target of the unrelenting trump attack machine shouting where's hunter. here's my answer. i am here. >> mr. biden, was it worth it trying to sell the family name? do you want president biden to pardon you, sir? >> neil: so it went or didn't go. still on the hunt for answers. hunter biden showing up on capitol hill, but a no-show for the closed door deposition that republicans had demanded. so what happens now that he's defying that subpoena? we don't know. this much we do. he used his appearance to blast the impeachment inquiry in to his dad that could be just hours away. all of that and as martha was telling you, we have a new record at the corner of wall and broad. the biggest finish we've seen in two years. the dow has never been higher. the other averages racing along. we'll tell you what sparked this and what it could mean for you now in "your world." welcome, everybody. glad to have you. so much going on today. the record on wall street, more on that in a second. first to the political consternation back and forth on can toll hill and certainly confusement. let's go to david spunt with the latest. >> good afternoon. hunter biden said that he would testify in public under oath in front of millions to see in a public hearing that would be televised. the actual subpoena from congress from house republicans was for a closed-door deposition under oath that would be transcribed. house republicans have said we'll do a public hearing, but first we want to to the transcribed interview. so here we have it. video of an empty deposition room today. a hearing room on capitol hill with hunter biden's name tag, an empty chair, some exhibits. none of it panned out. because hunter biden was outside on capitol hill and he said this. >> i am here to testify at a public hearing today to answer any of the committee's legitimate questions. republicans do not want an open process where americans can see their tactics, expose their baseless inquiry or hear what i have to say. what are they afraid of? i'm here. i'm ready. >> so james comer, the chairman of the house oversight committee and his colleagues were watching the hunter biden remarks behind the scenes. they're frustrated. they wanted him to appear for this behind closed doors hearing and here's what they had to say about him skipping out. >> chairman jordan and i have been very clear. we issued a lawful subpoena to the president's son. this has been a ten-month investigation, a credible transparent investigation that has produced a lot of troubling evidence. we have lots of questions. >> hunter biden is facing two federal indictments in actual court. this would not be considered court, but if hunter biden did appear today, anything that he said could be used against him in court. meanwhile, the next phase now, house republicans say that they want to initiate contempt of congress proceedings if that passes the full house, it would go to the desk of u.s. attorney matthew graves appointed by joe biden. the department of justice did prosecute trump allies steve bannon and peter navarro for ignoring congressional subpoenas. so matthew graves will have a sear you decision before him. >> you have to be consistent. david spunt on capitol hill. so we talked about the son. now talking about the dad. an impeachment inquiry that could be filed later on tonight. chad pergram has more. >> good afternoon. republicans talked for months about initiating an impeachment inquiry but failed to do anything about it. now in two hours, the house votes to formalize that impeachment investigation. >> you think you'll have all republicans to vote for this? >> i think it's going to pass. >> they have the votes today because moderates from swing districts are now on board. it's about the math. the gop can only lose three votes. fox is told there will be one or two gop nays. republicans contend that they have the goods on the president and his family. >> sarah biden writes a check to herself and $40,000 with a check to joseph biden, the president of the united states. that's your evidence. if you want to talk crime, bribery, co conspirator to being fara vaillations and we can go on and on. >> democrats believe this is all about 2024. they contend the gop wants a narrative to compete with the trials of former president trump. democrats impeach the former president twice. >> the impeachment inquiry is a political stunt with zero evidence. we're not here because of wrong doing of president biden but because donald trump wants revenge. welcome to the donald trump revenge show. >> adopting the impeachment inquiry gives them more muscle to enforce subpoenas. if the house improved a probe, lawmakers could have side stepped this mornings fiasco with hunter biden. neil? >> neil: thanks, chad. let's go to andy mccarthy, the former u.s. assistant attorney. where is this going now? let's say they get enough votes to proceed. then what? >> well, i think the wise thing for them to do at that point would be to reissue the subpoena to hunter biden. i know there's been some talk that they'll move ahead with contempt without having that happen, neil. but i think hunter will take the position that the inquiry was not authorized at the time that he was subpoenaed and didn't appear. therefore it will illegitimate. he will argue that they knew it was illegitimate, that's why on that very day they tried to vote it and get it approved. chad says they think they have the votes. we'll see what happens with that. to nail that down, just to be on the safe side, there's an argument technically that this subpoena is inforcible anyway because it was issued by the judiciary committee and the oversight committee and they have subpoena power. the wise thing since we're talking the president's son