charlie gasparino on the fallout from all this, the president is still running for reelection.ly as good as my sources. i wanted to preface this. every wall street firm has a government affairs department who are paid to figure out what's going on in washington and usually pretty good at it. they have the right access to the white house. i spoke with several people in those departments, here's the general consensus that president biden is not going to be the nominee, whether that is actually going to happen or not, the president as president is incredibly powerful. a sitting president, his the head of the party. he has to agree to step down but yesterday, wasn't just a report that has people freaked out, it was his handling of it in the press conference which was very unsteady. this is not wall street, this is wall street calling its sources and democratic party which are high level people and people saying this is not working. take that for what it is worth. you and i have been covering this daily, that rumors about him stepping down and giving it to michelle obama or whatever

charlie gasparino saying this is a broader movement among donors.ng pretty dire for nikki haley. wouldn't you agree? >> absolutely. don't know why she is in the race. donald trump has it under control. she will get blown out in michigan i suspect today. i'm thrilled to have the koches moving their money to the senate. time for the republicans to have control of the united states senate. ashley: let me change subjects to what i heard president biden say to seth meyers. he started making fun of donald trump's age when the age issue came up. not a good strategy in my opinion because trump is 7778 in june, he is still fairly dynamic. the complete opposite to president biden. what say you? >> the reality is most americans, i hear the polling and arguments, who said donald trump and president biden are too old to run, they were both in high school at the same time. to your point i think president biden has delivered. i think most rational people would say he's gotten the economy back on the right track, 15 million new jobs, stock market the highest it has

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we shall take your advice, charlie gasparino, thank you very much.this very point yesterday was tanking, the u.s. dollar was charging to a fresh three-month high against the pound in the united kingdom, the euro, and the chinese yuan. the euro is down about one and, let's see 2.8% so far this year and you can see the pound is down 1 1/3%, chinese yuan is down 1.25% against the greenback. guess what? if you look how the u.s. dollar affects equities that can be a good deal especially as the greenback strengthens. joining us somebody who looks at it all the time, bob custer with, 4.7 billion in assets under advisement. wolfgang, the greenback is taking a pause, no big deal but the gains are expected to continue and it is pretty clear people are looking at the inflationary strength we saw yesterday as dollar positive. what does that mean for equities? explain that relationship if you could and which names would be best poised to gain from that and which ones can be hurt by it? >> absolutely. when you have currencies going down and companies that get reve

liz: thank you very much, charlie gasparino. closing bell 3 1/2 minutes away.-day winning streak. the nasdaq is lower by 48 point. russell up 36. volatility index is popping 7%. on friday we were talking about how volatility may start to return to the markets at the moment. right now we're almost at 14. so we're 13.91 at the moment. >>> inflation at the consumer level well we're going to get that latest read tomorrow, 8:30 a.m. eastern time. year-over-year price growth is expected to slow2.9% in january. that would be down from 3.4% in december. what to buy ahead of the january cpi and by the way the core, is the number one important part of it, right, kevin? up .3 of a percent is the expectation. joining me with his picks ahead of that report, washington crossing advisor, senior portfolio manager kevin curran. he has nine 1/2 billion dollars in assets under management. give us your three names, people have 2 1/2 minutes left at least in the regular market to purchase these, kevin? >> tomorrow you have the cpi and the sticky part of the cpi has been the service

charlie gasparino.an early spring. if you believe any of that nonsense. all right. meanwhile, how countdown closer predicts the s&p 500 is going to touch 5,000 by tend of the year. i mean -- by the end of the year. look where it is right now, 4964. will invest if ors see that number? joining me now, bank of america's securities ahead of u.s. equity and quantitative strategy, savida. it's great to have you. >> hi, liz. great to be here. liz: well, or it's not far off. [laughter] >> it's not a really bold call. liz: looking at a record right now. >> yes. yes, yes. liz: okay, so -- >> look, when we launched our year-ahead forecast, it was very bullish, and the market just did everything in the if next month or two. so here we are, we're sitting here at all-time highs on the s&p 500. you know, the leadership has been surprisingly similar to last year. it's been these magnificent seven mega-cap it can companies. but i think what happens from here is a broadening in the market. so i think we start to see, you

