down 167. stuart: hope springs eternal we'll turn this thing around but pete thank you very much. pete: my pleasure. lauren: happy weekend. stuart: my time is up but neil is back. neil: all right thank you very much stuart. you think about it stuart even on the worst levels of the day we were down a little bit more than a percentage point. we were down in excess of a percentage point in the european markets a lot finished from a quarter to a half a percentage point down. ditto asia so it seemed like the markets worldwide to pete's point are reassessing this saying let's take a chill pill and calm down, of course they didn't say that but i have a feeling they were thinking it i want to thank connell mcshane and blake burman who were doing a bit too good of a job in my absence. could have taken friday of but said better not. take a look at this and the reaction right now. we have oil actually trending up but not as you'd think yet gold rallying this typically happens, the stock market going into safe

havens at times of strike, bonds completing that picture, rising as the secretary of state mike pompeo was talking about why the u.s. took this action against iran. >> president trump made the decision a serious decision, which was necessary. there was an imminent that work orchestrated the primary motivator that costed soleimani to disrupt that plot. you've been talking about the history of who qassem soleimani is. he's got hundreds of american live's blood on his hands but what was sitting before us was his travel throughout the region and his efforts to make a significant strike against america. neil: so this was meant to avoid what was an imminent attack against u.s. interest and our soldiers former u.s. ambassador to iraq, with us right now on where this goes from here. very good to have you, sir. what do you think is next? >> well right now, i think we'll have a period where not much happens. i think the iranians have declared a three-day mourning

period and their national security council is going to evaluate what next steps they want to take to respond and maybe i should walk back just a little bit and give people some context, because over the course of the past six months, iran has been trying to poke the united states into some sort of actions in retaliation for the u.s. withdrawal from the iran nuclear agreement and the imposition of the maximum pressure campaign so you saw in the summer, attacks on oil tank ers outside the straight of hormuz. you saw the shootdown of the american drone. you saw attacks on some civilian infrastructure in saudi arabia, and then in the fall early, attacks on saudi arabia's biggest oil processing platform. none of that got the reaction from the united states that iranians were looking for, so shortly after that at the very end of october, there began to be i believe the chairman of the joint chief mark milley

described a series of attacks on the green zone in baghdad, where the embassy is located but also on iraqi military bases that house american and coalition forces and these escalated gently until the 27th of december, where iranian proxies in iraq fired 31 rockets at a military base that killed an american soldier, and two iraqis. neil: so we had plenty of reasons to go ahead and pursue this guy and i'm always surprised when you're experiencing as an ambassador and elsewhere in foreign affairs , the administration will be damned if it did, damned if it didn't, so if you knew that this guy was planning some additional attacks on american soldiers, and ignored that threat, they would be for that. >> the answer is correct and frankly only history will judge whether the president has made the correct decision here. there is no doubt that qassem

soleimani and other person an iraqi malitia leader have american blood on their hands and were likely planning attacks against the united states. the real question is does this attack increase the risk of iranian attacks, retaliatory attacks, or does this give the administration and the broader international community and perhaps our arab gulf neighbors in the region a chance to de escalate tensions. neil: ambassador i don't mean to jump on you my friend, the senate leader mitch mcconnell is talking about the iranian developments let's go to the floor of the senate. >> as agents killed hundreds of american service members in iraq and afghanistan. he personally oversaw the state- sponsored terrorism that iran used to kill our sons and our daughters. and as we've seen in recent days

and weeks, he and his terrorist posts and ongoing and growing threat to american lives and american interest, soleimani made it his work to take the iranian revolutionary call for death to america, and death to israel, and turned them into action, but this terrorist mastermind was not just a threat to the united states and israel. for more than a decade he master minded iran's destabilizing work throughout the entire middle east. he created, sustained, and directed terrorist proxies everywhere from yemen to iraq to syria to lebanon. innocents were killed. these sovreign countries were

destabilized. in syria, this leading terrorist and his agents acted as strategists, enablers, and accomplices. the brutal repression, and thet. in iraq, his violence expanded iran's influence at the expense of the iraqis themselves. his dark, sectarian vision, disenfranchised countless sunni arabs and paved the way for the rise of isis, and with isis largely defeated, soleimani and his agents again turned their sights on controlling the iraqi people, who through massive protests are rejecting not only a corrupt government, but also iran's influence over that government.

once again, there were iran and its proxies facilitating violence against these peaceful protesters. for too long, for too long, this evil man operated without constraint and countless innocence have suffered for it. now, his terrorist leadership has been ended. now, enough in this political environment, the operation that led to soleimani's death may prove controversial or divisive. although i anticipate and welcome a debate about america's interest in foreign policy in the middle east, i recommend that all senators wait to review the facts and hear from the administration before passing much public judgment on this

operation and its potential consequences. the administration will be briefing staff today on the situation in iraq. we're working to arrange a briefing for all senators early next week. for my part i've spoken to the secretary secretary of defense and i'm encouraged by the steps the u.s. military is taking to defend american personnel and interests from a growing iranian threat. i know i speak for the entire senate when i say that my prayer s with with are with all-american diplomats, personnel and brave service members serving in iraq and in the middle east. i'm grateful for their courageous service to protect our country. from the outset of this new year it is already clear that 2020 will require the senate and our whole nation to redouble our resolve to keep america safe in

this troubled world. now on an entirely different matter, of course we also anticipate that another totally different very serious item will be heading the senate's way soon the senate will have to address -- neil: we're going to continue monitoring mitch mcconnell getting into the weeds on the impeachment issue here that will also come up whenever it is formally passed along from nancy pelosi who has held those two articles of impeachment against the president of the united states, for the better part of two weeks but right now we are concentrating on what has the market's attention and a lot of other folks attention, the escalation of hostility right now against iran, and via the united states, but not as much as you would think. this follows the script that has largely been borne out in repeated crisis in the middle east, some early on stabilized as the day goes on to jackie with more on that. >> reporter: good afternoon to you, right as mcconnell was

speaking you could see the market continuesed to pair its losses but stocks are lower after a series of record runs remember going into the new year that news that the u.s. killed the key iranian military leader in overnight air strike and iraqi malitia commander vowing to retaliate this is rattling the markets today. now the market has seen the impact of this, these escalated tensions but it's still in a fear stage, could move lower, if conflict actually ensued and that's what everyone is looking for. oil prices pairing gains, they were surging today at eight- month highs coming down just a little bit, but well over $60 a barrel. the u.s. remembers pumping 12.6 million-barrels a day. that is a record so supplies overall are in good shape, and right now, the impact of iranian and iraqi exports not really a threat to the market so much but a fear premium. that's what you're seeing. now when oil prices rise energy stocks move along with it. the sector did see a bump today, and names like bp, superior energy, they are rising just to name a few.

gold prices also rising up about $25 on this news, gold is traditionally a safe haven and the other safety trade is the 10 -year note yields moving lower as investors buy u.s. bonds for protection today, neil. neil: all right, thank you, jackie very very much. we will take a real quick peak at the corner wall where we have the dow down about 164 points that's about a half a point hit to jackie's point earlier on here, so while it looks like a big number of course we have seen that that big down number surged to these record levels here, so it is really off of that those highs very very much, ditto what we saw happening in europe and asia. the knee jerk response was a substantial sell-off paired as these markets pretty much all of them closed, again close to the highs of the morning. so or the lowest lows i should say, so again, while these look like a lot of redler days here in 29 of the 30 dow components are down, they have been down a

