Voice, tonight your Holiday Spending a Record Number of shoppers flooded stores on thanksgiving, retailers posted weakest holiday sales since before the recession, thanksgiving and black friday sales combined rising a little over 2 . Weekend sales were down 3 , cyber monday is underway, many of the major online retailers are extending todays deals over the week. Are they worth it . With me now, author of upcoming book, its worse than you think, the u. S. Economy and th the dece of the middle class. And trey, welcome. Chris, i dont remember sales going down, a big deal, what do you make of it . I wish i could make better news of it. We have record unemployment. We have zero wage growth. We have 48 million people, americans on food stamps, last time i hecked santa does not take ebt. It snow surprise this sale it is no surprise that sales were down. Shopper spent how much is that . Per family . 423 down from 423 in 2012. I think this question requires maybe a big picture approach, Holiday Shopping started early this year. Retail me not conducted a survey. Survey. 40 of shoppers started in september. It might have taken a bite out of the black friday sales. And there was a 21 jump in cybershopping monday. It might plan out. It always goes up, double digit . I dont know if much. Last year was the Biggest Online shopping day in history, we were expecting a 15 jump. Another big question, who won out, is it bcks and mortars or online . Amazon. Every other promoon i have seen, they matched or came in less. I think they will be a winner. Traiz, y look at this, people wre are the deals out there. I am seeing great deals if you have time to shop. Particularly amazon, to 80 off ebay to 70 , nordstrom 40 off, old navy 30 . Were seeing big deep discounts today, it is worth look if you have time left. So, christen to you, desperate times or desperate men or is just the way the world working now. A bit of both. The biggest take away, is americans will shop when they want to, you know, cyber monday was a very funny term about 10 years ago, in front of our commador 20 n. Wee on all of the time. Only thing that is really growing . Once you dignto you told us the hot retailers, but what are hot ticket items . Tablets, other electronic items, lab tops, and smartphones, the idevices. The samsung tablet and phone. Then more hightech toys for kids like the f boom, and oobuli. You are speaking a language i dont understand. Oobuli, you put your phooe it, it creates a face, it takes your child, you can use it with an old cell phone it is fun. So, christen, here is how i look at it, retailers are suffering, boohoo, this means good deals for me, im excited because i think there is opportunity for me, i can buy presents f the family, is the best time, afteranuary 1st . I think y will see a great time leading up to christmas day, i think retailers will so desperate it will be 75 off, and 80 off, i would wait as long as i could before christmas to shop. Trey, as you look forward . A lot of deals moving into christmas, we see deem discounting into toys, winter apparel a holiday merchandise, we see a lot of sales on green monday, the second monday of december, and Free Shipping day, december 18, the last day most retailers guarantee on time shipping for christmas. Just so complicated. You know, i dont want to go in the store because i know i am goinn to get confused by all of the deals, we had numbers that showed that you know, the suggested Retail Prices are fantasy land, nobody buys those, even with two mark downs average Cashmere Center still guarantees like a 45 margin to the retailer. Srp is suggested. So, you kno retailers may choose to charge you 3 times the markup that is just retail, that is commerce. That is what retailers do, you should do your homework, yes, virginia, there is a markup. You need to pay atttion. There is smoke and mirrors going around that. How do you really know if i am getting a deal. It really smart for the consumer to know the real retail price of an item, utilize the coupon ag gate tor like tell me not. Another place . I like Price Comparison sites like a google shopping or a next tag. There are a well the . There are a lot. Thank you, trey and christen, great stuff, appreciate your time. And now we want to know what you think. Here is your question, you are shopping on line today . Log on to gerriwillis. Com, vote on the righthand side of the screen. While last weeks thanksgiving feast cost on average under 50 for a family of 10. If you wanted to get someone the 12 days of chrtmas gift this year, i hope you saved up if will cost more than 27,000, 8 pier more than last year if you buy all items, repeated throughout the carroll, 115 grand, and 9 ladies dancing can you buy the 9 ladies dancing, it would cost 7500, up 20 from last year. 8 maids a milking