tv Varney Company FOX Business April 26, 2024 11:00am-12:00pm EDT
11:00 am
11:01 am
the data never suggested that. i mean, joe biden wouldn't even take a super bowl interview, the easiest one one with the biggest audience. to think he's going to go before some actual hard questions. >> we would ly flood the global market with cheap, clean, american oil and gas. you drive down the price of oil below $50 a barrel and putin's war machine is done. >> 40% of police officers day-to-day is apredicated on writing police reports and doing other administrative tasks, we think we can cut that in half. >> the problem with the system, americans are seeing that this is being used against president trump. then the trust in the system as a whole begins to collapse. and everyone loses. david: that is phil colins
11:02 am
ripping on motown. i thought that was the real motown. but it's phil colins and he's still very good. it's friday, april 26th . i'm david asman in for stuart varney. check the markets. they're doing okay. the nasdaq is jumping like crazy over 2%, 339 point gain on the nasdaq. a lot has to do with microsoft, alphabet, they're doing extremely well. when mile the 10 -- year treasury is down 3.7 basis points now at 4.67. times says "for anyone that understands the role of free
11:03 am
democracy it's troubling that president trump has avoided -- president biden avoided questions and grant the far fewer press conferences and sat down with independent journal is than virtually all his predecessors". we checked it out, it's true. this is the basement strategy with a basement strategy. he did that in 2020 and we were in the pandemic and no record to defend. now there's no pandemic, donald trump is out doing his thing even confined to new york. and biden is not workings hard at defending a record that many say is indefenseable. >> not even at all. he's running for reelection and biden granted two sit down interviews with the press his entire president seizure disorders. the new york times, the publisher complained about this personally, in person, with vice president kamala harris.
11:04 am
and she told him to contact the press office, which was a major blow off there. there's two really big issues here and one is that biden is ignoring the press. more so than any other president in the past. and two, that's important because of his age and americans belief about his possible physical and mental ability to do the job for another term. we saw just the special council saying during their interview, biden was quite forgetful. that's something if you do an hour sit down interview with the press might appear so they really, really don't want to take that risk. david: he's meeting with howard stern right now but these are the softball interviews that he goes to that can't really be called serious journalistic interviews. and meanwhile the house has falling down, not only in our own country but all over the
11:05 am
world and there's problems he's not addressing and one of the big ones is here in new york with the pro hamas o protests and we saw speaker johnson and we see donald trump. he's almost as old as president biden. just a couple of years younger, but he looks so much more vibrant and goes into the crowds in a way that biden couldn't dream of doing and in the contrast it's extraordinary. and >> well, if you look at polls and there's a lot of polling done about this, more people believe that biden is not physically and mentally able to serve another term as president than believe that about trump. it's kind of obvious, go listen to a trump rally and he's really quite energetic and everything
11:06 am
about biden says the opposite. david: even the hard hats that trump goes to as spontaneously at various construction sites. i just want to finally go to one point, we got to make it quick, but the university in california, southern california is now canceled its commencement ceremony. that brings to bare after parents, i know the students, a lot of people don't have sympathy for them but have sympathy for the par parents tht spent their life saving's sending the kids to these schools and one of the great joys of a parent's life is going to a graduation ceremony where that is -- that payoff really, really hits kids and parents right in the heart. that's not happening on a lot of campuses because of the inability to deal with these rioters. i would call them rioters in many cases. >> yeah, that's huge news. usc is a huge school and
11:07 am
commencement is a huge seventh they've canceled. this shows that some universities and by no means all universities across the country, but some universities the administration totally lost control. physically lost control of the campus and is not able to keep going with normal events of campus life like much awaited graduation ceremony. david: yeah, byron, thank you so much. byron york. check the markets and especially nasdaq, up 332 points right now. jonathan hoenig joining me. joe than, we have that big -- jonathan, there's a big selloff in meta and people saying oh, boy, tech is finished with the run and microsoft up about 11% right now. alphabet, amazon is up doing well and i can barely see that and alphabet up about 10%. wasn't the meta loss overwrought
