side be penalized for that. when we talk about this date in the deadline was friday, the pause button has been hit on that. it is still unclear whether or not there is a new deadline and if there is what the deadline might be though the chinese have talked about a potential may 1st deadline in any event. things are moving in the right direction and potentially this could get wrapped up sooner rather than later. neil: thank you very much. blake burman at the white house. the chinese stock market today was up in excess of 5% back into bull market territory here. let's go to ed mills, the raymond james public policy analysts. good to have you. >> great to be here. neil: do you think the markets are getting ahead of themselves. we are going to have a deal. >> yeah, i am not going to
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downplay any of the kind of optimism that there is today. but what i've written about as i talked with us or is there is a lot still don't know here and it seems the one person who wants a deal is president trump and he has all the authority here. he could put him back on. i really want to know the details exactly what has been agreed to come exactly how much china's going to purchase and i really want to know if the existing tariffs come off because i think that is the next thing the market is going to be looking for in terms of are we steady-state premiere up or down. >> it's interesting because you could look at this and say did they get enough compassion by almost any measure is going to be better than whatever trade relations we have presently. at a minimum it will be a little better. the question is how much better. then it becomes the issue how the chinese verify the chinese commitment to buy more goods or
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to stop cheating and all that other stuff. >> to push back on that a little bit as there's actually a thread here that if we cut a deal that a shorter but we have been pushing for, that could be the worst-case scenario for the u.s. economy because what we would have been showing china as we are willing to push as far as we can. but when the market sold off a little bit, we pulled back fast and we were really serious so china can get along with all the things we have a concern about without any real concern. look at before they join the wto in were pushing them hard on human rights abuses. we've not had a credible case here since. it's not going to be the same thing here i'm tariff issues in intellectual property theft in all the other structural reforms were trying to get changed here because that's a real threat unless we get a deal of
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substance. >> we will talk to a former reagan in the next interview here. or in a court that was and how do we verify what the chinese. it would take a while to verify whether they're cheating or not. but the trump administration and the chinese leadership, there have some time here before we would know the degree to which their compliant or not. >> yeah, got us on a concern to china hawks have had within the trump administration that china consistently tries to delay everything because they think china is on their side. ultimately, there's going to be a whole list of ways in which we can possibly verify, but the verifier in chief is going to be trump. we have the optimism with the stock market today if he believes they are not living up
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to this bargain or if he needs to change the story for any particular reason for always one tweet away from doubling down once again on this site. there's a lot we need to work for to get any final resolution. >> thank you very much. the more immediate summit is kim jong un of north korea. that's a lot of people going back in time to when ronald reagan was meeting with mikhail gorbachev. the famous than you might not know about that when they met was the president ronald reagan was willing to walk away from that. it's immortalized in some sculptures at the reagan library for the president was at the last second told the soviets at the time were going to put a teacher there that they would suspend their defense
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initiative. reagan heard that. so would president trump be willing to do that at the last second the north korean bolted or may not put on a commitment. reagan assistant press secretary mark weinberg, joining us right now. mark, that was a famous historic moment when even those about ronald reagan were shocked to learn that he was ready to go and would go and it got everyone back at the table. >> it sure was that he was ready to go when he said i don't know what else i could have done a gorbachev said you could've said yes. reagan wasn't when you say yes. he knew what his position was that he felt ambushed by the russians. president trump would be well advised to be willing to walk away if he doesn't like what's happening in hanoi. trade you refresh my memory on that, mark. that was something snuck in at
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the last minute for the russians were pushing this thing about the "star wars" defense plan and they thought if they snuck it in their been recommending the president would feel i've got to go with this beard he immediately said no, forget it. the mike ronald reagan doesn't respond well to ambushes or public pressure of that kind. i don't know who the soviets thought they were dealing with, but there would be no deal. reagan offered to share with gorbachev the technology so that both countries could be protect it against the threat of nuclear war and gorbachev said i want you to restrict it to the laborde torry as reagan said after. reagan said now i'll share it with you but i'm not going to restrict the thing that was the end of the summit. train to ronald reagan pappas himself. it was an aide who brought it to his attention. he was actually reading the document and caught that.
