more than 230 etf or including facebook or holding is 5% of the etf's holdings let's talk with david nelsonint we're trying to make, some people are out there, facebook, i hate facebook, cat story, who cares but facebook is a massively important story for the overall market because of its weighting in etfs, is it not >> it is and big data is big money. it's not just facebook's business model this is google's business model. really any internet company that is processing big data this is a big part of the story. the investors are looking is this business model going to change is regulation going to step in because if it does you have to deal with it >> the big hedge funds have to put out we call did whale watching here. we go through them every hedge fund owns the same five, apple, facebook, that's what it takes to make millions that's a different story but the point is, if they start to sell, what's going to happen? >> obviously, they go down >> what about the overall market >> the overall market, look the sector is a pretty big sector for the u.s. economy and the market as a whole. it's th

bringing in our panel david nelson. and john and greg mcbride. john, maybe a grade for john powell's first time at bat? and what do you think? >> i am taking the easy way out, and say he got a pass as opposed to a fail, the market took what he said in stride. there were no major flubs, when janet yellen had her conference she kind of messed up by giving more detail than she intended on how much the fed intended to go. i think sh he did all right, wel see. most important thing we got out of this meet is that fed is looking at a more aggressive pooghpath of interest rate incrs it will take the markets a couple of days to digest that. charles: greg, so-called dot plot split down middle with respect to we get that aggressiveness this year, powell did talk or they suggested there could be or aggressive after like in 2019, he went to great length in high mind to saying more long-term stuff congress change. >> absolutely, the fed is just you know real counter projecting if not guessing down the road that far, as janet yellen said over and over, fed poli

specifically, they're going to want to know everything they can about trish regan, adam johnson, and david nelson. >> yeah. trish: so they can target those ads. i don't know if anyone of us can okay with that. >> big date at that is money. this is not -- >> that is one sided. >> they have the data. for mark zuckerberg not agreeing to appear. he has aspirations for something after facebook. he appeared almost campaign style. you don't look good in front of a congress. looking like a ceo of a olive oil company. that is not going to cut it. people want some answers. i think there will be some solutions. i was wrong last week i thought with the genie out of the model this business model wouldn't change. obviously it will change. regulations will change it. trish: you're right, the news feed being fake. our information being compromised, you think there is a way for them to fix this so their quote-unquote users you wouldn't even call them that, would actually have skin in the game? >> i cut a video and posted on facebook and twitter. it got a little bit of traction. stop calling us users for starters,

i want to bring in bellpointe chief strategist david nelson on set and kingsview asset management cio scott martin. thanks for being with us. i usually have you on the mornings together. we'll start with facebook but also let's talk about trade. there are of course concerns with the aluminum tariffs there is trade war erupting in particular with europeans. there is a lot of backstory talk about that among analysts today. >> that is certainly part of it. peter navarro is the architect of this and i certainly agree with a lot of things peter is talking about here. china is the big kahuna. clearly a problem. it is egregious. we have 375 billion-dollar trade deficit, like it or not the trade deficit is a transfer of wealth. the administration wants to do something. tie it in with news on a facebook. up a vicious news cycle starting off this week. not surprising tech is down the most. it is up the most. that is where the gains are that people sell first. cheryl: trade is one thing, but we'll get to the fed in a second, scott. issue of technology is affecting all the stocks. parent of alpha

joining me, ned ryun, david nelson, and erin gibbs. before i get to the wall street experts, let me talk to you on the political side. what we have seen recently is higher poll numbers for president trump and congress. i have got to believe the numbers are starting to reflect main street. >> i think they are. this is the case republicans need to make in 2018. the very reason donald trump was elected president of the united states. the notion he's a businessman, he can correct things and make them work. the revised fourth quarter went up. that meant the first three full quarters of the trump presidency is a 3.1% growth point. it well out races all of the laughing the obama administration was doing when he suggested this would happen. larry summers said it was a tooth fairy belief. charles: i can't believe you brought up larry summers. today he resigned from lending club? the stock is off 4%. the genius that criticized everything trump has done was on the board of directors much a company down 87%. >> this is the message republicans have

john burnett and david nelson. we started to talk about how great things are.ll street there are certain signals flashing a recession. >> the great theft risk is a policy mistake by the federal reserve. they are talking about three possibly four hikes. and i just don't see it. charles: i am in the market, i have a 401k. why is this, what is the magic thing here? because historically it's accurate? >> it doesn't guarantee there is a recession. add to that, europe is weak right now. europe gdp the estimates are starting to cut there. we are doing great, but i think they are struggling. >> the yield curve. wall street is raising red flags. to what degree should the average investor be involved. >> i think that's much more monk manageable than a lot of other threats with respect to national security. that makes the market uneasy. especially the fact that russia launched a ballistic missile. if we have to worry about russia, north korea, antigen middle east issues, that would make the market unsettled. charles: 800,000 people back, i think the estimate is pretty low

