to wear. so in both cases you did see a pop in that. liz: listen to the bells. david: they are ringing and, yes! ladies and gentlemen, by the bearish, slimmest possibility, eke out a record on the dow, not so on the s&p. it could have easily gone either way, we're not sure exactly where things will settle. another record on the dow jones industrial average, even with a six, a slim 6 1/2 point lead. s&p 500 down percentagewise a little more than the dow is up. not by much. nasdaq is up also by a very, very little bit and the russell 2000, as you might imagine ladies and gentlemen, slim volume, that's why we've got a lot of talk what's going on in ferguson, we have covered from stem to stern, a lot more to talk about with the panel. "after the bell" starts right now.

liz: okay, as she's numbers settle, looks like a record for the dow. let's break down the action. jamie costas says next year will be the year of europe! and the emerging markets. not the u.s. fbb capital michael museio will tell us where to find deals in the market. and larry at the cme. larry, i want to begin with you. good solid second quarter revision gdp, growth looks decent. much better than expected but tempered by a worse than expected consumer confidence number. is that what held the reins of the market today? >> you know, i think it did. but some people were expecting the gdp number to go above consensus, but the wet blanket of it all, most people believe the fourth quarter gdp is going to be 2.5%. let's not get too excited about the growth in the u.s. that also said, seems like right now, so lethargic and

boring and apathetic right now. prerogative at the market, people look at gdp and realize it stays within the narrative, the broader narrative, not enough to change it. people are not asking why the market's rallying. just saying why not? it's a little dangerous how complacent and how much prerogative there is on this. we're entitled the rally. david: i'll tell you what's dangerous, jamie, energy bet. oil is at four year lows, oil end of the day trading below 74. how do you reposition your energy portfolio, if you have one? >> i think you have to play the integrated oils. exxon mobil, chevron, these are the companies you can own through, because it take -- take exxon it has natural gas as part of portfolio. if you have the entire supply chain, you stay big, you stay away from the drillers, stay away from the areas like schlumberger, halliburton, any

place in the middle you want to stay away from, exxon is vertically integrated, they can get it so many different ways. i think they're bottoming, i don't think you'll see too much more in terms of decline and oil prices. liz: we had jim bianco, said he it's not a supply issue bringing oil down. he thinks it's a bad thing. mike, in essence, you're saying i want to avoid that discussion, i want to go with technology. why do you think tech in your favorite picks, among them microsoft, are really the names to go into right now? >> liz, we think that the market isn't grossly overvalued that prices generally are full. we're look for companies with growing revenue, strong cash flow and fortress balance sheets and technology space right now is kind of the most obvious place where that exists. qualcomm and microsoft both

have strong cash positions on the balance sheet, returning that cash to shareholders and buybacks and dividends increases. we're buying because of the amount of cash that's on the balance sheet, buying the operations right now, the businesses at about 11 times operating profit, in a market that's trading, depending on numbers 15, and 17 times, good quality businesses growing for a 25, 30% discount on a multiple basis to the market overall. that provides a margin of safety. david: bottom line is he likes microsoft, folks. larry, i want to go back to oil. i'm a simple guy, oil is a simple product, doing nothing but going down. of course they have opec meeting on thursday, our thanksgiving day. what do you think is going to happen? is this drop in the price today going to shock the hell out of them, and maybe the saudis will begin producing less? >> i don't think they will, i think it's just a lot of people squaring their positions before this meeting. we have to remember there's a

lot of things they have to talk about before they com to consensus. more about unity. we have to talk about nigeria. they have very, very contentious election coming up. libya in the middle of a civil war. how is production going to go forward in the first quarter are? the richer nations going support poorer nations? saudi arabia needs $100 a barrel to run their own government, they're getting like the u.s. u look at things like that. a lot of things that have to remain in place. if they did cut production by 500,000 barrels a day, it's not going to make the price go up. i think consensus is right by squaring their positions. liz: okay, jamie, we're just watching, and the dow looks to have settled slightly lower. so it will not be the 30th record of the year. that said, we've already had such a good run-up. you're saying next year, 2015 is the year of europe.

