tv After the Bell FOX Business April 14, 2015 4:00pm-5:01pm EDT
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conocophillips a leader. [closing bell ringing] chevron, exxonmobil, halliburton as well on the news. you can hear the bell ringing guys. david: the bells are ringing on wall street. let's look how it is all working out. pretty much positive day for the dow jones and s&p. but the nasdaq could not pull it off. certain stocks really pulled down the whole index. russell 2000 down a tick. but the dow and s&p is where people a lost traders were looking for some guidance. you had to see that energy once again looks strong. what did you see? crude oil moving higher. energy names moving higher. that helps the s&p. looks like we're above the 2090 level. we're watching it right now. "after the bell" starts this second. >> yes we see green on the screen. we see green with a guy we wanted to bring to you right off the bat.
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a big moneymaker. jordan speith, at the age of 21, you know it, he swung his way into the record books winning the masters tournament to claim his first green jacket. david: more than just his golfing ability. and there is no doubt about that. he is also well-spoken, humble family man. could be guy to rev up the business of golf. with us, jordan speith, masters tournament president. pleasure to see you, to shake your hand. >> appreciate it. thank you. david: one of the things that amazed a lot of long-time golfers your compose sure, age of 21. you didn't have a easy go of it. doing extraordinary. last couple holes were tough. you kept composure in face of enormous pressure. that is usually something you develop with age but clearly when you look what you did on 18th, for example, getting it right on the green after a so-so shot. >> yeah. david: how do you keep your composure during the tough times. that is something you apply to
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anything? >> i think, normally takes years for me. any experience is good experience. last year at masters i was in the final group. i had the lead. lost it to bubba. didn't have enough patience. tried to learn from that. david: that you were 20. now old age of 21. >> now a veteran, right. i took any experience that i had. i tried to apply it to that golf course, a golf course i love and know. ultimately create ad dream come true scenario for me. liz: what has this last couple days been like for you? >> it has been crazy. liz: you're running from network to network. liz: so glad you're here. >> excited. weathathathathe
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david: they expected to you break all these records? >> i think so. liz: there are laundry list of names in support of you well before this. everybody from netjets to at&t. as we look at under armour, i think somebody counted, 16 logos on your belt and jacket and shirt and hat and everything else. on your bag. what did it feel like they came
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in before you were a masters winner? doesn't that say something about under armour and does their dream become nike's nightmare? nike of course supporting tiger woods. not putting you in the position to say anything negative about another golfer. this is great for under armour but also for you, they took a shot at you. >> when i came out of school i didn't have any status anywhere. they took a chance. i wasn't even on the pga tour. they took a chance, signing me, really just a gamble. with that trust, allowed freed me up to play my game. wear stuff i was comfortable with. play the equipment i already had and ultimately not have to worry about anymore, anything else to adapt too, when i was already moving into the real world. so it made it a lot easy forefor me. it was very easy decision for both of us to extend. it was something we had expectations for, a long time ago. and, yeah, just couldn't be more excited about the partnership. it is great for both of us.
