it's considered a proxy for the u.s. economy. it has been devastate ised, absolutely devastated today. again, three sessions in a row moving a little bit higher as we move to key inflation news. the ppi, that's what producers have to pay for their stuff, we'll get a sense of maybe how much they're marking it up or not. but, of course, the big, big number is going to be consumer price index. when that that comes out, if we finally get a sign that inflation is coming down, listen, we're way up there. but if it comes down a little bit more, this market could be off to the races. we continue to monitor what's happening over in israel. no one better for the last hour of trading than liz claman. liz: thank you, charles. yes, we're going to be all over the cpi issue, and i know you heard what atlanta fed chair rafael bostick just said this morning that's helping the markets, certainly. we're going to get to all of that folks. we begin with breaking news on multiple fronts. we do have the markets pretty squarely in the green, dow up

126, the s&p up 23, the nasdaq gaining 89. the russell 2000 is the big percentage winner, up 1.5% or 26 points. but on this fourth day of the bloody war between israel and hamas, it is just after 10 p.m. where hundreds of rockets and guided missiles continue to crisscross the sky. israel fighting back and close to launching a mass ground offensive into gaza after hamas terrorists invaded israel saturday night, slaughtered more than 1,000 civilians. president biden just speaking within the last 20 minutes saying at least 14 americans have been killed in the violence in israel, and more than 100 people have been taken hostage by hamas, at least 4 of whom are american. fox news is also reporting that according to journalists on the ground, soldiers have found infants decapitated by the terrorists in the villages that have finally been secured by israeli military.

but help is already on the way. take a look at boeing. shares are moving higher, they are at the top of the dow jones industrials at the moment gaining 2.5%. you can see the spike there earlier today. that when fox's jennifer griffin and reported the aerospace giant rushed 1,250-pound bomb withs from the u.s. to israel via israeli air force transport shortly after the saturday attack. griffin report toes the biden administration reached out to defense companies asking they accelerate munitions deliveries. boeing stepsed up, and speaking just about 23 minutes ago from the white house, president biden made the united states' support for israel loud and clear, mentioning the additional military support the u.s. is sending to israel including ammunition and interceptors. joining me now live is atlantic council senior fellow ariel cohen, a recognized authority on security and energy policy.

he's lived in israel for a decade and served in the idf, israeli defense forces. ariel, let's first listen to what president biden said specifically about the munitions and the support militarily that the u.s. has green lit right now, and here's what he said. >> we're surging additional military assistance including ammunition and interceptors to replenish iron dome. we're going to make sure that israel does not run out of these critical assets to defend its cities and its citizens. liz: first, your response to what the president just said, and then we'll get into things like the oil market which, of course, is secondary to the human toll. >> i think the president president is doing the right thing. he is trying to triangulate the bipartisan support the american people has for the state of israel and address the or horror that we see, unprecedented

murder of the jews including babies and children, including rape and hostages. we did not see anything like that since the holocaust. it was not just the strategic surprise like in 1973 yom kippur war, this is israeli territory captured, villages destroyed. and it's also a message to all of us. remember, on 9/11 the jihadi terrorists asawses may noted -- assassinated 3,000 americans. israel is 50 times smaller than the u.s., so this is the equivalent of 37,000 americans killed in one day. this is the magnitude of that attack. this is a challenge to all of the democratic and free world because hamas is coddled by russia, is financed and trained and equipped by iran --

liz: yes. >> -- and this is a challenge that is much bigger than just israel. liz: yes, indeed. we need to talk about exactly what is going on on the ground. israel says the 26 breaches, this was, of course, on saturday, of that wall between gaza and israel which were torn down saturday by hamas have now been secured. we understand that u.s. defense companies, as we already mentioned, shipping weaponry. but, you know, as we look at what's happening with troops amassing at the gaza border, ariel, what happens next? >> what happens next is a bombing campaign the like of which we saw, for example, if in afghanistan and iraq when the terrorist, the known terrorist targets are softened. israel does not go after the civilians, unlike the hamas terrorists. it will go after legitimate targets that hamas deliberately locates in mosques, schools,

