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tv   Varney Company  FOX Business  November 7, 2022 9:00am-10:00am EST

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>> you're a dynamo, cheryl. inspiration to all of us in every way. >> cheryl, do those knee socks prevent shin splints. i'm asking for myself. >> there's rhonda. no, they're compression socks and they help -- maria: the copper fit compression socks? >> yeah, you see the commercials on fox business. they work. big shoutout to them. thank you to new balance for the shirt. i had every single mile yelling my name that didn't know me. >> amazing. >> congratulations. maria: congrats, cheryl. so proud of you. dagen, lee, great to be with you. see you tomorrow. "varney & co." begins right now. stu, take it away. stu: i shall. good morning. it is election eve. republicans are excited and democrats are nervous. rightly so. polls suggest that the gop takes the house with solid majority
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and senate with 51 or 52 seats, maybe more. if that's the outcome, expect gridlock in dc. in the governor's races, two big upsets possible. a group poll shows lee zeldin with a very slight edge over kathy hochul in new york, crime is the issue that dominates here. if deep, deep blue new york swings the republicans, the shock waves will run through the whole country. in arizona, republican kari lake has come out of nowhere with a three point lead over katie hobbs. if lake wins, she'll declare her state as being invaded and take control of the border away from the feds. that's popular. in response to the republican surge, the democrats are fear mongering. former president obama said democracy is at stake. james clyburn says democracy will be ending if the democrats lose. inflation, crime, border and energy and the democrats resorted to last mix scare tactics. we're onto it. and the president has come in again with a major gaffe.
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at a rally for hochul in new york was asked about drilling for oil and looked confused. he said there is no drilling, well, there is but not enough of it. press secretary jean-pierre had to walk that back saying the president's words were twisted. the stocks are up pretty much across the board and perhaps investors want gridlock in dc and dow may up 100 at opening bell and s&p up slightly 36 for the nasdaq. bitcoin hovering around 19 to 20,000 level. interest rates holding at what i'll call elevated levels. 110 year at 416 and two year -- at 471. how about that? gas prices have started to rise. regular has reached $3.80. that's up 4-cents in a week. diesel $5.33, up three cents in a week. not a huge gain but the trend is up. monday, november 7, 2022. the election week edition of
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"varney & co." is about to begin. ♪ ♪ stu: love the song. put it up on the screen. everybody back street. can't see the relevance of that or whatever. glad to be back. yes, i'm glad to be back. thank you very much, everyone. i've been away for two days. lauren: i'm just lost. stu: fair enough. stu: the final push is on, election day tomorrow. former president obama has been on the campaign trail for vulnerable democrat candidates. good morning again, lauren. lauren: good morning. stu: what's the closing argument? lauren: he told a crowd in philadelphia look past inflation because republicans want to end democracy. >> i understand that democracy might not seem like a top
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priority right now, especially when you're worried about paying the bills. we've seen throughout history, we've seen around the world. when true democracy goes away, people get hurt. they have real consequences. governments start telling you what books you can read and which you can't. reporters get locked up if they're not toeing the party line. corruption reigns because there's no accountability. lauren: that's extreme. stu: what? lauren: republicans are the party of free speech last i checked. and it's not just president obama saying this, clyburn called republicans the party of hitler on fox news sunday. stu: he came right out like that or just compared it? lauren: compared but it was stark. he said the end of the world is not here if republicans win congress, but compared the party to the party of hitler. lauren: oh dear. stu: bring in the political guy
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in the first hour block of our three hour show. it's a scare tactic, will it work? >> no, voters are focused on economic issues, they're focused on the crime issue, and the biggest challenge for democrats is not just the enthusiasm that republicans have and now election day when most republicans like to cast their vote, that time is now come, you also have independents overwhelmingly favoring republicans by double digs and think about how much biden turned this around for republicans. we were down 43 points with suburban independent women last cycle. we're now winning them by double dims. stu: what's your prediction for the house and senate? >> 250 in the house, which will be the most we have ever had since 1932. stu: that's a landslide. >> it is a landslide. you're going to see -- and the most diversed republican caucus we've ever had whether it be men and women like george logan up in connecticut, we could go through the country. stu: how about 250 republican seats in the house, what about the senate?
