Well, tha a big question a big meeting on capitol hill tomorrow may give us some answers perhaps the fist big test of the new year will come from iran. Deadly empty government protest there, least 20 people reported dead calling those protesters, quote, enemies of iran. Big day, of course, as we kick off a new year 218 is here and Varney Company is about to begin. Well, have you noticed unless you live in very southern, florida or out on west side in california it is freezing outside frigid temperatures continue to grip wide swaft of the country from pink and purples youre in deep purple youre in deep cold. Heres that weather map where windchills bundle up we mean that is obvious isnt it and snowstorm by the way, is brewing we are told off the atlantic coast. And if it it pushes east it could be a major storm up and down i95 corridor, oh boy looking forward to that. Or more for us on that, potential storm about three minuteses from now. Lets take a quick look at the stock future for you all pointing green check out dow up 116 points at 24851 and s p and nasdaq point to a nice significant start to the new year but bigger winner of last year 2017 there it is, the winner is boeing up 89 last year. And other side biggest loser of last year was g. E. Down 45 struggling to get out of 17 a share mark right now. But we begin with donald trump agenda President Trump, the president back at the white house now. Coming up, one of the big issue hes looking to make a deal on, immigration joining us now is fox news contradict tore katy with town hall katy, great to see you. Good morning. And happy new year to you. You too as well. Listen, donald trump wants pungtd for the war he wants to end chain migration and what had visa lottery system in return the dreamers can stay at least we believe that could be the deal is is that the deal, though, that in thes could sport somewhat do you say . It certainly a fair trade and the president has made it very clear from the beginning that he has a soft spot for Daca Recipients but he moved that responsibility over to congress for legally it should be thought out, and it is not just democrats either who need to get onboard with the president s negotiations here. It is also republicans a number of republicans marco rubio for example, jeff flake, who believe that daca should be taken care of before we get into legislative item and that has been push b. C. On toking for wall with how much that is going to cost. But certainly things of the president is asking for i think are a Fair Exchange for what he would be getting. Ening now back on the tax reform success, finally were told the infrastructure could be a top priority. Do you think there will be any issues for the president there to get what he wants . You be, democrats for years have been is talking about infrastructure theyve run campaigns on this. They like their union voters. But there are going to be some difficulties here as well but democrats have to remember going into 2018 if they want the wave election they claim is coming they immediate a win legislatively to go back to their district and states to be able to say what theyre bringing home, so to speak, so people in Michigan Union workers there are all about Infrastructure Spending but there are going to be some kin k to be worked out in terms of how this is implemented piferl a story out of new york city that showed 1. 5 billion were spent for one mile of subway track and it was as a result of Government UnionGovernment Union sorry contracts and so theres going to be a lot of making sure and combing through that there is excess of waste with so this isnt success but another trillion surplus package like over Obama Administration. Fnlings katy thank you so much. In d. C. , thank you katy appreciate it. From politics to money lets bring in barron Senior Editor positive stock open year at the future to see my hand sorry about that. Do we hit 25,000 jack, it seems like were almost there. But as we start is rite there 25,000 pretty early on . We do. I mean you can get a little correction in the stock market any time for any reason, or for it no reason. So theres no predicting that but when i look forward over next year lets say, i see high single digit Earnings Growth and weve gotten sharing that have been running ahead had of the Earnings Growth rate. I think that can helicopter because prices arent mutty yet an they get nutty before the pepgd you get high single earnings greet a low double digit stock return out of this year. Ashley growing number of analyst and a broken clock is rights twice a day. That correction is due and it will come had year but ultimately it is healthy for the market. What say you . Sure. You can have that early in the yore and i dont think that would dengt investors and enthusiasm going forward. But bottom line if they see spending pretty good but Consumer Spending good but more wage increase. I see that savings rate getting too low that worries me a little bit as low as it was before last recession i would like to see wage growth. Also leads me to fed when you you talk about savers losing out in zero percent swres do we get to a 2 funds rate this year . It doesnt you very well could but it doesnt matter. At the bottom we had lending spread compression we should have had negative rates on savings accounts but banks didnt want to bring them below zero but as they raise rates banks are paying will stay at zero for a while banks dont have to eat any of this money until later down o the roads and when people see 2 and 3 on Checking Account thats when they have it for that. So president tweeting this this morning, quote, peel of iran are finally acting against the brutal and corrupt iranian regime. All of that money, the president obama so foolishly gave them went into terrorism into their pockets but people have little food, big enflags and no human rights u. S. Is watching. Jack as a result of this, as kind of an impact if you like it seeing oil above 60 a barrel. 