tv Varney Company FOX Business November 2, 2022 11:00am-12:00pm EDT
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people remember ads with young people having a good time. so to help you remember that liberty mutual customizes your home insurance, here's a pool party. ♪ good times. insurance! ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >> i think it was one of the worst mistakes we've made in half a century. very few lives were savedded from lockdowns, and we're going to pay a price for 40 years. >> when the commander in chief is stumbling and bumbling, it sends a message around the world that america is weak. it's teenagers for our national security, for the -- dangerous for our national security, the stock market, our economy, you
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name it. >> we've got to go through some pain economically and with the markets. the economy really hasn't felt the fundamental -- full effect of the fed rate hikes. by about january, february of next year is when you're going to really start feeling it. >> they need the jobs market to cool off, they need demand destruction, and they need a recession. i think it's dangerous to be fully invested coming into today betting on a pivot from the fed. ♪ i feel gooded today ♪ stuart: feel good with. what is it? >> i don't know. stuart: mark tepper's a youngster, is and he doesn't know the name of this song -- >> and i like thomas roett, i just don't know this one. stuart: the statue of liberty, and tepper's with me for the hour. the markets, red ink but not much. everybody's waiting for the big fed announcement this afternoon.
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it comes at 2:00. now show me big tech. all of them are down. how about that? every single one of them. microsoft, alphabet, amazon, meta on the downside. is that a because -- no, it's not -- the yield on the 10-year treasury is actually down. maybe i thought the yield had gone up, but no, i've got it the wrong way around. yield's down on the 10-year, 4.03. tech stocks also down. and now this. the president held a campaign rally in florida last night. it did not go well. he said when he took office, the economy was in ruins. he blamed trump. that is laughable. under trump we had a world-beating economy. it was the pandemic lockdown that hurt us. he said 10 million jobs had been created since he took office. that's wrong. he didn't create these jobs, they just came back after the lockdown ended. i guess when you're trying to run on the economy expect economy isn't doing well, you
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just make it up. now look at this. "the new york times" picking up on the gaffes he made last night. it's not like "the new york times" to be critical of a democrat president a week before a crucial election. he confused the war in iraq with the war in ukraine, he misstated how his son, beau, had died, and he said he went to a historically black college, delaware state. he didn't. he went to the university of delaware. the times also reports frustration amongst senior democrats. they're worried about the kitchen table strategy, it's just not resonating. say that again. republicans have momentum. they've got the momentum. biden's performance will not help. six days til the vote. the third hour of " varney" starts right now. ♪ ♪ stuart: jason chaffetz joins me
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right now. jason, i've got -- i'm sure you've heard this, but this is significant. tonight the president holds a speech on democracy. it'll be from union station right near capitol hill. his senior adviser says it's near the capitol because, quote, that's where there was an attempt to subvert our democracy. sounds like he's trying to change the subject at the last minute, pivoting to january the 6th. i don't think it works. what about you? >> no, it doesn't work because most every time the president speaks, as you talked about in florida, it's just a gaffe machine. and he's not talking about the issues that people care about when they go to the to polls. you know, i think the big question, stuart, is the cognitive decline that we see on a daily basis displayed by the president. is it cognitive decline, or is he just flat out lying? when he starts talking about his personal issues like where his son died, where he went to college, is he lying about that,
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or can he not, flat out can't remember? that's the question that the media has not yet asked. stuart: i think it's cognitive decline. honestly, i am unwilling to use a harsh word like lie. i think that's been used far too much. at worse, it is horrible spin. that's how i characterize it. not -- >> but the difficult part is, and some of those were impromptu, and i think that does go to the cognitive decline. where i have a fundamental problem is where he spews things about the economy, the price of gas, and he's reading the teleprompter. is he making an on the decision -- on the fly decision to just change what's going on there, or is it written in the teleprompter to desteve the american people? deceive the american people. that's a real problem. stuart: that's a fair question. the cook political report shifted 10 house races towards
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republicans. all of them in districts biden won by at least 8 points in 2020. jason, momentum is clearly with the republicans. inescapable. >> yeah, inescapable. you'd much rather be a republican, and you wouldn't trade positions with the democrats on almost every single race across the country. the democrats are fumbling it. look, they've had the house, the senate and the presidency. you ask yourself, what is their plan to tackle inflation, to drive down the cost of energy, to deal with illegal immigration and crime, and they don't have a single answer. none that anybody can repeat time and time again. and if you're a voter going into the booth, that resonates with you because republicans actually offer an alternative, and they offer policy solutions, and that will do well next week. stuart: do you think the republicans sweep the senate and the house next week? >> i do. i think it was up and down. i think the early on in the year it was certain then, it was
