charlie gasparino has exclusive details on gigi song's candidacy charlie breaks it next and we talk aviewers say i don't get it, i sort of get it, this guy on your screen, carl ru nefelt, he is a bitcoin bull and top crypto youtuber joins me on my everyone talks to liz podcast. three years ago carl was a high school dropout and grocery store clerk but he envisioned success. a life on private jets and yacht s et cetera and what he ended up doing was educating himself and then millions of people on his crypto success and why bitcoin, he says, is king and will always be king. hear his powerful story and how he spent, oh, yes, the other day , $1 million on buying a crypto nft. listen to it on spotify, google, wherever you get your podcast closing bell ringing in 18 minutes the dow is now a little bit more comfortably in the green up 60 points we are coming right back with charlie gasparino. as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. [engine humming] [clapping] “we will rock you” by queen ♪ the new

neil: well, i want to thank charlie gasparino, i want to thank charlie brady, especially want to thankn your sleeve. i'd never know just that you were all numbers all the time. >> i'm still numbers i just don't like the numbers i see right now, neil. charlie: it's great to see you. you're so smart. neil: he's very smart. charlie: i'm surrounded by geniuses here. >> no, i'm just obsessed with numbers. neil: aren't we all? now, if any younger people are watching us that are annoyed, we'll try to do something. i don't know what. we'll have more, after this. this... is the planning effect. this is how it feels to have a dedicated fidelity advisor looking at your full financial picture. this is what it's like to have a comprehensive wealth plan with tax-smart investing strategies designed to help you keep more of what you earn. and set aside more for things like healthcare, or whatever comes down the road. this is "the planning effect" from fidelity. (vo) t-mobile for business helps small business owners prosper during their most important time of year. when you switch and bring your own de

charlie gasparino telling us what they revealed about coming regulation. forget the apple polishing clock. elon musk wants you to blow the whistle on the tesla cyber track. yes that thing on the left is a whistle. let's get to this. breaking news it is here doctor anthony fauci announcing before 2:00 p.m. eastern time that the first case of the omicron variant has been detected in california. the individual in question had returned to san francisco from south africa and tested positive on monday. the markets which have been in the green you can see from the intraday charts spasmed and fighting to stay in the green for the dow and the nasdaq is down 45 points. the dow just up a few points as the nation's infectious disease expert revealed new untrained u.s. case number one was fully vaccinated and at this hour self quarantining. the symptoms are reportedly mild and all close contacts of the individual have tested negative. airlines are down 1% earlier. the gap down, american airlines has the most frequent flights to south africa from the u.s. in conjunction

charlie gasparino, by the way he mentioned his lasagne. e talks to liz podcast. even if you hate him, you gotta hear it. he outlined his christmas dinner recipe, this guy, you don't know it, he's an amazing chef so you've gotta download it for the big secret he's got a cookbook coming out. it's not out yet so you'll get the recipes first on apple, google, spotify anywhere else you get your podcast. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately . . ♪♪ it starts with a mother's determination to treat her baby's eczema. and grows into a family business that helps thousands more. it starts with an army vet's dream of studying the stars. and grows into a new career as an astrophysicist. i

charlie gasparino on that.ouple of you were asking what is going on with tech stocks today, neil. the dow didn't do much. what about to the nasdaq? showing nasdaq falling about 2.5%. that would be close to 400 points. now technology issues that dominate the nasdaq, they're very sensitive, perhaps overly sensitive to a hike in interest rates. they were disproportionately affected here. sometimes that doesn't pan out when you think of an amazon or microsoft or an intuit or some of these other big tech names. they seem to be resistant to a lot of things including the global pandemic. the fear of higher interest rates and people will seek out alternatives because of the higher rates. keep in mind, we've had people seeking out the technology stocks. if rates are going up, there's alternatives to the technology stocks. some see that as an excuse to take profits and run. at least today. stay with us. you're watching "your world." . tremfya® is approved to help reduce joint symptoms in adults with active psoriatic arth

