including 35 bathrooms on six levels there are 412 doors, 147 windows, and 28 fireplaces. 132 rooms in all. >> we need more fireplaces. stuart: well, look, ladies thanks very much indeed for being here for the whole week great stuff, susan, lauren we'll see you next week. times up for me, but you know whose next? yes, sir, it's neil. it's yours. neil: and 980 clocks and one guy whose only job is always setting them making sure they're to the second. do you know that? stuart: is that true? neil: yes. stuart: did you just google that neil: no, no, i just remember that. stuart: some kind of white house clock buff? just say it. neil: i have a lot of trivia. you are with geography, i'm with white house trivia, so i know all of the secret entrances, but that's a whole other show, a whole other time have a great weekend. stuart: see you. neil: exactly that's how we're starting folks secret rooms in

the white house and all those clocks. welcome, very good to have you at the corner of wall and broad a sell-off going on in the dow, but take a look at the nasdaq though, you know, there's one stock in the technology realm that i've often called the rodney dangerfield technology stocks, intuit the big financial software maker put up numbers late last night that would probably make apple blush. we're getting into that in just a second here. the big story as you know right now is that spending package has gone ahead and passed in the house, by the narrowest of margins there was one democrat who did not vote for it, not a single republican voted for it we're going to get into what happens next on capitol hill as it makes its move to the senate, where things are far dicey but in the meantime, to the white house, right now. the president is having his annual physical done, first formal physical as president of the united states, so we've already heard exactly from the white house how the president feels about the passage of all of this. he's very very pleased,

optimistic that it will also get the green light in the senate as i said, that is far from a guarantee. edward lawrence now with more from the white house. reporter: neil, yeah, white house press secretary jen psaki any minute will hold her news conference, no doubt we're going to hear about that build back better package that passed the president very excited about that. we'll also get an update on the president's health here, the president's doctor will not be in the news conference at the white house maybe at some point we'll get an update directly from his doctor so the president this morning just before 9:00 a.m. went into walter reed medical center at 9:00 a.m. eastern time. the white house confirming the president went under anesthesia or is going to go under anesthesia to have airy tone colonoscopy, and the president will transfer power to the vice president and this is legal under the 25th amendment, section 3, a temporary transfer of power until the procedure is done. so the white house says the vice president is working from her office here in the west wing.

this is the same transfer of power, by the way, that happened when president george w. bush had the same procedure, in 2002 and 2007. so the president taking this action, as he is unable to discharge the power of his duties of his office. that's the legal term there, in order to do this , the president sent a letter to the president pro tem of the senate as well as the house speaker nancy pelosi this morning, so, the physical was first, and then the colonoscopy, so white house press secretary jen psaki tweet ing this this morning that the president called the house speaker about the passage of the build back better bill, as a very big day for the president's agenda as you know, that passed in the narrow margin as you said one democrat voting against it, but all of the republicans voting against it, the president did have time before the colonos copy, to call the house speaker and congratulate her about that. neil? neil: did you really have to say colonoscopy that many times,

edward? >> [laughter] neil: just throwing it out there , thank you my friend very much, edward lawrence at the white house, capitol hill and chad pergram. well one down and now a big one and maybe a much more difficult one to go. where are we on this , chad? reporter: well this is the first part of president biden's domestic agenda, democrats contend the bill is paid for even the congressional budget office says otherwise, and so do republicans. >> let's just not present what the republicans say as any fact that you're predicating a question on. understand what's happening around here, okay? reporter: only one democrat voted no on the bill this morning, jarod golden of maine, pelosi said passing the bill through the house was the hardest part but muscling this bill through a split senate remains a challenge. >> they haven't had a deal they would have announced it, and i don't think they have an agreement among themselves and i don't think they're anywhere close to it. reporter: democrat joe manchin

is skeptical of unpaid leave and liberals want to add immigration language to the bill. passage of the bill in the house was a fate of complete. house minority leader kevin mccarthy delayed passage by 12 hours and he broke pelosi's record for the longest floor speech in house history, but one democrat thinks mccarthy's record deserves an asterisk. >> leader mccarthy couldn't stop talking, but didn't have much to say. i think that's really what he wanted to do was speak on end and hear to the voice and say he spoke longer than pelosi. reporter: progressives like ocasio-cortez may not like changes the senate makes to the bill. neil? neil: all right, chad, thank you very much. chad pergram on capitol hill. let's go to kayleigh mcgee-white of the washington examiner. you know, kayleigh, it's one thing to get past the democratic house, another matter to get past essentially even senate

, but as things start right now regardless, americans when polled on the subject, don't seem that into this and if it was supposed to help the president's poll numbers well we learned from the bipartisan infrastructure package that it did not, so i'm wondering if there's a sentiment here that with this , maybe that'll do it. what do you think? >> well, it's interesting because americans in swing states are especially skeptical of the build back better agenda, which is really important when you consider that two of the most important votes, joe manchin and kyrsten sinema are in two of those states where voters are very opposed to this bill or very unsure if they want it at all. so that's going to really influence manchin and sinema's decisions. we already know they are very skeptical of the bill. management said last week he doesn't want to add to the inflation problems that are hitting his constituents hard right now. sinema feels much the same way so it's going to be really tough to justify this bill to those two senators when their

constituents are feeling the way they are. neil: do you know what's weird about it, kayleigh, think about it, there were at least a half dozen moderate democrats who were apparently worried about the cbo scoring on this that it's going to add to the deficit about $367 billion over 10 years , yet not a wimper, nothing out of them. i'm just curious what to make of that, because as we tee it up in the senate, you know, we might hear a great deal of manchin and sinema protesting this but when push comes to shove particularly the case of manchin he ends up voting right along with the democrats when all is said and done. >> it could be that moderate house democrats are assuming that manchin and sinema are going to kill the bill for them so it didn't matter much whether they did vote for it but the fact remains that you're right. those representatives are going to have to go back to their districts and explain why they voted for a package that is very unpopular at home, so really, this is bad politics on nancy pelosi's part, to put her

vulnerable democrats in a position where they could face a real unpopular decision back home and it's going to make it harder for them in 2022. neil: you know when people are polled on the subject of this big spending package, they tend to like it, especially if they don't have to pay for it. so in the aggregate i'm talking about the national poll numbers, there is support for this sort of thing, but given that gap between what the administration said this would cost and what the cbo says in reality what it will cost, has it sunk in or could it sink in that wait a minute, this might have to go down the food chain here, that more people might have to pay up for this. >> americans can read behind the lines, between the lines. they understand that when democrats say this bill isn't going to cost you anything, that's just not true. everyone knows that that's not true, especially when you're dealing with record level inflation numbers, food is more expensive, gas is more expensive and now you're talking about

