tv Cavuto Coast to Coast FOX Business December 4, 2024 12:00pm-1:00pm EST
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watching the trivia question. is it rob does it, fine producer. fine selection of these trivia questions. i think that i better do a final quick check of the market because i want to confirm we're in the green all across-the-board and we are. i don't know how the market closes today but right now, after across the board and we, i don't know how the markets will close but after couple hours of business we are up 230 on the dow and the nasdaq, 187 points. charles payne has all sorts of, the guy who runs ai, sam altman is on that show. our time is up. neil cavuto, it is yours. neil: we are getting things
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trying to piece together on the killing of the united healthcare ceo, brian thompson ran the largest vision of united health group. he was killed in midtown manhattan. we do understand they have tracked the assailant to central park where they lost sight of him. there are 20 security cameras for every block so it was not a surprise we would get images showing the shooter and seem to be a concerted attempt to take out the ceo, this wasn't a random attack. elsewhere we learn the tree lighting, a big event at rockefeller center is still on tonight and that is a couple blocks from where this went down. lauren semimoetti has more.
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>> reporter: this was at 6:40 this morning new york time, he was shot while standing on the sidewalk outside his hotel. police said there were gunshot wounds to his back and leg, he was taken to the hospital. he was pronounced dead at 7:twelve this morning. police are searching for the suspect, wearing a dark mask and distinctive backpack. police say the suspect arrived 5 minutes before thompson did. he approached thompson from behind. the new york city police commissioner says this was a targeted attack. listen. >> i want to be clear, every indication is this was a premeditated targeted attack. millions of people will be enjoying the tree lighting among other holiday events and the nypd will be out there with
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them keeping them safe. lauren: authorities say the motive is unknown but brian thompson was specifically targeted and they are working to find out why. he was on a city bite, it has gps, they are trying to track it but brian thompson, 50 years old, veteran at united health, the company saying in part brian was a highly respected colleague and friend to all who worked with him, we are working closely with the new york police department and ask your patience and understanding during this difficult time. our hearts go out to brian's family and all who were close to him and this is happening during the holiday season, the tree lighting will go on later tonight and there will be increased police presence. neil: may be a million in manhattan. the former commanding officer
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of the police department legal bureau really good at piecing together incidents like this, is it safe to go ahead with the tree lighting since this teamed to be a targeted attack on the ceo? >> i would agree this seems a home then specified attack, tree lighting has a ton of security at work, there's a lot of security overlays you don't see. if you call it off or something like this you would have to call it off almost every year. this is more dramatic but there's always things going on around midtown. the tree lighting will go forward and i'm sure there will be heavy security. neil: i think you were mentioning 20 security cameras,
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and i am saying his. >> it's going to be a lot of video. it's a little bit of a blind spot, the bike is a vulnerability. and it is a he, and he runs through that cut through, he knew that was in the air, he acquires the bike. the bike make things difficult for the pd but it's of vulnerability because it is a city bike. there's other possibilities here, a lot of digital investigation regarding this guy's for light. neil: at 6:45 in the morning. this guy was waiting for him.
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what do you make of that? >> seems like the data point he was working off of his the convention and not where the victim was staying, the victim was staying in a different hotel likely across the story. he was waiting outside the convention center. that would point me toward the idea his means of access where the convention center. the other thing is whether or not he changed clothes. why is he carrying that backpack since he has to leave on foot, there's got to be a reason why. the data points they are looking at, if we get a fast solve, a background into the victim's life as opposed to the straight level. neil: the conference for united
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health group, his unit, the insurance unit. it is the largest part of his company. this conference was well telegraphed to. if his assailant would have known that or would how he would have been able to time his getting to the ceo. >> back to the earlier point that the convention was the point of access. that's not something a general public would know about. must have been tuned into that somehow and one of the questions i also have is apparently he got to the hospital. i wonder if he said anything to the ambulance driver, they have already debriefed to the ambulance drivers, they are looking for the one witness, it is possible something comes out
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of his personal life, some vendetta that was going on, in the digital world, the victim had a chance to say i know who this was. neil: i don't want to connect dots that shouldn't be connected but if the limited group, usually a corporate group that had this information where the ceo would be and when, could that possibly signal it was knowledge shared from that group? >> it certainly could. i would imagine if you are working as the detective, you look for somebody who has a right about a cleanup that was turned down. you have to cast the net wide, could be the name that is different, could be a sibling or something. you have to look very far and wide because of the pending claim.