david nelson will give us this day. remember the short order robot flippy, he's now taking a break.e were explaining outline. you are watching the "fbn:am." ♪ it can detect a threat using ai, and respond 60 times faster. it lets you know where your data lives, down to the very server. it keeps your insights from prying eyes, so they're used by no one else but you. it is... the cloud. the ibm cloud. the cloud that's designed for your data. ai ready. secure to the core. the ibm cloud is the cloud for smarter business. lauren: good morning. welcome back his surface on fox news president trump spoke of a special counsel robert mueller's pro-with witnesses after they get interviewed by investigators. the president reportedly asked chief of staff how his testimony went although the source has nothing of substance was discussed. "the new york times" reported trump told me that the white house should deny the report that he wanted to fireballer. british police now say the former russian spy and his daughter were poisoned by a nerve agent raising could certainly scrub all in his daughter, yo

requester is riva, llc, represented by david nelson, 2712 broadway on behalf of the property owners. constructed house east of the subject property. concerns with the project are as follows. that the rear portion of the subject house's first story already encroaches into the required rear yard. that the addition would create an east facing wall that is monolithic in scale, and the addition and the roof deck above will negatively affect light, air and privacy for the d.r. requesters property. residential design advisory team concluded that the proposed addition would create massing that is comparable in-depth and height to the massing of the adjacent houses and that no exceptional or extraordinary conditions are created by the project. the planning department recommends that the commission not take d.r. and approve the project as proposed. that concludes my presentation. >> thank you, d.r. requester. >> christine way, and i represent the d.r. requester. we have reached a compromise, and we would like to present that to the commission and have that be sort of the result of the d.r. >>

david nelson, chief strategists, sean ohara, good morning, gentlemen, what a day.start with you, sean, what exactly is affecting the markets today because it seems like there's a perfect storm of events? >> i think it's a combination of things, i think that the ongoing political turmoil between trump administration and the -- and mueller combined with the budget that seems, you know, out of control, $1.3 trillion spending bill that gets signed last night. that's weighing on the markets, facebook story, anemic story and i think part of it is just normal cycle stuff, i mean, stock markets go through corrections, this is a correction. i think we all felt really great when the correction lasted only six days but that's not really what is a normal correction looks like. they usually last longer than that. those that we think the lows before the correction is actually over. lauren: a lot of people like to say that the economies are strong, can stocks selloff when economy and earnings are strong, obviously, yes, that's what we are seeing right now but how far can they --

paul ryan acknowledged not in favor of the tariffs the way they have been proposed blatantly to david nelson's, we know negotiations are going to be underway, people are back to the table talking once again. that ultimately is a good thing. trish: i have to tell you, i've been very troubled by this economy we've been in really for the last decade where the middle class -- >> flat-lined. we've been at a stall for at least 10 years. >> i look, for example, the trade imbalances we have. you know, hate to say it, they kind of coincide with the stagnant income. >> this is are with trump is right. even warren buffett, a noted democrat, would tell you that large trade deficits are transfer of wealth. we've been doing it to the tune of half a trillion a year. can we take one thing off the table? trump can't start a trade war. we've been in one for three decade. trish: yeah, but we're on the losing end of that one. we'll see how it all plays out. market up 38. good to see you guys. we're back with more after this. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfoli

i'm joined by david nelson, chief strategist at bell point. what do we make of this?nd of noise right now. heavy news cycle today. rex tillerson gave a speech, i thought he went out as a class act. trish: indeed. >> he didn't answer questions, he knew they were going to trash it and take it to the gutter. that was great. the market drifted down during all that speech, and trying to digest this. not going to make much of it. trish: i don't think it's much either, we have an hour to go. who knows, right? >> yeah, we could turn this around, yields are down a little bit. trish: i know that troubles you a little bit. >> a little bit. like to see them march higher at a measured pace. a goldilocks number on friday and the buying never stopped and the last couple of days milling around. trish: yeah, well, you know, that's what the bond market is doing too, right? >> stocks don't go up 300 points every day of the week, unfortunately. i wish i could make that happen. trish: david, good to see you. what a news day, between rex tillerson, the vote in pennsylvania, my goodness, on

david: but mr. nelsons more than just we can laugh about it there are some extraordinarily crazy things about this but there are real consequences and the main one being are dangerous criminals being let out on the street by this state sanctuary law? >> 100% and i have the data to prove it. the opponents want to claim that that's not happening but those are just not the facts and it's not too difficult to prove otherwise. david: well isn't your primary responsibility of any government official to protect the citizens and if a law is interfering with the protection of citizens, it's clearly a bad law, if not something that should just be thrown off the books. >> well it's not only a bad law in this case, it's unconstitutional to prevent law enforcement officers from appropriately communicating with the right federal authorities. david: so why are you following an unconstitutional law? >> well for right now, what we're doing is the sheriff has a work-around but the challenge that we're in is our deputies are

