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tv   Varney Company  FOX Business  August 9, 2024 10:00am-11:00am EDT

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♪ it's friday, it's friday, gotta get down on friday ♪
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stuart: that's an interesting voice, isn't it? lauren: it sounds computer modulated. stuart: sorry, it does, doesn't it? it sounds almost electronic. friday, friday, rebecca black. it's a dull day in new york city. sixth avenue, have a few cars but no pedestrians, there you go. i like to offer comments on manhattan. good morning, everyone. it is 10:00 eastern on this friday, august 9. to the money, please. the dow is down 100 but remember, it was up 680 yesterday and the nasdaq is down 82 points, that be a half percent. remember it was up 3% yesterday. not much of a pullback so far today. the yield on the 10 year treasury coming down a little, retreating from the 4% level. we're back to 393 right now. the price of oil gradually moving up. it's a little down right now, 75.92 to be precise. bitcoin right around 60,000 bucks, 60, 500 there you have it. friday morning that's
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the markets and now this. this week, kamala harris moved up in the polls. the media loves her. well, donald trump stepped up to the plate to take on her rising popularity. he summoned reporters to a press conference at mar-a-lago. he delivered an angry, combative, sometimes meandering performance. in many ways it was the old trump. it doesn't seem to have worked out how to approach his new opponent, kamala harris, a woman of color. he said, "she's not smart enough to do a news conference." a week ago, he called her dumb. i think that's dangerous ground. that's the old trump and so is his crowd size argument. he suggested the crowd on january 6 was larger than the crowd watching martin luther king give his "i have a dream" speech. who does that win over? he dredged up an old beef with georgia governor brian kemp even though he needs to take that state to win the presidency.
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why go after a fellow republican? he was angry. one reporter asked why harris was campaigning more than him. that's a stupid question, he said. that went to the heart of it. the harris campaign is coming on strong, and he doesn't know how to deal with it. there will be a debate septembe. there's history here. trump had intimidated hillary clinton in one of their debates. that didn't go down well with women. he interrupted joe biden, and he's widely considered to have lost that debate. in september, harris will try to get under his skin, bring out the old trump again, but at least it will allow trump to ask the questions that harris does not want to answer. he spoke to reporters for an hour thursday. harris gave them 70 seconds. the second hour of "varney" is just getting started. perfect day to bring in bill
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mcgurn from the "wall street journal." i think we saw the old trump yesterday, combative and meandering and i don't think that's a winning strategy. what say you? >> i feel it's a good idea to give a press conference highlighting the difference between what he's doing and what kamala harris is doing. i agree that less is more, when it comes to trump and usually more is too much, and you cited different examples when he went overboard. in his debate with joe biden, remember the rules he agreed to, everyone thought they were going to hurt trump. they helped him. they helped him stay on target and focus. there's so much to attack kamala harris for on her policies, which half of which he's disavowed now. i don't think he needs to go -- stuart: doesn't need to go personal. >> personal at all. stuart: abusive. none of that. >> the key is getting her to take a position and stick to it and explain it.
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like how is she going to bring down inflation? stuart: yeah, i'd like to hear that as a matter of fact. so, look, i don't think he did himself much good with that press conference yesterday. wrap it up, do you agree with me? >> i'm not sure. i think it was a good move to give kamala harris came out to the microphone, took softball questions, but did come out. he may not have -- i agree. i think he has to be tighter and more focused. there were a couple answers like on the economy, he started out good and then he went on too long. stuart: got it. nancy pelosi admits she wasn't thrilled with biden running for a second term. watch this , bill. >> impressed with his political operation. they won the white house, bravo, so my concern was this ain't happening, and we have to make a decision for this to happen and the president has to make the decision for that to happen.
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i never called one person. i kept true to my word. any conversation i had with it was just going to be with him. stuart: now she tells us, bill. >> right. stuart: she pushed him out. >> oh, of course she did. i mean, the moral of the story is, if nancy pelosi gives you a kiss and says i love you, you're great, stuart, it's up to you to decide, you better run for the hills because you're on the way out. stuart: [laughter] let's talk about the honeymoon that kamala harris is actually in at the moment. >> right. stuart: does it last? >> i don't know. that's a good question. i would say can't last, because the press will get around to it but i'm not sure of that anymore. they seem, they ask token questions. when you going to give a press conference. if this were a republican, not just donald trump, everyday they be beating the drums. when are you going to give a press conference. when are you going to give interviews.
