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tv   Varney Company  FOX Business  November 6, 2023 11:00am-12:00pm EST

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say he's running freezing everyone else. biden is in a lot of trouble. >> whether it's nikki haley, trump, desantis, we've got to defeat biden. it's a train wreck what's happening so we have to get back to conservative leadership back in the white house. >> the puppeteers that are around him, they like having somebody they can just pull the strings on. does anybody really believe that he is pulling all the strings and calling all the action day in and day out? i don't. >> it's just absurd that this is what you wind up with when you build a party like this, and it's not a sustainable long-term party. >> my heart really breaks to any person that's dying, but we need to realize what kind of enemy we're facing. hamas uses innocents as human shields and that's something we have to understand. stuart: 11:00 eastern time, good morning, everyone. little bit of green on the left hand side of your screen right there. 36 up for the dow, 39 up for the
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nasdaq. i keep saying it, there was a big rally last week. show me big tech, please. that's kind of a mixed picture here. apple moving up 178, up a couple bucks. microsoft, amazon, meta, alphabet, they're all up. show me the 10-year treasury yield. it's still going up. 461, nowhere near as low as it was last week. 461, the 10-year treasury yield. now this, please. how many times have we been told we must drop fossil fuels and move quickly to renewables? voters are getting tired of it. it's hard to force americans into anything. being told the world will end unless we ditch our gas stoves and drive electric cars doesn't make it. it's even worse when the promises of this brave new green world fall flat. case in point. the wind industry, it was supposed to offer competitively priced electricity, dream on.
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wind projects being abandon all over the world and cost too much and often don't deliver. in new jersey, a danish company walked away from a giant offshore wind farm this. is not going to help democrat governor phil murphy's plan to have 100% of the state's power come from renewables by 2035. electricity prices are going up. there are elections in new jersey tomorrow. it's happening all over. bp has written off $540 million on wind projects off the new york coast. plan for giant projects known as park city wind in connecticut abandoned. the economics of wind power do not add up when interest rates and inflation rise. multibillion dollar tax companies don't make wind power economical. cop 28 begins later this month in dubai, which ironically sitting right in the middle of the world's oil patch. king charles will be there.
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pope francis will be there. we'll be told we must be do this and we must be do that. same old, same old. on the ground green policy failures are mounting. and voters are watching. third hour of varney starts now. stuart: rachel campos-duffy joins "varney & co." again, thank goodness. i know you agree with me, rachel. green policies really are failing, and i hope voters are taking notice. what do you say? >> yeah, they definitely are. wind power does not work and by the way, god bless those activists in new jersey who saw all the whales that were dying and they were the only ones, it was the residents that were doing so many so-called environmental groups not part of it, but it's highly unpopular with the voters and only gets donors rich, but in the end as
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america gets poorer, they're not going to put up with this. americans want their own energy as a practicing catholic, varney, i'm so ashame that had my pope is wasting his time with this at this climate summit and at this g40 summit or whatever they're calling it. they have to go to these globalists organizations with all of this climate stuff because it's not popular at the ballot box. nobody wants it. king charles by the way taking pictures of himself and kansas city chcamillaon a private jet a stir and he's talking about his whole environmental movement and they're talking about restricting everybody else's travel and that's the thing; right, these guys will fly in their private jets and all the restriction of travel and movement will be for us peak spl san antonios. peasants. stuart: well, rachel, the king of england does not fly commercial. surely you understand these things accident right? >> yeah. stuart: i'm pleased to see you're more plugged into british
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politics than i am. that's interesting. >> i can't stand the king. i can't help it. stuart: why not, what's wrong with him? >> well, this kind of hypocrisy is what bothers me. again, he even posted it on his twitter account so again -- he went to france. in france they've already banned short haul travel so you can't fly from paris to bordeaux anymore in france because they're banning that because they're saying it's to wasteful. he took a private jet from there. he didn't take the train, you know, it's all of these rules for the peasants and the elites, and this is what will happen if we allow them to do that. we really need to push back on this stuff. stuart: now, i'm going to change the subject. i want to show you this tweet from david axelrod, former obama heavyweight adviser and suggest biden drop out of the 24 race. "if biden continues to run, he'll be the nominee of the democratic party. what he needs to decide is
