british prime minister theresa may he rejected the prospect of a second brock's at referendum on monday pleading to the house of commons quote let us not break faith with the british people by trying to stage another referendum ms may warned that a second vote would quote do irreparable damage irreparable damage to the integrity of our politics ms may also set january fourteenth twenty nineteen as a date for a second attempt to put her bags and deal to a parliamentary vote the fact that ms may have to reject these supposedly outlandish idea of a revoke reflects her own plans vanishing prospects and her spokesperson now says the government is hastening preparations for a no deal scenario earlier today of the u.k. defense secretary told parliament the troops will be on call to handle any possible public disruption following a no deal brock's it the original brags that vote required three thirteen months of preparations seeming to rule out any vote before march twenty ninth twenty nineteen

by that date the u.k. must accept ms may's deal leave the european union without a deal or cancel their original notification of intent to leave. weapons manufacturer general dynamics is threatening to pursue damage claims if canada cancels a arms deal totaling fifteen billion dollars canadian dollars with saudi arabia even as the saudi war in yemen threatens fourteen million people with famine on monday the company claim in a statement were canada to unilaterally terminate the contract canada would incur billions of dollars in liability to general dynamics lances times canada the missile maker was responding to canadian prime minister justin trudeau who said on sunday he would try and see if he could cancel the deal mr trudeau had previously resisted pressure from human rights advocates to cancel the arms deal using general dynamics as current argument about possible cancellation penalties.

it's now been over two months and former saudi journalist jamal khashoggi entered the saudi embassy in istanbul turkey and was killed he was murdered reportedly on orders of crown prince mohammed bin solomon of saudi arabia president trump says there is no hard proof that the prince was personally involved but other world leaders disagree and the u.s. senate may force the president's hand to take some action senators from both sides of the aisle republicans and democrats alike were furious after receiving a briefing on the killing from cia director gina haskell back on december fourth here with morris conservative commentator steve malzberg steve thank you for being with us my pleasure good seeber so this is such a troubling story i mean because somebody is actually murdered and a journalist we both are journalists and that's uncomforting but i'm just

curious after this briefing in the senate where ms haskell finally appeared and first of all she didn't appear then she appeared even had people like lindsey graham. supposedly you know one of the president's best friends on capitol hill saying no i mean it's obvious what happened here what do you make of all of it yeah well here's what happened there were two briefings one for the entire senate and she was supposed to head of the cia it was supposed to show up and she didn't so my pompei of the secretary of state and madison defense secretary basically gave the president's version where they said there's no smoking gun we don't know for sure and a lot of the senators were upset and said where is the cia director well she met in the second meeting that you alluded to but only with about ten key influential senators and the other senators a ticked off that they were included and what she told was a completely apparently different story because lindsey graham comes out and says all right there's no smoking gun but there's a smoking. saw reference to the fact that he was probably caught up in his in his

gruesome death and bob corker the head of the foreign relations committee also republican he made a statement saying that this is a no brainer that any jury would take thirty minutes and unanimously come back and find that the prince was involved so the intelligence they got from the cia director was much different than the meeting they had with the the secretary of defense and the secretary of state so that's that's the two meetings and that's why all the anger after the meeting with the cia director i mean we both know over each other comes off politically but quite frankly i've always thought even though i don't agree with a lot of lindsey graham's policies that that he's just a really amiable and level headed fellow tries to get things done for the good of the country and when he came out steve and said look if the democrats were in the white house and they did this we would say it was a ball and a cover up but it's his own administration its own republican administration and it's not just some of the people that secretary of state pompei oh it's actually

president trump himself and which it just begs. credulity from the president on this why do you think he can't just say look this is a big deal and it appears that the evidence points to the crown prince but we have important economic relations and so we are going to take some efforts whatever they are. and we're not going to but we're not going to stand for the killing of people but we want to keep our economic relationship with the saudis open they're an important ally in the middle east why do you think he just doesn't do that well when he issued his written statement a couple of weeks ago and he said that maybe the prince was involved and maybe the prince wasn't involved so he kind of did that but he talked about good and evil and that let me say it's a world is a dangerous place and he point painted iran as evil and i think that's a very important element here it's not only financial the. the military purchases

