Agreement with china, and the night, mexico, canada, agreement, the two biggest trade deals ever made. These agreements represent a new model of trade for the 21st century. A time for skepticism is over. People are flowing back into our country. Companies are coming back. The United States is by far the strongest economic power in the world. It is not even close. Neil blake burman at the white house. The president is half a world away. He is cognizant what is going on in washington, d. C. Blake . Reporter indeed. This was part victory lap you heard from the president , neil, at the World Economic forum in davos, still ongoing by the way. Also part sales pitch from the president touting economic successes as he has seen it, taken place in the u. S. Over the last three years. Of his administration. The president today, for example, highlighting two big trade deals in the headlines last week. Along with record low unemployment and economic growth. Listen here. Investment is pouring into o
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
Continuing a trend that shows so far, university of michigan sentiment, other surveys were doing okay and things are going okay. In the middle of all of that, you have a report out of fedex saying were not doing okay. Telegraphing problems because of the trade war. The trade war is one of the big reasons why the fed will supposedly move today. It is all in what the fed lays out after it makes its move. The consensus seems to coalesce out of quarterpoint cut to Interest Rates. Would bring overnight lending rate from 1. 75 rate to 2 , from around 2. 25 we are right now. That can jostle wildly. Lets get the read on all of that Charles Payne, thank you for helping out on your world yesterday on fox news. What do you expect first off . 25 basis point rate cut in part because the wall street expects it, to such a degree yeah it is. If you think a trump tweet is tough, wall street selloff of several hundred points. I mean they, they really have the market cornered when it comes to temper tant
Your show. Neil youre quite right. This is the highlight. The next two hours rolls downhill. We have a lot going on. Techs still on a tear. General market not so much. Amazon, google, netflix, facebook, there you know part of the drill, a buying drill. Many on the left are calling the president unstable, he is a nutcase. Weve been studying in great detail. If you dont like the president , a lot of people do not, that is fine. That saying up to the task of president of the United States, question what he is doing his job. What is not nuts looking at markets. What is not nuts looking at economy. Charlie gasparino brilliantly on this, just today in the new york post. We have nan hayworth. We have democratic strategist, moo i can call star hopkins. Charlie, go to you. Not real crazy response this market, this economy has had to the supposedly not stable, crazy president. We should have more such encounters. His approach to the economy has been very good and very stable if you think about i
Appeared to drift off the tracks. Others said it did not look very serious up front. There is no way to tell at this point. Or just who might have been taken to area hospitals here. But this truck, apparently stuck on the tracks, and this annual retreat republicans have is still scheduled to go on. Connell mcshane has a little bit more for us, connell. What can you tell us. Most of the information, neil, were getting is tweets sent out from members of the house on that particular train. I know our fox colleague, mike emanuel, reported moments ago, to your point, that Speaker Paul Ryan was among those on the train and that speaker ryan was not injured. The concern seem to be for the drivers of the truck itself, that apparently got stuck on the tracks. Were awaiting confirmation as to the drivers or passenger of that truck whether theyre okay. Most of the tweets coming in from various members. Senator James Lankford is example of that our retreat heading to retreat in begin i cant were i