Usmca and the future of european trade from the inside, we are going to talk all about the trade policy with Robert Lighthizer coming up this morning, dont miss this exclusive interview coming up, mornings with maria begins right now. Maria big show this morning, Divine Capital ceo and founder danielle hughes, fox news Dagen Mcdowell and nfl player jack brewerrer. Dagen great to see you, get to it, we have so much to talk about. Maria this has implications beyond boeing, suspending production after two deadly crashes involving that jet, aircraft has been grounded globally since march, the company saying this in a statement, we believe its least disruptive and supply chain health, we will continue to assess our proprogress to return to Service Milestones and make determinations about resuming production and deliveries accordingly, boeing has said that the announcement will not affect employees and will not see any layoffs happening; thats the good news, they wanted to have this plane back up in the air by the end of this year. Dagen this is a basic supply and demand issue because they have been manufacturing, assembling 40 planes per month since the max was grounded using 11,000 workers at Assembly Plant in washington, issue of getting it back in the skies and working off some of the inventory, its not a disaster given that boeing made it clear they are not laying workers off. They are our biggest exporter, boeing is massive part of the economy, they represent 11 of the dow on a waited basis and i think we are going to see this reburberate. So thats right, chinas global air face has about 20 of the planes, so they are grounding all of those, they are not ordering anymore. They have a lot of them shuttered and you will see planes flying the planes will be ground. Dagen theyve been grounded, thats my point, they have been on the ground all year for the most part. I think the longterm effect to the brain is what you think about money amount, thats a big backlog and i think for the future of boeing, if youre going in and making a decision boeing and air bus i think longterm that could play into effect. Maria yeah the market share creeps, when you start going to other jet makers, these are longterm contracts. Thats right. Maria china has been trying to take out market that boeing has, they are not where boeing but they will create their own jets and have substantial business at some point. Thats right, i think we will see that Going Forward and china is going to take a much larger bite out of this market. Maria stock is down 1 and a half percent this morning, rest of the market has been up. Even though we are seeing a pullback this morning, the dow tenth thousand point since President Trump election victory 3 years ago, dow industrials in alltime high of 28,235 with gain of 100 points. Nasdaq was up 79 points yesterday, pullback today but you have to call this incredible year in terms of investing. Its been a massive year, i think when you look at the segments of the markets, the ones that theyre all pretty much up, energy is down, energy has not been doing as well but its been a tremendous meltup. I think people are calling for a healthup now. Maria bank of america are expecting a meltup and they put a number on it, a gain of more than 5 by march third. Dagen we also saw a new record high, the first for the stock, europe 600 in more than 40 years, it wasnt just the United States, but also europe, the top story in the wall street journal this morning, Global Economy show signs of regain footing, not just the United States but you had numbers out of china yesterday morning from industrial output and retail sales and then there was ihs market purchasing managers index, more optimistic purchasing managers are about Economic Activity that was the highest level in 5 months, theres again, thats what we are looking for in terms of trade disputes, getting resolved; purchasing managers, are companies more optimistic and will stay start spending and pick up where the consumer has really lead to the United States. Maria even more, they came out with the report that pmis were bottoming out, we would see upswing and seems that they are right in terms of what we should expect in 2020, President Trump needs a Strong Economy this Election Year thats for sure. This is unbelievable, sometimes you have to think a step back that you were going against china in trade war and we have gained 10,000 points, i mean, its really unbelievable and i think its a credit to President Trump. I think his positivity in the way that he talks about our economy despite all the criticism that he gets, he keeps the investors having confidence and our consumer helping the Global Economy and thats really a credit. Maria theres a reason that the democrats do not want to even talk about unemployment, 50year low, economy thats doing well and trying to take the oxygen out of the room with impeachment. She held a heated town hall in michigan district, look what happened. How can you overturn the will of 53 million voters in do in 2016 . The facts came out that the president was reaching out and seeking to influence that very election that i was counting on to have a democratic process in. Maria i thought for sure it was going to be a no but not so, shes been on the show talking positively about jobs and the what President Trump is doing, we have been talking about those 31 democrats up for reelection in the districts that President Trump won and vote for impeachment could have a major sway, dagen, Impeachment Vote is expected tomorrow night in washington. Dagen at least 17 of those 31 democrats have come out in favor of impeachment. They will support the articles of impeachment against President Trump, this is according to this was by yesterday afternoon according to the wall street journal, but youre already seeing whats happening, you see well, number one, the real clear politics average on whether you favor impeachment or not, average of polls is now under water as of yesterday, that, yes, on support of impeachment at 46 and a half percent, 47. 