Skip to main content

tv   Varney Company  FOX Business  December 19, 2019 9:00am-12:00pm EST

6:00 am
with people. you hear every day this is a bombshell. numbers haven't moved. maria: dagen? >> the deplorables who cling to their bibles and their guns. that's what's afoot. an attempt by the democrats to overturn their vote. maria: have a great day. thanks so much for joining us. "varney & company" begins right now. stu, take it away. stuart: good morning, maria. good morning, everyone. just look at the front page of the "new york post" this morning. speaker pelosi dressed in black for the vote and the headline reads it's your funeral. clearly the "post" thinks the speaker will reassure the election of president trump. so do i. when the news came down, the president was addressing a big crowd in battle creek, michigan. he was interrupted by shouts of four more years. speaker pelosi could not deliver a unified party. the republicans did. three dissenting democrats, all republicans voted no. unity. then the partisan politics turned to farce. the speaker may delay sending the articles of impeachment to
6:01 am
the senate. she says she doubts there will be a fair trial, as if the hearings in the house were fair. senate leader mcconnell speaks to this at 9:30 eastern this morning. speaker pelosi holds a news conference at 10:45. now, the markets, that's already passed judgment. impeachment is of no consequence to investors. it's irrelevant. maybe they actually believe it helps the president in the 2020 election. look at this. the day after the impeachment vote, the dow is going to go up just a fraction at the opening bell, and down a fraction on the s&p, down a fraction on the nasdaq. in other words, no selloff at all. stocks remain right at record levels. well, it is going to be a fascinating day for politics and money. statements coming from the speaker and the senate leader. tonight, the sixth democrat debate and throughout the show, you will see the president in fine form at his rally. "varney & company" is about to begin.
6:02 am
after three years of sinister witch hunts, hoaxes, scams, tonight the house democrats are trying to nullify the ballots of tens of millions of patriotic americans. crazy nancy pelosi's house democrats have branded themselves with an eternal mark of shame and it really is. it's a disgrace. democrat lawmakers do not believe you have the right to select your own president. this lawless partisan impeachment is a political suicide march for the democrat party. stuart: you will be seeing excerpts from the president's speech in michigan last night all throughout the show. clearly he's slamming the impeachment circus. joining us, liz peek and charles hurt. the circus rolls on. charles, to you first, if i may. you are in d.c., for heaven's
6:03 am
sake. i have to go to you first on this. the speaker is delaying sending the articles of impeachment to the senate. what's with that? >> that's truly the most amazing thing out of last night, after all of this rushed impeachment, all of the unfairness that we saw because donald trump is so dangerous, he's such a threat to the democracy that we -- they had to rush through all of this stuff, oh, he couldn't be allowed to remain in office a minute longer, and they get through the impeachment and the first thing nancy pelosi says is oh, i may not transmit the articles of impeachment. as if anyone thought that this wasn't a sham at this point, that put the lie to everything these people have been saying and it is absolutely prepostero preposterous. i can't imagine, she's a very shrewd lady. i have no idea where she came up with this strategy except that she feels like actually pulling the trigger is so devastating for her party but it's a little late for that. stuart: yes, that's true. liz peek, i think the speaker is trying to prolong the trashing of the presidency in public.
6:04 am
>> i think that's right. after all, she could deliver these articles of impeachment two weeks before the election, a month before the election next year. she could conceivably really drag this out. but i think actually what's happening here, republicans were extremely successful in tagging the whole impeachment hearing in the house as unfair. that's the word. so what does schumer do? schumer starts talking about how he wants to make sure it's a fair trial in the senate. nancy pelosi, who doesn't want to deliver the articles of impeachment until it's a fair trial. americans are fair-minded. they don't like unfair. the polling during the impeachment process was extraordinary. a month into it, just two days ago, quinnipiac reported the highest approval rating for trump in this entire -- in his entire time of office. it didn't work. so now the tables are switched but ask yourself this. do they really want a lengthy trial in the senate, with joe biden, for example, having to testify? joe biden, who on the campaign trail still has not crafted a message about why his son was
6:05 am
allowed to do all this business in ukraine, when he was a point person. it would be a catastrophe for the democrats and they know it. so i think it's all just smoke and mirrors. it's positioning and messaging and nothing more than that. more sham partisan politics. stuart: let's go back to what the president had to say last night in michigan. he was talking about the economy. roll tape, please. >> for the last couple of weeks, we've set brand new records in the history of the various stock markets. so as of yesterday, we've had 133 record days in the stock market now -- and that's in less than three years. i see tremendous job growth because we're setting records but you know what i also see? the 401(k)s where people are up 90%, they're up 97%, they're up 82%.
6:06 am
you know, if you have a good economy -- i have the greatest economy in the history of this country. stuart: charles, isn't that what voters, ordinary everyday americans, is that what they care about? prosperity? >> absolutely. the juxtaposition of the vote last night in washington, d.c. in the house chamber and donald trump, he's not only out among voters that are thrilled with him, he's in michigan, a state that he swiped away from democrats based on their deep profound frustration with both democrats and republicans of every stripe, and he swiped the state away from them and is in a good position to swipe it away from them again. and he's talking about the stock market right there. but of course, the most important thing is -- that matters to those people, even more important than that, is the low unemployment, the rising wages, all of the things that really do matter to them. this nonsense here in washington behind me, it doesn't matter at all to these people. people who are walking around last night saying oh, did he get impeached last night? i didn't even realize it. stuart: you better come up to
6:07 am
new york pretty fast, because it's getting to you. i can tell. >> yes, it is. stuart: some reporters from "the washington post" and cnn are under fire from a tweet that appears to celebrate the impeachment of the president. here we go. i will put it up on the screen. can you believe this? merry impeach-mas. they are all sitting around giggling and cheering. what the devil, liz? >> the liberal media has been on a hatefest with donald trump since he took office and even before. they are embarrassed because they were so wrong about his election in 2016 and they continue to be wrong and they are going to be wrong next november. i really believe. i mean, the entire juxtaposition of economy and politics again, and impeachment, is so fraught but again, referring to that kw quinnipiac poll that just came out, 73% of americans say their economic situation is good or excellent, excellent, and by the way, it's the highest in 18
6:08 am
years. so is trump doing well with voters, yes, he is. by the way, the numbers on the independents in that poll, highest ever for trump. so is this working for democrats? i don't think so. ashley: what's really disingenuous, the reporter for "the washington post" that put this out there tried to say oh, this has been totally misinterpreted. really? stuart: you are mocking it. you should not be doing that. last word. i want last word to charles. i have said on this program earlier this morning that i think the impeachment mess is an opening of the door to president trump to win next year. what do you say? >> i think without a doubt. i think that the juxtaposition we saw last night with donald trump trying to get things done and talking about the importance of the -- of actually electing our leaders, i think that wins every single day. it really kicked off last night. stuart: charles, i want you on
6:09 am
that plane straight to new york pronto. see you soon. thanks very much. bottom right-hand corner of the screen, dow industrials probably going to go up a fraction at the opening bell this morning. that's the day after impeachment. now take a look at tesla. it's closing in on $400 a share. that would be an all-time high. i think that is very close to an all-time high. i will pick out the big winners for you. here's a couple more. apple, that's in record territory. okay. it dipped back a little below $280. this is, i'm going to tell you again, they sold out of those airpod pro things. that's a big deal. microsoft, i own a thin sliver of that thing, $154.45 premarket. very close to its all-time high of $155. by the way, we have a tech watcher on the show shortly, makes bullish calls on microsoft recently. let's see what she's got to say today. overall, the market as in the dow industrials at least, on the upside at the opening bell,
6:10 am
fractional losses for the s&p and nasdaq. speaker pelosi says she may wait to send the articles of impeachment to the senate. she's doing this for political purposes, in my opinion. political leverage. next hour, she holds her weekly news conference. we will be listening. we will also hear from mitch mcconnell, senate leader. he's addressing the impeachment circus about 30 minutes from now. we will listen to that as well. and we have more on what the president had to say about impeachment at the rally in michigan. he came out swinging against the democrats and you will hear it. we'll be right back.
6:11 am
most people think of verizon as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready.
6:12 am
may your holidays glow bright and all your dreams take flight. lease the glc 300 suv for $439 a month with credit toward your first month's payment at the mercedes-benz winter event. (thud) (crash) (grunting) (whistle) play it cool and escape heartburn fast with tums chewy bites cooling sensation. ♪ tum tu-tu-tum tums
6:13 am
it doesn't really feel like we're being impeached. the country is doing better than ever before. we did nothing wrong. we did nothing wrong. and we have tremendous support in the republican party like we've never had before.
6:14 am
nobody's ever had this kind of support. stuart: that was the president last night. moments ago we received this tweet from the president. here it is. i got impeached last night without one republican vote being cast with the do nothing dems on their continuation of the greatest witch hunt in american history. now the do nothing party want to do nothing with the articles and not deliver them to the senate. but it's the senate's call. that was the news this morning. the delay maybe sending it to the senate so come on in, congressman from tennessee, mark green. congressman, welcome to the show. >> thanks for having me. stuart: you're welcome. look, i've said earlier today that the speaker is delaying sending the articles to the senate because she wants to prolong the trashing of the presidency. what say you? >> absolutely. i mean, the only thing they care about is 2020. we've said from the beginning this is talking points for 2020 so all of her gamesmanship, they were saying this was a national
6:15 am
security crisis, we've got to impeach the president for national security and suddenly we are just going to hold them, we were just kidding, we're not sending them over. this is ridiculous. it's a game to them and tragically, it's cost our country. i will give you an example. today i'm going into a committee and we are going to be voting on bills. the last time we had a bill markup in this committee was july. stuart: good lord. that was because of the impeachment process, it sucked all the oxygen out of the house? >> absolutely. and all the other investigations, too. financial services is looking into his tax records. every committee is leveraged against this president. it's insane. stuart: what was the mood like? i know you were in the room or in the chamber last night when the vote was taken. what was the mood like? >> most people, even some of the democrats, from their perspective, were saying this is a sad day. tragically, though, there were many that applauded when it passed. and speaker pelosi had to tell them oh, no, please stop, don't applaud. we found out now that at least
6:16 am
one democrat member had a party in his office last night to celebrate the impeachment of the president of the united states. this is crazy. stuart: i don't know what, as you say, the mood inside the chamber, i can tell you that outside of it, this morning, i feel the anger really, really rising dramatically. >> yeah. if you look at what they're doing, they are basically attacking the presidency and they are blowing off the supreme court. the supreme court took up the issue and is going to rule on the issue of their second article, whether the president can say no, you can't testify, so they're not willing to wait on a ruling from the supreme court? i mean, they are basically hijacking, you know, our government. this is crazy. it's insane. stuart: it's an important day. congressman, we thank you very much for being part of it with us. thank you. appreciate it. we've got a new survey from the investment firm rbc. a majority of investors expects president trump will win
6:17 am
re-election next year. more, please? deirdre: 76% do think the president will win in 2020 and so that's a significant number. what's also significant is it's a lot more than in september when they last did the poll, and that was 66%. so most of those surveyed, i should say they are people who have money on the line, stock market investors, and they say the president is good for the stock market. stuart: liz peek, i want to go back to you on this. i may have asked you this before. i think this opens the door for the president to win next year. what say you? >> look, i think that's exactly right. the president was going to win next year anyway because the economy is why people vote for the incumbent president most of the time, or they don't. the answer is this economy is delivering for people, three and a half million people off of foot stamps food stamps is not because of harsh measures, it's because they have better opportunities. we have an enormous number of people never been hired, all of a sudden getting jobs. there's just no denying it. democrats are terrified that that economy is going to
6:18 am
re-elect donald trump. if you roll the cameras back, that's what this impeachment drive is all about. it's all about the economy. stuart: on your screen, i can just squint and just see that, see that, the nasdaq has gone up 69.98% since the election of donald trump. >> the democrats would have you believe it's only wealthy people who care what the stock market is doing. over half of americans have investments in some way attached to the stock market. all the people in that rally whose heads are nodding talking about iras, they know it. they know they are better off. they know their savings account looks better and their stock portfolio looks better. that is not insignificant. ashley: there are just over seven million jobs open, there's not enough people to fill the jobs. the argument that companies are not using their tax breaks to expand and put that money into capital expenditure is just not true. the fact is we need more skilled workers to fill this booming economy. deirdre: to your point about who has money on the line, there are numerous blue collar workers who
6:19 am
are in unions. those unions have pensions and the pensions are quite exposed to the stock market. so whether people, i'm sure they realize it, but maybe they don't talk about it every day but they are very much affected in a good way by the 25% to 30% -- >> what we have seen is median incomes are up over $5,000. that means middle class people are looking at their income over the last two, three years, it's up over $5,000. so don't let's get focused on the 3% wage increase or whatever. these are people moving to better jobs. there's a whole trickle down, yes, really, trickle down effect from the tax cuts and the deregulation which doesn't get as much attention i think is every bit as important. stuart: 55 million americans have a 401(k). 35 million have an i.r.a. goodness knows how many union pensions. ashley: take a look at them. stuart: all of them up by at least a third in three years. got it. >> pretty good. pretty terrific. stuart: fine performance this morning. you enjoyed yourself today. i know you did. >> i'm one of the angry people.
