tv Cavuto Coast to Coast FOX Business October 18, 2022 12:00pm-1:00pm EDT
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stuart: this really was one of the better trivia questions that we ever asked. how many steps did rocky run leading up to the philadelphia museum of art. since it has sort of a vaguely sports theme to it we thought ken golden stay to make his guess. ashley, you're a sports guy. kick it off. how many steps, ashley, you first? >> trying to count on the clip. i will go with 72. stuart: ken golden? >> 72. stuart: i'm going with 80 because it looks like. oh. 72. did you look it you, ash? >> no. pure guess. stuart: i got his phone. there you have it, whatever it was, 72, that's right, got it. my time is completely up. it was a great show. thanks for joining us. neil, it is yours. neil: thank you, stuart, very, very much we cut in half our
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gains. dow jones industrials up 210 points. interest rates climbing, 10-year note, dipping in price, we were 3.95 neck of the woods but now over 4%. a moderate pace. that was enough to take some enthusiasm out of buying today, still up 22 points. that has taken some luster out of technology stocks as well. i was talking to charlie brady senior stocks editor, senior everything on stuff that matters. he is saying that is all you needed to sort of puncture that big gain. we still have four hours to go. so time to see what we do as these rates begin to back up a tad. there is very little evidence here by the way in the economy to show it backing up a tad, although industrial production did rise a little bit more than thought. the prior months data was revised up as well. that could have been sort of like the trigger for this but too soon to tell. we'll follow it closely. edward lawrence at the white house with some other
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development they're following as the president gets ready i think to tap the strategic petroleum reserve, right? reporter: that is what is being considered, reportedly talked about here. this could be a situation we're looking at bad news could be good news for the markets here. there is bloomberg survey. 100% of economists surveyed there will be recession in next 12 months if we're not in one already. inflation has been entrenched according to the data in this economy. possibly the market could be saying this means that republicans could take the house. that is strategic petroleum reserve levels that are moving down at this point. so i talked with wealth managers who tell me historically gridlock has been good for the markets on real pain for americans. the president reportedly considering another 10 to 15 mill barrels out of that release from the reserve. a source tells me the announcement this week will be in response to putin's war. still i wanted to know when all the spending moves will start helping inflation under this
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president? eloquently what the president is doing is there a timeline for americans can start feeling economic pain relief? >> in regards to the inflation reduction act, early next year they will see some of the, some of the, pieces of that, when you think about in energy costs, when you think about, uh, the medicare kind of benefits from that. so we'll see some movement on that early next year. >> 18 months ago president took office inflation and gas prices started rising. >> 18 months ago the president signed the american rescue plan, more than about back in april of 2021 and that helped the american people. reporter: but you see where the president named inflation a top priority. white house economic advisors keep asking for more patience. now we have at least a little bit after timeline, early next year, but again those timelines from the white house seem to at some point later on in the
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future neil? neil: would be remiss if i didn't ask the source of that noise again behind you. reporter: vacuum truck is back, although not next to me. now it is behind us. [laughter] neil: here is edward lawrence. vroom. keep your cool my friend. thank you very much, edward lawrence at white house. another guy that keeps his cool, chief national correspondent connell mcshane, following a number of developments, we're very early in the earnings season here so we don't want to jump ahead of ourselves here but so many companies have ratcheted down what they were expecting, right? reporter: yeah they have. i wonder what netflix. i hope no lawn mowers coming across the studio as i'm doing this report that would be a strange setting. that is one thing to watch. technology, talking about the market coming off its highs. technology has a lot to do, when we look at tech, talk about jobs, how the labor market is holding up relatively well.
