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tv   Varney Company  FOX Business  November 20, 2024 11:00am-12:00pm EST

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care. to go further, you need to be ready for what's down the road. as energy demand continues to rise, we're harnessing breakthrough innovations to increase production in the u.s. gulf of mexico. our latest deepwater development, anchor, produces previously inaccessible oil and natural gas, allowing us to deliver the energy we all need today so everyone can follow their own road. that's energy in progress. investment opportunities are everywhere you turn. but at t. rowe price, we're letting curiosity light the way. asking smart questions about opportunities like advances in healthcare. and how these innovations will create a healthier world tomorrow. better questions. better outcomes. >> this is a greatest
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partnership between a president and inventor since george washington and ben franklin teamed up fur the american revolution. >> nvidia priced for perfection around 40 times earnings and 40 times sales. let's hope their earnings come in as hot as blackwell chip. >> geopolitical scheme if you will of china, russia, iran, and north korea. they're all taking notice that weakness and aggression of the biden administration doesn't exist under president trump. >> our purpose and job is to turnkey prices as low as possible. we'll do everything we can in the next few years to ensure we work with the administration and our suppliers. >> trump is literally turning the page, and he's challenging everything and everybody. ♪ ♪ stuart: i like that harmonious
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beatles. lauren: you like the beatles? never heard that. system of astuart: name the fou. >> ringo. stuart: don't help her. ringo star, paul mccartney, and george harrison. it's 11:00 eastern time. it's november 20th, two months exactly till the inauguration. markets, red ink dow off 20 and s&p down 28 and nasdaq just off 100 points and big tech all of them down. remember, nvidia reports after the bell and big tech investors getting worried about nvidia. as for the 30-year treasury -- sorry, the 10 yield. 4.41%. now this. it was sad and unnerving to see
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president biden leave the world stage like this on a six day trip to brazil and peru. it was a muted fair well. he rarely spoke if public and went to great lengths to avoid reporters. in the amazon rain forest, a large screen tv was set up for reporters to see him but a 50 feet away so he could keep his distance. frustrated reporters had to pose one word questions on note pads like ukraine? no answer. listen to how reporters begged him to acknowledge them while he boarded air force one. [ yelling ] >> mr. president, will you please talk to us? mr. president, will ewe please speak to the press. president biden, please, we haven't heard from you all day! mr. president! stuart: sorry, folks. i don't think that makes the media or president look good. biden said very little about donald trump, the man he called
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a threat to democracy. whose supporters he called garbage. he gr grimed and shook hands wih the president elect at white house meeting. that is it. sad thing is it's hard to believe the man that occupies the oval office is even capable of holding extended policy discussion, much less handle questions from the media. he didn't show up for g20 group photo. reporters could be overheard looking for him and finally spotted behind a palm tree. who's calling the shots at the white house these days? not the vice president. first lady jill biden? who authorized land mines for ukraine? who authorized the use of long range missiles to attack inside russia? we don't know and biden is not saying. he should have never run for reelection and never have stayed in the race as long as he did. it's obvious now he's not been up for the job for a long time. so what we have now is the sad end to a failed presidency. he still has the power of a president for another two months.
