needs and your budget? call humana now at the number on your screen for this free guide. it's just one of the ways that humana is making healthcare simpler. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free, and there's no obligation. you know medicare won't cover all your medical costs. so, call now and see why a medicare supplement plan from a company like humana just might be the answer. >> you can compare joe biden to when he was vice president, he was alert, and he was known as the greatest retail politician. and you're just not seeing that joe biden right now. >> despite all the mess in washington and their inability to get anything done and president biden's inability to lead the country, the economy as a whole is moving forward. >> china's goals have been

clear, they want to become the world's superpower. we can be the continued superpower in the globe, but the united states government has to unleash the united states people. >> we would like to be able to commemorate the -- [inaudible] without having this tramped on by thugs and anti-semites. we would like to light up a christmas tree without throwing your vile politics in the way. many muck don't give up singing christmas carols. ♪ that's us, that's right -- ♪ gotta lo this american ride ♪ stuart: oh, toby keith, i like this guy. american ride. >> i didn't want peg you -- i didn't peg you as a country guy. stuart: i have a farm, and i listen the country music when up ooh i'm -- when i'm out in the country. lauren: and he wears car -- oh, carhart, thank you. >> it's your favorite style. haw lauren keep going. stuart that's very good. all right. move on here, 11:00 eastern

time. it's thursday, november 30th, last day of the month, or last trading day of the month and, oh, what a month it's been. dow industrials up 314 points. salesforce is a dow stock, and it's way up, and that accounts for a big chunk of that 300-point gain for the dow. s&p, dow up, etc., etc., etc. big tech, they're all down, across the board, amazon, apple, alphabet, microsoft, meta, in the huge declines but they're down. the 01-year treasury yield is starting to move up, and that took a toll on the nasdaq. your looking at 4.31%. up 6 basis points. now this. tonight the great debate on fox, ron desantis versus gavin newsom. it's a classic matchup, florida versus california. if you go strictly by the numbers, florida is the hands down winner. that's my opinion. florida has no state income tax.

california has a top rate of 13.3%. that's why newsom's state has lost 1.8 million people in the last decade, desantis gaining 2 million. how about government spending? $14,7555 per person in california. just $8, 80000 in florida. that -- 8,8000, that's big government versus limited government. and, please, don't forget gas. wildly expensive california at an average of $4.84 a gallon. it's $3.17 in florida. but, but this is a political debate on t. not just -- op tv. not just an economic comparison. yes, it's on tv where appearance and tone the really count. newsom probably has the advantage here. he's a handsome guy and does well on camera, and he has the abortion issue on his side among middle of the the road voters. is this a setup for a presidential debate next year? could be if desantis somehow beats trump and newsom replaces

biden. think it's the debate we're more likely to see in 2028. either way, it's a classic. florida versus california. my money is on florida. third hour of "varney" starts now. ♪ ♪ stuart: wen.com -- ben.com -- ben domenech joining us. i think florida wins hands down. what say you? >> i absolutely agree with you that that on the merits florida wins and that, you know, i think you can add to everything that you said just looking backwards at the covid experience, the two completely different approaches that these governors had. you couldn't be more opposite in picking someone who went overboard in terms of lockdown. newsom has even had to admit that he went overboard in terms of his approach. and, you know, obviously, set himself up for that kind of accusation of hypocrisy and his

own behavior and the behavior of a lot of other democrats in california during that the era. but i think, you know, as you said, this is a debate. it's measured on performance. and i think that one of the real dangers for ron desantis here is that he hasn't had the opportunity to lay the kind of blow that he would have liked to have on stage versus former president trump. and so in this case, i think he's going to be looking to land a couple of i haymakers. whether he's able to deliver on that or not is going to be a real thing to assess afterwards, and for newsom, he really can pitch back, play rope a done a little bit -- rope a dope, or he doesn't have to achieve as a much in order to connect, i think, with the viewers and with the audience. there are lower stakes for him in this than there are for governor desantis. stuart: kamala harris refused to comment on tiktok when she was asked about it. >> do you believe the chinese-owned social media platform which virtually

