We have some records, but lets take it in stride. Tomorrow is the last day of the typical santa claus rally. We are expecting some volatility throughout this quarter even if it evens off toward the end of the year. Personally, i will probably take a little off the top tomorrow as i get ready for january. They could get rough, it probably will be. You will have a temper tantrum based on what the does with their Expansion Program toward the end of march. There are reasons to be more cautious over the next three months. Although in the meantime, listen, our viewers are not in and out like a professional trader. They have to be thrilled. Should i get in . This is a market that closes at all time high today. The same thing on tuesday. It was a lackluster, lazy, lethargic session. Thats right. Thats a bullish sign that investors are willing to hold risk and willing to put their money to use in the market. Look at this, fourth best decade over the halfcentury. Usually rallying around 25 , weve seen the best year in six years. It usually means another positive year to follow. 65 of the time, releasing another up year. When he thinks the u. S. Economy is recession proof. You have some concerns come about by the same token, trying to pinpoint the top are that something is done can be folly. This is the longest rally in history. It doesnt have to end because of old age. Thats true. Not any because of old age. I think what is really happening here and what investors need to know is the is putting a lot of money into the economy and into circulation at the moment. That is always going to support equity prices. For how long . We dont know. Right now, we have less volatility and we have a lot of movement. As far as should you get in after an alltime high . Thats never a great time to get it because the propensity to fall a little bit is there. It looks like as long as the fed is going to continuously put money into circulation, the net is definitely supporting stock prices going forward. Charles i disagree on the idea that the average person is not going to get in a pinpoint. If you dont get in when things are good, i know people. Ive dealt with individual investors for 30 years. Youre not going to buy when youre down a thousand points in one week. You have a choice. Lets talk about the fundamentals. They look pretty good. Small businesses are doing extremely well and Small Business wages are through the roof. Bluecollar wages are through the roof. 7 million job openings. That is the kind of momentum that doesnt change overnight, does it . No. The economy is stronger now. I do believe that going towards the end of the year, we are going into the election. If donald trump does well in the polls. That might not be bad for business. If you start pricing and higher regulations and increased taxes, that is very bad for business. We will have to take our trunk off. Theres inflation toward the end of the year. Lets say the market starts pricing and higher Interest Rates going into january of next year or into the election. That changes the whole ball ga ball game. Those are all the subjects that havent happened. I dont expect a down here for the markets. We came into today with Chinas Central Bank putting in another 100 billion into the economy. Susan, it is always a possibility of things going wrong. At this moment, that things that are working, the foundation of this rally, we could become over pots. The foundation is pretty good. Again, it has been cleared because china is liquidating adding stimulus to the economy and we are looking at the slowest growth rate in china in 30 years. They have any be cut Interest Rates throughout that time. China is liquefying adding more cash to the system. That doesnt just stay in china. That goes around the world. You can bet your Bottom Dollar that that money is coming here to the u. S. As well. Charles there is a survey from ceos around the world at the risk of recession continues to linger at the top. Rick session concerns were Business Leaders in this country has been a concern as well. Recession, 2020, you see a possibility of that . No. It looks like we have decelerating growth. We dont know how much of that was attributed to the china trade scenario. We will have to see some economic numbers and proof particularly in the menu enriching index in the business spending. These equity prices. However, in the meantime, the fed is really filling in. We see that growth is slowing. Inflation is likely to pick up. Inflation picking up depends on how much as to how much it affects equity prices. The labor markets are very strong. Sometimes those can compress the Profit Margins for companies and it can affect your earnings. None of these things happen overnight. We are going to watch it very carefully to see if these numbers continue to substantiate where we are from a valuation perspective at these market levels. We will see. Thank you all very much. Happy new year. Youll be back on sometime this week. We will hash it out some more. Thank you very much. Business leaders may be worried about a possible recession and concern about trade in 2020. My next guest doesnt appear all that worried. White house trade advisor. Get those letters off your sets. You must be bursting at the seams, because i know that you want to say i told you so. Hey, my forecast streak on the line here. The day after the election, i said 25,000. They said i was crazy. July, i said 30,000 on the dial. And Interest Rates down. 330 points