tv Cavuto Coast to Coast FOX Business October 4, 2022 12:00pm-1:00pm EDT
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ashley? >> i haven't a clue. so i'm going for number three, william henry harrison. stuart: i'm going for george washington, i'm sure i'm right. i'm right. white house wasn't finished until he left office. spent his time as president in new york and philadelphia. my time is almost up but i will tell you, neil, it is yours. look what i'm giving you, a lot of green. neil: i still have time to screw this up, stuart. i fell for you that one guest talking on and on. you have to do the italian thing. you're done, capiche? stuart: i have to learn that. neil: thank you very much. we have a rally, capiche, corner of wall and broad. heady advances that mirror the day before. editor in all things stocks. this two-gain we've not seen since april of 2020. we'll see if it holds. it is built on weaker-than-expected economic
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news. jolts report shows job openings much more than expected, lowest since june of 2020. it wasn't awful, awful. i know that is kind of hard to digest here. we also saw the july data revised a little lower here. this kind of follows a trend that we saw yesterday. remember with the ism manufacturing report came in weaker-than-expected but it did sort of like you know the three bears and just right argument. we've got some weakness but not over the top weakness and, that's eases a little bit of pressure we have seen certainly building in the bond market. in other words last week at this time we were flirting with 4% on a 10-year note. got a little mortgage of that. take a look where the 10-year is around 3.6% as rates continue to decline. of course a lot of mortgage and other rates attached to that. the dollar is weakening a little bit here. so some of the things that we're beginning to pressure investors a little less so right now. we're keeping an eye on it.
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very quickly i want to thank my friend and colleague cheryl casone filling in. a lot thought if kneel comes back no way this buying momentum can continue. so far one minute 45 seconds into the show it is continuing there you go. let's go to kenny polcari what he makes this. kenny, you don't want to get ahead of yourself or say two days is reaffirming trend but what do you make of it? >> right. listen, it is exciting. i think we were in a very oversold position. i also think september was the end of the third quarter. so there was a lot going on in terms of portfolio managers throwing stuff out, trying to get ready for a new quarter which started yesterday. so the end of september you saw that happen. trading in uk, investment banks, inflation certainly added to it but set it up self for a right
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rally. i do think it's a bear market rally. i don't think the end is over. i don't think it is over yet. we have headwinds in front of us with earnings, whether or not we'll be disappointed more than we already adjusted. i think midterm elections could cause short-term cave i don't see. so i do think there is another opportunity to test lower before we get into a year-end rally i think takes us back to about s&p 4,000. neil: you can argue we had been beaten down too far, too fast, too much. >> right. neil: another argument that says that the beaten-down levels we were still a rich market. where are you on that, kenny and where this market stands now, still overvalued, undervalued, how do you see it? >> well so i think we're still slightly overvalued at the moment, which is why i think we have to go through the earnings season to see not only the third quarter but projections are for the fourth quarter to get a better sense of valuation, right? there is downside. i think the lows, lows at 36,
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june lows of 3600 would hold in fact they didn't. we created a new low at 3558 was the low last week, last friday. so i'm kind of using that now as the gauge, if we test lower again that ask probably where it goes after we get through earnings season. then i think we're okay. i don't necessarily think we shoot right back up to the 4800 on the s&p. i think we'll churn for a while as we move into the new year, we start to get more clarity what the fed will do into the new year but what other central banks around the world will do into the new year. neil: i don't expect environment where the fed is dramatically changing its posture. november, hike of 3/4 point, if they do so. bank lending rate well over 4% by year-end. that is the where folks like ray dalio says you get another big hit in stokes. what about that? >> i do think that is right.
