President. Its a big week for your monday very clearly and then, theres the oscars. Hollywood tried so hard for a politically correct beat up on trump festival, but everyone is talking about the embarrassing chaos that ended the night. I just wonder if the rich trump haters in hollywood will give back the tax cut that President Trump will give them . [laughter] dream on, varney. Varney company is about to begin. Theres a mistake. Moonlight you guys won best picture. This is not a joke. This is not a joke, im afraid they read the wrong thing. This is not a joke, moonlight has won best picture. Moonlight best picture. Stuart almost laughable id say. Thats the moment that everybody is talking about as last night oscars, la la land was read and they were handed the wrong envelope. Liz i almost thought that was the selection for the new dnc chair. Hey, they made a mistake. I thought jimmy kimmel was outstanding, funny, what are you going to do. Ashley we understand the investigations are underway to see if the russians were involved. Stuart i liao i like that. [laughter] tammy bruce. Liberalism, obsessed with nothing to do with their job. Bashing trump to the point they didnt do their job and screwed up the ending, what liberals do, always done and that was a microcosm of what theyve done to themselves. I thought it was fabulous. Stuart that comment was dripping contempt. Good stuff. They were trying to tweet at trump and handed out the wrong envelope. They cant focus, dont no what theyre doing, smug and screw everything up. There you go. All protected free speech. Stuart the judge is with us. [laughter] you can tell, okay, okay, get his two cents in worth right there. Stay quiet for a second. Lets deal with money, shall we . Do not expect a big pullback at the opening of trading this morning. Maybe you expected a pullback after the huge runup that we have, its not going to happen. Were down maybe 15, 16, 17 points at the opening bell. How we close, thats another story. Going by the wiltshire 5,000 total market index weve added nearly 3 trillion in value to americas corporations since the election and dow gained 2,489 more than 13 . Weve had 11 Straight Record closes running up until friday. Liz thats right. Stuart you could have expected a pullback on a monday morning, could have expected it, doesnt look like its going to happen. Liz this run began the day after rather, yeah, the day of, the day the president said the tax cut plan is coming, so if it hits 14 that will be a historic record the most ever. Stuart tammy bruce, none of this on the lefthand side of the screen thats a whopping rally, huge increase in wealth. Where is it covered . The business section does not mention it at all, zero, its not there. This is historic, this is really transcendent experience. But as you mentioned in your opening remarks, theyre ignoring it and pretending it didnt happen, just like they ignored the barack obama economic failure. The liberals dont know how to deal with the economic dynamic if its bad or good, but this clearly shows an indictment of obama, youve got a Record Number of americans in the last eight years now are happy with the direction of the country. Optimism is something that trump has brought naturally and interestingly, stuart, that even though the media hasnt covered it, americans know things are better. Theyre deciding that the future looks good. They dont need the media to tell them. Stuart i thought it was an astonishing omission. The want ads at the back page e looking at the New York Times business section, you found a want ad. Advertising in the future theyre going to tell the truth about the economy. Look how small that section is. Costs you less than if you got it yesterday. Stuart no, didnt get a discount, i bought it sunday morning. Ill bring in the judge formally to address the serious issue. The white house wants to know who is doing the leaking. Spokesman sean spicer resorted, i should say, searching staffers phones. How does a libertarian feel about the boss searching a staffers phone. Let me tell you how the constitution feels. If our bosses asked for our phones, this one is owned by fox, all kinds of fox material on it, i have no expectation of privacy, i have to hand it over, but our bosses are not the government. The government is regulated by the Fourth Amendment which guarantees certain rights to privacy absent a search warrant by a judge. So there are real Serious Problems with someone in the government taking a government phone back from someone that works for them unless at the time they began working for the government they waived their rights. I havent seen the documents that these people signed when they started working there. Stuart youre on thin ground. Im on the ground of the constitution. Stuart your interpretation of the constitution. Pretty much standard interpretation of the constitution with respect to telephones. Stuart the constitution doesnt mention telephone. It mentions persons, houses, papers and effect. And the computer chip is an effect. Stuart are you going to sue . Are you going to sue spicer on the grounds he has no spicer didnt take my phone. If he did, it would be you have no standing in court. Correct, correct. But the people whose phones he did take, now, i understand he demanded government phones and requested private phones, and everybody in that room willingly surrendered both. Its a serious constitutional issue, but ill tell you, theres another serious leak going on that is far more serious and that is the Intelligence Community concealing and revealing in order to embarrass and manipulate the president , that stuff is a felony. Thats the stuff that the fbi is