every now and then you get a little cautious about this thing. scott, rob, thank you both very much. appreciate it, guys. right now, dow is down 86. s&p waffling back and forth. nasdaq slightly higher. the last hour of trading is always fireworks. liz claman, hand it over to you. liz: we say it all the time. it's not how the markets open, it's how they close. charles: exactly. liz: well, it only took 37 trading days for the dow to sprint from 28,000 to 29,000. it hit the magical mark at exactly 10:05 a.m. eastern time as stocks hit fresh all-time intraday records but now, we are really going to need to see a final hour scramble to close there, as we head into this final 59 minutes of trade. the dow is down, we have seen a reversal, down 87 points. the s&p down 3, the nasdaq losing 5. a day after team trump hacked away at red tape to ease the rebuilding of america's crumbling infrastructure, one 2020 candidate has rolled out an infrastructure package of his

own. robert wolf is here on pete buttigieg's $1 trillion plan. what's in it? we are going to explain. plus, the man at the helm of the company known for its audio quality is speaking loud and clear at ces about the trump trade war. harm harman's ceo on the impact on his company days ahead of the signing of the phase one trade deal. plus carlos ghosn, the video game, is here. charlie breaks it on visions of saudi grandeur and tesla for thousands? less than an hour to the closing bell on this friday. let's start "the claman countdown." liz: breaking news. the long-awaited ipo crowd moment privately held mattress maker casper sleep just filed for its initial public offering. they plan to list on the new york stock exchange under ticker

symbol cspr. morgan stanley gets the nod as lease underwriter. casper incurred net losses in 2018 of $92.1 million, but it has more than 1.4 million customers. this filing of course comes on the heels, though, of a roller coaster year for a number of other e-commerce firms that have gone public, including revolve, the real real and chewy, all of them lower right now today. speaking of coasters, six flags stock kind of trading like one on the downside. the theme park giant plunging to a 52-week low, down 18, call that 18.66% after warning of a fourth quarter revenue miss. but here's the really worrisome news. it's slamming the brakes on building parks in china after six flags chinese partner defaulted on a deal it had with the company. nectar therapeutics skyrocketing on news it's bolstering its cancer treatment deal with bristol-myers squibb. both companies will expand their

ongoing joint trials to test a new treatment on two more types of cancers beyond what they are testing it on. bullish calls on nvidia, citi adding the chip maker to its positive catalyst watch list and bank of america raising its price target on the stock, citing data centered demand. nvidia up to $244.90. if you look at the three year, one year chart, nvidia is a total winner. clowns and monkeys. these are sdridescriptive wordsa good day but devastating for boeing. damaging e-mails relating to the 737 max jet in process of being built were released by boeing to the federal aviation administration. what do they show? they show employees ripping the plane all the way back in 2013. one of them reads quote, the 737 max is designed by clowns who are in turn supervised by monkeys.

two 737 max jets crashed within months of each other, killing 346 people. the stock is down another 1.66%. we have an iranian news agency just in the last few minutes reporting that iran promises it will release the reason, this is their words, the reason for that crash of the ukrainian airliner earlier this week tomorrow. the airliner was a boeing jet. the crash is part of a flock of black swans landing on the markets in just the first week of 2020. today, the u.s. slapped more sanctions on iran in retaliation for what started all this. the iran missile attack on two iraqi bases where u.s. forces are stationed. the missile attacks came after the u.s. launched an air strike, killing top iranian general qassem suleimani, known for planning all kinds of devastating attacks on u.s. outposts. and the u.s. and its allies say they have evidence iran accidentally shot down the ukraine airline boeing 737 plane

that had crashed. in this final hour of trade, let's spin it forward to next week. we have big bank earnings, we have big tech hearings and official signing of the phase one trade deal with china. that's wednesday. we bring in our floor show traders. guys, any black swans that you see lurking ahead or will it be clear skies? tim, start with you. >> well, look, i think that the big rally we saw in the last two months of 2018 was really a multiple expansion rally. now the s&p 500 has gotten close to 15.5 on the pe, that's fine, nowhere near bubble territory but is a little extended. now what we really need to see is improved earnings growth and guidance for more improved earnings growth throughout 2020. we had three very difficult earnings quarterly comparisons, quarters one, two and three this year. this is going to be an easier comparison. earnings will probably be up maybe 6% to 8%. we want to see guidance to that

