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tv   Cavuto Coast to Coast  FOX Business  January 16, 2020 12:00pm-2:00pm EST

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john layfield, lisa boothe, kennedy, lauren, ashley, one and all. yet again. a rock and roll show where it is all happening, live television. you guys do a terrific job. thank you one and all. neil, it's yours. neil: that was live? thank you very much, my friend. we are live as well following latest developments. you know what is stunning about what's going on, the market racing ahead here as the impeachment stuff is happening. as we're getting word from government accountability office said the white house budget office violated what i had shut be doing when it came to military aid with ukraine withholding that. omb responding, this is none of your business. then the most telling of all, interview last night on msnbc with rachel maddow of a key player in all of this essentially saying everything you heard from the administration is a lie. take a look.
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>> president trump knew exactly what was going on. he was aware of all of my movements. he, i wouldn't do anything without consent of rudy giuliani or the president. it wasn't just military aid. it was all aid. basically the relationships would be soured. several demands at that point. the most important one was announcement of the biden investigation. neil: consider what lev parnas was saying and accusing rudy giuliani of, president of the united states, and by extension the vice president of the united states, that they were misrepresenting themself. this was not going after corruption in ukraine, individual event by individual event, visit by visit, it was all to get dirt on bidens. a lot of people dismissed that, including white house press secretary, this is guy is trying to do being attractions to reduce time in prison.
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the surgical interview rachel maddow conducted last night, whether you're a fan of that rival network, did present in a way the arguments, this was about chasing corruption, one straw man after another was knocked down. the reason i put this in context, the markets don't care. they like the usmca deal scored today. we will have numbers, likelihood president signs it. they like what is happening on china trade front, a deal signed with the chinese. two biggest economic members of the planet will not battle it out. how fast this senate impeachment trial can go, it is a like a collective shrug. it is amazing and maybe they're prematurely shrugging. judge andrew napolitano, what this is saying, the overall government report that now conflicts with how the administration has presented that aid to ukraine, that according to the gio was indeed
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held up longley. what do you think of it. >> the gao report is damning of the office of management and budget which is an arm of the white house t basically recounts the department of defense, the department of state said hey, where is the money? russians are killing uranium soldiers. we need the money. the office of management and budget deceived their own department of defense and department of state saying that the money isn't ready yet. the conditions haven't been met yet. what conditions? well only congress can impose conditions. you see what the office of management and budget forgot, is that an appropriation statute is a statute like any other federal law. under the constitution only congress can amend statutes. the president can't and bureaucrats can't. so by holding up this money and lying about the reason for holding it up, if that was orchestrated by the president, this mrs. pelosi has another
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impeachment offense on their hands. neil: be that as it may, the administration argument they were not holding up anything. ukraine got the aid regardless. stephanie grisham, white house press secretary, all the allegations made by a man currently out on bail for federal crimes. he is desperate to reduce his exposure to prison. you're not a market guy, fortunately you're just a brilliant lawyer, do you think that is why there has been this collective shrug? >> i think there has been a collective shrug the perception in the market, the legislation the senate is voting on likely to pass the next few minutes is positive for the market. neil: far more important than anything could potentially extend this impeachment hearing? >> correct. neil: do you think it will? this stands, when i was watching rachel's interview, my immediate response was listening to it, well, this doesn't help those who don't want to interview anybody. this doesn't help the cause of those who don't want any witnesses. >> this is a witness who has piqued curiosity of both
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republicans and democrats. so senator rand paul, senator ted cruz have tit-for-tat proposal. democrats get to pick one witness, republicans pick one witness. democrats get two -- neil: exactly his grenade. rand paul saying all right, be careful what you wish for. this is from my chat with rand paul yesterday. are you then open to witnesses saying there was a quid pro quo or overused phrase, what do you think? >> that is kind of interesting. comment all relevant witnesses would he agree hunter biden is relevant, joe biden is relevant? the whistleblower is relevant? my guess is no. they want witnesses they want and don't want any witnesses the president wants. i say either allow all witnesses, all witnesses for the president defense team deems necessary to the defense or no witnesses. >> both senator paul and stephanie grisham are right. stephanie grisham is right, notwithstanding the terrific interview rachel maddow did, this guy has a lot of baggage.
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when you're prosecuting criminal cases often the witnesses are criminals themselves. you take the witnesses as they come to you. senator paul is right, if they allow one witness to be called an testify live who did not testify before the house judiciary committee, or the house intelligence committee, because of all that newly acquired evidence, that trial will go on until may. that is how many witnesses will be there. it may take that in order to get to the truth but these people know things that the senate should be aware of. this information didn't come out. neil: you're saying where ever you stand on this, you cannot, not pursue, right? >> each senator takes an oath they will resolve this only on basis of evidence. if there is evidence out there, they can't constitutionally bar the lawyers from presenting it. neil: all right. so back to what i said before i get to market guests who can address what is happening it the markets, i think markets are view of when it comes to impeachment there is nothing
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happening. no there there. might get witnesses but might be quick. with government accountability report condemning the way this was handled by the white house budget office, would the concern as well that ukraine is opening up an investigation into whether our ambassador marie yovanovitch was indeed surveiled, ongoing debate back and for the from parnas especially rachel maddow interview, this was not going after corruption? it was all about pursuing some dirt on the bidens, whether true or not, these are issues have to be addressed and followed up now? >> correct. correct. i think these people are going to have to testify. who was parnas and his colleague working for when the allegations were illegally surveiled marie yovanovitch, either for rudy giuliani, president, or both of them. this is a hole that will be dug deeper and if senators are seriously interested in the
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truth, they will have to listen to the witnesses. again rand paul is correct. there are relevant witnesses on both sides. neil: each side will criticize the relevancy of the other side's witnesses. >> correct. chief justice robbers will rule this is relevant. 51 of the jurors disagree with him, this would kill me, if the jurors can overrule me, they can rover rule the chief justice. neil: that is whole weird theory how the judge can be relegated to passive player. i only put this into context what the markets are expecting, what they might have to face, potential reality drawn out much longer than thought. enough questions were certainly raised in that interview on msnbc, enough questions were raised by the gio report. enough questions were raised by ukrainian investigation looking into whether our ambassador there was being monitored and surveiled to the extent that now the government fears she might
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have been. simply too many questions to allow for anything expedited. markets are not focusing on that, as judge rightly pointed out, showing he is good business analyst. they're focused on trade. focused on a lopsided vote that favors trade deal between ourselves and canadians and mexicans. they're focused on very good earnings reports. focused on backdrop we scored a huge deal with china, whether they lived up to that. they're looking at a half full glass. that is the way it is. agf chief u.s. policy strategist, greg valliere, waltzer wealth management ceo, rebecca walzer. judge pointed out you can't knock them off to the side to wrap it up quickly here. it will be a tougher argument to make in light of all these developments, isn't it? >> it could drag on for quite a while, neil, absolutely. i still think it is really unlikely you will get 20
