store flood inflation persistent not seeing a break are there areas you can say this is letting up that is letting up? >> it is letting up in price of -- building buildings, lull beer coming down a lot of areas. maria: that is housing market in recession. >> yeah because they still want to sell so the prices are coming down, and. maria: what about food. >> food, you know when you talk about eggs it is a problem the problem is there was flu among chickens. just let it cycle out. maria: okay great conversation dow industrials up 85 we leave it there, douglas holtz-eakin. >> is if lou baezness cheryl casone thanks very much have a good day seize the day take

>> how many killings are we going to get from elon musk today, tesla made regular profits in the last three months of 2022 and $3.7 billion, and better yet musk himself put a spin on the business in the future and recent price cuts of surging and orders music into the investors years the stock is up and it is of 9 percent, that is 13 bucks higher for tesla is ox overall rally as a positive profits reports from several big names earlier today helping ande learned that in the last quarter of last year, the economy expanded an annual rate of 2.9 percent i will call that resilience and dow is up about 80, nasdaq is up about 125 we been keeping track of the rising gas prices and is still going up in the regular is not reach 350 a gallon and that is up 40 cents from one month ago and were also keeping track of playoffs, they keep coming in as well, ibm just announced 3900 job cuts and sap

come the software company dropped 3000 and will president biden address seasons and he delivers a speech on how economic progress since he took office and we are told he will spend much of his time attacking republicans in my opinion, is just a distraction from the president's document problem which is also spiraling out of control democrats senator mark warner and tom harding that patron to shut down the side of the both on the intelligence committee and they are blocked from finding out what is in the documents and it sounds like a cover-up and the longer it goes on, the words to get on the show today, california never minute talks that it didn't like in san diego once and convert 800 miles of highway into a tollroad and want to make driving so expensive coming up to take public transportation i'm fighting come thinking of tax-and-spend and now we have to hangover, $7 trillion worth of spending in his first two years running shallow, $400 billion in interest every year over a

million a day invited said is the republicans were fiscally demented and thursday january 26, 2023, and varney & co is about to begin. >> did you pick this. >> i did not. >> it's interesting that's interesting, let me clear my throat this might cool the gang. >> he does know his music. >> my pick is coming up. >> what you mean your post of it that's a spectacular song. stuart: let's get to tesla, is a nice time this morning, look at that, it is a 5.35 percent, 13 bucks and it's 157 all right,

take you through the report. >> 102 okay, it is not about that report, hit is about everything that we said, elon musk about the future and rolled it down to re think some that's a huge demand for the vehicle workers are double production in the month of january, okay, it's a huge demand and yes because of the price cuts and it has hurt their margins at tesla but they can afford it and that profitability come up her car at tesla is seven times that of toyota, that's amazing and number two,. >> will that is impressive. >> he expects tesla to produce 1.8 million cars this year 37 percent more than last year and he can go to 2 million okay, number three, march 1st, and yesterday, musk is teasing this new vehicle platform and it would be off of the cost of model three and why it would be thomas, that would boost the margins. stuart: the investors like all

of this up 99.7 percent johnson is with us this morning. guest: thank you. stuart: what it tesla's earnings mean for the broader market because the stock itself is doing well. guest: given the perennial optimist i should also make clear the way, that i do not own tesla and i don't intend to buy it is wonderful company but i do own find some smaller names but if you want to ask me for a you is that i thank you so a harbinger of things to come in by that i mean, there's so much negativity that is encompassed this market had yet companies like tesla, are continuing to better their performance, to outdo what we thought that they could do it i think that the message burnings this quarter will be like that message from last quarter, they are better than feared and some companies are actually doing quite well and i think tesla is an example of that. stuart: the dow is now up hundred and tesla is up nearly

