Transcripts For FBC Varney Company 20151222

Respect german culture. Trouble for steve harvey. Reports that he was seen drinking before his disastrous mistake at the Miss Universe pageant, and he missed part of the rehearsal. And only one a onegame suspension for beckham. And a blockbuster christmas, we have numbers for you. Yes, the christmas week edition of Varney Company is about to begin. Stuart noel, noel see, thats religious christmas music. And we bring it to you for your benefit, ashley. Ashley what, am i a pagan . The source, Juan Williams, we played this just for you. Im a child at heart. Im not going to pretend i dont love it. I love it. I have tears in my eyes, i really do. Online shopping, oh, it ruled. Ups and fedex are they benefitting . Between black friday and new years eve 630 million packages, increase over last year. Today alone, this tuesday, 36 million packages will be delivered today. Whats interesting is, the record high ten years ago for one day was 17 million. That shows you the impact of online ecommerce. Stuart i have to believe that a large number of those packages are online, with an amazon attachment to it. Me sending you a present by ups, its online. Ashley ecommerce. And its unbelievable, most to mine, and elise williams, she has amazon prime and tells me it costs her nothing, but i think that fedex and ups are making money. Stuart youre a closet liberal, have you got something wrong with fedex making money out of package deliveries . No. I can tell you its a different way of living, thats all im saying. Stuart and one quarter of all american households have amazon prime. A quarter. Online rules. Look at this, the dow will open pretty much flat this morning. We had another hohum reading on the economy first thing this morning and were expanding a the an even 2 per year pace. Not that great. So were going to open a little higher. Were closer to a 16 handle on the dow than we are to a 18 handle. Thats where we stand this morning. A handle . Like a trader. Stuart i want to get the buzzer for that. Not yet, not christmas week. And take a look at oil. Its bounced off its seven year low which was 33 and change. 35, almost 36 as of this morning and you know what . It was fun while it lasted, but theres no 11. 99 National Average for gas. Cue that saxophone, its now 2 even we went up just a little bit overnight. Im very disappointed. Please, look at this. Weve got a map for you, 29 states have a. A price below 2 per gallon. Theres reason to smile. And look at this, the cheapest gas in america is now in indiana, craw fordsville, there is a kroger station, 1. 31, worth driving all that way. Ashley finding it. Stuart and a line up the highway there. The latest quinnipiac toll. Donald trump 28, and cruz at 24, rubio, carson, no other candidate tops 6 . The bottom line for that youre looking a the cruz gaining a lot of ground. Look at this, 50 of voters say they would be embarrassed to have trump as president. 33 would be embarrassed if hillary were elected. Those are your frontrunners and now trump is turning his venom big time on hillary, listen to this. Shes terrible, donald trump is on video and isis is using him on the video to recruit. And it turned out to be a lie. Shes a liar. It turned out to be a lie. Stuart a brief comment from Juan Williams on that performance from donald trump. Go ahead, spill it. I just think its amazing. Its so entertaining. Its like the most amazing if youre watching tv and saying politics at christmastime. Wait, thats donald wait, play that again, play that again, stuart. Hes calling her a liar, hey, happy new year, hearing him calling her a liar. Stuart wait a second, im intrigued by that, 50 in that poll who said they would be embarrassed if donald trump were elected president. I think thats a very important number. It is. Stuart when youre electing a president , youve got to like them, respect them, see them every day for four years, and 50 were embarrassed to have you in the oval office, youve got a problem. You know, look, ill be honest, my business is political analysis for the Fox News Channel and five months ago to you, i would say this guy has so many people Republican Voters say they could never support donald trump i would of said to you, stuart, this guy is going to fade pretty quickly because you can see theres too much of a repository of antagonism toward him. This morning, i think were on december 23rd, you say to me look at the people who would be embarrassed, but look at the numbers at the top of the show, 28 say they would vote for him, remember, he was up to 41. I think hes got a problem with 50 would be embarrassed to put him in the office at the president ial election. I dont know whether they would vote for him. Its what compared to what. Ashley thats the question. Stuart youll stay for half an hour. Cant get enough of Juan Williams. I cant get enough of you guys, thanks for inviting me. Stuart ill take your present and gift later. Fedex. Used to say in the mail now i can say its being delivering. Stuart im turning to a serious subject here, specifically europe, the number of refugees reaching europe this year, just this year 2015 has already passed 1 million and get this, a German Police commissioner says young muslim men are disrespectsful of german culture. Former state Department Official Christian Whiteman is with me now. This is a big deal. It seems to me europe is increasingly religiously divided and culturally split which leads me to think that the entire eu would be split. Is it that serious . I think it could be leading to that. One of the implications weve spent so much attention on greece, refugees out of the mediterranean to greece. It may be looking at britain, there may be an election on this topic. And that the british Prime Minister isnt interesting in negotiating a harder bargain and that europe as a political entity is failing to address the security element, the cultural element and put more movement away from the center. Stuart maybe im going overboard here, but i would suspect that a million, largely, almost entirely muslim refugees reaching the continent in one year, that breaks the camels back. Im not saying the straw that breaks the camels back. But this is the issue on which europe will break. Again, am i going too far . Well, it comes on the heels of other issues and, no, i dont think its too far because were seeing incredible political change across europe. You see the rise of nationalist parties in polled, in france, and spain just had an election where theyre coming even with two parties, so not quite revolution, but for a continent with very stayed, predictable politics, theres a lot of change going on. Stuart and well see a lot more of it next year, i suspect. Thanks for joining us, Merry Christmas to you. Thanks. Stuart hillary insists democrats are better for the economy. Shes calling republicans grinches. Look at this. American families like progress a lot, but the grinches in g. O. P. Ville, it seems they do not. Together they shout with great grinchy zeal that on health care their plan is repeal, repeal, repeal. Stuart ridiculous, Juan Williams, thats ridiculous. Ridiculous. Its ridiculous that we are at that level of conversation about serious issues, but in terms of the content. I dont know its ridiculous because i think that republicans still believe that they want to reveal obamacare. Stuart yes. Thats right. Nothing inaccurate about that. Stuart the Health Care System in america. Input up costs. Deductibles are astronomicals. What you pay before insurance kicks in, thats gone up. Have you noticed the number of people in the insurance in the country, thats gone up. Stuart almost all of them are on medicaid or heaviry subsidized. Were giving them coverage. I didnt know that Stuart Varney had gone toward single payer. Ashley dont say that. Stuart youre welcome on the program, but better watch out. Watch out, santa claus is coming to town. Better watch out. Your imitating Bernie Sanders is too much on this Christmas Day. Ashley stuart, relax. Stuart peace and joy to the viewers. Stuart . Smoke is coming out of his ears. Stuart used to be, juan. Bad news for chipotle. Theyre dealing with another e. Coli outbreak that looks like it could be sourced to chipotle. The centers for Disease Control are investigating five more e. Coli case that is may be linked to chipotle. The most recent case are in oklahoma, north dakota and kansas. And thats different than the larger jut break on the west coast. Chipotle stock is taking a hit from this as well. Its down right now and closed down precipitously yesterday. It was a victory for elon musk and spacex after they launched the rocket last night with 11 satellites for Orb Communications company. All 11 were successfully deployed, you can hear the cheering there. The booster rocket landed back on earth vertically for the first time. Impressive, but amazon ceo jeff bezos, not so much. He operates blue origin, and says welcome to the club, maybe a little late. And odom beckham, jr. Received a one game suspension, beckham appealed this. Its not the first time, he was earlier in a game against the buffalo bills. Stuart i tell you thats not a popular decision suspended only for one game. Steve harvey very sorry for crowning the wrong lady at the Miss Universe pageant. Now there are reports that he didnt rehearse properly. Back in a moment. I built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . Hark the herald angels sing how about that. Can you hear that . It brings tears to your eyes, i know it does. Were playing religious music as we show you the pagans at stonehenge in england. Pagans they are. Thousands gathered to celebrate the winter solstice. Ashley, those are your people. Ashley my father is welsh, if they come there, maybe part of that. Theyre praising mother earth. Stuart theyre smoking weed. Ashley running around naked in the woods. They run around and drink and be merry. Stuart whats wrong with that. Hes a druid. Ask true to they run around nude . Apparently so. To celebrate winter solstice. Ashley not at stonehenge. Stuart the embarrassment always continues for steve harvey reportedly drinking and playing roulette hours before the Miss Universe pageant and entertainment tonight reports he missed the end of rehearseals and didnt practice announcing the winner. Former prosecutor is with us. Sorry to break this on you, can anybody sue anybody . If steve harvey liable in this case . Well, good morning, i dont know if youve heard, but the real news is i am the real Miss Universe, 2015. It was not miss philippines, it was miss korea. But to answer your question, in nevada they have a cause of action called negligent infliction of Emotional Distress and maybe, just maybe, miss colombia might have a cause of action saying i was reasonably forseebly in the zone and could have been physically impacted, i hysterically cried when they took the crown off of me, its a little bit of a stretch, but weve seen stuff for small suits, so maybe just maybe. Stuart there was Emotional Distress after Something Like that. It was extraordinary embarrassment seen all the way around the world. I cant imagine that somebody cant make a couple of bucks off this. How about steve harvey, any way personally liable. He went out there and said, i apologize, its my mistake. If i would bring a lawsuit i would name the Miss Universe organization and steve harvey. I would think that steve harvey would have a moral clause he signed to work for the Miss Universe organization. Bottom line, hes not going to get an invitation to host the oscar and i dont think that theyre going to syndicate a show in colombia, soon, but may have violated some of the part of the contract playing roulette and being inebriated. Stuart if thats accurate. I can tell youd love to take on that lawsuit. You may be in florida, but i think youre on the next plane. Thank you for joining us. Miss universe. Ashley congratulations. Stuart Anthony Weiner was on the program and many of you were not happy to see him. Thats putting it mildly. We have your angry responses next. Feel a cold coming on . New zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45 . Shorten your cold with a snap, with zicam. Innovative sonicare technology with up to 27 more brush movements versus oral b. Get healthier gums in 2 weeks guaranteed. Innovation and you. Philips sonicare save when you buy the most loved rechargeable toothbrush brand in america. Its not going to fit up liftthe stairs. Legs. What time does goodwill close . Google voice goodwill is open till 9pm. Show me a moving company nearby. Google voice moving company within 6 miles. How do i get to 3221 carter ave. . 