and contempt is there, they would be better off reissuing the subpoena once they get the authority by the full hours and daring him not to show up. >> and those circumstances he would be in hot water, right? >> well, there's two didn't things here. one is the subpoena. one is whether you testify or not. the satisfy is a legally enforceable order to show up. whether you have to testify or not depends on a different thing, which is do you have a legal confidentiality privilege. the thing is, hunter doesn't want to go in and take the fifth. he would rather have a public campaign where he says i'm not testifying because i have asked to testify in the open. they only want to do it behind closed doors because they're so insidious and et cetera. he knows if he goes in and takes the fifth, they'll exploit that just like the january 6th committee did by suggesting that anyone that takes the fifth must be guilty anand may enbe obstructing the investigation. >> neil: you know, the demand that he show up for this closed-door meeting, would it have been strengthened if democrats were invited, too? >> i believe, neil, that democrats would have been invited. the closed-door deposition has investigators from both parties. now, the different between what goes on behind closed doors, which is much more efficient for investigations and these crazy public hearings that they have is in the closed door deposition, each side has investigators that conduct rounds of questioning and those rounds usually go on for about an hour so you can develop lines of inquiry and discover documents that might be relevant. whereas in the public hearing, you get about 40 members of congress that do these crazy five-minute rounds that are not really coherent. if the witness dares to try to answer questions, they reclaim their time and don't let them speak. so, you know -- >> it's a mess. >> neil: we're learning right now the election interference case by trump will be held up. the judge says he wants to weigh immunity from prosecution and all that. the judge has agreed to pause any further proceedings that would move this case towards trial. what do you make of that and what this could be signalling? >> it's a straightforward application of federal law, neil. they're allowed to appeal immunity pretrail. it's one of the few things federal law lets you appeal pretrial. the rule is once the court of appeals accepts an appeal, the jurisdiction over the case transfers from the district court to the appellate court. so the judge doesn't have jurisdiction at this point once trump appealed to the d.c. circuit. hovering over all of this is whether the supreme court is going to take the case where jack smith, the prosecutor, has tried to bypass the d.c. circuit and go to the supreme court. whether it's the supreme court or the d.c. circuit, if one of those appellate courts has the case, then the judge can't act on it anymore. >> neil: thanks, andy. the dow jones industrials hit a new record today for the first time since almost two years ago. a lot of that was built on the federal reserve doing what was pretty much expected. not raising interest rates. signalling that maybe we could see three interest rate cuts next year, as many as that. that sent market interest rates tumbling. for example, a ten-year note to which a lot of mortgage bounds, mortgage rates and mortgages in general are attached to say nothing to car loans and the like. that dipped below 4% on this. little more than six weeks ago was hovering around 5%. that was the believe that this is a soft landing the fed is orchestrating and good for companies and good for stocks that are sensitive to rate moves. some have interpreted this as an overreaction. when you cut rates, you do so in the face of a slowing economy. look at the half empty glass and say wait a minute, that will prompt them to cut rates. for now, they have full glass one and they were going for the races. more after this. ♪ my name is josh sanabria and i am the owner at isla veterinary boutique hospital. i was 5...6 years of age and i knew i was going to be a vet. once alexandra called me to let me know that bank of america had approved my loan... it was important to me. we not only just provide the financing piece, we do everything that we can to surround them with the right people. all you need is a perfect, amazing team that will guide you through the right steps to be successful. and that's what bank of america was for me. my name is dana bellefeuille, and my husband and i own the village bakery located in hayden, idaho. our mission is to employ people with different abilities. tiktok is allowing us to show what acceptance looks like on a day-to-day basis, here at the bakery. this is a community of just complete and utter love. it's the people that lift you up when you're down. people on tiktok do that on a daily basis, and i've never found a community like that, ever. >> neil: the migrant crisis is on and out of control. to griff jenkins in eagle pass where they know a couple of things about getting out of control. griff? >> that is for sure. we just obtained exclusive video that the officials and border patrol agents don't want to see right now because they're already overwhelmed. that is tens of thousands of more migrants. look at this video just obtained from our fox sources. it's about three hours south of the town behind me. they're trying to get on this train. you can hear them cheering as the train goes by. they can't get on the train, our source says, because that train which he's riding on is already at full capacity with migrants hanging off of it. you can see them lining theed radio. they're headed this way. this sector alone in the last 24 hours, they had 2700 migrants. over 800 just