11:08 am
when you look at what's happened today? >> it was a big move down and google put that alphabet at new al time high today and the fact you saw facebook, meta sell off so dramatically this week for me as a professional investor, it gives me a little pause. in 2022, it was that selloff in meta early in the year that really prixuated the selloff in stocks and there's a strong bounce today and60% of stocks below their short term moving average and frankly a lot of data simply not good. just this past week we found out the gdp is slower than expected, inflation is hotter than expected. david: true as well. >> a good defense is their best offense in this market. david: but at the same time we have this new technological explosion going on with ai, and it is paying off. that's what we've seen with alphabet and microsoft, particularly that we've seen the payoff in terms of revenues from this new thing that we're promised when things like nvidia
11:09 am
took off, but a lot of people were skeptical of whether they'd pay off and now we know it's here. >> yeah, david, not a kasandra and i wouldn't fight the stocks and reminds me very much of that dot come era and back then in the late 1990s, there was a handful of stocks -- david: they weren't making money and now they are off the ai bus. >> yeah, and david in the dot come era, once the companies made money, the valuations contracted and came in so, look, nvidia, wonderful company. microsoft, wonderful company but they're pretty sustained and elevated fundamentals and that's why i'm looking a bit more off the radar screen for my money. things that people aren't necessarily talking about. that's where i think investors can make money in the next couple of months. david: very quickly, one is china. tell me about that stock. >> yeah, it seems pretty-off the radar screen, david and contrarean and it is. chinese stocks haven't been this cheap, only four times in the last 20 years and getting a bit of bounce today on that meeting you mention a little earlier in
11:10 am
the show. xxi is an index of large cap chinese stocks and this is a true contrarean play and i don't own it at capitalistpig.com but it's the cheapest in the development world. david: they're cheap for a reason and many say the country itself is going down but that's another story. jonathan, great to see you. thanks for being here and have a great weekend. >> be well, david. david: lauren, take ago look at exxonmobil. who you are they doing? lauren: down 4%. profits decline 28% in the first quarter from a year ago because of sharply lower natural gas prices and decrease in exon's refining markets and look at free cash flows and it's a gusher. $10 billion despite all the spending. david: snap, they're up big time. lauren: yeah, rare upgrade and say the stock is going up a bit more to 15 a share. double digit growth back at snap and they've successfully deployed augmented reality and
11:11 am
artificial intelligence for users. david: boyd gaming. lauren: profits missed and expectations stock down 15% and fewer going to casinos and using some of the products and may blame severe weather in the midwest and south and a lot of competition out in las vegas. david: i'll say. i'll say and online as well. thanks, lauren. coming up, have you noticed president biden has started walking with a whole entourage and now reports saying it helping him look a little less old and frail. we'll explain how that works and president trump says the supreme court's hearing on presidential immunity is "monumental. watch this. >> it's clear that the president has to have immunity and don't have a president or most you can say with a ceremonial president. david: the question is how far should that immunity go? we'll be asking a former trial attorney for the justice department and top tech ceos are joining a federal ai advisory
11:12 am
board and what this board is going to be responsible for coming next. ♪ it's odd how in an instant things can transform. slipping out of balance into freefall. (the stock market is now down 23%). this is happening people. where there are so few certainties... (laughing) look around you. you deserve to know. as we navigate a future unknown. i'm glad i found stability amidst it all. gold. standing the test of time.
11:13 am
hey you, with the small business... ...whoa... you've got all kinds of bright ideas, that your customers need to know about. constant contact makes it easy. with everything from managing your social posts, and events, to email and sms marketing. constant contact delivers all the tools you need to help your business grow. get started today at constantcontact.com constant contact. helping the small stand tall.
