taking a tour of the boeing plant. is is the first time he has been back to south carolina since he won the election, so we will take you there as soon as we have it. plus president trump slamming the media for slanted coverage at his news conference yesterday, howard kurtz says mr. trump has a point. he joined us next, but first, take a listen to president trump. >> quiet, quiet, quiet. see come he lied to -- he was going to get up and ask a very straight, simple question. welcome to the world of the media see me. see me. don't stare at me. see me. see me. see me to know that psoriasis is just something that i have. i'm not contagious. see me to know that... ...i won't stop until i find what works. discover cosentyx, a different kind of medicine for moderate to severe plaque psoriasis. proven to help the majority of people find clear or almost clear skin. 8 out of 10 people saw 75% skin clearance at 3 months. while the majority saw 90% clearance. do not use if you are allergic to cosentyx. before starting, you should b

be unveiling the new boeing 787. west version of the dreamliner. when i think dreamliner and dreamy, i think richard quest. he is joining me now. he is editor at large of cnn money. of course, an aviation enthusiast, and also the host of "quest means business. all right, forget thepoliti. tell me about this plane. what's new here? we're talking about the dreamliner 10. it's a larger aircraft. 330 seats in three class configuration. don't let your eyes glaze over too quickly. there are three varants of the 787. there's the eight, the nine, and the ten. so far the most popular in terms of sales and orders has been the nine, but the ten could be moving into a sweet spot in aviation where airlines want to carry more passengers, but you don't want necessarily to need the vast distances of, say, for example, the triple seven l.r. this is why it's a significant plane for boeing. there are people extremely enthusiastic about it, and the other important thing, of course, is where it's being made in south carolina. the factory

the 787-10. bless boeing's fleet of planes. we believe in your sovereignty, so we place the 787-10, we place boeing's fleet of planes, we place the administration and the management, the employees all who worked together, dear god, toward this end. we ask, god, that you would be pleased to continue your favor, showering blessings upon boeing and that which they do. this is your servant's prayer as we ask your continued blessings upon our governor, henry mcmaster, our president, donald trump. our prayer is that your will is done on earth as it is in heaven and for such we will be mindful to give praises onto you in the victorious name of jesus our christ, we pray amen and thank god. [applause] ♪ [applause] >> ladies and gentlemen, please welcome chairman, president and c.e.o. of boeing company, muilenburg. ladies and gentlemen, the president of the united states, donald j. trump. "hail to the chief" playing] cheers and applause] dennis: thank you. well, good afternoon, boeing team. [cheers and applause] beautiful day here. and do

he is meeting with the boeing ceo. tuned, we will carry that for you live and also, snap plan to go public, putting the ipo in focus, how it performs in today's smart data segment. this is bloomberg. ♪ you are watching bloomberg markets, i am vonnie quinn and time for the smart data segment. snap is seeking to raise $3.2 billion, the second largest ipo since alibaba, here to talk about how this could affect ipo etf is eric with bloomberg intelligence. i did not know there was such a thing as an ipo etf. >> they do not have much in assets so you are not alone but there are like five of them. what is astonishing to me is that it is the oldest, 11 years old, the ticker, the first trust ipo -- they change their name but all it does is takes ipos and host them for four years and gives them the boot, it is crushing the market, up 166% for 10 years and the s&p is up 66 points less than that or 100%. it is a simple strategy that is doing pretty well. when you think about what are you buying, it is really for lazy investors. i

that's a live video of the president on board the boeing 787 the dreamliner, the name he applauded. ll lebeau is live at boeing's facility. captain trump in command, phil. >> ha ha, tyler, did you see that picture? >> he's in the seat of the 787-10. no doubt talking with a boeing executives including dennis mullenberg the ceo about the dreamliner, the most advanced if you will, certainly the largest one. he's going to tour maybe for another minute or two, then he comes down and he gets escord over to -- >> i don't know if you can see the picture. there is jared kushner, ivanka trump and gary cohn obviously been in there as well. >> and so they've just, i think about four, five minutes total inside the new dreamliner. now they're going over to air force one. they will taxi, take off and all of the boeing employees who were here. i want to say there were about 6,000. most of them are still here a. few have left. they've gone back to a different area of the plant. most are still down there, obviously, taking pictures with their phone. there's donald trump as he comes out giving a big th

