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tv   Cavuto Coast to Coast  FOX Business  April 16, 2019 12:00pm-2:00pm EDT

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they reveal earnings later on this afternoon. that stock is up $1.39. so there is variety of companies going up in advance of the earnings expecting a good profit report. neil, sir, it's yours. neil: stuart, thank you very much. we meanwhile are falling the fallout from the fire at notre dame cathedral. you might recall that it was in the middle after 6 million-dollar renovation. after the fire better than $600 million worth of pledges to rebuild it to its original grand glory. it is coming from a host of key players including apple, l'oreal, lvmh ceo and host of others all pledging to do everything they possibly can to return this 850-year-old architectural diamond to its original glory. but they still want to find out what happened to that glory and how close it came to being fully
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destroyed. los angeles county fire department captain was recently at the cathedral. you know maybe from your vantage point, tony, you can give me an idea having visited it, i remember from multiple visits all the wooden pews and everything else. but what happened? >> well it is hard to know at this point exactly what happened. obviously these things are, you know, are under investigation in the early stages. we're still 24 hours out. but i can tell you the firefighters there in paris did an incredible job because they had such an enormous building they were dealing with. large open ceiling, kind of analogous to a common attic we see in commercial building here in the united states in los angeles for instance. they had you know, very high spire there. it was approximately 300 meters i hear in the air. that really exceeds the distance of any modern aerial master stream they could have directed to that fire. so being able to put big water on a big fire like that, that
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high up in the air is extremely difficult task. and i can only imagine how difficult it was for the firefighters there when that fire got so well established, so quickly, that high up in the air it really, the distance is really exceed the capability of modern fire apparatus. neil: now i know a little bit of the geography here. it sits on a little mini island on the river seine. a lot of people are looking at there was great deal of reluctance to attack the fire aggressively, just doing that would do a lot of damage. what do you think of that? >> i don't know. i don't know that you could characterize it that way. from what i saw the french firefighters went after this thing very aggressively. you know, considering that there was, i've heard there was a pretty substantial save of interior artifacts, artwork. firefighters i'm sure made an
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interior attack, were able to salvage a lot of stuff inside of that building which is of course priceless. their ability to get in there, recover materials and presearch them with the overhead threat of collapse, when you have a wood structure, that high up above firefighters heads, extremely dangerous situation. they were able to salvage a lot of the materials inside. then of course they had to go into more after defensive posture. that is when you see the platform, aerial master streams coming into service. they're able to put heavier water from the outside and really, they were able to maintain and keep that facade from collapsing with all of the structural members stretch across a large building like that, as they start to fail, the ability of that structure to continue standing is really compromised. so i know people are frustrated with the, what they see as a lack of aggression. i saw exactly the opposite. i think the firefighters in
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paris did an admirable job. did a tremendous attack on that fire, you know, being able to save any of the items inside. really preventing the collapse of the outer facade. there is still quite a bit of that structure left in light of an enormous fire. the challenges are incredible. neil: tony your perspective is invaluable. thank you very, very much. tony imbrendo, los angeles county fire department. as tony was speaking here we're getting a statement released by the press secretary of the white house on the cathedral in notre dame in paris and u.s.'s feelings on this morning this day. president trump on behalf of the american people offered his condolences to president emmanuel macron of france for the devastation caused by the fire of the cathedral in notre dame. the united states stands with french citizens, city of paris, millions of visitors around the world who sought solace in that iconic structure. moving ahead here, those bells
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will sound again. we stand with france today and offer our assistance in the rehabilitation of this irreplaceable symbol of western civilization. viva la france. a lot of people are asking about a lot of the valuable artwork and elsewhere that was inside of that cathedral. the fate of those treasures still unclear. french historian on those relics where they might be, what damage was done inside of the cathedral. very good to have you. >> thank you. neil: what do we know of what was taken out prior fortuitously as it would turn out? >> we know there were some statues that were removed for safekeeping as part of the renovation. we also know that some of the most important relics were also, were also rescued. it appears that the bells are of course safe and the glass as well. neil: now the crown of thorns said to, believed by christians to be worn by christ at his
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crucifixion, was that part of the some of the valuable relics taken out prior or was that taken out during the inferno? >> it, sounds to me first of all those are kept in a safe sacristy that is safe from fire and they were then removed. neil: obviously they have to do an assessment everything in there, versus what is left there. do you know, does the structure itself, i was surprised to learn that the famous wooden benches, so much of that interior that is wood survived just just fine. what do you know? >> it does appear that a lot of that has survived and i think that is surprising to many of us who watched the coverage yesterday. so that is something to be incredibly grateful for. neil: there is enormous out pouring of generosity on the part of companies from around the world. i was remembering apple. in france, l'oreal, lvmh,
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richest french citizen, among the richest on earth, together pledging more than $600 million. when you think of that, and you think of the fact that this renovation effort was about $6 million, obviously that was before the church was largely destroyed, that's an amazing testament to people's concern to make this grand again. >> yeah. what is significant about this site this has been a sacred place for not just the 850 years the cathedral had been there, but was the site of two prior christian churches. even before the christian era, it was the site of a roman temple. for thousands of years, for millions of people this has been sacred space. right in front of the cathedral is a plaque in the ground the french call point zero, where all measurements in paris, across france are taken from in terms of distance. so this is really the heart of
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paris. the city grew up around this site and the holy places were built there for that reason, for something i think that you mentioned on the show yesterday. this made you think of the fact that what we have are moments. all right? we have moments in life, our lives are short. we build these kind of structures so that when we go into them we have that experience of you a of being taken out of ourselves, of seeing something that is bigger and greater than we are. for people who have the gift of faith, they feel closer to god but for even secular people, you have the sense that you are in the midst of the grandeur of the human spirit, the human drive for beauty and that's why this place is so significant. now this fire becomes another chapter in the 850 year history of this sacred site and will add to the depths of you a -- ah and
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what it inspires. neil: that is beautifully said, troy. i don't think i could say it said it better. belmont college history professor, as the professor pointed out the goal to return it to its grandeur, remind us vagueries passing of time. it can go on in a second. there are other bigger things to consider that transcend those moments. they're focused on getting that majesty restored. to the parochial concerns here and now, the president's tax returns, a house committee desperate to get their hot little hands on them. edward lawrence at the white house. hey, head ward. reporter: the white house saying that democrats are heading down a dangerous path trying to target president trump. white house press secretary sarah sanders says it is dramatic overreach to demand the president's tax returns. the house ways and means committee chairman said a
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deadline one week from today, in order to get six years the president's tax returns. which sanders says the democrats are not smart enough to understand thousands of pages in the president's tax returns something the economic advisors did not repeat. >> i'm just the president's economist, not his accountant. the president will make that decision on his own. i think it is something that goes all the way back to the election. if the american people were concerned about it he wouldn't be president. reporter: democrats saying they are not only smart enough, they believe the president's grandstanding on issue. house democrats are trying to collect financial information on the president, his family and their companies through the lender. two house committees have now issued subpoenas for deutsche bank to get financial records. house financial services committee and house intelligence committee working with the bank over the past few months to limit the scope of the documents, have finally officially released those subpoenas. in a statement maxine waters, the chairman of one of the committees says the potential use of a financial system for
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illicit purposes is a serious concern. she adds that she will follow the facts wherever they lead. to that the president's son responded with statement saying quote, this s&p is unprecedented abuse of power and simply the latest attempt by house democrats to attack the president and our family for political gain. the white house officially not commenting on these subpoenas. something else the president has been pushing. the eight referrals from the republican members of the intelligence committee to the attorney general for how the russia probe started, fox news has now learned those eight referrals will include conspiracy. it will also be more than just the eight individuals who were referred. back to you, neil. neil: edward lawrences thank you my friend. as edward way saying we're getting word that acting homeland security secretary kevin mcaleenan will travel to mcallen, texas on the border to look at attending of migrants. we'll have more after this.
