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tv   Making Money With Charles Payne  FOX Business  August 5, 2015 6:00pm-7:01pm EDT

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"making money" starts right now. charles: then do economy takes down another business giant as disney is crashed. the new winners and losers. the one and how were rambling plea to save his deal. and the waterloo could be a money. takes billions to win the white house. "making money" starts right now. charles: i have to tell you hype is becoming a reality with respect to the stock
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market and of course, this is critical take for instance disney shares taking and on the chan as analysts are looking at that cable cutting that has driven en netflix as the stock goes up every single day. the new economy is year including uber and there will be losers the income of the companies and hotels in the past year down 12% the stock is down 42%. for hertz. but joining me now our ceo. i want to start with you and it is starting to have an impact of the old dichotomies beck but
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millenials are a massive demographic. oh lot of them came the phage and netflix and airbnb but it is what they are used to. charles: it is business as usual. >> more standard going for word. >> this is how i discovered you. [laughter] you love the new economy and technology names to the point you make the kool-aid. add to say there is hype and there is craziness. >> wed m.b.a. discover of what it is disruptive and innovative usually goes much further much faster than people think.
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>> but the stock has gone up so if somebody would buy a and told. >> something happened with a subscriber growth was accelerated. charles: it seems the young people in joining the old people. [laughter] but maybe four years ago but everyone looked at me they discover they have their own netflix account what is going on? i have to check this out. we know the stock is parabolic but it is hard not to say when netflix is up
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disney gets hit if we see the hotel stocks i am in marriott it was up today and the rental car companies now we are making a transition. >> with the economy stocks but that doesn't mean they're out of bed forever because there are destructors. and i did not follow with but i would miss the boat. but it is momentum. that is almost unheard of. part of that is international it is very attractive abroad as well.
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charles: i saw a mission impossible and alibaba was one of the backers. after the bell but tesla has say massive short position but then there is if it does it -- fitbit. you were listening to the netflix conference call. you feel good? >> very good. lot of people focus on short-term numbers this is of very big story. >> what are they missing? >> that it is on time, and
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the hardest he has ever produced and will be the most amazing car and that was important for us to hear. >> but it carried my hair out more than they sell a one week and all your. >> the preowned cars that are starting to move out out, but they cannot fill those orders enough and the demographic is much broader. >> i call that the brains of the renewed economy also apple pay so that is my stock pick tonight.
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i am the like this with a dip. >> i think i would buy that to do a little lower but they had record earnings of 2.$4 billion but they were down 3% but that is going up against last year. charles: there is a point when everyone in subscribes to something that might be a problem. a name say you like that people should consider owning? >> the last thing i bought was tesla it was very depressed at the time. but there is one that is crushed out there that is suffering from discussed and
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neglect we love those type. with 3-d printing. >> gate gets the upgrade but if i and say bottom. >> i would agree and also disney has a strong buy right now. charles: is so talk a little bit right now to simply talking economy. with the report it is not the official barometer bed this morning with 185,000 jobs that is bathetic which i that was elected under 50,000 why can this economy generate more jobs? >> as they are outsourced the primary jobs are career
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oriented. believe the to get those back. they are created are part-time jobs but they are part time because of obamacare with anybody hiring. charles: you are a fan of the new technology but they don't have that massive work-force just like what henry ford created. is this a do paradigm? >> we have done a tremendous amount of research on automatics and robotics and automation. grosso looking for stock companies to help with re-education we just bought with the.com. but robotics.
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charles: they are ruling of the kiosk with the 50 minimum-wage will backfire they will trade the kids how to fix the robot. >> i was just reviewing data highest-paid college kids day are all science zantac and engineering there is hardly any other major that will pay a livable wage you're headed back to college to make him want to consider. charles: then he breaks it up but proved that it was a premature move. we have had to revolutions but this one turns out to generate enough to stave american and prosperity. >> based on the oxford university study in the next 20 years because of robotics $12 trillion will be created
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of gdp. charles: that means steve jobs? if he is said 96 percent of the farming jobs would disappear you would say what would happen? >> with regulatory and tax policies we will get to that sooner. but president obama was not as fantastic but even while democrats oil was lower. that will force this through but it is no laughing matter. we will be right back.
