Council voted this weekend to unanimously sucker punch the rogue nation to the tune of 1 billion. Historic sanctions target everything from north koreas ability to trade coal, iron, led, seafood and guess what . China and russia joining the counsel, their hand finally forced by kim jonguns latest round of missile test just ten days ago. But is it all too little too late . Retired Lieutenant General served eight tours in the pacific region, hes with us on whether kim jongun is now really ready to go to war. And weve go on this breaking news. Bitcoin dramatically spiking to a new alltime high at this hour. Just as a controversial cryptocurrency leaked one of the most infamous lobbyists to ever walk the streets of dc is watching a new bitcoin reality show to help a bitcoin startup in congress not to kill the currency in its infancy. Jeff is here in a fox business exclusive. Plus, elon musks latest power play, it involves junk. And the top trade you should be making from your lawn chair. Plus, charlies about to break it. Were less than an hour to the closing bell on this monday, so lets start the countdown. Liz investors at this hour, you ready . Are about to witness the dows 52nd record since the election day. Any gains for the dow will be enough to get the bulls there, and it will be the ninth consecutive records for the blue chip index. I do warn that in the last couple of minutes, we started to head south at the highs of the session. We were up 28 right now the dow is up 13. We are also keeping a very close eye on the s p 500, which needs to close above this level. 2477. 83. Right now were at 2,479, so just a couple of points above it. If we do, that will finish the day at a new record for the first time this month. While stocks swim in the green, tesla says we need to raise some green if its all going to be able to seal those model three orders. The electrical Vehicle Company announcing its trying to raise 1. 5 billion through its first ever high yield junk bond offering. Teslas working through 455,000 reservations for the lower Price Electric sedan. 1,800 new reservations coming in daily since the first delivery of the car was made last week to tesla employees. And the rumor mill going wild over apple, which is getting ready, apparently, according to reports to introduce a new apple watch later this year that will be connected directly to cellular networks. According to these reports, the new watch will allow consumers to make phone calls, surf the web, send messages, download apps, stream music without an iphone nearby, and look at real humans directly in the eye. Oh, wait, not that last one. Youll be staring at your watch. Anyway, its unclear whether users will have to buy a separate cellular plan for the watch, but well keep you posted. And speaking of cellular plans, major wireless carrier sprint and tmobile have reportedly started talking again about a potential merger. Now, should the merger go through, it would push the combine company to the number two spot in the Wireless World behind at t. Sprint with 54 million subscribers, and you throw in tmobile, i think they have 70 million subscribers attempted a merger three years ago, but fears of getting the deal approved led the deal to fall apart. Tmobile has declined to comment but right now, both stocks are flat to slightly down. Is that okay . My floor director says thats fine. Folks, we may be seeing green pretty much on the screen as stocks hit record after record, but there is one thing thats really flashing its big warning sign. A complete sense of calm on wall street, despite all the headlines out there from north korea to turmoil in washington. The wall street fear barometer finished lowe ten only 26 times in its history. Which includes 1990 all the way to now. But since may, weve seen 17 of these historically low readings. So it is a window of time we really need you to watch. As we look at the vix, i is that a peak . When theres too much complacence, does that mean the markets about to fall . Well, look, thats what happened during the financial crisis. You can see how much the volatility was leading up to that. 2003 and now you can see it looks familiar. So is this just the calm before i dont know. A storm or hurricane. Remember, super storm sandy did happen in september. Lets get to the floor show with the traders at the new york stock exchange. Scott, ive asked that question over and over again. Im starting to feel silly. But i feel this i guess need or, you know, its important certainly to warn people. But something might eventually come. But the word eventually makes us all look dumb because it hasnt yet. Well, as a trader, the word eventually is in a trading plan because it doesnt make us. But youre right. Were in the eighth year of a bull market, so no one wants to get caught sleeping behind the wheel. So thats why were looking at week by week, month by month. Weve seen two weeks above 2460, maybe we get a move 2,500 plus. We want to see if bank looks up. So were trying to stay with this trade versus being worried about whats next without falling asleep behind the wheel. Liz allen, i remember when 12 was a low number for vix. Were at nine. Nine and change. Again, im pretty sure we havent closed below nine in the history. If we have, it hasnt been very often. Do you see any