i just recorded that with harvey just earlier when he was obviously at the crypto arena. you, sir, holdcongratulations. we'll hear who gets that this coming weekend. i want to remind our viewers you're known as well, not only for your socially conscious music, but also a lot of activism, campaigning for bernie sanders, putting yourself out there. and i want to show a little more what harvey told us, because we also discussed the voting process and something i know you and i can get into, which is whether this year might yield a grammy for a diss record. >> our voters are all music professionals. they're not swayed by people's popularity or their streaming numbers. they're really listening intently, listening to the quality of the music. >> kendrick lamar is up with multiple nominations. if he were to win, it would be the first quote unquote diss record to win a grammy in a long time. >> i know how you love a diss record, but this is going to be if it's won or lost, it's going to be because the quality of the music and the lyrics and the production and the whole thing that makes that rec

crypto on their balance sheet and make it easier for institutions to holdt is great, but clarity also creates more perspective on what will work and what will not. so far, the view has been number go up. we sometimes joke it is number go up technology and i think what is happening in week one of the trump administration is this clarity is helping people and markets understand we are not all going to make it. there are going to be winners and losers and this administration has made it clear they are content picking winners and losers. caroline: are ai coins going to be winners of the future? they have taken a brutal hit in the current narrative. >> the ai crypto narrative is confusing. how does crypto make ai better or safer? the jury is out there. and the reverse is how does ai make crypto better or safer? there we have used ai to create new casinos and crypto in the form of online accounts tied to llm's creating their own clients and launching their own coins. to me, that is not interesting. what i'm looking at is how can crypto and opportunities around ag

since crypto holdings don't have to be disclosed. if trump's regulators, meaning the trump administration, then acts in a way that aids crypto or aids the person who is seeking the favor, trump will be accused of aiding the buyer in service of presidential self-dealing. how? you know, it's the wall street journal, right? oh, yeah. the tragedy here is that he'll be accused of self-dealing. yeah. and that's the real danger here. the accusation, not the prospect that that's exactly what he will do. i mean, donald trump took over a quarter billion dollars from elon musk during the campaign and then, among other things, announced that he would put one of musk's guys in charge of nasa. musk, of course, runs a space company, so that's handy. he also just installed musk's doge organization in the white house in a way that will make its actions not subject to foia, not subject to freedom of information act requests, which means, effectively, we'll never know what they do. they also can hire anyone on any terms and at any salary, and we won't k

since crypto holdings don't have to be disclosed. if trump's regulators, meaning the trump administration, then acts in a way that aids crypto or aids the person who is seeking the favor, trump will be accused of aiding the buyer in service of presidential self-dealing. how? you know, it's the wall street journal, right? oh, yeah. the tragedy here is that he'll be accused of self-dealing. yeah. and that's the real danger here. the accusation, not the prospect that that's exactly what he will do. donald trump took over a quarter billion dollars from elon musk during the campaign and then, among other things, announced that he would put one of musk's guys in charge of nasa. musk, of course, runs a space company, so that's handy. he also just installed musk's doge organization in the white house in a way that will make its actions not subject to foia, not subject to freedom of information act requests, which means, effectively, we'll never know what they do. they also can hire anyone on any terms and at any salary, and we won't know that

at one point, trump's crypto holdings were roughly maybe up to 89% of his net worth, although it's hardxact figures from him on that. trump was also asked about this currency. take a listen. >> well, i don't know if it benefited. i don't know where it is. i don't know much about it other than i launched it. i heard it was very successful. i haven't checked it. where is it today? >> you made a lot of money, sir. >> how much? >> several billion dollars. >> it seems like in the last several days. >> several billion. that's peanuts for these guys. >> that's donald trump. you'll notice someone who often takes a lot of credit for a lot of things, including business activities. you're getting a different answer there. he sounds like he doesn't want to get into it. he wants to joke it off. he wants to minimize it. he's not red in. but when you read his books and you listen to his past interviews and other witness testimony, he's been very involved in even smaller transactions than that. i mean, he signs his own checks at the tune of 50 and $100,000, which many billionaires don't. so that's his

