valued as bigger company than walmart. [closing bell ringing] david: bells are ringing. the last closing day before we get results of the election. at this time tomorrow we may still not know exact results but we'll have an idea. all industries with the exception of the dow are trading in the red today. perhaps a hold position on a lot of gains that have been made in the days leeding up to today. waiting to see whoo happens with the election. we're election from beginning to end. all implications on markets and businesses large and small. "after the bell" starts right now liz: mike sorrentino from global financial private capital. has four picks for the portfolio no matter who takes control of the senate.

mitch is from cambria capital management on which foreign markets he is in favor of. larry, collapsing oil. eurozone downgrading growth rates and very mixed market here. >> you're exactly right. remarkable stable market. given that, ecb, bos -- b. getting mad at draghi for what he said at jack hon hole, all the moving pieces. traders are on alert for all the things coming forward. remarkably stable the market is. biggest down day in two weeks. continued buyers coming in sweep the market in. i'm actually very pleased and very, very comforted given action today. david: mmke, larry is not alone.

some say the market can't lose. ii you look at whole global situation. how the central bank is managing to work its way out of qe, without a big market reaction. when you think how strong the dolllr is. but you say. you say we worry when there is nothing to worry about so why if there nothing is worry about why worry at all? >> think of economic headwinds. think about china and uncertainty in parts of europe. this will slow us down as economy goinn forward. our argument the tailwind are stronger and last much longer. volatility in equities is good3 thing for patient, long term investors. we worry when there is nothing to worry about. enassume is so high. i started this, enthusiasm, i never seen enthusiasm higher for

a market than this one. they say there is nothing to talk down the market right now or nothing that could talk down the market, particularly off the correction we just had. >> look they're enthusiastic this week but they weren't three weeks ago. if you feel like you're too% short term, you're going on day-to-day basis almost. i'm talking to a lot of investors there. is still fear and concern especially from retail investors in the market. as long as you maintain focus and see the dips you do very well over next three to five years. liz: very well, three to five years. u.s. looks good. 22 months of manufacturing. best since may of 2005 or something? you look at this, meb and suddenly, look elsewhere. look at different country. why are you looking overseas and not here in the u.s.?

what is your argument for that. >> two of the best strategies over time are value and momentum. we have etfs track both. our favorite when there is intersection. asset class with value and momentum. you don't see that right now. europe, brazil and russia.tern a lot of best momentum in u.s. bonds and u.s. real estate. there is not a lot of crossover. we like both b different reasons. i have to come back to you right away. brazil had an election where they reelected a woman who is antimarket as any president on the planet right now. russia of course has oil that is, dropping tremendously, causing them immense problems. think about 80% of the their economy is dependent on oil, with oil going down so

drastically, with nothing to stop it from going further. why would you pick russia? why would you pick brazil? >> they are super cheap. if you have a long term -- david: so is dirt. >> at love these countries are, so you close your eyes, hold your nose, three, five-year time frame. looking at double-digit returns here for most of these countries. u.s. we're looking maybe 4% a year, next five, 10 years. short term anything can happen. we think there is huge, huge opportunity. david: forgive me interrupting. adam shapiro with numbers going out. >> 21st century fox. a parent company. beat and beat. earnings per share of 39 cents. adjusted earnings per share. street was expecting 36 cents. revenue, pretty dramatic, 7.89 billion. street was expecting 6.25 billion. @rom the press release they're attributing this primarily reflect as 15% increase at the cable network programing segment from higher affiliate advertising revenues. along with 70% growth at film

entertainment. bottom line, revenue up dramatic, 7.89 billion. liz: fault in our stars was a huge hit. that was kind after surprise. and probably wasn't that expensive. david: and bird man. i love "birtman." liz: let us quickly go back larry shover. again youulook at what is going on with the markets at the moment. the dow posting a gain. there are mixed pictures. last hour we spoke to all the traders who gamed what would happen if the senate stayed democratic or tipped to republican. what are the guise in chicago saying on that floor? >> what they're saying, markets are pricing in, senateewill pick up six republican seats. thereby be majority. vice versa, if hotly-contested races go other way. we'll see a downdraft because the market is pricing in its prerogative that republicans take control of the senate, for better or worse.