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they're not. they were complicit in covering up joe biden's declining mental acuity and i think they're complicit in holding up this image of you can see whatever you want in kamala harris. lauren: there are 87 days until the election. kamala is just getting started, right? she rode the vp pick high. she'll ride the high from the dnc, right? and then you just gotta keep it up a little bit longer because early voting starts in less than a month. stuart: she did do some sit-down interviews with the media. lauren: with tim walz i believe. i think they are going to do it together. stuart: bring them in together. >> right. well, he's good with cameras. lauren: he's likable. >> he knows how to speak. stuart: but will voters say okay, it needs two of you to go after trump? >> it depends how trump reacts and whether he can focus on this issue, or not. that's why the debate is so important. it's the only chance for trump to breakthrough this media
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coronation and not ask tough questions and see how she responds on her feet to a tough question. i don't think she can respond that well. i think trump is right about that, but people have to see for themselves the way they saw it on june 27 with joe biden. stuart: september 10 it is. bill mcgurn thanks for joining us. see you again soon. all right, donald trump is revealing his prediction for the stock market. what's the prediction? lauren: look, he's working overtime to tie the declines that we saw this week to kamala and he says the declines will get worse. >> i think that our country is right now in the most dangerous position its ever been in from an economic standpoint. we have a very very sick country right now. you saw the other day with the stock market crashing, that was just the beginning. that was just the beginning. it's going to get worse, a lot worse, in my opinion. lauren: he had a dark message yesterday. i think people would agree with
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that. it's very hard to separate the economy and the stock market and then tie it to politics, whose doing better in the polls and whose not? it's difficult to do. so i really don't have much to say on that one. stuart: quickly to the markets. we've been in business now for 38 minutes to be precise. not that much movement, huge upside movement yesterday. a little downside today, but i notice the s&p just turned positive. up .4%. ken fisher is with us this morning. big picture, ken, welcome back, of course. is this a correction or is it a new bear market? >> first, thank you for having me back on, stu. second, this is a correction, not a bear market. real bear markets and its been so long since we've had one, that people kind of forget the legend, but they end with a wimper, not with a bang and this is clearly a bang off the top in just what was 15 trading days, it got down to
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intraday low of down 10%. it can go lower, but before it bottoms. the average correction the last 35 of them since 1925 is average at 13%, but the correction down 10 to down 20 isn't a bear market, which is something bigger and longer and down more than 20. stuart: my concern be a return to the 1970s. i don't know what you call that a bear market or not but throughout the 1970s, the stocks didn't do much for you. stocks were pretty flat, pretty much across-the-board for 10 years. that's my concern. i don't want to see that happen again. will it? >> well, i can't say that for sure, but the reality is that people trying to predict what the market will do 10 years out is really folly. this is a bull market that will continue after the corrections over. exactly when that corrections over, exactly, that's impossible to tell, but corrections are
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short, sharp, and they don't last long. they have a lot of scary stories and when they are over they go on to new highs and are good. stuart: so i'm okay to get back into the market for a longer period of time? >> i absolutely believe that with remembering you can have short-term downside volatility before you get to that bottom, oh, and let me say, you've got pat fallon coming up? pat fallon is my own personal member of congress from texas and i'm always honored to be any place where my name is up on a screen anywhere with pat fallon. stuart: that's good news. he will like that too. ken fish eras always, thanks for being with us. we'll see you soon. >> thanks for having me, stuart. stuart: yes, sir. i want to know more about eli lilly because that stock has gone to the moon and it's up again 5% today. lauren: 8.92 a shares nothing so many brokerages are saying it's going well over a thousand dollars so after yesterday they reported really strong sales of zepbound, and increased manufacturing capabilities to
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produce even more, at least four brokerages today increasing their price target on the stock. morgan stanley is the highest going all the way to $1,106. stuart: good lord, what a stock. missed it of course. paramount global. >> laura: better profits, growth in streaming, prov profitable a. stuart: didn't they get slaughtered yesterday? lauren: no, that was warner brothers discovery i believe. stuart: you're right, sorry, folks. okay, pitney bows. lauren: they help with your shipping needs, stock is up double-digits. they sold the controlling interest in their e-commerce segment to focus on their core business and diversify. stuart: okay, got it up 15%. nice move. thanks, lauren. now this , kamala harris has been talking about the inflation problem for years. >> fighting inflation is one of our administrations top economic priorities. prices are still too high and we still have work to do. stuart: she's already been in the white house for what, three
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and a half years? why hasn't she done anything about it yet? hundreds of suspected cartel drones, some with explosives, are flying near the southern border. texas congressman pat fallon doesn't like it, and he's on the show. brand new body camera video shows the moment a police officer saw the trump shooter seconds before he opened fire. alexis mcadams has the report and more of that chilling video, that's next.