today, we are getting closer to that. I am bullish. The reason why im bullish is because of the underlying strength of the gdp growth engine. Its one of the things to drive the economy. Consumption investment, Government Spending, every one of those under President Donald Trump is hitting on all cylinders. You know the consumer low unemployment, riding wages, high optimism. Thats going to be the anchor of 2020. We also have five trade deals that are going to kick in and force in 2020 with japan, south korea, canada, mexico, and china. Score that for exports. Heres my sleepy. There wasnt enough attention paid to passage the appropriations bill and National Defense authorization act a couple weeks ago. Thats a butt builtin beautiful force in 2020. Investment which lacked a bit in 2019 is coming in the greatest economy in the world right now. The trade policy encourages you to come here, because people know they want production here. Charles let me go over some of those things you said. We learned earlier in the week that argus deficit with the rest of the world, the best it has been in three years as our exports increased and imports declined from china. Household formation is up. Consumer spending strong wages. People are saving money. Saving and spending. Charles an amazing combination. The spending is paid to toward wages. As long as wages are going up, people are going out and spending that extra money. Heres what the professional players keep saying. Because you just said that magic word, tariffs, no one is going to admit that the tariffs worked. They will never admit two years ago, it has not been smooth hauling. Our economy did not go down 50 . Our employment did not go down. It is not 1933, 1932. Businesses are holding back. They are holding back. Thats got some people anxious. Maybe theyre not holding that much more in 2020. Do you think they are going to release their spending . I think they will unleash. What turn things around was a jobs report, the blowout jobs report which basically finished off any doubt that we were going to have a good 2020. The smart money is going to look at what i told you about with the Government Spending with the appropriations bill. Charles on the flip side of that is the smart money is saying, the spending our debt, the ticking time bomb. Republicans talk about. Every single day when president obama was in office, no one is talking about now. Lets make out a short conversation. Until you see the bond market tell you it is a ticking bomb, it aint a ticking time bomb. Its basically putting in a beautiful fiscal floor to grow. The officer of trade Manufacturing Policy with the nature of those expenditures. We got really solid Defense Budget now. I go around the country like the philly shipyard in ohio or new york, pennsylvania, ship building up in. These are the places where line item by line item, the Defense Budget, the blue wall states can with the midwest is absolutely booming. This is what people dont understand about President Trump. He not only does all the things at the micro level, deregulation, tax cuts, unleashing the energy sector, he works at the micro level, one job at a time beauty really takes a personal interest in job creation. You see in these factories around the country whether it is steel, aluminum, combat vehicle, shipyards, these are where the economy really derives underlying strength. That is one of the Untold Stories of 2019 that i hope that we can tell in 2020. Charles you will have to keep telling it. I dont think anyone the people that said you are wrong are ever going to admit that. Ive got to tell you, ive got to let you go. You deserve a victory lap, my friend. 2020 is going to be a great year. Youre going to do a great job all through the year. I look forward to talking to you as much as we can. Charles is not just investors seeing green. Try Bernie Sanders. He is leading them big time in a money race. Could that be enough to win the race . The 24 wheres the truck . What . Parked it right there. Male voice what did i tell you, boys . Tonight we eat like kings chuckling youre a genius, gordon brake hit the brake uh, which ones the brake . crash, bottles smashing stop stop stooop brakes squealing whats happening . What . Theres a half of cheesesteak back there. With geico, the savings keep on going. Just like this sequel. 15 minutes could save you 15 or more on Car Insurance. Raccoon i got the cheesesteak a but i hearsearches fa different calling. The call of a schmear of cream cheese. For i, am a schmelier. I practice my craft at philadelphia. Here, we use only the freshest milk. That one go go and the finest ingredients. What is this . Until perfection is achieved. Shes ready. Schmears philadelphia. Schmear perfection. But maybe not for people with rheumatoid arthritis. Because there are options. Like an unjection™. Xeljanz xr, a oncedaily pill for adults with moderate to severe ra for whom methotrexate did not work well enough. Xeljanz xr can reduce pain, swelling and further joint damage, even without methotrexate. Xeljanz can lower your ability to fight infections like tb; dont start xeljanz if you have an infection. Taking a higher than recommended dose of xeljanz for ra can increase risk of death. Serious, sometimes fatal infections, cancers including lymphoma, and blood clots have happened. As have tears in the stomach or intestines, serious allergic reactions, and changes in lab results. Tell your doctor if youve been somewhere fungal infections are