of hardware that saudis make oil but he he led the letter with the relationship the military relationship we have with the saudis and basically to counterbalance what he called the evil of iran who are involved in funding terrorism all over the world they have their hands in yemen they have their hands in with hezbollah in lebanon etc so i think that's his main concern they fit into his foreign relations strategy and he doesn't feel that they can afford to alienate them now he could very well have said what you said and still say but i don't think we should be doing anything rash because he we need them for the following reason so he could have prefaced it with what you said he didn't and now we'll see what the senate you know might or might not do and what they will do in congress so i wish you would have said exactly how you set it up to say like i said it you said it eloquently actually and because right now the sort of hit on the president is even more basic it's that he's avoiding a human right here in favor of defense contractors which is not you described that

you really parsed it fairly well and when you talk about the military relationship with the saudis you know one of the things they could do is say. that the u.s. is not going to have the role that we have been providing training and weapons in the fight in yemen which as you know the u.n. now says it's the worst human catastrophe going on over there so it seems like there's all sorts of actions but i wonder with this conflict steve between the administration particularly the president and the senate lindsey graham bob corker and others although senator corker is leaving at the end of the year but whether or not the senate may ultimately not just in the next little bit of time but here going forward take a divergent view and actually force the administration's hand on taking a policy position opposed to what the administration would like to do i mean i don't see that happening i mean they could pass they could pass bills and. laws and

. people in the senate now they're conflating the participation that we have with the defense contracts with the selling of weapons there that putting everything on the table and this senator says yes to that and no to that and i like that but i don't like that so i don't know if they'll ever get their act together there may be some kind of resolution binding or otherwise i find it hard to believe that they will take severe action although we've sanctioned seventeen saudi individuals european nations have a travel ban some twenty some odd nations a travel ban on eighteen saudi individuals and they've cut off in the european union some arms sales to the saudis but again i just don't see any big policy change they'll be a lot talked about especially when the democrats take over the house but i don't see any real change and you know i even hate moving to this but i have my views be known on the economic relationship is important between the u.s. and the south you're right sure oh absolutely i mean you know for the oil i mean i

know we produce more oil now and then we have in the anytime in the past so it's didn't seem to be as important but it's very important and you know we're talking about purchasing hard military hardware and parts of their etc and planes from people like boeing and others and that's a big deal and if that goes away it does hurt people it was our jobs yeah those are jobs so it's a very important relationship it's a two way relationship it really is i wish the president all the luck you know threading that needle is tough but he has not got it right in the center yet steve malzberg conservative commentator thank you so much my pleasure. time now for a quick break but hang here because when we return daniel britto is a few more headlines and melissa arm of the see over the stock solution helps us take a look at stocks going into twenty nineteen as we go to break here the numbers at the closing bell we'll be back in a flash. imagine

. six thirty five and you have a career ending career involves using your eyes in your computer and things like that in an office. perhaps you sort of getting going it's circular to have to stop doing all this and this is tell you lou the minutes must be from my world became smaller and smaller and smaller until i ended up learning it in a box. or out at a very strong magnetic field. in my head. it's like a real heart my skin burns and that wireless access point there just

continues on saying with our students in the schools. we are just continually are citizens in this microwave radiation it is certainly electro small and it's getting worse. the u.s. senate struggling rebuke saudi arabia over the shogi murder and calls for an end to the american involvement in the war on yemen is this a defining moment for this bilateral relationship will so-called values trump card political reality. well you know that they were kind of adopted because we were called for so long. i mean they're in this small ball and sniffed at a hard pool of chips and it's. not nothing.

