tv Bulls Bears FOX Business February 28, 2020 5:00pm-6:00pm EST
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shortage across the nation and also a cdc rep telling fox news that travis air fort base evacuees from that diamond princess crews will be released on monday. no word yet how many. connell: what a week. wow. melissa: bulls & bears now. david: coronavirus virus fears plunging the stocks capping the worst week for wall street and the s&p 500 entering its fastest correction ever but it seemed at one point today it was going to be a lot worse for stocks it got a little better this is bulls & bears thank you for joinings everybody i'm david asman. let's go straight to the trading floors jeff flock is at the cme in chicago but first to jackie did, at the new york stock exchange. reporter: well it's a little good news good evening to you david but what happened on the floor today and in the last seven days was very unnerving
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for traders and investors alike to say the least. session lows today 1,085 on the dow to claw back finishing lower by only 357, so folks down here were able to take a deep breath having seen that, but this was all on the coronavirus. it just rattled the market seven straight days of selling the worst week on wall street since the financial crisis, all three indices ending in correction. for the week the dow gave up 3,580 points and as investors rushed out of equities and oil, the rig assets moved into the safe haven of the u.s. treasury, the yield on the 10 year setting a new all-time low, under 1.2%. now the federal reserve weighed in today, no rate cuts were on the horizon, but jerome powell told the markets that the fundamentals of the u.s. economy remain strong
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but the coronavirus of course poses an evolving risk to economic activity adding the fed will use its tools and act as appropriate to support the economy, david. so, traders basically telling me they're taking a sigh of relief right now pausing over the weekend but hoping selling doesn't come on monday but takes this from a correction to a bear market. david: we actually might hear something from the fed between now and monday bewail wait and see what they work out. jackie thank you very much. now to jeff at the cme. of course oil is a big part of what we're watching down there, but also gold. a lot of people calling in saying what's happening with gold so first talk about oil. reporter: yes, oil first and i got good news for you david. things were not as bad as they could have been as jackie pointed out on equities the same take a look at the day trade in oil we got as low as 43.85 at one point the low of the session we closed at 44.76 so we clawed a long way back and now in the after-hours i'm looking at the last trade, 45.26, so it
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could have been worse. same true of brent also down on the day, but could have been worse when it was over. now gold. yeah, you ask an interesting question there. why in the face of the situation we have right now, isn't gold soaring as it typically be? well here is a couple thoughts and by the way gold closing today down 4.6%, some people think the traders have been caught, short, and margin calls on your equities there are losses in equities so they had to sell gold other people suggest that maybe people just don't want to be in gold they want to actually be in cash. of course if the economy does poorly jewelry isn't exactly all that popular either. lastly, we talk about the potential of a fed rate cut. we track that here at the cme by the fed fund futures rate, and take a look at the possibility of a cut in march at least what the futures are telling us a 52.8% chance of a quarter point
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cut, and a 47% chance of a half point cut. as you point out, david it's possible that the fed could even do something sooner no great indication of that. always an important day of trading when the trash is on the floor it looks like blood on the floor. david: that's just coffee but somebody will have to have a big broom for that mess jeff thank you. at least the dollar is king that's good news in a way. jeff thank you very much let's bring in our panel now joining us, heather zuhdi jasserummarrag ga, gary b. smith and jessica tarlov and capital markets head of research and strategy thanks so much for being here, katherine. this weeks sell-off brought on by intensified fears of course that the coronavirus spreading rapidly all over the globe, but here is what national economic director, council larry kudlow told our own stuart "varney" earlier today. listen. >> don't rule out more