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charles: we have jackie mason it was really weird and hourlong aunt and served as a warning if congress kills the bill it will kill the credibility. >> every nation in the overall debt has commented publicly with the exception of the israeli government expressed support. charles: americans feel otherwise including jackie mason. he has been very vocal which face you for showing up. i have been a fan for a long time but why are you so opposed? the mickey is missing the simple fact this is
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ridiculous there is no guarantee of anything. with these conditions to inspect any time or any place except when they don't want us. [laughter] they could give us 28 hours notice i could become the big hit they don't even have to give notice to inspect a restaurant in new york they protect against day bad tuna fish. charles: but what is crazy is that his number called and carey kept going back and forth. that was a year-and-a-half coming back with nothing but a bad foot. we said what everyone freewill to that. no reason to negotiate.
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so forget about the could have saved all that time of negotiations. with his millions of dollars of trips and his speeches and conditions and if we except in everything the right to read all these millions of dollars? just give them a call for a dollar and a quarter we could say it is all over. charles: but the president pushing hard to day but our legacy as the leading country that somehow the don't have to win by a brute force to negotiate these kinds of deals. nobody believes that iran will live up to this. >> besides the fact we also
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give them $150 billion as a gift. tell me what you want and here it is. just for talking to me you get 150 billion i will give you what everyone then it is all paid. look at hillary clinton excepting the metals she thinks it is wonderful but you can see she has never read a paper or does not know what is in better when she will say. somebody voted down and she keeps repeating its. staff has us 58 minutes for a policy and disagrees with yourself every day she doesn't even need an opponent. charles: she puts her finger in the wind and it gets
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confusing. >> a richly she was in the white house that is her claim to fame. everybody said she was in the white house. >> here is another thing. to be honest she never did anything but everybody said she was married to the president. meeting there would say where? >> so if you talk about hillary. >> let's ask about the g.o.p. donald trump is running away with this. you are on record for years ago you called him a liar but maybe you are warming up to him? >> that was the joke on the
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stage but what i really said is be honest. here is a man who could accomplish fantastic things all over the world why is he so popular? because politicians makes speeches and get nothing done at least he will do something. it depends on what time you get up in the morning blumberg says 7:00 maybe six or five. he is so busy running around >> but we although he is a billionaire and inherited a lot of wealth but he builds on that but then you create jobs and opportunities and you get things done. >> he is magic right now every time he is on television he is like magic.
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but then you forget there even running and if you show up on television. charles: that is what you do. with the other nine people onstage they come to you. how do we get out of this shadow? >> and don't talking immigration because just from abuse this but meanwhile it gets bigger and bigger. then they will say he is finished and it is over but now he is bigger again. and he is even bigger with
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the veterans and mccain. but with that situation everybody at tries to come into this country we resent them but there is no toilets there is nothing but disease and miserable conditions and then they want to come in june this country and then surprised they don't want to come back. charles: we need to wrap it up. as a survivor you have had ups and downs are you hopeful america can still be great? >> but all we have to do is build a wall. [laughter] isn't that crazy? the chinese built the wall and they cannot even see straight with their eyes.
