tv Cavuto Coast to Coast FOX Business October 25, 2024 12:00pm-1:00pm EDT
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you've got a choice, 6, 10, 14, 18 years as the capital of the united states. ashley, your first. lauren: i want to do a max. connecticut. i'm going to go with number one, six years. >> i will go ten years. stuart: madison. madison:a little time. i will go with six years. stuart: i will go if 10, number 2. i got it right. thank you. you got it right. 10 years from 1790 to 1800, philadelphia was the capital, before than it was new york city, 1785 to 1790. that is it for "varney and company" and in a moment stay tuned, mark cuban will be on with neil, three seconds to go. it is yours. neil: reviewers are so excited to have him on so we will get
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to that soon. in the battle of billionaires you know about elon musk and all his attention to donald trump but they are not all in the trump corner. mark cuban speaks bluntly and the clearly on behalf of kamala harris who he admits is not good at marketing her message but the underlying message is but a good, we will talk about that and we want to give you the latest on what the campaigns are up to 11 days to go, let's start with mark meredith in michigan with what donald trump will be planning. >> reporter: good afternoon. donald trump is making two stops in michigan, wanted and one tomorrow, gives the idea of how significant the state is going to be in their campaign's operation and we know he is also going to try to get his word out and all the battleground states. he was in las vegas for a rally with thousands of people, he appeared happy with the turnout and told the crowd he's feeling better about his chances than ever before.
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>> now she is imploding worse than him. she is imploding if you take a look because i'm not supposed to say it but we are leading by so much. >> reporter: the polls don't show a lead. according to the new york times a new poll out shows trump and vice president harris deadlocked. democrats are stepping up their attacks against trump even more. overnight we heard from trump's 2016 opponent, hillary clinton who says trump is trying to mimic not the behavior by hosting a rally at madison square garden, comparing it to an event that happened in the 1930s, in a group that was friendly towards it off at the, democrats held events at madison square garden since the 1930s but listen to what clinton had to say last night. >> it may be a leap for some people and a lot of others may think i don't want to say that, but please open your eyes to
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the danger that this man poses to our country. >> reporter: trump team tells fox they view clinton's comments as disgusting and a sideshow in the campaign. moments ago we heard from speaker of the house mike johnson as well as mitch mcconnell coming out with a statement as we of them together defending trump urging harris not to keep calling him a fascist. a lot of focus on the wording being used in this campaign, trouble be here in michigan later this evening and the race is on between now and election day. neil: thank you. great reporting as always, mark meredith, fair and balanced, what the harris team is up to, jackie heinrich following the in houston, texas. that i hear texas? what's going on? >> reporter: you heard that right, no democrat has won a statewide race in texas since 1994. harris has virtually no chance
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of winning here, trump leads her by 7 points and the latest polling but she hopes coming here to put the spotlight on the state's restrictive abortion laws will mobilize voters in swing states where abortion is on the ballot, states like arizona and nevada. harris is taking a page out of trump's bookmaking appearances in a state that is reliably in the other party's column to generate headlines and reach big audiences but the message she's leaning into in this final stretch talking about january 6th, threats to democracy and abortion appears to be more about people getting who support her to the polls rather than appealing to undecided voters. a fifth of whom say they still don't know enough about her. ahead of this trip to a border state she dodged a question on immigration. >> construction of the southern border wall continuing your administration? >> my highest priority is to put the resources into ensuring that our border is secure.
