>> i think, stuart, that there's just enough energy we could go higher. traders can't afford to miss if powell really does slow things down, so i think they will have to get on the gas in the next four or five days. >> we got up to 9% inflation a few months ago. i think we're headed to 5% to 6% inflation. meanwhile interest rates are going up. i am worried about this housing market. >> wages are going up and inflation is coming down and we know the fed is going to pivot.

>> we've seen over the past five years the degree to which the media and big tech have thrown out all rules of journalism. >> i think elon said it perfectly, when you have a major major news and information and communication platform acting at the beck and call of one political party and shutting down other voices, just before an election, i don't see how you couldn't call that election interference. >> ♪ stuart: all right, good morning, everybody. i've got to tell you it is great to be back after two weeks away down under, australia, new zealand but i'm back in new york and it's just great. 11:00 eastern time, it's monday, december 5. check out that market. the dow was down 360 points at its low. it's now down about 200. nasdaq was down about 120-130 now it's down 90. still red ink. show me big tech please. a mixed picture emerging there.

we do have some winners alphabet , apple, meta on the upside, microsoft, amazon on the downside. where is that 10 year treasury yield right now it's very important to investors. it's at 3.57 the rate going up. that rate though is still well- below the yield on the two- year treasury, which is around 4.30 that indicates a recession. all right, folks now this. the liability lawyers hope to hit another payout jackpot with mac & cheese. don't laugh, here is the story. amanda ramirez bought a single serving of velveeta shells & cheese at a public supermarket in florida. the package said ready in 3.5 minutes. oh, the horror! it took longer to make it than three and a half minutes, therefore, the maker, kraft heinz, is guilty of false advertising. furthermore, ms. ramirez is unable to trust the labeling on

this or any similar product. she is traumatized and kraft heinz is accused of neglect representation. fraud. false and misleading advertising , breach of warranty and unjust enrichment. oh, that will be $5 million, please. i've been away for a couple of weeks and the first thing i see when i step off the plane is another ridiculous episode of liability law history. i have no idea how this thing plays out, but wouldn't it be wonderful to see a judge throw it out, call it frivolous and make the plaintiffs pay any and all court costs? i hate to say it, as american citizen, with an english accent, america needs the english rule. that is loser pays. that's how you stop frivolous suits. don't hold your breath. we like to think we live under the rule of law but all too often, it is the rule of lawyers third hour of "varney" starts right now.

all right, steve forbes with me this monday morning. all right, steve, we've got this lady suing over mac & choice. there's another story of someone suing tgi friday, don't laugh at my italian accent here. when are we going to confront these frivolous lawsuits that hurt us all, that's my opinion. >> well maybe heinz should sue her for having a bad microwave. maybe that's the problem. stuart: good one. >> she's a bad cook, what can you say but when this all goes back to years where judges did not want to be judgmental. they can throw these suits out. they used to throw these suits out but the whole philosophy rose you have to give everyone their day in court and have appeals upon appeals nobody wants to be overruled. judges you don't need new law, you just need judges enforcing what's there now saying this is frivolous, throw it out take it to the judge if you don't like it.

stuart: give me common sense back in the legal system. >> that's what's been lost in recent decades. stuart: absolutely. steve let's move on to the market shall we? do you think we're going to see a santa claus rally this year? >> i'm not counting on it so i don't expect to see higher prices in my stocking, but the amazing thing is, the economy, despite all the abuse its been getting, has been proven resilient which just goes to show if this government backed off a little bit, and let the american people take charge again, we be in the forefront of real economic growth instead of worrying about inflation, the fed trying to trash the economy, because they think you fight inflation by making people poorer. back off, all of them. let the people flourish. that be a great christmas present. stuart: but they won't do that will they? >> sadly, in the meantime the house republicans get their act together and what they did on spending in terms of those earmarks is not a good sign in terms of spending reform , but making moves against regulation, get rid of those 7 6,000 irs agents and by the way in terms of the liability suits

lawyers learned long ago because of the court system we have with judges not making judgment they can make it so costly that you'll settle just to get rid of the suit. it's cheaper to settle than to fight it in court so in terms of republicans get rid of the 87,000 agents, let joe biden go before the american people and say we need venezuelan oil rather than american oil. i'd love to run on that issue. stuart: but you know, can the republicans do anything with a tiny majority in the house and they are still in the minority in the senate? >> well, nancy pelosi showed even though she had a fairly small majority in the house standards, she had that caucus whipped together. can kevin mccarthy do the same thing? we'll see. stuart: republicans are more difficult to whip together than democrats, i suspect. >> well i think the prospect of an election and how poorly they did to expectations in this election is a wakeup call. you better have good issues. you better show you can govern and get something done even if the president won't do it. you've got an issue for 2024.