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whether that is wise, whether it's in his best interest or the countries". think biden will drop out, rachel? >> well, this is a really important statement actually. if this is co coming from david axelrod, this is from the very top. he's the mouthpiece for barack obama and valerie jared and they're running the democrat politics. this is important and means that barack obama knows they're in trouble. the latest poll numbers that show in the key swing states all of them but one show significant chance that i think it's like between 2 and 10 points that donald trump would beat joe biden so this is making them very, very nervous. of course joe biden is getting older and sicker and worse on the trail. that situation is not going to get better but they're in a pickle, the democrat party, they know that kamala harris can't win and they can't push her to
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the side because they're the identity politics party. they can't push her to the side because he's not electable in a general. you know, black vote is the black female vote in particular is so important and they'd take that to offense. it's very clear, the best candidate right now is for them is gavin newsom. he's the smartest, most likable, best looking, best hair, but they can't be seen pushing him forward and pushing kamala to the side. stuart: exactly, it's a mess. but fun to look at from the outside. >> my prediction? it is fun to look at and i tell you this, the wild card, the ace card they could be pulling and coming from barack obama i believe, it's either -- they need joe biden to step aside and it could be michelle obama. stuart: identifies waiting for that and i knew you were going to say that. just saying but i've heard a lot about it. rachel, thanks for being with us. appreciate it and see you soon. >> you got it. stuart: jason katz is our market
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guy of the moment, and i read his stuff and he's a regular on the show. you say no more rate hikes period. and rate cuts are the end of next year. make your case. >> so i know it's circular logic here, but the more that powell and company talk about titanning financial conditions, that means that they're on this per perma pause. stocks rally, bond yields drop, the dollar softens but that all keeps inflation elevate sod they're like sort of in a no win position here. they're on perma pause and no rate hikes in the offering and if we get a rate cut, we're not getting to very late part of next year. they'll talk the talk. they're not going to necessarily walk it. stuart: the difference between the 10-year treasury and 2-year treasury was a wide difference with a two year that had a lot more than the ten year. that difference is narrows
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substantially and means the recession is less likely. >> yield curve is not the best predictor recently. i'll say this that the drop in interest rates is predicated on a number of factors and the greatest short interest by the hedge fund community and they got it dead wrong. they were set up horribly for last week's news where you had this perception of pause and weaker job data and flight of quality and light of the war. they're all short. they have to buy bonds. buy bonds and rates go down. so i'm not so sure the drop in the yield curve means that a recession is off the table. >> three bad months and one good week. i do think if you go out and you buy some of the laggards, which are going to be subject to
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tremendous tax loss summit and i see in my own practice. people are saying i have the huge begans in the mag 7. why don't we right side some of those positions? well, we have to crystallize losses in order to offset that. crystallizing those losses means laggards parts of the market subject to undue selling. savvy investors will step in latter part of this year and buy more small caps and mid cap and they'll buy value and cyclical because they're going to get this january effect bounce. stuart: the january effect. i love that thing. it was good this year. jason, thanks very much, sir. see you again soon. >> you got it. stuart: lauren is looking at movers and the mover is microsoft. lauren: so close to a record high, less than 1%. it's seeing this gain as elon musk launches the rival clock to chat cpt. look, microsoft has the head start and investors agree with that. ai is not all fun and games even though it's supposed to be funny and non-pc and microsoft is
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putting artificial intelligence in its gaming in x box. this for microsoft is the longest winning streak since january. stuart: it's 1% lower than all time high. lauren: correct. stuart: wonderful thing. thank you, lauren. fine thing. i tell you. beyond. that's the name of the company. lauren: remember overstock took over some of bed bath and beyond stocks down 2.5% this. should be good. the ceo is out and jonathan johnson is out and stepped in immediately and the hedge fund urged the board to replace him and bad for the company's finances and he's out and stock is still down. stuart: do i see a cruise line again on this list? lauren: you dorks a lot of cruise lines. stuart: it's norwegian. lauren: carnival and royal caribbean down and there's a lot of cancellations because of the middle east and fear of israel and hamas war washessenning. stuart: got it.
