to play? >> absolutely you are fantastic, you been right a lot and helped her viewers a lot we appreciate it, the market is holding out pretty well, as i handed over to liz claman on this historic day. over to you. liz: a day for history and help the 46 president united states. taking off its minutes before in a peaceful transfer of power the president called for unity and bipartisanship to end the uncivil war between the red and blue. to help struggling americans by boosting the economy, creating jobs and defeating the coronavirus that is taken the lives of 400,000 americans. we want to lay out what is happening right now and what will happen in the next 59 minutes the president ends in his motorcade as he is just laid

a wreath at the arlington national cemetery tomb of the unknown soldier. now he will be soon on his way to his new residence for the next four years, the white house. we should see him as he plans to walk along, he will get out of the car and walk with the military exports to walk to the white house with the commander-in-chief. wall street celebrating day one of biden's term by hitting new all-time highs, the dow, the s&p and nasdaq are all setting up right now for record closes, industrial, transport, utility, technology, oil, gold are heading north with 59 minutes left to trade, in the hour we have fox team business coverage from the hills of the white house to wall street and what is next for your money. we begin with hillary vaughn on capitol hill where she has a front row seat to the historic events unfolding on inauguration day reaction to the new

president inaugural address. >> in the first five minutes as president of the united states joe biden had a plea for republicans and democrats, please get along and give america a fresh start. >> we must in this on civil war. it puts red against blue and rural versus urban, conservative versus liberal, we can do this if we open our souls instead of pardoning our hearts, if we show a little tolerance. >> 's call for unity came after a show of unity and as mitch mcconnell and kevin mccarthy ditched for president trump's departure speech at air force base to go to church with the bidens at saint matthews after his inaugural address he headed into the capital where mcconnell and mccarthy both gave their congratulations and also gave

him a gift, fresh photo from the inauguration ceremony that happened minutes before. >> i listen to your speech today, you talked among the tensioning division in a task of leaders and dedicate ourselves to the values of all american share together. this is not the end this is just the beginning. as leaders we are judged not by our words but by her actions. >> you mentioned the shots of president biden in his motorcade making his way to the white house for the very first time as president that's a familiar resident for him, he's been there for eight years as vice president but this will be the first time in the oval office as president and in the motorcade he is in the presidential limo was enter which is called the beast which has new license plates and say 46th for the 46 president of the united states. liz: thank you very much, as we

talk about what will happen in the next ten or 15 minutes, president biden is still at arlington national cemetery we understand he will head to pennsylvania avenue and 15th street where the parade, there will be a parade on a much smaller scale will begin he will head straight to the white house and that's where blake burman is standing by, what were going to do a split screen and keep up the light picture of arlington and tell us the former presidents of living former presidents except donald trump were there with him, tell us what will be the president's first act when he comes to the white house and put it through the lens of the markets and the economy. >> the president as you mentioned arlington national cemetery other side of the river to 50th and penn north side of the white house, he will make his way over to the white house and into the west wing and about

a couple of hours that's when we anticipate the president to sign his very first executive action expected to be more than a dozen executive orders that the biden administration has laid out let me kicked through some on the economic front covid related front the president will ask federal agencies to extend the eviction moratorium in the foreclosure moratorium on loans backed by the federal government to march 31 plus he will ask the education department to extend the pause on student loan payments out much longer than that to september 30, the president's top economic advisor telling reporters when we are on a call, these steps are immediately helpful and will help millions of families which is why we will act without delay. the president will also sign executive orders that will mean the u.s. joining the peers climate accord and restoring cooperation with the world health organization he will cancel the pipe improvements and put a halt to construction along the southern border in the wall,

the president will make it mandatory to wear a mask wherever you are in this country on federal property, earlier today in his inaugural address he did not mention specific policies, this was part of the sales pitch from the president who might not necessarily agree with his policies. >> take a measure of me and my heart. if you still disagree, so be it, that is democracy. that is america. the right to dissent peaceably with the guardrails of our republic is perhaps this nation's greatest strength, hear me clearly this agreement must not lead to this union and i pledge this to you i will be a president for all americans. >> we anticipate president biden at the white house shortly in the oval office about two hours from now at 515 the white house says he will sign the executive