that is what i would be prepared for. david: we haven't talked about natural gas. that is going down as well. although certain companies in that area that you like. chesapeake among them. explain why. >> yeah. if you told me five years ago i would be pitching chesapeake on national tv i told you were insane. david: whh now? >> they have a plan in place changing company. they are. >> cuting. recent asset sales make the situation far better. they have good properties here in the u.s. if natural gas has been under pressure. look what is has done over past week or so? i'm not doing day-to-day commodity trading but i feel like, stock this cheap right now, going into the busy season for natural gas, i think3 downside is limited. if they continue long term executing on financial plan, this could be interesting opportunity for the next 12 to 18 months. david: fair enough. liz: mat l mart, what keeps you up at night? so-called black swan, unexpected negative thing that changes the picture for all

markets? >> i sleep pretty well at night. but most of what people call black swans is simply volatility. liz: oh, no, it could be some type of, you know, overextension or, implosion of a big bet or some type of, you know, wrong way bet, that affects markets. >> so true black swan is unpredictable. what a lot of people think of big volatility. 2/3 occurs after markets have been declining, as determined by long-term trends. not only best and worst days occur after the markets declining. so from a trend perspectivv, you wann to avoid both. you want to avoid best and worst days. right now the u.s. is still healthy uptrend a lot of foreign markets and downtrenn sectors across the board. having momentum and trend focus we think is really important. david: larry, very quickly, speaking of foreign markets, ecb, european central bank meeting coming up this week. what do you think will happen

quickly. >> not a whole lot. they were not expecting any policy changes. right now people are expecting draghi to clear up everything he said and singling out germany, about budget deficits and helping when they already helped i think that will help soothe and comfort markets because they think he is out of line and out of line too long but not realizing 2012 and in his bumblebee speech was whole thing underpinned markets and eurozone added stability. very interesting to see. liz: good thing larry doesn't have at love energy. thank you so uch. great to have all three of you. mike, ned, and larry shover. david: already, big political question. should big businesses take any political stance at all? a new study let's us know what americans in general think about. the results likely to surprise you. liz: small businesses, big job creators, provide 55% of all jobs in the u.s. and created 66% of all new jobs since the '70s. so what do they want to see in

this election and what issue, which issue might impact their hiring the most? we'll look into that. david: and can republican senate majority win actually help the democrats in 2016? and is wisconsin the most important race in the whole nation? also the one trade that could wipe out trillions of dollars. our all-star panel straight ahead. ♪ she's stilthe one for yo

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david: trip addisor sinking in after hours trading following its earnings. liz: nicole petallides at new york stock exchange with reasons here. >> earnings coming in light, liz and dave. let's look at the exact numbers. as you noted stock is to the downside in after-hours. trip advisor earnings per share, 48 cents. analysts were expecting 60 cents. so as i said, light oo earnings per share. revenue, 354 million, versus

348 million. so that was a beat. the revenue was in fact a beach. as i was looking through and looking what analysts were saying, almost 60% of the analysts including cantor and wind every lick in the last few days have hold ratings. only 39% have buy ratings on this company. don't forget, we just finished talking about priceline, which expressed some concern going forward, particularly our europe. and i'm interested to see whether or not as we break down to look into the numbers from trip advisor, whether or not the forecast click based ad revenue kingdom could be a factor. i will try to find more on guidance. the most evidence thing they missed on earnings per share. david: trip advisor we'll watch tomorrow morning. nicole, thank you very much. >> small business, big impact. the number of small businesses, listen to this, increased nearly 50% since 1982. jobs since 1990.t 8 million new

so what do they want to see in this election? how will it impact how they do business? weehave nfib lisa g.oez. this is small business. ii want to start with you, bob. you're out in north carolina with hotly-contested senate race kay hagen is democrat leaning toward here. with sean haul the republican. that is exciting. what is the most exciting prospect you hope to see? what would you love to say to either one who wins, when it comes to what you as a bussness leader wants? >> you know, liz, we heard so many politicians claim they create jobs. in real world, small businesses create jobs with new investment. i would like to see reduction in the marginal tax rate. think of a small business with marginal tax rate over 40%.