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elite universities are being pushed to do more to combat anti-semitism. where's the line on stopping hate speech and infringing on hate speech. the nuclear arms talks today and after a pentagon report said china could have 1,000 nuclear warheads by 2030. jennifer griffin has the full report, next. (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf
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stuart: today the u.s. and china will discuss nuclear arms control and first time this discussion has taken place since the obama administration. jennifer griffin is live at the pentagon. what will they focus on? >> stu, these talks come at a critical time as u.s. is trying to fend off a three-ways arm race with china and russia and first time that u.s. and chinese officials have met to talk about nuclear weapons and arms control since the obama administration. >> for the first time in american history, we'll have to deal with two nuclear armed powers, both russia and china with nuclear arsenals equivalent to our own. my expectations are pretty low we're going to accomplish anything, but at least china is willing to talk, and that's an improvement over where they've been in recent years. reporter: matthew is@leeanne tick council and resently coauthored congressional report
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on the review of u.s. nuclear strategy released last month. chinas has more than 500 operational nuclear warheads and the pentagon predicts till field more than 1,000 warheads by 2030 and 1500 by 2035. currently limited by the new start treaty, the u.s. and russia each have 1,550 deployed nuclear warheads. china is not a c signatory and russia will no longer comply with the treat seizure disorders. the u.s. has about -- treaty. the u.s. has about 3700 warheads and russia has about 4,490 according to federation of american scientists and today's talks are led by the state department's mallory stuart and the head of arms control department at the chinese foreign ministry. the pentagon's 2023 military power report on china found that china had added 100 nuclear weapons to the arsenal in the past year alone. china is exploring the development of conventionally armed intercontinental range
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missile systems that would allow china to threaten strikes against targets in the continental u.s. according to the report. china is deepening ties with russia by attempting a discreet approach to providing material support to russia in its war against ukraine. over the weekend, u.s. central demand took the unprecedented decision to release this photo of the uss florida and ohio class nuclear powered nuclear is submarine with 400 tesla and 40k missiles in the red sea sent a message to the enemies. vladamir putin revoked the nuclear test ban treaty last month meaning russia could begin testing nuclear weapons again. the new start treaty, stu, expires in january 2026. stuart: jennifer, thank you very much indeed. the u.s. does not have an indication how long this war in israel and gaza will last. watch this. >> so i don't want to speculate about how close we are or are
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not to the end of the war, what i will say and president biden has been really clear and when is conflict is over, we cannot go back to the way things were before october 7 either in gaza or in the west bank. stuart: former ambassador at large nathan sails joins me now. mr. ambassador, lounge do you see this -- how long do you see this war lasting, israel and gaza? >> stu, it's hard to say. israel identified very ambitious goals for the war, completely eradicating hamas so they're no longer capable of governing in gaza and doesn't present a military threat to the jewish state. it won't take a couple of weeks and may not be a couple of months and could be a conflict that stretches for awhile. that's really important for the biden administration to provide israel the support it needs to win this war as quickly as possible. we cannot make the same mistake we made in ukraine of dribbling out assistance bit by bit giving them enough to fight to a
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stalemate but not to win. we need israel to win quickly and decisively so that we can move on rather than facing a stalemate. stuart: a lot of people -- i hear frequently in some idol conversation, people are worried that we're on the brink of world war iii if somebody were to suggest that to you, what would you say? >> stu, we're looking at a level of geopolitical unrest that we haven't seen since before world war ii. it feels like we're in the 1930s. we've seen catastrophe in afghanistan with the u.s. withdrawal, we've seen a failure to deter vladamir putin from invading ukraine, we're on the brink of a sweeping war in the middle east. all of these things, what they have in common is that america is seen as weak. when american is seen as weak, that sr. provocative. that sends a signal to adversaries that they can act
