Lynch. Thats a mouthful, they are under the same umbrella. Talking about the money pouring into the market. Individual money in the latest week, a record 33. 2 billion in the stockbased funds. That is through wednesday. I guess they do it that way. To put that in perspective, stepping back, 278 billion for all of 2017. If you were to maintain that pace and it were to continue to go at that frenetic pace, the gist of the merrill report is things would be looking frothy. Now theyve been saying that for many years, you could go back to a few years into the bull market that celebrates its nineyear anniversary in march. But among some of the things out there, and a big disappointment for me was starbucks. They were very high at holiday sales and a lot of that had to do with dismissing the pumpkin latte. [ laughter ] moving the peppermint latte to the front of the line, and i warned the baristas here, locally, i said youre giving up the cash cow, they said what do you want . And that was it. Those two developments from my money are the developments today. The starbucks thing just shy of estimates, they made money hand over fist and enough share the wealth on tax cuts to come with workers. I dont want to make too big a deal out of it, adam, pumpkin is still big. Still being the president of the United States talking in davos and signaling America First means everybody invest in america now. Take a look. Im here to deliver a simple message that has never been a better time to hire, to build, to invest and to grow in the United States. We support free trade, but it needs to be fair and it needs to be reciprocal. I believe in america. As president of the United States, i will always put America First just like the leaders of other countries should put their Country First also. But America First does not mean america alone. When the United States grows, so does the world. Neil all right, now he was politely received, i wouldnt say robustly applauded. The fact of the matter is he was entering the lions dare, doesnt care much, but he is enticing foreign capital to come to the United States that suddenly we are the cheaper tax draw to say nothing of the big investment beacon. Seemed to be resonating with ceos of Companies Representing half trillion dollar market value yesterday. How this could follow up on that. Lets get the read on this to real clear politics Caitlin Hueyburns and our own Charlie Freeman and our own watch what i want to say, charlie gasparino. We are open for business, come bring us your money . That was a great speech, i thought. I think when donald trump is at his best, its usually about the economy and talking neil hes in his element with that. Ive been to davos a lot. I choose not to go now. Neil the davos, switzerland or davos, new york . Is there a davos, new york . Neil where ive done a lot of reporting. Okay. Its a place filled with euro, quasi socialist bureaucrats and american ceos. Neil great fondue. Horrible food. Nonprofit beard strokers there. Neil hes an elitist. Neil, this is like quasi socialism. Thats what he was walking into. The u. S. Ceos are openly embracing him. They all boycotted his Business Councils post charlottesville. They are all meeting with him now. Jamie dimon, as we reported yesterday had a private meeting with him last week from jpmorgan chase, Steve Schwartzman from blackstone meeting with him lately. They know his policies are good, most of his policies are good. Neil and they like making money. A slowdown in gdp this quarter, guess what . The tax cuts havent kicked in yet. Neil by the way, wasnt trade part of that . That worsened it, right . Because of the way they calculated doesnt mean imports hurt us because the way they want to avoid double counting things. Some worry this could drag future gdp numbers. The trump agenda is a concern. I think the actual capitalists in davos are concerned about that. They might have been reassured. Neil put them in a phone booth, where were they . Right. Gdp number, look, the very good story underneath the headline which absolutely was disappointing is 6. 8 growth, nonresidential fixed investment. Businesses investing in the u. S. Its the same thing youre hearing from that crowd in switzerland. Its going lead to productivity growth Going Forward. This is a president who campaigned and the reason there was so much focus on davos, is he campaigned as populist entity. A lot of his policies have been traditionally republican. He gave a lot of tax cuts to ceos, thats why they are happy with him. Neil he gave them a curse of wealth which he almost had to share. Im not judging one way or the other. They got so much out of this, so crazy much, thats why theyre handing out bonuses and seeing the folks do this . Right, great pr for them, the republicans and to run on. Different economists are looking at whether people get money back, whether they spend that money, shows whether they are involved and whether that money does come back im sorry, go ahead. The first time hes ever apologized [laughter] you know, im optimistic about the tax plan, okay . And optimistic about much of trumps economic agenda. I think we have to give a reality check because we have viewers buying the market. Trade agenda, hopefully protectionism stuff, the antinafta stuff is all rhetoric, thats going to hurt the Agricultural Industry and the other industry that needs nafta to grow. Number two, the individual side of the tax cuts are pretty lousy, and hes actually raising taxes in a lot of states by just neil a lot of individuals ironically are getting the benefit of the Corporate Tax cut without the individual thing. People that dont pay a lot of federal income taxes get a small