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george schultz said what is this day he went ballistic. i'm wondering when you have donald trump and he sees denuclearization -- to me it means stop the nuclear stuff. i understand their differences in in how you get to that goal. but what does the president have to do because he's the one traveling 9000 or 10,000 miles across the globe to make something happen. >> exactly right. the summit, and the second someone has to yield something. even if it's an end to the war technically. it has to be more than a photo opportunity. refer to have that. there has to be a substantive accomplishment that the president can tell the american people otherwise he might well have done face time or skype or written another one of those beautiful letters. this one has resulted in something good as we learned, sometimes second summits can be
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dangerous. neil: i am wondering about what that something would be. obviously kim jong un has told michael bale i do want my children to be worried about -- that has been a bargaining chip he has used, so for him to disband that entirely removes a significant had for him. >> of course it does but it has to be done. there has to be denuclearization of the korean peninsula. that is nonnegotiable. the timing and how it gets done is negotiable but the idea of doing it is not. there has to be a firm commitment in a verifiable regimen forgetting that done. president trump comes home with something less than that for nothing more than just another handshake you will not have been a successful summit. neil: albright, will watch very, very closely. mark am always a pleasure. thank you very much. back in time to visit the reagan library and see the section museum where they relive that moment.
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country. he had visited columbia for a concert to raise money for those affect you. 30 million venezuelans affected by all the senders wanted to get their hands on the medical supplies, the food. all these checkpoints around the country that can get in. u.s. officials are asking the u.n. security council to meet to discuss the venezuela situation. no word on whether that will come to pass. trish regan will be sitting down with the vice president mike pence who was in columbia today. again, juan guiado is who we deem to be the president. we need to find a way to get maduro out. nicholas maduro, isn't budging your former u.s. navy intelligence officer don kramer with us right now. very good to have you. would you anticipate here? where is this going?
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>> we are looking at it they cannot get into the country right now. in fact, 250 tons of u.s. aid sitting on a ship just off the coast of venezuela appeared the venezuelan government has said they'll opened fire on if we try to break their rights. there were six citizens on that trip, so should they open fire that's going to change the situation drastically. however, if you look at this right now, we are increasingly. this morning, president announced they would be putting sanctions on former governors to bring a halt to this and overthrow maduro who shows no signs of budgeting. neil: you know, you almost have to buy the lava seems to be done. the other thing the vice president was telegraphing is relieved to maduro officials who switch to the other side. they will not be punished. they will not worry about sanctions themselves. content is in other words for them to jump ship. but precious few are ascending.
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>> over the years has been a test where maduro has continuously while he exploits his own people have filled the pockets of his generals. in fact, if you look at the number of generals the venezuela house, they can't close to almost outnumbering the united states. if your general for maduro you live a pretty good life. the stronghold is going to stay there as long as his coffers hold out, which we know sanctions will soon be a test of wills. neil: we were monitoring this past week on saturday. we were struck by three soldiers at a time. someone told me five when all is said and done and the regular soldiers, who threw down their arms and left. but one of them was quoted later on when he was in columbia to say there are many, many others who share that view and want to do the same thing but they're afraid for their lives and their families lives.
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>> as of this morning, the blast occurred as we've got about xt venezuelan regulars were thrown down their arms and surrendered. but you're exactly right. the generals, officers have said anything done, they've targeted military folks who have said they want to come to this side and go to the opposition. not only are they afraid, but they're afraid for their families. neil: there is no way to prove this and you're probably privy to this much more than i would be. russian elements, other elements that are already there that are sort of giving things up. what are you hearing on that front? >> from this point you're right we've got a lot of data there is for maduro's allies that are trying to keep this sad day. it's a long shot for putin while he has a lot invested in maduro, over 100 million. the thing is he doesn't want to extend this to far because as you know he's got enough going
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on at home with his own economy. i think he'll show support, but i don't think it'll be a great deal. transit will watch it closely. thanks for taking the time. a greener deal that has the likes of people like alexandria ocasio-cortez coming up from coming up, feeling emboldened to say she represents the passion and the will and is in fact the boss of her party. others in her party big to differ. after this. see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy.
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you do it. because you're not. because you're not. so until you do it, i'm the boss. neil: aniline to propose something. of course you cannot pay for it and that's where they're some in the democratic party different with congresswoman cortez because their thing and it does not appear there for the same goals but a plan that has really no sort of cost break down, that isn't exactly great. a lease that the battle royale on the democratic party. some say they want to be typecast as signing on to something that doesn't have a clear price tag and direction on it. daniel maclachlan in the national review contributing editor, and deroy murdock. no one denies the congresswoman's passion, but does she speak to the party and
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for the party? >> i think it's amazing how this freshman congresswoman has been there for two months or so. i describe her as a one-woman democratic national committee. she comes up with things that a year ago or six months ago would've been crazy. abolishing i.c.e. she and bernie sanders has been pushing medicare for all. whether you like it or not she got ed markey, a senior senator to back it. neil: i made a point of getting my hands on the whole thing and there is not a lot there. i know danielle, one of the things that have been raised as he did not the plane when it suddenly in the man on the moon. but i was little bit different. there was a strategy and a step-by-step goal for that. i'm wondering, this leftward lurch is going to hurt the party. a >> well, climate change is a concern for all depending on how you characterize that.