i would like to have senator nelson introduce david as well as fred guttenberg, and other colleagues introducing witnesses from their state as well. we will hear first from david hogg, who is on the screen. david is 17 years old. he's a student at marjorie stoneman douglas high school. he's a survivor of the february shooting that was just three weeks from today. since then, he has become an avid advocate for gun violence prevention. david and his fellow classmates have taken this movement and made it the number one issue that they are talking about nationally. of andavid was the target , and thatiracy conspiracy came from the far let them stopnot him from continuing to speak out on the need for legislation that prevents gun violence from taking more lives. david, i have met with so many of the students such as david, .nd they are really impressive next, we will hear from fred guttenberg. he is standing, because fred cannot talk about this sitting down, because fred tragically lost his daughter jamie at the high school shooting. fred, on behalf of all of our colleagues, you know how

i'd like to ask senator nelson to introduce david and us as wel as fred and then other colleagues, introducing witnesses from their state as well. >> we are going to hear first from david hogg who there is on the screen. david is 17 years old, he is a student at marjory stoneman douglas high school. he is a survivor of the february february 14th shooting that was just three weeks from today. since then, he has become an avid advocate for gun violence prevention. david and his fellow classmates have taken the movement and made it the number one issue they're talking about nationally. while david was the target of an ugly conspiracy, he and that conspiracy came from the father right he has not let them stop him from continuing to speak out on the need for legislation that prevents gun violence from taking more lives. david, i have met with so many of the students such as david, and they are really impressive. next we're going to hear from fred guttenberg and fred is standing because fred can out in talk about this sitting down. because fred tragically lost his daughter, jaime, he high school sho

rebecca nelson and ruth cake are talking about this dad... davidry sheriff's deputies say timothy james kottler tried to lure henry's daughter into a pontiac grand prix as she was walking home from her middle school in this santa rosa neighborhood.david henry. "he said do i know you? do i recognize you from the market? and she said no. henry says his daughter stayed strong keeping her distance from the man. henry. he had his door open, he said his window was broken, fortunately, an att technician was in the area and walked over, and the man drove away and waived.they got a license plate, turned it over to sonoma county sheriff's deputies who arrested kottler on an annoying or molesting a victim under 18 offense. but several hours after his arrest, kottler was let out of jail on bail. with the department issuing a warning saying he could be a possible threat to the community. henry. frustrated? very. they said if he touched, then locked up, but he didn't so out, and that is still not right. henry decided to distribute these flyers. he is very glad h

rebecca nelson and ruth cake are talking about this dad... davidff's deputies say timothy james kottler tried to lure henry's daughter into a pontiac grand prix as she was walking home from her middle school in this santa rosa neighborhood.david henry. "he said do i know you? do i recognize you from the market? and she said no. henry says his daughter stayed strong keeping her distance from the man. henry. he had his door open, he said his window was broken, fortunately, an att technician was in the area and walked over, and the man drove away and waived.they got a license plate, turned it over to sonoma county sheriff's deputies who arrested kottler on an annoying or molesting a victim under 18 offense. but several hours after his arrest, kottler was let out of jail on bail. with the department issuing a department issuing a warning saying he could be a possible threat to the community. henry. frustrated? very. they said if he touched, then locked up, but he didn't so out, and that is still not right. henry decided to distribute these flyers. he i

rebecca nelson and ruth cake are talking about this dad... davidties say timothy james kottler tried to lure henry's daughter into a pontiac grand prix as she was walking home from her middle school in this santa rosa neighborhood.david henry. "he said do i know you? do i recognize you from the market? and she said no. henry says his daughter stayed strong keeping her distance from the man. henry. he had his door open, he said his window was broken, fortunately, an att technician was in the area and walked over, and the man drove away and waived.they got a license plate, turned it over to sonoma county sheriff's deputies who arrested kottler on an annoying or molesting a victim under 18 offense. but several hours after his arrest, kottler was let out of jail on bail. with the department issuing a warning saying he could be a possible threat to the community. henry. frustrated? very. they said if he touched, then locked up, but he didn't so out, and that is still not right. henry decided to distribute these flyers. he is very glad his daugher his sa

nelson and other members of the committee. thank you for the opportunity to be here. i'm david mayer. north america's largers transportation authority. prior to joining the mta, i spent 23 years with the national transportation safety board and from 2009 to 2014 i was managing director, the senior career official there. i brought my two decades of experience in transportation safety as part of ushering in a renewed safety focus across the mta. the mta's two railroads, the metro north railroad and long island railroad, calls for us to meet all statutory requirements by the end of 2018. and while there are significant risks and challenges to our schedule, the mta is working diligently to implement ptc in a safe, incremental and controlled rollout. our railroads are confident they will continue to run safely while ptc is implemented. we're the nation's busiest, our railroads provide nearly 588,000 weekday trips, during peak periods we dispatch trains every 90 seconds. we have made significant progress in developing, testing, purchasing and installing ptc. we have embraced the challenges