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tv   The Intelligence Report With Trish Regan  FOX Business  December 27, 2016 2:00pm-3:01pm EST

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just tweeted luke skywalker of "star wars" fame -- attached a picture from the old days originally as luke skywalker and princess leia. what a shame, 60 years old, the death of carrie fisher. one of many stories as trish regan takes it from here. trish: she was a young woman. thank you so much, connell. president obama blasting president-elect donald trump suggesting he could have won the election if he were allowed to run for a third term. and trump firing back saying no way. we're keeping a close eye on the dow right now. it may hit 20,000 this hour. we're close! could happen. we shall see. i'm trish regan. welcome everyone, to "the intelligence report," i hope you had a wonderful and very merry christmas. a lot to get through this hour. first politics, a big slap in the face for hillary clinton after president obama said he's confident he could have won the election. he would have won the election if he were running against donald trump. listen. >> i am confident in this
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vision because i'm confident that if i -- if i had run again and articulated it, i think i could have mobilized a majority of the american people to rally behind it. trish: president-elect trump quickly firing back on twitter tweeting -- you know, hillary clinton ran on obama's record, let's not forget that, right? that was his record. he went up there and said this is my legacy, vote for her, it's my legacy, it was his record, but you know what? she lost. while the packaging of the candidate with elitist message weren't so great, neither were the policies, there was no there there, to blake burman in washington, d.c., hey, blake. >> reporter: you read one of the tweets there. the president-elect appeared to
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react with a follow-up tweet last night, a couple hours after initial response to president obama, mr. trump fired off another tweet, here's what it said, quoting here -- that's from the president-elect last night. also over the holiday weekend, mr. trump announced he would be halting the charity bearing his name trying avoid potential conflicts of interest while in the white house. however, the office of the new york attorney general eric schneiderman saying in a statement today that its investigation of the foundation will remain despite mr. trump's intentions. meantime, the president-elect also announcing two more jobs today, tom bossert, the former deputy homeland adviser for george w. bush will advise mr. trump in a similar role, and will also be the administration's top leader on cybersecurity issues.
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additionally, the president-elect is now reaching from the trump organization. mr. trump announcing that jason greenblat who is the chief legal officer at the trump organization, a confidant of mr. trump's will be a special representative for international negotiations, those announcements this afternoon. trish: thank you very much blake burman. joining me for analysis, i have leslie marshall and nancy stuffing. good to have you guys. hope you had a wonderful holiday. president obama said i could have done it, confident i could have won. rachel, what's wrong with that exuberance? that confidence he has? what is he missing in all this? >> i think donald trump nailed it. obamacare was a big issue and the premium hikes happened before the election, and everyone knew it was a failed policy and the doctors were frustrated and quitting, and you had, of course, the open border policy, bad trade deals,
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people were frustrated and victory has a thousand fathers, and you know defeat is an orphan, it's clear to me had hillary eked out a win there, president obama would have been first in line to take credit for this, and as you mentioned in talking points at the top of the show, he is the one himself who said hillary isn't the only one on the ballot, i am, too. my policies are too, my ideas and my legacy and the american people looked at the last eight years and said no more of, this we don't want a community organizer in the white house. we don't like those ideas and they put a businessman in the white house. trish: they didn't have a great candidate, leslie marshall, you and i talked about that before, she wasn't warm and fuzzy enough put her in the top job, and she also just was, for whatever reason, willing to ignore big parts of her base, despite the fact thahe husband even said to her get
