Transcripts For FBC Mornings With Maria Bartiromo 20161128 :

FBC Mornings With Maria Bartiromo November 28, 2016

Together no matter who you are, republican, democrat, gender, whatever it is and look forward to the to the future. Thats what President Trump is going to do and thats what we want to do and complete distraction and a fraud and something that they should drop. We will see what happens. Its a legal right. Its not a big deal. I dont think anybody, secretary clinton or anybody knows there will be profound changes, we will see what happens. Dagen closer look as to how this will play into the transition effort. To cuba funeral proceedings for fidel castro get underway 9 00 a. M. Eastern time and the first direct commercial flight from the United States will land on that island just ahead of that. Tesla rolling out its auto pilot update. The upgrade coming to vehicles in the next coming weeks but the weight wont be over. The details ahead. Oil prices driving the market action, crude dropping more than 14 ahead of opec meeting. You have crew down just about 3 cents a barrel at the moment and you take a look at how thats weighing on markets around the world. Here in the United States, first look, futures across the board. After another day of record for all your major market gauges on the short and trading day of friday. In europe, markets are moving to the downside edging lower, the dax in germany down off by tenths of a percent. Only the nikkei loses a little bit of ground, we have all that and so much more coming up this morning. With me maverick Morgan Ortegus and trump executive Commission Member Anthony Scaramucci. Anthony thats a mouthful. Dagen mouthful. You do have a day job but today is cybermonday. Dagen and then harlan hill. He converted republican. [laughter] dagen are you buying anything today . Anthony Harlan Harlan thats all i wear. [laughter] fox news sen senior judicial analyst is here. Former president ial candidate and u. S. Embassador to the United Nations Bill Richardson. If you missed on the thanksgiving sales saturday, my personal favorite, today is your chance, cybermonday sales are officially online. Analysts expecting the Largest Online shopping ever as more americans shop on the phone and computers for hunt for details. National Retail Federation survey show that less fewer people are braving braving the stores and instead opting to go online. Online friday surpassed 3. 3 billion and for the first time in u. S. History mobile sales passed the billion dollar mark. Compare that to 99 Million People in store. Youre still searching for the perfect bargain, we have you coming covered. Hillary clinton is backing jill steins voter recount in wisconsin. President elect donald trump fired a series of tweets on the subject yesterday writing Hillary Clinton conceded the election when she called me just prior to the victory speech and after the results were in. Nothing will change. Trump also wrote, in addition to winning the Electoral College in the landslide, i won the popular if you deduct people who voted illegally. Thats driving action. Listen. It is a total and complete hypocritical joke that the group of people that thought that they were nervous about president elect trump not concede rg the people that are conducting recounts in states where we won by 68,000 votes. It is not a serious effort to change Election Results. The question for the democrats, why are you doing this, by the way, what does president obama think of this recount. He has eight weeks left to finish out his term and i think its quite small of jill stein and Hillary Clintons council and perhaps her to interfere with the last eight weeks with president obamas legacy. President obama and President Trump speak regularly. They spoke at length and trying to move on and form a government. Its time for the hillary supporters to do the same. Dagen congressman kingston, what is your reaction to all of this and the irony that there were so much outrage from the in america. For jill stein is relevancy and money. Probably shes doing guilty therapy that she can say i realize i may have played a part and now i feel guilty with my whacko basefor Hillary Clinton n this after she kept using horrifying, its just ridiculous. To me its offensive as an american. Dagen the Clinton Campaign has seen no actionable evidence of vote hacking. They said that in a statement over the weekend and the Obama Administration and a couple of different statements said that it had concluded that the election was free of interference particularly related to russian interference in the election. But anthony, i have to raise this issue with you, why would trump tweet that millions of people voted illegally . Why would he tweet that . Anthony you have to ask mr. Trump that. He won in 2600 counties. That the biggest footprint. Like a verizon cellular map. Biggest footprint. On the wisconsin thing she got 33,000 votes, he got 1. 