tv Varney Company FOX Business January 5, 2021 9:00am-12:00pm EST
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dagen: thank you, liz and john. john, like making me laugh like ray leota from goodfellas. thank you. that does it for us. "varney & co." starts right now. stuart, take it away. stuart: good morning. yes, here we go. he spoke for over an hour, crowd was enthusiastic. the president did not lose the election and is not going quietly quote. he says there's no way we lost order, that's what he said and quote they aren't going to take this white house, we are going to fight like hell. aggressive, competitive, the president is trying to reverse that november 3 election he was in georgia to support david purdue and kelly loeffler. if those republicans win the senate stays under republican control. if both the democrats
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win, john or soft and raphael warnock the senate goes democrat and the senate will be split. let me throw in a caveat it will be difficult to pass any kind of radical legislation when no party holds a significant majority in congress. moderates like senator's mansion and collins have little time for extremes. they will push for the left dangerous middleground. while the georgia election is the focus of a wall street today, the dow jones dropped 382 monday, tough start to the new year. it's a flat to lower by about a hundred points this morning getting close to the 30000 mark again. same with the s&p, down this morning after a loss yesterday in the nasdaq coming in with a loss as of right now. caution, as we saw yesterday, how the market opens is not necessarily how it closes. there's a lot to cover apart from georgia in
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the markets and here we go. we have a full scale locked out of britain. don't go out, don't mix with any other household. britain's economy is going to take another big hits. the vaccine rolls out in america, but slowly. states seemed to be to blame. less than one third of the vaccines it distributed so far have actually been used and the new highly contagious covid variant has been detected in new york state. one more for you, got to cover this. bitcoin holds a well above $30000. "varney & co." is about to begin. ♪ >> our country is depending on you speak. the stakes of this collection-- election could not be higher. >> you can break the
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gridlock that has gripped washington in this nation. >> the radical democrats are trying to capture georgia's senate seats so they can wield unrestrained absolute power. >> the power is literally in your hands unlike any time in my career, one state, one state can charge of the course for the next four years in the next generation. >> the senate seats are truly the last line of defense. ♪ stuart: once-in-a-lifetime by the talking heads, there you have it, president trump and joe biden making their final pitches to voters in georgia ahead of the crucial runoff election. jason is with us this morning. jason, if you watch that speech last night, i think think you would have to conclude that the republican party is
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a split. what you say? >> i don't think they are totally split. that was vintage donald trump. he's a fighter, not an insider. he's a disruptive president and a disruptive candidate. i think the key today is lower turnout and there's a bit of a mixed message. the message is there was fraud, there was a sum's shenanigans, but get out and vote. republicans have to get and vote. if they get out and vote i believe they will win. the other wildcard is the libertarians, about 100,000 libertarians that voted in the presidential election. who do they show up and vote for, those are big keys to the election today, but it's a record turnout and most people will vote today and most people that vote traditionally have been republicans. stuart: do you think republican candidates win today? will you make a prediction? >> i do.
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i think purdue is in a stronger position. republicans already have 50 senators a seated, but they need to pull off one, if not the two in order to have a balance of power. joe biden, i don't know what he's talking about saying he wants to in the gridlock. what he wants to do is what alexandria ocasio-cortez said, if democrats take these then they don't even need to negotiate or talk to republicans and they want rule. stuart: i'm sure you are aware of this already, senator josh hawley said his family was targeted by antifa. he said his wife and child read home alone in dc when protesters showed up. they threatened his family. his house was to some degree vandalized and they were pounding on his front door. is this a sign of the times? is this where we are today, jason? >> yeah, unfortunately we had been there for some time.
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no one should have to go through that. it's an issue for the capitol hill police, one of the best police forces there is, but he has been vocal in that makes him a target, unfortunately. stuart: they called out the national guard for demonstrations in washington this week. that's an interesting step. >> yeah, i think they-- there is a lot of people upset about the election , but i worry about the antifa and radical left. some agitators will come out. they have come out in the past. we have seen them outside the white house when republicans were gathering. we've seen them a number of times and when you have such emotion and high stakes you have to make sure you have the force necessary to keep them in their corner, so to speak. stuart: i think the public frankly is set up with toxic politics. last word to you. >> yeah, i think there is election fatigue and i think they want to turn the page whatever page that might be and
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get onto productive things. i agree. stuart: jason, thank you for being with us. see you soon. have a look at the markets, pretty much across the board we are flat to lower the gentleman in the right-hand corner this week is mike murphy. mic, all eyes on the georgia elections today. would you buy anything today ahead of those election results? >> good morning, stuart. i would. if the markets give us an opportunity like yesterday where we put the money to work in the s&p 500 index. we are going to get past the election you and i spoke about the presidential election, you know what i'm biden victory could do to the markets and could potentially derail the rally and i kind of argued the rally is a strong enough supported enough to get past a biden a victory in the presidential election. i think the same thing hold true today. it will cause volatility, but for people watching at home,
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they wanted to look for quality, for great entry points which i think we have one now and any selloff right now is still a bull market and any selloff is a buying opportunity. stuart: i'm going against at the great here saying even if the democrats win both senate seats the outcome for investors, not the economy, but for investors is not that bad because the two houses, the senate and house are closely contested, neither party has a significant majority. that means that extreme measures will be hard to pass except for a huge spending bill, which could be positive for the market. what to do you say? >> i'm going to agree with you. i'm going against the grain with you. i think it's a very important election, so i don't want to minimize that, but stricken from a financial standpoint, as an investor i don't think anything-- either of the outcomes we get zero or one-one, no
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matter what the outcome i think we are still in a bull market rally in what comes after the election or what the biden administration tries to put through, we will address that when we come to it, but still out of the pandemic, still looking at growth, still looking at the upgrade to technology we have in this country, there's a lot more upside to the market. stuart: but, you are not chasing bitcoin or the hot ipos, you aren't chasing any of them; right? >> bitcoin, absolutely not. i did not buy it at 8000 and i'm not going to bite at 30000. if you put your money there, you should understand what you are putting your money in and have a clear entry and exit point. stacks i think it's a completely different story. it's a way to get private companies we invest into the public market so that gives liquidity to the founders, liquidity to the employees, gives liquidity to venture
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capitalists like myself. i think what that starts is once you have built liquidity we are now putting the money back to work and the whole cycle will repeat itself so i love the idea of it. i think it's a great opportunity, but like any publicly traded company you have to do your homework and understand you don't just buy because the stack, you like it because you like the underlying business. stuart: mike murphy joins us this morning. thank you for being here lets go overseas for one brief shining moment as britain's prime minister imposed a strict new lockdown on the whole country. what is that mean, ashley? ashley: let me tell you, stuart, good morning. people in all of england must stay-at-home except for a handful of reasons including medical needs, food shopping, going to work if it's not possible to work from home and exercising once a day. or restaurants can to offer food delivery, no
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indoor dining but take away our call will be banned. golf courses, tennis courts, all close took also all schools and colleges have been closed and will revert to remote learning. the seven-day average of new cases in england is about 54000 with more people in hospital now then we saw in the first wave early last year. the new restrictions will be reviewed on february 15, which is five weeks from now. that impact on the economy-- well, we know what that will be. stuart: five weeks of total lockdown, my goodness. thank you. this highly contagious uk variants of the virus has been found in new york state. lauren, where exactly? lauren: in a 60-year old man that works out of saratoga jewelry store, so at the state. he did not travel and
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that suggests that this more contagious strain is community spread. it's in four states, new york, florida, california and colorado and new york governor says we are conducting 5000 tests plus searching for it. we haven't found in new york city yet, but they likely will, the more you test the more you find. he's also threatened hospitals with a $100,000 fine if summary hospitals have the vaccine, stuart, and they are not administering it, so sitting on the shelf or in the freezer. he said you get the fine if this week you had the vaccine and you are not giving it to your staff and if you get more vaccines you have seven days to use it. the point is a vaccines as we battle this more contagious variant should be in arms, not freezers. if the staff at the hospital don't want it, this is just me speaking, give it to someone who does because once you open the file you have a certain number of days to use it
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don't let it sit there. stuart: we will get into that whole story of healthcare workers not taking the vaccine throughout the show. thank you. democrat candidate john ossoff got a huge boost to his war chest from silicon valley, big tax loves him and pouring money on him. we will break it down for you. a new report shows between 20 and 40% of frontline healthcare workers in los angeles refused to take the vaccine. what is up with that? we are on it. checking futures, down across the board, but not a major selloff. back after this. ♪ trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard
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stuart: i'm going to show you think ted, pre-market prices as of now. they are all down. in fact, big tech had a terrific year 2020, but a rough start to this new year. season is here to tell us why. susan: talking about the worst is start to the new year. if the democrats win both georgia senate seats to gain control of the senate and the house that means possibly higher taxes, but more technical regulation so the big tech giants had a tough first today. appletalk and over two and half percent after a blowout 80% game last year, best among the big tech group. amazon, netflix, microsoft losing about 2% each, giving back just a little of the peaked gains last year. it's interesting how
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poor the companies themselves democrats are a threat to their business model and future profits. most tech workers in silicon valley donate to the democrats in the senate runoff. i would say investing these days especially in this year and this week, it's not a sector theme. i think it's a stock specific trading investment plays. stuart: i don't think that employees have much interest in the financial performance of the company, i think the board of directors have a interest in the financial performance of their company. susan: they should because they are killing off the golden goose that pays your salary. stuart: susan, thank you. texas congressman michael joins us now. congressman, before we go further, you have a blackeye. >> next to the last day
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of 2020, sort of my parting shot to the last year and once again 2021. stuart: i wanted to clear that up before we go further. trip and fall, okay. last night president trump spent some time talking about his own race, november 3 tier i want to know, do you accept the result of the november 3 election, if not, why? >> interestingly enough we will have a vote in the house of representatives tomorrow on that issue and my intention is to listen to the arguments. there are people that i respect on both sides of the question and senator chris, my senator, suggested things need to be looked at and i don't disagree with that. i will tell you this, stuart, and this is one thing that will be the hangup from this and we do need to get it right is so many people don't believe that the last election was conducted in a fair and free manner and as a consequence it will be difficult to accept
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things going forward. look, one of my highest priorities and trump has been one of the most successful presidents in my tenure, i would love to see him have another term, whether that's a term consecutive or nonconsecutive, i think the consecutive trump term holds promise for this country. first time since i have been up here that the president of the united state has not engaged us in a foreign conflict and i think that's worth a tremendous amount when you talk about futures, yet the fact that the future is unencumbered by having to be a-- fighting someone else's battles in a foreign land, that's pretty strong and this is the only president in my lifetime is actually delivered that. stuart: the republican party is a split on this issue, however. there's no way around that one. you are doctor. i want to turn to the vaccine. according to "the l.a. times", between 20 and
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40% of the frontline workers in los angeles county and up to 50% in riverside county have turned down the vaccine. what's going on? >> i cannot speak to what those decisions were, but it sounds like a mistake. look, and hats off to the people on our frontline medical personnel who are fighting this battle every day. there's growing evidence that this vaccine will begin to confer protection really pretty rapidly. as you know there's even discussion maybe we don't need two doses, maybe just one dose and let's broaden the number of people actually protected. i think that's interesting and i would like to see more information on that, but for heaven sakes it's incumbent upon us to roll up our sleeves and take the vaccination. stuart: i will be there to. congressman, thank you for joining us sorry about your blackeye but thanks for joining us. >> thank you. happy new year.