stuart: true. you're laying the groundwork for 2024. >> absolutely. stuart: steve forbes thank you very much, sir. >> thank you. stuart: see you again soon. fox & friends weekend co-host will cain asked elon musk about government-induced censorship. watch this. >> this is will cain from fox news. what subjects outside of hunter biden were subject to the most government-induced censorship. >> it was obviously a lot of questions around gen 6. there's questions around covid. there's a lot of questions, i think the important thing is that we just get , you know, bring daylight to all of these things and so anything that twitter has done and a lot of times twitter has done things that it just wasn't malicious, it was just foolish. stuart: will cain joins me now. will that was a good get , to get musk there on the record. >> will: thank you. stuart: spell it out for me. is this a clear case of high-tech censorship?

>> okay, if i might, on the get , can we just take a moment to celebrate the way, first of all that technology has enabled that type of communication? elon musk was on his private jet , stuart, hooked up through his star link service to roughly 100,000 people on twitter that night, and then let's take a moment to also celebrate that can you name another leader that two hours, stuart, it was a q & a that went on for two hours. i was just another person in there who asked itch i if i could ask elon musk a question and the host granted me that permission. donald trump did it during covid but i couldn't think of a college football coach or a business or political leader that would take that accountability and transparency. now to your direct question. what i think we have right now, stuart, is motive, a body, someone standing over the body, and that person having complete and utter motivation to commit the crime. do we have the proverbial smoking gun? that be a direct communication from a government official, to

someone at twitter, or google youtube facebook, to say spike the hunter biden story. we don't have the proverbial smoking gun but what we do have is a constant relationship with the fbi and big tech on a weekly basis according to mark zuckerberg, where they would come in and say watch out for this. watch out for that. building a case so that someone at twitter when that story came out, the hunter biden laptop story, was ready to go and say spike it, and every tech company followed, stuart. i think we have about as good of circumstantial case as you can imagine in saying this was dnc, first of all, dnc and then government in terms of the intelligence and law enforcement apparatus, leading to a first amendment violation of free speech through big tech. stuart: yeah, understood. >> will: and by the way then election interference. stuart: yeah, exactly. good point. now former president trump, he's calling for the termination of parts of the constitution, in response to the hunter biden

twitter revelations. in a truth social post, he said this. a massive fraud of this type and magnitude allows for the termination of all rules , regulations, and articles , even those found in the constitution. will, i'm sorry i think that's going much too far. i don't think he should be saying things like this. what say you? >> will: i agree. that's a no. okay, first of all, again, let's just set the stage. what a strategic blunder. in my estimation from president trump, because today the focus should be on what we just discussed. those twitter files, which is an ongoing story, that was used to subvert the american principle of free speech. instead every other channel, stuart, is only talking about this. trump changed the conversation to this , by saying this at this time. secondarily, the only thing that sets us aside, and i get the frustration, if one side of the aisle has no respect, nor no abidance by the constitution, what do we do? you know, what do you do, but the answer cannot be set aside

the constitution, or any parts thereof of the constitution. stuart, look. you're from the uk and i know you can appreciate this , but we're watching protests take place in iran, russia, and china the vast majority of time through human history when there is a revolution, it is not better what comes along after the revelation. we have a uniquely successful revelation here in the united states of america and that is because of, it's not exclusively , because our culture is very important, but primarily the constitution the founding documents of the united states of america, if you let go of those , we are like everyone else in history. we are simply tribes fighting for power. stuart: yup. a rulebook that works, don't put it aside any of it. will cain you've been on top of this story from day one, we appreciate it. thanks for being on the show today. >> will: thank you. stuart: we have to look at the movers on wall street. while start with boeing, up nearly 3%. lauren: yeah leaderring the dow today getting more orders united airlines is close to a deal for

