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tv   Varney Company  FOX Business  December 13, 2018 9:00am-12:00pm EST

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don thanks so much for being here. james freeing man brian dagen mcdowell. >> don't talk to the fbi ever. >> take it to the bank. >> talking about general flynn situation for sure. have a great day everybody. "varney & company" begins right now. take it away stuart. >> good morning everyone. europe to brits forget about it. in no uncertain terms eu tells theresa may there will be no confession here's the, quote, there's no room whatsoever for a renegotiation of britain's exit from europe otherwise known as brexit a lame duck prime minister she says she'll quit the job before the next election. her chances of her coming away from today's european summit with a new deal acceptable to parliament those chances are slim and none. there has some market on this futures pointed to a triple digit gain look where we are now a gain of about 20 odd points
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for the dow 40 may be for the nasdaq. we the got big news from apple. it will put a billion dollars into a new data center in texas. it is part of a $10 billion investment in new facilities in america. here's the the question. are they doing this to please president trump? big news from amazon, right before christmas, free shipping for everyone no minimum purchase up to december 18th and prime members get to same day delivery free until christmas eve that's a remarkable statement of confidence in their delivery system. now, one-third of all americans they'll be on road are for christmas and here's the taboos. driving is getting much cheaper gas prices down or for 64 straight days and we're down to national average on your screen 2.33 what's nanch missouri 1.98 a gallon. december 13th "varney & company" is about to begin.
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brexit is getting a lot of coverage in america and we're on top of it. theresa may narrowly got that debate i have different stuff for you now what our labor leader conservative upper class guy of the year jacob what do they say about troughs may right now? [laughter] >> jacob yeah he's lead for of the brexit and he says theresa may should meet the queen and then resign he was the leader of the cue which fail sod he says ms. may should resign because she can't get here deal through parliament she also believes she's wounded because of a third of her own voted against her now jeremy leader of the opposition time for delays over he says no more pex kyeses no more running
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away. put your deal before parliament and let's vote. he also says labor is ready to govern and deliver a deal sounds good most of the country doesn't believe him and polls say they don't believe jeremy corybn is capable of getting brexit deal anyway. bottom line big divide within conservative party big divide between houses of parliament between me. big divide in the communities and families of britain. oh, my -- what a mess old boy. [laughter] stuart: that was very good. very good. very good indeed actually. if you're not careful we'll have you back in a half an hour. ash thanks see you later. let's have a look at the american stock market is as we head towards the opening bell bearing in mind the news if brexit. we've got an upside move but only just 38 points up for dow 40 up for nasdaq we'll take it. latest fox news poll, 46% of voters approve a president trump's job performance. 52% disapprove. i have to say that approval has
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barely budged all of this year staying in a narrow range 43-47%. joining us now rnc chair ron that mcdaniel hard to spin in a positive way would you agree with that? >> it is going to be more important with these battleground states heading into 2020 for reelect where is his approval in those states that he won that's where we're focusing and he is definitely higher in those battle ground states than he is nationally so listen he has 90% of the coverage against him so national media for the most part spends day after day hour after hour attacking our president and ignoring the roaring economy 3.7% unemployment, the lowest unemployment in african-american community all of the good numbers that are coming out of this country higher wages more jobs, economic confidence -- why doesn't the media cover the economy that are happening here -- >> administration well wait a second would you say that the
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president's style his language, some of the things he says that's holding him back in approval ratings isn't it? i think we've lost her. are you can you hear what had i'm saying. i don't think you can. no i think we lost there. got her back? >> great question. trying to get her back. that was elizabeth macdonald by the way. stuart varney to my right here is michelle. let's see if we can get ronna so far the not good. okay. i'm going to move on. >> i hear you now. now you can hear me. >> i can sorry about that. >> question again -- >> sure. >> is it not possible indeed probable that the way the president conducts his office his language so so many his statements holding him back in approval ratings isn't it? >> people are are luges at the pots they understand who this president is. they understand who they
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elected. and they're saying this is a president getting things done. i look at the press conference other day where the president said i'm going to be transparent with american people. let's put nancy and chuck on the spot and what was the first thing they said let's get cameras out of here we don't want to talk in front of the american people i think it is refreshing people like somebody ho is is telling the truthth not a politician poll testing to make sure that -- that it has a high approval rating he is who he is. everybody accepts it. >> i want to get to border wall and president stand on it but first listen to john kennedy talking about border wall fight and the the possible government shutdown. roll that tape. >> looks to me like he's serious as four health heart attacks ana stroke he's not bought it. playing poker with him and yont have cards i would fold. >> in other words, the president is determined to get his way. is he going to stand firm or wallet way through and shut the government down? >> president is not bluffing it
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will be chuck schumer and nancy pelosi we have a border crisis we know that border cross technician are up 909% over the same time a year ago. we know that -- unaccompanied minors are up 44% we know that walls work in san diego and tucson and uma and elle past sew down from illegals this is something that we need for our country. democrats voted for it in 2013, 54 democrats voted for reasonable measures. why aren't they coming to table now? the president is say, we're going to get this job done. come to the table and fix this with me. >> okay thank you so much for joining us sorry about the audio problem. >> sorry no worries see you again real soon. let's talk a about amazon. that company is extending free shipping looks like they figured out christmas shopping. free shipping for everybody no matter what the amount all the way up until december 18th. michelle is with us now. what a company. >> what a company, i agree with
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you stuart that it is a vote of confidence in that company that they are doing that. what is interesting, though, is target and wal-mart are doing two-day free shippingen they haven't talked about it yet again a.m. son is taking the headline and taking the thunder. >> target is responding to amazon surely. amazon prime. >> because they're going after the prime members because target and wal-mart don't offer prime for an extent. the two-day shipping on target and wal-mart are free basically on amazon you have to pay for prime to get the free shipping. now, amazon is coming out saying you know free shipping for everyone not just prime members. [laughter] >> quite a deal. big news from apple, they're putting a billion dollars into a new data center in texas. part of a ten billion dollar gear up fur actual stuff coming to america. investments in america. now, are they doing that because president trump wants them to? >> i definitely think they're doing it for a vote of confidence in their company and finally a positive headline because man, apple, facebook
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they've all had terrible headlines and finally a a is saying this is a really positive headline i still like a it will stuart. i think the earn physician look good. outlook looks good maybe we won't have explosive growth on upside but i would still be a buyer here. >> you're talking about long-term here our audience long-term investors. >> you have to be, obviously, short-term is short-term but long-term is easier to bet on because short-term as we have seen with moves in the market is so hard to predict. >> if you trade minute by minute, and you make a profit i don't like paying the tax. simple as that. >> exactly. exactly. so you know -- short-term capital gain is full income. you know are you really winning, i don't know? >> not so sure about that. stay there we'll bring you back to opening the market thanks very much indeed. let's say here's how we're going to open today. modestly higher. we're pup 150 yesterday. we'll be up another 40 at the opening bell but i have to say this. you can't be sure how market is going to close. you have no clue. amazon as we've been talking
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here might be winning the christmas season but they have a problem. people stealing packages from the porch. the cos have turned to a high-tech solution to solve this problem. now we'll tell you exactly what they're doing in a moment. here's a headline that caught our attention. the united nations getting nearly 10 million dollars in emergency aid to venezuela. how can they be sure that money is going to help people and not right into the hands of the commune fist dictatorship led by medaro. a second canadian citizen detain for question withing in china what does that mean for trade negotiations? we'll cover that story, more varney after this.
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all right we've got just a few minutes before mashts popes again we're up 150 yesterday on the dow up about 40 at the opening bell 9:30 eastern time this morning. then we have this. the conflict over washington that executive arrested that's heating up. because another canadian has
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been detained in china for questioning. that makes two canadians detained altogether. curtis ellis is with us former job advisor to the trump campaign. this second detaining of a canadian what does that do to the trade talks with china? pus and china? >> right these are separate tracks everybody is saying that the trade talks and detention and law enforcement concerning huawei are going to be kept on separate tracks. however, wait a minute president trump said he might intervene in the huawei case if it was national security and to help a trade deal. he's connected them. they're not separate to him. he's connected them. >> if you read that very closely it is sort of keep his options open and this is a typical trump move to just -- throw a lot of garbage on lawn and see how we clean it up afterwards throw everything on the table and negotiate it. however, what's going on here is that you see that tariffs are just part of the problem with with china.
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we've got cyberespionage at rampant rate and now, as china starts arresting people inside china, what's going to what to all of those american entrepreneurs in american business thinking about doing business in china they're going to be looking for exits. >> i know ceos where i've been told about ceos who have canceled planned trips in china because it is risky. you don't know where you're detained or not. >> china may be negotiating to have the tariffs taken off because it is good for business. but oarngd they start arresting poem that's very bad for business. >> but they've got that gives them leverage doesn't it we'll release our canadians you give on this it shall america in trade deal. pend game here is decoupling of the american and chinese economies. they were integrated back in 1990s because we believed that would make china free and democratic but what we're seeing instead is that chin is now making america more like china. influencing our businesses to
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shut up talk about this or talk about that for instance with marriott marriott is -- a great case of chinese influence and interference operations. their interference is espionage and ample evidence reported that china hacked marriott oarngd they've been doing their influence operations on marriott telling marriott take down your website because you identify taiwan as a country rather than a province of china and they did that. and they did, and they told marriott fire this low level employee some kid in cleveland or someplace because he retweeted something about tibet and beijing said yes, sir we'll fire this person. >> marriott employee in america -- in america tweets or retweets, retweets about tibet, the chinese don't like it. and they insist that that -- that poor person young man or
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woman is fired. and they were fired? >> and they were fired. yes this shows how chinese communist party is influencing american businesses, and influencing american norms. what happened to free speech what happened to -- we're the land of the brave home of the brave land of the e free. and we're not going to let anybody tell us what a to do. >> how can you come to an agreement with foreign power like that to make sure they don't do that? how do you do that? >> that is very good question stuart, and that's going to be -- that's part of the complicating factor of all of these trade talks going on for the next 90 day. >> so you talked about decoupling we've got very close to two business communities very close. you think it is a good idea to decouple, separate out can you do that? >> well certainly now we're seeing with high-tech manufacturing that you can't trust the equipment you have manufactured in china it could be full of bugs, could have hardware haxes built into it. so already huawei is barred from
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doing business with the american government and american military so right there you've seen some decoupling already. and it just are sounds like it is almost -- it would be very difficult let's put it to that. very difficult to come to an agreement on intellectual property theft and stealing of technology and influencing our business very hard to come to a deal which satisfies america. >> and satisfies china and satisfies everybody but luckily we have best trade negotiator in the world on the case bob lighthizer if anybody can hold china to what they claim they're going to do, it is that man. that general patent in trade world. >> okay i'll take your word for it curtis ellis thank you so much for joining us. appreciate it. thank you. again check futures not much movement at the opening bell up maybe 30. up maybe 40 on the nasdaq. how about this one? the united airlines their flight attendants staging day of protest today they're angry about staff cuts for international flights.
