tv Varney Company FOX Business January 29, 2020 9:00am-12:00pm EST
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maria: just enough time to say have a fantastic day. go seize the day. here's stuart varney with "varney & company." stuart: i have three hours to say good morning, maria. good morning, everyone. the china virus is still a threat. more cases, more deaths, a further slowing of china's economy, but that is not the big factor for investors this morning. oh, no, it's not. it's apple. looks like it has jump-started the bull market. we will start there, shall we. apple's stock this morning is at a new high, well above $320. it was a truly blowout financial report. can you believe apple sold $55 billion worth of iphones in a 13-week period. looking ahead, tim cook says
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apple will take in even more money in the future despite some difficulty in china. premarket, the stock is up five bucks. that's apple. boeing, that's helping the market, too. it reported its first annual loss since 1997 and yes, the max jet problem has cost them a total of $18 billion. but the new ceo says the max will return. investors may be sensing some recovery here. the stock is up nine bucks. i do own a small piece of boeing. apple, boeing, both dow stocks, that's helping push the industrial average to higher ground this morning. profits overall show an average gain of 5% and more. that's pretty strong. dow is up 130, s&p 9, nasdaq 35 points higher. as we said, the coronavirus is not contained. there are now 132 deaths and 5,100 cases in china. british airways has suspended all flights to china. several manufacturers like toyota are extending the
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shutdown of their operations there. we don't know how long this crisis lasts and we don't know the impact on the global economy. but it's taking a back seat to profits and apple. another big show for you on tap. at 11:00 eastern, the president signs the usmca trade deal in a big white house ceremony. yet again, mr. trump will dominate the news. just a few hundred yards away, the impeachment farce will drone on. now, just wait until you see a fired up trump and a fired up massive crowd in new jersey last night. real good stuff. "varney & company" is about to begin. >> and i have to say this. america is winning again and america is thriving again like never before. the republican party is the party of the american worker,
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the american family and the american dream. republicans are fighting for citizens from every background and from every race, religion, color and creed. stuart: that was inside the stadium last night. look at this, outside. have you ever seen such massive crowds lined up for a political rally before? this was wildwood, new jersey. mr. trump basically took over the town and they reopened the town in midwinter. it was that big. coming up shortly, we have lara trump with us, going to react to last night's very big and very important rally. let's get back to apple. they are in record territory after reporting record profits. lauren, i need three numbers. lauren: okay. stuart: you have 30 seconds. number one. how many iphones sold. number two, how many of those ear things sold. number three, total revenue in three months. lauren: total revenue in three months, about $92 billion. that was a record. 60% of that came from the
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iphone, about $56 billion there. talking of hardware, the airpods, part of the wearable category, $10 billion. so analysts are bullish because they have the hardware but they also have the services. most profitable quarter ever on record revenue. stuart: you did it in 35 seconds but that was good. stunning numbers. ashley: incredible. stuart: let's get to boeing. grady trimble joins us from chicago. grady, seems to me this whole story is about when the max jet gets back in the air and the new ceo told maria this morning they restart production in april. reporter: in april, right. the timeline still stands that he hopes to have that plane back in the air by june, and that could be part of the reason why boeing's stock is up today, despite that disappointing earnings report. he also called this plan a realistic plan. for awhile it kept getting pushed back and pushed back. now he's confidently saying that this is realistic and they will do whatever they have to do to get faa approval and make sure
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this is the safest plane in the air once it flies. it's also worth noting that boeing paid out $1.2 billion worth of dividends despite the disappointing earnings. stuart: $1.2 billion in dividends despite it all. thanks very much indeed. see you later. let's stay on stocks. liz peek is with us. i want to talk about this bull market. seems to me that the virus is taking a back seat. it's still there, still a threat, but it's taking a back seat and the bull run is continuing. >> well, apple says it all, right, because it really reinforces the excitement about the consumer, the consumer continues to be unbelievably strong. the latest read on consumer optimism beat expectations once again. we have some weakness in the manufacturing sector, there's no question about it, but in a sense that's an opportunity in 2020 for accelerated growth because after all, if you keep building consumer demand and consumers keep buying more and more, eventually inventories have to build, you have to expand your plants, et cetera. so durables, you know, capital
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spending was down in december. that's something that can turn around. by the way, you have a housing sector that is beginning to look seriously alive for the first time in years. that is also something that i think as we get into particularly the second and third quarters, that's going to mean the numbers get better. stuart: i see a huge contrast between the stock market's performance, the economy's performance, president trump's ebullient performance in new jersey last night and impeachment. the old contrast keeps coming back. >> but the rationale remains the same. in other words, president trump is going to be running on a very vibrant economy and right now, knock on wood, there is nothing to think that changes between now and november. as i said, it could even get better between now and november if housing begins to improve and the capital goods sector. trump has got enormously good positive ratings on the economy. americans tend to vote with their pocketbook. democrats are freaked out. they don't know how to contrast, they don't know how to contend with that because they have no
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economic program that offers better jobs, better wages. what they have is higher taxes, fewer opportunities and i cannot imagine come november that the american people are going to say yes, that's what we want, we want higher taxes, we want to go back to the obama era of restrictions on business, limited opportunities. i don't know what democrats are thinking. i don't think they are thinking this through. stuart: okay. we will leave it at that. thanks very much indeed. see you again real soon, promise. look at starbucks, please. they are going to close temporarily 2,000 stores in china. that's the virus doing it to them. the stock's only come down, what, 25 cents. that's it. mcdonald's reports higher sales but less foot traffic in their restaurants. higher sales both in america and globally, but the foot traffic's down. the stock is down just a fraction, 38 cents. how about beyond meat. its product has been dropped from tim horton's menu. however, beyond meat is up another three bucks at $123. go figure. i want to get back to the
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coronavirus. there's a plane carrying u.s. evacuees from china, check it out. i'm sorry. what you're looking at now is a spacex launch. i'm changing subjects dramatically. there's four satellites going up on that -- okay. that's a successful spacex launch by the looks of it in the very early going, the falcon 9 rocket. now let me get back to that plane carrying evacuees, american evacuees from wuhan. the story here is really is it carrying anybody contaminated -- ashley: they do not know. they don't think so. it was originally going to land at ontario airport in southern california but got diverted to an air force base, reserve base, march base in riverside county east of l.a., some 200, many believed to be government officials that were in embassies and those working in wuhan. they will be looked at very carefully, as you can imagine, and apparently as they landed
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and the pilots said you are back in the united states, the whole plane erupted in cheers. they are out of there but they are being somewhat quarantined until they have thoroughly been checked. stuart: that's the virus situation. let's move on to impeachment. i'm going to call it a circus. senate majority leader mitch mcconnell says he doesn't have the votes to block witnesses. senator john barrasso, republican, wyoming, joins us now. mr. senator, welcome back to the show. >> thank you, stuart. stuart: if we get witnesses of any kind, john bolton testifies, surely we can demand, you can demand that hunter biden appear as well. if that happens, then you're going to stretch this thing out forever. >> you're absolutely right, stuart. look, let's remember that this is a purely partisan impeachment done for political purposes because as your economic numbers surely show, we have seven million new jobs since president trump has been in office, unemployment at an all-time low, consumer confidence at an
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all-time high. this is the only thing the democrats can do to beat president trump. but the momentum in our conference is clearly moving toward ending this trial, going to a final vote, a vote on final judgment. we hope to have that on friday. that's where we are right now. stuart: let me repeat that. you hope to have a vote on friday of this week on a final judgment on the charges against the president. that's it? >> that is it. that's where the momentum is moving in our conference because all of us know that president trump will not be removed from office, the votes are not there to do it. this would be the first time in the history of the country. stuart: you've got to have the votes to block witnesses. do you have the votes to block witnesses? >> as i said, the momentum is moving to get us there. because stuart, as you pointed out, this can go on for an
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extended period of time with additional witnesses and remember, there were 17 witnesses already in the house. the longer this goes on, the more we are unable to do to help the american people in terms of lowering the cost of insulin for diabetics, in terms of the highway bill. i chair the environment and public works committee. we have important work to do for roads and highways and bridges. we have work to do for our veterans. as long as the democrats keep trying to drag this out, we can't do that important work. stuart: senator, we would love to see that final vote friday. senator barrasso, thanks for joining us, sir. >> thank you, stuart. stuart: sure thing. back to the markets. we are going to go up at the opening bell today. 100 points up for the dow, 9, the s&p. 38 for the nasdaq. how about this. the average price for a super bowl ticket, this is on the secondary market, $6,429. what? that's according to the stub hub. ashley: going down. it was $7,000.
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so we have these massive crowds that fill up stadiums every single time. we have tens of thousands of people outside. they never mention it. they never mention it. so maybe they will tonight. but that's an all-time record and this is not a brand new place and unfortunately, it holds probably 10,000 people or less, and we set the all-time record. stuart: let's tell you about it. look at this. see that? this is the crowds who could not get in last night. 100,000 outside the stadium. they basically reopened the entire beach town of wildwood.
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look who's here. trump adviser, senior adviser to the trump 2020 campaign, lara trump herself. welcome back. >> thank you. stuart: what was so special about the rally last night? >> first of all, this was in the blue state of new jersey. we had the most rsvps we have ever had for any trump rally in the history of trump rallies and we know they are always big. in the midst of impeachment, they wonder how this impeachment is playing out across the country. there is your answer right there. 160,000rsvps for a space that holds 7500 people. it was epic. the entire town was sold out of hotel rooms, restaurants were full. it was really amazing. stuart: there's a different feel to it, though. i wasn't there, but i'm told by those who were, it was a different feel. the crowd was actually angry at the impeachment. very supportive of the president. there was a touch of anger there. >> but i don't think that's just in new jersey. by the way, if people are coming out like that in new jersey,
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think about red states. think about states the president easily won. people are mad because they feel like this impeachment, they are now realizing it's not just about president donald trump. it's about them. it's about people reversing their vote or trying to reverse their vote for him in 2016 and they don't like it. stuart: i want you to address something else, something completely different this morning. our viewers are familiar with this. the cnn panel hosted by don lemon, they are facing backlash after really absolutely insulting trump people, trump supporters and the president himself. we will show you that first. roll tape. >> donald trump couldn't find ukraine on a map if you had the letter u and a picture of an actual physical crane next to it. he knows that this is, you know, an administration defined by ignorance of the world, so that's partly him playing to their base and playing to their audience, you know, the credulous rube demo that supports trump.
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stuart: okay. did you catch that there, the mockery there? okay. that was saturday night. now here's don lemon last night attempting an apology? watch this. >> ask anyone who knows me, they'll tell you, i don't believe in belittling people. during an interview on saturday night, one of my guests said something that made me laugh and while in the moment i found that joke humorous, and i didn't catch everything that was said. just to make this perfectly clear, i was laughing at the joke and not at any group of people. stuart: resign, no, don't resign, please. stay at cnn because your ratings are so low. lara, what's your reaction? >> i mean, how absolutely disgusting. if you ever wondered for a second what the elites out there, the people who from the very beginning said that they knew better than the american people, how did they feel about you, how do they feel about the people that cast their votes for
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president donald trump, here is your answer. this is so condescending and so disgusting and ridiculous, this is the reason that donald trump is going to win by even more in 2020 than 2016. they are missing it. they don't get it. people across this country don't deserve that and they wonder why this country is so divided. they try and blame it on donald trump all the time. this is the kind of garbage that divides the country. they should be ashamed of themselves and don lemon knew exactly what he was laughing at. i don't buy that apology for one second. stuart: i understand that your campaign has actually created a campaign ad built around his condescension. >> well, it's the truth out there. you wonder again why cnn's ratings are so low, why people are tuning out and you know what, it goes back to what i was saying a minute ago. this impeachment has never been directly about donald trump. it's about trying to reverse people's votes and it's about the elites in washington, the people that have been there for far too long trying to control what happens in this country, not leaving it up to the voters.
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so it's up to us at the campaign to remind people about that. that's why they have to get out and vote in november. stuart: by the way, when it comes to the impeachment coverage, yesterday, for example, day before, i should say, more people watched fox's coverage than cnn and msnbc combined. that tells you something. >> it tells you a lot. stuart: thank you very much for coming to see us as usual. we always appreciate it. thank you very much. good stuff. thanks. check out those futures. we open this market shortly and we will be up across the board. looks to me like the virus has taken a back seat, a back seat to the profitability of american corporations, and that bull run, the market seems like it just wants to go up. dow is up 130. s&p 10. look at the nasdaq go, up about half a percentage point premarket. the dating app match group, the ceo stepping down for personal reasons, no impact on the stock. it's down 20 cents. amazon, it secured a massive
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warehouse space in staten island, new york. they wouldn't let them come to a different part of new york city or aoc had something to say about that. so they are going to a place in staten island. that's just a warehouse facility. amazon is up $1864 per share. now we have joe biden. he's told a voter in iowa go vote for someone else. he got into a heated exchange with this voter over climate change. we've got what he said plus an admission that he's an old guy. he said it. you'll hear it. more "varney" after this. sometimes your small screen is your big screen.
