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tv   The Claman Countdown  FOX Business  January 31, 2025 3:00pm-4:00pm EST

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impressionable in europe and there's a chance to push back and worst ever redepositions and major backlash in europe and that's a great sign. >> it is a sign. this is what i think, your kind of get into the esg and di conversation and it's very controversial now and a lot of companies are moving things around and shifting, shifting language, shifting money. charles: so note really changing. >> look a little closer where the money is going. >> i know there's companies hiring consultants so they can hedge against the backlash to wokeness. the bud light scandal was so jarring. charles: caroline and rob, thank you both very, very much. last hour of trading for the week, liz claman. liz: charles, thank you very much. weaver watching nvidia very closely and it was trading in the green as high as $127 but right now it's reversed and down
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2.33% to $121 and change. this as founder and ceo of nvidia jenson wong meeting behind closed doors with president trump. the overall office get together comings as the u.s. ask set so further restrict ai chip exports to ensure advanced and proprietary computing power remain in the u.s. and among its allies. call it what it is and they want to keep it out of chinese hands and we reached out to nvidia and the company declined to comment and sources close to the matter telling the claman countdown, this one was planned weeks ago and set up for a get to know you meeting and no expectation of any grand announcement on artificial intelligence and the meet sergeant a pretty crucial moment and it's highly advanced ai semiconductors are considering one of the key ingredients in the u.s.' secret sauce that's helped america take the lead in artificial intention
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technology. president trump is considering tightening export restrictions on ai chips to keep them out of the hands of strategic adversaries, namely china. there's a chance, nvidia ceo jenson wong could make some comments leaving the white house. folks, we have cameras ready to bring to you if it happens. don't change the channel. we're also getting more clarity of tariffs that president trump will put on canada and mexico. the white house just confirmed in the last hour that tariffs are on the two allies, canada and mexico and china will go into effect tomorrow, february 1. press secretary karoline leavitt said trump will implement 25% tariffs on the three nations -- mexico and canada, 10% on just china. while nvidia white house meeting may be seizing the moment with all the talk about china and tariffs, with about 58 minutes left of trade for january and the bulls are seizing the month.
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check out the blue chips and this up flat line at the moment and doesn't mean much and look and see the game 4.7% jump month to date. puts the dow in position to grab the trophy. betting on ibm, goldman sachs or 3m, you're leading the way, 3m up 18% and ibm up 16% and goldman sachs up 11.6%. even taking into account what happened monday, remember the day investors fled tech stocks to the tune of $1 trillion selloff on the news chinese chat bot deepseek created a super smart ai platform at a fraction of the price of chatgpt and others, month to date, s&p and nasdaq and russell are all looking at pretty impressive gains of anywhere from 1.6% to in the case of s&p up 2.7%. so again, earnings for better as
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you see with 3m, ibm, and goldman sachs, or for worse with a lot of power. saying for worse, deckers outdoors, maker of ugg boots and hoka sneakers is falling 1.25% on weaker full year guidance and overshadowing 7:pressive 17% jump in revenues and driven by consumers flocking to the brands iconic names and paying full price. ubs in truth are saying this is a buying opportunity at this price. look at chevron. chevron down 4.6% and at bottom of dow jones and oil producer blamed a fourth quarter profit miss on weak global margins and weak refining loss in four years. i've thrown so many headlines at you, less absorb it all and spit it out and interpret it with the floor show and cio jason ware. jason, you're an apple bull and talking earnings in just a
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moment. teddy, starting with you and power of earnings and how investors interpret them may keep its thumb on the market scale for the next few weeks. what do you think? >> well, absolutely, liz. when it comes to earnings, it's the earnings trifecta and top line and bottom line and perhaps most important is the guidance. get all three right and stocks get rewarded. miss one and there's a problem. i would say of the three, guidance going forward is the most important because let's not forget the markets are a forward looking indicator and not a trailing indicator. liz: okay, what about february. spinning it february on the last day of january. spin t teddy. wolf research out with a note innocence saying if january sees a big pop, be careful. there could be some real bumps in the road at least from february to maybe march or april. what do you see?