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i've been very clear i will bring backup as president the bipartisan border security bill and make sure it is brought to my desk to be signed into law. >> reporter: yes or no question answered with an answer about trump rather than yes or no. faced with questions about these top voter concerns for the undecided like the economy and immigration her answers are often thin. she plays it safe and talks about trump rather than what she would do if elected. >> kamala harris spent $1 billion and nobody can tell me the three things she would do if elected president. she can't answer that question. you've got the swing states that are key for whoever will win, where are they going today? nothing to bring people home. >> reporter: harris heading to texas is a bit of a gambling strategy but beyoncé is set to join her onstage tonight. if that ends up happening at of the night ends with an
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endorsement the campaign will see that as a win. neil: going to texas, the reddest of red states might see a little unusual but there might be a strategy here. mark cuban with no, very savvy businessman who became a billionaire from nothing, big backer of kamala harris. always great to have you, thank you for taking the time. do you think there's any strategy to going to texas? i understand with beyoncé and all that, she has a lot of celebrities backing her, your slippery billionaire yourself. is it wise this close to the election to, as some of her critics in the democratic party say wasting her time there. >> where you do an event is less important because of social media and digital media in general. everything is going to get
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sliced and diced and put online and people will scroll and see it. where she does it is less important. stuart: let me ask about some of the things she said that ryle a lot of folks, pounding this fascist thing about donald trump. speaker mike johnson and mitch mcconnell saying she should end this kind of rhetoric saying the vice president may want the american people to entrust her with executive authority but she must abandon the irresponsible rhetoric that endangers both american lives and institutions, they are saying she went too far. do you think constantly referring to donald trump as a fascist goes too far? >> no. he called kamala harris a marxist, communist, disgusting, not intelligent, etc. etc. etc. . the man is the king of name-calling. if you call everybody a name you better be able to take it and i can't help it if he's not able to stand up to her. neil: what they are referring
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to, the two attempts on donald trump's life come at a time when things are pretty tenuous, that only feeds the negativity, the volatility. do you agree? >> it is hard to say. when you have two idiots that we don't know why they did what they did and it was terrific what they did you could make the argument that if donald trump tamped down his rhetoric it with the easier to say the same of her but he keeps and paying it up. you never want to see an attempt on anybody's life particularly donald trump but it goes both ways. lauren: 1 happened between you guys, you used to speak highly of him and he of you. where did it go wrong? >> i don't think it went wrong. if you wants to go to dinner, and we hang out, he's fun to hang around, has a great personality, charismatic but he was a lousy president and will be a worse president this time,
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has nothing to do with personality. it has everything to do with ability. stuart: you never know what he's been saying about you since, mark cuban is a loser, wrote this on truth social, wouldn't take his phone calls anymore at the white house, he went rogue, weak and pathetic bully, has nothing going, really low club speed, total -- non-athlete, what did you make of that? >> i don't care. he amps up rhetoric all the time. that is who he is. he wants to be divisive, to be denigrating. i cannot drive him all day every day and he can come to one of my classes in terms of that but bigger picture it doesn't matter. i'm not running. the fact that he gets all amped up and finds they need to come back at me, that tells you his ability to focus, tells you how much time he spends on policy and trying to learn things and that was the underpinning of
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why i stopped supporting him in 2016. the more i talked to him about policy the less engaged he was. the more i'm asked what he has been learning that there was always a nonanswer. you can't find a time where you say that was a nuanced position or conversation with donald trump about this or that policy. it's always just talking points, soundbites, no depth at all ever so he has to resort to truth social posts. stuart: you are not a fan of those posts. your take -- he is got the backing of half the american people so a lot of them see these flaws or whatever you call them and his mannerisms and his temper and all that, maybe they see some of the dangers if he comes to office that he would be vindictive, we don't know but are you saying if he were to become president, some in your party have said, don't even know if your democratic or republican, they
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would leave the country. is that a little crazy? >> that is a little crazy. republicans tell me in texas of kamala wins they are leaving the country but listen to what donald says. mass deportations, showing up and doing checks on the street to see if somebody has their papers, talked about the enemy within and going after american citizens, no care for freedom of speech, wants to take the license of cbs even though cbs doesn't have a license of their affiliates do. that is just who he is. he doesn't get into any details so it's going to engender a lot of extreme responses. neil: your candidate engenders some extreme responses. and the harris team are not great sales people.