the little self to be told fish already ninety percent of got any blown connor. concept fifteen scoops seventy five tons and they do it several times a day with a big fleet now you get an idea on why. we have to understand we can not stay still and just. be with them this will be used for you. i'm doing this because i want the future world to future generations to have and enjoy the ocean we have. with all make us manufacture consent to instant of public wealth. when the

ruling classes can protect themselves. when the final merry go round lifts only the one percent. we can all middle of the room signals. really mean real news is really. nice seven years doing drugs my nephews was still in drugs my sister just with doing drugs it was like an epidemic of drug abuse america's public enemy number one in the united states is drug abuse he started going after the users in the prison population sewer we started treating sick people people who are addicted to these drugs like criminals while i was on the hill. then the war on drugs was a mistake there are countless number. people who are in prison for.

a long sentence in this for whom our own are minor offenders in the drug trade it's a lot watching your children grow up in issue and wave and say by as you're walking out of this it's just it doesn't get easier. back.

then or will venerable german automaker volkswagen is leading a chorus of european automakers who are pushing back on the european union's updated plans for staving off the most disastrous effects of human caused climate change a master's from european union nations are expected to endorse the new greenhouse gas limits in brussels on wednesday the plans approved and forwarded by the european parliament would require new cars in two thousand and thirty to emit thirty seven point five percent less carbon dioxide both wygant had planned for a thirty percent reduction in that figure and says the new goals will require them to fast track production of electric vehicles and increase electric vehicle sales to forty percent of their total. french economy minister bruno the mayor says his government will begin collecting what has been dubbed a digital tax at the start of twenty nineteen the taxes on. so been called the g

eight tax an acronym for the names of tech giants google apple facebook and amazon the french government expects the tax to reap about five hundred million euros in government revenue and mr lemaire as announcement moves its implementation date forward from the previously announced march twenty ninth team the government of french president emmanuel micron previously pushed for the tax to be applied across the european union and speeding up france's plans to move ahead of other e.u. nations president macron seems eager to shed his image as a president of the rich and to shore french finances after range the recent promises made to so-called yellow vest protesters pushed projected french breads of budget deficits above the e.u.'s stated limit. and finally turning to the business of education and student debt the u.s. department of education says they will have to start over on a project to create a new software system to manage the payments of thirty five million borrowers

saddled with one point three trillion dollars in student debt the cancellation came after seven companies vying for project bid said the department's chosen process quote improperly created an unlevel playing field. meanwhile britain's office of national statistics or awareness has confirmed that major portions of that nation student debt burden will never be repaid the own us confirmed previous testimony to parliament that between forty and forty five percent of the current total of debt and interest cannot be paid by borrowers and should be written down as a loss the owner said this change would add twelve billion pounds of writing to government accounts for twenty eighteen. and we now move to talk about stocks and companies going forward into twenty nineteen to do so we are once again pleased to be joined by melissa armor the

c.e.o. of the starks wish so great to be with you in person the sign of good to see a happy holidays happy holidays so let's start with the one that's made so much progress in the last two years although this year's been a bit of a downer lately that's the tech sector what do you see going forward i know it's unfortunate because that sector started out the year really with a bang i mean when you look at the fact that i am is on head up over two thousand and twenty fifty was the previous high it's nowhere near that today and even netflix had a great year to even apple head over new highs all of these companies look so great i would say facebook probably had the worst year even if you look back in february facebook just fall off a cliff early in the year and never looked back it was that cambridge analytical scandal was the thing that really and then it just it was like a the energizer bunny right because more and more of them then in recent days they've been looking at it more memos that have been so great for mr zorra a lot of problems i think even more as more to come so when i take facebook down out of that sector when i look at the whole thing for performance of where it's