4 is a no on it, so it is moving against the democrats and Chuck Schumer came out yesterday and is demanding you will hear from four witnesses including Mick Mulvaney and john bolton and the senate trial, of course, Chuck Schumer calling witnesses political theater during impeachment of president clinton in 1999, voted against witness testimony, but this to me says nancy pelosi and adam schiff and jerry nadler have not done their job, they are rushing this through, if you need to hear from the witnesses, why didnt nancy pelosi wait and called them and go to court in the fashion that would suggest it was a fair process in the house, itll be very interesting to see how this goes because, again, if you potentially, you could have to vote on the Senate Whether witnesses are called and you would have to have a majority vote, this could be a disaster for the democrats. Maria im waiting for result against the democrats, by the people because this has been literally 3 and a half years of nonstop resist, we started off with this crazy ridiculous collusion narrative for 2 and a half years where people like adam schiff were saying, collusion is in plain sight, then you move onto Brett Kavanaugh and the pushback that hes gotten and all of the judge where is the federal level and Supreme Court and then ukraine, now impeachment, i mean, this you know, and be the way, all the while hes coming out with policies on Foreign Policy on Economic Policy and actually moving the needle in a positive way for americans, so as this impeachment heats up, look at this polling from usa today, President Trumps support remains strong in head to head matchup the president beats former Vice President by 3 points and Elizabeth Warren and Michael Bloomberg by 9 points and this goes back to the president s policy. Policy over personality. Dagen you have to give me credit for saying that because im the one that i coined the phrase. You know what you did coin the phrasing you told me 16 times. Theres more people that want President Trump not to be impeached than actually like him, if you poll some people they will not tell you that theyre voting for President Trump, so those poll numbers are off, im telling you he will win by landslide if he continues this. Maria i think youre right. Dagen if you look at the number on just republican that is support impeachment its below, i checked it this morning, 8. 6 of republicans support impeachment and, of course, but this is a narrative thats been pushed by the democrats even before the trump was got the republican nomination. Maria yeah. Dagen headlines in newspapers in early 2016 about how are we going to impeach this guy simply because they dont like him. Yeah, yeah. The media has been right there as arm of the Democratic Party, good oped, obamas fbi and the press, joining me at 8 30 this morning, u. S. Trade representative Robert Lighthizer and the phase 1 deal with china, dont miss that, we will go through the details of usmca and why it has gotten the the support that it has. So join us for that interview coming up at 8 30, deadly Winter Weather on the way, tornadoes on the south pushing heavy snowstorm oh up the east, full forecast after the break, changes in instagram makes it harder to post rude comments in use of ai. Back in a minute. You dont use this old thing, do you . No or how bout this dinosaur right here . Nope then why are you still using a laser printer . Its got expensive toner cartridges. But this. Is the Epson Ecotank color printer. No more expensive cartridges big ink tanks. Lots of ink. If you dont think this printers right for you, just pick up your phone. chuckling . And give me a call. The Epson Ecotank. 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Maria welcome back, good morning to extreme weather turning deadly in the south, dozens of tornadoes tearing through louisiana leaving at least 3 people dead, bricks ripped from the side of local church, it was quite extraordinary, First Responders working through the night to remove fallen trees as well, then over in mississippi, heavy winds, damaged homes, overturned cars, National Weather service touring the area today. Northeast is bracing for snow, rain and ice for morning commute. Lets get right to details, janice dean in the Weather Center tracking it all. Janice good morning, its going to be a tough ride, commute for millions of hope across the eastern sea board, colder air filtering in from canada bringing some of the coldest air in the season as we head in next couple of days, tornado outbreak, over two dozen reports of tornadoes over parts of gulf coast and southeast, we did have