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tv   Varney Company  FOX Business  September 19, 2022 11:00am-12:00pm EDT

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♪ ♪ stuart: good morning, everyone. today is monday, september 19th, a historic day as the world says good good-bye to queen elizabeth ii. a service is about to begin at st. george's chapel, a ceremony with 800 people present including the royal family and their personal staff. at the end of the service, the queen's coffin will be lowered into the royal vault.
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later tonight, the royal namely will attend a -- family will attend a private service. forgive me for offering a very personal view of the events in london. i confess to being conflicted. yes, i am an american access. i pledged -- citizen. i i pledged my if allegiance to this country. in almost every respect are, i am fully americanized. okay, my family and colleagues may or may not agree with that, but i've been here close to a half century. a lot of america has rubbed off on me, and yet watching ceremonies the last week i found myself pulled back to the country of i my birth. take the queue, that's the miles-long line waiting to see the queen's coffin lying in state. so british. quietly putting up with difficulties, just carrying on just like the queen. i should have gone back to join the line. in hindsight, i wish i had. today's service in westminster
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abbey was particularly to beingtive for me. -- evocative for me. the hymns that were sung today are the same as in my episcopal church, church of england, 65 years ago. there's nothing like the spiritual music of your youth to take you back. i've never been home sick. in fact, i haven't been in london for 30 years. it was the passing of the queen that made me look back proudly at my heritage. we'll be covering the queen's funeral for the rest of this hour, but this is a business program, so we're going to divert our attention momentarily to the markets. here's what's going on. first of all, all the major indicate aers have turned to the positive side. not that much. the dow is up 88 points. big tech, all of these stocks opened sharply lower this morning. some have turned around. microsoft and alphabet though still on the downside. here's what's making a lot of news, the 10-year treasury yield getting close to 3.5%. the 2-year is almost at 4%, and
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the 1-year is over 4%. we need market coverage, and we've got it. jason katz is back with us. jason, do you think we're going to be testing the lows of june? >> the short answer is, yes. stuart: you do? >> well, depending on what index you're looking at, we're anywhere from 3-7% away from it. it's not a matter of if, it's a matter of when because investors are so consumed with narrative the of higher inflation with this backdrop of higher rates. that a being said, i do think once we test that low or even make new lows, i think you're going to be in a trading range, albeit a violent one. i'm not saying we're setting up for anything ominous, a la, say, the football if crisis. stuart: -- the financial crisis. stuart9 stuart what's wrong with my idea of holding a 2-year, you get 3.5% after two years in each of the two years. what's wrong with this? >> so dare i challenge the great
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stuart varney in. stuart: yeah, but you'll never be on the show again. [laughter] >> as my last hoorah here, i'm going right at you. as someone who also vises people with respect for their money for the short, intermediate and long term, we looked a liquidity, longevity. your money should be in a 3-month t-bill where you can get 3% or a 1-year, but if you go out and take money that's earmarked for an intermediate or long-term goal, by definition you're losing 4%. and if inflation comes down to 4% because with it ain't gonna hit 2, you break even. he or she believes at least in a bear market wins, but he or she that has money earmarked for 5-7 years there now, they're going to lose worst. stuart: how do you know we're
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not back to the 19 is 70s where the market was down and stayed down for a said? >> i don't know that, but i know the backdrop is definitely different. how in it's different in that you have corporate and bank balance sheets whichly literally have never been in as good of shape as they are now. and, yes, the market is going to worsen, but we've never had a knockout, dragout, you're out for the count recession when you have 3.7% unemployment. so i do think we're setting up for an environment that will be, at best, like watching paint dry in terms of muted returns, but that doesn't mean if you're looking out 5-7 years you shouldn't is have a portion of your money in high quality equities. stuart: okay. i think that's where i am. [laughter] jason, thank you very much for joining us, appreciate it. president biden was on "60 minutes" last night. it was a wide-ranging interview. he was asked about his son, hunter. roll tape. >> i love my son, number one.
