Good morning weve got a big show this morning joining the conversation fox business megyn mcdowell and tom bevin and pollster of partners author of persuasion lee carter the great to see you. A lot of news to talk about today actually first lets talk about futures in china. Because markets are up this morning pointing higher this morning, a gain of start of trading gets because of some optimism over potential deal with china. China said it is going to raise penalties. On i. P. Theft surveillances major point of the negotiations with states and continue trade talk last week this has to be a positive. I think a lot of people are feeling this. But do we believe this . That china is, in fact, going to enforce this that ip theft is against the law . This is not even a trust that verify situation because we dont have any trust with china baked into their Business Model with i. P. And you know theyll have to prove themselves i think before anybody believes theyre going follow through on this. We want to point out that had news is finally official charles is announcing it is acquiring a mare trade this term that i told you about last week 26 billion dollars in a price tag for the trade here to create an asset manager beto better compete with folks like vanguard and i shares take a looked a shares right now up 2 on official word we told you about this last week apparently my sources told me over the weekend that the reason for the week delayed in term of not amounting this after first rotted this last week was there were documents that were not signed. Thats all i could get but it is pretty much all of the details that i reported last week 26 billion dollar deal all stock deal deegan. Now get approval that could be a hurgdz because number one and number two on Online Brokers merging but landscape has changed so much in recent year in financial services. It is i dont to say it is safe to say but it will get approved but if theres going to be great scrutiny of the deal. So it will be a while before it close. Sm taking one and two right number one and number two sure you would imagine. Republican only one other one thats e trade thats left in the major brokers. Theres been some new players entered the market but not way that schwab are in the broker business. Not even a broker anymore because of the size and assets like it is a bank but it is acquiring broker to the trade so that is something and markets like deals something that you have all stock deal 26 billion in stock so still all stock still 26 billion dollars despite that huge rally in the stock. Last week when it first entered the market and i reported it in and others reported it as well. But what happened was when Charles Schwab announced it was going to no commissions. Trade stocks had had a bet and so it had taken some time for it to get back to wrote it was before the Charles Schwab announcement so not even though the stock went up on the deal news it is not the stock had been down significantly when schwab basically wiped out commissions. Well see if this fires up a rally in all of the Online Companies today. And financial services, as people suspect that more consolidation is coming go to the also this morning as well and hong kong is big story resident voting overwhelmingly overnight in support of the prodemocracy candidate in local elections. Yesterday, prodemocracy candidate winning 85 of peats up for reelection. Progovernment side weighing 13 this was President Trump is still considering signing the bill passed for house of representatives backing prodemocracy protesters on sunday morning futures i spue we can the president assistance to trade and manufacturing policy, peter about that bill. Will president sign the bill . Should get a noble peace a prize for iran and korean peninsula. Retaliate if the president signs it will the president sign it . Sm what the president said was that if it werent for him, they would have a million soldiers in hong kong and it be over in 14 minutes solet see what happens if the president decision. He stangdz with hong kong but this is a real balance because if president pass this is bill and house overwhelmingly pass this is bill and comien will retaliate what are your reactions to this . I think it is a really, really tough position to be in because to you keep china negotiator with a important trade deal right now i think that could tip the scales there. So i would not be surprised if he held office on signing until announcement. Asked to sign the bill he said had look we stand with hong kong protesters but i also stand with my friend xi xi jinping he wants to support protesters, however, ire respect of that thats that was a huge problem for the government of beijing 85 overwhelmly double yet 3 Million People vote. 70 of the population showed up to vote. Unbelievable so this is going to be about an ongoing problem for beijing i mean they, obviously, reasserted that hong kong is China Hong Kong but not going away. Nice to say peter has a high perp lee app on his phone. Againlet just talk about news of the day. Ill lean on the wallthe wall t journal editorial Hong Kong Freedom message that point out that xi jinping will make a decision on trade talks in china coldblooded National Interest if he thinks it is in best interest of China Economy hell agree tows materials whether or not President Trump signs the