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optimistic options. i'm sure in the u.s. , and elsewhere, there will be more reports of coronavirus cases but that does not mean that this thing is going to sky rocket in north america and the usa. we still feel the risk of something very bad is low. that's what our experts are telling us and i don't think this has a thing to do with 2009 the u.s. economy is fundamental ly sound. david: so katherine, are markets over reacting? >> well david let's look at the facts we're down 12%, right? and i contend the following. if you don't think it's likely then you might just think it's reasonable. one there's going to be an end to the virus. we're going to get a vaccine at some point, demand is going to be delayed not destroyed, the fed is going to cut, china becomes a stimulus and trump beats bernie and if i'm right the markets entire by year-end and you start to enter the
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markets, you know, over the next week, i would say. i think that it's super tuesday, i think we'll have debate on this issue could bring a leg lower, if in fact we get a sanders sweep so i'm looking with my clients both to cover my shorts, which we did today, and then enter the markets at the beginning of next week. david: interesting. >> katherine it's heather so you said you are looking to cover and maybe enter the market at some time next week i've been telling investors it be prudent to wait maybe especially over the weekend which i think i hear you're saying that, but what are you looking to buy? what do you think is under valued and injustly sold off? >> well everything is sold off of course, heather but the s&p is disproportionately so and if in fact you think the u.s. economy is not on a recession you'll want to go spx, so what we cover today was a massive massive return, was put options we put them on over the
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course of january and february, each time the market hit new record highs we said the completion baked into the market is far too great, and at this point that has been our best recommendat for everything. if you don't think the u.s. is going to recession if you buy even some of my arguments i already laid out then you are going to want to start entering the markets. i would say when you get into that bear market territory for which we're only about eight points away. >> when you look at money over time, time is money, right? you know, i agree with you with respect to demand eventually come back but it's a question of really when. there's been positive news coming out in terms of vaccination i'm hearing mixed stories, it might take-up to a year that's way too long, the fed is stepping in possibly, in march, doing its rate cut, there's a lot of things going on but it's still a lot of uncertainty. we don't know the speed of
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recovery. we've been hearing new cases, we've also heard stories of in terms of people dying and things of that nature but how do you put all of this together as it relates to gdp growth as far as how things look over the next three quarters? >> you're right and the market hates uncertainty which is why we're at this point, but this does have a lower mortality rate. it's widely reported that this virus mortality rate has about a 2% versus ebola which is north of 60% and others so certainly there's that. the other point that i would mention is that you do tend to get av-shaped recovery when you have these illness-related legs down both in the market and the economy. look at natural disasters, and zika, ebola, in every single instance, depending on the duration as you actually point out depending on the duration, you do get demand that's delayed rather than destroyed. >> you know, i agree with i
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guess 95% of your point, katherine. david: that's pretty good. >> i guess the only one about the cure, i'm not even sure per john's point that's important. i still don't think and we'll have people on the show, we actually have vaccines for sars out there. we were in development along those lines and they kind of petered out and the funding went away, like it normally does it was the crisis of the day, so just like we've seen in china, they are starting to reopen factors, maybe it just dies of its own natural causes if you will, but the one thing i do want to get to is i guess i'm more in the point of you think, i guess i'm assuming this be a v -shaped recovery. a drop this dramatic though and i look back on the charts for almost the last 20 years. this one really stands out and i'm not sure just given the magnitude not the percentage
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but maybe more of the point drop we go up a bit. that's almost certain we'll have some kind of drop. then i think we come back and test the lows, then i be a buyer what do you think of that scenario? >> look i agree with you on the perspective of the velocity of the collapse. there i'll agree with you, the multi-thousand point collapse, i agree. the magnitude of it thus far? i differ. if you look at the sars epidemic from 2002-2003 but once it was contained, however you had a two -month rebound of 28%, so normally, i kind of get the sense you're saying there is a risk that this could be doomsday, book of revelations where this takes down the globe. that i think -- >> no, no, what i'm saying is i would say there's a better chance right now, i'd say there's a better chance at this point of dropping to the 20 % than going up from here.
