everybody is seeking prosperity and tomorrow we can turn on the switch and go from smokestacks to indianapolis mills and -- windmills and they don't pollute and they don't harm, they co. the market has been the proving point for this stuff or i should say the disproving grounds for this because society count need or want this and it's been categorically rejected and folks did not want climate utopia and ev stocks getting hammered and evs all over the planet piling and you happen dealerships or lots. the united states will have to follow as well. here's the thing, something real good for right now, let's just work with what we've got because it's taken us a long way and if we allow it torques it'll take us even further. folks, over to kelly o'grady in for liz claman. kelly, over to you. kelly: always great to see you,

charles, and always wise words. we have a fox market alert on record watch as the dow rises on the third to last trading day of 2023 and the dow is on pace for a sixth record close of the year. the blue ship index needs to close out more than 12.5 and nine point point-blank layupseso notch the record and we'll be lay censor focused and trading near a record high but not quite there yet and it's down a half a point and it's got to finish up more than 21.8 and a record close. nasdaq is floating between gains and losses and could be a three day streak and amid major league action in the tech world and new york times suing microsoft in openai for copyright infringe infringement and alleging that

the company illegally poptied millions of times article and training chatgpt and other services and shares of microsoft are down, not much. not even a half a percent but meanwhile, look at apple. this is interesting today and being handed a whim. apple watch import being halted by u.s. aidoo peels courts and they'll be able to sell the watches for now and it's a big deal racing towards the end of the worter and first earnings report and crypto, i want to look at that finishing off a strong year on the session and bitcoin up $616 points right now. of course we have continue the etf hopes and we'll get that january 10 deadline and whether that's app app app app app apprp

110 point-blank layupses and bitcoin mining company greenage up 32% right now stronghold digital mi mining and that's up close to 22 points and bit mining up 12.24% and let's get right to the floor show to dissect all of these moves. joining me now is alternative asset management dan greenhouse and washington crossing advisers kevin caron and he recollects thank you for joining me today. dan, i want to start with you because we've clearly got a santa claus rally on our hands and however, i'm looking at q4 2023 earning season and that'll start in a couple of weeks, and, you know, we're looking at s&p 500 and earnings outlook is a little more pessimistic than we see and are we going to see the market impacted by what we get in the reported cards or is the rally going to continue? >> that's not too much of a worry and earnings have been coming down for a couple of weeks now, even as the broad stock market has been rallying. i think for a lot of people that

seems confusing but in reality it's not. and looking into next year, you'll have somewhere between call it 7-12% eps growth and more than enough even if it's a bit below where the current consensus stands and more than enough to drive stock prices. kelly: you're saying it definitely continues going into the new year? >> yeah, the outlook is certainly for higher stock prices and odds of recession in the immediate future and appear to be off the table and federal reserve is shifting obviously at least in its tone and how it speaks to accommodate stance and from an investor standpoint, turn of every new year is part of that seasonally strong part of the new year beginning around november and the new year. kelly: investors want to see that january effect. kevin, a lot of growth we've seen has been driven by the magnificent seven, meta, nvidia

of course and just last year i was sitting in the seat and for the wonderful liz claman, and i was looking at big tech stocks and they were some of the biggest losers that year. they were dragging down the indexes and how were you navigating the volatility when you have such narrow leadership in the equity markets? >> i think the focus has to be on quality and big tech and the big seven they tend to be high quality if we can find it and look at their balance sheets as very little debt there when you look at profitability, they're very profitable and many of them have got ton more of anewtized-type businesses and -- anewtized-type businesses and reading what that tells you you're getting leadership this year from very expensive high quality companies and it seems like the market may be looking for higher ground and there are -- we have to watch what happens to the economy from

here. but you're right, if you look at last two years, it's been a lot of volatility and to not really go very far. can i recollects hell me stay with you for a second kevin and folks looking at green and there's a lot of urgency to jump in and not miss out on the rally and you're advocating pal balance looking at fort follow and thinking about equity chrising premium and tradeoff and the risk versus something attract and i have a treasury and seeing 4.1% and higher than inflation we're seeing right now and dows tasing near highs and s&p with a rally in the last couple months and you're gettint asking a tell tivoli all else being equal and expected returns

