tv FBN AM FOX Business January 2, 2020 5:00am-6:00am EST
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"strange inheritance." and remember -- you can't take it with you. ♪ cheryl: it is 5:00 a.m. here are your top stories this hour. the aftermath had on the you attack on the embassy in iraq of. what the trump administration is doing to make sure it doesn't happen again. lauren: president trump et setting a date for the signing of the phase one of the china trade deal. when it is and what it means. cheryl: the gift giving season is over but gift returning season starts today. it is national return day. you won't believe how many gifts are being sent back. it is thursday, it is january 2nd, and "fbn: a.m." starts right now. ♪
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♪ lauren: welcome to "fbn: a.m.." our first show of 2020. good morning to you at home. i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. lauren: let's the take a look at how your money is moving this morning. kicking off the new year in grand fashion, dow up 163, nasdaq up 63 this morning. cheryl: stocks in a asia finishing the first trade day of 2020, a mixed picture. the shanghai and hang seng is up slightly. the coughlauren: the optimism g through to europe. european stocks, green arrows. the best performer, the cac is up one and a third percent. cheryl: we begin with a fox business alert. more american soldiers are being deployed to the middle east as
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the iranian backed siege of the u.s. embassy in baghdad has ended. lauren: democrats are slamming president trump's foreign policy over the attack. we have doug luzader in washington with more. doug, good morning. >> reporter: the worst of the violence at the u.s. embassy in baghdad may be over for now, but the operations, public operations the facility have been largely suspended and u.s. citizens have been told not to approach the building. that follows repeated attacks from iran backed militia groups there. they set fires and threw projectiles at u.s. forces guarding the facility and president trump responded by he deploying more troops to middle east. he tweeted this, best equipment and finest military in the world, on-site quickly. >> donald trump has proven over and over again that he is the weak ofest foreign policy president of our lifetime or my lifetime, anyway, and we're seeing this play out in iran.
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>> reporter: while the violence has largely subsided at least for now, the situation there is serious enough for secretary of state mike pompeo to delay a scheduled trip to central asia and europe. cheryl and lauren. cheryl: doug, thank you very much. lauren: we have a date for the signing of the first phase of the u.s.-china trade deal. president trump says the ceremony will take place at the white house january 15th and he will travel to beijing at a later date for phase two of negotiations. the trump administration agreed to lower tariffs on china in exchange for increased purchases of u.s. farm products and protection for intellectual property. easing tensions in what's been a pretty long trade war. this news lifting most stocks. the shanghai composite up more than 1%. cheryl: we could learn details about carlos ghosn's daring escape from japan as soon as next week. the former nissan chairman reportedly will hold a news conference on wednesday after he managed to flee to lebanon earlier this week, while under
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house a arrest in tokyo. ghosn was taken into custody more than a year ago in japan, accused of finance ago wrong-doing, charges he repeatedly denied. he was due to stand trial in japan, now he's back in his homelanhomelandhomeland where se will seek a trial to clear his name. lauren: benjamin netanyahu is asking israel for immunity. he was hit with corruption charges in three probes. he sent the request to parrelment ahead of the r march -march-parliament -- parliament you ahead of the march election. they were not able to form government following back to back elections. cheryl: the hong kong protesters bringing the fight into the new year. more than 400 people were arrested on new year's day. the testimon demonstrations begn peacefully but went into chaos. at least 7,000 people have been
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arrested since those protests escalated in june of 2019. lauren: kim jong un warning of a new strategic weapon in 2020. the north korean leader also said his country will resume testing nuclear weapons and intercontinental ballistic missiles. this comments during the end of a four-day meeting with party leaders, his new year's address media reporting that kim jong un also said he is no longer obligated to comply with the self-imposed moratorium on testing. north korea held several small weapons tests last year, a move that was seen as a way to grab the attention of president trump even though they met three times but denuclearization talks between the two leaders have been stalled. cheryl: well, u.s. treasury secretary steve mnuchin will head a u.s. delegation to the world economic forum in switzerland. the white house confirming that news, it's going to run january 21st through the 24t24th. some of the delegation is going
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to include wilbur ross. a white house sources telling reuters that president trump is expected to attend. the trump administration was was to pump brakes on a law that allows illegal immigrants to get driver's licenses. lauren: todd piro joins us with more as the add a medicine -- administration takes a closer look at that law. >> reporter: happy new year to both of you. the laws allow immigrants to get driver's licenses without proof they are in the u.s. legally but prohibit state dmvs from providing agencies immigration laws. the plan includes a study on how these so-called license laws impact enforcement of immigration laws along with what dmv inkno info is possible and w it's used, including terrorists and criminals possibly getting fraudulent documents.