will cost you about 58 bucks,nd cheap of gift from the song as well, 7 swangs a swimming will set you back a thousand each, and the partridge in a tear pear tree, 200 bucks. The white house relaunching governor romney, coming up next. Whats better than zero heartburn . Notng, thats what . Thats why i take prilosec otc each morning for my frequent heartburn. cause it gives me a big fat zero heartburn. Woo hoo [ male announcer ] prilosec otc. The number one doctor recommended frequent artburn medicine for 8 straight years. [ larry ] you cant beat zero heartburn. And best of all, it means i can enjoy all the foods i love. Oh, zero heartburn is awesome. Just like zero clery. [ male aouncer ] prilosec otc. One pill each morning. 24 hours. Zero heartburn. [ male aouncer ] prilosec otc. So i can reach ally bank 24 7, but there ar24 7. Branches . Im sorry, im just really reluctant to try new things. Really . Whats wrong with trying new things . Look mommys new vacuum cat screech you feel that in your muscles . I do. Drink water. Its a long story. Well, not having branches lets us give you great rates and seice. Id like that. A new way to bank. A better way to save. Ally bank. Your money needs an ally. Hmm. Mmhmm. [ engine revs ] [ male announcer ] oh what fun it is to ride. Get the mercedesbenz on your wish list at e winter event going on now but hurry, the offer ends soon. [ santa ] ho, ho, ho [ male announcer ] lease the 2014 glk350 for 419 a month at your local mercedesbenz dealer. The white house said th the revamped obamacare web site is a success accident that vast is a success. The vast majority will have a smooth experience. With more on this, joe antos, today after their own selfimposed deadline, the administration had to limit access to the web site. That had 35,000 people on a at 10 00 a. M. , they had to slow it down because it was not doing very well. At does that tell but their success . They never really did give us any metrics. Anything to measure, we dont know what success means. You know what is the successful experience on the web site . Nobody knows. I can give you some spam els. Take a look at amazon, on cyber monday, they had 26. 5 million orders one day,o one day on, amazon take less than 3 minute process 50,000 order, walmart on thanksgiving, they handle 500 times more visitors than the hof the healthcare. Gov. What doou make of that . There is one other secret that walmart and all of the other companies have that obamacare does not people want to buy the products. They can afford it. What this you want what this says that, it has been a disaster all along it took three years to create a web site that did not work, and 3 weeks to come to the grips withhe fact it dud not work. It is still broken. Ope oped, decemberecond by kathleen sebelius, you may want to visit healthcare. Gov in off peak hours of when there is s trfic. They did not say they will be doing maintenance from midnight to 4 00 a. M. , so when is the off time. In many way the problem with the web site mask bigger problems, 1 youelecan sn on, what do you find . Higher prices more Narrow Networks . The average dedtible that is amount that you pay up front, before you get into coverage, from Health Insurance, that deductible runs from 1500 to 4800 according to a recent study. That is a lot higher than many other people have. Well, you men i should bed before they never defined success. Toda the ability to complete appgations on health care. Gov, 80 of people can complete apocalypsecasion, a few weeks ago it was 35 , if 20 of the people cant get done what in a want done, is that acceptable in the private sector. Absolutely not, almost like the traditional joke about different employees, but this is serious. I agree with that. What do we have to look forward toow . What should we be budgeting about next. A lot ofs coming up. They pushed last date people are supposed to seen sign up, there is no way in the world that people will be fully enrolled in Health Insurance by januyst if they sign up on december 23, there no way to do that there will be people bringing their sick kids to the doctor in january, who are just not going to be in the sim. They think they have insurance. That is scary. Already we have seen people lose thei coverage, what do they do right now. Lou in this Small Business market, who now condition even sign on or having trouble getting coverage they need. A lot of people paying money out of pocket. Thank you. Coming up later, can you imagine getting a packaged delivered in 30 minutes or less, the knew plan in amazon, how do you do that if. Thank you. Lou as a business owner, im constantly putting out fires. So i deserve a Small Business credit card with amazing rewards. With the spark cascard from capital one, i get 2 cash back on ery purchase, every day. I