the you think the answer is florida. i'm going with florida. >> i will go with texas. very large. stuart: its texas. too much, too much. according to the american transportation builders association, 56,000 bridges in that state, texas. almost double the number of bridges in any other state. do you be leave that? lauren: how much are the tolls? to go over the bridges? you don't have to pay a toll to go over every bridge in the world. thanks for sticking around to. don't forget to send in your friday feedback. send to a varneyviewers@fox.com.

neil: something remarkable, relatively holding up which has anyone checked what's going on with oil? crude oil, north sea crude trading in europe, that's 1/3 day running. those numbers $73, bottom line this week they are up 7 to 8%. we all remember inflation-adjusted oil during the opec oil crisis. i remember is that but nothing close to that and the situation as it was back then, tensions whether it be in the arab world weighing on that so let's get the read on this and the strike that goes on another day. we were saying this is a resilient market in the face of this the craziness notwithstanding three days in a row, 10% jump in oil.

>> the day starts in one place and we end in a different place and a lot of this is jitters from those geopolitical infrastructure issues we are seeing, things going on in the middle east, there's a real concern that this is going to spread as the violence trades back-and-forth and additionally we've got issues on our own shores, dock workers striking, continuing, this started midnight on monday, you were going to see this go into the weekend at this point, looks like there's no stopping chris this. big concerns that could have ramifications beyond our day-to-day. stuart: neil: given a long-lasting strike and now dockworkers promising they won't empty any tanks or ships that come to them, that's going to lead to higher prices, question is for how long, how much.

i understand that and yet when i look at expectations on interest rates which the federal reserve does, we are looking at another cut in rates, not to the point some in the marketed been hoping for. what are you hearing on that? >> when it comes to these events particularly strikes, we saw with the uaw strike last year obviously not as broad-based as the longshoremen strike we are seeing how but interesting because didn't have much of a macroeconomic impact. it impacted the auto industry but inventories were pretty high so we were able to see that it was pretty calm and the after affects. the most e-commerce are expecting a similar reaction. estimates vary. the latest estimate that came across my desk was a weeklong strike is going to cost us about 2 billion, this is not chump change but it is something we do have strong inventories, we saw people preparing for this, businesses,

retailers preparing for this. neil: big boy, walmart, target, pre-ordering and doing that stuff but small guys are going -- it's going to be difficult to find bananas. i heard italian sausage could be delayed. the bananas i can deal with but that one, i looked at those prices. having said that the variety of goods and services are key items to look for could be substantially delayed. even christmas gifts and the like? >> it's interesting because we will see the impact on smaller businesses. obviously you are right, the big retailers, walmart, costco and those folks have their holiday shipments in at this point unloaded in the warehouses bleeding to be rolled on the shelves but those that wait a little longer but cannot afford necessarily to hold those items and warehouses for a while, talking about mom and pop business retailers on

main street. neil: a lot of it is perishable, fruits and vegetables, it's limited shelf life. all bets are off. >> despite all this the calls for actually inflationary effects are pretty low. we are sort of sitting in this waiting period, duration will be key in this one. madison: ago back in history, the worst expectations are never realized. the worst expectation we were going into a worldwide middle east inspired war, still hasn't happened but again and again, fears are ahead of us and hopefully that's the case now. great seeing you again. chad pergram with the fallout from hurricane helene, epic destruction we've seen across six states, 200 people feared dead. 1/3 of them in north carolina, now concerns the dough to help

them, at least the means by which federally we can help them are running out of the dough. what are we looking at? >> reporter: before it left town, congress infused fema with $20 billion to address disasters like the hurricane. fema is good to handle the immediate aftermath of helene but not for long. >> we are meeting the immediate needs with the money that we have. we are expecting another hurricane hitting. we do not have the funds to make it through the season. >> the storm was so bad that it will likely drain fema's coffers. hurricane season runs through the end of the month. house speaker mike johnson is aware of the demand for more money. >> it will take a while, 30 days or more to assess that but congress will have to address it. that's an appropriate role for the federal government but they have to prioritize federal

spending a we've got $35 trillion of federal debt, got to keep care of national defense, handle federal emergencies. >> reporter: there are questions why fema has enough money to deal with people illegally in the country but low on cash to respond to the hurricane. the money comes from different accounts, congress approved $640 million last year to help communities deal with illegal grants, they expected to spike to 3 billion. >> we are quick to forget things like the incidents in maui or hurricanes in florida or the recent hurricane impacting north carolina, tennessee, and georgia but focus and prioritize criminal migrants as well as borders 9,000 miles away. america needs to get its priorities straight. >> reporter: no one knows the price tag of helene or other disasters. lawmakers likely add money for the hurricane in texas, wildfires in maui and the typhoon which hit guam to a big

