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tv   Varney Company  FOX Business  April 3, 2024 11:00am-12:00pm EDT

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it's a really big problem, and people care about this issue more than they care about probably any other issue. it's just the bottom line. >> joe biden can barely talk when he's alone in a room. i say this repeatedly. he's not getting better with age, he's not a wine, he can't go against trump. >> we start decoupling away from china, it may be painful, but we need to do it just like emission standards going up and up. why shouldn't we have decoupling standards. >> the challenge for joe biden is he's behind. the challenge for donald trump is he's not ahead by enough to seal the election. he's not above 50% in any one of the states and he's only outside the margin of error in three of the seven. stuart: this is an old song for us. i want to talk about me. the implication is i am some kind of narcissist. you can't avoid me. it's 11:00 eastern. it's wednesday, april 3.
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straight to the markets and they've all turned around. we opened lower across the board and up 80 on the dow and 90 on the nasdaq. show me big tech. we're looking at a mixed picture and only one loser and meta, apple, amazon, and microsoft up, alphabet is down just 33-cents. that's it. the yield on the 10-year treasury keeps going up at 4.39% as of now. now this, this is a story that brings together several issues. the border, migrants, no cash bail and squatters. this could only happen in biden's america. about a year ago, a group of migrants come men deered an argument in the bronx and squattered. they appeared to be curb side drug dealers and open violence. they trashed the apartment. the landlord wanted to evict them, but the law in new york is if you occupy a house for 30 days, you can't get them out without a very long court case.
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eventually, one of the squatters brandished a gun and police raided finding guns, drugs and a 7-year-old child. they arrested eight people, incredibly, six were released under new york's no cash bail system, including the man that brandished the gun. no woppedder new yorkers are fed up with the coddling of criminals and that is a local issue, illegal migration is a national issue because they cover booeden's open boarder and squatters are illegal migrants, two that have long criminal rap sheets are venezuelan and biden has a deal to let over a half million venezuelans into the country, yes, he let them in. last night trump said the border is a blood bath because some americans have been robbed and killed allegedly by migrants. of course, he's criticized for using immotive language, blood bath? but it's about time someone told president biden how americans are indeed suffering from his policies. squatters, illegals, crime and violence, that is biden's
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america. third hour of varney starts now. stuart: so what do you say, pete hegseth, is this biden's america: squatters, illites and violence? what say you? >> stuart, i would say that if i haven't seen this story already, i would have thought it was fake. thought it was the plot of a movie, some dystopian made up hollywood story about a country that's completely lost its mind, which of course we have. this is the perfect manifestation, perfect storm of what biden stands for. he didn't care about citizenship. they have -- left doesn't care about citizenship for a long time. certainly don't care about boarders. they don't care about law-abiding citizens and their rights. you've got boarders, citizens, law and order then catch and release. all things donald trump is running on with an exact opposite position. think about this, you stole
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somebody's apartment in new york city. you're illegal, and you are released. like any serious company says -- country says once we take you out of the house, which we should have a long time ago, you're deported as fast as humanly possible. you're charged and deported immediately. if you're here illegally, it's a one strike system the way it should be but the left did this with their sanctuary policy. you said local policies and national policies. you're exactly right, stuart. they're merried together. if you want your little -- married together and the sanctuary city and the voter cans vote if they want but count me as mostly unconcerned from my compound in tennessee if they how you choose to want to live because other people can make choices. i feel bad for people that are stuck. they don't have an alternative and leadeers that don't represet them. stuart: well said. i'm turning to a subject very much up your street, donald trump is ripping biden for recognizing transgender day of visibility on easter sunday.