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if it gets to this far, and they are also going to be looking where the flight seems to end and if we have access to the subway. you have a pinch point, the person goes through the turnstile. all kinds of people beat the turnstile but assuming that wasn't done, it's another vulnerability we are looking at. neil: your ability to connect all this was remarkable. paul morrow, commander of the police department like a modern-day colombo. that is what he did. i want to go to aishah hasnie who is following the developing on capitol hill and pete hegseth to be donald trump's secretary of defense, some quick changes as pete tries to
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appeal to us senators to give me time to explain, how much time does he have? >> it is a good day for hegseth, defense secretary for the nominee, he's taking on some critical meetings, one he had with roger wicker, incoming chairman of the armed services committee in the room with incoming gop leader john thune. another important meeting with joni ernst, a senator from iowa, normally a female combat veteran but also a survivor of sexual assault and that is important, he's facing a lot of scrutiny and backlash and criticism over allegations of sexual assault and allegations he has a drinking problem and has denied a meal and this is happening as fox news has
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learned from multiple sources that donald trump is considering replacing hegseth with florida governor ron desantis. this has happened in conversation between trump and ron desantis yesterday when they were at a memorial service for fallen officers. they spoke about it in person and it is happening as we see hegseth get a lot of negative press. pete hegseth told reporters he spoke to trump this morning and he is not going anywhere. listen. >> any conversation with the president-elect? about desantis? >> i spoke to the president-elect this morning, he said keep going, keep fighting. >> you are in this all away. >> it is a passion for me.
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>> you are not withdrawing your name from consideration? lauren: we are watching minute by minute how these meetings go, whether he is able to turn the vote in favor of him it comes down to the math, the numbers and right now according to sources he doesn't have the votes he needs. he has to turn things around today and tomorrow. in the meantime we are waiting for scott bessent, the nominee for treasury secretary. he's expect on the hill later this afternoon, he will meet with the gop leaders, john thune and john barrasso, the majority whip, if confirmed will oversee the treasury department as they try to implement trump's campaign promises extending tax cuts, getting rid of taxes on tips, taxes on overtime, in support of using tariffs as a revenue raising tool and a negotiating
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tool to protect america's interests, he is expected have a fairly easy confirmation. we will be on the lookout for him. things are moving fast. neil: dave ramsey, a good guy who comes to and assembling team, very loyal teams that do anything he wants, he's good at picking the far right people at the right time. looking at this, thinking you are looking at a number to get on your team, steeped in controversy, a little different than choosing someone for your impressive team, you don't need congressional approval on it but is there a point at which a team head coach, the president-elect has to say this just isn't worth it? >> there will be a time on any situation like this, a leader
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that won't stand beside the team and cover their back the first time sends a signal to the rest of the team that he is not going to stand. if i were in this situation i would back this until i make a decision not to. i'm not going to waffle in the public eye. i will do all this directly with the leader and decide whether to move forward or not together. neil: picking up the check at a meal might be one. let me get your assessment of this, donald trump got this cabinet put to gather quicker than any of his predecessors, there were clubs along the way, certainly for the attorney general position. it looks like he will get most
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of these individuals, it is anyone's guess. the team we have seen before, what do you make of it and what it says versus when donald trump was assembling a team 8 years ago? >> i don't think he picked them for senate confirmation, their values are aligned with where he wants to go and committed to the idea that he's looking for people, to disagree and have a good healthy disagreement but not someone who will slit his throat from behind. are they going to walk with him into the goals they have, values lined up, is there an alignment on loyalty basically? very clear about that, does the person have the gray matter to do the job in front of them?
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if they've got those things we will let the, assemble the team that we want and not taking a poll on that. you can't let the masses dictate leadership because if you would do you will find out the am is silent. neil: i want a sense of what you make of this team the president-elect is building. thank you again. dave ramsey, so good at what he does. we are following the aftermath of the state of martial law in the south courier. when we were covering this, why is this going on? the national assembly overruling the president of the country, both parties, the opposition party and the president's own party saying what are you doing in the push to impeach the guy because even those in his own party.
