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tv   The Claman Countdown  FOX Business  November 14, 2023 3:00pm-4:00pm EST

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charles: 30 seconds, the finalist you want to impart on the audience. this is something i could work on as a nation long after this is over. >> i would invite people to come across individual political conclusions, across party lines. to stand against terror, to stand against kidnapping, to stand against mass murder, to stand against the wiping away of any country on the planet is always where americans act best regardless of party politics or affiliation. that is why every one of us has that. charles: always great seeing you even under these difficult circumstances. it's good you showed up here. all right, folks. liz claman. liz: folks, breaking news. if you own stocks, one final
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hour of what you can't miss. balls of every color stampeding toward the finish line, mega check, real estate, utilities and thanks to home depot's earnings, retail coming along. it is charging higher by 6.4% or $18 giving blue chips a hoist to the sky and speaking of blue chips look at the dow jones industrials, we have a game up 554 points, the dow was on pace for its tenth update out of the last 12 and this is a big move. we cannot ignore the move, look at the russell 2000 jumping ahead of the pack as far as percentages are concerned. you rarely see a point game like this. the russell right now up 82 points. 82 points, a gain of nearly 5%.
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far and away the biggest percentage winner followed by the nasdaq having an epic session, more than poised to exit correction territory which entered october 25th. nasdaq up 330 points, all it needs to close higher by is 87 points to exit that correction territory. no doubt about it, it is out. why the big bull run? the october consumer inflation out this morning just last month, it did end up having massive market moving muscle. inflation moderated more than expected to, prices remain flat, economists looking for 0.1% rise and headline year-over-year, was 0.1% less than anticipated but look at core inflation, look that is
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what the fed looks flat and food and energy prices, it rose 4% versus 4.1% in september so looking slightly better, that triggered quite the avalanche in bond yields. it is almost ski season. the two year yield most sensitive to fed policy diving 22 basis points. stands at 4.82%, 10 year yield, 19 basis points to 4.44%. the market clearly believes the federal reserve will turn off the lights on future rate hikes. that would mean higher stock market highs from here, bring in the floor show. experts to gain, thomas lee partners ceo scott sperling, j see is like why bother wasting time shorting stocks,
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especially when you see what is happening right now. do you believe this? >> if you saw the notes i sent yesterday we were talking about raging bull markets. everything we see today is what we have been preparing for, you see rotation into small-cap stocks and historically the last 50 years when do some start to outperform? in november. all we are seeing is normal seasonal strength, the market doing what it does this time of year. liz: this is a bull market move, consumer inflation number, the federal reserve says we are exiting, getting on that exit ramp of this rate hikes cycle. >> the federal reserve is looking at what the lag impact of the rapid rate increases have been on the economy, slowing down and what it looked
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like in terms of consumer spending and the impact these rates have on business investment. there's been a significant slowdown, in the amount of business investment the last few years, relative to the last few years, businesses in general are cautious, many leading indicators suggest there is a reason to be cautious as we go forward, the amount of growth we expect from revenue perspective is new relative to where we have been. the impact of these interest rates on multiples is something that is reasonably certain over longer periods of time but in periods like this when there is a reasonable amount about the possibility the fed may slowdown, we will see markets running in reaction to that.
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interesting question, we continue to generate enormous deficits year to year and build a level of debt we were not supposed it for another decade. looking at the implication of the rate we are going over the course of the next 15, 20 years, cbo projecting we had 180% gdp and the $50 range, that would need to be financed. liz: important point. way down the road warning sign, flashing signal but when you talk about being cautious, is today not the data be cautious, microsoft fitting a record high, nvidia hitting a record high and that's two names doing incredibly well at this hour.