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it's a team win, it really is. david: when we were talking about your composure, i couldn't help but think of all the family that came out to greet you. even your grandfather was there. he gave awe hug. >> he said he was last. david: yeah, well, as you say, last is the most important. >> that's right. david: did that have any part to play in your ability to keep your concentration, knowing that your family was backing you the way they were? >> yeah, sure, definitely helped. i know my mom would be nervous. they had come to a few events. they hadn't been to one i won yet. it was great first one. i walked up to the 18th hole, i knew i was going to win, saw them behind the green. a great feeling to share that moment. david: use that energy to help you? >> i could definitely use it the whole week. felt like i was at home. felt extremely comfortable from the get-go. that doesn't happen very often. liz: what has your phone been doing? >> going off. liz: with more people who would like to sign you up for
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endorsements? >> that goes through my manager. we haven't had, i haven't had time to talk to him much about that yet. certainly open to new opportunities and, i'm enjoying the whole business side of golf. and, my world as well. >> should be watching fox business to invest. >> that's right. david: we'll tell you what to do with your money. i wonder what you do with the rest of your life. you're so young. you have to be focused just on golf now? have you thought at all what you might do after golf? >> you know, honestly i think, something, people that i look up to like ben crenshaw, i like what he has done after his career, which is course designing. i think that would be really cool. liz: jack nicklaus did that too. >> exactly. a number of golfers. tiger has gotten into it now. i think that would be something i would be good at. i think something i would be interested in, great time traveling the world, finding cool pieces of property to mold them. liz: anything you can do to give golf an image that isn't one for
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just the wealthy. that has been a problem. >> sure. liz: skiing, it is very expensive. per capita income for most golfers is positive $100,000. is there something you would like to do as an ambassador? >> there ace great program with the first tee. what they offer, they're spread out all over the country. they give households maybe not at the highest level an opportunity for their kids to get out to enjoy the game, grow the game. i'm supportive of that locally and nationally. as are a lost pga tour players. this is an organization that is incredible. organizations that are like that, more coming up doing the same thing. the fame is growing. it is in a great place now. i'm happy to be part of it. david: you mentioned nicklaus and tiger. you didn't mention arnold paul palmer is your favorite. >> he is the king. he did golf to bring in golf from a great age before with guys like ben hogan and byron
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nelson. he transitioned into the jack nicklaus era, into tiger and now. i mean he just did probably more for our sport bringing golf channel around and bringing international following than maybe anybody. liz: jordan speith, maybe they will have lemonade drink after your name. >> try to develop something. david: set of golf clubs. congrats. >> great to have you here on fox business. >> great to be here. liz: good luck. david: that was fun. get to today's market moves which were fun. dow and s&p ending higher on heels of retail sales, showing some tunes of -- signs of life with earnings from jpmorgan. but some sales figures were not so good. what is ahead? we have adam who will tell us if this market has upward momentum. john trainer from peoples united bank will tell us two stocks he is telling his clients to buy and larry shover in the pits of the cme. larry, what do you think, we mentioned the retail numbers in
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sort of passing. did that give you an indication how the earnings might turn out? >> maybe a little bit. what it did do, keep the market from resilient to maybe more rebellious. think of all the headwinds we've seen today. norfolk southern came out with a huge warning. fx headwinds out of johnson & johnson. well fargo, jpmorgan, lowered expectations for net interest margin, net interest income. then we have retail sales, as you said, the first up tick since november but well below consensus. on top of that, february inventories up greater than expected. the market is shrugging its shoulders, acting very rebellious if we continue to rally, because on relative basis the market continues to be a buy based on everything else going on in the world. liz: we want everybody to know we're 90 seconds away from the spacex launch supposed to happen yesterday with the dragon capsule. the second that happens, we'll interrupt you.
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adam you like certain names. linkedin, jpmorgan. is there a common thread at a time the market seems to be a little iffy? >> absolutely. first off the market remains strong. we're in strong bull market. we're six years into that bull. so it is aging by any definition of a normal bull market but we're still in a bull market. pullback are shall dough in size and scope. every time the market pulls back from record high, buyers step in to buy the bounce after the dip and that is a very, very strong sign. with respect to jpmorgan, they're one of the strongest financials out there. a great proxy for the overall economy. facebook and linkedin are social media giants. people love to be social and share. that is a great place to be. david: john trainer, general electric had a field day, when it decided it would pull out of the banking business, a lot of stock buybacks. the stock was way up. today it has come down a little bit. i'm wondering is it a buy now, hold on a second, we have the launch coming up. here it goes.
