white house judy shelton a christopher wahler to the board of federal reserve.o go around the horn on final trades one minute tim. >> we have to give it up por the patriots of course i mean the jackson prep patriots. and constellation brands continuing to show they're involving with the beverage busy involving for them stz, jackson patriots. >> there you go. bk. >> you know the best time to buy insurance when it's cheap. and the vix at 12 cheapest in a long time. spy protects the portfolio. >> steve. >> spirit airlines is save is the ticker sbom. i've been long this this goes to $50 go long. >> i stay with the airlines as well is that okay i wonder how pedro did the power pitch. maybe look at in the g block of the show he. >> the web extra. >>en >>. >> on the digital network. budget blue into earnings broien sullivan is interesting. >> tnkouha y very much i' that's it for the show this evening. big "mad money" with jim cramer and microsoft. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull ma

microsoft and saudi aramco the white house revealing the president will submit nominations of judy sheltonistopher waller to the senate for confirmation >> we are learning new details on the incentives amazon was looking for for potential cities to house its hq 2. the ceo and other executives wanted to secure an additional $1 billion for other real estate projects that was on top of any economic incentives the city might provide. >> looking for a strong finish to markets s&p up by 8 points, the dow up by 67. i'm joined by head of research every guest we've had here has said this is probably going to continue this record run for stocks >> it could. of course, there is a lot of kplas ansy i'm recommending to stay long. as well as an accumulation of more as ets and some cash we are at record highs here i don't think there is a change of direction at the top, meaning the presidency if we see a socialist or left-winged president, that is baked in >> one of the reasons why we know that is because we do see the pop up cape ability that does make the down side protection you are talking about very

here's what's happening at this hour white house economic adviser kudlow is telling reporters that judy sheltonne of president trump's picks to serve on the federal reserve board should have no trouble winning senate confirmation >> i think she will work very well inside the fed. she's a brilliant woman. she has a lot of experience in top jobs including this top position in the bank of reconstruction she'll be a good addition to the board. >>> the cdc sees that the flu is widespread in every state except for oregon and hawaii. 32 states are reporting a high degree of activity >>> and art experts have confirmed that a painting discovered hidden inside the italian art gallery's walls is indeed gustav clim's portrait of a lady it was stolen nearly 23 years ago. the question still unanswered who took it and whether it ever left the museum's property it's a whodunit. back to you, brian. >> sounds like it's a no one done it. did they plaster over it >> who knows. >> let's just build a wall sue herera, thank you. >>> here's what's coming up on "the exchange. >> ahead facebook may be scrapping one of t

. >> maybe we get a change if we get judy shelton on the committee.day the president sent up the names of judy shelton and chris waller i think she is in the camp that's in the i guess let it run camp we can talk a lot about her other views when it comes to her change of policy from one administration to the next but ultimately she's a let it run and see how far we can go with it. >> i don't think she'll have much influence but she's going to be a lot of fun to cover. >> thank you >> all right let's get a quick check on mcdonald's that was a penny better than the street was expecting revenue at 5.3 billion it was the global comps up 5.9%. we'll talk a lot more about this when we come right back. >> time now for today's aflac trivia question. in what year did the first canned beer go on sale in the unedtas?it ste the answer when cnbc squawk box returns. ac. why aflac? because health insurance doesn't always pay it all. aflac! after surgery we had extra bills followed up visits, deductibles. we thought health insurance had us covered up for everything,

now, president trump plans to nominate judy shelton and christopher waller as new members of the fed board. the economists have widely itergent backgrounds, but would be inclined to support the call for easier monetary policy. they said that the fed should reduce rate while waller has been consistent in his calls for more dovish approach. , the phasee deal now i trade deal between the u.s. and china may face a legal challenge. wtoaccord could violate rules and is being screwed -- closely scrutinized. compatible with wto regulations. a signal that the deal could have implications for the rest of the world. in the u.s., the senate has begun the formal process of impeachment, swearingen officers for president trump's trial. the democrats will try to force a vote, including acting chief and to other white house officials. documents theng white house has been withholding. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. ahead, a collect call for the company. they of $13 billion i

leigh-ann: president trump plans to nominate judy shelton and christopher while her to the federal reservenot come until yesterday. it will now move to the senate for confirmation. from them is they are open. the u.s. is tightening control over the release of major economic data. it is banning the media from using data. to ensure as it is level playing field but it could also spur an arms race among traders to get the numbers first. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. this is bloomberg. thankleigh-ann gerrans you so much. investment in renewable energy came in at more than $280 billion in 2019. and bloomberg is forecasting that it could rise above the mark this year. our team has just released its predictions for 2020. they seem more investors to committing to it a cleaner future and a record year for onshore winds. albert is the head. happy new year. a little late but what are your key predictions for 2020? outdoor: we are calling for $300 billion in clean investments compared to about

alix: and judy shelton will be nominated to the federal reserve , along with christopher waller.said, "let's go back to the gold standard." it's not just the gold standard. she has a very expensive vision. she wants a global common currency with full gold conversant see. alix: the impeachment trial of president trump kicks off next week in the senate. democrats doubling down, trying to push for what they say is more transparency. they would also like to see some key witnesses. they are looking at public comments made by lev parnas, a close associate of rudy giuliani. alix: chief justice john roberts will preside over the proceedings. in the markets, it feels like a lot of euphoria within the equity market. small caps outperforming large caps for four straight sessions. record highs yesterday within the s&p. record highs in europe. tech outperforming as well. the 10 year yield pretty much going nowhere, despite the fact we get some issuance on the 20 year from treasury. joining me for the hour is julia coronado of macropolicy perspectives. what are you most interested in today? ju

president trump plans to nominate judy shelton and christopher waller to join the board.fferent backgrounds but their policy comments suggest they would be inclined to support the president's call for easier monetary policy. shelton publicly said the fed should reduce rates and waller has been consistent in his calls for a more dovish approach. eruption of the volcano in the philippines seems to be weakening. there is still the chance of a massive explosion. continue to rattle the surrounding area. access to nearby towns has been blocked with more than 120,000 seeking safety in emergency shelters. nissan's internal investigation into the carlos ghosn affair says many other people were also involved in financial impropriety alongside the former chairman. a report sent to the tokyo stock exchange says those people worked growth in japan and overseas. three unidentified senior executives have already been punished. the carlos ghosn drama has upended nissan and put strain on its alliance with rhino. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by

"the simpsons" 30-plus seasons >> yes, 30 >> and things of that nature >> really quick on the judy sheltonear bond out of treasury to help finance ongoing deficits. this debate kashkari is tweet being how it's not qe, the c conspiracists and repo, when the fed decides to step back if they ever do, what is the market going to do then >> if the market's at a point where it's looking for a reason to say okay, we've done enough, then it matters. i do think you have to keep going back to the idea that this market was up 25% off the low, in october, when the repo stuff started. it's up 11% and we also got the trade stuff in there as well a lot of people want to connect a lot of the dots and i don't think -- if people think it matters, it matters but i don't think that there's a way to draw true liquidity pipeline from one into equities. >> your point though, people believe it is, so -- >> it doesn't hurt, but by the way, people believe the trade deal that all it did is remove a friction point that was imposed on the market. it didn't get you forward really in any material way in the horizon the