Kaku about that coming up on making money Charles Major shake cup could be happening in the democratic primary R Michael Bloomberg talking about a possible run for the presidency. Mike is increasingly concern that the current field of candidates is not wellpositioned to do that but he would have to move quickly of course to get on the ballot on many primary states. Deadline is alabama is today. New hampshire next friday. Hillary vaughn with more on that. Reporter bloomberg has not made a final decision on a run but he is running to get his name on ballots in early filing states like alabama and New Hampshire we find former Vice President joe biden who is filing to get his name on the New Hampshire ballot. While he doing so he reacted to a potential bloomberg run, calling him a solid guy. Says he does not have a problem with bloomberg potentially getting into the race. He did say if bloomberg is running because he thinks that biden is not doing a good enough job, he said the last polls he looked at, he seems ahead doing well in those. He is questioning bloombergs reason for possibly getting into the 2020 race. Bloomberg though is already getting some support from other billionaires, even though he hasnt officially announced a formal run. Billionaire leon cooperman said he would black boom berg if he keeps his moderate policies. Warren responding to cooperman throwing his support behind bloomberg on twitter saying this, the wealthy and wellconnected will always have each others backs. Were building a movement to change that were building a movement for big structural change. Another billionaire on the ticket, bloomberg entering the race would not hurt him. He thinks it hurts joe biden. I think he is going to hurt biden actually but he doesnt have the magic to do well. Little michael will fail. He will spend a lot of money. He has got some really big issues. He has some personal problems. He has got a lot of other problems but i know Michael Bloomberg fairly well. There is nobody i would rather run finance than little michael. That i can tell you. Reporter progressives Elizabeth Warren and Bernie Sanders are worried about bloombergs 50 billion in net worth, accusing him trying to make up for late entry into the field and lost time on the campaign trail with money. Warren warning voters that bloomberg plans to quote, buy the election while sanders is cashing in on bloombergs billionaire status. In fundraising off the deal, saying this in an email to supporters, just what America Needs another billionaire using his wealth to try to buy an election. Why is this happening . The truth is it is because Mike Bloomberg and his friends in the financial elite are scared and they should be. Charles. Charles joining former Deputy Assistant to president george w. Bush, Brad Blakeman and rick unger. Are you excited about this potential shake up. Im neither excited or unexcited. I will tell you what though. I think i know what bloomberg is up to. Nobody is talking about this. Bloomberg will not win many if any primary races. You know what he is going to do . When we get to the convention, his entry into the race almost guaranties this is going to be a brokered Democratic Convention. Charles you would think he would say the election that much. It is another person. That is the problem. Look what is happening in the Democratic Party right now. You have three people way up there tied with each other. Already you have a brokered convention. Look who is on their heels. Add one more person it will happen. Remember the rules in the Democratic Party. The superdelegate dont get to vote on the first ballot. They do after that. Mike bloomberg could be a Perfect Choice with a brokered convention where the superdelegates take over and he knows it. Charles that must be news to ears. The Democratic Convention is brokered and billionaire usurps all the votes for him . That would be a dream for President Trump a year you have to be selected by the party before selected by the people. The party is dominated by leftist democratic socialist. Mike bloomberg who presends to be a little better than they are, especially Climate Change and other things which are just as radical and we have a brokered convention, 90 days before a general election . Total chaos and disarray . That is a gift to republicans. I happen to believe Mike Bloomberg will shake this thing up. I believe President Trump is correct. He is most dangerous of course to joe biden but he is dangerous to everybody else. Money doesnt buy an election in america. That is the good news. The bad news, it can cause an awful lot of trouble. Charles rick i think this news comes to Elizabeth Warren. She was in a lot of trouble this past week paying for medicare for all. This gives her a shot in the arm. The look the billionaires again are trying to steal this thing. Youre right, she had a bad week. I think this helps her. I will disagree a little bit what i just heard because dont think for a record that socialists are dominating the race for the democratic nomination. Charles would you say they have the plurality i dont think warren is socialist. I dont agree with her on everything but bernie i understand that. Charles much bigger government, much higher taxes, many more regulation, essentially telling us what we will do with our lives. I get troubled hearing socialist thrown around incorrectly. Charles Michael Bloomberg would not be spying this race if there is major distinction of his brand of democrat and others. No question. Theyre not necessarily