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tv   Varney Company  FOX Business  September 8, 2023 9:00am-10:01am EDT

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week. ryan? >> yeah. no, i think all eyes on cpi next week. if it continues to moderate, that can be a very good thing for the economy, and i'm optimistic, and i'm bullish. cheryl: also very bullish about sunday night. [laughter] >> you saved yourself time, didn't you, casone? >> it's going to be cowboys versus giants, and i will see you monday morning on "fox & friends" first, we'll have a discussion. >> here's my analysis, you defeated the giants because of the tight end position. this year you don't have that, we do. cheryl: game on. that is it for me. i will see you monday. varney and company is right now. stuart, save us and take it away. [laughter] stuart: good morning, cheryl, and good morning, everyone. it's a connect war, china versus america, and it is very costly. in the last 48 hours, apple's value has dropped $200 billion after beijing restricted iphone use in china, and watch
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out, there are reports the ban will be extended to local government workers and state-owned industries. that scoops up millions of iphone users in china. there may be an opening here for india, and sure enough, prime minister modi will meet president biden today at g20 the summit. they will likely discuss technology cooperation. they that's xi jinping will not be at the meeting. a stability for apple at 178 but only just. politics, big polling trouble for the president, and it's a cnn poll. those folks are not then for being down on democrats, but hook at a this. the approval if rating of the president drops all the way down to 939. disapproval -- 39%. two out of three want a different 2024 candidate, and and more than half believe bide mom you cans makes the -- bidenomics makes the economy worse. to the markets, it's not been a good week for stocks, the dow off just about 20 the, s&p down and the nasdaq down 11. not a lot of selling, but some
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more many. technology under pressure again. bitcoin at the $25,000 level, we've got 25 the,8 right now. interest rates, the 10-year treasury around 4.25% right there. the 2-year, well under 5%, it's at 4.96 but rising a bit this morning. on the show today an extraordinary story the about elon musk. he pulled the plug on a ukrainian drone attack on the the russian fleet. the drones were guided by musk's starlink. at the last minute, fearing a nuclear incident he turned the system off, and the attack failed. are we okay with a single private individual running a war? the migrant mess has new york in a lather. some schools have to turn migrant children can away thursday but where, oh, where, is new york's senior senator schumer or house minority leader
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jeffries? here we go again, oh, dear. environmental activists hold up the u.s. open for close to an hour. one tuck his feet to the floor. the protest organizer extinction are rebellion says, quote, no tennis on a dead planet. if we don't disrupt, nature will. end quote. okay. friday, september the 8th, 2023. "varney & company" is about to begin. ♪ ♪ ♪ shorty got low, low, low, low, low. ♪ them baggy sweat pants -- stuart: i know this. we've played this several times before and, yes, i have mistaken the name of the singer. it is florida. lauren: correct. stuart: stop laughing at me. going to start with the story of the day. actually, i think it's really the story of the week. apple, they've lost $200 billion
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worth of market value in the last two days. lauren a lauren yep. stuart: it's the most widely-held stock in america. a lot of people are down on this one. perhaps the world -- china -- look, there is some idea that maybe they're going to extend this ban of iphones. is that accurate? lauren: yep. there are reports it's not just the government workers who are report prod not able to use an iphone, but perhaps government-backed businesses or local governments. that's a lot of people. stuart: that's millions of people. lauren: tens of millions of people. apple's stock down 6%. plus, this week finally a green arrow in the premarket, china's trying to make apple a pariah in their country i one week ahead of the iphone 15 launch. but china's also the largest foreign market for appling it's the large manufacturing hub. so if apple is not immune to president xi jinping, who is? there's onesie in chi a that
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that -- one city in china that apple employs a billion of their the residents. stuart: this is taking place at precisely the time when china introduces its own new phone from what withdraw which they want to replace iphone with. i think that's what's going on. let's bring in kenny polcari. kenny, this is a dip and a half for apple. you're at 177 right now. are you a kip buyer in apple -- dip buyer in apple today? >> listen, i want to back up the truck. i thought it was going to get closer to the 1171 levels -- 171 levels. i actually think there's a little bit more downside, so i'm willing to wait, buts it is the getting very close to the where i think, you know, people are going to find it a screaming buy. stuart: it's very difficult to figure out gee where yo political risk. and -- geopolitical risk. what about western companies? >> right. so, listen, i think that is a
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problem, and i think that's now very clear to the world. with we put them in that position. we've allowed china to become as strong as it has across different industries, right? where they control. so to lauren's point, if they can do this to apple -- apple, clearly, one of the bigger names, but who else are they going to do it to? what other companies or industries are at risk? therefore, that just begs the question why don't we diverse ify away from apple, bring it back even to the united states, but we certainly, the world, you know, we did this to ourselves by giving china so much power in the manufacturing process. stuart:ing okay, kenny, we're short of time, i'll see you next week and you have a great weekend. kenny polcari, everyone. thank you, sir. you got it. politics, oh, cnn confronted a former biden spokesperson on the president' polling numbers. very poor polling numbers. lauren: cnn is worried with. they're worried about the warning signs for their guy, president biden.