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this is the spacex liftoff. >> liftoff of the falcon -- david: what is extraordinary about the launch, not only what they are going to do but how they are hoping to retrieve the missile that launched capsule up into space. they will retrieve it a extraordinary way, liz. liz: in fact there is a floating platform out on the water. they're going to attempt to once the delivery is made, to capture that rocket back on that platform. one in a million shot here. the first effort failed, but hey the wright brothers failed over and over again. this is the sixth spacex resupply mission. it is carrying 4hundred pounds of food and supplies, mice for experiments. heading to the international space station which the spacex developed dragon capsule which will eventually carry out humans. david: once they succeeded putting this thing into space, looks like they're about to, we'll keep you updated whether
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they nailed recovery. if they don't nail the recovery, they will have trouble making money from projects like this. they have to recover the launch vehicle. they will try to do it. maybe we do big screen, little screen as we go back to our guest. i want to john about ge. john, we may also see a little bit of spacex. we may have to break in depending what happens there. go ahead, jon john, talking about ge. >> the key issue when we talk to our individual clients and talk to our institutional clients, they're all looking for income and they're all looking for growth. ge is a stock we owned for several years for those two reasons. we're looking for income growers, not just the high income, utility stocks and real estate investment trust receipts reit. s. we want good cash flow and earnings. so ge hits that. we've owned ge for a while, we would be buying it today. we like ge quite a bit. liz: i hope you thought that
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couple days ago. it had a pretty nice move and lost some of those games. we talk to larry shover, we watch the spacex rocket. a couple things have gone parabolic last couple years. s&p 500 has been triple digit percentages last couple years, at what point do we see a crushing 10% cutback or any kind of correction of a bigger magnitude? >> yeah i think we'll see that when we see the yield curve shift which is not going to happen anytime soon. or when we see the economy digress which it is not. we're in the midst of a expansion. that said it will not continue to grow as fast as it has. the stock market gains we've seen over the past three years i don't believe will continue unless valuations of companies continue to increase exponentially which we do not see. there is only so much liquidity chasing these equities right now. right now money is going to china and europe, given the fact
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that when you have quantitative easing especially in europe, they're doing exactly what we did a few years ago. david: some people -- hold on a second. adam, go back to you. talk about banking for a second. "wall street journal" had an interesting piece saying they have negative interest rates in europe causing all kinds of disruption. isn't banking a very dangerous situation right now because it is so far removed from the fundamentals because of negative interest rates? >> i take other side of that trade. it is bullish situation for the financials in general. >> why? how do you make money with negative interest rates if you're a bank? >> easy money from the global central banks sloshing around the world. it will end badly. until it ends you can't fight this very strong tape. that is really what it comes down to. it is all about the easy money from the fed and other central banks. liz: great to have all of you. at the same time we're watching the spacex rocket continuing to charge up through space at the moment. it did separate from its other portion. we'll see what happens if they
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can land. david: if they get that booster on that little platform and able to retrieve it, that will be a big boost for spacex. they will make a lot of money. hillary, jeb, mark, rand, cruz, the list of candidates continue to grow on the republican side. there is only one on the democratic side. with all these republicans running, particularly hispanics will that give hillary a run for her money? we'll see bait that coming up. liz: big banks reporting earnings. is it time to buy the sector or are there still too many headwinds for industry? a big bank battle ahead. stuart: you heard comments from jordan speith. how do you talk about the companies he is endorsing? we have places for your portfolio coming next. le with, i'd steer clear.
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david: well another hispanic entered the race for the presidency this week. and for the second time in as many days it was another republican. so is the republican effort to break the democratic control of a younger, more ethnically diverse base going to work? dan clifton, head of policy research at stratagys. he joins me from washington.
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good to see you. marco rubio, ted cruz, two hispanics. are hispanic voters going pay attention to that the a all? >> i think the presidential election will be multistep process. the first is republican primary. the latino vote is not a big part of the republican primary. it gives them an edge to those voters in the primary election. where you see bigger impact on latino vote will be in the general election. i think it will be very hard for republicans to win the general election without winning 40% of the latino vote. having a marco rubio who may attract more latino voters than traditional republican candidates, mitt romney didn't do well in that category 4 years ago, time will tell. voters care about the jobs. they want to know who make their families safe. both the republicans will have to make that case first before you get that politics. david: 40% they won't win? that is almost impossible. what percent did they get last
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time? >> if you look at electorate, if you look at he electorate in united states, in 1984 ronald reagan won 49 states. david: dan. we don't have much time. the last presidential election where obama was reelected, what percent of the hispanic voted -- >> got 20% of the vote. republicans got 20%, can they really double that? >> i think so. if you look at hillary clinton, you know, she is a very strong candidate. but democrats have been, the democrats have been in office for eight years. very tough to win a third term, particularly everything going on with foreign affairs. it is bigger than identity politics we're discussing, talk about the young people. >> sure. david: hillary was speaking to a group of young people. she thinks she can get their vote. a lot of them have seen their life not improve at all under democratic administration. a lot are living at home, getting minimal pay. >> that's right. david: is that something republicans can exploit?