break my back around here. Finally soones recognizing me with uimited rewards meetings start at 11, cindy. [ male annouer get thspark Business Card from capital one. Choose 2 cash back or double miles on every purchase, every d. Whats in ur wallet . I need your timesheets, lay gerri mall parking lots, how to protect yourself this Holiday Shopping seen, in 60 sec gerri Safety Information during the Holiday Shopping season, not online. Those crowded mall parking lots are breeding grounds for criminals, how do you protect yourself . Joining me now lauren fix the car coach. You brought up something that i never thought about. I never think about. I just park my car in the garage, then walk into the store, come out and throw boxes in it, but that is the wrong thingo do . Right, there i a few tips, this is be inconvenient, it is a breeding ground, these experts issue watching, they see you coming out of a store, mae you went to tiffanies or Neiman Marcus or something, or reused bag the like the lululemon bags, you put that in your backseat you go inhe store, i know you spent a lot of money, have you receipt the in back. As you leave, they will break in your window, and take your parcels and you get the damaged vehicl if you have really something expensive, put it in your trunk, find another parking spot it will defuse it. Dont even leave yr dry cleans on the seat, nothing, no phone, no plug ins. Not even something from the drug store, at the end of the day somebody might think it is valuable . Absolutely, you can leave coins for tolls which happens. Just put that in your go Police Officer box, out in your glove box. Out of sight out of mind. People have stolen dry cleaning thinking it is an expensive suit, this is timef year people have expensive jackets they have their clothes dry cleaned for holidays. Gerri okay, so, here is one of my problems, i forget where i parked my car. A massive mall parking lot. So many people there. What is your advice . Should you park next to the door . Are there mall cops . There are people watching, they are in security, many times they are in suvs, some on foot, some i have seen themn a bike. Depends on where you live. One thing they cant be everywhere all of the time, a professional knows this they know when ty just been there they watch them take off, if you arrive during daylight, park near a lht pole, when you are leaving make sure your car is locked, right down whatever in success there 9 g or something on whatever. There are underground parking and above ground just aziz to brk in. Lit parking makes it easier, park where there is a lot of traffic going by, you may have to wait like i do for a spoking spot. Gerri we were showing pictures of an outdoor practiceing lot, you suggested coming out at night, have the key in hand, are ready to go. And ilways try to walk briskly with confidence. So no one thinks here is something i can pick up . I do the same thing, i do the same thing when i walk in new york, you walk with a purpose. Have your keys in hand, cell phone in your pocket, keep your purse close to you or if you have bags keep themlose, they take your purse or bag, you will at least have your cell phone to call 911, but if you get out there something does not look right, go back in the mall, find a security gua they will walk you to your vehicle. When you get there dont dillydally. Have a plan, layout your coupons in advance, dont go through your receipts in the car while it is running, you are leaving yourself open. I shop at end of the day when there is no one there the last thing you want be i in your car by yourself. 214,000 is number of Violent Crimes in 2009 i in parking garage and lots. A lot of things, you think about your vehicle, you can use Valet Parking there are nicely end malls with Valet Parking, if your car gets damaged, it can be replaced. You are another story, if you think, i dont want to te that risk, i have kids, and my stroller or someone older with me or slower. Let them park their car. If it is damaged they are responsible. Gerri we have audio issues here lauren thank you, appreciate your time. All right. Fox business alert for you now. A story you top hear in addition to keeping your carafe, it would not be cyber monday without a cyber scam, there is one that caught our eye today, look at this. It l looks like a genuine email from fedex, it is totally bogus. In reality, the ashtachment attachment has a viewers that you can infix your a virus that can infect your computer. If you didnt order anything dont open the emails never Download Links or attachments and never give out your person al information to unsolicited emails. And coming up, is the stock market too high . Ure Technology Panel weigh. The ceo of amazon, saying they will soon be dropping ouch their packages via off their pages via