chubb as well and caterpillar.a slowdown economically has dropped but in my view that is when you want to enter these names. liz: you're just going for the gold or the highest dividend, you're looking very long term as these companies have, at a business that has legs? >> 100%. you want to outperform the markets. these companies provide that dividend growth. i highly recommend investors to buy these, reinvest the dividend because that will compound over time, and increase the rate of returning. liz: hold on to them, he says, mcdonald's, chubb, caterpillar. eric bailey, thank you so much. >> thank you. [closing bell rings] liz: here we go home depot cofounder and business genus, ken langone will be here to talk about the economic outlook, the state of the world and yes, the political landscape. we'll see you tomorrow. larry: hello, folks, welcome to "kudlow," i'm larry kudlow.

we also like chubb a great deal. kind of out of favor in financial company, but it's a real hot market happening in insurance and chubb, we believe, is the best in class property insurance company on the planet. happy to be involved with that one a little more than ten times. >> but they don't have jake from state farm, david. >> no, no, no. >> or patrick mahomes. >> they don't advertise as much. they tend to focus on a higher end client who's more stable when it comes to premium increases and more able to take those on and continue to have the coverage they wanted. some of the lower end folks are going to deal with people pulling back on their coverages. i think they're very well positioned with this hard market to continue to do very well. >> you also like google. are you concerned that the magnificent seven has been underperforming? >> we want to be exposed to some of the magnificent seven. we don't own all seven companies. we like google a great deal. a company whose earnings have grown 2x ahead of the s&p 500 at

chubb as well and caterpillar. there are recently concerns of a slowdown economically has dropped but in my view that is when you want to enter these names. liz: you're just going for the gold or the highest dividend, you're looking very long term as these companies have, at a business that has legs? >> 100%. you want to outperform the markets. these companies provide that dividend growth. i highly recommend investors to buy these, reinvest the dividend because that will compound over time, and increase the rate of returning. liz: hold on to them, he says, mcdonald's, chubb, caterpillar. eric bailey, thank you so much. >> thank you. [closing bell rings] liz: here we go home depot cofounder and business genus, ken langone will be here to talk about the economic outlook, the state of the world and yes, the political landscape. we'll see you tomorrow. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. all right the israeli idf is punishing hamas murderers now throughout gaza but meanwhile iran terrorist proxi

operation is bitter, but it is only for a short period of time that we've had so many g r u executive chubb and of the african energy cham by he's currently in dubai, where the un kindly summit is taking place. he expressed doubts about the well, the nations who a feeling their commitments, when they tried to deflect blame upon others. when you look up a car 20 way, just past costs on the past. prophecies by wealthy western nations has be broken, promises broken pledges. i never ever kept up the true meaning all the on were let's just try me. to deputation weighs $100000000000.00 a every year that the promise, your poor nation. so the where we are the, we have 600000000 people down electricity, 900000000. dr. you could be technologies and did kelly not look bad on natural gas to abandon an oil, was the sod africa's natural and how i could do to provide him. so i've seen the want to be stop giving lectures, the office to go to the table on the table. on friday the truck maddie come on, set of solutions rather than he'll be boy scapes trying to play more that people africa. you still have 2.7

>> we have analyzed kathy's stuff and she does a decent chubb trading around her positions.s is the beta environment. we saw a corporate bond etf's had a record month this month in november. i think it more has to do with the fact that everyone is expecting rates to pause and people are even pricing for cuts in the first quarter. that obviously helps these nonprofitable tech names. our rate strategies doesn't think that cuts will happen in the first quarter. that's what the market is pricing and it probably would driving what's happening now. alix: he sees more cuts but later. another great story is on the terminal. it's the $7 trillion et of boom. basically, the passive etf flows create issues with liquidity and volatility. do you buy that thesis? >> i think there is some truth in this. more stocks are owned by passively manage phones and -- passively managed portfolios. passive funds over all include index funds and that number is around 21% for many stocks. it's more than just etf's. i think the data proves some of the stuff they were talking about. these passive etf's, a

even when we were single switch numbers, we were seeing -- and the premium for chubb switching was sayinge not going back to the 1970's and now it is falling and next spring it would be like 3.5. you have nothing to fear. jonathan: i have a treat for you to measure you come back. to majesty of a newcastle strip. look at that. lisa: they are called strips? ian: it is not uniform, it is a strip. jonathan: it is not a jersey. ian: it is a short. lisa: [laughter] anyone who looks at that totally agrees with me. jonathan: but the audience of newcastle is so deeply offended. thank you, it is good to see you. ian jefferson -- ian shepherdson. deeply offended. stocks were not positive on the s&p 500. coming up shortly, deutsche bank on ableist 2024 s&p 500 target, one of the biggest balls on the street joining this program up next. from new york, stocks positive. in the bond market, stocks are higher. no drama this morning. good morning. ♪ they told me there's no electricity on the island. we always thought that whatever we did here would be an emblem of what small communities can achieve. trying