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he writes that they must be prepared to deal with as we protect the homeland. >> any time we reward illegal behavior, illegal activity, that's problematic for us. what we've seen particularly on the border is that encourages more individuals to l come here illegally. >> reporter: right now, 13 states and dc have these green light laws including new york, which reportedly cut off database access to at least three federal agencies last week when the law went into effect. richard on facebook writes what part of illegal do states not understand? and instagram user writing, good lord, someone is exercising common sense and susan on facebook posting, clearing the attempt to legalize all illegals into our country all part of the pattern, threat to our national security. and lauren and cheryl, it should be noted an at thi estimated 260
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illegal i'm grants are expected to -- immigrants are expected to get licenses within three years under these laws, more than half here in new york city. cheryl: that's incredible. thank you very much. lauren: let's take a look at some of the other headlines. fda is planning to ban the sale of fruity flavors in e-cigarette cartridges. it will not affect tank vaping systems. they allow vapors to customize liquids. the allowance was seen as a compromise between the trump administration and those concerned about the impact the ban would have on the industry and small busines. businesses. in the past year there have been 54 reported deaths. the death toll of the use train y'all wildfires has -- australian wildfires has risen to 17 after three bodies were found on the coast. this as the country deployed the military to help with rescue and relief.
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excessive and persistent heat and drought combined with climate change have been major factors leading to the natural disasters. airbus taking advantage of tong's troubles by -- boeing's troubles by delivering more jets in 2019. airbus delivering 863 jets last yeayear, an almost 8% increase m the year before. new york state minority leader brian kolb was arrested on new year's eve when police arrived at the scene of a single car crash. he had a blood alcohol level over the state's limit, he called this a terrible lapse in judgment. cheryl: to say the least. here is a look at your money. are you sick of seeing green arrows? i mean, right, here we go again.
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a banner decade, a banner year and month for stocks and we're up again. dow is up 160, s&p you up 18 and-a-half, nasdaq up 63 and volume may pick up today. today is national returns day and shipping companies are expecting a record amount of packages, the surprising reason why americans are sending so much stuff back of. a new advance in cancer detection, it's straight out of a sci-fi movie. this breakthrough could change medicine forever. you're watching "fbn: a.m.." ♪ we'll have a house party, we don't need nobody. ♪ turn your tv off. 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 ]
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cheryl: ups is gearing up for what's expected to be another record day on what's known as national returns day. ups is estimating that shoppers will send 1.9 million packages back to retailers. that's a 26% increase from 2018. eva herzog, retail analyst is here. are you surprised about the amount of packages being returned. 26% jump is a large number. >> when you think about how people are spending, especially the younger jen ar generations,s all online. glen z is the most likely -- gen-z is most likely to send
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back packages. they're getting advertised to via twitter and facebook and that's how they obtain their gifts. the way people are able to find gifts, returns are so much easier these days, that it's easy. you have free returns, free shipping, so why not take advantage of that. cheryl: that's going to squeeze the retailers on the one side. but also, clothing is the main return -- returned item and it seems that's a sizing issue. there's so many different sizes for all of these retailers. that's something they would want to work on. >> you would think, right. this is something they could zero in on. because it is so easy for the flow of items to go back and forth, people can take -- look at what amazon has done with their amazon fashion. you can lit literally get a buf clothes shipped to you, you can try it on and ship it back to them, everything you don't end up buying or don't want. retailers are understanding that is the new way that people are shopping and so they're baking
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that into their business models. cheryl: overall retailless sales foretailless --retail sals up 3.4% year over year. what are you looking at for 2020 as far as the retail sector. >> i was looking at the retail index in terms of stocks, thats was up 25%. while we're seeing all of this consolidation of retailers, that's really just a business move. so when you see all these retailers shutting down, of course we're all no, sir take no see the anchor stores leave the malls, it's really them consolidating and getting smaller. post recession in 2008, retailers thought if they got bigger, it would be better because people would be shopping the l same way. that's actually not the case. with them getting smaller, it's a good business move. cheryl.cheryl: it seems there'g to be more of a squeeze for brick and a mortar in 2020.
