Transcripts For FBC Cavuto Coast To Coast 20240713

Which is a good thing for all parties concerned, and a very good thing for the world. As we continue to evaluate options and in response to iranian aggression, the United States will immediately impose additional punishing economic sanctions on the Iranian Regime. Neil we have not heard a response as yet from the Iranian Regime in response to the president s remarks. Earlier this morning the response to the attacks that were leveled at this american facility in iraq was that there would be more to come. We go to the cow guy, scott shellady, on the impact of all of that. How do you think this is sorting out thus far . Always risky to come to any conclusions before we know what happened, but what do you think . There still could be, well probably still have some scares. Who is kidding who. I was up every two hours last night checking markets to try to build a picture for myself coming in today. This is dramatic turn around from last night at 10 00 a. M. Central. Its a pressure cooker. We took a lot of pressure off. I dont think the pressure is totally off, yes. We havent heard anything from the iranians. We havent heard anything from democrats either. There is a lot to flesh out here. Seems as though from the time being we have taken pressure off the pressure cooker. We might have taken exit ramp here so we havent really heightened things. I think that is good. Markets tell us they like that. Look at the vix. Vix under 13 before i got in the chair. Everything is telling us theyre pleased with the outcome. We might have averted something that doesnt mean it is over. Neil referring to the volatility index which measures a sense of fear or lack thereof. Are markets ahead of themselves. What do you think . Sometimes they get too buoyant and over their skis. What will be truth serum, earnings, see how they come out. Walgreens down hard today. That was a little bit of a surprise. Well need to see real economic numbers. Nonfarm payroll on friday. We need to see real economic numbers on friday. Bolster stock prices where they are. I will say all this as i sat in the chair, we talked about the headwinds. Headwinds were china trade, brexit and usmca. You know what . Those things have turned around. They have been a tailwind so far in the first few days this year. They look to be going that way the rest of the year. If that is the case, it will be hard to beat. These markets look pretty good. Neil you talked about the employment report due out on friday a good telegraph indicator for that, not all the time but a lot of time, private sector job growth, adp survey, surprisingly strong 202,000 jobs added. Estimate was close to 145, 150,000. What do you think of that . Im glad. I think the conundrum, neil, were not seeing a ton of Wage Inflation. Were not seeing employers fight for employees i would have thought with 3 1 2 unemployment rate. Something is going on, were not getting same out of the exhaust. There is something up. I want to see more this year how, maybe Wage Inflation is so elastic it will fling back into play here. Were going to see a lot of inflation all of a sudden. To date, numbers were seeing as far as jobs created, unemployment rate, were not seeing it come through. Im waiting for that. When it comes an issue. That something inflationary that the fed will look at. That could change the picture rather quickly. Neil thank you my friend. Always good catching up with you. All right. Neil president wasnt without upping ante a little bit here, threatening still more sanctions to bring the Iranian Regime back to the bargaining table so to speak. Former uss cole commander on that. Commander what did you think about that . We didnt expect the speech to include a mention of more sanctions. What do you think . I think it was a very measured response that gave the president flexibility to up the antisaying hey, this will not go unanswered. You dont fire missiles at us and do nothing. While at the same token, deescalatory move that gave us offramp hoping the president would take. Clearly he took it. When you look at it, oil markets calmed down. Prices are going down and by the same taken this is what Energy Independence gives you. It gives you National Security flexibility how to deal with complex issues in the middle east because we, the United States are dependent on that oil anymore. Neil commander, we are hearing reports for this raid on this American Military base in iraq, iranians did not use any of their proxies. They didnt want to risk anything using their proxies. What do you make of that . I dont think it was a risk. Iranian government and mullahs themselves felt they needed to send a signal from inside of iran. It was very, very concerning to them that they would farm this out. They wanted to make sure their people understood that iran itself was going to respond to killing of soleimani. So therefore it was absolutely appropriate that they did it for messaging internal to iran but same token they did it in a manner that did not result in u. S. Casualties which would have caused us to the clear the decks. We would have had wider conflict on our hands. Neil you reminded me in the region, just like negotiating with the chinese, about saving face or each side got something from the other but it doesnt remove reality that iran is not a very nice player in that region. It is already threatened repeatedly to do something, anything in the strait of hormuz to disrupt Energy Traffic so what do you think . Well, neil, to say that there are not nice player is the understatement of the year. I think you have to look at it. They are a brutal, ruthless regime that has done anything they need to in order to remain in power for the last 40 years since 1979. They will execute and kill anyone not only in iran, throughout the region and the world. Lets not forget. Hezbollah is very active in the triborder area in latin america. They bombed the Jewish Center in argentina. They continue to go after to target israel. They are within the government in lebanon. So they will do whatever it takes to remain in power. The question i think for the United States now is going to be the longterm view. Iran today is where north korea was 15 years ago. If they continue to pursue the bomb, what is the path that we and our allies around the world are going to have to put in place to prevent them from getting it and are we willing to live up to the full consequences of that decision . Neil any messages for north korea in any of this . I think the message is very, very strong. I think north korea understands that the United States is going to do whats necessary to safeguard our National Security. Again north korea is the only nation that has ever threatened off with offensive use of Nuclear Weapons. Kim jongun understands even though the deadline passed at some point he needs to come to the negotiating table or well be in the position well not allow them to have Nuclear Missiles with minute miniaturizs at top of them and reaching United States and china has to start participating in that process. Neil house is getting set to start 1 00 p. M. Senate, 2 00 p. M. Mike gallagher will be at the one p. M. Briefing. He will take time to join us now. Thank you for joining us. What do you think of the say this seems to be sorting out . I think this is massive victory for President Trump and entire National Security team, if this is all there is. When the dust settles, and it is still settling all we have iranians lobbing some Ballistic Missiles in the desser, beating their chest at home. Meanwhile weve taken most important terrorist organizer, commander, arguably the deadliest, dangerous man in the world off the battlefield . Hard to interpret that anything other than massive victory for the president. Huge meaningful step to restoring posture in the middle east. That is a good thing. If youre interested in reducing our force posture over the long term. Neil congressman, do you have any update . I know nancy pelosi after word of the attack last night wanted to push back this vote on limiting the president s war powers. I believe until next week. Any update on that . No update, but i think it would be wise for them to take a step back. Consider they introduced this draft before they even reviewed any of the intelligence surrounding the attack t wayne until 4 00 p. M. Last night the gang of eight got briefed. I think that is profundly irresponsible as is the rhetoric youre hearing coming out of all democratic president ial candidates. Elizabeth warren suggested on meet the press this weekend this was all part of a wag the dog effort to distract from the ongoing impeachment trial. Bernie sanders suggested that killing a terrorist, Qassem Soleimani and Abu Mahdi Muhandis lets unite americans, republicans and democratses around the basic prince, if you kill our fellow americans well come after you and well not sit idly by while you threaten our people. Neil thank you very much, congressman. Appreciate it. Thank you. Neil the corner of wall and broad the dow at session highs, 70 or 80 points from alltime highs. S p 500 is at an alltime high. Nasdaq is at an alltime high. Gold is giving back earlier gains. Oil for a while. The latter was actually down, after running up and flirting when it came to brent, 70 a barrel. Very different environment, optimism we dodged a bullet quite literally. Did we . After this. Liberty mu. Line . Cut. Liberty mutual customizes your Car Insurance so you only pay for what you need. Cut. Liberty m. Am i allowed to riff . What if i come out of the water . Liberty biberty. Cut. Well dub it. Liberty mutual customizes your Car Insurance so you only pay for what you need. