Transcripts For FBC Countdown To The Closing Bell With Liz C

Transcripts For FBC Countdown To The Closing Bell With Liz Claman 20160331

Undecideds, are you listening . How close is isis to obtaining Nuclear Material for bombs, thats what World Leaders are talking about at the white house. Whats going on at president obamas fourth and final Nuclear Summit . Captain chuck nash on the isis threat, but also on the darker threat coming from a rogue nation in the east. March going out like a lamb on wall street, but the markets are on track to close out the month to the upside. Dow jones industrials falling 37 points before the markets shut the book on the First Quarter. Whats going to happen here . Guess what . Tomorrows allimportant march jobs report could change everything but could everything change in this hour. Suddenly have a little red on the screen, so lets start the countdown. Okay, hold on, hold on, and i say that because we were in the green earlier, but now with less than an hour to go. This is a close one, folks, the dow is up, we can tell you that for two months in a row, the s p and nasdaq are on track to snap a threemonth losing streak, i stress on track. The s p is down five points, slightly above the flat line for year to date. Were watching this second by second with 58 minutes to go. Heres what we can tell you, all 30 dow stocks are up for the month, though we see red on the screen right now. Heres what led march, chevron, apple and ibm, ibm is the top leader followed by American Express and walt disney. We see movement here, a mixed picture today but looking healthy for the month. On the final day of the First Quarter. Here are the numbers we need to close above, you can see 17,425, well above it now for the dow. Oil is up 14 in the month of march. Thats biggest gain in 11 months. Gold is the surprise of the year so far for 2016. Gold has seen biggest three month gain since 1990. So a very nice move for oil today, but even better for gold for the month. Two stocks hitting lifetime highs, mcdonalds and cocacola for the month, for mcd, the second record high in a row after the Worlds Largest restaurant chain would add 1500 outlets in china, hong kong and south korea in five years. Cocacola shares moving lower half a percent did hit a new high after susquehanna raised price target. Weve got it at 46. Susquehanna well behind here. We dont know what was said between donald trump and top officials as we showed donald trump leaving rnc headquarters. Waved to the cameras and does not leave a comment after leaving rnc headquarters in d. C. This as backlash continues to erupt over Donald Trumps comments on abortion. Hillary clinton quick to condemn trumps comments in a tweet first, but then today, just an hour or two ago, Ohio Governor john kasich aimed harsh words straight at donald trump. Appears as though when he does these events and people press him, he becomes unmoored, and then has to spend a lot of time trying to figure out how to correct all the mistakes that he made, and i have to tell you that as a commander in chief and leader of the free world, you dont get doovers. Liz with the latest campaign trail controversy focused on abortion, which currently is legal, are the real issues wisconsin voters care about taking a backseat . Two of the largest drivers of wisconsins economy, manufacturing and agriculture. Fox business blake burman has been speaking to farmers in wisconsin. Blake, dying to know the sentiment on the ground. Im sure they care less about the issue and more whats going on with economy, commodities and farming situation . Reporter thats exactly right, liz, and i should note were at the 56th annual wps farm show. This is an Agriculture Convention or summit i guess you could say for folks, were in oshkosh, eastern part of the state. Take a walk with me. This is the last couple hours of the convention here of this show, the crowds have thinned out. This has been packed throughout the day. Talking to a the love the folks here, many vendors, everything from financing to farming, whatever has to do with agriculture as we walk on through. Heres whats so interesting, liz, many of the people told us they are absolutely paying attention to what is going on in wisconsin with the race and whats going on nationally with the race as well. They tell us that they plan on voting on tuesday. Many of them who we spoke with, but a lot of them yet at least havent made up their mind, as we know. Wisconsin is an open primary which means that democrats could vote for republicans, vice versa, independents can vote as well, and what was interesting that i found is many people weve spoken with said theyre not sure on tuesday if theyre going to vote democrat or republican, forget the candidate, they dont know the side yet. Heres a little slice of folks we spoke with earlier today. A lot of confusion out there. Everyone is trying to make an educated decision. Theres a lot of misinformation, lot of confusing things going on and a little anger. Reporter do you know if youre going to vote democrat or republican tuesday . At this time, honestly, no. Reporter you could vote for anyone on either side . Yeah, i like points with all five of them. Still undecided. Strump a change, whether its a good change or not such a good change, im not sure, but its a change. Reporter to the trail real quick, as you mentioned, donald trump is in washington. He met with some of his top Security Experts earlier today and with Reince Priebus as well, the head of the rnc. Ted cruz is not in wisconsin, hell return tomorrow, he is well represented as scott walker is starting to cut tv ads for him. John kasich will return to wisconsin tomorrow as well. And liz, the number one issue for couple of the farmers we talked to here in wisconsin, they say immigration, and these candidates, their positions, how that might affect them potentially Going Forward . Liz im sure they use a lot of immigrants for crops, thats always been an issue in the state of california. Blake, thank you very much. Blake burman in oshkosh, wisconsin. So much more on the race for the white house. Chris hahn and Mercedes Schlapp joining us later in the broadcast. Heres what were going to get you, how the new york polls, the very latest new york polls are showing when it comes to the leaders on both sides of the aisle . Stay tuned for that. We have 53 minutes left to trade before the First Quarter, history books are slammed shut despite a rocky start to the year, the dow and s p are on track tend to the quarter in the green. Guess what . 