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tv   Varney Company  FOX Business  October 31, 2023 11:00am-12:00pm EDT

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>> we need a passionate message from the president of the united states, no prompter, no binder, straight to the american people saying i stand with the folks on these college campuses. it seems like because this minority group has white skin that, that we can't protect them, and that's sad many america. >> this administration wants to have it both ways because hay know the electoral problems that they're facing. they're either going to lose the the liberal jewish bloc or the radical pro-hamas bloc. they're going to have to pick one. >> what the bidens haven't figured out is appeasement is not an action. that's their problem. they need deterrence. >> we've got to change the way washington works. paying for israeli aid is very simple to do,s it will not stop israel from doing what hay need to do and, quite frankly, new irs agents are not going to help us raise revenue. >> the markets have not expected any rate hike for some time the, i don't think they're going to the raise again, not this meeting, next meeting or any if other meeting.
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stuart: good morning, everyone. it is 11 a.m. eastern time. it is october3 1st. happy halloween, everybody. big rally yesterday, a little, modest gains today. dow's up 17. show me big tech, please. moments ago all of them were down. they still are all down except for amazon which is up all of 13 cents. how about the 10- year treasury yield? where's that these days it's the at 4.85. a little bit down today. now this. every day when i walk around new york city, i see disturbed people roaming the streets. it's a very sad sight. it's the waste of a human life. somewhat dangerous, there the have been unprovoked attacks, even murders. donald trump has a plan. if he gets a second term the, he would bring back mental institutions where people could be committed involuntarily. he says and i'm quoting now, for those who are severely mentally ill and deeply disturbed, we will bring them back to mental
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institutions where hay belong with the goal of inte reintegrating them back into society once they're well enough to manage, end quote. he believes modern treatment, even if force toed, offers hope of a return the sanity. that is a bold plan and highly controversial. back in the day, these places were known for abuse and failure. they were basically ugly holding pens. some were closed. and the rules were changed so many disturbed people could not be held against hair will. civil liberties activists approve of this. committing people takes away their freedom. yes, it does. but since when is it okay for possibly dangerous people to the take over our streets? trump isn't a doctor or a psychiatrist, but he is addressing a problem that plagues us all. how different from the dithering biden administration which is wracked by internal division. they would argue forever about just who is mentally ill and how discriminatory any involuntary commitment would be.
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that's why they still roam the streets. yet again, trump has a plan, and he has the driving force to make it happen. third hour of "varney" starts right now. ♪ ♪ stuart: jimmy failla joins us here in new york city. all right, jimmy, what do you think of trump's plan for if involuntary commitment? >> well, i mean, if his goal here was to the calm down the trump hysteria, he failed -- [laughter] because they're going to go bananas over this one. make no mistake about it, we have a problem with mental illness in this country. every day you get on the train, you see a guy wearing a new york mets hat. how do you wear a mets hat in this day and age? commit guy. i know because i tour the country as a comedian, and you see this pronounced decline in the quality of life because we've just accepted that they're part of the ether now.
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but that's not empathetic, because we're not encouraging hem to improve, we're not encouraging society to get better. we're now saying, well, this would i somehow be inhumane to address this for what it is. that's why in places like california they just is keep renaming it. you don't call them homeless, you call them free range people. they have nowhere to go, okay, and they're wracked with drugs and all kinds of psychosis and mental defects, and i don't doubt on some level that some treatment would improve some of this. so we shouldn't just punt and give up. stuart: right. we should -- we can just surrender to them. >> yeah. stuart: we can't do that. we can't surrender our cities to this kind of problem. >> no. stuart and trump's got the plan. >> no, no, listen, i think until be challenged in court until the end of time, but anybody who wants to confront real issues head on deserves support for doing so because most people would rather take the careful, calculated approach to not upset anybody, but the problem
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subsists. stuart: kamala harris says president biden is very much alive and running for re-election. watch this. >> you are in the spot that that would be a natural, for you to step up. but we're hearing from doe donors that they would not naturally fall into line. why is that? >> well, first of all, i'm not going to engage in that hypothetical, because joe biden is very much alive and running for re-election. [laughter] stuart: look, jimmy, the problem that many people have is the idea of a president harris. that's the problem here. >> of course. and that was the genius move by bide when it comes to the self-preservation is. i think most presidents would have been hit by the 25th amendment by now if they were going the wrong way at the end of a speech or shaking hands with invisible people, but biden could be getting up to the podium and telling people he's "batman," they're not going to make robin president. her endorsement is getting mocked because it's ridiculous. what case case can you make for you guys running again?
