repayment. jpmorgan loaned newman -- old joke, stuart. stuart: i find this unbelievable that a man who wrecked the company's ipo, lost a lot of money for softbank -- out of time, neil it is yours. neil: quick peek at corner of wall and broad. where the s&p 500 is closing in on a record, still 17 points away from the july 26th highs. we're getting close. we'll detail that in a second. we're awaiting word on a brexit vote that could come today. it might not come today. we know that boris johnson is not pleased with what is on the table. he himself could yank it. a cease-fire ending day, creating more fire from all the principle parties, president erdogan is sucking up to the russians and the russians are happy to play the disruptor. new china trade progress but no guaranty a deal will be signed.

china says unless you remove the december tariffs we don't have a deal otherwise. david dietze and kristen anderson, last but not least "the wall street journal" wealth reporter, veronica daguerre. david i will begin with you. one out of five s&p 500 companies have already reported and 82% beating earnings estimates. 63% top line revenue estimates. so far, so good. what do you think? >> i generally agree with that. remember the bar was set very, very low. of course companies forced analysts to push down the ratings so it is easier to beat. neil: i thought i was only one who did that. gave my parents d and fs and see cs would think i was genius. >> they learned from you. expectations are very low. i am seeing pretty good beats. i like the fact revenue is coming up strongly.

remember that information technology sector that is really weighing down expectations for the s&p 500. the rank-and-file is doing extraordinarily well. neil: it is interesting, veronica, biotech sector on this stunning news out of bio again, that it has maybe a drug to treat alzheimer's, that is lifting the whole sector. a lot of promising stuff bubbling beneath the surface here? >> there is a lot of promise. companies are doing significant buybacks. so that is fueling earnings in a big way. there is a lot of uncertainty still with this trade war. if you talk to ceos, that is the biggest thing they're worried about. it is stopping them making plans across the board in terms of hiring, terms of building new factories. until this trade war is resolved in a meaningful way i don't think we're going to see sort of blockbuster growth across the world. definitely not in places like china or in europe because those places are struggling in certain pockets. neil: i'm looking at this, the president, if we hit a record today on any one of the averages

he will crow about it. we blame the president for things that are lousy. we might as well pat him when things are good. he says all this goes if he has to go. what do you make of that? if you impeach him you might as well impeach the rally? >> there is a impeachment is distraction from washington. how much does washington affect these things. not having bandwidth to pass trade agreements this could have real effect. if you ask voters how they're feeling about the economy, they're feeling okay. it varies month to month but half says it fine. neil: are you surprised half. >> it is linked to partisanship. a week before the 2016 election, democrats thought they were great, republican thought they were terrible. trump gets elected, that flips. in "wall street journal" 37% feel they are confident. they see things are on track. they feel like they're fragile.

tariffs, trade, global instability, that is all feeding some of that. neil: one of the things interesting in these sure race, i extend it down to purchasing managers, ceos, cfos, to a man and woman are saying, we're anxious about the trade prospects here. usmca looks like it is not going anywhere. it should be passed. it is not. the china thing, still, sort of waiting on the runway. that is why they're cautious. that is why they're not investing a lot in capital spending or hiring. and it is giving them pause, what do you make of that? >> i guess that is true. the good news the consumer 2/3 of the economy, david, we'll go out this weekend. we're not worried about china. we're going out to dinner. neil: depends where they go out? low scale it, mcdonald's instead of a steak place? >> you haven't seen that unemployment 50-year low.

wages are moving up. so you know, i do think that is what is carrying the market, carrying the economy. of manufacturing sector is at risk from the trade policies. i think we're seeing pockets of weakness. retail sales were not as good as expected. we're seeing people seeing slower hiring. so hiring is still strong. hiring is slowing down. wage growth is good. that is helping consumers. i think there is pockets of weakness. there is pockets depending where you live in the country. so for example, if you work in manufacturing, or if you're a farmer, you're feeling very differently than how we're feeling. neil: apparently not differently enough. this can change based on the day. optimistic about holiday spending plans. the national retail federation said 4% over last year. you think that holds, or doubts begin to build? people get conservative? >> i think it depends to see what kind of discounting consumers get. i think some consumers are looking for discounting. that will drive sales. i also think it is very much a

make-or-break quarter for some retailers, especially in the brick-and-mortar space. clothing companies. forever 21 and some other companies. i'm counting on the consumer to deliver. what is concerning though, i'm not trying to sound alarms, i feel like we're weighing so much, we're putting so much on the consumer to carry this economy. neil: we are. >> i wonder what kind of trade deal is going to get the business community to feel confident to start spending again? because if they don't, and consumer falls out of bed, i think we have problems on our hands. neil: so far the consumer is holding it all together. that is the question for how long? a lot of big money guys are watching them, right. >> this consumer view i think really driven nowadays what are they seeing going on around the world. when they turn on the tv what do headlines look like. all of sudden things going badly in the middle east again. what is going on with china? it is that sense i may feel things are headed in the right

direction overall. i think president trump, i don't love the tweets, i like what he has done on the economy. a sense any moment that can change. something can happen around the world, or brexit that can fall apart. consumers get that more. maybe if i feel i will go out to dinner, curious for those with the economic data better, are they putting off bigger purchases? what are they doing things of savings. are they preparing for eventuality something will go wrong. neil: mcdonald's, earnings down 3% it, was still a strong report. it wasn't the street expected top line or bottom line. i wonder if that is a signal. what do you think? >> i guess that is the low. neil: you're right. >> each of different sectors and companies have their own issues. we're certainly seeing in the fast-food area, switch over to vegetarian offers, beyond meat, if you don't have that exactly right but certainly mcdonald's

is spending huge amounts to it to automate that i don't think any one company is a bellwether for the whole economy. neil: let's step back from this. we touched on it at the outset, impeachment factor. we don't know how that will go. we have a democratic house. votes are there, we're told. we're told. let's say wees issue the inquiry if it doesn't go anywhere in the senate, what is the fallout for that? >> that will make things interesting for 2020. we're already seeing banks and companies projections, what happens if he with have president elizabeth warren. there is wondering about that. how will that affect the economy. i think that could be jumping the gun. that depends how it place in the mind of voters. neil: is she the nominee that is

bad for for wall street? >> creates another fund-raising email for her to send out. she put it front and center wants to be tough on wall street and companies. tough talk what democratic nominees will do to roll back trump's tax cuts. neil: the least roller back, is joe biden. he wants to raise the top rate. pete buttigieg is on corporate side, next to the more moderate bent. when do you think? >> on balance i disagree with many of her policies. raising taxes to 35% of corporations. having said that, i'm certainly telling my clients don't throw in the towel if there is impeachment. remember impeachment doesn't impose direct cost the way tariffs and income tax adjustments do. at the end of the day i still think the beauty of our system it's a three branches of government. you still will probably -- neil: looks politically lopsided, all one party, one

way. even this censure attempt on republicans about adam schiff was only republican votes. this impeachment thing might be only democratic votes? >> exactly. a lot of people say that is just congress being congress and very political. of course the other thing is, we have seen over time as people do assume power, all of sudden they start to scale back a lot of their projections and so forth. so -- neil: who you take with you. more elizabeth warren to your point, who you take with you, house or senate with you, it changes. >> right. i think it is very notable that many of these democratic contenders for president don't want to talk about impeachment a whole lot. it was the very first question in the last presidential debate, andrew yang every tame we're talking about trump we're losing this every minute we spend on impeachment is time we are not talking about economy, health care costs which is top issue for many voters. neil: we were saying during the break, i think they want to say,

democrats, we're up against an impeached president. and just use that as a badge to batter him with. >> publicity move, right? i think biggest risk if you're an investor isn't so much impeachment. i think market is counting on two more rate cuts from the fed. if they don't get that, i think as an investor -- neil: you're saying putting that ahead of a potential constitutional crisis for the love of money? i admire that. i admire that. >> the fear. neil: exactly. guys, thank you all very much. they must have done something. up 40 points on the dow. a lot of issues on trade and american express and dow and coca-cola, to limited degree, microsoft, taking it on the chin. interest rates with slightest of back ups here. the attention is focused on earnings the pace is pretty good, not focusing on turkey, apparently sucking up to the

