She repeats thing withs no evidence and idf and own pentagon and biden himself said, hey, this is not true. Its very dangerous if hezbollah enters this conflict. Very, very dangerous and even worse if iran does. We need to assist the israelis in gathering as much intention. Israel needs assistance if the conflict emerges and how much depends on the conflict. If its just a gaza event, thats one thing. If its gaza and something up north or broader, god forbid, its something totally different. Stuart morning, everyone. 11 00 on the east coast. Check the markets and red is appearing. Dow down 130 points, thainy loss for s p down 8 12 ratter and s p down 10 point as we speak and nasdaq down 5. Price of oil, coming double dowa little, 88. 79. The yield on 10year treasury going up again, 4. 94 . Its flirting with 5 . Not good news for stock investors. Now this. Save money and you should be getting around 5 on your savings. Buy a house and pay 8 on mortgage. Thats the new reality, folks. Were living in a high Interest Rate world. Seniors may like it. Youngsters will not. Take the 5 rate on savings and there are plenty of older folks and only too happy to put their money into dead, safe, Treasury Security asks have not seen such a strong return for years and by the way, you get a small tax break adds well. Then theres the 8 mortgage and theres a real some for everybody and especially younger home buyers. A week ago, you could pick up 30 year fixed Rate Home Loan for just over 7. 5 and now its 8 in a week. That means on a 250,000 loan, your Monthly Payment went up about 90 just in one week. When it goes up so quickly, home buyers shift plans. As we heard earlier this morning, people are just not buying. And by the way, nearly four out of ten buyers under the age of 30 needed family help to get into a home of their own. The American Home ownership dream is fading, and i think thats not good. You cant just wave a magic wand and bet back to the good old days and cant pass a law and make a rule. The rate you earn on saving ands pay on your mortgage are out of your control. Third hour of varney starts now. You would agree the American Dream of hope ownership is fading for youngsters. They feel like its being kneecapped. Theyre watching whats happening in the world. Theyre watching these rates go up a fed hold these rates high. It was late to the inflation game. The Administration Spending and spending sports grill spending not coming down as fast as we need and that for a young person is frustrating because they look ahead and they say, whens that going to change . Is that going to change any time soon in my life to pursue the things i want to pursue . I think a lot of families, young families right now are saying i dont see it changing. You dont want to frustrate young people in a society. Stuart no, you dont. Theyre the growth engine. You want them to be helpful. Stuart lose faith in capitalism and the American Dream. They can climb the food chain by effort and honesty. That, you lose contact with that. They lose contact with that and looking expander saying is there Something Else that works better than capitalism and democracy . When you start asking those questions and weve seen it in polling and thats a bad situation. Stuart they turn to socialism. See it all the time. Biden as in President Biden tops trump by four points in a new poll and hes getting massive donations from billionaires like george sore sorrows. This bole soros and think trump would be more popular now. If thats the narrative coming out of all of this, it helps trump. Now one thing biden could do, i dont know if hes going to do this and this stood up till the radical wing of his party. Thats pro hamas and pro terrorists and he stood up to them and thats the sentries and will he do that . If you have the guts and you can do it tonight. Stuart he could. Hes at 8 00 and updated at nfl tonight. If hes pro israel, he should say that. And hes not that bad. Trump may not be that republican i believe. Vivek ramaswamy is considering dropping out, tim scott is struggling to raise money and nikki haley and mike pence are the only two with Foreign Policy experience. How is this next debate shaping up here . You know what, theyve had two bites at the apple to try and make something happen, and they just havent done it so you do start having to ask the question, whats another debate going to give you . What are they going to say thats going to break out of the rut theyre in. Just havent seen anybody be able to do that, state court, what i hear ramaswamy saying seizure disorders have to find Something Else. The debate is not going to be it. Maybe its the oneonone debates or Something Else that the republicans dont want to let them have by the way. If you want to be in the next debate, dont do any outside debates and i have to shake it up. Maybe Something Else is the way to go. So creativity is good. Stuart yeah, what would that be though . Lauren trump has to get in. Go facetoface with trump. Dualing and need some kind of rhetorical dualing. Stuart why would trump get in when hes leading by so many points and everybody else is trying to catch him . Lauren i dont think he will. Thats