tv The Claman Countdown FOX Business February 5, 2025 3:00pm-4:00pm EST
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fool us. >> lana delray. >> absolutely. there's a difference between being talented and being an entertainer. there's a lot of entertainers who don't have talent. they're just good on stage. charles: real quick, kennedy, talk about sending folks down to gitmo, you okay with that? >> i've not been a fan of gitmo since the exception. i think there's better ways of doing things. charles: okay. i was going to ask you about that. you don't like gitmo, probably wouldn't like that one. >> that's a doozie, don't want to go there. charles: liz claman, over to you. liz: we need tiffany to come back, i think we're alone now. charles: oh, wow, you have a knack for pulling them out. i don't know where that came from. hear it for the rest of the night. liz: exactly. kennedy is like, okay, liz. we have multiple wins bucketing a large swatch of the market kicking off the final hour of trade. alphabet and tesla keeping a cap
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on the nasdaq and barely down and china about to train its sights on apple and bitcoin flip-flopping all over the place. it was up, it was down, now it is back up just a half a percent. this ahead of earnings for -- after the bell from micro-strategy and biggest holder of bitcoin but remember, bitcoin noise dived monday amidst the tariff confusions and it's not immune to broader market worries and bitcoin bull anthony pompliano coming up on the crypto faithful and curious should interpret all the moves. in the meantime, look at nasdaq inter-day because it's kind of made a mighty comeback and down at lows of session by about 155 points and down just five points so it's not a bad move here. the tech heavy index dumped after the open and pushed under water by a pretty significant plunge in alphabet shared. alphabet shares on pace for worst percentage hit in more
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than ragaini year and down 8%. this after the google parent reported a fourth quarter profit beat but fell short on sales, namely from google cloud, which took a hit not because that business is shrinking, but rather a shortage in data center capacity as customers increase their use of ai and google's gemini chat bot. if there's a silver lining, that's it. alphabet announced it'd spend an eye watering $75 billion this year to ramp up ai development and data centers. some investors like that. some do not. look at apple though. while it is slightly downright now, it's down about half a percent. it is mounted quite the comeback, kind of like nasdaq. in the latest oh, yeah, watch that tariff battle between the u.s. and china. bloomburg reports that china is weighing whether to launch a probe into apple's app store fees and practices. we got to look at tesla right now, tech punch saying that may
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waymo popping up on the you canner app. it's ice in texas and iowa autonomous ride hailing in los angeles, phoenix and san francisco and today launched "interest list" in the texas city through the uber app. customer cspan gain interest and say, yeah, i'd hail a waymo. letter to shareholders, tesla ceo elon musk said psychoer cab, its answer to waymo, is not some "far off mythical thing and will launch in june quiet quiet. ". let the driverless race begin there. we have real estate and utilities running ahead of the pack. in the meantime, it's only wednesday. it's been nearly 72 hours since u.s., canada, mexico tariff trauma and for the moment is resolved for the next 28 days. it's been 72 hours since it shook the markets. it's time investors learned a lesson on when to hold and when
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to fold on market moving headlines. find out how to gauge that. we get to floor show and bringing in kevin mahn and gene goldman. i'm calling them flash headlines. whether they're swirling around tariffs or this morning's news hours after u.s. postal service was halting parcel service from china, it reverse that had decision. in the blink of an eye saying the postal service forget about it will continue to accept parcels from hong kong and china despite a new executive order that would have required greater inspection of the packages. how should investors absorb the temporary shocks from the flash headlines? a lot are coming out of the white house. >> yeah, i would start, liz, by reminding all investors that headlines and volatility create opportunities. and we're off to a very strong start thus far this year in the stock market with a gain of nearly 2-point #% in the month of january. and that bodes well for investors because going back to
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don't freak out or touch portfolio kind of thing and be the adults in the room. >> thanks for having me back on the show, liz. 2024 market is like a teenager. a little moody and unpredictable and overreacting to news, but the good news is that give it time and we expect a very good 2025, a more mature 2025 market. why is that the case? it's the market. going for them and fed not raising rates and we've historically seen good but not great returns and right now is the volatility and teenager angst and the teenager angst is driven by the fed and cutting rates and fail cut rates and number two around surge in bond yields and they've come back a little bit in the last couple of days and number three, weird market dynamics and very high valuations pricing and