spending bill due around the holidays. neil: lots to be done, good talking to you. we will talk to senator bill her gay, he wants to see action on that. not only helenhas come and gone with all the horror in its wake but a couple other formations out there. stephen morgan, fox weather meteorologist on all that. what are we looking at? >> it does look like those two named storms we will get to in a minute should stay out of the water. we watch mac activity in the gulf of mexico which is where we've been watching carefully because as jed mentioned, hurricane barrel in texas, we had debbie in the big bend and then can't forget about helene which we are still seeing the effects of that. all of these hurricanes. we had a total of 7 and the majority of them coming out of the gulf of mexico this season which is concerning because that is so close to the us mainland and when we look at the season it runs until the end of november so we have a

little more than a month and a half until the season officially ends and given the way the atlantic has been behaving the last couple weeks this resembles more of an august like pattern with leslie and kirk out here. just for being a numbers person when considering what we've seen kirk rapidly intensifying so late in the season, quite an achievement we saw out there but satellites giving us the indication this is not going to get anywhere close to land. this area we've got to watch out for, 30% chance of developing to the next 7 days, latest forecast trends do suggest it should not organize too much. however we are expecting some impact in florida and areas hit particularly hard. we are talking power outages around tampa bay into fort myers. pinellas county barrier islands, duke energy saying maybe we get power back by saturday or the very latest sunday. another round of rain, not the big storm surge helene featured on the west coast of the

florida peninsula but nonetheless it is something we need to watch. in the meantime this is the monster in the atlantic, kirk, one hundred 25 mile-per-hour winds, major hurricane and it is expected to strengthen to a category 4. that peak intensity but you see the overall path, ridge of high pressure in the atlantic going to keep everything out to see. whatever is homegrown we got to watch that but so far so good. it will eat 20 hope it stays that way, great as always, thank you very much. bill haggerty, the tennessee senator, senate banking, housing and urban affairs on all these committees, important guy, great to see you again. i know you are keen on getting help and appropriations to these people and others fast but that might prove easier said than done. what's your plan? >> the amount of damage, devastation and heartbreak that is happening in tennessee is unbelievable.

we've never seen anything like this before. often we talk about events that occur once every hundred years, every 200 years, want in a 5 per year period. this is a once in greater than one thousand year event, no one has seen anything like this in history. the amount of damage, the flooding is just hard to imagine. we've got to have resources, whole communities were cut off. bridges that are out. roadways that are out. no water supply, electricity is down. and ability to communicate. we don't have cellular connection or broadband. it's very challenging. we've got to get resources to this as quickly as we can. neil: that an issue in your wonderful state at north carolina where the traditional hurricane impact is something we don't normally see, surge and storm but in states like yours, north carolina, that

stood out because the flooding did a lot of this damage and continues to rate havoc on the area, 1.5 million without power and now we hear fema is running out of dough. what do you do? >> we have 2, more than willing to come back tomorrow from a legislative standpoint to make sure we have the funding appropriated and ready to go. fema needs to look at every angle it has to move the funds to pre-position assets, national guard assets that are here, state level emergency management assets. everyone is pulling together, everyone is looking at this from a resource allocation standpoint. we need to prioritize tennessee, north carolina, these states and have never seen anything like this before. it's going to be very challenging. my appreciation is so great for people from other states, leaders from other states, florida, desantis, the city

teams up to help us in tennessee. everybody is pitching in, everybody wants to do the right thing and as a member of congress my job is to make certain we get that done. we need to beyond this posthaste to make certain we don't have a resource problem at fema that can constrain our ability to address the devastation. neil: you very much. we are still early in the season, the worst could be yet to come. we hope not but given all the forecast we watch closely. senator bill haggerty, thank you. in the meantime we are focusing on what's going on in israel, sort of like waiting to hear the response to iran's missile attack, looking at southern lebanon. back-and-forth, troops move in and a number of them by last count, the fact of the matter is whatever the response is we are told can come in the next 12 to 24 hours, we will keep you up on that and the implications right after this.

