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tv   Varney Company  FOX Business  October 27, 2023 11:00am-12:00pm EDT

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one of the extraordinary things we have seen about the biden white house is how sort of out of touch the president is with the number of trends in his party, and as far as the mideast is concerned work a lot of reality. >> we need a president who is strong, who is resolute, who is definitive, who is in command and in control.
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he's not. he's not that person. he's lost his step. everybody on all sides of the aisle has recognized that we have a weak american president who is not fully engaged. >> at this stage, not acting actually has more of a probability of widening the war. it looks like we're going to have a lot more of this back and forth, and hopefully we don't have any casualties on our side before we learn this lesson. >> i do think in the months ahead, that we're going to see the 10-year bond go over 5 percent. again, the markets can function with a 10-year at 5 percent. it can. it just needs to regroup and build a base. >> 11:00 eastern time, friday, october 27th. mixed picture on the markets. dow down 80. nasdaq up 110. show me big tech, please. took it on the chin yesterday. some of them are coming back this morning, except for alphabet which is down another $1.26. amazon straight up 8 percent higher on amazon. meta up 2 1/2 percent.
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microsoft back to 334. apple floundering around at 168. have a look at the 10 year treasury yield. where is it? creeping up, 4.85, but still well below that 5 percent mark. now this, the pentagon says 900 troops have been deployed or are deploying to the mideast. however, a new poll shows americans do not want american boots on the ground. pete hegseth with us. do you think america is taking a strong enough line with iran? we attacked sites in syria overnight. are we strong enough here? >> no, of course not. we haven't been from the beginning. we wouldn't say the word stuart. we haven't for a long time acknowledged a proxy war, iran has been waging not just against israel but against americans. i know guys that were hit and targeted by iranian-made efps in the iraq war, supplied by iran, iranian militias and others targeting americans specifically. this has been happening for
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decades. we know that. the difference is the previous administration made it crystal clear, you're getting maximum pressure, and if you harm the head of one american, you're going to feel the pain, and we're going to back israel in the process. [inaudible] being smoked at the baghdad airport as evidence of that very fact. we were told the world would blow up. it didn't. in this case, they are trying to steer to hold back when he should be doing what he wants. our troops are being attacked in northern iraq and southeastern syria. i'm glad they struck back a little bit but it is only going to maintain the status quo. it is not going to deter iran from trying to get the weapons they need to hezbollah. what will these american troops be doing is an important question. we have 2500 in iraq and syria, 6500 contracts we have a bigger footprint than most realize. ultimately if precision guided
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missiles were to be trained on, they're vulnerable. >> stuart: it is a big test this weekend because we're told maybe a ground invasion of gaza is imminent. if that happens, president biden will be under great pressure to sort of try to hold them back because he knows there's going to be some unfortunate publicity, very bad visuals coming out of gaza if the israelis go in as an invasion force. test this weekend; right? >> it is. he's got a choice to make. he's been kind of both siding it, okay, yes, you can go. we need humanitarian aid even though we know it will go to gaza. privately the message has been clear from blinken and biden is hold back. whatever is real netanyahu needs to do, they need to do on their own terms in the most effective way to decimate hamas. the implications on biden and his reelection or the perceptions should be second or third tier -- fourth tier, i
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don't care. we should be protecting our interests and standing by our allies in the process. so they've said they are going to take out hamas. i think it is going to be a ground invasion, but stuart, who knows, i mean, you could see -- you remember the munich massacre, and they unleashed over the course of two decades to systematically destroy the people responsible. there are a lot of different ways you can get retribution. right now it appears a ground assault to prevent hamas from having the ground but who knows. >> stuart: who knows indeed. this weekend is a test. good to see you again, pete. >> thank you. >> stuart: now this, before the pandemic, if you worked in an office, you worked in that office five days a week. yes, you did. those days are gone. i don't think they are coming back. badge swipes where you flash your id to get into the building, they are now 50 percent lower, down by half compared to february 2020. that was right before the lockdown. that is true in almost all american cities.