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pete, just watch this. this is trump, roll it. >> what the hell was biden thinking when he declared easter sunday to be trans- visibility day? such total disrespect to christians and november 5 is going to be -- called something else. you know what it's going to be called? christian visibility day when christians turn out in numbers that nobody has ever seen before. let's call it christian visibility day. stuart: why do democrats have a problem with christians and christianity? why? >> well, their god is government. and their s sacraments are powed and control. they obsess over things that bring them a larger coalition and more political power and manipulation over individuals
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and if you can change what gender you are or that we should see -- celebrate gender transitions on the same day as holiest holoi did in the christian columbia -- holiday in the christian colander, you've fundamentally transformed the country and this is a great example of that. christians need to stand up and speak boldly about what we believe and say y'all have lost your mind. it's okay that we have traditional values that we read about in the bible and believe in our family that our country was founded on and we'll stand up for those things and don't have to automatically defer to whatever you just made up. that's what trump is representing and the white house walked into. stuart: well said, we don't have to automatically defer these. pete hegseth, you're a great guy. i don't care what they say. >> thank you, stuart. stuart: talk to you soon, pete. good man. now check the markets, please. turn around city. dow up 90, nasdaq up 90, s&p up 21. didn't start like this, but
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we've got favorable inflation news about 10:00 this morning and turned the market around and we're now green all around. mark tepper with me. we had a huge first quarter rally. it was a really big rally. huge. do you expect a big turn around now, downturn now? >> we're certainly overdue for a pullback. typically in election year, you're looking at pullback in the range of 15-16% on average and we've skene nothing. i mean, worse we've seen is maybe 2%. so the market has been very resilient in just continuing to move up. when you look at underlying technicals, it looks like the chances of a meaningful pullback is highly unlikely at least right now. technicals can deteriorate and i'm talking about percentage of stocks trading above their 50-day moving average and the number of stocks making new 52-week highs like those continue to go up. when those are going up, when operating margins are increasing, it's very unlikely you see a meaningful pullback. what could cause a meaningful
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pullback is the fed if they get more hawkish. despite the inflation data you spoke of, look at month over month cp and i recollects going from 0.2 to 0.3 to 0.4% the last four months. inflation is moving in the wrong direction and there's a chance we get zero cut this is year f. that starts being communicated, you'll see a sizable pullback. stuart: but not yet. dropping substantially and coming down significantly. i'm saying the market turned around at that point. the fed would look at those numbers i would presume. >> yeah, strong adp report as well and commenting on that on the flip side and manufacturing prices going through the roof and they're at like a 3-year high right now and we spend more on services than on goods and that should be a positive, but
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we'll see. oil it up like 25% year-to-date. we feel that in every aspect of the economy and services and goods, the food on your table and not just gas going into your car. we'll feel that everywhere. stuart: you're expecting a significant pullback at some point but don't know when. >> give me one more 0.4% month over month cpi and fed will change their tone and you'll see a pullback. stuart: interesting. stay with me for the hour please, mark tepper. lauren's back looking at movers. i want to start with eli lily and straight up again, 2% higher already to high level. what's the story? lauren: citi group raised price target to $895 from $675 and about two weeks ago we told you for the first time ever, eli lily's weight loss drug surpassed novo nordisk wegovy
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that if you needed the drug, some doses are available through the end of april. end of april. go ahead. stuart: that's all you got. i can't remember, is it a pill or injection? lauren: injection. stuart: i'm waiting for the pill. lauren: it's by eli lily. stuart: i'm waiting for the pill. you know, needles. sofi technologies. lauren: it's a fintech and huge in refinancing and student debt markets and got a new bull in neddum and go to buy and large term winner largely because it's focused on prime and super prime consumers. stuart: ulta. it's a beauty store, right? lauren: popular with teens and preteens and paying for their parents pocketbook. this is like the rage market. >> you're speak my world right now. my daughter's are 14 and 16 so i'm familiar. stuart: okay. lauren: mine's 8 and they do masks and put on lotions. stuart: they do? lauren: yes. you have adults going in and kids going in and yet ulta is
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warning of a bigger than expected slowdown in demand this year. the stock is down -- stuart: 15%. lauren: worst performer. stuart: especially tay lauder is down -- este lauder is down. lauren: yeah, the other beauty companies are down. stuart: tool belt generation with youngsters going for aprep tisship in blue collar -- apprenticeship jobs with blue collar. why is that? mike rowe on that . what's it going to take to get things to change? we'll take it on, next. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms.
