we are seen downstream of the marriage crisis is a reduced number of birth and children. charles: in the 70s we saw everyone was getting nervous paul had the population of 68 about harming the planet were hearing a lot of kids talking about that. you only have 15 seconds but to what degree people are saying i do want to have children i want to save the planet. >> i think some of that is there but the reality there will be implications from a population but not just for our government budget but our economy, we will experience a lot less joy in this world because of the reduced number of children we need a future generation for the workforce to become taxpayers and take care of us in our old days and i'm hopeful that we can turn things around and the desire is still there according to the poll. charles: it away started desire, ashley webster and for liz claman. >> thank you very much charles, i will take it from there.

liz is out today but we have breaking news to begin with, fox news is reporting that hamas has released to elderly israeli women both being a poor health, of course we are following all of this and more on the latest developments coming up in the show out of the middle east. markets right now are pretty mixed with the choppy trading session. s&p and nasdaq up slightly, then affect doing better the dow down slightly, all of this as republicans reconvene to discuss potential speaker candidates later today. again, jointed us with the very latest in the soap opera is chad pergram, good afternoon. >> good afternoon, republicans meet tonight again for another candidate forum for speaker, nine republicans vying for the job, they are names you've heard of like house majority whip tom emmer and byron donalds but also backbenchers to jack bergman in dan meuser. >> everyone on that list would

make a good speaker but i bring a lot of experience to this and a lot of time the private sector and the revenue secretary in the commonwealth of pennsylvania, a lot more inclusion and inclusiveness that could take place when you need to address 17 out of 223, 222 to get elected. republicans plan to hold another secret ballot tomorrow to see who has the most support then they would go before the entire house, the gop nebraska representative mike flood is asking candidates to sign a pledge of unity to support the nominee on the floor. >> i'm not asking anybody to sign over their vote i'm asking them to do what we done for over 200 years, that is to have a robust debate in conference, to vote on who you think the best member is, to be speaker of the house of representatives. and then put aside their differences.

>> one nonmember who scored votes for speaker's former representative lee zeldin, some republicans have spoken of adopted a resolution to elect speaker pro tem patrick mchenry. >> there are some house republicans who have been in favor of empowering patrick mchenry, i think it is important that if that is the past the house republicans choose to go hopefully they're doing it within the conference itself and not empowering hakeem jeffries. >> collecting mckendry would able to house the function again and lawmakers are nervous as a government shutdown looms next month. ashley: very quickly, you always have your ear to the ground in the hallways of congress. is there perhaps a renewed hope that out of the nine particular individuals we might finally get consensus on the one person to lead? >> it is far from clear whether, any of the nine can get to 217 on the floor it's always about the math i've been told they would try tomorrow and wednesday and after they incinerate those possibilities if they don't have

a speaker maybe they would try to go with mckendry option later this week. ashley: i think you should throw your hat in the ring, you're far more sensible than the majority of them anyway. thank you very much, i know you would get a lot of votes. we mentioned at the top of the show it's been a mixed choppy day of trade in the s&p 500, nasdaq are raising earlier losses in the day, the dow between gains and losses, not a lot of conviction, the nasdaq up 115 points up nearly 1%, let's take a look at the russell 2000, do we have that i would have a quick look, the small caps, the dow down, the s&p and nasdaq are higher, the big story of the bond yields retreating from session highs, the ten year treasury weekly topping 5% this morning has done this again, it is down nine basis points to

4.83%, the pullback in bond yields happening as bill ackman says he's covered the short position in long-term trea treasuries. he had been betting on elevated yields but now says there's too much risk in the world to remain short bonds at current long-term rates. it really is a flee to safety when you see the prices going up on bonds and the yield coming down. investors bracing with what will be the busiest week of earnings, this week will hear from a host of big tech names including microsoft, alphabet, meta and amazon, were getting reports from verizon, coca-cola, visa, boeing and 3m all sorts of companies that we can have a look at the earnings and gauge where they're at and what their outlook is more importantly, will get a better read on economic conditions will beget the third-quarter advanced gdp number on thursday. then the fed's favorite inflation gauge, pce on friday, a lot to digest, let's get right to the floor show, joining me and very likely kenny polcari

