stuart: here we go. how many states were in the u.s. at the end of the civil war. 28, 32, 36, 40, ashley what do you got? ashley: i have no idea i'll go with 36. number three. stuart: actually i would go with 32, number two. all right, you're right, ash. you got it. the answer is 36. got it. ashley: lucky guess. stuart: quickly, don't forget to send in your friday feedback. there you go. send your thoughts to "varney" viewers@fox.com and also send in your fan friday videos. your chance to be on tv. it works, you know. e-mail us at "varney"viewers@fox.com. i'm almost out of time for this thursday, and i'm going to tap dance for the last five seconds and then i'm going to say "12 noon" neil, it's yours. neil: all right, thank you very much for that, stuart. fascinating programmed to. we're following up on what could

be the first disruption to the s&p days of selling here. a lot of this built on this notion that maybe we've overstated how bad things could get. who will know better on that front than probably one of the most legendary investors on the planet i'm talking about sam zelle, our special guest coming up momentarily, equity international is the vehicle to which he has found bargains and billions and he is our special guest so just a few minutes, first to connell mcshane monitor ing these markets. where we stand obviously this year, not great, but not nearly as bad as we were, and what's driving things today. connell: a little rally mode, hey there, neil, today at least for now as we settle in after a slow start all of the red popping up on the screen as we ran through the weekly and the yearly numbers and investors are still focused on looking forward, looking to the future, and trying to figure out what the fed is going to do next week but for now we're up to 14 on the dow, and remember, the point neil was making right off the top of the s&p and middle of the screen being up by three- quarters of a percent its been down five days in a row and

eight of the past nine trading days so if nothing else, we see a bit of a bounce today. can't keep going down every single day in the market, and we will see days like this. don't know if we want to make more of it than that, you know, and in terms of the fed the consensus is certainly moved towards a half point hike rather than three-quarters of a point for jerome powell & company when they get together next week and that seems to be where most investors have their mind right now, looking at data, waiting for more inflation data to come, initial jobless claims was right in line with what everybody expected it to be at 230,000. you don't see this often but the economists hit the nail on the head in terms of expectation s up slightly from where we were last week. we see companies kind of limiting their hiring as opposed to firing people, if you just look at the overall numbers firings are still relatively low obviously we've had some of the high profile headlines on firings and layoffs we've seen but if you just look at the overall universe of companies what seems to be happening is that they are holding on to what

they have, maybe not looking to add to it in many cases and these are the type of numbers we see as a result. final point, at least for now coming from the investor ray dal io, talking to sam zelle, saying the market is not pricing in what he said is the very harmful rate hikes from the federal reserve, not pricing in the harm that that is and will do to the economy. he did an interview with " business today" and what he said is that the inflation rates settle in the four to 5% range so well-above where the fed wants it to be, the target and he says the fed will have to raise its key interest rate to a range approaching 6%, as the impact of that that he says is not accounted for. so we'll see. it's always interesting to note what people like this have to say and dalio says if this happens it would have an effect on all markets but especially stocks. neil? neil: yeah, good point, connell, because sam zelle is among those saying when you flooded the market with liquidity getting out proves a heck of a lot easier said than done, thank you, my friend and thank you for

sticking around the next couple hours, you'll be hearing a lot on the latest developments in the meantime to gerri willis on startling news on the mortgage arena front. rates going down, is that right? gerri: that's right, for the fourth week in a row, we're see seeing 30 year fixed rate mortgages falling lower to 6.33%, for the 30 year fixed, 5.67% for the 15 year. these numbers, of course from freddie mac who do them every single week and sam cater, the economist there, saying that the total dip over the four weeks is nearly a full percentage point, three-quarters of a point that's 75 basis points. that's highly unusual, the largest drop in that kind of concentrated period since 2008, and he says the drop is due to concerns over lackluster economic growth. what's interesting here, neil, is that buyers aren't really responding to this. you know, we've had existing home sales now down for nine months in a row. remember just back in october,

