tv Cavuto Coast to Coast FOX Business November 29, 2019 12:00pm-2:01pm EST
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more as a precaution, of course. another sad sad story out of london. we will continue to follow it or out the day. thank you very much. seventy-eight points on on the dow. one of those in trading. the markets will be closing in about an hour. my great friend and colleague's in new york. >> that is right. thank you so much. welcome, everyone. we have a jampacked show ahead. just one hour from the market close. the dow and s&p 500 and nasdaq headed for their best month since june. black friday madness is underway. shoppers going forward deals and steels. we have special coverage for you on coast to coast. first we are taking you to lauren simonetti. she is at the outlets in new jersey. how corroded is it? >> the parking lot is completely
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full. this model has been open for five hours. the line started at about 4:00 a.m. as the morning progresses, it is is certainly getting busier. the line started to get people into the mall. giving out these free gift cards that drew the traffic. it is an outlet. 60% off off the entire store. you have to boys. i am sure they like sneakers. look at this line for the nike store. the entire store 30% off. because it is an outlet, you can walk out of here with sneakers as low as 20 bucks. a lot of action has in here today. it is black friday. this is what i will say. people are showing up. they are showing up for the experience. a lot of young kids, college students, gently. a college reunion earlier in the day.
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now there are a lot of families. as it gets later on, you will see more the baby boomers. different generations making their way through. brick-and-mortar is not dead, but online is really booming at the same time. if you have an experience like this one has, it will get crowded. i am actually having a hard time hearing you. i think that's a good sign. >> that's a great sign. thank you so much. the national retail federation estimating on hundred 655 million americans, more than half of the u.s. population will shop this holiday week. with us now president and ceo matt shay. glad to have you with us. early data released by adobe showing shoppers may spend record amounts this year. we just heard from lauren.
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young people out early. baby boomers supposed to be out later. what do you think is driving the shopping. >> a very strong healthy economy. consumer confidence. we've got really low unemployment rates. we see wages growing. consumers in a good place. retailers finding ways to compete in this environment and find value. we are taking advantage of that. a very solid forecast for the year. the ceos that we talk to are very bullish on this year. some of this began already over the last few weeks. this is the emotional kick off. we've been seeing and hearing this morning, we are off to a great start. >> well this willow? will that help the retailers that we have really seen suffer?
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macy's and the gap as examples. >> i think what you have to remember is the positive macroeconomic conditions do not distribute themselves equally across all companies. every business and every industry and every segment of retail, there will be winners and losers. that is true whether the economy is healthy or unhealthy. opportunities to compete for retailers of all shapes and sizes. the question is, how quickly can you make those decisions about implementing new programs. delivering new services. competing on price. we will see how that plays out as we get deeper into the season. >> macy's and gap. both have an online presence. both are more known for being brick-and-mortar. do you have a comment about where you see the strength of mobile growing? perhaps, i do not want to say disintegration, but at least a
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plateauing out of bricks and mortar. >> i think you've just heard in the last segment, the reference that the majority of sales still occur within the walls of a brick-and-mortar store. that is true. it will happen in a store. the holiday season slightly higher percentage of overall sales will occur online because you are talking about a more progress season. the thing that most people do not recognize, a lot of this is driven by the data, the way that we measure this is really antiquated and outdated. the truth is, if you look at the number of largest platforms out there delivering e-commerce experiences, nine out of the top 10 largest are operated by bricks and mortar stores. macy's, one of the largest. it has been historically a strong performer. people are sort of looking at this as an either or proposition
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it is retail, all sales. the vast majority are going to legacy bricks and mortar retail's. it is changing what happened in store and online. that is why you see the massive growth occurring in online sales by legacy brick-and-mortar retail stores. deirdre: do you think it is luxury versus retail and the brand in the middle are the ones that have to struggle? >> well, i think it is true we know there are certain companies in certain segments that because of their history are having a little bit more of a challenge making this transition to the way consumers are shopping today some of that has to do with the diversity or the assortment of the good they sell. some of it has to do with the categories they operate tiered some of it has to do with the legacy of their footprint. i think everyone is sorting that out and making changes. finding new ways to use their existing resources to deliver what consumers want.
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finding a way for themselves in this environment to distinguish themselves and find real value. that is a journey. we are not there yet. we will continue to see that. i don't think there's a secret about the fact that we have far more real estate in the united states devoted to this connectivity that we need. that will continue to change. >> thank you. matt shay with us there. we want to give you an update on pro-democracy demonstrators gathering to praise president trump. the president signing two bells in support of anti-beijing protesters. many people waving american flags. not everyone happy, though. with us now from d.c., hillary vann. china considers wednesday's bill signing as interference in domestic affairs. >> that is right. they certainly are not happy with this bill signing. pledging to take countermeasures in response. not detailing what those are.
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there is the ongoing negotiations trying to get this phase i deal with china across the finish line. the two were signed into law wednesday night by the president. requiring yearly reviews into the economy by beijing. police like tear gas and rubber bullets used against protesters that have rocked the cities for weeks. marco rubio praised it as a bipartisan rebuke. following last weekend's historic election in hong kong that included record turnout, this new law could not be more timely in showing strong u.s. support for the freedom. the president discreetly signed the bill while the white house struggled to nail down a date to get that deal with china done. hong kong has dealt with weeks of ongoing violent protests. the president making it clear, though, that he is supportive of
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van amicable resolution between both parties. i signed these bills out of respect for the president, china and the people of hong kong. they are being enacted in the hope that leaders and representatives will be able to amicably settle their differences leading to long-term season prosperity for all. if china cracks down on their city, special status could be threatened. that could have implications. a wrench in discussions with base two. hong kong is protected from u.s. terrace imposed on china as a result of this ongoing trade back and forth over 1300 american firms have a presence in hong kong. this is certainly something to keep an eye on. deirdre: it certainly is indeed. china not retaliating yet. thank you very much. police declaring london bridge incident terrorism. president trump has been briefed
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deirdre: as you would expect due to the nature of the incident we responded as this was terrorist related. it has been declared a terrorist incident. uk police angle officially this incident is terrorist related tiered a male suspect was shot and killed by police after he stabbed multiple people at london bridge. with us now from the heritage foundation vice president and national security and foreign policy had james. thanks in advance for the time.
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these locations where we've seen another incident today were actually witness to a terrorist attack in 2017. we know the area has a lot of daily commuters. is this part of why this area has been targeted again, in your view? >> absolutely. thirty-seven islamic related terrorist attacks in great britain the tween 2014 and 2018. this absolutely fits right square into the pattern we see in the last couple of years. >> metropolitan police are confirming a number of people have been injured. any idea of which group could be behind this attack? i've seen some headlines. a member that has perhaps made a link to that. is that believable? >> it is. believe it or not, the uk and their public numbers is tracking about 23,000 islamicists related suspects. people running around the country that they do not have enough information to arrest or prosecute them.
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they are concerned that they will be affiliated with extremist activities are terrorist activities. some of them are related to isis, others are not. it is a pretty big pool that you have to worry about. >> apparently, the murderer we have to call him now, was wearing an explosive vest. based on your experience in these matters, i'm assuming this is to distract the police to create an even bigger uproar. do you see that pattern fitting in with others you been studying? >> you are right. it is designed to do toward the police. also, if you want to make sure you are dead at the end, it's a good a good way to ensure that. he did not have a real vest which obviously he what if he could get one. again, part of what we seen in the pattern, throughout europe, these are not like 9/11.