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in the face of fact, history and the most important, common sense. neil: all right in rockland county, new york, that is likened to sort of ground zero in the sudden measles epidemic here. of course at the heart of it, the fact that a lot of parents have not had their kids vaccinated. in that particular area, that particular county, that has proven to be a very, very sticky issue, not only healthwise but legally. national institute of allergy and infectious diseases direct to, anthony fauci with us. director, thank you for joining us. how bad is the outbreak getting in your eyes? >> it is really quite serious. when you have so many people who are undervaccinated or not vaccinated, the likes of what we're seeing not only in rockland county but also in new york city in the williamsburg section of brooklyn. this is serious situation. we need to do something about by
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getting people vaccinated. the entire situation is based on parents not vaccinating their children when they should be vaccinating them against a disease that is eminently preventable because the measles vaccine not only is safe, it is one of the most effective vaccines we have against any virus. it is paradoxical and frustrating we're going through this outbreak which is completely avoidable. neil: director, help me with the fact that the cases really spiked well beyond rockland county new york. i believe last count north of 555 cases, that was the moats recent period we have of around april 11th, it is showing no signs of letting up. why would they be accelerating? >> they're accelerating, what happens when you have pockets of communities you don't have the umbrella of protection, what we call herd immunity, when you get a certain level of people in the community that are vaccinated the virus does not have a chance to spread.
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when that percentage of vacs seenees go below a certain level, you said correctly 555 cases in the first 3 1/2 months of 2019 which is already much more than we had in all of 2018. so it is getting worse, not better. neil: doctor, what about the significance of looking at the risk pool being those born between 1957 and 1989? can you explain the significance of that? >> yeah. well, in 1957 to 1989, when we had the measles vaccine which today when you go in to get a child vaccinated, they will get two vaccines a prime at 12 to 15 months and a booster it at around four to six years. in the years that you mentioned the measles vaccines was available somewhere around 1963, 64, but for several years they
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were not giving a prime and a boost. so people in that bracket after few years may have been undervaccinated, which means even though they were vaccinated with measles, they don't have the 97% protection that you get when you get the two shots. so what we're saying, is that if you're in that group there, and you're in an area where you might be exposed, you should probably get your physician to give you advice whether or not you want to get the boost if you did not get both boosts prime and boost of the vaccine. neil: doctor, thank you very, very much. i appreciate it. >> good to be with you. neil: all right, meantime if you are planning a spring or summer trip, chances are anyone of these three airlines could make some distressing news for you. united, american and southwest, among those who have some max jets in their arsenal, if you will. those planes have been largely grounded. as a result, they're curtailing, canceling some flights that are scheduled to go out that could
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last well into the summer. travel expert jeanine tortori joins us. i hope i got that right. how bad is this getting? >> something that travelers should definitely keep their eye on, even take some proactive precautions towards as they plan their summer travel. it is definitely going to mean potential for travel disruptions throughout the summer season, delays, cancellations, even rising air fare costs. neil: do you have any control over that? in other words, if you find out that the airline reached you, i don't know how much notice they give you, hey, that flight you were planning to take in june has just been canceled, how much lead time do they give you? >> we don't really know how much lead time they will give travelers. the good news they have proactively, especially when you look at southwest and american who grounded these through august, they have proactively done this through the busy summer travel season that gives
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them lead times and changes adjustments to the schedule and helps the consumer make adjustments f you're a traveler there are things you can do to mitigate the disruptions that can happen to you. look to see if you're currently booked on a 737 max for any of your summer travel flights and if you are proactively -- neil: how would you know? a lot of people don't know necessarily the flight, they don't know the exact plain model? >> you can get on your travel reservation, in many cases you can see which aircraft you are flying on. if you're flying on one of those aircraft, reach out to your airline proactively. they are waiving change fees for travelers that want to make changes to get on different aircraft. while some of these carriers have grounded their entire fleet, there are others who have not yet. you may currently be on a scheduled 737 max flight. you want to mitigate that. make sure you're not in the potential to have that canceled
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later on this summer. another thing to do, if you haven't yet booked your flight, make sure that you are booking the summer flight as soon as possible because with these grounded aircraft, that is going to mean that there is less capacity this summer. all a matter of supply and demand. expect air fares prices to potentially rise significantly as we get closer to the summer season, get ahead of that now. book your flight, so you are getting lower ear -- air fare prices. neil: south which is, american, only ones that had 737 maxes of various sizes? >> there are smaller international carriers as well. if you're planning to fly internationally, check with your connected carrier, make sure that your flights internationally are not affected. neil: wise words all. thank you. >> my pleasure. neil: bernie sanders is long been arguing he is not vilifying the rich. of course the news is he himself is rich.
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>> health care costs money. every other country, virtually every country does it in the same way we do education for our kids. when a kid walks into school, kid doesn't have to take out a credit card, right? it is paid for out of public fund. that is what most countries do. if you're asking me a fair question, are people going to pay more in taxes, yes, but at the end of the day the overwhelmingly of majority of people will end up paying less for health care. neil: all right. so, a lot of folks will end up paying more to uncle sam but you will get a good bang for your buck in terms of benefits like lower health care costs s that indeed the way you see it?
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that is the way certainly bernie sanders sees it. the fall out from that debate last night or town hall forum. a former bernie sanders campaign staffer. vince come nays of "the daily caller" editor. at least give him kudos saying the math wouldn't add up just going after top 1% or even 5%. i have to go after a lot more people to raise money for this, but, but, just as he argued in the 2016 campaign for the democratic nomination, you america, will get a lot more back than you pay in. is that resonating? >> well you know it is not resonating with me and i'll tell you why. when we talk about giving back, talk about those of us who are business owners people like myself. when i went to senator sanders tax return i was disappointed to see on schedule c nothing was paid to employees. nothing was paid to contractors. when you look now he is a now a millionaire, nothing was put
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back, me as struggling single mother actually pay more to contract employees last year than senator bernie sanders. perhaps i need to offer myself to maybe fold a few letters, lick a few envelopes or put a couple stamps on, pass out book marks, neil. i'm looking for a job. i want to say again, you know that, to see it's okay to say we want people to pay more. when you have people who are making more and are actually putting more into the economy, to keep the economy moving forward, which i have done, myself that is what i'm disappointed in. i did not see that on senator sanders tax return. neil: now all about getting the democratic nomination, vince. to that crowd, these cellable, and at track tiff points, right? >> yeah. but once you get into the details they become less attractive. every time this question is polled do you like free stuff, the answer is yes. when you get into the costs mean to you as far as the tax bill, it gets dicey like somebody of bernie sanders. "medicare for all" is expensive.