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>> the dow is the leading indicator ahead of s&p and compos it and for me, this is a very positive sign. if you look at groups that have been left behind for the last couple of years, 23 and 24 all about the text. take the big high profile text out of possible larra averages and market is good 23, 24 and not anything like what we read in the newspaper. so now we see the dow leading the other two indicators and that simply says the market is spreading out to sectors like financials and goldman and jp morgan almost on the new high list every day. wells fargo, city bank and look at transports. liz, last year they've gotten no publicity and third biggest gainer last year was not a tech stock, it was united airlines. and the insurance stocks. you know, the insurance stocks
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got pounded in the month because of issues with los angeles and they're all back here to be trading and great buying opportunities there. there's the small caps and mid caps and bottom line and market let's and positive market breath spreading out is good for a lot of sectors and overall, i think that set as very positive tone for the markets for the down to 20256789 how good a tone? that remains to be seen. nobody else has a crystal ball. liz: let's mention because you mentioned united airlines do 2.6% on rumors regarding potential merger with other big airlines andenying it saying they're not in negotiations and that may be why they're at the bottom with the names. jason, you're an apple bull and performed great on monday and everything was selling off and 370 shares and going for them.
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and why are you bullish when there's nuers. going for you, liz. widely expecd and going to be them going for inventory and quite franklshs going to categorizehem d going for theme ne. that ran headlong into selli weaken into thafternoon an infor them with the servic busine and hr rgs an cular growthndervi becongigger part of th overl high and beat emn the arteheand this i e rong iphe cye to and going with 30milld lln staa
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nt to dre that higher aindinhigh by 17esiteiproach to ll indondngemthe sidewnut71d p aq d a ho relatetopresump d it use yiarick morr again t o stngalliesson,ouexand 25%10on ofoving h ofetndoly of yea it'eat tianne cinqud
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h.rrownd nelay diseheamign aiesve and nth and et sintw ansoutbepld here on bruary 1 a tarfs are something that can iact e pre level bit dependgt hon w w applieand negoatg tools and remember it'll be nimble strategy out of thehite house. impleasain described and and shing them ahort leash in what they'll do d doesn't have me terribly conc concerned and spinning into e thought coming here here in 2025 and impact the
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market and cominfor corpate america. liz: we started there with earnings having thumb on the scale and not today or in this presumptive of time, moment in time where the markets are arful of the tariffs. dow down 371 points and the pharmacy kicked out and tanking now and it's a big one. we'll tell you. we have a breaking update on wednesday's tragic midair dc plane crash. investigators recovered the american airlines black boxes as more than 40 bodies have been recovered from the potomac river. that and more straight ahead on the claman countdown. ♪
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liz: breaking news, new details pouring in regard ago horrific washington dc plane crash wednesday night that killed all 64 passengers and crew aboard a flight from wichita, kansas, heading to washington dc and three crew members on board a black hawk army helicopter flying over the potomac river. in the last hour, we got a recrecovery update from dc fired as of this hour, 41 bodies recovered and 28 identified. dc fire chief john donnelly saying more than 300 responders are working on the site at a time, and they do and expect to recover all the bodies. reagan international airport fishes believe runways will be closed for an entire week. grady trimble joining me live
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from the airport in arlington, virginia. gain i did. reporter: yeah, liz, the manager was part of the press conference ask asked about the safetyf the press conference around to faa.and each time he ferred he was asked about a preliminary faa report iwhich found that staffing for air traffic control at the time of the crash was not normal. the report says reportedly there wae aitraffic controller communicating with both planes and helicopters d typically those two jobs are done by two serate people d that's something that ntsb will look into a of th investigation and overnigh they recovered t parts from that's crical theirane investigatn. the flight datcoer and cockpit recorder and they'll u both of those so-called black boxes to piece together time line of the momes leadg up to t midaicousion.at this mome e
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case f aile, it's still cos from landingnd blaght hawkelicopter performing flyi at the me altitude.e ansportation secreta sean duffy baircraft on anda flighths but reportthat the helicopmay have been flying too high,bove that 200-foot altitude cap thevt duffy t thome ofhe famili whoost lod ones inasyestd as welwill cnue to doso tayn e d weeks ahea questianncer a welot of thghis tobin apreser aerishae en cord from e ack hawk evinct reca