dominating. Joe biden is slipping to be sure but he is still the leader. I dont think you can turn to two more liberal candidates. One of those drops out, then we get to find out if youre right, if theyre dominating. I dont know the answer to that is yet. Charles brad, go ahead. When everybody on stage raises their hand for medicare for all, when all of them raised their hand about the trillions they want to spend on Climate Change. Except they didnt all raise their hands for medicare for all . Watch the tape. They all raised their hands. I dont need to watch it really. Joe biden raised his hands . Biden raised his hands for medicare for all program. You bet he did. He opposed it. Charles President Trump, we saw the sound bite there. He called him little michael. Ten minutes later it was number one trending thing on twitter. That is all he got. He has to come up with a nickname. Michael has him beat on money, all the things that donald trump seems to think are important. Charles except incumbency. He has the white house. Except the white house. Charles white house. His height. That is the only thing he picks on. Trump is very good at nicknaming people. The nickname sticks, they disappear. Charles brad, i looked up number one on twitter. Golly, he did it again. If it only made him a better president. Charles thank you both very much. Well obviously have many more of these conversations. Disney putting on a clinic after have a strong earnings report. What happens if the Business Model has different inputs going back to the consumer . It helps theyre getting into the streaming industry next week. Joining me why this is the stock of the day, vision four Vice President heather zumarriaga. Heather, ive been talking this whole earnings season about the consumer, just absolutely amazing. They drove up disney earnings. It is about the studio. People like, lion king and toy story instead of the antman the wasp. I havent seen antman the wasp. I saw lion king and toy story. They had 52 increase in studio revenue. He made a billion dollars investment in the Disney Streaming plus available november 12th in your home. Maybe americans are getting lazy. They want them to come to us, like bricks and mortars a closing we are still shopping on line. Maybe you dont want to go to the Movie Theater but want the Movie Theater coming to you. Charles we had four different business divisions on screen they can afford a loss leader with the new streaming service. I find the pricing amazing. Right now netflix is 15. 99. New hbo 14. 9 the priced way too high in my mind. Apple tv 4. 99, disney only 6. 99. Who do you think, is it too early there could be singular winner here and is there room for more than one winner . It is very competitive space. It is important to note disney has espn and control over hulu as well which has more adult content. Industry experts pricing it around 6. 99. So 7 a month. That is about the cost of a couple of coffee at starbucks i think last time i checked. That is with it especially if you have kids, bringing mick my mouse into your home, not a bad bet. Charles american consumer, go back two weeks. We saw motorcycle stocks. Harley went through the roof. Rv stocks, winnebago through the roof. Snowmobiles and atvs. Polaris the stock went through the roof. This is the ultimate discretionary spending. The question, can the consumer keep it going . I heard you mentioning snowmobiles the other week. I read it on your wall street commentary in the morning. Look, that is the difference between Consumer Staples and consumer discretionary. If you think were going into recession you still buy food, diapers, maybe beer but youre not going to buy snowmobiles. Those are things that you dont need at the end of the day. So Consumer Spending is very strong. That is why the economy indicated by data this morning on Consumer Sentiment data. It looks pretty good. Charles quick, heather, another stock doing well today is zillow. Theyre flipping houses not necessarily traditionally but reaping big benefits. Get this, folks, House Flipping revenue was up 3391 yearoveryear. They will keep making money with it. Wow. A lot of millenials watching the show in general love this field. What do you think of the House Flipping thing, not just for zillow but for everybody else . Should we try it . I never done it. Theyre saying the market is strong for it. The executives, one of the executives in zillow saying there is a big demand for this with the consumer. Just a matter of being able to service it quick enough. That means the Housing Market is strong if you will buy homes, repair them, sell them off to consumers in the marketplace. If you remember what led us into 2018. The depression, recession, i should say was the Housing Market. Charles right. This is a positive that willing both zillow and disney are making these big bets and invests in things that havent yet paid off but they will. Charles dont ever buy a flipped house from me. I cant nail a picture to a wall. If im selling you a flipped house, it is badly damaged, but may look good to the outside but day later it will fall to the ground. Fair warning, buyer beware. Heather, thank you very much. You got it. Charles get ready to hear a very woke version of baby, it is cold outside this christmas season. Is this liberalism gone amok or will . How long it will get to get a selfsustaining city off the ground and on mars . Theoretical physicist michio kaku is with us. Walking in the stupid right now. Elon musk, get your pen and pad. Take some notes. And