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out to pennsylvania, get out to michigan, you need these people in ohio. she was a lousy candidate, but that aside, i mean wasn't this effectively just a rejection of the last eight years? the fact the economy has gone nowhere and increasingly in a more dangerous situation internationally? >> no, i don't agree, i know a lot of people disagree with me on that regarding president obama, his legacy in that this, in a sense was a reaction to the last eight years. i think it was more a reaction to hillary. her ignoring, former president clinton saying don't forget the disenfranchised white voters, not talking about the economy. if you look at people who stayed home, the youth that supported bernie, president obama had the numbers overwhelmingly. the african-americans supported president obama, he had those numbers overwhelmingly, so honestly, i think there is merit to what he said, but as a democrat, my first reaction is
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it was more of a slam to hillary than donald trump. trish: if you think about it, leslie, he went out there, he did campaign for a bunch of people. he took unprecedented steps, basically endorsing 150 different democratic candidates in the weeks prior to the election. he was out there stumping, his wife was out there stumping for hillary clinton. he told everyone you got to do this, you got to vote for her, if you don't vote for her, it's a slap in the face effectively to me, and they still didn't leslie, why? >> well, honestly, i do not -- i'm not a big believer in endorsements at all. president clinton who had a higher approval rating stump for individuals including his wife, the last time around in 2008 and this time again, and they have not won, and other races, whether congressional races, gubernatorial races, i'm not a big believer in endorsements. trish: it's the candidate itself. i'll give you this, she was a lousy candidate and didn't
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relate to the people she needed to relate to, i still think, rachel, there is something more going on. you look at what has happened in this country and it wasn't just the oval office, this was a landslide, and the conservatives are in charge now, and there's a reason for that. tell me what it is. >> the reasons are the reasons you mentioned at the top of the show. listen, the people who voted most enthusiastically for obama, single women, minorities, young people. they're the ones doing the worst under the obama economy and presidency, and let me tell you this is how you know that obama has run out of excuses, if you listen to the interview he had with david axelrod this weekend, he mentioned race, he's trying to blame it on race again, and listen, i voted for donald trump. my neighbors, so many of them voted for donald trump, and they're not racist. they are people that are frustrated because they're losing businesses, losing their
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jobs, they feel we have bad trade deals, and here in the midwest, we had an isis stabbing in st. cloud minnesota. these are moms and ds worried about our country, our future and security, and i think for barack obama and democrats to undermine those real reasons, those very legitimate reasons with overtones of racism is offensive and part of the reason they're loseing. >> i hear you, whole lot bigger than the color of someone's skin. good to have you here. want to get to another big story, that's the obama administration is turning its back on our friend, our longtime ally israel by abstaining to vote on a u.n. resolution condemning israeli settlements. prime minister benjamin netanyahu clearly displeased by the move. he came out and tweeted -- effectively what we did?
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this comes as israel's ambassador to the united states says he has evidence proving the obama administration is behind that u.n. vote. watch him here. >> we have that evidence, and as i said earlier, we're going to present it to the new administration, if they choose to share it with the american people, that will be their choice. we have evidence, it's very trish: joining me former u.n. spokesperson richard grunnel. what do you think president obama's real objec
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between the israelis and the palestinians, not unlike many -- trish: bring the viewer up to speed. typically, we stood with israel, israel is our friend, our ally, this is the way it has always worked until this presidency. not going to pick sides in this negotiated settlement about a land deal. this is a dispute between two countries, and frankly, having the security council, 15 countries pronounce on this issue is really a problem, they're picking sides and telling countries to punish israel for not giving land to the palestinians. >> let me get on donald trump's tweet here, rick. he tweeted out the united nations has such great
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potential but right now it is just a club for people to get together, talk and have a good time. so sad. you worked at the u.n., tell us about it. is he onto something here? is the u.n. increasingly losing its ability to effect change and with this -- how should we be reacting to this latest move? involved and just abstaining, we know that this has happened. i look to the french ambassador