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♪ mom. ♪ all right we're going up a little bit at the opening bell. 40 points maybe for the dow. and then there's this. united airlines flight attendant not happy if staff cuts.
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tell me what unites is doing. >> what they're doing is getting rid of one of the flight attendants mid-gally replacing that individual with a catering worker to serve you your inflight meals faster name of the game here is to get to gate on time to impress wall street so flight attendants in 16 hubs around world comkding chicago o'hare and unite ready doing protest they're upset about this as customer service has gone down for airlines worldwide. >> ingdz airline flight attendants but also i can understand unitessed as well trying to speed things up. i get the point not happy to hear about when flying is so -- stealing of packagings like you see on your screen from your porch. they're getting creative i think right. high-tech? >> this is happening across the pond in jersey what they're
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doing is -- this installing stealing amazon boxes from the front doors they're teaming up basically the the cop in jersey city have teamed up with amazon to install doorbell camera and dummy boxes with gps tracking devices in order to catch these guys -- as soon as they did it they catch report fire it -- stealing box. so this is a big deal because nearly one in 12 americans cease one of their packages stolen from, you know, amazon or elsewhere. >> by the way when you refer to new jersey you said across the pond in new jersey. at the river. in hudson river. i thank you for correction. duly noted. not quite a separate country. [laughter] here's news this morning, the white house has canceled the press holiday party. again tell me more about that. >> so this is a bombshell for the beltway media they're upset it be. you know, the president has coming come howard of fox is saying no white
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house christmas party first time in decades a decade long tradition a mend fences party but the president you know is called them enemy of the people and fake news. guess he doesn't want to do it anymore. >> but they've been rather nasty to him haven't they? >> they have been and this truly is chance to get a wall of shame eagle wall photoshot with president and remember he didn't do photos last year he and first lady and the white house correspondent center now no white house christmas party. >> i'm in new york i can feel the anger seeping through all the way from washington for beltway. >> quickly sarah sand percent said christmas comes early when cnn cancel going. finally good news from cnn she tweeted that. >> thanks liz good stuff. check the market please. we're opening up in -- four and a half minutes up 40 points. got it. we will be back with a great teal more for you including opening of the markets.
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telling us. but again how we close i have absolutely no idea. let's see. we've got the belly is ringing when that stops they're trading we have about four seconds to go, and i'm expecting gain of 20 or 30 on the dow here question go 9:30 eastern time we're off, running and we are opening up -- 54 points okay futures got that wrong. 59 points up. 63 points up. a much better gain than we were expecting. and we've got most of the dow industrialses which have opened they're opening pup they're in the green and now we're pup 73 points that is the best spot of one-third of one percent right there in first 30 seconds of business. 73 points now 246 the level. the the s&p 500, how's that doing in the early going? up about the same percentage as the dow. not too strong. but a mod fest gain we'll call it that and nasdaq composite that's where i get interested. because i want to know how the technology stocks are doing and they are doing well.
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better than overall market. up a half had percentage point on nasdaq composite. real fast let's check amazon they have news this had morning on extending free shipping and they're up 9 bucks but still at a 1600 level. how about apple? expanding state side with with some very big investments they're up a buck at 170. i always need help covering this market and i've got experts to help me today scott martin maria bartiromo, maria. thanks very much great to see you and liz elizabeth macdonald start with apple investing big at home a big dollars going into texas march yaif a suspicion they're doing this because president trumpments them to do? >> i think you're right it looks like make america great again and in the press release this is what he says with a new expansion we're redoubling commitment to cultivating high-tech sector and work force nation wide so yeah they're trying to create more jobs. they know it's important to the president. and they don't want to get hit with tariffs out of china
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iphone is made in china. >> good one. and i think they're budgeted 10 billion for new facility states data centers 10 billion. same 20,000 jobses in u.s. by 2023. >> stock is at 16 -9d not much a reaction, of course, amy dison i'm sorry apple has a ton of money. 10 billion isn't that big a deal for them. how about amazon, extending free shipping. scott, with i say that that this company dominates delivery execution is simply amazing that's my opinion. what's yours? >> they pretty much got everything figured out stuart not just the holidays so look this is another reason top own amazon after the -- slaughter that it took in the last several weeks amongst all a of the tech companies outs there all of the retailers so -- to me this is another step in the right direction for amazon we've seen what they've done lately we're business interests. and this holiday season as far as their dominance is no different we're an owner. >>haven't got the porch pirates
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figured out grinches are trying to figure it out. but one extraordinary company isn't it amazon just passed a trillion are didn't they? >> at that price. >> back 15 years when they were starting out amazon among them pets.com went we and others went away with now you have amazon really trillion dollar company. they really lasted and lifed. >> i remember jeff bezos many years ago -- used to do tv appearances he would always smile. crack it up. hi, hi, hi now you have -- >> disruptedded how companies report earnings back in 1997 he said no. don't look at our bottom line look at our cash flow or operating earnings so -- >> can you tell me why he doesn't split 1600 a share back in the day, everybody when they touched 100 you split. why not now? inch i don't know. that would definitely encourage individuals to get into the stock. >> it sure would who can afford 100 shares of amazon except a few people that i know -- [laughter]
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rough road for facebook, but lately -- they went from 220 down to 130 back up to 144 is scott coming back for real do you think? >> i'm hoping. because we're owners of facebook, yes. at some levels lower in price so i guess not all bad. but it has been pretty bad you know here's what we're learn, though, stuart about social media companies, these data companies like google for example is -- and i'm not trying to defend them here but gosh this problem with data and privacy and breaches, seems to be bigger than them. i honestly think they have so much data in so much entrance let's say into our all of our lives, they don't realize how much data they have. and so when you have these -- these malfunctions or whatever you want to call them out there it is almost like they're behind because they don't realize power that they have to me not saying i'm sympathetic but this is a correction that will happen and has happened in a lot of stocks probably for good reason but i do think ultimate lid they go up
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from here. >> mad as hell at google i don't with like them reading my gmail i used to say google was a teflon stock nothing what os to them but nothing was wrong. stock is down it 20% from its high. bear market territory. what do you think? really annoyed about this privacy thing. >> i am too stuart and i would push back on scot on that because i do think that they recognize how big they are maybe ten years ago they didn't recognize power they have but today facebook or google they recognize they have data on all of us and they have not been responsible with this data. i'm also by google walking away from the pentagon, and instead going to work with china. and, of course, china has individual scores that they're spying on you and tell you if you're allowed to get on mortgage or train based on your performance as an individual that's all ai and that is help, you know, helped by grade school. >> i'm with you all of the way. what's terrifying is location data that google is hoovering up and then china can use that to surveil to maria's point on its own citizens remember china zte
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developed smart car to spy on venezuelan track wherever they are so you want to get in bed with people like that? >> i don't like that. they're with regulation. we have a -- >> better choice pps yeah. too bad we don't have choice that's a good point. where's the competition that's a good point compete with google search 90% of the market i have no idea. >> australia is cracking down they say they have a monopoly regulator possibly going after them. >> new entrance will come out. up 100 by the way. up 110, 112 any advance on 111 we'll take that nearly a half percentage point up. price of oil, this is important. you back down to 50 dollars per barrel. that means, however, that the price of gasoline will keep on falling that pleases me. we're down to a national average for gas of $2 president 39 per gallon mazingly it has gone down each and every day for 64 straight days. i can't remember that happening
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before down 50, 60 krepghts in total. where's cheapest? >> missouri where arch average gas $1.98 per gallon such a long way to drive to get cheap gas. we have a few retailers under pressure this morning. at least the stock has been underpressure recently underarmor at mens warehouse all of them are down very significantly. dropped 10 about% yesterday and oxford 11% tailor brands down 27%. scott, apart from fact they're all down is there a commonality in reason why they're all down? [laughter] >> unfortunately for them it doesn't look like other than the fact that so many specialty retailers had nice bounces over the summer and frankly over last year or so-so my guess is they're just coming back in and by the way stuart if i would love to see, i mean, one of my big dreams here is to see you in
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a tomny shirt because i don't know anybody that shops there. >> okay well -- a younger demographic i think which caters to tomny bahamas and chance was you seeing me on a shirt sunny okay where are we what's next put prompter i want to see oh g rks this is for you maria. >> gosh thanks. there's an analyst who said that thing is going to drop to $6 a share it did it and now that analyst says yeah that was the bottom. as a former owner of ge stock what do you say? >>ing i don't know stuart, i mean, it is anybody's guess here. bottom line is this company has been a complete disappointment in really tragic having gone from 59 in three quarters at the high all the way down to $7 not going to even if it does come up from here it doesn't look like old ge it is not the same company there are a couple of good, strong divisions, like the aero space division like health care but beyond that he's going
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to continue cutting they need to raise cash. they've already down to a penny in dividend. >> but if i was a trading type of guy i'm not but if i was i would consider general electric, jump in at 11:00 in the morning and sell it for a couple of cents gain by 11:30 i can play that game. >> cutting dividend -- >> if you've got movement -- significant movement on -- if you have movement on a $7 stock you can trade in and out. >> i hear you it cost free. >> but they "don't ask, don't de capital to black box hits and victories on wall street so -- >> this is unknown stu. i wouldn't touch it. and i still own some of it by the way from my ge days. >> i'm sorry -- >> i have my position -- >> we're very sorry -- [laughter] we're glad you're on the show. [laughter] don't cry. >> refreshing. i have a cup of brexit scott come into this please. theresa may, she's over in europe trying to plead for a better deal she's is not going to get it. i think brexit is in real
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trouble does that affect our market? >> it does. now the vote outcome was good stuart gosh she got a pretty good line of support there surprise to reminding of the heisman trophy voting from last saturday in u.s. it was a pretty big gap of the a and a's so that provided market with stability and, obviously, supported pound a little bit which has been absolutely destroyed. the less voltiltiy to get back to normal volatility levels. >> thanks so much scott we have to say good-bye to maria and scott but you know maria, don't be such a stranger. i don't to cut into your nap time but for heaven's sake come back on the show please. check that big board please nice gain. we're not expecting this. dow is up 123, 24 of is the level. another nugget from latest fox news poll. top punishes that voters are concerned about -- top health care, coming up i'm