effect going into 2020. liz: okay. guidance, right. chris robinson, from earnings to i guess the economic data, how is it that we continue to see this very strong jobs market, we got the december jobs report out today, okay, it was a miss by just slight numbers here, but we still see a very firm jobs market. we saw a gain of about 145,000, the expected was 160,000. anything worrisome you see here? i guess i'm thinking about wage gains, which were tiny. >> right. that's the question, is 2020 going to be the year we are finally going to get inflation. that's been the one missing link really for the fed. you know, it would be nice to see, you know, the wage inflation for certainly -- liz: in fact, can i interrupt you, chris? >> yeah. liz: just to put it in perspective, wage gains for the month, three pennies. we wanted to kind of illustrate

that for you. three tiny pennies. that's so interesting and kind of upsetting, you know, you need to start seeing people get paid a living wage. >> absolutely. so that's what we are going to watch for the first quarter and again, this is an election year, there's a lot of what-ifs out there. if you look at the market, this market has shrugged off everything thrown at it, right? that's unusual, at some point i'm sure we will get a correction. the thing i would really be watching, watch the u.s. dollar. everybody keeps talking about if the dollar weakens, that should help our exports and we were just there, we were at a six-month low last week. i would watch that dollar very carefully. liz: okay. we are. the dollar has actually gotten stronger but how many dollars people make, it's about an increase of three pennies this time around. thanks, tim. thanks, chris. have a good weekend. we appreciate it. all right. so just 24 days until the first official litmus test of the 2020 presidential elections, the iowa caucuses. former vice president joe biden, former south bend indiana mayor

pete buttigieg and vermont senator bernie sanders in a virtual three-way tie. according to real clear politics averages of iowa polls. pete buttigieg grabbing the spotlight in the past couple of hours with the unveiling of his trillion dollar infrastructure proposal. this just a day after the trump administration announced new moves to help fast-track the rebuilding of america's crumbling infrastructure. i spoke right here yesterday in a fox business exclusive with commerce secretary wilbur ross about the move. >> the rules have not been really reviewed for over 40 years. this will simplify, it will make faster, make less paperwork and a lot less expense. liz: what's in pete's plan? how does it compare to all the others out there, including president trump's? former obama economic adviser robert wolf here to dig into it. i guess pick it apart here. it's a 17-page plan. some of the things that i noted

in it, it loops in state cities, local governments and the claim it will create six million jobs. what else? >> it's a great plan, probably the best i have seen out of any candidate. why? because it really gets at, in my opinion, infrastructure broad based. it gets into fiberoptics. it gets into putting fiber into rural areas, into the schools where we need it. it gets into water treatment centers. he has a whole thing about making sure we are drinking clean water, ridding the lead. that's a great thing. he also gets involved with the autonomous idea of making sure traffic and vehicles, that we are ready for 21st century solutions for transportation. it's a great plan. not only that, he intersects public/private partnership so he gets the private sector actively engaged. very smart. liz: let me talk about the lead you mentioned. instead of saying, you know, what some republicans are pushing back on and what president trump has done which was cut regulations over at the epa, he is sort of -- appears to

transform it into jobs by saying he's going to replace three million lead water lines. who could be against that? i haven't heard that before. that part of the infrastructure. what about the highway plan? because he got very specific in all of that, and i just want to let our viewers know, he said he will reinflate the dwindling highway truck kitty which is shrinking. >> the build scenario. liz: you got to explain this. raise money with highway user fees. is that sort of charging people on a miles traveled fee? biden is doing that, too. >> well, there's a few things we have to first take -- remember the great infrastructure week a year ago by president trump that was going to spend $2 trillion? that's gotten nowhere. part of the reason it's gotten nowhere, they can't pay for it. the thing i like about pete's plan, he's paying for it. liz: he's paying for it by rolling back the gop tax plan -- >> parts of it. parts of the tax plan. liz: you think people are going to like that? >> the idea of how it gets

implemented is more important because right now, infrastructure, there's $4 trillion of needs in infrastructure. we have a "d" infrastructure rating by the engineers. i remember the joke sign people were scared to put up, be careful to cross this bridge. we have been speaking a decade on this. i wrote a decade ago with laura tyson in the "wall street journal" the need for national infrastructure bank a decade ago. we need it more today than ever. infrastructure is something we live with every day. liz: both sides want this. >> it's the only bipartisan thing, you get the unions, the chamber of commerce, republicans, democrats. the idea that we are still talking about it is crazy. i think mayor pete has a great plan. liz: let me throw bloomberg at you. he just walked out live in atlanta at a campaign plan. where does he stand? in one poll he jumped right up to i believe fifth place. this is a guy who knows how to put together plans and implement them. >> yeah. to use market talk, don't ever short mayor bloomberg.