adding another 1.85 trillion, probably more if the cbo report is accurate, to the economy, and what is that going to do? people know what that's going to do to their wallet so i think that's where it's going to be really hard to square this to the american public. neil: but do you think the american public makes that connection? it's a great line of thought the more the government spends, the more it ignites prices. of course we did have, you know, a lot of government spending throughout the 60s with the vietnam war but it wasn't nearly as worrisome as people would say in the 70s that had , so do they make that connection? >> i think to a certain extent they did back a couple years ago when the first round of stimulus packages went out and then the second round of stimulus packages went out, and everyone loves the idea of getting free money. everyone loves the idea of getting a $1,200 check in the mail, everyone supported that and then, when people began to see what it was doing to the economy, and that it was contributing to this rise in

inflation we're now dealing with today, people are able to put that together and say i don't know if we should be spending money that we don't have, because there are consequences to pay later, so i think that the public is, you know, oftentimes a lot more intune to these things than we can give them credit for , because economic issues are the main issues that do drive voters even today, and it's important for them to see the bills that they're getting back and to realize, well, just getting a free check isn't going to help those things neil: yeah, depends on whether you're footing the bill. all right we'll watch it very closely, kayleigh great seeing you, kayleigh mcghee white. i have my buddy charles payne, the host of "making money" best selling author. charles it's a hurdle getting to the senate you've been discussing it as well. i'm curious though, let's say it does pass the senate. i know what the markets are doing today, we have kind of a split read depending if you look at the nasdaq and the dow but if

it passes the senate is the market assumption that it's not? so if it does pass, they be more worried about it? how do you see? charles: i think the market likes free money, you know, more so i agree with kayleigh. i think the public is against this , they're waking up and the hard way, i mean, you saw a cnn poll that said a plurality of folks said both of these bills the infrastructure and this bill would harm their family, i mean harm their family and it was an nbc poll that echoed the same thing but the markets, ultimately, listen, neil i tell people this debate about trickle down economics there's no such thing. it's trickle up. people get money then they spend it. if you want a prime example of that look at all those ships parked outside the port of los angeles. look at all those ships parked outside the port of long beach. they got free money and went on the internet and started pushing buttons and next thing you notice ships showed up. the money trickled up, all the time, and then it trickles down to the bottom line of corporations, and that helps

send the stock market higher so the stock market for now loves it and there are of course people on wall street that know this thing is unsustainable that it hurts our ability to grow our economy in the future we can enjoy it now but the hangover will be tough but initially the stock market will like it. it'll be like ambrosia. we saw retail sales report, for example. sent the markets it was a lackluster morning, not sure what we'll do all of a sudden this retail sales number comes in out of this world and the market rockets higher. neil: we've been following what consumers are doing and shopping like crazy you could argue they are trying to beat continuing rise in prices but whatever is going on, for all the major retailers, even those that might have disappointed on the revenue side or whatever but from tjx walmart, home depot to loew's, they are all saying the same thing, demand is off the charts, and i'm wondering if that will set the market to the remainder of this year. charles: i think it does. i think it already has to a degree. you know, people, right now, i

read one estimate there's $1.1 trillion left in households from the government, from all these, from the three major fiscal plans, and then, of course the additional plans with the child credits going up. that's a lot of money to widdle down. also, let's face it, even with these high prices, a lot of people haven't had a thanksgiving in a couple years. we didn't have a christmas for a couple years or a hanukkah for a couple years. we spent new years eve last year at home. there's a sense like i'll grin and bear it and pay what it costs because i want to see my family and do things normally so you got that and the money to do it with, so this is like i won't say a last hurrah, but certainly enough to get a strong rally into the close over the finish line. the wildcard here probably be covid for the rest of the year. these cases around the world, new restrictions, minnesota is up a lot, because, you know, same thing happened with the delta variant. we initially, yeah, maybe we didn't want to believe it would blow up into something bigger and the restrictions that come

with it, the economic restrictions so for me, that's the main wildcard for the remainder of the year. neil: you know it's catching, something on your show where you were talking about when we have such heavy advances we have in all the major markets, unless something goes bad in the next six weeks that oftentimes they are followed up contrary to popular belief by advances the year after that but if we had three or four years of this , do you ever, i know you're a bull on what you've seen, but do you ever get worried that it gets long in the tooth or what would signal you all right this is getting frothy? charles: the one thing about this one is that a lot of stocks have actually gotten cheaper and when i say that, it's important to bring this up because a lot of people stop me and say charlie i want to load up on a $ 1 stock and you say why? because it's cheap. the stock price does not have anything to do with the value. so the main metric they use on wall street is price to earnings ratio. that has actually come down, because these earnings have been so amazing, even though the

price has gone like this , the earnings have gone like that that makes the stock cheaper. we're actually going to enter 2022 with a cheaper stock market than we entered with even though we're going to be up big time so that's one of the main reasons you want to be bullish. we'll see how much money is left on corporate balance sheets, household balance sheets, but if we can curb taxes, if the house flips we're setup to have really a roaring 20s, neil, we are setup to have a very similar scenario to the 1920s. neil: do you ever worry about inflation, you and i talked about this before, maybe being a little older than a lot of the people we work with here that i always think, charles, that inflation is in the eye of the beholder. so when you see interest rates this low and they go up, let's say double mortgage to 4 or 5% there are a lot of young people in this room who say oh, my gosh , now i can remember i don't know if i told you once or twice that the first house my wife and i got it was 13.5%

mortgage and we thought we were geniuses so that is our perspective, but there's a whole generation for whom going to 3% or 4% on a mortgage be the kiss of death so are we prepared for that? charles: we're not prepared for that, and to underscore that point, in march, when the 10 year yield went to 1.74, all hell broke loose. sell your growth stocks, load up on value, you know? buy as much canned food as you can, you know? [laughter] like the end of the world is here, so -- neil: i think my wife and i were paying that per day. charles: you pull up a 30 year chart and it's like straight down, right? neil: exactly. charles: little tiny thing you had to break out a magnifying glass to really see it on a long term chart, and it wasn't just young folks, the market went crazy. wall street went crazy. i would say 80% of my guests were like get out of all your growth stocks, get value stock, like buy canned foods, the world is over if we go through 2% on

that 10 year bond it's all she wrote. neil: real quickly, i always love having you here, young people come up to you and say i've missed this whole party, charles. i want in. i'm going to go in today. are they buying at the top? charles: um, i don't think they're buying at the top, because if it's the top it's a short-term top. we talked about going back 30 years, look at 100 years you could barely even see the worse pullbacks, drawdowns. if i'm young i'm loading up on the stock market and when it gets hit i'm loading up even more and i always urge these younger folks buy what you know, what's shaping your world because you're changing the world. this world is changing, and they're a big part of it and they need to own it as well. neil: but it's your perspective, your timing, longer term, because they were young. longer term to me is like breakfast tomorrow. right? charles: [laughter] you know, it's interesting, yesterday one of the biggest names trending was #daytrading # stocks so young people are doing it and ironically not looking for the buy and hold thing, they do want the action

so they aren't looking for hey, i want to buy something and put it away and then see what happens in 30 years. my mom and dad did that, and it didn't work out because they bought ge at 52, right? neil: [laughter] charles: they are looking for the hot action right now. neil: yeah. charles: which is good and bad. neil: that can be good and bad. but they have charles payne to guide them he really cares about this stuff folks he's very very passionate about it, i don't know why but he is. charles: how many clocks are in the house? neil: you have your areas, i have my areas, the clock thing, i'm the guy. charles: i believe i'm going to win jeopardy one day on that, i know. how many clocks are in the white house. neil: thank you, my friend, he'll be coming up in less than two hours from now. we've learned that the president now is back i anesthesia from his colonoscopy, we mentioned that 70 times on the show but he's back in charge he had transferred power for what he was out to the vice president of the united states. she's now scooping down the

