United nations. Good morning, everyone, im eric shawn. This is americas newsroom. Heather im heather childers. Thanks for joining us. Bill and martha obviously out today. Who is in today, nikki haley. Fox news confirms she confirmed offer as u. N. Ambassador. Hailey no fan of trump during the election backing marco rubio and ted cruz during the holidays. Dr. Ben carson confirming he has been asked to serve as secretary of housing and urban development. Mr. Trump sat down with the New York Times yesterday discussing everything from Hillary Clinton to possible action on climate change. Peter doocy in palm beach, florida, where mr. Trump went off to maralago for the holiday. Nikki haley as United Nations ambassador. What do you know about the relationship with her . Reporter we know a lot more. The president elect gave a statement in part Governor Haley has a proven track record to bring people together to move critical policies forward for the betterment of her state and our country. She
Casting doubt over president obamas isis strategy. The head of kurdish intelligence estimating that isis brings in 6 million a day. That puts the groups annual revenue more than 2 billion, dwarfing the income of other terrorist heavyweights. Here to discuss it all our very own charlie gasparino, dan schaefer of schaefer assess management. Marshall auerbach, institute for economic they having. Were focused on money because that is the name of this program but also what distinguishes this particular group. They have so much more money compared to hezbollah. They control the oil fields. Thats why. You have control of oil fields, even if you melissa huge discount on black market. Free cash flow for them. So it is an easy win for them. What was behind al qaedas success, you know, alarming, trs being financed by usama bin ladens Family Wealth and other wealthy people. Melissa thats a great point. So so decouple terrorism from financing and from money melissa you cant. They need money. One in
Stuart well, look at this, stocks up, despite what is happening overseas. Will this hold . As a tense, weekend begins. Look at the s p 500, that is a Broader Market average. It too slightly higher this morning. Look at gold. Where are we in times of crisis with the price of gold . Right now, were above 1300 an ounce, basically flat on the day so far. Here is the key indicator today. It is the yield or the interest rafted on the 10year treasury. When you get money moving into government bonds. That is called a flight to safety. Thats what wee got. Were at 2. 37 . What is it three weeks ago . We were 2. 6 . That is a flight to safety. By the way at one stage investors had to pay the German Government to take their money. Called a negative interest rate. It happened. Briefly. I want to give you details what is going on overseas. The pentagon confirming, airstrikes in iraq. Two f11s launched from Aircraft Carrier in the persian gulf. The uss george h. W. Bush. That was the name of carrier.
At nearly 63 a barrel. The decline is hitting the Energy Sector hard with more than a third of the s p hitting 52week lows. The here to discuss all of it, Charlie Gasparino. Matt welch, cohost of the independents. Also the editorinchief of reason magazine. Charlie, what do you think . Down more even as were talking. Last six years rich people have done very well under president obama. Melissa thats right. They were able to benefit off the multiple qes. The average person got screwed. Now kind of an interesting juxtaposition. The average person is doing pretty well now. Why is that . The economy is getting better. Not just that, when gas prices go down and oil prices go down that is tax cut to the working class. I think thats a good thing long term for this economy. I think fact inflation is low, average people have more money their pocket may not be good for markets but good for the economy. Melissa vix having biggest gain in two months. Very ron so . People worried about the political
Poll a majority of americans are feeling good about 2014 but what economic threats are on the horizon for the new year . Lets bring in todays panel. Pete hegseth concerned veterans of america and fox news contributor, jack hough from barons and simon constable from the wall street journal. Pete start with you, was this a good year for your family . 67 said yes and highest number going back since 2009. It is good to hear. But surprising as supposed recovery has not hit middle america. Interest rates have to go up at some point. The economy is addicted to them. Debt ceiling fight in march. Where will that go with emboldened conference. Adam i tell you where it will go . Jack we have the debt ceiling problem in march. Oil will go up eventually in price. Could it happen before march . Oil could go back up. I dont think it will go anywhere near where its with. This many looking fed rate hike will be less of a exciting event than investors think. Adam could be a minimal hike even if they do