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tv   Cavuto Coast to Coast  FOX Business  July 1, 2024 12:00pm-1:00pm EDT

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going to be more conservative and say 80000. >> i went with 90000, let's get the answer please, you're right, go big or go home, 100,000 miles of all the blood vessels in your brain and was laid out in a strong line it would be disgusting and wrap around the earth more than four times i'm not so sure i have that much of my head, thank you lord and lydia for today, i have headaches, let's check the market before we say goodbye, we've been talking about the supreme court today, the market is modest growth, the dow, the s&p and the nasdaq all slightly higher as we look at a picture of the supreme court in today's ruling of immunity that's it for "varney & company", "coast to coast" starts now. neil: lawyers still cannot decide whether the supreme court handed donald trump a huge
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victory today investors already have, they don't care, as we start of the second half of the year traders with historic developers of the first half of the year it doesn't matter whether a former president is entitled to absolute immunity. in some cases were halfway across the globe a dramatic lurch to the left and friends big and broad for the media been there and ignored that for most of the market, where does it sound on the manic monday news day happening all over again, well, i am neil cavuto so glad to have you with us and have this lady with us hillary cramer a great market watcher, here we go were starting the second half doing essentially what we did in the first half, markets these are big events with the folks on main street our focus on other things on wall street. >> it is all about expectation that jerome powell wants to keep his job and cutting his rates and expecting the six rate because it didn't happen, we all
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know that the fed policy is all about keeping the market going forward in higher we might even have geopolitical events or shock something that brings the market down to 10% drawdown then we can see jerome powell want to save the day into 50 basis point cut but otherwise it'll be in september but the rate cuts are what are driving everybody expectation. market rates with no direct control have been edging down, what you make of that. the market itself is very high literally because artificial intelligence today i and with nvidia nvidia is going to hurt a lot of the small everyday
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investors who got into late everyone else is busy finding out ways like the big money the fast money. >> you think it's gone too far too fast. >> if you take a look around and you see were the acquisitions are taking place all the private equity funds and everything is about artificial intelligence because it's real and it spans everything from the cosmetic industry with a company like auditing the real estate company that went public all the way to the utilities going crazy. >> isn't that wilde is a hot sexy in utilities, let me get your take on ignoring all of these other big news developments and when you and i were chatting briefly it ignored as a horrific and tragic as it was the attacks on israel in october of last year the market steadily climbed to all of that in all of the back-and-forth with the trials of donald trump and all the rest as if it was in their separate world, maybe
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they're saying what is important to them and what is lasting to them. >> the market is marching along and it's interesting, your point is well taken, here we are with rates at a 23 year high and we have it affordability crisis and housing but the market continues to rise but again there's so much liquidity and so much liquidity that president biden through in the last trillion dollars and that is part of the problem, there's too much money out there in terms of credit and debt we will see j.p. morgan a week from friday, jamie dimon holds nothing back we will see if there's cracks in debt and debt on the consumer level and we know commercial real estate struggling but once we start to hear about the consumer, then we might start to see it. >> he runs j.p. morgan chase in firsthand some of the most kinks, let me get your sense of
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the average consumer we get these reports that he or she is tapped out and were getting increasingly tapped out the divided economy that still has airplanes packed, resorts packed, that persist, how do you explain that. >> there is a differential out there that it's the haves and have-nots in many of the haves are happy because they still have the credit in the living on the credit in the expectation of whether there will be entitlements again or we will see free money come around ag again. there are still those living off of their ppp loans that they should not of gotten, i think that is so much of it and we become used to finding a way to go on vacation and go on a cruise, to buy the new iphone and eventually that's where the consumer comes in, i think the consumer is going to start to sell down and take the 10% hit, the penalty in the ira. >> could i get your sense, when
