Executives just moments ago. The leaders from Multinational Companies like adidas, see mens, necessarily si mens and many more right there in davos. America, he said, is the land of opportunity, and his America First vision, he says, includes global cooperation. So the president did arrive at the World Economic forum very early this morning saying the message hes hoping to send is of great prosperity and great peace. Hes already called his visit a success after seeing, quote, tremendous investment in the american economy. Weve posted our own countdown camera in davos. Bane capitals chair telling us what the vibe is like there. Very different with this first president ial visit since bill clinton. And how the worlds elite view his America First policy and his own business. Plus, they call him Vladimir Putins banker, vtb Bank Chairman and president andre costen answering the questions head on, did he try to help President Trump build trump tower moscow, and is he a kgb spy at one point in his life . Yes, weve got to be the only network asking that question. On wall street, the dow and s p 500 had been didty with giddy with earnings season, but you see the reversal now. The dow, which had been up 206 points, is now up only 60. The s p down 4. Pretty much session lows. And the nasdaq lower by 18. Were less than an hour to the closing bell. Suddenly everythings moving, so youve got to stay with us. Lets start the countdown. Liz and weve got this breaking news. Departing American ExpressCeo Ken Chenault is joining airbnbs board of directors. This is the First Addition to the board since the Vacation Rental company was founded back in 2008. There i am with ken back this may talking to him at the Warren Buffett an yule shareholder annual Shareholder Meeting for berkshire hathaway. Chenault on that actually, no, he is not, he has certainly run the company that Warren Buffett9 has a huge stake in, amex. Also on facebooks board, so hes getting a lot of sort of a new career bump by joining boards of companies. Now, despite the markets dollar dive that i just told you about, the dollar had dough, and hen it has now then it has now reversed. Wall street is looking right now at big losses at least when you compare them to how high we had seen these indexes. The s p 500 now down 3. It had been up 11. The nasdaq had been up 43, and weve got now its down 15. So pretty wild swings on this news that President Trump inen an interview just said that everyone should be quiet about the dollar, dont talk about it. Leave it alone, in essence. We need a stronger dollar, its better for the country, right . You may not have heard of knee well, but you use sharpies, of course, crock pot, yankee candles, today it is struggling with investors, its down right now nearly 22 . The very bottom of the s p 500 after the Consumer Products giant said times are tough, and its exploring options for several of its businesses. And struggling to boost sales, a move that could slash the Customer Base by half. Home depot employees, they can now invest in whatever they want, forget newell, the Company Giving as much as 1,000 to its hourly workers as part of the tax reform bump that the company itself has gotten, joining the ranks of 251 corporations saying that theyre using the new tax benefits to invest in their workers and give back to their workers. Therenot doing too much for the stock, right now one of the worst performers, its down about threequarters of a point, but the stocks been on a really significant run over the past several months. Let me get to davos. A bumpy ride for the dollar at this hour. President trump and his administration, look, you could call this damage control. See these red arrows . Remember at this time yesterday they were all up meaning every single currency on our board was stronger against the dollar because treasury secretary Steven Mnuchin had said yesterday that he thought and heres the exact quote that rattled the currency markets. He said, obviously, a weaker dollar is good for us as it relates to trade and opportunities. Folks, Trump Administration started taking heat from all sides the minute that got out. The wall street Journal Editorial Board did not stay silent, today saying, quote what a spectacle. The man whose signature is on the greenback, that would be mnuchin, tells the world he wants it value to be lower so the u. S. Can beggar its neighbors on trade. The wall street journal oped went on to suggest the white house ought to examine the history of strong and weak dollar presidencies, specifically pointing out under president jimmy carters control, the weak dollar. We saw a complete collapse in the dollar. So now President Trump making these comments, and we should continue to show whats going on with the dollar. Blake, youre there in davos, switzerland. We saw a very quick reversal in stocks as soon as this happened. They went down, dollar went up. Reporter and the president is here in ta vote, liz, obviously, to sell the economic success story, really, that he and the