tv FBN AM FOX Business December 24, 2019 5:00am-6:00am EST
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book "witch hunt" is out. put it with a bow under the christmas tree. hope you have a lauren: it is 5:00 a.m. here are your top stories at this hour. the boeing ceo is out but is that the leadership change that investors need to hear for the embattled company? tracee: another big story, impeachment, could a third article of impeachment be added? lauren: and unbelievable story as we watch politics. also, merry christmas eve to you. we have a wonderful story about a church he donating big money to help those with medical conditions. it is 5:00 on christmas eve, december 24th. it is a tuesday. and "fbn: a.m." starts right now. ♪
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♪ rocking around the christmas tree. ♪ at the christmas party hop. ♪ mistletoe hung where you can see. ♪ every couple tries to stop. ♪ rocking around the christmas tree. ♪ let the christmas spirit ring. lauren: a beautiful shot of fox plaza in new york city. merry christmas eve. thank you for joining us. i'm lauren simonetti. tracee: good morning. merry christmas eve to you. happy hand caw to our friends out there -- hanukkah to our friends out there. i'm tracee carrasco. lauren: i was asking tracee, where's the red. tracee: i thought it might be too much. lauren: let's show you how u.s. markets are looking. it's a shortened session today. markets closed tomorrow for the christmas holiday. the dow is up 20 points, the official santa claus rally kicks off today.
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the s&p, you up up 2 points. as for the nasdaq, eight recovererecordcloses in a he roe we haven't seen since 1998. nasdaq you up 4 and-a-half today. tracee: let's look at asia, how your money is moveing there. you can see the nikkei and shanghai pointing higher, the hang seng and kospi pointing lower. lauren: it's christmas oversea as well. the dax in germany is closed today. other than that, european markets mixed at this hour. actually, the cac in paris fractionally higher and the ftse in london up two-thirds of 1%. well, boeing was a big story yesterday. tracee: yes, it was. lauren: really supported the dow with gains after dennis mull muilenburg, ceo, is out. tracee: 65 points. lauren: 65 points the dow jones industrial average. with all the changes the company is making and reaction, let's go
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to grady trimble. >> reporter: boeing's stock performed quite well under the you now former ceo dennis mullen bettemuilenburg but it's handlif the 737 max crisis that ended up doing him in. the top of the to do list for the new ceo will be getting the grounded 737 max planes back into the air. they announced they were halting production of the plane while they work to get it recertified critics say the company was too cozy with regulators when getting the plane to market and after the two crashes the critics say the company wasn't transparent enough about the role it might have played in the crashes. the company says the new ceo will bring a renewed commitment to transparency and better communication in the hopes of he restoring confidence. boeing's stock enjoyed a bump yesterday but it shaved 641
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points off dow back in march. calhoon has been on the board of directors since 2009. he spent 26 years with general electric, working with aircraft engines and transportation so he's no traininger to this industry. lauren and tracee. tracee: shares of boeing up 3% yesterday, up now the premarket this morning forget christmas, the left is acting like it's impeachment season. house democrat hinting they will try to impeach the president again. mark meredith is in the nation's capital with the new court filing on possible new art tells of impeachment. >> reporter: the idea of another impeachment is sure of to raise a lot of eyebrows. on monday lawyers for the house judiciary committee filed a brief in federal court arguing
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they need to hear testimony from don mcgahn. the white house long refused to let him testify and lawyers for the house argue that if mcgahn's testimony produces new evidence supporting the conclusion that president trump committed impeachable offense that's are not covered by the articles approved by the house the committee will proceed accordingly including if necessary considering whether or not to recommend new articles of impeachment.. a court date is set for early january. the fight over what comes next for the senate and impeachment continues this morning. democrats say they will also continue to put the pressure on majority leader mitch mcconnell to allow witnesses to testify in a senate impeachment trial. >> it's called a speedy and fair trial. that's just what we want. it's hard to imagine a trial not having documents and witnesses. if it doesn't have documents and witnesses, it's going to seem to most of the american people that