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these are not things connected to a big large plot. they have become radicalized and they are acting in spirit or sympathy. they have a very limited infrastructure. limited capability. they make five minutes of headlines. the amount of deadlines they can do is relatively bad. the government has actually been better at this. they really been distracted by the last couple of years. they were getting way better at dealing with this, in the last couple of years, they have kind of taken their eye off the ball. >> one who has already made statements on this incident, you think that he and the rest of the administration is to distracted to be focusing on terrorism, is that what you said >> the mayor has been completely unhelpful. their idea preventing terrorism is engaging with some of the most extremist radical groups and great britain.
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asking for their help in dealing with these threats. asking a bank robber to hold onto your atm card for you. it has been all-consuming. the flip side that is public safety and dealing with campaigning if he comes back as a prime minister and they get it done. at the top of his agenda, dealing with this issue. the uk does need to be really serious. >> president trump announcing the u.s. will resume peace talks with the taliban. the president made that announcement during his surprise visit with the troops on thanksgiving. what in all likelihood you think can be best achieved? >> i think the president struck the right course. he said we will be there for the afghan people. we will continue to support them. we will continue to conduct terrorism operations.
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given all of that, if you want to come to the peace table and you want to engage in peace talks with afghan people, great. at the end of the day, that is only way this ever since. be tough, but offer an offramp. >> thank you so much. appreciate the time. edward lawrence with us now from the white house. more on exactly this. the president's announcement about the taliban. what are your sources they're telling you? >> the president making this announcement as we see what is happening in london. the taliban and putting aside their terrorist tendencies and come to the table and strike that peace deal. a spokesperson said they have already been talking with the u.s. for the past week or so. the president taking another step forward towards that agreement possibly with the taliban for that surprise visit he made it you see him there with the president of afghanistan. he had a bilateral with them.
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president trump believes a cease-fire will hold. >> the taliban and wants to make a deal. it has to be a real deal. we will see. they want to make a deal. you are doing a great job. i want to thank you and i want to thank the afghan soldiers. i have spoken to a lot of you today. you say they are really fighting hard. >> about 12,000 american troops troops serving in afghanistan. the president would like to bring them home. this was his first visit to afghanistan, his second time trying to have peace with the taliban. secret talks scheduled for camp david. those were canceled because of a bomb blast the day before the talks in kabul that killed 12 people, including an an american. that last linked to the taliban. the president believes this time a cease-fire will work.
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military working closer with the afghan military. bombing runs putting a lot of pressure on the caliban, forcing them to come to the table. >> thanks as always. joining us from the white house. >> if you ate too much yesterday, you are not alone. fasting after the feast. tony little will tell you how to burn off the thanksgiving calories. he is with us next. ♪ (people talking) for every dollar you spend at a small business, an average of 67 cents stays local. shop small and watch it add up. small business saturday by american express is november 30th. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call,
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consuming more than 3000 calories. we are bringing in tony little. he is here to help. tv personality. fitness expert. tony, what do we have to do? 150 grams of fat in the average thanksgiving dinner. give us advice. we need it. >> fitness is hard during the holidays, for sure. we have family events, we have we have business parties. we finally have time off. >> time to get in trouble. >> everyone kind of needs a break. you eat, drink and be merry. then there are new year's resolutions for reason. we ate too many calories and we stopped our exercise. i was tell people, work out first thing in the morning. if you are person that works out all the time, first thing in the morning. >> it's that your mind set for the day. >> absolutely.
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the minute you get up, go work out. you don't even have to do the full workouts. just do resistance exercise. muscle burns calories 24 hours a day when you are eating and sitting on your butt. that is a big deal. you can cut the cardio out. drinking a lot of water. probably the simplest thing to do. before gigantic meal, drink a lot of water. you will be full. you won't eat as much. >> that ship has sailed. now what. >> what happened? >> we already eight thanksgiving dinner. some damage is already done. that ship has sailed. work out first thing in the morning even if you don't do cardio, do some resistance. drink some water. how long do people have to make an effort before they see some results? >> i think, again, you see immediate results. you immediately feel better. your mind is better. everything is better.
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the biggest thing to do and exercises make sure you are having one day on, one day off rest. you will not build your muscles your working your same muscle group every day. you have to change it up. pushing muscles one day, pulling the next is the only way to do it. cardio is important for our heart and lungs and everything else. when it comes to actually burning calories 24 hours a day after we ate junk, it is muscle. the more muscle you have, the more calories you will burn 24 hours. >> you change or advice given the age of the person? >> you know, i don't. the only thing i say to someone who is older like me, start to slow down a little bit. >> you are 63? >> yes. >> you owe both your parents a case of champagne with that gene pool. that is great. >> thanks. low impact is a keyword as we
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get older. low impact. that is what we have to worry about. >> that make sense to me, for a few reasons. tony, thank you. good to have your insight. tony little. thank you. >> you can do it. >> okay. i am taking your advice. >> you look great. >> thank you. lego is making fun of tesla's cyber truck with its own guaranteed shatterproof truck. lego looks a little simpler. we are back in a ♪ ...
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>> deirdre: markets closing in less than half an hour, christina partsinevelos at the new york stock exchange, so okay , christina not a lot of time left for this trading day, trading month. what's moving the most? >> well i want to start with a fun, lighter story since it's black friday today and that has to do with the many people on the incident that are taking jabs at elon musk as well as the cyber truck and one of those companies is lego. they have launched their own little jab, this is essentially a brick on wheels the classic brick for the lego and they even had a guaranteed shatter proof sentence they put on twitter as well and i know those at home, you know, they are probably
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right. remember the times that you've stepped on these legos not a fun feeling. switches gears completely another story, this has to do with the pacific gas and electric company. what happened right now is they are pretty much getting burned by the courts in california. a judge ruled that they are liable for the 2017-2018 fires that you're seeing on your screen right there due to some of their equipment, that resulted in dozens of deaths, destroyed thousands of homes and the legal liabilities for this fire is up to about $30 billion. if we take a look at the 52-week stock for this company, pg& e, you're really seeing it down quite a bit down 71% just over the last year or so. huge plummet for the company, and it's still what it did in january is it filed for bankruptcy and that's due to all of the legal liabilities that holds up to 30 billion like i mentioned. the company is also in talks with fire victims that could have to pay roughly 13 billion but we'll try to end on a positive note they are hoping to
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get out of bankruptcy protection by this summer nonetheless the stock has been hit for quite some time. the battle will continue. >> deirdre: christina thank you, christina partsinevelos from the new york stock exchange. well last december, this time a year ago, was a tough month for the market, the dow lost more than 8%. head of research, cath lynn vera with us now, katherine, so glad to see you in studio thanks for joining us. >> my pleasure. >> deirdre: so last trading day of the week and the month of november, we actually looked pretty good and as far as november goes, dow, s&p 500 and the nasdac are all basically on track to have their best month since june. so can it continue? >> yeah, that's the big question, a far cry from december of last year when we saw top to bottom drop 20% so this year we have a different scenario where we're not expect ing u.s. recession. remember in december of last year when the market dropped precipitously the markets were discounting u.s. recession, trade war ending, global
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economic activity as we know it. >> deirdre: everybody was really anxious. >> so now what i'm seeing is complacency, deirdre. >> deirdre: no matter what trade headlines we're seeing about u.s. and china, even president trump's very recent declaration, wednesday night about hong kong, which technically mainland chinese considers interference, that's the word their press used we still are not seeing an insane sell-off today. >> not at all, what i'm telling our clients is start taking gains. if you have some returns that are double-digits, start to be conservative get defensive, take -- >> deirdre: on an up day? >> why not realize profits take your gains, lock them in, or if you want to, hold on to your market positions, you can as we mentioned talk about earlier, is an option strategy forex per it. you can protect your positions with an option and that allows you to hold the underlying which is the s&p 500 but it covers any