rates were over 7%, so we'll see how all of that plays out, but big headline there, for the housing market. yet another decline in housing rates. good for buyers who might want to get into the marketplace but let's talk just a little bit about manhattan apartment rents here. this is an interesting story. more real estate. manhattan apartment rents climbing slightly in november after three months of declines. the medium rent rose to 2.1% in october, to get this , $4,095, ouch. that the third-highest level ever recorded but now you're starting to see these renters are negotiating more than ever before down 3% off the list price, so you can see there's a little wiggle room there, and agents are saying that the market here in manhattan is moving sideways. what's not moving sideways, as i said before, the breaking news here is that interest rates, 30 year fixed rate mortgages are at

6.33% and the 15 year at 5.67. as you see nyc leasing is down 39% from october so we'll keep an eye on it, neil, back to you. neil: thank you very very much for that, gerri willis. want to go to sam zelle right now that name is ubiquitous with real estate when you talk about rates and the economic environment. one of my favorite guests over these many decades. sam heads equity group investments. it's a private investment firm. he famously finds value where others sort of dismiss it. that one in the token is the grey dancer, the famous article, sort of describing his view of grabbing depressed assets at cheap prices. he's done quite well for himself doing that. sam it's very good to have you, thank you. >> good to see you. neil: sam, let me ask you a little bit about what we reported mortgage rates down the fourth week in a row. there's not been a run-up in

mortgage applications or home refinancing applications. could be a lag but what do you make of that? >> i think that this is like the relativity of lepracy and cancer. in a very short period of time, i think 90 days, less than 90 days, mortgage rates doubled. the fact that they doubled, you know, is quite a shocking event and the fact that they've come back some is not shocking at all it still comes down to, everything comes down to your monthly payment and basically what's happened to the market is that the monthly payment more than doubled in 60 days, and it's adjusting accordingly.

i wouldn't take too much comfort from the fact that mortgage rates have come down. neil: and next week the federal reserve will likely hike rates, i think the betting is another half point. where do you think this goes, sam? >> well, i think the fed is, you know, trying desperately to makeup for the fact that it was very behind the curve. i mean, we over did it with stimulation. what was it, $7 trillion of additional, you know, debt borrowing in a relatively short period of time? i think the feds got a lot of work yet to go to get things under control. i don't think they are under

control now. i wouldn't make too many assumptions about interest rates going down, because i think they have to go up and stay up for a while if we're going to infect get our hands around this tiger called inflation. neil: so they have to go up and stay up for a while. this idea that we get fed funds to 5%, that's not going to do it , is it? >> i don't think so. i think that the answer is there is the headline rate enough to discourage people or make them value what they should or shouldn't do? i think that probably 5% is the minimum necessary to slow the pace of inflation, and it's probably going to require

something above that. neil: significantly above it? >> um, probably closer to six than five. neil: wow. you had said and you mentioned it, that you can't flood the system with liquidity and not have consequences. we've experienced those consequences. many argue that we'll have adjusted by next year at this time. is that too soon in your eyes? >> we will have adjusted to what? i'm not sure i understand what that means. does adjustment mean that we're going to balance things out? i wouldn't make too quick a judgment. i think that the system has to adjust to the fact that going from zero interest rate

environment to a real interest rate environment is a significant jump and i think it's going to take a significant period of time for it to adjust. neil: i caught an interview, sam , you did, excuse me i forgot where it was, where you talked about i'm using the word the caution on the part of this federal reserve, to raise rates even with the four straight three-quarter point hikes. you said sometimes it requires something even bigger. you alluded to a 1.25 point hike , something akin to the type of hikes we saw in the days of paul volcker, who you said was the best fed chairman in your eyes. could you explain a little more? >> well, i mean, what we're dealing with here is we're dealing with a situation where i think the fed missed the boat and allowed super-low interest

rates to exist too long. the fed finally woke up and started taking liquidity out of his system and raising interest rates. i think that's very much called for. the real question is are they, did they raise them fast enough to slow the process down so that we don't have to go too much higher in order to get the results we're looking for , and obviously the results we're looking for are a reduction in inflationary pressures which we've seen somewhat so far but i'd say it's really too early to declare victory. neil: so when a lot of people talk about jerome powell as searching for his inner paul volcker, do you think he has?

