neil: gasparino? >> no psychiatrist would do it. so that's why this is outrageous but the president has somewhat responsibility here. he says crazy stuff. i mean, i'm not saying he's crazy he says it and he should stop. he should stop. neil: charles payne what do you think? charles: i think the critics are getting too personal and i think it's creating a dangerous situation for everybody. neil: kennedy does he push his own buttons though doing it? >> absolutely and the point was made the other day that he actually had a good tweet earlier on when he talked about the sanctions working well against north korea but then he responded kim jong-un in sort of undercut his initial message which was more in line with nikki haley and rex tillerson. neil: which is what you are. >> what did he call steve bannon now he doesn't like him? sloppy steve. neil: well i want to thank you charlie, kennedy very very much in the meantime it's the energizer market really just keeps going and going. topping 25,000, could get 30,000 how does this go and what

wait till you hear what charlie gasparino has been discovering about what he wants to do now.an't predict the market, but through good times and bad at t. rowe price we've helped our investors stay confident for over 80 years. call us or your advisor. t. rowe price. invest with confidence. >> what are you doing now? >> i'm working on a web series for crackle. it's called back seat cars getting coffee. and we have more called "frumpers for guy." skin care line. blotch. >> neil: so that's what steve bannon was up to. i've been wondering. fbn's charlie gasparino knows what he's really been up to. >> satire always has a little truth to it. you know that? there is some truth to that. here's what we understand about steve bannon. he's been ousted from breitbart after president trump did not like his comments and neither did the mercer family, a rich family. his comments appeared in the michael wolff book ant don jr. he's quietly plotting his return to some sort of a public life post breitbart. he's told friends that he may possibly reenter the news business at some time and we shoul

charlie gasparino in the chair and phil flynn on the floor of the cme.se is why we suddenly saw the spike in the last couple of hours and a great day for the bulls in the history books. >> it is a great day for the bulls, and i think a lot had to do in the fed minutes, they were very upbeat about the different areas that the job market is getting better, wages starting to go up, and that's the perfect environment for a raging bull market. and the other thing is that when we hit 26 yesterday and pulled back so dramatically, people said, hey, maybe that's a top, but looking at it, look at the people looking for a buy-in opportunity and that's the way the market ended up today. liz: nicole on the floor with her dow 26,000 hat. and charlie, give me a sense as nicole stands there waiting to see that moment, what do you think is the biggest driver today? apple saying it's bringing back more than a quarter trillion dollars? >> that's it. if you look at the corporate tax reform, it is such an obvious positive for the market, and it's just going to keep trickling

charlie gasparino is live in new york.harlie, and i don't want to say is it all terrible for gopro? does the camera business still thrive? >> they had problems, remember ill-fated adventure into drones. they don't have anything more than a camera business right now. the market obviously doesn't like what they're doing, they went from a $2.7 billion ipo market cap to something like $890 million now. and that's after stuff that occurred where the ceo nick woodman suggested that they may be for sale and said they hired jpmorgan. here's what we got, from sources close to gopro, what they're telling us is that they're getting cold feet over a possible sale. that doesn't mean it won't happen. at least right now, no sale is imminent of the company. here's what's going on. jpmorgan has been advising gopro for the last couple of weeks. they're their longtime investment banker, but the advice to figure out the strategic future of gopro began a couple of weeks ago around the times when they decided to do the layoffs. in the context o

charlie gasparino. the lawyers are calling him as we speak. meanwhile, the media is obsessing over the theme in this book that the president isn't mentally up to the task. furthermore going to quoting psychiatrists that confirm that. that's taboo for psychiatrists to do without seeing somebody. secondly, it's reckless if the media is gloming on to it. this isn't just about a book or a bias. this could be about something far bigger. so who then are the real nuts? after this. liberty mutual stood with me when i was too busy with the kids to get a repair estimate. liberty did what? yeah, with liberty mutual all i needed to do to get an estimate was snap a photo of the damage and voila! voila! i wish my insurance company had that... wait! hold it... hold it boys... there's supposed to be three of you... where's your brother? where's your brother? hey, where's charlie? charlie?! you can leave worry behind when liberty stands with you. liberty stands with you™ liberty mutual insurance. >> trump need to be medicated and hospitalized at this point or

