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tv   Cavuto Coast to Coast  FOX Business  November 28, 2023 12:00pm-1:00pm EST

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vanilla used to be popular in 2008. the 10th most popular was dark chocolate. we've got you. remember the old days in england when you had three choices of flavor, you had velma, strawberry and chocolate. that is it. ashley: that was it. three flavors. stuart: all three flavors together was called neapolitan. so now you know. thanks, mike. for playing along with us. and five seconds, coast-to-coast starts, three seconds now, here we go. neil: nikki is looking nifty. the koch network just endorsed her. the financial juggernaut has tens of millions, hundreds of
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millions of campaign joanne its disposal. reports that can langone is close to doing the same thing. that is what jump in the polls will do. nikki haley so far not as much for ron desantis. that's causing a little panic in team ron. we start now. welcome, good to have you back. i am neil cavuto. more on the big-money political story, how it is benefiting nikki haley. a detriment to others in the race. the other big stories we are watching, the ongoing hostage release and the resilient stock market, some would say santa claus rally, let's take it first to washington, the battle over funding is on. easier said than done.
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chad pergram has the latest. >> reporter: there is no government funding deadline this year. the holiday sprint is open to the international aid package. hamas is willing to help israel but they want strings attached. the gop says no way. >> number one, we should stand behind israel. we shouldn't second-guess of them or set timelines or parameters in how they go about addressing the murders, the rapes, the beheadings, the torture that i absorbed. >> a group of senate democrats met with half a dozen military leaders from israel last light. the israelis made their plea for existence. dick durbin was part of the meeting. >> conditions for anyone who receives military aid from the united states.
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in terms of human conduct, treatment of civilians and the laws of war. >> reporter: this includes money for taiwan and ukraine may boost to ukraine is controversial among some on the right. chuck schumer wants to put the aid bill on the floor next week. the gop is frustrated how long it is taking to send israel money. >> of democrats want to vote the tie the hands of israeli soldiers, israel deserves the time, the space and the resources to restore its security. i will stand by our ally 100%. >> reporter: the house approved in aid package for israel late last month. republicans want to add border security to the bill.
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that's a roadblock with some democrats. neil: thank you, let's go to cory mills in florida, what he makes of this. let me ask about this aid, to both ukraine and israel. i'm told that is a nonstarter among some of your republican colleagues, is it? >> it's a nonstarter for me. i don't believe we should be tidying these aid packages did together. every member has a right, there are certain districts who would like to support israel especially the way we have done it where we are reallocating money out of the irs budget for 87,000 to be repurposed to support israel's defense, but wouldn't support further ukraine spending when we botched the handling this since 2014. we should have, when the russians invaded, looking at
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things whether it has teeth or not like the 94 budapest memorandum that recognize ukraine sovereignty as a mechanism to get international attention and alert to the sovereignty violations, america has done what it continued to do which is believe intervention and warfare is the only way. i believe we need to prioritize our domestic issues above anything else, securing our borders is the number one issue for all americans. that's what is putting thousands of americans at risk every day. my response would be to look at individual packages. the senate should take that up like hr 2, hr 5 and all the rest, we should take ukraine and other things, individual spending package or funding. neil: what about israel? >> israel has been passed, 14.5 was reallocated from the irs, being set aside. this doesn't increase our debt
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which is climbing to an abysmal level. the national debt growth strategy that helps that ratio, it passed from the house. it is up to the senate to pass it to get the necessary aid so we can illuminate the irani and back terrorist organization known as hamas. neil: to talk about your home state, you are away from me now. if i ask you something nasty, which you could easily do. florida is losing its allure. because of the high real estate taxes and high prices for real estate in general a lot of people are put off by that. some are bolting. texas experienced the same phenomenon, not nearly in the numbers that will wipe out tens of thousands who have gone to each state but does it worry you that a lot of people are