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to the u.s. who told me that he was trying to work out some language so that the united states could go along with this resolution, so clearly the u.s. has been involved from the beginning. trish: you think the israelis are onto something that they have proof they're going to share with the new administration? >> i think we all have seen the proof coming out the last weeks and months. trish: rick, thank you very much for your perspective. >> thanks, trish. >> the markets are close, to 20k, hanging in there at 19,957. all the indices trading higher as we continue this tick upwards. our own nicole petallides is standing by at the floor of the new york stock exchange, and what are you hearing down there? could it happen this week? could it happen in the next 45 minutes? >> reporter: it certainly could happen today any, day this week, early next week. so hard to say. you talk to the traders, they
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give you the 50-50, thumbs up, thumbs down, rain dances, people who wore the trader hat, they say take that off, it's never going to hit. there is so much superstition, we are eagerly awaiting 20,000, a great psychological number. the dow is up 25 points, 19,959. they are optimistic. they heard a lot of the trump policies, they like how that could affect things, also that we'll hit 20,000 in the near term. the last two weeks have a move of about 1.5%. last week we gained half a percent. the banks have gained 20% since the election and seen markets that drive the economy higher. i will say this, the last point, which is dow 19,000 to 20,000, what we're trying to beat out, 1999 because right
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now we're at 23 sessions, quick, quick speedy turnaround for 19,000 to 20,000 and the question is whether or not we could reach this 24th session which is the all-time record in 1999. we might have two records if we hit it today. trish: thank you so much, nicole. keeping an eye on it. mall mayhem, fights breaking out, reports of gunfire, spreading rapidly via social media. one mall in colorado was evacuated and closed after 500 people began brawling. is this what it's come to? can we not ensure people's safety anymore? we're talking about it next. [vo] quickbooks introduces jeanette.
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out in shopping malls across the country this weekend. this is unbelievable. you're looking at a fight that happened in manchester, connecticut. in some cases there were false reports of gunfire which caused shoppers to flee for the exits in a stampede. in colorado, 500 people were involved in a massive brawl that shut down the mall. and now some are saying social media had a hand in all this. i want to go to jeff flock in chicago with some of the details on it. jeff, wow! i don't like shopping the day after christmas, i'll just put that out there, nor the day after thanksgiving, now i definitely don't want to do shopping the day after the big holidays. >> reporter: usually black friday when you're fighting over the big-screen tv or the cabbage patch doll. this isn't about anybody buying anything, and hard to believe this wasn't coordinated in some way. in some cases in the one outside cleveland in beechwood
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ohio and aurora, colorado, authorities say there was activity in social media in advance of this. but despite the fact that the incidents happened late in the evening yesterday and about the same time at different places around the count three, is no evidence that any of them were coordinated nationally in any way. one law enforcement official said it's just kids that maybe cooped up too long for christmas and came out to the mall and the mall is a place where people come together, chairs start falling down, it sounds like gunfire, pretty amazing it was this many locations. trish: awful, awful, thank you so much. jeff. sad news today out of hollywood, carrie fisher died at the age of 60. known for iconic role in "star wars" as princess leia. she suffered a massive heart attack in a plane friday and rushed to a los angeles hospital. that is where she died this
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morning. carrie fisher was part of hollywood royalty, the daughter of debbie reynolds and eddie fisher and survived by both her mother and daughter. president-elect donald trump assembling a war room, a war room so to speak to defend cabinet picks, democrats have vowed to stand in his way, setting up a showdown on capitol hill are we gearing up for four years of fighting and bitter opposition? will democrats work with this president? they may have no choice. we're on it next. ge... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. whfight back fastts, with tums smoothies. it starts dissolving the instant it touches your tongue. and neutralizes stomach acid at the source. ♪ tum -tum -tum -tum smoothies! only from tums
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. >> i have no intention of pretending everything is all right, that we're going to work together. for me, i'm going to fight him every inch of the way. this business of calling names and lying and, you know, retreating on your promises, et cetera, why should i trust him