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>> being cautious or not participating in a bull market is irresponsible for investors. these are technology companies, study every bull market in history, technology is a leader in pretty much all of them. it is normal bull market behavior, look at industrials. can we talk about the relentless strength of these big machinery companies. real manufacturing and i will leave it up to the others but in terms of price, price is a discount mechanism. the market is discounting the future. 15, 20 years from now, i don't know what we are having for dinner tonight. in this market. liz: that the problem with the guys in washington, they think about what's for dinner tonight. they are not thinking the debt that's down the road or in front of our faces. let's talk valuations. it was just a few days ago that the nasdaq fell into correction territory which was defined by
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10% pullback from recent highs and now it is out. it is on pace to close out with a big gain at the moment. let's show the nasdaq inter-day again because this is pretty impressive with this gain of 300 points, we are up 335 at the moment. you are a private equity guy. were things starting to look more tasty at lower valuations? >> valuations have certainly come down over the course of the last 18 months. multiples are down, not down to levels that is a large open divide. there are certainly technologies that will propel the growth of our economy in significant ways and they offset the drag we are going to get by having a 10 year that is likely to remain above where it was 18 months ago.
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two of the companies you mentioned, microsoft and nvidia are playing in the area that may have the greatest potential to decrease productivity in our economy and drive the kind of growth we have had historically that has offset these large gdp leaps that we have seen in the course of the last 36 months. the technologies are really important but when you think about what happens, basis points difference in inflation rates cause markets to swing violently in one direction or another. when one looks at the fundamentals, one has to take into account the fact that we are probably not going back to free money enabled by facilities of powerful disinflationary forces that
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dissipated or -- liz: i want to look at one thing before everybody gets excited and frothy about the tepid inflation rate. the wages, look at price levels, got to look at how wages are not outpacing inflation. what is the trade? what sectors, if looking purely at the charts would still do well? >> the only wages i'm interested in are my own. as investors that's how we approach the market and in terms of what sectors, look at industrial, healthcare represents 20% of the dow jones industrial average which is 4% from new all-time highs. don't fight papa dow, this is the world's most important stock market index. liz: more than the s&p? >> back 75 years, they look the same. follow those stocks, we will
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get the trend correct, 4% from all-time highs, down 50,000, 5500, it's hereby the time the dolphins are celebrated in the super bowl. stuart: last comment, tell me exactly where you find the best value right now in the markets? >> the best long-term are those sectors with strong growth drivers. investing in life science particularly because a lot of these companies are suffering from stocks that have a covid bump, significant downturn from the covid bump. the fundamentals of those are very strong but technologies we talked about, there's a lot going on, financial technology sector, the secular growth drivers that will work through a cyclical downturn that i fully expect to happen would be a place to do that.
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liz: great to have you both, the dow is up 71. it is record highs. >> after flat for 2 years, haven't done anything in two years, just getting going. liz: inflation comes in flat. the energy is bubbling up, the fastest-growing brand in the sector is turning up the heat on its monstrous competitors. the ceo celsius here to tell us what is flying off the shelves. wait until you see celsius's stock over the past year. we will show you after the break. look at those monstrous rivals. coca-cola, dr pepper, all moving higher right now. "the claman countdown" is coming right back.