100 and it really helps c5 test was really does help invert all of the ears out there worried about zoning season, thus forthcoming about 20 percent of the company and the s&p 500 have reported in the earnings are well i should say, they are 2 percent lower then where they were last quarter so if we are only down 2 percent from the previous quarter and pork we live with it because if you looking for your estimates there expect to be up 4 percent since a new term for so long something. stuart: say they're normally get to the news that we got about a half an hour ago, lauren the latest on gdp. >> yes it is better it came in at 2.9 percent and it was 3.2 percent in the prior quarter and could be the last quarter of big growth because these rate increases from the federal starting to set in speech of the consumer havoc, but the consumers slowing and and if you look at the goods and spending than expected as of 1.1 percent in a slowdown in service spending and watch that in the

fourth quarter, he was 2.6 percent versus 3.7 percent in the third quarter so we are seeing a slowdown in the present will speak about all of this later today and is in virginia delivering remarks on the economy at 2:00 o'clock eastern time, will he address the tens of thousands of job that's it tech or 6.5 percent inflation see what no he will attack republicans and hopeful that the gdp number, better-than-expected and attack the republicans' retail he is looking backward. stuart: bully care. lauren: will the consumers in the investors care. stuart: okay, i'm exasperated here and let's bring in adam johnson the gdp reports and make any difference to the overall target. >> it absolutely does when you see in economy expanding, you see the earnings coming in better than we have your. adam: and when you see inflation coming down in effect that is almost done, that is a lot to

like stuart i think the economy at the end of the day gdp, remember the line, is economy stupid, i think it matters in a gotta be honest with the arm with lauren on this one. stuart: o'kelly middle on and thank you so much adam and meta- looking from the present time under comes man's on facebook and instagram, will trump return to the size. lauren: i want to say that he has to because he is running for president but not yet, so bennett said his accounts will be reinstated it in the coming weeks, and the public should be able to hear from the public. >> at the of the day we believe that the american people should hear from including on our laps and services from those who want to is a former presidents of this country and then you're vying to be a candidate for the next presidential election so we think that it's right to let the suspension now expire. it is up to him and his team if he wants to use facebook and

instagram and he is now free to do so. lauren: okay, salute we do hear from the former president on his social media and this is what he wrote in part, such a thing should never again happen to a sitting president, or anybody else who's not deserving of retribution so bottom line, is back on facebook and instagram as well as twitter and he has not done any of the social media platforms yet, still band from snapchat. stuart: that's in nice update thank you and intense pressure to reveal what is in the document in the documents center mark warner and tom hearted said they will show them senate if they don't get full access and what is in the documents and this thing is spiraling out of control. >> i thank you so extremely telling them warner is in the camp of we are going to shut down the senate if we do not get access and maybe he is trying to position himself or something in the future admitting that your speculation on my part but obviously there's appetite, not

only from democrats on capitol hill but impress immediate which is the media to get to the bottom of this and now, that could be because joe biden's useful life as a vehicle for the powers that be, is overly can also be that the nation medias probably doing the job democrats are finally doing their job they wanted equal system of justice and i don't know which one it is tour but i think it is a good sign them on and these document shenanigans because i think at the end of the day with we keep really classified stuff costs and because of right benefits all of us. stuart: it looks like a cover-up because the longer you refuse to reveal what is in the starkness on the more it was like a cover-up and the longer it goes on the gives and i cannot help but to think of watergate in this prayed the leak and then a cascade of kit revelations that eventually ran richard nixon out of office. guest: and those are coming from the press podium, they don't give you a sense of confidence, they seem like these people trying to hide something so to

your point, let's get to the bottom of it get to the bottom of it now. stuart: they been interesting story here out of congress and you're here for the our thank you and one key democrat leader thinks that ilhan omar, will get bipartisan support coming to keep a spot on the foreign affairs committee and lauren a cassie republicans voting to keep her on in a very sensitive position. lauren: there are at least two and we will get to that so the house democratic caucus year pete adler expects more republicans to support a mark sitting on the committee, watch. >> she is the background of the breath in the experience to some of the committee and she should be able to and clearly it is going be be based on the letter that i read and it's would be a bipartisan vote to keep her on the committee. lauren: it is a math problem, victoria and nancy, both republicans on, samuel support omar because in think to wrong so big right and he didn't

