brian brenberg is here. a lot of people are freaking. trade wars are never good. chinese are hitting the president on soy beans, planes and boths. >> today was fascinating. it dives 500 point, comes back 700 point. investors don't think we are at a trade war stage. we are at the negotiating stage. china has no deadline. the u.s. says six months from now. that's a very long time. i don't think we are at the trade war point. the watchers are saying that's right. the question is how quickly can we get to a deal. kennedy: what does a trade deal with china look like? we have big issues here, particularly with the intellectual property. >> you will see u.s. companies not having to enter into joint ventures to do business in china. and some of the licensing requirements in order to do business in chain ka and i think you will see china buy more semi conductors. it will be things like that the president can take back to his base. it's a deal they want 0 get to because the president can't take a stock market luke this the rest of the year. he has been running on stock mark

joining me is associate professor of economics at the king's college, brian brenberg. a professor, what grade would you give him? >> he did a lot better than the last time i saw him object stage. i don't know what was with that senator. i apologized. he played defense. he didn't get into a lot of trouble. that's all he wanted to do here. the real opportunity going forward is not to avoid regulation, it's to get regulation favorable to facebook. kennedy: this is crony i am at its finest. he'll take his billions of dollars that they want and need from him, and he'll help them craft these regulations which will be favorable to -- >> mark zuckerberg and facebook. do you think people on these panels will be able to effectively regulate facebook? the answer is absolutely not. they have no idea what they are doing. mark zuckerberg is waiting for them to get bored with this issue. there is a revolving door between washington, d.c. and silicon valley. kennedy: from both parties. don't fool yourself thinking it's just democrats who will benefit. >> regulation by the government i

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tomorrow congressman ken buck and brian brenberg. an epic collection. >> there was probably 250,000. breathtaking. you're just overtaken by the number of arrowheads. >> do you think it's worth $1 million? >> or does that miss the point? >> he said, "i think you'll do the right thing, and share it with the people." >> can the heir fulfill that final request... >> i didn't have the money. >> oh, that's an issue. >> but i had a plan. >> ...with one wacky angle? [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪

kings college and economic professor brian brenberg and benchmark managing kevin kelly. a lot of earnings to talk about. >> is earnings seasons as a pivotal one especially because everything is baked in. everybody expects 18% rise on earnings. they expect revenues of 5%. went to telling things as every sector is supposed to grow and that hasn't happened since 2014. companies better deliver this is the busiest week of earnings season. maria: it sure is. i want to point out amf reporting first-quarter results. they were okay, the numbers, but the real key here is one of the lines in the press release says we are seeing a slowdown in sales of smartphones, high-end smartphones. that means a.k.a. apple. we are looking at potential slowdown and apple is dan now situated as we cannot wall street sent to expecting this on apple. all of the apple suppliers are involved in this story. you really see what is to come in terms of the apple quarter. >> this is so interesting to think the way that apple has been writing for such a long time looks like it's coming to an end. this is a c

. >>> brian brenberg, kings college professor is here.profit, forgive me but the same old question. corporations are making a ton of money right now, in dollar terms it is astronomical! does it go higher still? >> we're really discounting the effect of the tax cut, that has been so underplayed here. we have so much room to run left in the tax cut. i see that fueling profits to the end. year. combined with getting things done on trade, taking away the nafta overhang, china overhang, i think you have big potential if you get rid of those things. a lot of room left to run here. taxes will be at the center of it. stuart: well, well, bren breather is fired up. -- brenberg. what does he have to say about facebook? you saw the results. extremely strong report. extra 70 million in the first three months. >> that is the number, 70 million new users. eyeballs are on facebook. as long as eyeballs are on facebook, advertisers pay them. they will make money. i've been informally polling my students since the whole cambridge analytica thing broke. they

brian brenberg is here to break down the business relationship next with a touch-screen.claritin and relief from symptoms caused by over 200 allergens. like those from buddy. because stuffed animals are clearly no substitute for real ones. feel the clarity and live claritin clear. janice, mom told me you bought a house. okay. [ buttons clicking ] [ camera shutter clicks ] so, now that you have a house, you can use homequote explorer. quiet. i'm blasting my quads. janice, look. i'm in a meeting. -janice, look. -[ chuckles ] -look, look. -i'm looking. it's easy. you just answer some simple questions online, and you get coverage options to choose from. you're ruining my workout. cycling is my passion. ♪ brian: media is revving up its criticism of president trump calling its latest comments about amazon and the u.s. post office bizarre and wrong. trump tweeting this. it is reported that the u.s. post office will lose $1.50 for each package delivered by amazon. this post office scam must stop. does the president have a point here? let's ask a guy good with numbers, associate p