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uncertain, but i think over the last two weeks look, lee zeldin, i think, will become the governor of new york, and i think they'll have upsets like tiffany smiley out in washington state taking out a long-term democratic senator. they're having to spend millions of dollars where they didn't think they were going to have to spend money. i think they take the house and the senate. as well as some i key, key statehouses and, certainly, golfships. -- governorships. stuart: jason, i suspect you really do, deep down i think you miss politics. >> i don't miss being with my family. [laughter] i like the fight. i like joining you talking about it, but -- [laughter] yeah, i like the balance in life. stuart: look, it's good to see you, jason. come bag soon. see you later. >> thanks, stuart. stuart: to the markets, please. mark tepper is with me for the entire hour. all right, mark, a little history here. >> yep. stuart: i believe that in the 12
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months after the midterm elections, the market has gone up every single time -- >> yes. stuart: -- is since 1942. >> that's not too shabby. stu, i've gotta tell you, after being a party pooper over the course of the last several weeks and, you know, raining on the bull prairkd i decided i was going to wake up on the right side of the bed this morning and come here with some positive juju for stocks. stuart: go ahead. >> we have not seen a negative year after a midterm since 1942. as of right now, the last fed rate hike is being priced in for next spring, so march, may, somewhere in that vicinity. in the 12 months following the last rate hike, stocks are up on average 10%. in the 24 months following the last are rate hike, they are up 25% on average. so maybe -- stuart: well, that's good. >> -- there's a little bit of light at the end of the tunnel, finally are. stuart: reach back into history -- that's a good point. the market goes up after midterms, and it goes up a lot
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after the last rate increase. >> yep. it starts to price in at least the possibility of a pivot at that point in time. stuart: okay. so today we get the rate increase announcement at 2:00, 75 basis points. and then what do you think after that? >> so it seems like a coin flip on whether or not december's going to be 50 or 75 basis points. i think it would be better if the fed just knocks it out as quickly as possible and does another 75 basis points because i, as we talked about last week, the fed if has an obligation to help those people who are struggling to pay hair bills, those people who are living paycheck to paycheck. they have to really crush inflation and make sure that those people are able to maintain their quality of life. stuart: you're with me for the hour, just tell me now, what are you putting your clients into bigtime now? >> so, look, it's a stock picker's market. all individual stocks, the the indices, the index investing
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that's worked in the past, there's too much exposure to mega-cap tech. names like ax, no for an for example -- axon, do we have time? stuart: who are they? >> they do, like, body cam surveillance for police officers. so i think there's bipartisan support that we would like to make sure that law enforcement is acting appropriately. stuart: that's very smart. axon? >> yep, a-x-o-n. stuart: stay there, please. i want to look at some of the movers. in particular, amazon. lauren, they've not been doing well. lauren they're down six days in a row and down 20% in five trading sessions. stuart: 20% in five sessions? lauren: correct. and bloomberg is now reporting they're freezing hiring in their all-important and profitable advertising business. why would they be doing that? to respond to this slower pace of sales growth. still growing but at a slower pace, and that's a trend that we've seen among big tech and
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virtually every company. still growing, just slower. stuart: it's a shock to see a stock like that down 20% in five days. stuart: 12 -- lauren: 120 just a few days ago. stuart: pararah mount. of. lauren: their advertising revenue declined by 2% in the quarter. it declined more in their biggest sec -- segment, which is tv. contrast that to what we reported yesterday on fox, right in as spending grew because of political advertising on television and other reasons. i just thought that was a nice youngs that pox -- juxtaposition. paramount down 11%. stuart: electronic arts, way up. lauren: yeah. and there was nothing spectacular in their report card until just a few weeks ago, fifa 23 came out. and if that's the catalyst. it actually had the best launch
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week out of any game in the entire fifa series, and that's probably going to go up because the world cup is next month. stuart: i must try one of these soccer video games. >> i prefer madden football, but for you i think fifa would be the answer. stuart: what was your report yesterday on video games? lauren: you've never played with your grandsons any of these video games? >> super mario brothers at least? stuart: activision blizzard, they came out with -- lauren: modern warfare 2. stuart: right, right. brought in $800 million in a few days. lauren: three days. stuart: how about that? that's astonishing. ladies and gentlemen, it's time for the government to ban tiktok, that's the warning from fcc commissioner. it's moving the social media stocks. we'll tell you about it. ban tiktok, how about that? nearly 40% of voters want to know their candidate's stance on crypto before casting their ballots.