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out, that they can be aggressive and xi jinping is paying attention, vladamir putin is paying attention, the muay las in iran is paying attention and are -- stuart: think a trump second presidency would fix thing s? >> anything would be an improvement over the current omelet about of the white house. there's a cascading policy failures going back to after fan stan. i have to say i don't see it getting better unless this administration is prepared to admit that it is iran policy was flawed from the beginning giving billions of dollars in oil revenue to the mullahs. where do you think that money is going in not going to build bridge and tunnels in teheran but going to fund hezbollah proxies. stuart: thank you, mr. ambassador. >> thank you, stu. stuart: israeli am bar dos to the u.s. sackmary -- ambassador
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said the u.s. is having a hard tile distinguishing between terrorists and civilians in gaza. ashley? ashley: yeah, michael herzog said there's reports of thousands of palestinian civilian casualties, it's not clear what the true story is. what he told cbs's face the nation, watch. >> i would be very careful, very careful about judging those numbers because neither you nor i know how many of them are armed terrorists and how many are civilians. let's be very careful about that because i don't know how many are terrorists and how many are -- our military says it killed numerous terr terroristsn armed clashes and be very careful about that. ashley: herzog goes onto say the israeli forces are taking every precaution making every effort to try and distinguish between terrorists and the civilian population, but he does add that all the efforts to try and move populations, civilian population to the south of gaza has not
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always put them out of harm's way because hamas is trying to keep the civilians in place. stu. stuart: thanks, ash. still ahead, billion ackman wants harvard to suspend students for anti-semitic actions on cap pus. bill bennett will tell us if suspensions are enough to knock out anti-semitism. bill bennett is next. ♪ ( ♪ ) we're in the security business... our job is to help people feel safe. not only our customers but those who matter most to them. just like our company does for us. we have great benefits from principal. so i know i'm taken care of. and (pause) not just me. but the ones who matter most to me.
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stuart: five works coming out of the trump civil hearing in a new york city courtroom. what happened lauren? lauren: trump is back on the stand after sparring with the judge. the judge had admonished trump, keep your answers concise and threatened to excuse trump from the stand telling him this is not a political rally. the judge even told trump's lawyers, control your client. trump was going on and on. he is accused of drac dramaticay inflating his net worth and could be forced to pay $250 million in damages and be barred from doing business in the state of new york this is a civil case and sneak peek of how trump responds intents and hoesal questioning on the stand
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and no one can control him. that's the bottom. stuart: elite campuses could lose billions in funding due to the anti-semitism and who's calling to end federal funding to these? >> billionaire hedge fund bill ackman is the most recent to join and you may remember, initially one of the names of students at harvard that blamed israel for the terrorists attacks on israel. ackman backtracked on that demand and over the weekend published an open let tore harvard university president saying "harvard's recent failure to create a safe and nondiscriminatory environment for jewish students threatens the university's funding". that's a reference to title 6 of the act. ackman's letter comes as
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anti-semitism on college campuses continue. university of massachusetts amhurst student was arrested after allegedly punching a jewish student and spits on an israelly flag fright night. according toes the university, that student was released on bail and prohibited from returning to campus. funding for universities is a talking point on the campaign trail and gop candidate and south carolinastand senator tim scott and nikki haley saying schools that do not combat anti-semitism should not get funding. billions of dollars are potentially at stake. harvard received more than $3.1 billion in federal payments like garages and contracts over a four-year period. university of pennsylvania received nearly 4 $4.4 billion and now universities also benefit from tax breaks that save them billions of dollars in payments every year. that's according to open the books. we've heard from gop lawmakers saying those tax exceptions should be evaluated too . stuart: i wonder what will
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happen. >> yeah, it's a bit complicated here, but there's a growing call to evaluate these issues. stuart: not surprised. lydia, thank you very much. former education secretary bill ben nit joins me now. mr. secretary, how do you deal with anti-semitism on campus and preserve free speech? >> well, you can have free speech and allow students to say what they want to say, any student that's threatened or hurt or harmed or hit because of being jewish, whoever does that has to be thrown out of the schools. this tells you what's going on -- stuart: for give me for interrupting, bill. suppose i'm on campus and hold up a sign and says from the river to the sea, palestine must be free. i could argue that is i'm defending my right to salespeople speak freely but at the same time you could say i'm intimidating jewish students. how do you draw this line? >> i think you can hold up a sign but i think if you use that
