stuart: 3,000 miles and stretches through 8 states, two connecting provinces, 58 peaks. we are back to come to a close. it has been a great day. we saw trump we are in "the opening bell" at the new york stock exchange walking the floor, and adoring audience of traders. he will meet with jeff bezos at mar-a-lago next week. top executives, and adoring audience at the new york exchange says a lot. after all it is a trump rally on the stock market. time is up for us. coast-to-coast starts now. neil: we are focusing on donald trump at the stock exchange. last sitting president who was there was ronald reagan in 1985. they can hold that against you when the market goes into a

severe correction. a couple years after ronald reagan was there in 1987, other presidents after that time avoided the floor of the stock exchange like the plague. they couldn't attach blame or credit either way but the trump rally is on, donald trump being there meant a lot to the folks there and doesn't edward lawrence know it. >> reporter: the second time donald trump rang the stock exchange bill. for this term the president more focused and starting his agenda before he gets into office. in the crowd on the floor of the stock exchange, huge names in the industry including james frazier, bill ackman, donald trump telling the crowd he wants to make america business friendly through incentives. >> we will create the incentive theory again.

i announced yesterday, anybody investing a billion dollars or more gets a very expedited approval process, tremendous incentive like no other country has. we are going to cut them substantially, down to 20 one%, now we are getting them down to 15 but only if you make your product here. otherwise you pay 20 one. it is in the middle of the pack but 15 brings you lower. >> reporter: the incentive of a lower tax rate presenting companies to move manufacturing back to the united states. the goal to reduce regulations is flying the ic relationship with business leaders. meta's spokesperson confirmed meta donated to the trump inauguration fund a few weeks after the meta founder had a dinner and meeting in mar-a-lago. facebook and instagram band trump, they have reversed that

decision, he says that amazon founder jeff baize owes will come to mar-a-lago for a meeting with him. neil: tim anderson was there, what he made of the moment. how did it go? >> a great moment. the floor was electrical despite the fact not nearly as many people on the floor as when reagan was here in 85. i must add that george w. bush while president was on the trading floor during his presidency but not for the ringing of the bell. neil: there's this lore that with ronald reagan in 85 it was another couple years before we had the crash but kept sticking it to him after the fact, barely walking the floor and doing this stuff. the fact is crashes and corrections, no matter who is president.

going into 2,025, a market buoyed by what they think will be very good things for them, for investing and capitalism. >> no doubt about it. the market has had an incredible run all year and accentuated that as many people gained confidence trump would win the election and since the election. a lot of people question can we have a third strong year in a row and certainly some things would have to fall into place for that to happen. the market is not cheap. it may be the the of 21 or 22 but it is not in bubble

territory like it was before the 87 crash when the pe market in 20 and 8. neil: sorry to jump on you but that was the first time we had extended years of 20% plus from 1994-1998. is this one is two years into 20% gains for major averages but what do you make of the environment right now. a little nose bleeding here for multiples but not obscenely so and not markets narrowly moved on for years with such multiples but what to do you make of it? >> one of the things that has to happen for the market to have strong performance again next year, a lot of this rally

has been supported by initially the ai revolution and the idea of what ai might be come. we don't know yet but also expectations as to potentially significant advances in productivity and the one of the things that has to happen for of a market to appreciate that is we need to see the users of ai, the storage for it but the users that have been buying chips and putting it in their systems hopefully by the middle of next year you will start to see some of that translates into significantly better productivity.

that will helpful market, and a high level of earnings, and those companies. they fear might be extended. neil: they are signaling problems. that stokes the ai thing. what do you make of that? >> that stock had a tremendous run. they talk about individual equities. and and they had trouble getting through. all time highs.

in this big revolution, and meaningfully higher productivity, they spent so much money on it. they put chips into some of their manufacturing process. one thing that you may start to see, may coincide, we've had very little from companies talking about budgets. if a couple companies say we are sitting on our hands a

little bit with and will go higher with the budgets, that will help the markets. neil: you are a walking encyclopedia investing billions in ai. and a series of drones hovering around the stock exchange than you might want to worry in new jersey or new york. what is the latest. >> what a 24 hours it has been. jeff brown, and floated the idea that it can't be china once again.

and we learned more about what they did today. >> classified briefing. they've not yielded much. >> reporter: phil murphy said on the radio, if these drones turn out to be us military. >> we are frustrated, so are we. this is our top priority. >> and called the meeting.