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well, biden's very much alive. imagine a blind date, well, she's got a good personality. how because she look is? you like sports, she likes sports. she wouldn't just talk to the issue which is guy is a mess. stuart: you're always good. >> i am not showing up for this blind candidate with this biden fellow. stuart: wait around and wait for oz perlman to come back. dow's down 26, nasdaq's down 3, s&p up 4. in the much price movement. finish mike murphy's back with us. why no obvious market reaction to the intensifying war in i've asked this question of everybody, but what's going on? >> by that question, you mean why not a bigger selloff? stuart: yeah. >> i think, stuart, when you look at, say or, the s&p 500, we've already pulled back almost 10% over the last three months. we're down for the third straight month, down roughly%, so you've had the selloff -- # 9%. i think the markets are looking
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at this, and it's in the going to have -- where it stands right now, or it's not going to have a massive impact on corporate earnings for the large companies. talk about big tech. what goes on over there? talking strictly markets, not the loss of life and the atrocities that have happened, but as far as markets go this isn't having a massive impact. if it intensifies, you'll get that reaction that we're talking about, but as it stands right now, or it's not going to impact earnings enough to cause a major selloff. stuart: is the price of oil key to all of this? if the war expands, we take on iran directly, oil goes up $100 a barrel, 120, that's when it has market reaction, is that right in. >> possibly. but, you know, we were at 90 not too long ago. so to go from 90 to 100, i think the bigger question is if we're at war with iran, then, yes, that's -- you know, we're talking world war iii at that a point so, yes, that would have a negative impact. i don't know that we see that yet. oil going from 80 to 90 or 90 to 100 or 90 to 80, that's not
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going to derail what we have right now in the u.s. as far as earnings go. stuart: your position is you're always in stocks. you may shuffle around your hollings, but you're always in stocks. >> i am. look, stuart, three months ago i didn't tell you, hey, take all your money out, we're going to see a 9% pullback, then put all your money back in, because no can do that -- no one can do that. be in the growth company, stick with them. have your money in the market, it's the best place to be at all times. stuart: you recommend a stop loss for regular investors in buy it at 90, it goes to 100 and then you've got a stop loss in, you'll set -- sell it if it comes down to 95? would you recommend it? >> depends. now, if you're buying individual stocks, if you're a trader, someone who's going to sit there and watch and say i'm going to buy nvidia at a 90, it goes to 100, back to 95, i'll sell it, forget about 459 or 490, i want to trade for these small
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profits, great, but you're going to pay a lot of taxes on that a trading. most people who aren't staring at a computer screen all day long, they should invest their money on regular intervals, stay invested, and the biggest mistake is when you go through a 3-month period like we've just gone through and you have a lot of geopolitical concerns globally, people say i'm going to pull my money out. and then they're not there when the rally comes, and they don't know when to get back in. the biggest mistake if i see is people overtrading and trying to time the markets. stuart: stay there, please, you're with me for the hour. lauren's looking at, of all places, nvidia, down 2%. lauren: yeah, shares moments ago were at a 4-month low. nvidia has $5 billion of orders from china now in limbo because of the latest u.s. curbs on technology that goes to china. btig is saying it is the highly likely that invidia trades down to the 350s. stuart: buying opportunity, murphy? >> for sure. i think what's going on over in
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china, this can have a real impact on nvidia's business, but i wouldn't try to time a bottom. if you were watching it at 490 saying i really want to own it, you could buy on this pullback. i would rather own a larger basket, as you know. stuart toyota. lauren: they've adding 3,000 jobs at an ev battery manufacturing plant in north carolina, so it'll have 6 production lines. four of them were for hybrid vehicles. toyota's pivot hasn't been completely ev. they're going also for hybrids. that's not what the other automakers are doing. they think customers aren't fully convinced just yet. stuart: then we have wework. it's still around. lauren: it's down # 95% this year, another 10% today. they skipped interest payments on some loans back in, earlier this month, and now they're in a 77-day forbarnes with hair note holders -- forbarrens. stuart: israeli forces say they have killed a top hamas
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commander accused of directing some of the october 7th attacks. one army special forces intelligence analyst is on the ground in israel. he's fighting to get americans out of harm's way. jeremy thompson joins me next. ♪ trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop 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. trade brilliantly with schwab. this is american infrastructure. megawatts of power, rails and open road, and essential services of every kind.
