gerry: will be back next week with more interviews next week on "wsj at large" with gerry baker thanke to barron's roundtable we get behind the headlines and prepare you for the week ahead. i am jack otter covid booster shots gaining approval from vaccinated adults in the us pfizer ceo joins us with his pandemic outlook and the latest on the company's covid-19 treatment pill

gerry: i gotta cut you off., really quickly we will have you respond to that. >> cash bail is not the entirety of the crime issue in the united states. police are retiring and quitting their jobs because city councils which are dominated by progressive democrats like milwaukee for example are reducing their funding and reducing their ability to investigate crime this is not just a cash bail issue there is a wide variety of policies being pushed almost exclusively by aggressive democrats, not all democrats, progressive democrats that is causing an increase in crime in the country. >> where is the proof. gerry: have to take a break. when we come back will hear from one democratic member of congress who wants to empty federal prisons. how far will this progressive how far will this progressive approach to normal [gaming sounds] [gaming sounds] [gaming sounds] just think, he'll be driving for real soon. every new chevy equinox comes standard with chevy safety assist, including automatic emergency braking. find new p

gerry: friendly with your thanksgiving turkey likely to cost 10% more than a dead last in gas prices parts of the country at $4 a gallon, joe biden has acknowledged we do indeed have a problem. >> and jobs are, and savings are up. but we've got problems too. many people remain unsettled about the economy and we all know why. they see higher prices. >> the worry is it may already be too late. history tells us getting inflation under control once is it is incredibly painful. the late president bush if he were still with us could tell joe biden what that could mean for president seeking reelection. former president obama counsel economic advisors thank you both for joining us. >> it thank you gerry good to be a pretty quick states on to your one of the democrats who were coming to your credit warning back at the start of the year about inflationary pressures and raising questions about whether i might actually add fuel to those inflation do you feel vindicated? >> i think the fiscal stimulus was midsize. i'd date it all back to december of 2020 when president trump came out of said send

gerry: if we learn anything is voters went off the progressive chain.less agenda and their kids classroom sparring over critical race theory and parent input. cnx opposed to 51% of the states voters think the democratic party is already too far to the left. but the democrats listing or the gap between moderates and progressives continue to widen question requests bring back sean duffy and just guitar left to discuss. this does seem to be what voters in virginia, you can't hold a purple state anymore it's a solidly blue state they rejected it and they said they really do not like that with the democratic party has gone. do you think that is about -- wasn't really about the specific issues in virginia or is there a larger problem whether it's the handling of covid, the economy, the whole direction of the democratic party? >> i'm not going to say it's probably the whole direction of democratic party for a lot of people in huge positions of power like whip jim clyburn gets brought in to save every election he made joe biden president with what went on in so

gerry: will be back next week with more interviews next week on "wsj at large" with gerry baker thank you for joining us. >> welcome to barron's roundtable we get behind the headlines and prepare you for the week ahead. i am jack otter covid booster shots gaining approval from vaccinated adults in the us pfizer ceo joins us with his pandemic outlook and the latest on the company's covid-19 treatment pill chinese president xi is tightening his controls the country celebrates the communist party's 100 anniversary. do investors need a new playbook? we begin of the three most important things investors ought to be thinking about right now. it is a tale of two markets as the dow is down and bonds disagree but spending stores and we will sort it out after a big run on gasoline prices are sliding is that a new trend or just a breather the president asked the ftc to investigate oil and gas companies speculators are trading options. what this means for your portfolio. so here is the tale of two markets, you are seeing contradictions tell us about some of these. >> you mentioned inflation and t

all right, thank you gerri very much, gerri willis following that.ity since, you had a very very nice return, taking a look at bitcoin and others right now, regardless of the volatility in recent days have been on a terror certainly over recent weeks, certainly, before most, grant joins us right now the blockchain ceo, very good read of this phenomenon here. grant, always good to have you thanks for coming back. >> good to see you, neil. neil: we were just showing gold, it's doing well, its been on a roll of late, bitcoin has as well, maybe not as dramatically of late here, but a lot of people look at them as being hedges against what's going on in the stock market. i'm not so sure i buy that because sometimes they are all in tandem with the stock market regardless but where are you on this? >> absolutely. i think it's clear as day now that bitcoin is the new gold and you see the conversations of so many people they aren't talking about buying gold as much as they are buying bitcoin and its become a hedge especially with the new inflation numbers tha

gerri: that's absolutely right, neil, moderna and pfizer is cleared by the fda for all adults 18 andompleted those primary vaccinations. now, moderna ceo in a press statement saying this , this eu a, emergency use authorization, comes at a critical time as we enter the winter months and face increasing covid-19 case count ies and hospitalizations across the country, we thank the fda for their review and confidence in the robust clinical evidence that a 50 microgram booster dose of mrna 1273 induces a strong immune response against covid. now as we take a look at the caseloads and deaths they've been falling but medical experts are warning these winter months may bring even more cases as people are forced to stay inside their homes and their offices and you saw the news today, neil, that austria is re instituting lockdowns and they're also saying we're going to mandate vaccines don't want to go there, caseloads and deaths here in the u.s. as they of course are falling as i said. now pfizer is recommending its booster dose be administered at least six months following completion of pri

