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tv   Cavuto Coast to Coast  FOX Business  November 10, 2023 12:00pm-1:00pm EST

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go ahead. ashley: i don't know. i go with roosevelt, number one. lauren: i will go with teddy roosevelt. neil: will go teddy roosevelt. lauren: we all agree. stuart: thomas jefferson. where did the buzzer come from? we got it wrong. to billion, $2 bills, how to come you never see them. that is what happens. "varney and company" will now gracefully exit, i will count you down to the start of coast-to-coast. 3, 2, one, go.
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neil: the israeli pause is not reflecting to market buying pause that is resuming. those for our fighting pauses and gaza, does not mean things are more peaceful as investors are stepping back in the stocks after yesterday after drumming but that doesn't mean either. glad to have you, neil cavuto. no rest for the weary. doesn't trey yingst know it with expanding war and worries about what could happen this weekend. >> reporter: the war is raging behind us in the gaza strip. we know the israelis have lost 38 soldiers since the ground operation began. the focus according to israeli officials is three hospitals in northern gaza where they say there are hamas fighters inside
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along with civilian patient complicating the battlefield. we were on a call with an israeli monetary spokesman who said the israelis understand how complicated this is and they are engaging in the rules of war but this is critical to think about. thousands of palestinians in the northern part of the strip caught in the crossfire. yesterday 80,000 headed south amid warnings from the idf to get out of the line of fire, not to say the evaluation court or through the middle of gaza and on the key coastal road having civilians ample opportunity to get out of harm's way. we will note the israelis say they were able to target more members from hamas's forces, these are the forces that came in on october 7th and slaughtered so many innocent people. they are at the top of the list of the israelis on the agenda as they operate in gaza. also on that agenda trying to rescue the hostages being held inside gaza.
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neil: be safe. trey yingst in the middle of that. a retired navy seal commander, seal team 6 member. let me ask about other signs of escalation involving iran and attacks on us soldiers, we do respond but usually hitting some sort of group that gets money from iran, but never iran itself and attacks continue. what do you make of it? >> our responses have been anemic at best. air and needs to understand we are operating from a position of strength. i don't advocate internal borders by iran. we should advocate for regime change, economically strangle iran, put sanctions back on, but the people in iran will rise up. we don't want to give them a
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reason to nationalize this theme of hating the us. they hate the regime. let them do that but everything outside of iran should be fair game and there's plenty of it. neil: you are the war expert, i'm not. they know that we don't want to extend this conflict but potentially push us into world war iii, they will do what they are doing. when it comes to financial action they are sitting on $20 billion as we speak. that's in their hands. can't be frozen because we've got it. what do we do? >> the sanctions worked before, go talk to allies and say if you are buying oil, oil is a big piece for them. if you are buying oil for them we will do it. if they send out naval ships outside the territory, sink them. if they sent attack ships, sink them. we have the embargo in the 80s, they have headquarters in syria. hit things that are directly
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connected to iran and they will understand we are not messing around. neil: back to these for our daily pauses that were kind of agreed to. no guarantee you will continue to agree to it, real concerned it's going to offer opportunities to hamas. what do you think of that, forcing his hand on this issue. >> this is reminiscent of going back to the yom kippur war mckesson's are saying please stop, hold off. israel was not the aggressor. the rest of the world saying you need to stop is so far out of line and i'm afraid the us will continue down this and try to go and it becomes political and the us will back off and i don't think netanyahu minds, he's going to continue.
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neil: i just saw that movie. i had forgotten about that. we have a long history of standing by israel, responding to terror attacks, that was outright war. our patience is thin. you could make an argument that hamas is winning this pr war. does that make a difference? >> i think it does but it has to be in israel's calculus. if they had done the work they should have done they knew the war was against them. the united nations has been against them for years, disproportionately to anybody else, looking at how is ukraine getting attention in what it is doing and we are not. the support hasn't waned so there's this anti-semitic piece that shows itself throughout the world and israel knows it
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is there. doesn't mean they are going to stop. they will levy heavy demands if they will back off and one of those is all the hostages back without a doubt. neil: knowing there are 260 hostages, you begin to wonder, hamas not turning moreover indicates maybe those hostages aren't alive. >> you have to think beyond that, what happens in the future? israel knows it's going to be another year or two, they are going to be attacked again, from hezbollah or hamas. they've got to end this piece with hamas and then turn in hezbollah if they didn't demonstrate it enough, we will punish you as well. neil: you always step back and look at it.