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neil: you know, this one came out of the blue when no one was really expecting it the president of the united states indicating that he was considering a diplomatic boycott of the 2022 winner olympics scheduled for beijing. we have been following the fall out from all of that. as far as i know, the president in his virtual summit never raised this issue. do we know anything more about it? reporter: he did not raise the issue and he is still thinking about it, no official decision yet, but we do have mounting pressure here on the hill to make a decision, so the president said yesterday, during this bilateral meeting that he had with the french prime minister that is something we are considering, a diplomatic boycott, neil, is different than just an out right ban, that would ban government employees, not athletes or coaches from attending the beijing olympics but it would send a strong message to china over its

various human rights abuses so this does have bipartisan support. house speaker nancy pelosi called for this diplomatic boycott back in may and a bipartisan group of senators led by senator romney want to add an amendment to the annual defense spending bill to impose a ban. republicans want to go a bit further with this. minority leader kevin mccarthy this week said he would support moving the olympics to a different location, highly unlikely, while senator tom cotton came out yesterday calling for a full blown boycott , citing the possibility of china surveiling athletes and harvesting their dna. >> they have no plans to protect our athletes and their coaches and their staff from the very real and very concrete dangers that i outlined last june. i regret that its come to this but the responsibility for a boycott rests on the failures of the biden administration. reporter: but again, as you mentioned, neil, this was not brought up in that virtual

summit with president xi this week, the press secretary jen psaki says the fact that they are even thinking about this doesn't say anything about how those talks went, but we could see a decision soon with everyone talks about it on the hill. there's a lot more than just the build back better plan happening here. neil: they are talking only a couple months away as hard as that is to believe. reporter: less than 80 days. neil: robert delaney the south china morning post washington bureau chief. robert, do the chinese think that this is a possibility we would have let's say even the minimum diplomatic boycott wouldn't affect our athletes but no one else shows up. >> well it's certainly becoming more of a consideration, the chinese government is certainly aware of how this issue is becoming more and more prominent in washington among as you're pointing out

among democrats and republicans. we're hearing these calls not only from house speaker nancy pelosi but also as you pointed out senator tom cotton. everyone is pretty much piling on on this issue, so it'll be, it becomes increasingly difficult and of course, the chinese government is very tuned into the political discourse here in the u.s. , and certainly, on this issue, they be , because the olympics are very symbolic event for the chinese government. they would see it as a bit of an afront and embarrassment if the u.s. government official the failed to show up. neil: could you imagine if they upped it not just a diplomatic boycott but sending our athletes a kin to what jimmy carter did after the soviet invasion of afghanistan in 1980 and then the soviet union responded by boycotting the 84 olympics we had in los angeles. this could get out of hand.

>> it could, and right now, i think because the biden administration had been really up until yesterday, had been very quiet on the issue, so which suggests that they were really resisting even the diplomatic boycott, but that's become more of a possibility. a full blown boycott it's not clear yet where that's going to go. neil: if it was something they were considering, robert, and you know these channels far better than i, i'm just wondering, why didn't it even remotely come up in that 2.5 hour summit call? >> the summit call was really meant to sort of lower the temperature between the two sides, and there's so many issues, there's outstanding trade issues which have a lot of implications, like for example, the inflation we're seeing, the tariff war is to a certain extent adding to inflation.

there are china's advances in military technology like for example, with the hypersonic missile that really kind of rattled the pentagon, and of course the taiwan issue. these issues are so top of mind and with such high stakes i think the two sides really just their objectives on both sides were to start a dialogue about all of these things and it appears that they just didn't see the olympics as being an issue that's as important for our day-to-day sort of our day-to-day lives. neil: got it robert delaney great seeing you again if we don't chat have a wonderful thanksgiving, robert delaney of the south china morning post, the washington bureau chief. by the way as expected, austria confirmed it's entering a nationwide lockdown because of a dramatic spike in cases that plans to mandate covid-19 vaccinations next year, and

austria is one of the more extreme examples and certainly that extreme response, germany too has had a spike in cases though implementing nothing like this. we'll keep you posted. (vo) singing, or speaking. reason, or fun. daring, or thoughtful. sensitive, or strong. progress isn't either or progress is everything. as an independent financial advisor, i stand by these promises: i promise to be a careful steward

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neil: all right, it is friday, and still, no word on who the president is going to name to run the federal reserve for the next four years. we were told the beginning or the suspicious was by the end of this week this is friday so that be the end of this week now it could happen after the closing bell, i have no idea but i know charlie gasparino is well-connected, might have some ideas. who do you think, my friend? charlie: i have no idea. wall street has no idea. all they are doing is reading tea leaves and yes that's popping around on the street that it could be after the bell. neil: how is this normally done? i know enough about the history. do they do it during the market day? charlie: i'm trying to think went obama, did he reappoint ber

nanke, correct? neil: yes. charlie: how did it come out? they were so worried back then about spooking the markets because it was right after the financial crisis that they, it was very orderly. this is a little different. we're not in a financial crisis, so you can allow the parlor game to go on. neil: later on how did yellen come in? charlie: it was a big bout between yellen and somers and then all of a sudden it became pretty clear yellen was going to get it. it leaked out i remember reporting about it here. the parlor game on wall street and it's tea leaves, it's at powell by a nose and they say that here's why they are saying that. you don't hear much out of elizabeth warren right now. like she's not saying, you know, she hates powell. neil: she hates hem. charlie: he's a foreign banker, he's light on the regulation of wall street and banks. she's not saying anything, so -- neil: the number of republicans would support him, right? charlie: yes. neil: you just need a simple

majority. charlie: but that's one thing and the thing is the biden administration, they believe, went to her and said listen, manchin, believe, manchin is so powerful he's picking the next fed chief too. he likes powell better than brainard, because he's worried about inflation. neil: she's a dark horse. charlie: more progressive so the parlor game is they cut a deal because of manchin, they know that it's going to be a harder lift to get brainard through but maybe there's vice chair or the progressives get another appointment. neil: but let's say i know what elizabeth warren has been saying about powell, but is there any doubt that powell would have any trouble being, you know, if he was the choice? charlie: he would get all the republicans and clearly get manchin because manchin is, listen i'm not saying powell is good on inflation. actually i think he's been a horrible fed chair for a lot of