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charles: we will leave it there. pullbacks and losses you have to be called because if you wanted to work long term it will but in the meantime tweet me. we will be right back. this allergy season,
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charles: welcome back this is a payne 101. tj asked in light of flops after run-ups, how safe is mobil line. i bristle at notion that recent pullbacks in apple and disney are serious flops, i talk about this over and over, i think you are making mistakes, on
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short-term, a lot of people are just selling, when something goes down they sell. sometimes you are happy they did. but if you sell of dip, you are not going to win. a lot of people are willing to move with the crowd, that is a huge mistake. i am getting a lot of tweets in after markets, i get that everyone ones this but it bears repeating that stocks go down from time to time. we have been spoiled here. there are even times where investors have to take a loss. disney and apple pulled back they are not flops, they are still massive winners. look at where they are for last year, three years and four years, i get that rally is really old, i see it continues, and eventually it will be a bear market, it will not be the end
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of world, as for as regular question, mobil eye, it is not disney or apple look at that chart, you should be up huge on this stock, you can take it ring the register, i would be cool with that, back with us investment pros. shaw, you you know, everyone is different, it is emotions and doing your homework, these knee-jerk moves, you can get whipsawed out of the stocks quickly. >> i look at things short-term and long-term. disney for example if it dips, i love buying it here, in apple dips, i love buying it here, they are not stocks they are quality companies that will increase earnings and def-- dividends. charles: there is something
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about hanging on to a company that broken too long, any particular stock, the fundamental story no longer exists. a lot of people have to go in look at earnings report for themselves. look for yourself. >> absolutely. charles: you marry stocks by the same token. >> we considered sometime contrarian, if we believe that a stock, a company, is participating in a very big theme. it prints today a thousand parts for airbus planes, this is real-time. charles: a real company. >> right, we have been buying that all the way down, it is one of our largest positions. charles: at right now though one of your largest losers on paper. > absolutely, but those are some of our biggest winners long run.
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charles: that is how you make big money. >> tesla another case in point. charles: pledging not to need money that helped donald trump surge through polls it means he has to dig deep into his own pockets perhaps $2 billion, this could be trump's waterloo, we'll be right back.
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charles: one thing we know for sure the race for white house is going to break the bank, super pacs raised $261 million, only 23 has been deployed. hillary clinton has spent $19 million, she is at the top right now, i guess maybe because here poll numbers are slipping but that is worrisome because, they are spending that money and she is still slipping. and scott walker, i think it is iowa or bust for him, then donald trump who plans to fund his own campaign with his own money. >> the beauty is, i don't need anybody's money, that is part of the beaut that's resonates with a lot of people 92 he is right. joining us now liz, columnist for fiscal times.com, and chris hahn, people do love the motion that donald trump will spend his
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own money, but i tell you, i think it could be his water wat, $2 billion is a lot of money. >> i think that is right, these are big numbers. if your former guest jackie mason is correct, we really have no idea how much money donald trump has. charles: officially i think he has $1.9 million, and $1.8 a loan to himself, great to see having someone run for office, in particular white house, not be economically beholden to anyone, we know special interests get up first to the plate. i'm not sure he could pull it off. >> i don't think he needs to spend $2 billion, first billion would be name recognition, we know who he is, second billion that is for organization and other things, he does not seem
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to be running a traditional campaign. i think donald trump -- >> as a political insider, you say you can win the white house without any kind of formal structure, by the way, hillary clinton will spend $2 billion we know her name. >> yeah, well, hillary has a huge organization that 19 million, she has 62 people working for her in iowa, people in almost every state, if donald is serious he will start spending money on organization. right now he has not shown a willings in to do, that his poll numbers are not hurting him, i don't think he needs to spends there are billion. charles: the point is, hillary spending money, with a huge organization, she has before she is missing what trump has that is connection with people. you can hire a army of people it will not change. >> we see no matter how much money she spends that is not