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tech might be a exception there. if you had to pick an exception. snap had huge round of layoffs. now microsoft is in the news for a smaller round of cuts we should point out. microsoft is such a huge company, 200,000 employees. when "the wall street journal" reported cutting 1000 jobs. that is less than 1% of its workforce. the company line from microsoft. you see the stock which like many tech stocks opened higher today before turning down in the day by just a little bit, the company says it is just a regular adjustment, regular adjustment to start off the fiscal year. so we'll see. but that is the story with microsoft. as i said the stock to watch tonight, without a doubt be netflix. netflix again was green earlier. now it is red. down by 2% for today. all anyone seems to be talking about or caring about whether netflix will break this streak, this dubious streak it has going where it has been losing subscribers. the last two quarters, losing subscribers. now this july through september period that we're looking at,
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number of new releases, the second set of episodes came out for season four of stranger things, which my daughter happens to be obsessed with, maybe a show like that helps out. cobra kai i happen to be obsessed with that. that is released this quarter. content with netflix. jeffrey dahmer show people talk about which i'm not going near. they had a lot of new shows come out. all wall street cares about are the numbers. 200,000 subscribers lost. that was q1. q2, the second quarter down by 970,000 subscribers. when we remake this screen tomorrow what will that third number be? how much will they be able to add back? the company in july said they would add a million in the third quarter. the analyst community still little above that. a little above a million. that is the number to watch. netflix is trying a couple of new things. one is the ads, basic with ads they call it. three bucks more than the basic plan. that is add sported.
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we'll see if that moves the needle one way, shape or form. the second thing to watch is crackdown on password sharing. sew we'll see if there is any update on that on the call tonight, neil. i don't know if anybody in the wider cavuto clan is stealing your password. they say netflix is coming for them. neil: i did notice, connell, for you a well-traveled guy to leave out the fact we have another season of "the crown" coming i found it upsetting. you're talking about jeffrey dahmer and i'm talking about the crown, no? reporter: not going near that. everybody is talking about that. "the crown" wouldn't release until the next quarter. neil: i understand that. that is something to look forward to. apparently not in the mcshane household. reporter: i love "the crown." i love the crown. neil: my sons love the jeffrey dahmer thing. i don't have time. bad parenting on my part.
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connell mcshane following that. kenny polcari, slatestone wealth chief market strategist. not a big dahmer fan. he strikes me as a very big queen elizabeth fan. no doubt glued when netflix downloads the latest season. always good to see you, kenny. it is interesting. i thought connell laid it out pretty nicely here. all about earnings. but netflix is a telltale stock, isn't it? we talk about subscribers. they lost, i think over the last half of the year about 1.1 million. at the very least wall street looking to see that momentum on the downside slow or what are you looking for? >> well, certainly netflix you want to see it slow. otherwise it will take the stock down once again, right? it is looking, if you look on the chart, it is looking to form a base but it is off better than 60% from the-year high. at some point they have to do a turnaround. yes it's a big number tonight. the trader types will be looking at it. tech guys are looking at it. overall for the market i think
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it says less about what the earnings season is going to look like. how it is unfolding. certainly we're great numbers from all the banks so far, right? they all beat on the bottom line. neil: oops. just lost our feed with him. one of the things we're looking at by the way on earnings projections here the momentum issue. you hear so much about the momentum issue. whether that will be enough to carry us forward. keep in mind in the earnings season a lot of companies already forecasted their numbers southward. in other words, they're trying to brace investors for the possibility that those numbers are going to be weak. that is a low, sort of a benchmark for them to surprise on the upside. we used to see this routinely prior earnings period when the economy was in dicey shape. sometimes it doesn't have to be in dicey shape. a lot of companies see how much bang for the buck they get by telling you we see serious headwinds. that is popular line they use. they talk about the recession, how that could grip them.