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Im part of a community of problem solvers. We make ideas grow. From an everyday solution. To one that can take on a bigger challenge. From packaging tape. To tape that can bond materials to buildings. And planes. One idea can unlock a breadth of solutions. At 3m, we are solving problems that improve lives. Neil all right. President hopes to resolve the situation with the iranians. What isnt clear what nancy pelosi will do reining in the president s war power responsibilities. She kicked that off until next week. Forget about the impeachment process where that goes, will reining in of president s war powers go in lets get fallout from supposed end to this crisis from charlie gasparino. We have iona Political Science professor judy and wall street journal associate editor john bussey. John begin with you, end with you, will there be appetite to do the war powers thing next week . This did not have the semiending it appears to have today, it might, what do you think . This had been an issue before the congress for many administrations. Neil absolutely, absolutely. Not just this most recent round. Look the president s speech set the tenor for what his administrations view of iran is. It didnt seem to be much of a change. Were going to continue to try to contain them is what he said. Were going to ramp up economic sanctions as well. It didnt answer any of the questions that the democrats have been come playing about. Why did you strike when you struck . You said there were imminent threats. What were the imminent threats . There was no discussion of that. I think were at status quo. Im not sure with impeachment underway that the congress has appetite for another political argument with the president over this particular issue. I think it will probably focus on the impeachment proceedings. Neil what do you think . I think when donald trump acts the way he acted today was president ial, measured. If there was one thing people worried about, can he manage his way, if you think about the markets are ultimate determinant. If trump was crazy, everything that democrats say he is, markets would not be up whatever they are up 200 points. I know it is a snapshot neil but markets dont like escalating wars. They like measured and management. Prom donald trump came out and said they could manage the good case. He gave the good case why soleimani could be killed and situation with iran how well manage this thing. When somebody can articulate management skills from the bully pulpit, its hard for nancy pelosi to compete against that or any democrat. By the way, johns right weve been talking about it for years. If you look at for years nothing ever happened. The president has wide powers. They couldnt rein it in under obama. Couldnt rein it in under bush and that, donald trump, you will not win against. Neil even during the carter administration, they tried to rescue the hostages, congress was all over him for the failure. Yeah. Neil they did surprise with threats of new sanctions against the iranians. He didnt spell them out but it was sending a message to iran, that makes me wonder what irans response is going to be . Two things surprised me. When he first came out to the podium, he said iran will never have Nuclear Weapons. And during, as long as im president. He mentioned he would indeed increase the economic sanctions. To me, that suggests that we are in the same place we were before this latest round of incident. Which is, how do you then insure against Iranian Nuclear weapons which are 10 months, a year out at this point and, increase those sanctions. But what is their offramp. How do you bring them to the negotiating table . I dont think i heard from the president how that is going to happen, that is what i would like to see but how do you get them there . Okay. It will be very hard to get them there through sanctions. What i think is impressive about him is that we are back to square one. I mean you know did not ramp up the war. Neil in other words, back to where we were . Well manage this thing. Well screen you with sanctions. If you screw how did we manage it, if in 10 months they indeed have a Nuclear Program . He has drawn a red line neil theyre not going to honor i think it is a very important point. The unfortunate thing were back to the status quo which is untenable one, if you think about it. The markets if i have affirmation to the latest nanosecond to the moves. Market is not relieved there is not all out chaos. Markets are up. Wait for irans real response. Neil what do you think it will be . It will be what weve seen all along. Neil great satan . Not the rhetoric so much, neil as the efforts in yemen. Neil none of that changes though. I dont think it does. I dont see either offramp articulated by i agree. The risk remains. If these proxies that they cant control or do control if one of them acts there is a lot of risk out there. Neil they use those proxies, they can use those proxies for this attack. This attack, neil, was epsodic. We got month ahead of us. Neil exactly. What is the alternative . What is really the alternative . Is the iraq, iran deal that obama crafted the alternative . They were flouting it. They were going to build a Nuclear Weapon under those circumstances. I dont understand what the alternative is, if you take out one of us, were going to come back. Were manage you and your economy . Neil to be expected satisfactory out come we could hope for . I dont know. If you think iran neil john basing what theyre seeing in the markets. He is right it is epsodic i think there is lot more in this. People thinking about it over the weekend. Is there a case to be made that the obama iran deal was working . And i have not, listen i read a lot on it. I have not seen it. But i would just say you know the best outcome shortterm but does nothing to address the long term. Im not sure were any better off than we were prior. The risk remains. Neil do you think a deal can be had where we enter into negotiations with iran and we try to solve this once and for all or is this impossible . I dont want to say its impossible. I sure hope it can happen. I dont see the president , administration saying publicly how you get there. If you think about the markets. If anybody watching markets think the short term risk, that may have diminished a little bit. Ask Sheldon Adelson of a long term risk out of cyberattack comes out of iran 40 million later. This is real risk. Again neil that wont have that wont have fingerprint. Will we play ball with despotic regime 30 of the population controlling 70 . That is essentially you have. You have religious zealots. Neil that wont change. Will we, were going to enter into deal with people like that. If we dont deal with them, talking about regime change. The president hasnt said that. He actually has. He actual has, with sanctions. He has inside he wants to overturn the regime. He doesnt have to. He said he wants to work with them. Im asking how do you get to the next step . This is good short term outcome but how do you get the long term neil john, end with you, looking at markets, more oil markets, they were running up in participation, american Energy Independence notwithstanding we have to worry there will be another conflagration in the middle east. Yeah. Neil decidedly less of that fear today, which is accurate, last week or this week . Probably this week, right . The iranians dont want to escalate. Americans dont want to escalate. That is good for particular view, needs for the market and of pricing. What happens, down the road . Maybe the tensions are such, charlie has a point. How does this, what are the alternatives . And the continued tension, the continued containment effort will have a price as well. There will be conflicts between the two nations which is probably going to Pressure Oil Prices on upside. Their economy is in shambles. Neil oh, it is. It is only going to get worse. Neil the benefit of this, like Ayatollah Khamenei 40 years ago, a great distraction for a horrific economy. If they want to go do titfortat neil the new term is quid pro quo. Play that out for a second. We dont know, his economy is under immense pressure. We saw protests taking place against the regime were all about last week, but what is the endgame there too . Neil all the protesters that were killed. How does a economy in really rough shape, how does the Central Power maintain power . Usually the way through Saddam Hussein did it. Literally the flipside. They try to find something to focus attention on which is the United States. Increased tensions. Rallying cry. If you get in the mud, what just blew me away, i was not against the iran deal obama crafted at first, give it a shot. If you notice they didnt live up to most of it. They were doing stuff clandestine. Soleimani was spreading terror throughout the world. Neil well see what happens. I think people are just relieved for the timebeing. We have the dow up a little more than 200 points. 22 of the dow 30 component are up. Apple in and out of 300 a share. Exception to otherwise bullish sort of a rule here. Boeing, again in trouble. After this. Most people think of verizon as a reliable phone company. But to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. second man virtualize their operations. woman and build ai customer experiences. second woman we also keep them ready for the next big opportunity. Like 5g. Almost all of the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. Apps except work. Rywhere. Why is that . Is it because people love filling out forms . Maybe they like checking with their supervisor to see how much Vacation Time they have. Or sending corporate their expense reports. Ill let you in on a little secret. They dont. By empowering employees to manage their own tasks, paycom frees you to focus on the business of business. To learn more, visit paycom. Com neil welcome back, everybody. Take a look at boeings stock right now. Is down 1 1 3 . Been down 2 1 2 . It is trying to pare its way back here. It began overnight that reports ukrainian operated boeing 737, not a max, crashed and killed all on board. Jackie deangelis has the latest. Reporter good afternoon, neil. The stock is trading down four bucks after you see the market turned around. This is after the crash. It was a 737, the 800, not the max jet that kept planes grounded last year. The 737 crashed in tehran, iran, overnight t was operated by Ukraine International airlines. 