at one point, trump's crypto holdings were roughly maybe up to 89% of his net worth, although it's hardn that. trump was also asked about this currency. take a listen. >> well, i don't know if it benefited. i don't know where it is. i don't know much about it other than i launched it. i heard it was very successful. i haven't checked it. where is it today? >> you made a lot of money, sir. >> how much? >> several billion dollars. it seems like in the last several days. >> several billion. that's peanuts for these guys. >> that's donald trump. you'll notice someone who often takes a lot of credit for a lot of things, including business activities. you're getting a different answer there. he sounds like he doesn't want to get into it. he wants to joke it off. he wants to minimize it. he's not read in. but when you read his books and you listen to his past interviews and other witness testimony, he's been very involved in even smaller transactions than that. i mean, he signs his own checks at the tune of 50 and $100,000, which many billionaires don't. so that's his current answer in defense

india you can talking about how do you ledge it myself at the investments do government need holding crypto currency like that i find it requesting daily asset industry maybe only i can think of clamoring for more federal regulation fascinating, that would enhance the market power of those already in the industry today. usually that is how it plays out a, do we need to have -- the u.s. government holing stock piled reserves whatever digital currency i don't think any strong urgency for that, in the end, the dollar strength comes from the fact that you can use dollars to directly buy into u.s. market, to buy into high-tech companies, to global leaders, i don't think the dollar is preemment role is going away. threat out therely going to election crypto industry look, a lot of places, obviously, i know in sports arenas with name on it. but they were a big piece of why donald trump got -- lee: huge amount of excitement enthusiasm especially among young people miss voters a lot of people wanted was clarity in regulation because there is so much, that we don't understand about crypto, i think th

crypto assets. the head of the tas force says it will solicit input from the industry, as well as hold public meetings. during the presidential campaign, president trump promised a crypto friendly administration for the nearly $4 trillion industry. new details tonight on a gunfire exchange involving the san jose police department. the police chief held a news conference today. he says around 1030 last night, two officers in street clothes were an in it were in an unmarked car in san jose when they came to a stop at the intersection of melbourne boulevard and mclaughlin avenue. two unknown suspects in a vehicle confronted them. the suspects indicated they were armed, so the officers pulled over and called for backup. that's when police say a suspect suddenly started shooting at the officer's car. an officer returned fire. the officers were not hit and the suspects immediately took off. san jose police say the motive behind this attack is under investigation. overseas, a legal battle of royal proportions is underway in the uk. back in september, prince harry filed a lawst against rupert murdoch's news g

you've got coinbase, which is the app for trading crypto, and you've got micro strategies which holdsse stocks will do well. energy's the flyer here because most of of the energy companies don't do well under a trump administration because the price of energy will come down, but it'll be good for drillers. this is why p.r., they drill in the permian basin, second largest pure if play energy producer. i think that stock does very well under in this administration. stuart: the perm permian basin, the largest underground lake of oil in america, i believe. it's gigantic. >> that's right. stuart: good stuff. thanks very much, david. see you soon. nice to be positive today. the opening bell, here you go, it's ringing. we're off and and running, the dow has opened with a gain, 200 points in the very, very early going. there you have it. the opening bell sponsored by -- whatever. if okay. the dow industrials up 154 points, 160 points. there's plenty of green among the dow 30. i see only 5 losers, 25 winners. the s&p 500 has gone up a little bit, a half percentage point, 30 points. the nasdaq

crypto. we don't even know, that's broken heights we've never seen, it would been unimaginable to a person holdingo in 2012 to see where that cross the hundred thousand dollars recently. there is a debate whether you should own crypto assets and so advisors i think there's more of an emphasis right now for that handholding. are you willing to pay what these firms are asking and that's the trade-off you get. it's ultracheap and do-it-yourself. if you're out there indexing. but sometimes it can get lonely. host: julian is in meridian, connecticut. caller: hello. the previous question leads into my question per death perfectly. democratization of financial services and my question is with the new administration and its crypto currency policy, the biden administration has been quite anti-crypto and there's a stark difference in the trump administration with her guards to the attitude towards crypto and crypto policy. if you could talk about what you think in 22 -- what might happen impacting the actual economy and what that would mean for gen xers and baby boomers as well. guest: elon musk, the oligar