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the contents didn't matter to them. they will bother you. on the flipside we've dealt with salespeople who maybe aren't salesy in that regard but the content and product and service is great. that's the difference between the. donald trump isn't about content. he is not about substance which kamala harris is. donald trump is going to sell, sell, sell and more power to him but the good news is kamala has a better product so she doesn't have to be as relentless a salesperson as donald trump is. lauren: when a lot of americans are polled pulled on the candidates as you know better than anyone, they longer for the days of donald trump at least the first three years of donald trump. covid, everything was offkilter then and there's been criticism
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how he handled covid and you are among those but they miss those days, the low-inflation, the soaring job growth even though joe biden has had pretty soaring job growth himself but are they getting it wrong when they are leaning to that are they missing something? >> they would turn around and say you are missing something. >> i think they are missing a lot. we had more death in the military under donald trump, we had riots under donald trump that he refused to take response ability for, when he tried to take some responsibly, his line was when the looting starts the shooting starts, he wasn't trying to diminish that at all, we had january 6th, think about it, the person closest to him in office, mike pence people were chanting hank mike pence. of some was chanting hank neil cavuto i would do anything to help you and i'm assuming you would do the same for me. if he's he doesn't have the character to stand up when somebody is screaming to hang somebody. that's just wrong. you can't just dismiss that, you can't dismiss him saying he wants 10,000 votes from georgia, you can't say
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dismisses the fact when there was a bombing, syria or erat, 200 service people were injured, many had traumatic brain injuries and he said they are just headaches. i could go down a long list of things people don't remember. people are trying to live their lives on a day-to-day basis, no one expect everybody to do a detailed analysis of his presidency but that is overcoming a lot of judgment. stuart: the said ministration criticizing anyone on foreign policy, soldiers, debts, in light of afghanistan and that horrendous pullout -- >> afghanistan was horrific, no question it was terrific but when you look at the actual numbers fewer people have died, american soldiers of died under joe biden than under donald trump and that's just a fact. it. 20 let me step back and get your sense of tariffs. a key part of donald trump's
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new economic initiative if he gets back in the white house is to slap severe, huge tariffs largely on china the likes of which we've never seen. i know kamala harris has been critical of that but by and large the biden administration with her have kept most of the tariffs that were in place under donald trump. >> let's look at that. during the trump administration he got his butt kicked by china in the trade war, soybean farmers got destroyed and in any event in terms of the tariffs, before he left office the first thing that happened was the tariffs from china went down from 25% to 15% to 7.5% so those tariffs that were kept were at a lower rate and far more strategic and then the tariffs with the eu, joe biden signed an agreement treaty with them saying there will be no directional tariffs for five years. it is true that there were some tariffs that were kept, most of
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the more strategic and in some cases i've always said strategic tariffs are grades, evs and steel and other things, he increased those. no one is complaining of donald trump wants to do strategic tariffs, the fact that he wants to do across-the-board tariffs, what people don't realize is the things you purchase for christmas, we are getting to the point we are looking at christmas presents, fast forward a year, if donald trump institute to 60% tariff on imported chinese goods most of those presents you are looking at buying are going way up, 60% or more. not only do you purchase less and kids don't have the christmas you want them to have but small business, large businesses suffer even more. when their business is declining 1/4 of their entire business, they are going to get crushed and it gets worse from there. when you look at tariffs there's always retaliatory tariffs, china came back and
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said tariffs, farmers who want to export soybeans, farmers were -- neil: you are worried that gets under control. he disagrees with that but let me ask about mixed messages we get even from kamala harris. you wanted to clarify that she will not raise the capital gains tax. she's raising a lot of other taxes on corporations and the rest and she says she will spare those who make $400,000 or less but the fact of the matter is she's targeting the rich, people like you because she argues people like you don't pay your fair share. that's got to trouble you. >> no. let's go through. what she is not doing, she's not going to do a tax on unrealized capital gains. that was in joe biden's budget, it has never been proposed. it was wrong when he put it in, still wrong, it's not going to happen.
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2, she said she's raising the capital gains tax to 28%. i can live with that, that won't change anybody's behavior, corporate taxes -- neil: maybe not for you but you don't think someone who sees a tax on an investment or real estate now suddenly up to 28% it might be just a blink for a billionaire like yourself. it could make a big difference. >> it's not a tax on an investment. it attacks on your gain when she see reach a certain threshold, you've done really well if you've reached a threshold where it is tax 28% so we are not talking about -- julie: doesn't matter if you are rich or poor, if you are taxed at 28%. >> no. if your under the threshold your rate is not going up, it is not. lauren: 1 about the fairness thing, the fairness issue keeps coming up and for the life of me, i've heard this for decades
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covering this issue that the rich aren't paying their fair share. i remember bernie sanders talking about the top or a was 90%, we are long way from that, down to 72% and 40, wherever, 37 is that operate and i'm just wondering what do you think is a fair take for the rich to pay? >> it's contextual. when our deficit is where it is you need to charge more. if we get the deficit down lower the deficit is been dropping the last three years, percentage of gdp dropping the last three years, if we can get it lower, i can make an argument there is no reason to raise them but that is part of reducing the deficit. neil: on this race a lot of people wonder it is close right now, no idea how the election will sort out but kamala harris were to lose do you think she would accept that defeat and concede the election? >> one hundred%, no question. neil: do you think donald trump
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would do the same? >> no chance at all. no chance. none. neil: they have batteries of lawyers, each side, a coiled spring to pounce whatever the results are. >> one trust the rule of law, the other one does not trust the rule of law. neil: your sense is kamala harris even if she lost a close election would acknowledge that and since she is the vice president she would have to put the finishing stamp on the electoral college vote and she would agree to do that? >> at stuart: hundred%, no doubt in my mind. neil: turn around and see if she gets elected president, what cabinet position will mark cuban have? >> absolutely none. i don't want one. i don't work for the government. we are changing healthcare. that's one of the great things about kamala harris.
