gerry: charles, financial markets? going be a fascinating years can be volatility, we see a couple big episodes of volatility in the markets and part of this is a big shift towards sort of a factor investor in other ways that people think about the markets is not just i what do i want to buy microsoft or apple? but i want to have exposure to these technical factors inside the market. a lot of the step is driven, the behaviors driven at the end of last year end that something to keep an eye on for the coming year. trade obviously a big concern, the economy broadly speaking is globally speaking a big concern. there's a lot of things to keep an ion in the financial markets i think payments is something were going to see a thing in 2020 facebook had its attempt with the leverage to try to rethink the payment system. and i think that is something to keep an eye on and think there's a bunch of banks who wants it closer to customers and being away from being just pipes. this is can be an area this can be pretty interesting. g

gerry: is not unprecedented customer. >> no.erry: let's look at what was occupying her tension yesterday which was the complication of the report of the justice michael horwitz into the origins and the conduct of the investigation of president trump and his associates around the russia allegations about collusion with russia. mr. horwitz in his report said yesterday, we concluded that the fbi had an authorized purpose when it opened crossfire hurricane, that was the name of the given to the investigation, to obtain information about or protect against national security protects and crime. you said a response that yesterday the fbi and launch an intrusive investigation of the thinness of suspicions which were insufficient to justify the steps taken. could you tell us what exactly, where you disagree with mr. horwitz? >> well first let me say that i think there are three parts or issues, let's say categories of analysis in the report. the first is was the investigation adequately predicated? the start of it? the second one is how

gerry: my guest is catholic scholar joan weigle. george tell us about the book how the church is changing, church is not embracing but actually changing. >> would talk to moment ago about the role john paul ii and liberating central eastern europe from communism as we one example. in the course of this encounter, since the french revolution the catholic church developed a social doctrine or they talk about society economics culture, it's rooted in a biblical view but which engages the modern quest for freedom, prosperity, and solidarity. and tries to put on the secure foundation. i think that's the greatest thing the church does for a late but a tea or postmodernity today. it's to say look there are truths built into each of us as individuals and into the human condition. those take into account of and allow us to flourish, and allow us to live freedom notably rather than in this dumb down i did it my way, notion. be nine we have to address the terrible scourge of child abuse which has been so, has unfortunately been so widespread t

gerry: charles, financial markets?'s going be a fascinating years can be volatility, we see a couple big episodes of volatility in the markets and part of this is a big shift towards sort of a factor investor in other ways that people think about the markets is not just i what do i want to buy microsoft or apple? but i want to have exposure to these technical factors inside the market. a lot of the step is driven, the behaviors driven at the end of last year end that something to keep an eye on for the coming year. trade obviously a big concern, the economy broadly speaking is globally speaking a big concern. there's a lot of things to keep an ion in the financial markets i think payments is something were going to see a thing in 2020 facebook had its attempt with the leverage to try to rethink the payment system. and i think that is something to keep an eye on and think there's a bunch of banks who wants it closer to customers and being away from being just pipes. this is can be an area this can be pretty interesting.

gerry: my guest is catholic scholar joan weigle.rge tell us about the book how the church is changing, church is not embracing but actually changing. >> would talk to moment ago about the role john paul ii and liberating central eastern europe from communism as we one example. in the course of this encounter, since the french revolution the catholic church developed a social doctrine or they talk about society economics culture, it's rooted in a biblical view but which engages the modern quest for freedom, prosperity, and solidarity. and tries to put on the secure foundation. i think that's the greatest thing the church does for a late but a tea or postmodernity today. it's to say look there are truths built into each of us as individuals and into the human condition. those take into account of and allow us to flourish, and allow us to live freedom notably rather than in this dumb down i did it my way, notion. be nine we have to address the terrible scourge of child abuse which has been so, has unfortunately been so widespread to th