6:20 am
i'm furious about this. democrats are trying to basically get rid of a president that all of us, i voted for. i make no bones about it. i think it's been so unfair and just devastating to the country. stuart: you better come back soon. >> thank you. stuart: thank you very much. check that market, please. going to open it up, what, in ten minutes' time. up for the dow, down slightly, s&p and nasdaq. here's a headline that got our attention. you might be buying trash on amazon, literally. it's from the "wall street journal." reporters went to dumpster diving, for heaven's sake. they went themselves and saw the items that they pulled out of the trash on amazon. we have one of the dumpster divers on the show later this hour. just to lighten things up a little on the day after impeachment. ashley: why not. stuart: more "varney" after this. ♪
6:21 am
♪ ♪ everything your trip needs for everyone you love. expedia. for everyone you love. (shaq) (chime) magenta? i hate cartridges! not magenta! not magenta.
6:22 am
i'm not going back to the store. magenta! cartridges are so... (buzzer) (vo) the epson ecotank. no more cartridges. it comes with an incredible amount of ink that can save you a lot of frustration. ♪ the epson ecotank. just fill and chill. available at... keep going, keep going. [maniacal laughter] gold! right, uh...thank you, for that, bob.
6:23 am
but i think it's time we go with gbtc. it's bitcoin exposure through a traditional investment account. nice rock. it's time to drop gold. go digital. go grayscale.
6:24 am
stuart: microsoft is clearly one of the outstanding stocks which has clearly helped lead this market higher. the thing is up 51% since this year. i didn't realize that. i've got a thin sliver of it. up 51%. come on in, beth kindig, market watcher and technology watcher. do you think microsoft's stock is going up from here? it's already close to record highs. >> yeah, absolutely.
6:25 am
the thing to remember about microsoft is that they are the leader in hybrid cloud computing. that's a huge distinction from cloud computing overall. it allows you to keep your most sensitive data on premise, on your own servers, while sending your less sensitive data to the cloud for things like ai, machine learning. that hybrid strategy is actually preferred by the fortune 500, the majority of the fortune 500 is using microsoft azure, they like this hybrid strategy, and that's why we see microsoft continuing to climb. stuart: dan ives, a frequent guest of this program, told us yesterday we are entering, just entering the golden age of technology. how would you respond to that? >> absolutely. ai is going to be a $30 trillion economy by 2030. that's four times larger than what we saw from the mobile industry. the mobile industry boom brought us a trillion dollar market cap of apple, brought us facebook, brought us google's market
6:26 am
value, brought us all those companies. now times that by four and microsoft is perfectly situated to capitalize on that. stuart: fascinating. beth, you must have gotten up very early to be with us this morning, because i know you are in california. i'm sorry we are so short, but believe me, for our viewers, it was worth it. beth, thank you very much indeed. we appreciate you being here. thanks. >> thank you, stuart. stuart: good stuff. we are waiting for remarks from senate leader mcconnell. joining us now, scott martin, deirdre bolton, ashley webster, while we wait for the senator. we are going to wak lk up to th opening of the market, is that correct? that's the plan. are we taking a break? ashley: no. stuart: we killed the break. deirdre: here we are. stuart: there's some money we're not making. i'm worried about that. hey, scott, let's sum it up like this, shall we? the impeachment vote is of no consequence whatsoever for the market except if it helps president trump win next year. >> agreed. i think that's what the market's
6:27 am
telling you. this whole time, ever since the impeachment hearings got under way, the markets did this slow drift up, this what, me worry attitude. this is a side show. this is something that's driving home the need to have somebody like president trump again in the white house in november of 2020 and so that's what the markets are seeing as a realization. i think that's why they are rallying today, in fact. stuart: look, in about three minutes' time we are expeie exp to hear from senate leader mcconnell. i'm sure he will address what amounts to a delay by the speaker in sending the articles of impeachment to the senate. he is the senate leader, he's going to have somethi something about that. but why do you think -- why do you think, deirdre and ashley, why would the speaker do this? why talk about delay, the moment after the vote is taken? ashley: trying to drag it out as long as possible. we talked about it earlier with liz peek. it makes no sense because, you know, you got joe biden, you got senate candidates in the democratic primary who are going to be held up with this instead
6:28 am
of out on the campaign trail. it's trying to drag it out and give the president as big a black eye as possible for as long as they can go up til november of next year and it's not working. it's backfiring. just look at the polls. stuart: it will backfire. you don't drag out the trashing of the presidency for political reasons. you pay a political price. deirdre: i think initially even nancy pelosi didn't even want to go down this road at all, because love her or hate her, she's a very savvy operator. she knew this would be bad for the party. many sources told us she was more or less backed into it but now that she's there, she's there. what is very interesting is if you look at the markets, look at these futures. we seem as if we are going to open if not matching tuesday's highs, pretty darned near close. if you look at the past six sessions we are up five. investors are really not taking this impeachment vote to heart at all. stuart: it doesn't seem like it. it really doesn't. scott, i know i have asked you this question before, i asked
6:29 am
all of our market guests this, but do you see this rally running on into next year? >> i do. i believe it's going to run at least into the first quarter because we've got this momentum building, we've got bonuses being paid at the end of the year, other things that happen, kind of just historically or seasonality that tend to do well for the market after a good finish like we will have. i will tell you, to the point some of the panel made, there is uncertainty laying ahead with respect to certainly if things get going again on the campaign when we refocus on the campaign trail, so there's probably going to be some volatility that comes back in but i think we are clear sailing at least for the next 30 to 60. stuart: tonight, there will be the next debate, i think it's the sixth democrat debate. there are seven candidates on the stage tonight. i'm pretty sure all of them favor much higher taxes, some form of green new deal, some form of re-regulation of business. i think when investors see that, that's the choice of candidate available, i don't think that makes them very popular.
6:30 am
ashley: no. stuart: it has to enhance trump's position. deirdre: the only one not participating is michael bloomberg. stuart: yes. i keep thinking that maybe mr. bloomberg is the man who gets the nomination. just maybe. ashley: maybe. stuart: here we go. they are clanging the bell, they are cheering and shouting. it is 9:30 and the market is now open. this is thursday morning. this is the day after the impeachment vote which took place late yesterday and of course, the day after president trump's resounding response. okay. we are off and running. the dow right now, opening up nearly -- there you go -- it's up 42 points. okay. on the right-hand side of the screen, that is the senate where mitch mcconnell will be making a statement shortly. but let's have a look at this -- okay. that's the chaplain who is calling the senate to order with the prayer to begin things. the s&p has opened up three points, a fraction of 1%.
6:31 am
the dow is now up 51. the nasdaq has reached 8,841, up another 14 points. i'm not sure if that's the all-time high but it's got to be pretty close. deirdre: if it closes above, just slightly above that, it would be the sixth day in a row for the nasdaq. stuart: i've got to keep -- ashley: the impeachment process plows on. stuart: precisely. as the impeachment process grinds on, what have you got? another market rally, right from the get-go. bottom right hand of the screen, you can follow it, we are up 62 points for the dow industrials. how about tesla? did it open at an all-time high? yes, it did. $400 a share. well, all right. $399.68. we'll take it. apple, now show me apple, please. approaching record territory, very close. it has been at $280. now it's at $279.83. same story with microsoft. very close to its all-time high. $154.42 as we speak.
6:32 am
impeachment, as you can see, absolutely no impact on this market that i can see. no impact whatsoever. i think we can all agree on that one. this morning, we've got this delay in sending the articles of impeachment to the senate. i don't think that helps the democrats' position. i don't think that helps them win next year. as you can see, leader mcconnell is going to be addressing the senate very shortly. we now have the stock market in record territory right after the impeachment vote last night. scott, what do you have to add to this? >> stuart, you know, this makes me think of a couple things. if we look back in history, we have had these distractions in congress before that have maybe unsettled a sitting president and it's something the market ends up voting on, it's something when the market ends up voting on, that's good for america if it's a good vote, in the sense that today, as we have seen the last couple weeks, the market is saying this is a side show, this doesn't matter, the
6:33 am
voters are going to do better if trump stays in power. obviously that helps him in 2020 and that's why i think you are seeing the stocks respond well. stuart: i'm going -- ashley: huge vote of confidence from the market for this. there has been for awhile now. let's be honest, they obviously believe it's going nowhere which we know it's not, and the economy continues to move on and it's helping the president. i think we talked about the backlash. to me, the market believes donald trump is in the lead and especially if this is the strategy of the democrats. stuart: let me go back to that survey from the investment firm rbc. it shows a majority of investors expects president trump to win re-election next year. 76%. deirdre: yeah, 76% is obviously a very strong percentage but i think even what's more interesting is the difference in just three months' time. 66% to 76% in basically the past three months. so you have investors responding to rbc, saying listen, the president has been great for the stock market, great for the economy. stuart: and that three-month period coincided with the
6:34 am
beginning of the impeachment process. deirdre: very much. stuart: i see from the screen we are going up some more. ashley: the nasdaq, another all-time high, oh, by the way. stuart: another all-time high. i hear voices there. okay. they still have not got to mitch mcconnell. when we get to him, we will hear what he's got to say. scott, does it surprise you that 76% of investors surveyed by rbc think the market's going up? i'm sorry, that president trump will win? >> no, because they are buying. i think they are the ones that are buying which a lot of people are doing these days. they better hope trump wins because as we have seen from the democratic side, a lot of the proposals are notfriendly. look at these numbers. you got dow 30,000 which is in major reach now, and nasdaq, 10,000, which is absolutely incredible, to think about those two numbers coming together maybe sometime in the next six months, maybe even three months.
6:35 am
stuart: we are waiting for the leader of the senate, mitch mcconnell. in the meantime, i'm going to show you as many stocks as i can on this record-breaking day. look at this. this is tesla. that stock is up 18% this calendar year. it opened at an all-time high of $400 a share. it's on a tear. deirdre: yeah. ashley: unbelievable. hasn't been this high since the infamous funding secure tweet by elon musk. there's a couple things. they actually made a profit in the third quarter which is good. analysts say they believe that a production ramp in china will be smooth. we know they just reduced the prices of their basic model in china and all of this is giving analysts reason for optimism. the market valuation now ahead of gm and ford which is fascinating. stuart: sure is. i'm using my phone here to look at some stocks that are up on this record-breaking day.
6:36 am
facebook at $204 per share. even twitter is up, it's at $32 a share. that's up 1% today. tesla, as we said, $399 right there. i'm looking across the board here, i'm looking at, what have i got here, microsoft is up 27 cents, $154. i've got google is up four bucks. apple has reached $280. microsoft, $154 right there. mitch mcconnell is now speaking. go ahead. he said toxic rage is setting a new precedent for impeachment. i think the man is right. let's listen in briefly, please. >> -- and what it will mean for the senate to do ours so let's start at the beginning. let's start with the fact that washington democrats made up their minds to impeach president trump since before he was even
6:37 am
inaugurated. here's a reporter in april of 2016, april of 2016. donald trump isn't even the republican nominee yet, but impeachment is already on the lips of pundits, newspaper editorials, constitutional scholars and even a few members of congress. april 2016. on inauguration day, 2017, the headline in "the washington pos post", the campaign to impeach president trump has begun. that was day one. in april 2017, three months into the presidency, a senior house democrat said i'm going to fight every day until he's impeached. that was three months into the administrati
6:38 am
administration. in december 2017, two years ago, congressman jerry nadler was openly -- stuart: okay. now, the leader of the senate has not yet addressed the idea that articles of impeachment will be delayed going to the senate. speaker pelosi said yesterday right after the vote a delay in sending those articles of impeachment to the senate because she wants to get a fair trial. extraordinary statement. we will get back to mitch mcconnell when he addresses that delay. meantime, we still have a record-breaking stock market for you. dow industrials are up 54 points, 53 points. 28,300, just about. earlier, we had a whopping great big new high for the nasdaq composite. that means technology stocks all over again are doing well. can we get that board up which we've got all the big-time technology stocks, please?