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we should let you know, folks at bloomberg say 100% chance of recession. jamie dimon has been talking about the real possibility of recession coming but doesn't give exact time or any timeframe for that matter. goldman sachs, of course the latest firm there is possibility of a recession that coming from david solomon saying, i quote here. there is a good chance of a recession which would be like me saying there is a good chance i could lose weight. not definite, not definite. there is a good chance. kenny polcari the power bill has been paid. he is back with us. kenny, sorry about that. i was talking about all the bigwigs talking about the real distinct possibility of recession. there is always a real distinct possibility of a recession. what do you think? >> right but i think there's i think there's very much a real, bigger possibility of a recession is coming if it is not already here. what i started to say before i lost you, yesterday when we heard brian moynihan giddy how
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strong the consumer is and all that stuff -- neil: bank of america chair. >> bank of america, right but all the banks in this reporting season, all of them upped the ante in loan-loss reserves because they're all preparing for a more difficult time ahead. it was interesting to hear brian moynihan the consumer is great but putting money aside if they see defaults. neil: kenny, banks are saying we don't want to go through the meltdown we had last go round. just in case we're building up reserves? >> yes. on the one hand it is great he is building up reserves. on the other hand what that message says is, they all expect tougher times ahead not only for the economy, but then for the consumer, right? neil: yeah. >> that is what that says for consumer. so it is preparing for a good thing. the negative to that, get ready to strap in, we expect it will be tough times ahead. look we only got, we're only five days, four days into this earnings season. neil: true. >> some reports are good. there were 10 reports. eight of them beat the numbers,
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right? so we're running at 80% beat rate at the moment but remember they brought numbers down significantly. neil: exactly. >> lowered the bar, they have lowered the bar. sew it is easy to jump over and i wonder if that is what we see as we continue to move through the season. tonight with netflix will be one example. we'll get into consumer stocks and the energy names and the drug stocks and all that. it will be interesting to see how is ultimately plays out. neil: kenny, don't wander too far. we want to get you back later in the show to expound on that. my very young staff worries when he do the analogy lowering the bar, corporations do it, i can see they do it in the control room, tell the story about what he used to do with his parents and report card and predict tell his parents he would have all fs, failed everything, got a couple ds, was a gone genius, exactly what is going on. the companies ratchet down the estimates if they beat them by a little bit they look like
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neil: all right, the closer we get to the midterms, more of these power rankings fox put out to give a sense of the trend. the trend seems to be more towards republicans than democrats after democrats were gaining ground post the roe v. wade decision. that could change based on how things go the next threw fiction. alexandria hoff following the latest 2006s and turns. reporter: given the timeline we're three weeks out no news is big news when it comes to the senate side. it means control hinges on four races, arizona, nevada, georgia, pennsylvania. those remain tossups. republicans need to secure 51 to majority. democrats is just 50, since the
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vice president serves as tiebreaker n the house the latest edition of the power rankings, 232 races. that is more than last forecast. it would give them the 15 seat majority. races in california oregon, going from left leaning to tossup that is the case in oregon's 6th district. the area was easy win for president biden in 2020. it has been a real fight for the current democratic candidate. salinas, and her republican opponent mike eric sown. they grew up with police officer fathers. eric found an edge on the district of crime, the district includes south westport land plagued by riots and protests since 2020. cop best of my knowledged with the open-air drug use and inflation. voters on both sides are simply fed up. democrats have a small pathway to keeping the house though. that number needed there is 218
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and the reason that pathway is there, can be traced to republicans suffering from some candidate quality issues. for example, in montana's first district, you have ryan zinke. he has been the subject of several ethics investigations. his race against democrat monica tranell in a place where it was not expected to get so tight. republicans dealing with quality issues. on the other side, inflation, crime, those are voters top issues, right now seem to be benefiting republicans. neil: got it. thank you for that. jacqui heinrich shows other polls seem to show right ward shift, particularly on the part of women. that is particular surprise, many thought the monolithic view women in particular with the supreme court roe v. wade reversal might use that as the issue and ding republicans that might be changing, right? reporter: yeah, neil. since the supreme court's decision democrats have really
