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tv   Varney Company  FOX Business  November 24, 2023 11:00am-12:00pm EST

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>> the president's numbers are the worst for a president seeking re-election almost in history, and the biden campaign knows the only way they win is by vilifying whoever the republican nominee is. >> what we see, weakness from the if bide opinion administration play out on the world stage like we did with this san francisco summit, i think that invites the aggression that we all want to avoid. >> the consumer spent a lot during the pandemic, they have something of a hangover from all that. they don't really need too much else and, besides, the money's running out. >> if you're a third party candidate, you can actually change the way the election goes. thanksgiving a man who, unfortunately as an older man, is still apparently trying to find himself. ♪ ♪ david: ark h, you gotta love sting. we all love stung, right in. lauren: absolutely.
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>> yeah. david: oh, wait a minute, wait a minute. oh, yeah, we're getting word from my tech official here about the other members of the police. it's a great band. [laughter] meanwhile, 11.a.m. on the east coast. we're having fun, hope you are as a well on this black friday.. i'm david asman in for stuart varney. the dow and the s&p slightly up, about a third percentage poirnlings up 117 on the dow. that ain't bad. s&p's almost flat.
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nasdaq is going the other way but not too badly. take a look at big tech, we have all the a big tech stocks from microsoft on the dig bay da -- big data point, how hard is it to get a house. that's one of the big measures of can you live the american dream. the self-governance that comes from owning a home. it does not surprise me, the cost of education as well, all the problems we've with seen on campus. i think that might be part of it. the idea that can you afford to
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move yourself up -- david: and we're stuck. the other part of the american dream, i think, is the fact that people can move through classes from being poor to middle class, from middle class to upper class, you have that movement. now americans feel stuck at one level. >> can i also say this? i think some of this coincides with an understanding of what the american dream is. in other words, is the american dream something you're entitled to or do you earn it. and i think a lot of younger -- david: wow, that's a great point. >> -- things like they're owed
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the american dream, and that's never been it. david: even migrants. migrants in the past used to come here in order to work. now you look at a lot of the migrants in new york city who are running the program has a conflict of interest. >> yeah. apparently it's his trade association that acts as the gatekeeper for who gets these funds. but let's just be up front about this, $400 billion in taxpayer money that this guy gets to play with to fund clean energy investments with a track record of not working out. i mean, this should make everybody's blood boil because
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it's the antithesis of the american dream. the american dream is level playing field, you get a 40 shot. the new biden dream is if you know the right guy, you can get in on a big kitty of money and fund your company whether or not it's a great investment. david, this is, these two stories connect perfectly. david: they do. >> if this is the world you live in, you don't believe in the american dream, you believe in the political dream. david: and from the biden perspective, industrial policy is great. that is when government seeds these various practice, it turns out. we've been through that, it doesn't work. government is not a good investment banker. >> no. but it's a good way to enrich
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your friends, and that's what all of this turns out to be babbitt -- about. if we want to get to a cleaner future, this is going to be a barrier because it's going to throw money to the political preference people, not the people with the smart ideas. david: you know, you're so good, we're going to keep you for the whole hour. [laughter] that's how good you are. wonderful to have you here. let's turn to the markets now -- [laughter] jonathan hoenig is here. he's one of our favorites of all time. jonathan, great to see you. thank you for being here. you think it's time for prudence in this market. tell us, explain why. >> well, david, all this talk about a soft landing and the economy's improving, look, look at history. that's exactly what the economists said back in 1973. even gerald ford, david, they thought they had inflation licked in the 1970s. it was 5, 6, 7 years more before the economy really started to turn around a under reagan. so i am concerned, david. not because i'm looking at spreads sheet or something esoteric in terms of business models, i'm looking at the average american. credit card delinquencies are at the highest point since 1991, and car payment delinquencies at