>> i think it's a little early to make that judgment. i mean, this is the same guy who set there and let interest rates go negative for a while and not respond appropriately. i think that the earliest rise in interest rates was too low, too late, and the challenge he has right now is how much can he adjust it without screwing up the economy. neil: do you think it's already too late for that, that he has screwed it up, that we're going into a recession? >> i think the odds of us going into recession are very high, and whether that recession will be very painful or not, i think

still remains to be seen but it's very hard for me to believe that we're not moving into an area with a lot higher interest rates and a lot of people sitting on the sidelines avoiding to make commitments. neil: so are you finding any so severely depressed assets, sam, to harken back to your grave dancer role, that you're pouncing? that there are areas that have been so clobbered, you're buying >> no. i think it's too early. neil: really? >> i think that the biggest losses or alterations have been in primarily in high multiple nasdaq growth stocks but i thought those were so over

priced before. they've got a significant amount of downside before the "look attractive." i look at the market everyday. every now and then, there's a stock that i think is really cheap but there aren't very many of them and it's way too early for this to be a grave dancer opportunity. neil: does it make a difference to you whose president right now joe biden right now, it could be a republican in a couple years. does that ever enter into your market equation? >> oh, i think it definitely does. we have a particularly unique situation right now where we have two almost 80-year-old people in trump and biden that

i'm 81 years old so i know what it means to be that age, and i don't think that's necessarily great for our country, so i think that the best thing that could happen for our country is that in the 2024 election, neither one of these guys participated and we in effect, you know, relooked at leadership and in particular younger leadership. neil: so you wouldn't be pro- donald trump in that environment either then, right? >> i think donald trump is no longer able to move the bar and i think that joe biden is less than an aggressive leader at this point and so i think that the best thing for this country

be a new challenge and new challengers for 2024. neil: so we've got gridlock right now. we've got democrats in control of the senate, they actually picked up a vote, republicans in the house. typically, sam, markets like that sort of thing. do you? >> well, i mean, do i like the fact that we have gridlock? i like it a lot compared to what we saw congress do over the last three or four years, spending extraordinary sums of money and i think dramatically contributing to the current inflation, so i think that the best thing that could happen be for congress to be relatively benign in terms of its activity level, much, much lower spending rate, and frankly, a lot more reality in terms of assessing

what's appropriate and what we should be doing. neil: finally, sam, i've read that when you were a kid you really wanted to be a firemen. obviously, you change your direction slightly. did you ever think you'd be what you are now as rich as you are now, as influential as you are now? >> well, i would have always hoped that i be able to perform at a level of high excellence. certainly the results of the last 25 years have kind of shocked me and i'm not a major spender and so i'm very flattered that i've had the opportunities that i have and i'm trying to focus on continuing that going forward. neil: because i let my youngest

son know, sam, that you were wanting to be a fireman. he wants to be a fireman. when i reminded him about your great success not being a fireman, for the time being, he says i still want to be a fireman, so we'll keep you post ed. it was an honor having you, sam, thank you. >> thank you so much, my pleasure. happy new year. neil: sam zell, to you as well. arguably one of the most, you know, crucial investors. you talk about real estate and seeing opportunities where people saw none. it is sort of like a lot of ken fisher where they zig when other s zag. there are only so many who do that. i can count them on one hand. we'll have more after this. i may be close to retirement but i'm as busy as ever. careful now. nice! you got it. and thanks to voya, i'm confident about my future.