liz: charlie thank you, charlie gasparino, the semiconductor chip shortage creating headaches for techoser says one semi company could be the star of your portfolio. closing bell is seven minutes away. the dow now up 206 points we are at session highs. the s&p, it's at a record right now, we'll see if it can hold. in a recent clinical study, patients using salonpas patch reported reductions in pain severity, using less or a lot less oral pain medicines. and improved quality of life. that's why we recommend salonpas. it's good medicine. group ten metals is advancing its world class battery and platinum group metals project in montana as a major us source of commodities essential to the green revolution. stillwater west currently hosts over one billion pounds of battery-grade nickel, copper, and cobalt, plus over two million ounces of platinum, palladium, rhodium and gold. for more about the company's 2021 resource estimate and near-term expansion strategy visit grouptenmetals.com. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you

charlie gasparino has this story what is she looking for?olved could get tossed, and if it results in a case, obviously. they are just right now, its been disclosed there was an investigation by finra and the sec, they're looking at the filing, obviously there was money raised from investors that was not disclosed i'm not sure you even have to disclose them but it was interesting that she comes out first, then there's the investigation. so, i asked my sources, does this somehow taint the investigation? and these are securities lawyers my sources who worked at the commission in the enforcement division, a couple pointed out, number one, if trump did the same we'd be hearing a lot of outrage. trump did some of the same stuff we should point out. he got his anti-trust division to go after cnn or excuse me, at&t time-warner, because he didn't like cnn, so there was some of that, but, you know, this is, it does taint the case, and that tainted the cnn case by the way, or the at&t time-warner case, that did taint the case before a judge, and as yo

well said, my friend, charlie gasparino.ing quarterbacks in the country at central college and iowa, a division iii school, but this guy has an incredible arm and averages, you know, five touchdown passes a game. i don't know many who are doing that. yet whatever his promise in this field, it seems to be substantial, he wants to be a football adviser. he wants to be the next charlie gasparino -- [laughter] which i want to tell you, blaine, aim higher -- [laughter] >> and pass your, by the way, pass your series seven -- [laughter] neil: i have no doubt. he's a top student and a top quarterback. blaine, it's an honor to have you. what makes you want to not go the pro route? i know it's a division iii school, but other division iii have become professionals. maybe not heisman trophy winners, but i'm wondering in your case why turn your back on that? >> yep. you know, i set out to accomplish a lot of goals in my football career, and at this point i've kind of reached the end of that road, and i understand a professional career i

. >> ♪ neil: what's going on with this ongoing lockout from major league baseball and charlie gasparinou hearing? charlie: neil, do you pick out the songs for your show? neil: no, i do not, because i tend to gravitate to chants, that sort of stuff and they say no, but that might have been here. charlie: i knew that, because the music is actually getting better with that song. neil: thank you very much. that's our young up and coming kids. charlie: [laughter] by the way that's my era, that's not these kids. neil: no. charlie: they are into cardi-b. one thing we can say is theres two things that everybody agrees on. both sides don't like each other , owners, players are hopelessly deadlocked right now that's the first thing they agree on. the second thing they agree on i've been talking to people at the league level, the owners level and also with the players, the only thing they agree on is that baseball is facing an existential crisis right now. not only is the game slow plotting, teams essentially don't spend money they have, don't ask me why they do it but they aren't spending money,

to charlie gasparino. he's got the flu. not covid, she said, the flu. liz: feel better, brad. >> yes, feel better. we asked jay clayton to come on the air. i have to ask jay, jay works for cnbc, essentially, a contributor. so just so you know, i mean, i understand why he can't come on our air. we asked him for a comment, they did not provide one. so why do these guys don't like each other? particularly garlinghouse does not like jay. jay's last thing, the last thing he did while sec chair in december 2020 was i sue ripple over the sale of its xrp cryptocurrency that the sec said should have been a registered security xrp, and ripple says, no. liz: versus a currency. >> now, you know, cryptocurrencies like bitcoin, like ether, the sec has deemed them currencies or commodities. they do not have to be regulated by the sec, they don't have to go through the rigamarole of registration which is time consuming, and you have to put out quarterly reports on your underlying company. it's a big thing. so garlinghouse

