u.s. money reserve. early two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> your big earnings of the evening is what else netflix, those numbers out after tonight's closing bell and this will be the first quarter. we're going to see the end back of all the new streaming rivals that are out there for more, we're joined by sarah and julia. is baby yoda just going to crush netflix when we see their numbers tonight? >> well, look. there are two stories for netflix. the domestic story where growth has been slowing we even saw subscribers decline in the earnings report this summer, so we expect the u.s. numbers to be much smaller than international numbers. internarnl internationally, netflix is expected to grow about 7 million new subscribers and i think there's going to be less of an impact globally because disney plus is only really launched here in the u.s. it d

u.s. money reserve. s, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> now for a story hopefully everybody can relate to. a shower head company backed by the likes of apple ceo tim cook and former google ceo eric schmidt launching a new product this week like its predecessor designed to use 45% less water than the average shower head unlike its predecessor n the neighbor of $200 as opposed to $500 with us, post 1, philip winter >> good to be here. >> this is in partnership with moen you are doing a kick starter at the same time. explain why you are doing a kick starter when you have a partnership and big backers? >> we started on kick starter four or five years ago it is a community that gave us life it is an amazing way to bring a new idea to the world. because you get all of these people who are interested in something that will back and you give you feedback. it is our way of gra

u.s. money reserve. rly two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. charles: well the house voting along party lines to send articles of impeachment against president trump to the senate this coming after speaker nancy pelosi revealed seven impeachment managers when this case does go to trial. they will include jerry nadler and adam schiff. what does it mean for the case as it goes forward? here to respond, florida republican congressman matt gaetz. thanks for joining me. >> thanks for having me, charles. charles: the moment of truth is finally here. we'll finally get the thing. what will happen? what is the american public, what should we be bracing for? >> first nancy pelosi told us that president trump was a clear and present danger to the american people. then she waited through the holidays and several weeks beyond to finally send the impeachment articl

u.s. money reserve. o decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. investment opportunities beyfirsthand, like biotech.ne because your investments deserve the full story. t. rowe price invest with confidence. ashley: you are looking at live picture of the senate floor where the impeachment trial of president resumed just a few minutes ago. democratic house impeachment manager congresswoman lofgren of california arguing her case for the schumer resolution on the actual rules of the trial. this was exactly by the way two weeks ago now to the iowa democratic caucuses. fox news contributor robert wolf and the former ceo and chairman of ubs americas joining us now, also a former obama economic advisor. so robert, as this goes on, how much of the country is paying attention? >> well, i caught a break in the green room, and i met lawrence taylor -- ashley: what a great

u.s. money reserve. des in business, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. ♪. neil: it is still a worry today, but yesterday as big of a worry, talking about the coronavirus. cases jumping over 6,000 now. that surpasses sars days cases in 2003 and 2003. 200 evacuees passing exams in alaska. american airlines banning beijing flights from los angeles cutting back major travel by a bunch of airlines as well. doctor, good to have you here. where do you describe things stand right now? >> one of the last things you mentioned about treatment. maybe i start with that. neil: sure. >> we don't have a vaccine for coronavirus, this particular strain of the coronavirus. but cdc, other organizations are been very clear to work fast to get a vaccine. literally moment by moment we're working towards that. in terms of treatment, we know the treatment for the coronavirus, this novel strain, ma

u.s. money reserve. over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> good morning it is 8:00 a.m. at the consumer electronics show, 11:00 a.m. on wall street. "squawk alley" is live ♪ dance i hope you dance ♪ i hope you dance i hope you dance ♪

u.s. money reserve. ver a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> thank you for the history that you've made and the lives that you've impacted. thank you. it's my great honor to tell you that you're going to be the 328th -- >> whoa! >> -- hall of famer into the pro football hall of fame. and your legacy is going to be in canton, ohio forever. congratulations, coach. [ applause ] neil: that was very very nice even though it's the cowboys. the former dallas cowboys coach jimmy johnson getting emotional, deservedly so, after learning that he is going to be inducted into the nfl hall of fame. good for him. deservedly so. meanwhile, the federal government looking to stop its use of civilian drones over concerns about chinese technology now. it's not just the drone thing. it's making them. fox news headlines 24/7 anchor brett larson fresh from las vegas and the ces. you survived. >> i s