administration see so far in the first year plus of his administration. We just saw a little bit of it a little while ago as the president is dining right now with really a whos who of Business Leaders from all across europe. The leaders, just to give you a few names here, of adidas, bayer, volvo and nestle. Here was President Trump just a little while ago. I just want to say that theres been a lot of warmth, a lot of respect for our country and a lot of money, billions and billions of dollars, coming into u. S. And people are very happy with what weve done not only on the tax bill, but also cutting of regulations. And i think also being a cheerleader for our country. You know, if youre not a cheerleader for your company or your country, no matter what happens, its not going to work. Reporter you mentioned the dollar, and what Steve Mnuchin said yesterday when he got here to davos before President Trump had landed. Well, steve was on this, the treasury secretary was on this very set earlier this morning with maria bartiromo. He was asked about that, and mnuchin said he is simply acknowledging the reality. My comment was just stating the fact which, in the short term, a lower dollar is helpful to our trade imbalance, okay . And has certain benefits. So it was really a statement of fact. Reporter really a statement of fact, he says. In an interview a little while ago, liz, the president said he ultimately wants to see a strong dollar. Liz . Liz blake, thank you very much. And i dont know if you can see this, i know you probably have a monitor there, but look at the intraday of the tow or the nasdaq or the s p the dow. They all pretty much mimic themselves because we had gone from highs, and then suddenly the reversal on this news about the president trying to do i guess a little bit of a public tongue lashing. But you can see how we started to dive just after about 2 15 in this interview where he said nobody should be talking about the dollar. Zip it about the dollar. [laughter] there are a whole bunch of reasons why. You dont want to hurt your citizens of the country by weakening the currency they need to be strong to buy things. All right. Right now its actually just after 9 p. M. In davos, switzerland. President trump has just finished his private dinner. Heres video on the screen. There were a whole bunch of international Business Leaders. This after making his rounds on the first day at the World Economic forum. As business and World Leaders scramble to get in front of the president , i asked the cochairman of bain capital, big private equity outfit, what the atmospheres like, how is it different now that President Trump is there . Hes the first president since bill clinton to visit the World Economic forum. Here is steve. There has been quite a buzz. I actually just saw President Trump come in to the davos hall, the congress center, as you know, and a lot of excitement about that. He has a delegation of seven or eight top officials, and i think thats good because theyre having meetings with World Leaders and talking about trade and economics, and i think more end engagement is better than less. Liz absolutely. Before he even arrived though, he sent up a warning flare by slapping tariffs on things like imported washing machines and solar panels. The message he would say being America First. When it comes to trade deals, how do you as a businessman perceive that perspective . Well, i actually think they softened that approach here. Gary cohn has been addressing folks in the World Economic forum and talking about the fact that, you know, were free we want free trade, but we have to have fair trade. I think those tariffs have not caused a major shock here, and i think theres lots and lots of issues like Global Warming and the global economies in general, strength of the dollar thats dominating the news here. Liz talk about that. You have used the strength of the bain dollars to buy and sell all kinds of operations, take them private, then clean them up. Youre wearing qanta goose. You bought canada goose a couple of years ago. Thats been a huge play. Tell us what the global atmosphere for what you want to do and bringing in money by making those transactions is really looking like. Valuations are high, and what we do at bain Capital Private equity, we have a long history of going in, as you know, and working with founders or buying two companies at once, really trying to transform companies. And that model has worked very, very well through 30 years, and the main issue we focus on is making sure were not trying to make our investment returns on a higher multiple than we paid coming in because the multiples that we are paying coming in now are at the high end. So weve got to bank on really improving the company, improving exports, doing acquisitions, all the kind of things that are in our kind of blueprint playbook and stick to our strengths and be disciplined. Liz this America First tariff move, had it been in place for chinese toy imports which we know has hurt toys r us at least