dozens of the 787 dreamliner worth billions of dollars and air india is interested in leasing six 777's. stuart: dozens of the new jet. lauren: uh-huh, yeah, big order. stuart: activision what's with them? i know they will buyout from microsoft. lauren: $69 billion deal might actually happen so the new york post is reporting of a rift at the ftc, which gives microsoft hope that this big deal might actually go through. one of the democratic commissioners, there are more on the ftc panel than the republicans but one of the dems might want to green light this deal with the appropriate concessions so that be a win for both companies stuart: docusign what's with them? lauren: very popular during the pandemic. not so much any more but still popular down almost 4% today because both ubs and baird came out and cut their price targets. ubs went to 52 and citing concerns about the outlook in the new year. stuart: okay. i'm not drifting my attention because i'm jet lagged. lauren: i know what you're doing stuart: okay, now this.

medical school going woke. a doctor is sounding the alarm saying students are spending more time learning about politic s and less time studying actual medicine. we've got that story for you. tens of thousands of people lose power after sub stations are shot at in north carolina. investigators say this was an intentional and targeted attack. the fbi is involved. an explosive new claim from prince harry. he thought meghan markle was going to end up like his mother, princess diana. all this comes up in a new trailer for the prince's ultra controversial docuseries. nigel farage will be sitting right next to me after this and he will go through it all. ♪ ♪ we all have a purpose in life - a “why.”

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symptoms develop or worsen. serious allergic reaction may occur. best move i've ever made. ask your dermatologist ♪ ♪ stuart: that's the name of the song, and by clash. that's london and what you're looking at 47 degrees in london right now. we're showing you that, showing you london, because harry and meghan's netflix docuseries will be released here, released on thursday, okay? i've got a clip for you. just watch this. >> that was a war against megha n to suit other people's genders. >> it's about hatred. it's about race. >> pain and suffering of women marrying into this institution. >> this media frenzy. >> they realized they are never going to protect you. >> i was terrified. i don't want history to repeat

itself. stuart: poor harry. nigel farage joins me now. prince william is reportedly preparing to pushback against any wild claims in the netflix series. do you have any idea what wild claims we're talking about? >> well after the oprah winfrey interview who knows. i think there was 17 factual in accuracies in that one sit- down interview alone. the big one, the damaging one, is the racism claim. that's the one the royal family will be the most frightened of. now generally, generally the royal family don't fight back, but i think frankly, we've got to the point here with these two, where they clearly want to destroy the institution, and you know what? the royal family, the queen, her late husband, spent 70 years touring commonwealth countries around the world. i can't think of a couple that did more for black people global ly ever, frankly, so that's the fight-back. stuart: what's the standing of harry and meghan in britain right now? >> say prince andrew, un surprisingly is the least popular royal after epstein, et

cetera, but megan's popularity has fallen off a cliff. harry's has with it and you have around about 10-15% have a very positive view of either meghan of harry and 50% have a very negative view of them so they've gone, but they don't really care about the uk audience. what they care about is america because it's here, where they make the money and what they've had in america is first-mover advantage. now they've got their side of the story in first and william and kate have been in america for the last week. they've been performing public duties but i think actually, william, well he needs to come on your show and fight back after this film. stuart: is that an invitation? >> well i'll do my best. stuart: i'll change the subject for a second here. you may have heard this. renaldo, the great soccer player, has reportedly agreed to join the saudi arabia soccer club, and going to be getting $209 million for a two-year

contract. the saudis are having a real impact on sport these days. >> massive , yes. the next when tyson fury fights again for the world title crown that will be in saudi arabia no question about that, so boxing going to saudi. snooka going to saudi arabia again vast amounts of money being put in, golf, huge amounts of saudi money going into golf. the only sport that isn't working is darts, because darts is a pub game with drinking and they won't have that so yeah, and you know, across many many fronts the saudis making a really really big effort and of course the sums of money are simply eye watering. stuart: in britain is that popular? it's a lot of premier league clubs. a couple of them, at least, which are owned and run by golf oil piling in billions of dollars. >> yes, saudi bought new castle united. stuart: was it popular? >> do you know what? the real truth of this is as long as new castle united are doing well the fans don't really care. stuart: exactly. okay, okay, britain, sorry,