a tornadowarned storm, it has been lifted, thats the good news, we have threat as we go through the next several hours, the wintery side of this, accumulating ice over parts of hudson valley, up state new york, pennsylvania, new england, theres the radar, you can see light rain in new york but we are right on the freezing rain. We have freezing rain in hartford, connecticut, snow in boston, will cause travel delays, crippling travel across the roadways, we have the ice, accumulating ice over areas and the north of that thats where we have the snow, behind it, again, very cold air being filtered in on thursday and friday for parts of northeast and the ohio valley into the midwest, so bottom line is, maria, listen to your local officials, theres going to be School Cancellations and certainly travel delays and cancellations as well across portions to have northeast and prayers of on those affected by the tornadoes. Maria conservative views shut down on the view, watch this. Girl, please stop talking, please top stalking talking right now. I wont walk in the show. Maria Whoopi Goldberg and megan mccains blow outgoes viral. Details coming up. Beyond the routine checkups. Beyond the notsoroutine cases. Comcast business is helping doctors provide care in whole new ways. All working with a new generation of technologies powered by our gigspeed network. Because beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected. To do the extraordinary. Take your business beyond. Maria welcome back markets hitting record territory again yesterday, optimism over trade boosting all major averages with dow industrials gaining the 10,000th point since President Trump east election victory 3 years ago, the president weighed in on the markets yesterday. Weve had a very big day in the stock market today as you know, 133 days where we set a new record and thats fantastic, our jobs numbers have come in fantastically well, really well. Maria market milestones are amazing comes on the heels of u. S. China trade agreement reached last week and usmca deal as well coming to the floor for a vote tomorrow in washington. Joining us right now chief executive strategist, when you see a market like this, 1,000 point since President Trump was elected, do you want to buy into it or do you get worried about valuations . The market has been inflated on the valuation side largely because of the federal reserve, if you go back and look at the chart, it really took off when mr. Powell pivoted back in october and injected more Balance Sheet into the economy, and the same thing happened back in quarter of 2016, chair yellen pivoted and this is really the fed and some relief on the trade front, of course. Maria you have alternative, right, when you have higher rates theres somewhere else to go and when you have robo tom rock bottom rates, you have companies that will pay a dividend. In fact, earnings had been big driver and, of course, now that you have very easy Monetary Policy price to ratios going up dramatically. Inversed yield pretty recently and then we uninversed, do you see that happening again and why do you think that happened, was is it that theres impending recession or do you see other reasons . If you look at big western countries excluding the u. S. , their shortterm rate is zero and the fed took rates to 2. 4 which is ridiculous and it was too tight and the short and by inverting the curve they had taken the short rate too much, theres always demand for u. S. Paper and theyve had to uninvert it but we look at the curve on a smooth basis, 50day moving average, the 20th of june, 10 and a half month, plus for months, so the fed really took it to the limit, they backed off, the markets rallied since and right when they did that we rotated being from being defensive and so onto cyclical,. Dagen would you stay in the sectors . Yeah, i think they are good. They typically are a seasonal trade as well, october to april. Thats sort of the timeline of when we think we are in the clear in the economy so having been one year prior to october in the defensive space we are going to be at least 6 to 7 months in the cyclical. Dagen u. S. Treasuries have not done that well. Thats right. Maria how about european markets, they are hitting alltime highs as well, investors optimism after clarity of brexit issue and still the growth story is a challenge, right, in europe although markets are up, look at the ftse been up since the election. The british have saw Materials Companies around the world, when you put europe altogether its a value play because they overweight financials in nontechnology, nongrowth industries so emerging markets in europe look like they would perform well in this kind of value trade particularly if the dollar has come back and we have been focused heavily on currency. Maria are you expecting the expansion to continue, longest economic expansion on record, 10 years plus with no inflation, record low Interest Rates, what are your expectations for 2020 . You could argue that q116 was the closest we got to recession, janet yellen had overtightened first 2 and a half years in office, she overtightened, and essentially what happened is production went to minus 4 year over year, thats a huge drop. If you had deindustrialized the United States, only 11 of the economy, industrial production, theres less volatility to the