>> donald trump as you saw on monday night has completely revolutionized republican party. it is a populous party, it is a america-first party. >> the establishment is sort of hoping that she can make some sort of massive move, even pull an upset because if not, i think realistically the race is over. >> if you have a president that responds so pitifully when our soldiers are even attacked in

iraq by iranian-backed accomplish supra aural headphones, this is what you get. >> we raised rates from 0 to 5.5% changing the whole cost equation for a generation that had never seen high rates. they've never paid 23% on their credit cards and now they are and they're freaking out. >> if you had to create a word cloud for biden, what would be the word that absolutely defines this man? it's weak. stuart: keri hillson, energy. nobody in this studio knows that song. you young terrifics should know. lauren: never heard it. stuart: martha? >> no clue. looking for the word energy stuart: look at sixth avenue. i say this every day, it's

deserted. freezing cold but deserted. 11:0 eastern time. wednesday, january 17th. straight to the markets and a downside move and big time move for nasdaq. again, big tech really not doing well. show me big tech, they're down all across the board and no winner there is and microsoft down couple of bucks, meta, amazon, apple, alphabet all down. i keep saying it, here's why, the yield on 10-year treasury and all treasuries actually has gone up, significantly. you now have 410 as yield on 10 year. couple of days it was 398. when you make a move like that, that's a very big move and investors do not like it. now this, on monday night, donald trump was in iowa and made a speech after his landslide win in the caucuses. he jumped on his plane and flew to new york city for court appearance on tuesday morning. after that, he got back on the plane and flew to new hampshire for a big rally. then he flew back to new york for a court appearance this

morning. this afternoon, he's back to new hampshire for another rally. talk about energy. his vigor makes many a younger man jealous. he's rallying his supporters with the high energy performance and a less confrontational style. no wonder senator ted cruz has just offered his enthusiastic endorsement. he says the race is over. the contrast with his likely opponent, president biden, is striking. on the rare occasion when biden appears, he's in attack mode and calls trump a dictator. trump says he wants to bring everyone together. what a contrast. it is the energy level and the mental sharpness that makes the most obvious contrast. i think something is going on and biden is hiding or being hidden and virtually disappeared and hasn't had a public event at the white house this year and highly unusual and called a lid at 10:00 in the morning yesterday and when he does appear, it's a disaster. he has to be led off the stage and doesn't look like he knows where he is.

this cannot go on especially during a presidential election and when the opponent looks vigorous and sharp. no one i know believes joe biden can be president for another five years. third hour of varney starts now. stuart: martha maccallum joins us this morning. they can't hide biden forever, can they? >> worked in the last round and covid provided a good cover for now president bide ton campaign from the basement. it's extraordinary what you laid out about former president trump's schedule. i just spent tens in iowa, got home and was glad to sleep in my own bed. this guy in the course of the last 24 hours has gone iowa,

home at 3:00 a.m., new hampshire rally, back to court, new hampshire rally, back to court. it is absolutely extraordinary. you know what else, age is a number; right. they're only a few years apart these two individuals that you just talked about, but one clearly does not have the en energies and abilities to get on the campaign trail. stuart: you can see it. he's ro robust. trump is robust and forceful. biden is anything but. it's the other way around. that contrast will really hurt biden in the upcoming election. i don't think he'll be the candidate, but i don't want to drag you into that argument. >> i've said in the past it wouldn't vise me if you saw a lyndon johnson moment. that happened in march where he dropped out. we're in january right now. that could happen, but there's no obvious error apparent. he said i'm a bridge to the

future last time he ran. when he picked his vice president, she'd be the natural heir. that's not happenedment her numbers are as bad as his. they're in a difficult spot. they want trump to be the nominee. that's the clearest contrast they can run against. they like the baggage and chaos that comes from form riprap, but the numbers show tremendous support. when they talk about how strong trump support s we're going to talk about that, but i think you have to look deeper into the numbers. stuart: i want to look at the media's reaction to trump's big win in the iowa caucuses. joe scarborough down playing trump's victory by comparing him to barack obama. roll that tape. >> if barack obama took 40 years off and then ran in a democratic caucus in iowa, would 50% of democrats vote against barack obama?