226 hyde street. Google voice here are your directions. When does my package arrive . Google voice your most recent order has shipped. Thank you. Setting new home address. Text mom i really like it here. I cant remember a more qualified candidate for president. Youve got to find one secretary of state, someone to worked in the white house. Stuart how about her performances in the office . I thought she was amazing. Stuart you heard that. Anthony weiner on our show yesterday speaking about Hillary Clintons run for the presidency. Interesting feedback. I no longer watch tv news as you. If you keep having dopes like weiner, you, too, will lose me. John says, well, youve lost another viewer. Marta says, why are you rewarding carlos danger with air time, should not be encouraged. Juan, your thoughts on this before you leave us . I was curious, why you would have him on and then you said to me, it was because of Hillary Clinton and you wanted to know his thoughts and in fact, hes married to huma abideen, clintons top aide and a strong legacy, if you will, or understanding of Democratic Party politics, as a congressman. All those levels, fine. And i find him unappealing because of that carlos dangerfield. Stuart your wife objected. Ashley why did you have that weasel on anyway. Stuart and im going to interject. Ron on facebook came to us with this gem. Yet another waste of air time. Wow. You have lowered your standards. How can you lower your standards if you had Anthony Weiner on yesterday. Thats an insult. Ashley Merry Christmas. I think that was it. I think that santa claus is not coming to my town. Stuart thank you very much for being on the show this christmas week. My pleasure. You guys are the best, Merry Christmas, and you twin granddaughters. Stuart ive got nine grandchildren. And those with the red hair. Stuart you have twin granddaughters. Juan williams, Merry Christmas. Thank you very much. Stuart it pains me to say, but its dow 16,000, were on the 16,000 watch not 18 any longer, oh, no, 16. The santa claus rally didnt happen, did it . The opening bell moments away. How else do you think he gets around so fast . Take the reins this holiday and get the mercedesbenz youve always wanted during the winter event. Hurry, offers end january 4th fifty or 60 points higher. Around 172, 173. The trading session has begun. Just a couple days before christmas. Twentysix points. Okay. Ashley webster. Elizabeth macdonald, two. Okay. Closer to 16,018,000. What happened . We talk about this a bunch. The haves and havenots. A few strong stocks that have been pulling this out. Finally, those smaller stocks are not the amazons, not the googles, not the facebooks. The lack of broad artistic patient. The energy stocks. 18,300 points. The glass half full. 999. You got buzzed. Stuart thank you very much, indeed the aid comment, please. Did you see the movie . Did you go to the movie . I never go on to one. That is my only investment. It does not appear that we are going to go there. [laughter] stuart it does not appear we are going to go there. What kind of analysis is that . Where do we think we will geten . There is a greater chance it could go down to 1300. Stuart if you just look at the big tech stocks, that is what this market has been all about. Ashley if you take them out, what does it look like then . Liz healthcare stuart Consumer Discretionary stocks. Liz we talk about it all the time. You cannot take the puzzle back. Take a look at the price of oil. By the way, gas, i am sorry to say this, it went up overnight. Two dollars even. Come back in. I want a better explanation. And a lot of people thought it was 30 a barrel. Somewhere near the bottom here. When you are looking at the oil space in general, you go out one year from now, they are 1520 higher than they are today. At some point here, we will find a bottom. I think they will play this space. You are much better off being a buyer than a seller. I think the value is in here. If the economy is ever going to get better, and will be bigger demand as well. Close to a bottom and oil, you will have it nice rally on the stock market. I agree. I think todd is a little braver than i write here. Despite all of that. Stuart that is true. Individual stocks in the news. Chipolte. Type to another e. Coli outbreak. It is down 19 points now. Ashley five new cases in north dakota, oklahoma and kansas. A different strain than the one at the end of october. Chipolte saying we are absolutely revising all of our operating procedures. We will have the safest out there. Do they wash the vegetables in the restaurant when they get them out of the package . That is the answer that we need. Where the problem is. It will be a Brand Reputation issue now. Stuart look at disney, please. This stock is now all about star wars. Espn. That is why it is down from its highs. You talk about espn. Put it this way. Lost in estimated 7 million subscribers. That works out to about 650 million in fees. The biggest profit generator. 45 of all the revenue comes from this specific heart of the operation. Stuart okay. What is happening is they have lost all their subscriber base. Their revenues are up year over year. The cord cutters are sticking around for only one reason. It is not the cord cutters. More revenue per viewers than any other cable. Nbc. Stuart there is a lot of competition at that space. You have nbc, fox, cbs. They all have their own sports now. Taking a couple people away. Plus, way too high paid now. Stuart did you just say talent is to highly paid . Facebook. It is a facebook story. Anyone who has an official page can lifestream. Explain why this is a big deal . Against companies Salah Abdeslam opportunity to lifestream. It sounds all complicated. It is not as complicated as it sounds. It can reach all the facebook users. It can lifestream events. It can live stream whatever it wants. It is huge. I can live stream for everybody who wants to watch me isolate my business. That is a big deal. 105 on facebook right now. Here is a story that Elizabeth Macdonald has been waiting on. Mcdonald has started testing mac cheese. The stock is down. A great performer for that year. Mac cheese. Mac cheese can go with a happy meal. 190 calories. We are talking about the mc rib. It comes and goes. Stuart the same as for chicken nuggets. I will live with that in my head. Why are you looking at me like that . What a time to be alive. Tested and cleveland ohio. It may be rolled out with happy meals nationwide. For dan google. They will build self driving cars together. Get together on self driving cars. Trish you may see an announcement in january. For dan google. Partnering to do a driverless car. Ford can make the cars and google has the technology. It looks like a clown scarf. Liz do you think that this will work . I think that it is the way of the future. They say they want to get rid of the thousands of fatalities on the road. A driverless car situation. Can you get drunk but should mark you may get called upon. Stuart can you get drunk and then get into the driverless car . You liable . You would have to be competent. Talk about star wars. I am calling this the battle of the billionaires. Elon musk versus jeff baze. A successful liftoff and landing in florida last night. Trish on the fifth try. Elon musk has successfully launched a reasonable space rocket into interspace. Welcome to this club. He, actually, his company, blue origin, was first. That is what that is. Stuart were you laughing in chicago . I was laughing. That was a great comment. Who has the bigger rocket did. Private space exploration. My dollars are not involved. It gets a lot of subsidies. That is true. A just charged five satellites. Must have that going for him. Interesting. Liz it goes deeper and faster into space. You learn something every day. The hospital operator. Huge pop yesterday. About 6 Million People have signed up for obama Care Coverage for next year. 6 million signups. This popped yesterday. They got a fouryear extension with that. A series of hospitals. Aetna, the big insurer, extended their contract. Liz the government is not being clear. We have to wait for that essential numbers to get the verdict on the success of obamacare so far. It could be 12 million. Stuart okay. Wrapping it up. We had the big board showing a gain of 28 points. We were up 4050. I am calling this a flat opening. You have to take a look at nike. This is the best performing stock all the dow 30. It is up 55 this year. Not bad. Refugees in europe. Now at 1 million. That is how many have arrived in europe. A police figure in germany says they are not respectful in germany. That is a big deal. John bolton is coming up shortly on what could be the upcoming split in europe. Drinking alcohol. Beneficial in moderation. Yes, it is. Welcomed news right before christmas. Stuart iraqi forces have began to go into a city held by isis. Romani was captured by isis a few months ago. 55 miles west of baghdad. Now very close to taking this city back. Within 72 hours, they will have it. Using the civilians. Human shields. All of those horrible things. It looks like they will get ramadi back. A slow trading session. We are expanding about 2 annual rate. We have a 19 month low for chewable day. Hovering at the 500 level. Another e. Coli outbreak across the states. An alcoholic drink a day could actually make you healthier overall. You avoid Serious Health problems for men if they have 14 drinks in a week or four on any single day. That is fourman. You are okay. That is moderation. I am not buying that. There was this huge study done. Looking at over 200,000 men. If they have a drink or two a day, they will live longer and have less Heart Disease then if you do not have any alcohol at all. Alcohol poisons the letter. You may already have a damaged liver. Alcohol is made into poison in the alcohol. It does relax your blood vessels. It may be of benefit to the heart of some kind. If you are already having a glass or two of wine a day, it probably will not hurt you, holloway. I will never tell a patient to start drinking wine. It is a study out of great britain. They think more clearly when they drink. The more they drink, the more clearly they thought. Stuart i became an american this year for very good reason. [laughter] moderate drinking is okay. You do not recommend people start drinking moderately as they do not drink at all. Kiss of death. No drinking at all. I think if you do not drink at all, i