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imperfection and significant market concentration and you have the fact with so much investor optimism and 60% of investors believe that stocks will be much higher as a contrarean indicator and pricing together and there's moodiness and unpredictability on this. liz: market might be a little overbought and treading carefully and look at leadership as far as sectors are concerned, what do you see in the shift and where are you putting money? >> yeah, interesting point there. during the month of january, ten of the 11 sectors were positive and only negative center is information technology. who would have thought that to start the year when we had such a strong january that technology is the overall drag on s&p 500 and that created opportunity and looking for aerospace and defense as the government needs to continue to increase defense
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spending to replenish upgraded modernize capabilities and don't give up on the ai revolution just yet. all of that news coming out of deepseek and going to lead to additional opportunities with ai-oriented strategy and pick up the pace. going for approval or alphabet with $75 billion spent, anticipated spend in 2025. lean into those data centers and lean into the cooling solution to the data centers and then ultimately the utilities that provide the power that those data center needs, whether it's nuclear power, regular electricity, solar power or of course natural gas. and they're continuing to provide growth opportunities and income opportunities in the new year. liz: huge demand. huge demand and really quickly, looking at treasury yields diving on longer end of the curve and 10 year down below 4.5% and what message are you
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reading from that? >> we have shack, healthcare and quality invest.we're loading up on fixed income and with a 10 year treasury income and we're close to 5 and peeking at five and strong significant demand and going to be strength of a dollar and going to buy from retailers and that's going to have 2% over inflation. and strategy equities and buying fixed income. lauren: thank you very much. >> you as well. liz: folks, breaking news and marco rubio putting spin on eye popping statement from president trump last night that the u.s. will "take over gaza and that all palestinians should relocate to the u.s. can turn the area into the riviera of the middle
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east". trump's offer is to step in and clear the debris in gaza for reconstruction and that it's not meant as a hostile move. rubio's clarification comes after several middle east powers soundly rejected trump's gaza takeover proposal and saudi arabiaen officials saying they reject this effort from the palestinian land and reaffirm support for the palestinian state and we have to get more on this and fox news correspondent trey yingst is there live from tel aviv and we have headlines here and what are you hearing in the region? reporter: yeah, liz, news echoing across the region and president trump said the united states will take over gaza and the commander in chief leaving open the possibility of u.s. forces operating inside the strip. his plan is to have all palestinians displaced from enclave and relocated to countries like egypt and jordan
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and both rejected the idea and egypt and saudi arabia pushed back on the concept of forceful displacement and trump making headlines about iran saying if he's assassinated, he left instructions. >> if that happens to a leader or close to a leader frankly, you have other people involved and also you would call for total obliteration of a state that would include iran. so i'm signing it and it's a very powerful document and hopefully we won't have to use it. reporter: trump taking to truth social early this morning saying "i want iran to be a great and successful country but one that can't have a nuclear weapon. reports of the unit working in conjunction with israel going to blow iran to smith renos and i would prefer a verified nuclear peace agreement and letting iran grow and prosper. we should work on it immediately and have a big middle east celebration when signed and completed. god bless the middle east. today the iranians are
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commenting on trump's remarks overnight and signaling through state media they're open to conversations with the new administration. liz. liz: trey, thank you very much. we need right now to just quickly look at marks because we do have the dow jones industrials soaring. if you look at what's not doing well, disney sinking near the bottom and moana doing her part to spark a 44% jump in quarterly profits and why is the mouse house's stock sprouting leaks? we'll tell you in a moment. adobe doing cart wheels for the new ai-generated features and how do they feel about china's deepseek sending the entire field into gyrations over the cheaper and controversial model and news here in a fox business exclusive and only see him on the claman countdown. we are coming right back. don't go away.