reasons. neil: what did the wall street journal say about both of them? charlie: i would not call her dumb. she is a little progressive and very smart. neil: but on interest rate policies, they are actually -- charlie: she's probably net-net more doveish than him if you can imagine that but that's where we are, powell by a nose let's see if it's tonight. i still think it's horrible both of them. do you know why? the fed is not, listen, it's never totally independent, right but it's like an arm of the white house. if powell gets reappointed, it's literally he takes his talking points from jen psaki and he reads them. it's like -- neil: now that's a little extreme. charlie: no it's not. neil: let me bring mitch roschelle into this , a macro trends advisors, so he won't be so, you know, cutting with his remarks here, but let me ask you this. charlie: sure. neil: if it's brainard, and not

powell, how would the markets react? charlie: first of all markets don't like things that they can't predict, and i do agree with charlie that i think it is powell by a nose, so brainard be a shock so there could be an immediate reaction to the negative if she's more doveish and a bigger money printer and slow down the dot plot, you know , the way of raising rates, the market is addicted to all of this easy money, so long term, i think easily medium term it's good. the problem is inflation and if we continue to print money which is clearly inflationary, then you're going to start to see interest rates go up having nothing to do with what the fed is doing because the market is pricing inflation. charlie: joe manchin is worried about inflation. it's all he talks about lately, and one of the reasons why he's putting up a fight on the size of the build back better, build back worse bill, is that he's worried about inflation. i can't imagine he's indefinite on brainard. >> no he's not and listen joe

manchin is from west virginia. that's the part of the country that cares about inflation. maybe they don't -- charlie: dollar stores are now -- >> $2 stores. i said the dollar meal is now the $3 meal, but you gotta bring mcdonald's into it. neil: absolutely. >> but the fact of the matter is inflation is the issue and it's a kitchen table issue and the mid-terms are right down the road and i think somebody that could drive more inflation is going to be a problem. neil: don't you think no matter who gets the job though that they are going to be forced to either speed up, you know, a lot of the tapering or move the date forward on raising rates. charlie: i think whoever gets -- neil: no one wants to be behind this curve and they are seriously on this curve. charlie: there's a lot of headwinds on this , build back better, if it dies, which it should, i pray, everyday it does , you know, then it gives the fed a lot more room, because if build back better goes --

neil: why is that because then you don't have the -- charlie: it's going to be inflationary nodated about that but if it dies. neil: the markets would welcome it dying? charlie: i think long term yes. neil: but they have gotten addicted to all of this money. charlie: but although build back better is the reason for more money printing, but if you just look at it, i mean, the cbo score and you talked about earlier, it's just preposterous that there are three years worth of expenses but 10 years worth of revenue. i'm an accountant but that doesn't work. charlie: i'm a market guy, aren't you really concerned that we have a fed that has given up all pretenses of independence? powell pipes the administration's line on everything from stimulus to transitory inflation, brainard if she gets in there will owe her job to elizabeth warren and the progressives that are dominating fiscal policy in the white house. it is a scary scary situation that the fed is now jump on board this crazy train.

it's really a clown show, and either of them are just going to be, listen if powell gets reappointed it's by the grace of god be more progressive than he really wants to do so he caved massively. if she gets it, well then she owes more. >> but i think the thing to remember is that the treasury secretary was in that job before neil: yes. >> if you look at the executive branch -- >> she wants powell. >> i think she does want powell charlie: the crazy, i almost said it, i didn't say it, the crazy rumor of the day, is that he does, and i'm getting this on trading this , obviously i don't subscribe to this but it's funny, that the he just does a 180 and says screw both of you guys i want yellen back in there. neil: could you imagine? well we'll watch closely. we're monitoring jen psaki's press conference right now. she is talking up the build back better, sometimes we like to challenge folks by saying build back better. it's constant. it's constant.

but if we could just dip into this if she's still talking about it? let's see. >> the cdc will make the final clinical recommendation, we expect this afternoon, this is a very encouraging step to further protect americans, especially as we enter the winter months. if you're one of the approximately 100 million -- neil: all right i lied, she had been talking about build back better she's now seemingly referring to the fda clearing of moderna and pfizer's vaccines, booster shots for everybody, not just the vulnerable population, everybody gets a booster shot, that's the big push right now we'll keep you posted on that and also keeping you posted on the president, he is out of anesthesia right now so he has once again reclaimed the presidential reigns here, that he has given to kamala harris for a while, so he's back in charge. we'll have more, after this. dad, we got this. we got this.

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neil: you know, i knew this thing was coming, and i forgot about it and i was up for it. i couldn't see it and i got outside this partial lunar eclipse i think about 80% of the moon was eventually covered, but this is so unique we haven't seen anything quite like it in about what, 580 years something like that so i guess you'll have to wait another 580 years to see it again but it was stunning , beautiful, but again, you missed the sort of astronomical boat on that one but there's so many things that come up. these once-in-a-lifetime events, and venus and all this other stuff. there will be other, you know, intergalactic moments you can record but the one that bothers me is i knew this was coming and i forgot. that's what age will do to you. in the meantime, here's what happens when you get a little older too you start really getting frantic about the weather and as soon as i heard that much of the country could be experiencing pretty nasty weather next week, some as early as monday, they are talking about snow, and rain, and sleet and that is just in florida. no, just joking, but it's going

to be bad. so if you buy these early forecasts, just sort of be prepared for some long commutes whether you're flying or driving or whatever but maybe it doesn't pan out. in the meantime here, talking about the approaching holidays getting beyond thanksgiving, and the push for any christmas tree to get your hands-on forget about the real thing even artificial ones extremely hard to come by especially throughout much of the crowded northeast, lydia hu is following all these developments in cranford , new jersey. reporter: hey, neil we are expecting to see fewer artificial christmas trees available at the stores this year, and when you consider the increased cost of shipping them over from china, we can expect to see higher price tags too, but let's focus in on the inventory for just a moment. the christmas tree association says that retailers have about 25% fewer artificial trees right now than they do typically for

this time of year ahead of thanksgiving, but earlier this week, we also heard from big retailers like walmart and home depot, target even, they said they had plenty of inventory, now their general inventory to get them through the holiday season, so i asked the ceo of the national tree company, which is where we are, to square that for us. how do the big retailers have enough inventory but the manufactures of the artificial trees say they don't quite have enough? watch. >> we're competing with them but they have done a really good job of bringing inventory across i think some of the smaller companies who make the trees just weren't able to stay in business. they couldn't afford to increase their container costs since they are unable to bring those products across. reporter: and now the prices will be higher this year, for artificial trees, the national tree company, for example, they had to hike their prices by 25% because their costs just exploded by 30%, they

say, still, the message is that there should be enough artificial trees for everyone who wants to buy a new one this holiday season but they do suggest get out there and do it this weekend, because as we move beyond the thanksgiving holiday, selections will be slim. neil? back to you. neil: thank you very very much, for all of that, lydia hu following these developments in new jersey, by the way covid-19 boosters as we told you already have been cleared for moderna and pfizer, for anyone 18 years or older, again, all adults are open to have this , the only issue is whose going to take them up on it? we're told, potentially millions , stay with us. (judith) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? don't you just ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. (other money manager) but you still sell investments that generate high commissions, right? (judith) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest.

