tv Varney Company FOX Business October 24, 2022 11:00am-12:00pm EDT
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at fidelity, your dedicated advisor will help you create a comprehensive wealth plan for your full financial picture. with the right balance of risk and reward. so you can enjoy more of...this. this is the planning effect. elections that happens very few times. it's going to be a massive red wave. >> the progressives have taken over. they are going to be able to get their way out until they unleash american gas. the cost of transportation that's driving is the biggest drive of inflation and they're going to do a u turn when it comes to energy policy. >> people are beginning to throw in the towel at any cost. that to me is always a bullish
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indicator. >> what i would look for with the earnings is how the strength of the dollar has affected their earnings. it's a proxy on what the fed has done. we'll be able to determine whether this was a smart thing to do or shot so thing to do. not so smart thing to do. ♪ stu: i seem to know it. kid rock. okay. lauren: yeah, it's a good one. stu: eastern time, it's monday, october 24th. and the markets are presenting a mixed pick which you remember the dow up 250 and nasdaq down 25. show me big picture. all of them are up except for amazon down a fraction but no really big gains and meta turned around in the last 40 minutes and it's now up nearly 1.5%.
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the treasury yield up to 4.25%. that's the treasury. now it. report card on the performance of public schools is in. it is a big fail. we should really be thinking about serious change. public school system we have just isn't working. there was trouble before the pandemic and covid made it worse. between 2019 and school for fourth graders dropped 5 points and eighth graders math scores dropped a huge eight points and eighth grade reading down three points. that is failure writ large and i put a lot of blame on the teacher's union. they lobbied to close the schools and keep them closed. they demanded social distancing to an extreme degree and in bed with the cdc on restrictive policies and science was
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ignored. all to make the all powerful teacher's union even more powerful. you may say that the job of a unit is to protect the members, that would be the teachers. but to ignore the interest of the children, it's just plain wrong. whatever it takes, break the union strangle hold on the public schools and/or de-unionize. we can't allow the union to keep failing our children. stu: rob smith is with me this morning. the public school system just isn't working. we agree on that . how do you fix it? >> two words for you stuart: school choice. i'm going to an event tonight for organization called american federation for children that is all about school choice. this is what i think about the public school system right now. it has become completely enormous and completely controlled by these teacher's
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unions and as we saw over the past two and a half years, these unions are political powers. they do not always have the best interest of the children at heart. remember they shut down the schools and now they're still masking the children and we know now some kids are having speech issues and things like that . this is what i think. the public school system is too big to fail at this point but if what we can do is we can get parents that are actively engaged in their children's lives and promote school choice and charter schools as an option to them, they can take money going to the tax dollars and go into the failing schools and put them in charter schools and give their kids an option. stu: this is happening, isn't it? >> it is happening. a serious movement all across the country and say this to somebody who is a student of one of the failing public school systems. i have that experience from my k-12 years and i know that school choice is a very valid option. stu: i wouldn't want anyone to think i'm critical of teachers,
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individual teachers i've known dozens and they're wonderful and dedicated. it's the union i have a problem with. they're political militants that's all. >> political militants and look at where their donations go in terms of political candidates, upwards of 90% of that money they donate to democrats. so it's not about children, it's not about teachers. what it is is the political organizations, basically a dnc super-pack at this point. stu: let me bring up the subject of georgia in the election. georgia is smashing early voting records. however, former dnc chair donna brazil thinks new voting laws are unfair. watch this. >> you have record numbers of people voting early in georgia, record number of african americans voting and democrats are saying it's jim crow 2 place 2.0.>> it is jim crow. >> how is that? >> jim crow sb202 allowing anyone to challenge the validity
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of a voter. there's many african americans and others and young people especially who are going out to vote and they're being challenged. stu: do you think she makes a strong case there? >> she's not making any case whatsoever. what you see from that clip is somebody p parroting out the sae old talking points and scene have these voting laws be racist and then have record numbers of black voters and all voters turning out. these two things do not make sense. i have to tell you this, this push to basically say everything that's about election integrity, this is all jim crow, this is racist, all that other stuff this, is from the left and nothing to do with black voters, stuart. democrats on the left do not need to do anything else to really attract black voters. they're getting upwards of 90%. this is all about making it easier. eventually for the illegal immigrants that are flooding our country to vote. this is what weakening of voter id laws is all about and what
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this idea that all voter laws are racist and all of that stuff. this is not about african americans, this is about eventually setting up the staining to make it easier for illegal immigrants to vote. stu: rob, please give my best wishes to the people you're talking to tonight. >> absolutely. stu: i'm on board with that . appreciate it. got to get back to the markets. it's monday morning andment to know how your money is performing to start the week. dow up 300 and nasdaq down 14. jason katz with me this morning. i got a bone to pick with you. >> uh oh, here we go. stu: i do read your stuff and you're predicting and saying by the end of 2023, that's s15 months away, the s&p 500 will be at 4,000. that's only a couple of hundred points above where it is now. >> that's right. stu: this is my worst fear the market goes down and stays down. >> i think a worser fear would be it going to 3,000; right.