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>> sure, oh, i agree with you and that's what i'm telling our clients saying hey, guys at 20% you start buying and you start buying in block. and big block sizes. david: katherine i want to shift gears a little bit because president trump was speaking on what he says is moving the markets just moments ago. listen and i want your reaction and jessicas too. president trump: it's the unknown, you know, they look at it and say how long will this last? i think they aren't very happy with the democrat candidates when they see them. i think that has an impact. we think we're going to win and win easily. david: let me get jessica first and then katherine. there were a lot of inconsistencies of what the president was talking about there and i understand why it's a shift blame on to bernie sanders at this particular moment but bernie has actually been having his surge for a few weeks now, since iowa actually and it seems that this is related to the virus. do you think it's fair of the president to be lapping some
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of this on to bernie and i know in your opening statement you did mention fear of a sanders presidency and what that is going to do to the market or is the president really just trying to hide from his own health crisis which he put up to defeat president obama when we had an ebola issue in 2014? >> yeah, my role is not political in nature so i'm out to make the most money for my clients so my view is that if you have a presidential candidate who as pouses policies that going to make collapse for sectors of the s&p 500, jessica, that comprise 60% of that index then yes i think you'll get a negative reaction i'm talking about of course nationalization of healthcare, bringing back and really casting the banks, i'm talking about breaking up big tech and of course, the elimination of fracking and traditional coal, so those four sectors are more than 60% of the s&p so that was
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the primary reason why i recommended the put options and why those options we unwound them with a 200% return. david: we've got to leave it at that, what a pleasure to see you katherine please come back and see us again appreciate it. calming virus fears at home the trump adminitration and key officials briefing house members today, tennessee congressman and er doctor, mark green, was in that briefing, he joins us next with everything he needs, we need to know, that's next. i'm your 70lb st. bernard puppy,
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over the world, one official telling fox business, "we will weather this , it will not last forever. " tennessee congressman and er physician mark green was in that briefing congressman great to have you here. you have a unique perspective as an er doctor, as to what exactly these emergency rooms all over the country are having to expect. you have to expect the worst if you're in er, no matter what kind of an er facility it is. are they getting what they feed from the federal government and state governments to help them in preparing? >> absolutely david thanks for having me on the show. you know our emergency department is from really 9/11 have done disaster preparedness drills, i think they are required to do them every year for their accreditation so these hospitals are really prepared for this kind of stuff and in fact most of the people who get treated for coronavirus, they are going to be treated at home 80% of the patients who get this it's going to be
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mild-to-moderate disease, the folks who wind up in the hospitals in the er, it's going to be about around 20 to less than 20% so they're ready. they practice this stuff all the time. these er doctors in our nation and nurses are the best in the world, they are going to take good care of us. >> congressman when the public and investors hear the number of deaths increasing, the number of new cases increasing, when they hear stuff like that and they don't get anything else, do you know what? the number of cases, the good news in terms of the number of cases the vaccination, without other anecdotes and so forth, right? so the thing is, wouldn't it be prudent from a risk assessment perspective to give out that information in terms of how well the patients are doing that's here but abroad. >> yeah, i think that
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information is very important, to understand what we call the mortality rate or the fatality rate and if you're greater than 80 years old the mortality rate and if you have core o coronary artery disease your risk is about 10.5% so those folks who are elderly they need to be very careful, and limit things like that and there's a vast majority, the rest of us it's not something to be too concerned about, but the mortality outside of china combined, so these numbers you take it
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realistically,, and employee emphasize its messaging on this. gary? >> congressman, trying to build on that, that this may not be quite as bad as people see , and i guess the whole funding issue, and put this where the white house has requested i think $..5 billion for funding. we spent great amounts of sars, i'm sure in the billions i know probably a quarter of a billion dollars, and yet, to my knowledge we never came up with vaccines or cures for anything. it's kind of like the regular flu. they just petered out, and developed immunizations on their own and people did die but they just went along and then interest was lost, so my question to you is is all the funding a necessary, andb, is it indeed put to good use?
