Transcripts For FBC Countdown To The Closing Bell With Liz C

Transcripts For FBC Countdown To The Closing Bell With Liz Claman 20151230

You can see crowds starting to choke the area just one block away from our fox business studios to time square where police are you know what . Lets call it cautiously optimistic but well see safe event end of 2015. What you dont see in this shot, Police Snipers on rooftops and more than 1,000 police cameras. What will you see . 6,000 Police Officers on site to secure the area and maintain order. Former chief of staff general jack keane has the threat analysis. Live with us. Also breaking at this hour. The man who made nbc a lot of money in the 80s and 90s playing the ultimate dad, charged with Sexual Assault. Bill cosby has been relieved of his passport at this hour. He just left Court Moments ago. Those are the pictures of him. Hes being assisted by his attorney. He had to answer to a pennsylvania judge the charges. Cosby posting 100,000 bail, surrendering that passport. We have the latest developments in just a moment. Recording flooding in missouri. The situation is expected only to get worse. Were going to have a live report from one of the towns hardest hit. Now, while Mother Nature is killing the ski industry but their fortune may be charged. Where theyre not waiting for nature to ice the mountain cake. And a fox business exclusive. We have infiltrated the milliondollar view of the new years eve ball drop in new york city that will set you back 400 at olive garden in time square. With or without the breadsticks. We have the chair now known as the front seat. Its a countdown to the st. Louis. And catalyst for the markets today, black gold is dump winning so as the Dow Jones Industrial one hour and one trading day left to turn it around. Stay with me were less than an hour away from the closing bell. Lets start the countdown. Liz just under seven and a half hours left to trade in 2015. Were so glad to trade, its looking less likely that the dow will close in the green. Now, it ends the year 17823 would be were at 17,660 now. Not there yet. The s p needs to be at 2,059. The nasdaq needs to be and already is above 4,736. So that is the good news the nasdaq coming through for us. Right now you can see the markets lower today, but that s p 2,070, all vectors down today but names like exxon mobile, chevron are all lower. Youve got morgan down 4 and we have a winner. Carl icahn has defeated bridgestone in the battle over pep boys. Bridgestone declined. To top the investor 18. 50 an offer, you said you can take it, uncle carl. Has been the company to buy. And total he paid about 1 billion for the company as well as a 40 million termination fee to bridgestone. Pulling back about two and threequarters percent but icon interprices is up just a fraction. Speaking of just. Just in time a major crack down on terror foiling two isisrelated attacks that were set for new years eve. First in belgium breaking news as i mentioned at the top of the show. Brussels canceled their new years celebration. Comes after two attackers planning a horror show just like the one last month that killed 130 people. Police found propaganda inside the suspects homes. Now, to turkey a pair of suicide bombers who were planning to target new years eve events. Back in the u. S. A different story were thankful to say ahead of time square new yorks top antiterror chief reassuring the public there will be no safer place than tomorrow night in new york city. Listen. Theres no Police Department in america that can match what we can put out on the street. Those 6,000 officers will be here. And just about three or four Police Departments in the United States. We are very, very confident that new years eve in new york city will be the safest place in the world to be. 500 specially trained Counter Terror officials will be on the scene. But we want to bring in former u. S. Army retired general jack keane. Jack, i have to ask because where there is smoke, there is fire. We go to belgium, turkey, and you see that there are four people. Does that mean like cockroaches there must be more. Well, certainly in belgium thats the case. They wouldnt shut that down if they didnt have intelligence likely from talking from these two individuals theyve got in custody that theres Something Else out there. To be to public about Something Like that and tell the people that they fear for their lives an event like that means theyve got good intelligence. And, listen, both of these lets give them credit here. In both places in turkey and also in belgium, good police work, good intelligence to stop these events. Yeah. Liz and the other thing that it benefits from has sent an alarm bell out to every targeted isis country in the world that this threat is real, reminds everybody about determination, focus, and thats a good thing and certainly happening here in the United States. Liz to time square. And weve got live cameras across the United States, looks like a lot of excitement in the area. But i have to say, you know, this in ypds first rodeo but the backdrop of the San Bernardino murders, the paris murders, its not surprising theyre pouring all the effort into these areas, bombsniffing dogs, rooftop patrols, theres a limit, though, to what new york city can really do . Well, theres a limit to what our Intelligent Police can do. Certainly. But some really good things have happened here as a result of San Bernardino and isis at large. And there are absolutely the best intelligence we have because they will be usually closer to this terrorist before the act actually take place. So thats a good thing. Theyre on their guard and certainly at