6:39 am
i'm pretty sure they are doing well which is extraordinary because they have gone up constantly. deirdre: it's the nasdaq were to close right now, this would be the sixth consecutive day of records. stuart: for the nasdaq. that's really -- 8,800. left-hand side of the screen, i do this for the benefit of our radio listeners, apple is at $280.95. it is up $1.25. google is up three bucks. amazon actually down five. but look at facebook. powering ahead to $205 per share. by the way, facebook will run ads on the super bowl, they will feature sylvester stallone and chris rock, two big names for facebook at the super bowl. deirdre: first time ever they have actually bought time in the super bowl and you know, facebook has had a very rough year, two years, we could say, so they are trying to promote this facebook groups functionality so they are willing to spend for that 30-second spot. stuart: scott, i think you own
6:40 am
what is it, facebook and i don't think you're going to sell. >> no. through all the slings and arrows from the government, we have held on and been happily rewarded, our clients and ourselves. what's interesting, though, talking about a facebook ad in the super bowl, this company dominates digital and mobile and they are going to traditional. maybe there's a plan in there somewhere, but i still like the name because they do dominate advertising. stuart: i will deal with a couple other stocks while we wait for some announcement from mitch mcconnell on this possible delay. we've got netflix and disney. look at them, please. a new report says netflix lost a million subscribers after disney launched its disney plus. deirdre: yeah. this is coming out from cowan and company. that's a pretty big number. you gave the headline there. many subscribers have both services, but disney plus by all accounts had 24 million subscribers by the end of november. one thing that i do want to mention is that some subscribers to disney plus are not paying,
6:41 am
that is not to take anything away from disney plus and its launch but if you have verizon unlimited data plan, you do get free disney plus for a year. okay. listen, if you are watching the mandalorian or everything else and you are addicted to that content, you stay with it next year. do you keep netflix as well, scott? >> yeah. we are. it's funny, i like the survey because it does give some depth as to what people may do when you guys talked about earlier, bundle streaming service or picking one or the other, it always seems like in tv and cable and all this stuff, the best well-laid plans never execute. my guess is half those people that responded that we were going to cut netflix ended up keeping it. stuart: very probably. deirdre: a big difference between what we do and what we say we'll do. stuart: ain't that the truth. we got -- check apple again, please. i know we check this a lot. but it is the most valuable american company, second in value only to aramco. apple is now worth about $1.25
6:42 am
trillion. we've got a cowan analyst, calling it one of his favorite ideas for the new year. tell me more. ashley: it's all about 5g, when will they release the handsets for 5g enabled phones. it's the 14th generation of iphones. analysts say they expect the fall of next year that we will probably get at least three different phones. there has also been buzz about a new low-cost iphone rumored to be called the se2. that will be released early next year, they believe. they will target what they call price-sensitive geographies, a nice way of saying poorer areas around the world, to try to get people into their ecosystem with a lower cost iphone. of course, the wearables, that is also giving analysts all sorts of optimism for the new year. airpods, apple watches, also apple tv plus and apple music. all of those bundled together -- deirdre: they are sold out. ashley: those are gone. deirdre: if you want them, you have to wait until the third week of january. even if you order directly from apple's website.
6:43 am
stuart: now, scott, as i understand it, the wearables division at apple, the watch and the airpods, if you take the revenue from that division, that revenue would make that division one of the fortune 200 companies. that's how big it is. so what's your call on apple for 2020? >> we like it. we have owned it for quite some time. i think the cowan analyst, okay, great, thanks, where were you when the other hundred points were being made in the stock. this is where the tough part of apple really comes in. we talked about this on the show ad nauseam. everybody likes apple now. everybody is talking about the wearables, the airpods which i do love, but it just seems like it's a little pricey here. i would love to get a pullback and get into some more but i still like apple. it's a good company. i just don't think we will see another hundred points in the next six to eight months. stuart: let me summarize where we are, 13 minutes into the trading session.
6:44 am
the dow jones industrial average is up about 60 points, and a little earlier this morning we had a brand new all time record high for the nasdaq composite. let's be clear here. this is the day after the impeachment of the president of the united states. two articles of impeachment. it was not a unified democrat party that voted for those impeachment articles, but it was a unified republican party which voted against it. right after the vote was taken, we had speaker pelosi suggesting that maybe she would delay sending the articles of impeachment to the senate because she worried that there wouldn't be a fair trial. very interesting, because that just prolongs the agony of impeachment, if you ask me. i don't think it's a good political strategy for the speaker. in fact, i think the speaker has opened the door for a trump win next year. what do you think, scott? that's where i'm coming from here. >> yeah, i agree. it brings me back to something deirdre said about ten minutes ago which was that nancy pelosi knew this was bad for the party,
6:45 am
the impeachment process, or to start this whole thing, but she did, and probably felt some pressure and things like that. if we know that, why drag this on even further, like why keep the show going even more and upsetting america, showing people how your government works and how they spend taxpayer money and waste everybody's time? it's just a really odd thing to me. stuart: what did you say? ashley: because it's all they've got. what are they going to do, talk about the economy? they can't. >> maybe get a candidate together. stuart: seven candidates, i think it's seven candidates will be on the debate stage tonight. it's the sixth democrat debate. it will be tonight. of those seven candidates, when you put president trump head-to-head with all of them, any of them, trump wins. i think this impeachment process will enhance his margin of victory over the seven people on the stage tonight. ashley: big backlash. stuart: the only person i can see making a big difference here will be mike bloomberg.
6:46 am
deirdre: they actually have a lot in common, michael bloomberg and president trump. that is to say they ran successful businesses, they are very much sort of, we would argue the president was more of a house hold name, they both have a lot of money. that does certainly help. stuart: therein the relationship ends, i think. deirdre: i think both, at least in the past, have been party agnostic which does, to a certain extent, appeal to people who are sick of partisan positivelitics politics. stuart: let's talk amazon for a moment. it's another of these extraordinary emerging companies. ryan fratella is with us from the drucker school of management. i think they are the best executing company certainly in the delivery and supply chain business as of right now. they are the best. they execute extremely well. what do you say? >> well, yeah. they are a long-time thinker when you think about strategy. they will use u.s. partners and when they don't need you, they
6:47 am
will keep doing their end. for example, last time you and i were on, you know, you [ inaudible ] between them and fed ex there's no love right now. that's because amazon decided their long-term strategy is to become that supplier of delivery for all their things. you will start to see the steps that are coming in here. that's the world we live in right now, when companies execute at an operational high level. you would have said two years ago amazon would have cut fed ex, one of its biggest partners in delivery and start to put out a plan. ups and obviously the postal service, too, they so the writi -- see the writing on the wall because amazon is at that high level. stuart: we come to you for management expertise. would you say that amazon is the best managed company in america? >> i would not say that to that degree. here's why. when you think of management strategy, you think about profits, profitability, all
6:48 am
those things, but you also have to say culture. i have to say, you know, you know, not to say amazon's culture is not great, but it hasn't been top tier. i think when you grow and scale a company like amazon to a global level, and you have different verticals, they have done in acquisitions, there is some issue of when you have to actually put them together and really make them a cohesive unit. do they have an opportunity to be the best managed company in the world, absolutely. but it would be really hard for me to say that when -- that everything is on full forward right now. stuart: they are doing pretty well. ryan patel, thanks. see you again soon. let me get to gerri willis at the new york exchange. tell me what are traders saying about impeachment down there? gerri: not a darned thing. they don't -- how many times can i say this? we are not paying attention to the impeachment hearings. somebody had it on a tv set over here the other day, lots of eye rolling. nobody thinks it impacts companies' bottom lines, top
6:49 am
lines, huh-uh. it's not a big deal because they see the senate turning its back and that being the end of the conversation. they actually, to your point earlier, just moments ago, that they see the president getting re-elected. they think it's good for stocks. back to you. stuart: gerri willis right there, new york stock exchange. on your screen, moments, there it is, okay, video of reporters from "wall street journal" pulling products out of a dumpster and here's what they did with the trash. they sold it on amazon. we have one of those dumpster divers on the show, next. nationwide helps you invest for your future, brad. so you can plan for retirement and save for college. oh, that explains this. the nationwide dome. state-of-the-art venue. 80-yard screen. fantasy sports lounge. climate controlled seats. sushi bar. club level pool. really? lastly... retractable roof. whoa. touchdown! peytonville just runnin' away with this one. go peytons. (pop) kind of lackluster. eh, still working out some kinks. who they playing? the brads.
6:50 am
worst team in the league. of course. this is the epson no more buying cartridges.. big ink tanks. lots of ink. print about... this many pages. the epson ecotank. just fill and chill. car vending machines and buying a car 100% online.vented now we've created a brand new way for you to sell your car. whether it's a year old or a few years old, we want to buy your car. so go to carvana and enter your license plate, answer a few questions, and our techno-wizardry calculates your car's value and gives you a real offer in seconds. when you're ready, we'll come to you, pay you on the spot, and pick up your car. that's it.
6:51 am
so ditch the old way of selling your car, and say hello to the new way-- at carvana.
6:52 am
it's our most dangerous addiction. and to get the whole world clean? that takes a lot more than an alternative. so we took our worst vice, and turned it into the dna for a better system. materials made from recycled plastic - woven and molded into all the things we consume.
6:53 am
we created bionic and put the word out with godaddy. what will you change? make the world you want. stuart: it's kind of easy to open up a store on amazon and sell merchandise. just ask my next guest. as part of a "wall street journal" investigation, she successfully listed and sold a variety of products pulled from dumpsters. watch this. >> after a little sprucing up, three were put up for sale on an fda storefront created by the "journal." we listed our items as new and intentionally priced them higher than other sellers to discourage customers from buying them. stuart: now, ladies and gentlemen, the dumpster diver herself. welcome to the show. >> thank you. stuart: i want to make it quite clear that you have never done
6:54 am
dumpster diving before. >> i have never done this prior to this investigation, that's correct. stuart: did you volunteer to do this? or was this an order? >> i started speaking to dumpster divers and i wanted -- it was purely for fact checking. i wanted to see whether this was possible and what amazon's vetting process looked like. stuart: so you dumpster dived or dove, whatever it is, you took the stuff out, you put it on amazon and you sold stuff? >> we sold stuff but we bought it back ourselves. stuart: what did you sell? >> we sold a jar of lemon curd -- stuart: a jar of lemon curd? >> we purchased it ourselves. we didn't want anyone to end up with garbage. it was only on the site for a few seconds. stuart: you wanted to make the point you could do it? >> we wanted to see what the process looks like because you actually ship the items to an amazon warehouse where once they are received there, then they are listed on the site and you buy them back. stuart: so were these dumpster
6:55 am
things shipped to an amazon warehouse? they were? >> we packed them ourselves, we shipped them to an amazon warehouse. once they were registered in their system, they listed on the site and then we purchased them back, so two of the items came back in amazon packaging. they had been completely repackaged, amazon tape, the logo, everything. the last item actually, the trader joe's lemon curd, came if the same box with the same tape and same bubble wrap. it hadn't even been opened. there was an amazon shipping label affixed to the top. stuart: what did amazon say about this? >> amazon said that dumpster sourced listings we had shown them from some of the other dumpster divers were isolated incidences and they would investigate the matter and take action against bad actors. at the time when we opened the store, there was no rule prohibiting the sale of trash so this month actually just last week, they added language to their policies specifically prohibiting the sale of trash
6:56 am
and on saturday, they shut down our store because they said we had violated their policies. stuart: how did you define trash? if the stuff you got out of the dumpster was in good condition, clean, unused, what's wrong with that? how do you define trash? i've got lots of stuff in my house that i would call trash but which i could sell on amazon. >> that's the argument that the dumpster divers make. that it looks new and that in fact, some of them clean the items, some of them go as far as shrink-wrapping them to make them look especially new, but the customer on the receiving end doesn't know where they come from and i think some people are operating under the assumption that this is directly from a manufacturer or from a store shelf. stuart: will you ever go and dive in a dumpster again? >> i don't think so. unless i do another investigation. stuart: i don't think you will. ladies and gentlemen, the "wall street journal" dumpster diver. it is a pleasure having you on the show. seriously. a pleasure.
6:57 am
well done. great stuff. thank you very much. all week long, we brought you the states with the best economic outlook. i want you to guess which is today's state. here's the clue. its seal is the only state seal designed by a woman. back shortly. . . most people think of verizon as a reliable phone company.
6:58 am
but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. in connemara. right! connemara it is! there's one gift the whole family can share this holiday season, their story. give the gift of discovery, with an ancestrydna kit. give the gift of discovery, the doctor's office might mejust for a shot.o but why go back there when you can stay home with neulasta® onpro? strong chemo can put you at risk of serious infection. in a key study neulasta® reduced the risk of infection from 17% to 1% a 94% decrease.
6:59 am
neulasta® onpro is designed to deliver neulasta® the day after chemo and is used by most patients today. neulasta® is for certain cancer patients receiving strong chemotherapy. do not take neulasta® if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems allergic reactions, kidney injuries and capillary leak syndrome have occurred. report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. in patients with sickle cell disorders, serious, sometimes fatal crises can occur. the most common side effect is bone and muscle ache. if you'd rather be home ask your doctor about neulasta® onpro. pay no more than $5 per dose with copay card. and my lack of impulse control,, is about to become your problem. ahh no, come on. i saw you eating poop earlier. hey! my focus is on the road, and that's saving me cash with drivewise. who's the dummy now?