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>> we talked about showrooming years ago. i think retailers are moving more towards that. although you do have some retailers like nordstrom, for example, which is up the street over here, that's about the experiential shopping. we could go in there tomorrow, get a pair of shoes, get something to eat, have a drink, and basically they want us to stay there and continue to shop. so we're going to see a lot more stores do that type of -- cheryl: does that work, though? nordstrom, you're talking about the one in midtown manhattan which is huge and seeing that nordstrom's go up was a bit of a surprise a lot of us. >> that is their flagship store. when you look at nordstrom same store sales, sales quarterly gone up consistently. nordstrom is one of the only retailers that have had positive returns when it comes to their stock and in terms of revenue as well. cheryl: that's interesting.
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we're looking at a one month chart of nordstrom. that stock has jumped exp exponentially. any other major retailers going to shut down this year? sears is hanging on just slightly. >> we've known that. we've seen eddie lampert trying to reimagine the business model of the stores. so maybe jc penney. if they can't get their same store sales up in the next two to three years, we're probably going to see more consolidation on that front. cheryl: it's going to be another fascinating year for retail definitely this year. >> absolutely. cheryl:ed good to see you. lauren: i have not one return. cheryl: good. lauren: let's take a look at your money this morning. starting off 2020, strong rally here, half percent gains for the dow, s&p, nasdaq up three quarters of 1% this thursday.
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coming up, california taking steps to protect its citizens online, the new law that puts you back in control of your privacy but everyone is happy -- but not everyone is happy about it. keep it here on "fbn: a.m.." ♪ i've got a peaceful, easy feeling. ♪ and i know you won't let me down. ♪ nd nights out of sync, nd nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424.
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lauren: several laws went into effect yesterday, the new year, and a new one to protect personal data online went into effect yesterday in california. cheryl: joining us now, brett larson. happy new year. >> happy new year. cheryl: explain the law the to everyone. >> we all remember when the european union did the gdpr, the general data protection. this is sort of like that, but not like that at a all all, if t
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makes any sense. it's the california consumer privacy act, affects people who live in california. it's become a quagmire for online companies because not everyone lives in california. there's become a double set of rules for consumers based on where they are. it allows consumers in call california to reach out to companies, facebook, twitter, google, and say i want to opt out of the data you collect me on and i want to see everything you have about me. think of it like when you go to equifax or trans union and say i want to know -- i know what my credit score is, but i want to know all the data that went into making that number and they give you a copy of your credit report. it's becoming problematic for what we said off the top. if you live in nebraska, you don't have that access and so now we've got this sort of double issue for people who live in different places. cheryl: i'm thinking the companies are pretty frustrated
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by this. >> companies are very frustrated. cheryl: it's anybody that has a california customer, you can do business in virginia and a california customer -- >> you have to have a certain amount of revenue, a certain number -- 50,000 consumers have to be in california and then the law applies to you. so it's -- lauren: is this good or bad? >> i think it's a good step in terms of we're finally talking about legislating data privacy. i don't think this is the solution. i was at an e-mail conference late last year and a lot of the e-mail marketers and people that work in the industry are saying it's just such a mess and you have to get in on it and you have to start supporting it today and there's all these clauses in it. so we need everybody to sit down at the table and talk about what do we want -- we know facebook makes money off selling every last data point of our life, everywhere we've been, it's rolled into a neat little ball that sells us advertising. we don't know what goes into that neat little ball and we
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don't know what else we're collecting on us. it's a lot to tackle in one simple piece of legislation. lauren: artificial intelligence is doing a really good job at looking at at scans and predicting illnesses. google is doing a lot of work with this for cancer. >> google has been doing artificial intelligence in breast cancer. we hear about artificial intelligence in medicine a lot. humans can look at x-rays and mammograms and output of cancer screening. cheryl: breast cancer, right? >> this is specific to breast cancer. there's a chance you could miss it and there's a chance you might say it is breast cancer when it's not. that's a human -- that's totally part of us being human. we are imperfect. google is working ai to work with the radiologist. they're not saying we're going to put your mammogram through artificial intelligence and whatever it tells us we're going to go with. cheryl: the machine did a better job than the doctors. i think that's what's kind of --
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>> it does. cheryl: i don't know if that's good or bad. >> a machine is going to look for a pattern and it's going to constantly look for that pattern. a person is going to look for what they know and use gut instincts based on experience. i think this is great. ibm talks about this a lot, talking about watson and art initial intelligence. they -- artificial intelligence. they want artificial intelligence to work alongside us to make us do our jobs better. in medicine, i think we're going to see amazing advancements in artificial intelligence. lauren: man and machine. >> man and machine, that's the way it should work. cheryl: thank you very much. >> someone has to plug the machine in. cheryl: anything to stop breast cancer in this country, in the world would be amazing. >> the number two killer of women in the us, second to lung cancer. anything we can do to get ahead of it, fantastic news. cheryl: thank you. lauren: you can catch brett on fox news headlines 24/7, on sirius xm channel 115. the nasdaq is up 66 right now.