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stuart: this is not a big sell-off this morning after yesterday's big gain. the dow is down 50 but look, the s&p and the nasdaq have turned positive. how about that? let's see how we close.
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how about those cryptos? we have bitcoin down a little, but it's at 60 grand, ethererum down a little at 2,619. brand new police body camera video shows the seconds before a gunman opened fire on donald trump. alexis mcadams is with me. what new information have we learned from that video? reporter: really there brings more questions than answers when you look at this because it's the critical final moments so this is happening right before the shooting you can see it on your screen and hear these officers talking about what they say went horribly wrong that day. one officer saying he told the secret service to secure that roof. watch. >> i'd say this is [inaudible]. why are we not on the roof? >> [radio traffic] >> why weren't we? we told them they need to post a guy here. i told them that, the secret service. i told them that on tuesday.
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i told them to post guys over here. reporter: but no guys were posted there and no one was on the roof except the shooter so about 30 seconds before the gunman opened fire one officer had a chance to stop that shooter. the local police officer was boosted up by another cop with their hands but when he saw the armed 20-year-old up on that roof top he dropped down to the ground. then that gunman started shooting. that officer describing those critical moments. >> before we came up here i popped my head up there like an idiot by myself, dude. reporter: in one video you can hear the officers discussing how they were watching this gunman which is interesting. they say they spotted him and people were saying he was acting creepy but they lost track of him. listen. >> there was a gentleman on the side that we were looking for earlier and creeping people out. he was last seen in the woods by the watertower. >> i hear you. >> we were watching him. >> i know. reporter: so, that's how it all played out afterwards.
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the secret service responding to the release of this video saying to fox digital in part, the attempted assassination of former president donald trump was a us secret service failure, and we are reviewing and updating our protective policies and procedures in order to ensure a tragedy like this never occurs again. is that enough for the families though? who were victims of this including corey who died, we'll have to see. local authorities are telling us they are do everything they can to prepare for questions from the feds in the coming days but it's interesting to see that 30 seconds before that officer did get up there and they could have stopped this from happening. stuart: a series of mistakes. alexis, thank you very much. now this. hundreds of suspected cartel drones are reportedly flying near the southern border. some of them may be carrying explosives. congressman pat follow on, republican from texas joins me now. what are you going to do about this , congressman? >> stuart, you know, we've seen over the last three and a half years an absolute failure, no commitment from the biden administration to secure
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the damn border. we've had over 10 million illegals crossing it so we've got, you just said a thousand drones a month and the cartels are amongst themselves, you know, always jockeying for a position. go ahead. stuart: they got these drones i guess on the mexican side of the border but we can't shoot them down, can we? >> no, not if they are on the mexican side but once they cross the border of course we could do that. stuart: do we? >> but will joe biden do that? that's the thing. no. i'm not aware of any because we're not posturing and we're not coming from a position of strength because joe biden is letting the drug cartels run wild. stuart, experts estimate there are illegal narcotics trafficking makes the cartels collectively about $25 billion a year, but they also make now almost 10-$12 billion a year with human smuggling, so they are making record profits. record profits mean record strength. stuart: a new nbc report claims that the number of migrants
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seeking shelter in border towns, and in some major cities has actually dropped. is that what you're seeing in texas? and why is this happening? are they just loving out of these towns? >> well, it's a slight drop from record highs so we have to put it in context. when you compare what happened under the trump administration, for instance with folks that are on the terror watch list, under president trump for four years, we caught 11 folks crossing the southern border. under joe biden it was 375. chinese nationals were four or 500 a year, under president trump it's almost 34,000 this past fiscal year, and 3 million total illegal crossings as opposed to almost 11 million, so you see how the border is busted wide open, so it's not record highs, but it's still way worse than it was when president trump was in office. stuart: governor abbott is telling hospitals in texas to ask their patients about their immigration status. he wants to use the information to figure out the cost of migrant healthcare. i'm sure you're in support of
