and with me is rick tyler.immigrant loving, hybrid driving, composting american makes the case for conservatism." both of you, welcome this morning. jennifer, i'm really dumfounded. according to our reporting at nbc, ten republican senators have acknowledged joe biden's win, 15 members of congress in total according to reporting from the washington post have acknowledged joe biden's win. this isn't -- this isn't partisan stuff. donald trump is unhinged right now, and at some point if anybody ever wants to see another republican party in the future or talk to their children or grandchildren about being a republican, things have got to change. >> one would think so. this is a display of abject cowardness. none of these people believe his craziness. do we think marco rubio is unaware that joe biden had a very clear-cut victory? i don't think so. and what we're seeing right now is that these people are afraid of donald trump. they're afraid of their own base and this is how they think they're going to get by. and s

. >>> i want to turn to political analyst rick tyler. ck, president trump's delay in signing the stimulus and relief bill caused chaos over the holidays for millions of americans. i want to ask you the same question. what was the point? >> well, there was no point other than to disrupt and express anger and revenge over the republicans in the congress. particularly mitch mcconnell, who has acknowledged the obvious that vice president biden is president-elect biden. he wanted to cause chaos. in the end, he signed it. i'm not sure that the stimulus portion of the bill is actually the real or the big story here. the stimulus bill repurpose d about $429 million from the cares act. so half that money of the $900 million was reallocated or repurposed. and it's going to be put to good use. that was the thing. but the thing is whether you're on the verge of homelessness or closing on your second home, you'll get the same $600. it wasn't particularly targeted. but the other part of the bill represents something much deeper. many fiscal conservativ

let me bring in rick tyler, rick a republican strategist and msnbc political analyst, as well as author we are in an even worse situation in this pandemic than we were months ago. what do you make of this latest move in georgia? do you buy the fact that they just can't get enough people to work? >> no. i think it's an obvious attempt to keep fewer people from accessing the polls. georgia has already embarrassed itself more than once, but they did certify this election three times for joe biden. you'd think they'd want to do everything precisely correct to maintain their reputation. that's what they're trying to preserve here is their reputation, that this is a free and fair election and that the governor and the secretary of state who have both chastised the president for calling out -- for undermining the election, which could lead to violence and danger. but let's get something straight. the governor and the secretary of state seem to only have called out the president when it affected them personally, and that's the message the republican party needs to understand, is all the republi

. >>> joining us now, rick tyler a republican strategist.e former ceo of the democratic national convention. good morning to both of you. happy you're here. jess, i want to start with you. pig piggybacking off of what deepa said. suggesting a stimulus bill is on the way. what kind of position is he in here? and say the president does not sign the covid relief, government funding bill. it doesn't look like the payment that the house is going to vote on has support from the senate. jan 20th, after the pomp and circumstance, what is the course of action? >> well, before we get to the first course of action, we don't want to give up on donald trump signing right now. this is a first step that is needed for millions of americans all over the country. donald trump has run his presidency like a bad reality tv show desperate for rating. if he wants a good review, he has to sign this thing. president-elect joe biden is going to have to negotiate and deal with republicans. republicans will have to decide, do they want to work together to be a party th

and rick tyler, msnbc, and co-founder of foundry strategies.00 milli$200 million. impressive? since the election day, going towards trump's new political action committee, that money. what do you make of it? >> i think this is really, the republicans, as i call them, trumplicans, gearing up for 2024. it's obvious. i don't think we're necessarily done with the ideology that trump has brought to the republican party. and i think that's what they're raising money for. it definitely sounds like some sort of fraud or the money going anywhere. this is a gear up for a fight in 2024. i don't think we're done with the trumps. i really feel that in the next four to eight years, we're going to see one of the trump children try to run for president during that time. >> well, they are trying to find a home. you had rumors about don jr. trying to be president of the nra and ivanka has been making a lot of noise lately. rick, 200 million is very impressive for this campaign. but they've raised over $1 billion and lost it in a matter of years. what do you get