common, or if youve had tb, hepatitis b or c, or are prone to infections. Needles. Fine for some. But for you, one pill a day may provide symptom relief. Ask your doctor about xeljanz xr. An unjection™. Charles Bernie Sanders fired up in iowa today and firing up the fundraising bringing in over 34 million in the Fourth Quarter well ahead of his 2020 rivals. Keep in mind, we are still waiting for about final numbers from Elizabeth Warren. Can he break out in the polls . Thats get the read from independent womens forum. And democratic strategist jason nichols. Let me start with you. The numbers are phenomenal. It really is phenomenal. Hes got 5 million individual donors. Ive got to tell you, theres something about Bernie Sanders that tends to heart scared that it feels like these become more formidable and went in his sales. I think hes got a shot at winning the democratic nomination. I wouldnt have agreed with you two or three months ago, but i do now. Hes demonstrated that he is a resilient candidate and a formidable candidate. Reporters are taking a second look at him, he says he shouldnt be dismissed. When you look at the support financially, he is getting small dollar donors coming in and supporting him. 18 on average. Hes got Something Like 40,000 new donors on the last day of the quarter. It suggests that people are also taking voters are taking a look at him and thinking maybe sanders can be if i want to go against President Trump. Charles the story is not just Bernie Sanders. Mayor pete my 24 million. Andrew yang over 12 million. If im reading this right, it feels like youve got a dynamic care where grassroots democrats are rejecting the establishment candidates and going for the something different, something new, which is not unusual. We are seeing this around the world politically. We still havent seen any of the other candidates raising numbers yet. I will wait for that to weigh in. As part as Pete Buttigiegs concerns, charles, his campaign is feeling really good today, they told me. They feel like those are strong neighbors heading into iowa which is a state thats really important to his campaign. Hes campaigning in New Hampshire over the weekend but then back to iowa. His last day of may or it 31st. He has nothing but time all january to be campaigning while some of his competitors like Bernie Sanders, Elizabeth WarrElizabeth Warren, and Amy Klobuchar might find themselves back in washington for a significant amount of time during the impeachment trial. Charles he raised more money than joe biden did. The establishment is behind by the end, the rationale that he can be trump in a general election. I think its being rejected by the grassroots and the party. Im not sure i would put Pete Buttigieg in the category of grassroots politicians like someone like Bernie Sanders. I think Bernie Sanders never come at the most important part was the 5 million individual donors. Someone who makes 30,000 is willing to give you 18. Thats a big amount versus people giving the maximum amount allowable. You heard in the last debate in Pete Buttigieg they were talking about his wine cellar and all of that stuff. I think hes getting bigger donations. I dont think he necessarily has the grassroots support that someone like Bernie Sanders has. Charles whoever the eventual nominee is, they will need a lot of money. President trump himself, 46 million in the last quarter. We may be looking at a number north of 200 million. Is President Trump doing extraordinarily well with small donors . Hes doing very well. When you consider the cash on hand, i believe over 100 million, he has a lot of money that he can play with. He also has the benefit of being the sitting president and a media that is obsessed with anything trump. He can get his policies out there and continue to be in the forefront of voters minds while all of these candidates on the democratic ticket have to spend money to buy against different competitors to be able to get some of the air in the room that impeachment is not taking. Charles its all about the money and pouring it on both sides. Is that a sign up for engagement by a passionate engagement by the public . You can most likely see more depends on who wins in iowa. After Bernie Sanders came very close to beating Hillary Clinton in iowa last time, that money just started pouring in for him. He had nearly doubled in the month afterwards. The same thing goes for New Hampshire as well. As i candidates compete in the iowaNew Hampshirenevada, the money will break for the people perceived as having the longevity to be able to put back into their campaigns. Charles on that note, you take even a little deeper look at Bernie Sanders. The way these folks work with the top employer were amazon, starbucks, walmart, target. These are places where they are trying to get unions. These are places with 3 million workers. It really seems to sound like whatever the message is, as resonating with the folks that work at these places. Amazon has been a key going across the democratic platform. I think that people want health care, something that hes been devoted to. People want some of the issues that hes been talking about in terms of climates. I think thats resonating with voters. And across income levels, but mainly with working and middleclass voters, i think that is why Bernie Sanders has been staying steady in all of these states. When you look at joe biden, he is up and down in different states whether hes up in nevada, hes up in South