Were talking ever. That and much more on making money. Charles democratic president ial candidate Bernie Sanders reaffirming his stance that if you make more than 29,000 a year youre going to be paying more taxes to pay for the universal health care plan. Take a listen. What we will do, is have a 4 tax on income exempting the first 29,000. [applause] all right. Youre better at arithmetic than i am. Because what that means, if you are that average family in the middle, who makes 60,000 a year, well tax you on 31,000 at 4 . Charles man the guy is so generous. Not only does this sound unfair, i think will destroy our economy just as the middle class is beginning feel great about ourselves. Not talking about opinion polls. Talking about real life. Those same folks bernie wants to tax, theyre out there, spending money, creating jobs. Three retailers you know, great proxies for the middle class not only reported earnings. They beat wall street and raised guidance for the rest of the year. It doesnt stop there. New home sales surged, this is the best backtoback month for new home sales in more than a dozen years. 59 of the homes were priced from 200 to 400,000. That is the sweet spot for americas middle class. I still dont understand why we wouldnt allow the Economic Growth to continue to feed on itself . It would trigger velocity of money that creates real shared prosperity. On that note i want to bring in lending trees chief economist, also Young Americans for liberty analyst kristin tate. Let me start with you. Forget about politics for a moment, it just feels like the economy is starting to bubble up, money is beginning to circulate and people are starting to feel good and im really concerned when you start taxing people at 29,000 that is a major speed bump. So it is not clear to me exactly the totality of the tax plan because the current standard deduction is 12,400 for 2020. If they take it to 29,000, that actually means a lot more people will not be paying any taxes at all, which might help the economy. The challenge of course is that anybody above that ends up paying much more. That you know, could be a drag on the economy. Charles if were doing 35,000 a year can i afford to pay 4 tax on the extra money im making . If you first 239 woe 29 would be free and 4 on the rest. That is less than youre paying under the standard deduction. Charles what are your thoughts on the particular plan. I agree part of bernies proposal. Everyone should pay taxes including low income people. The part of the problem, charles, nearly half of americans pay zero in federal being in taxes, they dont care if the federal government continues to spend money like drunken sailors. If you have more tax paying people will take an interest in how the government is spending our money. To be clear im not in favor of tax increases. I would love the government to downsize significant have tax cuts across the board. Many republicans and Many Democrats made it clear theyre not interested in think spending cuts. I have to give bernie some credit he is being honest with people, telling americans that health care is not free. A lot more honest than Elizabeth Warren is stealing money from billionaires to pay for Big Government programs is a overt lie. Charles do have the wealth taxes and proposals from sanners and warren. These wealth taxes start to kick in, many folks saying you can reach too far when it comes to the billionaire class. Again repercussions wont necessarily be with them but kind of opportunities that their investments provide for lower income folk. I think the big challenge with wealth taxes how do you structure it in a practical sense. Several countries tried to do wealth taxes. It is really hard, what is wealth . A lot of assets people have, are not publiclytraded not in the markets every day that are difficult to value. That is something they have to address from a technical perspective. Charles kristin, it is interesting, because listen, these taxes you know, it is okay to say i want everyone to pay taxes but one thing about them is that they, feel like theyre insidious, right . They continue to grow. There is always something, when you open that door, when you open the tax door, for instance with the alternative minimum tax, someone wrote an article, like 1967, 100 families not paying taxes. Fast forward 20 years later, millions are paying the amt so i do worry about just the fact that the idea, instead of allowing growth in our economy, instead of allowing people to go out to Burlington Coat factory, to best buy, buy a new home, let that growth where money circulates in the economy, that Big Government wants to take it from people and then they will be the ones who decide who gets it as redistribution . Youre exactly right. Government only grows, you cannot propose these trillion dollar programs and pretend you will not raise taxed on the middle class. Elizabeth warrens wealth tax would only raise 2. 75 trillion over the first decade. That is according to her own advisors. That wouldnt cover 8 of the cost of medicare for all. So when people making 30,000, 40,000 a year realize they will be getting a federal tax bill to pay for these programs, i expect to see the support for a lot of these Big Government democrats erode but at the end of the day we have a big spending problem in this country, charles. That is another part of the equation. Republicans have not been better on this either. We need spending cuts. Charles i never thought i would hear the phrase only 2. 