would not start now. I do not know what the b is right now. They follow us over 10 years. This is all by survey and report. Onetwo drinks a day is probably okay. That is for women, by the way. [laughter] stuart thank you, everybody. Interesting subject. Look at this. Xbox. Xbox. From microsoft. A game console. Having a huge christmas sale. And a a lot of people excited about that. Details in a moment. I built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . On their auto insurance. Wouldnt a deal involve two parties discussing something . A little give . A little take . Because last time you checked, your rate was just, whatever they say it is. Why not give you some say in the matter . Or even better let your driving do the talking. Liberty mutual righttrack finally puts you in control of your rates. All you have to do is connect, drive and save. In fact, safe driving could save you up to 30 . With 5 off just for signing up. For righttrack. And the discount is good for the life of your policy. To get started, visit a local office or call Liberty Mutual today at take control of your rates. Visit a local office or call see Car Insurance in a whole new light. Liberty Mutual Insurance two moments ago the dow turned negative. We are up 12 points. That is all we have for you this Tuesday Morning thus far. Nasa captures a stunning image of earth. The images composed of a series of shots in october. This is considered to be a very rare event. [laughter] how about this. F box. The games console. The biggest sale ever. Games up to 60 off. It starts today. If i have this right, you download. You do not have to wait for fedex to deliver anything. You can get it today with a big discount. That is the story . Have we got an audio problem . There we go. Patrick, you heard me . You can officially downloaded over the internet. I am not aware of this whole universe of gaming. You tell me. It is a huge deal. The timing is, essentially, perfect. It goes after christmas and the holidays paid once they get their new xbox, they can load up on new games then. Stuart popular games on the big discount . These are actually some of the hottest titles out there. There is a little bit of a catch. To get the biggest discounts, you need an xbox live gold subscription. Microsoft is definitely benefiting from this as well. Stuart have you ever done this before . I cannot remember. This is an annual thing. They have extended it and put more titles on sale. We will see more than games. We will see movies and apps as well. Stuart xbox and playstation. Is that correct . They literally run neck and neck. Station for is ahead. Xbox came. It clipped the playstation with the halo five franchise. They do get back and forth. Stuart amazing. Patrick morehead, thank you for being with us. I know this is an important subject for a lot of people. How many homes were sold last month . Breaking news at the top of the coming hour. The final read on home sales for the year. We will have those important numbers for you. Especially if you are a retailer. They may have stolen Nuclear Plants while they were out it. Second our varney and company is seconds away. Gay let stuart we are awaiting news on how many homes were sold in the month of december. It is 4. 76 million. Of bigness. Lets get this straight. What we are talking about is the number of existing homes that have been sold or are selling at an annualized rate. The annualized rate is 4. 76 million homes sold. That is very slow. Ashley slowest pace in 19 months, in a yearandahalf. Stuart jason knows the real estate market. You are our real estate guy. This is a run number. It is a run number and we have been talking about this for quite a while. Economy is not doing so well and jobs, some people pay their homes with, gdp numbers came out today, we have a sluggish economy and that is what is happening and the overseas buyers are starting to dry up and i am very concerned about markets like new york city, San Francisco, miami, there is something to be concerned about. Stuart the markets you mentioned especially San Francisco and new york city those markets have been pumped way up there by a lot of foreign money coming in and theres a lot of talk that a high end stuff in those two cities is essentially in bubble territory. Sounds like you agree with me that that might be a bubble about to burst. That is right. 4 million is drying up. Between 3 and 4 million is very tough, below 3 million you are seeing a lot of trading but i am concerned and also the fed rate increase is going to be material, i know it is extremely low but i am still concerned about the spread having an impact. Stuart when you say you are concerned one not concerned about a crash in the housing market, you are concerned it may cause and it is not in good shape. If you are real to you are not happy. Is that the case . I think we create we have created bubbles, federal Monetary Policy at zero. People were buying homes because Interest Rates were extremely low so i think the market needs a correction in certain markets, not all because realestate is local but i am concerned the rates are going to have an impact. Stuart thank you for joining us on an important day. I will repeat the news we are selling existing homes at an annual rate of 4. 76 million. Year. That is a low number. As i recall, adjust go back to the early part of the last decade, 2004200520062007, worked with selling almost 7 million homes. They were expecting 5. 35 million. No response on the market by the way. We were up 15 points when the news broke, now we are up 30 points. Look at that, down 10. 5 month over month existing home sales for november. How about chipotle, a casualty of that eagle eye stuff. Another outbreak there and jacobi stock is down another 20, worse yet, jpmorgan has downgraded chipotle. What is the e coli story. Ashley you use the keyword another eagle eye outbreak, five cases investigated by the ftc, the question is are these related to the big outbreak at the end of october, we have 53 cases, the cdc is not sure, it looks to be a different strain. Bottom line is it is hurting the stock, it is in down 3. 5 yesterday, down today, another 3 sold. I think 7 loss in the last couple days and continuing to save up, we are reviewing everything but no doubt theyre doing everything they can. Stuart they have an image problem, branding image problem, they are doing everything they can, hats off to them that they have a problem. They have to problem we will force our workers to watch the vegetables when they unpack them. That could be the issue. Stuart back to that again. You think that is the key. They went from farm to brio and made a big deal about the integrity but if youre going to do that an antibiotic cream needs you have to make sure the food is clean. Stuart interesting stuff. I am going to check the big board, we are still up 30 points and will refer to something jason told us which is the gdp report, gross domestic product, we are expanding our economy at 2 annual growth and that is not much. Were 26 points for the Dow Jones Industrials. Take a look at 90, theres a winner, the best performing dow stocks this year so far is the 35 , 130 on 90. Online shopping king of little this christmas, ups says it may deliver 630 million packages between black friday and new years eve. Look at oil right now it has bounced off of its seven year low which was 33 a barrel, we are about 36 as of right now. I got to say it was fun while it lasted. One day we had the National Average for gas at 1. 99 went back again, half a cent overnight, now is 2 even. Got it. Yesterdays tragedy, terrible story, six American Service men were killed by the taliban in an attack in afghanistan. In response to White House Press secretary, released a four sentence paragraph offering condolences to the family. American Enterprise Institute ambassador john bolton is with me now. Is it me in or did the president not do enough in responding to that dreadful dreadful death of six soldiers in afghanistan . A couple of lines from the press secretary. However this is part of a pattern from this president. When it is not politically suitable for him to talk about the sacrifices that our military makes in trying to keep us safe. He is happy to hand out congressional medals of honor that allow him to give a speech in the white house setting but he has for seven years failed to make the case that the sacrifices that our Service Members are making overseas are to keep us safe at home and this is to be blunt about it, this tragedy, inconvenient for the president s narrative that the war on terror is basically over. Stuart theres one other racial and want to bring to your attention, we had officials statement that 1 million refugees and migrants had entered europe this calendar year, 2015. Furthermore we have a German Police officials saying these muslim men coming to germany do not respect germanys culture. Seems to me like europe is at the splitting point, they have a religious divide, cultural divide, how long before the European Union itself is divided and splits . I think the European Union is under enormous strain and this flow of refugees out of north africa in the middle east which this year has reached extraordinary high is of major contributing factor. Germany is the locus for a lot of these people, Angela Merkel said a few months ago she would take 800,000 refugees from syria. That is equivalent to 1 of the german population. For us that would be 3. 5 million refugees and i think this police officials, a woman herself an immigrant is reflecting in her comments some of which we cant say on the air just haow many regular germans feel. These are people worried about the safety of their own homes and is a widespread feeling across europe and european integration. Stuart it is not a story we should be taking account of here in america. The Muslim Population within the United States is very small, it is very large in europe and they have a cultural split. Should we similar concern about a cultural and religious splits in the United States and can i ask that question without being labeled a hater and a bigot . You probably cant ask a question without the consequences the one of the major differences between the United States and europe over the past couple centuries is america has been a successful melting pot, a tribute to our open society here that we have taken millions of immigrants from radically different cultures and made into americans. They have not ever succeeded in doing that comparable task in europe and they are paying a price for it now. If we start to see that failure of the melting pot to bring people into a common culture than i think we will have the same problems they do in europe now. That is inevitable. I think our country is entitled as a condition of citizenship to demand respect for the culture and the constitution. That is what National Sovereignty is all about. Stuart i just swore an oath to the constitution when i became a citizen. I did. I was happy to swear that oath. I think everybody else should be too. We are glad you are here with us. Stuart i didnt ask for that comment i am glad you made it. Merry christmas to you, thanks very much. How about this . Hillarys camp responding to this comment from donald trump, roll that tape. Everything that has been involved in hillary, even a race she was going to beat obama. I dont know who would be worse. I dont know. How does it get worse . But she was favored to win and she got she lost. Stuart we believeed out word. Clinton director of communication jennifer palmery