looking for. Theres 60,000 agents who spy on all americans. Only 100 have access to that information. Stuart no problem with the government looking for governmentowned phones in that event with an intelligence leak, a felony to leak. The leaks that frustrated the president and sean spicer from within the white house are frustrating them politically, that stuff is not a crime, it may violate a work agreement, it may mean they didnt pick people that were loyal to them, thats not a felony, but when the Intelligence Community lawfully listens to what the Russian Ambassador says, unlawfully repeats what its american correspondent says, mike flynn was protected by the constitution whereas the ambassador may not have been, thats the felony right there. The release of what mike flynn said in that conversation. Stuart ive been watching the t tew tewed tudors. Henry the viii, shall we go back to that, the founder of a church. Stuart dont go t on the president s agenda at the white house today. Ashley another busy day for the president. First thing this morning, actually coming up in 20 minutes hell be stopping by the National GovernorsAssociation Meeting and talking, i think, a lot about health care, in particular medicaid because thats administered by the states even though its jointly funded by the feds and states and that will be a big issue for him at the National Governors association and then he has a listening session with health slowing down President Trump. Were a third of the way in the 100 days. Thats an artifical limit, but he made promises for first 100 days. Moving to fast could be a mistake. There needs to be things on the ground moving. The meeting with congress, americans want to see things happen. We dont need it to happen in one more week, but we need to see everybody moving forward to have these things. Stuart the dow is up since november 8th, no, United Health humana 15 , those are Health Insurers, way up since the election. Ashley incredible. Stuart thats fascinating. The democrats held their meeting for the head of the apparatus. Tom perez won. Good coverage for you. A week of a, for the president. He pushes republicans to get his agenda done. Will the g. O. P. Come together . Its i think its a do or die moment, big week. How about this . Playdough, remember it well. Now, for the first time in 14 years it will be made in america, a very small part of the trump effect, perhaps . Nascar driver kurt busch winning his first daytona 500. Dramatic last lap pass got him the victory. Here they come off turn four for the final time. From las vegas, the 2004 champion of the series kurt busch for gene haas and tony stewart, wins the daytona 500. I realize that ah, that 100k is not exactly a fortune. Well, a 103 yeah, 103. Well, let me ask you guys. How long did it take you two to save that . A long time. Then its a fortune. Well, im sure you talk to people all the time who think 100k is just pocket change. Right now were just talking to you. I told you we had a fortune. Yes, you did. Getting closer to your investment goals starts with a conversation. Schedule a complimentary goal Planning Session today. Ugly news this monday morning, weve got another report of vandalism at a Jewish Cemetery. Ashley. Ashley yeah, in the philadelphia area, 500 headstones have been vandalized. Now theres a reward offered of 13,000 foundation and the local Police Department offering reward money for this. This comes as last week we had an attack at a Jewish Cemetery over 150 headstones were toppled in st. Louis. So this is certainly a very disturbing trend. The Israeli Foreign minister releasing a statement saying cemetery desecration is shocking and a source of worry. Stuart not good. Thank you, ashley. Over the weekend, obama holdover thomas perez was appointed chair of the dnc. Basically thats chairing the party apparatus. Keith ellison, he appointed tom perez appointed him as the vice chair and brought him on board. And taking a big shot at President Trump, roll tape. Our unity is our greatest thing and our unity is Donald Trumps greatest nightmare. He hasnt proposed anything except chaos and carnage. Stuart an interesting expression. Congressman tim ryan we call him a centrist democrat from ohio. Are you happy to see tom perez chairing the apparatus so to speak and Keith Ellison as a vicechair, as a centrist, are you happy about that . I think that tom perez defended working class people. When he was at department of labor one of his accomplishments was making sure people that work overtime are paid overtime and i would think a lot of workers over the country whether they voted for donald trump or Hillary Clinton running a party that champions overtime pay is somebody thats going to be in their corner and i think that tom perez will be in their corner. Stuart you didnt answer the question, congressman. Do you think this is the party of the center now, tom perez, is he a centrist . Is he . I think hes a progressive. I dont think theres any question. Getting into labels at this point i dont think is really indicative of where we are in our economy. We need an economy that works for everybody, thats actually sustainable and that means we better have policies that, in my estimation, mr. Varney, are progressive and that means we need to lay broadband all over the country so people can compete for these new Technology Jobs that are getting locked into the coastsment we need help in the midwest to build that out. We need a smart grid that allows us to move to a cleaner Energy Economy and when we talk about laying broadband and redoing our grid youre talking about putting average people back to work making good money. I heard a story of