choose any car in the aisle. And i dont wait when i return, thanks to drop go. At national, i can lose the wait. And keep it off. Looking good, patrick. I know. vo go national. Go like a pro. Charles Elon Musk Mission to colonize mars. Ceo is laying out specifics, how dangerous, timeconsuming, how expensive it will be to set up a base on the red planet t will cost 2 million to launch one one hundred passenger reusable rockets t wail take 1000 rockets to transport the cargo to create a sustainable mars city and 20 years to bring up a Million Dollars worth of cargo. The overall price tag would be 2 billion. I want to bring in theoretical physicist, micioa , kaku. Can this be done . The dine sauce didnt have a space program. That is why theyre not here today. If there was elon musk among the dinosaurs perhaps they would be here. Why not become a two planet species even if it costs a lot of money. As general Dwight Eisenhower said, optimists win wars, not pessimists. Were talking about a visionary whose timetable is accelerated too much. It is doable. There is no law of physics preventing the mission laid out. Charles right. Some say general custer was too optimist i can, right . If that is the case, should we put more resources into it . Should it be elon musk the visionary if it is so doable and so perhaps appealing to mankind, should this be a freighter mission for everyone . It should be. Who is setting the agenda . Nasa is no longer setting the agenda. Private enterprise is coming in. We have two visions of our role in outer space. Elon musk wants to go to mars. Jeff bezos wants to make the earth, into a garden, celestial guarden of eden with heavy industry in outer space. We have visionaries. As long as they pay the bills im all for it. Charles our viewers of the show are also. It is so remarkable because all the things feels like mankind ever come up with, no matter what, Science Fiction writing, whatsoever, weve been at some point able to obtain . Thats right. We scientists gone through step by step procedure how to make a selfsustaining colony. You need shelter, water and food. Shelter from tubes that exist on mars. Caves on mars can shelter astronauts. Water for melting into water. Plenty of ice on mars. Dissolve it for hydrogone into breathing and oxygen for rocket fuel. Food. We can grow genetically modified plants on mars. It can become selfsufficient and not a drain on tax iers on planet earth. Charles i have another one. There is more on space travel. Private Company Called gateway foundation. They are building a hotel for space tourists. It will feature everything. Not genetically modified foods, concerts, bars, perhaps for passengers. They will orbit the earth in interstellar space program. They think it is up by 2025. A lot of people are talk about Space Tourism these days. There is one potential problem. You have to spin the space station to get artificial gravity or else the tourists will throw up and vomit all over the bar. We dont have not done that. We dont spin space stations in outer space. Quite difficult to do that, circular in shape. We have never done that tourists have to realize there is reason why we call training vehicles on earth the vomit comet. There is reason for that. Charles im thinking space odyssey 2001. That was revolving, revolve like that or faster like the earth . You have to have centrifugal force. Like a ball on a string, generate enough centrifugal force so of artificial gravity inside the ring. Charles one step at a time. Mitch a fan of yours. I have most of your books. Thanks a lot. Charles there is war, at least on christmas music. John hedge end, Kelly Clarkson released a pc version of baby it is cold outside. The social media going nuts. Well play the song side by side, cv payne, whichers with do you like best . At fidelity youll pay no commission for online u. S. Equity trades. Shes the one the one for you you just know she isnt perfect but shes perfect for you love is rare loves unique love is her love is him love is us the vera wang love collection designed for zales, the diamond store. Most people think of verizon as a reliable phone company. woman but to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. Virtualize their operations. woman and build ai customer experiences. We also keep them ready for the next big opportunity. Like 5g. Almost all the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. No cabs to be had out there, your eyes are like starlight right now. Ill take your hat, your hair looks swell. Mind if i move in what is the sense of hurting my pride, baby it is cold out, baby its cold outside charles that was the legendary dean martin singing christmas classic, baby, its cold outside from 1959. Like Everything Else nowadays, it is not political correct. Some equate it with date rape. John legend, Kelly Clarkson are out today with the new woke version. [what will my friends say . I think they should rejoice. Your body, your choice they know, no, no. You are really ought to go, go. Said that i tried [baby crying] bit is cold outside. I really cant stay. I understand. Baby its cold outside charles joining me anna polina luna. Youre a millenial generation, you like the new version . Absolutely not. It is absolutely ridiculous. To be honest with you, if you had anyone to include, the virgin mary which is what christmas is about, lessening to the rendition, plugging my body, my choice thing. Absolutely ridiculous. Why are we making political thing . Not worry at this rate well worry about santa