tv Risk and Reward With Deidre Bolton FOX Business January 25, 2017 5:00pm-6:01pm EST
i wants to get those illegal immigrants who are committing felony and kick them out and put them in jail. melissa: one of the criticisms is he's not going after people who haven't committed crimes. david: here is "risk and reward." >> we are going to win so much you have may even get tired of winning, and you will say please, please, it's too much winning. we can't take it anymore. in president, it's too much and yale say no it isn't. we have to keep winning and we have to win more. liz: it's an historic day for the market. since trump's victory, the market surged 1,700 points, and
no one saw that coming when trump won. welcome to risk and reward. two months and 10 days after trump's victory when the dow broke through 19,000 for the first time. today crashing through 20,000. make it the fastest trip between thousand-point milestones. some critics question whether it's just corporate profits or trump's policies or both. >> we are going to be cutting taxes massively for both the middle class and for come any. but we are trying to get it down to anywhere from 15 per to 20%. it's now 35%. >> just had the most incredible meeting of our careers. we'll work with him and his administration to implement plans on infrastructure, trade
and energy policy so we really do put america back to work. >> i have more peek work on regulations and doing product. >> to say the president was engaged is an understatement. we are a global company and we create jobs across the value change. >> we are bringing manufacturing back to the united states bigley. >> we appreciate the president's courage to walk away from a d trade deal. we are looking forward to working with the president on trade and regulation to create a renaissance in american manufacturing. >> we will build the pipe lines and we want to build the pipe. we want to put a lot of steel workers back to work. >> this is more than a campaign promise it's a common sense first step to cure our porous
border and one way or another, mexico will pay for it. liz: since president trump's victory sprints, kroger, wal-mart, foxconn, sprint, announcing new jobs. why did -- why didn't they announce these job plans under president trump? why now? on top of that trump's cabinet nominees include successful businessmen who want to get america working against, rework old trade deals to kickstart growth. let he go to lori on the floor of the new york stock exchange. >> haters of hype who say dow 20,000 is only a number, maybe they should eat crow.
folks down here were a little excited about it. even though this was the second fastest run, 1,000 point, in history, it still seemed to grind along. with the perfect storm of trump digging in and enacting his pro growth policies, and a decent round of corporate earnings reports bringing the world's eyes and confidence on the u.s. stock market. it enclosed above the milestone mark today. the s & p and nasdaq. those are lifetime highs. let's look at what drove the dow today. boeing. that's a lifetime high. caterpillar, a two-year high. analysts say they are more up pressed with the sales picture than they had been. leading this rally since the
election. goldman action, jpmorgan, benefiting the financials as a sector were number one. i'll send it back to you, liz. liz: great work done there. president trump reacted to the dow's new record. now since victory america's biggest come any have announced billion dollar investments and thousands of jobs in the united states. but remember when president trump said the jobs were not coming back and he criticized and mocked trump's plan. >> for those folks who lost their job right now because a plant went down to mexico. some of those jobs of the past are just not going to come back. when somebody says like the person you just mentioned who i'm not going to advertise for, that he's going to bring all
these jobs back, how is he going to do that? what are you going to do? there is no answer to it. he just says, i'm going to negotiate a better deal. how exactly are you going to negotiate that? what magic wand do you have, and usually the answer is he doesn't have an answer. liz: he had an answer, lifting the blanket of regulation so companies will invest here again. it's been a sahara denon-investment. democrat worker unions are even praising the so-called ruthless 1 experts -- 1 percenter. even bernie sanders is going along. >> we'll work with him and his administration to help him implement his plans on infrastructure, trade and energy policy so we do put america back
to work into middle class jobs that our members and all americans are demanding. liz: my next guest says forget calling this the trump browns. he's calling it a moon bounce. steve moore is the senior economic advisor to the trump campaign. why do you call it a moon bounce? >> i don't think there is any question the 10% rise in the stock market since the election day is in large part a trump rally. we almost hit 20,000 on the dow 3 or 4 weeks ago, then it stalled out and dipped down. some of the investors were worried whether trump would be able to do the things he said he was going to do. now they are seeing it firsthand. this has been an amazing 72 hours. a lot of executive actions have been taken.
