Skip to main content

tv   Varney Company  FOX Business  October 19, 2023 11:00am-12:00pm EDT

11:00 am
>> we immediate to dom together as americans right now. this pro ha mags party is causing problems at the end of the day. if you hear language by people like hashed tafanely lib, i doubt he -- rashida tafanely tlaib when she brings them.
11:01 am
>> she repeats thing withs no evidence and idf and own pentagon and biden himself said, hey, this is not true. >> it's very dangerous if hezbollah enters this conflict. very, very dangerous and even worse if iran does. we need to assist the israelis in gathering as much intention. >> israel needs assistance if the conflict emerges and how much depends on the conflict. if it's just a gaza event, that's one thing. if it's gaza and something up north or broader, god forbid, it's something totally different. stuart: morning, everyone. 11:00 on the east coast. check the markets and red is appearing. dow down 130 points, thainy loss for s&p down 8 -- 12 ratter and s&p down 10 point as we speak and nasdaq down 5. price of oil, coming double dowa little, $88.79. the yield on 10-year treasury
11:02 am
going up again, 4.94%. it's flirting with 5%. not good news for stock investors. now this. save money and you should be getting around 5% on your savings. buy a house and pay 8% on mortgage. that's the new reality, folks. we're living in a high interest rate world. seniors may like it. youngsters will not. take the 5% rate on savings and there are plenty of older folks and only too happy to put their money into dead, safe, treasury security asks have not seen such a strong return for years and by the way, you get a small tax break adds well. then there's the 8% mortgage and there's a real some for everybody and especially younger home buyers.
11:03 am
a week ago, you could pick up 30 year fixed rate home loan for just over 7.5% and now it's 8% in a week. that means on a 250,000 loan, your monthly payment went up about $90 just in one week. when it goes up so quickly, home buyers shift plans. as we heard earlier this morning, people are just not buying. and by the way, nearly four out of ten buyers under the age of 30 needed family help to get into a home of their own. the american home ownership dream is fading, and i think that's not good. you can't just wave a magic wand and bet back to the good old days and can't pass a law and make a rule. the rate you earn on saving ands pay on your mortgage are out of your control. third hour of varney starts now.
11:04 am
>> you would agree the american dream of hope ownership is fading for youngsters. >> they feel like it's being kneecapped. they're watching what's happening in the world. they're watching these rates go up a fed hold these rates high. it was late to the inflation game. the administration spending and spending sports grill spending not coming down as fast as we need and that for a young person is frustrating because they look ahead and they say, when's that going to change? is that going to change any time soon in my life to pursue the things i want to pursue? i think a lot of families, young families right now are saying i don't see it changing. you don't want to frustrate young people in a society. stuart: no, you don't. >> they're the growth engine. you want them to be helpful. stuart: lose faith in capitalism and the american dream. they can climb the food chain by effort and honesty. that, you lose contact with that. >> they lose contact with that and looking expander saying is there something else that works
11:05 am
better than capitalism and democracy? when you start asking those questions and we've seen it in polling and that's a bad situation. stuart: they turn to socialism. see it all the time. biden as in president biden tops trump by four points in a new poll and he's getting massive donations from billionaires like george sore sorrows. this bole -- soros and think trump would be more popular now. >> if that's the narrative coming out of all of this, it helps trump. now one thing biden could do, i don't know if he's going to do this and this stood up till the radical wing of his party. that's pro hamas and pro terrorists and he stood up to them and that's the sentries and will he do that? if you have the guts and you can
11:06 am
do it tonight. stuart: he could. he's at 8:00 and updated at nfl tonight. >> if he's pro israel, he should say that. and he's not that bad. trump may not be that republican i believe. vivek ramaswamy is considering dropping out, tim scott is struggling to raise money and nikki haley and mike pence are the only two with foreign policy experience. how is this next debate shaping up here? >> you know what, they've had two bites at the apple to try and make something happen, and they just haven't done it so you do start having to ask the question, what's another debate going to give you? what are they going to say that's going to break out of the rut they're in. just haven't seen anybody be able to do that, state court,
11:07 am