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to be any different with me? trish: she's going to fight him every inch of the way. productive, right? congresswoman maxine waters promising she is not going to work with the president-elect donald trump. no wonder donald trump is preparing a war room to prepare his cabinet picks. are we gearing up for four years of bitter fighting? is this the way democrats are going act going forward? joining me washington examiner editorial director hugo gordon. that sums it up. maxine waters may be the worst example of this, i would hope for more from most politicians, but the democrats, they seem like they're digging their heels in the sand and they want to fight everything? >> yeah. they're out for blood, they want to wound donald trump and want to make sure he's a one-term president. and they are going to go after his nominees, they obviously can't attack the white house staff, people like general flynn, but a lot of cabinet
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appointees or nominees who are going to go up there and want to draw blood. they're going to go after him. trish: rex tillerson, steve mnuchin, rex tillerson did business, steve mnuchin, a goldman sachs guy, betsy devos does not like teachers' unions, wilbur ross is a billionaire, he's out in waters' book, they'll fight that one tooth and nail and, you know, all the things they're saying about senator jeff sessions, and goes on and on, how far is this going to get him? >> they have a problem, and what we need to remember is that the democrats put themselves in a terrible position because it was harry reid who destroyed the process by ending the filibuster for nominees. so if the republicans stay united, they can ram these through. i think what this means is the democrats will not go after
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them primarily for policy. they'll be going after them for character, and rex tillerson is a great example of the what they'll do is comb through his tax returns, comb through fortune, try and tarnish him about his relationship with president putin of russia and his ties with russia. it will be very, very personal, very nasty and the idea will be to tarnish the nominees -- trish: they're going to see the stories to the mainstream liberal media. they will try and hurt all of the people in any way, shape, or form that they can with the goal of somehow, what, putting pressure on a few republicans that might get on other way. the rand pauls, maybe marco rubio? >> there's one or two. people like senator lindsey graham expressed reservations about tillerson. what we have to remember is this ugly circus the nomination process has become started in 1987 when the democrats decided to go after robert bork and destroy his character, they
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turned nominations into character assassination and gotten worse and worse ever since. trish: this is smart to establish that war room. you need to react quickly to everything that they do and they say and defuse their power that way. what do you think is going into the makeup of? >> it looks as though there's going to be each of the nominees is going to have what they're calling the media sherpa and a policy sherpa. a lot of the nominees have not been in government before. they need to be brought up to speed quickly so they don't stumble and create ammo for detractors and democrats to criticize them with. so i think --. trish: that's fair, and that should be done no matter what. that was within their own control, right? can you control that. if you're one of the individuals tapped for a position, by all means, you better be up to speed before the media starts grilling you. what concerns me is how things
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get manipulated and taken out of context and that is therefore part of the character assassination that you're talking about. how do you do that? >> absolutely right. that's why you have the media handlers, you make sure first of all, the war room has to be rapid response. as soon as anything comes out, they have to be able to respond quickly. the whole war room idea came back from during the first clinton campaign. they would respond instantly because it's always said that the lie can get around the world before the truth gets its boots on. they have to head off the attacks before they can catch fire. trish: all right, well, we wish them luck, mainstream media happens to be sharpening its knives right now. hugo, thanks for being here. >> thanks for having me. trish: under eight years under president obama, the democratic party devastated, losing nearly
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1,000 democratic seats at the state and federal level. 1,000. this guy thinks he could have beaten donald trump? we're on that a little more next.
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. trish: back to the markets because we are really close to 20k, we hope it happens within the next 30 minutes, i hope it happens, you hope it happens. nicole petallides, will it? i guess it doesn't matter, right? we're going to get there is the some point. everything is higher right now? >> reporter: it matters a lot.