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by the el paso times and shows those border patrol agents, as you can see, approaching the group including that man holding that massive venezuelan flag. they were trying to cross illegally on monday. the federal agents are seen forming that line along the border to push the group back. here they come. it worked. the crowd dispersed. the biden administration approved a measure to expel the migrants from the u.s. if they have enter the country illegally at the southern border. what a concept. some e-mails obtained by the heritage foundation's oversight project shows department of homeland security officials describing a pretty tense meeting when dhs secretary alejandro mayorkas create visited the border in yuma, one agent reportedly had his back turned to mayorkas the entire time while others described the meeting simply as rough. stu, back to you. stuart: i can only imagine.
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thanks, ash. texas congresswoman mayra flores is with us this morning. congresswoman, do you think the open border helped you win your special election this year? you're a republican. finish. [laughter] >> well, what helped us win the special election, it was our hard work and that we were focused on what matters to south texas and to the american people. they're focused on the economy, inflation and border security. we won border -- want border security. i believe that border security shouldn't be political. i don't want what's happening at the southern border. it's a humanitarian crisis. our border patrol agents are exhausted, and they're not able to stop the drugs and the terrorists hard coming in because they're focused on the humanitarian crisis that is happening right now at our border. and the constant, you know, disrespect from this administration against our border patrol agents is really uncalled for. stuart: the republican candidate for governor of arizona, kari
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lake, says, if elected, she would say we're being insaided and transfer -- invaded and transfer authority from the if border from the feds to the state. would you like the same kind of thing in texas? >> we want border security. that's what we want in this country. we want a secure border. what's happening right now at the southern border and in our country is just unacceptable -- stuart: well, how would you control the border? how would you get security on the border? if the republicans sweep -- >> it's easy. it's easy. stuart: what would you do? >> we focus on the policies that were working. we enforce the laws. we don't have to make new laws, we already laws. stuart: build a wall? >> we have to enforce the wall -- the wall had been in south texas prior to trump. the wall had been here before, so in my district -- well, in my district the wall has been there are. and the wall right now at this moment, you know, it's not
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stopping these immigrants from coming in because this administration has policies that encourage people to come here to the united states illegally. so we need to change the policies and enforce the laws that we already have in place. we need to put back in place the remain in mexico. we're just not enforcing our laws. we're not allowing our border patrol agents to enforce the laws that they took an oath to do so. stuart: okay. you were elected to congress, but you were not allowed to join the congressional hispanic congress. you're the first mexican-born woman to serve in congress. w450eu67 why were you rejected from that caucus? >> well, i guess me being the first mention cab-born congresswoman -- mexican-born congresswoman wasn't good for them. i i guess i just wasn't the right hispanic. i stand with strong conservative values. i was raised to always put god, family first, and that's not what they stand for. they stand against everything the hispanic community stands
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for. and it shows. it sew shows their true colors. and i just want to work, you know, with both sides. i believe that it's important that we do work on border security together. i think it's important that we build a better economy together. i believe that we need to start working together. there's a saying in spanish -- [speaking spanish] meaning talking, us talking and working together. that's how we're going to get things done. and right now we're just so divided, it weakens us as a country. stuart: o.k.. you want elon musk to bring twitter's headquarters to texas? have you spoken to musk at all? >> i've never had the opportunity to speak elon musk. i'm really grateful for all the investments he's done in texas and all the jobs that he's brought to south texas. he's helping so many families especially right now with us hurting because of the biden inflation and the economy. so i'm really grateful to him for bringing thousands and