11:16 am
11:17 am
like you name it. the electric grid, water pumps, et cetera. this is according to a report in "the wall street journal" and part of a push to protect the economy and public health from ai-powered threats. they'll work with homeland security to oversee power grids, transportation services, manufacturing plants to name a few. for decades, the u.s. government avoided regulating the tech industry and in some cases because they don't want to stifle innovation; right? growing concerns over pre-fitting measures seizure see disorders -- privacy, antitrust and now they've prompted action. big tech reported spending more than ever on artificial intelligence despite the result, ai is getting more expensive for big tech, microsoft announcing $14 billion in cap ex-spending for the quarter and more than the company spends for an entire year on cap x. cfo of microsoft saying near term ai demand is a bit higher than available capacity. ceo saying in the conference
11:18 am
call that ai is powering goo google's growth the board plans to hold first meeting in may and will meet quarterly the official said. david, back to you. david: gerri willis, thank you very much. much kara frederick is hereto t. i think of cyber terrorism, which is a very real threat and think of china's animosity towards the united states and the way they've been spying on us and how they may get to throw out viruses that affect the infrastructure. now might be the time for a group like this. >> that probing like iran and north korea and russia and they can get in there and they know that, you know, we are vulnerable in these areas and especially when it comes to critical infrastructure and reports and transportation and
11:19 am
fuel pine lines and that attack that happened once biden took office. >> and all the chinese nationals streaming through and why they've been said here. they're minting them all the time and we're doing all the other things in our universities and china taking these seriously and it's the name of the game and ai about speed, scale and efficacy and china said they want to dominate ai by 2030. taking with the personnel and technological development and harness those tool to attack us, better believe they will. david: to mix metaphors and shoe horn ai technology into cyber terrorism. where we prepared to counter that? >> talking to some officials and
11:20 am
people with intimate knowledge of the situation, i don't believe we're as prepared as we should be. that's a big problem. we've known it's on the ridge line and not shored up a lot. david: i want to switch to tiktok and a new report out that tiktok owner byte dance would rather shut down the app than sell it. i'm just wondering, what are they atrade of? i get the sense that if there was a new owner, they're afraid that new owner will be able to see all the things they've been up to. >> and, david, that tells you everything you need to know about tiktok as a weapon. it is a weapon as director of fbi christopher wray said of collection and control. that control is absolutely critical. look at algorithm and president trump tried to ban in 2020 and weechat another platform and china said we'll not give up tiktok's algorithm and that tells you everything you need to know about the influence of wheels and information in the environment.
11:21 am
david: we had a attorney general and believed he could shut it down and 175 million americans use tiktok and most shouldn't be. most of the kids anyway. but the point is that is, you may be able to do it in various locations around the country in certain states but could you do it nationally? if the chinese hold onto it and a ban goes into effect. how do you shut it down in the ethosfere. >> it makes tiktok not available on those app stores so every version that you have in a year because of that diversement implementation guideline date, that's the latest version you'll have. david: it would phase out because you're not inputting the new versions? >> yep, not updating and not matmatching and having security vulnerabilities and more robust and dying on the vine. if they don't invest, which they
11:22 am
should. >> great to see you in person. david: i don't see you in new york very often. good to see you. >> you too. david: lauren, how do workers feel about using ai? lauren: we don't have a choice. >> 62% of professionals and using ai in their every day work mostly for research and fields thinks pr, social media and 87% use ai and helps them deliver new content, content is their life blood. i get it. just because we say we use it, we're open to use it doesn't mean we trust it and we want human at the wheel and all said, we double check what the algos do. david: pr there's not much damage there. lauren: the quick answer and thinking and not just accept what the algorithm gives you. david: thank you very much, lauren, and cary remarks for
11:23 am
being here. care ragaini, for being here. secretary yellen said the u.s. is not taking options off the table and hacking down on china. they're want to stop the market with chinese-made goods and legal expert suggests the supreme court may hand trump on a partial victory on the immunity claim and the very latest from dc coming up next. trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals,
11:24 am
you can spend less time searching and more time learning. trade brilliantly with schwab. we love being outside, but the sun makes our deck and patio too hot to enjoy. thanks to our new sunsetter retractable awning, we can select full sun or instant shade. it's 20 degrees cooler and you get protection from harmful rays and sun glare. when you call, we'll rush you a special $200 discount certificate with your free awning idea kit!
11:25 am
you'll get your sunsetter for as little as $799. but, this is a limited time offer! for over 20 years, sunsetter has been the bestselling retractable awning in america! call now for this free awning idea kit packed with great awning solutions. plus, get this $200 discount certificate to get your sunsetter for as little as $799. there are so many incredible styles to choose from. get a custom-built awning, without the custom-built price! turn your patio into an instant oasis. add led lighting for evening enjoyment. call now for your free awning idea kit, local dealer info and $200 discount certificate. “life is better under a sunsetter!”