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neil: you know, this still reads like a novel, right? the former nissan chairman, carlos gsohn, who was under house arrest we're told, he was just going to have to wait and wait and wait before a hearing would be held, and would have to remain behind bars maybe for the rest of his life, he is in lebanon now, grady trim bull has a lot more. >> reporter: the turkish company whose jets brought ghosn from japan to lebanon they say a rogue employee is to blame for all of this and that employee falsified flight

records and that did go had lh g hosns name appeared on the flight plan and that company, mn g jet says two planes were used illegally to transport the former nissan ceo, without company management knowing about it. the company says that its filed a criminal complaint. ghosn flew from japan to turkey and then turkey to lebanon and as you mentioned, he was under house arrest in japan awaiting trial on charges of fraud and other financial crime and japanese and turkish authorities are baffled trying to figure out how he got out of his home under tight surveillance. his daring escape is obviously a violation of his $14 million bail. he claims he did it to avoid a rigged justice system in japan and the country has a 99% conviction rate, and interpol calling ghosn a fugitive although there don't

appear to be immediate plans for authorities to turn him back over to japan and this is far from over. the next step that we know about is ghosn is calling a press conference where he's expected to speak next week. neil? neil: thank you my friend, very very much meanwhile taking you to australia, raging fires that are now officially out of control, and the worst in australia's history, not saying something since last year they were dealing with the worst fire s in the country's history, kenny logan has more. >> reporter: hi, neil. yes you're right this is the worst wildfire season yet in australia and it's not over. authorities are urging people to leave effected areas, people being forced to flee literally for their lives and the australian navy has been helping people to safety from the southern state of victoria, landing craft getting people across to a larger ship. others airlifted out. around 4,000 people have been

trapped for days on those beaches, particularly in the coastal town where they are surrounded by fire and smoke, absolutely tire terrifying circumstances and many more have been stuck in traffic trying to get out by road. now over 200 wildfires are still raging across australia. so far 19 people have been killed, more on are thissing and hundreds of homes destroyed and countless wild animals killed. now, yesterday people caught up in those fires were seen taking their frustration out on australia's prime minister, scott morrison, whose widely criticized for his response for the crisis and neil, the sad thing is the worst is yet to come. high temperatures, record high temperatures forecasted saturday combined with strong winds. that is going to strengthen the existing fires and it could also create sparks which are smolder ing and also gone out. back to you. neil: great reporting thank you

very very much, more than 110 degrees temperatures. meanwhile we have been listening to mitch mcconnell being on the floor of the senates and on his impeachment issues saying the house is not sending these impeachment articles to the senate, for trial is essentially political show and the prosecutors referring to those in the house began to develop cold feet and they decided it could wait indefinitely while they checked the political wins and find presumably some new talking points and he's also saying it's a non-starter from the speaker nancy pelosi, to try to hand design his words, the senate trial. keep you posted on that. keeping you posted on the big wait for wearable technology trends, to wear off. it's not happening at all. just the opposite. ♪ ♪ problems. nobody likes problems.

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neil: all right, we have been focused on the markets you lose sight of the fact that despite alphabet just hitting an

all-time high, apple unand out of $300 a share highest its ever been in the last six months up in excess of 50% you also have facebook in-n-out of 52-week highs to market watch tech editor, jeremy owens on whether this keeps going in the new year what do you think, jeremy? when i look at it, jeremy, i always am amazed at the follow through, because you know, it has a jump, you'd expect some profit taking, it jumped some more, what's going on? >> well that dividend is really fat, neil it's hard to give up on apple share before they give that dividend to you at the end of the quarter and it's really going to depend on earnings coming up in a few weeks. they want to see the returns from the holiday season they expected and everybody expects air pods to be huge, for apple, and iphones to continue to sell, as long as they can continue to do that they will justify that price. their price-to-earnings base is still lower than microsoft, lower than google even with this recent run-up for apple. neil: do you know what's

interesting too is it's like owning a growth fund, that is apple is more than just a gadget company. it's kind of a reflection of the consumer and his or her propensity to pay a lot of money for some cool stuff, but more than that, how it can feed off and leverage off all of that by subscription services, apps and the rest. it just keeps turning. what i'm curious is your take on whether its gotten ahead of itself. i know there are those who say there's another 100 or $200 a share in it i'm not savvy enough to know that but what do you think of that argument that oh,, no, no, no, to your point with everything that's coming down the pike here, it's undervalued. >> it could be. the thing is you're still looking for growth on the horizon. i just don't know if it's there for apple. they are going to have to innovate again and there is a thought they come out with augmented reality smart glasses they have been putting a lot of money into augmented reality and

you'll have to see a new product category at some point. apple watch and the wearable, the airpods are doing well, but are they going to move the needle? are you going to be able to sell enough to move that needle? you still need to keep throwing more products out there and find another killer product and i think augmented reality smart glasses are where they try to go next. neil: you know, they never break down the sales of all of these wearables and other devices to the degree, i mean, when the watch first came out, it was understandable it had a slow start, but we know that it's doing very well. we know it's the world's best selling watch. i guess what i'm asking is can that demand continue to rise? do you see this wearable as the sort of the wind at the company 's back? >> well yeah, again i think you'll have to look for something else to also augment, the wearables are nice, right? it's just where does it go? there's a lot of thought that eventually we won't need smartphones there will be the ability to just create a screen in front of you and work and that's what the smart glasses can do, just do this and you'll

see a screen and work. there's a chance that wearables can do that on their own that you have a watch that could have some kind of holograph ic display. we don't know in this decade where that's going to go and it's possible that a watch is involved. it's possible that it's glass, it's a lot of different things and you have to keep throwing things at it to see what you come up with. neil: what about a phone for apple that's getting scrutiny whether it's a 5g compatible phone, whenever 5g emerges what the are your thoughts on that? well i think that's a big part of this right? if they can get a 5g phone out this year, they have been effort ing toward because i don't know that people are going to buy this upcoming iphone. the last iphone was really good. they are looking for 5g to have another feature to really be that killer feature to get people in on it. neil: we'll watch closely jeremy happy new year thank you for joining us. >> thanks for having me neil. neil: you've heard about this great takeout right now, with the top two iranian commanders. the question now is whether any other president would have done what this president did, for

good or ill, after this.

