quarantine of the island? ashley? >> november 20th, '62. number 3. stuart: susan. >> that was my answer. >> ditto. stuart: i would go with, i'll go with novemberth, why not? if sincest the correct answer. november 20th, 1962. okay. thank very much, folks. -- thanks very much, pokes. don't forget at 11:00 on monday morning we'll have our special show, varney and you. we'll have a lye studio -- live studio audience and an all-star lineup. of course, time's up for me. neil, it's yours. neil: thank you very much, stuart. look forward to you. a selloff going again, interest rates backing up yet again, this sort of jekyll and hyde response to consumer sentiment numbers that come in. the real catalyst is the freefall in bond prices. stop me if you've been seeing

that before. the 10-year is now a little bit north of 4%. that represents a 14-year high. the 2-year at a 15-year high, and interestingly must have, that's spread between the two which a lot of people follow, the so-call inverted yield curve, bottom line, it's the widest it's been in some 22 years right now, and it is sort of accentuating this argument that we could see a recession. doesn't always preview that, but every one we've had has been a precursor. edward lawrence at the house with how the administration's responding to this. the president many california today or will be later on. sir. >> reporter: neil, it's all kind of centered around inflation. that's sort of the core theme that's been driving what's happening. and the president in los angeles says he's working on it when you're talking about inflation. now, we've heard that message for the past year behalf. in fact, the president first said on may 10th of last year that tackling inflation was his top priority.

here's my exchange with then-press secretary jen psaki on that date. the president said that inflation is his top priority and that replaced climate change for this administration as the top priority. >> well, i would say, first, that a inflation and the rising costs for people across the country has long been the top issue for, in every poll we've seen and certainly has been the number one issue for the president for some time. when he came into office, he said that his agenda was going to focus on four major priorities. that includes addressing the climate crisis, of course, and he will continue to do that. but we are certainly aware that right now, in this moment, that inflation and reducing costs is what, is most on the minds of americans. >> reporter: so you fast forward, and we're still hearing that same message. we're working on it. without seeing any a real progress. here's the treasury secretary yesterday. listen. >> -- this week there have been favorable indicators on easing

the supply chain bottlenecks and softening of labor market pressures, but we need to see sustained progress in bringing down inflation. it remains the president's number one priority. >> reporter: but again, no change in policy from this white house when inflation is near 40-year highs for overall inflation. core inflation is at 40-year highs. neil: everything is 40, 41 years, but you notice it's been one to those kind of back to the future. thank you, edward lawrence, on that. we've had mixed data. the market seemed to like hints of a slowdown or least consumers rethinking things. so when you've got sentiment numbers that don't jive with retail sales numbers, which do you think win out? many for the time being, it's those sentiment numbers and what they might be forecasting. connell mcshane, what do we have? or. >> reporter: the two things can be true at once, you know, we see benefits in the banking

business of the higher interest rates for their business, and we also see a financial sector, like other sectors certainly bracing for a slowdown, maybe bracing for a recession. and even though consumer's held up pretty well, retail sales data not giving us a ton of confidence that that continues from september. let's go through some of this. backing stocks is where -- banking stocks is where we're starting, morgan stanley is the only one of the four that is seeing a stock decline. the other ones are up mostly because they beat the street in the last quarter with earnings. and in this environment, the higher interest rates mean higher net interest margins, difference between what banks are earning on loans and paying out in deposits, and that helps the likes of jamie dimon at jpmorgan. his commentary today saying that consumers and businesses are holding up relatively well. however, there are significant headwinds immediately in front of us, from the ceo of j

jpmorgan talking about central banks fighting up, the war in ukraine -- tightening up and also the oil market, a tragedy jill statement there. -- fragile state there. setting aside $1.5 billion for loans that might go bad. the street was looking for $1.2, so this is a higher number than expected on these provisions for credit losses. and the other banks are in a similar state, and that will el you they may be prepping for a recession. now, retail sales which basically stalled last month, you know, the overall value of retail purchases just was flat. didn't move at all, zero, and economists were looking for a little bit of an increase. august was revised up a little, but i think the takeaway is this inflationary environment may finally be getting to the american consumer to some extent. short term versus long term in a lot of this. the banks did okay last quarter, but the outlook is uncertain. we see that in the comment air,