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that one, congressman. >> 100%. it's costing the state of texas billions if not tens of billions of dollars when you consider healthcare costs, education and then unfortunately, crime, and you've seen, stuart, the people that live along the southern border in texas are overwhelmingly of hispanic extraction, and they are leaving the democratic party in droves to come to the republican party because they are sick of the kay the chaos, cartels and crime. stuart: by the way, congressman, one of our guests, ken fisher, a very successful investor, passed along his best wishes to you. he is one of your constituents and he likes you. >> ken fisher is a great american and he runs a world class operation and he is one of my 900,000 bosses, yes. stuart: congressman fallon, you have a great weekend. see you again soon, i hope. a new poll shows people not confident that democracy will survive much longer.
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ashley? that's interesting. take me through it. ashley: yes, very pessimistic. only one in five us adults believe democracy can actually withstand the 2,024 presidential election. it's according to a poll conducted by ap and the national opinion research center. prospective voters appear pretty demoralized by the outcome regardless of whether kamala harris or former president trump wins the race. 59% of us adults said the outcome of the action could put democracy at risk. 58% of republicans, 67% of democrats said the same. by the way, independents were most likely to believe that democracy is too far gone while men were a little more optimistic than women that democracy can indeed survive, but overall, it's pretty depressing i'd say. stu? stuart: got it. california governor gavin newsom was spotted cleaning up the homeless encampment in los
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angeles. the new netflix show "owning manhattan" is all about fas paced and competitive real estate market in new york city. >> welcome to the most expensive apartment in the world. first one to get it sold, you'll get $10 million. so it's time to step up and sell. stuart: okay, one of the stars of that show, ryan serhant joins me here in the studio, next. ♪ you can cashback 5% on travel purchased through chase with freedom unlimited and... buy better plane seats. switch to a king suite. or book a silent retreat.
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stuart: on the market this morning we have the dow down a mere 45 points the nasdaq down a mere three at this point very different from yesterday when we had an all-out rally. no pullback so far today. lauren is looking at the movers and i really want to know about chipotle. lauren: up over 2%. bank of america adding them to their best ideas list. their number one list. stuart: 2% gain not bad. akamai? lauren: this is number one on the s&p. it's a cloud services company basically helps deliver content over the internet. stronger earnings, successfully shifting revenue to the security
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and computing side of their business, good for 10% gain. stuart: sound hound. go ahead. lauren: it's voice-enabled artificial intelligence. it can detect emotion, based on something that it hears or automatic language translation. exactly. stuart: i've got trouble with that. lauren: they reported a wider than expected loss, and they are spending a lot of money, buying companies stocks down 6% but they did raise their annual revenue guidance because they are in a.i. stuart: i don't want my emotions probed by a.i. it's probably going to happen. lauren: it's like the new way of the old fashioned rolling of the eyes. stuart: okay, listen to this. just one year ago, four us cities had a total housing market value that exceeded a trillion dollars. four cities. now, one year later, that number is up to eight cities. well look whose here. he knows a thing or two about this. ryan serhant is the ceo and founder of serhant real estate and the star of "owning
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manhattan" on netflix and he joins us now. that's an astonishing rise in prices when many american cities are falling to pieces. explain it. >> i think what's far more interesting and potentially even scarier than that is that just five years ago, about 80 cities in the united states had a starter home value of about $1 million. that's a lot for a starter home, which basically means the bottom third of home values in that city, today, and five years later it's nearly 240 cities where a starter home will cost you just about a million dollars, and it's because there's incredibly low inventory and it has everything to do with the rates, so i'm very excited for what i think is coming in september, and what's already started even this week, with rates hitting 15-month lows because we went into a recession on monday but it feels like we're back in a bull market today listening to you guys. stuart: careful. the best way for genz folks to
