>> the the administration's really got a chilling policy on drilling for more oil in the u.s. we moved from energy independence under the trump administration to begging

venezuela and opec, particularly saudi arabia, for more oil here as we roll into 2023. >> i'd imagine the first- 3 quarters of next -- 2-3 wall streets will be ugly. >> the federal e serve has increased so quickly over these last 12 months that it leaves us in a very difficult place as the american consumer, we're likely to see sock markets decline. i'm seeing a bubble in all of this right now. >> i'd be braced for quite a slowdown by consumer spending mt. early months of 2023. we're going to be paying price. we're going to be in some trouble when we begin to notice that we're not as wealthy as we were 6-9 months ago. ♪ and we're coming to your city. ♪ gonna play our guitars and sing you a country song ♪ ashley: lady liberty holding the torch high in missouri harbor on

a beautiful -- new york harbor on a beautiful morning in new york city. good morning, everyone. it is 11 a.m. on the east coast on this wednesday, december the 28th. and, yes, i'm ashley webster in for stuart varney. and as we take a look at the markets, gaining a little more downward momentum, off about 120 points, the s&p down half a percent, nasdaq also down three-quarters of a percent. investors very unsure as hay look ahead for 2023. only microsoft very marginally on the upside, the rest of the tech stocks are down, meta, amazon, apple, alphabet. let's take a look at the 10-year treasury yield. that was coming down, but now it's heading in the opposite direction. it's up another 2 basis points at 3.86, almost 3.87%. all right, now this: former congresswoman tulsi gabbard

confronts congresswoman-elect -- congressman-elect george santos for lying about his education and work background. >> do you have no shame? do you have no shame and the people who i now you're asking hem to you, to be hair voice for them, their families and their kids in washington? >> i can say the same thing about the democrats -- >> this is not about the democratic party. >> i think we can all admit that once in our life we made a mistake.. i'm having to admit this on national television for the whole country to see, and i have the courage to do so because i believe in order to move forward as an effective member of congress, i have to face my mistakes. ashley: yeah. he's doing it because he was caught, essentially. rob smith joins me now. rob, santos is facing mounting calls to resign. what's your take on this? should he resign? >> you know, i don't think he should, ash, and let me tell you something. i saw that interview with i'll

city last night -- with tulsi last night. i do not know that was his finest hour. but these calls that are coming from the left for him to resign are not about integrity or anything like that. so the party of aoc who is currently under a congressional ethics investigation and the party of maxine waters who has been under multiple violations for her decades in congress, you know, they can spare me the talk about integrity. what this is really about is the fact that santos flipped a blue seat red, and they see this as an opportunity to gain more political power, okay? so let's put that conversation to the side. what this is the really about, and this is what's come up with a lot of the elected officials i've spoken to is whether or not george santos can be an effective member of congress should he take that role. now, i do not know. it takes a lot of people and a lot of relationships to get anything done in d.c. what i will say is the fact that no republican official in recollect ared office -- elected

office or prominent official has spoken out in support of george santos, and that does not bode well for his ability to be an effective member many congress. doug do i think -- do i think he should are resign? absolutely not. i was advising george santos, what i would tell him is, first of all, the contrition and humility need to be turned up about 1,000%, and it is not the left or democrats that deserve your apology. they do not want your apology, they want your destruction. who really does deserve an apology and is owed an explanation are the people many his district that voted for him. they're the ones that he needs to be answering to right now, not "the new york post" and not fox news. ashley: could not agree more. all right, another one for you, rob. completely different topic. hollywood director james cameron said that he's cut out 10 minutes of gun violence out of the new "avatar" film. he didn't want to, quote,

fetishize -- i don't know if that's a word -- the gun. james cameron made "the terminator" movies, rob. now he wants to drop the gun violence in these, what, an may-like films. what's your take? >> well, look, you know, he's -- "avatar" is a huge hit, okay? he does not neat to -- need to cater to the woke left like this. if this is i 40 -- he truly feels, he is entitle to that. i will say it's unfortunate that he's going back on what i believe is some of the greatest action movies ever made. you're talking about terminator 2, aliens, these are iconic movies that, yes, had a lot of gun play and weaponry in them. what great action movie doesn't? i do not understand who he's trying to cater to with. the woke left has already had some issues with "avatar," i don't know if you realize it, they've called it racist and