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downside risk, we're talking december 15 tariff hikes, we're talking a negative catalyst or a negative surprise out of the democratic primaries. we're talking a fed decision that sounds too hawkish for the markets taste so all of these things could cause downside to the markets over the course of the next three to four months. >> deirdre: but from what you're saying it sounds like you don't necessarily think the markets or the economy the underpinnings will go lower, you just think that there may be more volatility? >> oh, yes, totally two different stories. the u.s. economy is doing very well and will continue to do so that's why i recommended december of last year go long and very strong. >> deirdre: and anyone who listened to you made a lot of money. >> 25% at least. december of last year we said take the other side of the bet go long. now we're saying realize some of your profits be conservative or position yourself for the downside. volatility is going to come in 2020. >> deirdre: so volatility is coming in 2020, but do you think and i know no one has a crystal ball but long story short by the
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end of 2020 will we say oh, my gosh the bull markets lasted yet another 12 months? >> it depends on what happens in the elections as well. right now the markets seem to be pricing in the best case scenario either a democratic sent rest that ultimately wins or a trump re-election. either of those two scenarios could mean further upside. my view, however, deirdre is that the downside risk, meaning the space that we have to fall from all-time record highs, which we're at right now, is a lot bigger than the upside risk. >> deirdre: i think that's actually a great point a wonderful point to make and no wonder you're investors are so pleased. i want to ask you quickly about tech because these have been the names that led the markets in the past 12 months so the fang stocks, facebook, some people count apple some don't, but amazon, google, netflix, are they too expensive? if you don't own them now, should you buy them? >> oh, my gosh tech is the reason for this last leg up. so when you have a market that's upside is driven by two, three,
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or four stocks you named a couple of them deirdre. that's a market exceedingly vulnerable to those stated stock s in that one sector so i'd be very careful on caltech protect your position, realize gains in tech. if you're already up 50% -- >> deirdre: don't be greedy. >> funny thing you mentioned that the greed index is near its all-time high. >> deirdre: it does indeed. thank you as always amazing advice for our viewers katherine with us there. target one of the retailers rolling out big sales today, grady trimball is in one such store in chicago. all right, how busy is it? >> reporter: i actually got to tell you if you want good deals without dealing with the crazy crowds this is a good place to be, we're in the toy section now not big ticket items but still good doorbusters available here and when you talk about black friday it's kind of shifted. deals at target started earlier this month, and then they've just continued throughout november.
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they were also open yesterday to a huge crowd we're told. 65% of all american adults are going to do some sort of shopping between cyber monday and or i'm sorry between thanksgiving and cyber monday, so a lot of folks getting out there but that includes online shopping. when you look at the split between in-store and online, it's actually about 50/50, 47 prefer to start in-stores, 41 start online. i talked to somebody who came to the store this morning and she was happy to see there weren't a lot of people here. what do you make of the people who come out and line up and do all of that crazy stuff? >> god bless them. i don't have the energy. i work a full week and if i can come out without the rat race i'll come but other than that god bless them. they have a lot of heart i don't have the heart. [laughter] >> reporter: and if you want to take a quick look at other deals at target, they've got all sorts of tech stuff. electronics like ipads and things like that, one thing that
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is interesting that they're doing here is they are offering 20% off in a future visit for anybody who comes here and spends $50 today, good tactic deirdre to get people to come shop on black friday, and then come back in early december to continue shopping. >> deirdre: grady thank you very much. grady joining us from a target in chicago. well, there are new developments on the u.s. mca trade front. we're going to tell you about the chances, and scale of 1-10 on seeing a vote next week. >> ♪ ♪ see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy.
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verizon keeps business ready. ♪ (shaq) (chime) magenta? i hate cartridges! not magenta! not magenta. i'm not going back to the store. magenta! cartridges are so... (buzzer) (vo) the epson ecotank. no more cartridges. it comes with an incredible amount of ink that can save you a lot of frustration. ♪ the epson ecotank. just fill and chill! available at... >> deirdre: sources telling our maria bartiromo that congress could vote on u.s. mca as soon as next week. former ted cruz campaign polster chris wilson joining us now, chris thanks for the time. will speaker pelosi and democrat s sign off on a deal? the president says the paperwork
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has been on our desk for a couple days. >> yeah, it's amazing what happens whenever congress leaves washington, has to go home to their districts and account for what they've done or not donald i think that's what's motivating this. i think it will come up for a vote and i doubt there will be many changes from what the president originally submitted despite pelosi's cries about needing to fix things here or there. what happened is there are 31 democrats who are in districts that.won in 2016 and they are real worried about re-election right now because the only thing they have to talk about from accomplishing is trying to impeach the president so this will at least give them something when they go back home on this christmas break to say they did and it's an important movement for our economy. >> deirdre: so what do you think is going on behind the scenes? because if there are changes then canada and mexico have to agree to them, but our sources are telling us both of those countries representatives are kind of getting antsy. >> yeah, of course they are. they thought this was a done deal a long time ago and like i
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said there's been nothing that has changed here aside from the fact that congress has let out and had to go back home to their districts so i would imagine there probably will not be very many changes and pelosi is getting blowback from her members of her caucus telling her that we've got to accomplish something and to this point they have nothing to show since they've taken over congress and this would give them something they are doing and frankly it's the right thing to do for the american people and to keep the economy going and i think not only was president trump like to see it happen but mexico and canada would like to see it happen too. >> so chris on a scale of 1-10, how likely is it that the deal comes up for a vote next week? you have to give me a number. even the people who want it done say that's a pretty aggressive timetable. do you agree? >> it is an aggressive timetable but pelosi has the authority to make it happen and i believe it's a 9. i believe her caucus is getting a lot of negative feedback from their constituents and she's got
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to accomplish something and this would give her an accomplishment. >> deirdre: acting deputy homeland security ken confronted by former maryland democratic governor martin o'malley this is over president trump's immigration policies and he responded earlier. here is his comment i want to get your take on it after. here he is. >> he made immigration policy comments which my personal favorite was about the 2014 cage s and his assertion we were using those in this administration which of course we're not. i reminded him that president obama bought those cages and he got right in my face literally inches from my nose, bumping up on me and invited me to take a swing at him. i literally said to him martin one of us is going to have to rise above this and it's obviously not going to be you. >> deirdre: what do you think of this, chris? >> it's unfortunate. i think it's really remarkable. these things, this sort of thing
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usually happens to members of the trump adminitration from activists not from a former governor of maryland, and ken is a good friend of mine, he's a gentleman, a good man, and it's remarkable. i had lunch with ken just the week before last, so it is just crazy that this would happen to him from a former governor and that he would not have the class to be able to walk away himself and ken had to do it and leave the restaurant, and which it is just more of the same what we seen from democrats and calling out members of the trump adminitration and this is just -- >> deirdre: i think out of context as well as you mentioned when people are on their private time with their families it's costing us. >> and o'malley didn't even know what he was talking about that's what's so crazy about this is he did not even know what he was talking about blaming obama policies on ken which is just at least figure out what you're going to complain about if you confront somebody on it. >> deirdre: chris we thank you, chris wilson with us there we
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appreciate it. when we come back an apple watch saves a grandmother's life by catching a heart condition. she is joining us, next. i'm a regular in my neighborhood. i'm a regular at my local coffee shop and my local barber shop. when you shop small you help support your community - from after school programs to the arts! so become a regular, more regularly. because for every dollar you spend at a small business, an average of 67 cents stays in the community. join me and american express on small business saturday, november 30th, and see how shopping small adds up.