hospitals. and and tragically, they take palestinians hostage, as the president just mentioned. palestinians in gaza, a lot of them, despise the hamas theocratic dictatorship like the iranian dictatorship. are. liz: right. yeah. >> but what happens next is from a ground offensive. and i hope at this point hamas will be taken out lock, stock and barrel from ruling gaza. it brought nothing but tragedy and disaster to the arabs of gaza. liz: oh, it's just, it's horrific. and to call them animals is too nice to animals with what hamas has reportedly done, beheading children, killing -- >> i am a against, i am against dehumanizing anybody, the nazis would call jews vermin and insects in world war -- before world war ii and during world war ii. but that the behavior, that

criminal terrorist organization that murdered babies needs to go. liz: ariel, let's talk about which is, of course, secondary, but the market reaction here. we could look at defense stocks here in the u.s. which did very, very well yesterday. sort of, you know, predicting that we would see what was telegraphed today new our jennifer griffin at fox news, and that is that many are stepping up right now, not to mention the oil markets. actually, oil earlier today before it closed, because we're in the aftermarket session, had come down after about a 3.5% spike yesterday, and that's for brent, the international benchmark. west texas intermediate, gasoline, etc. so we can see it pulling back just a bit here. what do you think are the ramifications for something like the oil markets? israel is not a huge producer. obviously, neither is gaza. but the entire region including iran is. >> iran is a thousand miles away, and if iran steps back and

doesn't trigger another front against israel in lebanon, the mess blah concern hezbollah -- hezbollah terror organization is a fully-owned subsidiary of iran. the head of hezbollah, his official title is the plenty potential representative of the supreme leader of iran in lebanon. so it's fully owned. but if iran restrains hezbollah and there's no war in the north, then iran is out of the picture for now. but if iran allows hezbollah to attack and this is -- liz: well, that opens a second front. there's a second front. >> yes. the northern front. right. and that will destroy israeli cities like tel aviv and strategic targets like the refineries. that may open the iranian

leadership as the head of the mossad, the israeli intelligence agency, said just a few weeks ago, it will open the supreme leadership of iran as targets as well as as oil-exporting capacity, an island that exports 90% of iranian oil. liz: thank you for your perspective and knowledge about the the region that is going on, we appreciate it. the geopolitical consequences of the war in israel are in very sharp focus not just for the president and congress, but for gop presidential candidates. later in this hour we've got one of them. vivek ramaswamy joins us in studio. he previously made some pretty controversial comments about u.s. support of israel. we're going to get him on the record on his current stance on hamas, iran, russia, saudi arabia and how he'd handle the situation as president and, yes, we will ask him about securing the southern border. let's get to the markets here, and we do, as we say, see some gains here. we are off the earlier highs, but u.s. stocks -- even as

investors contend with a very worrisome global picture. stabilizing oil prices we just showed you as well as falling bond yields are helping the market sentiment at this hour. of if you look at the 2-year yield, it is dipping below 5%. just barely, we're at 4.995% but still down about 9.3 basis points. that's a 1-month low as investors pile into safe haven bonds. the 10-year is falling to its lowest in an entire week with, only seven days, but we'll push it, right? driven by middle eastern tensions and hopes that the federal reserve is done tightening. we have that standing at 4.662%, down 4.3 basis points. so to that end about the federal reserve, are they done yet, the bulls actually perked up their ears after rafael bostick said in a speech this morning that the fed has now raised rates enough to bring inflation down to its 2 target. you know, the underlying message here is we're done, or although he's only one voice here.

the dow adding right now 152 points to yesterday's 197-point gain. the s&p climbing 27 points yesterday. it made exactly 27 points to the upside. the nasdaq up 100, and you see the russell 2000 up 26. bostick also said he does not see the u.s. dipping into version. the international monetary fund seemingly agreeing with this outlook, they raised the u.s. growth projection for this year to 2.1%. so far sentiment is positive ahead of the cpi report on thursday, the consumer price index, important inflation report. and a host of third quarter earnings. but with the global picture in sharp focus, let's get to kate moore and the floor show, head of blackrock global allocation fund. kate, obviously, your gut reaction to all that's happening right now and how the u.s. markets are absorbing it. >> yeah. i think the main focus especially for the ec questionty space right now -- equity space has been the messaging from the fed.