everybody in the country is now looking at on a daily basis, if not an hourly basis, needs to be regulated or in some states, as you know, they're trying to ban it completely. >> i think we should take very seriously the fact that not only individuals, but nation-states take very significant -- >> china's doing that? >> -- steps to undermine the democracy of the united states of america -- >> and the view on the social media piece though, you don't have a specific view on tiktok itself? >> i'm not going -- >> oh, you aren't? stuart: the mumble there was no comment from vice president harris. why do you think she would have no comment if on something which she's said previously very disparaging remarks on? >> i think part of this is the influence camf -- campaign from the chinese themselves. there was a bipartisan meeting not just on the right, but on the left as well, toward banning tiktok, forcing a sale potentially just a year ago. and yet thanks to a well-funded

lobbying effort by tiktok and pressure, frankly, brought on this administration, they've really been able to push back against that. democrats also think of tiktok as being something that's very useful to them. i'll be interested if gavin newsom gets a question about this from ron desantis because he's viewed as, frankly, one of china's faith governors in terms of his relationship with them. tiktok is a very influential thing in america, and we've seen the power that it has to negatively influence people, particularly i would say most recently in the context of this gaza conflict and the kind of messages that we've seen pushed there which saw osama bin laden trending as being an influencer. that's not something that's good for our country, and china knows that. stuart: got it. ben, thank you very much. see you again soon. let's turn to the markets. it's really a standout for the dow industrials, but that's on the basis of salesforce. up 300 points there. the nasdaq's down and the s&p is also down. lou basenese is here. i think the market's expecting

rate cuts. >> they are. i'm not. i think you have to be italian and have a few extra vowels not to believe, because kenny polcari is the only other one in the camp with me. the market expected a 10% chance of a rate cut in march, now that's up to a 50% chance. may or june, it's an 80% or greater chance that the fed's going to cut rates. e it makes no sense for two reasons. the data. the economy's growing at 5.2% last quarter up from 4.9%, and the labor market is still really strong, wage growth still conning at a 4% clip -- continuing. that's still inflationary. if the fed starts cutting rates, that the reignites inflation -- stuart: inflation's coming down. >> it's coming down. stuart: the rate of is decelerating, and there's talk of some items coming down in price this holiday season. >> finally. but still the fed has been adamant, right? we're going to keep rates higher for longer.

is three months longer? i don't think so. that's not long enough. the fed's always told the us what they're going to do, we're going to keep raising rates. the market didn't believe them, fed kept doing it. even richmond fed president thomas bar kin yesterday said, listen, don't take the possibility off the table there could be future rate hikings. i still think if this reading came in hotter than expected today, we were getting a rate cut -- a rate hike, i'm sorry, in december. stuart: so this rally that we're seeing is not for real, and we're going to fall 5:-- off a cliff in the new year? >> the rally is for real. i don't believe -- it's rallying for the wrong reasons, but i'll take it. momentum continues in the markets. you start bringing risk back into the markets, december's a traditionally strong month for the markets and what really stands out for me is insiders. they're buying at a rate we haven't seen in six months, so insiders are coming back into the market which they only have one reason to buy, they think the stock price is going up. they have tons of reasons to

sell. stuart: there's a contradiction here. you like this rally til the end of the year, but you don't think the fed is going to lower rates, in fact, they might raise rates. >> we don't need -- the fed's been raising rates all through this year, and the stock market's been rallying, right? they're doubling down on doom, expecting 2024 to be a down year just like they predicted 2023 would be. it wasn't. the fed was raising rates all year, the markets having a rip-roaring year, there's no reason that can't continue. and i'm looking at the men and women that are driving the economy and the stock market with their individual money. they're buying stock. they think shares are undervalued. stuart you make a lot of sense, and that's why you're staying with me. lauren's looking at some movers, and i see ford motor company down over 2%. lauren: the cost of the labor strike and the deal they have with the uaw will be an added $900 per if car. at the same time, the cfo, mr. john lawler, is speaking at a barclays conference, and he said ford is now spending less

money, ev adoption is slowing so all around kind of negative comments, hence, the stock down. stuart: hp interprize, is that the old -- enterprises, is that the old hewlett-packard? they're. lauren: yes. nvidia is down 2% today, so basically hp enterprise and nvidia are using, putting a.i. into hp chain. stuart: okay, okta. identity management company. lauren: yeah. stuart: i know they were hacked badly, and they had to anytime they were hacked worse than they thought. and they're down again. lauren yes. stock, disastrous week for them. so many brokerages, wells far go, tb cohan all downgrading the stock last night and today because okta said the cyber breach was wider than they fought first thought. but now because of that, they had to shore up their security system, so they're delaying certain updates and projects by at least 90 days the make sure

