Transcripts For FBC Mornings With Maria Bartiromo 20240711

Contributor, karl rove. Futures are pointing to another rally, extending yesterdays gains of 315 points on the dow futures right now, all three major market gauges finishing in the green yesterday, boosted by positive news on the vaccine front from astrazeneca this time. Best buy, burlington and Dicks Sporting Goods are reporting this morning, all the numbers as soon as they hit the tape. Were keeping an eye on the Holiday Shopping season thats largely shifting online. How you can protect yourself against cyber criminals looking to hack the holidays. And replacing an icon, or trying to. Jeopardy will be seeing a show alumnus as its new interim host, making a buzz this morning. Mornings with maria live right now. New york, concrete jungle where dreams are made of. Theres nothing you cant do. Dagen weve got a rally on deck here in the United States, same story in the european markets. Gains across the board, up about 1 in england, france and germany at the moment. In asia overnights, markets mostly higher there. The only loser, the shanghai, but south korea, hong kong and the nikkei in japan to the plus side. President trump tells the General Services administration to begin the transition process as his legal team vows to vary on with with election lawsuits. Cheryl casone has more. Cheryl. Cheryl that is right, dagen. Good morning. President trump giving the glean right to a formal transition process but he is not conceding. He is recommending that the team does what needs be done with regard to initial protocols. The gsa announcement came hours after michigan voted to certify the Election Results for joe biden. The president s legal fight continues. There is a review of a lawsuit asking for pennsylvania to throw out the certification. Joe biden is ready to introduce appointees from delaware. He calls them the best america has to offer. They include Alejandro Majorkis as the head of Homeland Security and john kerry will be climate czar. A shakeup in the senate to tell you about this morning, Dianne Feinstein will step down as the top democrat on the Senate Judiciary committee, facing criticism over the handling of Amy Coney Barretts confirmation hearing last month. Dick durbin has expressed interest in replacing fine steyn. Now to the latest on the coronavirus, dr. Anthony fauci says deaths from covid19 could top 300,000 by the end of the year if the trajectory doesnt change. Hes urging americans to wear masks and social distance. Right now, reported deaths from the virus are over 250,000 in the United States. The rise in caseses may do more damage to the economy, moodys pre ducts at least 1 predicts at least 1. 3 million americans could lose their jobs in the next three months as states reimpose lock downs. And more than 3 million travelers took to the skies ahead of the thanksgiving holiday, despite a warning from the cdc not to travel. Those are your headlines. Back to you. Dagen than thank you so much. We have a rally underway this morning, big gains across the board, this with americans getting ready for the Holiday Shopping season. People are shaking off coronavirus concerns. New restrictions imposed by governors and mayors everywhere, and theyre heading to the malls. Over the weekend, front page of the wall street journal, getting a jump start on Holiday Shopping before even thanksgiving. Joining me now, the bonson Group Managing partner, david bonson. Also joining the conversation all morning long, johns hilsenrath and steve dudash. David, first up, how much more juice do the markets have heading into the end of the year . I just see governors and mayors cracking down on gatherings, trying of to keep people from being around other people. But the markets are still rallying. Are they looking past that, towards the vaccines . Well, they are. And i think too its important that as of fence ive as a lot offensive as a lot of the actions are that the governors and mayors are taking, trying to set dra dray draconian rules agy thanksgiving celebration doesnt affect the market. On a macro level, its not that economically impactful. Now, certainly these different restaurant closings and other things that are happening in certain cities have been a problem but really, dagen, weve seen since the summer that the market has had a better understanding of this virus than almost any public official has had. They know that essentially theres going to continue to be spread. Weve got to learn to live with it. Now we know a vaccine is coming. But no, theyre not able to shut down the economy because American Ingenuity wont allow for it. Dagen i want to move on to joe biden is lining up people for his cabinet. Former Federal Reserve chief janet yellen expected to become treasury secretary, would make her the first woman to hold that position. What is your reaction to this . What does it mean for not just, again, more fiscal stimulus potentially, well, definitely, but also monetary stimulus . Because she will have certainly a relationship with the federal research which she knows well. Yeah, i think if you go back to the 90s, there has been a treasury fed accord building in our country thats very unique. We didnt really used to have. And certainly the relationship that greenspan had with bob rubin in the 90s, even if you go to the covid moment, the Mnuchin Powell dynamic was really quite unique historically as well. Having a former fed chair be treasury secretary is a surprise to me. Chairwoman yellen will probably be received well with markets, she was doveish with Monetary Policy in her time with fed chair. It could have been so much worse. The markets have to be relieved that it isnt someone that could have been far, far more progressive and so forth. Dagen you mean Elizabeth Warren. You mean Elizabeth Warren. Obviously, weve heard her name. I never believed he would go that way. Youre right, that kind of a person could have been really awful for markets. I am surprised by the pick. She doesnt have administrative bureaucratic type experience. This is more of a diplomatic role. But you know what . I think that markets have to be relieved, it isnt worse and definitely as you point out, that relationship with the fed is key as we go into the post covid economic reality. Dagen Jon Hilsenrath jump in here, were going to discuss janet yellen a little later this hour but just jump in here because this is an unusual pick. I suspect that biden in part picked her because shes already been confirmed by the senate and there are three republicans who are still senators who voted for her confirmation as a fed chief. I think its susan collins, Lisa Murkowski and theres one other republican, i condition remember. Yeah. Well, theres a lot to unback here with this unpack here with this pick, dagen. I think the main message that bidens is trying to send is that you know, hes putting in qualified people with stature in these jobs. And i think he was really looking forward to the headlines and the tv roles that kind of had her picture up there because the American Public is used to seeing her on economic matters and is comfortable wither, certainly the Financial Markets are very comfortable with her. They like the fact that she has this reputation as a dove, which means that she supports Government Action to boost the economy and drive down unemployment. You know, i think the left might be a little disappointed with janet yellen. She is not of the aoc wing, sotospeak. Shes a pretty conventional democrat and in fact she raised Interest Rates in the last years of obama and the first years of trump. Because she was concerned that we might get too much inflation. So shes kind of a left but not very left of center democrat. Dagen well discuss that, jon, because, again, if you ism going to hold it. Im going to just tease that, tease it out about maybe the fed taking on a third mandate what her role would be in doing that to basically address racial inequality and our economy and financial system. So theres some progressive policies that janet yellen could work into a Biden Administration. Do i have a second to make one other dagen yes, go. I just want to Say Something about thanksgiving, which your guest was talking about. You know, this is going to be a different thanksgiving. Im prepared to allow to not see my whole family this year. Because i want to see them next year. It stinks. But you know, i think we just have to live with that. Dagen im going to debate you on that. Its not just about i agree with you. Its a personal choice. But its about the draconian rules of like shutting down restaurants in los angeles county, when theyve spent thousands of dollars for protective gear and equipment and theres no Contact Tracing in a lot of these places so theres a lot of rules and edicts and orders but theres not a lot of substance behind what these governors are doing. So its about business. I understand about thanksgiving. But its about business and thats my concern and the economy. And it not being able to recover on the other side of this. David, i digress. Dagen, its also about freedom. Its also about me being able to pick for my family whats safe just as he can pick for his family whats safe. Theres a lot of angles for this whole conversation. Dagen if you live in pennsylvania youre not Drinking Alcohol in a bar or restaurant on wednesday night. That makes total sense. Your morning mover, boeing, the aircraft maker taking off premarket on top of a nearly 6 rise yesterday on the news of alaska air signing a deal to lease 13 new max 73 737 jets, oe week after boeing won approval for the max to take flight again. Coming up, President Trump green lighting the transition process but says hes not conceding his campaign fight for a free and Fair Election process, this as joe biden wastes no time making cabinet picks. We break down this choices. Plus, the white house waging new action against beijing. Jack keane tells us what this means for u. S. China relations. Coming up, what top investors are saying about joe bidens cabinet picks with the word on wall street. And the road to vaccine approval and distribution, fox news medical analyst dr. Nicole saphier is here on what you and your family need to know. At 8 00, former Senior Advisor to president george w bush, karl rove weighs in on the transition process as joe biden you assembles assembles his cabinet. 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Dagen the newest flares a Biden Administration, joe biden announcing several picks yesterday for the top jobs, National Security, foreign relations, a climate czar to take on the economy, biden tapping former Federal Reserve chief janet yellen as secretary of the treasury, the first woman to hold the position if confirmed. She is also the first person to have headed treasury, the central bank and White House Council of economic advisor, joining me now, bob cusak. I said the swamps back as the way it seemed but what do you make so far of these picks from joe biden . Well, dagen, i mean these are old basically obama hands, the john kerry pick shows that bidens going to really lean into Climate Change. Im sure kerry is going to have a lot of power. The left has to be saying well, what about us . Bernie sanders wants to belabor secretary. He hasnt announced his pick yet. Ive heard thats unlikely to happen. Elizabeth warren obviously wanted treasury. Who wouldnt . So i do think that bidens going to have to pay off the left. I think the biden camp is going to be diverse. There are a lot of washington insiders here, no doubt about it. There are pros and cons of that. But overall, the biggest pick obviously yellen, the markets are going to like that because someone like warren was not picked and but listen, some of these fights, i dont know these, this wave, but there are going to be confirmation fights because in all likelihood, barring a doubleheader sweep by democrats, republicans are going to be controlling the nomination process. Dagen i was saying earlier that thats clearly one of the reasons that janet yellen got picked for the treasury position. When she was confirmed as the Federal Reserve chief, there were 11 republicans who voted for her in that confirmation and three of them are still in the senate. I missed i said lisa mor you could yomorcould you sigh, susae coulmurkowski. I dont think thats going to satisfy progressives. I think its a rational thing where youre saying listen, we cant go too far left with these cabinet picks and big picks that were going to be making because otherwise were not going to get them confirmed and obviously the biden team like any first term president wants to get his team in place right away. At the same time they have to do something for the aocs or otherwise theyre going to be called out of. There is friction in the party for now theyre unified. Thats not going to last. Dagen other of picks, he tony blinken for secretary of state, Alejandro Mayorkas to head the department of Homeland Security, avril haines as the director of National Intelligence and john kerry as special president ial envoy for climate. Are any of these picks surprising . The wall street journal editorial today calls them liberal internationalists, blinken is reassuring but kerry as climate czars is cat nip for china, the journal says. Kerry obviously knows how washington works. He doesnt have a lot of great relationships with republicans, obviously, was controversial to the gop as secretary of state. So i dont think theres going to be a lot of kumbaya on Climate Change with john kerry heading the administrations effort. Dagen couple bu kumbaya, agan do a lot as witnessed during the Obama Administration without ever going to congress when talking about the Paris Climate Accord. If theyre trying to rejoin that, that puts america on its heels and damages potentially the work weve done to be the Largest Energy producer in the world. We use natural gas, that reduced Climate Emissions per capita to the lowest level since 1950. Is the goal to reverse that and put the hammer down on business . Thats a great point. Because sweeping legislation is not going to be happening over the next two years because of divided government. What any white house can do, and we saw obama do it, weve seen President Trump do it, executive orders of, regulations. Theres really no limit to what they can do. Now, these regulations and orders can be sued and will likely be. But at the same time, you have an enormous amount of administrative power and theyre going to use that. Dagen bob, great to see you, thank you so much for being here this morning. Thanks for having me. Dagen coming up, who is jeopardys next host . A fan favorite replacing the legendary alex trebek making a buzz this morning. Stay with us. Did you know you can go to libertymutual. Com to customizes your Car Insurance so you only pay for what you need . Really . I didnt aah ok. Im on vibrate. Aaah only pay for what you need. Liberty. Liberty. Liberty. Liberty. children laughing music swells music fades exhales experience the power of sanctuary at the lincoln wish list sales event. Sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first months payment. Itsthe north pole has tond now wibe feeling the heat. 