>> it's an insult to our legislators, never been through more amateur hour my entire life. >> one state assemblywoman said military intervention, if that happens and if the us coast guard is more likely to take action. neil: nate for following that. a lot of people angry in new jersey the governor calls a meeting. and new jersey, in the northeast. and certainly one of the drone zones. last sunday my sons and i went

out and saw no less than 60 drones, they are all over the place. they haven't been there last three nights except last night. they are back again. neil: said a nightmare? what's the deal? >> seems like it only comes out don to dusk. neil: you and your son -- >> i happened to be a runner, at 5:30, 6:00 you see them going they are gone. neil: how close together are they? >> to give you an idea, they are about 200 feet high and about the size of an suv, no kidding get. neil: couple of them drive like my wife. the fact is no one tells you what is going on. the government, it's not a foreign source, not a us source, what is it?

>> that's the frustration. yesterday at the meeting i was there with 100 mayors of new jersey, 565 towns, it is pretty good. governor murphy disrespected everybody by not showing up. neil: how did he explain his absence? >> nobody said anything. state police, governor murphy is not there. we need leadership in new jersey. if you are the governor, you have hundreds if not thousands of drones coming into your state and nobody knows who is running them where they are coming from or where they are going back to, they don't know anything but this is an invasion. they should be top priority bar none against anything else. neil: a couple were spotted over donald trump's golf course

so that had me thinking they are okay with that. the military, the foreign object like that, they would shoot it down. what are we to make of that? if you had to guess? >> it gets worse because we are talking about what is happening since november 18th but the reality, i found out the other day this was in the wall street journal, october 12, 2024, two months ago, mystery drones swarmed the us makary base for 17 days and the pentagon is stumped. are you telling me this is america in 2024? flying over bases. the pentagon, are you actually telling me we have no clue who is flying these drones. neil: the governor dismissed it and disputed it but a foreign source that was in the region.

>> i really hope in my heart of hearts that it is not. mike government is failing us, we the people need to figure this out. neil: this night thing is a significant development. we see drones all the time. at night the period. just at night is weird. >> if you think of northern new jersey, west milford, sussex county and whatnot, this is the water that feeds all of northern new jersey. if you are on a well you get your water from here. got her been something happens. i hope nothing happens but this is one of our precious resources, clean, clear water keeps us healthy and safe. that should be top priority and

i'm not seeing anything, not getting any answers or any actions. time to fix this problem. neil: you are concerned and you want answers. when they tell me what to worry, >> when they say they are here to help you, that is when you should worry. neil: i am getting. in honor to see you. in the meantime you might have heard that elon musk, don't know if he is worried about drones what is total wealth has well has eclipsed $400 billion, has double the wealth of jeff basu's who was the richest man on the planet. he leads him by $200 million. his mom is next.

♪ ♪ ♪ something has changed within me ♪ ♪ it's time to try defying gravity ♪

♪ ♪ neil: is one thing to say elon musk is the richest human being on the planet, that ever got close to the planet. the richest inflation, you on

musk just eclipsed him. he's he is worth $400 billion. you lose count but gained over the last year or so. she raised this guy, the mom of elon musk joins us. >> and the world's richest human being. >> and saw so many opportunities. it is been he appreciated now. >> we are watching carefully. that's a delicate balance.