11:26 am
11:27 am
helping plan sponsors and their members be at their best. that's wonder made possible. evernorth health services. david: check the overall markets and the nasdaq is still the winner. it's still trading around 2% to the upside a little below that at 306. dow is losing momentum and it's up 72 points and it was up a lot more before and s&p up 48 points. look at rose med. what are they doing? lauren: they make the sleep apnea machines, the devices. this stock up 17.7% and leading s&p 500 right now. under pressure from the weight loss drugs. stustudies show obese people wih sleep apnea, those drugs help them sleep better. think that would be baz for rose
11:28 am
med and it was at first but they reported their quarterly numbers and big demand for their sleep apnea machines. david: what's happening with microsoft is extraordinary today. look at that and it's up -- these are the specific stocks that are taking advantage. lauren: 5% gains for super micro-and googles market cap $2.1 trillion after alpha get reported stellar earning ands nvidia is $2.1 trillion and this ai spend asking moving the two tech giants neck and neck to who can become a $3 trillion company behind microsoft. david: it is a revolution to the 1980s and seeing this technological revolution taking place and people are making money opportunistic it right now. thank you, lauren. the supreme court justices are meeting again to discuss the next steps in donald trump's
11:29 am
immunity case. david spunt joining me now. what's the latest there? >> hi, david. they're meeting mind closed doors today for the weekly conference to formally discuss this big case yesterday. case that puts them square in the middle of the 2024 presidential election. former president trump of course as we know charged with attempting 20 overturn the results of that 2020 presidential election and around the time still president and the attorneys and justices were quick to point out this case will stretch far beyond the age of donald trump and neil gorsuch said yesterday he and his colleagues are writing a rule for the ages and trump wants full immunity, justice alayna noted the framers of the constitution wrote no such clause. >> they were reacting against a monarch claiming to be above the law. wasn't the whole point that the president was not a monarch and
11:30 am
not supposed to be above the laugh. >> if an imcome bent who loses a very close highly contested election knows that a real possibility after leaving office is not that president president goes off into a peaceful retirement but that the president may be criminally prosecuted by a political bitter opponent, will that not lead us into a psychothat will destabilizes the functioning of our country as a democracy? trump and his allies filed dozens and losing to the result of the election.
11:31 am
if trump is not immune, we may see a federal trial like the summer or early this fall. it goes away completely in washington dc and if there's snags or delays and goes back to district court appeals court, that means likely it will not happen before the election. accident in questioner yeah, that's what the trump folks are hoping for. david, thank you very much. well, listen to what donald trump had to say about the hearing yesterday. roll it. >> u.s. supreme court had a hearing on monumental immunity and with presidential immunity and it was clear and hope it was made clear the president has to have immunity and don't have a president or most you can say with the ceremonial president is not what the founder hads in mind and we want presidents that can get things done and bring people together. sorry the might was quite
11:32 am
amazing. david: roger severiano is here with me. good to see you. the justices are worried about stripping all immunity to presidents and now looking at the law being a political cud yule against political opponents and they're afraid of increasing and continuing on, which would make this place ungovernable. >> yes, you're exactly right. the supreme court realizes the timing thereof case is all about politics and trying to impede the election of president donald trump to be a second term. and i think president trump should feel pretty good about how the case went. john shower did a matchful job arguing no person is above the law and for official acts, has to be protection for the president to do what presidents do. so you saw president obama isse
11:33 am
a drone strike of a american citizen overseas. can he be prosecuted and these are monumental questions of the presidential authority and the government and the most telling point was at the end of the argument and john sours asked if anything further in rebuttal and attorneys take advantage and said nothing further because he felt where really good about where the president would be on this. david: would they ask president trump's team or not the activities that took place after the election and donald trump were contested itself in very specific terms leading up to were those a part of the president's duties that would be income bernards healthcared or at least encompassed by the immunity allowance that a president is given now? >> what's the difference between
11:34 am
private acts and official government presidential acts and that'll go beyond the election date and this was designed to impede president trump and they're going to say go back to the drawing board. too big of a question to figure out without official facts and what's official and isn't and this will be a decision for the ages and future presidents bound and can we be a country where one president will go after another and the political party trying to put somebody in jail for what they've done. that's no way to run a country. david: roger, quickly. i want to focus on the bragg case and heard a lot from the newspaper publisher on catch and kill stories and he was doing what they're saying was bad that trump was doing for a lot of other politician as well yesterday so it's not illegal, that catch and kill. sounds bad but not. secondly being done for other politicians as well and is brag losing his case? >> yes, in the public, he is.