okay? i saw him a few weeks ago and i heard his vision of how he sees the presidential election going. listen, he's trying to do something no one else has ever done, skip the first four primaries and go right into super tuesday, where we go from 4% of the delegates to 34% of the delegates. his view is that's where the new wave of the election's going. listen, there's no question his money and his expertise is going to be disruptive. liz: let me talk about money and making sure that all things are free, which is bernie sanders' plan. he is first in new hampshire, pretty much first in iowa as well. one of the top influencers for millenials, emily ratakofski, a model, drop-dead gorgeous, but also an activist. she has just come out and endorsed bernie sanders. in fact, she wore a teeshirt that said free college, it said

free everything. i don't know how we pay for that. but bernie's still in the lead at least in these two areas, the primary and the caucus. >> yeah, i wouldn't use lead as the word. i would say that the populist left lane is still around 40%. the moderate lane is still about 40%. and we are not sure where that middle 20 is going. if you look at the polls that fox put out yesterday, you have the vice president, former vice president biden up big in south carolina, up big in nevada, and right now, you have three people, mayor pete, senator sanders and former vice president biden all within, you know, 2% of each other in iowa and new hampshire. so two weeks is a lifetime but whatever happens in iowa will decide how new hampshire goes. let's recall, bernie beat hillary by 60 percentage points in new hampshire. he's only up a few points now. i would say it's kind of -- and that's his neighboring state. i would assume he would expect to do better. liz: but that supermodel has a voice. she's got 25 million instagram followers. you don't count people out.

>> absolutely. these influencers are somewhat impactive for advertising but i don't think they make a difference in the election. liz: robert wolf, thank you so much. >> love being on "the claman countdown." great job at ces. liz: thank you. it was crazy, right? >> great job. really great. liz: all right. forget the dow and the s&p for a moment. one of the newest kids on the market block going above and beyond. with 46 minutes before the closing bell rings and the dow now down 105 points, fake meat maker beyond meat having its best week since july, cooking up a more than 28% gain over just the past five sessions after mcdonald's confirmed it would be expanding its canadian plt test featuring plant-based beyond patty, lettuce, tomato sandwich. competitor impossible foods causing a big stir at ces where i got to taste the company's all new impossible pork slider with pat brown, the founder and ceo of impossible.

it's a pigless sausage set to be featured in burger king's impossible sandwich. impossible foods not the only rock star pumping up the volume at ces. up next, the company whose display was too big and loud for the biggest tech show at the convention center so they moved it to the hard rock hotel. harman international blowing the roof off "the claman countdown" next. ence. we can spend a bit now, knowing we're prepared for the future. surprise! we renovated the guest room, so you can live with us. i'm good at my condo well planned, well invested, well protected. voya. be confident to and through retirement. doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life.

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♪ liberty. liberty. liberty. liberty. ♪ liz: it's all about the sound, right? harman international, the parent company of jbl and akg audio usually known for its amazing sound, but it had a lot more that it's getting into this year at ces. so much, in fact, had to move its entire display from the las vegas convention center to the hard rock cafe just to fit it all in. multiple cars, huge speaker towers. ceo dinesh paliwal gave me a behind the scenes look at it all from getting bmw ready to hit the highway with 5g technology, harman's bread and butter is their world-renowned bluetooth speakers sure to light up any room or pool. the jbl pulse speakers, waterproof, flying off store shelves. as of last year, paliwal says

they have sold more than a million of those speakers. of the latest nvidia gaming, headsets. they are launching jbl quantum, video game headsets designed by gamers for the crazy ultimate gamers. not my son. i won't let him have it. as the company is setting its footprint into the growing world of e-sports. the quantum will sell for $299. but the podcast in a box, look at this thing, allows podcasters like me, my everyone talks to liz podcast, to just pick up and record with studio quality audio on the go. or maybe even future podcasters, they get that start for just $299. podcast in a box. but the trump trade war, particularly with china, was one of the hottest topics among the movers and shakers at ces or at least coming to the end of it, many of these companies hope. harman, like many other major tech companies, have huge operations that at least are touched in some way, assembly