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how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. stuart: the national average for a gallon of gas has dropped below $2.50. don't you love it. we're looking at $2.49 and i do love it. prices have fallen for seven straight days. we got ahold of gas buddy. they tell us -- did i hear trumpet trumpets? good, good, good. 13 states have at least one station selling gasoline at less than $2 a gallon. hope to see that come up to about 50 states at some point. dreaming here. let's get to the iowa caucuses. they are next monday, by the way. joe biden had a heated exchange with an iowa voter over climate change. better watch this. >> -- then you want to replace these gas lines and that's not going to work.
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we got to stop building and replacing pipelines. >> [ inaudible ]. stuart: the first rule of politics was don't ever tell a voter don't vote for me but i digress. he also addressed his age? ashley: he did. he was in a very feisty mood. ed was the person addressing joe biden and mr. biden did address his age. take a listen. >> whomever i pick is two things. one, is capable of me being president because i'm an old guy, okay? no, but i'm serious. look, thank god i'm in great health, i work out, no, i'm serious. you know, i work out every morning, i'm in good shape, knock on wood as my mother would say, and thank god i'm in good health. ashley: thank god i'm in good health. i'm an old guy, all right? stuart: he was talking about selecting a vice presidential running mate because he's old. ashley: correct. stuart: so watch out.
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ashley: yeah. stuart: we might need a good replacement. ashley: not a strong message, is it? stuart: i wouldn't think so. ashley: there again -- stuart: okay. let's move on. let's get back to your money. that's a good subject for you. lots of big names reported their profits this morning and there will be a lot more late this afternoon. joining us to discuss all of this, shah gilani, lauren simonetti and heads up, ashley webster. all right. shah gilani, before we get going, before the market opens, seems to me that the virus is now on the back burner and the bull run has come storming through. >> if we didn't have an issue with the virus, markets would be making successive new highs. certainly after these earnings were coming out. leadership stocks are doing everything they are supposed to be doing, leading. they are leading in terms of profits, revenues, buy-backs, everything they are doing, they are doing correctly so we will continue to see blowout earnings for a lot of these companies. the markets should go a lot higher. again, coronavirus aside, we would be seeing successive new highs.
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stuart: yes. apple i think is the breakthrough point. >> apple -- stuart: i saw those numbers and you just knew -- >> all eyes have been on apple because expectations over the china sale, et cetera, et cetera, blow it out of the park. stuart: two weeks ago, do you remember -- >> yes, i remember. stuart: you said it twice. >> yes. stuart: on this program. you said the dow could go up 20% this calendar year, 2020. >> yes. stuart: you are nodding still? >> sure. absolutely. we get the coronavirus aside, there's still some issues out there, that can really impact the market. i'm surprised it impacted the other day, friday and monday, but we seem to be past it for the most part. doesn't mean it can't rear its head again. that's a problem for the market. that's a genuine existential problem for the market. beyond that, yes, 20% easily. stuart: i hate talking about the federal reserve. but they are meeting today. they are going to decide what to do with interest rates. ashley: nothing. stuart: thank you. nothing. lauren: but will they address
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the coronavirus and its impact on potential monetary policy? it's also kind of their first meeting of the decade. right? >> if they address it it will be in the positive sense for the market because if they address the coronavirus, it will be maybe if they have to, they will lower rates. stuart: know what our producer just said in my ear? i think everybody heard it? wow, lauren just made the fed interesting. well done. ashley: not an easy feat. stuart: we don't do the fed on this program very much. we refer to it occasionally. if i say what we don't ever say, i will get buzzed. ashley: qe3? [ buzzer ] >> i think we are up to five, by the way. stuart: let's get serious. look at futures. looking at 150 up for the dow, 11 s&p, 45 for the nasdaq. that's a full half percentage point. don't tell me that the bull run has not returned. i believe it has. all right. they are clapping and cheering.
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in 15 seconds, we will officially start trading this, what day is it, wednesday morning. lauren: four dow components today alone. stuart: that's a big factor. earnings so far have been very good. average profit gained, over 5%. bang. here we go. it's 9:30. we are off and running. look at this go. i'm looking for the first sign of green and i see it, left-hand side of the screen. already, we are up 165 points. you are back to 28,890 and most of the stocks which have opened, the dow stocks which have opened, they are in the green. they are up. we are up across the board. the dow is up a half percentage point and they are not even all opened. the s&p 500, i'm pretty sure that's about the same. yes, it is. a gain of .42%, a 13 point gain. show me the nasdaq. that's got to be way up. yes, it is, up a half percentage point. you have apple in there and that's weighted heavily. okay. let's look at two dow components
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which reported this morning. mcdonald's and boeing. boeing is a dow stock, up seven bucks. mcdonald's is a dow stock, up just a fraction. they both reported earlier today. are you buying any of them? >> i missed boeing. i had the 320 and pulled it, the market came down. you were smart, you got in. i hope you averaged down. the stock is, i'm surprised at the move this morning. i think it's a little bit overdone. 9.2 billion in charges, 2.2 billion in cash used up last quarter, you know, they still have some potential liability out there. i saw calhoun earlier on the program talking about some of the liabilities out there, talking about the dividends, maria put him on the spot which was terrific, and he gave a bit of a mixed message there. i like what the stock has done today. i'm sorry, i hope it comes down again so i can buy it. stuart: thank you. talk it down, why don't you, so you can buy it. >> it's very good today. stuart: think you're coming back on this show? apple is up $9 a share, $326.85
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right there. that is an all-time high. blowout numbers after the bell last night. lauren, give me the numbers again. first of all, am i right in saying they made $22 billion profit in a 13-week quarter? lauren: correct. that's the most ever for them. their revenue was a record, too, just about $92 billion. this is all iphones and airpods. airpods and wearables are such a big part of their growth. a lot of people were saying the iphone cycle is drying up, you got to wait for the 5g iphone and apple just showed us no, don't need to. ashley: reports of its demise were greatly exaggerated, as they say. to lauren's point, once 5g comes out and you know people are waiting for that upgrade phone to be able to use 5g. once that network gets actually rolled out and when that happens, one can only imagine the sales and the revenue for apple. >> this is proof that a company that does really well no matter what the size is can still double again in size. and we look at the size of apple and microsoft, we look at
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companies like that, how can they go 20% higher, 50% higher in a year as apple did? they hit it out of the park with earnings. stuart: make $22 billion profit in one quarter, and yes, you can. if you can keep that up -- lauren: it's at $326 now. a lot of price targets are with a 4 in front of the number. stuart: that's right. >> almost all analysts have raised their price target. stuart: let's not let apple crowd out our coverage. we are watching some more stocks for you. facebook and microsoft, and tesla. let's start with facebook. when do they report? that's today, isn't it? after the bell. facebook is today. all of these are after the bell. facebook, tesla, microsoft. look at this, already they are being dragged up on the coattails of apple, aren't they? >> absolutely. and boeing, i think, also. but facebook is again, doing really well. the stock has done really well, did great last year. tesla is a whole other story. it's a stock unto itself. i think the shorts keep propelling that higher but this
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stock has done nothing but go higher and i don't think there's anything going to stop it. microsoft, my stock of the decade last decade. i think it's still going to be this decade, too. stuart: go ahead. rub it in. >> you still have some. stuart: what's this, raymond james says buy what for $270 a share? what's that price target on? i can't read it. facebook. okay. just get that in. facebook, raymond james, investment firm, says facebook goes to $270. we are quoting it at $220 this morning. okay. there you go. move on. tesla. let's look at that. it reports after the bell today. shares going up like a rocket, almost doubling since last january. what do you think about tesla? more room for tesla to go up? >> yes. again, this to me is a mechanical issue in terms of the shorts constantly trying to pound tesla and they have to buy at higher and higher prices, they drive the stock up. earnings come out, they are a little better. the company is still losing money. i still see problems here but as far as the stock goes, you cannot go against this stock. stuart: i've got to hand it to you, shah. you have been on this program
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for the last three years, well, more than that but three years ago when donald trump was elected president, you said the market would go straight up. january '17, straight up. january '18 straight up. '19, straight up. now at the beginning of 2020, straight up, another 20% straight up. you have been right. >> the fundamentals are great, the economy is doing great. we are in almost a goldilocks economy. things are very good for the market in terms of -- really, if you look at all the fundamentals, consumers are in great position, everything is good, interest rates are low. where is the money going to go? not going into fixed income. it's going into u.s. equities. ashley: there's no yield. where you going to get your yield from? >> there's no dividend. stuart: how many people are jumping back in now -- >> a lot. stuart: momentary scare, brief scare, it's not over yet, brief scare from the virus, the market went down, stocks went down. how many people are jumping straight back in again now? >> there's a lot of people coming off the sidelines, as the market continues to rise, more
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people come off the sidelines. the people who missed it come off the sidelines. that's another reason why the market has higher to go. stuart: all right. let's bring all the indicators together. start with the dow industrials. as of right now, we are up nearly 200 points. that's 28,907 to be precise. where's the ten-year treasury yield? where it has been for the last couple days. 1.63%. not up that much, not down that much. it's still holding steady at that very low level. check the price of gold. it was a safe haven, still is to some degree, down $1.50. where's oil? went straight down with the virus scare. now it's up only at, what, $53 per share. sorry. $53 a barrel. i should say. cheaper gas coming. starbucks closing china stores in the virus outbreak. is it, what, 2,000? ashley: 2,000 temporary closings until they get a better handle on what's going here.
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you talk about companies that have exposure to china and this story of the coronavirus. starbucks is one of those. mcdonald's also has been shutting down its stores. what else can you do? this will have an impact on revenue. there is absolutely no doubt. it all depends on how long this story drags out and how long they can get a handle on the virus. stuart: here's a story which -- a stock reaction which i honestly don't understand. i want to talk about beyond meat. actually, the stock is now down but it had been up earlier. the canadian doughnut chain tim horton's is saying good-bye to beyond meat. that follows the whopper, the burger king saying hey, this fake plant, this plant stuff is not selling. ashley: don't like it, eh? stuart: i would have thought beyond meat would go straight down on that. ashley: you would think but it's not, no. let's face it, it's available in many many other fast food restaurants including mcdonald's and others, but the canadian tim horton's said look, there just wasn't the demand for it.
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we will take it off the menu now. doesn't mean it's permanent. if we get some sort of response, we may give it another go. it's been tested. no one really wanted to buy it. stuart: i think plant-based food is here to stay but i don't think it's going to get a huge market share. lauren: but they continue to expand. kfc, beginning on monday, they will sell more plant-based beyond meat chicken sandwiches. that might be helping the stock not fall even more. but there was a quote from carl's jr. ceo because they had a plant-based option. they say we notice when people go to the food store, 9 in 10 who are buying plant-based are actually meat eaters. so it's interested who exactly this market is. is it a new customer who doesn't eat meat or just an alternative for someone who does eat meat? stuart: it's a different marketplace. you might buy it at a grocery store but might not buy it in a fast food operation. ashley: you don't go to burger king to buy a non-burger. i don't think. >> all the chains had to give it a try, whether or not like
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horton's did, their guests don't particularly like it, they all have to do it because this is the rage and everybody wants to try it. i think it will be a positive for beyond meat in the long run. stuart: all right. look at that. now we are up 170 points. on monday morning when we all came, i think you were with us monday, actually, the dow dropped -- >> frightening. stuart: 450 points. who would have thought that by wednesday morning, we would have recovered a substantial amount of that and we would be looking in the rear view mirror at the virus threat, even though it's not been contained but who would have thought. >> i wouldn't have -- i didn't think it yesterday. i was hoping this morning when the news came out we would have another boost and this is exactly what we have gotten. there's nothing to sneeze at here. the market is doing well for the right reasons. stuart: all right. as your prediction of a 20% gain for the dow this year, the dow up 150 points, we will say good-bye to you. thanks very much for being with us. you're all right. again, up 150 as we speak, 28,870. in our next hour, president trump signs the usmca trade deal. it's great news for our farm
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states. south dakota, for example. and the governor of south dakota is on the program next. when that signing happens, you will see it. charles payne, bret baier will also be here to take you through this. it will be a major ceremony. dominated by president trump. five cases of the virus confirmed in america. it stayed at that level. we will ask ron paul, he's with us and he's a doctor, what can be done, what's the government's role, because he's anti-government, what's the government's role in preventing the spread of the virus? he's on the show. we will ask him. you met on an app. delete it.
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around about 11:00 this morning. you are going to see it. it's going to be a major ceremony. it's going to remind you of that ceremony for the signing of the china trade deal. joining us now, the governor of south dakota. governor, it's great to have you with us. tell us, i know you're going to be at the ceremony, what does usmca do for south dakota? >> well, i won't be at the ceremony today. i'm in south dakota. we are in the middle of our legislative session and we have got a very short session in south dakota so we're working hard on balancing our budget and doing what we do best. south dakota is open for business and that really is what we are focused on. but this agreement is something that's incredibly important for our state and for our country. it's been nearly 25 years since we modernized nafta and getting the usmca signed into place is going to open up markets that we just haven't had a fair deal with for many, many years.