likely the former speaker pelosi come up and marjorie taylor bring remove the committee so they do not want to do it again. as only two more republicans can defect here and there is a problem because greg's to becoming is still recovering after he fell from the roof of his home and so she my stay. stuart: is possible she could say. lauren: is entirely possible. stuart: weather is probable that is another story back to the futures please market opens in about 18 medicine we are going up at least it looks like it now, nasdaq is up 1304 points, gets up and coming up from the white house argued that the reporters have plenty of access to president biden, roll it. >> i don't have anything to preview it at this time on any opportunities for the president to address this in his many opportunities that you will have with him where he takes all of your questions sue and the truth is the access to the reporters seem to have is when they shout

christians at him in this out exactly accessibility is speaker mccarthy went from poorly the cuts to social security medicare off the table and selling negotiations of what is being considered, byron dolls is here next, congressman. ♪ ♪ ♪ ♪ buying a car from vroom is so easy, all you need is a phone and a finger. just go to vroom.com, scroll through thousands of cars. then, tap to buy. that's it. no sales speak, no wasted time. go to vroom.com and pick your favorite.

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1-800-217-3217. that's 1-800-217-3217. stuart: social security is a two run out of money within ten years and everyone has destroyed all right henry, does congress have any plan to address is as you. guest: well the congressional budget office said congress has to come up and fix before the

inevitable happens, they estimate because of social security already exceed somebody is bringing into the program is quickly running out of cash and fast and saying that the program's trust fund be empty by 2033, warning this, if the gap between the trust funds outlays and income occurs as they project, then the balance of the trust funds will declined to zero in 2033, the social security administration will no longer be able to pay full benefits when they are due and this is as the debt crisis looming over capitol hill democrats are accusing republicans of wanting to gotten social security and medicare to reduce our debts. >> well let's see what because they actually want to make and will see if they can pass any of them and i doubt it, i doubt it and so to my gop colleagues, if you want to talk about all of this, then you have an obligation to show the american people precisely what kind of cuts you want to make.

>> even if they leave the program in touch social security and medicare according to experts will run out of cash anyway leaving the people who are counting on it was nothing in republicans and democrats over the past two years, has magnified this money crisis we are facing today, their solution is to at least get the democrats to agree to keep spending stagnant for the next year he heard. >> we have this debt crisis because president biden in the house democrats the senate democrats for the last two years has spent more than an increase of $10 trillion and we are going back to fiscal year 22, spinning levels but think about this maria, that is what we were spending just over three weeks ago and that was me for the past the $1.7 trillion spending bill and i was on the long ago as was not that much to ask it. >> clearly some democrats including the president think that is too much to ask in return for raising the debt ceiling the white house insist that the president is not going to negotiate or complicate undercover rights with republicans to raise the debt

ceiling. stuart: i got it in thank you and joining us is congressman byron donalds republican from the state of florida congressman, i want to talk about social security because there is a proposal in congress to raise the retirement age to 70 and with every a cut in social security which is what mccarthy said is not going to happen. byron: what a couple of things, let's make sure that were clear and communicating, are the reforms need to happen, absolutely and they have set it and ownby is that if anybody with any sense knows, the going have to reform those programs because were going to be honor the payments and benefits for retirees and those promise but you can't not do that if washington puts her head in the sand and ignores the inevitable problem that will come with those two programs. no specific to the debt ceiling, no considerations at all for reform social security and

medicare, when he comes to the debt ceiling and these are two different conversations. congressional the rest of the white house, are trying to make it about social security so frankly, to scare people into thinking that republicans are engaged in some suffering fusionists are true and talking about reforms to the spinning through non-defense discretionary dollars, which have been increased, substantially democrats when they were in full control of this place for the last two years. stuart: can you tell us what you would be cutting. byron: a couple of things, number one prevents a look at things like all of the covid-19 money that is been caught up throughout the years and we have about a half a trillion, that is still has spent and it is been appropriated to go up with the money is not actually get the street how the money should definitely come back and have things that they just did in the ominous bill things that were just on in their inflation reduction act really green new deal subsidies and all that stuff, we simply cannot afford it, with are trying to tell the market people is, we already

