i am david asman in for lou dobbs.o stop using product from huawei and zte products, they could be heutioneused to spy on american. economists are expecting the downward trend to continue to the new year, joining me, dr. michael pills bury. he is our author new york time bestseller, hundred year marathon. it will have trouble if current economic trends continue. >> right. but, china has massive foreign exchange reserves, second largest on economy closing in on us, growth rate is twice our growth rate. i would not count chinese out so quickly. david: believe me, i am not counting them out at all. you can squeeze people quite a bit with a communist government having control. let's talk about possible executive order from president against huawei and zte, do you -- we should mention, telephone exchanges all over u.s. right now that have this equipment, huawei equipment in it whether routers, or phones or lines that made. this would be a ver arduous task in ripping it out. >> it goes as high as a billion, products were sol

i'm david asman. lou dobbs has the night off.ill soon take over kenya's biggest port in mumbasa. china will take back the port after ken yap failed to repay loans. freedom of navigation missions in the arctic a year after china announced its intentions in the one belt, one road infrastructure project. making the ridiculous claim that it is a near-arctic state. joining me is dr. walid phares. i used to governor latin america. i have seen it happen in little countries in latin america. where china came to into nicaragua, made deals with all these corrupt official, paid out the cash in bribes. then took all kinds of precious resources, brought it home and left without any canal being built. they are kind of like locusts, moving into countries, taking what they need and moving on. >> the big picture is important to understand what happened in kenya and the other countries you mentioned. while the united states is super busy with four active wars in the middle east, with iran, north korea and russia and our southern borderers. china i

bulls and bear with david asman starts right now. david: this is bulls and bears, i am david man david asman. on the panel today, will stock rock to dow diving nearly 800, after larry kudlow said this about a u.s., china trade deal. >> it may not get done, okay? i'm saying that it looks to me like the ball is being moved in the right direction. much more than past 8 or 9 months, but i can't sit up here and say we'll get this, this and this. david: market really fell out of the bottom of the market after several tweets by president on trade including this, i am a tariff man when people come in to raid the great wealth of our nation, i want them to pay for privilege of doing so. the best way to max out our economic power, we're taking in billions of tariffs, america america rich again. -- mik make america rich again,t do you think? >> i think that the bond market, did not like mr. tariff man. went on the bond market decided he didn't like mr. tariff man, then concerns about a inverted yield curve, everyone was then focused on that. if y

ready to bring in the new year with the great david asman. there's no reason to not come back to 5:00. we'll see you then. forget a slowdown in china. could we be on the verge of a slowdown right here. cutting its u.s. growth were cast for the first half of 2019. kate stopped in on whether or not we could see a slowdown in the markets in 2019. i've been bringing this up all morning because i like ken fisher. he's a very smart guy. i like him a lot. he came out with a piece of "usa today" suggesting we could have a 15% to 20% increase in the stock market in 2019 going against a goldman sachs the same. what do you say? >> you really can't rule out anything, but if you look at the market the past couple months am i does seem to be anticipating some kind of slowdown. beverly doesn't seem -- a lot of break downs among the major industries and that does tighten risk as they go to q1 at the new year. it is concerning longer-term and we want to react to the intermediate term danger sidetrack is a technical analyst. things like momentum. david: let's

. >> bulls and bears with david asman starts right now. david: i am david asman on bulls and bears thank you for joining me, we begin with latest u.s.-china trade develop, new survey, finding trade war between two country is biggest threat in their mind of the u.s. economy in 2019. president trump speaking saying things for in the right direction. >> we have placed tremendous tariffs on china. whether china sends things to america, they pay 25 percent interest on everything they send in. and we have only gone to a certain charge 250 billion, 25 on first 50 billion then it goes to 25 on january 1st, i released them of that temporarily until end of 90 days, just one thing, after that i have additional 267 billion worth of taxes to put on china. they don't want that, it would be devastating for china. they are now agreed to go buy soybeans. >> that helps take pressure off of th the american economy a bi. >> i don't think there pressure, everyone is doing well. david: a lot to chew over, gang. >> my favorite quote from that, if china is in trou