liz: charlie gasparino, thank you. >> any time.: eight minutes before the closing bell rings, we're above 25,000, we're going to see that moment where we close above 25,000 for the very first time. our "countdown" closer has the unlikely dow names that will get you invested in block chain. yeah, a dow name getting into block chain but without the sleepless nights that people have by going into pure play block chain. stay tuned for that. that's next. we cut the price ofo give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. and at $4.95, you can trade with a clear advantage. every truck guy has their own way of conveying powerful. yeeaaahhh boy. kind of looks like a monster coming to eat ya. holy smokes. that is awesome. strong. you got the basic, and you got the beefy. i just think it looks mean. incredible. no way. start your year off strong a new chevy truck. get a total value of over $9,600 on this silverado all star when you finance with gm financia

gasparino. this new day. looks nothing like yesterday. roads nowhere to be found.tly what you're looking for. . liz: yes, it is a market sell-off, but not nearly as bad as it was shortly after noon with the dow jones industrials down 307 points, we've come back by i would have to say about 104 points off the floor because we had been down more than 400. i want to show you the dow transports, falling more than one full percentage point. talking about federal express and ups, they are the loss leaders, ups down 1%, fedex lower by about 2%. transports, big airlines and cargo planes cost a lot. companies tend to borrow money to do that and started to see yields on borrowing rates. specifically the ten year which crafted the 2.66 ceiling, now at around 2.7%. at this very moment, watching the bond market, the stock market. am i the only one? behind closed doors, he is looking and working and prepping on first state of the union address, but its business leaders and ceos who might be way more nervous than the president is right now. charlie gasparino is -- tell me you rem

liz: charlie gasparino, did you just finish. >> i never lie! i never lie about being in the cia.s he sort of blinking when -- do you blink when you're lying or not lying? >> what do you expect the guy to say? if he tells the truth, yes, i'm kgb -- i'm not saying he is, but if he blurted out something that vladimir putin wouldn't like, there's be a cell in the gulag ready for him in siberia. [laughter] liz: if he's lucky. >> get to my story. liz: okay, let's go. >> well, intro it. liz: oh. trump and davos is actually meeting with a ceo or has been wining and dining with business communities after his administration passed this massive corporate tax cut. now suddenly companies aren't so worried about meeting with him. i guess in secret, charlie? >> some in secret, some not. this is interesting breaking news. i'm trying to figure out how to fit in trump's, you know, hatred of sharks into this, because there's no sharks in davos, right? liz: no. it's the highest city in the swiss alps. >> trump loves it there. apparently the ceo community -- and this is the real story -- essentially

charlie gasparino, what are the big brothers going to do now? >> from what i understand, they're continuing to push for this etf with the securities and exchange commission, excuse me, i got a little cold, lizzie, working with the cboe to get the etf through the sec and from what we hear now, the chances, they believe the chances are better. remember, last march, i believe, the sec rejected it. basically didn't want institutionalized trading through hedge funds and money management funds and individuals of the bitcoin because bitcoin is a very obscure product, there's not a lot of transparency on the price of bitcoin. it doesn't necessarily trade on major exchanges. you could trade futures but the coin itself is an over-the-counter trading mechanism. but, since that time, as you know, there's been plenty of interest in bitcoin. the price is all over the place, people trading like crazy over the counter. they're going back to the sec with the cboe where they would allegedly list the etf and say listen, if you think we're not transparent, how abou

let me get on charlie gasparino? >> courtesy of my producer brian schwartz.isten, i do a lot of business stories and tend to focus on the business side. every now and then a political story comes along. we should point out mitt romney was a presidential candidate in 2012. he ran bain capital, the private equity firm. he'll be able to raise a lot of money from private equity if he does run. he'll be well financed. mitt romney is on the verge now, very close to announcing his possible candidacy. romney will likely announce that he will run. we say likely, who knows? in the middle of the night you could say i don't want to do it. ann romney says please don't do it, begs him. he's going to announce a run for utah senate seat next week, it looks like it's going to be announced next week, and one of the reasons why i think you know he's doing that, he's making calls and reaching out to people including mike lee. mike lee, the senator from utah considered a ted cruz republican. mitt romney is an establishment-type republican, he is definitely, definitely reaching ou

