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tv   The Claman Countdown  FOX Business  January 4, 2021 3:00pm-4:00pm EST

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how do you do that? early reversals. thermal has turned around, square has turned around, costco has turned around, pinterest has turned around. make a list of these names. meantime, thank you to lauren simonetti. did an amazing job while i was out last week. the market, we are coming back a little bit. liz claman, i'm a little rusty but i got a little bit of the c.p. effect as we go into the last hour of trading. liz: a teeny bit. listen, we are both rusty. let's get the oil and wd-40 going here. look, we hate to kick off the first trading session of 2021 with this, but here it is. the markets are enduring the worst start since 1932. an early head fake this morning had the bulls cheering record highs for the dow, s&p and nasdaq but look at them now. we are down 461 for the dow, s&p losing 61, the nasdaq getting crushed, down 202 points. not so the case for bitcoin, as the original cryptocurrency is acting like popcorn.
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it jumped above 34,000 over the weekend, then briefly fell below 30,000, now it's moving higher once again. it's at 31,751. who, by the way, says that by design bitcoin and gold must always move in opposite directions, they both can't rally at the same time? look at gold at this hour, up $51.60 to $1,946 per troy ounce. you could say perhaps the markets are so jittery due to the fact the balance of power in the senate is at stake. we will take you live to the peach state as both president-elect biden and president trump make last-minute campaign stops for their senator's side. it all comes as the american death toll from the coronavirus tops 350,000. the vaccine rollout hits a major speed bump. and the administration's operation warp speed floats a controversial new idea on achieving herd immunity more
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quickly. the mayo clinic ceo is here in a fox business exclusive. we will ask him what he thinks of that, and we will get his view from the front line. plus, an absolutely stunning move. the philadelphia eagles benched their starting quarterback in the middle of a game with playoff implications, sending bettors over the edge. the ceo of the score is here on that and the return evof march madness which was just announced a few hours ago. meantime, let's get to breaking news. the secretary of state of georgia expected to hold a news conference at the state capitol in atlanta at any moment. you can see we have our cameras trained on the podium right now. this happens just day one ahead of the vote in two runoff elections that will determine the balance of power in the u.s. senate and hence, the government and one day after audio surfaced of president trump lobbying brad' raffensperger, secretary of state, to find votes to swing an election victory in the peach
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state his way. >> the people of georgia are angry. the people of the country are angry and there's nothing wrong with saying that, you know, that you have recalculated. >> but mr. president, the challenge that you have is the data you have is wrong. >> all i want to do is this. i just want to find 11,780 votes which is one more than we have, because we won the state. liz: find 11,780 votes. let's get to hillary vaughn. she is joining us live in georgia ahead of president-elect biden's senate rally and of course, later, president trump's. what is this revelation of this phone call doing to i guess you could say mainstream conservatives in the state and any voters out there? reporter: well, liz, i think really, the emphasis that both senate candidates, both on the
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republican ticket and the democratic ticket, are making today is trying to assure people that not only does their vote count and will it be counted, but their vote significantly matters. democrats are really up to a big challenge. they need to turn out the same number of people that they did in november that ultimately flipped this state to president-elect biden, but they need to do it again tomorrow, and it's tough when you don't have a big name on the ticket like biden, but he's going to be here this evening to rally on behalf of raphael warnock and jon ossoff. trying to insert himself into the race. we have seen that percolating, that theme, while we have been on the ground here. we are here in the parking lot where jon ossoff was kicking off an event encouraging his supporters and volunteers to make the case that without warnock and ossoff in the senate, biden's agenda is
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essentially at a standstill. >> they will try to block joe and kamala's every move just like they tried to do to president obama. we have too much good work to do. we need to get $2,000 stimulus checks to the people to keep families on their feet and in their homes. we need to pass a historic jobs bill. reporter: on his way from this event to his bus, we tried repeatedly to get him to respond to our questions while we were walking with him, asking him if he will promise georgia voters that he will not support biden's agenda if it does raise taxes on them. we didn't get an answer to any of our questions but the reason why it's relevant, there is a new study out that shows that georgia -- georgians in particular would be impacted greatly by biden's policies. this is coming from the committee to unleash prosperity from a study they did last month and it says this. quote, we estimate that over the next decade, these policies will cost the average georgian