everything is safe. stuart: when a security gets hacked -- lauren: it's a black eye. stuart: -- not good news. coming up, donald trump got an enforcement from a leader of black lives matter. ron desantis trying to portray that as a negative. a new report saying people's savings accounts are dwindling. and do you remember freedomwork withs campaign, south dakota governor kristi noem launched? she wanted to bring workers to her state. watch in this. >> south dakota's hiring. as the first state to bounce back from the pandemic, we've got one of the nation's strongest economies and more jobs than we can fill. stuart: critics argue the campaign is not working. governor riskty nome responds to that next. ♪ everybody's working for the weekend. ♪ everybody wants a new romance ♪

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♪ stuart: the governor of south dakota, kristi noem, is backing a bill that would stop six countries, including china, from buying u.s. farmland. governor crusty nome joins me now -- kristi noem. you did ban tiktok on government devices in your state. >> yes. stuart:off very strong opposition to all things china, right? >> i absolutely do. i have been working on policy to stand up to china for over 25 years. i'm a farmer and a rancher, and so decades ago i recognized the fact that china was slowly buying up our fertilizer companies, our chemical companies, they were buying our

food supply chain, and now we've seen them dramatically increase the amount of land that they're buying in the united states of america. so that's what's concerning to me, stuart, is that this is a real national security threat, and people need to wake up to the fact that if we think a pandemic was scary, wait until china controls our food supply. then they truly will control us as a cup. stuart: i notice in america wealthy people in china trying to get their e money out of china and into america, serving their kids to the united states -- sending their kids to the united states and having the kids buy nice apartments and houses. that's how they get the mustn't -- money out. you don't object to that, i take it. >> i think if someone wants to be american and go through the process of becoming a citizen and embrace our values and be a part of our way of life, i think that's incredible. what i think is important though is that we continue to have a process where people can do that and still make sure that we're protecting our national security interests. we've allowed tiktok to come in and mine data off of us, spy on

us. we've allowed them to continue to come in, manipulate their currency, steal our ip. they've had a long-term agenda to undermine the united states, and it's because they want to be the world-dominating power. there's no way china can accomplish their goal with the united states still in existence, and every american needs to realize the threat that this is and be willing to be a little bit inconvenienced by it and make sure we're embracing strong policies like this letter that i sent to chairman gallagher that would make sure china couldn't come in and buy our farmland. stuart: governor, there's been some, some press criticism over your freedomworks campaign -- freedom works campaign. it was meant to recruit workers to your state. can you tell us how many workers have, indeed, come to south dakota with your campaign? >> it's been incredible, stuart. it's been the most successful marketing campaign the state of south dakota has ever done before. so thousands of people have gone through the process of moving to south dakota.

in fact, right now we have over 8,000 different applications in the process of come and bringing their families to south dakota, filling our open jobs. and i'll remind everybody this marketing ca campaign is only five months old. so we just got started. we're starting another round as well, and we're thrilled because i believe that the state that has the workers will be the state that wins this economic race are. the ones that has its businesses thriving and people contributing to the economy will be the one that can sustain all this volatility that's happening at the federal level and worldwide. a. stuart: how do you get over the problem of weather? [laughter] >> we embrace it. we just tell people if they're going to come visit for the first time, don't come in january. that's probably not the best month that we use as our chamber of commerce advertising proposals. but, you know, what people like is our quality of life. and that's the interesting thing about this marketing campaign, is we follow up and call all these individuals back, we answer all their questions, tell them about our schools, about our low taxes, that we've broken

the national historic record for low unemployment. everybody in south dakota still understands the value of work, and we give them an opportunity to keep more of it in their pocket if than virtually any other state. stuart: we just ran a brief clip from part of your campaign, and it showed someone in overalls underneath a kitchen sink, fixing the kitchen sink. was that you? >> that was me, but i am a lousy plumber. if you watch the entire commercial, i end up flooding that kitchen. [laughter] so the next commercial that will come out will be pretty fun and interesting too. our biggest jobs that we need are nurses, accountants, some more. and what we see overwhelmingly is that the people understand we pay for their training, we'll get them licensed, that we are help them facilitate the move, they just can't believe that a state still exists like south dakota and that their family could be a part of it. stuart well, congratulations. kristi noem, thank you for joining us, ma'am. >> thank you, stuart. have a wonderful day. is. stuart: thank you. now this, a new poll shows