what i hear ramaswamy saying seizure disorders have to find something else. the debate is not going to be it. maybe it's the one-on-one debates or something else that the republicans don't want to let them have by the way. if you want to be in the next debate, don't do any outside debates and i have to shake it up. maybe something else is the way to go. so creativity is good. stuart: yeah, what would that be though? lauren: trump has to get in. go face-to-face with trump. >> dualing and need some kind of rhetorical dualing. stuart: why would trump get in when he's leading by so many points and everybody else is trying to catch him? lauren: i don't think he will. that's what the other candidates need. stuart: you're right though. you're with me for the hour i believe. jaire okay. stuart: thank you very much indeed. very kind of you. remember the list of celebrities that said they would leave the country if trump was elected? they're still here by the way. lauren: oh, whoopie, b barbara
11:08 am
streisand. stuart: i don't care who but tell me. lauren: sher, she told the guardian in donald trump was elected she'd be out of here. she's got beef with the republicans for her position on the trans community because her child chaz is trans. stuart: okay, moving shoplift we along. turning to the markets and david is with me this morning. i want to get into this number we got earlier this morning. existing home sales, a 13 year low on an an an annualized basid selling animal >> it takes
11:09 am
months to do it and today the buyers on the 8% mortgage are having a difficult time finding a loan. also the credit qualifications that banks are utilizing, completely different. i actually just went through a whole process here myself and i was like how on earth is the average person going to be trying to figure out how to do this. seven in ten are getting turned down according to to my mortgage guy. stuart: sorry to interrupt, i want to chime in on this. getting a mortgage these days. if you're not good at technology like myself, getting all the information online is absolute murder. that's more of what the regulation side of things does and they have to hit all these specific variables and banks are going to try and be picky eaters right now. you're exactly right, stuart.
11:10 am
it's becoming more difficult and the speed of transactions is slowing down as a result of these tighter standards at banks today. as you know, looking at real estate, a lot of people right now trying to find out if this is a buyers market and sellers market? lock in at three% and people to sell and buy at a higher place. it's a difficult place. stuart: jay powell starts speaking at the economics club of new york i think it is at 12, noon, less than an hour from now. i think he should comment on government spending but i don't think he will. are you with me on this? >> yes, sir. you know, as we look at house right now not having a speaker, this is a moment where we need leadership right now in our nation. powell has taken this and i'll be politically neutral position here, but i don't think that's
11:11 am
actually legally what he's required to do. hoe said i'm not trying to comment on things. congress can't lean on him to reduce rate sos they get votes, but he absolutely has the obligation and my opinion the moral obligation to communicate with congress that this print and spend that they're doing is literally driving our nation into the ground right now. we look at where we are today with the debt vealing, we've been adding 22 billion daily in new debt. we hit 33 trillion a month ago. that's 650 billion we've added in the last month, stuart. that's unsustainable course. stuart: on all accounts. david, sorry to account you short but i've got to go. find out what he has to say in a few minutes. lauren is back looking at movers including amazon. lauren: so they have new -- up 2%. new artificial intelligence and row bat icks in their ware -- robotics in their warehouse operations that can move products around 25% faster. then identify inventory issues up to 75% faster.
11:12 am
so i think it's amazing. you go on amazon and get product in two hours. get products soon in like two minutes at this rate. stuart: yep, remember canada goose, those blackjack ets that took the market by collar. lauren: fur collar and expensive. they got two downgrades at wells fargo and td cohen and stock is out 6%. three reasons, it's not spoken about as much on social media. and they mentioned the weather. are we going to have a mild winter? then mentioned china slowing down. stuart: i bought one of them once and it was too hot. lauren: so such thing as too hot. wear it in the studio, i'm always freezing. stuart: founder of huda, h-u-d-a, beauty facing a boycott not wanting blood money from israeli customers. oh deary me. white house announcing millions for humanitarian aid for gaza
11:13 am
and they worry it could end up in hamas' pocket. grady trimble has that from the white house. 2024 gop candidates like ron desantis want the u.s. to deny entry for people flees gaza and my next guest warns of letting these people in and possible terrorism. nicole parker joining me next. (vo) verizon small business days are back. from october 16th to the 22nd. get a free tech check and special offers.