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stuart: the latest on the crime crisis and it is a crisis. a innocent bystander shot dead while shopping inside a bodega inside new york city. did the police catch the shooter? lauren: not yet. in any event bystander, 29-year-old and looking at chips when he got shot in the leg by a stray bullet. i looked at some video and two men seemed to be wrestling over a gun and one appeared to be trying to mug the other and then there was a it's l and the bystander was -- tussle and the bystander was shot and died at the hospital this. died on easter. you have all of this crime and shoplifting and guns in new york city that this innocent guy on a holiday gets shot by a stray bullet? stuart: yeah, one story after another and it's new york squattered and bystanders shot
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in a bodega. lauren: subway system. no wonder people are leaving. stuart: yeah, they are. i don't have the numbers on it. but people are leaving this city and that's a fact. lauren: happened at 4:00 a.m. but even in broad daylight. stuart: highlighting biggest threats for small businesses and what's in the top spot? lauren: it's cyber attacks and 60% of small businesses say malware, ransomware are a big concern and cybersecurity is a big concern and expensive. 48% worried about supply chain disruption and 54% worried about another pandemic and 28% of small business owners say they're one disaster away from going out of business. from having to call it quits because their costs have gone up so much and their concerns are so deep right now. >> small business optimism is terrible right now. you contrast with what the stock market's doing in making essentially new all time highs
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almost every day and small business optimism hasn't been this bad since the depths of the pandemic. it's pretty brutal and on the cybersecurity issue, i'm a member of young president's organization and entrepreneurs organization and i'm talking with business owners every single day. over the last year, i've talked to several of them who've had to pay seven figure ransoms to hackers and operate in good faith that believing that ransom is the last one the hackers ask them for or demand from them. cybersecurity, big issue especially for small business. stuart: you've met people that had that happen to them? >> absolutely. stuart: small businesses more than one or two? >> yeah, and figuring out if i pay it. if i pay it will they come back for more? that's one of the things that they've been criticizing the crypto universe over is that's how a lot of ransom dollars are paid. i've seen it secondhand from the associates that i work closely with. lauren: it's cheaper for them to
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pay to un-paralyze their business? >> without a doubt. to pay the ransom, yeah. stuart: seeing that money flowing out the door and don't know if they'll hit you again. talking about the markets and dow industrial up 80 and nasdaq up 90 points. talking gold. you think people should have some, it's at a record high, $2300. you think people should have some exposure to gold in the environment? >> probably another 10% upside from here. when you look at gold, i've said this about bitcoin as well in the past. when you look at gold, you want to size it appropriately. i don't think it should be a 20 or 40% holding in someone's portfolio. but 1-5 is the sweet spot depending on how conservative someone is and depending on their take on potential calamities, geopolitical resident and can gold works during times of not just inflation but deflation and it's a risk off play.
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we're not in a risk off market and it's done very well this year. obviously it's trade on inflation. stuart: how do you get into gold? gld? >> yeah. gld. some want to hold $10-$20,000 in gold in their house and to each their own, that's fine. easiest and most liquid is gld. stuart: or bury the coins in the backyard for estate planning purposes. >> leave a map for someone. stuart: t cryptos, i have a bitf ethereum and it's doing well. will it do better? >> bitcoin, ethereum, crypto, their risk on assets and they're liquidity based and if the fed begins cutting rates, expect these two to do well. stuart: bitcoin to me is a gambling chip and can that be used to write contracts, secure contracts and there's a use for ethereum. >> yeah, there's a use outside
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of currency and then i forget the actual terms but proof of, i don't know, there's two -- ethereum is supposed to have the better technology with the currency as well. both are worth holding if you size them appropriately and i told you in the past, i own a bit of each. not a lot. i mean, i've got at least 20 years until i retire and having up to 10% of my portfolio in these kinds of assets and i'm not there. if i lost 10% of my money going to zero and 90% going for the next 20 years and 65, 70 years old, maybe 1, 2% and more reasonable. stuart: thank you, mark. moving on. you stay. coming up, the survey says people think they need over $1.4 million to retire comfortably. that's interesting. we have the story for you. 1.4 million. there's a new special on fox nation examing three unsolved murders.