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tried to make abortion their top issue but this new poll from the "new york times" and sienna college should at least turn that strategy on its head if democrats can respond in time. it will at least show the folly of that choice. abortion has faded from overall top voter concerns collectively. 44% of voters called inflation and the economy including jobs their top issue. compared to just 5% calling abortion their top issue. moreover, female voters are swinging away from democrats and toward republicans because of the economy. in september independent women voters favored democrats by 14 points. now they're backing republicans by 18 points. that is a huge swing in just a month's time. listen to this line from this article of "the new york times," i'm shifting more toward republicans because i feel like they're geared more toward business, said robin ackerman, 37-year-old democrat, mortgage
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officer in new castle delaware, planning to vote republican this fall. miss ackerman she disagreed 1000% with the supreme court decision to overturn roe v. wade and erase national right to abortion, but that doesn't really have a lot to do with my decision. of the fall vote, i'm more worried about other things, yet the today the president will deliver the remarks on choice voters face this november as white house puts it who republicans want foe ban abortion nationwide in their words and democrats who want to codify roe into law and protect women's reproductive freedoms. >> people have difficult decisions facing them each and every day. sometimes people are only concerned about the things that are just before them, rightfully so. it is important that we remind people that elections matter. that it matters if you have a congress that supports a woman's right to choose. reporter: that "new york times" poll showed that 49% of likely voters are planning to back
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republicans on election day compared to 45 planning to vote for democrats. neil: thank you for that, jacqui. south carolina congresswoman nancy mace. what she makes latest findings, women look at the economy, not the whole roe v. wade decision. what do you think of that, congressman? >> we're seeing it. all the data points that the reporters just mentioned we've seen the same shift in the first congressional district in south carolina, neil. as i talked about repeatedly on your program that this is really a bellwether for the rest of the nation. it is a very purple district. we saw the generic ballot swing from leaning democrat this summer to favoring republicans this fall. we went from a single-digit lead this number now double-digit leads. we're seeing people peel off on issue of economy, on issue of inflation and jobs, looking at crime and immigration. we'll throw that in there too. abortion is a top issue but
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voters are making the decision in november three weeks from today about economic issues. they see the fallacy in the inflation reduction act, how it did not help immediate relief like the president and other democrats said this summer. they're feeling pain at the pump. feeling pain at the grocery stores. we're seeing, i came from a town hall where i had a few democrats show up expressing their support for me. understanding on the issue of abortion, i'm willing, on your program before building consensus. willing to concede to find that middle ground. on economic issues republicans are certainly leading the way. neil: on the economic issues, the popular, i read kevin mccarthy's plans along with republicans, if you take over the house, for tax cuts and expansion, you know, oil production, you know, areas that present administration denies, but do you look sometimes at what is going on in england where the new prime minister had much the same plans and now is reversing them, because the
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markets revolted? they didn't see she had a plan to pay for them. are you worried that republican plans to make permanent the trump tax cuts and all of that haven't been paid for? that might come back to bite you? >> well, the best way we can make our plan successful on economic issues is to have a plan to transition. you just can't flip a switch like a light switchover night expect things to change. giving businesses certainty, whether that is six, 12, two years, six months, 12 months or two years, looking at what does the future look like. at what point are those things implemented. you have to address deficit spending. that is an issue contributed to by republicans and democrats alike for decades now. looking at issue of taxes. looking at the supply chain, there are a number of issues that do contribute to inflation. there is not going to be a one-size-fits-all or a purple pill here but insuring that businesses at least have some certainty for the short term and long term so they can make plans to insure that their businesses
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are successful. neil: all right. congresswoman, thank you very much, very good seeing you. nancy mace. we reached out to her opponent, democrat opponent andy anders, yet to hear back. hope springs eternal. fair and balanced. we reach out to all sides. reaching out to bernie marcus. you might know the name at first blush. you certainly know home depot. he is the cofounder of that, started in the middle of one of the worst recession this is country ever experienced. could he do that again in this environment? he is not so sure. he is next. personalized financial advice from ameriprise can do more than help you reach your goals. i can make this work.