11:14 am
like a free 5g phone. plus, switch, keep your number, and get up to $300 off. with verizon business. it's your business. it's your verizon.
11:15 am
gold terra is drilling deep and rediscovering high grade gold. their project in northern canada has already unveiled nearly 2 million ounces of high grade gold, with a strategic plan to uncovering millions more. gold terra resources. in a world moving toward clean energy and electric transportation. the future is in battery metals. ion energy is a driving force poised to support asia's booming battery metals supply chain. ion energy.
11:16 am
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. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of our bond specialists at 1-800-217-3217.
11:17 am
we'll send you our exclusive bond guide, free. with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. # stuart: the administration authorized $100 million in humanitarian aid to gaza and the west bank. grady trimble joining us. what's being done to make sure the money doesn't end up with
11:18 am
hamas? reporter: stu, the biden administration says humanitarian aid to gaza going through vetted, international and nongovernmental organizations, ngos which will be responsible for distributing it. president biden insists hamas won't see a dime of that money. already the administration is coordinating we script to allow a corn v -- convoy of vehicles into egypt. >> if hamas doesn't let them go through more get to the aid, it's going to end. reporter: the white house said the un relief and works agency is one of the organizations responsible for districting the $100 million, but if it is, republicans in congress say hamas has a long history of stealing resources from that agency. either way despite the
11:19 am
president's reassurances, republicans are skeptical that the money will end up with the palestinians who actually need it. >> you're not. you're not helping them. you're not helping them. you're helping hamas and the palestinian authority. you're giving money to help hamas to go kill more babies and destroy more babies and destroy more families. that's exactly what you're doing. reporter: separately, president biden will request another $100 billion from congress, some of that money will go to israel but also to ukraine and, stuart, some republicans in congress have a problem tieing those two batches of money together. stu. stuart: grady, thanks very much indeed. former fbi agent nicole parker joining us now here on the set in new york city. obvious question: what are the security risks of accepting palestinian refugees from gaza into america? >> right now, we're in a very, very difficult situation with
11:20 am
the strife in israel is not the time to open up from refugees from the palestinian region and there's enough problems in the united states on our own soil and spreading resources even more thin at this point. to bring in refugees, that's a complex situation and vetting is extremely long and we're talking months to years and to open it up to say, you know what, let's allow all palestinian refugees in the united states to help them out right now would be a grave mistake. we cannot -- it's very difficult to differentiate between who is the enemy and who is not. now is just not the time to do that. in the last ten years, they've only allowed in about 600 palestinian refugees so it's very serious matter and we've got a lot of risks that we're looking at on our own soil. it is not the time to be opening up more potential risks. stuart: one of the risks might be the special interest aliens that are being -- at the border coming across.