we go outside the boe. if you look at the market reaction, the take away seems to be investors thinking there will be no near-term move in interest-rate and the boe staying neutral. >> absolutely. i am glad that you brought that up, how many ways can you say neutral without saying neutral? mark carney said that the next move in rates could be up or down, and that is something in line with what the voa -- boe was saying in november. remainshe key rate unchanged. the growth forecast for 2017 was upgraded as expected, but the surprise was the inflation forecast between 2017 remaining largely unchanged. that is why we are seeing a weaker sterling in the market, because anything going into the meeting, what investors were expecting, was a different tone, given the strong data we have had recently in terms of growth and inflation. if you are looking for signals on where the bank of england might go next, mark carney was very rested on that today. mark: nevertheless, some members see this -- are a bit more worried

they took a tour of the boeing plant before the president spoke. then he spoke for about 15, 20 minutes. now he's up there touring this new aircraft for folks who are wondering about the aircraft, it is called the dash 10 version of it. it's 18 feet longer than the dash 9 version. they haven't flown this one yet. lot of people with their fingers crossed that it will go down the runway and actually get up in the air. boeing has proven itself. they have a great track record of trying to get aircraft up in the air. you heard the president joking about air force one. he has cut a deal with the ceo and chairman of boeing for the new air force one replacement fleet. really only two aircraft. did not exceed $4 billion. president got a guarantee that he will save the american taxpayers some money. today was like a campaign event. there were marching bands. 5,000 people here as the president came down and talked about jobs. listen to what he said. >> as your president, i'm going to do everything i can to unleash the power of the american spirit and to put o

the world. part of deal with boeing is, and i've deetoured the factry.is base odds them being able to manufacture certain components in their geographic location so they can have jobs and their families survive. so it is a very important thing. it would whack them twice. the orders would slow down and the taxes would get hit. i don't think it will happen. i'm not overly concerned long term but i think boeing is a name that's a cash flow story. >>> switching gears. a report of a merger proposal. it currently owns 83% of sprenlt but is reportedly willing to surrender control of the company in order to secure a stake in t-mobile. they talked about a possible deal earlier this week. >> nobody is talking to anybody. sprint needs to do something and they all bring our name up. we can do something or we can grow and come back every year. >> as the mobile wars heat up and it is a price war to the box. >> i think first of all, i think t-mobile is winning at least a competitive war where they can stay independent. i don't know that they have to merge. the interest

some members of the boe suggesting they are not happy with accelerating deflation. lose is next. ♪ mark: welcome back to bloomberg for the european close for it the bank of england raising its forecast. the interesting takeaway is more slack in the economy. those two facts leading many to believe the boe is in a hurry to thee interest rates against dollar. shares down as much as a percent. they warned prices for insulin continue to climb. insurers and payers keep demanding prices. this highlights the issue that novo nordisk has had. look at the rebound. by 1% today. keep executive nick hayek says he expects healthy growth after sales gains in the three months -- leading to a substantial improvement in profitability. election is making european markets very jittery. trade is right now pricing volatility t for april. the storm has put aching in the curve of volatility. record over the march ones. vonnie: let's have a look at u.s. stocks. 19,000 881. camilla ralph lauren down 11%. the dollar in continues to climb. yield at thethe tenure. the treasury market getting arou

much thanks to give out here, thanking the boeing folks. talk building a promise he made on the campaign to make it america first. brenda mcmanus said she slept in her car overnight to see the president, the president who got off the 787-10. she said he felt as though he did well talk building jobs. i asked her about that press conference yesterday. she said, look, i'm a die-hard republican. i like when he talks about jobs. i don't like it when he tweets so much. brooke? >> jason, thank you. this is one of those venues that reminds me of campaign rallies you went to so many of with the back drop of the plane, mega rally, crowds. i have a couple more i want to bring into this conversation. cnn political comment airport, ana navarro, andre bower, and the associate editor of the financial times. so welcome to all of you. you and i were chatting as we see the pictures of the president. boeing, in your book, you wrote about the dreamliner and the supply chain. let's just be on balance. on the one hand, this is awesome for america, in south caroli

of the 787 boeing dreamliner. about jobs. the european close, we are looking at stocks, which are lower. -- sterling's weakness is boosting the ftse 100. this is bloomberg. ♪ . mark: 30 minutes left in the trading day in europe today, i am mark martin. vonnie: it -- i am mark barton. vonnie: i am a vonnie quinn. ♪ vonnie: you are watching air force one departing joint base andrews on the way to south carolina, he will arrive in north charleston before meeting with the president of mowing and touring via boeing company, we will keep a close eye on that live and also we will bring you the president's weekly address which he is releasing early to the public, releasing that today here and let's go to the white house and our correspondent kevin's are really -- the president en route to north carolina, having already taped his -- with charlton, softer line of -- north charleston, south carolina. >>