neil: all right, charlie gasparino, thank you very very much. g to the movie theatre. charlie: do streaming. neil: yeah, i bet you will. stay with us. (kate) this holiday, verizon has the deal that gets better and better and better. get iphone 13 pro, on us, when you trade in your old or damaged phone. here, the phone everyone wants, on america's most reliable network. better? (guy) better. (kate) that's not all. the new iphone, and up to 7 entertainment subscriptions for your family. like apple music, apple arcade, and more. better? (family) betttterrrrrr. (kate) not done. the new iphone, the entertainment, and up to $1,000 when you switch. (carolers) [singing] betttttter. (kate) this year, holiday better, with verizon. because everyone deserves better. welcome to allstate. where you can pay a little less and enjoy the ride a little more. ♪ ♪ ♪ ♪ now, get new lower auto rates with allstate. because better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today. ♪ ♪ 'tis the season to break

charlie gasparino has this. like the communications world. it's actually conservative media , the big, well i guess small, i don't know, they are prominent conservative network, and initially through its president, charles herring came out and supported her and now that seems odd but oan is essentially saying she's for diversity in the media maybe they can get on more cable boxes they were being kept out by comcast at least that's the theory. literally, like two days after that, the founder of oan and his father, robert herring came out and said, my son is wrong. he didn't do it. he doesn't speak for this network. we are not supporting her and had some pretty critical things to say about ghighi. she's very progressive. just full disclosure i've butted heads with her in the past, i actually find her to be really smart. she has some very stride entertainment views, some views that are just, you know, if you're worried about the first amendment, it's pretty crazy she's come out taking shots at fox saying that maybe

charlie gasparino has more. ey memo that fox business has exclusively obtained pertains specifically to brokers. now we should point out that morgan stanley has the biggest brokerage salesforce those are people that deal with the average investors, you're a broker when you want to buy stuff from morgan stanley that person has been encouraged particularly if you live in new york to stay home and do your business from home. that doesn't mean you can't meet with clients but you probably shouldn't meet with them, they said, in the memo, keep gatherings extremely small, stay-at-home, still provide what they consider good customer service, but do it remotely and i think this is just the beginning. i think what you see now, liz, is aside from this exclusive news is like a movement directly towards a rehibernation on wall street as covid surges again. ubs this is exclusive to fox business, canceled its christmas party, lion tree canceled its christmas party. we just confirmed that goldman sachs canceled its christmas par

to charlie gasparino on that. a weird day. what do you think, charlie? >> strange.going to raise rates more, a lot of maybes. what the street took from this, my read and the read of traders that i've been talking to, he's a little weaker than they thought. there's a lot of wiggle room. if covid spikes up he may bake off the rates. we have the variant right now. so put that together. there was a relief rally. you can see it not just in the overall stocks, i saw it in crypto which is an inflation hedge. their prices went up. so there was a clear everybody is thinking that the rate increases may not be that big of a deal, right? here's the irony here, neil and the maybe contradiction of sorts. i don't think that just because you have a spike in covid and more shut downs or businesses not doing as much because of that, not bringing their workers back to the office, i still think we're going to get inflation. it's just the nature of what's going on with the supply chain. the supply chain has problems because there's so much welfare benefits being pumped through the syste