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republican defectors to vote to convict trump. i think that is still very, very unlikely but i do think there will be witnesses. neil: so, when you say witnesses that does extend it? they may not appear on live tv. might give depositions behind closed doors. i believe in the clinton case, the senators would quote from the depositions but there would be depositions from which to quote, right? >> yes. i think fallback for republicans is going to be, maybe there is some damaging stuff, maybe the president didn't act properly but this does not rise to the level of high crimes and misdemeanors. that's the bar that i think the democrats can't clear. neil: so, rebecca, i always look at things through the prism of the markets as far as a take what they think happens. i think markets probably concluded as greg concluded here, this president will not be impeached with all the
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revelations notwithstanding, but neither is it going to be a quick impeachment trial in the senate. and, i don't know, you know far better than i, have they factored that possibility in? >> you know, neil, i don't think so. i don't think we are factoring in right now a very long, protracted through may for all the witnesses that the judge basically said they could call. i don't think the market wants to see that either. i don't want to see that especially with brexit the end of this month. we had china yesterday, usmca today. you can structure this stuff if you try to get it all done in two days in second week of january, it is not even possible. you have got brexit happening that will open up potential trade for us, bilateral with the uk, which would be phenomenal. no, i don't think the market right now. i think market discounting that because it will be swiftly dealt with. i don't see a protracted trial. neil: all right. that is what they're hoping clearly. we'll see what happens. guys, thank you. i apologize for the abbreviated
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nature of this with on going hearings going on in the senate right now. we'll be dipping in and out of that. phase one is done but the white house says it is not done. economic advisor larry kudlow is touting more tax cuts to come. take a look. >> the president directed me to produce what we're calling tax cuts 2.0. it will be published sometime during the campaign as a message for future trump economic growth policies. particularly emphasis on the middle class in his second term. neil: that was larry kudlow with our liz claman at the white house yesterday. charlie gasparino with some thoughts today. what do you think of this? obviously that's a tough sell, making its way through a democratic house, maybe not. but it is really meant to tee up the potential of a reelected donald trump, isn't it? >> right. we should point out that he was responding to my story from yesterday that said they are going to do some sort of a
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fiscal stimulus plan during the election. they would unveil it. i was citing congressional sources because, he confirmed this during the interview as well and it was a very convoluted interview because as he was trying to suggest, i maybe was ahead of my skis as he put it, he definitely confirmed the basis of what's going on is that they are going to push out a fiscal stimulus tax cut plan next, this year, during the election. it is going to be mainly election oriented. it will not get through the congress. the house will not vote for it. if it is a middle class tax cut, it puts nancy pelosi and democrats in a little bit of a bind. he clearly confirmed this is their playbook. one of the reasons larry, i suggest you you go back to look at the transcript. it was a very convoluted conversation. one of the reasons they were a little annoyed i broke the story yesterday, listen, a lot of this is pr, right? yesterday's big news day was
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supposed to be the signing of phase one trade deal. tax cuts 2.0 was supposed to be another day to bang it out and get more good press on it. we kind of upended that. some of this is show, neil. and you know, the show is going to go on and i'll tell you this, they want to keep this powder dry because guess what? during the impeachment hearings people get tired of hearing witnesses that contradict each other, they're going to roll out this tax plan. neil: something to look forward to. i can see where they're coming from. thank you very much, my friend. as charlie was speaking here we want to take your attention to the u.s. senate where one of those impeachment managers, reading articles of impeachment is house intelligence chief adam schiff. he is laying out the groundwork that senators will leap on. this is sort of the backdrop for a very good economic news, very good earnings news, what we've always been seeing certainly on the trade front. not only trade with mexicans, canadians, yesterday's deal scored with the chinese.
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president expected to sign off on the new north american free-trade agreement, what they call nafta 2 as well. ignoring all the other crosscurrents for the time-being but one thing is very clear with all these developments, this impeachment thing could drag on a lot longer than people thought. >> grossly i am compatible -- give me your hand! i can save you... ...lots of money with liberty mutual. we customize your car insurance so you only pay for what you need! [ grunting ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ tit's great actually, i've been listening to audible. it's audiobooks, news, meditations... gotta go! ♪
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>> i think i called me a liar on national tv? >> what? >> i think you called me a liar on national tv? >> let's not do it now. let's not have the discussion. you told me, you called me -- neil: that went well. here is the thing for bernie sanders. he claimed he raised four million dollars since elizabeth warren accused him of saying a woman cannot win for president of the united states. he says he did not say that.
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democratic strategist jessica tarlov what it means for their campaigns. what do you think? >> i think it means bernie sanders will keep raising money like that. this has been consistent no matter what he does. gets accused of being a liar, has a heart attack his supporters get dug in. small dollar denominations $27. he asked me for $2.70 since i haven't given to him. interesting to see what he pose on today. a lot of progressive people released a statement saying call for unity a progressive caucus co-chair endorsed bernie. this is strong signal where we're getting with this. if you noticed this, warren tried to tack a little bit of the right to bernie. she realized she he occupiesing most space in the far left lane. she has to go into little into
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inside of him but see will not become joe biden or amy klobuchar. neil: if they can sell each other out. >> if you're joe biden, you're so happy. entire iran fiasco, infighting with the progressive left is huge boon for joe biden and kamala harris and cory booker dropping out, is giving him a bit of a boost with african-american voters, 3 three to 5%. he still maintains 45% plus depending what poll you're looking at of african-american support. everything is falling in his favor, which is strange he is the crux of the impeachment trial going on here. him and his son. neil: speaking of impeachment. you mentioned three senators, not joe biden, klobuchar, warren and sanders who will be in d.c. once the thing kicks off next week, right before iowa, right before new hampshire. how is that going to fall out? >> obviously not ideal for them.
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i think it hurts most out of anyone, amy klobuchar needs to hit some sort of a stride. she was interviewed on the after the debate, anderson cooper said, what do you need? i need to come fourth or fifth here. to be in the conversation going forward. iowa makes the most sense for her, midwestern, nice. in new hampshire she is also a good fit as well. this person needs to be out there in everyone's face connecting with them. warren need it as well. hurts bernie the least. because he has a following whoever he is. there are focus groups, that show democratic voters have minimal understanding what is going on. they don't know a lot of candidates beyond bernie and biden. there is some name i.d. for warren. people not like us living and breathing this every day -- neil: speak for yourself. >> you need a paycheck too, neil. neil: i focus on food. i hadn't talked to you since the whole sanders, warren thing.