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it is not just new york or chicago. listen to this, one third of all workdays are now spent at home. five days a week in the office has given way to two or three days in the office or working entirely from home. employers are going to have to adjust to this because employees like it, no commute, no traffic, cheap lunch in your own kitchen, a little easier on the child care maybe, and some flexibility on exactly when you work. i don't see this changing. improving technology will make working from home actually easier. in the future, there's a clear trend, 75 percent of new start-up companies allow at least some work from home. these companies save on office space and young workers like it. it is the way of the future, isn't it? this is not good news for our cities, which are built around office culture. they're losing tax revenue. it's not good news for the owners of half empty office buildings. their value has plummeted. but there's no going back. look at me.
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i spent 50 years working in an office, otherwise known as a tv studio. my six children, one works from home on his dairy farm. one works from home laboring in his vineyard. one works from home with their own styling business. one works from home with a wedding business. one does hybrid work for medical equipment company, and my youngest works for fox nation. i don't think kevin o'leary approves of this. i think he's a get back to work in the office kind of guy. he happens to be with me now. isn't that right, kevin? you don't approve? >> stuart, you are right, but i'm also a realist. i can give you the data that's quite striking. pre-pandemic we have over 35 portfolio companies, all private 5 to 500 employees, and in that portfolio is making about 15 percent pretax. post pandemic we thought 15 percent wouldn't return. it's 40 percent. if we don't accommodate them, they simply move to where they can be provided to work from home mandate. primarily in the areas of accounting, logistics and
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compliance departments. they used to sit in cubicles here in new york in the basement. they are never coming back. but the portfolio itself is now generating 17 1/2 percent pretax. so i'm not complaining. i'm just dealing with the new reality because so much of the business has gone direct to consumer at higher margins because of what you said, technology is driving this process. >> stuart: absolutely. it is getting better and making it easier. that's a fact. sam bankman -- he took the stand yesterday. he blamed his lawyers for the collapse of ftx. do you want to say anything about that? you were an investor. >> i'm more than an investor in that situation. i want to show you something i brought. this is a harvard case on that situation. it's been published in 91 countries. i'm at the center of it. thest called kevin o'leary building a brand in sh shark-infested waters. it goes right at the ftx situation. i lost 16 million dollars there. i was a paid spokesperson. i looked like an idiot during
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that time, so did many others because this to me was a start up. this case goes through what happened and why i'm still here. i should be dead, but i'm not. in fact our business is 10 x what it was a year ago because of the journey i went into ftx and getting into politics with senators governors and everything else. it is a remarkable story that they will teach in schools. i taught it this week for the first time. >> stuart: were you taken in by ftx? >> i was like by everybody else, realizing this was a new industry held by an american and only one whose parents were compliance lawyers. eight of ten of these deals usually blow up, not for alleged fraud which we're discussing now. what his lawyers are trying to do is get one jury member to doubt that he was the mastermind of this so he can angle for a retrial. i mean, you know, because i mean, it is going to be a really difficult situation, but usually, you wouldn't put
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someone on the stand in this situation, but the odds are so high, over 100 years of jail time if he's found guilty on every charge. is why wouldn't he try this? >> stuart: i understand that. different subject because i do read your stuff. and you're telling people you got to pay off your student loans. you're talking to young people now. pay off your student loans and invest at the same time. that's not easy, is it? >> no, it isn't. here's how you do it, you have to reduce your spend to 20 percent less than what you were spending just 24 months ago by not buying as much stuff because here's the issue, the credit card debt with the rate increases are now 23 percent. so if you have a balance on a credit card, you have to be out of your mind to not be paying that down. you can't make 23 percent in the market. people like me who own the stock of credit card companies, i hate to see this happen, but that's why i own them because they are so profitable at 23 percent. on the other hand, at the same time, you need to put at least 7 percent of your earnings aside for the long-term, in index fund, etf or whatever.