crypto. we don't even know, that's broken heights we've never seen, it would been unimaginable to a person holdingin 2012 to see where that cross the hundred thousand dollars recently. there is a debate whether you should own crypto assets and so advisors i think there's more of an emphasis right now for that handholding. are you willing to pay what these firms are asking and that's the trade-off you get. it's ultracheap and do-it-yourself. if you're out there indexing. but sometimes it can get lonely. host: julian is in meridian, connecticut. caller: hello. the previous question leads into my question per death perfectly. democratization of financial services and my question is with the new administration and its crypto currency policy, the biden administration has been quite anti-crypto and there's a stark difference in the trump administration with her guards to the attitude towards crypto and crypto policy. if you could talk about what you think in 22 -- what might happen impacting the actual economy and what that would mean for gen xers and baby boomers as well. guest: elon musk, the oligarch

cryptocurrency industry leaders are holding a gala for the president elect. cryptocutives donated millions of dollars to both parties during the last election cycle. president elect trump has vowed to make the united states the crypto capital of the planet. >> president elect trump is appointing ambassadors to an unusual place hollywood. he announced that mel gibson, jon voight and sylvester stallone will be what he's calling special ambassadors to the film industry. it's not clear what that will actually entail. gibson and voight's representatives have said that they are on board. stallone's reps have not yet responded. >> some troubling new statistics released by the american cancer society today. a study shows women under 50 are 82% more likely to be diagnosed with cancer than their male counterparts. that's up from 51% more than likely in 2002. the report also highlights racial disparities and outcomes. native americans are 2 to 3 times more likely than white people to die from kidney, liver, stomach and cervical cancer. black people are twice as likely to die f

crypto coins. but is this ethical counting the cost on al jazeera holding the powerful to account as we examined the us, its role in the world on alger 0. the 1970s was a pivotal time to send them our own theater in the middle east and north africa. and 3, back in the 2nd of a 2 part series out to 0 will to meet the creative risk takers who broke new ground for censorship. and developed their own voice in the seventy's in the arab world stage and screen on al jazeera, the watching. i'll just remind you about top stores as a mass size. it will release for female israeli soldiers on saturday, as the call to the latest exchange of captives in return is ready. forces are expected to fund over 200 out of state in prison. this part of citizens in gauze of health friday trash for the 1st time since the cx 5 came into effect worship as gavin to what's left of the most current community. this full authority is a gauze and say reconstruction is going to take time and resources of the 15 months . israel says it will not meet the deadline for the full implementation of it. cease file, it has bottom as pots all

crypto platform. >> thank you for calling. >> please hold. >> when you.k to your custodian. >> does it feel like. >> you're not being heard? >> thank you for calling. >> please hold. >> now that's better. trey doese call center. instead, your calls are answered by who know you by name and are empowered to help. like me. hey, chuck, how are you? what can i do for you? >> with the. >> fundrise flagship. >> fund, you can invest in the same kind of real estate investments that empower the world's largest portfolios for decades. start growing your real estate portfolio today with the fundrise flagship fund. >> introducing the rex. >> fang and innovation. equity premium. >> income etf. pepe. >> pepe invests. >> in leading big tech stocks. >> while balancing growth and income. >> combining tech growth with premium income, pepe offers a unique investment opportunity. for more. >> information. >> including the. >> fund's standardized. >> performance, sec 30 day yield and current. distribution rate, visit rex shares.com/ffi. so are you guys. still thinking about go