shortly thereafter he had a meeting with the ceo, the head of boeing. and they decided together they would come up with an alternative plan for the cost of those air force ones. and give a break to taxpayers. so right now, though, things are looking good in terms of how the president is expected to be received here at boeing for the unveiling of the 787-10. he's expected to arrive here just at about 12 noon. shortly after arriving, kate, he's then expected to meet with the president and ceo of boeing. after that, he'll tour the facility. he'll give some brief remarks. that's expected to be at 1:00. at 1:40, he'll get a tour of the new 787-10. shortly thereafter, at about 2:00, he's expectedo depa. he'll then head down to south florid back to mar-a-lago. that will be his third trip to mar-a-lago as president. and on saturday, kate, he's going to take another victory lap. he's going to be holding one of those rallies in melbourne, florida. you've already heard the president saying he's expecting huge crowds there. in terms of the crowds here, i've had an o

right now the introduction being given by one of the execs there with boeing, he is standing in front of that 787-10 dreamliner, the new plane that the president is there to help unveil. it's just, you can't really see it but it' in the foreground. in the background air force one. we should also note that this president has enjoyed a productive relationship with boeing, and that is that word productive is the adjective used by the ceo himself. he is a very big fan of president trump. dennis muehlemberg is the ceo of boeing and president trump indicated in the past he is very much looking forward to working with one of this country's largest airmakers, along with lockheed martin. can we listen in at all? do we have kelly o. there? kelly this has been as i understand it, this has been quite the production there in that airport hangar in north charleston, a number of videos, there have been a couple of elaborate prayers as well. give us some color. >> reporter: it really has been a celebratory event for an american company that has achieved something that hasn't been done before in aviat

way to south carolina, he will arrive in north charleston before meeting with the president of mowing and touring via boeing company, we will keep a close eye on that live and also we will bring you the president's weekly address which he is releasing early to the public, releasing that today here and let's go to the white house and our correspondent kevin's are really -- the president en route to north carolina, having already taped his -- with charlton, softer line of -- north charleston, south carolina. >> there he will meet with the boeing ceo and tour the boeing plant, a rollout for the company's new airline they are debuting. he is facing several questions about his previous campaign relationships with russia, off a fiery press conference we saw yesterday at the white house. we are minutes away from his weekly address as the administration looks to turn the page and again to execute some of their policy agenda within the new congress. vonnie: we will be hearing from mitch mcconnell in the next little while, he will do a wrapup of what is been accomplished over the last month, what will he concentrate

the union vote that didn't go through. we're working for south carolina, and for boeing. we're here to stay. >> i love the fact that he's looking out for america. >> for boeing ceo dennis mullenberg this is the third time that he has met with donald trump. once at trump tower in new york, once at mar-a-lago in florida and today here in south carolina, as boeing rolled out its newest dreamliner. the 787-10. phil lebeau, "nightly business report," north charleston, south carolina. >>> energy shares weighed on the market today. it tends to be a sector that stocks follow pretty closely. and as bob fasani reports it's not clear if the bulls are in control or the bears. >> the markets may be at new highs but one sector is showing signs and that's big oil. the broad markets drifting higher since the beginning of the year, but oil stocks have been drifting lower. it's not a one-day affair. it's a trend. the evidence is everywhere. chevron's at a new low for the year. exxon mobil is down nearly 10%. the oil and gas exploration and production etf was weighted towards u.s. producers

well, good afternoon, boeing team. >> all right. so actually theoeing is going to be introducing him so we are going to chat over that for a little bit. i want to bring in my panel to talk to them. this is following obviously that -- it was supposed to be the announcement of a pick, right, yesterday but it ended up being this very long press conference. david, this is a chance for donald trump to talk about jobs, right? >> yeah, one of the core messages that got him elected, this notion of bringing back jobs and we know recently that plant also -- i guess they voted against unionizing so that works into his messaging as well. so this is chance one since that sort of rambling press conference to get back on board followed by tomorrow a campaign rally followed in ten days by a joint session of congress. if donald trump feels that a reset is necessary, perhaps he doesn't, but if he feels a reset is necessary this is an opportunity to bring that. >> do you think that after that press -- he thinks and he's saying thank you for the congratulations on the