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changes her favorability ratings, and trust issues, the big take away from this, thank heavens, i do not live in iowa they are going to be drowning in political los angeleses. charles: all right, we're less than two hours away from first gop debate tomorrow at 5:00. joining me now, richard out in cleveland, debates taking place tomorrow, richard, must be buzzing like readie crazy out t. >> everyone is excited here, we'll have a bunch of republicans beating each other up, but everyone is excited for perform weather we have in cleveland, but we're ready to end this administration. so this is the beginning, this is the kickoff, the first debate. i think it will be exciting, a lot of people are watching trump. look, i think that donald trump can do real well if he does one
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thing, he takes that passion and tone he kepts it but removes personal attacks, imagine if he could just be passionate about brokenness of washington, just as clear about policy issues, and yet, keep that excitement without attacking people personaly. charles: he was on with tritch today -- trish today he said all of the guys at debate are great, that means someone is getting in his ear. i remember in sarah palin hit stage, she was amazing she took, the numbers went up overnight, in part because she did not have a teleprompter, the more handlers got involved the worse off that campaign was. >> there is no question about that, i think that is true, because that washington-style of politics is broken it tells people to not be so risky, remember not to you know make
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too many people upset, i think that trump has thrown that out. that is super appealing, right now we see on left with bernie sanders, and trump on the right, people are really tired of washington, the challenge is this cap just to capture that. and yet, not be someone who attacks people, personaly, that turns people off, the other people onstage are trying to figure out how will they take a hit from trump, turn it around they have been testing practicing, and debate preps, someone has been trump, someone has been brett baier, they are trying to get down to a science what they will say, i think it maybach fire on them -- maybach fire on them, trump is casual, people want to see authenticity. charles: liz what do you think. >> in i think that trump has to be likeable, past winners
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whether reagan or anyone else, because voters like him at end of the day, if he turns on people, a lot of it will come down to what the anchors ask him. if he is on defensive, he could turn surly this -- in a heart beat. charles: what makes you successful could be a double edge sword. richard have a good time out there. >> thank you. charles: now own be said that -- obama said if congress kills this iranian nuclear deal, they would kill america's credibility. some say that this deal, has done that already. we'll be right back.
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charles: obama blames bush for
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charles: you saw president obama speaking, he continued to defend his iranian deal, he threatened congress to consequences of voting against the agreement. take a listen. >> congressional reject of this deal leaves any u.s. administration that is committed to preventing iran from get a nuclear weapon, with one option. another war in the middle east. charles: all right, chris hahn is back with us, and liz peak, chris, obama the peacemaker, i think he struggled to make his case, and it is a false narrative to say this deal, or war? >> well, look, what else are we going to do?
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we can't keep sanctions on them forever. charles: why not. >> partner in u.n. want to walk away, it is time to try to change them, there are a lot of moderates in iran, grant it they are run by a lot of nonmoderates but we know that seeds are there, in iran. if we give them access to our markets we'll open them up -- >> hold on, hold on you tell me, reward the extremism, this way everyone will be a moderate? we're giving them $150 billion, the nukes you say give them all of this stuff, and this way -- all of iranians will say, golly, that is young path to take we should be more moderate with the world, are you kidding me? they are being rewarded for their -- beligerance.
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>> alternative for us to do nothing they will get a bomb in 6 months anyway. we have an opportunity to moderate what they are doing, keep them from getting a nuclear walmart in at least 10 -- bomb in 10 years, i am deubouious on the iranians, really make sure that works out for the world. charles: you know, jackie mason had fun with this but they have a lot of ways to skim around this. >> they have before. charles: they have a terrible track record, this is a defacto "countdown to the closing bell" to get them -- count down to them getting a nuke. and controlling, the terrorist area. what did we get for this? we didn't even get back our american hostages. >> as negotiations went along, we wanted it more than they did.
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you have to scratch your head and say why is that? what did we give up? demand to know what kind of nuclear weapon lee they were working on. yeah. charles: i think your point is right, we saw this also with cuba, feels like we're winning these things, why do we blink? liz, and chris thank you, really appreciate it. >> thank you. charles: all right, hey, netflix, announcing a new unlimited maternity and paternity leave program, that great for them, but i am worried about there becoming a political issue, washington is far too deep in the poc pockets of busis already, we'll be right back. copd maintenance treatment that helps open my airways for a full 24 hours. spiriva helps me breathe easier. spiriva respimat does not replace rescue inhalers for sudden symptoms.