cryptocurrency industry leaders are holding a gala for the president elect. crypto executives donated millions of dollars to both parties during the last election cycle. president elect trump has vowed to make the united states the crypto capital of the planet. among those rumored to perform at tonight's event, snoop dogg. trump himself is not expected to be in attendance. the official inaugural portraits of donald trump and jd vance have been revealed, so take a look at them right there. the images were released on social media yesterday by trump's chief photographer with a caption quote, we are entering the golden age of america. the photo of trump bears a striking resemblance to the face that he made in his mugshot back when he was indicted in august of last year. speaker emerita nancy pelosi will not attend monday's inauguration. her spokesperson did not give a reason for that decision. the california congresswoman did attend trump's first inauguration in 2017. governor newsom has decided to raise flags in california for the inauguration. flags nationwide have b

holding 100k. we'll get more on crypto coming up. >>> meantime the president taking office with the most expensivet in history. american stocks 83% more expensive than when bill clinton first took the oath 145% more than when obama began his term, and four times reagan's starting point. there's even a third price with the start of trump's own first term. let's talk about how to position. lizzie ann saunders, charles schwab, chief investment strategist. good to have you. >> nice to be here. how are you, carl? >> interesting morning for us because there's so much policy discussion even as we're in the middle of getting some corporate commentary about the quarter. i wonder how much uncertainty you think that feeds into at least the rest of january. >> well, we may have alleviated some of the tariff-related uncertainty in terms of what got announced on day one. but it was even later in the day on day one that the administration came out and said they're still planning going ahead with tariffs on imports from canada and mexico. so i think that's the one page from the 2018 playbook that is relevant this

crypto? >> two things. the sec has to get clear rules in place. i think it is not a security and investors continue to holdthat asset. there's another plethora of assets that exist in the market and people want to know are these securities? how should they be treated? not only regulation which the crypto task force is focused on but what can donald trump do to push this forward. 50% of his net worth is in the crypto market and he's paying attention to this but there's three things. they can repeal sab 121 which allowed banks to be more safer people, the second thing is establish a strategic reserve in have the united states government by in bitcoin in the market. the tax treatment of these assets with goods or services by bitcoin even notice a currency you pay capital gains tax so removing those three things would be a tailwind for the industry as well. stuart: are you a fan of the strategic bitcoin reserve? the government starts buying it up goes the price. >> the price will go up but the more important thing is the us government currently holds a lot of gold, many central banks around the world and bitco

hold to a sell. let's look at what's happening in the world of crypto. no executive order when it comes to bitcoin.to .9 percent and still above $105,000. all of crypto exposed names down since we do not get an eo out the gate when it comes to bitcoin and cryptocurrencies more broadly by the new administration. microstrategy up. buying more bitcoin. an 11th consecutive week. good news into the inauguration are many holders. a meme point. isabel lee, and extort new renouncement from the incoming president trump and melania having mean coins. isabel: i thought it was a joke. you see a lot of parities but it was real. we don't know if this is related to trump or not. we have his son eric saying this is the greatest digital meme on earth. on one hand, it is a great thing. it signifies a new regime. the fact they have a coin inductor trump and melania. it sucked some of the out of the trump coin but at one point it was as high as $60 billion. on the other -- caroline: if you are in the space. isabel: people are saying this highlights the memeification of the industry. it is just really a joke. it passed

they of course benefit from big crypto trading volumes as well as potential for clearer regulation. bitcoin proxies, microstrategy, mara holdingsays having a good day. they do stand to gain more from better regulation. just because it's been more of a target of s.e.c. lawsuits and alleged banking discrimination under the outgoing administration versus bitcoin. you look at bitcoin, it's been more mark row driven since the december fed meading that raised concerns about inflation that were somewhat disswaged this week. so it's correlation with the s&p 500 has jumped in the past couple weeks. so it moved more around the data releases this week, but joining the crypto party today on optimism about a potential stockpile and investors now expect any announcements from trump next week to send bitcoin higher, so mike, starting as a macro trade and ending with trump at the end of this week. >> it's fascinating because you have this repeated pattern of we expect great messages that are bullish for crypto coming out of the trump camp. the good messages come and the market hasn't already discounted. in other words, usually it's a sell the