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he fought an addiction problem, he overcame it. he wrote about it. and, no, there's not a single thing that i've observed at all from, that would affect me or the united states relative to my son, hunter. stuart: miranda devine joins us now. this ismy miranda's story from day one with. he's saying hunter had no influence on the decisions which the president of the united states made. would you contest that? >> well, when you listen to him, because he's a practiced liar, what he actually said was that there's nothing that he's observed from his observation, from his vantage point that would be a conflict of interest. well, you know, he would say that, of course. so at least he was asked the question. but it was very light for the questions that need to be asked. we don't know whether or not joe biden is compromised by the
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millions of dollars that flowed through to his family from china, for instance, and other countries. we don't know that. only he can tell us that. i guess he's saying that a from his point of view there hasn't been any compromise, but i'm not sure that we should be taking his word for it. stuart: you called him a proven liar. if miranda, that's a very, very strong expression to make about the president of the united states. tell me an instance where he is a proven liar. not spin, but an actual lie. tell me. >> yes. actually, a practiced liar, i think he's been doing it for a long time. but the evidence that i have from the laptop and from the testimony of tony bobulinski, hunter biden's former partner, is that joe biden told the american people that he knew nothing about his son hunter's business dealings. there's overwhelming evidence that he met with more than a dozen of those business pat --
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partners. there's photographic and other evidence. stuart: okay. we hear you and we understand that. thanks very much. now, you have an op-ed in the new york post. the title is seize the border, gop. you think the migrant crisis could be a winning issue for the refrom palins in the midterms? -- republicans in the midterms? if so, what should be the strategy? >> well, yes, it is. of course it is. there's barely been an american who isn't appalled by the lawlessness at the southern border, the humanitarian catastrophe that's unfolded there, the emboldenment and enrichment of the criminal cartels who prey if on some of the most vulnerable people in the world and then overrunning the united states and all done in secret really, not paying attention. so we see last week with the martha's vineyard brouhaha how the national media can get all up in arms over 50 migrants, illegal migrants being shipped
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there by ron desantis, and so what stephen miller, former trump adviser and now america first legal, is has come up with is this ingenious plan to focus the nation's media on the border crisis by getting the republicans to put an amendment in the intoont -- continuing resolution, short-term spending bill that a will be going through congress this month, put a amendment that stops any more funding for joe biden to be able to continue to release illegal aliens into the country. that would close the border, that would stop this border problem. they would have to deport illegal aliens one way or the other, and it would set up a showdown in congress -- stuart: yes, it would. >> -- that the national media would have to pay attention to. stuart: they would have to at that point. miranda, see you again soon. going to take you back to the funeral services in britain. the queen's coffin is about to
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be taken into st. george's chapel which is on the windsor castle estate. they're going to go up those steps momentarily, and they'll take it up there. all right. as we're looking at that, let's get back to the market. we've got winners, some movers on the show morning on wall street, i should say. i'm getting tongue-tied with final thing -- funeral sink. auto zone is up. lauren: it's actually down now. big turn. it might be an overreaction, light volume on the stock. but hay put out pretty solid earnings, strong demand to fix up used cars and better inventory availability. but shares have reversed course, so autozone is now down 2%. stuart: open door can, that's a home-flipper, as i recall. hour lauren yep. well, there's a research firm that says open door lost a lot of money. they lost money on 4 # % of their august resales -- 42%. apparently, they didn't anticipate the buyer pullback.
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that stock is down 4%. stuart: not very good to try to flip houses these days, not at this moment. boeing is up, they're remarketing -- 737s? >> still three plus years later the 737 max is grounded in china. a couple hundred just sitting in remote airports, so they're going to start to figure out ways to use them, because it doesn't seem like the u.s. and china are corporate -- cooperating on many things. stuart: lauren, thank you very much. denver giving homeless people $12,000 cash. this is a new basic income program. who's paying for it? we're asking the question, we'll try to answer it later. the queen's face is on almost all british stamps and money. now shah she's -- that she's gone, how do they replace it all with king charles iii? ashley is on the case. another look at windsor castle. the coffin being taken up the steps of the that el to go into
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the chapel itself. it's about to to begin. 4 billion people around the world may be watching today's funeral event. 4 billion? we'll be right back. ♪ ♪ another busy day? of course - you're a cio in 2022.