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i think the smart money says 75 basis points. between yesterday, today the rally, what reserve bank of australia didn't go as much, it created the fed must pivot. the fed doesn't have to pivot at all. they made quite clear they will not pivot at least in september. they did it in september, said he would go 75 in november. he made it very clear. the conversation has been very hawkish from all the fed heads. i don't see necessarily how they can pivot now. i think they will do it and maybe in december, whether 50 or 25, that might be when they start to pivot, i don't think it is happening in november or happening in december. i think they stick with the pldd new year starting to have a conversation about the pace which you're doing it and then what those increments might be. neil: so bottom line, no herculean change in the reality of the moment, right? >> i don't think there is any
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herculean change. inflation rate, pci on friday was even higher than the expectation. so that's not a positive. yesterday, you know, very interesting, the ismpmi came in weaker than the s&p manufacturing came in a little bit stronger. so there is a little bit of disconnect between the two pmi figures. one is weaker, other says stronger. meanwhile the services sector, ism services is well into contracting territory. neil: absolutely. >> subpoena services are in expansionary territory. those are confusing metrics. i think nothing has really changed. neil: got it. thank you very, ken my. referring to the personal consumption expenditures. which is good read how much folks are buying. it is stubbornly high. core pce leaves out food and energy prices is running 6% annual clip. not as if we made the inflationary pressures disappear. it is the eye of the bee
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healedder. data indicate as slow down. whether we see it in the inflationary data i don't think yet. we could see worsening inflation developments as we look at core price index, personal consumption expenditure index, that is worrisome trend for them regardless, one of favorite numbers the fed follows. they follow a lot of numbers pre fact they could pick up considerable steam from depressed levels because opec and opec plus countries are very close to agreeing to a supply cut and motivations for that remain, get this, in their own financial interests. jacqui heinrich at the white house with more. reporter: neil, with strategic reserve sales set to come to an end this month, signal from opec they will be cutting production, this may be the beginning 6 an upward trend in gas prices. today's average for a gallon of
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regular is $3.80 up from a week ago. still down from the highest average we hit in june, 5.01 a gallon. in states where democrats are in tight midterm races arizona, georgia, nevada, pennsylvania, wisconsin, these numbers are not working in the democrat party's favor. giving fodder to republicans saying biden's trip to saudi arabia to encourage opec plus to up production wasted a lot more political capital than it was worth. >> so much for joe biden being able to transact with the saudis and in trying to use the influence of his bully pulpit with the world marketplace. but what we ought to do is bringing the prices down by producing a lot mower here in the united states of america. remember when we did that once, larry? it worked quite well. reporter: the country's strategic reserves are sitting at a 40-year low after biden started selling them to bring down gas prices. fema officials were left without
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answers whether the country has enough now to last us through hurricane season. the energy department said last week there are not any plans to replenish the reserves until the end of fiscal year 2023. all this, neil, biden may not have more tools to bring pricewaterhousecoopers down. treasury secretary janet yellen did not try to finesse a response what it could mean for inflation if opec slashes production by a million barrels a day. >> i would think would lead to some concerns about soaring gas prices and also the impact on inflation. how worried are you about that? >> no comment. reporter: for the last week the president has been suggesting that perhaps oil and gas companies might be to blame are got upward tick in gas prices saying that if they were to increase prices after hurricanes after those companies to do investigations into price gouging. never mind the fact that we've had officials admitting there
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have not been any instances of that to date despite the ftc and states doing a number of investigations. the white house though when asked them about this last week said that the president was not in any way trying to deflect. neil. neil: then why raise the issue at all? reporter: that's what i asked? neil: i know you did and do. your pass still works there which is amazing. thank you very, very much. go to phil flynn on this development. phil has another theory on this. always bears watching, of course always phil bears listening. you think when the president started tapping the strategic petroleum reserve that kind of lit a fire under these opec, opec plus countries. can you explain? >> really easily. back in november, neil, long before the war broke out with ukraine president biden after you know, shutting down production here in the u.s., canceling pipelines called on opec to raise oil production.