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posted physes cal first quarter earnings beating esti estimatesd reaffirm the full year outlook and subscription took a hit and disney subs fell by 700,000 to 125 million. barbie parent mattel shares, they're in the pink up 13.5%, spiking to a 52-week high after providing upbeat annual profit forecast. toy maker planned to increase
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product prices to shield itself from trump tariffs and looks like investors believe consumers pay those higher prices. macro gains for super microcomputer after the ai server maker announced it has fully ramped up data centers and nvidia's blackwell flat form and that's the new you're talking more than 17% and filing going to provide fiscal second quarter business update on february 11. i'm just checking nvidia right now and more. the world's largest asset manager taking bitcoin success overseas. bloomburg says black robbing bl- blackrock getting ready to launch an itf and famed crypto
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liz: crypto sitting around 9,675,000. a new report from barron suggest ongoing trade disputes from china could furthered drive the price of bitcoin down. now, please keep in mind bitcoin and all the cryptos move all over the place minute by minute but barron's headline this morning read xrp price rises, slightly down today, but bitcoin falls. why the crypto could dive to l 0,000. 80,000 and uncertainty surrounding trade partnerships could push investors to tradition gnats safe havens like dollar or gold. will the president's goal of being crypto capitol of the world get derailed by his own trade disputes and early crypto investor pomp investments, anthony pompliani, big bitcoin bull. what barron is trying to say is
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bitcoin and rest of crypto is not immune to broader market herky jerky movements when the market scares has jump scare moments. how do you look at that? >> i laugh when the headline says something may happen. a meteor could hit earth, et cetera. there's a really important point where when you see a big draw down in price, it's not just the draw down they should pay attention to but how quickly is there a bid to push it back up and bitcoin is volatile and it immediately got back up and shows in bull markets there's a correction opportunistic 30% or more and in this bull market, weave not seen that and about 15% drops and volatility to the downside is being muted, which tells you that as that price draws down in some of the gyrations, there's a ton of people who want bitcoin and suggests that there's more strength? the bitcoin bidding, and i think a lotted is traditional safe
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haven assets are being replaced. taking to anyone 35 or under, they don't want gold, they want bitcoin. liz: gold hitting record high day after day after day and dollar had real strength when jump scare happened regarding the tariff on monday. which appears to have calmed down a lot because of the president going to be in the heads of canada and mexico agreed to pause for the moment. we're at # 7,000, 96 now a buying opportunity and going for them. >> it's a long time for the price and gold going with bitcoin like a ferrari and there's a whole different speed in bitcoin and gold. going for 45 years but performing every other as set and you're watching the world trying to price the new digital de-centralized currency and it's
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not just for individuals or public corporations or financial institutions. this may be for countries and what would that be worth? capital pools turn and add bitcoin, the total adjustment market grows and asset more supply -- more demand coming in and price goes up. bitcoin eventually at some point in the future worth over a million a coin and it's question of how quickly will it get there. liz: whoa, david sacks came out and was talking about outlining goals for digital currencies here in the united states and anything that jumped out at you that he said? >> i think people are trying to pick apart every single word they're saying. if you just it's going to embrace bitcoin and important
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deal and just like paul tutor jones and miller came out in 2020 and we own bitcoin, provided career cover fire. united states united states is providing career cover fire for every country in the world and united states embraces and every other country will say, hey, if it's good enough for the u.s., we should do this too. >> giving props to blackrock and larry fink. liz: his i bit and bitcoin etn mogul and all of them are legit wall street etf leaders and they jumped in, that was certainly really interesting and news that blackrock is looking to expand etfs in bitcoin in europe. now it's like it's spreading and it's fascinating. how far does it go? >> saying in 2020 for years the virus is spreading and we're
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allowed to say that again. bitcoin is a mental virus and see it in a certain way and they realized volatility and revenue and new customers, and that is the life blood of the financial firms and now penetrating into the united states and have blackrock, fidelity, many others saying wait a second, why don't we go and get customers in europe or asia or latin america or wherever. people figured out that bitcoin is a new thing and energy and attention and users that you don't have today and embrace bitcoin, good things happen to your company, to your portfolio, et cetera. liz: to that end, ibid jumping 128% since the launch a year ago. micro-strategy reports after the bell. they're the largest holder of
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bitcoin outside of the guy that owns if and they own 461,000 bitcoin. do you own any stocks like micro-strategy that invest in bitcoin that are sort of bitcoin adjacent? >> i own three stocks that are all crypto related and all have operating businesses doing very different things but micro-strategy pioneered putting assets on the bat lance sheet and those three do it. mini miner dos it and i think there's going to be a huge opportunity in 2025 for what i call bitcoin or crypto-related public equitieses and companies that operate in the space and putting assets on balance sheet and it's like a real estate company. real estate companies butt real estate on the balance sheet and balance goes up and balance grows and people are doing that here but with liquid assets and a symmetric and explosive.