4 million votes and the fact that shes channeling that and calling for recount is absurd. Hes probably upset. My guess is when he becomes president he will reduce the number of tweets that hes tweeting, but the flip side of this thing if it were in reverse and she was president elect and he was doing this right now, there would be 15 Media Outlets and every anchor would have their hair on fire. Dagen if trump would lose all three contested states so far, pennsylvania, wisconsin, michigan, he would not lose the election, he would have to lose he would have to lose all three of these contested states to lose the election and i want to point out that nate silver looked at wisconsin specifically and said there are no anomalies in that state with the votes machines because other states that had paper ballots there were no differences. Anthony the real question for the congressman is why would they be doing this . I call on le. Dagen morgan. Morgan the biggest losers are the American People. Legitimacy. Dagen i once worshiped duran duran. Anthony the president , i give them a lot of credit. President called to concede. She called president elect and concede. Dagen i have a lot to ask you, my friend. A lot. Congressman, great to see you this morning. Congressman jack kingston. Cubans said to begin 9day mourning, details of the memorial surface and first commercial flights from u. S. To havana. There are people who are cheering his death in places like miami. The unofficial start of the holiday of shopping, delivery a win for online retailers, black friday by the numbers. Straight ahead. This is where i trade andrs. Manage my portfolio. Since i added futures, i have access to the oil markets and gold markets. Okay. Im plugged into equities trade confirmed and i have Global Access 24 7. Meaning i can do what i need to do, then i can focus on what i want to do. Visit learnfuturestoday. 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Cheryl the country has rolled out a 49day period with mourning beginning with 2day memorial that starts at 9 00 a. M. Eastern time today. Details have yet to be made public. Cuba has suspended all unrelated Public Events in the wake of castros death, a mass rally is planned for today in havanas plaza de la rovolucion. Timing is everything. Just in time, of course, for the start of castros Funeral Services. The first is onehour American Airlines flight from miami to havana. That plane will be followed by united, jet blue, delta, spirit, frontier, alaska and southwest airlines. The man who shot the video, he said he thought an earthquake had hit the store. Looks like one. If shoppers spent a record amount of monday online for black friday this year, money, excuse me, online, thats recording number from adobe. Online black friday sales surpassed 34 billion and for the first time in u. S. History mobile sales crossed the billion dollar mark. Dagen, apple devices, fkt tvs but the mobile is really the story. Its like 70 mobile shopping like phone shopping and the rest is tablets. So the story is smartphones right now. Dagen prevents jail time for many people. Coming up the dow soaring more than a thousand points just this month. What do we expect with Major Economic news on tap this week. Teslas upgrade to auto pilots to roll out just in time for the holidays, some of the promised features will be missing. Liberty mutual stood with me when i was too busy with the kids to get a repair estimate. I just snapped a photo and got an estimate in 24 hours. My Insurance Company definitely doesnt have that. You can leave worry behind when liberty stands with you™ Liberty Mutual insurance when a moment spontaneously turns romantic, why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. 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Oh, shes an efficient officiant. Way to grow, jeanette. Get paid twice as fast. Visit quickbooksdotcom. Generosity is its oyou can handle being a mom for half an hour. Im in all the way. Is that understood . I dont know what shes up to, but its not good. Cant the world be my noodles and butter . Get your mind out of the gutter. Mornings are for coffee and contemplation. That was a really profound observation. You got a mean case of the detox blues. Dont start a war you know youre going to lose. Finally you can now find all of netflix in the same place as all your other entertainment. On xfinity x1. Were opening more Xfinity Stores closer to you. Visit us today and learn how to get the most out of all your services, like xfinity x1. Well put the power in your hands, so you can see how x1 is changing the way you experience tv with features like voice remote, making it easier and more fun than ever. Theres more in store than you imagine. Visit an xfinity store today and see for yourself. Xfinity, the future of awesome. Its been a recordsetting month. The tow industrial average up a thousand points in november with three trading days to go in the month. Joining us now chief Market Strategist tony, tony, tell me why this could continue. Dagen youre going to rain on this monday morning. I tend to be on the optimistic side and its because most of the time the fed is accommodative. Anthony we want to know if youre optimistic. Dagen so do you. Unless credit shuts down you should never sell stocks into weakness. You end up with a recession, weaker markets, lower earnings and you go sustainably lower. So we havent changed our opinion frankly other than tactical moves since 2009. The mistake we have made on the street of dreams here is when you get increase from Interest Rates from low levels it helps the banks. Until it stops helping the banks, thats when you become negative with higher rates. What level is on the tenure. You have had a snapback on the yield, friday it closed, i mean, the last coast was 2. 