why? because it's so beaten down you want to go in when something is cheaper? >> that could be part of it. there was an article in the ft that talked about what is going to be qe next year with europe and there's a lot of wind at the economic back of europe on the back of the euro declining. so what i think is that as they embark on the qe program, a lot of companies over there are going to show up very well, like european utilities, european manufacturing. places can you make a lot of money, and the u.s. is sort of fully valued. david bianco told me look, they are broke. liz: i'm sorry, hewlett-packard numbers and lori rothman has them. >> reporter: interesting, ahead of the closing bell, hewlett-packard shares gave up half gains, a gain of 3/10 of 1%. hewlett-packard shares were up by as much as 6/10 percent in

terms of revenue, 28.41 billion dollars. and that was the problem, analysts were looking for 28.76 billion dollars. and there you can see shares are moving lower in the after-market session. that is a disappointing report. this is the first report worth a mention since h-p split companies on october 6th from the pc and printing company and the enterprise product and services company. very curious what the company says about how those particular businesses are. liz: group revenues are down year-over-year. q4 enterprise revenue, that's not a good sign, especially when it looks like intel was look a lot better when it came to enterprise. it's the pc number we're waiting on. how are pc's doing? we bucked a trend down quarter after quarter, right? >> that's the bright spot for hpq.

deutsche bank is saying despite a weak climate for pc demand and sales these days, hewlett-packard's products are standout. so continuing to watch for the numbers and the headlines. for now it is a top line miss for hewlett-packard, the first quarter since splitting the business shy of estimates, and shares are selling off. they began selling off right before the closing bell. david: lowery, thank you very much. jamie, talk about wynn resorts, because a lot of -- we've been reporting about the casinos shutting down in atlantic city. i would think with casinos shutting down, you want to keep your money way, from a place like wynn resorts. >> wynn is a play in emerging markets, casinos and a lot of tunnels and bridges from hong kong to macaw and it will bring a lot more population flow, bring into macaw, i think wynn is well positioned to take advantage of that influx of people that will spend money and that emerging market

consumer is aspirational and they like to spend money and show their wealth. that's an area where you can make lots of money, atlantic city notwithstanding. that's an area the emerging markets have a priority over our markets here. liz: mike, i'd love for you to comment what happened with hewlett-packard here. they did miss on revenue, and it's a slight miss but people are looking to the company to findly get back on its feet and trying a lot of different things like splitting off into two parts. is this enough? you're picking tech names like microsoft and qualcomm. >> i think the difference is growth, right, liz? h-p just had last quarter was the first quarter of growth they showed year over year in over three years, and pc business growth trajectory slowed from flat to slightly positive. they compete for share in that space, the enterprise figures are interesting.

that's kind of what they expect to be the growth component there, and that to be flat to kind of like you said the number slightly down is a bit of a concern, bithink that microsoft, qualcomm kind of still old tech in terms of old recognition, but new tech in terms of growth. david: mike, we got to leave it there. we're expecting a press conference from missouri where we're going to hear from the governor is possibly the attorney general as well. jamie, mike, and larry, thanks, guys. speaking of ferguson, michael brown's family is campaigning for every police officer in the united states to wear body cameras. we're going to be talking to a big seller of the cameras who's buying. where the demand is and if americans think it's a right move. liz: plus the severe thunderstorm watch has been issued for more than 20 million people. rain and snow expected to hit much of the area. we're going to get to the very latest ahead of the holiday. david: get this, more than

3,000 new regulation could be headed our way. can a bear make money in a bull market? and does it pay to trade? only based on seasonality like thanksgiving. all that and more with our panel, straight ahead. she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision,

or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. ask your doctor about cialis for daily use ♪ (holiday mhey! is playing) i guess we're going to need a new santa ♪(the music builds to a climax.) more people are coming to audi than ever before. see why now is the best time. audi will cover your first month's payment on select models at the season of audi sales event. visit audioffers.com today.

twhat do i do?. you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now jump off the bridge. what? in 3...2...1... are you kidding me? go. right on time. right now, over 20,000 trains are running reliably. we call that predictable. thrillingly predictable. how couin jellyfish, protein impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.