orders and after that we are anticipating to hear from the new press secretary jen saki expected to hold her first briefing later this evening. liz: were looking interestingly enough at cement stocks, we brought that up and materials as well because of the border wall, one of his moves is going to be to basically stop the border wall construction for now, all of the stocks are moving higher, it is interesting to see what does that mean as we put it through the filter from particularly where you stand which is the policy side of things. >> the border while you might remember there was emergency funding that the trump administration took from one bucket and put it into the next under the umbrella of emergency funding, that is what president biden is taking aim at right now to stop for the construction along the border wall, of course

you will have a budget in the upcoming congress will have to tackle that later in the year end that's how democrats here in washington essentially at that point could put a chokehold on further funding for the wall at the southern border. liz: blake burman standing by the white house once a president arrives, you can see on the screen he's at arlington cemetery he is laying a wreath at the tomb of the unknown soldier in the former president clinton, former president obama and former president bush are apparently there with him. president biden is going to inherit an emotionally wounded and scarred economy, it is really blended by the pandemic. he also takes the reins of a stock market that performed remarkably strongly under donald trump. through the decades overall market have on average performed better under democratic presidents on me show you the most recent comparison we can make that are close to apples and apples. the first four years of the obama biden presidency versus

president trump's one turn if you look at the dow under president trump the blue-chip gain 56% versus a gain of 71% under the obama administration. for that over to the s&p which saw gains of 67-point to percent under trump, 84.5% under obama in both number strong, look at the nasdaq under obama and biden is skyrocketed 115% but during trump's four years the tech heavy index saw the best percentage gain under any president, 137.5%. but overall if you combined for the last 12 years, tech has obviously been the epic investment story but even the bullish say were due for a correction no matter who's in charge let's bring in our traders teddy and phil flynn. should it be a tech explosion or do you continue to deflate under

president obama under biden or you can't tell. >> i think both scenarios are outliers i would not look for an implosion and i'm not sure it's reasonable to expect the same kind of growth we seen in the last four years. i would definitely not rule out only tech stocks, i think it's going to be a cold day before they take the tech sector and taken to the woodshed. tech is where the growth is, tech is where the top and bottom earnings are and certainly there are excessive's, nothing rational about stocks in the stock market to begin with but at the end of the day investors want to be where the growth is so yes perhaps they take a little pause and maybe is long overdue but i certainly don't think were looking for a debacle in the tech sector, if you're going to stay on the stock market you probably want to stay long to exposure to text.

liz: don't bet against american companies especially long-term which names do you expect to do well on abiding a administration in the same token ones that perhaps might not. >> i think you're gonna have to look at the commodity names because a lot of infrastructure spending not only here but across the world, china spent a lot of money on infrastructure we see they have tightened the supply on copper, iron, zinc, you name it and the energy policies you're talking about biden and cement for the wall that goes under the stocks might go down and maybe they'll take that the old oil wells. >> i think you're going to look at higher energy prices, i don't think us-based companies are going to take advantage of these higher energy prices because what we see with the keystone pipeline in the peers climate accord in the pause and in war, that will lead to higher prices in the global market but u.s.

energy companies might not benefit. if you want to put energy, maybe look at the international companies when it comes to commodities look at barrett, golden mining though stocks have outperformed the nasdaq especially with all the potential inflation that we see. liz: gentlemen, thank you. it is so hard to look into a crystal ball and see what may or may not happen. at the moment that's what you're here for you traders are experts and you can see gold is moving considerably higher at the minors in the physical metal take a look at the shot we are waiting president joe biden and first lady doctor jill biden an escort will help them make their way through the streets by foot, they will get out and you could see the lineup on the way to the white house, we are live on the ground bringing you all the presidents movements take by

tick and that includes the fact that his caravan is now leaving arlington national cemetery. and heading right there, back inside the beltway, stay tuned with the closing bell ringing and about 47 minutes, we have the dow jones industrials of 209 in the transport of 182, the s&p 551 and the nasdaq killing it is seems lately moving higher by 272 points, we're coming right back please stay with us. ♪