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the majority of outside studies done show it will be the same exact overall cost or more expensive, typically. majority of surveys show it will be more expensive overall for "medicare for all" than a deal for the american people. one way or another you have to pay for it in your taxes. that is not a good system. neil: when this debate was raging in the last campaign bernie sanders would sort of collectively say, all right, the health care system in this country is broken, but for 150 plus million americans who have private health insurance, they're largely fine with what they have got. they don't relish the high deductibles. they don't necessarily like every feature of private coverage they have but certainly don't want to see that jettisoned junked, in the name of 20 or so million who have gotten obamacare or the affordable care act. do you think that the democratic candidates, sanders included are risking alienating more than those who would be attracted to "medicare for all"? >> well of course, a lot of,
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what the left has failed to do, which is why i'm an independent, they never talk about business, how this affects individuals who are actually running business, who will not only, won't even be a issue not offering private health care, but also an issue not being able to provide a job. my business, i went out of business as staffing firm because of health care reform. i have yet to be able to afford obamacare on my own. sounds good everybody gets health care insurance. we have to talk who will pay for that and talk about what businesses will shut the doors because they will suffer a great amount of income, economy due to the revisions. we need to do something about health care. we all say that i've been on your show before. i talked about my mom passed away from cancer on the campaign trail. this is not new, not an old, new discussion but the question really comes down to who is going to pay for it and what businesses will suffer as a result of this big change? neil: you know, vince, we talked over the years about the great
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elixir, the cure for some ills is a job. if you have a job, with it, health care that comes with many companies that provide such security, you solve a lot of problems. so shouldn't the focus be on that rather than to get the government involved to the point that it almost dismisses that? >> appears absolutely. every time the government gets involved and dominates in an industry it leads to corruption and more expense. he talked about education. he was using that as some sort of symbol, look at success we've had were education. education keeps getting more and more expensive. it's a corrupt system. especially in college education to perpetuate overly innated civil with very little educational outcomes. that is all because the government got involved. we've seen the world over on medicine specifically, when the government gets involved, it gets more expensive, wait times are longer, people lose access to doctors, the idea you would lose access to the employer based insurance a lot of people
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like having a lot more people are signing up to the bernie sanders side of the party on this it is not enchanting voters when they find out the details that is the real mistake of socialism. promising free stuff. when you get into the details it hurts. neil: i will say this, "fox news poll," i don't know the date of it, it shows if donald trump and bernie sanders were to go at each other right now in a general election, bernie sanders would win by three points. again it is early. you politely and nicely remind me, neil, it's early but what do you make of that? >> well, it is early. 2016 showed us that we can't really believe polls. we'll get into it. i think going against donald trump or any entrepreneur would probably question him, not me being a surrogate for trump, simple question, how many people have you put to work? how many people he provided health care for? answer is big 0 according to last year's tax return. those things you will face with donald trump.
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you have to put your money where your mouth is. not enough to say millionaires and billionaires. if you're going to be a millionaire see how much you put back into the economy out of your own pocket. neil: thank you both very, very much. we're talking about united healthcare that posted better-than-expected earnings and revenues. that is still down appreciable stock, expensive stock disproportionately weighing on the dow. we would be up a lot further if not on concern for government intervention that could hurt companies like united health. the dow overall though is up about 42 points. whatever you think of bernie sanders's plan, charlie gasparino has been on the horn with a lot of powerful people including ceo larry fink who are betting on bernie. >> he didn't not specifically speak with me. i've been tweeting reporting out last couple days, he really thinks, who is larry fink? he runs biggest money management
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firm, blackrock. 6 trillion. >> successful investor. >> he is establishment democrat. his name is always bandied about to be treasury secretary. if joe biden wins i think it is a good chance larry fink becomes treasury secretary if he becomes president. what i hear about blackrock, fincke is saying, following politics, this guy is obsessed with it. he really wants to be treasury secretary and he is a democrat. he is talking about how he believes bernie sanders is, has really has, not just a shot but as of now the best shot at winning. now if you look -- neil: even if joe biden runs? >> yes. let me back up a minute and say, look at "the times" today. they ran a story, if, "the times" is plugged into the democratic party establishment. they are seconding that. they're talking about how donors and contributors are really worried about bernie sanders winning, because guess what? despite the poll you just saw, donald trump has a real chance,
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a chance of not just winning re-election but destroying him once it cops out how kooky bernie sanders is. you can put bernie sanders up with trump. trump says crazy stuff, acts nutty. bernie sanders acts nutty. but when it comes, policy, trump enacts mainstream republican policies. say what you want about building a wall whatever. cutting back on immigration is a debate republicans have been having a long time. bernie sanders espouses socialism, real alexandria ocasio-cortez type redistribution of wealth with massive taxes on everybody. that is what, that is what he does. when you make up the point to those two people you just interviewed, most people, 80% of the people are covered by private health insurance. do you want to ruin it for 80% to give 20% medicaid for all? that is what this is going to come down to. would the democratic party
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establishment, "times," lay it out, getting no more establishment player than larry fink, they really think he could win. how could he win? neil: he has more money than any. >> he has more none any and wins in a splintered vote. this is why biden is mad against bernie sanders. much of the stories planted by biden hugging kissing, smelling people's hair, this stuff no one cared about, joe biden is not a philanderer was planted by bernie sanders. neil: there is no proof of that. >> no proof. they believe it. they're plugged in. there is a little proof. one of the woman was an avowed bernie sanders supporter. he smelled her hair a little creepy. i won't smell your hair anymore. neil: please. >> what i'm saying is, that put joe back on his heels. bernie now -- neil: could get nasty. >> in a splintered race. suppose he gets 30% and -- neil: everything is
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proportional. everything is proportional. thank you, buddy. >> okay. neil: we got news from twitter very serious about suspending accounts for those that speak violently or say false things. january to march 100,000 such accounts were suspended. doesn't go into detail what largely they were or how many were affected beyond that, whether this continues but of course it follows criticism on capitol hill that social media companies and the like are not doing enough to police what they have got. twitter is saying oh, yes, we are. we'll have more after this. ife d long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead. talk to your advisor about brighthouse smartcare.
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neil: want to pass a warning from the st. louis fed the housing market increasingly concerned that it is worried that things are getting a little toppy. housing conditions with slope of the yield curve. getting a little wonky here. suffice it to say housing expectations implying yield curve inversion that will be
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proceededded by a decline in housing expectations and a recession approximately a year later. so what they're saying is, that the despite other robust optimistic report on the state of housing when it comes to the st. louis fed, we don't see it. katy-bar-the-door. i don't know if katy-bar-the-door, attached to one of these homes that might be overvalued, you might think about it. meantime we have big bangs, big results some all over the map, showing surprising strength where you look. gerri willis at new york stock exchange with more. gerri? >> all eyes on the bank earnings this morning. start with bank of america reporting mix the results beating on the bottom line with earnings of 70 cents a share versus 66 expectation. good news, stemming largely from 25% profit increase in bank of america's consumer banking business. revenue a bit of a disappointment coming in slightly lower.