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saying about florida miracle might be unraveling? >> the bottom line is housing affordability and availability is being impacted across the country but availability especially in florida is being impacted when we are seeing 900 new yorkers a day escaping blue states, actual houses were going 30% above msrp. what we are looking at is people are starting to come down, housing prices are skyrocketing because florida is the freest state in the country, i don't look at this as a negative. it is a state and nationwide issue to look at availability. a lot of people escaping madness in new york and trying to get to the free state of florida for our weather, our free state no state taxes but also our beaches and beautiful country. neil: a lot of drivers are coming down to where you are
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and you don't like that. >> i don't mind, spend your money, help build the florida economy. lauren: 20 just stay out of your lane. have a great holiday. cory mills of the beautiful state florida. mark tepper is with us now. i can tell you about the dow, 152 points, 4.33%. it was over 5%. >> wonder how low it was going to go on. without a doubt, investors are selling bonds. this is a risk rally, 15% over the course of the last month. it has been one heck of a growth rally. typically the fourth quarter is pretty good. neil: december better still. is that holding after such a strong economy? >> i do. i expect a strong holiday shopping season. the seasonality of the santa
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claus rally will help us to the end of the year and then we have to look at ourselves in the mirror and see if the rally can continue. i'm expecting a recession q1 or q2 next year. neil: by friday sales, 12. 4 billion spent on cyber monday, almost 10% every year. it is a record. if the consumer is having problems you are not seeing it. >> the consumer was supposed to be left for dead a few quarters ago and at a bare minimum on life-support. the consumer continues to stay resilient. my thesis on what is going on, look at consumer confidence and consumer sentiment numbers those are not very good. neil: people say one thing on this.
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there is a disconnect between what we are hearing and -- >> that is a possibility. the other possibility is both are true. consumers are spending on holiday shopping because they are not very confident about doing so. i don't mean scrooge humbug kind of unhappy but a lot of the people, 50% of earners working to are 3 jobs a week. it doesn't feel great to have to work 2 or 3 jobs to make ends meet. multiple job holders are at an all-time high. these numbers were great when you look at 7.3%. that is incredible. i can also point to mastercard's expectation which includes not just online sales
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but brick and mortar. you go to the aggregate numbers. what they expect for november and december is up 3.7% which core cpi's plus 4%. %. that would mean consumers are buying a less volume albeit priced. neil: is that your view of the recession? that is what the 10 years telegraphing? >> looking at what is happening to the consumer, looking at holiday shopping numbers, purchase now pay later sales, that's the equivalent of a modern-day payday check-cashing. those are up 42% year-over-year. that is high. those are subprime borrowers for the most part. 50% of buy now pay later users are on subprime. that is a challenge.
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we know credit card interest rates continue to go up. last january was the first in 15 years that consumers spend money for the holidays and did not pay the debt off in january. i would expect the same thing this year, but consumers were able to save up water because they work more jobs right now. neil: you can get a small cheese basket or the granddaddy. >> two box. thank you. i want to pick your brain on other developments we are following. in the meantime we are following something coming out of china that has people thinking are we in for some covid weird thing. it is being felt in europe. talking about something that is
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adam: this is scary stuff. does it remind you what it was like in china during the covid finger, a lot of people are likening the sudden bump in pneumonia cases as something that people are thinking it could happen again. the world health organization, that's not the case even though we are seeing similar hospital emergency rooms in european nations. doctor frank cantasessaa, great seeing you again. let me ask you what is on everyone's mind, should we be concerned? is this something we should worry about? >> great to be with you. we should be watchful of this. there are echoes of the covid days especially early on with
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the opacity from the communist chinese party, the world health organization requested additional information from them last week which supposedly they got, reports on what they are finding is the cause of this increase in pneumonia and they say it's no big deal, it is things like the cold virus, the flu, a little bit of covid, mycoplasma pneumonia which is a common cause of pneumonia, routine stuff. you just don't know what to trust when it comes to china. we are seeing additional clusters of this in europe, particularly in the netherlands. we are seeing cases rise in children too. china saying it is nothing new but we don't usually see pneumonia on kids in grade level so this is concerning.
