talk to don and to look at what the market has done and to see that the trump trade americanest e, that he really is going to -- in earnest, he's really going to change certain sectors. so there's still opportunity here for people who want to try to get in. brian: you know, i think a bumpy ride in this world, you're pulling away things you don't like, adding to things that you to do, it ought to be to bumpy. jackie: life is messy. brian: but you get to the end of the day and you've got a better bang for it. i say let's embrace the bumpy if road to get to the a place that's better. jackie: well, we've bot a big show coming up on monday. it's going to look a little different over here. charles payne, i hope that you'll be watching. charles: all right. i might even drop by, we'll see. [laughter] good afternoon, everyone. i'm charles payne, this is "making money." breaking right now, calling i all fit sitters, it's time to stop the making excuses and to start the making money. i'm going to share a buy small

that's extraordinarily powerful, and i have a great lineup of major investors here to help you as well. hey, quick, what's the biggest a.i. story of the week? wrong, it is not stargate. eric jackson on what the trump administration must do the make sure that america can win this thing. plus, president trump swoops into davos with the same spite, the same fighting spirit as the minutemen that helped win the american revolution. my take on that. all that and so much more on "making money." ♪ ♪ charles: all right, so most of the time fence if sitters, you know, investors who are sitting on the fence, they're always waiting for something, usually a monster session. hey, the market was up 5% today or a series of monster sessions, right? we're in a heck of a bull market. interestingly, many of these same folks end up not getting into the market because, you know what? it goes up, and they'll say, gosh, i missed it.

[laughter] it's a mental game of prognostication, and it's cause -- cost so many people a chance to make life-changing money. so i want to begin today by talking about a buy signal that i like that i think you should be looking at as well. this week we've seen a few of these buy signals. give you an example. yesterday the market soared into the close. you see that? it or soared into the close. forget about how the market opens, it's always how it closes. i don't have the volume right here, but it did the same thing, right? i think a lot of this was reaction to president trump's comments to the global elite. and, by the way, these are the sessions you're looking for. i love these kind of sessions. it's happened all week long. another great sign, by the way, is the broadening of the rally. think about this: in december 65% of the s&p names were changing hands above their 50-day moving average. everything was mostly rocking and rolling. after december 1st, look at this. i mean, a freefall all the way

until one week before the inauguration. and by the way, i disagree with guests who have been saying you've got to sell mag 7 stocks for a variety of reasons, but mostly because they're expensive. mag 7, it is -- you could tall the it expensive, but it's the more valuable than all the stocks in europe combined, just those seven namesment it means something. that's' not privilege, folks. now that buying is moving down in the tech world, and this is critical, right? we've talked about equal weight. this is when you take away market cap as far as since nine -- influence, every stock weighs the same. that means mag 7 is filtering into other areas, folks. and, of course, a major part of the stock market broadening out is the story about this fourth industrial revolution because it's hitting all angles, including today. utilities. we mow about this. we're going to talk about this a lot in the show. for years it was boring. who wanted to bayou tilts?

maybe the dividend was bayou tilts? now they are absolutely rocking. my first guest, bell point chief strategist david nelson. before i get into the utilities, what do you tell perennial fence sitters? dade, i want to get in this the market. -- in this market? >> if you've got a black box and you can wiggle around the downturns, god bless you. i can't do that. one thing i do look at, i look at earnings and the trajectory of earnings. and if it's up and to the right, i'm probably in pretty good shape, and you have that right now. charles: you've been pounding the table on utilities for a long time, right now you have vistra, constellation energy energy and talon. my subscribers are in these two as well, we could be with in at this very moment why these names specifically? >> one because they're

independent, and two of them at least are nuclear in there, and that's certainly going to be the next power source. it's also, you look at the utility sector as a whole, it's 2% of the s&p 500. five, ten years from now it's going to be way higher than tha- charles: you think so? >> absolutely. it'll be double of that. by definition, the revenue person andings of these companies have to go up. we have to increase the power grid. power is life. it's the difference between being in a developed nation and an emerging nation. charles: doesn't it strike you, we've had these conversations now if, for the last four years we were constricting energy. and we knew this was around the corner. this is one area where we've been caught flat-footed. >> our electric group is, for sure. now we're becoming an industrial nation again, certainly president trump is all about that. we also is have an entire new industry, and the one thing we know about a.i. is we need power and lots of it. just in the next three years data centers alone are going to demand 12% of the grid.