the united states. it's not as if boeing is strictly in the u.s. they have a global presence. being in china is important for boeing. >> ylan, i'm thinking about the extent be to which this president keeps emphasizing buy american. i want american made products. he doesn't seem like the type who would mind if the u.s. did favor its own industries over those of other countries. >> yeah, the argument that retailers had been making in this is that it's going to be much more expensive to buy goods here in america if this border adjustment tax does get through. that's the argument you're hearing from the retailers but expecting the exporters such as boeing to be making a big push over the next week or so to say, look, this is something that can help increase the number of factory jobs that we had in america. this is something that can promote a stronger dollar which would help americans afford more goods so the exporters here have to really weigh in and make their case to the american people after retailers and other big businesses have been so strong in pushing back against this bo

it was actually -- it did work on the contracting under boeing as well. and then came in later and sort of took a piece for itself based on surveillance. o the cor boeing as well. sort en came in later and of took a piece for itself based surveillance. it's an interesting example because it's a company that's israel.n the company, its subsidiary that ot the contract is a u.s. subsidiary. by hat was considered america -- american contract hat we bought from an american company. so you can see just from looking contracts that precedent has been set that we comfortable are buying from a company -- another kin tri as long as it has -- an american buy. bob. let's hear from >> good morning. as far as building a wall, don't build no wall. what you do is take everything this country that is in spanish and food stamps, public voting, everything in spanish out. language learn our and come in here legally or you get out. there's no need for -- we have and our our ways language to pacify people that don't understand nothing. overseas. i had an id card in japanese and

the ceo of boeing now introducing the president of the united states. >> anybody makes anywhere. o thank you boeing south carolina. [cheers and applause] >> i also want to thank all of our special guests here today. you'll be hearing from president trump just shortly here. i just had the privilege walking through this factory with him. we talk today a few of our people, watched the airplanes being built. now, i will say, i think he was -- i think he was impressed with what he saw. i will let him provide his own -- his own characterization of that when he comes up but we we have amazing work going on here, and an airplane roll-out event is a historic, inspiring event. this is the first 787-10 built right here in charleston, incredible airplane that's going to change the world for our customers and when we roll out a new airplane, we remember all the investments that have gone into this. this area here seven years ago was swampland. today, today after two billion dollars of investment and partnership here in the community, this is a modern aerospace facility and we've added thousand

the companies putting that to work. >>> meanwhile, the president is set to arrive at the boeing charlestoncarolina shortly. our own phil lebeau is there with the latest. good morning again, phil. >> reporter: good morning, carl. we're about 45 minutes away from president trump touching down in air force one, and once he gets here, he will be touring this facility. there are 7,500 workers. it's a little hard to see them because you've got the camera focused up here on me and we're blocked a little bit, but they're all here waiting to hear from president trump. what is he likely to talk about? no surprise here -- manufacturing in america and growing manufacturing. this is a plant here that they delivered the first dreamliner five years ago. they've continued to grow and add jobs since then. job-creation is another part of the themes we expect to hear from president trump, and also there's some speculation he may talk about the future of funding the export/import bank. remember, during -- there you go, they're starting their chants. during the campaign, he was kind of luke-warm about whether

among workers at the boeing plant, mr. trump told the nation i wouldn't disappoint you. progress on the administration to tell you about. a new epa secretary but president still in the market for a national security advisor after michael flynn's resignation. the president hit social media tweeting about good progress and repealing and replacing obama care. so what is coming? let's do the news! >> i'm harris faulkner in today for shepard smith. president trump said he will create more jobs for americans one day after giving a tongue lashing to the press. he told employees at a boeing factory in north charleston, california saying he will level the playing field for american workers. >> i campaigned on the promise that i will do everything in my power to bring the jobs back into america. we wanted to make it much easier, has to be, to manufacturer in our country. and much harder to leave. >> the president also said from now on, it's going to be america first. he is set to arrive in west palm beach minutes from now to spend the holiday weekend at his resort. progress when i

now attention turns to the boe. carney nots mark raising rates until 2019. see a move by next year. bill and his has warned growing global tension as he delivered the nation address a noted increasingly assertive russia and china, donald trump, and rising nationalism. forged our place in the global community as a fair-minded people with a successful economy open to trade, open to investment, and open to other people migrating to our country. one immigrant is causing problems for the kiwi prime minister. ater thiel has sparked possible dispute after it was revealed that he won new zealand citizenship despite only being in the country four times. he was approved for his entrepreneurial skiers and philanthropy -- skills and philanthropy. the long time front runner for the french presidency under pressure to withdraw as concern grows about his employing family members on public money. he has asked his republican party for time to put his campaign back on track. polls find support is draining away. he denies giving his wife and children nonexistent jobs. global n