offensive to native americans. i don't know how blue people can be offense if i to native americans. i don't understand it, but this is his prerogative -- ashley: he's catering to hollywood, isn't he, rob? >> he's catering to hollywood, but at the same time it'll never take away what he did with aliens and terminator 2. i wish that he wouldn't tarnish his own legacy in this way to cater to the woke left in hollywood. ashley: i could not have put it -- rob smith, you're on fire. you're absolutely right, and those were great movies. terrific entertainment, gun violence or not. rob smith, great to see you this morning. thank you, sir. >> thanks for having me, ash. ashley: let's move on. thank you, rob. amc ceo adam arom has asked the board to freeze his pay, and i guess he's asking more people to do the same, right? lauren: popularity moves. asking other executives to do the same, and then he adds this: because of inflation, the company is going to increase

theater worker pay next year. so we executives who make the big salaries, we're not going to have a pay increase, but you, who work for the company, are. amc stock went up in a big way last year, the meme stock mania. he made about $19 million, that was the value of his compensation in 2021, but year is a different story. just this month amc's stock is down 40 plus percent, down 2% today. so it is a popularity move. however, it rings true, right? i mean, the stock's not doing well, so maybe you shouldn't either. ashley: plus, when you have that kind of money anyway, it's easier to have your pay frozen, isn't it? maybe not for others. lauren, let's check the markets, thank you very much. let's bring many a good friend jonathan hoenig. good morning to you, jonathan. >> good morning. ashley: the dow, the nas nasdaq -- yeah, the good mornint place. where are you? >> i'm in beautiful am pa,

florida. but i'm -- tampa, florida. the bear market continues. don't want to be a harbinger or cassandra, but even today stocks at 52-week low, only about 25 the stocks at 523-week highs -- 52-week highs. so the momentum continues to be down. now, we are at thing end of the year, so there's a lot of the end of the selling tax loss pressures, and i do think there's money to be made in 2023 many stocks, but it's the not going to be in the old, usual places. makes me think of the nasdaq back with in the early part of the 2000s. it was dead money from 2000 to 2014, but there were bull markets. so i'm looking underneath the hood for the new year. ashley: okay. you mentioned that there are some opportunities. tell me about them. you normally come up with unique decide -- ideas. what are you looking at? >> you wouldn't expect the kind of american gothic, farmer type -- [laughter] but one of my holdings at capitalist pig.com is dba.

this is a fund that invests, ironically, in agriculture, corn, wheat and soybeans. you know, commodities were a huge theme during the 1970s. they were the only asset class that really made money. so you always want to consult your financial adviser, but i think asset class as a big, central idea, commodities are the place to be, and dba is one that i own at capitalistpig.com. this is the kind of diversification you need, something off the radar screen. ashley: are you holding a lot of cash, jonathan? so many people we've spoken to say, yeah, you know, cash can be king at moments like this. >> well, it gives you options. there's in the sense, especially when interest rates were held ultra-low, people had the sense, well, i can't hold cash. the market is also like a water color that never pulley dries. in 3 months, in 6 months you have a better sense of how things d things are turning out. the federal reserve predicted no

inflation in 2022, this is the year that inflation really hollowed out the economy, and it continues. ashley, i mean, look, unless you're getting a 7-8% pay raise year after year here, you're losing money. so, yes, as an investor, you have to hold cash. that yield curve is still inverted. that is almost 100% guarantee of a recession in 2023, so i own some cash, but i also own things like argentina, a short bitcoin etf. look off the beaten path for ideas in the next year. arkansas -- ashley: jonathan hoenig, enjoy the sunshine in florida, my friend. happy new year to you. >> be well. best to our viewers. thank you, ashley. ashley: thank you, jonathan. let's bring back in lauren. you have some movers. let's begin with, oh, my oh my, southwest airlines down again today 2.5%. lauren: cancellations continue to rise, and analysts at