line, whathave you, through china and with the phase one trade deal signing just five days away, i asked dinesh how the trade war has impacted its business and how quickly he can turn around that impact. >> i've always said i am all for free and fair trade so i give credit to our president for standing up to china. come on, level playing field for everybody. but tariffs are no good. in the end, american consumers like you and i will end up paying the tariffs so i hope this is a short-term initiative to bring china and other countries to the table but in our case, we have a supply chain in china, supply chain in north america and europe so i think we will minimize the impact. however, consumer products and products which are coming from asia, we have to pass on the increases in cost due to tariffs to the consumers. liz: have you done that? >> we are trying to find ways not to pass it. trying to mitigate it. liz: phase one is done.

can you stop that process? >> if phase one is done, then we can minimize because we are trying to adjust to vietnam, to other sources so we can avoid passing the cost to american consumers. liz: we were just at the pulse tower for the smart speakers. how close are we, dinesh, to having alexa actually take over robotic moves in cars, whether it be steering, braking, acceleration? >> i think that's a very complex question. i'm glad you asked that. consumer products on its own are wonderful but when it comes to cars, it's a whole new game. we really have to develop and test all these applications in the car. that's what we're doing. so good thing is, i have a technology council which has top people from amazon, from google, from microsoft, from automotive so we are bringing in experts. the fact is no one company, whether it's google, amazon or samsung or harman, we cannot do it alone.

we have to collaborate. we are doing it and they are learning how complex car is. liz: these screens, you can look all over, you got it right here in the divider, you have the dashboard, you've got the screen in the middle, the sides, there is the question about distracted driving. we get this all the time. this is all very good, but we have seen problems even with auto pilot technology, where people are looking at a movie or games or fooling around, i mean, karaoke? what do you say about the safety issue? >> first of all, you have to make it ai-based voice. you should not be touching anything and just talk to the system. that's how this car is equipped. artificial intelligence, voice command, everything is driven. you touch the safety, very near to my heart. in u.s. alone, last year, we lost $1.5 trillion worth of gdp due to accidents, productivity loss sitting in a traffic jam.

imagine if we can solve that with the proper safety and designing without distraction the car experience, even half of that will add $750 billion to u.s. economy. globally that number is 1.5%, 2% of gdp. so the important point, this automation is critical. we only starting this 5%. 95% of the time cars are sitting in a parking lot or garage. so we have an incredible road ahead of us through machine learning but 5g the biggest technology and now we are seeing it happening. yesterday bmw announced with harman the first ever car, 5g, coming in '21. by '22 you will see almost 75% of the cars deployed with 5g technology. liz: but don't we need the towers to bounce off? that's the issue. chicken and egg with 5g. >> you are absolutely right. the structure has to keep up. this is where public/private partnership is coming.

liz: will, but it's not there yet. >> it's not there yes. liz: you can find all the exclusive behind theste scenes interview at lizclaman.com. don't forget to check out our twitter page. we have more than 99,000 followers. tell your friends. we'll be right back. and etfs ar. and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk

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gerri: i'm gerri willis with today's fox business brief. the company that performs surgery on a grape, remember that, it's hitting a new record high. shares are jumping after the company issued a preliminary report showing a 22% jump in fourth quarter revenue driven by 19% rise globally in procedures performed by its flagship robot system. yes, it does. the stock currently trading at 2.47%. urban outfitters the latest brick and mortar retailer to see a lump of coal in its stocking this retail season. the retail chain saying sales rose only 2.9% in the last two months of the year versus the 5%

pop in sales during the same period last year. shares now lower by 4.8%. and grub hub leading -- leaving investors dissatisfied this friday. denying a report in the "wall street journal" saying the company was considering a possible sale among other strategic options. grub hub down 5.3%. up next, liz talks to the analyst behind the tesla price target that is leaving all others in the dust. "the claman countdown" coming right back. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology...

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liz: folks, i need you to turn your attention to the screen. market just hit session lows moments ago. this is not a massive selloff by any stretch of the imagination but the dow is down 132, session

low 135 to the downside. s&p minus 10. that's the low. nasdaq, i believe minus 28. right now it's at minus 28. so we are watching this very closely but at the moment, it's not the worst thing after hitting record highs. all right. it did not take long for this smash and burn rollout of the tesla cybertruck windows to, yes, on the right side, ceo elon musk dancing a happy jig just days ago in china. shares of elon's electric vehicle powerhouse up 42% since the november 22nd cybertruck drama. our next guest thinks this epic ride to new records is only the beginning of a surge that could see elon's electric empire skyrocket to out of this world levels. global equities research managing director is making a wild call on tesla's stock right here, right now. trip, make the call.