11:35 am
alvin bragg is push ago joke of a case trying to make up something that does not fit the facts. president trump was never convicted for a campaign finance violation and nda campaign violation is not legal at all. there's a falsification of business records and there's two lawyers on the jury and i hope some of those lawyers read the law and say this case does not stand. david: i wish the judge would continue to tell the joy what is legal and what is not because they're saying things that are legal are illegal and just seems confusing because the judge is not stepping in. roger, we have to leave it at that is all. thank you very much. appreciate it. a new poll showing donald trump could be vulnerable with independents. lauren, what's the problem? lauren: the vulnerability is abortion. politico morning consult did a poll and half of all voters support former president donald trump's position to let the states make their own laws when it comes to abortion.
11:36 am
at the same time trump is getting blame from other corners for the supreme court overturning roe vs. wade. 60% of independents say they're unhappy with the high court's decision and some 40% of republicans agree. david: wow. lauren: the bottom line is abortion is highly personal, highly emotion and, yes, it is a motivating issue. what does donald trump do about it? politico's bottom line is, trump's leave abortion to the state's tack may be the least harmful position. it's a hard topic and republicans might need to bend if they want to win. david: lauren, thank you. biden has changed his walking routine to marine one. lauren: he used to walk along across the south lawn to marine one and now being surrounded by aids. david: for cover. lauren: exactly. they want to cover him up so you don't see the stiff g date or se if he -- stiff gait or if he
11:37 am
trips and don't want him to appear as old. yeah. david: it is what it is. lauren: sad. david: the times we live in. lauren: so orchestrated. david: oil production on the decline and we're heading in the wrong direction. ahead of the american petroleum institute and here to sound off on that. "the wall street journal" reporting that the trump team is drafting mans to erode the independence of the federal reserve and what does economist ej antoni make of that plan. we'll ask him next. ♪
11:38 am
students... students of any age, from anywhere. using our technology to power different ways of learning. so when minds grow, opportunities follow. ♪ this small thing, is the next big thing in diabetes. woah. it shows your glucose, and predicts where it's headed, just like that. it's not magic, it just feels that way. i wanna make you go wow, make you go wow, make you go wow.
11:40 am
somebody would ask her something and she would just walk right past them. she didn't know they were talking to her. i just could not hear. i was hesitant to get the hearing aids because of my short hair. but nobody even sees them. our nearly invisible hearing aids are just one reason we've been the brand leader for over 75 years. when i finally could hear for the first time, i started crying. i could hear everything. call 1-800-miracle and schedule your free hearing evaluation today.
11:42 am
than expected year over year and came on the heels of the weak gdp report yesterday. could we be in another period of stagflation? hill i have vaughn is at the white house with more. have we heard anything from the white house about this? reporter: david, we have. they say this is nothing like stagflation. in fact they think this gdp report shows the economy is firing on all cylinders. >> that is nothing like stagflation sensorineural natural rights approach crow and i wouldn't see that really anywhere near this report. let's not overindex on one quarter. we try to be careful not to do that whether upside or downside surprise. reporter: janet yellen thinks there could be revisions made to the report that make the economic picture look a little bit better but what she's focused on is consumer spending and investment.
11:43 am
even though it's slower growth than expected, they're cheering the growth happening but some say this sticky inflation is not going away because biden has not stopped spending money we don't have. the ceo of the job creator network reacting through a report saying inflation is resurgent due to democrat's unwillingness to accept government spending measures and reckless democrat spending and modern morn tear is fueling the fire and devaluing the dollar and combined with the gdp report and inflation numbers show the economy is reentering stagflation and president biden reacting to gdp yesterday saying this shows the economy has grown more under his tenure than any other president in the past 25 years but of course when he took office, it was during the pandemic when economic growth was very, very low.
11:44 am
david: hillary, thank you. economist ej anto ni is joining me now. it was going the wrong direction. does it mean it to you? gdp doubling for the third quarter. that is textbook stagflation. not only did we see a hotter than we would like to see and stagflation and the median going for the price index.
