At the moment we need to stress it is not 100 sure, in fact, not even 50 sure any of this is related to the deadly terrorist attacks on november 13th in paris. Amazing that its right there on the border between paris and belgium where there are checkpoints galore. You can only imagine how tense the situation is. Right there in that town it is actually where one of the ringleaders of the paris attacks is from. I want to get to Ashley Webster. Ashley, youve been grabbing headlines, what do we know right now . Reporter yes. Well, to your point, liz, very uncertain at this point. We do have a quote from french media, from a Police Officer on the scene who says he believes he is 9 9 sure this has nothing to do with the paris terrorist attacks, that its to do with a bank robbery, but these headlines change quickly, its a very fluid situation, so well keep an eye on it. There is, perhaps, a coincidence that it is happening in the same town as one of the believed bombmakers is originally from, making those bombs for the paris attacks. We should also mention its not that far from belgium, right on the border, not far from brussels where belgian authorities announced they are after a fifth suspect. Theyve already arrested four in connection to the paris attacks, now they have a fifth who is on the run. Hes 30 years old, he was seen driving with Salah Abdeslam, they were seen together in a car at a gas station heading towards paris two days before the november 13th attacks. So he is considered dangerous and probably armed, say the belgian authorities. We know that now as the pieces are put together of what happened prior to november 13th, its believed that abraham and Salah Abdeslam hired three cars in belgium over a period of time, the three cars that were used in the attacks. Alabama rah him iowa rah ham detonated his vest, but salah apparently didnt. Pieces are coming together, the question is, is it 11 days too late . Liz ashley, interrupt us if you get anything. Amazingly, and i know youll perhaps be surprised to hear this, the dow and the s p are actually holding up under very, very extreme stress on these breaking news hits. We just saw the nasdaq turn negative. Its down by only two points, but i like to stress this because perhaps as the nasdaq goes, so go the rest of the markets. The russell is still up just half a percent at the moment, and the s p is clinging to gains of just three points as we look at the markets right now. That apparent im stressing apparent false alarm in france just highlighting the fear of terrorism around the globe today. Especially it comes on a day that the fight against isis was complicated by an International Incident as a nato ally shot down a russian fighter jet. That is a picture of what happened, the aftermath. French president Francois Hollande at the white house today trying to convince president obama that working with russia, with russia to destroy the Islamic State, is indeed in the nations interest. The french president seeking a, quote, grand coalition to take on the terrorist organization thats using black market oil largely to fund its socalled caliphate in syria and western iraq. President obama saying today that the terrorists are a scourge that threaten all of us. Okay, we knew that, but dodging the question of working with Vladimir Putin and the russians to stamp it down. Calling russia and iran a coalition of two, two nations supporting the regime of syrian president bashar assad which we mow the United States would like to see removed. Two of the smartest men in the room are reading between the lines, bob hormats, cliff may as we look at that, gentlemen, the increasing threat of terror attacks prompting the government to issue a Global Travel warning. Were going to take you live to jfk in just a moment to see how International Travelers are taking the news. Its so much to swallow here as we watch all of this. I want to get right now to bob hormats because this is a situation and, again, were talking both of the questionable hostage situation and whether theres any relation at all to whats going on, thats the breaking news right now. What happened today at the white house . Did it clarify anything . Calm anybody down . Did you hear anything new, because we did, only one thing, and it came from Francois Hollande, shut down the border between syria and turkey. Well, i think that is one element of it, but its a very complicated set of issuings. On one hand you have the russians and iranians who support assad. On the other hand, they have a lot of firepower in the region if they were to turn it to isis, that would be very useful. But the fact is for the moment many of them really seem to be aiming more at our friends who are antiassad than isis itself. Thats one complicating factor. The other is you need turkey, and the United States has to be demonstrating its support for the turks. Theyre a nato ally. Shutting down the border would help, but that is something the turks liz i mean, we can show