hi, rick do you do vaccines, rick >> hi, tyler yes, yes oh, i tell you what, flu vaccine, coronavirus, count me in whenever it comes to a walgreens near me. if you look at the intr day of tens tell you everything you need to know yes we did not have 885,000 and not a good number for initial jobless claims and a three-month high the markets reflected that but did a u-turn if you look at the two day of tens you can see where pacman the resistance were munching at the resistance in the mid '90s and looks like it is popping over 1%. right now it is contained. yield curve hovering just under 81 basis points and charts going back to october 2017 virtually the widest it has been in three years dollar index since the beginning of november as you see in this chart, down 4.5% and, finally, whether it's the pound versus dollar or euro versus dollar, you can see they're both accelerating against the green back tyler, back to you >> all right, rick, thank you very much. >>> and fedex reports results after the bell today the stock has more than tripled from its march low we know the company is goin

rick. >> hi, tyler maybe a two-week chart is best for ten. this chart you see how many times we tested that mid 90s, 94, 95 base points, here's what's interesting. if you look at the all-time low yield close, july 2016, right around 1.36%, can you see we've never come close of course to coming up to those old lows. now 1%, we can't even quite make it there i guess perspective is needed as these yields remain so historically low let's look at the investment grade and high yield etf on one chart since march. what's fascinating is how solid it's been. the fed backstop on corporate buyback programs, there's much nervousness about that the dollar index, how strong it's come out of the box today the reality is on thursday, a fresh 31-month low close and we have moved up just a bit, but all things considered, this is a mostly end of the year adjustment, not the beginning of any serious buying >> thank you very much over the past six months, chich stocks have soared, up 40% but intel down 23% as microsoft, apple and amazon plan to make their own chip

. >> thank you let's go to rick santelli in chicago for a check on bonds hi, rick >> hi, tyler definitely we are seeing movement in treasuries as everybody has been discussing. let's go along the yield curve you see 2s, hovering at 12 basis points not a lot of volatility. the longer maturity, more volatility 91 basis points pre-fed statement, and that's the high water yield mark 165 we started at with regard to 30-year bonds. hovering close to 169. even the dollar index has managed to do a little trading above settlement that's not really a big deal considering they're still virtually at 31-month lows consider this, every orchestra has a conductor. every baseball game has an umpire you the umpires and conductors do not control the music or the game they're there to help guide to the long which is what the fed has done the discussion about the fed and the market, i understand, it has a big thumb on a small scale right now. in the end, we should remember a lot of issues from the credit crisis the main issue is, the fed, like many of us, has no idea how hot the market may get, how hot inflat

. >>> to the bond market where rick santelli tracks the action for hi, tyler, we are looking yields sliptra day down probably because we have jobs reports tomorrow and jobs have been trending lower. if you open it up to one month, we fail to get up above that 96 close on the 10th of november. one week of the dollar index shows us clearly we below yesterday's lows every session one month of the pound and euro versus dollar, you can see all the majors doing better against the greenback. kelly, back to you >> we are watching that one like a hawk thank you so much, rick santelli >> bitcoin is hanging in around $19,000, but something very different this time. we'll tell you who has been buying and who is taking notice. plus, boeing is hoping to reclaim its old highs. still a long way to go but a big step taken today it's up 7% we'll explain when "power lunch" we'll explain when "power lunch" returns. we'll explain when "power lunch" returns. so do telcos. that's why they're going hybrid with ibm. a hybrid cloud approach with watson ai helps them roll out new innovations anywhere without losin

saying the league is prepared to change its schedule tyler, back to you >> thank you very much, eric chemi reporting. next up on "power lunch," rickuso will join us to discuss the california shutdown and how his properties are faring. i'll join rahel solomon after this quick break it's been a tough year. and now with q4 wrapping up, the north pole has to be feeling the heat. it's okay santa, let's workflow it. workflow it...? -uh-huh. just picture it... with the now platform, we'll have the company you always imagined. efficient, productive, seamless. ok, i'm in. whatever your business is facing... let's workflow it. servicenow. >>> good afternoon, everyone welcome to "power lunch." here is what is on the menu today. nasdaq mihitting a record high,a the tech trade dominates, apple driving the gain is this as good as it gets for growth stocks. and as two vaccines are being rolled out, california shutdowns are rocking the golden state during what's supposed to be the busiest season for