citigroup estimate this debacle could shave as much as 5% from the fourth quarter profits, so we're putting some real numbers on this mayhem. ford, it is the most recalled manufacturer in 2022 the, stock the's down 2%. ford has issued 67 recalls or 17% out of all of the recalls in the automotive industry affecting 8.6 million vehicles. by comparison in distant second is volkswagen, 45 recalls there. sticking with cars, neo -- nio lowering their fourth quarter delivery outlook. they expect to deliver about 39,000 vehicles in the fourth quarter from a previous prediction of about 45,000. so that stock also down by 3%. ashley: all right, lauren, thank you very much. now this: football's g.o.a.t., greatest of all time, tom brady, just made an announcement about his retirement plans. we'll have the details on that. do we believe them? if. does sam bankman-fried want

to take his story to hollywood? why not? the disgraced ftx founder just met with the writer of the big short. we're on that story. and denver declares a state of emergency over the migrant crisis. more than 2,000 migrants have arrived in the city just this month costing taxpayers millions of dollars. madison alworth has that report from denver next. ♪ if he ever hurts you, true love won't desert you. ♪ you know i still love you -- ♪ though we touched and went our separate ways ♪

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ashley: the supreme court has brocked the biden administratioe biden administration from ending title 42. come back in, lauren. this is just a temporary freeze hoe, right? lauren: correct. it buys everybody time. so the supreme court has temporarily halted the end of title 42 in a 5-4 decision. the conservative justice, neil gorsuch, sided with the three liberal justices in dissent, but he said it, elected officials have failed to address the emergency at our southern border. in the meantime, some law makers are now demanding that the white house have a plan in place to secure the border by the time the supreme court decision does come, that's in june. oral arguments begin in february, ashley. ashley: all right. lauren are, thank you. now this: the city of denver has declared a state of emergency over the migrant crisis. madison alworth joins me morning from denver and, madison, is the

city getting any help from the feds at all? >> reporter: ashley, not yet. so far they received help from the state government in terms of managing donations, but the mayor tells us they urgently need help from both the state and the federal government for housing and financial assistance because they say that they are on the verge of a humanitarian crisis. so denver, which is over 600 miles from mexico, they've seen nearly 2 the,400 migrants move to this city since the start of the month. the city has already spent $3 million to accommodate the sudden influx that has more than doubled the homeless population in city. >> we're looking at a 70% increase, and that's over a matter of 3 weeks. and so a city like denver that's not a border city, we don't have the resources, typically we don't have the contingency plans in place to house an additional 2,300 people very quickly. so it's certainly hit us, it's stressed our resources.

>> reporter: buses have been the main transport for the migrants coming to denver with groups organizing those buses north9 to reduce the stress at at the border. on average, denver is seeing 160 new migrants arrive every single day with no sign of that slowing down. because of the sudden influx, the city has had to open two emergency shelters and a welcome center, but the mayor was very clear with us, hay cannot take any more migrants. he told us the city is on the verge of becoming another to el paso with people living on streets with very cold temperatures at night. the mayor believes the hold on title 42 could spell some good news for the city. now hat federal government has a timeline of when that decision is going to need to be made, he's been in talks with other mayors as well as the federal government. he believes he'll be hearing from them shortly about what to do in the short term because, like i said, they are very concerned with the current situation with those people piling in just every single day. ashley?

ashley: all right. madison alworth in denver on the migrant issue there. madison, thank you very much. let's brick in now kim strassel -- bring in kim strassel. kim, good morning to you. look, do you think the supreme court's title 42 ruling will do anything to slow the migrant surge? >> no, unfortunately, i do not, ashley. i think at this point the message has been sent loud and clear prosecute biden administration that -- from the biden administration that they want people coming many. hay want people to come claim asylum, they're going to wave them through pretty much any claim they make. and remember, again,- going to be their fix. we can use title 8. title 8 is the asylum portion of the codeand we know that's how we end up with all of these people across the border. so i think absent congress, in fact, taking action and perhaps doing something to change asylum rules at least for a while, we're going to continue to see these surges. ashley: you know, kim, i want to