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if you are in your late 20s, early 30s and you make $60,000 a year, your numbers are in your favor to end up million and a half in retirement. you have to do both. you are going to buy a smaller house, spend less stuff, not buy 14 coffees at $5 a piece each week. i have talked about that forever. you have to deal in reality. be i the way -- by the way, rate hikes are not finished. we may get more by the time this year is over. >> stuart: you are going to stay with me for the hour i believe. >> looking forward to it. >> stuart: gluten for punishment. -- glutton for punishment. lauren is back. >> much stronger earnings than expected, they are charging their customerses obviously higher interest rates on their loans they reported charge offs when they write it off. they are not going to get the money back. a little bit better than expected. >> stuart: that's a solid again, 11 percent, i will take that. >> the maker of craftsman and other tools they boosted their earnings guidance for the year, cost-cutting and reducing of
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their inventory. this isn't necessarily because they're selling more. in fact, while you have an 8 percent gain today, the stock is almost dead flat on the year. >> stuart: okay. tell me about roblox which is a platform. >> they got two upgrades today both truist and raymond james say buy them they are in the sweet spot to benefit from using artificial intelligence on the gaming platform. >> stuart: thank you very much. don't forget to send in your friday feedback, e-mail us comments questions and concerns. you can still get on the show today. remember when last month when the congressman pulled the fire alarm on capitol hill. new video shows he removed warning signs before he pulled the alarm. what a storstory. we have got it for you next.
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>> stuart: after three weeks the house has a speaker. lawmakers are introducing legislation to either punish or expel other members. on capitol hill chad, who are they trying to get out? >> maybe george santos, we will know more about that next week. averting government shut down and passing an aid package are on back burner. members are focused op attacking each other including a possible expulsion of santos. some want him gone. >> we have a four seat majority in the house. it is possible that number may be reduced even more in the coming weeks and months.
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we will have maybe the most ra razor thin majority in the history of congress. we have no margin for error. george santos is due due process. >> he was arraigned on new criminal charges today. the g.o.p. only has a four seat majority. that would dwindle if the house expels santos. expulsion requires a two thirds vote. the house has only expelled few members in history. -- five members in history. other republicans want to expel new york democrat jamaal bowman for pulling a false fire alarm. he accepted a plea dell yesterday. he is a former principal. >> this was his school, he would have suspended or expelled the student, and so that is exactly the type of action that we as members of congress should take. we should move forward with the censorship or expulsion. >> marjorie taylor greene wants the house to censure michigan democrat tlaib because she supported an antiisrael rally on capitol hill last week.
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democrats find that rich. >> marjory taylor greene who was removed from her committees for believing in anti-semitic conspiracy theer ris and talking about -- theortheories, she is champion of the jewish people. i say that as a jewish representative. >> the house finally has a new speaker, but all that's done is triggered more in fighting. stuart? >> stuart: why am i not surprised. thanks very much, chad. >> thank you. >> stuart: the house republicans passed a first government funding bill under the new speaker. mike johnson. a republican from wisconsin is joining me now. you passed legislation that cuts 5 billion dollars from the democrat's climate bill. so you are actually cutting spending, even though t won't go through the senate, is that correct? >> this is the first step. this is about the first time washington has ever cut spending. i'm proud to move that bill forward. spending less next year than we're going to spend this year. yes, we have to go into
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negotiations with the senate. let's start from a position of strength. strength meaning we're going to cut spending, remove all this funding for the green new deal, prioritize national security in areas like our nuclear weapons stockpile, and getting this bill across the house floor, putting us in a position to negotiate with the senate puts us in a position of strength. i think it is right thing to do. i would like to see us do more going forward. >> stuart: you are on the house financial services committee which held a hearing on iran and their involvement in funding terrorism. one witness alleged that iran has made -- i'm quoting now -- active attempts to assassinate u.s. officials. again, you're on the committee. tell me about this assassination plan. >> we have seen evidence that iran has looked to assassinate john bolton and others inside -- and former officials inside the united states. this is why the biden administration's actions to allow the transfer of 6 billion dollars from the custody of south korea to qatar for access to iran was such a disaster move. we need to make sure we're