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israeli soldiers now spend their fifth night inside of the gaza fence. we've heard that the fighting in one neighborhood is particularly bloody today. while israel claims they got another high value target who they describe as one of the commanders of the october 7th massacre and they say that he was a commander of the neighborhood which is in the very northern end of the gaza strip. israelis said they had antitank weapons, hamas personnel inside of the gauze a strip. we've got video of the the israeli soldiers doing the very dangerous work of going door to door clearinghouse, also bull coazers on the ground clearing the way for additional armor to come9 into the gaza strip. it's going particularly slow because urban combat is risky. you've got the added complication of hostages in the gaza strip. and one former israeli intelligence chief says israel is challenged with intelligence particularly since they withdrew from the if settlements in 2009. >> gaza is a complicated place.
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there's so many intelligence people over here in israel that really don't have a good solution for this mess of gaza. >> reporter: israel did generate enough intelligence to execute the rescue of -- by israeli elite forces. they went and got her, she was reunited with her family last night. the idf says she is providing valuable intelligence that the idf can use moving forward. to the far south of the country, a town right on the red sea, they were the target of an incoming surface to surface missail attack, it was taken out with the arrow missile system, the first time those intercepters have been used in this war. stuart? stuart: mike tobin, thank you very much, indeed. i want to bring in intelligence analyst jeremy thompson. you're on the ground in israel trying to get people out. what's the mood? >> yes, sir.
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the people of israel know that they're in a state of war it's chaos from north to south, doesn't really matter where you're at. we're getting multiple rocket attacks a day, most are intercepted, some find hair way to the ground. businesses are closing. i think there's a strategic plan by the government to only open businesses that have the ability to provide bomb shelter within 90 seconds. people flee the streets when incoming market attacks are taking place. stuart: iran's khamenei has said on several occasions that he thinks jews can be driven out ott of israel in 25 years. are they being driven out, jeremy? >> i don't think that's accurate in the moment. i think the people of israel have been at war for a number of years, and they'll adjust to their circumstances as things develop. stuart: are you involved in any way with hostage release? >> no, sir. our mission is focused on accepting requests for safe
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evacuations for americans trapped here amongst the chaos, and we're trying to find innovative ways to establish networks throughout israel to the make that happen. we've got teams in cyprus, myself here in israel, we've got other teammates here and jordan, and we're just trying to find methods of exit as this thing continues to develop and expand. what i'd like to tell you is the special operations association of america can't do this without the american people's help, and you can find us at soaa.org. stuart: how many americans want out, who still want out now in. >> yeah. so far we've been successful in evacuating over 200. we've gotten applications, i think, at the 230, 240 mark, so we're still working diligently on that. as soon as this interview's over, i'm working with another family that i spoke with last night. stuart: i won't keep you too long, but do you hear the sirens wailing frequently? >> absolutely. stuart: do you hear explosions
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where you are? it happens? >> absolutely. yes, sir. i've got multiple recordings of myrrh between 10, 15 explosions at a time, and hay seem to come from all directions. stuart: so the iron dome doesn't work 100%. some of the rockets get through. >> that's an accurate statement, but i would say it's more than 95%. stuart: well, that sounds like a good percentage. it really is. jeremy thompson, thanks very much for being with us this morning. now, i know you have to leave us to go and help another family get out of israel, and we appreciate growing being here at all. thank you, jeremy. >> thank you, sir. stuart: next case, the house and the senate don't seem to be united on passing a stand-alone aid bill for israel. what's going on? lauren: there's a division among republicans. the house gop released a $14.3 billion stand-alone measure just for israel, but mitch mcconnell, the republican leader in the senate, wants to tie the israel aid with aid for ukraine, and senator rand paul says mitch mcconnell is
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undercutting new house peeker mike johnson. watch. >> we all saw the difficult position to win the speaker's race over there, and to win it, you've bot to keep your coalition together on what you do. i think the speaker's smart to separate out the israeli aid, also, frankly, smart to actually pay for it by taking money from somewhere else in the budget. i think it's very popular with the conservative base at home, and the speaker's made the right decision. >> reporter: -- undercutting speaker johnson's position? >> i think he's attempting to. lauren yesterday mitch mcconnell met with the ukraine ambassador to the u.s. at the university of louisville. i saw that and said, hmm, he's not going to tie the two, the two causes together in an aid package. stuart: that's a real conflict will. lauren, we showed our viewers briefly earlier protesters disrupted the blinken hearings on capitol hill. take us through the what happened. lauren: hay called secretary of state blinken a murderer with
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blood on their hands. they painted their hands red. ten individuals shouted things like this -- [inaudible conversations] >> from palestine to mexico, all the walls have got to go! [inaudible conversations] ceasefire now! ceasefire now! lauren: you are funding genocide. okay, they left solen that tearily, not removed by police. we showed you earlier in the show ohs were escorted out by police, but you just noticed, they brought up the border with mexico into their chants there. stuart: all the walls have got to go from mexico -- lauren: from palestine to mexico. what kind of world do they want to live in? out inner. stuart: not mine. thanks so much, lauren. president biden just announced a $1.3 billion plan to upgrade america's electric grid. is that enough money?