and scott shellady, the deans of market watchers, that's what they told me to say. gentlemen let me begin, scott let me get to you, fear seems to be very prevalent in there's a whole load of reasons why in many issues out of there. what is your take in your position, what advice would you give to somebody who said scott do i buy on the dip or do i hide and wait for this environment to study itself? >> i will say two things, first i understand where he's coming from. i feel to put all of your money to work looking for homerun is probably not advisable considering what's going on geopolitically around the world and also what's going on with our situation and our spending problem, what happened today is

pretty common when we came in early this morning the takeover yield of 5% now down to 4.83 not a lot of folks know that is a huge move and bonds and doing so, that tells me number one, the market was the bar we problem this morning. if you go this afternoon starting to worry what's happening around the world and gave a fight to safety. this is not going away. we're going to have the tug-of-war between the bond vigilantes with our spending problem and also having the rest of the world look at it to park your money as a flight to safety. those two things will continue to play out, there will not be any answer in the short term. i will say this if i can sit on 5% money in the short term and watch what happens to the rest of the world i think i could

much rather live with the fact that i mr. valley rather than i put my inheritance from granny when she dies and will lose it. i'm going to take it and risk valley intake by 5%. >> very good, we gotta get you in here, s&p 4200 key levels of 4239. if we go below 4200 are you expecting another leg down, by how much. >> the key level was a long-term support which is 4233 and we broke through that on friday indeed 4234, the next key level is the 10% mark, that was 4180. right now the s&p is out about 8% which is well within the normal trading, 4180 would go from normal to correction mode, notice we traded down to 4189 this morning when we found some support, they rallied to back whether it was ackman's comments

or oversold condition or whether people looking for some bargains, whatever it was that held that level, i would be cautious at 4180. if we break the level, you know what's going to happen, there go to get another signal that we broke the technical level and were getting get another wave of sellers. ashley: sell, sell, sell. i read in your notes we need a reckoning and housing. what would that look like? >> that's good to be the people trying to sell their houses in 2023 for 2021 prices, it's not happening. we have the stock up for sale expecting the prices you got two years ago you either have to have interest rates or they're going to have to adjust their sales price which i think ultimately is going to happen if a happens at all. you can have a reckoning of high offers come down by ten or 20% whatever they have to do to sell, right now that's a big part of our economy.

ashley: you are right, very quickly we have a busy earnings week, so far the earnings have been underwhelming, does that surprise you what you expecting. >> it doesn't surprise me they were expected to be down eight tenths of 8% year-over-year if i remember correctly. i'm not necessarily shocked that there underwhelming, the bar is low this week will get a range of sectors that we will report, the big ones are good to be the big tech that will get this week apple and amazon and meta they will be the one the people look at, working to get exposure to the healthcare industry and oil services stocks, will get pharmaceutical names, there's going to be a lot for investors to digest, to your point am not necessarily surprised. i am much more interested as everybody, what are they saying going forward, what does the future look like for these companies going forward and that is going to be the key for investors. ashley: we will see what they

have to say, gentlemen kenny and scott, thank you for joining us today, always appreciated, a lot of fun. coming up next the $53 billion deal in the oil patch as chevron slaps down big bucks, that is the latest tie up in the sector, top oil list on the crew consolidation. we're going to check chevron in a minute and here's a look at the other oil stocks the uniformly moving down, morgan, d.o.j. resources, exxon mobil, conoco, phillips down to and a third%. "the claman countdown" is coming right back. this is spring semester

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ashley: we have breaking news in the chip world reuters reporting nvidia and amd planing to take intel had on by making pc chips, the calling of the major new challenge. nvidia dominated the market for artificial intelligence computing chips, now going after the stronghold of products for personal computers the report says nvidia has central processing units which would run microsoft windows operating system and use arm technology and doing the same the stock as you can see moving on the news. nvidia is moving higher as microsoft but intel on this news down 3.77% on that news. let's turn to oil, chevron has agreed to buy hess for $53 billion, the second proposed merger after exxon mobil bid 60 billion for pioneer natural resources earlier this month.