we herald it from jamie dimon, and i would add that the citigroup ceo, jane frazier, she just said that she expects a mild recession in the second half of next year. neil: who am i to question jamie dimon, of course, but he wasn't exactly prescient on bitcoin and cryptocurrency. obviously, heir seizing on these remarks that proof yet again that a big banking ceo is saying we're on our way to hell in a hand basket, is that it? >> reporter: i think frazier comments are interesting because it's not whether the economy is going to slow, we all know it is, or whether it's going to to go into a recession, but what type of recession. she did use the word mild, so that's still the hope for some folks. i be i think jamie dimon in some of his commentary, what he said in an industry conference yesterday in washington, it's been a little bit more aggressive about what he thinks, yeah. neil: every time i hear head

wynns, i just tune out. -- headwinds, i just tune out. [laughter] thank you the, my friend. interestingingly enough, he has sort of reminded people along the way that he's on top of it. but in retrospect, you might begin to worry was he really then, is he really now? take a look. >> the committee anticipates that ongoing increase increases will be appropriate. the expectation is still that inflation will begin to come down in the second half of the year. inflation is much ooh high. too high. and we understand the hardship that it is causing, and we're moving expeditiously to move it back down. with inflation well above our goal, we think it's helpful to provide even more clarity than usual. markets have responded and have is generally shown that they understand the path we're laying out. the risk of doing too little and leaving the economy with this entrenched inflation, it only raises the cost. price stability is the responsibility of the federal reserve and serves as the

bedrock of our economy. without price stability, the economy does not work for anyone. neil: all right. the one remark that caught my attention early on was when he was saying we'll have to sort of settled by the second half of the year. well, we're in the second half of the year, and it's not so. whether where do we go from here, erin gibbs, mitch roschelle with us. welcome to both of you. earp, to you first. -- erin, to you first. no one is perfect, but the fed has been more wrong than right, and eventually these rate hikes will presumably bring down inflation. are you surprised after all of these and another one expected next month, overwhelmingly expected to be a three-quarter point hike, that nothing's budgeting on inflation? -- budgeting something. >> not when you take a look at what the u.s. government is doing to make things worse, sort of fighting against the fed with all their additional spending. so i think, certainly, yes, i

wish they had acted faster, i wish that they had raised rates even earlier and higher. quantitative tightening could have been helped. but when you look at impact of inflation from the ukraine, when you look at the additional federal spending that's coming in and sill making the economy run too the hot, certainly they have a lot of headwinds going against them. so, you know, unfortunately it does look like we are very much going to be heading into recession, and we see that not just from comments, but we see that in cds markets, insurance markets on crept defaults and that type of thing -- credit defaults and that type of thing. neil: you know what's interesting, membership, the growing global -- mitch, the decline in confidence in global leaders. britain's prime minister is flailing. here, growing concerns that the fed is botching it, some say

overdoing it, some say not doing enough. but the president has a tin ear to these inflation worries. there is a pattern to this. what do you make of it? >> of elected officials not keeping their eye on the ball? that's a shocker. neil: exactly. [laughter] >> let's go back to the first clip you showed. inflation's not a worry, it'll come down the second half of the year. even if there was a chance behind closed doors that they thought it was a risk, why they continuing to buy and accumulate assets and continue to raise the money supply? neil: very good point. >> it was such an easy thing to do. and the housing market, which you've talked about a bunch, was red hot. easy way to calm it down is stop buying mortgage-backed securities. there were simpling things that i don't think the market would have overreact to, and that's similar around the world. the difference is you have economies like the u.k. that are way more heavily dependent on

government subsidy for its people. we talk about entitlements in this country, but you go to europe and it's the entitlement zone. so it's very, very difficult for them to scale back government spending. there's a ton the of stimulus. and one last point on stimulus, maybe we ended stimulus program. you know, student loans seem to be a big topic of the conversation. we still have moratoriums on repayment. so even though there's no stimulus coming from the government that -- if you have a student loan and you don't have to pay it, you have a de facto stimulus. i i think there was so much that became entitlements that elected officials were so worried about taking away because they're worried about getting reelected, that we found ourselves in this soup. neil: erin, do you worry that agencies that should be on same page are not, and that extends to washington and the aggregate, but the federal reserve is trying to clean up that balance sheet, but in the middle of doing that, it's got $5- 6