this plane going down again, and it was a russian jet who was warned ten times in five minutes by, with all of the details of it, turkey saying it shot down that plane as it crossed into territory from syria. The two planes, there were two of them, ignored several warnings that they were nearing turkish air space. I mean, as im telling you, ten warnings in five minutes, planes kept going, did not retreat. The incident marked the first time i think, bob, in half a century that a nato member has downed a russian plane. Russia is insisting that the plane stayed over syria. President putin said turkeys action is, quote, linked to a stab in the back delivered to us by accomplices of terrorists. I cannot qualify what happened today as anything else. But you look at that, and you say, well, were not going to have a friendly relationship right now are with russia to say lets all band together against isis. No, were probably not. And the white house has been very doubtful about working with the russians in any case because it may well be that their primary be objective, which is to keep assad in power, is not consistent with our primary objective which is, a, to deal with isis, but also weve concluded that assad being in power gives ammunition to the sunnis in syria who are supporting isis because hes going after those sunnis. Liz and its horrible to say, but it is the truth, folks. We had two terrorist attacks today alone in egypt and in tunisia. Cliff may is with the foundation for the defense of democracys president. Are we defending our democracy enough . Because these situations are seemingly spreading and creep, theres terrorist creep, as i guess im going to call it here. Does it come to us . Yes, it has come to us on various occasions, not just 9 11, the tsarnaev brothers, of course, in boston. We have seen over the recent years terrorism spreading into more and more countries and more and more groups being involved in terrorism, and they are not enemies, they are rivals. You have alqaeda, isis which is a splinter of alqaeda, and you have the Islamic Republic of iran. Iran is the arsonist that is now pretending to want to be a firefighter, and part of the problem here is that russia has aligned itself with iran and with its puppet, assad. And i think what bob said is very key. If you want to fight the Islamic State, you have to have sunnis in syria and iraq on your side, and they will not if the prize for fighting with you is that they will be dominated by shiapersian iran. Liz and as we look at, as we look at the creep because youve got thanksgiving two days away, people are terrified, very concerned about this, you wonder whats going to happen. We still have the Syrian Refugees lapping down our doors. Banging down our doors. Canada is saying they will only accept refugees who are parts of families, women, children, no single, unaccompanied males. Do we need to do that . Yes, we need to have a pause, i think thats right, and i think we need to have a very robust more than we do now vetting process. There may be among these refugees people that will be very useful to us because theyll want to work with us in terms of intelligence and go back and fight, that sort of thing, but we cannot bring into the country people who either are agents of the Islamic State or are likely to become agents and be recruited later on. Right now is not the time to have massive immigration from the middle east, from syria, but not just from syria, from other places too. I think this is a time for us, and i would say the europeans, to be very cautious and think about other things you can do about whats going on in the middle east beyond simply letting hundreds of thousands of people into your country who may pose tremendous problems in the days, months and years to come. Liz let me get our viewers caught up here. We now see the market tacking on another ten points, the Dow Jones Industrials up 54 at the moment be, perhaps on the news that this latest hostage situation by the way, involving kalashnikovs, people shot, hostages taken at the border between belgium and paris still happening right now but may not be related to any of the attackers who were in paris november 13th. Bob, former undersecretary of state, the u. S. State department has issued a Global Travel alert. Cliff outlined the sort of panoply, weve got alqaeda, isis, lets not forget boko haram in nigeria, but our markets are holding up, and yet we do have terrified people in this country who are wondering how do we keep ourselves safe . The president said i finally understand how you feel, you know, he mentioned that during the meeting with hollande. But what do we need to see versus hear . Well, i think weve got to see a number of things. First of all, this is metastasizing. There are, theres a lot of evidence that isis is not just in the center of what it calls its caliphate, but has these what they call distant or foreign provinces. So theyre actually adopting relationships developing