And oil is up to the tune of 25 . The jobless claims rocked the street. We were expecting them to be bad. We were not expecting them to be 6. 6 million bad. Jackie deangelis, jackie. Reporter good afternoon to you, neil. Lets go ahead to start with the tweet from the president that had the dow jones up more than 300 points now. The president said, i spoke to my friend, mbs, crown prince of saudi arabia who spoke with president putin of russia and i expect and hope they will be cutting back approximately 10 Million Barrels and maybe substantially more, which if it happens will be great for the oil and gas industry. The markets are rallying on this, because low oil prices are good for consumers and businesses that use oil. Statement, you dont want the price to be so low that the shale producers go out of business. That the Oil Producers have a hard time, staying, conducting, keeping things going. So prices spiking today, more than 20 is a positive sign that it is all moving in the right
I have got to go back reporter 50 billion to those who might be concerned that is too expensive. We dont want to talk about it it is a substantial number. Were going big. We could go back every day or every week. Were going big. Thats where mitch mcconnell, that is the way he wants to go. That is the way i want to go. I want to get it done and have a big infusion as opposed to going through meetings every couple of days. We dont want to do it that way. Go big or solid. The country is very strong. Weve never been so strong. That is what were going to be doing. We dont want, with this invisible enemy, we dont want airlines going out of business. We dont want people losing their jobs or not having money to live when they were doing very well just four weeks ago. So were going big and that is the way it will be. That is the way everybody seems to like it on the hill. Any other questions to steve . Reporter airlines and hotels, call for restaurants today. Was any type of Emergency Assistanc
Neil would take a little more than 2 to get to 30,000. It would take 9 to get to 32,000, Peter Navarro, among others saying that is in the equation. A lot depends on key developments. The president is en route to davos, switzerland, but the backdrop of the impeachment trial tomorrow. Blake burman is looking at Administration Legal response to all of this, how it will position itself in the senate. He joins us in the white house. Sir . Reporter neil, if they havent done so already the Trump Legal Team represents the president in the impeachment hearing will file a legal brief today, giving a more fulsome approach, fulsome take as it was described earlier today of the president s Legal Defense heading into the impeachment trial. As you know, the legal team laid out the sixpage answer to the senate over the weekend. Were expecting a much bigger briefing from the president s team here shortly. According to sources that are working with the president s legal team, appears if they will focus
3, but its something that we all want to get done and itll selfmade billionaire although we debated that on the show in the past, kylie con, be a tremendously big deal, this maria thats amazing, thank is something special, however, to manufacturers, farmers, you, cheryl. Quick break and then arrested again, the irs going after bankers, service people, nobody attorney michael avenatti, wait has ever seen anything like it, this is the biggest deal there is anywhere in the world by far till you hear this one, rocking and thats good, we are doing with your pets, spotify play another big one next week, this is the biggest deal anybody has list for Furry Friends and not ever seen. Maria and steve forbes one of so Furry Friends, weve got it. The big parts to this is the fact that Financial Services companies will be operating their own banks and financial as a struggling actor, Services Companies 100 wholly owned and this money that visa, i need all the breaks that i can get. At liberty butch
Very, very first new years eve celebration that is we are going to get throughout the hour on mornings with maria. Weve got a big show this morning, joining the conversation michael, Founder Michael lee, market analyst francis and real clear politics cofounder president tom bevin. Happy new year, guys. Happy new year. Cheryl weve had a phenomenal year. Typically when the market moves people get hesitant, just thoughts to stay positive in 2020, so in the summer of 2018 the market actually had roughly 10 below here, going off into the end of 2018, i think that spells well for 2020, this could really keep going, its been a good decade for stocks. Cheryl francis a lot to watch obviously for you this year, its been a blockbuster year. Its been a blockbuster, whats important is the catalyst that kept the market going, we kept getting news on the front and the fed keeps injecting money into the system which is good for equities. Cheryl i think its 2020, though. For sure. We have politics happ