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locking up the funds, preventing must be from going to iran, the largest state sponsor of terrorism because we know at the end of the day, as iran gains access to funds, including illicit oil sales, that the administration is looking the other way to, ultimately, these flow through to iranian backed proxies including hamas and hezbollah. this administration continues to look the other way. iran is a danger to region and national security interests to the united states of america, and this administration needs to change their policy immediately. >> stuart: i want to know more about these active attempts to kill u.s. officials. which officials? what did they do? planting bombs or shooting people? what were they doing? >> well, we -- this is a witness before us put that forward. we have had evidence as it relates to john bolton and to others, but what we know is that iran is the largest state sponsor of terrorism across the globe, and so the fact that a witness came forward and believes that they are in active hostilities towards u.s. leaders
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is not surprising. and i think what we need to do is continue to make sure that we're exploring how this administration coddles iran and lies the transfer of funds to iran which is the largest state sponsor of terrorism. >> stuart: brian steele, thank you very much for being with us this morning. always appreciate it, sir. thanks a lot. >> thank you. >> stuart: i want to bring in mr. wonderful on this. i've not got your opinions yet on our approach to iran, our attacking iranian-backed militias in syria overnight. where do you stand? >> you know, i've recently come back from that region, qatar, uae, saudi arabia, riyadh, here's what i learned, stuart, that is, you know, as i like to say different this time: those countries are so successful in growth, in economic growth right now, and this cycle, they are not interested in war. you can't get a lot of support from any of these countries now for a prolonged confrontation. that was different decades ago. they are focused on turning their economies out of just
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hydrocarbons and expanding them dramatically and with some tremendous success. if you have gone to doha and looked at what they have built there or abu dhabi which i now consider the world's capital of capital or riyadh and these massive changes, they have zero interest in a conflict mandate. so it's going to be very very hard domestically to say let's rally these people to support us with more war in that region. they are not going to do it. that's going to make this more regional. it's tragic. this whole thing going on is just a humanitarian disaster. there's no upside to this whatsoever. and the world watches and says this is just almost inhumane to either side but specific to these other countries. remember, people forget, in qatar, 45 minutes of doha is the largest u.s. air force base outside of the united states. you can't say they are not friendly. and a lot of these operations that you're seeing running right now are actually happening out of there. and the communication with the
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war, aircraft carriers and everything else, that region doesn't want the stability to end. they want to keep growing, and i think we've got to realize that here. >> stuart: good to know because i think this weekend's a real test. kevin, stay there, please. more from you later. new video shows congressman jamaal bowman ripping down warning signs before pulling the fire alarm. take us through this one, ashley. >> the video says it all. bowman activated the alarm in the office building ahead of a vote to prevent a partial government shutdown. the new york democrat has pleaded guilty to a misdemeanor charge in d.c.'s superior court, also agreed to pay $1,000 fine, write a letter of apology to capitol police. the charge by the way will be dropped after a three-month probationary period. many republicans say bowman acted intentionally, but the lawmaker insists he was in a rush, didn't pay attention, even though the alarm was clearly marked, and he actually pulled
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down signs that said as much. critics say bowman should be censured for his actions, but house minority leader accusing republicans of hypocrisy saying they regularly defend violent individuals who overran the capitol on january the 6th. i think the video says it all. >> stuart: i think it does. thanks, ash. a majority says they are falling behind on emergency savings. many feel like they never reach their savings goals. we will break down some numbers for you in a moment. riley gaines spoke at harvard university last night. hundreds of protesters were outside to protest. riley gaines will join us in one moment.