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it is a sham trial, a show trial, not to get at the facts. >> reporter: majority leader mitch mcconnell argued it was up to the house, not the senate, to investigate and for him this is a political process. he's blasting nancy pelosi over her decision to delay sending the impeachment articles of to the senate. mcconnell said on monday on fox news, he has not ruled out allowing additional witnesses to be called. however, a final decision has yet to be reached. back to you guys in new york. lauren: the optics on all of this is that democrats don't look like they're taking it seriously after all of that. mark, thank you very much. 2020 presidential hopefuls are taking on big tech. hillary vaughn has details for us. hillary, good morning. >> reporter: good morning, lauren and tracee. some democrats running for president have trash talked big tech. that is not costing them campaign cash because workers at some of the largest tech firms in silicon valley are donating millions to candidates that are calling out their own tech
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bosses on the campaign trail. >> mark zuckerberg gets to have a private dinner with the president. small business owners don't get that kind of access. >> that company, amazon, did not pay one nickel in federal income tax. that is called a corrupt political system. >> reporter: employees and packs associated with facebook, google, amazon and apple have given over $5.3 million to candidates this campaign season and they overwhelmingly went to democrats. alphabet gave 2.6 million in campaign cash, 83% went to democratic candidates. apple's workers responsible for nearly $600,000 in donations, handed over a whopping 95% of that to democrats. facebook shelling out 69% of their total donationses to democratic candidates and amazon spent 75% of their dollars on democratic candidates, over $1.3 million this cycle. while candidates like senator
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elizabeth warren and bernie sanders have been known to demonize big tech on the campaign trail, they're still raking in the most cash from california where a lot of people outside of silicon valley work in the tech sector. elizabeth warren with the most and sanders in second. lauren and tracee. tracee: thanks, hillary. well, the security and exchange commission is looking under the hood of bmw. the wall street journal says the sec is investigating whether the company manipulated sales figures in the u.s. sources say regulators want to know if bmw did something known as sales punching, where they increase sales by having dealers registering cars as sold when no sales have occurred. bmw said they are cooperating with the investigation. lauren: in september fiat chrysler paid $40 million to the sec for a similar investigation. sears is selling its die hard line of batteries to advanced
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auto parts, the deal worth about $200 million. it a allows sears to keep selling the line of products in their stores. it can't, however, make any more auto related die hard products. this is the latest attempt from sears to sell off assets. in 2017 they sold the right to craftsman tools to stanley black and decker. tracee: the 13-year-old charged in the deadly tappin stabbing oa majors appears in court. attorneys claim the teen was questioned by police without a parent or a lawyer present and the officer who interviewed him isn't a credible witness because he's accused of falsifying evidence in the past. meantime, police are searching for a 14-year-old who is considered a person of interest. lauren: a win for ride sharing companieses in new york, a state judge ruled in favor of uber and
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lyft. there was a law passed limiting how much time the drivers spend cruising streets without passengers in them. the judge called it arbitrary and capricious. tracee: draft kings is going public, sort of. they're merging with diamond eagle, a publicly traded company, for more than $3 billion. diamond eagle is expected to change their name to draft kings and get a new nasdaq symbol once the deal is closed. this comes more than two years after draft kings scrapped plans to move with san dual. lauren: you may want to think twice before gifting one of those home dna kits. the pentagon is warning that the kits pose security risks. the defense department is telling service members that they could expose personal and genetic information. the pentagon is concerned the unregulated information could be used in mass surveillance and to
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track individuals or reveal health problems. they raise concerns of genetic information being collected for questionable purposes. 1500 people reported dead after iran cracks down on protests around the nation. reuters is reporting that 17 of them are teenagers. 400 women. this is the deadliest crackdown on protests of the islamic republic since the revolution in 1979. iranian state media have denied the reported death toll here. take a look at this. nike's new sneaker honoring colin kaepernick sells out within minutes of release. the black air force one 07 model features the former nfl quarterback's silhouette, there's his picture at the heel and his number as well. you might remember, it was kaepernick's criticism which caused nike to pull a sneak her featuring a betsy ross american flag, but i guess nike thinks his image is a-okay.