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so we need to get accustomed to muted returns because we pulled forward to much business during covid. stu: it's hard to get used to it though. >> i know, after a decade of it just showing and you happen it working. that's not going to when the case without any monetary stimulus and very little fiscal stimlouis. locellus. i think we could -- stimulus. i think we could get a year end rally predicated on the sideline since '01 and some point in q1 we'll be on the other side of the fed raises rates. stu: you think this. >> yes. stu: by the first quarter of next year, that sunt that far away, we'll be past the sharp rate increases of the federal reserve? >> precisely. if you look at the article put out in "the wall street journal" on friday, it was interesting the timing there. it was right ahead of fed's quiet period and they leaked to "the wall street journal" some of the fed governors are saying hey, maybe we should come up for air. i think we've gone from this notion of let's pivot to let's
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pause to let's just slow down. that is why we've had the rally that we've had. stu: you think we will slow down the rate increase s? >> i do believe that will be the case. the fed was so late to the party, lost so much credibility, you know, the next mistake if they raise too far will be a recession that will be very difficult to come back from. so i think their cognizant of the fact that things can and will be broken along the way. there's no harm in them talking tough right now and backing off. not from a standpoint of pivoting but slowing down and coming up for air. stu: this week we get all the big tech companies, i mean, trillion dollar companies reporting their earnings. can you characterize it? would big tech's earnings push us to another level up on the dow? >> well, from pure math perspective sure. the big tech and seven names drive nearly 25% of the performance of the s&p and nearly 35, 40% of the performance of nasdaq so it's
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very pivotal that those numbers are at least in line with expectation, which i expect them to be because inflation is actually helping their top lines and hasn't hit their bottom lines yet. if the fed recklessly raises rates to 5% without coming up for air, next quarter's earnings will be the abomination that people fear this quarter. this quarter has been pretty good. stu: i worry about the u.s. dollar. as strong as its ever been in 20 years. obviously the dollar against thn dollar, the euro. the dollar is way up there and doesn't that hurt american bibbing tech companies? >>-- big tech companies? >> and multinationals and costs more to buy our goods overseas and the fed finally hints they're slowing down, you'll see a reprieve in the dollar and see the 10 year, which is the real proxy maybe get as high as 5, probably settle in around 4.5% and i think that will keep the
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dollar at bay and i think it'll keep earrings from really -- earnings from really falling off the cliff. stu: ten year treasury on the screen at 426. getting up there. jason, thank you, sir. see you soon. lauren is with us, we've got some movers. oh, avis, i saw this earlier this morning, up 11%. lauren: look at that. stu: do they rent you your tesla? lauren: no, that was hertz and i didn't have a joyce. they were upgraded to $31 price point and talking tail winds. increased demand for rental cars because economies around the world are reopening and there's limited supply because of the semiconductor shortage. stu: tell me about verizon, please, because i believe it's in the green. lauren: up 2% and at&t up 2%. we told you raymond james likes at&t and say they'll outpace verizon but verizon ceo telling yahoo finance this is our peak year and spending about $22 billion this year.