england plays france i think it's on friday in the world cup. big game. you got any comment to make on this? >> well, we have been fighting each other for a thousand years. stuart: this is true. >> with a brief interruption of world war i and two when we were on the same side and this is one of the most contested sports for decades. france, look, ever so good as a team but do you know what? englands for wards are excellent and i'm quietly optimistic. stuart: don't jinx it whatever you do. i've got one last one. kind of getting serious here. the british government might have to use, is considering using, the military, a public service workers, ambulance drivers that kind of thing, nurses, if they go on strike. that seemed to be an extreme move in my opinion. >> no, we did it back in the 1970s there was a fireman strike and the army came in and took over so there is precedent for this but we are looking at nearly all of our big public services going on strike between now and the new year. it's not coordinated into a

general strike, but it's the biggest wave of industrial unrest for 40 years. stuart: this looks likely right before christmas? >> i think it's going to happen , yeah, postal workers, even nurses, and we never had a national nurses strike in the uk in our history. this is the cost of living. it's double-digit inflation and i'm afraid, you know, government is going to have to face this down, because if you do give, if you give in to the pay rises all that does is fuel more inflation. stuart: it does remind me of the 1970s and the minor strike in the 80s against margaret thatcher which she won hands down. >> she won but at a hell of a cost. stuart: yes but prosperity came right after that. the end of strikes. >> we had three prime ministers this year, four chancellors this year, its been the most turbulent chaotic year in british politics for 200 years and do i see firm leadership, or somebody that tends to get pushed over? i think well the latter, i'm afraid.

stuart: well, welcome to new york. >> it's fantastic and christmas stuart: good stuff, nigel, you're all right see you soon. check those markets, why not, coming back a little bit we were down 300 on the dow now we're down 260. okay, the nasdaq down over 1%. now this. the fbi is investigating a power outage in north carolina. left 40,000 people without electricity on saturday night. it's believed that this was an intentional attack. what more do we know about this? intentional attack? lauren: yeah, the sheriff in moore county says gun shots were fired and it took, they took two power grids off line. gun shots. duke energy says it's intentional vandalism and it looked like the criminals knew exactly what they were doing, that it was intentional and they had experience, but investigator s don't have a motive and a suicides or suspects, schools today in moore county are closed and some residents and businesses might not have power. it's very very cold. might not have power until the end of the week until thursday. stuart: yes, but an intentional

attack? using guns in two power plants? there's something going on there lauren: fishy. stuart: thank you, lauren. actually there's another one just for you. lauren: lovely. stuart: kelly blue book reports 2.1 million electric vehicles and plug-in hybrids on the u.s. roads at the moment. do we have a number on how many gallons of gas? lauren: 690 million-gallons. in perspective that's not even two days worth. the reason is ev's are still a small, but growing portion of the auto market, right? when this number gets bigger, and it will, because we're being pushed to buy ev's, snowball is the right word to use. you'll see a lot more. stuart: do you think there's going to be a revolt at some point, being pushed into electric cars? pushed around? lauren: no because it's happening slowly. i don't think there's going to be a revolt. i think most people know gas is expensive and this is is a what we're being told to do and we'll eventually do it. stuart: nigel farage is sitting here and his head is exploding because he really wants a

revelation. now this. florida's governor desantis sued over the migrant flights to martha's vindicated randy weingarten and an immigrant claims the flights were unconstitutional. we'll definitely get into that. returning disney chief bob iger wants to calm things down with cultural and political controversies and wants the company to listen to its audience but is disney ready to get unwoke? i'll ask chris ruffo, next. hakuna mata, what a wonderful phrase, ain't no passing praise ♪ ♪ my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere.

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in the nfl. >> imagine that nine story building covering 16-acres. >> pushing the boundaries. >> it's rich and beautiful. >> defying the odds. >> sounds like a huge problem. it was a huge problem. >> and raising the roof. >> it's over a million square feet. this is a once-in-a-lifetime project. >> how they built sofi stadium. >> i get goosebumps still just thinking about it. stuart: all right here we go. "american built" airs tonight here on fox business. sofi stadium airs at 9:00 p.m. eastern and then, we do the hoover dam at 9:30 tonight. lauren: i do love the hoover dam stuart: it's amazing. lauren: it was built in the 30s too wasn't it? >> incredible. stuart: a lot of concrete. now susan is with us looking at the airlines. >> yeah, i do love "american built." by the way it's one-all in the soccer game right now. i can see your eye diverting that way. airlines are up today despite