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he's been the face of nike's just do it campaign and recently held a workout for the nfl teams, none of which signed him to a contract. and there's now a way to jump start your new year's resolution on the cheap. clap pass is offering a free one month trial. new users can take up to nine classes during the promotion and after that plans can run between 19 and $79 a month. a lot of people, their new year's resolution is to get in shape. tracee: that's a great deal. class pass is a great way to try different workouts. let's take a look at how your money is moving this morning. dow futures are up by 18, s&p 500 up by 1 and three quarters, nasdaq up by 4. and let's talk about boeing and ceo dennis muilenburg is out. what does this mean for boeing's
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future in 2020? will it be a better year than this past year? you're watching "fbn: a.m." ♪ sleigh bells ring. ♪ are you listening. ♪ in the lane. ♪ snow is glistening. ♪ a beautiful sight. ♪ we're happy tonight. ♪ walking in a winter wonderland. ♪ big ink tanks. lots of ink. print about... this many pages. the epson ecotank. just fill and chill. i am totally blind. and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. ♪ ♪ everything your trip needs, for everyone you love.
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♪ liberty. liberty. liberty. liberty. ♪ you are my diamond. for the diamond in your life, get up to 40% off storewide or get these one of a kind deals at the "you are my diamond" event. exclusively at zales, the diamond store. i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. we are solving problems that improve lives. thlook at all this ink no more bit comes with.es.. big ink tanks. lots of ink. no more cartridges. incredible amount of ink. the epson ecotank. just fill and chill. lauren: our big stor store tod, boeing. the stock soaring 3% yesterday after announcing david calhoon
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will replace dennis mullenberg . it's unbelievable, on the eve of a holiday, boeing announces leadership change and the stock market and a investors were excited about it. but for a lot of people, myself included, maybe you too, i don't think bringing in this guy, david calhoon who is a veteran of the company, been on the board for a decade really changes any of the culture at gloang they had to make a choice between bringing in somebody who would clearly be a fresh outside voice and somebody who on one hand has the institutional knowledge, wouldn't have a big learning curve, that is calhoon, but somebody who on the other hand can't claim to be the new blood coming into the company.
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had this is somebody who up until recently was loudly defending denni dennis muilenbu, said he had confidence in him. a trade-off there. couldn't you new at this, -- continuity, yes. but in terms of convincing people it's a new day, we'll see. >> what was the nail in the coffin for mulcoffin for muleen. >> there were problems beyond the commercial aircraft division. but in the end, i think the plan up until a week ago was to try to get him through the recertification of the aircraft and then he would say, hey, my job is done, let's pass the torch. once that was not imminent and you didn't know when the end was in sight, he was more of a distraction, more of part of the problem than the solution. lauren: does the same go for calhoon? he's 62 years old, i believe.