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neil: today is the day this five-day cease-fire ends. no one knows exactly what turkish president erdogan will do next. we do know he has been meeting with vladmir putin to discuss what happens next. that raises a lot of eyebrows here, across the world, what is happening in that region. keep in mind turkey is a member of nato, not necessarily supportive of all the things like nato. u.s. navy captain chuck nash, what he makes of all this. what do you think, chuck? >> i think the russians had always have the key position in this whole syrian mess.

once vladmir putin decided he was going to back assad and moved in, he was invited in by assad. president obama 16 times said no boots on the ground in syria. then we went in there. we should have not done it in the first place. we could have handled it other ways. the russians could have been the ones to broker this one out. they're only talks to the kurds, syrians, iranians, the turks and us. nobody has that kind of a power broker position. neil: we're learning from the white house right now, senior administration official on the wires now saying that the u.s. is working very closely with turkey to see that this pause in the offensive, that after the five-day cease-fire becomes permanent per last week's arrangements. so the obvious question is, what if it isn't? either turkey does something to escalate the situation or the language, then what? >> i think that is the leverage that the united states has when we say that we're talking

directly to the turks to get them to back off a little bit. the turks, their economy went into recession last year. they're suffering a 17% inflation rate. they can't stand to have any u.s. sanctions put on them at this point that would really crush them. i think what is happening the united states is working back channel with the russians to negotiate a deal. the u.s. deal with turkey was about 75-mile stretch, 20 miles deep. now they're talking 300, 400 miles, entire border. they want the northeast corner which is 1/3 of the total size of syria. that is what the turks want. the syrians are just adamantly against that. they don't even want 20-mile protection thing. what the russians have to do is negotiate with the syrians to allow some kind of a buffer. the germans are saying it ought to be supervised by an international force. good luck with that. so at this point right now, it is going to be between the turks and the russians on how this

thing gets played out with pressure in the wings from the u.s., with sanctions. also with pressure, you don't know what the syrians are going to do. that could spark an all-out war if syrian forces went up against the tushes. neil: captain, good catching up with you. >> my pleasure, neil. neil: the president is seeing a record backing right now with historic lead on 2020 fund-raising. that isn't a shocker. what he might be doing and planning for that money could be. no commission. delivery drones, or the latest phones. no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades. at fidelity you'll pay no commission it's what gives audible themembers an edge.listening; it opens our minds, changes our perspective, connects us, and pushes us further.

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so ditch the old way of selling your car, and say hello to the new way-- at carvana. neil: brexit will take another stab at this. boris johnson has doubt the about the mission here. what happens if this thing fails? digital strategist for boris johnson craig dillon, on what is happening. what is at stake here?

i guess the prime minister doesn't want this thing altered too much but they're altering apparently to get the votes, so where does this stand? >> well, this is the problem. parliament basically has a majority that says, they basically don't want to deliver brexit but at the same time they don't want to have a general election so we're stuck in a little bit of a sort of no-man's land and i think the problem we have the majority of the country are actually saying they want brexit to be done. they want to get on with this. what we're seeing is games happening across the house from all sides actually and you know, in the next couple hours we'll find out whether mps are going to block the bill. if they do, prime minister will push for general election but we don't know if they're going to grant that. yeah it is very complicated. neil: he is supposed to push this back beyond october 31st. he wrote the letter, didn't sign it. i don't know if technically that

doesn't count as a letter. but i'm told that it does. then what? >> the letter was just to request the eu give us an extension, and looks like they are probably, we don't know, there has been talk macron is saying they don't want an extension. we're not sure what will happen on that. but i still think october 31st, we'll be coming out of the european union. i think boris doubled down on that at the moment. that is where we're heading to. the more these mps play games, pushes us closer to a no-deal brexit, what they're supposed to be fighting against. these games and problems are pushing us in the wrong direction. neil: you're saying that one way or the other, boris johnson wants that october 31st separation. he would prefer it with a deal he cobbled together with the 27 other european leaders but if not, he would go on his own? >> that's right. we'll go no deal.

still the position that the united kingdom leaves october 31st. i think that is exactly will happen. the question whether it is with a deal or without a deal. we'll see hopefully mps stop playing the games that the majority of the country want playing. it is madness mps represent areas 80% voted leave. they're causing all the problems and stopping us from leaving. there is a big divide between the country and parliament at the moment. i think a lot of people are getting quite sick of it. neil: can i ask you a dumb question? this last referendum was 3 1/2 years ago. if people had to vote all over again in britain, how do you think it would go? >> i think it would be probably another leave vote. i think it would be a lot more this time. what we often forget there was an election in 2017 where both two parties were the top, both ran on platform of delivering brexit. there wasn't even debate. we've pretty much had a second

referendum in 2017. both parties, labor, conservative, both plan on platform they would deliver brexit. they both came back. crazy we might to into an election now to debate brexit, but we've had an election in between the referendum and david, didn't even discuss brexit. we're back to square one on all of this. neil: incredible. craig, thanks for making sense. i appreciate it. craig dillon, former digital strategist for boris johnson. final "star wars" trailer release, i will give you a hint. it looks exactly like any other "star wars" movie you ever seen. >> cross together. >> we're not home. the people will fight if we lead them.