going so it's sort of an outlier again because there's so many things we don't even know and so many scandals about but facebook's not going away i don't know but it doesn't mean that it's the one something that you would consider investing in right now or buying you know what i'm saying so if you're looking at something strong. you say why are really want to get in the stock facebook technically speaking now isn't a down trend apple is still in an uptrend amazon even though they've fallen off the high still enough trend netflix is still in the trend so some of these companies even though they've dropped off and they're not near the highs they are still in up trends so facebook is not technically speaking that is and talk about one more question on facebook thank you for your patience on this but you know they always say buy the dips right but when do you know the dip has died and it's going to go back up how do you know that with facebook but i don't buy that this that's that's what everybody else says ok what you should say by momentum by the gap when you get something called a gap now for those people who don't know what a gap as i explained a gap is a difference between the close and the open the u.s. stock market closes at four o'clock eastern time i know opens at nine thirty in the morning so there's post market trading and there's pre-market trading and buying

when buying comes in in a big way after hours or in the morning that's what you want to look for in a stock and that's where you want to buy into that momentum or you want to sell into that momentum if something gaps down but in the case of facebook it would have to be just a massive gap up for me to ever be convinced that stocks that turn out i would definitely wouldn't buy any dip in anything right now the market's too uncertain going into two thousand and nineteen we're looking at all this volatility it's been happening in the last really the last couple of weeks this is like a fall and it's like a sign of what's going to happen in the two thousand one thousand two thousand and eighteen is going to be like a lamb compared to two thousand one thousand for the volatility so get to it this is what it is and if you're a person that it gets scared when you look at your portfolio and see a fall or a drop off even in stocks that are strong then you need to kind of get your head straight about it before two thousand and nineteen because expect more of this to happen and we've spoken about it before

a few weeks back about volatility particularly during this time of year when markets are thinner there's not as much liquidity because people are on vacation on holiday and so even some moves that might otherwise not move markets they can really. move markets so keeping an eye on the vix at the cboe the fear gauge as they call it is something important to watch speaking of which one of the things which has moved the vix in the two thousand and eighteen has been this whole interest rate idea we've seen interest rates increased but let me ask you when we talk about things that are impact sectors housing is going to be a big one autos to some extent but housing is the main one right how do you look at housing starts going forward in the twenty nine to one they may come back but with interest rates on the rise now people may be you know thinking the twice about purchasing a home right now not knowing where it's going now if you have on the horizon that you want to buy you might want to get in quick because you want to get in a lock in your rate before that before the prices go up that being said housing

stocks that some of them just reported recently in the last month and they haven't looked that great but they're being drug down by the market and everything else in the last two months so it's really hard to say that any of them are a buy right now but look for interest rates increase but still when you look at you know if you want to go out and get a thirty year mortgage interest rates are still relatively lower than what they were even you know say thirty years ago you can still afford to go out and buy a home but they're going to go up i mean i'm not saying we're going to get to a percentage and for a thirty year fixed but it's not out of the woods i mean we could it's not it's not going down and that's what i mean yeah i mean it's more likely that the rates will go up to over seven are close to six point seven five seven seven and a quarter that they would ever go back down to three and a half three point seven five again i remember you know a few years ago you could get thirty year fixed rate mortgage for like three point seven five you know crazy crazy stuff let's shift and talk about both manufacturing and i'll put this together agriculture because they're both really impacted by

a lot of the trade tensions that have been going on how do you think they're going to fare going forward in next year well specifically you know i mean it's just really all depends on what's going to happen with with everything which from the chinese president i just don't know if these things are going to get we saw. within this ninety day break of the interim period they still have tariffs on and it came out the other day peter navarro said oh we've taken in seven billion in tower of profits well that's a lot of money for the u.s. government to collect now everyone saying well yes but our consumers pain that when you go into a store think of it like this before you go in a store say you want to buy just a normal life that's not that big of a deal not a brand name so you want to go buy a light bulb so the light bulb costs ninety nine cents for a chinese made by paul and the american made light bulbs say a brand name that she would recognize maybe g.e. or something might cost a dollar ninety nine and you would normally sell them to get the ninety ninth center it's a light bulb now that chinese light bulb by cost one seventy five i don't know exactly just started out there as an example you say well i'm going to get the one that i know is a better one for twenty five more sense so what it's doing is that people are being