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do you think he tries to get the 737 max flying again and then they look for a replacement for him? >> good question, whether he's sort of more of what you would call a caretaker ceo, that could indeed be the case. boeing has a mandatory retirement age of 65. so unless they change that, yeah, by definition, he's not going to be there for a decade or anything like that. so, yeah, he could also be a transitional figure here, at least hopefully get the focus back on what really matters, keeping people safe and not on just misstep after misstep for the company here since the crash. lauren: you're an aviation journalist, you know the ins and outs of all of this. for the average flier, for the traveling public, at what point if ever are they comfortable with boeing, with that plane specifically and with just overall trust of the company. they're also dealing with the star liner, the rocket that went into the wrong orbit. these are a series of missteps
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by the company. >> yeah, lauren, when you're a company like boeing, it's a problem whenever the public is thinking about you. boeing is not really a consumer brand. boeing's costers percent are airlines -- customers are airlines, not the public. if the public is thinking about what kind of airplane it's getting on, that's a problem for boeing. the history is people eventually move on from crisis. unchartered territory, we've never had a crisis crag on like this one -- drag on like this one, soon it will be a year since the second crash, since the grounding, with no end in sight. lauren: the second contractor, mash eighth of this year, the stock was at $422 that day, now it's hovering around 337. so obviously this is a loss of market cap, a loss of shareholder money and a loss of reputation. and how boeing recovers is anybody's guess. but you nailed it. you said it's not just passengers that need to trust
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the company, it's also regulators and suppliers. because boeing is a major company. this has had ripple effects throughout the entire u.s. economy, if you could speak to that. >> supply chain, boeing is the top -- you could picture a food chain with hundreds of companies that when boeing suspends production -- boeing could say we're not going to lay off anybody for now but all kinds of other companies that aren't in the same position of a boeing that when they stop producing parts of those planes, they have no choice because they don't have the same staying power. boeing is the biggest exporter for this country in terms of what this country sends abroad these days, it's boeing airplanes more than anything else so billions of dollars of impact throughout the economy. lauren: thanks for the time this morning. happy holidays to you. >> to you too. thanks. tracee: boeing a stock we'll be watching today. right now, let's take a look at how your money is moving on this
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christmas eve morning. futures are pointing higher, dow futures up by 17, s&p 500 up by 1 and three quarters, nasdaq futures up by 4. it's a shortened trading day today. we could be kicking off a stan take clause rally today which would last the last five days of december and first two of january. twitter taking steps to protect users from trolls but this time we're talking about users with a medical condition. keep it here on "fbn: a.m.." ♪ last christmas i gave you my heart. ♪ the very next day you gave it away. ♪ this year, to save me from tears. ♪ i'll give it to someone special. ♪
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are coming to california streets, just shrie just like td them. joining us now, brett larson. >> the streets of california, if they aren't crowded enough with cars in general and cyclists in those lame scooters that everybody likes -- lauren: tell us how you really feel. >> the state has approved light duty delivery vehicles. so not necessarily like the waymo driverless cars we've seen in tests, these will be things like delivery vans under 10,000 pounds. this will be kind of interesting. this is right in amazon's backyard where they can -- literally california is in their backyard because amazon is in sat l he'll. this will allow them to use sought mated delivery trucks. you've seen this in science fiction. in black mirror, you may remember the pizza delivery cars where you go in front of your
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building and punch in and get your pizza out. these are the things we'll start seeing on the streets of california. a couple years ago they had issues with uber as google's driverless cars. they didn't have the proper licenses for they'll and they were driving them around without them and that was of course causing problems. interesting in this case, with the light duty vehicles, they're not necessarily going to require a driver be on-board. these are fully autonomous cars. a lot of instances, like the driverless cars in arizona, you need an operator on-board. lauren: it's scary, especially if you're a real driver in a car near a driverless car. >> or if you're a pedestrian. lauren: and then there's -- tracee: jump out of the way. >> who am i making eye contact with. lauren: i don't know who is worse, the pedestrian not looking at the car, looking at their phone, or if the two meet each other, we'll have a
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problem. >> we'll probably need to have transponders on our devices so a beacon is sent out, saying i'm here. lauren: twitter is preventing some image files. >> this is a horrible story. last week we heard the epilepsy foundation's twitter account was flooded with animated png files in an effort to trigger photo sensitive epileptic seizures. terrible. lauren: that's awful. >> there was a hacker group that did this, sending out thousands of tweets in an effort to do this. it's happened in the past where someone sent an animated tweet to someone who did suffer from photo sensitive epilepsy and they did have a seizure. now twilter is saying animated png files don't follow the rules of auto play. if you suffer from photo sensitive epilepsy, you can set it so it doesn't play. the png files don't pay attention to that.