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stuart: left hand side of your screen, a lot of fred, but not a huge selloff. selloff yesterday, minor selloff today. back in a moment. ♪ hi, this is margaret your dell technologies advisor to listen, is to hear more than what's being said... and offer the answers that make someone feel truly heard. i understand, let's get started call a dell technologies advisor today.
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stuart: twenty-six minutes past the hour with future spring south, but not by a lot. voters in georgia head to the polls with control of the senate in the balance. brian belsky with us this morning. brian, you have been bullish constantly, bullish brian belsky. would you still be bullish if the democrats win both seats in georgia? >> happy new year and good morning. i would say yep, still bowl up but the makeup of the stock market in terms of what we will like will change. it's all about momentum and stimulus and we believe that if you see a massive blue wave, it just opens the door for what we think will be a very big stimulus package to begin mr. biden's presidency with ms. gillan. we think it's-- stocks
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will rocket from the free money again. i think the consensus is wrong and i think the first half of the year will be better than the second half of the year in terms of stock prices a. stuart: i'm with you on that. i think if the democrats with both the senate seats in georgia, it will not be a market catastrophe, may be bad for our culture, but not for the market because as you say, we can expect a whopping great big stimulus program coming out of this with an enormous amount of money being spent which could only be good for wall street. how high do we go cracks >> we are still sitting at 4200 and terms of beer and a price target but the makeup of what gets us there could be different especially given the fact if we have a blue wave it will be more internationally focused. borders will be open and companies will potentially change their supply chains so international growth
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could fuel quickly added that could spur the market especially technology industrial stocks. stuart: would be the same thing if republicans win both seats in georgia? >> we would maintain our 4200, but i think also much more balanced in terms of the performance and that's why we are equally waiting growth and value with respect to the market but regardless of who wins the senate seat we think the first half of the year will be stronger than the second half. stuart: real fast, do you guys have any interest in bitcoin? >> zero. zero interest in bitcoin. i think it's a poster child for the momentum trade and i would not invest money in mid--- bitcoin right now. stuart: straight to the point, bitcoin not part bullish brian belsky. thank you. come see us again soon. we have precisely 20 seconds to go before we open the market. we are going to be on
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the down side, but not by that much. remember, yesterday we opened higher end and then we simply toppled, fell out of bed throughout the rest of the day and ended with a 380-point loss for the dow jones. the way we open is not necessarily the way we close. here we go on trading. 40, 50% lower for the dow jones. 80100, that's the dow jones down a fraction. s&p 500 also moving lower after it are dropped yesterday that's not a big selloff. .13%. the nasdaq, down about a quarter of 1%. of the bigger losses in the nasdaq compared to the s&p and also to the dow jones. we have a lot of movers this morning with stocks that are moving sharply and of starting with docusign. did they get an upgrade?
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susan: yes, i'm bi with about $300, up 35% from today and a stay-at-home winner tripling last year by providing digital signatures. pieper says that's not going to change even after the pandemic so analyst community three quarters of them are bullish call in the stock a buy with average analyst averaging 25% more upside in the stock stuart: no wonder it's up. how about micron technology, they got a boost this morning from whom and why, lauren? lauren: from city, it was a double upgrade so from a cell all way to a by an $100 price target so this is why, city says they see an upturn in the marketplace for certain chips that they make that would bring in strong demand compared to supply: the largest imbalance since 2017. we will get more because micron reports thursday.
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stuart: thank you. how about this, as opposed to an upgrade how about a downgrade, multiple downgrades for first solar. what's the problem, actually? ashley: already a dark session, down 4%. the maker got a double downgrade from goldman sachs, lowering the stocks from a by to a cell. we love it, we hated, also cutting the price target from $101 to $81 and analysts at goldman apparently believe in that earnings and markets are peaking and they also expect more headwinds tour the business and by the way last year the stock gained 70%, but starting the new year again, not so bright. stuart: now look at lululemon. dorsch a bank has upgraded them to what, it's a three under 60 to what, lauren? ashley: they are call he them a short term by idea giving them a
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$402 price target, so a nice boost. they said the holidays were great for lululemon, new products, low inventory. when lululemon reports their latest earnings next week they say they will see a positive update likely raising sales growth forecast below 20% range could the stock is up on those comments. stuart: thank you. airlines asking the president to lift some travel restrictions to increase their business, obviously. ashley, tell us what they're looking for. ashley: what they would like is to have the entry restrictions on international travelers lifted and also require more passengers to take covid-19 test before boarding. in a letter sent to vice president pence, the airlines argue the travel restrictions should be removed and replaced by a global testing program. cdc proposal would require international
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travelers to produce a negative test before entering the us and as it stands now, the us restricts entry among passengers from europe, united kingdom and brazil. stuart: and all the airlines are up a fraction the story. show me airbnb, please. strong debut last month, but seems to be losing momentum. susan: down from 18% from the ipo peak at some wall street firms starting coverage on the stocks in this morning citigroup and atlantic equity joining the neutral call on the stock. out of the 20 analysts now covering airbnb, only one third says 30% airbnb has more to go from the levels as high as $200 for the stock and as low as $130, but most say if you have it keep it, don't buy it, it's one-- worth $140 and change. stuart: interest, they are getting a price target hike.
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how much, lauren? lauren: $280 a share from morgan stanley. they are calling it one of the biggest beneficiaries of the behavioral changes around shopping meaning with the pandemic is like an online shopping mall for people shopping with her fingertips and also see strong ad growth as they lump it in with google and facebook as a 2021 top pick. the stock isn't moving much, but as you know in the past year it's up over 250% seal unless not forget that. thank you. checking the big board, they have turned around it we opened a lower and now, we are fraction higher. don't expect a lot of price movement today. i know that's a dangerous thing for me too say, but we have the georgia elections which are very important. you won't get the results until late tonight and maybe not even until tomorrow so the market on a bit of a
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positive. check out the 10 year treasury yielding .93% this morning. gold, where's that? 1947. bitcoin, where's that? $31860 per coin of nearly 1% in the price of oil i'm guessing 47, 48, 49. there goes my cheap gas. susan: the fear gauge is like 20% this week over the georgia runoff. stuart: the dow jones is up and 57 points. for the last four years we have witnessed the media exposing their true disdain for president trump. have a look at this. >> is this president trying to impersonate hugo saw the edge trump makes me medicated and hospitalized. >> the president will be removed. >> he will resign.
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>> i'm thinking you know fidel castro, julius caesar. [laughter] stuart: this is an op-ed from joe contra, for the media, breaking up with trump will be hard to do. joe is on the show next hour. the power of america up for grabs right now with voters in georgia heading to the polls to decide which party controls the senate. we are covering it all morning long. varney continues. ♪
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jones, up on the nasdaq and sap as well. he's a tough call, he was in charge of getting president trump's tax reform effort through congress. he managed it and resigned later. he goes to ibm and the stock is up. ceo steve volkov is retiring after 26 years in that spot and for some reason the stock is up. with this expected? susan: it was a bit of a surprise. we weren't expecting this with him stepping down meaning the president is stepping in as ceo of the chipmaker. it's one of the biggest four chips at least, in fact the biggest chip maker for mobile phones with these lucrative patents sounded which means they get a small fee from virtually every smartphone maker. last year jumped about 70% and chipmaking is getting competitive as apples and other are now
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making their own ships to get bigger in the industry. they have shall i say an adventurous tenure because in the last few years they had at lawsuit with apple pushing off a hostile takeover and of course getting rejected by china on the 50 billion-dollar deal. stuart: i remember in the 1990s it went up one date $200 a share. susan: how much is $200 percentagewise? stuart: i don't know, about a third. look at the 10 year treasury yielding .94% as of this morning. mark granite is with us, favorite guest. mr. grant, i read your stuff and i know what you are saying. you think we will have treasury yielded negative that we are going to negative interest rates where you pay the borrower for
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heaven sakes like they do in europe and asia. let's suppose you are right and we go there, doesn't that simply mean that our government can borrow money free of charge? >> that's exactly what it means, stuart. you are exactly right. i think with the new administration, we will be borrowing more money, that's been made clear by president-elect biden and i think that there's a good chance that the congress and administration is going to put tremendous pressure on the feds to lower interest rates even further down into the negative territory, following the european union and japan and another of others. stuart: if i were to go out now and by, myself a 10 year treasury, not as part of a bond fund, not like that, but i went out there and by that thing and you turn out to be right and
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decodes to a negative yield, i would make a killing if i then sold the bond yet later because the price goes straight up. >> writes, but what we see right now as you know, i call this a borrower's paradise and fixed income investors hell because bond, not only treasury, but the bloomberg corporate index is 1.77% and there is just no yield with the exception of some closed end funds and etf's, but regular straight bonds either treasury or corporate, just no real yield available, just makes it awfully tough for seniors, retirees, pension funds and so for. stuart: what happens to the stock market if we go to negative interest rates? >> it will void the stock market because the feds will then have added to their balance sheet and there is a direct correlation between every time the fed has added to its
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balance sheet and the price of equities meaning equities will go up as a result. stuart: what a situation. never seen anything like this before and that's the truth. mark grant, happy new year, prosperity in 2021 if we can get there. >> happy new year to you. god bless. stuart: labor union representing millions of front-line grocery strict workers can't for more safeguards, that after about 140 employees at a washington state cosco got the virus. with the union asking for, lauren? lauren: the vaccine because after those 145 workers got it cosco stayed open so the union is saying their front-line workers lives are on the line, give them a shot now. cdc guidelines, where to grocery store workers stand? they come after the
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medical workers in the long-term care residents , so they are no 1b phase, but the union says give it to them. stuart: if you give it to them, will they take it? we will get into that later. thank you. moderna's increasing the number of vaccines it produces this year. how are they going to do that? lauren: they built up their capacity and hired more workers, so they can make between 600 million and up to 1 billion in 2021, that's global so the us has 200 million shots on order with the option for 300 million additional. stocks are down today, but it was a rare green arrow yesterday, up 7%. moderna in the past year up 450%. stuart: 450%, didn't see that coming, should have. for weeks we have heard the georgia election
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dictates america's future, socialism or capitalism, what's in store? i will give you my opinion on what's at stake at the top of the next hour. is a major theme on the show, businesses leaving high tax states were greener, more affordable pastures elsewhere took wall street is leading that charge and we have a report on it after this. ♪ [ sigh ] not gonna happen.