167 passengers, nine crewmembers onboard. Ukraines president says everybody has perished in the crash. The cause of the crash is not known at this time iran has said it will not release the black box to boeing. It will be difficult to find out more without having that piece of equipment. In a statement boeing said this, quote, this is a tragic event. Our heartfelt thoughts are with the crew, passengers and their families. Were in contact with the airline customer, stand by them in this difficult time. We are ready to assist in any way needed, end quote. Now the plane was serviced on january 6th, as far as we know. A spokesperson for the airline said there was nothing wrong with the plane at the time. Iranian news agency were reporting there were technical problems with the plane. A lot to uncover with the crash, neil. Neil do we know, jackie, we dont know the timing of all of this, this dem craig there be no commercial air traffic in and around iran, was this in spite of that, after that warning was issued, do we know . It is my understanding it was just after that but right now the two were not related. So there are some theories potentially there was more to this but more investigation needs to be done as well. Neil jackie, thank you very, very much. Meanwhile irans Supreme Leader issuing new threats but so far no response to the president s response to these developments and the threat of new sanctions after this. This piece is talking to me. Yeah . So what do you see . I see an unbelievable opportunity. I see bestinclass platforms and education. I see awardwinning service, and a trade desk full of experts, available to answer your toughest questions. And i see it with zero commissions on online trades. I like what youre seeing. Its beautiful, isnt it . Yeah. Td ameritrade now offers zero commissions on online trades. Everything your trip needs for everyone you love. Expedia. Neil oil retreating from 8month high right now. It had been soaring overnight, and in a abroad, when you look at brent crude, all of that dissipated. Jeff flock, phil flynn at cme with more. Gentlemen . Five dollar move in oil, guys like you love that stuff. I do. I remember days we would wait a whole year to get five dollar. We got one in less than 24 hours. We were up 3 and down 2. Exactly. Who is making money. A lot of people are losing money on both sides. People are realizing last night was probably overreaction to the news. They should know that by looking at previous events. For example, iraqi, iranians allegedly attacked the Saudi Oil Fields Oil Prices Went up to 67. Came right back down. Came right back down. Here is the other thing, we had surprise build, im looking at numbers, surprise build, we had a lot more oil than we thought. Right. How can they come up with the estimates, how can be it so wrong, they expected a draw of 3 1 2 Million Barrels . Exactly. It turned out to be a build. This time you blame it on the weather to a certain degree. When analysts are looking at numbers, they look at expected refinery runs, imports, exports, you name it. We saw a huge drop in u. S. Oil exports last week. Fog in the houston shipping channel. It was shut down. One off. One off. Should go back next week. Phil, neil, continues to be an oil bull long term. Yeah. You think it is going up. I am. Why . Bullish on the u. S. Economy. Bullish on the global economy. The world still runs on oil. It is a good thing. Okay. Find oil. Neil very profound, gentleman, thank you very, very much. The president is saying that the world needs to work toward a new iran deal. The time has come for the united kingdom, germany, france, russia, and china to recognize this reality. They must now break away from the remnants of the iran deal or jcpoa. We must all Work Together toward making a deal with iran that makes the world a safer, mo peaceful place. Neil all right. Weve not gotten response from iran on that overture or offer. Former Navy Seal Team six commander david sears. What do you think to the offer, theyre up for that, what you do think. Theyre definitely not going to say that like that, neil. It will take time to get them back to the table, i do believe the sanctions, this is gamechanger in reality. Were not back to square one like one of your guests said, soleimani, hundreds of thousands especially from the syria, blood and death on his hands is dead an gone. This really affects iran. The response to this much President Trumps response to this this whole sequence of events really reset the table in a favorable way i believe towards the Trump Administration that hasnt existed since the reagan administration. Neil what do you think if we knew that soleimanis successor, his whereabouts, would we take him out as we did his predecessor . I think it depend on what his actions are and what we can tie to him. Soleimani was in a little bit after unique position, he was designated terrorist by the obama administration. He was under multiple sanctions from the u. N. , all torts of other entities as well. So the justifications and his track record already existed to make it a perfectly legal, legitimate target. Im not sure his predecessor will carry that same mantra with him for a while. Neil that leads to be very careful where he travels where he goes. Dave sears, thank you very much. Appreciate it. Thanks neil. Neil dow up 196 points here. Were 80 points away from record territory. S p 500, nasdaq in record territory, apple, apple is over 302 a share. Some news with apple, that is linked to something that is nothing to do with its overall business, after this. Fore he coe damage. 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This is really for the millenial generation. It means vertical or new in korean. Look at the sero tunnel at samsung. Samsung always has the biggest food print here at ces 2020. It goes to vertical or Portrait Mode watching sports or football it is horizontal. If you need to throw in a Instagram Photo or go to Portrait Mode all youtubers want, you want the big black bars on the side, with a touch of a remote, it immediately rotates. Lets emerge from that logans run type fun snell. I take you over to the actual availability much how this works. So, youre watching tv, correct . Got this remote in my hand, neil. All you do is tap it, and what happens is, it starts to go vertical. Again, this is millenial part trick Type Television set. The remote is apple or android phone. If you have a galaxy phone. Tap it on the side of the great many. It will all sync all your instagram pictures or youtube, tiktok, i know youre into tiktok, neil. It instantly goes in there. I want to show you, neil, do you have have a favorite artist . Got a favorite artist . Neil who is responsible for adeles pictures . Who is responsible for that. Dogs playing poker. You can pick your artist, called the frame television. Part of the Lifestyle Television suite theyre introducing at samsung. Boom, you have that on the wall. You dont have to sit there watching dr. Pimple popper. I know you love that one too. This is very hot ces. Every year it is very big. Were expecting record breaking crowds. Were talking about gadgets. I know you love robots. Let me show you a couple robots weve seen here. Lg has the chloe. They unveiled it last year. Now what they have here, getting a lot of attention, robotic restaurant. It will make noodles, it wail make coffee. It has robotic dish walker, no more, you have to hear, neil, i cooked. You have to do the dishes. That is incredible. Well talk to lg in 3 00 p. M. Eastern claman countdown. This is absolutely cute. The load box. You need a companion, neil. I know you do. A little robotic pet made by a Japanese Company called groove x. It reacts to your moods. I know youre such a nice guy, you will come up in a bad mood, like the your kids put your phone in the microwave. Someone told me that actually happened. It will wag its tail to be friends with you. There are all kinds of robots. We like the rotating television, when you think about it, it is very cool. It is new way at samsung. Not available yet. No pricing yet. Really for the youtube, tiktok generation. They want the Portrait Mode, neil. I know you do too. Neil i dont get it, liz. Take it from me, this internet thing is going to be big. It is just going to be big. Look forward to your show. Continue to a great job there. She is getting, forget 10,000 steps, like 100,000 steps. Lockdown yet again. Fbi is seeking apples help unlocking two iphones for the Pensacola Base shooter. To former fbi director, bill daly. Fbi is worried about this, are you . Shooting in san bernanadino couple years ago, fbi went through same petitioning of apple. Went through a onetime code. Not looking a code unlock anytime they want anywhere. It was meant to be just for this specific investigation. In san bernanadino they got a court order. Apple refused to comply. Eventually the bureau hired actors, paid beaucoup bucks they were able to break into the phones this is instance i think where we have this kind of clash between Law Enforcement, technology, and need to get information and the information perhaps in these phones would help understand whether this person acted alone or the people he communicated with, any other plans afoot. There are a number of things very important to the National Security and personal security that may be on these phones or any other future phones. Neil you always hear the argument, phil, privacy advocates say it is slippery slope. What might be done now to help track down details and timeline of a killer, opens itself up to Law Enforcement spying on people . Well, certainly that is always a concern. I think all the concern for us as citizens, that it is not done in some kind of a willynilly fashion