neil: all right, we've got oil running up a little bit but it had been close to $64 a barrel, brent was touching around 69 close to 70 equivalent dollars a barrel, so they since dissipated , and it was the script that was kind of playing out, i had the good fortune of

going up in the elevator with the global macro director, we're discussing how the markets typically responded these crisis and it is kind of following a script, also joining us in this discussion is larry glaser, may flower advisor managing partner there. gentlemen welcome to both of you , it was pretty much that that this is how the market kind of plays this script out, for now it's playing out to that. what could disrupt it? >> so ultimately the question i always ask as an investor is this systemically important? obviously the headlines are big, we got all kinds of geopolitics on a regular basis maybe too regular for our tastes but the question is always how is this going to effect the markets and the markets care about earnings, interest rates, valuation, and so i'm looking for the transmission mechanism between the events taking place and how it would effect the markets and if they are not going to effect

the markets, then the reaction maybe is overdone, and so in this case the transition mechanism would theoretically i presume be a sharp rise in oil prices but as you just mentioned oil is only up a buck and change and it reminds me of the strike on the saudi aramco a few months ago that was supposed to take out like 10% of the world's supply. neil: we're talking $80 oil. >> yeah and it lasted a day it was up 4% and then it was over, and so it gives you a sense of where the energy markets are and it doesn't take much for the shale industry in the u.s. to open the spicket a little further and the u.s. is already the largest oil producer in the world. neil: but equities in general are you concerned this might be an excuse to sell, or reason to stay calm and let it flyby? >> so we have a sharp rally into year-end, the formal melt- up rally if you will so maybe some traders were over there thinking the party would just continue, and then the events happen, maybe there's

some margin calls or algos kicking in. i'm not really concerned with them. i'm concerned more with what the average long term investor and you know i would not want someone to sell for the wrong reason especially guess thins back drop of an 11-year-old 434% bull market which is pretty astonishing. neil: by the way as you and i were just chatting we're getting word right now that the administration has committed to sending 3,000 more u.s. troops to the middle east, of the 82nd airborne division brigade was already put on alert today it will be deploying to kuwait, two u.s. defense officials are passing this along to fox news, so larry i'm glad that you're hearing a lot of this. these are the kind of unexpected developments, some call them black swan developments and some people fret over it. do you worry about possible escalation, or cooler heads prevail? >> you know, neil, today's

scary headlines are a combination of events. it's the geopolitical uncertainty effecting global oil supplies but we also had weaker than expected domestic manufacturing economic data today and i think all of this abouts as a splash of cold water on the face of investors coming off that record bull run that we saw last year and that record economic expansion but neil, look. i think it's a reminder for investors of why managing money is about man managing risk not just about seeking higher returns. why we don't own just apple and microsoft when they are responsible for 15% of the stock market gains. why is it okay to own energy which is the dog of the decade but energy is underrepresented in most investors portfolios and it serves just like gold and bonds just like other areas to diversify the portfolio, but neil it's also a reminder of why we would have to be insane to take this economy for granted. there's so many risks that always run the horizon that we need to be cognizant of. it's things like deficit we have record stock market runs and record national debt

$23 trillion in debt. also geopolitical uncertainty as we know but we have dysfunction in washington so all of these going into an election could be concern, but the disruption to global energy may not be as meaningful to the u.s. economy as it was in the days of the arab oil embargo just because we're getting flashbacks to the iranian embassy once again. neil: well that's what's obviously prompting a lot of this too and gentlemen i'm going to break away from you for a little while, chuck schumer the democratic leader in the senate is responding to this latest pro vocation, saying no one in congress was consulted on this and politically, that is not passing with him. let's get into this if we can. >> thousands of american lives sacrificed there. how does the administration plan to manage an escalation of hostilities and how does the administration plan to avoid a larger and potentially endless confluence in the middle east. these are questions that must be

answered. it is my view that the president does not have the authority for a war with iran. if he plans a large increase in troops, and potential hostility over a longer time the administration will require congressional approval, and the approval of the american people. the president's decision may add to an already-dangerous and difficult situation in the middle east. the risk of a much longer military engagement in the middle east is acute and immediate. this action may well have brought our nation closer to another endless war, exactly the kind of endless war the president prop used he would not drag us into. as our citizens and those of our allies evacuate iraq, and troops

prepare for retaliatory action, congress needs answers to these questions and others from the administration immediately, and the american people need answers as well. on impeachment. mr. president, the senate begins this new session of congress. neil: all right we will be monitoring as we did with mitch mcconnell, and his impeachment comments. again, the democrats have held off that is nancy pelosi and the house has held off sending those two articles of impeachment to the senate and the better part of two weeks right now we'll monitor what he has to say about that but more on this attack and these two generals these iranian generals he was saying that congress was not consulted and he was not necessarily critical of the prior administration attack on osama bin laden for which congress was also not consulted but this is politics and the environment. back with my market pros

including fidelity investments global macro director, yuren tim mer. we worry the escalation part, 3,000 additional troops. it's in that uncertainty you get selling. did you think the markets just are going to have to be more volatile than normal to adjust for this new reality, where we don't know what that reality will be? >> yeah, so in my opinion it all comes down to the valuation, so if stocks are trading at a 15 pe, it can absorb a lot of bad news because stocks are not priced for perfection but right now we're trading at a 20 trailing pe, and an 18.5 pe. neil: richer. >> it's on the rich side of history, and it's understandable why the markets trading because the market is sniffing out a global inflection point in growth and because price leads earnings yet the market is a discounting mechanism, the market has rallied ahead, very strongly in 2019, ahead of what

it sees as an earnings recovery in 2020, and i agree. i think earnings will probably go up about 8% ors but you know, the pe a year ago was 14 and today it's 18.5 that's a pretty big jump and 14 year ago was at the bottom of the 20% decline of course, but so a lot needs to be right, and so that leaves -- neil: improving earnings could make it a much more realistic number right? >> absolutely and again it comes back to my earlier point on how this could be or could not be systemically important so if this geopolitical development undermines the likelihood of an earnings rebound, then the markets too expensive and it doesn't have the earnings to justify the pe, but if it doesn't effect it and my sense is that at least right now it doesn't look like it will because it doesn't look like oil prices are going to jump high enough to undermine consumer demand et cetera so if it doesn't effect earnings then the market is priced correctly here, but having said that, 5-10%

corrections happen all the time, they happen historically 40% of the time. the market is declining somewhere 5-10%, should not shock anyone, it should not disturb anyone, but again, it's that transmission between what's happening today and how it will effect earnings, interest rate, et cetera. neil: you know larry, markets are all the worry right so maybe after this they just continue climbing that wall of worry? >> yeah, we talk about the transmission mechanism that energy is really under appreciated mechanism because we had a consumer-led economy the last few years, consumers been a champion, middle class has been a champion and small business. they are very susceptibile to energy prices and again, far less so than 20 or 30 years ago and the stock market is far less exposed to these sectors but at the same time a spike in energy prices may dampen consumer sentiment and retail sales. you know, one of the issues we always look at is what is the impact on the federal reserve. will the fed be more likely to stay on hold. if you soften the consumer the

fed may be more likely to stay on hold which ultimately may actually prolong this economic recovery and allow us to push into the next election cycle so i think there is a bullish story to this. the cooling of sentiment may be well received in wall street, because it will prevent inflation from getting out of control, would also prevent in- flows from the market from getting out of control so tempering enthusiasm is really beneficial because we want a stable economy. we don't want stock prices exceeding fundamentals, or exceeding business activity, and that's the direction we are beginning to head in, as in- flows from cash is coming into the market in a rapid fashion in december. neil: nothing more than slow that, moving cash off to the sidelines into the market much to your point to be. gentlemen i want to thank you both very very much, as we're speaking here, they calmed the market down so something about that combo did this, we're down about 160 points which is in the scheme of things is what about a half a percent and well off the

lows of the day. oil prices are rising but not as quickly as they were, gold prices are rising but not as substantially as they were and interest rates are coming down, though not as aggressively as they were. go figure. we're also monitoring that chuck schumer on the floor of the united states senate and he says this president is going to need congressional approval for any further action in the middle east. we are aware right now there's going to be a briefing for us, for those in congress and their staffers to get the latest on what the president plans to do now. still no word from the president himself. he's tweeted out some comments, but no direct microphone comments if and when he does speak, we're there. more after this. 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.