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stu: $22 billion? lauren: yeah, well they acquired so much spectrum last year and now coming to fruition. stu: tattooed chef. lauren: they make plant-based bowls and down 7%. they cut them half their price target and say if you look at tattooed chef's top four customers, which account for two-thirds of revenue, none of them are growing or at least they haven't in months so this is a opportunity to look at beyond meat again. remember i said they were down # 0 pester -- 80% last time we looked at movers and charlie brady points it out 95% from record close pre-pandemic and $234 a share. stu: i never saw people going into a fast food operation saying give me a meatless burger. i don't see it. why would you do that? lauren: i don't. speculation that a lot of people would. stu: it's your fault. lauren: you know, i've only tried it once actually because someone gave it to me as a taste test onset. stu: yeah, me too actually. only time i ever did it.
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thanks, lauren. now this, rishi sunak will be the next prime minister of great britain and face the highest government debt in 60 years? is he up to the job? nigel is coming up on the program today. lauren: half of us want to work overtime or extra schiffs to make more -- shifts to make more money. stu: protests popping up around the world in support of the unrest in iran. all of this affecting the negotiations for new nuke deal. jennifer griffin has that story from the pentagon, next. ♪
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stu: crowds were supporting the protesters in iran. jennifer griffin with us now. is this unrest affecting the nuke deal negotiations with iran? >> absolutely, stuart. for the past few months the iran nuclear deal or jcpoa has been on life support. it appears to be dead. the biden administration appears to recognize now is not the right time to negotiate with iran. just look at these images on saturday, more than 80,000 people took to the streets of berlin on saturday in the largest showing yet of support for the people of iran who are rising up against the oppressive theocracy, antigovernment protests have swept iran since the brutal killing of 22-year-old masa amini on september 16, a innocent young woman beaten to death in the custody of iran's brutal morality police for the simple crime of not wearing the mandatory muslim headscarf. women are leading this revolution against the
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oppressive rulers of iran since 2009. the teheran regime has tried to crack down on the protests but look at these male and female students this weekend at shariff university in teheran considered the iran mit and erupted in chants of freedom, freedom, freedom. this brief iranian woman removed her headscarf and sat in the street brushing her hair for the world to see over the weekend. elon musk starlink terminals crucial for ukrainians to communicate on the front live are being user for iran to get internet access and term 23458s that were smuggled into iran and set up on rooftops and iran's foreign minister. >> americanswhile exchanging messages with us trying to blow on the fire of the issues going on in iran in recent days. i think they are after to
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pressure us politically and psychologically to win concessions at the talks. we will give the americans no concessions whatsoever. >> it's no secret that a deal does not appear imminent. a deal does not appear in the offing at least and not at the moment because iran's demands have consistently gone beyond the four corners of the jcpoa. >> now an anonymous activist group called black reward published internal e-mails, contracts, and construction plans on iran state run nuclear program in an effort to secure the release of political prisoners arrested in nationwide protests cracks in the re-seem showing every day. stuart. stu: jennifer, thank you very much indeed. iran sending kamikaze drones to russia to inflict damage on ukraine. general, is this the most orient challenge faces ukraine stopping
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the kamikaze drones? >> well, certainly, yes. i mean, it's not just the drones, it's also the airplanes and the missiles but it's the russian way of war because they have essentially been losing the bar against ukraine's military, they have doubled down on ukraine's people hoping to defeat them and put pressure on the military to stop. that's not going to happen. the steadfast resolve in ukrainian people is nothing short of remarkable. however, these drones are a factor as you suggest and the reason why the russians are dependent on them is because their stockpile of precision ammunitions is being used up and they cannot reproduce them and there's a way where the sanctions are impacking positively -- impacting positively and they can't get the parts from improbation report stream and supply chain to rebuild the missile stockpile and they've gone to the iranens
