Progressive wing of the Democratic Party. What that means with just 18 days to go before iowa. What is tom steyer doing there anyway . All that, so much more, on making money. Charles major wins for President Trump this week. The senate approving the United States mexico Canada Agreement today one day after the historic signing of the trade deal with china. They are say the farmers are happy with the china deal and signed to be sign deal with mexico and canada. I think they will tack massive incoming tariff money and use it to help them get through tough times. First interview since usmca ratification, white house. Peter navarro. You take a bow. You give credit to President Trump. Admit, you were a driving force, monumental force, a whole lot of people outside or inside the administration did not foresee these victories. I tell you what, chars, i dont know if you remember this, july on your show i predicted 30,000 on the dow if usmca passed and we had lower Interest Rates. Have me back when we hit the milestone. I will take a bow then. Everything else is president donald j. Trump. Charles we may have have to have you come back today. I will camp out. These are the two greatest days in american trade policy history ever. One would have been enough. Have them come one day apart is truly extraordinary. This president , best labor market in five decades. Best trade policy we have trade, we have japan agreements, canada, mexico, china, korea. I mean, wow. And markets rightly like this. Because what it means is jobs, jobs for people, who work with their hands. Jobs for farmers, and that makes the market go up. Charles youre absolutely right. We saw it from the philly fed, 4 4 of manufacturers see order demand. To meet that, 50 well hire more people or add more hours. People need to understand what the impact will be. You still have your critics believe it or not. They told economists, one guy from Oxford Economics deal, that is akin to step one of couples therapy. Another person at jpmorgan said producers who supply china will benefit. They say consumers are going to lose out. Finally this from brandenburg, right. This phase one of the agreement is big step forward by including sufficient details that establishes a framework for vastly improved economic trade relations. Lets talk about the framework. This is what everyone is worried about, peter. Can this thing be enforced . Will china live up to their word . Lets talk about the Enforcement Mechanisms first of all. In the old days with the world trade organization. China joins it. Breaks every rule. Takes three years or more to get some kind of dispute resolved. By then the American Company is out of business and thousands of people are out of their jobs in this one we have a 90 day clock from the day somebody walks in or the administration itself file as complaint with ustr robert lighthizer, and heres the best part. At the end of that, if we, the United States, are not satisfied that that dispute is resolved, we, unilaterally get to take proportionate measures, and chinese promise not to retaliate. You cannot get better than that with enforcement mechanism. That is why in his speech yesterday President Trump said we had firm control of enforcement. Charles phase two, we have a minute left. I need update on this. Phase two in a minute. Let me see if i can do that. Charles the tariffs are still in place. Yes, they are. Charles decision can be used. Chinas economy. By the way they report their gdp number at 9 00 p. M. Tonight. This will be the slowest economic year for china 30 years. Yesterday their largest utility, said their economy could go down to 4 growth. Obviously they have and your again sy factor to get everything completed, isnt it . Their economic model is bankrupt and thats why they need to reform that model. In addition to tariff pressure from President Trump, they have domestic pressure on a model that is imploding. They need to join the world with fair trade, reciprocal trade. That will be better for their economy. This agreement in principle is a step towards that. Charles, great two days of this. Youve been covering this from day one. Just a great day for president donald j. Trump. People of america should be thankful he is sitting back there in the oval office. Charles i would say a great day for peter navarro. Greater day for america. Coming back when we hit 30,000. Charles see you tomorrow. News on trade obviously helping the tone of this market. Stocks hitting alltime highs today, but it is really driven by the right things, right . This economic data, these huge earnings beats. They carry the market. Now we have a dilemma. This is the irony of all. Investors are nervous. Fencesitters are nervous. Many think it is too high, even if it goes up what do you buy . Here with ideas, point view, investment strategist david dietze and pwc partner mitch rochelle. David, this is what im getting from people, i want to get in but what . I feel like i missed it. Feels like the train left the station. I know it will keep chugging but what do i do about it . Many areas offer great opportunities. One i would cite this afternoon, regional banks. They have been left behind bit money center banks. Because they dont have the market activity which took better advantage in q4. Heartland will do well i think Interest Rates will start to drift up. Charles Interest Rates you think this year going up . Well have better loan demand. More people wanting to borrow to buy a house or car. That will affect Net Interest Margin and earnings estimates. Charles you like the midsized banks, regional banks. Of course we need to point out jpmorgan, goldman sachs, which got upgrade today, and have done extraordinarily well, this last earnings season. Wall street believes it. Because guidance has been pretty strong. That is from bigger banks, mitch. I want to echo what david said. My