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neil: all right, we are one month away from the iowa caucus es and a lot of the candidates have now submitted the numbers they got, the money they raised in the fourth quarter of last year, in other words the last three months of last year. we're going to get into the

particulars here, suffice it to say that a whole bunch of them raised a whole bunch of money. so much money i want to bounce off this an expert. they are inclined to say pretty much in this race a lot longer than would normally be the case and maybe, maybe, broker a convention by the time they gather this summer, to michael bloomberg campaign polster, doug schoen, that's my theory i'm sticking to it and i follow the math and given the proportionate al vote in these caucuses and primary states there's a distinct possibility that no one is the first valid victor. what do you think? >> i think you're absolutely right, neil and i think we will get an inside sense of that, with iowa, then new hampshire, then nevada and south carolina, and if those four primaries and caucuses go say with biden winning one, and pete buttigieg winning one, and sanders winning one, or two, or some combination thereof, we could be well on the

way towards that, so yes, i think it's distinctly possible. neil: you know, when i was going through this and i don't know if we have this but bernie sanders raised an incredible amount, $34.5 million, joe biden about $22.7 million, mayor pete close to $25 million, even elizabeth warren more than $21 million, and i'm looking at all of that and i'm saying well they have reason to keep fighting on, well into the spring. >> sure. then we're in unchartered water and if we go to a second ballot, neil, there are a few hundred super delegates who then get to participate, and how they will vote and how they will break, what's pressures or inducements they will be offered and feel, all of that is really uncharter ed waters for us, so the best answer we could give is stay tuned. neil: yeah, so in the first ballot, the so-called super

delegates a lot of the congressmen and women, local government officials, they are out of it but in the second ballot and future ballots they are part of it. that's where your guy comes into the equation right? >> correct. neil: he hopes to woo those superdelegates and change the math right? >> right. his hypothesis is yours, which is that going into super tuesday , we will have an unresolved situation that he hopefully will do well there and be able to make an argument that is a compelling one that he will be a very strong candidate against donald trump, in a way that perhaps the other candidates would not be. neil: how do you think this whole iran situation muddies the waters? i know it's very early, doug but what do you think? >> it is and i've been thinking about it. i suspect you did too, neil. late last night, considering the geopolitical, the military, the strategic and ultimately the political consequences here are

my initial thoughts. in a crisis like this, americans as they rightly should, pull together behind our president, and donald trump, like him or not, is our president. the prospect and possibility that the iranians will respond harshly in the middle east or even closer to home is, i think, real and apparent, we hope it doesn't happen but it could, and we could end up in a full scale conflict. if that happens and that's a big if, who knows how it'll play out , so i think it is going to be up to the trump adminitration in the short-term to explain and demonstrate that we're better off with soleimani dead. none of us will be mourning him and none of us will miss him but we need to be reassured that we have a strategic plan for our defense and for defense of the middle east and i very much hope as a loyal and proud american that that comes to pass.

neil: thank you my friend good catching up with you have a happy new year. in the meantime, the issue here for investors is to stay calm. those that have in prior crisis are richly rewarded. a message from chris hogan on just that, after this. i'm your 70lb st. bernard puppy, 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? whoof! whoof! so get allstate where good drivers save 40% for avoiding mayhem, like me. sorry! he's a baby!

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and turned it into the dna for a better system. we created bionic and put the word out with godaddy. what will you change? make the world you want. neil: all right, if, if, if you are going to the big house how to survive life in the big house , i'm talking about actress lori loughlin reportedly hiring a prison coach to teach her jail slang, fighting skills all of that, to speaking president and ceo john fuller. john, good to have you. >> thank you. neil: i know you didn't leak this in your own case but the reports were that you advised martha stuart i don't want to get in the middle of that but if that was the case, she did very very well, heeding whatever

red advice you might have and befriended many in that west virginia prison. in this case we don't nowhere this whole lori loughlin thing goes but you think she could be going to jail, we just don't know what type of facility right >> no, i suspect because tobey mcfarland played guilty to six months in prison for his role in the parent scheme for $450,000, that you know, her case is a situation where it's 500,000, if she accepts responsibility likely she will serve less than 18 months in prison. neil: but she hasn't yet right? >> no not yet and that's a huge problem because if she decides she wants to go to trial, how is she going to convince a jury that she mistakenly or unknowingly gifted $500,000 to a charitable organization? neil: so let's say she goes to some type of facility, it could be a country club facility, or maybe a more severe one but what

do you envision and what do you think these who are advising her are telling her to do? >> well reports have it that she's taking marshall arts to prepare her, you know, whoever gave her that advice is clearly the worst advice. inmates watch television also, and so she thinks that she's going to go in there and bully other inmates or actually defend herself she's wrong, because when inmates target you deliberately it's never won. i remember the case of what was his name, dargel dixon he was a brazilian jujitsu professor and he was raped repeatedly for hours in his situation and that was someone who specialized in marshall arts. neil: how do some of them avoid it? there was a lot of growing she did and befriending she did, so much so that she returned there to visit and talk to those women

and to deal with them and help them. that was a very different approach. >> yes, because the object of being respected is not the disrespect first and foremost, so if she's with a prison consultant and practicing fighting, then obviously, they are preparing her to be in disrespectful situations and that doesn't happen often in prison camps because people behave themselves down to that particular -- neil: so act like the celebrity you are? >> exactly. be a normal person but there are certain prison" it cut that you simply cannot ignore. you don't simply go sit on someone's bed to tie your shoe because you may be assigned to an upper bunk and this person is on a lower bunk. that's an invitation for sexual advancement. you know, in prison, and so there is certain nuances but she can navigate them if her prison consultant is experienced this. neil: and not doing the bruce lee recommendation. john fuller thank you very very much.

very wise words maybe lori loughlin if you're hearing maybe consider a couple of them. we've got the dow down 166 points, more after this.