75 trillion. Crazy. Charles thank you both very much. Appreciate it. Thank you, charles. Charles all this good stuff happening in our economy, all the Economic Data came out this morning, it means there are investment opportunities. On that i want to bring in bellpointe chief Market Strategist david nelson. David, weve had this conversation over the last two weeks or so. Some areas looking good, like retail stocks. Even stocks that have bad earnings, their stock prices are up. But today, the number one percentage mover in the entire market, the s p 500, best buy. Three years ago people said best buy was going out of business. Now the stock is a rocket ship and same thing with the American Consumer. The American Consumer flexing their muscles like crazy. There has to be ways for our audience to participate in this . Youre seeing it right not marketplace today and i love the point where you point out with company like best buy, Burlington Coat factory, this is not the playground of the rich. This is where middle class america does their shopping. Burlington coat factory provides Affordable Clothing at a very reasonable price. It is high Quality Clothing yet samestore sales knocked it out of the park. Same for best buy. Ross stores had a great number. Charles it is interesting my mom took me to burlington, first time i went there, a while back, i got the idea to buy. The stock is up 700 from the first time she ever took me there. I bought it, i sold it. But the point i sold it too. Charles i saw people wanted to go there. People liked the treasure hunting thing. To your point by one year later ralph lauren shirt, be in style to a degree, right, but spend that money to democratize fashion for people. That is what i see. Then the new home sales for instance. It feels like it is coming together and im worried that you have a Political Party out there that just doesnt see this. A Political Party sees life as zerosum game. The only way to gain for the low end, take for someone else. Point to the guy down the street. He has more than you. Take it from him. Grow the pie. That is what the administration is about. Playing out in the economy. All the dem graphics youre pointing to, theyre getting a raise in their pay maybe for the first time in decade. Charles one of the reasons i love having you on the show, you have skin in the game all the time. Youre not cute. Sometimes it hurts. Charles you didnt sell yesterday, the market is down and youre out on tuesday and youre in this thing all the time. I might own Different Things different times but on i can quit side im all in. Charles what do you like in this environment . Across the board im bent cyclical. Overweight technology for first time in while this year. Technology is very strong. Industrials, and my number one overweight is certainly financials. Value is starting to work. This has legs, this growth and value trade. Charles when you say cyclical for the audience, these companies should do well when the economy is getting better. Like were coming out of a recession, not going into one. Charles low gdp print for the Fourth Quarter. We pick up again, 2020 youre looking for a Strong Economy . Im not looking for a blockbuster economy and which still need the fed at our back but charles trillion dollar economy, even if we grew 2 that would create amazing opportunity. They are giving message on other side of this, when a caterpillar goes up 9 off a real lousy print, they are looking through the bad news they feel are the trough. Things are on the upswing, not a downswing. Charles the market is historically pretty good harbinger for six months out. Those Key Companies that you just mentioned at the top of this segment, Companies Like burl link ton coat factory, others like that, that it has legs and broadbased. Charles that was remarkable, advancers to decliners, up volume, down volume. Well see how it goes today. I think market thinks it can go a lot higher. Great to see you david. Six Drug Companies are targets of a federal opioid. Wall street journal reports that fed are looking at johnson johnson, teva, amerisourcebergen and mckesson. The probe, well see if the companies intestingly allowed opioids to flood communities using laws typically used to put drug dealers in jail folks. This could be criminal. Shares of all Six Companies taking a hit on that news. Coming up i will talk with herman cain what he thinks about the democratic field. Candidates, ones dominating are all 70 years or older. Talking about the young, woke, diverse democratic party. A shoe company calling out amazon for mimicking its 95dollar wool sneaker. Is it smart capitalism or insatiable greed. Elon musk is accepting ultimate rematch between the cyber truck and ford f150. When will we see the rematch everyone is hoping for . My money on the f150. Well be right back. Imagine traveling hasslefree with your golf clubs. Now you can, with shipsticks. Com no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. Sending your own clubs ahead with shipsticks. Com makes it fast easy to get to your golf destination. With just a few clicks or a phone call, well pick up and deliver your clubs ontime, guaranteed, for as low as 39. 