. david: these are government officials from missouri. state government officials. we just heard missouri governor jay nixon, now hearing other officials talking about the situation in ferguson. let's listen. >> and life and property. so again, we're hear as trained and ready soldiers to do what we've always done, that's serve the citizens of the state of missouri. >> thank you, general. the colonel of the highway state patrol. >> i just want to say we have worked with the national guard many times throughout the past years and disasters around the state. last night was a disaster. and we're prepared to team up again with the national guard with the other local law enforcement to address this tonight. as the governor said, we cannot have a repeat of what happened last night, it was very disappointing for me to watch the hard work of chief bellmer,

chief dotson and captain johnson over the last 100+ days. the tremendous work they've been doing go up in flames so to speak, last night. they will work more, work harder and we'll work harder, but we will not have a repeat of last night's activities. thank you. >> thank you, colonel. now i call on the chief of the st. louis county police department, colonel bellmer. >> last night we had about 400+ police officers down there before we called about 60 officers from st. louis city and another 100 officers from other municipalities it. goes to show you the value the guard can bring for protection, different things such as. that the message is our community not only needs to safe, they need to feel safe. david: listening to missouri state government officials starting with the governor himself, jay nixon, talking about the situation in ferguson, which seems to be

more or less under control. not after a lot of damage. imagine how different the situation would be in ferguson if that police officer had a recording device on him at the time of the shooting. that would have removed a lot of doubt about exactly what happened that evening. liz: well, our next guest makes those, founder and ceo of brickhouse joins us now. todd, you're wearing one of your items. it is the lapel clip camera. what would have changed had that officer darren wilson been wearing that. david: that simple. i don't know if you can put it down there. >> so the tragedy is we'll never know what really happened. the only witness is the officer, the other witnesses are conflicting. if we had known the truth, obviously a lot of this heart ache could have been avoided. david: bithe way, a lot of community don't have the money, aren't a lot of officers with their own money buying these

across the united states. >> incredible surge of police officers buying these with their own money. david: it can protect them. >> they don't want to be in the situation they didn't do it. liz: proof but'd admissible in court two are different things. do you find this is admissible in court? >> absolutely. there is always conversation whether it caught the entire picture, whether it would have looked different from another angle. always better to have video than not. liz: how much does that cost? >> $150 and this is about 300. david: it could compromise the officer's security? >> it shouldn't compromise an officer's security unless for policy reason they feel like they need to cover their butt and start recording before they do something else to save someone or themselves. liz: issue of timing there, then you lead yourself to be open to that criticism. >> officers need to prioritize pushing the button and saving a

life. liz: have you heard from police departments since august 9th when the shooting occurred. >> we had a lot of request for proposals, many police departments look for a solution. doing a lot of talking, looking, evaluating. a lot of officers are doing a lot of buying. david: by the way, you can't have it on all the time. it has a battery life of two hours. the officer does have to activate it before he goes a particular call. when you add the call time together, the eight hours that a police officer is on duty, perhaps they're only actually only involved in a call for 10% of the time. >> right, should be able to push the button into a situation. the officers say wherever they approach someone intoxicated. pull someone over for a traffic stop. they start they know when the moments are. liz: brickhouse security, do you have a website? >> we do, brickhouse security.com. liz: todd morris is the ceo.

keep us posted in the wake of this tragedy. david: and the founder of this company, right? >> yes. david: good work, thank you. liz: with today's upwardly revised gross domestic product rating. came in at 3.9%. what should investors expect heading into 2015? renowned investor anthony scaramucci gets you ready for first quarter investing next. david: also with the market near all-time highs and a strengthening economy is the wrong time to increase regulations in the united states? we're going to fight it out with our panel. liz: could winter weather put a damper on your holiday. here's the latest satellites picture. we'll get it to you and find out about your holiday travel plans. the forecast coming up.