new hong kong bill and after this vote in hong kong the journal editorial page writes veto by mr. After demonstration of courage by hong kong voters e veto would betray america values and be a show of weakness to china. So ill leave it at that. A delicate balance for sure and well see what the president does. All right other big news yesterday is 2020 former new york city mayor billionaire businessman Michael Bloomberg officially entering 2020 democratic race making announcement yesterday he ran an ad as well weve got that ad on sundaying morning futures i spoke with former qhows chief strategist steve bannon he called this months ago on the program. That bloomberg went into the race heres what had he said yesterday after it was official. Your reaction officially entering the white house. Every town usa antigun it is i think actually on a grass root basis and from a practical basis, a stronger apparatus democracy pert and put in chess pieces in place knowing how to apply capitol knowing where Pressure Point are in this district and having a grays root a rat rues shouldnt discount but do you think he resonates with the entire country . Not just new york where he was a three term mayor . Ming does he resonate with democratic volters, no he is a billionaire trying to buy this race that would be the narrative youre going hear from the left hes worth what 54 billion dollars dont you have Something Else to spend your money on. Well thats the question. And spend it on climate too by the way. Coif a guy who is elitist so hes got to got some grumpiness problems and i think it will be interesting to watch him because trump when he hit the campaign trail, it was very clear and lee has sod this it was very clear in the summer of 2015. That something was really afoot in terms of the passion of donald trump towards the voters and the passion of the voters towards donald trump mayor bloomberg just doesnt have that. How much like how much stock do you put in that that the buzz dagen is talking about. Came down that elevator. The energy is something that was palpable that you foal and i say you can feel it when youre with the person who is winning and interesting what bloomberg has chosen not to go directly to people hes done it by a video he announced by a letter and were not seeing so he knows weakness hes not really popular with people oneonone but he does know and i think important point he does really know how to do this Grassroots Movement to get people energized and excited. So im going to be interested to see if hes not running totally Different Campaign running before. So the dark money in politics and how much money was involved in the democrats win last year in the house. Dont forget Michael Bloomberg gave the democrats last year 110 Million Dollars to win the majority in the house. He was successful. They won. What are your real clear politics polls say about bloomberg . Smg hes just 1 his unfavorable ratings are pretty high so hes not theres not a clamber out there but he has a strategy and strike that is strategy is around imploding and not holding up there and bloomberg spending 31 million and his strategy is hell be there to pick up piece on super tuesday as only viable centrist to joe biden so hes a strategy. Question is will in thes allow and pass go lest not forget Howard Schultz lets not forget others there were howard and tim ryan other guy im thinking about that couldnt pass go because he did not want a centrist. It certainly i agree with dagen in sense that the idea that 75yearold or whatever, you know, 77 set the white billion nor is answer the democrats are looking for. Who is not even going to participate in iowa, New Hampshire, south carolina, is going to go all of the distance. If theres a financial calamity next year then he can swoop in and address that because he was great for new york and for the finances. He was. He also very much not at hes very got the gun control entity and so hes very left on some issues but he could find that middle ground next year but i think, i think that how he interacts with individuals in the midwest and in the south is beginning to be really critical. I bet one of the first thing he would do is cutting debt thats something thats important to himlet take a break were Getting Started this morning we have a big show this morning also on deck coming up darrell issa is here on impeachment and the upcoming 2020 Election Form or house speak of the house talks 2020 bid. Veteran and chief Investor Sentiment and stocks on the rise and Carlisle Group executive david here on warrens war on private equity and former jet quarterback chad making an appearance today in the leat nfl news. Dont miss a moment of it. We have a big show rockandrolling show this morning to flip into break when we come back uber bumpy with ride and embedded 5 . Report it is losing london license. And it may have been lost on the day it was to expire. Then opportunity lost, red skins star duane miss the final play of the game. He was all taken a selfie with fans after we take a break hoar shawn and Camila Cabello performing at the American Music awards. Back in a minute. people talking for every dollar you spend at a Small Business, an average of 67 cents stays local. Shop small and watch it add up. Small business saturday by American Express is november 30th. I am totally blind. And non24 can make me show up too early. Or too late. Or make me feel like im not really there. 