where your business stands. new business? no problem. success starts with intuit quickbooks. ♪ from the fox studio in new york city this is maria bartiromo's wall street. spit happy weekend to all. welcome to the part of the ellice of weekend was positioning for the week ahead. i am maria bartiromo. a huge surprise that generate jobs report with many more jobs added to the economy last month than most expect to be the end employment rate did kick higher. we break it all down for you and what it means for your money coming out. teaming up against america. vladimir putin and beijing this weekend meeting with the

olympic games kick off by the kremlin says the two are looking to create a more just world order. as another cold war bruise between the u.s. and russia and looms large. meanwhile u.s. athletes and beijing afraid to speak out at what many have dubbed the genocide games. looks big with former national scaredy advisor kt mcfarland about all of this. plus how protected are you if you have already had covid-19? for how long and how did that compared to the vaccine? dr. marty makary is here on his brand-new study and more on how to 2020 lockdowns have failed us. but first let's take a look back on the top newsmakers on mornings with maria and this edition of the week's talkers, watch. >> it was an agreement in place that they would not be able to go and rural hong kong for another 25 years. and yet sent into henchmen in their prey. >> i think that british when

they gave back hong kong in 1987, knew the chinese communist party were brutal, nasty but they thought they would at least a thugs at their word for. >> press secretary jen psaki laughing off the american crime crisis and claiming it's not real. >> she is a pathetic, the smug disrespectful attitude in addition to apologizing to the men and women. how about apologizing to the victims question at. >> 's cohesive recession 23? what you don't rule out anything. but i do not really buy the argument we have a recession coming in 2023 but i think the odds of that are low. elizabeth: will take a look at market telly and another wild week a big jump the job support on friday 467,000 jobs were added to the economy and the month of january. the estimates call for job growth of only one or 50000. meanwhile the unemployment rate ticked up subtly to 4% out from 3.9% join me right

now a slight stone wealth chief market strategist kenny palcari and joni. great to see about this week and thank you so much for being here assess for us if you will be jobs report for january, what struck you most? >> it was a big surprise for all of us and economists certainly do see 467,000 jobs created. but the job growth was really in all sectors. may beat with the exception of construction which was surprising to see a decline. but very strong growth in leisure and hospitality the professional business services sector. retail performed well. so lots of job opportunities out there. and really great to see labor participation to cut back up. we are seeing more people come back into the workforce. that certainly is a good sign. so even though we sell on

appointment ticked up slightly it was actually for a good reason this month. be when they saw the summer without real volatility and a decline. i wonder if the market sees this number as an opportunity to say yes the federal reserve will not raise interest rates multiple times this year because going into the number with the adp number in the atlanta fed calling for growth of one tenth of a% of the first quarter, question had risen about how many rate hikes the fed will have to do. is this report change that? >> no. but what i think it changes is the increment they're going to raise rates, right? fifty basis point is very much on the table after this report. because a look we got a great group jobs growth for january for december it was revised up strongly as well. and so therefore i think that once again causes people to start to consider okay, is it

25 basis points or 50 basis points? that is been the talk going back and forth as arguments both ways why they should, when they shouldn't. i think this report brings up a possibility that could happen. although came out early in the weeks and five rate hikes is probably a good bet and they're all supporting 25 basis points increases for that's what's going to because of the angst in the market as investors try to figure out what is really next. maria: so can eat most people expect incremental rate increase or quarter-point in the march meeting another quarter point at the april, may meeting. do you think a 50 basis point hike as opposed to 25 basis point will upset markets? is that going to be a surprise? >> is going to upset markets for sure it's going to much bigger increment than what the market expects. but, that then it may allow them to take a step back in april or may, right? because if they double the

rate of increase in march they may step back and see what it does to the market. what they're going to do with inflation, what's it doing to the other data points, right? that's what has to do but almost as to shock the market a little bit. maria: you make a great point it's about inflation joanie pretty got oil prices above $92 a barrel on friday. inflation has zapped some people's wages. in this report we have wages up seven tenths of a percentage. but let's face it a people are spending more money on gasoline and on crude oil that is going to zap their wages. your thoughts on the wage picture in this report? >> you know maria i see it in the front lines really all employers right now are forced to increase their wages from the lowest builds workers to the very skilled workers. it is one of the most competitive employment markets i have ever worked in. and i've been in this industry

for 25 years. i do really see that wages are not keeping up of course with inflation. even though we did see a nice increase, we all know the price of gas, the price of the grocery store, people are starting to struggle more with a putting food on the table when their dollar is not going so i do think we are going to continue to see that wage pressure plate will certainly impact earnings for many companies. and, i do think employees are really in the driver seat right now. they are able to certainly demand a higher increase in wages because there is such a scarcity of talent still on this workforce. but again a good sign of labor participation went back up or probably driving it as well. maria: kennett, real quick how do you want to allocate capitol? does this report change how you're buying or selling stocks?