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you talk to investors in human to the nvidia in all of these who are late buyers but they have been reworded and that could slow, that's what you're saying in the precipice many of us are on debt, it's waiting for get out to hit us but it hasn't happened, when does it hit. >> it happens with the perfect storm, as you lived it so many times just when you think nothing can happen and that's why i mentioned whether the geopolitical shock and it could be a natural disaster. >> if it ignored all of this stuff. >> it ignored it all but you have the tipping point in the tipping point is when suddenly somebody can't pay their debt and when they can start to dry up with the cash sloshing around we haven't had a happened yet when the cash dries up that's when it'll suddenly hit, that's where jerome powell, exactly we
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want you to expect volatility but the market is going to keep climbing through the election. neil: that is interesting especially for moves before the election, so good to see you again, she knows of what she speaks and chewing on the 40 reaction for mar-a-lago another president is weighing in on this decision from the supreme court that has been interpreted as a victory when it comes to immunity, not across-the-board but certainly that is the appearance, what you hear. >> certainly that periods as 6 f the supreme court making history say that former presidents do have immunity for official acts under their constitutional powers but leaving the door open for the lower court to decide what is an official act and what is an unofficial act, here's a part of the opinion, the court
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concludes that the president is absolutely immune from printer enter criminal prosecution for conduct within his exclusive sphere of constitutional authority and he's entitled to presumptive immunity from prosecution from all his official acts, there is no immunity for official acts, the decision to send this back to the lower court of what official and unofficial all the guarantees of the january 6 criminal case that would not happen before election day, former president trump posting this, big win for a constitution to democracy proud to be an american, now donald trump jr. posted this as well, his son solid scotus ruling i'm sure the corrupt prosecutors in d.c. judge will work overtime to continue their law fair, it's all they have left. the decision deals to prosecutor jack smith who has been trying to rush the january 6 case with an initial trial date back on march 4, trump faces for felony
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counts accused of scheming to enlist fake electors in battleground states back in 2020. in the decision the supreme court said the trial court need to do more fact-finding about whether or not trump's role in the alleged scheme that is essential to jack smith's case constitutes as an official act, here is trump's attorney. >> i said it time and time again, i argued on ability for president trump and i think they did get right that they recognize a beauty exist. another thing that i do think needs to be pointed out, they said presumptive immunity exist with acts within the outer perimeter of his official act, what is going to happen now they basically have said sorry jack smith you don't get to impede and intrude on the executive branch. >> the three liberal justices dissenting sotomayor w writing
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that this orders the navy seal team to assess a political arrival immune and organizes a coup to hold onto power immune, takes a bribe in exchange for a pardon immune, immune, immune and obviously she believes this opens up a pandora's box in terms of what a president can now do what constitutes an official act and one last thing, chuck schumer, the senate majority leader for the democrats saying he thinks this undermines the supreme court's credibility moving forward. neil: wild stuff, brian llenas following all of that in the sunshine state. ronald chapman federal defense attorney and daniel whitman a boston reporter, i want to ask you about the battle of deciding whether official acts, that's good to be left up to a lower court to decide but it comes down to that. it is also an interpretation that has many interpretations.
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>> certainly. i think justice roberts went a lot further and i was surprised by this that i ordinarily would've expected but i thought he would stop short and not address what is official versus unofficial but he went further and started to analyze the five acts that are alleged against donald trump against indictment and each of those he discussed whether or not, i should say the majority discussed whether or not those were official or unofficial acts and without going through all five, i tell you after looking at this opinion there is not much left of jack smith's indictment much of the conduct alleged talking to the vice president engaging with the department of justice those are official acts and those will be considered official acts and we will see what judge tanya chutkan decides to do but she's bound up by the words of the majority. >> there something also gleaming from donald trump's latest truth social of how this could impact the hush money case that is made him a convicted felon for the
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time being saying today's decision by the supreme court should end all of cricket joe biden's witchhunts including the new york in manhattan scheme or scam cooked up by alvin bragg et cetera but we know proof that george soros was behind that, he goes on to say that tish james with the amazing business that i built in the fake case, proud to be an american, what he saying on that particular case the new york hush money case, is interesting because other lawyers have pointed to the fact that that was contingent upon testimony from hope hicks in her role as advisor to the sitting president of the united states which all of a sudden in light of this case would potentially mean you cannot use that, that was integral to how it was adjudicated, what about the argument that that case to that looks for potential for throwing out. >> i think is probably not going to get thrown out because in