no, no they wouldn't. we can all sit here and put him sack cloth in ashes and moan about donald trump getting 51% of the vote. got to say for people that want to win general elections, that's not good news. stuart: that's a false analysis because he's assuming that the 49% who did not vote for trump will vote against him. i don't think that's true. >> well, yeah, i think it's kind of a joke to compare this situation. we haven't seen a former president that leaves the office for four years and comes back since grover cleveland. during those four years, a lot has happened and there's been a number of huge dents in the former president's reputation in the eyes of a lot of people. he's taken hits over the course of that type. there's no doubt about it. when you dig into the numbers, anyone that voted for desantis roughly he's the second choice. and the support for making america great again, that idea runs throughout.

it's impossible to compare the politics of those times, which were completely different. the obama administration, you had -- we used to have supreme court justices that got almost ewe non-mouse support. unanimous support. that doesn't happen anymore. we're in a very different time. making that comparison is difficult but we'll see what happens. we're about to have another contest in new hampshire and id encourage everyone to slow down, take a look at the next race and certainly looks like he's got a huge head of momentum. stuart: it does. >> you know, i'll be heading to new hampshire on saturday to see what happens because you cannot judge these things before we actually have the event. stuart: i think you love politics as much as i do. >> i do. there's no replacement for it on the voter field and enormous amount of support for president trump in iowa. we'll see what happened in new hampshire. stuart: we'll be watching you at 3:00 eastern time this afternoon on the story with martha maccallum. >> thank you, stu. stuart: the dow turned around

momentarily and it was up for a moment. mark tepper with me for the hour. i want to talk about the poor performance of tesla and apple. first of all, tesla, what's going on? >> look, for both companies there's command issues and strange thing last year rising tide lifted all seven boats of magnificent seven this year there's a correlation breakdown and with apple. they're having some demand issues when it comes to a $1500 iphone, they have the watch patent issue they're doling with, and you've got a -- dealing with, is and you've got a company that's seen revenue decline for four straight quarters and tough for a company to attract a growth multiple of 30 times earnings when it's not growing the top line. so, look, i think at a bear minimum, that stock should re-rate back down to its five year average multiple of 25, which would imply at least another 10% drop from here. stuart: you're not touching tesla or apple? >> i own apple but we're

underweight. stuart: okay. ev push. seeps like it's dying. what do you say? >> what's the next problem going to be? right now the charging stations aren't working and charging ports aren't working because it's too cold. there's not enough of a charging infrastructure. we watched jeff flock do state to state travel a couple weeks ago. the batteries aren't efficient, especially in the cold. you've got all the issues, and the biden administration needs to roll back this 2032 mandate of 67% of new cars must be electric. maybe there's a happy medium. maybe pivot to hybrid cars at a bear minimum, but this ev push is tough because there are dealers sitting with tens and dozens and hundreds of cars on their lots, they can't move them. the demand is not there for them. stuart: what a story. mark, stay there. with me for the hour. appreciate it. thanks very much. lauren is looking at amazon. this is airstripping story. lauren: yes, look at sinclair,

it's up 15%. the bottom line is amazon is reportedly spending $100 million for streaming rights to some mlb games: tigers, royals, marlins, brewers, rays and wants to stream on the prime video service. they're investing this money as part of a diamond sports restructuring. they're in chapter 11 bankruptcy seizure disorders. we're showing you sinclair, which is surging because they settled their litigation with diamond sports thanks to amazon's investment. this whole thing is getting sorted out. amazon prime now more of a place for sports and sinclair is out of litigation they have with the bankrupt company. stuart: schwab as in investment company. lauren: profit down six straight quarters and had to pay more interest on climate deposits and down 2%, much better than 6% earlier. stuart: an hour ago it was down 6% and now only 2%, that's an improvement. caterpillar. lauren: dow stock and down 2% today.