son for investment chubb at school, what should we invest in . Regional banks. You didnt make a liar. Charles i didnt get frustrated or tangent with them. I was in regents for a while. I was in suntrust for a while. I dont know i feel like they need to get bigger to compete. That is the point. I think you see a lot of a and a in the sector. Jamie dimon said on maria bartiromos show. Small banks cant compete with the Technology Spend you need to be relevant. They cant compete with the Compliance Costs government put in front of them. If they merge, they can deal with it. They probably do it in the first quarter. You dont want a Big Bank Merger in election year. They will do it. Try to do it quickly. We saw one and end of the year. Charles yesterday at the close 558 stocks hit new highs. To put that in perspective, on december 27th, 2018, on the nasdaq, one stock, hit a high, one, one and so, it feels like okay, its great. Is there circumstance when you chase something that makes a big move . I tell people chase fundamentals. Dont worry about share price. What about you . Were cautious of course. Youre looking more than one year performance. A company we like, i think could be cautious is kelloggs at oneyear high. Above average dividend. A global company. It is transitioning to healthier options as well. Offset the pringles in the portfolio. That is something you make good money on. Charles what is good, when we hit the big air pockets, consumer staple names really outperform. Even though it feels dull, you are happy you have them in the portfolio. Those companies have cash. They pay dividends. I think dividend payers are a good play. I think indices are the way to go. You may want to focus on sectors. Look at homebuilder confidence, hit a high since what, 1999 . Regional banks. You have got health care. I think health care continues with aging population will be a strong play. You got to look at sectors and step back. Picking individual names when some are hitting highs, that is a little bit of a challenge. If you go with indices charles sounds like you both look at tse that, that arent like the, theyre not amazon. Theyre not apple, right . These are names that are solid, they have been around for a long time. The companies have been. They have cash and wellpositioned but, so, are you trying to mitigate your risk on the downside to a degree . Say earnings are up 10 . As a result of earnings being up 10 , these stocks are up 10 . That is not a bad year. Charles right. If you chase big names, look to double your money in a year, that can go obviously the other way. In a mark the can pricey as it is, you have to be more cautious. Look wherers growth is. Anything involving the consumer way our economy is driven right now will be a good name. Charles we saw that today with the retail sales report. Absolutely phenomenal. Socalled control number will send our gdp number higher as well. Thank you, charles, thank you, mitch. War on ceo pay heating up as heiress Abigail Disney backing a controversial new bill. Later in thePresident Trump, je, explains his latest effort to protect school prayer. Progressives taking side as a new battle brewing between Elizabeth Warren and Bernie Sanders. We heard it on the mic. It is getting a very, very heated. Meanwhile chief justice looking right now. There we have soon, chief Justice Roberts being sworn in. He will preside over the impeachment trial in the senate, that officially begins next week. Now senators are getting sworn in. Youre watching it as jurors. Well be discussing all of that when we come back. Hey, saved you a seat. This rounds on me. Hey, can you spot me . Come on in. Find your place today, with silversneakers. Included in most Medicare Advantage plans. Enroll today by calling the number on your screen or visit getsilversneakers. Com im but how do i know if, im getting a good deal . Truecar knows exactly how much people have been paying for the car i want. I tell truecar my zip and what car im into, and it shows me the truecar curve. This shows the range of prices people in my area actually paid for the same car. Looks like these folks paid a little more than everyone else. And this guy got the deal of a lifetime. This is how car buying was always meant to be. This is truecar. narrator before you buy a car, see what others paid for it with truecar. And now for their service to the community, we present limu emu doug with this key to the city. [ applause ] its an honor to tell you that Liberty Mutual customizes your Car Insurance so you only pay for what you need. And now we need to get back to work. [ applause and band playing ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. I think you called me a liar on national tv . What . I think you called me a liar on national tv . Lets not do it right now. You want to have that discussion. We will have the discussion. You called me, you told me i dont want to get in the middle. I want to say hi. Good. Okay. Charles Elizabeth Warren accusing Bernie Sanders calling her a liar in very intense exchange. That was caught on a hot mirk. The leaders of progressive wing at Democratic Party. They vowed not to attack each other on the campaign trail. That is clearly all over. Joining me for press advance for obama, johanna masca, Fox News Contributor deneen borelli. Not a good look. I wouldnt be surprised if the conversations are happening behind closed doors, people asked me that question behind closed doors. Someone said. Neil charles what conversation . The conversation whether a woman could be elected president. Someone said to me, dont you think mayor pete being elected president would open it up for women . Im like im sorry, youre telling me that america is more sexist than we are homophobic, than we are racist . I dont think that benefits anyone. Charles is anyone talking about merit . Anyone calling up who deserves to