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stuart: any movement that amazon makes, we tend to think it's important. well, amazon just purchased a bunch of aircraft. is that important? susan: eleven aircraft from delta airlines and west jet. it will join amazon air cargo network. it's important to check on the other shippers like fedex and ups because when amazon starts to deliver their own packages that means they don't do-- need the services of the others and it will probably be a hit to their revenue. stuart: that's with the 11 cargo jets are going for? susan: yes and morgan stanley
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says in three years time amazon will deliver more packages and ups and fedex, over 3 billion or so. that's a big threat to their business model. stuart: now, wall street and you could say they're moving south remote work continues to increase around the country, big firms fully high tax states, going to florida and texas. christine is in new york for us. which is the latest firm to pack up and go? >> virtue financial announced their closing 75% of their offices in the big apple and headed to florida, one of many firms seeking out warmer climates, lower taxes and more affordable housing. we saw over 30 financial firms from citigroup, credit sweep, ups, the list goes on, all aggressively shipping staff from places like new york city and sometimes california to warmer climates in texas, florida, north
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carolina and tennessee and it's not just finance guys. we had techie people shifting as well to texas with the latest numbers from 2020 from the census bureau saw 663,000 people that left california and 82000 went to texas meaning there's a lot that a lot of vacant office space in new york and texas. >> you don't need to have that expensive real estate address in a shiny building in a big city and they can opt for states that half lower corporate tax rates where individuals don't have to pay any state income tax and companies are really quickly moving. >> it looks like the big apple and certain parts of california have attracted talent for decades, but now you have really expensive housing, higher taxes, stricter regulation and it makes it difficult to do business.
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this isn't the only game in town anymore. stu? stuart: by the way it's not just business moving, and if a court about tom brady and his wife are fleeing new york and ashley, can guess where they are going. ashley: how about indian creek island, in miami, also known as the billionaires bunker. jared kushner and evocative romp will be among their new neighbors. tom and his wife splashed out more than $70 million to the new miami digs after selling their tribeca pad for $37 million. reports say the couple planned to demolish the miami home and build their dream home, so $17 million for a teardown took well, life is good, is it not? stuart: so i'm told.
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♪. stuart: sunday best. interesting. i didn't get that from the lyrics but that is the name of the song, sunday best. it is 10:00 precisely here in new york. it is 7:00 in california. who is with us in the 10:00 hour? joe concha, will cain, hegseth makes a return and brian killing mead. in the 11:00 hour, elizabeth macdonald, lara trump and larry elder. markets are in the green, not a major rally. you're up 120. you're at 30,350. interesting. the latest on manufacturing. i think lauren has got that. what have we got, lauren? lauren: the manufacturing sector really advancing in december
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coming in at 60.7. stuart: whoa, huge. lauren: according to ism. really strong numbers about. we had the contraction in april and every month since the sector has expanded. this is very good news. stuart: that is very, very strong. anything above 50 indicates expansion. and anything above 60 indicates very strong expansion. the markets had a little bit of reaction to it. the dow up 130. not much reaction for the s&p and nasdaq but those are very, very strong manufacturing numbers. the economy is pretty strong. now this. what happens if the democrats win both senate seats in today's election georgia? answer it would be a 50-50 split with vice president harris making chuck schumer the senate majority leader. he picks the chair of all the powerful committees which dictate policy however an even
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split requires absolute party discipline. neither side can afford to lose a single vote. which means moderates on both sides could quash extreme proposals. all right. what happens if the democrats win just one georgia senate seat? answer? no change. republicans still run the senate and mitch mcconnell is still the senate leader. what happens if the republicans win both seats? that would be 52-48 balance of power. no change. be republicans keep the senate. for weeks we heard georgia elections dictate america's future, socialism or capitalism but is it really that clean cut? both the senate and house are very closely divided. no matter what happens in georgia. how to believe with power divided like that we could see statehood for puerto rico and washington, d.c. or packing the supreme court or unconstitutional wealth tax. even dramatic increases in business taxes or income taxes
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would be difficult to get through as the economy tries to recover. what is very likely is a massive new spending bill, perhaps tied to modest tax increases. that is the kind of compromise you get when neither side holds a commanding lead. another couple of trillion chucked into the economy? might even be considered good news for investors. one small caveat. speaker pelosi does get to set house rules and she is going to extremes. yes, she will get her way with gender specific personal pronounce. no more mother and father. no more son or daughter. regardless of what happens in georgia we could always laugh at that, can't we? the second hour of "varney & company" is about to begin. ♪.
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stuart: take a look at this. it is an op-ed in the ws-j quote, joe biden's georgia test. the author of that is bill mcgurn and he joins us now. what is joe biden's georgia test? make your case. what is it? >> well the test is whether he has any coattails. in november he didn't seem to have any. you know the democrats were expected to pick up a lot of seats in the house. people were talking about a blue wave and a few seats in the senate and that didn't happen. seems the vote was more against trump than for joe biden. the same in georgia. if you look at numbers in georgia of the two democratic candidates, jon ossoff got 100,000 fewer votes than mr. biden did in georgia and reverend warnock got i believe 800,000 fewer votes. tells you joe biden is not lifting other democrats. in georgia it looks he is almost a non-factor.
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stuart: almost a non-factor, joe biden the president-elect, almost a non-facttor? whoa. >> he was there yesterday for ten minutes. it looked like he was checking the boxes, especially given the importance of the african-american vote i think democrats might have been more excited by the ad that barack obama cut for mr. ossoff and so for the. you know, i don't think anyone's going to blame joe biden if the democrats lose georgia but that is because they won't give him credit if they win. he is almost an after thought in terms of getting out democratic voters. stuart: my goodness that is quite something to say, incoming president, a few days away from becoming the president of the united states. he is an afterthought. >> right. stuart: one more, bill, what do you make of my premise here, even if the democrats do win both of those georgia senate seats it will still be a very
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narrowly divided senate, very narrowly divided house and extreme proposals making puerto rico a state for example, or d.c. a state, highly unlikely what say you? the center will hold, what do you say? >> well, you're english, right and i'm of irish descent. of course i believe in the worst scenarios more than you do. i think you're generally right. sometimes it is worse to have a one vote majority because then you're always in danger of losing it, than a minority but i think the democrats hiss toreally have been better about sticking together. joe manchin of west virginia wouldn't vote for packing the supreme court. you know in most votes mr. manchin votes -- he won't be the deciding vote. will someone be the deciding vote? they're better at sticking together. i agree with you it is a lot harder.
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it is especially hard in the house where people go their own way and everything, it is like herding cats. i think you're really right, the first thing they will do is spend and tax. that is a a lot easier to to do. stuart: we are both americans, bill? >> that's true. we get our dispositions from somewhere so. stuart: okay, we better talk about this off-camara, do you think? bill mcgurn you are all right, we will talk to you later. mice gain for the nasdaq. up 90 points. .73% that satisfies susan. we have got some green there. let's bring in scott shellady. i read his stuff. i know what he is putting out there. he says the wealth gap is going to widen. the wealth gap widens no matter what happens in georgia?