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trading operations disappointed with the company saying that they are facing challenging capital markets. talk about blackrock, world's biggest asset manager, reporting earnings that beat expectations as the market rebound prompted investors to poor 65 billion in new cash into the company's investment products. earnings were 661 versus expectations expectations of 6.13. shares 2 1/2% higher as company reported strongest quarter in four years. by the way, ceo larry fink expecting a huge rush into stocks by investors. even as blackrock and other asset managers struggle with declining fees. down 5% year-over-year. average expense ratios, neil, get this, charge by funds have been cut in half since 2000. back to you. neil: wow. thank you very, very much. meantime netflix, we're waiting for that after the bell. it is one of the sort of barometers from the economy. it has become an entertainment
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mutual fund. deirdre bolton with much more on that. >> neil what we're looking for is can netflix reassure investors that is is not burning through so much cash. this is one of the bigger concerns, at the same time, can they continue to add subscribers , remember last quarter, fourth quarter, netflix actually missed on revenue, but they still delivered for eps. they still beat the street as far as earnings. they added the right amount of subscribers. by that i mean, it was didn't blow the numbers out of the water but they added what wall street was expecting. so as far as -- neil: people look at. this particular stock, right? >> yes. i think, too, we want to hear how they're doing in asia. so i spoke with rich greenfield, you know him very well, analyst at btig i will quote him directly, netflix will give sense how customers are doing overseas especially in asia. netflix is increasingly by growth overseas as the u.s. matures. i think really the question, how
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many subscribers are you adding and from which region. that will affect the way the stock is trading. just so i checked options market, projecting 7 to 8% swing, which is more volatile as usual. reed hastings the ceo has more than 1% of the outstanding shares. gerri was talking about some of the institutional investors, blackrock, vanguard, jpm, fidelity, state street are companies that have between one and 9% of netflix holdings. so for people whose 401(k)s may be with perhaps those companies. this is important. neil: along to your point, deutsche bank says this could be a 400-dollar stock. i mean, that is even with the emergence of disney as streaming threat. at 6.99 a month. hulu threat. >> there is a lot of competition. we know that. neil: seem to feel that netflix can absorb it. >> netflix has been the front-runner. there is close to 200 million
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subscribers worldwide. some analysts say 140. some say 200. anyway it is a lot. more than anybody else. to your point there is more competenters. -- competitors. apple is going on line. funny tweet, setting up all the services for my parents so their bill could be easier, we went through, we have amazon prime, we have netflix, we're, no it is not. some cases turning out not necessarily to be cheaper but as net adds is asia. that will move the stock or not. neil: they could all, rising tide for this stuff could lift media votes here. is there a sense from the people you talked to, that netflix has to worry with the disney -- that hit it initially and rebounded? >> it did hit it. people i've been speaking with, rich is one of them saying disney has such loyal brands to its outstanding content so that the people who are going to go
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for disney -- neil: that is disney and stuff they got from fox content. >> names people really like. "the simpsons" came from fox of course. bought lucas films, that has "star wars." a lot of dedicated fans. marvel, people who enjoy that, that is in disney's favor. netflix done a decent job. people complain about the algorithm. sometimes things are suggested, well, not necessarily i don't think for me but "bird box," that was a netflix production. 80 million views they had within the first month. so the original content that they do create tends to be very successful. of course the first one they put on the map was house of cards, then "orange is the new black." there are a lot of original programing. neil: none of that comes cheap. >> none of that comes cheap. that is one of the bigger points just how much are they spending. know all the other players. they spend, netflix spends about eight to 10 times more than
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disney for example out of the get. will spend more than amazon prime but, as you say it comes at a cost. they're burning through cash like crazy. neil: just as disney will sick up the cost of providing a 6.99 service to sort of inflict some damage. >> netflix spends between 11 and 12 billion a year, put that against apple's one billion you can see netflix does spend more. that is something that makes some investors nervous. listen with 140 million subscribers, 200 million and growing, don't worry about it. neil: don't cut the chord. thank you, deirdre. lori loughlin feels she is not guilty and her husband feels the same way. she has different take than parents caught up in the college scandal. you want to hear why it's a winning legal strategy. is it? ♪ (indistinguishable muttering)
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neil: well, lori loughlin is pleading not guilty in this college scam case. apparently she says any other parent in her position would do
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the exact same thing. whether that could keep her free from law enforcement is anyone's guess. if anyone would know, he joins us right now, a former federal prosecutor fred tici who takes all of this in. what do you think of her argument, any parent would have done the exact same thing? >> thanks for having me, neil. it's a stone loser, which is a legal term. in essence she's saying any parent, i have four children, i don't remember paying 500 grand, lying, saying my kids rode crew. i rode crew. i know what it's like to get up at 6:00 in the morning. to the extent she's trying to argue everybody does it, not everybody does it. that's not going to get her anywhere. to the extent that they are starting to try and say i didn't know it was illegal, you don't have to watch dragnet reruns to know ignorance of the law is never a defense. she can play that all she wants. that may work in a hallmark movie. it will never work in court. neil: now, but you know, they are going to obviously go through grades of what parents do to get their kids in good schools and obviously, from the
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resume and all of this other stuff and that is essentially where a couple of the other parents seem to be coming from, that they were not aware this stuff was wrong, but again, ignorance as a defense is, to your point, no defense. she gave is a good, no pun intended, college try. what do you make of it? >> there's a difference between puffery and flat-out fraud. it's one thing to puff up your resume. be one thing if they said my daughter was national coxswain for the crew. it's another to engage in flat out fraud. they knew their children didn't row crew. they paid $500,000 to ostensibly get their daughters into a particular school and at the end of the day, in order for the government to prevail they have to show there was an agreement to do something wrong, unlawful, and one step in furtherance of that, an overt act. given the wire transfers of the
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money, that's a phone-in. neil: fred telling it like it is. good seeing you. wouldn't it be great for the folks who are trying to rebuild the notre dame cathedral if there were 3d images of the thing dating back years that would detail exactly where everything was? there's a game maker who has such a detailed chart of this institution. after this.
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neil: a few moments ago, st. patrick's cathedral on fifth avenue here in new york marking the beginning of the notre dame fire 24 hours ago. one of the older, more magnificent churches in this country, a little bit more than 100 years old, paying homage to an institution of better than 850 years in france. fox news media reporter is live in paris with the very latest. ray, doesn't look like there's any shortage of interested parties who want to help make that cathedral whole again, huh? reporter: no, neil. from hundreds of millions of dollars in donations to the thousands of people who are just standing alongside us looking across the river at the notre dame cathedral, many people want to get this place rebuilt as fast as possible.