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♪ stuart: that is st. george's chapel, windsor, where the queen's committal service is underway now. both prince george and princess charlotte are taking part in today's funeral events. charlotte is paying tribute to her great grandmother with this
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shores shoe pin if representing the queen's love of horses. the queen reportedly gave it to charlotte as a gift. let's go to jonathan hunt, he's in london. can you tell us more about if -- the queen's private burial tonight, jonathan? >> reporter: stuart, it's been an extraordinary day, and what or now watching is the committal service at st. george's chapel for queen elizabeth ii. you can see standing as the coffin is moved there king charles iii and other members of the royal family. so this will last, we believe, about 45 minutes. it will be, obviously, as we saw in westminster abbey earlier, a deeply moving ceremony. then it's going to be led by the dean of windsor, and after the final hymn which is the imperial state -- excuse me, the imperial state crown, the orb and the scepter, which you see all of those on top of the coffin right
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now, they will be removed, and the coffin is actually going to be lowered into the royal vault. the queen's piper play a lament at that point. the archbishop of canterbury will give a blessing, and "god save the king" as the new national anthem, obviously, will be sung. and that will be the end of the committal service. and then at a 7:30 p.m. here in london and, obviously, at windsor castle, stu, there will be a private burial service for queen elizabeth ii. and that will be the time, obviously, for king charles iii and all the other members of the royal family to to say their own private farewell. this service now will be the last that we, the public, will see of the queen's coffin after what has been a 12-day period of mourning. it has been marked by so many
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moving moments, stu, and this our final good-bye now for everybody in the u.k., for the commonwealth and around the world. and as we've been saying all week, stu, i think whatever anybody thinks of the monarchy, and there are many people who don't believe it should exist, quite simply, or within the commonwealth want to be free of the restraints of being part of the commonwealth, whatever anybody thinks, i think most people -- the vast majority certainly in the u.k., certainly in the commonwealth and probably around the world -- have have a deep respect for the queen herself in so many ways. stuart: right. >> as this service gets underway, stuart. she transcended the monarchy key itself. stuart: she did, indeed. and these are the final moments in which we can see her. jonathan hunt, thank you very much, indeed. listen to that beautiful voice. [laughter] st. george's chapel many windsor where the commitment ceremony is about to -- is underway already.
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hillary wordwi -- fordc -- fordwich joins me now. hillary, although i've lived in america for 50 years and i'm an more than citizen, for the first time i felt almost homesick. you've lived in america for a long time, did you feel the same way? >> yes, stuart. we're feeling that. that's where we came from. we're seeing this outpouring from across the world. people like to talk about the brits and the brits whining, it's not just brits, it's people from all over the commonwealth. and they like to talk about and, obviously, the previous gentleman was talking about the monarchy maybe not being popular in certain places. look at that ma justic mosaic on kind. they wanted to be there. stuart: that is true. this is not a burial. this is an interment because she's going into a vowel.
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is -- vault. is she going to be buried next to henry viii? >> well, not henry viii -- [laughter] different kind of family values, actually. within that vault they're going back to what they refer to as reform. she'll be there with her father, the belovedded queen mother, her sister, princess margaret, and joining them will be her very beloved prince philip who we mow died haas year in april, 2021 last year. stuart: now, prince harry's memoir, according to one british newspaper, it's going to be delayed, its release, until next year. i personally hope it's gotten rid of completely. >> absolutely, stuart. let's call it politely the hypocrisies of this. he actually wanted to be this his royal uniform, but what about all the people that serve in their uniforms? the queen gave them dispense sayings to have a beard even -- dispensation to have a beard with his uniform. weirds aren't allowed -- beards
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aren't allowed in the military except for sikhs. then he was whining about the -- being ache then off over the weekend, that's only given to an aide-de-camp. he wasn't supposed to have it. he constantly wants the rules to be broken for him. then they make accommodations, and then they want more. and then they want to whine. and let's finish up what benjamin disraeli advised queen victoria, never to complain or explain. i think we could recommend that to prince harry. stuart: i don't think this royal split is going to be fixed. i see harry and meghan going back to california and probably staying there for some time. >> i think this may be many people who might agree with that. stuart: okay. hillary, thank you very much for joining us. >> absolutely. stuart: can we just bring up the audio, please? i'm entranced with music. i used to be a choir boy in england in an episcopalture
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church -- church, and this is the kind of music, and this is the harmony which i was brought up with. ♪ ♪ stuart: i'm sorry, but we do have a program to put on the air, so i've got to limit the music that you can listen to, but i do recommend it. the queen's face literally plasteredded everywhere in britain. that's going to have to change, of course. not an easy task, ashley. ashley: no. hard enough to feel nostalgic and also a sense of pride as you watch this, stu. yeah, you're right. queen elizabeth's image is everywhere, on the blue 5-pound notice, the bond a 1-pound coin and burberry jackets, the royal group has not announced the plan for king charles iii stamps. not forgetting there are more than 4.7 billion bank notes in
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circulation, 29 billion coins, and the transition for both money and stamps are expected to take several years, and the cost is a little uncertain. but the new coins alone could add up to around 600 million pounds to change a them. as for the companies, the whole royal warrants for providing products and services to the royal family, they can continue to use the queen's coat of arms for two years, and then they cae packaging. there are currently 836 brands that, indeed, do have royal warrants. stu. stuart: quickly, ashley, i was saying earlier that i wish i had gone back for the funeral and the queue. ashley: yeah. stuart: how about you? ashley: absolutely. watching that line, that 5-mile line, ask watching everything that's been going on, yes, it's nostalgic, it makes you homesick. if i could go back in time the, i would try and make that happen, to be honest. stuart: should have done it but didn't.