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i got to say if you're right the socialists will be wildly unhappy. >> right. that would go to your point where they won't be able to get anything done because they will cannibalize themselves stuart. yeah, what these lockdowns have done, what these governors have done to middle america, we lost, up to date, and counting 20% of small businesses. where does that business go? it will go to the big box retailers and chains. those are owned by corporations and wealthy individuals. we're getting rid of the middle. 20% and counting of america's small twists are gone. how does that help the wage gap? it will only hurt the wage gap. going forward, you mentioned the lockdowns we've seen happening in britain. i wouldn't be surprised to see more here. you talk about a second strain or variant of the virus. guess what, they found a third one in south africa. this will go on and on and on. the natural human condition is
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to think we'll turn the calendar, we'll turn the page, everything will be better next year. we like to be a positive people, a positive outlook, you know what, stuart? january will be the 13th month of 2020. february will be the 14th month of 2020. we'll not change anything. that is the problem. mask mandates even though you have the vaccine. what will that do to social distancing? i go down to the city of chicago all the time, if you have only 8% of buildings occupied in new york, where are the small businesses getting their customers from? we still have so much to deal with. i want it to get better faster than anybody else does when you have to take a real look at things, yes, we're probably going to, things will get better but nowhere near as fast as people think. stuart: what would you do, scott? would you open up, say, if you want to go. >> the restaurant go into that restaurant. if you want to go in that bar, go into that bar. if you want to about into store,
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go. into that store. if you protect the elderly, what else? >> 100%. we had population of 103 million that is the same over two million today. i don't remember a ton of stories in my civics class how we shut america down in 1918, 1919. they had masks and socially distant, they tried to get on. we have to get on. we'll find a fourth variant and fifth variant. like trying to get rid of the flu. we scared everybody so much that is hindrance of. give the american people knowledge and give the american people the facts if you don't want to get sick, don't go outside. i want to spend money on people wanting to work and help them out. at the end. day how do they take away your right to free assembly? how do they take away your right to open a restaurant and make money? that can't be possible. that is the problem. give us our information and let
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us make our own minds up. stuart: we should do a florida. as in scott shellady, thanks for joining us. we'll see you soon. >> all righty. stuart: we have another predictions of enormous surge in the value and price of bitcoin. jpmorgan jpmorgan is the latest to come on strong where this thing is going. susan: $146,000 in a few years. that is five times more than what it is trading at today. jpmorgan says that bitcoin is going to crowd out the gold trade as the alternative currency. think of bitcoin as digital gold, which means some money already invested in gold bars will probably move into bitcoin in the future. what does that, does that include big institutional money? probably. that needs to happen. big institutional money like hedge funds, pension funds, hedge fund titans and investors that is the main reason crypto has reached 34,000 records this year. stuart: it has broken out.
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32,580. susan: they say 300,000 in a few years. stuart: i see all the predictions. really extraordinary stuff. all right, what have i got here, next up some of the top donations for warnock and ossoff, democratic candidates in the georgia elections, a lot of money comes from silicon valley believe it or not. big tech loves these guys. we'll tell you how much they got from big tech companies. voting underway in georgia's runoff elections. we'll get new information on financial ties biden's cabinet will have to big corporations. we got the story for you. first though, joe concha, he says president trump will stay front and center in the media for the next four years. he will make his case. >> i'll be here in year-and-a-half campaigning against your governor, i guarranty that. i will be here in year-and-a-half and i'm going to be campaigning against your governor and your crazy secretary of state.
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stuart: uh-oh, senator ted cruz republican texas, ripping into big tech. what did he say, ashley? ashley: he says that the tech giants are the largest threats to free and fair elections. why? , well because of their oversized influence. he also calls google the most dangerous company on the face of the planet because of its global reach and what he says its powerful influence. cruz also went on to call twitter the most brazen social media platform, pointing to the censorship of the "new york post" stories about
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hunter biden's overseas dealings, something he grilled twitter ceo jack dorsey as you may remember at a hearing last year. by the way cruz also called facebook, pretty bad, quote, unquote. he did give mark zuckerberg some credit for recognizing the need to protect free speech. ted cruz on a roll. stuart: maybe that is why democrats get money from silicon valley, and they are getting money from silicon valley. both democrats in the georgia elections, deep, deep ties to silicon valley. they rolled in a lot of money. tell me more, lauren. lauren: so the argument california is bankrolling jon ossoff and rafael warnock for georgia senate. the money coming out-of-state. look at this here, alphabet employees, google executives donating almost one million dollars to ossoff to unseat republican david perdue and
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about 750,000-dollars to warnock to defeat senator loeffler. amazon, microsoft, facebook, amazon, ponying up more than $170,000 for each of these candidates. not just silicon valley, the university of california, state of california, stanford university, they're backing ossoff specifically with funds. if you take a look at the republican senators, senator perdue is backed by delta air lines. guess what? they're head quarted in the state of georgia. they're the largest employer. second largest backer, home depot. they're the second largest employer in the peach state. it is interesting democrats are getting money out of georgia whereas the republican senators are backed by their home companies. stuart: that is interesting. they are the california candidates in georgia. interesting stuff. thanks, lauren. lauren: yep. stuart: president trump will leave the white house in just under two weeks our next guest says trump will continue to
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dominate the news cycle. joe concha is with us. the news cycle, the next four years, certainly for two years, he is not going away? what do you make of this. >> oh, myopic media column is my column in "the hill." it was 2015 when donald trump announced the run for the presidency in june of that year. the focus has solely been on him. and look it is hard to decide what is more addicting. is it crack, the queen's gambit which would you like or journaled j trump? in this case the alternative would be media decided to do its job in terms of holding the powerful accountable would mean to cover joe biden with scrutiny, kamala harris with scrutiny, house speaker nancy pelosi with scrutiny. that would mean possibly being critical. we haven't seen that much in biden campaign or nancy pelosi allowing covid positive congress
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speaker to vote for her as speaker. not the most responsible thing in the world but you never heard anything about it. the biden story is being writen, if anything goes wrong under biden because he inherited from trump. in 2009, four years later, obama blamed george bush. he got away. know that is bush's fault. i have a feeling you will see a lot of that with joe biden next couple years. not what he is did but what he inherited. stuart: you're the media guy. when joe biden appears in front of the media, he dues some conferences. his handlers decide who asks which question, and they cut it off after a certain length of time. he is not open freely to the media. has not been that way for a long, long time. my question is, how long can the media, how long can the biden
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camp get away with this and what are theyhiding? what are they hiding here? >> give you exact number, 308 days is how long they get away with it. in 2009, after barack obama a friendly press which pushed him well past the finish line over john mccain, he went 308 days without doing one solo press conference there was barely any criticism around that. that is nearly a full year. i will not talk to the press. compare it to the president trump he did daily press conferences. i think the other alternative for the media, find a bogeyman. it will not be mitch mcconnell. he is so milquetoast. he is not controversial, like ron desantis in florida. bottom line i think president trump will announce unofficially in some capacity on january 20th that his 2024 campaign has begun and he is like a faucet you don't shut off. he has 89 million twitter followers. he likes to tweet a lot.
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give media to focus on him, person out of power as opposed to joe biden the guy in power. stuart: do you have any source saying that or just your knowledge of the president how he operates? >> no, i don't have any sources around him. i watched his speech last night he will be back to run against or at least primary somebody against the governor of georgia, as he called the crazy secretary of state this is somebody who is not going to go away. and is going to be very, very much previous lent throughout a biden presidency. stuart: fine. but it splits the republican party and freezes the field for candidates in 2024 from the republican party. that's going to be a problem for republicans i suspect. >> oh, yeah. it will be yeah, because, i'm sorry i will nabeal make this final point. if you're mitt romney, chris christie, marco rubio, going up a guy who has 74 million votes built into his lead out of the gate. that is kind of intimidating. stuart: that freezes the field. joe, thank you. see you again real soon.
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stuart: show me apple. on the upside. 1% gain. they have a new board member. who is it. susan: newsworthy, the board says yes or no with corporate changes as the world's biggest company. monica lozardo, a former newspaper editor. she joins al gore, tim cook, also sitting by the way on the board of target and bank of america, luzano does. here is the headline maker, gary cohn, former director of the national economic council and goldman sachs president joining ibm as its vice-chair, tweeting out the announcement on social media an hour ago. he acts as advisor to the ceo who took over the company in. ibm lagged the market when it comes to cloud growth and stock performance. stuart: stock is up over 1%. that is ibm. 3 million people voted before the polls opened this morning in
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georgia. over the last couple weeks, you had early voting. three million took advantage of it. none of those votes will be counted until 7:00 p.m. eastern tonight. got that? will cain, pete hegseth are on the ground in georgia. they will join us together for a state of play discussion. watch out sports fans. what is with the shades? ♪. (ringing)
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♪. stuart: voting is underway in georgia. we've got more information coming to light about corporate ties to the biden cabinet. hillary vaughn in atlanta. hillary, what have you got? reporter: stuart, these financial disclosures handed over by political appointees are normal but don't trigger outrage within their own party. this time they are, the financial disclosures handed over by biden's pick for treasury secretary janet yellen are upsetting progressives in the democratic party who indicate deep ties to corporate america and wall street.
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janet yellen's disclosure shows she made $7 million for speaking engagements paid by financial firms on wall street, goldman sachs, ubs, credit suisse. she got a million dollars from citi for just nine appearances. these are the same businesses she will have influence over in the role as treasury secretary. she has stock hold national at&t, conocophillips be pfizer, raytheon. congresswoman aoc tweeted this, this is different working as waitress between earning millions for wall street. we may not admit it influences their thinking. is it qualifying, that is for the public to decide. the biden team is brushing off the ties. they gave this to me in a statement this is not someone who pulls punches when it comes to bad actors or bad behavior. you can expect she will bring the same high ethical standards and tough enforcement philosophy to treasury.
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she didn't hesitate to tell some audiences rules governing their businesses should be tougher and more stringent. overall the biden transition team tells me these financial disclose sures from yellen but others come under scrutiny. they tell me they show their nominees have had a long history of working in the public second and a small stint for many in the private sector. that small stint for people like yellen has been very lucrative. stuart? stuart: i would say very lucrative. bring it on. let peace get to it. will cain, pete hegseth. the dynamic duo in atlanta as polling already started. let's go right from the start, hegseth, pete, who wins? >> who wins today? listen, i like to make predictions stuart, often, i'm happy to make a fool of myself. in this particular case i'm telling you i feel like 50/50 not the odds i want but honestly
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how i feel. the president does a lot of service to two republican candidates, showing up, mobilizing the base, regardless how frustrated you are in november you have to come out today in person. they need a big in person turn out. you have can't discount the machine stacey abrams built. i think it is 50-50. >> doing five years of supposer talk you know how to answer questions directly, stuart, republicans wine. here is the explanation and counterbalance. we know the total transformative nature mail in-balloting had in our elections. it plays a lot of role in the georgia senate run off race. when you put in what it means to the balance power in the united states, what the georgians know about the balance of power. i think doug collins's votes slide over to david perdue. i think they're passionate, i think they pull this out, stuart.