gerry: is not unprecedented customer. >> no.erry: let's look at what was occupying her tension yesterday which was the complication of the report of the justice michael horwitz into the origins and the conduct of the investigation of president trump and his associates around the russia allegations about collusion with russia. mr. horwitz in his report said yesterday, we concluded that the fbi had an authorized purpose when it opened crossfire hurricane, that was the name of the given to the investigation, to obtain information about or protect against national security protects and crime. you said a response that yesterday the fbi and launch an intrusive investigation of the thinness of suspicions which were insufficient to justify the steps taken. could you tell us what exactly, where you disagree with mr. horwitz? >> well first let me say that i think there are three parts or issues, let's say categories of analysis in the report. the first is was the investigation adequately predicated? the start of it? the second one is how

back to you. >> gerri thank you very much. melissa: divided on how to lower drug prices nancy pelosi's cost cutting bills have been through the house but the controversial details may face a very big hurdle in the senate. we're live at the white house with the latest on that next. >> plus big tech on the 2020 stage apple is taking a bite out of the debate process, as some critics say the move could back fire on the tech giant, we'll tell you about the chances of that happening. melissa: this is a parent's worst nightmare, amazon under fire after a hacker asked us to camera in a child's bedroom. the terrifying details and what you need to know about the security risks. >> i'm your best friend. >> i'm santa claus. >> mommy! what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. ro

it's manmade, despite of the drought,s gerry said. we're very pleased that the united states has stepped up, already put about $170 million toward food security. the british and the european union have as wel but the people of zimbabwe deserve >> nawaz: that mismanagement, that corruption you mentioned, it's sort of alrming for people to think about how a couny can go from being the continent's bread basket, as we said in the report, to this downward iral where people are struggling for basic needs. how does that happen soickly? >> it happens when its leaders take all of the money that they earn through selling minerals, as they sholuld -- gd, plutonium, they're a veryal y country -- and put it in their pockets. and you have to think, they had over 1300 dams. they're no longer maintained. the wells are no longer maintained. ople with are digging bore holes to get water, and that makes -- they keep digging deeper and deeper, and there'sa lesser, and it's exacerbated by the drought andlite change. >> gerry, u mentioned some hard choice

gerri: the place is lousy with them. liz: thanks, gerri, very much. first there were blood diamonds, but now, blood batteries? with the closing bell ringing in 33 minutes, s&p still up three, dow up 18, no, sasdaq up 19. apple, alphabet, dell, microsoft, tesla, just charged with aiding and abetting the child labor used to mine a vital element contained in lithium ion batteries that they use and make. we will tell you about the lawsuit that accuses some of the richest companies in the world with looking the other way, as children in the congo get maimed and even killed while earning just $1 a day in dangerous stone age mining conditions. that's straight ahead on "the claman countdown." as a doctor, i agree with cdc guidance. i recommend topical pain relievers first... like salonpas patch large. it's powerful, fda-approved to relieve moderate pain, yet non-addictive and gentle on the body. salonpas. it's good medicine. hisamitsu. ugh, another electronic signature. you have to print, walk, sign, scan, recycle, walk, email yourself... really? more walking

gerri willis to run us through it. gerri? reporter: what a great quarter this company has had.of 58 cents a share. blow out on top line, bottom line similarly better. 10.09 was expectations. 10.33 billion in revenues what they got. very good news. i think investors are definitely focusing on statement about gross margins. slightly disappointing because higher product costs due to incremental tariffs on north american goods. so tariffs rearing their ugly head in the earnings report. we have a few other things going on here. greater china revenues, higher up, 20% for nike. north american revenues up 5%. but i got to tell you, stock is down 2%. chopping trading after hours. that is because gross margins, just a little bit narrower, because of higher product costs due to the tariffs. back to you. connell: everything else looks good. thank you, gerri. melissa: obamacare unraveling. federal court upholding a ruling that the individual mandate sun constitutional, paving way for entire affordable care act to be dismantled nearly a decade after first signed into law. let's go to fox new

gerri: i'm gerri willis with today's fox business brief.iper jaffrey getting hot on cooler giant, after visiting the new chicago store. analyst peter king predicting the ice chest maker to open numerous metropolitan stores across the country in coming years. it's in the green, up 136% year to date. >>> meanwhile, comcast reportedly in advance talks to buy video streaming company xumo. the telecom giant hoping to bolster the april debut of its digital service peacock, the future home of binge watching favorite "the office." comcast up 32%. >>> starbucks starting the new year festivities five days early, brewing up 1,000 popup parties across the country through the 31st. customers can join the celebration from 1:00 to 2:00 p.m. locally each day and receive a free espresso beverage. starbucks up 37% so far this year. >>> up next, whether you should ever get into a 737 max jet from boeing. "the claman countdown" coming right back. beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in w