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household to lose approximately $6,189 annually in a combination of tax increases and lost economic activity and georgia ranks the third largest loser state when it comes to biden's economic agenda. so we tallied up the cost overall of biden's agenda. a lot of billion dollar tabs for individual programs that he's promising to spend. that agenda overall could cost as much as $5 trillion in new government spending, funded by taxpayers. republicans running here are making the argument that they need voters to turn out tomorrow so that their taxes do not go up. >> biden would be here campaigning for two of the most radically liberal candidates that have ever run for senate in this country. these candidates would be a rubber stamp for chuck schumer to change america, to usher in high taxes, crushing regulati s
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regulations. reporter: liz, arguments the democrats are make ing is that taxes would go up but it would be worth it to pay for these priorities. liz: this is key to the markets. i would have to think the volatility we are seeing today is very much due in part to the fact that this race is 24 hours away. hillary, thank you. be sure to tune in to fox business's special coverage of the georgia senate runoff tomorrow, 7:00 p.m. eastern. neil cavuto will have the play-by-play of these two crucial races. you guys know the old saying on wall street that as january goes, so goes the rest of the year for the markets. i mean, is this on the screen what's to come this year? not according to lpl financials' ryan dietrich. this caught our eye. when the s&p gains more than 10% in the final two months of the year, that's led to a higher s&p
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500 the following year every single time since world war ii. now, to review, in the final two months of 2020, the s&p 500 rose a combined plus 14%. okay. that looks good for the year in the s&p. maybe to our floor show traders. phil flynn, tom hayes. looking at the extraordinary events over the last year, do you think that page in the stock trader's almanac still holds and if so, what's the trade talk? >> i do think it holds. happy new year. the question is, is it the shake-out or fake-out? i think it might be a fake-out with anxiety around the election tomorrow, the runoff. the market's worried that if the democrats sweep which is unlikely, the corporate tax rate will go up from 21% to 28% and shave $20 off the s&p 500 earnings. that's low probability and as such, i think ryan's data holds that not only do you see an average of 3% after that type of run in november/december in the
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month of january, but for the year, the following year, the average since world war ii is 18.1%. you couple that with upward earnings revisions over the last 12 weeks, 2021 earnings have gone up almost every single week. that's rare. it's only happened two other times in recent history. 2010-2011 and 2003-2004, which were the beginning of multi-year bull markets. so what's the trade? i think this is the year of the last shall be first. so trimming the stay-at-home trade, the tech and growth adding to the reopening trade, value in cyclicals. we like banks, we like energy, we like defense stocks, and our top four picks for 2021, liz, are wells fargo despite its recent rally, exxonmobil, raytheon and we like walgreens boots alliance. liz: i could see that. i could see walgreens boots alliance. i could see cvs, phil. i could see any of these names, because we are waiting on this
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vaccine and at some point they will just give it to the store chains and say you guys do it because this is not working out well at all, but what do you think? does this volatility, and can we show the vix? earlier, it was up 27% so a lot of fear in the markets. i think it moderated just a bit. does this predict what we can expect to see at least in the next month or two? >> i definitely think you will see more volatility. let's face it, i'm amazed the vix has been as calm as it has been for the last couple of weeks. you have so many things in the market, the possibility of more lockdowns we are hearing in the uk, this georgia runoff which is really making the market freak out. i'm surprised we aren't more worried about it. in the big picture, let's think about what will happen if some of these worst case scenarios happen. even if we get a shutdown, i think you're right, cvs, walgreens boots alliance, all those stocks are going to do very very well because everybody is going to need this vaccine
