tv Varney Company FOX Business January 22, 2021 9:00am-12:00pm EST
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maria: will maria: have a wonderful weekend at. of my things to dagan mcdowell and james freeman. "varney & co." begins now. stuart: yes, it does and good morning. despite calls for unity and the civil discourse, they are still going ahead with impeachment. senators schumer and mcconnell discussing a timetable, mid february is pegged for the start of donald trump's trial, three weeks away. how will they get anything done? in a trial, all 100 senators must be in the chamber 60s week. if this is scheduled spans, there will be a
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little time to discuss a part of president biden's agenda until maybe march. maybe that's why president biden issued, by our count 23 executive orders in his first 40 odd hours in office. far more than issued by president bush, obama and trump. speaker pelosi, her intense hostility to mr. trump apparently beats biden's agenda. lets get to the markets. we have a pullback this morning. a pullback from very high levels. we set a series of record highs, pulling back today. down maybe 200 for the dow jones, 70 for the nasdaq and about 24 for the s&p, that's a pullback, not a selloff. bitcoin remains away below its 42000-dollar hike of a one point overnight dropping below $30000 and right now it's 30320. coming up in the next three hours we will cover the housing boom. we will have new numbers on home sales and home
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prices subject homes are selling in a matter of hours in the some parts of the country as buyers are getting into bidding wars. we have it covered. some pushback against the media's fawning coverage of president biden, one editorial calls it embarrassing and you will see fox's peter doocy ask a simple question and get a non- answer from the white house press secretary. "varney & company" is about to begin. ♪♪ stuart: nothing like a little jimi hendrix to wake you up. 9:00 a.m. eastern time. voodoo child, why not. president biden was spotted without a mask at the lincoln memorial just hours after signing an executive order about
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masks on federal property, you are supposed to wear them. press secretary's response to peter doocy's question about masks. >> president biden and all members of the biden family mast at all times last night as he signed an executive order that mandates masks on federal land at all times. >> at the inaugural-- >> at the memorial, yes. >> he was a celebrating an evening of historic day. i think the power of his example is also the message he sent by signing 25 executive orders including almost half of them related to covid. stuart: the power of his example , where mask. a quote from the "washington post", the commentary from tv broadcasters across the board all day long was at times embarrassing-- embarrassingly complementary and quote.
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jason chaffetz with us this morning. maybe it's wishful thinking, but do you think the media is a starting to turn connect now, i think they are ready to go into hibernation. stuart: will, it may be a triple example with the president going without a mask right after he said he has to where mask on federal property and then a non- answer from the press secretary. i know that's a minor detail, but is the beginning of a little pushback, not like the free runway expected in the first few hours. >> well, i think people are fed up with the hypocrisy and that's what drives people nuts and we have seen it time and time again. it's not a new phenomenon. i actually look at those executive orders and with the biden administration said that they supposedly had no plan on the vaccination, no distribution, i think the biden administration is a struggle he just figure out they can do differently than donald
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trump. donald trump put operation warp speed in place and on day one they actually had multiple vaccines thanks to what trump did pick and in trajectory to inoculate about 900,000 people per day today have distributed more than 38 million doses. then they had the nerve, stuart come yesterday to say there was no plan in place. are you kidding me? we have been inoculating people by the millions, so i hope biden doesn't screw it up in a slow it down. stuart: that's a serious subject and so is this, impeachment. leader mcconnell is proposing delaying the trump impeachment trial until mid february, three weeks. doesn't that actually work to the republicans favor because if you are discussed-- if you are sitting there discussing the trial of donald j trump you are doing much for the biden agenda and if you spam it out until march, a lot of people
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will be angry you are wasting time and peach and a president for the second time, i mean, doesn't this to some degree work in the republicans favor? >> the idea of unity that biden talks about goes out the window when he went to impeach someone who's already left office. the penalty if the trial is successful in the democrat's mind expulsion from office. donald trump is not in office anymore, folks. the senate rules require that if the house sense of those articles over, they have to drop everything and deal with it, so they have no choice. there's no choice for the senate. they have to deal with it. i don't think they should send it over and i think the trump defense team should say explain to me exactly what you think i said-- give me a quote because there is no quote from donald trump encouraging violence. it's just not fair and the fact that he's not in office is his second defense and probably his
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strongest argument. stuart: look, i'm saying it works in republicans favor. what do you say? >> yeah, i don't see any good democrats get from this and i think those that are truly independent just look at it and say democrats, what you doing. we put you in charge now do something and they aren't doing anything. stuart: you got it. i think you are dead right there, jason. thank you. we will continue and start looking at money. we have a pullback today on the markets after a series of record highs. jonathan hoenig with us this friday morning. there's not much fear out there and i think there is some evidence of what alan greenspan called a rational exuberance. are you expecting tough times ahead on the market can make you, i mean, listen it's tough to be a bear what you said in record high after record high and the trend is. 88% of stocks or above their 200 day moving average, the heist in 13
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years and that combined with what you said based on the absence of fear is why i think the market is due for a correction and there's a couple of indicators i'm watching. one is the put call ratio. basically the amount of insurance of contracts being bought, that's near a 10 year low in the percentage of small traders buying call options has jumped from 2% to over 10%, so there's an old saying on the floor that when the fear index is high, by and when the fear index is low look out below. it is low now and i think now is the time to as a sake look out below. stuart: okay. we will watch out for that. you tell me about bitcoin. lets go. $32000 a coin as we speak. would you make of that? >> it is down 25% in just a month, stuart. i don't know what a
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great value it is, but what worries me is keeping with this-- some caution right now an old saying when the paddy wagon comes they take the good girls with the bad meaning all risk assets are correlated so wouldn't surprise me too seek tech stocks down today in bitcoin and commodities, everything that has been inflated on the way up and when the market sells off you will see it off-- also off, bitcoin included. stuart: again, we have been warned. jonathan hoenig, thank you. now this, a federal judge will not force amazon to put parler back online immediately. tommy moore, susan. susan: remember parler filed. what parler was arguing in this case is that amazon was colluding with other tech companies to ban it and amazon didn't give them enough point before taking them off their
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platform. the judge disagreed. in a statement to fox with parler saying they are grateful the court refused to join a dishonest attempt to make parler the skate go for the right scanner six. parler has also moved its domain name over to a russian based web hosting site and as a result, chairwoman of the house of reform committee has asked the fbi to look into parler ties to russia which representative maloney had to seek claims parler leaving parler vulnerable to data request by russian agencies. stuart: sum it up, is parler out of business? i may not completely, but they are really down; right? susan: it's hard to get back online and parlor.com. is up, but interests are discussing and i think they are waiting for a provider. stuart: i think it's outrageous. thank you. facebook returning
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trump's account suspension to what they call a oversight board. first of all, what is that mean and how soon could they make a decision? lauren: stuart, it will take them three months. is a newly formed board of five academics, attorneys and human rights advocates from around the world that are going to determine if trumps facebook and instagram accounts should be restored. this panel is ultimately the check and balance on big tax power to curb political speech. facebook ceo mark zuckerberg cannot override with the board decides and trouble getting opportunity to submit a statement on why he thinks his accounts of 60-- 60 million total followers should be restored, but i don't think president trump will respond to them, i mean, 90 days is a long time and he may join another network, might start his own, who knows. i think facebook is in this odd position that they don't want to be in
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big they don't want to be an arbiter of truth. they reacted fast to my january 6, and now they are hearing from around the world, politicians, lawmakers, users, why is trump held to different standards than others, so now they have to-- the board has to come to some sort of decision and it could put facebook in a very precarious territory right now. stuart: it certainly does. thank you. checking the futures market. you are right, wild west, stuck in the middle. we will be down about 200 for the dow jones and still well above 30000, down for the nasdaq and s&p. looks like president biden's call for unity really isn't working, certainly not on the west coast. antifa riders at it again over there, but you wouldn't know about these rioters if you watch other networks as they don't mention it. more on that coming up and remember when then
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candidate biden made this campaign process-- promise? >> i guarantee you we will and fossil fuel, no new fracking and not, not, not banning fracking period. >> i make it clear, i do not propose banning fracking. stuart: now, we know what he's really going to do. he's going to kill the natural gas business in other ways. he's killing the keystone pipeline. more on that coming up next. ♪♪
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we have been seeing green, but it's red today meaning the market goes down at the opening dell-- bell. next, big tech backing at least, president biden's executive orders which executive orders does big tech like, susan? susan: immigration and climate are the first. google ceo treating his approval saying we have applauded his quick action on immigration, paris climate accord and tim cook and bill gates also tweeting approval. we know amazon extending help when it comes to vaccines distribution without p in biden's first 100 days in office has pledged to reverse trumpet immigration policy, shut down the keystone pipeline, a mask mandate, 15-dollar minimum wage and expanding the affordable care act. stuart: these billionaires don't care if we had to pay more for our energy. there you go. susan: jobs actually is the big
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concern and also this is surprising to you and me, also i think irking canadian prime minister justin trudeau. stuart: doesn't he visit the white house today? susan: phone call. stuart: he is-- phone call, okay. he is the guy who had his keystone pipeline canceled. hell of a start. thank you. next, president biden as we said canceling the keystone pipeline on a day one. listen to what he said back in the campaign trail. >> i guarantee, i guarantee you we will and fossil fuel. no new fracking. not, not, not banning fracking period. i make it clear, i do not propose banning fracking. >> no question i am in favor of banning fracking. joe biden will not than fracking. that is a fact. stuart: yet, but he will kill the business that.