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it's a single-payer, universal, very popular with democratic party speared neil: but it's doing away with part of a strategy. >> the greener deal is the estimate. how will this be paid for. a carbon tax. cap-and-trade. how will this be done? people singing the democratic party is a little unfair. this is a state of ideas. neil: well, that she's selling it is not just a state of ideas. a blueprint of which too of which too late. and then of course there's the problem with the breakdown of this answer that was also wrong. dude do roy's point, she's a rock star. i get that. but if you're going to be a rock star, is contingent upon you to have your facts in order. >> she said she is the boss, which for me i think that's an incredibly arrogant statement to make it the reason you think
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you're the boss is because you came up with a plan that didn't work. neil: to his point, she is leading this charge. >> she has, but it doesn't work at it like me say we're going to travel around and unicorn, am i the boss now? did i just become the boss? my plan works as much as her plane is going to work. i don't know why you're out there bragging if you didn't find a solution. they are ideas that don't work. ideas don't matter if they're not viable. >> presidential candidate -- i agree. you've got kamala harris, corey booker. you don't hear democrats saying that the unicorn idea come you're crazy. that's what the party is right now. >> i think one of the problems with what she sees there is she stands on the shoulders on climate change issues for two or
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three decades. united nations had a greener deal in 2009. trillions of dollars put into it. certainly -- neil: president trump should've abandoned the paris treaty. you could argue there was a carbon tax for the richer nations versus the poor nations. you could accept or reject whether there was a logic to it, but certainly a lot more logical and well planned out than some of the things i see. >> the idea this can be done in 10 years is clearly not possible. neil: she's thinking about something others have done across the globe. again, whether you buy the climate change plan or not, it's a lot more details and a lot more pattern than anything here. >> is necessary to have a plan. i do believe climate change is an issue. proposing things pie in the sky helps as much as doing nothing.
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>> it's not a something of global warming. this is the end of her list of principal she put out a couple weeks ago. provide high-quality health care, housing, economic security, healthy food in nature to all. that covers everything. everything for everyone. >> she's talking about land to date lands. would we be presuming them for future generations. neil: the jfk comparison comes up a lot. the different time, different environment, but will get to the details later. >> we are talking about climate change. she is getting a buzz. people care about this. tmc, millennial and younger voters. neil: there is a conservative in the white house, but i look at
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things just money. i know it sounds trite when i say it. it's not red or blue, just green. show me how the green supports whatever your agenda is. and i don't see it. republicans are hardly in a position to bribe. i felt both parties are not addressing overall spending. that is something that hurts both of their credibility. the green initiative without spelling out how to come up with the green to pay for it just a much as republicans talk about being good fiscal stewards. >> i'm angry at both parties. someone who is fiscally conservative but i don't have a place in either party is neither one seems to care about spending. something like this is so clearly ridiculous that i don't understand why she keeps bringing it up. she should spend her time instead of bragging how great she is trying to figure out
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something inviolable. choose a representative. neil: like i said in the beginning here, she speaks with the passion of the party and that might be the part of the party that shows enthusiasm for democrats. >> that's right. he imparted the democratic party beats inside the heart of aoc. i think her ideas are largely unseen, but people seem to be slapped by her insanity. guys, thank you all very much. a lot more including oil prices. they were falling today because of one tweet from the president of the united states before he took over vietnam. i'll explain after this. nah. not gonna happen.
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heat detection, navigation that will let them recognize and target relevant threats more quickly. some microsoft employees do not want its product in the military's hand. wrote an open letter worried about helping people killed. microsoft employs don't want the technology to turn real-life warfare into a videogame. we reach out to microsoft. we ask that they are responding to employees. here is that, we got back in the company. we appreciate feedback from employees and provide many avenues for voices to be heard. in fact all heard for many many employees throughout the fall. we are committed to providing technology to the u.s. department of defense, which includes the u.s. army under this contract. this is not the first time workers have voiced concern. last year they wanted to cancel a cloud computing and a.i.