neil: all right, stocks are down but you know, not as down as you would think, given the fact that we have escalating tensions in the middle east, and particularly with iran and iran talking about retaliation and reports that maybe 3,000 more u.s. troops are headed for the region and the senate leader, mitch mcconnell, chuck schumer addressing the issue albeit from different vantage points a few minutes ago. take a look. >> he personally oversaw the state-sponsored terrorism that iran used to kill our sons and our daughters and as we've seen in recent days and weeks, he and

his terrorist pose an ongoing and growing threat to american lives. >> the administration did not consult in this case and i fear those very serious questions have not been answered and may not be fully considered. among those questions, what was the legal basis for conducting this operation? neil: all right, the latest now from the white house, blake burman i much prefer blake when you're at the white house by the way. >> [laughter] neil: you did a great job in my absence i understand but i had electrified the chair and done everything i can to make it difficult but you did a great job. >> it's always good to have you back, neil. i speak on behalf of the entire network. i hope you had a happy new year. neil: but do you know what's interesting and i was hearing i know this is political the way they playoff of this and i can remember when chuck schumer wasn't lasting then president barack obama for not exactly telegraphing that raid on osama

bin laden and i know that's how politics goes but this is a little glaring what do you think of it? >> blake: well you heard chuck schumer outline some of what we've heard from critics mainly democrats today talking about this air strike which is what is the legality of it, why wasn't congress informed, what exactly happens from here as joe biden said earlier today he feels the president just said off a tinder box so that's part of what democrats are saying even though they talk about it and openly admit what everyone knows which is this iranian general was behind the killing of u.s. troops for years, and it was behind terrorism all across the globe for decades but what we've heard from the white house today and really republicans as well as what you just heard mitch mcconnell echo there, saying there was essentially an imminent plot going forward. this is what the president said earlier today to take the twitter to justify the air strike that killed that man there. the president saying "general qassem soleimani has killed or badly wounded thousands of americans over an extended

period of time and was plotting to kill many more, but got caught. " the secretary of state mike pompeo earlier this morning as well saying on fox & friends that soleimani was spearheading an imminent plot. listen here. >> now it is important because of the escalations that have taken place, as well as the imminent attacks that cost soleimani himself was planning and the risk of doing nothing was enormous, in the short-term in terms of the imminent attack that qassem soleimani was plotting but also, highly risky. >> blake: now soleimani was killed in iraq where he's been, where iran has been trying to exert more influence. president trump today also tweet ed about that country saying the united states has paid billions of dollars for many years to iraq on top of all else we have done for them and the people of iraq don't want to be dominated and control controlled by iran but ultimately that is their choice

and interesting neil out of iraq today that country has said that what the u.s. air strikes from yesterday once again violated their national sovereignty they said the same thing a few days ago when there were air strikes as well an emergency session of parliament now being scheduled for tomorrow and when you look at how iran might respond going forward, national security sources, neil are telling fox that the likelihood here and nobody really knows, but potentially the next step for iran would involve some sort of a cyberattack. neil? neil: then do we know where these 3,000 troops are headed, sprinkled around the region? >> kuwait i believe. there have been 750 sent into the region and i believe those 3,000 as well, are being sent into kuwait. that brings it up, obviously, to close to 4,000, neil and keep in mind that the u.s. has sent about 14,000 troops to that region since may as i go through lucas tomlinson's note, will be

deploying to kuwait that group was put on alert on friday and now 3,000 are headed to kuwait en route we believe. neil? neil: thank you my friend very very much in the meantime just to how bad a guy this soleimani was, people lose sight of that, interesting article in today's wall street journal, the former commander of u.s. forces to iraq had described him as a truly evil figure. "this was in a 2008 letter he wrote to then defense secretary robert gates acknowledging that the iranian commander's extensive influence in iraqi politics was widespread and dangerously felt. a former executive officer to general petreas, kernel is joining me right now, thank you for taking the time a truly evil figure. what do you make of that? >> well not evil but certainly strategically competent and very calculated. he responsible for the direct killing of about 600 american servicemen, during the iraq war,

wounding about 20,000 others, he's been behind the malitia groups in iraq and syria, and lebanon, he has the portfolio for those three nations. in fact when general petreas and ambassador ryan crocker were negotiating with the iranian counterparts during the iraq war , one of the iraqis got a text and showed it to general petreas and it said i am qassem soleimani if you want to negotiate with anyone over iraq, negotiate with me, because i am the arbitor of that nation's future so this shows you the power that he had in the region. neil: so peter, obviously, these kind of things, being the monday morning quarterback is politics and then to say that he was planning an attack, democrats are saying the administration should have consulted with congress, knowing just the leaks we saw from the impeachment hearings, i don't know whether that might have been the best

route to go. your thoughts? >> i don't think the democrats would have leaked a national security secret. that would be going a step too far, but you know, there was justification for this bombing beyond just what happened during the iraq war. qassem soleimani was behind the rocket attacks that killed the u.s. contractor and wounded several soldiers recently. iraq did nothing in response. then he was behind the assault on our embassy, sovreign u.s. territory, and he was going to continue to ratchet up the tensions in the region because there was no pushback. i don't think he thought that this would be the response but it was, and now we are where we are, so we can expect iranian retaliation. neil: what type of, i'm sorry, what type of retaliation do you envision? >> it could come in many forms. if it's a direct military, i think that would lead to war, i think iran is too smart for that

i think they will get their proxy groups in iraq to attack u.s. interests in that country. there may be some sort of cyber action, but it remains to be seen. they may actually ratchet up tensions in the gulf and attack more shipping so there's a lot of things they could do. the one thing i don't think they would do would be a direct attack on u.s. forces because that would definitely lead to war. neil: and that's something you think they do not want, no matter how provocative they might be and they have been plenty with attacks on ships and regions and oil facilities, that would be a step too far? >> i think they are smarter than that and if it came down to a war it would be one we wouldn't want the u.s. would pummel them. neil: thank you very much i appreciate it. thank you. neil: meanwhile stocks are well off their lows so investors are panicking about this they maybe learn from recent history not to get too panic it, gary kaltbaum, of point bridge capital founder,

hal lambert. gary what do you make of how the markets handle this from here? in the case of the bombing the saudi oil facility, you know, oil prices rocketed, stocks tumbled and it was short-lived, hours and i'm wondering whether the same plays out here or this has a lot of imponderables to it what do you think? >> it's just tough to kill bull markets neil. this is one of the strongest markets i've seen in a very long time. the nasdac is up 10% the last two months not to mention what happened last year, the s&p is up about 7% and the fact that we can rally off of this when we're overdue to correct, overdue to pullback is pretty darn good and even in a day liked to, i'm see ing some names breaking out to new nearly highs, of chipotle , things like that. you wouldn't think that would happen with oil speaking and things like that, so just we remain bullish at this juncture, and we're open to change but it looks like this is an event right now, pretty big event, but

i don't think it's going to change the playing field just yet. neil: you know, we're seeing evidence of that, hal, in the oil markets soaring earlier on, they've paired about half those gains and i'm wondering whether it's the market calming down, doing so prematurely. your thoughts? >> i think the market is calm ing down and i don't think it's premature i agree with gary this bull market has a lot of legs left. we're giving back a little bit of yesterday's gain that's it and in the oil patch you've seen prices come back down from their spike earlier this morning, because people realize the oil in the united states is we've got a lot of oil, and so we can control it. it's not like it was 15-20 years ago where we had to rely on the straight of hormuz, so iran has limited response here. i don't think they can do a lot, more than what they were already doing maybe they could do more attacks and cause some temporary spikes in oil, but i think overall, it's pretty limit ed on what they can do to it. neil: you know gary you've

reminded me over the many years we've known each other that markets of course can't prepare for the uncertainty, don't like uncertainties, don't like black swan developments, anticipate black swan developments, is this a black swan development? >> only if oil gets really out of hand. over a year's time a $0.10 change in gas prices is 10 billion out of the economy, i just don't see it happening. the brilliant jackie deangelis pointed out earlier, we're pumping 12.6 million-barrels a day. we never used to do that and that will keep our prices in check. look the straight of hormuz is important but iran would be killing themselves if they do something there also so i don't expect things to happen. by the way, we're forgetting something very important. we got rid of one of the arguably the number one terrorist in this world that is not a bad thing this is actually a good thing regardless what a lot of the media says. neil: yeah that is a very good