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for these drones. what do ukrainians ask for many weeks ago, stuart, is air defense systems to help stop them dealing with russian air power missiles and the like. before the drones were actually coming into effect. now we're in a crisis mode and we're trying to get all of these air defense systems short, medium, long range, sophisticated ones into them but it's a crisis action taking place. yes, it'll be helpful but this is one of my criticism of the administration, they take too long in providing ukraine the request that they make. these requests are weeks old. when it gets there and they are getting there slowly, it will truly make a difference against the drones. stu: but is it deliberate? give them the aid they desperately need but slowly to push them towards a negotiated peace. as a completely outside obviouser, that's what it looks like to me. >> there's always been that
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under current led by french and germans that would have gone negotiations a week after the war began and they haven't given up on any of that and i do believe this administration has always had a concern about provoking russia and as an undercurrent there for just give them enough but don't -- not enough to defeat the russian military and drive them out of territory, enough to bring them to the negotiating table with leverage. it's unstated policy in my judgment. certainly deserves the criticism it gets at times. on the other side of it, listen, the united states is providing 75% of their support and secretary of defense and his team all in in trying to get them everything that the ukrainians have requested with some exceptions. what the ukrainians need now in addition to the air defense systems is an army tactical missile system called atacums
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going 190 miles versus the high .'s 50 and 60 and they want that because what the russians are doing is keeping the iranian drones and other like missiles out of range of hymars and ukrainians want to be able to reach that and yet right now we're still saying no to that i believe that's a mistake. stu: indeed, general, thanks for joining us. always good. thanks a lot, sir. appreciate it. you won't believe this one, a painting by one of the most famous artists in the world came under attack. okay. here we go again. what happened, ash? >> yeah, eye roll. go two german climate activists through mashed potatoes at a painting worth tens of millions in a museum in germany called grain stack and the painting sold for $110 million a few years ago and glued themselves to a wall at the museum as you can see shouting that a climate emergency is starving and killing people and the painting
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they say will be worthless if people stop fighting over food because it follows a similar protest in london where two members of a group called just stop oil splashed a can of heinz tomato soup on a van gogh painting and the protesters were taken into custody. stu: the philippines cracking down on cheating during school exams and asked children to wear a headgear. >> yeah, students at college in the philippines were asked to wear headgear that would prevent them from peaking at other student's exam papers and many responded by creating homemade contraptions out of card board, egg box, other recycled materials and those images of the so called anti-cheating hats have gone viral on social media. not only that and they're reportedly inspiring other schools and universities in other parts of the country to
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encourage their own students to put together anti-cheating head ware. classic, love it. stu: i'd like to see yours, ashley. >> i've got this hair, grow my hair out. stu: i can't do that. thanks, ash. stu: a lot of talk on the program about quiet quitting and seems pretty easy to do. in an office that is. but i think it's much harder if you're a blue collar guy doing physical labor. can't quiet quit there. mimike row is an expert on the subject and he's with me on the show right after this. good morning, mike. ♪
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stu: all right, that is philadelphia. we're showing you that for a reason. ashley, is this got something to do with the referee that got hit in the head with a football? >> yes, indeed. in soccer if you throw a ball at the ref's head, you get a red card and you're out but one nfl referee didn't skip a beat. during the lions and cowboys game the referee calling a holding penalty against the lions when running back jamal
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williams flicked the ball at the referee and hit him in the head and he was unfazed and continued to make the call. he was trying to apologize for hitting him in the head and referee confronted williams on error in now and nothing else transpired but that was one of the games more funny times. stu: we've seen that about six times back-to-back. all right. ash, good man. thank you, indeed. look at the market, we're still holding onto a nice gain for the dow. goldman sachs, home depot all higher. dow up 275 and nasdaq down ever so slightly. listen to this one, a new study shows more than half of workers want to work overtime or work more shifts. they want to work, they want to make money. mike rowe is here with us this morning and knows all about this kind of stuff. you co. you know all about the