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i need all the breaks as athat i can get.or, at liberty butchemel... cut. liberty mu... line? cut. liberty mutual customizes your car insurance so you only pay for what you need. cut. liberty m... am i allowed to riff? what if i come out of the water? liberty biberty... cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >> deirdre: ten minutes before the close on this last trading day of november. you can see right now, we are about 100 points now actually exactly on the dow. we'll give you an update as we close in 10 minutes. in the meantime, smart watches may be a life saving device. marie bark is with us and she was sleeping when her apple watch buzzed and woke her up and the watch alerted her to an
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irregular heartbeat and she credits it for saving her life and she is here, delighted to see you marie. thank you. >> deirdre: also mount sinai hospital, cardiologist dr. suzanne who helped to save marie, this is an amazing, i'm so glad to see you both especially listen we love our families all year around but especially around the holidays we're reminded how grateful we are, i'm sure your family is over the moon that you feel well >> oh, yes very much so. >> deirdre: so what do you think would have happened had the watch not awoke en you? >> i would have gone into an af ib situation which it did wake me up for and had i let it continue during the night and during the day i would have wound up seriously in the hospital and i'm more conscience of it since i had afib in the past so this really alerted me earlier than normal. >> deirdre: so you had time to go to the hospital and time to say listen i'm really concerned i have a problem? >> correct, right. >> deirdre: from what you've seen, have these watches been in marie's case really functioning as a best case scenario product?
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>> what happened with marie is exactly how this watch really should be used. she's had a history of atrial fibrillation and this alerted her early on this was probably the situation and it got her health really as quickly as possible. the issue becomes really partnering with your doctor though with this watch because sometimes it says things and it's not necessarily dangerous or scary, so you really have to have someone who can translate it for you. >> deirdre: which makes all of the sense in the world because not every, there are tons of people who live very long, healthy lives, with arrhythmia or with different, you can't be calling your doctor every five seconds either, right? >> that's right and i had a patient once whose heart rate went up to 110, which might happen when we're talking down the street, really quickly and that's not a dangerous thing. >> deirdre: so do you think we will see medicine at a time when for example, marie's watch is actually hooked up to some monitor that is in a hospital where she can be monitored say
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the highest risk patients which i'm happy to say you're not in that category but can be monitored all the time? >> absolutely and i really believe the future of technology and medicine is miscommunication that is in realtime where we can help our patients get help and the treatment they need sooner than later. >> deirdre: and marie, i know that your grandson feels like he played a big role in this because he was the one who advocated for did you not want this watch? >> i didn't know i was going to get it because of my past history and when matthew was looking at the new tech devices coming out he went to my daughter and said this is what we're getting grandma for christmas because he worries. >> deirdre: he's 12 right? >> yes. >> deirdre: i have to feel like he maybe saved your life? >> he did. >> deirdre: but saved a potential health consequence. >> i'm so happy he was so worried about me that it was a great christmas present. >> deirdre: nothing better than health. >> yeah. >> deirdre: where do you stand, on the idea of privacy though because there's a lot of people
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who say so for example, google bought fitbit, and then people overreacted who said i don't want a fit bit because i don't want google to have my health data. how do you talk to your patients about saying okay here is the comfortable zone where the data can help me serve you but you're still protected? >> we're in this interesting place where all of these issues about protection and privacy haven't been thought of. >> deirdre: it's so new. >> it's all going so quickly that we're realizing the downside as we're going. we will figure it out. there is definitely going to be a role of technology in how we care for our patients and how patients really empower themselves, so i believe that it's worth it. it's worth the benefit, greater than the risks of this right now , and we're just kind of figuring it out as we go. >> deirdre: i don't mean to put you on the spot but i'm assuming you agree with that? >> i do. >> deirdre: meaning do you really care that apple has this data on you?
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it saved your life. >> no because my health is more important than what they have. >> deirdre: than what products apple thinks you might buy? >> and it's health data and it really might benefit us in the future. >> deirdre: when is the best case scenario, i'm assuming, marie is one of the best case scenarios that you've been able to treat. have there been others? we read there was about six weeks ago a young people hiking in new jersey and the guy fell and broke his back, and the apple watch sensed this kind of drop and started to, then i think after something like 30 seconds actually dialed 911. so that is another great case scenario. have you seen other scenarios on the other side where you're like okay this is making my job more difficult? >> i'm going to tell you that it has definitely increased phone calls and office visits, but as i said, this is a work in progress. i'd rather communicate with my patients and empower them to understand what that watch means
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i think that this is a lot about education and the more that we can educate people to understand what an extra beat means versus atrial fibrillation, what having a fast heart rate means during exercise versus having an arrhythmia. i think it's about education. and yeah the calls have gone up but it's okay. >> deirdre: which obviously is part of your advocation in addition, but as apple came and said could i spend a day at mount sinai and helping you educate what would your take on that be? >> please come because when you're on the ground floor and really seeing what happens every day with people and their concerns, you really get to understand how the watch can help and where the downsides are >> deirdre: thank you both. >> thanks for having me. >> deirdre: merry christmas, happy holidays i'm so glad you're here. we are just moments away from the close. we're going to show you how we finish for the session there's a snapshot with four minutes to go we're right back after this. as a struggling actor,
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>> deirdre: welcome back to coast to coast i'm deirdre bolton sitting in for neil cavuto, moments away seconds really from the closing bell there it is no new records set today allows us on wall street but its been a really strong month, as stocks slipping after a few days of gains china trade worries of course but on this last trading day of november worth noting best month since june. christina with us now, from the floor of the new york stock exchange, all right christina i know before all those guys run out of there, what caught your attention the most in todays shortened session? >> yeah, definitely a shortened day session everybody is really excited but what we're seeing across-the-board is the markets closing in negative territory, literally within the last few minutes you did see a lot of movement dow jones down 105 points s&p 500 points nasdac down about 39 points, some of that since meant the investor sentiment is negative and that has to do with the united states
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signing two bills to support protesters in hong kong, china doesn't like that, he got concerned about the trade deal and that weighed down on some of the markets but like you mentioned deirdre for the month of november doing quite well see ing markets up the nasdac up about almost 5% you've got the s&p. >> adam: 500 up a little over 4 % and then the dow up 4% as well so strength we haven't seen since the month of june, specifically talking about sectors big tech coming in, followed by healthcare and then financials, and last but not least, since i guess i could leave early kind of and go shopping with some of the stocks to pay attention to because of the black friday sales sorry these are the dow leaders so walt disney coming in because of the disney plus platform travelers and then the black friday look at those retailers, amazon, best buy, target, even throw apple into the mix we're paying attention to these companies in the coming weeks as