arrived. in lukeville, arizona, we've had more than 3,000 on any given day. this is the remnants of the 800 group behind me. they're processing them. bussing them as fast as they can. because the agents had to deal with multiple large groups in multiple locations simultaneously, it stretched the manpower so thin that they're overwhelmed and nearing a breaking point. this is the shot out in lukeville, 1,000 miles to my west where they're overwhelmed with large groups as well. over 600 this morning before the sun came up. that is the picture of the crisis. but for our fox cameras and our great camera men bringing these images, you wouldn't know it. the video we show you, more migrants on the way in greater numbers possibly is very concerning what we're dealing with right now. now, in that group of the one being processed behind me, there were three men from sudan, one from tunisia. we know in lukeville they have 120 plus from countries like senegal, guinea, bangladesh, egypt and china. all part of the national security threat and in addition to migrants from places like venezuela and the northern triangle. that is the picture right now that the agents and the officials are dealing with. that is a concerning thing. at the heart of it all, the fact that we know some 5,000 of migrants are being released a day in the u.s. so as you go back to where you started this hit, 10,000 in the last 24 hours and 5,000 are getting turned loose, that means that half of them are getting let loose every time that they cross. that's why a mexican journal its said it's like the selfie effect. the migrants cross, take a selfie and send it back to family or put it on social media and sends a message to those behind them that they too can make it if they just come. back to you. >> neil: to your math, they have a 50% chance of doing that. so the push on the part of republicans and now many democrats to do something about border secure even if it means tying aid to israel and ukraine to it. aishah hasnie has more. >> talks are ongoing here on can toll hill. some policy suggestions from the white house in the last 24 hours, but nothing, no official offer on paper. that's what republicans are weighting on. meantime, take a look at this scene outside of the capitol this afternoon. the congressional hispanic caucus holding a news conference to really put the pressure on president biden not to cave to republicans and bring back those trump-era border policies. cbs is reporting that the white house is willing now to negotiate on expelling migrants, seeking asylum without going through a screening. that is big. also, they're willing to negotiate on expanding detention and deportations in order to curb the numbers. >> i urge the president to completely reject these ongoing conversations in which we are giving up. we are saying that we're going to put basically an end to asylum. we cannot allow that to happen. >> they're not very happy with the president or the white house. moments ago, the white house blaming republicans for the current state of the border. >> does the president think it's a national security risk? >> here's what i'll say. one of the ways that we also have to look at this is what congressional republicans have refused to do. the president is asking to do this in a bipartisan way, to find some compromise to deal with an issue that has existed for decades. >> so the question becomes the day before the house goes on recess, will anyone in the senate or the house stay put. senator cornyn was asked about that today. he thinks they are not close enough to a deal, that anyone should be making anybody stay. so we'll have to wait and see what happens with that. as far as if the senate could take up a possible bill and pass something before the house, send the house home, maybe they take it up after the new year's, he says that's not a very great idea because it would turn into a piñata and be attacked in the weeks in between. doesn't feel like anything will happen. neil? >> neil: thanks, aishah. aishah hasnie on capitol hill to brandon judd, the national border patrol council president. brandon, to say it's out of control is an understatement. when we get together to chat. 10,000 over 24 hours period, that is scary. >> yeah, what is really frustrating to every one of us is december is normally the slowest month of the entire year. yet it is geared up to be the busiest month that we've had on history. right now we're on pace to apprehend the border patrol alone, not cbp as a whole. the border patrol alone is on pace to apprehend around 240,000 illegals. doesn't count the criminals and the fentanyl and the got-aways, the coke, methamphetamine. we're on pace for an all-time record. >> neil: just do the math, brandon. you talk about let's say 10,000 getting in here and 5,000 that get away. you can do the math and relay it back home with your friends and family members. you have the 50% shot at succeeding. >> yeah, that's why so many people are coming. they recognize that we're rewarding people for violating our laws. by the way, neil, that 5,000 number, that was when we were apprehending about 6,000 people. right now we're releasing upwards of 85% of the people that cross our borders illegally. back in title 42, when you look at what president biden did, we weren't enforcing title 42 on every person. we were still releasing 50% of the people. now we're about to 85%. so numbers, we have to put them in context. you look at the pictures. what really makes me the most mad is when we go to the border and we see how many agents are patrolling. we only have about 10% of our resources that are patrolling the border. we only have that number, we're ceding control of our border to the cartels. that's why three so successful. >> neil: very successful. thanks, brandon. the national border patrol council president. as you pointed out, it's out of control when you have a 50% escape rate and the odds look good if you try to get in this country. meantime, how much weight do you put in an endorsement that a presidential candidate gets? chris sununu put it to the test with his support of nikki haley like we saw in iowa with kim reynolds supporting ron desantis. does it move the needle? we pursue, you decide. 