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but what you will see is our guards, performance troops, marching bands, the d.c. metro police, military color guards will begin in person parade toward the white house, they are waiting for the lew newly meant to president of the united states of america and we will take you soon and will keep everything on the screen as best as we can let's give you this fox business alert. jack has a reappearing act powering up ali baba in today's pop stock the e-commerce climbing higher after the billionaire founder's first public appearance since the month of last october, today's video conference with a group of teachers pretty much calm shaken investors who have not seen or heard from us since october when he gave a word of speech about china's government regulators who then promptly later derailed his newest company and group, ali baba moving higher calming

investors about 6%. record sports betting numbers in pennsylvania during the month of december pumping of gaming the barstool app partner gaining a new bull and credit suisse as morgan stanley hiked his price target on shares, moving higher by 5.5% but not to be outdone morgan out legalization of sports betting and 12 more states this year alone. draftkings is up three and half percent. peloton finding muscle in the boulder tug-of-war over the stock and the exercise equipment maker rebounding after dropping 5% and it scratch back about 3.9% the plunge was fueled by morgan stanley but oppenheimer spinning its way into the argument with a 45-dollar price target hike to $185, stocks at 156 and change the firm predicting more subscriber

gains, james continued to sweat out the pandemic and a fun fact president biden appellate tone owner but his peloton bike has not gotten clearance to enter the white house due to cyber security concerns because it's on demand and video features which require activity raised fears of the cyber intrusions. but it's take a quick look at the motorcade once again crossing the bridge heading back inside the beltway to d.c. proper were awaiting president biden's arrival at 15 street where he is expected to jump out of the car and walk with his family to the white house we will keep these pictures up but bring in edward lawrence. >> he is going to get out on 15th street near the treasury department an area very well that cover treasury for the past three years he will walk in that section from treasury to the white house he will be

accompanied by the university of delaware band, the vice president will also be walking behind the president, president biden the vice president will have the howard university began as she makes the one block walk this is a part of pennsylvania avenue that is already been closed, i remember this as a young child my parents were driving past the white house looking out of the window across the gate of the white house, that is a closed section and a lot of tourists come to the area today there will be no tourist, no people around the area has been cleared for eight or nine blocks in either direction in the anticipation of the inauguration the habit today, the president and vice president walking through here, interesting the vice president after going into the white house will come back over to the u.s. senate were understanding she is going to swear in three new members of the senate, first alex padilla the democrat from california who is replacing her in the u.s. senate it also

raphael warnock and jon ossoff, today it'll be official a 50/50 split when she comes back over to swear in those three new senators. liz: we just wanted to describe this right now what we are expected to see is the motorcade stop and vice president, here's an joe biden appear, you brought up the howard university drum line, that is a nod to kamala harris, nice touches all along the way that reflect what this administration would like to reflect. beyond that we should also mention the motorcade arrives -- go ahead. >> the howard drum line impressive when you hear them play they are very, very good at what they do and that is something she is very proud of,

and fact that is where she launched her bid to become president way back when last year, she tried to become president but obviously now becoming the vice president of the united states but she was at howard university for the official kickoff for her campaign. liz: edward lawrence in the heart of the action, as we keep our eye on all of the developments, the challenges that joe biden will find when he gets to the white house and how he has a deep divide on capitol hill after the deadly mob attacked two weeks ago, who will president biden be able to turn to to spur bipartisanship in that and the pandemic fight. political insider founder and ceo of the common good by just have the answer with the closing bell ringing and about 37 minutes, she is with us when "the claman countdown" returns.

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liz: welcome back we do have breaking news you can see the parade has begun, the balance of power is about to come full frontal, this is going to be quite a difficult situation even as we watch the circumstance, what you're seeing is a parade that is when to be with the president getting out and walking in. we will actually be very close to where two weeks ago trump's supporters gathered for a rally which as we know ended in donald trump encouraging them to descend on the capital of course we all know what followed was a deadly riot it was the first time since 1814 that the capital came under attack, let's focus on that the balance of power in

the senate sitting 50/50 for the republicans and democrats could fractures in both parties threatened joe biden's agenda as the ceo of the common good and nonpartisan group focused on policy by bringing together both sides of the aisle patrice adolphus is well known as a power player in the country political world. joe biden will face the congress with multiple stress fractures among the more than 100 republican members of congress even after the january 6 riot voted against certifying his presidency, what is the first thing joe biden has to do to get the group to work together? >> it's going to be a huge challenge, thank you so much for having me here today especially today it's an important change that is going on right now. it's going to be so challenging we are sewn under going to be more divided since reconstruction we have heard from michael chertoff george w. bush national security homeland