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thousands of jobs to south texas. twitter in brownsville or hardling en, why not? that would bring thousands and thousands of jobs to south texas, something that we need here. stuart: that would be a very good thing, for sure. congresswoman maya flores, thank you very much for being with us. >> thank you. god bless you. bye-bye. stuart: market check. still plenty of -- no, not plenty of red ink, there's some. dow's down 50, nasdaq's down 109. don't like the look of that, that's # % lower. the big announcement, 2:00 this afternoon, when we find out how much the fed is going to raise rates. we'll find out at two. social media stocks popped after fcc commissioner brendan carr said the u.s. should ban tiktok. tepper's with me. do you support banning tiktok, ask if so, why? >> as a father to two teenage girls, yes. i'd love it for that reason. obviously, the ccp has their
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fingers in that, and they have access to data. and it's the data of the youth, of americans -- of america's youth. so i to think it's an issue. one interesting thing i saw two days ago is elon musk, obviously, as he has now taken over control of twitter, he tweeted a poll, and there were 5 million votes that came through, should twitter with bring back vine. and vine was kind of like tiktok before tiktok was actually invented. so maybe he ends up bringing that back because 70% of the 5 million people that voted want it brought back, so maybe that becomes the new tiktok. stuart: can he charge for vine? >> no, he's charging $8 a month or manager for twitter blue. stuart: it's a perk you will get? >> you've got to get something for the $8. stuart: amazon's market cap closed below a trillion bucks yesterday for the first time since 2020, and we've just reported that amazon's stock is down 20% in five days. would you touch amazon at 95?
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>> i would. you know, if your time horizon's long enough, i see no issues buying amazon here. however, i think you'll get a better opportunity to buy it lower. the writing's been on the wall for at least the last three quarters. if you've looked at the gdp prints as they come out and you actually look at consumer spending, consumer spending has been positive over the last three quarters, but it has been negative when it comes to consumer spending on goods. so consumers have shifted their spending preferences over to services. a lot of pent-up demand in travel. so the writing's been on the wall. stuart: so you wouldn't touch it until it goes a little bit low lower. >> i think it's got further to drop. stuart: would you buy it at 90? >> i'll nibble. [laughter] stuart: a new poll shows 71% of voters think the economy's heading down the wrong path. the economy looks like it's the defining issue in this election, and i think the republicans have the advantage here. we'll report on that. overnight the phillies take
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the lead in the world series. they swept the astros 7-0 in game three. we will show you the highlights after this. ♪ swing batter, batter, swing ♪ i've never been healthier. shingles doesn't care. but shingrix protects. proven over 90% effective, shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. ask your doctor or pharmacist about shingrix today.
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♪ philadelphia freedom, i love it ♪ stuart: philadelphia freedom by elton john, and is you're looking at philadelphia itself. by the way, the phillies won with, what was it, game three? took the lead. 7-0, as we say in baseball. all right. they'll be back on the field tonight for game four. ashley and mark, are you guys going to be watching tonight? >> i i am, for sure, stu. ashley: i will be, yeah. i'm still hurting that the dodgers didn't, after winning 111 games in the regular season, getting knocked out immediately by the padres. but, yeah, i'll watch sports anytime of the day. >> i need to be a party pooper again since i said i wasn't going to do it at the beginning of the show. every single time the phillies have won a world series, there has been a bad recession
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afterwards. 1929, the great depression. 1980, recession. 2008, financial crisis. and then the eagles, the philadelphia eagles, won in 2018, they won the super bowl x that was that year we had, like, a -20% fourth quarter. stuart: okay, so it goes back to history. [laughter] mark, the downer. by the way, mattress mac, you know the guy out of? he's got -- out of texas? he's got a $10 million bet that the astros win. if that's correct, he distributed $75 million, 7 to 1 odds, to his furniture clients, and they all get free furniture. only if the as toes win. >> nice guy. stuart: back to the market, sports fans. tell us where we are now, we are down 44 on the dow, down 106 on the nasdaq. there's plenty of red ink in advance of the fed's announcement on rates this afternoon. there were 10.7 million job openings in september. that's the jolts report.