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39% approval rating in a cnn poll. and two-thirds of democrats say, we want a different candidate. watch here. >> you look at these numbers, and they're not just not good, they're bad. >> these numbers are not good, and they're consistent with most of the other polling that a we've seen. >> well, remember, polls get, you know, polls don't get asked in a vacuum. i'll deyou the biden white house is not going to be rattled by this because their view is there are going to be 500 polls between now and election day. stuart: not rattled, are you kidding me? lauren: she was dismissive and, dare i say, hopeful that times change in the 14 months from now until election day? how do things change? the president doesn't get young or more energetic, and i say that with respect. can he sell bidenomics? because nobody's buying what he's selling now -- stuart: does anyone believe he is capable of being president for another five and a half years? very few people, i think, very, very few. lisa boothe is with us this
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morning. lisa -- >> hi, stuart. stuart: good morning. this was a cnn poll. don't tell me biden has lost the clinton news network. don't tell me that, surely. >> well, they might not want him to run, but i do. [laughter] i mean, he is the weakest president since jimmy carter to to run for re-election, and we should want to face the weakest candidate as republicans because, look, i do worry, stuart, that we're being lulled into this false sense of security because we're operating under the assumption that we're still in a normal political era rah. what did we learn heading into the midterm elections? the historical norms no longer apply to republicans. we're walking into an environment where democrats are trying to convict the leading republican nominee right now. there's 91 criminal counts that he's facing. there's a higher likelihood than not that they are going to convict him on some of those charges, so what does that mean heading into next november for the republican party? also there's this effort to remove him from certain states.
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that probably will happen. i mean, does anyone honestly think that the democratic party is above doing something like that? so i worry that we are operating as a republican party entering into this election cycle with a false sense of security just like we did with the midterm elections, and we might walk into a buzz i saw. stuart: fair enough, lisa. cnn also took aim at biden for his age. one host called him grandpa. roll it. >> i think a lot of democrats look at these numbers and say the whispers are finally showing up in this data. people are talking behind their hand, they worry about joe biden. joe biden's like that grandpa that you love, you believe in, you owe a lot, but you start to wonder, you know, would you give this grandpa a high stress job for six more years, or would you want something else for him? stuart: lisa, i have to ask this again, does anyone seriously believe joe e biden can be the president for another five and a
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half years? anybody? >> i don't believe so, but he also ran a basement strategy in 202020 the, and it looks like he's running a vacation strategy in 2024. to me, that that either means he's not running for re-election or it means that he believes that the democrat machine, these indictments, all this other stuff that's going on is going to get him past the finish line, and neither of those scenarios are possibly good for republicans. we want to face this guy. he's probably the weakest second to kamala harris, so we want to face hip. look, he's the oldest president in american history, and that's just a statement of fact. and beyond the age is the competency factor, and we've seen in polling where the majority of americans do not believe that this man is competent, you know? so, yes, he's facing a lot. and also i don't even -- he's not a good guy. what's that guy's name we just heard from, i'm blanking on his name, that said he's a lovable -- no. joe biden's a terrible human being and a terrible president. stuart: we'll wrap it up there.