people's savings accounts are dwindling. ashley, that's not a good thing, is it? ashley: no, it is not. and the evidence clearly shows that americans are saving less. at the same time, they're drawing down their existing savings. not good at all. the share of adults who say they can cover six months of expenses using their savings is considerably lore than it was last year. -- lower. according to a survey by morning consult, 2 11th of people say they don't -- 21% of people say hay don't know how long their savings could carry them, up from 15.5% in july last year. and these poll numbers show people just feeling up certain about what lies ahead and why the sentiment has remained so gloomy despite bidenomics. that was sarcasm, i'm sorry. stuart: it's a low form of wit, but we use it frequently, don't we? ashley: it is. we do. [laughter] stuart: a new report says people need an extra $11,000 to make

ends meet. not to make ends meet, but to have the same standard of living as they had, this is for who? this is for you. >> yeah, for everyday americans. inflation's the thief that robs us all, and i think this is what you have to make the connection between. the headlines are different than the home life. the headlines are talking about inflation's coming down, but the reality is prices have not come down yet with. if you look at gas, still up 52% from the beginning of the pandemic. eggs still up 50%. a pint of bodington the's up to 2021% -- stuart: -- 21%. stuart: bodington's? >> yeah, beer. i spent a she's or e at lancaster university with. drank a lot of beer. [laughter] stuart: $1 11,434, that's what you need to get your standard of living back to where it was before biden took office. >> you're seeing credit cards go up and savings dwindle because

the average american if they don't have cash in the bank, they're not getting stimulus checks, they have to do it through credit cards. and that's where the precarious situation comes from the fed. if they keep raising rates, the economy can tip over. stuart: louing thank you. ashley, this is for you. the white house is pushing a -- ashley: all right. stuart: -- mobilization effort. the republicans don't like it. what's the problem? land. ashley: they don't know what's in it. 23 gop senators say they've basically been stonewalled for the past six months when they try to get more details about an executive order that promotes access to voting. lawmakers say that the policy merits congressional oversight, and they want to know how federal agencies plan to implement the order that they say could be very open to part san bias with, adding that -- partisan bias with, adding that it's not the job of the federal government to drive voter turnout. the order outlined various activities including promoting mail-in voting and partnering

with third party organizations to register voters. lawmakers argue a using funds for a purpose congress did not expressly authorize, they say that's a violation of the law. but they are still at this point, still waiting for answers. stu. stuart: thanks, ash. now this, jamie dimon was asked point-blank whether jpmorgan would leave china if ordered to do so by the u.s. government. we'll tell you how he responded. cop28 climate kicks off today. the united arab emirates was reportedly going to use the meeting to make new oil and gas deals. they vigorous wily deny those claims. -- vision are rousely deny those claims. we have the story next. ♪ ♪

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with them, it's up 300. lou basenese with me. i want to start with your stock picks, biopharma. why do you like them? >> i think biotech is where you want to be. today you saw a $10 billion acquisitions in the biotech space. they operate in the inknew no therapy space. we personally own it, but this one you need to take a look at. it's leading the new rev revelation -- revolution of cancer treatments. my children will be treating cancer as a headache with aspirin because of the immunotherapies that q is heading. they're stimulating the body's natural immune if response to fight cancer, so they're recruiting your t-cells in your body to fight cancer, really compelling data. super safe, no toxicity and seeing extension of life in phase one trials. stuart: cue biopharma. bristol-myers squibb with -- >> i think they have a new risk. they're one of the pioneers of a

therapy since 2017, that was supposed to be the next generation of cancer treatments. it causes a lot of collateral damage because we're broadly activating the immune system, and it kill not just the cancer, but everything around it, and these therapies are causing secondary cancer. there's been 20 cases where a patient has been treated, it's gotten rid of the original cancer, but it's created a nasty secondary cancer. so i think car-t -- yeah, not a good thing. bris old meyers, obviously, two drugs they were counting on to be billion dollars, not going to happen. stuart: got it. cop28, that climate conference, kicks off today in the oil-rich united arab embrace -- emirates. edward lawrence joins us. who is notably absent? >> reporter: you know what? the president's top priority, climate change, but he is here at the white house instead of that global conference for the start of it. here's the president yesterday with talking about his climate agenda. listen to this.