charles: right. >> so we're going to have to increase that. charles charles let's talk about a blast from the past. by the way, from 3-4% to 12%, that's nuts. corning, i read the note that said dade likes corning. the last time i played corning was in 2009. [laughter] i got shellacked, right? i think it was that gorilla glass that was going to to take over. long story short, i lost my shirt. i never watched the stock after that, and i've missed a stealthy move -- >> well, here it was all about the internet, and over here it was all about streaming. the one thing we've learned about streaming is linear tv is kind of dying -- charles: right. >> and for cable and telecom companies, they know that broadband is the key. so corning certainly benefited there -- the. charles: but now this breakout -- >> now it's a whole other story. this is the a.i. story. charles: okay. >> inside these data centers they're going to the need miles and miles of fiber optic capable to connect all these glps together. charles: 60-40 portfolio, i also saw this in your note.

i think we're in some kind of if not a secular bear market in bonds -- >> we've been in a big one. charles: what do you tell people who want to stick with the traditional large percentage exposure to treasuries or would you stay with that? you have a lot of people coming at you with big money who are looking to preserve it to a degree. >> as much as i like stocks and you're older and retirement, putting all your money in sock thes is financial malpractice. the problem with the bond, you look at the aggregate index and over the last 10 years your average return is a little over 1% annually. that doesn't give protection or the return that you need. stay on the short end of the curve because i can tell you this, when a 10-year yield gets above 5%, we're going to be having a different conversation about some of your favorite stocks. charles: all right. maybe that a won't happen. >> let's hope not. charles: all right, folks, a.i. agents, that's right. you really heard the term last year, right? sales forest.com, the --

salesforce.com was down 14% and then became a juggernaut. it highlights the importance of these a.i. agents. this market, by the way, some see it growing at 30%, that is almost unheard of, less than $7 billion now to almost $100 billion by 2034. my next guest says 2025 is the year of a.i. agents. stockbroker.com director of investment research, jessica inskip. i read where you said this is america's new oil. >> yeah. so i really they that a.i. is something that's going to really push america forward especially with the new administration and if what's coming in and the subsequent actions are definitely showing that that. i want to focus on a.i. agents for one moment before we go through that. i personally have an a.i. agent that my cto of the podcast dan green made nurse, it's called jessica a.i., and let me tell you, the productivity that it has done and increased is absolutely incredible. and it's very interesting in the

forefront of that, the fact that i've seen that firsthand and the way that that will play out for enterprise solutions is just so compounding and so fast. i still think that a there's opportunities there. so that means nvidia is still a prime key player, google is a prime player, meta still is. that still gives dominance to the magnificent seven. charles: meta had big news, spending more money on data centers, a lot more than anybody thought. they're going to spend more. central to this, and i just had the conversation with david, is the trump administration. they've already made some big, fast moves in a.i., david sacks leading the way. are you comfortable with that? do you want the administration to put the pedal to the metal here? >> well, i think there's always risks and rewards with everyone. i think it's a pivot towards speed and global dominance over caution. the revoking of that executive order, the 14410, that happened and then the stargate happened immediately after. and i do like the transparency