the keystone pipeline, there are many and more of those to come. i am not saying there won't be jerky movements in the dow. but the general trend will be upward. liz: dow 18,000 in 2014. now it's down 20,000. you know what's interesting. donald trump is pressing through all sorts of washington, d.c. conventions. the unions love it. who would have thought that. do you think trump can decisively flip it unions to the gop and create a red wall in the rust belt states? >> you know, it's funny you should ask that question. i have been writing about this the last year or two. one of the reasons the democrats lost this election is they stopped worrying about the things american hard hat members care about.
they care about jobs and income. they want energy projects and pipeline builts. the democrats became so subservient who people who fund the sierra club, all they care about is climate change. they are saying we want jobs. we don't want to be sacrificed at altar of your radical climate change agenda. republicans are able to go to these union halls saying we are the ones who are going to create pipe fitter jobs. and it's the democrats in the hip pocket of the radical environmentalists who don't want those prongs. liz: the naysayers were out in force when trump won. george soros said the economy is going to collapse. but it's $2 trillion in gains. what are they saying now?
>> george soros shorted the market when trump wouldn't election. all that money who has gone to people like us came from george soros who lost a lot of money. fall krugman was own a rival net work the morning after the election and he was asked when will the market recover? and he said never. we just had one of the biggest bull market runs in history. so he had it wrong. you have to listen to the people who got it right, people like me. liz, people like you. >> if you look at the policies, if you are going to cut taxes and regulations and do energy projects -- if you cut capital gains and dividend taxes, of course the stock market will rise in response to that. you don't have to be an economic
genius to do that. thanks for coming on the show. >> i love winning. i want to see more winning in the united states. liz: thank you, steve moore. stocks hitting record highs. but guess who is still negative? the media. we get on the one hand on the other hand headlines. but take a look at these headlines. cnbc. dow 20,000. but trump rally starts to slow. take a look at this tweet from cnbc host jim kramer. doing my best to come up with substantive non-trump reasons for the surge to dow 20,000. look who's here, money manager scott martin. we understand that even wall street reporters and journalists
and tv analysts want to cover their bets. what do you make of the negativity in these headlines. are you finding people complaining on wall street? >> not too many these days. but you know what i love about these tweets and comments. they are great because they help push the market higher. when you say look at the ones who came out november 9 and said this is the worst thing to happen in the economy and business. steve moore said this one of the greatest post-election rallies ever. i love the may sayers. because it will help the market go higher. liz: do you see any concerns here? >> there are two things on the rise. one is higher interest rates. we had low interest rates that fueled borrowing and corporate spending.
look at the volatility index. the vicious measures fear and greed in the market. there is not a worry on the front of the stock market. it's when black swans come out that people aren't looking is when the market gets hit. liz: final word. >> i would say if you can pull back in this market 3%, 4%, you have got to buy it. liz: the president pushing forward on a major campaign promise. the president signing executive orders to strengthen the borders. on his signature issue, building the wall on the southern border. we have paul babeau web's still worried and concerned many americans are still in the dark about the dangers on the southern border if the wall does not go up.
back in two. >> we'll build a great wall along the southern border. we have to build a wall. >> we'll build a great wall. >> we'll build the wall. your insurance company won't 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 new car replacement™, we'll replace the full value of your car plus depreciation. liberty mutual insurance. you may know what it's like to deal with high... and low blood sugar. januvia (sitagliptin) is a once-daily pill that, along with diet and exercise, helps lower blood sugar.
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liz: president trump signing an order to build the wall on the southern border. he signed other ordered focused on make american safe again. >> a nation without borders is not a nation. beginning today the united states of america gets back control of its borders, gets back its borders. we'll begin immediate construction of a border wall. [applause] liz: let's recap. the first order includes enacting his campaign pledge to build a wall along the border with mexico. also he wants to create more detention space along the border to make it easier to detain and return illegal immigrants to their country of somewhere gin. and he wants to prioritize the prosecution of criminal i will legal gals.