>> no, not at all. allocating new money into the value names in financials, energy which i've been screaming about for four or five months unrated pulled out a met a little bit has such a dramatic move. but cyclical like i just said the consumer staples interest in going well this year. and i am also leaning more towards a high dividend stocks that are going to provide stability and income was going to be a turbulent environment. kenny polcari and joanie bily going to thank you so much for being here we so appreciated by china and russia meeting this week looking to create a new world order. newborns for the u.s. athletes at the beijing olympics made by former winter olympian says he is scared for safety part i'll be asking kt mcfarland about all of it next appeared. >> i would say to our athletes, you are there to compete. compete. do not risk incurring the

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maria: look at back of the world comes together in the spirit of sportsmanship america's biggest global threat has also come together but vladimir putin is in beijing this week as the olympic games to kick off. the kremlin says the two are looking to create a more just world order as of the cold war between the united states and russia looms large for joy may now is former deputy national security advisor and the author of a revolution, trump, washington and we the people. author katy mcfarlane is here. thank you so much for joining this weekend but isn't it interesting to look at the beijing olympics underway this weekend and see vladimir putin and xinjiang enjoying the game sitting side-by-side, your thoughts on this newfound partnership between america's

two leading adversaries? >> think they're going to talk about three things, maria. >> one xinjiang is going to tell vladimir putin, whatever you do with ukraine and europe are going to support you. and the russian presidents would say also whatever movie you want to make about taiwan afterward and with ukraine we will support you with that. there's reciprocity by the second thing the chinese president is going to say to vladimir putin is if the europeans or the americans give you any trouble on any of your pipelines or energy pipelines in europe, do not worry, we comment china will take all of your energies of eyes will take your oil, natural gas, will have this pipelines go from siberia to try and it will be fine. then i think the third thing is they both say to each other, here is a new world order. we are in charge, china says chinese technology, chinese money and bottom are pollutants as russian weapons and russian resources. that is their new world order what they expect to dominate

everything. they think the 21st century belongs to them. maria: i know there are a number of media sites that are really propaganda for the chinese party. one of those that according to china, vladimir putin is the most important olympic guest despite the russian team band. there's a lot of concerns over these olympics. concerns for the security of our athletes as well. listen to retired to time of the big skier noah and what he said too. >> i am fearful for athletes small things have you at the organization the games are they going to be protected? athletes are told they need to get burner phones and rental computers because they were not going to have any digital privacy while in china productive different from the experience i had even in sochi which had its own problems in 2018. >> the athletes were forced to download an app if they wanted

to go to the games. i want to know what this app does but it basically create surveillance on all these athletes phones? what are your thoughts on what the athletes will face? >> every time i go into china everybody knows get a burner phone, do not bring your other electronic devices leave them at home. the chinese will listen into everything whatever wi-fi network you connect to whatever cell phone or hotspot or even charges the wall to get it charged a chinese will penetrate your devices but not only will they get all the information that is on your devices including up into the cloud they'll put spyware on them but if you take those devices home, and not only will they continue to look at you but all your friends. that has always been the case. what freaks a lot of people out now is when nancy pelosi just said we are worried about the safety of our athletes. remember copiers of the collagen from ohio went to north korea, he did some

stupid college and franky pulled on the north korean flag, he was arrested under the national security laws, tried, imprisoned, tortured and then returned to his parents in ohio brain-dead. i am worried that is what their intelligence is picking up that the danger is to our american athletes if they speak out in any way to criticize china. if you look what is happening in the last couple of years he chinese went after the immediate czar of hong kong. he is still in jail, who knows what happened to him. and if you look at the most successful chinese entrepreneur and businessman, he was arrested and he changed his mind about china. all for daring to speak out. can you imagine what they're going to do to some hapless olympians? spit will look, jim it was a regular guest on this program on mornings with maria. we have heard all the stories. unfortunately we have not heard a peep from any other

global leader that hong kong is a change place. they were able to march in their start throwing people in jail it is a tragedy. kate t it's great to see you thank you for weighing in on all of that. great time this weekend. k.t. mcfarland joining us. if you've already had covid how protected are you from getting it again a serious case of it again? case of it again? doctor marty makary us here in dad, we got this. we got this. we got this. we got this. we got this. yay! we got this. we got this!