endless relations with the human product, go down laundry list as you know affordable care act is not affordable. let me push to ask, if one thing, corporate tax rates end at 40%. belgium and france are lower at 31 to 33%. that is really not okay to have us, losing business to those countries because they're just lower? >> liz, if we cut corporate tax rates five to 10% it would gives hope and money would be flooding into this country. you would see more investment. investment creates jobs and good jobs. liz: imagine that, lisa, just 5 to 10%. bob who runs a kitchen ventilation business saying that would give him confidence. that what is the message you would like to send to the winners, lisa? >> i think bob perfectly echoed

concerns of a lot of our members across the country, which is small businesses are frustrated and they want something to be done. they need action. and hopefully these midterm elections will bring. that the action in the form of health care reform, that is actually affordable. and regulatory reform. and -- liz: can i interrupt here? i was speaking with alan krueger working with the obama administration and fairly pointed out sba loans increased past couple years were certainly welcomed by small business. was there missing component there? was that not enough? >> biggest concerns are not so much access to capital. it is uncertainty youininability to plan. they don't know what the taxes will be or regulation or rule coming down the pike. really uncertainty in those

ttree areas are preventing them from operating and growing their business. >> bob, you been around the block. start the your first company at age of 20. all you have to do is go back to the time when the first surveys of business leaders were being taken. this is decades ago. nine times out of 10, number one or number two issue was uncertainty no matter who is running white house. it has to be more. washington can not guaranty anything. what you as busiiess leader gives you hope no matter which party controls? >> america is just such an amazing country. liz: indeed. >> when government is not in our way we have tremendous exuberance and hope. when the administration make as comment they have more small business loans i would like to say most small businesses never gettsba loans. they grow the business known as sweat capital, earning their capital day by day. so if the government got out of our way, reduced our taxes -- liz: and regulation.

>> oh, and regulations are, are non-st. liz: possible, you're in the kitchen ventilation business which means you're in the housing business. how does theehousing business look to you? >> we're in commercial ventilation business and we're primarily in comb merges ventilation. commercial build something doing extremely well. it is opening up and doing more investment. if marginal tax rates were lower for corporation, you would have higher investment, more commercial building and more job creation. liz: great to have you both of you, on the eve of this big midterm mania election as we're calling it. thanks tt both of you. we really appreciate it. >> thank you, liz. >> thank you, liz. liz: you're welcome. we want to hear from you. what is the number one issue that would influence your vote today or at least before the polls close? some of them start to close 6:00 p.m. eastern. send us a message, we want to

hear from you, facebook or tweet us @fbnatb. we'll read some of your answers coming up. david: our market rally over the past week as been helped by number of forces. indulgent fed as well as pure momentum. could this change following the elections? we will ask that question. liz: plus st. louis fed president james bullard speaking out to one network on this election day, ours. he has got strong thoughts on where he sees the economy heading, particularly unemployment levels. we'll hear from him ahead. david: also some walking dead fans may not be able to watch3 their favorite show later this year. could you be on that list? we'll let you know coming up. ♪ so ally bank really has no hidden fees onavings aounts?

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i s trying to like, pull it a little further got me to 7070 years old i'm going to have rethink this thin it's hard togine how much we'll need f a retirement that could lt yrsr more. so maybe we need to proach thgs differently if we want to be ready r a longer retirement. ♪ so i can reach ally bank 24/7, but there are24/7branches? it's just i'm a little reluctant tory new tngs. wh's wrong with tryi new things? fe that in your mules? yeah... i do... try a new way to bank, whereo branquals grt rates. liz: polls close at least some of them already at 6:00 p.m. eastern. then they start to really tumble. when we will start learning who controls the senate in 2015. well, starting around six p.m. david: 6:00 p.m. it may go long into the night and early into the morning but not just congress. voters are deciding a handful of