trillion in new spending. they're not on the same page, so just getting that right is next to impossible. >> right. and that's what really concerns me. i think that's what's going to throw the us into a deeper recession, is that our agencies are not acting in sync with even other and, in fact, they're fighting against each other. to mitch's point, quantitative tightening could have been a lot'ier, but also not -- lot easier, but also not throwing additional funds into the economy -- it's a tough situation. neil: don't wander too far. i want to get your thoughts on some of these earnings that we're getting. still very, very early in the process. for the most part, better than expected. but keep in mind, and i think these folks can correct me, more than half of the companies have ratcheted down their expectations. sort of what i used to do in school. if they saw just a couple of ds, they thought i was a genius. then along came those headwinds.

we'll have more after this. ♪ the loser has to fall ♪

♪ ♪ >> welcome to the republican presidential debate here on the fox business network, i'm neil cavuto. >> if a candidate goes over their allotted time, you'll hear this -- [background sounds] neil: it sounds like a game show, but it's not. so do not raise the minimum wage. >> i would not raise the minimum. neil: senator paul, don't you are risk creating a near-term budget crisis just as your presidency would be beginning? >> i want a government really, really small, so small you can barely see it. so i want lower taxes and much more money in the private sector. [cheers and applause] neil: are you worried your campaign, which you've always said, sir, is bigger than you, is now being hurt by this? >> thank you for not asking me what i said in the tenth grade. i appreciate that. [laughter] [applause] neil: senator, senator, i really want to be clear here, are you

saying, sir, that if bank of america were on the brink, you would leapt it pail? >> yes. [applause] neil: candidates, we want to thank you all. we also appreciate your helping save time by talking one another at times. that was welcome. [laughter] by all means, it was a very riveting debate. by the way, the other two, fantastic, they spoke too during that. i just like when i do. no, no, no. but that's where we were, remembersome the start of the race, everybody was in that race, and all of a sudden we know who won and what happened. history could be repeating itself if donald trump returns now as many suspect he will, but that's an argument for another time, maybe another debate. let's get the read right now on the midterm elections where now we're putting the pedal to the metal. only about lee and a half weeks away, a big debate in georgia tonight. of course, a big senate race there.

jon jonathan serrie on all of that. >> reporter: hey there, neil, you and i may be talking about this georgia senate race going into december because georgia requires the winning candidate to get more than 50% of the vote in order to avoid a runoff. and recent polls show democrat incumbent raphael warnock with only a slight lead over republican challenger herschel walker. both candidates below 50% with many voters still undecided and a libertarian challenger in the mix just to make things complicated. today walker, who's famous for his eloquence on the football field if not his oratory on the campaign trail, faces his first ever political debate against senator war knock who is a seasoned preacher at ebb newser baptist church. >> i tell everybody i'm just this country boy. come friday, y'all better watch it, les going to be a debate. there's going to be a debate. [cheers and applause] and i told him to quit running

from me, quit running, because i will catch you. >> reporter: senator warnock, who calls himself a pro-choice pastor, contrasts his views with those of walker who supports a national abortion ban. although polls suggest voters are more concerned about the inflation and the economy. >> we can and we must focus on the economy. and a woman's right to choose at the same time. those things are not mutually exclusive. >> although senator warnock talks about abortion as a matter of policy, he has avoided attacking walker on some of the personal allegations against him including a daily beast report suggesting that herschel walker paid for a girlfriend's abortion, allegations walker denies. neil? neil: jonathan serrie, thank you very much, my friend. want to go to axios senior corps correspondent, fox news contributor as well.