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you are the genuine article. retired navy seal, special elite group. if that were me i wouldn't do that all the time. good thing it is not me and a good thing we have someone like brian brenberg around. is a great anchor and reporter, great professor. we decided to put him in the middle of a protest but when he learned, i'm getting a bunch of emails and texts. just to see what a palestinian protest would be but i morphed it into something different. brian: i want to do to hear what younger people had to say. we are hearing about their interests in being behind palestine. how do they articulate that? what do they say? what is fascinating is how hard it was to get a chance to speak to those young people in the
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reason is there were clearly handlers in that group. there were people watching out and you approach one of those young supporters, protesters and want to ask, they get ushered away. this handler would come next to you. my inclination is why can't i talk to them? i want to hear what they to say. it was fascinating because that person wouldn't look at me. wouldn't talk to me. wouldn't acknowledge me. it was like i'm not going to even pretend you are here. what i saw from that, it was a protest where they wanted those young supporters to be seen. they were not interested in them articulating a case. neil: who are the handlers? brian: i don't know. neil: any connection to the institution? brian: i don't think so. they seem like pros to me. we had an opportunity to talk
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to a young woman and this older gentleman kind of swoops in and pushes her aside and all of a sudden, it became an event unto itself. make an example of the guy asking questions. the character of this is so interesting. we are told there is a deep humanitarian issue and people are resonating with it. i don't hear from them because i don't think the folks, whoever is behind this don't want you to know that. brian: neil: we have a number of exchanges, we can look at that. >> the amount of tragedy palestine is facing, because of the israeli government and tax dollars, really scary and i don't like it. >> reporter: is that possible for hamas to free the hostages who are in gaza? >> they have tried.
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hamas has tried to free the hostages. you are calling the hamas terrorists, some would call them terrorists, you call them freedom fighters. >> right. brian: is that is what i was explaining. that young woman had an interesting point of view, more moderate point of view. that fellow came in and moved her out of the way and he had -- lauren: 1 see a professor? he looked older. brian: i don't know. he was very aggressive and wanted to make a scene. that's what is sad about this. some of the younger people i talked to off-camera before anyone could get to me what they said as i don't like what hamas did but i feel for the palestinians. that strikes me as a more moderate position than you are getting in the streets as the march moved along, it went from free palestine as a message to intifada, revolution. it became a more severe message
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as the character of the crowd changed. i get nervous about college students getting roped into this. are they being used for the visual? are they being led into something they don't understand? the only conclusion is they don't understand what the organizers are trying to do. neil: i watched that live and one of the things that stood out to me was you could have fought fire with fire but clearly shocked that in the end he was likening hamas to freedom fighters and either oblivious or ignorant or not talk about what started this on october 7th. that begs the next question, do they know what happened october 7th? did they accept that this all started with that? brian: the strong it impression is october 7th is the thing you are not supposed to talk about.
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let's just start with october 7th. the response i got is why are you asking about that? what about october 8th? what about october 9th? what about october 10th? it goes on like that. that individual said israel doesn't want the hostages back. really? do you think they are not interested in getting them back? if that's where the conversation is going, there's no common plane of reality. the conversation almost falls apart and it becomes a chant and that is all. it is the chant, the chant, the chant. neil: when i watch these protests i noticed that they are not afraid to call them rallies on behalf of hamas. did you see anyone there? that older gentleman just saying this is a hamas rally, doing this on behalf of hamas.
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brian: i didn't hear those words in the chants, but as i talked to the individual and others what was clear to me is the idea of freedom fighter or liberator and hamas being that and maybe you don't like every part of that but that is what is required. that is what came out. . 20 there was no distinction. palestinian morphed into hamas. brian: no recognition that hamas is behind the challenges that palestinians face. that's where the conversation out to be. that's where young people might be willing to take it but i don't see them having a voice other than the voice the joins the other a chorus of chants. that's a motion. neil: what is remarkable, not to belabor the point but when you talk about the biden/palestinians, reminding them hamas has been in control
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of gaza for two decades, they refused to believe that. i don't know where to go. brian: you should start their. you can't start there, you can't get more. neil: "the big money show," brian brenberg, stays very calm, don't know if i could stay so calm. he's coming up in 45 minutes. the latest, looks like a comeback rally from yesterday, would have been a 9-day winning streak. there are a lot of caveats to all this, a lot of interest rate that comes down, bitcoin is on fire. we don't how to interpret that but we will try, next. kevin, where are you?! kevin?!?!?.... hey, what's going on? i'm right here! i was busy cashbacking for the holidays with chase freedom unlimited. you know i can't believe you lost another kevin. it's a holiday tradition! earn big time with chase freedom unlimited. how do you cashback? chase. make more of what's yours.