rick santelli is tracking the action at the cme. tell us why. what's next? >> you remember that old get smart series 99 in we are up to 99 virtually, tyler.tion over even as it sits now, at .97, you are up six on the day. a baker's dozen of 13 basis points on the week and 30 years need to get above 1.74 and tens only need to get above 96 to take out their november highs. look at the two day chart of tens you can see how we have launched if you look at these charts going back for the early part of november you can see what i am talking about. we are basically above that 96 close from the 10th of november. we need to see how that will be in the next couple of hours. if you close above there, we are probably playing in the 1% plus play ground next week. if you open the chart up to march you can see what tyler is talking about. if it closes here it would be the highest close since early march. the $1 intex, there is a lot of gold in that chart every day we traded below the previous day's lows. it has been a nasty couple of weeks for the dollar index how nasty? let's start at april, 2018 the dollar at the lowest several since then the euro ver

tyler, that we're going to have travel and leisure come back. that will help boeing and their ecosystem. there are a lot of pluses. clearly what rick talked about is you need an element of support for a certain part of the population particularly if you're dealing in restaurants, if you're small businesses that has to be forthcoming it will be a great christmas present if the politicians can get their act together stepping back, we need an infrastructure bill. we had a conference on the vendors to boeing and airbus but we also had one with pump valley motors and the civil engineers come in and they pointed out that our bridges, 500,000 plus in the united states, 40% have d-minus to d-plus ratings. we need inland waterway. we need bridges. finally, we hope to get some visibility with the current administration, the new administration coming in, and that's going to be very helpful to infrastructure and then we have to worry about the climate. wind, solar, battery storage, transmission a lot of pluses. clearly we need support for the working person who has not got a job on the short term with regard to leisure-related businesses >> an

tyler. >> mr. gross is quite a golfer maybe he could build a golf net and he can hit out into the pacific. thanks rahel. >>> to the bond market we go rick santelli tracking the action at the cme. rick >> everybody loves the gilligan's theme song. if you look at the intradays of 10s, we're in the mid-90s. up three basis points. why is this such a critical area we keep testing it but not going through. open the chart up to november 1st and you'll see it was the december 4th high yield close around 97 basis points but if you look at that same time increment, 30-year bonds not the same unlike 10s, the higher the yield -- the yield that's higher than the december yield is 174 in november. so, those are the levels on a closing basis 97 and 174, those are breakout closes now, if we look at what's going on with the yield curve, wow, almost 84 basis points, 10 to 2s, steepest since halloween of 2017 and all the curves are steeper because the long ends leading with higher rates. finally, april 2018 of the dollar index, even with the small bounce today, we're trading just three-quarters to two-thirds of a cent above a 31-month close established in

hernandez, rick berger, jenny wright, adam barker, adam patrole, brad patu, jason potter, katie sutton, eric trader, t.c. welcomes, otis winkler, gwenth bullwright, kenny magis, debbie sharello, tylerwilkeerson, john bryant, griffin cannon, care lynne m -- caroline muchoki, brittany amadore and germy scoafield. they have performed long and -- jeremy scoafield. they have performed long and hard hours. more goes into this bill than at any time year round. i preachate so much, the hard work that's gone on -- i appreciate it so much, the hard work that's gone on there. if we don't pass it, we won't be able to provide them the safety and equipment -- we want to get to the point where we have the very best of everything out there and right now we don't. we're not -- china and russia are knocking at our door. we have to do a better job than we have in the past and i'm going to be working with the administration to do everything we can in the coming year. but right now we need to get caught up and go ahead and pass. this bill is the road map for the next year and that's why this is important. so i encourage all of us to do what we have to do to get this bill done, hopefully today but defin