key governor races. one with huge implications on 2016 race for the white house. with more we're happy to have rich edson here in the new york studio. >> hey, guys, good to be here. david: wisconsin, haste been through a lot this governor. already had one election. one recall and now up for re-election again. >> right. survived the recall. much of the reason he won the recall -- david: scott walker. >> scott walker. this governor pushed through some of those proposals that curbed union powerrin that state. david: also brought down taxes tremendously. >> implement ad very conservative agendaathere. he is neck-and-neck in state president obama has won twice. he is running against mary burke. they are hhad-to-head here. this has implications for 2016. he is one of theenames brought about as a republican, winning in a democratic state, someone who could really be a candidate in 2016. of course he has to win here. he is would be running against democratic state,n won in a chris christie, who won by 60

points. that was before the whole "bridgegate" thing. you still have comparisons drawn as someone who might carry the conservative vote. liz: there you, you have pretty exciting, i bring up kansas and ggbernatorial race. republican, sam brownback, up against mr. davis, who is democrat. it is touch and go, is it not. >> the fact we're talking about kansas on election night is remarkable, this is such a state that republicans have had no problems winning in the past. pat roberts, this is little eric cantor syndrome. >> not aamany profit the democrat dropped out. you have an independent who is not saying who he wwll caucus with or identify with. liz: why sit he, paul arm man or greg orman. he is independent. nobody knows he who will caucus with. he is business guy but credits a lot of his personal success with certain government programs that helped him when his family was struggling.

>> exactly, liz, the reason he does not want to identify he wants to be king-maker. whoever hhs the lead, more republicans than democrats elected he would caucus with republicans. republicans say they're not buying that.% this is simply a democratic candidate because of positions he had in the past. david: okay. let's end with, what starts really the 2016 election, that'% iowa. iowa is sort of beginning of all of the primaries that lead up to the white house. >> right. >> we have an interesting race there, where a woman, republican woman, could take over as the senator and be the decider for the senate majority. >> joni ernst. this is state president obama has not only one twice, president obama, iowa started campaign. it was momentum back in the 2008 primaries in iowa that carried him through theenomination process and brought him eventually to the white house. so for the thought that perhaps, a republican could capture empty seat, senator tom harkin. bruce braley is the democratic

congressman running here this, is seat republican would love to have. if they win that one could bode well for even worse evening for democrats. daaid: fun races. fun races. >> fascinating historic night. we're glad you're here, rich in studio. >> great to be here. david: don't bring out the beer until after 1:00 a.m. >> tomorrow night. david: is it republican a winn3 today could actually help democrats take it all in 2016? follow me on the logic on this. if republicans manage to take the senate and pass some laws that help our economy grow faster, will democrats claim credit in two years, just walls into the -- waltz. >> the white house? let's bring in our panel. fox business's adam shapiro, heritage foundation, steve moore. and buyen wesbury, called it right so many times over the years, first trust chief advisor. gentlemen, honored to have you here. steve, what do you make of that theory, if republicans win and we have more progress on the

economy that will set up democrats for 2016? >> boy, david, are you a killjoy or what? >> hey. come on. >> answer the question, witness. >> look, i think if, it all depend whether barack obama has it in him. is it in his dna to move to the% center? remember, 2010 was a huge megatide election for republicans. did barack obama move to the middle? no, he moved to the left and sharply to the left. my point is, if he were to move to the middle, pull a bill clinton, as clinton did after 1994 elections, 20 years ago today, yeah it would help democrats. if they run as far left-wing party or hillary or elizabeth warren, whoever it might be, cuomo, if they are running as far left-wing candidates no they can't win. i think they have to move back to the center. david: let me bring your friend brian here. president obama is no bill clinton. bill clinton has compromise built into his dna he

compromised with some issues on tax reform, capital-gains tax, welfare reform. nevertheless, get this, something president obama said in 2011. this is from a book his people put out, called the president's plan for economic growth and deficit reduction. president obama's principles for tax reform, lower tax rates. the tax system should be simplified and work for all americans with lowerrindividual and corporate rates and fewer brackets. that is ronald reagan talk coming from president obama. do you think any chance for tax reform if republicans win. >> i was about to say amen. and and it is ronald reagan. steve's right. he has shown no willingness to move to the center. if he does i think tax reform is a real possibility. you'rr absolutely right. that will help the economy. here is is a mystery for me. the republicans ended