charlie gasparino, who would make a great referee in the fight is here with the details, charlie. >> don't hit me! one is jack welch, chose jeff immelt as a successor. jeff immelt took over in 2001. one of the most underreported stories out there is the slow, simmering feud between the two executives over the past 16 years which actually culminated with jeff immelt's early retirement. someone would say forced retirement because the company is underperforming, and one of the interesting stories about the 16 years is how much these guys behind the scenes have said that they hate each other and how they each blamed each other for the company's woes. jack welch said jeff immelt was not up to the job, saying this. saying this a lot lately as the stock shipping new lows. not up to the job, if he had his choice, he would not have chosen immelt as the ceo of ge, maybe bob nardelli or jay mcinerney, the other two contenders for the job. immelt was left with the huge colossus that was tough to manage and so difficult to manage through financial crises and dot com bubbles bursting after 9/11, a

glad to have you i'm neil cavuto to charles payne and charlie gasparino, kennedy along with ben stein charles, to you first. thanks for sitting in for me, whatever. >> [laughter] neil: now this whole thing, it's

this is what everybody should be talking about hello i'm charles p in for neil cavuto , to charlie gasparino, and adam lashinsky, deirdre it was remarkable something many people have never seen before. >> it was indeed and listen president trump understands the media. i mean, it's not a thing he had a very successful tv career and that was a great visual. it did get people talking and the problem is less than 24 hours later, we had some very vulgar language from him on a completely different topic, but even if we just want to look at that immigration issue, it was a very good visual by brass tax nothing got decided. charles: 55 minutes and here is what i liked about it charlie. everyone was able to speak their mind. it wasn't one of those meetings like the cabinet where everyone is flexing, you had folks like dick durbin saying this is what i like and don't like and president trump was listening. >> 55 minutes and he didn't say anything stupid which is maybe a record. charles: [laughter] listen it was a good meaning. >> i wouldn't go as far to say this was like watching hayley's comet go by

charlie gasparino will be damned. more after this. . neil: all right, you might have noticed in this day where stocks are soaring, in the casino industry, wynn resort is tumbling. there's a "wall street journal" story that hit the wires recounting wynn resorts employees and others accusing the guy who runs the place, mogul steve wynn of sexual misconduct. they cite the names and severals not identified including mr. wynn paying a $7.5 million settlement. mr. wynn, who we reached out to, dismissed the story saying the idea i assaulted any woman is preposterous. since he is the wynn in the wynn resorts and the brains in this casino operation that goes now to facilities all over the world including dubai and elsewhere imperls him and could in the financial community imperil his company. it comes at a time when such allegations seem almost legion in any industry beginning with our own about a year and a half ago, and at this very company. >>> the fbi text story raising credibility concerns. where you stand on this issue whether questioning

neil: thank you very much, charlie gasparino, see you in a little bit.dent's approval rate is low. the lowest for any president one year after the fact. that could change with the reverberations of a market rally sticking with him eventually and the benefits of the tax cuts which the president was reminding and continues to remind folks about here, he says the media does not. daily caller news foundation chief 2020 advisory board. robin let me get your take on how crucial the deal going on right now or trying to make a deal between the president and chuck schumer. the president we're told made the call to schumer, we don't know whether he gave a heads-up to mitch mcconnell or anyone else, but those two are working on something, what do you make of it? >> this is vital, neil, for both parties, neither one of us can afford this politically, the americans certainly can't and neither can our armed forces. this is most important. trump rejected our first deal but i expected that, and now i think we're going to be -- i think we're going to see a deal today. it

this is what everybody should be talking about hello i'm charles p in for neil cavuto , to charlie gasparinoam lashinsky, deirdre it was remarkable something many people have never seen before. >> it was indeed and listen president trump understands the media. i mean, it's not a thing he had a very successful tv career and that was a great visual. it did get people

he relishes -- >> gasparino never getting 80% approval. the point he doesn't need to. >> the midterms will not be normal. we're seeing a huge swell of african-americans coming out in special elections, to elections we -- neil: does that even out on impact? >> honestly i think a lot of what the president says next year. >> where the president's approval rating matters. >> it could matter, yes. if he energizes that base few made the point the other day, he has to get some bump out of the economy. but he is getting it now, right? >> it would be so easy to continue to have approval rating move up. he has to stop tweeting crazy things and making offensive comments. neil: said that to connell for years. >> delete the twitter account. >> i said offensive thing yesterday, it wasn't quite offensive -- neil: we know you, we get used to it. >> it wasn't offensive. >> you and the president are only people revisit comment. >> let it lie. >> some of our viewers say me saying bs to trump saying -- neil: i wrote that. i wrote that. >> very sophisticated a