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>> stuart: mixed picture, the dow is down 60. but look at that nasdaq go. huge drop yesterday. solid gain today. up 167 which is 1.3 percent. i want to know what's going on with ford motor company because that thing is really moving today. back to 10 bucks a share. what's going -- >> a new annual low.
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two major problems the first one is the cost of labor, right? it is going up 25 percent over the next four and a half years. also the cost of making electric vehicle. they lost about $36,000 on each of the 36,000 evs that they delivered in the quarter. >> stuart: over 30,000 bucks on each ev? >> correct. >> stuart: you can't go on like that. that's why the stock is at 10 bucks a share. hasbro, way down this week, i know. >> down 12 percent yesterday. down another 3, 4 percent today. that's 17 percent in one week. of course they forecast a weak holiday. i said yesterday there doesn't seem to be an it toy. bank of america has downgraded them. it says the toy market downturn overall is happening pretty fast, but back in april, bank of america said hasbro was going to $90. then they cut the price target four different times, and it's at 53 now. >> stuart: kids don't play with toys any longer. they have devices. >> there's always a hot toy they have to try to get a lineup for a bid on. it is annoying as parents but
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kind of fun. >> stuart: do you remember cabbage patch kids? >> of course i had several. >> stuart: that was the toy of the moment 30 odd years ago. people fought over cabbage patch kids. >> that's what i'm saying. there's always a toy you have to fight over. >> stuart: did you try to get one? >> i had several. i had nice grandparents. [laughter] >> i want to disclose i have a barbie collection. okay? >> do you? >> i have a vera wang barbie still in the box. i worked at mattel for a while. i amassed giant collection of bar barbies. they are in the box. no one can touch them >> where do you keep them? >> people come over and look at them. they say will you ever part with your vera wang? >> stuart: never. we were going to talk about energy, but you took up the time. that was interesting about barbie. people falling behind on their emergency savings. come on. this is an old story. i've heard it every year for 50 year. what is this all about? ashley? >> well, they can't afford vera wang barbies, that's for sure.
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[laughter] >> the latest data from bank rate makes for disturbing reading. we have been down this road before. 38 percent of those surveyed say they are significantly behind on saving for emergencies. 22 percent say slightly behind. only 18 percent say they are ahead of their savings goals. rising prices, high household expenses are the biggest reasons for a lack of savings. the survey found that baby boomers and generation x households were more likely than millennials and generation zers have less emergency savings i found ever found that interesting all blame inflation for hurting the household budget. one last finding 13 percent said they don't think they will ever reach their goals. while 22 percent say they're not sure how long it would take. stu? >> stuart: thank you. what does that say about the economy? you're with me, aren't you? every year, i never meet my emergency savings. always the same. >> the one thing that's a positive in this story is you are starting to see higher rates
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and people are concerned about this issue. states like florida are bringing it into the mandates of education at the high school level about credit card debt and financial literacy. there is a movement to start telling people at younger ages about the perils of thinking about this. the economy is in a difficult place right now. that print this week of almost 5 percent gdp growth and 3 1/2 percent inflation against a mandate of 2 percent means the fed has no intention of bringing down rates. in fact, i think now december is back on the table for 25 basis points. we may get to 6 percent terminal rate before the end of february next year. they want 2 percent inflation. it's stuck at 3 1/2. it is not going to move because there's 2 trillion dollars coming in the chips and science act that's free money out of a helicopter and the inflation reduction act which is such an oxymoron. you print more money, you are going to get inflation. >> stuart: not good news. >> it is what it is. >> stuart: you have a half hour left. find something positive by the end of the show. [laughter] >> stuart: outkick called out the ticketing company event