crypto in enforcement actions. but that doesn't mean they should hold on to it.they sell equities that they seize or houses or jewelry, you know, those things go up generally in price over time too, but that's not a good reason to hold on to them. the government shouldn't be owning this stuff. there's no strategic purpose to having such a reserve or stockpile. and frankly, it's bad for crypto, for digital assets, right? i mean, if the government owns this, then where does that take us? does the government say, well, gee, we've declared this strategic, so maybe we should control mining or maybe we should, you know, control some other aspect of this. so i don't think it's a good idea and i think it would be a bad thing to do it. >> tim. the other thing we've talked about separately in the last few weeks have been the surge in the ability of compute all around the world, right? it's been about deep sink for a few days. it's been about quantum, which always leads us back to a discussion of whether or not there is some kind of existential risk in the encryption of, sa

hold a variety of very secure u.s. -- >> yeah. maria: matthew, give us your reaction there. you like crypto. >> i love crypto here. mean, i love what bessent said. central bank digital currency is like potential to be 1984 type of stuff so it's great they're not pursuing that. you've got a president and administration that's rabidly pro crypto, s.e.c. that's pro crypto. you've got companies that are trying to emulate micro strategy's strategy. we're big fans of crypto here. big fans of bessent. i mean, a lot of the other nominees have gotten the buzz. we all know who bessent is. but i think america got introduced to him yesterday and he knocked it out of the park. maria: you think we'll have a good year in the economy and markets? >> i think now we've got some people who are competent which gives us a much better chance. i still worry about the fed. i think the fed is way behind the ball which is what the bond market is telling them. but we're getting competent people in, thank god. maria: do you agree with all that. >> i agree with most of it. i think the first half of the year, a lot of volatility. there's going

crypto is here. we've always been competitive. ♪ yeah...one of us always had to be first. - first! - first! [kids bickering] [kids bickering] holds! ♪ first! today, we're first together. we love you, mom and dad. thank you so much for making it possible. and now you can finally put yourselves first. vanguard. fifty years of helping you invest for all of life's firsts. ♪ let's go boys. the way that i approach work, post fatherhood, has really been trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families, like my own. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. ♪ ♪ >> we need to get back to our roots and focus on reducing mistakes and satisfying the policy and restoring free expression on the platforms and replace fact checkers and community notes similar to x on facebook. we tried to astress those concerns without becoming the ash torrs of truth. arbiters of truth. they've created too much distrust in the u.s.. over the next couple of months, we're going to phase in a

crypto. >> a storehouse. >> of. >> value. >> and will. >> be held. >> as an asset by the treasury department. >> okay, so hold on a minute. >> hold on a minuteople when we. >> get to. >> that point. so i want to just explain. >> it. >> a little bit slower. >> because by. >> trump even. >> putting forward. >> the idea. >> which he did today, he signed an executive order. >> that he wants to. >> evaluate the potential for a national digital asset stockpile. again, people are tuning out saying, what. >> does that mean? >> but don't we need to care about that? because if they. go through with that. >> that means. >> if crypto blows up, the. >> us government could end up having another bailout. >> for the crypto industry. one that taxpayers are going. >> to be on the hook for. >> isn't that why we need to care? >> i think that's an. >> important part of why. >> we need to care. >> hopefully. >> the banks. >> and the. >> federal government. >> won't bring so. >> much crypto into their coffers that they become. >> that it. >> becomes a. >> systemic, a systemic problem. but let's like let's take the word crypto out. >> of. >> it to make the issues h

