Fourth quarter, in line with expectations. Enough for a rough session overnight in asia however. The nikkei average in japan down again 5 . Fears over the Global Economy, the nikkei declining 11 this week alone on those negative Interest Rates out of the bank of japan. There are now reports that the bank of japan is considering a emergency meeting to discuss further easing. To the war on isis we go. Cia director john brennan said the terrorist group used chemical weapons on the battlefield. They believe isis has ability to make mustard and chlorine gases. Martin shkreli offering kanye west 10 million so it isnt released to the public. He also bought wutang clans latest album. Putting Hillary Clinton back on the hot seat. Peter barnes in washington with the story now. Peter, good morning. Reporter good morning, maria. State Department Investigators issued a subpoena to the Clinton Foundation last fall seeking documents about the charitys projects that may have required approval from the federal government during Hillary Clintons term as secretary of state. The full scope and status of the probe being conducted by the departments Inspector General is not clear but a Foundation Spokesperson confirms the subpoena, which also covers one of her top aides huma abedin. That supports previous fox news reporting that the investigation into clinton is on two tracks now. One on possible violations of federal secrecy laws with her use of private email which is being investigated by the fbi, and one on possible public corruption, possible influencepeddling or trading favors for donations. Now a Government Official also says that more than two dozen email accounts handled top secret classified information found on mrs. Clintons unsecured server and there is no evidence they were authorized to receive it. Yesterday on cnn clintons spokesperson, brian fallon, attacked the state Department Investigators. He called the probe politically motivated, fishing expedition and said, quote, there is sort of a plot inside the Inspector Generals office to get mrs. Clinton. Maria. Maria peter this is just unbelievable story. Thanks very much. Well continue following this. Were joined by Fox News Contributor and editor at the resurgent, Erick Erickson from South Carolina. Good to see you. What is your reaction to this . Good morning. It is really amazing clinton officials want to attack Inspector General at state department. She was secretary of state of United States now attacking department. I dont think anyone believes this is politically motivated in South Carolina she was defending president obama. This is corruption probe, not politically motivated operation. Maria youre saying it is not politically motivated. Is it surprising it doesnt come up in the debate last night . Not really. That will be the to the detriment of her in the general election. Bernie sanders says he thinks this off limits. I think Hillary Clinton will be nominee. When she gets into the general, she is not prepared to take questions. Debates and primaries are good for candidates, builds them up. She will not have a line of attack when this comes up. Eric, doesnt it give her ammunition for fall back this is vast rightwing conspiracy . We hear this over and over again. Fishing expedition, nothing there, shes the victim. Right. She is going to try to play that but this is the Obama Administration, a democratic president , democratic attorney general and a democratic secretary of state replacement for her and a democratically appointed Inspector General. Hard to say vast rightwing conspiracy when everyone looking into her has a d next to their name. Maria where does this go next do you think. Listen, when you look at polling came out of New Hampshire, number one issue democratic voters was someone they trusted. 90 of the people who said they wanted someone they trusted went for Bernie Sanders. When you look at general election polling, independents and moderates also say they want someone they truth. Right now Hillary Clinton has lower trust and favorability numbers than ted cruz, marco rubio, jeb bush or john kasich. Maria wow. Anthony, how do you see this. The fact that 95 of the people that want trust are not votes for Hillary Clinton and beaten by 74yearold socialist who wasnt a democrat 14 months ago, you have to be worried for her, okay . This is rotisserie baseball you would not draft Hillary Clinton right now for your team. Maria the trust issue is real. You just interviewed south caroline governor nikki haley. What did she say about who she is endorsing . She i had said is not making up her mind yet. Not sure it will have impact. She is still weighing it. Before we go on camera, she is going back and forth whether she should endorse. People close to her. She wants to endorse probably happen after the debate saturday. Maria jack, any thoughts here . Trust issue is just amazing. Looking a the screen shot last night. 92 of the women of a certain age did not trust Hillary Clinton. 