there will be more tour for federal immigration officers to arrest, detain and remove illegal immigrants. the state department will with hold advisas to make sure countries take their illegals back. they will with hold funds from stinks wary cities. will it work, paul? >> absolutely. some people saw this campaign prom is and thought that's all it was, and lo and behold, here it's only a few days and donald trump is delivering on his promises. this is great news for america, the fact that we are going to empower our law enforcement officers to actually enforce the law. and build the wall, to actually all these fraudulent asylum seekers from central america, guess what, they will not allowed in anymore. they will go after the felony
convicted criminals who are illegals which there are a million to 2 million of which in the united states that pose a continued threat to american families and our safety. and donald trump, people on the left are scratching their head, what's this "america first," like it's some code. that's what it is. this is putting our families, our security, pour national security first. liz: president trump complete with parents of children who have bern killed by illegal immigrants. rough seeing problems with drug trafficking and human trafficking? >> absolutely. we have seen a market increase across the southwest border. many people points offed to the fact they wanted to get across the border before donald trump took office. >> what about terror threats? >> certainly there is a constant
terror threat, and this has been testified under oath in congress. because you have people from all kinds of countries, not just mexico, central america. we have people from countries of interest like syria and somalia and the middle east. this is a major problem. the fact that we don't have a secure border where hundreds of thousands of illegals and all these other people from countries much interest. liz: like pakistan. >> like pakistan and iraq that we don't want here, we have a sovereign right to secure that border to protect our country. hundreds of house of basic illegals can get through. just imagine if a few possible terrorists can sneak through. liz: the interview with trump will play in full with how
mexico will reimburse the united states for the wall. >> are you going to direct u.s. funds to pay for the wall. >> ultimately lit come out of what's happening with mexico. we'll be starting those negotiations relatively soon 367 and we'll be in a form reimbursed by mexico. >> so they will pay us back. >> absolutely 100%. >> so the american taxpayer will pay for the wall first. >> we'll be reimbursed from whatever transactions we make with mexico. >> mexicos presidential says mexico will not pay, it goes against our dignity as a country and dignity as mexicans. >> he has to say that. but i'm telling you there will be a payment. >> her i have, should mexico pay for the wall? >> yes. he has all the here. and the fact -- look at just
trade and what he's alluding to is not just a tariff which could be regressive, but some type of a fee. you will get -- just in commerce, avocados. there is $2 billion of after cow doafs fro of -- $2 billion in avocados that come infrom mexico to the united states. they are our third biggest trading partner just for the state of arizona. the physical barrier will be enforcing the law. liz: other countries really smack down on illegals. they crack down on their borders. why should the united states be any different from hundreds of miles of walls built in europe, for example. countries around the world protect their borders. why should the u.s. not be in that crowd?
>> and we pay for it in other countries. we 28,600 soldiers in korea defending their border. liz: gunshots from the died affiliate al-shabaab in that country's capital. this as president trump signs an order to temporarily ban refugees. committee members will react to that. don't go away. back in two. special edition. this is one gorgeous truck. oh, did i say there's only one special edition? because, actually there's 5. aaaahh!! ooohh!! uh! holy mackerel. wow. nice. strength and style. which one's your favorite? (laughter) come home with me! trade up to the silverado all star edition and get an average total value of eight thousand one hundred fifty dollars when you find your tag.
seven countries where terrorist activities is rampant. plus rescind advisas for six middle eastern countries. there were 10 terror attacks under president obama. that's on top of the thousands of criminal illegal immigrants who committed hundreds of thousands of fell any and serious misdemeanors. joining me former massachusetts senator and one of the ranking members of the homeland security committee. senator scott brown. can the president stop these problems with an executive order? can congress thwart him? >> he has the affirmative duty to deal with this issue. in the last 8 years we have seen the complete opposite allowing people to come in, syrians in particular without being properly vetted.
this is part of the extreme vetting process. i think it's completely appropriate, and i would be shocked if members of congress would go against it. because we have the right as americans to pick and choose who we want to come in and under what circumstances. liz: the reason i asked whether congress can thwart them. it looks like the state department is continuing to resettle refugees until rex tillerson is confirmed as secretary of state. what can happen there? can that still go on? can the president stop what's going on there sooner? >> of course he can. he just needs to pick up the phone and call whoever is working there at the state department. they all work for him. that's one of the reasons rex and others need to be approved. at this point when president trump took over you you had 12.
we have 4 if i'm not mistaken. maybe 5. it's ridiculous. there is no reason the nominees can't be appointed. the va, you've lane chow. it's a no-brainer. let the president do his job and keep our country safe. i'm glad general kelly is there. he understands the southern border. he said we have to close this thing because there are potential terrorist threats and criminal element coming in there to who want to change our way of life. what do you think of dow 20k? >> well, thank god it haphazard on stuart's show. that's all i can say. i listened to you guys talk about it it's a good sign. it shows corporations and others are having more confidence. taking off the wet blanket.