Carolina and down in some of the new england states. He look at Bernie Sanders, he is steady through all of those states at about 20 . And i disagree real quick. Its not all about the money. Bloomberg would be willing if it were all about the money. Charles not having the money but you can raise that much money from that many small donor suggests that they will probably go into the pole and pull a lever. Thank you all very much. Happy new year. We have an exciting year ahead of us. After they smashed their way into the Embassy Compound in iraq, a former state Department Official under obama says its all President Trumps fault. More of that after this. Id make it available in dozens. Make that thousands of configurations. It would keep an eye on my fleet. And an eye out for danger. With active brake assist. If i built a van, id make it available in diesel and gas. Introducing the allnew sprinter starting at 33,790. Mercedesbenz. Vans. Born to run. Charles of former state Department Official under president obama, lindy sherman is blaming President Trump in an oped for the u. S. Into sea attack. The rationale, im sure you read the oped. What are your thoughts . Clearly it is blaming the victim. It is blaming america first. That much isnt a surprise coming from a progressive like wendy sherman. She was the key negotiator behind the worst deal ever negotiated, the Iran Nuclear Deal which involved giving billions and billions in iran putting a plane with more than a billion dollars in currency sending it to iran in the middle of the night like you are paying off some drug lord having the same effect which is only to encourage the violence. Wendy sherman who would like to be joe biden secretary of state also a Previous Administration the Clinton Administration organized what was previously there were deal ever made which was paying off north korea hundreds of millions of dollars in Energy Assistance easily monetized who supposedly give up their nuclear weapons. Of course, they didnt do that. She is paid off two regime to and brought them closer to nuclear powers. She shouldnt be showing her face in public. Charles what i dont get is when President Trump talk about bringing troops back in the middle east. A lot of folks on the left became hox, hawks all of a sudden. And then, when he talks about securing our embassy and fighting back, preventing benghazi, they say he is trying to start a war. I get the opposition, but at some point, pick a side. Its a lot of hypocrisy and crocodile seals. Donald trump never actually promise them their own National Estate or creating a second car to stand in syria. Because he fulfilled a pledge to get a began with drawing our forces, he got a lot of criticism for that. This is the problem that the left and really doesnt have a coherent National Security policy other than paying off our opponents. It just seems to have a policy of orange man bad. They are against trump even when he does things that are good. Charles are you surprised at how quickly the militia turned tail we show strength . We are going to hunker down inside the embassy and not fight back at all and hopefully at some point they would disperse, but we showed a little bit of strength, and they ran. That is what the iranians are used to. They are used to americans backing down. Weve done it under president s of both parties to and they didnt pay a price for paying our diplomats. Taking u. S. Officials hostage, torturing and killing some. Killing a lot of americans in iraq. Iran has gotten away with a lot. Trump is the first president to seriously push back on them. I think they were stunned. I assume we had a lot of forces on the way to take care of business as necessary. They frankly turned tail and ran just on the threat of that. Charles i want to ask you about the piece of the New York Times when they refer to the Embassy Attackers as mourners. It was a tweet that came under a lot of criticism. Anyone who knows the area and understands what was going on there knew that this was orchestrated attack plant by iran to deliberately upset america. Once again, they pretrade these folks as mourners, as victims in america somehow the bad person, the bad entity there. That is the New York Times the newspaper that is recycling iranian propaganda. Thats not a oneoff mistake. This is the same Media Organization again, that calls albaghdadi the leader of isis who we killed earlier last year, they called him austere religious scholar. That was the head of the premier terrorist Jihadist Organization in the world. Thats what they say about people that are attacking our embassy. Charles happy new year, thank you very much. A month until the iowa caucus. Many are not sure who they are going to go for. Does that spell trouble for democrats . So i know theres a big need for gasx maximum strength. It works fast. Relieving pressure, bloating, and discomfort before you know it. So no one needs to know youve got gas. Gasx so no one needs to know youve got gas. Of course id love to take an informal poll. I used to be a little cranky. Dealing with our finances really haunted me. 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Charles democratic president ial hopefuls both holding Campaign Events in this hour as candidates turn their focus toward the iowa caucus. Fox newss own. Bernie sanders glue all of his democratic rivals today with the big reveal, his Fourth Quarter fundraising, 34. 