>> definitely. the new decade belongs to tesla and this is $4,000 price target by december 2030. tesla is a technology phenomenon, bigger than even iphone. think about it. the past decade saw people lining up for iphones. this new year eve, people lined up to buy their teslas. nobody has seen anywhere on the planet people lining up to buy teslas. coincidentally, this holiday season, not a single line was for iphones. the new decade belongs to technology conglomerates and tesla is a technology conglomera conglomerate. liz: okay. you are making your case.

i get it. but doesn't the history of tesla and the future of tesla need to be surrounded by its ability to fill orders? that seems to be the issue. they've got to ramp up rolling these things off the assembly line. i know he's doing that now in china, but you know, if you're going to feed that waiting list, whether it's the cybertruck or the model s, don't they need to speed this up just a bit, and $4,000 seems a little extreme. you've got shorts swirling around this company. yeah, they're getting stepped on but one day they might not. >> i think the key here is to keep a very big eye, that's a very myopic way to look at the company. what we have to think about is how many giga factories can tesla bring online over the next two to three years? we have seen they have giga factory one, giga factory two and have launched giga factory

three in china. giga factory four is coming. these are the modern generation monuments. these are the wonders of industrial world. i should say technology world. each giga factory by itself is at least valued at $50 billion. what it brings is economies of scale, scope and efficiency which no other company can even count. liz: listen, i'm a believer in elon musk. i have watched him from day one. i think it's great. and we want an american company to be at the forefront of evs, but listen, just this last year alone we had three unicorns go public, everybody was pounding the table on them. you say three of these companies are now at least in the future going to sort of hit zombie company status. who are they? >> if you think about the last decade, last decade was all about apps. you had uber, you had lyft, you had pinterest. these all are yesterday's stories. an app cannot be a trillion

dollar company because the new world is all about technology innovation and multiple industries, for example, tesla has innovation in battery technology. so what you do is to bring these technologies together and fuse it and create new breakthrough products which you and me have not even imagined. liz: i have to say that these companies are throwing everything they can at it. they are trying uber, coming out with uber eats. peloton is expanding into treadmills. we will be watching it. great to see you. thank you so much. calling tesla at $4,000 a share within ten years. so much innovation, when you think about it, electric vehicles, big talk at ces, but one of the coolest things we saw was the uber tag team with hyundai for its flying taxi service. it is all electric, it can hover and then cruise. we exclusively landed the first ever tour granted to a television network at the future home of the las vegas raiders,

al allegiant stadium. lenovo had me flipping out over their foldable laptop. you can throw this thing around and it is not fragile, it is durable. yeah, you saw me throw it. but samsung not to be outdone, unveiling its foldable cell phone, 4g, 5g. the 4g is sold out here for the u.s. 5g is not ready for this country but they will have you flipping your new tv, paired with that phone. it's the new samsung, it actually turns around to portrait area, like for tik tok or instagram. it's definitely the tv for millenials. you can tap your samsung phone on it and it will automatically twirl to portrait or you have an apple, you can use the remote. lg pushing the limits of television with its new razor thin screens that roll up like a curtain or carpet into a sound

bar so you don't have to look at it all the time. only when you want to watch the cleveland browns kicking butt. stop laughing. what? closing bell ringing in 20 minutes. dow down 146. up next, the story of auto icon carlos ghosn's escape from japan may be one for tv but one company thinks the epic tale will be great for gamers. carlos ghosn, the video game, when "the claman countdown" comes back. great riches will find you when liberty mutual customizes your car insurance, so you only pay for what you need. wow. thanks, zoltar. how can i ever repay you? maybe you could free zoltar? thanks, lady. taxi! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

liz: this just hitting the wires. general motor announces that it will be reviving the hummer brand. remember humvees? an all electric hummer. it will come with a new commercial campaign advertising campaign led by lebron james.