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lisa, great to see you, breath of fresh air. >> have a great weekend. stuart: see you later. pennsylvania senator john fetterman, he's daring republicans to impeach biden. what's he saying? lauren: he dares them to impeach the president because he's betting that they'll lose in that attempt. this is the quote, go ahead, do kit, i dare you. if you can find the votes, go ahead, because you're going to lose. it's a loser. sometimes you've just got to call hair bs if they're going -- can their bs. if they're going to threaten, then let's see it. there is hesitation among some top republicans to go through with another impeachment trial. they did this with trump, felt it was a waste of energy, and now to do it again. the house leader, kevin mccarthy, he's signaling plans to go ahead with an impeachment, but he wants to do a formal vote on that first, and the house returns from their the august recess on tuesday, but they're e dealing with funding the government and, yes, in many ways they're gathering the evidence. but the impeachment trial would
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be a distraction, according to many of them. but not all. stuart: back to the markets on a friday morning. how are we going to end the week? right now this is premark, hardly any price change. dow can off 11, s&p unchanged, nasdaq the down 7. coming up, according to a new poll, nikki haley has the biggest lead against biden among gop candidates in a head to head matchup. senator tim scott just a few points behind. how does he plan to catch up? the senator is going to be the here on this program today. president biden will land in india in a few minutes, and his time at the g20 the may be marked more by the leaders who are not showing up. a report on that next. ♪ nothing ever lasts forever. ♪ everybody wants to rule the world ♪ from big cities, to small towns, and on main streets across the us, you'll find pnc bank.
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stuart: president biden is about to land, just about to land, in new dell i think, india, for the g20 summit. our own peter doocy is there. all right, peter, what's first on his agenda? >> reporter: you know, it's basically all about countering e china and and russia even though they are part of the g20. they're not going to be here. and overnight we heard from the treasury secretary here in new delhi. she was saying things, especially with the economy of china, are not as good as they seem or at least not as good as they have been in the last few years. >> you see china's growth as slowing over time. that said, china has quite a bit of policy space to address these challenges. so we're monitoring the situation. i don't see it as having are
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significant direct impact on the united states. >> reporter: the 20 the plus motorcades that have been snaking through the streets of new delhi are all soon going to be at the the same place, but they may not find themselves on the same page. china probably not going to sign on to reform the world bank because that would encourage world companies to top taking high interest loans from beijing. china and india use coal-powered factories to keep growing their economies, and russia probably not going to condemn russia for the war in ukraine. so all of these things could signal a joint statement. >> the question is, will every country step up, be responsible, be constructive. the answer to that is yes, then we will get a joint statement. but it's too soon to tell. >> reporter: and as the biden team is confronting growing poll
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numbers back home, the people are worried about his age, it's worth pointing out his schedule on this trip is going to be grueling. he's been in transit since 5:30 last night. as soon as he lands, he's going to have a meeting with prime minister modi. there is really, really limited press coverage of this meeting or any of them, but we are told that it's the preference of the hosts and not of the white house. stu. stuart: well, that meeting is an opportunity to fix some cooperation in technology against china. that's what i suspect. peter, great report. thank you very much, indeed. we'll see you soon. mike turner is an ohio congressman and, more importantly, he is the chair of the house intelligence committee, and mr. turner joins me now. we're in a tech war with china. how far do you want to push it in. >> well, i think we all want to push it farther than the biden administration's willing to. currently, the biden administration is allowing china to continue to escalate a very aggressive policy toward the united states being now identify adder is share, self-identified
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by china, where you have spy balloons coming over our country, you have police stations, you have now the reports of apple products being banned. clearly, they have escalated the conflict where we have our treasury is secretary going to china and seeing her counterpart and i bowing. this is, there's a huge gap between any policy trying to address these issues of what china's doing and this administration. stuart: there is risk pushing it even further because they will push back on us, potentially taking -- not taking down, but going after some american companies that do business in china now. i'm thinking disney. >> with i mean, we certainly want a constructive economic relationship with china and their, you know, presence in the world community. but what we don't want is for them to escalate the relationship, to attack and, you know, undermine the united states and have no response if our government which is what we're seeing from the biden administration. stuart: so what you're looking for is a response --