5 million. Thats almost 10 million more than mere Pete Buttigieg made in that time. Its almost 12 million more than joe biden made it during that quarter. Joe biden is here for his first event of 2020, the primary season is officially upon us. He tried to convince citizens of iowa by trying to convince them that the economy is struggling. The economy is hurting the middle class and working class very badly. Number one, they are really struggling. Everyone is entitled to be treated with dignity. Elizabeth warren still has not given us fourthquarter fundraising numbers. We dont know how she will or wont fit into the top tier. Shes tried to stabilize software poll numbers that she had this summer, shes been talking less about medicare for all. She insists its just a coincidence. I take questions. And i go wherever the questions take me. And so sometimes, we have questions about gun violence. Sometimes we have questions about climate. The campaign trail is going to be a little less crowded between now. They decided to call it quits. One of the most memorable moments of the campaign was when he challenged to joe biden on the debate stage in houston about his age. A few months later, hes going home and joe biden has a boss with his name on it in iowa. Charles you get the feeling that there is some old bad blood there. Thank you very much. The Iowa Caucuses just a month away. Many likely caucus goers are still undecided. What does that say about that democratic field . I think iowa is infamous for these and related decisionmaking hints. All the money that goes in there, its where youve got to have a good ground again. Bernie sanders almost pulled off the upset the last time around. Hes got to do a lot better now. This time around, he does have a much better ground again. Hes not hopping from one state to another with a surging campaign. He has the infrastructure to make a challenge there. We see that hes in second place according to the average. Like you said at the top, it does finally seem real now that 2020 is finally here. Its going to be real next month when in iowa and New Hampshire, voters finally go to the caucuses to make their choice. The problem is a lot of those voters are choosing between the first, second, and third favorite options. While the dnc wanted to have a natural winnowing before the contest with their debate, we still have 14 candidates in the race right now. Charles i think right now only five have qualified for the next debate. They may be six in the last debate. Whether you like the process or not, i can certainly see where some democrats could be complaining about it. Maybe we are starting to get down to the real candidates that have a real authentic chance. Thats about six names right now. What we have got to watch for right now is to see when the cold wars will end. So far, weve seen Pete Buttigieg and joe biden play nice together. Weve seen an unofficial nonaggression pact between Bernie Sanders and Elizabeth Warren. At some point, this has to end. As soon as a progressive candidate or a centrist candidate combines or consolidates that wing of the party, we will see this race accelerate even more. I think we saw a little bit more of an end to that nonaggression went over the weekend, Pete Buttigieg seemed to take a shot at joe biden for his sons role in paris smile. Hunter biden was on the ukraine oil and Gas Companies board. He doesnt know anything about oil, gas, or relations in the ukraine. Eventually, they are going to have to stop pulling punches and theyre going to have to differentiate if they want to be the nominee. Charles what changes here after this . If there arent any major upsets, do we see a massive fall off . Do we see a consolidation . Some of these debates where you had cliques developing or it felt like some were working for a vp spot more than a president ial spot. Could we see that hasten and start to speed up a little bit . I think so. After iowa, some of these candidates are going to have to look in the mirror. Voters and donors from around the company are actually looking into see whether or not their message resonates and whether or not they have the infrastructure to get things done. This is why i think iowa is so interesting. Pete buttigiegs number one according to real clear politics average right now, two things should keep them up at night. Bernie sanders is behind it by two points and joe biden behind by three points. According to the des moines register, another thing should keep them up which is that over 60 of voters in iowa said that they are open to changing their mind. Eventually, we are going to have a nominee. I think iowa is going to be the first answer to the question of whether or not the Democratic Party is going to move farther to the left with a progressive candidate or they are going to play it safe with a more moderate centrist. Charles it sounds like a real freeforall. I appreciate it. More threats from north korea. No problems as President Trump. An air force veteran made of doing whats right, not whats easy. So when a hailstorm hit, usaa reached out before he could even inspect the damage. Thats how you do it right. Usaa insurance is made just the way martins family needs it with hasslefree claims, he got paid before his neighbor even got started. Because doing right by our members, thats whats right. Usaa. What youre made of, were made for. Usaa charles watch . B, where it . President trump playing down the threats. Is he right to do that . Colonel hunt, thanks for joining us. The threats have been out there. We