11:21 am
who are they and what are they doing? what's the terror risk? >> that's a great question. you've got individuals coming from different -- very dangerous syria, different regions of the world that they should not be coming into the united states but because we have an open southern border, there's no one stopping them right now. that is a very huge risk for our country. stuart: it is. if there are terrorists that are coming across and getting organized awaiting the word from some foreign power to be activated, that would be a catastrophe for the united states and in particular for biden's open border. >> yeah, i mean, i cannot tell you how dangerous that open border is because, again, we have a very difficult time just tracking who is here with who we know is in the united states without knowing who is here it make it is even more complicated. the fbi in particular, you know, they've got tons of threat tips coming in to weed through those and to sift through those one by
11:22 am
one is very overwhelming and now is not the time to spread law enforcement resources even more thin. the intelligence community. we've got to phenomenal customer on all the new coming -- be focuses on the new coming tips. we try to focus on all efforts at all points but now is the time to shift to foreign terrorist groups that may have appeared to be dormant in the last several years and a chance to have a resurgence and we have to be careful here in the united states and have individual lens, keep your head -- vigilance, keep your head on a swivel and be aware. stuart: january 6 got all the attention and now time to move to terrorism. thank you indeed. good to see you. thanks, nicole. founder of popular cosmetics brand, huda, h-u-d-a, huda, not sure the pronunciation. they're calling for the boycott. lauren: that model was a picture of huda herself. she's an iraqi american. i was stunned by her comments. on social media, someone wrote in, hey, israeli women use your products and really like them. her response was, she doesn't
11:23 am
want their blood money. stuart: good lord. lauren: let that sink in. she's the owner of a business and major brand. the backlash has been pretty swift. there's a petition, thousands of people sign it had to band her brand, huda beauty, from sephora. stuart: iconic deli in new york city vandalized? lauren: it's a jewish dellly on the upper east -- d deli and vandalized with swastika images and across the street. the owner doesn't think it's a one off. >> i'm not afraid to walk around new york. i am afraid of what can happen and what the future holds. people are outraged that there's a swastika put on my store, and i think that's fantastic. what can be done more is other signs of hate out there is there's swastikas out there and all that is calling for murder of jewish people, and i think
11:24 am
people need to recognize it when they see those other symbols. lauren: tensions are high on the streets and these are triggering and that owner, jeremy lebewohl on our program tomorrow. stuart: yes, he will. this is coming at us right now. sourcestell fox there will not be a third speaker vote today. we hear jim jordan still plans to continue to run, he's not dropping out but no vote today. and jordan will back mchenry as the temporary speaker until january. that's new. again, there'll be no third speaker vote today. thanks very much, brian, for being with us for the hour. 300 people arrested on capitol hill after pro palestinian demonstrators swarmed the cannon rotunda and demanded a ceasefire. we have the story for you. and anti-israel demonstration continue to take over college campuses. allie oregon is a student at a
11:25 am
university in new york city and says she no longer feels safe on campuses. we'll be back. ♪ (adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. shingles. some describe it as pulsing electric shocks or sharp, stabbing pains.
11:26 am
♪ this painful, blistering rash can disrupt your life for weeks. a pain so intense, you could miss out on family time. the virus that causes shingles is likely already inside of you. if you're 50 years or older, ask your doctor or pharmacist about shingles. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com
11:27 am
11:28 am
11:29 am
stuart: there'll be no speaker vote today but we hear that jim jordan, leading candidate, will support mr. mchenry as interim speaker. a little confusing but that's how it is right now. jordan is still in the race whenever the next vote takes place. lauren: speaker pro tem mchenry said his goal is to get jordan elected speaker. he's the speaker nominee. stuart: that's a difficult one. lauren, you've got the movers. netflix, straight up. lauren: yeah, should be up, 15%. they added almost 9 million subscribers in the quarter and most in three years and think say can do the same in the current worter and raises prices and translation: continued revenue stream growth company. stuart: i'll bet taiwan semiconductor is up. lauren: beat in a raise, up about 4%.