let me get your take on how your son has evolved close to donald trump. popping up at mar-a-lago, what's going on, what do you make of this relationship? >> first of all, meeting the trump family, everyone is delightful, kind, sweet, generous, interesting, soft-spoken, as politicians you can talk loud and the met milania, and -- >> you are kindred spirits. there are a lot of people, donald trump is a key advisor

to him, and and going to rig this, anyone -- what do you think when you hear that stuff? >> a dishonest media. nobody is listening, doing this well. neil: there's a time that they were arguing with each other but on the same page. in the campaign, do your your son recognize, to pay attention to and should be able to pay attention to. >> i don't know any line made

the change, when the twitter files came out, the fbi was paying millions to remove republicans to this site you didn't realize was democratic site and i didn't like the dishonesty. i don't want somebody to take my tax dollars and give it to twitter to remove people who have a different opinion. it is a gradual change when you're a democrat to become republican. it is really hard enough. i would encourage democrats to take a chance and they will be happier. neil: you were pretty apolitical as was your son and in the last couple years, the passion on political events,

the left lover to him. a few years ago, what he was doing with solar power, evs, leads the world by a country mile. do you think that changed him, the experience of appearing to go from the left to the right alienated him, but that changed everything because he was a rock star on that side of the aisle. >> biden and the white house, ignoring all, investigating elon and his companies and that made me angry because he's trying to do good. i was getting angry. i was so angry before the election and i feel the whole

world has opened up for not only america but definitely for the world, so much more happiness. neil: you take the criticism in stride, don't let it stick one way or the other. you might be surprised some viewers think i am overweight. i am curious how you handle the attention, forget about your son but you are the mom, very successful and than the sum but there's a lot of attention on him and by extension year. that can cut both ways, can't it? >> i get invited to many events and say i don't want to go because the democrats are so angry and malicious, i blocked about a thousand on instagram. they have 0 followers, 0 posts, i guess they were bots but very

hateful. neil: you said i'm cutting you off, not going to let any of your stuff get to me. >> we are winners, we are winning, we have won. i can't let angry malicious people upset me. neil: they are blocked in your world. >> are yes. when i go to social functions everybody is so friendly and happy and i'm saying what went wrong? there were many democrats that were secretly voting for trump. neil: maybe they are secretly psyched to see you and recognize all over the world so they are just an odd you. >> everything is working well for me. i'm giving talks around the world and only 76 so have a

long way ahead for me. neil: i get that too. the fame thing, they pay for their meals. step back and get your sense where you think of the world goes because we have been at each other's throats on the left and the right and there is a fear that donald trump comes to power and remembers these things you clearly remember, the slights and agitation and weaponization stuff but there is a fear he is going to return the favor in spades and be on a retribution tour. what do you think of that when you hear that? >> i think trumps wants everything to be open so we you know where your tax dollars are open. he's not going get to be mean to people. when i see him he seems happy is that he can make changes that will improve the life of

americans and also connecting with the rest of the world which i think is wonderful and going to be happy year. neil: your son is at mar-a-lago or not, don't know if he has his own place or stays late, pay-per-view in the president's place or stays too long but what do you make of that? seems to be with him all the time. >> they do get along well and the funny thing is thanksgiving dinner, baron and ilana were talking planets. they were discussing all the different planets and why mars is the best place to start a new civilization. i was very impressed with him too. trump just like someone he can completely, doesn't have any alternative motives. neil: it is an honor to have

you, the mother of elon musk, very successful, one of the most successful models of any age, a woman makes a plan, she and malani out trump connecting. more after this.

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we're pretty vocal on that, saying, look, i didn't win anything like we're a recipient of this. you're going to highlight me for the day. we're four guys get killed. never crossed my mind about receiving the medal of honor. never. i was told i was being put in for it the day after the battle. the highest level of valor. you want to understand, why did these people lose their lives? why aren't they in my place? can't refuse it. we don't have the wear if you don't want to. they feel you earned it. people think war ends the moment you get home. no. war sticks with you. for me, it was like i was in a fog. really? for. for several months. you're literally on the edge of life and death at any moment. and then 12 hours later, you're at home and you're going to birthday parties and you have to go back to assimilating that life. it's fascinating how many of our brothers and sisters. it■s a significant problem. end up on the streets. tunnel to towers is taking a leadership role. and specifically when i think about the veteran homeless population. we as an organization, we have gaps