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liz: now the three stocks. good to see you. pomp more bull irk than ever saying it'll go to $1 million. of bitcoin. we'll watch it all. thank you so much. okay, crypto explosion and companies roll out new features daily and spend a fortune. adobe well ahead of ai arm's race and got one feature, china's hot new chat bot deepseek can't replicate. don't have to be a fire fly on the wall to find out what it is. adobe chairman and ceo shantanu narayen telling us next in a fox business exclusive. look at dow now up 304 points. and see those two little guys right there? they are brothers from the suburbs of chicago, illinois. they went onto found who dow jones calls the top venture cap list companies in the nation.
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carter and courtney decided to start a spirit's brand, yeah, vodka, and ended up selling the company for a lot of money. took that money and founded m13 ventures avc firm investing in all things ai and visionary brands and building businesses. i had the chance to sit down with carter reum to learn what it's like to be known as gutsiest investors in the country and life with paris hilton, yes, that's his wife, and their generosity during the fires in california. they lost their home, but they are giving back to many others who also suffered greatly. it's my brand new episode on my podcast, everyone talks to liz, apple, google, spotify, wherever you download your podcast, we're coming right back with shantanu narayen of adobe. so, what are you thinking? i'm thinking... (speaking to self) about our honeymoon. what about africa? safari? hot air balloon ride? swim with elephants?
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of downloads and fan girling later, new chinese chat bot deepseek losing appeal and claman countdown learned that management and consulting firm booze allen, that does a huge amount of business with the u.s. government mass been pulling apart this chat bot in a so-called sand box. that's a controlled testing environment that insulates it from any company plat for the purposes in case it spirals out and does crazy things. booze allen telling me "no government system should be running it". i spoke both to ceo and cto bill voss that told me companies and government offices should just right away assume the chinese government that has significant connectivity with the private sector could use deepseek to infiltrate a system that allows it in. booz allen said some are impress and i have it's a transformer model and cannot produce videos. software developer adobe way
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ahead of deepseek and revolutionizing the industry and it'll imminently roll out to -- imminently roll out to the ai video generator available right now. adobe chairman and ceo joining me now in a fox business exclusive. on the heels of what i just reported and booz allen told us, what do you make of deepseek and ability to have your team looking at it? >> well, liz, first it's so great to be back on your show, and as you pointed out, the excitement around artificial intelligence and new models being created and the ability for these models to actually then have new applications created that deliver great value to customers is immense and at adobe, we've focused a lot more on creativity and how do we with fire fly models that you eluded to and enable anybody with a
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creative idea to express that idea whether it's in an image or vector or whether it's in a video model. so thinking about the state of the industry, deepseek or amazon or google or microsoft are doing, the amount of energy that's being invested into creating these models is fabulous. i think the real value will be in what are the new applications and interfaces that people create and value. whether you use it in a work flow or application. liz: your team came on and talked about rollout when fire fly was first available in the image generator for ai. we thought it was absolutely fascinating. you are very close to rolling out fire fly and you have a beta version but fire fly for videos and tell us what it'll be able to do and how you see it being adopted by consumers. >> well, the three or four real benefits of ai, liz. the first trying to ideate and
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have the concept to make available, whether it's in a text or image or video. the ability to just have a text prompt and create a video just creates a huge proliferation of content. adie bo is in -- adoe boo is in that space and use image model and video model to just start the ideation of creative process. that's one input. it's then how do you take that initial piece of creative and creating e-mail campaign and creating a new media and going to create a new application and really put that with deep products and power and precision and form of media and e-mails and i think that's where adie bee has spent a lot of time -- adobe spent a lot of time and usage of models in application like photo shop or premier or illustrator and the magic is happenhappening and creators are
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saying there's a model and going for concepting and ideation and then we have a power and precision of adie bo in order to take -- adobe and take that and traction late into the real creative content to create and that's on the individual and freelancer side. on the enterprise side, i think the excitement is even more because every enterprise is saying we want to make all of the campaigns efficacy of any media campaign that we've created in adobe with a product called gen studio is the only company doing this creation, production, and delivery and activation of the contend and then understand the analytics associated with it. if you're a b to c company or b to b and i want to accelerate the production of my content and understand which really work, we're the only company that can help you do that.