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neil: everyone recommends getting the flu shot, get the shingles shot, everyone should be covered for that. shots for everything but what do you tell people because they think maybe they have that or the flu shot will be less prone to get this. is true? >> probably not. the flu shot which i do recommend for my patients, at its best, 60% or 70% effective in the years where they get the strain correct for that year. we don't know what we are dealing with this pneumonia outbreak. for older people, getting the traditional shots, if there's a series of two for pneumonia will cover most strains of the most commonly seen bugs that cause pneumonia. other than that it is handwashing, don't touch your face, the routine germ
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precautions we talked about during covid but have been preaching for 20 years. neil: let me ask about those who worry about a covid situation, that were predisposed, we will never do what we did, never shut down, never do all that but is the reverse happening where people are so cavalier about it that they are ignoring dangerous signs and not protecting themselves? >> maybe so. most people, there's a risk stratification for a younger healthier person to be cavalier and say i am going out in public, don't care, if i get sick i get sick, that's fine for an older immunocompromised person to take additional precautions, that's fine too. we do have to be cautious on knee-jerk reactions that we did during covid because none of us had been through anything like that before so we were very accepting of the heavy-handed things that came down early on, if it is that dangerous we will
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be careful. we have to be careful. there has been an erosion of trust in public health. we have to be cautious on what we advise going forward because people will be skeptical right off the bat. adam: hallway say there is no problem, keep looking good. good seeing you. thank you very much. >> likewise. neil: we are following big news on nikki haley. ever since she surged in the polls we said donors would be lining up, they are, a big one today. really big one after this. (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf
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the lady recognize, nikki haley, had been helping for big donor support with her surgeon the polls, and bigger than the koch organization, it has potentially hundreds of millions of dollars in its arsenal. and upon nomination, she's got can landgone. how the desantis folks are feeling about this. charles: interesting and important but let's ramp it forward and talk about what this means for desantis. i'm getting this from republican donors. what they are telling is simply this, the desantis people guaranteeing a win in iowa, he does not meet the expectations,
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by guaranteeing this win. are you sure he was guaranteeing it? they are saying ron desantis's people are telling the donor base it is baked in that he will win in iowa. when you see something like that, if you set the bar that high and don't reach that bar it sells trouble. this iowa caucus in january, a month or so to go here, if he doesn't perform well, they are around nikki haley, you will see someone like can landgone go to nikki haley. what they would like to avoid is another donald trump
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nomination, the donor class particularly after january 6th is not at the top of the ticket. the polls show him ahead but he could lose to biden when he starts to focus on his record, some of the things he has done. he says i'm giving you a donor class view. if you have one of trump's people laura maga people, just telling you what is going on behind the scenes. you never know what could happen at a convention. i could watch desantis, if he does not winner naomi, he'd will not be long for after that. neil: best-selling author, fox news contributor. you said something similar that
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puts pressure on desantis to win iowa placing second, is it that desperate? >> i would disagree. if he has a strong second-place finish and donald trump is below 50% than to santos will have a good night but his people understand the importance of iowa, where he is putting his time. key members of his leadership, where he's putting his advertising, the only republican candidate who's going to do a full grass lane, visiting all 99 counties, they understand he needs to come out of iowa with an outright when, and donald trump below where he is and money, they will understand that and acting accordingly. >> it carries a great deal of
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influence. not the overall voters, polls stand now. what do you make of it? >> one of the unusual things about donald trump, he lost the endorsement of key evangelical leader bob vander class and rather than acknowledging that, he went on details, starting to use dollar-signs in his text messages and attacking him in a personal way and not smart, he's going after the popular governor kim reynolds who, just like desantis, endorsed desantis. if you are the leader, if you are what he says he is which is way ahead and on the verge of winning the nomination easily,