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you heard her talk about pharmacy benefit middle men taking a hammer to them, transparency which will reduce cost of medication for families and households for 30% or more. i could have more of an impact on healthcare in general than -- doing what i do as an entrepreneur as opposed to working for the government. neil: you wouldn't have any lawn must role in the trump admin a straight and, i think donald trump said he's cost cutter. >> even -- to me i would follow the law and say if i wanted a cabinet position which i don't i would have to do best everything i'm doing and i don't want to do that. i don't see how you lawn has a cabinet position or real position in an administration because of all the conflict of interest he would have. i don't see how that works. in the past even with donald trump i've been an advisor. i helped him, helped peter
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navarro find a company united states, helped to donald trump when talking about healthcare and getting rid of the aca. i pray that he's not president, but i will do what i can to help my country first, second, and last. neil: always a pleasure seeing you, don't make yourself a stranger. mark cuban. when fbn started we had virtually no viewers. he would come on and talk to us, sometimes we would lie and tell him there were many more watching than was a fact. whether you are republican or democrat, that's a bold thing to do. a little more after this.
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are federally tax-free and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. lauren: 1 happened between you and donald trump, you used to speak highly of him and he of you. where did it go wrong? >> i don't think it went wrong. you wants to go to dinner, have a drink am i will drink, he's fun to hang around, great personality, he's charismatic but i think he was a lousy president before, he will be a worse president this time, nothing to do with personality. lauren: 1 to charlie gasparino think of that, he knows mark cuban very well, knows donald
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trump very well, what do you think? charles: i know of elon musk very well, never met the man but i will say this but i really like mark cuban personally. i think he is out of his mind in his assessment of donald trump's presidency. if you rewind the videotape, literally, might have been on your show back in 2015-16 mark cuban predicted a market collapse if donald trump became president, said all his policies, particularly trade would lead to armageddon, that he is particularly unsuited for the office because he's crazy, goes off on twitter and does this stuff. who knows what might happen to the world, there might be awash in flames under donald trump, guess what happened? just the opposite and i think mark would be on much firmer
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ground of he said i just don't think donald trump has the temperament to be president, he says some the stuff, thin-skinned, you are on firm ground with of that. i don't like what he did on january 6th but when he starts empirically rattling stuff like donald trump was a lousy president when all market indicators, economic indicators, global indicators, no wars russia was not invading ukraine, we weren't running out of afghanistan with people hanging off the plane, you say he's a lousy president, you're on thin ice. it is also stupid and when he says it is okay to call donald trump or not to. or fascist, let's be clear, mark needs to crack open the history books. what exactly is fascism. it is literally, as was
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formulated by adolf hitler and benito mussolini and francesco franco and a few others a mode of government, economics where the government tells big business what to do and directs big business into doing these things based on what government feels is the national priority. that is not trump economics. that is much closer, not saying totally identical but close to -- neil: you have a double standard on name-calling, my friend, he can go ahead, donald trump and call kamala harris low intelligence idiot and she can't come back at him and make criticisms or is it the fascist thing that sticks with you? >> i'm talking about the fascist thing, that's a specific thing, comparing donald trump to hitler, donald trump is not calling kamala harris -- yes, he uses name and i don't like name-calling
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generally but -- neil: i like it when the name-calling is focused on you, then i'm all for it. charles: the problem mark has in this is hunting him, he has come don't know what sparked it but he developed some really specific animus to trump somewhere along the line where it sort of just models his brains and he says things that aren't true. it is not true that trump -- just not, he's not a nazi. is not a fascist. he is quite the opposite. kamala harris, no offense, can't articulate the economy. tell me -- who is stupid? harris: you are bothering, you are talking too long so i have to end it but you are the best, always love having you on
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the highest it has ever been. the nasdaq is headed for its seventh week in a row. gary kaltbaum, what is going on here? >> you are getting the juices flow left has the lighting up like a pinball machine, that has been down, the taiwan semiconductor reaction has the semiconductors which have been pulling back recently getting going again and some anticipation when you've got five big guys this coming week that have been pretty dependable, google, amazon, apple, meta and microsoft and away we go and it is great to see because in this market new highs begets new highs and get things going. neil: speaking of new highs, nvidia keeps chasing those new highs, might still have eclipsed apple. what do you think of all that, the magnificent 7 looking more