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neil: all right. the president of the united states is going to talk about a women's right to choose. that will be part of his key remarks in washington today. he is also expected to hint, maybe lay out a plan for tapping the strategic petroleum reserve up to 15 million barrels. remember what he said in place last spring, 180 million barrels. that puppy is beginning to run down, not the president i should say the strategic petroleum reserve. we're keeping an eye on that and oil prices which is very soft to this environment. maybe the global economy is doing more to bring down oil prices than anything else. kenny polcari back with us. it is odd, if you think about it, kenny, thinking about flooding supply in the market, hoping the reserve to do just that but the global economy might be doing it for the president, what do you think? >> well it might be doing it for the president, i got to tell you, i'm not people demands, assumes we'll get this huge demand destruction in energy, because look, the world runs on energy, even if we're having recession, unless it is really
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bad, people need energy. i don't suspect we'll see oil prices collapse. will we see a little bit of pressure? i think maybe a little bit. i got to tell you, once we get past the election oil prices will start to surge again. we have some of the big investment banks calling for 100-dollar oil by the end of this year. neil: what do you see happening on that front? if that happens, that scenario plans out all bets are off? >> all bets are off. i think it will be scenario we were talking about, i thought we would see the slight dip in cpi, then a rally, then a move back higher. but in fact cpi last week was in fact elevated. cpi in november will be elevated, if energy stays right where it is. we're up 20% in oil this month alone which wasn't reflected in this month's cpi, but it will be reflected in next month's cpi. that will continue to add to the inflationary pressure. that will put the fed in a position to really have to consider what are they going to
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do in december, right? we know november is done. now december, 50 basis points, will it be 75 in december. part of angst created last week after we saw the stronger cpi number when everyone expected it to be a little bit softer. neil: you get two 75 basis point increases a little more than six weeks, you're pushing 5% on federal funds, overnight bank lending rate that would be a quintupling rates this year. yet not one single sign that inflation is budging. >> that is exactly the point, right? inflation is not. it is becoming entrenched. even said it himself, jay powell that he is concerned about it becoming entrenched. once it becomes entrenched, it will be much more difficult to slay. and so, i wouldn't, i don't want it. i'm not saying i want to see two 75 basis points but look they should have been more aggressive months ago. had they raised rates by one
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pull percentage point in the spring, probably would have responded then. now it is becoming more entrenched. it is becoming more difficult. that will force them to get, i think more aggressive. that is what my fear is. that we'll suddenly see unemployment start to tick up. you see the consumer start to pull back. you will see interest rates on revolving credit go even higher. interest rates on car loans go higher. mortgage rates will be kissing 8%. you will start to see a bigger slow down. neil: i'm hoping your wrong on all of the above, kenny. you've been pretty right about a lot of stuff. good to see you, my friend, kenny polcari following all the developments. imagine in this environment starting a new business, or starting a company you hope to become a major business. it is tough but, many of you remember what it was like in 1979? the late part of stagflation, out of control at the time. inflation was rampant. so was recession. you had combination of high prices and a tumbling economy along come this guys bernie
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marcus, working with another fellow, the idea, why don't we have a huge appliance center, a place for those who are very good with their hands to sort of make a go of it and in an economy that might be in demand at that time. bernie marcus proved very prescient. in 1979, very inhospitable environment, to put it mildly, went public a couple years later. had you put $10,000 into this company, you would have more than $4 million today. of course you all did that that is why you're sitting back and relaxing saying okay, what's the rest of the world doing? bernie marcus is with us. kick up some dust. lessons on thinking big, giving back, doing it yourself, cofounder of home depot. kind enough to join us. good to see you, bernie? >> great to see you, neil. you know what? deja vu all over again. same scenario.
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interest rates high. over 20%. inadequate president, carter, which is the same as what you have now, and absolutely no answers for what they can do. and in fact doing everything they could do wrong, they do wrong. so it's, it is the same thing. we struggle through those areas. in fact having gone public we had money, we paid vendors ahead of time to ship merchandise to our stores. i think that many vendors in the united states would not be alive today had it not been for the home depot. neil: you know, if you think about it, bernie, comparing the two periods today and back then. i think it was much rougher for you, interest rates are triple what they are now. we might get to that stage. we had no hope it would turn around anytime soon, but you had faith in the concept and that comes through, just the way you
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think about business and business people today. what is the lesson there? >> well, it was a concept that was made in heaven. we gave people what they wanted. we listened to them, we flew what they wanted and when you give people what they want you end up with a solid, successful program. we weren't that bright. you know ken langone arthur blank and myself, two jews and an irishman, you would appreciate that, starting out with a business that everybody said was going to fail. when we went public our original public offering, we couldn't sell any stock. the stock you're talking about, we couldn't give away. nobody believed, that you could run a business with high volume, with low overhead, with people on the floor helping people.