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stuart: just down the road from the signing ceremony, and i mean maybe a quarter mile down the road, they're trying to impeach the president and throw him out of office. you have any comment on that? >> you know, it's interesting, because while that circus is going on, people in south dakota aren't really talking about the impeachment much. we talk about rolling back regulations, keeping our tax, you know, environment friendly for businesses, growing our economy, doing trade deals and selling more pork, dairy, poultry, beef overseas and feeding the world. so people know what's going on but the longer it goes on, the less they're talking about it. i think for this country, we need to get back to business and really focus on what the people care about. stuart: i wish you could have been there and i thought you were going to be at the signing ceremony. i do apologize. i didn't know you were taking care of business in south dakota the way you should be doing there. let me apologize -- >> i was in the d.c. for the
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phase one agreement signing with china and so i was just there, i will be heading back to d.c. next week. we will be having governors meetings, a meeting with the white house on other issues. i've got some indian health service and some tax regulations to work on there. so i will be there as well but we've got some big things moving this week through session and in south dakota, we only have a 36-day session this year. so it's incredibly short and this state comes together with citizen legislators, we balance our budget and we make sure we protect our way of life for the people in this state. stuart: what happened to the rest of america? >> you know what, i once said being governor is humbling for me and i expect south dakota to be an example to the nation. we do our work, then we go home and our legislators go back to their real jobs and are an example that everybody else in this country could follow. so we are focused on rolling out the red carpet for businesses here in south dakota, not the red tape. that really is our agenda. stuart: very good.
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governor, thanks for joining us. always appreciate it. thank you. >> thank you. you bet. stuart: back to the market, still going up. still a nice rally in progress, up about 140 points on the dow. now, i've got some news on mcdonald's and it's related to the coronavirus. what do we have? ashley: on the earnings call, mcdonald's saying look, we have shut down several hundred restaurants, mcdonald's in hubei province which is where wuhan is. they say there are still several thousand still open around china which they say, you know, compared to the numbers that are open, the numbers who are closed is relatively small. china is hugely important to mcdonald's strategically, especially as we look to the future, but they just wanted to make that point that there are still several thousand mcdonald restaurants open around china, several hundred closed in the epicenter of the coronavirus in hubei province. stuart: they did also report foot traffic was down, sales and u.s. operations and around the
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world up, that's what's moving that stock. it's up -- ashley: the impact so far financially of this in china is relatively small. stuart: interesting. ashley: that's helping the stock. stuart: $214 on mcdonald's stock. little gee whiz here, coming to the rescue in china, trying to stem the coronavirus, what's this, there it is, that looks like a robot. lauren: 200 guests are quarantined in that hotel in east china. it's scary. how do you get your food, does someone want to deliver it to you. they have robots bringing food to guests. you can see some of the guests, wearing the masks. it's scary. this shows how scary this situation is, especially when you are near the epicenter. stuart: that's not a gee whiz science story. that's a necessity story. that's a scare story. that's fear. you don't want to -- you don't have to be face-to-face. that's at a hotel? lauren: at a hotel.
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in east china. stuart: okay. that is the place with the foxconn factory. that's an indicator there. check the dow 30. it's a pretty much solid sea of green. no, it's not. about two-thirds in the green, one-third on the downside. we are now up 118 points. how about this one. the average price for a super bowl ticket on the secondary market, $6,429. that's actually according to stub hub guys. they're on the show coming up next. i'm your mother in law. and i like to question your every move. like this left turn. it's the next one. you always drive this slow? how did you make someone i love? that must be why you're always so late. i do not speed. and that's saving me cash with drivewise. my son, he did say that you were the safe option. and that's the nicest thing you ever said to me. so get allstate. stop bossing. where good drivers save 40% for avoiding mayhem, like me.
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stuart: i'm going to throw that number at you again, $6,429 is the average price for a ticket to the super bowl. that's on the secondary market and that is according to stub hub. by the way, that is 45% higher than it was a year ago at the same time right before the super bowl. look who's here. look, seems to me there's been very very strong demand for super bowl tickets which in turn, i'm taking as an economic indicator. this must be a prosperous economy if they can afford that.
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>> stuart, thanks for having me. yes, there is certainly more demand than there was last year. as to whether or not, though, macro economic trends, i'm probably not qualified to say but what i can tell you is a lot of the demand for the super bowl really depends on factors like the city the game is being played in and on the teams that are in there. and i think particularly this matchup with teams that haven't been in the super bowl for awhile, in a beautiful city like miami, is really creating a lot of demand for the game. stuart: am i right in saying that if i come to you and i want a super bowl ticket, but i can't afford $6,400, you will lend me the money at an interest rate of heaven knows what, so i can repay over the year? that's you, isn't it? >> yes. i wouldn't be the one lending it to you, but yes, stub hub is partnered with a firm to be able to create an accessibility for people to get in the door who don't want to put that amount on a credit card right up front.
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the firm has been a fantastic partner of ours and it's really helping people get in the door for bucket list events. stuart: has anybody actually taken out these loans yet? have you done any business? >> we have. we have. we have partnered with a firm both outside of super bowl and for the super bowl and yes, we absolutely have people who are using this service. stuart: what's the interest rate? i'm just asking. it's a financial program. you know, i'm interested in the cost of debt. >> yes, so it really just depends on, after all, this is a firm that's making the analysis but it really depends on a customer's credit and so it varies depending on that. stuart: from what to what? >> i don't -- i don't have the -- i don't have the exact numbers but i'm sure our partners at the firm will be able to tell you that. stuart: i think you are doing very well from this super bowl and that's a very good thing. congratulations. i want to just change the subject a little bit here. people paid a lot of money for the lakers/clippers tickets.
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that game was then postponed. i think they were buying those tickets through you guys, stub hub. do they get a refund? >> yes, so as you are probably aware and as is on our site, in the aftermath of the tragic accident with kobe bryant and the other passengers in that helicopter on sunday, we went out and we said we are going to donate proceeds from the lakers/clippers game to the kobe and vanessa foundation. we obviously the game was then postponed, the date is still tbd. the nba is still scheduling that. we then made the decision to do the same thing for this friday's game at staples center against the portland trailblazers. we felt like that was the right thing to do. we are treating each customer on a case by case basis for the clipper game. ultimately right now, we are waiting on the nba to reschedule the game so that we can figure
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out how best to figure out what to do with the buyers. stuart: all right, look, thanks for joining us. stub hub, good to have you on board. see you again soon. >> thanks so much for having me. stuart: sure thing. now, look, super bowl, here it comes. it's time for those how much are we going to spend on parties? lauren: okay, okay, okay. the economy is strong. so a lot of people spend money to go to the game, to buy a new tv to watch the game at home and to have a lot of food and drinks. i've got some numbers for you. you will like them. the consumer is strong. about $15 billion was spent by americans last year on their super bowl parties. i think it's going to be bigger this year. in one day, just the snacks that we eat, pigs in a blanket, chicken wings, $521 million in one day. that's a lot. stuart: okay. ashley: so unimpressed, mr. varney. stuart: i think it's bogus statistics. we got a survey from some pizza place. what are they going to say? all right. i know i got to go. huge turnout for the president at a rally in new
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jersey last night. meanwhile, in d.c., they are trying to throw him out. oh, what a contrast. i've got my take on that. happening at 11:00 this morning, the signing of usmca. it's going to be a big ceremony. the president will dominate the news and you will see it. we will take you right there. 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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yep. pump the breaks on this, swap it over to that. pump the breaks, and, uh, swap over? that's right. instead of all this that i've already-? yeah. what are we gonna do with these? keep it at your desk, and save it for next time. geico. over 75 years of savings and service. stuart: about 100,000 people were outside the trump rally in new jersey last night. outside. they couldn't get in. the arena was packed the president single-handedly reopened a beach town in winter. as that crowd was gathering, apple reported a sensational quarter. profits way up. spectacular holiday sales. american technology companies truly dominant. that followed news consumers feel good about the economy, their own financial future. why not? you know the story. plenty of jobs. rising wages. mortgage rates low. there is not much inflation.
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you can buy gas less than two bucks a gallon in 13 states. president trump is about to sign the second biggest trade deal of the year usmca, everybody benefits from it. yes, here we go again. what a contrast with what is going on in our nation's capital. the impeachment mess drags on. it is deliberate. the democrats are determined to keep the smear machine going to do maximum damage to the president. no impeachable crime was committed. the democrats can't bottle up the left hatred of this president. if you want to see a sharp contrast, this is, looks no further than what happened in new jersey last night. let's go back to that. the garden state is deep, deep blue but the president turned a jersey beach town into into a heartland of trump support. he held a rally. his supporters took over the town. about 100,000 couldn't get into the arena, they came anyway just to show their raucous support.
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and their intense opposition to democrats and impeachment. that's the contrast. successful presidency attacked by a hate-filled left. now listen to this. >> the congressional democrats are obsessed with demented hoaxes, crazy witch-hunts and deranged partisan crusades. [booing] that is all they know how to do. they have spent the last three years trying to overthrow the last election and we will make sure that they face another crushing defeat in the next election. we are going to have a victory that is even greater than 2016. stuart: there you have it. that was the president at the rally in new jersey last night, wildwood, new jersey, to be precise. former state department official christian whiton with us now. you heard my take, i think, christian, about the contrast, here we go again. this is endless christian, endless.
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>> if you look at economy it is great. if you look the accomplishments the president pushed across the finish line it is terrific. u.s., mexico, canada agreement signed today, is bigger than china deal somewhat after feat. this counts twice as much trade volume and twice as much u.s. exports, services doing terrific. i think when ism manufacturing comes in the next couple of days it is going to look very good. corporate profits doing very well. the stock market at record highs. it is really phenomenal. stuart: tell you one thing about the rally last night, christian, the crowd was angry. they were angry at the democrats. i think that is going to be lasting into the future. before we go on, viewers have to take a look at the market again because we lost the rally we opened with this morning. we were up 200 point at one stage. a few minutes later we're up 50 points. ashley: not sure. pending home sales came across,
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it was down a 5% month to month. it was unexpected. we were expecting a slight gain. that is a forward-looking indicator of the housing market because the contracts become sales. that is poor news if you like for the housing market which showed signs of strength. stuart: we're seeing money flow into treasury bonds, pushing the yield down -- ashley: 1.608. stuart: that is important indicator. money out of risk assets as they call it like stocks, going into non-risk treasurys. ashley: yeah. stuart: price goes you up. yield comes down. that's what is happening right now. we lost the stock market rally. however, look at general electric, they reported early this morning, their ceo says, they gave a rosy forecast. there is recovery for you. ge back to $12.57 a share. how about that? boeing reported too. they reported the first annual net loss since 1997. the max jet problems cost them
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18 billion, but the ceo told maria this morning they are back to producing the max jet in mid-april of this year. they're now up six bucks, 323. apple that is the story of the day, the story of last night and today. new high for the stock, 322. huge sales of the iphone and wearables and they're at 321, up $4 right now. john allison, market watcher, joining us now. i'm inclined to say the bull market is back, led by apple. the virus is taking a back seat. what you do you say? >> well, i think the bull market is here and it is broad and it is deep. it is like having a very good summer but what i would say is, stuart, that the coronavirus and some other unexpected things are going to come back into the picture like thunder storms during the nice, sunny summer. it is not that everything is
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perfect. you have an underlying bull market keeps coming through. it is very broad-based, far bigger than apple earnings and at the same time, coronavirus has aways to go because the authorities are behind the curve on dealing with it. stuart: i have to say following apple's blowout earnings last night, that big tech, major american technology corporations are still dominant. they still dominate the market and they dominate world technology. they're still there. actually getting stronger, john. >> well they are. this is a huge national treasure, apple, microsoft, nvidia, on and on, go with it. you're absolutely correct but the thing that makes this so broad there are many other companies doing well. mastercard, even proctor & gamble selling bounty, you name it, ingersoll-rand. even good old boeing with the loss is bottoming out. ge is coming back. if you look across the board there are relatively few places
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or companies that are not holding their own or getting better. i would say it is very broad-based. you're right, tech is leading sector. stuart: still the leading sector. hey, john. thanks for joining us. i will go back to return to the virus for a moment. health and human services is secretary alex azar said, look, he offered to send cdc experts to china. offered three times, on each occasion they were rejected. no thanks says the chinese. christian whiton, come back in on this. why do the chinese reject our help. >> first and foremost they are interested in control and security. this is chinese communist party, has reason near of globally integrated economy but at the end of the day why do you get viruses coming out of china and not places that have questionable sanitary conditions like india? something happens in india they would welcome the cdc, welcome
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the w.h.o., would welcome doctors around the world. that doesn't happen with dealing with the chinese communist party. the reduced information, they waited a month before they told the w.h.o. about the outbreak and did so on new year's eve. that has a cost and you're seeing that in the spread. stuart: does xi xinping authority take a hit? >> he has had such a terrible year. basically they lost on the china phase one trade agreement. he cracked down on hong kong and has lost there. that is a lingering dissent movement he can't solve. he got tough on taiwan. what happened taiwan reelected very pro-democracy, in favor of quasi-independent president there. i think he will ask for more power and central control. they certainly seem to be going that route. he really underperformed. stuart: you're a diplomat, aren't you? thank you, christian. see you again soon. super bowl commodities up
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sunday. i think it should be played on a saturday. what does super bowl winner greg jennings think about that i will ask him on the show later this hour. we'll ask libertarian ron paul about a virus. did you know he is a doctor. i want to know what role the government should play battling the virus. he is after all a libertarian. we'll see a live flight from wuhan, china, 200 evacuees are expected to arrive later this hour. are there any carriers on the board? we don't know. we'll find out. 11:00 a.m. eastern the president signs the usmca trade deal. you bet we'll see it right there. senator john hoeven will join us and he will be there at the signing. we'll be right back. ♪.