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terms of the actual facts of the new york case is very hard it impossible for trump to argue that was within in his official capacity to pay michael cohen back into cover up this alleged affair with stormy daniels in talking to the justice department he could say that's part of my job even if he was a self-interested party and benefiting during the transition but i think this decision is going to polarize americans against the court you already have three and ten americans believe the supreme court is only into this for things that they basically are impartial judges, seven and ten judges think that the judges are using the ideology to decide cases. neil: is a president going to
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think on either party that richard nixon argument if i do it the president doesn't sound a crime i'm simplifying it, wouldn't that embolden others regardless of party to take that stance? >> justice roberts talks about this specifically in his widely discussed in oral argument we have a lot of safeguards against the abuse of presidential power, first we have elections you get voted out of office but we also have the power of impeachment, the court did not agree that trump should be immune because he wasn't successfully impeached and convicted but the reality of president can be removed for engaging in those sorts of actions and other wrongdoers could certainly be criminally prosecuted related to it, the reality is we have not had a long history of presidents being accused of committing crimes requiring prosecution and there isn't much support for the idea
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that that will continue. the american people will make good decisions about who should be in the office of the president and if somebody does wrong there are safeguards to prevent that conduct. justice roberts also mentioned and it's not required to abide by in order that requires them to help but to or assassinate a political opponent in good people will not engage in criminal activity because the president orders it. neil: sometimes they have in the past. let me get your take on where this goes, trying to draw a distinction between a private conduct, any president is going to argue from either party, anything i do is official conduct. >> they are but i do think trump is a generous candidate and politician, if marco rubio or nikki haley or gretchen whitmer are elected president in the future, they seem to not attract
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as much controversy as donald trump, it's hard to imagine them getting impeached twice with four criminal cases against them and once trump passes from the political seem, politics will probably go more to a state of normality. neil: i don't even know what that would be these days, thank you for that, your legal expertise we value, i would go to fred hicks a democratic strategist a founder and president, i think you can't argue over the last week or so it's been a good time the ruling today that does give them a lot of wiggle room when it comes to the cases seem to be likely not adjudicated certainly before the election, maybe that will change but it certainly looks that way, the performance of president biden in the debate that now as a number of democrats looking to swap them out for somebody else advantage donald trump, how you
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see it. >> like donald trump told every week is a good week for him, january 6 was a glorious happy day for america and we know that it was not. with that being said, everyone acknowledges that the president did not have a good debate last week on thursday, what is debatable, what is that going to mean, i'm on the belief that voters across america particularly in swing states have demonstrated they don't want donald trump in georgia and if that were not the case you have a governor purdue or herschel walker and how the senator fetterman in arizona in kari lake. neil: it's now were talking about and in those states donald trump does have a lead regardless of all of the past baggage whatever you want to call it, does that worry you if joe biden stays as the democratic nominee with severe colleagues and friends are saying he's gotta go we love him dearly but he's got ago.
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>> joe biden is the nominee and he's gotta be the nominee through the convention and without being said the only thing we can go on what is happening in 2020, 2021 in 2022, that is voters i get it again i'm not talking what democrats and republicans have consistently rejected donald trump in swing states across his country, we get closer to november and will see that happening again. neil: you're right about that, on monday this is a game changer, friends of your coup were saying this is crushing he is not getting it done and we feel sorry for him, you've heard this in the press all the days since that that was a game changer isn't it so much when he trips going up or down stairs, i do that every day, it's the issue of how cognitively with it is he, people saw that up close and said not very, three out of four americans say not up to handling another four years, how do you counter that.