join me now oil associates, president candela problem the very man we need to speak to. let's get to this deal are you surprised has this come out of left field or not? >> hasn't came out of left field but it might be surprising chevron is buying hess after they bought pvc energy back in august but this is a continuing trend that we see in the oil patch even exxon back in july but to bury resources and it's clear that it's cheaper to buy reserves in existing production rather than drilling new holes in the ground and that's what we see with the consolidation recurring. what is interesting including the bloomberg, reuters says chesapeake is looking at southwestern into your point about mna grays, how many will be end up with, the good to be

gobbling each other up. >> there's certainly growing into bigger entities and then you could ask yourself what's going to happen with occidental petroleum or diamondback energy or the few remaining independents that are producing in the permian basin. hess as chevron is good because has has a lot of production and north dakota in the gulf of mexico and in going to which is proven to be a big bonanza as far as oil production and these are locations where the political climate is quite steady for investors. ashley: is a reaction to the biden administration policy going green and making a harder for these companies to go about their business making it a lot more expensive. is that part of the deal because of the policies of the

administration, to your point it's cheaper to buy someone else and do it yourself. >> i certainly think the biden administration is making more difficult for the oil industry to get more crude oil and natural gas out of the ground, you can see this from the policies and announcements that they made sense 2021 which is restricted the amount of federal lands available for leasing not only in alaska but the gulf of mexico and the amount of litigation that is followed from those announcements. if you're an oil company advocate around the world and seen oil demand continues to grow perhaps not the united states but you want to buy a commodity that you think is going to maintain its value. when we hear about consolidation, people start saying monopoly and the using words like that what does it mean to the consumer of anything with regard to the price of oil. >> we look at how the price of

oil is set and set on the futures exchange and were trading hundreds of millions of barrels of oil every day and oil like other commodities is going to react to supply and demand balance is that we seen, people forget during the covid epidemic we saw oil prices trade near it wasn't like the producing companies were making a huge amount of money they had to retrench and figure out their way forward now what you're seeing is especially with the sanctions on russia after their invasion of ukraine. there has been supply disruption in the oil market is trying to wrestle with that and find a price to get more oil out of the ground especially for the growing areas in china, india as well as southeast asia and elsewhere. ashley: brady see crude prices going wti i know brent is more

widely used we see it lower as we've been putting on her screen because of the diplomatic effort trying to ratchet down some of the tension. overall when you see prices going? >> i think we get to see wti drift back to $90 a barrel, the fact is around the world oil inventories are declining saudi arabia is taking a proactive and preemptive step in order to get the supply demand balance around the world in better shape and really to increase their revenues and saudi arabia is the swing producer after involuntarily cutting down production by 2 million barrels a day since last october. ashley: it'll be interesting to follow for sure, were out of time but you are the man to talk about this and we do appreciate you being with us today, thank you.

thank you for having me. ashley: bitcoin hitting peaks not seen since the early days of the crypto craze, is the crypto winter about to fall we will get into that ahead, take a look at the top crypto start engine stocks coinbase, mining, marathon, digital, block chain, they are all moving higher as you can see as the crypto winter may be slowly edging away, will find out were coming back righta aftel r this. a fiduciary, i pre to be the financial steward that you and your family need. i promise to put your long-term financial well-being above any short term transaction. everyone has a big picture. my job is to help you invest in yours. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor. com

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>> fox business alert let's take a look at the markets there lacking direction, the dow up and down throughout the session but down 125 points, down a third, the s&p essentially flat the nasdaq higher by half 8% but losing a little bit of steam. agricultural sciences and chemical company fmc sliding after cutting the full-year guidance, this is the second time in four months at the company has cut its outlook. fmc siding lower sales in latin america as a major reason for the downward revision, the stock is down over 50% year to date, down as you can see 13% today's session. walgreens getting an update from j.p. morgan to neutral to overweight, bank analyst raising the price target from 27 - $30 on optimism that new ceo tim

wentworth can turn things around. analyst say commences a new era for shares of wba as tim wentworth assumes the ceo role, no pressure, the stock is up nearly 4%, sales force heading in the other direction after 5% cutting the rating on the stock from overweight to neutral, the investment bank cut its price target from $268 to 232 saying the club-based companies 2024 growth estimate appear too high as the company shifts to prioritizing testing generative a.i. features down about a half 8%, bitcoin hitting a three month high as a crypto flirts around the 31000 mark, has not been there a while, it also helped ethereum and xp are prompting morgan stanley of the crypto winter may be over in crypto spring may be on the horizon. i guess time will tell, the israeli hamas war expanded as

hundreds of airstrikes prep the stage for is it really ground war, it's all going on as hundreds of hostages are being held in gaza. a live update on the military situation, we're going to talk to one woman who had five relatives take hostage. defense stocks with a mixed picture boeing and general dynamics, lockheed martin hi higher, rtx corporation slightly higher, mixed indeed, "the claman countdown" is coming right back. ♪

