Department with the details on phase two of his investigation with zeros on the state department. Remembering Edwin Jackson, Funeral Services held today. The Indianapolis Colts linebacker whose life was tragically cut short. The latest on that Illegal Immigrants charged in his death. Shocking discovery meanwhile Flights Canceled at the London City Airport after an unexploded world war ii bomb was discovered in the river near the runway. Details as they work to dismantle that device. The u. S. Figure skater becoming the First American woman to land a triple axel on the olympics. Weve got all the highlights from the first weekend at the Winter Olympics coming up this morning. All the stories coming out. Junior talk about a coming day can make doll, risk with ceo managing partner mike murphy and pollster, lee carter. Great to see you. Great to be here. Dagen where do we begin . I cant wait to see your devin nunes interview again. Maria it was interesting because he took us through what hes doing now and the amazing issues that theyre looking at coming out of the state department. Hillary Clinton State Department where information flows to make its way into the dossier which has been used by the democrats to spy on donald trump. Dagen daiwa smog that we didnt know murky and grotesque during the election. Trades are well. The ceo of oracle with us this morning. Along with the city of Caesars Entertainment, will talk about business today. Marsha blackburn is here along with American Trucking associations ceo and president chris here. Olympic Gold Medalist apollo ono is with us. Thomas another. We kick it off at our top story this hour. Markets attempting to rebound. Started off the week in a positive note after stocks saw their worst week in years. A look at futures right now at the height of the morning at the gain of 290point up one and a quarter . Mike murphy, would you think about this . A welcome balance, needed bounds. One thing for viewers at home, i hate to see big outflows from u. S. Mutual funds in a volatile time. People selling after a selloff, which is exactly what you dont want to do. You wanted to buy in rebound as i do. Dagen almost 23 billion in seven days, but 100 billion won into global equities. You can argue the market is fairly priced here or even fully pricier, but the volatility weve seen come in no way a person not home can benefit from not, you can trade against bad, so people have a longterm plan and stick with it and dont try to trade into big spikes are sellouts. It feels like a year of big spikes. A lot of volatility. Ignore it. Stick to your plan. If the market goes down a thousand points you wouldnt then sell or liquidate part of your portfolio. If you traded, 10 selloff is a great time to add to your portfolio. Not take away from it. It seems to me when we talk about so many of the americans i talk to nearing retirement, they get so nervous that these drops moving at 12,000 a day and that seems like a ton to them and they get so nervous and really having flashbacks to what happened in the past. Hard to reassure those. Maria what are we talking about, not much. 10 as mike said so far. The people had forgotten what volatility was like. The central problem is the markets had been so smooth and every asset class literally going up in lockstep. People get conned. Again its like behavioral finance. People get conned into thinking they are treating geniuses. We saw in the late 90s, early 2000 during the housing bubble that everybody is up on renovator to home speculator. That is part of whats getting washed out of the market hopefully and thats ultimately what makes for healthier markets. Anyone who has exposure to the market does the market thats when the market of 30 plus since the election is now the 10 correction weve seen this causing them angst to over expose to the market. Those people selling rate here had too much exposure to equity, so nows the time to rebalance. Plus 35, and now they are minus 10 . If this is keeping them up at night they should be selling. Maria policy obviously dick cheney behavior as well. The president unveiled his longawaited infrastructure plan. 125 trillion includes private money expected to call for federal spending of 200 billion over 10 years intended to spark state, local and private investments resulting in a new spending bill. The white house as President Trump will be traveling to promote the initiative after it unveiled. Perception from the people youre speaking lands. Its really important to president out there is sharing his message. The photo shows an opposite message and when he talks to the American People about what its going to do for them, it only helps with numbers and helps people feel more confident. Infrastructure is something he promised he was going to do and something the American People want and democrats agree is important and to do. A lot of criticism on the budget and is this the right thing to do . Hes got a story to tell to make people feel comfortable and confident in a loss to stick through tough times. Maria last week he was talking about the budget and there wasnt a lot of happy faces is harder than budget. The infrastructure plan is part of the 2019 budget set to be released today. Dagen his budget for next year is largely moot because you have Congress Already agreed to your budget plan, which includes 300 million in additional spending. 