in part, if they were in place, would toys r us, in which bain has a stake, be closing 182 stores or would be alive and thriving . You know, again, i dont know if those tariffs would have meant anything because there was a lot of disruption over the internet and also disruption from the fact that walmart which is a key competitor was using toys as a loss leader. Liz okay. And thats history from a long time ago, and i think its very hard to compare what would have happened in a different scenario. But in general, bain capital and i think the world believes in free trade. It has to be fair trade. And i think the Trump Administration and gary cohn is really talking about, you know, combining free trade with fair trade and making sure the agreements are fair for all sides. Liz fair for all sides. No fairness when it comes to the set isics. Its really unbalanced set ins. Theyre number one, youre part owner of the celtics which is incredible. Number one in the atlantic division. They just snapped a fourgame, i guess, losing streak last night against the clippers. What do you see for your team here . Well, were very excited about the team. Its really exceeded all of our expectations. Its a very young team, and as you know, five minute into the season gordon hayward, a fantastic player and great person, broke his leg, and that was really i was there. Tough to watch. But its incredible to see how these young men have rallied around gordon and the team and had a fantastic record so far. Were looking forward to every game in the playoffs and seeing them grow and develop, and i think they have a bright future. So everyone in bostons excited, the patriots in the super bowl, its a very good time to be from boston. Liz yes. Rub it in. All the new yorkers here are completely annoyed. [laughter] steven, good to see you. Are you going to get to meet with the president , do you think, or be at any International Dinners . Yes. Theres a small reception tonight, and i think the president and his team will be there, and ill be interested to see what he has to say and how hes reacting to being in at the World Economic forum. E think its great because he does have a large delegation, because more engagement is helpful to the world and america. Well look forward to seeing him tonight. And as always, im the warmest man in davos. The canada goose jacket theres a big storm coming in here, its very windy, and those that dont have those jackets are really cold out here. Liz yeah, but theyre 1,000 richer because those jackets cost 1,000. Canada goose. Thank you to steven. By the way, heres whos not invite to the trump dinner anyone russian. Hes known as Vladimir Putins banker. His bank rumored to have lent money to build a trump tower in moscow, and now he may be the next target, he himself, of u. S. Sanctions. Coming up from davos, i ask vtb Bank Chairman and president andre kostin pointblank whats the real story there and which americans are meeting with him in switzerland, because theyre not all giving him the cold shoulder. Take a look at the dow, its up 58 points, folks. That is record. In fact, any gain is a record. The s p, not so much. It had been earlier but has reversed and lost its gains. Closing bell ringing in 46 minutes. A Legendary Invest e or now saying socalled fomo on the stock markets bull party is driving stocks to lifetime highs day after day. Is that fear of missing out now making savvy investors like you guys out there do dumb things with your money . Our traders are ready to tell you next in the floor show. Dont go away. Im a small business, but i have big dreams, and big plans. So how can i make the efforts of 8 employees, feel like 50 . How can i share new plans virtually . How can i download an efile . Virtual tours . Zipfile . Really big files . In seconds, not minutes. Just like that. Like everything. The answer is simple. Ill do what ive always done, dream more, dream faster, and above all, now, ill dream gig. Now more businesses, in more places, can afford to dream gig. Comcast, building americas largest gigspeed network. Can afford to dream gig. snap achoo snap achoo achoo snap snap achoo achoo feel a cold coming on . Zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45 . Shorten your cold with a snap, with zicam. Liz so first the employees get to is see memos from their Billionaire Hedge Fund managers, and then they sometimes give it out to the public. Well, we just got one. Hedge fund legend and founder of Oak Tree Capital howard marks has a memo that was sort of yearend, beginning of 2018 where he says this guys a billionaire unrealistic investors are jumping in head first into the markets because theyre afraid to miss out on the rally. He adds that searching for returns in these skyhigh markets makes them desperate, and we we all know desperation often breeds bad decisions. To the floor show. Look, sarge, the dow is jumping 87 points, it jumped a couple of days this week. Still, people are fearful of missing out, and they havent if they got in even late. So whats