tv Cavuto FOX Business April 25, 2015 1:00am-2:01am EDT
1:00 am
anner of liberty that touches the constitution one hand and the bill of rights in another. john: sounds good to be. i will vote for him. see you next week. have a great weekend. good night from new york. neil: welcome, everybody. i am neil cavuto. in building into this weekend or overdrive that the attack evian -- tech had the index because since the market meltdown the average has more than doubled. steve forbes what you think of this? >> when you hear that talk be careful especially we have to keep up with the dow. the nasdaq went ahead of it so they had a long way to go down and a long way to come back so that idea it needs
1:01 am
to do double our fear of a new companies with high multiples. this is not the s&p five entreated is a separate universe. >> i look at one predictor looking at amazon. i don't know any other stock in history that could post a 15% gain the day after it reports a loss. it is extraordinary. now rated as a brave new world and people are more rational what these stocks to that of the late 90's but it does seem like the vibrations are getting inflated. neil: the nasdaq was the last to join the parade. >> interestingly enough the nasdaq is not trading ahead of i e earnings multiple but
1:02 am
we predict it will double because of the dow is pure witchcraft and means nothing. but it is not particularly overvalued. what is the future of the stock market? you the hell those. [laughter] but with that craziness then at the end of the last century and hold:for your grandchildren if iran does not, as we will be in good shape. neil: what you hear is all the names that don't make money. >> what is wrong with pets.com? [laughter] >> i think to go into that world you don't have time to baby sit dead by the index a a ride it out.
1:03 am
neil: are you more comfortable to by the nasdaq? >> i take the whole world. >> why not. d all is the whole world. [laughter] >> except fox. [laughter] >> all the companies that are borrowing or using the cash to do the stock buyback that is so little more of a concern. >> or at&t. >> at least these tech companies are not making a profit but they are investing their money into their new product or design and i think that is a good thing. they put the money to work for the future but it scares me that bar a wing of money to raise the stock price. neil: you have written extensively on this but
1:04 am
people mention new concerns. >> of course, the market will correct of this we have nuclear war and we will keep seeing it go up but i am betting on the newark -- senior or medium featured it is impossible but the long run of love the nasdaq. >> do you get residuals? [laughter] >> not at all i have to pay for the stock myself. neil: life is tough. day you ever get us since that they will signal the underlying financials? the data were the way we
1:05 am
spend with outside events? that that is our biggest problem was spending in washington? >> the real problem with washington is a level of taxation and regulation that is another form of taxation in like health care if you can see small businesses are not created at the level that they should be. the stock market is big companies but small ones are having a hard time you have to create an environment for them. >> the drug just in fight -- interview did -- interviewed the guy who started airbnb he did not realize is the toughest regulations were in the united states not in socialism countries like france or the u.k. this used to be the easiest not is the most difficult. neil: looking at the markets
1:06 am
and how they perform and democrats argue they do better but this president says unless there is a complete cataclysmic fall we will see more than doubling? will the next president see the same? >> kudos. but in the fdr first term there is incredible injuries to the stock market then it went to hell through world war ii. there are all kinds of different precedents but he has not been a bad president except dabbed -- doubling the national debt. [laughter] neil: he hit a home run. the code brothers have pledged of republicans but will back those facing economic issues not social or religious is the big deal.
1:07 am
but rick santorum has social issues but a koch brothers not so much? why are they important to you? >> i believe we need to take into account rick santorum is big on the economic issues that we will not have a viable economy or healthy society of free deteriorates the family the way it has been if we have the man and bragging about fathering 30 children by 24 different mothers a fiscal conservative will scratch his head. who pays the child-support? or the excess cost of prison because there will be problems with no fathers? the fiscal responsibility is social responsibilities are interwoven. the fact that koch brothers
1:08 am
have consistently have worked with the free markets it is their number one man trying. >> like a lot of republicans they just want to win so i think they put those issues year in and year to you to the back seat. and i know that is a religious inclination but i know would is not front and center because all five of their pixar not front and center issues. >> i don't know. i am pretty sure most of the five pixar pro-life. like rand paul and walker it isn't that they're getting rid of social issues but republicans simply cannot win by poking the eye of the social conservatives i.