advisor, tell us that we have homegrown extremism is our national security issues not hostile nations right now. we have a lot of work to do. first of all what is being done, joe biden is setting the right tone, he is talking about unity, he is talking about cooperation we will not be able to get anything done without bipartisan cooperation wendy's looking for ways to reach across the aisle large and small and the idea of inviting senator mcconnell and senator schumer was a small gesture but significant. he is going to do a whole new tack. >> who will joe biden turned to on the republican side to begin this process? >> i think he has earned the

trust and respect of senator mcconnell, that is huge and enormous, schumer and mcconnell are negotiating what that power-sharing will look like, they are looking to have it like it was in 2001 under george bush when trent lott was there. it's still not done but hopefully they will work it out and he will look to his own caucus joe manchin who was a moderate right in the middle to help bring people from the other side. liz: it was an interesting a lot of the women at the inauguration were wearing purple which including kamala harris is a sign of bipartisanship, a lot of anchors today because that may really help the market, we don't know but it's important to note that there are a lot of messages and signals being sent about

bipartisanship at the moment however, it's not that easy if you look back to frenemy's, the best example is former speaker of the house tip o'neil and ronald reagan in the 80s, these guys did not love each other, tip o'neil calls him a rich guy who only cared about his friends, ronald reagan compared him to a pac-man creature saying he's around creature who gobbles up money but in the end the one thing that they both disguise and to despise was stagnation and inability to move into work together. they were able to get tax reform even include tax hikes, they were able to figure out issues and they work together to stand tall against the soviet union which eventually fell. is mcconnell really that person? >> i think mcconnell can do this and i think joe biden is the man to help with this together. and for those that they

compromise is a dirty word, get over it. our foreign government requires it and hopefully that is what is going to happen in one of the things we need to have happen is truths, truth matters, i think is very important that we tell the truth on these programs as you try to do and were calling out ceos to hopefully have them bolster telling the truth, having media take responsibility for telling the truth. because we can't get anywhere well was stoking anger overlies and that is happened recently. liz: indeed a corrosive nest is a seemingly at an all-time high. in his address he said we need to in this uncivil war and i was going to say, does that entail compromise, of course it does but we know that healthcare has

been dead in the water the subject that neither side can come together on, the president has consistently promised year after year it's coming in two weeks, three weeks, what are going to be his priorities when he gets done with his executive orders 17 of which he will sign today. >> the most important thing you have to work on is ending the pandemic, he is very expansive plan to bring federal resources to that problem to solve it. and showing government can work is going to be huge re-important to that and he is going to draft economic pain that people have gone to, americans going through enormous amount of economic pain as well as a loss. that's what he will concentrate on to begin with, i don't know to get the healthcare in some of

the other things right away and i do hope and i do believe that mcconnell, i hope will do the right thing and joe biden will do the right thing in working across the aisle. liz: day one the words are all we have. >> absolutely and i think we learned the hard way the insurrection of two weeks ago has set a different tone right now and there is room to say enough is enough let's make things work. liz: we shall see bobby describe was going out on the screen. we do have the limo that he is in, vice president joe turning on to pennsylvania avenue right now. what were waiting is for him to emerge from the car where he

will walk along with some of the parade members, heavy heavy security, 25000 national guardsmen and women not to mention capitol police, d.c. police, virginia police, as he emerges of course there will be a collective holding of breath but this will be a moment where at least for today we see the newly minted president of the united states joe biden number 46 but we will not take a commercial break because we want to continue to watch this, i do bring up the fact that we have a roi market here today. the dow was up 263 points, we have a very strong high-tech stock market for the biggest names, netflix absolutely crushed earnings yesterday it wasn't that the numbers were great, the subscribers jumped up to above 200 million for the first time, business like the

atmosphere that perhaps donald trump laid out for them which was less regulation, what do you think they're going to do. >> i think that's part of it as you know jerome powell said we need to do more in the fed keeping interstate so he's kind and now will have janet yelena treasury and she's argued very strongly for going big to fix the sluggish economy. i think we are in good shape if we can get this legislation passed and i think there is a new feeling it can work. and i see that in the market today. liz: stay with us patricia we want to bring in billionaire investor jeff greene, he has a