>> the gangs and the drugs that have stolen too many lives and robbed our country of so much unrealized potential. this american cash and stops right here -- carnage stops right here and stops right now. liz: the critics are upset with trump's use of the expression american carnage. despite the constant violence in his city, the mayor of the city says he has some advice for what the president should be focusing on. >> he didn't get elected to debate the crowd size of your inaugural.
you got elected to make sure people have a job, the economy continues to grow, people have security as it relates to their kids' education, et cetera. it wasn't about your crowd size it's about their lives and your job. liz: hundreds of people, many of them young teenagers getting killed in chicago, being murdered. there are assaults almost on a daily basis. president trump responded to that saying if chicago does not fix the horrible carnage going on, 228 shootings in 2017 with 42 killings, up from 24% from 2016, i will send in the feds. brunell donald-kyei is here. god bless you.
should a mayor of a city being criticized as the murder capital of the united states? should that mayor be giving our new president advice? >> i think what he needs to do is sit back and watch and learn with a builder and a doer does like our president donald j. trump. look at all the great things he has passed to protect this nation. we have the executive orders he signed. he's talking about putting money into the inner cities like chicago where the murder rate is crazy. what i think he needs to do is work on -- mayor emanuel needs to work on police and programs for our young people where they can work and be able to do things better than have guns and drugs and things like that. he
needs to find something for our young people to do. and maybe he can start with that money and put that into chicago
to make it a safer and better place. liz: you are in chicago, right? >> yes. liz: some members of the media may need a safe space from donald trump's inauguration speech. >> now as of today american carnage will be forever known as the theme for the inaugural address for the 45th president of the united states. >> the trump tv cities has a title, "american carnage." liz: how does this strike you. it strikes many that they are treating the people who have been murder as rounding errors. >> donald trump is a star. what's happening is you have all these people who are angry with the fact that
he's actually going -- gone into office and is beginning to deliver on the
promises. what i will say to those people is this. donald j. trump is the president of the united states. he is a people-tian, not a politician. what i will say to them is they are attacking the president of the united states, they are attacking me, and they are attacking you, liz, because he's the embodiment of the american people whether you like him or not. love him or leave him. he is the president of the united states and he deserves respect, honor that comes with that office. liz: brunell, love having you on. god bless and god bless america within god bless done paddle j. trump and his supporters. liz: you beat me on the god bless. i almost bite. thank you so much, brunell. come back soon.
liz: the media is in an' uproar after the president is calling for a voter fraud investigation. my next guest is saying this. guess who called for the same exact investigation. president trump. so the attorney general says there have been dozens of voter fraud versus ghaightss his own state. he join me to talk about that next. don't goaf away. so when you need a dog walker or a handyman, we can help you find the right person for the job. discover all the ways we can help at angie's list. that's how i feel about blue-emu pain relief spray. odorless and fast-acting. it soothes all my muscle aches and pains. and it's convenient for those hard to reach places. and if you're like me, you'll love blue-emu super strength cream. it's made with real emu oil, it's non greasy, it's a deep penetrating formula that works itself down into your joints. take it from me.
for partners in health, time is life. we have 18,000 people around the world. the microsoft cloud helps our entire staff stay connected and work together in real time to help those that need it. the ability to collaborate changes how we work. what we do together changes how we live. liz: president trump calls for a major investigation into voter frawched claiming 3 million people voted illegally in the last election. those who are legal and those who region stored vote even though they are dead. depending on the results we'll strengthen up voting procedures. critics calling them out for not
having evidence. president trump wanted the same investigation for rigged elections in 2008. >> i wanted to be honest it's not as if it's just republicans who have monkeys around with elections in the past. sometimes democrats have, too. whenever people are in power, they have a tendency to try to tilt things their direction. investigating, cases of vote per fraud, serious that people aren't being discouraged to vote. that's why we need paper trails on the electronic machines so you have something you can hang on to after you punched that letter to make sure it hasn't been hacks into. those are all part of the process in make sure our democracy works for everybody. liz: let's cut through the spin with texas attorney general paxton.
president obama said the same thing president trump said. then jill stein said all available evidence suggests the 2016 general election was not tainted by fraud or mistake. >> i know we have had our own issues of voter fraud. we have gues investigation on it comment on specifically. we are in the process of investigating our voting system. whatever we can do to prevent fraud is worthy to do. >> we have president trump signing an anti-stink wary city executive order. the governor your state, texas governor greg abbott. he's telling a sanctuary sheriff that her jail would be the first
in the state to lose tax dollars over her poll i haves. she respond. >> we'll work with federal immigration officials, but this office will not increase our liability or set unwise public safety priorities simply to ease the burden of the federal government. liz: let's work this through. people worried sanctuary cities are a magnet for illegal criminals and they don't want their children or loved ones put at risk. we are what generous nation. but what did you make of the sheriff's comments here? >> i don't understand why she would want to advertise that she is going to follow this process. obviously if you are advertising that you are going to draw a certain element into your city. i think the governor is right. i think the legislature is right trying to pass legislation.