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so, let's do this. give us a call today and speak with one of our hellomedicare licensed insurance agents. and say hello to an easier way to do medicare. liz: forget the cola wars, it's the battle of the energy drinks and it is on fire right now. logan paul's energy drink announced it has to billion dollars in annual sales this year and wwe legend rick flayer's drink, there are mushrooms and it. that became the official energy drink of elite wrestling but one company in particular is blazing hot, celsius is a market cap of $12 billion. that is small compared to
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master energy's market, the company has grown exponentially since john fielding took over in 2018. talk about jumping exponentially, the stock is up 56% this year, 78% year-over-year, after a strong earnings report, plans to expand into canada and europe next year which is in two months. it feels like you are at a pivotal point even though you've been popular the past couple years. what has changed? >> it has been amazing, disrupting the energy category. there three things, the partnership with pepsico in october they sold their first case, your at 90%, rate
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distribution gains. it continues to grow, new consumers coming in, bringing new consumers to the energy category. when you look at the category growing 10%, one of the fastest-growing categories in food and beverage and new consumers coming in, 18 to 24 and also consumers with energy are coming in and staying in the categories. chris downstairs, a love celsius but a watermelon is the favorite flavor. liz: its dramatic but what is better about it? you brought in a new flavor of
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fuji apple pear. i love fuji apple. >> look at traditional energy, medicinal flavors, we come with this opportunity -- liz: is there fuji? >> we have natural flavors, green tea, no sugar, rate for your hair. liz: what a sweet the? >> we use sucralose as a sweetener and it tastes great. liz: over the summer monster completed its acquisition of brand energy, that bolsters up your play energy drink world about what plans do you have? what do you feel you can do to reach or jump over monster energy? >> lots of opportunities. the category is growing, number one driver of growth, number one on amazon, just succeeded in the energy category which we are going against the largest grants in the world.
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in october, $20 million category is different but when you look at what hasn't been done any last decade, consumers are changing. everyone wants more function, celsius delivers on that and fitness is in our dna. it's a fast-growing category. it disrupted the clothing category. liz: what led you to do the stock split? >> we are looking at two things. monster is the peer group and you get a split, with jeffries there is a big spread on the stocks, it gets tighter and allow more frequency and more liquidity to the overall stock, better for the investors. liz: one thing that changed is partnering with lionel messi.
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i got yelled at by some lionel messi fans. the bigger soccer star, local star. how did that come up. what has it done for you? can you track a change? >> hard to track changes at the register but with our mls partnership, national partner of mls, major league soccer growing rapidly. we partner with inner miami in january and lionel messi shows up and we have a lot of timing and sequencing on the way. you always need a little luck. a great partnership. we are going to coast to coast, rapidly growing sport especially with jens the -- jen the. liz: you are talking to us 15 years ago, we might be saying
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red bull. red bull was so hot. it has taken a backseat. how do you avoid becoming a red bull? >> they have been 38% sharing the category. monster is up there as well. we are a strong number 3 in the category. liz: people don't talk about red bull the way they do about celsius. >> we have amazing loyalty. i put the tree up and rockefeller, the security guard walks up and says i love celsius. i hear it over and over again. there is something special about this brand, the flavors, the way it makes you feel which is different as well and it is a phenomenon. liz: i can only drink half a can at a time or my head is hitting the ceiling. when i need a pick me up it is celsius. thank you very much. we will be watching it and continue to follow the stock. it is an interesting player
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showing weakness today. come back again. security guards are loving your drink. let's talk about the ev world, we will tell you what is happening to its stock as a result. here's how other electric vehicle makers are faring. faraday future down sharply. a 7% drop, 80% stock missed on quarterly earnings and revenue. nicola, revi and and tesla are in the green. we are back, down just real sub 578.