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the huest point -- highest point ever. the average american is living paycheck to chapek -- paycheck -- david: you put your money where your muth is, and you have a stock pick to go along with this prudence, called ishares 20 years plus treasury bond, buy right strategy etf. it's a long name, but why do you like it? >> it's an alternative strategy, david, but as a much as stocks have been hit, bonds have been hit even more. in fact, their on the cusp of a third record-losing year. this uses options to juice the yield to republican 18 president. -- to almost 18%. it's going to be sol lille, there are risk, but if you're looking at an income idea, this is one to own for an almost 20% yield. david: okay. jonathan, i want to turn to something positive, and it's not necessarily happening right here, but it might spread. the dutch, the people in holland a, just voted for wilders, forgive me if mys pronounce it -- mispronounce it, he's a conservative opposed to the green policy, and this right on the heels of a new free market guy in argentina as president. he won overwhelmingly. the guy in holland won a mufflety, the guy in argentina won by a huge majority. is the world turning away from socialism right now? >> the markets certainly are responding, a the around gin tin january etf is up almost 50% this year i would say in anticipation of this win by even
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a semi-capitalist, more smick to free markets -- sympathetic to free market competition. what fuels an economy is the ideas. it's always the more successful. it's the difference between miami and that a van that. it's not the water, it's those ideas. so argentina, they could pull off a real miracle not unlike what pinot they did in chile, but we need freedom and capitalism to make that happen. david they'd right. and unlike chile, it wasn't a democracy when pinochet came in, it transitioned into one, but this guy in argentina was voted into power and, by the way, art laffer knows him pretty well and says he's more than a semi-free market guy, that really is a solid free marketeer. >> reason for hope, david. david: reason for hope. it's good to have hope on a friday. thank you very much, jonathan hoenig. great stuff, as always. >> be well. lauren: elon musk is investing
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up to $2 billion for a factory in india, but reuters is reporting that investment is dependent on new delhi cutting import taxes on his cars to 15%. tesla's up almost 2% today. separately, there are reports elon musk is going to gaza a next week, and from there he will meet with netanyahu and herzog, the israeli prime minister and president. david: wow. he is a risk taker. barclays. lauren: they're looking to cut costs by about $1.3 billion, and that includes, reportedly, axing up to 2,000 back office jobs. when you announce cost-saving measures, typically the stock goes up. david: and, you know, i haven't thought of sony, remember when they used to have those high-end tvs -- >> buy 'em on black friday. david: you've got some news on friday. lauren: a nearly $8 billion lawsuit in the u.k. over their playstation store and the prices they charged on it, british authorities claiming sony abused their dominance position and charged excessive prices to 9
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million customers that bought digital games and add-ons on the playstation store. david: all right. lauren, lets look at the clip toes, around 115 million so far stolen from hackers targeting the htx exchange. but, lauren, there's a high profile entrepreneur being linked to these now. lauren: it's justin -- [inaudible] who says everybody will be restored in their investigating. by the way, bitcoin is at a high each though the $115 million was hacked link ared to two different exchanges. one, like you noted, is htx, the other is a blockchain bridge. it essentially allows the faster transfer of funds. most of the funds stolen were ether and the stable coin usdt. and despite this news, another major hike in hack attacks -- david: well, crypto's up, but also gold is up. gold is up over $2020. so both of those things
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reflect -- reflecter, i think, about the concern in the world. vice president harris and her husband on thanksgiving, look closely in the background. it is a gas stove, ladies and gentlemen, a gas solve. she keeps pushing those electric stoves. isn't the administration trying to been the gas stoves? well, she's got one of them. and take a look at a this, the post calling anti-israel protesters bloody idiots after disrupting the macy's thanksgiving day paid and now more protestses are planned for today, this time hoping to disrupt black friday shopping. we've got the report coming next. ♪ (adventurous music) ♪ ♪
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david: now this, fox fox news has con. firmed the hostage a release is now underway. it's part of israel's 4-day ceasefire with hamas. alex hogan is outside schneider children's medical center in israel. give us the very latest from there, please. >> reporter: hi, david. as you mentioned, a lot of things up folding right now. we're getting more and more breaking news coming out. confirmation from the red cross that is helping the facilitation of these 13 israeli hostages through the rafah crossing into egypt where we will soon see them get into helicopters all the way to an air a base in
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israel before at least the children come to this hospital behind me where there is a helicopter pad standing by with ambulances there ready to peck up those children from the heli pad to bring them into the emergency room. that speaks to the potential condition that we might if find some of these hostages in. there will be constant medical care for them on hand as well as therapists that can be here, psychologists to help them discuss what they have been through, reunite them with their families and also be there for those who no longer have families to come home to because some of these hostages we know, of course, were kidnapped from villages, all a these 13 people are coming from the same town