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the number actually went up to 10.7 million. john lonski with me this morning, economist, by the way. that was a very strong number. what because it tell you about the underlying economy? >> the labor market is still tight. that being said, i'm shocked that we still have a relatively slow wage growth given the tightness of the labor market. wages growing by maybe no more than 5% year year-over-year and prices up by 8%. i want to add something else and that is you look at this jump in job openings, finish be added that about 75% of that increase in job openings from august to september came from low-paying industries such as leisure and hospitality, private sector education and health care. so it's great if you like to change beds or change bedpans, but otherwise perhaps the labor market isn't as strong as the headlines might indicate. stuart: well, after that strong jobs report, the jolts report,
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how can the fed if back off and ease off on its rapid rise in interest rates? >> the fed is not going to back off anytime soon. they want to have some definitive evidence that inflation is receding. you know, mark was talking about a drop in consumer spending on goods, and i think we're also seeing a softening of price inflation as it relates to goods. there's talk that even new car prices are not growing as rapidly as they did in the past. that's a promising sign. the worry knob is in services, health care services and, of course, rent. stuart: so the economy is going to slow no matter what because the fed will keep raising rates, and they'll keep raising rates until they've got the economy and inflation under control. that's a pretty grim outlook. >> it is not a good outlook, and i will have to tell you, you know, the consensus is now predicting back to back declines by real gdp first and second
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quarters of 2023 which tells me the phillies are going to win the world series, by the way. [laughter] the idea is, you know, looking forward next year real gdp growth at best comes in at one-half of 1%. the consensus is looking for a rise by the unemployment rate to 4.5% by the final quarter of 0 -- 2023. recently it's at 3.6%. so there is pain in the pipeline because of fed rate hikes, higher mortgage yields as well as in the reduction in the purchasing power of earned income. stuart: but once we've reached the point of peak pain, the market rallies because the fed see peak pain and ease off. >> exactly. stuart: is that right in. >> and peak pain is exactly that, it tells us things will get better in the future. we've seen that in the past with that horrible recession of 2008-2009. the market began to rally well before, three months before that recession ended.
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stuart: real fast, we see amazon's stock -- i'm not asking for a comment on the stock. the stock is down 20% in five trading days. that suggests to me that consumer spending this holiday period is not going to be very strong. what's your outlook on that? >> i think you're going to be proven correct on that point. holiday season -- holiday sales shopping, that's going to be a disappointment just as back to school shopping was. you know, the only strong point we have in consumer spending right now is spending on motor vehicles. and, of course, that's because that spending had been suppressed by a shortage of inventory earlier this year. i think -- i believe in the month of october unit sales of cars and light trucks will be up by between 5-10%, and that's where all the strength in consumer spending is going to be coming from. outside of that it's east going to be lack -- either going to be lackluster for services and perhaps a further contraction by consumer spending on goods. stuart: it's great to have you
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on the show this morning, john -- [laughter] >> well, you know, the cycle -- stuart: you tell us how you see it. >> like gloria gaynor, the cycle will survive. we'll is have a down turn, but it'll go up again. >> thanks, john. stuart: here's something i just can't believe. rerack that prompter. i can't see it. thank you. cryptos are now a factor for voters in the midterms. ashley, i absolutely don't believe it. ashley: neither do i. back to you. [laughter] a poll shows, the harris poll shows that 37% of registered voters claim they were taking into account candidates' positions on cryptocurrency issues, and 81% believe there should be clearer regulation of the industry. but when you break it down by age, 3 3% of adults younger than 44 think cryptocurrencies are a good place to put money versus 13% for older americans.