. >> bulls and bears with david asman starts right now. and bears thank you for joining me, we begin with latest u.s.-china trade develop, new survey, finding trade war between two country is biggest threat in their mind of the u.s. economy in 2019. president trump speaking saying things for in the right direction. >> we have placed tremendous tariffs on china. whether china sends thing

bulls and bear with david asman starts right now. i am david man david asman. on the panel today, will stock rock to dow diving nearly 800, after larry kudlow said this about a u.s., china trade deal. >> it may not get done, okay? i'm saying that it looks to me like the ball is being moved in the right direction. much more than past 8 or 9 months, but i can't sit up here and say we'll get this, this

i am david asman. today on the panel with steve forbes, tov horvitz, and liz claman. we'll take a look at this. the dow staging a major comeback after plunging more than 500 points with chaos across the pond. british prime minister teresa maker in the future of the exit from the european union is a question at her delay that critical vote will happen today. ashley webster is in london following the very latest developments. actually, what is made doing now? reporter: well, we understand she's we understand she's heading off to the netherlands tomorrow to meet with the dutch prime minister. she's going to do a tour of european capitals to win support from the e.u. members to help her. she renegotiated the leaders. not sure that's going to work. she'll go to brussels on thursday, but already the e.u. has stated we are not going to renegotiate this. we gave you the best deal you're going to best deal you're going to have to live with it. it's going to be a tough road for the prime minister. she made the announcement issues differ in the vote for many days now, probably a

. >> just ahead reason for workers to david: good evening, i'm david asman.u dobbs has the night off. president trump standing tall for the american people, threatening to close the southern border and terminate any trade deals unless his border wall is funded. incoming white house chief of staff mick mulvaney says the radical dimm leaders are not even talking to the president. >> we need folks to talk to us. it strikes

david asman in for neil cavuto. >> stuart you are in the right business because you're in the best in the business. thank you very much david: welcome to "cavuto: coast to coast." i'm david asman for neil cavuto. hiring is slowing and matching last month's 3.1% pace. blake burman at the white house. reporter: talking about peter navarro making comments on cnn which he essentially said, if there is not a trade deal between the u.s. and china, with next 90-day window, tear levels would escalate. go back as they should have been. apparently moved the market. to be honest i'm not entirely sure why that is newsworthy? that has been the stance of this administration for days into weeks, into months now, if there wasn't a trade deal, then tariffs would continue. administration illuminating that. that played on the market. the other set of numbers, a jobs numbers. it was a miss relates to the top line number. 155,000 jobs created in november. however the white house is continuing to build up the argument today this is an economy that is continuing on the right path. one chart that the economi

i'm david asman filling in. hose beatles songs and this is one -- i never heard this. have you heard that before? >> no. i actually really like all the songs today. david: tell us what it is or we'll move on. christmas everywhere. let's look at the big board which is not doing well. this is surprising on christmas eve, shortened day of trading. we end the trading day at 1:00 p.m. eastern time. lot of people thought it would be a sleepy day. not so. volume is actually slightly above average, so the bears are running on wall street today. the market was down over 450 points at one point. it's now recovered a little bit but it's still looking sickly at 280 points. let's take a look at the -- there they are, big tech names. alphabet has turned around. that was trading lower earlier today. it is now up about a little over half a percentage point. facebook has been up all day, bucking the trend. but amazon, still way down. it was down over 4% so even that has improved. who knows, there is still time to turn this market

. ♪ ♪ lou: good evening, everybody, i'm david asman. lou has the night off.ng for a partial shutdown in less than five hours because the obstinate rad call the dems and rinos in the senate continue to stand in the way of the american public from's will to build a wall. >> as we said to president trump a week ago, his wall does not have 60 votes here in the senate, let alone 50 votes. that much is now clear. >> what i wanted to do with not proceeding is to demonstrate that not all republicans would be for the

david asman is joining us. great to see you. o law. big bipartisan win. what's it all about? david: well, it only affects prisoners in the federal system, by the way. there are about 180,000 of them. there are 2.1 million prisoners in our prison systems, most of those obviously state and local. it only affects a small minority and within the federal system of 180,000 prisoners it only affects about 6,000 or 7,000. that's why they call it first step. because it's a first step. what they are going to be doing is pulling back on these punitive minimum sentencing charges, particularly related to drug charges. they also make it easier to get out earlier if you're on good behavior. the three strikes you're out rule is being bent a little bit. so they are kind of bending the curve rather than really breaking the system. ashley: support on both sides of the aisle for this. david: both sides of the aisle. and of course, jared kushner, the president's son-in-law, is the one who really cobbled all this together and got support from both sid