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going to ask katy from the rnc what are republicanses doing to reassure voters that they can handle had the health care issue? we'll be back with that, and the push to lower drug prices got some results. the makers of opioid overdose drug dramatically lowering the price. we're talking to the senator who is behind that lower price he's on the show, next. i wanted more from my copd medicine... ...that's why i've got the power of 1-2-3 medicines with trelegy. the only fda-approved 3-in-1 copd treatment. ♪ trelegy. the power of 1-2-3
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it's called known as the farming, this year it is in omaha a giant technology for farmers expose christina is there for us and tell us i'm a farmer. show me some gee wiz farming technology please. >> okay well look at where i'm sitting right now. i like to be in the drivers seat but this baby over here is a
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harvester comes away from class it is i'm going to show you an aps hybrid this baby is worth over half a million dollars. it has got gps technology in here. it has got sensors on the side so it can tell you literally the crop. it is great because you can map that out gaff wards because this is what this conference is about farmer to farmer data mining to share it with people so you have this massive toy and look at this. this is called a burrow -- there's about four of them made right now great to see some of the younger people here not a startup with funding what it does is you're on the field, and i'm going to just click it you know, i'm picking somber reis maybe in a specialty field and i am going to stand in front of it and it will follow me and i'm picking stuff and putting it in there and this is some of the example of thing that they have here so this is supposed to help make farming a lot easier for the future generation. and all you have to do is you can hit it -- push red button not going to
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follow me anymore this is toy number two. toy number three these guys are awesome kiwi technology that looks like a drone. it is a drone but it does so much more. than just a drone. this baby here -- a h 50 gallons of water some are it dropouts doing quite well because they're creating service with this product what they do is operate with themselves they have several that charge on trucks and they can water field. massive fieldings and so far you guys they're only ones in the industry that is doing it so impressive that are gaining extra pupgding this is some of the example of what some of the technology that we were receiving here at the farmer to farmer conference in omaha, nebraska so some of the toys will be here all day so throw it back to you because i know you like farm stuff. >> i love it all everything you've shown us and i want to see more and get become to you or for that. christina thank you very much fin deed see you soon. thank you. we have to get to politics -- a lot of backlash over general motors closing plants and
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cutting jobs. and next guest is trying to get -- some progress with gm in ohio. he is the senator from ohio, senator rob, republican, what are your chances of getting general motors to reverse its decision on cuts and plant closures? >> well i hope it's good because that plant has been terrific for gm. as you may know stuart power and 2018 this year said it was their test plant in terms of quality at least defect so plant reduced for general motors huges sect i can't believe they just walk away so we think work force diversed they have a chance to build a new product i understand that crew isn't selling well that's a market condition. we get that but we understand fact that this community and workers have done their part for gm and we want to show it again so my hope is as gm is talking about building 20 new electric vehicles, that's 20 new models next five years alone that they give us a chance to build one of the models in youngs town so we're continuing conversations
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with them and i think they owe it to you the taxpayer bailed them out. ohio is being their home for heaven knows how many years. to walk away from it, at a time like this when they're making a substantiate profit i think is just the wrong move. it is a terrible public relations move at the very least. well i think you're right and stuart other apartment of this you and i both strongly support a tax reform because our tax system was broken and part of it was to increase investment in america by the way general motors did well and in other words they have a lower rate. they have ability to immediately extend investment in plant and so tax bill encourages them to do right thing so does regulatory reform put in place so all we've done in terms of policy here in washington should encourage them to do right thing they've made it in ohio and this would be first time they're not assembling car in ohio. >> maker of the opioid antidote drug, the pronounced -- they lower their prices to 178
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bucks, down from 4,100 and i think you have something to do with this price decline. will you tell us please? >> yeah. it is the miracle drug that reverses affect of overdose sadly in my state and so many states number one public health crisis overdoses so people need this narcan which is name -- nalaxon hospital it is need it, first responders need it yet unbelievably in last two and a half years this drug increased by about 600%. the cost of this drug -- why? because they could do it because they worked at a deal with medicare to seem a medically necessary drug, and so they just raised the price dramatically. cost a taxpayers absolutely cost a lot of people who are trying to use this miracle drug to reduce effect of the overdose. and so we took them on, and issued a report and sure enough this week they reduced the cost. i'm pleased they did it.
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ening just like general motors closing plants pricing a drug like that public won't stand for it mr. senator congratulations you have the price down. thanks for seeing us always good to be on request you helping our veterans start businessing, after serving our country, next we're talking to the head of a big credit union which is making bigs investments in veteran owned businesses. good story back with it in a moment.
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hi.i just wanted to tell you that chevy won a j.d.power dependability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado. oh, and since the chevy equinox and traverse also won chevy is the only brand to earn the j.d. power dependability award across cars, trucks and suvs-three years in a row. phew. third time's the charm...
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>> i love feel good stories we have them for you a company helping veterans start their own businesses that provide seed money get them going joining us now jane with credit union, k mark with true made foods. james i'm start requesting you. mr. skank what do do gi them money? >> since 2001 they have donated over 1,000 to military causes, but this year we decide to invest in a best kept secrets in greatest opportunities that transitioning military member that is going to launch their own business so not only do we give them money we give them a network and opportunity so we give them seed capital and then go because his product so go god and 1.7 million members about his product. and then we tell our friends and family and we get them great visibility to help grow his
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network of business leaders. >> okay. abe he got you going or penn got you going how much have they given you? >> initial investment is only 100,000 so far but promoting us so much with the tailgate last week and e-mails to their members like big amazon sales in one day. >> that works. what's your product? >> so what we've done is amazing, we've turned catch-up and barbecue sauce into superfoods but sauces and condiments in refrigerator are worse for you and more shog sugar and most cases da so is i have four kids you're battling this because i knew how bad ketchup was but try to get your five-year-old not use that you're going to lose that fight. >> how many have you been in business? >> since 2015. >> three years under your belt. sales have really -- are you profitable? >> not profitable yet it is
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still a long slog but we are about to break a million dollars in sales. so we're close to 750 on year so far. we've got just about 2,000 stores including 700 wall maths we launched sprouts so carrying three products right now nation wide. so we're growing -- >> i'm going to interrupt for a second you gave him 100,000 bucks with the seed money. was that an investment in his company? or a -- sir or get it back if they do well in some day they get next round someday grow public come back to the foundation it will be invested in other veteran led business, and then creating more job. >> that's also a credit union isn't it? >> it is a second largest federal credit union in nine states been around since 1935 serving men and women who fight and win our nation wars each and every day. >> navy. >> navy aviator i flew helicopters. >> i knew i liked you. >> army aviator. >> what about army navy game
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three years in a row. >> no it wasn't. i'm a navy guy okay i'm with av. gentlemen congratulations it is a fine program you've got going james skank and abe you have a company and a half there a million dollars after three years in business. not bad, sir. you can try it we make it with vegetables good for you we turn it into a superfood. >> leave it with me i have six kids and nine grand kids leave it right there good stuff. i have something completely different for you. you want privacy, you want your privacy protected in my opinion write a letter. okay, it is the last great holdout of absolute private communication, i've got a bee in my bonnet about this and a i'll tell you more after this.
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. .
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stuart: i received a letter the other day. how about that? a letter. handwritten, stamp, envelope, the whole bit. i'm not used to this.
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who actually sits down writes a letter these days. maybe more of us should because it occurs to me the hand-written letter is the most private and secure form of communication now available. it cannot be hacked from russia or china. anyone who interferes with a letter is guilty of a federal crime. if i tear it up or burn it, it is gone forever. bear with me, because i want to tell you about a phone call i received the other day. it came on a landline, that i hadn't used in a long time. it is an old phone, so no caller i.d. so i picked it up. it was a call from india, offering me medical treatment. apparently i had mentioned minor league ailment in a gmail message i sent. apparently google is reading my emails, picked up on the medical problem and sold the information to a third party in india. that is what it looked like to me.
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so much for electronic privacy. big brother is making money invading my messages. i'm not happy. i don't like this. nothing i can do about it. in this day and age i cannot get away from all electronic communication. we're all locked into the grid, except, with a letter. now of course i'm not going to turn the clock back 30 years and go back to a type writer, writing letters, i will not do that. i would like to point out the brave new electronic word is a little bit creepy. to put obtrusive power in hands of a few multibillionaires rubs me up the wrong way. the second hour of "varney & company" is about to begin. ♪ stuart: the control room is laughing at me i did the he will tomorrow about writing a letter. ought to be ashamed of yourselves. latest mortgage rates, liz.
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liz: down from last week's 4.75. december is historically a slow month for the house being market but we're seeing mortgage applications tick up slightly last week. still inventory overload is a problem. stuart: we with were saying we would get to 5%. liz: we didn't, that's right. stuart: we come back down to 4.6. closer to 4 1/2. historically that is a very low mortgage rate. liz: that is correct, it's a historically low. stuart: check out the big board. 60 points upside for the dow. big tech names, is this mixed -- no, it's not. they're all up, but not much. a gain for facebook, amazon, up two bucks. alphabet higher. microsoft at 109, almost 110. the price of oil this morning, still back to, yes it is, 50 bucks per barrel. that is interesting. so all of the gain in the price that we saw after opec cut production is pretty much gone.