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consult your doctor before starting on omnipod. (adventurous music) ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia. ashley: fox news reporting hamas has released tumor is really hostages out of the 222 initially captured with a terrorist group launched its attack on israel. this comes after hamas released to a macon hostages on friday, at the white house national

security council coordinated for strategic communication that is john kirby said in a press briefing the u.s. will be postured appropriately in the middle east as fears grow the israel hamas war could escalate into a regional conflict, at least 5007 debtor people have been killed so far including 1400 israelis and 32 americans. the war enters its third week, let's go live to mike tobin and asko on israel with the very latest. >> the very latest is a release of the two hostages. a couple of sources speaking with fox news trey yingst that these two have been released in the is militant wing of hamas has released out to the general public say in a couple of israelis have both been released, they are fairly old 79 and 80 years old they are not

said to be in good health, that could be a factor in the release. hamas is saying they're doing on humanitarian grounds with this particular release, people on the periphery there are many people within the negotiations talking about people on the periphery are very suspicious about the hamas tactic of releasing two hostages at a time drawling out for a couple of days, simply could be a way of drawing this out forever and delaying the ground invasion, that is the situation the two hostages we don't know exactly where they are the official word from the israeli government, their docket, and tell her back in israel, another hostage has been released, the ground offensive could begin at any time, we know in particular the defense minister has been speaking to the troops as if it is intimate. ashley: mike tobin on the gr ground, since hamas launched its

attack on israel it is estimated that the terror group is holding over 200 people hostage. president biden moments ago spoke about the situation when he was asked about a cease-fire, listen. >> we should have a cease-fire and then we can talk. >> is any progress on that. >> that was the president saying we need to get to the hostage situation sorted out first, unfortunately a family is grieving the loss of two laws bronze, 18 euros carmella dan and israeli american french citizen and her 12 year old granddaughter norah dan pictured after they were killed last week after being held hostage by hamas. joining me now is a relative abby, she is an american living in israel who by the way still has three family members being held captive by hamas, i cannot imagine what you're going through. tell us about the family members

who are still being held hostage and haven't heard anything at all from authorities. >> thank you for having me. we are still fighting for air as he is a lebanese turning 12, 16 and 53 is a file under father, the two children are the carmella's grandchildren, we have a video that we saw that hamas uploaded on october 8 and that has been the only true evidence that we seen of anything, we have confirmation that they are hostages but we don't have anything else, they haven't let the red cross and we don't have sign of life and were really fighting to bring them home. >> the military has not discussed with you and honestly do have a lot on their hands, we've been waiting for the ground invasion which must be incredibly frightening for you with family members as hostages,

you've not been giving any indication at all of what the plan is. >> now i think it's above the famous paygrade and our job is to keep talking about the people that are there and keeping this message at the forefront of everyone's mind indeed make them think about what it would be like if this is her family. >> we just got news that two elderly is really hostages have been released we are told they were in bad health, disaster view encouragement? >> everything is encouraging it's been the only slice of sunlight to know that for these people have ended the nightmare and they can come home and began to try to rebuild from the trauma one of them is my cousin's neighbor. i think knowing that has been devastated so badly that they got one of their own back is extremely encouraging. ashley: have you had any contact with american authorities, you're an american citizen have

you had any going through vegetable matter grout? >> carmella was also american infighting as an american hostage and now she's in american victim of terror of the opportunity in the last two weeks to meet secretary of state blinken, president biden 17 of the senators that came were in touch with the state department and the fbi, it's been a dated response and i feel like we need to continue to put pressure on in the right places to make sure that this stays top of mind. ashley: what were the circumstances when they were taken hostage, the three family members, were they at home when the attackers came into the home and drag them away? >> we know that carmella's house has been burned to the ground, our guests they smoke them out and with the other three, we have whatsapp messages that tell us that they climbed out of the window in they were afraid and they tried to escape into the

field, they must've been found outside of the house in the video is geo- located on the books so we know that they probably walked them to the border. that's her guesstimate should. ashley: are you still in a nightmare, can you believe the events, entering the third week, it's hard to believe, i'm sure for you you are reliving that horrible day every day. >> i think it feels like if only one story where the whole thing it would be horrifying. instead right now in israel and jews everywhere are contained in the multitude of atrocities and brutalization and i think i'm not processing the emotions, i'm trying to stay above and keep fighting, that the best thing we can do for our family and all of the hostages. ashley: what would you say if thomas was listening right now what would you say to them.