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Am babes dooambassador to the ul haines as National Director of intelligence, Jake Sullivan as National Security advisor. Jon, you probably know more about janet yellen. What does she bring to the table other than maybe an easy confirmation, as treasury secretary. Certainly assum a kumbaya relationship with the Federal Reserve. Jon yeah, its a kumbaya relationship with the Federal Reserve and also with the Financial Markets which is why you see i think one reason why you see the market up so much this morning. I think one of the things we could see from her early on is an effort with fed chairman jay powell to reinstate some of these rescue programs that treasury secon secretary mnuchit called to end. I think we also need to be talking this morning about Janet Yellens limitations. You know, shes been pretty insulated from the political realm in washington in 25 years of jobs that she spent a lot of it at the fed which is an independent agency, some of it at the council of economic advisors. Shes going to be in the political spotlight right now and i think thats going to be a real test of her skills, in particular her ability to work with progressives on the left who want more from her and conservatives on the right who want less. Dagen well, one thing ill note in the original article that was written about her, she did, jon, a lot of work and this is, again, using fiscal and by extension Monetary Policy, to kind of reshape or improve inequality, income inequality and racial inequality and she has done she has focused a great deal on that during her career, has she not . And again, whether thats wise or not, whether thats doable or not, just talk to that. Jon i mean, i think its a really important issue and one of the lessons we learned from President Trump and the policies he pushed is that when you drive unemployment down, you tend to help low income workers and blacks. We had black unemployment at the lowest levels weve seen in recorded time because we pushed unemployment so low. And so ironically, i mean, i think this is an area where President Trump and janet yellen are on the same page and where there might be more to learn from both of them. Dagen assuming that they agree on you how you achieve that. Steve, but there is this dangerously potentially this idea of like if trump did it, its bad. Weve got to get rid of it. What say you . Steve thats a great point. I think this pick kind of shows that hes not going to go that direction or hope that hes not going that direction. He didnt go out there and get senator warren who would have been more difficult for everyone to swallow in this role. He wanted a win. He got a win. He got someone that everyone generally knows, respects and should get passed very easily. The one that caught my eye though was the john kerry pick. That one, when were looking at stuff, were like where is new demand going to come from, where is this government going to push demand, where is the economy going towards . And by putting a high profile name in that newish type role, does that mean lets be honest, the guy isnt incredibly popular on the republican side of the aisle. Are they going to push strongly into the green space . Are they going to push this Climate Change, not just verbally but are they going to get the government behind a lot of these programs . If thats the case, frankly thats what were getting together today, my investment excite at this, thats what were going to talk about is this new demand and what businesses are going to benefit from that. I think its a big sign. Dagen jon, really quickly, youve got 15 seconds to answer this question. Would janet yellen support keeping corporate taxes where they are, rather than raising them even to 28 which is what joe biden ran on when he was running for president . . Jon great question. She doesnt have much of a record on tax poll civil i dont think she would be a big impediment to biden on trying to push that up. Its really the resistance in the senate with republicans thats going to stop that from happening. Dagen right. But how do you think off got the black Unemployment Rate down to the lowest since the early 70s and the 50year low on unemployment . A lot of that had to do with cutting corporate taxes. I would argue. But thats a debate for another day, another time. Jon, more from you, cant wait to talk to you about this. Coming up, blackrocks big buy, details on its new allcash deal. Plus, how you can earn a Million Dollars from snapchat. Its making a buzz this morning. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. har betsy twelquarter mile of tinsel. Lights. harold and real snow all the way from switzerland. betsy hmmhm. Gonna be tough to top. betsy well played. vo add some thrill to your wish list. At the season of audi sales event. Get exceptional offers now. Meet omnipod it delivers insulin through a tubeless pod. Just one small pod replaces up to 14 injections and today you can get started with a free 30day omnipod dash trial at omnipod. Com. No more daily injections. Its gamechanging get started with a free 30day omnipod dash trial today. Go to omnipod. Com for risk information, instructions for use and free trial terms and conditions. Consult your Healthcare Provider before starting on omnipod. Simplify diabetes. Simplify life. Omnipod. Simplify life. Before money, people tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. Thats why its time for Digital Currency and your investment in the grayscale funds. Go digital. Go grayscale. Dagen welcome back. Im Dagen Mcdowell, in for maria bartiromo. Its tuesday, november 24th. Lets take a look at where markets are at 6 33 eastern time. A 317 point gain on the dow futures right now, markets extending yesterdays rally, all three major market gauges finishing in the green yesterday. Dow adding more than 1 . Boosted by maybe the idea that janet yellen will be the treasury secretary, also some very positive news on the vaccine front. European markets look like this. Gains across the board to the plus side by 1 or more in england, france and germany. The same story overnight in asia. The only market there lower was the shanghai, down onethird of a percent. New york city mourning the loss of a political icon. Cheryl casone has the details. Cheryl. Cheryl that is right, dagen. Former mayor David Dinkins died in his Upper East Side home late last night. He was the first africanamerican to be elected as mayor of new york city. He beat ed koch in the democratic primary and a went on to beat republican Rudy Giuliani in 1989. He served one term in office. Rudy giuliani honoring him on twitter, saying he gave a great deal of service to this city. Dinkins was 93 years old. Well, a recall alert to tell you about this morning. Gm is recalling nearly 5. 9 million vehicles due to a takata air bag issue. Gm had asked the national Highway Traffic Safety Administration not to order a recall. Taktaa air bags are linked to at least 17 deaths in the United States. The stock is up about one and a quarter percent. Blackrock is set to buy apiria group, they help to build custom portfolios for wealthy people. The deal would add more personalization to blackrocks offerings and will boost separately managed account assets by roughly 30 . Blackrock says it plans to operate it as a separately branded within the advisory period. The japanese prosecutors were found to have violated the human rights of carlos ghosn. They say access to Legal Counsel was arbitrary. The report recommends japan pay rereparations to mr. Ghosn. The japanese government is calling the report, quote, totally unacceptable. Its beginning to look a lot like christmas in the nations capitol. The first lady welcoming the White House Christmas tree. The fraser fur arrives on fir arrives on a caring with two clydesdales. Today, President Trump will pardon one of two iowa turkeys, named corn and cob. They were seen strutting around a hotel in washington. You can vote on whether corn or cob will be named the official National Thanksgiving turkey on the white houses website, dagen. Those are your headlines. Dagen i always commit to Farm Sanctuarys pledge to make it a turkey free holiday. I havent eaten meat in a decade. Check you out Farm Sanctuary if you like animals. Cheryl i do. I do. Dagen the Biden Administration cabinet taking shape. Joe biden expected to name picks, some of the names include former deputy secretary Alejandro Mayorkas to head the department of Homeland Security, former deputy cia director avril haines for director of National Intelligence. One of the picks, Jake Sullivan for National Security advisor, attracting some backlash this morning after comments he made in 2017 advocating for china, encouraging, quote, chinas rise in a manner consistent with an open, fair, rulesbased regional order. Joining me now, fox news senior strategic analyst, general jack keane. What do you make of these picks, general . Always a pleasure to see you. And of all the again, the stance that weve taken and the toughness that weve taken on as a nation against china and all that it does to its own people and theft from us an the like, what happens in the next four years with some of these picks . Well, were not sure, to be honest. Because there hasnt been much discussion on Foreign Policy and National Security certain any the campaign. It was not a debate which normally this is the subject of. But i think given the history of the people that are being selected and president elect bidens own history, we can certainly get some inferences. China will absolutely be their number one challenge. It is the bilateral challenge for the United States of the 21st century. And the choices that theyll make are not going to be easy ones. As they have not been for our president who is serving right now. This is a complicated issue. Theyll have to decide what are they going to cooperate with on china, for example, the pandemic or Climate Change. What are we going to compete with on china . And certainly competing economically and competing with ai, artificial intelligence, 5 go. Quantum computing, all of the advanced technologies are going to be there. And this is where it gets tough, what are we going to confront china on . And are we going to confront them on their economic coercion, on military intimidation in the south china sea, on what theyre doing in terms of human rights. These are all choices and all the choices have consequences. This is a centrist selection, i believe, people who do have Foreign Policy and National Security experience. They will rely heavily on multilateralism and relationships with allies to achieve United States objectives and goals. But it remains to be seen what their tough choices theyll be making. Dagen john kerry has a history, certainly. Joe biden named him, hes former secretary of state, hes now the crclimate czar, the special climate envoy. He was one of the key architects of the Paris Climate Accord and the Iran Nuclear Deal which weakened the United States in myriad ways. General keane, the journal referred to him, the editorial page, climate czar is cat nip for china. He literally sent billions of dollars to a nation that wants still to wipe the United States and israel off the map. Yeah. I think thats an unfortunate pick given the track history here. Certainly what youre referring to there is the Iran Nuclear Deal which came about in 2015 and every major issue you that we put on the table that the iranians didnt like, they threatened to leave and guess what, we conceded every single time. Thats why we wound up with a new clear deal that gave the iranians a path hadwaway to a nr weapon, the absurd at this of all of that and nowhere at any time no inspections, a quite extraordinary deal and no restriction on the behavior in the region or construction of ballistic missiles. Yes, that