new neighbor and that is former president donald trump, jeff was about two properties down the beach from mar-a-lago but what is action like in palm beach for the moment. >> a little hectic i was playing tennis and i heard the ruhr of air force one going overhead and not too long after the very loud motorcycle a lot of cheering out of the street a couple of doors away. and thankfully about 45 minutes later i heard the air force one taking off and leaving for good. liz: let's give some context, you ran for governor of florida as a democrat you did not win but you're an investor in real estate and your landlord and you know one of the first things that joe biden is going to do once he gets to the white house and sign in executive order extending the moratorium on evictions for people who cannot pay their rented apartment, they will extended to march 31, tell me how you as a landlord who

owns many units on the west and east coast how do you see something like that how you're holding up and how your residents are holding up. >> for me i can handle not getting rent from certain tenants. but the whole problem with the stimulus plan and the eviction bands are the approaches we have tenants truthfully that were under eviction last march and had to pay rent for four or five or six month period now they're sitting there with a full year without paying rent. of course you have to be sympathetic to people who have never lost their job, that should be in approaching a well thought out approach and give rental allowance to some of these folks. if you freeze rent eviction and allow the dead be to stay forever is unfair especially to the small mom-and-pop were unlike me can't even make their mortgage payments now. liz: were looking at the motorcade and the car in which

the new president joe biden is sitting in with his wife joe biden and what they will do they will be folded in to the parade that is there and not to mention we will expect to see the vice president kamala harris, she will be walking along with him and as we look at this process what is your hope when it comes to investments, the markets have done externally while under donald trump do you expect that to see under joe biden presidency? >> i think were in the late stages of an epic bubble, it's been fueled by extreme overvaluation price increases, in the specs and ipos and its price speculation. this bubble is not -- at some point it's going to pop. i think it would be very bad

indeed. what this present has to do really in a way drive a very fast racecar going down the track and he has to make sure he doesn't go off the track. it'll be a tough balancing act between keeping the right amount of fiscal stimulus balanced and targeted fiscal stimulus balanced with what's been accommodative step. but at some point we have to keep us on track because it's awkward to go on forever and if you look at the s&p today for example is trading at 21 times next year, why they are trading 21 times next year's earnings because interest rates at the fed chair interest rates will stay very, very low for a long period of time, the same time the market is in a v-shaped recovery in an explosive growth, i don't believe were going to have 0 interest rates and explosive growth at the same time. one of those is not going to the workout and it's important president biden and his team

keep their eye on the road ahead and be ready to make changes as needed. liz: we keep expecting him to get out of the car they keep inching along at some point they will emerge, you're a progressive democrat in the trump tax cuts helps rich guys like you and you also have focused on having conferences that focus on the wealth gap and forgive me if i interrupt you they may or may not get out is that something biden can tackle and in what way? >> he can tackle it there's no question as we all know truthfully since ronald reagan it's been a wonderful ride for people who have and accumulate in enormous wealth and someone who is a worker it has been a dead in street with flat wages. donald trump promised all these

wage increases and promised if we fight with china and mexico and keep out the immigrants wages will go up, it did not happen. i think we have to have a 15-dollar national minimum wage, nobody can go to work and earn less than that and should go to work earning less than that. i think president biden with his team will address the inequality situation once and for all and a has to be addressed. as the elephant in the room. liz: i do believe that allowing the media to get closer to the car and yes the doors are opening, we will see of course doctor jill biden, the 46 president of the united states, here is the breaking news, he is getting a military escort as he will now walk to the white house from 15th and pennsylvania avenue. he will enter the white house for the first time of president of the united states.

every branch of the military is represented here in this parade, the u.s. army, joint service honor guard in the commander-in-chief guard and drum corps. from the third u.s. infantry the old guard they are there as we mentioned the university of delaware drum corps, president biden first lady doctor jill biden are joined by a whole group of people you have hunter biden and his family, ashley biden in her family and beau biden and her family natalie and hunter. beau biden died of cancer in 2015 it was his death that kept joe biden from running for president in 2016. it's a bittersweet moment no doubt for the newly named president that his son bowe is not with them. but on a happier note as he continues to waive we want to let you know he's expected to walk to the northwest gate and up the white house driveway before entering the doors for the first time as the first