tweeted this. We are not responding to donald trump but everyone will understand the humiliation degrading language conflicts on all women should. Ashley it is donald trump being donald trump. Every time you say is this the one time that will do it for him and apparently not, that is a pretty standard response. Understandable saying this is an attack on all women. Stuart donald trump use an obscenity. A mild obscenity. I am not sure he understood what it means. Stuart he said it. And the response never heard it used in that way. Stuart has he gone too far . We have been asking this for months. Ashley he still leads in the polls. The accumulation of all of this is going to stuart ted cruz is coming on strong. It turns out money might actually buy you happiness. I always wanted to give a shot. Jo lin kent has details in case you missed it. Jo lin you can buy happiness but it is not objects. It is about experiences. Researchers at the university of British Columbia say people derive more happiness from buying Life Experiences than material objects. If you procrastinated on holiday gift spring for the cooking class instead of pots and pans or a guitar lessons and itunes gift card. People identify more with experiences than positions. Stuart i am with you all the way. Things dont matter as much as the way you spend your money and what you do. Jo lin we dont exchange gifts, we only do trips. Stuart you youngsters. Well done, well done. Jo lin moving on, Pure Research says 15 of americans have cut their cable cord along with 9 who never subscribe to cable or satellite tv but they are not necessarily getting broadbent internet at home to replace it, 42 get everything from their cellular devices like smart phones and tablets. After several films elon musk celebrating the launch and landing of his how can rocket last night. Throwing some shade. After the successful landing he tweeted congratulations on landing out an ad suborbital booster stage, welcome to the club. They landed the rocket vertically in november. Stuart we will take it. Iranians hack into a them in new york state. A gain control of the flood gates on the dam. Did those hackers get their hands on anything else like Nuclear Plant . That is the question. Stuart we are dead flat. How about oil . We are at 36 even, up 0. 19, steel case, disappointing profit forecasts 20 , that is a 52 week low. Iranian hackers, iranians back in 2013 breached the control system of a damn about 20 miles outside new york city. Cyberwarfare guy robert lee joins me now. Welcome to the program. What is this i am hearing about a got morrison just access to saddams controlling floodgates . Is this suspicion they got a Nuclear Plants as well . Not exactly. It is concerning. The report from the wall street journal followed by another report by the Associated Press looking at power grids focus on our main activity and it really good job identifying focus by adversaries and infrastructure but there was potentially misleading statements in both of those reports, an intentional, that would cause some alarm, primarily the fact that small dams in upstate new york, it doesnt look like anything was actually hacks or infiltrated, looks like adversaries were able to Access Internet connected devices. Stuart by getting access to the dam and a Software System which worked the dam they did not get access to anything else. No. This was a facility that looked like it had won control system, not much to it but more importantly there was no real compromise. It was a device that was easily accessible by anyone over the internet, a little more stuart this is interesting because you are throwing cold water all over what would have been up pretty big scare because if they get real access to let them and open the floodgates and out came the what you have a security problem and a half, you say that was never in the cards. Absolutely. You really do have concern about these events you dont want folks accessing infrastructure and having physical one of the problems is problematic to explore the Technical Details in a non technical. Stuart if it was you, if you had done what iranians did could you have taken it further and opened the floodgates . It doesnt look like that was even accessible so no. Stuart long story, it isnt. Robert lee, what is your middle initials . Michael. Stuart thank you very much for joining us, we appreciate it, thank you very much. Here is a look at ubs, they have a lastminute holiday gift rush and it is on. 96 per share. How many packages . Ashley i have stacks for you. Between black friday and new years eve, ups has handled 630 million packages to they all learn, 36 million packages today on. For context ten years ago their record day was 17 million packages, that is the power of the internet, the economist, the power of amazon. A lot of people not going to malls, finding parking spots, going online and ups and fedex also up 12 year over year. It is a package. Stuart 86 million packages today, is that just ups . Just ups . 36 million today. That is a stunner. Online bonanza. Morrison two trillion dollars parked overseas by american corporations. Why cant we get that money back here . What a Stimulus Program that would be. What dont we do that . Because of the president , back in a moment. I built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . Stuart jacobi dropped below 500 a share, that is a 19 month low. The cdc says chipotle was tied to another eagle albritton three states and jpmorgan downgraded the stock sitting at 500 a share. Hillary clinton says isis uses donald trump videos to recruit. Donald trump calls mrs. Clinton ally air. The trump show rolls on. Than n. Y. Giants wide receiver suspended for dirty play, Odell Beckham, was he provoked . Does that matter . We will discuss it. Think what a shot in the arm it would be if just some of the money are corporations keep overseas would have come home to america, think what a huge Stimulus Program it would be. Over 2 trillion isthe average air. Why cant just some of it come back over here . Answer, the president s never changing far left ideology. He is as anti business as they come, mr. Obama insists on a 35 tax rate, the highest in the world, that is his idea of pushing their fair share. In wont budget. Neither will american companies. Apple keeps tens of billions of receipts and its ceo tim cook effectively told the president to get lost, 60 minute asked about bringing money back home. No, he says, fix the tax code. Twice as this year the treasury tried to stop companies from relocating overseas to avoid the sky high taxes the state failed. Just this week illinois lost another corporate giant. The president got political start in illinois and now they are driving money away. It could be oh so different, a Corporate Tax holiday or a tax cut. What is wrong with ameritechs rate that brings in a lot more tax dollars but the president wont do it, he really doesnt like business. That is a shame. He could have given america a trillion dollar christmas presents. Instead all that money will stay overs air. Stuart we are 50 points ahead at this point. How about the price of oil . The relationship has been broken for now. Up 0. 50. Mcdonalds. They started testing mac cheese. Shares near the alltime high. Mac cheese. Hillarys camp responding to this comment from donald trump. Everything that has been involved, even the race to obama. How does it get worse . She was favored to win. She [bleep] lost. Stuart we bleeped it out. It was a reference to male anatomy. We are not responding to trump. Degrading language on all women. Our friend camera holder is back with us. Okay, tamara, welcome to the program. It seems to me that donald trump just invited this war on women, and the camp. Donald trump just cannot get enough of media and promote in Hillary Clinton. He is addicted youd he literally needs rehab. He started with rosie odonnell. This is a man who is addicted to creating firestorms could these little tornadoes. They will apologize for her comments. They came out this morning. They asked people, i am not sure of the precise wording, would you be embarrassed if donald trump was the president. I think that that is a huge negative. I think you will agree with me on this one. Yes. It reminds me of jason peter paul. Blew off his fingers with fireworks. All of a sudden, you just roll off your hand. It is exciting. He will blow off his hand. He will absolutely fire apart. That is what is interesting. Everything he does he has more points. You have to vote for them as president. You are thinking can i see that person sitting in the oval office. They may have gone overboard. Near the nuclear button. Stuart how about this one for you, trump or steve harvey. Ms. Universe. There are reports that he was seen drinking before this disastrous mistake at the Miss Universe pageant. I drink every morning before the show. [laughter] i dont. Stuart a disaster for steve harvey. Trauma for ms. Columbia, for heavens sake. She out of anybody is getting all the attention. Good for her. This is what they are living their whole lives for. To have the crowd literally ripped off your head. The most awkward moment. These are womens careers. They are taken very seriously. Stuart steve harvey loses the most. He is the big loser from this. If he was drinking and if he did not take this seriously, then yes. If this is just people talking,. Anabaptist female. Are you approve of beauty pageants . I could never compete in one. I did not grow up in that environment. I never knew anybody that competed in the pageant. I just do not know that culture. It is a huge culture. I cannot even comment. Stuart i know that you are interested in sports. Oh dell beckham junior suspended for one game. He launched a missile at that guy. Suspended one game. Your opinion is . My opinion is that behavior is absolutely unacceptable. Everybody lives are dependent on this. The reports are that he was provoked by an antigays were being watched at him. By panther players. He was acting like a ballerina. All of these things that make him a worse winging it towards him. The implication was that he was provoked. He took the bait and did what he did. An analogy. He looked like a poodle. There was conversation back in the 90s about whether or not your behavior on the field was justified. What would you have done . Ten games or half a season . He has been find so many times. It takes game after game after game to get suspended. Stuart thank you very much. Okay. Thank you very much, indeed. All right. To the airport. A new way. Easing the stress. Pro eminem what do you mean, right . Are you in that . Not all the time . You are not flying southwest. Stuart thank you very much, everybody. Here it is a look at the big board. Market watcher is with me. What happened . What happened . Was it you that was saying we would be at 18,000 by christmas and we are not there. What happened . I did say by year end. Unfortunately, right now, it looks like i was wrong on short term. The fed is finally going to start moving rates up here and and over the longterm, 1224 months, that will prove to be very positive overall. Stuart at the last time you are here, you said you like exxon, amazon and apple. Those three stocks them out to you. Amazon has gone up consistently. Thought still providing a very nice dividends. Apple, that is the problem. What happened . I think they are questioning whether or not there will be bringing value to the consumer. I love the overall business of apple. 