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but now that firefighting is over and an investigation described as quote, long and complex has begun, workers from five companies who were hired to do the restoration will be interviewed over the next several days and weeks ahead, but there's been a lot of work going on at the cathedral today. if you take a look behind me, they have got a large black crane that's going up to the top of one of the spires. it is wrapped around a statue. earlier, there was a yellow lift that had gone up to that statue and four workers inside who actually just a moment ago started making their way back up, began sawing that statue off. throughout the day we have heard they are still concerned about damage to some of the stone and the weight of some of these statues. efforts are already being made to get this place rebuilt. >> we will rebuild this cathedral all together. and it's without a doubt part of
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the french, part we will carry out and we will call upon the best talents in the world so that we can rebuild. reporter: the cathedral is a unesco world heritage site and today, the director of unesco says work needs to begin immediately to save the remaining structure. she explained that the first 24 to 48 hours are crucial to protecting the stone and wood from water damage and assessing the next steps. she also warned that parts of the cathedral, in particular the metal beam that has been placed for the roof construction, are extremely fragile. many locals have been here throughout the day mourning. the cathedral was described by one local as a symbol for france politically, spiritually and intellectually. >> it's horrible.
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straightforward horrible. i hope they will be able to pick up again. reporter: neil, the good news is some of the most important artifacts were saved. the organ which dates back to the 1730s and has an estimated 8,000 pipes survived the fire. in addition, the chaplain of the paris fire brigade is being lauded as a hero for leading a team inside. apparently they were able to save the crown of thorns. back to you. neil: thank you very much, ray bogan. the crown of thorns are those believed by christians around the world to be the thorns worn by jesus himself at his crucifixion. a significant development to put it mildly. for a lot of experts who are combing through these ruins now, a good deal of this structure is now ruined, it would be very handy to have some sort of
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guide, because hard paper copies of something that dates back eight and a half centuries is hard to come by. believe it or not, there is a video game maker, that features a stunning 3d reproduction of that cathedral that was more than two years in the making, that painstakingly reviews every floor, every corner, down to every brick and stone that dates back to its original founding more than eight centuries ago. the french architectural historian joins us now. very good to have you. i was not aware such a detailed reproduction or at least 3d image of this cathedral exists, but i'm told by almost everyone that this is as detailed as you can get. >> yes. i think it's a stunning piece of work, piece of scholarship,
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piece of draftsmanship. it will be very useful. i must also say the cathedral had been very thoroughly restored in the 19th century so the drawings of the 19th century exquisite water color drawings are still existing and will also be a tremendous help for what is expected now as an intense collective effort to document what needs to be done and to do it. neil: you're quite right. much was based on the centuries old drawings. i'm wondering, do we know for sure what was cleared out prior to this? i know they were starting a renovation, $6 million renovation, and that ahead of that, they did remove some priceless piece of artwork but what is missing now? >> so they had removed 12 copper
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statues which are kept safely somewhere. inside, the situation is not fully clear to this day. obviously, obviously the interior is standing, so i think it's to the credit of medieval builders that the stone cover of the nave has resisted the fire. what is lost is what is usually called the forest, i.e., the 100 meters long carpentry holding the roof, and the roof itself. but it will be rebuilt. what is yet unknown is for instance, the condition of the stained glass windows. some of them, some of the stained glass roses have a diameter of 12 meters and apparently, the lead has suffered, the lead has melted in some places and this might be
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one of the most difficult things to replace and restore, although they have also been very thoroughly documented by past scholars. neil: we hope so. professor, thank you. very good having you. >> my pleasure. neil: back to more mundane concerns like, i don't know, the president's taxes. that seems to be the fixation in this country right now, where a house committee, actually a couple of them, trying to get their hands on presidential returns that go way back before donald trump was even president or considering a run for president. the former financial services roundtable president, 2012 gop presidential candidate tim pawlenty on all of that. very good to have you, sir. how are you doing? >> good to be with you. i'm doing great, thanks. neil: excellent. let's first of all get your view of this. this is a concerted effort to get the president's returns and one way or the other, house ways and means chief among others saying we have a legal basis for getting them now.
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what is the change now on which he bases that? >> well, i think he or other members of congress have cited some potential links to deutsche bank which of course is a large german bank, and donald trump's pre-presidential activities relating to deutsche bank and the need for the tax returns to see if there's some impropriety related to that bank and the tax returns. however, the eu, german officials, the new york attorney general, as well as the mueller probe, as well as i believe other federal authorities, have all looked at or are looking at deutsche bank with those concerns in mind. so for congress to now say we also have to do it is really just an unnecessary poke in the eye at this point, unless and until it can be shown that one of those other investigations is blocked or delayed or somehow been mishandled. that's not the case so far. neil: you are talking about way beyond the mueller probe, some of the spinoff probes started by a number of districts around the country, including here in new
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york and virginia, whathave you. they could always get that themselves, right, these various committees looking into this, but where does this go? >> well, i think it goes -- what they should do, if we are going to restore the political process and bring some sense of healing back to this increasingly polarized and i would say unfortunate situation, somebody has to at least take small steps to say we're not going to poke each other in the eye unnecessarily. when you have four or five other investigations going on with the same questions at issue, the very least congress could do is say let's see how those play out before we begin, you know, poke the president in the eye over his tax returns, which they know is a mammoth sore spot and fight with him. neil: you know, whatever your view as a republican and former presidential candidate yourself, do you think it's a good idea for anyone running for the highest office in the land to
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put it all out there, get your taxes out there, for good or not, obviously it didn't impact donald trump getting to the white house, but on that basis alone, all the democratic candidates are doing it, most of the republican candidates in the past have done it. what do you think? >> well, it's been a custom or a norm and what we know about this president is he defies a lot of customs and a lot of norms so it's not a law, it's not a binding requirement, so it's within his discretion to not produce them. he's chosen not to. by the way, the american people knowing that elected him. i think that really resolves the issue, unless and until somebody can demonstrate, you know, there's some impropriety or other reason to get those returns. again, a bunch of authorities are working that in the proper channels and they don't need to politicize it in congress. neil: but if a democrat were reluctant, say even a democratic nominee, to release his or her returns, wouldn't you be critical of that? wouldn't even donald trump be critical? >> i have said in the past that
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he should have released his returns as well, or some of them, or summary or something. every candidate has. but the fact of the matter is, he decided not to. it's not required. people elected him with that omission. neil: -- mitt romney before he became senator had argued he had something to hide, you don't believe that was the case? >> i think in this country, you can't just go around and accuse people of having something to hide without, you know, some probable cause. again, there may turn out to be a problem with deutsche bank or some of the real estate or may not even involve trump, it may involve money laundering or russian real estate investigations or investments, who knows. but again, that should be handled through proper channels, not as part of the political circus that it's become, this discussion in our country, sadly. neil: governor tim pawlenty, thank you very much. >> you're welcome, neil. neil: all right. maybe there is a way to solve the border problem that wouldn't have to be sanctuary cities and shipping people there. after this. moving is hard.