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>> at least an understanding that there will be consequences and that we want a constructive relationship. stuart: totally separate subject, but i want to address you on it. elon musk disrupted thing ukrainian attack on a russian fleet. he shot down his starlink -- shut down his starlink system. he worried it could have sparked a nuclear incident. this is a considerable degree of military power in the hands of a single individual. are we okay with that? one guy, private guy, you know, with power of life and death over whole countries? >> well or, certainly in this instance elon musk's starlink has been an i incredible multiplier for ukraine. they would not be where they are today if it wasn't for his system allowing them to enable connectivity, communications and to execute the defense of their country from this horrible aggression from russia. we certainly have in the defense industrial base, there's always been that interlocking between industry and private individuals and the defendant. in this instance this is one
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where elon musk really came to save the day for ukraine. stuart: well, should he be brought urn some kind of government control -- under some kind of government control? i hate so -- to say that, i don't want to see the government controlling him, but in this instance surely there's a role for that. >> there certainly is this boundary line of where government buys services and uses them in a military aspect and where a private individual is actually around part of the military operation. that line is very difficult especially in this instance where ukraine was attacked by russia a and they had to sort of pond and build up military capability. respond. stuart: he gave them starlink. >> it was essential. they would not be where they are today if it hadn't been for starlink. stuart: you have a great diplomat, by the way. [laughter] thanks very much for joining us. >> thanks for having me. stuart: thank you, sir. now this, kim jong un might meet russia's putin. vice president harris was asked
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about that. what'd she say? lauren: she warned russia about giving north korea food and technology in exchange for rockets and artillery. >> i think it'd be a huge mistake. the idea that they would be supplying ammunition to that end is, would be a huge mistake. i also believe very strongly that for both russia and north korea this will further isolate them. it is very clear that russia has clearly, they're very desperate. lauren: okay. she supported ukraine in other comments in that interview. she's showing off her foreign policy chops, perhaps? i haven't heard her speak in that way before on international topics. was that a warning to putin and un? you know, if you guys tie up, bad stuff's going to happen. stuart: okay. so how will putin and xi jinping take that warning? lauren: we'll see. they're apparently meeting next week. stuart: got it. thanks very much, lauren. check those futures, please.
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stuart: on the markets this friday morning as we're about to open eau, dow up 9, s&p up a half point, nasdaq down 4. take that. mark mahaney is with us this morning. all right, mark, we're used to you looking at the tech stocks, so what are you doing analyzing travel stocks these daysesome what have you got? >> it's funny, i like the way you set that up, stu. one of the first categories that ever really migrated successfully on onto the internet was travel. you've got three very interesting public companies in the space, and it's about $150 billion in market cap if you add them the up. airbnb, booking and expedia. our favorite is booking, bkng is the ticker, $43900 is the price target -- 4300. we did our annual survey, and we found it surprising there's even a higher level of interest in traveling. so when we ask people over the
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years are you going to be traveling more this year than next year, we found, not surprisingly, that metric was amped up haas year. people definitely wanted to travel after 2020 and 2021. but even going into 2024, the level of interest in traveling continues to rise. so that's positive for these stocks and particularly for booking. i think it's a reasonably priced stock, so it's one of our -- it's not one of our top three picks, but if you look at more travel, discretionary names, that would be at the top. stuart: right now it's at $3100 a share, you think it's going to 4300. answer this question, please. whey don't they split? -- why don't they split? >> i'm not sure what the big gain out of splitting stocks prices are. i'm always kind of a little bit of a kept you can. i understand it makes it easier for retail investors to buy the shares, although i think most retail investors think about putting $1,000 in or a couple of
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hundred dollars in, and you can do that with stocks that you can buy notional or partial shares. there's no strong thesis on it one way or another as to whether to split the stock. i don't think it adds any value by doing that. stuart: okay, we'll take that. mark pa mahaney, have a wonderful weekend. and we will watch experiod. >> -- expedia. see you later. >> thanks, stu. stuart: market is about to open. this is the time where they all clap and cheer. it's a friday, the weekend cometh. why not clap and cheer? it's not going to be quite so hot in new york today as it was the yesterday either. there's the bell. they're off, they're running. with we just -- just the new york stock exchange. where's the nasdaq today? not seeing it. anyway, it doesn't matter. we're about to -- see those stocksesome they will open momentarily. the dow has opened with a 3, 4-point loss. let's move on. the s&p 500, how has that open this morning? can you show me that, please maniesome. lauren: down slightly. or unchanged.