unnmployment benefits not allowing to it come up for a vote in december or january going into 2014. the unemployment rate now is down to 5.9%. initial unemployment claimsshave been below 300,000 for seven weeks in a row. the average length that people are out of work has plummeted. in other words, ending unemployment benefits, a convservative principle has worked and they haven't mentioned one word of it. they run away from conservative principles. david: we have a llt to say on this subject. we have to move on. adam, we'll give you first shot. we didn't hear from you last segment. -@dollar is king of all currencies. strong dollar has profound effect including oil. adam, could it affect oil no matter who wins? >> absolutely. as long as putting money back in

the pocket of average americans. you put price of oil coming down, one analyst was seeing on fox business, we might see gasoline $2.75 a gallon. that is immediate pay past for average working americans who have not had a pay boost in real dollars last several years. the strong dollar one is good in that regard. if it makes our exports more expensive, the same americans producing stuff that get sold overseas may take a hit. david: i will give you steve problems, stephen, beyond that. one is a program for frackers and farmers. they will have a terrible time. that is one and two, because commodities continue to go down. some people say we could see oil at $50. this bull run of the dollar we could be at the beginning of it. it could last another four years. the other problem, a lot of countries, a lot of people in other countries, borrowed trillions of dollars with their local currency which is being devalued. they will get killed. not that we should cry too much about them. that will lead to problems

outside of the united states. >> look, i don't buy it. i think, look, i believe in ronald reagan's theorum, that is strong dollar is sign of strong america. the fact is, the reason the dollar is so strong right now, not just against other currencies, but against gold and silvee and commodities, is because foreigners want to invest in the united states. they see this as a great place to invest in. by the way that makes no sense low oil and food price is bad. that would be like saying if oil and gas and food were free it would be bad for america. david: steven you know very well, you know the oil business, if oil goes down to $50 a bear, that kills off a lost frackers. >> it does. that happened to the natural gas price and went from 12 to 3. a lot of people stopped drilling for natural gas. david: that's a good point. >> there are prices, technology is getting so much better with fracking,ing a price false they will be more efficient. david: i'm all for a strong

dollar. i think in the end it is the best medicine for all of us. finally will the crash of oil prices change the political landscape in the world including venezuela, russia and the middle east? let me go first to you on this, brian? >> absolutely. kind of interesting i read all the stories that saudi arabia is trying to kill the american fracking industry and what's kind of hilariius about that it is actually killing them. saudi arabia has a break-even energy price of about 100 bucks to balance their budget. ruusia is around 100 bucks. venezuela is 100 bucks. every dollar this thing falls below $100 is more of deficit spending they will go into. they have got no other industries. they're killing themselves. david: somebody who nobody will cry over, ven venz, that has had a bunch of -- venezuela, has had a bunch of crony socialists in decades, adam shapiro will we seen the end of that regime as a result of what is happening

there? they are by the way a cofounder of opec, they're now importing oil that is how bad their situation is. >> they are importing oil to mix with the oil they're taking out. exxon and other oil producers are striking deals with the current venezuelan government. this is happening very quietly but "new york times" reported this in early october to them boost production. the venezuelan goveenment started to renationalize some areas that hadn't been and they're pulling back. letting them beepaid in oil. as long as you get cooperation from companies like chevron, it will be a much longer transition for that government. david: economic realities move countries than diplomacy ever does. we have to take a quick break. coming up next, will the forces behind the market rally get zapped following the election? a big governor's race crucial for your money. that is coming up. liz. liz: smart businesses for businesses like mcdonald's,

