Linking russian involvement in the election. Well speak with a former operative who questioned the cias sources on this. David . David very interesting. Back to the markets. The dow closing at a brand new record high. Call it paul krugman high, how about that . 15th since the election. Were about 200 points away from dow 20k. Johnson johnson, pfizer, walmart among todays biggest boehners. Oil driving ahead as well. Phil flynn watching action in oil and gold from the cme. We have lori rothman at the nyse. Phil first. What is driving oil up, phil . Boy, what is it, history, that opecnonopec accord. A lot of people said they couldnt get it done. They did it over weekend. Prices are up higher when they actually closed. They were up 2 1 2 . On the market sunday night it was up 5 . It pulled back quite a bit. One of the reasons it pulled back a lot of hedge funds pot long on rumor the deal was going to get done and took profits ahead of the fed announcement that will come out tomorrow. They wanted to get out of there whe the getting was good. Still have very impressive gold. Gold is higher today. I know it could go up again. It is up today. I think that is shortcovering ahead of this big fed decision this week. When we you saw what happened in the yields and bonds and everything that really caused some of those shorts to cover a little bit, collect some profit. Dont mistake about it, were very bullish on oil. This move i think is opening up a new era. Opec and nonopec countries are going to matter again. I think they will comply and very close to it. And i think the world changed and changed this weekend. David i think it changed in november. Thank you very much. Loriing rothman on the floor of the nyse. You have a details on big media deal, explain. Media deal is going kaput. Sumner redstone privately held National Amusements and pulling plug on cbsviacom merger. Back in 2005 they originally split. Viacom shares tanked on news. Cbs came off the lows when reported by New York Post that Verizon Communications may be interested in picking up cbs. Viacom will officially appoint ceo bock bak ish as president and chief executive officer. He was there in interim basis. I want to move around because there is a lot of storied stocks. Alexion shares were down 13 . Chief executive officer and chief Financial Officer resigning one month after it was being investigated by allegations related to sales practices of one of its key ugs. That was a way underperformer if you will today. Back to you. David look at stock chart. Lori, thank you. Stocks having trouble gaining traction today. Could the feds likely rate hikes on wednesday be a serious roadblock on the way to dow 20,000 . Joaning me jonathan hoenig, capitalist pig hedge fund, fox news contributor, James Freeman of the wall street journal jonathan is the fed holding up stocks right now . David, who knows. This time more than any, who knows what effect this fed rate hike will have. This is bull market. Bull markets there are no tops. Even today, another 700 new 52week highs and handful of new 52 week lows. There is no reason for the fed rate hike to interfere. After a decade of massive intervention bip the Federal Reserve this time anyones guess about wednesday. David there is unraveling going on as a result of trump election. James, 10year treasury rate going way up, i think it hit 2. 52 . A lot of people wondering if this is the end of the bond rally weve been hearing about for years and years, whether everybody is interested in stocks or inflation. What do you think is driving rates up . I think it is reasonable to expect rates to continue to rise back to a normal level. We have had as you been discusses weird era of monetary adventurism, the fed i hope pulls back, steps back from the role. A lot of unwinding to go. Power of tax reform and promise of Regulatory Reform and higher growth and higher corporate profits is obviously top of mind the last few weeks since the election. Melissa president elect trump narrowing his sites on wasteful Government Spending slamming lockheed martins expensive f35 program. I think things look at f35 program, with the money, hundreds of billions of dollars and it is out of control. And people making these deals for the government they should never be allowed to go to work for these companies. You though they make a deal like that, and thin a year later, two years later or three years later you see them working for the Big Companies that made the deal. Melissa just in case you think that was offthecuff mark he didnt mean it, he was tweeting earlier the f35 programs and costs out of control. Billions of dollars. Can and will be saved on military and other purchases after january 20th. Jonathan hoenig you find this terrifying . How come . This is your money, my friend because the president wakes up and kind of gets an inkling and sends a tweet and send a multibilliondollar companys stock careening. Lockheed martin was down 13 in face of new alltime highs for the dow. This ultimate insiderrism. President elect wants to attack wasteful spend something one thing but to do it in slipshod way and tweeting on this, commenting on that, that has effect on real economy, he seems out to lunch on this one. Melissa out to lunch. Separating economy from the real economy. Melissa James Freeman he is being a steward of taxpayer dollar, padding your bill and overcharging, have these great government contracts forever you maybe check yourself before you wreck your sell . By one estimate this thing costs more than 40,000dollars an hour to fly. It obviously is being delivered a lot later