what the other candidates need. Stuart youre right though. Youre with me for the hour i believe. Jaire okay. Stuart thank you very much indeed. Very kind of you. Remember the list of celebrities that said they would leave the country if trump was elected . Theyre still here by the way. Lauren oh, whoopie, b barbara streisand. Stuart i dont care who but tell me. Lauren sher, she told the guardian in donald trump was elected shed be out of here. Shes got beef with the republicans for her position on the Trans Community because her child chaz is trans. Stuart okay, moving shoplift we along. Turning to the markets and david is with me this morning. I want to get into this number we got earlier this morning. Existing home sales, a 13 year low on an an an annualized basid selling animal it takes months to do it and today the buyers on the 8 mortgage are having a difficult time finding a loan. Also the credit qualifications that banks are utilizing, completely different. I actually just went through a whole process here myself and i was like how on earth is the average person going to be trying to figure out how to do this. Seven in ten are getting turned down according to to my mortgage guy. Stuart sorry to interrupt, i want to chime in on this. Getting a mortgage these days. If youre not good at Technology Like myself, getting all the Information Online is absolute murder. Thats more of what the regulation side of things does and they have to hit all these specific variables and banks are going to try and be picky eaters right now. Youre exactly right, stuart. Its becoming more difficult and the speed of transactions is slowing down as a result of these tighter standards at banks today. As you know, looking at real estate, a lot of people right now trying to find out if this is a buyers market and sellers market . Lock in at three and people to sell and buy at a higher place. Its a difficult place. Stuart jay powell starts speaking at the Economics Club of new york i think it is at 12, noon, less than an hour from now. I think he should comment on Government Spending but i dont think he will. Are you with me on this . Yes, sir. You know, as we look at house right now not having a speaker, this is a moment where we need leadership right now in our nation. Powell has taken this and ill be politically neutral position here, but i dont think thats actually legally what hes required to do. Hoe said im not trying to comment on things. Congress cant lean on him to reduce rate sos they get votes, but he absolutely has the obligation and my opinion the moral obligation to communicate with congress that this print and spend that theyre doing is literally driving our nation into the ground right now. We look at where we are today with the debt vealing, weve been adding 22 billion daily in new debt. We hit 33 trillion a month ago. Thats 650 billion weve added in the last month, stuart. Thats unsustainable course. Stuart on all accounts. David, sorry to account you short but ive got to go. Find out what he has to say in a few minutes. Lauren is back looking at movers including amazon. Lauren so they have new up 2 . New Artificial Intelligence and row bat icks in their ware robotics in their warehouse operations that can move products around 25 faster. Then identify inventory issues up to 75 faster. So i think its amazing. You go on amazon and get product in two hours. Get products soon in like two minutes at this rate. Stuart yep, remember canada goose, those blackjack ets that took the market by collar. Lauren fur collar and expensive. They got two downgrades at wells fargo and td cohen and stock is out 6 . Three reasons, its not spoken about as much on social media. And they mentioned the weather. Are we going to have a mild winter . Then mentioned china slowing down. Stuart i bought one of them once and it was too hot. Lauren so such thing as too hot. Wear it in the studio, im always freezing. Stuart founder of huda, huda, beauty facing a boycott not wanting blood money from israeli customers. Oh deary me. White house announcing millions for humanitarian aid for gaza and they worry it could end up in hamas pocket. Grady trimble has that from the white house. 2024 gop candidates like ron desantis want the u. S. To deny entry for people flees gaza and my next guest warns of letting these people in and possible terrorism. Nicole parker joining me next. vo Verizon Small Business days are back. 