u.s. money reserve. rly two decades in business, over a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> good morning it is 8:00 a.m. at snap headquarters in santa monica, california it's 11:00 a.m. on wall street and "squawk alley" is live ♪ ♪ we all have a face that we hide away forever and we take them out and show ♪ ♪ ourselves when everyone has gone some are satin, some are steel ♪ ♪ some are silk and some are leather they're the faces of the stranger but we love to try them on ♪

u.s. money reserve. r a billion dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. ♪ >>> welcome back to "squawk box. rick santelli here live on the floor of the chicago merk. we have big numbers. first look, fourth quarter gdp, up 2.1 up 2.1 we were looking a number of 2%. .1 is better we'll go through a process of revisions. the most fascinating thing of all is the last quarter ended up 2.1. consumption a smidge light of expectations at 1.8. definitely light in comparison to that low bust 3.2 we had in the third quarter. if we look at the pricing index, of course, moderated 1.8 expected 1.8 last leak. 1.4. this time now if we look at quarter over quarter, core personal consumption expenditure, that's up 1.3 of course that's light as well last look was 2.1. so pricing light the headline numbers strong. consumption on the weaker side if we look at jobless claims, last week we had 211 that was revised up

u.s. money reserve. n dollars in transactions, and more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> welcome back, everybody. one stock we're watching very closely this morning is tesla. dom chu is here with news of a significant downgrade we just got. good morning, dom. >> good morning, becky let's look at shares of tesla right now. yes, they have been pair ra bollically to the upside as of late this morning in the extended trade we're off another 4% on some heavier volume. the reason why is because we have seen this nice run in fact stock. by the way, just since about december 5th, that stock is up some 58% during that time frame. now, i note that because on that date back on december 5th, it was morgan stanley autos analyst adam jonas came out with a pretty big call. now today adam jonas at morgan stanley is saying that that stock is now an underweight rating and here is kind of what's driving it they're saying downgrade to

u.s. money reserve. more than a half a million clients worldwide, u.s. money reserve is one of the most dependable gold distributors in america. >>> they're going to be outperformed today and also what is happening with southwest and not as bad as united and american are big casino presence and down almost 8% of this stage and remember in davos you told us that they're trying to help develop vaccines and treatments along with u.s. health regulators they're up about 4% in the premarket trade there. chinese stocks in general. especially the internet related ones this is the etf ticker it's almost down 5.5% at this stage and this move lower that has been about 9% since the highs that we saw a couple of weeks ago. this is a huge ramp up since the summer and watch the china related stocks there and then we'll end on that macrodivergence. oil is taking a leg lower. you can see here part of the virus concerns driving that trade. global demand is a huge focus and gold catching a bit on the safe haiven demands. s

u.s. dollar hedge money and world reserve currency dominance and. partially buy gold back partially by goal but ultimately be quite interest too so big question will be held by central banks it will establish a not the a world reserve currency status and it will be part of the system and you can't sanction a country if the alternative is they can transfer their bowl of ours or their you know whatever into question confiscate all income scale them in vegas for them confiscate will conference. i need to be there you know he's or young to be turkey out of there young turks shot in the glow he does most of the speaking engagements i get he's the younger better looking version of mark so oh don't be so modest you're a good man but you're probably shrewd well thanks for being on the kaiser report thanks for having a great year with you all right not going to do it for this edition of the kaiser report with me max kaiser and stacy herbert like to thank our guest mark isco of morgan creek capital if you want to reach us on twitter it's kaiser report until n

u.s. federal reserve bank has been printing enormous amounts of money and it's going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last $2.00 weeks the 2019 here were in 20202020 but they're still printing the last 2 weeks of $21000.00 a printed $450000000000.00 their assets at their ballot. expanded by that so let's look at that fed balance sheet moves up to 4.166 trillion highest level in 14 months over for him to the 6000000000 over the last 4 months quote in no says is this q.e. this is nothing like it drone powell had said october 8th 2019 you can see that it's a v. shaped recovery in the fed's balance sheet since you know the nasdaq as i said was up 40 percent nearly 40 percent so 60 percent of the gain and the nasdaq happens from that point let's revisit my ongoing theory which is that you've got really low interest rates now for 10 years near 0 or in some cases negative and there are a few private equity folks that are taking all the stock off the bo