neil: gerri willis, thank you very much.ting thing we'll get into later in the show, fair share, whether the wealthy should pay fair share. i raised that with the transportation secretary of the united states, pete buttigieg, finally put a number on what might be a fair share for the wealthy. you might want to stick around for that. now we jonathan hoenig who you could argue doesn't pay his fair share. he is very wealthy. taxes are like an afterthought to him but, jonathan, this issue with tesla, elon musk, selling some of his incredible gains to gerri's point, it is not really walloping the stock at all. in fact it tamed the losses as the day ensued. what do you make of the stock market reaction to this? >> i'm surprised it has come back as much as it has. as gerri pointed out neal, it sold off quite a bit at the start. this is long term, even if tesla comes pack today, this is long term very worrisome impact of the market, not because elon is selling stock but the reason he is talking about. he selling stock to pay taxes.

. >> this week on "wsj at large with gerry baker" the democrats barely passed their plan even as theill add significantly to the deficit contradicting the president's claim the cost is zero.

now as we head over to north africa, it's looking increasingly wessa for our gerry, a fortune easier. thanks to a storm that's brewing in the mediterranean. we are going to see some heavy rain come into play and we could see some flooding with that. but it does dry up slightly fortunately, or by the time we get into thursday. for the south of this is we had a central africa. it's not as wet as it has been recently for the heavier showers. we have to look to the republic of congo anger bond. we could see some too intense downpours here in the days to come. what is it for southern africa? it them, bob, we am botswana that will see the wet weather in the days to come. ah, ah frank assessment is or kiss likely to change pages behavior it'll, it's not going to change their behavior. they are going to continue to do what they do. and in depth analysis of the days global headlines inside story on out jesse era. ah, the un works the release of 16 ethiopians staff who have been detained by the government in addis ababa. ah, hello malcolm on peace. adobe. you're watching l 0 live from our headq

gerry: that's a great note to and don, coming together as a country, we need more of that. thank you for coming together. thank you very much for joining us. that is it for us, next w w w wk more in-depth interviews, thank you very much for joining us. >> "barron's roundtable" sponsored by invesco qqq ♪ ♪ >> welcome to the special edition of "barron's roundtable" it's a hot market buyers guide. i'm jack otter. both begin or in season investors want to know more about. first up crypto. digital assets belong in your portfolio? , how do you buy them and how can you reduce only them, electronically. rick will explain. later stocks are almost sensitive as they were at the height of the.com bubble. how do you find value in this market. wrist downed shows his techniques. one of the biggest purchases as their car whether it's used or new will find a how to get the best deal from a man who has purchased and tested more than 150 vehicles. car expert mike. on the bearing roundtable ben livingston, carleton english and jack hough. joining the panel for the first time, personal finance

gerry: this week on the wall street journal at large, more disorder in america.n many major cities run by democrats as progressive wage war on the rule of law itself. plus kovic cases are on the rise again and in europe lockdowns are back despite the rollout of vaccines. if the u.s. heade f a

neil: gerri, thank you very much. just amazing. gerri willis.ing to the pfizer ceo about all of this, albert bourla. one fascinating footnote of the significance of today's announcement is it could be taken at home after the first sign obviously covid. so just -- of covid. even after you've come down with it, like, you know, a double bang there for the buck that this will cut it off at the earliest impasse and is even in the case of having it, dealing with it. so it's such a big deal many that regard that that's why so many are saying that this could be the first if steps toward eradicating covid all across the globe. we're on that and so much more after this. ♪ if finally it happened to me. ♪ right in front of my face, i just can't describe it. ♪ finally it's happened to me. ♪ right in front of my face, and i just cannot hide it ♪♪ always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds li

. >> this week on "wsj at large with gerry baker" the democrats barely passed their plan even as theim the cost is zero.

gerry: hello this without wall street journal large red alert the democrats as voters reject them, theirld the resulted virginia, new jersey and elsewhere spell doom for joe biden's agenda? hope for the republicans in next year end hope for the coun

erin, what do you think of this trend that gerri was outlining?to be a pattern here, could pick up the ace. how do these things usually go? >> you know, it's not surprising how high priced the overall stock market is, and this is a time where companies can try to extract just a little more juice out of their prices by splitting up. but this has been in mace for a long time. -- place for a long time. it's usually the type of companies that are not highly valued, that are lower values. you see companies selling lightbulbs and diapers and shampoo. so those companies that aren't the really hot, faired companies. we're not seeing amazon split up, that's not in the rumor mill. it's the companies that want to be able to split up so at least one of their business units gets to be that really highly valued company. and in this case the pharma is splitting away your shampoo into the pharmaceutical to get a little more price push on the pharmaceutical side. it's a trend that has happened in the markets, i guess i would expect more companies to be announcing

gerri, thank you very, very much. gerri willis following these developments. the election results we've seen in some of the prominent states virginia and new jersey but i do know that those prices are still going higher, maybe a lot higher. jeff flock all over that after this. flexshares are carefully constructed. to go beyond ordinary etfs. and strengthen client confidence in you. before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ♪. neil: all right. if you thought that gas prices would ease up a little bit and be less of a hot political issue as they are an economic issue for so many you might want to think again, they're going stubbornly higher. a lot of folks say we have a tin cup out to opec and opec plus countri