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brite after they listed pro hamas events but deleted an event with riley gaines. how did even event brite respond? >> well, they actually took the hamas supporting event that was listed on their website down. if you remember, they had prohibited riley gaines from promoting an up coming speech at uc davis of keeping men out of female athletics. they said it violated the company's policy on hate speech and discrimination. it was pointed out that the very site was promoting an event called stop the genocide free palestinian in new york city. that promotion has since been taken down. before its removal, the events of october 7th were described as palestinian resistance fighters who broke through israel's siege of gaza. now, reports say event brite initially denied the pro-hamas
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listings but has not responded since the listing was removed. but it got a lot of attention. all of a sudden, it mysteriously disappeared. >> stuart: yeah right, thanks ash. riley gaines is with us right now appearing on the right hand side of our screen, ladies and gentlemen. you spoke at harvard university last night. what kind of a reception did you get? >> it's a bit disheartening to feel less welcome at a university known for its prestige than the pro-terrorist groups, people who are supporting what's happening in the middle east as it pertains to the genocide in israel. there are posters of me ripped down. of course there was protest events planned, talking about how i'm anti-trans, blah blah blah all the most silly misconceptions. outkick was there. they covered the event. they did a great job covering the event. the people that were in the room actually who came to listen, who didn't necessarily agree with me, i think they had their minds changed and their eyes opened
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because they realized my argument is not anti-trans. it is simply pro-women. it is pro fairness. it is pro reality. >> stuart: i'm with you. i have a question about next year and the olympics. the olympics are in france next year. is it possible that a biological male will compete in women's swimming at the olympics next year? >> it is not possible in swimming. but it is possible in other sports. so the route that's been taken is basically leaving each specific sport governing body to make the rules for themselves. but the ioc does have a framework in place that each sport is supposed to refer to, and the framework that the international olympic committee has in place says there is no presumption of male advantage as it pertains to athletics. they say any advantage perceived by a male is simply just that. it is perceived, unverified, and alleged. until these competitive advantages can be determined and
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proved, then they do not recommend any sort of discrimination on the basis of transgender status. there are some sports that protect their female athletes, like swimming, like track and field, like cycling now, the list goes on, but i would say majority of the sports don't protect women. >> stuart: do you favor a separate category for trans athletes? >> personally, no, i don't. there are only two sexes. why do we have to restructure our society, restructure what we know to work efficiently and effectively for a small minority of people? i believe a third category, truthfully i believe it is another category for a male to win at. it is just unnecessary. in terms of resources, finances, getting enough people to play in these events, getting enough to people watch these events, i don't think it's that realistic. >> stuart: okay. we will bring you back on the show later on another occasion. i want to talk to you more about the olympics next year. riley gaines, everyone.
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we will see you soon, i do hope. >> thank you. >> stuart: i want to get this in, u.s. forces shot down a drone targeting an american airbase in iraq. this is the 20th attack on u.s. troops in the mideast since october 17th. we will bring you more as get it. coming up, ford halting their ev push. they're postponing 12 billion dollars worth of planned ev manufacturing. they say customers are no longer willing to pay a premium. jeff flock breaks it all down next.