200 billion of cash. They are expanding their exposure in the china market. It is a terrific business in the long haul. We take a look at the 10 year treasury note did you rather buy government bonds had his two window corner or a business that pays you to present with some possible appreciation. Stuart the iphone sales figures for christmas. That stock moves. Would you agree with that . Yes. Absolutely. Speak to you by that 107. I would. You will see them come in with some buybacks. Speak to him to very much. We appreciate it. If you. Brutality prices. Someone fixed it firsthand. And reacting to this after the break. We now are finally where we need to be. Oud of you we have a strategy and a commitment to go after isis which is a danger to us as well as the region. It meant a lot to him. Yes, ge makes powerful machines. But ill be writing the code that will allow those machines to share information with each other. Ill be changing the way the world works. interrupting you cant pick it up, can you . Go ahead. He cant lift the hammer. Its okay though youre going to change the world. Nicole i am Nicole Petallides. The Dow Jones Industrial act. A gain of one third of 1 . The s p 500 up 7 . The dow winners include intel, walmart. Caterpillar. That is up three and a quarter percent. 1074 apple. Off the highs. Conagra foods. It turns out sales miss on weak demand. Turned around to the consumer foods maker. That is up one third of 1 . Abercrombie and fitch. Merchandise. Turns out very well. Sorry your day every day 5 00 a. M. Nobody move get on the floor do something oh im not a security guard, im a security monitor. I only notify people if there is a robbery. Theres a robbery. Why monitor a problem if you dont fix it . Thats why lifelock does more than free credit monitoring to protect you from identity theft. We not only alert you to identity threats, if you have a problem, well spend up to a Million Dollars on lawyers and experts to fix it. Lifelock. Join starting at 9. 99 a month. Stuart nike stock today. The best performing stock of the here. It is up again this morning. 130 on nike. The iraq eat ground troops. This is an attempt to retake it from isis. This is a big deal. Taking back from isis. We talk about the horror of isis all the time. My next guest saw it firsthand. Sarah carter. For the benefit of our viewers a did not see you a couple of weeks ago, told them about what you saw. Go. It is incredible. The enormous amount of death and destruction is something that is inexpressible. The bones still left behind. Areas completely deserted. Villages completely abandoned. Muslim townships. Completely obliterated. Isis innovations. I do not think the American People understand how gruesome and how deadly it is for the people that live in these areas. What islamic states have been able to accomplish in the last year. When the leader actually duke laird. It is incredible. Hillary clinton says weve got them. Weve got them where we want them. I say no. Absolutely not. Based on that evidence i have seen. Based on the people i have spoken to. Isis swept from syria into iraq. Nobody did anything. They took over in nor ms. Territory. Only 14 according to intelligence has been regained back they cannot hold grounds. That is a problem. I think that that is a problem we will see in romani. Can they hold this ground . According to the people that i have been speaking with, it will not be possible for them to do this without support for him the United States and the rest of the world. You have cereal and the russians playing their own game in syria. The United States trying to do something which they found almost impossible. United states is ignoring intelligence. The cia. Other western and european forces. It will be a long war. Stuart thank you very much. Now this. Authorities say they are intensifying their search for the texas teenager who they are attorney attorneys claim was suffering from affluence up. I think they have gone missing. A black ford 150. Left the country. He got only probation after killing four people, paralyzing his friend. You could hear the crash and mile away. He was 16 at the time of the crash. His lawyer said his family is so rich. You cannot distinguish right and wrong. He is turning 19. They wanted to make sure he served out his probation. That is a video tweets of them playing a videogame, beer drinking day. They think that he and his mother fled did. Stuart a black ford f150. Maybe out of the country. The Canadian Border or the mexican border. That is what they think. That is what they think. They do not have any proof. The attitude is they are above the law. It is stuart for people. That is extraordinary. Ashley he got 10 years probation. Stuart pretty much a stalemate. Heading into the immediate christmas holiday. Triple chipolte. That stock has a huge problem. Down 22. On hillary and trump. 11 30 a. M. This morning. I built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . Stuart ron on facebook just came to us with this gem. Another waste of their time. [laughter] Anthony Weiner. That is really an insult. [laughter] stuart good morning. The real news is i and the real Miss Universe 2015. One of the big implications, so much attention on refugees. Some of the biggest implications in great britain. They are considering an exit from the eu. People suspect that the british Prime Minister is not serious about getting out to negotiate a harder bargain. Those are your highlights for the first hour of Varney Company. Tune in for all reaction. Stuart lets get on to this story. A look at chipolte. Down again. 4 today. Lost three in a half yesterday. It didnt drive below. Centers for Disease Control down. There is another round of e. Coli cases related to the company youd just flock is in chicago with the latest details. It seems that may be the source of this, and it has not been determined yet, the very thing that makes triple day so popular with all of its customers. That is the way they source their food. Not from some farm factory, but from local sources. We source from farms rather than factories. We spend a lot more on our ingredients. We would not have it any other way. They have multiple sources out there. Close to the stores like this one you see behind me. When there is a problem, they have a difficult time figuring out where it came from. Also, with those multiple different sources, it is hard for them to maintain control. Taking all the ingredients. Chipolte, for example, had been shipping their tomatoes directly to the restaurants. The control is there. And right now, well, not good times for chipolte and the big scare, i guess, ashley, this is what defines them. Ashley yes. Unfortunately, what is defining them with all of these e. Coli outbreaks. Fresh food youd. Exactly. Certainly having an impact on the stock today. The war on christmas continues. A hospital in texas. We will tell you what they are taking away. The third hour of arnie starts in just a few minutes. You may not even think about the energy that lights up your world. But we do. Were exxonmobil. And the cleanerburning natural gas we produce generates more of our electricity than ever before. Helping dramatically reduce americas emissions. Because turning on the lights, isnt as simple as just flipping a switch. Energy lives here. Stuart if donald trump is elected president , would you be embarrassed . Thats the question that quinnipiac pollsters asked. Half said, yes, they would be embarrassed if donald were sitting in the oval office. That is a big and very important number. This is a president ial election. It is different from any other kind of election. Were voting for the person who will be on tv every day for four years or more. And that means personality counts. Demeanor counts. The way a president comes across counts. These are the things voters consider when theyre electing a president. He or she is our leader. They represent america. We have to see and hear that person constantly. They shape the way we think of ourselves to some degree. Youve got to be comfortable with them. So when 50 say trump would be an embarrassment, trump has a big problem. Now, some may swallow that embarrassment and accept a brash, in your face kind of guy. Some will not. As the election gets closer, people will be asking will i pull that lever . Will i be okay with trumps personality as president of the United States . I suspect if trump really wants to be president , hes going to have to get that 50 number down. Way down. Lets see if he can do it. Lets see if he even tries. Stuart news on the foreign front so to speak. Iraqi Government Forces are trying to retake the isis held city of in central iraq. Ashley yeah, theyve taken a couple of districts within the city, it was an embarrassing defeat when they lost to isis, they estimate about 70 hours away from taking it, up to about 300 militants left in the city, it is completely surrounded and cut off to ties to isis, and it is suspected to be retain. So symbolic, it is a big deal. Stuart but it could be get really, really nasty if theres ashley well, isis theyll use every civilian as a human shield, so, yeah, its happening. Stuart but happening right now. Ashley major offensive and u. S. Air force also helping with air support. Stuart all right. Donald trump attacking Hillary Clinton again. This time using very derogatory term. Using that word in his commentary. Roll tape. Everything thats been involved in hillary has been losses. You take a look. Even a race to obama. She was going to beat obama. I dont know who would be worse. I dont know. How does it get worse . But she was going to she was favored to win, and she got she lost. Stuart okay. We beeped it out, but that was a reference to the male anatomy. Clintons reference communications tweeted this immediately in respond. We are not responding to trump but everyone who understands the humiliation and degrading women should understand it. Come on in, williams. Trump just walked right into it. I mean he used lewd language and now setting up an attack youre against women and being crude with women. I mean its just its shocking, isnt it . No, of course its not. This is the childish crude behavior that weve seen from trum to some degree so far. I agree with your take. Merry christmas early. Youre brilliant in that but heres the problem. These high poll numbers that trump has been touting, and they make him feel very good. Hes up 40 , i think they will bite him in the butt in the end because it gives him this false confidence that he thinks it doesnt matter because hes polling so low right now. But youre right, when people go into that voting booth and its time to pull that lever, i think they will think twice overall about some of the things. Now, if he scales that back, makes those fixes, perhaps he will be okay. Stuart if he scales it back. But i dont think he has any incentive to scale it back because hes doing sole right now. Stuart yeah, the number. 50 would be embarrassed if he were in the oval office. That number is out there. Its a big problem but heres the other part it tells me, stuart. 50 are willing to say that i rather be embarrassed if i believe this is the guy that can protect us from harm. Stuart 50 not embarrassed. Well, not embarrassed enough perhaps. Not embraced enough and thats what hes banking on. Stuart you dont think he will try to change . That was the last part of my commentary there. Lets see if he tries to change. He will only try to change if he sees those numbers drop. A man of polls. Stuart quinnipiac poll 50 embarrassed, that same poll showed ted cruz two or three points behind donald trump. 