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erits and n'had chceretrie it t because recovering t bodies to e most itant step and 'sril,izift fintoo gh at e time intoab to it.ident th they're phacoey bug ia k ha pilot w w the nt all theay from alka 'll seas et as far ashat rt of theveigatgo rated t thblack hawk hicopter. liz. liz: gdythyou very mh. just ac story alaround. pleaseee pted. engh whea ock hit as and b
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year othree-ye low anwalgreing a low it outrht abaoning the centurlongir dropping 10% to $10.31 and pharmacy operator saying it's suenng the cash dividend as efrt and is a heart brearnd for longimesha holders and wareens pa a dividenr nearly 3 straight quarters. to help strengen the balances sheet and imprindebt and increasing cash flow and billions isavingper year. ticker symbol team up 12.8% and cloud revenue grew impressive 30% ye over year and topping estimates for 26% growth. the company also expects total revenufor the current quart tore come in at 1.34 billion and that's sailing about previous expectatns. and lasian's beat is a
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subscription cloud-based business model seeming to be working and shares at a heim. pharmaceutical gaining 5.33% after approving non-opioid pain killer and approving the oral drug as a treatment for moderate to severe acute pain. it's a twice a day pill supposed to cost around $15.50 per dose and before insurance. william blair expects to reach blockbuster status by 2028. dow jones industrials down 327 points and just over a week away from the super bowl and that means the famed buzz wider clydesdale are back. remember this one, puppy love? it was one of the beer giant's most popular ads ever to air in the game in 2014. guess what, we're about to reveal to you its new super bowl ad grabbing hearts of social
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media and team count down. he grabbed hearts of the cleveland browns and dallas cowboys, super bowl champ and one of the most beloved cleveland browns members ever is here. be still, my heart. berbernie cozar and we're coming back with bernie on the count.
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down to kickoff, super bowl 59 is just over eight days and 15 hours away, but who's counting? the big game will air live on fox and eye watering $8 million a pop for a 30 second ad, companies have gobbled up every single slot to get their product in front of millions of viewers tuning in to see the chiefs faceoff against the eagles and some brands splurging on checkty aspirinses including when harry met sally, budweiser ponied up for what's expected to be a classic, watch.
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[ horse winnieing ] >> still too little, buddy. ♪ >> what's up? a horse walks into a bar and -- >> and what? liz: baby clydesdale. did i tell you, that's already my favorite. i don't care what anybody else puts up on the screen. here to weigh in on the money swirling around the big game and good, bad and ugly of playing in the nfl and winning the super bowl is bernie kosar, former legendary cleveland browns quarterback who won super bowl 28 with the dallas cowboys here in a fox 28 bises exclusive. those ads; right? what were they like back in the
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80s when you were at super bowl? >> it was awesome to be with you today, liz. it brings back a lot of memory withs the slides dale super bowl ads and i'm showing my age, but this is kind of when it started with the super bowl and a lot of people, non-football kneel people tuning in for the excitement of the commercials. liz: it was a huge money situation. i mean, a pile of money, not just for thetizers that they pay out and for the networks that get the money, but also the players and winners and losers getting the money. tell me about that. >> one of the cool things now is that the number has gotten higher with the amount of dollars you get for doing them. as old school guy and respecting and loving the old school history of the game, it's cool to reflect back on some things
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that go to disney world and some things where in advance you'll maybe get -- see that one guy that's the mvp after the game saying i'm going to disney world, but they'll pick 10 or 12 guys not knowing which one will do that. in 1993, troy aikman was the starting quarterback and got a concussion in the nfl championship game so i was possibly going to be the quarterback so it was kind of cool to have that negotiations going on during a super bowl week, where you're really preoccupied with the importance of the game. yet then the financial thing comes in because you've got to make the quick decisions with the financial opportunities that are in front of you, and sometimes that could be somewhat really distracting to your performance in the game. liz: i'm sure. i'm sure. doesn't look like patrick mahomes is dis-tracked at all. he's won multiple superbowls for the kansas city chiefs and the money is so incredible there, but i have to ask you, is it worth it? about 18 months ago, you were
