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editorial report." we hook ahead to 2024 and a new set of challenges and opportunities for the country. i'm edward lawrence in this week for paul gigot, and we begin with the u.s. economy which defied expectations in 2023 as inflation fell and recession fierce faded. now the santa claus rally in the stock market giving us another record close this week for the dow jones industrial average and the federal reserve signal rate hikes are done and cuts could be in store for 2024. let's bring in jason trennert, he's the chairman and ceo of strategists and investment strategy firm. jason, l...

♪ and the rockets' red glare, the bombs bursting in air -- ♪ gave proof through the night that our flag was still there. ♪ o, say does that star-spangled banner yet wave -- ♪ o'er the land of the free and the home of the brave ♪ will: good morning the welcome to to "fox & friends" on this saturday morning, there's your national anthem ask your images of of america. always a great way to start off your weekend. i'm just doing this because i'm, like, saturday morning, the weekend starts on friday night. pete: it does. rachel: we don't really get a pretty night. will: we don't...

Rachel: -- we can now put that to rest. we know that it's somebody who was very much against the decision, the dobbs decision. and so i just think it lends yet another piece of evidence that conservatives have that things always sort of seem to not go get resolved when the perpetrator's on the other side. pete: that's true. on another topic, so you know this week joe biden announced his recampaign, and part of the video included a hot more kamala than usual -- a lot more kamala. not only are joe biden's numbers underwater, but so are kamala's. joe biden's 80, he'd be 82 if he had a second term...

She did that? no. service the, like, sexism, racism -- pete: did a lot of hard work. [laughter] rachel: there's no -- if that's her best defense, wow. will: you know, the american obsession with everything on, whatever, sexism or racism, it's such an interesting eraser. it erases your personality. there are people who go through world probably just like morning television, what's right word to use? you know, jerks. the way they drive, the way hay interact with other human beings, and everyone was watching -- knows who's watching he's a jerk. and that jerk walks around, man, everyone else is ra...

Are they going to go to war? >> i don't think the top candidates are. >> kamala too. >> yeah. >> are they going to go to war? are they going to wait for cory. >> they're going to let them -- >> the pie charts. >> they're going to do the suicide mission, and the top three candidates are going to try to establish themselves as trying to be electable. elizabeth warren hasn't attacked many people. bernie sanders didn't. he left it to his surrogates. >> enough about the emails. >> he's the guy, i'm not going to do that. i don't think we're going to get this big melee from the top three. >> i would ...