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pennsylvania congressman, dan meuser. in my opinion, he is killing the natural gas business by killing the distribution pipeline, same thing. >> i will tell you what, that list that you just read off, that is quite a list of activities for your first couple of days in office. my goodness, none of it has to do with recovery, none of it has to do what is good for pennsylvania or america, but there are serious implications on canceling the keystone pipeline, first of all economics with 10000 jobs they are now and there will be far more than that along the way. a gasoline prices will go up in the midwest. national security issue as the "wall street journal" is reporting this will have to supplemented by russia and venezuela and in course the environmental issue. you think russia and venezuela do things in the highly environmental friendly way we do it? even justin trudeau
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stated how disappointed he is and he is as liberal environmental as you are going to get. so, you know outside of that he's had a great first day. [laughter] stuart: sarcasm, congressman. give me 30 seconds on the possibility that republicans in the house and senate can reverse this ending of the keystone pipeline. can you do it? >> what we have to do is get the word out on the facts and really the implications here. also what is going on and what will be the consequences of these actions. the people have to weigh in with their democrat members of the house. they only have a tent vote margin. they will have to vote on this. it requires legislation. in and he did revoke the permit, but we can reverse that legislatively. we have done well over the last two or three
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years largely from a omission, carbon reduction standpoint. the only industrialized nation in the world that has reduce our carbon emission last two, likely three years in a row so we are on the right track. we need to stay energy independent. joe biden is ascending our purchasing and our oil offshore. that's a national security issue and has many other consequences. stuart: thank you for joining us. we appreciate your input. dan meuser, thank you. how about a gas tax hike? transportation secretary nominee peter booted judge suggested a raising of that gas tax. ashley: correct. good morning, to help pump more money he says into the struggling highway trust fund that. he says the federal gas tax has not been increased since 1993 and has never been high to
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inflation. he did mention it could have a disproportionate impact on the poor and he also noted that a tax increase would surly be less effective as the country moves towards electric cars, but he says it's still on the table, stu. stuart: thank you. looking at futures with some red today took down about 200 for the dow industrial average. we will be back. ♪♪
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stuart: pass it you look at futures, going down at the opening bell. bringing gregg smith. greg, i'm going to stroll through a list of the factual i. churchill capital, dm y, two men, horizon acquisitions. we will go through the list and put them on the screen. i know you like them all, but will, these facts and hot ipos have introduced what i think is a casino like atmosphere to the market i don't think that's healthy. answer that, will you? >> good morning.
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every day we walk in and wake up and it's almost like spec opposes a with news of new transaction of us back acquiring some company and we witness it trade for maybe 10, 11 or $12 art double or triple, so i have adopted what i'm calling an aggressive cash management strategy ahead in an effort to be a patriotic american. i'm trying to reserve and put aside a certain amount of cash ahead of pay my taxes on capital gains in april, but as we all know there is no interest to be found in the bank, so i'm allocating about 25% of that cash to a portfolio of about a dozen that you mentioned because i look at it that my downside in academia is about $10. $10 sitting in trust and in a perfect world my downside should be $10, but if i get lucky in the next two and half months in any one of these spacs announced a
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transaction id billy to see that 10-dollar bill maybe go to matt 20 or $30 and use my returns ahead of paying taxes, but if there is a calamity or cataclysmic macro even in the world, people will be selling dollar bills for 80 or 90 cents in an effort to raise cash so it's not for the faint at heart. i did this in effort to try to juice my returns on my cash that i will be using to pay taxes in april. stuart: grade, you make a lot of sense because if the downside is limited to make $10 for each share you have of a spacs, you know your downside risk is limited and you also know that your upside potential is pretty good. you make a good case. >> in theory, but if there's a nether macro event people will quickly sell these spacs in an effort to raise cash and you will see
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these spacs trade through their cash value of $10. they will go to $9 when people need liquidity they grab it where they can, but if the market continues to stay status quo and have an risk on environment you have a good solid move up. stuart: we wish you the best of luck, greg appeared good way to pay your taxes come april 15. 9:30 a.m. in the market is open. yes, as expected we opened on the downside with plenty of red on the left-hand side of your screen. about 23 of the dow jones 30 in the red on the downside, minus 200 for the dow jones as we speak. s&p a loss a half a percentage point in the nasdaq composite is opened and we see another lost their, .43%. how about big tech? it's a mixed bag, no serious movement, but susan, tell me about next week because i think a lot of big tech
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and names report earnings. susan: huge. apple, facebook, tesla on wednesday, microsoft tuesday. s&p 500 we expect profit to drop around 9% for the final three months of last year and for the tech companies a whole different story. we know apple has rallied into the earnings release. morgan stanley says it's $1502 stock, record quarter, best iphone release in five years with iphone 12 and microsoft will do well because of cloud, gaming, xbox. they can't even keep it in the ship-- stores. microsoft teams with more people working online at home will benefit microsoft. facebook will do well with recovery when it comes to advertising revenue especially as we try to recover out of covid. i think the question will be tesla but be given the hit the milestone last year it is the quality of profits that i think we
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will have to look into. the first year of profits as you know came from mostly selling green credits to other companies that need it for their i guess account-- government right off. stuart: that's always bubbly, the success of your company and your stock depends upon selling green tax credits. susan: i think the market agrees with you. stuart: that's a big tech. on your screens, and huge losses ibm and intel. those two are dow stocks and they are taking 100 points out the dow industrials. zero lauren, what's gone wrong with these two? lauren: you set it, old tech plays and they are struggling to compete in the new world order. ibm, quarterly sales fell six half percent to 20.37 billion. they are struggling in the cloud. their corporate customers are holding onto their cash during the pandemic. it's a bit of a
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different story with their 2020 sales hitting a record high, almost $70 billion. work from home is great for them. big demand for their pcs and chips the pcs use, but the stocks are still down big as investors are worried they have been surpassed by their peers. you can argue intel silently acknowledge that because they say we are going to outsource more of our chip production, so look at these declines with ibm down almost 10%. combining at least 100 points from the dow. stuart: if it wasn't for ibm and intel the dow jones would only be down about 70 points and that's not much, right there at 31000 as we speak on the dow jones. lauren: do they stay in the dow jones is the question. stuart: that is a good question, that's a fair question. bitcoin, susan, they have had a rotten week. susan: worst week since march
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were bitcoin. cracked 30000 last night. @import level for bitcoin. down sharply from the 42000 record we saw earlier this month, down as much as 20% so far this week and a down 30% from record highs. and with the least stable zero 30000 longer which could mean that maybe towards 25000 or lower. interesting as a bitcoin has gone down this week, the number two cryptocurrency ethereum has gone up. also coming off as well last night with bitcoin dipping below 30000. the overall concerns in the market now and bitcoin investors about government regulation as you heard from janet yellin in her testimony about illicit use of cryptocurrency. it may be enticing for someone like you to get in. stuart: well, i don't know about that, but janet yellin's statement about crypto not
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encouraging. susan: talking about regulating cryptocurrency. stuart: if the government comes down hard on the bitcoin's of this world, watch out. that's all i have to say. game stop, they have moved up again. they've had a pretty good run recently. pretty good run over the last couple of days required, ashley? ashley: is interesting, this stock has certainly spike. is taking a rest today, but in the last couple of sessions it spiked after research was canceled its planned live stream during which it was going to give five reasons why to sell the stock. it was originally scheduled wednesday, but delayed because of the inauguration. that it was canceled citron said to me people were hacking its twitter feed, but when on to say quote game stop shares were going to buy $20
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and buy at your own risk. by the way, game stop stock is up 831% in the last 52 weeks, so. stuart: i remember putting it on death watch playing the organ music thinking it was going out completely. thank you. walmart, this is intriguing, lamar plenty to offer covid vaccine 70s week. lauren, if they do this at all their stores, that adds up to a huge number of shots, does it? lauren: the upper. full capacity is 13 million a month using their 5000 pharmacies and it makes sense, 150 million people each week shop at walmart. puts them in a position to reach people easily
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in those hard-to-reach rural areas. i know a lot of people are saying why does walmart seem to be stepping up now and there's a new administration. walmart says this quote we appreciate the conversation we have had with both administrations. they are try not to get the flak amazon has gotten, but regardless private companies, massive distribution capacity and they have the frontline staff that needs the vaccine. stuart: look, it's good news for vaccine push. you get 13 million shots from walmart and you are well on your way to the mass inoculation that we have all been waiting for. i think that is good news and i like to see walmart go up on that took up $2. a couple other market indicators, with the yield on the 10 year treasury? 1.09%. what is the price of gold next, 1841 per ounce. oil, the prices $51.95
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per barrel in the price of gasoline, national average up to $2.40 a gallon. president biden did not take any questions after his virus briefing thursday, but he did find time to snap at a reporter for asking this. roll tape. >> you set the goal at 100 million vaccines. is that high enough: that when i announced it you also do was not possible. come on, give me a break, man. stuart: are we going to see president biden snap more frequently at the press if they become more hostile? president biden has also been on an executive order spree, 23 to be exact with more on the way. just look at how this compares to his predecessors. he's way out front in the executive order space. we will be back.
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stuart: let's talk the fed printing a lot of money, congress spending a lot of money to keep the party going. susan, isn't there both on wall street about what might happen if all of this a stimulus money, this punch bowl is taking away? susan: we call it tapering when you pull back the punch bowl and decrease the spending. wall street is trying to guess of the timeline because currently the that is fine $120 million in monthly assets and that is backstopping the us economy during covid. is the reason stock markets are trading at record levels but many are raising their gdp forecast to actively 5% this year and some have doubled the ten-year average because they
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love the monthly purchases, but add in that $1.9 trillion stimulus and another one coming in march possibly is pretty good for stocks of the key is at a time when the fed takes away the stimulus and that's when stock market usually fall back so according to a comments by bloomberg that won't happen until next year, 35% of investors say the first quarter of next year and they won't raise interest rates until maybe the year 2023 or so, so that's a long time away there is a thing called tail risk in the market which is rare that you can't predict causing outside impacts over the market and that is usually when it comes to stimulus and the fed taking away the punch bowl earlier than anticipated. stuart: yeah, i don't think it's likely to be taken away earlier, i mean, fed chair powell is talking about as long as it takes. susan: yes. stuart: let's hope the punch bowl stays in place this year.