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(swords clashing) -had enough? -no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. neil: booster shots for the house, moderna and pfizer is getting clearance by the fda, so open to anyone 18 years or older, gerri wills has been following all of this. gerri: that's absolutely right, neil, moderna and pfizer is cleared by the fda for all adults 18 and over who have completed those primary vaccinations. now, moderna ceo in a press statement saying this , this eu a, emergency use authorization, comes at a critical time as we enter the winter months and face

increasing covid-19 case count ies and hospitalizations across the country, we thank the fda for their review and confidence in the robust clinical evidence that a 50 microgram booster dose of mrna 1273 induces a strong immune response against covid. now as we take a look at the caseloads and deaths they've been falling but medical experts are warning these winter months may bring even more cases as people are forced to stay inside their homes and their offices and you saw the news today, neil, that austria is re instituting lockdowns and they're also saying we're going to mandate vaccines don't want to go there, caseloads and deaths here in the u.s. as they of course are falling as i said. now pfizer is recommending its booster dose be administered at least six months following completion of primary vaccinations, pfizer ceo albert borlo said in a statement with boosters more adults will now have the opportunity to help preserve a high level of protection against the disease.

so, bottom line, what's going on here is people are there, and maybe every year, but about a spike in case, and it could happen here too. neil: it does seem like a wack-a -mole thing and it pops up , and all of this seems alien to us, in the united states for the time being, but then i think what's going on in germany and china and russia, and is it low vaccination rate, people just aren't into it as much, what? gerri: people who have posed the booster you should use those vaccines instead to make sure everybody around the planet is vaccinated. that's more important that's what they believe, because ultimately, those people are the ones that start the ball rolling all over again, so that's been the debate there, but i have to tell you i'm one of those people, as soon as i could, i went and got the boost

er because i just don't want to play around. neil: you're quite right, gerri continued good health you're a raising, following all of that by the way we're talking about this , and eu regulators are greenlighting member states to authorize merck's aunts i-viral pill, pfizer will also have a pill that supposedly is much more effective than merck, but again, an alternative means by which you can get a vaccine or booster shot via pill, a lot of people don't like needles so this might be a sign for them, here is an alternative. stay with us, you're watching fox business. i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward.

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you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner. neil: you know it's bad whenwer. looking at blowing down from the heavens. by 220, 213 vote only one democrat. it was on to the united states the senate and this despite the fact that the congressional budget office scored this about

$367 billion. hillary vaughn has been following all of this in the next moves. >> he was asked if the president was fully paid for she told reporters that still true they stand by that statement is being pulled up by house republicans today. according to the c.b.o. score. >> many said you're knocking to be no because you wanted to hold them accountable that it can cost money he's going to tell his children's children.

>> it says the package will add $367 billion, that doesn't include extra revenue from ramped up irs, the c.b.o. says the irs will get about $200 billion in extra cash they still come up $160 billion short according to the c.b.o. i asked speaker pelosi about that today. >> how do you respond to republicans today that say democrats like the american public when they said this plan cost $0 when the c.b.o. says it adds $160 billion to the debt. >> let's not present what the republicans say that your predicate in a question on. let's understand what's happening. >> is not just republicans that are worried about the price tag, moderate house democrats were waiting for that before they can vote and some voted for it today

that it will get slimmed out in the senate, whether the democratic congressman, stephanie murphy saying i continue to have reservations about the overall size of the legislation and concerns about certain policy provisions that are extraneous or unwise, i believe there are too many badly needed investments not to advance in the legislative process. i will work with my senate colleagues to improve this bill. the senate is likely going to make a lot of changes to some of the stuff that is inside the package. like a thanksgiving turkey, the stuffing has to come out before you put it on the table and serve it to everyone else or put it on the president's desk. neil: or send it back to the original kitchen and see if those chefs like what you changed on them. thank you very much. i want to go to madison, this is the backdrop of prices rocketing. here is all the added spending. madison is in new york with more on that side.

>> hello. >> i've been speaking to people here in new york all day and we also have new numbers from a fox poll that shows us what americans are worried about today. academy is at the top of the list. americans are worried about the money that they spend on the bare necessities just to get through the day. the big three problems for the families are increased cost of groceries, housing and gas. when it comes to gas prices, 72% of americans say that is causing hardship for the family. it's easy to see why the average price for a gallon of gas is at $3.41, that is up from $2.12 this time last year. when americans are not feeling pain at the pump, their spending more on groceries and with three quarters of americans saying their food bill is creating hardships as they try to battle their budget and inflation. all of this adding up to week

economic picture for americans today. they feel they have no options. you have to eat and you have to get places and the folks i've spoken to are worried it will only get worse. >> you have no choice you take out your card and you swipe and you pay but at the end of the day it's really not fair. my car almost doubled to philip to get places that i have to go to make money and pay for these prices. >> too much asking of us with no return for very little return. >> take a look over my shoulder gas when you pay for a credit card for regular is almost $4. we are seeing that across the board. neil: thank you very much. larry kudlow joined us right now and i have to tip my hat to larry long before this got to be

the problem it is. he was on top of it and warning all of the spending would make this inflationary push all the worse. here we are with more that could be coming down the pipe that assumes the senate agrees on something to keep the ball moving. first of all do you think that is the case to pass one way or another. >> i am not sure if you asked me a couple months ago i would say those limit down but they'll pass it. i'm not sure one reason i'm not sure the inflation story has gotten worse and were now running upwards, the cpi the last six months added annual rate, the fed is pouring money and then all this additional spending. manchin has argued for a pause until inflation comes down. the pause on the spending. the other day janet yellen said inflation is not coming down until the second half of next year. i think manchin will use that, i encourage them to use that.

we should have a complete spending pause until the second half of next year and see if inflation is coming down. we don't know if it will i think the american public will back that because as all the polls show and you reporters show accurately, inflation is the number one issue. >> if you're right on that and it doesn't happen in the senate and even if he does vote for something whatever changes in the senate the have to go back to the house, progressives are not too keen but the inflation argument comes as we wait to hear whether the president is going to make a decision on who heads the federal reserve. if it is it president of the chairman, then what? >> that's a good question. they don't consult me in the biden oval office. i wish they would, they know how to reach me.

neil: they do watch your show. >> perhaps. i think the other candidate is lael brainard, i don't know if that's the way it's going to work. my thought the keep jay powell and move lael brainard until nice chair she has to be confirmed as vice chair i think. then three or four openings i think those will be filled by far left progressive woke climate change people that don't care one who about inflation. that is how this will play out. neil: if it is jerome powell, i'm curious i'm feeling liberated by another four-year term trying to get on top of this. we have 12 straight months running double what the fed targets inflation. you could argue he's behind the curve and is gotta move fast, when you think.