drones, coming up. Every day were worng to be an Even Better Company and to keep our commitments. And weve made a big commitment to america. Bp supports nearly 250,000 jobs here. Through all of our energy operations, we invest more in the u. S. Than any other place in the world. In fact, weve invested over 55 billion here in the last five years making bp americas Largest Energy investor. Our commitment has never been stronger. From our fox business studios in new york here again is gerri willis. Gerri look at this, are we going to see it . There it is. Not, not from a scifi movie, amazon drone called prime air, delivering items to your front door in 30 minutes or less, can it work . Joining me now joe, brought me a drone. Check it out, you call that a tri . A tri quad it has 3 of the 8 that jeff bezos was talking about. Gerri he said this is the next big thing for us, deliver to your door in 30 minutes or less, really . I am a believer, technology is is possible, it has been demonstrated in england, they delivered a dominos positive rah. Gerri one dominos pizza. Gerri one pizza. We are talking millions. It isot legal in u. , if you are a hobbyist it is not. Talk about how it might work, when i did the story this morning, on fnc, a got a tweet from a viewer saying i hope we dont confuse drone season with duck season. It seems it would be open season on things like this. Would there be a lot of jokes and abusing the drones . Yes. I mean, the same thing about putting nails in the road to try to disrupt the postal service. You know. It comes down to accept accepta. It is possible. Gerri can you pinpoint accuracy they can land it right there and not on top of my car . What ty would do, use gps to get it to following streets, that would be easy for right away, land it, have some very simple sensor work to make sure you are not colliding with anything. And you have your pizza in your driveway, not perfect for everything but its possible. Gerri how are we going to be sure it wont hit anybo in the head . Knock over my flowers . Do you see the problems in urban areas, is it easy to deliver there . Not as much so, this is jeff bezos he has Distribution Centers everywhere, you could so the up a deal with 7eleven, it could deler to a central spot, you can pick it up. You would be a fool to ignore this as amid o as a mode of tns. Gerri do they run io birds . 400 feet is the limit for this dro, right now, i can fly this as a hobbiest 400 feet about the same. Keep it away from people gasping at it, and away from helicopters, it is pretty open airspace. Gerri open airspace. Is this your o drone . A Popular Mechanics office drone, it has been kicked around and tested, it is an older model. Were hard on our toys. Gerri ut have you toys, which is nice. Tell me what you see as the one down side, i think this is great. I somehow condition imagine looking cant imagine seeing a thousand drones in the air. This is the problem. If people dont accept it, it wont work. If people dont want to use it or tamper with it, it is not going to hpen, which is a shame, this is aeneficial application of drones which have a bad name are in reasons i dot understand, i am prodrone in a lot of ways this application is whateople should be thinking about. Fa said about 7500 of these in 2015 becaused on law changing. A lot of peopl see benefits in this, photographers, crops, for, exploration, oil and gas lines, there is a lot you can do with Unmanned Aerial Vehicles that have nothing to do with spying on vehicles or dropping bombs, drones are our friends, or maybe they will be if you let them. Gerri look honey here comes my 50 shades of gray right now. Thank you, joe, great stuff, it is fascinating, i will try to keep an open mind about drones. Please do. Thank you, when we come back, tips on avoiding holiday food binge. Are we in a bubble . Is it about to burst, we look out for and you yr money, next. [ male announcer ] heres a question for you. If every u. S. Home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes . 1 million . 2 million . 3 milln . The answer is. 3 million homes. By 2030, investments in energefficiency could help americans save 300 billion each year. Take the energy quiz. Energy lis here. Gerri well, all three major indexes closed in the red today, saksks fell after mix resulted from thanksgiving shopping reason, and more worries that fed will soon bin sales back begin scaling back. There was warning of a possible bububble in stocks. Joining me now, jeff, i will start with you, are we in a bubble . Have absolutely. Anybody who denies were in a bubble i is fooling themselves. Retail investors paying way too much, a less list of a million things to look at even with schiller com coming out. But no one can predict when that bubble will pop, it shoold not persuade anybody to