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opec saw the market in a different way than the president. we're not going to do that. question see demand relatively staying strong. we don't want to see prices collapse. we don't want oversupply in the market and they said no. president biden didn't take kindly to that. what he did he was going to quote, unquote, send a message to opec. we'll release oil from the strategic reserve so if they don't do our bidding then we're going to, you know, teach them a lesson. well, guess what? opec is now retaliating i think for that move back in november. back then, neil, they were go ahead. make our day, release oil from the reserve. they did. we drained our reserve. now opec has control over the global price and the u.s. can't really do much about it because we've drained our reserve. neil: generally meant for times of war. obviously the administration saw it as to respond to to the uptik
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dramatic energy prices that was war footing but we shot ourselves in the foot, didn't we? >> we really did, amazing thing, neil, when the united states released oil from the strategic reserve when it wasn't an emergency they created a disruption in the global oil price, right? supply and demand didn't matter. there was no response by oil companies to raise production because prices were going up because the biden administration artificially lowered prices. that is the way saudi arabia saw it. and so when this oil came on to the reserve they held their oil back a little bit. they raised their prices and say, okay, sell your reserve. when you're empty you got to come back to us. guess what? now we've got to come back to them and right now they're saying hey, we'll cut back our production, see how you like that. neil: incredible. nice to know themost powerful people on the planet can be so
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small and so tacky. it gives me hope for the world that they can but amazing. thank you, very, very much, phil flynn. mean whale we're followed rebuilding or just trying to get on with things in florida but it is not easy. it is already quite expensive and quite tragic. >> worse than anything i can, i couldn't even imagine this. we're looking at probably years of recovery here. >> some spots look kind of like a bomb went off. >> i can't tell you how many times i have broken down and cried and just, i'm still processing it. i don't think it really has fully been processed through my mind yet. ♪
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♪. neil: forget about the rebuilding after hurricane ian the rescuing goes on particularly arcadia florida, not that far from punta gorda, florida. steve harrigan is there. when is going on there? reporter: there was rumor on facebook there would be a chick-fil-a giveaway here. that generated cars back as far as i can see. people hoping for a hot meal. now the military has unenviable
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task there is no chick-fil-a this afternoon. i'm not the reason. it shows some desperation. a lot of people say they have been eating canned goods for several days. they came here to get some chick-fil-a. you see the situation over here. military, national guard, police all out here. this area, much of the city is simply flooded out. we've seen airboats go down. in some places water is up to eight feet. people whose homes are destroyed setting up tents in other people's yards. there is food, water, meals ready to eat. bottled water they're giving out to people. no chick-fil-a so far yet today. very disappointed people here who have been living on cold food the last several days, neil. neil: i want to go to theresa, the naples, florida, mayor. this is playing out in one region, city, one after another. mayor, how are things looking in naples right now?
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>> amazingly well. after such destruction. we're now, have approximately 680, almost 700 of our properties are severely damaged but that's nothing compared to the loss of life or those that are experiencing here. the lack of electricity in trying to clean up, what damage they have and clean their homes, just total destruction. you have to clean out everything. you have to get rid of your carpet, everything that was touched by water. then you go into the next phase of carpet, of, taking out that drywall, replacing it. we're approximately, you know, $700 million right now? neil: wow. >> in that damage. and then total value could be up to two billion. neil: i'm wondering, mayor, how
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your folks are reacting those who have been able to get back to their homes. that is a dicey proposition. maybe you can tell us. >> they go back because it is their homes. they're tearing out what they can. they're strong. you know, not much help. the community, each resident trying to help the other resident but they're not wasting time. they're not waiting for people to come and help. they're just getting to business. those that are disabled or unable to clean out their homes, we've have the baptist ministry, southern baptist ministries are coming in and helping for those who can't. neil: wondering, mayor, had an evacuation orders been put out ahead of the storm and if they were did many adhere them, what can you tell us? >> well you have the new
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residents to florida. they probably obeyed more than the old-timers who have been through storm after storm and decided to ride it out. evacuation was, you know, we asked people to evacuate, even mandatory, you can't go house to house to make people leave their homes. they wanted to stay. they wanted to be here so they could get back to the recovery. we just had no idea that, that storm surge was going to be fierce and so fast and, of course the surge at eight, nine feet, unfortunately it hit us when it was supposed to hit tampa. i don't think you can prepare for things like this. you know, when you never november, that is what i said to our residents, it may be going to tampa but a storm never, ever, goes by what noaa might
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say. be prepared because it may hit us. neil: it is no way to get it down to the mile as you said. a few miles one way or the other makes all the difference. don't your residents know it. mayor, we're getting word the president will visit florida tomorrow. do you know whether he is coming to naples? >> i don't know, sir. i heard rumors but right now we're focused in on helping our residents. i hope that, if he comes, he will be able to see the devastation and make sure that we get help. not just for us, but certainly to the ones who, up in arcadia and sanibel and fort myers. they're, that is more than devastation up there. neil: yeah, to put it mildly. mayor, thank you very much. teresa heitmann mayor of naples, florida, still a beautiful locale, they have a lot to dig out from under. we will keep you posted on that.