baby, santa claus, coming down the chimney without permission from the me too movement. Charles no doubt about it. In fact when i tweeted out you would be on the show, you and i together got some interesting replies. Including what song is next . I have feeling john legends own playlists would not meet the new criteria, meet the new woke criteria. Rap songs have worst lyrics. Katy perry with the peacock song has worst lyrics. It is attack on our customs, our heritage, our culture. What is scarier, moving forward, what is cancel culture going after next . No one is perfect, the song even in that time of era, it wasnt meant to be a rape song. It wasnt meant to hurt woman. That is not what it was b it was about a sweet relationship of a man saying hey, i dont want go somewhere. Charles woo her to stay. It is sweet. It is not to what their standards are doesnt mean that it is wrong. If we dont speak out against these things, were simply part of the problem. Charles what about the overall kind of hypocrisy i of this . Almost from the very beginning the me too movement went off the rails, certain people were excluded, certain people were protected. Big news this week a piece at abc that didnt run. Then the person who leaked that piece was fired from another network. So you know, you have the elites out there who keep preaching and talking about this but always feels like push come to shove, when time for them to show us what they mean, often theyre very own, protected or some are looking it the other way. Looking for control. Abc segment, bill clinton they said they had evidence against him, people chose not to run something because it was a president ial Campaign Cycle because that is not right. Moving forward it is all our responsibility heying, look, you have the cancel culture that exists. Do you want to be part of it or not . Agree with people igniting the mob when they dont agree with something adds up to almost cultlike behavior or people make mistakes. For example, like the song. Its a christmass classic, we love it. Charles as long as they dont mess with Bootsy Collins songs im okay. Anna, appreciate it. Thank you. Charles breaking news now. Southwest airlines is protect tiffly removing boeing 737 max jets through march of 2020. According to sec filing. Adding more doubt to boeings ability to get planes in the air next year. The plane has been grounded since march of 2019. Market is sideways. This news didnt help the dow which moved down a little more. As we head into the final hour of trading. Some big names have been hit this earnings season. Is it time to look at them to buy. Record stock market. Wages soaring, rebounding homeownership. Were at the height of american prosperity. Why are americans feeling so hopeless . Well break down the disconnect later in the show. My body is truly powerful. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. And trulicity activates my body to release it like its supposed to. Trulicity is for people with type 2 diabetes. Its not insulin. I take it once a week. It starts acting in my body from the first dose. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. 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Could be time to buy these dips. I want to bring in to discuss, Kingsview Wealth Management cio, scott martin, sure vest chief investment strategist rob luna. When you see names like mcdonalds, roku, which climbed off the canvas couple times this year, twitter, they have to look enticing particularly with the market at alltime highs. Yeah. I agree. That is where you have to play going into yearend, charles. Dont chase stocks up double digits or coming off a big up off earnings. Weve been bottomfishing. Another one i throw in there, expedia. We picked up south of 100. Looks like it will cover some today. Looks like it will recover in the future. Twitter we own too down here. To me, if youre looking getting aggressive going forward. Pick ones down not up. Charles rob . Scott makes a great point, charles. The market is bummingping up against the 31 level. I will add starbucks to the list. This is Blue Chip Company a lot of people visit on daytoday basis. The stock is down 15 . They actually reported good earnings. Theyre not beaten off the earnings, opening 2,000 new stores next year, 1400 of which are in china. I think that stock has legs going into year end. Charles what about a name like mcdonalds . They had some issues. Explosive growth. Comp stores came on. They are growing in america but not as fast as they were, the story about the ceo . Historically i see those amazing opportunities to buy feels like the negative sentiment is, you know, scott, just sort of amplified and created an opportunity . Yeah. Sadly on mcdonalds, the noise was amplified overnight. By the time the stock opened, traded throughout the day, you didnt get a great opportunity charles, that i would see typically from a ceo departure ignominiously like mr. Easterbrook was. I agree. One thing bothering me a little bit if i may say, is Interest Rates. The fact that were seeing a very big steepening, very quickly of the curve. If we see rates rise markedly next couple months that could be the worst thing happened to the consumer since paris hilton came out with her debut music album. Charles baby, its cold outside the first single off of that . That song. Charles the commercials with the hamburgers did pretty well at the time. What are you concerned about here, rob . To me, think about this. President trump says, no, im not going to go with this whole china thing. Im not pulling back tariffs. Were going to sign a deal. Feels like the market is so accustomed to the rhetoric and or beliefs that a deal will happen this, phase one deal is done. Maybe, that is why were not down so much. In fact the nasdaq has been up all day . Im shocked, charles. When i saw that coming out from the president today, i thought we would be down 1 1 2 . So the fact were seeing this resiliency is really a testament though to where there is nowhere else to go. I think one of the issues scott brings up Interest Rates are an issue. When you look at a stock like mcdonalds. Its a stock we own, charles. The Company Raised the dividend for 42 consecutive years, 2. 