>> the fed is running an emergency policy when the economic emergency is long past. i think that has been the case since last winter to be perfectly honest. they should've stopped quantitative easing completely. markets would've digested that. the argument i don't buy any of that stuff and then look to normalize her interest-rate policies. will jay do it? , i know him, he is a friend and a smart fella. we had lunch all the time. he will try to bring the f1c which is 12 voting members. the board is seven, you five on the reserve banks. he will try to bring them with him to move a lot faster that is being discussed now. we're virtually and inflation blowoff. the numbers coming in, fourth quarter ended december. you could have 8% economic

growth in seven or 8% inflation. that's what it's stacking up to be. those are 1970s type numbers. neil: do you think will get back to 1970s type inflation. >> here's the risk i think were in a classic building freemen excess money, too much money chasing too few goods. there is a pandemic inflation with the supply shortages and so forth. i think that is giving way to an old-fashioned monetary inflation which is the toughest kind to stop because you have to put the brakes on and you run the risk of a recession. jay powell try to be judicious. i know him well. the question is can he bring his board with them. i don't know he will have pretty far out people being appointed to the federal reserve board. this stuff here, i want to mention the budget stuff coming

down. manchin will do everything that he can to stop this and i think there will be a lot of talk that we don't need anything. having said that, there's so much damage, not just the numbers. depending on your irs estimates, nobody knows that. i was a deputy budget secretary under reagan four decades ago and recently i know all about these games and gimmicks. here's the point, we are creating lots of new entitlements and transfer payments and they are not being given in exchange for work they are just being given. there being handed out the work requirements are nowhere to be seen. for the culture, the family and the parenting. it's very bad for the economy. we need as many workers as we can get some were not going to increase gdp without people working. that's my biggest single

concern. a tax component here that will do great damage to supply-side economic growth incentives on the spending side is the transfer payments. everybody knows if there pastel run ten years not just one or two years. neil: to take away a program like that. >> the investments and so forth are probably right on target for ten years. it's a 5 trillion type a bill. it's a program that troubled me. they're hard to get rid of them and they do not require work effort. it was bill clinton, newt gingrich 25 years ago that reformed our welfare system and they did a brilliant job. that is being broken here. i think the consequences will be very great the tax hikes will damage to supply-side but the lack of welfare, is damaging the

fabric of our life. it's damaging the american idea it's okay to have a safety net. i'm okay for the safety net. we help people but they have to help themselves they had to look for jobs and get a job. not unlimited transfer payments. democrats used to believe that. neil: i'm going to take a leap on this legislation. "kudlow" at 4:00 p.m. i'm gonna take you the jury has reached a verdict, let's go. >> the count of the information richard mcginnis we the jury find the defendant kyle h rittenhouse not guilty. as to the third count of the information of an unknown male, we the jury find the defendant kyle h rittenhouse not guilty. as for the fourth count anthony uber, we find the defendant kyle h rittenhouse not guilty. and for the fifth count of

information, we find the defendant kyle h rittenhouse not guilty. >> members of the jury the unanimous verdicts. is there anyone that does not agree with the vertex as read? >> your job is done and we started about three weeks ago. i told you it could last two weeks and two days. this is three weeks. you were a wonderful jury to work with, you are punctual, intensive in the forgotten six over here who had to have a very difficult job of keeping from discussing the case. i couldn't have asked for a better jury to work with and it

has truly been my pleasure. without commenting on your verdict, the vertex themselves just in terms of attentiveness and cooperation that you gave to us, justifies the confidence that the founders of our country placed in you. i dismiss you at this time, you are never under any obligation to discuss any aspect of this case with anyone. you are welcome to do so as little or as much as you want. the media have requested a number of sources have requested the ability to talk to you and they have been allowed to present the presentations in writing and it's entirely up to you whether you want to contact them. they are not up to contact you.

if anyone does contact you. tell them you are not interested in discussing if that is the case. and if anyone persist in doing so. report that to us and it will be addressed. i assure you. at the beginning of the trial, there was some concern about information and your safety and i assure you we will take every measure to ensure that your concerns are addressed and respected. i am going to talk to you for just a minute, not anything to do with the case but just about that sole issue. you're welcome to discuss the case as little or as much as you want. any questions anybody? thank you so much.

after four years you're eligible for serving. be my pleasure to work with you. >> they can go to the library it won't be more than a minute, or maybe it will be. take them upstairs. that's fine.

[silence] neil: there you have it kyle rittenhouse will not be guilty on all charges. first-degree reckless homicide, first-degree injury and safety, not guilty, first-degree and dangerous safety of the case of an injured victim, not guilty. first-degree recklessly endangering the safety of others, not guilty. first-degree intentional homicide, self-defense privilege, not guilty. two misdemeanor charges were also dropped. let's go back to the judge. [silence]

neil: you never know if the judge going to say something else. the judge received praise and criticism depending on your point of view of how he handled this. but certainly going after the prosecution here. some motion that was filed that should've been filed not in a public venue. be that as it may for kyle rittenhouse. no charges of not guilty across-the-board. we already understand ahead of this decision which the governor was expecting in wisconsin, he had said that he approved the deployment of 500 national guard troops just in case particularly in kenosha, wisconsin were all of this is going down. let's get the latest from grady

trimble. >> just about ten minutes ago kyle rittenhouse face the possibility of 12 and a half years to life in prison on the five counts and now you just saw he walked out of the courtroom a free man, not guilty on all of those accounts. the shooting and killing of two of the writers last year in kenosha and some reckless endangerment charges as well. not guilty on all charges the question whether rittenhouse was 17 at the time was acting in self-defense. that is the case that the defendant tried to make in the prosecution tried to tear apart. clearly the jury of seven women and five men bought the defensive side and found it not guilty on all these charges presumably believing he was defending himself on the street in kenosha last august.

a possibility of life in prison goes away right now. we don't know what the jury was thinking or discussing for the 26 hours that were in the deliberation room, we know the judge spoke with him and he told them you have no obligation to speak with the media although there have been request in all of us would like to know what went on behind closed doors while they were deliberating. clearly the result you see on your screen, not guilty. neil: thank you very much, grady trimble following all of that. congress acquitted on all five charges in kenosha, wisconsin. the protest shootings which to men were killed and another injured. the jury accepted the argument as part of the defense that this was self-defense. guy lewis joins us on the phone the former u.s. attorney.