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hillary vaughn reports. we're also talking to allysia finley. she wrote that "wall street journal" piece about ev bailouts. does she think biden can go carbon-free by 2035? we'll break it all down for you next. ♪ ♪ ♪(romantic music)♪ (♪) (♪) (♪)
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stuart: with the markets showing little price change, the dow is up, what -- the. [laughter] what is that,s .27some not percent, but points. not much movement. murphy's back. he's got his stock picks for us, and he's going to start with sofi technologieses. what's so great about it? >> sofi's had a selloff from highs from about 32 year years ago -- 2 years ago. that handles student loans, they handle a lot of finances for younger people. and i think that they have a big future. market cap here is about $7 billion. they have great leadership running the company, their ceo. so i think as fin-tech starts to turn and banks start to turn and you start to see momentum, i think this is a name that can really start to move because they're going to get to cash flow positive. they're going to be generating profits, and i think they've really become the go-to for a
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lot of the younger people in the country. stuart: and is you do not have a piece of that. >> i do not. stuart: apple. not like you to recommend a company like apple. >> here's what's happening, again, apple has had this big selloffs, and they talked about what they're doing as far as new macbooks go. then this morning i had an e-mail from apple, and they're raising the price of the family music plan. they're also raising the plan of their -- price of their storage plan. one thing people are missing on apple is this moat heavy created. i'm not leaving apple anytime soon, and i think a lot of people aren't. the services part of their business is going to be generating profits for them for a very long time. stuart: long term, it's a good buy at $169. >> absolutely. stuart: case closed. thanks very much, mike. president biden is pouring billions into his green agenda, we all know that. hillary vaughn joins us now. despite this, his administration says it's still not enough. >> reporter: that's right, stuart. the department of energy
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announcing $1.3 billion to go towards building three new power lines across six states, but still to accommodate president biden's plan to go 100% clean energy by 2035 the electric are grid is estimated to need to double in size to accommodate that. so this grid expansion of three large power lines is just a tiny part of what will be a larger problem, how to get the grid to handle more wind and solar power. energy secretary jennifer granholm admitting we will have to double our entire grid capacity to handle it all, and the push to make all cars electric is just going to be another large burden on the grid. this as companies like ford and gm have pushed off some planned billion dollar investments in electric as even a with government subsidies for electric cars, making them is not making a profit. some experts say it will not pay off. >> you're counting on the too big to fail strategy. it's not just the car companies,
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it's utilities as well. many companies have gone deep into this green stuff. t it's very expensive, it's not profitable, and ask and everyone thinks that the government has them covered. and they're going to the find out that, you know, if we get a decent republican congress and executive, they're going to find out that's just not so, and it's going to be a real problem. >> reporter: so taxpayers might need to be bracing for a bailout if car companies cannot figure out how to make a profit off of making electric cars and the government subsidies start to taper off. there also is a big concern that, ultimately, these companies -- or the government is propping up artificially this electric car fleet which is just not profitable, and we saw this year ford say that they've already lost $3 billion in making electric cars. stuart? stuart: thanks, hillary. going to have more on the e are v possible bailout just in a moment, but first, let's bring in allysia finley with "the wall street journal." biden's goal is the complete