than peoplologynally peoplologynally originally expected. What is the right price for these things . I dont know. Melissa i dont know. Less . Absolutely appropriate for president to demand best deal he could get selling to the government. David couldnt agree more. Silicon valley making a journey to the trump tower. Tim cook of apple and jeff bezos of amazon meeting for roundtable at president elect. Maybe just as important who is not going. As of now Facebook Ceo Mark Zuckerberg and Tesla Ceo Elon muck. Yet to accept the invitation, james. Is this an intentional snub . If it is i think its really foolish. And what, what the valley ought to be thinking about, i think maybe along with their differences they ought to talk about all the benefits theyre going to get from the trump tax reforms. Tim cook of apple obviously not a fan of the president s elect. Support is his opponent. Yet 200 billion of cash apple s overseas would be a lot easier bringing it home under the trump plan. David jonathan, one thing elon musk is not going to get or is less likely to get another part of that gravy train he has been in on in terms of government subsidies for so many years. Clearly, if trump will take on the pentagon you know he will take on solar energy, right . That would be tremendous. That would be tremendous to see all the subsidies go. To see the market respond postively as a result. But you know these tech companies, elon musk and tesla, these great tech companies, amazon, apple, these have not succeeded because of favors or help or handouts from the government. They succeeded because government stayed away from their businesses. Goldman sachs is up 30 since trumps win. Apple is flat. Think these companies would like to see trump say well stay the heck away from your companies and let you continue to innovate and succeed. David jonathan, james, good to see you. Melissa that was fun. David it was. Melissa another unprecedented move by donald trump, yet another. Why the president elect says he is skipping daily Intelligence Briefings received by president s the past 70 years. David the Trump Transition Team holding key meetings with big names on both sides of the aisle. Well take you live to trump tower with very latest for who is being considered for the remaining cabinet positions. Exxonmobil Ceo Rex Tillerson emerging as top pick for secretary of state. Why there is a bipartisan battle brewing over his ability to serve as our nations top diplomat. Tillerson knows the world. He hasnt been sitting around in some state department bureaucracy or hanging out at some think tank in washington. B. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. With it, i earn unlimited 2 cash back on all of my purchasing. And that unlimited 2 cash back from spark means thousands of dollars each ar going back into my business. Which adds fuel to my bottom line. Whats in your wallet . 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See your doctor if your asthma does not improve or gets worse. Ask your doctor if 24hour breo could be a missing piece for you. See if youre eligible for 12 months free at mybreo. Com. Come on, wake up come on, why ya sleepin . Come on what time is it . Its go time. Come on. Lets go, lets go, lets go. Woooo hoooo yeah i feel like i went to bed an hour ago. Ill make the cocoa. Get a great offer on the car of your grownup dreams at the mercedesbenz winter event. Its the look on their faces that make it all worthwhile. Thank you santa now lease the 2017 c300 for 389 a month at your local mercedesbenz dealer. Melissa shares of boeing dipping afterhours. The Company Announcing plans to cut production of its triplein august of next year. The boeing says the cut in production will have modest impact on results for the year. 777. It will impact employment next year. That is not good. David were kicking off another busy week at trump tower, Carly Fiorina, Rick Santorum and democratic senator joe manchin stopping by for meetings with president elect today. John roberts is on the scene with the very latest. Busy today there, john. Reporter david, good afternoon to you. Always a busy day at trump tower. Well give you latest definite. Donald trump has top economic advisor, gary cohn, veteran of goldman sachs, named chief of National Economic council today. This is the third time in the last four administrations somebody from goldman sack is the top economic advisor. Robert rubin for president clinton. Steve friedman for george bush and gary cohn for incoming president donald trump. Speculation what lies ahead. We had this on pretty Good Authority that in the next couple days donald trump will be naming Rex Tillerson as his chief diplomat. He is the president and ceo of exxonmobil. He will be taking over we understand as secretary of state. Few people outside of government sources tell us recommended tiller man to donald trump. Couple people who used to be in government recommended him. Those people happened to be robert gates, former chief of defense and condi rice, former secretary of state. Tillerson is close friend of former secretary of state james baker. What does donald trump like about him . That he is a deal maker and made very complicated deals in very difficult places to work around the world. Here is what donald trump said about tillerson to Chris Wallace on fox news sunday. He is much more than a business executive. He is a world class player. To the great advantage he knows many of the players and knows them well. He does massive deals in russia. He does massive deal for the company, not for himself but for the company. Reporter