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you're back to 50. gas price, they continue to fall, 2.39 is the nationwide average, down 64 days in a roy. got it. back to my rant about letter writing, big brother invading my gmail. gary kaltbaum is with us. gary is a market kind of guy. i wonder if he has a comment on big brother and google because i frankly hate it. what say you? >> stuart, you may not know this i am the king of note cards, that i sent to people. i sinned hundreds and hundreds every year. yes, i do a ton of email also. there is nothing better than making somebody feel important by sending them a personal card. i recommend that for everybody out there. the reason i do it. because when i get them, i feel good about it. email is here to stay. nothing we can do about it, but this is a good thing. stuart: i would like to see something done about the parent company of the email company,
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doing something reading it, and selling the contents of my emails. i think that is appalling? >> stuart, last week i was looking on the web about going on a trip in february. i have a facebook page but i don't bo on it very often. it is not on my phone. it is not on my computers. then i went to my facebook page three days later. there was advertisement for the trip i was looking to take. they were supposed to sell us as a community. they're nothing but our followers, our big earth bros and they are data collectors and it is the nature of the beast. we all have to decide for ourselves whether we stay on it or not. by the way i shut down alexa a long time ago. stuart: very smart move i think. >> oh, yeah. stuart: look at the market for a second. i know you're bearish about the overall state of the market. >> kind of. stuart: have you changed your opinion a little bit? tell me. >> i will give you the little
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bit. not because anything is going great just yet but the market is showing real definable support at 24,000 dow, 2600 s&p, and 69 to 7,000 nasdaq. if it continues to hold, we have the potential, use the word potential to build on it. the other thing i'm seeing that it is starting to get me thinking is i'm seeing a ton of software stocks, by the way including microsoft showing great, great relative strength right now, some at new yearly highs. if i continue to see technology, which is a leading group in the market, both up and down, if it continues to get legs we will get better days ahead. leave no doubt, there is technical damage, a ton of things are not working. it will take some time to really get going. stuart: stay there, please, gary, i want to bring you back a little later in the show to deal with apple and amazon. stay there for a segment. i will segue to the new fox poll, which shows the top
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concern of voters is health care. 83% of those who responded say they're either extremely or very concerned about health care. former utah congressman, fox news contributor jason chaffetz with us right now. look, health care i think is the democrats main issue. the issue on which the republicans are losing and the democrats are winning. how can the republicans turn this around? >> well the democrats were very united in just pounding on this issue into the campaign. i think the republican response was fairly pathetic. people are still concerned about access and the rising costs, particularly the pharmaceuticals and it is not enough for the republicans to just say, we're opposed to obamacare without having a plausible and realistic and simple solution that everybody can repeat across the country to say, put us back into power and this is exactly what we would do to drive down the cost of health care. stuart: you know how this works, surely.
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you give, the government gives you something, it is virtually impossible to take it back and obamacare gave health care to millions of people, or certainly heavily subsidized it, put a lot of people into medicaid. very hard to take that back. in fact, i don't think you can do it. >> i think the democrats though are overreaching, when they tried to talk about medicaid for all, or medicare for all, that really means for none. republicans have to beat that drum, say, no, what you're talking about is getting rid of medicare and having a single-payer. i also think that the republicans need to talk about, really you want single-payer? look at the va, the veterans administration and how health care for our vets works. because nobody can go and look at that and be proud of it. think republicans should be attacking that, figuring out how to solve that, to offer real solutions, we as a country care about our veterans. we know how bad the service is. stuart: i think the democrats
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run on health care in 2020. what do you say? >> oh, yeah. oh, yeah, absolutely and the president i think has an opportunity, right out of the chutes i can say with first-hand knowledge the president on day one was talking about pharmaceuticals and driving down the costs and there are things congress can do working with the fda, increase competition and to make this process better and less expensive for consumers. stuart: got it. jason, thank you very much indeed for joining us, we'll see you again real soon. >> thanks, stuart. stuart: here is some news for you. a second canadian national has been detained in china. what does that mean for trade talks? what does it mean for canada and china and america? tell me. liz: it is a serious situation, michael svore, found a cultural exchange to improve ties with north korea. stuart: he is the guy with dennis rodman. liz: that is him. he facilitated visit by dennis rodman into north korea.
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reports he is detained in a northeastern province in china and being questioned, compulsory questioning. again this is near the border of north korea where he is being held. this is at detention of a diplomat, michael kovrik. the question, does canada know their whereabouts? michael kovrik was supposed to go to seoul. he never arrived. shared his itinerary on facebook. they're nailing down his whereabouts. this comes of at extradition of that huawei finance executive out of canada into the united states. stuart: the question is, are these two canadian nationals are they hostages, hostages to the trade talks? liz: we can't affirm that yet. stuart: obviously not. that is the way one might look at this, hostages. we'll let them free if you con side on this, america. liz: they're being detained about question about threatening national security in china. stuart: there is a lot of american ceo's who will not go
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to china because they're afraid. liz: that's correct. stuart: thank you, liz. liz: sure. stuart: more developments out of europe, as the u.s., i'm sorry, the eu slams the door on the possibility of new negotiations or new deals on "brexit" for the brits. we're on that one. bad news for iconic organization, the boycotts of america, may be on the verge of filing for bankruptcy. we have the story. the united nations giving millions of dollars to nicolas maduro's failing government and dictatorship in venezuela. many of them continue to flee the country. the second hour of "varney" just getting started. ♪ what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer.
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this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. and all through the house 'twas the night before christmas not a creature was stirring, but everywhere else... there are stores open late for shopping and fun as people seek gifts or even give some. not necessarily wrapped with paper and bows, but gifts of kind deeds, hard work and cold toes. there's magic in the air, on this day, at this time. the world's very much alive at 11:59.
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our new, hot, fresh breakfast will get you the readiest. holiday inn express. book now for at least 20% off during our annual sale. stuart: we are up almost 200 points. 24,700 is the level. where is the price of gold?
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still hanging around 1250 per ounce. where is bitcoin? 3,000, show me please, i don't want to guess wrongly. 3300 per coin, down a bit today. here is one. boy scouts are considering a bankruptcy filing. liz: chapter 11. a lot of lawsuits. can't afford the lawsuits. many lawsuits are alleging inappropriate conduct with boys. they have hired a law firm to restructure and possibly the boycotts of america could file for a chapter 11 bankruptcy protection. stuart: got it. thanks very much, liz. liz: sure. stuart: we're following two big international stories, number one, no arrests in that christmas market attack in france. number two, the united nations giving more than $9 million to venezuela. i think we should start there actually. walid phares, fox news national security analyst. start there with venezuela. why is the united nations giving money to a communist dictatorship? >> because the friends of the
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communist dictatorship, maduro, fine it the best way to funnel the money through their institution tosca -- to caracas. stuart: can we have any say in this say, no you can't do that. >> the pressure is high but i think our administration will act on that level. stuart: in the past, venezuela said no, we're not taking outside money, that's interference. now they say, oh, we'll take it. why? >> regime has a lot of problems. the venezuela public is up. the economic situation is as you know is down. number three the american administration is tougher, trump administration. number four, the most important thing, change in brazil. the new president-elect, will go after the venezuelan regime along with colombia. this is very important. stuart: you are smiling. you like this? >> i like that. somebody has to do something very helpful for the venezuelan
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people. stuart: do you think one year from now maduro will still be the president of venezuela? knife great doubts what is it happening with venezuela, with refugees leaving the country, and with colombia, brazil, united states. maduro says they're after me. after him we will help the venezuelan people. they will choose what to do with their leader. stuart: get to strasbourg, the attack in france on the christmas market. >> yeah. stuart: the gunman escaped. not yet captured. this to me is another crisis in europe. >> absolutely this is microcosm of a crisis been there in france. france is filled with cells. french government realized that, but also in europe. these single person attacks, lone wolf, we don't know if he is a lone wolf, he could be part of a pack, that is a future threat to europe. france as what problems. one is populist uprising. but the real problem, larger one, huge network of jihadis, solo or in group against the french government. stuart: i will give you another
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one. socialism in europe is just not sustainable. you can't go on with this cradle to grave, welfare state, no growth in the economy, open borders, you can't do it. >> european union is resisting to maintain that system, but the european public or peoples are rising against it, at some point in time. brussels will have to consider a change in their approaches. stuart: it will be chaos though, isn't it? really nasty when things break apart? >> we can see the introduction to chaos in many places. it will get very bad before it gets much better later. stuart: america by contrast is a rock. >> it's a rock. stuart: just is. a robust, dynamic, capitalist rock. thank heavens. >> at this point in time, absolutely. many countries we do not expect of latin america or even in the middle east wants to copy the american system. stuart: really? >> yes. stuart: unexpected allies. >> we have an arab coalition. we have south korea, japan, others but in america i see argentina, brazil, colombia, forming a bloc that would be all right.
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stuart: wouldn't that be nice. >> it would be in 2019. stuart: walid phares, nice to have you on the show. >> always nice. stuart: good to see you. well, apple, they will spend a billion dollars on a new facility in austin, texas. this is part of a whole series of investments totaling $10 billion in america. the obvious question, is apple doing this to please president trump? smartwatch sales expected to soar next year. not millenials buying them. we'll tell you who is. we'll be back.