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watch this. >> like something out of a horror movie in the int entrancf his bedroom and there's a big fish tank. >> it's one of the most gory homicides i've ever covered. stuart: this is a new fox nation special d. he help solve any of these case s? we'll find out because he's next. ♪
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stuart: mark tepper has brought with him some stock picks. okay, big deal. >> crusher. stuart: absolutely. he starts with ui path. what's that? >> this is a robotics and automation and ai play. now, this is a stock when you talk ai, you talk automation and these thing haves done so well over the course of the last 12+ months and the stock is down 13% year-to-date. now, it's a smaller company, they just turned their first quarterly profit last quarter. big things ahead for them but if
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you think alaska everything that's going on from equity in the workplace to california's $20 minimum wage for fast food workers to california's right to disconnect they're trying to pass and all this stuff bodes well for more automation. that's what these guys do. stuart: next is camico. >> i wanted to bring this back up again. it's nuclear energy play f. you think about more automation, more data centers, more ai, get reliable power to those data centers. there's no better way to do that than nuclear. talked about this maybe a month or so ago around 40 and good opportunity to buy in a pullback. it's still a great opportunity here and gol goldman sachs initd coverage with a target of 506789 certainly upside from here. stuart: i was talking a guy that designs and builds these the other day and they're gigantic and demands on power and some
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have to have own dedicated power utility. >> they normally have to negotiate with the utility company to ensure there's going to be enough power. normally if you open a warehouse somewhere, you don't have to do that. for these guys, they obviously do. stuart: cameco is involved in that? >> yennis, biggest in north america. stuart: 32 people shot, seven were killed. garret tenny is there for us and what's garland's plan to fight crime in chicago? reporter: well, stu, the attorney general says the justice department is doubling down on the strategy to address crime by taking a more wholistic approach to -- holistic approach to violent crime by investing $275 million into community-based programs that work to prevent crime through intervention and things like counseling, josh training and having folks from those neighborhoods oftentimes former gang members that know the
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streets working as peacemakers before fights turn deadly. there's a lot of debate over how effective those kinds of programs are and garland to the nation with drops in homicide over the last few years and highest in decades and as proof that the biden administration's efforts are in fact working. >> making sure those in your room and partners across the country are protecting they're communities. reporter: it's plaguing cities in the country and minneapolis up 35 and oakland up 17 and
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national fraternal order of police and biden administration serious about addressing violent crime, they'd instead use this new federal fund to address the nationwide shortage of police officers. >> all this extra money being forced on programs that aren't designed to make our communities safer is a complete waste. in austin down 600 officers in washington dc down anywhere from 7-800 officers. in seattle they're down 700 officers and in houston alone, we're down anywhere from 1,000 officers of what we need in order to fill the call volume. in is an epidemocrat and i can likes of which i've never seen in my 19 years of law enforcement. reporter: today the attorney general announced the justice department sending its own teams of prosecutors to assist local district attorneys to go after the most violent criminals in three new cities: hartford, connecticut; jackson, mississippi; and st. louis,
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missouri. stu.stu. stuart: thank you, garret. fox nice nation out with a new series about active homicide investigations. watch this. >> they say there's no such thing as a perfect murder. >> we need to know what happened. >> she was afraid for her life and her life was taken. stuart: the show is called unsolved with james patternson and james joins me now. >> here he s. stuart: there he is in living color. james, are you going to try and solve any murders? is that part of the show? >> we put that out to the viewers and it's apparently doing great. big, big numbers and that's terrific. people love these -- and the fox people -- the production people went out and found three jaw dropping crimes that haven't been solved. one was a woman in louisiana, and she built this f fortress protect herself cameras and weapons and found her dead in the house, but the cameras had
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no -- nothing in terms of how she was murdered. there was another one in san francisco, and the guy was almost a saint. people loved him in the neighborhood, and they knew that his body was somewhere in the house and they could not find the body. we do find the body in the show though. it's that kind of thing and it's just really -- people love true crime. i'm happy they do on some level. stuart: you're putting on television, all the details of these three murders, think somebody might come forward with a solution to any of these? >> that's one of the hopes, absolutely. it is an interactive show in terms of what's on the screen and people who are watching it. maybe that's why it's so popular. i want to ask you about your new book and i've read the others. >> you must. i love that. stuart: why not. the book is called the number one lawyer, i believe. is that correct? put it up on the screen. >> yes. there it is. stuart: do you have any legal
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training yourself? >> i'm addicted to murder trials. i love them. if you look back 12 angry men, if you remember that movie, wonderful, kill a mocking bird obviously. presumed innocent. all the greige ham things and i wanted to see if i could tell a great murder story and you always hope all the books turn out and number one lawyer turned out well and it's a guy and he's a very famous lawyer and has to go to court because he's on trial for murder himself. he supposedly murdered his beautiful wife, and he decides he's going to defend himself, which is kind of unusual. but it's a good story. stuart: based on any true crime? >> no. it's -- this one hopefully will solve it in the book. i'll leave it up to the readers to find out though unlike the fox nation where it's all unsolved. a stock tip for you. women's sports.