relationships in sinai, theyre developing relationships with boko haram, relationships all around the world. And they doubtless have cells or people here who are influenced by them. We have a global phenomenon be here. We cant simply fight in the region, although i think we have to deal with the power thats at the center which is syria and iraq. But also were going to have to work very hard with other countries with good intelligence to go after them wherever they are. And theyre in a lot of areas. Liz well, the word metastasized is really disturbing, but i think it accurately portrays whats going on. We want to thank you and cliff so much. Breaking news is developing as we speak. Bob and cliff both really articulating the concerns right now, but its a global, jittery atmosphere as we have a hostage situation underway in paris right now. As soon as we get more details, we will bring them to you. Its right there on a very tense belgian France Border at the moment. Those terror attacks in paris and mali and todays new attacks in egypt and tunisia prompting the government to warn American Travelers as i just mentioned heading overseas to be wary of another attack. Fox business spanning the globe with reaction from travelers here and those who have already arrived. We will be right back. Dow jones industrials up 56 points. Boy, that sure looks like a peaceful picture. Find some way of working with the russians and iranians even if its uncomfortable if for us. I have asthma. One of many pieces in my life. So when my asthma symptoms kept coming back on my longterm control medicine, i talked to my doctor and found a missing piece in my asthma treatment. Oncedaily breo prevents asthma symptoms. Breo is for adults with asthma not well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Breo wont replace a rescue inhaler for sudden breathing problems. Breo opens up airways to help improve breathing for a full 24 hours. Breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. Breo is not for people whose asthma is well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Once your asthma is well controlled, your doctor will decide if you can stop breo and prescribe a different asthma control medicine, like an inhaled corticosteroid. Do not take breo more than prescribed. See your doctor if your asthma does not improve or gets worse. Ask your doctor if 24hour breo could be a missing piece for you. See if youre eligible for 12 months free at mybreo. Com. Liz it is the day before one of the busiest travel days of the year, thanksgiving just two days away. Its actually been a record year for travel in the u. S. This year with nestic flights through august up 5 from the year earlier. But a lot has changed since then, so we sent gerri willis to jfk, one of the busiest in the world, i can only imagine the chatter right now. Now weve got this hostage situation developing on the border of belgium and france, perhaps unrelated. As you know, as youve heard ashley talking about this terror attack, but nonetheless, inspiring unbelievable fear. Reporter thats right. And i have to tell you, you would think there would be fear here at jfk, but we have spent the morning talking to people about how they feel, what they make of this new alert from the state department. They are undaunted. They want to travel, theyre going to travel. Let me tell you about the state department alert. The state department telling americans who are traveling overseas that groups are planning attacks in multiple regions. Who are those groups . Isis, alqaeda, boko haram. Heres what the state Department Says you need to do if youre traveling internationally or at all exercise vigilance in Public Places like the airport, and be aware of your immediate surroundings. They say dont go to places where there are lots of people gathered. Now, that is going to be super difficult this holiday. Over thanksgiving, people want to go to Public Places, they want to go to sporting events, parades, they want to see their friends and get together. So one piece of advice that the state department is giving that you shield to hear, enroll in their smart traveler program. You can find that at step. State. Dove. You enroll there, and then you get texts to your phone, information about areas that might be in trouble, places to avoid, where you dont want to go. And you can also tell embassies in other parts of the world that youre an American Travel anything their country, then our country will know where you are as well. So just caution, steps to take as you make your plans for travel over in this holiday season. A lot of people are worried, but ive got to tell you, liz, the americans here at jfk are undaunted and are continuing to fly. Liz theyre thrilled to be here, thank goodness. Im going to alabama for the alabama awe bush game. [laughter] auburn game. Reporter all right. Go, baby. Liz gerri knows, if i ate chipotle yesterday, im still going to alabama. [laughter] wu unafraid and undaunted at fox business. As