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liz: fox business alert, look at the national mall in washington dc where tens of thousands of people gathered to show support for israel and jews across the world. more on who spoke and the rise of anti-semitism in just a moment. we keep an eye on the march for israel. rabbis from all over the world have come in, not to mention supporters both jewish and christian and non-jewish coming in to stick up for israel. let's look at your market movers. the nasdaq is making a big
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move, 2. 5%, higher, 349 points. trying to keep an eye, the higher the session was again a free hundred 38 points. look at the dow up 570 and the s&p up 95 points, 2% gain. investors hitting the brakes after the company reported a larger than expected third-quarter loss, getting hit to the tune of 20%. the net loss for the quarter 91 million or $0.27 per share. ever core cutprice target from $12 to $6, and forecasting for your sales, lower than analysts were looking for, we have the company, and the swiss backed company has bounced back,
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losing that in october. inter j, bernstein analysts, updating craft times, market reform to outperform, the brokerage form believes the protein forward portfolio is well positioned for the current anti-obesity environment. and stocks are lower inflation, and lower ship fuel prices. gaining 8. 7%, norwegian up 8%. still no american boots on the ground in his relapse war, no american boots on the ground but that's not the case for the sailors on the high seas. a us nuclear powered submarine
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arrived in the region. former submarine officer and current republican congressman brandon williams joins us with his threat analysis and ask him how he votes tonight to and a looming government shutdown, and and benjamin hall, covered the most dangerous conflicts from libya to air rack and the russian invasion of ukraine. to push back put naps military, paul and his crew were hit by russian bombs. the photographer was killed, paul was blinded with horrific wounds and nearly died but he was rescued, that was just 8 months ago. look at him today, literally today. we shot this in the fox news room a couple hours ago. how did he survive and thrive? what message does he have for
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you for fighting back against all odds no matter the situation? he talks about how he copes during his recovery process. the story of his ground-level and extraordinarily personal view of war and his new outlook on life. he joins my latest episode of everyone talks to liz podcast. you can hear it on amazon, apple, spotify, wherever you get your podcast. the closing bell 28 minutes away. you are looking at nearly all green. not a lot of heat here. we got a lot of green, home depot, walgreens and goldman sachs leading the charge. ♪ i take once-daily jardiance, ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seee. ♪ ♪ i'm lowering my a1c. ♪ jardiance works 24/7 in your body to flush out some sugar!
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(sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ liz: president biden telling reporters he's, quote, optimistic a deal can be made with hamas terrorists to release the 240 hostages which
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include nine americans, hostages they took october 7th. as tens of thousands flood washington's national mall for massive pro-israel rally, you are looking live at one part of it. herzog is blasting the recent rise in anti-semitism across the world. >> loved ones are held captive in gaza and soldiers fighting for our beloved israel, jews all over the world are assaulted for being jewish, the hatred, the brutality, the disgraceful outburst of ancient anti-semitism are an embarrassment to all civilized people and nations.
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jews in america must be safe. jews all over the world must be safe. i salute you. liz: in israel, benjamin netanyahu giving a stark warning to hezbollah, a different group of terrorists saying, quote, if he were a member of iran's proxy terror group he would not try the state of israel because it would be the biggest mistake of their lives. concern for the region grows with the u.s. navy's, the uss florida to backup the 14 ships already there. let's bring in brandon williams, former nuclear officer. there is so much on so many levels we need to talk about.
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you were at a meeting with huge crowds outside of where you're standing. what was the focus of the meeting? >> the focus is what's happening on college and university campuses where anti-semitism is a growing sickness that has infected our -- if you allow anti-semitism to remain in your campus you are my enemy. i want them to hear that loud and clear. liz: why are they not hearing it? this has to do with leadership of the schools. >> they spent the last 10 years making sure everyone, no one ever had their feelings hurt but they have given a green light to organizations calling for the massacre or the
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celebration of the massacre of jews and the american people don't like that. jewish americans don't like that. parents don't like that and it has got to stop. liz: the push for us military to come into the region but we can put up a map of the different areas where the us military, the marines or the navy, unbelievable how many different areas are coming to the coastline. maybe we can show that one, so many areas where the us is muscling in inquiry something happens. the israelis actually made a submarine and it launched from
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germany so how do you ensure that everybody knows who is who in the mediterranean? >> good question and very secret question if you know where the silent service. in normal operations you would coordinate with your allies to reserve parts of the ocean uniquely and specifically for just one submarine. he would assume any submerged contact is hostile and shouldn't be there. liz: talk about tomahawk capabilities that are launched? >> there's a number of configurations. the uss georgia which is identical has been converted into ssg and or guided missile
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submarine, it has 150 tomahawk missiles, it remains healthy and submerged and quite frankly shoot out a great number of those tomahawk's in a short time. the forces in the region have no ability to detect it or defend against it and it has to be the most feared weapon in our arsenal. liz: there is so much i want to talk to you about but we run out of money to run the government and there could be a shut down. where do you stand on speaker johnson's laddering idea of a 2-step effort to make sure we don't barrel under that. >> it is critical to get speaker johnson to navigate the difficult situation so that he can be well positioned to
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implement his strategy in 2024. shutting down the government is a bad idea. i will be supporting the funding to keep the government open. liz: you talk to a lot of congressman and women. can you tell me what the feel is? will republicans who voted against kevin mccarthy's idea are for speaker johnson's? >> many have painted themselves into a corner where they will never support any cr under any circumstances. that's poor judgment to paint yourself into an ideological corner when it makes good sense to support speaker johnson and make sure he has room to maneuver. liz: thank you for your service.