without the proper protocols but in cases i know when the bureau asked for this information theyre asking for them to unlock them on onetime basis, not provide them a source code or programing or, some super code, super user. It is really to give them access for these particular instances. It is something that will have to be tested in the courts because this is not, only time it will happen and i also suggest with other companies an Technology Companies like apple, work in markets not as free market as are, they are confronted with same questions an issues by those governments and how will they respond especially if their business is at stake in those locations. Neil bill daly, thank you very much. I appreciate it. Good to see you. Neil carlos ghosn breaking his silence for the First Time Since his escape from japan. Not very difficult to come to conclusion. Youre going to die in japan or have to get out. Modern utility for modern obstacles. Lease the 2020 nx 300 for 359 a month for 36 months. Experience amazing at your lexus dealer. Whoh no, that looks grossit. What is that . You gotta try it, its terrible. I dont wanna tray it if its terrible. Its like mango chutney and burnt hair. No thank you, i have a very sensitive palate. Just try it hey guys, i think we should hurry up. If you taste something bad, you want someone else to try it. Its what you do. I cant get it out of my mouth if you want to save fifteen percent or more on Car Insurance, you switch to geico. Its what you do. Dog, dog, dog. Im here to shed light on a system that violates the most basic principles of humanity. Im here to clear my name and to pronounce clearly and emphatically something that was interpreted as heresy in the japanese judicial system. These allegations are untrue and i should have never been arrested in the first place. Neil you know this guy is going to be the subject of a movie. Former nissan chairman carlos ghosn defending his decision to leave japan in Robert Ludlum circumstances in 2 1 2 hour News Conference today. Judge Andrew Napolitano was watching every moment of it. He is the star of the liberty file on fox nation. What did you think . Did he comport himself well . I thought he made a compelling case for his innocence. In japan as criminal defendant he must approve his innocence which we dont have here. The government must affirmatively prove your guilt. He boasted he will do it and succeeded doing it. Showed resolutions adopted by news scene, signed by Board Members to have the funds cues he was having if it were a crime in japan. Stated differently, the nissan executives who hated him succeeded in corralling the machinery of the government in japan and weaponnizing it against mr. Ghosn. He is correct. This is a civil dispute between the former ceo and those succeeded him there is no criminal behavior here. What did they do to him . Locked him up in a room for 13 months. Every single day he said confess, confess, well let you go. They would never have let him go. That was a lie. He was able to see see through it, when lawyers managed to give him documents that he to the documents. The state seized them. Neil is this happen in pan. Japans conviction right is 99. 4 . There is no conviction right like that in china or russia. Neil prosecutors, said something to the effect we dont pursue classes unless theyre ironclad. That is true they do say that. They have the power to do types of things ive been summarizing which is so ailian to our tradition. When he says there is no due process he is not exaggerating. There is no due process. Neil you know what i kept worrying about watching the press conference, someone would seize him there, put him back in the Little Black Box and back there is no extradition, getting him from lebanon is that where he is . Yeah. Neil back to japan but could other countries get involved . Let me tell you your fear he might be seized is realistic one. He will look over his shoulder the rest of his life, even if he stays in beirut. Even if he has bodyguards. If he is kip understanded brought to means to a japanese court, court under japanese law, american law, whether situation was in america, doesnt care how he got there. Neil let me switch gears if you indulge me. Were getting word right now. We were looking at a bunch of congressman heading into a briefing. First the house, then the senate later on, or vice versa, i dont know. They will be updated on this. The administration is going to argue taking out soleimani was something that was based on a imminent threat. What do you make of it all . Only twoways that the constitution, president took oath to uphold the constitution. Constitution authorizes twoways federal government to kill. One is declare war. Only congress can do it. The president can use the military to kill the country we declared war. Other is process or jury trial. Neither took place here. If we allow president s of the United States to kill people in Foreign Countries what he fears they might do, he is not a president. He is a prince. Why madison clearly separated the power to decide who to kill from the power of who does the killing. Neil reinforced by the fact he killed plenty prior . So, was that act of vending vengance or effort to stop killing in the future. Neil even if they have proof he might go after more americans, more iraqis not enough. Not justifiable under international law. If he can killer iranian in iraq, can the president of chain kill official of mexico visiting texas because he somehow offended people in china . There would no end. Neil isnt there a distinction here, a guy i know a top general in iran and all of that, so sort of like a highranking figure akin to our maybe even secretary of state, defense secretary, top general, do we make a distinction like that. Yes we do. Neil a butcher is a butcher . Two executive orders signed by two republican president s ford and reagan, prohibited killing officials of a Foreign Government which we have not declared war. Neil so what was the distinction with usama bin laden. Osama bin laden was not head of a government. Neil what is distinction of this guy. Not head of government. An official, an official. This guy is the equivalent of the head of cia, head of the military. Neil both killers . Yes, yes. But, bin laden did not operate within any law. This guy operated within iranian law as horrific as that is to us. That is why ford and reagan said cant do it, unless you declare war. The declaration of war is key. That means there is Broad National consensus in favor of doing it. It is not the president doing it on his own. Neil well see what happens. By the way, on that very issue, nancy pelosi is pushing off a debate and a vote on limiting the president s war power responsibilities for next week. She did so after hearing of the attack last night. Well have more after this. I saw you eating poop earlier. Hey my focus is on the road, and thats saving me cash with drivewise. Whos the dummy now . Whoof whoof so get allstate where good drivers save 40 for avoiding mayhem, like me. Sorry hes a baby iran appears to be standing down which is a good thing for all parties concerned. The fact that we have this great military and equipment, however, does not mean we have to use it. We do not want to use it. American strength, both military and economic, is the best deterrent. To the people and leaders of iran, we want you to have a future and a great future, one that you deserve, one of prosperity. Neil all right. Whatever you make of the president s remarks, they were calming enough to get some buying going at the corner of wall and broad. Markets are high at their highs, in and out of them now, when the president said iran is standing down and so will he, saying his sanctions that are coming up against tehran, the Administration Officials now are briefing the house lawmakers on what precipitated the taking out of suleimani, the top general of iran. We just saw a few minutes ago nancy pelosi walk into that same gathering. Hillary vaughn with the latest from the white house. Hillary . Reporter neil, we just saw secretary of state mike pompeo walk into that meeting on capitol hill, where he will brief house lawmakers on the missile strikes that occurred, hitting military bases in iraq last night. Last hour, the president sending a message of deescalation to iran, urging a path towards peace and offering iran an offramp to work on common interests with the u. S. , like taking out isis. President trumps response to irans attack last night taking economic action against the country, announcing a new round of economic sapgnctions to puni iran, saying he wants nato partners to become more involved in the middle east in the near future. The United States will immediately impose additional punishing economic sanctions on the Iranian Regime. These powerful sanctions will remain until iran changes its behavior. Our economy is stronger than ever before and america has achieved Energy Independence. These historic accomplishments shade our strategic priorities. Reporter while congress is getting briefed right now by secretary of state mike pompeo, along with him is also defense secretary mark esper and cia director gina haspel. House Democratic Caucus leadership this morning signaling there is no timeline for a war powers resolution to hit the floor, but thats still an ongoing discussion. Donald trump may have been an arsonist that lit a fuse that could plunge the middle east into a catastrophic war, though hes trying to pretend as if hes the firefighter. Reporter democrats both in the house and senate say its important for them to send a message to the president through this war powers resolution letting him know that it is still their Sole Authority to declare war, even though the situation with iran appears to be defused for now. Neil . Neil hillary vaughn, thank you very, very much. With us now, the former navy pilot, former Deputy Assistant defense secretary under bush 43, peter brooks. You know, peter, i