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neil: facebook shares hitting session low after the state led-antitrust probe was expanding or indications it could be expanding. kristina partsinevelos has a lot of details. what is going on here? reporter: new york attorney general said yes, more states and more districts are getting involved with this antitrust investigation. a quote from the statement said now our investigation has the support of 47 attorney generals from around the nation who are all concerned that facebook may have put consumer data at risk,

reduced the quality of consumer choices and increased the price of advertising. so they're looking at three major aspects across the country. so you have 45 states as well as two districts, guam, the district of columbia. what we're seeing, we'll show you the map in just a second. what they're looking at specifically, user data endangerment, the quality of consumer choices as well as increased price of advertising. look at that sweeping across the nation. all of them are cracking down specifically on facebook and they're dominance of social media, the social media industry itself. this is the first time, neil, this was announced in september. this time they're saying they're not doing it lightly anymore. they will be using, i quote, every investigative tool at their disposal to see if facebook has hurt competition going forward. these are the three qualities there. we're seeing over here, that facebook isn't being investigated on all fronts. you have got state and local

districts. you have the federal trade commission as well, because they have their separate antitrust investigation. they also gave a fine to facebook over privacy controls. and then you also have the house judiciary committee. so that is three fronts right there, you're seeing on the screen all going after facebook. this comes at a time when we know tomorrow zuckerberg is heading back to capitol hill for a hearing in front of the house financial committee. they will talk about, looking into his cryptocurrency that they are launching, libra, the push for encrypted or private messages. last but not least, abuses on the platform. he is going to get grilled tomorrow. the stock down as you can see almost 3%. coming at him from all fronts. neil: on both sides, relentless. kristina, thank you very, very much. softbank is taking control of wework but does that mean it's over and the whole work is done? not quite. charlie gasparino with much

more. charlie. >> here is what we know. two plans were presented to the wework board. we should point out the wework board is controlled by the founder and former ceo adam newman, who left after the debacle of the ipo. two plans were presented. a jpmorgan plan, here is a bunch of debt. we'll get you through the rough period, maybe you come public next year. you do not dilute current shareholders under this plan, it's a big payment or the softbank plan. this is why i think this is really problematic for wework going forward. the softbank plan is equity. it is not debt. that's good. neil: interesting. >> what is interesting about it newman is cashing out. i mean he gets essentially paid a billion dollars on this thing. neil: if those figures are right? >> they're all right. employees get some benefits who are stockholders as well. here is where i think they have major problems. i've been speaking with lawyers

about this. what you do you essentially dilute the current shareholders except for softbank. softbank becomes the biggest shareholder. they squeeze all the others down. more stock will be offered. that is going to be a problem. on top of that newman gets paid. on top of that, newman made the call. remember he controls the board. that's the way the board was set up. he is largest shareholder. so my guess we're not -- this will keep going. we'll keep hearing about this. there is going to be lawsuits. the existing shareholders aside from employees, that's a nice deal. the existing shareholders will say we just got screwed. adam newman who just blew up the company got $1.7 billion, whatever the money is. is a fascinating story. going into last night, people thought jpmorgan plan had a shot, right? and they did. they had to listen to both of them, fiduciary responsibility but knowing what i know now about newman's control, you got

to go back look how he controls the board, this is like a sweetheart deal to him. how would he say no? neil: you educated me on this, wework has its tentacles everywhere. you can't just let it go. easier said than done, right? >> if it imploded, right? there would be a economic casualty pretty immense -- neil: why is that? >> they're in some states and so many cities. not just new york. new york is a very high quality commercial real estate market, people can step in to buy big-time offices but smaller tertiary cities, you know they can depress the market. that is one end. the other thing softbank would take a huge hit. they did not want to take the massive hit. there is, listen there is a business here whether, there is, it is not a 47 billion-dollar business. neil: what is grasping that you know? >> you know, that was just a

unicarnival wages pumped up by the market. this thing if you look at comparables they're anywhere 3 and 6 billion in a good real estate market. if things go south, it is not such a good real estate market. neil: all right, my friend. >> by the way, i had mnuchin thing he was going to the davos, the investment conference in davos. the only reason why i said white house spokesman, white house will send an official, not him, because i was begged by the treasury department flak, not to say his name for security reasons. so out there, when people say, the fake news media, we're irresponsible -- neil: talking about his going to the saudi arabia thing? >> i'm sorry. saudi arabia thing. called davos in the desert. neil: he didn't go last year. >> he didn't go last year. i agree because the while house told me, treasury department flak, devin o'malley told me this would be a security concern if i reported it. and i didn't.

under sort of deal was, that if the thing would break, named to get out there they would tell me. that happened today. they did not tell me. neil: a lot of other people are going to it. >> we wrote that story. my point is this, we talk about the fake news media, are a bunch of animals, don't listen to people, don't take anything into account, that is baloney. i listened to the guy, said security reasons, i got screwed in the end but i would still listen to me, if a flak tells me there are security reasons. neil: even though you personally are fake? >> you know when i saw the story, neil, that i agreed not to write pop-up, my blood pressure went -- neil: really. >> blood came out of my nose. neil: really? >> i was so mad. i haven't gotten this mad in a long time. neil: you know last time that happened to me? ponderosa they were out of the prime rib. >> prime rib. neil: same blood coming out of my nose. >> by the way ponderosa has

pretty good steak. my wife won't go there. she is used to san pietro. neil: absolutely. >> i put ketchup on everything anyway. neil: you're a man of the people. we're hearing hillary clinton is about to speak. she might address the thing, the dust-up with tulsi gabbard that incited the wrath of a lot of democrats saying hey, we have a contest going on here, but out. she is not butting out. so what is she up to? after this. ♪.

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these people are sick. there is something wrong with them. neil: president slamming hillary clinton over her comments about the 2020 presidential candidate, tulsi gabbard. saying she would be operative of the russians, maybe third party candidate. gabbard not happy about that. a lot of democrats are not happy about that. a.b. stoddard, "real clear politics" associate editor. great journalist. there has to be a method about hillary clinton. there has to be strategy. team clinton doesn't put out accidental statements or comments. maybe i'm assigning too much about it. what do you think? >> the old hillary is calculating and she is did desperate for relevance. she is doing everything she can to be at an event to get a speaking opportunity. she was on a podcasts. she is doing a tv tour with her

daughter to sell more books. she can't get away from the spotlight. she likes talking about president trump and the campaign. i think she made a misstep. it's a big thing to accuse someone who served us in the armed services of treason. she was saying part about the third party part out loud. there are certainly democrats who wonder if there will be a third party spoiler like there was in 2016 where jill stein's margin was material in at least two states donald trump won to take the presidency. so that's one thing but it was wildly inappropriate for her to call her a russian asset. i think that what is interesting is, that you know, delights donald trump to talk about hillary clinton. and it delighted tulsi gabbard because it definitely gave her a good push and, a lot of attention. more attention to her campaign where she wants to continue to try to stay in the game.

neil: she is 1% for the polls that qualifies her for the next debate. there is another side of that. let me get your take what hillary clinton is after. many people are looking, through the tea leaves, maybe she is positioning herself as sort of a white knight, or something similar for the party to fall back on, in event leading candidates cancel each other out. >> no question. "new york times" is reporting that donors are nervous. a lot of people are nervous on the democratic side, they don't have a great, perfect candidate beating donald trump. they're looking at warren he is general election loser. biden, wondering he can make it to the general election. sorry the primary voters will p. the establishment is unhappy. but the idea donors who don't want to obviously waste their money and thinking of calling john kerry, michael bloomberg,

hillary clinton doesn't mean that is what is happening. on the ground where the voters are going to these events, having these debates about the strength of the different candidates, hillary clinton you know loves that press. but do recall, neil, she and her husband had, they were not invited to appear on anyone's behalf in the midterm elections of 2018. they are not likely to be called upon to, i mean they will take their dollars but to be at any events on behalf of candidates in the next cycle. they have to exit stage left. that is hard for them. why they went on a tour this year trying to pack theaters with -- neil: think about it, if this angst on the part of the clintons represents and angst on the part of moderates in the party, who think that is the only way they can take the white house back, there might be something to that, right? they're seizing on -- >> there is different than put hillary out again. no question biden is burning through money. he doesn't raise enough.