20 billion of that by the way it is an infrastructure. Hes got a 200 billion infrastructure plan. Who is paying for that . Right now the market concerned is the policymakers overreact to rising inflation, particularly in wages . The 10 year yield moving up a twopoint 88 this morning. That is a sign the economy is still okay. We have a president cutting taxes who is raising spending and theyve got 1 trillion annual budget deficit. That is not a good situation, not for the markets. Maria markets react to this. The white house says that this 19 budget includes increased spending for immigration, border security, veterans medical care to fight the opioid epidemic. They propose cutting deficits by 3 trillion over the next decade through an aggressive set of spending programs. For entitlement reform . Also the u. S. Economy will grow 3 annually over the coming decade. They are making a big assumption here that growth is actually going to cut into all of this spending in put a limit to the spending, but when i would look at trillion dollars deficit over the coming years. Of march part because of the deficit the republicans put through a 300 billion in additional spending. What will help, the tax reform will help because we do need a faster growing economy. We do need more revenue coming into u. S. Government. We didnt have that in the most recent year. Revenue was up 1 . That will help, but you do need to cut spending and youre not seeing that. In the budget the republicans passed 6 billion in additional spending for the Opioid Crisis on top of the billions they handed out. Again, wheres the money coming from that ultimately people say we need to raise spending on the military. We did that, but our National Defense more than anything ended up paying money out in interest on our debt to china. We are literally a few years from now funneling money just on interest to china to our enemy. Maria as rates go up, that is the reality, mike murphy. I know you will set the backdrop is strong because it is. Be not the backdrop is strong in the backdrop of the infrastructure bill is different than what weve seen before because where the money is coming from is 80 on the private and local government versus the federal government because they reversed it from where it used to be 80 of the federal, 20 local and now its 80 local. If you want to fix a road or bridge in your municipality or your area, you have to put up a bulk of the funding and the federal government will help you. It looks to me from a business standpoint its not a handout for you or handout for you if you can do part of the heavy lifting we are there to help you. Maria 200 billion federal. The rest is private or state and local. Dagen to all the people who mock the show already, the stimulus package back in 2009, you ought to be mocking us. We need Infrastructure Spending in this country. Make the people who use our roads and bridges pay for it. Our National Gas Tax has not gone up in a quarter of a century and that is just absurd. Ill leave it at that. Maria well, the ceo of the American Trucking association coming up and hell have ideas in terms of paying for this as well. What he has to say gas tax increase. Dagen the truck administration is not going to propose that. The 200 billion infrastructures ending comes from spending cuts. Where that will happen, who knows. Everybody wants a piece of the pie. Everybody wants a piece of the spending. Either way, we are borrowing this money to handed out. It is interesting to see what ends up being put to work. Maria and we know they will not cut back on entitlements right now. Thats where the growth of the money is. Dagen im just waiting for 11 years when the hospital funded medicare goes belly up in its immediate cuts 88 cents on the dollar. Thats whats on the horizon for this country. Maria as i mentioned, Truckers Association ceo coming up. London city airport, hundreds of Flights Canceled after crews found a world war ii era bomb in the river. How long it could take to remove this dangerous device. Well tell you all about it. The First American man to triple axel at the olympics are about the details on the incredible feat and the highlights on the Olympic Games. We will be back here. Oh, manatees. Aka the sea cow oh theres one. Manatees in novelty ts . Surprising. Whats come at me bro . Its something you say to a friend. Whats not surprising . How much money matt saved by switching to geico. Fifteen minutes could save you fifteen percent or more. When this bell rings. It starts a chain reaction. Thats heard throughout the connected business world. At t Network Security helps protect business, from the largest Financial Markets to the smallest transactions, by sensing cyberattacks in near real time and automatically deploying countermeasures. Keeping the world of business connected and protected. Thats the power of and. 