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>> so the funding is there to get test kits out there to make sure that our stockpiles may get , we may use up some of the supplies in our strategic healthcare stockpiles, so we're going to have to replenish that stuff. we may need to assist in getting the vaccine developed. i do want to be accurate though on ebola, they did come up with some treatment for that that's pretty novel. the mers is still considered technically uncontained and sars is considered by the world health organization contained so there is some need for the money so now they will criticize the president no matter what he does. the new york times is calling this thing the trump virus so the left has lost their mind and everything is trump's fault, but you do need some money, and we do need to get it going fast to get those test kits out there. >> hi, congressman member of the loone y left here. thank you so much for joining the program. >> i always enjoy talking with
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the loony left. >> i would like to hear from more doctors frankly i'd be happy if i only heard from doctors. >> gavin newsom should take that advice. >> there are plenty of republicans that are not doctors out there talking as well and my question is about the vaccine, and they said it could be up to a year in new york actually, there have been some false starts in getting the vaccine read that the testing kits actually aren't decent but then we have israel saying they are going to have a vaccine within weeks. do you have any perspective on why it might be that our neighbors and our friends over there, in israel could be moving so much faster on this , and when you think that we could possibly have a vaccine? >> sure, i think the stage one, you'll see the stage one test which is a smaller group of patients probably in the next two to three months and then there will be a larger trial that typically takes about eight months because you want to know about the side effects and all of that stuff so this is a great
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disease to treat with vaccines, because it strikes the elders very much like flu, so we should come up with a vaccine, but we want to make sure we come up with the right vaccine. david: congressman we've got to leave it at that thank you so much for being here we'll be right back. with sofi, get your credit cards right by consolidating your credit card debt into one monthly payment. and get your interest rate right so you can save big. get a no-fee personal loan up to $100k. get a no-fee personal loan you wouldn't accept from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase. ♪ yes i'm stuck in the middle with you, ♪ no one likes to feel stuck, boxed in, or held back. especially by something like your cloud. it's a problem. but the ibm cloud is different. it's the most open and secure public cloud for business.
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david: the south carolina show down, we're just one day away from the primary that could be make or break for some campaigns the candidates giving their last ditch efforts all day in the crucial state, hillary vaughn is in gilbert right now with more, hi, hillary. reporter: david 2020 democrats are using their final stretch of campaigning before the first in the south primary tomorrow, to attack the president, for the way he's handled the coronavirus outbreak.
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>> trump thought his upbeat tweets could somehow stop the coronavirus. well i have news for donald trump like the rest of us this virus is not impressed by his tweets. >> this week the stock market has plunged partly out of fear but also because investors have no confidence that the president is capable of managing the crisis. >> [applause] >> turns out that donald trump is in charleston today. now i want you to think about what it says about this. everybody knows there is a coronavirus spreading all over the world. very frightening stock market is tanking. he's here to try to disrupt the democratic primary. how pathetic and how petty can you be? this is biden's big bet on the black voters here in south carolina to make him viable into super tuesday, his main message, david, has been that sanders, the current democratic front
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runner, has been against obama in the past and present by floating a challenge to him in the primary in 2012 and now, promising to tackle, or take down obamacare and replace it with medicare for all david? david: hillary vaughn thank you very much so meanwhile a new fox news poll showing bernie sanders taking the lead nationally for the first time, jessica this is your territory, bernie is not in south carolina today he's up in massachusetts. has he written off south carolina? >> i couldn't say he's written it off but he's facing and not coming in first in south carolina, probably not going to come in second, but soon to be third, potentially second he's going places where he has a real chance of winning, he's up 15 points i think on elizabeth warren and her home state, and is really trying to draw contrast with the progressive left, things warren has there and to just say i am the progressive standard, this is also coming at a time when we had new polls out today showing him up big in california and texas which are huge delegate-rich states for super tuesday, so i think sanders is just running a smart strategic
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campaign here, and there have been a lot of candidates chris crossing the country this week not all in on south carolina like joe biden needs to be to prove that he's still a viable candidate. david: heather? >> jessica i was just wondering why don't the democrats, the democratic strategy should be more in line with who can beat president trump, hello? david: okay sorry heather it's just, it's our earpiece keep going. we'll play up in the studio, go ahead. >> okay, sure so i was just wondering, the democratic strategy should be to back a candidate that be president trump in a general election. i don't think bernie sanders could do it. i mean down here in florida as a resident of florida especially you look at congressman fernandez for example, saying that bernie sanders would not be president trump in a general,tel emundo had a survey out saying trump be a socialist and bernie sanders like 41 point margin so shouldn't that be the strategy?