the fact we saw a rally in oil prices, jet fuel accounts for more than 50% of airline costs but good news on the sector side you had a delta pilot offer raises of at least 34% over the terms of the deal. i wish we had those type of raises here. morgan stanley also upgrading united airlines to a buy, calling it overweight saying 2023 is a goldilocks here for the airline stock, we're at $67 in their view. stuart: okay. >> what's the score? stuart: it's one-all. have you been on a plane recently that was not jam packed full? because i haven't. >> no i have not and cross- continents too by the way and it's incredibly expensive. stuart: exactly. lots of people, lots of money. all right, china shares, they are still on a bull run. >> yup, so hong kong stocks just came off their best november in 19 years, entering a bull market last monday, up 20% from recent peaks and this is on that reopening theme and optimism continuing today. stuart: i'll bet that pop stocks are rallying.

am i right? >> well, yes, and those are the casino shares that are up as well and the reopening but take a look at this. so sales are soaring growing 10 times this year from 2015, $33 billion worth of marijuana being sold with more than half of u.s. states now legalizing cannabis. the industry expected to grow about 60% over the next few years and this morning you had wedbush calling all these four stocks a buy this morning. might as well when you have more legalization. stuart: the lame duck democrats in the house are considering marijuana legalization all over the place. >> well that would improve usage i'm sure. stuart: that's why the pot stock s are up so much. susan thank you very much indeed now this. a doctor is warning that the woke agenda is now gaining ground in medical colleges. he says diversity has been elevated above achievement and merit. chris ruffo with me this morning is this accurate? is wokeness really penetrating deeply into medical schools?

>> that's right. there was a recent report that critical race theory ideology has been embedded in more than half of all medical school curriculum. we even had a story out of the university of minnesota in which students were pledging not to the dictates of modern science, but to actual kind of indigenous pseudo-science. they said that indigenous ritual s are just as good as modern medicine. they had to actually chant this along with their dean during a ceremony. things are going off the rails everywhere. unfortunately, the hard sciences including medical schools, are no exception. stuart: well what are we going to do about this? we can't have this imposing itself in our medical college. we can't have this. what are we going to do? >> the problem is that we certainly shouldn't have it, but we can have it, and listen. there's always been this idea that at a certain point, the

woke idiologs will stop at the hard sciences and stop at the medical sciences, they will stop at the national defense. that hasn't happened, and in fact, you see it everywhere, from the fortune 100 companies to the great medical schools of the country to the united states military. this ideology does not stop. it wants to conquer all of the institutions in american life and it won't stop until people take the risk, take the leadership and have the courage to put their feet down and say enough is enough, we're going to start pushing back. stuart: you got to stand up at some point. i swear, bob iger, he's returned as disney's chief executive. some belief he's going to pull the company back from woke culture but chris, i think he started it. i don't see him pulling back much on wokeness. what say you? >> well, i think that bob iger at heart, he's an accountant, he's a numbers guy and even though he, i think, arguably is true, started a lot of these woke policies in his previous tenure. he has a very convenient scape goat. he can blame his predecessor bob

chapek and say he handled it all wrong. i released videos showing during his first town hall he pledged to start listening to customers, to stop politicizing issues. he said he was going to "quiet things down" on the culture war front so these are good initial signs. i think iger has realized that hyper-wokeness is bad for business. hopefully he's going to pull it back but it will be hard because he has internal act it vests that are vicious, that are radical, that are just raring to go, so i'm going to be monitor ing this story. i'm going to be keeping a very close eye on what's happening. stuart: good chris rufo, you're one of those people standing up for what's right. we appreciate that. welcome to the show. see you again soon. thanks. >> thank you. stuart: similar story here. disney, they are going to close the iconic splash mountain ride. they are stopping it in january of next year. is the ride going to be replaced lauren: yes. so this is happening at both disney world in florida and disneyland in california. if you want to take this ride

january 23 is the last time. off line for a year, and then they are going to replace it by where the princess and the frog left off, tiana bayou adventure it is mardi gras themed. so splash mountain's current theme is based on the 1946 song of the south, glorified plantation life so when bob iger was ceo back in 2020, disney made the decision, it's inappropriate in today's world, so that decision was made a few years ago. now we have the end date and we know when the new ride, the new theme is going to take place. stuart: okay so it's gone. lauren: it's gone. stuart: new data shows there are more non-religious voters than ever before and most of them vote democrat. we'll report on that. fox cameras were rolling as hundreds of migrants crossed illegally into the u.s. just this weekend. no sign of a slowdown on the southern border. even though title 42 is set to expire in a few weeks time. the report from the border