when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's your free, just for calling the number on your screen. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you see, medicare covers only about 80% of your part b medical expenses. the rest is up to you. that's why so many people purchase medicare supplement insurance plans like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare

supplement plan you select, you could have no deductibles or copayments for doctor visits, hospital stays, emergency care and more. you can keep the doctors you have now, ones you know and trust, with no referrals needed. plus, you can get medical care anywhere in the country, even when you're traveling! with humana, you get a competitive monthly premium, and personalized service, from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare and help save you money! so how do you find the plan that's right for you. one that fits your needs and your budget? call humana now at the number on your screen for this free guide. it's just one of the ways that humana is making healthcare simpler. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you know medicare won't cover all

your medical costs. so, call now and see why a medicare supplement plan from a company like humana just might be the answer.

it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. neil: what is israel going to do? particularly if you are looking at the border israel has with lebanon.

it has soldiers in their now. an invasion, ground invasion, could be coming close as well but again, president biden made clear whatever israel plans to do to respond to the irani and missile attacks two days ago that they not single out nuclear facilities and the like, no reply yet from the israelis exactly what in their plans. our chief foreign correspondent has a great book out that looks at i can't believe it's been almost a year since those attacks by hamas on israel and the war lingers on and potentially expand even more. good to have you. what's the latest? >> as we report from northern israel we can see israeli fighter jets overhead, just bought a three of them off the coast as they continue to carry out bombing campaigns against the lebanese capital of beirut. we saw similar strikes

overnight, not just targeting the hezbollah stronghold in the southern part of the city but also closer to the center. an indication the israelis are expanding their strike range and trying to hit a number of different targets of their but as you mentioned, on the ground, israeli forces are pushing deep into southern lebanon, ordering 25 different communities to evacuate today on top of 2 dozen communities earlier this week that were ordered to evacuate and now we are talking major population centers with tens of thousands of lebanese residents, another indication that israel will continue their operations against hezbollah in southern lebanon and this is not just a raid that will wrap up by the end of the week. as we look at what has been happening here today we get key indications that israel is taking more losses in southern lebanon. the main hospital here has had israeli helicopters coming back-and-forth from southern lebanon. they are carrying injured troops to treat them as they

are injured in battles with hezbollah so as we look forward to see what happens on the ground here we still have to keep in mind that the israelis say they will respond to that ballistic missile attack earlier in the week launched by iran, 180 ballistic missiles soaring through the skies over this country and the question now is how they will respond and what types of targets they will likely hit if they do decide to strike back directly against iranian territory. neil: you for your incredible coverage. ian bremmer now with us to follow up. we don't know the response, but we know whatever the response is going to be is like a tennis match, back in iran, what will your response be to their response, back-and-forth we go. where do we see this going? >> the last two times we been asking ourselves that question was first back when donald

trump assassinated or ordered the assassination of the head of the iranian defense forces and the irani response was virtually nothing. the last time of course was in response to the iranian attacks in april when they engaged in hundreds of missile and drone strikes against israel, ineffective but risky and then the israelis engaged in strikes against a military installation that protected the nuclear program and the iranian's once again did nothing. i think it's very important to recognize that the iranian's have been messaging to their people and their axis of resistance as it is called that this was a spectacular success, 90% of their missiles hit their targets, they really showed the israelis who was boss. in other words they are trying to show internally that this was great, we reestablished deterrence.

the expectation is here that as long as the response by israel and the united states, and i believe it is going to be a joint response frankly, there's a lot of coordination over the last few days i would be surprised if we see much more than rhetoric from the iranians this time around. i don't think we are on the brink of an all-out regional war. the irani and snow that is a horrible option for them and biden knows how bad it would be for the us and the global economy if that were to happen. neil: if you start hitting nuclear facilities all bets are off. >> depends on what one does. the nuclear facilities, dozens of meters underground, they are hardened, granite underneath the ground. it is hard to imagine the israelis have the capabilities of destroying that by themselves or so let's say they were to cause some damage and set back the iranian program, i

think the likelihood is that the iranian's would still have a very intact program and would be able to weapon eyes it more quickly so that would create a more significant risk for israel in particular in the region not to mention the golf states that so far have been sitting on the sidelines and not putting a lot of pressure on israel so does israel want to change that? prime minister benjamin netanyahu is in a better position today than he was a month ago or, lord knows, six months ago. much more popular and did a lot of damage to hamas and hezbollah while taking no additional meaningful casualties on the ground himself, the military a symmetry for israel are pretty great. i think there's a lot of sensibility here for the israelis to hit iran back in a way that can be coordinated with the americans. not least of which the likelihood that the iranian's respond if the israelis and the

americans are hitting them together. iran then understands anything that happens the americans are involved in the war and the iranian's really don't want the americans to be involved in the war. every iranian leader you talk to including the vice president who i met with last week in new york when he was here for the united nations general assembly have been saying we don't want to fall into the israeli trapper. in other words they don't want a level of iranian escalation that gives the israelis justification for an all-out war. that is absolutely weighing on their decision process right now and it is the reason why despite the one hundred 80 ballistic missiles that they sent that there was a significant advantage up given to israel through the united states by iran. they wanted to be able to show that they were tough while from their perspective minimizing the likelihood of significant escalation.