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we start to get the numbers in terms of how this major holiday sale weekend went. unfortunately some of the kids got in the shot but it's done here. markets just about to -- >> deirdre: it's an amazing company but they are in the shot and want to say hi. i'm trying to cover them. that's the most fun they've had in a while. >> deirdre: thank you, christina >> you too. >> deirdre: thank you very much, christina from the floor of the new york stock exchange, so you just heard her say the dow post ed the best month since june we'll talk about the chances of the rallies next month our all-star panel is here for the hour. gop fundraiser noel , and wealth advisors president mark avalon and h squared research chief research officer, and welcome, one and all, appreciate you coming here, day after thanksgiving. >> sure. >> deirdre: mark we're starting with you you're managing money people want to know can this
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rally continue yes or no? >> well it can continue. i think a pause is in order and we may see that. today was a bit of that but it absolutely can continue, so much of it is going to depend on earnings. if the earnings in q4 continue to be strong, if the outlook for 2020 earnings remain somewhat positive this rally can continue the forward market multiple right now is a little above historical which is pricing in those optimistic earnings number s so a disappointment on earnings could be the real undermining of the market. otherwise we think 2020 is a good year. >> deirdre: i want to bring in the earnings story for retail because it is one of your main areas the specialty black friday talking about retail a lot so we've seen this bifurcation, you have like macy's and gap which have been struggling if we just look at the stock but then you have amazing performance on some of the discount retailers and then the ultra high end luxury. so is that going to continue? >> well you're seeing to your point the bifurcation and what a lot of these stores did that
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you're seeing this positive earnings cycle is that they put a lot of money into their capital expenditures especially when it came to online shopping so if you look at the numbers, i think adobe analytics was saying that $4 billion was spent just on thanksgiving alone, so this is -- >> deirdre: which is something like 18% higher than this time last year. >> exactly and everything has to do with the fact that everyone knows that you could just shop from your smartphone. so that's what's really carrying the topline growth for a lot of these retailers. >> deirdre: noel, as far as what this means for the trump adminitration and your job which is going out continuing to raise money this looks pretty good if the u.s. consumer with two-thirds of gdp behind him or her, is holding up well this is a pretty nice story. >> absolutely consumer confidence, when you have high spending, then that tells you that people feel secure enough in their jobs and their livelihood to go out and spend that money. they aren't holding back on it so with that said, that reflects back on the economy, which
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reflects back on president trump , which reflects back on the gop, and -- >> deirdre: and the tax cuts right? >> absolutely, and not only with the tax cuts, but the lower regulations also helped, i think , speed up the economy. >> deirdre: were you surprised by when they mentioned this 18% gain at least so far, granted it's early days the first 24 hours? >> yes. i think it's great. >> deirdre: people have felt better about this economy much more so than in years past and whether that has to do with this huge jump in the s&p and people are putting more money into the stock market and seeing great rallies and in november a 3.6% gain in november that's unprecedented. to your point and the point of the segment the santa claus rally happens in december, so -- >> deirdre: it's starting earlier. because people feel better about the economy, so i'm sure people want to put money into sources they feel like are perpetuating that constant growth.
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>> that's true and another thing is for the democrats they have the burden of campaigning with a market that even though it's a little bit down, it's still up, if you look at the overall picture, so what is their message going to be? >> s&p 500 so far up 25% so most people even if all they do is participate in the 401 (k), they feel pretty good. >> yeah, there's a wealth effect we heard, of the 529 plans, 401 can, so on the balance sheet of american voters and wage gains have been the highest in over a decade, unemployment is low which means there's bargaining power when they look for a job and getting raises and all of this is a very powerful confluence of events for the consumer going into 2020 >> deirdre: mark let me ask you the one headwind the past 18 months has been u.s. /china trade and that's the overhang and actually last december, the huge sell-off was really about trade worries. now wednesday evening, president trump essentially, if you read the chinese papers, interfered,
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by saying that he supports the pro-democracy movement in hong kong. what does this mean for managing money? >> well the two biggest factors in the market this year is to accommodate the fed and the fact that nothing blew up with china, and there is the risk that if this hong kong situation gets more volatile, we take a more affirmative pro-democracy stance, it could taint whatever dialogue we have now. my opinion is we're only going to get a trade truce. there's no trade deal anyway. the chinese can get very mad at president trump. they aren't going to change their policies on ip theft, and shared transfer technology so i don't think net-net what's happening in hong kong is going to effect the trade talks because i don't think there's much in the way of a huge trade deal. >> deirdre: what does this mean for retail, because i mean the chinese prior to these past 18 months were buying up tiffanies in fact obviously, tiffany's is an attractive target for lvmh, but all of these luxury retailer s were aiming for china
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just square on. what does that change now? >> i don't think it's going to change anything. i thinks as the chinese consumer will be there, the foreign consumer of luxury is always going to be there. even in the united states, a trade any sort of fears of trade war or prices going up hasn't had an impact on what people are buying. think about that figure we just talked about. $4 billion spent in just a few hours on thanksgiving. i mean, that says anything about how the consumer is feeling, regardless of what is happening on the trade war front, they don't really care about any sort of price fluctuation as of now. now if we look at the gdp going forward, i think the strategists are saying we might have a little bit of a slow down, so sorry not the gdp, when we talk about the stock market and the growth. so we usually have about an 8-10 % growth every year in general. strategists are saying it might be more of a 5% growth going into 2020 but that might have to with the fact that there may be just a trade truce and not an actual deal.
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with that said, consumers are still going to spend. >> but when you look at what we're trying to do with the china trade deal, we're actually asking china to change its business culture. >> deirdre: or change its laws. >> yeah it's in their culture this is kind of a way, a common practice of how they do business so this is a long, long play. >> deirdre: so now you speak with so many different people. this is part of your job for raising money, for the party. is this the one kind of dark cloud? you know i wish the trump adminitration hadn't started with this tariffs like if you hear anything negative is this the subject? >> for the businessman, for the big donor, it is the major dark cloud because it's uncertainty, and they really from some of the business people that i've talked to, they don't see an end game here. it just seems to be pushed back. >> deirdre: and they are losing money i have to change my supply
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chain and move something out of china and it takes me three years. >> and you mentioned something else like someone like lvmh, if they are looking at something like a tiffany's this is something to consider. you've got to look at these luxury brands and see where they're being made and this is a real challenging time with just the haziness of where we're going to go with china because it's not over and i think that's why you see the markets hiccup every time china is mentioned. >> deirdre: the volatility has been slightly but definitely what is moving the markets. okay stay with me we're going to continue the conversation we just have a quick break to take a prominent businessman says the 2020 election could be president trump to lose. we'll tell you who said it and talk about it.