that's there there and the person that's leading it is in the forefront of paypal, so there is some technology that's really streamlined it, and i think that's important. and so a lot of key players that are there. but i think we have to focus on, okay, what is this going to translate into public companies, what are the public companies that are going to benefit to that, how can we add that to our portfolio, where's the earnings growth, and there's a lot of opportunity there. charles: you've already mentioned nvidia, everyone hears that every day on the show. broadcom is another one. acer that, it's starting -- arace that, more and more folks are starting the talk about arista. why do you like it? >> it's looking at the companies that are going to benefit from data center expansion supporting that a.i. now, stargate specifically is focused on accelerating training, not inference. so that means need to look at public companies that are going to be more toward that accelerated training type of

model. so arista falls in there as well as nvidia, specializes in high performance networking equipment. it's the critical components for data centers specifically, so that's why that was flagged. charles: infrastructure, seagate is a name i've been in and out of for at least 25 years. and then hinge in the past, they had issues at least when i bought it, execution. sometimes they beat and the stock goes up. sometimes they don't and get hammered. have they remaid made themselves to be part of the a.i. story? >> absolutely. their recent announcement if earlier this week, i think, was pivotal for seagate technology and their heat-assisted magnetic recording. that is a material revenue if driver. what i was looking for was the qualifications because it's needed for cloud service providers and ramp-up of that technology the added to their pipeline. and that definitely has exceeded. i think that's going to the start the contributing

meaningful revenue to the company. but even more so, it takes this data that that that's needed in storage. it is storing more, as in a lot more, on the same amount. so it's more efficient as in from a literal physical perspective. charles: you've been on this tech stuff. i was looking over your track record over the last couple years, and you've got some grand slams. jessica, thank you very much. have a great weekend. >> you too, charles. thank you. charles: all right, folks, this earnings season can be make or break for the market at least according to my if next guest. also, of course, she always wants you to sort of be invested, is so follow the trend but also find these unique ideas. victoria fernandez is going to help, she's next. ♪

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the way i approach work post fatherhood,

has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. charles: all right, welcome back. interesting session so far. what's intriguing to me is that the yields are down a little bit, these 10-year bond yields, but so is the russell 2000. that's what we want to watch. in the next four years, that might be the one thing to check off in terms of one of the major accomplishments. in the meantime, don't look now, but the money supply is actually moving hire. my next guest says this is the type of liquidity that could be a significant driver of the

stock market in coming months. let's bring ins crossmark global investment's victoria fernandez. so, victoria, explain the correlation of the money supply and how it impacts markets. >> yeah. so, charles, you know, we always say the equity market's driven by earnings, sentiment and liquidity. and money supply is the liquidity that we have out there, the money that we can use to boost growth, to spend in the economy to make investment. and so it's important to watch and see how that money supply is growing and how the federal reserve is controlling the level of that. there's a pretty high correlation betweenly liquidity in the market and lower yields, a weaker dollar, and those are tailwinds to the equity market. the key here is that with the debt ceiling coming at the end of march, the treasury is going to have to dump about $400 billion in the economy that's not there right now in order to pay for some things, and that is going to increase liquidity.

we could see some things turn in the market at least for a temporary amount of time. charles: what about the fed? what role does the fed play? obviously, president trump says he'd like to see rates come down. and let's be honest, you know, i think powell -- a lot of folks are losing confidence in powell. they went on this rate-hiking binge, and the economy didn't slow down. they started to cut rates, and the yields went up. it just feels like bizarre world: >> it does. and i think we'll maybe get some clues on wednesday at the press conference. you have got a lot of people out there, especially the bond market, saying we don't need any more cuts right now. the economy is fine where it is, we're not as restrictive maybe as the fed keeps thinking that we are. but you do have now a new administration that's really pushing for lower yields. and as president trump said, he maybe knows a little bit more about interest rates being a real estate mogul. from that perspective, he just might. but we'll see what happens. i think we stay pat with the fed