♪ they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ho, ho, ho, ho] lease the 2015 ml350 for $579 a month at your local mercedes-benz dealer. . liz: let's take a look at today's market drivers. missed it by that much for the dow. it ended up being a mixed day for wall street. the dow and the s&p could not pull out record highs, but the nasdaq was the one major index

to post gains. u.s. gdp growing 3.9% in the third quarter up from the prior estimate of 3.5%. the combined growth rate in the second and third quarter was the best six month growth pace in more than a decade. home prices rising 4.9% from the previous year, that beat economists forecasts of 4.6%, david? david: small businesses in ferguson were looted, destroyed and burned following the grand jury announcement. did authorities do all they could have done to defend businesses? let's bring in our panel, tracy byrnes, jeff reeves, and rick ungar, forbes senior political contributor and one of the stars of fox. we are listening to a lawyer and represented a number of businesses in ferguson. this is what he had to say. >> everyone's very anxious, very leery to do anything more than get the doors back open because they've had this

looming threat of the reaction to the grand jury. david: all right, tracy, the bottom line is he said he thought it was going to happen again hooefshgs right. is there anything that authorities could have done that they didn't? >> they had the national guard at their beck and call and didn't take advantage. they should have pulled all the stops out for this. they knew it was going to happen. talking about it for how long? we talked to small business owners on fox business all-day and you hear their gut-wrenching stories. the people hurt themselves, they hurt their own community. it's going to take years to rebuild. they absolutely could have done more. david: jeff, rudy giuliani was on with maria saying ferguson police made a big mistake in not arresting the first protester who turned violent. >> a cooling-off period is a heating up period. you arrest the first person who throws a iraq. you arrest the first person who breaks -- >> no tolerance? >> no tolerance. protest all you want, yell,

curse, scream, you take a rock and throw it at the cop. he takes you handcuffs you and takes you away. david: jeff, that was the problem according to rudy, they used the cooling-off period which he says leads to heating up, do you agree? >> the bottom line is that protesters or looters are the people who are going to riot. at some level there is responsibility among the people doing. this at the end of the day, if they're going to do it, they're not a lot the government can do about it. >> that's not true, that's not true. david: rudy giuliani faced a number of situations that could have turned into riots that didn't because they didn't allow the cooling-off period. >> i mean, so whether or not the cooling-off period is right or wrong, it's a bit academic. i think there wasn't a lot of planning broadly. the national guard is one element of it. poorly timed press conference and to be that confrontational. people should have seen that coming.

if you know that tensions that are high, there should have been a lot more -- david: i do not believe that the police or law enforcement is helpless. there are things that can be done, even in the worst circumstances, some of which were not done. but the bottom line is that a lot of good people lost their stores yesterday, and one of them was a black woman who owns a small bakery. here's what she said, if i can't open my doors every morning, i can't feed my kids in the evening. >> it's horrible. one of the lessons we learned in los angeles when the riots happened, and they were burning their own neighborhoods. i have to say, this i think the local police did the best they could, let's not forget. hard for firemen to do their job when people are shooting. but i have to go with tracy on this? where was the national guard? they were called up ahead of time. this is $64,000 question. why didn't the governor send them? david: okay, next topic as you

sit down to eat turkey, the white house is quietly releasing new regulations and new agenda which includes 3,415 brand new regulations. so rick, just as we're getting real growth in the economy, we have the great new statistics about growth in the economy. we get regulations that could slow us up. why not? >> depends what the regulations are. you're not going to like the epa regulations, i'll be willing to bet you it's easy to use the numbers and always looks bad. but i'll bet you there are regulations you might agree are going to help people. david: tracy, the point is the regulations particularly on the quality are less about the quality of error and more about the obama administration trying to kill off coal industry. >> for a second i thought the planets were aligning and rick and i were going to continue to agree. no regulation is a good regulation when you try to sneak them under the rug when you are home comatose post turkey day. they know these aren't good.