11:30 am
they're signaling that the chip industry has bottomed out. they're the world's largest contract chip maker. their customers include apple and nvidia believer it or not. it was stronger than expected quarter and stock is up. stuart: okay. match group, we're back to the dating game. lauren: yeah, up 2% and initiated coverage be buy rating going up to $52 and they like what they're seeing and going to tinder and at profit machine and hinge. stuart: 52 and at 36 now? lauren: correct. stuart: i'll take that kind of gain any day. thanks, lauren. lawmakers targeting university tax status as anti-israel and pro hamas demonstrations erupting on college campuses. lydia hu outside of columbia university in new york city. which campuses have tax except statuses? reporter: stuart, most colleges and universities, both public and private are tax except because they operate as a
11:31 am
nonprofit. a change for institutions of higher education would have wide ranging implications. one expert with open the books estimate that had schools -- estimated that schools, colleges do not pay billions every year in taxes because of exempt status. but we are taking a look at demonstrations that have happened at these schools spanning coast-to-coast from harvard to arizona state and these are inspiring lawmakers to question whether sledges and universities should benefit and jason smith said "some organizations that celebrated un-excusable acts of terror and statements call into question the academic or charitable missions they claim to pursue". congressman smith could hold hearings before the house weighs and means -- house w ways and means committee and the tax
11:32 am
exempt status should be reviewed. >> they're having this at am campuses across the country at your taxpayer ex-pension. they should have their tax exempt status yanked. it is a privilege, not a right and if you're going to teach this anti-american rhetoric, you shouldn't be getting taxpayer dollars for it. had yety donors, stuart they're applying pressure and university endowments swelled and harvard reaching $50 billion and university of pennsylvania $20 billion and others here, deep pocketed donors are all closing their wallets and one is mark rowan of appal low management group and suggesting his peers only donate $1 to university of pennsylvania if protest of the school. that'll make a loud and send a very loud message considering he reportedly donated $50 million back in 2018 alone. his money would surely be missed. stuart. stuart: he will indeed. lydia, thank you very much indeed. our next guest is a student at a
11:33 am
university in new york city. allie organ joins me now. allie, yasheva is an all jewish university? >> correct. correct. stuart: do you feel safe going to other campus s? >> not at all. my experience on cap pus is unique -- campus is unique because i'm a pro israel community but the nature of college campuses in the city is that it spills out on to the streets and protests being held at columbia and nyu are spreading throughout new york city. walking around the streets is terrifying right now. there was a protest yesterday two blocks from my door and students were walking by and we were being screamed at and berated with comments. stuart: right at you folk s? >> just a couple blocks on 34th and fifth. stuart: does this happen on a regular basis since october the seventh? >> yeah. stuart: what about before then? was anti-semitism obvious before then? >> it's always been an issue and it's terrifying to see this is what's been laying below the
11:34 am
surface all along. stuart: seems to be getting worse on american college campuses. >> last few years are very scary and those stories from my friends firsthand, not from instagram or tiktok but things they're seeing and experiencing in class. a friend of mine at nyu has a professor that's been giving out extra credit for anyone attending the rallies. these protests -- stuart: you're kidding me? >> unbelievable. stuart: extra credit to attend a hamas rally? >> correct. the same protest that that led to the pan still indian pro hamas demonstrators dying the fountain downtown saying it's for the bloodshed by israel. they don't feel safe wearing yakimas to school and walking across campus alone and paying hundreds of thousands for an education at a substitution insn supposed to be one of the most prestigious in the country, yuppies deserve to feel safe. most have been saying it's not anti-semitic and anti-zionism
11:35 am
didn't anti-semitism but why is it all affecting jewish students here. stuart: 30 pro palestinian protesters arrested after storming capitol hill demanding a ceasefire. what do you think of a ceasefire? >> absolutely not. ceasefire means both sides need to put their weapons down. hundreds of israeli civilians massacres were not pointing rockets or holding weapons. they were not part of this. they deserve justice. stuart: they do indeed. allie, thank you for being with us this morning. >> thank you for having me. stuart: brave young lady, come back any time you like. i mean that. brian, you were a professor at a college. can you assess the mood on college campus s? >> i can look at the mood. what allie is saying, i understand that 100%. just have eyes to see that. here's the problem though, on these campuses, for years now you've had schools that have hired activists, aggressive radical professors and at the same time they've hired
11:36 am
presidents who don't have a backbone. so the professors take over, they bring these students around them and back their cassioppi as and give you extra credit or more for showing up for the protests and what do the leadership of the schools say? nothing. because the minute they do, they're afraid they're going to get canceled on social media and they're going to get dragged through the mud and the real power, and it's scary, is with the radicals and the faculty in these schools. stuart: that's appalling. lauren: what you're telling us, this has been going on for a few years and i'm just seeing it now. stuart: now it's out in the open. now it's obvious. lauren: this has been going on. stuart: terrible thing. thanks, everybody. tomorrow, friday, don't forget to send in your friday feedback, please. e-mail us your questions, comments, concerns, varneyviewers@fox.com. jawed members, rashida tlaib could believing down on the claims that israel hit the hospital. watch this. >> people think it's okay to
11:37 am
bomb a hospital with children. you know what's so hard sometimes is watching the videos and the people telling the kids don't cry. stuart: we'll have more on that. jason rants will take it apart, next.