charlie gasparino has been following that. what does this mean?go ahead, collateralize whatever you're going to do, but time is wasting to do it. it's easier said than done, isn't it? >> yeah. people in the trump organization, i've been speaking to, say that they got the means. they have cash and properties at hand that could make basi basically -- post the bond that they would have to post. i'm not sure how that gets done. i haven't gotten a straight answer on that. do they have to put down 10% or whatever. it's really all over the place. they believe -- >> neil: we're told the whole amount. that is -- >> i heard that, too. >> neil: so how -- if that's the case, you know, he was quietly selling or offering properties prior to this. so maybe you know something about that. but it's still a lot of money to come up with in a short amount of time. >> they do have the properties. they have doral. that could be on the list. they don't want to do that. that's on the list. i asked them. they were unspecified on the number of properties. they say they have

joining us with the latest, charlie gasparino. >> let me clarify, i don't think warner brothers was everthe show 100 times. zaslav, the david zaslav, the head of warner brothers/discovery,. liz: kicked tires. >> i'm sure he signed an nda. we reported that he was not in deal mode. it was kind of official t was probably official weeks and weeks ago. we should point out weeks and weeks ago red bird, not really red bird, essentially skydance, right? keith ellison's firm, larry ellison's firm is, and redbird has a major take in that firm, okay? they're the ones that's going to lead the buyout of this thing as least from what i understand. that is what they're negotiating. they are, what i understand for weeks. liz: david ellison. >> david ellison, i'm sorry, the lead bidder on paramount. and what they are going -- the way i understand it is this, they're going to buy shari redstone's stake, okay? whatever that is, three billion, two billion, whatever it is, okay, or maybe more. they're going to pay off the common shareholders who will sue because they get screwed in this is structured. the ma

charlie gasparino. >> the journal reported what most people know.et. they reported stuff about drug use. by the way i have not confirmed and nor do i go there. i will say this as someone who covered this stuff, elon musk would not be the first ceo to pack the board with his friends, cronies and people who liked him. i remember, maybe this is not a great analogy, lehman brother's board was not exactly the greatest. they had an actress on there. they had a producer. it was crazy stuff. like a camposser. it was just a lot of -- liz: friends, fob, friends of the board chair. >> he wouldn't be the first. the real question is if the nasdaq, it trades on the nasdaq and i have asked -- liz: lists. >> lists, trades everywhere but lists on the nasdaq. has to meet the listing requirements the way the securities markets work. if nasdaq came to something like musk, you're out where would the stock be? liz: it would go way down but nasdaq rules are pretty clear on how boards should be made up. >> there is wiggle room in all of that. liz: yeah. >> they don't want

charlie gasparino's getting in the chair.h more, don't move. ♪ ♪ ♪ we worked hard to build up the shop, save for college and our retirement. but we got there, thanks to our advisor and vanguard. now i see who all that hard work was for... it was always for you. seeing you carry on our legacy— i'm so proud. at vanguard, you're more than just an investor, you're an owner. setting up the future for the ones you love. that's the value of ownership. we're here with chris counahan of our local leaffilter. so chris, tell us how leaffilter is different from every other gutter protection on the market. with leaffilters, patented filter technology, there are no gaps, no openings, no place for debris to get in at all. and we install leaffilter on your existing gutters. it's a permanent solution. you'll never have to climb a ladder to clean out your gutters again. that's amazing, chris. tell me about the process. simple and easy. just give us a call, set up an appointment. we'll come out and give you a free gutter inspection. if they're

liz: that's why -- charlie, thank you very much, charlie gasparino, closing bell, we are three minutes record close. dow on its way to the 10th record close of this year. markets seem quite happy. financial insights firm cfra just unveiled its best in show aristocrat dividend stocks for the year with obvious names like mcdonald's and wal-mart and looks at four names specifically in health care, abbvie, abbott labs, medtronic and west pharmaceutical. our "countdown" closer likes two names on the list in a roaring market on the list you know what? go with names with modest gains but have the secret great dividend sauce. crescent founder, cio, founding partner, jack ablin. okay, which two? >> we like who is it abbott labs and medtronic and actually j&j is really does qualify as a dividend aristocrat but certainly not on cfra's list for some reason. oh it is on there. those are mind. so, here's, the theme is really twofold, liz. one is quality. quality, quality, quality. that is really the underpinning of all of our equity and bond selection at crescent. and really the, the thesis is, foll