signals on the floor of the cme . And if so, where is that smart money flowing right now . Into anything . Maybe a fear trade . Well, what we typically see when we look at the vix options, theyre usually about 70 of the action on the call side. So people have been hedging. Theyve been protecting from that explosion that could happen at any time. But recently, that has come back down a little bit, so theres less protection being bought. So that may be something to Pay Attention to. But just because were at a low level, it doesnt mean we cant go lower. If we trade between 10 and 12 for more than three months now. So that targets eight on the downside. So, yes, that seems like a pretty depth, you know, pretty low depth. But, you know, markets can always move lower and right now, the fundamentals remain solid. Earnings, 10 growth this quarter. You cant question that. Maybe even 11 , by the way. And can i trademark that term . Okay. Phil. You tell me because you watch every market, dont you . And is there any message that oil is spending . I know theres an opec meeting two days now. I think theyre a little bit concerned about economic growth. I think thats one of the reasons why oil prices were so weak this year because they werent believing in the Global Oil Demand story. And, you know, like the vix index, you know, theres no fear in the marketplace, and theyve been really lackluster, and you have some of the worlds biggest and longest and strongest bulls throwing in the towel. But thats the time to get nervous. When everybody is lackluster about Global Demand when prices are cheap and then you continue to see supplies fall and demand blow away expectation, thats when youre going to get into a problem. The other thing is lack of investment. If nobody believes the markets going to go higher, nobodys going to spend the billions of dollars to meet the potential demand that may come. So, to me, its a big concern that were not more concerned about the future. If you look at the end of the yield curve on oil prices, its substantially lower than normal. And that becomes a problem for producers because they cant hedge. They have to lock in these low prices forever. And so that could be an issue liz great for the airlines and jet fuel but not many people in the business. Great to see all of you guys. And, folks, you have to stay with me because from volatility on wall street to the president s latest twitter storm, the president actually took a break from his working vacation earlier, sending out this barrage of tweets lashing out at the media, insisting his base is quote stronger than ever. This as a pending russia investigation and White House Leaks continue to aluminum over his administration. Lets get to adam shapiro who across the river in bridgewater, new jersey. Pretty much youre not really far from where the president s currently vacationing. But what Takes Center Stage for the president . We have the north korean situation where kim jongun just said in the past couple of hours that he will retribute, there will be retribution, thousands and thousands of times compared to the un security counsel sanctions. Yes. The north Korean Leader said i think it was 1,000 fold revenge. And of course the un sanctions are now in place, and this is going to cost a north korean economy close to a billion dollars. They wont be able to export coal. But when you ask whats on the president s plate, just about everything. This is a working vacation. And heres one of the tweets of many that were sent out today in which President Trump said, and this is a quote. Working hard from new jersey while white house goes through longplanned renovation. Who will he be meeting with . Well, hell be meeting with cabinet members as well as policy advisers on all of the policy issues weve been covering before the working vacation and will cover afterward. There is tax reform, theres raising the debt ceiling, there is north korea. So these are just a few of the things the president is going to be meeting with his advisers and cabinet members in new jersey as well as in new york. But the other issue thats front and center, the White House Leaks. Cracking down on leakers who leak information from the white house and capitol hill. You may recall on friday when attorney general director of national interference. But also cracking down on reporters who write stories or do television reports about leaks, heres what Rod Rosenstein said that kind of walking it back a bit. What we need to look at in every leaker we get. We look at the facts and circumstances. What was the potential harm caused by the leak . Thats more important to us than who is the lyric. So we identify somebody, no matter what their position is. And in that case, well prosecute it. Including white house officials and members of congress. Including anybody who breaks the law. Liz, as i wrap up and throw back to you, keep in mind the cabinet members and advisers going back and forth the last two weeks but chief of staff kelly will be here every day just about flying in from washington when the weather permits. A pretty nasty day here right now. Raining quite heavily. Liz yeah, that doesnt stop the work at the white house. Even though its quiet inside the beltway. Adam, thank you. Were about 49 minutes from hearing that bell ring