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diagnosed with liver disease, and you are on the wait list to get a liver transplant, and then last february you were diagnosed with parkinsons. we know that head injuries, many football players have, you know, been diagnosed with parkinsons. tell me how you're doing and how you view this fight. >> well, thanks, liz. you know, it's amazing to hear those type of diagnosis, whether it's seven years ago being told you only have five years left and cognitive brain dimension. liz: lower that. you couldn't say the word cognitive back then. >> the inability to say cog any tiff, to not be able to enunciate, articulate or communicate multiple syllable words to be basically 61 and be 53, 54 years old and not to be able to come up and fly on an airplane, come to new york and be orphan an awesome -- on an
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awesome claman countdown show and be able to articulate and communicate any kind of concise message was impossible for me. fast forward, i retired, talking about the walgreens stock being at all time low since 1996, that was my last year in the league. i really didn't do pills when i played, but to have now 60 surgeries, 80 broken bones, north of 100 concussions, 14 or 15 seizures. my last couple southeast seizures to be in a coma, 72 in 96 hours, retiring to 1996, i've been basically these last three decades most of the century on north of # 80-90 pills a day. despite how much i love the clydesdale and budweiser commercial to not have drank for seven years or done pills, it's something that's been incredibly from a functional medicine side,
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something imper blizzard warnings important to me to turn back the cognitive decline that's overtaking me. liz: how have you done that? you've started a wellness company and found there are things that you've come up with that are working brilliantly that enable you to sit here and speak fluidly. >> well, thank you, liz. i'm so blessed to be a trustee at university of miami, to have -- be involved with great medical people whether university hospital or cleveland clinic to michael roy's and dr. tony post but dr. oz is a partner of dr. rosen and blessed to figure out functional med san of stomach, brain, conductivity and bin fan of robert kennedy and some things they've been talking about to implement with food as our medicine and getting rid of some of the additives and preservatives that are really overtaking so many parts of our life.
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liz: you drink block coffee and have your own coffee brand. how is that changing the symptoms of parkinson s? >> well, the doctors partnership is a massive believe in roasted coffee as one of the best things to detox your liver and brain. i unfortunately have both issues with the liver transplant that's still -- i'm on the list for and with the early stages of dimension supra aural headphones and early teenages -- dementia and early stages parkinsons, working on liver and brain, they were a big believer in roasted coffee and started studying that from the raw coffee component and the raw coffee component of it coupled with juicing of vegetables and stuff and iv therapy has massively flushed and detoxed me to a point where my sugar and glucose, a1cs have come down to the point where i'm not even type 2 diabetic and
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type 3 diabetes/dementia, alzheimers is really a step past that . liz: you need to write a book or at least a paper on exactly what is working for you because everybody out there knows at least someone who has a neurodegenerative disease. i have to say, when i lived in cleveland and worked for news channel 5, i was like oh, bernie kosar and watched practices and games and in love with everything about you. i wasn't the only one. you were sent a picture from travis kelce's mother and jason kelce's mother of them when they were little. describe what people are seeing on the screen. >> yes. i love seeing the kelces there from cleveland heights, ohio, and mr. and mrs. kelce. i joke with them about what awesome parents they are that they dressed their kids up for halloween in little bernie kosar outfits and mr. and mrs. kelce looked at me saying no, they dressed like that every day.
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thank you so much for slowing my cranium but to see those two go onto have the careers they had and i love my no. 19, but there's a lot that goes on with the conclusions and wellness that we're talking about and not only when we're playing and post career and as much as i love my no. 19. there'll be people that commit suicide in the state of ohio. and partly why i've become so aware and thanking you to be on forums like this to tell people there's options out there from mental illness and anxiety perspective of things you can do to get yourself healthy and better from a holistic standpoint because so many men and ex-players, we have a challenging time. i'm not proud to say some of the things i've gone through and almost feel like it's responsibility with a share of that and being able to have friends like the kelces that are able to amplify that message and
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then care about this type of message and almost feel like it's a responsibility of us older players and more. liz: you have a voice and i'm so glad you're here. you matter. that is a lovely compliment. i appreciate it. >> thank you. big self-confidence and self-esteem to everybody. liz: thank you, bernie. the philadelphia eagles and who are you wanting? going for them and i'm going for the eagles then. we'll make a little all pregame action starting at 1:00 p.m. on fox. we're looking at dow that is not exactly at lows with 340 points and warning of a crypto bubble coming. paul singer's elliot management is blaming the white house for it.