it's set to debut, this commercial, in the super bowl, of course, right. where else would you debut it for all the eyeballs. that of course will be live on fox. fox has the super bowl february 2nd. the pickups and suvs are set to go on sale starting in late 2021. yes, an all electric humvee. guess what? we will be there. "the claman countdown" will be at the super bowl because it is a huge, huge business story and of course, sports, business, money, got to love that. weel a'll be there. gamers beat hollywood to the punch. carlos ghosn's japanese exit a week ago is the plot apparently of a video game about to be released in japan. the game is called ghosn is gone. they have apparently purposely misspelled ghosn, but ghosn is gone. according to a teaser video on the platform steam, wasabi sushi studio will release the game that features a character called

loscar gone who is seeking to slip through the narrowest of gaps to escape japan using everything from bribes to, yes, hiding in musical instrument cases. we just want to let you know it's not quite yet known if the game is actually real. that platform where it was shown so far not commenting on the video which some believe could be just a parody poking fun at the former nissan chief's escape from what he has labeled a coup to take him down. connell, you just can't make this stuff up. connell: yeah. people trying to make a few yen anyway they can. that story, unbelievable. coming up on "after the bell" we have a numbers guy on. we talked a lot about liz warren, bernie sanders and their wealth tax proposal. doug has done some research at his own think tank running the numbers and they are brand new, new figures on how much not only they would cost to people who have a lot of money, millionaires and/or billionaires but people who have nowhere near that amount of money.

plus we will have all the closing numbers, our latest on iran and all the rest of it when melissa joins me at the top of the hour. liz: well, we saw it cross 29,000 for the dow. it's not there now, though. you never know. could be a sprint to the future. up next, at this time last year, saudi arabia's leader mohammed bin salman was knocking on doors and could not get an audience with anyone on wall street. we wanted to touch that but that's a different story now, as one major mover envisions swinging the door wide open for the crown prince. charlie is about to break it. and dow 29,000 looks like it's kind of out of the question at least today, with the closing bell just 12 minutes away. now we are down 137 at 28,819. keep it here on "the claman countdown" to see maybe we make a run for the green border. and etfs are commission-free. and when you open a new brokerage account, your cash is automatically invested at a great rate.

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we are eight and a half minutes away from the closing bell. stocks may be in the red right now, but still closing out the first full week of the new year with gains. for the week, we put it on the screen, the dow just a little more than up half a percent. s&p 500 up nearly 1%. look at the nasdaq, up 1.7%. the tech-heavy index by the way on the verge of wrapping up its fifth week of gains in a row. to the power couple at the helm of softbank. can you wait? charlie: sorry. sorry. can't help myself. liz: oh, my god. charlie: very well. liz: okay. to the power couple at the head of softbank. it may have been tested this year, but insiders tell fox business the pair is still standing strong. the big mouth charlie gasparino here now. charlie: by the way, the two guys there was masayoshi son, head of softbank and the head of the vision fund. lots of talk lately. we are hearing from a lot of sources that cover the tech fund

investing. mr. misra could be out, he's on the rocks with his boss, masayoshi son, the head of softbank. this is what we are getting from inside the company and you take it for what it's worth. this is what i'm hearing from my sources in there. i will tell you why i believe a lot of this in a second. misra is indicating that he is not stepping down. he's telling people that he has a strong, still strong alliance with his boss, masayoshi son, and here's what's getting interesti interesting. there was a lot to talk about, the saudis and abu dhabi, the two pension funds which were anchor investments in the first vision fund, the same one that went into wework and other, had some debacles, had some very good years as well, that they may be balking at a second vision fund which he's raising right now, mr. misra is doing. we understand that at least help is telling people, he's increasingly confident is what he's telling people that he's

going to get the saudis and the abu dhabi pension fund, that he's increasingly confident he's going to get them into the second vision fund. the crown prince mohammed bin salman, yes, right there, mbs, doesn't do major investments without, you know, it's usually a big deal. it's usually, like it's multi-billions. we do understand that he's working with trying to get better terms out of mr. misra and the second vision fund after some of the problems with the first vision fund, particularly the wework debacle. but that's where we are. so okay, it's out there that this guy's in trouble. i'm hearing that he's telling people he's not. he's increasingly confident of getting those two big investments. he is tightening up the ship, so to speak. they are, you know, they are stopping some investments they got in in the past. there has been some press on this. like some of these startups that, you know, they were funding, they decided not to