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where likely some of the attacks, the people that have been killed, their family members are among those hostages. now, we will see play out in the days to come likely more from investigators about what they have learned from these hostages about the conditions in which they were held, but this is just day one of this # 4-day ceasefire. it has been relatively calm, i should say, in the hours that we have seen in terms of no more military two things taking place today are completely separate. there is the hostage deal that will release these 13 people as part of the 50, there's also this second deal that has been
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brokered releasing 11 thai foreign workers, and thailand confirmed today those 11 people have been -- [inaudible] david: alex hogan, thank you. alex, we are so grateful and thankful to you for your with excellent and very brave reporting that you've been doing over these past couple of weeks. thank you very much for all the work you do for us. >> reporter: thank you. david: and take a look at the cover of "the new york post" today highlighting those anti-israel protest ors who interrupted the macy's thanksgiving day parade. i think they've got a right, bloody idiots. kaylee mcghee white joins me now. the interesting thing -- by the way, they stuck their hands with crazy e glue to the street that
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they were walking on, they poured blood over themselves. it's a family event. i mean, come on. and they started out as pro-palestinian. it's quite clear now that they are anti-israel. it's not about being pro-palestinian, it's about a being anti-israeli, sometimes pro-hamas, right? >> it's not just anti-israeli, it's anti-america -- david david great point. >> because you look at a some of the t-shirts that they were wearing, it said colonialism, capitalism, some of the messages that they were writing on twitter actually said that they intentionally chose the thanksgiving day parade because what more appropriate environment to protest colonialism and genocide than a parade celebrating supposedly american colonialism and genocide. so this was very intentional. and this is a result of leftist ideology and the framework that these kids have been brought up in for the past couple of decades especially on america's
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campuses. david: it shows so much not only about, as you were talking about, the education part of it, but how probably there are outsiders as well funding a lot of these groups, a lot of the organizations that are involved with putting them together for these big protests. first of all, how do you survive by going to protests every day? that's kind to of the job of some of these people. but it's a lot of questions that needs to be answers about -- answered about the whole movement that's going on right now. i want to also talk about far-left activists fuming at democrat john fetterman for his stance on supporting israel. it was last seen last week waving an israeli flag around an anti-israeli protest. kaylee, it's fascinating how the democratic party now is really
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split from the idealogues on the far left, people like rashida tlaib who were, i would say, even pro-hamas in their rhetoric, and people like fetterman who actually is a progressive on many issues but decided to side with israel on this one. >> yeah. and he's not the only one who's facing that choice. joe biden also has a decision to make whether he's going to give in to the far left's demands or stand tall and support israel still. and it's interesting because you look at the numbers, how many democrats voted the censor tlain congress, and it is a small minority of democrats who are being vocally anti-israel. and yet why are they so loud? to the point where young voters when tend to identify as a progressive the most are fleeing
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from the biden campaign and saying, nope, we don't want to support you anymore because you're too pro-israel. david: then you have leftists like bernie sand ors, who is jewish, by the way, who is more siding, it seems to me, with the squad against israel than in support of the president's position on israel. >> right. and we all have a front row seat to watch frankenstein's monster come for him. we might laugh about it, but we have to deal with the consequences of it as well. so democrats are reaping what they've sown. they've catered to the far left for years, embraced many of all, exactly right. the answer in full was extraordinary. he was so -- >> right. david: and what you see is the failing rhetoric of the left that we were just talking about with kaylee compared to the clear response from israel. it's so obvious which has it right. >> well, and just the make it up as you go rhetoric. so we're going to complain now
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because the palestinians are getting more people back? that's our new grounds for complaint? i mean, sometimes the only thing you can do in response to what's happening right now in our world is to make that face. lightening, are you kidding me? -- like, are you kidding me? is this really the conversation? there's no logic to engage here. lauren: i was putting myself in his shoes, because it took me a while to even understand the question -- >> yes, yes. lauren: it was so absurd. he got it right away, he had a split second where he's, like, and then he responded. david: what the interviewer was doing was trying to say that that israelis demean the lives of palestinians. >> right. david: that's the meaning that she was trying to get across, but it didn't work with. >> it's an agenda always trying to fit the moment into itself. do you see that? david: exactly. still ahead, american airlines getting criticized after a video went viral showing their