ubs cut price target by just $1 but to $2.09 and far cry from $2.89. stuart: wow. thanks, lauren. one city passed a ban on snow sledding in the middle of winter. we'll tell you which city made that baffling call. we'll figure it out. governor pritzker tried to down play donald trump's victory in iowa. listen to this. >> half the people in that party didn't vote for donald trump. so i think that is telling and tells you the weakness of donald trump and also the opportunity for democrats. stuart: analysis. that's my opinion and he's thinking that 49% of the voters who did not vote for trump will vote against him next time around. that's false. clay travis discusses more on this shortly. republicans have descended upon the granite state and making final pitch to voters ahead of first in the nation primary. what issue do new hampshire voters care most about? we'll have the full story and full report on that next.

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stuart: immigration was the big issue in iowa and it may be the deal breaker. what was that? okay. got it. it may be the deal breaker in new hampshire too. madison alworth in manchester. madison, it's the northern border that's in focus in new hampshire; right? has there been a lot of crossings? reporter: stuart, there's been a lot of crossings and we talk

about the center of northern border and that includes border of new hampshire and canada. in the would you sayer of one year, they've seen a 153% increase in migrant encould wanters. a huge -- encounters, a huge issue. concerns of crossings over the northern border have forced new hampshire governor, chris sununu, a nikki haley supporter, create their own task force to preplace the agents redistricted from the northern border to southern border. immigration and the border major talking points for all three republican candidates stumping across new hampshire ahead of tuesday's primary. president trump alone at his rally yesterday mentioned the border more than a dozen times. >> we had the saithes border in history three years ago and now we have the worst border probably in the history of the world. there's never been a border for any country, third world, banana republic, never been a border like this. never been, we're millions and we'll fix it and

very fast. reporter: immigration is moring than the economy and saying it's their top issue. something we've heard a lot of on the ground. >> i think it's out of control. you know, we have issues down there because there's no policy in place. people have to wait in line. we were founded on immigration, but we should have policy. reporter: and when it comes to that concern over immigration, safety is really top of mind. 30% of new hampshire voters say when considering the different threats to the u.s., immigration is their top concern. stu, i'll send it back to you. stuart: we'll take that. madison alworth, thanks very much indeed. chris ager is the chair of new hampshire republican party and joins me now. chris, i want to know who wins new hampshire? i ask because it's an open primary.

democrats can vote in this republican primary. i understand that's the case? i would suggest -- no, it's not? >> no, only republicans and undeclared voters, which is 40% of our electorate. stuart: those undeclared voters that are not registered republicans, they can vote, and i'm told a lot will vote and come in for nikki haley, giving her a significant advantage. do you see that? >> well, that's possible, and the way we vote with undeclareds being able to take either ballot, democrat or republican, that's been in place for over 40 years. so it's a time honored tradition here. what we see in the undeclared voters is some always lean republican and some always lean democrat and a few swing voters. the democrats are put out memos

asking them to vote in the democratic primary. their undeclared people that lean democrat to try and save joe biden because he's not on the ballot and there's a write in campaign to not be embarrassed. those undeclared voters are being pulled both directions. many voted for donald trump in 2016 when he lost the iowa caucus but won in new hampshire so the way the rules are, i don't think is really going to impact unfairly one side or the other. all three of major candidates are appealing to the people in the middle, because there's quite a few of them in new hampshire. stuart: haley and desantis both have to come in a strong second otherwise it's over. am i being too strong with that? >> well, if both candidates, nikki haley and governor desantis, they've both been campaigning quite a bit in new hampshire, and they've put their best foot forward here. if they don't do well here, you could say it's a view of what's going to happen in the future.