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the marcher israel packs the national mall. one college is facing a new lawsuit for not protecting its own students from anti-semitism. the lawsuit has just been filed. we have 500 plus point gain on the dow jones industrials, lots of green on the screen. it is the nasdaq and the russell leading the pack. there are some things that go better... together. burger and fries... soup and salad. thank you! like your workplace benefits and retirement savings. with voya, considering all your financial choices together... can help you make smarter decisions. for a more confident financial future. hey, a tandem bicycle. you can't do that by yourself.
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♪. liz: we want to show you video from the march for israel. that is actress debra messing, who if you follow her on instagram, she has a ton of followers right now, she has been vocal and supportive, almost like a protector of the hostage posters that so many students across college campuses, for some bizarre reason ripped down. there are tens and tens of thousands of people right there in d.c. at the march for israel right now, but we've seen too many thousands across campuses spreading anti-semitism. we have breaking news about one of those campuses.
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nyu, new york university, has just been slapped with a lawsuit in the past couple of hours and the suit involves violation of title 6 in the civil rights act over failure to protect jewish students on campus. joining us now is the attorney suing nyu, marc kasowitz along with charlie gasparino. marc, thanks for being mere. why nyu? >> thanks for having me. the reason we're seeing nyu because the university has been an abysmal job protecting its jewish students from egregious and playing grant displays of anti-semitism. this goes back a number of years. this was heightened tramatically with october 7th and massacre of israelis there. so, what's happening on campuses and you're seeing it all over and it's certainly happening with particular force on the nyu
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campus is that there are outrageous kiss displays of intimidation, physical threats, psychological threats toward jewish students. >> have there been assaults have there been assaults as well? >> there are some physical assaults we're aware of, yes. it has been, really been just a conflagration of anti-semitism and threatening, intimidating behavior to the point where jewish students own campus are afraid to leave their dorms, afraid to leave their apartments. many of them are leaving and going to their families homes off campus because of the threats to them. >> you know marti lipton, correct? >> i do know marti correct. >> a long-time nyu benefactor i believe. >> yes, he was a graduate and been a benefactor of the school for decades. >> have you spoke to him about
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this? wachtel lipton, major player on wall street, jewish american, have you talked to him about this? >> i haven't spoken to marti but i have lots of friends at wachtel lipton who i have spoken to and they're equally outraged. >> why do you think this is happening? hasn't this been a slow burn when 2 really comes down to it? don't people like marti lipton, they have some responsibility here because they have been giving money to schools like nyu, university of pennsylvania in the perform of other wall street executives like mark rowan at apollo, giving money for years to finance some of the most anti-american, anti-israel course work. you could see it, this course work has been going on for years. now with the culmination is, rampant and obvious jew hatred? don't they deserve some responsibility as well? >> well look, i think the responsibility in the first instance belongs squarely on the shoulders of the administration
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including the presented president of nyu who when the massacre in israel on october 7th happened, refused to come out with any significant condemnation. liz: she's jewish. >> i don't know whether she is jewish or not. liz: she is. >> i don't know whether she is or not. i don't think it very much matters. sure this has all been -- >> why do you think they're so spineless? is there a reason in your mind they're so spineless like this? >> that's a great question, charlie and we're going to find out the answers during the course of discovery in our lawsuit but it really doesn't matter. >> is it possible they're getting money from the middle east? >> it is very possible. >>ism done stories on that. >> yes you have, charlie, you have done good ones. we'll find out during the course of this lawsuit what the motivations have been for failing to protect jewish students. liz: marc, we h what about cornell? cornell had the threats why not