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employees throwing a wheelchair around. what's up with that? and the woman who when predicted the 2008 housing bust that led to the great financial crisis, well, poison ivy as she's now called, is sounding the alarm again. we'll tell you what she's saying coming next. ♪ all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching
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medicare supplement plan from a company like humana just might be the answer. david: check the markets, the dow's come under 100, but it's still up 90 points. nasdaq and s&p are down but not by much. we stop trading in about an hour and a half, by the way. taking a look at big tech, all the biggies were down and, indeed, they are right now. apple's down, microsoft is down, meta is down as well more than the others, over a percentage point, and alphabet down about 1.5 percentage points. show me the 10-year treasury which was up before, i'm sure it still is, barely, .07%. it's now -- the rate is now 4.48%. now this, american airlines is under fire after a video showed employees being reckless about a passenger's wheelchair -- lauren: yeah. david: lauren, what's this all
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about? lauren: take a look at the video. there's the metal chute, and there's a baggage hand aler on top, he drops the wheelchair, and the handler on the bottom with doesn't even try to catch it. the chair went airborne, spun around, and there he is bringing it back, doesn't check to see if it's broken. american airlines saying they're gathering more details, but according to the department of transportation, american ranks 13 out of 15 for mishandling of -- david tead think of the disable ad person when needs that. brian, you see so much of it. i know we're in need of workers, but this needs to be standards. it looks like all -- just to get workers, the employers have dropped the standards for service. >> well, i can guarantee you that's not the first time they've treated a wheelchair like that. we live in a world where everything is recorded, and you know the reputation the bag smashes have at the airport. you'd think they'd tell these
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guys handle everything with care, and especially the items of the most vulnerable. it's this callousness that just pervades, the quitting mondays and i don't want to work tuesdays and complain on tick texas wednesdays. david: fred smith, the founder of fedex, says the thing that scares him the most about the economy is the quality of the work force right now. they're badly educated because their schools are failing us, and they don't train well. it's a real concern for him. lauren: well, they'll be left behind with artificial -- david: that's true. thank you, folks. well, now this story, mortgage rates are taking a toll on the housing market. sales of previously-owned homes have hit a 13-year low. count back, that's right, that was 2010, during that crisis. our resident housing expert, mitch roschelle joins me now. mitch, i do remember very well what it was like when the housing market crashed 13 years ago. is it that bad? >> no, you know, i think
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everybody, the analyst community is sort of getting this wrong. the fact that home sales are a 13-year low doesn't mean that the housing market is crashing, it just means people aren't buying and selling homes. if the valueses of homes were tanking, that would be another story, and that would be reminiscent of what happened during the financial crisis. values of homes are actually holding up, surprisingly -- david: great point. >> -- that interest rates have gone sky high. so i'm not too worried about it. i do think if you are a realtor and you make your living selling homes for people, then you may be worried. david so let me ask you to respond to a specific housing expert on this, and you know her well or you've seen her stuff if you don't know her personally, ivy zelman, known as poison ivy. she is warning we could see extremely depressed levels of existing home sales for years. i assume you don't agree with her, but huh would you respond to that? >> well, maybe she's shorting stocks, real estate brokerage
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firms, so talking up her own book. but the reality is i still believe, and i've said this before on this program, that there are more buyers out there than there are sellers and, in fact, with the low volume of sales we are looking at, you know, less than four months' worth of inventory of existing homes on the market. so if you are a seller and there's more buyers than sellers that at a minimum will keep prices high, interest rates are certainly a problem and it's scaring a lot of people out of the housing market. i don't see a collapse. david: that's exactly what i was going to go to next. interest rates, i know they've come down, but a lot of people say particularly since the treasury's going to be issuing a lot more debt and the fed is going to be buying a lot less debt, the only way the fed's -- the only way the treasury's going to be able to sell that debt is by raising interest rates more. so the interest rate rise is not necessarily over. >> no, i don't think so at all. and i think the fed has sort of done its job for now.