possibly playing against tillerson, not necessarily will derail his confirmation but could create headwinds on capitol hill is his close relationship with russian president Vladmir Putin. They want to know how deep the ties go particularly the cia says that Russian Hackers were trying as hard as they could to get trump elected. Carly fiorina, a real foe of Donald Trumps during the primary campaign. Remember what donald trump said about her in that Rolling Stone magazine. Quote, he said, look at that face. Would anyone vote for that. Can you imagine that, the face of our next president . Well, she responded over the course of next couple months calling him a serial fill land derer, he does not represent me or my party and quote horrified about the prospect of him becoming president. Listen to how things change after a meeting with donald trump when Carly Fiorina came back down that golden elevator. Here is what she told us. First i have to say he has really cool stuff in his office. All these athletes have given him this incredible memorabilia. I was particularly taken by shaq oneills shoe which is huge. I guess it take as champion to know a champion. Reporter a lot of cool stuff in his office, she said. She also said that she was honored to meet with the president elect. Couple of other people who gone through trump tower today, West Virginia senator joe manchin. He is a top contender for energy. Cathy mcmorris rodgers, highest ranking woman in congress potentially up for interior secretary, a former commander of seal team 6 00, ryan zeintke could be up for interior and veterans affairs. David great to have a seal in the administration. John, thank you very much. Melissa. Melissa tony sayegh, and Julie Roginsky, former political advisor to senator frank lautenberg. Brad blakeman, former assistant to president george w. Bush. Ii want to jump to the tillerson thing. Brad, i want to get to you. People dont understand when youre in the oil business you have to do deals with people all around the world. You cant get hosed by them. You cant get played by people in russia. You have to be strong and have to get business done. Im not sure, theyre not friends. They have been on both sides of a deal and come away, you know, doing business again another day. We dont want that . Yeah we want that and heres why. We have an american businessman, one of the largest corporations in the world, playing for america. He is an american corporation. He is not only a businessman but he is a diplomat. You have to be a diplomat to work in 50 countries on six continents. The perfect marriage of state department if it is tillerson he will be secretary of state. Guess what, john bolton will be coo he will be running foggy bottom. Somebody knows that place better than anybody. Melissa julie i sense youre outraged, i can feel it, im anticipating it. It is there, my friend. Melissa so democrats are just going to get upset about almost everything. No. Melissa is this the one you want to spend it on . I do. Well there is a few. But this one offends me on personal level. Melissa how come. First and foremost, Vladmir Putin invaded crimea which belonged to ukraine, right. Melissa granted. We in turn put sanctions on him as a result. The europeans did as well. Rex tillerson said those sanctions should be annulled, those sanctions are not good because theyre not good for exxonmobil. Here is the bottom line, theyre good for america. How do you know he will take the same position as secretary of state no longer in interest the exxonmobil . I dont care. Bottom line if you have positions you believe in, that you think something is good for Exxonmobil Melissa he representing shareholders there. Now that is wrong. There are certain moral policies. If you want to represent shareholders great, but that disqualifies you from turning around saying well reimpose the sanctions. Donald trump also didnt think the sanctions were best in the world. No good. Come on. Melissa is julie falling into the trap, maybe Rex Tillerson is the one out there to distract everyone and well take him down and really going to put mitt romney in. Oh, god. To your point, it has not been announced. Melissa yeah. This is something sourced but not confirmed. To julies point as ceo you dont get to pick and choose how you treat your shareholders to do right by them. You have a fiduciary responsibility, you can go to jail. Hold on, your point is if youve been in the private sector in Publiclytraded Company you can not be in government. That is not what im saying. Essentially suggesting if you have done certain things that benefit your shareholders might go against policy of the country youre violating law. Melissa is this decoy, you think he is serious about Rex Tillerson . What do you think about julies point . Julie has a point but the point is brought to moot. Here is reason why, he had a representative business interest. Melissa right. He wasnt a government official. As a matter of fact, he had no policy that would affect his personal opinion as to sanctions on russia. The good news is, he has a personal relationship with one of our greatest adversaries. That is a positive thing but he will be fighting for us. Melissa give julie the last word. She is overflowing. Let me go step back here. What is good for exxonmobil is still good for Rex Tillersons bottom line because he bets tremendous amount of shares. They take away sanctions of the exxonmobil is able to go to shale and drill there. Rex tillerson becomes billionaire many times over. Donald trump sets policy. He does . Donald trump melissa all right. All right