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it's a lot of fun, it's a psychological level, shows optimism in the market. if it happens on "the intelligence report," that wouldn't be a bad thing, right, trish? the dow up at 19,961. we got within 20 points of dow 20,000. but i will say these round numbers are really higher to break through. we'll go back and take a look at names that helped us gain over 1600 points from 19,000 to 20,000 almost, the names such as, for example, goldman sachs, attributed for about 400 points and the other four names, which would be united health, jpmorgan, boeing and travelers would be about 400 points to put them altogether. some of the names we're watching. getting through the 20,000 mark, if you remember in 1999 getting through dow 10,000. we danced around about a month. then broke through and moved to the upside, and quickly just to reiterate, the speed of this,
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in 1999, it was 24 sessions, it was the record fastest ever for the 1,000 point move, and now if we hit it today, we'll beat it because we're at 23 sessions. trish: fingers crossed. thank you so much, nicole. one of the things we're asking into the end of the year is what exactly is president obama's legacy going to be? karl rove was on the show with me friday and basically said it's not going to be good. he's going to go down in history as one of the worst ever, you think about the lack of economic growth. 1.8% annualized for eight years, that is nothing to write home about, folks. the creation of isis that happened under president obama's watch. you look at our deteriorating status in the world as a world power, and sum it all up, there's one guy to blame. president barack obama. and this may be one of the reason yes, he lost more than 1,000 federal and state-level democrats. they were denied power during
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obama's time in the office, so why now would democrats choose to continue operating under this kind of leadership, with these kinds of principles? don't they need to change? you need a new mo, it's not working. joining me leslie marshall and rachel campos duffy. leslie, i think we can agree on, this right? it's time for change. you had a golden opportunity, you lost out, whether you want to blame hillary clinton as a lousy candidate, that deserves the blame. whether you want to blame president obama, that deserves a lot of blame. the reality is there's plenty of blame to go around and you got to start over, but with the likes of nancy pelosi running stuff, how do you do that? >> well, i'm one of the minority of democrats who felt it was time for a change or have a representative as a leader in the house for the minority from a rust belt state.
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a blue collar statement but we're not havinghat. going forward, you need change even if the leadership hasn't changed. obviously something didn't work and there are a lot of opinions as to what that is. but the bottom line is going forward, democrats need to change, that doesn't mean they've become republicans and embrace things that not only democratic voters in the popular vote, the majority of voters did not want. trish: this is where it gets tricky. you think about union voters, right? blue collar democrats were so much a part of your constituency for so many years and trump brought them all in, he talked about stuff they would have thought would have been platforms for the democratic party, but in this move to become increasingly elite, very, very global, rachel, what did the democrats do? they said, look, you know, we should have this free, open society with free, open borders and companies should be able to move the jobs overseas, and so
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those union voters, those ones that used to vote for democrats in office, they said see ya, and now there's a good shot the republican party could bring them in for a while. >> absolutely. i think you're talk about the legacy of obama, his legacy is going to be he became so enamored with the power in washington, d.c., and pushing his very divisive agenda but he was very politically selfish. those elected officials on the democrat side on the down ballot suffered. they basically ceded the state and local government to republicans. and they did that because the guys at the bottom of the tickets had to defend the indefensible. what you just mentioned, you know, policies that were putting people out of work, an economy that wasn't working. politically correct policies that didn't ke sense in the midwest, that you can't say
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islamic terrorism, radical islamic terrorism. these didn't make sense to the average man and woman and obama pushed them and pushed them. trish: very academic. >> in blue states as well, exactly, and they lost it, and they lost so much on the local level. >> i think they might lose it, i agree. on the local, and they may lose it for good here unless they start to turn around. and leslie, you say they can't become a republican, i say what the heck is a republican and what the heck is a democrat nowadays? shouldn't we be moving beyond the traditional labels and the parties are changing enough in that globalism for example, something that typically was embraced by conservatives as something that was good is now being looked at by conservatives or relooked at and being rethought in a way that maybe the democrats should have seized. >> you have to look at numbers, too.
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when you have a democrat or republican that wins the white house, the first couple years are good for all of the seats across the board and that starts to change, and certainly no question the numbers have been worst in the column democrats lost under president obama. both democrats and republicans know that using immigration reform is an example, we need comprehensive immigration reform, it's not the goal, it's how we achieve that goal. >> we need borders, but you say, that we've got to reinforce our borders, we've got to enforce the fact we're a country, we have borders, you are seeing as being politically incorrect and insensitive and racist or islamophobic because we let everyone in. go ahead, leslie. >> there is a difference between securing a border and building a wall and becoming completely isolationist from the rest of the world or banning a religion or people from nations that have predominantly one religion.