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stuart: say that again. >> women's sports. there's your stock tip. stuart: wait a minute, you're confusing me, james. there's a stock called women's sports? >> no, just in general. women's sports i own part of a soccer team, volleyball team for whatever advice. and i'm rich so i must have figured something out, i don't know. i don't know about the last guy. if he's that rich, why is he talking about it. just be counting his money. stuart: stir the pot a bit, james. are you in favor of biological men competing in women sports? >> no. stuart: okay, that solves that one. you'll get some feedback on that one. >> well, it doesn't solve it bua real big athlete and was a four-time all american. it doesn't make sense. you can't take -- in a lot of sports can't take someone that's that much bigger and stronger. it's crazy.
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it just -- for me, it doesn't make sense at all. stuart: i have 30 seconds left and may not wish toens this. a lot of people on this program are not keen on lawyers n. your book, the #1 lawyer, is he a good guy or bad guy? >> he's pretty guy. with john grishom, he is a lawyer and he's not a big fan of lawyers but i'm okay with them. i have lawyer friends and my agent is a lawyer. washington lawyer. good guy. human human being, i like him a lot. bob barnett. it's a mixed bag. stuart: we'll leave it at that. james patterson, thank you for being with us. >> good talking to you. bye bye. stuart: all right, now this, oregon rolling back it is failed drug de-criminalization policy. that didn't take long. lauren: three years, done. okay. what killed it? oh, more addiction, more overdoses that were deadly, and criminal activity that's often assoassociated with drugs.
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the highly democratic state has had enough and their governor tina signing legislation to re-criminalize hard drugs. you're caught with them and face 180 days in jail or get treatment. and the treatment available and putting it out of the no strings attached and they lost control of the city. 8 in 10 people are scared to go into portland downtown at night night because when you invite drugs, you invite crime. and tent cities and all the things that make people feel unsafe and not wanting to spend their money this. stuart: isn't that just common sense? lauren: yes, but this is the world lately where there is none. stuart: okay, i'll move on quickly. coming up, some colleges will cost $95 in tuition this fall. is that why more gen z
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youngsters are turning to blue collar jobs? we'll ask dirty jobs guy mike rowe. they're selling extra items to make ends meet. more from a pawnshop in chicago, next. ♪ morikawa on 18. he is really boxed in here. -not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? -anybody see it? oh wait, there it is! -back into play and... aw no, it's in the water.
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and low monthly payment options are available. and if you call now, you will also receive a free seven-year warranty valued at over $700.00. call or go online now to request your free quote. stuart: what is the number one thing people are true travion green eight hours to pawn these day s? reporter: stuart, randy cohen the owner of the store tells me it's just about everything because as we know, times are tough. i have randy here with me to talk a bit about it.
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you have told me you have a great gauge on how people are doing and how the economy s. the white house says things are on the upswing and based on inventory, what would you say to that? >> it's not doing good because i've never had so much inventory in my life and they're not picking up stuff. tames are getting rough and i can't put stuff in 4:showcase because i'm busting at the seams and never had this many rolexs and cartiers and diamond bracelets and taking in shoes and stuff i've never taken in my life because they've gotting in else to pawn. they really don't. it's getting bad out here. in all my life, i've never seen it like this that they've got o pawn anything they can get their hands onto pay their rent and mortgage and car note. it's getting a lot to tougher tn it's been in years. reporter: people from all walks of life are stepping into the store. >> well, even the middle claman countdowns now are starting to come in and sell stuff and pawn
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stuff and at 50% getting it out and not picking it up. it was stuff i never had before. i never had this much inventory and i don't have room here anymore. it's crazy. and getting worse. >> mark tepper is with me and earlier you suggest that had gold already at a record high over $2200 is going to go up some more. if anybody in that pawnshop is pawning gold rings, maybe they should hold onto them. >> i would think that's a good idea.
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you look at gold. gold is very likely it'll hit $2500 this year. there's probably even higher than that and 10% upside and especially if inflation continues to reaccelerate, which i do believe that's what we're seeing right now. but i got to tell you, man, i'm hoping the used watch market comes back down to earth. that thing just skyrocketed at the beginning of the pandemic, and i think last year actually like rolex and ap, patec came down in value. maybe i'll have a chance to pick up a used watch sometime soon. stuart: okay. thanks, mark. a new survey, there's lots of new surveys and this is an interesting one and how much you'll need to retire comfortably. what is the magic number? lauren: 1.46 million. okay, to retire comfortably, not sure what that means. that means something different to everybody.