i always wonder how much these debates move the needle. i can see consequential ones on presidential levels, ronmy reagan, jimmy carter, their one and only debate comes to mind, but here what do you make of what's at stake in atlanta tonight and the senate to have y'all battle? how to you sort it out? >> look, i think debates matter, but a lot of times these days people already make up their mind before the debates take place. in fact, a lot of people are are already voting before the debates take place these days. look, that georgia senate race is very volatile because a lot of people haven't seen herschel walker speak and talk about policy extensively in person, so this is going to be on statewide television. he's going to have a big spotlight. he's trying to lower expectations, as you saw in the sound bite, trying to kind of lower the bar, pass it if he does do a decent job. but, look, these debates, if you make a big mistake, if you make a blunder, that is a type of event that could change a very,

very close race like the one in georgia. neil: herschel walker, he seems to be going out of his way to say i'm a lousy debater, he's smooth, i'm not, he's seasoned at this, i'm not. i get the central here, you know? underpromise and maybe overdeliver. but what do you think of that? >> it's the expectations game. he's trying to lower expectations as much as possible, talk about how senator war mock is a preacher who knows how to debate with really well because they are worried he's not going to come across as smoothly as senator warnock. now, look, it's not the first time i've seen this strategy in play. i remember the 2012 vice presidential debate between then-vice president biden and sarah palin, and palin did a, you know, she beat expectations. she ended up doing a decent job because the expectations were so low. but the bigger issue for walker in this debate isn't just the issue, it's about questions over the reporting that he paid an

ex-girlfriend to have an abortion which is an issue that doesn't just affect the swing voters, but a lot of conservatives want to hear what he has to say about that incident. so there's a lot on the line, neil, in georgia. it's not just the partisan debate, but it's also the controversies that are swirling around herschel walker. neil: yeah. the sarah palin, i think, was 2008, if i remember. >> oh 08, yeah. neil: let me can is ask you about the backdrop of the markets. i know now and hen the republicans have reminded democrats maybe they should care about hem because they're volatile and people are losing a fortune on paper. what do you make of the effect that they play? the backdrop is a crazy market, a bear market, what do you think? >> yeah. i mean, the economy is the number one issue. it's volatile. the market's moving up and down -- neil: right. >> people are, you know, overall looking at lost money in their 401(k). that's not good for the party in

power. the overall environment continues to favor republicans. neil: thank you, my friend. you're an encyclopedia on this stuff. in the meantime, when rich guys feel other rich guys are being pressured or fingered for no reason, sometimes there are those who just rail against politicians like, for example, an elon musk and those who quietly remind politicians of all the stuff they do for society. john paul degeorgia probably fall into that group. but it'll surprise you. he's next. ♪ up, up, can only go here from here ♪ ♪ ♪ wow, we're crunching tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq,

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♪ neil: all right, the slip sliding continues an the -- at

the corner of wall and broad, 10-year note north of 4%. so right now we are in and out of 14-year highs for that. 2-year rate also backing up. you have an environment like that, you have people thinking we're going to go into a recession, a slowdown at the very best scenario. it doesn't always happen, but every recession we've had has been sort of hallmarked by this development prior. we've seen before, we saw yesterday the big comeback. remember, we were down better than 300 points -- 700, what am i saying? and then positive more than 800 points, so you never know what happens. kent throw -- don't throw it away. it's a picture in time. don't do anything i tell you to do on that. mt. meantime, do listen to my next guest, john paul dejoria, cofound per of john paul mitchell systems. he's given a lot back, so i always like having him on

because politicians frame guys like him as not doing their fair share, paying their fair share, doing can their fair share. john paul, does that bother you? >> not whatsoever. everyone's equal to, let's say, their voice and opinions that might be out there. but i know what i do, and people that know me know what i do. if i were to spend many millions of dollars every year making the world a better place to live, especially my own city in austin, the fact that i know i did it makes me happy. and something i'd like to share with everybody is, in life, if you do something good for somebody else and never expect any kind of thank you or reward whatsoever, you feel just great. so if people look at people like myself, and there's quite a few people like me, we're very -- that were very lucky to have the american dream come true. it still works. most of us or a lot that i know do give back in a big way. they never boast about it,

advertise about it, they just do it because it's the thing to do. so a lot of people that are making these unruly and unwarranted comments, they just don't know. i forgive them, a lot of peace, love and happiness. [laughter] that's what it's all about, sir. neil: well, good for you. i'd shout to the world if i did even one good deed, but that's the difference. [laughter] so, john paul, let me get your sense of this because the reason why i mention this is the backdrop role of this, and even with the inflation reduction act everything being pushed on capitol hill is more people should kick in to help raise revenues. and invariably, what's cited are guys like you or the upper crust of the society to may more in taxes. -- pay more. i don't know what fair share means these days because a moving target, but what do you think of that? taking yourself out of it, what is fair share for guys like you? >> exactly. i think it's very silly for people to go overboard with that. number one, as a group, we pay