i supported gerry ford because i thought gerry ford did a good job coming in with the circumstances he came in with. i will never forget his first state of the union address in which he said, "i am a ford, not the lincoln." i thought that was very good. i'm not necessarily top-of-the-line. i was not elected to this office. i was selected and confirmed. and i'm not a fancy guy in these media times. it was just a it was just a humbling thing. i think he did reinstate faith in the people in the government to do the right thing. i thought he did the right thing pardoning nixon. because of the circumstances he came in under, because he was the incumbent, and because i had a relationship with him, i admit, on a personal basis, i supported him for election as president in 1976. but my heart was really with reagan even then. but i felt like ford deserved a chance after what he had been through to try to get it in his own right in four years. so after four years, i was very anxious to get on board with reagan. i thought we needed reagan. i thought it gave me a chance to make up for what i felt

gerri: i'm gerri willis with today's fox business brief.oftware giant adobe soaring above the competition to a new record high, a 22% jump in digital media revenue pushing it past estimates on both the top and bottom line. the nasdaq's number one performer currently up 4.5%. >>> and the parent company of michael jordan's favorite brand being torn apart. hanes being downgraded to underperform, the brand could find itself in the loser column in 2020 as sales momentum slows in the u.s. >>> despite keeping up with the kardashians, coty having an ugly day after a price set by wells fargo [ inaudible ] but the $600 million purchase of the cosmetics brand not enough to get wells off the sideline. the brokerage maintaining an equal weight on coty shares. up nearly 71% year to date. >>> up next, economic heavyweights telling you whether phase one will push the u.s. economy into a new stratosphere and their take on vice chairman richard clarida telling liz moments ago what he thinks of the trade deal. "the claman countdown" will be right back. beyond

no we don't claim that he isn't with gerry woodward just claimed that russian authorities russian secret services cover him because no one except russian authorities could delete name the ones in christ from all that data bases it was impossible also he got fake passports and could travel abroad with it without any problems and the press sport itself was issued by the russian government so it wasn't really fake it was just one fake identity so that means that russian secret services we don't know would it be gerry you or fs there are obvious we know that they helped him but she himself we think that he was actually a mock at guys because he was a killer in another assignation in moscow so he looks like just them. gangster who were. recruited by russian secret services yes journalist roman broke it off joining us tonight helping us connect the dots in this murder case that's become a diplomatic row now thank you rym thank you here's some of the other stories now that are making headlines around the world iran's president hassan rouhani has called for the release of innocent people arreste

hi, marcus, gerri. >> gerri, nice to meet you. [horn honks] this is the whole kitchen?> this is the entire kitchen. >> this kitchen is tiny. i'm shocked by the size of this kitchen and the lack of equipment in there. i don't know how she even cooks anything, let alone contribute to the $500,000 coming out of her department. be nice if you had more space. >> it would be great to have more space. that's the biggest problem we have. when we're plating at night and a full bar of 75 people, it's really hard. it's tight. [car alarm chirps] >> just hearing from some of the other team members about the place, i think the biggest thing is there is no leader. >> no. >> no? when i was called to come here, i think they assumed that i would just come in and just write a check. >> yeah. [laughs] >> and the reality of it is, is that i am not convinced yet. >> are you the grim reaper, or--[laughs] >> me? >> yeah. >> sometimes. i don't really know where the leadership is. i don't know who the owners really are. >> if there's changes to be made and sacrifice to be made, we're willing. >>