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negotiations. >> biden said this morning the 32-year-old wnba star and two time olympic gold medalist was unjustly detained a few days before russia's invasion in february. she had been held on drug possession charges after being arrested and entering the country with vape cartridges containing cannabis oil. she said she had been using it for pain relief and sentenced to nine years of hard labor. she arrived 300 miles southeast of moscow last month. now in exchange for griner's freedom the u.s. freed convicted russian arms dealer viktor bout known as the merchant of death, convicted in a manhattan courtroom in 2011 for conspiracy to kill u.s. citizens in colombia after selling weapons including 800 air missiles to a terrorist group in the hopes of shooting down a u.s. military helicopter. bout was sentenced 25 years and fox news first heard about this last night after plain clothes u.s. marshals moved him from a federal prison. some people are asking on capitol hill how do you get paul

whelan out if it takes a convicted russian arms dealer to get out brittney griner what it takes to get paul whelan? neil: yeah, i know paul whelan's family already said this to them looks like a catastrophic development for paul, even though they were very happy to hear griner's release so we'll keep an eye on it lucas thank you very much. to general jack keane on this. general what do you think? >> well first of all, good news brittney griner's been released certainly and hats off to the people that worked this. it takes weeks and months, you know, to get to a point like this. there's always disappointment with these as well. i mean, certainly paul whelan is still there, still being held at hard labor and his health not being in the best of shape. certainly that's a disappointment he's not on that airplane and also, i mean, if you're looking for fairness in these deals, forget it, because our people get arrested on phony fake charges and the

people we're giving up are thugs, killers, terrorists. they are people that deserve to be in jail for the rest of their life, so yes. there's gratitude here that she is coming home. certainly disappointed that we had to give somebody up like viktor bout and very disappointed that paul whelan isn't coming home but i'll take the administration at face value here, neil. they say they are working hard to get whelan home, okay. let's see the results. neil: meanwhile, half way ink across world, to saudi arabia. china's xi-jinping is there. that's raised eyebrows. what do you make of what's going on? >> well first of all, when our relationships in the middle east get frayed as they have with saudi arabia and the uae, and with this administration, the middle east leaders, they have choices, and even president biden, during his visit to see

mohammed bin solemon in saudi arabia, he mentioned one of the purposes of the visit was to make certain that china and russia did not fill the void of the united states pulling back in the middle east, and that's exactly what's happening. so our audience understands, china has deep interest in the middle east. 62% of their oil flows out of the persian gulf. that is the reality of what they're dealing with and they know this. if we ever went to war with china they know the united states navy would go out there and shut that oil flow down to china, and they want military bases in the middle east. they've got jabuti, but they want more than that to be able to protect their oil so that's what this is about. they have strategic issues here to protect their vital interest, which is the flow of oil out of the persian gulf, and if they can take advantage of the united states whose not playing its hand as well as it should be playing, with the arab states they are going to take advantage and that's what they're doing. neil: general, do you think

xi-jinping dodged a bullet by essentially dropping this zero tolerance policy regarding covid because it led to nationwide protest and far worse, but that it was a reminder how, you know, volatile his grip is on power. >> yes. you were broken up a little bit there, neil. i didn't get all of it but i think you were asking the question about covid and the compromising standard, was that the question? neil: right, no i'm sorry for that and my voice, general, but that in a way, he did this to ease the criticism he was getting, and the revolts going on ink across country, but i'm sure was a reminder to him to, you know, staying in power isn't a guarantee. >> yeah. well certainly, that whole issue with his covid stance is literally blew up in his face because one, he didn't develop

an appropriate vaccine themselves. they undermined the western vaccine which was quite superior , and now, he's going to face another issue, neil. his healthcare system and the infrastructure that's in it is really in in inadequate to cope with massive illness in the country that is likely to take place as he's reducing these restrictions on his population, so he has backed himself into a corner here with these unbelievable standards, and did not do anything in the last three years that substantively improved his healthcare system, so that's the challenge we're going to see that's coming pretty soon. neil: general, thank you again very much. jack keane on all of that. meanwhile, cities and states announcing that the pile-on is on, on going after tiktok and it's building steam, considerable steam. stay with us. as an independent financial advisor,