not just bostick, but also daly and logan all giving a similar message which is, you know, we're in the right direction of travel for both inflation, hopefully we'll get that confirmation if on thursday, and the labor market. and that's what the equity investors really wanted to hear. they also like seeing that the bond yields have come down a little bit, there's a little bit less pressure on volatility. and all in, it's a slightly calmer market where we've seen a lot of hedge funds in particular covering their shorts. liz: does slightly calmer mean you are an equity cheerleader, or are you still a skeptic? >> i think i have to love my asset class as an equity invest every. that said, i'm not adding a ton of risk at this moment too -- in time. i'm going to be monitoring what happens across the geopolitical landscape, i'm going to be monitoring oil prices and the impact that'll have in terms of consumer prices. liz: yeah. >> but, you know, we're not out of the clear. the one thing i am slightly optimistic about and i think a little bit more optimistic than the street is around earnings.

we've seen consensus take their earnings estimates to a pretty conservative place for the third quarter. but kind of flat if year-over-year. and i think as companies start to report, which they will in earnest on friday, we're going to get a more constructive opinion and view from a lot of the cfos and ceos. liz: the equity skeptics have been wrong, wrong and wrong. i mean, maybe a short window of 30 days here and there. obviously, we with saw at the end of the summer things were very, very tentative. but if you look year to date at the s&p, the nasdaq. i mean, the dow's up just over 1% year to date, but the rest have been gang busters, certainly. how does 2024 look? i mean, do we see a repeat of this muscle that we've seen so far this year? >> yeah. a lot of the equity skeptics and naysayers have been complaining about the leadership of the market, right? 'tis e 'tis technology. >> just six or seven company companies leading the market. they forget those major mega-cap companies did the, work.

they cut head count, streamlined their businesses, taker o -- they focused on cash flow. i think the breadth of that type of behavior, we're going to have a broader market in 2024. is it off to the races? no. i like a little differentiation, a little dispersion if underneath the a surface. but i think there's real possibility with a fed on pause, the economy adjusting to higher rates and companies doing the work to preserve cash now, we can have an up market. liz: well, it's unusual because technology stocks, technology companies en masse did, as you say, the work. they skinnied down, they winnowed their employee head count. you know, maybe it's individual names elsewhere, but are there particular sectors that you feel yo you like right now that aren't being killed by cap-ex spending limitations and labor costs? >> yeah. i think there are a couple of things i'm watching for in this earnings season. one is breadth outside of technology and communications. we've seen consumer services as

well, expectations are pretty lofty there. but i'm looking for stuff on the cyclical side of the market, you know, cyclical companies telling us they have either cut head count or have kind of right-sized businesses that may not grow as much next year. i'd say in the industrials side, in materials and energy i'm going to be focusing a little bit on that. in addition to labor costs and overall labor expense, so not just the wages, but also the total cost of an employee. i'm going to listen for comments around cap-ex and investment spend. when ceos talk to us about that, it's a very positive signal because they tend to be to be conservative. and then the last thing is around inventory. i want to hear companies talk about their inventories. if they're low relative to history, which is what we're hoping for, that bodes well. we may actually see a good order book in 2024. liz: kate, it's great to have you. >> thank thanks so much, liz. liz: and contrary to popular belief, we are not related but, boy, you're a sister from

another mother. [laughter] we look a lot alike. thank you so much. we've got a.i. stocks in the green including adobe. a.i. artists getting quite the upgrade as adobe lights up flye. they call it your imagination's new best friend. we are going to show you how it works and get the top voice in the area from adobe. and our producers and correspondents on the ground in israel keeping you updated with the very latest breaking news from israel's 4-day war with hamas. here's a look at ishares israel etf. it has moved to the upside by nearly 1%. "claman countdown" is coming right back. ♪ ♪ financial advice from ameriprise can do more than help you reach your goals. i can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about.

this is american infrastructure. megawatts of power, rails and open road, and essential services of every kind. all running on countless invisible networks, making it a prime target for cyberattacks. but the same ai-powered security that protects all of google also defends the systems running america's infrastructure. for these services. for the 336 million of us living here. ♪

there are some things that go better... together.

burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible that comcast business mobile can save you up to 75% a year

on your wireless bill versus the big three carriers? have we piqued your interest? you can get two unlimited lines for just $30 each a month. there are no term contracts or line activation fees. and you can bring your own device. oh, and all on the most reliable 5g mobile network nationwide. wireless that works for you. it's not just possible.

liz: let's fire up adobe shares, they are in the green up about 1. off the highs of the session, but an already stellar year to date performance of 58% gains in the stock. the company is less than two hours away from adobe max, its investor meeting, where where advancements in a.i. will, no doubt, take center strategy. the firefly was a massive hit, users dove in making system 3 million prompts. team countdown asked adobe to make an a image of a black and orange account on the beach with a mow here toe. here's what it made. i mean, yeah, nice. well, now the company is unveiling model two with more updates, so of course we asked to see what the new model would come up with. unveil it, everybody. here's what the firefly model two created based off the same prompt. oh, that's a better america ojito. lots of -- mojito, lots of mint.

right, austin? as you can see, it's a lot more life-like. what more can model to two do? point person on creatives digital, david, how has firefly morphed? tell us what it can do now. >> first of all, thank you for having me on the show, liz. liz: of course. >> you know, we have been very busy over the last several months. not only did we update the image model today, but really the big announcement today was that we've really expanded our generative a.i. models to include a broad set of things. so imaging is what i think a lot of people are focused on, and we have this major update that gives you much higher precision and detail, but it also gives creative professionals or individuals using this much more control over exactly what gets generated. we also introduced a firefly vector model which is a new way of actually creating generative

a.i. to create images that can be edited as vectors which gives you a lot more tools like adobe illustrator. and we also introduced the adobe firefly design model which actually creates more completely come positive designs that you can then eddied admit -- edit easier. the teams have done an amazing job. liz: this is a very competitive market. i don't need to tell you that, david. i was perusing getty images, a publicly-traded company as well. they have the a.i. image generator that can make all kinds of things with prompts, and they've got this huge data that base of images as well. the how do you let the world know that you are stronger and better if, indeed, you are? >> we are much, you know, the quality of the images that that we get, that we generate, the control over the images, i think, are really unprecedented. and we really talk about it in a

few ways. first of all, it's the quality, it's the precision of what we generate. second of all, it's the fact that everything we generate we have license to use, and it's commercially safe for customers to use. thirdly, you know, we are a family of models. we don't just do imaging. we do imaging vector, we codesign. we also announced today we were coming out with video, audio and 3-d models as well, so it's going to be the most holistic set of models anywhere in the world. and last but certainly not least, we build these models from the ground up to be integrated into our tools. so whether it's something like photoshop or illustrator or premier or video tools or whether it's something, the new products like express and our firefly web application, we have a solution for the entire industry and for anyone that wants to play -- liz: we've got to run, but how much does this cost? is it built into the basic adobe subscribership? >> it's all built in. we have generative a.i. credits, so the more people use it, the more opportunity there is for adobe to monetize this, but the

more value they're getting as well. liz: okay. all right. we look forward to seeing the next kitty drinking the mow here toe. we want an umbrella in the cup next time. thank you very much. >> sounds great. liz: the u.s. army reaching a deal to put a.i. to use in its ranks. we're going to tell you which big tech company it tapped for an a. a.i. promotion and show you the stock reaction. and at the bottom of the hour, 2024 the presidential candidate vivek ramaswamy will be here in studio. what is his stance on the state of the southern border, where he stands in the candidate rankings and his take on the war in israel. you're looking at a live picture of gaza where minutes ago there appeared to be an explosion. there have been fires all day and night as israel the defends itself. closing bell, 35 minutes away. we are coming right back.

♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities.

to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. hi, my name is damion clark. and if you have both medicare and medicaid, i have some really encouraging news that you'll definitely want to hear. depending on the plans available in your area, you may be eligible to get extra benefits with a humana medicare advantage dual-eligible special needs plan. all of these plans include a healthy options allowance. a monthly allowance to help pay for eligible groceries, utilities, rent, and over-the-counter items like vitamins, pain relievers, first-aid supplies and more. the healthy options allowance is loaded onto a prepaid card each month. and whatever you don't spend, carries over from each month. other benefits on these plans include free rides to and from your medical appointments. you pay nothing for covered prescriptions, all year long. all plans have

dental coverage which includes 2 free cleanings a year, fillings, and a yearly exam. they also have vision coverage including vision exams and a yearly allowance towards eyewear such as lenses or contacts. and hearing coverage, which includes routine hearing tests and coverage for hearing aids. you'll also have a $0 copay for the shingles and other routine vaccines at in-network retail pharmacies. plus, your doctor, hospital and pharmacy may already be part of our large humana networks. so, call the number on your screen now to speak with a licensed humana sales agent. wouldn't you love benefits like a monthly allowance to help pay for eligible groceries, utilities, rent and over-the-counter items? so, if you have medicare and medicaid, call the number on your screen now and speak with a licensed humana sales agent. if you're eligible, they can even help enroll you over the phone in a humana medicare advantage dual-eligible special needs plan. so, call now.

humana. a more human way to healthcare. hi. i'd like to tell you about a cashew farmer from mozambique named carlos. carlos used to struggle to provide enough food and education for his family. but then everything changed. technoserve helps farmers like carlos lift themselves out of poverty by building skills, connections and confidence. today, carlos and his family are thriving. and so are his cashews. go to technoserve.org and donate today. it's a different way to make a difference. j.p. morgan wealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisors. hey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look

at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. liz: i am just scrutinizing the markets here. let me give you some perspective that we haven't yet put up, is and that is that intraday the i cow to dow jones is off the highs of the session. we had been up more than 200 point, we're still holding on to 31 points. s&p up by 24. and then you've got the nasdaq, now up nearly 100. let's call it 97 points. the u.s. army awarding palantir a contract worth up to $250 million to test and develop

artificial intelligence and machine learning. palantir shares have jumped more than 180% year to date. they're up 1.33% right now to $17.8 a 5. high of the session though is $18.40. so a little bit of mod moderation here. truist financial is in talks to sell the remaining stake this its insurance brokerage unit to stonepoint. according to a report, the deal hay hinge on stonepoint's ability to scare is up enough debt, right? stonepoint bought a 20% stake in the unit in april that valued the business at $14.75 billion. truist e is up 6%. rivian revving higher after ubs upgraded the stock from neutral to a buy. the bank believes the ev maker will improve if its production and sales number while burning through cash at a lowest rate. this is key. ubs did not lower -- sorry, did lower its price target from $26

to 24. rivian's at $19 and change now, up 5.33%. is and unity software, the ceo announced his retirement effective immediately. this is a bit of a surprise. the stock first popped higher, new it's still up about half a percent but way off the highs at $29.87. the video game software company has appointed james whitehurst as interim ceo. now, whitehurst formerly served as a red hat ceo and ibm president. the change in leadership happening shortly after unity implemented changes to the fees that it charges developers. and when we say implement, we mean raised. in response, a number of developers threatened to stop using unity's products, that was not good. john r are igatello stepping down. republican presidential candidate vivek ramaswamy has laid out a u.s. strategy to support israel amidst its war with hamas. he is here, you see him right

now in studio. he's going to join us next with details. and in this weak's podcast, we talk about a -- week with's podcast, we talk about a war elsewhere in the world. and though scarred by the nigerian war, he was is so smart and focused he entered medical school at age 16, made his way to the u.s. as a trained pathologist and conducted what is today called the autopsy that changed football forever. dr. bennett omalu tells his story of discovering and naming cte, the chronic traumatic brain injury he pinpointed while studying the brain of a former pittsburgh steeler. his story of shining harsh spotlight on the dangers of america's pastime is one that uncompasses courage and resilience. please, listen to how he cop fronted both the nfl and doubtful medical community members to reveal the truth all while struggling with his own traumatic history. we are 27 minutes away from the closing bell. vivek ramaswamy is next.

♪ muck this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay.