6 . But if Interest Rates start to rise, the stock is trading, you know towards highend of the fiveyear average. It is not that cheap with the ceo departure. We want to see 10 to 15 further pullback. China remains a main issue. We need a trade deal done if we want the market going higher. Charles folks watching the show who missed this whole thing. Talking about buying beaten down household names. Any other approach you would take . Is the notion that it is already up, good enough excuse not to try to participate . Well, i would still like stocks here. You know, charles, we talked about it all year, i like it even more now is gold. I think gold is a decent piece to add to the portfolio on days like rob said. We have uncertainty over china, there will be more of it, based on past history. So i still like adding gold here, charles. If youre buying growth stocks. Chasing value stocks here. Mix a little gold in there, keep the volatility down. Charles two of the best. I appreciate it. Scott, rob, thank you very much. Have a great weekend. Good to see you, charles. Charles maybe the social media or political variety but our economy is on fire. So why is there so much hopelessness throughout this country . Were going to examine that next. Because your investments deserve the full story. T. Rowe price invest with confidence. Its been reported that theres a cyberattack on business every 39 seconds. Ouch. I dont even want to think about it. Comcast business has a solution. We go beyond fast with a cloudbased Security System that automatically updates, so you always have the latest protection. Phishing. Malware. Risky sites. It can help block all of that. Its one less thing for us to worry about. Comcast business securityedge automatically protects all the devices on your network. Call 18005016000 today. About being a scientist at 3m. I wanted them to know that innovation is not just about that one aha moment. Science is a process. It takes time, dedication. Its a journey. Were constantly asking ourselves, how can we do things better and better . what we make has to work. We strive to protect you. At 3m, were in pursuit of solutions that make peoples lives better. Charles President Trump is speaking to the black voices for Trump Coalition in just a few minutes. Earlier at the white house the president touting the booming economy as the market is near alltime highs and unemployment at near alltime lows. Were at the height of prosperity, economic benefits are spreading to all americans. There seems to be a really dark cloud, lack of hope, confidence in this country. Here to talk about why we may be feeling this way, Fox News Contributor liz peek. When you look at the numbers, this week the gap between black unemployment, white unemployment narrowest it ever has been. Wages for bluecollar workers are soaring. Homeownership highest level since First Quarter of 2014. I could go on and on. These are economic metrics that should point to a society that is joyful and optimistic but, i dont know if we are . It is politically inconvenient to be joyful and optimistic, charles. How can democrats run on against the trump economy if theyre cheering on the trump economy . I have talked about this a lot. I dont think its a conspiracy. I think it is politically convenient for everybody to badmouth our economy. You cannot go out to talk about income inequality when in fact it is shrinking because of a great jobs market. The most amazing thing to me, serious economist, including people at the fed shaking their head in puzzlement about the benefit of a tight job market. Do they not get it, that is common sense . Everybody gets a job, everybody is better off because everybody moves up the food chain and get better opportunities and all the people at the bottom of the income spectrum, education spectrum, Everything Else get pulled along with them. You didnt mention, no inflation. How often has that happened in our lifetime, right . Charles right. People have forgotten often times the economy is charging ahead, prices are also soaring. Charles right. That is horrible. Charles one of the things i think helped the market, january third or fourth, jay powell said, Wage Inflation will not be price inflation. Now the higher wages really go a lot further. Theyre beating inflation for the first time in a long time. Yes. Charles but you do have, it is not just, political season, youre right. We see it every time. Opposite party will run on something. We see it every day from the media, from the media. Wealthy people. When you get to the top, are they pulling the ladder up so no one can get up there . There is recurring conversation about income inequality. You know, recently, phil gramm or someone wrote a very good piece how the numbers are totally distorted. In the sort of central issue of income inequality, the work that