i hope you will join me. i'll see on sunday morning on the fox news channel, tony rewording futures. exclusive interviews with tennessee senator bill hagerty incoming borders are tom hallman, mike waller and income intelligences by jury board devin nunes. that will do us fox business. have a great rest of the weekend. i will see you next time >> "barron's roundtable" sponsored by global x etf's. jack: welcome to "barron's roundtable" where we get behind the headlines and prepare you for the weekend. president-elect trump saber rattling to seize the panama canal and greenland, brought

tears and cared about mexico. ian bremmer joins us live on that and more. first we begin with expert panel on three things investors think about right now. on the "barron's roundtable" ben levisohn, alyssa corum and al root. good to see you. jack: the market was meandering the weekend friday fell out of bed, what was going on. >> harder than expected december jobs report suspect investors. in unexpected pickup and payroll gains 256,000 in the unemployment rate fell to 1.4%, hotter than expected academy that means treasury yields already going crazy enough again after 4.77%, the tenure is significant because a break after a 14 month high. not looking good, the nasdaq fell 2.4% for the week. there was an attempt to close off close on friday. i'm trying to find the silver

lining but ultimately feels like the market is hanging by a thread because investors are hyper focused on any and all economic data. >> i'll tell you the silver lining the payroll report as strong gobs are untrue jobs report, though an appointment, wages are not going up more than they should be, this is great news and will take a while for the market to realize but as long as economies growing, earnings are growing in stocks go up. >> i agree the backdrop is bullish but i'm cautious because friday's damage means we can see more chopping the short-term. traders need to work for a momentum shift to get back a buying mode. >> inflation number is still below the wage increase, that is good news. >> one thing that would really scare me if the fed decided to raise rates if that happened it would be game over, i don't think were there yet. >> with the technical indicator

to show investors now is the time to get back in. >> traders can look at round numbers, on the nasdaq i'm keeping tonight at 19000, the s&p 5800. we want to see if laura support. if you see a bounce for a couple days and strong buying that's a good signal an upside reversal of a down open to shakeup the week sellers and then you get more confident buyers to step in, that could be the momentum were looking for. >> next week what would be my chance. >> early season gets underway a few reports on friday but the big banks that are coming up next week. keeping an eye on j.p. morgan, goldman and bank of america. guy: let switch to the devastation of los angeles. it's hard to process and is not over yet. >> is terrible i talk to people find out they have family in l.a. and i hear their stories and it's frightening. it's easy to think this has nothing to do with me and beyond the tragedy of it all apart that

we are going to feel is the insurance rates are going to go up across the country not just in california. the wall stre wall street journl highlighted a study when you have these events whether something like this with estimates for insurable losses are 20 billion or bigger with katrina you see insurance rates go up across the country because they're trying to make back money and states with weaker insurance regulation goes up even more like virginia and vermont it's something that we will have to keep an eye on. jack: you see in the market, insurance stocks got hammered mercury general 80% of the business in california dropped 26% this week. jack: jensen huang spoke at ces everybody was focused on quantum a.i. they got computing stocks are got killed you saw something totally different echoes of elon musk.

>> ces las vegas a big event every year jensen the father of a.i. everybody pays attention. the thing that i thought he sound exactly like elon musk which is the winter elon and a justification for permanently optimistic. >> we all have a.i. and we can type in pond question super interpretive laxity and chat gpt that's everybody's exposure. down the road jensen said robotics could be the largest industry the world is ever seen he's lumping self driving under driving cars and humanized robots that's what elon musk said it's nice to have a second voice with a pristine reputation echoing that. the other thing however, getting a.i. self driving cars, jensen explained how he is working with different companies is exactly the same model the elon musk uses is settled good debate on who's winning tesla everybody has the same approach and what

elon said two or three years ago. jack: were out of time but why didn't nvidia stock take a hit. >> 's expectation, nvidia is coming off back-to-back years of triple digit gains people expect johnson to say good things sometimes having widened threatened export on certain chips. >> trump threatening to declare national economic emergency to pose widespread tariffs on canada, denmark and mexico. your razor president ian bromberg for what it is for the fu tamra, izzy and emma... they respond to emails with phone-calls... and they don't "circle back" they're already there. they wear business sneakers