point any other time you'd be celebrating whoever is responsible for the death of thousands of u.s. and supported soldiers. having said that, you know, you could make an argument looking just at the markets that this is yet another reason to keep some cash on the sidelines, if people respond that way it could be a counter indicator, a bullish indicator would it not? >> well i think people have been keeping carbon the sidelines and it's part of the reason this market kept going. there is still a lot of cash out there that can go in and i think people are looking for opportunities like this maybe that's why we've seen some of the rally back from the lows is because people are putting cash in. i know i've put cash in earlier and one other thing i want to say neil is that people need to realize this was not that unusual, you know, president obama did over 560 drone strikes and thousands of bomb strikes. president trump has kept that going. this was a big deal because it was a big target an important target but we've been doing drone attacks and bombings for a

long time for 10-12 years and so people didn't realize this was not unusual. i think it's terrible they are playing politics that say oh, we needed pre-clearance to do this when this has been going on for over a decade. neil: you heard something to that, yeah. he's a bad guy let's put it mildly. gentlemen thank you both very very much so we'll keep an eye on that and oil, gold, an eye on bonds the last three of course have been seeing a pickup in activity, but not doing as well as it was earlier on, and these gentlemen's points they are calming down a little bit. meanwhile the great exodus from the high-tax states nine states looking at some problems because of this, after this. liberty mutual customizes your car insurance,

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relocating some may say the weather but the fact of the matter is the cost structure in a state like new york. it's the high cost of living, taxes are high and there's opportunities elsewhere, so if you have the chance to move an you can move why not move to a texas or florida, or some other state. neil: the weather is one thing but the fact is it's just a lot cheaper. >> exactly, yeah, absolutely. new york is cold, but on top of it, it's very expensive, a lot of things don't work, there is vomit all over the streets it's not a nice place to live. neil: it's not vomit. all right, so you're not a fan? >> no. see look, it's the people that are living in the blue states like new york or california, they don't like the blue state policies that they've been vot ing for, they aren't moving to florida because they love disney world. neil: really? >> i hope not. they are moving to florida because it's less expensive and we're seeing same thing with texas as well. people living in new york and california going to florida and texas because it's cheaper.

what's interesting is that a lot of these people are liberal and they don't seem to realize that they are the ones who voted for a lot of these policies and politicians that have made it so expensive to live in these states in the first place. neil: it's just so prohibitive. >> and kat brings up a good point too in terms of who is actually moving. that matters these congressional seeding is going to change. is it just republicans moving south or southwest and therefore it's going to change the balance in congress? i don't think that's the case. i think that it's purple at this point for that exact reason. >> well i don't think it's a red or blue issue but a green issue. neil: a lot goes to the extreme of saying in texas it could become a purple state precisely because of the migration that involves not your typical republicans. >> exactly and it just makes no sense, that they are saying okay well it's so expensive to live here so i'm going to move and go to texas and vote for the same

thing. neil: so why do you live in manhattan? >> i live in manhattan because of work, and just because i love taking the subway. neil: isn't there an image of you somewhere that you just like new york? the vomit on the streets notwithstanding? >> yeah, i would like somewhere a little cleaner and cheaper at some point, but because of the opportunity here. neil: that's the thing you hear. a lot of people say well you know it's new york. it's new jersey. >> right. >> do people say that? >> yes. >> it's where things are happening. look, neil i love coming in here and being able to see you face to face. that has value. neil: sure. many would die for the opportunity. >> they certainly would so the truth of the matter is you have family here, your jobs here. >> but i don't want to put you on the spot. neil: if you didn't have any of that, would you stay? >> i would not stay. if i could move i would move and let me tell you this, neil.

with my clients, it is a constant discussion, tax planning discussion. how do i get out of new jersey. how do i get out of new york? now, or some time in the future, so it's a serious issue that people across-the-board are considering. neil: yeah, i mean, i have kids that if they weren't so in love with school and everything elsewhere they are i'd be in tim bucktoo. i'd follow you, neil. neil: that would be fun. what do you think? i mean in the end what would push you out the door? >> look, if i have the same opportunity pretty much anywhere else i would be gone already. the amount of taxes that i pay here, i feel like i shouldn't see garbage all over the street as often as i do. what are they doing with my tax money if i'm constantly surround ed by trash? neil: where do you live? >> [laughter] neil: like a dumpster.

>> this whole city is a landfill of garbage. neil: whoa whoa whoa! ex all right, meanwhile, live from new york, anyway. i don't know what chris hogan thinks about all of this. he's coming up to urge a calm about states and where you migrate but about this market and where you navigate. we'll have more after this. in my line of work, i come face to face with a lot of behinds. so i know there's a big need for gas-x maximum strength. it works fast. relieving pressure, bloating, and discomfort before you know it. so no one needs to know you've got gas. gas-x

we were paying an arm and a leg for postage. i remember setting up shipstation. one or two clicks and everything was up and running. i was printing out labels and saving money. shipstation saves us so much time. it makes it really easy and seamless. pick an order, print everything you need, slap the label onto the box, and it's ready to go. our costs for shipping were cut in half. just like that. shipstation. the #1 choice of online sellers. go to shipstation.com/tv and get 2 months free. neil: all right, we're down, we're not down as much as you would think, with talks depending on the media choice of a possible world war iii and this is an over-the-top craziness that is taking out a couple of pretty serious seriously bad iranian military guys and having said that my next guest says probably to be

on the side of caution here and every day millionaires best selling author financial expert, chris hogan, and chris one of the things i love about you is you step back and don't get caught in the moment which is always good or bad. you see it for just the moment it is and the trend, or timeline is your friend so how do you advise people who go into this market after hearing all of the good stuff about what was going on last year, and boom, they face this today. what do you tell them? >> neil i think it's important for us to understand that we've seen this movie before. we've seen turbulent times. we've seen a lot of change and a lot of constants that are going on. i think it's really important for us to acknowledge that emotions are real, but they should never dictate what we're doing and where we're going so i just want to caution everyone just to take a deep breath, and let's look at what's going on. you want to remember your goal. when you were investing the goal was to be able to reach x dollar amount by a certain period of time. i want to remind them to

remember the plan that they set apart. understanding that the goal was to grow money and to be able to understand where we're going and when we expect to get there and finally to revisit the process and that is look at what you're investing in. how is it growing? do you need to make some tweeks and i think by staying with those three things it'll help us to remain calm when everyone else is in turbulent times. neil: they come back and hear that stuff, chris and say all right, it's in a great run, an 11-year bull market, picked up considerable steam over just the last few years with president trump but it's getting long and why should i wait to find out how the end goes. i know there's going to be a sell-off of a correction, or worse so i'm getting out now. what do you tell them? >> well i tell them to slow down because by jumping off too soon you could miss out on continued gains. listen, investing neil is a long term strategy. i tell people you want to save for things that are three years or less, you want to invest in things that are five years or longer so the last thing you