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sign to hit somebody, that's a different issue. look, the universities are befuddled and don't know what to think. because remember, they throw out students who may be use the wrong pronoun but in terms of this issue they're very confused and notice this is the universities that supposedly are the best and brightest. i thinking of your earlier conversation stuart, where you talked about people saying is this world war iii. yeah, it is, in fact one way we're already in it. there's military readiness and i'm glad to see those two carriers and that submarine over there. we should take that seriously and the situation in israel. there's no moral readiness. the is the united states ready to fight a war and what's going on on the campuses suggest we may not b. we may not be so united as we should be to
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engage. what lydia was talking about, this kind of behavior on the part of universities has been going on for a long time. maybe we have here the higher ed parallel to what happened during covid when parents saw what was going on in elementary and secondary. people like bill ackman and others and people that scrape together all the money to pay the tuition at university of pennsylvania or harvard may now start having second tho thoughtd you know something, that would be a very good thing. stuart: you point out, bill, bill ackman wants harvard to suspend those students for anti-semitic actions on campus. would suspensions be enough? >> no, to be enough would be a university that knows the difference between right and wrong and knows the difference between hamas and the state of israel. unfortunately a lot of professors at universities do
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not know that difference. that's the kind of weakness i'm talking about. iran and russia and china are watching the whole situation not only in israel but in america. the fact that we are not clear as we once were about things that matter, about right and wrong, about who's in the right and who's in the wrong. the moral weakness going to sleep and $300,000 for a four-year college education and too much to pay to get a confused kid as a bad attitude as a graduate. stuart: yeah, i blame my generation in part for what's happened to our universities. >> yep. stuart: people in the '60s radicalized and they stayed in the universities and became the professors and they hired fellow travelers down the line so now you've got humanity's departments where you can't get a job if you're a conservative. my generation started this. last word to you, bill.
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you're in the same generation, i think. >> when i went to boston university from harvard, i was told i was the only non-marxist in the philosophy department. i'm one of those humanities professors happily i'm employed now by fox and a few other people but, you know, now would be very tough going and couldn't get a job at a university today teaching philosophy. not a chance. stuart: i couldn't make a speech in one either. bill ben bennett, always a plea. >> no, 32 honorary degrees before becoming secretary of education and joined ronald reagan two more over the next 30 years. there you go. stuart: there you go. bill bennett, always good, see you soon. >> thank you, stuart. always a pleasure. stuart: ashley, come on back in here because you've got to tell us all about in the pre--k teacher with an anti-israelless sob plan. what's going on? ashley: yeah, that doesn't do it
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justice. manhattan pre-k teacher reportedly spreading anti-israel hate offering parents by the way and teachers tips on how to indoctrinate kids, i kid you not. 29-year-old teacher teaches at school in midtown and apparently offering social media guides on how to talk to 4 year-olds about such things as land theft, displacement and ethnic cleansing and encourages parents to take their children to pro palestinian protests while blasting israel as a fascist ethnicity no cleansing or ethnicity know state in her instagram stories but incredibly, maybe not incredibly last spring she won a teachers award that landed her on an advisory council that included engaging with leadership on policies and programs and sharing teaching practices with colleagues. that is manhattan public school district. stu. stuart: get them while they're
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young. that's the name of the game. thanks, ash. we have a new poll saying the covid pandemic caused a collective trauma among adults. we all know covid was bad but are we really still dealing with trauma? dr. frank contacessa takes that on for us. former president of levi brand said she watched a woke mob cancel an influencer just for being israelly. jennifer say joining us to tell us the story after this. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim:
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(vo) make the switch. it's your business. it's your verizon. stuart: there are renewed calls for nation-wide tiktok ban. concerns regarding china's influence over the app. that's the problem here. hillary vaughn on capitol hill. who's calling for the ban now? reporter: stuart, republicans are. they say they're more determined