if next week. we'll see what happens in march. charles: you are modeling for an up year, you're just saying don't look for 20%. >> yeah. we don't want to be greedy, right? we've had that two years in a row. i do think we'll have an up year, but i think growth is going to slow. i think we're going to see not as large as a move because there's going to be some volatility. we have a lot of new policies that are going to be put in place, and none of that goes 100% according to plan. we'll is have two steps forward, one accept the back, so we're looking at mid single digits to maybe 10% move in the s&p this year, but still positive and you want to be in this market. charles: with that in mind, i know you say you like the strength of financials and industrials. in fact, in your note you urge investors not to stand in the way of these strong trends. more specifically, let's look at a couple of the ideas that you like here. mastercard, caterpillar, comcast and oracle. let me ask you about

caterpillar. all of a sudden it's at a new high, it fed like out of left field. >> yeah. there's been a big push there, and i think a lot of it has to do with the fact that the administration coming in, there's a lot of cap-x potential that's coming whether it's in the energy space or onshoring for companies, you know, globally so that they don't have to pay tariffs. so i think they got a big boost. with earnings coming out next thursday, i might if wait until after earnings. you will probably get a little bit of a pullback because of the run that we've seen, and then you can start building that position. charles: comcast is intriguing to me as well. >> yeah. look, you know that we say the market is going to to move higher, but we also think there's going to be lot of volatility. so this gives you some defensive stability in your portfolio p. their broadband component that's the way -- base of their business is really strong on cash flow. you're only paying nine times earnings, and you're getting a 3.4% dividend. so it's a nice holding in our dividend strategy. we think this is a longer term

hold that you can is have in your portfolio for a company that the has a solid balance sheet. charles: i got ya. vick victoria, thank you so much. have a great weekend. >> you too, charles. charles: all right, president trump not only setting the stage for an energy renaissance here, but also he wants to make america the crypto capital of the world, and he's off to a hell of a start. we're going to share the details of exactly what's to happening there and what it could mean for all a you bitcoin investors, next. ♪ it's the eye of the tiger, it's the thrill of the fight. ♪ rising up to the challenge of our rival. ♪ and the last known survivor stalks his prey in the night ♪ there are

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♪ charles: promises made, promises kept. well, that's been the theme for the white house thus far. in fact, it's been hard a queening up with just how much the president has delivered certainly to the crypto community. lucky for us, we have dylan leclair here. dylan, it's been an absolute whirlwind. i want to go over some of these proposals just in the last 24 hour, and i've got to start with this s.a.b. 121. i never knew about it, but it seems like it was a critical part of really slowing down the advancement. >> yeah. it's great to be here, charles. happy new year. it's been an an amazings first few days of the trump -- amazing first few days of the trump presidency for bitcoin and digital assets broadly. i think it's a massive deal, a

lot of people are in the camp of not knowing what it was even. it sounds complicated -- charles: i thought -- [inaudible] [laughter] >> if you were to design a rule or regulation to basically inhibit or cripple the asset class from the traditional, you know, football world, this is what it would be, right? essentially, anytime if a bank would have to custody bitcoin on behalf of their clients not for themselves, they'd have to hold, if you wanted to hold $100 of the bank, they would have to hold $100 of cash to sure insure against that. so it was designed to not let the banks and the traditional financial institutns enter the space. charles: right. >> i thinke' kind of in a similar spot to where etfs roed out and people said, is this priced in, is it not? for me, it's quite clear. you can't price in billions, ins of billions of flows into the asset that haven't materialized yet. charles: also i like, i ordered -- banned, rather, the creation of a u.s. central bank

digital current i. that thing had -- currency. that thing had red flags on it from day one. >> it's the great rhetoric, a cdc is really an encroachment of freedom, so it's great to see them come out against it. and in our camp, we love bitcoin because it's freedom of technology, and cdbc is orr quell january, and we're glad to see the administration if come against us. charles: the creation of this working group, they're going to have folks, officials from the treasury department, attorney general, commerce secretary, the homeland security, office of management and budget, just on and on and on. i think it showed that this administration is really taking this stuff seriously. >> yeah, indeed. i think that that, you know, there's a 6-month period here to evaluate whether, you know, a strategic bitcoin reserve or broadly digital assets is something the u.s. wants to do, and that would follow in the