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get into a starter home is surely to get money off mom and dad and mom and dad will tap into the stock market to get money for the kids am i right? >> yeah, it's super safe. mom and dad lend the kids money on margins so i don't think there's any problems with that in the future but yes, gen z is outpacing millenials in homeownership. it's just too expensive, but in the midwest, around many major cities, gen z is ponying up because rents are too high, and they are saying you know what? i want to have financial education. the parents will buy the home about 50% of gen z home purchasers are now using some sort of family financial aid. stuart: 50%? >> yeah. it's a big number. i don't expect it to last that much longer than where we are now especially as rates start to come back down, but that's where we are as of today. stuart: i want to hear about the new show on netflix called "owning manhattan." >> yes. stuart: it's more than a real estate show isn't it? >> yeah, it's the greatest show
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in the history of the world. stuart: [laughter] >> it's amazing. it's the best thing i've ever seen on netflix ever but it is. it's an occupational docuseries and it follows myself and as we build our company and so it's a mixture of, you know, i did a show called million dollar listing on bravo for a long time. it's a mixture of that, a mixture of success says, a lot of these different types of shows and there's really nothing else like it. stuart: do you make more money from real estate or from being on television? you're not going to tell me? >> my life is a flywheel. we create brand awareness, top of funnel, that creates lead flow, that goes into our education business, our brokerage business and our production business and i just go around and around and i wake up at 4:30 and do it all over again. stuart: 4:30? >> yes. stuart: i'm up at 2:45. >> every morning? lauren: what time do you go to sleep? >> it depends on the day and how many client events i have, last night was 10:30 so i got a solid six hours.
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stuart: but you're young. youngsters like you, you can do this kind of thing. serious question, how has manhattan real estate done since the pandemic. straight up? >> it has not been straight up. real estate is bifurcated. you have luxury and then you have everything else. the luxury market has done incredibly well, nationally luxury prices are up about 9% while the rest of the market has had a little bit of a decline. you've had more price reductions about one in five nationally in june. you've had more cancellations on contracts over the past 60 days than we've had in quite some time but manhattan, there's no place else like it, and we have incredibly low inventory, kind of like the rest of the country and there's only so much you can buy. stuart: yeah, i'd like to live in manhattan but i can't handle the taxes. see i'm a w 2 kind of guy. can't handle that. >> you can crash with me if you want to. stuart: careful, careful, it might happen. ryan you're all right thank you very much for joining us today. that was fun.
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now then the world's first, not changing the subject, but this is interesting. the world's first 3d printed neighborhood is almost finished. ashley? where is it and when exactly will it be totally finished? ashley: i mean, there are two houses away from being finished. it's the wolf ranch community. it's in georgetown, texas, about 30 miles outside of austin. a giant robotic 3d printer that is more than 40 feet, 45 feet wide weighs close to five tons, is printing residential homes. 100 in total. the single story three to four bedroom homes take about three weeks to finish printing with the foundation actually installed traditionally and compared to traditional construction, the 3d printer can make these homes faster at less expense and also requiring fewer workers and minimizing construction material waste as well. prices range from 450,000 to
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close to 600,000, and developers said a little more than a quarter of these homes have already been sold. could be the future. stu? stuart: this governor tim walz waited four days to call in the national guard during the george floyd riots in minneapolis. he was reportedly concerned whether the soldiers had adequate dei training. some doctors want more people over the age of 65 to start taking ozempic. it's not just about losing weight. doc siegel explains, next. ♪
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stuart: no downturn so far, as modest at best, big rally yesterday we're down 57 on the dow down 37 on the nasdaq. not a big pullback. dow winners put them on the screen please. the dow winners list is headed by american express, morgan chase, salesforce, visa, amazon all on the list. and then we have nasdaq winners, trade desk, take two interactive, palo alto networks, and s&p winners on the screen please topped by expedia, eli lilly. now it's up 60 bucks, 7% for that on a role. take two interactive and paramount global also there. next. doctors now wish that more people over 65 were taking some sort of weight loss drug like ozempic or wegovy. they say the benefits go beyond weight loss. dr. marc siegel is with us. what are the benefits that go beyond weight loss, doctor? >> well, you know, stuart,