1:09 am
it is 20 her six - - 26 percent of the vote. neil: to practice what you preach. i of a hypocrite who reads the prompter but i think the concern is if you will wind with the issues in the eyes of the american public you will get sidetracked or you are or just the one issue poppy. >> that is the ridiculousness of the media and the democrats and politicians to put them into racing call box. everybody that is for life and family everyone is concerned not just about the economy but the number one issue in the touche champion said know this best charles instagram and rick santorum of the global jihad movement if you look at the governor's they talk about education and issues and
1:10 am
health care so the whole issue facing over country is of global jihad movement we have to be sure we get our president in a position he knows how to defend every country in what the issues are and nobody is talking about that. to think we have this dichotomy is a false premise they're in trouble for an we have to have strong families with a strong country and a strong economy. hagel are these companies going to be able to function? neil: is a destructive given that you? -- that you of foreign policy? >> it is sad for in the republican to violate the 11th amendment you shall not speak ill of another republican per dollar of these participants have to
1:11 am
look at everyone else says a number of their cabinet. each of them can become of differentiated to lift themselves up without denigrating the positions of the others. the number one issue that people want from a democratic source is not obamacare or immigration but the divisiveness look at some of these people's ability to bring people together, rick santorum was here and a fellow said i am far left liberal but the more i hear what he stands for he talks about 70% to have not graduated from college. who looks out for them? at the last convention obama said you did not bill that republican put those up there that said i did build that. what about the worker?
1:12 am
i became successful because of the 70 people in my environment who did the hard work. did you go to a banquet by class 91 about the dishwashers that keeps them healthy? that is the core of the america and that is what they talk about across party lines. remember the mantra those of the efforts they both embrace for us to come together big-time is born to be an exciting time. neil: but not yet. >> we will. [laughter] neil: it is always good to see you. >> i appreciate it. neil: another ice-cream recall foreign help break that is out of control.
1:16 am
neil: the hysteria continuous recalling products after some samples tested positive but it is tough to kill because it can eat fish and grow in a the frigid temperatures. there is probably more cases out there that have not been reported. >> the concern is we need to be cautious they have not found any infections because they are recalling out of proportion. neil: but this spring and they pride themselves on
1:17 am
using the best of the best locally from local certified calcine dutch cocoa and nothing remote the weird. >> it is in the water supply in the soil could be in the intestines of the animals. once it gets into food processing is a difficult issue to eradicate with moist and dark environments where not sure where it came from the beach cleaning procedures are returning and -- during the transport but there will find it. neil: there are numbers that ice cream consumption is down. but then it got cold began but are they overreacting that i will not even frisket spin there is no reason to panic over the two companies
1:18 am
are taking precaution to take a back. >> but pickup the phone those who were elderly who have multiple illnesses to let them know. neil: there are other instances is like in the nursing homes. >> but those were elderly or those with children or illness could be vulnerable. also pregnant women are 20 times more likely to get it they could leave mild symptoms but deadly to the fetus are with the birth defect. also there is the incubation period of 70 days. that is two 1/2 months so always be cautious.
1:19 am
neil: if you are exposed does it mean you will get it. >> help the people may never get it. neil: a bird flu state of emergency now affecting over 7 million births nationally so what does this mean? for the time being the prices will rise period quickly and it is already happening. >> simple economics when the supply goes down the price goes up. for bell has already said that their turkeys supply is down they will ship less jerky but really they're saying they will raise prices. that is one example. right above us in canada almost the identical situation. they have an outbreak of the of virus in the piglets so prices for pork have already
1:20 am
gone up 12%. neil: if it doubt they just wiping out the whole population i know they tried to be cautious but it is that reaction is? that is millions of birds and dead. >> i think it is appropriate from a legal perspective. the poultry producers or anyone in agriculture has learned that the lawsuits are quick to come if one person gets sick that is why 10 percent of that turkey population is affected. in iowa alone 10% of chicken production is an overreaction unless one person dies then oh my gosh they will be hit with millions of dollars of legal action. neil: thank you. the big day is here.
1:24 am
neil: this is the day the you have your apple what? the chances are you've got it because of less you ordered right away or way before that you will still cool your jets because you will but get it to any time soon that bugs me on a customer's service because apple he handles this rollout very badly if getting to watch late is not what bugs me but all the stars like drake and beyonce getting there early for free likely.
1:25 am
apple is practically shouting they are cool and you are not. not just me. let me count the other ways. it turns out average americans have no idea of what they have to go through to get one. remember that confusion nationwide thinking they could buy the watch then but then they could only look at it or buy it of lying? even now good luck you cannot just walk into the apple store to get one right away. you have to order online at yet again to have it shipped to your house. is confusing. the more i see hollywood and
1:26 am
music moguls wearing the day of things being career i gets. it is like a show of their preferred status and never faced record not just a straight but those that apple. so tonight are the customer skills suck to the court? ltd. is a crazy moment traditionally they have good customer service skills they hit deadlines in their launch days it is an aberration. they have done an awful job when and where they can buy it. neil: remember the iphone6? it could be the first but we have seen bigger lines.