major events like new years eve celebrations, we can put lots of police. But lets be honest. This terrorist threat can find groups of people very easily in any place in america like San Bernardino. Liz and theyre smart. They go for soft targets that people arent expecting. By the way, a lot of people going to the theater. Every broadway theater is doing bag checks right now. But lets take it now to another pretty significant hot spot and that would be the straight move. And we dont want to ignore this because iran came within 1,500 yards i believe of striking a uss ship. You have the Theodore Rose very late. This is the third type of incident, this aggressive incident that iran is trying to pull off. Does it really signify that the Iran Nuclear Deal basically leaves us i hate to say it but as fools and with the israelis shaking their head saying told told you so. Let me get to that in a second because i want to finish something in the last segment. The American People are very much away of this threat. They understand it, theyre intelligent, and they also balance it against what is the likelihood of impacting on their lives. So the good news is given the strong constitution the person people have, theyre going about their lives and thats why theres going to be the crowd in time square and theyre going to go out and do what they normally do and thats a good thing, and it says a lot about who we are. Based on who the iranians are up to. Listen, this thing certainly is provocation. But heres why. The iranians told me if they were doing a war game, they would do this when theres no ships around. But they want the message, they want the publicity that they got around u. S. And french warships. Why . Because theyre sending a loud message to the gulf states and to their allies, principally the United States that theyre taking the gloves off now that the nuclear deal is done. And they are back on message and back in play trying to achieve their strategic objectives in the region, which is regional domination. The two missile test firing that took place a few weeks ago. Further testimony of what theyre truly up to. Liz yeah, i agree. It just shows that the un in a way has been duked. I hate to say it. But, general, great to see you. I wish you a happy new year. Same to you, liz. Happy new year. Liz traders and investors, you have just one hour and one session left to close out your positions for 2015. So what is the trade thats just under the wire . Lets get right to the floor, traders of the new york stock exchange. Okay, sergeant, you get first crack here. What are you buying in 2016 . We have to stick to consumer here, i like the staples over the discretionaries because i think people are going to have to borrow a little bit more to maintain their standard of living and stay away from health care being that this is an election year, and its going to fight over. Liz yes. I like that. Definitely, but i look at these consumers names, theyre swimming right now. But when you look at the tiffanys and the coaches of the world, havent they been in rubble . Yeah. I think youre going to be buying things like food and clothing. Less video games and luxuries in 2016. Liz by the way, speaking of later in the show i dont know if you play video games, either of you guys, but its now the Virtual Reality game for 2016. And were going to give the names of the hottest Virtual Reality investments. You have to stay tuned for that. Chris, to you. Is it treasuries . Is it commodities that have been beaten down . Or is it Something Else that you think will be the big trade of 2016 . Well, you have to look at the commodity story is wellknown, at sixyear lows across the board. Thats something that i think the money flow is going to watch. Also if you look at where the stock is. Were still very close to record highs. The s p flirting with 2,100 level, the dow trading with around 17. 8. 18,000. Liz uhhuh. I would anticipate moving forward. Its going to be election year. Probably going to see more volatility. Weve been at the 800 trading range in the dow for a while. Around 4. 5 . So i would look for moves in commodities, and i would look for continued volatility in these stock indexes as we knead an election year. Liz are you guys both working tomorrow . Because i am. Ill be working. I am. Yeah. Absolutely. Liz great. There you are. Were the hard ear bunch here. So good to see you. Chris and steven robinson. Were 48 minutes away. The dow down 63 points. Americas favorite hot tv dad isnt in hot water. But in boiling water. The charges against bill cosby as he showed up to a courtroom in the last hour relieved of his passport. Surrounded by the media. How much prison time could he be facing . And for what . And its been all downhill for eastern ski slopes this year. Make that uphill. But the recent weather may be a change of fortune. Theyre not waiting around. Theyve been struggling too long, so theyre celebrating in a different way. Pulling out the big guns. The snow guns. Taking you there live. Countdown to the closing bell. Well be right back we live in a pick and choose world. Choose, choose, choose. But at bedtime . Why settle for this . Enter sleep number, and the lowest prices of the season. Sleepiq technology tells you how well you slept and what adjustments you can make. You like the bed soft. Hes more hardcore. So your sleep goes from good to great to wow only at a sleep number store, find the lowest prices of the season. Save 600 on the 1 rated i8 bed, plus no interest until january 2018. Know better sleep with sleep number. Some of these experimentsere notmay not work. Il. But a few might shape the future. Like turning algae into biofuel. New technology for capturing co2 emissions. And cars twice as efficient as the average car today. Ideas exxonmobil scientists are working on to make energy go further. 