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liz: could one of the most popular shows, "the walking dead" be six feet under for some tv viewers? amc warned directv subscribers they might miss future episodes because of a contractual dispute. although the current agreement doesn't end until the end of the engaged in, quote, meaningful negotiations, leaving them with doubt whether timely renewal is possible. directv says it will renew the contract at a price that is fair with its 20.2 million customers. amc, sundance channel, could also go dark. directv finished up slightly. david: don't take away my zombies s there anything in the election that could change momeetum in the market for the worse or better? let's bring in our panel, adam shapiro, steve moore and brian

wesbury. steve, let me start with you, does anything look bad for the markett >> 20 years ago, i was working for newt gingrich. we had the amazing 1994 sweep election for republicans. something your investors think about, that day after the election triggered biggest bull market in american history. bond market went bullish. stock market went bullish. i think republican victory will be really helpful for stocks. not hugely so but bullish. david: brian, i will give you credit. we had an argument year-andda-half ago. even though we agreed the economy will lumber along at 2 1/2%. the markets were bound to take off exactly as they have taken off. you were right. i was wrong. what do you say now? is there anything economically, united states, the world, that could stop this market momentum? >> i think the market is still cheap. you know what is interesting, in the last four years because of the sequester, because of gridlock ii washington,

government spending has actually declined as a share of gdp. so while lots and lots of conservatives have an complaining about barack obama, underneath all of this, the government has been getting smaller. and that's one of the reasons why the private sector has been doing better. i think that will continue. if republicans win, clearly tax retomorrow's on the table. table. here is the most important thing i think. and that is, the rules around dodd-frank have not been written yet. i mean there is still in the throes of all this debate. and if republicans take over the senate and they have the house, those rules are going to come back less onerous. we were looking at an environment where the financial indussry was going to be oveeregulated massively. i think that is going to, it is going to be much better set of rules if republicans win. david: by the way for producers, we have to cut at wisconsin story. i want adam in on this.

adam, do you see anything this country or outside of thh country that could stop market momentum right now. >> yeah, europe. if europe false to deflation and get nice deflationary spiral, katy-bar-the-door, all bets are off. david: that's it. thank you very much. pllasure to have you here. please come again. a good panel. remember to tune into fox business 8:00 p.m. eastern time tonight for our full election coverage. neil cavuto will guide us through key races and results. i join it about midnight, liz. agreed to be there until 1:30, so we get alaska returns in. the alaska returns could turn this election. so we hope you join us all. liz: i will stay up to watch you, david. when taking a stance on3 political or social issues for corporations would that help or hinder their businesses? we will tell you when americans think corporations should take a stand and how it could actually help your brand. plus, what single change can

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david: mixing business with politics is thought to being impolite if not illegal. according to new study majority of americans believe corporations should stand up for what they believe in politically regardless whether it is controversial. liz: it was done by global strategy group. we have the company's vice president. we were looking at this are and said, it is very hard for business simply to operate and not weigh in on certain issues that now affect the country. everything from minimum wage and gay rights. what is the genesis of this report? >> we want to give companies advice whether they should do this. to be honest in recent years there is increasing pressure on companies to take positions, increase corporate social responsiblity and build their brand in that way. we wanted to study and look at instances of companies doing this in the past few years and

see what the public thinks. david: there are companies, private companies, like for example, the koch brothers who get a lost grief for what they contribute money to. and then there are public corporations and, if it's a private company, your own money do whatever you want, get on social issues. some people say if it's a corporation only if issue affects company's ottom line. should the company get involved. have i got that right? >> i think it's a little more expansive than that. companies should take positions, what we found companies should take positions relates to their business. it still could be broader. for example, mcdonald's, amidst the national debate on minimum wage said you know what, we're going to pay our employees a little bit more. david: i'm talking about things like gay rights and abortion. >> sure. david: unless it is something that affects directly the bottom line of a public corporation, are people a little wary of it getting involved? >> i think so. let's talk about gay marriage because that is a great example. we found a couple of different examples. chik-fil-a got in a lot of hot

bought for ceo talking off-the-cuff. that is bad example. liz: explain if people don't know. they said they applied to their company biblical ideas. so they were antigay. the ceo had to walk it back. they're still doing damage control and conversely expedia, in part of your report here, you have certain voters are saying, look, each company has the right to choose if they support gay rights. i hope one day everyone can be understanding and accepting of gays as expedia will be. you will alienate somebody and get somebody to like you with every issue. >> there is natural risk for that. i think companies have done it right have done it in a way related back to their business. nordstrom did it. talked about gay marriage in a way, giving benefits to the gay employees, the same benefits that all of their employees gotten. when companies give specific examples, sure you alienate some people but give a specific reason why it is okay to do it, relaying it back to your