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[ sigh ] introducing an easier way to move with xfinity. it's just another way we're working to make your life simple, easy, awesome. go to xfinity.com/moving to get started. neil: the acting homeland security secretary will get a chance to visit the border along the texas border with mexico. in the meantime, there's talk about if sanctuary cities are not an option, what could be for
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the migrants in and coming through that area. we have more on that. reporter: neil, i'm not actually on the border, i'm about 150 miles north of that, but this is a border fence. a lot of people oppose the fence, number one, time and money, right? $1 billion for 57 miles, that doesn't cut it. one mile every two weeks, that's not good enough. many democrats prefer technology, cameras, sensors. this arizona company is offering both. they had a demonstration project early today. what did they do? number one, a trencher came in and put in a six-foot deep trench here. then they dropped in the premade steel fence. this is 56 feet long and they literally dropped it in, then about 20 minutes later, they brought in the cement, pouring the foundation. what's unique here is there's a fib
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fiberoptic cable on both sides that detect people coming towards it, vehicles maybe 20 feet away. it can see if they are climbing, if they are trenching, any and all of the above. they are also saying they can build a road as well as cameras and radar. how much? $3.3 billion for 214 miles in 14 months. senator bill kcassidy told us h was impressed with what he saw. >> somebody has the ability to do it faster, cheaper, at a higher quality, bonding, if you will, to protect the taxpayer from all those claims not being true, i'm interested in that. i think the taxpayer is as well. reporter: so for perspective, the border is 2,000 miles long. we have right now about 754 miles that is fence, two-thirds of that for pedestrians, one-third only stops vehicles. the president wants another 450 miles total at least by the end of his term in 2020. about a dozen congressmen have
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been invited here, democrats included, but none of those showed up. what we are told today is yes, is this a lobbying effort, is it a dog and pony show, is it a demonstration, yeah. but the congressman told us it provides them a yardstick with which to judge other bids as well. basically they took the 214 miles that dhs and cbp said were priority, they said we can do it for $3.3 billion. neil? neil: thank you, my friend. well, the former deputy assistant secretary of this fine country is saying you know, we should focus on the kind of things that would maybe nip the problem in the bud by addressing the countries from which so many migrants are coming in the first place. maybe help them, it would help what's going on at the border. the deputy assistant secretary of the army, van hipp, with us now. explain what you are talking about. >> i have long been for a two-pronged strategy. sure, we have to secure the
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border. i have been for implementing the 2006 secure fence act for many, many years. let me tell you, i believe the military framework exists right now, neil, to work with our allies in el salvador, guatemala and honduras to attack this problem at its root. mexico isn't going to be any help. they have aided and abetted this border crisis. they have refused to secure their own southern border and deploy their federal police. the framework exists. go back to look at colombia. 10, 15 years ago, it was destabilized. it was in bad shape. our u.s. army civil affairs and psychological operations command worked with colombian authorities to stabilize that country, to do counterterrorism activities, to work with them to help them stand up their own civil affairs and psychological operations command. i would take that military unit, i would also take joint task force bravo under u.s. southern command. they are in honduras, for years they have been doing a lot of
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great military training with the medical units, engineer units. i would take -- i worked with them almost 20 years ago. i would take that command. thirdly, i would take the national guard bureau state partnership program. the new hampshire national guard has worked with el salvador for almost 20 years. puerto rico national guard has worked with honduras. oh, by the way, the arkansas national guard just got back recently from guatemala. we need a coordinated, concerted effort with those three commands and i would add one more component. i would add u.s. military police units to it. let's work with our allies. those are friendly, pro-american countries. let's have a concerted effort with them to nip it in the bud. you know, i think it was harry truman who said the president of the united states has the power to do whatever it takes to keep this country from going to hell. i think if we implement this kind of strategy, show we mean business and are not kidding around anymore, and it will send a strong message to mexico. neil: let's say the part where
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you try to economically help whether it's mexico or those countries, latin american countries south of mexico, and you really bring them up to speed, they would never be at our speed. the attractiveness of the united states compared to any of their even dramatically improved countries would be such that they would still want to leave for something better here. it's what's drawn people for centuries. then what? what do you do? >> well, the civil affairs units know how to get a country back up and running. these guys are real experts. most of them are in our reserve and national guard component. they are experts, they know how to get power plants up and running. they know how to oversee a bridge and road construction. really how to get a country back up and working. they are the best. look at what they did in colombia. it's a great model. we need to learn those lessons. i would think the concerted effort of those three commands and have the military police unit capability and work with the allies, work with them, train them, work with them and
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then i would depend on the civil affairs units for the right kind of assessment on what they need from an economic and financial standpoint. let's get our folks who are trained and know this stuff on the ground who have that capability. this is how you help nip it in the bud. neil: related to what you said, i want to share this news flash with you. the trump administration is looking to tighten our cuban policy and allowing lawsuits against companies that use properties seized in the revolution, in other words, making it much tougher for folks to do business with now this open relationship we have with cuba. what do you think of that? >> well, look, cuba does not have clean hands. they are still constantly up to no good. i talked to some folks now who are concerned they along with others are helping to exacerbate the situation along our southern border. so i'm a marco rubio kind of republican who believes we have to be tough with cuba.
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neil: all right. great catching up with you. >> great to be with you. neil: all right. well, democrats are set to pounce on the mueller report, we are told, no matter what is in that report and no matter how little has been ultimately redacted. but did unions, generally very friendly to democrats, say it is time to move on? after this. you wouldn't accept an incomplete job
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neil: all right. forget about whether it's the economy, stupid. there are a growing number of democrats concerned that the party has shifted to the, well, it's the mueller report, stupid and that will be the focus of anything and everything right up til and maybe through the 2020 election. leave it to generally democratic party friendly unions to say you might want to get back to the kind of stuff that had us win the white house in the past and had us take over the house in the most recent midterm election. to the hill's editor in chief. lot of these unions are saying,
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apparently, sure, there are a lot of things open-ended on the mueller report, sure, we will find out about them thursday, what's in there, maybe beyond redactions, but the prize is on economic matters. do you agree with that? >> i do. i think it's a real problem if democrats say well, we need to pick up where bob mueller left off. there's going to be stuff in here, neil, that's probably not good for the president but we know what the final conclusions are and as you mentioned, they won the house, democrats won the house not talking about impeachment. they talked about their agenda. so i think in the short term, the white house could take a bit of a hit from whatever is in this 400 page report but in the long term, it could divide democrats going into 2020. neil: all right. obviously, there are many who see a great opening there, but the economy polls well, the midterm experience stressing health care obviously delivered well in capturing 40 seats in the house, but there are those who won't let go. maybe there will be something in that report that will warrant
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them not letting go so quickly, but others are arguing you know, the economy is so strong and the markets have been doing so well, it might be a good strategy to look at something else. what do you think? >> well, for republicans, it's a pretty easy script as long as the economy stays healthy, are you better off than you were four years ago. to most people, the answer is going to be yes. now, democrats i think are going to be stuck because there's going to be some on the left like ocasio-cortez who say hey, we need to do oversight, we need to continue investigations, and also, the 2020 candidates. they are trying to appease the left. i think the unions are trying to get back to the chuck schumer playbook of helping the middle class, but the economy is a tricky one for democrats because it has gotten better since trump was elected. whether you blame trump or you give credit to obama or give credit to trump, that is a fact. neil: so help me with this, bob. the president when he was in minnesota was talking about the tax cuts have produced, you
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know, what has been declining unemployment rate, in minnesota it was a state he barely lost, but he lost it, he thinks he can take it. others are pointing to more problematic culture in the m midwestern states he did win. how do you see it factoring out in those states? >> fascinating that he almost won minnesota. i do think the key states here are going to be certainly wisconsin and michigan and pennsylvania. he won all three narrowly, but stunned the political world, basically, by winning those states. democrats really just have to win those states back. that's not an easy task, but if they win those three states and win everything else they won last time, they win. so trump knows that. that's why he's going to these states. he's going to be there repeatedly. neil: real quickly, you have bernie sanders talking about higher taxes on wealthy, and even though he is positing that yesterday, you will get more than you are paying in was
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essentially his message. how is that as a message for a potential democratic nominee? >> i think when he's talking about the price tag of his ideas like medicare for all and $32 trillion which has been estimated by non-partisan people, that's a problem for him. but did he do well in that town hall? absolutely. i think he was smart to do it. neil: i agree with you on those counts. which should make you run the other way. always good seeing you. thank you. >> thanks, neil. neil: netflix reports earnings after the bell. it was a point earlier in the week when a lot of people talked about disney's streaming service for about seven bucks a month and said this is going to be a netflix killer. funny how that's sorting out. after this. how do you gauge the greatness of an suv?