>> pretty stunning in terms of across-the-board suite by the defense. there is no question that this jury has taken a seriously. they spent four long days deliberating and they asked for evidence and they looked at the jury instructions clearly. they have looked at the evidence and frankly the message is twofold one the jury system, thank goodness it worked in the united states and secondly i walk away from this thing saying what the heck happened in the prosecution. how do you bring first-degree homicide murder charges and then you present such a discombobulated case of contradictory evidence, frankly

i'm not surprised that the verdict. i'm sort of surprised it took this long but it does tell me the jury took the job very, very seriously. neil: were looking outside of the courthouse in kenosha, wisconsin. we told people earlier this week that tony evers have deployed 500 national guard troops just in case there would be any violent reaction to this. either way at the time when he made that guard commitment it doesn't look like that's the case. obviously wait for the legal teams too, and discuss all of this. that was something that a lot of people thought the jury would weigh their decision and what influence it might have two trigger any riots or things like that so far it does not appear to be happening, your thoughts on that and how much those outside factors influence

juries. >> these outside factors absolutely influence jurors. how can it not. there brought in and out of the courthouse and frankly there was a very good argument that they should've sequestered. in other words they should've been put in a motel room and under guard. we know another network apparently had been following them home. good lord, who in their right mind would want to serve on a jury like this when you know, not the defendants life, your life as a juror is good to be turned upside down. people will be following you home and they know who your family is, where you work, what your businesses. and no matter what your decision is. you're gonna get criticized

three ways to sunday. these kind of cases, i've been involved in a lot of them, they are hard cases. there certainly hard on the defendant in their heart on the jury in the heart of the judge who in my view acted admirably. he did a terrific job under very difficult circumstances. i applaud our jury system and my only question on this thing and how a case like this frankly gets indicted with these kind of charges. i'm not saying you don't go forward with something but these kind of charges, somebody didn't do their homework before the charges were filed. neil: even when the investigation was launched, the prosecutors did not wait for the results of the investigation after the 2020 protest follow. that may be set the stage for this and how unprepared they

were. >> that's a great observation. frankly you don't want, you don't expect, you certainly don't want the jury to react based on what might happen as a result of the verdict. but the flipside of the coin you don't want the prosecutor or the agents to do this. you cannot make your prosecuting decision based on whether or nos an attorney in south florida. we make our decisions no matter fear or favor grade whether i fear and they disagreed with my decision. we knew that there was going to be reaction that were so public.

but around the country, you can as a prosecutor, from a good reporter, you can't make decisions based on put your finger on the scale and saying i'm a partisan and that is what poisoning the jury system and shame on the prosecutor for doing in this case. neil: thank you very much. we get a return on the business network with other developments in the markets and other things people are waiting for having nothing to do with one of the most closely scrutinize trials since you think about oj simpson but just to recap kyle rittenhouse, not guilty on all accounts on the first count first-degree reckless homicide in the killing of joseph rosenbaum, not guilty.

second count first-degree reckless and dangerous of the shooting of a man the judge finding rittenhouse not guilty. the third count, first-degree reckless endangerment for the shooting of an unknown man, not guilty. the fourth the most serious count first-degree intentional homicide for killing anthony huber. the jury finding not guilty. on the fifth count, the first-degree attempted intentional homicide for shooting and wounding gaige grosskreutz, not guilty. not guilty on all accounts. it's over. we will have more after this. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals.

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i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time.

gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. neil: the dow jones down 207 points quite the opposite nasdaq, tech stocks led by surprising names like intuit the financial software maker the racing along.

apple, amazon adding up to that. it's a split verdict. a lot has to do with the fact in the case of the dow and concerned about inflation. they are building especially after the house passed the big spending measure that could agitate the inflation down the road. the energy group president point is now. the view that prices go still higher when measures what was approved in the house might keep pushing that along, what do you think? >> i think there is no question crude oil prices longer term later in the decade are going higher. a lot higher grade were in the foothills of crudes next multi-year boom cycle. we will pull back in the 70s next year but no question long term. part of the reason for the long-term bold move the multiyear bullish cycle. a part of it after seven years

of ravaging the investment in shale due to poor return and price volatility you see above ground risk, policies are looking to restrict supply and investment in oil and gas. you will have a combination of a supply-side that has been beat up or seven years and getting no love from investors or government probably from policy both in congress and also by the administration. that will collide into a thirsty world. consumers want to consume, gasoline demand barreling back. we thought we saw the peak in oil demand before covid some people think it's going to peak in 2025 or 2030 but we don't see it in the four foreseeable future. you get the mismatch with the european electricity. you'll see it in a bigger way in a longer way later this decade. prices are going to have to go

higher. neil: a lot of people don't understand. you hear this from the biden administration. we did shut down keystone taking office but that was a fraction of a fraction of the energy supply. i would like to remind people energy is traded in the open commodity market. it's traders making beds as they do and so many different things. you could extend this based on the sentiment that build on the perception at that time and since that time that this would not be a friendly environment for fossil fuels. sure enough that is how it spanned out. which begs the question how much does this affect ongoing fears that supply in this country could be limited as we put added to and cup of supply from other countries. in other words how bad could this get? >> you to get a lot worse than it is now. we're just finding ourselves short term, the biden

administration is grasping for quick crude oil. the brutal reality the way the oil market works. if you wanted a lot of oil quickly the only place you can go a saudi arabia and opec plus you can't turn on shale really fast. now they're scrambling and that's bad enough and now is going to resort to an fpr and some other things of the chinese to get prices down by signaling that the helps with an 8% correction since october. the bigger issue is longer-term that's were things that keystone and signals about investment whether in the production or the midstream of transportation. this is where it matters. folks aren't too concerned. they're not concerned that were under investing. they are not concerned that the negative political signals. everybody seems to believe that demand will peak later this

decade and we will have fast gdp growth for everyone will be getting super efficient cars or ev. not being able to grow supply, no problem if you don't have the demand. that is where the mismatch is coming in. demand is going to be much stronger. there has been no improvement in the united states since 2014 from new model year cars. the iea has noted around the world consumers have been flocking to suvs and so forth. were up for a mismatch this winter and what were seeing now look like in order. neil: i like that classy way that relates to how this is hitting us. thank you very much. by the way whatever is going on with the dow is just the opposite for technology. i always call it financial software technology name but is been putting up numbers that blew past the company's bullish guidance forecast recently as a couple of months ago.

that stuck jumping ahead all time high. all the big technology names are racing along. why is that and when it comes to apple why is the excitement over a self driving car that has no steering wheel and no way to control. why is that scene is a very big plus for apple. more after this.