business the public deems it far more appropriate..3 david: there is one case, obamacare, where it affects your religious belief. if you forced to pay something for your employees goes directly in contrast to your personal religious beliefs does the public thiik you haae a right to protest that, use company money3 quickly to do so. >> depends on your company's political position. it's a risky political position there. is way to do it right way and way to do it wrong way. we found companies that done it right way have been successful. david: business and politics, do they mix, the annual study from global strategy group. thanks for coming in. >> appreciate it. liz: with midterm elections caring high-stakes for the economy we'll hear from fed president james bullard where the economy is headed coming up. david: this is incredible tool. it drone that sits on your wrist and flies off and takes selfies. we'll show you how it works

next. >> i'm gerri willis. coming up on my show at the top of the hour, the latest on the election with neil cavuto, the top issues, turnout and what you can expect. plus how will it affect your bottom line. that is the big stories we''l cover on "the willis report" in a few minutes. irions, our analyc yo goals, r technology. troducing syncony financial, to t wd panership.ning banking.oyalty. analytics. synchrony financial. enage with us.

>> here is a look at highlights from today's newsmakers. james bullard, fox business exclusive, giving us his take on

the u.s. economy today. >> i think we're in a better position today than we have been in quite a while. 3% growth is not great but better than where we've been of. unemployment coming down into the five range. i think that will continue. we'll move into the mid five range. maybe within next couple jobs reports. >> you can have this thing on your wrist and on your command, it flies up and take as selfie. take me through it, describe it. >> exactly. it is like a braceleted or a watch. it rests onnyour wrist. you take it with you throughout the daa. when something wonderful happens or amazing you want to capture photo or video of, with a gesture, it takes off, turns around, take as photo or video of you and comes back..3 >> think that realll the u.s. should addrrss highest corporate tax rate. u.s. has highest corporate tax rate in the world. it has impact on investment. so i think that if we are able

to lower the corporate tax rate in the u.s., you will see more investment. i think there would be more investment in manufacturing, more investment in things that will bring jobs to the u.s. david: we could grow gangbusters if we did thatt time for number one thing to watch tomorrow, the results of the elections. specifically as we're parsing through them, reading your newspapers let's bring back brian wesbury, first trust advisors chief economist to see what he will be looking for. brian? >> you know, dave, i think there is right ward tilt in america. just like in the '70s, people felt out of control. they will go back to their roots. that is what i'm, it is a lot of data coming from the election but especially the house. and then to see if that is really happening i will look at financials oil stocks will do really well if rightward tilt, republican victory shows up. and --%

liz: why would you say oil companies, brian when oil is plummeting? you can say the price is collapsing. they're having trouble making decent margins when there is so much supply and medium emand. >> what is interesting, i said oil companies, the whole energy infrastructure arena >> okay. >> more than just pumping out oil. one of the key things, oil company stocks have already priced in a big decline in oil prices. so this wasn't a surprise. i think the oil price is going to stablize in the 60 to $80 range and there is going to be a lot of companies that can make a lot of money pumping oil at that price. david: that's a good thing. brian wesbury, great to see you, my friend. thanks very much for coming in. remember to tune into fox business at 8:00 p.m. eastern time tonight for our full election coverage. an all-star lineup joining neil cavuto to bring you the results as soon as the races are called. you don't want to miss it. we begin at 8:00. we're going right through to

1:30. i've been promised dinner and breakfast after the dinner at 1:30. we'll have steak and eggs at 1:30. >> with a few pancakes thrown it. let's get some steak from the "willis report. she has the meet meat of the lech -- elections coming up next. gerri: hello, everybody, i'm gerri willis. voters head together polls today. if you took a quick snapshot of the u.s. economy there is an improving picture for incumbents and friends of the white house. national unemployment rate under 6%. it dropped since the president took average. the natural average for gas @nder $3 a gallon now. mortgage rates are near lows. according tt s&p case-shiller,% home prices are still 15% below the housing boom peak. what about your personal economy? many of us experienced stagnant wages or were unemployed or underemployed. so how will this translate at polls. neil cavuto joins us now. he is hosting our special