i would think it would be a big indicator if they don't do well here that maybe it's -- maybe it's time to reassess their campaign. stuart: do you have any doubts that donald trump will win significantly? >> i don't know for sure. right now it feels that he has the passion of supporters. he's former president and everyone knows what he stands for. so him campaigning retail may be less important than the others. some polls have is shown him within ten points, and i just go back to 2022 in our senate race, general don b buldoc with a 10 point lead and election night he only won with less than 1% of the vote. you never know with the polling, but i'd say on the ground his supporters for president trump seem to be the most passionate and out there and hear and see them everywhere. it does appear he has quite a bit of passionate support in the

state. stuart: chris ager, republican party of new hampshire and center of attention and thank you very much for coming on the show. appreciate it, chris, see you soon. >> thank you. stuart: yes, sir. a judge just ruled on whether special council jack smith can have access to donald trump's twitter feed. ashley, what's the verdict? ashley: well, federal appeals court rejected a request to block trump's tweeter feed as part of election interference case and decision comes after appellate panel rejected the original request. jack smith, special council, said he could have gotten the material from the national archives but that would have triggered a notice to donald trump so search warrant was requested with a non-disclosure notice and that in turn prevented trump from raising any executive privilege claims. well, twitter, which goes by x now, tried to block the request leaving one federal judge to speculate that ceo elon musk was

attempting to collaborate with trump. the social media giant ultimately lost the debate and forced to hand over extensive list of data related to trump's account. stu. stuart: they get access to trump's twitter feed? they get access? ashley: yes, indeed, they do. stuart: thanks, ash. check the markets and the story this morning is the decline in big tech, which is moderating a little bit. and the sharp rise in rates on the 10-year treasury. that's the market story of the morning. coming up, elon musk has revealed he's still holding onto some cryptos. we'll tell you which ones. lawmakers in california wanted to ban tackle football for youngsters under 12, but governor gavin newsom says he would veto the plans, whoa. did we just find common ground between newsom and clay travis? clay is next. ♪

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stuart: all right, some selling on the market, especially nasdaq. you know what's happening, two hours into the trading session and we're down 120 on the nasdaq. mark te tepper is with me and hs

stock picks with him. aspen aerogels. >> yeah, both are ev derivative plays and talking evs at beginning of the hour. this is for people who may want to take advantage of potential growth in evs, but they don't want to be directly in a tesla or rivian. aspen aerogels make a thermal barrier going around car batteries to prevent fires and makes ev batteries more efficient. they're not dependent on mass adoption of evs. they would certainly benefit from that, but they can do well regardless of whether or not evs are massive optics. stuart: how did you find this one? >> i told you last week, you complimented my research team in cleveland. they do a good job. i didn't find it. stuart: that's an unusual company. very interesting. next one, camico. they're a mining company. >> yeah, largest sourcer of uranium in north america. regardless if we need power to really supply these charging stations with power, we need power overall.

we have a shortage of reliable and affordable power and energy in the country. nuclear is the saithes. it is the -- safest and most affordable and most reliable and most efficient. if you think solar and wind will cut it, not going to happen. solar is i believe three times as expensive as nuclear and less reliable especially in cleveland where it's always cloudy. and wind, three times -- two times as expensive and need 400 times the land. cameco is the way to play that. stuart: play on uranium actually. stuart: has the river caught fire in cleveland recently? >> have to go there. should be making fun of the brown's playoff performance on saturday and that was worse than the river catching fire. stuart: not thinking about football. back to politics, governor of illinois says the results in iowa, trump's big win, show weakness for donald trump. okay, roll that tape. >> this is the most famous republican and the guy that

basically built the modern republican party, maga republicans that democrats are running against and half the people in the republican party didn't vote for donald trump. that's telling and tells you the weakness of donald trump, and also the opportunity for democrats. stuart: i want to bring in clay travis on that one. clay, i think that's a false analysis and assuming the 49% of voters that didn't vote for trump in iowa will vote against him in all other elections. that just doesn't follow through for me. how about you? >> no, doesn't follow through at all. republican, the 49% that didn't vote for trump probably 35% of those had trump as their second choice and they just liked somebody else better. this is the biggest win that anybody's ever had in the history of contested iowa caucus by double digits compared to what had happened in the past. look, i think trump will win new hampshire even if nikki haley is getting independent and democrat voters to come in because they