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>> if it becomes appropriate to take the policy further, we will not hesitate to do so. we will continue to move carefully, however, allowing us to address the risk of being misled by a few good months of data and the risk of over tightening. neil: it is an uncanny develop in. whenever jerome powell speaks, that idea of this notions that he advanced, we are not necessarily done taking rates. we are there to do it. j woods, chief global
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strategist, former executive is on the floor of the big board, always good to see you. whatever the markets were fidgeting about yesterday, not as much today. what's the justified reaction yesterday or today? >> let's put yesterday in perspective, powell said the same thing you said a week ago and we sold off, brokered a winning streak. i'm getting calls that powell broke the winning streak. it is all over. we gave back a little bit. we are back on track today. the fact we had a rally in the last 8 to nine days come and didn't give much back except the small caps says a lot about the resiliency of this market and sentiment has turned. it almost turned with the calendar. we talked about it, november 2nd strongest month of the year playing true to form. a little pool back is expected and the fact we are rallying
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between a 50 day moving average or one hundred day moving average this is healthy and positive. neil: what is remarkable is this market and the war going on in israel and the five weeks or so we see it the markets are higher than when it started. you might have been able to see that. it is nothing like 50 years ago yom kippur war where everything cascaded south. none of that is going on. the markets right to be reacting to this and putting it in context? or are they ignoring something perilous? >> reporter: i don't think they are ignoring it. the reaction was to the october 7th attacks and what could happen. when you are uncertain. as soon as they rolled into gaza, we've been rallying ever since. hard to say, oil prices are at
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the lowest levels in some time. there was more fear of what could happen and there still is that fear. we know there are coordinated strikes in syria. if we are getting a tax, we are fighting back and do a get precision lee. that is okay. if it escalates to something bigger we will revisit that narrative because we will have a knee-jerk reaction off of anymore escalation. that's the concern but it seems to be under control. not everyone likes the way it is being coordinated but it isn't budging at all. neil: you mention lower oil prices. a bear could look at that develop into and say the oil market is telling us it is a slowdown. be careful what you wish for and that led to keeping interest rates in and out of 4. 5%. what do you make of that argument? be careful of a slowdown?
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>> the slowdown is not a bad thing. it has gone too far too fast. we got to the 5% threshold and pulled back around 4.5. that has been the catalyst. it isn't just jay powell talking. we are watching rates carefully. mortgage rates have backed off of the ridiculous 8% level. you could put a headline, mortgage rates have fallen the biggest percentage in years. we know that's a false narrative but it is a fact. things are pulling back, trying to see if we can hold these numbers and rates go lower. the way the equity market is reacting the way they reacted through bad news, the leadership we are seeing, look at the new high award, microsoft at an all-time high, that is as bullish as you can get. apple negative news on the china outlook, an intermediate downtrend, looking to go to new highs. meta, new highs which we are seeing a broadening but the
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leadership that led the first half of the year, those other six stocks rising on the shoulders of those giants and despite the other effects of lower oil, inflationary concerns, the stocks take as higher into the next six weeks to the end of the year and that is what we are focusing on. what has me concerned, the russell didn't follow through. a little bit of a pool back, i would like to see the rally broaden but stocks that are leading are the ones we need to lead if we are going to see the s&p break above 4400 and maybe test new highs by the end of the year. neil: small-cap stocks have not joined the party. j woods, have a safe weekend. we have a lot more coming up. you know him as lieutenant dan enforced got. we will get to that. we remember now more for what he is doing for veterans. he has never forgotten throughout his life, doing so
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you can't buy great conversations or moments that matter, but you can invest in them.
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at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. >> i'm gary sinise. you may recognize me from movies or television my life's mission is to honor and support nations veterans, service men and women, most severely wounded heroes, families of our fallen and those suffering invisible wounds of war.