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and will be running to get it. i do think that that's a possibility. i also think, think about the georgia runoff. okay, there is a risk, of course, if the democrats control both the house, the senate and the white house, and we are going to see higher corporate taxes, but we are also going to see a lot of spending. a lot of that spending will be on infrastructure. so for commodities, that's going to be the place to be. that's why i'm kind of looking at, for example, the vanguard commodity index which has really come back since last june to have an incredible run. that looks really strong into the next year. then if you look at the global demand picture, look at natural gas. i think natural gas, we are going to be the world's supplier of natural gas over time. we have the cheapest natural gas in the world. that's going to open up more and more with the lng trade and i think that will be big in this year. liz: phil, you just mentioned it and we do have this breaking news, because it is now official. we have this news, moments ago, british prime minister boris johnson addressing the entire
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nation, the united kingdom. he outlined tougher restrictions. this was expected, but the restrictions involve slowing the spread of covid-19 in his country, including new lockdown orders that will remain in effect until, we are told, mid-january. all schools and non-essential retail will be closed across britain. closed entirely, as the country fights a new faster-spreading strain of the covid virus. johnson says hospitals in the region are under more pressure than ever, than at any other time since the start of the pandemic. the lockdown orders coming as the united kingdom becomes the first nation to roll out that new oxford/astrazeneca vaccine at hospitals today. they have the vaccine but they just can't seem to jump ahead of it at the moment. we are looking right now at astrazeneca. it is up just under 1%. we will be talking to the ceo of the mayo clinic in just a moment. we will find out more of what he thinks about the lockdown and what kind of effect lockdowns really have. we will be watching that and
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more. roku off to a rough start to 2021, after popping on reports it might buy the content catalog of the now defunct short form streamer quibi. today's loss is cushioned, you know what, by a 137% gain in 2020. roku is pulling back just a bit. investors forgive them. for the top stock of 2020 hitting fresh highs. tesla shares on their way to their 7th straight win that was telegraphed on news by a prediction elon musk made right here with me outside fox business studios more than six years ago. the 2014 throwback you've got to see and hear to believe. we will play it for you coming up. closing bell ringing in 47 minutes. dow is down 481. "the claman countdown" is coming right back. [ sigh ] not gonna happen.
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teledene technologies at the bottom of the s&p but fleer sitting on top. the former down 7.33%, the latter jumping 19.5%. telodyne provides electronics and telecommunications products, it's at $52.35. even though flir hasn't already jumped to that price, it may be looking at that number as an overpayment. not the case with centine which is acquiring magellan health for $95 a share in cash. magellan owns a pharmacy benefits manager and provides behavioral health services. both names are moving higher. today's m & a deal extending the trend we saw over the last two weeks of 2020. nearly 2500 deals were announced globally, the most on record. shares of alibaba under pressure at this hour.
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this is a real question mark and head scratcher. investors and frankly, a lot of other people who don't even own the stock are questioning the recent absence of founder jack ma from the public eye. ma has not been seen since late october during a forum in shanghai where he pretty strongly criticized chinese regulators, saying that they really ruin any kind of entrepreneurial spirit and creativity when it comes to building businesses. baba down more than 10% from christmas eve, when china launched an antitrust probe into the company. it's down another 2% and this all came about as they started to pressure ma about his other company he wanted to take pub c public. that hasn't happened yet. chinese electric vehicle maker nio more than doubled deliveries in 2020 from the year before. wedbush wrote a note calling the chinese ev market white-hot. i can pull up nio for you, see what nio is doing at the moment.
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boy, has it been white-hot. it's up another 9.25%. that brings us to ev giant tesla, hitting a new record high, briefly touching $700 billion in market value on the first trading session of 2021. the stock is moving higher by 3.5%. tesla surging after exceeding its production target of 500,000 vehicles last year and just falling short of 500,000 deliveries. almost making it, though. this production target should not come as a surprise at all, if you were watching me and my team's show here a little over six years ago when right there outside of the fox business studios, elon musk joined me on the fox plaza and had this prediction about ramping up production. >> we'll be able to achieve at least half a million cars a year by 2020. you know, maybe we can do a bit better than that but that's what i feel comfortable predicting.