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>> 53 or 54 in the senate. stu: that's another landslide. >> it is. stu: what would they do with that majority? >> hopefully govern as we were elected and focus on the crime and inflation issues we were supposed to be doing. stu: trump called him de-san antonio moanous. where's the unity here. ? >> what do you have against mike pompeo and nicky haley and all the other candidates. what if brian kemp and lee zeldin have big victories tomorrow. they'll have to be contenders for 2024. what this all speaks to and your question is the enthusiasm that 2024 brings. it is gob that be the weekly drama and excitement of success and game of thrones combined. stu: do you think the republican
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party will nominate donald trump for the 2024 election? >> too early to tell. stuart, who all is running -- stu: you're in the middle of politics. >> giving you the republican view. sense of the party is we want joe biden gone and we'll best determine who can do that. the last time a new yorker former president ran for office a second time was theodore roosevelt and chose to run as an independent and ensured the election of the democrats and what the former president has to do is say i'm running as a republican and i'm going to either get the nomination or not but i'll not run as an inexcept. stu: david, thank you for being here. very important day. appreciate it. now to the markets, historically stocks have rallied after midterms. is that -- what's expected this time around? lauren: two complicated factors this time. the fed and divided government means if republicans take control, there is certainty that
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legislatively nothing gets done. no tax hikes, no new climate rules but status quo. in the 16-quarters of a presidential cycle and fourth quarter and the first two of the next year, s&p 50 gains 6.6%, 7.4% and 4.8% in those three quarters on average going back to 1950. stu: okay. lauren: the question investors in my opinion are asking right now, what is more important to the markets right now? is it the midterms tomorrow and what happens after or cpi on thursday? stu: good point. the inflation rate is of paramount importance to the markets. let's bring in the market watcher in the first block of the show this morning. is a gop win good for the markets and if it is, in what way? >> i think t that the historical divided market rally is good for markets and in this particular
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election, overwhelmingly gom victory would indicate a country still in love with free inter-surprise. still in love with the ten dents of a market economy and one party is more favorable to the rhetoric and philosophy of free enterprise and one party, the democrats, has certainly gone away from that direction. now, if you end up winning the house and not the senate, that's more of a divided situation, it doesn't give that overwhelming indicator i'm looking for. there's not a lot that hasn't happened policy wise and democrats have the white house, divided government just sort of keeps you in gridlock and gridlock can be food. i want to see a national outpouring of enthusiasm for free inter-surprise and that's the key for markets. stu: bernie sanders no longer the chair of the senate budget committee, that would be good too i suspect. you've always been our dividend guy, david, what do you have for us today? >> well, it's funny you mention bernie sanders, the budget committee and there's another
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committee in the senate which is the energy committee that approved projects. i have a dividend picked today that i've talked to you about several times, umi. it's a midterm energy etf. if the republicans get back control of that senate committee, they can start approving more projects that so far have been held up entirely. i really like a 5% dividend yield and it's up 21% on the year plus the 5% dividend yield and we now web more favorable in the energy, you know, overall strategy in the country. stu: you also pick out cardinal health. >> yeah, i wanted to bring it up because we're in earning season and they released on friday, they were up 5% on friday and they're just all of a sudden really making new records with revenues, they're a distributer around pharmaceuticals that have a great business model and you may not like that the current yield is only 2.5% but i like that the growth of that yield is 10% per year.