again, you heard him there at the boeing plant. he view vowed to make our military great and strong again. let's watch a clip while he continue to see him on the plane. let's go to the clip. he's about to leave the cockpit. let's take a look here. >> i'm going to do everything i can to unleash the power of the american spirit and to put our people back to work. th is ou mantra buy american and hire american. we want products made in america, made by american hands. trish: made in america. he referred to those as magnificent words. again as we watch the president there now descending from the plane. i want to go to blake berman who is at the white house with more on this blake. blake, he's getting back on the economic message and this is a message that resinates. blake: he is, trish. i was speaking with the white house official and trying to find out if anything of news would -- would come from this and was told, no, the president wanting to get back out there and talk about jobs, which as you heard there was a central focus of this

we've had lockheed outperforming boeing over the past year. >> we had lockheed as a buy and boeing as a hold, and we've been very clear that we've had some concerns about the f-35. so i would say, what the president is saying is reinforcing our point of view. liz: very interesting, we're calling it the stealth fighter slugfest. howard, we appreciate you getting on the phone with us. >> thank you. liz: any time. short at your own peril. that is the tough lesson one fund learned after losing a stunning $600 million putting bearish bets on the market. folks it's the topic du jour, catalyst hedge future strategy plunged 5% after bearish bets were undone by the s&p 500's stubborn and repetitive run to fresh cords. this is a tough market to navigate. how do you invest your money without landing on a land mine. right to the floor show, tim anderson, look, it happens to the best of funds, but certainly this fund kept thinking that the donald trump buy was going to fall out and it hasn't yet. >> no, it hasn't yet, though some people may start to be concerned about valuation levels of the marke

the border. instead boeing built about 53 wall and spent almost a billion dollars. that's taxpayer money. > so moving it up to president day and the attempt by the administration to work with congress on building a wall, you doubt that if o the u.s. moves ahead with plans for an ambitious border wall, the biggest infrastructure projects in will be a boon for contractors. us more. uest: it may not be a boon for taxpayers. projects like this are very expensive. builds these through federal contracts. ederal contractors then subcontract out generally to smaller local companies. that was that we found very interesting about this is the very strong potential that if we do build a wall at. border, we may actually end up mexico either through urn documented workers at the border or through subcontracts to mexican companies that happen to and supply rder cement.like ofphone number at the bottom the screen for our best, danielle ivory who is in new reporter for the "new york times." we're talking about the cost of border wall. danielle, what kind of price tag are we looking a

he's here to unveil the 787 dreamliner, boeing's new plane. we actually drove by the plant yesterday and saw that enormous plane sitting right there waiting for him to welcome. he's going to tour the facility and talk to the workers and of course to boeing's ceo, which it's very possible they'll continue their talks about a replacement plane for air force one and the high cost of that, something he said during his campaign. he was very critical about that during the time. we also expect the president to make some comments and he tweeted just a few hours ago that he wants to talk about jobs here in north charleston. of course that dreamliner plane made exclusively here at this north charleston plant, something that boeing used to attract business to this particular part of this state. we are expecting some comments from the president. we will say, though, two miles from where he is visiting, where i am right now, we are also expecting a little bit of controversy, some protesters, about 200 or so, maybe even more expected to come out here and pro

he's the dealmaker in chief. and boeingarolina just voted against union membership. i have a take on that in a moment. ♪ that college experience that i had. the classes, the friends, the independence. and since we planned for it, that student debt is the one experience, i'm glad she'll miss when you have the right financial advisor, life can be brilliant. ameriprise why pause a spontaneous moment? . . healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. do notnk alcohol in excess. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis. stuart: at this hour the president leaves washington and goes to south carolina. there is a big contrast here. he's going to visit boeing, private enterprise, america

the other thing, imagine if trump only today, if the only thing trump did was give that speech at the boeing plant. >> yeah, winning. >> versus -- >> that's a great message. build things in america, look at what i'm doing. and instead he does all this other stuff, bookending tweets and the morning tweets, this tweet which can get a huge amount of attention about fake news media and the enemy. he can't do it. so this idea of like if only he did x, you know, if only i was eight feet tall i would be in the nba. >> yeah, yeah, my favorite one is always, well, if my uncle had -- never mind. >> exactly. >> yeah, yeah. but, molly, is this a tactic? i can't help but wonder it's almost like shiny metal object, tweet, shiny metal object tweet, so the base does see the boeing stuff. the base, by the way one thing he's done consistently almost every day is he does have a jobs event in every day in some form meeting with an industry leader. that is one thing that they have done extraordinarily well. and i think that's what his base sees every day. i think he's trying to distract washington. don't think i