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>> that is the big headwind for the democrats, there is not much of a change in the policies that hillary clinton will put forward than what president obama has done for the lags eight years. hard to make the case income inequality is so bad. you were in charge for eight years. what have you done about it? they will have to figure out a way to overcome that type of headwind. in particular talking about young voters, this is all they know coming out of college. they're looking for something new and different. you can see that in the rubio announcement yesterday. he was very strong in talk about these are the policies of the past that he wants to move forward. david: right. >> i thought it was an interesting message to be carrying forward. i think he will get additional momentum out of that. david: there is another headwind to hillary clinton. >> yeah. david: we addressed that yesterday. the charge that she is a crony capitalist. she is in the pockets of wall street guys and gals and she is actually taken a lot of money from corporations to whom she will feel indebted as
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president. ralph nader, who represents, is an old guy, but has a lot of sway in the progressive movement. we asked him about this crony capitalists charge. here is what he said yesterday. is hillary clinton a crony capitalist? >> for sure. when she was a senator she didn't challenge any corporate welfare boondoggle. there are dozens of them. as far as the obama administration, certainly hasn't done that. and, her years in new york have just turned her into a dyed-in-the-wool corporatist and mill at thattist. >> is that a problem she will have to overcome, dan? >> you see it already. she has been in this race for three days. everything she is talking about is the opposite of that charge as a way to overcome that liability. she is going to love raising money from people at goldman sachs and wall street community. at the same sometime she has to -- time she has to win over the elizabeth warren part of the party. hillary will look very uncomfortable trying to straddle the both sides of the democratic
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party. republicans have a lot of democrats and they're divided. there is big issue over the democratic party, referencing how friendly democrats should to be businesses and crony capitalism. david: dan, thanks very much. good to see you. appreciate it. liz? liz: retail sales rising for the first time this year. which stocks should you buy right now? our all-star panel has some picks that might surprise you. we're not just talking mall stores here. famed billionaire larry fink says go long. the blackrock chief is telling fellow ceos to give up on instant gratification and in a way, the underlying message, turn your back on the activist. is he right? don't go anywhere.
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after-hours trading following the first-quarter earnings report. intel forecasting a 3% jump in current quarter revenue on expectations for stronger demand for its pc chips. gold falling into the red. the market's lowest sellment of the month. precious metal dropped to end the day at $1192 an ounce. oil closing at highest level in one week on talk of a potential output cut from opec. crude closed the day up 2.7% at 53.29 a barrel. liz. liz: with our panel, get ready, retail sales up for the first time in four months. which stocks should you shop for? plus should ceos stop being so nice to investors? it is not just jordan speith can profit from the masters but first, morgan stanley telling clients to boost their proportion of bank shares for the first time since the financial crisis. should you take stock in banks or are they still too expensive? we welcome our panel. rob frost, brian sozzi and
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phil flynn. great to have all of you. rob, right off the bat, are bank stocks becoming safe again? >> certainly looks like it. if we look at banks going back to the fake of the market back in 70. -- 07. banks are down 21% while the s&p is up 56%. if we go back to 2009 banks have had quite a run, up 330%. perhaps a lot of investors have missed out what is really great run-up in banks. what adam parker's remarks were very well-taken in that banks do very well in time period where the dollar is strong. so we think that he is correct in that. we kind of like banks right now. liz: well, look, brian, you have jpmorgan figuring out how to finally make money on fixed income atmosphere. these are smart guys at a lot of money center banks. >> i, merger and acquisition activity, they rake in a lot of fees from consolidation going on
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through throughout a lot of different sectors. at end of the day banks are utilities. i don't want my money tied up in utility type stocks. high legal fees, 500 million. liz: maybe in the rear view mirror? >> these are large numbers depressing earnings. as investor i can't get clarity how much more legal costs jpmorgan will have to incur. liz: or any of the names. phil, do you like the banks here? >> i love the banks here. you can take it to the bank. all the reasons they mentioned were very, very good. another reason we're in rising interest rate environment. these banks will be able to make more money off of interest, and that's good thing. they will be able to charge more interest. another thing in that environment, some other spots are not going to do as well. as you mentioned banks have underperformed. if we get higher interest rate environments, banks will look better in comparison to those with higher dollar and interest rates. liz: we get bank of america thursday and citi and