99. Shipsticks. Com saves you time and money. Make it simple. Make it ship sticks. Shipsticks. Com saves you time and money. A former army medic, made of the we maflexibility to handle members like kate. Whatever monday has in store and tackle four things at once. So when her car got hit, she didnt worry. She simply filed a claim on her usaa app and said. I got this. Usaa insurance is made the way kate needs it easy. She can even pick her payment plan so its easy on her budget and her life. Usaa. What youre made of, were made for. Usaa vo the flock blindly flying south for the winter. They never stray from their predetermined path. But this season, a more thrilling journey is calling. Defy the laws of human nature. At the season of audi sales event. Hey. Hey. You must be stevens phone. Now you can take control of your home wifi and get a notification the instant someone new joins your network. Only with xfinity xfi. Download the xfi app today. Charles is amazons greed becoming insatiable . Well if the shoe fits. A shoe company sent a letter to amazon over lookalike sneaker being sold less than half the price. Many wonder if this is the case of capitalism gone wrong . Which have independent womens analyst, patrice onuka. They make these shoes. Theyre environmentally biodegradable. Theyre safe. They put a lot of work into them. They have a major following. They look on amazon one day, amazon has a very similar looking shoe, patrice. Smart business or is it going too far . I actually think it is smart business. All birds designed a really great product. They have to expect they will have copycats. For them the challenge is how do you compete on something other than price . You compete on quality of your product. You compete on sustainability, the environmentalism pack. And story behind it. I think they can find those customers willing to pay the 99 that people on amazon are only going to pay 49 for. Charles to your point, the ceo of allbirds wrote a letter to jeff base sew. We will read a part of it. We are flattered that the your shoe compares to with ours. We want to give you the components that would make this shoe not just ours, look like ours, also match our approach to sustainability. Which believe the most powerful business in the world amazon should be lead on this and be rewarded for doing so. This is little bit like business judo if you will, youre a pipsqueak fighting the Biggest Company in the world but this is where amazon draws a lot of criticism, patrice. Yes. Is there anything such as, is there any fruit not low enough hanging for them . Do they have to go after every crumb out there . A lot of businesses are selling on amazon and so you sell your product. A couple of months later theyre selling a copycat . The advantage amazon has it has access to the spending habits and consumer behaviors of all of their members. They can see what products are getting traction. They can turn around, pretty quickly become sellers of that product. Some people say that is maybe that is some sort of monopolistic position that theyre in. Im not sure about that because i think you have in many situations where particularly in retail, you know, celebrity like Kim Kardashian comes out with a really great design. Then two weeks later you have a knockoff product coming off smaller, cheaper, faster website. Youre going to see this. Charles right. What is interesting about allbirds. This is not the first time they call a company to mat knocking off on their shoes. They did this in 2017 got private settlement with steve madden. They have done it with a german company. Sounds like they think nobody should copy their shoes. Look atoms. Toms shoes were copied many times over. Charles there is nothing original in the space. Nothing. If you can compete you can win. Charles another rivalry is brewing. Elon musk with a rematch with ford after he posted a vido. Shows the new tesla cyber truck. Pulling a ford f150. The ford was not allwheel drive. Likely with the low end motor of fords. As you can see as they begin the tesla cyber truck begins towing first, to tug first, you know, listen, i think were all building it up. Maybe its a payperview match somewhere down the line but do you like these kind of stunts . I mean i think it is fun to watch. If this is the same truck they previewed last week where he tried to throw a brick or something at the window and it shattered when the window was supposed to be shatterproof, i think they are trying to do everything they can to prove the products are living up to the standard and the name they suggested. First as consumers, i think it is great. We see come run against one another. Consumers decide what they like. Whether they want to go after tesla or stay with an americanmade brand that is so, so ingrained in our culture. Charles going for the super chief, if my wife ever lets me have one. Begging for 10 years. One year i am getting that truck. Patrice, thank you very much. Good to see you, charles. Charles a massive manhunt is underway in germany after thieves steal priceless 18th century jewelry. How they pulled off what some are saying a hollywood style heist. Well hear from the worlds oldest operating