have been scouring the wires here waiting to see any iranian response to the president s remarks, none thus far, but on the threat of sanctions to come, additional ones, how do you think they sort that out . Well, its going to be tougher on them. I think that the iranian economy contracted, what, 10 last year . And i think its expected to do the same under existing international sanctions. And i think that additional sanctions on the part of the United States is going to make it even tougher for this regime to meet the basic needs of the iranian people. But they have an opportunity, as you saw the president say. I mean, people say theres no strategy, the Trump Administration has no strategy towards iran. I dont agree with that at all. Its always been based on diplomacy. We are going to make it tougher on you through maximum pressure until you come to the table to talk about the things that concern us about the Iranian Nuclear deal and your international behavior. The iranians have refused to walk through that door. The president left that door open today in his comments at the white house. Neil so you know, the iranians were talking a lot about the equivalent of an eye for an eye, tooth for a tooth. I dont know whether this attack on an American Military base in iraq was that, but im wondering whether theyre done and this will achieve that. What do you think . Heres how i see it. First of all, i think they made a strategic calculation on this attack last night. Thankfully, no americans were hurt, nor iraqis. I think that they decided to miss targets that they thought would cause casualties, send them in the direction of u. S. Forces. They sent them into interesting parts of the country, into the kurdish part of the country and the sunni part of the country but not into the sthoohiite par the country which would probably help preserve relations with iraq. And i think they had to send they felt like sthethey sent a message to an external audience which would include iraq and the United States and to an internal audience, the iranian people, who are very unhappy with the regime. They have been protesting for weeks and months about the inability of the iranians to provide for their basic needs. Now, im not clear, he wouldnt let down our guard, neil, in terms of iranian actions. They could continue provocations to try to get out of the stranglehold this maximum pressure strategy has put them in, especially pressuring the europeans, but i also am worried about the fact that Kataib Hezbollah was with suleimani in that air strike and they may try to retaliate against u. S. Interests in iraq. Theres a lot of things to worry about and our Intelligence Services are certainly working overtime to make sure that we know if something is going to happen. Neil peter brookes, thank you. Take a look at whats happening at wall and broad. They are worried about followup action on the part of the iran or anyone else, they have a funny way of showing it. The dow up over 200, alltime highs reached on the 2nd of this year. The s p 500, nasdaq already at records. Gold easing back a bit, oil easing back a bit. Again, the havens that they were little more than 24 hours ago, not so right now. Alan nuckman on all of that. What do you think of this reaction . I try and take a very complicated situation and simplify it by doing, by just focusing on the price. If you factor out the fears and focus on price, we got a lot of signs of stability. You talked about the stock Market Making a full comeback. Really interesting the way we sold off last week and rebounded that even before last night, we were within half percent of the alltime highs. We had a flush out last night, that was more of a test and rejected the recent lows but look at everything else. Gold had a blowoff top. Oil had a blowoff top. The vix is at 13 and Interest Rates which are a safe haven rallied overnight but are now negative. So everything is showing signs of stability. Neil so looking at this reaction, you know, we are kind of back to where we were before we took out this general, which is a middle east thats still a mess, a middle east thats always volatile, but a middle east that for the time being, has kind of reined in iran. But we are back to earnings and back to fundamentals. Exactly. Talk to me about price. Thats whats the focus. The markets usually have it right. What was really important is we held this 3200 level in the s p, we traded between 2800 and 3,000 from i think it was may to october, so that targeted 3200 on the upside. Thats now a support floor and on a weekly basis, look for that to hold. You talked about the fundamentals. Next week we start with earnings. Looks like we will possibly have positive Earnings Growth which we havent had in many, many quarters and thats going to be an amazing focus for the stock market to continue this rally run. Neil all right. Lets get a sense of what companies are expected to do. I know theres been a lot of optimism about earnings picking up pace. I think year over year, about 8 for the year. Is it your sense that thats right . Any uptick in oil prices could hurt that math a little bit but what do you think . Well, oil price here, we are at 60. Traded between 50 and 60 for the longest time, had the breakout and now have come back to the base level. Remember, we were at 70 not so long ago in oil so this is not a real constraint on the market and from my opinion as a trader, Higher Oil Prices are a sign of economic strength. I think it will be a positive sign that some of this Global Growth worry and that overhang has slowed, if you can see Oil Prices Continue to move higher because thats a belief that the global economys coming back. I look at oil as a positive when it rises and im looking for stocks to continue to do what theyre doing. The president has a vested interest obviously in our stock market and hes going to do everything he can and will do anything to keep it moving to the upside. Neil you have been prescient on all of the above, so thank you. We hope you are right on all of that. We shall see. Alan nuckman from the cme. Meanwhile, the dow and its impressive performance, it would be even more impressive, walgreens is one story but really, the story is boeing. If not for boeing alone, we just might be in record territory there. After this. [ applause ] thank you. Its an honor to tell you that Liberty Mutual customizes your Car Insurance so you only pay for what you need. I love you only pay for what you need. Liberty. Liberty. Liberty. Liberty. Most people think as a reliable phone company. But to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. second man virtualize their operations. woman and build ai customer experiences. second woman we also keep them ready for the next big opportunity. Like 5g. Almost all of the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. Neil all right. The weird thing about that plane crash in iran is that the country is refusing to hand over the black box of the ukrainian jet itself to boeing. Fox news correspondent dan springer has the latest details. Dan . Reporter yeah, neil, thats very unusual. Theres no Firm Evidence at this point suggesting the rocket attack launched from iran four hours earlier played a role in the deadly crash, but a lot of questions are being raised by the information that has come out and the threats made in the last couple of days. Within hours of the 6 00 a. M. Crash in tehran, officials from iran and ukraine said the cause was a mechanical problem, but ukraine has since backed away from that statement. Iran has not. Its also saying it will not turn over the flights black box to boeing which built the plane. The Ukraine International Airlines Flight crashed just six miles from the tehran airport. Flight tracker data shows it climbed to about 8,000 feet, then lost all contact. On monday, irans leader rouhani seemed to threaten a terrorist attack in a tweet. In response to President Trump, saying he had 52 targets in iran picked out, rouhani tweeted those who refer to the number 52 should remember the number 290. Never threaten iranian nation. 290 refers to the number of People Killed in 1988 when the u. S. Navy accidentally shot down an iranian passenger jet. Months later a terrorist attack brought down the pan am flight 103 over lockerbie, scotland. But terrorism is less likely when you consider most of the victims were from iran. 82 of the 176 passengers, 63 were also canadian and none were american. Some are speculating it could have been iran that shot down the plane with its air Missile Defense by mistake. Now they are trying to cover it up. The planes fuselage was in small pieces, suggesting to some either extremely high air speed or an air explosion. Irans transportation minister told his staterun news agency there was a fire in one of the planes engines but there was no communication from the pilot supporting that. As for iran withholding the black box, the u. S. State department issued a Statement Today saying quote, we will continue to follow this closely and stand prepared to offer ukraine all possible assistance. The United States calls for complete cooperation with any investigation into the cause of the crash. Boeing says it is ready to assist but the company may get shut out by iran and i tell you what, this plane, this 7378 has been a very safe, reliable plane since it was introduced back in the 1980s. So its a very reliable plane. There have been some fatal crashes, but to suggest that this was a fire in the engine and no communication from the pilots to the ground is hard to believe. Neil yeah. Thats a very good report. We also know that it got a good clearance on the 6th, just a couple days ago, right . Reporter thats right. It had routine maintenance just a couple days earlier. So nothing showed up in that routine check. Neil amazing. Thank you, dan, very much. Dan springer in seattle, the home of boeing. So what really happened here . So much we dont know. Pilot Navy Aviation