in the future are lower and that's mace ick math and returns as multiple go. and compare against available yields and they've come down but that's been ma joyty of the reason the market has rallied and easing pressure on interest rates but they're competitive and higher than the inflation rate and starting to push up against what the earnings yield would be on the s&p. in other words, there's a real yield available to treasury investors out there competing against expected returns on catch and that could present some pressures moving into the new year. kelly: yeah, a lot safer than putting your money 24 some of these stocks that are -- couldn't be all over the place and, dan, i want to get your take specifically on energy because this is a space interesting to you and has definitely underperformed this year. was going very well last year so why do you think that that's a

good place to put your money? >> there's a secular trend there for putting your money and when you go down into small and mid cap energy and legal on the performance that's a group meaning for the better and call it upper single digits and dare i say low double time" thinkings with outperformers across the spectrum and there's a secular trend here and demand has been strong and supply is constrained and the esg phenomenon isn't going away for now and can we put that all together and there's a tail wednesday that's likely to stay in place and i want to jump in on this and what kevin was talking about and i want to push back on this idea and what kevin said but not directly, there's an insinuation of a difference between treasuries yielding 4 or 5% and tech stocks let's say and that's not really the case. if you have cash in your portfolio or older investor, that's not at all what we do as

a hedge fund and older investor, you should not have any cash and should be in treasuries one week, one month, one year, whatever it might be. i don't know that 4% is a particularly threatening level of yield for the average equity investor. if you're investing or long term or short term, you're looking for returns in upper single digits at least if not the low double digits and yes, 4, 5% on the screen now and that's 5.3% at annualized rate of three months and not going to get you solid retirement or good return or pay for daughter's wedding or whatever it might be. again, i just don't think kevin said it exactly but i thought it was important to point out, two different investors, investors in treasury and investors in nvidia and apple for example. kelly: it's a important distinction to tease out to your point, kevin and that return is not as good as something you might get on nvidia and having a better return and unfortunately,

gentlemen, i wish i could continue this debate. but have to leave it there. thank you, dan greenhaus and kevin for joining us. >> thank you. kelly. the u.s. is on track to produce for oil than any country in world history. the u.s. is producing 13.3 million barrels per day of crude con at a time this quarter according to s&p global commodity incite and a global daily record and the biden administration agreed to buy more oil to help replenish strategic petroleum reserve and jeff flock has more on this and what price did the biden administration pay? >> the means of generating money for the treasury and wasn't a bad deal and put the numbers up and it was 3 million barrels and you point out and purchased at $77 a barrel. now, the administration would point out that is cotyledons

them now well below the average of $95 a barrel and crude was sold for and amounts to a good deal for taxpayers and the question is, you know, is the spr really to get a deal deal or the strategic reserve and looking at the chart maybe just how much the sprs that has been drained 200 million-barrel so we're at half where we were when we started out and in hard numbers, we're way off when the it hit the all time record, 726 million barrels of oil in there and in january of 2021 when president biden took office. we were 638 million barrels and now we're approaching half that, 352 million barrels and all of the experts that look at this say, at least i think most all of them say it's time that we get more oil back in that

reserve. especially now. listen. >> they've got to replenish because the middle east has become a quagmire and it could be really awful globally. we have the luxury of being energy independent and that is one of the major, major underpinnings of the economy. reporter: kelly, despite all the criticism of the biden administration and desire of people in 25 administration and do away with oil some day and pumping more oil than in history and more than any country ever pupumped in a month in history. you know, sometimes you can't keep a good man down, man or women if you're in the oil field somewhere. they're pumping. kelly: thank you so much. folks, it is not the workers, it's not the owners, and not even the customers.

after the break, we'll tell you who might have the biggest impact on this state of small business in the new year and the small cup ept and ticker is tna and up 84% over the last two months and claman countdown is coming right back. ♪ - when did doing business become more about culture wars and less about well, business? some companies today bring politics into the boardroom, then into our living rooms. that's why i use spotlight reports from 1792 exchange. here, i can search more than 2,000 companies, to see if they care more about divisive social issues than about running a sound business. isn't it time we got back to the business of business? learn the risk to your company or family at 1792exchange.com. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery.