>> i would say to use their hearts, act humanly if that may still exist in digital the thing possible which is to let our citizens and civilians come h home. ashley: our prayers and hopes are with you. i know this is awfully difficult to talk about. thank you, and brings home what we already know the dreadful october 7 something that will not soon be forgotten if ever and we really keep our fingers crossed and pray that this will have a happy ending. >> thank you so much. >> abby and israel three family members been held hostage by hamas. a complete change of attack, if your going to san francisco,

don't bother wearing flowers in your hair, you may not meet some gentle people, the city by the bay trying to fight back against rampant homelessness, drug use and crime. we will tell you how they plan to end the doom loop next. as we head to the break, the dhow off 170 points getting a little down with momentum half 8%, "the claman countdown" coming right back.

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>> the united oil workers expanding their strike against the lantus the union walking off the job the ram 1500 pickup truck in sterling heights michigan 6800 more workers joining the picket line at the largest assembly plant a major expansion of the month-old strike against detroit's big three automakers. the uaw blaming the job action on negotiations with stellantis claiming it has the worst proposal on the table with regard to wage increases, temporary worker pay and cost-of-living adjustments, there are more than 40000 stellantis, ford and general motors workers on strike since the walkup began on september the 15th. in a statement stellantis is saying the uaw continued disturbing strategy of wounding

all the detroit three will have long-lasting consequences with every decision to strike the uaw sacrifices domestic market share to nonunion competition. wells fargo estimates and production losses will cost the lantus 110 million and operating earnings per week anderson economic group estimated total industry losses after five weeks has reached $9.3 billion we will see how badly that his ford and gm and they have their quarterly reports later this week. gm and ford down, stellantis up 8 cents 1896. now this, can advertising fix a declining city, san francisco the california tech hub that is synonymous with surging crime and homelessness is hoping to fix the image with a multimillion dollar ad campaign. joining us now kelly o'grady.

is this going to work? >> who doesn't love a good read. we've done that at some point in our life you go to college and try to fix her image that's what san francisco is looking to do their looking to remind everyone that the doom loop is inedible, the campaign that you mention is it all starts here and it's a love letter to the city, you're trying to remind business leaders, tourists alike to come over here, sf has been the birthplace of innovation. here's a taste of what the ad campaign sounds like. >> were grip ingots meet brainpower, optimism and openness. confluence agitates into action a restless age to create things that are brilliantly new and different. >> you can see a lot of famous companies mentioned in their in the campaign is funded by a couple san francisco boring business moguls, they highlighted the campaign that apple and google, this is the

birthplace of the impressive companies in their aim is to show the best is yet to come in the artificial intelligence craze could mean you can see a lot of companies coming into san francisco, the bay area has struggled post pandemic, you mention crime and homelessness continue to plague the city, robbery is up 16% versus last year and as a result folks feel less safe, less foot traffic, more remote work in businesses are suffering. the proof is in the data all share commercial real estate stuff, vacancies have reached record highs last quarter 34% of offices are empty that is a third of offices can you believe that even a major $100 million development that is lost half of its value because of this and using big-name retailers like nordstrom close iconic locations in downtown san francisco because of all of us. fewer businesses and residents

in the city and that means less tax revenue that's were the doom loop concept comes from, it's definitely worth a full two minute watch that we see businesses make decision based on the present not necessarily the past. ashley: let me get this straight they have a huge advertising campaign to bring tourist say come and see san francisco it is still a beautiful city even when people who live there won't drive their car into certain areas because they know it's going to get burglarized or whatever it's not really attacking the problem is inviting more people to be exposed to the problem. >> that's definitely the criticism that the ad campaign has received as far you mention motor vehicle theft up 9% versus last year. london mayor london breed san francisco's mayor she has called for departments around the city

including the police department to actively cut funding. to your point people are not coming into the city that means less tax revenue in the doom loop you to have enough revenue to support the services that create the opportunity for more crime, 4 million-dollar ad campaign is not going to fix the actual problems in the city. ashley: the businesses are shutting down. when people come to san francisco there's a lot less choice. >> right nordstrom has left, whole foods left in the downtown marketplace but you've also seen companies leave altogether using tesla move its headquarters to austin there doing engineering work in the bay area but certainly not inspiring a lot of confidence for companies to move their coming of the high tax rate so when your start up and think it's inferences or miami or austin there is attractive