he is having debates where everyone talks about he is making words out and not making sense. he had a durable polling lead, now sharing front-runner status with elizabeth warren but all the concerns are real. i was telling you the democratic party outside a few of her donor friends is not interested in hillary clinton getting back in the race. neil: interesting. we'll watch it closely, ab. good catching up with you. >> thanks, neil. neil: a.b. stoddard. do you like the nba? would you invest in a nba player, in other words, take out stock in him? after this. anna, do you yes! those plans? i just wanted to show you something i've been wor... ♪ james r. and associates. anna speaking... ♪ james r. and associates. anna. ♪ [phone ringing]

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neil: just the thought biogen had an alzheimer es treatment out there with promising results was enough to send the stock

soaring. in fact it is still soaring better than 68 bucks. more than 30% on this notion alone. alzheimer's treatment as you know is something that could address the severity or advancement has been gold for corner of wall and broad. but it rarely materializes. this offers hope, enlisting the entire biotech sector. we'll keep an eye on it for you. keep an eye on exxonmobil and big trial which a lot of folks saying you, exxonmobil are not at fault for not addressing the climate change or the costs associated therein. jackie deangelis outside new york supreme court where all of this is going on. jackie. reporter: good afternoon, neil, that's right. opening arguments in this trial will kick off this afternoon around 2:15 p.m. one side the new york attorney general alleging that exxon misrepresented the shareholders the financial impact of climate change, regulation, the i impact

on the company or basically miscalculated or underestimated costs would be and willfully did so. if that is the case that would be a violation of the martin act, the state anti-fraud statute. on flip side of this, exonoree leased most recent statement saying quote the new york attorney general's allegations are false. we tell investors through regular disclosures how the company calculates for risk associated with climate change. we're confident in the facts, and look forward to see our company exonerated in court. further along in the statement, exxon alleges that the suit is politically motivated. that there are coordinated efforts with anti-fossil fuel groups to advance an agenda here. what is at stake? a lot much damages in the range of 500 million to 1 1/2 billion dollars. we're also hearing hearing thatx tillerson, former ceo of exxon

could testify next week. called by the prosecution. till -- tillerson was also secretary of state. look behind me, neil, as you mentioned in top of our conversation, many people are protesting climate change that camped out today as a result of this trial. their banners are gone. before it said, a climate crisis, make them pay. back to you. neil: eye chronic courthouse at that jackie deangelis, thank you very much. we came up with that invested in you concept. a brand identity here, taken to a new level. nba player spinser didwiddle wants fans to buy shares in him. according to him, plenty apparently. what does this mean? >> it's a fascinating concept. a creative departure from the legacy market, so doing, creation of new asset class, athletes. might be facilitate the by digital currency. but at its core predicated on

human currency. notion investing in athletes is fascinating. neil: what do you get if you invest in him. >> three-year, 34 million-dollar player contract. neil: that is currency, collateral. >> he is saying he is not using that as a backstop for collateral as the nba is alleging. hey, listen we're all for pushing your brand identity and capitalizing on your property and brand image we feel this runs afoul the cbs you're assigning third party rights to your nba contract that would be in violation of cba. neil: what is the cba? >> collective bargaining agreement. the set of rules that govern the relationship of players and -- neil: he has another boss so to speak? >> yes, sir, as always. his argument, hey, once you pay me the money what i do with it is no different than buying a home or car or selling shares in my stock. neil: he is not using it for

collateral, he is kind of using it for collateral. >> this is somewhat deceptively complex argument. he is claiming he is not, the counter argument that you're not what is the guarranty? this is operating on a crypto platform, right? neil: i didn't know that. >> this is possible by digital currency. there is nothing tangible. wait a minute if you're not using guaranteed salary as collateral, what backstops this? what makes it real? he at a standoff with the nba. they had a meeting yesterday afternoon. at this point he will not get issuance of stock. neil: what do investors get out of it, if collateral is allowed or not allowed, it's a fixed, finite sum, isn't it? >> it is interesting because debt issuance to accredited investors. minimum 150,000-dollar buy in. 90 tokens, have better market

value of roughly 13 millioning, more than he is set to make within this season in the three-year deal. their concern, if you don't use your guaranteed contract as collateral what offset do you have to guarranty this investment? the argument gets redundant and paradoxical. neil: how would he, if that were the case? >> his claim is, they're going to diversify the investment so that investment is not -- neil: it would be up to him to pay it out. >> unwith hundred%. onus, liability false on him. neil: there is level of risk for any investor investing in any company at anytime. >> 100%. neil: this is askew of financial rules because that is risk all investors play. >> they're taking a tack with sec regulations the red tape don't rely necessarily in the functionality of his idea but permissibility through the nba

this was run through the sec and separate holding company, from all things he has great set of advisors. the issue is the procedure and hung up on the cba. neil: what is to stop others in other fields, yours, mine, from saying you like what i do, invest in me? >> that is the big question, right? is this going to be the house of cards comes crumbling down or first domino that sets up other successful investments. a variety of entertainers and influencers seeing if this is successful to line up accordingly. i had a client conversation take the ownership of your brand off the field, more relatable. neil: david bowie had something similar with his music library. >> his catalog and intellectual property. it was tangible. not issued on human currency. his ability to execute on a

consist 10 basis. that is stuff he already put in the barn so to speak, so that was tangible. it could be seized. it could be liquidated. complexity in the layers rely on the fact it is human currency and human capital, all of which hinges on capability. neil: this could change everything if all of sudden you can invest looking someone as an investment of any sort, right? >> absolutely. this could be an absolute paradigm shift in terms of how we look at brand value, right? we take it out of esoteric norm. balance sheet, identifiable standpoint. i think this is fascinating. i hope it works out for him i love athletes putting money to creative use outside of their career. money makes money when invested appropriately. this is novel concept. i think he put together a great team. i hope it works out. neil: you give me ideas, if you're interested in investing in financial anchors, the ticker

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neil: all right. i'm still focused on how i could sell stock in myself. we will sort of flesh this out. i will keep you posted. welcome back. hour two "coast to coast." let's get right to it. we have by and large better than expected earnings, not across the board. there were certainly some disappointments. in case you are keeping score at home, the s&p 500 is really only about 15, 16 points away from a record last reached at the end of july. not so much the dow, although it is impressive when you look at the -- roughly the 20% of s&p 500 companies that have reported thus far, 82% have beaten earnings estimates. you know the drill. a lot of these guys definitely rachet lower expectations and then surprise to the upside. that could be what's happening here. even on top line growth, 62% of

those companies have beaten revenue estimates, and if this were to continue, it would mean the quarter that was expected to contract for the s&p 500 is, in fact, up a little bit. maybe when all is said and done, maybe .3%,.4%. still early, we're still early in the process, but it's one of the reasons why we are up about 88 points. investors are not worried about impeachment at all for the time being. it's one of those outside events that could happen, even if it does happen, it only happens in the house, doesn't happen in the senate. you know the drill here. the consensus view is just waiting to be challenged. hillary vaughn with the latest from capitol hill. hey, hillary. reporter: this impeachment inquiry officially started one month ago today, but some democrats, it's not moving fast enough, at least that's their perspective. actually, if you look at it, this impeachment inquiry has progressed more quickly than any other inquiry in history. if you compare the timeline of this inquiry to that of richard

