That all seems to have stablized. Neil think about this, jpmorgan put together a year most successful for any bank ever in history. Any bank ever in history. Fox news contributor john layfield. Point view Wealth Management president , david dietze. Welcome to both of you. It is a split verdict. Wells fargo had other problems that disappointed the street. By and large were expecting financials to lead the way. They have done that. David, is it your sense that, you know, wells fargo is more an outlyer here . Absolutely. Wells fargo had to put aside billions for legal and regulatory issues. Theyre still trying to climb back out of the fake account scandal. That really pulled down the results dramatically. Of course theyre having to deal with some client defections and so forth as people lost a little bit of confidence in the bank. Jpmorgan, citigroup doesnt have the problems and they knocked the cover off the ball in q4. Neil how would you advice people if these markets, john layfield, 29,000 may be the day, it is 39 days since we hit 28,000. Higher we go, smaller gaps, less her heck. 2018, in december with the market was selling off so bad i also, jpmorgan came out and jamie dimon more importantly came out said the consumer was doing well. The bank was doing well. That led to the latest surge in the bull market i think what youre seeing right now jpmorgan doing it again. Ceo doing the same thing. The fundamentals of this Global Economy are stayed the same, at least in the u. S. Stock market you look at that, you see you have low tax environment, good regulatory environment, the rest of the world not doing so well. The fundamentals going on, conciliatory fed have stayed the same so the market is looking good. Neil when you look at the market, david, especially end of year press on the markets what is Going Forward. They take a counterstrategy. A lot of people said the u. S. Market had a nice runup. Hedge your bets, look at europe, asia, what have you. How do you play the whole globe thing. I totally agree with john the fundamentals look very strong on backs of strong consumer, dovish federal reserve, easing trade tensions. Jpmorgan is up 40 over the last year. 17 in the last three months. That kind of pace cant continue. So i think jpmorgan, some of these other big banks will be kind of reflect our overall view on the market, which can grow by increase in earnings, somewhere between maybe five, 8 . Hard to see valuations going much higher than here. Neil Technology Led the parade last year. A little bit of a hiccup today. That notwithstanding, do you expect, john it to lead the parade this year . We have a very narrow group of leaders. Davids right. You talk about the banks. Jpmorgan is up 40 as david mentioned. Citi was up 30 something percent. Hard to compare wells fargo to these two anyway. Aside from what david mentioned he is correct on. Michael corbett, jamie dimon leading the two banks. They are two best ceos in the world with two of the best companies. If youre Going Forward, i dont think it will be probation because of that runup. Tech will continue to do well. Certain themes will continue to do well. Digital streaming will do exceptionally well. That will be disney, apple, amazon, netflix. I think Sports Betting will take off bigger than cannabis is taking off at least in the United States. It is hard to fine a play until draft kings ipo debuts. There are plays out there. I think it will be thematic and existing leaders which is a very small Group Continuing to lead the market upwards. Neil are you saying it is better to bet on players than got this year . Absolutely. Neil all right. If pete rose would have smoked pot he would be in the hall of fame instead of betting on baseball. Neil final word. Gentlemen, thank you very much. Happy new year to you. We talked about the big chinese ceremony in the United States. The vice premier will be in at the white house signing off on the phase one trade deal. Xi xinping, chinese leader is optimistic about other deals Going Forward. Edward lawrence at the white house. Hey, erred. Reporter neil, the trade delegation is in United States in washington, d. C. They are very busy today. Their message that china was open for business. It was literally standing room only in their hotel with American Business leaders trying to meet the vice premier. Like a ticket line at a adele concert. They will stress they made changes to regulations that further protect the intellectual property, doubling civil and criminal penalties for those guilty of stealing intellectual property and patent and copyright infringement. There is accelerate ad timeline for a resolution. It is 90 days according to white house visor peter navarro. The man who negotiated the deal told fox business he will watch very closely to see how the phase one trade deal simply meanted in china. We talked about these other issues. We will have people looking at whether or not theyre living up to their commitments on tech transfer. Ip, on Financial Services opening. On agriculture standards issues and the like this. Is something well have to monitor. Im not pollyanna about any of this. Reporter the meetings will go on the rest of the day at the chinese hotel. American businesses very interested especially in the industrial and general commerce sectors that are interested in going into