1:27 am
>> the lions are fine and it shows to me and all those people got a fault that day that is what is different about the watch but nobody gets it. >> are definitely confused they wonder where a u.n. today was supposed to be the big day but only in losses angeles i dunno why they were the special ones. but it is not in the apple stores anymore today was the day there were to be everywhere but the day before that demand would exceed the supply because they should have had a lot ready said the index -- projecting 20 billion would be sold this year. >> we did not people canceled their orders. >> there is that perception and if i order it i do not know when i will get it.
1:28 am
neil: i was reading the boutiques the street market in tokyo a quarter in berlin and of course, lot. but nothing in new york. >> and even then they may only have 50 or 100 so you have no idea how much supply they have a and apple will not reveal that is why they cannot give states. neil: more over the longer you wait? >> i don't buy it i see people just get annoyed. i am hoping to get a watch for ever. i don't have one they would not give one to fox. [laughter] it is still back ordered from july for zero i will
1:29 am
not getting any time soon because they first announced in september it really is not that early by the time you get it is almost one year later speethree generally day get there a could replies and has been lukewarm in for an apple device that is pretty low people complaining about the battery life percolated is a concern. neil: i heard a guest say once people see at the cool things they do with it. >> maybe and nephew years right now it is people who buy the gadgets but i do think smart watches are a category but i think they
1:30 am
will do better them us competition but i think the launch was not handled very well. >> that is where they will always been in three years when they neil balm hardware provide now it will take time. neil: ibm and apple shareholder in i have been but this is like three and a half shares. [laughter] you heard from the is young guys but now we will hear from the old almost walked up to oxygen it is time for those boomers.
1:34 am
parents are right writing resonates for their kids in finding job openings and going to your job openings with their kids is that a trend? >> no. helicopter parenting with play data arrangements in writing letters to the college the commission is but one that of 10 helping them with their own network to find a job and also researching jobs for their child and accompanying them to a the interview and even sitting in on the interview. while. neil: what we you going to say? >> self-reliance when you enter the job market you are to be a self-reliant person cannot take your parents and to walk given. neil: what if you or a loser
1:35 am
? >> then find a manual job. >> seriously. >> they are not losers most millenials don't do that. they have the fine arts degree they want to do the p.r.. but most are losers that is why the parents are showing up for those that are working hard. >> but this is a boomer problem they are to be to blame for this. >> they are enabling them. neil: why? >> but they said about into the world and they're not equipped to deal with a society. >> it is probably generation x parents they are of little yogurt bin us a little more
1:36 am
of liberal and passive with their kids. neil: these are adults. and in rare cases but many parents who have coached their kids. >> what is wrong with that? >> if they ask about fox bin say you love george mcgovern [laughter] >> everybody gives a vice. but to a company to the interview? >> why do they need so much help? vitter not that well-educated. >> they are stupid. >> that is a hard word. >> they are educated stick their educated a and a stupid.
1:37 am
[laughter] neil: these are for real kids and talking about the boomers that under armour reduces the superhero line of underwear that the boomers are already modeling [laughter] why are they doing this? >> i love it. i am waiting for the trustee of the justice. >> i don't wear underwear. [laughter] >> they make today a deal about the under rare -- underwear. >> but not the big deal about getting fit.
1:38 am
robert downey jr. who is the leader so i have heard is 50 years old. in five for six years he will be as old as they are today. i think it is an inspiration in to get out there. >> some of them i workout summer in abasing shape but so many are in horrible shape. they don't do anything. >> that is what this is all about. get them into shape. neil: i am wearing them now. [laughter] with a the greenspan underwear for all paul volcker underwear. [laughter] you are irrationally exuberant.