the majority of all the taxes in the united states of america. if you look at that 1%, you know, of the people and hen the 10%, they pay the majority of all the taxes. so i look at this as being unfairly -- it's a big political thing. needless to say, a certain party may want a certain group of people to vote for them. now, if that group of people, let's say, is less than those that are, really have the american dream come true for them in a very big way, not just the regular way, why not say they're the bad guys, you're the good guys, i'm 100% for you, so vote for me. so a lot of this is political. but there's a lot of people that can't be fooled anymore. things are opening up. people are seeing the truth. and when you take a look at the economy, if i could mention that for just one moment here, people are looking at what's going on in the news, but they're not looking ahead. and i'd like to make a comment because you do have a business show going on, and it's a damn

one -- good one. what's going to happen in the future? with the exception of the companies i'm physically involved with, i'm also involved in starting and financing a lot of other companies. so i try to keep abreast of the future. not what's happening now, but the future. i want to give you an example of the future. i asked some of the experts here in the world, those at goldman sachs, okay, where are oil and gas prices going to be in six months and in one year, because i'm involved with this company called just pure. and it's cleaning up all the waste from oil wells being dug and all the water coming out, how to recycle that water, not just waste it. so i'm very familiar with a little bit of the industry, but where's it going to be? in six months from now, they project a barrel of oil to be at $125 a barrel. neil: wow. >> one year from now, $1230 a barrel -- 100. so i go -- 120. so i go to the experts to get my

information. how does this affect business? paul mitchell and other things i'm involved in, there are shortages out there. there's no doubt. this is for sure. we are still back ordered. we've been back ordered for quite some time. we're still back ordered. and we'll remain that for a little while further to come. when you get back ordered, all of a sudden those that have it raise the price to the manufacturer. when the manufacturer has his price raised because there's a shortage, if you want to you've got to pay a little more because this guy will, all of a sudden they have to increase their prices. now public gets the same thing. it all trickles back to, well, what caused it all? a big problem in our country was we were totally sufficient when it comes to energy. that energy is used for plastics and other things, and that started the roll. no disrespect to those who want to go green. i want to go green, but you can't do it overnight. you've got to ato it over time -- adjust to it over time and not take a nation to its

knees. it's got to be done like a business person would. here's the oil and gas consumption, here's what we want to do, let's gradually get into with it. not all of a sudden sop it, the price will skyrocket it. -- skyrocket. i like to remind everybody in 20199 and '20 the, our market went from, i think, 28,000 in a year or so down to about 19,000, our stock market. but when it came back up again a year or two later, it came up to 35, 36,000. neil: very good point. >> it went to above where it was before. so unless you need the money now or the next two years, don't go freaking out. that stock market always goes cyclical and comes right back again. america still works. sometimes we've got to be a little patient. neil: i'm more worried with about what you're saying about john paul mitchell products, that they're in short supply. so i'm thinking there are a lot

of people who aren't getting shampoo, and they're slowly deteriorating. what's going on there? >> well, we're very fortunate because my daughter and jason, they went ahead and foresaw what was going on, so they immediately got more than one person to fill our product. so we were able to cut down, believe it or not, a $40 million a month back order to i think now we're around 5 million or so. but my people are doing whatever's necessary to find these extra sources. we're also looking at doing more and more, we've done the majority of all of our product manufacturing is done in the united states. some is done in it -- italy with a joint venture, but there are a lot of things now that are going to overcome some of these shortages, but it's going to take a little while longer. and with gas and oil up, prices

will remain high. i think somebody mentioned a little earlier on your show about a purple party where red and blue sometimes, when you go to the polls, one group says one thing politically, another. want to tell you a quick story. i know i'm limited on time. a friend of mine, gary spelman, is running for office in texas. he will not accept a dime from anybody. he doesn't have money on his own, but he's running on the purple party. i'm truly going to be a politician of the people because i'm not beholden to be any party or person. not that there's anything wrong with any party, but he's just letting it do what it should do organically, he's giving that a try. it might be the future for america. people come in saying i'm your person as to opposed to being backed with a party that sometimes you agree with, sometimes you don't agree with. america still works, and we keep on trying to do things. neil: all right. hope springs eternal, my friend. thank you very much. as long as i've known him, he's

the same guy you just heard there. same guy. very, very insightful. in the meantime, looking for a good deal when you have these streaming services? well, they're ad-supported and at a cheaper price, would you buy in? we polled a lot of folks on that. you won't believe what we found out. ♪ i want to dance, come out and dance again. ♪ i want to dance, come out and dance again ♪