>> when i think climate, and i mean this sincerely, i think jobs. jobs. that's what climate's about. not only saving lives and saving the environment, but jobs. but that's not the end of the story. >> reporter: so last minute the white house announced that the vice president would be going in place of the president after enormous if global pressure over how important the white house truly believes cop28 really is. the rockefeller foundation will play a big role at the conference. its president sort of gave president biden a pass. listen to this. >> i understand that presidents have significant competing priorities, and right now with the crisis in the middle east it's absolutely understandable that the president is focused on managing a serious of -- series of issues from the white house. and at the same time, it's important that the united states shows up in a big way. >> reporter: so the conference being held in oil and natural gas-rich dubai. the new president of cop denying the report that he's using the conference the strike oil and

natural gas deals with other countries. the other meeting today was opec+ where members agreed to cut production of oil by 1 million barrels per day. that's in addition in addition to extending the cuts of 11 million barrels per day by saudi arabia. so we're looking at 2 million barrels per day as the president, president biden, not changing any of his regulations or policies here in the u.s. stu? stuart: thanks, edward. now, dan eberhart is the ceo of canary, and dan joins me now. you're an oil guy. what do you expect out of cop28? if. >> about the same thing as the first 27, stuart. stuart: in other words, more of the same, more failed policies? because with i look upon these policies as failing because emissions are still going up, temperatures are still going up. what we've got so far is a failure. more failure? >> yeah. look, i think it's going to be more failure and more talking. going back to your intro, i think the number one thing that

the biden administration can do to combat climate is reduce interest rates and reduce inflation. that's what's keeping energy costs high. look, the inflation rate is killing -- the interest rate is killing the renewable industry. and, you know, they aren't even talking about that. i think that the investment climate is what's important to change the climate. and i think the biden administration can really attack interest with rates and attack inflation, that's e the number one thing they should be doing. look, to me, cop28 is just like the met gala of environmentalism. it's a talking shop without actual results. biden should do the work ask and grind out the results and show the american people, like, specifics on what he's going to do to reduce the carbon footprint if that's his agenda. i don't see a conference like this as really accomplishing much, to be honest. stuart: do you think that biden's green energy policies -- i hesitate to say falling to pieces, but it's got serious challenges. the wind industry, for a start, is really in bad shape. is it falling to pieces? >> well, look, i think it's full

of hot air and floating away, that's what i think. the fact of the matter is when you look at the iae estimates, the demand for oil and gas is strong. we need to transition to being carbon neutral, but i think that comes with investment. investment is harder when interest rates are high and if inflation's run away. what consumers and the economy needs if is cheap. energy. and if we want an all of the above, you know, solution like what the biden administration and obama administration talked about, you reduce investment costs, you reduce interest rates, and you focus on grinding it out here in america. i think a conference like this is really a bunch of hot air. stuart: okay. tonight is the big debate, desantis versus newsom. >> sure. stuart: i believe you are a desantis guy. >> absolutely. stuart: you're a florida guy too. desantis has a lot to lose here because he's acknowledged -- he's an acknowledged presidential candidate. how do you see it? >> well, look, you know, i think

it was bold and risky for him to take on newsom and take on this debate, but i think it shows that he won't back down and that he'll never back down and that he wants to go after, you know, the failed policies in california. he wants to the spoin a spotlight on what he's done in florida, and he's not afraid to take risks and go after, you know, bad ideology. so i applaud him for this. i think it's risky for him to do when the other presidential candidates aren't doing it, but i think it shows the mettle of governor desantis and that he's going to take the fight to the liberals, to the environmentalists and to the left, and he's going to shine a spotlight on, look, here's what he's done in florida, here's why it's been successful. people have already voted for florida over california, 450,000 net people a year move to florida, and him taking this fight to newsom shows he's willing to stand up for conservativism and defend his record even when he doesn't have to. i think that's what we should want and expect in a leader. stuart: okay. 9 p.m. eastern tonight, fox news with hannity, the great debate.