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Whats being done to make sure the money doesnt end up with hamas . Reporter stu, the Biden Administration says humanitarian aid to gaza going through vetted, international and nongovernmental organizations, ngos which will be responsible for distributing it. President biden insists hamas wont see a dime of that money. Already the administration is coordinating we script to allow a corn v convoy of vehicles into egypt. If hamas doesnt let them go through more get to the aid, its going to end. Reporter the white house said the un relief and works agency is one of the organizations responsible for districting the 100 million, but if it is, republicans in congress say hamas has a long history of stealing resources from that agency. Either way despite the president s reassurances, republicans are skeptical that the money will end up with the palestinians who actually need it. Youre not. Youre not helping them. Youre not helping them. Youre helping hamas and the palestinian authority. Youre giving money to help hamas to go kill more babies and destroy more babies and destroy more families. Thats exactly what youre doing. Reporter separately, President Biden will request another 100 billion from congress, some of that money will go to israel but also to ukraine and, stuart, some republicans in congress have a problem tieing those two batches of money together. Stu. Stuart grady, thanks very much indeed. Former fbi agent Nicole Parker joining us now here on the set in new york city. Obvious question what are the security risks of accepting Palestinian Refugees from gaza into america . Right now, were in a very, very difficult situation with the strife in israel is not the time to open up from refugees from the palestinian region and theres enough problems in the United States on our own soil and spreading resources even more thin at this point. To bring in refugees, thats a complex situation and vetting is extremely long and were talking months to years and to open it up to say, you know what, lets allow all Palestinian Refugees in the United States to help them out right now would be a grave mistake. We cannot its very difficult to differentiate between who is the enemy and who is not. Now is just not the time to do that. In the last ten years, theyve only allowed in about 600 Palestinian Refugees so its very serious matter and weve got a lot of risks that were looking at on our own soil. It is not the time to be opening up more potential risks. Stuart one of the risks might be the special interest aliens that are being at the border coming across. Who are they and what are they doing . Whats the terror risk . Thats a great question. Youve got individuals coming from different very dangerous syria, different regions of the world that they should not be coming into the United States but because we have an open southern border, theres no one stopping them right now. That is a very huge risk for our country. Stuart it is. If there are terrorists that are coming across and getting organized awaiting the word from some foreign power to be activated, that would be a catastrophe for the United States and in particular for bidens open border. Yeah, i mean, i cannot tell you how dangerous that open border is because, again, we have a very difficult time just tracking who is here with who we know is in the United States without knowing who is here it make it is even more complicated. The fbi in particular, you know, theyve got tons of threat tips coming in to weed through those and to sift through those one by one is very overwhelming and now is not the time to spread Law Enforcement resources even more thin. The intelligence community. Weve got to phenomenal customer on all the new coming be focuses on the new coming tips. We try to focus on all efforts at all points but now is the time to shift to foreign terrorist groups that may have appeared to be dormant in the last several years and a chance to have a resurgence and we have to be careful here in the United States and have individual lens, keep your head vigilance, keep your head on a swivel and be aware. Stuart january 6 got all the attention and now time to move to terrorism. Thank you indeed. Good to see you. Thanks, nicole. Founder of popular cosmetics brand, huda, huda, huda, not sure the pronunciation. Theyre calling for the boycott. Lauren that model was a picture of huda herself. Shes an iraqi american. I was stunned by her comments. On social media, someone wrote in, hey, israeli women use your products and really like them. Her response was, she doesnt want their blood money. Stuart good lord. Lauren let that sink in. Shes the owner of a business and major brand. The backlash has been pretty swift. Theres a petition, thousands of people sign it had to band her brand, huda beauty, from sephora. Stuart iconic deli in new york city vandalized . Lauren its a jewish dellly on the upper east d deli and vandalized with swastika images and across the street. The owner doesnt think its a one off. Im not afraid to walk around new york. I am afraid of what can happen and what the future holds. People are outraged that theres a swastika put on my store, and i think thats fantastic. What can be done more is other signs of hate out there is theres swastikas out there and all that is calling for murder of jewish people, and i think people need to recognize it when they see those other symbols. Lauren tensions are high on the streets and these are triggering and that owner, Jeremy Lebewohl on our program tomorrow. Stuart yes, he will. This is coming at us right now. Sourcestell fox there will not be a third speaker vote today. We hear jim jordan still plans to continue to run, hes not dropping out but no vote today. And jordan will back mchenry as the temporary speaker until january. Thats new. Again, therell be no third speaker vote today. Thanks very much, brian, for being with us for the hour