u.s. federal reserve bank has been printing enormous amounts of money and it's going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last $2.00 weeks the 2019 here were in 20202020 but they're still printing the last 2 weeks of $21000.00 a printed $450000000000.00 their assets at their balance. expanded by that so let's look at that fed balance sheet moves up to 4.166 trillion highest level in 14 months over for him to the 6000000000 over the last 4 months quote in no sense is this q.e. this is nothing like it drone powell had said october 8th 2019 you can see that it's a v. shaped recovery in the fed's balance sheet since you know the nasdaq as i said was up 40 percent nearly 40 percent so 60 percent of the gain in the nasdaq happens from that point let's revisit my ongoing theory.

u.s. economic growth predicated upon free money which will absolutely implode when the corporate bond market implodes were the idiotic federal reserve achieves its 2 percent inflation target plus whatever the number because you know they measure inflation at 2 percent it's really closer to 8 right how would you like to buy gold the 200 $50.00 an ounce to where i was in 2000 well if you look at gall versus the global debt situation it's cheaper today than it was at $250.00 in 2000 and you have never seen gold under this cheap in probably a 100 years relative to the global debt that's the other way to look at it but anyway michael thanks so much for being on the concert report and i will see you soon in new york i'll i hope so too max a little stacy oh yeah definitely and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert want to thank our guest michael pent up pent up fort that comics you want to catch us on twitter it's kaiser report until next time by all. and we're going to fulfill the repeated promises of possible to the people that come on to. their weaves or box which was. really pr

u.s. economic growth predicated upon free money which will it's absolutely implode when the corporate bond market implodes or the idiotic federal reserve achieves its 2 percent inflation target plus whatever you like to buy go all the 250 dollars an ounce though i wasn't a 1000 well if you look at gaul versus the global debt situation it's cheaper today than it was at 215 and 2000 and have never seeing gold under this cheap and probably 100 years relative to the global debt that's the other way to look at it but anyway michael thanks so much for being on the kaiser report and i will see a center in new york i'll. i hope so too max a little stacy oh yeah definitely and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert want to thank our guest michael pent up pent up for that comment you want to catch us on twitter it's kaiser report until next time i yell. on my in the news in my. painting vows of a time about what was it was a bit. more about. what when but in the same. scene that i don't defend but i'm before but i caught on to him but. now i'm body i'm not moved on. this footage is unique

u.s. dollars for example they are under the complete authority of the federal reserve and they're not the united states and when the secretary of treasury they can measure of. making the most fair moneyto lebanon between them difficult and impossible that means the all the bank excess system will collapse and the start collapsing 3 years ago after the tight budgets of the secretary of treasury who visit that lebanon ok. i mean this is the beauty of that of the man and several times and this all on how much pressure it's not ok to lie basically last as i understand it you're saying that they're perhaps or are outside forces that may be contributing to this and we'll get to that in a moment but 1st and foremost people in beirut that the ruling class in lebanon the question again is could they not had been moving the ball forward and the past 3 months yes the formation of the government needs to an accord between this about but this is a president that in the parliament in order to do the government to take confidence of the parliament and do it to start to do work so the prime minister of the. consulting several parts in order to fair for the government really i think it is a stick to

u.s. stock market is very overvalued the question is why isn't it coming down it should be coming down the only thing really supporting it is the federal reserve and all the money they're printing with their stealth q.e. program although it's not stealth really everybody knows they're doing it they just refuse to admit it but there's no earnings behind this there's no strong economy behind this is it inflation driven bobble but you know the air should be coming out . so industrial metals such as silver and copper they're selling off the road the m. and the precious metal that strips pollutants out of exhaust exhaust fumes that's actually surging right now this comes asia and europe automakers now have to abide by those stricter emission rules but given the weakening auto market in the simple fact that auto sales are declining due to a lack of demand how much higher is it expected to go. well you talk about auto demand or the metals the base metals. go both let's start with the base metals and then as far as the auto demands we see that well it seems to be slowing down a lot right. well auto demand is going to expand over time particularly in emerging markets pl