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than ever to try and ban the app after seeing the power that tiktok has to influence young americans in light of the israel hamas war. congressman mike gallagher saying china is using tiktok to push anti-american propaganda to divide americans and destroy our country from the inside out. >> a lot of prominent democratic politicians that didn't want to alienate younger voters and more concerned about the next election than the affect this was having on the mental health of our youth s. many people are seeing the poison that's on tiktok right now and so we now have renewed interest in taking action in congress and we must act. we must either ban it or force a sale to an american company that can control the algorithm. reporter: tiktok play as huge part in how young americans view current events and most use the app as number one way to get the news and if they're consuming propaganda and content that's not factually accurate, that can have detrimental consequences after reports claim that
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anti-semitism was on the rise on the app and propal tin indian, pro hamas content was surging. tiktok said that's not true. there's been unsound analysis of data around the conflict causing some commentators to insinuate it's pushing pro palatine over pro israel content to users and they say that's false. they've removed about a million videos on the platform for hate speech, violence and terrorism and content promoting hamas and #standwithisrael is doubling over what's standwithhamas and bots are pushing fake content on the problem and since october 7, they've removed more than 24 million fake accounts and half a million comments related to the war that are generated from bots, stuart. stuart: hillary, thank you very much indeed. take a look at this headline. it's taigen from the new york --
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taken from the new york post. i watched a woke mob cancel a fashion blogger for being israelly. jennifer say, former levi brand president wrote that and joins me now. what hatched. >> yeah, absolutely. it was in 2021 after the modern day antiracism movement had taken hold of corporate america, which categorizes essentially people into two groups: white oppressors, brown and black are oppress and i had would argue and didn't fully see it at the time that jews are in that category of white, not just white but super white n. 2021, we had hired an influencer and we hired many of them, thousands of them in june of that year he was a gay fashion blogger and hired him for pride campaign and got an e-mail from a peer saying there's an inprudencer that we're using that does not support our values. he's expressed violence and i thought, oh my goodness, i need
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to look into this. we would never do that and how would i miss it? i scanned all the influencer profiles i could find is one guy, a new york fashion blogger with stars of david schizoreally flag profiles and lived in new york and was a proud israeli and proud jew. i was astonished and came to the cross-question that being proud of who he was and his heritage was a symbol of violence and he was categorized as an oppressor and very presence in the world was violence and so i just think it's interesting as we look at what's happening in the world today essentially anti-semitism has been a feature, not a bug, a feature of the antiracism movement. we should not be shocked at what we're seeing today on college campuses. stuart: is there any sign of retreat in the corporate suite away from this kind of -- what you just described and considering jews as oppressors.
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any movement away from that? >> corporate america is silent in the wake of what we're seeing. there's a 400% increase in incidents of anti-semitic violence and companies were all too eager to denounce violence and bigotry in the last year but they're silent now and they'll not weigh in on this. i would argue that's evidence. i don't think companies should weigh in on everything so perhaps it's the start of something positive. at the same time i think it's very telling that this is when and why they're choose not to weigh n. they cannot expressly condemn acts of terrorism against israelis. there's anti-semitism there at heart of that as well. perhaps it will initiate a new kind of way of operating and that's likely welcome. it's also interesting the left has now found their sort of free speech backbone. all of a sunday they're
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defenders of free speech when anti-semitism is being expressed in cities across america and college campuses across america. stuart: i've lived in america for 50 years and never seen anything like this. it's a terrible thing. jennifer, i'm terrific by sorry, i'm out of time. come back and see us again soon. jennifer sey, thank you very much. >> thank you for having me. stuart: this is the moment where we show you all 30 of the dow stocks and a sense of the market. that's a dead even split. the dow is up 35 points and same number of winners as losers. there's this too, a new study says people over 50 lost brain power during the pandemic. dr. frank contacessa, he's going to get into that. i want to hear angler this too. we'll be back. ♪ or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence.