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warning for small business owners. there's 12 people you should watch next year that could impact business the most. the name at the top of the list, if you guessed federal reserve chair jerome powell, you are correct. of course he's hinted at his last meeting that 2024 rate cuts are on the way. now, the federal reserve is

anticipating three cuts throughout the year with investors seeing a 90% chance of a cut in march. that could be really good news for small businesses looking to service new debt and raise capital for growth and things that intrepid investment banker jim friedmann is an expert on. he joins me in a fox business exclusive. jim, so good to see you today. >> kelly, thank you. thanks for having me. >> i want to get your take on this rate cuts because i think even more so than wall street, if that's possible, small and medium business owners are praying for something like that to get more flexibility and we just mention that had the fed is signaling potentially three rate cuts and the market is looking for give small and medium businesses? is that enough to do anything >> i think it is a start, kelly. in the last two years, 2022 and

2023, we've had 11 rate increases in that period of time sofar, the standard overnight rate 1.6 to 5% and people now are saying that will gradually come down and i think it will help. it's going to time take to get through the system, but i sure think it's in the right direction. kelly: it's not going to do much but it's going to take time. earlier in the year, we had a big focus on a capital crunch for small and medium businesses and first republic and service those startups and small and medium businesses coming to loans but we're seeing right now potentially p prep disagreement

and realize -- entrepidation and predicting for small and medium businesses? >> yeah, i think you have some valid concerns and the last was $1.6 trillion in commercial real estate loans coming due in the next 24 months and so if that happens and rates start going up, i think some of the smaller banks that are lending to the commercial properties might be experiencing some additional problems. i think you're correct. kelly: yeah, we were talking actually to one person in the space yesterday and there's 10-20% default rate rate knew so i'm looking going oh, gosh, please, not another crisis and you play in the private equity

space and there's a lot of upside in those private middle market areas. do you think we're going to see deal activity start to pick up in 2024 as a former mna junky, i certainly hope so. what are you seeing for deals in terms of outlooks? >> the mna business is going to gradually get better in 2024 and rates come down and uncertainty starts to go away. people are predicting that mna is going to come down about 30% in 2023. we expect that it's not going to come back in a robust fashion quickly, but it's going to be a steady increase over the first 6-12 months of 2024 and everybody is expecting that and private equity is something like

kelly: even though this create as lot of run and have private equity firms to step in and get the deals at a better price and any specific sectors you're watching that could be ripe for the types of transactions? >> yeah, kelly, certain industries are outperforming and in 2023 one of the worst was technology and it's been doing quite well but really got pummeled in 20 and it was a strong sector. what we're seeing right now are

categories like food and bev rang very strong and we're seeing some of these sectors that are more important to the chicago that are becoming much more ro robust. kelly: jim, thank you for your time today. i really appreciate it. happy holidays. >> you too, kelly. kelly: folks, i need to get to this next one because i'm a bit frustrated. amazon prime may not need the doors of middle earth to mine more gold to pay for costliest tv series ever but will be turning to a new source of revenue to produce the lord of the rings, rings of power. we'll tell you what it is coming back. and how movie studios are

trading, comcast, disney, all flirting with ups and downs and netflix paramount, warner bros, we're going to come right back. ♪ they're waiting for you. hey, do you have a second? they're all expecting more. more efficiency.

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and your gift makes that possible. your call is the best gift of all. your gift will be my favorite christmas present this year. thank you for giving. please call the number on your screen or go to loveshriners.org to give whatever you can. and when you do, your gift will have two times the impact. kelly: welcome back. we have a fox business alert for you. tesla is prepare to roll out a verevamped version of the modely and familiar with the matter and ev car maker preparing at the

shanghai victory for the revision -- factory in 2024 and bigger changes to interior and exterior to the last update in october and in china, model y accounts for 75% of tesla sales and the upgrade cops as many of its competitors including yea no rolling out vehicles as well. things looking rosie for toyota after sales rose 12% year over year and japanese automaker sold over 986,000 units globally and the record for the month of november and toyota set to keep the title of world's biggest car maker and beating out volkswagen for the fourth consecutive year. this one had me upset going into break. amazon set january 29th as the date it will begin p puts ads in movies and tv shows on prime video services. we're not supposed to have ads on streaming. if you want to continue watching

program without interruptions upgrade to the ad-free streaming for an additional $2.99 a month and fewer ads than linear tv and other streamers and a good way to make money as all the streamers are struggling to get that profitability with all the competition in the space. i also want to take a look at soft bank, they're going to get 7.59 billion worth of t-mobile stocks as part of the deal to sell sprint to t-mobile. the bank agreed at the time to forfeit the t-mobile stock and would get them back if the share price rose to a certain level and the shares hit the level triggering the mayout and doubles the stake in t-mobile to 3.75 to 3.76. attacks on shipping vessels in the red sea showing no signs of stopping as the u.s. navy getting involve on international

trade and we'll talk to ceo of global shipping company as houthi rebels could slow or snap the global supply chain. sonic shares global etf ticker is boat up more than 8% over the last six months and the claman countdown can coming right back. ♪.