11:45 am
and that tells us the price increases were widespread economy and going up very quickly. david: that's going to be tough and the car loan if you can get one and that leads to a story that is going for the wall street story and some of the allies and proposal to attempt the blunder and it's going for them on a lot of people working in the previous trump administration. trump administration and what it's about and do you. you? >> david, we need to move beyond this thinking that the fed is
11:46 am
somehow independent right now. they're not data dependent so this is the same fed that was raise. going to sell off the balance sheet and inflation higher and economic reports like gdp and cutting rates instead of raising them and makes absolutely no sense. it was political and purposes. david: what i -- the way i see it anyway and the author. going to brush back and
11:47 am
president trump may become president again after the election and knows he'll deal with him. >> powell knows the only way to keep his job most likely is the biden win and ensuring that happens and unfortunately. and it's been changed to a more public institution and they're having a institution is facing a concern. david: ej, we have to leave it there. there's a lot more to talk about. aggressive crackdown on the
11:48 am
11:52 am
david: president biden pushing ahead with the green agenda and administration announced new rules cracking down on pollution from coal plans. mike summers is chief checktive at national petroleum institute and thank you for joining and yous being here. president biden's green agenda require as lot more electric energy from everything from electric stoves to electric cars can we get all this new electricity with the cutbacks? >> well, david, think about what american consumers are dealing with right now. we're dealing with higher energy costs across the board. we're dealing with higher gasoline costs and real concerns about the reliability about the american electric grid and all the pol policies that the biden administration is pursuing and won't do anything and costs on american consumer dossing real damage to the current electric grid and pol policies in advancf american energy and american energy independence and unfortunately every policy we've seen from the administration in the last few months would do the
11:53 am
exact opposite. >> some people say 80% in just a decade. more electricity. the power grids are already overloaded and how are we going to get that if we cut back on fossil fuels and blackouts and brownouts and rationing or what? >> in fact, a mckeeper game situation dealer required what california currently demands in electricities on to the american because of new ai and data centers and 88% of more electricity is required for that alone and then you pile on top of that and new mandates for electric vehicles and new electrification that this biden administration is putting on to the electric grid. the consequence of that could be draconian matt and i can mean
11:54 am
decreased reliability for the consumers and policies and any place in the country and they're advancing more accidents and a lot more renewables and one of the most important things we need is more natural gas. this new rule out of the administration is going for them and in the power grid. >> still oil and need plain old oil going for them and the production of oil in the united states is going down. the administration is bragging about how it's up to record numbers and in fact if you look at bottom right of the screen where it's the recent numbers of millions and this is millions of barrels per day and we're 700,000 barrels a day less than we were in december and going in the wrong direction in oil. >> thank you for the administration and last couple of months and a series of rules that are cracking down on the appointment of production on federal lands and in federal waters. this is going to be the first year since the 1960s and we
11:55 am
won't have a lease sale in the good enough of mexico and in addition to that just a week ago ask administration took a 13 million-acre off the board in the state of alaska and an area called national petroleum reserve and going for oil production and there's a new rule that's cracking down on american production and at the same time they're encouraging production in areas that are hostile to american interests and they don't have america's interest in mind and don't have the same environmental performance that american producers do. david: you kill energy producers and kill the u.s. economy. it's that simple. that you can't very much for that. appreciate it. now it's time for the tried trivia question and which country has the highest percent of citizens over 65 in is it germany, japan, portugal or grease? the answer when we -- greece? the answer when we return.
11:56 am
(husband) we just want to have enough money for retirement. (wife) and travel to visit our grandchildren. (fisher investments) i understand. that's why at fisher investments .. allowing us to tailor your portfolio. (wife) what about commission-based products? (fisher investments) we don't sell those. we're a fiduciary, obligated to act in your best interest. (husband) so how do your management fees work? (fisher investments) we have a transparent fee, structured so we do better when you do better. at fisher investments, we're clearly different. hi, i'm ben, and i've lost 60 pounds on golo. i currently suffer from nerve damage which kept me bedridden for six months. i was very overweight and depressed. i was skeptical when i first ordered golo, but the condition i was in, i was willing to take the chance, and the chance turned out to be my lotto ticket.
11:57 am
11:59 am
12:00 pm
asmac interesting. a lot of older folks. i am just thinking it is germany because germany, i would say it's japan or germany. the answer is japan. i thought it might be germany, 28% of the population is over 65 but china has the largest 65 plus population in the world over 166 million people within that age bracket. one. 6 billion people, still a lot of people. that's why you have economic people, don't have enough young people for social security. ibly2 they are able to flood the market. asmac that's it for abca3. here's coast-to-coast. ibly10 ahead this hour, prices are here to stay
37 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on