let's get to charles gasparino because he is going to break it.saying that twitter continues to shop itself. i think it was up a few points on friday. it's up a couple percent on my report that it is indeed shopping the plan with the buyers. we are turning to the quarter. we are going to grow the users. and that the numbers are going to improve. and those numbers here is the real question and here is the market getting ahead of itself. with this message of growth potential. he thinks the company has turned the quarter. if you're gonna buy it you can buy it now. while it is turning the corner. not after. that being said i think there is still some skepticism what company officials are saying. this is not a story that is clear-cut. we've seen this act before. this is something that i had been covering for the last three years. twitter essentially shopping itself. walking away. now with the company officials are saying they do have a better story and that if they have a shot at selling it is around now. because they do had signs of potential user gro

charlie gasparino, what do you think?at it like a economic standpoint, if it is prolonged three-months shut down, that could have impact on the economy. government is huge part of economy. there are workers there. they spend money, if they can't get checks. parks are closed, you name it that could have economic impact fit is long term. i really believe it is a short term thing, a month, not that biggs after deal and here's the reason why. remember when obama and republicans were flirting flirta shutdown. neil: 2013. >> yeah they did. neil: only couple weeks. >> only couple weeks. obama was, tim geithner, they were really threatening to say we'll not prioritize anything. we at the time but that is what they were doing. i really believe that this, this government, steve mnuchin an president trump and gary cohn, the economic sort of, you know, people here will pay the debt first. so if you take the debt, not defaulting off the table, even if they defaulted for a week or couple payments that could cause a massive disruption t

get "the wall street journal" editorial board, mary o'grady, charlie gasparino, independent women's forum. patrice. patrice what do you make of the backup in rates, does it worry you? >> it worries me slightly. it is important to keep rates down and we're doing very well. if the rates are driven about china potentially pulling market we borrowed from them, that is a case for worry. we have such a high market and taught economy right now it is something to keep on our radar. neil: mary, we explained china is thinking about halting additional treasury purposes. i don't think they have been making a lot of new ones. i could be wrong. japan said much the same. should we be worried? >> i'm not wore i had at all about the 10-year. neil: it is still very low. >> not only that we're hoping to get back to a normal yield curve. longer term bond should have higher yields and this very flat yield curve, i don't think was good for the economy. you know, if we were talking about an inverted yield curve, that is different thing. neil: let me explain flat, the gap between really short-term rates and long

we have charlie gasparino with us right now. charlie, we hit a record on the dow. the nasdaq racing along on the idea that the trend is the friend here. whatever the back and forth on memos and who knew what at the fbi et cetera. seems like these guys are just interested in the deals. what do you make of it? >> i'll give you a little insight. remember four or five months ago, when the charlottesville thing went down, trump's response to the riots which people thought wasn't right, a lot of ceos boycotted his business council. j.p. diamond, steve schwartzman from black stone. since that time and particularly since tax reform, just the opposite has occurred. jamie diamond is in davos scheduling conflict prevented him from seeing trump this afternoon, but lo and behold, he met with trump privately last week in d.c. where he enthusiastically supported his economic agenda. so he's got a convert, jamie diamond. steve schwartzman, on the business -- boycotted after charlottesville. he's been meeting with trump regularly and met with him today as part of other u.s. busines

charlie gasparino and i were just, just now talking about the dollar, the index itself, tracks all the currencies. lowest in a few years. treasury secretary steve mnuchin started all this rolling, a weaker dollar is actually good for the u.s. technically what he is referring to are large multinational companies that benefit from a weaker dollar when that does happen but to structure it as a policy we would recommend, some people say that might be a leap too far. we'll get a sense where the president stand if he wants to bring this up when he goes to davos tonight. he will be there bright and early tomorrow morning. blake burman is there with the very latest what kind of reaction it is all getting. blake? port pour neil, normally the tradition of treasury secretary to uphold a strong dollar. steve mnuchin said during his confirmmation testimony. on the ground here he said a weaker dollar might not be such a bad thing after all. this is the comment right here, that is gaining all the attention led to the chart you popped up on the screen. mnuchin saying the dollar quote, where it is in t