6 did. I mean, that is just, that is just horrible numbers. I cant think of a modern day parallel. Maria we knew this would be the main issue of the day. But we didnt expect Bernie Sanders would be beating her to it extent. Wasnt just Bernie Sanders, erick who brought up problems with the Clinton Foundation and things going on. What about the moderators . A lot of people in the media treating her with kid gloves at this point. You know, it was really striking watching media reaction on social media last night. How they were saying this was very strong debate by Hillary Clinton. Really few questions challenged clinton on her weak spots. Maria erick, what do you think will be the next major result from south caroline . Lets go through next couple months and what this looks like as these details come out . John kasich largely abandoned the state. He says he will focus on michigan. That leaves bush, rubio, trump and cruz. There is apparently polling floating around shows it very close between trump, cruz and rubio. If rubio cant springboard out of South Carolina to the nevada caucuses rubio may be blown out by bush juggernaut and Chris Christies murdersuicide he committed in New Hampshire to rubios career. Republicans will have to decide do they want the outsider that hates washington or outsider they can do business with. Maria has anything changed with the gop race, anthony. There is political bachelorette right now. Theyre all courting governor haley, maria. Bush people met with her. Lindsey graham is putting pressure on her. Maria want her as vp or want the endorsement . I think they would definitely make her vp. He already indicated that in a lot of speeches in New Hampshire. He wants her. If he doesnt get her i think its a problem for bush. Trump, even after she indirectly ripped him in her state of the Union Response is like, nickys my friend. He said that during the debate. Nikki haley, you, the debate that you moderated. A lot of white roses going to nikki haley right now. I have known nikki haley for number of years. It would be really surprise me if she endorsed donald trump or jeb bush. Why, why, why, erick. Even yesterday when she spoke, she said on camera, as she said in her speech but doubled down on it yesterday. She wants to support someone who is willing to hold republicans accountable, not just democrats. She thinks we need to clean up the Republican Party, not just the Democratic Party. With that sort of rhetoric im not sure she would go for jeb bush given her prior statements on donald trump, making clear she was talking about anger in the party. I think that excludes him. I would say she is looking rubio or cruz endorsement. Im not sure which of the two she would pick. My sense she would go in one of those directions. Maria good to have you on the show today. Thank you very much. Erick erickson. Thank you very much. Maria lets check markets here. Were looking at a little bit of rebound or bounce i should say. Global growth sending nikkeis average down. Index is down 20 yeartodate, talking a month 1 2. Boosted by rally in energy and banking stocks. Cac in paris higher by 1 . In the u. S. , futures indicating a higher opening for the broader averages following that steep selloff yesterday. At the low, Anthony Scaramucci, market was down 400 points. A headline crosses that opec would consider Production Cut. Sort of suspicious. Maria brought buyers out. That was suspicious timing as soon as it got to the he low. That was the low when we were back in davos, by the way. Doing a little bit of math last night, where we are right now, multiple, 2016 multiple, maria, is 15. 2 times earnings. Maria not bad. Roughly where the his tore cool market would trade. If youre going to normalized Interest Rate environment, uncertainty about growth you could see market trading here. For us at skybridge we dont see the market collapsing. If the market were to collapse we would salivate on that opportunity. We would be buying stocks. Maria you would put money in . No question. Irseeing a lot of tactical Asset Allocation at 15 multiple offering forward for the market. Maria big new worry element in all of this is negative Interest Rates. Youve got, jack, five Central Banks with negative Interest Rates. The latest yesterday. Anthony said in normalized Interest Rate environment this looks like a good multiple. Thats the problem. What is normalized Interest Rate environment right now . Most of the developed world is in negative Interest Rates. This is going one of the worst things about this frankly is that it is unknown territory. And so there are some data points we could look at say, well, 1988, 1998 this happened so this is what might follow. Weve never seen this before. The market hates uncertainty. We actually have, not in modern era so to speak, but 1932 we had 9 deflation in the american dollar. We reached our high, 28 on unemployment. Our Industrial Investment production was down 25 . It was the worst year in our economic history in the 20th century. 1932. What happens, maria . When you get deflation like that, people cant hold on to debt. They have to pay the debt back with dollars or other currencies worth more than the dollar that they actually borrowed. That is why the markets are starting to collapse. The problem is we talk about the markets in such a negative way and everything going on and ignore positives it brings on recession because people get so negative. Maria feedses itself. Front page of wall street journal. That is what the fed is worried about. Higher oil prices right now would be terrible. I dont want opec to cut production, because Lower Energy Prices are giving at least consumer economy here a lift, a little bit of support. If you have Higher Oil Prices just because they cut production, then you do have a recession. I think there are some strange things here when sweden, when. Pan says, heres bond. Guess what . You have to pay us if you want to hold this bond. Thats what im