was a lousy deal. The second thing people may not recognize, but when the russians were intervening in syria in 2014, secretary kerry told lavrov, who was his counter part, foreign minister, do not bomb any of the monarchs that we are assisting as our proxies on the ground or you will suffer the consequences. They were the first ones they bombed. Guess what we did . We did nothing. How hollow was that . The concern with kerry is the desire to make a deal at all costs and we wound up with a pretty lousy hand as a result of it. Dagen i want to turn to you amazing. I want to turn to china. What the Trump Administration is trying to do is set to put forth strict measures against china, to create a Global Alliance to push back whenever beijing uses trade to put pressure on other countries. Recently australian imports were boycotted by china. Will this make a difference . Well, it certainly would make a difference. I think its late in the Trump Administration to forge Something Like this together. What this is really about is chinas economic coercion and blackmail when a country does something thats normally geopolitically or critically opposing china and thats what happened with australia and what this would mean is that likeminded countries supporting australia would compensate for the boycotting of commodity items so that australia doesnt suffer an economic setback. Thats essentially what this is. But that would of take time to stitch that together and i think its something that likely will be passed to Incoming Administration assuming that we do have a change of administrations and theyll have to carry through on this. Dagen general, always a pleasure to see you. Thank you so much for taking the time this morning. Sure. Good talking to you, dagen. Dagen coming up, the state of the restaurant industry. Were going to speak with one Business Owner on the impact of shutdowns. Youre watching mornings with maria, live on fox business. Its time for the ultimate sleep number event on the sleep number 360 smart bed. You can adjust your comfort on both sides, your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Will it help me keep up with mom . You got this. So, you can really promise better sleep . Not promise, prove. And now, during the ultimate sleep number event, save 50 on the sleep number 360® limited Edition Smart bed. Only for a limited time. To learn more, go to sleepnumber. Com. Dagen restaurants in crisis, the industry could once again face shutdown as covid cases rise. Los angeles county ending Outdoor Dining beginning tomorrow. Other cities poised to follow. According to the National Restaurant association, 100,000 restaurants shuttered between march and september, 40 feel they could close by the end of the year. Joining me to discuss how he plans to survive this pandemic, the owner of bobby vans steak house. Ive had many beers there. Joseph smith. And food. Joseph, how are you holding up during this . And what are your biggest concerns now . The biggest concern, dagen, is we do not get any help from the government. There will be a lot of restaurants closing by the end of this year. I have a real estate broker, brad sithero that calls me twice a day with different locations that have closed and the landlords are looking to put someone in. But only a fool would go into the space today. The city is in a terrible situation, especially midtown. Midtown, the restaurants are getting killed. Ive said before, the Upper East Side, upper west side, the residential areas are doing well and su surviving. The midtown, im sitting across from barclays on 50th street, my 50th street location between sixth and seventh, and they have anywhere from seven to 10,000 people in the building. Theres not 100 people in it now. And those are the people that come and dine at my restaurants. And its the same all over the city in the four locations. If we dont get help from the government, which is supposed to be 120 billion sitting out there, which was passed and nancy pelosi is holding it up once again. Dagen youre talking about its unused paycheck protection money that needs to be reallocated by congress is what youre talking about. I know Jon Hilsenrath from the journal has a question. Go ahead, jon. Jon this is kind of silly and its kind of designed to get at dagen but im just wondering if you ever tried any of these fake Meat Products and what you thought of them . Fake meat . I have not. But i have considered it. I have thought about it. But its not really who i am. Im supposed to be the top steak house in new york city and washington, philadelphia. And its not really the answer would be no. [laughter] dagen joseph, what about the management of the rules and regulations that have been laid on you by the governor, by the mayor, local authorities . Do they know what theyre doing . And are you concerned . Because again, you are allowed right now 25 indoor capacity. Does it look like that will be rescinded and you have to like you could serve meals outside but not inside . Are you worried about that happening . Dagen, i start worrying about three months ago because ive said it on your show, this city and state is being run by two clowns. They couldnt run a newspaper stand on the corner. It is ridiculous what they come up with. Last night im watching tv. Because i only watch fox. And on it there was a commercial from new york, saying do not go indoors. They give us 25 but they took away the bar. You cant come in and have that beer that youve had in the past at the bar. Theres no bar. People like to socialize after work and they like to hang at the bar. They dont want to sit at a table. Theyve been sitting at their desk all day. They took away the bar and a as far as outside dining goes in midtown, theres not too much of it and people that we cater to are trying to make deals or theyre discussing deals and if theyre going to have a meal, they want to have it indoors. If you have them saying its not safe to go indoors, which i heard last night on the tv, theyre not going to come in. Its extremely difficult times and not everywhere can you do outside dining. Dagen well, joseph, im coming over after im done with work, might be early but im going to have a beer. Ill buy some fries to go because thats the law and i tip like crazy. So i will see your folks shortly. Well, maybe not shortly but later this afternoon. Joseph smith, bobby vans, thank you so much. Coming up, who is the next jeopardy host . A fan favorite is replacing alex trebek. Stay with us. Its in the buzz. Wild thing i. Think i. You know what i think . I think you owe us 48. 50. Wild thing. If you ride, you get it. Geico motorcycle. Fifteen minutes could save you fifteen percent or more. If you ride, you get it. Geico m rcycle. Since pioneering the suv in 1935, the chevy suburban has carried many things. Nothing more important than family. 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So, you can really promise better sleep . Not promise, prove. And now, during the ultimate sleep number event, save 50 on the sleep number 360® limited Edition Smart bed. Only for a limited time. To learn more, go to sleepnumber. Com. Dagen time for the morning buzz, first up, the future of jeopardy, the longtime game show ready to start filming again after the loss of host alex h trebek. Ken jennings will be the first interim host, filming episodes set to air in january. What do you make of ken hosting the show, at least temporarily . Jon i dont know about ken hosting the he show but i think you need to be on that show, dagen because you always seem to have your hands on information that are far beyond my ability to recall. So im going to volunteer you to be one of the next guests. Dagen i really appreciate that because i think most people in my life find that really annoying. Ive been like that since i was a little kid. Jon ive got to say, sometimes it is annoying because im trying to Say Something and youre like no, youre wrong, its this. Thats why i think you belong on dagen im full of useless facts. I used to read theen ey the enca when i was a little kid. The Queens Gambit has become netflixs most watched scripted series to date. Its breaking the streaming box office. It set the sale of chess boards through the roof. Ebay is reporting a 215 spike in sales of chess boards since the show debuted. I havent watched it but i know what its about. Steve are there publicly traded companies that a sell chess boards . Its one of those things if you can get ahead of the curve and find opportunities from showings that are coming out and doing well, thats great. Im sure it will help a lot of Small Businesses. How much is a 200 surge in chess boards. How many chess boards were sold before that. As far as jeopardy, i am not going on jee jeopardy. Youll beat me every time. Jon steve, what do you watch . Youre not watching Queens Gambit, what are you watching . . Steve i went through i burned through a lot of series lately. What was the last one. Now you got me on the spot. I forgot the name of it. Dagen im watching the undoing, Great British bakeoff and i watched a series on robert chambers, the murderer, that was great too. Still ahead, vaccine progress and politics. The one, two punch. And word on wall street. Stay with us. Discovering whats next. And still going for my best. Even though i live with a higher risk of stroke due to afib. Not caused by a heart valve problem. So if theres a better treatment than warfarin, im reaching for that. Eliquis. Eliquis is proven to reduce stroke risk better than warfarin. Plus has significantly less major bleeding than warfarin. Eliquis is fdaapproved and has both. Whats next . Im on board. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Ask your doctor about eliquis. And if your ability to afford. Your medication has changed, we want to help. Dagen good morning. Im Dagen Mcdowell, in for maria bartiromo. Its tuesday, november 24th. Your top stories at 7 00 a. M. Eastern. A transition into a Biden Administration can formally begin. President trump says his fight for a free and Fair Election is not over yet. Meantime, joe biden makes his picks. We look at who is filling of out his cabinet, including former Federal Reserve chief janet yellen as pick for secretary of the treasury. Were following this all morning long. Coming up, pennsylvania congressman guy reschenthaler and Fox News Contributor, karl rove. Futures are heading to the plus side. The dow, nasdaq and s p all to the plus side yesterday as well, 327 point gain on the dow futures. Were almost close to that in futures trading this morning. The markets boosted by positive vaccine news. Retail on tap, Burlington Stores reporting a double beat. Were standing by for best buy and dicks among some of the big names reporting this morning. Keeping an eye on the Holiday Shopping season, largely shifting online. How you can protect yourself against cyber criminals looking to hack your holidays. And pays to wait, new yorkers are shelling out big bucks to people who hold their spots in line for what. Making a buzz this morning of. Mornings with maria live right now. European markets to the plus side as well. Gains in england, france and germany, all of those markets up about 1 this tuesday. In asia overnight, markets mostly higher as well. The kospi in south korea and markets in hong kong and japan all gaining. President trump telling the General Services administration to begin the transition process and his legal team vows to carry on with election lawsuits. Cheryl casone has everything you need to know. Cheryl good morning. President trump giving the green light to a formal transition process but maintains hes not conceding. He tweeted this. Our case strongly continues. We will keep up the good fight and i believe we will prevail. Nevertheless, in the best interest of our of country, i am operecommending that emily and r team does what needs to be done with regard to initial protocols. The gsa announcement came hours after michigan voted to certify Election Results for joe biden. But the president s legal fight continues. The Third Circuit court agreed to review a lower courts decision to throw out a lawsuit asking to delay pennsylvanias certification. Joe biden is set to formally introduce key Foreign Policy and National Security cabinet members and appointees this afternoon from delaware. Yesterday biden called his choices unmatched and the best america has to offer. They include Alejandro Mayorkas as the head of Homeland Security, avril haines as director of National Intelligence and john kerry will be appointed climate czar. For earl feformer fed chair jans expect offeed to become treasury secretary. Dianne feinstein will step down as the top democrat on the Senate Judiciary committee, after heavy criticism over Amy Coney Barretts confirmation hearing last month. Dick durbin has expressed interest in replacing her. Well, now to the lat latest on e coronavirus. Dr. Anthony fauci says deaths from covid19 could top 300,000 by the end of the year if the trajectory does not change. Hes urging americans to wear masks and social distance. Right now, reported deaths from the virus are over 250 of thousand in the u. S. And the rise in cases may do more damage to the economy. Moodys predicting at least 1. 