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contract with u.s. immigration and customs enforcement. microsoft says it will do this with the defense department or any other government unit, but it does let employees change positions if they're existing roles conflict with their values. other tech companies, amazon and google has been heightened activism as well. they bristled over business relationships with the u.s. military or law enforcement agencies. sometimes uncomfortable overlap for the workers. back to you. >> the new york stock exchange here. the president might've had something to do with a big drop in prices in the latest response treating out oil prices are getting too high. please relax and take it easy. the early morning papers enough to put pressure on markets already dealing with pressure. phil flynn on what is happening right now. what you see?
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>> i see a president that can move the price of oil. we heard for years we really can't control the price of gasoline and oil. look at this. the future price for gasoline fell 6 cents a gallon. why do you think the president did that today? number one he probably read the report from "the lundberg survey" that said gasoline prices have gone up 10 cents in the last two weeks. part of it is a situation in venezuela that continues to rock the global oil markets. there's a lot of concern that the lack of the heavy venezuelan oil could mean the gasoline prices will be a lot higher. that's making a lot of that nervous. what donald trump is singing relax guys i know you want to get oil prices back up, but take it easy. we have a market that's very fragile and an economy that's very fragile. we do seem to be bouncing back
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if there's more reports coming out the u.s. has put a name and structure sanctions on venezuela because of the actions, the despicable actions took over the weekend because of the violence they're also calling on other nations to freeze the assets of venezuela. so that might give the market a little bit of boost. hand it to donald trump when he doesn't like the price of oil he tweets. a lot of people in the oil industry are very happy with him. they want higher prices. having a hard time making money at these lower prices. donald trump really has to balance who he's rooting for. >> i hear you. thank you very much. in the meantime, waiting for more details who could be charged as soon as today in the prostitution -- we are on it.
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and a chance to work and it's been a top-notch organization from the general manager to the coaches and the front office. going all the way up to and including mr. kraft. i think much of the rest of the country is looking at this through one of three lenses are the legal process we see playing out now. the second are the optics and the perception and thirdly is what you mentioned and that's the national football league and $13 million a year and see an industry who has a marked history of punishing players and owners alike for deviations of the personal conduct policy. neil: is what would the punishment be? >> that's a good question. there's no apples for apples comparison predictable stark examples in 1998 or 1999, suspended for your pre-2014 with the colts got six games than $500,000 to last year, mr. richardson, former owner of the panthers was fined over
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$2 million thereafter. the conventional wisdom and i'm certainly not suggesting it by any manner but they seem to say mr. goodell will punish mr. kraft to the fullest extent possible which looks like six games in $500,000. neil: the other added dramatic element here is besides the prostitution charges that they stem from an investigation into a human trafficking ring, so it's a little more involved than not. >> that's why instead of these three rings with a venn diagram, the most concerning at this point is the second in the court of public opinion. the wheels of justice are in play and will bear itself out in painstaking detail. the real concern is the court of public opinion. the op-ed writers take their swipe in the real danger that mr. kraft runs into it to be quite honest as they don't take control of the narrative. so many people use the term that it's become almost cliché. for those of us that work in
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public relations, taking control of the narrative is a proactive aggressive role to make sure the entire conversation and focus is on the issue at hand. they may have nothing to do with commissioner goodell whatsoever. they don't take control of the conversation and make sure our discussion focuses under florida statute, that it runs the risk of essentially becoming the uncapped pen in your pocket that bleeds all the way across and become something entirely different. it was never, ever capsule aided them wasn't relegated in terms of scope and the damage is unequivocal. i'm not trying to play doomsday or say that's going to be the case with mr. kraft, but that was certainly be my focus. the court of public opinion because there's far less evidence, far left impartiality of and a sense of judgment amidst the twitter mob in the court of social media justice can be unrelenting at times. neil: he had a lot of money for the newly compatriot. can the nfl for some to leave
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the patriots are to sell the team outright, to disassociate himself. >> at the possibility but not a probability. this is ironically the 25th anniversary from purchasing a franchise for $174 million. patriots are the second-most valuables franchise by roughly $320,000,000,000.2 only to the patriots. specifically this comes in under the nfl constitution article viii. in that instant with his wife they found a probability. one of two things have to happen. the commissioner have to bring it to a vote or an owner who's sitting on executive committee. and then 23 to 31 owners, mr. kraft be in the 302nd. 23 of 31 would have to vote if the conduct were so detrimental to the integrity and the value of the nfl as an entity and an idea that sale is inevitable. the probability of that happening is incredibly low.