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stuart: we may be in the holiday shopping season. some retailers are under pressure. not a rosy forecast from underarm hour. that was down 10% yesterday. down a bit more today. the parent company of tommy bahama, oxford industries, they're down 7% today. parent company of men's wearhouse, taylor brands, they're down a whopping 28% today. retailers right there under pressure. big news from apple. as we said they're investing a billion dollars to build a new campus in austin, texas. first question, lizzie, how many new jobs? liz: it could go to 15,000. so it's right now, it has, can accommodate 5000. it could triple. they want to possibly have 20,000 apple workers in the u.s. by 2023. stuart: they are going to invest 10 billion in the facilities, maybe 20,000 jobs. liz: talking about seattle, san diego, culver city, california, boulder, colorado, boston. is apple doing this to avoid tariffs on independent phones? because iphones as maria
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bartiromo said made overseas. could be? stuart: let's ask gary kaltbaum if they're doing it because president trump wants them to do it? >> i will give it a 25 on a scale of 1 to 100. apple is going to act in its own best interests. when it comes to austin, they already have a campus there already. they're building this one mile away. just remember, one of the great things about texas, and also my great state of florida, no income tax. it is also a technology haven, becoming one. so it is a pretty good move on their part. stuart: smart move. gary, got a question for you in a moment. smartwatchs, there is a surge of new users. i thought millenials, tech people are going for this. apparently not true. so who is buying? liz: senior citizens, faster, double the pace of 18 to, you know, people in their 40s. seniors are using to it monitor their health information and
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also to use it to, you know, commandeer their smart devices in their homes. so it is kind of cool. you can track your blood pressure on the like via smartwatch. stuart: did you say people in 40s are seniors? did you say that. liz: i said up to. they're growing, no, i didn't say that. i did not say that. stuart: a lot of 40 somethings in the audience. liz: i did not say that. stuart: not quite seniors. hey, gary, come back in again. seems checking your health is a pretty good new use for wearable commuters, smartwatches. >> search the words smartwatch saved my live. you will see hundreds and hundreds of people, by the way of all ages said that the smartwatch, my heart rate went up to 190. i went to the doctor, he said, you're lucky i got here. i needed to get a stent because i was 90% blocked. looks like, maybe, i don't know if all these smartwatch people knew how good this was going to be. i think this is great advertising for them. i think they will cell a hell of
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a lot more as we move forward. stuart: at long last that product might find its niche. fitbit sufficient iserring down four bucks. gary, you're all right. have a great day. >> thank you, sir. stuart: britain's theresa may still trying to salvage their "brexit" deal, the eu, however, says there will be no renegotiation. steve hilton coming up on that one. ♪ so lionel, what does being able to trade 24/5 mean to you? well, it means i can trade after the market closes. it's true. so all... evening long. ooh, so close. yes, but also all... night through its entirety.
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come on, all... the time from sunset to sunrise. right. but you can trade... from, from... from darkness to light. ♪ you're not gonna say it are you?
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♪ liz: ah. stuart: don't make out you remember this song. you don't remember this one. the way she looked was way
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beyond compare. liz: i don't remember it. stuart: i do, vividly. check the big board. get me out of this. dow jones averages, nicely higher. up 179 points. that is 3/4 of 1%. how about amazon. i think it is doing well. up 10 bucks at 1600. offering free shipping for everyone. no minimum purchase up to december 18th. prime members, they get free same day delivery till christmas eve. wow, ain't that a deal. stuart: get back to your money, bring in david lefkowitz, ubs senior wealth equity strategist. you believe the market is going up, and you should buy it now. spell it out? >> important point yes, over next six to 12 months the market will be higher. hard to predict the precise bottom of the market. stuart: sure. >> buying into these prices will earn handsome returns next six
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to 12 months. stuart: handsome returns, how much. >> 12 to 14%. stuart: 14%, i will take that. that is handsome indeed. the bull market runs on even though it is 10 years old. >> bull markets don't die of old age. they die when the economy goes into recession. usually the reason we go into recession because the fed races interest rates too much, then banks pull back, gets more expensive to buy a house, because mortgage rates to up. we don't see those conditions right now. therefore recession looks pretty unlikely in the near term. stuart: you don't see an aggressive move by the federal reserve to keep jacking up the cost of money? >> inflation is not a problem. inflation has gone up to the fed's 2% target, comes back down to the 1.8%. this is the way the fed looks at it, right? they have a lot of flexibility now.
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if they want to paws the rate-hiking cycle they can do that. stuart: you're a wealth management guy. you have rich people coming to you invest my money and keep me safe. >> yes. stuart: are you telling them, get into stocks, american stocks? >> yes, telling them now is good time to buy stocks. you want to buy stocks, warren buffett saying you want to be fearful when people are greedy and greedy when people are fearful. there is a lot of fear about the these trades. we think they will recede into the background and you will see solid fundamentals and corporate profits come through in 2019. stuart: i asked the question, literally couple weeks, we're into the new year, that is time people get to dictate where their 401(k) money will be invested. more in stock or more in bonds, more in cash, do that kind of thing. >> sure. stuart: these are not wealthy people by any means. you tell them, stocks are the place to be? >> yes. the stocks are place to be. everyone's portfolio depends on
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objectives and your goals. if you have a longer-term perspective, american stocks look interesting. we also like stocks globally. so we have an equal preference to u.s. stocks, foreign stocks, emerging market stocks. but, as you get closer to the retirement age and beyond, you certainly want bonds as part of your portfolio as well. stuart: i'm of retirement age. so, you're telling me, get into some bonds right now? not in my 401(k), what is the point? >> depends on the horizon. if you need cash in next five years, you probably don't want heavily weighted to stocks. if you have a 10 or 20 year horizon for the capital you're looking to invest, stocks look very attractive right now. stuart: david, thank you very much for joining us. we'll see you again soon. now the european union, they say, no, they're not going to renegotiate "brexit" with britain's prime minister. not giving an inch. steve hilton with us, former david cameron strategy director, host of "the next revolution."
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all right, steve, if the eu will not give an inch, where do we go from here with "brexit"? >> it was always predicted that they wouldn't give an inch. the only truthful thing that theresa may has said about the agreement she has come to is that it is the best that is available because the the eu als has an incentive to make this process as negative as possible for the uk. so there is no majority in the british parliament for theresa may's deal because the people who are pro-"brexit" think that it is not really leaving the eu and the people who were always against "brexit" thinks it is giving away too much of the choices really are nothing gets resolved and they head towards that deadline of march the 29th which is the official deadline for leaving, without any kind of agreement. that is what is called the no deal scenario, or, theresa may decides that the only way out of this situation is to call another referendum.
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but even then, no one can agree what the question would be on that second referendum. the whole thing is such a mess, it is hard to find the words to describe it. stuart: now you obviously are not a big fan of theresa may as prime minister. who would you like to see lead the british government? >> i think that the first point has to be that it is someone who believes in "brexit." there are a number of candidates could do that. i don't want to pick one today, boris johnson or michael goh there are leaders in the cabinet, leaders in the "brexit" movement if you like could step forward but the problem is the only way that happens if there is leadership vacancy in the ruling conservative party. they tried that yesterday and it failed. so they're stuck with theresa may. there is no alternative to theresa may because the rules of the british tory party mean she can't be challenged for another year. so you have got theresa may. there is no way around that. so i think the real answer here,
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what the situation i'd like to see happen is the one i always argued for which is the vote to leave the eu meant leaving the eu, actually the no deal scenario is the right one. you have just got to prepare for it properly. they have wasted two years in this futile negotiating process with the eu, when they could have been preparing by doing things to make britain attractive to britain and investors, cutting corporation tax, cutting regulations, all things that worked here in america. they could do that to counter act the short-term costs of leaving the eu, they haven't done any of that still not too late. stuart: what a mess. what a mess. i do have to ask you about the editorial at the top of the hour i issued forth. i say a handwritten letter is the most private and most secure form of communication now available. now i know you're closely connected with the social networks and googles and facebooks of this world but what do you say? a letter is the last resort, the great privacy vehicle left
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available? >> i think that is exactly right. and i think that, i'm sorry. there is some very loud noise going on right where i am. i don't know if that is coming across to you. but, i totally agree. i think that the way that the technology has started to threaten those basics we take for granted is really unacceptable. i think you're right about that. and i think, in all sorts of ways these tech companies are now trampling all over standards of decency and they need to be called out and challenged on it. stuart: they will be called out and challenged and they will respond when people start shutting off their gmail and closing their facebook accounts. >> yes. stuart: i don't know whether that is happening yet. i have not seen it yet, if it does happen, that is the crunch time for them. >> i exactly agree with that. i think that it is, people need to understand that they do have consumer power. the argument always made with these tech companies, don't worry, we're not monopolies
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entrenched forever, because you can turn away from us with just one click. let's see that happen. that is true but people need to do it. if they do, i think you're right, that is the way to assert what they really care about. stuart: got it. steve hilton, thanks very much indeed. we'll watch the show sunday night, fox news. >> good to see you, stuart. stuart: you got it. i believe we have good news near on trade? china once again buying soybeans from america. jeff flock is with us. jeff, this is very big news for soybean farmers, isn't it? spell it out. >> likely very good news, stuart. we're in the soybean pits which you don't typically see. this is the soybean oil options and this is the soybean on to the left. futures are mainly on the screen and if you look at the screen this morning, you would say stuart, why are soybeans down 13 cents today? last trade i'm looking at the
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board, 907. we're down 13 cents. why? well the market was actually expecting more of a purchase than we got. we got maybe initially 500,000 metric tons and now we're at maybe 1.5 to 2 million metric tons. the market was expecting between eight and nine million metric tons. i talked to a trader who says, here is the other problem with it. state-owned entity, sino grain made some of this purchase. that is government controlled. what they need for the private guys to get back in, because they buy a whole lot more. that is why we're not seeing a bump in soybeans. certainly good news, but still people in these pits, a little bit pins and needles. be here all day. stuart: what is news to me, eight million tons of soybeans available, eight million tons, who knew, with that kind of volume, who knew. >> so many soybeans out there. crazy. stuart: jeff, thanks very much.
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we'll see you again soon. president trump not backing down of his threat to shut down the government to fund the border wall. the president tweeted about it this morning. here it is, here is the tweet. i often state it one way or the other, mexico is going to pay for the wall. this is never changed. our new deal with mexico and canada, the usmca is so much better than the old, very costly anti-u.s. a nafta deal just by the money we save, mexico is paying for the wall. we have this too. senator bernie sanders sitting down for an interview with fox news's bret baier. brett joins us next hour. i want to know is bernie running for president again in 2020? ♪ hi, i'm joan lunden.