reveals this, or purports to reveal this. They dont include welfare payments at the low end and they dont take away from the highend, the taxes people pay. So naturally its a much bigger schism than is advisable more than actually real. Charles let me ask you, the day we had Consumer Sentiment number came in better than expected. Were near alltime highs. But were still, look at this, this is january 2000. Consumer confidence peaked. It is down 15 . Dow is up 150 . Home values up 84 . Wages up 110 . How can the economic well being be up so much were still plodding along with Consumer Sentiment . We lost our swagger. How do we ever get it back . People have to start telling good news. That is really what the media doesnt do. If you look at headlines day after day. Were worried about this. This is looming recession. Remember the looming recession . Everyone looking for looming recession. I dont put it all on media, a lot is on the media. Theyre reluctant to cheer on President Trump for sure. He is associated in voters minds with the progress that were seeing. Charles sure. I think that if we ever break out, Consumer Confidence goes up, the way all these other things have gone up, the sky is the limit. I dont think we know how great we can be. We can go a lot further than where we are right now. Maybe that is up shot of trade agreement with china. Take that uncertainty off the table. Charles it will have to be something more than that. Well see. Charles i dont know what it is, somewhere along the line, when we feel as a country more optimistic, watch what we can do. Maybe getting to mars . Charles stuff were doing right now will look small compared to what we can do . That is wellsaid, charles. Thank you very much. I agree. Charles most americans are afraid of Artificial Intelligence taking their job, how much disruption will a. I. Be and when could be sooner than you think, next. Diamonds shine like me. Theyre strong. Theyre brilliant. I am a diamond. Find beautiful diamond styles for all the diamonds in your life, including you. Get 25 off everything. Including these one of a kind deals at the early black friday vip event. Exclusively at zales. The diamond store. Charles today marks one year since californias most devastating wildfire. The campfire left 85 people dead and 57 of town ever pair case destroyed. There is material that could be used to build. Liz claman is here with a preview. Liz . What weve done outside on our plaza, outside of the fox business studios, charles, were going to take fire to this material that is made by rsg 3d. Its a fascinating material, when fire goes to it, it cannot burn. So why wouldnt every single house be built with this material and not just in california . Wait until you hear what the other applications are for it. It is a classic case of entrepreneurial thought coming in and meeting a real need. 14,000 resident in that one socalled campfire in california by paradise alone were destroyed. Sign me, up, right . If you have the chance, wouldnt you . We will demo this. We will show you how it works. And what else it can prevent from your entire house going down. Hope you stay tuned. It will be fascinating on a very newsworthy story. Charles you always have fascinating things but this is special. Liz, thank you very much. Tune in the claman countdown at top of the hour here on fox business. Big news this week, folks, got overlooked with the impeachment frenzy. 2020, all the other stuff t shouldnt. There are key indicators where you should be invested for the next year. New report says 30 million u. S. Jobs are at risk because of Artificial Intelligence. How big is the risk . Well have more after the break. I get it all the time. Have you lost weight . Of course i have ever since i started renting from national. Because national lets me lose the wait at the counter. And choose any car in the aisle. And i dont wait when i return, thanks to drop go. At national, i can lose the wait. And keep it off. Looking good, patrick. I know. vo go national. Go like a pro. Nice rock. Its time to drop gold. Go digital. Go grayscale. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. Charles you know the biggest news of the week was largely ignored but it shouldnt be because i think it can inform investors on where to be for the rest of the year. U. S. Productivity, the headline was the decline of. 3 quarter to quarter. Surprisingly, the experts were looking for almost a 1 increase there. This, though, was the sharpest decline since the Fourth Quarter of 2015 and the pressure came from worker inputs. We are talking hours worked, hourly compensation, overall unit labor costs. Its a serious issue for businesses and their profit margins. Experts are divided on how to remedy this situation. Some believe that businesses should just curl up in a ball and go in defense mode and weather the higher costs while others think well, businesses have to make investments to gain greater output from these workers, as its unlikely wages are going to go down any time soon. This as businesses are in strife. Remember american businesses are already taking out their frustration with tariffs by holding withholding investments. Third quarter gdp saw just two of the three components of fixed Business Investments go down a lot but one did decline substantially. I suspect the excuse of tariffs will fade, particularly if theres a deal and there will be a mad dash by these businesses to invest. So what do you do . The vice chair of the Federal Reserve actually gave us a hint. He