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stuart: i call that dead flat to fractionally lower. oh, now it's popped up, .01%. i don't see much movement, lauren, do you? lauren: no. but we had a lot of movement this week. the nasdaq's down four days in a row and down 2 on the week. stuart: where's the nasdaq now? lauren: doing nothing. stuart: we're not getting much out of the three averages. big tech, mixed picture. apple, a fraction higher, a buck higher or e after all these losses. meta just hit 300. microsoft at 330. alphabet and amazon are down. next case, china's ban on apple iphones in government offices, that's having a domino effect. qualcomm, they're a supplier, right? lauren: absolutely. and they get two-thirds of their revenue from china. they supply to other companies as well. apple gets a fifth of overall revenue from they that. we're talking about two the-thirds from qualcom, so the stock is down sharply this week. it seems like cooler heads are
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prevailing. i wanted to mention huawei, their new phone is more expensive than the iphone that china is trying to convert iphone users to. huawei is under fire for it. where where do the super fast chips in it come from? did any company violate a sanction to get them those chips? i'm not saying qualcomm, i'm saying any company. that's part of the investigation by our state department. stuart: fair enough. at this moment no dip buy, no noticeable dip buying in apple despite its huge selloff. we'll follow that all day. next one is disney, are they still at -- yeah, just at $80, that's a 10-year low. lauren: this is down 7 days in a a row. the may 20 the 14 low is 79.83, we got there yesterday. do you remember at the height of the pandemic disney was at $20 the 1? stuart: yes, i do. lauren: i mean, who has more to lose in this cable standoff with charter communication and spectrum? charter pays them over $2 billion a year in fees for their
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content. that's 8% of disney's overall revenue in that tv segment. so disney is using those profits from the cable company to fund their streaming that they lose subscribers and have to out put all that money into content and getting more people to sign up. is someone's got to cave here, right in i'd imagine. is the model that that we're used to changing where, you know, disney can muscling the cash cow, which is -- milk the cash cow, which is charter communications? if they're going to pay them all that money, give their pay tv subscribers ad versions of espn+ and disney+ for free or at a lower cost. stuart: there's an a awful lot of people very annoyed that they're not seeing i think it's college football and the u.s. open which they can't see. billion of people. lauren: yeah. i said this yesterday. the players themselves at the open are staying in new york city hotel rooms, and they can't see the matches that they're participating in. stuart: disney desperately
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holding on to $8ing 5 a share. -- 80 a share. is walmart cutting wages for new hires? lauren: yeah. they'll be making a dollar less than three months ago. these are workers that stock the shelveses, they pack the online orders. the question is, why? are we not going to walmart as much, or is the labor market cooling off in or maybe we're back to normal. you go to the store yourself. stuart: ah, there you go. stuart: lauren: they were trying to pay the workers more to fill the online orders. stuart: the restoration hardware, i think, luxury home turner -- turn furnisher, they're down 6%. lauren: yeah. the luckilily market is slowing. usually that's kind of slowdown-proof. not the case can says rh, and their third quarter guidance fell shutter of estimates. they expect the -- short of estimates. they expect the economy to remain challenging throughout this year and into next year.
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stuart: grocery store chain kroger, they're down 1.5%, was it a bad report? lauren: yeah. same-store sales rose 1%, that missed estimates. overall, reported a loss. but there's a lot of elements here. today had to pay $1.4 billion to settle opioid charges, they're trying to get the green light for their merger with albertson's, so they divested some stores to get that to go through. grocery prices are are high, but the margin for the food stores is very narrow. stuart: any mention of shrinkage? lauren: i didn't see that. stuart: okay. big board after, what, four and a half, nearly five minutes of business, 34,500. dow winners, there are some, and at the top of that list we have intel. $38 a share now. apple's on the list. it's up only $1.67. 179 is the apple quote now. microsoft is up a up couple of
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bucks, and amgen is on the list. s&p 500, first solar, valero energy, gilead sciences, csx. the nasdaq winners topped by gilead sciences, nice gain. csx. meta is on the that list. he's saw -- tesla is up $4. coming up, it is not too late to be on the show today. don't forget to send in your friday feedback. we want ill all. -- it all. e-mail your questions or comments to varneyviewersfox.com. grammy award winning producer emilioest ban has become one of the most successful music producers in the country. is there still such a thing as the american treatment for everyone in i'll ask him because he's going to be here. and then there's this, the women's semifinal match at the u.s. open was interrupted by climate protesters. one glued his feet to the concrete floor. we'll e tell you all about it next. ♪ when i'm already on my knees ♪ muck
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stuart: all right, we're going to show you all 30 of -- well, here's a sense of the market. the dow down a little, s&p up a little. nasdaq's coming on a bit with, up 58. now the main event of the block, ken fisher is with us lye and and in -- live and in person here in new york city. i want you to explain something to me. here we go. you say that last friday was groundhog day for stocks. >> yeah. everybody knows what groundhog day is, pops its head out, does it see itsed shadow? if not, good clear weather. the fact is last friday after a culmination of august improving economic results, people started talking goldilocks for the first time. and and by the time you got to the beginning of this week, no one's talking goldilocks anymore.