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that is unnerving. bringing in my league lisa boothe. lee s i'm sad to see the president go out like this. it didn't have to be this way, did it? >> no, it didn't but, you know, he chose this and the political left chose this and the media chose this as well. joe biden and his family and the left and every cabinet secretary that had meeting with him knew he was not up for the job. and the media knew that and they yelled at us saying we were liars for pointing out something that was so obvious to the rest of america. they called it cheep fakes and they deserved to lose this last election cycle and the american people said we've had enough. you've put this country through hell. we want a new direction, we want change and went out and voted for donald trump. now we'll have the change and it'll be a new day in america, and i feel very helpful about the future of the country. stuart: got it. lisa, trump added two more
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people to the cabinet, dr. oz leading center for medicare and medicaid services. wwe cofounder linda mcman nominated at education secretary. is the political world to some degree unnerved by the unorthodox picks he's made for his cabinet? are they unnerved by this? >> seems to be the the ones criticizing his picks are the ones that have ruined and criticized everything and they can kick sand. the media and the left don't get to dictate this process, and the american people turned out. this was a mandate for donald trump. he brought the house and senate with him. republicans have the majority in the house and senate because of donald trump. he should be given enormous amount of deference for the people he wants to surround himself and cabinet picks and republicans are making a grave mistake to not give him that and
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memove his agenda forward and donald trump is not on the ballot in the next midterm and if the republicans don't get on board, they'll realize that people didn't show up for them. they showed up for donald trump. he said that kamala harris broke t i'm going to fix it, and republicans should get on board and let him accomplish that job. stuart: he's going to steam roll his way through. that's the way it'll be. lisa, you agree with that. >> that's right, stuart. stuart: thank you, lisa. check the markets. i feel better with some red ink out there. down 75 on the dow and 120 on the nasdaq. mark tepper with me for this hour. do you think the setbacks from the nvidia blackwell chips, what we heard about the setbacks, will it hurt the stock this afternoon? >> talk about the expected move in the stock today. when you look at what the traders are bracing themselves for, they're bracing themselves for an 8% move in either direction. put that in perspective, that's
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a $300 billion move either higher or lower, which is the size of salesforce and abvee, which are the 24th and 25th largest companies in the s&p 500 to put it in perspective. expectations for nvidia are up high and stock up 200% year-to-date and blow through expectation and provide strong guidance and overheating issue withs the chips that could lead to shaky short term guidance and it's a timing event. as it relates to nvidia's valuation, some think it's expensive, personally i think it's very inexpensive. i think it's cheap. when you take a look at 42 times forward earnings, and you divide by the growth rate of roughly 35%, the peg ratio is slightly over one. compare to apple, apple is trading at about 30 times forward earnings. only growing earnings 10% into the future so their peg ratio is
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three. from my standpoint, investors are willing to pay for growth and once you factor in growth, you can't just look at pe multiples in a vacuum. factor in earnings growth potential, you'd ya is cheap. stuart: you think the thing is going up? or you'd buy it? >> i would buy on a pullback. put it that way. i don't know if it'll go up or down or shaky on the guidance for blackwell chip, if it dropped $300 billion, you bet your butt i'm buying some. stuart: what do you make between the relationship of president elect and elon musk? tesla's stock has been a power of good, that relationship. is that legit? a conflict of interest? >> they're besties now. they're attached at the hip. i don't think any policy trump could potentially put in place is going to hurt tesla. in fact, i mean, look at fact that he's expecting to relax rules and regulations on self-driving cars, autonomous vehicles where obviously one of
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the greatest drivers is the robodivision and that's going to help tesla. the stock is up like 30% or so sinces election. i don't know where it is as of today. it probably needs a breather but that relationship will help tesla. stuart: sure does. breaking in to give our audience this. right now, former top executive at ftx will not face any jail time. garret wong wrote the code that helped sam bankman-fried steal billions of dollars from customers. wong pleaded guilty to four charges including wire fraud and sentenced to time served. and three years of supervised release for each of the counts against him. he's the fifth and final ftx employee to face punishment. he's not going to jail. ceo of openai, sam altman, reportedly wan.
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madison, what's his plan because that's some competition. >> yes, sam altman is throwing his white behind a challenger of chip making giant nvidia and pitching openai investors to buy in to ring ai. altman is pushing $150 million second round of financing for reign ai. it's a high performance semiconductors. makes sense for openai ceo toking baa the competitor and nvidia has a mere monopoly on these types of chips with around 85% of the market share. they're the most valuable company in the world. that bag is not too big to attract other players to not attract competition. also, openai is buying tons of nvidia chips. meanwhile mussing is talking to nvidia -- musk is talking about investing in his company. nvidia will sell openai chips even with the musk partnership. but for a major supplier of theirs, openai, to be close to a
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different company and founder, musk, who by the way, doesn't like sam obviously, that presents business risk. there's a opportunity very powerful and very successful company and if this happens, reign ai around $600 million and altman gives rain ai more credibility and potential climate: openai. stuart: all kinds of movement within ai and chips. how do you keep track? >> this is the forefront of innovation and future of innovation, business, everything in america. stuart: cutting edge of innovation. >> i'll take elon over sam altman. i think i would. stuart: the jury is out. still ahead, the pacific northwest is being pummeled by a weather event. it's called a bomb cyclone. experts say the storm is as intense as a hurricane. we'll show you the damage as the sun comes up on the west coast. homeland security said the tren de aragua gang established
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footholds in 16 states and trump is committed to kick them out. we'll see how local law enforcement fits into those plans. and president biden just approved land mines for ukraine. he's also expected to send another $275 million worth of weapons to kyiv. are we laying the ground for peace talks with this? former ambassador to nato tells us next. meet the traveling trio. the thrill seeker. the soul searcher. and - ahoy! it's the explorer! each helping to protect their money with chase. woah, a lost card isn't keeping this thrill seeker down. lost her card, not the vibe. the soul searcher, is finding his identity, and helping to protect it. hey! oh yeah, the explorer! she's looking to dive deeper... all while chase looks out for her. because these friends have chase. alerts that help check. tools that help protect. one bank that puts you in control. chase. make more of what's yours.