joining us now, charlie gasparino. how confident? >> i want to say how i got the story.g nikki haley her donors increasingly she can't win a state after south carolina she might have to drop out, despite the fact she raised so much money. i said one outlet will be the "no labels" independent candidacy. they can't get oy anyone ballots they're being blocked by democrats in various states. within minutes i got a call from people on the from no labels, ryan clancy, who is their political director, basically said this, we are absolutely confident we can compete on all 50 state ballots in 2024. that is a pretty bold statement. they can get they think on every ballot if they run someone. they haven't said they will run someone. they're on 15 states, they are soon to get 18 more. they think the 17 remaining to mount third party candidates. mount a third party candidates likely challengers, biden, trump, looks like it will be. as of now. thing could change obviously. it is pretty interesting. it is pretty adamant. they say they can do it. obviously they don't have a candidate. t

charlie gasparino discusses the political implications of the latest inflation numbers.sell bidenomics. charles: that is one aspect. david: not that it was selling to begin with. charles: if you can't run on your cognitive ability, at least the economy is good. one of the problems biden always had, very good for wall street, generally good for speculators or the average american who gets eaten by inflation and inflation has gone down obviously. the rate, prices are still high. david: real average hourly earnings adjusted for inflation down 2. one% one% for january 2021. charles: the economy is showing it's not working. that's where he has his biggest problems. david: he is not your average joe, he's about a dollar outside at all. charles: there was talk about a march rate cut if inflation keeps going down. names should not be uttered. march cut is likely off the table. it is so sticky, and things get into the election. can you cut before the election and gets tricky. the best you could say is the vice on his head are starting to turn. on the one hand, the guy who caused

charlie gasparino following all fat.ware so -- that one court which always rules against musk. neil: that precipitated it. charles: let's get back to the politics. we have donald trump running amid 5 indictments and really sort of crippling civil cases, $82 million verdict the other day, e.g. carol, something is coming down with the state courts, that could be any day, multimillion dollar things. neil: a lot of it has to be put in escrow. charles: it count against you. he is being crippled slowly but surely. then it comes down to the race, when it really comes down to it. i'm hardly amaga. i'm a realist. there's there is not a path. even ken griffin says a path for victory for nikki haley, he's a big contributor, extremely difficult, i would say impossible. he said narrow. the only path to victory outside winning a primary is this guy, trump, being totally crippled and going to jail and stuff like that. the question, does she withstand what's going on behind the scenes. at least haley is complaining about this. immense p

charlie gasparino is here, this politically would be a big win for him and take a lot of the tensionernative candidates. that's all the rage right now. charles: you talk about alternative candidates. the rumor, when you talk any big-money donor, they think there's going to be a change, that president biden will drop out, that's the rumor, in may. i'm not endorsing that. that is the rumor mill. the rumor mill has a lot of things starting to percolate. nikki haley is not getting the traction she needs. she is getting a lot of money, big-money donors backing her are increasingly freaking out, that it will be trump versus biden. we do know big-money donors are being talked to about giving money to no labels. that's a crapshoot too because pending on every state they need to get ballot access to every state. people worried about ballot access as an alternative to biden/trump, the no labels spokesman called me immediately and said we will be on every state, that's the least of our worries, we have the money and personnel, we will be on every state if we can field the candidacy. there's a l

south carolina remains a focus but charlie gasparino is here, she has a knack of getting money guys to? charles: after south carolina it seems like if she doesn't do well, she comes within single points of trump, this was her home state too but she doesn't do well there. it is probably done now. does she have enough money to stay in for a while, are you throwing good money on bad, and if you damage trump against biden. stuart: neil: it is fine to rip her a new one, not good for anything. charles: there is no way for her to win. i'm not defending donald trump. neil: he is the leader. charles: what the money guys are saying is at some point it's throwing good money at bad. why would you do this? if you're going to see low for at least support or you lose any chance of trying to influence having a say in administration policy under donald trump. you will be blocked. lauren: 1 if he doesn't? charles: you are electing joe biden. neil: money guys, they didn't get that way being stupid. did they see is this threat. charles: if she doesn't do well in south carolina it is an indication that you