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ashley, thank you. back to you later. check the markets, please. i've got some green but not that much. the nasdaq has slipped, just 3 points down. now, watch in the, as the president tries to downplay the inflation crisis. roll tape. >> last tuesday the annual inflation rate came in at 8.3%. >> first of all, let's put this in perspective. inflation rate month to month is just an inch -- up just an inch, hardly at all. stuart: the president insisted we'll get control over inflation. we'll see what steve forbes thinks about that. steve is next. ♪ ♪
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the service at st. george's chapel in windsor. many people have been wondering about the handwritten notes placed in the queen's final flower it is. it says the in loving and devoted memory, charles r, as in charles the king. king charles picked out flours himself -- flowers himself from three of the royal residences. susan li is here -- susan: i used to live a few blocks away from buckingham palace in london, and nobody does pageantry and service like the brits do. so it's just wonderful to see the mile lit up again. stuart: it's been really moving for me, and a lot of other people. let's get to business. car stocks. susan: tesla la's getting a boosted today. shanghai's showrooms are expanding, not closing, and that's despite the zero covid policies -- policies in china. berlin still building up the
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battery production factory and tesla supercharger prices are going with up across europe by roughly 20%. ford using smartphone tech to upgrade the cars' safety features in order to see pedestrians, bikers and other cars more clearly. stuart: not doing badly are, the car stocks. susan: i don't think so at all. stuart: big tech was down at the open, but it's coming back. susan: you're recovering from the worst we've seen since june. look at apple today, by the way, reiterated as a buy by jpmorgan this morning. stronger i phone 4 -- i phone 14 sales -- iphone 14 sales. and then a buy call from boa on amazon because they they -- say they'll pick up market share from troubled fedex. apple's new revenue stream could possibly replace telco, so think of them replacing at&t, verizon,
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because this has satellite tech. free satellite emergency services for two years. and so in the future, as the ft is reporting, you know apple likes to control things from end to end, possibly even the telco services as well. so with satellite, that could be replacing the t-mobile -- stuart: that's interesting. that really is. and, by the way, you're infatuated with the iphone 14. it's a beautifully engineered product. susan: yes. stuart: travel. 0-year -- susan: yield? stuart: i'm sorry. the yield on the treasury. the 10-year yield is close to 35%. susan: and then that happens, of course, value stocks like travel goes up, and you've seen fares for $20,000 for business class to go around the world, and that means there is pent-up demand to travel -- stuart: you should see what i just paid to go to australia and back. susan: as close to what i paid to go to singapore next week?