are going to get a Christmas Gift that did not materialize. President trump suggested for a long time that he and kim jong un have a different special relationship, that has been a safeguard. Certainly their provocation has dropped dramatically over the last year or two. But we know kim jong un wants something desperately at this point. Yeah, i think it was worth a try. The president twice to make the trip and try to have a relationship with the head of a terrorist nation. It seemed like it didnt work. The reason for this not working, its not kims call. Its his military and services that run the country and of course, china. The other issue is, the problem is always going to be not u. S. And north korea, but north korea and south korea. Its only 30 miles separating north and south korea, the largest artillery and rockets concentration in the world across 137 miles wide at demilitarized zone. They are seconds away from being able to kill about 10 million people. Thats always the issue of what you do with that capability. To this day, we have insulted. Charles there has been talk about officially ending the war and getting rid of the demilitarized zone. We know south koreas leader has been really attempting to woo kim jong un. He seems a lot more open to reconciliation and prior south korean leaders. Yes, he certainly is. The issue for this is china. China does not want a unified north and south korea for a couple of reasons. They dont want refugees flowing into china. They love as russia does having a state like north korea to do dirty work. The chinese are never going to be okay with that combination. They have a big boat to play. Charles china understands dr. Frankenstein at one point lost control of his monster. Let me ask you about this. Im not sure if you saw these pictures. Kim jong un released them. That is him writing the white horse. We knew that means a new policy announcement a big vessel, theyve been talking about a new missile as well. May be one that can be pinpointed instead of just applying for a for that i can zero in on targets or a miniaturized nuclear warhead. Nothing says progress like a fat man on a white horse. Charles [laughs] it is an awful thing. Maybe something will come up, some provocation. We still have the most powerful nation in the world. At the end of that is north koreas annihilation pier at theres always provocation talk. Its dangerous. They are a nuke state at a terrorist state. The way to get at north korea is always and will be unfortunately through china. Charles all right. In the meantime, the sanctions appear to be somewhat ive only got 30 seconds. Do you think ultimately ends up in a military confrontation . Now. I do not. They know better. But again, while the man to get that close to korea is a problem. I do not see us with a confrontation. At the end of that, north korea and china know that is the end of north korea. Charles happy new year. Thank you very much. Rudy giuliani says hes open to testifying in a Senate Impeachment trial bit is a sunday democrats and republicans should worry about . Ticking towards bad breath, receding gums, and possibly. Tooth loss. Help turn back the clock on gingivitis with parodontax. Leave bleeding gums behind. Parodontax. Fine, no one leaves the tablefine, well sleep here. Its the easiest because its the cheesiest. Kraft. For the win win. I would testify. I would do demonstrations. I give lectures. I would give summation. Or i do what i do best. I try the case. Charles President Trumps personal attorney saying that he would testify in any Senate Impeachment trial. Should that have both sides wearied . Thanks for joining us. He certainly has the pedigree. But would it be wise in your mind . I think i will decide if you want to witness to testify, you want to put your best witnesses and any trial. That means you want to put on witnesses who are confident, who are going to be reliable and consistent with what theyve already said and who are most importantly credible. Even those on team trump dont believe Rudy Giuliani is credible. Hes already told the president that he should distance himself from Rudy Giuliani. Senator graham has already said that he doesnt really feel that rudy is all that reliable. Youve already had senators, republican senators who have distanced themselves because they dont believe that he is a credible person. He is really more like a loose cannon. That is the least likely person that you want to testifying in any particular trial. If you are looking at the tape that you just played, he wasnt even coherence. He was rambling to the extent i hear what youre saying. I did not see him incoherent at that point. He has one heck of a track record as a prosecutor and a mayor. President trump loves the fact that hes a fighter. Some other folks in your mind, Mick Mulvaneys name has come up. Republicans are saying, what about joe biden . What about hundred biden . If we unleashed all of these witnesses if this is the route that we go down, could we see some of these names . In order to be a witness, you have to have some relevance with respect to the proceedings. I dont think hunter biden or joe biden has anything to do with the articles of impeachment that have been brought forth whether there has been a russo power or whether there has been abuse of those are the issues of the ca case. Charles it is all centered on a phone call that was made because President Trump says he was concerned that our National Security that there was an