analyst trying to put together what little he can glean. We were speaking during the break. This happened roughly two minutes after takeoff. Did you learn anything . What was happening in that two minutes prior . I was analyzing the flight data before your show here and looking at the air speed, everything appears normal. The plane climbed at a normal ascent rate, the speed appeared normal. Normally in previous crashes, you will see altitude and air speed fluctuations like crazy. Everything here looked normal. Also, just shy of that 8,000 foot, where contact was lost, usually you will see the air speed going down. In this case, just everything ended. There was no communication. That 737, you can climb on one engine. If you have an engine failure or engine fire, that airplane can climb normally on one engine. So if that was the case, the pilot should have had time to contact air Traffic Control or make some kind of distress call but nothing happened, so basically, just shy of 8,000, everything was lost. Neil so you have originally the iranians and ukrainians saying this appeared to be an engine related issue or something to that effect. The ukrainians have since said no, no, we cant say that just yet. What do you make of that . The timing is very suspicious. Its almost like getting struck by lightning. To have two such major events happen so quickly and so close together is very strange. You know, i just cant figure that out. Neil talking about two events, the crash of this and then the heightening hostility . Thats correct. And the key here is those Missile Defense systems that they possibly have, similar to our patriot missiles. If one of those went astray or one of those wasnt programmed properly or whoever was at the controls there did something wrong neil do we know the timing was similar to the attack on this compound in iraq . Yeah, it was close. I dont know the exact timing of it. But i mean, they were on guard. Nobody knew what was going to happen the next day so im sure those batteries were staffed and manned with the anticipation that possibly Something Big could have happened today from the u. S. And its very interesting. Neil yeah. Let me ask you as well about i dont know whether its before or after the accident, it was highly recommended that all commercial traffic cease in the area of iran and iraq. I noticed the faa has similarly extended that to iraq. But obviously, planes are still flying. Now, International Carriers can do whatever they want, right . That is correct. U. S. Flight carriers have to abide by the federal regulations because they are certified by the faa. That is very common for the faa to do in any kind of war situation or even any kind of civil major disaster like volcano eruption. The faa simply is protecting the air space and protecting the aircraft that fly in that air space. So there really should be nothing inferred from the faa putting that directive out. That is common place. That happens all the time. Neil will anyone else ever see this black box . Its interesting, i think the pressure obviously is going to be put on iran. Typically the ntsb will get involved in major developing countries investigations as well as boeing. So i mean, the more they keep this black box secret, i think the more it pretty much makes iran look bad. Neil all right. Thank you very much for that, kyle bailey. Again, this happened two minutes after the plane took off from tehran. So much we dont know. Waiting to find out more to this point. Boeing stock down a little more than four bucks. If not for that, we would be touching record territory for the dow. We are still within about 80, 90 points of that. Boeing is a big contributor why were not there yet. Meanwhile, move over, ford and gm. Tesla now the worlds most valuable automaker. Amazing. After this. Our Retirement Plan with voya gives us confidence. Yeah, they help us with achievable steps along the way. So we can spend a bit now, knowing were prepared for the future. Surprise we renovated the guest room, so you can live with us. Oooh, well. Im good at my condo. Oh. I love her condo. Nana throws the best parties. Well planned, well invested, well protected. Voya. Be confident to and through retirement. About being a scientist at 3m. I wanted them to know that innovation is not just about that one aha moment. Science is a process. It takes time, dedication. Its a journey. Were constantly asking ourselves, how can we do things better and better . what we make has to work. We strive to protect you. At 3m, were in pursuit of solutions that make peoples lives better. This rounds on me. Eat. At 3m, were in pursuit of solutions hey, can you spot me . Come on in. Find your place today, with silversneakers. Included in most Medicare Advantage plans. Enroll today by calling the number on your screen or visit getsilversneakers. Com neil all right. Well, investors are chomping on grub hub shares. See what i did there . Anyway, they are surging on reports that the companys exploring a possible sale, this whole delivery of food and everything has gotten to be all the rage. Grub hub a leading player in that category. We will keep you posted. Meanwhile keeping you posted on tesla, simply on a tear, reaching new heights right now. The company is now the most valuable car company in the u. S. , bigger than ford, bigger than gm. To chief investment strategist keith fitzgerald. Now i know why elon musk was dancing. Hes probably feeling that and liking that because so many had dismissed that he would ever see a day like that. What do you think . Oh, i think you are spoton. Any time you tell elon musk something cant be done or its impossible, its an invitation for him to go try. I think hes actually justified to be dancing onstage. Neil yeah, but there are some people like myself who shouldnt. I will leave that alone. What do you make of the fact that whether its tesla, but so many of the Car Companies that are going electric in a big way, norway now 42 of the vehicles, electric. China in this deal it has with tesla to do pretty much the same, not in percentage terms, all the major Auto Companies were showing ford, gm, toyota, volkswagen, electric vehicles, lineups that are expanding. Is the demand there to match all that . I dont think the demand is. I think this is one of those circumstances, neil, where it is the tail wagging the dog. Clearly we are going to need to make that shift at some point in human history. Whether or not its now, whether its got the immediacy, i dont know. What makes musk so distinct, it is musk himself who is the pied piper in this movement. Thats what gives the stock such imagi magic. Neil if i can step back quickly, what do you make of the relief rally, whatever you want to call it, from the developments in the middle east and iran, maybe the tensions easing a little bit or maybe they are getting ahead of themselves . What do you think . I think the markets are probably reacting about normally, which is a strange thing to say because i remember, for example, when the soviets went into afghanistan, i remember a lot of other conflicts in the course of my professional career, this strikes me as different. Weve got a lot more leverage, a lot more awareness that the Business Case for these companies that continue to plow higher is good, despite the fact weve got political rhetoric, weve got a complicated situation in the middle east. So this is an affirmation of normalcy. Neil if i can talk about facebook, its Vice President put on the wire talking about the 2016 election and hes convinced that a lot of the facebook ad campaigns actually helped donald trump become president. What did you make of that . Well, you know, im chuckling because i think hes in firm command of the obvious. Whats he trying to achieve by making that statement now . That to me is very suspicious, especially given the fact that facebooks posture is one of hey, we cant control that. We can control advertising but we dont have anything to do with political stuff or hot potatoes. Neil i read in between that, theres division in the ranks on this. Like theres almost a mutiny going on about how far facebook goes in this area, right . Well, thats certainly my read. I talked to a lot of folks on both sides of the fence and my sense is there is a growing divisiveness within the company. Then again, though, you are seeing that within amazon, within google, within a lot of the Silicon Valley companies that are confusing business with social posturing. Neil keith, thank you very, very much. My pleasure. Neil all the major market averages are up. Two of them, two of the major ones, nasdaq and s p 500, in record territory. Not so, the dow but we shall see. A lot really depends on iran and its official response to the sanctions the administration wants to increase on them. After this. This is the age of expression. Everyone has something to say. But in a world full of talking, shouldnt somebody be listening . So. Lets talk. We are edward jones. With one Financial Advisor per office, were built for hearing whats important to you. One to one. Edward jones. Its time for investing to feel individual. Through the at t network, edgetoedge intelligence gives you the power to see every corner of your growing business. From using feedback to innovate. To introducing products faster. To managing website inventory. And network bandwidth. Giving you a nice big edge over your competition. Thats the power of edgetoedge intelligence. Neil we are getting a lot of emails in reaction to our guest, the pilot aviation analyst kyle bailey about what exactly brought down this ukrainian airliner that was lifting off from tehran and two minutes later, crashing, all 176 aboard killed. He raised the possibility that some unexpected catastrophic Development Two minutes into that flight led to this. Among those being bandied about, the iranians themselves accidentally brought it down in the middle of that missile attack on this u. S. Compound in baghdad. Theres no way to