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the manufacturers thought. so they're backing up on dealer lots. take a look at the numbers on inventory these days. typical days of supply, about 50 or 60. that's what you get for an internal combustion vehicle. used to just call them cars. but electric vehicles, that's almost 100 days of supply. they are having to discount them. yeah, they are still selling them. the share is up to almost 8 percent right now, but they have to discount them. not surprisingly people just like stuart varney are watching their pennies and not willing to pay the premium, $45,000 for the average nonluxury car, internal combustion and for an ev, about $50,000. so the cfo of ford said yesterday on the earnings call we're losing so far this year about 3 billion with a b dollars, and it gets worse. listen. >> our ev start up incurred 1.3 billion of losses in the quarter
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reflecting continued investment in our next generation products in a more challenging market for our gen one products. we have taken out some mustang production and also slowing down several investments all tolled we have pushed about 12 billion of ev spend which includes ex, direct investment and expense -- cap ex, direct investment and expense. >> they do cost more money. cars did back in the day cost more than horses. some people wanted to stick with the horses. although the car i think did catch on. stuart? >> stuart: yes, so it did. i'm not quite sure how to respond to your last comment there, but i'm just going to move on anyway. >> thank you. >> stuart: see you later. kevin is still with us. thank god for that. [laughter] people don't want electric vehicles. >> what's happening from the investor's point of view, we have this narrative in institutional capital. musk cut his prices by 33
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percent months ago because he never had high labor costs compared to ford gm and everybody else so he was able to do this on competitive basis. that forces the price of all evs down. elon musk knows what he's doing. it is getting so unprofitable for these legacy companies to do this conversion, the ford, you know situation losing 36,000 per vehicle, this is a big big challenge now because the prices are no longer differentiated by the green mandate. people want to buy a car at x price. they don't care if it is electric, hybrid or gas. it is a price point. right now i say elon musk is going to win this fight, and ford is going to lose it until something changes. >> stuart: i think you are right. kevin, thank you very much indeed. don't go anywhere, folks. a very popular feature of this program is friday feedback, and it is next. (sfx: stone wheel crafting) ♪
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hi, i'm jason and i've lost 202 pounds on golo. so the first time i ever seen a golo advertisement, i said, "yeah, whatever. there's no way this works like this." and threw it to the side. a couple weeks later, i seen it again after getting not so pleasant news from my physician. i was 424 pounds, and my doctor was recommending weight loss surgery. to avoid the surgery, i had to make a change. so i decided to go with golo and it's changed my life. when i first started golo and taking release, my cravings, they went away. and i was so surprised. you feel that your body is working and functioning the way it should be and you feel energized. golo has improved my life in so many ways. i'm able to stand and actually make dinner. i'm able to clean my house. i'm able to do just simple tasks that a lot of people call simple, but when you're extremely heavy they're not so simple. golo is real and when you take release and follow the plan, it works.
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♪ ♪ ♪ good day sunshine ♪ ♪ good day sunshine ♪ >> stuart: we were sitting -- lauren says who sings that song? you don't know who sings that song? >> it was a joke. >> stuart: okay. it is the beatles, as you well know, a great song. we're playing the song because they're going to release their
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final song now and then, that's the name of it coming out next month including all four members of the band. listen to this. roll it. >> when we lost john, we knew that it was really over. >> i was talking to yoko and she said i think i have a tape of john. >> paul called me up and said he would like to work on now and then. he put the bass on. i put the drums on. >> it's the last song that my dad and paul and george and ringo will get to make together. >> how lucky was i to have those men in my life. >> stuart: that's the promo for this new song. not going to be leased till next month -- released till next month. kevin is with us. okay. we've been having this debate on the show who is the real goat? beatles or taylor swift? your answer is important. >> it is the beatles 100 percent. >> stuart: you are right. >> she is a newbie in the context of how long the beatles have been successful.
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>> stuart: you are so cool. i like you. >> wow. >> stuart: stay out of this. this is friday feedback. lauren, ashley, and kevin is going to play for heaven's sake. let's get started. first from matt, it is time to put the beatles versus taylor swift goat controversy to bed. anyone who was alive when the beatles came on the scene knows how their presence shook society and the culture worldwide and it could be said they change history while taylor swift is a great talent and breaking records her impact on the world is a drop in the bucket compared the beatles. goat, beatles hands down. the only thing i need to add to that is taylor swift reportedly is now a billionaire. i think she's may have more money than paul mccartney. i don't know. let's get on with this thing. sandy writes this, varney, we loved your story about restaurants charging a bad parenting fee to parents with unruly kids. we wish the cruise lines would implement that same policy. they would make a fortune. our recent cruise on royal caribbean was so unpleasant with
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1800 kids on board running everywhere, no parents in sight. do you have an opinion on bad parenting fees, kevin? >> i do actually because it does cause problems in restaurants. you go twice in a row and kids are screaming, you don't go a third time. if you are the owner, you have got to figure out how to keep the younger diner a little quieter. >> stuart: i think you are right. take them outside if they are making noise. related one comes to us from priscilla. here we go. raised seven children and never had one misbehave in a restaurant. they wouldn't dare. that tells the story. ashley, your comment, please? >> it's -- oh absolutely, four kids, they started misbehaving, one warning and then boom out we're not coming back. >> >> stuart: absolutely. >> getting back to the restaurant, have adults only, no children. cruise lines have adults only cruises. there are ways around it. >> why am i being x'd out of this? [laughter] >> what's your opinion?