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non-hispanic, black respondents were the most supportive, calling crypto a smart investment followed by this % of hispanics and 18 -- overall, cryptocurrency has received a 32% rating as a kind investment. the top vote get for your investment was rental real estate with 43%. stu. stuart: all right. mark ten tepper's -- tepper's still with me. i think there's a difference between investors expressing approval of cryptos and voters saying that crypto is taken into account. do you see what i mean? i can't believe it. >> i would agree with you. i found this story to be, you know, justin incredible. i mean, 33% or whatever the number is, they think candidate stance on crypto is important? i mean, crypto, when you think about it, it's probably the
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biggest beneficiary of all the stimi checks from the pandemic, right in the liquidity that rushed into the economy, a lot of it went into speculative assets like spacs and crypto. and i don't feel like there's a lot of hyper-buzz surrounding crypto right now. stuart: i haven't heard it mentioned this election campaign period, not once, until i just did there. thanks mark. now this, the powerball jackpot is now $1.2 billion. we'll tell you how much of that you have to pay in taxes if you take the lump sum payout. a bright spot in the housing market slump. soaring mortgage rates could mean good news for your property taxes. we'll explain it after this. ♪ go big or go home. ♪ go, go! ♪ go big or go home. ♪ go, go! ♪
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♪ i swear, the world better prepare -- ♪ or for when i'm a billionaire ♪ [laughter] stuart: you're looking at jacksonville beach, florida, and we're playing billionaire, the song, because the powerball jackpot is now $1.2 billion. ashley, when's the next drawing? ashley: tonight. get your ticket. i know you won't, stu, but others will. it's the second largest jackpot in powerball history, fourth largest in u.s. lottery history. the biggest powerball, $1.58 6 billion, was shared by five winners back in 2016. if there's a winner tonight, the cash option after taxes worth an estimated $597 million or close to. half of your winnings go in taxes. if you want to go with the annuity over 30 years, you'd have annual payments of around $40 million, but that would be before taxes, probably takes it down to 24 million. yes, the odds of winning are 1
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in 292 but also depends where you live, i should say this, because some -- only 8 states in the do not levy state taxes on lottery winnings, and that would include florida, thank you very much, tennessee, texas. the most taxes? give you a guess, number one, new york. go figure. [laughter] tooth of course ors of course. i knew that was coming. hold on a second, ash. i want to ask mark tepper about buying a lot erie ticket. look, i don't like doing it, and i think the lottery is the most efficient way of taxing poor people. i don't care much for the that. what do you do? >> i agree. the cost of a lottery ticket the definitely is a tax on lower income people who are just trying to get ahead in life, right? they've trying to catch a break. higher income people tend to be more kiss palined with their money -- disciplined. they save in their 401(k)s, iras, they have of a game plan to get them into retirement and not to mention the fact it's very common that when someone
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wins a big prize like this and they take the lump sum, they end up broke five years later anyways. they blow through it all. look, if you win, or if the person that wins is watching this show right now, i know a guy who can help you with that. he's sitting right next to stuart varney. give me a buzz. stuart: by the way, if you're old, by that i mean over 60, and you win the powerball, don't take it over the course of your lifetime because if you die during the 30 years, the irs says all the tax is due and payable now. >> yep. stuart: i'm moving on. there's a bright spot in the housing market, and it's got to do with property taxes? madison alworth9 in new york for us. madison, homeowners see relief on their property taxes because of rising mortgage rates? i don't get it. explain, please. >> reporter: of course, stuart. you know i always got you. so essentially, what we're seeing right now i is the market is finally cooling down a little bit. those prices are sliding which coincides with those mortgage rates that are at really high levels, the highest in decades.
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with those housing prices sliding, that could mean someone who already owns their home can assess their property and get a lower property tax because now the entire market is worth less. i can continue and explain, but i do also want to bring in our tax expert. you have done assessments for homes for decades now. let's just start with the basics. what is the processes? >> the whole process is to make sure that your market value is correct. that's what it is. if you don't think it's correct, then you -- your property taxes. >> reporter: so we saw during the pandemic, people were paying so much over asking price, driving up the entire market. we're starting to see, we have a full screen with the five cities where they're starting to see the biggest decline. we're not yet at 2008 levels, but what is similar to 2008? is you did this also in 2008. >> correct. in 2008 the prices started coming down slow and then they crashed.
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and hopefully that doesn't happen, but it looks like that's what's happening because people way overpaid for their houses, and now their tax bills are way over and the interest rates are up there. something has to be relieved. so i believe the housing prices will come down dramatically probably within the next year. >> reporter: thank you so much. the reason why we're doing in the now is because if you want to assess and grieve your taxes, you've got to make sure to do it by the filing date before the next cycle, so something to be thinking about now. stuart? stuart: thank you very much, indeed. senator ted cruz calling out donald trump. he says trump is sitting on a $100 million war chest and is spending almost none of it on the midterms. former trump campaign guy david bossie is back, and he's going to respond after this. ♪ muck. ♪ if. ♪ ♪
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xfinity rewards is a program whose sole purpose is to say "thank you" with experiences big, small and once-in-a-lifetime. sometimes it's about cheering hard enough to shake the stadium! sometimes, it's as simple as movie night right here at home, on us. you mean the world to us. so we're bringing you closer to what you love. kinda like this. welcome to 30 rock! join xfinity rewards for free on the xfinity app today. our thanks, your rewards.