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korea, one of the biggest industrial giants, and martial law was imposed for 6 hours. and we've gone too far too fast and lifted that martial law. is the president up to the job. does it mean his days are numbered? there is a move separately to impeach him. trey yingst who has a nose for when these things become crises is in school, south korea, with the latest. >> reporter: on tuesday evening, the south korean president declared martial law across the country in a surprise address and military vehicles rolling through the streets of soul followed by
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brief clashes that took place outside the national assembly in the capital city. the parliament voted to lift martial law, it had been 50 years since martial law was last declared in south korea and lawmakers of south korea's opposition party with protesters are reacting calling for their president to step down. >> in south korea's parliament building after a tense night of clashes. the military and the streets of seoul, south korea, the capital city, implanting a decree of martial law that was overturned or by the country's parliament 190-0 unanimous vote. these demonstrators are calling on him to step down saying he's no longer fit to lead south korea. >> hard to believe that actually happened.
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it is insane. bizarre. >> reporter: the state department issued a warning to americans in south korea saying the situation remains fluid as officials canceled appointments, 30,000 american soldiers are stationed in south korea though they have not received any special instructions. americans on monitor bring this closely. it has one. 2 million members saying they will go on strike and we anticipate later this week a vote of impeachment against the president. neil: imagine what his passport looks like. one of my favorites is with me, we were talking about this is south korea, in venezuela, syria, this is south korea.
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what happened and why has there been virtually no reaction? >> those scenes are really scary and folks living through this, something of concern if nothing else and this is not the only international situation, the vote of no-confidence coming up in france. this is something where we expect a little more reaction from move on markets, silverlining, a pretty good day. neil: given the lack fact that all the concerns about south korea, the asian markets all over the map, france has its own problems, the government might be dissolving saying nothing about friction with canada and mexico. we benefit by default, we are not falling apart. >> investors are looking at what's going on domestically and we got good economic news, the adp employment report which
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was benign after turmoil from the hurricanes and labor strike. neil: that could tee up a good employment report. they are not always connected. >> i always say it's interesting to look at adp but you have to look at these reports separately, the jobs report from the government, the official employment report coming out friday. what i was looking at in the adp employment report, there were interesting signs, we saw small business employment not doing so great, that is a concern given how outsized small business employers are in this country. manufacturing not doing well either. the normal sectors, healthcare doing better. again, potential signs for friday's report but weighing heavily on fed officials for the decision they have coming up this month around what they are going to do. neil: the expectation, it has
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come down a little bit, third meeting in a row. do you by that consensus. >> i was a little more shaky on whether we were going to get a skip or a cut. the governor said he's very much leaning towards, the action from chair powell this afternoon. neil: the conference -- >> doing the interview for the summit so you will be hearing from powell providing clarity going in. last time we hear from powell because the fed does the blackout and won't hear more from third officials at the end of this week. neil: what does powell think, do you think of what the markets have been doing, it is one thing to go up but they
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have been soaring, always in the eye of the beholder but does that way on what he wants to do? >> i sat down with the federal reserve president william and i was asking him about what he was watching in the markets, he was watching the bond market which has been interesting, you cut rates and the 10 year treasury does what it does. it is a consideration. not part of the fed's dual mandate which is price stability but they are looking at all are factors. we did hear from black rock, they are bullish on ai which makes sense given the market and maybe a little less so on treasury. neil: things are so busy, we have more inflationary pressures, anyone's guess.
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very good at following these developments. we heard about mark zuckerberg kissing the ring, going to mar-a-lago to meet donald trump, making nice with the president-elect, and does not have quite the same smitten views of technology ceos. he is next. ♪ e richest guy in the world. hi baby! (woman 1 vo) i have inherited the best traditions. (woman 2 vo) i have a great boss... it's me. (man 1 vo) i have people, people i can count on. (man 2 vo) i have time to give (grandma vo) and a million stories to share. (grandpa vo) if that's not rich, i don't know what is. (vo) the key to being rich is knowing what counts.