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we'll keep you posted on startling developments from twitter, shares at least halted twice, there is possibility that the deal with elon musk could be back on after this. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay.
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neil: all right, some startling news regarding elon musk and twitter. the stock was jumping in excess of 12% before shares were halted. they're still halted. i guess charlie gasparino who has been following this story better than anyone i know, a deal could be back on? what can you tell us? >> you know, neil, i would just say wait for the press release. at that point i'm going to email you, say when are we having dinner on you at olive garden. i would just say this -- neil: you sure you don't want to go dutch? but i digress, but go ahead. >> we'll go to a better place than olive garden. here is what i've been saying, i have been reporting ought for a
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long time, the whole dance with twitter was a way to get the price down. he still wanted to buy it. i was talking with people very close with musk. they assured me of that, this was all about getting the price down from 54.20 to you know, something more manageable. so you know, what's interesting about this is that on top of that, the court case wasn't going so well. twitter sued him for backing out of the initial bid. the chancery court was probably going to side with twitter, because the whole thing about bots, remember he said that he was shocked by how many bottoms were there? you know, took him, when there was emails talking about bots with jack dorsey and everybody else for, for weeks. so, i would just say that i want to see the press release. i want to see actually how much he agreed to pay here. this is a bloomberg report and the reporters at bloomberg are first rate. they don't usually go with this
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stuff unless they have it nailed but you know, i just want to see the fine print so to speak because this has been such an insane story. let's recap for people. first he joins the board. owe buys a stake in it. then he turns around and he says i'm going to buy it. no due diligence. take it or leave it. twitter hems and haws, told by bankers you never get anything better than 54.20 because this is not a great business to begin with. might being important but not a great business. fed starts raising rates, tesla shares start going down. elon is backing out saying he is surprised by all the bots, all these fake accounts he obviously based on his emails coming out in the court case he knew about. then twitter sued him, sued him to go through with the deal. here we are today. again, i want to see the writing here. you know, he hasn't said anything on his twitter page as of you know five minutes ago. i haven't looked now but i mean,
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i do have a, hang on one second, neil. is it true? musk buying it? going through with it? all right. ask somebody. all right. my source, who is usually good at this doesn't know. this was, incredible scoop for bloomberg because the source i had on the phone, just so you know, neil, someone involved in the financing of musk's bid. it was a player in there. so bloomberg, this thing, this was, this was not an easy story to crack. it must be just a few people, maybe a lawyer or two that bloomberg developed but again you know, my sources have not confirmed this and i'm not, i'm not doubting it because it's bloomberg. neil: right. >> if it has the tallahassee something or another, i would be take a deep breath here but you know, also the stock is trading not at 54.20 if you notice.