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>> yeah. neil: it was a 2018 dinner,. >> right. neil: it doesn't seem like somethinght, she did say it. he doesn't claim he did. >> right. neil: why bring it up now? >> so it started, elizabeth warren's team leaked it obviously but i believe it was in reaction -- neil: they're the only two. >> they are the only two. one of them is lying. i happen to think, it could be some denomination after misunderstanding or some, warren took it more personally than bernie meant it. it was a casual comment, i don't know if a woman can win this. neil: she must have mentioned it to someone on her staff then. >> 100% but came out -- neil: why did they sit on? >> in 2018 you mean? neil: yeah. >> they were part of a unity ticket. elizabeth warren and bernie would not go after each other. neil: why come out now. >> people want to win. neil: you walked out on me,
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people want to win. >> are you kicking me off your show? i can come back later. neil: i didn't at this of that. the idea is to win. >> the idea is to win. the two of them have been playing so nice, right? >> i got it. >> i'm supporting bernie's bill. elizabeth has a good idea. guess what, there are so many lefties that can support you. something bierne necessary staff put out, a volunteer email, go after warren supporters as elitist. that got push back from warren's team, before it got started. what are you trying to frame us as you would establishment democrats? that is what started this with online warren, snake emoji, really, getting feisty there. neil: very childish. >> progressive babies. neil: yeah. you always blame conservatives for that stuff. >> everyone's a snowflake. neil: there you go. >> makes for interesting tv. joe biden sits back i collect my foreign policy points. going to do all my campaigning.
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we should be in food shape. i'm going to des moines. i'm so excited. i'm sure i will be talking to you. are you coming? >> yes i i am great food. >> i have recommendatio burgers and tacos. neil: we'll talk. if it is alfalfa i'm in. meantime fox news wrapping up a chat with former crown prince of iran. that is next. >> i believe the solution ultimately lies with the people themselves, particularly at time there is no better way for them to express to the whole world, we want to be with you. the only thing between us and this regime is you can't expect yet again this regime to change its behavior. that's why fidelity leads the industry in value while our competition continues to talk.
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enriching more uranium than called for before the 2015 deal. the crown prince of iran warning about the country's future in fox business exclusive. jackie deangelis spoke with him has a lot more. reporter: good afternoon to you, neil. the former crown prince has been vocal a long time explaining why the regime needs to be removed. his father, the shah, and his entire family had to leave iran 40 years ago when the islamic republic became the new state. in our time with him sitting down, talking to most recent events we dealt with, he talked about the u.s. killing of general soleimani. he talked about iran's response to that. i asked him, is it possible for them to really de-escalated things? i asked him, is it possible to bring them to the negotiating table in a real way and make progress. listen to what he said, neil. the president said he doesn't want to go to war. he wants to bring them to the
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negotiating table. explain to my viewers why it is impossible to negotiate with this regime? >> any standing down by the regime whether it is having had to somehow respond, not to lose face, but at the end of the day, caving into pressure, maybe in fact a path to its ultimate collapse. the question do you think khamenei realize giving up more and more he is accelerating the pace of collapse? and if so, do you want to assume that the regime is prepared to voluntary leave, which is the challenge the iranian people face. reporter: this is really about the people standing up, having international support, not just from the united states. he praises the president for that, for taking a different stance than the obama administration did but having global support, to really make the change hire. he says it is not really about war. this is about the people. they're ready to do it. the conversation was particularly meaningful to me, neil, because my mother came here from iran in the '70s to
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study. she could never go back to her country. why i asked her why? she said there was nothing left to go back to. interestingly enough, just about 20 years ago, around the year 2000, we ran into the former queen of iran on the street. my mother hesitantly approached her but they did have a conversation. they exchanged a dialogue. they just started crying because they both didn't have a country. they were hoping in the future something would change. they would both see that change actually happen. so yesterday talking to the crown prince about this, his passion, his fervor, his love of the people, seeing the social media response when i promoted this interview was particularly interesting. all the love out there. the iranians are really like us. they want a democracy. they want to be able to have fair elections. he actually said he doesn't want to be the king. he wants to be an advocate for change. he wants to advise in the
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process. last thing i will say, neil, i have this pin he gave me. he wears it on his lapel. this is the former iranian flag. he gave me this to give to my mother. neil: that is amazing, what has changed in 40 plus years since the fall of the shah, ayatollah khamenei. sometimes history keeps repeating itself. maybe or maybe not. jackie deangelis. thank you. reporter: thank you. neil: a lot more on our site about that. of corner of wall and broad, never mind impeachment, escalating and ceos saying there is a lot more going on here and they better look into it. now we have a new situation with nike after this.