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and even if they pause, the reality is refinancing our country's balance sheet is going to drive up interest rates. and when we get a yield e curve that's actually steep or flat and not inverted the way it is, i think, you know, it's more likely than not that interest rates, mortgage rates will go up. and my advice to anybody listening is if you're holding out buying a house because you think interest rates are miraculously coming down, don't get your hopes up. david: there may be one little bit of light there which is people buying with cash. now, i know not everybody can afford that, but there are a lot of foreign buyers with cash. everybody's always pointing to the chinese, but it's from people all over the world that have been hoarding dollars. are a lot of these sales now being done with cash, cash purchases? >> there are. and those tend to be the higher e-end homes. but, you know, the demographic that i think we all a care about the most when we look at the
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housing market is the ever important first-time home buyer because they embody the american dream. david: yeah. >> and they're the ones who are feeling the pinch the most. and i would venture to say they don't have the cash because if they've been renting, let's not forget the fact that rents have gone up -- david: that's a good point. >> their ability to save has been hurt -- david: the new young home buyers who were so important to this nation's growth are really getting hurt by this. it's a shame. mitch roschelle, great to see you, mitch. thanks so much for coming. have a good weekend. >> you bet, david. david: vice president harris showing a photo of her and her husband preparing thanksgiving dinner, but with look closely, and you can see in that picture they have a gas stowe. what about that, brian? [laughter] >> i like gas stoif stoveses -- david: i do too, but you're not promoting the elimination of them as many people in the biden white house are. >> what's so stupid about this is, one, they like gas stoves for the same reason the rest of us do. and, number two, they're never
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worried about the government's rules impositioning on them, right? the insiders always find a way out. they're the ones with the access to the slush fund. they're the ones that can find the work-around. it's the rest of us who also like gas stoves who would just like to keep them. by the way, they're using wartime powers to try to take some of this -- david: wow. >> the natural gas heaters? like, defense production act stuff, which is just insane. david: it reminds me so much of what happened during the pandemic. they make rules for others -- lauren: rules for thee, or not for me. over and over and and over again. david: i think so. i think that plays a part in the election coming up. people don't like to be governed by heatists that are also -- elitists that are also hypocrites. thank you very much, gang. one millennial has gone viral after bemoaning the fact that black friday deals are no longer so good, that they inspire violence. we're going to be dealing with that one coming up. and josh smith, he is a master bladesman who sport started a company from his
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garage despite pressure to make things cheaper in china. the montana knife company is 100% american owned and operatessed, and we're going to be the talking to josh smith live coming next. ♪ ♪ you can't buy great conversations 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. so, you have diabetes, and your glucose is heading low. [ alert sound ] dexcom g7, the most accurate cgm, can alert you before you go too low. now, that's more peace of mind with dexcom g7.
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gold. your strategic advantage. david: and checking the markets, once again the dow is up, nasdaq and s&p is down. pretty simple story, that's it. [laughter] now this, we want to get to this because brian and i love knives. the montana knife company is 100% american owned and operated, and josh smith is a master bladesmith. he actually became a master at 19. i don't think that's ever been done before. he founded the company in his garage, i am told. josh is here now. how did you do it from your garage? >> yeah, it has been quite the struggle, but we started during can covid of 2020 -- david: oh, good for you.
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>> i was just making knives before and after work. i was a journeyman lineman for the power company,, and my daughter and kids were helping assemble them, and we just started learning how to scale, started hiring people and, quite honestly, the american consumer has just absolutely supported montana -- david: so you were a master bladesmith, but then you had another job -- >> that's right. david: -- but you decided to focus on the love of your life in terms of your possession. >> yeah. i actually registered the name montana knife company when i was 19 years old, but i didn't start it until i was 39. it was always a something i dreamed of, and i saw people making these knives that were made to throw away, you know? and being made in china. and i just felt like there was something missing out there. and the american -- you know, you guys were actually talking earlier about is the american dream possible today -- david: i was just going to go there. >> it has never if been with harder but it's absolutely possible. david: one of the things making
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it so tough is not just the taxes, but the regulations. do you have to deal with a lot of regulations? >> the regulations haven't been a struggle just yet -- david: what's the toughest part of it? >> quite honestly, we're a hunting knife company. being able to advertise on instagram, facebook and all that a stuff, but one of the biggest parts is just competing with china with cheap prices. we pay our workers really well. the first day they start they have benefits. i'm trying to run this company as a if i was hiring, you know, if it was another company and they were hiring my children, how would i want them to be treated and, honestly, they're family. david: that's beautiful. and, honestly, there's a part of all this story that supports the vets. tell us how the vets come into play here. >> yeah. no, our director of operations, andrew, is a former ranger, and the first year that we were in existence between before brandon and i took a paycheck with our company, we hosted 20 veterans at our shop, taught them how to forge, actually just hammering on steel can really take your mind off of struggles.
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and so we flew 20 veterans in. we're a very big supporter of veterans, and we're actually going to be going into the tactical knife space next year, you know, and hopefully providing our service members really high quality knives. david: you know, we dump on a lot of things that are problems with america here, but you really bring with it out, the best. and why it is that the united states, despate all of the overregulation, overtaxation, it still has something that no other country has, and the proof of it is in the american dream. >> yeah. it is possible but, man, i'll tell you what, you know, with montana if knife company the things we're struggling with is, like, the expense the buy commercial real estate, to build a building, to pay taxes the way we're paying at such an early stage in our business. and we started, line i said, with my kids, and now we have 36 employees. we're growing super fast, but it's very challenging. we're boot strapping this, no outside investment. we're being offered by companies that produce knives in china to
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buy us all the time, i'm not doing that. david: good. good for you with. god bless. that's wonderful. and how do people, quickly, how do you get it online? >> yeah. montana if knife company.com, go there or our instagram page -- david: right after the show -- >> good black friday. david: absolutely. perfect black friday. >> we do have some deals. david: folks, you got it here. you heard it here first. today is black friday, a day known for offering exceptional deals but, lauren, there's one millennial who's actually upset that people are no longer violently excited for these offers. lauren: didn't want to get punched because somebody else is trying to get the 80% -- yeah, he miss the rowdiness. -- misses the rowdiness. watch him here. >> the younger generation's never going to understand, the numbers should be so low that if i end up in jail, bail plus the tv would be cheap or than actually buying the tv.