6044 thats fair. Barely a move right, barely a move but been a while sings weve seen 60 ma is going on in iran and if it continues does it put more upward pressure on oil . I dont know it does but i would love to believe that they have a carefully thought out 4 a. M. Iran tweeting strategy. But i think you can fire one with off. I think what this does if youre government in iran you say to people look these protesters are, obviously, a puppet of trump and americans. This is protected by brutal Security Forces and they have had numerous protest where people are are thrown in jail and human rights abuses so they have seen hundreds of millions if not measure a billion from the Obama Administration plowed into iran, when they have double digit jobless rates, and 24 jobless min in iran agrees on if they dont concern economically breads and butter issue is in iran. One thing to agree on if they dont like american and president best thing right now is stay silent while people are talking people on on the ground, Youth Support democracy. You found unemployment is above 24 . Above 40 . Next one for you jack look at what the president tweeted about, quote, why is the United States post office which is losing many billions of dollars a year while charges amazon so little to deliver their packages making amazon richer an post Office Dumber and poorer should be charges much more. He has an amazon obsession because he run us amazon and run Washington Post and Washington Post says mean things about trump so he doesnt like amazon again i would love to believe this is parts of a carefully thought out Pricing Strategy for thes post office but i think hes trying to send this fng the box office kind of, you know, has his hands tied buzz there are ruleses in place that they cant go above a certain rate. Doesnt lose money on packages but loses on first class mail. We can say look america Fire Department when was last time they turned profits how about those firefighters theyre not there turn to profit. Post office is there to o deliver a letter. U. S. Postal service charmings half to amazon is what ups and plus thinking about 15 billion dollars in financeing from u. S. Taxpayers. Ironmy is that u. S. Post office gets taxpayer support. They raise package prices it work to amazon advantage because they have a better ability to deliver packages for themselves. When hurt competitor more than amazon good stuff is. Thank you. Lets talk about this, north Koreas Kim Jongun says he has a button on his desk oh great dont worry hes still willing to send a team to the Winter Olympics. So were all oak apparently that is next. Another quick check of the futures for you as we kick off a new trading year and all pointing upwards isnt it. Look at the dow future is point of pointing tos a we open today up 118 points. Lets have a look near s p and nasdaq also going to be moving up about half a percent. Well have more varney, next. Ed. Im not really a wall street guy. Whats the hesitation . Eh, it just feels too complicated, you know . Well sure, at first, but jj can help you with that. Jj, will you break it down for this gentleman . Hey, ian. You know, at Td Ameritrade, we can walk you through your options trades step by step until youre comfortable. I could be up for that. Thats taking options trading from wall st. To main st. Hey guys, wanna play some pool . Eh, im not really a pool guy. Whats the hesitation . Its just complicated. Stepbystep options trading support from Td Ameritrade classic, of course, new years resolution start jumping in premarket trading up nearly 5 of 4642. How long would that last maybe to the end of the year well see fitbit benefiting from new year push to lose weight get out there and run and fit bit up 1 . Now this, some l big changes in california in the new year. Emac first you can light up a dooby a much anticipated move and sanctuary cities that law is taking effect basically allowing for any place any town, any city to take in Illegal Immigrants. And you cannot basically he out federal Law Enforcement officials on that one. And theres also you know, a big push there because the California Home already to 2. 3 million Illegal Immigrants and so whether this how this play out remains to be seen because now youre seeing these signs road signs put up by people who dont like the new sanctuary state sat stoss for california felon, and democrats need vote so signs are hung under welcome to california signs along hay. Two words of injustice thank you emac. Now to deadly protest in iran demonstrators chanted death to dictator and clashed with military officials you dont normally see this in iran bringing colonel Ralph Peters Ralph both donald trump and Vice President pence tweeting support for those protesters. Whats your take on whats going on there right now . Whats going on there now is potentially very, very ornght. Ashley, we do not know where it is going to go because iran i dont know. But this compared to 2009 in 2009, in iran, or bean urban elite revolted for political