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stuart: go back to pet. you said frequently the whole future of the country depends upon these elections. it is uniter socialism or capitalism. i disagree with you. because any way that these election results come out in georgia you will have a very narrow margin of majority in the senate and the house. in that circumstance you can't get radical legislation through congress. so the impact on our society will be somewhat limited. take me on, pete. >> i actually don't disagree with you in every way about that. if they get the gavel they control procedures. if you're chuck schumer, and you're willing to get rid of the filibuster, you get 50 votes to do it, you then can push very radical things. it is often the subtle things, the way we do -- we learn it in state legislatures. how you set up voting. what safeguards you take away that can lead to radical changes later on. so you don't want the gavel in the hands after socialist like bernie sanders in the budget
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committee. who knows what you get from that. do i think it radically rearranges our entire country immediately? no. it hands the keys to people you don't want driving. >> one more angle to that, stuart, it would be a narrow margin of majority. that is only assuming they don't pursue structural changes. democrats have been very clear to change the structure of government, do away with filibuster, potentially add d.c., puerto rico as states, add for more presumably democratic seats, if they make structural changes. they don't have the narrow majority. they have the possibility to push through the entire progressive wish-list. stuart: they have to keep the party in check, 100% discipline. i think that might be very difficult, very difficult indeed. >> fair point. stuart: one last bone of contention, bitcoin, pete, jpmorgan says bitcoin could hit $146,000 per coin. okay, that is in the long term. you start, pete, what do you make of that? then let will cain chime in.
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>> i think it is quite possible, stuart. i wish we had a camera on "fox & friends" all morning, i have spent a good half hour, will can verify, proselytizing to will cain the ref luces nary power of bitcoin why it will change the way we secure currency on planet earth the next 100 years. i haven't sold him yet. i need more time with him, stuart. just like i had more time with you over the last couple of years. i think that is reasonable target. anybody getting in today is still getting in at the floor of bitcoin it potential. >> i don't invest in things i don't understand. what did this man do for half an hour on set? trying to make miniated his passion. he promised to send books. i think he hasbro sure. i must understand according to pete hegseth. >> i will send him a few bitcoin. he is not getting that much
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money. stuart: pete hegseth wants to be my financial advisor. the job is open, pete. >> i dare you stuart. there is a reason the job is open. all right? don't get there. stuart: gentlemen, thank you for being with us. you will be on tv all day long and probably tomorrow morning as well. good luck, guys. >> thanks, stuart. stuart: by the way president trump told georgia in his rally last night he will fight like hell. watch this. >> if the liberal democrats take the senate and the white house and they're not taking this white house, we'll fight like hell i tell you right now. stuart: all right. coming up i'm asking lara trump what he meant by that and where we will see the president on january the 20th, inauguration day. we'll be back. ♪
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stuart: walmart is planning a drone delivery hub. lauren, it's got to be in a rural area, surely? lauren: it is. in a small town in arkansas called pea ridge. it is 20 minutes from walmart bentonville headquarters. it is one of three pilot programs walmart is testing. because they are battling amazon who can deliver the most, the fastest by drone. so walmart's strategy is to go team up with other companies, not use its own drones. they're teaming up with zip line to deliver medical supplies, essential supplies to people who live within 50 miles in under one hour. amazon is doing similar things. but they're using their own drones. stuart: okay but i like the idea and i want to see it come and arrive quickly. on that note we're going to
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grady trimble in illinois. grady, look, we got all the new rules for drone delivery. when do we actually see deliveries by drone occur? reporter: they're working on that right now and i want to demo some of the technology, stuart. this is a mailbox. we're at a startup outside of chicago called valkyrie. this is specifically designed for drone packages. place the package in the box, if you need to send it out. the drone, which you can't see is up on top. ryan walsh the ceo of the company explain what we'll see from here. >> so the package will be raised from an elevator into the drone where it will be attached. it will run through the security checks, make sure it has faa clearance and the drone will take off and transport. reporter: that is exactly what we should be seeing any second. stuart wanted to know when we'll see packages delivered by millions of drones? when will they be ubiquitous? >> we'll start seeing a lot of new pilots, new markets opening
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up. that is going to happen really significantly over the next 18 months. once we start getting real traction over the next few years it is going to be everywhere in the country in the next three to five years. reporter: like we're seeing right now, that is pretty low the way it is flying. will these be flying over head so you can see them all over the place? what will it look like? >> they will be flying mostly two and 400 feet for the actual logistics leg of it. you will not be able to hear them and be very small in the sky at those distances. reporter: stuart, one day you might have a mailbox, not as large as this one but something like this one in your own front yard, what do you think of that? , i like the idea. i really do. i have a place out in the country ideally suited for drone delivery. it is perfect. i would like to see it three to five years. good report, grady. the drone eventually took off.
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we did see it. susan: mailbox will definitely be bigger. stuart: you have got to have a big mailbox. grady, thank you, sir. watch out, kilmeade, we're talking pronoun politics. tulsi gabbard calling out her own party for being out of touch. what? you can't say mother? you will hear her comments. the megamillions and powerball jackpots are up above $400 million. you know how i feel about the lottery. we're on it. ♪ your journey requires liberty mutual. they customize your car insurance so you only pay for what you need. wow. that will save me lots of money. this game's boring. only pay for what you need. liberty. liberty. liberty. liberty. if your gums bleed when you brush, the answer is yes.
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measure your waist. females measuring more than 35 inches and males measuring more than 40 inches may have insulin resistance. to learn how to reverse insulin resistance and lose weight effectively, go online to golo.com. once again, that's golo.com. stuart: it is not just georgia that is at stake tonight, no. there are hundreds of millions of dollars at stake in both the powerball and the megamillions jackpots. how much? susan: megamillions is $432 million. tough odds though, 1 in 302 million are the chances. powerball jackpot, 410 million, wednesday night's draw. chance is better for powerball, one in 292 million. almost a billion dollar up for grabs in the two lotteries. the question, do you take the
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lump sum up front or take lifetime payments if you win. stuart: you take the lump sum payment. susan: both will be taxed. lump sum, taxes will likely increase in the four and you escape that and get benefit from compound interest. stuart: by the way if you took it over the 20 year period, you die the end of that 20 year period. susan: you don't get paid. stuart: you don't get paid, the irs claims that is future income whether you got it or not. susan: what are the number or not. stuart: your stake is dead. susan: i have got my numbers. i will buy my ticket, i personally think the lottery is the most efficient way of taxing poor people. i don't like it. susan: no. you have to be in it to win it. it is called hope and happiness. stuart: hope and a prayer. ashley webster, native englishman turned american, over there you can bet on anything. do you approve of lotteries? ashley: you know what? i knoweds are so much against
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but why not. why not, if you have five bucks i don't think it's a problem. i know what i think, mr. varney, seven plus years. i don't think you should deprive of someone at least the fun. you know the dream why not. stuart: okay, i stand corrected but lauren you're the deciding vote here. lotteries or no? >> oh, boy. okay, well i have never bought a lotto ticket of any sort in my entire life. but i will say this, the house i grew up in, my neighbor won the lotto. he was very discrete bit. stuart: how much? lauren: there is that. no, no long time ago. how he bought the house. that's the rumor. you have to stay very quiet when this stuff happens. you have to lay low because everybody comes out of the woodwork. you know, going like this? susan: fourth cousins coming
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from know where. stuart: discover relatives you never knew you had. lauren: exactly. stuart: thanks everybody. we'll continue the discussion at some point in the future. maybe in the mega, whatever it is -- susan: millions, powerball. stuart: we're close to, here we are now, 10:51. you know what that means the man right there, brian kilmeade. just finishing up his radio show. now he will pay attention to us. brian you're in "the new york times" today, for criticizing the president and some of his supporters. you're challenging trump's lawyers, say, show the evidence, produce the evidence and you're saving the ball is in rudy giuliani's court. go ahead, make your case. >> couple of things. if i am to look at this race i see how joe biden, in 15 minutes says nothing, screams on the stump in front of 25 cars around gets 81 million votes. i'm the president of united states, for 90 minutes has a conversation with 20,000 people. we're in broadcasting. we know how hard that is.
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he makes it look easy. gets huge crowds to line up for 24 hours. on the surface the president sits back how can i lose to this guy. right. how did he accomplish in almost 47 years? nothing. what did he do? raise money, almost no appearances. most of them were disasterous. what interviews did he give, none, maybe two, friendly, they made no sense. they were afraid of leaving him alone in any type of hostile interview. i know that the president is basically a non-politician. he will not get into the knit at this nitty-gritty of count is and precincts. 74 million, astounding number, 81 million he got, look at difference in the states on recounts and everything, they're not going his way. he goes in front of the many trump judges they're not hearing it, look at it say nothing there. i say either there is lot this, he haste the worst legal team, there is not a lot there. there is some affidavits and
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anecdotal but not enough to make up for 11,000. 53,000, 100,000. so the battleground states will be contended with it seems like spitting in the wind. i think, i, karl rove told us on this show, we're simulcasting. i think the president is being ill-served by a legal team that are telling him things they said they found but when it comes to showing what they found, they come up short, leaving the president without the backing, besides the statement. that is what came out in that phone call. that is why i don't believe if the substance out there, as frustrating as it is, as hard as it was for nixon, as hard as it was for gore, i think you suck it up. you win the georgia runoffs. get the house to kevin mccarthy, go back to be grover cleveland revisited in four years. stuart: we hear you. that is clean cut. brian, i want to change the subject entirely because i'm on my soapbox on this one.