move on because you ask yourself, what's the administration doing? well, i can tell you that president biden just kicked off his vacation in st. croix. the white house calls it a working vacation. even though there's absolutely nothing on his schedule. i say he's working on his tan, that's about it. [laughter] maybe do you think he's actually taking time to make a decision about 2024? what do you think? >> you know, he's said that's what they were going to do, spend some time together and have this conversation. look, i have to tell you, ashley, i think he's decided long ago. now, you know, the white house is broadcasting that the midterm results are now what is giving new lift to this idea that he's going to run. but, you know, this is a guy -- people forget because sometimes the press, you know, they treat him a little bit like your kindly grandpa, but this is a guy with a huge ego. [laughter] think about his entire life. i mean, go back to that new hampshire clip when he was running for the first time for

president, making up things about his ranking in law school right up to him challenging guys to push-up contests. this is a guy who thinks he is superman. the problem is that he's, in fact, 80 years old. even members of his own party do not want him to run. but if he says he's going to, it's going to make it very tough for people to challenge him. ashley: from a republican's point of view, kim, is that good news? they would like to go up against biden? [laughter] >> well, it all depends on who they've got on their own ticket. ashley: yeah, true. >> one of the reasons biden is thinking of running is because he thinks it might be a rematch with donald trump. i think things look very different for republicans if they have some fresh blood in there because then biden's not going to have the boog dwiman of trump -- bogeyman of trump to throw around on the campaign trail. it'd be a very different scenario. ashley: looking into your crystal ball on that line, do you think desantis could be

persuaded to make the run? he certainly acts presidential. >> i think there are a lot of republicans who are debating doing this, and donald trump may have made a big political error in launching so soon because his campaign has kind of gone down with a thud, and this is encouraging republicans to take a rethink. and suddenly, ashley, a lot of those republicans who had said i won't run if trump is going to run, now they're going quiet or sending out little messages that they may get in. there could be a very crowded field, in fact, many next year. ashley: we certainly hope so because from a news point of view, it is so much fun to cover, and it gives us so much content. there's always that. kim strassel, great stuff -- >> never a dull moment. thank you. ashley: never. that's why we love it. thank you, kim. let's check the markets for you. we've been gaining downward momentum. it's the last trading week of the year and what a pretty miserable year it's been for stocks. the dow off 151 points, the

dow -- the s&p, rather, down half a percent and the nasdaq down eight-tenths of a percent. one of those days. then this story, former first lady michelle obama makes a shocking claim about her husband during her book tour. get this, she says she couldn't stand her husband barack back when their children were young. michelle says this, quote: there were 10 years where i couldn't stand my husband. for 10 years while we were trying to build our careers and worrying about school and who's doing what and what i was like, ah, this isn't even. but guess what? 10 years, we've been married 30. i would take 10 bad years over 30, it's just how you look at it. interesting, isn't it? i'm surprised. michelle added that she always respected her husband despite all these challenges. the two met, by the way, at a law firm back in chicago in 1989. how about that? very revealing. does she really mean it,

couldn't stand him percent first 10 years? -- for the first 10 years? my oh -- anyway, do your employees need help with basic phone skills? >> be respectful. >> yes, michael. >> could you hold on a second? that's my other line. >> no, but i -- >> hello? [laughter] this stupid salesman, he's so dumb. ashley: hilarious. one woman is charging hundreds of dollars an hour for what's called phone etiquette coaching. we're on that story. maybe some people need it. take a look at bitcoin. my next guest is a crypto investor who lost $25,000 in the ftx collapse. does he think he'll ever see that money again? good luck, that's what i say, but i'm going to ask him next. ♪ ♪ i do it, i do it for the fun. ♪ i don't have money on my mind ♪

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wonderland with a country twang. looking at chicago, the windy city. 35 degrees right now for december 28th. it's above freezing, we'll take it. all right, let's take a look at the markets. the dow is down, what, 157 points now, about half a percent. the nasdaq down three-quarters of a percent. also the s&p 500 down half a percent. the energy sector really lagging today as the price of oil starts to drop. now this, disgraced ftx founder sam bankman-fried could have hollywood ambitions. he reportedly met with author michael lewis while on house arrest in california. why not? what else are you going to do? lewis is known for writing moneyball and the big short which were both, as we know, turned into blockbuster movies. bankman-fried and lewis have reportedly been in contact for months, way before the ftx collapse. makes you wonder, doesn't it?