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[ kimberly ] i feel so much better. i feel energized to go outside and play with my daughter. i can ate anything. like, i don't have to worry. clearchoice changed my life. neil: electric vehicle pushes real but if the lease on life as apple is having plans as self driving car. without the steering wheel and pedals. my first reaction is i don't know if i'm too keen on that myself. the obviously investors, by the way this continues today sprinting apple shares to

all-time highs. susan li digesting all of this with macro trends advisors, founding partner. it is interesting. apple considering what seems to be a far field from the original but it's been teased a long time. when they confirmed it and talking about getting the cell by 2025 was a game changer. >> i want to caveat this, no gas pedal. i don't think that's going to happen. neil: i would be leery of that. department of transportation can you imagine the government saying put in a car on the road with no steering will or gas pedal, we see tim cook. my point is the project titan the scar project has been around for seven years. i don't think it's anything new they have been talking about the acceleration i told you when apple and tim cook and executives look at these

evaluation for the review and lucid and tesla we saw one worth a trillion dollars, they think we're as good as hardware we can do this too. it's probably finding the right partner in manufacturing partner that is the hiccup. neil: how do you look apple with this news? >> i thought about this and i was talking to jerry about it. this reminds me of apple tv. when apple started talking about the television, we all thought about a television. no it's content it's a little box that allows you to stream. is it possible that they have other ideas for how to put their products in cars that will revolutionize cars as they become more electric. neil: you don't think it's manufacturing cars? >> apple doesn't buy other people stuff. they figure out who's making it the right way and then they reengineer it.

>> apple doesn't make big acquisitions. the largest one was pete's headset for $300. that was to get apple music up and running. you read the notes from morgan stanley, katie huberty fantastic apple analyst, she said they have a great record but the good of innovating ideas on the market. you heard adam jonas, the auto analyst at morgan stanley saying when they get into the electric car game, it's the ultimate market news that you can have. neil: it is interesting. as if they need to be deemed to get street credit. what does this do to the whole segment. >> i think ev's are here to stay. the first infrastructure bill with the build back better putting 500,200 stations across america. i think ev's will be here for a while. do they become democratized

where everybody can afford in ev. if you look at tesla are not for everybody. i think the business is here to stay and there is a pivot and apple is trying to get into the ev space. >> they have the technology to do that, it's innovation when it comes to the chip technology they have been trying to innovate this for a few years now and i think again apple is very good hardware as you know and they have been discussing with multiple manufacturing partners, is a hyundai, flex, that is the hurdle they need to get through. >> i think the battery side is them. if they can put a battery in the thing that i stick in my year last for three days without me recharging it. they know something about battery technology or how this works without recharging it. neil: they can improve a lot on that. >> a renewable cycle miraculously the battery doesn't work as well.

neil: very quickly what's going on with technology stocks today. almost all of them but the financial software player. you mentioned something interesting about them. >> i agree with you because i don't think people appreciate but i was saying during the break, my landscape i don't want to sound like a snob but my landscape, everyone that sends the yield. what is amazing you can pay once you have the account set up you can pay all of the bills and it makes record-keeping and billing which is the hardest thing for small business. it is the ultimate small business platform and you talk about square which is jack dorsey. intuit has been doing it a lot longer and is probably more ubiquitous than square. neil: you talk about bigger companies using that technology and what it offers. but they make it seamless and it saves a lot of money but they

have been doing this behind-the-scenes the other big guys microsoft, apple. they get all the attention but it is interesting that technology even in the face of inflation and interest rates that could go a lot higher is absorbing the body blows quite nicely. >> in the case of apple is a catch up you think it's an apple car news that we've been hearing about for seven years. i think apple has underperformed and you see google go up by 70, 80%. neil: you look at nvidia and all the other stuff. >> why don't accounts ever do their own taxes. >> are smart enough to know that there's always somebody smarter than us. neil: i would like to see mitch doing all of that himself. >> i would pull out a pencil in and atticus, it would be ugly.

neil: a lot more coming up the dow down 300 points, technology in a different story oil so i did a little bit pre-there is a cost purpose because whatever the improvement we've been making a covid anything but a broad they will have lockdowns instituted in austria, germany is dealing with the new wave of record cases. russia dealing with the spiking cases and deaths. at the highest it's ever been sent to pandemic some might interpret that that maybe the pandemic coming out party is limited. maybe it's not as robust as people thought. oil prices are sliding and people are getting very confused. for all that is seems technology. stay with us. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪

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neil: 53 minutes after the hour the dow done 267-point if you have not heard kyle rittenhouse not guilty on all charges facing him and in kenosha, wisconsin. they are walking on eggshells right now. they hope nothing happens but were waiting to hear from the governor who is pre-deployed or put in motion a getting 500 national guard troops in the area just in case, it does not appear to be much trouble for the time being also waiting on

the statement were comment from the white house. you'll find edward lawrence right now with more. >> the president has been watching in the administration said they have been watching it. the president currently at walter reed medical center for his physical. he did way and after the shooting happened. he called white entered kyle rittenhouse awaits her premise. but throughout the trial the medical center waiting to see if the president will be leaving shortly. right after this case the president saying kyle written hundred rittenhouse was a white supremacist. that was proven not to be true. waiting for an official statement from the president from the white house briefing podium the white house press secretary says they have been in touch with law enforcement on the ground. listen to this. >> we've been in close touch with officials on the ground through law enforcement channels to ensure were supporting any efforts toward peaceful protests. that's what we will encourage as anyone looks to have their voice

heard regardless of the outcome. >> the message if there is a protest keep it peaceful going forward. kyle rittenhouse not guilty on all charges. we hope to see what the statement says. neil: onto the president as we pointed out earlier the house passed the bill back better program. on a much more serious fight on the senate. obviously there can up the ante to try to get kyrsten sinema and joe manchin on their side. any indication of what their strategy is? >> at this point the president has been engaged. he's had a number of conversations with kyrsten sinema over the phone and send it to joe manchin in person. we expect that to continue to happen as the president will work the phones in order to get this through the senate. this is the second part of his agenda that he says is critical going forward. you talk to many folks the sagittal push inflation forward.

the white house believing it won't. it'll lower the cost of living. but senator joe manchin very concerned about the amount of spending that would come to this package and the inflation going forward and we expect more phone calls but nothing on the books but possibly more meetings. the senate will be occupied to have a december 3 deadline about the government shutdown and the debt ceiling. that will be occupying but going forward the president will be engaged as he has in the past. neil: edward lawrence at the white house, the data on 268 points, the nasdaq going the other way.

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neil: the dow done 251-point were not seen inflationary there but the worries are enough to rattle the dow 30. let's go to charles payne. >> that in the covid cases. have a great weekend. good afternoon i am charles payne this is making money. another day of conflicting signals as the market coming off of a remarkable session with the bloodbath on nasdaq stocks even as they soared to new record highs moreover the s&p had a 3 o advances. it's a valuable lesson with the media since the market is up most of the names could be getting trounced