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twitter support noted the animated images that were sent to people and so they're going to make it a better experience for everybody, they're going to have to block these things. you know, people are terrible and they do terrible things and they find loopholes in technology to carry out their ridiculous attacks. so i'm happy to see twitter not only stepping up to this but doing it very quickly. we reported on the animated png files a few days ago. so they got on this very quickly. lauren: all right. tracee: hard to track where these are coming from. >> exactly. that's the problem with social media. you can say you're in the united states or eve wherever you wanto say you're from,s that's not necessarily the case. tracee: you can catch brett on fox news headlines 24/7, sirius xm channel 115. lauren: yesterday, volume was very low, 23% below the one month average. so what you're seeing is a melt-up on the shortened trading
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day. any higher close will be a record close for the dow. dow up 17, s&p up about 2 points this morning, nasdaq up 3 and-a-half. haven't seen a winning streak like this since 1998 for the nasdaq. did former president barack obama just make a major endorsement for 2020? we'll have that answer when "fbn: a.m." returns.
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meantime, joe biden says he wants to focus on voters' rights if he is elected. joining me now to discuss this is president of freedom works and republican strategist adam branden and the executive director of the pluralism project, hasma kahn. i want to start with you, hasma. democratic donors on wall street said they might sit this out, they might back president trump if elizabeth warren is the democratic nominee because of her stance on big banks and corporations and the wealth tax. we're not seeing this of course as an official endorsement from president obama but does he see warren as having a chance at being the nominee since he is making this push or is it more just about getting a democrat elected? >> be still my fluterring heart. to be honest with you, i think the president is making sure that we have a democratic nominee who is fully backed by democratic donors and by the
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elites of our party and a i think that's exactly what he should be doing. i think that whoever the nominee will be, elizabeth warren will be backing that person and so will be the majority of our democratic supporters for all these past campaigns. traceecam.tracee: adam, your r. >> i saw elizabeth warren is launching a campaign saying her campaign will be 100% backed by small dollar grass roots. this is slightly hypocrite call if she's calling in her friends to get the big donors out to support her campaign. tracee: tell me about -- let's talk about biden, he's vowing to make voter protection a foundation of his administration. he touted his early years in the senate working on extending and strengthening the voting rights. is he trying to say that our voter protection laws are not strong enough here? >> they aren't strong enough to be honest with you. i think that's exactly what he's saying. he's also looking ahead to south carolina where -- it's a very important state when it comes to african american and minority
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voters who have been excluded from the political process in our country. i think he's doing exactly what needs to be done to win an important political base for the upcoming ply marry and to protect -- primary and to protect america's freedom. tracee: what do you sunshine. >>sunshinethe majority of votese cast before the election and we're getting further away from clear set rules. that means more elections will be settled by lawyers. the one thing i agree with biden on, we should have paper ballot backups. i'm concerned about some of these systems and vulnerabilities. i would rather see us move towards a system where we vote on election day and you have to show some form of id when you show up to vote. tracee: let's talk about mike bloomberg, how he's throwing wilmillions of dollars into a secretive tech firm he founded months ago. he's calling the business hawk fish.
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he founded it during the spring. it will be the primary digital agency and technology services provider for the campaign. adam, is this a secret weapon or is this just bloomberg using his money as an advantage as many have said he has been doing as he's running for the white house. >> i believe michael bloomberg spent over $100 million when he ran for mayor of new york. he clearly has the resources to do what he wants electorally. politics is all about getting to know your voters and the best way to do that is through the digital space. campaigns we think of as yard signs, it is absolutely a technological war these days and so bloomberg's looking for any advantage he can find. tracee: final word on that. >> i can't disagree with anything i heard. i think bloomberg is trying to build as strong a president as he can online to make up the fact that he doesn't have as large of a base when it comes to voters because people outside of new york don't really know him at all. tracee: thank you for joining
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me this morning. merry christmas, happy holidays. >> merry christmas, happy holidays. lauren: one church in southern california shows it's better to give than to receive this christmas season. the christian assembly church collected more than $5 million and they used it to pay off medical debt, more than 5500 struggling families in the loss an hlosangeles area will benefim the gift. worshipers raised $50,000 over the past year, unaware of what it cass going towards -- was going towards. the church's pastor said the purchased the debt for only a penny on the dollar. tracee: i've been to this church and they've always been big in the community, doing things for others, as we see from that story. lauren: what a story. merry christmas eve, everybody. let's show you your holiday markets. we have a santa claus rally on our hands. we should see new highs today, stocks pushing into further record territory. that's a big change from last year when the market just about
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slipped into bear market territory. what a difference a year makes. we'll discuss on the other side. ♪ california dreaming. ♪ on such a winter's day. ♪ stopped into a church. ♪ i passed along the way. ♪ scientist at 3m. i wanted them to know that innovation is not just about that one 'a-ha' moment. science is a process. it takes time, dedication. it's a journey. we're constantly asking ourselves, 'how can we do things better and better?' what we make has to work. we strive to protect you. at 3m, we're in pursuit of solutions that make people's lives better.