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neil: why would he go back to that original price? i mean the, my, technology sector has crashed? >> and my sources were telling me, he was, he was desperately trying to get the deal, the bid down at some point. he still wanted it but he wanted to get it down. we'll see. neil: okay. >> it could be true in the sense that he knows if he went to court he would be frying money of lawyer bills, you know, who knows what else they're going to find in his emails. he said let's do it. he is like that. one thing i will say about him, like he turns on a dime. neil: that's right. has lots of dimes. >> should i make the reservation now? neil: hold on one second, i'm getting a phone call too. >> [laughter] neil: yeah, gasparino is paying, give us the booth with the extra bread and the salad. thank you. i will keep you posted. >> i know you got, i know you
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got pull at the olive garden. neil: absolutely. i think you frequent better restaurants. seriously charles, this is really wild, so keep us posted on this? >> i will. neil: stock was halted. up in excess of 12% on the rumor going down. we might know pretty soon. susan lee following elon musk in another area. his advice to ukrainians now how to end this war. never forget how much elon musk has helped, especially repositioning satellites so they could get internet service and be able to communicate with each other. this last piece of advice, that is sticking in their craw. they are none too pleased. susan li has a lot more. what is going on? reporter: twitter stock is trading and up 15% on the back of that news. i reported on "cavuto live," great show on saturday morning, those who seen the term sheets, said elon musk still wanted twitter but as charlie said at a
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lower price. they're still going ahead at 54.20 which is interesting. in terms of inserting himself on twitter by the way in the ongoing ukraine russia war it was really surprising elon musk launched a series of twitter polls. it all started with musk tweeting out about 24 hours ago, a poll points bringing about peace fighting region. redo on referendums of annexation of eastern parts of ukraine. crimea to be recognized as part of russia, assuring water supplies there, for ukraine to remain neutral he warned this is highly the outcome any ways but save lives with less killing? muck said it is possible a nuclear war could break out that was in the twitter thread. ukraine didn't agree with musk's unsolicited advice. ukrainian president zelenskyy tweeting out his own poll asking which elon musk followers liked more, the one that sides with russia or the one that sides with ukraine. this morning musk knowing hey,
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we gave starlinks to ukraine. lost $80 million plus doing so, while putting spacex and myself serious risk of russian cyberattacks. what have you done besides tweeting? that was in response to former chess champion, kremlin critic, garry kasparov. wonder why musk is starting this now? he has history of smoke and mirrors, distraction, when things are not firing on all cylinders at tesla. maybe is twitter distraction. tesla at one of the worst days of the year, missing production estimates. cathie wood buying $32 million of stock of tesla dip. opec production cuts, that helped a lot of these ev stocks but it is interesting now that you have this twitter deal thrown into the mix. so all the smoke and mirrors is to distract for twitter or to distract from tesla, neil?
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neil: very interesting. both stocks are up. we might point out here. both have been halted certainly what is going on with twitter bears watching, last trading it was up 12.6%. again shares halted for the time-being. if a deal is back, 2 could explain why the dow is sprinted ahead session highs 809 points this could remove a pretty nasty illustrative of metaphor for the technology sector. that might be good news for stocks. hard to tell. general jack keane is looking at the other part of the development concerning elon musk, that would probably be this notion some are looking at this a reflection of his desire to see this end because european support seems to be ebbing then at the same time a number of florida congressman seeing a hurricane in the united states, reminder we spent a lot more money helping the ukrainians, not nearly enough helping american sit essential.
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florida representative greg stuebe among those saying not another penny to ukraine. we should focus helping right now people here at home. general, that is a long and windy introduction to you, i apologize for that but this is something you were worried about the appetite to help ukraine ironically now showing real progress against the russians might be the last thing ukraine needs, what do you make of this? >> yeah, well certainly that the support among the american people to continue to help ukraine is about 66%. so it's pretty solid but there are people in the congress and some of them on, some of them republicans who have always expressed some concern about spending in terms of spending money on this, on ukraine but we have 6 trillion-dollar budget. it is actually larger than that but a few hundred billion. we've invested, i mean invested
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$66 billion in ukraine this year and that is like 1.1%. what are we getting for that investment? we have putin, who we were dismissing for years, and not taking seriously despite georgia in 2008, despite syria, despite crimea, and eastern ukraine in 2014, because he is a declining power. he has got, economy is in the tank, one economy economy, we had tendency not to take him serious yet all the time he has been talking about ukraine is a part of russia and i'm going to make it a part of russia. president xi says the same thing about taiwan, by the way. and also, and this is the important part, that his design to bring back under the umbrella of russia the former soviet republics now in nato and that
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is largely the baltics and particularly poland, lesser degree romania. we dismissed all of that but i believe putin has never given up on that. for $66 billion what we're get something ukraine is doing the fighting, they are literally destroying the russian army on the battlefield, which would set them back for years and deny them the ability to ever accomplish under putin any of his ambitions in terms of taking back some of the soviet republics. by the way if that would happen, that would mean war between nato and russia. the scale of that would be much greater than what it is right now. the risks certainly of nuclear war would be much greater, something we have avoided all through the cold war a conventional war with two
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superpowers holding strategic nuclear weapons. so for this investment, i think it is well worth it. what has happened in florida in terms of natural disasters and suffering of the american people, give them whatever it takes financially to solve that problem. that is our history. neil: they are going to get it. that has never been in doubt. i just don't know if this was an opportunity for those who were opposed to all the aid we're giving ukraine and criticizing the fact that much of europe is not, a point you raised, that is one thing but if we abandon them or cut back at this time that could be game over right there. >> oh, and where does putin stop after he achieves a victory in ukraine is my point? neil: right. >> we are not doing the fighting. and that's critical to what is happening here. yes, are we funding it but it is an investment as far as i'm concerned, an investment in the security of our future. and yes, we'll take care of americans who are in harm's way
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as a result of the storm for sure. that is our history. neil: we always do. general, good man, always enjoy chatting with you, general jack keane, on these developments here. latest developments on celebrity couple, tom brady, gisele bundchen who apparently hired divorce lawyers. we're on top of that after this. ♪ [ marcia ] my dental health was not good. i had periodontal disease, and i just didn't feel well.