fund, there was some sort -- liz: they overfunded wework. charlie: listen, because of wework, there are -- there's some pullback on that. no doubt about that. i keep getting wrap but please let me finish my thought here. what we do understand is that they are implementing tougher standards, and next couple weeks, watch what comes out of vision fund. do they get the saudis? that's a big story if they do. i'm hearing, at least this is what mr. misra is saying, he's increasingly confident, like 90% sure he's going to get both. now, maybe it's, you know, irrational exuberance. i don't know. maybe it's dr. evil. liz: we will watch it. good stuff. charlie: if my aunt had you know what, she would be my uncle. you know that saying? liz: no, i actually don't. you guys, jerry, to you. what is he talking about? charlie: why are you saying

that? liz: charlie is still talking. take it, gerri. gerri: let's talk about what happened in the markets. the dow weekly leaders. apple, goldman sachs, mcdonald's, apple up 4.4%. this stock has been on fire. we have no fewer than five broker dealers raising their price targets on this stock. basically what they are doing is chasing it higher. goldman sachs understand the ceo said this week this is a $400 stock, they are reorganizing their businesses, trying to be more transparent. mcdonald's are trying to curb their party culture. who knew. they are also going after digital customers in a new way. again, these stocks getting a lot of price target upgrades. the dow weekly laggards, talk about them. walgreens down 8.5%. as you can see, 8.19%. this company has had roughly flat growth, not good. chevron down 3.5%, verizon down as well. i will give you -- okay. i won't give you s&p laggards.

back to you, liz. liz: thank you very much, gerri. thank you for saving me. gerri: you are most welcome. liz: markets are set to finish off the lows of the session, but doesn't look like dow 29,000 for the close. we've got just under about three minutes to go. let's bring in griffin capital president randy anderson. randy, on a day like this where we saw another all-time record for all three major indices, it's no real shocker that we see people taking money off the table. it's the smart thing to do, right? >> it's interesting. trees don't grow to the sky. it's pretty funny when you take a step back. in 2017, everything worked, all the global markets were up. in 2018, it was deemed the year that nobody made any money. then we walked into 2019 and everything just kind of worked again. the funny thing is, that's why i'm such a proponent for diversified portfolios, '17, '18 and '19, nothing fantastic but core solid high single digit returns on core real estate. good income return. i like to get away from the

behavioral aspects of it. we are in a relatively good economy but it's a slow growth economy. we started to see that this morning with the job numbers. we have been kind of in that 1.5% to 2% gdp growth mindset for awhile. we think it's a great time to stay diversified. we still think there's room to go in the overall market. i see why people are taking some money off the table. liz: sure. that is a perfect thesis, but may i just push you on certain things. >> sure. liz: there are those investments at the start of a year where people don't seem to really look at them and then they miss out. gold was a great example. gold went on a tear this past year. we could show a one-year chart and at the moment, okay, so it's down about -- barely today, call it -- well, yeah. so when you see it still at $1560, when i went on, you know, hanukkah christmas vacation, it was at $1490. what's that investment you predict for this year? >> you know, it really is i think about being in a real asset situation, although the

economy is growing relatively slow, we are likely to start seeing some mild inflationary pressures with wages, even though the job market's cooling, we are starting to see some upward pressure generically on wages. we have also seen other pressures due to the trade wars. i think a lot of hard assets will be quite good. it kind of goes back -- liz: like what? >> you want to be defensive. listen, we like real estate, we like infrastructure, we think some alternative credit where you are actually taking credit risk, not necessarily trying to predict where interest rates are going because with all the geopolitical risks out there, you got fed potential intervention, if you can underwrite good core companies liz: that's great to see you, randy, thank you very much. >> nice to see you. liz: randy anderson from griffin capital asset management, folks here we go. stocks cannot hold the record intraday highs, the dow at one point crossed that 29,000 level at about 10:05 a.m. eastern time , retreated, and still, we're at 28, 826, and falling

130 points, s&p down 8 the nasdac down 23 but the longest economic expansion continues next week, folks, the trade deal is apparently on track, signing phase i is wednesday have a great weekend. melissa: a wild day on wall street the dow crossing the 29,000 mark for the very first time, but then sailing to close over that milestone. the dow ending down 131 points, well off earlier highs, amid renewed tensions with the middle east after u.s. imposed new sanctions on iran, we crossed into that territory and we lost it. i'm melissa francis happy friday connell: i'm connell mcshane welcome to "after the bell" the s&p and the nasdac up in the red but all three of the major averages earlier were at all times high, before we pulls back so let's talk about how all of that transpired fox business team coverage on a busy friday with blake burma a