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that is the time to be conciliatory. engaging in personal insult and nastiness, he's doing it which says donald trump is worried about iowa, if you are not for him you will be receiving the blood of his wrath but not very smart. neil: six weeks or so from the caucuses, with donald trump holding this kind of lead in past contests where the leader has folded or softened considerably, normally that leader has not had the lead that donald trump enjoys right now. >> what is his lead? i rely on the iowa poll that says he is at 33 and nikki haley and ron desantis are at 16 each and of the 43% who say they are for donald trump, 29 of the 43 say my mind is made
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up but 14 of the 23 say i'm open to changing my mind. neil: in iowa -- i'm sorry. >> at this point herman cain was ahead in 2011 and at this point hillary clinton was beating barack obama badly in 2007. fully capable, ted cruz won the caucus in 2016 after being behind significantly, 2015 at this point. we are 7 weeks, just after 7 weeks from this. this is the key moment. the islanders take a long while to lock in. they have a preference but takes a long while, fully capable of having last-minute moves. last example 1984, the last poll before the iowa democratic
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caucus had walter mondale at 49, john glenn and jessie jackson at 13. ruben sq at five, fifth and sixth were two senators, alan cranston and gary hart and a few weeks later, 48.9%, the talk was a surprise second-place finish of gary hart who ended with 16% and went on to wage a 5-month battle with walter mondale and severed the democratic nomination on the last day of the primaries of 1984, june 5th, walter mondale won the nomination by clinching 21 more delegates than he needed out of the contest. neil: wild stuff. good seeing you again. when we think of iowa we remember jamie quarter - j- jiy
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neil: don't know if you had the pleasure of meeting our newest correspondent, we decided for our first story why not send it one of the coldest it is of the nation and she said fine, whatever. she joins us right now
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following a trend that is a little alarming. we are taking get thievery to a whole new level. >> this is called crash and grab. it is not enough for these thieves to just rob the store. they have to crash a stalling car into the storefront to find extensive damage at their storefront. look at this video. teenagers out of st. louis rams a stolen car into a gun shop stealing $30,000 worth of guns, another 2000, 200,$000 worth of damage to the building. they leave the stolen car in the store and run off with 3 sellable goods. police say a lot of the marquee as and hyundais thanks to the lack of antitheft device. law enforcement in chicago, 600 kias and hyundais stolen this
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past august alone. they are consuming the same thing on show social media, challenging people to steal these cars, showing them how it is done. according to a recent report nonresidential burglaries, 5%, motor vehicle thefts increased one hundred 4% comparing the first half of 2023 to pre-pandemic levels. smaller family businesses in north chicago have been targeted twice. the thieves got away with whatever cash was left in the register but the key is the damage that will cost thousands. this restaurant has been a family business for decades. the owner says there is not much they can do. >> they break in and do what they can. maybe $10. they demonstrated a couple thousand dollars.
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>> they have the option to add pillars in front of their stores like in the case of st. louis crash and grab but. those pillars can cost up to $10,000 apiece. neil: welcome aboard. they are looking to bring you to buffalo. mark tepper is with us. i always wonder, these type of stories. they have got to have an effect on retail sales. in those, unities. >> one thing to crash and grab. that's the new smash and grab. one thing to do that from a target or dick's boarding goods, another to go after mom and pop shops. we know the end result, the law-abiding citizens are going to pay for that because there's
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going to be insurance claims. the cost of those goods is going to go up. we the people who pay their goods who do not steal, we are paying for all these criminals and their crash and grab -- neil: a couple weeks ago attacking amazon delivery trucks and all the rest. >> even robbing the delivery robots. neil: let me switch gears to what you are talking about. a big time for new offerings. the chinese retailer looks to debut next year and a host of others behind it. >> ipos in general are a great risk barometer for how much risk investors are willing to take on. investors have been burned and haven't been interested. look at coin base, ipo 250,
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immediately went up to 350, now is 125, 130. all those backs burned a lot. neil: how do you play that game? after it has that. >> we you get a now location. which is superhard for mainstreet to have access to that. this year has been better for ipos. you have respectful companies like instant cart, our big names that have come out. investors are more interested in these ipos. the renaissance ipo up 35% after it was down 50%. neil: some of them are slated for next year. going to winter and early spring. they are telling you we think the environment would be good.