in iran that iran had reserved retaliated to the assassination of general qassam so the money's on the evening or early hours of the morning iran have fired missiles into iraq at u.s. targets he says that iran is expecting the possibility of war that they will heighten tensions on the battery operator had been sent to this location in iran and he had been informed that there was a cruise missile and he should have made contact with superiors before firing the rockets he waited for 10 seconds or 10 seconds to make that decision but for some reason. because of defense purposes or a network been busy he was able to make communication and he made that decision to fire a rocket and he said that he made a bad decision and that it was a mistake the commanders very regretful he said i wish i was dead and i didn't have to see such circumstances and that the that the shoulder all the blame saying that the aviation authority isn't to blame but that doesn't explain some of the language that has come out from the iran of the last few days denials you had of the aviation authority saying that he was scientifically impossible and in logic of that he was hit by a missile and from

u.s.-china cut it's bank reserve ratios again this in theory frees up more money by lending by the banksr there essentially it means more liquidity, folks this is a nice rally over in europe the euro stocks 600. this is a new high europe has lagged the umgs for yea -- the united states for years now. finally a decent year for them hang se ha hang seng, doing better. shanghai seven-month high there. let's look at here in the united states chinese stocks here. mchi the broader china etf sitting up nicely here ali baba a new high here at the new york stock exchange. that's important semis, of course, this is all china related. emerging markets metals and mining strong utilities are lagging here again you see the effects of more liquidity in china. even more on the u.s. stockmarket. the question is, what is 2020 going to look like the exact opposite situation i keep emphasizing this, on january 1st, 2019, we had earnings recess fears. stocks were cheap. 13.9 historic average. here today january 1st, 2020, we don't have recession fears immediately on the horizon, stocks are expensive exactly

reserve currency of the world and everybody wants to hold dollars. the reason why they want to hold dollars is because the u.s. is a safe place to have your money to invest and hold your assets in u.s. dollars. in the world where everything is going digital and electronic payments, the demand if for u.s. currency continues to go up. literally a lot of these $100 bills are sitting in bank vaults all over the world. particularly in a world of negative interest rates, you can hold u.s. dollars and you don't have to lose money. so there are a lot of benjamins all over the world. lou: mr. secretary, i'm going to do it again. i will congratulate you on a series of achievements and wish you the best as you try to top what has been an extraordinary year this 2019 and even better, 2020. thanks for being with us. the white house is working to brir affordable -- to bring affordable healthcare to all americans. stay with us. we made usaa insurance for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insur

in iran that iran had reserve retaliated to the assassination of general cos and so the money's on that evening or early hours of the morning iran had fired missiles into iraq at u.s. targets now he says that iran is expecting the possibility of war that they will heighten tensions on the battery operator had been sent to this location in iran and he had been informed that there was a cruise missile and he should have made contact with superiors before firing a rocket he waited for 10 seconds yet 10 seconds to make that decision but for some reason either because of defense purposes or a network been busy he wasn't able to make communication and he made that decision to fire that rocket and he said that he made a bad decision and that it was a mistake now the commander was very regretful he said i wish i was dead and i didn't have to see such circumstances and that day they showed all the blame saying that the aviation authority isn't to blame but that doesn't explain some of the language that has come out from the iran over the last few days denials the head of the aviation authority saying that to a scientifically impossible and logical dr was hit by a missile a

reserve. >> not just central banks. i actually think there is money flowing in when he we see the tick data we will see foreign inflows into the risky assets in the u.s. as well the story looks like risk ream yummy shrinking. continuing of last year pe multipling expand. >> we have have been talking about guy adami talking about. any way to quantify how much of this run is central bank driven? if central banks weren't easing, lets say the fed kept rates where they were, just reversed the december 2018 cut but nothing else, where would the market be? >> i think markets would stall maybe not because fundamental flows would stall. but i think perception would change and people would pause to see how things would unfold and therefore stocks would stall. >> i mean, the growth of the balance sheet -- i mean it's historic bush -- dsh but balance of sheet of fed larger than ever in history in an environment where according to people in the administration it's the best economy ever why are we taking emergency measures in a situation where -- what's the emergency >> yeah, i mean, i sympathize with that view, because, you know, at this point in the expansion go