liz: thank thank you very much, charlie gasparino. if u.s.an's nikkei. it hit an all-time high. our mainstay capital founder and friend, david kudla. you're saying just don't buy the nikkei, buy the nikkei small caps. how do we do that and why? >> good afternoon, liz. we've seen the nikkei 225 come a long way here back to a high set last december of 1989. valuations are getting somewhat stretched but we still think there is opportunity in small cap. we have a weak yen, decent valuations and there's, monetary policy by the bank of japan has been far easier than we've seen in europe and in, in the u.s. so we think there's, real opportunity there to diversify out of where our primary allocation is u.s. first. liz: you can do dxjs, wisdom tree small equities for japan. you like india, i-shares, msc-iind, india. what is the positive on that? we have 15 seconds on that. we're coming up to the bell? >> both are benefiting from lowest investment in china in 30 years. capital is flowing into japan. capital is flowing into india. india has high demand

charlie gasparino has more on that.i am retiring from fox business because i invested in nvidia. i don't have to put up with this stuff ever again. full disclosure, i'm not an investor in nvidia. i can't be because i cover this stuff because there is an irrational exuberance to this company and the notion a i will change the world, everyone is talking about it, everyone was talking about the internet in 1998 and we were member what happened next, in 2000, the bottom fell out and that's why we don't have pets.com anymore. there's a little bit of frothy air in this ai stuff but if you listen to people like steve schwartzmann, ceo of blackstone out there spending money starting courses on ai education, it's the next new new thing. whether it happens or not who knows? and that is why you've got to be careful about chasing these stocks. this is classic momentum play. who knows what it will be like a year from now or a month from now or 6 months from now. look at that stock. that's why i can retire now. that's where we are wi

charlie gasparino is going to tell you who that person is and what are the odds. that's next.ecord territory, same with the s&p and, i've got to tell you, the nasdaq is super e close. nasdaq needs 470 -- sorry, 476 points to strike a new record pro. it's at 465 right now. ♪ if. ♪ ♪ dominion freight line, we do them this way. this way has people who start early. people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. jorge has always put the ones he loves first. but when it comes to caring for his t

joining us now, charlie gasparino. can i just set this up by sayin- >> yeah.ly popular chatgpt, and sam altman if was booted last month and brought back in this soap opera --? >> and you remember, the journal broke the story about a the investigation, get that clear, remember, they said they booted him because he didn't disclose some stuff to them. it was very vague. here's the problem, i think, with the case, and i'm talking with lawyers that are involved, okay? they point to two things. first off, it's not quite an investigation. it's an examination right now. and -- you've got to know a little bit about how the sec works. the o.c., the office of inspections, examinations and compliance, often does the first, you know, layer of looking at stuff. and if they find something problematic, they kick it to the enforcement division. and if they find something problem mat in, then they go further -- problematic. and i don't think their9 twat quite, you know, they're at the enforcement division level just yet. i mean, i, you know, i saw -- based on what i'm reading a

liz: charlie gasparino, closing bell, four minutes away, the dow, right now it is erasing yesterday's points for the record close. s&p and nasdaq are on the way to snapping two-dave losing streaks. as we watch all of that, the big news in a couple minutes, biggest names in tech, at least three, meta, amazon, and apple are on deck to report earnings after the closing bell. look at amazon it is really charging higher. it is up by two 1/3%, meta up 1%. meta is moving higher a day after disasterous testimony on capitol hill with the hearing on big tech and online child exploitation crisis. senators put zuckerberg through the paces and awe accused him of children suicides and exploitation. afterward, zuckerberg made this go viral. watch. >> no one should have to go through the things your families have suffered and this is why we invested so much in our new industry efforts to, to make sure that no one has to go through the type of things your families have had to suffer. liz: he stood up, turned around, after being prompted by senators to apologize to these people. well it is not hurting

i'm going to save the honey talks lip glow, whatever it is, for charlie gasparino to try in just a fewghter] we will stay tuned for that. good to see you, tarang, thank you. >> thank you. liz: auto stocks revving their jenins -- engines just as the chicago auto show kicks off this weekend. we got you a sneak peek ahead of time. one famed ev merrick or making its first appearance ever at the country's largest and longest running auto show. oh, yeah, you can figure out who that is. what is -- you know what? tesla's not gone to these auto shows, and look at that right there. we're going to show you more and get you the scoop on that. >>> and paypal, the very biggest laggard on the s&p 500. why do investors believe it doesn't pay to be a pal of the stock right now? we will get you the answer when we come right back. ♪ liz: is it just one point?- we one point away. but now, you're really going to have to get those new dentures. after all, you need a smile that matches the moment. so this might be a good time to mention that aspen dental can create natural looking dentures in no time. just f