herm, thank you.of the weather. >> somara: hey, everyone, time for that nfl football forecast. rams taking on the eagles at 3:00 tomorrow. keep in mind that we do have a storm system moving through the northeast. that could bring snow to that game. not only there but washington, d.c. could be in on some of this. this is sunday afternoon into monday afternoon, and you're not being left out either. houston, new orleans, we have this wintry system potentially that could bring a mix of snow and ice. that's a look at the forecast across the country. let's see what's goi >> whit: coming up -- >> gio: read it. >> whit: glowing into the new year with incredible self-care products for yourself or someone you love. there it is. (mom) let me see my new grand-dog! (mia) say “hi grandma”! (mom) you're feeding him, blue buffalo, right? (jack) nah, we got purina one. it's all the same stuff. (mom) not really. blue life protection formula's got deboned chicken, chicken meal, brown rice, oatmeal, barley... (mia) well

the ultra luxury brand hermes today reportedly raising its prices, bumping up its best known bag. selling for thousands. but for aspiring fashionistas who want the birkin image without a hermes price tag, the nation's largest big box retailer has a bag they'd like to show you. here's abc's janai norman. >> the walmart birkin has arrived. okay, all of you talking about the walmart? 35 centimeter birkin with the strap. step aside. sit at the kids table. mommy's here to tell you what's really up. >> it's the bag. creating a fashion frenzy by looking suspiciously like an hermes birkin flying private. >> this is like flying spirit in the luggage compartment. >> the country's largest retailer began selling an hermes look alike. but one of the biggest differences the price tag, the real birkin. so desirable it's been coveted by fashionistas for decades. sex and the city's samantha clamoring for 124 years ago. >> it's 4000. >> i know. >> and there's a waiting list. i assumed five years, and since then, its appeal has only broadened from superstars like kim kardashian, singer cardi b and d

their hermes inspired birkin bag going viral.ain hunters, want an opportunity to own luxury inspired looks. here's nightline co-anchor juju chang. >> i have been waiting for the temperature to drop to wear this coat. >> some shoppers are loving luxury. for less. >> than 80 bucks. you can pretend you got a birkin. >> from clothing to accessories. for some, it's all about scoring the luxury dupe and having no shame in openly flaunting it. >> right now, where we are culturally, there is more of an acceptance to buy a dupe. >> dupes are on the rise and more accessible than ever. >> they're making things more affordable for us. >> if you are in love with that totem scarf coat but you don't have a totem budget, i have an option for you. >> the smoothing brush seven out of ten. >> we have a culture where very expensive handbags, makeup, clothing items are being marketed to people, and the aspirational shopper is getting fatigued and they want access and they want it now. >> i have the a-line. >> tank, and this is exactly the same. it fi

as espn's herm edwards says -- >> you play to win the game. hello!y to win the game. >> gio: herm's in the house all morning long. ♪ how you like me now ♪ >> whit: good morning, america. you play to win the game. >> gio: that's right. >> janai: hello. >> gio: herm edwards. coach herm right here. >> whit: one of the many hermisms we've come to know and love. so excited to have him here today. >>> we have a jam-packed morning and a lot to get to this morning, including breaking news. israel's cabinet approving the deal that will stop the fighting and set some hostages free starting early tomorrow morning. we're live in jerusalem with the details. >> janai: also back here at home we're following the latest on the inauguration, of course, moved indoors just days before the swearing in ceremony will take place. >>> plus, the fallout from the spacex rocket explosion. the faa now putting the program on hold and checking into reports of property damage from debris. >> gio: incredible pictures there. >>> but first millions are waiting and watching tiktok says

who's with herm?janai: pull up those numbers. >> gio: season coming to an end. whit has 1 janai's catching up with 12. herm, you've got 11. i've got that lucky seven right there. there is no monday night football game, but the vikings take on the lions tonight for the number one seed in the nfc tonight. why is this such a big game, and who do you like? >> well, think about this. the loser of this game will win 14 games and have to go on the road in the playoffs. you win 14 games, and have to go on the road and play in the playoffs in a game. i think this. i like the vikings right now. they're a hot football team. sam darnold and this viking team won nine in a row. it was a close game earlier in the season when the detroit lions beat them. this is something that the vikings are looking forward to, going on the road and being an outstanding football team. the detroit lions. i like the way the vikings are playing. i think it will boil down to this. what defense can -- what defense can take the ball away