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stu: okay. umi and cardinal health, we'll take them. david, thanks very much indeed. now, developments at twitter over the weekend, elon musk made significant changes. lauren: two, the $8 a month for verified blue check mark that's pushed back to wednesday. there was concern if users would pay to impersonate officials that could potentially show political discord ahead of tomorrow. change two, elon musk asked some of the 3700 people fired to come back because he'll need them to build out these new features so i would say in a nutshell, pure chaos. stu: that's exactly right. lauren: pure chaos, what is going on. stu: you fire them and they're asking some of them back. lauren: he's asking really fast because twitter is losing $4 million a day and don't have the support of advertisers and have to do it organically. stu: that's his style. jump in with both feet and get started now. do it, do it.
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lauren: he's not afraid. >> no, he's not. let's check futures and at the opening bell, up, not by much but 100 points up for the dow industrials. former president clinton thinks lee zeldin is exaggerating the surge in crime in new york. >> he makes it sound like kathy hochul gets up every morning and goes to the nearest subway stop and hands out billy clucks and baseball bats to everybody that gets on the subway. stu: well, okay. you have to point out here that subway killings have indeed skyrocketed to the highest level in 25 years. better make that point. former president obama says biden has "repaired the economy". really? steve forbes takes that on. steve is next. ♪
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♪ stu: it's 69 degrees right there right now. take a look at futures heading towards the opening bell. i see green, not a lot of it but up 118 for the dow, 45 for the nasdaq. gas prices top issue for many voters heading to the polls and prices up 38-cents in the past 12 months. madison al worth with us. how much are prices up in the last month in new jersey?
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>> prices in the u.s. are up again despite what the white house is saying and president biden tweeting out yesterday the most common price of gas is at $3.19. a lot of people took issue with that tweet because normally what site is the average price of gas, that's normally a better indicator of what the average american is paying. ing when you take a look at that the average sits at $3.80 nationally. that's compared to $3.43 a year ago. the president continues to neglect domestic production of energy in the final push for the midterms, president biden rallied for kathy hochul in new york this weekend promising "no more drilling". this after he propsed to shut down -- promised to shut down all coal plants in the u.s. and replace with wind and solar doubling down on what's driving up those prices. senator joe mansion in arms following the statements responding in part by saying "it
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seems his position changed depending on the audience and politics of the day. politicizing the prices are only bringing more pain to the american people". voters want sensible solutions and don't want wallet and energy to be part of the political game. >> we need energy, period. let's get it in a sensible way. that's my point. >> if they want to get rid of it, they have to do it like she said, slowly and do it right so there's not a million mistakes. >> reporter: stuart, you can tweet what you want but people see what they see and feel what they feel at the pump. you go and here at this pump. they're seeing $3.87 not $3.19. stu: former president obama trying to defend president bind's economic performance. watch this please. >> think about what joe biden
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has already got accomplished despite a historic pandemic. he restored the economy and kept unemployment low, which by the way you should not take for granted because a lot of folks thought with a historic pandemic like that and the shut down that we would potentially go into a great depression and we did not. stu: steve forbes has a few things to say about who repaired the economy. what do you have to say, steve. good morning. >> well, if i got in trouble i'd want obama as my defense attorney. looking at the state of the economy today, it's going in a bad direction. third quarter, final sales is what economists look at and the jobs report and household survey that better measures small business down 368,000 so it's going in the wrong direction. the unemployment situation, when things get tough and sales fall down, that'll change dramatically. nice try, not going to work. the thing about inflation is every time you go to the super
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market, each week some new item goes up. it's not all at once. you keep getting shock after shock after shock. stu: every time i go to the super market, which is not frequent but occasional, every time somebody standing next to me at the checkout line is saying look at this. look at this. eggs or bread or whatever it is. i know that's anecdotal but inflation really hits and hurts. everybody knows it. >> yes, item by item and as you say, this week this thing, next week next thing. so it's constant. stu: during a speech on friday, president biden claimed he'd shut down all coal plants in america and manchin call that had outrageous. why isn't he a republican, steve? >> we've been asking that for four or five years. they forget 20% of our electricity comes from coal fired plants and we have the cleanest coal in the world, and we do need more energy. you know, high-tech for example
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is a veracious appetite for energy and oil and gas, we have it here. why are we begging venezuela for it. it. stu: the president just said no more drilling. that's what he said. no more drilling and being heckled by a green activist. no more drilling. we're not drilling is the exact words but he was completely wrong on this. >> absolutely and that's why one of the first things republicans will do when they take over in january is put in legislation. opening up federal lands and let joe biden try to veto that right in the middle of win winter. stu: that would be a good idea. steve, steve forbes. people struggling to keep up with inflation. what is this about? lauren: uber said we have an influx of drivers because people need side gigs, preparing meals, reselling old items online and making old items and selling them and they're all popular now. see here, the cost of living
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outpacing wages by 3 percentage points. then this survey that finds around 70% of americans are pursuing side gigs just to make their money go further. that's a lot of people. 7 in 10 people. stu: lot of uber drivers tell me that. side gig, i can choose my hours. lauren: go out to dinner on a saturday night. stu: dow will be up about 120 points and we will be back.