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stuart: julie: the chief executive of unitedhealth's insurance arm, 70% of the revenues was shot and killed early this morning at 6:405 am. we don't know much more than that, looks to be a targeted attack. >> reporter: you can check it out over my shoulder in midtown not far from where you are at fox business headquarters. you see the crime seem tape. a business meeting, left minneapolis the other day, monday and came to the big apple for business meetings. someone pulls out a gun according to video clips on the
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ground looked like he had a silencer, once in the back and shoots him in the leg when he was in the ground. you see what's going on. the nypd crime scene in front. they are trying to piece through the evidence including surveillance pictures, that shows who investigators are looking for because there's a manhunt right now in new york city, this guy was spot on foot and a bicycle with that backpack on, fires those shots, kill the innocent man and takes off and goes to central park. the bike also is a city bike, don't know if you 're familiar with people watching at home but city bike you put your information in order to rent. you have to put in some information to take it out so they are working with the company to find out who rented the bike earlier this morning,
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and we can tell you another look at the scene, this is what police are telling us, they had to block this off with crime scene tape with valley and i pulled up a picture as well. his wife tells us thompson, the ceo of united healthcare had been receiving threats, and the information to what those threats were, when this masked gunman pulled out the gun to kill him. a sad day before christmas, and the nypd, not giving out many details, did not confirm much about him because the family in minneapolis hadn't been notified yet. one thing to wrap it up, this is happening as we see millions
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of people a couple blocks from where i am in midtown going to the rockefeller tree lighting. it is jammed to down here but police are trying to calm people's fears because people are wondering what is going on because there's a manhunt here but the tree lighting will go on. we will see what happens. neil: do we know if he had secure ready? the ceo of the parent company did and his those but do we know whether he himself did? >> reporter: the nypd didn't say who he was traveling with or if he had secure ready. this surveillance video, he was by himself dressed in a blue suit and walking up, no one was with him. somebody who was a witness was by himself in the morning so who is staying with him in the hotel, they haven't said yet either. neil: i want to take your
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attention to washington dc, it is a railing, that's what they call it. >> reporter: we saw senior executives testify this morning, senator richard blumenthal who shares the subcommittee on investigations spent here dissecting the labeling charges to avoid taxes and the personal information before we pay for airfare affect how much we pay. a report found these airlines collectively garnered $12.4 billion in revenue, seeds are moneymakers but bags are king on the budget airlines. frontier and spirit paid $26 million to their gate agents to detect people sneaking onto the jet bridge with oversized items
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they didn't pay extra for. it could be an inch or two bigger than their rules explain. the report goes on to say frontier employees earned a $10 for each bag they caught and checked at the gate. senator blumenthal, frontier telling reuters, to motivate workers to enforce their policy. it no longer has a policy like this as of this past september and the router transportation tried to create more transparency for customers but airlines have soon to block this. >> if you're in favor of transparency why go to court blocking transparency law? it makes no sense. >> if the subcommittee wants to investigate industry issues that affect what customers pay?
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review, hub, slot dominance, review legacy prices, review legacy dominant loyalty and credit card programs. >> one thing they try to hone in on, blumenthal called on the department of transportation to implement the mandate that parents should be allowed to sit next to their kids without extra fees which caused confusion, and others said it is a little more complicated and the conversation went on. neil: if you want to sit next to your kids, going on as we speak. you heard a lot of tech executive trying to cozy up to donald trump, he wants to have
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a very active role in the tech policy making. don't know what my next guest thinks of that. brendan car is critical, donald trump's choice to share the fcc. commissioner, chairman to be, congratulations. mark zuckerberg, should he have it? >> the most important thing whether it is meta, actions, not words, nice they want to play ball. there is no sort of cosmetic change or words that will throw off versant. congress now that we have both houses in republican hands a lot of tech issues are
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bipartisan, and republicans have shown more leadership crossing agencies across congress, we work together to smash the censorship cartel and restore free-speech, straight line to economic growth. neil: i was talking with someone, there is a new sheriff in town, not referring to donald trump but to you heading the fcc particularly smashing the censorship cartel, assume you are talking about the social media tech players. >> section 230, part of the commute occasions act, courts have added immunities found nowhere in the law passed by congress, we can impose fcc laws and take a look at working with federal trade commission, social media companies colluding to not compete on the
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speech regulation, no different from an agreement not to compete on pricing or traditional competition metric. not just social media, the biden administration, advertisers and marketing companies, part of the broader censorship hotel, got to smash it. neil: you have to work with the federal trade commission, in the offing here. >> this blows from donald trump. if he had the foresight before a lot of people speaking in favor of free-speech, his agenda, his cabinet picks, his policies, you will see a lot of unity not just in tech censorship, a lot of parallels with 24-2016, things flatlined in 16, spectrum infrastructure weren't going anywhere, we
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revitalized it and flatlined again the last couple years, donald trump's policies turned the economy around once before, they will do it again. it will be a really good run for the economy. neil: you wrote on the fcc in that document, the role that should play in which you argue that should regulate the highest and largest tech companies. you stand by that part of it. >> what i wrote in that portion is nothing unique to that document. it is what i have been saying, americans have been living through an unprecedented surgeon censorship the last couple years. we need to return to free-speech, diversity of opinions, doesn't mean everybody has to see speech they don't like, and power individual users that are participating in digital town squares, mute people, block people, put decisions in the hands of every day americans, none of them centralized in silicon valley.