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you have potential. you have-oh boy. geico. fifteen minutes could save you fifteen percent or more on car insurance. neil: big bang getting a big break. the phase one trade deal giving new hope to american banks, credit card companies attempting to crack the chinese market. apparently lots of allow ounces them to do so. gerri willis at new york stock exchange. reporter: that's right. amex, visa, mastercard all the stocks hitting new highs on the deal announced yesterday. why? it removes some of the obstacles, maybe not all of them to allow credit card processors
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to crack the chinese market. don't be mistaken, they have to still file licenses. china has to go in short order, to actually look at these things. in some cases chinese bureaucrats sat on these licenses for two decades, right? so president trump talked about this yesterday, describing jpmorgan chase's earnings. this will also apply to regular old-fashioned american banks. likelihood for growing those earnings. listen. >> 40 to 50 billion on services, including, rob, financial services. so the banks are going to be doing great, credit cards, all things you do so well. you're going to be able to now go into china. jpmorgan chase, they just announced earnings. they were incredible. where are you, they were very substantial. will you say, thank you, mr. president at least? huh? reporter: big shoutout to jpm in that press conference as you can
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see. listen, administration officials accused china violating the wto, the way they treat our financial services to the companies, regular old-fashioned banks or credit card companies. i reached out to the credit card companies for comment, what could this mean to the bottom line, to revenues, sales, earnings. have yet to hear back. neil, back to you. neil: gerri, thank you very, very much. disney heir, abigail disney, would back a california bill taxing companies depending how much the company's highest paid executive makes compared to its employees. to the cow guy at merrick solutions, scott shellady. scott, she has been consistent on the issue whether you accept it or not but she could exert some pressure. what do you think? >> she could exert some pressure and that could go haywire. here is way i stand. i think we keep eye on ratios, 1965, ceos made 20 times
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average worker. now 300 times. also take into consideration the part-time workers. so really, really wide. so that number can get blown out of proportion. here is where it all falls apart, right. why aren't we mad at floyd mayweather making money he makes? you can see how he makes it. a lot of people think what ceo's do behind closed doors might be nebulous, they can't get their hands on it, or as tangible. i think that is a big problem. also, this is a little difficult to say. don't take it the wrong way but you know, the difference between an average ceo and a really above average or excellent ceo can be billions and billions of dollars to the bottom line of a company. the difference between a good worker on the line versus a really, really good worker on the line, isn't going have that much of an effect because of how much money flowing into the companies in today's dollars versus 1965. there are some reasons why it has happened. doesn't mean we shouldn't keep an eye on it. to solve the problems, you know
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what i do? put a representative from labor, not necessarily a union. a representative from labor on the board like they used to have 30 years ago. neil: maybe what changed, we started paying for performance, giving performance based on stock. the metric would be how much you have done for the company's stock price. lo and behold that exponentially sent that number careening, right? >> yeah. also but, at the same time, this is where people like abigail disney might have a small point, at the same time we forgot about the worker and all of our loyalties went to shareholders, right? neil: very good point. >> 100% shareholder value. that is where it fell apart. you can solve a lot of these problems bringing back some representatives from labor, putting them on the board. doesn't necessarily have to be union but i think that would be a good step forward making some of these people like abigail disney a little more satisfied. neil: that kind of relates to the next story while i've got you, my friend. that concerns tesla, a lot of
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employees, salespeople are asking for at least a 15% pay increase after they were experiencing commission cut last year. they say if the company is doing so well, making money hand over fist, the stock is soaring they should get in on that, what do you think? >> i get it where they're coming from too. but at the same time, yeah, company is doing well, but are they really, does that stock price justify what they're selling over, these things flying off the shelves to make the stock go up? or short interest? it is technology company? there is a lot of other reasons why that stock is doing so well. you can't just say as worker it is because of me. part of it is because of you, yes, but there are a lot of other things go into that. i think a, if you're taking a 15% pay rise where the stock is today, you better be willing to take a cut when it goes back down to 100. neil: that is well putt. very well-put. you are a wrapped in a conundrum my man. always good seeing you, you scott,.
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>> all righty. neil: real life james bond car. trimble, grady, with a the bulletproof. reporter: you took my jokes. the market looks bulletproof today. how about all the extra money you're making put it into a bullet-proof car. we'll tell you who needs one of these and show you how it works coming up. ♪ ♪ ♪ ♪
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test. we shot ak-47 at the window of this car. it did shatter a little bit, but did exactly what it was supposed to do, as the glass goes flying. the bullets never penetrate the car. the door is lined with ballistic steel. look at that. [gunfire] >> take a look. that is the normal door. nothing. perfect leather. >> a lot heavier than a normal door. it is lined with steel that is bulletproof as well, with the ceo of the company. tell me who your normal clients are? average person doesn't need a bulletproof car? >> that's correct. our clients have a threat of some sort. they're looking to protect themselves against kidnapping for ransom or some type of
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street assault. reporter: talking about ceos, high-profile celebrities, people who do work in dangerous parts of mexico and middle east? >> that's correct. mostly overseas, we do have quite a bit of sales locally to those types of people you mentioned. reporter: you've been in business since the '90s. how many cars and suvs armored over the years? >> probably close to 5000, 7,000 vehicles we've done. reporter: fortunately not many of them, only handful i'm told been shot at, neil. they're protected just in case. just in case you were curious. they have done anything as small as a ford taurus. that still costs around $40,000 to armor. neil? neil: $40,000 to armor a ford taurus. all right. reporter: this one is up to 85,000. bigger as the bigger the vehicle gets. neil: think about the order. grady, great job as always.
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prince harry makes his first appearance from stepping back from royal duties. i still don't know what the latest is on that. a canadian paper says, you know the couple are not welcome. amy kellogg live in london with the latest. amy? reporter: yes. there were some very poignant moments today, neil, for the royal press pack here in the united kingdom. this may in fact be the last shot at harry or i should say shot of harry they will ever get. this is his last engagement today as a senior royal. or at least that's what we believe. he and meghan made it very clear that in the future, they want to get rid of this photographers pool or royal roda as they call it over here. it is quite unclear how much more they will at least interact with prince harry. he seemed almost sad or stern today at times. and who only knows what is going through his head at this point. there were glimpses of old harry
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brits know and love. joking with kids on lawn of buckingham palace and others at the event. he was there for a rugby league event. included world cup draw. a public service put out as mental health initiative aimed at rugby players and friends. we didn't hear a peep from the prince even though questions were shouted at him about future plans. he stuck to script so to speak and talked about sports. >> [inaudible] reporter: as to meghan, she remains in canada having dropped in on a couple of women's centers. this organization, justice for girls, tweeted out the duchess talked about climate justice for girls and rights of indigenous people and other topics. clearly the duchess of sussex letting the world know she wants to keep up her advocacy and engagement. meantime as you mentioned we have very little clue what
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guidelines will be placed on them for future lives. split between acanda that may or may not want them, neil. possibly los angeles. and united kingdom. back to you. neil: who handles the money for that? amy, thank you very, very much. >> exactly. neil: great reporting as always. there is a new way to pay for public colleges and let's say your beer will kind of help. i'll explain. ♪. i'm really into this car,
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it's our most dangerous addiction. and to get the whole world clean? that takes a lot more than an alternative. so we took our worst vice, and turned it into the dna for a better system. materials made from recycled plastic - woven and molded into all the things we consume. we created bionic and put the word out with godaddy. what will you change? make the world you want. neil: this is weird juxtaposition, jpmorgan holding annual health care conference in
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san francisco. this as the city is grappling with the worst housing crisis, homeless crisis i should say, housing crisis too, if you think about it, in its history. transformational mortgage solutions david licken, he said he viewed first-hand what is going on. it is a huge issue, isn't it? >> it really is. when you go to a conference there, you start thinking do we want to send our staff there? what will they encounter? we heard stories, one of the conferences we were as had business meetings downtown in dinner, what we had to walk by, neil, it is alarming. it is concerning. it has got to start having impact on san francisco and other cities. neil: i seen it myself. been to san francisco recently. seattle, is another example out of control. in the case of seattle, they're trying to see what wealthy companies can do, amazon, host of others. there is only so much you can do. they kind of created their own crisis, haven't they? >> they really have.