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Liberty. people talking for every dollar you spend at a Small Business, an average of 67 cents stays local. Shop small and watch it add up. Small business saturday by American Express is november 30th. Welcome back iewber is now banned in london Cheryl Casone with the details this morning in headlines. Hey, cheryl. Maria good morning transport for london has said that iewber is not a fit and proper operator after safety braves left passengers at risk. Now iewber is call london decision and now, not renew its license there exordinary and wrong and appeal it and uber investors not happy once that news crossed the tape, as you can see the stock is down more than 5 and quarter percent right now it took a downturn on this news. Well, Navy SecretaryRichard Spencer forced to resign yesterday over controversial case of navy s. E. A. L. Petty officer Edward Gallagher as President Trump intervened to allow to keep his rank and pay whroong his membership in the navy s. E. A. L. S. After he was cleared as serious war crimes but he was convicted on lesser charges. Defense secretary mark says he was deeply troubled by spence pers conduct and he lost his confidence in the Navy Secretary. And then bitcoin falling even further the cryptocurrency matching and falling to six month low. Concern about a cryptocurrency crackdown by china after the people bank of china told involve businesses to correct improper actions and told investors to be weary of Virtual Currency in general now bitcoin up for the 2019 year substantial rights from april to june that has been as you can see a bit of a fall maria on that chart and still whether it is facebook and libra or Cryptocurrency Exchange theres a lot of questions that whether theres beginning to be one krit to currency or maybe going to be 20. To go with and there should be a standard of some point. But not right now. Cheryl thank you well coming to break when we come back high voltage trouble and gets tang a led up in powerline well show you all about it. Traumatic rescue coming up. Plus a recordbreaking American Music awards last night taylor swift awarded artist of the deck kawed how she handled her music rights controversy coming up. Plus you wont believe how small the biggest viral moment of the night is. Much more ahead. Stay with us. Only one things more exciting than getting a lexus. Wow giving one. How did you guys. . Dont ask. The lexus december to rembember sales event get 0 percent apr for 60 months on all 2019 models. Experience amazing at your lexus dealer. introducing the Marilyn Monroe collection of fine jewellery. Exclusively at zales, the diamonds are a girls best friend store. shaq exclus chime t zalmagenta . I hate cartridges not magenta not magenta. Im not going back to the store. Magenta cartridges are so. buzzer vo the epson ecotank. No more cartridges. It comes with an incredible amount of ink that can save you a lot of frustration. The epson ecotank. Just fill and chill available at. The magic moment. Congress really democratized wall street. I wanted to have a firm that wanted to get everybody in. Because people couldnt access wall street. We wanted to be agents of change. For the better. Hey. Hey. You must be stevens phone. Now you can take control of your home wifi and get a notification the instant someone new joins your network. Only with xfinity xfi. Download the xfi app today. Welcome back a lot of happening this morning it is a bit of a merng enmonday this morning on wall street Charles Schwab announcing it is acquiring pd trade making it official moments ago we told you about this last week will acquire trade for 6 billion in all stock. A looked a stock this is morning in premarket and up another 2 this morning. Meanwhile theres this ldmh Parent Company to Louis Vuitton reaching deal to acquire tiffany and agreed to pay 135 a share for tiffany stock is up 6 this morning on that news in premarket and theres this acquiring cholesterol drug maker medicines for 9. 7 billion and swiss drug maker hoping to expand reach in lucrative heart Medicine Market all of the stock on the move this morning and joining us is strategy chief strategist Michael Lee Mike fell great to see you thanks so much. When you see a lot of deal like this is the reason to buy stock . This is your one of your basketball markets eyeing in corporate boardroom and other things to do so a shortterm period market all of the bullish indicators are slashing green, green, green which is typically an indicator when you start sewing setment get when you buy it right now is overtly bullish so maybe over the next couple of week we dont have a strong market but pull out to be an absolute buyer. How much does imeesmment inquiry matter to investor . You know, i think youve got i dont know how much market is up been like 3 or 4 . So almost zero right you know. Markets because investor did you want think hell get removed from office . I dont know that anybody think theyre going to get removed from office but theres a lot of money behind politicians that are pushing this sort of impeachment, and i dont think he can go back on this sort of campaign proms. For a lot of people pushing this forward. But i cant see the president being removeds over this. Mike