this is "bulls and bears," i am david asman, joining me caroll roth, kevin kelly, robert wolf, john layfield and peter mariesy. gate to see you with mueller investigation over, will this put the spotlight back on the economy as the issue for 2020 election? >> absolutely, americans voted for donald trump to solve their economic problems, and to extend moderate democrats. now a time for both sides to accept the outcome and work together on baseis basic issues. like infrastructure. let's find areas of agreement on things like health care and make sure that economy keeps on goin and growing. >> this is caroll roth, i am glad you brought up health care, people care about things that are happening to them and their families, the economy has been a great win for them. health care is one that has not been such a great win. what to you think the president needs to on healthcare between now and the time of 2020 rolls in. to ensure that is not an albatross for him and the g.o.p. during that elected. >> we want it not be anna also -- albatross for either party. why don't we turnover the money to the sta

to john's point, john layfield, he was spot on.ocioeconomic difference, the widening gap, which i think beto should be addressing specifically like that as opposed to race. however, race as a subject for politicians, many of these polls show resonates with younger voters or resonates with voters in general, which is why i think he's bringing it up. like you mentioned, according to the texas tribune, in october, he was worth, beto o'rourke, anywhere between $2.5 million and $16 million. >> i just think -- to look at people and categorize them by their race to me is racist. to say well, black people make this and white people make this, we need to equalize this, to me, that is racist. perpetuating racism. to liz's point, real capitalism is the antithesis of racism. it's judging people by their actions and ideas, not by their skin color, race or tribe. that's true capitalism. >> i think when you look at the judicial inequality, it does skew toward a racial bias. you have so many more black and hispanic youth locked up compared to whit

. >> john layfield here, good luck to your michigan tate start spartans tomorrow night against lsu . i want to ask you go gm, gm has been building more cars in china than they have in the united states this trade war seems to exacerbate, that does that worry the carmakers in michigan,taryive tariffs and trade wars? >> well, like i said, we the motor city, detroit we have manufacturing throughout the state, the president's policies have encouraged manufacturing, we've seen it in michigan. they guarantee; that we're excited in michigan, i think that other thing they will play themselves out but we believe that president's policies will be good, and a boone for michigan. david: i want to go off of cars for a moment, ask whether or not the end of mueller investigation, the collusion charge, has affected voters there as far as you can tell? >> no, i mean, no collusion, no obstruction that will be mantra here.it will be wonderful that president will talk about it here in michigan in grand rapids, he knows how important michigan is, and michigan motors want to hear. >> looking at approval r

john layfield, does this momentum carry through into the spring?because of the competition. you look at what's going on in europe right now, no one knows what's going to happen with brexit. the brits voted against the deal and against the no-deal. i don't think anybody has an idea what's going to happen with europe. especially, even if it works out well, you have a slowdown in the german economy specifically, look at manufacturing data. so when you look at the world, where to put your money, even if there's a slowdown in the u.s., we have full employment, we have wage growth. this is the best place by far to me to invest, as long as we get rid of this trade war. stuart: you're right about brexit. nobody knows what's happening. >> look, we might underperform but look, there is a real possibility that even if the economy fundamentally does well, that this market which has been on a tear, i mean, my god, what a change it's been in just three months. in december we were talking about an imminent collapse. i mean, christmas was as ugly as it could get.

john layfield on all the crosscurrents. what do you think, john? >> i think ford is doing a good job with the pickups and suvs. they have done a terrible job as car company. the stock was 17%. i own the stock with 7% yield. i own -- neil: really has a 7% yield? >> 7% yield because it has grown down to that they have lost so much value. 6.99% i think was yield i looked up before i came on air. assembly plant in kentucky going three shifts to two. some employees are shifting to the trucks. not exactly growth of 550 people. more of a shift of employment. ford is doing good job with trucks, suvs an economy as you said is doing very well. neil: overall economy, which a lot of americans are giving president credit, 51% latest survey. more than seven out of 10 think things are going along just fine. what do you think of that? >> i think economy is doing well. i think we got full employment right now. we have wages that are going. consumer confidence. when you have consumers are 73% of gdp, i think that is huge. that consumer confidence is very high. i thi

david: john layfield feeling more comfortable with the 400-point drop.t had been resting at 352 the negative side for a couple hours now. it is down significantly below 400. a much bigger drop than what we see now. somehow you can see a vague trump negative and find a way of weaving their way into power. >> that is the worst-case scenario for a country and for market. if something happens to the president through impeachment for an economy faltering in the lead candidate of the democratic party is a socialist. a person can very well get elected. i'll socialist intellect developing sql. 18% of our country believe in socialism. so there is a crazy factor there doubly for basically anything. the entire democratic party. anybody who's extremely says crazy things is going to get a lot of press out there. as long as that is the crazy factor that america. one of these people become the primary candidate. a foreign-policy mishap in one of these people gets elected. david: jonathan, if there is a recession, even if it's a very mild recession we are due according