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>> we know from upholding this far we've not seen much of the movement and president biden has dropped eight of a point in president trump is gained a quarter of a point after the debate. what this shows to me we are who we are as americans of democrats and if you're republican to republican. the party or the group that is at play in my mind are those bush reagan republicans and those that did not run for donald trump in 2020 and those in georgia people voted for nikki haley, what did they do now, do they sit at home or do they vote for president biden, that's a we have to watch it that's the group that is really going to decide the selection and i'm not sure what happens with them democrats of democrats and republicans are republicans it's that group of bush reagan republicans who decides the selection. neil: do you worry about biden democrats who might be so bombed by the president's performance that they're knocking to switch over and vote for donald trump i
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think you're absolutely right about that they might not vote at all they might also stand. >> definitely a group or concern and i said this all along in democrats there to vote for donald trump is whether or not donald the good about it all that's something you have to monitor over the next few months. one more thing that is interesting as we look at or continue to think about the debate last week, there was panic no doubt in immediately during the debate in the aftermath but i think what were seeing now is the democratic circles people are trying to circle the wagons and i think it's something the democrats even if the president himself cannot necessarily present a good front on the campaign trail or the debate that the democrats up and down the line have to carry him over the line and so everything is at stake we have to remind our viewers the sun is at stake the house is at stake in the presidency as at stake
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even more the supreme court is at stake there's a lot of the like. >> no one should dismiss you, great to see you again, thank you so much. >> i'm glad to be here. >> we want to pick the brain of jerry miranda kansas editor not only of the latest developments but the humidity decision on the supreme court but big news on boeing now that it's very close to a possible plea deal with the justice department we will explore and explain that after this. ♪'
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but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. neil: a historic decision out of the u.s. supreme court that former presidents are entitled to absolute immunity, prosecution for actions taken within the constitutional authority. in the line with the constitutional authority is really the basis in controversy on how far that goes in with acceptable authority versus nonprivate authority, the way no back-and-forth, "the bottom line" a lot of people of all types are sorting this out for donald trump huge victory means
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a lot of court cases that he's facing right now could go away and some well after the election if at all, joining us kansas editor republican jerry moran, good to see you. >> i think you summed it up pretty well, the supreme cut center court defined circumstances in which a former president has immunity that is not surprising that a former president would have immunity that's an expectation that we would have, we don't want our elected officials when they leave office to spend their lives under retribution from the political adversaries but they really left the question on how it applies to the particular case is that the former president faces to the d.c. circuit and the other courts to determine what is public and what is private activity, and the overall scheme of the political election means that were not going to have trials or convictions or acquittals prior
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to the election. maybe that's the take away that the america people get the chance to make these decisions without the intrusion of core and core activity into the timeframe in which they're making those decisions now until november. neil: i just wonder what you make speaking of sotomayor as she fears for democracy itself and say the president is now a king above the law, what did you think of that. >> our constitution was created by framers who were making certain that the executive branch is not a key and i would say the fear of democracy, certainly we want no person to be above the law and that's it ingrained theory and thought of the protocol in our lives and it's important to us. and i don't what is he was going to happen in other countries around the world would election
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occurs with the losing candidate is subjected to the judicial system and a political event more as a legal event. in fairly inappropriately but we also and so involved in politics in the time of an election that they sway the outcome of election or prevent a candidate from being a candidate. democracy is served and immunity for official acts and there's not immunity for a private act and the difficulty that we have that we seemingly always have in the justice system. neil: there were talks of the justice department that the striking the deal with boeing.
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we don't know the details it could be pending but in the middle of all of this boeing is going to bice. aerosystems in your state, what you make of all of this. >> were focus of kansas on the acquisition of the private employer depending up the business cycle of 12 - 15000 kansas wichita and kansas is known as air capital of the world because of the number of people that work in aviation in the amount of planes that are manufactured in parts and supplies for boeing and other companies. the acquisition is a huge thing it's annoying that boeing seems to be suggesting that there are problems with spirit with major suppliers and yet we have a highly trained and educated experienced workforce in kansas
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that is totally necessary to boeing and airbus and lockheed martin in many other companies. in many other things the national focus is on the case perhaps not the acquisition of spirit and what i would say is that but we needs to get his act together be the safest manufacturer in the world utilizing the talents and skills that spirit can help them do that in a management that has a better way than what we've seen in the past with boeing in spirits relationship but the court case in the prosecution that may be filing criminal charges against boeing is a take away in being kansans we need boeing to be a viable solid company. neil: for buybacks. maybe they get close enough, sorry for the crunch time, thank you very much, good to see you
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again. >> i appreciate it. neil: never this early in category 4 hurricane and they got one right now it's in the caribbean and its name is beryl and it's a monster. w known for following your dreams. known for keeping with tradition. known for discovering new places.