7:00 am
whoof! whoof! so get allstate where good drivers save 40% for avoiding mayhem, like me. sorry! he's a baby! stuart: it is precisely 10:00 here in new york city. well, it is a big day in politics and money. we expect to hear from speaker pelosi later. will she send the articles of impeachment to the senate. that is the question of the day. she suggested there will a delay late yesterday. senator mitch mcconnell, speaking on the floor of the senate, he did not address this delay directly but he did say, speaker pelosi, quote, may be getting cold feet. that she has, quote failed the country. let's get straight to your money. we have a very important number released. it is existing home sales numbers. big for the realtor business. what have you got.
7:01 am
>> november a little disappointing. if you look at message a drop of 1.7%. this is more than triple what most economists were looking for. so a huge drop in november. stuart: so, but it is up 5.35 million home sales on annualized basis sis. up what percent from last year? >> up 5%. stuart: up 5% from a year ago. 5.53 million exists on annualized basis. mortgage rates? ashley: interesting comment from freddie mac. same as last week. any improvement of housing sales is modest for the new year. the biggest problem is a lack of homes on the market, availability of inventory continues to be an issue, 3.73.
7:02 am
ashley: 3.73%. stuart: 5.35 million homes sold existing annualized basis. dow industrials not reacting to the two numbers. we're still up 56 points on this day after the impeachment vote. now this. who really won with this impeachment vote? speaker pelosi? no. she could not muster a united party. she could not prove a crime. and now the speaker may delay sending this mess to the senate. perhaps she wants to prolong the trashing of the presidency for maximum effect. i don't call that winning. certainly not a win for america, is it? did the media win? well, yes, in the sense that they pushed for a yes vote and got it but in doing so, they disgraced themselves. they abandoned objectivity and threw in with the far left. and there was this. the fine journalists at "the washington post," and cnn celebrated merry impeachmas.
7:03 am
giggling away they mocked the holiday season. how cute. yes, how revealing. was it a win for our political system? absolutely not. the system was in fact abused. impeachment should be an emergency measure for high crimes. instead speaker pelosi turned it into a political attack dog, a vehicle for the left to express its contempt for a president they don't like. reversing an election they lost. they turned politics and government into a partisan circus. hard to say the president won. like bill clinton, impeachment is on his record but in the long run, this narrow, partisan, hate-filled impeachment may work to the president's political advantage. the whole process was unfair and it has been going on for three years but despite it all, this president has engineered a world-beating economy and prosperity at home. voters are not blind. let's sum it up like this. speaker pelosi has just insured the re-election of president
7:04 am
trump, that is my opinion. and here's the front page of today's "new york post." the speaker, dressed in black for the vote, the headline reads, it's your funeral. matt macoviak with us now. matt, speaker pelosi, what was that all about? may not even send the articles of impeachment to the senate? what is going on with this? >> yeah, you know, the incoherence of house democrats is breathtaking. on one hand, trump is such a incredible threat to the country and national security and the constitution that he must be impeached in four weeks. on other hand now that they impeached him they will not forward articles of impeachment to the senate. the house gets to set their procedure. the senate gets to set their procedure. pelosi has far less leverage in the senate that even she thinks. if she thinks she has any leverage she is mistaken. stuart, you have been on air. i've been able to watch most of
7:05 am
senate majority leader mitch mcconnell's floor speech just now. it is absolute tour de force. i hope every american watches it. it will be on c-span within minutes. i'm sure it will be on social media. he takes apart the case for impeachment brick by brick. does it through historical lens, a legislative lens. they're going to stand, stand, you know, the test of history here on this issue. we've never seen a president impeached in their first term. entirely clear why they did this. they did this to affect the election. stuart: got it. thank you, matt. stay there please. bring in gary kaltbaum, market watcher for his today. the, seems to me, gary, the market completely ignored impeachment. what do you say? >> stuart, i have not seen one dow point either up or down move because of impeachment over the last few months leading into what happened yesterday and
7:06 am
leading into today. it looks like this thing may be put off for a little bit. market doesn't care. the market cares, number one, mostly about the massive easing by all the central banks around the globe. number two, the 10-year still staying below 2%. number three, earnings. number four, trade, after that, is everything else. this one doesn't even register on a scale of one to 10. i think that is good news. stuart: look what we've got. records across the board, the day after the impeachment vote. here is what the president had to say as the house impeached him. roll that tape, please. >> it doesn't really feel like we're being impeached. [cheering] the country is doing better than ever before. we did nothing wrong. we did nothing wrong. and we have tremendous support in the republican party like we have never had before. nobody's ever had this kind of support. stuart: matt, does impeachment
7:07 am
actually build support for the president? >> i think republicans are more unified now than at any moment in the trump presidency, i really do think that. in fact a "gallup poll," if you look nationally, his job approval up to 45%. it was 39 when impeachment began two months ago. look, this has been politically advantageous for the president. i'm sure it has been miserable. i'm sure he feels it is deeply unfair. i understand why he feels that way. impeachment has to be clear, it has to be overwhelming and has to be bipartisan. in this case it is none of those three things. you have no crime, no victim. ukrainians themselves say they weren't pressured this is partisan impeachment as senate majority leader said. it is partisan rage. it is driving democrats. i'm shocked honestly, 30 of 31 of house democrat members trump won in 2016 jumped off the cliff with speaker pelosi last night. that may come back to bite them when they try to pretend they
7:08 am
are not partisan democrats up for re-election next year. stuart: i want to get back to gary kaltbaum for 30 seconds. do you see this rally keeping going into the early part of next year? >> this second, short term, i think it's a little frothy. i expect bumps, i think the first quarter should be pretty darn good. i'm a big believer, when i watch markets, momentum, you have got it, most important groups are leading, technology and financials. if they continue to lead you keep going to the upside first quarter. stuart: matt macoviak, gary kaltbaum being thanks for being with us on very important day. thank you very much. get back to your money in. first of all the dow industrials. we're up 68 points, 28,300. look at nasdaq, earlier this morning, hit a brand new all-time record high, still at it. 8843. up another 15 points. check tesla, the stock hit an all-time high, right at the
7:09 am
open, $400 a share. still there, up seven bucks. nearly 2%. apple that stock is in record territory again, 280 as we speak. airpod pros, sold out that really helps them. get back to the president, what he had to say about the economy. here is what he said about it last night, roll at that tape again. >> you think we're going into a recession? i said don't worry about it. we think we'll going to a recession. they were willing to lose their wealth, and their stocks, whatever the hell they own, what do you guys own back there? let it go. they will go bust. they don't care. anything to get rid of us, not me, us. you know what? then all of a sudden, now for the last couple weeks we set brand new records in history of the various stock markets. stuart: i didn't mean to dismiss gary kaltbaum. i am glad he stayed there i want your comment on this does the president deserve credit for
7:10 am
economy and the market? >> i said all along, that the tax cuts, more importantly that the regulatory cuts, just the overall feel for business that, there is an administration behind them. they would get the heck out of the way, i think that is really done the trick. i don't care what anybody else says. i really do believe that the president did matter for the economy over the last three years. if he can just get rid of those tariffs and start going after the debt and deficits i will give him a standing ovation. that story is yet to be told. stuart: got it. now i will say good-bye to you, gary. thank you very much indeed. great holidays to you. >> you too, stuart. thank you. stuart: yes, sir. later this hour we hear from speaker pelosi. will she send articles of impeachment to the senate? that is what we're listening for or listening for it. remember the "fox news poll" about socialism? 41% of millenials have a favorable opinion of it. later this hour i ask one of our resident millenials, why do younger voters prefer socialism?
7:11 am
i don't get it. next up the trump administration make a big announcement on drug pricing, allowing purchases from canada i understand. health and human services secretary, alex azar, he is on the show. ♪. peyton, what are we doing here? brad, welcome to peytonville. what's this for? song inspiration. i started in my garage, but nationwide protects so much i had to expand. nationwide helps protect everything you see in here, brad. every family, every business, every dream. see mrs. hoffman? nationwide protects her home and car, but also her dream of retiring to become a yoga instructor. oh, they have backstories. of course they do. here, i got more to show you. keep up, now. a little hustle.
7:12 am
7:13 am
7:14 am
stuart: it is the day after the impeachment. we have up 70 points. we have record highs across the board. take a look at netflix. they will lose or have lost a million subscribers to disney plus. gerri willis at the stock exchange. if they have lost a million subscribers, why is the stock up nearly 3%? >> two words, international growth. a company called pivotal research, saying expectations
7:15 am
you had for fourth quarter expansion of international subscribe earns of 7 million. the company said wrong. it will be 8 million new subscribers. it will surprise on upside. goldman sachs, b-of-a, analysts making positive comment about the stock. subscribers growth estimate too low. b-of-a says the competitive risk to the stock overstated. back to you. stuart: interesting, you lose subscribers your stock goes up. time for health care. the administration make as push to lower drug prices by allowing drugs from canada. health and human services secretary alex asar is with us now. welcome back mr. secretary. >> thank you, stuart. stuart: i understand it, if i goen line, order up cheaper prescription drugs from canada, that sill legal. is the administration going to make it legal? >> we're not going to do that. that type of approach, just going online ordering drugs that
7:16 am
purport to be from canada, i want to be very clear, you are taking your life and safety into your own hands there. what president trump is delivering for you though is a safe system for buying drugs from canada, that are lower cost. what we're doing, what we proposed is a plan that lets states come forward with a plan where they would work with wholesale distributors and pharmacies to safely bring drugs in from canada at a lower cost, that will bring savings to the american consumer and avoid the safety risks of people going online and buying drugs whose only connection to canada, they may be wave at canada as they flu by coming in from china and elsewhere. stuart: that is a good one. waved at canada on the way through. got it. mr. secretary, i know you thought this, there was a group of vape owners and customers at the michigan objecting to regulations of ban in michigan on flavored vape products. can you tell is where the president stands on vaping?
7:17 am
>> what the president and i are doing hearing from all sides. e-cigarette advocates and public health advocates. we had a important meeting in the cabinet room couple weeks ago. what we're trying to do, how do we strike right public health balance, offering e-cigarettes as an exit ramp, off-ramp, for adults using combustible tobacco, insuring they don't provide an on ramp for our youth. we talked about temporary pauses that would allow the fda regular la toker system to come into place, to insure that e-cigarettes are regulated, that they are approved by fda per statute. but the president and i are still working on this. considering all options. stuart: you don't want to throw the baby out with the bathwater. it's a good off-ramp for those who smoke tobacco. it's a good off-ramp to get them off smoking thing. you don't want to end that option, do you? >> we don't want to end the option. what we can't do is have five million kids addicted to
7:18 am
nicotine which is the situation we find ourselves in. those will likely become future combustible tobacco issues but nicotine addiction is very dangerous thing for our youth. we don't want to have that happen either. stuart: that is intensely addictive. mr. secretary, hold on a second. i want to bring this news out here. a federal appeals court ruled obamacare individual mandate unconstitutional. ashley: fifth circuit court of appeals in new orleans on 2-1 vote agreed with texas and 17 other red states, wait a minute, at that the provision that requires all-americans to buy insurance or pay a penalty on their income tax, the supreme court said, no, that is not right. they sent it back to the lower court, because they want to know if the entire law is invalid or some parts can actually survive. again not constitutional to have individual mandate on health insurance. stuart: mr. secretary, if the mandate goes away, got to have individual care, if that goes away, is the is obamacare
7:19 am
essentially gutted and finished? >> well we are delighted that the fifth circuit court agreed with president trump that the individual mandate sun constitutional an inappropriate. they sent it back, as you said to the district courts to consider how much of the statute has to fall with it. of course the position the united states has articulated that the individual mandate is to inextricably bound up in the rest of the statute that all of it must fall with that but until a final court ruling here which would be sometime off because 900 page statute the district court will have to study every page of that under the court of appeals decision. it will take some time. until that happens, we will fifth fully run obamacare. president trump will continue running that program better than the guy whose name is on the statute. we'll keep working to get premiums down, keep working to get choice up but this program is broken. 55-year-old couple in nebraska, making 70 bucks a year, they
7:20 am
will spend $38,000 a year on premium and $11,000 out-of-pocket. that is not affordable care. ashley: wow. stuart: well-said, mr. secretary. it is busy day for everybody. thanks for taking time out to be with us, mr. alex aids sar. >> my pleasure. stuart: sure thing. we'll bring you number two in our list of the states with the best economic outlook. got a couple of clues which state it is, number two. the only state to have its official seal designed by a woman. the b-52s wrote a song bit, and it is nicknamed the gem state. so which state is it? we'll tell you after the break. ♪. ♪
7:21 am
may your holidays glow bright and all your dreams take flight. lease the c 300 sedan for just $399 a month at the mercedes-benz winter event. hurry in today. you don't use this old tno!g, do you? or how 'bout this dinosaur right here? nope! then why are you still using a laser printer? it's got expensive toner cartridges. but this... is the epson ecotank color printer. no more expensive cartridges! big ink tanks. lots of ink. if you don't think this printer's right for you, just pick up your phone... (chuckling) ...and give me a call. the epson ecotank. just fill and chill. available at... ♪
7:22 am
7:23 am
some people say that's ridiculous. i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want.