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He had to post 100,000 bail after being arraigned in a pennsylvania courtroom on Sexual Assault charges. Also had to cough up his passport on fears he might leave the country. Here are the charges. They stem from a 10yearold complaint by a former employee at temple university. Her name is andrea. Her accusation that the comedian drugged and violated her at her home in philadelphia. She was there, he told her to give her wine and take three pills and she doesnt remember. Charging the comedian in 2005, the case has been reopened following new evidence and misconduct claims by dozens of other women. Cosby could face up to ten years women on indecent assault. Cosby has in turn sued seven of his could you sayers saying theyre lying and hurting his reputation. And the iea, the energy administration, it reported that inventory surprised were so shock shocked rose by 2. 6 Million Barrels in the last week. Analysts were expecting a decrease. But Oil Companies and oil pumpers have not been able to show religion at all. They keep putting out too much. Ready to make a bold contrary and one of the smartest in the business. Everybody think so its going lower and lower because saudi arabia refuses to cut its production, the u. S. Keeps producing but youre are ready to say what . Where is oil going next . Well, i think the first looks really sloppy down to about 32. 50. But by the end of 2016 and into 2017, i think well get to 50 a barrel because supply and demand will start looking better in balance. Liz why . Ive heard that all year. Supply is going to look better. Suddenly people will realize if we want prices to go higher, we will stop producing as much, and then they dont. Well, i think if you look from the producer side, theyre really running out of money. They no longer have hedges that cushion them from the fall in 2015. The banks are cutting credit, thats going to continue into 2016. Some drilling has been occurring so that they preserve their leases. But they havent been completing their wells. So actually i think in the u. S. Were going to surprise to the downside as far as production goes throughout 2016. On the other side of the equation weve got demand. Demand was great in 2015. It was up 3 in gasoline in the u. S. Worldwide up 1. 8 Million Barrels per day year on year. That trend is going to continue and if you look around the world, were seeing really good demand from china, india, elsewhere in asia and here in the u. S. Liz were ending 2015 with extremely low prices at the pump. I believe today the average price per gallon was pretty much an even 2. That is great for the consumer. This is an old conversation. Terrible for the companies. Help us make money right now, andy. Who does well . Is it the big integrated oils like exxon mobile or is it the Oil Services Companies . Or to me i look at the refiners, and i think that might be the place because there arent a lot of them. Its hard to build new refiners. Well, the refiners are going to have a good 2016. Maybe not as good as 2015. Liz do i buy. I would like at buying some of the independents, yes, like the valero, phillips, i think theyre going to perform well in 2016 because on the back of gasoline, demand is so good. Thats going to help them. On the integrated majors the one thats going to survive obviously is exxon. The other producers im very concerned about, you know, pulling credit from the banks and not being able to go forward, and they may go down as a group. On the oil service sector, i would just stay out of it completely. Liz uhhuh. These guys continue to be squeezed on price concession. But not only that, the high cost areas such as the arctic or canada or deep water drilling, theyre still going to be under pressure so that Companies Like transocean, its hard to make a case that these deep water oil rigs are going to be employed in 2016. Liz yeah, i remember it was a hot trade of 2017 and 2014. I would say velaro right now is the only name higher today. Andy, happy new year. Good to see you. Happy new year to you, liz. Thanks for having me. Liz and in a year ill bring you back. Fifty dollars by the end of 2016. Andy, thank you to which. We have the closing bell 39 minutes away. Drivers, droids, dinosaurs, and dominatrix . Those were the four themes making 2015 hollywood hottest year. Were going to tell you how much pulled in and what they expect next year. From the holiday heat to the ice and snow. Jeff flock in wisconsin slow out of the gates. Jeff as he wipes off the lens. Liz, i dont think you can. The snow is flying for the first time all year. But its not god. Its man. Coming back. ,. Liz okay, forget gray. Try 50 shades of green. It has been recordshattering year at the movies. Major blockbusters propelling the Domestic Box Office to recordsetting 11 billion. What got us there . Jurassic world, scoring biggest debut weekend which brought in 650 million. Little bubble they were like a hamster rolling around. However, this was squashed by drum roll, any guesses . So obvious. Star wars. The force awakens. Already more than one billion dollars raked in. Maybe a alltime record when they open in china. What are the Office Box Office hits . Furious 7, inside out. But lets not forecompetent the dominatrix named fifty shades of grey. That brought in millions and millions. It was so cheesy, so bad. All right. Maybe you liked it. Tweet me, liz claman. Liz claman our f

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