giants this is bulls and bears, i am david asman, joining me morgan, robert wolf, kevin kelly and john layfield, but first hillary vaughn with latest to congressman nunes lawsuit against twitter. reporter: this $250 million lawsuit is just the first of many, congressman nunes said he will sue every social media giant he thinks is biased again conservative. -- against conservatives. >> we're go after twitter first, they are the main proliferate or, they spread fake news. the case that i'm making this was an orchestrated effort, people were targeting me. reporter: nunes said that twitter let anonymous user troll him with fake news and fake claims about him, and did nothing about it nunes named 3 different twitter accounts in the suit. claiming to be his mom and his cow. and he name a republican strategist, saying twitter silences conservatives and promoting liberal posts on on their platform, twitter has kept silent on the lawsuit. , but not staying silence but apologizing is facebook after dropping white house social media director from writing comments on his facebook page. they accident ple ac

layfield reports, fox news contributor, john layfield. john, imthrowing a lot of breaking news at you, you're very good and patient dealing with that but on the boeing front here what the market can giveeth it can taketh away, huh? >> china is expected to be by 2022 biggest i have a say significance market in the world. that is not taking into account what is going on in indonesia india as well. remember who broke the news on this there could be a possible link between the ethiopian crash and lyon air crash was the caac the counterpart to the faa in china. they are the ones that first implicated this. for the first time you had depart you are from the faa. uk and australia taking chinese side on this departing from the u.s. the u.s. is becoming an island with faa saying planes are fine. china has invested interest in this. i'm not putting together two plus two to get eight. they are trying to break up the duopoly between the airbus a320 and boeing 737. now you have the chinese administration throwing shadow of a doubt on safety of boeing

joining us to discuss all of this, john layfield, jonathan hoenig, liz macdonald is with us. with tesla, unveiling the model y, crossover suv. still facing headwinds with the model 3. the stock, it's starting to break down here really technically, john. tesla has had this image as a teflon stock but we have seen it break down before under $300. where do you think it's going from here? >> i completely agree about it breaking down. where it's going from here depends upon elon musk. if this wasn't elon musk running this company, this thing would have been bankrupt so long ago. i have a lot of friends that are shorting tesla. problem is you are shorting elon musk and he has a way of playing modern day harry houdini pulling a rabbit out of a hat. the trajectory is good. they had 100,000 cars sold in 2015, 245,000 sold in 2018, they have a projection of 500,000. his problem is not building a great product. his problem is old school manufacturing. that's not what he's been able to do. >> i don't know if it's houdini or harold hill from "the music man." where is the band? he's made a

john layfield, fox news contributor, joins us now with his take. eautiful esponito. it's gorgeous out there. let's talk about the economic forecast as we go forward. certainly the markets have been telling us and the so-called experts that things are slowing down, that global slowdown has caught up with the united states. has the market reaction been a little overdone? >> i don't think so. there's a lot of uncertainty. and it is bermuda, british overseas territory, we're very concerned about what's going on with the brexit right now and how passports, it will affect bermuda citizens. ashley: good point. >> it's hard to say market fears are overblown. you had a projection of corporate earnings growth of 8% this past quarter and so far they've come in around 17%, it's double. we are going to see a recession, there's no doubt about that. economies and trees don't grow to the sky. the question is when. you're seeing data coming out of germany that's worrisome. you're seeing data coming out of china that's worrisome. you're also seeing positive things. t

john layfield with us, layfield report ceo. also a fox contributor. we're joined by kate warren from edward jones. she is an investment strategist. john, i go to you first on the big picture debate happening in markets if we can. susan mentioned the inversion of the yield curve everybody was talking about. really when you break it down everybody is debating the slowdown happening in global economies, we know it is happening in europe, happening in china, whether that spreads here to the united states. or whether it is the president and others contend, united states is the place that kind of a safe haven where the money comes into, we can avoid that. what is your take? >> united states is bit of a safe haven. look at europe with manufacturing data that came out. look what is going on with the eu. there is chance if the uk drops out of the eu in a hard exit that at this time rally could drop off also. that portend disasterous result for eu. certainly not good for the economy. there. china, manufacturing data came out shows slowing. right now the u.s. is

cheryl: john layfield joins us this morning.nvestment perspective, that can be nerve-racking. what does he mean, i'm in no rush. he also mentioned that he is -- that he thinks the chinese are paying attention to the fact that he walked away from the north koreans and he's willing to walk away from this. >> i think that is a problem. i think the chinese have seen that. they want to save face. i think that's very important to the chinese. the chinese, is a very proud nation, as any nation should be. they have to consider themselves winners in the trade war, the same as the americans do. that lends itself to not having a deal done he very soon. when the president talks about the tariffs, collecting so much money, that's a tax on the american people. the president's done a great job on taxes, cutting regulation but i don't think he understands global trade. cheryl: let's move to something else about trade, and that's gary cohn. he gave an interview in new york. here's what he said. he said i was losing the war on tariffs every day w

joining me in the panel, kristina partsinevelos, liz peek, jonathan hoenig and john layfield.eral motors. one of his tweets reading because the economy is so good, general motors must get their lordstown, ohio plant open, maybe in a different form or maybe with a new owner, fast. toyota is investing