11:38 am
at humana, we believe your healthcare should evolve with you, and part of that evolution means choosing the right medicare plan for you. humana can help. hi, my name is sam davis and i'm going to tell you about medicare advantage prescription drug plans that can provide more coverage than original medicare, including prescription drug coverage, all wrapped up into one convenient plan. with original medicare you're covered for hospital stays and doctor office visits, but you have to meet a deductible for each. and then you're still responsible for 20% of the cost. next, let's look at medicare supplement plans. if a service is covered under original medicare, then a medicare supplement plan pays for some or all of your medicare deductibles and the 20% coinsurance. but they may have higher monthly premiums and no
11:39 am
prescription drug coverage. humana medicare advantage prescription drug plans include medical coverage, plus prescription drug coverage. as well as dental coverage that includes two free cleanings a year, plus a yearly exam. vision coverage includes vision exams and a yearly allowance toward eyewear such as lenses or contacts. and hearing benefits include routine hearing exams and coverage toward hearing aids. you're covered for preventive services like annual mammograms and prostate exams. there's a zero-dollar copay for routine vaccines and telehealth visits. and you get worldwide coverage for emergencies when you travel. you get all of this in one convenient plan. plus, there's a cap on your out-of-pocket costs! so, call or go online today to see if there's a humana plan in your area, to find out if your doctor is in one of our networks, and to get
11:40 am
our free decision guide. there's no obligation, just good information. humana - a more human way to healthcare. this is a special alert. israel is under attack and israel's enemies seek our destruction. the people of israel need immediate help. rockets have us squarely in the crosshairs. our people are targets in their own homes. many have lost everything and fear for their lives. the international fellowship of christians and jews has launched an urgent response to rescue those affected by this violent attack. our teams are on the ground across israel delivering lifesaving aid. your urgently needed gift of only $45 will help rush food, water, medicine and emergency supplies for jewish families that have nowhere to turn. time is literally running out. what we need you to do is to act now.
11:41 am
stuart: congresswoman rashida tlaib is standing bay social media post in which she blames israel for the hospital attack in gaza. is the post still up? lauren: it's still up, and this is a united states congresswoman. she's doubling down on her post. israel just bombed the baptist hospital killing 500 palestinians just like that. she continues, president biden, this is what happens when you refuse to facilitate a
11:42 am
ceasefire. your war and destruction only approach has opened my eyes and many palestinian americans and muslim americans like me. we will remember when you stood. i see that, many people see that as a congresswoman partaking in a terrorist misinformation campaign because the president of the u united states came out and said the information we have shows that israel did not do this. then a fellow squad member, ilhan omar wrote bombing a hospital is among the gravest of crimes and idf reportedly blowing up one of the few places the injured can seek treatment is horrific. she walked that back and i think what she said is important. she said this is a reminder that information is often un-reliable in the fog of war. i give her credit for that compared to rashida tlaib. stuart: hold on before you chime in there. that's not all. you got to listen to what tlaib said in a pro palestine rally just yesterday. you got to watch this.