nixon's or bill clinton's, it took the house a year and a half to launch an impeachment inquiry into nixon and nine months to start clinton's impeachment inquiry but it took pelosi just 11 days after the whistleblower report. to pull the trigger on her investigation. still, somehow house democrats want it to pick up speed. >> we can't let something be defeated just by our own desired timeline. obviously we want to wrap this up as quickly as possible. reporter: some house republicans say that democrats are making it difficult and restricting republican members from viewing important documents tied to these ongoing interviews. >> we found out last night the democrats will now not even allow republicans to have a copy of the respective transcripts from each of the witnesses. reporter: president trump is also sounding off on the process saying that democrats should beware and republicans should take note, saying house democrats are setting a precedent that you can impeach a

president with no due process, without any fairness or legal rights, calling the process quote, a lynching. >> that comment was awful. it was awful. >> it is a distraction that america should not accept or tolerate. >> the impeachment process is the closest thing of a political death throe trial. it is absolute rejection of the process. reporter: right now, acting ukrainian ambassador bill taylor is complying with a subpoena from house democrats and is in a deposition behind closed doors right now. that's something that the white house has taken issue with, because they say these closed door meetings allow democrats to leak out selective information that they think favors their narrative. neil? neil: thank you very, very much. we will be following that closely, hillary. like i said at the beginning, if the markets are worried about any of this or developing into something that is a real risk for the president of the united states, having to step down before he's done with his term, they do have a funny way of

showing it. it takes as a given these days that the house would, in fact, vote to impeach donald trump but it would stop there. again, consensus view for the time being, we have market watcher cortney dominguez with us, bill mcgurn and jessica tarlov. jessica, let me get your take on that sort of consensus view that even if the house were to pursue what do you think? >> it makes sense that that's the general consensus view. this in the senate has been basically unwilling to go against the president no matter what he does since he came into office. i thought that what happened with syria and the turks and the kurds showed a little bit of fraying in the woodwork there, lindsey graham -- neil: the g-7 hosting thing. >> that was like 20 minutes in trump time, right? that was a three-day -- neil: he changed his plans. >> he did change his plan, though i'm not fully convinced he was committed to that. i think there is going to be a

lot of distraction lobbed at the wall to see what is going to stick as this impeachment hearing continues on. he needed mick mulvaney to have something to go out and say. obviously mulvaney kind of went a little too far. it was not his finest. but you see little cracks, mitt romney, rob portman, ted cruz has said he wants to see rudy giuliani testify before the senate intelligence committee. these are not the 20 senators you need to flip but it's definitely showing there is attention being paid to the crimes committed. neil: the president has said, you and i have gotten into it before, impeach me, impeach this bull market, impeach this recovery, go ahead, make my day. what do you think? >> look, i don't think any president wants impeachment because it's a high risk strategy. that said, i think this impeachment is incredibly unfair. the president has legitimate concerns. republicans, it's been done like no impeachment before, and also, they are talking about the timeline. let's get to guilty right away,

let's not -- we should be saying let's take our time and find out the truth of things. ironically, i think we're at the point now, i think mrs. pelosi is hoping you start the process, the polls follow. i'm not sure that's going to happen. i think we're at the point now, the more unfair it is in its procedures to the republicans and donald trump, the better it is for donald trump. i think the better it is for him in the senate, when they come to vote on it. it's possible they could vote on a motion to dismiss. neil: it does seem politically lopsided. the proof of this was on the other side, what was going on with trying to censure adam schiff. it was all republicans, not a single democrat. if it comes to impeachment in the house, presumably all democrats, not a single republican. we are not seeing the type of thing that developed in watergate. that could change, but so far, that doesn't look to be the case. there was one columnist today talking about the possibility

the president should go ahead and call their bluff, impeach me now, do it now, get it done fast. what do you think? >> yeah. it's definitely hitting the headlines that's really grabbing a lot of people's attention. what i find interesting, you mentioned when you look at the markets, they are pricing in the information they have and they are efficient enough to market those risks they think are plausible. they are not seeing impeachment as a viable risk when it comes to the markets. it's people putting their money where their mouth is and they aren't worried about this as a viable risk. neil: they are worried about some of the or signs that don't look all together stable on the part of the president, how he handled the turkey thing, where even his own party is whoa, whoa, this is awful. and the g-7, it came and went, but it did raise questions, are you thinking things through even among republicans. what do you think? >> you are going to get that. i think there has been conflicting news about how people feel about this but at the end of the day when you look at the data, like all the earnings reports, the job reports, all the consistent data that affects day-to-day life continues to be strong. i think that's what people are focusing on. neil: what do you think? >> it makes a lot of sense.

i have heard, i don't work in the financial industry, i work more in the political industry, but i have heard all the investment banks have teams that are following donald trump's twitter account and they are thinking they have cool terms for it, i don't know them, but it's literally imbedded in the fabric of goldman sachs and morgan stanley. my boyfriend works at a hedge fund. they have someone monitoring this -- neil: they have algorithms for it, right? >> i think morgan stanley does as well. so when you look at that, you can understand why the market isn't fluctuating as much because there are specific teams built in to measure what is actually going to be a thing and what isn't. we did see all the fluctuation around with the china trade policy issues and the tariff war. we will see if we actually get a deal out of that. i think until it gets through the house which i believe could happen by the end of the year, they are moving very swiftly on this, you won't know -- neil: -- going into the new year, of course, with the, you know, iowa, new hampshire, south carolina, i mean, that's -- >> look, i think, look, the

democrats have some challenges in that because the president -- neil: by the way, a lot of senators who are running for president would be obligated to be there. >> right. right. right. but a lot of the issues are going to be on this impeachment, you know, whether it was legitimate. can they get the documents they want. mrs. pelosi hasn't gone to the courts as far as i can see yet and you know, that's a risk for her. if it drags into the next year, some people could say why not just wait for the election. i think we have to remember that an impeachment is, as jrerry nadler told us, overturning the results of an election. if you don't do it in a fair way, you em bitter in this case 60 million some people who voted for president trump. i think that's a big danger. >> can i just add on to that, we had speaker gingrich join us yesterday and we were talking about impeachment which he obviously knows a thing or two about. there are fundamental differences between what's going on now in that in the nixon impeachment, you had archibald

cox, you had independent counsel and you had the ken starr report so there were months of behind closed doors witness testimony like what is going on right now -- neil: you also -- there was also democrats, right? peter rubino handled that very well. you could argue sam ervin handled it well. >> absolutely. what i'm saying is there are different circumstances. so to say this is a witch hunt, this is unprecedented, yes, it hasn't been done this way but when you look at, this is what democrats are relying on, the fact pattern here, what this president is being impeached over potentially versus perjuring yourself about oral sex, people are saying and the numbers are showing the uptick for support for impeachment -- >> among democrats. that's -- >> independents now are at 50%. that's a big deal. >> mostly it's among democrats. chairman nadler was very clear about this, if you are going to overturn the results of an election, you need to do it fairly and you need to persuade the people that voted for the

president that this is the right thing to do. neil: all right. >> these arbitrary measures i think are going to hurt, it may hurt them in the courts and i think -- neil: wall street is a very interesting crowd. i remember the whole clinton thing, they loved clinton, they loved the economy, they loved the boom in the market. these guys are green, they love money, money, money and making it hand over fist. they have been doing it with donald trump. i think that's one thing that is a very positive back wind for the president. >> i have to agree. historically speaking, there isn't a lot of data to show the market should be worried about impeachment. we saw with nixon, s&p 500 was down about 13%. neil: he had a lot of bad stuff going on. stagflation, oil prices. i was too young. you remember. all right. we will take a quick break here. also following elizabeth warren and her push for a wealth tax. now democrats are urging her to come up with a plan to pay for it. she's very close to doing that. whether that extends into the

middle class, and hiking taxes on them as bernie sanders has done, sanders' view is the middle class will get far more back than they are paying up front. we shall see.