know that because theyre not sharing that black box. If and when they find it. But it does raise a lot of questions. Trey is in baghdad with the latest. I want to throw this at you. Let me ask you about that. What are you hearing on this plane . Reporter look, neil, a lot of questions in baghdad after many developments last night. We saw those Ballistic Missiles fired from iran but when it comes to this plane, you have to realize whenever all this information is going around, whether it is iran, iraq or the u. S. Troops that are stationed across iraq at iraqi bases, there are Missile Defense systems and there are preparations for the possibility of conflict escalating. The iranians certainly had different Missile Defense systems ready to go. We dont want to speculate about whether or not this plane was shot down but i will give you some information that we have been able to confirm about airlines who are trying to maintain their safety records for the region and ensure that there arent any sort of accidents. We do know that royal jordanian, egypt air and additionally, some other European Airlines have stopped all flights into baghdad out of concern that planes could be mistaken as targets. Again, we do not know if this was the case with this ukrainian flight that took off from tehran, crashing shortly after takeoff, but that is certainly going to be a question for many people in the region as they try to put together the pieces about what exactly happened last night. To describe a little bit of the chaos that unfolded as we got that news in, just before that, we saw those 15 Ballistic Missiles fired from iranian territory towards that military base in western iraq that does house american troops. According to defense officials speaking to fox news, 15 Ballistic Missiles were fired in total. Ten of them reached their target at the alassad base and four of them failed, one of them landing in the northern iraqi city of erbil. You have all this information flying around and the big question tomorrow, what does it mean for relations between the United States, the iraqis and the United States and the iranian iranians . We saw the president earlier saying he would like to extend an olive branch to the iranians to try to work out some sort of deal and Work Together moving forward. We didnt hear any condolences from the president there specifically about that Airline Crash but again, its a very difficult situation for the americans, as they are preparing for the possibility of having to respond militarily to the iranians. The iranians now today are not only dealing with the fallout of the attack on that Iraqi Military base that housed american troops, but also trying to understand what exactly happened last night and there are a number of theories flying around as to what could have occurred, whether it was an accidental shooting down of this plane, whether it was engine failure or some sort of technical issue. This is certainly going to be something that boeing is going to try to look into but as you mentioned, the iranians say they will not hand over the black box from that plane so its a difficult situation when all the facts arent initially going to be on the table. Neil do we know for sure whether americans were given a headsup about this imminent attack . Reporter it appears according to defense officials who have spoken with fox news, the americans were given a headsup in a nondirect way. So it appears the iranians actually gave the iraqis a headsup, according to iraqi Prime Minister abdel mahdi. He was given notification and immediately protested the strikes, calling it a violation of iraqi sovereignty. It appears the message was delivered in an effort not to put any iraqi lives at risk and create a further diplomatic crisis between iran and iraq. That point, the iraqi forces notified some of the americans. One point we heard out of the pentagon today is that the department of defense already knew based on some of the information and intelligence that the americans do follow in the area that the iranians were likely going to fire Ballistic Missiles. For outside viewers who arent really seeing all this information and intelligence firsthand, it was a major, Major Development because in the past, we have seen iranian proxies attacking American Forces with rockets and smaller weapons within iraq. Firing Ballistic Missiles from iranian territory definitely racheted up the tension but as the president noted, American Forces were prepared for that so they were likely able to go into bunkers and be underground to ensure that they werent going to suffer any casualties. Additionally, it does appear the iranians werent looking to completely escalate and unravel this entire thing into a larger conflict, but they knew exactly where on the base they were targeting. Its difficult to say whether or not their missiles had the right precision guidance to be able to strike exactly where they intended them to go, but again, no casualties so thats a very positive development out of the middle east. Neil trey, be safe, my friend. Thank you again. Lets get the read on this from the former secretary of the army. Van, if it was calibrated to the degree that the iranians wanted to make sure we at least had an indirect headsup, that would seem to defeat an argument, the reason for the markets to advance, that the rising hostilities have ceased. Do you buy that . Weve got a good Early Warning system, no question, as the president noted, but something i heard today from a real student of open Source Intelligence who looked at a lot of data over the last ten hours, and the word that i got from him was that we did get a headsup, the iraqis of course got the headsup and we got a headsup from another country that the iranians communicated to another country. They were obviously looking for a facesaving measure and they wanted to be sure we didnt retaliate. Neil so if i could switch gears, im still confused over why the iranians are not sharing that black box for this ukrainian jet crash. It could just be spiting us and not helping an American Aerospace company like boeing. I get that. But a lot of signs dont point to just mechanical error. Im hearing this from guests who have appeared on this very show. What do you make of it . It doesnt make any sense. Of course, Ukrainian Airlines has revised their statement three times now. No, its people i have talked to believe that if they had to bet, the iranians probably accidentally were behind this. Neil so if that is the case, theyve got multiple tragedies to deal with, whether they were behind this or not, with the crash, 176 dead, and then the series of earthquakes that happened soon afterwards, they are hurting right now. They are hurting bigtime right now. Thats why the president said his goal is to get a Better Nuclear Deal with iran. I think the way he does that, im glad to see hes going to have increased sanctions today but theres even more we can do. They are feeling the heat. The ayatollah and hefnchmen who rule the country, theres a disconnect between them and the people. The president talked about them killing 1500 protesters. They have detained 12,000. They are running out of space in their own prisons, threatened to put some of these people into elementary schools. They have got real problems. As soon as these protests began, around the middle part of november, what did the regime do . Shut off the internet. There are things we can do right now to, i believe, and a lot of cyber experts believe this, things we can do to keep the internet up and running for the people of iran. Lets dust off the old Ronald Reagan playbook like he communicacommune communicated with the people of poland. Lets have some farsi speakers communicate with the people of iran. Thats how we get a better deal. Maybe we just might have the outcome in iran like you had in poland. Lets keep the heat on and help the people of iran to get a better deal and maybe topple that regime. A lot is going on inside iran. The Iranian Military has even put together recently a psychological warfare handbook to educate their folks on how to break up these protesters and these crowds. They got problems. Neil they do. To put it mildly. Van hipp thank you very, very much. Some relief going on at the corner of wall and broad. That, you know about. Some relief affecting the rest of us, all of us. U. S. Cancer deaths are now falling at a record rate. The good news, youre not hearing that you should be hearing and you will, after this. At fidelity, online u. S. Stocks and etfs are commissionfree. And when you open a new brokerage account, your cash is automatically invested at a great rate. Thats why fidelity leads the industry in value while our competition continues to talk. Talk, talk neil all right. I told you earlier if not for boeing, we would be a lot higher on the dow. If not for walgreens, we would be in record territory. The onetwo punch are those companies hurting. In walgreens case, its disappointment over a 25 drop in profits in the latest quarter. Deirdre bolton has more. Hey, deirdre. Deirdre hey, neil. Im right in front of this walgreens, as you can see right here in times square, and you mentioned the earnings disappointment but theres really a larger strategic shift thats happening. Years ago, when we went and got prescriptions filled, people would buy household items, candy or gum or shampoo or paper towels. That is no longer the case. More and more consumers are shopping either getting all of those things from amazon or from walmart, so walgreens is really facing this retail pressure, if you like, and thats certainly one of the biggest drawbacks, what showed up in that earnings, disappointing earnings quarter. It has tried to keep foot traffic there. They have this partnership with fed ex so if you go to pick up a package or drop one off, they are still trying to get that foot traffic business but it really didnt move the needle enough. From a second angle, they are under pressure