family, i also want to mention to their gonna enter to the eisenhower executive office building. eisenhower, jeff you know he was a five-star general who served in world war ii and the nation's 34th president ironically eisenhower into the presidential race in 1952 as a republican to block the isolation of foreign policy of senator robert taft. he opposed nato, isn't that interesting because donald trump fought very hard against nato, let me bring that to you, trump had criticized nato and went with the isolation of america first policy. what do you think is wrong about that and what worked about it? >> first of all i'm getting goosebumps watching this i don't know about your other viewers. especially with all we've been through as a nation it brings tears to my eyes and tears of

pride that we as a country. what we do and no matter how bad it gets we still have a peaceful transfer of power in a guy like joe biden who served our country for how many years, 50 years and it just kept hanging in there and now he's here to save the day. as far as nato goes there is no question that joe biden is going to be somebody who is going to reach out not only across the aisle in washington but i think he will reach out around the world. across aisles around the world to make us what we are, it's funny and other elections people have said were not the policeman of the world. but we have an obligation as a wealthiest most powerful country in the world to be the guiding light of the world and i think joe biden will be that and i really hope we open, i know he will, he will reach out to all of our allies and think we will have a much, much more cooperative world that we have

the last four years. liz: i want to let our viewers know the dow jones industrial has had a never before seen high above 31000 from 31229. so we are looking at at least positive feelings on wall street and they are it almost looks like a direct line at the moment to the possibility of what could happen, joe biden doing his job the night that he accepted the presidency when it appeared that he had indeed one in so you see him with a lot of energy walking up to crowds which have been closely vetted and he is getting off to an ambitious start but to stay that on his inauguration, 17 executive orders on his very first day in office, what will he do specifically on the financial front, charlie

gasparino is coming in you have exclusive details on biden's economic priorities, we will keep the shot up of this parade and pardon me if something happens and we jump in to get some texture but what do you think about the economic priorities that you're learning about. >> i'll try to get through because this is why the market is up and it's important to our viewers to know what wall street is betting, 50/50 senate is something that wall street has always liked and what they're simply saying the wall street is i'm talking to her getting this from their lobbyist in washington and d.c. sources they expect biden to scale back the $1.9 trillion covid relief package and expect him to go to the essentials what will be discussed as essentials meaning covid relief and direct checks to people but son of the extraneous stuff like voting rights in this and that that will be cut out.

pelosi does not maybe even have the votes in the house much less the senate is 50/50 and joe manchin won't go over the stuff. look for a scale back version of the $1.9 trillion package that is one of the things that is sparking the rally from what i understand the other thing that might be behind the rally is a tax increase, wall street expects biden to delay any potential plan for tax increase until later in the year and what i'm hearing based on from them what they're hearing from the washington sources something will be dependent on how we come out of the recovery, do we get vaccines out fast enough and is a reopening fast enough and that if the economy is improving then biden will start to talk about his tax increase to re-conciliation which means he needs only 51 votes. liz: let me jump in really quickly they are approaching the

white house and you can see they are walking up the driveway. joe biden as vice president and a longtime senator has made many times but a man who has run for president before and not even gotten past the primary in the past third time of charm as you see doctor jill biden and joe biden president of the united states number 46 walking toward the front doors and he has meant for the reasons that charlie outlined in part because he may face some pushback on the $1.9 trillion package and wall street perhaps thought there may be a little bit of compromise if he skills back but in the meantime 100 million vaccine shots over the first 100 days.

you think about the vaccine makers in the testing kit makers they are the ones who need to step up to reach that dow jones industrial up 282 points, we are ten minutes away from the closing bell and let's watch this moment. ♪ [band playing]

[band playing] liz: with the howard university marching band playing god bless america and also healed to the chief. the 46 president of the united states gives his first lady a hug followed by his family members as he enters the doors of the white house for the first time as president. you can see the parade is still continuing i want to let our

viewers know what is going to do when he gets in there before he signs executive orders if there is a virtual portion of a parade that they put together he will be sitting down to watch it will be hosted by actor tony baldwin who played president of scandal and portrays a son of president nixon in the movie nixon he will be the virtual in c and comedian john stewart will make a reappearance and on the online parade you will see unveiled what would have been on the streets in d.c. had it not been for the pandemic marching band, stamps and performance, honor guards from all 56 states and territories to honor america's heroes, shoko stony standing by, you're getting reaction from the business roundtable. >> the u.s. chamber is sending an open letter to president biden talking about their hopes for the future of the next four years and saying the chamber