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you start looking at it, growing crisis. we always had number of homeless. last time i looked at 564,000. look at it this way. you could fill eight nfl football stadiums with all the homeless out there in america. these are americans. it is hard to comprehend the problem. it is a complex problem, neil. we start looking at the solution where we start seeing a real big divide. neil: now you mentioned conference goers, go for expose and annual meetings, might think less of it. the sad reality, plenty other cities like it. you don't have too many places you go to avoid it, save maybe in texas, other low tax environments, where there isn't the same problem. i'm not connecting the two, but it seems to be unique. ironic to these very richest of cities? >> it is. and we started to get that problem here. as i drove to the studio here. he. drove by some on congress avenue, maine avenue
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here. we saw tents up. so we're starting to see that problem show up here. now what is interesting, governor abbott here in texas has taken a very strong stance on this. so it is again, controversial. some view that as taking the homeless, dumping them in the desert somewhere, not doing anything about them, cleaning up the streets. it is something that has to be done. i get more concerned about the homeless themselves. you look at safety of those that are in that. again it is complex issue. but there are solutions. i believe, what is possibly going to come out of this administration, specifically focused at san francisco, is going to be a bit of a foretelling what we could see in other cities as well. ofare very, very high.s a city it does afford to get your read on housing, how is it looking, how this year looks in the aggregate. what do you think? >> housing will have a very good year. nba, mortgage bankers
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association of america, sorry for using abbreviation, national association of realtors. fannie mae and freddie mac, all the rate scenarios have interest rates at 3.7, 3.8% through 2021. you look at economic data. we're really solid. neil: wow. >> we'll have really strong housing market. that combined with the, mill lineals, actually really coming into the market. we're even seeing gen-zers getting into the market. my daughter goat married. she is gen-zer looking into the market. neil: that guy had to pass a rough test going through you. that is another show. >> that is another show. neil: david, thank you very much, good seeing. >> you good seeing you. neil: will china deliver and buy the goods from us it says it will? investors so far seem to think so, after this. c, made of the flexibility to handle
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♪ ♪ neil: all right, welcome back to a very surreal world we've got going on here, if you think about it the markets are racing ahead as the senate takes up impeachment revelations from an interview, indicted associate of rudolph giuliani saying that you know what, this was not about going for justice, slapping down on crime in ukraine, this was all about trying to get some dirt on joe biden and hunter biden so you have that, you have gao report government account that essentially the administration lied about not only withholding aid but the length of time they withheld that aid and that that was a big no, no and was against the law, the white house coming back saying that there's no there there, all of these developments at least all sort of possibility
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that the impeachment process in the senate will not be quick, that it puts added pressure to look into the latest allegations as it does the possibility of witnesses, so the market that makes the assumption that that might be quick, maybe it's wrong, not reflected in what's happening in the averages, we will get do that in a second, for now i want to get to blake berman in the white house, the white house reaction to all of this, sir. >> hi, there, neil, banner week for the white house, we saw what happened here yesterday with the signing of the phase 1 trade deal up on capitol hill today, 89 votes in the senate which accompanies the overwhelming positiver that the usmca had in the house, the biggest bipartisan legislation that the president has put forth to date, two trade deals in 2 days, but a lot of this is getting lost in the headlines because of what is what is happening with impeachment and today another headline that came from the government accountability office which is in independent auditor in which they said that aid that was delayed last year to ukraine, the decision to delay
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that broke the law signaling out the office of budget and management and with that the president as well, the 9-page report reads that, quote, the president and officers, of course, may consider their own policy objectives as they craft policy proposals for inclusion in the president's budget submission, however, once enacted the president must take care that the laws be faithfully executed, essentially saying, congress is the one that has the power of the purse and not the president, here is the house speaker nancy pelosi reacting earlier today. the day that government accounting office convenes action at the center of impeachment articles withholding congressionally approved military aid from ukraine was illegal. the omb, the white house, the administration broke, i'm saying it, broke the law.
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blake: the reaction over at the white house, neil, much of what we have heard from them in the last weeks and months in dealing with the impeachment process saying that aid eventually made its way to ukraine and; b, it was bigger than previous administrations having little problem with the kellyanne conway sound bite but let read to you what she said, she said, quote, it's a good thing that the aid that congress approved good to ukraine, got there intact because this president released it, he wanted higher, bigger an better than it was under president obama, that from the white house today, by the way, neil, as far as it relates to the office of manage rent and budget they say, quote, we disagree with gao's opinion but you throw all of this and as you mentioned include the interview last night, you wonder how much made its way to impeachment trial, that start next tuesday. neil: how long it drags on here,
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thank you very, very much, what the accusations of the government of accountability office saying that faithful execution of the law does not permit the president to substitute own policy priorities for congress into law, the very things he's addressing. now the omb office said that that was nonsense, they were not accountable anyway and then there were reports that ukraine has started an investigation into whether former ambassador there was surveilled by those close to president trump, then obviously the interview rounds with lynn particularly interview with rachel maddow on msnbc got the biggest response, regardless of where you stand on this, seem today call into question whether he would was just doing this to get out of jail time here and that he had the appropriate goods, if you will, on a lot of key players, not just rudy
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giuliani, take a look. >> president trump knew exactly what was going on, he was aware of all of my movements, i wouldn't do anything without consent of rudy giuliani or the president. it wasn't just military aid, but legal aid, relationships would be soured. the announcement of the biden investigation. neil: the reason i'm going and getting the interview from rachel maddow, a lot of things have been brought up that hadn't been brought up before with concerns that devin nunes knew apparently what was going on and the vice president and avoided trip there because of controversy back and forth, there are a lot of people on both sides, no punt intended, there's no there, there, at the very least the fear has been expressed by legal scholars that this could extend the senate impeachment hearing that you'd have to address the new
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developments, call for witnesses, that goes, prolongs what the markets have seen because let's get the read on those, that's not happening on markets today, trade front and overwhelming vote of nafta 2 as known with canadianss with mexicans overwhelmingly passed today as the president signed with prime -- vice premier counterpart, mike murphy, after the bell cohost, connell mcshane and aaron, arron to begin with you, most opinions regardless motivating any thoughts against the president, those people are still in the camp,overs finding time not moved in that camp and the markets not moved at all.