agreed to spend the money will house republicans didn't agree to any of that spending and we are in charge of the house now and we are saying the money needs to stop and if you want to have an increase in the debt ceiling and last point on this, they have been where they are responsible with a spinning on capitol hill, so just saying that were going to keep all of the spinning going, and raise the debt, that is rear and front your response will not reasonable after the to say that they won't negotiate is frankly insane. stuart: brief now just i would like to address the education issue is a, three same ready to file a lawsuit against governor desantis because he on the african-american studies in the state and do you support the van congressman. byron: first of all, the reporting of this is not true at all, there is not a fan of nap studies course, it was actually an ongoing negotiation with college board, about the limits of the course, and eventually read the syllabus, sections 12

and three of this course, they make total sense, they are steep and african-american history for section four of the courses different, that is not history, that's african-american studies and things of been in that section are intersection la and things like black queer studies, this was isn't session for some of the state of florida has said that section four is the problem, and they are negotiating that out right now and there is no band, the student sourcing this man to come they should actually be told the truth of the resume in is ongoing negotiation about this ap course in college board knows that the governor's office knows it as well. stuart: thank you congressman for straightening this out, congressman byron donalds, see you soon i hope. an amended florida just won the lottery, but tardy, he only one because he got the cuts in line. guest: in the word itself the best barco he was about to buy a ticket at a machine, women cut

right in front of him and then said, he bought a ticket of the counter instead and i think it was a winner and he cities will use the money to buy a home for his family. stuart: that's a gun storage our futures fast, we got to be up about 100 points about doubt and there we go, lots of green and up 100 of the doubt and 150 in the nasdaq and we will be back. thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective.

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stuart: we gotta get back to tesla, hit is the stock of the day the week in the month, hit is up 10 percent in premarket trading right now after spectacular result of earnings report and all right with us this morning, ray, you know all about tesla and how long will this company be the ev leader. guest: [laughter] , we have some time, were in number two of a nine inning race and navies i would has been able to do is actually ramp up production and what you are seeing here come the looking at 20 million vehicles by 2030, you have to get that reproduction sourcing in place and your plans

out there that's what tesla has been focusing on so i think tesla will have a lead wasn't time i'm next two years with or something like 200 models of ev that will be pumping about 2025 so that we massive competition in terms of market sure they have about 66 percent of the north american market share for ev's that is when keep dropping as the models come in. stuart: does anybody pay attention to the other companies that are part of tesla, space x on thinking kevin do people pay attention to them. guest: definitely, space x, boring company and all of the stuff and readily solar of solar city, is really components with a are a small part of what tesla is today is basics of course is a bigger part part will be spun out over time ever since look on the main is really, they just got into the manufacturing and watching their next cyber truck along with a semi- and i think that those are things to watch out for the end of the year in the space x please come in terms of the launches is expended out of the next two - three years,

that's where you will see a lot of growth in the lines empire. stuart: tell me about the profit margin of tesla and i am told her we had report this morning at the margin is seven times better, with the margin is at toyota, is that accurate. guest: it is true right and they've been running at about a 35 percent margin and it took some discounts and quarter for the drop to about 29 percent of the average car company is not making a lot per vehicle and tesla is making up her vehicle may have a lot of room to give and a lot of room is you noticing quarter for the putting discounts. stuart: and that is why the stock is up 10 percent on this thursday morning and think you for joining us again and we will see you soon thank you very much so we have start wall street, it is the 26th of january. it's open about year so far, and i've got to say, it's kind of a nice balance. lauren: i think from 22022. stuart: i know when you write a

check. lauren: who still writes a check. stuart: look at this, there up 100 points from the get go and i see. i know about the s&p 500 to marauder indicator on the upside as well, .68 percent higher and knit the nasdaq, there is again for you, it's up one and a quarter percent and socially big tech, i presume there doing well. meta- is up to present a amazon, shy of 100 bucks and alphabet is up and microsoft is up, $3, 1.3 percent is all again at google as well as apple is 143 and now we have some of the major airlines reported earnings before the bell this morning, on your screen, that is what is happening there and take me through please. lauren: this or with american come the winner, the how to profit really strong holiday demand, revenue record of