don't require party registration for the primary and there's not a democrat primary going on in new hampshire. if trump wins new hampshire, which i think he will, he'll then go on and win south carolina, nikki haley's home state. this thing is over. trump will be the nominee whether you like it or not. i think it's time to contemplate the race against joe biden will look like and law fare impact and how many different third party candidates will be on the respective ballots particularly in toss up states. that's where i'm already moving because it's a fore gone cross-examination and absence of some sort of health issue or wildly unexpected and frankly indefenseable supreme court ruling, donald trump will be the nominee nor the republican party. stuart: got that one. next case, i want to talk complete the catch at push to ban kids from playing tackle football in california. the governor, gavin newsom, says he'd veto that ban. you would too, wouldn't you? have you got some common ground between gavin newsom and you? >> yeah, gavin newsom and i are

singing the same tune here. my 11-year-old played tackle football for his sixth grade football team. we let him do it, his mom and i talked about it and he wanted to do it. this should be a parent decision. i had him play flag football, both my boys played flag football at 5, 6, 7 years old. tackling doesn't make a lot of sense at those ages but at some point parents need to make the choice in consultation with their kids that may or may not want to play tackle football. there's no big difference between starting tackle football at 12 as opposed to 14. everybody should be able to make their own decisions, parents, kids, and consultation. the idea of state coming in and saying whether or not you can play a sport is totally wrong. for once, gavin newsom and i are 100% agreement. stuart: reliability problem. if youngsters play tackle football, one gets injured, the parent goes to court and said you're liable. you allowed a dangerous sport in that school and you're going to pay me.

could that be an issue? >> not really. putting on my lawyer hat. usually you can assume the risk. somebody does something outside the bounds of the sport itself. the data reflects that kids are more likely to get concussions playing soccer where you head the soccer ball and somebody that played soccer, a few times felt like stars around your head after you catch the soccer ball the wrong way with your head as well. all those sports you assume the risk of the danger that might entail and that's why you sign waivers and understand the risk involved in playing the sports. there's no legal claim there i don't think. stuart: clay travis with gavin newsom, it's the parent's choice. didn't expect to hear that from you, clay travis. we heard it. >> having wine at french laundry soon. maybe you can join us. stuart: sounds attractive. clay travis you're all right, see you soon, i do hope. mark tepper, you have kids. would you allow them to play tackle football? >> absolutely. my youngest, my son, he's 12 years old. i agree with everything clay just said. this is a parental choice.

the government needs to stay out of this. when you look at california specifically, let's put this in perspective. in california, it is okay to mutilate children via gender affirming care. that's okay, but it's not okay for them to -- for boys to be boys and go tackle each other? now if you're concerned about conclusion, it's one thing with a 250-pound man running 20 miles per hour at you and you're defenseless. there's a good chance that's going to hurt. but a 70-pound kid running maybe 7 miles per hour and rough housing another kid. highly unlikely. stuart: interesting, good stuff. thank you, mark. one city passed a ban on snow sledding. ashley, you're going to tell us which city and i'm going to suggest this is result of municipal liability and don't want to get whatever it is. what's going on? ashley: yeah, that's part of it.

talking about toronto, canada. they have a lot of snow. the city is under fire for banning toboganing on 45 hills during the snowy season and one city council calls it utter non-cespedes saying people will probably ignore the -- nonsense and people will ignore them and hopes toronto doesn't take action against them. the hills in question are being deemed unsafe. safety hazard including trees and tree line and nearby fences, trails and paths. the city also pointing out that there are many other slopes they say that are peak splfectly safe fir -- perfectly safe for sledding and the toboggan hill inspection program is open in 27 park locations. we want to hear what outrebounded viewers think about banning sledding and tackle football for that. send in questions, comments, pictures or whatever to

varneyviewers@fox.com that'll get the people talking and allot maltly comes down to liability and the city doesn't. to get sued. stuart: them lawyers, thanks issue ash. coming up, president biden says his economy is working for everyone. if that's true, why is he being advised to abandon the bidenomics talking points. we'll try to explain it for you. coin base a major blow for sec regulating crypto. coin base wants to get the court case against them thrown out. that's next. ♪