you look at, for example, we thought wed show you the international, specifically the International Airline carriers, they are moving lower today after the u. S. State department issued that Global Travel warning of increased terrorist act tifd around the globe. But weve also noticed the regionals like southwest or jetblue are also moving lower at the moment. Everybody down about 2 at the moment. The closing bell, were 41 minutes away, and we are keeping our eye on that developing story as well as whats going on around the globe. But a hostage situation still underway on the border of belgium and paris, and were watching it. Its not possibly related, we have to stress that too, all of the terror thats going on. It could be a robbery gone bad. Just stay with me, and ill keep you posted on that. In the meantime, we did get a pretty interesting gdp revision that wasnt as bad as people thought. Trash picking may be the new way to read the economic tea leaves. Is garbage an accurate indicator of the u. S. Economy . We dont need an economist to translate what all those amazon boxes and torn gift wrapping mean, weve got this guy. Were going dumpster diving with the ceo of Waste Management to feel out how were really doing. But what if you could see more of what you wanted to know . With fidelitys new active trader pro investing platform, the information thats important to you is all in one place, so finding more insight is easier. Its your idea powered by active trader pro. Another way fidelity gives you a more powerful investing experience. Call our specialists today to get up and running. Come on, wake up come on, why ya sleepin . Come on what time is it . Its go time. Come on. Lets go, lets go, lets go. Woooo hoooo yeah i feel like i went to bed an hour ago. Ill make the cocoa. Get a great offer on the car of your grownup dreams at the mercedesbenz winter event. Its the look on their faces that makes it all worthwhile. But, hurry, these offers end soon. Thank you santa liz boy, these guys on wall street have pretty strong stomachs, because the market is holding up under extreme breaking news at this hour. We are actually now getting new details on the november 13 beth attacks that aaged paris, so were going to get back to Ashley Webster whos got some breaking news. What is it . Reporter yeah, liz, it makes for some pretty interesting reading. The paris prosecutor saying that the ringleader of those november 13th attacks, abdelhamid abaaoud, does, indeed, have blood on his hands. Its believed he was in a vehicle that plowed down dozens of people prior to the attacks the gun and bomb attacks on the cafes and bars of northern parts of paris. Its believed he then drove the car that was involved this that, dutched it off on the outskirts of paris and came back into the city center on a metro, on a subway train. And at that point he started to walk around and look at those terror sites as they were being targeted, looking at the handiwork, if you like, of his colleagues including cell phone records that show he was outside the bataclan music hall while that carnage was going on inside. The prosecutor also saying that there was, in fact, a tenth person directly involved in the paris attacks. His identity is still known, its believed he died in that raid some seven days ago at that apartment. He is yet to be positively identified, but they believe he was the one who drove the car to deliver the cafe be shooters. Also being confirmed that they were able to thwart another attack that was planned for six or seven days after the november 13th attack, it was centered on an area of paris thats a commercial section full of skyscrapers, corporate headquarters. Theres a Shopping Center there. It was believed that was the next target about six days after the friday one. But that was thwarted after abaaoud was killed in that bloody shootout. All sorts of information and, by the way, liz, since november 13th attacks here in paris, 1233 raids have been conducted by French Police and military units. Liz well, not for lack of trying. And we have this, french jets have destroyed an Islamic State command center west of mosul in iraq, and thats coming from a french official. Ashley, thank you. And i do just want to get our viewers up to speed on whats going on. Till no word on whether eres a direct relation to the armed hostage situation involving accomplish that cover accomplish that cover kalashnikov riflemen just at border of france and belgium in the town of roubaix, and its not immediately clear if theyre links to the november 13th attacks. Who can be sure . We have medical and Fire Services on the scene, and they are trying to get us more information. Well get it to you, we promise that, as soon as possible. Back home we have the latest Economic Growth numbers that came out, the second revision of Third Quarter gdp, revised higher to 2. 1 from 1. 