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market grant is with us, long time market observer, friend of the show, friend of mine. good to see you. >> good to see you. stuart: i went specific advice for you and i won it for people of my generation, that is aging baby boomers. this is the time of year -- we are in the same boat, mark-- this is the time a year when you get to choose where your 4o1k money is invested. stocks, aggressive growth, bonds? give me some advice to. i am 72. give me advice but where should i put my money on a mac i'm happy to help you. stuart, we have almost 200 professional wealth managers. i have a particular strategy that provides yield and cash flow. i think the biggest issue that seniors, retiree, university endowment pension funds have our lack of yield.
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can't get it in bond at this point, any kind of bond. corporate, treasuries, take your pick. where you can find it isn't closed and a funds if you know what you are doing. i like about 30 of about the 650. you can find it in some exchange traded funds where you get to things that are important for people that need a steady income and one is you can get yields that have double digits in some cases and you can also get monthly pay dividends. i think that is why by far those two areas by far the best place to put money for as you say those of us that are a little bit older. stuart: how nicely put. you are after all a diplomat. it seems to me-- i've never known a time as this time is where borrowing money costs so
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little. it's a so cheap to borrow money. i realized the other side of the coin is if you are saving money you'd get virtually no return, but if you borrow with its absolutely terrific. how do you take advantage of that super low borrowing costs? >> i say, stuart, in my commentary out-of-the-box as you have seen that if the barn door-- if a borrower's paradise and fixed income helps. if you need money and you want to borrow money , it's virtually host arc low for a lifetime to borrow money mortgages or against your house or equity loan credit or for anything which is why we are also seeing some a corporations pressuring -- ushering new debt at these new levels which is what they should be doing. the flip side and i would make the comment that i will share with you, there's nothing you can do about getting older, but everything
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you can do about-- what you have to do is flip, pivot if you will from trying to have-- by bonds for yields to looking at these, in my opinion, closed end funds especially with the monthly dividends and as i said you can get yields better outside deals and here's the cash flow that sums -- comes in all the time and whether you can reinvest it, use it to buy something and i think that's the best alternative out there in all the markets right now in terms of dividends or income place. obviously, there is opportunities for appreciation plays with companies that i think seniors and retirees especially ought to have you know like 60% with the old rule for appreciation 40% with bonds that i think now is 40% yield and you have to pivot to find the yield in this market right now because of
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what the fed has done. stuart: good advice from a man who knows. mark, thank you for joining us. we will see you again soon. for the last four years we witnessed the media expose their hatred for president trump. role at tape. >> clearly trying to ignite a civil war in this country. >> the presidency itself is in question. our relationships around the world in question. >> the president will be removed from office after an impeachment trial. stuart: well, well, no surprises. trust in the media is at a all-time low. we will have more on that for you. president biden ramming through his agenda or trying to with three-- a spree of executive orders and there are more to come, two of them are coming out today. we will tell you what he's executive elite ordering today after this. ♪♪
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so you're a small business, ♪ express yourself ♪ or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure.
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fox's peter dc-- congratulations, by the way, peter. what is coming at us today with these executive orders. reporter: one will raise the federal minimum wage to $15 about double what it is now and another one will assist people who need help with food and groceries, snap benefits will increase. joe biden insists he is thinking big especially when it comes to covid-19 vaccines. >> 100 million vaccines. is that high enough? >> when i announced it, you all said it was not possible. give me a break, man. reporter: as important as anything the biden plan will-- to flatten the curve with his 100 day mask challenge as he requires it on federal property and inside federal buildings, but there are photographs and video of biden and his whole
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family without a mask at the lincoln memorial. >> president biden and all members of the bar-- biden family, where they masked at all times on federal land last night as he signed a mandate? >> at the inaugural-- >> the lincoln memorial, yes. >> i think he was celebrating an evening of how historic day. i think the power of his example is also the message he sent by signing 25 executive orders including almost half of them related to covid. reporter: one biden even open to the press today, they will let cameras into watch him sign the new executive orders. he will have the vice president, kamala harris, by his side. she has a short commute because she is staying at blair house why the vice president's house undergoes maintenance post mike pence.
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stuart: i wonder how make ahead-- questions you will be allowed to ask. >> well, we have a lot hopefully a lot. stuart: good luck, my son. see you later. peter dc. still ahead, what a lineup, tammy bruce, mike huckabee, charles payne and the mayor of miami. the second hour of "varney & co." is coming up. ♪♪ ♪♪ ♪♪
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♪ ♪ it's friday, i'm in love ♪♪ [laughter] stuart: friday i'm in love. [laughter] all right, sounds good to me. good morning, everyone. 10:00 here on the east coast. big show still ahead. tammy bruce, david asman -- a special story coming from him this morning. he's on fox business, special story coming up. governor mike huckabee. in the 11:00 hour, charles payne, fox business guy, of course. miami's mayor, francis suarez and, yes, tomi lahren. to the markets. okay, we're not down as much as we were, the market has pared
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its losses. a few minutes ago we got some pretty strong manufacturing data and fairly strong data on the services sector as well. that is helping. and the nasdaq has now moved north, a maul gain in ground. why? microsoft, way up today. yes, i've got a thin sliver of this thing. it's up nearly 2%, a huge gain for a company of that size. why is it going up so much? well, goldman sachs says it is a buy. and evidently, people are buying it. up $4 now, 229. we've got the latest read on existing home sales, very important number for realtors. what's the number, lauren? >> a very good number, stuart. so for december, so the previously-owned homes rose by .7% month over month to an annualized rate of a stronger than expected 6.76 million units. the price went down from last month, but it's up about 13% on
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the year. you're shelling out a median $309,800 for a home. stuart? stuart: but if you're buying homes, existing homes, at the rate of 6.7 million per year, that is a housing boom and a half, if you ask me. all right, let's wring in mitch roschelle, he's our real estate guy at the moment. this is, to me, this is a very strong existing home sales number. it implies that there is, indeed, a housing boom. what say you in. >> yeah, 100%, stu. and, in fact, this is the end of the year when consumer confidence was falling off a little bit in the postelection hangover. and you saw retail sales dip a little wit in the month of -- a little bit in the month of december. people are continuing to dip into their wallets and find homes to buy if they can find them x that remains the biggest challenge for would-be home buyers. stuart: it's definitely a boom, but would you call it the
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beginnings of a bubble? >> yeah, i don't -- you know, i've said before and i'll stick with it, i don't see it being a bubble because of the outsized demand. and it's really driven by a lack of inventory. so we have demand, we just don't have enough supply, and that's what's driving it. in fact, potential sellers are actually pulling their homes off the market. i know you've asked me about this before, because they can't find a home to buy when they know they can sell their home. we're finding ourselves in a little bit of a vicious cycle in terms of supply. the good news is housing starts was pretty strong a couple days ago, but it's going to take a while to get those homes on the market. stuart: they can't build enough new homes to satisfy this extraordinary demand. and i think the regulations are cutting back on new home building. is that right? >> yeah. and i often refer to the three ls, land, lumber and labor, as the reason home builders can't build. right now we're seeing at least
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land and lumber spiking. but the fourth l is laws. and you're right, regulations do hold back home builders, and they're very fearful, if you talk to them, that the new administration's tone at the top around environmental is going to put more local regulations that are going to impede the construction of new homes which this country desperately needs more supply of homes. stuart: just anecdotally, i'm hearing about people who put their home on the market on saturday, and it sells on a sunday. realtors tell me about phone conversations they're having w bidding on the homes on the phone and creating a bidding war, florida, texas, tennessee and various parts of the country? >> absolutely. i know multiple people, and i scratch my head when they tell me this, they've bought homes sight unseen, and they've only looked at 60 pictures on still low, and they -- zillow, and they base their decision to buy
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a home on that. to me, that's something i'd never do, and i've said before you cannot smell a musty basement in a picture, so i do encourage people to see it before they buy it. stuart: can't check the water pressure in the shower either. there's a lot of things you can't do on the phone. [laughter] mitch, let's close it with strong existing sales numbers, it's a housing boom, but you don't think it's a bubble. thanks for joining us, appreciate it. on your screens, there we have president biden. let me change the subject for a second. joe biden has signed the executive order, okay, got that, extending the freeze on evictions. that leaves landlords in something of a problem. we're going to discuss that later in the show. and then there's this, you take a look at this piece from the washington post, it's a washington post columnist, actually, calling out the media for being, quote, embarrassingly
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complimentary to the biden administration. how about that? tammy bruce is with us. tammy, if the washington post is calling out the media. "the washington post", of all people, calling out the media, it must be really bad. have at it. >> yes. look, this is one of the things about having donald trump immediately -- before trump it was one president after another that pretty much came in with the status quo. the media did its thing, we knew what to expect. now we are seeing in stark relief what the difference is. we know that there's been a plunge in approval rating of the media, it's at the lowest it's ever been, and there's a reason for that, because the american people see this. look, it's good for the media to ask questions of people in power. that is, in large part, their role, to be hostile. at the same time, with donald trump, of course, it became vicious and unproductive. it had -- there was no goal there to get the real information and to inform the american people. this is the same coin.