52 minutes left. The s p is just barely above the flat line quarter to date. So were watching that closely. The nasdaq is negative, the dow is positive. Heading into the Second Quarter, do you see bubbles . Do our traders see bubbles . Traders at the New York Stock Exchange and cme group. Hi, john corpina and allen. Started off ugly and came out the beautiful swan at the moment, right . Absolutely, if we go back to the beginning of january and figured out where we were going to be today, considering everything thats transpired, we should be very happy where we are at this time. Liz you stuck with it, right . If you stuck with the trades or bought when it was tanking, the dow was down 2,000 points, and you really came out a winner, right . Right, and there was a lot of money on the sidelines at the end of the year, that was waiting to come back, if you waited long enough, not always going to pick the bottom, if you waited, you definitely caught up to prices youve been waiting for, for a while. This volatile quarter is something we havent experienced in a long time. Have to see where we are back right now. Ms. Yellens comments yesterday gave us clarity as to what the next two quarters might look like as far as Interest Rates are concerned, and interestingly enough, weve got a jampacked day tomorrow with a lot of economic data. The economic data, most importantly the economic number, is what the fed is going to look at in the next few months as to how theyre going to gauge what they do with Interest Rates. Liz janet yellen soothed jittery traders saying we wont be too aggressive in raising rates, but chicago fed said it could be pulled midjune. Didnt freak out markets too much, but do you see bubbles here, allen . Thats the question. Not at all. The price action such more important than what an individual says unless theyre janet herself. But you can see the markets been resilient, and weve got a big comeback and solid base built. Technically speaking, we get to 2100 in the s p one more time, you could see a 300point rally to 2400. We have the earnings coming out starting in the next week and a half to give us fundamental information to hang your hat on. Im looking for more upward movement. Its just the fact weve come up without any correction that is somewhat of a concern in the shortterm. Liz yeah, we had quite the correction in january. John, looking at, say, for example, the u. S. Dollar. Less interested in that and how it affected gold, gold having its best couple of months in 30 years . Thats unbelievable. Weve clearly seen the impact of the movement in the dollar and how that correlates to gold. Investors who moved away from gold for quite some time finally getting back into it. The safe haven feeling isnt there fully back yet but investors are feeling more comfortable getting back in gold considering the volatility in gold over the last year. Liz yeah, what i really wanted to see was quarter to date for gold. Its up about 16 . There you go, the better picture. Unbelievable. Great too see both of you, john corpina, and alan knuckman. Be sure to tune in tomorrow for mornings with maria. Why . Maria bartiromo will be all over the march jobs report. Its released at 8 30 a. M. Eastern. Jobs in america at 8 00 a. M. Eastern, need to you watch that, it could very well affect the markets as soon as that number comes out. And youve got to watch Anthony Scaramucci and Gary Kaminsky on legendary wall street week right here on fox business. Dow is down about 30 points. The closing bell about 48 1 2 minutes before we hear it ring. Touch and go here, guys. If the dow is down not such a big deal. The s p were watching to see how it closes out the quarter. The Nuclear Threat front and center, the president meeting with the chinese leader moments ago, captain chuck nash has the bigger Nuclear Threat to america. Youve got to hear what that is. And id love to know which one you fear more, is it isis . North korea . Tweet me if you really want to see what i was doing the last week in los angeles, follow me on twitter, i was standing by a very interesting character at a Los Angeles Kings game. Stay tuned, were coming right back. You both have a perfect driving record. Until one of you clips a food truck. Then your rates go through the roof. Perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Liberty mutual insurance. Who dont have access thto basic banking,on people but that is changing. At temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. Everywhere where theres a phone, you have a bank. Now a person is able to start a business, and employ somebody for the first time. The microsoft cloud helped us to bring banking to ten Million People in just two years. Its transforming our world. Youto get the help yourefar looking for. Thats why at xfinity were opening up more stores closer to you. Where you can use all of our latest products and technology. And find out how