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>> i think it's a lot of noise, i think that the timing is actually truly laughable because we talked so much about quid pro quo and tit for tat, well, what is this? we have a great trade announcement benefiter than expected yesterday and then we have all of the noise today but the markets are not -- they are seeing the investment opportunities when we see things like target coming out yesterday, they weren't doing as well as expected through holiday season but they did very well and it's really just more of that, you know. neil: theover stuff used to be drama, the only way why we mention it is the fact that maybe this sort of expectation has changed a tad, that it isn't swift and out of the way quickly, that might not do anything to the market but not what they thought. >> investors are looking at the most, we have to have a way to
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have nuance conversation. all this is good for the president, all this is bad, i read gao report, some serious allegations that the administration broke the law, like you said many people are going to question his credibility, under indictment and all the rest, the allegations are very serious, but because we live in a world where everybody will retreat to their corners, elected officials included, the outcome in the senate trial nobody thinks that's different so i don't think financial markets will react unless somehow the odds of the president getting kicked out of office go off. neil: unless you get 20 republican senators are thinking about seriously impeaching the president. hey, maybe we do need withins or more time to address the latest stuff, but i think the markets could happily digest they're more concerned about economic
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surprises, right? >> you talk about the dragging on, neil, we had the mueller investigation dragged on for 2 years or 2 years plus, so i think we see the boy who cried wolf, ended up with nothing, now we are focusing on the economy, the u.s. economy is very strong, remember a lot of cash sitting on the sidelines waiting for china deal to fall apart, it's never happened, the money is coming into the markets, there's more room for the market to go higher. >> i will give you one scenario, not a prediction, could be market moving down the line, if you look the odds of bernie sanders, just as an example becoming the president right now, prediction markets are 20%, not low but it's not high either. if he were -- neil: is that high at this time to donald trump? >> probably not, they were barely high on election for donald trump in some prediction markets. so if those numbers go up, it becomes more likely because of
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the impeachment more information comes out and the numbers come up and it would if bernie sanders nominee, in terms of 20% the number would be close to 50. >> maybe. >> yeah, i feel confident that that's what everybody is really taking -- neil: they go the other way if they sense that was looking -- >> if we looked like donald trump was not going to be elected we would see a downturn. >> especially bernie sanders, elizabeth warren-type of -- neil: better shot at him getting reelected? >> yeah, probably. still a lot higher than 20%. >> i think a lot of people on wall street, cards currently on the table, trying to handicap the election is tough with everything going on out there,
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if you've been one of the people waiting on the sidelines you have 30% to catch up and that's hard to do. neil: in the meantime china trade deal, whether the chinese will make good on the promise to set up $200 million in the next couple of years, there's a reason for them to honor that, we will punish them immediately if they do not. how will that register. a whole new meaning to help students, we will explain after this.
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neil: all right, forget forgetting their loans, how about taxing the beer, higher bill tax to pay.
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good to have you, sir. >> thank you for having me. neil: you said you got this idea visiting your daughter at school, explain. >> yes, so i was just walking around campus and hearings things that are going on and realizing that wasn't enough money for books and services and the cost of functioning school, loss of adjunct professors, such a need for higher education, that was a pathway for me, for my father, my grandmother raised 3 children in brooklyn and my father was only able to go to college because it was affordable and free, his brothers went to the military and he went to college. neil: you want to tax it more? >> i want to tax it. a penny and a half per bottle we can raise $50 million in new york state and dedicate today higher education in new york state, 1.1 million students to new york state attend public universities. >> what do you guys think of that? >> i think it's a great idea,
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i'm fine wit completely, normally i'm not for higher tax but seems small and if i'm correct, new york has the low tax on beer. >> we are 14 cents right now per gallon, going to raise to 30 cents, we are right now in lowest 5 in the country, it would put us in middle third basically, still basically on low end. >> how do you guaranty it doesn't get in the 6 million funnel that we have there. >> dedicating directly and we are saying 50/50 to universities and they'll be able to assess where they want to put the money. >> sorry, go ahead. >> i think new york's brewery seen boom and in essence they started in college and this
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became side hustle. i think it's a catch 2022 because directly proportionately beer drinking to college, i don't think i can back you up on this one. >> i know it sounds crazy to say college kids or anybody in general drink less beer, beer sales are down, domestic beer sales were down 4 and a half percent. >> with tequila? >> maybe. >> so more people are drinking to your point tequila, whatever, they are still drinking alcoholic beverages, you want to attack beer, what if people drink less. >> you think it's going to go down. >> it's going down overall already. beer is not as popular because other liquors are more popular than they were; whatever. >> that makes poor beer nights,
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26 and a half cents. >> that's a quarter. [laughter] neil: the way it worked with higher college loan amounts and the idea to help absorb the cost of higher education so the university and college, room and board, you know, they don't do the same thing here? >> we control the increases and we have increased 5-year plan for 200-dollar increases which is also created what's called the tap gap which is basically -- >> public school. >> this money is only going to public schools, we are controlling where tuition goes and deficits for republic campus across the state, by saying we will increase tuition but we are not increasing tap, the revenue will close gap to ensure universities have access to additional resources an really to go back to your point about micro breweries, we are aren't trying to hurt micro breweries, some are tax exempt, they'll continue their tax-exempt
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status, this is going to impact mostly largely distributors. some of it is really positive, from the industry -- [laughter] >> they're not happy about this. >> no one likes to pay more tax, i don't care what industry, everyone is worried. i live in manhattan, we have a car, a lot of people don't like the idea, the reality it cost money to live in new york. neil: didn't go after the rich on this. a common theme. >> yeah. [laughter] >> we will see what happens, thank you very, very much. apple is on fire with the airpods, guess how many they sold, well, i'm going to tell you after this.
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neil: all right, our own charlie gasparino breaking news, catching up with t-mobile ceo as merger trial comes to an end, he joins us now, hey, charlie. >> the great john lager who is stepping down after merger gets done, yesterday final arguments, the state ag's are arguing that it's bad for consumers, anticompetitive because you are essentially with wireless carriers, sprint and t-mobile says it's not, fourth wireless carrier which we will help establish, i asked john ledge, are the great one, how is judge going to ultimately decide on
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the case and here is what he had to say. >> charlie, how are you? >> what's the verdict? >> i was in there looking for you all day. >> i didn't have my phone. >> if you lose how do you feel? >> i have no comment on that. >> if you lose what happens to sprint? >> it's a hypothetical but i don't expect to have to face? >> you feel confident? >> i feel confident, yeah. i think we have made them care about customers. >> what happens to 5g if this deal doesn't happen? >> i think it sets it back, it's going to happen because 5g is critical and nothing can be as good for 5g in the world as coming together of t-mobile and sprint. >> what you think of charlie?