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♪. neil: all right. the "new york post" page six is reporting that tom brady and gisele bundchen have hired divorce attorneys right now. the couple have lived separately for the past couple of months. they're now apparently looking at dividing up what is a multi-hundred million dollar empire. let's get the read, significance of this doug eldridge, sports agent extraordinaire. this has been out there a while, as you know, doug, but when you hire divorce lawyers, obviously it takes another step.
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what do you think? >> yes, sir. and you know from the outset we're revolving around page six, to their credit match like "tmz" they had deadly accuracy in recent years. number one i hope it is not true, number two i hope they use the opportunity to reconcile. number three i hope they have middle grand ground for the children they share in common. neil: tom brady leading tampa bay buccaneers, they have a 2-2 record. this is certainly a distraction. >> let me tell you, navigating your way through divorce is like absolute vertigo whiteout. it is be all, end all in distractions. to keep bearings, much less stay on course is a heavenly lift say the least. i said in the past anybody can do it it is tom brady. the 2-2 record is little off because of difficulty of their schedule. if this holds true it will not
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anymore clearer readily navigable in the weeks ahead based on complexity that divorce brings. neil: doug, a lot we don't know and you're quite right to point out there is a lot we can't confirm but we do know a lot of this started with brady unretiring, after he announced he would retire last year at the end of the season. he decided to go back, that knocked gisele for a loop. she didn't plan on it, think it was coming, all dissolved from there. what does that portend now? >> well, you know, removing motives, you know, driving force from it, just looking just at numbers, last year tom brady became the first player to cross the 300 million-dollar threshold in on field career earnings. this year two other players will join him, rogers and stafford but brady has year was the first to do it. that is significant mile marker. when you hold that, goes to your point, neil, hold that to the fact that he signed the largest broadcasting contract in history
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this past off-season to join fox sports when he does retire that is pure bothered to be a 10-year, 375 million-dollar contract. not the largest but he would earn more in a decade than he did 20 years playing, with no hits, no damage, and ostensibly, a fraction of the time away from family. i would be the last person to put my thumb on the scale in terms of the potential cause of this pure bothered split, but when you do the side side by sie what he stands to make, versus what he made thus far, easier money for lack of a better dedescription. neil: as you remind me, sometimes hiring the lawyer doesn't mean they would finish the job you would sign them in the first place but hope springs eternal. doug, thank you very much for that. as doug was wrapping up we were getting more on the elon musk drama with twitter. dow jones is reporting that musk indeed proposed getting back to the original deal, that was the 54.20 a share deal for twitter. when last it traded i forget
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when it stopped trading i think half an hour ago it was up in excess of 12 1/2% but still shy of 54.20 at 47.93. it would also be surprising that musk we go back to the table essentially going back to the deal that was originally on the table. too early to he will tell we'llt keep ahen eye on it. because you've got the next generation in global secure networking from comcast business. with fully integrated security solutions all in one place. so you're covered. on-premise and in the cloud. you can run things the way you want - your team, ours or a mix of both. with the nation's largest ip converged network. from the most innovative company. bring on today with comcast business. powering possibilities. technically when enamel is gone, you cannot get it back. but there are ways you can repair it. i'm excited about pronamel repair because it penetrates deep into the tooth
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neil: all right. we are five weeks away now from the midterm elections and the race in pennsylvania is getting interest across the board here, not only because of the nature of the race, that you have, you know, someone who is dealing with a stroke trying to be on the stump, do his normal job, getting allowances for an upcoming debate. his republican opponent, they're scrutinizing some of his medical recommendations going back to the time he was on tv. , it is just drama all the time. bryan llenas following the significance of all of this, and where the race stands. bryan. reporter: neil, drama ault time is a good way of putting it. the pennsylvania senate race is tightening. look at the difference with "fox news" polling. john fetterman was head of oz by 11 points in july, the lead is four points. the fund-raising gap appears to be closing as well.