5 . So, look, you could argue thats in the rearview mirror, but were about to give you a window albeit a dirty window view into whats coming for the fourth quarter. Call it trash is treasure indicator. The more people buy, the more they throw out, the better the economys doing. From amazon boxes to cans full of crumpled wrapping paper and voila, you have a loose gdp estimate for the fourth quarter. Thanks to this guy, see you of one of americas largest trash haulers or, youve got a direct line by gauging what theyre throwing away . Absolutely. When you throw it away, were going to take it and recycle it, and itll be back next christmas as another box. Liz oh, i am the recycle mama in my house. This has to be recycle tokinged. But looking at we talk about the amazon cardboard boxes, theyre everywhere. What can you tell about current Economic Situation . Yeah, well, you know, other than christmas i mean, obviously, retailers and people like that, they make their money during christmas. But when we look at the broad economy over the course of the year, we sort of see steady as she goes. And thats, you know, i like to say that the new normal is that the economys doing okay. And after 2009 i think we all are pretty happy with okay. Liz im not. We have got to see it break loose. Liz i would love to see better than okay or at least sort of good. [laughter] is this enough to say, for example, get you to increase your business . Yeah. So for the First Time Since 2009 in 2016 we expect to see positive volumes. You know liz oh, thats news. Weve got a big cost structure, and a lot of that drops straight to the bottom line, so we expect volumes to get better throughout 2015, into 2016 not only from retail, not only from boxes and recycling, but also from the manufacturing and industrial space. Liz so see that trash pile on the screen . In a possibly smaller smells like money to me, by the way. Liz yeah. Its got green in there for you guys, but it was in paris that a similar pile of trash revealed somebody found a bomb belt. They found it, it was without the detonator, but it is clearly from one of the attackers of november 13th. Yeah. Liz what kind of protocols, im just interested to know, do you guys have in place if you find a weapon or bombmaking materials . Do they know what to look for . We have found so many pieces of evidence from crime scenes both committed and to be committed, and its interesting, literally its like looking for a needle in a haystack, and we cooperate with federal and local authorities all the time. Andst truly its truly amazing, because when we put that waste in, we map where it is all the time so that if somethings in there, whether its evidence of a crime or a crime to be committed or, for that matter, someone threw hazardous ferrell material this there, we can dig it up. Three times since ive been ceo, weve had folks lose their wedding rings liz and you found them. Every time. Liz well take wedding rings over bomb belts. Absolutely. Liz its fascinating. Trash is treasure for you. Absolutely. Absolutely. Liz happy holidays to you and your family. Dave steiner is the ceo of Waste Management. The closing bell, were exactly 30 minutes away, and the markets Still Holding on to decent gains. To the election trail, donald trump still leading the gop pack, maintaining his front runner status with brash attack on his opponents that up until about 19 hours ago went unchallenged. Its changed as one candidates pac thats behind it, Political Action committee, kind of fires a shot across the bow. Were going to tell you who produced the ad youre about to see next on countdown. Watch. Somebodys doing the raping, don, i mean, you know, somebodys doing it. Its women being raped, well, whos doing the raping . Wolves this way. This way. [laughter] be how stupid are the people of iowa . Jeb bush heres the truth you will not hear from our president we are at war with radical islamic terrorism. It is the struggle that will determine the fate of the free world. The United States should not delay in leading a Global Coalition to take out isis with overwhelming force. Their aim is our total destruction. We cant withdraw from this threat or negotiate with it. We have but one choice to defeat it. Vo right to rise usa is responsible for the content of this message. Hes not a war hero. Hes a war hero. Hes a war hero because he was captured. If ivanka werent my daughter, perhaps id be dating her. [laughter] oh, thats so weird i have a great relationship with the blacks. Ive always had a great relationship with blacks. The blacks. Liz its a best of sort of worst of of of donald trump. Thats just part of the ad a super pac has released attacking donald trump. Hes the first to deliver that kind of blow, this after the wall street journal reported that the gop establishment was planning a, quote, Guerrilla Campaign against trump. Trumps lawyer told cnn this morning that if republican donors band together as a little army of sorts for an antitrump campaign it would be, quote, a bad, bad idea. Lets bring in john hart, editorinchief at opportunity lives and hank