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it just wasn't going to work. we're lucky it hit. it made it. today it is the largest home improvement center in the world with 500,000 associates, still going strong. neil: absolutely. >> still an amazing company. neil: but if you think about it, what it was providing average folks, say nothing of small business, in environment where it was very tough, you know, to move up or people to move into new homes or whatever, maybe fixing the ones they're in, but you saw that then at a time when few saw opportunity then. but i am wondering how you liken it to today? not too long ago with interview with yahoo! finance what the hell does he know about economics? going on to say very little. where is your number one beef with joe biden right now? >> well i think joe biden, you know the word schizophrenia comes to me.
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somebody is talking to him, maybe when he sleeps, it is though every day he wakes up figuring out another way to screw up america and he is doing a great job of it. phenomenal job. every day it is another issue in another area that makes this country weaker than it was before and i'm, i'm despairing over it. i think it is sad. i think it is bad for the people of america. and i think that as soon as they wake up and understand that the fault, all of this happened in such a short period of time, that one man, one man, could do this in spite of being represented by a house and a senate that, he could do this by himself, he did it. he did everything wrong and everything that he did wrong is ending up with really bad results. we have inflation. we have people who have to worry about feeding their family, or
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putting gas in the tank. we have to worry about people coming over the border by the millions. we have to worry about foreign policy, which is going to hell in a handbasket. and so he has got a couple of years left. i hope that the congress changes. i think people recognize the fact that they got to put republicans in at the house and senate level, at every level, at every single level. we can't afford to lose any senate seats or house seats. and those of you out there that are thinking with your heart and not with your brain, you better start turning it around. change the wires because your brain will tell you, if you don't things are going to get worse, not better. as you heard the past one, that was on with neil, it could only
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get worse. neil: meantime, bernie, i will take a leap here put you as a maybe on president biden. who do you want to see replace him? do you want donald trump back? do you like florida governor desantis? who do you like? >> well i think trump did a great job. he just has got a problem with his, with what he says in public. i think all of his policies were good. we know that. the facts are they were. the economy was great. everything worked out well. he did a great job. and, look, i think it will be the best man wins. it may be a senator from, maybe the governor of florida. i don't know but the american people will make a choice in 2024. i'm worried about today. i'm worried about 22 because i think that's where the fight is right now. and i think we should concentrate on it. neil: okay. you know, i didn't know until
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reading this book that you were pretty good at hypnotism when you were a kid. in fact you wanted to be a hypnotist. in fact you were so good at it you had a couple scary incidents with close friends decided to drop it. then i later discovered you had gotten a scholarship to harvard medical school but there was a wrinkle on it, that you had to pay $10,000 as sort of a way to get around the curb on jewish students. tell me a little bit about that. >> neil, nobody understands that but in the '50s every single medical school in the united states, i mean every single one, had a quota of 10% on jews. so if you talk about discrimination, we were struggling back then. i was a pretty good student. i wanted to be a doctor. i thought i could have been a good doctor. neil, i could have been somebody, i tell you. neil: what the heck would have
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happened to you without it. >> i could have been a good doctor but i couldn't get in. my whole family together, if you hung us upside down you couldn't get $10,000. neil: wow. >> so i gave it all up and i turned to retailing and found that i loved retailing and that's become my life since. and it has been rewarding for me. and, this book, kick up some dust, is the book all about that. neil: what is fascinating. what i liked about it, bernie, the environment we're living today, kanye west, goes by ye right now, claimed quoting here, all controlling jewish underground media mafia is out to get him. said a lot of things people interpreted to be anti-semitic and is crazy. you have made a number of references in your book, genetic, over the years, 2000
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years, jews are owe pleased to every society we belonged to. jews through their wits, their intelligence, their great it brightness, succeed no matter what civilization was. are you worried about today what you're hearing? >> i think it is happening all over again. a jewish student trying to get in medical school at harvard today will have a heck of a time doing it. i don't think he will be able to do it. i think this is reverse discrimination. the blacks should understand they do have an opportunity, much bigger than what we had. we didn't have that kind of opportunity. we didn't have the courts voting with us. we didn't have the courts supporting us. so kanye is wrong. he has been wrong before and he is wrong here. neil: he is a big supporter, he is a big supporter of donald trump. you're a big supporter of