Drone Company what theyre planning next. brakes screeching okay. So, today youre going to leave your phone with a guy named flip. ding but its more than your phone, its your business, your customer data, your sales figures. And who can forget, those happy hour selfies . Not flip. honking, gasping this isnt working. Introducing samsung Business Security solutions, with knox software. With the galaxy note10, you can remotely wipe data or lock phones, so your business is secure even when your phone isnt. Samsung business solutions. But you dont feel good. With polycythemia vera, pv, symptoms can change so slowly over time you might not notice. But new or changing symptoms can mean your pv is changing. Lets change the way we see pv. You track and discuss blood counts with your doctor. But its just as vital to discuss charles President Trump. That is 132 times from the time we got elected that very great day. A lot of people are happy. The first lady and i are delighted to welcome you all at the white house on this magnificent autumn day. On behalf of the entire trump family i wish each and everyone of you a very happy thanksgiving. It will be a great thanksgiving. Were glad to be joined today by representatives david rouser, jason smith, and a man who has done, they are warriors. They have all been great warriors. Mark meadows, thank you very much, the three of you, please stand up. They are warriors. And great people. Deb, thank you very much for being here. Thank you. [applause] thanks also so the president of the National Turkey federation, joel brandenburger, its chairman kevin dowdy, here with his family and his wife jan. Jan, thank you very. Please, stand up for what you do. Head of butterball, chairman of the butterball. Biggest there is. Great job. We appreciate your involvement. Thank you very much. As we gather this week with loved ones across our beautiful land, we give thanks to god for the many gifts that he has bestowed upon us. Today we also come together to honor the beautiful feathered friend, the noble turkey. Thats a beauty. It is said that Abraham Lincoln was the first president to spare thanks giving turkey at the request of his son. In 1947 president harry truman accepted the First Annual National thanksgiving turkey. In the decades that followed, president s from kennedy to reagan would show mercy, see . Wow. Thats a strong bird. To their birds but it was george h. W. Bush who first issued an official pardon. In keeping with that tradition today i will issue a pardon to a pair of very handsome birds, butter and his alternate, bread. Thats true. Look at you. Their names were chosen by the students of Harrells Christian academy in north carolina, great state. Bread and butter were raised in tarheel state by farmer Willie Jackson who is here with us, with his wife tara, and their lovely family. I want to thank you very much, great job. Great job. Thank you very much. [applause] thankfully bread and butter have been specially raised by the jacksons to remain calm under any condition, which will be very important because they have already received subpoenas to appear in adam schiffs basement on thursday. [laughter]. Its true. Hundreds of people have. It seems that the democrats are accusing me of being too soft on turkey but bread and butter, i should note that unlike previous witnesses you and i have actually met. Very unusual. [laughter] [applause] very unusual. In any event i expect this pardon will be a very popular one with the media. After all turkeys are closely related to vultures. I dont know if i like that line. But there is a little truth to it. But today, after the birds will retire to gobblers rest at virginia tech, great college. Where they will be cared for and enjoy a terrific life. This thanksgiving we bow our heads in gratitude for the newfound prosperity and spirit taking place all across america. The country has never been more successful. Our military has been rebuilt. We captured the number one terrorist in the world and killed the number one terrorist in the world, albaghdadi. And i i want to thank our mility because there is nothing like our military. [applause] i want to thank almighty god for the shedding his grace on our nation, our nation is special. Wees specially send our love members of the United States armed forces serving all over the world. Were forever thankful for those who wear our nations uniform and the families that support them. The families are so important. We can never be the same without those great families. Because of their selfless service, millions of our fellow americans are celebrating another wonderful thanksgiving in safety and in peace. And just a very special country. A very special place. The rose garden at the white house, if youre looking back here that is the oval office. Some of you havent been here before. Every time we walk on the grounds of the white house we realize how special it is. So now we reach the moment bread and butter have been waiting for so patiently there. Their president ial pardons. Melania and i wish all americans a very happy and blessed thanksgiving. We love you all. Butter, lets talk to you for a second. Im going to do something you will be very happy about. Uhoh, that looks like a dangerous bird. It just escaped. Butter, i wish you