selecting stephen miran as chairman of the council of economic advisors. miran served in the first trump administration has been a critic of the fed and jay powell and saying the chairman was wrong politically to recommend a stimulus package in 2020. >>> honda and nissan announcing they've agreed to start merger talks confirming reports from last week. they will sign agreement in june and list a joint holding company by summer of 2026. the merger would include mitsubishi and create an auto giant worth $50 billion. >> silvana, thank you very much. >>> turning attention back to the overall markets coming off a rocky week. investors are hopeful the santa claus rally will help stocks and this year on a high note. the period covers the last five trading days of december and first two of january. if you go back to 1969, the s&p gained 1.3% over that time according to the stock traders almanac. the dow down 4%. the s&p down 1.5%. the russell has dropped 8%. losing all of the post-election gains. nasdaq bucking that trend up 2%. joining me now is doug bonaparth. >

no i'll move on trump picked the former secretary stephen miran ver th former treasury official of seekingo manipulate the economy during the election and damaging the fight against through short-term debt issuance >>> incoming government efficiency czar posted early this morning on x. trump used -- this is interesting. trump used the rally to suggest musk is the power behind the president. listen to this you can tell somebody is getting under his skin here. listen to this >> of all of the hoaxes, the new one is president trump has ceded the presidency to elon musk. no, no that's not happening buoy lon'st elon's done an ing b he's not going to be president, that i can tell you. i'm safe you know why he can't be. he wasn't born in this country >> genuinely looking how musk can't be president somebody else who is not president is david raush david, would you be very near the top of my list lovely to see you, my friend my job, i think, is easy next year i just have to spend most of my year saying trump or saying it in a questioning kind of way it is all about trump for next year, isn't it >>