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real contrast to quiet quitting. these people want to work. >> i want somebody standing off camera with a football at all times to bounce it off the head of anybody. stu: would you react as well as that guy did? >> probably not. yeah, so that stat to me simply proves that we can't paint with a broad brush. we can't say that this is what workers are doing today anymore than we can say this is what teachers are doing today or really anything else. the people that want to work today are doubling down. they're coming in very early, they're staying late, they're doing whatever it takes to do. the people who don't want to work are not coming in. whether they quit quietly or loudly or exit the work force, nick has become a friend of mine, economist who's written a lot on the subject and he is out there right now with a remarkable talking point, which is out of his book, men without work, that basically says there's 7 million men in the country right now, prime age men, 25-54 not only not working
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but affirmatively not looking for work. and most of those men are spending upwards of 2,000 hours per year on screens. never in peacetime have we seen this before. that labor participation rate in his estimation is far more significant than the unemployment rate. woefully underreported also and it's jermaine. stu: result of the pandemic where people got used to sitting around and not doing much and beg paid for it? >> i think it's a result of a lot of things. there's an inertia in the country that confirms my personal feeling that work ethic in general has become a triggering word. we're not really allowed to talk about it and when we do, we sound like angry old men shaking their fists at the heavens. stu: very true. i'm an old guy. >> yes, you are. stu: thanks. you look at younger -- all older generations look at younger generations, look at this lot,
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they'll never make it. i'm inclined to say that now but i'm conscious of the fact that all older generations say this about the up and comers. >> two things being true at the same time, we can be old and sound like a broken record and we can be right. the stats for the first time in my life seem to confirm it. i've been for 14 years talking about in quiet war on work. these statistics now seem to bear it out. it's an extraordinary number of people who are affirmatively, they're not unemployed, they're not looking for work. it's different. stu: it's a lack of ambition. >> could be. stu: i'm an old guy. back in my day, get up there, try hard. climb that food chain. this is the united states of america. they lost that. >> if you genuinely believe that the system is rigged, if you genuinely believe that your employer is greedy and if you generally believe that the cards are stacked against you, then you can start to get a sense, i
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think, of why some people might just want to step out of it. now, i think you and i are on the same page. get over it. take a deep breath, look around, and explain the unshakable reality that 11 million jobs are currently open. that has never ever, ever happened before in peacetime. there was a time, stuart, for most of the 20th century i think where unemployment was explained as a lack of opportunity. when you have so much opportunity then how do we explain that? it's trickier, it's harder to articulate, but it touches pretty much everything. stu: see, just a long running social trend we're in the middle of it, work ethic down. will it turn around just kind of naturally by itself in the future? >> no, nothing turns it around. stu: what turns it around? >> things go splat. electricity goes off and doesn't come back on for awhile. you flush the toilet and that which is in there does not go
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away and the plumber is too busy to come. there are not enough plumbers to come. the report card that we've heard so much about today gets worse and worse and worse. the teachers union begins to crumble. things -- i'm not saying that should happen, but i'm saying that they're going to be consequences that are going to get the average person to pay attention in ways they're not paying attention. nancy pelosi might say, look, let's change the subject on inflation. nothing to see here, move allonge. let's change the subject on immigration. let's change the subject on successful call from afghanistan. fill in the blanks but pretty soon you're not going to be able to change the subject. the subject is the subject. stu: it's really good stuff, mike. really good stuff. >> i don't know what it meant exactly but you set me up so well i felt like i had to say something stu: you have a great voice and you flow. we'll be watching tonight your fox business prime show "how america work ws".
