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Negotiations stalled and each side blaming each other. president trump, as you heard, is threatening another round of tariffs, coming from the chinese have hurt u.s. farmers. where did this lead everybody? most of us at home in our pocket books, gene marks with us, nice to see you. gene, president mentioned we're pulling in tens of millions of dollars worth of tariffs, that money is essentially coming from the u.s. consumer, we begin to feel the pain yet when they go to walmart or target or the local grocery store? >> not exactly yet. it is good to see you. it is tens of billions of dollars. r...

And james jeffrey will also join bolton in turkey. >> rich, thank you. wall street had a very rough year. stocks rising in the final trading day of 2018 but not enough to offset all of that selling in december. 2019 new year begins tomorrow. joining us is gene marks. cpa and president of the marks group pc. it was described to me a couple of days ago as we watched the markets go on this wild trek before new year's that it was a zombie market. people were wildly trading and wandering around with new news. does that change with the new year as people have now sort of rebalanced everything out of...

Dollars or even democrat shutdowns over borders. the fed is like a powerful who can't score because he has no touch. quite an analogy. gene marks is a cpa and president of the marks group of financial management firm. and at published colonists focusing on the market. >> thank you for having me. >> lets just put it plain. it's not a pretty picture out there. does it help though that the treasury secretary is calling t reassure them. or does that create a sense of panic? he particularly it wasn't helpful. on the more than 650-point. any day, this isn't really the economy.

Thinking now of getting their taxes in order. what are some of the best moves to help? here to help us, gene marks, a columnist for the "washington post." i think we do this segment every year. >> we do. what do we do? first of all, you meet with your accountant. right? still time to do this. not everybody is crazy about meeting with their accountant. it's the thing to do, plan ahead. big changes in tax reform. one for pass-through organizations. if you're like an s corporation or a limited liability, something like that, big tax advantages for you, maybe. get your arms around that and you mig...

Thinking now of getting their taxes in order. so what are some of the best moves to help you save on your taxes this year? here to help us is gene marks, head of the marks group and columnist for "the washington post." i think we do this every year. >> we do, and a cpa. >> right. okay. what do we do? >> first of all, meet with your accountant. we still have some time to do this. not everybody is crazy about meeting with their accountant, but it's the thing you got to do. so big changes in tax reform, one is for pass-through organizations. if you're like an s corporation or a limited liability,...