neil: let's hope it stays that way. great chatting with you on all of that. i want to let you know we are in day 3 of the port strike. i been trying to keep track of what is on those ships and what's getting out. by my math, we have hamburgers, frozen seafood, spanish olive oil. most of the world's spanish olive oil is shipped through these various port so you can't get your hands on that, can't get your hands on italian sausage, can't get your hands on bananas so whether you are eating healthy or not you are kind of screwed. we will update you on how bad that is after this. ♪

do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset

that can be sold. we learned we could sell all of our policy, or keep part of it with no future payments. who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance.

[♪] can a personal loan unlock your ambitions? oh yeah. consolidate bad debt and save money for your next goal. sofi personal loans. low, fixed rates. borrow up to $100k.

no fees required. >> media wants to say we are stopping progress, fighting back against automation. there's never been one time we didn't adapt to innovation of our industry. we all have technology that makes the job safer and more efficient for our workforce but we are never going to apologize when robots are taking over. neil: the longshoremen's association head.

dennis is the executive vice president. a lot of shipowners and the like, they are not going down. they are substantially higher, close to double what they are making now. in newark, new jersey. >> good to see you. i'm here at port newark and you are talking about the message getting through. and you have workers from new jersey, the kids are here today. port workers on the west coast.

now i told them, you had to hear me a little bit to make this work, don't know if they got that message. they are dug in and the message is they are doug in and this doesn't seem to be going anywhere anytime soon. neil: great coverage and great calm. james has an interesting read on this. it does risk getting toys and santa getting the hand on those toys for christmas. seems early to say that but guess it is not out of possibility. >> the toy industry and its retail partners work long leads, the shelves look okay.

the toy industry brought in comics for the holidays but what is a problem is the restock situation. if you end up running into a toy someone on your list wants or needs, you better buy it now because we don't know what it will look like if something needs to be restocked. there's a possibility it won't shot up, airfreight is looking at a cost increase. neil: the bigger the retail the more wherewithal they had to prepare for this. walmart did, don't know if they are completely covered. a couple of their stories are decked out for christmas. what do you make of that? the big boys will absorb this and deal with it and keep customers happy. maybe not. >> it is very nuanced but companies like hasbro and

mattel brought in 85% of their christmas shipments and holiday shipments. retailers work with them where the retailers pay for it to bring it over here so they moved it and where we run into concern is there's thousands of independent retailers out there, small mom and pop businesses that rely on smaller shipments. they could get jammed up. smaller toy companies. a lot of these freight companies that are at the center of this dispute have no problem a couple years ago during the pandemic charging smaller toy companies 30 grand for a container that used to cost 3 grand. we saw price gouging kick in and starting to see it again now where prices are going up and freight companies call record profits, tens of billions of dollars. at the end of the day the

consumer pays the price for this but it is every one the general public doesn't realize exists. neil: is you were speaking on the west coast, shipping guys settle them with the industry a year ago, got rid of generous pay package in the sympathy with this that any of these make their way to them they won't unload them. they will be in the same pickle. how long do you see this dragging on? >> i don't think anyone can put a gauge on this, we saw the huge crowd in newark and feels like a party if you look like it. right now we are three days in. it is going to start repelling if it hasn't already. we did here on the toy side of the business, the west coast rail is starting to jam up a little bit because of those preemptive shipments. the ports are okay but we see

this ripple effect through the rail and we saw that during the pandemic too. most of it lands in the chicago market, there could be a jam up their too. the chain reaction that goes through if we look at 2 or 3, maybe six weeks of the strike, this is particularly damaging. not only do we pass the holiday stuff but look at after holiday reset product that is going to arrive late. or january resets when they reconfigure departments for the new year. do we look at spring shipments and all of this product has to go somewhere and creates new problems like orders that get canceled, that stuff gets offloaded. huge problems.