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conversion to a carbon-free energy sector for by 2035. can he do it? >> i think it's virtually impossible, and you're already seeing the problems develop in california and texas where you have blackouts or there are threats of blackouts, actually, in texas this year there were 16 days where there were threats of blackouts. the only way they were able to aa void them was basically by ordering industrial company as, so like refiners or manufacturers, to stop consumerring -- consuming energy which means throttling back operations. stuart: so it can't make those -- meet those goals -- >> i don't think that's even controvert. stuart: so what happens? >> i think they're going to inevitably end up postponing or delaying them. but in the meantime, we're going to have to pay higher energy costs, and you're seeing that alreadyif you look at the cpi or report. you see a big uptick in electricity costs. it's been particularly acute in the places like california and
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texas, but it's nationwide electricity prices are just soaring. stuart: that's true. now, you wrote that headline in the "wall street journal" about warning people to brace for wind and ev bailouts. are you convinced that a bailout is going to be required for the car companies because of their evs? >> well, i it'll depend on -- wo wins the election in 2024. i think if a republican president or republican wins the election, they'll reduce the ev mandates which are really fuel economy standards, and these are actually back door ev mandates and pull this clean air act waiver that california has to set its own standards: but if biden wins re-election or if it's gavin new. >> or kamala harris, whoever, if they maintain these standards the, yes. i'm convinced there will have to be some kind of bailout. ford got a $9 billion loan guarantee. people wouldn't describe that as a bailout, but i would say it's
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a rescue of another kind. stuart: with electricity prices soaring and ev demand falling and bailouts possible, i just don't see the votes being there for biden's green energy policy. are they there? i don't think so. >> well, climate is not actually very popular issue, and it's the actually becoming a big issue in the senate elections next week. the ev mandate, virginia, the democrats actually had previously tie their standards to california's, and so some of these actually swing district cases -- races in virginia, the senate races, are actually hinging or one of the campaign issues is let's repeal the ev mandate that we're tied to. and so i think this is going to be a very potent issue nationwide. stuart: not just in america, all around the world voters are questioning green policy. i have relatives in new zealand which just went through an election where a far-right candidate took power because of the imposition of climate standards by the previous labour
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government. this is happening all over the place. >> it's not only new zealand, you bring up new zealand, they tried to actually tax cows -- stuart: yes. >> -- and meat. stuart: yes. >> they tried to the pull that back right before the election because they realized that it was so politically unpalatable, but that's essentially where the left wants the go. and if you actually read what they're saying or listen to them, that's what they're saying. stuart: it was the same the netherlands, the the farmers, a party of farmers came from nowhere to take a substantial position in the netherlands' council. i think it's happening there as well. and the issue is always cows, flatulence and cows burping. new zealand is essentially an agricultural society, and they're trying to impose lower herd sizes for climate reasons. >> it's interesting -- stuart: we run a dairy farm out there. what are we going to dosome. >> california, interestingly, california's actually trying to do the same, and actually what's happening is the dairy farmers are, you know, actually shutting down, moving the other states because of that.