okay, gerri what did traders tell you? gerri: deirdre i have to tell you this is sort of almost exactly what they expected. you saw the trading rates today it was really pretty narrow. traders were expecting the fed to stay on, and it did. look even the pressure afterward s not too surprising. let me tell you though what happened as a result. tiny bit of a flight to quality here, gold higher, the 10 year treasury yield lower, that suggested that some people taking a little bit of risk off the table, but the economy and focus here as you know, the fed is saying we're expecting the economy to grow at 2% rate in 2020 next year, and who agrees? well the business round table saying that we see growth and this is expressed as a 2.1%, they are lowering their outlook. why? well the ceo jamie dimon whose also ceo of jpmorgan saying we need more progress on trade talks with china. so if big ceo's are rattled what do small business operators say? they are very encouraged in fact the sentiment indicator for small business operators at

gerri willis has the details. gerri: that's right you got that completely correct. not guilty is what the judge said in the case by the new york attorney general against exxon. the charge that they defrauded investors about how it accounted for future climate change. the judge said no, not guilty. this is a three-week civil trial and pretty much expect that this would be the result. that's why you see that the exxon shares are not having a big run. in fact they ended up a little bit down, more actions, class action suits coming in massachusetts, texas, and new jersey. we'll see how those go, but for right now, it's going to be a lot of happy people in the boardroom at exxon. back to you. >> gerri thank you very much. breaking his silence on the peloton controversy ceo john fol ey invaded questions about the company's ad, some critics called it sexist and he said " that was last week. we don't have to do much in order to become one of the great consumer companies of the next couple of decades." the actor, by the way, who played the husband in that ad telling fox busi

gerri knows all about that. gerri willis joins us with a look at the leaders.et's take a look at the dow. nike leading the dow higher. lots of headlines on that company this week, on kaepernick's shoes. the company selling out almost immediately on colin kaepernick's shoes. you will remember him take a knee. meanwhile, boeing helping as it has all week to propel the dow. dennis muilenburg is out. we have a new ceo in, david calhoun, impressing investors by immediately reaching out to the faa to assure them he was going to try to work with them to get this plane, 737 max jet, into the air. just to show you how broad this rally is, the s&p 500 leaders, just a real range of stocks here. amcor, international flavors and fragrances, century link, networking services, amcor packaging, so across the board, lots of interesting stories there. one you have to hear about is michael's. the arts and crafts retailer up last i looked, oh, my goodness gracious, up even more now, up 19.5%. they have a new ceo, they have hired a top walmart executive to come in and run the joint

gerri willis has the action there this evening. gerri? >> report records across the board.he dow hitting 23rd red colors. the 107th under president trump. s&p 500 breaking new ground, up 30 points for the record close. nasdaq through the 9,000 level, first time ever. very big day for the nasdaq. its 10th record close in a row. that is the longest stretch in 22 years. a very big day down here. a lot of optimism being propelled in part by a positive economy, strong consumer performance holiday sales, propelled by online purchases. online sales continue to set the pace, rising 18.8% for the holiday shopping season. growth of in-store sales up 1.2%. digital share of the total holiday sales, 14.6%. recession worries, obviously easing. good news also about china and trade. at the end of the day we're seeing positive finish for what looks to be the day, the year and the decade. that could be tuesday is the last trading day of the year. so we'll get all of the finals in. back to you. blake: trifecta we'll take. gerri willis on floor of the new york stock exchange. thank you. add it

and in our gerri is a presidential election 4 out of 5 candidates have either claimed victory or say they are going through to a runoff at the end of the month official results are expected later on friday but regardless of the outcome tens of thousands of protesters boycotted the election they tore up their ballot papers and called it a sham maybe i'm a little if i have to has ordered his forces to advance towards the center of tripoli for what he's calling the final battle for the capital he said his fighters would soon be victorious in taking control of the fiercely contested city he launched the tripoli offensive in april right you're up to date with the latest headlines from us here about jazeera coming up next it's technically. from the al-jazeera london broadcast center to special guests in conversation when your government is going after what you do unprompted uninterrupted we have a deep state and in this teligent service to whatever they want to whoever they want whenever they want the trees color is nice locate the black people for as long as we've been fighting that have