a lot of luck but, i hearby grant you a full and complete pardon. [applause] [inaudible]. Go to gobblers ranch. Thats great. Thank you all very much. That was fun. Thank you very much. [applause] charles President Trump having a lot of fun pardoning butter and bread, calling them beautiful, strong, noting how calm under pressure they were, noting perhaps adam schiff may have them in his basement tomorrow. It is unofficial. Goes back to Abraham Lincoln. I didnt realize it became official under george h. W. Bush. There you have it. Meanwhile the pink panther has nothing on brazen burglars in berlin. In fact police are on the lookout for a team of thieves that broke into the dresden museum, the green vault. Made off with priceless jewels. Deirdre bolton is here with how it all went down. This is shocking. This collection may be worth more than one billion dollars. That is not counting the cultural worth, just the monetary worth. Charles right. Let me go through what was actually taken. Three priceless sets of diamonds, including brilliant cut stones which belonged to a 18th century collection. This was founded by augustus the strong in saxon in 1773. Believe it or not the palace in dresden with the collections has been a tourist attraction since 1724. That underlines how important the collection is to the region. The interior minister talking about the fact this is so important to them culturally. Even the director of the dresden state art collection, an art minister if you like, pleading with the thieves, via the press. What theyre afraid of these pieces are so recognizable, the thieves wont be able to sell them. So they will go and melt down the metal, take out the stones, and then sell those. Charles right. On a criminal market or an open market. Charles i mean i was reading into your point, it is a bitter day for the Cultural Heritage of saxon. Yeah. Charles to me, the more i read about this story the more they emphasized that even as much as they emphasized the monetary value of all of this. These dont happen often, obviously. Feels like well enough orchestrated that maybe they would have an idea of what theyre going to do, these thieves. Yeah. Charles in other words they might have already had a buyer. There is lot of theories. It was extraordinarily wellplanned. What the german place say happened, that the thieves probably started a fire at an electrical station near the museum. Therefore the museum alarms didnt sound. The heist started at dawn. Because they cut that particular part the area was in darkness. What did happen, were showing you the footage from a different source, some of the museum surveillance cameras were recording images of two men, who quite clearly knew what they were after, what they were doing. They broke into a fence. They went right to that jewel, kind of encasement. They broke that they took what they wanted. There was a burned out car found near the autobahn. So the museum is near the autobahn. What they think what happened, the police drove away in the car. Put the car on fire. They had a getaway car on the autobahn. The police have locked down dresden but they fear the thieves are already out. Charles it was wellplanned. I thought it was museum had unarmed Museum Security guards. Okay. You had to i feel bad for them in a way, you had to make an appointment. There were a few number of people per visit. They tried to be strict of the just didnt work. Charles all points bulletin for danny ocean. Deirdre, thank you. Well be right back. When you shop small you help support your community from after School Programs to the arts so become a regular, more regularly. Because for every dollar you spend at a Small Business, an average of 67 cents stays in the community. Join me and American Express on Small Business saturday, november 30th, and see how shopping small adds up. Are Critical Skills for scientists at 3m. One of the products i helped develop was a softer, more secure diaper closure. As a mom, i knew it had to work. There were babies involved. And they werent saying much. I envisioned what its like for babies to have diapers around them. Thats what we do at 3m, we listen to people, even those who dont have a voice. At the end of the day, we are people helping people. Charles Bernie Sanders making major moves in the polls stealing momentum from Elizabeth Warren. He is top of New Hampshire with a new poll with him at 16 , warren with 14 . Nationally behind biden. He is back in second place. Biden and bernie have risen in polls since october where warren fallen behind. Lets ask new voice chairman, herman cain. Democratic Party Started out of the year, theyre young, woke, dynamic, people of color, oh, never mind, the same 70 years olds. Not to diss the 70yearolds. Youre a great looking septa. Septagenari a. N i sometimes forget about that. I think people may underestimate septfenarias. Dont gnat the leadership ability. In this case, neither biden nor bernie have articulated anything that suggests they would be strong leaders. That is what they will fall down. It is not the age. Whether or not they have the ability. I dont think either one have the ability to get all the way to gain the democrat nomination. No, i dont think either one of them do because they talk a lot, but they dont say a lot that inspires