Transcripts For FBC Mornings With Maria Bartiromo 20180104 :

Transcripts For FBC Mornings With Maria Bartiromo 20180104

On. We expect travel will be difficult and dangerous with Power Outages that are possible. The system could bring up to 14 inches in places like boston after hitting tallahassee, florida the snow for the first time in nearly 30 years in tallahassee. The Energy Market and your live this morning coming up today. Future showing the stock markets will open with continued momentum. Take a look at the market went again. Dow industrials up about 70point this morning. Nasdaq, s p 500. Yet this morning major indices are also higher. Cac in paris at the percent as is the dax in germany. At 200 korea. Dk average in japan at three and a quarter after a long holiday there. Stocks in japan as well. Meanwhile intel under fire this morning after researchers find those that could unpack nearly all computers in the past decade as the company scrambles to fix it they also face questions over the ceo reporting stock sales after the company was informed about the problem prior to when they were actually disclosed publicly. To get into all that coming up. The war of words, President Trump slamming Steve Bennett saying has lost his mind. The commanderinchief lawyer said the cease and desist letter to bed and followed his excerpt of the book. Donald trump junior over a meeting with a lawyer in june last year. The latest firing back this morning. Philip morris not quite cold turkey. Marlboro making a new years resolution to give up smoking. The baseball in lithuania, lavar ball creating chaos as he and his son arrived in the country they took off their professional basketball careers. Thursday morning to join a talk about his Fox News Network dagen mcdowell. House Oversight Committee chairman Fox News Contributor jason che fit news contributor jason che fit the theory of the atari investment strategist won the battle. Good morning, everybody. Good morning. To trump, the banning thing, i live in crazy talent. Welcome to my world. Maria the conversation yesterday was why did the president even say anything about it . He didnt just Say Something. He laid down on Steve Bennett epic in his her portion. At the end of the day i dont know how to reconcile this. He called the president a great man. He send the president. He send back the charter and by the end of the day the great man. Maria a little too much drama for some people. Dagen i love it. The death knell for Steve Bennett missed some political guru was remorse to feed in alabama. It is no great surprise that he is trying to maintain some semblance of notoriety and thats how you do it. Thats a great story. Up to east coast this morning, millions of americans that the dangerous storm, several governors declared states of emergency across the country. Packed with ice, snow, Hurricane Force winds. Laura ingle is on long island this morning which could get hit with a foot of snow in area closed. What could you tell us . Good morning. Its really coming down, coming in sideways dig it feels like youve got his breakthrough debut in the face. Expect it to get much, much worse. Standing outside the Long Island Railroad line and it is going to be a messier today. However, even though weve got 305,000 commuters, the railroad says they are ready for this monster storm. The commuters they been watching on the platform today are bundled up and bracing for it. Take a look at the snowplow actions obviously obviously as you can imagine a lot of press going into the big storm. Sanitation workers all over the new york area have been gearing up snowplows and vault spreaders the last few days to keep the road clear as the fastmoving storm is expected to dump several inches. While the roads are a priori d. , so his power. The National Weather service predict and 50mile an hour winds with the storm parts of connecticut, which means the potential for downed trees and power lines will be likely. Still, long islanders say they are ready for the storm just like all the others they prepped for. Yeah, we are getting gas for the car, putting air in the tires and stuck in her fridge. The winter storm could impact 41 Million People from northern florida to maine. 17 deaths have been attributed to the extreme cold. Emergency room doctors have been on the east coast report an unusual number of patients in the emergency room with cold related illness. This is obviously sent and to take seriously. Weve heard from people as he could stay home, do it. Use Public Transportation is your best bet is the storm continues to bear down and get worse as these became. Stay warm as he can out there. Thank you. There could impact to think about. Dozens of flights already canceled. At a minimum we are expecting that. Dagen unless this weather continues into the coming month, these types of weather events, particularly with a storm like this is not compared to a hurricane, although bomb cyclone , bonzo genesis commended the winter hurricane. You are talking about a fleeting impact on the economy. Linda can talk about this as well. When you have whether people might stay at home but they go out and buy other things rather than movie tickets they will buy snow shovels assuming they dont ever get on those. As long as there is some really lasting damage done by the storm, the impact should be minimal. In september and october. Dagen where theres work disruption. To your point, grocery stores, my sister lives in south carolina. Maria by the way, the economy so far pretty strong. He saw that yesterday. The event is said increasing the gdp three at a quarter or 3 . Dgc manufacturing data this week very strong. Coming out later this week a