$13.2 billion so that is better than 2019, by 16 percent in the number one when it comes to the best on-time performance and so american is the winter today and jetblue, different stories on the stock is pretty much flat and they returned their profitability but one of loss this quarter and they blame in part jet fuel prices. stuart: tell me about southwest. lauren: this is a pr nightmare so the holiday tech meltdown left the passenger stranded we don't know how many more than a million we do know that southwest, get frequent flyer miles, 2 million people. so the issue with southwest because they have to deal with his nightmare is they are losing money they lost money in the fourth quarter and expect money to to be lost this quarter see what they are down 2 percent this morning and ibm, no i know that they reported with the big important point there is that they have just cut thousands of

jobs am i think 3900 from all detect ibm. lauren: is a reorganization of the business, with respect to two units and they need to save money so they are slashing 3900 jobs in the quarter, revenue is better they are operating profits, their free cash flow business metrics were best in the right spot for ibm it's it's expected because they don't really sell to the consumer, that the enterprise client will look a little bit better. stuart: i will show you chevron they think i know why it is 100, a big stock buyback which always were. lauren: will is annoyed washington but they have $75 billion buyback, effective on april 1st. stuart: is a lot of money. lauren: no expiration money and i am not become a dollar 51 dividend so that is an increase payable on march 10 and can you get away with this in 2023, i don't know here's the criticism from the white house on the record profits that chevron has

putting the report officially tomorrow and expected that they talk 37 billion last year, the putting them in the share holders pockets within the would say that we are spending $2 billion more this year than we did last year on new energy production and so go figure but wall street likes his story. stuart: they just hate oil companies and buybacks of any kind. lauren: but i thought they like chevron because it is the deal with venezuela. stuart: really, unite can argue this sweetie of no, will i think if they had to pick an oil company, it would be chevron. guest: will i am scared it's a driver helps me when what we are doing all right on the move on to levi strauss, as in the genes people of nearly 5 percent and denim is still an event. lauren: be scared, no no, people are going back work and it is all trousers and office type ps and cargo from the '90s are

back yes and the ceo said that 40 percent of the revenue in the quarter came from non- denim bottoms, isn't that amazing, non- denim and socks are up 5 percent of the increase in renewal cells forecast and the expect strong back in the last half leaders, and i said levi is a so-called he said yes pretty. stuart: just bring back bellbottoms. guest: so the cargo be as i have the '90s my wife told me i cannot wear anymore i can now wear them again. stuart: no because you would not fit into them. guest: until you tell stuart, you're going on a diet. stuart: blackstone, i want to talk about this, the stock is up 3 percent, and the reported earlier today, what are they do so well. lauren: i'm not sure because their net income was 567 million compared with 1.4 billion a year

earlier and pick your poison, other metrics fell sharply and look on the consider bellwether because as a private equity firm with investments from dorm rooms to consumer brands. they are starting but i have been feeling the impact and higher rates. but wall street impressed with something. stuart: but their sockets come down from hundred and 40 all of the way down to 80, and of course is making less profit now maybe the prophet it's making justifies a price of $91. lauren: i love how you can just quote consumer. stuart: both you own stock you know what you're doing. lauren: but with microsoft is soft at the end of the day yesterday. stuart: willa came back after the huge loss which some people thank you so a bull sign, and how about doubt inc., job because there as well. lauren: guess another 2000, 5 percent of the report the one thing money, billy dollars for this year, and it's a terrible numbers of fourth-quarter profits fell 73 percent, from

last year on lower revenue and why, they were impacted war in ukraine and china coming back or not coming back and so are they selling more chemicals are not china so not the best report. stuart: microsoft close around 241 yesterday is up down to 45 and the gate of nearly $5 i am pleased to say it might not retire and so check on the record and we are running in business for six and a half minutes of the dow is up a solid 11207 points in the winners on the board are chevron has reported now in salesforce is back in microsoft is doing well and apple is up, one and a half percent and s&p 500 and look at tesla, hannigan and 11 percent now and $6 million higher, and the nasdaq composite, the winners by tesla up 11 percent and nvidia doing well get a 4 percent gain this morning.