janai said, whoever herm is picking. >> gio: rams.his lead. you were wrong last time on the vikings. i'm going with the vikings over the rams. >> oh. oh, okay. >> whit: that's right. you see me going. i'm extending this lead. >> give him a win because his 49ers aren't in it. >> whit: there we go. >> that's a different story. we will talk about that later. >> whit: coach is my therapist on that. thank you. >> thank you. >> catch the vikings versus the rams, that's monday night at 8:00 right here on abc. >> whit: coach edwards is coming in studio next week on saturday. that's a lot of fun. he just found out just now. we will be right back with our play of the day. we will be right back with our play of the day. “the darkness of bipolar depression made me feel like i was losing interest in the things i love. then i found a chance to let in the lyte.” discover caplyta. unlike some medicines that only treat bipolar i, caplyta is proven to deliver significant symptom relief from both bipolar i & ii depression. and in clinical trials, moveme

coach herm edwards, we love you, my man.iehard senior superfans cheering on their nfl teams for decades keeping their super bowl dreams alive. stick around. alive. stick around. (mom) let me see my new grand-dog! (mia) say “hi grandma”! (mom) you're feeding him, blue buffalo, right? (jack) nah, we got purina one. it's all the same stuff. (mom) not really. blue life protection formula's got deboned chicken, chicken meal, brown rice, oatmeal, barley... (mia) well purina one has chicken, rice flour, corn gluten meal, whole grain corn, chicken by-product meal... (jack) [laughing] looks like we're switching to blue! (vo) switch to blue. and feed your dog like family. are you 50 or older? well, this news is for you. the cdc now recommends you get vaccinated against pneumococcal pneumonia. why? if you're 50 or older even if you're healthy... you're 6 times more likely to be hospitalized. so, schedule at vaxassist.com. we're in a limestone cave, letting extreme residue build up to put finish jet dry to the test. dishwashers are desi

herm, we already miss you. you got sick of us. that's all right. yesterday, you called it. you said jayden daniels was going to show up and show out. he did. you said travis kelce was going to show up and show out. he did. give us your take. >> well, for some reason i know a little bit about football, but you can't say enough about the washington commanders. think about their season last year before they acquired jayden daniels. they won four games. and now they see themselves going on the road twice in playoff competition and winning against two good quarterbacks. and it was not only jayden daniels but their defense. they took the ball away five times. and when you do that, you generally can't win a game. and that showed up yesterday with the washington commanders and the fact that they ran the ball. they threw the ball. and the moment is not too big for jayden daniels. i mean, he really -- he loves these situations. and when you look at him, he's chasing history in the national football league. no rookie quarterback has ever started in the super

and my h is hermes, in tandem with this. hermes is a representation of value.e in my office. and they kept using this word "value." and think about it. where other luxury have brought up their prices. 70%. this has only brought it up 10%. i think they're actually one of the few places that delivers luxury value. and a is a aon. this is a cooling company. they have something like $200 million in orders for data centers. and i think they're also really well positioned this year. >> all right. so the next two in the books now. julie's m.o.c.h.a., and carter's p.l.o.p. >>> up next, final trades. that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com it all started with a small business idea. it's a pillow with a speaker in it! that's right craig. pulling in the perfect te

. >> what an emotional ride for our friend, herm edwards, posting on instagram. >> janai: we love herm. thank you so much, ike, and stick around. we'll be right back here on "gma." because most things in le are not guaranteed. like common courtesy. really, brenda? [elevator door ding] i know you can see me. when they say... i'm on my way. no way. pretty blue, though. or a fun night at the movies. yeah... that's not guaranteed. yup, hold on. let me put you on speaker phone. you know what at&t guarantees? connectivity you depend on, the deals you want and the service you deserve. or we'll make it right. that's the at&t guarantee. woman: we've waited so long for this spa day. oh yeah? shingles doesn't care. shingles is a painful, blistering rash that can last for weeks. grandmother: we got the best seats in the house! ha! shingles doesn't care. 99% of adults 50 years or older already have the virus that causes shingles inside them, and it can reactivate any time. guest of honor: everyone's here for my birthday! cute. shingles doesn't care. but shingrix protects! only shingrix is proven ov

deborah cunningham, the cio of global liquidity markets at federated hermes.final check on how we're moving across european markets. we were green earlier today and that continues to be the case. i just want to tell you that for a context perspective here we are on track to see positive gains for european equities this week, but also this month. look at the performance for european equities in january. we're up about 7%. that is it for today's show i'm silvia amaro. stay with cnbc. worldwide exchange is coming up next. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable

the company going viral for offering a replica of the hermes birkin, dubbed the birkin. no longer available on their site, but when it was, the bag was all over social media. >> yes, this is the walmart birkin bag. i think it's a great looking bag. you know, i mean, take a look at it. the material is very soft. >> people are opting for dupes, quite frankly, because they are less money and they want access and they want it now. >> and coming up at 8 a.m, we'll tell you what luxury designers have to say about this new low cost trend. with your gma first look i'm janai norman, abc news, new york. >> brazen burglaries and robberies across the east bay. coming up at 530. we're hearing from frustrated business owners who (banker 1) let's hear it! (vo) with wells fargo premier a team can help you plan for your dream. (woman) i have this vacation home... (banker 2) so, like a getaway? (woman) yeah, but... it's also an eco-friendly artist retreat. (banker 3) so, you're expanding your business... (woman) ...and our family! can you help me plan for that? (banker 1) yeah! let's get

talking about it now with federated hermes chief investment officer of equities thank you for being hereore bullish raising outlook for 2025 and 2026 do the spike in interest rates concern you? that you are going to have to look at this again, as -- as you are talking about, 4. % on 10-year right now. >> have you know we're expected -- forecast -- 500 two years down we think fundamentals pretty good between trump agenda very pro-growth supply-side business et cetera, also, probably longer term disinflationary, near-term i think arriving could add apiece every year talking about, with for being aed riefksz downside sometimes skewed to downside, we are headed for much more volatile year what is interesting probably most upside risks are more back half intermediate terms i.e., quicker implementation trump agenda growth, et cetera. even the disinflationary elements of deregulation policies, on the other hand the near-term risks i think are more to the downside particularly if this the ones we saw possibility of a mistrust moment but idea that the 10-year breaks above 5 that can happen bond v

maria: federated hermes senior portfolio manager equity strategist ahead of multi-group steve chaperonewhat did you make of scott bessent hearing yesterday. >> honestly i thought it was terrific. obviously calm and articulate but he was the adult in the room understanding we have a spending problem with the federal budget is not a revenue problem. you get a sense of all he's committed to the presidency on tariffs he committed to doing responsibly and thoughtfully as possible. i think one of the reasons futures are up, we had better data in china yields are little bit lower. but i think the market is comfortable in the treasury pick and i think they are right to be. >> it is amazing to me that there is no acknowledgment on the left of the $7 trillion in spending under the biden administration. hhe talked about government spending out of control. watch this. >> the federal government has a significant spending problem driving deficit that have averaged historically high 7% of gdp during the past four years, we must work to get our fiscal house in order and adjust federal domestic discreti

a bit like hermes. they cater to the high-end consumer and it is working for them.they are growing slowly. they are still looking in the chinese market, but opening three stores per year globally. one of them in china. they are entering the market slowly. once again, when you cater to the richest consumers, you are not impacted as much as other brands. >> you are a little bit protected. i was reading the chart wrong. it was 29% over the past year as charlotte highlighted. >>> i want o take you to other developments in the uk. uk several market players are keeping a close eye on what's happening here as investors get the look under the hood of the uk economy. we get november inflation figures tomorrow with cpi growth expected to increase to 0.5% on the month. the treasury could receive some good news on thursday with gdp growth forecast to return up 20 basis points, but retail sales are actually expected to come in flat for the month when december's data is released on friday. this after november's uptick. >>> and british stocks we are keeping an eye on. ocado report

espn's herm edwards joins us with what you can expect from today's major matchups.re on gma. >> well happening tomorrow. one of the city's biggest conventions returns. we're talking about the j.p. morgan healthcare conference. and city leaders and business owners hope this will bring a boom to downtown. just like at dreamforce. city leaders say convention goers will wine and dine and visit local businesses. and we all know we need that. and there will be plenty of security, including sfpd ambassadors. the westin saint francis hotel in union square will once again be the host for this convention, hosting a number of global industry leaders, investors and tech creators. >> the j.p. morgan conference is one of the most significant conferences that we've had. it's one of our longest lasting partnerships. >> the j.p. morgan healthcare conference generates more than $90 million for san francisco's economy, including small businesses, restaurants and hotels. all right. a heads up. if you take bart, there are some minor schedule changes coming due to construction. starting

hermes restaurant has been destroyed, but she's been helping feed others affected by the fires.nd she tells us what she saw and felt as she realized just how much was destroyed i'm on a neighborhood chat, and they needed food. >> some of my neighbors have stayed to put out the fires. i live on the fire line. my house is still standing, but the other side of the road is not, and the fire trucks have been moved to mandeville. so our neighbors are putting out fires and hot spots and they were hungry. so i came up to bring them food while i was able to get to my house. today, i had a police escort take me there. i stood in the queue and was able to get in, and then my car actually had to leave on the side of the mountain and and run down. was it tuesday? and the officer kindly drove me to my car to get there. i had to go through the palisades. >> it's not good. it's really bad. it's really bad. it's hard to grasp the reality of it. it's, um. it's out of a horror movie, but i just saw. i mean, i don't know how to move forward. you know? we have to. we have to dig deeper than this. >>