the problem here that you see . You know, i, i think there has been a fear of missing out for quite some time. I think the market gets to a point where it has to go sideways, the questions im seeing i have a large exposure because of the articles i write and emails i send the questions have to do more with protection. Theres less of a fear of missing out right now. I think with more of how am i going to protect this january. I already have this year to date gain i never imagined, myself included, how do we lop off the risk associated with the last four or five days of the month as the pension funds, we all know, will be forced to sell stocks going into january 31st . So there is going to be a sell event before the end of the month. Liz scott, what about this worry that people are going to start making panicked, frantic decisions, borrowing too much on margin calls and then weve got bubbles that are starting to burst . Do you worry about that . Absolutely. And, you know, im seeing people make decisions both based on fomo to get into the market but also panicked decisions getting out of the market. So people that would make an investment whether its in the s p, in the futures market, stocks, whatever it is, what im seeing right now is earlier exits from their positions than typically would be. Also based on the fear not just of missing out, you know, to the upside, but that fear also to the downside. So im not seeing so much of the protection buying in vix options or anything like that, but what i am seeing is kind of panicked Decision Making getting on the out. Exiting positions then getting back in [laughter] but its really i seriously havent seen this in my 25plus years of trading. Liz that always makes me nervous. Guys, im so sorry oh, no. Ive got more [laughter] liz okay, go. Really, really fast. No, its not about buying protection. Thats what im trying to say, its about lowering your cost basis. Its selling protection. Its jacking down where you got in so even if you get hurt a little bit, you still have a p on your p and l. Liz profits and losses, for those that dont know. Scott and sarming, good sarge, good to see you. Connell and melissa are going to be big names after the bell. Weve got 38 minutes before the closing bell rings. Dow is climbing up just a bit here, up 91 at the moment. Whats at the top . Well, boeing and then 3m leading the dow 30 after 3m said Fourth Quarter sales increased 9 , and its Electronics Business is dragging growth. But ford finding itself in a sticky situation after reporting disappointing Fourth Quarter results saying theyve got rising commodity costs. Were talking materials, Unfavorable Exchange rates, lacking on the details traders say. All im hearing is blah, blah, blah, im planning on the break. Ford is down about 5 . Up next, americas biggest railroad. Since the trump economy has helped it chug along in 2018, but will leaks about a new trump infrastructure plan send its trains click clacking down a whole different track, a maybe bumpier one . Chairman, ceo and president lance fritz, Union Pacific, joining us next live here on countdown. But its about building relationships with one another. Because that will manifest change. Ill stand by you. Mvo anybody can make a difference. Its easy to give back. Its just a little bit of time. Ill stand by you. Liz now the dows up 110. Okay, as the president and his administration hobnob in the swiss alps, somebody back home is leaking details of the infrastructure plan that he might roll out at wednesdays state of the union address. While the white house hasnt said that the leaked plan is the president s plan, they havent yet said that it isnt. So lets just tell you its got a 1. 7 trillion price tag on it, and then question hovering over it, how to pay for that. Now, adam shapiro just talked about this in the last hour. Something call value capturing where landowners around the construction of bridges and rail stations would be targeted with taxes due to the fact that their property is suddenly worth more because of the new infrastructure. They would be extracting value from the perceived success and growth around the infrastructure plan. One company that would be greatly impacted perhaps by the pending infrastructure, Union Pacific. It runs the largest Railway System in the United States spanning 23 states. And right now weve got the chairman, ceo and president of Union Pacific, lance fritz. Lance, we dont know if that was a trial balloon that administrations sometimes send up to see how people react, but lets just first get your reaction. How would Union Pacific be directly impacted or indirectly by such a plan . Lets start at the highest level, liz. We love Infrastructure Investment because it helps the u. S. Economy be more robust. A good highway system, a safe airway system, robust electricity grid, all that ultimately would benefit the Union Pacific. Now, were a Firm Believer in user pays, right . We main that tape our own rightofway and private property, and wed want the users of those