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tulsi gabbard -- >> i know. i've seen it. stuart: tucker carlson, she was on with him last night, slammed democrats for their decision to make gender neutral pronounce mandatory. you have to listen to this again, brian. roll it. >> it is mind-blowing, it shows how out of touch with reality and struggles of everyday americans people in congress are but also it shows that you know, their first act as this new congress could have been to make sure that elderly americans are able to get the covid vaccine. instead of doing something that could actually help save people's lives, they're choosing instead to say, well you can't say mother or father in any of this congressional language. it's astounding. stuart: it is astounding, brian. can't say mother or father, son or daughter, brother or sister, my question, where did that come from? who said to speaker pelosi oh, we got to get rid of mother and
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father, brother and sister, who said that? >> that is a great point. instead of saying i disagree, where did this come from. if we went up to nancy pelosi 10 years ago, 12 years ago, yeah, i'm not even interested in that. same way up to senator schumer 10 or 12 years ago, what is going on with the border. we got to build a wall. who got in their heads says america is different now? now we want to be pronoun sensitive. we want to make sure nobody is insulted when we say grandmother, mom or, we have to say parent now. it makes absolutely no sense. although the amen thing is just flat-out embarrassing. stuart: yay. >> couple of things, if the country was made up of people of democrats like harold ford, tulsi gabbard around joe manchin, i think we would actually get things done. we would be able to do deals but when nancy pelosi stands up in the middle of a pandemic at 80 years old, so desperate to hold on to power she probably sold her soul to her left-wing
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constituency, decides this is a good move and yet people back it, i just wonder, i hope at that age, at that point in my life i'm not so desperate for relevance i will do everything normal, exempt from myself from anything normal to do stuff like think, you made your point, then some. brian, thanks as always. great stuff. >> all right. thank you. stuart: coming up senator josh hawley says his family was targeted by antifa. he claims his wife and child were home alone in d.c. protesters showed up. threatened them, banged on the door, vandalized his home. we got the story. we'll talk to liz macdonald about that. also ahead, lara trump, and larry elder. ♪
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>> it seems that the vote was more against trump then for joe biden. joe biden is not lifting the other democrats. >> most people will vote today and most people that vote traditionally have been republican. >> if the market it gives us an opportunity like it did yesterday where we put money to work in the s&p 500 index, we will get past the election. in any selloff right now still a bull market and an opportunity. >> if you see a massive blue
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wave that's opens a door for what we think will be a very big stimulus package. >> i think the consensus has it wrong, stuart. the first have that year will be better than the second half in terms of stock. >> january will be the 13th month of generate 20, february the 14th month and yes we will probably things will get better but nowhere near as fast as people think. ♪ stuart: james brown, i feel good. [laughter] here we go. 11:01 here in new york city, january 5, tuesday we're coming to you live from new york city and keeping a very close eye on georgia where the polls are open for the senate runoffs. to the markets real fast, it's a mixed bag this morning. you might almost say that trading is on a pause as we waited to see what happens in georgia because control of the
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senate is at stake. we did get very good news on manufacturing and expanded for the seventh month in a row, not just expanded but was a really solid expansion and we have a reading of 60, anything above 50 is expansion, 60 is real good. now this. the vaccine rollout is not going well. the cdc says 15.4 million doses have been distributed but only 4.6 million have been used. political infighting in new york, governor cuomo threatens to fine people who give the vaccine to those who are not first in line. he threatens to fine hospitals that don't do enough vaccinating and the mayor of new york city is fighting the governor. what a mess. in florida the elderly line up all night to get their shots and governor desantis plans a warp speed opening of inoculation of centers. a lot of confusion, try going to website for the suppose to offer
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information. very complicated. if you are not computer savvy you've got a problem. how if you get the vaccine cannot call up cvs, rite aid, walgreens, they received supplies but i've received texts don't call us. should we take one shot of the pfizer vaccine? is that recommended or to connect our own doctor siegel says don't do that because it reduces the efficacy of the vaccine. even if it takes more shots then available so why are so many healthcare workers not getting the vaccine when it's made available to them? in los angeles 20-40% will not take it. that is inexplicable. in short, the scientists work wonders getting a vaccine in less than a year and the administration worked wonders getting those supercold vials distributed but some state governments have fallen woefully short when it comes to actual vaccination and that is the way it is.
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the third hour of "varney & co." was about to begin. stuart: it is election day in georgia and the markets are watching closely and so of course is jason katz who is our market got an 11:00 o'clock hour bid good morning, jason. >> good morning, happy new year. stuart: thank you. prosperity in 2021, how is that? you say there's good news and bad news if the democrats sweep so what would be the good news about the democrats running the senate, the house and the white house? what is the good news here? >> look, we are at the moment of truth and you and i have been talking about this georgia senate runoff or god knows how long now. i know it feels like such a binary event for the truth of the matter is that regardless of the outcome i think that we have a second half of the year rally.
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why? you have a rescue package going to be more robust and secondly you've talked about this in your my take earlier today, the country is simply as divided as what meets the eye. the republicans gain seats in the house and neither party will have a convincing majority in the senate so i personally don't think moderate democrats write ahead of a midterm election two short years away or going for extreme policy changes. stuart: okay, that's my reasoning too. what is the bad news? >> well, i thank you are going to have some reit regulation instead of the deregulation that corporate america enjoyed over the last four years and higher capital gains tax is possible and so could be a wea tax, financial transaction tax that would drain liquidity from the capital markets and diminished risk taking. i also thank you have jobs at stake in terms of the green new deal that could very well hamper some of the jobs in the energy
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industry so those are the things to keep an eye on although that's not our base care. stuart: overall i believe you see the s&p growing 10% next year and it's now up 30705 and that's the reading on the sop right now and 10% would take you to about 4100 and that's where you see it going? >> i do. i would respectfully disagree with wright brian who i normally agree with in that it will be a tale of two markets and i don't think the first half of this year, regard this of the outcome of the senate runoff in georgia will be a great first half because we will be absorbing what was other and unprecedented second half of last year. however, second half of this year you have mass inoculation and more vaccines coming down the pipe and you might only have a higher rescue package and you might have an infrastructure bill plus all the pent-up demand that starts to come to fruition in the latter part of this year.
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that is where i thank you get the next leg up largely driven by the more cyclical areas, stuart, of the market. stuart: this time tomorrow i hope we've got a result from georgia and we will see how the markets respond to that and we will see what we get to. jason, thanks for being here. always a pleasure. now this, senator josh holly says he was targeted by anti- for an republican from missouri and this is what he tweeted overnight. quoting now. antifog scumbags came to our place in dc and threatens my wife and newborn daughter who can't travel. they screamed threats, vandalized and tried to pound open our door and elizabeth mcdonnell is with us. liz, please both protesters say it was a candlelight vigil but the video tells a very different story. i think this is a story of our times and i don't like it but what say you? >> yeah, you're right. josh hawley's home and it's
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mitch mcconnell's home and nancy pelosi, oakland mayor had her home vandalized and ted wheeler the mayor of portland, oregon tried to light his condo where he lives on fire and they showed up at the home of the governor of oregon kate brown and also showing up seattle police chief home and harassing her and talking to kids in the area, writing down license plates numbers and we've had doctor lv decking on and you have had to and she said martin luther king would not accept this and when you talk to people who are in the area witnessing what is going on they are saying these are terrorists and not just anarchists but terrorists and harassing. the first amendment says you are allowed to have peaceful assembly despite what chris cuomo cnn says you're not allowed to show up at people's private homes to harass them. if they look at themselves in the mirror with these individuals did at senator holly's house they got to say if i'm honest with myself what we did was wrong and we are terrorizing a mother with her newborn child.
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it's not just recognizable figures as stewards. a black couple, trump supporters in texas saw their cars set on fire pit trump supporters outside minneapolis in september had their garage set on fire. puppies were inside that. they had a newborn child in their house too and this is unacceptable and not america. again, these are terrorists. they are not peaceful proteste protesters. not allowed under the first amendment. stuart: i got to tell you i can understand why some of these people are not in prison. if you know who they are and you got video of what they are doing why are they imprisoned for heaven's sake? these are serious crimes. we will not get an announcer on that subject at this point but i will change the subject. congress extended the federal ban on evictions until the end of this month. okay. got it. what happens then? >> yes, so what we are seeing now, even the centerleft brookings institution put out a new report saying the lockdown
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and shutdowns are slamming minorities. blacks and hispanics in particular. eviction rates are already doubling since the spring and foreclosures are doubling and people not being able to pay their rent and utilities and the rate of that is doubling. you have to save yourself do the lockdown's work? this virus seems to go wherever it wants despite lockdowns and we are seen areas with the strictest lockdowns still suffering from, you know, the virus. i have to say time and again when we look how this has been handled it has been botched at the local and state level. we understand the virus is serious and lethal but we are creating massive poverty at the same time, stuart. that's got to stop. we have children been malnourished right now in this country and not getting the nutrition they need because of what is going on with the lockdowns. you can't turn a blind eye to this. you can't turn a blind eye to what happened to senator josh hawley. democrats and media and everyone needs to start saying is this what is right for our country?
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is this where we want to be in america? stuart: liz mcdonald right down antifog, right on lockdowns so come back soon. we don't want to be a stranger and we agree with you on this. we are watching you on the evening edit weeknights 6:00 p.m. eastern on foxbusiness with liz mcdonald or thank you. i want to check the price of oil. why not? it just hit briefly $50 a barrel for the first time since february and there goes my two cents. show me the markets again. we got not that much movement but we do have some movement in the big names of the day, big movements. susan: yes, for $300 apiece so that 35% more than the current levels and it provides the digital signatures so you don't have to go in person to these appointments but instead that's not going to change even after the pandemic. roku continuing its 100% rally
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over the past year and might bike with these catalog with another lockdowns streaming winner. this is an old-school chip play and analysts loving this, double upgrade calling it a buy instead of a cell worth $100. stuart: 5%. susan: look at that, we not talked about zullo but we should because it's tripled along with the housing boom that we've seen and we continue to see that with record low interest rates and morgan stanley says it's worth one of $48 and coca-cola. stuart: downgrade. susan: worth 55. stuart: there are movers after all. thanks, susan. support for california governor avenue some plunging we hear. covid cases rising and will the state revolt against his lockdowns and bungled virus response? will there really be a recall? we got the story. up to 40% of front-line workers in los angeles healthcare workers that is, are refusing to take the vaccine. what is up with that?