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neil: a most character he played was lieutenant dan, crusty guy with a big heart. gary sinise is that guy. those who sacrificed so much, last so much. that movie was made a gazillion years ago. he is here, the gary sinise foundation, what he is trying to do this veterans day. how are you doing? >> i feel a gazillion years old here. neil: you and me both. i always wonder, i know the good you are doing. the thanks on the soldiers and their families and everyone else. when did this start? was it post the movie, for the movie? you set up something that is
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like a charitable cottage industry. >> i think there were steps along the way, things that happened years ago. veterans are my family, working with veterans in the 80s in chicago trying to support them, playing lieutenant dan in the 90s, getting involved with our wounded men. what happened on september 11th turned me toward service to those who were deploying and reaction to that terrible tragedy. that -- there was a chapter in my book called turning point, that was a big turning point for me. everything in the 80s, 90s and the family association was teeing me up for something that happened after september 11, 2001. then i started raising my hand and supporting where i could and supporting many military
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and first responder charities and i started my own and that was launched in 2011 and we are in our 13th year, a big staff operating all over the world and doing things all over the country, we are about to give away our 89th specially adapted smart technology home to our wounded in the san diego area. i was playing at fort campbell last night for the troops and we go to las vegas our salute to the troops in partnership with american airlines tomorrow. adam: we know without gary, and and we have the support there, a lot of hard work, doing it
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for a good purpose, families appreciate that. just to keep up with the demand they suffered so much. >> there will always be a demand and necessity to the men and women who serve the country, we should all do our part to make sure they know they are appreciated. some have given, some have lost loved ones. what happened in afghanistan, we have afghanistan veterans struggling, mental wellness services to address those needs and a big housing problem with homeless veterans out there, veterans transitioning out of the military and civilian sector and those transitions
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can be difficult and challenging. we have a bridge for those families and how appreciated they are, to the vietnam veterans who did not get the services and support they deserve the that they came home. after september, they started deploying, they knew somebody like me was paying attention and honoring our veterans, for me, every day, they know they are appreciated. neil: the backdrop is this war
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going on in israel. a lot of concern about attacks on american troops, more than 50 of them so always the potential of future veteran soldiers who are involved in that. what is there move when you talk to them? what is there move now? you talked about the feeling after the vietnam war but how do you sense it now? neil: you go to military bases, people who are currently active duty, they are doing their jobs. they are doing their jobs, get their orders from their commanders and they serve the mission. i find they are no less committed to doing that now whenever. sign up for the military, you want to be there. we have all volunteer military.
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they sign up voluntarily to do it. we don't have a draft. people are still committed. i know there's a recruitment problem. that something they continue to address in all services. our job is to provide support to first responders, their families, our military, active-duty. and i wrote a book called not too many years ago. called grateful american, journey from self to service, tracking how active work manifested itself into giving back, multiple charities, multiple causes one can pick. and vietnam veterans when they come home from war. they start deployed to afghanistan and iraq, felt that
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was a place i could deploy my efforts and try to make a difference and that is what we do, the 89th home -- >> all these values and everything you espouse right now, those on the left like you and i'll it would, those on the right like you in hollywood, you don't put politics -- one of the few people in that community transcends that, who likes you. neil: we all want to be liked. neil: go ahead. >> of given up on that. neil: it is what it is. >> i try to do what i think is right.
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i think it is right to make sure men and women who serve our country and communities, we appreciate them. running into a fire to save somebody or pull somebody out of a burning car or trying to defend our nation overseas, they deserve to know that the country is paying attention and we appreciate the difficulties and challenges our military families can go through. we have an event where we take a thousand children who lost a parent in military service to disney world for a four or five day event, and 350 families for first responders. we want families to know their sacrifices are not unnoticed, not forgotten. we want to do what we can to
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help them through. there is a lot to do supporting veterans and first responders which i'm trying to do a little bit. neil: a lot more than a little bit. if you don't mind, i will respond to my e-mails and say i know gary sinise, just came on my show. we will see how that goes. thank you for everything you are doing. a lot of people are lifted up by it. thank you for what you are doing. >> i appreciate that. to all our veterans, god bless you. thank you for serving our country. neil: stay with us. a lot more after this. meet the traveling trio. the thrill seeker. the soul searcher. and - ahoy! it's the explorer! each helping to protect their money with chase. woah, a lost card isn't keeping
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adam: joe manchin will not be running for reelection, stepping down from the senate. he is not indicator what you wants to do. a lot of people think run for president, third-party. thought we would check in with his former top aide, capital counsel llc partner. maybe you know what is he going to do now? >> i worked for him most days i didn't know what we he was going to do. i take him at his word. he says he's going to go around the country, try to galvanize the moderate middle that he thinks exist, the 70% of americans not on the fringes, who are on twitter, don't care about partisan politics and want to get stuff done and talk to them. neil: what is happening to those who espouse the modern