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stu: three and a half minutes till the opening bell and looks like we're going up when wall street opens for business, up about 100 for the dow. keith pits with me this morning. kocks i want to talk about -- keith, i want to talk about meta and reportedly laying off thousands of employees this morning and stock at 93 right now. is that way overpriced? >> i think it's a $50 stock, stuart. the layoff that needs to come is from the very top. it needs to be zuckerberg himself put out to pasture or removed from operational decision making. stu: that's not going to happen. you think the whole concept of the meta verse, you'd think that is collapsing but not working? what's the problem? >> meta verse when used by companies like bmw and pets and model virtual environment and real environment is working very
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successfully but when it's used for entertainment and gaming and people want to live real lives and it's not catching on. >> i think it's messed up. it's coming from zuckerberg and trying to deflect and distract and keep all the attention of the woes. stu: you disliked or were very critical of jacker dorsey, now d your stuff and you like him, why? >> he's having a good case of adults and what musk is doing with twitter and there's a model here and dare i say, right here right now for the first time. i think the end game might actually be that elon goes ahead and buys blocks so buys dorsey a second time because if he builds a super app, he'll need payments and guess who has them and is having a case of adults. stu: susan is with me and rolling her eyes at that one but we'll pass right over it.
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>> of course she is. susan: i don't know where the money comes from and jack dorsey encouraged elon to take twitter private. there was some sort of support there. stu: susan taking you on. >> he'll position the block to be the payment mechanism for elon's new super app. stu: my old favorite, microsoft. awed generals please forgive me on this one but it's very important. microsoft now at $221. would you consider buying it at $220? >> yes, as a matter of fact i'll probably go buy some more this week. i think this company is not going anywhere. it's one of the world's strongest most widely held companies and customers won't leave no matter what. it brings people together from a
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software perspective. stu: amazon, it's down at $92. would you touch that? >> no, that got off my list in january of this year and we've avoided it ever since. i don't think that samson's coming back. stu: you trashed meta, trashed amazon but you have some support for microsoft and we're very pleased to hear that. keith fitz, thank you a lot. the opening bell is about to ring and we're going to start trading -- i'm going to call this election week. why not. there's an election this week and seems to be having some impact on the market. we're off and running almost. it's almost 9:30 on this monday, november 7. election eve as we like to say. all right, we're going to see green. the market is now open. where are we now? plenty of green. about, about two-thirds of the dow 30 are in the green. we just got a couple of losers including apple, which we will get to in a moment. s&p 500 opened to the upside,
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one-third of one percent and nasdaq composite opened nearly half of one percentage point and big tech open for business and all open except apple, which is down just a fraction back to 137. i want to talk about apple. >> you've seen the social media videos of workers fleeing a huge covid outbreak and threats of a lockdown. apple is conservative with guidance and they're quick to alert the markets if things aren't going 100% and iphone 14 pro and pro max shipments will be lower with customers waiting longer for top of the line iphones and it indicates and
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everybody is in agreeance and consensus that demand is so strong for the top of the line iphones that there's been a really long backlog to wait for those iphones. >> cutting price targets 144 to 154 for the tock and if you're up, that's pretty good. stu: that's very good. susan: better than most i'll tell you that. stu: we've been talking about meta planning to layoff thousands of workers. anything more on this? susan: look at stock price when you're cutting cost, looks like wall street seems to like it. thousandsof layoffs expected first time in meta's 18 year