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magnificent again? >> when you are a company that had 200% sales growth and you are down one hundred 25% sales growth year-over-year, your stock is going to perform and when you are ceo comes out who doesn't usually tout a ton and says demand is insane, nvidia, new highs, brings a bunch of things with it. there are some warts out there, the dow is down from 900 points 2,000 points. what i'm watching i have mentioned 500 times, the 10 year yield is back up from 3.6, to 4.2, in a little over a month, the cost of capital from the consumer to the biggest of businesses and that could eventually provide some head winds but into the end of the month and the election, nasdaq, that's where i love putting our assets so i'm a happy camper
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right now. neil: i don't know where you stand on the election, some have said of donald trump or to lose because most on wall street favor his policies and kamala harris's, i'm not shattering any news but that is how they feel but if he were to lose regardless how you personally feel about him that the market could giveback a lot of these gains, do you by that? >> yes, the last 2 or 3 weeks, with the edge going for trump, areas of the market have moved up nicely because of that and i say it specifically based on proposals. you have one with the trajectory, massive increase in government, government spending and government reach and gargantuan proposals on tax increases all the way down the line and they can sit and tell me it is only going to be a few thousand but trump tax cuts go
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by the wayside, that is going to have an impact and i think the market in the near term wouldn't like something like that and the hope is that she does win, the republicans win the senate which i do believe is the chock right now. neil: gary was talking about the backup and interest rates, 1010 year out of that, oil prices moving up, not helping anything. this would be a weekly gain for oil as well. middle east tensions rearing their ugly head. what does chris write think about it? the energy chairman and ceo, big player in the oilfield. what do you make of this, this advance, even with the slowing global demand. is that the middle east, inflation fears again? what?
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>> the middle east plays a role. thanks for having me. demand growth, growing over a million barrels a day this year and a million next year. i think us production has grown so fast the last decade or so, it has been a little bit of an overhang on oil markets, that may change in the coming years but today it still is. neil: play that out for me. we are still waiting for israel's response to the iranian missile attacks, no response yet, might wait until after the election. is that something you are closely waiting to see? >> we are. think of it. a different time, israel is probably about to have the largest military strike on iran ever, $150 if not for the american shell revolution, the size of american energy tampers down the impact of geopolitics
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so much more than 10, 20, 30 years ago but if israel strikes hard at iran and that puts at risk to be rainy and exports absolutely that would push the price of oil up. if it is a nothing burger and buffing happens, you will see downward pressure on the price of oil. neil: will watch closely, thank you very much. get ready for the world series which kicks off in los angeles as the dodgers take on the yankees. they are franchises that make a lot of money and ratings that go with this for proof. very financially appealing after this. ♪ clem's not a morning person. or a night person. or a...people person. but he is an
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these are more than just words. this is what we're all about. this is shriners children's™. because for more than 100 years now, shriners children's™ has been on a mission to provide the most amazing care anywhere. and guess what? it's working with more than 100 access points to care shriners children's™ able to reach more kids in even more places all around the world. when we need them the most their amazing doctors and nurses are treating kids in the u.s., canada, mexico, and latin america. and they're helping kids from more than 100 other countries too. and the best part? they're doing all of this regardless of a family's ability to pay. and someone else helps make it all possible. you. tú. you. tú. you too. it's true. you're pretty awesome. when you go online to loveshriners.org or call this special number with your monthly gift,
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you'll make a difference too. your donation large or small helps shriners children's™ do new research creates life-changing treatments, and provide burn care to kids around the world. every day, people like you give families like ours the hope and healing we need. and when you give your monthly gift of $19 or more. we'll send you your very own love to the rescue® blanket. it's a warm reminder of the incredible things you're making possible, and that you're a part of something special. because no matter where we come from or what language we speak, every kid deserves the most amazing care anywhere. so how can you help? take a moment. call or go online to loveshriners.org right away and start filling our world with more hope, healing and possibilities.