from Insurance Companies that are actually paying walgreens and other competitors such as cvs less for filling prescriptions so thats difficult, too, almost to the point where people are saying you know what, maybe this company should be taken private. But it would be such a large ticket, such a big amount to finance. Most analysts saying it would be about 70 billion in combined structured debt and also equity. That would actually be the biggest leveraged takeout ever, if it happened, and normally when private equity firms do this, they do this because a company is growing, theres a growth trajectory, and walgreens for the past few years actually has seen declining profits. So theres a lot of strategists saying maybe it would make sense for walgreens to be taken private but there may not be a private equity firm to do it or one that can find partners. Also just want to mention one other dark cloud thats really hanging over walgreens. It actually was responsible, according to some results, for about 20 of opioid products that were sold in the height of the crisis. So it is the one lone standout in a federal case. Its going to be going to court sometime this year as a defendant but the plaintiffs are alleging that essentially, walgreens was just filling these prescriptions for these highly addictive pills with absolutely no oversight and no checks or balances. Back to you. Neil thank you very much, deirdre. Meantime, we are keeping an eye on australia. We have not forgotten those wildfires going on there. And the concern that this spreads way beyond just australia. We will explain. She wanted to move someplace warm. But he wanted snow for the holidays. So we built a snow globe. Ill get that later. Dylan but the one thing we could both agree on was getting geico to help with homeowners insurance. What . Switching and saving was really easy i love you what . Sweetie hands off the glass. Ugh call geico and see how easy saving on homeowners and condo insurance can be. I love her beyond the routine checkups. Beyond the notsoroutine cases. Comcast business is helping doctors provide care in whole new ways. All working with a new generation of technologies powered by our gigspeed network. Because beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected. To do the extraordinary. Take your business beyond. Thats it. Im calling kohler about their walkin bath. Nah. Not gonna happen. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of mind. Neil all right. We are getting word right now that apparently, this is coming from our john roberts at the white house, that the u. S. And iran exchanged messages through a swiss intermediary. This was soon after, after the missile strike. Obviously the markets are responding favorably to these developments. Not only the details here but the idea that things appear to have calmed down. Making money host Charles Payne on whether that lasts. What do you think . Charles i think so. You know, today, believe it or not, there was other news and adp jobs report, 202,000. You know, well see friday, i think friday morning we will be talking about the u. S. Economy and can it keep going, can it start to really rebound, because a lot of these issues we had last year seem to be behind us, at least temporarily. Neil you know, you always remind me, that has been the backdrop here, despite these fears that rise and fall, legitimate fear, lets face it, going on in iran and iraq and all of that, but has this dissipated for you . You have to focus on the fundamentals, on how earnings are looking, how the consumer is looking, all of that. The backdrop remains pretty solid, in your eyes, right . Charles the economic backdrop here, not only remains solid, theres an argument that we are really accelerating in this economy, driven by that strong consumer, households getting married, having kids, the oldfashioned American Growth from the bottom up. It feels pretty good right now. You never know what could come out of left field but right now, it feels like thats on the back burner and we can focus on the United States. Neil thank you, my friend. See you in about eight minutes. In the meantime, some other good news to share with you. Some promising developments in the fight against cancer. Cancer deaths in general are dropping to their lowest level on record. To fox news medical correspondent dr. Marc siegel. Pretty good news. Is that across the board with all cancers . Yes, but some are more effective than others. I want to tell you how great this news is. Its three million less deaths from cancer since 1991 than we were anticipating. 29 decrease. In the last year alone, we are seeing 3 less deaths from cancer. The largest decrease on record. Why is this neil whats behind it . Why is this happening . Its mostly lung cancer. Mostly because we are getting early detection, we have immunotherapy to offer now that we didnt have before, we have better treatments across the board, personalized medicine and the number one elephant in the room, less smoking. The impact of smoking being cut down to 14 of americans, over the years, has decreased lung cancer deaths dramatically. We also, this is very exciting, have new treatments for melanoma. So melanoma spreads, we figure it out, give immunotherapy and are saving lives on the melanoma front. The problem we have is colon cancer, breast cancer, people that are overweight are more inclined to get fatdriven cancers. That we still need to work on. But overall tremendous improvement. Neil this is why i wanted you on remote because i cant suck in my stomach that well. Let me ask about the singer adele. Shes been losing a lot of weight and has been getting criticism, what is she doing thats got them all upset . First of all, we are big fans. We are not about to criticize her too much. I will be careful here. I like everything about this diet. Its got kale in it, love kale, its got green tea, apples, fruit, dark chocolate. Its got blue berries, turmeric, a natural antiinflammatory. One thing i dont like in it, red wine is allowed. I love red wine but i cant go on tv and say red wine is neil shes losing a lot of weight so it looks like healthy stuff. Right . Its healthy but you have a big calorie restriction at the beginning, the first week, which im not a fan of. But i love the foods in this diet. Heres the theory. Theres a gene in the brain, the sirt1 gene that causes skinniness, directly. This gene says skinny, skinny, skinny and these foods turn it on. I dont know if i believe that but i like the foods. Neil it hasnt visited my body. Let me ask about this. You warn your patients just eat sensibly and exercise. Thats what it comes down to, right . Thats what i think. I like intermittent fasting where you dont eat at night or much on weekends. Got to exercise regularly, cardiovascular exercise, small portions and not a lot of carbohydrates. A glass of red wine occasion occasionally. Neil skinny or not skinny, adele good, right . Shes magnificent. Neil more after this. Listening and observing are Critical Skills for scientists at 3m. One of the products i helped develop. I envisioned what its like for babies to have diapers around them. Thats what we do at 3m, we listen to people, even those who dont have a voice. At the end of the day, we are people helping people. Neil australian firefighters working around the clock to get some control over these fires. Some days are better than otherses. Fox newss kitty logan with the latest. Reporter there has been brief rest fight for firefighters on the east coast. Cooler conditions, thunderstorms and rain that has given opportunity for some people to assess damage to their properties. Estimated 2,000 homes have been destroyed and 26 people are known to have died so far. Countless wild animals have been killed. Koalas are heart hit. They cant out run the flames. As much of survival as much of their habitat has now been destroyed. Amidst all this, the Prime Minister, australian Prime Minister, Scott Morrison is facing fierce criticism all around handling of the crisis, many calling on the Australian Government to take real action over climate change. Wildfire season is devastating for australia. High temperatures, below average rainfall sparked a drought and it is not over yet. There are still 100 fires burning and coming up there is more hot weather forecast, more windy conditions. That is still could spark new fires. Back to you. Neil kitty logan, thank you very, very much. Before i hand things over to Charles Payne, a Big Development from her magi at thiss kingdom across the pond, nothing to do with brexit, having to do with harry and megan, duke and sussex apparently leaving royalty and many reflections and discussions we choice to make a transition, starting to carve out a progressive role within this institution. We intend to step back as senior members of the royal family, work to become financially independent while fully supporting her majesty. Particularly with your encouragement we feel prepared to make this adjustment. They have not indicated where they are going to go, what they are going to do. They are technically in the royal family but to the actively involved with her majesty. Please accept our deepest thanks for your continued support. Charles payne follows market implications for all of this. No doubt they will seek his financial advice. This is Big Development. Harry and megan stepping away from the royal family and daytoday pressures there m. Charles market dropped 20 point as you read that. Neil neil not surprised. Somewhere an avocado stock is going through the roof. Neil touche. Charles good afternoon. Im Charles Payne. This is making money. Markets are on fire showing more resilience after being roiled last night after irans attack on u. S. Bases in iraq. Our great American Forces are prepared for anything. Iran appears to be standing down. Charles President Trump facing one of the greatest tests of his presidency. I will go in depth i think this is his moment. Plus