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♪ ♪ (fisher investments) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our client's portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your clients make more money? (fisher investments) yep. we do better when our clients do better. at fisher investments, we're clearly different. neil: all right, we have erin gibbs and mitch roschelle coming up with us, but they said something interesting last time they were here, and i'm paraphrasing. it's kind of like the weather with the markets, if you don't like what you're seeing, it'll change. we had been down close to 400

points. yesterday we were down about 700 points in the morning, finished up close to 900 by the end of the day. the snapshot in time is built on concerns that inflation is a paramount problem or worry even though it was a wore worry yesterday, but we bought into it. i'm done with the analogies here. maybe they can help me out with that. i know lauren simonetti's taking a look at this and some of the other headlines. >> reporter: i just want to talk food. kroger is buying albertson in a $24.6 billion to take on walmart. so it puts about 5,000 grocers -- think safeway, ralph's -- all under one roof if, and a big if, if the antitrust police let it go through. inically, consolidation create -- typically, consolidation creates higher prices, but we're already paying higher prices. groceries are up 13% in the past year, flour and butter up double that, so the argument is, well, we need scale to lower prices.

and they plan to deliver $1 billion in annual savings within 4 years. and hen this, neil, apple's efforts to get the nfl's coveted sunday ticket reportedly just hit a snag. it's that package that lets viewers watch all of the league out of market sunday games, so essentially you can watch mig. directv has the rights now, apple seems to be the front-runner to get them after this season. but might be having cold feet because it's a u.s.-only service, and there are blackout restrictions in certain local markets that could conflict with apple's streaming service. and nfl is looking to fetch between $2-3 billion for this. clearly, apple has that money but not sure that's a done deal. neil? neil: thank you very much for that, lauren. a question for you in this high-priced environment here, would you start ditching your streamlining services or have you in an environment where some are entertaining lower cost

alternative, but it would have ads? well, apparently when we polled this on twitter, i told these kids today this social media thing is going to be huge, anyway, 8 out of 0 of how -- you said, no, i don't want the commercials, i'll pay more for the service as it is. but that is the way of the world. we're going to go to a two-tiered system. disney+, i believe, is going to debut an add-start -- ad-supported service. back with earp gibbs, mitch roschelle, very shrewd with their money. they don't like to spend too much money they can avoid it. and i'm not saying mitch roschelle is cheap, but i am saying he watches every dollar. [laughter] that's tough to do with kids who like the streamlining service and probably don't like commercials. >> we had a fiasco a couple weeks ago when we realized we couldn't watch the sunday ticket because we don't have a correct tv of dish. we called them.

unless -- directv. unless you have you have the tissue on your house, you can't get it. -- dish on your house, you can't get it. i added up all the things that we pay for, and it's like i have an extra cord. we thought we cut it. got netflix, amazon, spotify, you've got sirius satellite in the car, paramount president, we don't have disney+. and some of the amc, if you want to watch a specific show, you have to get that on demand to watch "better call saul," of course, so it all adds up. and i think we've just replaced one wallet with another wallet. one haas thing, you still need -- last thing. you still need internet in your house. if you just want the pipe and don't want the cable and telephone, it's almost the same price -- neil: is it really? so, you know, it is true, right? we started this whole phenomena where people were cutting the cord. they just said, all right, this is still a lot cheaper: now any one of these services if you're

going to buy the max service, it's rivaling the cord. to say nothing if you get other services. >> i think they're getting away with it because you actually have to go through and add up what you're spending across 12 or 14 different bills, and -- >> and then you're like, ah! so what do you do? >> so i actually rotate between different providers. i only have a family of two, so it's very easy for us to decide exactly what we're going to watch. neil right. >> so i will just flip through and cancel and start another service. neil: but you are aware of these services. >> yeah. i'm probably more on top of it than most because i'm able to do so. but, yeah, i watch, like, how many are coming lu each month and, you know, look if the season's over, we've blown through that season, then you cancel it until the next season comes on -- neil: see, those guys hate people like you. [laughter] >> worst case, i had a worst case, i think they're much