people to believe they can lead. Charles feels like bernie created a maybe a cultlike following. In early october, he had the scare, heart scare. He was less than 14 . Now he is almost at 20 . People written him off then. A lot of this came at the expense of Elizabeth Warren. But are you surprised the biggest rival to this group is buttigieg who is only 37 years old and still in Single Digits . No, im not surprised and heres why. I think the fact that bernie is rising because of name i. D. And Elizabeth Warren is falling in the polls because there is a socialism backlash. I think that is what is happening. Buttigieg is not really a factor yet, not until he gets into second or third place. I happen to think this is socialism backlash, because the American People demonstrated and said over and over, i have been getting this anecdotally, that they are not stupid and all of these socialist ideas, that all of these people are putting out there, arent resonating with the people. And all you have to do is look at some of the latest polls which verify that because many of the people that consider themselves moderates or in the middle, 10 age points swing against impeachment. Charles right. I also believe theyre also not buying the socialist ideals. That is what the current crop of candidates are doing. And that is basically, theyre selling socialism. Charles so it sounds like to me, in your mind, maybe, Mike Bloomberg made a smart move to sort of take his platinum parachute and jump into this thing . I think it was a smart move but i only give him about a 40 chance of being able to get the nomination and heres why. I believe that Michael Bloomberg will get, has only about 40 chance of getting the nomination because he will attract most of the quote, unquote, normal democrats, if there is such a thing, versus all of these people who are rabid with some of these socalled progressives that are all the way over to the left. Because he will pick up most of the support that biden would have gotten, but biden is beginning to falter. So bloomberg may pick up a lot of that support but the biggest challenge for bloomberg is going to be how does he moderate these extreme views of the rest of the candidates with his common sense plan . Herman, every time i talk with you i learn things and two things i have just repeat. Septuagenarianns when they have leadership ability and americans are not stupid. Always a pleasure. Take it to the bank, charles. Take it to the bank. That is how you make money. Charles like Everything Else you tell me, my friend. Thank you. Charles chinese drones opening a door for north american manufacturers. The worlds oldest operating Drone Company is here and what theyre planning to do to dominate the industry. Need with Liberty Mutual. Only pay for what you need with Liberty Mutual. Con Liberty Mutual solo pagas lo que necesitas. Only pay for what you need. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. introducing the Marilyn Monroe collection of fine jewellery. Exclusively at zales, the diamonds are a girls best friend store. Exclusively at zales, beyond the routine checkups. Beyond the notsoroutine cases. Comcast business is helping doctors provide care in whole new ways. All working with a new generation of technologies powered by our gigspeed network. Because beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected. To do the extraordinary. Take your business beyond. Theres a company thats talked than me jd power. People 448,134 to be exact. They answered 410 questions in 8 categories about vehicle quality. And when they were done, chevy earned more j. D. Power quality awards across cars, trucks and suvs than any other brand over the last four years. So on behalf of chevrolet, i want to say thank you, real people. Youre welcome. Were gonna need a bigger room. 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. Charles drones becoming uncorporated into our daily lives from the military to public safety. Amazon, walmart, a whole lot of others looking to give you drones deliveries. Meanwhile chinese manufacturing have been dominating this space. There are mounting concerns, security concerns about beijing opening the door for north american drone manufacturers. One of them dragonfly, is the oldest operating Drone Company in the world. It recently went public on the canadian security exchange. Their ceo cameron shell joins me now. Thanks for joining us. Thanks so much, charles. Charles tell us about your Drone Company, the Oldest Company in the world yet the chinese up starts have taken market share . Make no mistake about it. The chinese up starts are extremely wellfinanced and engineer something fantastic. The property is not the issue, the issue is the chinese policy. Not the companies themselves. What the American Government and nato are worried about the policies the chinese sovereign government has in place in order to capture data on the drones. That is the real concern. Why close to this billion dollar opportunity opened up for north american manufacturers. Charles a little history on your company. So dragan fly is oldest operating company in the world. We were original developers of the quad copter and come commercialized. It our drone is in the smithsonian. It was the first drone to save a human