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donald trump. how do you feel about that? >> well, god bless him. god bless him. it takes all kinds of people. neil: bernie marcus, thank you very, very much the book is "kick up some dust," lessons on thinking big, giving back, doing it yourself. feels he made the right move forced on him or not becoming a doctor. who knows what he could have done in the medical world. we know what he has done in the business world. for mankind, one of the most generous philanthropists on the planet. stay with us. ♪. (driver) conventional thinking would say verizon has the largest and fastest 5g network. but, they don't. they only cover select cities with 5g. and with coverage of over 96% of interstate highway miles,
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all in, looking $249, going on weekend day, you will shell out $179. disney will charge you to skip the line. rather than wait two or three hours, pay an extra 15 bucks, right? you have to pay $25 to access the new fast pass feature, genie plus. used to be free. that is privilege you wake up seven a.m. to do every day. family of four. shelling out 1000 to get in the park to hit the rides you want to. many lifelong disney fans saying it lost the magic. the high prices make the american dream vacation out of reach. not just those high prices. can't go to disney without the merchandise. i'm a ma left if i sent fan. my purchase of mickey ears. this would cost you last year 29.99. up 33% to 39 . 99. spoke to a source at disney. all about customer experience. best quality products, less lines to the consumers but we spoke with folks today.
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there was one family spent $6,000 over three days for their families to enjoy the magic. they feel like it is nickel and diming. listen, folks, i tell you people are streaming in all day, lined up at 6:00 a.m. clearly people are willing to pay the prices even if they're going up. we'll have more after this. careful now. nice! you got it. and thanks to voya, i'm confident about my future. oh dad, the twins are now... ...vegan. i know, i got 'em some of those plant burgers. nice! nice! yeah. voya provides guidance for the right investments and helps me be prepared for unexpected events. they make me feel like i've got it all under control. because i do. ok, that was awesome. voya. be confident to and through retirement. ♪ what will you do? ♪ what will you change? ♪ will you make something better?
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♪. neil: more explosions being heard in and around kyiv right now. there is concern that vladmir putin is right about saying easing up a little bit is doubling down. killer russian drones bought from iranians being used throughout the country. let's go to ukrainian parliament member kind enough to join us now. how are you doing there? >> neil, thanks forehaving me on the show again. i'm doing okay. we're heartbroken but not broken. there was today another attack own kyiv. just back from the bomb shelter because the air raid sirens are turned off. the iranian drones are really are persistent in attacking our infrastructure. so they're attacking our energy
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systems and they are targeting civilian buildings. yesterday we were all devastated by the building destroyed and a woman who was six months pregnant killed. it is just still not going through my mind in the morning things were kind of okay. then you wake up to the sound of huge motorcycle passing by. you hear an explosion. the explosion happened that maybe three minute drive from where i live. we went there to help take people out of the rubble. unfortunately our firefighters were able to save many but not everyone. and it is devastating because the drones are attacking in mass quantities. not just missiles that is one, three, five, 10. drones are counted in hundreds. neil: so how are people adapting to this new reality, you have the russians clearly targeting
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civilian centers, shopping malls and like, say nothing of the grid of utilities to knock all of the power out, maybe in their eyes ideally before the real cold weather sets in? how are they adapting to this? >> when there was last massive attack we've seen a huge difference between how people reacted during similar attack at very beginning of the war and right now. people are super organized. people are listening to air raid sirens going to the bomb shelters. there are many more bomb shelters built, equipped. people helping each other, being very concentrated, saying okay, we need to stay alive. we'll do everything possible. it is possible to do that it is devastating but people adapt. neil: they do. so do you. kira hang in there. ukrainian parliament member. we'll keep an eye on that. oil prices meanwhile continue to
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slip slide in this country and throughout the world and the market is clawing its way back as interest rates begin to start dropping again, just a tad. so i don't want to make it a leap, saying it will continue this way for another three hours. the dow itself up 350 points. nasdaq off its lows. i should say weaker highs, after this. .. you love closing a deal. but hate managing your business from afar. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire
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good luck. td ameritrade, this is anna. hi anna, this position is all over the place, help! hey professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade. award-winning customer service that has your back.
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