♪ ♪ liz: folks, we have breaking news. u.s. defense officials have just confirmed to fox news that the uss gerald ford aircraft care questioner has arrived -- carrier, it's a whole group of these, in the eastern med town january just off the coast of israel. this is called the biggest and baddest warship, and its present presence in the middle east is to send a very clear message to militants including hamas and hezbollah that the u.s. stands with israel. president joe biden just addressed the nation from the white house and reaffirmed the united states' commitment to israel in its war against hamas. biden said we are sending additional military assistance including ammo and interceptors to replenish the iron dome which israel uses to neutralize more than 5,000 incoming rockets from

gaza. listen. >> the loss of innocent life is heartbreaking. like every nation in the world, israel has the right to respond, indeed, has a duty to respond to these vicious attacks. i just got off the phone with, my third call with prime minister netanyahu. i told him the united states experienced what israel is experiencing, our response would be swift, decisive and overwhelming. liz: where do the presidential candidates stand? 2024 gop presidential candidate vivek ramaswamy tweeted his support for israel this weekend saying, quote, i am appalled by the barbarian bare -- barbaric attacks, shooting innocents and killing children are war crimes. iran-backed maas -- hamas and hezbollah cannot be allowed to prevail. i stand with israel,s and utah -- and the u.s. should do.

-- too. this comes after saying the true mark is to get israel standing on it own two feet. the entrepreneur and 2024 gop candidate vivek ramaswamy is here with me now. all right. here and now in the moment please tell me what you are thinking, especially in light of the news that mike tobin of fox news has brought to viewers today just a few hours ago that israeli soldiers have finally made it into some of the attacked areas and have found decapitated infants. >> i mean, this is inhumane. these are war crimes, and israel's response should be decisive, as i expect that it will be. and the u.s. role should absolutely be to stand with israel diplomatically, intelligence sharing, going further in providing munitions where knead ed for israel to -- needed for the israel to preserve itself national -- its

national existence. and the united states should absolutely be behind israel as it does. while also making sure, and i think this is critical, that we conot see a broader war -- do not see a broader war in the middle east that would not advance u.s. interests. i think we can do both of those things, and i do think it's going to that take a cool-headed, rational but decisive response to make sure the right thing happens here. liz let's talk about u.s. interests. israel is the only democracy in the entire region. >> that's correct. liz: colonel ralph peters said to me israel is the only democracy, the only smart-thinking nation between greece and australia. i mean, there's a huge, huge area in between. that includes russia, iran, a lot of the middle eastern countries. but that's, that that's the interest that we have that, i hate to say friend because we know that countries don't have friends, they have interests. but don't you think that that means that forever and a day the united states needs to fund and

support militarily israel? >> well, i've said very clearly since day one and all along is that we not cut off aid until israel until israel tells us they're ready for it. what nation would ever say that? the one nation that actually said it was israel that was led by bibi in the 1990s -- liz: civilian aid is different than military support. >> absolutely. the u.s. will not cut off aid until israel until -- aid to israel. but we have a much more serious emergency on our hands, and we need to talk about how to respond to that right now. and i do think that one with of the careful things we need to make sure of here is that we are supporting israel. israel is able to defend itself and its own borders while at the same time making sure that does not lead us down the siren song of a road to prolonged and and extended, broader regional war in the middle east. that is something we should also be able to lead diplomatically to avoid. telling the u.n. its historical

practice of equating a false moral equivalence between israel's defense of itself versus the enemies that attack israel, we're not going to stand for that. but tame, we have to take a leadership role that is sound and level-headed. liz: before we go oven, as we said, the uss gerald ford steamed very quickly to the region. it has arrived on israel's shores. if it came down to it, if you were president and things got ugly, we've got four, at least four american hostages, 14 americans kill by the terrorists. would you put boots on the ground if it came to that. >> >> well, look, i think that part of america first means leaving no american left behind. and so i do think that there can be room for looking at various options to get out american hostages back home. beyond that, i think our job is to stand behind israel as israel decides what its correct response is going to be. historically, israel has had some debates internally about whether or not they want control