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things to people when they want to curry favor with the election winners. with donald trump's big victory a month ago. charlie gasparino following that forking over $1 million donation. >> and to the victor go the the line of ceo types. and a general feeling, i thought the democratic ground game -- they were doing it before the election and look like internal polls turned out to be right that trump was going to win. then you saw jamie dimon of jpmorgan do a 180.

he initially said he would think about working for kamala and said he would stay neutral when those polls change to. neil: not considering it. charles: they have a back channel, they do have a back channel of dialogue that goes on, larry fink was talking to trump. charles: both sides could be pragmatic, transactional. charles: didn't see the numbers. julie: google guys want to make nice, jeff baeza's next week, what do you make of that? charles: he really went after jeff bezos, all about amazon, cloud computing, defense contracts, he was mad at them about the washington post,

being in his view very anti-trump, the washington post trying to move dramatically to the center as a news organization. it didn't endorse anybody. that's what you've got. i think -- you go woke you go broke. if you're cooking good food no one wants no one will eat at your restaurant and that is what media is doing, cooking get narratives most people think are absurd that this country is racist and we are bad guys, israel is evil and people want balance. neil: to add a little drama, you probably heard that donald trump wants to invite xi

jinping to his inauguration. i don't know how beijing has responded but what do you make of that? >> they never did send him to a presidential not duration, foreign dignitaries became foreign diplomats and heads of state have -- it is kind of dumb and i don't think it is terrible. it shows a determination of trump to begin negotiating with china early. there are advantages and disadvantage but to raise expectations for some quick deal. at the top of the agenda is fentanyl. he previously promised on china generally or maybe not. i wouldn't say it's the best for us to move. neil: we know the state leaders, and the leaders

attended, i wonder, let's say xi xinping were to surprise you, what would that mean? >> than i would be afraid it would be like mar-a-lago in the first trump administration where the chinese promised four pillars or something or other and shift to the relationship and deliver absolutely nothing and phase i trade agreement, the chinese blame to covid. it is hard, not trust but verify but don't trust. and if you look at ronald reagan, they kept dying on him but along period of building up sort of a threatening power. may need to happen with china. if they say we will cut fentanyl.

they promised that once. neil: in the reagan movie is a scene where all the leaders are dying and reagan is saying i can't keep track of this. the get tough vibes donald trump is sending the world and the warning to hamas that hostages better be released or there will be hell to pay. where do you think it goes when he takes over? >> it will have the most effect on countries over which we have the most leverage. canada and mexico, we import half $1 trillion from them, their gdp is 3 trillion. we have tremendous pressure, but they will do a lot, justin trudeau, the prime minister called the governor came hat in hand to mar-a-lago.

with europe, the rest of north america a lot of leverage with hamas especially hezbollah north of israel. hamas and gaza are in better position so see where the chips lie. neil: hope you have a merry christmas. we are finding out more about luigi mangione, the details of that and what we are learning about his own health crisis of that might have spurred the shooting in the first place. more after this. not all multimillionaires build their wealth the same way, you have... the fearless investor. the type a cpa. the boot strapper. the boot maker. hee-ha. but many do have something in common. we all trust schwab with our wealth. thanks to our award-winning service, low costs and transparent advice, every day, over a million multi-millionaires,

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to make sure he puts forth an indictment that will be ironclad. we expect that to be issued any day now and the second that happens, i am issuing a warrant for extradition. >> reporter: the ivy league grad seemed like he had it together. he had money, a big family and a lot going for him but he's accused of murder so he was spotted in an orange jumpsuit in pennsylvania. more charges could be filed in this case but what is the motive? investigators tell me it might have to do with this x-ray he posted online saying he had back surgery. he said he was in pain all the time telling his friends he could barely got out of bed when he lived in hawaii. photos like this of luigi mangione avenue shortlist of gone viral, people are infatuated with the guy saying he is very good-looking and it is odd, he asked a therapist why this is. >> when it comes to a man who