kelly: conflict in the red sea is escalating after the iran-backed houthi rebels launched another attack on the commercial shipping container yesterday, the militant group claimed responsibility for shooting missiles at msc met train indian shipping boat traveling from saudi arabia to pakistan, thankfully no injuries were reported. this comes after the u.s. navy shade it shot down 17 drones fired by the rebels around the red sea and navy destroyer and f18 fighter jets intercepted 12 one way attack drones, three

antiship ballistic missile and two land-based cruise missiles over a three day period. grady, great to see you. >> good to see you, kelly. major shipping companies are resuming operations in the red sea but face the threat of attacks from houthi rebels. french chipping company cma is the latest to announce it'll gradually increase the number of ships going through the red sea following mercer but yesterday houthi militants claimed responsibility for yet another attack on the container ship and comes after defense secretary lloyd austin announced operation prosperity guardian to protect commercial ships moving through the region and to your point yesterday, u.s. navy shot down a barrage of missiles and drones. republicans say it is time for the u.s. to hit back in order to protect not just ships but u.s. service members.

>> we're fighting the houthis and we beat the germans and japanese so we should be able to beat the houthis. they're backed by iran. i've been saying for months, hit iran. they've got blow it off the map. >> yesterday's attack brings total number of attacks on international vessels to 21 and as you mentioned, kelly, it does not seem like the houthis plan on stopping any time soon. kelly: thank you for that live report. grady trimble in washington. good to see you. okay, with the houthi attacks escalating in the red sea and preventing the safe passage through the suez canal, container ships are diverting through the tip of africa through the cape of good hope. this detour will likely impact cargo ships sailing longer routes that drives freight rates higher and delay the global supply chain and i want to bring

in someone with their finger on the pulse of the global supply chain amidst the conflict in the red sea. i'm joined in a fox business exclusive so good to see you. i want to start with what you're hearing from customers. what are their concerns? this is very quickly evolving situation. what are you hearing from them right now? >> the big concern, kelly, in situations like this is delays. it'll be storage capacity and take ago longer route, they can do fewer trips per year. fortunately it's off the holiday shipping season and the the network is not particularly busy like the last time the suez canal was blocked during covid and the network was very, very stressed and the capacity and network will be able to cope

with the huge lineup. kelly: it's a great point we're past the heightened season and everyone is ordering things on amazon for the holidays and grady just mentioned, another company started to or plans to go through the red sea again but for those companies that are diverting and taking that longer route, what are you seeing in terms of potential up tick in shipping costs? >> well, first of all, rethinking this day-by-day and changing each day as things unfold in terms of pricing on the stand way and attracting

from the 31st of november and shipping increase is drawn during covid and increasing more than a thousand percent and it's a relatively moderate increase in shipping price. kelly: i want to ask a follow up there and to your point, that was made before the attack happened yesterday and of course the situation is continuing to evolve and is there any concern that your clients have to have a lack of transparency and mesosanging with their own clients about how long things are going to take and kind of that dance because everyone wants things immediately and if you don't give to many me, i'll go somewhere else. >> it's an evolving situation and nobody knows what's next and

the attack yesterday was on a swiss ship and it's based in switzerland and sailing from saudi arabia a to pakistan, not an obvious target for houthi rebels and nobody really knows what's next and it's scary for the crews who are sailing through the red sea. and nee look for flat forms to play a key role in the tactics and for example if people sending a thousand by ocean and maybe spend another 50 or 100 by air in order to get it there quicker so they're looking for alternatives to get at least some of the goods there more quickly in case the goods get delayed by a couple of weeks by going around africa or even more after a vessel can be in the red sea and decide to go back. so customers are looking for