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stuart: aran increasing stockpile of ukr uranium spoke .
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>> they've been enriching uranium and beefing up stockpile to the point they're closing in on the threshold for atomic bomb. here's matt miller. >> has the president made clear, the united states will ensure that iran never has a nuclear weapon. the iranian regime is amassing a growing stockpile of highly enriched uranium and there's no credible civilian purpose, and continue to not cooperate fully with the iea. reporter: a new classified report that was viewed by the associated press shows iran is inching closer to having enough weapons grade enriched uranium to have a nuclear weapon and the board of governors set to meet later to discuss the next steps. the head of the iea met in teheran last week and it's unclear what results that interaction yielded and now u.s. lawmakers focusing on
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legislation to push back against the regime including assassination plots including the incoming president trump and other american officials. >> this is outrageous behavior by iran. they are working with criminal organization ntsb united states to kill peel on american soil -- kill people on the american soil and the deterrence bill that senator ernst and i have is the effort to say there's already serious criminal penalties for gangs or criminals that engage in this behavior on american soil. reporter: the first interaction was meant to sort of suspended ands out on both sides -- sus out on both sides where there's ground to possibly gain how to push back on iran. stuart, you're welcomes and i have talked about this and the regime sending out these sort of
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olive branches since the former president got reelected hoping they can create some more synergy between the u.s. and teheran before january 20th. i don't think there's a lot of hope personally, but you never know. stuart: i think january 20th has them all nervous. jillian turner, state department, thank you and see you soon. former u.s. ambassador to nato joining us now. mr. ambassador, if iran make as dash for the bomb, how will israel and america react? >> well, during this transition period, i'm not really sure. i think president trump will hold iran actable for its actions and build ago nuclear bomb and actions of the proxies and it'll be direct accountability for iran and they know that and that's why they're scrambling to do what they can now.
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stuart: biden just approved land mines for ukraine and approving new $275 million weapons package and might get approval for that this week. looking at big picture of ukraine, are we setting the stage for peace talks and it'll be frozen in place waiting for trump, waiting for peace talked. >> well, i think we're setting the stage. thigh to seize what he can before trump is in office. biden administration finally coming around to giving ukraine some of the things they should this done long ago and helping ukraine withstand the new russian assaults in the transition period but everybody knows that trump is going to push for peace as quickly as possible and they're preparing for that when it happens.
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stuart: do these give bargaining chips if they do the land mines. >> that's not kind of the person that would work with putin. putin would see that as weakness and willing to take things off the table. this is what the biden administration did for years and props what we won't do. what you do is establish a position of strength and i think he understands who he's dealing with and someone responding to force and power and taking advantage of weakness. stuart: one more. donald trump just nominated former acting attorney general matthew whitaker to take your former role as ambassador to
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nato. any advice for him. >> first off, seeps like another great nomination on the national security side coming from president trump alongside marco rubio and mike waltz and advice is hannay toe is incredibly important to the united states -- is that nato is incredibly important to the united states and we get a lot out of it, but we have to get the europeans to do their share. i think president trump from term one to term two will have had three allies spending 2% of gdp on defense in 2017. it's 2024 now. we have to get it all the way up to 32 and when it comes to the future of ukraine, ukraine will be a secure european democracy. that's something the ambassador has to take care of. stuart: thank you, mr. ambassador. >> thank you. stuart: a new warning that chinese spies could be roaming around texas.
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ashley: fbi issuing a warning about chinese spies to wander around texas and hurt, intimidate and kidnap chinese citizens that fled to the united states. according to greg abbott, a chinese police service station located in houston. it's one of six believed to be operating in the u.s.. authorities say they are run by the chinese government and used to carry out, yes, threats, harassment, and even forcibly returning legal u.s. residents who are critics of the people's republic of china. there's more than 2,000 legal chinese calling texas home and won't stand for anyone that harasses texans on behalf of hostile foreign adversary and fbi urging victims of chinese harassment to come forward.