crypto a storehouse. >> of value, and. will be held as an asset by. >> the treasury department. >> okay, so hold on a minute.d on a minute, because you lose people when we often lose people when we get to that point. so i want to just explain it a little bit slower because by trump even putting forward the idea, which he did today, he signed an executive order that he wants to evaluate the potential for a national digital asset stockpile. again, people are tuning out saying, what does that mean? but don't we need to care about that? because if they go through with that, that means if crypto blows up, the us government could end up having another bailout for the crypto industry, one that taxpayers are going to be on the hook for. isn't that why we need to care? >> i think that's an important. >> part of why we need to care. >> hopefully. >> the banks. >> and the federal government won't bring so. much crypto into. >> their coffers that they. >> become that. it becomes a. >> systemic. >> a systemic problem. >> but let's like let's take the word crypto out of it to make the issues here. >> you know, you've isol

holding to that prediction, david? >> absolutely, maria. we are just getting started with this market and not only the crypto markets but the stock markets into this year. listen, we took a breather. we didn't have a major santa claus rally around the markets. i think a lot of people were taking some gains, selling, getting prepared for tax season, frankly, which they're going to have to pay a fair amount of capital gains this coming tax season. but this is going to be super charged economy and i think, frankly, that's where trump's most challenging element lies. the strength of the u.s. economy and certainly the strength of the u.s. economy as compared to the rest of the world. we have a really strong economy, unemployment is going to continue to go ahead and tick down. the federal reserve is going to have to go ahead and deal with that. trump will have to go ahead and deal with that. so will markets. while economies around the world are struggling and are cutting rates because of weakness. maria: yeah. great point. you're bullish on stocks and on crypto, david. so we'll be watching your work for sure. great to see you this morning. >> thank

crypto passed the ethics test? what he possibly gains by selling so-called meme coins when we? rest of pamela price's term as d.a. after she was recalled. right now, the county board of supervisors is holding a special session to publicly interview the seven finalists for that job. here's nbc bay area's velena jones. we want to make sure that they will not be replacing another problem that will be dealing with again. and we also want to make sure that this is a right and fair process. safe. the group responsible for recall efforts against former da pamela price rallied ahead of today's special supervisors meeting, this time advocating for what they want to see in the next district attorney they hope will remain in office. and that's the most important thing, is the electability. after 2026, you have to do 2026, you got to do 2028. so you got to know what you're doing here. that group and the families of several crime victims are endorsing two of the seven candidates. alameda county superior court judge ursula jones dixon and contra costa county assistant district attorney annie esposito. virginia nishida, whose husband was shot and killed in 2021 while working as security for a news crew,

we're also seeing a bump, by the way, in crypto aligned stocks like microstrategy, coinbase, merrill holdingsyptocurrencies, but bitcoin specifically right now is in focus. becky i'll send things back over to you guys okay. >> don, thank you very much. up next, are banks refusing to do business with conservatives. president trump seems to think so. what he said at the world economic forum yesterday and where the accusations stem from. >> time now for today's aflac trivia question. when was the last time washington faced philadelphia in the nfl philadelphia in the nfl playoffs? the answer wins. ♪ (action music) ♪ woah! i can't do it! agh! cut! this gap! it's just too big. bring on the double! aflac! after my hospital stay, aflac helped close the gap by paying me cash for expenses health insurance didn't cover. nothing covers gaps better than the aflac duck. aflaaaaac! aflac. get help with expenses health insurance doesn't cover. find an agent, get a quote at aflac.com. you do look like me. mhmm! leads. you'll get unlimited. sales leads, mailing. >> lists. >> business profiles, person search, e

holding space with that. it was just a little too long for me. good night. crypto. good night.g of favorite biting baby. baby hippo. good night. to those very mindful and demure. good night. hope it didn't ruin the tour. do you know what that reference? i don't know. so. yeah. what is that a reference to? i'm not going to tell you. oh, um. is it a taylor swift thing? no, i don't know. no it's not. i mean, how crazy was ralph fiennes on this? that was amazing. crazy. i have to say, i feel like the whole rain portion of the night was a little bit of a fever dream. yes. it was very chaotic. it was like two hours of being pounded by the rain. yeah. and ralph really gets an amazing. that was an amazing soliloquy. so what's going to happen? i just want to clear, for those who may be joining us for the first time, what's going to happen? we have about 90s until they start to play the song imagine here. and we personally, i love like the five minutes before the stroke of midnight and the like the 5 or 10 minutes after the stroke of midnight. so we're not going to be yammering on all du