this is the wrong way to go and they're doing it anyway. david: quick, jeff, go ahead. >> well, i think anybody who says regulations are bad has forgotten 2008, bankers behaving badly are proof positive we need to look at the details on that. >> we have enough. we have enough. we have enough. >> okay, one at a time. remember all the financial regulations, we had before 2008. we've got to move it ocoming up with our panel, thanksgiving is a satisfying time for our bellies, and can a bear make money in a bull market? we've got one who did, liz? liz: with stronger than expected gdp revisions of 3.9% could that influence the fed's rate hike time line. anthony scaramucci on how you should invest the first quarter of next year. and getting ready to travel

for thanksgiving feast thursday? an impending storm is coming. we'll outline it for you next. stay tuned. four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends. three jobs. you're like "nothing can replace brad!" then liberty mutual calls. and you break into your happy dance. if you sign up for better car replacement, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. see car insurance in a whole new light. liberty mutual insurance.

they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment begins with the cloud. this is "titanfall," the first multi-player game built and run on microsoft azure. empowering gamers around the world to interact in ways they never thought possible. this cloud turns data into excitement. this is the microsoft cloud.

♪ ♪ liz: fox business alert, a winter storm heading toward the east coast getting closer and closer. could it foul up thanksgiving travel where you're going. fox news senior meteorologist janice dean, where are we now, janice? >> reporter: liz, it's going to be the e-95 corridor -- i-95

corridor all day tomorrow. if you can get your travel plans in today, tonight or tomorrow morning, that would be a good thing. just want to show you the current temperatures along the coast, that's ahead of a cold front that's going to move in, and the timing of that cold front is going to give us the potential for either rain, a mix of rain and snow or all snow events. so, yes, we're going to be into a now casting situation where we're going to be upping those totals or bringing them down, so stay with us, of course. here is the low pressure area that's going to form off the coast. we have a frontal boundary, the potential for hail, heavy winds, even tornadoes across central florida, and then as we get into wednesday, we're going to start to see this coast aloe develop. rain and wind are going to cause delays along the i-95 corridor, and in case you live across the west or even the midwest you're thinking, oh, not going to affect me, yes, it will, that's going to cause ripple effects if

we have delays. along the coast, rain mixed with snow. the interior sections we could get 10-12 inches of snow depending on where that cold front is and the cold air behind it. thanksgiving looking good for many of us, but a lot of snow left behind especially across new england, interior sections of the northeast. winter storm warnings now in effect in the areas that you see pink and, again, interior sections 6-10. new york city, we could easily get 3-inches -- 3-6 inches, boston, 3-8, and again this time tomorrow, liz, we're going to be doing a thing called now casting, that means forecasting in the moment because this is going to be a tricky one. pack the patience, as they say. back to you. liz: she's got her degree in meteorology, janice, thank you very much. david: pack the patience, i love that attitude. well, the holidays don't just bring cheer, they can also bring great returns for your portfolio. we're back with tracy, rick and jeff. jeff, you know this theory that

perhaps buying just before a holiday could enrich your portfolio. true or not? >> well, you know, there's a lot of data out there. i think broadly speaking it is true that this time of year is a little bit stronger than the rest of the year for stocks, but, you know, one of those things about assuming, if you just assume this year's going to be like every other year with seasonality, you could be wrong. 2014 is looking really good for reasons not related to seasonality. so i think broadly -- david: you have some specific stocks you think will do best. go ahead. jeff. okay. >> oh, yeah -- [laughter] david: or not. we have a slight delay. go ahead. >> this time of year i think it's really important to look ahead, and one of the biggest trends we have going on in america is the graying of america, the aging of the boomers that are out there. i think health care is a durable trend that people can invest in