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dr. oz raised $17.2 million in the third quarter from july to september. we still don't know fetterman's number there, but that number from oz includes $7 million of his own money. that is significantly higher than the 5.5 million thatsraised in the second quarter which three million was the doctor's own money. the oz campaign released a new ad attacking fetterman saying in 2015 he would decriminalize all drugs. fetterman's camp says that is no longer true. new "usa today" suffolk university poll found fetterman's unfavorability rating is up 17 points since june, suggesting that these relentless attacks by dr. oz are working against fetterman accusing him of being soft on crime. dr. oz is endorsed by pennsylvania police unions. >> they enduressed me because they don't feel supported right now by the lieutenant governor. they're concerned if they will run towards the danger and
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they're at risk for being criticized for doing it, undermined in the efforts to do it, and the laws keep changing so they don't feel protected when they do risk their lives. reporter: this race is brutally negative and personal. oz continues to attack fetterman as being lazy and absent while questioning his health, following his stroke. fetterman is mercilessly attacking dr. oz as being scam artist not from pennsylvania. "fox news" polling show the number of voters who are concerned, neil, about fetterman's help is up, but "oz" es supporters remain unenthusiastic about him but have their reservations. neil: bryan, thank you very much. kelly white on all of this from "the washington examiner." i don't know where the math stands in the senate. right now it looks pretty tough for republicans they have more at stake, more seats at stake. how do you see the senate looking, kaley? >> the senate is definitely going to be the race to watch in
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several states not just pennsylvania. arizona, georgia, nevada, there are some pretty contested races they could go one way or the other. pennsylvania is interesting simply how close the race has become in the past few weeks. not even the past few months, the past few weeks. that is largely driven by concerns about fetterman's health. there are multiple videos he seems incapable of putting together sentences, which do draw into question whether he would be able to perform his duties as a senator if he is elected but there is something to oz's recent attacked as against fetterman, highlighting his record on crime, highlighting record as mayor of braddock he drove out hundreds of jobs in that town, manufacturing jobs that he claimed he would bring back. so it seems that that message is resonating among pennsylvania voters. neil: so you know, this is the seat that toomey is resigning f democrats were to win it would would be a pickup for them as if
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they keep the georgia senate seat against herschel walker. that would keep the democrats in charge, likely remain in charge in the senate. very, very quickly, nancy pelosi surprising predicts democrats hold the house. that is what you expect her to say but how realistic is that? that looks like tilting more and more republican? >> well senate majority leader chuck schumer disagrees with nancy pelosi. he was overheard having a private conversation just a couple weeks ago predicting democrats would lose the house. seems like that is you know, the most common prediction even among the democrats at this point. it would be pretty shocking if democrats keep the house, let alone gain seats which is what pelosi is saying. neil: thank you very much, kelly mcgee white, as kelly and i were finishing here, amazon making news, would freeze all corporate hiring in the business retail unit. this is coming from "the new york times," its conclude computing division will not be affected by the freeze.
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last time i checked it was the biggest moneymaker from amazon what it is doing in the cloud, they don't want to disrupt that. time being amazon like other high-tech companies, we'll cool it on the hiring, maybe quite a while, stay with us. you're watching fox business. ♪. stomizes your car insurance so you only pay for what you need! (limu squawks) he's a natural. only pay for what you need. ♪liberty. liberty. liberty. liberty.♪ .. ul music throughout] [acoustic soul music throughout] [acoustic soul music throughout] [acoustic soul music throughout]
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