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you'd rathers a a candidate have it than not. the impact it will have. >> yeah, neil. it's significant. just how significant when iowa governor kim reynolds endorsed ron desantis. they're very popular governors, reynolds and sununu. when you look at polls, you see donald trump is still by and large the frontrunner. we obviously have roughly five weeks to go until the iowa caucuses, a little more than the new hampshire primary. in terms of whether these endorsements really move the needle, i think they're more indicative of the ground game, both of these candidates have established in iowa and new hampshire respectively. with sununu in particular, what i find fascinating is that he had endorsed a number of candidates in 2022 that lost in their republican primaries to trump-backed candidates that went on, of course, to lose in the general election. so unclear how that will play out this time around in the new hampshire primary. >> neil: to your point and it's a good one, you'd rather have that support than not like nikki haley would rather have the support of the big money guys from the koch syndicates to ken langone than not have it. then it's an issue of carrying yourself to the finish line. it's up to the candidate to do that. nikki haley has all the momentum. six weeks is a long time to carry it. what do you think? >> it's a long time to carry that momentum and then we're headed in to the holiday season. so a lot of people will be checked out. look, once we get into iowa, iowa will be very telling about which way this race goes. if donald trump is by and large the winner in iowa, he wins it handily, it will be interesting to see what happens then as candidates drop out or if they continue on. if ron desantis wins iowa or is able to finish closely to trump or if haley finishes closely to trump or desantis in iowa, then i think we're going to have more of a competition going forward in to new hampshire and south carolina. >> neil: julia, a read of the economic ebbs and flows and how they could affect elections. good economic news good be good market news. we have new records for the dow today on the heels of reports that maybe the federal reserve is more inclined to cut rates than raising them. wall street celebrated that. people are reporting to the strong retail sales strength and that will catch up to the perception, which is of the opposite view right now, that it's going to be just in time for the president a year from now. what do you make of that? >> yeah, certainly makes it easier for the biden administration to point this and try to claim credit for it. if we start to see that perception of the economy change going forward, that will make things better for biden and democrats running up and down the ballot. certainly good news. however, if it is a biden-trump matchup, i think it could be easy for trump at the same time to say, okay, but before the coronavirus pandemic, look at how low interest rates were. look at the job growth. we didn't have a high inflation in my administration. so i think trump can still make that case, though we know that voters tend to live in the present. they vote in the present. so he will have to make that case and be cognizant of the fact that democrats will take credit for any economic boon that we see. >> neil: thanks, julia. julia manchester on that. speaking of the marks and the surge today, i lad a chance to catch up with ken fisher that weighed in on the markets and the schools that are in a heap of trouble for anti-semitism. you know he has a policy when it comes to ivy league schools and kids that apply to them, not to favor them and in fact not to even look at them after this. this is a hot flash. but this is a not flash. ♪ i got a good feeling ♪ there's big news for women going through menopause. veozah - a prescription treatment for moderate to severe vasomotor symptoms - the medical name for hot flashes and night sweats. with hormone-free veozah, you can have fewer hot flashes, and more not flashes. veozah is proven to reduce the number and severity of hot flashes, day and night. for some women, it can start working in as early as one week. don't use veozah if you have cirrhosis, severe kidney problems, kidney failure, or take cyp1a2 inhibitors. increased liver blood test values may occur. your doctor will check them before and during treatment. most common side effects include stomach pain, diarrhea, difficulty sleeping, back pain, and hot flashes. ♪ i got a good feeling ♪ ask your doctor about hormone-free veozah and enjoy more not flashes. >> tech: cracked windshield on your new car? 