About your Search

because it's bad for the environment. people are so enraptured how cool it is they can order anything and get it brought to their home that they aren't thinking about the carbon footprint of that, the, but that will change. i'm suggesting this could be paving the way for a carbon tax, a global tax on carbon emissions. wait for it? it could be on the way. the middle east remains on the brink. israel has increased targeted attacks in gaza, going after areas where militants are firing rockets into israel, but palestinians say 50 civilians are killed in the last six days of fighting and israelis tanks and ground troops rehe main on the israeli side of the border and this is having some limited impacts on the price of oil this morning, and oil right now is back to $88 a barrel, it's up 1.83, that's a significant rally there. and meanwhile, president obama is in myanmar, formerly known as burma and stated israel's absolute right to defend itself. coming up in the next hour, lt. colonel ralph peters, we'll ask him about the iron dome missile defense and possibly the most important weapon in
behind him. you raise taxes in this environment, this is not a growing environment, you're asking for trouble. you're rolling the dice, and i'm telling you, dividend taxes, you know, this is like insane. in any event, it is what it is. we have got to report. you got to do what you got to do. liz: president clinton did it in boom times -- >> no, he didn't. president clip clinton -- clinton did it in 93. we did not have a surplus until we had the internet bubble in 1996. that is the bottom line. i don't care what anybody says. liz: i missed that surplus, i don't care what anybody says. >> look at the gdp growth after he raised taxes. look at our economy right after -- it did not do very well. liz: charlie gasparino, thank you. your tie now is appropriate now that the segment is over. >> okay. liz: closing bell ringing in 27 minutes. confidence among you the u.s. consumer hitting a five year high this month but with the fiscal cliff looming and employment on the rocks, which retailers will come out on top this holiday season, and should you be buying their stocks? joe feldman tells t
. this is not going to happen overnight, but you have to have an environment that allows it to happen. i think congress has to do something. they have to do something to bring fha in. gerri: that idea, you know, helping low-income people, forget about it. i want to ask you quickly, what is really a p effort going on to make people wat to keep fha. here is shaun donovan saying that they have weathered the storm by taking the most aggressive and sweeping action in the history of reform. trying to make the point today that we have more money coming. everything is going to be okay. americans, go back to eep, keep sending us your taxpayer dollars. >> absolutely not. what they are not mentioning, and they did this a year ago when they came out with a report, they knew the projected house price numbers were completely wrong. they basically ignore that. then they made a correction this time to the tune of $10 billion. well, this time they are using interest rates frojuly, and they are basically saying that mortgage rates are going to double by the third quarter of 2014. well, there was a little event
. >> this is a tough environment, our business customers are lookinr guidance, we're advising rlly clients across u.s. to take a look at their plan, and health savings accounts and tighten the belts in oth areas. neil:ow do you absorb, walmart refutes the figures. bottom line they were going up for workers. this is a trend, i would imagine it speeds up. >> supposedly national trend is 8 to 9% rise in health prem young cost, it be be a shared cost, a cost thatusiness absorbs or a cost down to the worker. neil: in walmart saying, we pay the 4.5%, they pay 4.5%, bottom line it is aot. >> at the end of the day, this is what u.s. citizens elected. neil: unstoppable? >> health insurance premiums will continue to rise, business owners must look at other ws to cut their costsonless they s. gary: unless they don't, they have no choice, they offer health care coverage, or if they don't they pay penalty, just suck up the penalty, and deal with it. >> or they can reduce workforce, and go to health savings ac count. neil: that is what darden tried, a little bit more you know, agility for that. but not a lotn ca
is how you pay for it. in this environment mortgage rates are lo very difficult to get a mortgage these days for a second home. for instance, went to go by to properties last year, and i have really get credit in pretty good net worth. really difficult to obtain mortgages. i ended up paying cash for both of the properties. and 42 percent of the properties sold last year were paid for with cash in the second home market. so that tells you that the vast majority of buyers are coming in with cash. the people who are mortgaging, 70 percent of them but more than 20 percent down. even if you plan on getting a mortgage, your so going to have to have a significant cash position to be able to buy. gerri: serious, but the beauty is that you diversified investment portfolio, not just stocks and bonds. now you're in real estate. home prices have dropped and dramatically so. and as you said, mortgage rates. it does not get any better than this. thanks for coming on. appreciate your time. thanks for educating us on this topic. >> thank you. gerri: is still to come, house flipping his back. the