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not promise... prove. don't miss the final days to save 50% on the sleep number 360 limited edition smart bed. plus free premium delivery & setup when you add a base. ends cyber monday. >> deirdre: black entertainment television founder robert johnson saying that the 2020 election is president to lose. he doesn't see anyone in the democratic field who will prevent the president from getting re-elected. back with the all-star panel right now, noel, is he right? >> yes, he is right, right now. >> deirdre: even bloomberg? >> i'll tell you why. bloomberg seems like an ideal candidate to tear people from the democrats and the republican party that don't like trump. he's kind of a great bridge there. he's a very smart man. >> deirdre: and a successful business. >> yeah, but he may have a problem that i see like mitt romney did. do you remember mitt romney, they had a connect ability
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problem? let's see if bloomberg can connect that voter that once voted for obama that turned around and voted for trump that working man that turned those blue states red, will bloomberg play? >> deirdre: bloomberg is very open about growing up middle class and his mom was home and his dad, he says he came mr. very modest beginnings but it's very true that was a long time ago so people say that he resonates more in the cities, the coastal cities versus middle america. what does this mean for people's wallets? >> well i think that michael bloomberg phenomenon is interesting. he could peel away suburban voters and educated republicans but the charm of our current president on a relative basis filling stadiums is not what michael bloomberg is about but the bigger problems that democrats have and mr. johnson was alluding to is that we have a super strong economy. people vote pocket book issues. they vote what's happening in their investment accounts and vote on what's happening in their automatic deposit into
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their payroll and how comfortable they are and their anxiety or lack thereof, about getting a job. that is the biggest hurdle for the democrats regardless of who the candidate is, people don't want to break it unless it's broken. >> there's nothing to fix as far as record low unemployment, we've been talking about consumer strength, people most people feel pretty good about their tax bracket so it seems like yes. >> he's not only going to have an up hill battle. i also would love to see how many people wrote bloomberg into the ball let when the last election was happening, and they didn't want to vote for trump and they didn't want to vote for hillary. it would be an interesting snapshot. i guarantee most of those people were probably prominent business people who didn't necessarily they didn't want to be vocal about the fact they wanted to support the president but they also wanted to they knew they didn't want their vote to go to hillary, but they wanted someone and of course, bloomberg wasn't running, however they didn't want to be in anything.
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>> i can tell you one thing about bloomberg. he is not a numbers guy and he is not running if they didn't show him a clear pathway with numbers. he's all about the numbers and if the pathway show showed he had a chance at this, this is the only reason he's putting his hat in the ring because someone has shown him something that he -- >> deirdre: because i think he's thought about it, clearly, for quite a while, and if it seems as if it's a fair conclusion to assume that he feels like he has a chance this time around when he did it in years past. >> and i talked to a donor on the democrat side who is a very big obama donor. he's on the west coast and i said well what do you think about these people running on the d side and he said well joe biden, he is the best of the worst, so they're not really thrilled with joe biden. he's just kind of here he is, we know where he stands and he's kind of this van ill had candidate but they aren't overly thrilled with it. >> and i feel like to your point, i feel like bloomberg is the only one that can really
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perpetuate this economic growth. he can go in there. >> it's about voting and can he connect to the working man? >> it's true but i think to your point we don't want to go into some place where there's a problem if they didn't, the economy is doing well and there is not an issue we need to fix. he's essentially going in saying i can perpetuate this economic growth. sure i might not necessarily connect to that younger democratic voter; however, i'm the money person and i can make sure that this economic growth is going to happen, and but i'm not running on that trump campaign. >> deirdre: quickly managing money honestly would it make any difference to you? let's just say there's no policy change but let's just say bloomberg wins. what would that do to your portfolio that you manage? >> if trump or bloomberg presidency continues the rally, the uncertainty is -- >> deirdre: would be more of a warren or sanders or more of the progressive? >> those favor more regulation, more taxes not so good.
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>> deirdre: net-net can i put you on the spot and ask you for 2020 where the s&p 500 ends? >> i think it's up mid san diegos and it's chap it's choppy along the way with mid san diego s when we get by 2% dividend and 5% earnings growth number so investors should expect volatility. >> deirdre: we'll take it thank you. one and all, hesa, mark, noel, thank you so much good to see you all. shoppers jumping on black friday deals in stores but online shopping is probably going to be the winner this holiday season we'll give you some numbers when we could am back. >> ♪ living in a material world , and i'm a material girl ♪ spend at a small business, an average of 67 cents stays local. shop small and watch it add up. small business saturday by american express is november 30th.
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including this stunning 7-carat diamond bracelet. (people talking) for every dollar you spend at a small business, an average of 67 cents stays local. shop small and watch it add up. small business saturday by american express is november 30th. >> deirdre: breaking news, iraq 's prime minister just announcing his resignation if you look at oil prices they are moving lower, you can see on your screens down by about 5%. president trump getting briefed
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on the terrorist attack that happened earlier today in london , edward lawrence with us now from the white house, with the very latest. so, edward, has there been any official reaction from the white house? >> reporter: well the official reaction is that the white house pledging support to the united kingdom for anything they need in terms of the investigation or tracking down the network related to this. the white house also saying they condemn this horrific act and the president was briefed he was playing golf at the time he was briefed and the question that i had, we haven't gotten answered yet is if he was on the golf course when the briefing happened or if they stopped him and took him to another location but in london officials are saying the suspect had what looked like an explosive vest, that turned out to be a hoax. prime minister boris johnson praised the public and first responders for acting quickly. >> i can assure you and assure everyone that anybody involved in this crime in these attacks, i will be hunted down and will
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be brought to justice and i think the message that we send to them and anyone associated with this type of attack is one that will be familiar and that is that this country will never be divided or intimidated by this sort of attack. >> reporter: as strong words from their prime minister now as this attack happened in london and you're looking at live pictures now in london, the scene there as the emergency crews still trying to track down exactly who this person is, exactly what the steps this person took and if there's a network. u.s. intelligence sources are telling fox news that isis supporters posted images pledg ing allegiance to the new caliphate in hiding and the intelligence sources worry that isis will try and use this terrorist attack in london as a recruiting tool and the president pledging full support of the united states and all of the resources to help track down if there is a network related to this. on monday the president will
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actually be in london for a series of nato meetings. now on that front, the prime minister boris johnson there said or encouraged the president to stay out of the election process this time around. you know there is an election there on december 12. back to you, deirdre. >> deirdre: edward thank you so much edward lawrence from the white house. well, wintry weather is slamming holiday travel plans, coast to coast we will tell you if the worst is over or yet to come. we'll bring you the latest when we come back. driverless cars, or trips to mars. no commission. delivery drones, or the latest phones. no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades.
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>> deirdre: thanksgiving storms are wrecking some holiday travel plans. coast to coast there is still more to come, we are going to bring in right now our chief meteorologist, rick richmuth. all right, rick i was hoping you'd say the worst is over, but from the looks of that map, i'm wrong. rick: you know if your the grandma or the mom maybe you're happy your kids are staying home but all right here is your temps i will tell you here is one bit of good news to be thankful for. we don't have any of that really cold arctic air mass anywhere across the lower 48 temps are kind of seasonal i would say you're up to 24 in denver after having a lot of snow and cold. we do have this storm watching out across the west it's going to pull off towards the north over the next say 24-36 hours. we are watching blizzard conditions, potential blizzard conditions here that will arrive across parts of south dakota and nebraska and in towards wyoming you see for the most part the
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track of the snow the cod its air is off towards the north. we're going to see delays and spotty delays with potential severe weather as well down across areas of the south but you get the idea, it's a pretty active pattern going to the day tomorrow it moves a little bit farther off towards the east. it's a slow moving storm that's one of our problems and we have a new storm that comes in across parts of california. here is how the future radar looks the center of the storm right now. watch what happens throughout the day today. starts to bring a lot of the snow across areas of the dakotas and start to see really strong storms go across parts of the south. this is sunday you see the pink there we are potentially watching for this storm eventually to get towards the northeast and bring pretty significant rain and snow and mix, so we'll probably see areas start off with a little bit of snow transitioning to rain and then back to snow by the time we're done we'll see spots probably pick up maybe a foot of snow, so here is the addition additional moisture coming out,
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places like chicago and most of iowa you're just talking about rain, then eventually we'll watch for a storm right up into this area, for sunday night and throughout the day on monday, potential our first big snowstorm across parts of the northeast. >> deirdre: rick somehow it's more palletable when you say it thank you so much, rick richmuth with us there. retailers strong out of the gate this black friday, so whether or not it's slowing everybody down consumers seem like they are getting holiday shopping off on a strong foot, jackie is in men low park in edison, new jersey at a mall. jackie you're in front of an apple store so that clearly has foot traffic, but in general, does it look pretty crowded? >> it does, we were here since 6:00 in the morning. the foot traffic has picked up steadily throughout the day but of course apple stores they tend to be very crowded. it's really interesting to see the dichotomy at this maul, you've got macy's at one end, deep, deep discounts nordstrom at the other with discounts as
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well; however the lines at macy's were pretty crazy as the day wore on. behind me a very popular store, as well, and i just want to tell you i talked to shoppers and i want you to hear what they said about the festivities and how they felt about today. >> i went to bath and body and the deals i got today i could not stay home, 5:00 in the morning up and out and look at us. >> i saw earlier i came at 6:00 in the morning, i didn't even sleep last night. no. i went to the outlets and came here. >> i can't wait to get back into macy's. there's like zero for something you can buy you mail in a rebate and this sweatshirt is nothing. i've never seen that before. >> reporter: so there are definitely deals every store front is advertising some promotion for black friday. people are definitely taking advantage. some shoppers telling me they come into try things on but then they want to go home and purchase it online.