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president trump calling out iran for the attack on the embassy in iraq. what does this mean for our troops and stability in the middle east? joe biden facing backlash after sharing his plan for the coal industry. is what he just said reasonable or is it tone deaf. keep it here on "fbn: a.m." ♪ get in the groove and let the good times roll. ♪ i'm going to stay until i soothe my soul. ♪ it could take all night long. ♪ yes i'm stuck in the middle with you, ♪ no one likes to feel stuck, boxed in, or held back.
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to get you through the day. the u.s. is sending 750 troops to iraq after violent protesters attack the u.s. embassy. looking back at the markets in 2019, the dow up 173%, the s&p 500 up 189%, the nasdaq, what a decade, up 295% over the last 10 years. the bull run actually may continue this morning, futures are higher today. democratic candidate for president, mayor pete buttigieg, raised nearly $25 million in the last quarter of 2019 as primary season gets into full gear. lauren: the two day siege outside the u.s. embassy in iraq may have ende end but the unresy be r far from over. hundreds of troops are going to the middle east, many more told to pack their bags. we're joined by research fellow ben ham telablu. i want to back up a little bit.
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happy new year to you. how exactly were those demonstrators able to get so r far and into the embassy. where was iraq in pap patrolline situation, helping the u.s.? >> that's an excellent question. there's pictures on social media that have members of the iraqi security forces in military fatigues, some even have patches, if you zoom in closely, that could be part of different units, special units of iraq security forces. so at best, to be charitable to baghdad, these security forces turned a blind eye. if you look at the videos and some of the pictures that have come out, they aided and abetted the people who swarmed the u.s. embassy. it's crucial not to call these people protesters per se because really there's about 5 to 6 you thousand reported throughout baghdad and these people are part of irans' agent of foreign influence, part of the pro-iran network and they're yelling "death to america" when hundreds of thousands of iraqis since
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october are yelling "iran out." they're a minority but are part of the network. lauren: we have troops on the way to iraq. mike pompeo saying those troops aren't going anywhere. iran wants the u.s. out of iraq. do you see that happening, because this has to be a very entrintricate strategy. >> the white house needs to know how to do layering here. it's adding more troops to the southern part of the persian gulf, some of the bases the u.s. has there. iraq matters. iraq is going to be one of those countries in 2020 where the iranians are going to look to use toe cost tactics -- low cost tactics toss have a high cost on u.s. assets and allies. an embassy attack can be expected to continue in the future. so sending in more troops is a good signal of resolve. the question is, will it be enough to he deter the iranians and the iran backed militias in
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the country. lauren: morgan ortagus says don't confuse the president's patience with weakness. what is the appetite for conflict in an election year? >> fortunately, no one is talking about a direct conflict with iran. the president every time he is talking about layering in on more sanctions, the primary tool of the maximum pressure campaign that is successfully wielded against iran. it's a nonmilitary tool. the u.s. has been absorbing -- morgan ortagus said much escalation for the past six months. the sanctions are so effective and iran remains commi committea revisionist foreign policy. washington needs to stay the course and when necessary push back against the iran backed groups with requisite force. lauren: thank you so much for your perspective. >> my pleasure. thank you. cheryl: let's take a look at how your money -- we're going to have a good day today.