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stuart: you're on top of this, and it's great to hear. come back and see us soon, we'd like a progress report on the anti-climate movement. we love it. thanks. coming up, a majority of middle class americans are more worried about the state of the economy thousand than they were a year ago, and the fed's interest rate hikes are a driving factor. president biden a taking aim at junk fees used by retirement advisers. he wants to close loopholes that create what he thinks are added costs. gerri willis on that next. ♪ (♪)
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stuart: president biden taking aim at junk fees being used by retirement advisorses. gerri willis has this story. my question is, what would you really like to see done with
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these fees? >> reporter: what they really need to do is get rid of this esg role which actually lets the administration sort of choose the investments that you can make. if you're going to make me responsible for my retirement, don't shackle me. let me invest in whatever i want. that's my die time. stuart: what's the president going to do? -- my die triep -- diatribe. >> look, financial advisers in the crossroads of the biden administration which says it's cracking down on junk fees charged by retirement planners and raising investor protections as the white house turns to dealing with a raft of financial issues this week. a key part of the reform, forcing sellers of insurance products including annuities to observe the same standard of care required by licensed financial advisers, that according to the president's national economic adviser lyle braynard. now, this may come as cold comfort to to boomers who are still struggling to get their 401(k) balance back to pre-covid balance. the average balance is $220,900,
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that's as of the end of june last summer, now $249,700 they had saved can -- sorry, that's back at the end of 2021. so we are lower thousand, two years later. it may take more than just getting rid of junk fees to right the retirement boat. listen. >> from three years ago, if you'd been aiming for retirement savings of, let's say, $500,000, in today's climate with higher prices, you need more like $600,000. in three years you need another 100 grand to have the same purchasing power. so inflation has very much eaten away at people's savings. >> reporter: "forbes" now says the average pre-retiree is $470,000 short of what they these to retire comfortably. another cost hit by inflation, health care. medicare premiums for both parts a and b are on the rise, retirees consistently underestimate the amount of money they will need to pay medical bills. relying on uncle sam, let me tell you, is becoming more of a
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gamble as the cbo estimates the social security trust fund will be broke by 2033 when the medicare's hospital insurance trust fund will also be tapped out -- lauren: breath of fresh air. stuart: happy halloween, gerri. [laughter] what do you think of e -- esg? >> i think pushing esg investments has no place in anyone's portfolio, unless you want it. you should have the freedom to invest anywhere you like. stuart: which was the wall street titan who was pushing this because he wanted to be treasury secretary? >> blackrock. stuart: thank you very much, indeed. good stuff. all right. thanks, everybody. now then, wait for it, last hour mentalist oz perlman joined our program. he managed to trick lauren, todd and myself. now it's murphy's turn. he'll be back with us on set after this. ♪ he did the mash, he did the monster mash.
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♪ it was a graveyard smash. ♪ he did the mash ♪
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♪ ♪ very superstitious, writing's
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on the wall. stuart: superstition by stevie wonder, that's a live look at new york city. lauren: it looks orange. stuart: 51 degrees on this halloween. tough on the kids, but they don't care. [laughter] oz pearlman is back with us. welcome back. >> thank you. round two. mike murphy just showed up. stuart what are you doing for us this time? i have four kids, six kids, any kids? lauren: three. >> we're adding this up, there's going to be a whole lot of sugar consumed, and i love shows like this where we discuss financial literacy. my 7-year-old, we were discussing the magic of compounded interest. i said if i give you, you know what? i give you $1 today or i give you $1,000, how much is that? 999 pluses 1ing -- [laughter] here's the trade, tomorrow you give me the dollar back, i give you $2. double it every day, and i'll do that for two weeks. he says, i want the $1,000. you're wrong. in 2 weeks you'd have $8,192.
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and in a month you'd be a billionaire. and a week later, get out of my way, elon musk, you're the richest person in the world. speaking of numbers, i said $8, 192, random numbers. 4-digit numbers, lauren, what have you got? lauren: the one -- you want me to tell you it? >> yes. >> 6,071 -- 6,771. lauren: yes. >> another one, what have you got for me? >> 7173. >> random. is there a rhyme or reason? >> completely random. >> all right. let's say we were going to invest $6771, and i like how mike murphy says bigger is better. [laughter] what would happen with these investments over time, and thousand we need a sector. stuart, if we were to have them each pick a sock the, maybe i could know where their minds would go. but i want this to be random. you have no idea what you're
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going to do right now, do you? absolutely none. i don't want you to look. look away for a moment. we're going to start with sectors, everybody, these cards, and then we're going to also let one sector and each sector that you're going to see, i wanted to show the camera here, you're going to see all different sectors, and i'm going to have you read some of these off. lauren: good industry, media, energy, retail, shipping, tourism. agriculture. chemicals. >> are they all different? is there 50 of them? if you could, mike, pass those over. stuart, you can open your eyes. put them in your hands face down so you can't see. take them in your hands, and what i want you to do is spread about half into each hand, spread about half, whatever feels right. in each hand and hold each pilae in your hands and feel back and forth, whatever feels right, and whichever one you want to get rid of, throw it over your shoulder, gone. stuart, spread them between, just spread them out and take the about half in each hand
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again. feel. notice he did the right hand. so he's saying, do i do that again? is that what oz wants me to do? oz knows, or do i go left hand? i bet he's going to do the right hand again, mike, but now that i said that, what happens? throw away either pile. oh, due che, my friend. [laughter] here's where this gets good. you probably have about a dozen. spread them between your hands, i'm guessing you have about 15 or so sectors. every single one is different. many a moment you're going to be picking a sector, and it's going to be a company within that sector. i want you to give the pact a cut like in a casino and put other're peat if -- piece on top of the other. the does that feel right at moment? i'm coming over. are you sure you want this exact card, or do you want to cut somewhere else? stuart: i want that one. >> close to your body, no camera, throw the rest over your shoulder, get rid of them. stuart, your going to look down at that card, and you're going to see a sector, one sector within the chi and a stock, or a company within that sector.