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stuart: we lost the rally. i don't know why. i have no news development on the virus. apple apple and boeing both dow stocks still supporting the dow. we are only up 10 points. a few minutes ago we were up 200. we will figure it out for you. elizabeth warren has a plan for everything. now she has a plan for infectious diseases. tell me. lauren: it is all about funding for health agencies. where will the money come from? a swear jar. a swear jar i committed to funding 160 billion to institute of health. when drug companies break the law i will create a swear law where companies pay a portion of their profits from publicly funded research back to the nih. she used this opportunity to hit president trump. look you eliminated a position, coordinated of global health security.
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i want that position back. stuart: a swear jar. i was talking to christian whiton earlier. i'm going to bring you back. lauren: don't swear. stuart: a swear jar to punish drug companies to break the law. go at it please. >> leave it for a harvard professor to come up with something like that. it will have to be a pretty big square jar. all senator warren do is throw government money and. johnson & johnson is working assiduously at a cure, a vaccine and it could be available potentially within a year. thinking of curing a virus in that little amount of time. it is not a promise. that is the private sector at work. what elizabeth warren wants to do, if you look at her health care plan to spend $20 trillion over 10 years. that is about as much as the gdp in one year, on a government-heavy, "medicare for all" which is euphemism for government takeover of health care. so if you like the dmv and you like the post office you love
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elizabeth warren's health care. stuart: sarcasm is a low form of wit, but you knew that. christian, now saying good-bye to you. thank you very much. breaking news. american airlines suspending some flights to china. ashley: some. beginning february 9th, a week from sunday, to march 27th, flights from l.a. to shanghai, l.a. to beijing, mo nor. american airlines says why. there is concern for the coronavirus. people don't want to take the flight. suspending through march 27th. stuart: demand is down. don't want to fly there at this moment. got it. i will go back to senator warren, the man who confronted her about free college. i will regurgitate that. why not? watch it again please? >> ask one question, my daughter is saved all my money to not get student loans. am i getting money back?
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you will pay for people that didn't save money and those that did the right thing get screwed. my buddy bought a car, went on vacations. i worked a double shift. so, you're laughing at me. that is exactly what you're doing. we did the right thing and we get screwed. stuart: naomi schaefer riley has something to say about that. the resident fellow at the american enterprise institute joins me now. first of all, there is, i think you could say there is a student loan problem. it is at $1.6 trillion. that's a lot of money what would you do about it? >> it is a lot of money but we have to put that in perspective. students who do go to college and graduate earn a milliondollars more over course of their lifetimes than students who don't. student loan debt is a lot. now you have the means to pay that off. second thing to understand when we talking about student loan debt, we're not talking about undergraduate debt, about 17% of
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that debt is graduate programs, law school, business school, medical school. they are in a better position to pay it off. they account 38% of that debt. disproportionate share of the debt is going to people that could definitely afford to pay it back. stuart: would you do any loan forgiveness of any kind. senators warren and sanders would forgive a lot. would you forgive anything. >> people in suable service jobs with, very programs for people, it is clear their long-term prospects the money is not going to be there in the end. i think what happens when you start down the debt forgiveness path, is essentially that you're creating these perverse incentives for people in the future. they think they can borrow and money will just, the debt will disappear. stuart: as the man said to senator warren it is unfair. if you saved, if you're a dad or mom, saved your money, worked extra shift, you put your kid through college, no loan at the
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end of it, you did the right thing. >> right. stuart: why should be penalized for other people? >> not only, that we're penalizing people who didn't go to college at all. we'll force american taxpayers at lower end to subsidize people at higher end to earn college degrees. stuart: explain that again. >> we tax everyone. in the united states the tax burden is going to be eventually on everyone. so this is essentially, a benefit program for the middle and upper class. warren's plan, excludes the top 5% but the vast majority of people who earn college degrees are middle and upper middle class. we're going to say to everyone, oh, you will be responsible for paying back their debt. that is crazy. stuart: that is. never thought of it like that. >> she didn't either apparently. seemed quite shock by the question. in a bubble. stuart: naomi riley. thank you did you say she lives in a bubble.
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>> yes. stuart: i was accused of living in a bubble by someone that supports mike bloomberg. >> that's crazy. stuart: where is the bubble? naomi,. >> thank you. stuart: we told you about mr. trump's twitter feed. he tweeted and retweeted over 100 times a day. he disthat frequently. how much reach does he have? how many people does he reach on a regular basis? we'll break it down for you. we have the story. we'll be back. ♪.
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73. lauren: s&p is positive as well. it had dipped negative. now positive 2 points. stuart: thank you very much indeed. facebook, tesla, will report after the closing bell. you want watch results come in on fox business. all those stocks are up in the advance of the official reading on their earnings. okay. you remember last week we were talking about president trump who broke his personal daily twitter record, 140 tweets, before 6:00 p.m. eastern in one day? our guest this morning is going to tell us how many people the president actually reaches. what impact of erecall no must twitter following. jim anderson, social flow ceo, is with us now. what is his reach? >> interesting question, stuart. 72 million is the potential audience. not just one tweet -- stuart: 72 million twitter followers, right? >> 72 million. everyone of those has the potential. everybody doesn't. half a percent would be a good
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guess. 140 tweets, half a percent apiece. look what happens with retweets. 3 million people retweet his tweets. remember the shampoo commercials, they tell two friend and so on. he is starting with 72 million, starting with a lot more than two friends. it is enormous reach. stuart: does it amount with the president running his own news service. >> i think it does. i is up to 140 tweets. who says he can't do 1000 tweets. he could have a team tweeting him 24 by 7. i hesitate to see what the upper limit. stuart: he has clout. >> he does. stuart: facebook, you work intimately with them. they report this afternoon. if i'm not mistaken you have that look in your eye that forecast as blowout report for facebook. >> one of these times we might be wrong by assuming facebook is doing very well look at their past, what, six earnings reports. they continue to do a great job capturing consumer attention.
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that device i bet does not go two or three feet from you throughout the course of the day. stuart: that's true. >> that is their secret weapon. facebook 180%. so is twitter. all consumption happens on mobile devices. they have algorithms, advertisers provide the dollars that drive earnings. it is a wonderful flywheel for them and been successful six or seven quarters straight. stuart: what is the big number i should look for? number of new subscribers or new active daily users? >> daily active users is the number. monthly active users both are important. 2.5 billion seems to be the number they're aiming for there. it cross ad 2 billion a couple quarters ago. that is a third of the people in the world. how much usage do they get? ad load is always a concern. they can't put too many ads in the feed or you won't use it, right? stuart: they can tell me how many active daley users they have got but can't tell me how much they use isn't. >> they can. they don't necessarily report that metric but they pay a lot of attention to usage, hours,
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minutes, seconds a day they use it. you can bet they monitor quite a bit. how far do they scroll down the news feed, how many ads they have the opportunity to insert. stuart: they know, but i don't. it is a blowout anyway, right? >> we'll see. i think they will do well. stuart: i will take it. jim anderson, thank you very much. happening at 11 this morning. president signs the usmca trade deal. we will take you there. you will see it. by the way senator john hoeven, republican north dakota, he will be at the signing. he is on the show as well. in our last hour, the past hour, senator john barrasso said to us hopes, he expects to have the final vote on impeachment on friday. that's interesting. that assumes i guess no witnesses. we'll talk to senator hoeven about that later this hour. more "varney" after this.
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stuart: we're back up again. we're all over the place this morning. up 200 within minutes of the opening bell. up just one or two points not too many minutes ago. now we're back up 90 points. moments ago we just got the latest numbers how much oil we've got in storage. ashley: we're working on it. 3 1/2 million but is it up or down? let's have a look. it is, up 3 1/2 million. so that means we have a lot more in storage than we thought we would have. which should put downward pressure on oil. stuart: it has. ashley: there you go. it already has been down all morning. there you go under 53 bucks a barrel. stuart: more in storage. ashley: yes. stuart: using less. more in storage, more supply. demand is down. price goes down. 52.89 as we speak.
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i have great hopes for lower gas prices in the very near future. but you know me. president trump signs usmca about half hour from now. north dakota senator john move ven is with us. senator i'm looking for a big tv production job from the president on this one. i think he wants to dominate the news cycle. you will be there, i think? >> it is a big accomplishment and we're here at the white house. i think it will be a really good event. not only negotiating to get the agreement, but getting it through the house. we had to go back and forth with the house quite a while. finally got them to do it. pulled it up in the senate. we got it done in record time. it is great to be here signing it after all that work. stuart: yet, just a few hundred wards down the road they're trying to kick him out, the impeachment proceedings will continue. what do you make of that contrast? >> what i make of that, the people want us working on things that are going to help them like usmca helping other farmers and ranchers, our energy.
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you were talking about energy. this will be good for energy, technology, manufacturing across the board. yesterday the peace plan as far as the two-state solution for israel an palestine, these are the kind of things we need to be working on. stuart: you make a guess for me, mr. senator, what story leads the news tonight, usmca or impeachment? >> i would like it to be usmca. now it may be impeachment. we got to get through that and get on to the work because the stories that should be leading are stories like usmca. stuart: lay it out for us, will you, senator, what is good for your state in usmca? >> well, i will give you an example. this is kind of thing we worked to include in the agreement. we're the largest wheat-producing state in the country. we talked about our oil production. but we're number one in wheat. when we send that up to canada, export it to canada, they automatically downgrade that to feed quality. it is high quality, the best wheat in the world. they downgrade it, we get a lower price.
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under usmca they can't do it. stuart: i didn't know that. >> yeah. stuart: you're the largest wheat-producing state, you are? >> between north dakota, kansas north dakota duke it out every year. we have taken the lead. with hard red, we make pasta out we're number one. they make soft wheat. stuart: when your wheat crows across the border they san kay that is no longer animal feed? >> that makes a big difference. adjudication process for disputes is better. this will help our exporters. stuart: what a terrible thing to say about north dakota wheat. animal feed? >> it is the best, stuart, it is the best. when you eat the high quality delicious pasta, that is durham from north dakota. stuart: let me go back to something else now. >> okay. stuart: on the program, this program earlier today, we had senator john barrasso, republican from wyoming, talking about impeachment. he said something very important. let me roll tape. see what he had to say.
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roll it please. >> the momentum in our conference is clearly moving towards ending this trial, going to a final vote a vote on final judgment. we hope to have that on friday. stuart: let me repeat that. that is dramatic stuff. the good senator says they have got momentum looking toward as final vote on friday. that apparently means no witnesses. what do you have to say about that? >> well i think so too, stuart. because i think the facts don't change. in fact the money was released. the aid was provided to the ukraine. there was no investigation done by the ukrainians. president zelensky said he was not pressured to do one. so that doesn't change. we have had a lot of witnesses and we have had a lot of documents, a lot of testimony. stuart: because if it does require witnesses to be called, if that happens, this thing goes on forever. >> right. then it is really hard to determine how the process even goes. that's right. stuart: got it.
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senator, we'll be looking for you in the ceremony later on this morning. wave to the cameras because we'll be looking for you. senator john hoeven, north dakota, wheat guy. i didn't know that. >> thanks, stuart. stuart: trump tweet came to us on the iraq juarez solution being voted on tomorrow in the house of representatives, we are down to 5,000 soldiers and going down. i want everyone, republican and democrat to vote their heart. just came at us from the president himself. got it. mcdonald's has an update on their operations in china relation to the virus. jeff flock is with us. they had a call this morning, a conference call with analysts. you were on it. what did you get out of that call? reporter: specifically to china, both good news and bad news when it comes to mcdonald's and i want to make sure i get this right from my notes. that is they have closed several hundred restaurants in one province hardest hit.
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however the good news is, they don't have as much exposure in china as you might have thought. they have 3,000 restaurants in the country still open and according to the ceo only, while in china negative about 9% of the restaurants, only 5% of systemwide sales are in china. actually not such terrible news as we stand outside in the cold, corporate headquarters of mcdonald's. this is mcdonald's restaurant by the way. see all the kiosks there, no one is using them. i guess old people like me don't like kiosks. stuart. stuart: i don't like the kiosks either. i want to walk up up to the counter, burger and black coffee to go for seniors an i'm out of here. >> i like talking to people. lauren: i'm young. i hate them. stuart: you might like talking to people. there is nobody on the street anywhere near you, you realize that? reporter: this is like wuhan here.