sheinkopf, a democratic strategist. Hank, who done it . You know, the Establishment Republicans have done this. They would like donald trump to disappear, and maybe its not the greatest idea because the great beneficiary for the republicans is hillary clinton. Liz john hart, do you think its kasich behind this . Its actually a guy running a pac who is now in new hampshire, but is now in ohio. Republican primary voters want to hear are what the candidates are for, and i dont see this ad as a game changer. Many of these things are old news. Its a fun montage, but what is a game changer is whats happening in syria, what happened in paris. And ive argued for months that trump is weak on Foreign Policy, you know . Carson is weak. He has a confused rather than commanding presence. So i think news is going to have a bigger impact than these ads, ultimately, on the race. Liz on our screen weve got donald trump at 25 , this is the latest quinnipiac poll, ted cruz just 2 behind which is virtually a dead tie because, you know, with the margin of error. What does that tell you . Ben carson at one point was above donald trump in polls, its a fluid situation. These kinds of extended primary president ial elections, things tend to change. Now cruz looks good, hes going to go into iowa, and he may very well win iowa because carsons dead. Liz santorum won iowa, huckabee won iowa, neither of them became you werent at their press conferences at the white house . President huckabee, you missed it . Liz i missed the christmas invitation. [laughter] where do we go in here . A lot changes between now and february, does it not . Of course. This process is a lot like buying a house. You go out house hunting, you find a few houses you like, but when it comes time for the Home Inspection, theres only two or three that liz oh, i like that analogy. I dont think trump and carson are going to pass the Home Inspection whereas a handful of them will. Liz i just bought a house [inaudible conversations] but sometimes you take it thinking that itll get better, you know . Hank, you were saying that donald trump is or, john, you were saying that donald trump is weak on Foreign Policy, but hes strong, hank, on the bullhorn, on the large mouth, the bigmouthed talk. And that is working with some voters right now, especially with the fear and loathing going on in the world. Yeah. But what john said a few moments ago is, in fact, true. People want to see what that house really has, and what donald trump doesnt have is a clear Foreign Policy position. What he has is populist rhetoric. Liz what does jeb have . Hes in South Carolina today, john, and people are waiting to see if hes the guy that the Establishment Republicans can finally sort of move up front at a certain point. This is a live picture, by the way, of jeb right now in South Carolina at the moment looking natural, calm, excited, interested and focused. Well, i think whats happened in paris, tragically, has created a contrast between not just republicans and obama, but democrats and obama. You know, president clinton had a very forceful response in kosovo 16 years ago. We had 183 strike sorties per day versus isis back in july we had 11 per day. So weve seen russia come into the power vacuum, thats why weve seen the downing of a russian jet. So jeb bush is qualified to fill that vacuum, marco rubio, i think, is as well. But thats the dynamic, because you have a president whos created a situation that republicans are trying to solve to. Liz okay. By contrast, does hillary look strong . If you look at the data, her numbers are coming up. Why . Because obamas are going down. Shes filling that hole, and shes back to the person in many ways who she used to be, the hawk on defense. Liz great to see you, thank you very much. The dows losing its gains right now be, it was up about 3640 points, at one point up 54 points during this hour, right now up 17. Were watching it for you. Some of you didnt think it was a good idea i dont know why for me to eat a chipotle veggy burrito bowl yesterday in the midful to middle of an e. Coli scare. Now weve got another, the breaking news on that ahead. And baby buffett still struggling as his Pershing Square fund falls amid the valeant pharmaceutical scandal. Charlie gasparino tells us if bill ackman, though, might have the last laugh. This as ackman doubles down on the stock, hes owning more and more of it. Billionaires, they do crazy things sometimes. Well see. Are you on medicare . Do you have the coverage you need . 