first good ceo mike murphy and the king's college business and economics professor, brian brenberg.nversation has been fascinating and it will get more fascinating. dagen: will keep talking. south dakota senator mike rounds is here. post michelle malkin investigates. michelle malkin. the legendary salesman, sam moore, one of my favorite people on the planet and the host of "varney & company," stuart varney. you want to miss any of those fine people. onto the crisis in syria. a gas attack in syria has the world on high alert. like irving joins us now with the very latest. reporter: hi there, dig in. president trump with the latest assault inside syria described as a mindless chemical attack. it is believed more than 40 people were killed inside of dome after the horrifying gas attack and the president pointed a finger in the tweet writing, president putin, russia and iran are responsible for backing animal assad. big rights to pay. one year ago last april the president ordered a missile airstrike on a steering airstrip after bashar al-assad forces engaged in a chemical weapons attack

benchmark managing editor kevin kelly in economics professor brian brenberg. good morning. >> kevin wore one of those jumpsuits in this morning. dagen: and i would not shame you for that. but 2:00 in the morning it's covered over everything. >> is rainy, cold, warm. dagen: we've got good news heard you mention the netflix earnings. on the conference call essentially said we are facebook. i am paraphrasing, but that is the clear message and it's interesting how investors like you are trying to remove the facebook from the bank stocks. >> it's become a big overhang and we got news on facebook that from the university must in wisconsin saying upper half of the ad overplays, the politically divisive outcome and there's no paper trail of who did them and they can't find out. one sixth of those were tracked back to russia. it's interesting because facebook completely enabled the sin they know what's going on. it's probably going to happen again in the future. it's pretty telling, but on netflix $8 billion on new content. it's incredible. >> which goes back to disney

down fox business network dagen mcdowell, about king of college business economics professor brian brenberg great to see you. greet two hours. >> exxonmobil numbers hitting the tape right now, analysts expecting a profit of 1.12 a share the numbers hitting right now revenues currently better than estimate 62.6 billion dollars, the -- chevron down 1 3/4 percent earnings missing -- chevron to report later this hour watching exxon this is the dow component -- dow component on that is note chevron, and on is down one and 3 kwaerz percent one of the reasons lower dow industrials expected lower. >> joining us andy, good to see you numbers coming out what is your take on oil numbers? >> well, very surprising for exxonmobil caution they should be a big beneficiary of the higher oil prices as well as better refining marginalize first quarter i was looking for -- that in fact is not the case. maria: what is driving the earnings story or quarter at this point for exxon? >> well, i think you know they still need to get comforts under control. they had an issue, with national gas plant probably dragged

break it down fox business network dagen mcdowell kings college business economics professor brian brenbergi was just thinking we have covered everything from ge, to lance armstrong, there is this much news growing up i used to read paper five minutes. maria: a news today the stories that we're talking about everyone morning extraordinary moment in time it is. >> thinking what is going to happen with mccabe referral will you get something a big deal the question is will they do something with it that is a legitimate question right now, on one hand seems like why wouldn't you, but on the other hand, a lot of smart people are saying, this may go nor. >> we will nowhere. >> ig sends criminal referral to u.s.ens to office because he lied under oath. dagen: fbi prosecute you throw in you jail for felony they need to be held to same standard they need to be held to account. maria: we. dagen: american people deserve i know next guest will talk busiest deserve to know what was going on at fbi in 2016. maria: certainly feels a lot of abuse of power for sure joining the conversation to take about it

professor brian brenberg joins us now. always good to have you. such an important topic. you think about tomorrow morning and the reaction that will have in this markets. what do you think? >> you know, in the short term you might see markets drop just a little bit because of the instability. but if you look at history, what tends to be the case is marketing correct pretty quickly, get back on track. these tends to be things that don't affect markets over the long term because they're limited. the administration has been clear talking about the limited precision of the strike here. they're trying to do one thing in particular. not trying to create a big conflict and that's what markets get a lot of comfort out of. >>> we've been entangled in the middle east because of if oil. and you say that's changed. >> a decade or two ago the issue going on with anything in syria or the middle east would have been oil. but today the u.s. is producing so much more oil than we did a decade ago, that issue is neutralized. when the world gets nervous about oil, the u.s. can step up and me

. >> brian brenberg. messages. >> senator elizabeth warren apologizing for america's foreign policy. >>> bracing for impact, a chinese aircraft hurling towards earth today. our next guest says those in the path should get a spectacular show in the sky. we'll be watching. . >>> a chinese spacecraft is hurdles toward earth expecting to make impact today or tomorrow. >> is it all an april fool's joke? here with it all is clayton anderson. great to have you with us. happy easter. >> thank, happy easter to you guys. >> so the big question a lot of people are wondering is should they be worried about this? could this land somewhere near you? >> well, the odds are pretty astronomical that it will not. but i think if people are in the right place on the planet and get the right opportunity, they might see a pretty nice sight in the sky. >> so walk people through what this is. >> well, the chinese space station, which was launched a couple of years ago, is kind of out of control. they can't -- don't have the abili