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maria: welcome back some surprising findings in a brand-new study by johns hopkins university regarding the protection that comes after contracting company in 19. the study found people had

more protection against getting a serious about of oma craun with natural immunity. then, with the vaccine alone. over 99% of people got the virus still had antibodies present up to 22 months later. joy to meet now is a johns hopkins school of medicine professor and fox news contributor, doctor marty makary. doctor carey it's great to see you thank you so much for being here. we have been talking about the positives of natural immunity now for a long time. at that administration, the cdc does not recognize it. tell us the story of natural immunity and why it is so important? >> well, about half of americans have a natural immunity. many of the unvaccinated habit. the construct of the vaccinated and unvaccinated is really a false lexicon. to be more medically precise we should be talk about the immune and not immune. those with a natural immunity actually have better protection against the virus but ironically when businesses fired and those with natural immunity for not being vaccinated they fired those

least likely to spread in the workplace for our team thought this is a need, somebody needs to invite patients, people had affection in the past but no vaccination study natural immunity breaks we drew the blade on about 800 different volunteers and we found the immune protection was strong, it was durable and it still present at 22 months almost two years. maria: that is just incredible. because if you have had its comment may be the real important test is to get an antibiotic test. so before someone tells you go get the vaccine, go get a booster, isn't more important information, the amount of antibiotic she may have since you had the infection? >> yes and ironically many pulitzer collating antibiotics. they just antibodies a government denies where they're trying to figure how the operationalize getting credit to those who are natural immunity paid what you can do is rely on any previous

appositive covid test. because we thought if somebody had a previous covid positive test, 99.3% of them had circulating antibiotics for that's a reliable way to give credit just like europe and israel do. >> makes a lot of sense your client at john hopkins had another big study that made a lot of headlines made that was the devastating lockdowns of 2020 that but so many businesses out of business appeared in so many people out of work. actually have little to no effect on preventing death from covid. they may have made things worse. back in june of 2020 here it is. >> the fact we shut down when we did and the rest of the world did has saved hundreds of millions of infections and millions of lives. maria: how is that possible doctor mike? alexis would been one a narrative on the lockdowns which is the greatest of the last century. it's worthwhile to study it.

our colleagues at john hopkins look at this with a very sophisticated mathematical model incorporating over 28 different studies out there. what they found is the reduction of mortality cumulative was not significant. two tenths of 1% which translate to about 1800 people. now, with excess noncovered deaths in this country about 123,000 per year. so a quarter million people over two years roughly have died from noncovered causes that's greater than the normal frequency of deaths in the country. we call them excess noncovered deaths. no one has been able to explain them. they are the collateral damage of the lockdowns strategies. we should have been targeted with the lockdowns. we are still making this mistake schools are requiring vaccinations for all kids a five it up in california. and new orleans rather buried they should recognize its those with risk factors who

are at risk not healthy children. maria: -- doctor carry everything you are saying is so important. and yet look at all the businesses that went bankrupt. look at all the people who change their lives entirely because they did not go to work because of these lockdowns. this is just extraordinary but look ahead for us, doctor meharry, where you think we are in this pandemic? we obviously have to just live with this. how should we approach it? >> what were going to have respiratory pathogens every viral season in perpetuity ten -- 20% of the population are going to get them. we need to go back to commonsense practices. we can have the cdc adjudicated every aspect of american life appearing to a back to the basic principle that if you are sick stay if you are around someone exposed to the very speakerphone so your distance. right now we are seeing disappointing to the death numbers the daily death numbers. they have serious a math

problem. people are dying from covid today, i see it in the hospital but not at the rate would never distinguish death from covid versus with covid. so the real numbers maybe half of what we are actually seeing britt and partially deaf numbers lag say we can't get back to normal while denmark and the uk are saying look, we are going to totally back to normal, all restrictions are lifted. i think i'm fortunate in the u.s. we painted ourselves into a corner it's going to be hard to go to that liberation. maria: unbelievable all this is going to be investigated next are guaranteed productive kerri good to see it. kerri good to see it. feel stuck with credit card debt? move to sofi and feel what it's like to get your money right. ♪ move your high-interest debt to a sofi personal loan. you could save with low rates and no fees.

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good of big show the works for next week and remix returned to wall street every friday night at 7:00 p.m. eastern, we hope you will be there. and every weekday joined me on the sunday morning futures over the fox news channel on sunday morning i got exclusive vendors et cetera ted cruz, houseman relator kevin

mccarthy, former secretary of state mike pompeo and congressman mike gallagher. we will talk of china and the economy, sunday 10:00 a.m. live on fox news. then right here in foxbusiness start smart every weekday from 6:00 a.m. until 9:00 a.m. eastern for mornings with maria on foxbusiness but help you start your day with this every weekday. that will do it for us for now have a great rest of the with weekend, i will see you again next time. ♪ ♪ ♪ ♪. gerry: this book on the wall street journal at large a pleasant surprise for the economy as he was producing big job gains in generator for the markets are the year in a funk as interest rates rise in inflation looks like it could be here to stay. and, it turns out lockdowns were useless after all. how unprecedented attempts to attempt to limit our freedoms and movem