now, i'm looking at hdp that deals in senior house, i think ood long-term play for the dividend. david: tracy, is now a good time to buy? >> if you're a newbie, i wouldn't be trading this market. nobody's here. the city's going to be empty in a couple of hours, right? david: that's true. >> but you still have to be in this. december's historically a great month, so don't be scared off by the global headlines, i think the market's still going. david: rick, tracy brings up a good point, a low-volume market very often is most dangerous because it doesn't take much to change a stock's value. >> i agree with tracy, but that's not the way i trade. i buy things, i sit on them. david: so is it possible to be a bear in a bull market and still make money? "the new york times" had a piece suggesting that you could, in fact, focusing on one hedge fund that's done exactly that, tracy. >> look, david, i think this is dangerous territory for people. i mean, god bless them, he did this, but for people to go home

and think they could do this back door way, you know what? you go tried and true like rick was saying, buy for the long haul, stuff that has good earnings potential, stuff that you see trends. he said the graying of america, i was thinking i needed to do my roots -- [laughter] but that being said, look at what you know at home. invest that way. don't try to get on a fast moving train. david: okay. but we just saw the record of universe, rick, and they did pretty well. >> tracy and i, want to point out, agreed on two out of three things today. >> that is so scary. [laughter] david: jeff, can you make money as a bear in this market? >> i mean, some people can just like you can make some money being a bull in a bear market, but let's not go play in traffic, right? there's few people who can do this, and it's true to say there's an elite class that can do well in any market. most of us aren't elite. buy an index fund, sit on it for 25 years. david: good stuff. jeff reeves, thank you very

much. again, forbes on fox every saturday morning at 11 a.m. and tracy byrnes, thanks, trace. liz: and rick's a buckeye. ohio state, all the way. the u.s. economy grew at its fastest pace since 2003 during the spring and summer months. what's behind that robust growth? next we're talking to anthony scare knew chi. plus, childhood staple campbells soup posted strong first quarter earnings after making changes to its product lineup. up next, we're speaking exclusive fly to the ceo and president about how campbells plans to keep this momentum going. it's the power of soup. ♪ ♪ how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price,

we understand the connections of a complex, global economy. it's just one reason over 70% of r mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision,

or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial.

♪ ♪ david: great news, the u.s. economy grew at its fastest pace since 2003, that after a stronger than expected gdp revision came out today. liz: finally good news, right? really good. what led to the stronger number, and more importantly, how should it influence the fed to raise rates sooner rather than later? joining us now to tell us how to invest is skybridge founder and fox business contributor, anthony scaramucci. a good number like this, it push

the fed's calendar? >> you know, i don't think so. i'm going the take the opposite opinion. actually, i think the fed's going to take a much slower approach than people predict. we stripped it up earlier today about 83 basis points of that number is still in the nonrecurring military side of things, and so when you boil it down, liz, it's about a 3% number. that puts the united states in a statistical recession. what do i mean by that? 2% productivity growth, about 1.1% demographic growth. if you add those two numbers together, that's 3.1%. we have to grow at that number just to tread water. david: nobody understands that more than i do. i've been saying this is not enough to get the kind of employment we need, not enough to get the green sprouts, but on the other hand, there's something clean about this number -- >> better. david: -- it's not based a lot on the phony stimulus stuff. >> no question. david: in fact, government spending as a prosecutor of this

number -- percent of this number is down. >> now i'll take the other side. there'll be higher retail sales numbers reported through the first quarter. you asked me about sectors, i would take energy the fist quarter given the debacle there being a contrarian, i would take the retail side of things -- david: by the way, what on energy would you go into? >> the stuff i like are the mlps, any of those -- liz: master limited partnerships. >> etfs that have high dividend yields that have been absolutely hammered over the last six months. great investors look for opportunities like this. we want to be buying things when other people are selling them. liz: wouldn't that mean europe perhaps? isn't there an opportunity -- >> tell you why we do not like europe, laced into europe is some deflation. laced into europe is a confusion on the government side as it relates to the fiscal integration of their policy. so skybridge has been avoiding europe right now. we actually think it's going to grow slower than people expect. so the u.s. is basically the