stop investing. Investing. Gerri but you said we have a bubble. We are in a bubble. We could have next 8 to 10 weeks, the bulk run so hard. Gerri why . Because there is all this money that still sitting on the sidelines for the past yrs, because internationally, the u. S. Is still seen as the post stable, europ is sll inn trouble. Eastern europe, look at the kind of turmoil there asia. What is going to there . The truth is, money is coming in here, in here to stockarket and u. , and real estate markreak the tie here, a bull and a bear . I aming fool i think im the fool here, were not close to a bubble, we have come a long way. 15 times may seem expensive but, take account low Interest Rates. Economy is growing north of 2 , and past bubbles with nazdaq trading 40 times earnings before that bubble burst. And houses prices. At 15 times earnings, you have to convince me for when innel, and you are right. Look at a company like ge, ggo General Electric they are a 26, they have been up there at 60 a year, even if were med out here there is building and are cranes, anywhere i travel, it is stronger than ever, even in brazil, where professor schiller has a problem there. Gerri you know, let me read what schiller said, the boom in u. S. Stock market makes me most worried also because our economy is steal weak and vulnerable, the world is still very vulnerable to a bubble. How is this going to evidence itself . How are we going to see this . True, retailers are the last to jump in the pool, but then, what starts happening after that . When does the market correct in your vie i think, it is a big give 20 between a market that is correcting and a market that is a bubble. Correcting is 5 or 10 decline, it will be a tremendous opportunity you will be able to pick unthe intels and ibms. I am a fan of schiller, if you listened to him before 2009, you made a lot of money, but after that, if you have done the opposite what he has predicted, you may have doubled o tripled your money, but i have got it wrong too in the past. You were talking about low Interest Rates and what the feds are doing once that tames that bubble. And when it ends you see real destruction. What makes you think it going to end . Janet yellen needs to come in, a honeymoon period, then maybe a direction, but everyone should realize, keep the money in the market right now. I agree 100 . The bulls are going to run, you dont want to lose out. I agree but you will get to the end of the bubble. Beeaware of that. Gerri how do i know that is going to happen . How long can you keep doing this. Im not arguing with you, what you are signals, what am i lookingor . Look at higher Interest Rates. Weakest holiday sale since 2009. We talked about consumer tired, and weak. Let me tell you this expansion is 5 years old, that seemsld. Yes, we have been recovering for quite a while. And the consumer is tired, there is no question, consumer has a lot of goods, that is part of what is going on, a lot of options and choices in terms of shopping, but right now, the consumer is still going to get out t there and spend, but online. Gerri frank . I agree, based on expe exper. I will say those with money in savings are going to spend. Gerri jeff . I agree too. Look at all these people, black friday, rushing to walmart, and killing people for some cheap chinese tv. Gerri sales were down. You have to look at the big picture, befor black friday you can thanksgiving sales that could have cut into that, and cyber monday, we need todays numbers. And also consider, wre in a different time, internet allow us to buy our goods later three days before christmas im bing gifts because i can. All right, great job, great conversation thank you so much jeff, frank, and hillary. Time for a look at stories you are clicking on, on fox business. Com, shoppers spent less over thanksgiving weekend, stocks feeling the pinch. Many Retail Stocks in the red, major indexes lower, Online Shoppers may soon have to pay the taxman in some spates. This means stes will soon start collecting Internet Sales taxes, fastfood workers, will walk out of job thursday to protest federal minimum wage, protesters are calling for 15 an hour, a lot of people think such a raise is possible. Bank of america will they mo than 400 million to freddy back for bad home loans sold since 2000. Those are some hot stories right now on fox business. Com. Still to come, my two cents more, it happens to the best of us, a thanksgiving food binge that sets you up for a bad holiday eating track. How t get you on the right track, coming up. This is the quicksilver cash back card from capital one. Its not the fumbling around with rotating categories card. Its not the etting blindsided by limit card. Its the nogameplaying, noearninglimithaving, debombthrowing, givemetheballandlltake ittothehouse, cash back card. This is the quicksilver cash card from capital one. Unlimited 1. 