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there's something to this. 9% of the people over 65 are already on one of those weight loss drugs per the "wall street journal's" report. 9%. the biggest problem is actually finding these drugs or getting insurance to cover it, especially over the age of 65 where medicare may not cover it, but the benefits which got your attention, one of it is that it seems to decrease your risk of developing alzheimers one of our favorite topics here. it decreases cognitive loss. because it decreases inflammation in the body. it overcomes insulin resistance, so all you're losing weight, you decrease inflammation. inflammation causes damage to a lot of organs. there's some evidence it helps the kidneys as well, by the way and protects the kidneys so we're looking more and more so of course the most important thing of all is when i look at a patient over 65, i think what are your risks of high blood pressure? what are your risks of heart disease? what are your risks of cancer? those are the big three and you know what? ozempic if it causes you to lose
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weight or one of those drugs, decreases those risks dramatically but i'm not saying to jump on it. i'm not saying that. talk to your physician and go over the idea. stuart: my problem will be what do we know about the long-term effects, maybe negative effects of these weight loss drugs? we don't know at the moment, do we? >> we don't know enough. we don't know enough. we know that it can affect the thyroid. we have some concerns about the gi tract and the bowel because it's slowing gastric emptying. we don't know enough about the effects on the liver too, so we have to really study that carefully but remember, ozempic has been around for a decade or drugs like it treeding diabetes so it's not as much of a new kid on the block as you might think. stuart: do you know what, doctor, we got to our dementia update. we do it every week. i'm told a.i. is fast-tracking dementia diagnosis by tapping into hidden information in brain waves. okay, go ahead, explain that one. >> first of all, if they put
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a.i. on your brain, they would find it was as fit as when you were 40 so let's start with a little reassurance here. i'm not sure about mine but i'm pretty fast too but listen to this study coming out of mayo clinic. 1 1,000 people studied and they looked at eeg, which we know are abnormal when you have a seizure, and we know it's abnormal when you have alzheimers or dementia, but we haven't been able to pattern it yet. we see some abnormalities because listen, stuart. your brain is clogged if you have dementia with plaques, and things that slow conduction between your nerve fibers but we didn't have the ability to look at an eeg and say exactly what the abnormality is but they looked at 1 1,000 people and compared it to pet scans and to mri's and figured out a certain pattern that works to predict alzheimers before anybody even gets sick. what a great advance that is. that's a really good example of how a.i. is going to take over
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the medical marketplace in the future. stuart: that's a wonderful thing. doctor i'm not sure if you saw this but noah liles, an american sprinter, he had covid and still managed to win the bronze in the mens 200-meter final. that's extraordinary. i mean, he was carried off-the-field in a stretcher, but that was an extraordinary performance, right? >> stuart, i think he may make it to my medical miracles book i'm doing for fox right now. look, he won the 100-yard on tuesday, by thursday he knew he had covid and this illustrates that covid is becoming more a disease to live with, right? but i'm not going to tell any of my patients to get out there and run the 200-yard after having covid, but he managed to get out there and run the race and finish and he probably would have won if he didn't have covid but then he got in a wheelchair and they carried him off-the-field. i'm not advertising that. most people, even now, are too fatigued from covid to ever attempt anything like that. stuart: that's for sure.
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doctor, always a pleasure. come and see us again real soon, please, dr. marc siegel. see you later. thanks a lot. now the paris olympics are almost over and i think they've been a wild success. that's my opinion. it was a shining example of a global event that worked. that's my take at the top of the hour. and by the way california guy steve hilton, he'll respond because the next olympics will be held in los angeles. new polling shows kamala harris has much greater support among blacks than trump. that's a reverse of the trend. leo terrell on that, next. ♪
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stuart: okay let's check out big tech. that's where the money is. all of them up except for alphabet, google. meta is up four bucks, 5.13 now, amazon is up, apple and microsoft as well, but alphabet, google that's down a buck 92. just over 1%. there's brand new criticism surrounding tim walz's hand eling of the violent george floyd riots in minneapolis. garrett tenney with us.