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lauren: seems like it. cheryl: no one should be tired of seeing green arrows. dow is up 171 now. a lot of trade optimism out there. the president tweeting they're going to sign the phase one trade deal this month. investors are looking positive today. s&p is up 19 and a quarter right now. it's a secret -- it's no secret that drug prices are on the rise. patients may have sticker shock in 2020. we'll bring you the numbers. mayor pete buttigieg looking to parlay his success with donors into success with voters. do high donations mean a high vote count? we're going to break that down. you're watching "fbn: a.m." ♪ jubilation, she loves me again. ♪ by consolidating your credit card debt into one monthly payment. and get your interest rate right so you can save big. get a no-fee personal loan up to $100k.
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lauren: pete buttigieg and bernie sanders kick off 2020 on a high note. the presidential hopefuls boasting big fund raising numbers. a new ranking shows joe biden poised to take the nomination. cheryl: aishah hasnie joins us now, one month before the first caucus. good morning. >> reporter: good morning, lauren and cheryl. it's crunch time and we're still not seeing that one candidate with all the cards on the table. let's follow the money first for you. buttigieg raising 120 million in 2019. joe biden with 15 million.
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andrew yang warning not to count him out just yet. >> we are going to break 12.5 by a significant margin. the announcement should come out soon. i think people will be pleasantly surprised and shocked by the fund raising total. >> reporter: we'll see what happens with that. that is the money side. let's talk about the national polls, they're painting a much different story here. according to real clear politics and data site 538 former vp biden is still ahead by a significant 10 points there. the hill ranking sanders, warren, butt good evenin in the. tulsi gabbard is near the bottom of the list but these not out. she tried to make a splash, hitting the freezing waves of new hampshire on new year's day. comedian adam corolla thinks
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gabbard has a shot at being the democratic nominee. >> it would be more tulsi gabbard type of authenticity with dignity and more middle of the road approach to politics. i think it will be someone a little closerrer to the center. an andrew yang type or whatever, who is a much different version but very authentic. >> reporter: we're still supposed to get bernie sanders' numbers, his money, fund raising numbers in the next 20 minutes. we're one month you away now from the iowa caucuses and it looks like it's anyone's game or at least that's what the candidates would tell you. back to you. lauren: thank you very much. we're going to pick it up from there, here to break down what this means going forward in the 2020 democratic presidential primary is former gop congressman, jack kings t'ston and democratic strategist, max burns. max, i want to start with you.
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big year for pete buttigieg. no one heard of him a year ago, he had very little money. now he's really surging financially and po popularly. why do you think he's surging? do you think it's from big money donors. >> as you've seen from his fund raising in q3 and q4, between 2 and 4 million donations, the average donation, around 35, $38. what you're seeing here is actually i think a lot of people, at least with their money, expressing concern with joe biden and looking at a younger, more moderate individual for this. if you look at 2018, all the races democrats flipped or trump-leaning districts and that's a demographic pete buttigieg has targeted and taken away from joe biden in a way that started to cause the biden campaign a bit of concern. lauren: jack, what exactly happens in iowa, then? because joe biden doesn't have the lead there.
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jack? all right. we're going to try to get jack's audio hooked up. i'll ask you that question, max. does pete buttigieg win iowa? does it matter? if you look at polls nationally, biden has the lead in nevada and south carolina, but not the first states. so how does this play out? >> that's a challenge for joe biden. any time you have a wide race like this and you have the frontrunner's campaign saying they're not going to contest the first two or three states, that's a worrisome position. and right now it looks like pete buttigieg is likely to take iowa pretty handily. i would expect even amy klobuchar to do better than is expected. and as we saw in 2018 with hillary clinton, her lead in south carolina evaporated after she lost iowa and that's something that the biden campaign is concerned about as well with his firewall in south carolina evaporating. lauren: jack, let me bring you in here. how sturdy is joe biden as a
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candidate? >> jack? okay. max, you and i are going to finish this interview up. i want you to listen to something that joe biden said. he said it about a key state for 2020, also a coal producing state. listen and we'll talk on the other side. >> he asked me toward the end of our administration, joeys going to determine what the jobs of the future are. anybody could go down 300 to 3,000 feet in a mine, could learn how to program as well. anybody who can throw coal into a furnace can learn how to program, for god's sake. lauren: coal miners can code. is that tone deaf? would you call that a gaffe? >> joe biden, they don't throw coal into furnaces in the mines. this is such a weird way of saying something that is getting at a good point but it's typical joe biden, it's a blunder.