over gaza or not. those are pros and cons for israel. that's a decision for us israel to make. the u.s. should stand behired israel in whatever decision israel does make while making sure we don't drag ourselves into another prolong,ed -- prolonged, large regional conflict in the middle east, ask that's exactly how i would lead. liz: as we remember what happened during the reagan era are rah in lebanon, a lot of u.s. lives were lost. let's get to the southern border. the border patrol has released some very worrisome numbers that that we want to put up on the screen. the southern border is, i mean, porous is a friendly way of putting it. >> that's right. liz: streaming over the border have been people from countries that hate us. >> yes. liz: special interest alien apprehensions, as they're called, afghanistan, 6,386 people have come in. pakistanis, 1,613. 659 iranians. 538 syrians. we're not painting everybody

with the same brush here. some of these people may very well be with refugees. but what is the first step that we must take right now? joe manchin -- >> yes. liz: -- yesterday of west virginia, democrat, said seal the border, let's get the ones who are in, 3 million of them, on the path to citizenship. they can fill jobs here that americans don't want to fill. but what is your idea? >> i agree with the first half of what he said, i disagree with the second half. sealing the southern border and the northern border too, liz. this is ignored. that has to be the correct step of the next commander in chief. i visited the northern border just a few days ago. to call that porous is an overstatement. that is completely open. and when we look at the dangers of terror cells potentially in the united states, this is a national security issue for america. and so one of the questions even as this relates to the israel question, we need to get to the bottom of what the heck happened with the failure of u.s. and israeli intelligence that allowed a disaster like this to unfold. if some have said that's a question for later, i think it's

a question for now. but the wake-up call for the united states of america is if this can happen in israel, it can happen right here at home in the united states on our own homeland. and i think that's something a new reality that we in this country need to contend with, open our eyes to that risk, seal that southern border but even more importantly, use law enforcement to get to the bottom of who else is already here. and i've also said part of the plan here for support ising israel is getting anybody who has been a resident alien in the united states affiliated with hamas or similar groups, get them out and even extradited to israel if necessary. that's what it means to protect this homeland. liz: vivek ramaswamy, thank you for coming in studio. i suspect we will be speaking a lot, i hope so, as we get closer to the 2024 election it's good seeing you. thank you for having me. liz: we've got this, sam bankman-fried's former paramour, the the star witness in the fallen ftx found orer's fraud

trial. caroline ellison on the stand for hours today. will her testimony seal sbf if's fate? charlie breaks it, tells what happened in the courtroom and what is happening when we come back. 13 minutes away from the closing bell, the dow is up 132 points. ♪ ♪ i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edward jones this is spring semester at over 13,000 us school districts, which have become top targets for ransomware attacks. but there's never been a reported ransomware attack on a chromebook.

which is why thousands of schools like the fairfield-suisun unified school district switched to google tools for education. so they can focus on teaching and 22,000 students can focus on learning, knowing that their data is secure. ( ♪ ) he hits his mark —center stage—and is crushed by a baby grand piano. you're replacing me? . .

nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you streaon the xfinity 10g network.

loving this pay bump in our allowance. wonder where mom and dad got the extra money? maybe they won the lottery? maybe they inherited a fortune? maybe buried treasure? maybe it fell off a truck? maybe they switched to xfinity mobile on the most reliable 5g network. for a limited time, buy one line of unlimited, get one free for a year. now i can buy that electric scooter! i'm starting a private-equity fund that specializes in midcap. you do you. switch to xfinity mobile today.

♪. liz: things are heating up right now in the courtroom at the criminal trial of sam bankman-fried. the disgraced crypto kingpin's former girlfriend, caroline ellison is on the stand right now. right off the battle lesson who ran ftx's alameda hedge funded a mitted to committing financial crimes including fraud and said sam bankman-fried himself directed her to do so. charlie what else is happening right now? >> you have to always be careful saying sam bankman-fried is a strawed officer. liz: alleged. >> this testimony is making him nearly a a convicted fraudster. not only her and gary wang. liz: he served at ftx. >> both cut deals. both hut him in the middle of directing the fraud, in lang's