. >> good evening, i am david asman, lou dobbs as night off, top story, doin nothing congress rolls onntinuing to be ignored by radical dems. president calling out obstructionists who stand in the way of his commitment to ending the glow of drugs. -- glow of drugs to ending human traffics and his commitment from keeping violent gang members from entering the country. louisiana senator bill cassidy said that president's demands for border security need to be met. >> shod

i'm david asman. joining me is steve forbes, john layfield, rick unger and erin gibbs. we will show you some live pictures of the george h. w. bush presidential library. this is in college station, texas. and it is the final destination for our 41st president. we are awaiting the arrival of the president's casket traveling along with the bush family and friends. the train, that train number 4141 has arrived. the casket has been transferred into the hearse. we will be bringing you the final ceremony before he is laid to rest. scheduled to begin later within this hour. you don't want to miss that. first stocks staging major comeback this afternoon. the dow closing down only 77 points. at one point it was close to 800 points down rallying on a report that the fed may take a more cautious approach to raising rates, but it was big news from canada that sent stocks plummeting earlier. deidre bolton is standing by in the newsroom with more on the developing story surrounding the arrest on a high-profile chinese tech executive. hi. >> hi. the u.s. is upping the ante against chi

. >> good evening, i am david asman, lou dobbs as night off, top story, doin nothing congress rolls oner wall funding continuing to be ignored by radical dems. president calling out obstructionists who stand in the way of his commitment to ending the glow of drugs. -- glow of drugs to ending human traffics and his commitment from keeping violent gang members from entering the country. louisiana senator bill cassidy said that president's demands for border security need to be met. >> should not be hard to get

i'm david asman in for trish regan. the president tweeting out, another bad terror attack in france. strengthen our borders even more. chuck and nancy must give us the votes to get additional border security. this as there is a question whether they can get the votes in congress to fund border security. >> there are no majority votes in the house for a wall. >> if i needed the seats in the house for a wall, would i have them one session. if we don't get what we want one way or another, whether it's through you, through the military, through anything you want to call, i will shut down the government. and i am proud to shut down the government for border security, chuck. david: you notice chuck schumer was never look at the president. he just couldn't look at him. joining me now, louisiana congressman house judiciary committee member mike johnson. will there be a budget vote this year that includes the $5 billion for the wall? >> republicans in the house are committed to that. i think we do have the votes. the president i

david asman in for neil. >> business did i say indeed. welcome to coast to coast. i'm david asman in for neil cavuto if huawei is the tip of the iceberg is there a lot more surfacing? >> david, good to see you. when you look deep into this, there is a battle going on here. i think the battle is what's really happening with the consumer? what is the real state of consumer health, okay? you can look at numbers. housing market slowing down. some sales numbers weren't as great as they should have been. and that battle is versus what wall street expects this consumer to be in six months. and i think with all this headline risk, you know, liz in the last show mentioned, the algorithms and that sort of thing. that is what we're dealing with right now, david, is this battle and theory, algorithmic pushing, what is to make of all this. david real quick here, i think that, the housing data, you know which a lot of people are sort of going back to, that ties into interest rates, i actually have a contrarian view here. i think the housing slowdown we're seeing equal as lot mor

i'm david asman in for trish regan. president trump reviving his promise that mexico will pay for the border wall as the clock continues to particular down. quote i often stated one way or another mexico is going to pay for the wall. this has never changed. our new deal with mexico and canada, is so much better than the old, the money we save is paying for the wall. president trump: they always supported fences and wallsage partitions. -- walls and partitions. but they only don't want to do it because of me. david: the clock is particularring with a shutdown just over a week away. joining me, congress plan lee zeldin. the clock is ticking but you and your colleagues are out of town for five days. >> i don't want to say congress works well on deadlines. but congress works better on deadlines. i don't expect resolution between now and the middle of the next week. but once we get into that 48-hour window there will be is a deal to be had. i'm hoping when we return next wednesday there is a deal to keep the government funde

. [♪] david: good evening, i'm david asman. lou dobbs has the night off.can people, threatening to close the southern border and terminate any trade deals unless his border wall is funded. incoming white house chief of staff mick mulvaney says the radical dimm leaders are not even talking to the president. >> we need folks to talk to us. it strikes

. ♪ ♪ lou: good evening, everybody, i'm david asman. lou has the night off. government is heading for a partial shutdown in less than five hours because the obstinate rad call the dems and rinos in the senate continue to stand in the way of the american public from's will to build a wall. >> as we said to president trump a week ago, his wall does not have 60 votes here in the senate, let alone 50 votes. that much is now clear. >> what i wanted to do with not proceeding is to demonstrate that not all republicans would be for the house bill either. there is no path forward for the house bill. david: meanwhile, president trump today making it or very clear that any shutdown is the responsibility of the democrats in the senate. >> it's really up to the democrats, totally up to the democrat as to whether or not we have finish democrats as to whether or not we have a shutdown. i would say the chances are probably very good, because i don't think democrats care so much about maybe this issue. but this is a very big issue. they've devoted their lives to making sure i