now i want to introduce a crypto investor who lost $25,000 in the ftx collapse. welcome to the show mark miller. mark, great to have you here. first question -- >> thanks for having me, ashley. ashley: -- oh, my pleasure. do you think you're going to see your $25,000 again? >> well, it's probably unlikely. it's probably more likely that i'll win the mega lottery than getting my $25,000 back -- [laughter] but i'd like to think that, you know, through the court system and through the prioritization of the customers that come first that maybe we will see some of our money. ashley: yes. >> i hate to think that the venture capital firms and a lot of the big investors in the company itself are going to be the standing in line if -- in front of us as customers that actually had our money robbed out of our accounts. ashley: yeah. >> but it's probably a very long shot. i'd like to see the process though, i'd like to see him go to court, and i'd like to see a

trial where we can all get to the bottom of exactly what happened. ashley: that's a good point. are you part of the new class action lawsuit against ftx? >> no, i have not filed yet. in fact, i keep trying to investigate to see what the process is to file a claim, and i really haven't found out yet. ashley: yeah. are you still investing in crypto? >> god, lord, no. please, no. [laughter] i think if i get some of my money back, you know, i invested a small amount of my money. you know, i'm retired now, so, you know, i don't have a tremendous amount of money in the market, in crypto. but if i were to yet some of that back, i think maybe i would look at possibly if reinvesting it, because i think crypto's good for the future. i think it's a good currency, i think it has certain value. but i think the biggest thing is let's take care of the customers that were robbed of their many

times many, many more thousands and hundreds of thousands of dollars more than what i was robbed of out of my account. hopefully -- ashley: yeah. >> -- we'll get some justice, and some of us will get some of that the money returned. ashley: and the question being, mark, how do we know there are more sam bankman-frieds in the crypto world? >> well, that's the problem today. i think that a there's so much corruption at so many different levels from the top all the way down. we've witnessed this now over the last several years, and it almost seems like people that are in the financial and the business world today look to our leaders, and they just follow suit. and i think it's a real sad situation that these people like sam bankman-fried think they can get away with this. ashley: what would you like to see happen to himsome -- him? >> well, i'd like to see a full trial because right now he's just accused of these things. certainly would like to see it

play out in court. i think that he should be put away if it is true that he, you know, is accused as charged and he, you know, makes it all the way through. but i think that he should go away to jail for the rest of his life. ashley: what i'm fascinated by, mark, and we're going to have to go here, but very quickly, you said if you get some money back, you may be tempted to remassachusetts in the crypto world -- reinvest in the crypto world. so i guess your faith hasn't been totally obliterated. >> no, i think that it's still a currency that, you know, can have some long-term play. and i think it could be a part of the diversification of anybody's portfolio. ashley: fascinating. well, we thank you for taking the time to talk to us about it, mark miller, and we wish you the very best of luck in clawing back the money you're owed. >> thank you very much, ashley.

ashley: thank you, and the best of luck to you. thank you, mark. all right, now this: football legend tom brady is speaking out about his retirement. we've been down in the road before. listen to what he told the let's go podcast. listen to this. >> i think next time i decide to retire, that's it for me. so whenever that day comes, we'll figure it out. ashley: hmm. well, as you remember, brady retired for the first time last year. it cost him his marriage. and then came out of retirement just 40 days later. for now, brady says he has no plans to retire, he's just focused on finishing the season with the tampa bay bucs. we'll have wait -- have to wait and see. this has been a record year for online sports gambling, by the way. incredibly, at least $80 billion have been wagered in online gambling so far this year, $80 billion. five states legalized online gambling in 2022. that money's just going to go

up. now in the, after no one won the mega millions last night, the jackpot is now the sixth biggest in history. here we go again. it's the now an estimated $640 million. the final drawing of the year will be friday night. the odds of winning, we say this every time the, a mega millions jackpot about 1 in 303 million. and we know stuart varney will not be buying a ticket. now this, crews are working around the clock continuing to try and clear the roads after that deadly blizzard in western new york. some areas were buried in 4 feet of snow, but a big warmup and a big melt is on the way. we'll have the weather report. meantime, tiktok is officially banned from all staff devices in the house of relatives. congress -- representatives. congress says there are just too many security concernings and that begs the question, does a -- is a larger tiktok ban underway? we'll have that next. ♪ ♪ -- save the world tonight

