. >> we see an absolute growth in silicon valley and the growth of the technology industry. maria: you said the boxes are from afghanistan comes with consequences. >> why don't we just leave? we empower the taliban and there is a fundamental misunderstanding it is self-delusion on the part of the biden administration. >> are you saying prices are off is that a sellers market quick. >> it is. >> but it's also generic in some respects it could be the hardest market out there. maria: looking at where markets ended the we get was busy that record center hitting new record highs on the back of strong retail earnings and recovering labor market. there is still the big threat of rising inflation joining me to talk about that with managing partner in former raymond james vice chairman fred, it's great to see you this weekend. thank you for being here. >> needs to be here. thank you. maria: a lot of signals on the macro story some are better than expected retail sales numbers better than expected retail earnings with inflation so how are you investing right now and is that the story?

valley i believe in the american story and the genius of our founding and principles we become the first multiracial democracy in the world. i believe in an honest accounting. with the challenges of jim crow that i went every person to know america is an extraordinary place and every kid to feel proud is not a partisan issue that is factual. gerry: that is good to hear and i very much agree with you but i still wonder if maybe your colleagues especially the progressive caucus are completely on board. after the break as consumer and other prices are soaring the president is passing the buck on inflation but who is he blaming? when it comes to autism, finding the right words can be tough. finding understanding doesn't have to be. together, we can create a kinder, more inclusive world for the millions of people on the autism spectrum. go to autismspeaks.org you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/

valley i believe in the american story and the genius of our founding and principles we become the first multiracial democracy in the world. i believe in an honest accounting. with the challenges of jim crow that i went every person to know america is an extraordinary place and every kid to feel proud is not a partisan issue that is factual. gerry: that is good to hear and i very much agree with you but i still wonder if maybe your colleagues especially the progressive caucus are completely on board. after the break as consumer and other prices are soaring the president is passing the buck on inflation but who is he blaming? certified turbocharger, suspension and fuel injection. translation: certified goosebumps. certified from headlamp to tailpipe. that's certified head turns. and it's all backed by our unlimited mileage warranty. that means unlimited peace of mind. mercedes-benz certified pre-owned. translation: the mercedes of your dreams is closer than you think. - modern life, different schedules, different meals, different times. how do you keep everyone happy? with five cooking op

valley i believe in the american story and the genius of our founding and principles we become the first multiracial democracy in the world. i believe in an honest accounting. with the challenges of jim crow that i went every person to know america is an extraordinary place and every kid to feel proud is not a partisan issue that is factual. gerry: that is good to hear and i very much agree with you but i still wonder if maybe your colleagues especially the progressive caucus are completely on board. after the break as consumer and other prices are soaring the president is passing the buck on inflation but who is he blaming? next. (vo) singing, or speaking. reason, or fun. daring, or thoughtful. sensitive, or strong. progress isn't either or progress is everything. retirement income is complicated. as your broker, i've solved it. that's great, carl. but we need something better. that's easily adjustable has no penalties or advisory fee. and we can monitor to see that we're on track. like schwab intelligent income. schwab! introducing schwab intelligent income. a simple, modern way to pay

valley i believe in the american story and the genius of our founding and principles we become the first multiracial democracy in the world. i believe in an honest accounting. with the challenges of jim crow that i went every person to know america is an extraordinary place and every kid to feel proud is not a partisan issue that is factual. gerry: that is good to hear and i very much agree with you but i still wonder if maybe your colleagues especially the progressive caucus are completely on board. after the break as consumer and other prices are soaring the president is passing the buck on inflation but who is buck on inflation but who is he blaming? i'll shoot you an estimate as soon as i get back to the office. hey, i can help you do that right now. high thryv! thryv? yep. i'm the all-in-one management software built for small business. high thryv! help me with scheduling? sure thing. up top. high thryv! payments? high thryv! promotions? high thryv! email marketing? almost there, hold on. wait for it. high thryv! manage my customer list? can do. will do. high thryv! post on social m

his being disbarred to silicon valley child of the decade, elizabeth combs takes the stand in california, details of what she said on day two of her testimony, straight ahead, closing about 18 minutes away it's holding on from 232 points. s&p up 16. needs to see again of six and a half points to see a record. we are there. ♪ i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. ♪♪ it starts with a mother's determination to treat her baby's eczema. and grows into a family business that helps thousands more. it starts with an army vet's dream of studying the stars. and grows into a new career as an astrophysicist. it starts with an engineer's desire to start over. and grows into an award-winning restaurant that creates local jobs. they learned how on youtube. what will you learn?