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don't let anyone else see it. you got it? stuart: yep. >> crush it into a ball. throw it over your shoulder. lauren: any shoulder? >> any shoulder, stuart. all right -- >> [inaudible] >> just throw it. stuart: i couldn't remember. [laughter] >> don't tell me. stuart: got it. >> okay. i'm remembering the sectors. try not to react. tourism, he said 51 degrees? too cold. i don't think it's tourism. i don't think it's big tech. i think you're bullish on this sector. be honest, there's nothing set up, close your eyes. keep your eyes closed, keep your eyes closed, everybody sees that. open your eyes. what sector did you pick? tell us the sector. >> stuart: pharmaceuticals. >> when i said tourism, i didn't get enough caffeine, were you thinking starbucks?
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lauren: stop it. i was originally thinking ab i have which is pharma. >> i wrote pharma, and held on, tell us all, tell us all what company, i want to know, say the company. stuart: eli lilly. >> notice, folks, i told my son that when we invest a dollar, you have to invest in the right things for it to grow, and what i wrote town on the back of this bill before we started was eli lilly. [laughter] stuart: oh, that's incredible. >> to be a very savvy investor, stuart, you need to look at every company from every possible direction. be honest, you made this number ran adopt. swear to god, i did not tell you. 6771, 7171. remember that. 6771, look at eli lilly because every possible direction is 6771, 7 is173. [laughter]
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stuart: jeez. whoa, that -- [applause] fantastic. absolutely fantastic. you blew us away. are you going to tell us how you do it? lauren: what was my original number? >> i have no idea. i like how this is like netflix, the on-demand feature. what did i think first? stuart: you don't read people's minds, you say you read people. how could you possibly figure out i was looking at pharmaceuticals and eli lilly? stuart: lauren: how'd grow know i thought of starbucks? >> that's the question. mike murphy hasn't blinked in four minutes. [laughter] i'm leaving you wanting more. that's how you do it, the magic of compounded interest. eli lilly, or i'm not bullish or bearish, but we're investing that money in a 529. stuart: that was fantastic. stay with us for just a moment. >> sure. stuart: i've just got to continue the show and see what we're doing.
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it's time for the tuesday trivia question. what is the most popular halloween candy? skittles? m m&ms? sour patch kids or reese's peanut butter cups? oz is going to guess -- no, oz isn't going to guess, oz to knows. [laughter] when we come back. ♪ you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach .. t. rowe price, invest with confidence. this is spring semester at over 13,000 us school districts, which have become top targets for ransomware attacks. but there's never been a reported ransomware attack on a chromebook. which is why thousands of schools like the fairfield-suisun unified school district switched to google tools for education.
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stuart: this is one of the most fun shows we've ever put on the year thanks to oz perlman. what is the most popular halloween candy? since you know everything, don't guess, you know. what your 's your choice? you have a choice. skittles, m&ms, reese's peanut butter cups. >> i don't know, you know. it is number 4, reese's peanut butter cups. lauren: i was going to say the same. >> i was going to say m&ms. stuart: i think it is reese's peanut butter cups. i am pretty sure. you didn't see it in my face. >> skittles appeared and he called me a demon and ran off
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camera, skittles all day at that point. stuart: peanuts are the worst. lauren: peanut -- pennies are the worst. of the when you can't afford to be wrong the. you can't fault it. you have to be right every time. >> i know what people think before they think. how do you know it? how many grandkids do you have? you can tell when they are telling the truth. if you take that stronger and stronger, that helped my daughter as a teenager. i'm hanging out with rachel. who is that? stuart: you could have quite a life. you perform around the world? >> i do, in the us and i like to be home. but go to the mentalist on social. stuart: that was terrific, thank you very much. thanks for playing along with this. "varney and company" is done for the day. coast to coast starts now.

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