Infrastructure Investments to pay for them as well. Liz do you get the whole idea that anybody who happened to own land nearby a rail station that you might build or who knows what, that they should then be taxed even though theres no firm dollar sign on just how much they may benefit from such infrastructure . So, liz, i havent seen this leaked report or plan, so i really cant talk about those details. I will tell you in general were not big fans of higher taxes. [laughter] liz thats good to know, because i dont think most americans are. Speaking of the taxes and tax plans, Corporate Tax cut, how do you see that affecting you guys . First and foremost, its going to impact the u. S. Economy favorably. I think it makes our manufacturers more competitive globally and more competitive locally. And thats good for us, right . Because thatll, thatll prompt the industrial economy and the consumption economy to grow and prosper. As a result then, thats going to generate more opportunity for us whichll drive capital investment, and itll drive employment, and our jobs are very high paying jobs. Liz and also when theres more demand, theres more commerce and activity, fuel prices tend to go up. Your quarterly numbers, you did get hit by higher diesel prices, correct . What do you do about that when youve got that issue, and yet youve got more carloads because the economys doing better, and companies are selling more, and they need to move their product. Yeah. I would tell you if the diesel prices increasing because of a robust economy, well take that math. Were more competitive than our primary competitor when it comes to fuel economy. Were four or five times more fuel efficient than truck which means were also more environmentally friendly. And right now truck capacity looks like its tight, which is a real optimistic part of our outlook into 2018. So if diesel grows a little bit, weve got surcharges in place to recognize that, and it really generally helps our business from a competitive perspective. Liz you its sort of the railroad that shall not be named, is that Burlington Northern . Burlington northern is stealing some of your carload share, as i understand it. Western cargo. And, of course, thats owned by Warren Buffett and berkshire. Whats going on there, how do you get that back . Can you reverse that tide . Without commenting on anybody elses business model, i would say that we compete aggressively in our marketplace for business. And when we compete for that business, we do the math on can we generate an attractive return off the that business, and will it generate enough to reinvest back into the railroad. Those are the markets and the Business Opportunities that we pursue and take advantage of. Right now the marketplace for coal and International Intermodal is particularly competitive and aggressive. Most other markets that we serve we compete with somebody, a lot of time its truck. And i think were holding our own in most of those markets. Liz well, its great to see a booming economy or at least getting there, starting to really rev up, and i can only see positive things for the railroads. Thank you, lance. Its great to see you. Thank you, liz. Its been a pleasure. Liz based in nebraska, right there in omaha, the choochoos, the original Union Pacific. Its America First here and in calf vote according to President Trump davos according to President Trump. With the closing bell ringing in 28 minutes and the dow the only one in the green right now, but the s p might reverse. Its now flat. It had been down more than four points. Were watching this closely. But the pretty much President Trump is making pitch President Trump is making, that America First on the world stage as he meets with heads of state and heads of business, seemingly missing from all of the guest lists where he wants people to hear that message, anyone russian. Up next, the russian man many call Vladimir Putins banker, andre kostin, with me. You have to hear what he says about the administrations russia snub. Hes still finding a way to meet with some of the biggest names in u. S. Business. Countdown coming right back. He names the companies. Copd makes it hard to breathe. So to breathe better, i go with anoro. Go your own way copd tries to say, go this way. I say, ill go my own way with anoro. Go your own way oncedaily anoro contains two medicines called bronchodilators, that Work Together to significantly improve lung function all day and all night. Anoro is not for asthma. It contains a type of medicine that increases risk of death in people with asthma. The risk is unknown in copd. Anoro wont replace rescue inhalers for sudden symptoms and should not be used more than once a day. Tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. These may worsen with anoro. Call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. Ask your doctor about anoro. Go your own way get your first prescription free at anoro. Com. Liz President Trump on the ground in davos now meeting with World Leaders and business giants from all