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>> all i think of is gasparino. [laughter] >> see you, guys. >> he gave you a plug, neil, somewhere along the line, i cut that out of the tape just so you know. neil: he's optimistic, i guess. >> he's a tough negotiator, he signed more documents and god knows what, if he doesn't create he will be sued till kingdom come, if that's what they're basing their arguments maybe ledger is right, they didn't sell it, a lot of fluff in their chief witness on the economic side that this will lead to higher cost, federal government, the justice department antitrust division, created with the help of sprint-t-mobile, we will see
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what happens, we will know in a few weeks, but, you know, ledger says he's confident, wall street is betting against this deal happening, if you look at shares, shares of sprint keep going on, that's a bet that it won't happen and they won't buy them, lay that out for the viewers if you're trading, both of them are up today but wall street heavily betting it's not going to happen, neil, thank you. neil: i don't think he was really happy to see you, i think he was stunned and i think he's fired a number of aides. there's charlie gasparino. >> look at all the people that hate me that we interviewed, kudlow came out, bizarre interview i've ever seen to knock down my story and then he confirms it. neil: that's the world we live in. >> he's ahead of my skis, what
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does that mean? [laughter] neil: hey, charlie, how are you? [laughter] neil: good job, my friend, you are relentless, you are relentless, lawmakers trying to crack down on robocalls, phones ringing off the hook this is the age of expression. everyone has something to say. but in a world full of talking,
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shouldn't somebody be listening? so. let's talk. we are edward jones. with one financial advisor per office, we're built for hearing what's important to you. one to one. edward jones. it's time for investing to feel individual.
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neil: chart -- carlos beltrán to be stepping down, beltrán played for the astros back for at least a year, meanwhile the white house is wasting no time moving on phase 2, black stone ceo says the chinese will honor these deals. what is your sense about where we go from here and whether the chinese will honor it. >> well, i think the chinese will certainly honor it, this is the result of 3 years of meetings, their country is complex, they have the reformers, they have their hardliners, they have come together and from talking to the people who have the responsibility for implementing this deal, they're all over it.
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neil: so they will keep their word this time edward lawrence, what do you keep of that? >> you know, very interesting, echoing exactly what u.s. representative lighthizer, he says both sides are eager to get to phase 2, u.s. trade representative robert lighthizer tells me there's still a long way to go, he calls historic agreement a good first start and the agreement, agreement goes in effect on valentine's day, the two sides will get together 30 days after that to see how it's going, if it's going well then the phase 2 talks may start, phase 2 includes subsidies that china makes to companies, they give them unfair advantage around the world, you'll see the u.s. attempt to limit the actions of state-owned enterprises like data with chinese security services, finally a big one, dealing with china cyber intrusion, this is under the umbrella of business,
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steal technology and spying that china does on research and development from u.s. businesses, well, white house press secretary stephanie grisham says that in phase 2 the president will use tariffs as a cool. >> this is great news because it will billions an billions of dollars for agricultural products. i think what's important is the president ensure that we would, you know, make sure that china stays with this deal and if not impose more tariffs. >> now $250 billion worth of chinese import are still under a 25% tariff today officially the u.s. trade representative's office announced that the 15% tariffs will go onto 7 and a half percent but that will not happen until phase 1 is implemented on february 14th, we also expect the u.s. to add more exemptions of items that china has with increase over $200 billion over 2 years, neil. >> thank you, my friend.
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robocalls proving to be tough task for law makers, americans hit with a record 58 and a half billion such calls last year, up 22% from 2018. dierdre bolton has the details. we cannot solve this. >> they cannot solve this, a lot of the problem is that some of the networks are not in the u.s., just from a tech point of view that is one of the first issues, but, i mean, in some states are getting two or more calls per day, texas and california are the states that are targeted the most, now one amazingly bipartisan bill that was signed is this antirobo call bill that president trump did sign into effect in december 2019 and long story short it gives fcc more muscle so if perpetrators can be fined they will be fined $10,000 per call, a lot of the networks again are coming from overseas. neil: why is it? u few years they thought they
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had wrestled this, what fell apart. >> the technology is getting, bigger, better, faster, stronger, the people who want the to sell the list, target you, a lot of these are scams unfortunately, a lot of senior citizens are the ones who are targeted and usually for faulty products or services and if somebody falls for their trick unfortunately it is worth it to them. a lot of numbers show up on their own, is this my kid's school calling and i pick up it's ridiculous pitch. neil: do they with gasparino, just hang up. world athletics reportedly getting ready to ban nike's vapor shoes for giving unfair advantage. >> foam fiber carbon and our viewers are looking at them right now, two marathon runners
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one male and two female, they are wearing the shoes, the world athletic organization is saying that it is fair. on the other hand, you remember skiing, sailing, it is an equipment-driven sport. metal tennis rackets, that was sort of a scandal. neil: yeah. >> so at some point this is probably going to be a lot but at least informal competition right now the decision is, okay, runners cannot use them. neil: what is their edge again? >> in the sole of the show you have a composition of foam and carbon fibers and it gives runners edge because it springs you forward, for runners who are amazing anyway, difference running marathon at 2 hours flat, 1 hour and 59 minutes, amazing athletes to begin with,
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okay, the shoes are just giving the extra push that over more than 20 miles adds up to shave a second or two off times. neil: even with these shoes i wouldn't make it. >> that's debatable. neil: apple sold nearly 60 million airpods last year, 71% of the headphone market. >> so apple is doing well, investors have to be happy, yet another all-time high today and it's such reassuring fact to investors who were concerned about what exactly is apple's follow-up trick to products and apple answered where the wearable division, the pro, many people couldn't get them to get them in time under the christmas tree for the holidays so they're on back order, i think, third week in january, fourth week in january coming in, so this is the fastest-growing segment for apple by the way in the past year. the wearables, that includes
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beats headphones, the apple watch. neil: they're all lump intoed the same -- >> but that's why people are paying attention to these airpods and the airpod pros which can give you noise canceling effect. neil nile people still lose them, don't they? >> that's been my biggest hesitation especially on airplanes, it's great for travel, you know what i would be buying a set every month, that's good news for apple investors. neil: my dad did -- son did the same thing. thank you very much, dierdre bolton, in the meantime to high corporate taxes in california, but what happens there doesn't necessarily stay there, why you should take note.