3 million americans could lose their jobs in the next few months as many states reimpose lockdowns. And the Transportation Security Administration recording its busiest weekend since march. More than 3 million travelers took to the skies ahead of the thanksgiving holiday despite a strong warning from the cdc not to travel. Dagen, those are all of your headlines. Back over to you. Dagen and ill just point out that Dianne Feinstein got criticism from the far left because she was actually civil to Lindsey Graham and didnt drag Amy Coney Barrett through the mud like people on the left wanted to happen. Im just leaving it with that. Thank you, cheryl. Time for the word on wall street, top i objec investors wg your money this week. Joining me now dennis gartman, steve dudash and Constellation Research founder ray wang. Dennis, great to see you. Lets start with you. Lets talk about stocks. Blackrock upgrading u. S. Equities to overweight, bullish on large cap tech stocks. Theyre bearish on european equities, citing exposure to financials. Your take, how are you positioned in your portfolio . Tell me about these markets. Still a bull market, isnt it dagen, its going to continue to be a bull market as long as monetary authorities remain as expansionary as they have been and continue to be. The most important aspect of what we have going on, weve seen a change away from tech stocks. I tend to disagree a little bit with your comment earlier on that its going to be a tech stock rally. I think its going to be a rally predicated upon value stocks, steel, rubber, railroads, shippers, that sort of thing. Copper miners. I think the things that, as ive said many times on the show before, i want to own the things that i understand that if i drop them on my foot will hurt. Simple things incumbent in economic growth, i think were going to see that. I think that the strength this morning is preed calletted upon the fact predicated upon the fact that the president is acting like an adult and giving the gsa the ability to work with the team of bidens work coming into the next presidency. I think we have a lot of things working here. The monetary authorities remain expansionary. The yield curve will remain wide and widening. Ill take issue with the fact that the group youre talking about says its going to be a techled rally. I think it will be a simple value numbers led rally instead. But its a bull market. Dagen i mean this as a compliment. The dirty fingernail stocks, Charles Payne always refers to them. But its the knity gritty of our economy, right, den it in . Yes, exactly. Thats exactly right. The things that if you dropped them on your foot will hurt. Dagen that happens often. Thanks, dennis. Ray, lets turn to the political landscape. Joe biden expected to name former Federal Reserve chair janet yellen as treasury secretary. If confirmed she would be the first woman to hold that position. How is this going to impact not just fiscal policy, but maybe even Monetary Policy . What say you . I think its important to have a great relationship with jerome powell, she has that Going Forward. I think the markets are relieved that we didnt go very, very far to the Elizabeth Warren side of the camp. But i think its really having a comment on fiscal policy. I think well have more on that well see social issues being addressed as well through the treasury department, something that mnuchin has done in the past. I think these factors are going to play into the market and well also have to see what happens with climate accord and climate carbon taxes because i think she is pro ghg on the carbon tax issue which might add a level of Regulatory Burden onto businesses. Dagen ill push back on that. Steve mnuchin as treasury secretary in the Trump Administration did address racial inequality, just simply by putting in place a broad deregulation and lower taxes backdrop, environment, and that lifted wages for people who dont have even college educations. It lifted wages, lowered unemployment for black americans, latino americans. So again, its not the goal. It was the policy of how you get that. Do you worry though that these that taxes get raised under a Biden Administration . He ran on it. I am worried about taxes being raised. I think the opportunity zones definitely did provide that framework to allow for creation of new yo jobs. The regulatory framing, a lot of the cuts which havent been told, those cuts have actually helped Small Businesses across the board and create those opportunities for jobs. The question is what do we do Going Forward post covid and i think thats what markets are looking for to see what happens but in general overall markets have breathed a sigh of relief over whats going on, having someone they know and someone that worked with both the fed as fed and the council of economic advisors. Dagen retail earnings in focus, Burlington Stores and best buy issuing Quarterly Results this morning. Aba controabercrombie and fitchs Sporting Goods reporting later this hour as retailers are seeing a nice pop on the vaccine news, you see retail giants there. Steve, your take on retail here . Do you buy going into the Holiday Season . Retails tough, especially the burlingtons of the world many i know they made a little wibit of a pop today. The reality is, theyre not making any money. Covid, though the vaccine is out which is great, theyre not going to rebound any time soon. Its not like production will go back to what it was. Best buy and dicks, they weathered the storm better than most. Very little reason to believe that wont continue because they can handle outdoor sporting, can handle the entertainment part now that people arent going to movie theaters or going on trips. Those should benefit more. Like dennis is saying, im completely on board with this. I love tech longterm. It got ahead of itself. The zoom, the prices youre seeing are way too high. I love the drop something on your foot like you were saying, like the value side. Im going to use that later. But the value side of things right now i think is definitely more the play where you can find more opportunities. Retail, ive just been against it for a while. I dont see any reason to change my mind. Dagen you said the vaccines out and its not. The pfizer i mean, the news might be out. Thats what i mean. Dagen when people start getting vaccinated, does that make a difference . So is that all factored into these stocks is the question. Thats what i mean by that. I mean, now that were seeing the light at the end of the tunnel. Youre right, its not going to be out tomorrow. Were not all getting vaccinated tomorrow. Six months from now, nine months from now, the majority of us will have the opportunity to get those vaccines and so we should start looking for where that is in the future. Lets not worry about what happened in the past. When were investing its whats the next demand going to come from, where will we see the next opportunities. And so saying that were all going to continue to do zooms to the same degree weve been doing the last six months i dont think is realistic. A year from now, people will be burnt out on that, well see spending on travel and entertainment. Those are the opportunities that are out there versus the tech world which made a killing which was great. Dagen before we go, ill say the markets saw the good news on the horizon month after month after month. I understand the monetary stimulus and the fiscal stimulus but i think investors really saw the fact that these vaccines would be coming out at a record pace and a thats pretty incredible. Like we had not been glass half empty so much and more glass full. And theres more coming. Dagen dennis, great to see you as always, and ray wang. Steve, you stay right there. Youre with us all morning long, in addition to Jon Hilsenrath. Coming up, the push for more coronavirus stimulus, pennsylvania congressman guy reschenthaler weighs in. And the road to vaccine approval and distribution, dr. Nicole saphier here with what you and your family need to know. And next hour, form earn Senior Advisor to george w. Bush, karl rove weighs in on the transition process as joe biden assembles his cabinet. Here with me, steve and jon, all morning long. Youre watching mornings with maria live on fox business. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 is 300 for 339 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. Dagen the Biden Administrations cabinet taking shape, joe biden expected to name his picks for top National Security and Foreign Policy row roles in his upcoming cabinet. The pick for National Security advisor Jake Sullivan attracting backlash after comments he made in 2017 advocating for china. He encouraged, quote, chinas rise in a manner consistent with an open, fair, rulesbased regional order. Joining me now, pennsylvania congressman, House Foreign Affairs judiciary and Armed Services Committee Member guy reschenthaler. Good to see you this morning. What say you about that pick in particular by joe biden . Dagen, good morning. Thanks for having me on. As always, please just call my guy. As far as these picks go, and im treating this as a hypothetical because i want to encourage the president and administration to continue to exhaust their Legal Options in court but as far as these picks go it seems clear that the big winners from this is going to be china, iran, and north korea. And iran as well. Its because of this. Its because if you look at sullivan, if you look at kerry, they in the past have really put america second and put the interest of china and iran in particular ahead. Additionally with sullivan we have to remember that he was one of the ones that was pushing the russian hoax, the Conspiracy Theory that there was collusion between russia and the incoming Trump Administration. He was one of the ones that was gumming up the works with the transition of power between the Obama Administration and the Trump Administration. So this is just going to be obamas really third term in terms of Foreign Policy and remember, their Foreign Policy was a disaster. We had the Iranian Nuclear deal which funded iran, which allowed them to fund terrorist organizations all over the region. You had the failures in syria as well. You had the rise of isis. But the big difference this time, dagen, is theres a new rising super power in china. Its very clear from the comments sullivan has made, the comments that biden has made in the past, ther they will likely ignore the rising threat of china as well. So its a much more dangerous playground than it was under obama. This will be disastrous. Dagen Jon Hilsenrath, do you want to jump in here . Jon yeah. You know, actually dagen, move on. Im actually im not ready for that one. Dagen im going to turn to this. Lets talk money, stimulus stalemate. Congress remains divided in agreeing to coronavirus aid. We had the owner of bobby vans restaurants on last hour. Hes like i wont survive if we dont get more paycheck protection money. A group of more than 125 of the nations Top Economists speaking out, urging the government to pass the stimulus package, they say it would assist in keeping millions of people out of poverty. Just looking at the money, the unspent money that just simply needs to be reallocated, i think its about 135 billion left over from the paycheck protection program. Whats the holdup, congressman, guy, in reallocating that money . Dagen the holdup is really nancy pelosi and the far left democrats. All summer and in the fall you had them holding up another relief package because they had an outlandish wish list of stimulus checks going to illegal immigrants, tax cuts for billionaires and millionaires in blue states and of course they wanted to bail out the mismanaged budgets of blue states which have been mismanaged for decades. So it was these radical policies that kept republicans from joining with the democrats. But i would encourage nancy pelosi to have a skinny package, one that gets real help to real people that need it, more money in ppp, more idle loans and grants, for example, more direct stimulus payments to american citizens. We can find a middle ground. Unfortunately, pelosi and the far left democrats will not budge from this far left democrat wish list that you saw in the socalled heroes act. Dagen i thought new york was a mess in terms of the leadership here. But what the heck is going on in pennsylvania that alcohol sales on the night before thanksgiving have been banned from 5 00 p. M. Until 8 00 a. M. On thanksgiving morning in restaurants and bars . Whats the science in that . Right. There is no science here, dagen. We have governor wolf, probably the most liberal governor in the United States second only to gavin newsom calling the shots. There is very little rational basis with these orders. And its almost as if theyre being punitive on Small Businesses and remember that these actions are crushing the revenue thats coming in to pennsylvania and theyre going to turn around to the federal government, asking for a bailout. Its a mess. Dagen im with you. Congressman guy reschenthaler, good to see you. Thank yothank you for being her. Governor cuomo pumping brakes on his thanksgiving plans, he called the police some Police Officers dictators. He was going to cuomo was going to celebrate with his elderly mother, plans changed. The swift backlash. Plus, how you can earn a Million Dollars from just one snapchat video, its making a buzz this morning. Stay with us. And i tried. I cant get no. I cant get no. When im driving in my car. When a man comes on the radio wanna lose weight and be healthier . Its time for aerotrainer. A more effective total body fitness solution. announcer aerotrainers ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. It allows for over 20 exercises. Do the aerotrainer super crunch, push ups, aero squat. It