be president of the United States based on merit . Absolutely. That is the conversation that matters, is the issues. And i do think it is very important that women have a seat at table. Because we produce the only thing that is most important to capitalism, which is human capital. Uniquely qualified for that job. I think women have to have a seat at table, talking about policies. But i dont think the conversation isnt happening on democratic side. I think it is not getting enough oxygen. Deval patrick. Theyre taking about it. Charles here is the thing, deneen, what we saw yesterday completely moved away from whether the woman should be president to personal insults or integrity. Someone is lying, someone is lying there. They both combined get over 40 of the democratic votes in the polls. That is chunk of the Democratic Party. They have to wonder who the leader is on the progressive side. Watching them squabble, watching two little old ladies who called bingo first. Charles how do you resolve that . I dont know. Actually, that is a good question. But, listen, Elizabeth Warren is a liar. I mean think about it. She said she was a nativeamerican. She said charles you think she orchestrated this whole thing as a last act of desperation . She is desperate. That was my next word. She is falling behind in fundraising. She is falling behind in the polls. So she is trying to get that media bite, that sound bite being front and center because she is losing, what, fourth place behind charles she definitely lost a whole lot trying to defend the green deal. When she rolled it out there, it isnt what you said it would be. Backed off for medicare for all. Charles here is the thing. We leave the debate. Only thing people are talking about. How can this benefit any democrat. I want to say first of all. If we forget what happened four years ago on the republican side. Neither side is, wash their hands of personal disputes, getting dragged into whether megyn kelly getting dragged into a situation with President Trump or others charles talking about two candidates calling each other a liar. Everyone seeing that on national tv. It has gone too far. That is exactly our responsibility in the media. She is not credible. She is not credible. Charles are you concerned as someone who worked closely with president obama, are you concerned that the democrats are losing it . Theyre running dull, ineffective campaign, that is the biggest headline coming out of this . I think oxygen needs to get back to the issues. The media is as much at fault as candidates. Charles, van jones and al sharpton both said that the debate was horrendous. Theyre talking about policies americans want to hear about. Theyre all for big government. No one went after each other on the debate stage. It was boring. The ratings were down. There is no way, whoever the nominee is, can really go headtohead with President Trump. Charles will this change after iowa once voters have spoken . Number one on the debate, the questions were bad. I will go with you on that. The questions were bad. Performers were bad. They should take questions from everyone. Im for fox contributors, fox folks ask questions as much as i am from everyone else. Charles i agree. The questions were inane. They didnt go push back. I agree with all of that. The format was awful. Again this is your party, they seem to be in some quicksand and theyre sinking while pointing fingers at each other. Here we are in iowa, will it all change . I dont know that it will because what happens people playing a different race this time with bloomberg pouring all of his money into later states. Charles trying to game the convention. At least that will be exciting. Buckle up, boys and girls. Thank you both very much. Coming up less than ten minutes from now, why there is so much more to successful investing than headline driven emotions. War on ceo pay getting more intense. Disney heiress Abigail Disney sporting a controversial bill. Well give you details and what it could mean for Small Business next. Nt plan with voya gives us confidence. We can spend a bit now, knowing were prepared for the future. Surprise we renovated the guest room, so you can live with us. Im good at my condo well planned, well invested, well protected. Voya. Be confident to and through retirement. We were paying an arm and a leg for postage. I remember setting up shipstation. One or two clicks and everything was up and running. I was printing out labels and saving money. Shipstation saves us so much time. It makes it really easy and seamless. Pick an order, print everything you need, slap the label onto the box, and its ready to go. Our costs for shipping were cut in half. Just like that. Shipstation. The 1 choice of online sellers. Go to shipstation. Com tv and get 2 months free. Charles california wants to tax Biggest Companies based on ceo pay, based on employee salary. We got a huge ally, Abigail Disney. She is advocate for higher workers wages. Curbing ceo salaries is hotbutton issues. Voters on both sides of the political aisle feel strongly. The question, should government come to the rescue . To discuss, wall street journal opinion writer, jill melcher. She is disney heir. He made 66 million in his pay actage. That that is obviously unfair. What do you say to her . That i disagree, that it is dangerous culturally we politics of resentment. We demonize the success, demonize the wealthy. Even if you take away the whole salary, split it among employees it wouldnt make that much of a difference. The metrics we need to look at, a good wage, whether you have opportunity. What risks youre taking, ceo is risky job. Big pay and accountability and a lot of responsibility. Charles i dont disagree with that. Over the years they have done themselves favors. I think theyre making it easier for these sort of attacks. This is maybe why we see the cha