happier when most people let it -- >> but erin's got particular talents because if you can find where you cancel, that is the hardest thing to do. try calling customer support at any one of these places. neil: right. >> i call the phone number to subscribe because they will pick up the phone on the first ring -- [laughter] but there is no phone number to cancel, and you have to try to figure out -- neil: they'll pretend they can't hear you, you're breaking up. [laughter] it does say something that more people are tying -- toying with this idea. netflix has tumbled out of bed, it's going to be a lot more than just some subscribers who stick around and deal with the commercials. i'm just wondering where is this whole streaming thing going, do you think? >> obviously, more choices, more variables and perhaps just, you know, the more options. hopefully i think with some of these lower cost options, i think they'll hope they'll be able to get people to upgrade so at least they get you in, they get the new subscribers and potentially you might get tired

of commercials and upgrade. but, yeah, it's all about flexibility and, yeah, being able to track where your money is being spent. neil: you know who fight it the most? teenage young boys. they do not want their parents doing this -- >> cutting cords? neil: no, streamlining the streaming services. >> i think that bigger picture right now consumers are going to start saying no mas to some of this stuff -- neil: i think you're right. >> we're in an inflationary period, and if you do want to destroy demand, that's very discretionary. i think you're going to see massive consolidation. if you want evidence, apple bundled their music thing, the television thing and one other -- storage. they bundled them together into one price. i wouldn't be surprised if you don't see david zaslav and discovery -- neil: at a bargain basement. all i know is from my son, if

you cut cord, you're cut off as a dad. we want to consistent the cold. [laughter] we'll have more after this. ♪ if you're loud, be louder. if you stand out, stand strong. and if you got the devil on your shoulder... take him for a ride. living with metastatic breast cancer means being relentless. because every day matters. and having more of them is possible with verzenio.

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i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works. neil: all right, vladimir putin's indicating right now that he is not going to extend his military call-up. remember, he was looking for

30,000 reserves and having a devil of a time -- 300,000. at this point, i think he's around 232,000. i don't know if it means he's going to keep it at that level or hope all this phases out. hard to tell. but that has not, you know, been a sign that he's scaling back any of these brutal attacks in the country, particularly around kyiv of and what have you. dave sears, form former navy seal team 6 commander with us now. is e he dialing back, dave? >> no, i don't think he's dialing things back. i'm not sure he knows what his ultimate objective is right now, and that's what everybody's trying to sort of figure out. is it to maintain crimea and the donbas territories that he sort of held before, or does he want to continue to try to push into ukraine which seems will lesses and less likely. does he want the ukraine government to stand as the way it is. i don't think putiningen actually knows his objectives right now other than to maintain power in russia and not jeopardize that.

neil: so where is he going with this? we're told that he's still using these iranian drones and attacks in and around ukraine. he is still talking the, at least his top people are, about, you know, the nuclear option without tacitly saying when and where and how, but what do you make of where he stands now? >> i think those are two distinct things. i think one is his fight with ukraine and his stance there is to inflict pain on ukraine, to inflict pain on the critical infrastructure that ukraine has in order to raise the costs on ukraine to continue this war and possibly get to a negotiating table. the second when we talk about the nuclear piece, that's more posturing for the west to try and deter the west from coming into the war. and i don't think he wants to face a confrontation with the west, but he's taking steps and saying, like, i'm prepared, but you guys try and stay out of it. so it's two different themes

he's sending, one -- messages he's sending. one to the west and one to ukraine. neil: got it. dave, thank you very much. dave sears, former navy tale team -- seal team 6 commander. increasingly, it's a scary place to be. all right, the dow down 286 points. interest rates backing up, oil falling down, and we still have another lee hours of trading today where anything and everything can happen and usually has, after this. ♪ ♪ if you wake up thinking about the market and want to make the right moves fast... get decision tech. for insights on when to buy and sell. and proactive alerts on market events. that's decision tech. only from fidelity.

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