china, wanting to hear what they want to say. Neil, we also are very interested reading what is in the phase one trade deal. That will be posted online after the signing. Back to you. Neil look forward to that. Thank you, Edward Lawrence in washington. Bernie sanders denies telling Elizabeth Warren that is woman cannot defeat the president. We have susan crabtree. Susan there has been a lot of back and forth on this. Only two of them at the dinner, not even their staffs, right . Thats right. You saw a little bit of this coming out because Bernie Sanders over the weekend there were talking points that were leaked. They were saying, taking issue with Elizabeth Warrens base saying she did not really expand the Democratic Base that much. Really just attracts, elite wealthy democratic donors. I would expand that to working class voters. So after that, she got a little bit, it seems appears, she got a little bit heated about that. And the game was on. The gloves are off. Detente, out the window, and both are going more for the knockout punch tonight in the debate. We can anticipate. They had the detente going. In fact those words supposedly were said during the debate, that is the ironic thing. Neil a dinner, im sorry a dinner back in 2018. It does make you wonder. Only two of them, one of them is lying, right . What is the old john dean line, misremembering. Im wondering where this goes if they bring it up. You got a hint from Elizabeth Warren commenting on all of this, she would rather not bring it up or what have you, but im sure other candidate will and put them both on the spot, right . Thats absolutely true. This is really their last hurrah. Youre going into the iowa caucuses. Bernie sanders is seeing sort of a surge weve seen in national polling. Although the polls in the Des Moines Register, the polls have been all over the map. The Des Moines Register recent poll came out said it is a sandersElizabeth Warren race in iowa when before the real clear national polls, average polls in iowa were showing that Elizabeth Warren was fourth behind buttigieg. It is a jump ball right now and everybody is going for it. This is the last gasp for many. We saw booker out of the race this week. So were going to see toetotoe. This is when things start to get really kind of gritty in the 2016 gop primary. Remember when ted cruz and donald trump were really going at it, even though they shared a similar base. Neil sure. Because they had the similar base. So you see now they have been so nice to one another but the game is on now and were going to see it come out tonight because time is of the essence. Neil to put it mildly. The caucuses are such a tough one to predict because the bizarre, byzantine voting, larry polls have been accurate there, going all the way back to jimmy carter in 76. Well see. Susan, good to have you, thanks very much. Thanks, neil. Neil dow up 109 points. Good enough for a record of 29,000 well see if this holds. We broached the number a subject of times. Well see what we do intraday will be at the end of the day. Meantime impossible foods looking at bacon . This commutes been pretty rough, huh . Its great actually, ive been listening to audible. Its audiobooks, news, meditations. Gotta go hey you know, i do think its weird youve started commuting when you work from home. Ill be in my office. Download audible and start every day off right. Stay resthe new rx,the icon thatcrafted by lexus. Lease the 2020 rx 350 for 419 a month for 36 months. Experience amazing at your lexus dealer. Oh no, here comes gthe neighbor probably to brag about how amazing his Xfinity Customer Service is. Im mike, im so busy. Good thing xfinity has twohour appointment windows. They have night and weekend appointments too. Hes here. Bill . Karolyn . Nope no, just a couple of rocks. Download the my account app to manage your appointments making todays Xfinity Customer Service simple, easy, awesome. Ill pass. Some people say thats ridiculous. I dress how i feel. Yesterday i felt bold with boundless energy. This morning i woke up calm and unbreakable. Tomorrow . Who knows. Age is just an illusion. How you show up for the world, thats whats real. Whats your idea . I put it out there with a godaddy website. Make the world you want. Neil all right. You dont see this every day but youre seeing it increasingly this year. All three major stock indices are alltime highs right now including the dow comfortably up by 16 points, 29,000. It was about 39 days ago we crossed 28,000. Weve been teasing this for the last week or so so lets see if todays the day we do that. Meantime irans leaders are blaming the United States despite arresting those accused of shooting down the ukrainian jet. Tray trey yingst in jerusalem with the latest back and forth. Reporter good afternoon. Major developments out of iran. Were getting information this hour that the european parties to the 2015 Iran Nuclear Deal they will trigger the dispute mechanism. This will open the door coming from europe for new sanctions if they dont change the behavior around the nuclear agreement. That will be a story to monitor throughout the week. Arrests made with irans justice chief as it relates to the Ukrainian Airlines plane shot down out outside of tehran last week, killing all 176 people on board. That made on the Iranian State television, the justice chief adding