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neil: one of my favorite guests, lending support for new controversial bill, raise corporate taxes, founder and ceo contributor robert wolf, she's been out for a long time saying it's disproportionate, bob iger, his pay is out of whack, something has to be done. >> we are mismatching a lot of things here. and i agree with her that people have to get a living wage, that's important. i think disney has done a better job of that, i'm not in this fight for 15 where 15 is the right number, i'm saying a living wage, that should be geographically located. number 2 -- neil: average is over that. >> they hit the minimum wage. i think number 2, neil, this idea that you want to raise
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taxes because how a ceo gets paid and what their ratio is, it's not good for the state which is why places like nevada and florida are doing better with companies and people are going there and companies are going there and places like connecticut will lose, this is great populist rhetoric but not good business for the state nor for the employees at the companies, i do think this idea that we should set a ratio for ceo pay is equally ridiculous, reshould look at ceo pay and how much is in restricted stock and put clawbacks in. the next year they underperform dramatically, buy back some of the stocks. neil: i think what started this is the fact that we wanted them get paid for performance, performance is based on how well the stock did, they got a lot of stock and a lot of money doing that, much more than salary, so you have the editing. >> so we had to have that being
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public company ceo at a financial institution, so ubs and all the other firms during recession, it was a 3-year clawback, if something happened you could get a clawback. i like the idea of metrics. neil: you still made a lot of money. >> i got stock at 65 and went down to 12, not only did my option goes to 0. neil: work out a balance for you? >> i would say actually it did reach a balance. neil: you're saying that it would address this in. >> yeah, because people don't realize the shareholder number where a ceo gets paid performance but the performance is over many years, it's not over one day or one stock price. neil: should that be the only metric, what do you think? >> it's important to be the employer of choice, the reason disney is a super company is not only great content, it's because they have great employees, great
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employees want to go to company that has right culture, pays the right way and has benefits, i understand what abigail is saying, it's more important that you make sure you have a great leader that do the other things not just them worrying about how he's getting paid, i also think the of ceo pay, they have nothing to do with each other, they will lose good companies in california. neil: are you sure you're a democrat? >> i'm a democrat but a reasonable democrat, you know that. neil: thank you very much, robert wolf. new york and florida have the same population, so why is one state paying double to keep things running, in other words, double per capita basis than the other states? after this.
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neil: all right, records across, making money host charles payne on what's driving all of this, think about it, charles, in the middle of this concern about impeachment heating up and, you know, revelations that government accountability report that zeros in on what the administration knew and when it knew it all, you would think, you would think it would have a lot of nervous hands, you don't. charles: you don't, the market keeps saying that they don't see that going anywhere but they do see market going much further and we are getting the news, every single day, neil, today, think about this stuff we saw today, retail sales report will certainly move the needle on gdp because it came in better than
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expected, we look at the core things that judge or weigh on consumer demand. morgan stanley, a great number, goldman sachs had a good number, united health, delta airlines, you look at the other things, i think what's going to help us next year housing, we are getting more evidence of that, the national housing home builders, their confidence report came out, traffic, the traffic component of that because there are 3 components has been this high once since 1998, so it feels like everything is pointing in the right direction. >> so when you look at that and you look at earnings, i'm wondering not so much what the first quarter numbers will look like, the optimism built around this year's numbers and the guidance we are getting, first quarter, second quarter, i guess we expect a steady uptick, are you in that camp? charles: i'm in that camp, to your point wall street is expecting something monumental,
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negative numbers for the fourth quarter, 3% first quarter, 6% second quarter, maybe 9%, they are looking for up to 15% in the fourth quarter, i mean, if wall street is right and these numbers are right, what we could see in the last part of this year, we could see earnings rocketing through the roof at the same time that wages may even represent year over year, it would be one heck of a one-two punch. neil: do you think those earnings come in as robustly expected that justifies this market on these levels? >> absolutely. i think it would justify the market going higher, you know, the flip side of that, of course, is a lot of stocks, they are priced to perfection, this week is a prime example of that, target same-store sales number wasn't as bad but not as robust as year ago, if you don't beat and exceed there's a penalty for it. neil: charles payne, look forward seeing you in a few minutes, my friend. appreciate it. katrina and real estate
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specialist, katrina, he was talking about the good environment, as starter point for you, what do you think of that? >> well, i agree with charles 100% and you know, main driver in the housing industry are interest rates an interest rates have been very low and more than 11.7 million home owners have been eligible or taken advantage in addition to not only buying homes but they are continuing to refinance and we believe that interest rates are either going remain steady or decrease which is only going to assist with affordability and with affordability obviously comes more sales, everybody is bullish about the housing market and another element which is quite interesting is that industry is trying to reevaluate how they will help people that have good jobs and what i mean, you know, we are seeing more and more people working for uber and post mates and so forth, the mortgage industry is trying to get
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creative to think how those individuals can qualify who have been on the sidelines waiting to be able to qualify for a mortgage to buy as well, so overall, the economy is doing well, the housing market is continuing to do well and i'm in florida and we are seeing an influx of people from new york and california because it's much better to live in florida, we don't have a state tax, that's something that is definitely driving our market these days. neil: beautiful weather, at least for the 9 months, the 3 months, leaving that aside, another study that seems to support your views, new york spends roughly the same amount of people as florida, twice as much as twice on government-related services, that's on per capita basis, that's shocking, what's going on? >> we pretty much share the same population but new york spends more on education and welfare
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and studies have shown that even though they spend more on education, their school system for kindergarten through 12th grade is not any better than our system here in florida, so there's annexes of -- an excess of spending and you see a lot of them relocate to florida, i hope they don't change our state but overall it's been amazing for housing market because they are sucking up a lot of inventory and they are paying 20, 30 million-dollar prices for some of these luxury homes but they are saving so much by coming here from new york or california. neil: you have to start asking yourself a question, housing in general, it does seem to be percolating against some points
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made on the show, katrina, i'm wondering on the high end, it's ironically more problematic, they are hurting on that end, aren't they? >> what's interesting is i do a lot of referrals to new york and the new york market, luxury market there is definitely hurting, it's really difficult to sell something in a luxury market in new york and in california and in other states, in florida ironically that market is actually doing very well and it's because people are bringing their cash to florida, but the luxury market as a whole is definitely lacking, you know, in comparison to let's say properties under a million dollars, under a million dollars it's still very much a seller's market and even up to 3 million, but once you get higher than that, there's a lot of inventory and the buyers have many deals to choose from. neil: real estate taxes are still high in florida, they're just not as high as they are let's say new york and new jersey? >> yeah, we still pay property
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taxes here in florida but when you do the analysis on how much people are saving on income taxes -- neil: absolutely right, absolutely right. i'm trying to get a green screen or something like that in florida. >> we want you here, neil, amazing to have you here. neil: wouldn't that be a party, thank you very much, katrina. >> thank you. neil: google is closing in on a trillion dollar valuation. it's so close right now it can taste it after this . .
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neil: new york met manager carlos beltran is stepping down two months after taking the job because of the houston astros sign stealing scandal. beltran said at a statement we mutually agreed to part ways. i'm grateful for them giving me the opportunity but we agreed this decision is in the best
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interests of the team. i couldn't let myself be a distraction for the team. i wish the entire organization success in the future. we'll see. the dow is up 183 points. we're a little more than 700 points from dow 30,000. incredible. so is charles payne. charles: thank you, neil. i'm charles payne this is "making money." we saw solid retail sales. continued strong corporate earnings. big uptick in manufacturing, all injecting more optimism into these markets. as, is another victory for president trump. the senate now ratified the usmca just the day after he signed the phase one china trade deal. we're going to get reaction from all of this, from top white house advisor peter navarro in just a minute. then there is this. >> i think you called me a liar on national tv? >> what?

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