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this is wuhan what it looks like, without the masks. stuart: be very careful, my son. i will move on. tim horton's, the chain, they have dropped beyond meat. ashley, they have dropped beyond meat. ashley: laughing at jeff flock. yes, indeed they have. it got booted from the menu. look, we introduced a plant-based protein at limited time offer to test the interests of our guests they say. having alternative available. guess what? ultimately the product was not embraced by our guests as we thought it would be. we may offer other alternatives in the future but we removed it from the menu for now. so there you go. stuart: kfc is adding, adding beyond meat to their menu. ashley: yeah they are. stuart: i just don't know why you would walk into a fast-food operation to specifically asked for plant-based burger? lauren: you need planned based and chick own. a hot chicken sandwich,
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plant-based something or other with a fast-food, fast casual restaurant. trending. stuart: they're not demanding it or asking about it. what was it about the impossible whopper, burger king? no demand. ashley: who goes to burger king for fake meat. stuart: i can see going to a supermarket, but i can't see going to a restaurant specifically, consistently to grab me a -- they're all laughing at me. ashley: i'm with you. i'm a fast-food guy. lauren: carnivore at heart. stuart: super bowl this sunday, kansas city chiefs face the 49ers. i say the super bowl should be played on a saturday. what does super bowl winner greg jennings think about that? he is on the show. we're watching the live arrival from wuhan, china. 200 american american evacuees .
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♪. stuart: can't they play the super bowl on a saturday so people like me can watch the thing? >> stuart, i'm for it. i never even thought about it before. i am seeing seeing this now it o many sense. you can't say to the teams you don't have enough time to get ready. they have plenty of time. they used to do one week. they have 13 days. make it 13 days, sunday you hang out and reflect. monday we can be productive and
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help the economy. stuart: kilmeade, i think he is agreed with me. lauren: he did. stuart: it should be played on a saturday. he did. our next guest by the way had two touchdown catches to lead the packers in super bowl 45 to beat the steelers in 2007. that is greg jennings, fox sports host. welcome to the program. >> thanks for having me. i appreciate it. stuart: let's do super bowl saturday. what say you? >> super bowl saturday, it sounds good. i think from a team and player perspective it changes and alters a lot of what teams are getting prepared for, for the week. players are creatures of habit. coaches want players to be creatures of habit and have level of consistency. stuart: oh, common. look, i know you're a big hotshot sports guy. you're on fox sports. i got it but you're wimping out here. there is no reason to play on
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saturday night. what do you need? , you still get 13 days preparation and i can watch. >> you do. i agree with you wholeheartedly there. however i think the league would consider also, you could watch but you could also drink a little bit more. and so with having it on sunday, you're a little more mindful of what you will take in as far as, take back, i should say so that monday you're ready to go back to work. stuart: okay, okay. stay there for a second please. i want to get some numbers on the amount of money that will be bet on the super bowl. have you got a number? lauren: it's huge. 26 million people are expected to place a bet on the super bowl on sunday. bet something legal in 20 states, coming to more. expected to wager $6.8 billion. stuart: 6.8 billion on the table. ashley: hello. stuart: how about that? hey, greg, what do you say about that? $6.8 billion worth of bets? are you on the field and playing
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in the super bowl are you conscious of the betting that is going on? >> no, not at all. not at all. i think, what's interesting is a lot of fans, specifically a lot of gamblers think that games are rigged and that you know, there is a team that is already going to win and over and under are pretty much set and locked and that is just not the case. games have to be played out week in, week out, what happens, happens, and players are definitely not mindful of the gambling odds at that particular moment. stuart: but you know, betting, all this money that is bet on the game is very good for ratings, tv ratings, because, you watch the game until the very, very end, no matter what bet you're playing, you watch to the very end. all good stuff, hey? >> 100% agree with you. couldn't agree with you more. that is what makes sports and gambling so intriguing. it is not so much who wins. it is how they win.
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what's the margin of victory? did i get, cover the spread, whatever the case may be. that is what, that is what keeps viewers glued to the television, so networks love it. companies like organizations like the nfl love it because it is like, i don't need to you really watch because you love the game of football. if you are a gambler, you love to gamble, we know you're going to watch. stuart: do you miss it? you caught two touchdown pass as few short years ago, do you miss it, all that glory, the crowd roaring? >> you know what? i really don't i really don't. i'm in a stage of my life, i'm daddy, i'm husband, i'm friend. i have a sense of normalcy if you will. i really appreciate that aspect of things. i was one of those guys i would be all present, all-in in the locker room, give myself to
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whatever organization i was with. once i walked out of that facility it was all family time from there. that is where i am at. connell: are you doing some of the commentary for fox on the super bowl on sunday? >> i'm not doing any of the commentary on sunday for the game. we've been in studio all week. we'll continue to be in studio shows leading up until friday. so that is where i've been. stuart: okay. greg, wish you the best of luck. i know you're doing some bodybuilding these days. i have no idea why, you look as fit as a fiddle. frankly, one of these days i get you to see my point of view on super bowl saturday. >> super bowl saturday. stuart: greg, good luck to you thanks for being on the show. >> thanks. stuart: a presidential tweet. here it is. there is much talk that certain democrats are going to be voting with republicans on the impeachment hoax, so that the
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senate can get back to the business of taking care of the american people. sorry, but cryin' chuck schumer will never let that happen. that's from the president about impeachment. got it. nissan trying to boost its bottom line, cutting jobs. tell me more. ashley: basically undoing everything carlos ghosn tried to do when he was back in charge. he wanted to expand around the globe, boosting capacity, bring in new models. drive into new markets even, india, russia, south africa. all of that has been undone. now the company says struggling, sales have really fallen off, it says it will cut 4300 white-collar jobs at headquarters around the world. also shutting down a couple of manufacturing sites. they're trying to save $4 billion in the next three years. tough times for nissan carlos ghosn after what happened to him
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many car companies stocks are languishing ford, general motors. ashley: they're stuck in the move towards electric vehicles. how much do they plow into it. all prices continue to not push the consumer in that direction. stuart: this is live action tv. moments from now you will see the arrival from the flight from wuhan, china, carrying 200 american evacuees. that flight is expected to land in the next ten minutes in california. the question is will anybody on board have the virus? then at 11, the historic usmca signing. we'll be there and you will sigh it all. promise. ry it. oh no, that looks gross what is that? you gotta try it, it's terrible. i don't wanna tray it if it's terrible. it's like mango chutney and burnt hair. no thank you, i have a very sensitive palate. just try it! hey guys, i think we should hurry up. if you taste something bad, you want someone else to try it.
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stuart: we have come back. we were up 200, we were up 10. then we were up 90. now we're up 150 points. seems to me, we have more news on the virus coming at you, seems to me the virus is taking a back seat to the stellar profits reported by apple, stellar profits being reported elsewhere. the bull market appears to be back. we're at 28,874. now look at johnson & johnson. they're going full throttle, fighting the virus. they are developing a vaccine and separately, sending other
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supplies to china. that stock is up a buck at $150 a share. also on the virus, british citizens, they're flying out of wuhan china. are they going back to britain? ashley: they are. but they're probably going to a military base where they will be quarantined for at least two weeks. these passengers were screened hours before they got on the plane. if they showed any symptoms they were not allowed on. they will be monitored throughout the flight. but again brits saying you will be cut off, isolated for the next two weeks. maybe sure no symptoms -- stuart: they said that, two weeks? ashley: absolutely two weeks. stuart: we're awaiting for arrival you of that plane coming out of wuhan, china, carrying 200 americans. that will land at a base. ashley: march reserve base riverside county. stuart: is that a military base. ashley: a reserve base. it was supposed to go to ontario
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but there were complaint why we are landing the plane at residential airport. stuart: it is about to land in a few minutes. lauren: passengers were screened many times. they were screened two times before they left china. alaska, screened two times there. now making their way to california. stuart: so all precautions are being taken? lauren: yeah. ashley: everything you can do. there is no passenger windows on this plane. it is locked up tight which i find interesting. stuart: seems like going to extremes, probably the right thing to do you have to say. the last thing you want to bring people in from wuhan, china, they got it and contaminate other people. the absolute last thing you would want. if you want to see panic, that will give you panic. ashley: yeah. stuart: as i say, this developments on the virus, not affecting the market at least not right now. we have the dow up nearly 150 points, even though the virus has not been contained.
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latest count, we have 132 deaths in china. 5100 cases in china. this is a huge expansion from just yesterday, 24 hours. and yet, this market is no longer paying attention to the virus. it is paying attention to the profits from apple last night, it is paying attention from the likely profits, from facebook, tesla, the other one reports today. microsoft, they're paying very much attention to that also usmca. it is going to be signed formally in the next couple minutes with a presidential signing ceremony right there in the white house. that has to be a plus for this market. it is. we're up 145 points. what they have daily flights to shanghai and to beijing. all of that has been suspended until further notice. they say until the end of this week but it's on a basis by basis number. obviously we will keep an eye on
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that. but more airlines now are saying no flights. because in many cases, a lack of demand. there's people wanting to fly into, you know, an epidemic of the virus. stuart: on your screen is the flight path of that plane that's taking american evacuees out of wuhan and bringing them to riverside, california. it is supposed to land in just a few minutes. as you can see, gigantic press assortment waiting for them to land. the question is, does anybody on board have this virus and what are we going to do with the people when they land? ashley: that's the question. lauren: housing will be provided. stuart: of course. but is it a quarantine situation, a lockdown situation, all precautions being taken? i think that's where we are. we are waiting for the arrival. ashley: the difficulty, although they are still trying to get a handle on how this virus behaves, the incubation period could be 10 to 14 days. so you may not show any symptoms and that's why we are looking at these two-week quarantine periods because it gives the entire period, if there is going to be a virus that comes to
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light, that would happen within that two weeks. stuart: what you really have to do is allay anxiety. ashley: correct. stuart: because if the authorities -- if people start to think there's risk here, i'm at risk, if you start to see those face masks appear on a mass basis, you do not want that. ashley: no. stuart: you want the authorities to take every precaution possible. ashley: we understand the personnel at this base, march reserve base, will not have any contact with these passengers. that's going to be, you know, federal health officials will deal with the passengers but they will not have contact at all with any of the base personnel. stuart: this is going to become universal. because you take every precaution, absolutely every single one you possibly can. ashley: you have to. stuart: the dow still up, nice triple digit gain there. my colleague charles payne has joined me, as we await for the signing of the usmca trade deal which we will bring you, supposed to take place in the next few minutes. charles payne, am i right in saying that the virus which took
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the market down earlier in the week is now playing a back seat, taking a back seat to the profitability of american corporations? charles: it is for a moment. i think we should give a lot of credit to the cdc. they came out two days in a row, i was hoping they would come out today. every day if they can do this at 11:30, give us an update. when they said no new confirmed cases, 110 folks under observation, they are already determined about 36 were negative, that's the kind of leadership we talked about. you said we don't want to see people walking around with masks and things. we don't want a panic in this country because the irony of course is that we have had 8100 people die from the flu this season, and so it's the uncertainty factor of this, of the coronavirus that scares people, so i think as long as these public health officials keep stepping up to the plate, it's going to create a certain calm and that allows the market to refocus on ultimately what always determines where the market goes, earnings and guidance. stuart: okay. also joining me now, as we
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approach the 11:00 hour, my friend and colleague bill hemmer. >> how are you, stuart? good morning to you. stuart: he will be anchoring a show this afternoon. >> tell a million people. we will take all viewers. stuart: wait a second. i want to know what you think is going to be the lead media story. not you, but the media in general. >> today? this impeachment. yet again. stuart: it is? bill: i thought there were major headlines that were popping last night that suggested republicans don't have enough votes to hold the wall of witnesses. maybe they don't but then some other headlines that came out, they considered perhaps some of the democrats would break the wall. maybe the headline was accurate when mitch mcconnell said we don't have enough republicans but maybe that was not considering a potential joe manchin. stuart: okay. so impeachment is the number one story in that media, not talking about you, talking about the
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mass media. that's the number one story. yet we are about to sign the biggest trade deal -- bill: you make a phenomenal point. stuart: here we have this virus coming, i don't know whether the virus is coming at us but we've got planes going in quarantine because of the virus but no, no, impeachment has to rule the roost. bill: i think charles's evaluation is spot on. the cdc said no new cases, that's a very good sign. we hope they continue to do that on a daily basis. with regard to what's happening on the trade deal, i can't speak about it from an economic standpoint. from a political standpoint, however, here are the numbers. the house voted 385-41. the senate voted 89-10. democrats were not happy with the deal, they wanted to get better protection in there for mexican workers. the administration came back and said we will give that to you. is richard trumka going to be at the signing rally today? if you want bipartisan legislation, it is entirely
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possible in washington given the impeachment trial -- charles: can i say one thing? to your point, this could have been signed maybe a year ago if they didn't play games with it and the economic benefits could be enjoyed right now and it makes us wonder, bill, what's not happening with the impeachment, you know, thing going on. further, what are we going to miss out on as americans? what bipartisan agreements could we have that could -- bill: some republican senators, too, are not getting the work done. to your question, today is a significant day. so too is tomorrow and friday. the whole issue about the impeachment trial is witnesses. what are they going to do? if they decide on witnesses, we could go down a rabbit hole for several weeks at minimum. that is why it is such a significant story. stuart: i will give you that, bill hemmer. i will give you that. because one thing that drives me up the wall, it is to see our president being absolutely trashed on a daily basis in congress, in d.c., while the rest of the world, the rest of
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the people are looking at prosperity, a stock market rally, a new trade deal, and a tumultuous rally for the president in new jersey last night. bill: i think what the president was saying, exactly the last point you made, the amount of people who showed up in wildwood, new jersey in that district in southern new jersey where jeff van drew has now converted from democrat to republican, he's been out on the cable shows for several days saying the president said if you come over, i will do a rally in your district. just tell me when you want it to happen. last night it did. stuart: they opened up the town for that rally. there are 100,000 people outside, couldn't get in. 100,000. every motel, all the diners reopened in a beach town in mid-winter. isn't that something? bill: you know, i'm a child of cable news and i remember vividly the debate on larry king between ross perot and al gore. ashley: oh, yes. bill: this is november 1993. so many millions of americans
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tuned in to watch this. i went to youtube this morning just to hear a couple of the arguments that were being made there. what ross perot argued was over the past several decades, the amount of american investment in mexico did not raise the standard of living for middle class mexicans. that was the point he was making. so i ask you all, will this deal do that? stuart: it will help. charles: there's a minimum wage in there. minimum wage increase for mexican workers. it will raise the incomes for all workers in north america. so a greater percentage of autos, for instance, has to be made in north america than before. 75% from 62%. there are wage increases. so richard trumka should be there. stuart: right-hand side of the screen is the lineup, awaiting the official ceremony, signing of the usmca. left-hand side of the screen, the arrival of that plane carrying i think 200 american evacuees from wuhan, china.