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goldman sachs. watch out for that. if you're not hot on financials, how about retail? u.s. retail sales seeing biggest monthly gain in a years. which stocks should you shop for? we're not talking about basic retail. there are auto names and restaurant names, so brian, you get to go first on this one. >> what consumers are not buying apparel. they have consistently said over last four or five months we don't want apparel. they want services. domino's pizza is hot. apple watch. new delivery car that is futuristic and cool. i've been told 100 will hit the road in the fall. which is pretty neat. foot locker. everybody buys sneakers. they benefit from the war at nike-under armour. liz: if you wear yoga pants, you need sneakers. phil, what name do you like in this space right now? >> everybody talks retail, we think costco, prada, we think the high-end. what about gasoline prices and
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mcdonald's? those are my two big things, believe it or not. gasoline prices are low. everybody has to go to the gas station all the time. they will have more money in their pockets. take a look at marathon and those that own the convenience stores. people likely to spend money when gas prices are low. mcdonald's, this is stock beaten up. it has been battered, tighter. it has been smashed more than an egg mcmuffin at bottom of your bag but it pay as good dividend. with all the extra money it should bottom out a bit. >> you make a good point, phil but mcdonald's has fundamental issues with the business. the stock market is not appreciating. the stock is up because activists attacked the company. i see another negative month of u.s. i am a buyer of shake shack. liz: that could be a fluke. >> there you go. liz: shake shack had a mice move today. with our panel, from golf clubs to country clubs. you can turn the sport's popularity into a profit. which side do you buy?
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david. david: warming up to havana. the administration making a earth shattering policy shift with cuba. days after president obama rubbed elbows with raul castro. former u.n. ambassador john bolton is ahead with answers. you won't believe how much obama care drove up spending on prescription drugs last year. the staggering totals coming right up. ♪
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liz: this was interesting. blackrock ceo larry fink sent out a open letter to ceos of the nation's largest companies saying they are doing their business as disservice by returning so much money to shareholders. is he right? we're back with our panel. brian sozzi, he is ceo. rob frost. phil flynn, senior market analyst of the price futures group. i think what he was saying though, phil, is stop getting pushed around by activist who is tell you, give do share buybacks an increase dividend and all of that, instead of going for long-term gains. >> i think that is true in a lot of cases. listen, there are some companies that don't deserve to hang on to the money. because once have it they squander it. companies notably apple, which is perfect example, used their strong capital base to really
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expand the company, use it on research and development, make smart acquisitions. so they are a company that deserves it but i think a lot of companies their business environment, they hit a certain point there is no value in keeping that money. it should go back to investors. it depends on the company. i think he is right. you can't allow the market to dictate how you run the business. liz: rob, i'm going to read awe quote from this letter. we take a long-term approach to creating value. we have done so in response to acute pressure growing with every quarter forecompanies to meet short-term financial goals. you see is requires corporate leaders engage with company's long term providers of capital. you must resist the pressure of short-term shareholders, activists, to extract gains. it goes on and on. rob, what do you think? i talk to ceos all the time say they have activists breathing down their neck and, do a share buyback, sometimes they do and nothing happens.
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>> i do agree with mr. fink. blackrock has a dog. they hold on to assets longer than most fund companies. we preach to our clients all the time staying invested in long term. investors and investor activists pushing companies to pay all of their money out in dividends. what does it say about a company's long-term vision if they're paying all money back out in stock buybacks and dividends? to what your guest says, there has to be a happy medium. liz: brian, buffett says he hates activists, they just want to get in and get out. sometimes they don't. they're in for the long term. what do you say about mr. fink's letter? >> i get angry. i hate stock buybacks and announcements. i hate what they represent. weak function of boards of directors of company. directors don't understand the companies. they have cushy relationships with the executives with share
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targets. i want companies to invest in their future. eastern willing to take a short-term charge, break off bad positions to position the company better for the future. >> amen. liz: amen to mr. fink. from golf clubs to country clubs. what are best ways you can actually capitalize on recent up swing in golf's popularity, due in large part to jordan speith's game? phil flynn? >> you know, under armour is company everybody is talking about. only sure way to make money in golf is bet against me when we play. that is the easiest money in golf. i think when you look at the big picture, listen this, guy is great for the sport. there will be so many dynamics coming out. he is creating excitement we haven't seen in a long time. if he wins a few more, look at different companies that will benefit. people will be taking golf course lessons. liz: there are reits -- >> golf will go through the roof. liz: real estate investment trusts only buy golf clubs.