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>> welcome back to "coast to coast" i'm edward lawrence at the white house. now, indiana is suing tiktok over privacy concerns as well as saying that the app is designed to get kids addicted this follows a wave of states with concerns over tiktok. you see , there's a number of states that have already banned saying texas and south carolina the latest to do it. you see the other ones with more considering the move. now maryland governor larry hogan says the app could compromise sensitive information on state devices. >> the home to nsa and u.s. cyber command so we have ongoing discussions between our state leaders with all of the federal leaders. federal government seems to be really slow to act but there's no question they are a real threat. reporter: president biden actually ended a review of tiktok, started by former president donald trump. here we are two years later with the same concerns and a new review. now the treasury spokesperson saying no comment on when the

review will be completed. now china expert and author of the 100 year their a monday michael pillsbury says this is part of china's long term plan. >> it's crucial to maritime growth rate and they are assuming global primacy, so any specific example where tiktok data is uploaded from a 12- year-old, that itself is not important. what's important is this overall strategy to get everything about america on digital memory, so that to ask a question, or to trace patterns, they will have the data there. reporter: now the white house would not say whether they will ban the app for federal devices, just that there's a general concern over china. back to you, neil. neil: thank you for that, edward all right i want to go right plow to former attorney guy lewis. guy, i guess i just want to get the big picture from you. can we force a tiktok not to do business in the united states?

>> boy that's a great question, neil. can you force them? probably not. can you regulate them? you bet, and watch the republicans now as they take over the house start going to war with some of these big tech adversaries, they would call adversaries. the real question in my mind is always transparency and fairness neil: so very different stories, but it seems on both sides of congress, there's a push to look more closely at tech companies even american ones, that they're suspicious of them, so the environment, how would you describe it? >> i've got to think right now, it's almost hostile and adversarial, neil, whether looking at tiktok, whether looking at the elon musk take

over and some of the things we're seeing there. it's very strange. i didn't think some of these stories could get stranger but when the fbi is now the general counsel over at elon musk and twitter, and then you see this tiktok and the threats going back and forth, i do think there's going to be some shots fired over the bow back and fourth between congress and some of these big tech companies. neil: we'll watch closely, guy. thank you very much. guy lewis. meanwhile, you've heard from a lot of big money guys that the consumer might be in a world of hurt but the consumer is still buying. it's the latter part that worries dave ramsey. he thinks you should be in a position to buy, but only if you're in a position to buy. one of my favorite money guys is next. ♪

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cool. introducing elevance health. where health can go. >> so we're not going to hell in a hand basket despite so many people fearing that we are, neil the reality said simply when you look at air travel is globally any single airline aside, any single location aside, globally, we're beginning to get to where we're approaching pre-pandemic levels of air travel around the world, and that keeps growing. neil: that was ken fisher with us yesterday talking about re bound in consumer activity, things that consumers are finding their footing. dave ramsey, no doubt, hopes that's the case but he's built a career trying to pay it forward because he was in a world of hurt spending more money than he had and he's devoted his life to

making sure no one repeats that. when i say pay it forward he's written seven best sellers. he's helped millions come out of the brink, and to this day, reminds americans, you spend what you have and no more. the fact that he's also very very cheap, but also a nice human being. >> [laughter] neil: i think adds to his umph. dave very good to see you. thank you for joining me. >> merry christmas, my friend and you trumped my cheap card, you know that. neil: oh, come on, you know, david but in all seriousness, you bring a good point to the table and that is and i thought about you when i read this story that more americans are tapping their 401 (k) for cash. that's just the kind of stuff that worries you doesn't it? >> yeah, we've got consumer spending for black friday and cyber monday and going into the holidays is up 11%. meanwhile, the consumers freaking out at the gas pump and at the grocery store with inflation going i don't