talking about that is a new element in the Global Economy. Maria its a new element. Big picture, people have lost faith in Central Banks to basically boost global growth. Theyre still trying. Its not working. Just for viewers point, just to understand it, when someone says you have negative Interest Rate it actually means the currency youre hold something going up in terms of its purchasing power. Stop thinking about the dollar as fungible asset. Think about it as an asset that has some appreciation to it. This is very strange thing for us to speak of, particularly People Like Us that grew up in inflationary environment. Deflation, maria . That is the death knell, the death star if you will, first order death star that really big one that you saw in episode 7 or whatever it was, that will destroy the economy if we dont get it right from central banking point of view. Maria is there this feeling if they have to go negative theyre done. They have nothing else going on in terms of the tool box. Could quantitatively ease. Could redo quantitative easing. Theyre out of ammo. One of the reasons markets are plummeting that was the last put. Now it is being pulled away. Maria today we got a little bit of a breather. Were looking at rally. Jamie dimon buying stocks. 23 million of his own money. Maria 26 million of jpm stock. John brennan, a new warning about new deadly attacks isis is using on the battlefield. Thats next. I think it landed last tuesday. One second its there. Then, woosh, its gone. I swear i saw it swallow seven people. Seven. I just wish one of those people could have been mrs. Johnson. [dog bark] trust me, were dealing with a higher intelligence here. The allnew audi q7 is here. For your retirement, you want to celebrate the little things, because theyre big to you. And that is why you invest. The best returns arent just measured in dollars. Td ameritrade®. My lineage was the vecchios and zuccolis. Through ancestry, through dna i found out that i was only 16 italian. He was 34 eastern european. So i went onto ancestry, soon learned that one of our ancestors we thought was italian was eastern european. This is my ancestor who i didnt know about. He looks a little bit like me, yes. Ancestry has many paths to discovering your story. Get started for free at ancestry. Com maria welcome back. Standoff at a wildlife refuge in oregon finally over. Cheryl casone with details and other stories. Good morning, cheryl. Good morning, maria and guys. They occupied a wildlife refuge in oregon past 41 days turned themselves in peacefully. There were concerns about violence. No one was injured. No shots were fired according to statement from the fbi. Facebook is under pressure from Government Officials to more aggressively Police Material it views supporting terrorism. Wall street journal is reporting that facebook is assembling a team helping find to remove posts about groups that support the islamic state. This coincides with comments by cia director john brennan that isis has used chemical weapons on the battlefield. Listen to this. We have a number of instances where isis used chemical munitions on the bats he will field. Artillery shells . Sure. Isis has access to chemical artillery shells. There are reports that isis has access to chemical precursors and munitions they can use. Heres the deal. The agency believes isis has the ability to make small amounts of mustard or chlorine gas, guise, for weapons. This is not really new news. Fox news reviewed photos last year from the battlefield of evidence of chemical weapons. We know that assad has been using chemical weapons against the syrian opposition. The question is, what are we going to do about it . He goes on 60 minutes which debuts sunday, we have evidence. Really . Weve known that for several months. Maria it was a question, when, not if, dagen, when isis would get their hands on it, right . Right. But it begs the question what are we doing as a nation, right . I was reading because i follow twitter so closely, john mccain tweeted yesterday there was report on syrian conflict finds 11 1 2 of the population in syria has been injured or killed. He said that the is stands by as the slaughter continues. And thats what is going on. As we debate it on, during these president ial debates, we stand by and are doing paltry little. But you also have president ial candidates calling for allowing assad to stay in power. Anybody that is in the process, understands it from the military, pentagon or the state department, and take as nonpartisan view recognizes that you have to get assad out power if you reset the field. But doesnt that open up pandoras box even more . What happened in irrook is what led to, to isis, what we know now. Maria the problem if you want. Maria welcome back. Headlines and Production Cuts coming from opec boosting the price of oil late yesterday. Phil flynn at cme group. Phil, when the headline crossed it was a gamechanger for the markets. Sold into it by at the close, but helped broader markets come off the lows. It was gamechanger, maria. Looked like oil was getting ready to collapse. Made new lows for the year. Lowest level since 2003. All of sudden headline, boom, all of sudden Oil Prices Start to turn around. Wasnt so much about a proposal to cut Interest Rates from a opec country t was who was doing proposing. United arab emirates has been against any type of Production Cut the entire time. They are the strongest allies to saudi arabia and in op