over the planet. But just not the russians. One russian big wig reportly complaining that americans are dodging russians right and left at the swiss alps shindig to have World Economic forum partly because a sanction bombshell is about to be dropped on Russian Elites including russias most powerful banker, andre kostin, of vtb bank. Chairman and president , andre kostin joins me now from davos. What about that, andre . Are americans in davos avoiding the russians . Well, i dont know. I know that the member of our government was called to say that, but im not meeting any officials at least. Im meeting only with bankers, and we do have meetings with american bankers. Theyre all calling, i know them for more than a todayen years. And business as usual. But i never asked for any american official to meet me because thats not part of my job, frankly speaking. Liz which banks . Which american banks are you meeting with . You know, we work, we work with a lot of banks, jpmorgan, citigroup, bank of america, bank of new york. So we all have a relationship with them, we all have business with these banks. Liz so President Trump is going to have dinner with a group of international Business Leaders. Youre not on russians arent included. No. Understand it would be dangerous for mr. Trump to meet russian bankers. Im always ask whether i ever deal with mr. Kushner, with mr. Trump, will i ever gave money to them. Never. I never saw anybody from the trump family. I never gave money to anybody from the trump family. So thats why im probably not included, because im not a partner. But i understand mr. Trump whos focusing on european ceos and business particularly trying to invite them to informs in america invest in america and have a dialogue with european business. Russians are not included, definitely. Liz you to know that there is this apparent list thats coming out, and you may be on it, that there will be this new list of sanctions that target individual russian business moguls and oligarchs. What is your reaction to the prospect that you financially may be cut off personally from doing deals outside of russia . I am much less concerned you know, we all know that we will die sooner or later. Are you afraid of this . I think not. Sanction list doesnt depend on me. My bank is kicking a very good policy conducting a very good policy of transparency, end open, and we have no complaints on the part of american organizations that we did violate any regulations of any law. If myself and my bank, which is much worse, to be punished because of the the political elite in america seeing that mr. Putin is doing the wrong thing, but i cant very much influence this. I just have to wait and see and then act according to the conditions. Liz youve always come on the show. Youve never said no to me for an interview, but the perception is, andrey, that youre radioactive. The kremlin owns more than 50 of your bank, and im sure youve herald of the investigation going on heard of the investigation going on. Youve just said you had no contacts with anybody, the Trump Organization, youve never lent any money, but theres a guy named felix sader whos done work with the Trump Organization cooperating with the department of justice and said vtb was going to lend must be for trump tower moscow. What do you say to that . Its a lie, its a lie. Hes a crook. Hes a crook and hes lying. Liz simple as that . Absolutely. Absolutely. As simple as that. Liz and speaking of perception, they think you were a kgb spy. Did you ever do spying for the kgb . Never. Never, ever. I swear, and, you know, i never lie to the press. Liz but, andrey, i feel like youre in a very difficult position why . Liz because you run a bank and now that bank cannot do massive opportunity deals here in the United States. You were with me right here on this set in 2012, and you were, you had great hopes. You were about to open a new branch. Right now thats not happened here. You are in 20 other countries. To whom are your allegiances . Is it the kremlin who owns a big chunk of your bank, or is it to all of your shareholders to do whats best and figure out a way to get out from under these sanctions . Liz, its not my fault. Its not my fault. Very clear policy, we conduct very clear policy. We are a bank just the same as any other company in the world, and we are part of these geopolitical games, and i think the russian bank is not very much responsible for this. I think its the american side that decided to go on way of sanctions which i think is damaging for the global economy, for russia, of course. And i can tell you no businessman i know at least says that this was a right and good thing. And i think we are on here, you know, the truth behind us. Thats why im so calm. Liz i know you have a very tight schedule, a lot of people want to meet with you. If you pass President Trump, would you wave hello on the street in davos . He never met me, and he doesnt know me. But i can wave him like this [laughter] because, well, i think, i think its interesting