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liz: that's amazing, right? if you can dream it, you can do it. he made it happen. yeah. but tesla is not the only major car company in the news at this hour. to cheryl casone, the latest on the fiat chrysler peugeot merger? cheryl: done deal. welcome back. good to see you. shareholders from both sides green-lighted the deal. this will create the world's fourth largest car maker. fiat chrysler up more than .25%. the deal should be done by the end of march. the name will be shiny and new, just like a new car. the vehicle giant saw strong shareholder report and the deal will combine some of the hottest names out there, jeep, fiat, dodge, maserati, peugeot, citron
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and opal. merger plans were announced in 2019 before the global coronavirus pandemic. terms were amended this past september, taking into account the new world order which led to a sweetened offer for fiat investors. there was a lot, by the way, of m & a. last year m & a was so big, deals hitting a total of $3.6 trillion in 2020. astonishing, right? only down about 5% from 2019. this included the s&p global $44 billion acquisition of ihs market, amd snapped up xilinx for $35 billion and astrazeneca absorbed alexion in a $39 billion deal. now we have car makers following in suit, strongly following, if you will. liz: who comes up with these names? did you know my very first car
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was, god, it was like a 7-year-old peugeot turbo diesel with 101,000 miles on it. cheryl: i want pictures. liz: it was -- the diesel fuel was not great but hey, got me around. thanks, cheryl. i invite all of you to check out my ultimate tesla test drive experience. i figured out the keyless entry. got to watch all of that. i hit the road in the all electric tesla y. it has gotten, this drive-along, it's gotten more than 470,000 views on tiktok alone. if you haven't seen it, you can check it out. my tiktok handle is @redfoxliz. got red hair, work at fox, name is liz. it's everywhere, check it out wherever you want but half a million views right now. i'm still deciding whether to
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take the plunge and spring for one. elon musk absolutely a new age capitalist, right? starting companies right and left, knowing they might fail but going all-in. what's the future of capitalism? charles payne tackling that and he will look at what capitalism might look like in the coming year in fox business's next virtual town hall january 13th, 2:00 p.m. e-mail your questions to investedinyo investedinyou@foxbusiness.com. watch out, espn. just as march madness plans are now announced, we've got the ceo of the publicly traded sports and e-gaming company that's coming right at the disney owned sports empire. the ceo of the score is here to give his 2021 game plan ahead and where he's already crushing espn. closing bell ringing in 36 minutes. we'll be right back. stay with us.
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liz: all right. fox business alert, the announcement just came a few hours ago. one of the sportser wor eworld' biggest casualties of the 2020 sports world will officially be back in 2021. the ncaa has revealed march madness, the division i men's basketball championship tournament, will be back and in a very tight bubble. all games will be hosted across the state of indiana. of course, being aired on turner sports and cbs, the parent companies of both of these names are up on the screen right now. viacom and at & t. the championship scheduled for april 5th inside lucas oil stadium in indianapolis. the news is music to the ears of not just sports fans, but sports companies around the world. huge money at stake here. if you assume espn will own all of this or maybe cbs sports, there's already one media giant
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beating them both in a key area. joining me in a fox business exclusive is the ceo of that company, john levy of thescore, parent of score bet. john, first your reaction to the ncaa news. >> amazing, fantastic. excited. it's more evidence of what the leagues and teams are doing, you know, to work through the sort of covid, the whole covid experience, right. basketball kind of figured this out, do it right, do it safely, and indianapolis which is amazing, a hub of sports basketball forever, collegiate, pro. it happens to be a state in which we are licensed so it's even better, in terms of score bets. we're very very happy about this announcement. we thought it might be coming and we're very excited. liz: well, let me just say that every game is going to be played in the state of indiana. that's how they are going to do that bubble. when you talk about where you guys are licensed, that is of course for your online betting
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site, thescore bet. you guys are in four states -- well, three, then iowa soon. but indiana happens to be in one of these states. this is like a gift with a huge bow around it for you, is it not? >> it is. absolutely. absolutely. we were kind of hoping it was going to be that way. listen, everybody loves the regional approach to march madness, where you get to see it in communities all across the country but it just doesn't work this year. the fact they picked indianapolis is just huge for us. you know, it's going to give us some opportunities to do cool promotions, some cool stuff our dpi guys are already working on. you're right, it's music to our ears. it's all part of trying to figure this stuff out and be adaptive. that's kind of what the companies that are succeeding not just in the sports world, but in the world in general, that's how it's happening. liz: part of that has to do when you talk about adapting to the unique structure of your
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company, which is both a media company and an online betting company. very unique. but here's the metric where you are actually beating espn. when it comes to minutes of engagement per month, you guys far and away are beating the competition. you've got about 137 minutes per visit or monthly followed by bleacher report, which is 101 minutes, then yahoo! sports, 78 minutes. i would have thought espn was higher. it's at 74 minutes. there is still, of course, the biggest known brand when it comes to strength but you are second when it comes to brand strength so let me just ask you, with the nhl starting up in a couple of days, nba is already, we have already had tipoff there, ncaa, as we know. we got my browns finally in the playoffs. >> congratulations. liz: thank you. this has got to be a total super bowl for you guys. >> yes. no, it's amazing. again, the scheduling is all out of whack, right?