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[speaking in native tongue] >> my dear compatriots democracy has spoken in the french people have placed the national rally and its allies on top and
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practically erased micron's block. neil: french, you're welcome america but the french are going far right or could in the first round of elections and gets confusing because of the second part of this next week if you didn't get 50% of the votes, right now the penn parties on the verge of taking control of the assembly, the majority since going back to world war ii, that was then a very different world, right now a political commentator joins us, jonathan, this had been feared and maybe emmanuel macron feared that he was calling the rights bluff and did not go or hasn't gone so well for him, what you see happening. >> it was a massive gamble to call this a snap election into certain extent that backfired this recent french election has shown a significant political tidal wave because he planted his national assembly and
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instead he is faced with the surge from the far right, that happen because he saw the movement in the european elections when he decided this was a good way to react but i think the result has been we've seen the national assembly now winning so many 10 million votes, 39 seats out right in the first round, this projection that there will be somewhere between 240 - 280 seats going his way in the second round, the lowest end is the biggest group in parliament, the highest would be eight seats short of a majority in the lessee went the full majority he doesn't want to take the position of the prime minister writing an open letter to the nation asking to put their face in the party and to give them the right to vote, the other startling aspect, the left wing has come in second and macron is therefore the position
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in the centrist block in the third place, what has to happen now in the second round is candidates are being urged by him to step back so there would be a three-way split and therefore the left may be able to win themselves against the far right but three weeks ago he was saying the left wing block stood for all the worst things it was antidemocratic. >> to your .2 quick things in the case of president emmanuel macron he doesn't give any hint of residing of the outcome that could change, the other that i want to get a handle on, the market rejoice that the turnout to your point it denies anyone getting to 289, that control but they might've prematurely been celebrating. >> the market has wobbled because of the snap election in the far right didn't necessarily win an outright majority that
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they recovered somewhat and this is uncertain in terms of this going forward it's not what macron would necessarily of wanted and something of a gambler he plans to call new elections in a year which is as soon as he's allowed to game obviously we could see why that would be but in the meantime it's good to be a sticky situation will be end up with a position that they call. [speaking in native tongue] work habitation with the prime minister and the president on opposing sides that makes decision-making very difficult and french were expensive and is not necessarily going to be good for the french economy or long-term for french politics. but it does indicate a surge to the right in france as with other parts of europe that his reaction to immigration and the consents that it come with that across much of europe and there's no getting away from the fact that the europeans are getting tired of that. neil: we will watch closely, your english is amazing kabir
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french is amazing, will double the gift we appreciate that. , i don't want to say. >> i want to go to stephen moore he's following 80 languages terrifying to look at, the first category or storm of the season in the earliest that we seen one in history at least recorded history, hurricane beryl is the name we have stephen morgan and all of that and we are at least following. >> reliable records go back to the mid-1800s, that is saying something when we talk about how early in the season, the stats and we hear about the record-breaking stats on sunday, even today air force missions have continued to indicate that hurricane beryl is strengthening its a category four but a high-end category 4, sustained winds 150 miles an hour and 157 that the rear category 5 in the
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fact that we are talking about this at the end of june, the first day of july is remarkable. roberta had the first landfall of beryl in there's life to go with beryl, and moved over a smaller island of 13 square miles, carico is the name of the island for the coral reefs north of grenada, grenada has also been experiencing perhaps hurricane force conditions in this landfall occurring so early in the season talk about a major hurricane which is category 3 or higher that's a high-end cat 4 you don't normally see the first hurricane until september 1 so july 1 after 11:00 o'clock eastern time, the pressure dramatically lowered than what we saw just yesterday, 950 millibars and in fact 42 hours we had a tropical depression, td two become a major hurricane hurricane barrel and 42 hours and we've only seen
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the handful of times, only six other times that's what we look at the entire hurricane season so that is saying something when this region of the atlantic known as a main development region normally hit snooze for the first couple months of the season, as this has a little bit of life to go i mention how grenada may have been seen and experience in hurricane conditions out of st. george the airport which is closed outcome of the suspended operations, look at the recent sustained wind, 92 miles an hour that might be elevated station a gust of 121 that is remarkable and this thing as i mentioned will continue through the caribbean in the weakening as it approaches the island of jamaica. >> scary stuff and so early to your point, by the way does it get in the strength of the storm all others that are backing up like laguardia could be named storms, that's what people are predicting, no surprise with oil
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refineries and shutting down where it could be a season of more close than they are operating. in between that and the july 4 demand for gasoline and the like not surprising as the oil prices and gas prices, that's exactly what they are doing. stay with us. olukai sandals capture the feeling of stepping barefoot into wet sand. the perfect balance of instant comfort and lasting support. say aloha to olukai. anywhere comfort. anywhere aloha. (♪)
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the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker.