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neil: we talked about this a little earlier but it is fascinating. there is a video game, assassin's creed 3d that maps notre dame in enormous detail,
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of the cathedral. this was two years in the making and apparently, is so impressive that those who administer and are in charge of the cathedral itself keep copies of it on hand because they find it to be a reference point. game world news entertainment host says it's obviously going to be very helpful in trying to retrace what might have been there and what isn't there or they can't account for. the detail on this game by almost all accounts is remarkable. do you know much about it? >> yeah. it's really fascinating. assassin's creed unity was a game based during the french revolution and all of the games in the assassin's creed series are known for creating things with a lot of historical accuracy. so the senior artist for this game, she took about two years to create notre dame, it's a one to one recreation and it is pretty spot-on. one thing i want to mention that's interesting, a lot of
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notre dame is actually protected by copyright. there were some things they couldn't get exactly right. like if you go into notre dame, there's a very impressive organ within the cathedral and they had to make some aesthetic changes to it. also, assassin's creed is one of those video games where it's very acrobatic. you swing around from location to location so they added things to facilitate game play. for the most part, it is very spot-on. neil: i remember myself having visited there a number of times, apparently they were shouting at me in french not to take any pictures and i kept taking them. my wife understood exactly what they were saying and saying hey, idiot, stop it. but they are very, very guarded about it. i'm sure they remain that way even now in the rebuilding process. we do know of a lot of artwork and statues and others that were moved out of there ahead of the renovation, but that isn't evident in the game itself, is it? >> yeah, because the game was actually set around the time of
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the french revolution, the interior looked a lot more different. they had to populate it and do certain things with it but i think it's going to be a very useful resource for them when they go about reconstructing notre dame. the thing that was also very interesting about it was that when they created the spire, they actually used a modern version of notre dame's spire. during the time of the french revolution, that spire existed but was in a much smaller form. so in retrospect, when they are looking back and trying to make repairs to the cathedral, it could actually be useful because they actually have the modern spire there. neil: you know there will be bad news for kids around the world who will remind their parents, see, they are using this for advanced studies at rebuilding an old cathedral so i should continue gaming. that's essentially what you're saying. >> well, it's very tricky because when you are looking at games like assassin's creed, these are triple-a level games with huge budgets. a lot of times there's a real demand for games that have this kind of historical accuracy.
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that's the reason why assassin's creed is very popular. there's another game coming out which is going to be based on a recreation of feudal japan. i feel like games like that that can tell a compelling story, that have this high level presentation, i would say that it is pretty much indistinguishable from art. as you can see in this situation with the fire at notre dame, there can actually be a lot of historical relevance as well. neil: you're right. thank you very, very much. >> my pleasure. neil: meanwhile, back to the corner of wall and broad, getting knee-deep in earnings season. these are the numbers coming in from the first three months of the year. right now, they are running a little bit ahead of expectations. after the bell, we will hear from the likes of netflix and ibm, but the general expectation is that earnings in this first quarter versus last quarter are going to contract a little, maybe 2%, 2.5%, something we have not seen in years. but again, if they are coming in as they have been for the most part, again, precious few, maybe
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they will beat on the upside. let's get the read. she would not be surprised if companies fostered this by deliberately lowballing estimates and surprising on the upside. that would certainly not be the first time we have seen that, katherine. good to have you. what do you expect when all is said and done on first quarter earnings? >> hi, neil. yeah, i don't think that's out of the realm of possibility. certainly there is some fluff packed into guidance in the sense that you put in a cushion there and you expect the market to reprice to the upside if you beat those lowballed expectations. i would also add in one thing. i think it's important to consider that last year's statistically a very high base so you have very strong earnings growth last year. so you should expect a deceleration in earnings. i would not expect a 25% year, second consecutive year. what i am expecting is 8% in expansion of earnings this year. i think the u.s. is doing -- is
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still in an economic expansionary phase, recession is not imminent. i think the trade war is going to be very helpful and corporations are from a very fundamental sense responding to consumer demand. neil: so let's talk about the earnings we have thus far, especially in the financial community, where we have had some of the bigger players come out with mixed results. by and large, absorbing what has been a low rate environment. i know we had one hike in that quarter. but doing okay. what do you make of that? >> doing okay. i agree with you. in financials, especially, especially after we got the market pricing in two cuts by the fed. that's bad for financials and we saw financials drop off after the ten-year treasury yield fell to 2.35, around there. at that point we recommended go long financials, financials are cyclical. that means they do well in economic boom. we have lower regulation for financials and i think that we are going to get the ten-year treasury going higher to 3% by
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the end of this year. that's from 2.5, 2.6 where we are right now. i think the fed doesn't cut this year. i don't think there's any reason to cut this year. so i think the fed will hold rates where they are, which will incite ten-year treasury yields to go higher. neil: guidance means a lot, right, what companies are saying about the environment going forward. >> sure. sure. of course. guidance is critical. guidance has been pretty conservative, especially when we were, you know, kind of damped down by the expectation of trade war, of u.s. recession, of all these fear factors, the fed hiking rates. now i suspect that going forward through the course of 2019, guidance is going to rise a bit. the fact is, no one is talking about trade war anymore because there is no trade war. i would even argue that there wasn't a trade war. there was a negotiation going on. so under the current circumstances, they are conducive for corporate earnings expansion and i would expect the
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s&p to continue to do well. that said, i am recommending that my institutional clients start buying puts on the s&p december expiration because i think it's prudent to protect your upside profits at these levels. neil: very, very interesting. again, not too far from highs on the dow, little more than 400 points. we will follow it closely. thank you very, very much. mayor pete buttigieg is certainly getting a lot of attention right now. what if i told you in the first 24 hours after formally announcing he is running for the highest office in the land, his campaign took in better than $1 million and a lot of those in small donations. why that is significant, after this. everyone's got to listen to mom. when it comes to reducing the sugar in your family's diet,
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where i come from, both in terms of the day job i have just outside of washington and the region i'm from, the same part of the industrial midwest that frankly was so successful to the current president's message last time around. it's important to have this important conversation. i don't think anyone has a lock on it. neil: mayor pete buttigieg now doing what appears to be, whether you like what he's
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saying or not, right now he's certainly moving in polls. at number one, two or three in key early states, including iowa, including new hampshire and once officially making his entrance into the race known, remember, he had formed an exploratory committee, $1 million raised in that brief interim. he's raised close to $9 million to date. this was a guy who was unknown pretty much to the world but getting quickly known to the world right now. democratic fund-raiser donor, national real estate developer don peoples on all of that. in a crowded field he certainly stands out, 37, harvard graduate, rhodes scholar, gay, all of that. how is this happening? >> one, he's unknown and will soon be forgotten. at the end of the day, democrats are desperately looking for a candidate with charisma who can emerge from the pack. with new ideas. i think one of the challenges is that the democratic crop right now is kind of just like follow the issue. they are letting this social