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or talk with a licensed insurance agent or producer about plan benefits, options, and rates. this type of plan lets you choose any doctor, any specialist, anywhere in the us who accepts medicare patients. so call unitedhealthcare for your free decision guide... and get help protecting yourself from those out-of-pocket costs medicare doesn't pay. oh, and happy birthday... or retirement... in advance. stuart: nearly four years after the pandemic, people are still experiencing collective trauma. dr. frank contacessa joins me. dr., it was bad at the time but really, doctor, are we still in trauma? >> well, morning, stuart, it's great to be back with you. some people are. you know. i see a lot of elderly people in my practice and i'm here in
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florida and i left new york a year or two ago. people rear in florida are more engaged and they're more active and i think i've seen less of a decline here than other parts of the country, but people are still going through this because people are still afraid, there are still people who are afraid to go out and older generation if we're so traumatized by the fear of covid that a lot of people are still isolated and that leads to things like dementia and chronic illness. we kind of still are in it. we don't need to be and shouldn't be, but i think we are. stuart: another study says people over 50 lost brain power during the pandemic. can you explain that one to me? >> well, i think one look at the leadership of this country from the halls of congress to the white house should verify the findings of that study. but this study was out of england and what it found was that people over 50 did lose some cognition and that's really due to the social isolation cause from the lock downs of
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covid and the fear of going out and people became this interested and they disengaged from social settings and their hobbies and that's really something we're seeing the ripple effects and we'll continue to see for quite awhile and overreaction and fear that people sustained during the covid epidemic stuart: what about people under the age of 50? >> well, interestingly other studies have shown it's not a cognitive decline and people under 50 are seeing skyrocketing rates of depression and anxiety and mental illness as opposed to dimension supra aural headphones and cognitive loss. this is -- dementia and cognitive loss and that's interesting because i think the younger generations because of instant access to everything and self-esteem movement, there's less capacity to deal with things than the older generation. my grandfather was a normandy
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lander and went through depression in world war ii and he was never anxious or depressed and the older generation have a better capacity to deal with the adverbsty of life than younger generations because younger generations never had to deal with much adversity and they expect life to be perfect all the time and that's not the way it is. stuart: you've got a point there. very interesting stuff. dr. frank, see you again soon. from florida. >> thank you, stu. stuart: quick check of markets reveals green and not that much, 41 points up for the dow industrials and monday trivia question. put it up on the screen, which state is the most densely populated? new jersey, rhode island rhode, connecticut, massachusetts? i have a good idea. the answer when we come back. ♪ (sfx: stone wheel crafting)
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♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪
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>> i had to think of longtime before i came up with my preferred answer. which state is the most densely populated. >> attack would be alaska, that is for sure could be new jersey, rhode island, connecticut, massachusetts, take your pick your always first. >> my brain hurts on this one, i been thinking, i'm going to go
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with massachusetts. >> no massachusetts is a huge state. >> it's a tossup between rhode island which is a small state that has providence or new jersey which is slightly larger in the population, i'm going to come down on new jersey. the answer is new jersey, how about that. according to the latest sensors there are more than 1200 people for every square mile in the state. i bet it's less than one person in alaska. i got into the market really fast we have green on the screen, the dow, nasdaq, s&p up check the ten year treasury 462, the two-year post to the ten year at 490. "varney & company" is done for the day but "coast to coast" starts now

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