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david: good question, and gary you're also in florida i'm just wondering is bernie totally out of the picture now in florida because of his comments on cuba? quickly. >> well no, look, he is heather knows this as well as possible he's going to gain momentum and lose south carolina, i go to an excellent side called election bidding odds where people sent money, it's historically the most accurate and it's a win of 13 or 14 of 15 whatever the number is on super tuesday, and i think he's almost a lock for the nomination i'm with heather though. this is a republican dream scenario, because i think he's going to get crushed in the general election. david: we've got to leave it at that. thank you gang well should you cancel your travel plans we'll be asking the director of travel , well, at emor y, dr. henry wu is with us and what you need to know if you have a flight coming up that's next. there's a company that's talked to even more real people
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learn more about aarp medicare supplement plan options and rates to fit your needs oh, and happy birthday... or retirement... in advance. david: a fox business alert the president just tweeting this out "i am pleased to announce the nomination john rat liff to be director of national intelligence. i would have completed the process earlier but john wanted to wait after the ig report was finished. john is an outstanding man of great talent, you might remember he withdrawn his name for consideration for the same job last year amid bipartisan concerns about his qualifications but the president is now moving ahead with his
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choice for the job. moving on to the virus it's slam ming the travel industry as california is monitoring over 8,000 people, who just arrived on commercial flights from asia so far 30 cases have been confirmed in california. this out of the 63 cases across the united states, with worldwide cases surging to over 83,000, the airline industry is expected to take a hit of nearly $30 billion for the year. dr. of infectious disease henry wu joins us now and also heading the travel well center at emory university, doctor great to have you here thank you for being here very personal note i'm flying to florida this weekend. my wife and i were just wondering should we be wearing masks on the flight is that something everybody should do now? >> thanks for having me here. the cdc and who did not routinely recommend masks for the general public. they really are meant to be used with patients and health care
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workers. i do encourage folks to take the measures that we believe are most protective, the hand hygiene, avoiding sick individuals, cough, sneeze, and general social distancing, you know, avoiding crowds when it's feasible. i think masks certainly have a role in the health care setting and on the outside its never been clear if they are of much help so certainly i would encourage folks to focus their attention on the measures that we believe will make the most difference. david: gary? >> this is gary smith welcome to the show. i agree with you on the mask actually it's a side bar i was reading they are most effective for the person that actually has the disease they don't spread it to other people and unless the mask if you're trying to prevent disease is actually a firm closure, which few masks are, it's ineffective but i'm sure you know about that. my question to you is what are
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the odds if you are near an infected person that's kind of what david was alluding to, of you actually getting the disease? >> well i think that's something we don't totally know and i think the uncertainty comes not only from just not knowing how, you know, necessarily to transmittible it is but even where, you know, the risk areas are. i do believe that travelers should regularly monitor the cdc travel health notices that's where i go to whenever anyone asks me about where to travel that's your source of most up-to-date information at any given moment. >> hi, doctor this is jessie. i'm curious as to what you think about mick mulvaney's statement this morning that we could potentially be seeing school closures we know japan closed their schools for a month yesterday so what do you think about that and also what should people be stocking up on are you a supporter of this kind of mayhem in the supermarket program where people are running around stocking up in case, you
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know, the world ends or do you think we're all relatively safe in terms of provisions? >> well, you know, the cdc has said that we should be prepared for potential measures to help control spread and this may include things like closures but again, this is all in preparation and planning. it's important to be prepared to take these measures, if necessary. in terms of stocking up on things for planning, it actually goes back to what always been told for hurricanes, for other types of disasters, having enough fuel in your car and food and things i think that's always a good idea, so and certainly that applies here too. >> dr. wu, head of the nih is saying that there's unlikely, it's unlikely to have i guess a
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cure for the virus within or vaccine within one year and it is likely to extend beyond a year, cdc sending out more test supplies to states like california and the world health organization upgrading warnings around the world to very high, which as you probably know, that was the warning given to china in january so what are your thoughts can you speculate on how long this will last in terms of time and getting a vaccine? >> i'd think that's a very difficult question. i think if anything it's pure speculation right now. i do think that because it is possible this may be prolonged, i think the recommendation from the cdc to be prepared to plan to think ahead, it is not a time to panic, but it is a time to prepare for the possibility that this may be a long course. >> dr. wu, to heather's point, we're a year away from a vaccination potentially but i also heard reports that, you