dan eberhart, i'm sure you'll be watching. so will i. thanks, dan. see you again soon. donald trump has been endorsed by a leader of black lives matter. governor desantis is knocking him for that. ashley, what did he say? ashley: yeah, he took a swipe at trump after the former president, indeed, got an endorsement from black lives matter activist mark fisher. desantis wrote on x, former hi twitter, quote: blm praising donald trump and trump celebrating. makes perfect sense, says desantis. trump has said he was honored to receive fisher and the group's support and claims he did more for black people than any other president. mean child -- meanwhile, desantis criticized trump's response to the george floyd protests back in 2020 saying when he is elected president, he will not sit idly by and watch rioters torch american citizens.

that's desantis taking swipes at donald trump. stu. stuart: thanks, ash. coming up, take a look at this op-ed. quote: liberal arts education is the answer to political polarization. oh, really? i thought it was these liberal arts schools pushing these far-left ideologies that were the problem. we will yet into that, believe me. elon musk did not hold back revealing how he feels about advertisers boycotting x. kelly o'grady brings us his obscene and fiery response. that's next. ♪ ♪ if -- i'm like, forget you ♪ you can't buy great conversations

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those are considered the most important issues among latino voters. by the way, immigration and border security, which are considered the most pressing national problems, those issues ranked just sixth among latino voters. the poll was conducted by bs is p research, that's a democratic polling firm. latinos were asked to pick the three most porn issues for congress to -- important issues for congress to address. inflation9 and the rising cost of living came in first at 54%. jobs and the economy came in second at 44%. health care was third with 33%. interesting results, stu. stuart indeed. thanks, ash. elon musk did not mince words when asked about how he feels about advertisers boycotting x. kelly o'grady joins me now. okay, kelly, you've got to spell if it out, exactly what did musk say? >> reporter: well, stuart, if i said it on the air, i'd be fired. but unfortunately, i'm not a billionaire. listen, or even though the loss

could cost the company $75 million, musk blasted advertisers. take a listen to this. >> if somebody's going to try to blackmail me with advertising, blackmail me with money? go [bleep] yourself. >> but -- >> go [bleep] yourself. [laughter] is that clear? i hope it is. hey, bob, if you're in the audience. >> reporter: he's talking about bob iger, ceo of disney. and, listen, those comments come after over 200 companies including disney paused spending on x, though i will highlight rampant anti-semitism has not stopped many of those companies from advertising on tiktok. now, earlier in the summit iger defended his move saying it was not a positive association for disney. musk did address that post saying it was the dumbest thing he's ever posted on social media ever, but he's refusing to cave. even though this boycott may bankrupt the company, everyone

is going to blame brands rather than him for the collapse. and musk does want to make money from x, but he's very clear his primary motivation for buying the company was to protect free speech and. by the way, we've seen this pattern before, went he first bought with twitter, advertisers and celebrities left the platform, but many did come back. 9 and the anti-defamation league has resumed advertising on x. and, stuart, x users right now, they're posting screen shots of canceled disney+ subscriptions, that began happening a few hours after musk accused iger of blackmailing him. stuart: that's a very interesting last point. kelly, thank you very much, take a look at this -- [laughter] if you dare. a new op-ed claims liberal arts education is the answer to political polarization. that's really new to mentioner i've got to say. would you like to explain it, ashley? ashley: yeah, i'd say it's a problem. but anyway, andrew latham is a professor of international

relations at mcallister college in minnesota, and indeed, he says liberal arts education essential to promote if visit critical thinking, intellectual knew -- humility and an appreciation for diverse perspectives, everything that's not happening on campuses today. latham says too many americans cling to preconceived notions even when the evidence proves them wrong. he says that has created the political polarization making it difficult to engage in honest and productive dialogue. hmm. the professor says we can cultivate a society that embraces diversity of thought, fosters open dialogue and treys for a more -- strives for a more, yes, united and prosperous future for all. but again, none of this is happening on most campuses and especially if you conservative. you're conservative. we'll leave it there. stu. tieu stuart can you find a conservative on a liberal arts college or student or professor or in. >> i was long, long ago. and i would tell you this is the most ridiculous thinking i've ever heard.