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not talking about the things you hold in your hand and clubs themselves, brian, callaways. >> i go with dick's sporting goods. golf business was not good but it bottomed. warmer weather months it picked up in the first quarter. that should get better with tiger woods. he had come back quarter. new nike clubs came on the market. that will boost sales. dick's sporting goods has clothing. >> nike with the golf shoe coming up. do you have a pick? >> my pick is jordan speith. if he were a stock i would buy him manana. over half of the players in the masters were international players. over last few years golf courses have taken a beating i'm excited about golf right now. i'm excited about companies really in that business. can you imagine, in the boardrooms on monday morning of nike and under armour, how excited they must have been having jordan and rory and tiger, justin at the top of the
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leaderboard? what amazing weekend. i'm excited for golf. liz: that is when you give props to under armour, they slapped their logo all over this kid well before he ever won a big tournament. interesting move. good to see all of you. brian, rob frost, phil flynn for our panel. david: paying more for your prescription drugs? you're not alone. we'll tell you what a new study found out about the price of your drugs. you will not believe how much they have gone up. president obama meeting with iraq's new prime minister, promising to help wipe out isis. russian chief vladmir putin promising to send missiles to iran. and the state department we just found out is promising to take cuba off its terrorism list. is the market really priced in all the risk from a world that looks like it is getting a lot more dangerous? we'll ask former u.s. ambassador to the united nations john bolton. ♪ you owned your car for four years.
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"what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do.
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prescriptions were filled last year. this double-digit spending rise, well it was primarily caused by surge of newly insured people from the affordable care act along with price increases in brand name medicines, new generic medicines out on the market, and the demand for new cancer, multiple sclerosis and hepatitis-c treatments. david: you may have seen this. this just happened. the obama administration continues overtures to communist cuba. the state department decided to remove cuba from the list of state sponsors of terrorism. reaction from john bolton, former ambassador to the united nations and a fox news contributor. what do you think, ambassador? >> i think this is a big mistake. i think cuba has been a big state sponsor of terrorism. remains so in many respects. the president is pursuing idealogical agenda here. he will not get to full diplomatic relations to cuba, until he removes cuba from the list of state sponsors of terrorism. what this action does take any meaning away from that list at
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all. if it is not objective, if countries are put on or taken off for purely political reasons, you might as well not have a list at all. that is what he is doing. david: a year ago i'm looking at article that talks about the nexus between cuba, venezuela and iran. iranians have been making overtures to cuba, venezuela and nicaragua which have radical, anti-u.s. governments going on. is that nix sus going on and or has cuba stopped it and justifying the removal from this list? >> no, no. they're very much involved in it. the problem for cuba that precipitated all this, the collapse of international oil prices. subsidies in effect that venezuela no longer to give. i think iran will try to move in to take the place of venezuela in that respect and strengthen the ties of iran has there for all kinds of other reasons -- david: hold on a second. you're saying it is getting worse? the relationship between cuba and iran is growing to grow as a
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result of iran giving cuba more oil? >> right. i think, i think the turmoil in venezuela, which very much threatens the maduro government, gives iran an opportunity to use its oil as a weapon, as an inducement all around the world. i think cuba has been key dependent on foreign oil subsidies since the days of cold war. david: two other subjects quickly. vladmir putin selling these missiles to iran. there was one time when the obama administration said, that was a line in the sand. we can't allow russia to go there. well apparently it is going to happen. >> this is the biggest news story this week. forget the legislation in congress. forget all the rest of this. sending s-300s to iran when fully deployed and operational, will make it essentially impossible for israel to conduct a preemptive military strike. that is why the obama administration is objecting. they don't want this to happen anyway. this is thumb in the eye by
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putin. accompanyied by deal to exchange goods for iranian oil. another thumb in our eye. this what it makes when you make a deal with iran. david: will this hurt democrats that will insist approval for any kind of deal? >> i think the bill passed out of the foreign relations committee today was unanimous after further concessions to the administration. this bill is the not issue. the issue is what happens when the deal gets made and then obama tries to release the sanctions on iran. that is when we'll see if the democrats stick with him. which i think they will do. david: very quickly, deserves more time but we've run out of time. muslim terrorists are continuing their ethnic cleansing of christians in the middle east. either killing them all or forcing them out. and yet the administration won't use the word, christian or muslim extremists to describe what is going on. that is the very definition of the ethnic cleansing going on there. what is the end result of this? >> well, i think it is another