the san francisco-based schoemaker a favorite with the silicon valley hip crowd was gearing up to be named the first sustainable ipo but according to the financial times, had to drop that claim after the sec objected. and shares of coty hitting their highest level since february of last year after the cosmetics maker raised its full year organic sales forecast. shoppers buying more of its products in airport duty-free stores imagine that the airports are filled so people are buying more at the duty free shops jumping 13.5% separately selling a 4.7% stake in its wella business to private equity firm kkr for $215 million, coty' s stable includes. >> governor: girl, gucci, and kylie cosmetics the brand created by influencer kylie jenner. now kylie jenner's boyfriend not faring as well the fall out from rapper travis scott's performance at the disastrous astroworld concert where eight people died and hundreds were injured friday night is now being felt by one particular stock. we'll bring you the latest on the tragedy as lawsuits have already started to pileup at this hour, closing bell

. >>> and the real story behind the shoe that's a favorite of celebs and silicon valley titans. how did tim grown and joey willinger design a shoe that's worth nearly $3 billion? everyone talks to liz, my podcast. download it, listen to your commute or a free moment. it's the wherever you get your podcast. >>> closing bell ringing in 19 minutes. we are coming right back. charlie breaks it next. ♪ ♪ so many people are overweight now, and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. ♪ liz: to cryptocurrencies. it has been a rough two weeks for bitcoin. it is the turning around slightly, but bitcoin has dropped nearly 20% after hitting a high of just over $69,

valley titans. how did founders tim brown and joey go from designing an all- sustainable shoe on joey 's mother-in-law's kitchen table to a nearly $3 billion market cap player in the footwear industry? you got to hear everyone talks to liz podcast, the stock ipo'd last week, download it, listen to your commute or free moment that you have it's a fascinating story on youred politico cast wherever you get them, spotify, apple, google, fox news podcast, dow is down 59 closing bell is ringing in 19 minute, don't go away, charlie breaks it next. [energetic music throughout] what's strong with me? i know when i'm ready for a rest day. ...so i can be ready for anything... tomorrow. find out what's strong with you with fitbit sense and daily readiness. today, your customers want it all. you have to deal with higher expectations and you have to lower wait times. with ibm, you can do both. your business can unify apps and data across your clouds. so you can address supply chain issues in real time, before the

isn't the private, i mean, it's much as we want to say wall street is greedy isn't silicon valley valley even more so? >> tough. charles: i don't want to put you in an awkward position. it might be easier to run over a biker in cleveland and then to answer this. >> your question, will it ever change and i think there's a move to try to increase access to private investing and let people invest in the private market and to be able to access deals earlier and look to different class-- platforms. we are not there yet. charles: and it's not spac. >> it's not. charles: what else do you like here, mark? >> well, you talked about almost like a peter lynch thing as you were rolling out this block investing in things you know and understand, so durham tech just sold off. they have a sticker that detects melanoma so rather than going to a dermatologist where they cut five spots out of your body, they put a sticker and it's like four times more effective at diagnosing it. i go to the dermatologist regularly. they finally got the big posterboard in their i think that will be a big hit over the cours

look at silicon valley it is getting bigger and bigger. i talk about this kind of wet blanket on the dynamic of small business in america, as we get rid of the small businesses how we're getting small businesses and getting rid of competition to them which makes them more lackadaisical hypothetically. they don't have innovate more quickly and entrepreneur is gone. for workers it is tough. everybody watching, use your dollar wisely. vote with the dollars. what we saw with amc around gamestop. that was average people voting with their dollars that was much more than the ability to buy the stock and watch it go big which is helpful but there are opportunities for people to invest in small businesses through various on-line platforms and mechanisms a little bit of money. charles: a little bit of money. we'll talk of course a lot of amc and gamestop tomorrow with our town hall. i always appreciate you coming in. we can never forget about the small business owners. this guy rob, my appreciation for those folks went up a whole another notch. alwa

