larry: biden's double cross ain't gone that work. th >> from the fox team in new york city. wall street pretty. >> hello and every weekend it to welcome welcome to the program, the week that was in position you for the week ahead. i am trento and the s&p 500 as deck source to new highs and coming up 10 ounces here on where he is putting his money to work right now and if you have been listening to this year you have made money for sure. plus in a shocking report

chinese scientists share key covid-19 dana with the u.s. national institutes of health at the beginning of the pandemic and then china told us to delete the info in the nih complied. i will get reaction from the house intelligence committee. mike and turner. plus a triumph of american scientists, help drive and remarkable innovation after beating cancer himself rated house speaker and the institute about his latest project coming up. i first was take a look back at some of the top newsmakers on mornings with maria and this addition. watch. ♪ ♪♪ any come out with an anti-crime plan when you know that you been pushing the police. >> they have not in the homework. if they did what i did last friday, for example, law enforcement agencies across the

country's, you get a different feel pretty. maria: tell me with the goal is congressman, where you and your colleagues trying to do. >> the goal has to be stronger antitrust enforcement said that tech companies can reference our own products and have unfair market advantage but the problem with some of these bills have not been thought out predict. maria: what can you tell us about the needed about changing as a result of this administration's agenda. >> let me say this, the moratorium on federal permits, that's need should be overturned quickly. and if they can do this, basically just remove it and let everybody go back to work. maria: the market surging on the heels of a bipartisan infrastructure deal which delayed this week even the fears are also having the markets but also out of the woods.

infected president biden but that he will not sign it is infrastructure deal unless there is a second bill on his desk at the same time, that's a bill to include more spending another priorities along with tax increases anyone's to push through budget reconciliations later this year printed with me right now with all and that. the founder, and dan iles is here with me right now predict you are expecting at least two great hikes in 2022 in the conversation to pick up speed around jackson's holdings and you said this before greatest market ready for this are we in store for pretty sizable - and socks party to. >> yes, i think that we are store for pretty sizable call up and socks. i think that inflation is going to prove to be more persistent as public story in the last time that he was forced transitory was back in 2004. at that time, they had a race

rate 17 times over two years predict the inflation proved to be anything but transitory. so the pe of the market setting up the valuations are the highest levels in history at 1.9 times market cap to the gdp and the average over 50 years is 0.8. so the long ways they could fall even though the growth will be strong because of that inflation. maria: while infrastructure packages the deal now you also have expectations the president biden is going to force higher taxes and is this also represent had been for this market and do i sell into these new record highs that we achieve this week the s&p 500. dan: yes, i think that you have to be very careful about the stock that you are in. because no hike, the socks get hurt the most printer technology stocks because the considered long duration assets. we've written about some of this on dan niles are calm for more

people want details with the areas more interesting to us is areas the benefit from economic growth and of low evaluation so like energy banks speedily us all of this coming and you join us at the beginning of the year in january predict in your as follows, j.p. morgan of 20 percent since depicted in the sle, and accept 46 percent since you picked magnet, that 31 percent and also up 21 percent, that's up 21 percent and since depicted these names, through a couple of the nice items that we have this week. everyone from the federal reserve's test all the major banks and we are now dividend increases. do you think jp morgan full be want the dividend increase within the next month do you want to buy the makes here. and what about oil. it surging this year. when one hedge fund manager couple weeks ago this program is headed to expect 100-dollar about oil and you want to buy oil stocks here even though you're picking the app 40 plus

percent situated printed financials and energy, what you say dan. dan: yes, i think that energy you can definitely stay with because remember, that celie may be up 40 percent this year but it was down 37 percent last year. need to be up 58 percent just to get back to even come that's just the way the mathworks targeted and with all of the focus on clean energy, is not a lot of supply being added on the one hand and the other side of it is that you have global growth at 6 percent this year which will be the fastest sense the 1970s. so you look at those two things together, i think oils going to go higher you still want to own the xl eat with regard to banks, he came out this last week that you will see both buybacks and dividend increases in the banks credit. maria: following the federal is our meeting last week and we actually went out and bought caterpillar, to me why you bought the stocks after the fed