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bryan llenas has more. >> the house resolution is expected to be voted on after 5:00 p.m. and expected to pass. it calls for harvard and mit presidents to resign and condemns their congressional testimonies for being evasive and dismissive when asked if calling for the genocide of jews violates university policies. debate on the resolution has just happened for and against it. >> testimony was the most morally bankrupt testimony in the history of the united states congress. >> martha: the call for genocide of jewish people is obviously reprehensible in all context. but whether or not it is constitutionally protected depends on context. >> the resolution con departments anti-semitism on college campuses citing an anti defamation league report finding 400 anti-semitic indenses on college campuses nationwide. that's 12 times more than last year. democratic senator jackie rosen of nevada sent a letter to the education secretary urging him to take a review of college harassment policies and codes of conduct across the board. the department of education is investigating in a number of schools already from discrimination following the october 7th attacks. harvard is standing by their president amid allegations of plagiarism. the "new york post" says they found 27 incidences of plagiarism of gay's work. the post says harvard lawyers stone-walled them when questioned about the claims in october. harvard and upenn, more than 70 congress mens are demanding a plan on how they want jewish students safe. >> neil: ken fisher says politicians might not have the right to interfere in school affairs, but the schools do. take a look. >> the reality is, we have in my opinion, which is just my opinion and nobody comes to me to run social conditions in america for should they, a lot of what goes on on university campuses today is largely deplorable. >> neil: you would not endorse that financially or otherwise? >> right. exactly. i mean, the reality is, some of the stuff, you know, from my younger years, you know, if you said this stuff would happen, you'd say no, that can't happen, this is america. >> neil: so ken, the reason why i want to pursue this a little more with you, this idea where some are saying i would never hire someone from harvard as a result of this, you think that goes too far? >> no. when i was a kid, i was a california public school person all the way through. i had a policy in my firm when i was very young, first starting, we were right up the road from stanford university. we had formal policy discriminating against stanford grads. i never have been in favor of a fancy school. i've been in favor of the kids that had to work through hard and deal with the school of tough knocks and people that worked their way through school and all that stuff. i always shied away from fancy schools. always. >> neil: you wouldn't not hire someone just because they come from a fancy school. >> i want to go back to my point. i said this a couple minutes ago. we had a formal policy from hiring people from stanford a long time ago. mind you, if we were next to harvard, we would have a formal policy against them. we hired some of those people. but in my opinion going to a fancy-named school is an impediment to future success in terms of the bigger feature, which is getting ahead in life. it's about work ethic, common sense, drive, all of that stuff than it is about where you go to school. >> neil: it's not hurt fisher investments. the most successful investment house for investors. works for him, see if it works elsewhere as this widens out. meantime, let's go to peter doocy right now. the president did have a chance to meet with some of these hostage families who just want to know, mr. president, what are you doing? peter. >> neil, they told us it was an emotional meeting behind closed doors. they talked to us about it afterwards. we'll have that sound next. ♪ limu emu & doug ♪ [bell ringing] and doug says, “you can customize and save hundreds on car insurance with liberty mutual.” he hits his mark —center stage— and is crushed by a baby grand piano. are you replacing me? with this guy? customize and save with liberty bibberty. he doesn't even have a mustache! oh, look! a bibu. 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>> thanks for having me on, neil. i'm speaking to you from lower manhattan where an event with some families of hostages about to begin. some siblings are here to speak. mayor adams will also be here. you can see, we know that hamas only responds to pressure. president biden stated it. he said it correctly. the reason why we're operating in gaza as we said, we have a two-fold mission. we want to bring back all the hostages and to eliminate the hamas regime. these two missions go hand and hand. it's not contradictory. hamas only responds to pressure. the reason why they release some of the hostages so far is because we're hitting them ladder and they wanted a breather. we'll continue to do it. every minute and every moment of our operation in gaza, the plight of the hostages is top of mind. >> neil: so where does it stands right now? forget the hostages, but the escalating back and forth here. now the world piling on israel that the response is disproportion in it, even cool. how do you deal with that? >> this is a time for moral clarity. our leadership has said it. the white house stated it correctly. because the world is looking at israel. president biden just said it yesterday, if i believe. terrorists around the world, bad actors, bad players are looking at israel. if we don't send a message right now against terrorism, that's an invitation for more trouble. let me tell you this. no only more trouble and blood shed in our part of the world but different parts of the world. it doesn't stop there. we have to send a message to hamas and send this message that terrorism is simply a dead end. the calls for a cease fire are ridiculous. that would mean the terrorists can get away with what they did on october 7. they can stay in power with impunity. >> neil: you feel the pressure even when the biden administration argues that israel could be losing global support. isn't that what is happening? >> you see, there's no daylight between washington and jerusalem. we talked about it before. we all want to see the hostages back. we want to