That, 10 00 eastern, nancy pelosi will try to upstage the president. He will hold a News Conference to announce who will manage the impeachment drive when the senate trial begins next week. There is some gamesmanship involved, the speakers announcement is time to upstage the big event of the day, the trade deal signing. Nancy pelosi wants to keep the focus on the president s troubles, not the president s triumph. The market opens half an hour from now, no fireworks expected, the Earnings Report from big banks largely solid, no big surprises. The dow is going to be down 70. The s p seven, nasdaq down maybe 11. The stock price of target premarket way down. Disappointing holiday sales, stock is down seven but please remember target stock is up 94 last year, almost doubled so even a minor slip is enough to pull it down and that is what we are seeing now. He will be a rock n roll liveaction show and wait until you hear what the democrats said at the debate and what the president said. We havent sidebyside for you. Varney and company starts right now. We are going to be up against a republican incumbent who has cut healthcare for millions of people. Liberal lawmakers pushing a government takeover of healthcare that would strip 180 million americans of their private health insurance. My democratic socialism says healthcare is a human right. Leftwing politicians, i call them the donothing democrats. We can overcome four years of donald trump but eight years of donald trump will be an absolute disaster and fundamentally change this nation. With your help, your devotion and your drive we are going to keep on working. We are going to keep on fighting and we are going to keep on winning. Stuart we cut him off, i think he said winning and winning and winning. We cut him off early. What a night it was, the democrats in the president competing screams, market watchers david vinson is with us. I did not listen but i watched the reruns, highlights, not a word from the democrats about Economic Growth, not a word. They pivoted to foreignpolicy a lot more last night probably understandable in the wake of the iran they have not been talking foreignpolicy at all. Economic growth is nice when you dont talk about it. When i hear candidates talk about Economic Growth there message particularly the Warren Sanders wing is so incredibly detrimental to us Economic Growth, how badly they would hurt the middle class. Stuart you wrote a book about Elizabeth Warren and last night we heard a lot about her giveaway plans including counseling student debt, the taxpayers expense, i put it to you she is fading in the polls, Bernie Sanders is making the run now. Is Elizabeth Warren fading showing americans rejecting her socialist message but clearly it is not because the numbers are going to bernie. They are not trading one socialist for another, it is very fluid. I dont want to write her out completely. He needs to come out first or second in iowa and new hampshire, she has a chance to do that. They have plenty of money to go the distance but ultimately i am more concerned about the message. Elizabeth warren, attacking her as a person, it is the ideas had her attack on the Aspirational Society i am so concerned about. That message has gotten currency in the Democratic Party and she brought the whole center of gravity to the left. Stuart i dont see any of the four leading candidates beating donald trump no matter what the polls say from november, they lose. You know youre my friend and i respect you but that is what im concerned about, so many in outside might fall into complacency or apathy. I think ill four of them could beat donald trump. Im not saying any of them will this is going to be a close election, the margins are so tight in the states that will make the difference. I dont want to take anything from this. Stuart no complacency, hours from now donald trump signs the china trade deal. I want to bring in Edward Lawrence. You have the numbers on what china is going to buy from us . Youve got those numbers. What they are going to buy from the United States is in the annex that will not be made public. Very big numbers, 40 billion in services, 50 billion in agriculture according to the administration, china says they commit to 40 billion, 50 billion in energy, 75 billion, 80 billion in manufacturing, depending what you believe the chinese sources of the administration, 220 billion, huge numbers in the shortterm. In the longterm the administration is saying protections on intellectual property as well as allowing companies to be 100 owned inside china will make a big difference going forward. Stuart thank you very much. Live look at the white house, a few hours from now the phase i trade deal will be signed. Lets bring in gordon chang, the treasury secretary is calling this a hit strike deal. You agree . I certainly do. What donald trump is doing is ditching four decades of failed trade policy with china. He is going to manage trade. Those are targets, maybe even legal commitments. We dont know what the formal wording of the agreement is. Free traders hate this but weve got to remember china is itself moving towards more of a state dominated economy, more state involvement and so if you are going to have a good trade relationship with china it has to be managed trade and i think trump has the right idea. Stuart what about the cybersecurity rules . That is off the table. Steve mnuchin just gave an impromptu press conference on treasury grounds an hour ago and he said the Cyber Security rules would be deferred to phase two. Chinas new cyberrules allow china to take all the data, all the communications in their networks in china, turnover Encryption Keys to the chinese which means with the chinese have those inclusion keys and once they are in the China Networks they can go through worldwide