charlie gasparino on what he makes of all the back and forth. it is a michael wolff book.tories are incredible. >> writing is amazing. he is a very good writer. neil: apparently this speed pass he had to constantly get in the white house. >> amazing he got that. be clear. i have written five books. i wrote two national best-sellers, never reached the level -- neil: those other three you made up. you remember that? >> here is the difference between my books and books like this. i write books about finance, and business and people in the financial world that are not necessarily public figures. neil: i do coloring books. >> you are trying to get me off track. the libel lawyers at heart per collins, they are all over you. did you call this guy, you call that guy. you couldn't get away with the some of the stuff with michael wolff. i believe everything bannon came out the his mouth is accurate. the problem is the other stuff. do we know roger ailes, our former boss had it with bannon. we know it from bannon's mouth. we know, roger died past may and could have done this before,

neil: me and gasparino. we like each other. >> but i gave you a shirt. neil: can't tell you what it says. >> they both bring to the table this idea we're businessman that can be pragmatists and come in. they approach things very, very different. they can't help but ignite. >> the intangible is trump, right? every time you see the great economic numbers and he give as good speech or looks presidential he does something insane and party starts worrying about it. neil: even yesterday taking credit for -- >> i have a very, aviation, no accidents. >> you have a lot to brag about. why know why you muddy it with tweets. >> how did that pop in his head? neil: we got numbers out. it was the safest year for airline travel ever. >> he keep as list of achievements of all he says, he says if i don't tell story of all good stuff happening nobody else will because there is so much negative coverage. >> he says his hair is real. >> i believe that. >> i believe it. neil: could you be a bigger idiot? >> i'm sorry. you agree secretly. neil: that is his hair. >> he has a be

charlie gasparino, steve leeb, liz macdonald. do we have to slam them?hey have a lot of debt, college debt, get in as soon as they can. >> all the private schools taking fine arts, doing -- and they make -- no wonder they get jobs as baristas at starbucks. >> they really don't get barista jobs. >> they actually do. >> they don't. >> everything is done on facebook, and they don't really appreciate, you know, what's going on in the country, i mean -- >> it's all social media to them. >> it is social media, and the problem with social media is they lived in the cloistered little circles and only hear what their friends are doing. neil: pay attention to the rally, charlie, say they did get involved in the market now. we had a guest saying earlier i see dow 30,000 this year. you could make the argument, you are late to the party but the party roars on. >> john tobacco said that, the dow rallied 25% last year to. hit 30,000 would be a 20% rally this year. is it possible with earnings growing and multiples staying the same? neil: no. >> earning growth? >> and t

up next, charlie gasparino has the inside details on the new battles facing the industrial giant, ands for your money. it's a new twist and charlie is about to break it next. building a website in under an hour is easy with gocentral... ...from godaddy! in fact, 68% of people who have built their... ...website using gocentral, did it in under an hour, and you can too. build a better website - in under an hour. with gocentral from godaddy. . liz: general electric now below $17 a share, the fourth quarter financial results giving investors nothing to cheer about. an 88% decline in profits and as if that weren't bad enough, investors thrown a bigger curveball with revelation that the securities and exchange commission started investigation into ge. stock down 2.33%. charlie? >> let's unravel this, the stock was up premarket. remember that? it was doing okay, the earnings are down 88% but including the charge that came out last week. if you take the charge out, it looks like things are getting better. investors saw, that started trading up the stock before john flannery, ceo said the secu

i'm joined by charlie gasparino and katie, gary. the president at some of these initiatives has been talking up just this. listen. >> streamlining and expediting requests to locate broad band facilities in rural america. might as well be efficient. we'll do the other one. nice job putting a mic at that table, folks. supporting broad band tower facilities in rural america and federal properties managed by the department of the interior. those towers are growing to go up and you're going to have great, great broadband. thank you. [applause] [cheers & applause] [applause] [cheers & applause] >> thank you, everybody. >> neil: all right. i note that lamar alexander behind him as well. it's bob corker that just amazes me right now given their war of words the last couple months. he joined the president on air force one and they struck up a friendship. the president is not too shabby of a golfer. they seemed to have buried a hatchet here. whoever was in charge of the microphone at that desk has now disappeared. we can't track that individu