. >> john, john layfield here, 1970, there were 1474 deaths in the air because of traffic fatalities.orward to now. 13 times the current flights are going out right now, and only 57 people died last year in 2018. the safety that has come about because you put computers in planes, i mean, i know that maybe flying too high and too fast may be dangerous also. that seems crazy to me, and this statement seems nuts that a 95% reduction in air traffic fatalities in the last 20 years, do you really think that the computers are to blame? we should throw them out? >> heck no. what we should do is train our pilots to a higher standard than we're training now. i will ask you a question, why do you think that southwest, american, and ryanair are not having problems with their airbus -- with their max 800s and other countries are? could it be the training? could it be the amount of training they get and the type of training they get? i think that has to be looked at very very carefully. >> john, brian here. >> i'm sorry, he asked me a question. i will answer it. 1 in 114 chance of dying in a car. t

john layfield with us, fox news contributor.a sharp-dressed guy, but before you went to bermuda. >> me wearing a suit now at my age is like putting mag wheels on a dump truck. this is sign of the times. when i worked on a bank on wall street, corner of water and wall, goldman sachs would do a deal. you would know the deal is done, stonestreet would be packed when they had their headquarters at 85 broad, sharp suits and party that never seemed to end. that is the not case anymore. goldman sachs is still a great company but it is not the company. now you have young guys want to work for bezos, they want to work for zuckerberg. there is some competition for young people that are very intelligent, make a name for themselves more than just in financials. it is just a sign of the times. stuart: i agree with you, 100%, it is a sign of the times. i know you like two big retailers, walmart and amazon. let's start with walmart. amazon at 1692 right now. walmart at 98. why do you like walmart and do you see it going back above 100 bucks a

john layfield is here today, layfield report ceo. fox news contributor. carol, you first, what we saw in the market today, which is the best quarter for the dow in six years, even more than a decade as measured by the s&p 500. if we get the china deal edward is reporting on, can the market continue along the lines what we're seeing? what do you think? >> certainly maybe not along the lines what we're seeing. i don't think you will have this level of strength repeat itself for the full year but i certainly think there is room to run the i think china is somewhat baked into the market expectations right now. if we get closure on the deal i don't think it is fully baked in and i think that is something good for the global economy. i think that is something good in turn for the u.s. economy and i think the market will rate it as such. connell: john, what about the kudlow comments in the afternoon, cut 50 basis points right away? melissa: great idea. connell: melissa says great idea. some say there is setup if the economy slows down there is somebody to blame,

john layfield and what he sees happening for the nine months after that.ays great to be on with you. i think the economy is very strong. we have several headwinds out there, potential headwinds that the trade war and brexit going on. when you have an economy with low unemployment, housing has been good. i don't see a recession and not. there's no doubt about that. trees don't fall from the sky. the question is when. full employment and wages growing this is not for predecessor for an imminent recession. >> something is going on with the slowdown in europe, the slowdown in china, the low interest rate from a negative rates in places like germany, very close in japan. closer still if you think about where france is going. in her own country where it's all flipped. would you think is happening? >> where the local slowdown and there's isn't any doubt about it. the data that came out last week was terrible. the chinese economy regardless of the trade war the chinese economy is having a huge struggle. that government and that -- government stimulation of certain

john layfield with us, market watcher. john, will this rally continue? >> i think so. i think it's very dependent upon what happens with president xi and president trump in mar-a-lago if they have a signing ceremony. you look at our economy, our economy is doing very well. we projected a slowdown which i think we are getting but we projected 7.8% corporate earnings coming into this quarter. we are double that right now. so the slowdown is happening globally. you see it in south korea, they came out with some numbers today and mentioned the trade war was to blame for a lot of this global slowdown, but this economy in the united states is doing very well. if we get a deal, any deal at all with china, i think this market goes up from here. stuart: governor andrew cuomo of new york is trying to get amazon to reconsider setting up shop here. he's written an open letter, it's published in the "times" today. new yorkers do not want to give up on the 25,000 permanent jobs, 11,000 union construction and maintenance jobs and $28 billion in new tax revenues that amazon was prepar