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others walking around with very large bags. bags on their strollers, and taking lots of stuff home. the average consumer expected to spend $400 today per individual. back to you. >> deirdre: that's a pretty good chunk of change, jackie thank you very much so brick-and-mortar as jackie was just telling us having pretty good traffic so far, but cyber may power the profits this season. in fact adobe analytics project ing that cyber monday will rise 19% from this time last year. $9.4 billion is the estimate for total spending all in. retail analysts with he now with the power panel, bert thank you for joining us. so, we just heard jackie's guests say this sweatshirt was almost free. so okay that's great for the store but then do consumers get greedy and think like oh, i can just get free things i'll just wait. >> free things with the coupons , the rebate but at macy's actually, blazer and brian chan are doing a
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phenomenon job in housewares so whether it's the whites, mainland across america, macy's is doing record breaking business so it looks like a big bounce back turnaround for macy's coast to coast. >> deirdre: let me stop you there because in other words people might go in for clothes but then they will be buying some items that maybe aren't as heavily discounted like you just said housewares. >> housewares and macy's.com, seventh largest online retailer worldwide so macy's is getting the best of both, and also macy's is benefiting from the collapse in bankruptcy and liquidation of many of the department stores across the country, regionally and nationally. >> deirdre: at what point, does this just have to stop because macy's stock is really underperformed this year. and the company has said okay we're getting squeezed. >> you're completely correct, deirdre dropping from $72 a share to $15 a share paying a monster dividend at the same time, so macy's is bouncing back , when the rest of the department store sector is not,
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north stromb we're seeing deficient levels of inventory particularly in women's shoes, 29% of the business, accept manhattan they've cut working capital and inventory and the rest of the department store sector with the exception of jc penney good but not great, and to penny's credit jill schlesinger merchandising around frozen too with elsa and -- >> deirdre: i'm in. i have two teenage boys it doesn't matter. >> and the biggest miss is the lack of themed merchandising around frozen ii, around mr. roger's neighborhood, the great tom hanks movie so just promotional and price as jackie reported from the edison mall. that will go so far but as you referenced to have to produce a profit and without theme-wide merchandising you're not doing it. >> there's also a very strong focus on the way that retailers are marketing to their specific demographics. >> deirdre: okay. >> a study by oracle says that
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70% of gen z and 67% of millennials buy according to social media, and millennials are the ones that are more apt to click through and purchase that merchandise, so we're see ing a huge, as you can see from the numbers, a huge increase of people spending online and the retailers to bert 's point, macy's, walmart, even some of the big box stores target, really spent a lot of money on capital expenditures beefing up their online sales and the ability to buy online. >> deirdre: because it's so easy just pick-up your phone and click. >> exactly who wouldn't want to start shopping on their phones when uncle bob is talking at the dinner table and you want to tune out of that conversation. >> deirdre: mark i'm curious as far as the sector goes because you do obviously strong sectoral lower class indications as part of managing money, do you have a strong position on retail? >> well i think it's a case of have or have-nots. you'll look at the consumer buying patterns have dramatically changed, time is the commodities, time is the
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real variable that people look at and what's interesting about the winner so far, target, walmart, even best buy -- >> deirdre: they have their online strategy, that's very efficient. >> yes and it's quick in-n-out and they're not in malls. macy's.com may be doing well mall traffic throughout the year is still a hard selling point. people don't want to park and walk through that big parking lot, buying patterns are there. >> and target had that drive-up and pick-up service, they really they implemented this season and it's really been successful for them. again, people don't want to waste any time walking around what stores they want to have their merchandise go get it and leave. >> deirdre: but jackie was telling us some people for example, come home from college and she said like the college- age kids are at the mall super early but it's more a social event. they go, they just check out what's there and they go to breakfast but i don't know that those are the numbers that are going to carry any business. it's just kind of a fun morning. >> maybe so, maybe for today but the long story is with the
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pressure being put more for cyber purchasing, what does this do for delivery? what does this do with the pressure for transportation? you get the trucking industry. you've got fedex. you've got shipping. what does this do because a lot of these people, amazon, are promising next day delivery and if you've got an overload, with the majority of people, especially the gen z or whatever , ordering everything via the internet what are you going to do as far as -- >> well we saw issues the last couple of years with infrastructure and that type of speed-to-market and what do you call it, transportation, but they've had now, three years in order to get that together, so if there are any issues going forward, that is going to be on the retailer. they have had many many many quarters to get that up and running. >> and in interviewing shoppers in chicago last week, they literally said they are afraid of getting mugged on the way from the stores having their
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purchases and purses stolen so your great point, it's setup at ups, at fedex, kohl's is really bringing in shoppers and then the brilliance of amazon and cyber versus land-based retail is amazon with the brilliant advertising from leonardo is doing more advertising than anyone else in retail, so the blues brothers, everybody needs to love somebody some time, saturation media weights, everybody is hearing it three times a day, radio tv, broadcast , digital and amazon's brilliantly shifting shoppers from the stores to online, and your good point, amazon has the logistic support whether it's delivery to home or apartment or pickup in a safe place. >> and walmart is also made a challenger that they are going to go head-to-head with amazon. they aren't going down quietly. i'm from bent onville, arkansas their ceo is fantastic and he
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will go with amazon to make sure they can keep up with delivery with groceries as well as trying to match the delivery speed that amazon has. >> and they've said this for many many years too and they still haven't quite touched what amazon can do. >> they don't have the resources. >> you're right, by this time next year, 93% of the continental u.s. population will be able to get same day or next day delivery from walmart, and walmart and best buy are seeing longest lines in america from all the mall in hawaii to the malls in the u.s.. >> that's the mall i'm interested in going to. >> deirdre: when we come back the largest iphone, speaking on a consumer-related theme, may be in the works. we're going to talk about how consumers may be feeling about a slightly bigger screen and more importantly if they are willing to pay for it or not. we'll be back in a minute. >> ♪ ♪ i'm your 70lb st. bernard puppy,
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go digital. go grayscale. >> deirdre: south korea says the north koreans have fired two short range projections on thanksgiving testing the new super-large multiple rocket launcher. we will keep you update updated with those headlines in the meantime, mandatory evacuations are lifted in east texas after a massive chemical plant explosion fox news correspondent casey stegall with us now so from what i understand the officials have contained the fires, right? >> yeah, that's exactly right. we just got a briefing not terribly long ago from emergency officials on the ground in texas which is kind of where near the beaumont texas area 80 miles east of houston and they have told us that nine fires are still burning back here at this massive industrial complex that you see, but apparently, they