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♪ liz: last hour ohio senator senb portman joined us about general motors plans to close a factory in his state of ohio. he is still trying to get gm to reverse its decision. roll tape. >> the plant has produced well for general motors. it's a huge asset. i can't believe they would walk
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away. the we believe the workforce deserves a chance to build a new product. i understand the cruise is not selling well. that is market condition, we get that -- cruze. we understand the community and workers have done a part for gm. we want the opportunity to show it again. as gm is talking about building 20 new electric vehicles, 20 new models the five years alone, that they give us a chance to build one of those models in youngstown. ♪
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stuart: we're till up triple digits but a few minutes ago we were up 200. we're up 110. still up half a percentage point. now this, senator john kennedy louisiana republican he thinks president trump is really serious about shutting down the government if he doesn't get money for a border wall. watch this. >> looks to me like he is serious as four heart attacks and a stroke. he is not bluffing. if i were playing pokewer him right now, and i didn't have the cards i would fold. stuart: the man has a way with words, serious as four heart attacks and a stroke. pete hegseth is here, fox and friends weekend co-host is here. i say shut it down. what say you? >> i agree 1000%, shut it down. the showdown is beneficial for
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the country because it is the right policy i think it is beneficial for him politically. you watched the show, covered it. stuart: i agree. >> this is my shutdown. they should pass it in the house. he says they can, i think they should. show what did what they could do. he stared at chuck schumer, you used to care about illegal immigration, you used to care about a wall, you want open borders. you would shut the government for daca if you could. give me money are to the wall, and you own it all the way. his supporters love it. the people who really haven't understood how important the wall is, will attach to that argument even more than this sort of tell again yaw think they will -- intelligentsia. stuart: i want to comment on the confrontation in the white house, i loved it, flat-out loved it. that is something that you rarely see in the united states, two politicians, political people, going at it about the issue on camera. not in some dark room someplace. not behind closed doors as
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nancy pelosi wanted, but no, democracy. >> as president said, transparency. chuck and nancy wanted out of that room as fast as they could. some people felt like they went to the cameras because they thought they won. they went to the cameras they know they lost this showdown. they wanted to sit there and say, you can't have a shutdown. shutdowns are so bad. that the is establishment thinking. that is the way the establishment republicans and democrats always think. you can't close the government. trump says i will close this thing tomorrow. can't go to the national zoo. panda cam is turned off. non-essential employees don't go to work. who cares. stuart: he is fired up this morning, however, however, let me throw this at you. could you get a compromise to fudge on the language. you might get more money for border security, would that be acceptable at all to the president. >> no fudging. stuart: why? >> he said multiple times, his credibility is at stake. you heard multiple times i don't want to sign this bill.
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there was the swamp budget year-and-a-half ago didn't include border funding. think of billions and billions and billions democrats and republicans wasted on nonsense projects in washington for years. he want as signature campaign promise fund. he held both chamber. republicans are in charge. now is the moment to throw down, no back, halfways, no fudge measures. not getting the full 20. get what you know you can get, do it now. stuart: do you drink coffee before you come on? >> a lot of it. too much. stuart: i knew it. don't evertrust decaf, son -- touch decaf, son, it is not good for you. see you on the weekend. >> you got it. stuart: the feds closing a criminal investigation into seaworld. i don't know what this is all about? liz: basically what it was about the documentary "blackfish" that said, listen, seaworld is abusing its killer whales in captivity. the top executive there went out into the media said, well, i don't see this hurting our
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attendance. turns out attendance was going down. the stock plummet ad year later after people found that out. the justice department dropped the government, the government rather dropped criminal fraud allegations probe. still face a class-action suit. so you know -- stuart: not out of the legal woods? liz: that's correct. stuart: at seaworld. got it. we talk about the videogame revolution on this program very frequently. most of the games we talk about are directed towards men. what about women? they are expected to surpass male gamers by 2020. that is an interesting story. we've got it for you. ♪
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stuart: we're down to a 50-point gain. we had been up 200 not too long ago. all right. new research shows women, women, dominate mobil gaming. 75% of women are playing games on a smartphone, on their smartphone. 68% of smartphone gaming revenue comes from women. gail dickey, gamer world news ceo is with us now.
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wait a second here. 75% of women play games on their smartphones, got it. we're not talking about "fortnite" or that kind of game. we're talking about solitaire, aren't we? >> no, stuart. actually, we're not talk about solitaire. listen the future of gaming is women and -- stuart: wait, wait, a second here. i just said 75% of, that women dominate mobile gaming, right? or games played on a mobile phone, 75% of women do this, they dominate this. what kind of games are they playing? >> they're playing games like "candy crush" by activision division king. we like strategy games. we like games that relief stress, that take away anxiety and worry. i mean i think if you look at any pickup or drop-off schoolyard you're going to see women playing on their mobile phones all day long. stuart: that is not, when i think of gaming and competitive
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gaming, i think of "fortnite" and red dead, all the rest of them. do women play that? >> women like to play strategy games. i'm not saying that women don't play competitive games but they certainly do, but you have a 70 billion-dollar mobile game market and with 9.2 billion in the u.s. in mobile games this year, i think women are an underserved and audience at this point. they like strategy games. we like games that relief stress and use our minds and play for 20 minutes. stuart: gail, i'm with all the way. i'm with all the way. >> okay. stuart: i just want to make sure everybody understands that games on mobile phones like solitaire and "candy crush" are very, very different from games like "fortnite" and all the rest of it but i do want to ask you about dubai, middle east. i hear they're building a 60,000 seat stadium for competitive gaming, is that correct? >> that's what i've been told.
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they're actually looking for space to either build or brand it or they are going to build their own. it is 25% of the population in dubai is between the ages of 15 to 29. so there are very game centric country. i had the opportunity to meet with mbc there, they have game platforms that get 75 million visitors a year. they have 10 million downloads. they deliver prizes to your door. they make it a real family event. talking to the ceo of saeed sharif, he said biggest growth there is going to be mobile. they're doing $5 billion in mobile game revenue. i think it will only succeed that in coming years. it's a phenomenal growth area. stuart: tell me again, what is the worldwide market, worldwide revenue for games, of all kinds? >> so, games of all kinds, we're looking at, $185 billion for the
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global game markets over the next few years. to putto put it in perspective, 100 billion in mobile. we're in a growth spurt. it is an exploding economy of games we're seeing tremendous growth. i don't even think the numbers are right. i think they're low. stuart: $100 billion is not per year, is it? that is over a few years, right? >> 100 billion is expected to reach in 2021. that would be more mobile games globally. stuart: that is a lot of money. gail, thanks -- >> that is a lot. stuart. thank you. stuart: told me a lot i didn't know. the contrast between america and your rob has been on full display especially when looking at the leadership over there and over here. my take on that next. ♪
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i'm .. (vo) 'twas the night before christmas
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and all through the house not a creature was stirring, but everywhere else... there are stores open late for shopping and fun as people seek gifts or even give some. not necessarily wrapped with paper and bows, but gifts of kind deeds, hard work and cold toes. there's magic in the air, on this day, at this time. the world's very much alive at 11:59.
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stuart: what a contrast beard europe, week, cowering, always ready to retreat. america tough, decisive, all writers ready to take the lead. the contrast on full display especially when you look at the leadership over there and over here. emanuel macron is the president of france. talk about retreat. he sticks it to the french people with the global warming tax. macron does a 180. he gives out tax breaks to buy them off. we'll see if that works. donald trump is the president of the united states. to retrieve president of the united states. the retriever had pretty stepped up his tough line on china trade and won some concessions and he was anything but weak when he faced up with top democrats over funding for the wall. give me the money or i'll shut down the government. there is a contrast in economic reformists as well. democrats in love with europe
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will tell you this, but over there they are going into recession. germany's economy is contract mean. italy's economy shows no growth at all over the last 10 years. imagine if america was at a standstill for a decade. the unemployment rate in france just touching 9%. italy 10%. to say socialist europe is struggling, that is an understatement. capitalist america is robust, growing rapidly. 3.7% unemployment is at historic low. we have 7 million unfilled jobs. what a contrast beard odd isn't it better president is reviled for his style of language while delivering prosperity. europe's weekly dose wallow in despair and deliver recession and division. they're so nice, aren't they. the third hour of "varney & company" is about to begin.
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we've got a disagreement over what i just sat in my editorial about the difference between europe and america appeared gerry baker, "wall street journal" out large house on the fox business network is that this now. you only agree with half of what i had to say. >> i don't think there's any question the u.s. economy has over the last 10, 20 years been more robust, more dynamic. there's no doubt about that. what i worry about though is the dynamism in the u.s. economy has been declining over that time and there's a kind of a malaise in much of the west, which a lot of people argue alan greenspan wrote a fascinating new book any notes over the last two decades u.s. productivity has been weaker than it has been an overall economic growth in weaker than it had been in the past and he ascribes that to overregulation, huge growth in
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entitlement spending. the u.s. government is up to a most european models. so i don't disagree. you're absolutely right in terms of what has been going on recently and i think the endless posturing the europeans do tell in the rest of the road they should be more like europe when they are not generating much growth in what they're doing is generating considerable amounts of social and economic unrest as you can see in france and to some extent related to brexit appeared i would just be cautious that the u.s. has got a fundamental economic challenges which is not addressing. stuart: that the minor leagues comment on your part at the minor-league criticism. >> i think the u.s. economy, look, since the crisis, by the way i'm a little bit careful the growth that the u.s. has had over 10 years since the crisis actually owes a lot to the measures put in place or after the crisis by first president bush and then president obama because that the most striking
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difference. the u.s. economy financial system has gone straight back from the crisis. withholding your back is a failure to deal with financial problems so it's a combination of good measures and deregulation on the various things president trump has done. what the u.s. did in 2008, 2009 was critical to rescuing the financial system and laying the foundations for stronger growth or form and spirit again historically not the best beard trimmed to two guys with a british accent. stuart: they should be. raking his son breaks it. this is according to reuters. a spokesman for theresa may says a meaningful vote on brexit likely will not happen before christmas. this is the european union. the e.u. says we are not renegotiating a prime minister is already existing brexit deal. we've got that appeared to want
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to bring in moody's managing your john lonski with us. we got this news on brexit appeared it's not going very well. it's an utter mess. is that a negative for stock market? >> no. globally equity markets are higher today. either way, the town this morning strengthened against the dollar despite the statement. i don't think it's having much of an effect at all. i'm more worried about italian debt. >> that's why you and i live here rather than in britain. stuart: i'm a citizen and you're not. >> what you were saying earlier came over a news story from the european central bank ecb has downgraded its growth forecast through 2021. that is not good news. a 2% growth in europe they break out the champagne, dance, throw a party. we would be disappointed with
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that. stuart: you're not going to disagree with me if i say that europe is facing a series of crises all happening at the same time. and there are serious doubts about the eventual shape and form of the e.u. in coming years. i think they could break out. >> i don't disagree. i 100% agree with you. everybody's focused on brexit and a combination of groundhog day and planes trains and on mobiles. god knows when we look at to the end. richard redgrave. they have structurally very low growth, low productivity, high unemployment. they have a system of government they are not entrepreneurial and on top of all of that into a single -- stuart: they are socialists.