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what do you have, lauren? >> because my kids do misbehave in restaurants. if we took a cruise, they would on a cruise too. >> stuart: that's a terrible admission to make. >> it's true. >> stuart: when they misbehave in a restaurant, you don't take them out? >> it matters how bad it is. i scold them publicly so it looks like i'm doing something but they don't always listen. >> there's nothing i enjoy more than a crisp chardonnay with a screaming baby beside me. >> stuart: very good. this is from kidd. if you were 40 years younger would you consider being a foreign correspondent? lauren, you want to be one? >> yeah, the reason i got into the news business is because i did want to be a war correspondent. that never happened. >> stuart: okay. >> i think it is exciting. i give trey a lot of credit. >> stuart: trey, man of the hour for sure. this is from james. stu, the jersey girl whining about her new 9:00 to 5:00 job will really be crying when her coworkers see that videos. someone cue dolly parton 9:00 to
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5:00. this is about a young lady who appeared on camera whining about having to work 9:00 to 5:00. what do you say to that >> that's the dumbest thing she could have done to herself because that's going to live in perpetuity in the digital world out there. what employer including me, that resume is going into the garbage when i see it. >> stuart: well said. >> dolly changed the lyrics to that song one point during the pandemic when we were working all day. >> did she? >> i think so. it was a joke. i think she said 5:00 to 9:00. >> not many people work 9:00 to 5:00 anymore. >> i want the weekends. if you don't come in on saturday, don't bother coming in on sunday. that's what i tell employees. >> stuart: whoa. ashley has the best hair of any male employee of fox. i'm so jealous. response, please, ash? >> i actually won best hair in nashville. i worked in nashville for 10 years, and i beat out a female
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anchor at another station. it was called the hair idol award. what can i say? it is award winning. don't hate me. >> stuart: it is in your genes, isn't it? >> it is. my father said it was so thick because the wind couldn't blow it off. >> well then. well then. i will just talk about the dome of desire over here. [laughter] >> stuart: that's good. that's really good. [laughter] moving on. this comes to us from john. stuart, what was your biggest stock loser once you started buying stock? well, i lost my shirt on what was that airline? people express? people express, i lost money on that. i lost a fortune on boeing. i did. i actually lost -- i bought it at like $400 a share. i bought it at the high. >> you recommended it to me. i'm joking. [laughter] >> stuart: what was the worst stock investment you ever made, kevin. >> you know, i remember the boeing story because it made me a huge winner one year and big loser two years later.
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executional execution lost. i hate it when stock goes to zeros, i cry like a baby. >> stuart: me too. trivia question, here it is: >> i know. >> stuart: i think i know the answer to this one. i know the background to it. we will be back with the right answer in a moment. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, .. with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights.
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stuart: we did ask what year were fund size candies created. ashley first. ashley: 1968, number one. kevin:1980, i will be right one hundred%. %. lauren: 1992. stuart: i think it's 1968. my right? stuart: mars, the maker of m&ms started smaller versions of their candy in 61, manufacturing adopted the word junior for them. i can't go on with this but they started coming out in 1968. time is up for us. coast to coast starts now. lauren: 1 of our troops in the

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