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traditionally, your program, certain things start at certain times and that's just not the way it's been this year. in fact, it's worked to our advantage because there's been so much sports. we were worried during the summer when covid hit a year ago, we talked about march madness, we had just started. we were just ramping up. we started taking our first bets in september. we were launching, we were excited, we saw growth q2 over q1, our year starts in september and boom, it all collapses because of covid. with we didn't know when sports was going to start again. march madness was off the chart. now it's back, right? now it's coming back. it's tremendous. liz: you guys are publicly traded, you are about half a billion market cap but i do want to ask you quickly about the betting world. you've got a lot of consolidation. mgm just got rejected in its attempt to buy the uk outfit and parent of that company, then you already have william hill bought
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by caesars s. what if somebody wants to buy thescore? >> you have to talk to them about stuff like that. what we concentrate on is really the unique approach. you really nailed it at the beginning. digital sports media company, you talked about our success in terms of the digital landscape second only to espn basically in terms of mobile apps, but the whole introduction of sports betting was done differently with us. it wasn't a separate app. well, it is a separate app because you got to get licensed that way, but the whole idea was to make it easy for the end user, integrate sports betting into the media experience. and you know, that's what a lot of these mega-mergers are trying to achieve. you got the betting companies on one side, the media companies on the other. you have seen the numbers with respect to sports on traditional legacy broadcasting. unfortunately, it's diminishing. whereas in the digital landscape it's going up. i think part of the reason the
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digital landscape is going up is over the course of the last year, sports betting really has been a catalyst to actually draw people into that universe. liz: we've got to go. thank you. we've got a commercial break. i will be cut off. we'll be right back. your daily dashboard from fidelity -- a visual snapshot of your investments, key portfolio events, all in one place. because when it's decision time, you need decision tech. only from fidelity.
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"you have cancer." how their world stopped and when they found a way to face it. for some, this is where their keytruda story begins. keytruda-a breakthrough immunotherapy that may treat certain cancers. one of those cancers is advanced nonsquamous, non-small cell lung cancer, where keytruda is approved to be used with certain chemotherapies as your first treatment, if you do not have an abnormal "egfr" or "alk" gene. keytruda helps your immune system fight cancer, but can also cause your immune system to attack healthy parts of your body. this can happen during or after treatment and may be severe and lead to death. see your doctor right away if you have new or worse cough, chest pain, shortness of breath, diarrhea, severe stomach pain or tenderness,
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nausea or vomiting, rapid heartbeat, increased hunger or thirst, constipation, dizziness or fainting, changes in urine or eyesight, muscle pain or weakness, joint pain, confusion or memory problems, fever, rash, itching, or flushing. these are not all the possible side effects. tell your doctor about all your medical conditions, including immune system problems or if you've had an organ transplant, had or plan to have a stem cell transplant or have lung, breathing, or liver problems. today keytruda is fda-approved to treat 16 types of advanced cancer. and is being studied in hundreds of clinical trials exploring ways to treat even more types of cancer. it's tru. keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story.
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inoculating 20 million americans against the deadly virus. on the front lines of this mass vaccination effort is the mayo clinic, one of the largest not for profit academic health systems in the u.s. which also is ranked number one by "u.s. news and world report." the ceo and president of the mayo clinic joining us in a fox business exclusive. doctor, welcome. happiest of new years, as best we can hope for. what do you make of this idea to give half the recommended dose to younger people, in other words, not completing the full regimen? >> first of all, thank you for having me. we just got towards the end of a really challenging year, a year that resulted in too many lives lost, emotional and physical exhaustion with health care workers and certainly effects on the economy and jobs. within all this pain and suffering, one bright light has been innovation and that includes vaccinations.