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idealogical tick by the administration but i'll tell you something. evangelical christians around this country brought things like tragedy of southern sudan to public attention. i think there could be a wave here that turns this into a sleeper issue. those who don't want to talk about, better watch out next year. david: ambassador john bolton, wonderful to see you again, ambassador. appreciate night thank you, david. david: liz, over to you. liz: david, hillary clinton kicking off her first presidential campaign in the crucial state of iowa after a two-day, 1000-mile long trip from her home in work. we'll go live to monticello, iowa, next. on republican side, florida rivalry brewing. senator marco rubio pitted against his former mentor, florida governor jeb bush. who will win over hearts and minds? more of that coming up. >> hi, everybody, i'm gerri willis, coming up on my show at the top of the hour, shocking new waste of taxpayer dollars uncovered at the va that
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is one of the big consumer stories coming up on on "the willis report" in just a few minutes. ♪ the pursuit of healthier. it begins from the second we're born. after all, healthier doesn't happen all by itself. it needs to be earned... every day... using wellness to keep away illness... and believing that a single life can be made better by millions of others. healthier takes somebody who can power modern health care... by connecting every single part of it.
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pit him against his mentor jeb bush. joining us now with the latest fox news correspondent ed henry along with blake berman. ed, begin with you, hillary's first major campaign event in iowa rather small. what's going on there? >> well, probably more reporters, liz, than actual voters that she was trying reach out to. we're obviously interested in the story. she was somebody considered the heavyweight, the likely nominee in 2008 came in 30th in the iowa caucus not just behind senator barack obama but john edwards as well. what we saw is her finally getting out. they had the road trip where she was taking the van, not quite cross country, but from new york to iowa and seemed like based on what she had put on social media, she didn't run into that many voters. you saw the photo of her at chipotle where she was behind sunglasses and didn't appear to interact with voters. her staff was happy to tell us
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she ordered a chicken burrito bowl. we didn't get information what she was pick up from voters. today was the first day at the community college. auto repair shop where people practice as they go through the community college in rural iowa and she laid out what her vision will be and what will be the underpinnings of this campaign, listen. >> i'm running for president because i think that americans and their families need a champion. and i want to be that champion. i want to stand up and fight for people so that they cannot just get by, but they can get ahead and they can stay ahead. >> remember, when she talked about being a champion of the middle class on the book tour, slipped up when talking about being dead broke when leaving the white house. that didn't work. the beginning of the sound bite, you heard her say we need to get back on the right track. that's going to be interesting to see how she navigates being
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with president obama and against where we are right now in the economy. >> glad she's not poor anymore. that worried us. ed, thank you very much. could be a battle royale from the sunshine state. marco rubio announcing run for the white house ahead of jeb bush's likely announcement. blake, what's that about? >> here's the good news for both of them in terms of raising cash. florida, south florida, lots of money there. we've heard the projections with jeb bush trying to raise up to $100 million in the first quarter. marco rubio, the "washington post" reporting he might try to raise 50 million dollars in the primary season. he has one big backer, a billionaire activist, a philanthropist in south florida. he said he could put up to $10 million for marco rubio. >> okay, you have the jeb bush party. >> marco rubio would be the most formidable candidate in the 2016 elections. the first generation american citizen. he's the one that can appeal all the way across the board.
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>> of course, how many more normans are out there are in both of the guys. >> great stuff. we'll enjoy seeing your stuff on the campaign trail. blake berman, good to see you. >> the "the willis report" is next. gerri: hello, everybody. i'm gerri willis, and this is "the willis report." the show where consumers are our business. we all dread it, tax day tomorrow. and just one thing is worse. where are all the tax dollars are going? and the trouble doesn't end at irs, one congressman gives inside look at the waste, fraud and abuse at the va in his district. >> today, we know this, our entitlement system is out of control. its growth is not sustainable. gerri: he hasn't announced he's running, not yet. chris christie take the stage today calling for changes to an issue most politician are
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