11:43 am
roll it. >> people think it's okay to bomb a hospital with children. you know what's so hard sometimes is watching those videos and the people kelling the kids, don't -- telling the kids, don't cry. let them cry. biden, not all the americans are with you on this one and you need to wake up and understand that. we will remember this. you need to know, i [inaudible] you are on the right side of history. stuart: jason rant joins me now -- rants is with me now. >> she's in the democrat party because she's not been removed. i can appreciate some of the democrats that have spoken out and condemned this kind of behavior, overall they haven't. there's a movement within the progressive party of the democrat -- of the democrat
11:44 am
party that embraces this and truly hates israel and frankly hates jews. so when you have a party that is embracing it, you're allowing it to foment and grow, and it's only going to get worse. this should be condemned by absolutely everyone. i think this is worthy of senture and she's goes out saying netanyahu is lying and spreading hamas disinformation. she's been taught this and legitimately has hatred in her heart for israel and jews and that makes her incredibly dangerous. stuart: jewish voters have generally supported deputies and will they continue with people like rashida tlaib in the party? >> i do think you'll see more pressure from jewish voters asking why there's not being anything done to condemn people
11:45 am
like rashida tlaib. i think the jewish community, if you're a democrat you're happy with how biden has been speaking on this issue, and certainly -- i'm in this group too, i don't think democrats as a party, as a whole, are enemies to israel by any means. i do think they're doing too little to address the problem within their own caucus and if they don't, it is going to become a big issue. stuart: now, you run a talk show, i believe, talk show in the northwest? you're jewish yourself? do you come across a lot of anti-semitism on your talk show? >> so, i don't -- the city of seattle has an anti-semitism problem and there's no doubt about it. i mean, the day after we saw the images come through of what hamas did to innocent civilians, there were celebrations in a city on the street -- like, i don't understand how people are comfortable coming out and celebrating a terrorist attack. if you feel comfortable doing that, taking to the streets, then your city has a problem.
11:46 am
you noisy recordings, this is on me -- you know, this is on me and i had one moment over the course of the last week where i was wondering if i should wear my star of david. i chose to continue to do it, but that was the level -- and i have a very high bar of feeling uncomfortable and threatened, this was the first time in a long time that i legitimately felt threatened. stuart: shocking. jason, thanks very much for coming on board and sharing your experience. we appreciate that, sir. come back soon. jason, thank you. it's that moment where we take a look at state of the market and say the same thing. state of the market s well, about -- it's split. let's be honest. you've got about 18 losers and 12 winners. the dow is dead flat slightly higher, up 8 points. coming up, washington state wine maker charles smith back in new york city for this year's new york wine experience. the industry is currently in some trouble as more people shift away from wine. how's that affecting his business? he's going to join us, he's in the studio and he's next.
11:47 am
♪ 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™.
11:48 am
gold terra is drilling deep and rediscovering high grade gold. their project in northern canada has already unveiled nearly 2 million ounces of high grade gold, with a strategic plan to uncovering millions more. gold terra resources.
11:49 am
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.
11:50 am
i suffer with psoriatic arthritis and psoriasis. i was on a journey for a really long time to find some relief. cosentyx works for me. cosentyx helps real people get real relief from the symptoms of psoriatic arthritis or psoriasis. serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. stuart: charles smith is here. charles, welcome back. first of all, are you well?