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there is no goal to inform the american people, but it's their own bias, their love for the guy they like the policies he's going to move along, so their interest isn't helping to facilitate that. and, you know, you had peter on earlier who's been doing a great job with already asking the only serious questions. and you can see how jen psaki is irritated at actually being confronted a little bit. so the american people are being reminded about why, in part, donald trump was elected and how interesting the next few years are going to be. stuart: did you see these violent protests on the west coast? they broke out in portland -- >> oh, yeah. stuart: -- for example, right after the biden inauguration. they've attacked federal buildings, they've damaged government buildings, and yet i don't see this reported anywhere. the media said that the capitol hill riots were an insurrection, but they've totally ignored
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what's going on with antifa in portland and other places. have at it again. >> yes. look, we've had about a hundred people arrested at the capitol, the media and the democrats want you to extrapolate that to 75 million americans and the tens of thousands of people who were at the president's rally to hoe him -- show him support. two different die can names. and that also -- dynamics. and that also is not being reported. hopefully, we'll hear more, but americans watched this kind of urban violence by democrat-aligned groups, marxist black lives matter, antifa, and it hasn't stopped. this is not a renewal, it has continued through portland, as an example. and yet we have 25,000 national guard troops now, apparently they were theater, because as people learned, they've now been kicked off the capital, put into a garage to sleep in 38 degree
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weather where, from certain reports, there's one bathroom with two stalls and one electrical outlet. it's a garage. no windows, no movement of air. they're jammed in like sardines. 5,000 of our national guard troops, stu. and it's like now that they're not useful anymore, they've been thrown out like a dirty dish rag. it's appalling, it is shocking, it is not what the american people voted for on november 3rd. stuart: they were players in political theater. tammy, always a pleasure. >> that's right. stuart: thanks for joining us soon, i hope. thank you very much. >> thank you. stuart: all right. now, we've got a market that is moving, there is some movement here so, therefore, there are some big movers. i'm going to pick out microsoft, for example. that's a really big mover to the upside. ibm and intel to the downside. but what are you watching, lauren? what have you got? >> well, if we wanted a vacation on a cruise anytime soon, it's
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not happening. carnival stock is down 2.25%. they're canceling u.s. sailings until may, so this keeps getting pushed back. i want to look at the energy stocks, they're among the worst performers. there's a little bit of profit taking. and also, you know, there was some exuberance behind oil leading up to today, but the oil market is not immune to two things, demand destruction because of covid and also biden's green plans as he tackles climate change. so look at these declines for the energy sector today. and finally, you mentioned it at the top, intel, huge loser today. but their pains are amd's gains, up 2.5%. stuart? stuart: let me lay it on thick as well, we've got ibm now down 10%. that is a huge drop for a very big name, old tech company. okay, got that out there. now this, twitters has just suspended -- [laughter] news flash -- they suspended
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iran's ayatollah, his twitter account suspended. do we have a reason for this, susan? >> only after they permanently suspended mr. trump's account first, right in but they're only suspending one of the iranian supreme leader's accounts, it's not the main account. why? well, twitter says it violates their platform policies. this isn't a permanent suspension, by the way, and many human rights activists and users have pushed twitter for a long time now to suspend the ayatollah's account. he's called for violence and the destruction of israel and the zion withists in the past with some of his tweets. he's also threatened the u.s. post with retaliation for the killing of soleimani last year, and twitter says it's upholding these policies, many point to the ayatollah's account as a source of these so-called threats. he's still allowed to between though, and mr. trump is permanently banned. critics say how does that work, and this seems like a double standard, doesn't it?
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stuart: yes, it does. it is a double standard. doesn't just seem like it, it obviously is. all right, susan, i'll calm down. thank you very much, indeed, susan. [laughter] now this. all right. here's the big story. when he was running for the presidency, joe biden insisted he would not ban fracking for natural gas. now he's the president, and instead of an outright ban, he's doing his best to kill the natural gas business. with the stroke of his pen, he's killing the keystone pipeline. this would have brought enormous quantities of cheap gas from canada and the dakotas for the rest of the country. what a mistake. it's an insult to canada. they've spent a fortune building their part of the pipeline. it costs thousands of very well-paid jobs. it will be more expensive to heat your home, and it stops utilities from replacing high carbon oil and coal with lower
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carbon nat gas. the climate crowd doesn't care about any of this. all they want is to kill fossil fuels completely. it's known as virtue signaling in the name of saving the planet. and so the decision to take america back into the paris climate accord. looking good to the world climate community but acting very much against america's best interests. it's worthwhile pointing out that if every nation in the paris accord did exactly what they promised to do, of course, that's highly unlikely, but if they did it, the global temperature would only drop by 0.09 degrees by the year 21 is 00. and -- 2100. and, by the way, china -- the world's greatest carbon polluters -- doesn't have to do anything about its own emissions until 2030. now, climate didn't play much of a role in the presidential campaign. the democrats made the election a referendum on president trump, avoiding in depth policy discussions.
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but now we're into the biden presidency, and the climate crowd is running a big part of the show. they made a big splash in the opening days of the newed administration. they'll find it -- new administration. they'll find it hard, however, to keep up the momentum when the cost and the damage from this virtual virtue signaling hits us all. all right, that was my take. coming up we have environmental expert jan lumberg. speaker pelosi wants you to believe that impeaching president trump would be unifying, watch this. >> i don't think it's very unifying to say, oh, let's just forget it and move on. that's not how you unify. stuart: all right. former arkansas governor mike huckabee is here with his take on that. we'll be back. ♪ ♪ -- in the high life again. ♪ all the doors i closed one time will open up again.
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stuart: breaking right now, senate majoy leader chuck schumer says speaker pelosi will deliver the articles of impeachment to the senate on monday. i thought that that meant the senate had to take up the impeachment move immediately. and that would contradict mitch mcconnell's push to delay the trial until mid february. we'll see what happens monday. the senate trial, apparently, will be going ahead. as for the markets this morning, no the reaction to that impeachment news. we're still down but not that much. we're at 31,000 on the dow, down 1 is 70 points. the -- 170 points.
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the s&p and nasdaq, small losses there. show me disney. nice gain, 1.5 percent, ubs raised it to a buy and says the price will -- target price -- $200 a share. 173 right now. here's an op-ed, look at this. it's in the "wall street journal" today, and the headline is regeneron's antibody miracle for covid-19. that sounds good to me. who wrote it? the author is my friend and colleague david asman, fox business man himself. david, you and your boyfriend -- you and your wife both had covid, take me through it. david: well, we mangled, as you know, stuart, to survive the whole of 2020 without getting sick even though i was going into work every day. i, of course, used masks for public transportation, any
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public places. we thought we were going to stay through to a postpandemic era without getting sick. right after new year's eve i woke up feeling bad one day, i had a temperature. went to the emergency room, the doctor said it's probably covid because nothing else gets through those masks except covid. and, indeed, it was. i tested positive. i asked for regeneron, if i could get an infusion, because of the fact that the president had done so well with it. i think a lot of people, like me, had seen how well the president did. he gave credit, a large amount of his credit to his recovery to regeneron. it's difficult to get regeneron even though there are excess supplies because there are still bureaucratic regulations to prevent people from getting it easily. but i, you know, i worked the network and eventually found a hospital that was supplying the stuff. i got an infusion, my wife also got sick, she got an infusion. within 48 hours we had zero symptoms. and, stuart, we were beginning
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to feel pretty bad. if you get the regeneron early, it can keep you out of the hospital. stuart: would you call it a cure? >> oh, we're -- this is more than three weeks now after we got the infusion, and there's zero symptoms. so, yes, i would call it a cure. everybody's focused on the vaccine, and that's great that the vaccines are getting out there. but there's still a lot of people getting sick. and thankfully, operation warp speed put a lot of money into these antibody treatments. it's regeneron, eli lilly, astrazeneca's coming up with one, there's a small company that's coming up with one. so because they had the infusion from operation warp speed, because they stripped away a lot of the regulations that prevent new drugs from coming to the market, they're easier to get. but they're still too difficult to get, and we need help from the biden administration. the problem is politics enters in here. the biden administration doesn't want to give any credit to
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operation warp speed even though we have all these speed. it'd be a damn shame if politics prevents sick people from from getting these antibody treatments. stuart: well said. we're very glad to see you cured, and, please, pass along our best wishes to your wife and come back and see us. >> thank you. that's very kind. thank you. very much, stuart. stuart: yes, sir. if you're watching the confirmation hearings for janet yellen, you know she favors tax hikes, she's not a fan of cryptos, but i think -- has she just been confirmed to the treasury job, lauren? >> she has. so the senate finance committee, stuart, approving her nomination by unanimous vote. so now her name is sent to the full senate floor which could vote to confirm her as soon as today. so she is very likely going to be the first female treasury secretary in addition to having been the first female head of the federal reserve. so what is she going to do as
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treasury secretary? well, we heard from her, you know, herself she had written answers to some of the senators' questions, and she would raise the corporate tax rate to 28%. she would raise taxes on the wealthy, taxin investment income of families making more than a million dollars at the same rate they pay on wages, earned income, and taxing capital gains as well. so elections do have consequences, and this is one of them. stuart: that would be -- you start taxing capital gains like that, and you've got a serious problem if you're an investor. that's a serious problem. all right. janet yellen confirmed, goes to the full senate. she's in, got it. thanks, lauren. how about this? this is kind of a gee whiz story. google has shut down what was called the loon internet balloon company. susan, i think this is those giant air balloons that they were going to float up there to beam down the internet to the rest of the world.
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>> yeah. stuart: they're dropping it, are they? >> a high profile venture, that's right. these are these massive balloons that were supposed to hover in the atmosphere, beaming down internet and cellular service to rural places that are harder to get a signal in. but after ten years, alphabet says we can't make them cheap enough to make money off of them. loon was part of google's moonshot, the self-driving unit as well, and the money-making venture which is google and advertising. meantime, you know, where google's failing, elon musk might be succeeding. his satellites now have coverage in the u.k., u.s. and canada so far, and musk has actually said himself that starlink will be ten times bigger than spacex and those reusable rockets. starlink sends satellites into space and beams down internet to places harder to reach. imagine if he gets just a piece, a small slice of a trillion
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dollar space telecom market. i guess that's why he's worth around $200 billion, right? stuart: yeah. every story we do, a lot of them at least, elon musk's name comes up again. >> he's a visionary. stuart: he is, but we're going to be interviewing the mayor of miami shortly, and guess what? >> what. stuart: elon musk is talking about building tunnels under miami with his boring company. he pops up everywhere, how about that? [laughter] moving on, president biden's new director says pharmacies won't be able look down at -- it's almost a year, look at that, it's deserted stil deserted. we'll be back. ♪ holding hands while the walls come tumbling down. ♪ when theo, i'll be right behind you.