marti feldstein did have a piece, marti feldstein had a piece in "the wall street journal," charlie gasparino referred to it saying stocks are headed for a fall. his piece, marty feldstein deals with the effects of the federal reserve board, the elephant in the room marred at this doesn't talk about the effect of at that timetax cuts. if you talk about the fed alone, maybe that is the case but he didn't talk about the tax cuts. that is why the market is booming, right? >> david, not to good too wonky, i've been on wall street two decades. stock market rallied over last decade, main street did not artificially low interest rates that practice at this forced money into the stock market. what we see now the stock market rallying like gangbusters, setting record after record while interest rates are rising. that is a great sign for america. david: it is. >> that means the markets believe in real growth, not artificial asset allocation. they believe in the trump agenda. they believe in repatriation of capital. this is important, david, not just wall street doing well, it is main street. we're seei

fox business charlie gasparino is joining me.t as though, this is so politicized, that there are democrats out there that do not want to accept or believe the economy or the markets are doing what they're doing because that would mean they would have to actually credit this administration with something and they clearly are not willing to do it. >> they sound like a bunch of scrooges. when you are, i mean, the guy brings up, oh, they give bonuses all the time. when was the last time you heard of a rash of bonuses going back to workers from companies that are going to get a tax cut? i haven't heard that. certainly didn't really happen during the obama years, you could barely -- there was no wage growth during oat xwam a years. where did this -- during the obama years. where are the tax issues? those are fake, phony, liberal picayune things, he doesn't want to believe if you lower the corporate tax rate it lowers jobs and people benefit. where this thing has issues is in some of the details that are a little messy here and there. y

we have heather here, and charlie gasparino. heather, help me with this. what went down? that's a stock market ultimately wins out in the long run and president trump is right to tout the markets. he has the best first year since inauguration since roosevelt. the dow is up 23%. whether or not you own stocks, that's a push-back, not all americans own stocks, you have to look at if not directly then through a 401(k) or through pensions and the fact that the economy is growing and booming. the market wins. >> neil: what do you think, gary? >> the market is ready to finally give some back. that's not a big deal. you have to realize, $8 trillion of wealth has been gained. that is gargantuan. that is 8,000 points in a matter of 15 points. it's normal as normal could be to pull back a couple thousand and lift off to the end of the year and i'm hoping the president is careful when we do drop not to put, you know, water on it. let it be and let the market do what it has to do. >> neil: charlie? >> you know, i not so sure it's going to end here. it's going to end at some point. thi

when people say horrible things about charlie gasparino, i seize on the good. there is a good human being. >> you almost became a priest at one point. neil: yes i did. performing an exorcism on you. >> the power of reagan compels you. the power of reagan compels you! neil: on that we bring in one of my favorite people on the show, "barron's" editor-at-large, jack otter it. we're looking at this is the market response, looks like they're getting a heck of a lot more yeas than they counted on, maybe 80 when said and done, they felt best interest to end the drama, reopen the market, what do you think of the market reaction and everything else? >> this market reaction has been a yawn. nobody expect ad protracted drawn-out closure. as charlie said other forces are moving the market other than what the government is doing. that is yawner. look at earnings season. neil: we never say yawner because people click off when you say that jack you know? >> i just exposed my print and dot-com roots and tv experience. neil: there were a couple of provisos attached to this wher

charlie gasparino give me the details. >> you haven't heard a lot about this case to break up the at&t deal by the trump justice department, but i can assure you a lot is going on behind the scenes. talking to lawyers involved in the trial, and here's what we got. d.o.j. right now is taking depositions from at&t and time warner executives as the run-up of the trial begins, sometime in march. at&t attorneys are taking depositions from industry executives. people from other companies, like charter, like cox. those are the companies, like possibly united states. twenty-first century fox, and possibly disney who are going to sell assets to. these are companies that may be witnesses for either the government or at&t as this case goes forward and depositions are being taken right now. as i said, liz, the trial is scheduled for march. it is one of the most closely watched events in the telecommunications business because if you notice, there's only one other company that does what at&t and time warner is doing, merging distribution with content and that's comcast as it bought nbcu, that deal