melissa: gerri, thank you. connell: now as we look forward, betting big on 2020. stocks are poised for another year of double-digit returns, at least according to the analysts at piper jaffray. so love these segments this time of the year. are they right? will ryan joins us, granite shares ceo. crystal ball type of december talk. not only piper jaffray, but bank of america merrill lynch, talking about risk assets melting up at the beginning of the year. what is your out look for stocks heading into the new year? >> they're, connell. increasingly people are getting very excited about 2020. a lot of bullishness in the market. i think down to probably three major factors. one, more positive news coming out, particularly around the china trade deal. the fed has been increasing the balance sheet pretty significantly. i think coming into the election there is optimism that the president and the administration will do whatever it takes in terms of -- connell: you buy it, essentially? >> i do. i think i'm positive for next year. we obviously out of the uk a big market bou

gerri willis with details on that. gerri? >> the markets undoing some of yesterday's damage. the dow ending up 146 points after the dow was down 280 yesterday. and leading the dow higher today, we have jpmorgan chase, goldman sachs, j&j. banking stocks overall higher on rising treasury yields. the whole sector doing better. j&j had good news, saying yet again, its talcum powder contains no be a asbestos in it. fda still says it does. look at that number. 67,000. what does this mean for november jobs out friday. consensus 140,000. traders day that it may be difficult, i'm sorry, 180,000. traders say it may be difficult to reach that number. oil higher today. saw inventories coming in lower than expected. the first u.s. crude weekly supply decline in six weeks. that where we saw good news there. google cofounders, big headline for the company. sergey brin, larry page, stepping down. they have been ceo and president. the two will remain on the board. they control a majority of the voting power of the company. the company's 21 years old. so big news for google. shares higher ther

let's go to gerri willis with more on that one. gerri? >> what a day here. we're ending down only 280 points on the dow, when it was down 457. after 11:00 a big rally in that index. s&p 500 down marginally. down half a percent. the nasdaq though on the longest losing streak since september. we'll talk about the big tech stocks that sold off earlier, particularly apple. really the poster boy for any conversation about trade. as you can see, down 1.8%. but most of these stocks rallying from their lows today. facebook and amazon as well. let's talk about facebook for just a second here. zuckerberg facing another vote whether they will split the chairman and ceo rolls. and netflix, a citi analyst initiating coverage on the stock. netflix needs to hike prices for future growth. he says that the current share price will not sustain valuations. so an interesting story there. but i have to tell you, the big story from my vantage point today is the huge rally, after 11, and the recovery of this market. people down here saying they don't buy this idea that the preside

gerri: that's probably true. stuart: tractor lady, gerri willis.e. i say this a lot on this program because it's true. america is energy dominant. there is a downside. we have so much oil that shale communities are seeing a slowdown. i will talk to senator john hoeven about that, he's a republican, north dakota, big shale state. i want to know if his state's workers are really feeling the heat. i think they are. >>> president trump in michigan tomorrow night for another rally, going after those battleground states. he only won that state by .3% back in 2016. laura cox is on the show, michigan gop chair. the third hour of "varney & company" just getting started. ♪ you don't use this old thing, do you? no! or how 'bout this dinosaur right here? nope! then why are you still using a laser printer? it's got expensive toner cartridges. but this... is the epson ecotank color printer. no more expensive cartridges! big ink tanks. lots of ink. if you don't think this printer's right for you, just pick up your phone... (chuckling) ...and give me a call. the e

let's go to gerri willis with more. gerri: what a strange day we finally get that trade agreement and the market shrugs. the nasdac and s&p closing at record highs, s&p 500 on pace for its third straight week of gains up nine of the past 10 weeks so good news in the markets even so, i want to tell you though about those lackluster retail sales we got out this morning coming in up $ two tenths of a percent, we expected up half a percent, didn't happen, and in fact in bars and restaurant sales were actually lower, so that was not very good news. you can see the retailers here, mixed situation target, tj maxx, macy's all down, lowe's higher seeing a little energy here from walmart, but the rest of those stocks lower as well. what retailers are saying as you well know is that it's a shorter holiday spending season and they're blaming it all on that but you probably think this too. i've heard that excuse before, back to you. melissa: absolutely, gerri thank you. >> a milestone deal, beijing and washington, reaching phase i o