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we've seen coal mines and coal factories have really reduced over the last 10 years. 10 years ago coal mines in america were sending coal to 156 plants around the world. this year, there are about 51. but the answer isn't to say learn how to code. i think for years now that's been viewed as conne condescendd out-of-touch. there are job training programs going on, some in west virginia. to say learn to code, it's essentially the build the wall of the left. yoit shows a lack of attention o a complex and important issue. lauren: karl rove says the election comes down to pennsylvania, michigan and wisconsin so that messages resonates that joe biden was giving. max, thank you for joining us. >> thank you. lauren: i appreciated my conversation with just you. cheryl: our thanks to jack as well. let's take a look at your money
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this morning. we've actually got green arrows. we're kicking off the year strong start to your markets. the dow is up 177, s&p up 19 and-a-half, nasdaq is up 68. we've got a lot more coming up. 2019 was a great year for the markets. we've got the highs and the lows, plus now let's talk predictions for 2020. and one company saying see ya to cigarettes. how 2020 is going to be the year they say no to nicotine users. you're watching "fbn: a.m.." ♪ why don't you come on over, valerie. ♪ valerie. ♪ too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. my parents helped build it. i can play, i can study, i can be safe with my family. this is my house. visit habitat.org
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to be up. jonathan hoenig, a fox business contributor is here. happy new year. >> great to be with you. happy new year . cheryl: i know you like the numbers for the decade. it was an incredible bull run for markets over the last 10 years. everyone is wondering if the momentum can continue. >> look at the first trading day of new year, it seems to be -- as you said, the trend is your friend. that wall of worry that stocks climbed in 2019, everything from trade to issues in the middle east, that's still there. what happened in 2019. the u.s. essentially became a safe haven, those big blue chips like apple up 85%, or microsoft, also killing it in 2019. those two stocks accounted for about 15% of the entire indices gain in 2019. i expect those trends will continue. one of the positive things we saw, cheryl, was the rally in fact broadened out as the year continued and fourth quarter you saw banks, you saw health insurance companies and health
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providers do real well as well. the trend is up. i don't think you should be fearless in 2020. i think it's a good time to get your financial house in order. we're due for a correction. by all stretches of the imagination, the rally is on and set to continue in 2020. cheryl: i'm glad you brought up the issue of a possible correction. what goes up must come down at some point. sometimes that can be a healthy thing. if we were to have a little bit of a pullback in 2020, when do you think that might be? second quarter? third quarter? >?>> certainly no one expected the christmas pullback in 2018 that scared a lot of investors. it's impossible to tell. as we do know, it is coming. we are in a historic expansion. one thing different now in 2020 that's markedly different than 10 years ago was that question of fear. ten years ago people didn't want anything to do with stocks. there was a tremendous amount of fear. now in 2020 there's more bullishness that's a contrarian
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sign. my one word of advice as we come into 2020 is to get your financial house in order. pay down the debt, put that emergency fund in the bank and know that when the correction comes, you're prepared. cheryl: we were just -- we're looking at a one year chart of netflix. that was one of the biggest stories of the decade, the 4,000 year run for netflix. there's a lot of commentary that menetflix because of the new competition that this stock will be a problem in 2020. >> it's all about innovation. that's what makes a netflix as opposed to a my space. netflix started the decade sending out dvds, end of the decdeck aid creating their -- dd aid creating -- decade creating their own content. companies who innovate the services that we don't know we need, whether it be apple, netflix, microsoft, perhaps companies that haven't gone ipo
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yet, this will be an amazing decade of innovation for the u.s. cheryl: i know you like gold in 2020. i think gold is an interesting prediction from you. i was looking at a note from l goldman sachs and bmo capital markets, they're predicting more than a 5% gain in 2020 for the s&p 500. >> i think it's easily doable. but it's a long year, cheryl. a lot will happen. keep in mind, all the risk factors, many we say in 2019, it bwhether it be election, trade fears or potential for rising interest rates, a lot can happen in 2020. it's a great time to get your financial house in order so you're prepared no matter what happens. cheryl: i keep saying, is anybody tired of seeing green arrows. i guess not. have a great start to the knee . 2019 was a safe year for air travel despite one high profile crash. a consulting group says large