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oo this is a good book title. neil: in the first trading day of the second half of the year, if it's anything like the first half of the year, a lot of people would begin to the patient, mostly, not all the time but mostly as the markets do on a good year in the first half they do pretty well in the second half, maybe not as strong but that does seem to be the pickoff today, let's get to r read, i think you know him very well, you know acorns very well his app is hugely popular he's the chairman and ceo, good to see you. >> thank you for having me. >> how does the market look to you guys an interest in your site these days, just from what's happening in the markets. >> were all about diversification we try to get people not to look at the markets and we try to get people to stick with it and remember it's about timing in the market not typing i'm not a
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prognosticator, the stockinette stock i'm suggesting diversified portfolios, stick with it, contribute regularly and you benefit from the power of compounding overtime. neil: for young people, that strategy makes sense, for an older person you're telling them to stick with it, for me long-term is tomorrow, i'm wondering how you advised your various groups because they've grown considerably. >> we automate it when you sign up for acorn we ask you for suitability questions and then we construct a portfolio based on things like risk tolerance and age in all these factors, if you're older you may end up at a conservative portfolio, if you're 18 you're probably being a progressive port folio but is constructed. neil: along come a.i. and nvidia and others when people of any age group walked in on that, that's a ev train i want and all that. >> diversification, stay diversified don't stock pick or
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trade with the majority of your money with the vast majority of your money put in diversified portfolio and stick with it and focus on the long-term. >> let's say you have nvidia in the tech stocks and you did nothing at all but the sheer force of their surge they now make up a majority of your portfolio not the lionshare of it, how does acorn get back to the people that they look, you're all in chip stocks, your whole game. >> we give broad exposure to the whole american economy and then we automatically rebalance the portfolio for you, you're getting exposure to thousands of stocks and bonds. neil: you rebalance with their permission, are you selling it if somebody is 90% nvidia or intel, what are you telling them. >> urine etf so it's not 90%. neil: what do people tell you when you are rebalancing.
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>> i think they feel great that there's somebody looking after their financial best interest in automating the process for them in the vast majority don't understand the concepts so if i can offload to somebody else, that is fantastic and i know sibley is looking after my interest in the long-term basis and all i have to do is sign up and contribute money regularly and the rest is taken care of for you. >> we saw a surge of democratized investing in high point simple markets in the day traders in the stories of the taxicabs, do you worry they were getting back to that and it's getting tooth for coffee. >> i worry about the all the time in the last 18 months in the market and s&p has grown 30% if you're trading in and out and making all of these moves in your reacting to getting nervous and responding to panic or trading because you they get a good idea i look at it as a broad exposure to the market
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over time in the power of compounding over the last 20, 30, 40 years, the market has grown over 10% a year since inception. neil: average down. >> i would like to say if you thought about starting 40 years ago, invested 40 years ago diversified portfolio from 10% average games a year, you didn't have to do anything and you didn't worry about it, that would be amazing, it's a travesty that people don't do that and i have family members that are pulled money out right after big recessions, let's say the market drops 40% then you pull your money out and you panicked and then you thought it was going to go what. neil: i always remember when the internet boom went bust, around 2000, you do not make your money back, nor did the nasdaq for close to a decade. neil: how do you explain that to people who might be getting in on the height, maybe not that
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the market does have the average annual return if you earn it all out but there could be quite an adjustment. >> there are times of the market goes down an extended period of time you have trouble long-term outlook and i love the mantra every downturn in history has ended an upturn that something i remind myself that i'm panicking in the moment. neil: do you worry, people forgot where this market was a couple of years ago, it was covid and everything else that were getting too giddy or we get within okay range, it's human nature people get excited and nervous but put your money in a diversified portfolio, stick with it acorn is for you. neil: you make it easy, user-friendly, charts and all that stuff. thank you very much, acorns chairman and ceo, we have a lot more going on the dow picked up some energy, the nasdaq and s&p
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neil: market starting up the second half of the year, what might keep a lid on some of this is what's happening market interest rates take the ten year bond, whatever you want to call it it's flirting with foreign half% wasn't that long ago it went down for the quarter% closer to 4.20% but again inching up on some data that should indicate we have strength going on and maybe cap with employment report at the end of the week were expecting 200,000 jobs added to the economy, we don't know what's driving that, far from worrisome but is getting people thinking that the fed doesn't move so fast, we will see.

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