joining us now from connecticut charlie gasparino, senior correspondent and fox business network in dallas who writes the fourth watch newsletter, charlie, we both know chris cuomo and we know that jeff hired him and has hired him. what do you think suspension could have ended after christmas and he chose to cut cuomo loose? >> well, the heat got too intense obviously the extra documents did not look good. i like chris. i take no great pleasure in this, but, you know, what's interesting here, howie, my view is this is a failure of management in so many different ways. you know, chris stepped over the line but you almost expect him to because that's his brother and you know he's close to your brother and you may step over the line. i'm just wondering did jeff zucker ever sit down and say to chris, we know that you're advising your brother at least nominally or uninitially, here are the rules of the road that you need to do or take leave of absence. remember they offered him a leave of absence to do that and that's where the i think the journalism ethics or last of ethics come in here. what

we've also got charlie gasparino dr.ier and congressman mike gallagher and senator marsha blackburn in the white house briefing, all had peer the next two hours, more stuff to the christmas goose. join sandra smith and me at the top of the hour for america reports. see you then. >> harris: it is december 7th, 80 years to the day since the horrific attack on pearl harbor. we lost 2400 u.s. service members and civilians. when japan launched that surprise assault on our naval base in hawaii. until september 11, it was the deadliest attack ever on american soil. president franklin roosevelt, famously called december 7th 1941, a date which will live in infamy. as it pushed the united states into world war ii. this year, dozens of pearl harbor survivors, just 150 them, will gather. 40 of them are veterans of that very day. most of them now, nearly 100 years old. attending the ceremony. and it just moments from now, we will mark the exact time of the deadly bombing with a moment of silence. it is 12:55 p.m. on the east coast, w

charlie gasparino, the best of the best in business news. best market watchers, young he is is. >> neil, appreciate that. neil: charlie raised a fascinating point here. it happens, this idea that this thing falls apart, obviously it is not good for the president and democrats for the time-being but i'm wondering how the markets would react to that, the formal realization that build back better is not going to come at all, it is just not happening? >> so i think we see that the market is very knee-jerking right now with reactions like with thanksgiving with the omicron variant, right? so i think the knee-jerk reaction this was not to go through was definitely a negative reaction. we're thinking all this money and stimulus will be pumped into the economy which could inflate asset prices. more money for people to spend, right? long term i think it would be actually a good thing, especially because again taxes don't have to rise to pay for all the things that we are doing. so i think there is this both sides to that, but i'm a long-term thinker,

and even some of these meme stocks coming back at least getting a little bit more attention, charlie gasparino foremost there, what do you have , my friend? charlie: that's an interesting chart. it's up a little bit today, after amc has been down like over 65% or something like that neil: it's getting to be like bitcoin. charlie: since it hit a 52 week high a couple months ago i will say this. if you look at the way these are trading now, the highs are lower than they have been in the past, when they bounce up, and it's usually on this retail buying, they all get together on the chat rooms and say oh, we've gotta buy the stock, because we have to screw the hedges and short squeeze coming, so you've got a couple people, you get people bouncing in but the highs is still not as high as they were in the past. the jump is not as high as it was in the past. the lows used to be, the lows are a lot lower than they were in past. the downdrafts are a lot more violent as we had yesterday, amc was down 15%. neil: what does that mean? charlie: first off i don't think there's a lot of hedges in this , it's

they wanted to get ahead of the spread of the virus but according to charlie gasparino, some are not charlie: liz, i think citigroup is one of those as well. liz: it's a report from reuters. charlie: we have calls into them and they aren't denying it, they can call me up and deny it but here's the thing we should point out since the 2008 financial crisis there has not really been company-wide holiday parties at the big firms. they just thought it looked bad, they came under pressure from the media, holding parties, while they were getting bailouts you know the saying so they haven't had company-wide parties usually when they do get together it's by department, and i think that's what we have here, we had certain firms, even by department saying no, it's the omicron, the thing is too much, you know, we got a spike in cases, let's hold off on it this year those were some of the firms but we found that three firms are having, are allowing departments to determine what's up, whether to do it or not. that's jpmorgan, morgan stanley, and goldman, so it's up to individual departments. obvio