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and it might happen. >> when it comes down. nobody wants to buy a company, and an acquisition process. and >> it is getting fit in the earlier. neil: a lot of people talk about that. or the first. and with these markets. brian brenberg right now to tell us what's coming up on "the big money show" 15 minutes from now. brian: the rubber band economy about to snap. and to an all-time high, hunter
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adam: this gaza truth entered its fifth day but it's a shaky day, that hamas is violating it. it could freeze this hostage exchange. we've got lieutenant colonel -- former black hawk helicopter pilot, always good to have you. we don't know all the details. hamas isn't doing what it said it was going to do. i don't know if it put a hold on both sides but what do you make of it? >> we got something that should not be considered a surprise at all. i don't know exact details but
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the fact the cease-fire has lasted as long as it has is surprising knowing how hamas operates. they are doing that right now. neil: when palestinian hostages are released, they are coming out with three times the number of israeli hostages being returned, what do you read into that. a lot of those palestinian hostages were never charged with anything. i don't know what the truth is, up to three times more palestinian hostages released than american and israeli ones. >> that just tells you that's a bad deal for israel all around. we should celebrate the reunion of families and children with their parents and things like that but we have to be cautious
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about the expense of this. the hostages taken by hamas, no charges against them. they were living an innocent life across the border. time for israel to say release all hostages. they need to dictate the terms. neil: a lot of people interpret this as a sign they could get the end of the war coming. to eliminate hamas, the pressure from the world increasingly watching is don't go that far. what do you make of it? >> that a concern the we will repeat history with israel being asked to make all concessions and surrender the initiative to an enemy that attacked them in the first place. israel had the right to descend itself. need to pursue those intentions and do the best they can with public relations with the
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international community. there is no surprise here. israel asked to pay the price and their opposition is always given concessions. neil: very good catching up with you. following what is going on on the border, threats to get through the border, the cost of all that is another matter. madison alworth with more. >> reporter: the physical toll on the southern border is clear, the financial toll, we are getting a clear picture. in a report from the house cody on homeland security shows the annual cost of the migrant crisis is at $450 billion each year. that covers the housing and care of asylum-seekers migrants and known got aways. texas dps is looking to crack down on those got aways, as
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they patrolled last night, 30 minutes into the night the helicopter picked up on a ranch, for criminal trespass, state crime. not long after that, the heatseeking drone was sent to locate more illegal crossers. this group scaled the fence that they were on and they were able to follow along climbing the same fence going further into the ranch. all five were located and arrested. both groups trying to sneak into the country and detected. >> they have criminal backgrounds from other countries, some monitor watchlist, some are gang members. that is why it is important to have these teams in place, so they can apprehend these individuals. >> reporter: these folks are
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not included in border patrol crossing numbers. they are trying to sneak in. just yesterday at eagle pass this stretch of the rio grande, there were 2,200 apprehensions by border patrol, people turning themselves in claiming asylum. that number continues to be high despite it being colder temperatures, normally you would see a drop but we haven't seen that all summer. back to you. neil: might have noticed the dow surrendered half of its gains, an interesting development to show you bond rates keep going down but prices keep going up $30, 2040, $2062 so we are keeping an eye on that.
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adam: neil: home prices are looking richer. record high prices for homes across the country on the case-schiller survey that looks across the country. we see steady growth, to those prohibited levels. that has been a problem for existing homeowners. they are not keen on putting their home up for sale in an environment where rates are higher and they move something out. buyers can't come in, they are not giving away since the supply and demand equation the
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doesn't benefit for new homeowners or those trying to purchase homes. that phenomenon continues with interest rates declining. another phenomenon we are following is how this is affecting the market. the latest cybersales we were getting at a record level running better than 9.5% from last year so the underpinning for this, the consumer still doing fine. we are keeping an eye on georgia. jimmy carter and president biden and clinton and all the living first ladies to say goodbye to rosalyn carter, that coming up in georgia moments away. to brian and his friend for "the big money show". brian: thank you very much, i'm brian brenberg. dagen: i am dagen mcdowell and for jackie deangelis. lydia: i'm lydia hu in for taylor riggs. welcome to "the big money show".

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