inflates in 30 seconds. Aerotrainer is tested to support over 500 pounds. Lose weight, look great, and be healthy. Go to aerotrainer. Com. Thats aero trainer. Com. Dagen a heap of thanksgiving hypocrisy. Thats a new wall street journal oped. He writing about state and local leaders violating coronavirus restrictions ahead of thanksgiving, and the problems of so such rigid restrictions. New york governor, andy cuomo, canceling thanksgiving plans amid public backlash. He previously said he would host his elderly mother and two children for turkey day, despite telling new yorkers to stay at home to curb the spread of covid19. Jon, your reaction to this . Jon yeah, and we also have Governor Newsom who is out wining and dining while hes shutting down california restaurants. So you know, the one thing ill say about hypocrisy is that conservatives love to call out liberal hypocrisy and liberals love to call out conservative hypocrisy. And the fact theyre calling out the other guys hypocrisy and not their own is hypocrisy in itself. The capitol is behind me. I could spend all day calling it out from one side or the other. Dagen the only problem, the anger, steve, about the hypocrisy grows out of sang arrt leaders, i dont care what party they belong to, who cant own their mistakes. Andy cuomos order about sending he covid positive patients into nursing homes, it killed thousands of our elderly and he blamed everybody from Mother Nature to fox news for that and not taken responsibility. Instead, he wrote a book about leadership and won an emmy. And we still dont know the total death toll and there hasnt been an independent analysis of what happened. So again, its the hypocrisy of oh, these orders, their edicts and theyre not sciencebased. Theyre draconian in terms of how many people you can have in a house. Is that 500 square foot apartment or 5,000 square foot mansion . Thats why people are angry. Its because there have been real world consequences and even deaths because of decisions made by the likes of andy cuomo and then they have the adas a audaco lecture us about what is right and good for us while they defy their own orders. How do you get to those exact points. Theres a difference between 5,000 and 50,000 square foot place. These restaurants that are getting shut down, they spent so much money trying to get prepared for the winter, especially in the colder climates like new york and chicago. They spent so much money preparing for the winter and doing outdoor spaces, doing the cost involved in making it safe for everyone and then to get shut down right at the end point its so hard. I mean, i know in chicago they shut down the restaurants about a week ago. A lot of restaurants are ignoring it. Theyre saying no. Because they know that theyre going to go out of business if they have to ride this entire winter out without anyone being able to come inside. So let people make their own choices. If they want to go to a restaurant, this isnt like it was in march and april when there was a lot of unknowns. We know where were at. We know the general rules of the game that were in. Let people make their own choices. If they want to be in la and go to a restaurant outside, fine, thats their choice, let them do it. Dagen we can talk about this later but like the fact that so many people were flying over the weekend, the American People being able to operate and travel and move about and basically go about their day and be safe, theres a path out of this economic ma a lace. You want to malaise. You want to encourage people to go out because, again, that kind of optimism, it pretends historesis. Well faulwell talk about that. I promise well discuss it. Theres so much i want to say but ill keep my mouth shut. Dagen coming up, three vaccines a few steps from approval. Hear from a medical expert on the differences and if one is better than the other. Plus, elon musks personal wealth flying higher than a spacex rocket. Thats next. Stay with us. You know i read it in a magazine. Oh, benny and the jets. When a hailstorm hit, he needed his insurance to get it done right, right away. Usaa. What youre made of, were made for. Usaa dagen welcome back. Im Dagen Mcdowell, in for maria bartiromo. It is tuesday, november 24th. A look at your markets at 7 32 eastern time. Futures are now extending yesterdays rally, a 268 point gain on the dow futures at the moment. All three major market gauges finishing in the green yesterday. Boosted by positive news on the vaccine front. European markets are to the plus side as well. We have gains of close to 1 . A little bit off their highs of the session so far. And in asia overnight markets there mostly higher as well, the only loser the shanghai, down onethird of a percent. Banding together to push back on big tech, Cheryl Casone has the details on googles new trouble. Cheryl. Cheryl thats right, dagen. Seven states are gearing up to file an antitrust lawsuit against google for its domination of the Search Industry and online advertising. Last month the department of justice launched a similar lawsuit. Google says the Company Faces plenty of competition despite 80 of users choosing to use its product. Well, netflix plans to expand its production hub in new mexico, investing 1 billion in abq studios in albuquerque which it acquired in 2018. This expansion will create an additional 1,000 jobs in the state. Netflix plans to film Stranger Things season four on the lot along with an original movie. Netflix is flat in the premarket right now. A hot new deal to tell you about this morning, mccormick is set to buy a hot sauce maker, finalized the deal with the private equity firm that owns chalula in a deal worth 800 million. Mccormick already owns franks red hot. Elon musk has a new title, worlds second richest man. He has passed microsoft founder bill gates in net worth. Now standing at 127. 9 billion. About three quarters of that is tesla shares, we should mention. The surge in wealth comes as tesla is set to exceed 500 billion in market cap, if the premarket numbers stay in the green for the stock. A lot can happen before the close. Look at this, the stock is up more than four and a quarter percent. Those are your headlines. Dagen thats a lot of cabbage. Thank you so much, cheryl. Race for Covid Vaccine underway, astrazeneca reporting its vaccine was found to be up to 90 effective in preventing infections without serious side effects in the late stage Clinical Trial overseas. Pfizer submitting for emergency use authorization to the fda last friday. And moderna reporting almost 95 efficacy and is expected to file for that use authorization by the end of this month. Joining us now, fox news medical analyst, dr. Nicole saphier. Tell us about these vaccine frontrunners and why isnt the fda meeting now on that Pfizer Vaccine . Why are they waiting until december 10th . Good morning, dagen. Yeah, the Pfizer Vaccine if you recall, the eua was submitted last week. Theyre not scheduled for a data review until december 10th. Theres a lot of data to be collected and pfizer has to put together safety data to ensure that not only was the vaccine safe in the people they gave it to but theyll be able to safely mass manufacture it. Its a lot of collecting paperwork, a lot of that red tape and moderna is also expected to submit for their eua very soon with their data review ten activity scheduled for ten tiltentatively scheduled for december 18th. Within 24 hours of approval theyre ready to ship out tens of millions of doses because theyve been manufactured and theyre ready to be distributed right away with tens, possibly 2 20 million americans being vaccinated by the end of 2020. Dagen with the astrazeneca vaccine, whats the timeline on that. We talked to somebody yesterday from astrazeneca. The phase three trial is ongoing in the United States, the data they were referencing was collected in studies that were done overseas and so it looks like that its not theyre not quite on the same timeline as moderna. Absolutely. I mean, its going to be 2021 before we start seeing submission for approval through the fda for astrazeneca. I still have a lot of questions regarding the astrazeneca vaccine. Theres questions regarding why the half dose, full dose provided a larger efficacy than the full dose, full dose. By the way, that happened on accident. They didnt actually mean to do that. And the 90 efficacy theyre quoting was actually only in 2,000 participants whereas the moderna and pfizer were seeing about 40,000 participants. We need to get more data from astrazeneca before we start reviewing that and looking at that towards the future. And as you mentioned, the u. S. Trial for astrazeneca was put on hold for about six weeks and we would look to have more information from that. Everything that was put out from astrazeneca was via a press release yesterday. Id like to see more expert review of their data before we Start Talking about that but the good thing about astrazeneca, it also exceeds expectations in terms of efficacy and safety as well and it is easily stored and is significantly less costly than pfizer and moderna vaccines, therefore is able to be distributed to a lot more low Income Countries and stored at much easier temperatures. Dagen as the cases spike of covid and hospitalizations rise in nearly every state, the chief of operation warp speed said that were just weeks away from the first immunizations, vaccines will be available to Communities Just as you were pointing out just 24 hours after authorization. What do you make of that . And i just want to point out, because theres so much focus on case the overall case levels and you see all of the americans out traveling, the busiest weekend for air travel since early march. And i think that americans i believe that folks are smart and they actually do Pay Attention to whats going on and the fact that hospitals have improved treatments, that death rates have plunged since earlier this year, the recovery times are shorter, the hospital the time of a hospital stay has been shortened. If you look even at hospital by hospital data. So i think that americans understand the risk and theyre making that judgment about safety versus reward. What say you about that . Well, you know, i think its a double edged sword. I think its wonderful on one hand that this is the busiest travel weve seen since the pandemic. Its good for the economy and Peoples Mental Health and wellness. We have a drastic rise in cases. Hospitalizations are up. As you mentioned, we have 83,000 americans hospitalized right now with covid19. In the spring we had about 58,000 hospitalized. But we had 58,000 hospitalized in regions in the nor east, and the northwest. Now we have 85,000 americans hospitalized across the entire country so it is more spread out. And as weve been talking about vaccines, we cant forget under euas we have two mono slow naiclonalantibodies that have bn approved that are keeping people out of the hospitals. You still see in areas, specifically the midwest, there are some Healthcare Systems being overrun so its going to be a fine balance. I want people to be happy and healthy. I want people to be able to get together safely on thanksgiving. However, if we dont make smart moves for thanksgiving, were going to have a really tough Christmas Holiday because as you see, restrictions are already happening and more are going to come if we dont get some of the spread under control. Yes, were going to have maybe 20 million americans receive the vaccine by the end of december but that doesnt mean that theyre immune until midjanuary, end of january, and still the phase one goal for vaccination really only vaccinates about 15 million 15 of americans and if you add that with the data for the people who have maybe already gotten infected and are immune, were well below the herd immunity threshold. It will take a few more months for us to get the vaccines, get them to the general public. From now until spring, early summer, well have to continue safe measures and doing what we can to lessen the spread, to make sure the Healthcare Systems are able to function and that we save lives. Dagen dr. Nicole saphier, thank you so much. Before we go to the tease, i want to ask Jon Hilsenrath about something really quickly. So i brought up the issue of his hysteresis. The danger were seeing is slow growth b begets slow growth and conservative behavior begets conservative behavior. You want people to be willing to go out and travel and spend and resume a normal life because ultimately that lifts us out of this malaise. What say you, jon . Jon its not just the slow growth. Its also the damage thats already been done of to the economy by the shutdowns and the recession and everything that happened. Its when that damage kind of sets in and becomes permanent, the example i use is of the heart attack. I talked about this for my father taught me. You have a patient that has a heart attack. First you get the heart going. Then you check to see if the muscle was damaged. Were seeing signs of muscle damage in the economy, Small Businesses shutting down for good, they cant operate anymore. That i think is something that joe biden, if hes eventually sworn in as it looks to be the case, hes going to be struggling with for a while. There is some hi hysteresis that theyll have to fight through. Dagen i always hesitate. I assume americans will make safe decisions. And they will most of them. And so if they want to go travel, if theyre careful, theyre not in a high risk group, theyve been tested, have at it. Coming up, crypto craze, bitcoin nearing a record rise. Whats driving growth. Plus, how you can earn a Million Dollars just by one snapchat video. Its making buzz this morning. Mornings with maria live on fox business. Dagen bitcoin boom, the cryptocurrency cracking 19,000 for the First Time Since 2017, as the currency surges, more than 50 in just the last month. Its even attracted wall street billionaires. Joining me now to discuss the recent rise, Bitcoin Foundation chairman, philanthropist, former actor, president ial candidate, brock pierce. Good to see you. Whats driving the rise now . Well, theres a number of things contributing to it. One is just general uncertainty around the Global Financial system. 