life. We have a strong Patent Pending portfolio as well. Weve been doing military contracting engineering for years and really focus on public safety. Charles you focus on chinese drone. This is a chinese drone in front of you. Yeah. Charles how does it work . It is wellmade. It is. Charles they correct the data from the camera, is this where they collect the data . There is number of data collecting sources on any drone. This drone is chinesemade drone. It is extremely well made and has price features to it and charles how does it get information, if it was flying over the building, how does the information get back to beijing . Small at information is connected to the cloud one way or another. The commands are happening through bluetooth, the telephone. Most of commands are happening and working through your telephone. Also all the data on these, right, the company had access through it through the warranty and through the chips and all the rest of that on it. So the particular companies themselves may or may not have use for it. It is incredible data. Other than the iphone, a drone will collect more data than any other type of device out there. It will collect a different type of data. Charles before we go, your opportunities, where do you see them most . Will it be delivering pharmaceuticals for cvs . Will it be our daily lives . Or just almost unlimited these opportunity . For us it is unlimited the because we have our own autopilot system. We have a extremely solid patent portfolio which allows us to operate in areas all Drone Companies have to work in. We really see our strong opportunities in military and public safety. Also large industrials. So recently, chinese drones were taken out of service for the department of interior. Again not because the companies are not great, but because of the security concerns. Charles right. For Companies Like us, and there are only two or three north american manufacturers period. That is brand new billion dollar market opened up for three or four companies to take advantage of. Well stay in the military and public space for now. Charles i thought i knew a lot about drones but i feel like i know a lot more. Appreciate it. Another day of records on wall street. Including the dow on pace for the record 100th close under President Trump. What you need to know as we head into the final hour of trading. Well be right back. Each day our planet awakens with signs of opportunity. But with opportunity comes risk. And to manage this risk, the world turns to cme group. We help farmers lock in future prices, banks manage Interest Rate changes and airlines hedge fuel costs. All so they can manage their risks and move forward. Its simply a matter of following the signs. They all lead here. Cme group how the world advances. Charles a lot of Economic Data today including u. S. Trade deficit and goods declined six in october to 17month low. 66 billion, but some interpret this now perhaps tariffs are working. Some suggesting that the Fourth Quarter gdp could be better than current estimates. Some people fretting point to persistently slow economic picture. Sharp decline in auto import worrying many people. There is a slate of Economic Data coming out tomorrow, personal goods, personal income, personal spending, core inflation and many market, economic naysayers are looking at durable goods report to be a crack in the nations economic armor. Even if the fed was more concerned about our economy than they led us to believe. So with businesses holding out on Capital Expenditures end up hurting this market or at greater risk not keeping up with the rivals . Want to bring in monica mehta and mitch rochelle. Monica, let me start with you. A lot of data out next 24 hours. A lot of data is out today. Even though this is thanksgiving week. A lot of eyes on the durable goods report. The big threat is manufacturing slow down, no business investment, those kind of things. What are you expecting . This is a difficult time to go quarter by quarter, with trade, being a Big Conversation for almost two years now, there has been a lot of shuffling. There are companies predicting what will happen next. They are pushing forward their production. So i dont think youre seeing anything normal right now. So to put a lot of weight in any of these quarterly numbers could be very misleading. In general what youre seeing, even though Consumer Confidence came down for the fourth month, people are generally quite confident. Again charles sort of meandering near at the highs. Slightly again, almost 50 of the americans feel jobs are plentiful. There is only 10 of people in america think a job is hard to get. That really goes to the foundation of the consumer, how stable they feel. So, again i think, caution with the quarterly numbers. Charles mitch, even with the deficit in goods, being at 17month low, some are not sure. Because you had september tariffs coming on. How much is noise . Hard to quantify it right now. But almost all economists agree, if there is crack in the armor, it will come from manufacturing. It will come from a slowdown, major slow down in capex spending. If you look at isms, pmis, sorry to get all alphabet soup with you, those are waymystic on survey side than the capital goods orders. Capital goods and capex may be slower