preview for a new coming out. Lets check in the senior meteorologist janice dean at night the streets of new york city with an update from that angle. This time is going to be a blockbuster especially for the i95 corridor. Up towards new york and long island into boston and maine where we have blizzard warnings now they have been up last night and now this morning throughout the day today in the criteria for blizzard is unique quarter of a mile visibility or left and went for 35 Miles Per Hour for the duration of three hours or more for millions of people. That is why kids are off school. Nonessential workers need to stay home enough the roadways. These winds could actually get cranked up to Hurricane Force throughout the day because the wind will bomb out, meaning it will strengthen exponentially throughout the day. Blizzard warnings for at least nine states right now and Winter Weather at guys who restores the interior sections. This would be a coastal event. If blockbuster noreaster will be a slick move or two down quite a bit of snow on some of the biggest cities. Four to eight inches in new york city towards long island and boston a foot or more end with those who answered the call of the time, people need to be on alert. Maria we would keep checking back. Janice dean there. A development that could impact all computers for the past decade as security researchers have discovered serious design flaws and tips from intel and others that could allow hackers to access Sensitive Data on devices. Plus initially discovered in the middle of 2017 but they were made public until this week as several outlet reporting that ceo ivan child bride kucinich sold millions of dollars worth of his intel stock in the company was told about vulnerabilities before they were disclosed publicly. The chipmaker and tech firms to offer fixes. The Global Economics editor Jon Hilsenrath with more and not as well as the economy. Good to see you this morning. How big of a deal is this . The security concerns are potentially a big deal. We just have to learn more information. Usually when you hear about Security Breaches and found the Software Side of it. This is in the hardware itself, as far as the stock sales go, and that is something we also need to learn about from my understanding is that ceo by selling shares in a preprogrammed basis, something called a 10 b. 51 program. So they were already planned in advance, but you said it planned after learning about vulnerabilities. Potentially a black eye for him. Maria when you first said you first said they plan its automatic, but obviously sent out the plan so well watch that. The Federal Reserve released in the in december yesterday showing officials are debating whether the tax cuts might require them to act more aggressively in 2018. We just mentioned a minute ago the atlanta fed and the gdp three and a quarter versus an initial 3 . Whats your reading on the minutes for the Federal Reserve . Defenders planning on raising three times this year. The next one is likely to be in march. The question for the fed is whether they need to do more than not. Theres a lot of wind in the economy right now. Consumers will see that in february. There is also financial conditions supporting Economic Growth. The dollar is was surprisingly weekend last year in Interest Rates are very low. A lot happening in the Financial Markets underpinning growth and we could have a growth tear this year and how aggressively does the fed want to lean against that . Yeah, thats what i just asked you. Is it three or five. My point is they are saying three. The risk could be more than not. What happens on the inflation plan. Inflation has been below their expectations. It could be hard for them to raise Interest Rates. There is a ton of debate between the dust in the hawks. Im concerned are smart dust on the fed committee now than before. How is he going to do it that as he enters his first of march . Jay powell is the first question. This is the first fed chairman. The one he needs to be wrestling with us is how hot does he want to run the economy . An Unemployment Rate now in a new one tomorrow. An Unemployment Rate of 4. 1 already running pretty hot. Does he want to let the Unemployment Rate could even lower to bring more discouraged workers back into the workforce at the risk of letting financial conditions are inflation overheat . We dont know the answer. Dagen something you dont hear them talking about in the minutes but that could make for it is the geopolitical risks that have popped up in the first few days of 2018 watching what is going on with iran, north korea, you name it. That has to be on their radar moving into the year. They have looked carefully at geopolitical risks in the past during the great financial crisis that was very much on their mind with storms in japan a few years ago there was very much on their minds. I think right now the domestic economy is really important. The Global Economy is important because there is a synchronized upturn supporting domestic growth. The risk is there that some overheat and they do more than three inches. Trade will see if that smashes just as there can answer recovery. Stay with us right here. Maria welcome back. President trump treating us this morning. Many mostly Democratic State refused to hand over data from the 2016 election to the commission on voter fraud. They have fought hard to commission not be their records or methods because they know many people are voting illegally. Must go to voter i. D. Americans in identification sometimes in a very strong and accurate form for almost everything you do except when it comes to the most important thing, voting for the people who run