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Just a few ways we connect you with the people and programs. To help give you a better healthcare experience. Call to enroll today and enjoy these benefits and more, like renew by unitedhealthcare, that rewards you for making healthy choices. Your healthcare needs are unique. Thats why, with over 30 years of medicare experience, well be there to help you along the way we can even schedule your appointments. Open enrollment ends december 7th. So dont wait another day. If youre medicare eligible, call now. And talk to unitedhealthcare about our plans, like aarp medicarecomplete. Lets get you on the right path. Call unitedhealthcare today. Liz weve got some breaking news on costco and e. Coli. The outbreak not just confined to chipotle, now the Colorado Public Health department is investigating this, at least 19 people from seven states have been affected with the e. Coli strain linked to costcos rotisserie chicken that was mixed into the Chicken Salad sold at costco. The majority of the cases are in the western states. Costco shares spiking all over the place as this news breaks, in fact, we saw it drop pretty significantly. This is the intraday picture. Now its down to 1. 12 to 162. 23. Well keep you posted. Yeah, its getting a little worse here. Meanwhile, shares of chipotle moving higher by 3 after a messy e coli outbreak connected to the restaurant chain spread from the Pacific Northwest to a number of other states including here in new york, and im still here. I challenged what could have been a dreadful fate by eating my beloved veggy burrito bowl you cant get it from that, because theres no chicken in that. Liz they use the same utensils. You can see what happened oh [applause] liz austin says dont eat it. Marco . Do. Liz marco wants me dead anyway. [laughter] wow. Liz ill eat this whole thing. I could eat it in one sitting. Wouldnt it be great if you did a little exorcism right there . Green stuff just liz my head started turning around. I am happy to report so far that everythings fine. Youre not going to puke on me, are you . Liz oh, it has a 10day incubation period . When did you do that . Liz yesterday. [laughter] we asked all you guys on facebook and twitter, heres how some of you responded. One said, nice knowing you, liz. Ann tweeted that shes waiting for the chipotle vaccine, and steven posted on facebook if we dont see liz today, does that mean she got sick from chipotle . Im alive and well. I survives the burrito bowl. The name chipotle makes me a little ill. Liz oh, grow up. No, i dont like it. [laughter] liz i dont like it, i love it. Lets get to wait, are they an advertiser . Liz not yet, i dont think. If they are, im sorry. Liz speaking of loving it, charlie, ackman, the billionaire, cannot love valeant stock enough. It does continue to climb higher, and ackman has doubled down on the Embattled Company pushing his holding to 9. 9 from just 5. 7 . Stock is up threequarters of a percent, but if you stretched it out to the past three months you can see, charlie gasparino, this stock was hammered right. Its down, i mean, its down tremendously since liz there you are. Am i . [laughter] you looked over my shoulder like something was happening. Liz believe me, when somebody sneaks up, i wont be telling you. A hammer. [laughter] valeant, hes upping his stake. Now, we should point out that liz doubling his stake. This is typical bill ackman. If you follow his investments, this is a guy who makes a few concentrated bets, and he doesnt back off. Now remember mbia eventually, you know, basically imploded during the financial crisis, ackman began singing, basically, warning about mbia having problems of bond insurance tied to mortgage, residential and commercial mortgagebacked securities and it would be problematic for the company years before, and he stayed with it. So thats ackman. He stays with his bets. He has two that look like losers right now, Herbalife Liz were looking at val i cant. And now its valeant where he doubled down on his investment. Thats ackman. We should point out that since its hit its lows, valeant has spiked a little bit. So, you know, the markets see some positive in this thing. But i will say this, bill ackman and this is where, you know, what happens out there . Why do we report this . A lot of investors copy these guys, right . They go out there and they model their portfolios liz people copy buffett all the time. So this is what we do. We should point out that if youre copying ackman, remember, this is a guy that is wildly right and has also been widely wrong. So just be real careful with this thing. This guy plays the market, he hedges his bets. Hes a sophisticated investor. His wrong might cause more damage than you plague less damage than when you play his wrong. Hes going to hedge, hes going to do stuff that protects himself. We should point out that if this investment does not turn around this year, ackman could be down he was up, like, 40 last year. I mean, its not out of the question that he could be down 3040 this year. Hes down Something Like 20 from what i understand. Great investor, but hes been wrong on a lot of stuff, hes been right, thats part of his game. You accept that if you play with him. Liz ive got some nice costco rotisserie chicken. John testifier will tell you the easiest way to get sick in a restaurant is from workers not cleaning stuff, not washing their hands because of e. Coli and