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one year ago. rewind, when the s&p 500 nearly fell into bear market territory at this point in 2018, jim russo is the chief investment strategist at at altrius capitl management. what's the difference between now and december 2018? >> the fed. it's clearly the fed. last year we had the fed raising interest rates and tone deaf, powell coming out saying we're on auto pilot. quickly reversed himself in january and started communicating much better, saying that they'll be data dependent and started decreasing rates throughout the year, fixing the mistake they made. lauren: so many investors are looking for an entry point. when can you get into this market that's sitting at record highs? what's your answer to them. >> there's a lot of stocks undervalued right now. the broader market, we're a little pricey. a few stocks, the fang stocks, take out facebook and amazon,
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netflix and google and the market's not over-valued. and so that's the really -- that's the change we have. so much is proliferation going on, passive investing, index investing, big getting bigger and big money pushing in. if you take out those few stocks, the market is not over-valued. lauren: would you buy fang in 2020. google has 39 straight quarters where revenue growth topped 20%. can they keep doing this with this regulatory oversight. >> i don't think so. i think have you to avoid those stocks. growth has outperformed for a decade. you have to be smart about it and look at the over-val united nations that's going on. i -- over-valuation that's going on. i haven't seen this since the tech bubble of 2000. lauren: with the nasdaq up eight trading days in a road, record highs, the longest streak since 1998. what's the difference between now and when the bubble burst.
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>> it's a little higher compared to back then. you can find terrific values out there if you're willing to buy the names people don't want to buy right now. if you stay away from the ones that continue to go higher which everybody wants to jump on, wall street generally follows momentum. i think it's going to be safer for your portfolio when the next correction comes which we could see in the next year. lauren: vanguard says there's a 50% chance of a correction in 2020. i mean, okay, 50%, it's like that's not really saying much with those odds. it's just that things feel very tope. yo-- toppy.you have the electiog in 2020. i'm going to put the olympics in there. the olympics is an opportunity for ad dollars, media, et cetera. >> the trade war too.
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you throw these things in there. we've had a lot of corrections this year. we had three significant pullbacks. that's why you want to stay invested. although it's difficult to deal when you go through the corrections. this year i think going forward we certainly could have the market correct but you've got to hang in there and collect your dividends while you wait. lauren: jim russo, thank you very much. we do appreciate it. tracee, over to you. merry christmas. tracee: let's take a look t how your money is moving this christmas eve morning. taking a look at futures, you can see them moving slightly higher, dow futures up by 17, s&p futures up by 2, nasdaq futures up by 5 and a quarter. this as the s&p 50 500 ended the day for a third straight day in record territory, nasdaq had the eighth consecutive higher close. experts say it could be a record year for new home sales. what can we expect? we'll talk with an expert.