jim, the boeing guy. [laughter] >> [indiscernible] >> kevin morse, stanford university. [indiscernible] jack welch. >> [indiscernible] >> jenny ramadi, ibm. pres. trump: thank you very much. the president mentioned during his business council meeting, the job numbers. january.obs created in the president also signed two executive orders dealing with financial regulation today. one directing that treasury department to renew the 2010 jobs right --. frank law -- dodd frank law. here is the president signing those. signing thesee the-- orders to regulate u.s. financial system. it doesn't get much bigger than that, right? pres. trump: would you look at that? >> what we are doing is returning to the american people, the investors and retirees, the control over their own retirement and savings. this is a big moment for us. pres. trump: she means that so much. chairman, i think we should hand the pen to this special person. >> thank you. pres. trump: you aren't it, it, youit -- she earned earned it. >> alright guys, thank you. >> and new sanctions against iran were put in place

nearly 3,000 of the 7500 workers at boeing's plant will vote on joining the international association of machinists. if they say yes, they'll join boeing workers in the seattle area who have long been represented by the union. it would also send a message to president trump who as a candidate hoarded blue coloradoar workers but for the most part he did not embrace leaders. after his electionering feuded over twitter with a steel worker in indianapolis. and he blasted the local union saying if it was any good, it would spend more time working. less time talking. and since taking office, trump has met with numerous ceos at the white house about adding jobs but he has seldom meant fighting for organized labor. does that matter to workers in charleston? probably not. it comes down to pay, benefits and most importantly, job security. when the final vote is tallied, boeing could find it southwesterly even more members of the machinist union and for the first time, they would be at a plant in south carolina which is increasingly important in boeing's growing production of commercial planes.

lou: the president flew to mar-a-lago after the boeing speech. l hold a rally tomorrow afternoon in melbourne, florida. the president naming one candidate to replace michael flynn as national security adser. president trump tweeted this -- mr. trump, the target of criticism and conservative circles for choosing mike dubke to be the white house communications director. crossroads media created super pac and it's associated nonprofit crossroads gps. on capitol hill, democrats, they're failing to delay the vote any further on scott pruitt. the senate confirmed prewitt as environmental protection agency administrator in a 52-46 vote. the fifth cabinet appointee to be confirmed. and the senate looking to break the filibuster on wilbur ross, the nominee for commerce, but democrats would not allow republicans to accelerate the schedule to confirm ross today. the vote is likely to take place after congressional recess, monday february 27th. here to talk about the fake news media's attack on mr. trump and take his message directly to the american people. t

dagen: and even with the boeing vote against the union, as you point out, trump also appeals to that union worker across the middle of the united states. >> that's why you see consumer confidence up. people in the middle class, people in the upper middle class, they've been making money off the stock market. they've been making money. as you can see behind me. i'm in las vegas. disapproving back to the economy here like a lot of workers are. and when you're giving that money back, and you're spending that money, you see the confidence go up, you see those companies make more money and gary's right. donald trump's the best thing that ever happened to political consultant, and i'm glad he's there just for that very reason because in four years, there's going to be what we would say in john's world, a free for all and going to be like a big wrestling match on the democratic side. dagen: you've clearly been spending your money on a new jacket for us. >> no. this is my smoking jacket. dagen: john, final word. >> i hate to disagree with gary b. but chuck doesn't have a car. he has a big ol

>> reporter: well this is an opportunity for the president to come to here for what boeing wants to talk b the dreamliner 787, a new aircraft that is built exclusively here in south carolina, so this is part jobs event, it is also boeing is the maker of the air force one fleet, and so that's been a part of the president's tenure where he was negotiating to get a better price on a future model and this has been a state that has been critical in president trump's path to the white house, and the new governor, henry mcmaster, has been a long time support of donald trump and i say new governor because of course the president selected nikki haley to be the u.n. ambassador, so there are deep political roots here, as deep as they can go, for a president who has never been a candidate before 2016, and here today it's about jobs. so the president as you noted air force one has landed and there will be an opportunity for the president to tour the factory here, to talk with workers and to meet with the ceo. there will be a big reveal in the full sort of tv way behind me later, after the president s

no big weakness for the boe. the boj not wanting to do anything on rates.ence for currencies and bond yields and why people are watching the so closely. rishaad: thanks. kathleen hays in tokyo for us. right, coming up, taxing problems facing the world's biggest buyout firm. we will hear from blackstone's global head of private equity. ♪ rishaad: a quick check of the business flash headlines. $800 million to resolve claims that it colluded with other animation studios not to hire each other staff. disney and three of its units were the last remaining defendants in the class action case which alleged suitors conspired the regimens agreement. allegations of no poaching packs have played the tech sector for years. shedding almost $5 billion worth of oil fields as it looks to cut will shed half of its assets in the north sea. shell loaded up with the debt when it made its biggest acquisition by buying bg group for $54 billion. roche considering options for its diabetes business, also weighing a partial sale o or a spinoff. the division could fetch as much as 5 b