have enough money and yet they went out and kind of had a spending temper fit for christmas, and are spending like crazy and then on the other hand we're tapping 401 (k) for hardship withdrawals and so i think this is a thing where people need to slowdown and backup a little bit and just say gosh, it's tight out there. the gas pumps real. this grocery thing is real. the inflation is real, and so slowdown a little bit, calm down use some wisdom here and no, don't run your credit card debt up which is the highest right now its been in almost 20- something years. neil: you know, for all your dense it and christianity, you really give it to those on your radio show when they're not hear ing what you're saying. how do they react to that, slowdown, cool it, don't spend more than you have. what's their reaction? >> well, i mean, obviously different folks have different reactions, but we've been on the air for 30 years so we've

got, with some of our listener base we have a very long relationship and they expect me to tell them the truth, to love them enough to tell them the truth, and you know, if you're misbehaving and someone just pats you on the head and says keep doing it that's harmful. that's enabling, and so we want to be loving and i'll start out with somebody that doesn't know who we are, pretty calm and easy , but if it's an all-timer that's been with us listening to us 20 years but doing stupid things then hey, i love them enough to tell them the truth don't do that. it going to hurt you. neil: do you ever run across though people who don't hear you , and you're just fed up with it and you say you know you sound like a fool and i'm wasting my time talking to you. >> oh, absolutely. absolutely. it makes great radio [laughter] and so but the good news is we get to, you know, we get to have the conversation with about 20- something million people listening in, and so it helps them for us to have that conversation. the person i'm talking to maybe

is not going to receive it and that's part of the deal, but we have the radio part of it and we just have to move on to the next caller and somebody that does want the help. neil: yeah, probably just a cnn viewer anyway, but let me get your thoughts on consumers now, we're told that they're not really hurting as much as been said, ticket prices, crowded restaurants, all of that, and that's what will avoid a recession. do you buy that? >> i don't know. i mean, we're seeing layoffs hand-over-fist which is a sign of recession. a lot of big publicly traded companies are laying off 10-15% of their workforce, so that is not a good sign and those folks are not going to be out there by ing airline tickets. they are at home because they got laid off and so we've got that part of the economy. it seems to me it's kind of patchy. there's sections where people are prospering and doing well, spending like crazy, and then there's sections where they are

getting hammered by these inflationary rates and by these increasing interest rates, and so it's not just a certain pocket demographically but it just seems to be thinly sliced out there, kind of nuanced if you will, so you can't just throw a blanket over all of it and say it's all bad or they're all spending like crazy so we're not going to be a problem. neil: so let me ask you, do you still buy things with cash? you still recommend that? >> oh, absolutely. i haven't borrowed in 30- something years, and when we have a -- neil: so you walk into a restaurant with a bag of cash? i mean, um what do you do? >> [laughter] well the last time i bought you dinner because you were cheap, i used a debit card. neil: [laughter] well, it's so good to have you. dave i'll never forget your kindness. a lot of you don't know this , when i was a nobody, worse than a nobody, this man took the time out of his very busy schedule to host a book party for me, and

got a lot of people to come to that event. i don't think you knew me that well, i knew him very well but i'll never forget that kindness. he didn't have to do that. he did it and he didn't even ask for a percentage of the book sale. dave always good seeing you my friend. >> you too, merry christmas, my friend. neil: merry christmas. that, my friend is called paying it forward. we'll have more after this. vo: it's a new day. because covid vaccines just got a big update. just in time for everyone who works. with other people. just in time for... ...more togetherness. just in time to say “oh, you bet we'll be there!” because the updated vaccines can now protect against both the original covid virus and omicron.