footsteps of blew tan, el salvador -- but tan, and there were rumors of other countries, so i think if the u.s. wants to remain dominant and, you know, its world reserve currency status with open capital markets, embracing bitcoin as an asset class on the regulatory level is something that absolutely they should do, and that's what the the m.d. managers -- administration is doing. charles: it's been a long time and i'm glad to see you. the establishment clearly underestimated crypto as a political movement. what's next in that area? >> yeah, this is just the beginning. i mean, you know, bitcoin had a $2 trillion asset. it's quite significant, but most people are still asleep at the the wheel. i think very quickly, in the coming year or two or four becomes a $5 trillion asset if not more. so the geostrategic implications of this are quite massive, and i think if we look back in 20 years, one of the shining legacies of the trump

administration will be their embrace of bitcoin and digital capital. charles: hey, great stuff. you've been there from the beginning, my man. i appreciate you always helping us out. thank you. >> cheers, charles. thanks. charles: see you soon. also, folks, president trump kicking off his second term with the declaration of a national energy emergency. now, there's a lot of moving parts to this. i want to bring in somebody who understands this as well or probably better than anyone if else, and that's the author of "fossil future," alex epstein. alex, just walk us through the highlights as you see them in this energy emergency. >> yeah. actually, i was just looking back, so i wrote back two and a half years ago about specifically, i think, the biggest energy emergency, which is the electricity emergency. because what's happening is our grid is in a state of crisis, and it's about to get far worse, and there's a few reasons. one is we're artificially shutting down coal plants, and the epa has tried to make this worse recently, so we need to change that totally we have

artificial demand through forced electrification, especially evs, and then we have organic demand through a.i. and data centers. is so the grid is the most important part of our human environment. without it, we can't even survive for a few days, and the policies of the previous administration and some bad policies before that have put the grid in particular in a state of crisis. and i think that's the centerpiece of the energy emergency declaration, and we really need to wake up. i've been warning about for years, so it's good to see now. charles: i was going over 25 points in your energy freedom plan, and limit, stop, end, minimize, right? [laughter] if you could just -- it seems like, hey, stop anti-development, stop inflating permits, end forced lekly electrification, unwind whole government, withdraw from the paris accord, you know, stop using this and minimize that. it feels like a lot of this is just getting government out of the way. >> yeah. well, guess what? i mean, with computers, how do

we lead in computation? we get the government out of the way. what we need is -- i mean, the government needs to do certain things, set pollution standards and enforce them, protect people against legitimate endangerment like things exploding, but the government has totally failed to do that in nuclear, in electricity, in permitting. and so what we have is this has all been dominated by people who are against human development and specifically energy. so our energy policy's been dominated by people who hate energy. granholm was just against energy, literally a keep it in the ground type. holland knew nothing about energy, she was against development. charles: right. >> we have one of the most promising things is the people who are in the new administration are really impressive in terms of who's running interior and the energy council, burgum, chris wright at doe, lee zeldin has made some great picks at epa. we've got a good ferc chairman, a really good nrc chairman, so very excited by the personnel. and i think they are all really

committed to unleashing american energy. charles: well, alex,ike you said, you've been talking about this for a long time, and you've set a blueprint for others to follow. we appreciate you. thanks a lot. >> thank you. charles: all right, folks, all eyes on president trump's note this week of stargat my next guest says that we can't lose sight of the big picture. in fact, stargate needs even a little bigger push. eric jackson's going to explain why. also he's got a fresh idea for you. be right back. ♪ if -- and the man in the back said is, everyone attack -- ♪ and it turned into a ballroom blitz ♪

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the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways.