this issue of needs to be addressed in a way that stops her from doing this. liz: mayor deblasio in new york is already pushing back. do you think the president is going to get pushback? >> the people pushing sanctuary citiesv are violating state and federal law. they are sworn to uphold the constitution and they don't have the right to ignore the laws that are in place. if you are a sheriff you have the obligation to follow the law. liz: we love having you on, come back soon. next you have, the president taking time to remember the american families who lost loved ones to illegal immigrant crime. coming up, we have a father whose son was killed by an illegal immigrant. >> i want you to know, your
children will not have lost their lives for no reason. we set this incredible goal for so many. these were great young people. and they will always be remembered. always. america's beverage companies have come together to bring you more ways to help reduce calories from sugar. with more great tasting beverages with less sugar or no sugar at all, smaller portion sizes, clear calorie labels, and signs reminding everyone to think balance before choosing their beverages. we know you care about reducing the sugar in your family's diet, and we're working to support your efforts. more beverage choices. smaller portions. less sugar. balanceus.org. i'm raph. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here,
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repeat these word, we hear you, we see you, and you will never ever be ignored again. >> powerful word of president trump recognizing members of the remembrance project today. it represents the families of victims killed by illegal immigrants. president trump signing executive actions that include cutting off federal funding of sanctuary cities and ending the practice of so-called catch and release of those who illegally cross the border. dan's son was shot and killed by an illegal immigrant already deported four times. how did it feel to be rubbed by donald trump today? >> it's the first time since this tragedy happened, it will
be two years next tuesday, that i felt like anyone in my government was, you know, signing any significance to my family. >> we played sound bites on msnbc who were focusing more on what donald trump was saying about american cash and. about -- about american carnage. it's sort of like lease. what happened to your son? >> my son spencer at 25 years old was sitting at a red light less than a mile from his house january 31, 2015. a four-time deported illegal alien drove up next to him and blew his brains out.
he shot and killed another motorist and shot and wound another, then he shot it out with a sheriff's deputy. and the deputy took him out. he was on a random shooting. liz: the illegal immigrant, you say he was killed, right, by police officers? >> yes, he was. >> what is your reaction to the president signing executive orders to secure the border and for immigration reform? >> it appears to me he's not wasting any time. i met mr. trump on a few of occasions with marie espinoza. and i have to say, i think that he's sincere. i have been with him when the cameras weren't on. i believe he's sincere, i think if anybody can get this job done, it's president trump. liz: it looks like you met
donald trump and spent time with him. what was it like meeting with him today. can you tell us what president obama means to you and your family? >> again, he's helping us have faith in the country again, that we count for something. he treated us like family. he knows a lot of the families by name, and he's just -- he's done and lot of things on his own time. i can't say enough. there was no other politician that -- on other side that reached out to me. liz: he said your children did not die in vain. donald trumps saying on just enforcing laws tt are already on the books. what are your final thoughts? >> i feel the same way.
if they would just even 40s laws already on the books, my son would still be alive and so would a lot of these other americans that have been killed. i think that that's the key. we have good laws, we just need to enforce hem. >> why wasn't president trump able to do something like this? >> i think there is political reasons. and probably a lot of donors that have to on both side of the aisle that are interested in keeping cheap labor in here, and of course it's also a way to import unassimilated poverty votes. we know where that goes. liz: dan, we thank you. your work, you are doing so much good for your country. i just snapped a photo and got an estimate in 24 hours.
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>> liz: dow hits 20,000 three days into donald trump's presidency. "making money with charles payne" is next. charles: good evening, everyone. i'm charles payne. historic day for the markets. the dow hitting and crossing 20,000 for the first time ever. this is weeks after sort of teetering on the brink. the dow opened and closed above that 20,000-mile ten. now it is up a 1735 points since president donald trump's victory in november. i will have a full analysis later on in show. president trump hit the ground running on his pledge to secure the homeland, signing an executive order on construction of that long promiseed border wall in mexico.