thank you. >> thank you, david bahnsen joining us all eyes on the silver state do republicans have at in the state that has voted blue sin there are many ways to deliver a shipment. at old dominion freight line, we deliver them this way. this way uses technology and goes the extra mile to do things the right way. the delivering promises on time, every time, way. (calm compassionate music) in america, millions of families are facing hunger. "after rent and power, i can get groceries. it's sad to say food comes last." anna from texas. the feeding america network of food banks helps provide over 6 billion meals to people in need each year. together, we can end hunger. learn more at feedingamerica.org (calm compassionate music) >> we are doing great in nevada. the fate of our nation is in your hands. it's a very big state for us. it's a very big state. i love it were leaving for the first time ever we are leading in early voting. >> i know the people of nevada, you are battle born, we have five days to get this done, five days and no one can sit on the sidelines. maria: could republicans

thank you. >> thank you, david bahnsen joining us all eyes on the silver state do republicans have atate that has voted blue since 2008. were talking with the nevada republican party chairman next. it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. >> we are doing great in nevada. the fate of our nation is in your hands. it's a very big state for us. it's a very big state. i love it were leaving for the first time ever we are leading in early vot

thank you. >> thank you, david bahnsen joining us all eyes on the silver state do republicans have a state that has voted blue sin progressive makes it easy to see if you can save money with a commercial auto quote online so you can get back to your monster to-do list. super helpful. see if you can save money at progressivecommercial.com. thank you. if you have wet amd, you never want to lose sight of the things you love. some things should stand the test of time. long-lasting eylea hd could significantly improve your vision. more people on eylea hd had no fluid in the retina, compared to those on eylea at 4 months. eylea hd is the only wet amd therapy that helped 8 out of 10 people go up to 4 months between injections, after 3 initial monthly treatments. if you have an eye infection, eye pain or redness or allergies to eylea hd, don't use. eye injections like eylea hd may cause eye infection, separation of the retina, or rare but severe swelling of blood vessels in the eye. an increase in eye pressure has been seen there is an uncommon risk of heart attack or stroke associated with

stuart: david bahnsen still with me.l output 3 million barrels a day. that's' oil. how long does it take to do that? >> i think we have to remember that our country doesn't -- the government doesn't produce the oil. they get in the way of production. they need to to approve certain permits and things like that. but you also have oil companies that have to make economic decisions, and there's this thing called capital discipline where they don't want to do what they've done before, overproduce and end up having to get rid of a bunch at low prices. i think 3 million's aggressive, but if you have a good, growing economy, keep in mind, global demand's been low because china's economy's been so week. a can -- so weak. we have to have the capacity to produce another 3 million barrels. let oil production companies make the decisions. stuart: thank you, david. coming up, a dramatic transformation has a arrived. the president-elect is not tinkering with policy, there are no minor adjustments here. he's off and running way before

for more on this, we arejoined by david bahnsen, who is the chief investment officer at the bahnsen group. thank you forjoining us this morning. your reaction to that inflation data that seem to build on yesterday's consumer price index number that showed inflation rose right ahead of the election? it inflation rose right ahead of the election?— inflation rose right ahead of the election? it showed that it was u- the election? it showed that it was up 2% _ the election? it showed that it was up 2% and _ the election? it showed that it was up 296 and 2.6 _ the election? it showed that it was up 296 and 2.6 year - the election? it showed that it was up 296 and 2.6 year over. was up 2% and 2.6 year over year which was exactly in line with consensus. as long as the shelter number, which represents close to 40% of cpi, is a 5% year over year, then i think it is totally unhinged from reality. nobody in their right mind believes that market rents on new leases are going up rents on new leases are going up 5%. it is the lag effect of the way they tracked it that is adding about 50 basis points. t

david david bahnsen with me this morning. you're an economics kind of guy.do you make of there trans-- this transformational administration? >> so far i've been very encouraged. i'm not going to like every single appointment, but for the most part it's not merely the loyalist factor. you need people that can get of stuff done. they have to be competent, and i think the guys like elon musk and so forth have experience getting things done, it's encouraging -- encourage couraging. government doesn't move efficiently, so we'll see if they can kind of keep that focus. so far with foreign policy i've been mostly very encouraged. and the economic stuff, there's still a lot to go. stuart: but if anybody can slash the bureaucracy and really cut into spending, it's vivek ramaswamy and, in particular, or elon musk. >> that's right. and deregulation which itself is a spending cut. stuart: yes. that the's the biggest deal of all, in my opinion. i think you agree with that. >> i agree completely. stuart: let's get to the cpi report. prices up 2. 6 over 12 months. inflatio

david bahnsen working with me this morning here in new york.pect that the market is down because putin's rattling his nukes. is there any other reason? >> no, that's really the only headline news. and i want to always remind people when valuations are really high and you get this kind of geopolitical scare, the volatility goes up because people are more jittery because you're coming from a place of high valuation already. you can't hedge against nuclear war. you don't go down 500 points on nuclear war -- stuart: what you can do is buy some gold and some treasury securities. >> treasuries usually -- stuart: that's what we've got. >> i think you're going to see some of this but, again, we've seen it before in north korea years ago, and it lasted a few days. i don't think this ends up being something sustainable, but trader get a little scared. stuart: of course they do. walmart reported before the bell this morning, maybe an hour ago. the earnings came in strong. the stock's up 2. what because that tell you about the economy? >> it was up 4% earl

david bahnsen, he said i called the analyst this morning to say, why, why did you do this?. stuart: arm holdings, this is british -- >> correct. they design their chips power, they went public year. shares have basically doubled since then, but now they're starting to see sluggish demand for those chips despite the surge in a.i. computing. the, stock was down, has turned higher. up 3.6%. stuart: clear secure. lauren: to do you use it at the airportsome. >> stuart: i don't. but aren't they the guys who charge you -- lauren: $2000 a year to get through security -- 2000 -- 2000. slowing member growth and disappointing profits. stuart: maybe i should join. >> that's the problem, too many people have joined, and that line is longer now -- the. lauren: it's kind of true. have you noticedsome. stuart: thanks, lauren. even msnbc is going after the harris campaign for completely failing to address the border. >> immigration has been a terrible discussion for democrats. i don't know who hay think they were playing to when they let millions of people come cruising through the border a

david ban son -- david bahnsen joining us on the phone. >> we like a lot of this action and financials does it have legs? >> this is the tug of war going on. thanksgiving the hard part is valuation of fundamentals and tug of war and i don't want to time this, stuart, but i think people need to realize at this point, it's not just big tech that's everything. vice chancellor at seattle colleges in charge of dei programs wrote an anti-trump e-mail to staff and students after the election. jason rantz joining me. what did the professor say about trump and how extreme was it? >> he didn't mention trump by name and sent this open letter to the community and started off saying today might not be your liberation and tomorrow it might be. essentially saying all of these different ideals are under attack and as a college, they want folks to know where they stood on political positions on immigration and illegal immigration and commitment to anticolonialism and sort for the antiracist gift and guy would not have a job if it didn't exist. if you don't support this, probably not all that welcome at