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liz: i find that really interesting and this weekend is super bowl and could be the first super bowl ai ad ever where there's a huge proliferation of ai-driven ads and coca-cola gotting a bit of -- they ruffled a few feathers putting out christmased a and seeing adobe pushed out this weekend during the super bowl. >> well, the good news is, you know, we're all eagerly looking at what content and ads will be placed and it's safe to say verb chilly every ad on super bowl, some piece of software used whether @ ideation part of on tent creation of the delivery and so i can't wait to see and it's all about what computers are really good at, liz s trying
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to take an idea that's a thought in your mind and making it a reality. that's where adobe play as role and same thing with acrobat, you have a document and we have ability to have interface and making that relevant in companies like legals. i'm excited about super bowl and can't wait for creativity and going for that and such a human trait and felt what adobe does is actually enable you to take that creativity and make that real. so people using ai going to use all the tools available to them and make them available and productive. liz: ai assistance you rolled out yesterday and lawyers sometimes miss important thingss in a contract. this is really interesting what you are able to do. i know d docu sign not doing wht
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you guys are doing and basically getting it to allow people to sift out some of the important parts of a contract and how is that going to add along with the fire fly video and going to your bottom line and stock has struggled over the past year all though it had a nice time. >> it's in pdf and a individual with all the information on your computer, whether you're an enterprise and thinking about your entire knowledge management, pdf is the format of choice to make sure it can be archived and accessed and disseminated with the fidelity that people want. nobody really understands what the document is about and it's
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what adobe did and acrobat assistant and going to be easier for assimilate and understand. this take it is a further step and now sunsing the document and we have maybe 50 contracts and how do the indemnification clauses work differently in each of these and this is really extending that intelligence from a single document you're potentially reading to the entire corpus of documents you might have and so it enables going for them and it's one more step and making a team and individual more product and i have enterprise more productive. liz s shantanu, one of the best
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and brighter in the business and coming onto talk about this and we both went to cal basketball, the bears are better positioned than notre dame and syracuse. how about that. >> well, go bears, liz. once is an alarm. liz: indeed. shantanu narayen of adobe, we'll continue to follow everything about your company. thank you. >> thanks for having me. liz: running band of doge warriors over the federal work force and will elon musk's right sizing of the government payroll be accomplished by tomorrow's buy out deadline or layoffs of federal workers the next step? we're doing live to capitol hill to get you latest breaking report. and don't miss larry kudlow's exclusive interview with new treasury secretary scott bessent. that's coming up in just about 23 minutes at the top of the hour. only on fox business.