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now, what's going to happen to them when they land? ashley: they will have no contact with anybody. this was supposed to land at ontario, about 35 miles east of los angeles. they were ready, they were set to go but at the last minute, the cdc said nope, we are going to divert this flight to a military base, march reserve base, which is also in riverside county but a bit further inland, and there's going to be obviously some sort of isolation here. we are told the base personnel are not going to have any contact with these passengers who came from the epicenter of the virus in wuhan. interesting plane. there's no passenger windows on this. it did touch down in alaska. they did customs and everything there. they were rechecked again to see if any symptoms were being shown. they all got back on the plane and now here they are arriving in southern california after a very long journey from wuhan. stuart: let me explain to my colleague, bill hemmer here. charles: colleague and friend. i'm just a colleague to you.
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stuart: get out of here. where was i? i was explaining something. i want to explain why we are giving such prominence to that plane arriving in the next couple of minutes in riverside, california. we want to give maximum publicity to the fact that any threat of that virus coming here will be met with maximum precautions. that plane will land, the people will be taken away, they will have no contact with other people on the ground, they will be isolated. that's our chance at stopping this virus from getting here and really spreading. that's why we are giving prominence to it. bill: it's a good plan. it's a hard thing to do. i think the incubation period could be, what, 14 days? i think a lot of what you're seeing, especially this past weekend, is whether it was ebola or sars or the bird flu, this is one of those fear factors that make headlines because we don't
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know how far and how deep it goes. stuart: precisely. the stock market has to weigh all of these counter vailing influences. in the market right now, you've got a rally. the market is weighing what about this usmca signing, what about the virus, what about apple reporting absolutely spectacular blowout results, what about the profit reports that have been coming through, very solid, i believe, and the collective judgment that the market is rally, take it up, up 137 points. bill: who thought warren buffett was smart to go in at 220? the thing fell to 140, 145. look how smart he looks now. stuart: you are an investor. bill: that's a trillion dollar company. talk to charles. how many times in your life will you see a trillion dollar market cap company make a 100 point
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move in six months? that's generational. stuart: yeah. charles: the numbers that they posted justify it. i mean, i think it won't be long before we are talking about $2 trillion. but i want to just chime in on the plane because even after checking out these folks, i think the other thing we will have to deal with is when they speak to the media. i was reading where some people, some of the japanese folks who went back to japan and they described wuhan, you know, it's going to be interesting to hear how they describe -- stuart: how did the japanese describe it? charles: really dreadful. very negative, very scary. so that's something also that will add to public anxiety over the next week or so. stuart: and criticism of xi jinping and the regime. charles: unprecedented. stuart: yes. that's a very rare thing. that's our not excuse but our reason for putting the plane on the air and giving it such prominence. right-hand side of the screen, we are very much waiting for the president to sign usmca. can we get back to apple for a
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moment? it really dominates the market today. bill, i know you follow this. do you know they made $22 billion profit in 13 weeks? $22 billion in 13 weeks. bill: extraordinary. yeah. stuart: they sold $55 billion worth of iphones in 13 weeks. they have $91 billion worth of revenue in 13 weeks. i have never seen anything like that before in my life. bill: it looks like ivanka and jared are coming into the rose garden at the white house. i used to do this in my last life. remember that? not too long ago. stuart: jared kushner. bill: i went to kenya over new year's and was in vietnam for the summit before that. any time you get the opportunity to get outside the u.s. and get into some of these far-flung countries, and you see the number of people who have this device in their hand, and they live on it, i think what buffett said, he said i don't care about the projection for apple.
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what i care about is that hundreds of millions of people every day are using it -- charles: it's not just their xhun kie communication. in africa it's how they bank. you don't have to dig holes or lay wire anymore. stuart: we have gone full screen now. the president of the united states walking to the podium. the crowd is applauding. it's a star-studded crowd. we have seen many members of the administration and of congress, governors of various states. so i think we are going to listen in now. keep an eye on the bottom right-hand corner of the screen. that is the dow industrial average. we will also be showing you the plane that is about to land in riverside, california. those people will be taken away, no contact with people on the ground. it's all happening right now. what you're looking at is the president of the united states. bill: it's an election year and i think about a conversation i had with someone about a month ago very close to the campaign. they said remember these four words, bill, promises made,
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promises kept. stuart: you got that right. the president is speaking. >> well, thank you very much. that's beautiful music. such talented musicians and we appreciate it very much. we have a tremendous -- [ applause ] prf we have a tremendous list of people here today. if i announced every name we would be here for about three hours. we have to get back to business, everybody does. please sit down. please. but i want to thank everybody for coming, coming to the white house on this very momentous, historic and joyous occasion. it's been a long time. everybody said this was a deal that could not be done, too complicated, too big, couldn't be done. we got it done. today we are finally ending the nafta nightmare and signing into law the brand new u.s. mexico canada agreement. very special.
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very very special. the usmca is the largest, fairest, most balanced and modern trade agreement ever achieved. there's never been anything like it. other countries are now looking at it but they can't be a border like that because believe it or not, that is by far the biggest border anywhere in the world in terms of economy, in terms of people, there's nothing even close. this is a colossal victory for our farmers, ranchers, energy workers, factory workers and american workers in all 50 states, and you could almost say beyond, because it's all beyond. this is all over the world, even though it's at one beautiful border. we are, by the way, a very major powerful wall is right now being built. okay? i don't know if i should say that at this particular meeting. last night it got a very big hand. today, they are a little bit like are we supposed to clap now?
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the usmca is estimated to add another 1.2% to our gdp and create countless new american jobs. it will make our blue collar boom which is beyond anybody's expectation even bigger, stronger and more extraordinary, delivering massive gains for the loyal citizens of our nation. for the first time in american history, we have replaced a disastrous trade deal that rewarded outsourcing with a truly fair and reciprocal trade deal that will keep jobs, wealth and growth right here in america. in a true sense it's also a partnership with mexico and canada and ourselves against the world. it's really a trade partnership, if you look at it that way. it's a day of great celebration in all three countries. i want to thank our amazing vice
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president, mike pence, who helped us so much with the deal. i would like to show appreciation to ambassador lighthizer, jared kushner, steve mnuchin and all of these incredible people. like i said, they said it couldn't be done. welcome also to members of congress who were key to getting the deal done, including senator grassley. where's chuck? where is chuck? oh, he was brutal. he would call me, he would say how is it going, how is it going, and with chuck you just don't mess around. i said we'll get it done, don't worry. thank you, senator, very much. and pat roberts, martha mcsally. i want to just, if i could, mention, because we do have some incredible people that worked so ha hard, senators, and maybe i'm
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being just nice to them because i want their vote. does that make sense? i don't want to leave anybody out. hey, congressman, i already got your vote. 196-0. i think i have to mention some senators -- but marsha blackburn. where is marsha blackburn? marsha, great. marsha blackburn, great state of tennessee. roy blunt, thank you, roy. thank you, roy. john bozeman. thank you, john. thank you very much. great job. mike braun. he's become a big fixture on television and doing a great job. shelley moore-capito, thank you. west virginia, great place. senator bill cassidy. senator, thank you very much. jon cornyn, thank you, john. your poll numbers are looking good, john.
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very, very good. you don't have to worry about be beto, do you, john. a great young gentleman who has been with us from the beginning, tom cotton. where's tom? thank you, tom. thank you, tom. kevin cramer. thank you, kevin. ted cruz. boy, has he been -- where's ted? he's dying to get back there and ask those questions. i know. he's sitting there let me out of here, president, i want to ask those questions. he's got some beauties, i bet. thank you for everything, ted. you have been incredible. steve daines, my friend from the beginning. thank you, steve. joni ernst. joni ernst. that was the tag team with chuck grassley and joni ernst. it was impossible. i would just say tell them i'm not in, please. senator deb fisher. terrific person.
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terrific person. lindsey graham. where is lindsey? he may be having a news conference right now. he's working on something. he said i'm going over to a news conference. i said you know what, i would rather have you at the news conference. don't worry, we'll take care of it. a young brilliant guy who has done incredibly well and respected by everybody, senator josh hawley. josh, tremendous. i think he's another one, he doesn't want to come over here right now. where's john hoven? you have been so great. thank you, john. senator james lankford. he is a terrific person. we were just together on a very special day, right, james? kel kel kelly loffler. congratulations, they already like you a lot. that's what the word is. thank you. martha mcsally.
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great, martha. great. jerry moran. jerry, thank you, jerry. did a great job in a lot of different ways, and another one is james rish. fantastic job you do. and mike rounds, where is mike? mike, thank you. he's always there. he's fantastic. tim scott. mr. opportunity zone. i think he's over there fighting. he's saying just read the transcripts. he's doing great. tom tillis. where is tom? and roger wicker. is there anybody -- thank you, roger. roger, is there anybody i didn't introduce? i would like to apologize immediately. where's rick? he's been one of the greats. i figured he was over there. rick, why are you not over there, rick? rick scott has been so
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incredible. great governor of florida, great, great governor, now a great senator. thank you very much. the rest of you, i don't have to bother with. you know the way it works in life, right? right, ivanka? trying to teach her but she could teach me. i really want to thank all of those people. also with us is kevin mccarthy, kevin brady, mike conaway, steve scalise. they have been incredible from day one. literally a hundred other wonderful congressmen and women, we appreciate you being here. kevin, congratulations on your big victory yesterday. that was incredible. he's also a tremendous fundraiser. not that that matters. we don't even think about that. but that was a big victory you had yesterday. thank you very much. also here are many of the state and local leaders including a really good friend of mine, somebody that is going to get that pipeline through and approved and finished.