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most assuredly a pr black eye but not a fire sale for the patriots. train to real quickly the patriots are the second biggest franchise. what a first? >> the dallas cowboys. train to thank you very, very much. the vice president has just wrapped up an interview with trish regan about potential u.s. military involvement in venezuela. some surprising thoughts after this. based on what's trending or an investing goal. it's real-time insights and information, in your own customized view of the market. it's smarter trading technology, for smarter trading decisions. and it's only from fidelity. open an account with no minimums today.
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action today? >> we're simply not going to allow a regime that terrorizes and oppresses and, brings such deprivation and poverty to its people to continue. neil: all right. the vice president with trish regan in colombia today, indeed all options are on the table when it comes to venezuela. the country unable, unwilling that is to allow from aid outside of to get inside of venezuela. let's go to "real clear politics" associate editor a.b. stoddard. if all options are on the table including military that would be a big leap what do you think? >> look, we heard since this emergency, this crisis in venezuela came out into the spotlight in january in terms that of the revelation our government was talking to guaido and making him the interim
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president and other nations are recognizing him as well and rejects maduro, throughout this conversation these last five, six weeks, has been the question whether or not the u.s. intends to go in there to prompt regime change with use of the military. there is clearly, neil a desperate, very cruel, tragic humanitarian crisis unfolding in venezuela. it was upsetting for everyone to see over the weekend, this humanitarian aid and food aid blocked from, in violent protests from reaching people who desperately need it. venezuelans who have lost 25-pounds in the last couple years that remain there. millions have fled. it is truly desperate. if there is some planning for a multilateral multination humanitarian initiative that would not be a invasion of
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venezuela to topple the government, that might be something, if it is well thought-out and well-executed with the support of many, many nations that could be a success. but people are very nervous that more than 70 nations were in a coalition in syria when president trump quickly said we were going to get out there have. what it would mean in venezuela when "the wall street journal" reported in the last month alone that the administration is looking at dismantling, destablizing governments in nicaragua and cuba. there would be a huge pushback from people who support maduro, but people and chinese who look down on intervention effort and could bring a big debate what the u.s. intend to do here. neil: what is sad, we were covering live this weekened on fox news channel what is interesting the frustration that was palpable on the part of
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venezuelans, thought some of the aid would get n not so much as a single bandaid. you can't imagine i'm sure the frustration and sense of loss, people think it's a given, to juan guide guaido, to his credit he was riding alongside one of the rigs that would go into venezuela with all the aid. couldn't, didn't, that has to exasperate things. >> the problem if there was a way to effectively intervene with the aid after what happened over the weekend, to help figure out a way to have guaido come back in and figure out of course for prompting of more defections from the military away from maduro -- neil: that is not happening. we're not seeing a lot more defections. >> that is the problem. it is increasingly violent. it is not happening quickly enough. it would mean any kind of
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confrontation would be much more violent and turn into something that lingers and becomes a war. neil: right. you know, what is kind of interesting we offered incentives for generals connected to this government, the maduro government, that there would be no punishment, complete immunity, just switch sides, everything would be all right. we offered them again, sanctions relief to maduro officials whether they were still resident inside the country, outside the country, very few takers unless that changes he who has the generals and top military brass has the control. >> right. we have to figure out a way to undermine that. of course the people you mentioned who received offers, fear from maduro. dictators like him have very strong hold over these people. without it, we can't proceed. we have to find a way to break the grip without becoming more violent. without becoming a military operation we commit to we later
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regret. neil: switching gears if you don't mind on the north korea summit, the president says he would be satisfied, they keep holding off on missile tests for now, that he didn't say good enough. i don't want to to miss characterize what he said, we have to see proof they are disarming whatever, where do you think things go this week? >> our own government do not agree with president trump just a pause in test something good enough. the missile defense report in pentagon in january still calls the north koreans ability to get missiles here and rockets and extraordinary threat. you saw secretary of state mike pompeo call it a threat yesterday. dan coats, gina haspel, other intelligence experts saying north koreans cannot give up nukes. there cannot be a third summit unless there is more of a --
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neil: sorry to jump on you. a.b. stoddard. charles payne, as i said back in december when everyone was worried about -- look what is going on. ye of little faith. way to go. charles: thanks a lot, neil. good afternoon, everyone. i'm charles payne. this is "making money". now s&p 500, nasdaqing all hitting new 2019 highs. so what's next for the markets? how high can this market go? i have a dream panel weighing in on this. i will go in depth if the tech unicorns are great investment, certainly on the first day, do you want to chase them? vice president pence meeting with juan guaido as venezuela's opposition calling for military intervention. the u.s. and united states military, should we move that
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