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liberty mutual customizes your car insurance so you only pay for what you need. cut. liberty m... am i allowed to riff? what if i come out of the water? liberty biberty... cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ more progressives to invest their energy in a proposal that the supreme court has better than a 50% chance of declaring unconstitutional, that has very little chance of passing through the congress whose revenue potential is extraordinarily in doubt, it seems to me is to potentially sacrifice an immense opportunity. neil: all right. you might want to put larry summers down as a maybe on this

wealth tax, criticizing the direction democrats are going as something that was first of all, wouldn't raise the money democrats hope and would be counterproductive, hurt them at the polls, period. what do you think? >> well, it's larry summers speaking out, rahm emanuel was speaking out about this. there's a really interesting contrast going on right now in the party. the candidates with the most popular policies are not fund-raising enough. most popular to a wide swath of americans, including african americans, who we need to turn out to win the election, versus people who are running on these far left policies like medicare for all with no private insurance like elizabeth warren and her wealth tax, are fund-raising like bananas. it's creating a real problem. there's a big "new york times" piece today about establishment democrats freaking out about joe biden and whether he's going to make it, calling out bloomberg, hillary, john kerry, talking to howard dean. this happens all the time to democrats. '92 it happened, '04 it happened. neil: rarely have we seen

proposals like this, right? >> that's absolutely true. there's no reason to think joe biden is going to be getting out or collapsing at any point but he does only have $9 million on hand. so middle of the road democrats like amy klobuchar, who actually raised $2 million since the last debate, are having to find a way to elegantly say it ain't going to happen to progressive -- neil: they did say that. i think she did say it. >> we haven't seen a sustained bounce from that. will it give you a lift in the polls. pete buttigieg is now number three in iowa but amy klobuchar's poll numbers aren't going anywhere. julian castro may not make the next debate. neil: they do have on record wanting to lift the corporate tax rate back up to 35%. they are all for raising some taxes. >> but elizabeth warren has certainly, her wealth tax is different. i think was it andrew yang pointed out many countries in europe had one and then they dropped it because it didn't work, apart from the constitutional issues.

neil: money moves. >> it's an odd day when a "wall street journal" editorial writer agrees with larry summers. but in this case, i think he has a reasonable warning. neil: if that were to come to pass, what would be the wall street reaction to elizabeth warren winning? i guess a lot would depend if she takes the senate and/or house with her, then you get a lot of stuff done. but i would imagine that would be a tough climb. >> it's going to be interesting to see. i can tell you, i get that question probably every day over the last couple months. neil: i thought i was the first to ask that. >> yeah, even if they get to the point where she's the front-runner and if she wins, and still has to go through the senate and the house, it has a long process to go. it's way too early to theorize about it until it comes to fruition. neil: in california, they've got this study, the hike on millionaires and surtaxes, that money just moved. a lot of those folks moved to nevada and whathave you. but we have seen it happen in maryland, we saw it happen in connecticut, we saw it -- >> in illinois they are already

clearing out because they said what they want to do. neil: that's what i'm saying. is someone going to have a come to jesus moment with elizabeth warren or bernie sanders, saying this is just not applicable or winnable here? >> stephen colbert tried to be that jesus moment, of all people. he was actually the toughest journalist, i would say, of anyone pushing her on this. and it will be interesting to see when she rolls out, how she's going to pay for medicare plan. medicare for all, what that actually says. she dodged around it. bernie sanders has owned it. he says middle class taxes are going to go up but your overall cost of living is going to go down which is a concept people understand. then you see like the new kaiser family foundation poll, for instance, that has joe biden's plan which is improving obamacare with a public option, up to 65% approval. people -- neil: he raises the corporate tax to 28%, doesn't he? >> something like that. >> just a couple points more. neil: nothing like this. >> nothing like this. and as mentioned in our last

block, people were plenty happy under bill clinton. there is a middle ground that you can find. that will satisfy folks on the right and the left. neil: okay. we will take a quick break here. also, looking at the dow right now, up about 85 points. earnings by and large, pretty good. mcdonald's, we were talking about that, disappointed a little. the stock is down about 3%. apparently the fastest service in the world, making your your order is right is not enough because people are confused over this meatless push, saying it's a temporary phenomenon. i don't know about that. we'll kick it around after this. does your broker offer more than just free trades? fidelity has zero commissions for online u.s. equity trades and etfs, plus zero minimums to open a brokerage account. with value like this,

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stay in london a little longer, because they're still not through with this brexit thing. i guess they will take another shot at it within the hour. to ashley webster on what then. what do you think, buddy? ashley: well, you know, i was a young cub reporter when i first started on brexit and now i feel like as a veteran, we have yet another critical vote. i've lost count of how many critical votes. in about 45 minutes from now, lawmakers will look at the overall bill that boris johnson wants them to debate, they will vote on that. i think that will pass. however, the critical vote comes at 7:30 here local time, 2:30 eastern, when the law makers will vote on the timetable, how long do they get to actually debate the bill. they are only being given three days. if that is voted down, as you see behind me, i don't know if you can hear them, if they vote that down and the eu says all right, we will extend this brexit deadline again, then i

think boris johnson says he will decide to pull the bill all together and call a general election. take a listen. >> if parliament refuses to allow brexit to happen, and instead, gets its way and decides to delay everything until january or possibly longer, in those circumstances, can the government continue with this. the bill will have to be pulled and we will have to go forward, much as the right honorable gentleman may not like it, we will have to go forward with a general election. ashley: there you go, general election. guess what, they would have to vote to approve that in parliament and we know what parliament does. doesn't really vote for anything. what will the eu do as they watch this unfold? jean-claude juncker said quote, a waste of time and a waste of energy. i think a lot of people and probably around the world would agree with mr. juncker.

we'll see what happens later tonight, whether boris johnson throws in the towel and says let's have a general election, and the reason for that is that he hopes he could win more seats in parliament, give him the majority and get this thing through and across the finish line. neil: all right. i think i understand that. thank you very much, my friend. ashley webster, following this whole saga. this has gone on for three and a half years when they voted on this referendum to break away from europe and they are still haggling over that. ever wonder what winston churchill would probably think of what's going on in her majesty's kingdom? look no further than bret baier, who goes back in time, not to look at brexit or anything else, but an interesting period that had a far more critical time for the world. he's next. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard.