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remarkable. stuart: check the cryptos and bitcoin hit a new high and backed off to 93.9. this is a big crypto day as you can see from bitcoin. coming up, wait for t wait for it, wait for it, a banana, a singular piece of fruit, it's going up for auction. there it is on your screens. you will not believe how much they think it'll sell for. a banana. but first, large groups of migrants rushing across the border before trump gets into office. lieutenant chris showed photos of over 150 illegals caught on sunday alone. the lieutenant is next.
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stuart: dow down 120 and nasdaq down 183. people nervous about this afternoon's nvidia earnings. mark tepper is we me however and he has his own stock picks and starting with med tonic.
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it happens to be down a bit. >> yeah, the health sector is the worst performing and that's the rfk effect. i think investors are concern that had rfk will come in and disrupt the entire health sector and in actuality, there's going to be head winds for big pharma, especially if you're a vaccine maker. but when we're talking about heart valves and pacemakers, those are going to be under attack. this stock is trading at about 20% below its historical multiple. once investors realize it's not under attack, it could quickly relate higher and 25% pop quickly. stuart: next is home de-to the.. >> mortgage rates are north of 7% and that's challenging and it's leading to a healthy consumer.
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consumer discretionary done well since the election. home depot in particular over the course of the last several years, stu, consumer haves shied away from larger scale home renovation projects. rather than replacing your whole kitchen, you do the kitchen sink. i expect mortgage rate wills come down and donald trump built wealth in realize and knows value of real estate and consumers shift back and engage and home depot goes up. stuart: sports bet asking outlawed in texas. i didn't know that, but it is. a new study showing if you legalize it had in texas, there's a big payoff for the state. you have numbers, madison? >> i do. we're talking big bucks and new study estimates that legalized sports betting could generate over $360 million in direction tax revenue for texas and would also add $8,000 jobs. doesn't end there.
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the report also estimates that texas would see $2.6 billion annually in economic output. so texas is one of 11 states that still doesn't allow sports gambling. vast majority do. but texas was also the host state for the jake paul/mike tyson fight on friday. that was the most wagered fight that sports books have seen and all that gambling had to happen outside of the state of texas and they don't allow it there. the dominoes, they keep falling. missouri was the latest state to legalized sports gambling on election day and it's a matter of time before we see it across all 50 states. stuart: there's a lot of money at stake. >> there is. stuart: case closed. los angeles city council voted unanimously to become a sanctuary city. jeff paul joining us. california is a sanctuary state and why do they make this claim
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now. >> they've been one since 2016 and la making this practice. however, the city council's unanimous vote to make la a official sanctuary city sends a message. the law was proposed early last year so it wasn't a direct response to trump's election win, but it signals support for the city's large migrant population, especially as the incoming president and policy carry out mass deportation. they agree to forbid city resources and employees from being used and federal immigration enforcement shows strong resistance to trump and his proposed policies. >> if we know anything about the person that just won the election, we know that their bark is their bark and their bark matches their bite >> going for them undocumented and
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>> the law doesn't stop the federal government from coming into cities like la to carry out deportations and does make the job and makes it a little more difficult. city employees including local law enforcement and city property can be used to investigate, site, arrest, hold, transfer or detain any person for the purpose of immigration enforcement. tom homan said the idea is re-deck louis and will only further endanger communities. >> if they won't give using us access to the jail, less agents for the community and pushing back, means more agents in the community so they're hurting themselves. >> governor gavin newsom called for a special legislative session to trump proof california laws.
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stuart. stuart: got it. thank you, much, jeff. is annona migrant surge imminent ahead of trump's inauguration? border patrol reporting large groups of migrants showing up along the southern border. texas lieutenant chris -- department of safety lieutenant chris oliveras joining me now. did you intercept a group of 150 migrants on sunday? >> yes, good afternoon, stuart. we're seeing the smaller groups and it's been consist since the start of the year and happening every single day. this particular group that we were able to happen re-henned on sunday was over 150, and this that group, we're seeing more of the unaccompanied children. there were 20 unaccompanied children and six immigrants from afghanistan, special interest ones. coming across anyone from adversarial countries from the middle east and africa, raises red flags because the individuals, we don't know why they want to come to the jung,
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where they're going to end up and what their background is because of current vetting process. these smaller groups especially in eagle pass, texas, area and with the groups, more unaccompanied children and more special interest immigrants we've been seeing and consist throughout the year. stuart: the 150 people you intercepted are in america now. they stay? >> yes, that's the reality of the situation we've been dealing with for the last four years and even more so now before january 20th, we'll have smaller groups and we could anticipate a larger group in december or january. december has been the busiest month on the border so we're not out of the clear yet. as i mentioned, we do see these smaller groups and we apprehend them and send to border patrol. if we can arrest them for a state charge and take them to our jail and place them in jail but for the most part, a lot of these apprehensions are turned over to border patrol and get processed and released into the country.