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yes, it is election day in georgia. while the president's last-minute rally help out the republicans? lara trump will answer that when she drains meet next. ♪ and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning. see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪
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did you know liberty cemutual customizes your car insurance so you only pay for what you need? just get a quote at libertymutual.com. really? i'll check that out. oh yeah. i think i might get a quote. not again! aah, come on rice. do your thing. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ stuart: inauguration day 15 days away and that's all it is according to reports president trump could be headed to scotland instead of to the swearing in. lara trump is with us. welcome back, it's been a long time but great to see you again. can you straighten us out on this because we got reports from scotland that an american plane, white house plane is booked to
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land near president trump's resort in scotland on january january 19. what's his inauguration day plan? >> we still have to see what happens tomorrow, stuart. thank you for having me back for a happy new year to everyone. i don't really know yet anything about scotland and looked, there is a reality that it could be donald trump who gets inaugurated on january 20 prayed we still have to wait to see what happens. give bunch of senators that are calling for an investigation n now, ten date investigation into a commission to see about the voter fraud in question surrounding the particular election. stuart: forgive me for interrupting, lara but i think that's a real stretch. that is a major league long shot to suggest that donald day trump will be re- inaugurated 15 days from now but anyway. >> well, and may be a stretch but my point is there is a lot
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that has to happen between now and inauguration day so look, we'll have to see what happens and tomorrow is a big day for the future of america and we have a lot of house and senate members who will contest the election who are not going to certify results for joe biden and who knows when that is solidified or the selection officially gets certified and i don't know the president's plans on inauguration day so unfortunately i can't speak to whether or not he will be in scotland or washington dc or where he will be. stuart: has he dropped any hints as he offered any suggestion about whether he would like to show up at the inauguration and any hints of any kind? >> well, you know, i think it would be pretty tough to get to the inauguration of an opponent who you know you beat, stuart and who are 70 questions surrounding this election and i think it would be hard for anybody to sit there and watch that happen. i ultimately don't know and i think we know donald trump is a fighter and never gives up
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despite -- this fight is far from over anna for some reason joe biden is a want inaugurated on generate 20 he will run again in four years so there is a lot that will be happening over the next you know, day or so and leading into the inauguration over the next four years but we will see what happens. stuart: i just want to run a quick sound bite from the rally a site where president was firing up his base and pushing for the republican candidates in the georgia election and just watch this for a second, lara, roll tape. >> at the liberal democrats take the senate and the white house and they are not taking this white house, we will fight like hell, i will tell you right now. stuart: that's a key expression, fight like hell. you just implied that he will fight like hell for four more years and will run again in 2024. is he? >> well, he is said that that is something he is considering and i think that there are
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74 million plus americans who intends on having donald trump as president for eight years so if it is not eight consecutive years that maybe it will be eight years with four in the middle that really convince more americans that did not vote for donald trump that they should have but look, we will see what happens and see how this all plays out but like we all know it's a fighter. stuart: if he says he's running and fights like hell for another two or three years that freezes the republican field so who can challenge him? there should be some young up and comers would want to run for the president in 2024 but would be crowded out by donald j trump. has he considered that? >> maybe they will have to wait another four years for their turn and i think that you never see popularity in the republican party like racine for president donald trump and he brought to many people into this party and convinced people that did not even know they were a balkans and conservatives in fact they
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were so he has grown this party. i think the republican party owes him a debt of gratitude so if that means people who considered running in 24 weight former years then so be it. stuart: are you still considering a possible senator ron in north carolina? >> i haven't ruled that out. anytime i've been asked about it i've been very focused on getting through this election right now that we are currently still and still don't officially know the outcome and as we've just discussed look, once this is done i have a lot of decisions to make it one of them certainly is whether or not i want to run for that senate seat in my home state of north carolina and it would be an honor and i would love to do it but of course we've all seen the really nasty side of politics too and i think they make it difficult for anyone with the last name trump but that does not mean i've ruled out and i'm deathly still considering it. stuart: please come back on this program and announce if that's what you will do in the future. >> i absolutely will appear thank you for the imitation.
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stuart: lara, thank you for being here. see you again soon, i hope. >> thank you. stuart: now this. the pandemic could help china's economy leapfrog the u.s. much earlier than predicted and edward lawrence in dc, how soon are we talking about? reporter: rebounded seven years and the answer according to experts on china is that what president trump has shown the way to avert that the president put teeth and action behind words and that brought china to the table to make a phase one trade deal. michael pillsbury says the chinese have a singular goal to be as strong as economic power in the world by any means and the trump administration recognize that. >> americans stockmarkets have to have a county auditing from chinese companies or will get listed. these are real-world actions.
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over the next four years we have to be careful not to think that declaratory policy and statements in condemning chinese human rights violations won't do any good. it's a very powerful country that will ignore declaratory condemnation. reporter: he says the key for the biden administration is to continue that pressure using action that have real-world consequences and says condemnation words will not do it just like when president obama condemned the south china sea and china did it anyway and said there needs to be a mindset change, stuart. like the british in the late 1800s never saw the u.s. or germany coming and he warns that the u.s. might not see the chinese coming. stuart: that's a very interesting historical analogy right there. you pulled that one right out of the hat. edward, you're all right. thank you for joining us. we do have a reversal of policy on which chinese companies can be listed on the new york stock exchange. the decision to d list has been
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reversed. which ones. susan: china mobile, china you in a calm, telecommute occasion companies were going to be de- listed but the new york stock exchange in order to comply with the ban by president trump but then a surprise term reversing because they will keep the stocks now traded and listed on the exchange. the only reason they gave which was confusing people on wall street was they consulted with relevant regulatory authority. stuart: what that? susan: exactly what wall street is saying. it's bizarre and the lack of clarity and we don't know who that disparate investors are speculating it's simply what the trump administration has wanted but adding confusion, by the way, to the investment community especially to these policies before generate 20. stuart: am also confused about tiktok but what happened with that? i am no idea. susan: it survived trump administration. stuart: susan, thank you. lockdown restrictions in britain could stay in place until
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february of teen, five weeks of lockdown. not only that but border controls are going to tighten and this is the brits, tightening up the border but more on that coming out. we recorded earlier that some healthcare workers are hesitant to get the vaccine concerning, i will ask the doctor what he thinks that is all about. to me it's inexplicable. ♪ ♪
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stuart: i find this extraordinary, nearly finally people in america have gotten the covid vaccine but an alarming number of healthcare workers are opting not to get the job, up to 40% of front-line workers turned it down in la county. this is inexplicable to me. the doctor is here with us and maybe he can help me understand what is going on because i don't get it, doctor fred what is going on? >> i don't get it either, stuart. i really don't. here in the northeast we have been lining up in droves to get
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vaccinated. in fact, i do for my second injection this friday and i think it's related to ignorance and word-of-mouth where people think they will be infected with something by getting this art in a vaccine. i simply don't understand the huge numbers in california at the don't wanted. it's all due to ignorance. stuart: but it delays the recovery, doesn't it that if you can't get large numbers of people vaccinated you can't get people back to work, back to the office, back to the factory and very large numbers so this is a serious drag on america's economy and what can we do about it? >> we can educate people and really assure them of the safety of the vaccine. there is a lot of anti- factors out there and there always have been and we seen it with the flu vaccine and we seen it with childhood vaccines for people, particularly in the west in california, it's a fairly liberal state where people just do not want to be injected with
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anything because they don't have trust in the federal health system. that's it. that's the only way i can explain it because i would rather be immunized and be intubated as one of the nurses said in the injection process. i would rather be immunized and mildly ill if it comes to that then be critically ill as we see here in the intensive care unit and in the wards. people will not believe it if they came in and for the hospital. stuart: i'm with you all the way, sir. we have the original covid-19 and then we've got the first variant that showed itself in britain and a totally locked down because of it and i understand there is a third variant discovered in south africa so when does this stop? we just keep mutations keep on going down the line? >> yes, well, viruses like to mutate to stuart and that is what they do. it is something that is expected and that is why you know we have
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a different flu vaccine every year because there are mutations for it however, the mutation is seen in the uk is not unusual and there are 23 mutation so far about 17 of them involved the spike protein and eights are being looked at and one of them makes the protein sticky which i suppose is responsible for its infection rates and the fact that it goes towards young people and makes them sick more than say middle-aged or older individuals. it is very sticky that spike protein. stuart: but does that mean we will get one we tatian after another rather like the flu requiring one vaccine after another with maybe billions of people having to take a vaccine every year? could we get to that situation? >> yes, we could. that's interesting because that is when the virus becomes what we call endemic. endemic means every five or six
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months if the immune system peters out which i don't think is the case with this vaccine that we are getting now but if that should be the case and there are mutations going forward it will simply mean like influenza we will get it every year. remember, stuart there are a lot of corona viruses out there in the common cold is a coronavirus and has been around for centuries so this new virus, if we call it a new virus because it may have been around an animal for a long time it may mutate because that's what viruses do. i really can't say that enough. stuart: we will just be wearing masks forever. dr. lahita you speak in plain english and we value that. come back soon for your information is vital to us. >> thank you, stuart happy new year. stuart: breaking moments ago new york city mayor de blasio calling for a uk travel ban in other words they can't come here. this comes as the brits are
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locking down big time for five weeks. ashley, tell us again how draconian are these lockdown measures? ashley: it is extreme and people in england all must now stay at home except for a few permitted reasons. those include: medical needs, food, shopping, going to work if not possible from home, exercising once a day. there is no indoor dining at restaurants but they can continue to offer food delivery and the take away alcohol is banned, golf courses, tennis courts, outside gyms also all closed and by the way schools and colleges have all been closed as well and you have to revert to remote learning and the new restrictions as you pointed to stuart, will be reviewed in five weeks and in mid-february but in the meantime airlines in the uk coming back there already with poultry schedules and we seen discount carrier easyjet will cut it by a
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third and british airways says it will try and keep its crucial links (-left-parenthesis the latest numbers out of the uk in the last 24 hours new cases totaled almost 61,000 with more than 900 deaths. the numbers continue to climb in the uk as they call for this national lockdown. stuart: on that will last till fabric 15 at least with ashley, thank you. how about this? possible failure for amazon, amazon backed healthcare company shutting down. tell me the story, lauren. lauren: so, it was called haven and backed by berkshire hathaway and jamie diamond and j.p. morgan and they teamed up years ago to form haven and their goal was to make primary health care more assessable, insurance similar, drugs affordable and they tested these new ideas on their 1 million plus employees.