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>> bearse mushed into assistant that keeps all the countries together in one european -- one-size-fits-all policy which simply doesn't work and what we are going to see i suspect are absolutely right the next two to three years is more trouble in europe, more strife, more financial problems and more domestic and social political problems. we will be watching the show. i've got to get this one in on apple. they've announced according to open a billion dollars in austin, texas. that's not a matter, to beard as well as trump would like to see more apple products produced in the united states than in china.
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stuart: would you say? i have a problem i'm -- everyone is very focused on this new environment. and you have a higher proportion of their business activities. it's a smart move politically and in the long-term economics. >> the 1980s. to appease government officials in washington. transfer the tax and regulatory climate you don't see apple opening. they are the u.k. and ireland. stuart: takeback, jerry. by the way, your show is on the fox business network. >> 9:30 eastern on fridays.
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at-large at jerry baker. stuart: we will take it and we will botch. thanks for being with us. >> my pleasure. stuart: the price of oil has moved up a day. $51.40 per barrel. how about gas? keeps on falling. $2.39 as the national average. the birds would love that. it is going down for 64 straight days. the good news one third of all americans will travel for the holidays. they'll drive one third of all americans will be on the road traveling. to the border. president trump says he shut down the government if he doesn't get funding for that wall. if the rnc, republican national committee. they're going to talk to him momentarily. special report interviewing bernie sanders 30 sagrada possible 2020 run. bret will join us later this hour. 46% of voters approve of the job that president trump is doing.
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52% disapprove. his approval level, 46% has barely budged despite the strong economy. now there's a story. and will be back. ♪ the further into winter we go, the heavier i get. and while your pants struggle to support the heavier you, your roof struggles to support the heavier me. [laughter] whoo. [crash] and your cut-rate insurance might not pay for this. so get allstate, you could save money and be better protected from mayhem like me. mayhem is everywhere. so get an allstate agent. are you in good hands?
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stuart: state regulators in california considering a tax on text messaging. it would support programs that make phone service more accessible to the poor. california utility commission says. it's not clear how much the charge should be, but it would likely be a flat charge per customer. how about this skilled workers gap. just not enough qualified people to fill all the available jobs. here's what former dirty jobs host mike rowe told us about that. >> it's not just a skill gap. it is a real gap.
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it is a symptom of our give all the opportunities it seems to be your problem is not the quality of the labor force are the skills that they've got, but the will of the labor force to take the jobs on offer. they don't want these kind of jobs. >> thank you for having me, stuart. nfib has been representing small businesses exclusively for 75 years and we've been serving members monthly for 45 years had we been asking our members what is it that is not qualified
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about the workers that are appearing and then you have the problem of no applicants for some of these jobs. in many cases applicants are qualified because of attitude portability to show up on time or appear in spirit let's not forget in some cases the inability to pass the drug test. there are many things that you can do to prepare yourself for a job they don't really require going back to school. stuart: that's a significant problem and you are talking about the quality of the workforce that comes looking for a job. attitude may be a problem. showing up on time is the problem. what's the other one? drug testing is a problem. what you're saying is a considerable criticism of the workforce who are out there waiting to take a job.
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>> also remember that some of this is no workers, no qualified applicants and or nobody. more jobs than there are bodies. remember the labor force participation rate dropped during the eight years before president trump and what is going to need to happen here is people have to reenter the workforce. people have to come out of retirement, possibly out of school to just create the bodies for the number of jobs for which there are no applicants. and when you consider small business creates two out of every three new jobs come and the people who come into the workforce are going to be working for small business. luckily small business owners were given a great gift last year with 20% small business tax deduction and it's given them more money in their pockets. they are telling us they will use that to raise wages and do training so they can blow those people back into the workforce. stuart: what are employers
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allowed to say to potential workers. are they allowed to say, you know come you've got a up your appearance. we don't like the way you look. if you change, we'll hire you. are you allowed to say that? >> at different in every state and every community. that's the good news here is that our optimism are showing small business owners are paying more and then they are going to use that money, savings from the tax bill to train workers. that is the big story here. their biggest business problem, qualified workers are no applicants. but they do something about it in the small business community. stuart: good for you. very interesting situation we've got here. 7 million available jobs are not the people to sell them.
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fascinating. thank you very much for joining us. we'll see you again real soon. another look at amazon. it did announce free shipping being extended to everyone if you order by december 18th, prime members can shop until christmas eve and get same-day delivery. that is interesting. the stock is turned around up around $10 now 15. the former toys "r" us chief about amazon and the shipping being. take a look at google off nearly 20% from their high mark. that is the stock. up 1 dollar at 1075. trip advisor releasing its most booked attractions at 2018. we will tell you whether the number one spot is the eiffel tower. before we do that, we thought you would like to know stonehenge came in a period
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stuart: not your house? [laughter] now i'm thinking...i'd like to retire early. let's talk about this when we meet next week. edward jones came to manage a trillion dollars in assets under care by focusing our mind on whatever's on yours. our because of smoking.ital. but we still had to have a cigarette. had to. but then, we were like. what are we doing? the nicodermcq patch helps prevent your urge to smoke all day. nicodermcq. you know why, we know how.
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stuart: what is the top tourist attraction around the world this year? trip advisor says number one is rome's colosseum followed by the vatican museum. in third place and the statue of liberty in new york. the louvre and the eiffel tower in paris of course round out the top five. now you know. galactic successfully sent its rocket ship to the edge of space today. two pilots to record heights of about 50 miles above california's mojave desert. they did it today. volvo gearing up to take on tesla, releasing images they plan to launch in california next year. they've got to actually sell these things all across north america by the year after. that would be 2020. that's what they say. nissan getting a makeover to one of its high-end cars, and it's been one of the quickest fastest and best handling cars.
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nissan teamed up with italian tiling house that bill 50 special edition cars to celebrate the gtr's 50th anniversary. the cost is a million bucks each. that is the rear end of it. nintendo super smash brothers ultimate game. it's a smash hit. the fifth installment in the super smash brothers series 1.2 million units the first three days. amazon says it's the best-selling videogame on its site this year. the game first debuted in 1999. back to amazon extending free shipping. i think they have christmas shopping really figured out and that's why they help to kill toys "r" us. we'll see if the former toys "r" us chief agrees with that because he's next on the show. right now, the markets lost all of the gain. we were up 200. now we are up 33. will be back.
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stuart: apple is going to spend a billion dollars on the new
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data center in austin, texas venture greg abbott, governor texas loves that investment. holding a news conference to show how much he loves it. check the big worry then go back up just a little. we were up 200 now at just 60 points. still in the green despite the modest gain. general electric says this thing is going down to six got it right. he said it's going to go up from there. you got that right, too. now $7.32 per share up for the bottom called. amazon extending free shipping to everyone on items purchased by december 18th and prime members get free same-day shipping until christmas eve. look who's here, and outstanding retailer with a long history in the business. the former toys "r" us guide amongst many other things.
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give you credit where credit is due. was that amazon that helps kill toys "r" us? >> is a lot of things that mostly with the leverage following because they took in a lot of debt. you can hit a retailer the stick leverageable killer. stuart: you would admit amazon and wal-mart before them to cookies. stuart: is about a place for many years. wal-mart, target. toys "r" us is kind of holding its own in the marketplace but the leverage just decimated. stuart: i want to talk about targeted because of all your experience in various retailers, target was the big one. a major success. is it true that you increase the market value of target sixfold with your team? >> we had a tremendous team. bob orr was the ceo, we had a tremendous team in every
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position. one of those times a month in the sun, moon, stars align and everything is right. we had a fantastic positioning versus wal-mart. a little higher-end player. stuart: you put yourself a cut above wal-mart. how did you do that? >> and everything you did. we measured everything for the speed of check out. we were like it's going to be the fastest easy shopping. stuart: accounts, doesn't it? i don't want to be in a line for a long time. >> of course the merchandise. something a little bit different and a little bit better. we challenged every vendor to make sure it was just a cut above what was offered at the markets. stuart: how long since you were to target? >> i left there in 2005. >> a fantastic team and one of those times in your career when it's unparalleled combination. >> you know a lot about retailing. i take my hat off i really do.
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down another 4% today. >> if you compare it to where it started it's great. the real difficulty is can it make the transition. just being aware of some and that is serious athletic wear. there's been a massive casualization of the peril that we all wear everyday. yesterday retail brands reporting disappointing results. who wear suits anymore. you know we do because we have to be. jpmorgan may so you can wear casual to work. the biggest trend of all is for an athletic apparel or what they call as leisure set of genes which are the old-fashioned. stuart: what's wrong with under armour? >> to be the kind of clothing that she wear everyday for all purposes and that's what has to be able to do. still just too serious.
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the look of the brand positioning and that is what we're all waiting to see. look, it is still worth $9 billion or something. pretty big company. stuart: i know you're a consultant. bricks and mortar cries i think. >> i started target.com. stuart: are your telling the people you consult with, are you telling them you've got to have an online presence? >> while of course. the most transformational force of our life. it doesn't transcend everything. back in the beginning of the internet is a big speaker of the internet circuit because of those starting in that area and people used to actually give you an internet, each would be just jpmorgan at the time. you know, it was ridiculous because they had to underwrite
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loans. are you a good merchant? it's not enough to be on the internet, but it's impossible unless you're -- the models evolving with a great prefix and it's all general retail, bricks and mortar together. amazon adding bricks and mortar with whole foods. all the bricks and mortar guys have to have internet in order to compete in the customers going to choose how she wants to interact with us. online or in a store. any combination of the above. stuart: you promise to come back because i want to hear about the future of the mall. i'm fascinated. it was a pleasure. thank you, sir. i'm going to switch gears completely. cybersecurity. jeremy owens at the. technology absurd differences to achieve thereof. you say the cybersecurity sector, the sector in the market place is going to take off big time next year.