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point are these stocks. microsoft up 2%. $4 gain, almost back to $230 a share. that's new big tech. old big tech really taking it on the chin. ibm's earnings late yesterday just didn't measure up, they're down 10%. ibm down 10%? and intel is now down 8%. if it wasn't for those two stocks, the dow would be down about 100 points, not 230. then we have president biden's decision to rejoin the paris climate accord. well, controversial with a lot of people. jan runs berg is with us -- lumberg is with us, a well known environmentalist. bjorn, why do you think this rejoining the paris climate accord is a bad decision? explain. >> well, look, stuart, it was obvious that biden was going to do this, and he's right in saying that global warming is a real problem, and we should fix it. but he's wrong to believe that
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this is mostly going to happen through the paris accord. first of it'll do almost nothing to reduce temperatures by the end of the century. if everyone does everything they promised, it will cut temperatures by less than 0.3 degrees, yet the cost will be $1-2 for the rest of the century every year. that's a lot of money to do almost no good. so, yes, we should fix it, but this is the wrong way to do it. stuart: in your opinion, president biden says that the climate, climate change is an existential threat. that's a direct quote. well, is it? >> no. he has said that a lot of times. a lot of people are saying that. if you actually read the u.n. climate panel reports, the gold standard for climate science, it tells us global warming's going to be a problem, but by no means the end of the world. so, remember, in 50 years the
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u.n. tells us that the average impact of global warming will be equivalent of a loss of somewhere between 0.2-2% of the average person's income. given that we're going to be, what, about 360% richer, that means instead we'll probably only be 356% richer. now, that's a problem, but it's certainly not the end of the world. and telling us differently is actually really bad because it leads to this sense of panic and that we should do everything we possibly can. look, global warming's a problem, but we should treat it just like all other problems. we should recognize there are costs and benefits to tackling. we should not spend too much money on climate because it means we spend too little on all the other problems. stuart: what you want to do is spend a whole lot more money on research and development into renewables, right? the that's where you're coming from. >> exactly. look, biden has promised to spend $2 trillion in the next four years on climate. that the equates to $1,500 per
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person in the u.s. per year. that's just not sustainable. remember, most people actually say they don't want to spend $24 on climate. so trying to spend $1,500 is just not going to fly in the long one. but he is saying we should spend money across a wide range of areas. he is also saying we should invest in green energy r&d, and that's actually right because if we can help make it cheaper than fossil fuels, everyone would switchment not just rich, well-meaning americans, but the chinese, the indians, the africans. so making sure we spend money on research and development, this could be solar and wind as you talk about, it could also be fusion, fission if, a lot of other things, but we need to invest in innovation not just try to cut carbon emissions which is going to be incredibly costly and likely fail. stuart: we hear you.
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let's hope the rest of the climate crowd hears you as well. bjorn lomborg, thank you. >> thank you. stuart: now, president biden continues his mass issuing of executive orders. i believe there's a couple coming out today. lauren, what will they deal with? >> yeah. you can add two more to the list for today. so he's expected to sign one executive order to help americans who are struggling to feed their families who missed out on the previous round of stimulus checks or who are out of work. but with this caveat, so you can get unemployment if you need to leave your job because you feel it's unsafe of to work at that company during the pandemic, okay? so you can then get unemployment benefits. the second executive order he's expected to sign today will restore collective bar gaining, the power of the unions, and ask federal agencies to pay all of their workers at least $15. so both are being framed as
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pandemic responses, but clearly the second order just builds on the progressive agenda. this is a push to get the $15 minimum wage through. stuart: yes, it does, indeed. that is the progressive agenda. got it, lauren. thank you very much, indeed. now, we've got some bad news from the new cdc director. she says vaccines will be delayed in some places. ashley, where is she talking about? which placesesome. >> well -- places? >> well, all pharmacies across the country will likely not have the vaccine by late february as promised. she can't say where, but the trump administration said it had enough supply to reach the general public by the end of february, going into march. but the cdc is reiterating the biden administration's pledge to distribute 100 million doses in the first 100 days and says it's going to try to speed up and smooth out production and distribution. as we mentioned earlier in the
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show, this week and next walmart will start providing inoculations in georgia, indiana, louisiana, maryland, new jersey, south carolina and texas as well as in chicago and puerto rico. the retailer already vaccinating health care workers now in new mexico and in its home state of arkansas. all of this happens, there is frustration that is growing over the slow rollout of the vaccine. by some estimates about half of the 38 million shots delivered are now stranded in freezers waiting to be used. stu. stuart: i'd just like to know why walmart gets the vaccines and a lot of other places do not. can't work that one out. >> right. stuart: maybe they've got clout, who knows? ashley, thank you. as facebook continues to lose users, another social network is gaining millions of them. in just the last week, that is. we'll tell you which one we're talking about here. plus, made in america. prime minister joe biden --
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president joe biden, we'll tell you about the new administration's efforts to keep manufacturing here at home and what it means for one business in new york state. that's around this. ♪ ♪♪ ♪ ♪ living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio, the only one of its kind
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♪ ♪ stuart: president biden is about to unveil his buy american plan. will it be as good and as effective as president trump's made in america initiative? let's go to gerri willis. she's in sheryl, new york. what are business owns telling you there? >> reporter: that's right, stuart. we are at sheryl manufacturing. these guys make liberty tabletops, the only american-made table ware, forks,
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knives and spoons in the country here. you're going to see gabrielle and tammy -- well, tammy's there -- they're taking spoons from the buffer and making sure there are no mistakes, no errors. cleaning them up. now, i want to say these two are lucky, they're part of a 75-employee team here that's making products, and the story here is different from manufacturing all over the country which has gotten 28% smaller over the last ten years. but here at sherrill, ceo greg owen here is actually increasing the size of his staff. how are you doing it? >> well, first of all, we've been able to survive over the last ten years, particularly the last four years thanks to president trump and members of his administration. also folks across the aisle in the democratic party who have brought made in america back to life and is have supported what we would call patriotic purchasing. but most specifically during the
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pandemic, of course, a lot of brick and mortar retail stores shut down. so we're an online retailer, so that really gave us a big boon in our sales, and we're also a contractor to the u.s. military the. we have a contract, so as an essential business, we were able to remain open during the pandemic, and these things along with the patriotic purchasing have kept us going and allowed us to grow. >> reporter: greg, thank you for that. as i send it back to you, i just want to say, stuart, this weekend we're expecting an executive document from biden saying what he's going to do about made in america. we're looking for tax credits, higher taxes for people who outsource products. that could happen as well. and $400 billion worth of ordering from the federal government will go to made in america companies with the caveat that they have to add workers -- ask workers if they want a union.
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it's going to be very interesting. i'll send it back to you, stuart. stuart: we'll take it. gerri willis, thank you very much, indeed. now, you've heard about the mass migration to texas. left-hand side of your screen, the word samsung. susan, is samsung going to texas too? >> i just love how you say it. i'll have to learn. samsung, right? yes, everyone's going to texas. it's not just hewlett-packard or oracle, but samsung as well. a $10 billion chip-making plant in austin. and you can imagine that'll come with thousands of jobs. so people know samsung for their phones and tvs, but they're also, by the way, the world's largest memory chip maker, and it's also not the only asia-based chipmaker investing billions into the u.s. tsmc also making chips, they're building a $12 billion plant in arizona that's set to open in three years. and as you know, with intels problems and intel's stock is
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paying for it today, this is an opportunity for asia-based chipmakers to also try to fill in the gap. hey, that's good for jobs as well in the u.s., don't you think? stuart: i do think that, yes. >> samsung. stuart: i mean, it's an exodus. i don't know where they're all coming from, but they're going to texas. i mean, that's an extraordinary -- >> no taxes. yeah, no income taxes, no capital gains. it's enticing for a lot of people, and you can imagine the tax incentive package. it attracted elon musk. it must be pretty good for samsung too. stuart: guaranteed. samsung to texas. got that. thanks, susan. a big, as a big tech, they're facing a lot of scrutiny over censorship, we got that. alternative sites are gaining in popularity. now, lauren, what's this about an anti-facebook app? what's that? >> that's how a company called mewe is billing themselves. and last week they added another 2.5 million users worldwide, to
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they now have 16 million users. they vowed not to censor anybody for behavior that might violate the policies of other networks. mission to protecting your privacy -- in addition to protecting your privacy, not showing you ads, things like that. but, you know, just look at what could happen with potential regulations coming down the pipeline. i don't know how any company can say, well, we're not going to, you know, regulate what you say on our sites. that might not work in the new administration. stuart: i wish it would though. i mean, i really wish it would. we could have real free speech. i mean, it's so unlikely, but i would like to see it. all right, lauren, don't get me started. let's move on, thank you. soccer star carli lloyd. you're going to get me started with one. she's facing backlash. why? oh, she stood for hour national anthem. for our national anthem. is that what we've come to? we've got the story.
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of senator schumer says articles of impeachment will be coming to the senate on monday. that as speaker pelosi says impeachment is unifying. watch this. >> i don't think it's very unifying to say, oh, let's just forget it and move on. that's not how you unify. stuart: all right. former arkansas governor mike huckabee takes that on. the governor is next. ♪ ♪ -- because you're mine, i walk the line. ♪ i'm searching for info on options trading, 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
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it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. ♪ stuart: yeah, it looks like a sizable loss for the dow industrials, down over 200 points, but i've got to tell you a lot of that loss is made up by two dow stocks, ibm and intel. both of them are down very, very sharply, and that takes a lot of steam out of the dow. but it's still at 31,000. how about paypal? i believe it's moving higher, yes, it is, about 15% higher -- 1.5 percent % higher. of it's currently at 252. bank of america says it's going to $282, and they maintain it as
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a buy. it's up. senate majority leader schumer says the house will send over the articles of impeachment on monday. yes, there will be a full trial. governor mike huckabee joins us now. governor, how's this going to worksome speaker pelosi -- work? speaker pelosi and schumer, are they sacrificing biden's legislative agenda just to get president trump impeached a second time? >> well, it sure looks that way. and, you know, stuart, all in the name of unity because i don't know of anything that would unify america more than impeaching a president and i throwing him out of an office that he hasn't held for several days. and by the time, it will be more than a month. this is insanity on steroids. it's the equivalent of saying we want to bring the family together, so let's go to the cemetery, dig up daddy, abuse his corpse and put him back down in the ground, and that'll bring us all together as a family. we'll have a better christmas and thanksgiving as a result. this is the nuttiest thing i
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think i've ever heard. most constitutional scholars think it's unconstitutional on its face. but even if it were legitimate, the point is there are more pressing issues for america to be dealing with than trying to punish a president who no longer is president. stuart: will it work in republicans' favor? you drag this out into the senate -- >> yeah. stuart: -- and a lot of people are going to say, as you said, you've got more important things to do like the biden legislative agenda. it's just another attempt to be nasty to donald trump. i think it works to republicans' favor. >> well, there's no doubt about that. now, on one hand you could say that given the biden executive orders that are job killing, maybe delaying the biden agenda is good for america, but not this way. and you're 100% right that all this does is reminded the country -- remind the country that the democrats are not interested in governing.