pieces more than an ad campaign bringing you there. lower taxes, less regulation may be leading to more people. thank you so much obviously we charted the travails of san francisco and they have not gotten better but they think advertising might help. the closing bell and about six and half minutes, the dhow off 182-point down half 8%, the s&p turning slightly negative the nasdaq losing some earlier steam but higher via third of 8% the dhow is on pace for a fourth-down day in a row but the nasdaq on pay civic and hang in there to snap a four-day losing streak, the tesla shares have been driving all over the place they were on track for the four-day performance in higher barely less than a ten tire present, the stock has been

selling off since tesla reported disappointing through dirty results on october the 18th. since then tesla has recalled 55000 model x tvs due to a break condition and what is expected on capital expenditures this year all around the stock has been suffering. as we watch and wait for the highly forecasted recession in history our countdown closer says several sectors have gone through every session and now a coming out on the other side, joining me now and sj investment group cio john mowry he manages $6.7 billion in assets, he knows what he's talking about. thank you gone through a recession and maybe present a bargain? >> so there are a few areas that are very discounted currently.

start high level, the small and mid-cap arenas, those are really under a lot of pressure primarily because financials, utility its, reits make up a bigger proportion particularly in the value arena. if you were to look at the equal weighted s&p 500 that is actually trailing the cap weighted through the first 3/4ers of the year by 13%. the last time we saw that in the late '90s and if you hook how that played out there was inverted yield curve, strong dollar, tech stocks were doing very well. on the other side of that you saw a different picture playing out. very discounted financials, very discounted real estate companies those did very well in the back half of 2000 some investors may remember. ashley: i want to talk about regional banks and health care, the regional banks earlier in the year were under a lot of pain and stress but now there are some real possibilities. what do you like in particular?

>> in you look at the region until banks in 2008 that was really an asset quality deterioration. what happened earlier this year was more on the liability side with the rise in rates. balance sheets look strong. you have to be choosy. not all community banks are created equal. for example, commerzbank is one we like. the margins have not ticked higher. the steepest discount in over a decade lower than before covid. we wish we had a time machine to buy stocks back in october of 20. you have an opportunity with many of these banks. it is a little scary. i get it. no one wants to step into areas that are weak. tech stocks were weak a year from today. nvidia one of the great companies of in the world is down 57% from last year. ashley: talking big tech names, they report earnings this week. what are your expectations? >> i'm relatively sanguine on

some of these. the valuations are rich. the nasdaq is up 35% year-to-date. if you have good earnings like netflix you will be rewarded but i don't think you have the same opportunity for multiple expansion like you do in some more of the beat-up areas in financials, real estate, some of the value arena names. so big tech obviously deserves that premium multiple because they can fund all their operations from their balance sheet. they don't have to reach out to the capital markets like some of the smaller companies would. but there is a price for that you're paying for that. nasdaq is up 35% year-to-date, value indexes are negative. those spreads are huge. ashley: there is a lot of fear in the market. when you think about it we had high interest rates, geopolitical tensions now, dysfunction what is going on in congress, underwhelming earnings or flat earnings. there is a lot for investors to worry about. what do you tell your clients? >> so you know, these worries

are definitely there. you have an ininverted yield curve, you have calls for the recession, you have tensions with china all the things you mentioned. our advice is, one, valuation should shape investor expectations. i think valuations should always be the first barometer. the second you always want to be diversified. third you find companies with dislocation in valuation but not necessarily a dislocation in fundamentals. edwards life sciences is a name we love. trading at the lowest multiple since 2014. they make create valves. if you look at edward life sciences this company has a net cash position, double-digit earnings growth, 30% operating margins. so that can weather a variety of environments and has a bulletproof balance sheet. we identified companies we believe have staying power and really able to reward investors when some of the storm clouds move away. there is a lot of opportunities below the surface and investors

to should look at equities not just because they get 4 or 5% in money market as tempting that may be. ashley: 20 seconds left, john, very quick. a lot of people expressed concern about 2024, all of this will come home to roost. are you one of those? >> i any you really have to go back again to the fact that some stocks discounted a lot. the real estate sector is down 30%. banks are down 30%. ashley: right. >> when i look at all of those areas you have a lot of opportunity in 2024 to be positive. ashley: john mowery, great information, thank you so much as we head towards the closing bell in about 15 seconds. [h. [closing bell rings] the dow off 191 points. hanging stuff but still in the positive. that will do it for "the claman countdown." the one and only larry kudlow -- larry: hello folks, welcome to "kudlow," i'm larry kudlow. all right,