see the hamas terrorist regime out of power with no grip on a territory like the case by the way with isis in mosul. we're following the scheme to defeat isiswe're doing a good job. the idf is going to an extend that no western military has gone through before. everyone of good conscious should be aware of this right now. no, israeli is not firing indiscriminately in gaza. that is false. if that would have been the case, we wouldn't have been having this conversation right now because the war might have ended much sooner. >> neil: there's talk that life after this war, hard to imagine how soon this could end but soon that netanyahue wants a key role in that presence for some time. the message from the white house and others is no. what do you read in to that? >> i'm sorry. i didn't get your question because there's a bit of noise here. can you repeat? >> neil: real quickly, this idea that israel wants a role in whatever is the post war life in gaza. others including those of the white house are saying not so fast. what do you think? >> if i'm getting it correctly, we said very clearly that we want to see hamas out of power and that gaza has to be demilitarized. we don't want to see a resurgence of terrorism after hamas is eliminated. on the longer term, we want to so gaza and the palestinian society being deradicalized. there cannot be a solution as long as large segment of the population that believe they're refugees of war. so if you want to better hope for this future, something major has to change. >> neil: got it, tal. i apologize competing with that noise. meantime, with this war raging and everything else, the market continues to climb in this country. maybe there's hope that cooler heads prevail. more that interest rates start declining. they did today and a promise from the federal reserve chairman hinting at that happening sooner than you think after this. and i love overcoming challenges. ♪ when better money habits® content first started coming out, it expanded what i could do for special olympics athletes with developmental needs. thousands of bank of america employees like scott spend countless hours volunteering to teach people how to reach their financial goals. it felt good. it felt like i could take on the whole world. - bye, bye cough. - later chest congestion. hello 12 hours of relief. 12 hours!! not coughing? 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>> neil: indeed. >> i've been drinking, too. >> neil: what is remarkable when you talk about it, scott, along comes the federal reserve come as expected not moving on rates today but hinting at cuts to come next week. then off to the races. what did you make of that? >> three rate cuts potentially next year ahead of this very important i think election and i federal reserve, neil, that has come to watch you and me talk about the fed's role, pressuring and keeping risk and everything compressed for the last six, nine, 12, 18 months, listening to you and me talk, neil, chill, take a deep breath, relax, let the market decide what we need to do going forward. the fed has figured that out, which was lower interest rates were at least step back, do not hike anymore, because inflation is coming down. businesses, everybody is clamoring for things to loosen up. they are finally getting it and that is why the market likes it. >> neil: what is interesting, scott, besides the dow, 12% this year, the nasdaq with all of those technology names, think about it, apple an all-time high today today, that stock this year alone added $300 to its market value, no richer market company on the planet. so what about next year? that is going to be a tough act to top. >> a couple more trillian and you've got some real money they are, neil. at a stop to pick up from where we are today. eventually, this euphoria hopefully will wear off because your point is well taken, it is not sustainable, things are not going to grow to the sky like the trees do, typically on mars or venus. here they don't on earth. stocks don't come either. what stocks can do is get extended in valuation, get extended -- let's say euphoria when it comes to how investors are looking at today and days recent. all that means is as an individual investor going forward when you look at your portfolio, you need to probably do some rebalancing but takes on pullbacks, which we will get next year, believe me you, and use those times to start to rebuild your stock portfolio because i think things are good going forward, whether beget rate cuts are not. if rates hang out here and the market takes them down as it is, banks, oil companies, consumer discretionary stocks, those are all great places to be as we go into 2024. >> neil: the one thing with mortgage refinancing activity has picked up, i believe demand was up about 19%, likely to see more of that in play that out. >> yes, it does, that is something that has been a strain on the economy, neil. housing market has been very dormant the last six months because rates have spiked on people when they didn't expect to end prices spiked on people because there were a major supply issues. now those things are going to normalize and now they are going to loosen up come exactly what the fed needed things to do because they were not working out the way the fed had been positioned prior to. we are seeing that talk come out of powell, as well, today. looks good going forward, man gets beyond scott martin on that. thank you. i know that gets a little boring for some people but i like to show because mortgages, car loans, essentially 4%, gone down a full percentage point and a little over a month. a lot of people read into that come a much lower, home refinancing, and the kind of stuff people buy appeared here now, "the five." ♪ ♪