i'm david asman.booth, rick unger, i can only take one unger at a time. all major averages closing in the green with the dow adding 260 points to yesterday's 1,000 point rally. dramatic volatility day to day, hour by hour, really. what is going owi

i'm david asman.ay, we have robert wolf, jonas max, gary b smith and liz. something truly extraordinary happened today, president trump meeting with democratic leaders pelosi and schumer in the oval office to discuss the budget and the border wall funding. the president making clear that he wants more money for his wall than democrats are offering. nancy pelosi suggesting if he wants it, he ought to get it in this congress and that is where we pick up this really unprecedented public oval office meeting. take a listen. >>

i'm david asman. joining me, morgan ortega, john layfield and rick unger.g of losses, obliterating the losses we suffered in the worst christmas eve trading session ever and making today the best day after christmas rally ever. going into today's rally, president trump said this was a terrific buying opportunity and at least today, he seems to have been right. so has t

. ♪ ♪ lou: good evening, everybody, i'm david asman. lou has the night off.al shutdown in less than five hours because the obstinate rad call the dems and rinos in the senate continue to stand in the way of the american public from's will to build a wall. >> as we said to president trump a week ago, his wall does not have 60 votes here in the senate, let alone 50 votes. that much is now clear. >> what i wanted to do with not proceeding is to demonstrate that not all republicans would

i'm david asman. joining me is morgan, francis, stacey and steve.markets with the dow closing down 507 points. we have now lost more than a thousand points over the past two trading days over concerns about global growth. the president once again putting the pressure on the federal reserve not to raise rates on wednesday tweeting out quote it is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, paris is burning and china way down,

i am david asman. today on the panel with steve forbes, tov horvitz, and liz claman.ok at this. the dow staging a major comeback after plunging more than 500 points with chaos across the pond. british prime minister teresa maker in the future of the exit from the european union is a question at her delay that critical vote will happen today. ashley webster is in london following the very latest developments. actually, what is made doing now?

david: hi, everybody this is bulls & bears thanks for joining us i'm david asman.arol roth, kevin kelly and deirdre bolton and rick unge r. let's get straight to the breaking news british prime minister theresa may surviving the fight of her political life. take a listen. >> the result of the held this evening is that the parliament party does have confidence. >> [applause] >> i'm pleased to have received the backing of my colleagues in

i'm david asman. joining me is morgan, francis, stacey and steve. another wild day for markets with the dow closing down 507 points. we have now lost more than a thousand points over the past two trading days over concerns about global growth. the president once again putting the pressure on the federal reserve not to raise rates on wednesday tweeting out quote it is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, paris is burning and china way down, the fed is even considering yet another interest rate hike. take the victory. i'm quoting the president here. joining us now from the white house the chairman of the council of economic advisors. kevin, great to see you. always a pleasure to see how optimistic and positive your face is in these things. you know, you said earlier on this network that there's about a 0% of a recession in 2019. but you've also said that markets are the best forward indicators we have. what are they forecasting right now? it's not good. >> well, i think that, you

david: hi everybody this is bulls & bears thanks for joining us i'm david asman joining me on the panelnetti is here as well as danielle, gary kaltbaum in person in new york and adam lashinsky as well now take a look at this stocks slammed over reports of a deeper economic slow down in china, worse than economist economists predicted a slow down that the president says he should get credit for take a listen. president trump: but i will tell you this. china's economy, if it's in trouble, it's only in trouble because of me. that's the only reason it's in trouble because we've taken in $11 billion worth of taxes that i tax china.

i'm david asman if, joining me today, liz peek, johnathan hoenig, jack howe.a week that gave us the worst christmas eve trading day ever followed by the biggest point game ever followed by the biggest rebound ever, it may be comforting to see the dow trading with just 400-point swings from high to low and not 800 today. gang, should we be happy that stocks were up for the week, or is it too early to pop the champagne? what do you think? >> you know, there's such a thing as a day where the dow goes up 1,000 points, and it's not great news, i think we saw it this week. it gives me no comfort that investors are that fickle about where stocks should be valued right now. everyone is waiting to see what growth is going to look like next year. we knew all the time that this year would be great. is there going to be a carryover effect, or will growth slow greatly next year. >> well, it's pretty obviously not an efficient market anymore, but that said, it was very important that it did -- [laughter] it did come back. these are trillion dollar swing withs, these -- beli