neil: a lot of people say i had it but it is on a ship. didn't get it this morning. we will see. charlie gasparino here, think about how the administration got criticism it didn't push the 80 day cooling off period. we got donald trump with his own issues, the whole jack smith thing bringing these once redirected and there for the world to see, don't understand where that case is going. charles: i was going to say bar humbug on the christmas present thing. look at it this way. some smart guys kind of bald, skinny dude said it's the economy, stupid.

i know him a little bit. i saw him in vegas but just telling him that's where i met him, economic issues always trump these -- weird i use these words, jack smith stuff, october 6th was a horrible looked for donald trump but it is in the rearview mirror and it is not what people care about. he has his blind spots. everybody knows. look at the issues that animate voters the most. he was pretty good on the economy. the economy did very well. immigration. the border down for the most part. neil: this is news to most. issues that surprised you. and i don't know if it dawned on that. neil: was of this on the part

of a hail mary pass to adjudicate this case. charles: they are political animals, and manhattan attorney general, manhattan district attorney that these people are political animals. a lot of they are trumped up, the lakisha james case might get thrown out. neil: if the edge went to anyone, because of what's happening about the port strike escalating tension in the middle east. charles: hurricane. when people start realizing, the these guys, what they make now, the expensive car, when they start realizing what they make now and what they are

asking for and see prices go up and can't get toys for their kids i don't think it looks good for the union or the biden administration. neil: he is the one. the union head son. we just had audio. don't know if that is staying low with what's out there or does it matter? neil: when you start seeing inflation that happened during covid when you had bottlenecks of this type. you ask where is the biden administration, this is not -- i'm a union guy. my old man was disabled because of being injured. and coal miners, and they are making good money.

and they want cavuto like salary. neil: are anchors here are paid. always good seeing you. we heard about delays on christmas present and the like a. 1/4 million people, we had lahren seminary on that next. ♪ whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us.

because advice worth listening to is advice worth talking about. ameriprise financial. ♪ when the sawdust settles and the engine finally roars the thing you care about most is a job well done. ♪ but when you get your tools from harbor freight something about the job feels a little different - your wallet. because we believe no matter what you're working on you need high quality tools at a great price. and that's what we're all about. ♪ whatever you do, do it for less, at harbor freight. ♪ liberty mutual customized my car insurance so i saved hundreds. with the money i saved i thought i'd get a wax figure of myself. cool right? look at this craftmanship. i mean they even got my nostrils right. it's just nice to know that years after i'm gone this guy will be standing the test of ti... he's melting!

oh jeez... nooo... oh gaa... only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪

♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want,

all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. neil: a lot of people worry about the port strike saying it could delay a lot of things including presence in time for christmas was that's news for amazon, looking to hire out 1/4 million folks. lauren simonetti is not working hard enough. lauren: i started the christmas countdown clock. every mother says don't tell me there are 83 days until christmas. with that, amazon is getting

ready, 230,000 workers to help with those online orders. seasonal employees, access to benefits of healthcare. other top retailers hiring for the busiest time of the year, target, dick's sporting goods, bath and body works, you want a piece of the action, retail sales are expected to increase 2.3 to 3.3% and reach $1.6 trillion, according to deloitte but the price increases are coming from inflation and that's why the growth is 2% to 3%. as we started to book our airfare, a story about this, jetblue is cutting back, no longer offering you the hot meal when you are sitting in economy on an overseas trip. you get a cold meal, let's pull up the updated menu. you can get breakfast but it is chilled. cold. would you ever order breakfast

from that? neil: i really wouldn't. neil: few couldn't get your hands on the costco gold bars how about a platinum one? costco selling platinum bars online for just under $1100, they did a homerun with the gold bars, they sold $200 million worth of them each and every month. nervous americans want it to be a safe haven, hedge against inflation. gold prices hitting record highs recently but why platinum? i was thinking the price hasn't run up as much is gold, maybe they can make some money. it is used in industrial uses, jewelry, dentistry, but then i said there are those prepper's, end of the world people who go into costco, horde all the toilet paper even though it is impacting toilet paper, they have a silver coin, need a platinum one too.

neil: here's what's weird about it. a key element in catalytic converters. i think it has to do with cars. that is the big draw and i'm thinking something to hang your metallic hat on. the whole issue about jetblue, dispensing some meals, does anyone ever choose the one i want because they have great burgers. does anyone do that? lauren: i've never flown first class. business class, yes. appreciate it. neil: is not private it had better be -- >> of it is not vote pj, i know. neil: love you to death. you are a genuinely wonderful person, smart on this stuff. this guy is too. you might remember the century 21 ceo.