28 or 24. Cruz is coming on strong. Sure. There are two groups that cruz is leading with. Very conservative voters are polling for cruz and also those people who identify as tea partiers. Stuart and christians. Yeah. Stuart who will not like language from donald trump. Of course theyre not. But whether trump is hearing what were saying, thats the question. If he can win being, you know, the middle school teenage boy throwing around dirty language, he will. He enjoys it. He has fun with that. Stuart he certainly did in that take we just ran right there. Ebony williams, everybody. This is just one year left in president obamas term actually more like 11 months, liz peek is here. You have a column in which you say the president is out of sync with the country. You have some concrete examples . I do. Lets talk about the priority the white house has set up for the last year. Closing guatemala where more than half of americans oppose that, 27 behind it. And also gun control. Where for the first time in 20 years more americans dont favor more gun control and that is what the president is going for. And, by the way, this has been seven years of obama being pressing for Climate Change agenda, which is really not on the American Peoples agenda. Going for obamacare even though it has been resolutely unpopular since the day it was proposed. I mean it is really remarkable if you go back and look. Almost every major push he has made has been really thwarting. Thank heavens. Stuart you dont think hes going to get any kind of gun control or gun control that he wants . But he could go the executive order route. I think he will try to do that, simple he has been reduced to doing executive order management if you want to look at it that way on immigration and a number of other issues because he never wins the popular vote. He never wins, you know, basically the backing of the American People. So congress isnt going to weigh in on that. We know gun control isnt going to get through congress, so hes going to go for, yes. Small measures which are aiming at background checks and other things which are not going to have much impact. And, by the way, would not have any other impact on the last two incidents, which severn talking about. Including san bernardino. Stuart all right. , liz, thank you very much indeed. Are you with me for the hour . Liz i am. Stuart up for punishment. Check the big board, now up 43 points, thats not much on a 17,000 index. We were on 18k alert to watch for that. Not anymore. Actually looking to see if it drops before 17 and goes to a 16. We shall see. Up 44 as we speak. How about the price of oil . The proprietorship between on oil and stock seem to have been broken. Oil up, stocks up only a tiny fraction. 36 for the price of crude but look at gas. What a disappointment. We sounded the trumpets yesterday when we hit a National Average of 1. 99. Were up today. 2. Im disappointed. Ashley it went from 1. 99 stuart yeah, but i like oh, look at this. The map you are seeing is the 29 states in america which have an average price below 2 as we speak. Ashley there we go. Stuart im cheered up. Even more about this. 1. 31 thats what you pay for regular gas at the kroger in crawfordsville, indiana. Ashley you get a bowl of soup with that as well. Liz and a doughnut. Stuart weve been following the price of oil on a daily basis for you, im happy to see oil goes down because the gas doze down. Im happy when i go to the gas pump. However, theres another side is Foreign Countries which depend upon reasonably high price of oil and theyre going bankrupt. Peter mauricey is with us. So if you balance it all out, you add it all up, is this good news that oil is at 34, 35 a barrel or bad news . I think its bad news. Overall i think the country would be better off with a stable price at around 60 a barrel. The reason oil is down is the same reason the stock market is down because the economy isnt growing rapidly enough and broad things look very bad. Thats why both are down. If we had a more robust economy, so we could afford a little bit more oil and once more the domestic industry would be in so much better shape, and we depend so much less on the middle east long term that way. Stuart everything is down whether its greens, food prices, i mean food at the wholesale level the commodity level or oil is down, led is down, aluminum is down, you name it and its done. Most of them, copper cut in half. That cannot be good news in a Global Economy, can it . No. The reason for that is that the Global Economy just isnt performing anymore. Theres a lot of inbalanc imbalances. Currency imbalance that i talked about. Also services into things of that nature, and we have overexpanded thanks to chinese subsidizing and we have a lot of over capacity. But long term if the economy grew, these prices would rise, these industries would be healthier, and we would be better off. Stuart i sense deflation falling prices just around the corner and thats a huge negative. Are we close to that, peter . No. I dont think so. If you take out Energy Prices from the Consumer Price index, were running fairly close to 2 . The thing is the Service Sector keeps cracking along. So i was amused yesterday when the wall street journey said inflation and health care at ease. Its still well above the average of 2 , and i think were going to continue to see that. Obamacare causing a lot of inflation, for example,. Stuart so we dont have to worry that much. Is that the case, peter mauricey . Exactly. This notion of 2 target is absolutely ridiculous. No empirical evidence suggests we should have it. It was something put in place 2012 by the fed after it became infiltrated by a lot of obama appointees. In the old days we used to say 0 inflation. The history of the economy indicates thats a good place to be. Stuart okay. We hear you professor peter mauricey. Thank you so much for joining us. Thank you. Take care. Stuart six u. S. Soldiers killed in afghanistan. The White House Press Office Responds with a two paragraph statement. This is part of a pattern from this president when its not politically suitable for him to talk about the sacrifices that our military makes in trying to keep us safe Stuart Sergeant Bowe Bergdahl appeared in court with his right. , he left without a plea, what happened there . Ashley yeah, he deferred his plea, which hes able to do. He was in front of a military judge in north carolina, all it is can decide what lawyers he wants for his defense. A mix of, you know, Court Appointed or military. Bottom line is hes deferred that. And the big decision does he go before a military judge or a group of officers . He has that choice as well, which hell make next month. If he gets courtmartialed, hes facing lifetime in prison. Accused of desertion and misbehavior. He just walked off his post in 2019, was captured by the taliban, held for five years and brought back after we swapped five prisoners from gua guatemala bay for him and that he got heroes welcome at the white house and now facing life in prison. Stuart and not just any other swap, it was five ashley yeah, five. Stuart okay. How about this . A 19month low for the stock price for chipotle. The center of Disease Control said chipotle is facing another e. Coli outbreak, that stock is now down 23 this year. Now below 50 a share. Meanwhile mcdonalds started testing mac and cheese at some locations. Close to an alltime high, now its just backed off a couple of bucks. Mac and cheese at mcdonalds. Check that big board. Weve got a hohum read on Economic Growth this morning. Expanding at a even 2 rate. Not that great. Stocks up 50 points for the dow. And now this, a Suicide Attack at the air base in afghanistan yesterday left six americans dead. The president has remained virtually silent on it. The White House Press office did respond but with just a twoparagraph press release. John fleming from louisiana. Congressman, i think the president missed an opportunity here to relate to the country and relate to the troops. What say you . Will, stuart, Merry Christmas, and youre absolutely right. This president , you know, the most Important Role of being a president is commanderinchief and his heart is not in it. President obama has never liked the role of being commanderinchief and in this case hes literally phoning it again. Hes what he should be saying and what the people of america would like the president to say is im going to find those who are responsible, and im going to hunt them down, and im going to kill them. But, unfortunately, president obama, his heart is just not in it. Stuart now, i want to turn to the big spending bill, which is now the law. I know you voted against it. But its a spending bill which a lot of people are very, very unhappy with because it comes from a republican congress, and it looks like it comes from a democrat congress. On this program yesterday congressman marble blackburne said just wait until next year. Were going to fix things next year. Annually Congress Next year. I know youre running for the senate, but annually congress. I want to know what youre going to do. Specifically what are you going to change next year . Stuart, we have heard this time and time again. Stuart yes, we have. Next year were going to make a difference, and we never do. We allow deadlines to come up, and we we throw down our weapons and get in and pass all the democrat priorities and get none of our own. Ill tell you what speaker ryan says were going to do, and i agree with it if hell actually follow through with it and that is well take up Appropriations Bills early in january, start, pass them all through, get done by early springtime and what we should do, but i havent heard this from speaker ryan is we dont take up anything from the Senate Unless they take up our Appropriations Bills and furthermore we dont allow anymore hard deadlines to decide whether were going to shut down government or whatever. If we have to do two week crs or whatever it takes, we stay in there and continue to fight for our priorities, the american priorities until we get bills passed that are really a true compromise where were getting conservative values as well liberal. Stuart i know youre running for the senate in louisiana. Youre running as a republican. Will you tell our audience right now that things will be really, really different next year . Some things will go, some spending will go, there will be no additions can you promise them that . Because youve got to make the promise to the people of louisiana if you want to get elected. Well, stuart, i make that promise that i will fight to make things different. As you know im a cofounder of the House Freedom caucus. We made big changes in the house. We forced the speaker to resign, and we blocked the second in command from taking over. And im going to continue to fight for the values of the American People. I cant guarantee you that 434 other members in the house will do the same. But we have a growing body of conservatives in the house and in the senate, and we intend to turn this place around. Stuart okay. Youll come back next year, well do a report card. If im still here. Absolutely. Stuart congressman, john fleming running for the senate in louisiana. Thank you so much for joining us this morning. Thank you. Thank you, stuart,. Stuart now, you heard the expression war on christmas . Well, it appears to be there. This time at a Veterans Hospital in texas. Well tell you what theyre taking away from our vets in just a moment i built my business with passion. But i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. I earn unlimited 2 cash back on everything i buy for my studio. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Thats huge for my bottom line. Whats in your wallet . When youre on hold, your business is on hold. Thats why comcast business doesnt leave you there. When you call, a Small Business expert will answer you in about 30 seconds. No annoying hold music. Just a real person, real fast. Whenever you need them. So your business can get back to business. Sounds like my rides ready. Dont get stuck on hold. Reach an expert fast. Comcast business. Built for business. To discover the best shows friends together and movies with xfinitys winter watchlist. Later on, well conspire as we dream by the fire a beautiful sight, were happy tonight watching in a winter watchlist land, watching in a winter watchlist land xfinitys winter watchlist. Watch now with xfinity on demand your home for the best entertainment this holiday season. Stuart im going to put this one in the can you believe this, column. A texas va hospital removed a major and a banner reading Merry Christmas because someone complained about quote overly religious and offensive decorations. Liz pique is here. Liz you have to feel sorry for that person; right . Stuart no, i dont. Liz i do because of this. Christmas is a time of joy, almost everyone in the world celebrates christmas whether youre a christian or joy or whatever, and this is a attack agood people having fun. In this particular instance and many other, theyre going after things like a Christmas Tree thats a symbol, its not even a religious symbol but at the va hospital to basically take this away from people who are there . Stuart but wait a second. Something more pro profound here here. Why is it in america one person objects and everybody has to change. They take it down in a va hospital for heavens sake. Ashley because Political Correctness gone crazy. Thats why donald trump is getting the numbers hes getting because hes the person that will say thats terrible. What are you thinking . This is stupid. The tail wagging the dog. Liz and its hypocritical. If someone took down something that was having to do with muslims, people would go that is correct. Ashley yeses. Liz as we have seen. So its offensive, and i think its kind of tragic. Stuart a Christmas Pageant at a school where a song included the words ala is great. If i objected to that, i would be an islam phone. I would be spat on by the elites. Ashley , yes. Stuart thats ridiculous. Absolutely ridiculous here. Liz the founders of the country tried to separate church and state and, unfortunately, that has been used any time Government Spending is involved. And little did they think it was going to come to this. Stuart little did they think. Liz, thank you very much indeed. Youve calmed me down. [laughter] half the voters say half the voters in a recent poll a quinnipiac poll, half of them say they would be embarrassed by a donald trump presidency. Cohost of out numbered on fox news. Shes next on that stuart all right. Im going to say it. Its tuesday, and its a go nowhere day for stocks. Were up 29 points. Case closed. How about oil . Another go nowhere day well, no, not quite. 1. 7 higher, 36. 43, i guess thats movement. Ashley it is. Stuart i should refer to it for what it is. Ashley maybe we were owed a go nowhere day. Stuart on stocks, yes. Not necessarily on oil. Ashley no. , no. Stuart but we had this relationship between stocks and oil. Oil up, stocks up, oil down, stocks down. That seems to have been broken broken. Liz but my view is thats not how it should be, oil is a very separate thing because what we have is too much oil and the problem is all you need is one barrel too much and theres no bottom in oil prices because theres a cost to holding it, no place to put it, et cetera, and thats where we are right now. Nothing to do with demand. Right now . We need a veterans stock watcher. Someone who has been around for a long time who knows what im talking about. Ashley oh,. Stuart there he is. Pleasure to be here. Stuart great to have you here. Perfect timing, james, a lot of people selling this, buying that, theyre looking into 2016, not messing around with taxes, theyre looking where should i be next year . Why dont you give us some advice . So i think next year is going to be a lot like this year where the positives and negative net out with not a lot of change in stock price. The environment is going to be good enough that you can stay invested and not so good that you can be slop owe. You go with growth, you go with quality companies, you go with quality bonds, you avoid commodities, you avoid oil, you avoid junk bonds, weak companies. More of a stock pickers market and a bond punishing market than one with a big macromove. Stuart so would be a okay. Sitting in amazon . Facebook . Microsoft . Im not, by the way. Apple . Facebook . The big, big names of technology. Am i safe . Heres the conundrum that people are going to pay a premium for growth in a slowgrowth economy and the small numbers stocks that have driven the nasdaq, theyve gotten into levels writs a difficult call. Ive said to you in the past i can value apple. I cant value amazon or alphabet because its a Young Persons game and the stocks have a lot of beta and if there is an accident in the credit markets, they could get hurt. So i would drop down in growth by the mediumGrowth Companies. The growers theyve been around for a long time, i happen to do it through a mutual fund called the jenson quality growth fund. Stuart instead of picking individual stocks, i could go to a growth fund where theyre looking for what . Youre looking for a moderate Growth Companies with dividends, dividend growth, dominant market shares. Stuart is there a class of mutual funds by that name . , yes. Stuart i go to my broker and say i want in this brunch. Quality growth fund. Ashley standard. And i can give you an example. You can go in an industry and buy individual stocks. Go in the financial industry, you can take a company although i do it through funds, you take a company like raymond james, growing consistently, made a great acquisition with alex brown, you buy a stock like that and avoid Something Like Franklin Resources where theyre in emerging markets and junk bonds, and the stock is down and they have outflows and poor performance. So its a year where you go with quality, go with growth, and dont be too much of a riskteric. Stuart there tuff, ladies and gentlemen. A man who has been investing in this market for 95 years. [laughter] oh, 65. Sorry. James, everyone. Quality, growth, mutual funds. Ashley there you go. Stuart thank you very much, sir. Okay. Stuart donald trump, is he taking a lot of criticism or what for his choice of words when speaking about Hillary Clinton . Listen to this. Everything thats been involved in hillary has been losses. You take a look. Even race to obama. She was going to beat obama. I dont know who would be worse. I dont know. How does it get worse . But she was going to she was favored to win, and she got she lost. Stuart we beeped it out, thats a reference to the male anatomy, who knows what were talking about here. The clinton camp responded to this. Were not responding to trump but everyone understands this humiliation and all women should. Look whos here, andrea. Thank you for having me. Stuart trump just walked right into that into that. He set himself up. Obviously hillary is going to say its a war on women. Listen to him. Foul mouth trump. Look at him go. Im not going to dignify it with a comment. He walked into it. You know, i think this is really bad on her. Stuart for her . And im not going to debate on this. You know why . Because i dont think people care about rhetoric this time around. That old dated playbook of lets change the discussion and get Stuart Varney to talk about a word that could be offensive and hurt womens feelings. Im not going to do that. You know why why . Because trump is winning. If the media wants to make t about todays feeling. She lied about that video and trump is very smart because she is engaging in a fight that she will lose against libya. When the New York Times comes out and says you lied, there is in propaganda video, in fact, it is your husband, i just dont biden, Barack Obama Hillary is on major trumps in a big way. Stuart but trumps language doesnt account. In fact, it might be a plus for him, thats what youre saying. You know why . Look at the numbers, look at the other story out with blue color voters. The left has tried to feminize this country in a way that is disgusting. And you see blue collar voters, this is like the last chance to get their masculinity back, even though the numbers arent there with Millennial Women in support of Hillary Clinton, and i think the big headline today is blue collar voters are moving to donald trump and can see fear in that mpr interview. This is a big story, theyre petrified, and they should be. Stuart ill give you another story thats big. The quinnipiac poll. They asked people i dont know the exact wording of the question. Would you be embarrassed . Stuart would you be embarrassed donald trump as the president . Look at that. 50 said they would be embarrassed. That is a huge number, andrea, and its a very important number because when you vote for a president , youre voting for a person that youre going to see you dont want to be embarrassed by that person for the next four years. 50 embarrassed is a big number. Why you laughing at me . Im just going to respectfully disagree. One because i think the polling on that is a little premature. You can go back and pull the numbers with reagan and charter, and it was a almost 40point spread at that point. And heres why. And i learned from reagan. People dont vote on whether or not theyre embarrassed. They vote either by fear or someone who shares their values is going to protect them. This election right now if it were held today, it is who is going to protect them. Stuart they vote on whether they like that person. Are they comfortable with that person . Does that person adequately represent them . You know what . I think traditionally that may be true but were living in a different era and the more you see democrats wrong about this war against radical islamic jihaddism, the more you see the middle class completely being obliterated by the left. The more you see these attacks and a tone deaf president and allowed isis to blossom . Youre going to see people vote a different way. This is a different game, a different era, its a Different Campaign season. Ashley so no one has stuart thats good. Ashley and thats good. Stuart that was good. Ashley my problem is does he seem president ial . And does that matter . The language he uses and the way he conducts himself. Thats started with megan kelly going after him. Ashley exactly. That battle ashley people love it but is it president ial . Stuart do they want that man in the oval office . All right. Reminds me of the statesman; right . He has the one quality thats great in a statesman, which is adhering to his word and not dying to Political Correctness but the other one. Does he have the temperament . And i think a lot of people do have that question and as you point out so astutely, i think this is a different game, and i think people are sick and tired. Men are sick and tired of being feminized, theyre tired of it all and the Political Correctness is not going to win. That playbook the democrats have, they better toss it. Liz i also think the pocketbook issue is very important for voters and that