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commercial plane crashes fell by more than 50%. there were eight fatal incidents that resulted in 257 deaths, one which was the boeing 737 max jet in ethiopia, the second crash of that model in less tha than five months. david stern has died. he was hospitalized since december following surgery. he served at commissioner for three decades. he founded the wnba and also introduced seven nba franchises. david stern was 77 years old. well, a new year has brought higher prices on prescription drugs. drug makers bristol-meyers squibb, pfizer, biogen increased the cost of 50 medications in total, including life saving cancer and hiv medications. more than 250 drugs have seen a hike already. the increases are below 10% and
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the median price increase is half of that. finally, smoking can cost you the chance of working for one company. beginning february 1st, u-haul will implement a nicotine-free hiring positive. the new rule will take effect in 21 states. the company says those hired before the policy takes place will not be impacted. they say the goal is to promote a healthier workforce. we have got a healthy kickoff to your markets on the first trading day of 2020, talking to jonathan hoenig about this. look at at these numbers, trade optimism, a phase one trade deal being signed and the strong performance for the year, investors are feeling good right now. nasdaq is up 67 and a quarter. coming up, say good-bye to tokyo. how one airline is trying to diversify tourism in japan. the reason why is pretty fascinating. stay with "fbn: a.m.." ♪ she's got a ticket to ride but she don't care.
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♪ ♪ ♪ everything your trip needs, for everyone you love. expedia. for everyone you love. i am not for ignoring the first sign of a cold. i am for shortening my cold, with zicam! zicam is completely different. unlike most other cold medicines, zicam is clinically proven to shorten colds. i am a zifan for zicam! oral or nasal.
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27% increase in the amount of vegan food orders that have come in across scrub hub, 7 out of the 10, vegan or vegetarian, hour the growth of how big the industry is becoming, however, they also released based on stats the most vegan-friendly state, coming to number 1, new york. , if you want to order it there's lots of options to get vegan get food here followed by california and nevada, least favorite would be indiana followed by iowa and north carolina. cheryl: the best vegan dish was the impossible burger. >> up over 20%. cheryl: all right. in tokyo, japan airlines, they are giving away free tickets, why? >> yes, if you're visiting or already live in japan, hey, stay for a while or at least see
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other parts of the country, the tokyo olympics take place this coming july and what they are doing, japan airlines jal airlines are giving free tickets to other parts of the country, certain restriction that is do apply, jake out the jal website, begins in february, it's part of upcoming 2020 campaign. >> i like how they want to get people out of tokyo during olympics. now on netflix there's no more friend? >> nobody who woke up or got home after new year's eve and turned on netflix, friends is gone, the agreement officially ending at 12:01 on new year's day, a lot of people not happy about it, part of new deal as the contract was up, $500 million hbo maxx spent on it, friends will be on hbo streaming service. warning right now, january 1st
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next year the office will be off netflix, all right, giving you a whole year's notice. cheryl: year to go crazy. >> absolutely. cheryl: you know, we were actually talking about netflix earlier and the fact that the stock was like one to have biggest gainers, 4,000% but now all the competition that are coming in. >> seems like the markets is oversaturated with streaming services. cheryl: wow, mike gunzelman, that's it for fbn:am, over to lauren simonetti, fbn:am -- mornings with maria begins right now. lauren: first show of new decade, top stories at 6:00 a.m. eastern, markets looking to keep celebration going and welcome in
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new year with major rally, decade to remember, the tow up over 173%, s&p up nearly 190% and the nasdaq, wow, just shy of 300%, we will take a look on where opportunity lies in the new year, done deal, president trump says phase 1 of china trade deal will be signed january 15th and he will be headed to beijing to meet with president trump of china and phase 2, tensions with iran, president trump says he wants peace but warning a war with iran wouldn't last long. chaos in hong kong, new year kicking off with massive protest there and violence, right here at home vaping crisis, fda looking to ban all flavors except tobacco and menthyl, we have the fallout just ahead, plus rare recording from rolling stones, live cuts cuts from thel
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