valley, very competitive. if you're still around today you're probably very good what you do. i looked at thousands of companies. so taking that experience over to public market markets was key. we have a portfolio management style that reduces risk. that is very big in tech growth. if you have your losers, they're not performing well, you have to be able to cut them and move the money over to the winners. charles: sometimes that is easier said than done because these stocks can be extremely valuable. many times i had a who had, sizzling stock, taken a haircut, months later i'm crying why didn't i sell it? why didn't i take the old adage of selling your losers when they come back so quickly? that is tough one in this arena, isn't it? >> that definitely is. the cloud winner of the year is up about 300%. we held through 40% drawdown. it is highly specialized. more than a full-time job. it requires daily, hourly monitoring and then also just truly knowing your products and your strong management teams. a strong m

valley. how did founders go from design ing an all-sustainable show shoe on joey's mother-in-law's kitchen table, designed from sugar cane, how did they turn that to a nearly $3 billion market cap player in the footwear industry? you've gotta hear it straight from tim and joey. they reveal a most stunning story of start up missteps, tumbles in my latest everyone talks to liz podcast their story is so worth your time download it and listen during your commute or a free moment on apple podcast, spotify or wherever you get the podcast, we're 17 minutes away from that closing bell ringing, charlie gasparino is coming on set, no less, don't go away. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support

valley but here they are and they are businesses. to answer to shareholders, twitter stock is up 57%. facebook stock same time period is up 260%. how does the new ceo turn this around. he has to answer to shareholders who want better performance from twitter, he has to do that too. do the policies have to change? >> the question about twitter's profitability, and the way twitter is run on matters for censorship are two questions. twitter doing what is in its self-interest scathing off regulation and punitive government action by effectively bending need to the party in power. if you are criticizing twitter in fairness we have to apply argument evenhandedly. either we are talking about the company protecting itself and its profitability in which case doing exactly what they do in censoring political content because there's a new party in power that effectively demands they send content that the power it in party doesn't like him. these companies ought to live out american ideals of free-speech and open debate and original vision for t

valley is at stake. the idea being if you think of an idea and fake it long enough, eventually some scientists will be able to make it. depending on how this case goes that phrase could die or be resurrected. >> the stakes are far higher than most companies. here were talking about healthcare products. a product that would diagnose you, if you misdiagnosed the results can be tragic. david: a great story. morgan stanley making a major push to get more of its employees back to their desk. morgan stanley managing director at a conference call. if you are 21 - 35 you are not not to be in the office all the time let's get reaction from research ceo ray wang. thank you for being here. i'm glad to see you in california i know you had to run to california, we were hoping to get you here but i'm glad you're in california sunshine. it's cold here. as morgan stanley right as are some things that the office has that you cannot afford to be without if you're young and ambitious? >> are definitely right you might have

that makes sense in a very silicon valley tech forward type of ceo and entrepreneur that he is, right? also, would note that we're looking at $68,000 for bitcoin. not a lot of people, the whales in the market are the ones, there is about what, 10,000 people that hold the majority of bitcoin. imagine if some of them, some of these wallets start selling? that is a concern on the market, when the asset is held in so few hands that the market could turn very quickly, however i would say if you look at the record pricing not many people are selling, why supply is low, demand is high and we're sitting at these records. neil: thank you very, very much the, susan li on all of that. david smick, john and johns ceo, the world is curved. this is wrung man, covering him, the voice of the '80s. so accurately predicting so many trend then. he predicted the 2008 financial crisis. in fact pretty much to a t. so listen up, folks. this is something, you will get something out of it here. david, always great to have you. >> great to see you. neil: very good here. susan was just laying out this argument