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history and meta employs around 87,000 around the world and they've been on a hiring spree in the last few years and up to 20,000 new workers added over the last 24 to 14 months or so so no more nonessential travel according to this journal report and that's because of the meta wverse bet costing $15 billion this year and up to $20 billion next year according to reports. meta, if you talk to a lot of silicon valley vcs and watchers like i have, they're up to 87,000 workers is because they've been trying to hire people so their competition couldn't. silicon valley is in a world of pain so the high paying six figure jobs are gone. the startups lift a snap of twitter and we'll talk about later on. stu: tough times in silicon valley. now let's go to cost koenen. i love the store -- costco and i
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love the stock but wells fargo doesn't. susan: still getting the $1.50 hoes1.50hot dog and drink deal s too expensive and it's after the covid discount bulk buying boom and wells says costco worth $490 and world holding not buying and slowing and inflation consumer is hurdles ahead but still a quality name. discount bulk buying has been the right strategy during covid and attracting all the stu varney fans waiting for stars to walk through the front door. stu: mo morgan stanley is theirp strategist and predicting a gop win in the midterm. in your view, your view because we have other opinions around the table. your view what is a gop win mean for the markets? susan: historically we talked about this. midterms are probably the inflection point for the stock markets contraindication for cerumen removal -- markets; right? up 14 to 14% afterwards and
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strongest year in the first four years for presidents and the man that called the bear market this year, mike wilson said if republicans win at least one chamber of congress like the house, at least, that's a potential catalyst for lower bond yields and higher stock markets. that's enough to keep the bear market rally going and says a clean sweep by the gop will greatly increase chances of lower government spending, reductions of the budget deficit, that means lower yields, higher stocks, bulk case for s&p 500 to rally 10% to 4150 but sell if you see stock markets dim down to 3625 and cut off the bullish bets and the man that called the bear market right says there's ways to go. stu: we should get mr. wilson on the show. he's fantastic. the berkshire hathaway people reported over the weekend. susan: who can afford that, except maybe stu.
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stu: you buy fractions. fractio. susan: so 10 billion plus losses on investment and bustle buying back -- buffet buying back and can afford because he has billions on the balance sheet and only con sen straited in five -- concentrated in five stocks and this is the high conviction trade that buffet is known for. he only holds apple, bank of america, coke, chevron and ame. he's the largest holder in those. stu: trump's social media company digital atlas is surging. >> san: what i found -- susan: what i found interesting is it's up on the midterms, anticipation that trump will announce the run for 2024 next week, but it's so interesting that social media stocks are now
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proxies for politics and talking about twitter. look at dwac, anticipation of the possible merger with trump social and up 21%. stu: fascinating. susan: and meta too and the spending and political spending and advertising for the next few years as we gear up of course for 2024. stu: billions and billions and billions. susan, see you later. thanks a lot. check that big board, we've been in business for 6.5 minutes and up 90 points. dow winners at the top of the list, we have walgreens, boots alliance, boeing, disney, jp morgan and goldman sachs. s&p 500 winners. what's that top one? i don't know that one. lauren: not familiar. stu: merlot. nasdaq winners on your screen, walgreens, paypal, tech companies. cognizant.