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we'll we'll -- stuart: we'll compare notes later. president biden tried to downplay the inflation crisis last night on "60 minutes." >> mr. president, as you know, last tuesday the annual inflation rate came in at 8.3%. >> first of all, let's put this in perspective. the inflation rate month to month was up just an inch, hardly at all. >> you're not arguing thatting 8.3 is goods news. >> no, i'm not saying it's good news -- >> it's the highest inflation rate in close to 40 years. >> i got that. but guess where we are? for the last several months, it hasn't spiked. it's been barely, it's been basically even. stuart: steve forbes is with me, fortunately. steve, i've got to disagree with the president. i think inflation gets worse. electricity prices up. nat gas prices, up. this could be a very difficult inflationary winter. what say you? >> well, we're going to have a hard winter, and the europeans are going of to have it even
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worse because what is happening with the gas from russia. but the president overlooked the fact that even though he says it only inched up, comment caters, observers thought it was going to go down slightly because of the big decline in gasoline, so it was a disappointing report. so this happy talk is going to hit him back hard, and he's doing all he can to make it impossible to recover from the inflation that comes from disrupting supply chain. they already put, pulled back leases, five major leases on federal hands that had already been done, now they're walking those back. and so it goes on and on. and the federal reserve is going to push us -- if it hasn't done already -- into a recession. and that's the only way they know how to get down prices, is by depressing the economy. not the right way to do it, and we're all going to pay the price for it. stuart: vanguard has come out, an investment firm, they think there's a 65% chance of a recession next year. think there's going to be recession much sooner than that
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and much steeper than people are thinking about. >> well, that's right. because, unfortunately, instead of focusing on stabilizing the dollar, the federal reserve is dallas can drastically raising interest rates, far more than any other country in the world. other countries are going to be printing a lot of money to help businesses and consumers to get through hard winter. so that's going to be a pressure on upward prices. to -- so we're in a recession, i don't care what they define it as. maybe we'll get a glib upward in the third -- blip upward in the third quarter, but the fed wants a downturn because the only way it knows how to fight inflation is by making people poorer. stuart: if the republicans do not retake the house and the senate in november two months from now, 50 days from now, if they don't retake it, the democrats have a free hand to keep on spending ask taxing, which i think is highly inflationary and puts us into a recession. >> and it's going to -- yes. it's going to do the immense harm. and it's not just what heir going to do to the -- they're
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going to do to the economy, but the future of this country. they will try to pack the supreme court, get rid of the filibuster and the like, and so that would be a grim future long term we've got to have the republicans to get control to put at least a little bit of a brake on this. and the only good news, stuart, you see it in britain, the new prime minister said she's going to go for frack. i think you're going to see a huge change in policy because what the democrats and far left are doing is wrong, it's a disaster, and people are going to feel it despite any spin joe biden wants to do on "60 minutes." stuart: hope you're right. steve forbes, thanks for joining us. >> thank you. stuart: den can very is giving away -- denver is giving away free cash to homeless people. ashley, how many people? ashley: more than 140 homeless people in denver will each get with up to $1,000 in cash a month for up to the year as part of a basic income program. the direct cash assistance will be given to 140 women, transgender and gender
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non-conforming individuals as well as families in shelters. the program, by the way, is using $2 million provided through the american rescue plan act. ing so it's the taxpayers that are paying for this. the university of denver center for housing and homelessness research is going to measure how effective the project is including housing outcomes, psychological health and substance use for those who actually take part in the program. but no doubt we, the taxpayers, are paying for it. stuart: same old story. ashley, thank you very much, indeed. bjorn lomborg says biden's climate aspirations are too costly for voters. he's going to join us in just a moment. the queen's funeral is britain's largest ever security operation. we'll take a closer look at what is a very complex operation, next. ♪ ♪
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♪ ♪ stuart: moments ago in st. george's chapel, wind sor, the scepter, the orb and the crown were removed from the top of the queen's coffin. that signifies officially the passing of the crown, the passing of monarchy. and that's what just happened. the coffin will be taken to a vault in st. george's chapel, lower into that vault, and the queen's favorite music, bagpipes, will be play at that interment. keep you up to date on this one. more than a hundred movie theaters across england showed the queen's funeral today. it is a public holiday throughout the kingdom. ken wharf is a former scotland yard royalty elite protection officer who joins me now. ken, how would you go -- how do you go about guarding an event
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of this magnitude in the age of terror? >> well, what i can say is that working with scotland yard as i did for 16 years within the the queen's service for 35 years, working for the late diana, princess of wales, had the extreme privilege of coordinating the security of westminster abbey for her funeral. and what we've seen today has been a combination of working with what we've all heard of now, these operation bridges, which is a code word for the security program for members of the royal family. it was operation london bridge which is an operation that's been going on for decades, and the queen herself, as we know, has been very much involved in the finality of this operation. stuart: well, how -- have they martialed just about every police officer in britain and troops coming into this as well and intelligence services?