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are contained. in other words burning in locations that are not of great concern, near other combustible materials, and they feel that it is safe enough, so the residents can now come home, which is why we've seen those evacuation orders lifted. now we may end up having to watch these fires burn themselves out according to officials on the ground, but the risk of future explosions are toxic fumes, that has gone away. now, some 50,000 people living within a four-mile radius of the plant were evacuated on wednesday following these powerful explosions. two of them, one in the overnight hours and then another happened hours later. so strong that it shattered windows at some businesses and homes, miles from the location and so many had to spend their thanksgiving out of their homes, because there was fear that there was a toxic plume of smoke
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in the air, but again things are looking better at this point, although the county judge here has this warning for residents who are getting back in. listen. >> so act with caution, watch out for other metallic debris that might be in your yard, call that number, and report that debris so they can attend to that. that's not something that our citizens need to be involved in dealing with. >> the tpc group chemical plant back here has been labeled a high priority violate or by the u.s. environmental protection agency, following a visit from inspectors back in 2017 and it has also had previous citations for clean air violations, but as the folks are let back in, even though you do have this black smoke still rising up, a lot of air quality equipment and specialists have been brought in they say they have been constantly monitoring the levels
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and they say that they are safe in terms of no toxic things in the air that people need to be worried about, so again, a developing situation here, but it looks like this might be headed in the right direction with folks finally getting to return home after being out over the holiday. deirdre? >> deirdre: casey thank you so much, stay safe, glad to have you reporting on that. it is the season of disney. disney movie star wars the rise of sky walker may make a box office history. i'm a regular in my neighborhood. i'm a regular at my local coffee shop and my local barber shop. when you shop small you help support your community - from after school programs to the arts!
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>> deirdre: if you if you want a bigger screen apple may have an offering for you a new report out suggests that apple may release the biggest iphone yet, in fact this report out of asia states that the screen may be just an inch smaller than an ipad mini. the super panel is back, are people going to go for this? >> absolutely so what apple is trying to do is corner the market of the people who don't need new laptops, but already have an ipad. >> deirdre: okay. >> so they don't need to necessarily upgrade their ipad or excuse me their laptops but they don't necessarily need to also get a new ipad so this is one step that they can sort of use for their iphones, it's a smartphone and they can carry it around and this is where they're making their bread and butter to be completely honest. iphones is a boom for apple. people buy iphones they want the cheaper version and they want the larger version and more expensive version. it is price agnostic. people don't care what the price is. they just want to capitalize on the iphone.
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>> deirdre: i'm thinking a lot of women myself included then it starts to change which purses you can use. >> it's absolutely true, however that's why they have the different sizes so if you need to upgrade your phone it's not just that one-size-fits-all. they have multiple versions and basically, iphone wants to integrate into your lives any way they possibly can. >> deirdre: sure why not. >> it makes sense because if you look at their earnings, $12.5 billion this is the best earnings quarter they've had ever, says tim cook. >> deirdre: diabetes so mark we do know obviously hardware super strong for apple especially those new earbuds but they are also trying to move to be usage to their services so do you have exposure to these big tech names >> we own apple, i own it and it's one of america's great companies hardware innovation underscores that and i think what's the wearables now and the movement into apple tv, you're going to see more and more revenue come from non-hardware which is what the market wants which is what bid up the price this year the multiple has
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expanded. i think at this level right now apple is reflecting more of its value that it certainly did beginning of the year, but when you look at what they're doing and why warren buffett bought into the company, once you buy an apple for your kid, apple has a client for 75 years or more. >> all aspects of their lives. >> deirdre: and why they were giving pc's back in the day, back in my school day, they gave them to schools pretty much. >> yes. >> it's really apple has become more than a brand. its become a culture and a way of life. i mean, everybody -- >> deirdre: well it's the operating system and then you have your photos and everything connects. i want to ask you about another big american brand, disney. the rise of sky walker this might break all kinds of records i've seen some estimates that say $200 million in ticket sales just on the opening weekend, which is ahead of christmas. >> what strikes me with disney another company that i own and have recommended on this network before is that disney is
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building a similar franchise. there's going to be a toy story 7. there's going to be a frozen 8. there's going to be more star wars and more marvel releases and with disney plus if we don't realize that this company is continuing to grow and building generations of fans as population grows as generations -- >> deirdre: the movies have to be good. there was one star wars movie that was so disappointing and they took so much heat for it. >> disney has had execution risks like any studio their minimal compared to other studio s, very well-run, good long term fully valued looks to be, in the near term but a great franchise. >> deirdre: as long as we're talking about star wars disney paid something like $4 billion for lucas films years ago. they've made that back already and then some to your point. what do you see and hear for the republican party when you're fundraising do you have tech money? do you have tech investors who come to you and say i know we're usually on the other side of the table but would like to speak with you? >> yeah and it depends on if
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there are certain rules and regulations set fourth by the republican party that they feel they should get behind or if they don't like what's going on then they will fund the opposition, the democratic candidate and something like that. but tech people are really becoming more and more getting your feet wet on super packs because a lot of them have a lot of money and a lot of the ceo's have money and they can make a bigger bang for their buck by being involved in the super pack which has no limit than the standard set federal limit for the donation to the actual candidate. >> deirdre: when you talk to them about issues what comes up? >> well, i mean it's an array of issues. you'll be surprised but a lot of tech companies pay attention to the tax laws, because this really -- >> deirdre: businesses like any other. >> and regulation too. the lower the less regulations too which also i think has been a big bump in the economy by lowering some regulations, they have an interest in that as well
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>> regulatory oversights going to be the biggest overhang on tech stocks the next year, whether it's from the eu or the u.s. companies like facebook, google, now under fire close scrutiny. >> deirdre: all right thank you, all. appreciate the thoughts. >> thank you. >> deirdre: this is like a wonderful way to spend the day after thanksgiving. thank you very much. >> thank you. >> deirdre: well stocks snatching their best month since june. we'll give you a quick update say a year so far in a few minutes. >> ♪ ♪ i'm happy to give you the tour, i love doing it. hey jay. jay? charlotte! oh hi. he helped me set up my watch lists. oh, he's terrific. excellent tennis player. bye-bye. i recognize that voice. annie? yeah! she helped me find the right bonds for my income strategy. you're very popular around here. there's a birthday going on. karl! he took care of my 401k rollover. wow, you call a lot. yeah, well it's my money we're talking about here. joining us for karaoke later?
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thank you for eternity. the great west of the weekend, i will see you next time. >> welcome to women and money. 40% of american women are the breadwinners for the family with more power and more responsibly than ever before. there's a lot to navigate from dealing with practical money and investing issues to how to handle tricky career situations. i'm deirdre bolton and i have not amazing and in special gas where the top of their field. they will share what they learned and put on their mental health and answer top is this related business questions. the show is for all ages, stages for people in all industries. first guest, blackstone's joan
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