to get the most out of your service. So when you get home, all you have to do is enjoy it. Were doing everything we can to give you the best experience possible. Because we should fit into your life. Not the other way around. Shoshow me more like this. E. Show me previously watched. Whats recommended for me. X1 makes it easy to find what you love. Call or go online and switch to x1. Only with xfinity. Liz okay, weve got it, we have breaking news, donald trump as you see right here, just left the rnc headquarters. He has now taken to twitter to comment on the meeting he had with Reince Priebus. He said reince will be on Greta Van Susterens show on fox news tonight. Check that out. In the meantime, there is a new twist to tuesdays egyptair hijacking. New video emerged of saif eldin mustafa. Heres the video. It depicts relaxed atmosphere. This bothered some people because they said this was a disgrace when british citizen ben ennis walked up to pose with a photo with the hijacker. Guess what . As the selfie pictures emerged. The crew also took the photos in order to relay the appearance of the hijacker to authorities. So they kept the hijacker calm, said lets take photographs, calm you down, in essence they wanted to make sure this guy, that they have photographic evidence of exactly who he was. Moments ago, president obama wrapped up that bilateral meeting with xi jinping, part of the second day of talk of president obamas fourth and final Nuclear Summit as fears of Nuclear Terrorism are on the rise, and the concern that the Islamic State could get its hands on Nuclear Weapons or Nuclear Material to build some sort of dirty bomb. How does this change our approach to fighting the terrorist group . Joining me fox news military analyst and retired u. S. Navy captain, chuck nash. Captain nash, whose side are the chinese on . I think theyre on their own side. They dont want islamists to get any kind of Nuclear Device because theyre dealing with the problem in the western part of their own country, with the uighurs, we had folks locked up in gitmo about two weeks ago. Liz can you tell our viewers what uighurs are . Yes, they are muslims that live in the western part of china up against where afghanistan connects to the chinese border, its out in that area there. And they have been a problem inside china, the chinese consider them a terrorist group. Theyve staged raids and other bombings and things like that so the Chinese Government has zero tolerance for these folks. Liz good to clarify, because we never know what the chinese are thinking. Lets get to isis, to muslim extremists, and about a year ago Moldovan Police stopped four attempts by russian smugglers to sell Nuclear Material to extremists in the middle east. On that video that you see, they specifically told undercover agents, well sell to muslims because they want to kill americans. How close is isis to getting its hand on Nuclear Weaponry or material . Very close to getting their hands on Nuclear Material because there is so much of it out there. Tens of thousands of sources in 100 countries plus, and all you have to do is go certain industrial sites or medical facilities where you have radiological equipment, and can you get ahold of it. In brazil, four people died from seizium salt taken out of a medical device, that was a year ago. That stuff is out there, simply a matter of time, liz, and thats why the pressure is on all of the intelligence communities and why all of these intelligence communities need to talk with each other and share that information back and forth, just like its happened in moldova. Liz well, you could then leapfrog from isis and the material and the possibility to north korea. Theyve had surprise launches. They claim they are hydrogen bombs, thats all questionable. But they clearly have some type of capability. Who is more worrisome to you . The North Koreans or isis . Good question. The North Koreans are on a dedicated path to developing Intercontinental Ballistic Missiles with nuclear warheads, that is scary, especially for a nut job regime as the North Koreans are. But theyre somewhat reasonable and theyre somewhat rational in that they know if they were to ever do something or start a war with the south, they would be annihilated very quickly. Isis, on the other hand, is a group that is trying bring about the end of days, so they dont care. Deterrence does not work with a group like that. Deterrence may not work with iran, depending on, you know, how radical they get. And were having a hard time trying to figure out are they rational or irrational . And i could argue both sides of that equation. So its better to deal with a rational enemy than it is an enemy that believes that their destiny is to bring about the end of days. Liz that brings us to putin. You could argue hes the most rational of all of them at this point. Hes saying and the kremlin is saying there was no deal with the United States as secretary kerry mentioned earlier, that perhaps assad would step down out of syrian leadership. What now . How does that impact relations with russia Going Forward . Well, this is not the first time that the state department has said one thing and then the people from the other side of the table went what . No, that never happened. So it really gets confusing on who to believe. I would like to automatically believe our own side, but sometime i think they hear the rhetoric and because theyve said it, believe it to be so and therefore it is, maybe it isnt. As far as dealing with the russians Going Forward, they are hard bargainers, they are really tough, they always have been, and you have to be able to be willing to walk from the table jus

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