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coming up, president biden says coal plants cost too much to omitter. operate. roll tape. >> not cheaper to generate electricity from wind and solar that be from coal. we're going to shut all these down across america. stu: no surprise, the white house is walking that back. fcc brendan carr wants to ban tiktok. can he do that? he's coming up on the show. labor surgery dodging blame for inflation. steven moore will have a go at that one too, right after this. ♪
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>> up 115 on the dow and that's nasdaq turnedfect ever so
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slightly so. stu: the administration's policies are note at fault for record inflation. edward lawrence at the white house. so, does mr. walsh say who is to blame for inflation? >> you know, he doesn't put a pinpoint on it for sure and repeating the same thing is pushing inflation and listen to the labor secretary on friday and he altered for the speech on saturday. listen. >> somewhere in. future, there might be a recession. i think right now what we're focused on is bringing down inflationary pressures and making sure we continue to move our economy forward. >> inflation is a problem. inflation is not caused by this administration. inflation not caused by the amazing work done and rebuilding the infrastructure in america. >> no denying where inflation has gone under this president the month he took office. he's been in the white house for
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22 months and the president asked for more time to get inflation in check and making the same ask for more than a year. president biden pointing to unemployment rate near record lows and reason to not be in a recession and very different from what voters feel every time they want to buy something or get a bill. here's the pitch from yesterday in his pitch from yesterday, he's saying what the administration is doing is working. >> we're shipping american products overseas instead of american jobs overseas. we've created 700,000 new manufacturing jobs and by the way, where the hell is it written saying we can't be the manufacturing capitol of the world again? i'm not joking. >> hecklers interrupt that had speech three times and at one point the president was telling the crowd he was going to end drilling. the white house since walked that back but energy costs led inflation to the 40-year highs and that happened last year. back to you. stu: the white house has to walk back a whole lot of things these
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days. but edward, back to you a bit later on. steven moore joining us right now. marty walsh claims inflation is not caused by inflation. go right at it, please. >> well, stuart, i'll give you two numbers, write these down. number one, inflation rate when donald trump left office: 1.5 possessor. got that? what are we at today? 8.3, 8.4%. those numbers speak volumings. with the average inflation rate in the four years trump was president was about 2%. something happened when biden came into office and i'll tell you exactly what that was, stuart. it was the avalanche of additional, we estimate $4.1 trillion of additional debt finance spending that was basically financed by printing money, and that's what caused this forest fire of inflation. nine months now, stuart, nine months in a row, we have an 8%+
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inflation. stu: how about the next nine months? you want to forecast the inflation rate well into the spring and early summer of next year? >> well, it depends a little bit, stuart, on what happens tomorrow, doesn't it? i agree with what you were just saying earlier that, you know, when you get divided power in washington, which i think we'll get after tomorrow, the economy tends to improve. i think we'll see some reduction in inflation. the answer to that question though really is will republicans keep their promise and get this debt spending under control. i can't make any promises here because republicans like to spend money too, but i do think you'll see some improvement in the inflation rate if things go as we expect on tuesday. you played that clip a little earlier about joe biden saying that coal is cheaper than oil and natural gas and coal. that is a flat out lie. if you look at the price of -- the reason that biden has had to
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dump tens and tens and tens and tens of billions of dollars in subsidies behind wind and solar power is because it's not price competitive. if you got rid of all the subsidies, we wouldn't have wind and solar. stu: nobody has mentioned on the show so far today that they got the start of this new climate change, huge get together in egypt. that's not even part of the discussion this morning. i put it to you, steve, they're going to have to change their tactors because they cannot meet the targets that they've got. they've got to change energy policy. last word to you. >> well, you know what, it's a good point, stuart, and i've been thinking about why it is that demo democrats have sort ot touch with middle class voters and it's clear they have. in washington, all the elite democrats, all they're talking about is climate change. when talking about americans at the kitchen table, they're not talking about climate change. they're talking about paying