isnt being talked about very much but people think donald trump is more likely to have a successful economy than Hillary Clinton. And that is really big. Thats a great. Stuart how about are you on this Program Every tuesday . Only if you want me to be. I havent been asked, but if you want to make me a regular. [laughter] you have your people because you have people call me. I dont have people. Youre so big and important, but have your people call me. Stuart flattering. Im happy to join you. I love this show, and you know i love you, stuart,. Stuart and now this. Hillary clinton channeling her in a dr. Seuss for new political ad. Watch this. American families like progress a lot. But the grinch in gop bill, it seems they do not. Together they shout with great grinchy zeal that on health care their plan is repeal. Stuart that andrea stay there. Dont go anywhere yet. I want your comment on that. Youve got 20 minutes for heaven sake. The president s as grinches because they want to repeal obamacare. Give me your spiel on that one. Its so stupid. I used to be a press secretary, and im so sick of these hokey republicans are grinch, we used to do, its silly, it doesnt matter. Obamacare is a very important issue. Liz yeah. Ashley yes, it does. Trivializing that Americans Care about enormously. And to lizs earlier point i think if they do pivot back to the economy, trump would be wise to really get his messaging on obamacare. Ashley yes. In play. Stuart okay. Do we all my all agree . I feel its targeted to 7yearolds. And they dont vote. Not yet. Ashley well, not quite. Sixyearolds. Stuart democrats would be voting. Andrea one more time. Thank you very much indeed. Thank you, stuart,. Stuart giants wide receiver Odell Beckham junior suspended from the nfl for dirty play. Only suspended for one play and one reporter who says that punishment does not go far enouh im Nicole Petallides with your fox business brief. Right now the Dow Jones Industrial average up 84 points. Back from yesterdays gains, up about half a percent at 17,336. The s p 500 up 9 and let nasdaq composite up 11. 5. Taking a look at two dow components. Nike and apple. Nike number one in the dow for the year. Up 35 . Reporting today after the bell so watch that one. And apple at 107 and change well off its highs and were seeing pressure on that one. As well from 130 to 135. And under armour poised to see more pressure and that stock is down almost 3 year to date. And up about 15 . Chipotle new low has been at 19month lows, new e. Coli strain and thats at 500 bucks. Start your day every day fbn a. M. See you there stuart giants wide receiver Odell Beckham junior suspended for one game without play for leading with his head when hitting an opposing player, like a missile actually. Fox news contributor and sportscaster. Jim, you say that that punishment one game suspension no pay does not go far enough. Make your case. Well, it may go far enough, well have to see what the union and the league decide. I mean thats what the league has decided for now. Youre asking me, personally, i think he should sit down the rest of the season, and i think thats incumbent upon the National Football league and the giants. They ought to take the lead here. What they did the other night he was trying to hurt and maim a guy, and it was despicable, it was reprehensible be so when i say it doesnt go far enough, i think the punishment does in this instance fit the crime, but it could be tougher. I would like to see it tougher but if thats what they decide, i would be fine with it. Stuart im seeing some reports this morning, hearing some reports that maybe he was taunted with gay taunts before the game and maybe even during the game. That he was provoked, in fact. Does that make any difference in your point of view . No. You cant provoke somebody into violence. These are words. No, i dont i dont know and thats not been confirmed. Some giants players are saying that. Their allegations to that effect, the panthers deny that. But still you cant behave like that on a football field. To become a human missile and to attempt to hurt and do what he did, theres no place for that in professional football. This is a wonderfully and incredibly talented young man, but he has taken himself down and coach tom coughlin who has been always been known as a disciplinarian, and he kept him in the game because he wanted to win. Is that what weve decided now . I think its wrong i think tom should have sat him down and suspended him, and i think cough lynn has this egregiously wrong. Stuart ive got a somewhat related story for you the nfl is not going to fund a major study on brains and concussion. It was being led by a researcher who had been critical of the nfl. The nfl is not going to fund that study. What do you make of this . Its the first that im hearing of this. I dont know if the funds have been made available through ore the agreement or its the first im hearing of it, stuart, and i dont know if its incumbent upon the National Football league to be studying it. Stuart well, youre a good journalist. Im not trying to spring something on you. But i get the impression that the nfl would like the concussion story to go away. I think im right in saying that happen do you agree with that . Or are they taking really conspiratorial getting to grips with it . Well, i dont think they want it to go away. I think theres been years and years of denial that there was anything to do with it. But since that denial has gone away, i think that Rodger Goodell and the owners and those involved now take player safety very, very seriously. I dont know how they want it to go away. Were going to come out with this big new, when i say were, coming out with a big movie Christmas Day that looks into all of this, while it may be a fictional portrayal, its based on real stories and whats going on. While it may be hyped up some for hollywood sake, theres none of this going away. There was a league of denial, books out, cte, and all kinds of stuff going on now into brain damage and all kinds of studies, and i think that the National Football league knows that this threatens their existence, so theyre taking it very seriously. Stuart jim, many thanks for being with us today. You know far more about this than i do. And i appreciate you being with me. Thank you and happy holidays. Stuart you too. Thank you very much. If you bought a drone for christmas. You have to register it with the feds. Were going to pose the question. Is this a case where regulation is, in fact, a good thing . I built my business with passion. But i keep it growing by making every dollar count. 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So i just started poking around on ancestry. Then, i decided to have my dna tested through ancestry dna. It turns out im scottish. So, i traded in my lederhosen for a kilt. Stuart an astonishing number here, and its all about Online Christmas shopping. Ups will make 36 million deliveries today. Thats one day, 36 million packages from ups. Thats the victory of Online Shopping, isnt it . Liz its a victory of Online Shopping and may i say i hope some of those are for me because there are a dozen things im waiting for. Its an incredible number but when you go in the stores now, you see people looking around and then go home and order on amazon. This is an amazon phenomenon and, you know, last year they didnt get it done, all the deliveries didnt get made, i guess theyve hired a lot of people at ups to gear up for this because this is a number just slightly than last years. So lets hope its successful or else youre going to have a lot of unhappy people. Stuart upset up 10 , fedex up 12 , i dont know what the post office is doing but this is Online Shopping. Liz its crazy. Stuart and how about this one . Starting as of yesterday, all drones must be registered with the feds. Come on in, jonathan, the ceo of drone company. Its called air wear. All right, jonathan, ive got some rapid fire questions. Number one. Is it easy to register . Can i do it online . Absolutely. Theres a new faa website you can go on there, you just need your name, address, and email address, and you can quickly register by 5 paid by credit card. Stuart this is about accountability, so if a drone flies into an aircraft of some sort, the feds know whose drone it was, thats what it is all about; right . It is or flying over a stadium or into a building and crashing it, theres been too many incidents where people run away from the drone they were flying if theres an incident. Stuart now, ive got a tiny drone, a toy, yay big, do i have to register that . If its over 250 grams, which is quite small, you have to register those drones all the way up to 55 pounds. Stuart wait a minute. Up to 250 grams over 250 grams ive got to register the thing . Really . Yes. Which is just about a half pound. So just about any drone that youre going to be flying. Stuart wow. Has that affected your business . Well, were really focused on commercialuse cases of drones. And for commercial drones, registration has always been required. Stuart now, look, im against a lot of forms of regulation, i dont like government bureaucracy but this is one area where i think registration regulation is legitimate. Do you share that . Absolutely and number of us in the industry have been advocating for it. I think its going to make the entire air safe safer and the big worry is what form the registration would take and people were worried that it was going to be some card you would mail in, you wouldnt hear from the faa for three months and this new website is a great way to register information, people find out about it right away, and you can get your credit card electronically. Stuart i hear the drone business this christmas has been great. Can you back that up . I havent but i heard it is one of sams clubs largest sales this christmas, and i know a lot of my friends are buying them. Stuart im coming to you shortly. Jonathan, everyone, the drone guy being with us. Thank you, gentleman. Thank you so much. Stuart sure fortunately. Weve got the dow up 71, and you will get more varney after s. Confidence that he doesnt have to be concerned with the president ial presentation or the fact you need to be the foremost face and voice of america. He thinks it doesnt matter because he is pulling solo but you are right, when people go in the voting booth and it is time to pull the lever they will think twice the overall about some of the things he is saying. I think maybe if he steals it back and make those fixes perhaps it will be okay. Bernard one whether or not the trump rhetoric will deter voters but we ask you viewers would you be embarrassed if trump began impressing deride she says i would be embarrassed if trump didnt get elected. We have had embarrassments the last seven years and hillary wouldnt be commisas. Roger has this. Not nearly as embarrassed as those who voted for obama twice. Good stuff today. Not bad. Neil cavuto, it is your time now. Neil i will put an down as may be on the president. Thank you very much. We are following what you did as well, the rush to get those gifts out, 36 million packages to be delivered today, half of them were from my wife which is kind of weird but that is ups, cant stress this enough, ups is the biggest carrier for a lot of the top online guys accounting for six, almost seven of ten deliveries, fedex is a big player as well, three out of ten of those deliveries so if you wanted to think of adding to that you are talking 50 plus million packages being rushed today, this as we get word that