networks, gives them the ability, better ability to do that which means they can take these companies down. They did this with canadas networks which went bankrupt. They can do this to other companies if they can rummage inside the networks. Stuart that is not sold, it is still pending down the road. Appreciate it. The ukrainian jet, new information, the one that crashed in tehran, new video shows two iranian missiles hit the jet. Ashley Security Camera footage shows two missiles, one, shortly after the plane took off, they got to 8000 feet and another missile, 30 seconds later. If you look at that and see the spot shadowed missile, what it actually shows is the plane did not immediately go down after being hit by the missiles. The new video shows are on fire, tried to circle back to the airport and there is a loud explosion and the plane comes down where it was. This has been suspected from the beginning, iran for the first three days said no and now they are investigating, several people arrested. That shows you what happened. They fought of the Cruise Missile fired by the us, that makes no sense, the same as operating normally, this plane was taking off a 2000 feet. Had no signature of a missile but human error says iran but terrorist circumstances. Stuart it is going to be a big day for the trade signing but not necessarily affecting the stock market directly. We will open lower pretty much across the board but not a major selloff. You are about to see political gamesmanship, donald trump signing the china trade deal. Nancy pelosi making an announcement on impeachment trying to upstage the president may be. Heres the one moment that stood out in the debate last night. Elizabeth warrens refusal to shake Bernie Sanderss hand. Maybe the gloves coming off, there was no handshake. The president holding a rally in wisconsin last night. Pete hegseth and brian brennanberg at a diner talking to donors. We are just getting started. Rd. Oh yeah, rd. We gotta take off. You downloaded the Td Ameritrade mobile app so you can quickly check the markets . Yeah, actually im taking one last look at my dashboard before we board. Excellent. And you have thinkorswim mobile so i can finish analyzing the risk on this position. You two are all set. Have a great flight. Thanks. Well see ya. Ah, theyre getting so smart. Choose the app that fits your investing style. As we begin the year wages are rising, poverty is plummeting, crime is falling and america is the envy of the entire world. And then our opponents say we are not going to win, lets impeach donald trump. The greatest economy in our history, our military has been totally rebuilt, lets impeach him. Stuart he puts on a good show, donald trump in milwaukee counting the economy at the same time democrats take the debate stage in des moines iowa. Pete hegseth and brianbremberg, what are they saying this morning . That is who we are talking to. It has been a great conversation. The hard thing when you ask these questions and have great food in front of you is can you stay focused or do you just want to eat . What a contrast between what you saw in do morning with democrats talking how much free stuff they can get away at this great crowd in wyoming, minnesota, our hometown, if we make, we bring some of that in right now. We have the mayor of wyoming, thank you for being here. You are concerned about the economy, jobs, what do you make of the economy that donald trump has given us . Of our economy is thriving and that has been great for our manufacturers in the city of wyoming but they cant expand because we cannot find enough employees to fill those jobs. Reporter in this economy one of the biggest problems is so many Jobs Available and getting the right people in those jobs. Theres a chance you have candidates like Bernie Sanders and Elizabeth Warren, very different economic policies, what would that mean to be economy, industries and jobs that sustain a small town like wyoming, minnesota . They want to give everybody something for free, somebody has to pay for and that means we have to pay for it and taxes go up, that goes onto manufacturing as well and will probably kill the growth we are in right now. Reporter the message of free free free doesnt sell in small town america. Matt is a friend of mine, full disclosure. You watch the democrats last night versus the Donald Trumps rally. If youre trying to make a choice what do you see . What we mentioned earlier. Im a big believer in the American People and if you give the money to the American People they will make the right decisions as far as the economy and business goes let the people that are starting putting their lives on the line, putting everybody families on the line let them control their own destiny and their own money. I dont see that from the democratic platform and i have seen it from donald trump. Not a lot of love for socialism here in wyoming, minnesota. Stuart music to my ears. Even in minnesota. Hold on a second. I want to throw to the soundbite, democrats bashing the trump economy. Role that tape. Whoever will defeat donald trump has to beat him on the economy. I have the experience and expertise to show that he is a fake and a fraud. Im ready to take on this president on the economy because i am from the exact kind of industrial Midwestern Community he pretends to speak to and has proven to turn his back on. Where i come from the neighbors i come from are in real trouble. Workingclass people and middleclass people. We have farmers in iowa who are hurting and they are hurting because of Donald Trumps initiated trade wars. Stuart what to do good people in minnesota think of that . I think they would hear that and say that is a bunch of bunk. We are talking low unemployment, wages growing up, lisas point, so many Jobs Available, how do you get people into those