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their bills and rise in crime and the border problems. they're talk about economic security. the point i'm making, i think this radical climate change agenda for the democrats could be the big loser tomorrow if republicans have a big night and we get back to producing american energy. you want mother and fathering jobs stuart, here in america? those energy jobs in the emergency fields and coal minds, those are manufacturing jobs. >> go get them. go get them. drill, drill now. stu: go baby drill. stu: i like it. steve moore, thank you indeed. see you real soon. we've got lots of new reports, we live on new reports. how many people feel worse off than two years ago, i presume a lot of people. lauren: this is my favorite poll. it's brand new from abc and the washington post saying 43 be43% saythey're worse off finay now than in the last two years. know what the number was in 2020 in the exit polls? 20%. stu: that's it? lauren: it was 18% in 2018 so
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the spike is tremendous. same poll, 80% say the economy is an important issue followed by inflation at 77%. who do they trust to handle the two big issues? republicans lead by double digits in both categories. stu: fascinating. lauren: kitchen table issues is front of mind when people go to the polls. thank you, lauren. stu: coming up, lee zeldin supporter was choked by a man at the rally for governor hochul in new york. we'll show you the full video. an app on your phone may soon be able to diagnose cancer and parkinsons just by the sound of your voice, really? one of the doctors that created the app is on the show. how does this thing work? ♪
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stu: lucas, the president was in shirks philadelphia, new york -- chicago, philadelphia, new york over the weekend. where will he be today? >> stuart, the president listen in maryland today, not exactly a
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battleground state. last night new york, he resumed his war against fossil fuels. >> no more drilling. there is no more drilling. i haven't formed any new drilling. that was before i was president, we're trying to work on that and get that done. >> it's not just drilling that has biden -- he says he's against coal as well, stuart. speaking california, biden says he wants to shut that industry down too. coal is still responsible for 22% of the country's elect electricity. >> it's also not cheaper that generate electricity from wind and solar than it is from coal and oil, literally cheaper and we'll be shutting the plants down all across america and having wind and solar. >> the white house backtracking from the remarks saying "the president's remarks friday have been twisted to suggest the meaning that was not intended. he regrets it if anyone hearing the remarks took offense".
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joe manchin took offense saying comments like these are the reason the american people are like trust on biden because his position and policies change depending on the day. ted bundy is reacting as well. >> that's shoving more of the agenda down people's throats and that's not where they are. if you want to produce energy, produce it here in the united states. if you produce or manufacture here, we're twice as clean as anywhere else around the world. china is not going to comply with this. >> in the final pitch to the voters, biden says democracy is on the ballot and apparently fossil fuels as well, stuart. stu: got it, lucas, v thank you very much indeed. see you later. almost a half hour worth of business, a turn around for the nasdaq, it's down, s&p down and dow clinging to a 60-point gain. still ahead, karol markowicz, pawn star host rick harrison, mike rowe will join us and
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senator rick scott. the 10:00 is next. ♪ ed
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. . walked into my room. they thanked dan for his service and then they assured him that i was not alone and i look back at that and i think, no one could have asked for a better advocate because not everybody got to do what we did. for example, go to a private hospital that was number two in the nation for traumatic brain injury, to transition home and be able to wait for a new home. when you have time to reflect, you realize all along the journey, all along the journey, they were there. (light music)
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this holiday season save big on all the gifts you need for the gifts that keep on giving. because while they have no idea what's going on here... -hi. -...a little something of their own will get them in the spirit. they don't know why you'd ever leave the house like this... but they'll happily hold down the fort while you're gone.
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-smiles! -and let's be honest, they'll never understand this whole situation... but they do get this. thank goodness. great prices. happy pets. chewy.
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♪. stuart: good morning, everybody, yes it is coming up on 10:00 eastern time. we'll go straight to the money. here is what is happening to your cash, hard-earned savings in the first day of trading of the new week, election week by the way. dow up 31. nasdaq up a mere 32. 10-year treasury yield, going up 4.19%. earlier we found the two-year was above 4.70, how about that? price of oil down a little bit, 32 cents lower at 92 bucks. bitcoin holding on to the 20,000-dollar level. that is the markets. now this. in the days right before the election the democrats resorted to fear-mongering, they have lost and inflation, crime, the border and energy. they suggested we're all i

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