editorial report. we hook ahead to 2024 and a new set of challenges and opportunities for the country. i m edward lawrence in this week for paul gigot, and we begin with the u.s. economy which defied expectations in 2023 as inflation fell and recession fierce faded. now the santa claus rally in the stock market giving us another record close this week for the dow jones industrial average and the federal reserve signal rate hikes are done and cuts could be in store for 2024. let s bring in jason trennert, he s the chairman and ceo of strategists and investment strategy firm. jason, let s start overall here, we get this. you know, overall we get some the contrarians won in 2023. so people were projecting the most predictive recession in history, and it didn t happen. so is the recession then off the table for 2024? edward, it probably is. i will say that the recession didn t happen in 2023 partly because we ran a budget deficit of close to 6% of gdp, $2 trillion at full em
also tonight, a trump court victory keeping him on michigan s primary ballot. we have breaking news on a similar case, a trump defeat in colorado. later, the remarkable story of how to maine s fishing day ended with him saving another man s life. a man trapped and lost to the world for nearly a week inside a wrecked truck with deadly weather closing in. good afternoon everyone, john berman here in for anderson. what christmas break? that s what that republican presidential candidates must be asking. tonight there is virtually no time left before the first contest. and happening now, live pictures of former south carolina governor nikki haley. she s in the middle of an event and new hampshire. she s armed with the governor s endorsement there, a fresh infusion of cash, and possibly she hopes, at least, one of the most precious commodities and politics. momentum. now it is a relative term with donald trump lumen over everything. but momentum nonetheless. especially with the ne
massive caravan fuelling. all mayors agree on one thing. the federal government needs to stop dithering. coming up, we ll hear from a texas republican, tony gonzalez, who says there s one simple thing we can be doing right now. welcome, i m edward lawrence in for neil cavuto. this is your world. the congressman coming up. first to nate foy on the growing crisis. nate? a caravan with an estimated 8,000 migrants is making its way to our southern border right now. sanctuary city mayors are again asking president joe biden to do more to help them. states across the entire country deal with this crisis. texas governor greg abbott continues bussing and now flying migrants to sanctuary cities. only a fraction of what texas and other border states deal with. take a look at this. the southern border is on pace for the most migrant encounters ever in a single month with 250,000 so far in december alone. that includes over 35,000 during the four-day christmas weekend. now new york c
blocked from the ballot, we re waiting for a move from a trump campaign. now that maine is joining colorado and keeping former presidents name off of its primary ballot. as we engage in this process, what is important is the meaning of the constitution, the facts before us, and that interpretation. there can be no other consideration. however, california decided it would allow trump to stay on the ballot there. with an election year fast approaching, what does this all mean for his campaign. plus, a showdown growing in texas. the justice department threatening to sue texas if it enforces a new state law that allows police there to arrest migrants who crossed the border without authorization. we will tell you how governor greg abbott is responding to that. counting down, new york city around the world are putting the final touches on the new year s eve celebrations. security remains a big concern. live report on how the city is preparing. and, it was a banner year for wo
to meet with the mexican president. will a new plan emerge to stop the unprecedented number of illegal border crossings. plus a new survey shows voters associate donald trump with words like revenge and dictatorship. and the gop front runner seems to be bragging about it. it s time to say good-bye to 2023. we have a countdown of tbiggest political stories of the year. i m phil mattingly. let s go behind the headlines and inside politics. at this hour, secretary of state antony blinken and the secretary of homeland security are meeting with the mexican president about the crisis along the southern border. the goal, convince him to action to stop migrants before they reach u.s. territory. cnn s priscilla alvarez leads us off from the white house today. what does the administration hope to get out of this trip from a policy perspective? reporter: simply put, they want help to drive down the number of border crossings. that officials have been seeing creep up over the l