right doomed to failure didnt have numbers. This these series of demonstration in connection withingly violent is about broad based economic issues. Price rises feeding families, with unemployment and corruption, meanwhile the iranian people while theyre struggling fiercely economically see the regime spending great deal of money in foreign war and yemen, syria supporting hezbollah in iraq, and they doapght like it so the key change now is that we are starting from the economic protest, turning into a broad based political protest. And even calls for the shaw, you know a chance of praise but that may sound odd but remember thats it 40 careers ago now. And times its enough time for the shaw regime. And you know, people are grandparents are telling their kids bag in the shaws days women were reted better. Back in shaw days we have hope. Back and so they so many factors are coming to the to peter out but we can be hope hoful and we should make intelligent well worded tweets or o whatever of support. But we have to avoid two things. One, giving the regime any excuse to say were behind it. And two, avoid promising making promises we wont keep i think hungary 56 and encourage to rise up and implies to help them and we with didnt this is iranian problem, we the the only thing we can do constructively and we should do it is tighten up on sanctions and then administration is already making right noise on that. Next to the issue too jim konk unextending a potential i guess olive branch to south korea head of the Winter Olympics next month. You buying any of this . Well i think it is now time to really worry because north koreans starting to do sensible things starting strategically before it is hostile rhetoric but reaching out to south korea on multiple fronts trying to drive a wedge between us and south korea. Now that is smart thinking. By the way i have to say, now this whole hinge about kim jongun having a Nuclear Button on desk and press and destroy us hes, obviously, hired former Hillary Clinton staffers that want to come up with, you know, the reset button. Like the reset button kims button is not connected to anything yet. And weve got time for this too colonel President Trump withholding 25 million aid to package. Hes accusing that country of giving safe haven to terrorists let us not forget Osama Bin Laden where was he found ks. What are your thoughts . In mid90s i warn people then that it was coming and look when you deal with poisonous stakes only thing you can do is cut their heads off in addition toes you made pakistan is helped it that connie network afghan helped they will kill american from billions and billions of dollars between 33 and 34 billion dollars in pakistan just since 2002. They are our enemies because theyve chosen to be and harbors terrorist and sponsor trismg not only in afghanistan but in india they have played into the hand of the worst lnls extremists for political reasons they do not protect the rights of the religious minority and pakistan is a bad, bad regime. We should not give them any money on the contrary i would close our enemy and throw our weight 100 behind india World Largest if law democracy. Well have to leave it right there great stuff as always. Colonel peters. Happy 2008 happy 2018 to you too ralph thank you as always. We are about to show you some video now pictures of snow and i mean snow in erie, pennsylvania. How about this for a number. 5 feet of snow. That snow blower doing some overtime and guess what more could be on the way entire country or frozen below zero. Well have the very latest chilling numbers. Afi sure had a lot on my mind. My 30year marriage. My 3month old business. Plus. What if this happened again . 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Tell your doctor about all planned medical or dental procedures. Eliquis treats dvt and pe blood clots. Plus had less major bleeding. Both made eliquis right for me. Ask your doctor if switching to eliquis is right for you. Retail. Under pressure like never before. And its connected technology thats moving companies forward fast. Ecommerce. Real time inventory. Virtual changing rooms. Thats why retailers rely on comcast business to deliver consistent Network Speed across multiple locations. Every corporate office, warehouse and store near or far covered. Leaving every competitor, threat and challenge outmaneuvered. Comcast business outmaneuver. We have record snow in erie, pennsylvania. How much . It is official for the full month of december more than 12 feet of snow 12 feet, 121. 3 inches of snow for the month of december concern so this is historic record snow. Erie, pennsylvania is being pound by whats called lake effect snow means lake erie stuff. Bands of snow thats right ashley i went to school in buffalo joke was you know parents put the Halloween Costume to fit it over snow suits because thats how used to snow they are. So theres concern of these cars and vehicles still in tune in snow along freeway and expecting even more snow. Of course they are. Wow thanks emac move on, of course, to deep freeze that is gripping much was country joining us now fox news meteorologist janice dean and i see those deep purples behind you and i know in winter time that just means very, very cold and we know here in the east and midwest it is brutal. It has record setting cold temperatures unfortunately as we get into you know next two weeks we dont have a lot of relief were going to see temperatures moderate a little bit over next 2