." >> president trump said to meet with the ceo of boeing in south carolina. look at all the fallout of that press conference after mr. trump did not hold back after what he feels is dishonest treatment by the. >> meghan: russia with highly provocative moves recently. president trump says put in is not testing him. is he right? who better to ask then our one lucky guy, former u.s. ambassador to the u.n., john bolton is here it will join us and just moments. "outnumbered," top of the hour. >> jon: see you then. >> abby: an illegal immigrant is fighting deportation by seeking sanctuary in a colorado church. immigration authorities denying her request to remain in the u.s. immigration officials, they say that she has two misdemeanor convictions and has got to go. good morning to both of you, thanks for being here. this is heartbreaking. anyone who reads the story, no one wants their mother to have to leave their children and certainly not the only case like this. you look at what president trump is trying to do, restore law and order in this country. where does h

so that's on the table as well for boeing. f manufacturing jobs too. >> president going into air force one, by the way boeing at an all-time high today going back to records that last to 1948. best we can tell. >> up more than 20% since the election. let's send it over now to jon fortt with a look at what's coming up next on "squawk alley," jon. >> good morning, sara. of course we're going to keep an eye on the president's visit to boeing. aside from that it's identity crisis friday. mark zuckerberg of facebook out with a letter about the company's new focus, what exactly does it mean? we're going to dig in with two people who talked to him after also snapchat, is it a camera company or a red flag? that's coming up on "squawk alley." >>> president trump signing a new measure that rolls back regulations on the coal mining industry. our contessa brewer is in ohio with reaction from coal country and the impact. contessa? >> reporter: hey there, sara. you know, coal miners are feeling more optimistic today than they have in a long

he's going to be talking with workers in the boeing plant. t the latest version of the dreamliner, the longest or the stretch version. what's he going to be talking about today? certainly won't be as exciting as yesterday during his press conference. manufacturing growth, which is a theme he's been hitting hard for some time, job kree yarcreation there's some speculation that perhaps he makes a comment about the funding of the export/import bank. during the primaries and presidential race, there was a lot of discussion about whether or not donald trump would support funding of the import/export bank. well, he's made it pretty clear that eventually he thinks it should be funded, which is crucial for boeing. for the ceo of boeing, this is his third time seeing donald trump since donald trump was elected. there was once at trump tower, once at mar-a-lago when they discussed the payment for the air force one plane, then today. he'll be getting another dose of president trump. again, we expect him, as you look at shares of boeing, we expect the pre

mark carney has given one of his strongest defenses yet over the boe actions. ng to the treasury select committee he suggested the boe will get no praise for alleviating risk. >> success is not working in terms of the financial stability around the referendum, the bank did take some serious steps in order to mitigate those. if we have not done that there would've been macro economic consequences and it is important that we did. i think that we just have to accept that we are never going to get any credit for it. mark carneyvernor under fire from the treasury select committee. have a look at where treasury markets are bearing -- fairing four minutes from the close. this is bloomberg. ♪ i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. g

the president helped to unveil boeing's 787-10 dreamliner airplane. there the president praised the corporation that he once accused of overcharging the government. remember that tweet from a couple minutes ago, air force one cost too much? this is him moments ago in front of a crowd at boeing. >> my focus has been all about jobs. and jobs is one of the primary reasons i'm standing here today as your president. and i will never, ever disappoint you. believe me. i will not disappoint you. i campaigned on the promise that i will do everything in my power to bring the jobs back into america. you heard me say it before, and i will say it again. from now on it's going to be to be america first. that's my message here today. america is going to start winning again, winning like never, ever before. we're not going to let our country be taken advantage of anymore in any way, shape, or form. we love america, and we are going to protect america. we love our workers, and we are going to protect our workers. we're going to fight for our jobs. we're going to fight