is capable of that it reminds me of the american psycho character patrick bateman who was attractive to the public. that is the antihero we are seeing play out in the character of luigi mangione. >> reporter: people are calling him a hero and doctoring other healthcare ceos saying the system is broken. we blurred the pictures but those are other healthcare ceos they are trying to put their information out, they crossed off brian thompson because they said he was already taken out but they are doing everything they can to stop this from g but ese people and their families across the country that work in the healthcare industry are worried. luigi mangione is in a single cell in a pennsylvania jail working with an attorney as he awaits his next hearing. neil: you never forgot that early coverage about brian thompson, a human being whatever you think of the insurance industry or if you

got shafted on policy or what have you a human being was killed. >> a normal guy who grew up in a farm town in iowa, two young kids in high school, their dad's not coming home for christmas. neil: never lost sight of that. thank you very much. pat, former nypd detective, knows of what he speaks. one thing that amazed me about pat early on is confidence this guy would be found and he was. you've seen these postings of other ceos and other industries that have been all but targeted. what do you make of that? >> you took the words out of my mouth. i'm a fan of american psycho and patrick bateman but this is a similar aftereffect and infatuation, twisted, sick, and

disgusting. i've been in the murder robbery business with the nypd, now we do a lot of it privately and we've had a lot of these discussions, cold-blooded murder where the aftermath results in a level of glee fullness, twisted level of happiness that this loving father of two, this guy who never hurt a fly by any account by virtue of his employment, they are happy is that he has been murdered in cold blood by luigi mangione who is an animal, don't care how pretty he is, i don't care about his neck injury, he's a cold-blooded savage, it is a horrible crime and what i see developing with posters on subways that encourage and support this murder, if the system is broke, there's a

process for that, there's a remedy. it's not three bullets in the back. this is a horrible, disgusting crime of a great human being, a loving father and a fantastic guy by all accounts putting aside whatever he did in his business. neil: people in power, united states senator like elizabeth warren goes on they are to put some perspective on this, it changes the dynamics. listen. >> violence is never the answer. this guy gets a trial, he allegedly killed the ceo of unitedhealth but you can only push people so far. than they start to take matters into their own hands. neil: to justify killing a ceo, that seems really bizarre. >> i want to throw up.

that is a horrible disgusting twisted assessment of a cold-blooded murder. you can divorce out of that statement the alleged apart. they got him. his goose is cooked. we have him on video, we have the murder weapon, the guy is an absolute knucklehead. i kept hearing always a professional, a hitman, he was a cold-blooded murderer, he was an idiot, he left a ton of clues, only thing that shocked me he wasn't in leg irons quicker, 14,000 facebook friends didn't flip him for the 60,000 in green cash. is a horrible aftermath to think that people ostensibly professionals, law-abiding people are gleeful, happy, he got what's coming to him. how is that even possible to assess this cold-blooded murder in such a framework.

lauren: 1 seen this infatuation with a killer going back to ted bundy in the early days when the men and does brothers, what causes that? >> i can't even conceptualize what would cause that. if you have problems getting healthcare coverage and getting the money and coverage and so forth relative to your policies that is one thing, you are upset. to take enjoyment, take pleasure, illicit argleeful feel from the murder of a ceo of united healthcare, i don't know, my mind doesn't go there. neil: always learn a lot. in the meantime an update on the markets, suddenly concerned about inflation all over again after this. more than $2 billion in our american factories. today, we're nearly 30,000 u.s. employees strong.

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neil: retail inflation report stronger then expected. it is weighing on stocks for the time being. it might delay future rate cuts. that's where the 10 year is backing up and a lot of folks are saying the cuts are still on, might not be as big or as fast but they are still on and that's enough to keep most of the markets at or around the range they have been which is selling out of record territory. taylor riggs and the big manager right now. taylor: we always like half full over half empty. i am taylor riggs. brian: i am brian brenberg. lydia: i am lydia hu. welcome to "the big money show". the dawn of a new era.