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we have sach afe and effective vaccines and that's why people are really interested, how can we get them into the arms of people as soon as possible. certainly we can do that by having more vaccines available. we with knknow from a variety o different manufacturers we will have more vaccines available, we can increase the pipeline that allows us to produce more vaccine and then we have heard in the united kingdom of the plan to do more of the first dose and delay the second dose, and now we have heard of the possibility of reducing the dose from 100 micrograms to 50 for moderna. i firmly believe that it's important we fix what our clinical trials have demonstrated, two doses at a set time period apart. i know in the moderna case, the phase 2 trial did have 50 and 100 microgram and the importance
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is to be driven by those data as we determine which way to go. liz: the science, we have to wait to see if just a single shot, the so-called half dose, would be enough, and later down the line, as these companies start to manufacture more, that they get it eventually, the second dose, but not within that 21-day window. have you ever seen that work before? >> so couple of issues here. one is one approach would be to delay the second. the other approach is to reduce the amount in each dose, that's one for the pfizer vaccine, one fw for the moderna vaccine. in the phase 3 trials, the time period was fixed, three weeks for pfizer, four weeks for moderna between the first and second dose so clearly, we do not have data that would suggest that it is safe to delay the second dose. doesn't mean it is not. but the current trials were not set up that way, therefore, at
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the moment, it is the recommendation of the fda to stick to the initial time period. liz: doctor, the pandemic has exposed some very serious systemic flaws at i guess the government level. what would be the first thing that we need to transform, and how have you been handling the vaccine rollout at the mayo clinic? >> well, first, we need to acknowledge that this is a remarkable logistic effort. you also need -- it's a medical marvel. to be able to have safe and effective vaccines, not one but more than one vaccine in ten months is something that's never happened before and it is actually encouraging that so many people want to get their vaccine, suggesting vaccine hesitancy may be less of a problem. we hope it will continue to be less of a problem. we planned ahead of time, we had a lot of dry runs and were able to vaccinate large numbers of people at the same time, so any time we get the vaccine, we are able to give it. as a country, we need to be able
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to do so and we will over time, because of course, this happened during the holiday season. it also happened while the surge was going on, especially in california, arizona and the southern part of u.s., which makes it hard for health care systems to take care of very sick people but fundamentally, we need to understand we need to continue to plan for the next pandemic. that means not planning for the next covid pandemic but actually planning for whatever new pandemic will come our way. liz: we don't even know. one last quick question, because we are running out of time. you guys have gotten really high marks for your covid survival rate. a lot of that has to do with the digital effort you put together. meaning what? >> we took the approach that in order that one, we want people not to get infected. if they get infected, we want to treat them early. that includes monoclonal antibodies. then we set up a digital
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infrastructure where we monitor people safely in their home so they don't need to come to hospital unless they really need to, and we set up a program together with our partners to safely look after patients, then once they're in the hospital, do the latest of technologies to give them the result that we see. liz: dr. farrugia of the mayo clinic, stay well, stay healthy. thank you so much. we'll be right back. don't go away. time to start brushing with parodontax toothpaste? if your gums bleed when you brush, the answer is yes. the clock may be ticking towards worse... parodontax is 3x more effective at removing plaque, the main cause of bleeding gums parodontax
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tomorrow's senate runoff in georgia that could either solidify or break up the republican stronghold in the senate. to charlie gasparino. charlie, what are your sources preparing for regarding tomorrow and what may happen after that? charlie: well, the market really took a leg down today when the betting markets predicted and some of these other markets for online betting, they began to price in essentially that democrats were leading in the polls and that they could win the senate by picking up those two seats. if they pick up the two seats, if jon ossoff and reverend raphael warnock win, the two democratic challengers to kelly loeffler and dave perdue, if they win, it's 50/50 in the senate, it's still not an overwhelming majority but kamala harris, the incoming vice president, could be the tie-breaker and the rationale is obviously that if that does happen, biden could be very aggressive in his fiscal policy in terms of higher taxes for investors in particular, higher taxes on corporations, raising
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the upper tax bracket, corporate tax rate, capital gains taxes. so that's essentially what you see here today being priced in. i do want to say a few things. there is a path to victory for the republicans so before we get ahead of ourselves, and it's, you know, the light voting, republican voters generally vote in person and they could turn out overwhelmingly. i speak to more than a few wall street government affairs officials who are closely monitoring this because it obviously could have an impact on their corporate tax rate. they say don't count the gop candidates from pulling out a narrow victory here. it could be a long night tomorrow. that said, there is a split decision among republicans. some people think the democrats have a much better ground game. the other thing is, liz, that you know, there could be a selloff but we have record low interest rates. markets also like a lot of spending which the biden administration could enact. that could be good for stocks going forward after a recalibration.