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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. Maria a big rally, markets looking to build. A gain of almost 300point mark in the Dow Jones Industrial average and 75 points higher in the nasdaq. Other headlines come a world war ii era bomb shut down London City Airport. Cheryl casone with the details. Good morning, maria. Amazing what you can find. Construction workers discovered the bomb in the nearby stands forever. Theyre working at this hour to safely remove the very old explosive. Everything within 700 feet of the scene has been evacuated. No one is allowed in. 16,000 travelers so far have been affected. Over in russia, hundreds of rescuers are battling the elements come into the wreckage of a plane crash over the weekend that killed 71 people. New Surveillance Video shows the moment flight 703 plunged into a field shortly after it took off from moscows airport. Investigators look into whether human error was a factor in the crash. Comcast thinking about reviving its pursuit of 21st century fox. The parent company, the Fox Business Network. The bid for the companys entertainment assets was turned down despite being 15 higher than the eventual buyer, of course that was disney. According to the wall street journal, fox news concern was that high up in the company with significant antitrust risk because the acquisition of fox to be a vertical deal that would have more cable tv channels to a similar company. Comcast is up 2 over the 21st century fox about 19 . Com and qualcomm have a valentines day date. The two plan to meet on wednesday for the 121 billion acquisition offer, the first time the Semi Conductor company will discuss the deal. Broad, offers still undervalued, but meanwhile the wall street journal reported broad, had secured 100 billion in debt finance team for a bid strength and in its hand in what has become quite a takeover battle. Broad, 14 over the past year. Qualcomm is up 20 , maria. A lot of action right now. Trade to the Semiconductor Space has been busy although they took a real hit. They took with it with the overall market that we will hear from a big conference over the next 48 hours. A lot of the chip stocks are rallying because of crypto carinthia bitcoin, very highpowered chips in order to do that in youth sports is really helping us. Chips are a place you can still see big gains in this market. Maria we should also point out that the quiet. Im a blackout. For companies are quiet now and because of that the companies will buyback stocks again. When they started being back in the market will push stocks. Yes, for sure. Dagen we hope. Im cuckoo to live on he was talking about the stock market, we hope. Maria they are. We look at a 300point rally. Take a break. A tale of two memos, why House Intelligence Committee chairman devin nunes tolman his bombing bombshell news was just the beginning. They plan to turn the International Space station into a commercially run venture. How the commercial controversial idea would work. More on that next. So from the two trucks over here. I want you to pick a new truck for your mom or dad, knowing that they could possibly pass it down to you one day. Oh. Cool. But before you decide, you should know that chevy silverados are the most dependable, longest lasting fullsize pickups on the road. Which means that ford f150s are not. giggles which truck would you pick . The chevy. There you go. Boom. That was obvious. Plus it looks cooler. No doubt about it. Now they know what to get me. They appear out of nowhere. My secret visitors. Hallucinations and delusions. The unknown parts of living with parkinsons. What plots they unfold, but only in my mind. Over 50 of people with parkinsons will experience hallucinations or delusions during the course of their disease. If your loved one is experiencing these symptoms, talk to your parkinsons specialist. There are Treatment Options that can help. My visitors should be the ones i want to see. My visitors should be the ones 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. Maria welcome back. The latest in washington. Wright has since declined the counter memo on fbi security abuses. I spoke with congressman and House Intelligence Committee chairman devin nunes yesterday to get his take on the explosive rise in the amount he commissioned the research. Is clear from the development from the very beginning that they packed it full of sources and methods. Maria how far does this go . With barack obama and Hillary Clinton pulling strings . We know the attorney general was briefed in the spring of 2016, so we know she was made aware. Now the people from state Department Said john carey, secretary kerry was briefed on the dossier. So all of this without air, everybody but the Charm Campaign and republican and the American People. Everybody outside of those three groups know about the dossier and were actively trying to op