charles: so the biggest fuse in the world of a.i. wasn't star a gait. the stargate project was huge, but the a.i. system that is said to be the equal right now of openai but at a 3% price might have been bigger. mark an degreesson saying it's of the most amazing and impressive breakthroughs i've ever seen. and as an open source, a profound gift to the world. now, all of this is happening at the same time stargate is receiving a lot of criticism and some doubt. so what does i mean for the fourth industrial revolution? let's bring in eric jackson. eric, first of all, deepseek, is it, is it -- does it live up to the hype? i'm hearing all the hype, and when i hear the hype, think of when china posts their gdp if numbers. i'm somewhat skeptical, but now i hear mark an degreesson lavishing praise on it, and i'm getting worried. >> you're right to be skeptical, charles. what they're saying is they've

developed this -- llm in two years from nothing. and it only cost them $5.5 million. when we've got the openais of the world and all the biggest american players, you know, raising billions and billions of dollars. so you're kind of scratching your head wondering, like, how is this happening? but you can't argue with the results, and when mark andreessen tweeted this at pour in the morning and says this is legit, this is a as good as what we're seeing from the latest chatgpt, that's like an uppercut to the chin, charles, that makes the knees buckle. and i guarantee you if mark andreessen sees this as legit, he spent a lot of time with the president down in mar-a-lago leading up to the inauguration, the president saw this, and i don't think he likes it at all. charles: so that gets us back to the stargate announcement. you hate to see the fight with elon musk and sam altman. i interviewed sam altman right here in the studio not long ago. it's sort of regret,.

but should we be downplaying stargate at this moment? if. >> i don't -- i think it's still a great validation that in america we've got the money, we've got the talent we're going to be investing in this space, in a.i., in quantum. we're going to make sure that we are leaders in this space. but it was just, it was kind of a surprise because deepseek is based on an open source method, not a closed source method which all the big players like openai have followed to this point. so i think we're going to go back to our corners, we're going to do some scratching of the heads and figure out, hey, maybe we've missed something here. a maybe there's a better way of doing it, and we will come back faster and stronger overall. charles: now, part of that, of course, is i was reading your note saying that at the rate china's going, at some point they can hack into the algorithms, access crypto wallets and things like that. so what can be done, what should be done k and how much more do

you want to see from the trump administration? if. >> well, i think everybody has sort of pooh-poohed quantum as being kind of years away, decades awayment jensen said it's 30 years away, and then all of a sudden, like, you know, or was anybody talking about deepseek before this week? so things are moving really quickly. charles: right. >> i do the think it's packing into city toshi's 256 algorithm and accessing any crypto wallet, any rsa type security is a a lot closer than people think. there's only two public players that that offer protection today, they're both really small stocks. one that, you know, i like the most and i've talked about before and it's up 200% since i first mentioned it, btq, and the other is called seal sq. now, what's different about them is that seal sq makes the chips as well as the soft area --

software to protect the chips whereas btq is going to look to partner with anyone and everyone to get their software out there to protect everything. these are going to be real investment this is year, and microsoft's going to have its own product out there and probably google too. people will have to start investing many these things this year, and i think, you know, at 400 million market cap for each one of these, you know, major upside if they announce anything significant with customers -- charles: yeah. the seal sq, symbol laes, that's coming across my screen a lot, and i'm glad -- you saved me a lot of time having to do the work. by the way, my high risk subscriber, we went back intoly getty, we're up about 43%. -- rigetti. what about people that sort of want to on these dips buy them? are you still encouraging that? >> yeah. i think you've got to look at all these names, the kwan um the names, these -- quantum names.

think of this like you're dipping your toe into bitcoin back in 2013, 2014, okay in there's going to be some volatility, there's going to be days when people were gnashing their teeth because the price dropped from $200 to 14 to -- 140. but look where we are today. keep the long-term view. add on dips when there's an opportunity, when jensen makes comments or whatever -- [laughter] charles: i've got a feeling jensen may say something that sends them higher, that that's just a hunch. eric, have a great weekend. thanks a lot. >> you too, charles. charles: coming up, my take on president trump and the missile that keeps america safe. i'll make the connection. plus, a serious power panel. we're going to break down that and the miracle in argentina. what they're doing that i hope our government does as well. we'll be right back. ♪ oh, i'm a rocket man, rocket man the -- ♪ at t. rowe price we let curiosity light the way.