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they're interested in being petty and punishing their political enemies. they don't bring people together to solve problem, they view america as a place where they can live in their palaces, act like they have their own palace guard as we've seen nancy pelosi surrounding herself with the troops and not wanting them to leave. this is a time to just maybe remind america that putting democrats in full control of washington was a really, or really bad idea. we can fix it in two years and, hopefully, we can hang on for dear life until then. stuart: governor, i get the impression that the democrats had a field day after the riot, but now there's some pushback coming on them, because they've e gone too far. last 30 seconds to you, governor. >> well, what we've seen is that joe biden doesn't go far enough left, which is amazing, because he goes pretty far. but the riots we've already seen this week in denver, portland, seattle are reminders that this
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country is in real point of division. and joe biden, i hope he really works to say to the 74 million trump voters you really do matter, and we're not going to insult you anymore. stuart: let's hope. governor, always a pleasure. thanks very much. see you again soon. >> thank you, stu. stuart: we've got a big hour still ahead. charles payne, the mayor of miami if, francis suarez, and tommy lar. also coming up, why the housing boom, this is my opinion, is not over. it's not a bubble, the boom continues. i'll explain it all at the top of the hour. ♪ just dance, dance, dance. ♪ can't stop the feeling, so just dance, dance, dance. ♪ come on, ooh ooh, something magical. ♪ it's in the air, it's in my blood, it's rushing on ♪♪ t reals in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.
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>> i don't see any good the democrats get from this, and i think those that are truly independent just look at it and say, democrats, what are you doing? we put you in charge, now do something. >> look, we've had about a hundred people arrested at the capitol. the media and the democrats want you to extrapolate that to 75 million americans. >> we need to stay energy independent. joe biden is sending us, sending our purchasing and our oil offshore. >> it's tough to be a bear, stuart, just in record high after record high. and look, the trend is up. 88% of stocks are above their
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200-day moving average. >> if you need money and you want to borrow money, it's basically at historic lows, stuart, for our lifetimes. >> right after new year's eve i woke up feeling bad one day and a temperature. it's difficult to get regeneron even though there are excess supplies. i got an infusion. my wife also got sick, she got an infusion. within 48 hours we had zero symptoms. ♪ ♪ i was made for loving you, baby -- ♪ you were made for loving me. ♪ and i can't get enough of you, baby -- stuart: i was made for loving. okay. [laughter] 11:00 on the east coast on this friday, january the 22nd. it is president biden's second full day in office. as for the markets, i'm seeing some red right there but, look, we've had a terrific week, and we're still at very high levels, almost at record highs. look at that. the nasdaq's at 13,500. the dow's at 31,000.
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3800 on the s&p. very high levels being maintained each though we're down a little to today. that's the market, now this. 15 years ago we were in the grip of a housing boom. in fact, it was a housing bubble fueled by very cheap money and the availability of home loans to just about anybody who asked for one, qualified or not. well, look at housing now. it is another boom. all right, this is anecdotal, but i've spoken to a couple of friends who have sold their home almost as soon as they put the home on the market. and i've spoken to realtors who are getting multiple offers on homes as soon as they're listed with many of the buyers phoning in their offers. exit tough the bidding -- competitive bidding above the asking price. that's not uncommon these days. but at this point, opinion, it is not a bubble. new rules insure qualified buyers. there are no liar loans these
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days. and this housing boom is fueled by more than just cheap money. the lockdowns, for example, they're pushing people out of the cities. have you seen florida and texas? jammed with people from new york and chicago. tax problems push people out of high tax states. again, have you seen florida? a lot of people are taking their big stock market profits and using them to buy reality. that is called asset reallocation, and it's happening now. and, yes, cheap money, mortgage rates are much lower than 15 years ago, under 3% on a 30-year fixed. that's very attractive. if there's a problem, it's finding a home to buy. prices are rising fast. people feel they will not be able to afford a different home if they move out of the old one. and building new homes, well, that's complicated by complex and really onerous regulations especially in california. home sales may stop rising, they may, but demand, that remains
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super strong. this boom's nowhere near over. the third hour of "varney & company" about to begin. ♪ ♪ stuart: look who's here, charles payne. friday morning, that means payne, and he's with us right now. what do you say about my editor y'all there? i think the housing boom is in full swing, it's not a bubble and it's not over. what do you say? >> i liked it. i liked it a lot. i started positioning people for the housing boom in the fall of 2019 because of demographic changes, household formations, millennials turning 40 years old and some other trends that, to your point, helped a lot by the covid-19 thing. a general epiphany for a lot of young professionals wondering why the hell am i living in the city, you know, in a 30-story building and i gotta touch these buttons and breathe other people's air. and it's also this notion that
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independence of free doll. having -- freedom. having my own home, by the way, stuart, i'm moving into a new house next week, on tuesday. stuart: oh, really? >> yeah. stuart: i won't ask where it is, but tell me the truth, are you transferring some of your winnings on the stock market into real estate in you doing that? >> this is where i disagree with you. i could have bought the house for cash, but i didn't, i financed it. i'm putting 25% down because i'm making so much money in the stock market, i could never make that much with a house. you talked about gamestop earlier in your show, i made 275 percent in four weeks. i'm making so much money in the market, so i put 25% down. and you're right, it is a pain in the behind dealing with all of these emails, oh, can we get a pay stub. are you kidding? you know what i'm worth. they put you through the wringer.
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it is a pain to try to go through the process, but it is a boom, and it's not stopping. [laughter] stuart: you should really have gone for all cash, charles. trying to get a -- >> oh, i'm selling my house for all cash thoughment. [laughter] you're right though. stuart: oh, okay. moving on up, charles, that's what we want to see. i'm going to change the subject because you're really annoying me about all the money you've made in the market. [laughter] killing the keystone pipeline. that's stomping on the natural gas industry. that is stomping on america's energy independence. i think it's one of the worst actions taken by a president recently. what say you? >> i can't argue with you, stuart. i mean, listen, it's ridiculous, it's stupid, it goes against everything that the president promised in terms of job creation. you immediately lose a lot of jobs. ultimately i think what people are going to find out is ideology comes before everything. it comes before employment, it come cans before wages, it comes
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before anything else. i don't care what you hear about income inequality, or fors a one-world -- it's a one-world ideology, everyone being on clean energy and things like that. all of these things could happen naturally and do, obviously, creative disruption and things like that. but, you know, it's -- ideology came first. it came before american jobs, it came before american energy independence, and that's the way things are going to be. so if you're in the market, you better learn how to adjust to things like that. stuart: okay. 30 seconds left, charles. i want you to give me one stock that you will buy today. >> one stock today, ttek, it's a water idea. it's on the verge of breaking out right now. love the volume, i wish i'd gotten into it a couple days ago. it's a water investment, ttek. stuart: ttek. all right. let's see if you can move the market. charles payne -- [laughter]
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you are all right, and we will be watching you, 2:00 this afternoon. thanks, charles. >> thanks. stuart: one city has become the first in the nation to use cameras to try and slow the spread of covid. cameras watching you at all times? doesn't sound good to me, ashley. >> no, it's certainly big brother again. it's the city of peach tree corners, it's a suburb in atlanta. it's testing new technology that allows cameras to instantly calculate the space between people and whether that represents a virus health risk. if three or more people are gathered and are standing within 6 feet of each other, an alert is triggered. now, the high-tech tool was developed by an israeli company where it's already been used very effectively. responding to those privacy concerns, the city says the goal is not facial recognition or iding people, but as they say it is an advanced way to gather critical information as the
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economy reopens. but there are those that say, hmm, maybe privacy is an issue. stuart: hold on a second, ashley. do they shout at you? >> yeah. stuart: if they see you're not 6 feet apart -- >> i'm not sure, it's unclear -- yeah, it's unclear how it's triggered. does it go to law enforcement who then respond and by the time they get there, you would think that those people have already moved on. it's a little unclear how that works, but an alert, no do you want, is triggered. again, they're just -- no doubt, is triggered. they're just testing it whether it is effective. in the israel, apparently, it is. stuart: can't wait. thanks very much, ash. now, america needs a raise. bank of america is giving cash bonuses to lower paid employees. how much money are we talking about, lauren? >> yeah. actually, all employees. so for the lower paid employees which make under $100,000 a
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year, they're getting $750 cash paid out next month. and for those who make between 100-500,000, they get a stock award. so in all, 200,000 plus worker e getting something from bank of america. mind you, the minimum wage that b of a has decided to pay is $20. so the national rate is not that but, look, many companies already pay more than $15 an hour. stuart: yes, they do. lauren, thank you. take a look at bitcoin, please. it's up overnight. it fell under $30,000 a coin, it's back to 32,000 now. susan, i don't know whether you can answer this or not, but bitcoin's gone from 42,000 to 32,000. is the rally over, do you think? >> it fell as much as 17% yesterday so, yes, we briefly dipped below 30,000. technical analysts say we stay below 30,000 for a longer period of time, that could trigger more
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selloffs. moving down to 25,000, again at the $20 the ,000 level. look, we're down 25% from their all-time high of $42,000, and a few reasons for this. you had janet yellen talking about use of cryptocurrencies in her treasury testimony, and investors now concerned maybe there's more government oversight coming down the pipeline. also rumors of double spending meaning that you use a bitcoin to, say, drive a car, you drive off with the car and then pull back the bitcoin after you get the car. so that's causing lots of concern, and people are thinking about the safety of bitcoin, whether or not it can be manipulated since it is a digital coin. right now if we stay above 30,000, it might be safe for now than, say, if we went below that 30,000 level. [laughter] stuart: a tricky deal that, investing in as something as volatile as that. >> you have to have the stomach. ups and downs, yeah. stuart: there you go.