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are the entire resources of the country geared towards the security of this event? >> well, absolutely. the actual policing numbers are in excess of 20,000. that's about two-thirds of the police anywhere. what we've seen today, i saw not just one, maybe 0 or 15 different -- 10 or 15 different constabularies that are a part of this massive police operation. and what's interesting here, of course, is in the past we'd have a policeman every 10 meters, what we've seen now is a policeman every meter, so that gives you somed idea of the scale of this operation. apart from the lone demonstrator, the incident so far has gone on without an incident, gone off without an incident, which i think is credit to the expertise of the yard, certainly, and years and years of experiencing in dealing with these major ceremonial activities here in central
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london. out. stuart: ken, i think, quite frankly, the operation is brilliant. to pull this of off in this day and age speaks volumes about england's ability to organize and do the things well. i can't think, i'm sorry -- ken, i'm sorry we have so little time, but it was intriguing. we appreciate your help. >> thanks very much. stuart: wristbands were given out to thousands of people who waited in line to see the queen. some people tried to sell them on ebay. hey, ashley, is that allowed? ashley: no. ebay is removing sales and listings for those wristbands. they were for the queue to see the queen lie anything state. sellers were offering them as memorabilia. they're marked as nontransfer, and don't guarantee entry. a spokesperson for ebay says the items are being removed from the site. now, ebay does allow tickets to past events such as concerts or sports fixtures to be sold as
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them are probill ya, but -- memorabilia, but it can prohibit the sale of tickets such as this. some were attracting bids of up to $80,000 before they were removed, but it's not moan whether the bids were actually -- known whether the bids were actually genuine. just a side note story. stuart: ashley, we're looking now at king charles right in front of queen elizabeth's coffin and paying his respects. thanks, ashley. i'm going to really change the subject. business is booming at the illegal pot shops across los angeles. they don't pay taxes and they aren't regulated, so they can offer much lower prices. why isn't the city shutting them down? kelly o'grady has the l.a. pot report after this.
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♪ ♪ stuart: the bagpipes that you can hear signify that the queen's coffin is being lowered into its vault in st. george's chapel, windsor. bagpipeses were a favorite instrument of the queen. they accompany if her movement
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into the vault. it's almost over, and britons and the res of the world have caught -- rest of the world have caught their last glimpse of queen elizabeth. later tonight will will be a private ceremony attended by only members of the royal family. ♪ ♪ stuart: for all of you who have been watching at home throughout the proceedings, throughout this day, i wonder if you are as moved as i am. i do have a history, of course, of being born and raised in england, and i suspect that many of my fellow born-in-england people will feel same way. i wish i'd gone back to join the queue. i wish i'd gone back to see the
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funeral proceedings, and i regret that i did not. for the fors time, i do feel -- first time, i do feel somewhat homesick for britain. is ashley with me? you peel same way i do, i think. ashley: i do. and i felt that a way just watching the outpouring of emotions from the people of britain. it's been quite overwhelming. and if just to see that lone bag piper there, how emotional is that? it's a very, very mournful sound, of course. but nothing could be more appropriate than seeing that image. and we'll never see anything like this again, and i can't imagine when we will ever see anything like this again. so to your point, stu, not to be there feels like a real loss. stuart: it is. that's the way it is. we cannot take it back, unfortunately. ashley, thanks are very much, indeed. as the sounds of the bagpipes fades, i'll fade away from that a subject, but we will keep up the video so you can see what's
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going on. change the subject again, president biden thinks his push for electric vehicles will help the fight against climate change. bjorn lomb lomborg is with us, environmentalist. to electric vehicles help the fight against climate change? >> hey, stu. a little bit. but certainly not in any way that biden and many others seem to suggest. look, an electric car will cut about half the emissions that you would have had from a gasoline-driven car. but they are also much more expensive. that's, of course, why governments have to spend up to $30 billion a year right now is what global governments spend on subsidies to basically bribe people to buy them. and if everyone achieved all their goals for the electric cars by 2030, they will have reduceed emissions so much that if you plug into that the u.n. climate model, it'll reduce temperatures by the end of the center by i -- century by two