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whisks of risks taking that all back to fear that the groundhog popping up, john templeton says bull markets grow on skepticism and die on euphoria. that's right. and when groundhog day happens, the beginning of goldilocks and then disappearing, that's the end end of the pessimism phase, early in the skepticism phase. and the great part about that is that means you've got a long way to run. stuart: i'm trying to follow you through here -- >> no one can ever do that. [laughter] stuart: i'm trying, ken, i'm trying. if you follow it through, you're putting that the bull run living. >> absolutely, because bull markets don't die in the skepticism phase, they just don't. that's a hard thing for people to get. in the skepticism phase, people that have been wrong in the bull market are trying to shun regret and get over having been wrong because people hate being wrong. and the fact of the matter is
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russ whisks of risk keep bringing them back the their pessimism. and the fact is bull markets run in the skepticism phase. irregularly and with volatility, but they keep going. stuart: what you're talking about is not individual stocks or even tries -- >> the market. stuart: the big picture here. allocation should still very much be in stocks. >> indeed. and t it's really hard to tell at this point in time if the ones that have been leading will continue to be leading. earlier you mentioned luxury stocks. they've been treason off the bottom. weak just recently, tech's been really strong, but that category's been leading the market, and we still have this period where on down days those categories lag, on updays they -- up days they lead. stuart: are you buying index? the questionings? >> that's all for -- thes? -- the qs? stuart: apple lost $200 billion
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worth of market value. just look at china stocks for a moment. where are they going? >> so if americans really want to feel good, look at how stupid president xi is. if. [laughter] prosecute time that -- from the time that president xi becomes president xi, 12 years ago, chinese stocks have been stuck in a rut. they're where they were 12 years ago. americans add had a lot of concern, ooh, about bank stocks this year, remember that? stuart: yeah, yeah. >> compare american bank stocks to chinese bank stocks over the last dozen years. finish warms your heart. i mean, president xi in terms of the stupid stuff he does makes joe biden look like twinkle toes. you can't make this stuff up. compare for u.s. semiconductor stocks to chinese semiconductor stocks over time. the fact is kind of hard to lead the world if you don't have semiconductor stocks doing pretty well. compare them to non-u.s.
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semiconductor stocks. the fact is copycats, that's china, copying cats aren't cats, they're dogs. copycats are dogs and that's the problem with china. it is a replay of what went on a long time ago with japan. stuart: i was just about to say that. i are remember when japan could do no wrong. >> absolutely. and we're up to 1990. when you and i were younger -- [laughter] stuart: yes. mere child. [laughter] >> i'm just childish. [laughter] stuart: but the difference is also about the political and economic system in china versus still vaguely capitalist america. >> capitalism rules. if you don't get that capitalism is where innovation comes from. and innovation is the never yet done stuff that improves i all things in materialism for humanity, then you kind of missed the lesson. stuart: you enjoy television, don't you? >> i do. stuart: i know you do. >> particularlyly with you on fox business.