meeting. dan: sure, and also bought another so the reason it was twofold, one is that the stocks were oversold for the first time since the pandemic 15 months ago. the second thing is that we morning spending and infrastructure built, we expected it to be trimmed down a bit which was. it is a 2 trillion from 1.2 trillion or so and that really help these kinds of infrastructure waves especially as you think you be going into the back half of the year printed by the way, all those socks so it less than the market multiple with much more the market revenue growth. so that is what we like those names about them last week. maria: so you think there are areas to hide even in the face of the selloff the jury expecting to come. dan: one thing those areas will outperform to help in a downdraft where we have lots of shorts onto the tech space which we think a lot of those names overvalued and we like them on

facebook and google so because there reopening played training at close to market multiple growing revenues of 35 percent predict that demand coming back, they will do okay but don't get me wrong, the market falls off, everything is going to be pressured. these names should hang a better and we offset that with some chores. maria: petronius now, meanwhile national guard threatening to with the exercise if they are not reimbursed. $500 million earlier this year predict how does chinese janet the good of help get the research deleted from the ♪ limu emu & doug ♪ oh! are you using liberty mutual's coverage customizer tool? sorry? well, since you asked. it finds discounts and policy recommendations, so you only pay for what you need. limu, you're an animal!

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in china, last march, 20 scientists split the u.s. national institute of health, early covid-19 cases in china. it provided potential information on where and how covid-19 originated pretty but then according to the wall street journal, are nih deleted that information it at the request of chinese scientists. as ohio congressman a member of housing intelligence and mike turner, what is happened. two in the united states was dealing with china as if they were an equal partner. if your dealer in the midst of course china was not. there are bad actor and it already undertaken to cover up and they were not telling was happening. which of course was the ruler: of this virus. but as you see now what is the current information will getting from the cdc and nih is that perhaps our feeling of the time that china was a partner in

those agencies lead to even the united states being complicit in helping the china with her cover up. it also questions the intelligence community actions if they were looking for information, what were they looking for was an assumption china was of her occurring this as opposed to looking for something more sinister which describe what could be predict speech of any thousand how the biden administration he still respond here. we have the covid-19 lineup and it takes us all the way back to the earliest known covid-19 cases in wuhan back in december of 20 and all the circumstantial evidence told us what was going on and try to try to cover it up but we don't know what policy is out of this administration. joe biden still has not right covid-19 origins and it didn't even come up in the alaska meeting. mike: exactly.

certainly the date and menstruation has no interest in determining the origin in the number of bills in congress that are directed to both getting at the origins of the virus declassified information of the united states has the makings of the united states and nih is not putting the activities in china and out like the ones occurring at the wuhan lab and there's number of things that we need to be doing in this and ministration is not only uninterested, but there uninterested in holding china accountable that leaves us at a disadvantage pretty sweet if which is is why we keep reading the essay about the conflict of interest with the biden family d chinese communist party. let me ask you about the national guard pretty is threatening to cancel all training exercises. it is not reimbursed high hundred $21 million for the deployments following the generous six rights, what can you tell us about this. mike: obviously think it is been very troubling, and certainly to

congress as we watch the national guard here being used as props and for political purposes. we had the situation on january 6 when the capitol was not adequately protected and then of course when the two fences in the coring off in the national guard here and numbers and were obviously unnecessary were being used for political purposes predict this is an issue though that obviously they had to spend funds to do that they do need to be reimbursed. someone has to pay this bill. it is unfortunate that nancy pelosi and others use to them in this manner but obviously, the bill does come due. maria: people are so sick and tired of the political games being played here the dirty tricks as well. the me ask you about iran. were talking about serious issues here. joe biden was to get u.s. back into the iran deal. we know that the u.s. has season of his website for spreading this disinformation they have their own propaganda company underway as they the

president-elect deemed dismissal program, nonnegotiable and is refusing to me with president of biden is president biden pretty much begged him to do it deal on a nuclear deal. before he was inaugurated in august, what is this obsession with a nuclear deal. mike: i think this is has to resurrect the obama by to do with iran and obviously with an incredibly flawed deal and did not include the missiles and was limited in time and scope was limited as to the type of inspections that can be done. this makes it very difficult i think for our allies to trust the united states entering back into the steel and i think it would enable rn. maria: thank you, is mike and turner brady coming up, aggressive cancer nearly 30 years ago and then he devoted his life to pushing for innovation and new technology in medicine. i'll be speaking with the i'll be speaking with the institute