admit he's renewing talks to break up the shrinking conglomerate which is something our own charlie gasparino had predicted back in october. here is what it is so let's at least look at the positive and it was merck the pharma giant announcing its lung cancer drug keytruda, was part of a combination trial along with two other chemotherapy drugs and that trial showed the combination treatment prevented lung cancer from worsening in patients and then those patients lived longer. a lot of hope going into the stock right now. it's still up 6 2/3%. united health the second biggest mover on the dow says thank you to the new lower corporate tax rate not only did the insurer beat on profit estimates that came out today but raised full year forecasts saying thanks to lower federal taxes, the company will speed up technology investment that will in turn cut customer costs so united health is up about 2%. a hostile chatter right now, hostile standoff chatter boiling up right now around qualcomm look at the stock up 4.25% the leader on the s & p and the nasdac. the smartphone chip giant speaking at this

to charlie gasparino, did trump, you know, did he change the news cycle to the point where the mainstreamnow -- they don't have to even give it lip service. before they would give lip service to some of this good stuff, now it seems like they don't have to mention it at all. >> yeah. it's hard not to mention it, though, because it's so stark. i mean, listen, i'm a -- i think, i think president trump acts like an idiot sometimes. i mean, comments like that, that's not a private setting, by the way. you're in there with other congressmen. there clearly, there's no chatham house rules when you're in these conferences. it's not off the record. people can talk about it afterwards. so to think it's private, is absurd. let me -- charles: well, the president could have thought he was amongst a -- >> if he thought that, that's doubling down on idiocy. the problem with president trump is this: policies, real good, the man himself says dumb things, and he takes the emphasis off the very good policies. by the way, there is a legitimate debate which i'm 100% in his corner for, how can you have open bo

not to defend you, gasparino. neil: about his colleagues. >> i was going to say. >> significant story about leverage. democrats think they have it largely because of that. they may be right. they may be right. neil: we could face another short-term continuing resolution, the fourth one. >> yeah. neil: that's weird. >> yeah. you know, you get that when you have, you know when you have competing interests within parties and you know obviously two parties with vastly different idealogical agendas. >> very close numbers. >> very close numbers. very interesting when you hear about all the republicans retiring. the republicans really do have issue in the house. i talk to house members, oh, it is not going to happen, it is not going it happen. we'll not lose the house this year i don't know. >> it is close. >> look what it means if the republicans lose the house. it means that the fiscal agenda of president trump become as lot more difficult. almost becomes -- neil: do you think that is actually happening. >> the republi

as charlie gasparino knows as well. we're up 6%. that could telegraph 13% or so advance on the dow this year. what do you make of the come back today marketwise versus yesterday? >> that is interesting you and i spoke about it at the top. show before your coverage last night, a lot of traders came in betting he would have a very strong inaugural address, excuse me, state. union address, strong in the sense that he would act presidential. neil: stablize things. >> as he did last year. neil: see futures ticking up. >> futures went up. they were up almost immediately. kind of strong. neil: stayed. >> and they stayed. i think the presidential trump is something the markets like. obviously there are other factors here. earnings, boeing announced some. neil: boeing is disproportionate part. >> stocks were disproportionate part of yesterday downdraft. it is clear the markets love a stable president. they really love a stable president for deregulation and cutting taxes. the markets really like that. i think, i think people are underestimat

schaefer here, the herald group vice president of public affairs, last but not least our charlie gasparino. sarah, the market backdrop for this, it is one day, it has been a very strong incredible market, but i did notice what has been around, it is getting undue attention in the media. >> exactly the president trump owns the stock market on the way up. he will have to own it on the way down. that is always a risk for being cheerleader in the market. neil: this is a blip in scheme of things. another thing if it accelerates, right? >> exactly. all the outside attention he gives to the stock market versus previous presidents creates something of a bubble. but he has plenty of other good economic news he can tout in the state of the union speech that has nothing to do with the stock market. neil: sabrina one. backdrops he is referring to, economy itself, strength is picking up. all the companies sharing lower tax rates and sharinging bounty with workers, more than the white house thought. is that a big theme? >> absolutely should be. the stock market is one data point how the economy is doing