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what's this about walz wanting dei training for national guard soldiers? >> well, stu, after that first night of the riots minneapolis mayor called governor tim walz to tell him the local police were overwhelmed and they needed the help of the state and national guard. that call was on a tuesday evening. walz didn't activate the guard for another 18 hours and he initially sent fewer soldiers than the city requested the mayor a fellow democrat later said the governor hesitated to end is in the guard until it was too late but walz and other state leaders blamed city officials saying the initial request didn't have a clear plan for what the guard troops be doing. during that delay an investigation by state republican lawmakers found walz's staff were also asking the national guard what kind of training the soldiers had in diversity and inclusion, and if they had experience working with diverse communities. one of the lead investigators of that report calls that unforgivable. >> they were looting. they were burning.
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they were destroying buildings were collapsing and at the very same time, the governor's staff is having this little discussion about public policy while minneapolis burned. >> while the trump campaign is now attacking walz for mishandling of the riots at the time then-president trump praised the governor's leadership as an example for others to follow. on the call with governors, president trump said, i fully agree with the way he handled the last couple of days. the trump campaign clarifies that president trump was referring to the past few days praising walz for finally taking action when he fully mobilized the entire national guard to minneapolis, which then led to calm after four days and nights of destruction. walz recently told reporters when he was asked about the criticisms of how he handled the riots, it is what it is and we try to do the best we can. stu? stuart: garrett tenney thank you very much. a new poll shows kamala harris has a 77% support among black
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voters. trump has 23%. leo terrell joins me now. leo, that seems to be against the trend. she's now gaining ground with black voters. explain that, please. >> yes, i'll explain it and that's the initial honeymoon period, stuart. you saw those numbers, 73-23. she needs joe biden 2020 numbers where he got 90% and she's well-below that. this honeymoon period is over and what i think is very important, stuart, is that 23%, that be historic if trump maintains that number but what i think is insulting is what she's asking she is asking black americans to vote for her because of skin color. even though they disagree with open borders. even though they disagree with defunding the police. even though they disagree with her bailing out criminals. i don't want to vote for someone who is adverse to my quality of life simply because we share skin color.
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it's insulting, and i think what's going to happen is when policies are being discussed, black americans, especially black men are going to maintain their support for president trump. 23% is astronomical for a republican candidate. stuart: okay, now trump has raised the issue of harris' race. he raised the issue. described it, talked about it. did that go down well with black voters? >> i honestly believe, stuart, that all president trump did was regurgitate what kamala harris said about herself. she shares and boasted about her indian heritage. she did that when she got elected for us senate and she also talks about her experience as a black american, so i think what president trump did was basically, re-state what she has said, and trump, this is not about race. this is about who has the best policies and president trump
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tries to keep the country focused on the issue of policy. the left wing media want to play the race card and the race card isn't going to get her into the white house. stuart: about a week or 10 days ago, trump called harris dumb. he used that word to describe her. and yesterday, in the press conference, he said that she wasn't smart enough to hold a press conference. i don't think that kind of talk goes down well with women. i don't think you should use those names to women politically like that. i think it's a mistake. what say you? >> i think the language is basically president trump use of describing her incompetence, okay? and i personally believe she is not competent to serve as president. now, people have a different perspective on the language that president trump used but i don't -- this is a woman who cannot pass the california state bar exam. i passed it, i passed it the first time so i think the degree as to whether or not
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she's qualified to serve as president and i personally will tell you, i don't believe kamala harris is qualified to serve as president of this country given her policies. stuart: leo, just show me a woman who likes being called dumb by a man. doesn't go down well. you know what i mean? leo terrell, thanks for joining us. >> yeah, i understand. stuart: see you again soon. >> thank you. stuart: still ahead, steve hilton on gavin newsom's new push to clear homeless encampments in california. lt. general keith kellogg breaks down what could be a turning point in the war in ukraine and andy posner says what is the greatest threat facing democrats in the election, plus ken golden will show off an authentic olympic medal which is up for auction. the 11:00 hour is next.
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