best place for your money right now. those numbers, to the david's point, they're good numbers, they're just not the great numbers that the fed needs to start moving to normalization. david: there is another number, though, and that is the number of the dollar itself, the value of the dollar's increased so much, so quickly, it must be affecting investment somehow. how do you work that into your portfolio? >> do you like the dollar's increase? david: i'm always a strong dollar guy. the problem that i have with the strong dollar is it's not necessarily for the right reasons because everybody else so lousy, because everybody else is getting into qe just as we're getting out of qe. >> i think one of the problems all of us are having as investors, we're looking at the world from the old historical paradigm. david: great point. >> if you accept what we've accepted at skybridge, that there is excess supply of goods and services in the world, and we've onboarded now 2.5 billion people into the western capitalist experience, look at the paradigm from that perspective.

that's how janet yellen looks at it. and we see some deflation out there. if you look at it from that lens, you won't be super worried about the dollar. a lot of people are surprised, but ben bernanke said is -- said this in tokyo six weeks ago, a much stronger dollar is way stronger than the gold bugs expected. liz: okay, so you've made your investment suggestions to our viewers. is there a little corner of the portfolio where you can play a riskier bet? i remember years ago you would say, liz, look at china and look at how many more mouths they will be feeding, go into baby formula -- >> agriculture. liz: exactly. >> that played out as they started moving away from rice-based products into chicken and more protein. we made a lot of money in the agriculture play. liz: so what's the play now? >> i think the play right now is probably in the biotechnology sector. liz: okay. >> i think that's where you're going to see some spectacular new things happening. i went to a seminar in silicon valley called sing lairty university. if you saw what i saw, you can

see the future, and the future is them digitizing your genome, delivering drugs to you that are more efficacious and have less side effects. and so you could own a portfolio of biotechnology stocks, but make it small because we like value investing, and we like doing things that are going to grind it out. we want to be the turtles in life, not the hares. david: new paradigms, that's what anthony's all about but also in the way the fed sees things. >> the world changed, david, whether we like it or not. the world has changed, and we have to look at it from that point of view. david: anthony scaramucci -- >> happy thanksgiving. liz: campbells' soup business soaring as the company makes changes to its iconic brand lineup that people seem to like. a fox business exclusive, we're speaking to the ceo and president about how the company plans to reshape the changing pace of consumers, stock is up 15% year-over-year. david: also we have the number

one thing to watch tomorrow, and someone who says it could potentially take a bite out of gdp. both sides of this issue coming next. >> hi, everyone, i'm gerri willis. coming up on my show at the top of the hour, a slip-up or a cover-up? honda under investigation for failing to report nearly 2,000 deaths and injuries. that's just one of the big consumer stories coming up on "the willis report" in just a few minutes.

♪ ♪ liz: chunky cheeseburger soup, i love saying that. one of america's iconic food brands is thriving after announcing plans to revamp its business. they took the ball and ran with it. campbell soups' first quarter results showed it, topping estimates with profits soaring 36% year-over-year. what's boosting sales and what do they do for their next trick? joining me now, denise morrison, campbells' soup ceo and president. as we head into the thanksgiving weekend where everybody uses a can of soup somewhere in their recipes. denise, you've been with us from when you first took over the company and made some real changes. what do you think played out the best? >> well, thank you, liz, for having the discussion. we are so excited about the new products in premium soup that we're introducing, and we had a great quarter on our slow kettle soup which is the dinner soups in tubs, and we're going to be

introducing a campbell organic soup in january. liz: campbell organic soup. and as we look at what really worked this time around, your simple meals including soups and pastas, that had a nice move of 8% to the upside. i'm looking at that, and i'm saying do you do more of that, or do you start to find different things to do for the business? >> well, you know, it all starts with the consumer, and we have been paying attention to the changing consumer, particularly two cohorts, the baby boomers and also the millennials. and so our new product innovation has been designed to satisfy their tastes. liz: in 2013, and this is what i want to point out to our viewers for those of you who don't remember, denise said, look, we're going to come up with stuff for millennials. so goldfish, we'll make them bigger for teenagers and tweens. obviously, that worked. you had some 200 product rollouts, and i'm sure some fell by the wayside.