want to do is to make a knee jerk reaction, remove yourself from the market and miss out on all the continued gains. we have to remain calm, clear and collected, not only in what we're doing but why we're doing it and so i would encourage people that are out there if they are hearing all of the things going on with oil, and the military strikes reach out to your investment professional and sit down and have a conversation. you do not want to be an arm chair quarterback trying to make decisions on your own without understanding the long term impact. neil: but it depends on your age right? take me, i'm in my 30s. >> [laughter] neil: okay, not but it's a different perspective for someone in their 30s versus someone not in their 30s so what do you tell them? you know then obviously the same applies even earlier to people in their 20s versus people in their 60s what do you tell them? >> right well neil you look good for 30 i'll tell you tax neil: oh, thank you. >> regardless of your age or your stage you need to understand the plan for your

money. let's be honest even if you're in your 50s it's not like you're at the end of life. life expectancy is 92-94 and they still have a lot of time so i don't think we reach a point to where growth isn't important. we have to keep our mind on our money, and make sure that it is growing. compound interest is our best friend. now you may not want to take as much risk as you've reached certain hurdles or milestones in your investing world but you still want growth. you and i both know inflation is very real. we need to out pace inflation with how we invest. neil: so, inflation that could always be a fear of risk when you look at turbulence in the middle east you say you just have to keep thinking longer term, right? >> long term is the best perspective. you want to understand your short-term game plan but my long term goals are always important and very vital to my overall mission of what i'm trying to accomplish. neil: chris, i know you're a great writer, very smart, you think you'd behalf the success

you are if you didn't have that incredible voice. >> well, i mean, i could probably make it happen if i was a little squeaky, but the voice help, neil. neil: absolutely. chris hogan, always good seeing you my friend happy new year, neil. neil: in the meantime, before things get worse leaders are vowing to eliminate the u.s. in that region, and just eliminate, how do you sit down and negotiate and talk about that? after this. she wanted to move someplace warm. but he wanted snow for the holidays. so we built a snow globe.

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neil: all right we're getting a little bit more details on how we planned to respond to the anticipated response of the iranians to this attack, 3,000 more u.s. troops being deployed to the middle east, following u.s. air strike that killed the iranian general qassem soleimani , meanwhile the fox news pentagon producer lucas tomlinson on the latest and fall out. lucas first of all we do know that democrats have been critical of no guidance or no sort of heads up here. how has the reaction been to that? >> well neil, senior defense officials told me there wasn't time for notifications so we see a iranian general responsible for killing over 600 american troops getting into an suv after he gets off the plane in baghdad there's not time for congressional hearings or calling back here.

a drone was circling overhead. it took the shot and killed not just soleimani, but also muhande s, who was in charge of hezbollah and killed that american contractor so officials here saying there wasn't time soleimani needed to be killed immediately. now soleimani became a fixture in baghdad making a number of recent visits in recent months but this time u.s. military is waiting for the drone overhead. officials telling me as he flew from lebanon to iraq the armed american drone was waiting overhead and shot the missile as soon as he exited the plane and prepared to leave the airport driving in a car. he was greeted by the head of the iraqi malitia which led the attack on the u.s. embassy this week and jennifer griffin's interview who oversaw the iraqi surge, talked about soleimani, who perfected the use of ex explosive foreign penetrate ors which sliced through an american armor with devastating effect. >> qassem soleimani is the one whose been exporting activities

throughout the middle east for some time now, he is absolutely responsible for killing many americans in fact i'd say the last two years i was there the majority of our casualties came from his surrogates, not sunni or al qaeda. >> soleimani didn't just threaten the u.s. troops in the middle east. you'll recall back in 2011 neil that he tried to orchestrate an assassination attempt of the saudi ambassador in washington d.c. and tried to kill him outside a restaurant in georgetown. soleimani himself was not present in the united states but the obama administration sanctioned him in fact he was sanctioned by 2005 but the force was later sanctioned during the trump adminitration. so, right now. there are 5,000 american troops stationed in iraq and many of iraqs parliament are calling for the 5,000 troops to leave. we have more troops going into the region, neil you'll recall the first brigade combat team of the 82nd airbornee was put on alert and just today the officials were telling me the entire brigade will be deployed to join the 750 deployed to

kuwait earlier this week so we'll have about 4,000 more troops in kuwait neil as we await the fall out from this killing of soleimani. neil: thank you very very much. lucas tomlinson, and to lucas' point here, what if those who oppose the president's move have learned later that they could have taken out this guy, and he goes on to attack and kill u.s. soldiers, then he would have been ripped for not doing anything to stop it so it's a damned if you do damned if you don't situation. edward lawrence more on the back and forth playing out in washington on this. edward? >> neil, yeah that's exactly what lucas was refer referring to pentagon said qassem soleimani was planning for attack against americans in the region and u.s. officials say soleimani was responsible over the years for the deaths of more than 600 american troops and contractor, republicans reporting to this as justification for that attack.

>> i think it was his absolute duty to take this action if we have actionable intelligence that soleimani is going to again kill americans and continue to kill people across the middle east, and don't do anything, in action has consequences as well. this was his duty to save lives, and that's absolutely what he did. >> senate majority leader mitch mcconnell says there will be a briefing for senate staffers today, for senators next week. now senator chuck schumer calling on the administration to offer immediate answers about the escalation plans, democrats using this as an opportunity to try and paint the president as tacking a wreckless action. now other democrats say this will bring us closer to war with iran. here is representative tulsi gabbard also trying to be president, listen. >> this was very clearly an act of war by this president without any kind of authorization or declaration of war from congress clearly violating the

constitution. >> gabbard says the tit-for-tat will get a serious response out of iran. house speaker nancy pelosi wants a full briefing for congress as well as what responses the u.s. expects from iran. she says military action like this needs to have congressional approval. neil it looks like democrats very upset about being left out of the communication loop, in all of this. back to you. neil: thank you my friend very very much. meanwhile, if investors are panicking about this they do have a funny way of showing it. we picked this up in just the last couple of minutes but when it comes o tesla, the stock at the car maker is a very different story, after this. you don't use this old thing, do you? no! 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...

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neil: all right, tesla has been doing very very well lately going into the new year after an aggressive end of year, this as the company beats estimates on deliveries, in the latest quarter the constellation research ceo ray wong on tesla's

momentum what do you think, ray? >> yeah, everybody took advantage of the end of year tax incentives and just went nuts and the model 3 carried them into past the 100 k range for their best quarter ever. neil: you know what i was noticing, it's a struggle in this country to see if electric will emerge, and in some countries in norway and elsewhere and in china where it's getting to be a big draw, tesla is a big beneficiary isn't it? >> they are. they have been. in norway, i mean 43% of the market share, what's happening in china, is that they are mandating ev's to be the majority dominant production capacity for what they are doing with the tesla plant being out there in china, you'll see a lot of the model 3s rollout so there's a lot of good news on that front. the only problem is the question will tesla be able to sustain this ev advantage in the u.s. when their tax breaks fall over and other players come into the market. neil: when does that happen by the way? i thought a lot of the more generous breaks were already being dialed back but when do