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ten-thousandths of a degree fahrenheit. so, yes, ooh tine theny -- a tiny if bit. stuart: bjorn, just hold on for a minute. bring up the audio, please. or they are singing "god save the king." and that is -- ♪ stuart: he is the king of england, and he's paying his respects to his mother. and that's a remarkable thing. we've all been moved throughout the day the by this, and now the ceremony, the interment. -- certainment ceremony is over. the public event is now drawing to a close, and it was spectacular, indeed. ♪ stuart: this is very difficult, to keep changing the subject here, because many of our viewers would surely like to stay with this video of st. george's chapel and this remarkable service, this remarkable day that we've all seen, watched and taken part in. we are told that up to 4 billion
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people around the world have watched it. if that's case, if that is an accurate number, that is simply extraordinary. ashley, can you believe how many people really might be watching around the world and the interest in monarchy from people so disparate around this globe? this is extraordinary stuff, ashley. ashley: i find it remarkable if quite shocking, actually. i've always found it are remarkable, and i've been in the united states for 30 plus years, and there's always been an interest in the royal family which i found really interesting from the get go, and it's never really changed. i'm hot sure what it is, but it's certainly very compelling viewing, and i think just what queen elizabeth representerred and -- represented and her role in the world for -- 70 years, people just want to pay homage to that, respect of a figure who, frankly, was taken for granted for a long, long time. and now full force of her leaving is coming to bear.
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[laughter] you know, these ceremonies over the last 10, 11, 12 days have been incredible. arkansas stuart the uniforms, i almost called them costumes that we've been seeing for the past 10 days, are we to believe that somewhere in london this is a vast warehouse with all these uniforms for all the troops and the princes and everybody else were stored and suddennenly they come out in perfect order in that's something that amazes me. it's been carried off so perfectly. in such excellent order without -- so far it doesn't seem to me that anything's gone wrong. stuart: -- ashley: it is incredible, isn't it? i know we've been told this has been in the planning for many, many years. you can plan, but sometimes you can't plan i think step by step it has been a really amazing thing to watch and, the sense of history, the decades, the thousands of years, thousand years of history all
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coming to your screen. i think there is a big appeal to that as well. neil: there is the king of england, king charles iii with the queen consort, camilla, shaking hands with dignitaries as he leaves st. george's chapel t was a moving ceremony. i keep saying the prince, the king himself appeared moved. as you told you earlier he picked flowers from three royal residences. insert ad little note in the flowers to be left on top of the coffin. the king and queen consort are getting i guess there is a rolls-royce a stretch rolls, if i can put it like that they're driving back into windsor can sell itself. a private internment service to for the queen in st. george's
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capital. you realize she will lie in hailing distance of henry the viii of all people. >> jane seymour, many others in the history books. her cone mother, her sister margaret, her beloved husband, duke of edinburgh who died at age of 99. the whole thing, st. george's chapel. the building on it began in 1475 talking about history. and, a part of that amazing windsor estate. only went up to windsor once, stu, on the exterior. it is really impressive place. neil: right next door to windsor is eaton, eton college, the super high-end school that educated princes kings, heaven knows what else for centuries. that is next to windsor.
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>> 1200 it was founded. neil: isn't that extraordinary. i have never been to windsor myself. watching the proceedings was extraordinary event for me and you, many of my american friends, colleagues, taken aback by a paying attention to a new king and former queen on fading world power. why on earth so much interest to so many people. very hard to explain it. i think it is the interest and respect for elizabeth herself as opposed to monarchy. she was always there. that what we could say about her, she was always there. >> constant in our lives. by the way i think king charles iii has done very well over the past 12 days. this has been rigorous. so many different occasions. visiting four home nations, all
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the ceremonies i think he conducted himself very well. he is 73 years old. that is a lot to handle over the course of the last 12 days. neil: seemed to handle it remarkably well. there are ceremonial things the next few days. perhaps it winds down, can be king of england, king charles iii. thank you for all your help, ashley. my time is up but neil, it is yours. neil: thank you very much for that. noontime east coast of united states. in this country, a lot of countries around the world fixated on developments going on in england, pretty much mesmerized the world for the last 12 days. meantime a lot of folks making sense of the world the queen left behind. the world in the middle of what seems to be a global slow down on runaway inflation. we'll keep an eye on that. you updated on final events happening in st. george's chapel.


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