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pete ricketts of nebraska. where's pete? pete, thank you very much. and a special man and a very popular governor and very capable governor has done an incredible job and he's been a tremendous supporter of all of us, greg abbott of texas. thank you, greg. great job. great job. we are very grateful for the close partnership and cooperation with prime minister trudeau and for our incredible friendship and the relationship that we have developed with president lopez obrador. we are honored to be joined by acting ambassador hillman from canada. ambassador barcena of mexico. mexican undersecretary, mexican minister of economy marquez and mexican foreign minister. great people, we got to know them very well. this was a long negotiation,
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complex, spent a lot of time with them. thank you very much for being here. i want to say that i have our great cabinet right up here but i'm not sure, i don't know. ted, should i introduce the cabinet? you want to get back, right? let's forget it. my cabinet is great. every one of them. every one of them, they're fantastic. they are fantastic. we appreciate it very much. you've done a great job. getting good credits for what you're doing and we really appreciate it. really fantastic. after nafta's adoption, more than 25 years ago, the united states lost nearly one-fourth of all of its manufacturing jobs, including more than one in five vehicle manufacturing jobs. thin think of that. one in five jobs lost so needlessly. thousands of factories were shuttered. millions of manufacturing jobs were destroyed and entire communities were devastated from ohio to pennsylvania, michigan to maine and california to north
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carolina, devastated. two decades of politicians ran for office vowing to replace the nafta and this was a catastrophe, the nafta catastrophe. yet once elected, they never even tried. they never even gave it a shot. they sold out. but i'm not like those other politicians. i guess in many ways. i keep my promises and i'm fighting for the american worker and we're all fighting for the american worker, everybody here is fighting for the american worker. this agreement is a tremendous breakthrough for american agriculture. canada will finally provide greater access for american dairy. canada's opening up. it will grow annual exports to our neighbors by an estimated $315 million. poultry exports to canada are expected to rise by at least 50%, and egg export could
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increase by 500%. where is the canadian folks? where are they? you guys did a good job on us before this deal, i'll tell you. canada was very tough. they're our friends so we appreciate it. very importantly, canada will finally give fair treatment to american-grown wheat. the usmca is also a massive win for american manufacturers and auto workers. under nafta, companies would give huge incentives to produce cars in foreign countries and ship them to america tax-free. no tax, no nothing. we lost our jobs, we closed our factories, and other countries built our cars. but we have changed that. we are now setting records. the usmca closes these terrible loopholes and include strong provisions to ensure that new cars are fashioned by american
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hands. that's a fancy word of saying built. and manufactured with american labor. we have some of the great labor leaders here right now. i think james hoffa, where is james hoffa? james, thank you very much, james. great. thank you very much. great. fiat chrysler is already investing $4.5 billion in creating 6,500 new jobs in michigan and opening up the first new detroit plant in more than 30 years. and we have a lot of them happening. ford is putting in 1.5 billion in creating 3,000 new jobs while gm is investing $2.2 billion in creating 2,200 new jobs in michigan to build vehicles of the future, and i believe we have the chairman and president and bosses of those two companies.
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please, mary, where's mary? mary barra, thank you very much. and ford, thank you very much. we appreciate it. what a great job. please stand. come on. for that kind of money, anything over $2 billion, you're allowed to stand. anything over $2 billion, otherwise we don't have you stand. thank you. thank you both very much. steel dynamics is building a $1.9 billion flat rolled steel mill near corpus christie, and international auto makers are pouring $25 billion into the united states, creating 50,000 new american jobs at a minimum. they are all investing in a future where we buy higher and drive american cars again. i like that. it's very important part of the deal. mexico and canada have agreed to new labor protections that my
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administration negotiated, the usmca is the first trade deal in nearly two decades endorsed by the afl-cio. thank you very much. great. that was great. thank you. the usmca contains critical protections for intellectual property including trade secrets, digital services and financial services. it establishes new standards and safeguards protecting the environment and currency stability, something that has been on my mind for a lot of years, long before i got here. what they've done to us with currency is crazy. it includes protections for american-made fibers, yarns and fabrics, boosting the u.s. textile industry by numbers that you won't even believe. you will see them soon. this is a cutting edge state of the art agreement that protects, defends and serves the great people of our country. thanks to our pro worker, pro
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america economic policies, unemployment is at the lowest level in more than 50 years. that's great. and we have created in a very short period of time a number that nobody would have believed if i ever said it during the campaign, they wouldn't have believed, the estimate was two million, the most you could do was two million. we have created over seven million new jobs up until this point. over seven million new jobs. nobody would have believed that. real median household income is now the highest level ever recorded, history of our country, ever recorded. more americans are working today than have ever worked in the history of our country. we are up to almost 160 million people working. we have never even come close to a number like that. we have the hottest economy on earth. other countries come to see me in the oval office and the first thing they say is what are you
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doing with your economy, they try to copy us. many have copied us and it hasn't worked so well for them, to put it mildly. we are doing better than acounty anywhere in the world and it's not even close. millions of extraordinary men and women strengthen our country every day in factories and warehouses, fields and farms, mills and stockyards, all across this magnificent land. their work and devotion and drive inspires our people, empowers our nation. together we are building a glorious future that is raised, grown, built and made right here in the glorious usa. i would now like to invite vice president pence and ambassador lighthizer to say a few words. they worked very hard on the agreement and i'm just going to finish off saying that this is something we really put our heart into. it's probably the number one reason that i decided to lead this crazy life that i'm leading right now as opposed to that
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beautiful simple life of luxury that i led before this happened. but i love doing it and the reason i love doing it is that nobody in a period of three years has done so much as all of us have, nobody. there's never been an administration that has done what we've done in the first three years. that means we're doing great things for the people of our country and beyond the people of our country and it's a real honor to be involved and to have helped so many people. a real honor. it's an honor to have all of you with us. thank you very much. mike, please say a few words. >> thank you, mr. president. mr. president, members of the cabinet, especially ambassador bob lighthizer, governors, members of the senate, members of the house of representatives, leaders from businesses large and small across america, and
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all the hard-working americans that are here and are looking on, this is a great day for american workers and american farmers because mr. president, thanks to your leadership, nafta ends today and a new era of jobs and growth begins under the usmca. mr. president, as a candidate and as our president, you said we could get this economy moving again and with the support of the members of congress gathered here, we cut taxes, for working families and businesses large and small. we rolled back regulation. you unleashed american energy. but mr. president, you also challenged our party and the american people to think in new ways about international trade and the american economy is booming. as you just said, more than seven million jobs created unemployment at a 50-year low and i know what means most to you is that wages are rising
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across the board but they are rising most rapidly for hard-working blue collar americans. mr. president, today you will sign the largest trade deal in american history. today thanks to your leadership, we will leave behind the failed policies of the past and have a new trade deal that will benefit every american. as a son of the heartland, let me say i couldn't be more grateful for your leadership. i saw firsthand how nafta hollowed out communities, caused thousands of factories to close, shuttered businesses in communities across my state and across the heartland. we saw thousands of jobs go south of the border, over a million americans lost their jobs. thanks to your leadership, mr. president, those days are over.
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there are so many to thank here. members of the house and senate who stood with us every step of the way that you have acknowledged. you have done a great service to the american people. let me also thank the governors here and governors around the country and mayors around the country who stood with this president believing that we could do better as well. mr. president, you directed me to travel across this country over the past year -- stuart: he this athey are about usmca. prior to the actual signing, let me bring you up to speed on three stories, very important stories which we are covering for you. number one, bottom right-hand corner of the screen, the bull market run continues. the dow is up well over 140 points. we got that covered for you. number two, that plane did land in california with those people evacuated from wuhan so we are on top of the virus story as well. number three, bill hemmer is with me, who has new information on impeachment. i'm going to go to bill first because this is new, just coming at us, and i think it's very important. what have you got?
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bill: there is eight hours of questions today and eight hours of questions tomorrow, so i will give you this information but -- stuart: i don't care. bill: i care. this can always change. i think it's very fluid right now, especially within the republican caucus. for that matter, the democratic caucus as well. speaking with a senator very close to leadership a short time ago, they believe you could go to 10:00 or 11:00 tonight, taking all the breaks into consideration. as of the moment, the momentum is still to go to a final vote on friday. stuart: that's the news. bill: as for the moment, the momentum is for no witnesses. stuart: that's the news. bill: the reason why this is important is because you have mitt romney and lisa murkowski and susan collins, they may have lost them just for the sake of this discussion. if they are gone, who do you bring over to set up say a firewall during the vote? there was a piece that came out last night in politico, joe manchin of west virginia, doug jones in alabama, kirsten sinema in arizona. i asked this person whether or not he believes that story and he said a number of democrats
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don't believe they made the case. the headline as of this hour. stuart: the headline, the news that you just delivered for us is that the republican party, the people in the senate, are working towards a final vote on friday. bill: they are working toward. stuart: if that's the case, that means there ain't no witnesses. bill: that's -- stuart: that's the bottom line. bill: once again, once you get into questions, who knows how they are interpreted by both sides. it remains fluid. stuart: i see that as a positive, maybe for the market as well. by the way, senator john barrasso was on this program this morning, he said the same thing. he said the republicans were working towards a final vote on friday. he said that to us two hours ago. i think a senatorial colleague has probably been talking to you and they said the same thing. bill: look at the comments given to bret baier last night, i believe on friday when we get to a decision whether to get witnesses, we are not going to do it. lindsey graham came on last night, he said the president will be acquitted, i think it will be this week. so this goes to this argument
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about momentum. you need 51. stuart: so glad you're on the show this morning. don't be such a stranger. you can break news for us any time you like. that's one story. impeachment. second story, the bull market rally continues. jason katz with me now. jason, i'm saying the virus is on the back burner, at least temporarily maybe, but it's on the back burner for the time being. on the front burner is the profitability of apple, american big tech and the bull market is back. >> exactly. over the weekend, as a result of social meade why adia and the w live in, people had a lot of time to stew about the virus. monday, selloff. here we have two days where we basically made up that lost ground, why? one, because of news like today. usmca is a net positive, could add a half point to gdp but to your earlier point, it's all about what companies say. mcdonald's this morning, starbucks, apple.
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they have all addressed the virus. they all said that it has and will affect supply chains and business but they expect it to be contained and manageable. that is what the market is responding to. stuart: the virus is still expanding. we've got 5,100 cases reported in china, 132 deaths. so it's not been contained. but the impact of it, these companies are saying, at this moment, is not catastrophic. i think that's what they're saying. >> that is what they're saying. obviously it's concerning, but if you look at history as a guide, you can't drive through life exclusively looking at the rear view mirror but look at sars, lasted eight months. we saw the market pull back 10%, 12%, then we saw a sharp pullback in gdp in china that particular quarter, but what did we see the next quarter? a swift recovery. so we'll see how this plays out but if that's any guide, not to be dismissive here, we will get
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past this and we will get back to what's important. what's important, earnings. stuart: got it. hold on for a second. ash, i want to go to you. that plane landed. my point would be the authorities are obviously taking maximum precautions to reassure everybody. ashley: those passengers are now off the plane, they were taken away in a number of buses. they are going to be taken to temporary housing where they will undergo also of course, additional testing. it's not known and officials are not saying how long are they going to stay in quarantine, essentially. this plane was supposed to land at ontario airport which is a normal commuter type airport in riverside county, and it was diverted because the cdc said no, i think we need to push this plane out to a military base where we can do more testing on these passengers to make sure they don't have any symptoms of the coronavirus. this was a plane chartered by the u.s. government to get diplomats working in wuhan out, their families and some other americans who were literally at
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grount ground zero of this virus. we don't know how long they will be kept in isolation. stuart: it's a major containment effort. ashley: yes. stuart: got it. now, another huge story today, this is we are about 16 hours old, but nonetheless it's still news, apple. if you take a look at their profits and their sales, they were absolutely astonishing. let me run through a couple for you. number one, $22 billion worth of profit in 13 weeks. $55 billion worth of iphone sales in 13 weeks. $91 billion in revenue, coming across the transom, in 13 weeks. jason, that is an astonishing thing. my question is, its ths that bl report going to carry the other big techs forward? is it indicative of the other bigtechs? i'm not asking you to forecast their earnings but are they on track to keep going the way they are? >> apple makes up a huge part of the market cap of the s&p. so if apple moves directionally the right way, the s&p will
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follow. is that indicative of what other companies are going to do with respect to earnings? to some extent. we expect earnings this year on balance to be up 6%, 7%. if we don't get 6%, 7% earnings, i think we are vulnerable for a little volatility and garden variety pullback. the street's at 10%. we are a little more conservative. as i said on your show countless times, in the long run, stocks follow earnings. it seems to me and our firm that business decision leaders now that they see trade frictions dissipating, are likely to loosen their pursestrings. we just did a survey, the ubs investor sentiment survey, and the numbers, we call it the big jump, that's what we titled the report this quarter, and it was pretty astounding. we saw a big jump from 68% of the people we surveyed are more optimistic on the economy versus last quarter at 55%. then we look at their view on
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the market, 65% versus 50% are optimistic. so america is bullish here. bill: here would be my query, if i may. 18 months ago, apple and samsung were in a dog fight. how did apple pull out of that? >> thanks to the gentleman who just gave the speech about usmca. bill: is that it? >> i think that's a big part of it. some of the waivers. but the fact is, the vortex, the good vortex known as apple is ubiquitous and whether you are here, china or elsewhere, they are just a behemoth. stuart: trump helped apple? >> certainly, from the standpoint of the waivers that were granted. stuart: bill is right, a year ago, apple's stock was about half what it is now. it's almost doubled in the past year. you're saying president trump had something to do with that in the context of china relations and china trade? >> that, and of course, the 30% surge in the market and companies that were trading at
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multiples below the market, and there are many like apple that have a lot of cash, finally getting rewarded. bill: i watch this company a lot. they went to 220 and everybody thought that was astronomical, then it went to 140, 145, then went back to 220 and blew right through it. we are up into 300s -- go ahead. stuart: i have to break in because i have bret baier with us this morning. bret, come in, please. we have been getting very interesting news and perspective about impeachment. about two hours ago on this program, senator john barrasso said that he and the republicans in the senate were moving towards a final vote on friday of this week. my colleague and your colleague bill hemmer sitting next to me just reinforced that. his sources are saying the republicans are trying to move towards a final vote on friday which means no witnesses. >> the quote was the momentum is for no witnesses, for a final vote on friday. as of now. stuart: what have you got on
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this? >> i don't think they have the votes yet but that's what they are trying to do. rick scott suggested the same thing the me on the air on "special report" last night. you had cory gardner up for re-election in colorado stand up in the caucus meeting and say the longer that this goes on, the more things will drop, and he is fighting for no witnesses as well. i think that that's the way they are heading but it's ambitious at this point that they don't have the votes to close that door. the next couple of days will be essentially herding the cats for the senate majority leader and he's very good at it. he's a little shy, from what i'm told right now. stuart: okay. bret, hold on just a second. i want to go back to the president who resumed his remarks at the white house. >> -- and we expect to be taking in $250 billion a year in purchases. they will be purchasing so much from our farmers, i have been saying they have to go out and buy immediately larger tractors and more land. i hope they can do it.