forced now to pay more to buy american which obviously is what one of the things that ran on to support american workers but then consumers are paying for this extra thing so what is it going to get resolved chinese people truly believe that americans can exist or ford to live without chinese products because they're so cheap so that's part of the reason why they're hanging on and they've made a lot of money as well selling things to us u.s. customers the matter what it's never going to equal china continues to raise the tariffs and us raises a terrace it's never going to meet because obviously there is more on our side than there is when there are sides you know what i'm saying and i know exactly what you're so my fact i'm smiling as you're talking about it because. i shouldn't say to admit it but i was at a dollar store not too long ago and i bought some detergent that was really cheap looked like tide and then once we got home and we washed our clothes and started breaking out with rashes and saw that was from a country which i will not name so you know jews there is

a distinction and there's a big difference here but if the price changes to your point melissa that really will make a difference in buying and i want to ask you generally and you've disagreed with me in the in the past and you may do it right now but i'm curious so i think the. a lot of this the trade tensions we're really going to start seeing that come up in the data when we see q one earnings reports that all the things for the holidays they were ordered back in may and june before a lot of these tariffs went into effect but when we get if we start seeing really negative or not good not as rosy earnings report you know in the beginning of the year after the first quarter rather i think that could really send markets on a downward spiral it's all overlapped so it's all overlap as ninety days is coming in the first quarter earnings season starts like towards the end of february and a big end of january into beginning of february when all of these things the big names up all of these companies start to report in that period right in the first

two months of the year so this is going to be an overlap one hundred percent so you know hurt could come in a hurry it could but again i'm still bullish long term in the market because i think the market's going to shake around a lot so even though we've been down we're going to have green day still so overall are we going to is it going to look like we might fall and break that down and break into a down trend yes but are we going to do it no i don't think that with the market overall is going to go from an up trying to with john trend unless we have some kind of world war which isn't without the realm of possibility something could happen like that i you know god forbid but other than that i'd say the market holds the uptrend could companies actual companies go into down trends like facebook could apple go from an upturn into a down trend with the batteries report yes it could so i don't know if that's one of the companies that's a big big watch right now because it is tied into china where they sell a lot of their products so i don't know what's going to happen next year i think

the market holds the trend but with individual companies you may see some of these very strong companies drop off doesn't mean are going to drop off or the end of time it just means temporarily it could happen until all of these things get resolved which the longer this trial is on and the longer it seems like it's going to take. and that's one of the reasons the market has been signing off and taking a dive because it scared we thought things were all why then but i mean the market did think things were resolved right after that summit and it had that big gap up but that didn't even last even twenty four hours and it was falling off a cliff it didn't saw a lot of volatility most are no c.e.o. the stocks was so interesting so insightful thank you for saying they could see it and all that i think. that's it for this time thanks for being on board we sure appreciate it you can catch boom bust on direct t.v. channel three twenty one dish network channel two a we're streaming twenty four seventh's at pluto t.v. that's a free t.v. channel one thirty two or as always hit us up at youtube dot com so i will bust our t.v. so long for now. to

. join me every week on the alex simon show and i'll be speaking to guest of the world of politics sports business i'm showbusiness i'll see if. you mentioned it again and this is thirty five if you have a but career. to clear involves using your eyes filling your computer and things that have been an office. perhaps you sort of get things and it says your kids. are going to have to stop doing this and this is tell you there must be for. my world

became smaller and smaller and smaller until i ended up winning it and a box. of very strong magnetic field on my head. think of it like a real hard time assured my skin burned. and that wireless access point there it's just continues on saying with our students in the schools. we are just continually baiting our citizens in this microwave radiation it is certainly electro smog and it's getting worse. you know world a big part of the lot and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the

time is now for watching closely watching the hawks. subscribe to read people who get. just twelve euros fifty per month for. the sentencing of donald trump's foreman national security advisor for lying to an f.b.i. investigation into alleged russian collusion is delayed once again we look at how his case is tainted by words like treason that's meddling. around one of the for.