flight controller gerry griffin was at mission control in houston as the world watched in awe.ade up of a bunch of young people. i was 3a and i was one of the older guys in the room. i think we all felt that nobody has ever done this, so let's just do it. there was a routine from launch, i would say, to the point of going into lunar orbit. the final phases of the descent of apollo 11 were kind of fraught. we had two computer alarms saying that the computer was being overworked. they took a quick look to make sure all the guidance was correct. quickly gave them a go. so it was dicey, and then they started running short of fuel, and we were concerned. you heard 60 seconds, 30. it was in neil armstrong's hands at that point. neil was a very, very good pilot. he could already see that the computer was taking him into a boulderfield, so he had to manoeuvre to try to find a smooth place. and the fuel gauge was headed down, and we were watching it. and it was nerve—racking. i never will forget when buzz aldrin said we were picking up dust, he did that a little less than 100 feet above

want to do but really kind of begs a question because you know i think that's one of the and i think gerry cordons a very good person don't get me wrong here but in the beach switches to dealing here i mean he he never really made it clear how he felt about brags that he had one leg and one k. open another campaign i mean it was it is very and i think that's part of part of the messaging problem that the labor had and of course the focus. of a person which the mainstream media vilified ok well i think. corporon just wasn't consistent you know so he laid off the vault of who supported it while being there was a substantial part of labor voters like that you know the last election and they didn't gain the new once you know because he wasn't consistent you know if mr corbett if you are against you know what it was doing to put the stimulus you should be against are the western story adventurous you know basically we need vengeance against what they're doing in syria against what they're doing in ukraine he failed to do it and it's interesting you know i think i know why so many people find th

gerri: this is brutal for the stock. trading lower, double-digits as we can see. why? that report that you described guess what sales fell 31% the worst performance in a decade. the stock down 15% is trading at 5 and change look at that. new game hardware, that's what was in focus, those numbers down 46%. here is the deal. gamestop relies on hardware sales for 20% of their business. it's down, down, down. why? xbox and playstation consoles are coming out next fall. no reason to buy them now. you can see the results here. they have been closing stores as you know 180-200 stores closed this year, they have some 5,000- plus. let me tell you this has been a troubling year for gamestop, the stock down 56% liz what do you hear for this company having a very tough time indeed. back to you. liz: but that is an interesting stock. it plummets and then it rises if you look at the 10 year picture you will see that, gerri good to see you thank you so much. all right, mark the clock here, we have 10 minutes left before the closing bell rings. dow is up 11, we do have green on the sc

gerri willis at the new york stock exchange with more on that.i. >> that's right, connell. amazon leading s&p 500 higher today. check out the shares. you said a one-month high. a company saying that their holiday season at record levels, number of shoppers, they sold billions with a b of items, their own top sellers including the so dot, fire tv stick, echo 5, you're seeing pictures of them here. they say they added five million new customers this holiday season. folks signed up for free prime. or actually began a paid membership. you remember the costs, $119 per for a year. if you add that all up, if all the folks convert to a regular old-fashioned membership, that would be $595 million. plus whatever they spend on the website that goes into amazon's pocket. as the company scales up to, serve all of these new customers, they're adding new fulfillment center in deltona, florida. million square feet like other ones all over the country. connell, back to you. connell: gerri, thank you. some story, amazon, not only but all the tech stocks. we watch

great interview by gerry baker. dow is in record territory. imagine if bowing were not part of the dow, because it is slip-sliding yet again today, we would be well north of 29,000, probably at rate we're going. boeing right now is kind of freezing production on its 737 max plane. the question for how long. some say maybe permanently if this drags on. that might be a bit extreme. one of the issues weighing on this stock for some time. just about underwater on the year. deep digital chairman dave maney joins us, money map press chief investment strategist, keith keh gerald. begin with you, and end with you. on this boeing situation there is waiting for gadot drama around the 737 max, what if it is put off for many, many months if ever, then what? >> well, i tell you, neil, that is the key of the day. boeing handled this poorly from the very beginning. if i were sitting in that seat i have got to imagine there are discussions canceling production moving on to an aircraft people trust. that is the real issue. that will impact the stock market. i