alternatives and unfortunately the industry has not digitized five years ago and it's easier to make our adjustments. kelly: i want to ask about how this dynamic also meshes with what's going on in the panama canal. we're seeing drought and that's causing ships to divert, to take longer. last year or we were dealing with sort of the back end of the supply chain cry i cans and standing outside the la report and reporting on the fact that we m had long line of ships and i was speaking to la port director and he said we're seeing folks start to divert some of the cargo to the la ports and actually get into the country in the western side of the country. what's the tipping point for you where, okay, we have enough capacity but it seeps like everything is okay right now. where does that tipping point,

when you have the two dynamics come together where we could see something that moves us more towards what we saw in that supply chain crisis? >> yeah, first of all, you're quite right. it's in a direction between the panama canal and suez canal and going from asia to the east coast of ame americas and then r first choice is the panama canal, pacific ocean followed by the panama canal and the drill was some ships being diverted two or three weeks ago to the syces canal, the second best -- suez canal, second best route and that's looking terrible right now. the fortunate thing is that there's been good rain in panama and the panama canal is increasing capacity and now an option from 20-24 ship as day. that's going a bit in the right direction.

i don't think even though we've got the situation with the suez canal and some constraints with the panama pennsylvania canal. i don't think the shipping network is close to collapse as it was during the peak of covid. kelly: that's a good point and lots of lessons learns and learned and switching gears, i'd be remiss if i didn't ask you this since i have you, you are an israel-based company and of course everything that is happening right now in israel with the war with hamas, how are your employees feeling and has there been impact to your operations and how is everyone doing? >> well, we're just a natural company and israel is one of oud israel is one of the locations and it takes time for many employees in different parts of

the middle east and fortunately we're looking at other places in and going for more peaceful times. kelly: thoughts and prayers are with you as you're base there had. thank you so much zvi schreiber, for your time today. >> thank you, kelly. kelly: struggling with low rates and some cities pitching in with big bucks to ease the pain and a live report from the big app and will the office of commercial etf and ticker dsk up more than 31% more than the last couple months. we're coming right back. ♪ he hits his mark —center stage—and is crushed by a baby grand piano. you're replacing me? customize and save with liberty bibberty.

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to find some relief. cosentyx works for me. cosentyx helps real people get real relief from the symptoms of psoriatic arthritis or psoriasis. serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. kelly: welcome back. cities across the nation are still dealing with the work from home after the effects of the coronavirus pandemic. according to scoop tech, in the fourth quarter, 62% of u.s. businesses allowed employees to work remotely for some days of the week. meanwhile a separate set of data shows workers were taking up the offer. u.s. office vacancy rate is

13.6%. that is up significantly from 9.7% at the end of 2019. gerri willis is here how they are dealing with all this say can't office space. good to see you, gerri. >> reporter: good to see you, kelly. what we're seeing new york city is giving luxury office developers big-time tax breaks to build and develop and even as more and more employees stay home from work, work from home. between 2014 and 2022 the city doled out $1.5 billion of tax breaks. who got them? hudson yards where we are today, it is a mixed use development. also bank of america, their midtown office tower and rockefeller center, nbc headquarters. this year they spent 171 million in taxpayer dollars on these projects. originally what was supposed to happen, they were supposed to pay for themselves. the city's investment would pay for by increasing tax revenues

from real estate but that really hasn't happened. in fact the project here, those costs were underestimated while revenues came in half a billion lower than expectations. the city was forced to make up the difference. now proponents of the program say, hey, we're transforming aging office building into magnets for innovative companies but not everybody agrees. listen. >> subsidizing hudson yards specifically came at the, at the detriment of other districts in the city. in our study, for example, we showed that more than 80% of the companies that moved to hudson yards by 2019, they relocated from other parts of the city. >> reporter: so nyc mayor eric adams is saying there is even more of these projects coming up. in fact he expects to put out 20 year deals for 10 million square feet of office property to be upgraded in the way hudson yards

here has. if you like hudson yards, there is more coming here in new york. kelly. kelly: great report, gerri. it is a great point you make about hudson yards and your guest there did. a lot of companies were pulling out, closing down, getting rid of that office space. great report today. >> reporter: thank you. kelly: okay folks the closing bell is ringing in just six 1/2 minutes. markets are, you know, we got a little bit of green there. the s&p 500 down about half a point. remember the dow jones industrial average looks like it is set for its 6th record of the year. it only needed about 12 mount to close at a new all-time high. it is at 46 up right now. we'll keep looking at that. the s&p 500 still hanging around its record. it needed about 22 point to set the first record of 2023 and break its all-time high set back in january of 2022. doesn't look like it will make it there. but the s&p has had an