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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. ♪ liz: arm holdings reporting after the bell and breaking news president trump speaking in the east room of the white house at
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this hour. he's about to sign an executive order on no men competing in women sports and more importantly for federal workers and there are millions of them. we are one day, eight hours and change away from the president's deadline for federal workers to accept a buyout offer about 20,000 have already agreed to resign their position and going to have a buyout as one of the president's initiatives to curb government spending and doge spearheaded by elon musk came under fire today at house oversight committee. listen to what happened. >> it seeps to me that the actions being prom learfield img gaited by doge lack legal authority. i'm not a legal scholar, i'm a scholar of executive politics and public management. but from what i can tell, this
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violates about them granted by program with congress not going to be unilaterally by the budget. liz: that was an associate profestivus torr questioning the legality of musk's actions so far. those actions include his plans to shut down the u.s. agency for international development or usaid. that's just one of them. hillary vaughn live on capitol hill with more on the hearings and next steps for doge and hillary. reporter: liz, wouldn't think that government agencies paying for premium news content going to cost that much money and added up to astronomical amounts paid for by american taxpayers and it turns out that the u.s. government has paid millions to news organizations for in the way of subscriptions like politico for access to premium content and those millions though are not being dried up by
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doge. >> 8 million taxpayer dollars gone to subsidizing scriptions to politico and american taxpayer's dime no longer happening and the doge teamworking on canceling payments. we're going line by line when it cops to federal government's books and this president in his team are making decisions across the board on do these receipts serve the interest of the american people. >> cutting government waste is one part of the doge mission. reporter: it's leaving 60 billion and counting and going for politico work force is another part of the big force and going to not need to do mass layoffs and going to get enough federal workers to accept deferred resignation buyout offer on the table and if they don't get enough workers to accept the buyout option and might have to. at least 20,000 employees taken the buyout option and the goal though is 2-5% reduction enforced government wide and some democrats once on board with the idea to cut costs and
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save money but once elon musk got to work, they changed their mind. >> we must be made to pay. we must enforce the law. >> it is pretty clear we have t- >> shut down the city! we are at war. >> we've got to tell elon musk nobody elected your [bleep]. reporter: and, liz, the congresswoman is right. no one elected elon but vice president jd vance pointing out today that president trump was very up front with voters about what his plans were and what he wanted elon musk to do. he's doing just that. the federal judge blocked executive order for birth right zitsship and running through the halls and listening to a lot of member was congress. are they saying whether it's the deputies or republicans that
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they want this to slow down at all in any way before any missteps legally? reporter: certainly, democrats i talked to think what 'em is doing is arch constitutional and taking to the courts every step of the way. i pressed them about whether anything elon musk is doing is criminal, they see no evidence of criminal behavior at this point. liz: hillary, thank you very much. we have this coming to the markets. david is beating goliath. russell 2000 outperforming nasdaq year-to-date and despite the federal reserve keeping interest rates unchanged last month and they did not lower them and we do know that small and mid caps live and die by about to borrow money and stick with the sector and strategist
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for franklin templeton and view buying small caps through the prism of higher for longer interest rates. >> here's the quick story and positive on s&p 493 if you will excluding the big one and going with the small caps and large caps over the last few years and going going with them. and that's going for them and all the political news going on and we think there's a opportunity there. be careful those are sensitive to interest rates. liz: teach us how to collect the right ones. >> you're in a situation where half of them is not profitable and those are often bio-tech stocks. for stock pickers and i see the small caps are a place for
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opportunities to pick stocks less sensitive to interest rates and pick stocks less sensitive to tariff action. that's complicated and do some research and it's not just where a company sells to but where it gets input from. so there are stocks that are more manipulative if you will. and they'll do well in the new environment. we're not -- we think the market is positive and up 10, 12% this year. we think it's shifting and not so much driven by the sudden stocks. liz: that said, look at market machinations and gyrations saying that's a buying opportunity and when it comes to profitable small cap frames. >> we, yalely two things and research the companies and two, to your point, there's a look at market machinations and look at them as opportunities.
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i joked this morning for a guy like me, the whole trump administration is fantast and i can so much talk and confusion that make it is hard. that's where we see opportunities. liz: that's the thing we always try and let our viewers understand and that's how bust does it and going fearful and going to be wonderful and thank you so much. the nasdaq unchanged lineup of 167 times and bulls coming out on top for the nasdaq and s&p, dow and russell. stay tuned, kudlow is next. larry, hello, folks, welcome to kudlow, i'm larry kudlow, we're live in washington dc. seems like the congressional budget office is now suggesting they had it wrong all along. admitting lowered tax rates and produced higher tax revenues and we'll talk about this and much more in the very first interview and u.s.
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