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>> the good news is, you're fired. the bad news is, you've got, all a of i you have got just one week to regain your job, starting with tonight. starting with tonight. sit. oh, have i got your attention now? charles: yesterday president trump delivered a tour deforce address to the global heat, and let's just say it knocked them down a peg, right? it was just like the movie version of glen gary, glen ross. the davos crowd had the media wing immediately turn the heat up on president trump. check this out, the cover of the current issue of the economist, it features mr. trump, that's what they call him, mr. trump, pending time talking about the great president william mckinley. now, the article claims trump is not a reader of presidential

biographies, and they also took a jab at his knowledge of bimeddallism and the trump and melania crypto coins. but the main part of the article was to point out that mckinley was an imperialist who loved tariffs and was backed by commercial eye tans of the age. by the way -- titans. listen, i knew these kind of pieces were inevitable. that's why i had my town hall last week. i woke up this morning, i gotta tell you, around 4 rahm, it just popped in my head, the best comparison to what president trump did yesterday at davos. and i've got to tell you, out sort of reminded me of our minuteman nuclear arsenal that a keeps us safe, the sewer don't innocental -- intercontinental ballistic missiles. they is are on hem or they used to have on them what they call multiple independently-targetable reentry vehicles. i know it's a mouthful. here's the bottom line, it

involved a single minuteman missile to have one target. yesterday the elite establishment with the force of the minutemen, trump went after them, right? and he covered, it was, like, one missile, but it covered all the targets like those minutemen with precision and power. and believe me, they got the message. joining me now to discuss, fox news anchor julie banderas along with election correspondent brianna lyman. julie, i love9 -- loved it. [laughter] do i have your attention? >> yeah. well, new york they were all laughing, and all of a sudden he takes the stage, and it just gets quiet. and he's not a conventional businessman, and that's why he's done so well for our economy in the past and why he's going to the bring our country back together again. you have got a lot of stuffy, very mart people in that room that are not used to his sort of candor. but i think it works on both main street and wall street, and that's what we need somebody --

these guys are a little too stuffy. charles: they are stuffy x they're so arrogant. they're not the smartest people in the world -- >> not as smart as you. [laughter] charles: they fly in on these private jets and then lecture the rest of the world on climate change. >> they suddenly realized donald trump is not going to follow the trajectory of the biden-harris administration because had we stayed on that path, we'd be footing the bill for these radical european if policies. donald trump space -- trump's speech was, psych, not happening. [laughter] charles: argentina, javier milei, what he has done is amazing. now they've had their first budget surplus in 14 years and, julie, he did? in just one year. been he did this in one year. when people in argentina a get their bills now, it's itemized. >> oh, yeah, i saw this. charles: people get to see what big government really costs.

it's absolutely amazing. >> no, it's incredible, and he was a star at the inauguration, by the way. he was also at the hispanic inaugural ball, and this guy is now trump's best friend. he's gotten behind make america great, make argentina great again. and the president has a tremendous amount of respect for him. by the way, budget surplus, cutting back on spending, that's what this country is about a, all the pork that needs to be cut out under the biden administration which has caused inflation is going to go away, and i think my lay is a great example -- charles: and it's good that he won. they've been a failure for decades, but people will still vote for the same people, and it takes something jarring to wake them up. >> right. it takes a visionary. finish what milie showed us is the socialist policies don't actually work. what works is pursuing free market policies, aggressive deregulation. he had some bufferins in the road, but they've -- bumps in the road, but they've come out