charlie gasparino on all of that. buddy. >> see how aggressive he is explaining about monetary policy. if he is very aggressive, i screwed up, he will not say it in these exact words, they never admit they are wrong. i screwed up. it is not transitory. we'll do all to fight inflation going forward. neil: how much does he spell out? >> this is a balancing act. usually with greenspan during these things he was very cryptic. he wasn't cryptic in this his policy, you kind of knew. if you saw a bubble, the problem with greenspan is the end. he missed the financial crisis. he basically kept interest rates too low towards the end. then it fueled the housing crisis and everything. but during his long tenure he was masterful at pricking bubbles, at figuring out when it ease, when not to ease. he was really good. you kind of knew what he was doing. knew what was in his head. he used to give speeches, stock market is overvalued, irrational exuberance. we're taking that into account. this is a balancing act. my guess is he will c

jackie: david, i want to go back to you because charlie gasparino wrote an op-ed in the post over theeekend, saying killing build back better will be pad for gdp. no matter how you call it stimulus is stimulus t would have cost so much more to increase inflation essentially we would be in bad shape for next year. your thoughts? >> i tend to agree with charlie. i mean there was the knee-jerk pronouncement by goldman sachs gdp would fall dramatically but i don't see it that way. first of all we have trillions of stimulus already in the system including hardcore infrastructure bill that was passed last fall. on top of that you always have to remember if we have another bill how are we going to pay for it? often the answer is taxes. you know taxes is anathema to the market. indeed many strategists are now increasing their earnings per share by corporations by 3% or more to account for the fact we're not going to see a general corporate tax increase anytime soon because of this delay. finally of course remember typically we're told gridlock is good, they can't pass the bill, we're back to

charlie gasparino is all over this story. charlie? bitcoin turned around, i thought it was interesting. charlie: you've gotta look at bitcoin, all of the cryptos, look at the meme stocks today. there is a relief rally in amc. liz: we're talking bitcoin and then amc? charlie: it's the same trade. the trade before here, before today, was that if powell comes down real hard on inflation, threatening to raise rates six times as opposed to three times, you know, and he said it before, keeps using the word may have to do this so there's a little wiggle room here, you could have seen a fall off in all these stocks or even the most speculative stocks, the most speculative investments are meme stocks and the cryptos. they would have fell, dramatically, if he signaled he was going to get very aggressive liz: look at this intraday. charlie: it's pretty interesting so what you have right now since powell is a relief rally both in the memes and in cryptos, so it just means to me that the market is saying thank you, chairman powell, you're not the

charlie gasparino on that.very positive conversation with mitch mcconnell avoiding that as of midnight friday that is if they don't get something done but chris coons of delaware, i believe, has said no he doesn't sense anything like that happening, and is hanging on republicans likely to force the country to the brink and the government lights start going out friday night, so pick your poison. we'll have more, after this. you're a one-man stitchwork master. but your staffing plan needs to go up a size. 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 what's strong with me? i know when i'm ready for a rest day. matching your job description. ...so i can be ready for anything... tomorrow. find out what's strong with you with fitbit sense and daily readiness. ♪♪ care. it has the power to change the way we see things. ♪♪ it inspires us to go further. ♪♪ it has our back. and goes out of its way to help. ♪♪

charlie gasparino has been following all of that, joins us now. >> i've been combing the commercial reali have sources that know a lot about what's going on, and and here's the amazing thing. even -- despite the fact that jamie dimon at jpmorgan, james gorman at morgan stanley, david solomon at goldman sachs are saying we want you back in the office, you would think the city would be -- commercial office space would be filled right now. it's not. from what i understand, it's up to at this point right now, it's still up to 80% vacant, okay? now, if you look outside, looks pretty crowded, but apparently in the offices it's not. neil: reinstating some of these pretty tough rents, right? it depends where. >> well, it depends where. and on the commercial, the commercial problem is a little different than the residential. neil: understood. i was talking commercial. you're saying finish. >> by the way, here's the problem that eric adams has, without people fully back to the office, the service sector in new york suffers dramatically. tax revenues go down, and he knows, so he is redoubling effor