stuart: the story today is decline of the nasdaq because of rise in 10-year treasury yield. that's the story of the morning. more on that later. coin base fighting sec's

attempts to regulate crypto. they want to get the course case against them town out. come on, kelly o'grady, i need help. can you explain what's going on? >> sure, stuart. basically the sec sued coin base. they're saying they're violating security laws, and today marks round one. you mentioned they're trying to get the case dismissed saying there's no basis and coin base is arguing two things, no legal investment contracts were ever entered into and therefore there were no securities laws that were broke and they're also arguing that crypto currencies are not yet classified as securities and sec doesn't have jurisdiction here. in the motion to dismiss say said, con haskins -- congress consistently regular niced it's overassigned and 15 proposals concerning regulation of digital assets and none reflect the view that the sec presently has the authority it claims. now the sec though, they're arguing coin base is operating as unregistered exchange broker

and agency and doing so they've harmed the consumer in not abiding by the appropriate restrictions and the judge is pursuing rather intense questioning for each side though they're likely going to take a few days or weeks to rule on the motion to dis-kiss. i'll note, a person familiar with the case tells me coin base doesn't expect to win the dismissal. it's very difficult to win these, especially against a government agency, but it is part of a broader strategy to get access to the sec's communications during the discovery process. stuart, this all comes as sec chair gary gensler is attempting to reign in the wild west at crypto and the agent sued over 50 companies in crypto under his leadership. i'll say, these cases are very merky. there's no clear definition, stuart, of what type of asset crypto is. but if the sec lose this is one, it could spell disaster for any push to regulate this base. back to you. stuart: it's a mess. that's my convenient explanation. it is a mess. kelly, that was a good job though of explaining it to me.

good job. see you later. tepper is still with me. change the story here. is bitcoin a replacement for gold as a hedge against world chaos? >> i would not go that far. i think it could be like a safe haven if you live in venezuela and lost confidence in your own currency. but bitcoin is a speculative asset. that does not mean that you shouldn't own it. i think you need to own it in the right amount. it typically does well during times of additional liquidity so when interest rates are coming down it does well. when fiscal stimulus is going up, it does well. if we were talking safe haven status, i would want something that did better than a negative 60% in 2022; right. that's certainly an issue. i think the noncorrelation aspect of gold maybe it is the better safe haven play. stuart: to me, it's a gambling chip. >> it is. stuart: it's a different form of investment, not really investment in the classical sense.

it's a gambling chip for me. >> then when you go to vegas, have fun but make sure social security within a certain range of fun; right? stuart: you're right. all right. now this, it's in full swing, elon musk revealing his plans to revolution nice payments ashley, can you explain what he's doing? ashley: he likes to use the term revolution nice. this term revolutionize payments on his platform this is year he says confirming rumors of a plot to replace paypal. you're talking about bitcoin, musk confirm that had spacex owns a bunch of bitcoin and still unions dog coin and he wants to make it the currency of the earth. musk reiterated plans to compete with paypal, visa and banks by offering products and service that will "reshape how we connect, communicate, and

transact". musk was granted a money transmitter license from the state of utah last week and is the 15th u.s. state to okay his company plans to offer payments. fascinating, isn't it? no matter what you say elon musk is the king of disrupters, stu. stuart: read that book about him, the new one. it's an excellent book and details he's the disrupter in chief and a revolutionary. remarkable book. all right, ash, thanks very much indeed. it's that time, show me the dow 30. we have a sense of the market. even split, same number up, same number down. fractional change for the dow, it's down merely a point. 37.3 is the level. question for you: is the american dream dead? one realtor says yes, it is. watch this. >> the millennials are the pinched generation where college essentially stopped working for most, the debt piled up, and the old american dream died and we got left holding the bag. stuart: that is freddy smith and

he'll join us next making his case. we'll be back. ♪ after last month's massive solar flare added a 25th hour to the day, businesses are wondering