and right it's a big deal today and coming up, it is safe to say that eric falwell is unhappy about his removal from intelligence committee and roll the tape. >> this is purely about political fashions and the cost, or that threats that mr. martin myself, mr. schiff keep getting because mccarthy continues to aim and project the smears against us. stuart: is all because it's his fault however they forget they had it up to a chinese spy good question san diego what these people are the cars the city wants you be forced to take of us and or retrain annual is and will talk to an official who was sounding the alarm in this, next.

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stuart: new york state is going to be on the side of a new gas powered cars by 2035 another mean some of the state is going to get a massive number of chargers and jeff is that a charging station in new york city and honey chargers would be needed just in new york city. reporter: knew you were going to assess and we didn't come up with the numbers way, this is the first curbside charger, by the way installed in new york city, they're are 100 of them and take a look at the numbers by 2030, and 2035 or maybe 2040 but by 2030, they say need 40000 actual plugs for charging, less credible report, and that's a little while ago, it was about 1500, so is probably more than that was still as well short of the goal. that's harder some of the need 6000 it, they know that us credible report, 117 coming the city and so, the have a ways to

go as i said, this is one of those chargers and by the way, those guys installing some deck here, and i think that is very expensive would, you never know what you will see on a street in new york city come a very long cords, there are two cores here and you coming can park right of the street and no charge for parking and most of new york as you probably know, does affect their street card in the street and so you need to put the chargers with the people are, and unfortunately, this location here did not get great reviews and i want to put it up so that you can see why some people are saying and one person said this is slow and expensive and often blocked by ice and another was is blocked by a car and another said iced and from this morning until now and another said the date tesla is park there but it is not charging working out the details and complicated issue in the city of new york. stuart: was a movie, it was

complicated something like that and think you jeff, see you again soon. thank you jeff, san diego plans to convert come and no joe, 800 miles of freeway lanes into toll roads and so you have to pay every mile driven and jim desmond is a supervisor in san diego county 20 me now, i don't think you really like this idea looking into my wife the city is doing it. guest: will actually is the entire county san diego county but there trying to tax us into submission into using mass transit and they have this huge 165 billion-dollar mass transit plan for the future and is going to be buses and trains and things like that, and they want to tax us into submission and in addition to the freeway tax, they want to just change everything on the freeways and the toll lanes and they also want you to put on a mileage tax

and another one i have since sales tax and basically this will hurt the people that are trying to protected service workers and the plumbers in the landscape or something like that who actually have to drive to and from to get to work and it will penalize them and is enter into mass transit and it is down throughout the country with covid-19 and also with you know the fact that what we just do not have the density in san diego county to support this. stuart: what is it with california, one harebrained scheme after another the bullet train or whatever now this in san diego and what is it about this that comes up with these think these crazy ideas. guest: one of which is the climate change is the new religion and it is driving everything yes and yes we all want clean water and clean air, but instead of embracing the technologies of yesterday with buses and trains, technology will change over into the next

30 years you know, five or ten times and i think if we make with people who are already driving, make a safer and make it cleaner and make it more efficient, with new engines and asians coming up and i think there is a lot more potential technology to clean up the climate and things like that as opposed to trying to put people into buses and trains. stuart: i keep waiting for the political revolt but nothing yet, jim desmond, thank you for being with us this morning. we now know how the feel murphy spent some of the states covid-19 really funds and lauren was he going a lot of stuff. lauren: yes a lot of suvs for himself and his staff, because of more than half a million dollars of that 200 million federal covid-19 relief money that new jersey received a totally it was legal any could do this and he bought new chevrolet suburban homes and he did not need the specific approval of the state legislature because it was not