. >> ship you off to silicon valley, man. [laughter] >> on a side note, i have a buddy would is a financial advisor with black hair, he used to put gray in his hair to make himself look more distinguished. there's lots of ends people will go to try to make themselves look for trustworthy and distinguished. cheryl: there's something else in here too. 47% of all men say bearded men handle finances better. 49% of women say they believe bearded men handle finances better. joe. >> always about the women, comes down to the women. so -- cheryl: got to keep the ladies happy. >> the key demographic for the voters, also a key demographic for making sure that life goes on as we know it. so hang in there, folks. cheryl: we'll be right back, everybody. thanks for coming. now when it comes to a financial plan this broker is your man. let's open your binders to page 188... uh carl, are there different planning options in here? options? plans we can build on our own, or with help from a financial consultant? like schwab does. uhhh... could w

valley going to texas. on and on it goes. gavin newsom in the face of these defections, you've got the university, it is so complacent. it is true that california still has great teaching universities and well-educated people and a great state but they are doing everything they can to make it less great. look at the tax rates, the regulations. that's one of the reasons things are so jammed up in those ports and so unless they wake up and realize this escape from california by business and enterprise is a real thing they will find they don't have the money from taxes for the ridiculous social program they want to push out because the tax base is defecting. stuart: it is leaving town. we will watch you on the show, the next revolution, sunday night, 9:00 pm eastern on fox news. we will see you again soon. amazon using robots to keep up with supply chain issues. jeff flock at a warehouse in delaware. show me how these robots work. >> reporter: can't show you right now because the robots are on break. robots do

they don't want a lot of the stuff that the public narrative suggests that ceos in silicon valley try to promote as best practices and best places to work. maria: that's a great point. todd, thanks so much for being with us. we are watching that and a we'll continue to do so. todd rose joining us this morning. >> thank you. maria: on employees. quick break and a purposeful sideline, boston celtics star enes kanter thinks his anti-china take his keeping him bench. why he might be right in the hot topic buzz coming up. with chase security features, guidance and convenience, banking feels good. chase. make more of what's yours. [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. ♪ ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your b

valley. stuart: you doing the right thing, good to see you and will see you again really soon. advanced micro devices just landed with meta formerly known as facebook they're gonna use amd chips in the data centers. that's why amd is up 10% and better moving up a little bit to will tell you what's coming up next the former head of the dea said the influx of masks and fentanyl is unprecedented. he says it will destroy our country. right now u.s. airports are again open to international travelers but airports are understaffed, does this mean long lines as we head into the holidays. we will take you to chicago in miami next to get the story. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ what's strong with me? what's strong with me? what's strong with me? what's strong with me? with me! with me! what's strong with me? with me! with me. if you used shipgo this whole thing wouldn't be a thing. yeah, dad! i don't want to deal with this. oh, you brought your luggage to the airport. that's adorable. with shipgo

valley but at the end of the street pretty. stuart: i love this, mitch thank you and i appreciate it and this scene ends man jones, do you know him coming at some choice words for the democrats, what are they say pretty. guest: here's was seen in had to say, tough love listen. guest: there annoying and offensive and out of touch. guest: he added that the core campaign especially with his comments about parents involvement in education and we need democrats joe biden and literally over many else to recognize this as well printed sue and picture this place, i will show it to you, the world's largest community, three d prind homes and is happening here and you are looking at it, three d d and democrats, why did they lose so badly this week and i say that is because socialist was to woke and i'll include that in my take at the top of the 10:00 o'clock hour. wealth is breaking ground on your biggest project yet. worth is giving the people who build it a solid foundation. wealth is shutting down the office for mike's retirement party

valley would be great student board in china you trust friends know what school was, then one day find stealing from you what's going on, all turns out the family in china threatened that is what they had to do the deposit uses against them you are a good person but they use them against them china has, you guys talk about this all the time premium seek out power and disappear no checks from power whatever else you say about u.s. part of free system kugz works checks on power independent judiciary objectively better wise for kinz to work, objectively ways to have human rights, and improve human conditions check power and china has a dictator unchecked has leaders unchecked the whole world needs to be coordinating, to put pressure on them punish them for some of the things they are doing i think, you know, i think america should be workinging with al lives japan and india, germany uk our parts of the world putting pressure on them not preciousing pressuring enough. >> we are talking about policy to get arms around this i want your take on innovation today, joe, you have found vested in