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know, even with the vaccination, it's not going to eradicate the virus. how long can we actually be prepared mode if this thing is not going to be eradicated by next year? >> again it's really, this is a new infection so we're still learning a lot about it. i think that, i think as most types of planning, it's best to be prepared for the worst, but even if that may not necessarily happen, i think it's always better to be prepared. david: doctor it has about a 2% death rate in china, and most places in the world but iran, in iran it has an 11% death rate about five times the average, why is that? do you have any idea? >> in early in these outbreaks, the numbers for the death rates tend to have a very wide range, and i think that reflect the fact that the data is just
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very early, and in some places, particularly in china where it started, it's the severe cases that were recognized and the milder cases were not recognized, so this is a reason why the death rates can vary quite dramatically depending on where the outbreak is occurring, and so again, i don't think anyone has a firm grasp exactly what it is but i would agree that right now it's still early and i'm learning a lot about the infection. david: dr. henry wu, thank you very much for being here. coming up next apple's tim cook may seem like an unlikely pair but the ceo tells susan li in a fox business exclusive why it is important to work together. we're very focused on policy, not politics that probably held and we're probably the most non- political company out there. t. rowe price experts go beyond the numbers to examine investment opportunities firsthand,
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david: a fox business alert the u.s. state department just raising their alert level for travel to italy, due to the coronavirus outbreak, they are warning americans to reconsider traveling there, by the way it's now a level three only china, and south korea had been at that level that's essentially a no-go level, for travel to italy, of course there are a lot of americans probably stuck with non-refundable tickets but a level three is essentially a no- go level by the cdc, that's their three-level warning system when a fox business exclusive apple ceo tim cook telling our own susan li why it is important to have a relationship with president trump, despite growing criticism from silicon valley, watch. >> when people see tim cook on one side, donald trump on the other, they see a lot of difference, so you have been able to engage and work together so how does the relationship work? >> well there are differences, there's no doubt about that, but
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you look for intersections, and i care a lot about creating jobs , and i think the president does as well. i care a lot about training the workforce for the future, and the administration is really focused on this as well. my perspective is engagement is always best. because just simply standing on the side line and yelling doesn't accomplish anything but polarization. david: so heather is this a winning business strategy? >> well i think it's the right business strategy. one of the major challenges facing the u.s. in the future is if you think about 5g technology for example,, that was one of our main grievances on relying on china, and huawei, i think we should partner with all businesses & companies especially technology companies, to help us in terms of the future of ai, that's a very big disruption in the jobs market when you look at unemployment, we need to retrain
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employees for those skills so that they could have a job in the future, and this is a great interview by susan li tim cook saying he is the most he thinks they are the most non-political company out there, they don't donate to any campaign so i don't think this is political at all. he said he just wants to do the best things for the country, what's wrong with that? >> absolutely i think he's doing the right thing and he said the right thing, but one thing i would like tim cook to actually do is engage the president in terms of on what skills do the classroom need to teach students to empower them, not only to be future entrepreneurs, but also to get these type of stem jobs. there's a huge disconnect regarding the skills that are necessary for the future, and educational system whether you're talking about k-12 or college he needs to have more insight, more connectivity in terms of working with politicians, why not start at the top. david: we got to leave it at that. republicans in south carolina are mobilizing to vote in the
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democratic primaries but who they are voting for could surprise you we'll break it all down coming next. >> i am just one of millions of voices here in south carolina, that is sick and tired of the meddling that's been happening over the years by democrats in our primaries. as a struggling actor, i need all the breaks that i can get. at liberty butchumal- cut. liberty biberty- cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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some people say that's ridiculous. i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. david: operation chaos 2020 conservatives in south carolina are encouraging republicans to vote democrat in the state's open primary by voting for bernie sanders, in order to upset joe biden's commanding lead. leaders of the conservative plans say it's just a matter of payback, listen. >> many many years, we've had situations where the republicans as the majority party, many people turn out to vote in the republican party primary even when they're not republican