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view, running for reelection in utah, and joe manchin, they are leaving frustrated. they are former governors always want to get a deal done. there was a caucus, lamar alexander led it. it turned into a therapy session about how that is in congress but how great it was when they were governors but i think it's a dying breed in washington but a growing majority outside washington. outside the beltway, talking with executive, they are beholden to people. they can't kick the down, the one gimmick and figure it out later. that's where the dealmakers, mitt romney and joe manchin, lisa murkowski and people like that who want to get stuff done, finding it harder and
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harder. neil: let me get your take where the parties are especially the presidential candidates, donald trump's party when it comes to republicans, president biden's party when it comes to democrats, the establishment sees it that way, wouldn't say -- the newest element in terms of power in the party and no daylight in between. what do you make of it? >> this is what happens a lot of times. people just go where they feel safe and democrat doing well under president biden, got a lot accomplished, they have been winning elections, tuesday night was a landslide for them. i think that is where we wind up going. who can talk to the middle the most. president biden did a great job of that in 2020 and historic accomplishment now. we need to be talking to more of those people outside dc
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endless of the people who live on twitter and only care about a good hashtag. neil: we will see what happens. buddy carter of jordan was kind enough to weigh in on this. what do you make of this idea for a more moderating position on the part of people like joe manchin, mitt romney on his way out. talk to me about it. >> that is a great point. i don't think washington dc is representative of our society as a whole. there are a lot of people in the land in washington, more fringe members, people either a far right or far left and fewer and fewer in the middle. it is concerning. neil: what do we do? a lot of people say don't do anything, someone is going to win the next presidential
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election and gets the spoils, end of story and what he did or she did, that is, move on, don't make a big deal out of it. >> what we do is make our voices known at the voting polls. that is what we do. we let our voices be represented by votes and people go to get something done. i can appreciate them being former governors getting something done. i was a businessman in business for 32 years. i had to make decisions, had to get things done and didn't always get it done the way i wanted to but i had to get it done so it's business people. that's another area where we can use more business experience. neil: not taking any biases. you know something about math, money in and money out so the
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mindset does not seem to be in wide representation. thank you. apologize for the front hated time but want to get back to our veterans. the significance of this day beyond what gary sinise was talking about after this. hey! like your workplace benefits... and retirement savings. with voya, considering all your financial choices together... can help you be better prepared for unexpected events. for a brighter financial future. thanks. ahh, pretzel and mustard... another great combo. voya. well planned. well invested. well protected.
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adam: veterans going into this we can. weekend. my next guest saying i hope we do that and we can we think about them. we look at this on a full year-round. the wife of u.s. army special forces soldier. i'm not going to ask you questions. you were just saying you want to draw attention to the plight of veterans but what they mean to the country period. explained that. >> today's the marine corps birthday, veterans day, i am a marine corps comrade, number 2,
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redefining purpose, transition out of the military, finding meaning is the answer. man's search for meaning as we go from two decades of war, a clear mission, perverse objective, transitioning to civilians, rebuild our lives as a veteran, unity and a lot of us have increased health concerns. people don't realize the global war on terror, we have 300% more likelihood of developing a cancer than our counterparts. physical injuries, some of us have a brain injuries and psychological, long-term psychological -- it can be a difficult transition. for people not only to transition out of the military but thrive and reintegrate in
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the small towns and big cities and plug in and be part of the communities. neil: i saw the story in the wall street journal more companies are hiring veterans, what you alluded to in your expertise. and the background would be tailor-made for so many companies. >> there is a disconnect between the skill traits you acquire in the military. if you go and build a fire base and pursue terrorism in afghanistan and pakistan and special operations perspective. cops or finance, not only create value but thrive, no mission and new purpose but what happens in a lot of
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companies is they don't speak military, you have less than one%. stuart: a lot of people looking out for number one, soldiers and veterans are thinking about things other than themselves. doesn't connect to this. >> it doesn't. when you are looking -- one of the biggest inspirations is we hire, inspire, and fund initiatives. 50% higher rate for transition services. we integrate with in a culture. it is extremely important, you can plug in around people. neil: reminds you what is possible. those who do the impossible.
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the chase ink business premier card is made for sam who makes, everyday products, designed smarter. genius! like 2.5% cash back on purchases of $5,000 or more, so sam can make smart ideas, a brilliant reality! chase for business. make more of what's yours. adam: i try to avoid snap contents and drops in the market. it isn't over until 4:00 eastern time. still about 3 hours to go. the fact of the matter is interest rates holding their own, or you'll slipping away. for now we will see what happens. brian: hello, everyone. i'm brian brenberg.

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