case he not basically said, said sam bankman-fried allowed me to do this backdoor mechanism where we could pull money out of the ftx. remember the crime, the crime was alameda has got some issues. we're investing all this other money. where can we get money on a short-term basis? you couldn't just take it out of the customer accounts until they created the backdoor. the backdoor allowed them to pull out ftx accounts. >> without telling the customer? >> without telling the customer. you couldn't do it in the past. sam bankman-fried agreed to that. the question would be, why did he agree to that? if he takes the stand i don't think he will, i think he wants to. i don't think he is. ellison is going further. essentially what she is saying all the withdrawals were done with his knowledge. when alameda was losing money during the crypto collapse she conferred with him. he approved them using that money when they needed to use

it. it was his idea for them to reach into the piggybank get through a trading loss. by the way that never works out well. that's one of the oldest crimes, financial crimes. i've seen it a million times and it never works out well. you never make it up. liz: you think let me do this now and we'll give it back, yeah. >> sam bankman-fried directed her to commit the crimes of taking several billion dollars to repay debts and invest. that's the thing i think that really going to get him on, is the fact that it wasn't just spur of the moment thing. this is just where it gets to intent, there is something in it, in criminal law known as see enter. means a high intent to commit a crime. if you're using money in the ftx accounts to make private equity investments or venture capital investments which she claims they did, that is a degree of intent. that is not just -- liz: who does she call in his defense besides his parents who

kind of don't look great in all of this? >> i don't know. i have not heard of any of the defense witnesses. i have heard of the, you know the prosecutiowitnesses. scaramucci, the reason why they're not calling him -- liz: it would help, he was messed up too. >> it doesn't matter, they have these two. my guess he doesn't take the stand because he will just get destroyed and, and this case is not going well for him. liz: i could do better than that court -- i'm sorry, jane rosenberg, whoever drew the picture. i'm sorry, jane, call me. >> check me on this. billy crudup p, good-looking actor, looks like billy crud. up. >> actor with aniston in the apple morning show. looks like billy crudup, looked

like billy crudup. liz: thank you, charlie you look like martini from "one flew over the cuckoo's nest." this is big part why the markets are looking slightly better here, right now down. it is 4.65%. it is falling about 15 basis points. investors are turning to the safe haven asset of treasurys amid the israel hamas conflict. yields, let's be honest, over the past several months are shooting higher in lockstep with "the federalist" reserve rate hikes which put the squeeze on traditional bank lending. enter the wall street lend known as private credit and blue owl capital is the firm set up specifically to provide private

capital by financing jumbo loans for companies. joining me now, 150 billion in assets under management is blue owl campaign co-ceo mark lip schultz. mark, you're stipping in at a time where banks are not, right? let's explain exactly what you do? >> well thank you for having me. stepping in at a time gangs are changing the role for a time. it is not new, it accelerated last five or 10 years. banks moved out of the business to lending to a lot of these companies. rather than in the business of syndicating loans, acting as an intermediary. that is an important function, we need that function in the capital markets, to have a long-term reliable capital partner nor corporate america. we needed a different model. that is the model we built at blue owl. liz: your stock down today, we like to spread it out to show perspective, up 49% over the

past year. what kind of rates do you charge your borrowers? >> so our business is about being in the senior secured floating rate business. liz: okay. moves around. >> moves around. rates have riflessen over the last year, that flows directly through our investors this is beneficial environment for our asset class. a typical loan we make with a large company with a large backer probably earns unleverred 12, 13% return. that is substantially higher than where it was before. that reflects the rates. liz: they need to find the money somewhere. i, i'm very interested to know about how you're growing. you guys are growing pretty exponentially. you said you would expand into abdou abu dub by is that still on, still stands especially considering the turmoil in the region. >> we're proceeding forward.

they are a wonderful partner for us, to build a global business and capital base to meet the needs of many focus where which lend capital we have a real estate business and a gp solutions business where we provide capital solutions to the private equity industry itself or others with their real estate. we have a variety of ways to provide private capital to meet the needs of a market that needs capital. liz: we like the free market and you're a living example of it stepping up with blue owl. thank you so much, mark. >> thank you so much, liz. liz: tomorrow we're joined by virginia republican congressman bob good and pennsylvania democrat congressman brendan boyle. closing bell rings] the latest in the speaker arrest race. that will do it for the claman countdown. "kudlow" is next. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. all right president biden spok