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these are -- just the wall alone, you can secure our borders without the wall. trish: we're not doing any of it, i'll start with that, rachel. fact that you can be illegal and take sanctuary in a place like san francisco, and, you know, commit a murder or some other crime and there's no reason to expel you out of the country? that's when you say we have lost complete, total common sense and things have gone cuckoo and average american doesn't care about the party anymore? >> that's right. even democrats were saying sanctuary city policy was absolutely ridiculous, and they're looking at a place like chicago with its crime rates and a mayor saying you're safe in chicago, and we know that the murder rate is the highest in the country. trish: anarchy. total anarchy. >> exactly. so anybody who would come out and say i'm going to put america first. i'm going to put your safety first.
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i'm going to put your job first, that person was going to win it. i think trump is post ideological, post party, and the ideas were the most flexible. trish: you are onto something. i have to leave it, there i am short on time. you are absolutely onto something, post party indeed, and the republicans were flexible in that they took them in. thank you so much, guys. included in donald trump's bold agenda for first 100 days is to promise to help parents of the crippling cost of child care which costs more than college tuition in many states. how is he going do that? he's got ideas and we've got a preview. that's next.
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. trish: okay, check back on the markets, we're watching dow 20k, it's going to happen soon. i promise. the nasdaq hitting a record as tech stocks trade higher. oil giving stocks a boost. crude closing out at $53.90 a barrel. trading gher over production cuts sunday. amazon had best ever holiday season shipping a billion items to prime members and the amazon echo was online retailers most popular gift this season. i didn't know about that one. i guess i'm going to have to look into it. we're going to be right back. we have a look at donald trump's plan to help parents with sky high child care costs.
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. trish: here's something that a lot of us can relate, to the rising cost of child care and eldercare. but good news, i think. president-elect donald trump is promising relief. of course, the question is how do you pay for it, right?
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always comes back to that. fox news correspondent alicia acuna has the details. >> reporter: that's the question, how do you pay for it, you mentioned that staggering statistic, most states, child care is more expensive than college tuition, that's nuts. in his first 100 days of office, president-elect trump says he wants to rewrite the tax code and in part wants families to be able to be taken care of, he wants the tax code to reflect the reality of what they're facing, begin with child care first. trump wants mothers who don't get paid leave from employers to receive six weeks guaranteed maternity leave, parents will be offered savings accounts that roll over year over year, those under a specific income ceiling, this includes stay-at-home parents and the government would provide rebates through the earned income tax credit. in nevada which ranks 47th for
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child well being according to researchers, sarah o'grady is hopeful for possible changes because she's struggling and considering a second job. >> i feel like i don't see my kids eugh,ut i mean, i - it's coming down to being able to afford what they need and, you know, i can't be greedy with my time if i need to make sure they're okay and taken care of. >> reporter: at the other end of the spectrum, the rising costs of taking care of aging family number and they are hard to come by, for example, in colorado, the average age of a nurse is 50, and only 5% of nurses go into long-term care. for eldercare, trump wants dependent care savings accounts that roll over and proposing a pretax deduction limited to $5,000 per year.
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karen brown left a lucrative career to care for aging relatives. her mother's substantial nest egg was busted by round the clock care after a stroke. >> we have the medicaid program which helps the poorest of the poor. there's a huge gap of the people who are beyond the poorest of the poor to those people who are considered wealthy that have no resource whatsoever. >> reporter: so now we're up to the cost you were talking about. according to the tax foundation which is nonpartisan, over ten years it could cost up to a trillion dollars. now what trump is saying is that cost will be offset by growth in the economy, and a rewriting of the tax code. trish: we believe watching for all of it. thank you so much for breaking all that down. we'll take a quick break and i'll be right back. rodney and his new business.