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they have to delete it immediately. this tiktok ban just applies to government devices, but it could be a first accept towards a broader ban. >> the chinese are using it to spy on americans and the algorithm, what they're doing to our culture and society, spying on our data is wrong, and we need to get to the bottom of it. we should ban it from all government devices. that should be accept one. >> reporter: a tiktok spokesperson saying in a statement: it is troubling that rather than encoicialging the administration to conclude its national security review of tiktok, some members of congress have decided to push for politically-motivated bans that will do nothing to advance the national security of the united states. tiktok is still trying to convince government officials that they are not a national security risk and get the nod to say operational -- stay operational here in the u.s. while still being under chinese ownership as part of its parent company, bytedance. but the app has drawn concerns for a recent scandal where bytedance employees

inappropriately accessed u.s. user data and ip addresses to track some tiktok users as an attempt to get to the bottom of leaks at the company. >> doesn't surprise me becausic doc -- because tiktok, over the course of about two or three years, have been giving assurance after assurance to the united states with about data security, and they've violated all of those assurances. and remember, they were tracking those journalists because they were trying to figure out who leaked to buzzfeed. >> reporter: as a result of that, four bitedance -- bytedance employees were fired, two here in the u.s., two in china, but it is still disconcerting to some government officials that are worried that data is going to end up in the hands of the chinese communist party. ashley? ashley: yeah. no big surprise. hillary, thank you very much. appreciate that. now this, pretty interesting. some millennials and gen zers are asking for professional help

with making phone calls. one woman, who calls herself the phone lady, charges nearly $500 an hour to help young people with, quote, phobe phobia. watch this.. -- phone phobia. >> i certainly didn't start out working to solve phone phobe. >>. -- phone phobia. but in the last 8-9 years, it became evident that was what the client base wanted. i would get calls from ceos and so on asking them to help me with their staff who were hesitating and anxiety-ridden about making phone calls. ashley: anxiety-ridden. it's fascinating, isn't it? mary jean copps believe phone skills have pallen by the wayside due to an increase in text thing and and e-mails. that'll's probably true. all right, take a look at the dow 30 stocks right now, get a sense of the markets. we know we're on the downside. only 3 of the 30 are up, all the

others are moving lower. the laggards, chevron, dow and apple. apple down nearly $3. the dow itself down about half a percent. all right, now: home prices fell for the sixth straight month in november. the question is, will that trend continue into the new year? mansion global host katrina campins are take that on next. ♪ country road, take me home to the place i belong -- ♪ west virginia, mountain mama -- ♪

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i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. ashley: now this, many a stunning viral video, an alleged drunk driver was caught speeding down a frozen canal in indiana. watch this. [background sounds] >> yo. what? ashley: yeah. after being rescued from the car and evaluated by medics, the

33-year-old told police her gps told her to drive on the frozen canal. she was aa rested and charged with a dwi. all right, talking of winter weather, the winter storm in buffalo finally subsiding. crews desperately trying to clear the roads. adam am klotz joins me now. what does the weather look like in buffalo today? things are warming up, right? >> reporter: yeah, and that's going to mean a lot of snow melt. as we look back on it, as much as 50 inches, 52 up inches of snow at the buffalo airport. a ton of snow on the ground, but what's coming next -- and it is warming up, today getting up to 40, but if you look at the week ahead, unfortunately, some rain on top of that which is going to add to even more melt. there are minor flood concerns, not major, but minor. on friday temperatures up to 50 degrees. and it stays relatively warm. now, that is going to be the story not just in buffalo, but across the country where we've seen that deep can freeze linger