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>> president-elect trump has not moved into the white house and threatened steep tariffs on canada, mexico and china floated the idea of the 51st state, pushing to acquire greenland and seizing control of the panama canal, that was so sweet, what happens next. the asia group with the annual highlighting toppers for 2025 and scenarios involving that can be trump administration are cited twice on the list founder and president ian bremmer, happy new year. >> thank you. since the election was gone from isolation into a very active foreign policy the threat of retaking the panama canal. do you expect this to happen and if they do how did the threats affect foreign policy. >> trump's never been an isolationist, he's a unilateralist he wants to make decisions himself and he wants to do it in a room with other

leaders weaker than him, whether corporate, financial leaders or leaders of countries that's exactly what he's doing, the united states is in a stronger position, stronger position that its enemies whether russian deep decline or iran lost their part in the middle eastern and china massive economic challenges or its allies. america is a stronger military economic technological position and trump consolidated the republican party and won the popular and electoral vote in these dealing with allies whose governments are in serious trouble, south korea collapsed, canada, germany, france. he's taken advantage and this is not about rule of law is not about u.s. leadership of multilateral architect institutions or about common values or standards or the promotion of democracy or free-trade it's my way or the highway that's exactly how mark

zuckerberg has capitulated to him and what's expected from other countries around the world. i don't think the americans are going to land troops on the beaches the frozen beaches of greenland. i don't think i'll take over the panama canal but he's going to squeeze the countries to capitulate and give him wins. you remember the first time around he said all the way through his campaign i'm going to build a wall and mexico on the border and are going to pay for it. he barely built the wall and lord knows the mexicans did not pay for but the pressure on a country that desperately needs the united states to be nice to them led the mexican government to put more attention on their own southern border and that was far fewer people coming to mexico into the united states that trump could sell as a win. that's exactly what he's doing right now when he's talking

about greenland or canada or anywhere else. >> sticker donald trump at switch to domestic. number two is the rule of john you talk about erosion of independent executive power, dangerous new precedents and political vandalism. explain that. >> i want to make clear this is not about the u.s. becoming a dictatorship, there are plenty of institutional checks that ensure the u.s. remains a public you have an independent judiciary, your professional military and the federal system the elections are managed by states to not managed by the national government. having said that trump is an extremely strong president about to be president who is not interested in doing business as usual. especially because he went through all of the investigations, to impeachments,

conviction of crime and almost assassinated, he blames the deep state and his political opponents and weaponizing the power of ministry the d.o.j., the fbi, the irs and he intends to take control of those departments and use them against his political enemy, that will have a chilling effect that will create a mccarthyism and an awful lot of people that behave like mark zuckerberg they will give money personally and redo their business models to make sure trump is happy. jack: were about out of time can you give me one sentence explaining g0 you don't hear that talked about a lot in your bringing it to attention. >> is not g7 or g20, is no global leadership and everyone out for themselves. america first for the u.s. and g0 are the same side it's the

law of the jungle where the strong do what they will and the week do what they must. it's a great place to be an apex predator but if you're not uncertain and volatile and that's why it's a top risk for 2025. jack: in between player football teams, asia reports 2025 it is fascinating reading. parents brought to together to analyze a year ahead and unveil the hottes introducing new eroxon gel, the first fda-cleared ed treatment available without a prescription.

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2025. >> great catching up with you. >> it was nice of you to invite. >> before we get to the stock picks, give us a picture you think the economy is strong 23 times, the market is a bit expensive for our taste will. >> it is, it is interesting if you look at gdp growth is probably 2-2 a half percent. if you look at the pcn cpi 2.4 or 2.5 nominal gdp is healthy is not a runaway freight train but is good and use all the employment numbers for december were excellent and we created two-point to million more jobs for the whole year there's a lot to be said for the strength of the u.s. economy when compared to what's going on in the eurozone of the far east were doing much better than most other economies in the world.