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first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. ♪ >> trump's got $100 million, and he's spending almost none of it to support these candidates. that is not ideal. when mitch mcconnell only
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spends for the moderates and anti-trump candidates, it would be nice if trump would spend some of that $100 million to help some of these candidates who mitch is abandoning because they're pro-trump. stuart: there you have it, that is senator ted cruz calling out donald trump for not spending money on the midterms. look who's here, david bossie, who is the former trump campaig. you still are a trump guy, aren't you? [laughter] >> well, i certainly support president trump and what he's trying to accomplish, stuart. and let me just say this, the reason that republicans are going to win next tuesday is because we're all on the same team, and we're not divided. and so what ted is talking about here, i think this is just a little bit of poor reporting and poor staffing, to be honest with you. president trump just recently, it's been well reported, has spent over $20 million of his 90 million on these midterms and spending seven-figure ad buys in
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nevada, arizona, pennsylvania, georgia, in these swing states. it's just simply not factual that he's not participating. and that goes on top of his tele-town halls, his robocalls and the rallies that he's doing that are incredibly expensive of. so he is spending an enormous amount of money and his own personal time to invest in these republican candidates, and that's one of the reasons amongst the many that we're going to win big on tuesday. stuart: yeah. a big theme on the show today has been the momentum that the republicans now have, david. we've got six days left. i think the momentum is unstoppable, and you've just confirmed that. how big a win do you think they're going to get, house and senate? >> well, it's a great question, and i will tell you this, stuart, we're going to win the majority back in both houses. what the numbers really are don't matter. but let me just give you my predictions. i think we go 53 in the united states senate, we're going to go
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+3. we're going to win everywhere across the country. and in a year the map doesn't allow it in the united states, and it's a big victory. in the house we're going to go with +30 or 32 right nowed today. there are laces coming on -- races coming online that people don't expect. we're going to have some democrats who are long-term incumbents that are going to lose. it's one of the reasons, stuart, that joe biden -- who is welcomed nowhere in america -- is going to be campaigning on election eve, monday night, in baltimore, maryland. the bluest city in one of the bluest states in the country, because he can't go anywhere. and he has congressional candidates there that are going to lose. rupert berger is going to lose in baltimore county to ambrose. neil patient is going to beat dale trone. morgan is going to beat sarbanes in blue maryland. we're going to pick up seats in the united states house of
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representatives. stuart: i've got to get this in. president biden, he's going to make a speech tonight close to capitol hill. he's going to be talking about democracy and presumably january the 6th. i think he's changing the subject away from the economy and inflation and crime and everything else. does it work? 30 seconds. >> of course it's not going to work. e they have, they're a broken record on january 6th, democracy and abortion. the american people care about the economy. the biden malaise, this misery index that you guys were talking about a -- on the economy, every single day the crime crisis, the border crisis and our inflation crisis is what is driving the american people, and that's why they're going to throw these guys out on tuesday. stuart: okay, let's -- only time will tell, david, as you well know. david who's city, thank you very much. -- david bossie. we'll be holding a special election day town hall. it will be in our 11:00 hour next week. i'll be talking to small business owners, parents about
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crime, inflation, schools, all the election issues. set your dvr now. that will be on tuesday, november 8th, 11 a.m. well, here we go, the wednesday trivia question. what percentage of the ocean has yet to be explored? i don't know what you mean by explored, but is it 60, 70, 80 or 90% unexplored? what is it? the answer after this. ♪ ♪ . .
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stuart: earlier we asked what percentage of the ocean has yet to be explored. 60, 70, 80, 90%. you first, ashe. >> they all seem high. i will go with0%, number two. stuart: mark tepper. >> this one is tough. i will go with 80% number three. stuart: i go with two, number 2. you're right, tenner. >> thank you. stuart: i'm not boeing, define exploration? come on. >> under the ocean? i don't know what that means. >> don't have to touch it to explore it. a bogus question. don't do it again, producers. there you go. market check. we're down across the board, waiting for the fed decision at 2:00 this afternoon. watch it here on fox business. hey, neil, it is yours. neil: thank you, stuart for that. we're waiting that decision two hours away. the betting the federal reserve will hike inte
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