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that's at 8:00 tonight. >> that's the lead in for the -- stu: all new episodes of my show at 9:00, american built. sorry, mike, here's a preview of my show, roll it. >> that hurts. stu: unbridled ambition. >> he wanted to create the tallest building in the world and wanted it to be taller than the eiffel tower. stu: fearless workers. >> i t they had chain wire netting. stu: redefining the manhattan skyline. stu: how they built the chrysler building.ing. stu: it's astonishing what workers did back then. 8:00 p.m. tonight, how america works, 9:00 p.m. american built. watch both of them right here on fox business. >> i tell you what's astonishing, briny me on your show as a guest to run a clip of your show tonight. i'm your lead in, i'm toeder, a christmas ham. a meat bag. stu: never trust a florida son.
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listen to this, climate activists coming after prince william and say his plans to develop a new neighborhood will reek havoc on the environment. wineries in california getting some relief. the state's lowering their wild fire insurance rates after premiums skyrocket yet we have that report from all places, a winery in malibu. we'll be back. ♪
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that is mount shasta in california. only 38 degrees. the governor of california, newsom, says if he is reelected, he will finish out his four year term as governor. ashley, what does that mean for his presidential ambitions? >> he doth protests too much me thinks to quote. he has eyes on the white house and newsom denied those ambitions and vowed to serve out his full four year term if reelected governor and that said, newsom barely campaigned in california. instead spending money on ads and challenging republican leaders in florida and texas. potential opponents in a presidential election, mere coincidence. he said he's barely left the state and he's expected to easily win a second term as governor. i don't know how much i read into that, stu.
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stu: me either. now, california wineries about to see relief for wild fire insurance. kelly o'grady is there. i feel like there's got to be a catch, is there? >> reporter: yeah, actually some may not be able to get insurance at all. that's the bigger issue. but just to give you a sense of what that program might look like, you would get potential discounts for sky high premiums and it would be the first of its kind, a program of its kind in the nation that would reward the business owners for reducing their wild fire risk and so some steps you might have to take would be clearing brush and debris, installing fire resistant vents, identifying evacuation roots and a risk score and depending on the discount and size of the vineyard and susceptible to fires, those improvements could cost you as much as original premium and i want to underscore how tough that is for the $46.5 billion california wine
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industry, 12 of the tom 20 -- 13 of the top 20 most destructive fires were in this area. we're at a beautiful vineyard but it burned down in the woolsey fire in 2018 and the owner said the insurance increase has been astronomical for some. >> there are some folks that have obtained private insurance. if they are extremely well healed because the numbers that are back or ensuring are shocking. tens of thousands of dollars per year. >> reporter: now, back to the catch you mentioned, forget about potential discounts and the bigger issue for the folks here in malibu is most can't obtain at all and most pulling out because of large volume of claims and leaves vineyard owners forced into california fare plane and the house and not vineyard and makes rebuilding a daunting task and the owner said
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they're focused on working with the community and mitigating it and getting excited about the discounts and i heard your interview with mike rowe and he'll talk about fires on 8:00 p.m. special and definitely tune into that, viewers, if you want to learn more. stu: got t kelly, thank you very much indeed from a winery in malibu. the dow 30, please. sense of the market. this looks good. dow is up exactly 300 points and about three quarters of the dow 30 are in the green. that means they're up. thousands of protesters demanding britain rejoin the european union. what? i wonder what nigel farage thinks about that. he led the brexit movement. nigel is next. ♪
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symptoms develop or worsen. serious allergic reaction may occur. best move i've ever made. ask your dermatologist hi, i'm denise. i've lost over 22 pounds with golo about co in six months and i've kept it off for over a year. i was skeptical about golo in the beginning because i've tried so many different types of diet products before. i've tried detox, i've tried teas, i've tried all different types of pills, so i was skeptical about anything working because it never did. but look what golo has done. look what it has done. i'm in a size 4 pair of pants. go golo. (soft music) stu: the greens are coming after prince william. theyment him to cancel plans to build a new "sustainable village" in england saying it would damage the natural ecosystem killing lizards and butterflies. people involved in the project say they'll create new wildlife