we learn how real estate is going in as you come up here talking about the latest mortgage rate news, sit back a little bit but we are not far from putting a handle on 30 year fixed mortgages. >> it would get homebuyer confidence up there. you've got 80% of existing home mortgages below that but mentally it brings more inventory. neil: my friend who is in real estate in florida, seeing more activity on the part of owners who are maybe i will do that. what do you think? >> mortgage rates are coming down from where we were last year, folks jumping in. 11% more offers that happen from last week this year or last year. on top of that 6% more homes in contractor than we did last

year at the same time. we see people coming in. home purchase mortgages up 5%. you think about it. on a median priced home you get $2600 of purchase power. neil: let me ask a question. this notion that the boom we've been seeing with lower rates is overwhelming for the time being. >> purchase mortgages. 5 weeks in a row. julie: are seeing a narrowing, not just refinance. >> you will see refinancing from people in the 7 range but it is absolutely getting more homebuyers into the market. with inventory spiking 37% from where it was last year in states like florida something like 65%, sellers coming back into the market making moves. if you are serious, this is a time you are coming into the

fourth quarter, mortgage rates and a great spot and serious buyers and sellers are in there, the holidays coming up. neil: i don't like to play politics, 20,000 -- i always think of that with student loans, you up how much you want them to lend, college raises its tuition. what will happen here? >> they were talking real estate and homeownership on the vp debate. it is a topic of conversation. needs to be. we don't necessarily need to create more demand. what we need to create is a supply, we are short 3 to 5 million homes in this country, we need to stimulate local governments, local developers to get more supply out there to bring more homeowners into the equation. neil: little strength showing in economic numbers, jobs a

report, whisper number, don't know what it will be, it doesn't warrant a continuing aggressive cut in rates. rates will come down but betting at the next meeting that they were cut half a point. that's a minority of folks feeling that way. >> i'd love to see rates come down, the magic number, thought that was a great day to the mortgage rate where it was when it was cut two weeks ago. that said, and industries that are out there, the more the rates come down the more you see jump in and price move up when that happens. lauren: 20 great seeing you again. with regards to what you think happens on rates, the november 6th meeting wrapping up the day after the election, betting for another quarter point, not a half point cut, we will see after this.

♪ when you're in the military you're really close with your brothers and your sisters that are in the military with you. and when you get out of the military, you kind of lose that until you find a new family. we can talk about our struggles and the things that we did overseas and not everybody can do that. adam! how's it going, brother? we live pretty close to each other. so he's always coming over. when i go to jack's house, we watch a lot of football, hang out. we go outside the friendship has kind of grown into a family i was overseas on a deployment. i got separated from my marines and i got hit in the neck, and it broke my neck and paralyzed me.

14 years ago, i was on a training mission. did a military freefall, and i had some faulty equipment. i hit the ground. going, 30 to 40 knots and was instantly paralyzed. i met jack fanning when he invited us to park city, utah, through his foundation. i was able to actually get on the mountain and ski with my family, i can't put into words what that meant. i got paid in the military to do crazy fun stuff. and after my accident, i'm still that same guy. and when i was able to jump out of a perfectly good, helicopter, at 10,000 feet, i did it. i was talking to some vets last week amazing how we have these houses where they can come over because they■re in chairs too. carpet and wheelchairs don't mix very well. tunnel to towers, they got rid of all that. they redid my whole bathroom. that's probably the favorite part of my house. ..

but the surprise to me was they paid off the entire mortgage. when they told me they're going to pay off my mortgage, i cried. please contribute $11 a month by visiting t2t.org now

what the biggest companies deliver is exceptional customer experience. what makes it possible is unmatched connectivity and 5g solutions from t-mobile for business. t-mobile connects 100,000 delta airlines employees. powers tractor supply stores nationwide with reliable 5g business internet. and helps red bull revolutionize coverage of live events. this is how business goes further with t-mobile for business.

neil: i want to relay to us selloff in the semiconductor chip makers, raining on the nasdaq and it concerns this north carolina situation in the flooding going on it apparently it goes back to a tiny little town, spruce pine, north carolina which is responsible for the production of quartz, affected up your form of quartz that this is flooded and shut down and used essentially, that mine is responsible what is found in virtually every cell phone, laptops, computers. that could be in short supply or delay getting the supply, weighing on the chipmaker. it's a reminder how what happens in one regioca