incredible year up 24% year-to-date. "the magnificent seven" stocks have been sort of the wind beneath the s&p's wings if you will. the group includes names like amazon, microsoft, meta, apple, nvidia and it has accounted for more than 60% of the s&p's gains this year. what about the rest of the 493 stocks in the index? our "countdown" closer says there are signs that the rest of the s&p will start to pick up the pace in the new year. joining us with one billion dollars with assets under management, brook may, wealth management managing partner. good to have you, brook. we've all been talking about the "magnificent seven" and how much it has driven the s&p 500. what is your price target for the s&p 500 in 2024 and why do you think there is room to run for the rest of the index? >> yeah, when we look at the s&p 500 we're expecting about 11% earnings growth from this year to next year and, that would take us to about 52 to

5400 on the s&p 500 if we see multiples stay similar to what they are today. the market is trading about 21 teams earnings and we think that, we wouldn't expect additional expansion here or contraction. kelly: well 5200 to 5400 that would be a nine to 13% jump. that would be pretty significant, certainly something investors would want to see. i want to ask you specifically about a couple of the stocks that you think might do well. i want to start with boeing. we have seen huge demand for air travel. we had i think it was 2.6 million people flew in the u.s. just yesterday. that's way more than the 2.1 that traveled on december 26th last year so why boeing? clearly those numbers bode well but why specifically boeing? >> as we well know boeing has

had their issues the last couple years but at this point which think they're turning the corner. demand is strong. they had good headlines recently. china aviation regulators approved delivery of 737 x. lufthansa hasn't ordered planes in 40 years ordered more planes. rbc last week raised their price target to $300 a share and citi raised theirs to $300 a share. they're paying down debt and doing the right things and we think that will cause the stocks price to increase over the next 12 to 18 months. kelly: certainly you mentioned new orders for the planes. we're seeing demand in the industry, definitely one to watch though it is down slightly today. i want to take your take on netflix. i used to work at disney. i love talking about the streaming space. you have got disney, you've got comcast, you've got amazon, with

the news adding ads everyone knows watching this i'm upset about. why do you like netflix over those other names? is it simply that you know, it is profitable right now? it is the only one that seemed to crack the nut there? what's your take? >> yeah, netflix is one of my favorite buys right now. we look at the q3 earnings report it was stellar. their earnings were a lot better than expected and it was really attributed to their sub scrubbinger growth. the street was expecting them to add six million net new subscribers and they added 8.8 million. that is really attributed to a few factors. one they cracked down on password sharing. third, their add supported tier is doing well. their content we think is superior to competitors. when we step back look at the numbers, in 20176 they had only 4% profit margin.

next year we expect them to have 2223% profit margin. they went from a company to growth at any cost to profitable growth. we think they're the dominant player in the space and will continue to do well. kelly: let's follow up on that question. what i find interesting about the amazons, disney with espn in their portfolio they're able to play around with sports on the platform and drawing people in, whether it's nfl, "monday night football" or "thursday night football." amazon hasn't really, netflix has not gone into that space. really quickly, do you think we might see them finally step into that and really capture the excitement that only sports can for the viewer? >> uh-huh. i think it is highly possible. it is a really competitive market though and right now them focusing on their core business and doing it well is benefiting them more so than we've seen some of their competitors that have tried to dabble in other areas, are really gone in deep

in other areas and it hasn't necessarily panned out in the way of profits. right now they're sticking to their core business and continuing to take market share, it will probably bode well for them in the stock price. kelly: i'm very qweer just to see what happened. i became a formula 1 plan for watching netflix's drive to survive. they have got that down pat. thank you for your time. brooke may, thank you. >> thank you. kelly: make it rain, guys. the dow is heading to the 6th record close of the year. it is up two straight days. s&p 500 and nasdaq close up four days in a row. you know we could have another record close. you're going to have to make sure to tune in tomorrow. i will be back in for liz claman. maybe we'll even get a record for the s&p 500. [closing bell rings] that will do it for "the claman countdown." "kudlow" is next. ♪. david: hello, folks and welcome to a special edition of "kudlow." i'm david asman in for larry