jobs, democrats will have a hard time making that case when we have the economy we have. Or you might say it is a bunch of malarkey. What you didnt hear there was any evidence, they didnt point to assist a stick or reality but the economy is not working for people. I want to make it better yet you hear evidence that says my industry is booming, we are hiring people, cant find enough people to hire and things like manufacturing, you need a magic want, magically appearing back here and we are hearing from wyoming, dont count minnesota out in november of 2020. Theres a lot of energy here. Stuart how come you guys grew up together . I didnt know that. We grew up across the street from each other, two houses down. We were filming yesterday, fox and friends this weekend and on the map brian moved to wyoming which felt like a world away but was only four miles. Stuart i feel differently about minnesota already. Thanks for joining us and a big hello to the guests you have got in the diner. Thanks. Stuart i am going to get back to your money. Have to do that. Apple, donald trump not happy with them because they are not unlocking the phones incremental investigations. He tweeted about this but went back on the stock, 311 a share. Google, we are on the lookout for the trillion dollar market value. It is not quite there yet. It has to go to 1450, 1429 premarket. Overall a slight downside move for the market, i dont think the signing of the china trade deal will have much impact, we are up 60 on the dow. The signing of the phase i china trade deal happens in two hours. Montana senator steve gaines will be there but he will talk to us about this Historic Deal and historic day and another trade deal coming down the pipe, us mca. Itll ruin your house. So get allstate and be better protected from mayhem, like meow. I waited to get treated. Thought surgery was my only option. But then i found out about nonsurgical treatments. It was a total game changer. Learn more about the condition at factsonhand. Com there has in misreporting about side agreements. There are no side agreements. The only way the president will reduce the tariffs is if there is a phase two part of the agreement that is fully enforceable. Stuart there was Steve Mnuchin last night. The gentleman on the right is a republican from montana who is on the Senate Us China working group. You went to china frequently discussing this trade deal. It was two years, very intense negotiations. Was there ever a time you thought it would never happen . Once upon a time i lived at Procter Gamble building, selling american brands. I have a lot of experience working in china. It is important to step back and take the 30 foot view for a moment. What this president has done, the last hundred days has addressed the four largest trading partners we have with the United States, mexico, canada, china and japan. Lets not forget in october we had a huge trade deal signed was to pay lowering tariffs, Getting Better access, agriculture, we will be at the white house in two hours in this historic phase i china deal and tomorrow morning god willing nancy pelosi gets away with impeachment we will pass the usmexico china mexico canada trade agreement. Those four countries represent over 2 trillion of trade in goods and services. I applaud the president , his perseverance protecting American Intellectual property with china as well as providing access to 40 billion for us agriculture. That is the second largest export market in the world in china. The producers in montana are happy. Stuart nancy pelosi will try to upstage you have an hour from now, names the managers of the impeachment drive in the senate. You ready to be upstaged . Good luck with that. The americans who are working hard every day now this economy is booming. When you think about 90 of the worlds consumers live outside the United States these trade deals are very important. I applaud the president and his team, they have focused on the four largest countries in stack rank border with mexico, canada, china and japan and in 100 days executed trade agreement, this is a really good thing for our country and the future of our prosperity in our nation. Stuart we will be looking for you later in the white house because you are attending the ceremony. Thanks for joining us, see you again soon. Michael bloomberg was not on the debate stage but is spending a ton of money to take out donald trump from the white house. Ashley he was on the late show last night so got into all sorts of issues that made the point i only have one donor for my campaign and that is myself so he was asked how much of you kicked in so far . Listen to the soundbite. How much of you spent so far running for president . We have to report in a while but it would be a couple hundred Million Dollars. But that is my investment in trying to get rid of donald trump and get a decent president. Makes it sound like it changed ashley although he has not campaigned in the first four states that go to voting he has been to 20 states in 40 cities and spent a ton of money on Television Ads and what have you around the country so we will see. Stuart can you buy your way into the democrat nomination . He has the money to do it . Ashley we will find out. He came in late, but we will see. He could emerge. At this point he will have to pull off something he has never done before. He is expected to spend 200 million until march and if you compare, that means what Barack ObamasCampaign Spending 2012 on his president ial reelection. Were amended is the richest in new york state, the wealthiest in the country. Stuart his reaction last night, shrugged, a couple hundred million, that tells a big story. You can have a big impact on politics in america spending a couple hundred Million Dollars and basically spending it on the supertuesday primari