of that the recession that was predicted. charles: i like that you mentioned the bumps in the road, i hope americans are prepared -- >> yeah, recession concerns. charles: when you try to right a ship, it doesn't work out initially. reagan had some bumps in the road, and then he went down as one of the best presidents ever. speaking of news articles, "the new york times" -- [laughter] here's the headline for you, how labeling cartels terrorists could hurt the u.s. economy. i've got to tell can you something, julie, i might be smart, but i'm not this smart. [laughter] >> you mean you're not that stupid for whoever came up with this ridiculous title? [laughter] first of all, may hurt americans? you know what's going to hurt americans? terrorists. you know who those are? the around tell. they come into this country for one initiative aside from smuggling drugs and humans, to april americans. charles: right. >> when somebody sets out to kill american, and i'm talking mass murders, that's terrorism. i mean, what else do you call submit for them to actually want to deem them under a lesser group so you're saying they're not as dangerous or threatening

to americans' livelihoodsesome no, they absolutely should be on the terror watch list, all of them. charles: they're an army. i mean, they have military grade weapons and go to war with mexico all the time. we should be prepared to save americans. >> yeah. sounds like a cartel member actually wrote the article -- >> it's possible. [laughter] they're all over the country, they probably do work at the new york times. >> they have the spare us the outrage about pretending to car -- to care about the economy. this is indicative, "the new york times" and the left sees america as nothing more than an economic opportunity zone that we have to he quick wish -- relinquish our sovereignty can and allow cartels to operate to save our economy as if that is the only way forward. charles: i saw something, and this is the amazing to me. did you guys know that walmart regional managers can make as a much as $600,000? >> oh, my god -- [laughter] is this a ceo position or a regional manager -- charles: regional manager. >> i know! i thought mys read it.

$600,000, are you kidding? yeah, i guess they're going to have to go to work among those that have been working at home. but not even if you showed up to work, $600,000 as a regional a manager, no offense to walmart employees because all power to you working in consumer retail, it's not an easy job. but $600,000 as a regional america sign me up. >> it's like the ups drivers makeing a ton of money. that's great. are they doing jobs that are worth $600,000 or $200,000? >> garbage truck drive in new york city make six figures, fyi. i may look into that as well. charles: listen, i tell ya, you know, a lot of gigs out there, you don't necessarily need to go to college. >> save a a lot of time in makeup and hair as well. [laughter] charles: after the work, though -- [laughter] work from home. we know trump is getting rid of this. i don't know people know just how bad it is. we've got a screen coming up here, agencies where people work from home. there's a couple of agencies on

this thing where there are actually more people that work from home than work for the agencies. i don't know how they pulled that off, but the state department, more people are eligible to work from home than actually work for the state department, same with the small business administration. there's no way in the world you're getting anything done with this many people working from home. >> wake up, biden. by the way, joe biden extended this for another four years of time away? i don't think women get maternity leave for that long, okay? in i mean, honestly, paternity and ma alternativety leave shouldn't last that listening. elon musk said it perfectly. he said, you know, people that are building cars and working in factories, they have to go to work to provide you with your vehicles, and you get to stay home? absolutely not. charles: right. >> look, i'm a fan of having a flex week, one day a week at home. but it drives down your product if. people don't turn out -- charles: this is a flex day every day for the last four years. >> i think people is haved had enough flexing.

charles: enough flex. [laughter] >> bring productivity back to america. charles: one final blow to the davos crowd, this global warning thing. brianna, just 30 seconds, right now the north pole, temperatures are 20 the percentage points colder than normal. >> well, i'll tell you -- charles: -90. i mean, so i know there's a polar vortex, but maybe the global warming story goes away too. >> donald trump comes into office a, and florida gets snow -- [laughter] charles: they said hell would freeze over. i don't know if they meant florida though. a ladies, thank you both very much. all right, folks, the market's side wyomings -- sideways, but anything can happen in the last hour of trading, right, taylor riggs? taylor: you got it. you know, charles, you and i are in the office five days a week. charles: five days a week, that's right. and love it. taylor: have a good weekend, sir. thank you, charles. take a look at wall street, trading a little bit muted today. we're just slightly lower as we're wrapping up the first week of trading in presiden