abuse of the executive branch by joe biden and his son. It would seem central to his defense and what we all read in the transcript. It would be up to the presiding judge. In my opinion, i dont think its relevant to the issues that will be present to the case. Theres another one. You might want him to testify. Hes already got on the record to say that this is how it works and how its supposed to happen. I just dont see how they have any relevance to the issues in the case. They are involved in it, but they dont have any relevance to whether or not the president violated one or both of the articles of impeachment. That are being presented against him. Charles lets talk about nancy pelosi for a moment. Many people believe that she did not want to get into this in the first place that she was pushed there by the leftwing of her party, the far left wing of her party. And now shes stuck between a rock and a hard place. Should she try to make this a quick process . Should she continue to hold onto these articles haggling over procedure in a senate and hoping that things change . I can tell you right now, it feels like there has been some serious negative political damage to the Political Party since she said she was going to hold on this and since the process began. I think nancy pelosi is one of the most astute politicians in history. I dont think what she is doing is really going to backlash against terry. I think she wanted to wait to wait her move. Not press for impeachment in the beginning. As she saw, speaker to give her no choice but to do that. I think we are going to see it play out. If i were betting against trump or pelosi, i would bet in Nancy Pelosis paper. I think she knows what shes doing. I think she has a plan. It may not be that its readily available to the american people. To those of us watching how its playing out. I think she definitely has a plan. Shes not winging it. Charles she is not winging it . No, definitely not. Charles thank you very much. See you soon. Illinois becoming the 11th state to make marijuana legal. This state has high hopes. They will bring in some high times. As a struggling actor, i need all the breaks that i can get. At liberty butchemel. Cut. 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. By consolidating your Credit Card Debt into one monthly payment. And get your Interest Rate right so you can save big. Get a nofee personal loan up to 100k. Marijuana shops turning away customers in illinois after the land of lincoln became the 11th state to legalize pot. Mike tobin is at a marijuana shop in chicago with the latest. Mike . Its the 11th state so ten states have gone before illinois and demand is certainly not the problem. You can see behind me, people are lined up outside the street and the dispensaries for a second day have not run out of weed. The one behind me selling only edibles. Things Like Companies that are laced with thc. Two years ago, the illinois cannabis growers were serving 40,000 in the medical marijuana community. Last year it was 80,000. Now suddenly their market is open to everyone of every age in a state of 12 million. Speak of the state of illinois like other states will have a problem, because there ay 19 growers right now. There will be more added in the next few months and over the next six to 12 months, there will be more coming online, but expect to have weights from six to 12 months from now. Speak a Lieutenant Governor in the state of illinois was one of the first at the counter. She bought some edibles. She has argued that convictions disproportionately target minorities. Users a legal pot is more expensive because street dealers dont pay taxes or deal with regulations but they say the regulations give them comfort. Its a lot more expensive here. On the street its a little bit cheaper. All the taxes and stuff like that. But this is a little bit safer. The state a is expected to gt revenue from legal pot sales, however the deficit is in the billions, so pot sales will help the problem but wont really solve all the severe financial problems that illinois has. Charles . I was reading coming into the studio, 3. 2 million in sales today. It sounds like a low number but maybe that is because everyone was caught flatfooted because of the demand. It does sound like it. Some 77,000 customers showed up in one day and the reporter talking about last year with medical sales, meeting the demand for 80,000 people over the course of a year. Theres only so many growers out there and only so much they can grow in the short period of time. Theyre hoping somewhere around six months to start meeting demand. Charles . The 11th state to legalize marijuana. That is it for me today. Another monster day in the stock market. Dow jones industrial, that is a monster, monster day no matter how you cut it up. The economy is on fire, and guess what . Were going to be on fire tomorrow because im out and neil is back. Join me on the fox business channel at 2 00 p. M. Hope you had a great new year. Dana hello, everyone, im dana perino, lawrence jones, its 5 00 in new york city, this is the five. Tensions growing between the u. S. And to run after a rainy and backed militants try to storm the American Embassy in baghdad. The attack ending when the militia left the scene after just two days. The Trump Administration responded by sending hundreds of troops. Some outlets slamming the president is even trying to label the incident as trumps benghazi. Heres a look at some of the coverage