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but the number is the largest number they have ever produced was 16 billion a year. i think, chuck, we can say that. joni, you would say 16 was the number. i called up our great secretary of agriculture, sonny, who is already probably around some place. i said what's the biggest number. he said sir, 16 billion is the biggest number. i said all right, we will make it up because they were targeted perhaps correctly. china is negotiating. that's why nobody wanted to take it on. they said we are going to target your farmers and every other leader of our country said oh, we are going to pass. our farmers were incredible because they said the president is doing the right thing. but i said what's the number we're talking about. and it was $16 billion. it was $12 billion from the previous year so it was $12 billion and $16 billion and that was it. that was the maximum they have ever done. so i said you know what we have to do? we are going to reimburse them and help them with $12 billion for the first year, $16 billion, same thing, for the second year
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and the farmers got through and they didn't want that. nobody wanted to call it a subsidy and it wasn't a subsidy, it was really a targeting fee, you could call it. but our farmers, i will never forget it, we had them over at the white house, in the cabinet room, 35 farmers, and they said sir, we don't want any money. we just want a level playing field. we don't want money. i said you know what, i have been president now at that time for two and a half years. i said that's the first time anybody's ever said that. everybody wants money and they don't care how they get it. this is the first time they said we don't want -- we just want a level playing field. they are the most incredible people. when some of the people from the media, i'm going to be very nice today, the people from the media went out to the farms and they went out to iowa and they went to nebraska, they went to all of the different, many of the different states, and they said what do you think about what the president is doing, they are
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all -- i don't think i heard one negative. no matter who it was, no matter which network, the farmers would say the president is doing the right thing, this should have been done a long time ago. i will never forget it. now the farmers are going to be tremendous beneficiaries. in fact, when bob was getting ready to sign the agreement, very close, we were a few days off, and i said what are we getting for the farmers? sir, we have it up to $20 billion purchased. i said make it 50. they said what do you mean, make it 50. remember that one, bob? i said make it 50. he said sir, they can't produce that much. i said they'll find a way to do it. i think they'll find a way. chuck, if they don't find a way i'm going to be very angry at you, okay? el thi they'll find a way but it's true. they had it down to 20, more than they've ever done before. i said make it 50 and they're going to. i think china is going to be really terrific. i think our relationship has never been better. we are very much involved with
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them right now on the virus that's going around. we are working very closely. i spoke to president xi, we are working very closely with china and honestly, i think as tough as this negotiation was, i think our relationship with china now might be the best it's been in a long, long time. and now it's reciprocal. before we were being ripped off badly. now we have a reciprocal relationship, maybe even better than reciprocal for us. because we have a long way to go before we get back some of the $500 billion a year that we were losing for year after year to china. so we're very honored by that deal and we're very honored by the usmca and i just want to thank everybody in the audience because almost every one of you indirectly or directly was involved, and history is going to show you are going to be very very proud of what's happening and very proud of what's happening to our country. thank you all for being here very much. i'm going to have the honor of
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signing the usmca. thank you very much. [ applause ] will some of our great leaders come up? cabinet members come up? why don't we have everybody come up, mick, everybody, cabinet, jared, ivanka, come on up. this will be very historic. so if you don't -- senators, come on up. come on, senators. come on, senators, please come up. please. please come up. we're going to take care of the senators. the workers understand. they get it better than anybody. hi, fellas. this is great. bob, if we could have some of the folks that worked so hard on the agreement come up from your department. come on up. come on up.
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stuart: now, the president does not have a microphone in front of him so we can't exactly hear what he's saying. but as you can tell, this is a setup for the actual signing. he's invited various members of the cabinet and some senators to come and stand behind him. those people perhaps who had a role in organizing the new usmca. i see the trade negotiator mr. lighthizer in the back there and of course, vice president pence. so they are about to sign and i believe representatives of mexico and canada are also there. i presume that they will sign, although i do not know that for
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a fact, but certainly the president just signed it. there you are. there is his very distinctive signature, his huge black strokes all over the place. there is no denying that that is a presidential signature right there. while you have been watching this, a lot of other stuff has been going on. that plane has landed with the 200 american evacuees. it has landed in california and as you can see, it landed and the people were taken out and put on buses. is that right? ashley: greeted by officials in white haz/mat suits, as the picture kind of zooms in there. they were taken right away on buses to temporary housing, where they will undergo more testing. the question we don't know is how long are they going to be at this facility. could be up to two weeks. a uk plane arrived, also went to a military base. we are told they are going to be kept in uk for two weeks isolated. stuart: we also had news or opinion, i should say, movement on impeachment.
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our colleague bill hemmer was suggesting that the momentum within the republicans in the senate is towards a final vote on friday. bill: that's the word. listen, it's 11:50 in the morning on wednesday. that's what they're saying. how much of that is a push toward that, i think it's a lot of it, frankly. what bret is saying, it could be very -- could be very accurate. it appears to me they are right on the line, stuart. stuart: witnesses or no witnesses, final vote friday. got it. bill: what that means is the drama is established for friday in a significant way. stuart: i would call that positive news as far as the market's concerned. jason katz joining me. if there is indeed real movement towards a final vote on friday, some sources saying it is, i take that as a positive for stocks. what say you? >> without a doubt. it's just yet one other headwind that dissipates. look, impeachment really hasn't been part of the wall street research lexicon both before,
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during and i'm not so sure it's going to be after, but it's just one other minor roadblock, well, minor is probably not the right characterization, but if you think about all the headwinds that have either dissipated or become tailwinds, market participants can finally focus on corporate earnings and where the economy is growing. so yes, if this comes to a conclusion by friday, i would suspect that the markets will enjoy that. stuart: okay. again, to repeat, it's momentum but it ain't there yet. bill: i would just refer you back to the politics of what you are watching on screen left here. this is a big deal. this is the new nafta, 25 years later. this is an election year issue that this white house is going to run on. we did phase one with china, now we got a deal with canada and mexico. come back to the phrase that he has pushed for some time, not keep america great or make america great again, but promises made, promises kept. this is one of them. stuart: and usmca is very good for our economy.
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america's economy. we will put some momentum behind it. bill: according to the white house, it could add half a point to gdp. add the phase one trade deal, that could also add close to a point. stuart: it's all happening, isn't it. right-hand side of the screen, people arriving from wuhan, to a form of quarantine. the authorities using maximum caution. you don't want this thing to spread if it's here already. the market is up 120 points, as in the dow jones industrial average. i keep going back to apple. they are still pounding away with a record high. i believe currently they are somewhere in the neighborhood of, punch this thing up right now, well over $320 a share. new record highs this morning. i've got boeing up four bucks. they are close to $320 right now. they came out this morning and said yeah, they made a big loss, the biggest since 1997, but their new ceo told maria bartiromo on this network this
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morning that they wanted to restart production of the max jet by april of this year. that's a positive. blake burman is with us, joining us, you were at this signing ceremony. set the scene for me, blake. what happened? reporter: one thing i would note is that president trump has had the usmca in his possession over here at the white house for about a week's time. he very simply could have just gone into the oval office, signed it and that would have been that and moved on. however, there's a reason why the president and a reason why the white house didn't do that, is because there have been many inside this white house who have been arguing for awhile now that this needs to be elevated and it should be elevated, that it's a signature accomplishment and that it needs to be put before the american people, especially with the backdrop right now in washington, d.c., and that is exactly why you saw this event here today. you could go week by week, month by month where it seems like there's sort of a legislative accomplishment that this administration feels like they need to highlight, and this one i think, stuart, is probably the biggest we have been to in terms
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of sheer size of audience. again, there's a reason for that. the white house felt that this needed to be elevated and it deserved to be elevated. going forward here, the plan for the president, for the white house, is to get him on the road and to tout usmca. we will see him do that tomorrow in the state of michigan. i would note, stuart, that when the white house passed tax reform and the president signed into law, it was their plan to put him on the road for awhile and to tout tax reform. he did so for a bit and then the plans fizzled out after that. the white house's big plans to get the president out there, to tout usmca, but as you know, it is also an election year. you know what's happening here in washington and the outstanding questions with that. so we'll have to see how the schedule shakes out, but as far as setting the scene here, some 400 people and the reason is, the white house wanted to elevate this very moment. stuart: i'm not surprised. of course, if you elevate that moment, you play a counterpunch to the impeachment proceedings going on a few hundred yards down the road. that's pretty good tv production
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and control of the news cycle, if you ask me. but let me just pick up on what you were saying about putting the president on the road. i want to go back to that extraordinary rally in new jersey last night. 100,000 people couldn't get in but they were there to see him, and the entire beach town literally was reopened for that rally. now, i've got some numbers here that are from brad parscale, the president's campaign chief, and he's saying look, what was it, 26% of the people at the rally last night, this is in new jersey, were democrats. they turned out for him. what was the other number? bill: that was one of them. that's coming from their campaign. we will see. but i think what blake points out, they are going to michigan, i believe if blake is still there, also, he has a rally in des moines, iowa coming up? reporter: yes. bill: a rally in manchester, new hampshire. what he has, he's got a story he can sell with this signing. that is if you want to get it done, washington, we can because the bipartisan vote on this was
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substantial, 385-41 in the house, 89-10 in the senate. reporter: one of the open questions i can tell you, when the president is going to rallies in these states, iowa, new hampshire, states that the white house says will benefit from the trade deal, might the white house might pair up a usmca event? a official government event in the morning or afternoon, then pair that up with a campaign rally in the evening? something they're working through over here i can tell you. stuart: president will take it to the opposition. take it to the swing states. have a whopping big rally, dominate the news again. ashley: more numbers from the trump campaign regarding the new jersey rally. more than 10% of those that went didn't even vote in 2016. that could be a new pot of voters for the trump campaign. 158,000 people tried to get tickets for the event. 158,000 requests. stuart: good lord. the stadium, auditorium held
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7 1/2 thousand. there were 100,000 outside. we had video of lines of people stretching for mile after mile. the hotels in town, closed up for the winter, reopened, jam-packed full of trump supporters. banners all over the place. red, white, blue. >> one of those things karl rove will talk about a lot. how you go to the cities and states you collect stateta. this started in 2008 when barack obama had a big rally in convention in denver outside. media said, why are you doing this? 70,000 people. this is a show. i can tell you his campaign manager at the time, david plouffe, says, you guys can write whatever you want. i don't care about the headlines. all i care there are 70,000 people walking through the gate. i will get 70,000 cell phone numbers and 70,000 emails, and work through them to contact people of like mind. this is done the same way in
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2020 on hyperspeed. stuart: yes it is all about the data. i never thought of that. >> you're a data guy, come on. this is your bag. stuart:mmoi? don't you know i live in a bubble. >> you can come on my show anytime, 3:00 eastern. noon on the west coast. we're right upstairs. it is an easy walk. stuart: you're killing me. it is nap time. you're killing me here. okay. wrap things up. i have got 45 seconds left. i have will tell you a lot of things. my thanks to jason, bill hemmer, my colleagues ashley, deirdre. thanks for joining us on a very difficult day. left-hand side of the screen. you seen it, signing of usmca, which is actually a bigger trade deal than the one in china. coming up tomorrow, first gdp figures. which quarter is that. gdp quarter. which one is it? big picture of economy view.
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we'll get it 8:30 tomorrow morning. i'm not sure what quarter it refers to. larry kudlow will be on the show. comments about the economy, fed, inflation, you name it. he is a favorite guest. fourth quarter figures that we get tomorrow. can't wait. neil, it's yours. neil: stuart, thank you very, very much. 25 years after the first nafta agreement, that was also heralded by bill clinton at the time something that would change our trade picture dramatically. this president rips that up, starts all over and says that his deal is better. time as they say will tell. welcome, everybody, i'm neil cavuto. the president signing the usmca into law and touting what he expects will be a huge victory for the american people. take a look. >> everybody said this was a deal that could not be done. too complicated, too big, couldn't be done. we got it done. today we're finally ending the nafta nightmare, signing into law the brand new u.s. mexico
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