than we hoped, if you look at surveys, the surveys are way more pessimistic. Charles companies would be making a big mistake not to mess with the business, with the American Consumer this strong. I just think it is, also competition, this great. When you saw targets numbers, for instance, and when you saw home depot numbers they all talked about the same thing, invests were making to stay ahead of the crowd. What is interesting about those investments, were looking at structures, looking at traditional capital invests. Theyre making invests in technology and people part of the technology equation. Theyre buying software licenses, buying more pcs. Buying more storage. I think that Technology Spend is actually replacing a lot of traditional charles i do too. Some is not captured in the traditional gdp numbers, right . Personal income, personal spending. We have a consumer that has been spending not getting over their skis. 8. 3 savings rate. Seems amazing to me. Can it keep going this way . What will you look for tomorrow . I think were expecting black friday to be big, the entire weekend to be big. Theyre expecting more than 4. 2 growth in terms of Consumer Spending over this very big weekend. For many retail and consumer companies, amounts to a big majority of their sales for the whole year. I think a very strong black friday is a good sense of a consumer still willing to spend. I do worry a little bit household debt. There are still a lot of Americans Still havent paid off credit card bills from last year. If you look at other side of the equation. Household debt as percentage of gdp. Is not as bad as you think it is. I do worry about going into the Holiday Season with the consumer as strong as they are. Us getting ahead of our skis, spending too much. But overall, it is no longer black friday. It is like black november. Reality look at some front end sales. Month looks pretty good. I think who say season will be very strong. Charles thank you both very much. We appreciate it. Folks, well be right back. My neighborhood. Im a regular at my local coffee shop and my local barber shop. When you shop small you help support your community from after School Programs to the arts so become a regular, more regularly. Because for every dollar you spend at a Small Business, an average of 67 cents stays in the community. Join me and American Express on Small Business saturday, november 30th, and see how shopping small adds up. 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. Hi, my name is sam davis and im going to tell you about exciting plans available to anyone with medicare. Many plans provide broad coverage and still may save you money on monthly premiums and Prescription Drugs. With original medicare, youre covered for hospital stays and Doctor Office visits, but you have to meet a deductible for each and then youre still responsible for 20 of the cost. Next, lets look at a Medicare Supplement plan. As you can see, they cover the same things as original medicare and they also cover your medicare deductibles and coinsurance. But they often have higher monthly premiums and no Prescription Drug coverage. Now, lets take a look at humanas Medicare Advantage plans. With a humana medicare plan, hospital stays, Doctor Office visits and medicare deductibles are covered. And, of course, most humana Medicare Advantage plans include Prescription Drug coverage. In fact, in 2018, humana Medicare AdvantagePrescription Drug plan members saved an estimated 7400, on average, on their prescription costs. Most humana Medicare Advantage plans help you stay active and keep fit by including a Silver Sneakers Fitness Program at no extra cost. And, you may be able to save on dental and vision expenses, because coverage is now included with most humana Medicare Advantage plans. You get all this coverage for as low as a zero dollar monthly plan premium in many areas. And your doctor and hospital may already be a part of humanas large network. If you want the facts, call right now for the free decision guide from humana. There is no obligation, so call the number on your screen right now to see if your doctor is in our network; to find out if you can save on your prescriptions and to get our free decision guide. Licensed humana sales agents are standing by, so call now. Alright folks, 30 seconds before i handed over to my colleague liz claman, stocks are doing well and consumers are drama, how many have you heard of these, hormel, clorox, hershey, kellogg, procter gamble, have a good day its a very good year. Dont think this is not for you, you are the stock market, you are the ones making this happen. Liz claman, i know itll be another starting hour starting with you. Did you say hershey . Basic chocolate in a smores im done. Thank you charles so much. In all animal affair on wall street as markets hit record high, right now in the final hour of trade, the bulls trampling the bears as President Trump pardons to turkey after the final prose of a very important trade deal with china. His optimism surrounding the verbiage final throes of a deal sparking real buying. The dow, s p and nasdaq, any gain, and all three will hit record close, you have to stay with me because its going to be another record day. Meanwhile the president fellow business or billionaire,