i am joined by richard perry. we expect the vote in the house of commons to be defeated. how shouould we expect markets o react? days,the last fewew sterling had b been rising on te possibility we could be moving towards a scenanario where you coululd see an extensision. that i is one of t the reasons e are seeing g sterling running. theresa may is going to lose this vote. how the s size of the defeat cos in wilill determine the next stp that played out in the political field. is herential scscenario defeat is goining to be l large, over 10000 vote. until will nonot be open renegotiations of the current deal. there needs to be a rehash. being able to her get a rehash through parliament is very low. f fall. will ultimately i think we couldld ultimately se the sterling decline being brought into from the markets. brexitt ending in this drama. what range are we talking about? i see mentions of the pound going as low as $1.12. >> you look at probabililities, maybe 20% of that happens. parliament doeoesn't have an agreement and thehey fall i inta technical no deal brexit. move

and against individual stocks has underperformed the market other legends like lee cooperman and richard perryge their own money instead. those who have been in the hedge fund limit the move from active to pass i, the rise of algorithmic trading and the fierce competition that's cropped up chipping away at the alpha they used to enjoy that's what makes vinik's timing in relaunching his fund so interesting. he says he sees those forces as opportunities rather than obstacles and he believe this is suits his traditional investing style. >> i don't know how it feels to be spoken about while you're right there but jeff venn nick is right here. >> thank you for having me leslie, you couldn't have says it better i think this is an incredible opportunity for old-fashioned stock picking. we've had decades or maybe 10 or 20 years of active managers underperforming pass i managers money has poured in at the expensive active funds the amount of coverage on companies on wall street has decreased. these trends have kind of ignored the fundamentals behind companies, quantitative trading. there's a great oppo

that was his reaction perry [laughs] >> richard: i think it appeals to the middle start of the countryp it, richard. come on. it's completely objective. >> richard: she's talking to a certain group of people. >> harris: when you are complaining, you are not winning. >> lisa: it's completely objective to say that she -- when she thought it was a good announcement to make that she's native american -- >> harris: what about something that's not going to ignite a fight. this might, also. the stock market falling flat. is having some trouble, although it did touch a little bit of green today. the start of trading in 2019 -- oh, boy. global economy feeling the pressure as china seems to slow down in manufacturing and keeps up its trade with the united states. what will that mean for wall street? there's a lot more going on. dagen says it's not just about trying to -- [laughter] ♪ with type 2 diabetes are excited about the potential of once-weekly ozempic®. in a study with ozempic®, a majority of adults lowered their blood sugar and reached an a1c of less than seven and maintained it. oh! und

richard shelby is on that committee. here in kentucky it's widely felt we caught up with coach cal perry and he said it's obvious that kentucky it, the congress knows it, the senate knows it that these people don't deserve to be the middle of this. they are. you know, some of them have children with special needs. we had a woman who had cancer. we had a woman who was being thrown out of her apartment. >> what's your message to say mitch mcconnell, your home state senator, what do you tell people not to have this happen again? >> well, what i hope is they all come together and under we just got to make something work and everybody compromise. >> so, guys, coach cal he and his wife through their foundation gave out $200,000 to locals. gave out a bunch of grocery cards. it's an indication how through this entire shutdown communities have come together but it's the question of the breaking point how much longer can people last if, indeed, we have another shutdown after this three week period. now you guys can come at we with your bourbon jokes. so we'll call this the "morning joe" share. we're dealing it. >> i got to say, man, i