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habits and use low carbon materials to build 2500 new homes. the prince dragged into the environmental discussion. staying in britain, thousands of protesters are calling for britain to rejoin the european union. what? the former leader of the brexit party is nigel farage joining me now. are things so bad in britain they want to go back to bureaucratic socialism of europe, nigel? >> they never ever gave up and bbc and financial times and many metropolitan elites never accepted the result of the referendum and now because of absolute chaos, a total failure of leadership from the conservative party and a declining economy, they've got the narrative that it's all going wrong in britain because of brexit, of course what they've not done is look at other european economies that are doing even worse than we are. but there is a problem here, and that is that boris johnson
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talked about this-on ready -- oven ready deal with the european union and didn't deliver on it. there's a lot of people in business and elsewhere not seeing the benefits they thought would flow. yes, we're self-governing but we're being governed very badly and that's the problem. stu: that's a good line there. rishi sunak is the next prime minister and the others withdrew from the race. nigel, what can we expect from prime minister sunak? >> goldman sachs, a globalist and man who took tax levels to the highest since the postwar labor government since 1950. no sense of humor, dull to the point of almost being lifeless, incredibly wealthy, very privileged, once told a tv interview he didn't know any working class people. and the thought that he's going to go to those former labor seats in the old mining areas and the old industrial areas, the areas that voted for brexit party, the areas that voted for
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boris johnson, the thought he's going to hold those seats at the next election is for the birds. conservative party have lost the next election already. it's done, it's gofer. stu: from a distance and i'm from a distance, it seems like the conservative party is finished. >> it may well be. political parties have doubts but we have a conservative party that's become so big state, so high tax, so pro, open door immigration that many are questioning what it is actually for and i have to say, personally we've reached the point where i think it needs to be replaced. the question is how. stu: what policy do you think prime minister sunak will stick with? can you name a economic policy he'll put in place? >> oh, he absolutely is going from the first of april next year to put up corporation tax on businesses mostly small businesses by 30%.
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it's going from 19 -- stu: what? >> yep, from 19% to 25%, that's almost a 30% rise in the taxes that small business pays. it literally is an assault on the self-employed, on shopkeepers, people running plumbing businesses and this from a man, as i said at the start of this, that worked for goldman sachs. the globalists between him and a guy called germ jeremy hunt, who is now our chancellor, there's been a global coup over the course of the last few weeks and for that reason, you may as well vote labor because frankly there's no real differences. stu: what's the difference? why not vote the other guys. good lord. nigel, your head must be exploding. might have to get back into politics. >> i know. stu: come and see us in new york. still a good place. we have a new poll and shows who hispanic voters in florida favor in the gubernatorial race.
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ashley, who is it? ashley: the incumbent ron desantis, stu. it was a poll of those hispanics likely to vote and of those 51% said they'd vote for desantis and 44% for charlie crist and those questioned said they supported the governor's handling of the covid pandemic, hurricane ian response, housing and insurance issues and, yes, his recent relocation of migrants from texas to martha's vineyards. amanage the independents, desantis was slightly higherly favored than the overall average with 56% of those polled saying they'd vote for desantis and see that poll there, 51-44%. in term was who would cross party lines in the election were to be held today, 6% of democrats say they'd choose desantis while just 1% of republicans said they would support crist so encouraging numbers among the hispanic
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america? okay, you first, ash. >> it's a good question. i'm going with three, 1902. stuart: i'm going to go with 1888 on the grounds, there weren't cars around. it is not. 1895. how about that? here is the story. six vehicles raced from chicago to evanston, illinois. it took the winner 10 hours to get there. the average speed was just 7.3 miles per hour, 1895. my how times change, ash. how about that? >> yes indeed. takes about the same these days because of road work. stuart: that is so true. we'll close it out with the dow industrials on the upside this morning. there you go, we're up 397. i call that a solid rally. neil, see what i do for you. it's yours. neil: i appreciate that, stuart. let's take a look what is going on with the market. the dow up 400 points.
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