said businesses must step up to trigger better productivity with investments and things like 3d printing and Artificial Intelligence. I will admit i have been burned from 3d printing stocks to get back in too early but at the time i think hes right to make sure you have exposure to Artificial Intelligence in your portfolio. One name i like is big today, pegasus. Keep this on your list. While its the right time i think to have this in your portfolio, a recent survey finds that 37 of workers aged 18 to 24, the youngest workers, they are scared of new technology taking their jobs. On that note, i want to bring in Karen Harrison and mike okeefe. Karen, let me start with you. Welcome back. Thank you. Charles last time you were on, you said dont worry about it, a. I. s our friend, but these millenials, Young Millenials are scared to death that they wont have a job because of computers. Well, i think it goes beyond just a. I. We have to think about not just Machine Learning or algorithm piece of it, but also the human hand dexterity, the sensors, all that can come together and start to do some of the more routine tasks. These arent fantastic jobs, chopping onions in a restaurant isnt necessarily something that millenials aspire to, but they are important jobs in the economy and i do think we will see pressure on them. Charles there have been reports from oxford, the famous report four or five years ago to more recent reports saying that everyone just about, up to 57 , 70 of all workers, including newspeople on tv, should be concerned that at some point, a machine could do your job better. Well, its not all people. There are certainly jobs like somebody looking after an aging relative, theres a human empathy component to that. But its about 40 million jobs that are at risk, 20 to 25 . In terms of the tasks that are able to be replaced by automation. Charles right. Michael, from an investment point of view, this is something we talked a little about before. There are obviously opportunities here as well. Yes. Again, theres two lenses to look through. One is the companies that are actually creating this technology and you know, looking at the different innovation, the kind of Companies Like the one you mentioned, perhaps. But the second lens to look through is how are Traditional Companies embracing this technology. Really, at the end of the day, to be competitive in the future, almost all companies have to figure out how to embrace the technology. Charles you could argue this is perhaps the fourth industrial revolution, if you will, and you know, something of a luddite, im really always kind of nervous about these things. Every time these things have happened they created more jobs, more prosperity for mankind, is that where millenials and anyone else who is worried about this should be focused, about the Positive Side of this . Over time, absolutely, i think if you look back in our history moving from agriculture to industry, we had a massive transformation. I think most people would rather have been living in the 1950s than the 1920s. But the challenge is it certainly wasnt a smooth path. Any time we have this level of disruption, theres likely to be a lot of economic volatility thats opportunity for investors but it also creates displacement for those on the wrong side of it. Charles do you factor that in, when you start to think about the economy and you know, a slowing population, more, you know, more Machine Learning and job and taking job creation from machines, you know, Overall Economic backdrop . Oh, it definitely rolls into our analysis. You know me, i tend to be optimistic. I look at that and think about retraining people, especially younger folks, millenials. They are at a stage where they can really almost tune their work towards developing skills around these issues and whats most intense about that is the technology itself. Online learning makes that even easier. Charles we have a guest who said it will be wonderful for the first 100 years, and after that it will be a disaster. We start with the 40 million but ultimately, the numbers will climb even higher than that. I think over time, i believe, we are optimists, we believe in human innovation. I work with clients every day that are doing extraordinary things in their own businesses. Its hard not to be an optimist but that doesnt mean, again, that doesnt talk to the speed at which this transition can take place and doesnt mean that everyone will be insulated from it. Charles all right. Well, two experts, karen, michael, both saying you know what, embrace your robot. There you go. Charles never know. He might be your supervisor one day. Thank you. Appreciate it. With the dow off about 50 points, its been a relatively quiet day but not a quiet week and certainly wait until the next hour because you will have real fireworks. I mean really, real fireworks. Liz claman, over to you. Liz real blowtorch fireworks. Thank you very much, charles. Happy friday. Breaking news. At any moment, President Trump will appear onstage in georgia. He will follow Vice President mike pence as markets take aim at new records. The nasdaq right now that you see on the left side of the screen is about to clinch new alltime highs. It would take any gain for the s p 500 and the Dow Jones Industrials to reach fresh peaks. But both the s p and the blue chips are kind of struggling to keep up after the president said one particular thing this morning about trade. We are going to take you straight to the white house, where team trumps rapidly