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file suit against the cornell? >> when i was last time here, you asked me who we are seeing cornell is on the list. >> upenn? >> upenn. liz: stanford. >> stanford. >> why not a class action. >> we'll keep it simple with the lawsuits against those schools. liz: thank you, mark kasowitz. the bulls stampeding towards the closing bell here, 316 point gain. the dow is up 462, off the highs of the session, still 1 1/3% gain and s&p up nearly 2% or 81 points. we have to show you nvidia. nvidia is looking at a record close, if it holds on its gains ends $494 a share. we're at 496 at the moment. that will mark a record for this "magnificent seven" stock. let's talk about something equally as magnificent, move
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over happy meal toys. mcdonald's partnered with crocs for a line of custom shoes inspired by classic mascots, grimace, birdie the hamburglar. they are available in crocs stores online today. 70 bucks a pair. mcdonald es up 1%. while mcdonald's fans race to get their crocs, one of them is picking this name to upgrade for the rest of the year. mike binger. reveal it now? >> we recently bought mcdonalds. i think as you look at this market, there's great opportunity. i mean a lot of focus is put on these "magnificent seven" stocks and rightly so they're growing fast and they're growing above market averages. to me that means there is all kinds of opportunity in the other 493 stocks out there that you can look at right now and we're starting to look at things that haven't participated as much. mcdonald's is one of those
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names. it trades cheaply versus where it traded in the past and they just had a great quarter. liz: you're also picking ulta. ulta is sort of the place to shop for all things makeup, hair and beauty. ulta has been a interesting stock. for couple years it was just going gang busters. where does it stand if you're looking to buy things that aren't at their recent highs? >> yeah, ulta is another name that fits that camp exactly. i think cosmetics, and what they sell are pretty economically resilient. you know i wouldn't say it is an ultracheap stock. it is not one of the single multiple p-e stocks but it does trade at a much cheaper multiple than it has historically and it has been executing well. what we're looking for now we're trimming these "magnificent seven" stocks. we still hold them but we're trimming them. we're looking for stories that are cheap relative to where they have been in the past and still executing fundamentally. liz: we're getting a big number tomorrow, actually two. we're getting retail sales for
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both the u.s. and china. where do you think the retail world is going to find a very vibrant consumer ahead of the holiday season when people are still worried that you know, their wages are not outpacing inflation even though we got a better cpi number, better meaning lower today? >> i would counter that and i would say wage growth is still around 5%. we saw inflation is around three, a little over three today. i think that dynamic actually flipped ad little little bit. if you're talking about china and u.s., if that last gdp report says anything i think the u.s. consumer is strong and resilient and i would lean toward u.s. retail sales as the place to be. look for a number stronger than china. >> mentioned important brands, mcdonald's and ulta, what about this a.i. rush? everybody is investing in that at least one way or another. are you?
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>> yeah. we own nvidia. we own microsoft and we own google. i think a.i. is very important and i think it will be a big part ever our economy maybe five, 10 years from now but for now it's small parts of big companies. i think that the hype is perhaps a little bit ahead of itself except for places like nvidia where it will become a big part of that business. let's not get over our skis on a.i. liz: let's not get over other skis on nvidia or microsoft but right now microsoft looks like it is closing at a record high. how about nvidia, guys? yeah it looks like a record close for nvidia as well. [closing bell rings] liz: these numbers have to settle. we have a huge rally we're closing out with 500 points of dow. frank macdonald of fiserv tomorrow. "kudlow" coming next ♪ larry: welcome to "kudlow," i'm

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