your country. Push hard for voter identification explaining why he did this band about Voter Committee that he had put in place. Merrill lynch cracking down on bitcoin training. Merrill lynch firstinning clients from trading futures now is banning Trading Investment trusts. Now says investing is just too much of a risk. They could no longer suggest investment i make trades for their clients. Bitcoin futures are down 7 rate now. The new years resolution is to give up cigarettes. The make or brands like marlboro and parliament took out fullpage ads in several british news papers promising they will wean themselves off of cigarettes. They will invest in smoke with Tobacco Products and create a website called a smokefree future. No winners from last nights powerball drawing. That means that jack pot is half a billion dollars. Now makes it the eighth largest lottery ever. The next ride on saturday with 418 million Mega Millions drawing tomorrow. Combine the lotteries with the recordsetting 968 million. That is a lot of bitcoin. Maria thanks, cheryl. New year, new retailers closing. Well take a look at the retail side or with more ahead of the december jobs report could looking for some good numbers from tomorrows report. Outspoken data of l. A. Lakers rookie creating mayhem ahead of his son play in their care will tell you why. Take a look at the live picture of the snow with much of the eastern seaboard back in a minute. The day after chemo might mean a trip back to the doctors office, just for a shot. But why go back there, when you can stay home, with Neulasta Onpro . Strong chemo can put you at risk of serious infection, which could lead to hospitalizations. In a key study, neulasta reduced the risk of infection from 17 to 1 , a 94 decrease. Applied the day of chemo, Neulasta Onpro is designed to deliver neulasta the next day, so you can stay home. Neulasta is for certain Cancer Patients receiving strong chemotherapy. Do not take neulasta if youre allergic to neulasta or Neupogen Filgrastim . Ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries, and capillary leak syndrome have occurred. Report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. In patients with sickle cell disorders, serious, sometimes fatal crises can occur. The most common side effect is bone and muscle ache. So why go back there . If youd rather be home, ask your doctor about Neulasta Onpro. Or a little internet machine . It makes you wonder shouldnt we get our phones and internet from the same company . Thats why Xfinity Mobile comes with your internet. You get up to 5 lines of talk and text at no extra cost. So all you pay for is data. See how much you can save. Choose by the gig or unlimited. Xfinity mobile. A new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. Maria welcome back. Another rally at the start of trading after the three Major Industries close yesterday. Dow industrials up 100 points. Almost half of 1 . Two thirds of a percent and the nasdaq up almost 1 . 20 in 17 on the nasdaq and 25 chance of the dow in 2017. Features indicating to open up 75 points, 33 higher higher extending the big rallies inching towards s p 500 from her this morning. President trump treating this. The stock market had another good day though we have tremendous upward potential. The dow shorter 25,000 but the number you thought students and administration for part 1 rights only getting better. This trombone has real momentum and we got your numbers this week tomorrow. The jobs numbers will see. Dagen start the new year writing about business up to miss them. Company after company writing up to hand out bonuses in reaction even a couple of the airlines to employees. Anybody even with the biggest brand can anticipate in the way of the momentum we see in the economy. You can see slower gains in the stock market given the valuations. Anything that looks reasonably valued looking across an entire array of asset classes. Near market highs as we start 2018 every single day. Maria the policy has encouraged this. Regulations have come down. The macro problem for the democrats as the tax cuts were not good for the economy and peoples jobs and paychecks and bonuses are going the right direction. We are viewed as fighting for people here illegally as their number one issue going into the budget battle that looms on january the 18th. I dont know that democrats have a message to take advantage of the volatility is something shows up with steve bannon and others. Its going to be hard to argue the fact people have more money in their pockets in the economys doing better. The atlanta fed raised the estimate of gdp. I wouldve never happened if president obama. We talk about 1 . These policies are working. Youre hurting people by giving them their money back. It was a problem over president obamas eight years that Many Democrats literally taught down the economy. Government needs to intervene and raise the minimum wage because thats the road to prosperity as opposed to getting out of the way of business then getting in the middle of the highway is. To deregulation trump has been pushing. Banks obviously huge beneficiaries to the deregulation. The banks fourthquarter earnings on the horizon now look towards fourthquarter earnings. What do you expect dean fanatics are there any things youre particularly watching . Fourthquarter earnings and with jpmorgan, wells fargo, the current estimate for the Fourth Quarter is 1026 growth. For the Fourth Quarter. But concerning thing is they havent moved much over the last two months. And while that comes down, the market has been going up over 5 since midnovember which is interest in. I w

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