>> you weren't the only one feeling nervous about this market seem to be the way most panelists felt will market was excellent and will perfection will only one you will refueling bullet will wishing to be a surprise when you are a value investor were mostly well, i am investor will i should not be surprised you pick that with the bank i'm familiar with j.p. morgan's group not unique point bank this is a bank in new jersey, market cap million dollars they have been consistent in 16 or 18% will will most mutual things are going a efficient rates under 40 for him based on this issue earnings committed, mid double digits for 65, 816 multiple will

and 15% on booking 1.7% on assets, fully reserved on nonperforming assets 1.7 times in margin of safety the only one the company is big multiple, the bulk of the portfolio was commercial real estate but they're not doing mod paths dream people that own myriads in 711's, concentrated with bigger credits, "the bottom line" liabilities sensitive, it rates backup and knocks off the net income overall but it's a well-run bank, 21 branches in northern new jersey to central new jersey which is a wealthy area. it's reasonable and at a+ multiple. >> it's alyssa from investors daily i like looking for fundamental and technical perspective. when it comes to your pick software and services to hedge fund and private equity i really

like how it showing stability in a volatile market and up 20% since last july, what you see from my fundamental perspective. >> refilled the stock for a long time were customers the trading platform and evaluation platform this is a company with the top line five or 6% great operating leverage 45 - 50 cents they can grow the earning ten or 12% a year they only had one break and earnings-per-share and you have to go back to 2017 and a straight up record, the company runs about 19 or 20% and total design equity ratio of .9 because they generate cash would buy back stock. we figured this year about 580 which puts it into 12.9 multiple

but we have to be honest 84 cents in property, take that out and pushes the multiple to 14.9 times for study company one of the double digit growth more free cash flow then earns it's a very decent plate of 14.9 multiple. >> this is our route one that i was interested was honeywell some of those companies haven't done well you recommended vance six makes nylon years ago i was not sure but that was a long time ago, what do you see no. >> i see the earning has turned that's a big thing with the catalyst you don't want to buy something cheap they've had two successive quarters, the earnings are taking off and they have good demand for the nylon six ammonium sulfate which is a fertilizer and they do intermediate chemicals. i have them earning over $4

issue six and a half pe if you take the stock base of 24 cents and 6.9, one third of the market multiple, cleaned balance sheet and is point to six the return on equity is 14% and return on total campus 12%, even though the cap spending picture of $150 million still 25 million free cash if you went back on the 10k in previous years and generated free cash flow it's important of the strategy if you don't read the cash register is not a business. >> nobody knows their portfolio i think you can teach a ceo at bangor to thank you for sharing these pics you can see one more pick in this week's edition. you don't want to miss this bend will tell us what the batman stocks are. stay right there. >> what are you,

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there is a new sheriff in the white house and the new acronym on wall street batman. >> we do this on wall street every six months to a year, the things and then apple and along the way we drop netflix in favor of nvidia and out of microsoft. then the magnificent 72 movies. now it's batman. >> is a magnificent seven but was brought, added to it. what silly nothing special the things with facebook, amazon, netflix and google.

now is the biggest stocks 2010 i would've bought the beams brookshire, apple and microsoft. i think there's better ways, al has a couple can read about top gun and matrix, good movies. i prefer the flimsy five smallest companies in the s&p 500. someday we won't want the small companies like caesars entertainment will have their day. until that happens it's batman. >> actionable ideas. >> i like viscera utility stock with constellation energy that huge year in 2024, 260% but the valuation is reasonable up nicely, hitting relative strength is actionable at current levels. >> will go with the "barron's

roundtable" from abby joseph tiu would she likes crouch strike is growing double digits in earnings at 20% for the coming years. expensive but a lot about crouch strike. jack: thank you, great ideas. thank you to read more checkout barron's.com don't forget to follow us on next appearance.com for the latest updates. we will see you ne >> from the fox studio in new york city, this is "maria bartiromo wall street". maria: happy weekend to all, welcome to the program that analyzes the week that was in position you for the week ahead. i am maria bartiromo deadly fires ravishing los angeles area leaving thousands of homes and businesses and schools obliterated 180,000 people under mandatory evacuation orders the pasas