? how is your portfolio altered? >> neil, you've got to cover the downside of this environment. they want them unprotected against losses. they're anticipating antibusiness climate, anticipating uncertainty pickling business contractions and so we're covering the downside making sure we're in a position where we can make money when the market is going up to be productive if the market is going down and lock it in on the way up. neil: what do you play besides lead futures and protecting us from nuclear fallout? >> there are three ways to have your money completely protected against loss, fb fdic insurance. they're gravitating towards the guaranteed contract because the principle is guarantee against losses and make it the spitting and that is the important thing to do. neil: thank you very, very much. you know, when we look at this whole health care law, some a deadline set, click next year when you have to start getting everyone into the system and pay the search tax the rich will have to pay in order to continue sustaining it, there's a deadline coming on friday that almost no
it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit better -- things are looking a bit better. we have a very mixed picture for markets at this hour as we move into the close. the dow and s&p are actually both higher. the dow up about 17 points, up more than 80 points though at session highs today. it's been a volatile day for traders. the dow falling more than 66 points at its session lows. the dow is up by 17 points. very volatile, very rocky day for stocks. one of the things that helped the dow out earlier on to hit the session highs, shares of home depot, by far the biggest winner on the dow today. the company hitting a new high after a strong earnings report and positive outlook
a lot of the focus was. it doesn't have to be just spartan. you can actually have a pleasant environment pleasing to the eye and that's what we've done. liz: he is talking about the pink lights, folks. when you get on virgin american planes and get pink lights and funky music. it is absolutely a pleasant experience once you get on. what is happening? you're canceling aircraft orders. you canceled the boeing orders. canceling 20 of your 30 airbus orders. why? >> we had a look at it this summer. we had significant growth coming up we went through a major growth spurt, 75% increase over last couple years. what we looked at if you look at fuel prices where we are, and look at slow economic growth the country is going through that simply we were not going to return adequate return on capital. we had a call with airbus. they had other customers that wanted airplanes. we decided to pull out in the reins a little bit until we get more clarity. david: gas prices no joke for drivers on the ground or in the air. you guys have a $75 million unrestricted cash balancee how much of that would be eaten
in a fox business exclusive to talk about how to navigate the volatile environment including america's fiscal cliff and how do you say fiscal cliff in russian? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidely. liz: the power mover of the hours diamond foods, the fast-food company going stale hitting a six year low. your the one week chart so you can see what happened here and it is not a pretty picture. big drop off right here. news is that it's a six year low it is restating its financial results for fiscal year 2010 and 2011. not just 2011 where the real problems began. that is a real problem because as you see when you
, while the market to just digest and trade under normal environment. we may not see a lot of volatility, that is not such a horrible thing in the market not selling off 20 handles anytime anybody opens their mouth. what we don't need is more talk. just the way it is. liz: mark sebastian did not even drink red bull today, the traders are so anxious and tired of seeing their ability to trade on real fundamentals, isn't that correct? the news they have made the market look so much higher. >> there's a lot of positive news. housing market, it was not that bad. i think fundamentally if we get a deal done i agree, we are going right to 1500. i was actually surprised the big fiscal cliff caught us by surprise so bad. liz: we want to bring in the very people talking about that, sunamerica funds vp and mariner wealth advisor cio. you do have a feeling of cautiousness about you, did you believe the s&p could very well hit. 1530? >> yes. he has his bullhorns on today. what happened to our romney bump? you said it was debatable to president obama coming out today $1.6 trillion digestion of the tax
in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would commend lyric to a friend or loved one. can your hring aid do all this? lyric can. to learn more out lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric cacan do for you. lyric from phonak. life is on. stuart: industrial production down 0.4% mainly because of fannie. the dow is down 14 points. that is a response of industrial production numbers. the price of oil holding steady. trouble in gaza keep soil around $86 a barrel. we want to bring you some of yesterday's "varney and company" fire. mitt romney told his donors he couldn't compete with, quote, gifts president obama was offering. that did not sit well with charles. listen to this. stuart: charles: mitt romney had to explain and yell those are wooden horses. they are not gifts, there wouldn't horses. do
. they matter a lot. they create a environment which we can make or not make money. it is tough for investors. there will be volatile days. the trick for investors to have enough liquidity in their portfolio that they don't have to trade on these volatile down days. they're ready to take some opportunities when, when they find some good earnings. tracy: like what? let's say this market falls further. you go in. you start buying. what are you buying? >> i think we're, we're buying companies with a following characterics. we're buying companies that have strong brands. that have technology that is hard to replicate and have access to growing markets. the tough part of being an investor, you find companies like that in a lot of sectors and find them with headquarters in a lot of different countries. you want to look for the characterics of companies, not the kind of thing --. tracy: like what? hospitals for instance? >> i can't name. i'm not here to name names. we know that hospitals are are run very efficiently will ben at this time from obamacare. that is, they're well-positioned for that. we