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make your case. i asked the question because we've had this cybersecurity problem for a long time and we've been hearing about breaches for five years and the cybersecurity stocks are going to take off. why should they take off next year and they haven't really taken off that much previously? >> what we expect to see happen next year is some consolidation in the industry both within the cybersecurity industry and within the industry that depend on cybersecurity. there are far too many vendors. chief security officers of organizations having to line up with 50, 60, 7080, 9100 vendors. we expect to see that consolidated some point. companies buying other companies. big mergers. whenever you see that, you see companies get paid more than they're actually going for a method that you're making right now on cybersecurity stocks and you can look for some that have gotten hit and miss q4 bloodbath intact and try to get them that
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way. stuart: here's my problem. we've obviously got a hacking problem. there's countless hacks going on in the cybersecurity companies don't seem to be able to stop it. >> there is always going to be new ways to attack. cybersecurity is not there to prevent all the time. and try to mitigate the effect can look for trends that they can try to stop. these companies are never going to build a stop cybercrime just like cops are unable to stop crime in cities. and keep an eye knowing what's happening. stuart: no one is going to say you hire us and you'll never be hacked again. they'll never say that while they. >> they might try. i will not trust.
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the concert to avert the [inaudible conversations] executive is heating up because another canadian has been detained in china for questioning. liz: news crossing china has confirmed that yes it has detained not to canadians. you are looking at dennis rodman and not photo because he has facilitated the cultural exchange visit into north korea. he reportedly has detained in the northeast province of china. he would go in for a visit and never showed up. the other gentleman is a diplomat detained in beijing. the official statement now from china they have been detained for engaging in activities that are at china's national security. the problem now is can i cannot confirm their whereabouts. so that is an issue for canada on the heels of the extradition request by the u.s. for the
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huawei executive into the united states. >> it looks like people are going to say this your rest of huawei executive in china. to canadians detained in china. those two are hostages. that's what it looks like. i loath use that word but that's the way people are going to see this. thank you very much. special report bret baier interviewed bernie sanders with a possible 2021. bret baier with the snacks. the latest fox news poll. president trump gets 46% approval, 52% disapproval. not supposed to be like that with a strong economy. we'll ask a question.
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they're also under scrutiny for the suspected hacking of knowing in marriott. let's take a listen. >> if it turns out that it china on marriott, this is a classic for a campaign were china, what they like to do is do a phishing attack can i get into your servers and they said they're not for day seminar for months, but often for years and watch the flow of your data and get
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information from that. but that information of personal data from people around the world. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast.
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stuart: nancy pelosi has struck
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a deal limiting her time as speaker of the house to four years. she made the deal with democrats who vowed to oppose her in the january house for vote. cut a deal for years only. this also limit the time that minority whip steny hoyer and assistant democratic leader jim clay burned can stay in their posts. limited time. special report bret baier interviewed vermont senator bernie sanders. listen to what the good senator had to say about running in 2020. roll tape. >> when you're going to take on wall street and the drug companies and insurance companies, before i decide i want to run about to make sure there is a grassroots support. if there is a run, if there is an eye while. traduce special report does brett bair is with us now. you've got a feeling here when you are talking to senator bernie sanders. did you get to feel that he is going to run? >> yeah, i do. i get the feeling he's going to be back in. i also think there could be
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thousands running for the democratic nomination, probably more than 20. maybe even more than 22 or 24. the interesting thing and i asked him about this was the move on.org straw poll taken this week had beto overwork leading the field of democratic nominee is followed joe biden and then bernie sanders. possibly -- obviously a progressive organization left in the back of bernie sanders in 2016. is it looking around about the grassroots he's going to have to look at some places that may be wanting and needing and thinking about a younger, newer face for the democratic party. stuart: what you make of the latest fox poll that shows president trump of the 46% approval rating pretty much all the way through the year, sort of a narrow range in approval, but always low 50% and that despite a very strong economy. do you have any reason for that disapproval level?
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>> if you face a barrage of stories and media that this president has, i think that the administration has to be happy. we've been up 46%. the range is 43% to 47%. even in this constant barrage it is of their own. there's not a lot of positive coverage of returned airways. stuart: i've got another one for you. forgive me but i want to go back to the standoff. british style house of commons
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parliamentary action because you had to political people facing off talking to each other on camera discussing the issues of the day. you don't see that in america. all these conversations and discussions and negotiations are in the back room someplace. right out front i loved it. they needed a couple in the back. the immigration discussion that they have there. there will be people who will say nancy pelosi, chuck schumer got the better of him, but i think you will write in the long run at the american people will say he's standing on his principles. he is saying we need to see this in one of the interesting parts was when nancy pelosi says the
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cameras need to get out of here and we can negotiate people cringing at that. that's politics. that's what i love. >> that's the way washington is working on it that when you step in the oval office embraces oval office embraces recommending a duration. stuart: we just have to get used to it. not easy. we'll be watching tonight and we thank you for being with us today. i've got another nugget from the fox polls. the top issue the voters are concerned about his health care. in a moment, i'm going to talk to katie mcinerny from the rnc. what are the republicans doing to reassure voters that they are the best party to handle health care? it's a very important issue for everyone. we will be right back. only half the story?
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to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast.
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stuart: to the border president trump says he will shut down the government if he doesn't get funding for the wall. kayleigh mcenany is here, rnc spokesperson.
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are you okay with shutting down the government and may be taking the political blame for it? >> absolutely. the president is smart to level it this way because it's an important issue. a partial government shutdown worth noting only 25%. so if it's a small shutdown and if you look at the stakes for mistakes or that the dhs official came out and said that there were 10 individuals per day. that's a big deal. 17,000 criminals last year allowed in three dozen special interest aliens at the bomb is former dhs had a special interest aliens are very problematic and they pose a grave risk to the nation with 3000 last year. stuart: you are convinced the american public wants the wall and they'll pay a price shutting down the government? go go with us? >> i've no doubt about it. one of the best out there said majority support for a structure on our southern border, not only
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that majority support for the compromise immigration bill that only three democrats voted for in exchange for a visa lottery and daca. the people wanted. stuart: the latest poll fox news found that health care was the number one concern. what are you worried about number one was 83% said health care. i think the democrats are making the running on this. how are republicans going to come back onto the field and win on the issue of health care? >> you get the key point which is no doubt about it health care and here's what needs to happen. we have to dry contrast. obamacare failed us. double-digit premiums increase year-over-year. they want to double down to socialize medicine. he came in, let short-term health care plans back in health care for the first year since obamacare was passed we are
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going to see premiums decline because president trump draws a contrast. stuart: however, the big goblin is obamacare gave health care to millions of people. give it to them. you try to take that away and you've got a political problem. you cannot take away a government service once it's given. stuart: it's a fair point and that is why graham cassidy was a great answer allowing states to decide on a case-by-case basis. it was an understood and is where we need to explain it very clearly going forward because i think 2020 is going to hinge on health care. health care is huge. stuart: have you got a point person to lead on health care? >> people the administration whose legislative affairs, the person you received that. he's at that point other than of course hhs. stuart: are you having fun in your job? you're a spokesperson for the republican national committee. you've got a few a lot of hostile media questions. u.s. come here with a smile.
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>> i do because you allow me to talk about issues. i give you a hard time sometimes. stuart: as you do -- >> what did they say to you today? you've got great producers. great christmas letter. stuart: i just got them in my ear by the way. nonsense they're saying thank you indeed. yes, there will be more "varney" after this.
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♪ ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. stuart: ladies and gentlemen, another volatile day. we went up to 200, came to dead flat, no gain. now we're up 90 points, 24,600 where we are. this is my favorite story of the day. big airports around america today you will see united
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airline flight taken dance, protesting. they say united is cutting staff on international flights and they don't like it. they're not cutting flight attendants but staff. liz: in place of the flight attendant, in flight catering employee, to speed up, reports indicate, in flight meal service. flight attendants don't like they're being cut in place of that individual. stuart: i have to feel bad are to the flight attendants, i can't imagine worse job in the world trying to contain the emotions of a plainful of people. >> right. stuart: get to one more, the white house, we reported it this earliering, the white house canceled the press holiday party. liz: howard kurtz from fox news. essentially no annual white house christmas party of the basically the president has cut back on a lot of things,
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kennedy honors, white house correspondents' dinner. would be difficult in a room with individuals you said you're the fake media, fake news, enemy of the people. last year there was no photo-ops with the president and first lady. so the media didn't have the hang on ego wall of shame in their offices. stuart: the president wants to avoid a shouting match between a very hostile media, with the christmas tree right there and the president and first lady right there. he doesn't want them to abuse this holiday party by getting -- liz: it was annual event. could the president suck it up and do it. stuart: i don't think he has to. why should he? >> sarah sanders saying cnn boycotted last year's party. quote, finally some good news on cnn. stuart: cnn has gone overboard. they are the anti-trump, 24/7 network. i can't watch it.
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liz: forgive me. i shouldn't use suck it up. that was inappropriate. stuart: i'm shocked. liz: i'm shocked too. stuart: thank you for that admission there. i think our time is truly up. in the last three seconds, i will say this, neil, it's yours. neil: apparently i have a lot of company this year not going to the white house christmas party. richard nixon in his worst moments never stopped white house christmas party. part of tradition. that is that. we're following that. what is happening with the president meeting with secretary of state mike pompeo. looking at a china deal that seems to be inching along here but peter navarro was maybe pouring semicold water on some of the rumors you're hearing when he chatted with maria bartiromo this morning. take a look. >> what we're trying for are two objectives that we have to hit. one of course is the market access, which is to buy more stuff, let us get

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