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[laughter] lauren: so black friday used to be an experience, right in and now we do everything online. but what he said, i mean, come on. [laughter] david: right. >> an experience? lauren: you want the brawls? the experience of lining up, maybe organizing some friends, going in the middle of the night. ca. david: josh, i don't imagine many of your customers have that attitude. [laughter] >> our customers are so supportive. they want to see us grow and succeed so, yeah, definitely not that -- david: yeah. by the way, you guys used to live in the same area, you used to -- >> i spent some time in montana in college at a ranch, and we happen to have a mutual friend out in minute. >> yeah, the ruggs. >> yes. lovely people. he's got a hatchet i've got to see pretty soon. david: okay. we can see it all on the web site. i think we're all going to do a little shopping after the show. lauren are, brian, thank you very much. now show me the dow 30 stocks to get the sense of the markets. there you go. you only have a few, few down ones on the dow. that's why the dow's playing up
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while the nasdaq and the s&p is down. don't go anywhere, friday feedback is next. ♪ ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. hi, i'm jason. i've lost 228 pounds on golo.
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♪ changing your habits is the only way that gets you to lose the weight. and golo is the plan that's going to help you do that. just take the first step, go to golo.com.
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hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized.
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golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. muck. ♪ it's the most wonderful time
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of the year ♪ ♪ david: yeah, it is snowing -- hey, it's snowing! yeah, beautiful. finish denver. it's not exactly montana, but we'll take it. >> it's close. david: and that's andy williams, of course, singing. it is currently a very cold 22 degrees there, time now for friday feedback. come in, lauren and brian with. >> i've never done this before. i'm excited. david: the first one comes from mike. on wednesday on the show there was a segment about young people needing a yearly salary of $525,000? to be comfortable? i, as a retired public if servant is, live comfortably on my 30k yearly retirement. i guess i must be missing something. what do you think, brian? >> i love $500,000, but you've got to earn it, you know? nobody gives it. and you can be happier for less than half a million -- david: i'm -- i think so.
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lauren: for millennials when are starting out, they probably need more. david: all right. >> half a million more? lauren: yeah. david: this one comes from steve. setting up play dates or activities for adult children tells me something was missed in letting them grow up. funny side, my colleague roommates -- funny if aside is, my college roommate's mom would bring new clothes for campus for him to try and then take back the unwanted. i laughed then and still do. rawrp lauren okay, that's helicopter parenting on crack -- [laughter] david: i would say steroids, but
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that's okay. lauren: i understand the mom who brought the clothes to her son's college because she knows he would never return them -- david: it sounds like you recognized the motherly complaint that you heard there. >> my mom didn't bring me any new clothes in college. you've got to give a kid an unscripted life. the less you script their life, the better. da. david: yeah. all right. next one is from bruce. today's young people have a much different view of debt than, say, baby boomers. what is the likely outcome of credit card balances especially carried over from last christmas
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ending in bankruptcy? we've seen it, 25% of americans have debt carried over from las. >> i assume what we means -- he means by different view is a lot of young people today think you don't have to pay it off, and that's a very unhealthy view of debt if america is going to work. be careful about those credit cards. they give business. those seven words -- >> seven. [no audio]
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david: how many pounds was the heaviest turkey on record? we have an all-star cast here, 55 pounds to 86 pounds.
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brian: i wanted to be 86 pounds. jackie: i think it is 77 pounds. >> i think 62. david: let's split the decision. i say 55. what is the answer? you got it. brian: i always get it right. david: will someone in manhattan hold 55? lauren: in minnesota. brian: it's true that minnesota is the number one turkey producing state. david: who would have thought we would see you again on "the big money show"? brian: this friday i will be on. david: we are getting very close to coast-to-coast, 4, 3, 2, one more second

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