does not want to go back to excessive regulation or anticompetitive taxes but obviously they want to play in partnership with president biden and they're willing to leverage it to help the president. i want to get something that is crossing this is in regards to amazon. amazon sent a letter, it is telling the president that they are willing to help president biden distribute the covid vaccine as well they are saying they don't want anyone on the premises but they're willing to work with president biden and offers their facilities pray this is breaking. the consumer ceo operation it communication says the vaccination efforts, there is a lot of buzz about this right now, they waited until after the

inauguration to swearingen president biden to send the open letter to the administration that amazon will partner on the vaccine distribution. liz: the stock is jumping 4.7% in amazon moving higher on the news that cheryl brought you, they know how to do distribution. that has been well established. let's bring in todd rosenbluth for a voice on the investment aspect of this and a new portfolio strategy, what is the score were finishing the third hour of the biden presidency, where are you looking to invest, you focus specifically on etf's. >> that is correct with somatic oriented etf's you can get exposure to the themes that is top of the biden administration like clean energy or infrastructure, infrastructure pa ve is a u.s. infra structure etf has exposure to industrial and companies that are likely to be big beneficiaries as the

infrastructure spending happens with congress being now and democrats control the biden administration. we think pa ve is a great way to get exposure, you can also look at clean energy etf pbw is in invesco etf. and the trends in solar energy as you touched on the biden administration is moving back in to the paris climate record and were likely to see more spending and the united states in clean energy and new infra structure be top of liz: jeff green still with us, jeff, give me a sense where you're investing right now. >> you know i have some core positions. a lot of things others have, facebook, google, amazon. i think there is a lot of shorting opportunities. like i said, liz, the market is

trading at 21 times next year's earnings. only because of these low rates. if we get a v-shaped recovery and i start seeing increased economic activity, the market goes back to the historic 15 to 16 times earnings, the market will drop by 25%. so i think anyone with a portfolio has enjoyed this big rally be wise to have some hedge, short s&p hedge or something. if the market gets revalued like it has historically, you won't have your head handed to you. liz: todd, there are etfs can go double short on things. as soon as something starts dropping we can give you a great return. looking at any of that? >> we're not. we're not concerned that the market is going to be short but if you are concerned about the market volatility there are etfs such as low volatility etfs like smv and plv.

innovator has a number them, p.j. am is example of one of those you can curtail the downside, you cap some of the downside with buffers participating come upside, you participate in some of the grains h gains but also protect the downside. we think that is better way than trying to time the market with shorting. liz: people have been littering wall street with proverbial wounds who tried to short netflix, tried to short tesla. look, you could even bring up fubo. it took one hit when a short seller said some negative things. netflix right now up 17%. who would have thought about ford seeing 8% gain. general motors hit an all time high yesterday but you know the advantage that you look at, looking ahead, could you concede it is very hard to anticipate what markets will do over four years and under a certain

president? >> well, we think that there is still gains to be had. we think you want to have a diversified portfolio from a sector sector. you want to have balance between defensive ones like consumer staples as well as some offense i have ones like industrials that will be exposed to that infrastructure trend. we don't know exactly what is going to happen but you get the benefits of diversification of using etfs, sector ones or thematic oriented etfs in our opinion. liz: great to have you. todd rosenblatt, always a pleasure. you see the pictures, it is a parade. people expected there would not be such to see here due to security concerns, particularly over the past two weeks after just horrific riot that really scratched up the capitol. as was certainly pushed hard in the message today democracy

survives. queue the fireworks, folks. dow, s&p, russell, all closing at record highs. [closing bell rings] yes the nasdaq too. connell: connell mcshane will pick it up after me live in washington, d.c. where president joe biden is expected to pick up his pen to sign the first executive orders of his presidency. that will do it for "the claman countdown." connell: it has been a day truly for the history books both here in our nation's capital and 4:00 on the east coast stocks at the close hitting new highs as joe biden is sworn in as the 46th president of the united states. the new president, you watch i had live on fox business, walked into his new house, for the first time as president. he will go quickly and take the first executive actions we're told in about an hour's time. we're watching that. we're watching wall street numbers at the close. those are record finishes for the dow, the s&p 500.

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