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what does the ceo of crypto payments platform make of elliot's warning? we'll ask him next. how did a kid from the suburbs of chicago want with the top venture capitalists in the country with his brother. after quitting the banking jobs and going for them and decided to start the spirits brand and ended up selling the company for more than seven times revenue and tens of millions and talk about a smart guy. he didn't stop there and went onto cofound m13 ventures that invest in visionary brands building disruptive businesses and i had the chance to sit down going to be the gutsiest in the country and also paris hilton's husband. he got paris hilton. she got him. listen to my brand new positives cast of everyone talks to liz tomorrow. am, google, spotify or wherever you get your podcasts. we're coming right back and
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waiting to hear more about the presidential meeting with joan season wong of nvidia.
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nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com liz: fox business alert, take a look at bitcoin see ago $5,000 swing from peak to trough over the last 24 hours and this headline might have something to do with why it's gone from 160,000 to -- sorry, 106,000 rather to 101,000 and change here. the financial times reports he think fund elliot warns white house is inflating crypto bubble that could reek havoc. the trump admin vagues is adding fuel to the financial markets in recent weeks and saying that investors are "acting like a crowd of sports betters". elliot going onto say that crypto is ground zero for the hysteria how much it's surged since the election and trump
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administration's bullishness on it. joining me in a fox business exclusive is ivan sotteau wright in charge of moon pay. elliot said it could reek havoc in ways we've not anticipated and what do you think of the link between crypto and record highs and president trump's embracing of them? >> i would say with crypto, it's the future. the future of money, it'll be the future of payments so when we look at this industry, we take a very long term view. now, this admin vagues has taken a different stance towards the adoption of payments and the movement you've seen is really because of what you've seen in the past. the past we did not have clarity, we're moving to a world where now banks can hold bitcoin on the balance sheet and looking at this asset class, you vas have to step back, take a long term view and uncorrelated
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diversifier to overall portfolio and constitutional investors taking asset class very seriously. liz: on your site, people have the opportunity to sort of one size -- one site fits all. you do everything and enable people to buy and trade more than 100 different coins and tokens. the president and melania trump, the first lady, unveiled their first meme coins, and they went from really high value to kind of a crash. are you worried about the impression that gives to people who are weary anyway of getting involved in crypto? >> right. so, i mean, if you look at meme coins, which we're talking about here and they're attention relevant and melania and trump meme coins, they were collectibles. as a industry, we want to enable customers to do what they'd like with their money. we believe that the future of the financial system should be free and people should have the liberty to decide what they do with their cryptocurrency. liz: i agree with you till
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people lose a lot of money and then start crying and saying somebody has to bail us out. as long as people know that caveat emptor, buyer beware and that would be helpful. tell me about your business and what you see as sort of the hot future and how do you take on larger competitors like coin base, who also offer everything from crypto al wallets to any position of trade like robinhood. >> wallets, predominantly cryptocurrent seizure disorders wallets are the dominant account and accessing internet and spin up a cryptocurrency wallet anywhere in the world. what we're trying to do at moonpay is connect the existing financial system and make it easier to use the cryptocurrency wallets and debit cards, creditt cards and paypal or venmo and localize anywhere in the world and on board the masses into crypto. so far moonpay to date on bored
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30 million customers across all the most popular de-centralized applications. liz: good to have you. we love watching companies that start like you did in 2019 and grow. you're take ago long term view and plan to go public at some point? >> yeah, we're obviously going to get robin lou bust financials and continuing trojans and -- robust financials and growing the business and looking to build the best product. we think it's all about the user experience and nail the user experience and people will come and they'll recognize that this can actually be a new payment method. looking at last year and $27 trillion moved in stable coins. that's more than visa and mastercard combined and we're really excited to see the future of crypto and be used as something in a financial system that's in every day life. liz: moonpay, to the moon. we'll be watching it. thank you so much, ivan. >> thank you. liz: panama canal in tocus as marco rubio heads there this weekend and trade tensions ratcheting up because the trump administration will, tomorrow, put all kinds of tariffs on canada, mexico, and china.
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our $59 billion countdown closr telling us how to boost your portfolio with latin flavor. nasdaq down 43 and s&p down 25 but all three look to be up month to date. ♪
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the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways.