and seeing at least two records at the moment. Were checking very closely on the s p and the dow, which are on track to breathe air. So high theyve never been there before. And in a surprising moment of unity, highly rare, folks. The un security counsel agreed with the u. S. request to slap north korea with the toughest ever economic sanctions regarding its escalating nuclear program. A big victory against the dictator kim jongun. But has the 1 billiondollar penalty come too late . Our next guest the u. S. Air force vice chief of staff. Youve seen his fair share over his threedecade career and whether they work. Retired Lieutenant General tom joins us straight ahead in just a few minutes. Countdowns coming right back. The dow up 15 its a highly contagious disease that can be really serious. Especially for my precious new grandchild. Its whooping cough. Every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Thats it. Im calling kohler about their walkin bath. Every Branch Running nah. Not gonna happen. 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The United Nations security counsel finally slapped the rogue nation with sanctions worth more than 1 billion. That is, by the way, the largest ever against the north korean regime. But will it matter . We thought we would give you a little history. The last time the un imposed sanctions on iran in 2010, it took 90 days to determine whether the sanctions were necessary. That would bring us to early november for the north koreans, and that gives that rogue nation even more time to continue testing its missiles while kim jongun says they already have the capability to hit mainland, usa. So are they too late . We bring in fox news analyst and former air force assistant chief of staff retired Lieutenant General. And you know the region, sir. You served many, many years in the pacific. Give us your Second Amendment of whether you believe north korea a can hit the mainland and b if hes serious when he says he will make us pay 1,000 fold. Well, first of all, i dont believe he can do it right now. Within a year, yes. Hes made rapid progress, liz, and we need to take this serious. Number two, i dont think earlier understands what he just said. Now, what i would tell him is mr. Kim jongun, if one round of artillery goes into seoul, korea, you will get our full nuclear retaliatory capability. There will not be a city left in north korea. You will be finished. Read my lips. Liz okay. Hold that thought. Dont we have to back that up, and that would include the deaths of many, many, many civilians. Should web prepared for that . I dont know if you fully understood what i said. If he gets our full nuclear retaliatory within minutes of going after seoul, there will be nothing left. If you go into airborne alert, we used to call it chrome dome with Nuclear Weapons and then Start Building up our other forces, et cetera. He will not last 15 minutes, and he cant put enough artillery into seoul in 10 to 15 minutes, and its going to be over because our weapons can hit his artillery pieces if you think of 2,000 crews missiles in the air, liz, and if you think of our full nuclear retaliatory capability, then theres not going to be anything left of north korea in 15 minutes. Completely. And i would make sure he understood that. Liz and now i do. I understand exactly what youre saying. Youre scaring the crew here, general. But, again. I want to scare them. Liz i get that but do you think the Trump Administration is ready to put that kind of muscle behind those words . Well, i believe if they look at the options of trading san francisco, seattle, los angeles for that, i think they will. We have a president , we have a secretary of defense called general mattis, we have a secretary of defense general dunn ford, we have National Security adviser general mcmasters. They know what needs to be done. Now, are they going to be as harsh as i am right now . Maybe or maybe not. I had 12 years in the pacific, eight tours, and i spent a lot of time there. And thats the only thing kim jongun left hand as will the russians and the chinese. Thats why i believe they are seeing the coercive diplomacy. They know when those three gentlemen made certain statements about full military capabilities, they know what we have. And it must be very clear that we will not accept a nuclear, even though theyve detonated five weapons, north korea with icbms. That is not acceptable. Liz do you feel that they could reach new york or los angeles as they claim theyre about to be able to do or even chicago . Not now. Within a year. But then its too late if we start to do something a year from now. Liz which brings me to november. I mean, if it takes three months and who knows what the un, the wheels of the un work remarkably slowly and unfairly. So who knows with them. Will that put us at a disadvantage . Because the closer and closer he gets, maybe he holds some power here, even if we have that Missile System on the ground in south korea to intercept those missiles. He does. By the way, youre very kind to the un to put it that way. The fact is, its a lot worse than that. But thats why i would start politically, i would form a political area Treaty Organization similar to nato. I would have south korea, japan, australia, new zealand, philippines, thailand