through the christmas holiday. that is no longer the case. these are your current temperatures, 45 in kansas city. right there the in the plains was one of the coldest spots, and it's warming up, ask a lot of folks are going to be warming up in a big way. this is your forecast for today, i'm going to run you through the next couple of days. you go from wednesday, pay attention to the time stamp up in the corner, it jumps to thursday, and you see 57 in louisville, close to 50 in new york city, close to 50 in detroit. and the same is going to be the case in new york. much warmer air is funneling many and really changing that big freeze we saw that lingers all the way to saturday's forecast. very mild temperatures, well above what you'd seasonally see time of year. and by the time you get into friday, over 250 million americans are going to see temperatures above seasonal average. so we went from incredibly cold to now temperatures that are way warmer. since gnat i, ohio, on christmas day was 17 degrees? on new year's day it'll be 54 degrees. you see that's the case across a

lot of cities from pittsburgh to buffalo, to portland. really almost the entire eastern half of the country is going to go from absolutely frigid to above average temperatures, makingsing -- making it feel a whole lot nicer. it's mostly dry on the east half of the country. they have been battling rounds of snow, and it's good for skiers, but it's moved down into the rockies. that is a look at the forecast which is including a big warmup, ashley. ashley: very good. a nice warmup, we'll take it. good job, adam. thank you very much. now this, pending home sales, prices -- pending home sale prices falling in november, sixth straight month of declines. kind of tells you where the housing market is. ing katrina campins, host of mansion global, joins me now. prices have been dropping ever since the federal reserve began raising rates, we know that, but do you see the decline in housing continuing into next year? >> the big question is what's going to occur in 2023, and i

think the word for 2023 is going to be slow. ashley: yeah. >> i think we're going to see a very slow market because we're still going to have high inflation, high mortgage rates. people are asking, well, what do you anticipate when it comes to mortgage rates? i think we're going to be the around the 6-point mark. i think we will toward the end of 2023 reach maybe 5.7, 5.8, and we will see a recovery in 2024. but 2023 is going to be tough because the market's going to try to balance itself out, and it's going to be a very slow, slow recovery. buyers are going to have a hard time because interest rates are still high, and there's still very low supply in the market. we only have 3.3 months of supply, a healthy market is a 6 months' supply. inventory will improve slightly, but i think affordability continues to be the main, key issue here when it comes to housing. ashley: slow recovery. all right, katrina, thank you.

next one, i want to mention you have two episodes of "mansion global" airing tonight. let's have a quick preview. >> they say that the ocean is the best medicine, and the minute that you walk in, your whole energy changes. picture your friends and family sitting here enjoying a good football game with or even the super bowl. and your friends are never gonna want to leave, because when they're not watching football, they'll be playing pool, arcade and e enjoying those gorgeous views of not one, but two pools. ashley: not one, but two pools. you get the best gigs, katrina. [laughter] beautiful homes. what can we expect, more of same? >> well, tonight we actually go back to florida and this particular home so on the beach. and i love the beach, you know? during the pandemic a lot of people relocated to the countryside and the beaches. they decided it's time to enjoy life. if i is my -- if i have my

choice, i want to be on the beach. ashley: we all do. [laughter] >> we're going to see that gorgeous home in florida. and, of course, florida's on fire. it's continuing to do well and markets continuing to appreciate even with the slowdown. ashley: and we should mention, katrina, you can catch "mansion global" tonight starting at 8 p.m. eastern time. katrina, thank you very much for stopping by. >> thanks for having me. ashley: by the i way, the glamorous island estate from the new movie, "glass onion," just listed on zillow. >> you are from that island. because tonight a murder will be committed. my murder. ashley: my murder. the greek island murder mystery listed online for $450 million. the only catch, it doesn't exist. it was created by netflix to promote the film. how about that? do we have time for the wednesday trivia? let's do it. how much confetti is dropped in times square on new year's eve? who keeps track of this? the answer is right after the

break. we'll be back. ♪ ♪ . .

ashley: earlier we asked how much confetti is dropped in times square on new year's eve? i tell you. 3,000-pound. for the poor folks that have to clean it up. edward lawrence in for neil today. edward, take it away. ed: how much i feel way after th