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. trish: joining me is bull's-eye brief author and ryan payne, as we watch the market, it's going to hit 20, and it's going to potentially go far beyond, that and they're crediting donald trump with this. lower taxes, less regulation, this is the kind of stuff that investors love. all right, so with that in mind, when is 20k going to happen? and why is it that in the scheme of things, though we get so worked up about 20k0 is not the number we should be watching are? >> 23,000 is the number we want to watch. that is 15% higher than 20,000, and how i come up with that. simple, donald trump, if he is going to lower the corporate tax rate down to 20%, and we have the highest tax rate in the world, he lowers that 15%, you're going to lift corporate earnings by 15%. 20 is too low, we're going to 23,000. that's exactly why.
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i'm unleashing a wheel new opportunity. trish: you're shaking your head no? >> no, i agree. trish: you agree? >> i'm bullish. trish: what's the time span on that. >> if i could give you -- i can't give you an exact date, i think that to your point, surprisingly in the positive. you look at economists at the major firms, they are negative about what's going to happen and my clients are negative, they are bullish signs, surprises are in the positive not the negative. trish: what are the bullish signs that we get the change in policy? >> trish, this is the most bullish, the most exciting time in america in eight years, the seeing out of the white house since the new deal. trish: wow! you sound a lot like ken langone who is on the set the other day and say he is the most bullish he's been on america in 20 years and credits donald trump.
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>> think about ray dalio of bridgewater associates. >> big hedge fund guy. >> who said quote, donald trump is reinventing the architecture of the world. you looked at taiwan phone call which throws out 40 years of closed-door policy with china. you look at what he is effectively doing for corporate america with cutting regulations, right? we're going to get rid of two regs for every new reg, loweri tax rates for not only corporate america but hard-working people putting more money in their pocket. you give one person a dollar, that circulates eight times through the economy. trish: i'm going to play devil's advocate, i'm actually very bullish on the market, for the sake of the bears, i will take that on. the concern, ryan is that interest rates are going to go up way too fast, way toooon and once that happens it acts as a retardant on the entire economy and the markets and
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people not borrow as much money and not able to build as much as they think they can because the cost frankly is just going to go up too much. what do you say? >> i think the counterargument is everyone thinks rates are going to go up. i think they think rates are ahead of themselves. if you look at it, we're not in ultragrowth mode. we're chugging along, the market loves to see slow growth. i don't think there is a magic wand that we see ultragrowth tomorrow. we've had a big move in interest rates. i don't think we argue we see rates come back a little bit because they've moved so much. trish: so much? come on, they've moved half a point now? >> we're within 75 basis points of the lowest they've been in 30 years. we could have the big bad fed, janet yellen like the big bad
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wolf on wall street and raise 100-basis-points and it's not going to make one ounce of difference because rates are so artificially low right now. they're held down, again, raise them, that's just fine, a sign of growth, and if you look at the past four thymesrates have gone up in the past 40 years, it's been very good for the banks. >> oh, yeah. the banking stocks are amazing. trish: goldman up 20%. i hope you're right, i like the scenario. 23,000. that's what we're going to watch for. adam and ryan, good to see you. i'll be right back.
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trish: guess what, my day is not done yet. i am over at fox news channel at 4:00 p.m. i am in for my friend, your friend niel cavuto in addition to intelligence report. i love hearing from you go to my
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facebook show page at trish intel and go to my twitter account, trish underscore regan. don't forget to tell me what you think. >> we are waiting 4:00 p.m. trish, there you go. i keep hearing a lot of the traders come on, let's make that happen today. we shall see. we are on record watch. nasdaq hitting all-time high. that happened today. 5500 mark for the first time ever and we are, a, so close to that dow 20,000 mark. we shall see if we get it. this is good news, record high for s&p 500. we shall see. technology, energy drive-throughsing today's gaines on the s&p. also witness to history, waiting on president obama is going to


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