it's down about 6% at the moment, dragging down the broader luxury space carrying hermes, burberry allower this morning. charlotte looking through the analyst commentary this morning, one analyst really summarized it well, luca solca from bernstein coming out saying that lvmh beat and disappointed at the same time. it feels as though this is the story of the numbers not being so bad in absolute, but consensus being the whisper consensus anyway, being higher than what they actually delivered. >> and that's exactly that. there are two sides of that story. one, there is a recovery luxury demand. these numbers from lvmh seems to indicate that there were a little bit better than expected. things are looking better in q4 compared to previous quarters, even in china. in asia, excluding japan, the sales were down 10%. in q4, it was down 16% in q3. so there is a recovery across the board. but given the strength of some of the numbers, some of the results that we've seen from other luxury players recently, including richemont, cucinelli and also even burberry, last week, some people had hiked a

think about these luxury stocks lvmh, hermes, richemont.d terrible, terrible numbers and they didn't make new lows on it. they've all bottomed over the last 3 or 4 months. and i think the reality of this business is things don't bottom on good news. if things bottomed on good news, it'd be easy things bottom on bad news. you have to recognize when stocks become resilient to it. and you're seeing that all throughout europe here. >> i would only say like what role though does china play in in a turnaround in those stocks. i think there's still a lot of pessimism about what's happening in china. >> yeah. and i mean, it's another place where the outflows are pretty pronounced. so the sentiment or the cushion is probably much larger in those places than it is here, where i think the margin for error in the us, well, while everything still looks okay, the margin for error is probably smaller because sentiment is certainly more robust than we're seeing in other parts of the world. but this turn in europe, we're having a hard time convincing people

i still think that they're the category killer outside of hermes, period. >> well, they we've certainly and spirits stocks down, but they've been managing, you know, diversified enough to buck that. but it's a good point. moving on to rtx then the shares are up 8% this month. citi upgraded them last week. they think positive results, strong european demand, normalization of equipment backlogs, but are waiting to see how the transition of power in washington plays out. what do you do with this one? >> i don't think. that's what it's about. i think it's all about spare parts for these airline engines. it's been doing great because we're in a huge cycle. >> that's going. >> to peak this year for selling parts to existing airplane engines as we go out to 2025, boeing and airbus are producing a bunch of new engines. here's what people don't understand. when boeing and airbus sell a new engine, they sell it at a loss. they're selling them new because the money is in the parts that also squeezes rtx their margins for those new plane parts. if you're a contrarian, you want an edge. you got to b

the company going viral for offering a replica of the hermes birkin dubbed the wirkin.a. >> the wirkin. the wal-mart birkin for the working class. >> i think it's a great looking bag. take a look at it. the material is very soft. >> janai: bethenny frankel snagged one of her own and showcased the subtle differences that cost tens of thousands less. >> handles are much taller. that's a tell tale sign. >> you were gonna return it but you're keeping it. >> i'm keeping it but a it's gonna be a statement. >> janai: we have seen more affordable items become as popular as the luxury brand like the revlon one step styler for 39 bucks compared to the $600 dyson air wrap. or the scarf coat that went viral for $1,130 sold on amazon for $59. it was the wrap jacket last year. >> lara: i loved that. >> janai: we were saying we love the revlon thing. i love it. i used it last night. >> lara: easy breezy. >> janai: sorry knockoffs aren't new. sorry, guys. they have gotten better. we're on social media so we see them more. lot of talking to do. >> lara: we have so much to delve into. >>

. >> hermes broke out this year. this may be responding to weaker currency. nevertheless, there are some modest improvements. where we are getting more bearish -- this is interesting with respect there is a very consensus view that if trump were to when or if trump won, extremely bullish for india. the indian markets are rolling over meaningfully. they deteriorated in are trying to work. the consensus is still very comfortable being long there. we are not. jonathan: let's move over to china. it is a complete opposite story in china compared to the united states were yields have been lower. a question about what the government is spending enough. any signs of stabilization? >> i think you need a clearing moment in currency. that is one of the big lessons. we talked about 1992 earlier off air, central bank or country being pushed to the brink where there is only one option left. i think the only option here is devaluing the currency. i suspect we will lose that here. 7.80 would be the level i would focus on. we have seen the move in the rates. it has been extra