1:39 am
>> but to all you young people who is the most offensive? brady? >> he is a gentleman. >> they just don't want to get into it. neil: is it back? neil: maybe he did catch a break. he is getting closer to the hall. [ male announcer ] we know they're out there. you can't always see them. but it's our job
1:40 am
1:43 am
neil: ready for the comeback? a new commission in says he will be allowed to participate in the all-star game in cincinnati. but former commissioner says that could be bad news for baseball in joins us on the phone. >> i am a fan of yours and i respect what you go through. bravo. neil: but what is mitt -- misleading is what they are allowing him to do since the event is in cincinnati that all of the all-star teams can showcase their icons. pete rose is the icon for the reds. so nld is not saying we condone this but that is a
1:44 am
distinction? >> it is very big. and it cannot be overstated. it happened once before commissioners zelig permitted rose to be honored as one of the 58 great players in the history of baseball in cincinnati that led people to assume that's he was prepared to reinstates peaked rose -- pete rose to baseball and it turns out was not true but my concern is less with what he is to ring than the perception it may signal something more important. neil: you took over just a few weeks after that decision but used up to his
1:45 am
guns. but there is a sense things are melting a little bit with the relationship with pete rose for garneau he will be a color commentator for fox sports he cannot go on official baseball grounds i don't know the rules but the ice is melting and it is just the matter of time. >> battle they get is accurate of the perception he is about to be reinstated is accurate. i would be very surprised if commissioner reinstates pete rose. neil: you don't think we're inching in that direction? >> i don't think so. it is a misperception for i am wrong a lot but my judgment is he is too smart and knows that baseball is booming and it would just
1:46 am
raise the stakes is shake up a bunch of issues he doesn't want. baseball is that of highpoint and i think he has plenty of issues. neil: you are the expert but there are some nefarious characters you got into the all but there are some of pretty big issues is several others that by comparison even begins to run team could pale by comparison. this is a weird club that might draw the line with pete rose? in the casings that is the mistake to see it from that point of view. i think it is a deterrent. we can agree that baseball has a third rail called
1:47 am
gambling on baseball. provided you have an interest. if you touched the rail you are out. baseball is very consistent. >> but to wipe out everything you did as a player? been a but there will be acknowledged in the hall of fame as they are to the extent he is number one with his bad record but we don't acknowledge his cheating on baseball is irrelevant. it isn't because of the rose but the deterrent for she is out of baseball but because we don't have a sense of redemption or mercy about pete rose but because as long as he is out he stands for the proposition no matter who you are if you
1:48 am
1:51 am
1:52 am
with a personal chef. what does that mean for the robot takeover? big vector i could use what in my kitchen but this is a cool experiment they use different ingredients to make recreations in your kitchen. neil: but my products are creepy a. what are they trying to say? that they can make our lives easier? >> i think it'd say concept to take the burden off of meal preparation. neil: what can it do? >> the winner of top shelf
1:53 am
does a 3d model it teammate crab bisque is a complicated recipe but the hands figured out how to take the different materials to put them into one deal -- real. neil: it takes a human exactly right but not for the machine. >> so the robot models exactly what he did but that is all it can do it just follows a recipe but there is no creative aspect at this point. >> we're not in the "twilight" zone yet. neil: is in the meantime think celebrities cannot get any more fake
1:57 am
>> no one said dinner is supposed to be dignified. >> stop talking for just a moment. it's incredibly rude. >> stars want to be part of it. >> who's your favorite white house correspondent. >> i don't think any president likes me. >> they all hate the dinner. >> that's right, everybody hates the dinner. the white house correspondents dinner is tomorrow. it stars tv anchors politicians they all compete to outhustle and phony each other. my opinion. to event planner david adler and kayleigh mcenany why they think the dinner is an act of deception. a lot of powerful people someone thin and fit like you would have no problem at the table. me it looks like i'm harp understood in the corner. having said that i can't believe the big names who come all the way up to the president of the united states. >> this is a huge change. this started in 1921 a small room of 20 people.
1:58 am
it has gotten out of hand and started under the clinton years where they rolled out the red carpet. bring in the celebrities and the irony most of the people going don't like each other. tonight -- >> that part i like. >> i don't quite believe that. washington is pragmatic. just in the media world alone, look what happens. you're in one media company and bought by another. your friends and enemies. venture the newtown square in america like south by southwest and coachella. what's this white house correspondents dinner weekend has become is a festival of great conversations of people that have never talked to each other before, and half the people don't know who each other are? the celebrities don't know who the politicians are. >> each news organization can bring a quality celebrity and now celebrities, they're a big deal. >> let me tell you this. let me tell you this
1:59 am
celebrities have the more juice than the media organizations. >> everybody wants to see who's sitting at my table. who's with neil. >> 2.5 million followers which is more than the media organization. >> everything you are saying, david is the problem with the white house correspondents dinner. the people servants come together and act as if they're celebrities. this has the gone out of hand. >> i don't believe that. >> the media is in bed with them. >> i don't believe that. it has conversations events are about curating conversations ten people at table. >> i don't think substantive conversations are going on at the white house correspondent dinner. >> if you look at whole weekend, people are creating relationships they've never had before. the hottest thing is the creative coalition buses are a hot event. and getting people to activate poir. a lot of the celebrities don't realize if they activate their power and use washington
2:00 am
effectively they can make something happen. >> weird things happen, i remember when i led the conga line and did shots with watching keep it right here on lou dobbs on fox business. ♪ ♪ lou: could even come everyone, i am lou dobbs. what is beginning to look like this country's most corrupt political family tonight. new accusations of bill and hillary clinton exploiting the devastating earthquake of haiti to enrich themselves by ensuring lucrative contracts to rebuild the country clinton supporters and donors and friends. we take it up tonight with judith miller and former clinton adviser doug schoen. and also italian police have busted a an al qaeda terror cell plotting to attack the vatican.
119 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on