359 . Take a look at it this morning. Its not the rate, its whatever the rate is that causes the tenyear curve. It could be 4 on the short end if the tenyear trade is below 4. Its about what is going to make a bank stop lending people money. Its not the absolutele low level of rates. Anthony if its okay, i i wanto embellish it a little bit. Real Interest Rates. At the end of the day real Interest Rates are the demand for money, inflationbased Interest Rates are very different. As an example, if rates are going up because theres a demand for money out there in the Public Sector, stock market always does very well. This is an extraordinary period of 7 years where people want to be negative. The real fed rounds rate what the lend is lending money, it hasnt changed except for once so far and the one coming next month. What if, dagen, you actually get increased activity at the global level, not just the domestic level which comes out this week in gdp in payrolls but increase in global activity, increase in Commodity Prices which we have seen increased commodity and markets make a new high. Dagen spend more money bottom line. You get fiscal stimulus, its had time to work through the system. You get increased margins and increased warnings. Thats where you get the extraordinary move in the stock market which is basically our cause. We have some of the best moves actually in front of us. Again what stops that . Whats the killer to that . As you know, weve been negative in the past, when credit shuts down, when theyre not going give people at this table money to spend. If you give me money, im im gg to spend it. Then im going to use that cost savings to pay my debt, no, im not, im going to spend more. Morgan is it fair to attribute trumps win to this in. Youve taken away the Political Nuclear war head. The thing thats so interesting that you have to remember, when you think of all the election cycles and ive been doing this a long time, i dont remember an election dictating economic activity. Now this one may help but it all comes down how credit was acting before election, during election and after the election. What the political environment can do give you the opportunity to buy weakness. Dagen some Hillary Clinton supporters woke up on wednesday morning, she lost but at least my taxes arent going up. [laughter] hey, ive already spent dagen spend my money better me or the government . Me. [laughter] dagen you know what i mean. That was reaction by many clinton supporters. It totally was. People who typically paid more taxes because theyre in the upper wealth, get the benefit of things like lower taxes even though dagen top 1 pays more than 90 . Dagen thank you, sir. Please come back soon. Tony. Will do. Dagen make sure to tune in friday on mornings with maria. We will bring you the jobs report that tony was talking about. We are going to do an hour special at 8 00 a. M. Eastern time. We have special stars here too for that. Still to come fidels castro uncertainty for the United States relationship with cuba. President elect trump plans for that communist nation next. Quick till you drop, roundup of best deals that you can snag on today straight ahead. Dagen welcome back, im Dagen Mcdowell. Its monday november 28, 6 30 a. M. Eastern. Massive black friday for retailers and its not over yet. Biggest Online Shopping day ever. The world reaction to the death of cuban dictator fidel castro but with the leader gone the republicans are warning that the u. S. Cuban relations we didnt get Prisoners Released or cubans in the island cant be free. We have to take a look at the way he ran his country in direct opposition to the freedom and opposition that we have here in the United States. Our number one obligation is to act in the interest of the United States of america. I want to make sure that those are reciprocal. That was not part of what president obama did. Dagen funeral proceedings get underway at 9 00 a. M. Eastern time. Also apologizing for not removing protrump passenger from one of the flights. The tense moment as the man targeted clinton supporters on the plane. Iphone bending to the competition, why apple could debut a curve screen next year and tesla said to roll out an update for autopilot next month. Users might be disappointed. Why the upgrade might be much less. Turn to go

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