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stuart: to the border. police find an astonishing 660 pounds of fentanyl stuffed inside coca nuts. they made the bus during a traffic stop in mexico right near the arizona border believed the drugs were headed here, two people under arrest. in texas, border agents just discovered 25 pounds of liquid fentanyl hidden inside a gas tank. mike tobin from eagle pass, texas. mike, why are border agents calling that the liquid fentanyl why is that historic? >> historic because it's the largest seizure of fetterman international ever on the u.s.

side of the border according to agents and with title 42 set to expire in 16 days the problem isn't just people coming ink across uncontrolled border but what we see is the problem is lethal drugs coming across as well. you talk about that seizure. u.s. border patrol says working with the county sheriff's deput ies say they made the largest seizure of fentanyl in u.s. history. it was in liquid form being transported in a secret compartment built in the gas tank of a truck and that vehicle came across in robstown texas. the chief of the rio grande valley says it was enough fentanyl to kill 5.6 million people to give you some perspective that's equal to the population of the city of houston. this comes on the heel of that stop you mentioned on the mexican side of the border in which 660 pounds of fentanyl were seized. the deadly synthetic opiates were concealed in coconuts. it was on a path to cross in the u.s. at lukeville, arizona. >> this goes to show you the

sophistication of the mexican drug cartels used to smuggle dangerous narcotics to smuggle it through the ports of entry. to date operation lone star the texas department of public safety seized over 600,000 pounds and 350 million lethal doses of fentanyl. >> in laredo u.s. customs border protection seized $8.3 million of methamphetamine coming into the u.s.. a mexican citizen and passenger were coming across with a trailer that appeared to be empty. an alert agent referred the trailer for a secondary inspection. a dog was used. this time 913 pounds of methamphetamine were discovered both driver and passenger were arrested. meantime the flow of migrants is constant. nearly every morning groups in the hundreds are coming here to regal pass, texas, we see small groups throughout the day and title 42 was a tool empowering agents on this side of the border to send about a third of them back as that's set to expire.

in 16 days people in these border towns are bracing for a crush of more people coming across. stuart? stuart: nothing ever changes. mike tobin, great stuff thanks for being here. see you again soon, thank you. immigrant rights groups suing the governor of florida, ron desantis, over his migrant flights to martha's vineyard. how's the governor taking that? lauren: he says it's lawful. the program where they slipped his money in is under an appropriation of florida state legislative that actually had democratic support at the time so the state had a $12 million budget item to relocate people in the u.s. illegally out of florida. the money came from the 12 million came from the american rescue plan so three immigrant groups are suing for inducing, they say, dozens of venezuelans and peruvian migrants from a flight from texas to massachusetts with a false promise of jobs and aids and eventually taken not to martha's vineyard to cape cod. stuart: of course they were here

illegally to start with i believe. lauren: uh-huh, correct. stuart: a small detail. lauren: violation of the due process and also equal protection rights. so the lawsuit states. stuart: show me the dow 30, please. it's that time and i like to get a sense of the market. not good, down 300 points the vast majority of the dow 30 are in the red. that means they are down. the catholic church just issued new guidelines for faith consistent investing. they don't want members of the church supporting things like violent video games, or companies that the produce fossil fuels. resident theologian jonathan morris sorts it all out if he can. jonathan is next. because i've got to have faith, faith, faith, i've got to have faith, faith, faith ♪