holds 44,89 if 3 bitcoin on the balance sheet. he joins me now in a fox business exclusive. fred, you've been banging the cryptoyears and finally the world -- yeah, with a big assist from if donald trump -- has woken up. what does that mean for mara at least this year? >> i think if you look at any move if upwards in the price of bitcoin directly affects the value of our company because with we hold over $4 billion of bitcoin on the balance sheet. so we'll continue to to mine bitcoin every month, and we'll add anywhere from 700-900 bitcoin a month just through mining in addition to our purchases. we purchased a lot of bitcoin last year as well the take advantage of price moves that we expected, and we think, we're very optimist inabout this year. we -- optimistic. most people would say bitcoin will end the year north of $150x , possibly 200k. depending on who you believe. liz: what do you believe? [laughter] >> you have a couple of things, right in if the strategic bitcoin reserve happens, lots of countries are be going to follow suit which all of a sudden means somebody has to acquire that bitcoin somewhere be

crypto is by no means a guarantee of higher prices. the world awaiting trump sir turned to lizzy: very good morning. this is "bloomberg daybreak europe," dime lizzy burden in dubai. the gaza ceasefire take holdthe first hot hinges are reunited with families. tiktok's short-lived u.s. suspension ends after donald trump promises to extend the deadline for a sale. this as the president elect vows to sign nearly a hundred executive orders within hours taking office today. shares in asia rise is a positive conversation between donald trump and xi jinping raises hopes of easing u.s. china tensions. a very good morning. a momentous day. the gaza ceasefire underway. donald trump said to be sworn in as america's 47th president and questions over his second term hanging over davos. we will have plenty of conversations for you from the swiss mountains. top of mind is the u.s. china relationship. we have had this call between xi and trump over the weekend and that injected confidence into asian equities this morning. more actually than the china growth numbers on friday. u.s. futures flat to the upside but equities and treasuries stateside are closed today for holiday. european futures flat to the upsid

lauren: establish a crypto working group chaired by david sax, to develop the rules of the road the industry is begging for the rescind what's called sab-21 paving the way for banks to holdcoin and explore potentially developing the national digital assets stockpile. of course cynthia lummis is an advocate for the strategic reserve of the government acquiring 1 million bitcoin over five years according to her own proposal. bitcoin is trading just under 10 5,000 this morning so fast and furious for the crypto industry. they are happy with what they got from the first crypto president this week. david: we know what cryptos doing or at least bitcoin. let's take a look at the other markets if we can. the general markets are trading down. the dow is down about 80 points, s&p just down a fraction, 4.75 and nasdaq almost flatlining there at up 1 point. that is literally flat and now its gone green so things are turning around. kenny polcari always turns things around. he joins me now. kenny we've had a bit of a rally recently. is this a trump bump we're getting now and even if we're a little red on the screen now, the optimism is just undeniable. >> i think it is and i think it

holds for the market. after the break, he is getting curious about what a new year might mean for each sector next. all the buzz around bitcoin isn't just talk anymore cryptoas gone mainstream. at itrustcapital, you can buy and sell cryptocurrencies 24/7 with the tax benefits of an ira. that's right, with an itrustcapital ira, you can defer taxes until retirement or choose a roth ira for tax-free withdrawals later. setting up an account is quick and easy it only takes minutes. open your account today at itrustcapital.com. the new era of crypto is here. ♪ >>> like i told you, rather than making big prediction about 2025, i'm posing 25 questions that we need to answer to get clarity on the future. earlier i walked you through four big picture questions that loom over the market. now some sector specific ones going rapid fire through the 11 sectors according to the global industry classification standard. we will go down in descending orders of perspective from last year, starting with communication services. some tech giants like alphabet and meta and media and entertainment countries. ask if the advertising market will hold up. that's who pays the bills. wi