7:24 am
stuart: look at this. this is the day after the president of the united states was impeached. and with have we got? a stock market rally across the board. dow is up 50, s&p is up three. nasdaq it all-time record high a few minutes ago. still right there, 8843. by the way senator mcconnell on the floor of the senate this morning said toxic rage is propelling the impeachment drive. later senator schumer said this is, it is president trump has done a grave injury to democracy. there you have it. competing sides right there. let's move on. before i break i asked what is the only state -- a seal designed a by a woman, the band the b-52s write a song about it and nicknamed the gem state? that is the state idaho. that is the state number two of series of states with the best
7:25 am
chick outlook. number two, idaho. i know them for their potatoes, but that will not propel them to number two on the list. lauren: potatoes and cattle, a lot more cattle than people. huge agriculture state, 25,000 farms. the reason i fell in love with the state, by the way, i have never been there. no regulations. seriously. their governor has been office not even one year. there were 72,000 regulations on businesses when he started. and now there are 42,000 regulations. he just slashed them. that invites businesses. let me show you industries besides potatoes and beef and agriculture. health care, nuclear research at the national laboratory there, power plants. the fbi opened a data center on cybersecurity. micron technology is headquartered in boise. low property tax rates. 1.5%. stuart: that is the tax rate on property? lauren: very attractive. 2.9%, tied for number six lowest
7:26 am
in the nation. right? stuart: idaho. >> lots of colleges. skiing. stuart: the gem state is number two with the best economic outlook. good stuff. lauren, thank you very much. that is a good series. that works. i learned something. lauren: there are points of commonality in all these states. we'll wrap it up tomorrow. stuart: who number one is, i don't know. >> you don't? stuart: according to a new poll, 41% of millenials have a favorable view of socialism. cabot phillips joins us shortly. why does his generation skew so far left? facebook and instagram banning influencers from promoting guns and vaping. i want to know, can a company really ban people promoting perfectly legal products? we're on it. facebook's up. ♪. there's a lot of talk about value out there.
7:27 am
but at fidelity, value is more than just talk. we offer commission-free online u.s. stock and etf trades. and, when you open a new fidelity brokerage account, your cash is automatically invested at a great rate -- that's 21 times more than schwab's. plus, fidelity's leading price improvement on trades saved investors hundreds of millions of dollars last year. that's why fidelity continues to lead the industry in value while our competition continues to talk. ♪ talk fidelity. (brakes screeching) okay. so, today you're going to leave your phone with a guy named flip. (ding) but it's more than your phone, it's your business, your customer data, your sales figures. and who can forget, those happy hour selfies? not flip. (honking, gasping)
7:28 am
this isn't working. introducing samsung business security solutions, with knox software. with the galaxy note10, you can remotely wipe data or lock phones, so your business is secure even when your phone isn't. samsung business solutions.
7:29 am
7:30 am
♪. stuart: oh, yes. twist and shout. to this day, crescendo there, sends shivers down my spine, like when i was 14, 15 years old. ashley: dancing up a storm. >> that's when you were a social it. [laughter]. deirdre: finally, finally played it. thank you, guys. susan: one of five songs i know. stuart: dow industrials up 67 points higher. records for the nasdaq. records across the board, the
7:31 am
day after the president is impeached. what does that tell you about impeachment and money? new fox poll says 41% of millenials view socialism favorably. only 47% favor capitalism. what's going on? campus reform editor cabot phillips now. look, socialism is gaining ground. it is not just there, it is gaining ground. i don't understand why your generation likes it so much. explain yourself. >> you have to look at motivations for so many young people. they want to be accepted socially. they want to feel like they're a good person helping everyone else. the message on socialism, that is false dichotomy, you support socialism or you don't care about poor people. you support socialism you're not compassionate making our society more equitable. they don't want to support capitalism that means they're dirty, greedy person who doesn't care about the poor. we know what socialism, there is no capcompassion about it.
7:32 am
that worked for young people. interesting millenials in the poll, supporting socialism, based on studies they're the most entrepreneurial generation ever seen in america. they want to start higher businesses at higher rate than generations before them. they will run into the socialism, and government red tape and government overreach, and higher taxes they will sigh what this looks like to start the businesses. i think that could turn some of them off but right now they're going to it in droves. stuart: if you're a, not a socialist before the age of 25, you have no heart. if you're still a socialist at after the age of 25 you have got no head. but i digress. president laid out what the democrats stand for at his rally last night. roll tape. >> democrat are party of high taxes, high crime, open borders, late-term abortion, socialism and blatant corruption. that is what it is. the republican party is the party of the american worker, the american family, and the
7:33 am
american dream. and that is really what it is. stuart: does your generation support all of that lot there, cabot phillips? >> i think they certainly support being able to get a job when they graduate from college. that is a big part of what president trump push has been. he is saying you may not like some of the things i say, when it comes to the economy, it is hard to deny i given you a better chance, a better job market than any president in your lifetime. i do think that is important closing message for the president to take. especially with impeachment stuff swirling, president trump has message he can give to people, for the last four years, the democrat party is trying undo what you the voters did. while i've been focuses fostering a economy seeing record growth, record opportunity. i think that is the message he need to keep going into 2020. not get into other stuff. keep it for message of a lot of young people. do you want a job when you graduate college? the economy i help create will give you better opportunity than anyone on the democrat side. stuart: i want to tell our
7:34 am
viewers, weir waiting for speaker pelosi whether or not she will in fact delay the articles of impeachment going to the senate. we should find that out very shortly. i want to know what does your generation, you youngsters, what do you think about impeachment? >> it has been interesting to see. i talked to hundreds of students with leadership institute of campus reform on this issue. some have strongly held opinions. you talk about impeachment he should be impeached, get him out of office. you ask them why should he be impeached. few know any reasons why. they're falling for media narrative, he needs to be impeached even if there are not clear impeachable reasons. democrats longer they run this out, they become the party of party that cried wolf. they promised russian collusion. promised the stock market crash, president trump would ruin the economy and that is not happen. that is not coming to fruition
7:35 am
it. you have only so much capital we promised you this, we'll tell you what happened, they run the risk overpromising you know delivering, this will be another example when all said and done. stuart: cabot, you gave a good account there. speaking for your generation, pretty articulate, spot on, well-done, young man. >> thanks, stuart. stuart: you're welcome. come back soon. merry christmas. facebook and instagram, banning influencers. from promoting guns and vaping. what is going on? why are they doing that? susan: talking to facebook, look, these are new rules to help better protect our community and influencers, by the way they haven't been limited in terms of what products they been promoting if you develop a large audience we should censor your voice. new rollouts of flue features on the platform, which has a billion monthly users. branded content features. branded colab manager, means
7:36 am
instagram sponsored posts can go out wider. just like advertisement. we had ads from vaping tobacco and guns, already banned on facebook and instagram. starting next year you will not be able to promote vaping, tobacco, guns, alcohol and dietary supplements and limiting restrictions as well. i suspect about age, instagram is asking new members to sign up and tell age. there should be restrictions on age when it comes to alcohol. i know you like money, you like the green, a lot of people get paid a lot of money to promote on instagram. you know kim kardashian in legal papers this year, gets up to $500,000, half a million dollars for each instagram post she promotes. the more followers you have, the more money you make. she is not actually the most followed instagram influencer. cristiano renaldo is individually. stuart: that is legit. biggest sock are star in the world. of course he is.
7:37 am
look at that. that is a great deal of money, is it not? next question, can facebook, sorry instagram, and they legally restrict influencers like this? can they restrict influencers talking about legal products judge? >> yes. because they're knot the government. first amendment only protects us from government restricting to speech, to the facebook, constitution, facebook is private bulletin board, a enormous one, private bulletin board. stuart: it is a monopoly. >> it's a monopoly. susan: i would disagree. there are other social media platforms. why do you think you have snap, twitter, and the like. go to tiktok if you don't like instagram. stuart: judge? >> that doesn't restrain their ability to restrain speech. susan is right, if you don't like the restraint of speech on facebook go somewhere else. they're not as big as facebook.
7:38 am
theoretically the free market will address this. other platforms will not restrict speech. does that make them more attractive or less attractive. there are some restrictions they couldn't do, they can't violate the civil rights act of 1964, restrict speech on basis of age, gender or race. they can restrict speech based on content. stuart: they can restrict speech on free market opinions. >> that is the rub. when will you get 10 million followers on instagram? stuart: a long time, judge. merry christmas to you. >> merry christmas to you, stuart. stuart: a few minutes from now speaker pelosi will hold a news conference. will she send impeachment charges to the senate? she says she might delay. we'll find out shortly from that podium. we have news on usmca. republican senator pat toomey from pennsylvania will vote against it. why? we'll find out why he doesn't like it in a moment.
7:39 am
imagine traveling hassle-free with your golf clubs. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call, we'll pick up and deliver your clubs on-time, guaranteed, for as low as $39.99. shipsticks.com saves you time and money. make it simple. make it ship sticks. shipsticks.com saves you time and money. most people think as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation...
7:40 am
verizon keeps business ready.
7:41 am
7:42 am
stuart: i think we can show you the podium. yes we can. left-hand side of the screen, speaker pelosi will launch a news conference in couple minutes time. what we're interested in, will she continue the delay in sending the articles of impeachment to the united states senate? she says she will delay. will she say it again in a couple of minutes time? it's a very big deal. indiana republican senator mike braun is with us. senator, what's going on here? why on earth would the speaker suggest, even suggest a delay in what she is constitutionally supposed to do? >> the only reason i can come up
7:43 am
with the case is that flimsy, that you're going to use this as kind of a last-ditch attempt to play with the process. it was flimsy from the beginning, stu. that they were wanting to impeach our president without even having a reason. with clinton and nixon, you know there was something that occurred before you started talking about impeachment. so this doesn't surprise me. i think politically it will get distilled in the same way the whole process has. she will quickly maybe, go the other way. who knows at this point. stuart: sir, it is the day after the impeachment vote, morning after i should say. >> yeah. stuart: the dow industrials are up nearly 80 point. we have records across the board. the stock market really likes this. actually it is ignoring impeachment. outside of that, mr. senator, i sense that the level of anger is rising in this country. do you sense it too? >> well, you know, from indiana where the president won by 19
7:44 am
point back in '16, got to remember, he is the embodiment of people upset with what was happening here before we got here. regardless what you think about the president's style. so, yes, this is intensifying the whole anger that built up in his getting a elected in the first place. the democrats had to make calculation a gamble. the mueller report fell flat. now this. and we can see it is helping him in the swing states, not only on impeachment, but he is beating all democrat there, which is their worst nightmare. so, they have dug their own hole here. let's see what they do with it. stuart: mr. senator, looking at front page of the "new york post," not sure you can see it. i'm sure you can see it. it reads, the speaker dressed in black. and the caption reads, it's your funeral, implying that the speaker has opened the door to
7:45 am
reelect president trump. would you agree with that? >> well ironically i think she knew that but fell to the demands of the far left of their party. and, in politics, and i'm somewhat after newcomer here, watched it closely, why i ran in the first place, you create your own pathway. it has got to be just, it is excruciating for her to see it end up in a place like this. the polls, popularity, whatever you do here translate into votes on the day of reckoning. stuart: i was going to ask you, are you still having a good time. i will ignore the question. i do want to talk about your colleague, senator pat toomey. >> yes. stuart: he says he will not vote for usmca. won't for it, because it actually restricts trade, that is what he says. a, do you agree with that, and b, do you think there are enough votes in the senate to pass
7:46 am
usmca when it is up for consideration? >> so pat, first of all is one of the truest conservatives here in the senate and one of the smartest. and, i'm going to say that he and i agree been almost everything. in this case, just like the defense reauthorization bill, i think it is the most important thing we do here, i had to vote against it because it collapsed all the principles adhering to a budget where you will be fiscally responsible. in the case of the usmca, it's great for the farmers, it's great for manufacturers, and yes, it has got some component in it i don't like. i agree with pat on those. in its totality though, it is a signature accomplishment for the president and in my opinion, it net out being very good. pat simply disagrees with it. he believes in free enterprise as much as anybody here.