someone laying google fiber up in new york making about 50 an hour. Those are the good paying jobs that the democrats are pushing for. Stuart congressman, im surprised to hear this. We want surely a policy, an Economic Policy which is going to grow the economy. Lets get back to 3 and 4 growth. Do you think the building out yeah, of course, but do you think that laying out broadband is a major growth policy . Oh, theres no question about it. It is absolutely the future and its the equivalent of not having roads or waterways going to your community 50 or 100 years ago, youre locked out of the economy. We need an intellectual Infrastructure Program and i will tell you that there are a lot of companies in places like youngstown, ohio that find it very hard to do advanced manufacturing work, whether its for the Defense Department or big corporations because we literally dont have the broadband capability to download the files necessary to do the advanced manufacturing work. Youre locking out ohio, wisconsin, michigan, those states that went for trump because we dont have the capability and we can put those people back to work. Were still waiting for donald trump to propose his trillion dollar infrastructure bill and open the steel mills and coal mines like he said he was going to do. Democrats are providing a realistic plan forward. Stuart okay. Got it. Mr. Ryan, congressman ryan, look, thank you very much for being with us, sir. Well look forward to a centrist Democrat Party emerging, thank you, sir, appreciate it. Im not being sarcastic. Okay, im trying hard here. [laughter] Goldman Sachs says sell tesla. They have a concern over the model three launch and the solar business. Goldman sachs speaks and tesla goes down close to 4 at opening bell. We will have a very small decline for the dow industrials at the opening bell this morning. Many of you may be tuning in expecting a selloff, especially bearing in mind the huge runup that weve had the past few weeks and months. Well, were going to be down 2 or 3 points. Thats it. Well be back with that. Your Insurance Company wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. This broadcast is being watched live by millions of americans and around the world in more than 225 countries that now hate us. I want to say thank you to President Trump. I mean, remember last year when it seemed like the oscar were racist . Hold on. [laughter]. Stuart well, i dont know about you, but i dont think that was terribly funny with jimmy kimmel taking shots at the president hardly upbeat. New poll, wall street journal here we go, 60 of the people contacted say theyre hopeful. Theyre optimistic about of the future of the country. 40 say the country is headed in the right direction of the only 18 who felt that way in july. We have changed. Ash, liz, thats where the marketare. Liz and 51 say the media has been critical. He has a 48 disApproval Rating, but when you dig deeper into the numbers its a different story. Stuart it is a different story, ash. Ashley favorable ratings are going up from december so its headed in the right direction, but no one is going to tell you that. If you believe the Mainstream Media everything is in chaos and were all in terrible trouble and were all, you know, its a dark day every day. Stuart a dark day. Ashley look at the market. Stuart in approximately 4 1 2 minutes time the market will open up again this monday morning and remember, please, were coming after 11 Straight Days where the market moved up each and every day. How much are we going to be down at the opening bell . 8 or 9 points, thats it. Watch that market opening for trading moments from now. [phone ring] hello. Hi, its anne from edward jones. Im glad i caught you. Well im just leaving the office so for once ive got plenty of time. Whats going on . So those financial regulations being talked about . They could affect your accounts, so lets get together and talk, and make sure everythings clear. Thanks. Yeah. That would be great. Weve grown to over 900 billion in assets under care. By being proactive, not reactive. Its how edward jones makes sense of investing. Companies across the state are york sgrowing the economy,otion. With the help of the lowest taxes in decades, a talented workforce, and worldclass innovations. Like in plattsburgh, where the most advanced transportation is already en route. And in corning, where the future is materializing. T us help grow your companys tomorrow today at esd. Ny. Gov all right. 15 seconds to go on this monday morning before we open up that stock market again. Were likely to open up ever so slightly on the down side. Many of you may be surprised, many of you may have been expecting a real big selloff at some point, maybe this monday morning, its not going to happen. Its 9 30, the trading has begun. How have we begun this monday morning . Ill tell you were down 16, 18 points, thats hardly a selloff. 20,800 is just about holding in the first few seconds and theres a lot of red on the lefthand side of the board. So quite a few dow stocks are down, but not enough to pull that index below 20,800 in the very, very early going. All right, who is going to cover the market for us on this monday morning . Ill tell you now, its ashley webster, liz macdonald, Scott Shellady still in london no, hes not. Thank god hes come back and keith fitz from the ever present west coast. The dow coming off 11 Straight Days. I dont see signs of a huge pullback yet. Keith, were you expecting one this morning . No, i wasnt. Weve got a lot of money on the sidelines, a lot of confidence building. If you look at the wall street journal what happens to the people as opposed to the intellectuals.