. >> president trump brought his message about jobs to the boeing plant in charleston, south carolina yesterday. the 787 dream liner is being built there, president trump said the plane is proof of an american manufacturing renaissance, he did not acknowledge that boeing said that 30% of the parts for the plane come from foreign factories. president trump said more american factor jobs are coming. >> when american workers wins. america as a country wins, big league, wins. that's my message here today, america is going to start winning again winning like never ever before. >> president trump went on to say that we must fight for every last american job. vice president mike pence spoke at a security conference in germany today he said the u.s. supports nato. during his first overseas trip as vice president he is scheduled to meet with angela merkel. he is protected to travel to brussels for meetings with nato and the european union. >>> the dance marathon at penn state is in full swing. this is happy valley 16,000 people are packed into the bryce jordan center there. they have been danc

may god bless the united states of america, and god bless boeing. [cheering and applauding] >> reporter: noticeably absent from the speech at the boeing plant -- >> it's all fake news, all fake news. russia is fake news. this is fake news put out by the media. the news is fake because so much of the news is fake. i'm changing it from fake news, though. very fake news. >> reporter: his attacks on the >> not a good deal. >> reporter: but the president who will be down in florida once again won't be able to escape his nagging problems at the white house where he's still in search for a national security advisor. one candidate offered the job bob harward turned down the position sources say because of the chaos in the administration. calling the offer an splitive sandwich. a senior administration official said there was zero truth to that pointing to harward's position he was passing through family considerations. he is very much in play to stay on permanently, the president tweeted. >> we are talking to a lot of people, but there's also general kellogg

he will be on hand for unveiling of the boeing's 787 dream liner. more than 7500 people work on the plane at the plant in charleston, south the carolina >> the president still need to find a new national security advisor to replace general michael flynn, his first choice, turned down the job offer. retired admiral robert harward issued a statement saying his family could not support 24/7 demand of the job but cbs news has learned he turned down position because the white house wanted to dictate who could be on his staff. white house chief of staff reince priebus denied that claim on "fox news" this morning. >> family didn't sign off, that is all it is. >> reporter: president trump will win battle to have oklahoma attorney general scott pruitt to be new secretary of epa. democrats called for a delay in pruitt's confirmation to give senate time to review thousands of e-mails between pruitt and oil, gas and coil industry executives but republicans say the vote will go on as scheduled. weijia jiang for cbs-3 "eyewitness news". >>> a lot of people talking

we'll talk about the boe in just a second. thought from you on what is happening with the fed. or changingussion language regarding the balance sheet. when we get the minutes, would you expect there to have been a conversation surrounding that balance sheet, because there does seem to be an increasing view from some members that we need to start talking about the sort of withdrawal of the rolling over of that balance sheet, and if we were to see that happen, that would take a fairly substantial buyer out of the market. andrew: indeed. i think we saw in a statement yesterday, very minor changes, so on the outside, it looks like not much is happening. we'll probably see in a minute, potentially, more color, more diverse views on a particularly on the continuation of the withdrawal of the stimulus. now, this still applies, the reduction in the balance sheet is probably not going to begin until they are at a comfortable pace away from the zero line on the policy rate and we have still got a few more hikes to go before we get there.

the boe asset purchase program stays on hold at 435 billion pounds. he corporate bond buying program, both of which are set to end by the end of this month remains at 10 billion on target. >> how many ways can you say neutral without actually saying neutral? mark carney said that the next move in rates could even be up -- could either be up or down. that is something in line with what the boe was saying back in november. if you were looking for any signal on where the bank of england will go next, mark carney was very reticent. >> what surprised you most out of this meeting? >> i think it was the extent of the growth rate from 1.4% to 2% this year. then the shift of the goal posts, because given the growth upgrade and that inflation is going to be above target for a long time, they should be thinking about moving rates. the way they avoid that was the -- was to say that we think the sustainable level of on employment much lower than what we thought before. they changed that judgment in three months. they just don't want to hike. >> at the same time, on

president trump escaped the controversy of the white house today and brought his message about jobs to the boeing plant in south carolina. this is where they are building the 787 dream liner. trump said it's proof of the american manufacturing renaissance. trump said more american factory jobs are coming. >> when american workers win, america as a country wins big league wins. that's my message here today. america is going to start winning again. winning like never ever before. >> trump said "we must fight for every last american job." meanwhile this was trump at his news conference yesterday that saw renewal of his assault of the news media. in a tweet he called the news media not his enemy but the enemy of the american people. trump is taking it to a new level. scott pruitt has been sworn in as head of the environment protection agency given the oath by samuel elito. he challenged the limits on carbon emissions from coal prant plants. >> largely hidden from view, fbi director james come left this afternoon after meeting with members of the intelligence committee three hours. one attendee said t