i have a daughter now that's in a liberal arts school, and it's the same thing. if you look at the data, the ratio of liberal professors to conservatives is at a high of 5 to 1. 80% of harvard professors identify as liberal or very liberal. you cannot have an open dialogue if you don't have the equality of both viewpoints represented, and that's just not the case -- stuart: that's a very fair pointful it's overloaded towards socialism or worse. show me me the dow 30, please. expect to see some green. yeah, i do. two-thirds of the dow 30 are in the green. they're up. and the dow itself is up 300 points. big gains for salesforce.com and united health. the dow is up 29 0. chinese discount retailer shein has reportedly filed for an ipo. the ceo says this is a threat to american-run businesses. he'll make his case after a this. ♪ ♪ seems everything i buy these

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stuart: america's top banker, jamie dimon, was asked whether jpmorgan would leave china if ordered to do that. ash, what did he say? ashley: dimon says, yes, his bank would leave china if the u.s. government issued such an order. jpmorgan says on us web site it's been active in china for a century now and does investments in corporate banking as well as payments in asset management. listen to this. >> the chinese know one thing about me, or i'm red-blooded, full-throated, free market pro-capitalist, pro-american. and i salute the american government, and we're talking to them all the time about what is the right way to deal with national security. if the american government makes me leave china, i'm leaving china, okay? it doesn't matter what i think or don't think. ashley: there you go. he's going to leave are. dimon calls relations with china very complicated and says that engagement with both china and the u.s. government is very

necessary. jpmorgan chase, by the way, advises clients including tiktok parent company bytedance and dien monosays, look, if people were truly doing bad things, the bank wouldn't do business with them. stu. stuart: now, china fashion retailer shein has reportedly applied for an ipo. tyler merit is the chief executive at nine line apparel, and he joins me now. shein is really, really cheap, and people lo it because they want the bargains. why don't you like them? >> i like the former quote. if china was doing something wrong, then banks would leave. well, i don't know when we started tolerating forced labor, but shein is the poster child for forced labor in the apparel market. and it's wreaking havoc on industries in the united states, industries like mine that are very proud to put americans to work, that are very proud to

bring manufacturing back to the united states with. and we were on a meet youric rise for -- meteoric rise until this latest administration has decided to not only willfully ignore, but almost placate to china each though it's very well known that the eager -- uighur population, upwards of 4 million muslim slaves, are being used to make iphones, shein products. and it is inte spinning bl. -- despicable. stuart: look, it's not all forced labor, surely. these are very, very cheap, and americans want the bargains. what are you going to do, ban it? would you ban them? >> how about just enforce current u.s. laws? we have a problem with endorsint laws. the uighur force protection act, which was unanimously signed by all senators, it has an enforcement that is essentially just not being acted upon. so we do have laws that become paper tiger. it's very easy to it's for -- to

test for apparel products to see if they are originating from places like shenzhen and the cotton that is picked there. almost 20% of the world's cotton comes from forced lay e labor. stuart: i've got to tell you, sounds a bit like sour grapes because they're beating you. >> i would absolutely agree that i speak for the res of u.s. manufacturers -- rest of u.s. manufacturers that if we don't start voting with our dollars, china will win. this is an arm of the chinese government. it is financial warfare. i can't make shirts for $6, and i'm looking right now at amazon shirts from he -- shein. there's no way to compete when people are cheating. stuart: okay. nine line apparel, ceo tyler meritt. thanks for joining us this morning. enter thank you so much. stuart: it's that time already, for the thursday trivia question. it's a good one.

get your calculators out. how long is the u.s. shoreline? 66,000 miles, 73,000, 88,000, 95,000 miles? lou basenese is going to play along with ashley and myself. the answer after this. ♪ ♪ (adventurous music) ♪ .. ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. ♪ is it possible to fall in love with your home...

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(fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different.

stuart: it was a good one. how long is the us shoreline, 66, 73, 98,000 miles. you are always first. ashley: i wish bassiniste had gone first. i'm ongoing with 72. >> i will go with number one. 66. a when i think you are both wrong the. i'm convinced it is 95,471 miles. i am right. think of florida, the long peninsular kind of thing, all coastline for heaven's say, 95,000 miles. that includes hawaii and alaska. >> we are always losing to stuart. stuart: coast to coast starts now.