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all right, weekly oil inventories breaking right now. give me the numbers, ash. >> surprise build in those oil stockpiles, stu. coming in up 4.35 million barrels. we're expecting a drawdown of 1.1 is 6. so almost a 5 million barrel miss on those dreaded estimates. also a surprise drawdown in the gasoline supplies. so when you have a build, a surprise build lightening -- like that, we are using less oil which should put pressure on oil, 52.60. stuart: and i'm paying $2.40 for a gallon of gas, ashley. not happy about that, but there you go. >> no. stuart: thank you, ashley. now, we've covered this before but we're going to cover it again. florida stands in really stark contrast to, say, new york. one is open for business, the other's shut down. the mayor of miami, francis
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suarez, says that's why people are flocking to his city. he's coming to us, he's on the show shortly. dr. anthony fauci pushing back against media reports that the vaccine rollout is starting from scratch. he's rolling that back. watch this. >> is the biden administration starting from scratch with the vaccine distribution effort? >> no. we certainly are not starting from scratch because there is activity going on in distribution. stuart: yeah, he's right. media watcher brent bozell will take on that story after this. ♪ ♪
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only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪ stuart: facebook is bringing in an oversight board to decide on mr. trump's account us pension. -- suspension. how soon could they make a decision, lauren? >> it could take 90 days. and trump's accounts will be blocked until they make their decision. this is by far the biggest task yet for the oversight board. it's relatively new, and they're tasked with determining did president trump's facebook and instagram accounts followed by 60 million people, should they be restored. so they are the check and balance on big tech and big tech's power to curb political speech. that decision after the riots on january 6th was unprecedented for silicon valley, to ban a world leader. so now they need to come up with an explanation. why did they put that ban in
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place, and should it be continued or removed? president trump is now, of course, a private citizen. i was reading that facebook does expect the board to confirm their decision. but whatever the board rules, that's what facebook has to do. mark zuckerberg can't override the decision. stuart: okay. but i think the censorship of conservatives is popular. look at facebook's stock. it's up 1.4%. 276. i think generally peeking in this political -- speaking in this political climate the censorship of conservatives and primp is popular, and i'm -- president trump is popular. and i'm astonished at that. >> and rivals are getting a lot of attention, yes. stuart: i mean, this story is on the same lines. parler, they're not coming back to amazon web services anytime soon. susan, tell me why. >> well, the judge ruled against parler in its antitrust breach of contract case against amazon.
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not on first amendment rights because parler in its filing said they understood that amazon's a private company, so they don't need to uphold first amendment rights on their platform. in a statement to fox though, parler says they were so grateful to the court that they refused to join what they called a dishonest hi tempt to scapegoat them for the january 6th riot. they have renamed their domain name. as a result, the chairwoman of the house reform committee is looking into ties that leaves parler vulnerable to data requests by russia agencies. stuart: one more, and this is on amazon. this is for you, or susan. what's this about them opening a pop-up covid vaccine clinic? it sounds like an experiment. where are they trying in this. >> downtown the seattle headquarters, and that's just a one-day clinic that'll take
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place this sunday, and they're aiming to vaccinate around 2,000 that are vel able to get the jab. that offer also comes after that amazon letter to president biden offering to help vaccinate and provide any other help his administration might need. also, by the way, asking in that front letter for their front -- in that same letter for their front-line staff to get the vaccine. amazon's offer of help was something that was never extended to the trump administration. amazon says they did hold discussions, but they didn't necessarily have the type of letter sent over. probably not. stuart: got it. susan, thanks very much, indeed. now this, the media's wasting very little time praising president biden. watch this. >> we certainly are not starting from scratch because there is activity going on in the distribution. >> another thing that i don't buy comes how of our reporting, i have two new pieces of reporting. the first one is that people within the administration say
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they're starting from scratch with the vaccine. no, they're not. stuart: i want to bring in brent bozell on this one. get are rid of that on the screen, please. let's bring in brent bozell. what we just saw, brent, was a cnn story about the biden administration having to start from scratch. a very negative story about the trump administration. debunked by chris cuomo on cnn and by dr. fauci. kind of typical of the way the media's coming at president trump, i think. >> well, i think, stuart, we have to look at some realities here. on september 16th the white house released the strategy and the plan that was in place. september 16th. november kayleigh mcenany had to remind the press -- imagine that, had to remind the press -- that the plan was ready. the plan called, had it all set
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up for distribution in every state, in every territory, tribal distribution, even local distribution. it is why general perna announced that within 24 hours of having the vaccine approved, they could begin distribution, and they did. stuart, you know, you're entitled to your opinion, you're not entitled to lie. and cnn flat out lied to his viewers. his viewers need to understand it is not biased, they're not spinning it, they're flat out lying. that just wasn't true. stuart: don't hold back, brent. i just hate to see you holding back like this. [laughter] i really do. however -- of. [laughter] please, producer, can you put that headline up again from the washington post, the one about the embarrassing media coverage of the -- there you go. listen to this, brent, i'm sure you've seen it. the media can be glad to the biden white house's return to
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normalcy, but let's not be lulled. commentary from tv broadcasters all day long was, at times, embarrassingly come plummetly. -- complimentary. brent, i see no sign that the media is embarrassed. >> were they flattered with their coverage of barack obama and bill clinton? no, they're not going to be. stuart, look, if a reporter wants to despise donald trump especially when donald trump spent four years blasting them, they have every right to. but they don't have any that in. by the same toning, a reporter has every -- token, a reporter has every right to love joe biden, but they have no right to take it to the pages or the airwaves. we've talked for four years that they slantedded the news when it came to trump. and mark my words, you and i for the next four years are going to
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talk time and again about a major news story that the media whitewashed because it was negative against joe biden. mark my words. stuart: i agree with you. and, by the way, we've got a poll that shows only 46% of the people are, agree with or respect traditional media. brent, i think that number's going to go down. >> only 10% of republicans. stuart: yeah, that's -- i saw that. i saw that. brent bozell, i've got to get more from youthanks for joinings morning, come back soon. okay, got this for you too, soccer star carli lloyd, she's facing backlash. get this, it's because she stood for our national anthem. the cancel culture coming for her. we'll tell you all about it in a moment. first though, elon musk has a solution for miami's traffic jams. build a tunnel under the city. the mayor of miami is with us. he calls this a no-brainer.
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stuart: we brought you this story befor, rv rental companies doing very well during the pandemic. and, by the way, rentals are continuing to go through the roof, showing no sign of slowing down at all. grady trimble has gone back to joliet, illinois, what's the latest on the rv market, grady? >> reporter: rentals and purchases, stuart, have been booming during the pandemic, and that's the case here at rick's rv in joliet. they have been extremely busy not only here in the showroom selling their rvs, but also online where people have been doing virtual tours. i want to go inside this rv because we conveniently have rick here. what you've noticed during the pandemic and you expect this to stay is a change in the demographics. it used to be some of the older folks buying and using rvs. that's shifting downward, right? >> yes, it has. we've noticed a big increase in the younger buyers with young children, children that are school age so that they can get
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away and travel and take school on the road. >> reporter: and mike can show you some of this rv, it is a place that you could spend a lot of time on with people working from home. are they doing that on the road? >> yes, they absolutely are. it's -- we're setting these up with wi-fi boosters and cell signals, and so a lot of people have done this. >> reporter: you know, stuart, i think you could fit a studio in here as well if you ever wanted to take your show on the road. stuart: it's a great idea, isn't it, you know? driving across america, do the show at the same time in a luxury rv. let's give it some thought, grady, okay? just a little thought there. grady trimble, thank you very much, sir. now, it's a dale and night contrast -- day and night contrast between opened florida and shut down new york. the mayor of miami sat down with our own brian kilmeade explaining why his city is booming. roll tape. >> people are flocking. i think the fact that they're
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paying excess taxes in other places, the fact that the cost of living is higher, the fact that the governments don't want them there, societal problems in their city and the fact that they're basically completely restricted and can't open and there's no quality of life, people are flocking to our city. stuart: all right. the mayor of miami, the gentleman right there, that is francis suarez, and he is the mayor, and he's with us now. can you put some numbers on this? you say your city is booming. how much? >> stuart, real estate is flying off the shelves. people are buying real estate left and right. they're coming here in droves. i think a thousand people a day are coming to the state of florida, something crazy like that. and we're just seeing, you know, we have, i think, the most amount of commercial real estate in the last quarter in the history of miami. so when you think about sort of the commercial real estate revolution with amazon and with remote working and commercial real estate in other parts of
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the country suffering, the fact that we have sold the most commercial real estate, that leased the most in the last quarter in our history is an incredible anomaly from what's happening in other parts of the country and the world. stuart: now, let me get this straight, those great hotels there in miami, miami beach nearby, they're completely open? the restaurants are open, the bars are open, the nightclubs are open, no restrictions, you're fully open. is that correct? >> that's correct. everything is open. bars are open, restaurants are open inside and outside, hotels are open. the only thing that we have in terms of a restriction which is not a city restriction, it's a county restriction, not something i'm particularly a fan of or in favor of, is there is a curfew of midnight. and i'm hopeful that as the vaccine rolls out, we're rolling out as quickly as possible, that curfew, the county major will increase it over time. that's the only thing that we have. other than that, everything is completely open. obviously, you have to wear your mask when you're indoors, and
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you have to be, you know, socially distanced. but other than that, we are completely open. stuart: have you had a spike in cases? >> you know, it's interesting, you know, the spike, real spike that we had was in the summer, and we had about 2300 covid patients countywide. right now we have half that many covid patients in our hospitals. our percent or positive is below 10. at the worst moment it was actually above 20. so it's a very manageable amount that we have right now, and we're hopeful that, like i said, as the vaccine rollout continues, those numbers will plummet to a point where we'll be able to, you know, release the curfew and be even more open. stuart: let's show you this. let's show our viewers the tweet from elon musk. quote with: spoke with ron desantis, governor of florida, about tunnels last week. if governor and mayor want this done, we will do it. all right, your honor, are
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tunnels coming to miami? >> we are definitely open to discussing it. obviously, elon is the richest person in the world, arguably. he's also someone who has innovate variety of other companies. so the fact that the governor is aligned with my vision whi couny mayor who's from another political party because she chimed in on that tweet means that all the ingredients are in place to have a comprehensive conversation on this issue. we think that, number one, it could help solve the transportation issue, but also have a beneficial environmental impact which, obviously, is important for us. and i think the other thing is we don't know exactly what he has in mind. he could look at miami as a prototype city and give us a great deal. that's the beauty of the private sector, they can do things like that, be innovative and creative on how they structure things. so it could be very important for us to scale across the
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country and across the world. stuart: congratulations, your honor. you've got ad good thing going right there. hope to see you again soon. thank you, sir. now this, the super bowl just a few weeks away. the nfl has announced how many fans will actually be allowed to attend. what's the number, lauren? >> 14,500 fans in the stands at raymond james stadium in tampa plus 7500 vaccinated health care workers who will be guests of the nfl as a thank you the for their service during covid-19. so the stadium holds 66,000, but 22,000 people will be there masked up, socially distanced, sitting in pods to cheer on the big game. we don't know who's in it yet, we might know this weekend, but the big game is february 7th. stuart: doesn't matter. that will be the largest crowd at any sporting event in the last 10 or 11 months, i think. >> i miss people. can't wait to see them together.