5 cash back on every purchase, everywhere, every single day. So let me ask you. Ats in your wallet . Gerri coming up from too much turk to too much pier, how to get your eatingw . Great too see you, new, we, found out that 4500calories that average peopl consume over thanksgiving meal that just gets you star for really going. Right. Gerri how does it work, how much do people gain . They can gain from 8 to 12 pounding over holiday seen that is thanksgiving through new years, you have to learn to slow yourself down, realize you need too indulge a little bit, have fun. But o thing you can do after a huge feast like thanksgiving. Is you know what try not to have so many lift overs. Gerri invite a lot of peopl give it away, you dont need to eat the same stuff the next day. Jim it is better the next day. Maybe one day, make a turkey sandwich, then call it quits. I think if you top getourself back on track, high protein breakfast is important. Gerri like what . Egg white om lit, low fat cheese, greek yogurt with a handful of nuts, they stabilize your insulin and sugar levels for most of the day, and also exercise, even if just 10 t20 minute boughts. Gerri walk around, move around. Right. Gerri what else do you recommend as you go through these weeks, you are out in the mall, in places are normally are not, you are grabbing whatever you can on the way. What do you advise . If you are going to mall bridge something with you to snack on. Like maybe a protein bar, but watch the caches on those. Carbs. And maybe take from nuts with u, like, that maybe bridge youbring ourow mini sandwic pacr food you will save money too, and you go to a party, you should do is have 10 to 20 nuts maybe about an hour before get party. That means youill not be hungry when you get there and over indulge. Party food is the worst. But nuts are good fat, and very sales. Sating. The whole thing is stopping eating is gut hormones. Hormones that our bodyroduces in your guts, they called satidi hormones, and when they are heahier we woe dic pro deese of it, it believed that thinner people produce more than heavier people. Gerri a new effort by sincenists in scientists in sweet irelansswitzerland to getp eating . My problem with that, it is a great idea but such a complicated thing. There is not going to be one hormone or gene tt is involved in treating obesity. It such a multifactorial thing there are certain things that can use obesity. And certain things in environment such as chemicals and hormones in our food that can tip the scale for you, but not one particular treatment will do it for everything. Gerri you are better off eating the right thing and watch what you are doing . And also supplements can help, we tked about gut hormone, take a good probiotic. And also, havingnough protein, most us do not get enough protein. We need, some of us need 120 grams a day. Gerri dr. Sue thank you. Thank you. Gerri we appreciate your time. Well be right back. Hmm. Mmhmm. [ engine revs ] [ male announcer ] oh what fun it is to ride. Get the mercedesbenz on your wish list at the winter event going on now but hurry, the offer ends soon. [ santa ] ho, ho, ho [ malannouncer ] lease the 2014 glk350 for 419 a month at your local mercedesbendealer. Single micro gerri early information about online shopping. Up more than 20 compared to cybermonday last year. Are you participating . We also asked the question on gerriwillis. Com. 76 said they are not doing it. Finally, the phrase occurred to me after a report from the white house. He obamacare bsite is showing what they believe is dramatic progress. Its like the Green Energy Program or the postal service. Why are people still getting error messages . Why is the website not complete . Why are insurers trying to bypass the website . In fact, it still has a long way to go in the meantime, walmart handled 400 million users on thanksgiving day. Ive hundred times more than the obamace website. Last cybermonday, amazonom processed more orders last year than this year. And things are Getting Better just in time for you to realize that you cant keep your doctor. Thats it for our willis report. Thank you for joining us and we will see you right back here tomorrow. Lou white house officials sisted that they met their selfimped deadline to Fix Health Care knockout and they claim that its working smoothly for the majority of users on health care knockout. But the facts suggest otherwise. I am lou dobbs. Lou good evening, everyone. The Obama Administration official in charge of fixing the obamacare site. He said there is a night and day difference between the health care. Gov website that launched on october 1 in the one working
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