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stuart: this tren de aragua gang is operating in 16 states. when you find out who they are in your area, are you going to arrest them? >> absolutely, stuart. governor abbott made is clear we have zero tolerance for the dang and tda gang and governor put other efforts in place to track down tda and designated at foreign terrorist organization in texas and also offering a cash reward up to $5,000 for anyone that provides information that leads to the identification and arrest of tda members in texas. we are are a law and order state and we'll continue to track down this violent gang and arrest them and hold them accountable for their actions. stuart: what role will the military have in the deportations? >> you know, that's a good question, stuart. right now even military on the border and has been for years now and even more so now. what they usually dorks the federal -- as far as federal soldiers on federal orders and
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helping border patrol gather intelligence and monitoring cameras and moving forward, there's a military in a more strategic manner and place them on the border like the national guard soldiers in texas and it's a phenomenal job in protecting our state and securing our border. use them to observe activity on the bodder and monitor cameras and also provide security at some of these detention facilities as they carry out the mass deportations, and even help process and alleviate some of the federal resources and get the agents back out to the field. stuart: lieutenant, thanks for be withing us. got to go. important news announcement we've just got. see you again very soon. here it is, this just in, illegal migrant jose ybarra found guilty in the murder of laken riley. judge found him guilty on all ten charges. laken riley was a 22-year-old nursing student at university of georgia. ybarra killed her when she went out for a run last february. we're awaiting his sentencing. he faces life behind bars. coming up, trump picked wwe
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cofounder linda mcman as education secretary. leo terrell is a former teacher. we'll see what he thinks of the pick, and you know leo, he doesn't hold back. president trump will be inheriting a national debt that just hit a record $36 trillion. will trump's economic plan reign that? ? the report from washington next. ♪
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licensed humana sales agent will explain your coverage options. even help you enroll over the phone. call today and we'll also send this free guide. but now is the time. the annual enrollment period ends december 7th! humana. a more human way to healthcare. stuart: look at l chip makers, they're all down. nvidia report this is afternoon. chip makers down in advance of that. student loan services reportedly pulling incorrect payments from borrow's bank accounts. ashley, how did it happen?
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ashley: good question. automatic payments are a convenient way to not make a loan installment, but apparently can backfire easily according to the consumer financial protection bureau and says auto pay mistakes are the most widespread basic and consequential errors reported among those that took out student loans and includes money pulled from bank accounts despite the customer never actually consenting to auto pay. other users saw incorrect amounts taken or charged multiple times in the same month. in some cases, those errors by the student loan program have left bar rowers but not enough money to cover -- borrows but with not enough money to cover major bills much the system has been plagued by problems that have harmed literally millions of borrows and can't get their act together. stu. stuart: got it. thanks issue ash. now this, dozens of state financial officials are sounding the alarm about national debt.
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hillary vaughn on capitol hill. what are they saying? reporter: the national debt is so large they're calling it a national security threat saying the course that we're on, these three dozen state financial officers warn congress it's "un-suses tianaable, eric connell and dangerous". our debt is $36 trillion and counting to put the problem into bite sized portions. this is how bad it is. the u.s. government collected $4.5 trillion in taxes but the government spent $6.3 trillion so we're spending trillions more than taxes can pay for every year. and this debt is not interest free that we're accumulating. so the government is also spending a huge chunk of our taxpayer cash to just pay off interest on the debt that they're accumulating. interest in 2023 cost over $1 trillion. that's more than what the government spends on medicare or what the government spends on our military.