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tracee: 2019 was a good year for the housing market. will that trend carry into 2020. joining me now is carol stobb, an associate broker at douglas elman real estate. i want to ask you, how would you describe 2019? there was a lot of focus on the salt tax. interest rates were favorable. what stuck out to you as kind of driving the market that we saw in 2019? >> in 2019 we had a number of markets, we can't really put the markets all together. there were markets that belonged
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to the non-high tax states and there were markets that belonged to the other states, the markets in the high tax states saw a decline in the number of sales due to the implementation of the salt tax. the other states saw very good number of sales and, however, the sales could have been higher. however, there is a housing shortage going on, especially in the mid -- the starter to mid-range market. tracee: that's a big market for millennials looking to get starter homes. what do you see for 2020? >> wow. 2020 is going to be the year of the millennial market. they're going to really be driving the market and a lot of them are leaving urban centers and they're going to hip-sturbia. what they're trying to do is -- the rental prices in the large your n baurban centers have incd
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can you help me find a way to carry on again. tracee: the internet is swinging in two different directions over this viral video. mike gunzelman joins us now with more on that. i was confused when i saw this. i'm going to have to say. i'm not sure which way. >> it's one of those things, we've seen it from time to time, especially on the internet. a couple years ago, the big thing was what colors is the dress, is it white or gold. there's a new video out there. the question is, what way is this person swinging. now, i think he's swinging towards us. right? you would think that he's swinging towards us. but if you go on twitter, there's all these different explanations saying he's actually swinging towards the building. i think there's no way. there's no way that he could be doing that. but they have all these different graphics saying that it's the position of the camera that he's actually swinging
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towards the building. what do you think. tracee: what about this? could there possibly be two people on that swing. >> back to back type thing. tracee: ones maybe a little smaller. what we're thinking are arms could be another set of legs. >> could be. does look like something is hiding in the back. tracee: it looks like there's something in the back. that's what i thought. >> that could be it. twitter is debating this. you can chime in, let us know what you think. this is the latest online argument because that's what we do with our time these days. tracee: this will be the holiday discussion around the dinner table today. we've got to get to this. which city was voted the rudest? >> here we go. congratulations to all of my fellow new yorkers out there. we did it. new york city! tracee: this is not a surprise. >> voted the rudest city in all of the united states according to business insider. 34% of h respondents think we're
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mean and rude. get out of the way on the sidewalk, move over, learn the rules of new york the you want to survive. tracee: maybe we're not rude. we're just in a hurry. we give off the air of being mood. >> frank sinatra said if you can make it here, you can make it anywhere. that is true. tracee: what was number two? >> loss an los angeles, we beay double. next was washington, d.c., then chicago and boss. traceeboston.tracee: chicago, s surprising. they're a midwest city. you would think they're a little nicer. >> maybe the cubs games. tracee: maybe because it's cold. thank you for joining us. we will send it over to lauren simonetti in for maria bartiromo this morning. good morning, lauren. lauren: tracee, good morning, everybody. i'm lauren simonetti, in for maria bartiromo this christmas eve. tuesday, december 24th. here are your top stories at
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6:00 a.m. eastern time. santa claus is coming to wall street. take a look at futures, showing the santa claus rally in full effect, pushing toward yet another round of record highs. we have ideas on what to do with your money heading into the new year, perfect vision 2020. it's upon us. five trading days left. 737 max crisis takes down boeing's ceo. what it means for the plane maker and the industry as boeing tries to rebuild the reputation. speed versus safety, the cost of amazon's push for one day shipping sparking controversy this morning. tesla shares charging ahead, elon musk taking a victory lap as his prediction comes true. "mornings with maria" begins right now. ♪ merry christmas eve,
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everybody. lauren: joining the conversation, wall street journal wealth management reporter and host of the secrets of wealthy women, podcast, veronica dagger. pwc partner, mitch roschelle. around forbes media chairman, stevensteve forbes. welcome, everybody. >> merry christmas, good to he see you. lauren: stocks hoping for another big day on wall street. we have all three major averages finishing in record territory yesterday on trade optimism. president trump saying washington and beijing will sign a trade deal, quote, very shortly. steve, is this all trade, what's your reaction to the rally we've seen. the nasdaq is rallying like it's 1998, eight days of record closes in a row. >> what a contrast to a year ago where there was he pessimism, the market crashed in december. the big overhang has always been trade. if they get a trade deal signed, i hope it's
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