chicken. Youve got to listen, when i cook chicken at home, im spraying down everything where bleach. A lot of these places dont do liz i pour purell directly on the chicken. [laughter] no wonder my kids dont eat my food. Its more important, and i worked in restaurants as a killed, to clean all surfaces where chicken, where the water from the chicken and, obviously, get fresh chicken. Liz and get hepatitis vaccines. Now that weve gotten everybody upset about eat toking ahead of thanksgiving, were apologizing. Charlie, thank you. You asked me how to do a turkey. I told you. Liz its called whole foods. Wash it with vinegar. It kills a lot no, it kills a lot of the germs, and you dont get liz and then the purell . Dont use that, thats bad. Liz closing bell ringing in eight minutes. Now were up 13 points, 17,80 for the dow. Up next, speaking of thanksgiving turkey, it isnt the only thing at risk of being overstuffed. Is a Market Correction on the horizon . How do you play it . Our countdown closer has a specific strategy. You could actually make money in these last eight minutes. Stay tuned. Liz all right, we need to say this, stop the insanity. Marco, be quiet. And, no, we are not talking about the terrifying global headlines. Are we setting ourselves up for another correction . Joining me now, don shriver, you say this has nothing to do with the exogenous events and the worrisome global headlines. What we have right now is people focusing on, for a very long time, this backstop that we have that the fed be gave us of qe, quantitative easing and low Interest Rates, zero Interest Rate policy. Liz okay. Ive herald this preamble a million times, were going to have a huge correction, but youre still sticking with this prediction. You bet. 2014 earnings started to decline quarter over prior year quarter, and theyre accelerating on the downside. This quarter, the Third Quarter, looks to be a 13 or 14 over last year at this time. Stocks typically dont continue to rise as earnings continue to fall. Liz okay, but see these divots . Can we go backing to year to date on s p, and you will see that same divot on nasdaq that happened around the time china had a tantrum in its stock markets. China is rebounding just a bit, and what do we see . Were pretty much where we started before that point. Its almost even there on that thing. So why should i worry now that that correction didnt even hold . Well, that wasnt really a correction. It was a 10 drop in liz sounds like a correction to me, but go on. Okay, well, we expect a much more significant price based on huge fan between fundamentals and where we are in terms of prices. That tends to reconcile. Usually takes about four quarters of negative earnings for the market to wake up and realize, for investors to realize. Liz four quarters. Things are not so good. Liz what is the strategy. Only invest in stocks with positive trends of the you can still find stocks with decent value and have growing revenue and growing earnings. About 30 of the S P Companies still fit that criteria. Liz that is not a huge percentage. You did work for our viewers. Hasbro, web co, fair isac, fair isaac is fike these are kind of companies we need to be looking at. Theyre still pretty pricey. Most of the stocks are still selling relatively high pe. You have to be careful an have Risk Mitigation. We believe Risk Mitigation having stops under your securities if things start to turn. Liz you might be busy that day. Yes. Liz might be putting purell on the chicken. Don as we look what is going on, we know the Federal Reserve meet 15th, 16th of december. Will they race rates, should they raise rates . I think it is wrongminded for the fed to raise rates. Only typically raise rates economy coming at recession overhetz, 5, 6 growth rates. Were still 2 growth rate. Liz im listening to you right now. Well see what happens. Great to see you. Don schreiber. Thank you. Liz dave, melissa we have a bit of david i want to know what purell was on a chicken. Melissa saw that on real housewives. David thank you, we have Serious Business here. Russian jet shot down over turkey near the syrian border. Things are getting gnarly than ever. Is this what happens when we dont lead . Melissa men taking hostages in northern france. Authorities dont believe the situation is linked to terrorism or deadly attacks in paris. David refugees, are they after the good life or a threat our safety . A journalist traveled from turkey to greece with a boatload of refugees, with a shocking report what he found. Melissa stocks not deterred by terror ending the day in the green. [closing bell rings] look where were ending the day. David all indices to the upside. Interesting oil had such a huge bump. As people try to figure out what the feds next move will be. Melissa while markets wait for tomorrow, here is everything you need to know right now. Turkey shooting down a russian warplane over syria, claiming it violated turkish airspace. Jennifer griffin standing by at pentagon on