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half after. stuart: i do too. i miss the conversations without a mask. soccer star carli lloyd facing backlash because she stood for our national anthem. you've got to take me through the full story, ashley. >> yeah. she stood, or decided to stand for the national anthem prior to a game against columbia on monday night. it should be noted as you can see from that picture along with three of her teammates. but when asked about it by a reporter after the game, lloyd said that the team, quote, had each other's back. but that led to a backlash on social media with critics saying that the explanation she gave meant, quote, absolutely nothing and wasn't good enough. another called it a total embarrassment adding that every single one of them should have been on their knee. the republican, this person said, really jumped out. so there you go. that's the backlash. and there were many more critical comments made about
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carli lloyd and just for the fact that she stood for the national ab them. you know -- anthem. god forbid, free expression if, free speech and all that goes out the window. stuart: oh, dear. all right. i'll move on, ash. i feel like moving on. coming up, tomi lahren is on the show. she says pride -- president biden's plan to give 11 million illegal immigrants legal status is really all about amnesty. she's on the show next. ♪ ♪ i have an idea for a trade. oh yeah, you going to place it?
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in a market like this, you're going to see some big movers, and susan has the list. >> kind of typical of a friday, right? especially after hitting record levels. a little bit of froth coming out of the market. by the way, next week is going to be heavy i have when it comes to big tech giants. we'll likely get some strong cloud numbers, xbox series, higher users and microsoft teams goldman issuing coverage on the stock calling it a buy worth $285. salesforce also called a buy as well, worth almost 50% from these levels. they say it's worth $315 apiece. isn'ting that incredible? facebook reporting results next week and, yes, advertising revenue likely recovering after covid. oppenheimer says it's worth at least $345, so you could make $70 from here. and finally, nio, rated a buy worth $80, xkung has announced a
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third generation in-car navigation system. and, stu, have you checked? these stocks have been up about a thousand percent over the past year. stuart: yeah. it's just extraordinary stuff. i mean, that's the electric car market. they think it's going to take off especially in china. >> yes. stuart: what a bet. all right, susan. check out this tweet coming to us from tomi lahren of fox nation. she asks what do you think they're going to come for first, the second amendment or border security? tommy lair is with us.. tomi lahren is with us. so which is it? are they going to take your guns first or give amnesty to illegals? what comes first? >> well, we're already seeing it, day one we saw it from the executive orders. i think it's safe they're coming for border security first, america first like i've been saying all week long. unfortunately, america first died with biden's inauguration, and the amnesty push is coming, open borders, the cattle call to
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the world. our borders are opening, come here, get health care, maybe get a stimulus check. this is what i would expect from the biden administration, but so many thought he was going to be a moderate. it's funny, stuart, he didn't talk about his amnesty push when he was campaigning, he just talked about how bad president trump was. not even a day in office and what do we get. stuart: well, look, you call it amnesty, but there is a great deal of sympathy in this country for the plight of the dreamers. brought here through no fault of their own, stranded in their legal status. wouldn't you do anything for them? i mean, you'd just keep 'em out and stay out? i mean, is that what you'd do? >> you know, president trump actually worked and he said he would compromise with the dreamers, and he said that was more than likely going to be on the table. the democrats wouldn't negotiate. what so many of us hard-line immigration hawks really believe in is border security. if you have border security first and we have a border security system that works, that'sfective which the wall was
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being built and it was effective under president trump's leadership, then we can start talking about the 31 concern 11 to probably closer to 20 million illegals in this country. i understand that, i'm realistic. however, when you start the saying you're not going to deport criminal aliens, you start saying, oh, maybe we should decriminalize border crossings which is something that kamala harris talked about when she was running for president, and when you start saying, hey, we are going to have. sop kind of a pathway to citizenship, you're telling the world, hey, come on in and take advantage of the usa. stuart: what do you think's going to happen when those caravans arrive at the border? >> i think that they're going to be ushered in, i think that the red carpet is going to be rolled out. but, you know, this is what i tell folks, i think everybody sympathizes with people who want to come to this country. if i didn't live here, i'd want to come here too. however, we need to understand that the democrats, i don't believe, are really interested this bringing immigrants over for the good of the country. they want to bring them in, they
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want to give them a pathway to citizenship, they want to give them amnesty and then that's just the yellow brick road to giving them vote rights. what would the democrats love more than having 11 million dedicated voters to add to their voting blocs? wait for it, it's coming, stuart. mark my words. stuart: what do you think the democrats would do if incoming migrants, illegals, would say they were going to vote republican? what do you think the democrats would do? they'd build a wall. >> well -- [laughter] you know, we saw great gains for president trump in places like florida with immigrants and with, you know, the hispanic community. so i think that they are inherently republican, but those democrats are making sure that those that are coming over know that they're beholden to them. hey, if they want that amnesty, that health care, then if they are allowed to vote, they've got to vote for a d. that's what i'm seeing on the horizon, and that's very bad for the conservative movement and the republican party. the democrats, unfortunately again, are paying chess and,
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unfortunately, we are still playing checkers. wake up, conservatives, see the writing on the wall. stuart: yeah. and we have to pay. tomi lahren, fox nation lady, thanks for joining usment hope to see you again real soon. thank you. stay there, everybody. look at that. on your screens now, friday feedback coming up next. ♪
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♪ if you wanna wi... ♪ [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ stuart: all right, let's go. it's friday, so it's friday feedback. come on in, please, susan, lauren, ashley. let's get started. the first one comes to us from leon with. he writes this: i have to say, i'm getting tired of any coverage including fox and fbn giving breath to the new administration. i watch fox business for financial and economic aspects, yet this morning 90% coverage of is of the new administration that, frankly, i am well clearly disturbed if not concerned and disgusted about. well, leon, i gotta tell you this, we concentrate our coverage in financial and political terms on the incoming administration. not on the outgoing trump
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administration. they're the new guys on the block. of course we're going to have a look at what they're proposing. and what they are proposing will have a big impact on you, and so far we've been very critical of what the biden administration continues to do, and we will continue to cover it. there you have it. next one comes to us from harry. i like this one. do any of your cohosts produce and post videos on youtube or other sites? i don't know about videos, but, lauren, i think you've got a podcast. what have you got? [laughter] >> i do. it's on fox news, but it airs every saturday. it's called we're momming today. oh, there it is. [laughter] it's fun, actually. we talk about anything motherhood or parenthood related. from serious stuff like this week, how much screen time is too too much, and then how to take the tablets away from the kids. it's fun. stuart: actually, i'm interested
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in that one. all right. >> wait, wait, wait, ashley, ashley -- [laughter] >> it looks great. stuart: all right. some would say this is a very serious question. it comes to us, listen to this, ease up with liverpool. give some love to the clarets. now, i think joel comes from a town called bernly in england, and the clarets is the nickname for the soccer team. ashley are, respond. >> well, because they beat liverpool yesterday at liverpool. liverpool had gone 69 games without defeat. a shock result and even worse, bernly gets 3 points, goes above my team, brighton, in the standings. but congrats to bernly fans out there. i don't know how many there are, maybe four -- [laughter] but congrats to them on beating liverpool. stuart: john is number five, i suspect.
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all right, ash. the next one from bill in california. a lot of you send us tv recommendations. here are his recommendations. first up, netflix, the last kingdom. screen adaptation of the saxson tales, 13 fantastic novels about england. i've not seen that particular series. but, susan, what are you watching on netflix? >> i'm trying to avoid bridgerton, which i think you've watched the first few episodes of. what do you think? is it a bit of a chick flick for you? stuart: i don't like it. i didn't like it. i dropped it halfway through the first episode. didn't like it at all. sorry. anything else? >> that i'm watching? >> the crown, obviously. i try to hold off on bridgerton, so we'll see. stuart: all right. i wish we had more time, but we do have time for one more friday feedback element after this. ♪ only in america ♪♪
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come on to my show for a few seconds and tell the man, what are you doing? >> i have a ratings quicker by the second. what it enables me to do follow all the people who are quickly turning at the end off. [laughter] that is what that's about if you really want to know. i thought it was a secret but apparently it's not. in all seriousness, a prompter like you, mine is one they can't see so i have all these notes all over the place, i lose my place and refer to it but the ratings is true. that's something you need to know, all right. [laughter] stuart: i think it's time you take your show and run with it. neil: for those of you still with me, welcome. it noon on the east coast on the united states of ameri
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