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s and that tends to water down the vote as the conservatives within the party so our protest here is protesting the idea of crossover voting. david: well the question, jessica, could this mess up joe biden's lead there? >> i love this very mature approach, to elections, like he did it first. david: that's politics. >> it is politics which is pett y, and i love it but i'm not sure how many people have actually done this. i know this comes from 2008 when they were encouraging people to vote for hillary versus obama, we saw he was running away with it, i'm not so afraid of this in terms of joe biden losing, b joe biden needs a big win. he doesn't need if it's five, six, -- david: double-digits? >> definitely double-digits and what's so interesting about south carolina polling historically is it always underestimates the older black vote so for instance in 2008 obama was projected to win by 12 he ended up winning by 27. hillary projected to win by 20 she ended up winning by 40 so
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joe biden, who is on the upswing now and the jim cl y burn endorsement did a lot of good for him, and he's been all over the news, in going after bernie sanders in no uncertain terms talking about carnage down ballot so joe biden, i think, was like a 30 point win if he could get it and projected now about 16-18 points so when you think about the impact this could have if it even shave s off a couple points i'm sure we be talking about it. >> i don't always agree with the loony left but i do today with respect to biden does need a big win, you know, tom ste yer has invested heavily and cut into that lead but to jessica's point the older black voters do come out and remember biden in terms of associating with obama, but the young black voters are leading toward bernie so this is going to be interesting but the thing is that even if biden wins, even in a narrow margin or a big margin is short-lived why
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because come sunday morning everyone is going to be focused on super tuesday, and that's where bernie is actually putting all his weight in as well as bloomberg, and i think it's best in terms of when these delegates are divided across several different candidates, that way it's more competitive. david: heather? >> yeah, i mean, i'm not a fan of operation chaos just because i believe you should vote for the person that's more closely or most closely aligned with your ideologies so i get it but why create unnecessary chaos we already have more than enough david: gary? >> yeah, i just go back to the whole are there really republicans out there, who are waking up saying that i'm going to go to the polls and vote for some other guy and be like i would get up, i'd have breakfast and i go no, that sounds like a wasted effort to me. >> gary have you seen some of these trump fans? like who will be at the rally tonight and then he says oh, go
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out tomorrow morning and cast your ballot for bernie sanders. i bet there will be a few people there. david: it could happen we'll see thank you, gang. well country music icon garth brooks leaving some fans with a sour note after posting this picture of himself in a sanders 20 jersey but it may not be what you think. (woman) no matter what business you are in, digital transformation never stops. verizon keeps business ready for what's next. (man) we weave security into their business...
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>> country music legend garth brooks getting burned by his fans after posting this picture, it shows him wearing a jersey with the last name sanders 20. just before performing in detroit, some assumed he was showing support for 2020 candidate bernie sanders but actually it's a football jersey worn by detroit lions running back barry sanders who he honor during the concert. one twitter user writing this, barry sanders detroit lions
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football jersey google use it. does america just need to chill out? >> it is funny, when i saw the jersey, the first thing i thought, barry sanders, detroit lions, number 20. let's just say it was bernie sanders 2020, so what, you are there to listen to the music, who care. >> i agree, i think both sides on the left and right have gone too far. it always goes too far. regardless of whom i'm supporting, don't wear your heart on your sleeve, i know it was a misinterpretation but you won't see any bumper stickers on my car. >> by bernie sanders the next time i'm in detroit i will walk in with a jersey. [laughter] but hopefully america will retire bernie sanders jersey. >> i still listen to kanye west. now i set it on national television. in detroit, think a little
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musical. >> i had an old carnegie deli hat which is the same color as the mega hat. unbelievable. we will see you next time. liz: welcome to the show i am elizabeth macdonald. "the evening edit" starts right now. you're looking at a live shot of the presidents rally in south carolina happening in less than a half-hour. the president taking the fight right to democrats. right to the front yard, we've never seen a president do this. he is getting right in their face, just as he did in nevada, iowa new hampshire, this rally again will likely fee fill the a spotlight and steal the funder from the democrats on the team of the south carolina primary. we have all the angles covered fox news jonathan on the ground at the presidents rally with all the action. and we have jackie
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