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year paid leave, that could put pressure on a lot of other companies, that want talent. lauren, here is my thing, i don't care what an individual company does but i know this is a progressive talking point, i worry this economy forced upon us by federal government. >> i think it is unlikely that federal government would push it through, i would argue this is more of a millennial talking point, they are used to working on their own terms. charles: that like, jumbo shrimp? oxymoron, millennials are used to working? >> no, i think they lot of millennials are used to working on their own terms but they are productive they are getting things done. >> this is not a social agenda
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item this is because this company wants to hire, and keep employees, they are in a city los gatos, where unemployment is less than 3% compared to 6% in california, they are struggling against all other tech companies for talented people, i think that is a very smart, one time thing, by the way microsoft today sort of fell in line increasing their parental live, they are starting a trend, but this company can afford it, it is not being dictated by washington. to companies that cannot afford it. so, you know it is constructive capitalism. charles: it is. and again with individual companies, i am surprised -- you know, i don't know if you heard hillary clinton talk about this or barack obama or liz warren, flexibility to work-life balance stuff that sounds like nonsense, you know what that is, paying my bills, having enough money to get my kids through college that
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is work-life balance not i had too much to drink last night so i am coming in at 3:00 innot 11:00. >> it could end up millennials are working more out of guilt or because they love their job, studies shown if women work as much as men, that policy would allow for gdp could grow my 9%. charles: how much months. >> did get off? >> none. >> you are not a good source you have never taken a vacation 92 nasa today, 490 million dollar contract to russia. right, to continue our space program to take americans to space, that program used to represent american greatness, i think we can get it back, we'll be right back.
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>> time now for my marching ordering. tomorrow night, we're going to get the first of several gop presidential debates, and it's going to be a lot of talk about bringing america back to greatness. of course, that's a term that means different things to different people. there was a time everyone agreed that our space program was the perfect symbol of exceptionalism. nasa forked over 490 million dollars in extending russia's role in taking astronauts into space. there's a lot of finger pointing on this. i say if we have a robust economy and abandon the utopia, reliving up to their potential, we could afford to send our own explorers into space. these days neil armstrong's famous call back to nasa from the moon. the eagle has landed has a much different meaning. let's talk about this, tomorrow the big debate, american exceptionalism on the
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table bigtime, and i say this whole thing is a prime example what's wrong. what do you think, liz? >> an embarrassment. this is exactly the issue that donald trump latched onto because americans in terms of our dealings with russia, with iran, et cetera, we feel belittled. here's another example where we're looking smaller than we should be. by the way, it's a completely bogus issue, talking about half a billion dollars which to and you me is a lot of money. the federal government it is not a lot of money. tom coburn's waste book put 25 billion dollars of nonsense on the table that we could get rid of. that would fund the space station. >> richard, no doubt you take a few shrimp off the treadmill and sending our own astronauts into space instead of asking the russians. tomorrow night we're going to get into substance, beyond the talking points, american greatness has to be there. what's the buzz with relationship to that? >> well, look, i think people
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are recognizing that the economy is not helping everybody. and so the candidates are going to have to be very specific what they're going to do. they can no longer just bash president obama and his policies. they can't just bash hillary clinton, they will have to offer an idea of how they're going to get the economy moving. i think that's where trump has a little edge, others want to talk about certain issues that they care passionately about or record as a governor. but trump is going to hone in on the key issue of the economy that people really want to hear about. they already think he's successful. he reminds us all the time that he's really wealthy and lived the american dream. so i think he's going to be at an advantage. if he can come off as liz says likable, he's going to be the winner in the debate. >> real quick, liz, someone who inherited wealth and picked themselves up by the bootstraps, win the hearts and minds of americans.
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>> the greatest landslides, all political landslides have been self-made men, not women yet, but self-made men for sure. >> you were fantastic. again, thank you very much for watching us every night at 6:00 p.m. can't see the show? dvr it. you don't want to miss a moment. lou dobbs is next. lou: good evening, everybody. i'm lou dobbs. president obama today outdid himself. ramping up his rhetoric to insulting offensive levels by equating republicans to iranian extremists who chant death to america. president obama talking at american university, campaigning for his iranian nuclear deal and there he urged voters to contact their representatives in government and pressure them to accept the deal. we'll take all of that up with house foreign affairs committee member congressman ted yoho who says the president's i

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