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♪ stuart: i think that's terrific. that's a beautiful christmas tree right on fox square, outside of our studios. by the way if you're in new yorf the tree and send it to us at "varney"viewers@fox.com. love to see good christmas pictures and new now this , the

vatican issued a 46 page guide for ethical investing. this after 10 church officials with r charged with financial in pro pry." jonathan morris is our resident theologian. let's get to the ethicallism, how do i invest ethically according to the vatican. >> it's kind of a more late term is a multi-billion dollar business, right now. it's a big deal. people say, if i'm putting money into something, i want to make sure i'm not supporting something i don't believe in, number one. number two. how do you as an individual investor decide what is ethical or not? of course that's according to your own values. what the church has said is we're going to give guidelines for churches or for religious institutions, that they can hand over to their money manager s and say this is what i believe in. so first, you have to have something you believe into answer your question, and it's not just about making profit. so i think overall, it's a very

positive thing that the church is offering these guidelines for anybody who wants them, it's unfortunate that they are also dealing with some serious financial corruption within the vatican that they are trying to clean-up and doing a good job of it. stuart: i put the financial corruption on one side. is the vatican, the catholic church jumping on the climate bandwagon? i think the answer is yes. >> yeah, there's of course, it's not just, when you come to a guideline like this it's not just black and white. you can invest in this , you can't invest in this. you also have priorities and in this case the priority is of pope francis have been very much in line with climate change and respect for the environment et cetera, but there's also other guidelines in there. they say let's not get involved in investing and adult entertainment, for example, or in casinos, et cetera. right? stuart: casinos? >> it's not that the catholic church says it's illegal to gamble or you can't gamble, but obviously, if you're investing in a casino, there's also some

serious ethical issues of whether or not you're getting people addicted to gambling, and they are saying stay away from that. stuart: the only thing i would stay away from as an investor is tobacco. i would not invest in tobacco. >> how about investing in things that don't make you money you'd stay away from that. stuart: absolutely i would. >> all of this , impact invest ing, what the history of this impact investing and ethical investing has shown is that you can actually be good and be profitable. i believe in that deeply, but of course, you have to be very wise about it. stuart: the best-performing group of stocks in the 60 or 70 years after world war ii were the tobacco stocks so i missed out on some of that. >> you can also be profitable by being bad. stuart: yes, you can. it's not starely a good thing i'd say. now non-religious people are voting and they tend to vote democrat. look at this. the group, these non-religious people, they were 22% of all voters in the 2022 election.

one-fifth and they voted for the democrats over republicans 65% to 31%. why do you think that's the case >> yeah, the study also showed these non-religious people, people who would say i'm not affiliated with any religion, some of whom are atheist, some are agnostic, others are just saying i'm not religious. i don't count myself among any specific religion. they are also ones who are most likely to donate to the democratic party, and to go to, to go into campaign for democratic candidate. it shows that there's like, they are more attached to a political party. i think it's crazy to be too attached to any party, but if you don't have something that you believe in strongly, like god, like your code of belief that a religion lays out for you , you're going to get attached to something and it seems that these people are saying i'm going, not all, of course but i'm going to attach myself on an emotional deep way

to a political party. i think it's a mistake because political parties, they can't be trusted. stuart: but more and more people are responding to the question, are you religious, saying i have no religion. >> that's right. stuart: or formal religion. there's a new survey that came out in britain. it's not even half the country believes, has any religion. less than half. >> yeah, less than 50% of brits consider themselves to be christians. it's for the first time ever, in a country that is not only traditionally christian, but also has a state christian church, right, in the church of england, 50% of those brits say i'm not a christian. things are changing. stuart: they are. society without a moral spiritual compass is in bad shape in my personal opinion. >> yeah, i think even on an individual family level, it's coming up to christmastime, have traditions and it's also coming

up to celebration of hanukkah. make sure your traditions have meaning, not just gifts. meaning. what do we believe in. stuart: lauren here was dying to jump into this one and we don't have any time. >> oh, i'm sorry, lauren. stuart: we've got to make way, it's 11:55. we have to do the trivia question, it's monday. here we go. you get first dibs on the answer legos were invented on which country, united states, denmark, switzerland or france. i absolutely guarantee i know the answer, the correct answer. no way around it, i know this one. i've got this.

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visit coventrydirect.com. ♪. stuart: okay. trivia question, where were legos invented. which country. i absolutely guaranty the country. you lauren. >> denmark. stuart: got to be. lego comes from abbreviated danish words that mean play well. lego, play well. time is up for me. look who is sitting in here for neil. that man, that is ashley webster . let me take a minute to thank you for all your hard work. ashley: welcome back home to the northern hemisphere. stuart: good to be back, m