they go? >> they go now. they started january, so the last of the tax breaks was december 31, but you've noticed that the prooses have gone down so when i purchase in 2012, a model s was about 110 and today, a model s is about 81, 400 so they've taken those oneil: because they were $7,500 tax breaks per-vehicle at the high, right? >> yes. neil: got it. and it's down to 1,850 or something like that. neil: well that makes a big difference more than offsets it. let me get your thoughts too on disney plus, reports that it has at least 25 million subscribers, these are hard to catch, but i thought this just launched less than two months ago, that's pretty impressive. >> it is it's one of the fast- growing subscriber basis, what we saw was disney reporting 10 million at the beginning, there's estimates right now between 20 and 25 million subscribers, we think they are going to get to about 45 million by the end of 2020 because there's a streaming war ahead and that's what people are

worried about. neil: for technology in general, it had an incredible year and the nasdac was up 35%, the nasdac 100 about 50% run-up. that's hard to repeat do you think they repeat? >> neil these are tough numbers to beat but one of the reasons these companies are dominant, they are in what we call digital duopolies and there's no more than one or two players that can compete in each of these markets and this is why facebook is dominant in search, amazon is dominant in commerce and cloud computing is a great example where you see only two players amazon and microsoft going after it hard with maybe google coming after it from behind and so they are highly competitive, highly- built around data and they are very hard to jump in so they think they are doing very well as well going into 2021 but it's not going to be as beautiful as it was in 2020. neil: people did get a little spoiled we'll see what happens ray wong, always good catching up with you my friend be well. in the meantime carlos ghosn,

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some people say that's ridiculous. 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. neil: all right, stocks are down a little bit more than 200 points here, we were off more than 400 for a while when this news just broke overnight, certainly the futures were feeling it and a lot of people were saying it was going to be a worldwide sort of a bear market bath here. even some of the foreign markets down in excess of 2% finished roughly across europe and asia anywhere from a quarter to about half a percent a couple of cases of 1% but even in france which depends a lot on oil, especially from that neck of the woods about a quarter point dip, to making money charles payne on what this seems to be signaling,

charles first of all thank you for your hard work in my absence charles: thank you. neil: but on this reaction of the markets today what do you think? charles: i can't say that i'm surprised, you know, particularly this week, neil, the last couple of sessions have been remarkable in the resolve and for me, the words of the year, for 2019 if the stock market was resolute, just a determination of the final way to go higher so we were limping out at 2019 all of a sudden in the last 45 minutes we rocketed higher and saw what happened yesterday looked like we were going to have a good session but we ended up with the dow up 333 points so there's a lot of pressure to buy these dips right now, there's a lot of pressure to be in these markets and we already saw a little bit of it today and i don't know that goes away you've had great guests on all day long that have talked about the major drivers that just don't go away overnight. neil: you've been reporting for quite a while now, those major drivers like earnings, and you know, lienor companies, you know , this could change the

multiples of the market to look more favorable than they are already, if the earnings pan out the way some suspect. how do you see this year going on that front? >> i think we'll get a little volatility going into so-called earnings season because you're right. we're ahead of the curve. we'll talk about that on the show today, but to your point and what i think is going to happen is we will see strong earnings as strong earnings re bound, 2018 was phenomenon it's going to be a tough year to compete with anyway on earnings but also growth, you know we had a disappointing manufacturing number out today but we had our strong housing construction number out, you know that hadn't been strong for a long time. we get a rebound there, we get buying and ip equipment and things like that, coupled with stronger earnings, and the presidential election year, and while i'm not saying we're going to have another repeat of 2019 i think we could have strong gains this year. neil: all right you know, i get a lot of e-mails when you're on in my absence and this one really hurt my feelings. more, charles, less neil, dump

cavuto, more charles, that was from my wife. >> [laughter] neil: that's so mean. thank you again, my friend. look forward to those. i know that'll make your day. it gets better and better, the guy is an encyclopedia folks. en the meantime former nissan chairman carlos ghosn hiding out in lebanon after pleaing japan but getting high from the legal trouble while there, and what's still remarkable to me is how he pulled it off in the first place , so on this very crazy development, what happened. so he is in lebanon, he might have had help, he didn't have any passports, so i don't know how it all transpired but it did what do you think? >> well it's largely a mystery and he's probably trying to protect his wife so she's not going to get arrested for obstruction of justice. neil: is she with him now? or is she back in japan?

>> it's not clear, but i wouldn't be surprised if she's going to be with him very soon. obviously, they are all going to try to keep a low profile. this was a disappearance and reappearance that would have made hugh denuclearization it jealous and it's really an amazing life if you think about the rollercoaster that he's lived just over the past couple of years it wasn't long ago that ghosn took nissan out of near bankruptcy, increased operating profits by over 250%, he received a special honduras o ray wong it medal from the emperor of japan and he was kind of a hero and then arrested, he was thrown in a prison cell and held without bail for over 100 days, and now all of a sudden he shows up in lebanon and it's an amazing course of events you have to give him credit he sure knows how to beat holiday traffic. neil: i'm wondering there is no extradition, between lebanon and japan, so lebanon, also declares birth rights can keep him but

now you have a number of world organizations that are urging lebanon to give him up. what would lead to that? >> well, virtually nothing. there will be local pressure. there was a lawsuit that was recently filed by attorneys in lebanon claiming he violated some kind of an obscure law over 10 years ago because he visit the israel and that's a technical violation but i don't think it has much traction. it was a very strategic decision on his part. there's no extradition treaty that that country has with japan there was a red notice that was issued by interpol that's probably not followed so this was a very smart and slick move, and now he's really gone from the dog house to the penthouse and instead of facing a trial where criminal defendants in japan face a conviction rate of over 99% he's just kicking back with his family enjoying new years, so it really is a remarkable latest turn on a very historic life of a ceo that has

been very very successful and gone through the extremes of the highs and lows. neil: yeah, boy this is a novel if ever there was one. we'll see what happens, seth thank you very very much. >> you bet. neil: all right, right now down about 270 points on the dow, airlines, cruise operators, anything and group that depends on energy prices that are moving northward, well they are going southward. more after this.

215 points down. bringing 3000 u.s. troops to the middle east region. senator marco rubio morning i ran was indeed plotting in iraq after the direction of the iran supreme leader. we will hear from marco rubio on your world on fox news at 4:00 p.m. eastern. to get their take on these

department and the democrats are saying they were given a heads up and they find that very offensive. what if they add in this environment where elites are routine, then what would've happened? then the question you have to ask yourself, if they are second-guessing saving the sky and killing the sky, in the hopes of other accomplices, what, if they didn't do that and there were attacks on american soldiers and we knew and had the ability to take them out and we didn't do anything, then but what they say? >> that's where politics comes into play. fair, if not balanced, not right. >> thank you and great to have you back. i'm charles payne and this is "making money". breaking this moment, is after the u.s. takes on iranian president. university masterminds has been

a political debate right here at home. the impact on the thing. where does the u.s. foreign policy expand at this moment? we are going to speak with him about al qaeda and troops forces back years ago. on top of all, we are going to discuss how new voting members will impact race and your portfolio. we got a big show, buckle up. "making money" starts right now. ♪ iran's supreme leader calling for vengeance after the top commander was killed by a drone strike in baghdad. moments ago, yours officials announced 3000 u.s. troops are deploying to the middle east. look at the latest from the pent