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issue, this social agenda, and this class warfare dictate their politics. if you look at pretty much everyone who is running from the left or center on the democratic side is saying the same thing. i think -- neil: he's a little different. he's less of a bomb thrower. i don't know much about that. he's very, very young. it's one thing when i had to deal with barack obama when he came in was a little younger than me. this guy could be my son. that's another thing. having said that, what do you think that's registering here? he's taken beto off the front pages for awhile. maybe they all take turns. what's going on here? >> i think the democrats and the media, the liberal media, is searching for a candidate, searching for someone that everyone can kind of get behind, and they have systematically begun to destroy biden which i think biden will overcome this, and biden should be the one who runs. he should be the nominee. neil: a lot of reports that it's sanders people, you don't know
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the origin of the stories that come out, but i have noticed just reading a lot of the press, there are a lot more editorials that zing biden right now. this guy, the mayor is getting a good deal of attention, just as beto o'rourke was. it's like democrats among themselves are wrestling, we want someone old, seasoned and been there a long time, or do we want someone new and fresh. where are they? >> well, if we want someone seasoned and experienced and qualified, that eliminates the current crop, doesn't it. so they are all united because biden creates a problem for all of them. biden gets in the race, he should win the nomination. he will be the leader of the fund-raising. neil: you could argue that's in bernie sanders' favor? >> no one in their right mind thinks bernie sanders ever will become president of the united states. there would be a mass exodus to canada if bernie sanders -- he's never going to become president of the united states, thank god. there are democrats who would not vote for him. neil: we elected an african-american president of
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the united states, same sentiment, we will never elect a gay president of the united states. what do you think? >> that's different in terms of where people stand. americans look at where candidates stand, where their leaders stand. neil: we don't really know where the mayor stands which might help, right? he's more pragmatic than some of them, lower key. what do you think? >> the media gives it, the media takes it away. he's the flavor of the moment. he's got his 15 minutes. aoc has had her 15 minutes. now the party establishment is united against taking her out. so i think they are searching but ultimately, there's this effort, this concerted effort by those who want change, those who are on the far left, to try to stop biden, because if he gets in, he's going to have the broadest appeal and he is the best chance for the democrats to regain the presidency. neil: he's run in two other campaigns, i'm talking before he became barack obama's vice president. not impressive. now obviously things have changed, different world, i get
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that. but maybe they are putting their chips on a guy who might not get it done. >> we got to look at who he's running against. politics is all about who your opponent is. so biden's opponent will be donald trump. neil: you don't give much credence to the bill weld challenge? >> no. donald trump will be the republican nominee for president unless he chooses not to run. if he chooses not to run, then there's an open field. otherwise, he will be the nominee and if you look at his policies, they are far less offensive to the majority of the country as his rhetoric and his messaging. i think we all want to see some form of border control. we all want to see a strong economy. we all want to see an expanding economy. we all want to see a stronger america. so i think that they need someone who is going to be able to say i can do the job better and i'm ready to lead day one. i have always said, i said this before, biden should pick one of
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these other democratic candidates, maybe kamala harris, as vice president, and then she will get four years to determine whether she qualifies. neil: i always think that sounds arrogant. >> you pick somebody and say you are going to pick them and it's going to be a team. neil: so they run as a team now? in other words, they don't wait until the convention? >> no. i think that that's his pathway to victory. i think biden is the best chance the democrats have. neil: all this other stuff, the me too movement and smelling women's hair, all that stuff, you think that all goes away? >> it's a sad day that that's what we're discussing. i think joe biden is a good human being. neil: my producer told me to come up with that question. i don't believe that he did. let me get your take on the mood of the nation. to hear a lot of democratic candidates talk about it, we got to raise taxes, bernie sanders yesterday saying that it's the only way you can sort of rectify this gap, this wage gap, this
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wealth gap that exists in this country. but the last nominee who did that, bragged about it, talked about it, was walter mondale in 1984. didn't work out too well for him. >> no, it didn't. he lost every state but his own, minnesota, and the district of columbia. the biggest landslide in modern day history. i mean, the democrats have got to get away from equalizing our system by bringing people down. it needs to go the other way. they need to start pushing people up. they've got one idea from any of these candidates yet about how to move people up, move them out of poverty, move the middle class up higher. we are an upwardly mobile country. that's what americans want. people emigrate here not to get comfortable at the bottom but to move up. that's the promise of america. if they don't recognize that, they will lose the presidency. neil: all right. the president won four or five industrial states by about 70,000 votes, that tipped the election electorally in his favor. do you think he wins all those key states again?
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>> he doesn't have to win but one. he's got to hold florida which all -- look at what happened in the midterm. i supported andrew gillum. andrew gillum should have won that, i thought, and he still lost. if he can't win florida, i mean, trump is going to likely win florida without dramatic change there. so all he has to do is pull out a wisconsin, pennsylvania, you know, or michigan. i think that that's where joe biden comes into play. i don't think there's another candidate that wins all three of those. neil: all right. we will watch very, very closely. very good seeing you, my friend. still regret not running for mayor? >> i mean, i think de blasio has made a mess of it so i certainly would have wanted to see somebody run. neil: i think i said dan. don, obviously. thank you very, very much. we are following your career very, very closely. meantime, we are up about 23 points so we are getting mixed reads on what's happening at the corner of wall and broad. i did mention bill weld before. he will be my special guest 4:00 p.m. on fox news. why he says he could beat donald
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trump for the republican nomination. after this. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... . . unfortunately, it can't do anything about that. now that you know the truth... are you in good hands?
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2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars.
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we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) neil: fried will be the big day, the world's foldable phone. it is a big -- it look like an ipad? it is huge, when you open it up. shut it down, it is like a regular gal lax sy phone. it has a 2,000-dollar price tag. you can afford that, right?
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you know who could, would probably by 10? charles payne. the guy is made of money. he prints it. has the gdp of latin america. charles payne, that is 2,000 bucks. charles: that is lot of money. i know where your office is if i ever need a loan. thanks a lot. good afternoon, i'm charles payne. this is "making money." this is big day for blue-chips, particularly earnings, pushing the market slightly into the green. the nation's largest health insurer, unitedhealth group, the stock exploded at opening. first quarter numbers are really good. it got slammedded after warning about "medicare for all." speaking of health care, bernie sanders doubling down on his message for "medicare for all" and lifestyle guaranteed by the government as he defends being part of the 1%. we'll have details from last night's big town

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