david: hi everybody this is bulls & bears thanks for joining us i'm david asman joining me on the panel today lauren simonetti is here as well as danielle, gary kaltbaum in person in new york and adam lashinsky as well now take a look at this stocks slammed over reports of a deeper economic slow down in china, worse than economist economists predicted a slow down that the president says he should get credit for take a listen. president trump: but i will tell you this. china's economy, if it's in trouble, it's only in trouble because of me. that's the only reason it's in trouble because we've taken in $11 billion worth of taxes that i tax china. $11 billion. we never made any money with china. we lost money with china. in the last four months, we've taken in almost $11 billion of taxes nobody has ever heard of that or knows that. people don't report on that they only report on nonsense. david: so folks the question here, should we be celebrating china's economic weakness, the markets going to be saying no what do you think? >> yeah, let's rip on a place that only those 14 trillion gdp nu

david: hi everybody this is bulls & bears i'm david asman joining me on the panel today, liz peek, adam chaos in the markets, take a look at this the dow closing down 559 points after rallying at the open, we've lost more than 1,100 points this week alone driven lower by mixed signals coming from the president, and his administration over the progress with china on trade. negotiations and what exactly will happen at the end of this negotiating period, and while all of this is unfolding one of china's highest profile tech executives is arrested in canada

david: hi everybody this is bulls & bears i'm david asman joining me on the panel today, liz peek, adam lashinsky and steve moore. well, more chaos in the markets, take a look at this the dow closing down 559 points after rallying at the open, we've lost more than 1,100 points this week alone driven lower by mixed signals coming from the president, and his administration over the progress with china on trade. negotiations and what exactly will happen at the end of this negotiating period, and while all of this is unfolding one of china's highest profile tech executives is arrested in canada on our request on the same day president trump was meeting with the chinese president. now, critics believe timing was not coincidental. so, folks is the president and his administration mishandling this situation with china? >> well i think one of the interesting questions is exactly that. the timing of this. remember, when president xi and president trump sat down at mar-a-lago for dinner the first time they met, president trump excused himself from dinner and ordered the attack on syria, missiles

i'm david asman. on the panel today, we have heather, jonas, susan and foster with us. pictures of the leaders of the world's biggest economies that are coming together in argentina. this is the g-20. there you have the saudi arabian crown prince who is you should the spotlight for a -- who is under the spotlight for a number of reasons. we have a picture eventually where he did a high five with mr. putin from russia, that was strange. on the left side of the screen, you see the saudi arabian crown

i'm david asman if, joining me today, liz peek, johnathan hoenig, jack howe.t christmas eve trading day ever followed by the biggest point game ever followed by the biggest rebound ever, it may be comforting to see the dow trading with just 400-point swings from high to low and not 800 today. gang, should we be happy that stocks were up for the week, or is it too early to pop the champagne? what do you think? >> you know,

david: hi everybody this is bulls & bears thanks for joining us i'm david asman joining me on the panel well as danielle, gary kaltbaum in person in new york and adam lashinsky as well now take a look at this stocks slammed over reports of a deeper economic slow down in china, worse than economist economists predicted a slow down that the president says he should get credit for take a listen. president trump: but i will tell you this. china's economy, if it's in trouble, it's only in trouble because of me. that's the only reason it's in trouble because we've taken in $11 billion worth of taxes that i tax china.

i'm david asman.ning me on the panel in this busy hour is jonas max ferris, liz peek, heather -- [inaudible] and gary b. smith. president george h.w. bush is returning home. you're looking at live pictures of ellington field in houston where the aircraft carrying the president's casket along with members of his family and special guests will be landing within the next hour. we're going to bring you more on the celebration of his life and legacy today in the nation's capital and in houston coming up. >>> but first, to the breaking news. general motors' ceo mary barra on capitol hill meeting with ohio congressmen under pressure for announcing plans to close plants in the state the, this meeting following one with ohio senators. edward lawrence is standing by with all the details. what do we know about what was discussed? >> reporter: david, i can tell you nothing unifies both republicans and democrats like job cuts. gm has announced 15,000 jobs cut as well as four plants in the united states cut and one

president, politically, to the point and i have heard people make this point this week, i guess, well, david asmanmong others is this your read my lips type of moment? he has been criticized. ann coulter on down saying he will not be reelected in 2020. if this is as big of an issue that way politically, you do have a larger story on our hands for markets an everybody else. do you think that is a big issue if he doesn't come through with the wall? >> goes to both bases. pelosi and schuler under their base did not cave in to do it, president and his base expected him to be tough on security and be talking about border wall funding. talking about a very small amount of money. connell: can he get reelected without a wall being built as he promised? what has to happen for him politically? >> a lot of people in his base, i think the president can get reelected, absolutely but i do think he can build the wall even if he went with existing funding levels. but at the same time they expect him to fight for this. connell: can you do that. >> yeah. connell: chad was talking about this, i should have asked him