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stuart: president bind just cant seem to admit that his bidenomics plan is not working. ashley, cast he saying now? ashley: i guess if you say something over and over, you start to believe it. president biden telling al sharpton in a podcast interview that the economy is doing just fine. listen to this. >> he let me talk about this and didn't acknowledge that the economy is doing pretty damn well in particular for those people that needed the most help. you and i talked about this before, everybody thinks because i'm president and i've been around a long time, they don't know. you're going to call out. for 36 years, i was the poorest man in the united states

congress. ashley: he's not anymore, that's for sure. biden shied away from the term bidenomics and instead now focusing on what he says is a threat to democracy posed by donald trump. stu. stuart: political asset to claim you were the poorest person in the united states congress. that's not a very good tactic. ashley: maybe, but i don't think people will buy it right now. stuart: certainly not. ashley, many thanks. a realtor popular on tiktok said the old american dream is dead. roll tape. >> the millennials are the pinched generation where college essentially stopped working for most, the debt piled up, and the old american dream died and we got left holding the bag. stuart: okay, that man, fretty smith joins 34 now. merch now. freddy, your argument that the american dream is dead is based almost entirely that youngsters can't afford to buy a home. have i got that right? that's why you say the dream is dead? >> that is -- that's at the top

of the list. i think a staple of the american dream is home ownership, and that's been true for the past 50 years and for the first time start in 2023, this is very significant, the middle class income, the median household income can no longer afford the average house in this country. they cannot qualify for the loan. this is the first time this has happened in 50 years so that's a significant problem. stuart: you're right on that. what salary is needed to buy a home to afford a middle class life today? >> well, if you look at average home in america, it's sitting around $400,000, and at a 7% interest rate, you would need to make $100,000 with zero debt. no car payment, no student loans, no credit cards to have a shot at qualifying. if you do have a car payment, student lo loans and credit card debt, which most americans have, you'll need about $120-$130,000 for a $400,000 home. for the average american,

statistically can only afford about a $250,000 home and there's only a few places in america that still offer homes at that price. stuart: what's happening at the moment is pans who have some money are helping those children and that's the only way they can get into a home of their own, is that accurate? >> that's if they're helping with the down payment but if the child doesn't have the 100 or 120,000 salary to back up it, parent haves to cosign along with the down payment if the child doesn't make over 100 grand for most met robin lou poll stan cities. that's interesting. stuart: a sharp decline in marge rates/or a sharp decline in -- and/or a sharp decline in home price s? >> a decline in interest rates are more likely to happen, but then it looks like it'll have a repeat of 2021 where there'll be a lot of people rushing to the market which could rise the prices even higher. but i think we're having more of

an income problem that's not keeping up with the cost of living. it's just a perfect storm not working in favor of millennials and gen zs right now. stuart: don't see much change in the immediate future? >> i don't. i would tell any young person to get their ducks in a row financially, learn about what it takes to get a mortgage, and be prepared so if interest rates do come down, you're ready to pounce because you don't want to be late if the prices start shooting up. you want to be early to grab yourself a property. stuart: fretty smith, we love garmin anal cyst. come back and -- we love your analysis. come back and see us soon. friday feedback, do you agree with freddy? the old american dream has died. let us know, varneyviewers@fox.com. it's the wednesday trivia question, i like this one and i think i know the answer. what is the largest stadium in america? the michigan stadium, tiger stadium, ohio stadium, beiber stadium? we'll tell you the answer after

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what is the largest stadium in the world coming me? michigan, ohio? i am convinced i know the correct answer to this. ashley: you say that every day. i'm going with number 3. ohio. stuart: you might be right. what if you got? >> i can say is number one, that team up north. stuart: i will say it for you. michigan is the largest on the yes it is. thank you. the stadium could hold over one hundred 7,000 people. the third largest stadium in the world. remember hamilton park in glasgow? i was there once for the scotland game with one thousand people. that was something else again. thanks for being on the show. i know we will see you soon.