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liz: fox business alert, the markets are going south again and this breaking news hitting the tape and there's a whole bunch of headlines on tariffs and president trump speaking in the white house right now. he just said nothing can be done by china, mexico, and canada right now to foral tariffs. he said "canada treated us very unfairly and we'll put tariffs on chips and oil and gas". oil and gas tariffs by february 18th. he did say the tariffs overall would kick in tomorrow, 25 pierces. i'm looking here right now. he said he's not looking for concession, and right now at least the mexican leadership nor the canadian leadership has
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weighed in, but this morning mexican government told donald trump his plan to place 25% tariff on goods would be a strategic mistake and it would "set aside u.s. mca trade pack between the three nations". trudeau of canada, the prime minister said canada will bring forceful but reasonable retaliation to the trump tariffs. it's not a surprise the markets are getting awfully jitter rey inthe final six minutes of . the white house had a big meeting in the oval office. going to the white house and edward lawrence on the meeting with nvidia ceo o. reporter: yeah, it was on the books as a get to know you meeting and and leader in artificial intelligence going for them and bringing back the superior chip making to the united states and the two talked
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about what industry needs to grow including the going with data centers and going for a hit and going down on that and other conversations they might have had and looking for the chinese able to get nvidia chips going to create deepseek getting around the sanctions and fbi reporting on investigation and if deepseek used intermediaries and going for the chips and going for nvidia ceo coming with the commerce secretary with howard lutnick and president biden is president donald trump saying he had a very good meeting with the ceo of nvidia here, and he's trying to figure out how to make sure that industry is solidified here in the united states. liz. liz: we're watching this very closely and nvidia moved to the bottom of the nasdaq and market trying to figure out what it all means and closing bell ringing in four minutes. right before the end of the
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month, major averaging look to move up sharp -- well, not that sharply. at the start of the session today, the dow was up 5% and now up 4.75% and s&p and nasdaq up 3 full percentage points and s&p looks to close out the month up 2.7% and nasdaq up 1.6% and it does look for the tech index to lock in the monthly gain. wrapping up the week, month, and the day, the 10-year treasury yield lifting off a six-week low and we've got it now up 5.5 basis points to 4.571. i was marking it this morning and at 4.525 earlier. so we're seeing some gyrations here in the wake of the tariff threats. joining us now with 59 billion under management. brandy wine global portfolio manager jack macintyre. staying on the news, not only does donald trump say he'll slap tariffs on canadian and mexican oil and gas but on steel and copper and aluminum. how does this play into the picture for everything from bond
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yields to treasury yields to overall market? >> yeah, you know, he's coming out both barrels blazing right now and the fear or concern is more about the impact of inflation and remember, everything he does has to be looked at through the lens of how does it impact inflation because ultimately that's one of the major reasons he got elected and to me, i'm holding on with the view that ultimately this was going to be part of the negotiation and having said that, tariffs are rising and go not see ago month or now from so and there's a shift in the tariffs, i think. liz: okay. we see some tech moves certainly in the 10-year yield and some of the other bond yields at the moment but does that make you say, you know what, move from u.s. treasuries right now and better yields to be had elsewhere and if so, where? >> there's volatility and going for them right and getting focus
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on earning a significant yield and going with income allowing you to withstand volatility and looking at my universe where to allocate capital going to latin america and mexico on forefront i guess. you mentioned secretary of state rubio going to latin america. first time in 100 years at first trip by secretary of state and going to latin america and i think longer going to have better opportunity here and and that part of the world coming down significantly and earning double digit yields so i can park in there and earn a nice income and withstand a bit of currency volatility. liz: brazil is yielding 14.9% if you just park it there for ten years. these are not necessary -- mexico 10%, uk up 4%, south africa 10% yield. some of these countries are -- listen, you don't know what's going to happen with the leadership of the government and ten years could be a coup
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somewhere and how protected are people's funds and money if they put them in the bonds. >> the world shifted on that front. these are, you know, kind of not the same emerging market political volatility we've seen a decade plus ago and look at credit default swap, which is a measure of credit risk and up tick in some ratings in here and i think you're being compensated for that political uncertainty and think about the debt profile and u.s. has among the worst in the world right now. liz: jack, good to have you and closing up and can't wait to see you on monday when it's february. larry: hello, folks, welcome to kudlow, i'm larry kudlow. karoline leavitt make it is official, president trump will

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