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dy's pain pills would be that big of a deal. holding on to an old prescription? who cares? my grandma wasn't going to use those pills anyway. it wasn't a problem. our stories are different, but the outcomes are the same. you could save someone's life. it's time to take back your unused or expired prescription drugs before they end up lost, stolen, or simply misused. help keep our community safe and healthy at dea's take back day, october 26th. it's our son, he is always up in our business.
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help it's the verizon 5gsafe 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: los angeles dodgers stadium, the start of the world series, a major market team, fox is loving that. max gordon joining us with what is at stake.
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>> bicoastal battle on deck for the world series, fall classic taking place is going to cost a lot to attend but according to stub hub the average price of tickets for the world series is hovering around $1800 compared to the last world series, the diamondbacks take on the texas rangers and the average price of tickets on stub hub around $884. >> do you think the world series is expensive? >> and the most we are willing to pay for world series ticket. >> 500. >> 750 depending on where you are putting us. >> when it comes to here we go.
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the top team payrolls in the mlb. the yankees taking the second spot, dodgers number 5. they would be a lot higher if it weren't for a $7 million contract, most of it deferred to the end. the most popular jersey by sales in the mlb snatching up yankees and dodgers jerseys, belong to a yankee or dodger. while we are talking baseball, at the end of the day the biggest fan of the singer adele, the biggest seats going for $900. i've been seeing some world series tickets for over $800. what would be your pick? neil: adele of course. come en. i love the yankees. what are you asking me this for?
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you are the best. love your reporting. a little nosebleed, you should just invest in art along the way, more than pay for world series tickets. the fact of the matter, fractional, here are startling statistics as impressive as stocks have been performing, 9% average return over the last 25 years, the same investment in contemporary art, that is amazing. how could people get in on that? >> masterworks allows anyone to invest in multimillion dollar paintings by more. we have a website, over a million people sign up and learn about the market for the first time and show lots of
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data, you can pick and choose different things to invest in so it's the first way to give exposure to this new asset class. neil: so you can do that on your side. >> on our website. neil: explain how that works. >> we purchase individual paintings between one, and $30 million, file those with the initial public offering and investors invest in the individual work of art, secondary market where investors can trade shares and eventually when you sell the painting you distribute them back to investors so it is similar, just for art. neil: this is limited to
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contemporary art so something more traditional is not part of your portfolio. >> interesting glee the most investable secret created after world war ii, it was created in the past 75 years. that's a segment we focus on. if you think of a lot of older artists like rembrandt those artists are still valuable today but not appreciating because they've fallen out of fashion. we focus on artists that are more in fashion. and encourage investors to look at those opportunities. neil: how does an investor track a portfolio? running quotes on how it is going, wait until the sale of a painting that you bought, and figured that out. how does investor keep track of how he or she is doing?
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>> we publish values of an investor portfolio similar to asset managers and a secondary market where shares are more readily traded so we watch how that is happening. neil: you have to wait every three months to see if people are biting their nails. >> it is different from the stock market. it is less frequent than that. most investors are interested in this asset class. public market that the s&p has returned 13% and in the next decade goldman sachs saying it could return as little as 3% so now a lot of people wonder what else they can invest in.
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it is an interesting area. neil: what is the minimum investment? >> we are a registered financial advisor, hundreds of investors every day, with portfolios just getting started, investors have multimillion dollar portfolios. it depends on the investor. we tell people to think about this as a low to middle single digit our location of start if you're allocating 5%, and as you get comfortable with the asset class you can grow the allocation. neil: love to have you back to discuss this more. everyone is talking about a new wave of all economic types. we will have more after this.
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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. meet the traveling trio.
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neil: wrapping up another week of trading good for the dow and s&p, not only to the downside in the case of the dow jones industrials the nasdaq in record territory. if it finishes up as it looks like it will it is the seventh week in a row it has done that. that's unusual for the nasdaq. a lot of people were shifting out of the magnificent seven technology stocks, this is flying in the face of that and investors generally have widened out their investments but haven't lost sight of the commanding attention of tech stocks. i've got brian brenberg in the big-money guys. brian: happy friday was on brian brenberg
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