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neil: all right. we talk about a world sort of on the brink. we kind of overuse that term. i think back in world war ii it was justified, so when my friend and colleague bret baier wrote "three days at the brink" he actually was referring to a world that was quite literally on the precipice there. the "special report" anchor and author here, multiple authors joining me on these developments. bret, always good to see you. >> thanks for having me. neil: you know what's interesting, you go back to a time where the three big leaders, you had stalin,

churchill, fdr, they meet in tehran, 1943. you're telling me it's still a dicey time in the war. >> that is at the brink. there is a chance, we forget now looking back that we could have lost world war ii. hitler was on the march in europe. we had some skirmishes, battles with japan in the pacific but it wasn't going great. fdr and churchill come to the conclusion that if we don't have stalin 100% with us, then he could potentially make a tedeal with hitler and turn. neil: he started out on hitler's side. we were leery of that. churchill was very leery of it. >> very leery of the guy. fdr knew that he had to bend over backwards to get stalin engaged. hitler doesn't invade into the soviet union, this whole picture couldn't happen. so they set up this secret meeting in tehran and stalin demands that it's in tehran, which is a tough thing to get to

for a president who's in a wheelchair and churchill, but they do. neil: why did they say that was the location? it was very close for him, not so for the two other guys. particularly the u.s. president. >> the thinking, whether it is thinking about stalin saying it's a home court advantage or maybe it's a little tough for the u.s. president to get here, i should make him struggle to make him, you know, get to me, don't know. by the time they get there, the interpersonal interchanges, fdr throwing churchill under the bus in order to show stalin that he's with him, they -- neil: stalin ended up being the blinker everyone thought he was going to be. did fdr just think his personal magnetism would save the day? >> i think he did. there were a lot of great qualities of fdr. he was confident and had great communication ability, but he was also at the end, he has this god complex that he alone can

solve the situation. i think he thinks that he can corral and contain stalin. after the conference later, d-day's a success, fdr goes home and dies and -- -- stalin is emboldened and takes over eastern europe and that's the beginning of the cold war. neil: you reported from these summit meetings with the north koreans that it's weird when we look like we're sucking up to, you know, an evil guy. you had said of president trump at the time his basic position was that it was better to talk to kim than to shut him out, that there was plenty of handwringing about president trump's failure to repel this adversary but a larger sense, it was the american way. i think when you put it in the context of what fdr did with stalin, it's true, you could even say what ronald reagan did in reaching out to the then soviet union, but it doesn't go down well for people.

>> it doesn't. it's tough to stomach. i think this book, book about eisenhower, book about reagan, shows that these leaders believed that if you are talking, you are at least not fighting. and that talking is better than the other possibilities, even if it's with an authoritarian dictator like stalin. neil: i notice this is the third in a series but ironically, it's the beginning of it. right? >> kind of like the "star wars" movies, then went to the prelude. neil: this is readable. both "star wars," did you see the promos? >> lot of music. neil: stop, stop. but why did you do it that way? when you were originally looking at fdr's trips and then you look at the war and you look at the end and you look now at the beginning, what were you trying to say here? >> on the order of the books, you mean? neil: yeah. >> yeah, it literally was

haphazard. i started with eisenhower, i just stumbled across this topic and realized that that formula, looking through a soda straw of this three days, this was the final speech, the farewell address for eisenhower, and then bouncing back and look at how he gets there, was a formula that worked. i said let me find another three days. then i found reagan and three days in moscow with gorbachev and bouncing back and show that. both of those leaders talk about fdr and how they are and obviously general eisenhower was chosen by fdr to command d-day. reagan said he voted for fdr four times. so i said why not go back to the beginning. neil: which i didn't know reading your book that he was of mixed mind, even trying for a fourth term. >> he was. he convinced himself that war was going to be the thing that propelled him to continue to go. neil: even harry truman's selection, that was just sort of by the seat of his pants.

>> truman was out of the loop. he was not in the inner circle. he didn't even know about the manhattan project and the atomic bomb. neil: even as a senator he complained about the fact that he couldn't get the president to talk to him. a lot of weird -- how did you get a lot of the information, particularly it's one thing to get stalin notes and churchill, you go to, you know, i guess to his bunker, whathave you, obviously hyde park in the case of fdr. i visited that place many, many times. it's sort of like a capsule in time. >> it is. and i have this great researcher, sydney soderburgh. i planted her in simi valley for the reagan book, then planted her in hyde park and she uncovered these like -- unearthed these treasures of nuggets that are in our national

archives that we forget are just so valuable that haven't even been out there. so this book i think breathes life into history. then the same day i have a young readers' edition so my sons, paul and daniel, can read this. 9 to 14 years old. i hope they're reading it. neil: i can't get my guys to read a coloring book. let me ask you, though, about hyde park. we all know now in retrospect what fdr was dealing with, the polio, even you movingly wrote about just moving around there, the difficulty, and he got this so late in life, you think about it. >> 39. neil: so the difficulty in even making it to tehran, then having all our top war guys with him, then they have -- it could have been, you know, there was an accidental firing. explain what happened. >> friendly fire incident.

secret meeting, to get him on to the "uss iowa" the newest battleship in the navy arsenal. they go with a number of ships. the next door is the "william s. porter" destroyer and they are going along in u-boat infested waters, trying to show the president how they operate in case of submarine, an exercise, but one of the porter's firing tubes has a mechanism that accidentally fires a live torpedo at the "uss iowa" so the battleship, the captain, turns the "iowa" towards the torpedo. it barely misses the bow and explodes 1,000 feet off the side. fdr is on the veranda, applauding, he thinks this is great, but the 32nd president and his entire joint chiefs of staff could have gone down with the ship. neil: they wanted to put him

behind bars for a dozen years and fdr intervened to say enough. >> let him go. they held the whole crew. then fdr said it was an accident. amazing. neil: amazing. any comparisons with donald trump, something god forbid of that magnitude were to face him, how do you think he would respond? >> you know, i think we have yet to see. i think there's a lot of questions about foreign policy, especially now with what has just happened with syria and the kurds. i do think that we and the white house can look back to history. they did, in talking to kim jong-un, look back to reykjavik and the moscow summit for reagan and they were trying to look at how he did that. i think we could look back to avoid some of the mistakes of the past. neil: but would a winston churchill or fdr, this wonderful letter with stalin, would that move them? >> doubtful. they would have to be in person which is why they made that

effort to get to tehran. they thought the interpersonal, looking somebody in the eye, was the moment. donald trump is good at that. he feels he has interpersonal ability with world leaders. and he does, if you talk to those world leaders. shinzo abe, others. but how he makes decisions i think is yet to be seen on the big picture. history will decide. neil: fdr about that, his generals and military aides to get their opinion. he didn't, you know, sort of fly by the seat of his pants. >> he had a process. national security council that he had them argue in front of him. i don't know if the president's doing that. neil: how do you think the impeachment thing is going to focused. they will try to get inrtles of impeachment before the end of the year, maybe mov a it's at a light speed now. it's all behind closed doors. it's possible they get an impeachment vote, have the votes. i can't see that they have the

votes in the senate to acquit -- i mean, to try to say he's guilty. neil: that's the wall street view. >> they use it as a campaign issue. neil: he is impeached in the house, doesn't go anywhere in the senate. it's interesting. >> washington is an interesting place. neil: wall street is even weirder. bret baier, thank you very much. "three days at the brink." just think of the time and the moment and what each of these men were dealing with, in their respective constituencies, and you had to talk to each other. you had to talk to each other. this is a reminder to my italian family, you have to talk to each other. more after this.