11:51 am
>> i'm super health jy and super happy to be here. it's my ninth appearance on varney and koenen. stuart: you are cancer free? >> i am cancer free and ready to go. stuart: let's get on with it. i think the wine industry is in trouble and there's a gloat of wine, good stuff in australia and europe, and younger people seem to be moving away from the wine business. am i right? >> you're right and slightly a little adjustment on that. there's more confusion in the markets. always disruptions and 70s wine keels and 80s crap beer and then celtsers and bars were closed and craft cocktails in cans were developed and much more available in the retail space than before. the thing is wine has gone up and down and all the changes and for decades and centuries, wine is what you'll find at the table. i love the 1944 trader vic
11:52 am
mai thai. it doesn't always go with a plate of b boll maise. stuart: your wine is great and how did your business go up? >> dedication to quality and putting the best thing in the bottles. this is the nothing in my wine that's in anybody else's wine. stuart: there's price competition amongst the really good stuff because there's a gloat of wine? >> there is. my really good stuff, is really, really good. the price is really important. pes about communicating the language of wine to everyone. most people don't speak wine, and making sure the reward is in the bottle so that when you pick their hard earned money and plop down $15 of these wines, they get -- >> hey, man. >> $3 worth of markets and $2 worth of incentives and only get $10 worth of wine for their $15
11:53 am
purchase. i want them to put $15 down and get $25 worth of wine and that's what the consumer deserves. people work hard for their money the lower or higher the scale of economic platform, i make my wine for the people. the people deserve value for their money. they work hard for it and that's why we work hard for them. stuart: joust so happens that i happened to have broughten along a bottle of varney wines. my son make this is stuff and he says the shiraz is his best. i'm going to give this to you and you're going to drink it now and assess its value and its quality at some point in the future. you'll tell us whether it's any good or not. okay with that? >> i think the future could be today at lunch. stuart: i will swap you this for all five of the bottles you've brought with you. is that a god arrangement you think? jowski i think it's good for you. it's also good for me because i always like to share with you
11:54 am
here and i'm so grateful to be invited so many times to come on the show and update you what i'm doing. we're celebrating 25th harvest. i can't believe i've been making wine for 25 years. stuart: neither can i. i've known for you 12 or 13. hold on a second, charles, i want to get to lauren. you're going to tell me, lauren, whether you like it or not about the hard seltzer market. lauren: i want to speak wine. i want to know what speaking wine sounds like. cherry notes in this. the hard seltzer market believe it or not, i thought it was dying down and expected to nearly double worldwide in the next five years so the market would be $4.36 billion in the year 2028. stuart: fan of the hard selter market? lauren: fan of everything. >> no, i think it's terrible. doesn't taste good at all. that looks like it tastes good and sales pitch you gave, i'm ready to take my wallet out now and hand you my money. i probably don't have any in the wallet but i would. >> your virtual money in your wallet. lauren: i've been asking for a
11:55 am
bottle of varney wines for three years and you're getting one. stuart: dream on. this alcohol segment was the most lively of the entire three hours. lauren: what's your favorite? >> my favorite, i like fresh mineral white wine. i can drink it and it's balanced and delicious and cold and refreshing. the thing about it is -- the thing about my wine that's really important. number one wines need to be pleasant to drink. stuart: i have to get to the trivia question. you can listen. trivia question of the day, the record for the most hula hoop spun simultaneously. come on, charles, 100, 135, 275, 200? the answer when we come back. ..
11:56 am
(vo) verizon small business days are back. from october 16th to the 22nd. get a free tech check and special offers. like a free 5g phone. plus, switch, keep your number, and get up to $300 off. with verizon business. it's your business. it's your verizon.
11:57 am
11:58 am
11:59 am
stuart: fair warning we asked the most ridiculous question of all time. the record for the most hulu hoops spun simultaneously, the choices are on the board. brian: i can do one hundred 70 myself. i will say 200. lauren: i will second 200. we want charles smith. charles: 135.
12:00 pm
stuart: i will go with 200. the answer is 200. they could and i pavement to cheat but they were not given the answers. we have to say goodbye to you because you've got some work to do. i have a question. do you drink your wine every day? >> nearly every day. we socialize and entertain and this is what we want to share with everybody. stuart: if anybody has any comments about charles smith and his wine, send them on friday feedback, email us your questions, comments or concerns, varneyviewers@fox.com. jay powell speaks in a few minutes, that might move the market. "varney and company" done, coast-to-coast starts right now.

70 Views

info Stream Only

Uploaded by TV Archive on