26 of all u. S. Dollars ever created were created this year. This is a frightening number. Its sending people to alternatives, driving the stock market to alltime highs. Its why youre seeing commodities like gold performing so well. People are looking for alternatives, towards value and clearly bitcoin is the winner amongst them. Dagen steve dudash jump in here. Steve in 2017 when they had their last spike i was very much against bitcoin because i dont think there was very much substance at that time behind it. Now i think the big difference were seeing, maybe 50 in the last 30 days is a little extreme, were seeing the cme group, fidelity, pay pal, venmo, youre getting Real Companies getting involved because i think theyre finding ways of the making money on using it as a way of transacting business and once you start getting that substance behind it, now you can start justifying some of these values. Again, i think its a little high right now but the Business Model is different than what it was, say, four, six years ago when it was just hype, it was hype, hype, hype, hype, hype. Big question i have for your guest is who do you think is going to use this moving forward . Not the individual consumers but what big businesses are you seeing on your side, because youve got more information than we do, that are going to get involved in your product, and with bitcoin . Yeah, as you mentioned, a majority of the worlds major Financial Institutions are now running pilots or are using the technology for the currency in some way. Its not just Financial Institutions. Youre also seeing a majority of the worlds major governments testing this technology. Youre even seeing some Central Banks start to acquire bitcoin as a hedge, being held by the nations balance sheets. So the world is definitely changed. It is being validated by the worlds most important institutions, which means its here to stay. Another thing were seeing is lending. Youre seeing a bunch of fixed income investors, people that are buying bonds that are choosing to buy bonds in this sector because theyre seeing higher Interest Rates than theyre seeing in the traditional lending markets. So you have a lot of people playing around in this sector that really have no interest in bitcoin because the yields or the returns on u. S. Dollar loans are higher than just about anywhere else. Dagen brock, good to see you. Please come back soon. Brock pierce. Coming up, pay to wait. New yorkers are shelling out big bucks to folks who hold spots for them in line. For what . Its making a buzz this morning. Talk to me. So you can see. Whats going on. Whats going on. Whats going on. Whats going on. Whats going on. This week on mornings with maria, tomorrow, the president ial election battle still playing out in the courts. Chris bedford is here. And friday, on a black friday like no other, join our experts for the word on wall street and put your money to work for you. Thats all right here on mornings with maria. No one likes to choose between safe or sporty. Modern or reliable. We want both we want a hybrid. So do banks. Thats why theyre going hybrid with ibm. A hybrid cloud approach helps them personalize experiences with watson ai while helping keep data secure. From banking to manufacturing, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. May your holidays glow bright and all your dreams take flight. Visit your local mercedesbenz dealer today for exceptional lease and financing offers at the mercedesbenz winter event. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Its timnew sleep numberte sleep360 smart bed. On the what if i sleep hot . Or cold . No problem, with temperature balancing, you can sleep better together. Can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise, prove. And now, during the ultimate sleep number event, save 800 on new sleep number 360® smart beds. Only for a limited time. To learn more, go to sleepnumber. Com. Dagen time for the morning buzz. First up, time is money. People are flooding Covid Testing Centers ahead of the holiday, ahead of thanksgiving. Here in new york, some people are paying folks up to 80 an hour to wait online for them. Theyre finding line waiting services on places like task rabbit. Jon, what do you say . Jon i love this story. This is free markets and individual choice at work. And you know, it reminds me for my college days, im one of those obnoxious duke guys that i know you wake forest ladies hated. When i was an upper classman we had the younger kids wait in line for us to get into basketball games. The privilege they got, they got to come to our keg parties afterwards. This was the free market at work. And then the administrative people at duke cracked down on it, the authoritarians and they ruined all of our fun. Dagen you were saying that people at wake hate people at duke. I wasnt on camera but i was going uh huh, pretty much. [laughter] jon i know. Dagen thats an accurate statement. Jon i have to live with it. Dagen i cant believe all you got in return for waiting in line for a basketball game was getting to go to a keggers. Oh, gosh. Next up, social media stars making a profit. Snapchat is offering creators 1 million if their video becomes the most watched one of the day. This is all part of its new feature, which mimics tiktoks layout and provides users with a vertical feed algorithmically chosen videos. Steve, what do you say . Steve i think that we should have had more people waiting in line for keggers at my school. That i could have paid to do. It was great. Snapchat is working wonders. Theyre doing exactly what you should do. You find something that works for another business and you copy it and you cheat. Theyve got 250 million users. Run with it. You know. Open up that platform. Tiktoks got 800 million or 850 of million. I wonder how many of those will swing over. It is used by everyone right now. So and theyre offering a Million Dollars. Im sure theres funny math had that goes into that number but theyre doing a Million Dollars to new users to try it out and get a ground swell from it. Its going to work. Dagen i admire hilsenrath for many reasons and one of the greatest reasons is hes not on social media at all. Still ahead, zeroing in on the transition, karl rove straight ahead. Plus, pete hegseseth. Stay with us. In your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. Dagen good morning, everyone i am Dagen Mcdowell in for maria bartiromo. Tuesday, november 24, top stories 8 00 a. M. Eastern. A transition into a Biden Administration, formerly begins President Trump says however his fight for free and Fair Election is not over. Meantime joe biden makes his picks, we will look at who will fill out a Biden Cabinet including former Federal Reserve chief janet yellen as treasury secretary, john kerry back climate czar, we are following all morning along this hour from Fox News Contributor karl rove his take plus what is happening in Georgia Senate runoff futures extending yesterdays rally 305point gain dow futures gains across the board same story yesterday all three major market gauges to the plus side big time for the dow industrials. Boosted by positive news from vaccine front. Retail on tap big names best buy burr lington Dicks Sporting Goods betterthanexpected results see how stocks play out here gains for dicks and Abercrombie Fitch up 8 in premarket trading, all this as we keep an eye on Holiday Shopping, largely shifting online how you can protect yourself begins cybercriminals one me one patron gives a generous tip to restaurant in need wait until you hear more about this one it will warm your heart, mornings with maria, live right now. Dagen european markets plus side gains 1 or more inening france, germany asia overnight same story except slight loss in shanning shy President Trump telling gen Service Administration begin transition process legal team vows to care on with election losses Cheryl Casone has more. Cheryl dagen good morning again to you, President Trump, giving the green light to former transition process maintains he is not conceding tweeted, case continues will keep up good fight i believe we will prevail nevertheless best interests of country religion emily and team do what needs nooeb done with roar to initial protocols i have told my team do the same g;a announcement after michigan voted to certify Election Results for joe biden, the president legal fight continues. The president hinting to a big new lawsuit coming soon, this all of this as Third Circuit court agreed to review a legislator Court Decision to throw out a lawsuit asking to delay pennsylvania certification, joe biden to formally introduce key Foreign Policy National Security cabinet members this afternoon from delaware yesterday biden called choices, the best america has to offer, they include Alejandro Mayorkas head of Homeland Security avril haines director National Intelligence kerry climate czar janet yellen coupled. Become treasury secretary first woman to hold that job. California senator Dianne Feinstein will step down faced heavy criticism over he handling of Amy Coney Barretts confirmation hearing last month senator dick durbin expressed interest in replacing her latest on coronavirus dr. Fauci says deaths from covid19 could top 2 00,000 by the end of the year if trajectory does not change urging masks, social distancing reported deaths over 250,000 in u. S. Rising cases may do more damage to the economy moodys predicting at least 1. 3 million americans con lose jobs, in next few months, as many face lockdowns. Tsa recording busiest weekend since march more than 3 million took to skies ahead of the thanksgiving holiday despite strong warning from cdc not to travel those are some of youre headlines. Dagen the airlinesr pretty safe right cheryl i dont neen to digress ive got, two different studies done one by Airline Industry talking about the safety. About the transition on planes. Cheryl one from harvard both studies found chance getting covid on plane this with planes clean as they a are. 003 . Talk about facts. Dropping knowledge many, Cheryl Casone. Cheryl trying to keep you with you you. Dagen thank you so much futures this morning, gains across the board 331point gain on dow futures this with joe bidens cabinet starting to take shape former Federal Reserve chief janet yellen expected to become treasury secretary she would be first woman to ever hold that position. Joining us now is Capital Markets chief investment strategist Jon Hilsenrath, dudash joining us is market up because yellen not say Elizabeth Warren . Well, good morning. Probably that is part of it you have to remember, too, that miss yellen put mantle from mr. Bernanke continued on with respect to qe, quantitative easing following the great financial crisis was in charge of unwinding that qe, 2014. So she is looked upon on streets to be a very dovish person meaning in terms of money, and only dovetails to have a pun that, after mr. Biden takes office, the amount of stimulus coming stock market way most important thing i think with respect to the investing is the money coming to stock market, bigger than people anticipated. Dagen i want to bring Jon Hilsenrath in here brian, because this gets to the issue, of how can we you have you can raise question of how can United States afford this given what was budget deficit for the fiscal year 20 for the fiscal year year over three trillion dollars, but raises the issue that well you can decide limit with a federal government can spend Federal Reserve can apply up deductibility continue to monetize the debt that is actually, a very progressive idea something floated by far left in terms of what is it monetary theory. The markets might like it brian but be careful what you wish for. Well i think too with respect to the fact or thinking about monetizing debt it is not coming now would it come when we see a dramatic drop in unemployment, clearly the fed changed stripes that happened in august with respect to this changing its focus on inflation through employment people have to remember january, february of 2020 we were sitting at sub3 1 2 unemployment no, no wages inflation, for those that have been in market since 1980s he we havent inflation since 1982 continue to look for that, so i think the issue is with respect to the to where the quote unquote chief money is going to come from pretty much known on wall street at least that the fed is not going to do anything for two to three years, with respect to this to changing policy unless the economy really starts to over heat monetization of debt he probably will not happen until too late meaning rates are already up the thing to keep in mind is if the government does not come through and they are going to come through with respect to the to strong stimulus package fact that miss yellen worked adfed has relationship with mr. Powell also building additional credibility notion of fatigue in terms of building relationships not only in terms of washington but wall street as well. Dagen Jon Hilsenrath you want to jump in here . You know more about than anybody i think you raised expect important points dagen, you know, my sense is that the market and washington, and economists are driving with rear view mirror right now one lesson that they have learned over last 20 ordered years you can dry unemployment really low tweak Interest Rates low dont get inflation, another lesson was well you can run up really big debt 3. 