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neil: we have got the dow up 93 points and for once, boeing has stopped falling. the stock bouncing back a little bit today.

to "making money" host charles payne. what he makes of that. what do you think? charles: everything is about the 737 near term but one of the reasons i still think this is a stock that should be in everyone's core portfolio long-term portfolio, i'm going to give you four numbers. 20, 44,040, 6.81 trillion, 9.1 trillion. this is what's going to happen over the next 20 years. 44,000 commercial planes will be needed and bought around the world. 6.8 trillion, servicing on them alone. another 9.1 trillion. boeing has one competitor and except for the 737 fiasco, their product is head and shoulders above airbus's so that's your investment thesis long-term. neil: not too shabby. thank you very, very much. apologize for the truncated time. we will have deirdre bolton after this, review some of the big items in the news. "star wars" tickets are on sale, they are already breaking records, no idea why. every single movie looks exactly like the prior one. the promo that's out, i don't want to give it away, but they

do a lot of -- they got this. >> long have i waited. it's the destiny of the jedi. your destiny.

neil: oh, look at that. the final "star wars, the rise of skywalker." advanced ticket sales we're told already breaking records. 45% more tickets were sold in the first hour than "avengers

end game" which was itself a record setter prior. let's get the read on all this from courtney dominguez and jessica tarlov. i never know how to read these things. obviously this is a big event movie, conclusion of a big event series, so doesn't surprise me that it's so big. but obviously, this is a brand that refuses to die. >> yes. we are at an age where movie theaters are arguably going ex extinct because no one goes anymore. this brings people to the box office which is kind of amazing. what's interesting is not just the ticket sales but they are about to launch their streaming service where content is so key. they could bring people to the movies and they want to watch this later down the line, it really leads into it's probably a strong push for disney and all they have coming forward. neil: timing is impeccable. the launch of a streaming service. right? >> absolutely. i'm sure that was coordinated to some degree. i happen to still like going to the movies. i saw "downton abbey" sunday

afternoon with my father, as all normal middle-aged girls do. i never understood, i'm not a huge "star wars" fan -- neil: nor am i. >> i got that from your lead-in. neil: i'm tired of it. >> i'm over it. my dad thinks my mom looks like a wookie. it's very cute. neil: she must love that. >> they have been together a long time. things evolve. but what i find fascinating about this franchise, obviously hats off to disney on this, to keep making it applicable for new generations. neil: they don't. >> they do. neil: it's the same stuff. same special effects. there's nothing new. >> really? neil: yeah. >> have you seen any of the new ones? neil: no. no. >> let's move on. neil: but -- >> i think it's a new light saber. it looks innovative to me. i have seen them all. it's moving along, obviously pushing the boundaries. maybe not an avatar level. neil: that's the next thing, they will do avatar. >> aren't they going to do a bunch of them?

james cameron is working like 13 years on this. neil: a long time. >> we will all be blue by the end of everything and enormous like my height. neil: i don't know. i don't know. in the meantime, dunkin set to launch its own beyond sausage hash nationwide. this dovetails with the "star wars" thing. pizza hut planning to test a plant-based sausage topping. this is real. lot of people when the beyond meat thing came out, it will be a fad, but it's not. right? >> yeah. it's not -- i have tried these. they are actually pretty good. neil: they are very good. someone told me you think you are getting a big health boost, you're really not. >> no. i think some of that push, too, there's a vegan trend but also a lot of people who do eat meat find it more sustainable as a source to be eating. they like to support that. i just think it's fascinating, you have a lot of companies, mcdonald's, subway, dunkin

donuts, but there's a lot of competition. it's not just beyond meat. you have impossible foods. there's also a company in canada that's coming out. who is going to be the winner there and who will really be the next thing is going to be really interesting to see. i don't think it's necessarily a play on beyond meat specifically. neil: the meat alternative. that is real. right? that's definitely real. >> there was so much literature being pumped into our psyches about how bad red meat was for you. there were so many people going vegan, vegetarian, dagen mcdowell is a poster child for the vegan lifestyle. looking at the numbers before i came out here, how much market share is this, it's $140 billion over the next decade in these alternative meat products. neil: you could easily dismiss it if it didn't taste so good. some of these offerings, they really did taste awful. >> like i don't like tofu or soy-based things never tasted good to me but i do like these which makes me think -- neil: remember around

thanksgiving, they the tofurkey. you would take this gel. i'm not saying like "star wars" issues. >> not light saber level issues. neil: i don't think it's an investment fad. i don't know who survives it but this thing is not going away. only because it's changed the game about how good the stuff tastes. right? >> yeah. i have to agree with that. i think a lot of people, it's just a trend they want to partake in, see if it's good. it is good so you are seeing that continue. all these companies are jumping on board and testing it out at different areas to see who wants it, is it in breakfast sandwiches, a burger, how is it it's clearly a trend that seems to be picking up. neil: it's not cheap. >>nop. all the healthy alternatives were never any cheaper. remember when wendy's and mcdonald's started with salads, it was costing more than some of the unhealthy burger or chicken nugget meals. eating healthy is expensive.

i think that's something people under-discuss. neil: if it wasn't expensive i wouldn't eat it. >> i do feel better when i paid $15 for my salad. salad dressing is really the problem. you are mocking me. but i'm very serious. >> no, because you order a salad and you think you are having this healthy meal but who wants a salad with vinegar? see "star wars" and eat the cheetoh popcorn. have you had that? popcorn with cheetohs in it. i revealed too much about my life. neil: this is part of investing in you. this is the kind of stuff that -- >> i'm a -- neil: you came up with that marketing campaign. ladies, thank you very, very much. we are following a couple other developments. real news happening across the pond, where they are going to take another stab, we are told, at brexit. easier said than done. of course, a lot of the "star wars" movie was filmed in

england. we might be able to tie those events together. sabers set. more after this. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪

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neil: before we hand things off to my friend charles payne, mark zuckerberg you might have heard scheduled to testify, 47 state attorneys general are doing a conga line for him, saying company violate as lot of antitrust issues. it is time to have big issue with him. some are calling for breakup of the concern. boeing, that stock is coming back today. it has had a bumpy ride with the 737 max even with today's advance down 20% or so from the second crash involving a 737 max in ethiopia. that is sort of a starting point we use for start of problems for that company. they were proven to be linked to the 737 max. coming back today, as charles

payne said it would, the dow is up 93 points. by and large, earnings are hearing. eight out of 10 are beating expectations. they have about one out of five of the s&p 500 out with those earnings. hey, charles. charles: don't want to be the company that doesn't beat. i'm charles payne. this is "making money." brexit under fire. british lawmakers moments away for a vote on the deal to leave the eu live to london with the latest as all news comes in at this hour. seeing avalanche of earnings reports. neil talked about them. most are beating consensus. mcdonald's and travelers are reminders how painful it could be when you miss. when you thought it couldn't get worse for ipos. we have cautionary tales with peloton and wee works. so much more on "making money". ♪. charles: british lawmake