what really worked? i'm thinking about the chunk key cheeseburger soup, but what else was a real winner? >> i think our campbell's dinner sauces were a real winner. we started with skillet sauces in a pouch, and then we introduced slow cooker sauces with the insight that 85% of households owned a slow cooker, and they only had three recipes. so we came out with a line of sauces designed for that appliance. and this quarter we introduced campbell's oven sauces, and we're really excited about that. that's now at about 50% of stores and on its way to our goal of 80. liz: let's talk about weather dependency. we just had six flags, and they're trying to have a holiday rollout of a different type of experience so that people come not just in the summer. soup, how dependent is it in the sales on really cold weather to get people in that cozy, let me heat up a can of soup sort of mentality? >> well, you know, we don't

comment necessarily on the weather impact, but, you know, intuitively it is nice to have a great bowl of soup on a cold day. liz: yeah. i would think so. let's talk about foreign exchange rates. we were just talking with anthony scaramucci about the strong dollar, and generally it's a good thing for a strong currency here in america. but you guys have had to trim some of your forecasts because you take into account how a strong dollar would really affect your business. can you hedge around that? what do you do for your business to make sure it's a good thing and not a negative? >> well, we've had an impact from currency translation, particularly in the canadian currency and also australia. and that's affected our sales by ability a point -- about a point if, in fact, it stays at those rates. so we are watching that very closely, and we've taken that into consideration in our guidance as well. liz: you run a lot of different

brands -- pepperidge farm, plum organics, swanson, spaghetti-os, and i look at the competition out there, and let's just keep it to soup at the moment. annie's is coming out with soups, a lot of stores are coming out with their own generic brands. how do you stay ahead of the competition? you've done well so far, denise, i'll give you that. but what next when it comes to jumping ahead of amy's and pacific and the other names out there? >> well, we believe that it definitely starts with listening to the consumer. liz: right. >> and our, our two segments that are really on fire right now are our broth segment because homemade soup behavior is up, and we have with our swanson broth a great digital campaign, we call it a digital ecosystem where we provide recipes, we've moved swanson from a product, from plain chicken, vegetable and beef broth into flavor unfusion. so we are really -- infusion.

so we are really satisfying consumers in a much bigger way with broth for their homemade behavior. in addition, as i said before, our premium soups are up significantly. liz: it's an iconic brand, and we love to see it doing well. denise, keep us posted. thank you so much. >> thank you, liz, and have a happy holiday. liz: oh, happy thanksgiving to you and the team. denise morrison. david: it is time for the number one thing to watch. we're bringing back jeff reeves, jeff, we were just talking about the weather. you think that's the number one thing. >> yeah. that's what i'm watching for two reasons. number one, i've got to get in a car with my two daughters and drive to northeast ohio, which is going to be fun. [laughter] number two is i don't think people can discount the impact weather has on the economy and the stock market because there's a lot of money that goes into municipalities clearing snow. it can have a real impact on business productivity, so i'm watching it for this week and also really important going forward. energy prices are low. it's going to be nice if they

stay low, but if demand is high, that could change, so i'm really watching the weather right now. liz: watch out for the next polar event. david: jeff is not the only one watching the weather. we're all aware of that. meanwhile, the "the willis repo" is next. ♪ ♪ gerri: hello, everyone, i'm gerri willis. did a major automaker break the law and then try to cover it up? honda admitting it failed to report more than 1700 injury and death claims over 11 years. but the automaker is blaming the major lapse on computer issues and a misunderstanding of the law. here to weigh in, doug drawner, the car -- brawner, the car czar show host. thanks for coming on the show. so i look at this, the actual number, 1,729 failures to notify the government, and i think is this a colossal oversight? or is the company claiming this is an even