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maria: michael, bdi's battling advanced prostate cancer 28 years ago. since then, he to help save the lives of found thousands of others diagnosed with cancer and is nonprofit think tank, milk institute holds its future medicine conference this week. i had a chance to speak with him about the enormous strides have been made in combating cancers of first here's what he said about his work and i happen to develop the covid-19 vaccine. michael: we made the decision under the leadership of hhs florida and the government more than a year ago that we would have filled the manufacturing capabilities and manufacture not

only vaccines but antiviral and inter partes and significant investment by the american pharmaceutical and biotech industry that we would make these products before we knew whether they would work. that they did not work, we withdrew them away but when we were losing thousands and thousands of americans on a daily basis, we estimated the economic it cost to our country of $1 trillion a month, investing billions of dollars was a good decision and the decision has panned out. it was only nine weeks between the relief of the dna of this virus and when moderna put the first vaccinated into human beings and that occurred in march of 2020 and my feeling here is what we have seen science winds.

and the reality, american science is one it in this enormous investment that our country has made over the decades has paid off. i think one of the challenges we have is continuing increased manufacturing capabilities and distributing these throughout the world. that by next year. later this year, we should be able to produce enough vaccines virus and bodies for the entire world predict on an annual basis predict. maria: these pharmaceutical companies have invested and spent an incredible amount of time it coming up with these vaccines and yet there is a movement right now to give it away. giveaway intellectual property. what is the alternative rather than giving away our it in terms of ensuring that the rest of the

world has access without giving away the intellectual property of these companies have spent decades and trillions of dollars invested to come up with these lifesaving medicines pretty. michael: i think that idea was presented but it is not by far the best solution. and also runs the risk of discouraging future developments. the best solution it when you giveaway ip, that still doesn't mean you manufacturing, that will take another six months to build the facilities and next, we don't know, these are not simple things to make we are ready seen it in this country, some of the situations where people have difficulty in the case of jj, the takeover a factory to produce the quality of people want to know if they are taking this vaccine, that is done correctly, that has the

same effect as her to me that he is just solution to increase manufacturing capacity and have it run by people have made pharmaceuticals all these years. and then to decide how to distribute it to the world in the united states has announced is going to distribute a billion it of these vaccines pretty coming want to cancer. what you, the 25th annual home challenge that you are traveling the country from coast to coast and you say keep that in the game. there are more than 30.7 million alive today because of what you have done in teams have done raising awareness and raising money to come up with a cure for prostate cancer the partnership celebrated their 25th anniversary recently. where are we right now mike in terms of prostate cancer pretty. michael: today the man has a 99 percent chance of living.

five years and longer and 90 percent of those men will never die from prostate cancer pretty 14 - 16 drugs in the partnership that you spoke about with major-league baseball where we have trouble with ballparks now 500 of them over the last 25 years and reminding them to get that simple blood test. in those 14 - 16 drugs that have been approved, today many of them have little to no side effects. the more exciting thing is it is not just prostate cancer, but the mutations in prostate cancer found in 73 other forms of cancer. in the partnership with the veterans administration, this by providing precision help has been able to reduce the death rate of african-american men which was the highest in the world by 50 percent in the last

four years. then today, as we kick off our future of health summit at the milken institute, we are finding new technologies that we can only dreamed about and has prostate cancer had a blood test. provided early detection. today, the promises much more effective test in the idea that everything was in your blood, just a simple blood test today can identify pretty. very early stage, more than 50 forms of cancer including forms of cancer including pancreatic cancer pretty. ♪ ♪i've got the brains you've got the looks♪ ♪let's make lots of money♪ ♪you've got the brawn♪ ♪i've got the brains♪ ♪let's make lots of♪ ♪uh uh uh♪ ♪oohhh there's a lot of opportunities♪

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maria: welcome back and we have another major show in the works next weekend, makes return into wall street every friday night and 93 week we hope that you will join us in this weekend "fox news" channel, since sunday

morning on "fox news" channel study money futures live and i have an exclusive interview with congressman nunez from the advisor stephen miller and senator john and the editor and founder of just the news, and fox starts every weekday six - 9:00 a.m. eastern on foxbusiness right here on foxbusiness for rnia. thank you so much for joining me. i hope you have a great rest of the weekend and i'll see you next time. ♪ ♪♪ ♪ ♪♪ one of the wall street journal targeted you've heard of george floyd coming probably haven't heard justin paulus. justin was murdered earlier this month short of his 11th birthday join family barbecue in rockaway new york lady was by all accounts a treatment country is child any like method