1 trillion dollars deficit last year, and you dont get higher Interest Rates, so i think everybody now believes that, because what happened what we always see what happened in last 20 years isnt what is going to happen in the next 20. And i think so that is the risk one of the risks we have to think about one of the debates that yellen is going to be having oneonone, with republicans in congress is how much farther can we push the debt, how long can we keep Interest Rates low . You know, you the behavior of inflation in the last 20 years, going to predict the way out goes in text 20 years . And you know my answer to this is i dont know, we dont know if it is going to keep going, the same way but i think a lot of people including the markets, are counting on it. Dagen brian you want to respond to that . Yeah, i do, you know the first 10 years bull market macro, factors the majority investors actually had hedge funds especially, more you focused on macro, quantitative clearly irwrong came out of call 10 years ago a 20ier bull market, march 23 control delete in terms of reseting the next 10 years we think next 10 years in bull market dramatically different than first 10 years more bottoms up fundamental focusing on company mblth Background Services products for all intents and purposes looking backward every economist in the world was absolutely wrong in the first quarter, in terms of looking for if next Great Depression looking backwards part of it, also the need quote unquote to make call we were very loud that we are heading he goed into Great Depression i think just focus on macroinstead of microthe bottoms up we have best companies in the world we think we are in a giant bull market. Can i say one other thing about best companies in the world you know we are talking about all vaccines coming out all western, mostly american companies. Everyone was worried three to six months ago about chinese having a head start, you know keeping secret all of this research, but where is chinas vaccine . This other point about, Great American coming i think a really interesting point you just dont see these days people talking about the companies and cash flows and management the way you used to, you know, pickers Warren Buffett picking out gems riding 10 years at a team would be really interesting if that is the way this market is finally going to go. Dagen given a leg up to individual servers not kind of mathematical quantitative disadvantage you can do serious work picking Debt Management understanding businesses on your own brian thank you for being here. Thanks for having me. Really good to see you coming up President Trump greenlighting transition process but says he is not conceding as his Campaign Fights for free and fair process this is joe biden wasting no time with keyboardist picks former Senior Adviser to president george w. Bush foshgs news contributor karl rove weighs in on that later hollywood shopping like never before a closer look how to safely shop next here all morning honoring hilsenrath and dudash, you are watching mornings with maria live on fox business. Move on up really. My first idea was in one quarter of an hour, your savings will tower. Over you. Figuratively speaking. But thats not catchy, is it . Thats not going to swim about in your brain. So i thought, what about. 15 minutes. 15 percent. Serendipity. 15 minutes could save you 15 or more on Car Insurance. Dagen Holiday Shopping like never before rising covid case numbers hospitalizations u. S. Giving way to more restrictions shutdowns changes the way consumers retail plez operate Retail Federation expects holiday sales to rise 3. 6 to 5. 2 , this year that is expectation. Joining me now former nordstrom Vice President chief commercial officer kathy how is this shopping season going to shape up. I think it will quite a bit different than past number of fronts the black friday period going to be protracted rather than black friday cyber monday exclusively, people have extended promotions discouraging crowds in stores that sort of prior attempts to come in on black friday is not going to be the same this year obviously, ecommerce is going to continue be much bigger part than past years as we have seen over the course of 2020. So all those things are going to shape the pattern we see over holidays this year. Looking at some video, i wondered if you discouraging crowds having employees extremely rude i experienced that over the weekend. Some retailers are better equipped to handle the boom and online orders best buy out with earnings this morning, Online Domestic comp online sales up almost 174 , this quarter from the last. But who is who is position that had we might not have talked about so far to take advantage of this online trend. You know, it is people that were out in front you obviously, see standard obviously, target best buy walmart amazon positioned well a longer period of time those that have not sort of last, Delivery Systems doing better than others, surprising people like, you know, lululemon, 170 online increases, owed outside of standards it is those positioned well, to have online experience i think as we get closer to holiday you will see those that have more control delivery options to pick up drive through as well as, you know, Delivery Systems in place, those people will start to pick up share because delivery times are going to be pressured this year because so much volume going through the standard carries people can get things safely last minute will see a pickup as well. Steve dudash jump in. I cant stress enough i completely agree that last mile that is critical right now, the volumes are going to blow out every expectation that weve seen in all prior years for all the obvious reasons that last mile is critical youve got to go with companies that have logistics in place like walmarts targets amazon like you says can provide that service because i am afraid for a lot of people going to do online buying the product is not getting in time for holidays, so, what people are doing they need to be doing it now dont wait until a week before holidays two weeks before do it now because everything that i am talking to Business Owners people i am dealing with right now said same thing they dont think that the normal turnaround times are going to apply anymore everything is a push on extended to great deal the curb side pickup critical very, very smart point make going with those companies nobody wants to be locked out in cold here the end of a Holiday Season still waiting for packages. Dagen right took me a week a week, to get some wet slippers from amazon because of ups, ups sent out auto that they attempted delivery 5 30 a. M. Saturday morning. Took me three phone calls an hour to find out that that wasnt true it was a lie, no delivery attempts had been made kept promising would be delivered it wasnt i got it sometime yesterday would ups lie to the customer like we attempted deliver your quote business was closed at 5 30 in the morning wasnt true either, like yall were pointing out rely on retailers that have solid, secure delivery, and they stand by their guarantees just like amazon, amazon if delivering it themselves, they can get it to you, but ups i dont get the auto lie, i digress thank you so much for being here, take carry, coming up joe biden pushing to revise paris climate agreement tapped former secretary of state john kerry as climate envoy we discuss, cracking car code how tesla model xcars might be at risk for hackers. Stay with us. Businesses today are looking to tomorrow. Adapting. Innovating. Setting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Its time sleep numbermate sleep360 smart bed. On the you can adjust your comfort on both sides, your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Will it help me keep up with mom . You got this. So, you can really promise better sleep . Not promise, prove. And now, during the ultimate sleep number event, save 50 on the sleep number 360® limited Edition Smart bed. Only for a limited time. To learn more, go to sleepnumber. Com. Dagen push to revive parives climate accord joe biden poised to announce former secretary of state john kerry as administration Climate Change czar according the wall street journal biden, with Global Leaders could boost prospect of Climate Progress over coming months role will reportedly have little to do with domestic policy, as steve to you first on this what do you make of this . I know bigger headline yellen given her position. We are talking about Climate Change. Right, in a is a what i mean i hope viewers dont miss this this is critical putting him in that post, they are announcing going to push greener we can debate all you day long or not government should push it that way it doesnt matter the reality is they are going to i will do it make money off opportunity look for businesses that are going to benefit the most from climate push that you will be seeing couple nears, natural gas things can make money carbon neutralish, arent fun to talk about i think a lot of hidden money going to be made next couple years dont miss this story, i can stress right now take advantage right now go with investments for the green being base prits debate politics another day there is money to be made right now in this air. Dagen a jon what do you make of appointment by john kerry again that United States, it is its mission, per capita lowest theyve been since 1950, because of our reliance on natural gas a fossil fuel helped reduce our emission, china is you in one he admiter of co2 the pairis climate corridor puts burden on u. S. China doesnt have to start reducing those Carbon Emissions at all for another at least decade so what do you make of this. I was saw recently said importune emissions this year i think down projected to be down 8 for me striking, it was like look at the cost that we had to pay as a country, and the world, to get emissions down 8 i think that is something that people have to be really aware of you are real aggressive pushing down a emissions could come with Enormous Economic costs, i kind of think what is going to happen, in this washington, is that you know, the progressives the Biden Administration are going to take the easy road first to spend a lot of money, green projects Green Technology, pushed for it i think that is where steves point comes in which is all right if a lot of money coming out now, on, on windmills solar, how do i get in on the action. I was talking to a Top Executive at one of the big Money Management firms he said Green Technology Green Investments are a huge area that they are going into, just because there is so much demand for it for the investment world so i think steve has got a point, you know you might want to separate from our political hat from investment hat say you know, how do i profit from some of this there is going to be a lot of spending i think happening in this arena. Dagen i worry about politicians who dont look at the economics of it, and the financials of it if you do anything to drive up reduce our energy production, here fossil fuels drive up cost for every man every woman people who have to drive two hours round trip four hours round trip every day telling them easy appeasey putting you in an electric vehicle five years. Regulatory teams and then the spending piece the regulatory piece, is really tough, and, you know, gotten locked up in the courts Keystone Pipeline still hasnt happened even though approved years ago, spending part is where Like Washington wants to spend, and that is something they can do quickly, so you know would i say watch that. Thanks jon thanks steve transition begins a look at joe biden potential cabinet picks karl rove here pete talking about new book honoring or nations most dedicated heroes. Way . I wanted to help protect myself. My doctor recommended eliquis. Eliquis is proven to treat and help prevent another dvt or pe blood clot. Almost 98 percent of patients on eliquis didnt experience another. And eliquis has significantly less major bleeding than the standard treatment. Eliquis is fdaapproved and has both. Dont stop eliquis unless your doctor tells you to. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. If you had a spinal injection while on eliquis call your doctor right away if you have tingling, numbness, or muscle weakness. While taking eliquis, you may bruise more easily and it may take longer than usual for bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Whats around the corner could be worth waiting for. Ask your doctor about eliquis. Welcome back i am Dagen Mcdowell in for maria bartiromo. Tuesday, november 24, we are an hour less than an hour away from the opening bell, lets take a look at markets 8 33 eastern, futures up across the board, 328point gain on the dow, after a big rally yesterday as well, vaccine optimism, european markets same story against of more than 1 in england france germany in asia overnight markets mostly higher as well shanghai down one third of one percent. Goldman sachs making overseas moves ahead of brexit, Cheryl Goldman sachs announced plans for european stock platform out of paris will allow clients to still trade in europe if deal not reached trading in london ahead of january 4 deadline a third takes place in london gold monday premarket as you can see up more than 1 1 4 could be interesting. Big tech brooifsh apple global head of security indicted for allegedly offering ifltpads to secure gun permits thomas moyer promised 200 ipads to Santa Clara County Sheriffs Office for four conceal weaponize permits two members of the Sheriffs Office indicted for requesting the bribe, wrongdoing, during their internal investigation the hackers, security reformer discovered a way to steal with Identification Number all it took 300 dollar smartphone controlled hard wear kit tesla body module to unlock car with Bluetooth Tesla says it is working on this, one man working a difference 3,000 dollar tip purchasing one beer telling manager split it between four staffers on clock at the time came in time the restaurant is set to voluntarily close due to pandemic, headlines. Dagen gentleman as my dig mother said i wish i was rich so i could give it all away Cheryl Casone thank you so much, transition begins gsa yesterday giving green light for a joe Biden Administration, to begin the transition process. The move will allow all federal resources to be made available to biden and his team President Trump tweekt in part quote, nevertheless in best interests of our country i am recommending that emily and her team, do what needs to be done with regard to initially protocols and have told my team to do the same. Joining me now former Senior Adviser to president george witch bush Fox News Contributor karl rove an important step. It is official term is ascertainment, ascertains the probable president elect is joe biden that all Resources Available to the negatives president are, therefore, at his dispositively. I am annoyed by people on the left like, trump is destroying our republic, oh, my god a dictator when he makes this decision, reaction is kind of paraphrasing gregg, nana, you lost reaction i guess i should not be surprised at behavior of people on the left. Well remember we had election in which winner was the recipient of the certification of the state of florida. Gave him electoral votes to be president United States took 36 days before Supreme Court finally said al gore you tried to change the rules of election after election you tried to run a illegal recount only three counties in violation of state law tried to ascertain divine intention of voter tore when no standards violating two partsdz of the constitution including 14th amendment equal protection clause and we are done i dont remember same liberals say my god look at bill clinton refusing to allow transition to begin start even though this was recipient of the official certification florida allegor con testing that 36 days. Move to joe biden, he is expected to name some of his picks for his cabinet, including, john kerry special president ial envoy for climate, avril haines director National Intelligence, mayorkas secretary Homeland Security like the swamp karl back, what happened . It as man from texas i think you would have something to say about kerrys climate ideas. Yeah. I will. First of all, lets get back to couple interesting things one is, it matters that you are a long time associate of president elect biden all people are wellknown to him been around him many alumni of the obamaBiden Administration but also a lot are longtime staffers to him in his role in senate one was chief of staff Senate Foreign Relations Committee also traditional democrats we havent seen a lot of sort of o prove types yet so accentuate animosity i think brewing on Left Democratic Party where is our fair share but interesting thing is to me two interesting really interesting things one is we really dont know a lot about the put kerry aside i will come back to him we dont know a lot about what the policies are that they are going to be executing because, the Biden Campaign was more about i am not donald trump i will be normal, and i will you will be able to stand me four years it wasnt a lot here is my agenda i am going to go out five, six, seven months leading into election defend that agenda interested by National Figures in the press about it going to there is going to be debate whether we ought to go this way or that way. No. It was i am not trump, there is not a lot of content, the interesting really well also remember the Foreign Policy, these are people been around him a long time when he made very bad decisions, remember he is in the cabinet, in situation room saying lets not take down osama bin laden. So, to Foreign Policy types are part and parcel of be nice to find out the were they recommending that course of action oppose taking out bin laden, bob gates great remarks joe biden has been wrong on every Foreign Policy issue he ever made a decision on in his life this is people that have been surrounding tim interesting thing about kerry returning to mr. Kerry lets say, clearly i disagree with a lot of his views on the demolishing oil gas, so o forth but are people like kerry able to grapple with the fact that this world changed dramatically in the last four to eight years . China, china the Paris Climate Accord incline india biggest commiters in world they dont have to start doing anything a decade or two, china itself, china is a far more aggressive power starting in 2012 than it was when biden comes in as Vice President , 2009, are the people around him going to be aroundable ab to adjust to that iran humpty but manity putting Iranian Nuclear deal back together that is impossible the world changed in a way with coalition of very disparate countries emerging in opposition to iran how are people in obama Biden Administration, and going o to deal with kind of questions are they trying to go back to where they were before are they having to take time understand the new world in which we find ourselves adjust accordingly, kerry is one of the first rejoin climate agreement . Maybe no the are we letting china mitt. Is he going to genuflect in front of china unleashed a virus killed more than a quarter mill americans how is that going to work i know two separate issues but all the same do we take an aggressive stance against a nation that wants to wipe us off the map . They might act like they are partner in business. They are not. They steal from United States imprison put their own people uighur muslims in concentration camping sorry karl. That is all right. It is your program. Al gracious to you karl rove Holiday Shopping like never before, we take a closer look at how to safely shop that is ahead but first, pete hegseth is here with new book honoring or nations most dead indicates heroes, mornings with maria you are watching live on fox business. It is time to pulled up you time to break down a time to mourn a time to cast away stones, a time to gather stones. Save me lots of money. This games boring. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. children laughing music swells dog barking music fades exhales experience the power of sanctuary at the lincoln wish list sales event. Sign and drive off in a new lincoln with zero down, zero due at signing, and a complimentary first months payment. Dagen . Honoring america heroes fox Friends Weekend cohost pete hegseth with a new book today telling stories of some bravest men and women of the u. S. Armed forces book based on fox nation show, of the same name joining us now fox Friends Weekend cohost arm veteran author of modern warriors pete hegseth. I love the book number two on amazon bestseller list i started reading it last night, just moving, and inspirational, and you got to put the book together by literally going out havingers about having bevidently ers talking to them. Real story what we wanted we do intellects all the time 3 1 2 minutes never enough time especially with medal of honor or green bear ai navy seals you want to know story show on modern warriors does just that sit down have a few beers get together telling stories combat start to share raw unedited politically incorrect funny painful things they relate to modern warriors super bowl started talking brings mirmz back a little bit tries to channel all of that unique to men humans what motivated them what their fears were where so proud of this great country weve got nonsense going on a book like this reminds you it is real 1 men and women put it all on the line for us that are real elites in our country, and so i think modern warriors does justice to their stories in their own words. Dagen i dont know i always felt a little different growing up in the south. Growing up close to military bases, you know, just eastern North Carolina there is lejeune fort breg cheery point, air force base do these heroes lets call them that do they feel that love and support every day from American People . I hope they do. I think they do. You know obviously, a lot different than vietnam generation never welcomed home, instead they welcomed our generation home they had a different set of struggling, you know, the new it is a one Percent People coming home to in communities arent very familiar with their service dont know how to act even if they support them appreciate it say thank you a lot of skills dont automatically translate so this book talks a lot as well about transition. And going from that deep sense of purpose that brotherhood to want civilian world Second Chapter of purpose our commitment to vietnam we have thanked men recognize service this book is part of it lets not wait to tell stories tell it now. I found it moving you can take lessons from all these individuals, and even apply them to everyday life gives it can give your own life new purpose new focus, and i have done this before when on outnumbered i think last week, i said hello, and give a thanks shoutout to gene smith family friend his helicopter vietnam part of air calvary, First Mission i dont think he talked about it, takes you know a lot to do that there are so many stories, the men still out there alive, seek people out if they want to make them like just tell them thank you, and say hey, you want to share story with me . I just think that it lifts everybody up. It does. And you will be lifted up by this book that is what it was for me tell me a story put me in helicopter before you stepped 60 on that mission against alqaida what is it like when bullets are whizzing by how do you manage fear taking a hit, hair on back of my neck standing up they tilt like it assist make us all proud. Freedom is not free we are the land of the free because we are home of the brave i say it often i say it again pete hegseth thank you so much, sir. See you soon tune into petes show modern warriors streaming now on fox nation by the book i started reading it, it is awesome. Great holiday gift, coming up shopping season is here online sales booming watch out for hackers. We take a close look next. Are you frustrated with your weight and health . Its time for aerotrainer, a more effective total body fitness solution. announcer aerotrainers ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form. Aerotrainers unique design allows for over 20 exercises for a total body workout. Plus, you can easily transition from one exercise to the next. Want tighter abs and a stronger back to help relieve pain . Do the aerotrainer super crunch. 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So, obviously, if someone offering amazon gift cards you be suspicious do you think amazon is giving of cash value of a gift card obviously, not that is something obviously, pops up on radar quickly. Dagen a go directly. Go directly to brand web site if you go left of the url top of web page a locked icon means sight secure never save payment onsite use good morning, paypal what have you this one is sad i see people falling for it this year because we are lonier than usual online super santa if you see on facebook for instance a Gift Exchange hey, you apply one gift mail it here you will get 36 gifts in return ponzi scheme dont fall for that dagen how is shopping going. I havent bought anything, i havent bought anything for anybody. At all. And thanks appreciate the gift Lauren Simonetti. Thank you more mornings with maria live on fox business right after this. This will be this will be this will be f working demand a new type of network. One thats more than just fast. 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Dagen 30 minutes away from the opening bell almost in the morning mover, abercrombie and finch jumping premarket after posting a double beat on Quarterly Earnings last hour, Digital Sales up 43 , demand for activewear and loungewear, loungewear is a good Holiday Shopping tip, thank you so much to steve and john hylton, always a pleasure, could not of picked a better day to talk about unit yelling, thank you both, it is all about stuart varney, take it away. Stuart you make it sound terrible, good morning, everybody. Was not a sigh of relief . Senator Elizabeth Warren is not going to be the treasury secretary, that was a sigh of relief, the treasury secretary is going to be janet tl here is why wall street is so happy, the market and the economy will have a fed chair committed to stimulus in a treasury secretary who wants fiscal stimulus, it will be open, that is why the dow went up 300 yesterday and will go up another00