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stuart: i know what flattery is. i just remember you doing commercials saying i would rather have needles stuck if in my eyes than sell you an a i knewty. it was a great line. it caught everyone's attention. it was really good. thanks for being on the show. >> thanks for having me. stuart: come back anytime you like. next case, oh, here we go, the u.s. open in new york, well, it's faced -- we know this -- brutal heat wave and thing smell of marijuana wafting across the courts. now they've got to the face climate protesters. bryan llenas has the story of what happened last night. bryan. >> reporter: stuart, good morning. what happened last night was a 49-minute they in the middle of the u.s. open women's semifinal as nypd officers and emergency services were trying to unglue a climate protester who glued himself to the concrete floor of arthur ashe stadium. he superglued his bare feet to the ground making it harder for
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security to clear him and three other protesters who were wearing end fossil fuel t-shirts and shouting. the packed stadium shouted back f-you and you suck, and hay booed them. two of the four protesters were arrest for criminal trespassing. the tennis fans were rightfully ticked off because it led to that 49-minute they when they were rooting on coco gauff. she had momentum and was winning when the match abruptly stopped. coco and her opponent eventually walked off the court for 42 minutes, came back and warmed up. after the match coco said she sympathizes with the protesters, believes in climate change and wasn't all that mad at them. >> would i prefer it not happening in my match? 100%, yeah. i'm not going to sit here and lie. but, you know, it is what it is, and i knew that -- i had a feeling it was going to happen this tournament. it happened in french open, it happened in u.s. wimbledon, so,
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you know, following the trend it was definitely going to happen here. >> reporter: maybe a different tone if she did not win. she did end up winning. coco is going to her first women's u.s. open final at just 19 years old, she's the young to reach the final since her idol did it, serena williams, back in 1999. she was just 17. the american superstar, stuart, is going to be playing in the final on saturday, and she's going to go for her first major championship. stuart: and we'll be watching. bryan, thank you very much, indeed. coming up, ten days from now president biden comes to new york city. now, he ought to see the migrant mess that he's created, but he probably won't. he's coming to raise money. that's rich, isn't it? that had been my take, top of the hour. and there's this, could students pads up the suspect a.t. and a.c.t.? florida may soon offer an alternative test when applying for the state's universities. a report on that after this. ♪ ♪
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stuart: florida may authorize a new option for the college admission test. ashley webster with me. is this an alternative to the s.a.t.s and a a.c.t.s? ashley: it is, in fact, and that's the plan in florida. not surprisingly supporters of both tests have been critical of this upstart competitor, but add a moressers have bigger ambitions including a plan to expand into the public education system. the new college exam classic learning test, or clt, could be accepted today by florida's public university system which includes the university of florida and florida state university making it the first state system to approve clt for college admissions. high school students can still decide to talk the s.a.t., the a.c.t. or even both, but if approved in florida, it would be a big victory for governor ron desantis and an education shake-up, if you like.
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desantis dehas bucked heads with the college board who are the makers of the suspect a.t. about content in its ap courses. here he is in april talking about the college board's ap african-american studieses course. a talk a listen. take a listen. >> -- had anything you could think of in terms of reparations, it had queer theory, it had a intersectionalty, all these things. that violated florida standards. so our department of education rejected it. ashley: so the clt is popular among conservatives. it's used by home school students and is already accepted by more than 2000 predominantly -- 200 predominantly private universities. the add admissions test is rooted in humanities and classical lit literature. the company behind clt insists it's apolitical, and the end goal, they say, is to promote a classical curriculum. and this decision is coming, don't forget, at a time when
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where many universities including every university in the ivy league are not requiring s.a.t. or a.c.t. scores for its application, so florida could make history today. tu. stuart: bling it on. good -- bring it on. better check those markets, please. we're coming up on the top of the hour. we've got the nasdaq, outstanding this morning. the dow and the s&p not doing much, but the nasdaq is up another nearly half percentage point. check out the 10-year treasury yield, 4.22 right now. gold, it did not reach $2,000 an ounce, not even close, $1949 # right now. bitcoin, 25,000 and change last time we checked. same story. 25, 8 as we speak. oil going up, i believe. yep, $87 per barrel. nat gas, well, here we go, not much to saw, it's up 1.5%. the average price for a gallon of regular is $3.80. watch out with oil at 87, i to do suspect it's going up. and diesel at 4.46, same story.
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i see it going higher if oil goes higher till. and still ahead, despied biden's slipping poll numbers, democrat donors are still throwing their support behind the president. tammy bruce on that. the influx of migrants overwhelming new york city schools. is upstate new york seeing the same problem? i'll ask new york congresswoman claudia tenney. and 2024 presidential candidate, senator tim scott, two points up on president biden in a match-up. but trailses nikki haley. so how will he catch up with her in the senator is here. the 10:00 hour is next. ♪ ♪ ♪
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♪ born to be wild ♪ stuart: stepping wolf. that's the name of a book,
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cl

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