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>> the u.s. has a debt problem. debt is roughly 100% of gdp. $36 trillion on a trajectory that will send it ever north ward reaching 122% of gdp in 2034 and continuing north. that is literally unsustainable. reporter: plans to try and root out the waste in government might go beyond just trimming the fat. >> we have a president that has assistance about cutting $2 trillion in waste and at what points inare we cutting into bod marrow. reporter: that's a good point and spending $2 trillion every year taxes can pay for. if we want to balance the budget, $2 trillion needs to be cut from somewhere perhaps getting rid of waste and fraud and abuse is a good place to start. stuart. stuart: not a bad place to start. thank you, hillary. now, ladies and gentlemen, i'm
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going to change the sixty completely. look at this. it is a banana duct taped to a wall. it's headed for the auction block. is this odd? please, tell me. is that odd? >> yes, it's art according to to some of these it's art and will go for a lot of money. stuart: people are interested in buying this? >> absolutely. let me show you the numbers. it's being auctioned today and piece is titled comedian and has estimated price of $1 million to $1.5 million. someone will pay over $1 million for a banana taped to a wall. it's a conceptual piece because anyone can do it. it deb debuted in miami in 2019d sold for $120,000. this piece rose in value by 733%. this conceptual piece and truly you and i would make this and someone will pay over a million for it. stuart: incredible. all right. tepper, which would you rather
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have. the taped banana for $1.5 million or 1.5 worth of nvidia stock now? >> this banana, investment like that has quite a bit, i mean, it's got a lot of peel. it's got a peel, get it? stuart: pathetic. >> obviously nvidia and this is nft craze like in 2021 and people selling the digital pictures of rocks and apes for a million and reaching state of national exuberance and take the chips off the table. >> on your screens now and think of our show this week? stuart: what do you think, folks? send your thoughts and ideas to varney viewers.com.
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now this, al sharpton going after donald trump's cabinet picks and says the most alarming part of that is that none of his picks are black. we'll see what leo terrell has to say about that. lee yo is next -- leo is next. ♪
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stuart: the latest on the bomb cyclone hitting the northwest and once in a decade storm. one person dead and over a half million people without power. 16 inches of rain and winds up to 75-77 miles per hour and that's an equivalent of category 1 hurricane. there's this, trump tapped former wrestling executive linda mcman to run the education department. leo terrell joining me now. he's a former teacher. leo, what do you make of that pick? >> excellent choice, because linda is going to demolish, december mantle the department of education. education is a state issue, stu. but before she does it, the congress is working on a federal school choice b bilin data
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committee needs to do a couple things. get federal dollars and eliminate dei, critical race theory in public schools and two, make sure title 9 protects women versus men in sports. in men playing women sports and more importantly, title 6 of civil rights act needs to protect jewish students and all students on campuses from anti-semitic hate and that's what should be done before this is returned to the states. stuart: i think that's exactly what she wants to do. next one for you, leo. al sharp ton, the reverend al sharpton blasting trump's pickss and calls them troubling and most alarm asking that not a single candidate is black. leo, is that a fair criticism? >> absolutely not. i'm sick and tired, for 40 yeas this man played the race card. look lawler it got us in the biden administration. incompetency as press secretary,
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incompetency as vice president and race card doesn't measure competence. judge someone by the character of that person's skills and in the by the color of their skin. al sharpton is a dinosaur. he profits from playing the race card. president trump is picking the most qualified, most competent individuals. he has hundreds of apts to make, but al -- appointments to make but al sharpton wants to be relevant and he's irrelevant, stu. stuart: al sharpton's nonprofit organization got $250,000 from harris campaign because he'd given a softball interview on msnbc, quarter of a million. >> yeah, that's the thing. he profits from playing the race card. $250,000 for a softball interview because they have something in common. they play the race card in the democratic party. stu, i left the democrat party because in 2020 joe biden said if you don't vote for me, you ain't black. the democrat party is playing the race card and saw the results in the election, blacks,
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hispanics, catholics, jews, they voted for trump because he represents the american people. stuart: leo terrell, we always know where you stand. no messing around. leo terrell, see you again soon. good to see you. >> thank you, stu. stuart: here we go, it's the wednesday trivia question. goodness me. in terms of distance, how long is a light year? 5.8, 6.8, 7.8, 8.8 trillion miles? the answer when we come back. ♪ ..
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neil: in terms of distance how long is a light year? you went to yale, you should know this. >> i will go with 7. 88 trillion miles. >> 6.88 trillion miles. stuart: okay. that's fair enough. 8.8 trillion miles. what the answer? we are all wrong. that's how far light can travel in 12 months. haven't got room for this. we will handed over to neil cavuto. it is yours. neil

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