how he is conducting his, you know, war of one person against the whole world. Liz it is great to see you. Thank you very much, andrey. Thank you, liz. Liz next time. Next year. Liz andre kostin. By the way, you may find this interesting, u. S. Interest rates are rising, russias Interest Rates are dropping but still at 7 plus percent. Is the russian reality bubble brewing right now . Andre kostin answers that on claman confidential, go to lizclaman. Com for the online exclusive. By the way, were going to have more from davos tomorrow. Billionaire investor jeff green is there. He is going to join us to share his thoughts on President Trumps speech at the World Economic forum which happens tomorrow morning. So well see you tomorrow. Billionaire jeff between right here on claman countdown. In the meantime, the closing bell is about 16 minutes away. Well, andre costen might not be getting to meet with President Trump, Charlie Gasparino has just learned that the commander in chief made some time for one of his u. S. Business pals in davos. Up next, the exclusive details on a newlyrevealed private president ial powwow. Charlie breaking it next. When this guy got a flat tire in the middle of the night. Hold on dad. Liberty did what . Yeah, Liberty Mutual 24hour roadside assistance helped him to fix his flat so he could get home safely. My dad says our insurance doesnt have that. Dont worry i know what a lug wrench is, dad. Is this a lug wrench . Maybe . You can leave worry behind when liberty stands with you™. Liberty stands with you™. Liberty mutual insurance. [ phone rings ] hows the College Visit . Does it make the short list . Yeah, im afraid so. Its okay. This is what weve been planning for. Knowing whats important to you is why 7 million investors work with edward jones. Liz were just getting this breaking news. We have reports that shares of viacom, as you see, are moving higher by 2 on this report from reuters that a merger with cbs could be back on the table. Reuters is reporting that ceo bob backish and cbs chief les moonves have had an exploratory discussion about americaing the two companies which is something that Shari Redstone who is a huge shareholder of viacom, she, of course, the daughter, shes the daughter of sumner who founded it, right . Well, the talks are preliminary, and no official decision has been made, but redstone would like to see that. It could signal, this meeting, that moonves whos been skeptical of deal could be more open to it now. As long as he gets to control it, im sure. Yep. Liz Charlie Gasparino, did you just finish. I never lie i never lie about being in the cia. I mean, kgb. [laughter] liz total opposite. Was he sort of blinking when do you blink when youre lying or not lying . What do you expect the guy to say . If he tells the truth, yes, im kgb im not saying he is, but if he blurted out something that Vladimir Putin wouldnt like, theres be a cell in the gulag ready for him in siberia. [laughter] liz if hes lucky. Get to my story. Liz okay, lets go. Well, intro it. Liz oh. Trump and davos is actually meeting with a ceo or has been wining and dining with business communities after his administration passed this massive Corporate Tax cut. Now suddenly companies arent so worried about meeting with him. I guess in secret, charlie . Some in secret, some not. This is interesting breaking news. Im trying to figure out how to fit in trumps, you know, hatred of sharks into this, because theres no sharks in davos, right . Liz no. Its the highest city in the swiss alps. Trump loves it there. Apparently the Ceo Community and this is the real story essentially boycotted the Trump Economic Team following his response to the charlottesville riots. Remember jamie dimon, steve schwartzman, all the major ceos went off these various business councils. Liz they left because of the White Supremacists, they didnt like his reaction. They didnt like his reaction which they thought supported White Supremacists, quite frankly. Thats what they did publicly. Since the Corporate Tax cuts and since hes been pushing the Corporate Taxes and since theyve been enacted, a 180 has occurred. Every one of these ceos are now embracing trump, some in private, some in public. All of them are at davos. Jamie dimon could not meet with trump personally, trump was having a meeting with u. S. Business leaders. I think he speaks with foreign Business Leaders tonight. And guess what . But it didnt matter because jamie dimon went to d. C. Last week and met with donald trump, the president , and from what i understand, it was a great meeting, and dimon has said to enthusiastically support trumps business agenda. Another ceo that bowed out of that business council, steve schwartzman, the ceo of blackstone, he from what i understand has been meeting with trump regularly particularly after he got his baby saved, the private the carried interest loophole was saved. Hes been meeting with him privately. From what i understand, hes part of Business Leaders, were getting this from people close