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so remember, this is short term, what people are pricing in now, and most of our viewers are long-term investors so those are some of the things you have to consider. want to say one other thing, liz. i did move fannie and freddie shares a little higher today and it's based on the speculation that the trump administration isn't really done with fannie and freddie, that there could be some sort of an amendment to what's known as the pspa, which is a complicated way of saying the rules that govern fannie and freddie's capital requirements, and that that amendment could set a sort of framework to release them from government control in the future. again, that could happen still in the waning days of the trump administration. it would be considered a net positive for the stock. it's not a huge game changer, though. a lot of this stuff is going to be dealt with after a supreme court ruling on fannie and freddie which comes probably in the summer, and of course, joe biden's going to have his say on how he wants to handle housing policy through the two government-sponsored
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enterprises. back to you, liz. t liz: i thought you were going to say i want to say one more thing, liz. welcome back. charlie: oh, welcome back, liz. you didn't welcome me back. i have been gone, too. liz: missed you, my friend. coming up, apple, sonos and the heavyweight champ of all time stocks, tesla. scott the guru redler, next. you're clearly someone who takes care of yourself. so why wait to screen for colon cancer?
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healthcare benefits. including coverage for prescription drugs, dental care, eye exams and glasses, hearing aids and more. a licensed humana sales agent will walk you through your options, answer any questions you have and, if you're eligible, help you enroll over the phone. call today and we'll also send this free guide. humana, a more human way to healthcare. liz: all right, we have the market selloff. breaking news alert here. the closing bell ringing four 1/2 minutes. says new york now confirms its first case of the more contagious strain of the coronavirus that just about half an hour ago sent the united kingdom officially into a new lockdown. so right now the dow well off its lows, down about 403 points. that is the worst since mid-november. but the s&p is enduring its worst day since
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october 28th. let's flip it over to the volatility index. which is known as wall street's fear gauge. it was up as much as 27%. it pared that back, still 18% set to close at a two-month high. on this first trading day of the new year we've got volatility but if we look back at 2020, apple gained about 50% since the start of last year and sonos jumping 48.6%. can we show tesla? tesla up 760%? nio up 1200%. and little or lesser jumia technologies up about 431%. what do all these names have in common besides huge gains? they were scott redler's best calls for 2020. the famed trader calls us for the gun 2001 kick it off
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mr. redler. >> thank you for having me again. we went over monthly different plays that went for traders with a plan. let's kick off 2021. i know there is a little volatility today but that is what usually happens the first few days of the year. i'm only allowed to give you three plays. one which should be the benchmark of any portfolio. start with apple. on day four down. this is name you can turn to even if volatility stays. not a bad idea to have apple in the portfolio, something over time that could work out well. i wanted to geoff you two speculative names like i did last year. one is fuel cell. fcel. it is in the whole clean energy sector. we're moving towards evs. even buildings the emissions codes are getting up to standard. biden's mid-strain wigs which is very clean energy pro, or
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proactive. i think it's a little speculative but here at $10 you can get 100% on your money at some point in 2021. and then everyone has been talking about all the spacs. spac here, spac there. a lot of them worked out very well last year i want to give you one focusing on i'm trying to accumulate. symbol is inaq. this is mark cuban's spac. i like the company that is coming in there, metro mile. some people think it could be a disruptor in the insurance industry. what they're going to do, they are going to charge you per mile versus per year which is very interesting for millenials and hose who don't want to be anyone else's car but don't use the car as much. with those three plays it is pretty well-balanced. we'll get plays every single month, every single week, based on the flavor of the market. investors look for three different types of scenarios. i think those three are different ones to bo with. liz: scott red letter, great to
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have you. we'll put his up at facebook.com/lizclaman. the website et cetera. [closing bell rings] kicking off with a selloff well off the worst lows for the session. what does that forebode for the year? welcome back. great to be back on "the claman countdown." connell: we have a selloff to start off the new year. that is for sure. stocks plunging after they hit new record highs earlier in the day following what had been a volatile, certainly a profitable year for investors that was 2020. welcome 2021. i'm connell mcshane reporting live from the state of georgia. we're in the atlanta suburbs, reporting live from marietta as we look for senate runoff races potentially could give democrats control of the senate if they're able to win both of those contests. there is a lot at stake for the economy we'll talk about. one

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