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they are shutting down. at the end of february. why? very good question. i guess as outsiders to healthcare they learned that the healthcare system is pretty complicated. one size does not work for all and it's also a very local endeavor. your health care is and what you can get in your area plus, each company and begin amazon specifically is expanding their own healthcare initiative, amazon with the pharmacies and et cetera. after three years, big names in healthcare or new big names entering the healthcare markets scaring the established players are now out. stuart: they are indeed. loren, right back. the biggest cities in the country blocking tourists from booking hotel rooms. we tell you where that is. delivery drones could soon be flying into your neighborhood. faa cleared the way for a new kind of air mail. we got a preview for you.
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her2- metastatic breast cancer that has progressed after hormone therapy. diarrhea is common, may be severe, or cause dehydration or infection. at the first sign, call your doctor, start an anti-diarrheal, and drink fluids. before taking verzenio, tell your doctor about any fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. life-threatening lung inflammation can occur. tell your doctor about any new or worsening trouble breathing, cough, or chest pain. serious liver problems can happen. symptoms include fatigue, appetite loss, stomach pain, and bleeding or bruising. blood clots that can lead to death have occurred. tell your doctor if you have pain or swelling in your arms or legs, shortness of breath, chest pain and rapid breathing or heart rate, or if you are pregnant or nursing. every day matters. and i want more of them. ask your doctor about everyday verzenio.
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stuart: we use to check big tech every single day and we got out of the habit so let's get back into it. apple is up $1.30 and amazon is up but it's just shy of $3,200 a share and facebook is up about 1% and that's big tech. i want to talk to you about bitcoin because we got another -- see the screen at the bottom that banner, bitcoin could rise to $146,000 so what do you think? susan: long term, not immediately and maybe in a few years time but according to j.p. morgan. i think i'm listening to j.p. morgan and it says it will replace goals as the alternative currency so it will crowd out the gold trade and more money will come out of gold bars and go into bitcoin in the future so what do you think? stuart: in the short-term susan to believe there will be a
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selloff in bitcoin, short term now. susan: we have seen it from 34,000 record levels from 2017 same thing. [inaudible conversations] susan: i'm answering the question, cycles are up and you are experiencing crypto circles and volatility so you have to so boom bust. stuart: so you do think a bust is coming. susan: i would say lower from the 30,000 levels but yes. stuart: got it out of you. susan: where you stand? stuart: i have no opinion. [laughter] we were all intrigued by that drone delivery that we showed you earlier and that young man grady trumbull gave us the report and there is that drone hovering in the background so how soon could drone be delivering on my doorstep and that is what i want to no, grady. reporter: stuart, i thank you may be first in line because you seem so excited about it. they are saying some residential deliveries could start in 18 months but when it's widespread probably another three or five years and that's what they are telling me at the start up in
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chicago called valkyrie and working on drone delivery specifically mailboxes for drone delivery once it's extremely widespread. you can watch a swan coming down right now with the fox and it, smaller fox than the last one we showed you last time we were on we were showing you how a drone might lift up a package and take off with it but not we are showing you how it's landing on this mailbox right in front of us and it's a delicate process and something that is still in the works and millions of dollars are being invested in this technology. as it comes down i will step closer into frame here and what you see or what you can't see in this mail fox is behind the scenes there's an elevator so once the drone lands it releases the package in the package goes down on the elevator and gets sorted in the appropriate fox and then this door will open in your package will be inside. that is the goal and -- maybe we are there. here we go.
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there you go. that's what it will look like on your doorstep one day, stuart. i want to bring in ryan walsh, ceo of the company just to briefly ask you mentioned this is being used commercially right now for drone delivery on hospital campuses and quarries. >> yes, many examples internationally and domestically about drone's been used to deliver medical samples and we are seeing walmart doing some great things and companies in europe and it will be blowing up over 2221. reporter: that is what we are starting to see unclosed campuses and eventually you will see them flying in the air delivering your packages. stuart: i think it's fantastic and very exciting. i think that is the way of the future. grady, great report. thank you and congratulations to valkyrie and the gentleman you brought on the site. there is a new netflix show that could dethrone tiger king is one the most viewed programs. we tell you what 63 million
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people were watching over the holidays on netflix. interesting. the push to recall california governor newsom gains momentum but are people really fed up enough to push them out of office? the california expert larry elder will have an opinion after this. ♪ ♪ arly stages, it's more treatable. i'm cologuard. i'm noninvasive and detect altered dna in your stool to find 92% of colon cancers even in early stages. tell me more. it's for people 45 plus at average risk for colon cancer, not high risk. false positive and negative results may occur. ask your prescriber or an online prescriber if cologuard is right for you. i'll do it. good plan.
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♪ stuart: 910,000 people have now signed a petition to recall california governor newsom. 1.5 million are actually needed to get him recalled. larry elder is with us, our guy in california pretty larry, is it really going to happen? will they get the required number of signatures? if they do, then what? when does he get recalled? >> well, i believe they will get the required number of signatures and the guy just donated $500,000 to the campaign and that usually is the problem for the problem is the money it takes to hire the people to get the signatures stop these efforts but they got a big boost
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as i mentioned. gavin newsom have gone from having a six to 4% popularity rating which had the most popular governor in california in the last 50 years per thousand couple want to go. now i heard his popularity is down to about 50% and it is sinking because people are furious. ice big to small businesses owners all the time on my show and they are outraged. we have the top healthcare officials in the state admitting there is no connection between outdoor dining and coronavirus spike yet they shut outdoor dining down anyway. people are fit to be tied but it isn't just the ciccone and rules but the hypocrisy. you've got to violating his own rule by going up to that restaurant in the bay area and the mayor of san francisco doing the same thing and you have nancy pelosi going to her beauty parlor that is supposed to be set out to the public and wasn't even wearing a mask and it shows you that people are not truly afraid. they are passing these laws telling you to be afraid but they are not afraid. sure lukoil is a supervisor and
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she passed a ban on outdoor dining and within hours of signing the banshees engaging in wait for it, outdoor dining. people are furious. stuart: has the states bungled the distribution of the virus or vaccine? i ask because we are told that only 35% of the covid shots were distributed throughout california have actually been used. is the state to blame for that? >> well, i've heard people on both sides blame state for this and i know this, california has imposed the most draconian lockdowns to fight coronavirus than any other state in the union and as a result we got to be leading the state in decline of cases and we are not. we leading the states and the increases of cases or whatever these healthcare officials are doing it is not working. one more point, when gavin news and was spotted at the restaurant he was dining with healthcare officials. these are the very same people that make the rules that they were, in fact, at the time
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violating. people are furious and i believe there will be enough signatures to get this thing on the ballot whether or not it succeeds, i don't know but i know gray davis was recalled and i was just a glint in someone's eye and ultimately this man was recalled. the first time i think in 100 years of governor had been recalled in the state of california. it's absolutely doable. when you take off that many people people will respond and they are responding. stuart: what to make of this report from the los angeles times that hotels in los angeles could no longer offer rooms to tourists? why not? >> you tell me why not. i've traveled all over the country since the coronavirus pandemic and i've gone to a lot of hotels and they have very rigorous protocol to make sure everybody is wearing a mask in common areas and they know what to do. one more time, is there a scientific data that suggest this ought to be done, i doubt it but it's a move in order to get people to stay home. that's what the top healthcare
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official in california admitted that there was no connection between banning outdoor dining and the spike in coronavirus but we think it's a good policy to make sure that you guys stay home. for people who can work at home it's wonderful but if you can't, you're shafted and that's why believe the recall effort has gotten serious. stuart: we will be following it. larry elder, thank you, sir. change of subject completely. netflix stock is on the air, down three dollars. they have a new runaway hit on their hands, lauren is going to tell us what the hit is. lauren: i've watched it. one episode left is called bridgerton, 63 million people streamed it since it went live on christmas day so it is up time drama and it takes place in the 1900s and i thank you may like it, stuart. fifth highest rated original store and susan, do you think he'll like it? susan: i think it's more people driven. lauren: well, it's definitely more female.
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stuart: where is it set? lauren: julie andrews is the voice behind it and i love the story. sean . rimes you know her from scandal and how to get away with murder, netflix got her over from disney abc for a reported $150 million and this is the first piece that she produced for netflix and already christmas day released is in the top five most-watched original netflix shows. stuart: that netflix is good and they come up with some great stuff and very watchable stuff. bridgerton, sounds like my kind of thing. this afternoon i'm planting myself in front of my ipod and i will be watching. more varney after this.
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stuart: can we bring in they're we are all on the screen together, i can do this, lauren you recommended "bridgerton" on netflix, susan said that is chick flick only relevant to women. would you agree with that? >> she might be right on this one. it is more for female audience. however, stuart, it does have some, i will just say some hot passionate scenes. stuart: it does? i'm in. ashley, what about you, ever seen this thing? >> know, i watch my football
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team brighton lose or draw on the peacock channel. i might just watch "bridgerton." stuart: i have not spent four bucks to watch peacock. what about you susan? >> i watch "the crown." hoe knows where we could go with another hour, neil, it its yours. >> you struck me as roller derby guy, stuart. neil: i am glad to be back. i wanted to thank connell mcshane, david asman, jackie deangelis, i wanted to take another week off. so happy to be back. what is going on in the peach state, big battle in the senate. we could have a democratic senate. we're a long way from
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