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stuart: how much do you think you need to retire? put a number on it. haven't got a clue what it's all about. it was bogus. lauren: the 401(k) plans and most started saving early and maybe 1.5 million is not a lot for a young person looking all the way out, but someone closer to retirement that didn't have a lot because they department set up early enough. stuart: never seen on the surveys. lauren: i do them every day. >> you need a financial plan done by a professional. stuart: there you g mark tepper. that's right. >> look me up. stuart: i want to flag this.
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>> they may or may not appear. stuart: more than half of the dow in the green and being bought and dow up 74 points. in just a moment, talking to dirty jobs guy mike rowe about the shift from college to blue collar jobs and going on and happening. more varney next. ♪
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stuart: more youngsters are skipping college to focus on a trade career. enrollment jumped 16% in vocational colleges last year. mike rowe is with us this miranda warning. the dirty jobs guy. that's a 16% increase in
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enrollment in these trade schools. that's huge. how come there's such a sift away from colleges. >> people are paying attention. you and i talked about this a bunch and it's a bit like turning a tanker around. you're talking about perceptions and attitudes, stigmas and terrific yo types and all -- stereotypes and all sorts of things and people need to be deprogrammed about this idea that the best path is with the people is a 4 year degree and gen z just happens to be on the tip of the spear at the moment and that article in "the wall street journal" is filled with data that, well, a little too early may be to take a victory lap, but i've been at this for 16 years now and parents and kids alike are starting to get the message. frabs withs the debt in at all
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and a clear path to something that look as lot like pros prosperity. >> it's intimidating and we've got to believe it or not, there's four colleges, which this fall could cost up to $95,000 and that's tuition, room and board $95,000 and you see that price tag and start thinking again >> that's for a year or semester. that's not for the diploma. you do that times four. it's all over the place. it's so expensive and for as lon as i can remember, we haven't talked about it in terms of a purchase. we talk about it in terms of investment. but people are starting to smell a rat there too. right. a thing is either affordable or it's not. you can attribute an roi to it or you can't. i think more and more people are starting to look at that diploma
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on the wall and seeing it for what it actually is. which is a receipt. stuart: one thing you don't get is the university experience, mixing with other kids and youngsters of your own age and similar background probably. you don't get that, do you? >> no, you don't. and that's a fair point. but what exactly is the university experience today? i think we're going to be entering a whole new time, stuart. where the smart money is going to be, go to a trade school and learn a trade and your liberal arts degree is right here and if you have an internet hookup, there's access to the known information in the world. i agree. you don't have the student union, don't have the coming together and the exchanging of ideas in person and all that's important at any price, how many
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kids and 50% of people that start a college pursuit don't finish. those people, their debts aren't forgiven and you owe a bunch of money and no degree and no training. 10 million open jobs right now that do require training without a degree. so i think gen z is starting to realize that they're pushed in the direction that doesn't lead to a place they want to go. stuart: after all these years, mike rowe, things are turning in your direction. it's a wonderful thing to see. well done. >> well, thank you. we have $1 million we're giving away at mikeroweworks.org. stuart: how do i apply? >> go to mikeroweworks.org and fill out the application. we do this every year and if your viewer's kids, grand kids, whoever is listening. plumbing, steam fitting, pipe fitting, welding, carpentry.
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it's all there. it's a straight path to six figure job. stuart: hart cut. mike rowe. you're all right. that's a great program. more varney next. to me, harlem is home. but home is also your body. —last one everyone. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick—and—mortar in new york is not easy. chase ink has supported us from studio 1 to studio 3. .. and chase ink was that for me. earn up to 5% cash back on business essentials with the chase ink business cash card. make more of what's yours.
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stuart: how much money and
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analysis, 4 presidents today redecorate the white house when they move in. 57, $100,000. let's inflation. this is 1999 apparently. >> i am still going with a hundred. seems like -- stuart: so do our. to redecorate the white house. always right. 1800. $14,000. nowadays that is worth $340,000 adjusted for inflation. thanks for being on the show. president biden was supposed to deliver remarks on healthcare costs at 11:00 this morning, an hour late. that is it for varney and company. coast-to-coast with ashley starts now

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