an extensive investigation has taken place though no specific number or identity regarding how many people and who the people were that were arrested. You Ukrainian Airlines flight was hit by Missile Defense system on the same night iran launched 16 Ballistic Missiles into iraq. Hassan rouhani called the event a unforgivable error although the government denied any involvement in the incident. Demonstrations against the government continued for a fourth day. Protesters were how they initially handleed plane incident and show them tearing up photos of qassem soleimani, who was killed outside of Baghdad International airport by a u. S. Drone strike. Security forces there have denied opening firing on demonstrators. Today the iranian justice chief also weighed in on those clashes. Take a listen. Translator agents of america want to use a problem to disturb Public Opinion authorities wont allow anyone to compromise security. Reporter new development this afternoon as well as the Israeli Army Says the iranians will have enough uranium enriched by the end of the year to build a nuclear weapon. That will only increase pressure on european participants and Trump Administration trying to stop irans behavior as they work closer to a nuclear weapon. Neil. Neil thank you, trey yingst. Youve been hearing about Actor Vince Vaughn getting grief and praise for shaking hands with President Trump. It started with one writer for one website and how it took on a life of its own. The fallout next. T rate. Thats why fidelity leads the industry in value while our competition continues to talk. Talk, talk the end might not be as happy as conayou think. End. 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David, good to have you. Thank you for having me. Neil i do want too get into the particulars on that. Did you envision the response your offerings would have over the last year. Ergo no one. You about you guys and now everyone knows about you and is imitating you guys . It is incredible. A year ago we launched at Las Vegas Consumer Electronics show the impossible burger 2. 0. Candidly i dont think anyone on the planet anticipated the undented demand weve seen. Were back at ces this year to announce impossible pork. I would love to serve that first kosher Bacon Cheeseburger you mentioned. Were on our way. Neil now, this like the other offerings tastes like the real mccoy. I talked to a number of doctors, cardiologists, and the like, this is a little bit better than the meat alternative. It is is not a nutritional home run. What do you say to that . I say go to the numbers. Impossible pork versus 70 30 pork. We have 60 less total fat. We have no cholesterol. Nearly the same amount of protein. We have 40 less calories and 2 1 2 times the iron. Frankly you help save the planet in addition to being a better choice. Im a meat eater. I am one of the many eat impossible products and love to eat meat. Every time meat eaters pick impossible were making a better choice for our health and better choice for the planet. Neil i dont mean to blow you snoke. I had to find out what the whole phenomena was all about. Im a big beefeater. That might shock you. I was pleasantly surprised it tasted like the real mccoy, but some samples better. But im wondering, what do you think the fuss that others have encountered along the way, if youre like burger king, with issue of frying it on a grill that also fries beef and that cause as vegetarian uproar and all that . With your success come as lot of responsibility, it better be done under the right circumstances. How do you deal with that . It is true, were meant for everybody. Were certainly designed to be kosher, halal, serve meat eaters like you. We welcome vegetarians and candidly our mission is only served if hardcore meat eaters like me and you happily pick our target. That is our target. 95 of our consumers identify themselves as carnivores. As a result we empower our customers, whether it is burger king or white castle with the impossible slider, to serve meat, the way meat eaters want it to be served. I think that is important for our mission and our business. That said, were hopeful that everyone can enjoy it. As we get bigger and bigger, we hope that will be available more and more globally. Neil do you think you need a stamp of approval lets say the Cardiology Association of america or nutritional association of the United States, people like that, who are going to give it like a official Good Housekeeping seal of approval . You know, what is interesting. I often time get the questions from investors and press. Were not competing with a piece of broccoli or a carrot, right . Were competing for that jussie, delicious piece of pork or beef that meat eaters crave. Were such a better choice pound for pound for that decision by a meat eaters a as long as we deliver on better and better jussieness and taste, were confident is a good choice for your health and variety. Neil it tastes good. I quickly admit that. David lee, thank you very. Impossible foods cfo. Ironically debuting at Consumer Electronics show again this year. They are on fire, my friends. Thank you very much, david, i appreciate it. Something tells me the incredible hulk is a beefeater. I dont know if he is looking at beef alternatives but i do know if he stops you, if youve been speeding, that give him anythi