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>> welcome back to cavuto "coast to coast." i'm lydia hu. the prince harry and meghan m documentary dropped this morning , the first three episodes of the six-part series are now available and it's said to be a revealing look at the couple's courtship, controvers ies including harry's criticism of the media with accusations of racism, their shocking departure from the royal family, and their new life in california, and that's also why its been the subject of loud criticism, as the couple made the unprecedented departure from the royal family amid their cries for privacy, but now, they are releasing never before seen clips and photos of their family including their children. three-year-old archie and 18 month old lilibet, kept out of the public eye until now. the introductory scenes also leave viewers asking just when

did harry and meghan begin planning this series. at the beginning harry is seen talking into his phone, from london heath row airport and he says, "we've just finished our two weeks, our last stent of royal engagement" and there's a similar clip of meghan apparently filmed herself. some are wondering whether the couple filmed these clips amid their departure from the royal family with plans on using them in the series even though they were calling for privacy and remember they wouldn't sign their netflix deal for a reported $100 million until six months after they left well, only hours after the series release there's already conflict brewing over whether netflix reached out to the royal family for comment and the film claims they did, and the royals declined to comment, but the new york post reports that the palace claims netflix never asked for comment at all. all of this highlighting just how fractured the relationship between harry and meghan and the royal family remains.

now, harry and meghans agreement with netflix reportedly requires the couple to produce more content for streaming like films and children's shows, so it seem s that this is just the start, neil. we can likely expect to hear more from harry and meghan in the future. back to you. neil: i have a feeling on that, lydia hu, thank you. jonathan satragot i'm joins us royal expert extraordinaire. jonathan, what do you make of all of this? >> well prince harry had something to say about royal experts by the way so i think you should be careful calling me that. we're just journalists who happen to cover the royal family which is pretty much true. we are journalists who cover the royal family that's how we're qualified. we research it and talk about it what do i make of it? i thought the whole thing was pretty boring. i watched it on 1.5 speed, thank you, netflix for that facility, and it was still pretty dull and hard going. neil: now, i'm a little different to think that at least

netflix would reach out to the royal family. we don't know the real story on that but then of course it's about how you aggressively go about getting their take on this do you think they ever did and do you think if they did the royal family should have said something? >> journalistically, you know, i know that when you're talking about someone, especially somebody very public, very famous, you do go to them and give them a right to respond, a right to set you correct if you're wrong, so one can only assume the netflix should have done and if there is now this rumor that they didn't do it well that's another problem that comes hot on the heels of the other problems we saw even before netflix dropped the actual episodes, we saw these controversies over the clips they put in the trailers that weren't even anything to do with harry and meghan, shots of the paparazzi chasing people but they weren't chasing them so i think that there are questions of the program makers to be answered but i think the bigger questions that anyone who sat through this boring three-part

so far are not really about those details. they are more about why on earth did netflix pay so many millions of dollars for a load of old news we already heard on an oprah winfrey interview. neil: you know if you didn't know any better looking at this , i've not seen and i've seen a lot of highlights but it almost looks like the crown, just a slightly more hyped up version. even the type face on the names and all or am i just imagining things? >> listen, i wondered why, for example, prince harry didn't say anything about the inaccuracies in the crown. plenty of other royals apparently are unhappy with how they are portrayed and plenty of other people who aren't in the royal family and therefore free to speak out like john major, the former prime minister did speak out before season five of the crown and say it's not accurate. prince harry, on the other hand, told james cordon in that interview it was more or less accurate, no less accurate than some of the stuff the press wrote about him and that it gave a sort of general sense of

things. i wonder if there's an unspoken deal, perhaps or something even more between harry and netflix where they will kind of go easy on him, stop making the crown before he would have been in it too much, before perhaps we would see that nazi uniform bit or the strip poker that he was playing in vegas all those sorts of things that could be embarrassing to him, maybe if un return he did a series with them. i don't know it's just speculation on my part but certainly it's a follow-on for netflix. the crown is running out of steam and this is something else they know they will get massive numbers for. neil: we'll watch closely, and thank god you are a royal expert we need them. especially these days to keep track. >> i watched it so you didn't have to, neil. neil: right there you go. we'll have more after this. dow up 157 points. the holidays with chase freedom unlimited. you know i can't believe you lost another kevin. it's a holiday tradition! earn big time with chase freedom unlimited. ♪

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