7:47 am
still means you might have different points of view on particular issues. stuart: by the way, senator, as you were speaking, and speaking about impeachment and the market, the market went up some more. dow industrials up 100 points. see what you did? you're a fine senator. you're a great guy. >> i'm glad i did that. stuart: so are we. mr. senator, always a pleasure to have you on the show. thank you very much indeed. >> thank you. stuart: speaker pelosi, i think she started, i believe she started, she is about to start. there is the podium. she hasn't started yet. it will be a weekly press conference. this is about impeachment and whether or not she will delay, she says she will, will she still say she will delay giving articles of impeachment to the senate. we'll watch what is going on, so you don't have to slog your way through it. early this hour, we told you what the number two state with the top economic outlook is. it is idaho. number two in the nation. next hour we'll talk to idaho's
7:48 am
governor, brad little, about his state. big day in politics and money. we're all over it. stay with us, please. ♪. [ indistinct chatter ]
7:49 am
[ electrical buzzing ]
7:50 am
[ dramatic music playing ] [ squeaking ] [ screaming ] elliott? [ gasps ] elliott. you came back! my son. my, my family. lot's changed since you were here. it's called the internet. whoa! -whoa! holiday movies. ♪ i'm dreaming of a white christmas ♪ ♪
7:51 am
family. home. woo! [ gasps ] woo-hoo! woo! i'll be right here. ♪
7:52 am
stuart: i keep saying this, the morning after the impeachment vote, we have new record highs. the dow industrials up 100 point a couple moments ago. that is brand new all-time high. the nasdaq composite, couple minutes ago, a brand new, all-time high, despite the fact that the president of the united states has just been impeached. house speaker nancy pelosi she is about to start her weekly news conference. edward lawrence joins from us the white house now. edward, it seems to me that the president, really is contemptuous of the impeachment vote. what's the mood at the white house this morning? reporter: when you look at his twitter, he has been on twitter, saying not one single republican vote. the mood here at the white house, i talked to a number of folks that work at the white house, i'm told this is big building, they have a wide range of thoughts, i'm told people working here focused what they are doing today, moving forward what they're doing with the agenda for the president. his schedule today is fairly
7:53 am
light. he doesn't have anything until late this afternoon on the public schedule. i'm told from a white house source he has a number of meetings scheduled today, his chief of staff and will videotape the christmas message to the white house source. it is business as unusual inside of the white house for internal workings. we're seeing what the president is tweeting, retweeting about the impeachment stuff. stuart. stuart: edward, thank you very much. i got to say this, we're waiting for speaker pelosi and her press conference. will she in fact delay sending articles of impeachment to the senate? mitch mcconnell on the floor of the united states senate this morning ripped into the speaker for the impeachment delay. he says the democrats are afraid to transmit these shoddy articles of impeachment. as he was saying that, the stock market continued to climb. that really is the story of the day. politics, intensely negative with this impeachment vote. money, going straight up. you're getting better off all
7:54 am
the time. ashley: if anything, the markets are a proxy how they think this thing will play out. a, there will be no impeachment on senate side. b, helping the president be reelected. that is good for the markets. stuart: i think speakser pelosi made a classic political mistake. pushing into the vote and talking about a delay. >> rbc according to investors, 76% chance president trump gets reelected. up from 66% three months ago. stuart: investors think he will be reelected. market is up. we are picking out individual stocks. financials on the screen are all up. the sole exception is jpmorgan. can you show me big tech? can we get that board up please? so much of the money has been flowing recently. look at it today. actually retreated. we were at 280. now we're at 279. google retreated but only 21 cents. amazon up a couple bucks. facebook to 204.
7:55 am
they will run commercials during the super bowl, featuring, sylvester stallone and what is the other guy, chris rock, on facebook commercials during the super bowl. microsoft up just a fraction there, 154.43. ashley: one of those stocks, amazon a little tidbit came down here which is remarkable. the company's last mile delivery network is on track to deliver 3 1/2 billion customer packages around the world this year. stuart: say that again. ashley: 3 1/2 billion packages delivered around the world in 2019 incredible. stuart: 3 1/2 billion. ashley: think about that, around the world. we were i believe at thatting about their ability to execute. they can do it better than anybody else. if you talking about delivery online -- ashley: forced everyone else to step up their game, spend money they didn't want to spend. stuart: isn't this is a good thing? ashley: we win. stuart: big tech mow know --
7:56 am
monopolize everything. consumer wins. ashley: 3 1/2 billion packages on track for 2019. stuart: that is astonishing, it really is. look at market again. facebook up, microsoft up, dow industrials up nearly 100 points. nasdaq 8800 i think it is. there you have it on the screen. 8855. you're gesticulating at me? deirdre: sixth record in a row if we close here on nasdaq. ashley: as they vote to impeach the house, as we cover your money, we're waiting to hear from speaker pelosi. we'll bring it all to you after this.
7:57 am
7:58 am
stuart: breaking into this because speaker pelosi just appeared at the podium. i believe we will listen in briefly to what she has to say. >> people have a spring in their step because the president was held accountable for his reckless behavior. no one is above the law, and the constitution is the supreme law of the land. no one is above the law, and the president has been held
7:59 am
accountable. it really is interesting to see the response that we are getting, bipartisan, across party lines. i myself want to say i have a spring in my step because of the moral courage of our caucus, to see them all, so many of 100 members go to the floor, that's all we had time for, to go to the floor and speak about our constitution, about the facts of the case so clearly, so patriotically, so prayerfully, so solemnly, but so definitely. we impeached the president immediately, everyone was on to the next thing. the next thing for us will be when we see the process that is set forth in the senate, then we'll know the number of managers that we may have to go forward and who we would choose. that's what i said last night. that's what i'm saying now.
8:00 am
the precedent for this, and i met with my six chairs after some of us were together for a press conference after the votes last night, and we discussed the precedent of it all, and that is in the most recent case, taking up an impeachment, there was a proposal on the floor put together in a bipartisan way, 100 senators voted for the process on how it would go forward on the case of president clinton. we would hope that they could come to some conclusion like that, but in any event, we're ready when we see what they have, we'll know who and how many we will send over. that's all i'm going to say about that now. we've had a very eventful week. i'm so proud of our members and really in some cases, the bipartisanship of some members and some not.
8:01 am
last year's campaign, we said for the people, we would lower the cost of health care, starting with lowering the cost of prescription drugs and preserving the pre-existing conditions benefit, but in the past week, we passed the elijah cummings lower drug costs now act which does just that. as we passed it last week, we discussed the particulars of it, but with the savings that we gain from that, i think it's important to note that we already said we would be spending the hundreds of billions of dollars in savings on expanding benefits for medicare, dental, visual, hearing and the most, the biggest expansion of -- stuart: we have the news that we were waiting for. speaker pelosi is holding the news conference. what we were waiting for was her decision on whether or not she would in fact continue the delay in sending the articles of impeachment to the senate.
8:02 am
she will continue that delay. she will wait until she knows what format the trial will be held in the senate. when we see what we have, that was her expression, then it will go to the senate. so the delay stands. got that? the delay stands. there has been no impact on the market whatsoever. we were up 90, 95 points when speaker pelosi began her presentation. we are still up 90 points. we were still very close to an all-time high for the dow and we are still at an all-time high for the nasdaq composite. now this. go ahead, take a look at the market on this, the day after the impeachment vote. still going up, still setting records, and most of the big name investment firms and the people who appear regularly on this show think the rally keeps running next year. please think about that. a ten-year bull run keeps going into an election year?
8:03 am
what does that tell you? the market thinks trump's going to win. that's what it tells you. the market wants trump to win. the democrats pour scorn on him, the media detests him but investors take one look at his policies and move firmly into his camp. at the democrat debate tonight, yes, it's tonight, the exact opposite. fantasyland economics will be on full display. seven candidates on the stage, all of them want tax increases, massive new restrictions on business, and some degree of the ruinous green new deal policies. anyone who knows anything about prosperity and growth knows very well that tax, spend and regulate does not grow the economy, it kills it. and it certainly stops the market rally dead in its tracks. all those big name investment firms on wall street, they know on which side of their bread it is buttered. they might not like the president's style or tone, but they like his growth policies, and they know that despite the
8:04 am
partisan impeachment vote, mr. trump will not be removed from office. if they thought he would be thrown out, this market would have gone down, straight away. same for business leaders. there's plenty of democrats in the c-suites but they too understand that capitalism creates wealth, not socialism. talk to them. i do. it's universal. the democrats have shifted way too far to the left. let's be clear. at some point, there will be a nasty gut-wrenching selloff. after a runup like this, there always is. there could be an unforeseen disaster, what some call a black swan event, or the federal reserve could make a bad call. one certain way to produce a crash would be a socialist wins next year. fortunately, that does not look likely. the market thinks trump wins. that's why they are predicting more stock market gains in an election year. okay. here's what the president said about it last night. roll that tape.
8:05 am
>> so as of yesterday, we've had 133 record days in the stock market now, and that's in less than three years. what i see, i see tremendous job growth because we're setting records but you know what i also see? the 401(k)s, where people are up 90%, they're up 97%, they're up 82%. stuart: there you have it. that was the president at the michigan rally last night and here's some numbers for you. 76% of investors say president trump will win in november. that's a pretty sizeable proportion and it's up ten points in three months. in those three months, that was the time of the impeachment process. the number of people who expect him to win went up ten points. jason katz is with us, ubs managing director. i'm not asking you about your politics or your political outlook, that's not where you are coming from, but investors seem to believe that he will win
8:06 am
and that they want him to win. do you agree with that? >> well, does the market want him to win. people vote with their money and it's evidenced by the hundred odd points move today, yes, the market wants to see that come to fruition. last night the cable networks were buzzing, my kids came running down dad, dad, what does this mean, trump's been impeached. my trainer this morning, hey, is the market going to gap lower this morning, what does this mean. i said what it means is it wanted to gap up in the morning. stuart: it did. as far as the market is concerned. the impeachment vote last night was utterly meaningless. it seems to me. am i right? >> well, it wasn't meaningless to the extent that it gets one less -- one more uncertainty out of the way and then we are on to the next issue. stuart: okay. i want to start with big tech. i've got some news on tesla. they hit an all-time high this morning, $400 a share. i know that you don't comment on individual stocks, i know, but i'm going to call that a
8:07 am
technology stock, record high. apple has come off its highs of the day but it's still really close to record territory. and we've got microsoft also coming in at record highs at some point this morning. what i'm getting at here is that big tech seems to be on a roll. we've had someone on this show yesterday who said big tech is entering a golden age. now, i know you are a big picture guy, but can you address that sector of the market? >> certainly. i think that we are in the mid-innings of a secular bull market for technology. it's not just about the internet of what's in your hand. the next decade ahead, it's the internet of everything. so look, people have muscle memory when it comes to investing. all the companies you just named have been leading the market. and the path of least resistance in the market is going to be to the upside in the near term and probably in the names that have taken us there. stuart: astonishing. we are in the mid-innings of it. >> certainly if you look at it
8:08 am
from a wider lens. stuart: look at all the money that's gone into big tech. astoni astonishing. >> regulation is definitely going to be a factor with respect to tech, both from the democrats and the republicans, for that matter. but it's undeniable that the world is changing and technology is at the forefront of that change. stuart: so were your children and your trainer surprised that you said the market's going to go up despite impeachment? >> yeah, i mean, look, it's counterintuitive but i explained to them, the market's a forward-looking mechanism and that's yesterday's news. so the market already cast its vote with respect to this issue. the issue we now have to think about is will there be a phase one and done, or are we going to continue to have progress. what will the political landscape look like and are the chances for re-election now bolstered predicated on what's occurred here today. stuart: good question. jason, thanks very much for joining us. >> my pleasure. stuart: while we were talking, the s&p 500 hit another all-time
8:09 am
record high. minutes ago, the dow hit an all-time record high. earlier this morning, the nasdaq hit an all-time record high. these all-time highs on all the major exchanges -- not exchanges, but major averages the day after the impeachment vote. it's extraordinary, isn't it? in just a few hours, democrats will take the debate stage in los angeles. mike bloomberg will not be there. but that didn't stop him from taking a shot at joe biden. lauren, come in and tell us what he said. lauren: let's listen to the thought from mike bloomberg on msnbc. do we have it? >> joe biden doesn't have the experience? >> he's never been a manager of an organization, he's never run a school system. his wife actually is an educator and has good experience there. but no, i don't think any of them -- the presidency shouldn't
8:10 am
be a training job. lauren: donald trump has a lot of that experience. you could view what mayor bloomberg said as a very takcit endorsement of president trump's ability to run the country. mike bloomberg said one other thing. you could make the argument that because of the super-left policies, the anti-capitalist policies from sanders and warren, that's one of the reasons he jumped into the race, but he said if he doesn't go up against donald trump and it's an elizabeth warren, for instance, he would vote for her. he would do anything to get donald trump out of office. even supporting elizabeth warren who very much is against what mike bloomberg ran for. what is she, what kind of capitalist is she? ashley: champagne? champagne communist. stuart: i will go with that. good one. strange election, isn't it? lauren: very. stuart: i think the president was kind of unleashed in
8:11 am
michigan last night at the big rally. thunderous applause from supporters as he slammed the democrats on impeachment. the only real winner from impeachment, in my opinion, is the president. i think it's going to backfire on the democrats. we will get the white house reaction to that in just a moment. if it's thursday, nou weayo we've got dan henninger on the show. he's got a piece out about all the inspector general stuff testifying on the fbi mistakes during the russia investigation. he's asking where is all the outrage from the left? haven't seen much of it. the third hour of "varney & company" just getting started. ♪ (classical music playing throughout)
8:12 am
(shaq) (chime) magenta? i hate cartridges! not magenta! not magenta. i'm not going back to the store. magenta! cartridges are so... (buzzer) (vo) the epson ecotank. no more cartridges. it comes with an incredible amount of ink that can save you a lot of frustration. ♪ the epson ecotank. just fill and chill. available at...