to mr. Schwartzman, that hes part of the Business Leaders that personally met with trump today in davos with others. So what you have right now both in private, in d. C. , in davos is a corporate love affair with President Trump after essentially abandoning him, starting out very skeptical. Because, remember, donald trump was very class warfareish, he had steve bannon railing against corporate ceos. Then came the charlottesville response which a lot of ceos, they run public companies, they thought it was bad for business to be associated with someone that seemed to be expressing some sort of positive notion about the White Supremacists at that rally. But now posttax reform which handed businesses, particularly big businesses a massive Corporate Tax cut, handed mr. Schwartzman over at blackstone, basically kept with a few nuances his carried interest loophole, theyre hugging it out with donald trump right now. There is liz big group hug. This is a big group hug. Jamie, schwartzman, you name it, heir all loving donald trump. Theyre all loving donald trump. Liz not the russians, though. [laughter] they dont get to hug him. You know what i like about the russian guy . [laughter] he made it sound like if i see donald trump, i run to other side of street. [laughter] liz no, he was smart. He said he wouldnt recognize me because ive never met him. No russian ever met with donald trump ever they might have met with donald trump jr. But not donald trump himself. [laughter] the other thing is i think its interesting that, you know, he was, like, running he wants nothing to do with the trump story. Corporate america right now loves donald trump. And now, why wouldnt you . Liz giving back to their employees, and the employees like him too. And look at this market right now. Another record for the dow sharks, and he hates sharkings. Liz 25 points. And we do not quite have it for the s p at the moment. It is slightly green, but we need to see. Just about a point and a half higher. Closing bell is six minutes away. Oh, i cant . Liz no, you cant, sorry. Ooooooh snap every truck guy has their own way of conveying powerful. Yeeaaahhh boy. Kind of looks like a monster coming to eat ya. Holy smokes. That is awesome. Strong. You got the basic, and you got the beefy. I just think it looks mean. Incredible. No way. Start your year off strong a new chevy truck. Get a total value of over 9,600 on this silverado all star when you finance with gm financial. Find new roads at your local chevy dealer. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Liz three minutes to the closing bell on the s p even though its up its not quite at an alltime record. It needs a couple of tenths of a point. It just made it. It has to be at 2839. Almost there. Rapper 50cent. Hes sitting on 7 million in bitcoin. Heres the thing. He didnt even know it. He says he forgot that way back in 2014, he took payment for sales of his album animal ambition in bitcoin. He ended up getting about 700 bitcoin. That means hes now worth in that bitcoin pile 7. 5 million. How should he invest it . Lets bring in bill, ceo and cio of capital management. Suddenly you fall into 7 million today. What do you do with it . Well, thats that is a wonderful dilemma. You know, the old saying goes if you want to end up with 3 million, start out with 7 million. Liz exactly. And so the first thing to understand is were very late in whats been a wonderful bull market, which for the professional Investment Community just got recognized in the last three years and for the public is just getting recognized now. So youre late in a cycle, so you want to make your cycle in something that you wouldnt be embarrassed to own during the next decline. And thats a key fact. And the things that are available at good prices and are out of favor are mostly things that are depressed because of fears of the way that their industry is going to get disrupted by the fame companies. Liz well, you say you like walgreens and tgna is that ticker symbol. Bill, were going to put that up on our foxbusiness. Com lizclaman page. But, bill, youre right. It is interesting to see, especially when, yes, this is another record that bill gets to watch over there. 141 points but any gain wouldve gotten us there. Im going to have to say the s p is too close to wall. In fact, ill let melissa and connell sort that one out. Ill see you guys tomorrow. Connell yeah, well take care of that and more. Stocks responding into the close another record high. Second day in a row. Tenth time this year. Ive been counting. Melissa that is amazing. Connell it is amazing. S p and nasdaq they are fighting to join that record territory. The s p just a little bit lower. Im Connell Mcshane in today for asmand. Melissa and im melissa francis. Heres what else were covering during this very busy hour ahead. A full day for President Trump in davos, switzerland now just wrapping up a big meeting with foreign Business Leaders pushing for more investments in america. Before that holding two high profile meetings earlier