tax cut, there are people in five or six states that get hosed. And the third thing i would say is the tax cut for Small Business which is generally the driver of economies is pretty weak, and i would just so usually big corporations, they move like freighters, slow. I just worry that jamie dimon and blackstone and all the Big Companies, they may be handing out checks but not going to be hiring in what people think. Neil i dont know. Different indicators on the other side. Wage growth has been a real concern among a lot of people, thats one indicator, just on the personal side, just thinking how people vote and respond to this. Neil i know its a simplistic question, thousand dollar bonus, 2500 bonus, wouldnt be that reflected in a wage . If you are benefitting from, that working for one of the Companies Neil are they substantial enough to show up in the numbers . Shortterm, absolutely. Longterm, its the growth in the economy, and whether you are one of these people who get bonuses and more than 100 companies now, starting next month, youre going to see more aftertax takehome pay. I think neil that will depend how much pay it is, right . Now people who dismiss the amount. People who pay taxes get a tax cut. Neil i agree with that, but i think thats going to be more of an exactly, and i think that could be more of an economic boom, whatever you think of the president , his tweeting, all the other stuff and the latest conversation he might have wanted to fire mueller, that will be inconsequential to the bigger debate as to whether this significantly reduces the economy. I think it will. Statistically, you say . I think the political impact is the tax cuts, people dont realize theyre going to get them, theyre going to get them. Almost everybody is getting a tax cut. The big Economic Impact is on the corporate side, the xrurm is healthy, the consumer is spending and its the Business Investment rising thats been the story so far in the trump era, and thats where you see the growth Going Forward. Neil caitlyn, that has been the argument that this will have a pay it forward effect. Other companies are doing, it were seeing other examples of fedex and other benefits and companies are trying to outshine the pr factor of this. The pr factor is huge in this. I dont care about the reason, but if im working, im getting this. Youre not carrying about it there is always that incentive. Talking to voters as i often do, its the longer term security factor. Do you feel you can make bigger, better decisions because you feel economically secure, i dont think that has been answered yet, certainly republicans are hoping that these small things make a difference and make people feel they have more options to spend money. I know im simplistic, you are quite smart. Charlie, i always prefer my boss to be happy as a rule of thumb. Yeah. Neil when he or she is happy, theyre more predisposed to do good things, and i like to think, for me. And i like to think for the place i work. Some of them have been stingy in the past because theyve had to be. Theyve been kind of regulated, the death tax and that mentality changes, i suspect, this is the psychological view, i suspect that will have an effect that will reverberate . Yeah, it should. Listen, im worried about a couple of things here. You know, i look at what can get us to 3. 5 growth, okay . A huge Corporate Tax cut helps you get to 3. 5 growth. What could help us get on 3. 5 growth is real tax reform on the individual side, which really did not occur. Im telling you people who dont pay a lot of federal income taxes are going to get a few bucks but some wont. Neil huge surge in upgrowth. It should. Its going to be good for stocks, publicly traded companies are getting a huge tax cut. Small businesses are got getting a big tax cut here. Neil i dont agree with that. Some of the biggest cheerleaders for this plan were at National Federation of independent business, members telling them theyve never been more optimistic. But its not a great deal for them. If you look at the way the passthroughs are working with all due respect, theyve looked at it pretty closely. Have you seen i understand in this town among people in our industry there is a lot of concern. Neil and the elitists. If you talk about Small Businesses, stick to that. What is the real do you understand the tax cut on the Small Businesses . Its marginal. Neil the bottom line, they wouldnt be no, no, no, they wouldnting believe me, im not apologist or cheerleader. Im talking about the guy that runs the local drugstore in my town. Hes going to be hiring, the small mom and pop operation, hes going to expand hiring. He misread the tax law. Neil he is some of the smartest people i know. He does my taxes. The concern, as he tries to high, is can he find the workers . Thats the biggest challenge right now, and thats where i think immigration j just echoed what he was telling me, its hard to find people. James, hes not getting a big tax cut. Negative behavior, charlie. Caitlyn, do you see this having full effects on the economy, enough to help lets say politically finally republicans in november . I think that this is where the president s own actions come into play, because we have seen in polls hes not getting credit for the economy yet. It is january, but the fact his Approval Ratings, people view him the way they view the economy is reflected in the way they view the president and the philosophical argument they like whats happening but dont like him. Right does, that encourage people to show up you show up when you want better fox poll had him at 45 . Among the economy. Do you show up to register your support or show up to register a complaint . And typically in midterms you show up to register a complaint. Neil to offset those who are happy. Creates issues for democrats trying to undermine all of the pr coming out from this tax bill saying to people, oh, this cut is not big enough for you. I think theyll run into problems there. But the overarching neil thank you, guys, i didnt mean to jump you on. Blame charlie. Im kidding. We are going nob washington for the president s state of the union address, he will be crowing about a lot of this and mentioning this. I caught the cnbc interview, he did mention it once or twice. His view is that will reverberate and benefit americans. Charlie gasparino will be damned. More after this. Neil all right, you might have noticed in this day where stocks are soaring, in the casino industry, wynn resort is tumbling. Theres a wall street journal story that hit the wires recounting wynn resorts employees and others accusing the guy who runs the place, mogul steve wynn of Sexual Misconduct. They cite the names and severals not identified including mr. Wynn paying a 7. 5 million settlement. Mr. Wynn, who we reached out to, dismissed the story saying the idea i assaulted any woman is preposterous. Since he is the wynn in the wynn resorts and the brains in this casino operation that goes now to facilities all over the world including dubai and elsewhere imperls him and could in the Financial Community imperil his company. It comes at a time when such allegations seem almost legion in any industry beginning with our own about a year and a half ago, and at this very company. The fbi text story raising credibility concerns. Where you stand on this issue whether questioning the fbi is a proper patriotic thing to do. The bottom line is that you have two key players in this sometime back who are not big fans of donald trump. Bigger fans of Hillary Clinton, and trying to orchestrate from some texts coverage and investigations that went that way, but those are the early reads were getting from some of these, might be much ado about nothing, adam shapiro on capitol hill how they are following now. Hi, adam . Reporter hi, neil. Republicans think there is something on capitol hill, and not much ado about nothing. Chuck grassley, the chairman of the Judiciary Committee released more of the Text Messages some, 50,000 over more than a year of a relationship between fbi agents peter strzok and lisa page. Heres the latest Text Messages that senator grassley has released. In the first text message, this is page to strzok, she says referring to Hillary Clinton, the last thing you need is going in there loaded for bear. You think shes going to remember or care it was more d. O. J. Than fbi . Strzok texts back, agreed i called bill and relayed what we discussed. He agrees. I will email you and this has been redacted same. Much later, he says this is referring to mr. Mccabe, this Text Exchange and his connections to Terry Mcauliffe via his wife, mr. Mccabes wife and whether mr. Mccabe should have recused himself from investigation of Hillary Clintons imails. What does this all mean . Jim jordan, one of the republicans very concerned about whats happening at the fbi, said this. I think the logical thing is if the fix was in on the clinton investigation and these same top people at fbi started and ran the trumprussia investigation, might there be bad things going there as well . As you look at the Text Messages, sure looks like there is. Reporter democrats are pointing out that republicans like jim jordan are trying to undermine the fbi and the department of justice as part of an attempt to undermine Robert Mueller and his investigation of collusion or potential collusion with the Trump Campaign during the presidency. So heres what mark warner from the Senate Intelligence committee put out. Hes the ranking member, he said in a tweet, quote, and this is in references to allegedly theres a tweet which theres reference to a secret society, he wrote so take all of this with a grain of salt. President trump referring not necessarily to this, but the bombshell report in the New York Times that he had directed officials at the white House Counsel there, mr. Mcgann to fire Robert Mueller. President trump in davos said that wasnt true, called it fake news. Fox news confirmed he did have the discussions with white House Counsel. Back to you. Adam, thank you very much. And to that final story there hes touching on, and adam, elaborated a little bit on it whether the president wanted to fire bob mueller. John roberts traveling with the president in davos said it may have come up at a meeting as one of the possibilities or concerted effort shut down by the white House Counsel who were separately told threatened to resign if the issue were forced. Lets get the read from Washington Examiner white house correspondent. Gaby, i tend to be simple not because im trying necessarily to be a fair journalist about it but because im not that bright. And what i see right now is that mueller is still there. So whatever was entertained and, whatever was kicked back or rejected because it was entertained, muller is still there. What does it mean now . It means that somebody along the way talked the president out of firing bob mueller that was something he was considering. But there is, you know, further questions that need to be asked about how serious he was on that . Were not sure if this is a directive, whether or not he actually asked don mcghan, the chief counsel what it would take to fire bob mueller or suggested if this investigation takes a turn for the worse or probing things that doesnt tie into the russia meddling in the 2016 election, then i want this on the tabl