to fox business network's charlie gasparino and to connell mcshane if the economy has wind at its book will this ultimately help the republican party, connell? >> this is biggest story of the year in some ways the split between these two things because there is nothing in the economic number, this walmart news adds to it and other stories we have and will add to it, should be stopping republicans politically but in the same "qunnipiac poll," 69% of the voters say the president is not level-headed. so you still have a challenge for this white house i think they're aware of, speaks to what the meeting was at the white house early this week they have to address. if you have a president seen that way, even if the number is inflated a little bit. you still have a challenge politically no matter how good the economy. >> let's back up, say what the poll said, it was mainly about the economy. charles: the poll was on the president. economy came down lower. let me do it for audience. >> but my point is this. charles: before you make your point, audience should know the sample size. 34% democrat

charlie gasparino brilliantly on this, just today in the "new york post." we have nan hayworth. we have democratic strategist, moo i can call star hopkins. charlie, go to you. not real crazy response this market, this economy has had to the supposedly not stable, crazy president. we should have more such encounters. >> his approach to the economy has been very good and very stable if you think about it. neil: right. >> back up a minute. if the corporate tax rate is at 35%, and the rest of the world is at 20%, what is unstable about the idea of bringing down closer to the rest of the world so you become competitive? businesses are screaming that they can't hire because of too much regulation that was imposed during the obama years. what is so crazy about loosening that regulation so they might hire again? contrast that to the very stable, tightly-wound president obama and, think about this we came out after financial crisis which i covered almost like the world series, even though it was like one of those, when you went to bad at night you were seeing bread lines. it was bad. wha

charlie gasparino, does he make it things worse? >> i hope i get an wayward. charles: i think you're up for a couple. >> trump hater of the year. charles: definitely in there. >> here is the thing, it is fascinating from a business standpoint the attacks on the press have backfired tremendously on the president because as right as he is about the liberal bias of media, we all know that exists -- i worked in the mainstream media so-called, i consider us mainstream just so you know, what is nominally considered mainstream media, i worked at "wall street journal" before rupert murdoch bought it, i worked at "newsweek" magazine, beef it implode into something is isn't now, it was a real magazine, new york news day, there is liberal bias. the reporters are openly sustain conservatives. i think it has backfired. he bailed out "the new york times." he bail out cnn the ratings are up. our ratings are up. everybody's ratings are up. he is really good for business. the notion if it is to put media back on heels, hurt the business model. he is having the opposite effect.

charlie gasparino -- >> i'm blown away by the last report. neil: do you believe that?e'll take half your tax riches. >> not just rich companies. small businesses. neil: everybody. if you want to tax them, tax them. say go ahead, uphill fight. you have dibs on half the federal tax cut. >> a lot of crazy stuff happens in california, the hippie movement, all that add this to the list. neil: i don't even know if it is legal, what about mr. cohen? >> when you think of major gop fund raisers i think of sheldon adelson. bernie marcus is up there. ken langone another guy up there, both home depot cofounders. neil: sheldon is in casino. >> sheldon is in the casino business. the name coming up right now is kind of interesting, steve cohen the hedge fund impresario, if you remember three or four years ago the feds were targeting him for insider trading charges. they shut down his hedge fund. charged his hedge fund with criminal insider trading. negative charged him. securities & exchange commission commission brought a civil charge later got dropped. some. people involved in that

charlie gasparino, realpolitiks, reporter caitlyn huey burns and "national review" contributes editor, deroy murdoch. begin with you, end with you. there is a dichotomy and a split. someone is nuts. who is it? >> who are the people a month ago on the first anniversary of the election outside in public parks screaming at tops of their lungs. these people opposed donald j. trump. what was donald j. trump doing a few weeks ago? negotiating and making decisions on biggest overhaul of the tax code in 31 years. these are complex and details he had to make. from all reports he was involved in this. that did not look to me like the work after madman. neil: what do you think? >> this administration has a a t to tout, tax reform being chief among them. big legislative accomplishment. unraveling of regulations under obama administration, whether or not you agree with them, you count that as accomplishment, the judicial appointments are huge. the president is tweeting what he wants to talk about. the nuclear button with north korea. engaging the author of this book about the question of mental st