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neil: we are in for an interesting period. congratulations again. we have more coming up including the battle for pete hegseth to become the next defense secretary, he can't afford to lose three or four republican senators assuming he doesn't get a single democratic senator. how idaho senator james rich sees it after this. ♪ ♪ ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. across all your benefits and savings options. so you can feel confident in your financial choices. they really know how to put two and two together. voya, well planned, well invested, well protected.
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>> he is the most faithful patriot of this country. he loves his country, loves his country. he has fought and almost died for his country. he's a good dad. he's an amazing son and father, and that is the pete i want people to know. i want to say one more thing. i said i believe he's the man for the job. more than that, i believe he is the man for such a time as this. neil: penelope hegseth, pete's mom, saying she believed is the
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comments she made some years back in a limited moment talking to steve doocy saying she hopes he will be chosen and get the job at the defense department, he wrapped up a meeting with john thune, hopes to meet with other republican senators to secure that but talked to the president-elect this morning, supports and hopes it works out. the idaho foreign relations committee member. good to have you. you get a sense that among some of your colleagues there are concerns. do you have concerns about pete hegseth? >> i support the nomination he has made but you got to put this in perspective. he has got 12. 5,000 people, 1200 of them with advice and consent of the senate.
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when you get that many people something will find something to talk about but this guy, he was former president, soon to be president, was elected with the tremendous response from the american people. i was a governor. i know you've got to have your team in place. i support the president, i support the nominee's. i voted for all his nominees in the last go around. i don't think it will be different this time around. neil: do you think it would be worth a chat with pete's mother as she was talking on fox today to find out what she said and meant about her comments years ago? >> i met with him yesterday, feel confident after meeting with him that he's the right guy for the job but it is up to the president of the united states, the president picked him, that's who i am with.
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neil: overwhelming number of candidates chosen for his cabinet or some cabinet pose editions, doing that quicker than any president in modern times or all times but there will be speed bumps and it is clear you and your colleagues say there's a process to getting confirmations, not automatic up and down, you are in a recess appointment. is it fair to say that's not going to happen? >> the process works. it has been in place for a long time. in the years i've been here i have done thousands of these. let's give a price as an opportunity to work. it works in the senate as we take serious responsibility of advice and consent, everybody needs to calm down. it will be okay. neil: we are told the president-elect is considering ron desantis as a swapout for
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pete hegseth if it doesn't work out. how do you feel about that? >> he has a process in place before us that goes through this in mar-a-lago and has a team in place, from everything that has come out, seems to be working well. none of these things are perfect, he's doing a good job. i want to support the nominees, he's the president of the united states and that is where i will go. jack: like the strategy now for republicans, the senate, the house, is focus on the border, addressed the tax cuts after that. are you keen with that? >> we can walk and chew gum at the same time. there's 53 republicans up here, people working on various aspects as the incoming chairman of foreign relations
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i'm focused on the stuff that's going on around the world which as you know is legion. lauren: 1 noisy backdrop. james rich, idaho senator. more after this. you'll love this! centrum silver is clinically proven to support memory in older adults. so you can keep saying, you mastered it! you fixed it! you nailed it! you did it! with centrum silver, clinically proven to support memory in older adults. to go further, you need to be ready for what's down the road.
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asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes. neil: all the troubles all over the world with france looking at a no-confidence vote vote could disassemble the government. you know the problems in south korea and what mexico and canada are dealing with. markets go up and right now the dow is close to record territory, the records were hit yesterday, any gain today, we see how it goes. let's go to brian brenberg and the big money guys. brian: we have the markets. i am brian brenberg.
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