10 million or about, the cost and the justification for covid-19 and i know that you are saying will how does a suburban what is i have to do with covid-19 and that vehicle drove him and protected him when he went to vaccination sites, so is legal but it is a stretch. stuart: i live in new jersey and i will say anything nasty but he could but the nypd is changing the design of new york police department cop cars, what will they look like and why are they doing it. guest: you live in new jersey but you work in new york submitted is the nypd new-car design is a full uterine from its classical cruiser, and other going to hit the road of the high-tech new suvs, featuring 360-degree cameras and flashy green racing style stripes, you see on screen and they will also have qr codes on their exterior seeking reese and to reach customer service, you're not have you get the picture in your

phone and let them know you're not happy in this of course is a stark contrast to the nypd signature white blue right that it made plenty of cameos in movies and tv shows, and i would just say, is new cars for cops, the number one issue in new york city right now and how about we get i don't know, more money so that we can either more cops. stuart: will that's a good idea and actually surprised the cars are not electric. guest: well it is coming. lauren: when they are not electric and, that's news. stuart: in a couple of hours president biden tops his economic progress since his election over the last two years, however he's presided over events expansion of government spending and debt of a legacy over the last two years and that in my opinion, puts our economy endangering that is my take and at the top of the next hour braided love is in the air and the prospect of or credit card debt and valentine's day is coming up many find is been big despite squeezed budgets and yes we have the story next.

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stuart: valentine's day, is just around the corner, question for

you, is love, is inflation, going to stop love c5 it is not going to be inflation the sobs love for me, but let me get into the actual nation and then we will get into my specifics and you may not be feeling the lug when you shop these days thanks to inflation but that is not stopping you from breaking the bank, love this valentine's day according to the national retail federation americans plan to spend 25.9 million, on their sweethearts this year. stuart: are talking about the book. guest: up from 29.3 billion from last year. stuart: do you think the turn around and they both say, the going to spend less this year on valentine's day and i just know it and you think they will say that. guest: more than half say they both plan to celebrate his spend an average of hundred and $93 and in doing so, up from 1751 year ago.

they put these things out there. stuart: of course they do. guest: by been married so long, we want to save the money we don't want to spend like $80 on the bowl of pasta just because it is a 14th of february. stuart: so you personally are not spending any money on yours and your loved one. guest: no, because is like dried january no sugar february or something. stuart: will mourn, weigh in place. lauren: does amanda know all of this. guest: yes she is the ceo. lauren: i think that's cool and awesome and i don't like valentine's day, it is a made up hallmark holiday, don't even buy me a hard. guest: we were the tc ground like a bear, heard that it was audible. stuart: we are in agreement on this, is a made up holiday. lauren: it is so annoying when valentine's day is on friday or saturday because if you want to go out like a real person, you are stuck with romantics. stuart: i think we have a report if you take children with you to the supermarket you it is spending more and so you take

your kids speech of my son has pinkeye and i had a pic of his eyedrops saw free kids were with me and they're just so rowdy i said okay by can now or we will wait in the big long pharmacy line and i spent $28 extra on the kenny purchases but we were not done and they were begging for stuff on the way out and i spent another $21. stuart: and your and meaning to this envoy national global. lauren: i'm not knowing if you keep your kids at home is been $133 of the slick deals and others and if you taken with you you spent $50 more and i just told you my story, proof that i spent 50 extra dollars like when you take them with you, what you do, you bribe them, 44 percent of the parents say quote what is the best bribe you ask. he had a use tax, followed by toys. stuart: money money money. lauren: no you used to give your kids the money. stuart: i say you do not spend this money you can keep it in

thank you for joining us and still ahead, lisa and brandon and jonathan and the 10:00 o'clock hour of this wonderful program is next. >> ♪ ♪ ♪ ♪ alwmberour ♪ .. our strategic investing approach can help you build the future you imagine.