8:13 am
8:14 am
stuart: speaker pelosi has just finished her news conference and president trump tweeted about it. here it is. pelosi feels her phony impeachment hoax is so pathetic she is afraid to present it to the senate which can set a date
8:15 am
and put this whole scam into default if they refuse to show up. the do nothings are so bad for our country. end tweet. special adviser to the president with us now. what do you make of speaker pelosi and this delay? because she did announce the delay in sending it to the senate will continue. what do you make of this? >> good to be with you. you have been talking all morning about these record highs in the market. we are hitting a record low day in congress and for the constitution and what we have seen in the house is nancy pelosi and adam schiff rig an entire process to avoid giving the president any rights, any due process rights, any privilege under his executive branch rights under the constitution. they say he's not above the law but they are treating him below the law and now, because she knows she would have potentially been advancing the two weakest articles they could have conceived of, the weakest in the history of any impeachment process, she's now taking this unprecedented step to gimmick her way into trying to wrestle
8:16 am
terms that benefit her and their side in the senate. the right belong to the accused. they have accused the president of something. they have not given him a fair process and now they are trying to interfere in the senate's right under the constitution to conduct this process further and i think the american people see right through it as they have consistently seen through this entire impeachment sham. stuart: last night, just as the house was voting impeachment, president trump was in michigan and he was taking shots at the democrats, clearly rallying his base. tony, hold on for a second. just watch this, please. >> after three years of sinister witch hunts, hoaxes, scams, tonight the house democrats are trying to nullify the ballots of tens of millions of patriotic americans. crazy nancy pelosi's house democrats have branded themselves with an eternal mark of shame and it really is.
8:17 am
it's a disgrace. democrat lawmakers do not believe you have the right to select your own president. stuart: okay. the president clearly feels that impeachment is going to completely backfire. i know you feel the same way. you articulate that case clearly for us, please. >> the american people have shown consistently since this process has begun that they don't believe impeaching the president is the right move. they also don't believe it matters to them. in a recent poll of democrats, they ranked impeachment 11th out of 12 issues important to them. in that same poll, republicans ranked it 12 of 12. i have been in politics for awhile. i will tell you, people who run, politicians who run on issues that they -- only they care about, not what their constituents care about, lose. that's exactly what i think you are going to start seeing this year and at the same time, you have the president focused on doing his job and the last two weeks alone, record job market as i know you have been mentioning, wage growth is going up for the first time in ten years, two major trade
8:18 am
breakthroughs with our biggest trading partners, mexico, canada, china, we are funding the military, creating a space force. there are all the things the president has committed to do when he was running that he now is doing as president. that gets rewarded in elections, not focusing on a hyper-partisan impeachment that ultimately is going to be pointless because they know he's not going to get removed in the senate. all to undermine an election result from 2016 that they didn't like and trying to interfere in an election result in 2020 they know what's going to happen. they know the president's going to win and they know they can't stand him. stuart: impeachment and socialism versus prosperity and growth. gee, wonder where we're going. tony sayer, thank you very much for joining us. appreciate it. good stuff. as we have been saying all morning, records up and down the line the day after impeachment. record highs across the board here. look at fed ex. we will check up on that because it was down 10% yesterday. they are losing the delivery battle to amazon. back up just, what, 30 cents this morning. not much of a recovery.
8:19 am
amazon which is now tracking their delivery workers' every move, that's a big deal. ashley: every minute. third party drivers, an app scores you on driving every day. you have to sign in when you start up the van. it penalizes them for hard braking, swerving around corners, rapid acceleration, speeding, even phone distractions. they pick up or even touch their phone while the vehicles are in motion, they get more points knocked off of their score. now, the score is up 0 to 850. 800 to 850 is good. 500 to 599, poor. anything under 500 is risky. they look at things like how often did you reverse the truck, more than five yards. it's very very intense. stuart: they keep a very tight rein. ashley: it's all about safety according to amazon. if you do something that's not going to appear on a map so it shows exactly where you did it and the infraction. if you continually score low,
8:20 am
they will start looking at you. they said they haven't used it to fire anyone but they do want to keep track of what you are doing out there. stuart: ouch. ashley: ups has a similar program. stuart: it is intense. that's the right word. bottom right-hand corner of the screen, dow up 100 points. the day after impeachment. it's another big day for streaming names as well. new numbers on how many people canceled their netflix subscription, took their money to disney. we've got the number. yes, this will be the only time i talk of baby yoda for the rest of the show today. disney is finally cracking down on that fake baby yoda merchandise. you knew it was coming. they had to do it. we will tell you what they are doing to get it out of here. we'll be right back. ♪ most people think of verizon as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations.
8:21 am
(woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready.
8:22 am
8:23 am
what are you doing back there, junior? since we're obviously lost, i'm rescheduling my xfinity customer service appointment. ah, relax. i got this. which gps are you using anyway? a little something called instinct. been using it for years. yeah, that's what i'm afraid of. he knows exactly where we're going. my whole body is a compass. oh boy... the my account app makes today's xfinity customer service simple, easy, awesome. not my thing.
8:24 am
and now for their service to the community, we present limu emu & doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ stuart: i've got to show you this. the bottom right-hand corner of your screen, look at this. the dow is now up 132 points. that's an all-time record high. 28,371. this, the day after the impeachment vote. how about that, sports fans. next case. netflix, they are losing subscribers since the launch of disney. ashley: i'm looking at the numbers. i'm not so sure this is true. what's the stock doing?
8:25 am
up 1.5%. here's the story. one million netflix subscribers signed up for disney plus but, according to cowan, only 6% of those actually canceled their netflix subscription. so you're looking at 60,000 subscribers out of the u.s. total of 60 million. that's relatively small, given the hoopla we got from disney plus. also, the analysts looked at this and said that's pretty manageable. usual churn in the market, especially with the debut of disney plus. when you dig down, i don't think it's that disastrous for netflix. stuart: that's why netflix is up 11 bucks. nowhere near as bad as the story appeared. good man. thanks, ash. the new "star wars" movie opens tomorrow but you know it's being kind of trashed by the critics. lauren, i don't think the fans will care. lauren: it's a family franchise. the old people go because they grew up with the series, and you know, the new people go to get drawn in. however, the reviews are really bad. it's the worst "star wars" movie
8:26 am
ever. i could go on. the point is, when you have avid fans, they don't go once, they go two, three, four times to see this. they go to conventions, they buy the gear and if you're not getting good reviews, this might not be a $1 billion movie by the end of the year. stuart: interesting. all right. disney is up a fraction, though. okay. disney is going after the fake baby yoda dolls. that's good news, i guess. ashley: because deletthey creat their own problem. they didn't have baby yoda available for the holidays. they hyped it up in the mandalorian, the series running on disney plus. now you are getting fakes out there. grandmothers in idaho knitting various versions, selling them on etsy, the artsy website. now they are getting notices, the grandmas and everyone else, saying no, no, no, no, disney is very grumpy over this, you can't be doing this and they will take those items off the site. it's disney's own making. i'm sorry. stuart: arty website? i know what you almost said. ashley: no, i didn't go down that road.
8:27 am
i stopped myself. leave it at that. stuart: please. come on, ash. ashley: i didn't say it. lauren: people other than grandmas knit. ashley: that's true. stuart: check the market. got to check the market on a day like this. a record high after record high. the dow is up 125, the s&p is at a new high. 3200. nasdaq, 8,800. how about that. next case. move over, bern bernie sanders. the 2020 democrats ready to take the stage in the debate tonight. president trump takes on a classic democrat issue. student loan forgiveness. he's making it his issue. how about that. we'll be right back. ♪ ♪ snowed cologuard: colon cancer screening for people 50 and older at average risk.
8:28 am
i've heard a lot of excuses to avoid screening for colon cancer. i'm not worried. it doesn't run in my family. i can do it next year. no rush. cologuard is the noninvasive option that finds 92% of colon cancers. you just get the kit in the mail, go to the bathroom, collect your sample, then ship it to the lab. there's no excuse for waiting. get screened. ask your doctor if cologuard is right for you. covered by medicare and most major insurers. ugh, another electronic signature. you have to print, walk, sign, scan, recycle, walk, email yourself... really? more walking, try again, waiting, recycle, walk, email yourself, then get back to your day. or not. this isn't working. introducing samsung paperless workflow solutions. with the galaxy tab s6, you can sign digital documents on-screen, with a finger or your s pen. samsung business solutions.
8:29 am
and let me tell you something, rodeo... i wouldn't be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. it's just a loan designed for older homeowners, and, it's helped over a million americans. a reverse mortgage loan isn't some kind of trick to take your home. it's a loan, like any other. big difference is how you pay it back.
8:30 am
find out how reverse mortgages really work with aag's free, no-obligation reverse mortgage guide. eliminate monthly mortgage payments, pay bills, medical costs, and more. call now and get your free info kit. other mortgages are paid each month, but with a reverse mortgage, you can pay whatever you can, when it works for you, or, you can wait, and pay it off in one lump sum when you leave your home. discover the option that's best for you. call today and find out more in aag's free, no-obligation reverse mortgage loan guide. access tax-free cash and stay in the home you love. you've probably been investing in your home for years... making monthly mortgage payments... doing the right thing... and it's become your family's heart and soul... well, that investment can give you tax-free cash just when you need it. learn how homeowners are strategically using a reverse mortgage loan to cover expenses, pay for healthcare,
8:31 am
preserve your portfolio, and so much more. look, reverse mortgages aren't for everyone but i think i've been 'round long enough to know what's what. i'm proud to be a part of aag, i trust 'em, i think you can too. trust aag for the best reverse mortgage solutions. so you can... retire better. stuart: can you believe this? the very day after, the morning after the president of the united states is impeached, we have record highs across the board on the stock market, the dow, the s&p, the nasdaq, all of them, straight up. will you look at that? and actually, these record highs were hit just moments ago, right after speaker pelosi said this. >> -- impeach the president
8:32 am
immediately, everyone was on to the next thing. the next thing for us will be when we see the process that is set forth in the senate, then we'll know the number of managers that we may have to go forward and who we would choose. that's what i said last night. that's what i'm saying now. stuart: in other words, ladies and gentlemen, there will be a continuing delay before the speaker gives the articles of impeachment to the senate. when we see what we have, they will send it over. how about that. let's switch gears and go to this from the president last night in michigan. roll tape. >> you just saw what happened with the ig when they came out with the fbi. they gave money to foreigners to write a fake dossier. totally disproven. totally fake. the fbi then took that fake dossier and they used it at the fisa court to get approval to spy on my campaign.
8:33 am
and if we were democrats, they would have been in jail two years ago. stuart: we basically just chucked more red meat on to the table here. that would be no liberal outrage at the ig report. you have written about this. this is dan henninger, by the way, ladies and gentlemen. the great dan henninger, here he is. okay. you have written about this. where's the liberal outrage when you've got this fisa court smackdown and the fbi disgrace. go. >> well, the fisa court didn't get overwhelmed by a lot of this other news but the foreign intelligence surveillance court issued an extraordinary court order this week in which they told the fbi that its submissions to them not only on carter page, russian collusion, but all other submissions now have to be called into question because of the way they behaved submitting those four things to the fisa court and they said, they issued a court order saying
8:34 am
that they want the government to submit to the court the reforms they intend to implement to fix the fbi. in other words, this very significant federal court is no more fake than the fbi and it basically is saying the fbi's reputation is in tatters. where is the liberal outrage over the behavior of the fbi in the russian collusion from start to finish? instead, you've got people like chuck schumer and dianne feinstein, senators, you know, senior senators in the democratic party, defending the fbi's behavior. i ask further, if joe biden were to become president of the united states or any of the others, would they appoint an attorney general who would execute the forms that the fisa court is demanding of the fbi? you know what i think the answer is, stuart? probably not. it would be back to business as usual. stuart: so you just introduced a very important issue. which was completely overlooked because of this impeachment
8:35 am
mess. you just slapped that right down on the table. that's a very big deal you are talking about here. >> this whole process has done extraordinary damage to some of america's primary institutions beginning with the fbi. the material in the horowitz ig report and now in this fisa court document is extraordinarily depressing and damaging to one of america's premier institutions. it needs to be repaired. stuart: got it. now, i'm sure you saw this. several "the washington post" reporters and cnn political analysts were out celebrating, they were celebrating right as the house voted to impeach the president last night and they tweeted a picture with the caption "merry impeach-mas. frankly, that outraged me. that's mocking the holidays. what do you make of it? >> well, they have been on the case since day one, right? i mean, they have written tens of thousands of stories trying to get to this point. for them, i think it's the biggest thing since the feds
8:36 am
nailed john dillinger, public enemy number one. they tee up donald trump as public enemy number one. they have been saying this for a long time and now they got their impeachment but make no mistake, that does not mean he's being removed from office. it merely means it goes over into the senate for a trial. you guys have been sitting here talking about the stock market going up in the wake of an impeachment and i think what that means is that the impeachment is not having the effect that the democrats expected. they thought it would damage donald trump's approval rating, thought it would damage his presidency, make it less likely he gets re-elected. i think the market is saying it all suggests it is more likely that he gets re-elected and the economic policies of his administration will continue for another four years. stuart: that is quite a legacy for speaker pelosi. she helped re-elect the man she detests. >> exactly. stuart: thank you. all good stuff indeed. back to the democrat debate which will be tonight.
8:37 am
one of the issues that senator warren and senator sanders, they keep on pushing this, free college. the administration, however, is trying to take that issue away from them with their own college student loan plan. edward lawrence at the white house, do you have any details on this one? reporter: yeah. senior administration official telling me they are looking at maybe modernizing the higher education act, possibly allowing some refinancing of student debt, maybe dealing with it in bankruptcy. at the moment bankruptcy rules make it hard to deal with that debt. the administration is looking at possibly helping students with that crushing debt they get as they leave college. some 44 million americans now have $1.5 trillion in student loan debt. that's second only to mortgages in the united states. now, a statement from deputy press secretary here at the white house says this. quote, the president trump recognizes the serious situation many americans find themselves in with rising student loan debt already taking a significant administrative and regulatory action to undo the damage from
8:38 am
previous administrations. now, the department of education is working on this to come up with options for the president. no decision has been made, but those options, he wants to have in 2020 so he can look at this. back to you. stuart: it's interesting issue stealing, isn't it. that's kind of a pejorative way to put it but that's what's going on. thanks very much, sir. see you soon. now, as the backdrop here is the overall market keep hitting record highs, we've got news on individual companies. for example, uber. they are going to shell out some serious money to settle sexual discrimination charges. the stock is only down a fraction. how much are they shelling out? lauren: $4.4 million. they are setting up a fund to compensate victims of sexual harassment going back to 2014, all part of their work to clean up their act. you know, there was a report released last year -- about last year just released last month, i'm sorry, that they were raped and all these instances of sexual harassment that weren't always reported.
8:39 am
now uber is holding managers accountable setting up this fund for victims as well. stuart: got it. stock's at $30 a share. nike, check them out, please. they report earnings after the bell today. after the market closes. that stock, by the way, is up 35% this calendar year. check it at ten past four eastern this afternoon. micron, a chip maker, hitting its highest level in a year. strong profits, it's up 4% today. that's micron. next, we have been counting down the most dynamic state economies all week. number five was indiana. number four was nevada. number three was north dakota. today, we have number two which is idaho. tech companies are flocking to boise, the capital. it was named the hottest housing market of 2020. i want to know what makes it so great. we have idaho's governor on the show, brad little. i will ask him about it. ♪
8:40 am
♪ ♪ ♪ everything your trip needs for everyone you love. expedia. for everyone you love. ♪ yes i'm stuck in the middle with you, ♪ no one likes to feel stuck, boxed in, or held back. especially by something like your cloud. it's a problem. but the ibm cloud is different. it's open and flexible enough to manage all your apps and data securely, anywhere, across all your clouds. so it can help take on anything from rebooking flights on the fly, to restocking shelves on demand, without getting in your way. ♪ ♪
8:41 am
8:42 am
but how do i know if i'm i'm getting a good deal? i tell truecar my zip and which car i want and truecar shows the range of prices people in my area actually paid for the same car so i know if i'm getting a great price. this is how car buying was always meant to be. this is truecar.
8:43 am
stuart: record highs across the board, left-hand side of the screen. dow, s&p, nasdaq, all three major indicators, all of them hit record highs today,the day after the impeachment vote. right-hand side of your screen, debate is about to begin in the house on usmca. it's expected to pass this afternoon and then at some point, go on to the senate. president trump always talking about draining the swamp. turns out that the richest counties in america, some of them, at least, are right outside washington, d.c. tell me more. ashley: well, loudon county, $104,000 average salary or household income. we have a list of these. 9 of the top 20 are in the suburbs of washington, d.c. here you go. look at these. falls church, fairfax,
8:44 am
arlington, howard, stafford in the virginia/maryland area. you kind of wonder what about silicon valley. well, four of the top 20 are in silicon valley which is no big surprise. i think it is surprising that the washington, d.c. suburbs have a higher average income than the silicon valley. i have to give a shout-out to williamson county in tennessee. came in at number ten. very rich, brentwood and franklin, all those counties. tennessee county in the top 20 around the country. stuart: did you live -- i know you lived in tennessee. news anchor in tennessee. ashley: yes. i couldn't afford to live in williamson county. would have liked to. it's a great place. stuart: you're not part of the elites. ashley: no, no, afraid not. stuart: all right. all week we have been counting down the states with the top economic outlook. number five was indiana. number four was nevada. number three was north dakota. now, here is number two this thursday. idaho. the state's capital boise named realtor.com's hottest housing market of 2020.
8:45 am
governor brad little is with us now. governor, that's quite an achievement but i want to zero in on something that you did as soon as you came into office. you, i believe, are the champion red tape cutter. tell us more, please. >> well, i put in an executive order that was somewhat similar to what the president was doing that for every new rule we would get rid of two. we had an opportunity with the legislature where they left town and didn't enact a bill they usually enacted, so we got an opportunity to look into every single rule we have in the state of idaho and as a result, we got rid of about a third of all the pages and 75% of the rules are either gone or significantly simplified. i was talking to the real estate commission, you know they regulate real estate, they got rid of 85% of their rules in the last two months.
8:46 am
stuart: could you just do a quick flight over and become the governor of new jersey? you would be welcomed with open arms. you really would. okay. let's get serious. what's your property tax rate? i believe very low? >> well, they went up because of values, but according to tax foundation, we are about 35, 36. we are the 15th lowest. stuart: you got a state income tax? >> yes, we do. it's the lowest it's been since 1936. it's 6.92. stuart: i'm serious, governor. there's a home for you in new jersey. i'm really serious about it, sir. i really am. now, what's this about boise, the hottest real estate market, i don't know if it's housing market, in the country? isn't that a bit of a problem for you, though? >> it is a little bit of a problem but it's also a great opportunity. you know, a lot of things we want to do, you know, bring
8:47 am
people out of poverty, start up small businesses, those are all, we are being very successful. we are a bit of a victim of our own success. you were referring to micron. micron's world headquarters and almost all their research jobs are here in boise. we've got a lot of tech companies, little bitty companies that are leaving seattle or the silicon valley because the quality of life here and they can get started. they don't have that regulatory friction that exists in those other areas. stuart: governor, i just want to congratulate you for coming in number two. not quite number one, but number two on the list of best economic outlook states. idaho, number two. the gem state. thank you very much for being on the show today, sir. congratulations to you. >> thank you, stuart. stuart: see you soon. merry christmas, too. couple of individual stocks, got to look at them. look at this. facebook is now at $205. they are going to air a commercial during the super
8:48 am
bowl, first time ever, i think, lauren. lauren: yeah. sylvester stallone and chris rock. it's around a minute long so $11 million facebook paid. necessity have they have to change their imjag, they bring people together, trust us, after the cambridge analytica scandal and data breaches and the like. stuart: well, they are the king of advertising revenue. they spend some of it advertising themselves. ashley: trying to improve their image. stuart: they've got a lot of money to spend. lauren: they spend very little on advertising. this is a big deal. but they are putting it on the big screen for the big game so they will get their message across. stuart: they certainly will. look at the stock go up. $205 a share. lauren: i agree with this. i do. stuart: why not? what's wrong with that? ashley: can't hurt. stuart: can't hurt. they've got tens of billions of dollars in cash, spend $5 million on a 30-second commercial and you will probably get your money back.
8:49 am
i think. what have we got? match group. not sure what the story is there. they are breaking up with barry diller's group. match group, up 7%. on that news. they own what? oh, they own tinder. now i know. ashley: real breakup. stuart: that's a real breakup. match group up 7.5%. senator john kennedy is about to join us and yes, he's going to talk impeachment. this is the senator who always has a terrific one-liner. what does he think about speaker pelosi not sending the articles of impeachment to the senate? i bet he's got a one-liner on that. what does he make of this market rally the day after impeachment? because it is a rally and a half. the great senator john kennedy is next. ♪ you don't use this old thing, do you? no! or how 'bout this dinosaur right here? nope!
8:50 am
then why are you still using a laser printer? it's got expensive toner cartridges. but this... is the epson ecotank color printer. no more expensive cartridges! big ink tanks. lots of ink. if you don't think this printer's right for you, just pick up your phone... (chuckling) ...and give me a call. the epson ecotank. just fill and chill. available at... ♪ apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. ♪ music
8:51 am
[ drathis holiday... ahhhhh!!! -ahhhhh!!! a distant friend returns... elliott. you came back! and while lots of things have changed... wooooah! -woah! it's called the internet. some things haven't. get ready for a reunion 3 million light years in the making. woohoo! -yeah!
8:52 am
8:53 am
it's our most dangerous addiction. and to get the whole world clean? that takes a lot more than an alternative. so we took our worst vice, and turned it into the dna for a better system. materials made from recycled plastic - woven and molded into all the things we consume. we created bionic and put the word out with godaddy. what will you change? make the world you want. stuart: house speaker pelosi is still on for delaying delivering the articles of impeachment to the senate. she threatened to do that last night. she repeated that she would do it this morning. she will delay until there's proof that there is a fair trial in the senate. come on in, louisiana senator
8:54 am
john kennedy. mr. senator, what do you make of what the speaker is demanding, the speaker delay? what do you make of it? >> a person of keen intellect, might have been stuart varney, once said don't look back, someone might be gaining on you. i think -- i think the speaker has looked back. if i had presided over house impeachment proceedings that looked like the "star wars" cantina bar scene, i would be having second thoughts, too. if the speaker wants to fold her cards, i think we should accept that. i think we should be gracious. maybe send her a fruit basket and get back to work. stuart: you are just full of
8:55 am
one-liners and there were several in there which i will isolate and use for the rest of this week, with your permission, mr. senator. seriously now, what are the people of louisiana, your con sticht ye constituents, when they look at that impeachment vote, what do they think? >> here's what my people think. they think nobody -- they think that nobody is above the law but nobody is beneath the law. they think that there was a total absence of due process by speaker pelosi and her colleagues. it was an embarrassment. they think that speaker pelosi's judicial philosophy from day one, not day one of the impeachment proceedings, day one of trump's term, was -- their judicial philosophy was guilty. they think that the house leadership intended all along to give the president a fair and impartial firing squad.
8:56 am
they think that this is a very dangerous precedent that my friends in the house are treating impeachment like a political weapon. they are normalizing it. they think it's bad for america and i do, too, stuart. stuart: mr. senator, i'm sorry we are out of time. i wish we had more. this is very good stuff. please come back and see us again real soon, mr. senator. john kennedy, republican, louisiana. come back any time you like, sir. thank you very much indeed. all right, everyone. big day in politics and money. we will wrap it all up with more "varney" after this. ♪ ♪
8:57 am
may your holidays glow bright and all your dreams take flight. lease the c 300 sedan for just $399 a month at the mercedes-benz winter event. hurry in today. most people think as a reliable phone company. but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. (second man) virtualize their operations. (woman) and build ai customer experiences. (second woman) we also keep them ready for the next big opportunity. like 5g. almost all of the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready.
8:58 am
stuart: just in case you're a gut ton for punishment, you want to stay up late tonight, you're really fluid to politics, i will
8:59 am
tell you that the sixth democrat debate begins at 8:00 eastern time. goes all the way through to 10:30. on the stage tonight, there will be seven democrat can indicates. ashley: a few left-leaning. some are even extreme. they're in california. they're preaching to the choir out there. bottom line with the impeachment, i don't think the market believes any one of these seven could indeed end up oval office. stuart: that's right. if investors thought any one of the seven would be president of the united states, this market would be straight downs. that's a fact. >> do they start attacking president trump or start attacking each other so we final get a sense of nominee. stuart: that would be fascinating. i might watch it no. >> watch reruns bright and early in the morning. stuart: the day after, the morning after the great
9:00 am
impeachment vote. yes our president was impeached. what happened on wall street? the market went straight up. record highs for the dow, the s&p, the nasdaq. how about that? time's up for me but neil, it's yours. neil: the president was impeached? stuart: how about that? neil: glad you told me that because you wouldn't know it looking at markets. records across the board. there might be uncertainty what happens next. no uncertainty happening at corner of wall and broad. nancy pelosi and senate majority leader mitch mcconnell are arguing over something they call process. take a look. >> to impeach the president immediately everybody going to the next thing, the next thing for us will be when we see the process that is set forth in the senate. then we'll know the number of managers that we may have to go forward, and who, who we would choose. that what i said last night. that is what i'm saying now. >> when

125 Views

info Stream Only

Uploaded by TV Archive on