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>> neither did anybody else. >> good morning, every one. the rally continues. not as good as it was in "the opening bell". that was the best part. it comes down quite a lot. 4.25%, healthy move if you are in the nasdaq composite. i'm looking at $76 a barrel. bitcoin, the rally continues. $38,000. now this.

this presidency is going bad to worse. can't imagine what's going on in the white house, the election is a year away and advises surely no president biden is likely to lose. the latest gallup poll shows his approval rating dropped to 37%. on the economy is down to 32% approval. the incumbent presidency, these numbers are disastrous. he has a dove idly departed party, divided on the border. the dilemma is how to get out of the race. there is no easy answer, biden himself doesn't step aside voluntarily. my colleague, liz, points out in the 1960s president johnson announced he would not seek reelection. the party was divided then as it is now. the infighting was intense. at the convention in the 60s

rivals came to blows. it was a riot. they picked hubert humphrey who lost to richard nixon. to sum it up, biden's insistence on running is killing his party. second hour of varney just warming up. liz peek joins me now. i store my editorial from your op-ed. you are saying if biden did step aside, that's a huge danger for democrats. liz: if he's going to step aside he needs to do it now because what johnson did was step aside halfway through the primary season after he had gotten almost beaten in new

hampshire by a complete unknown jean mccarthy. i had forgotten until i read on this he was a senator from minnesota, he was antiwar. he stole the youth vote, biden lost the use of votes similarly but because he waited until late march bobby kennedy jumped in, it was mayhem in the democratic party, same could happen now. the problem is they need a decent primary season if they are going to replace president biden but kamala harris is the go to person. they don't want kamala harris. they want gavin newsom, a chance to run, a chance to present themselves to voters or you will end up in another chicago convention this summer with the democrats picking the candidate and it will be chaos. it -- the parallels are extraordinary. and 68 you had george wallace

run as a third-party candidate. we had bobby kennedy junior running as a democrat, as an independent who could scramble the works. it was an interesting historical parallel but it does say get out now if you are not going to run. liz: stuart: he wants to run. how to they get him out? how to patient him aside? >> only so many influential democrats making the case to step aside. if you went through how dismal the polling is it is richly deserved. i am hoping president biden is the candidate. i think any republican and donald trump as well is going to be able to beat him.

the country deserves a change of leadership. stuart: hunter biden has offered to testify publicly as part of his father's impeachment inquiry. politico says white house staff numbers quoted they are imitated by hunter's strategy. where is this going? >> the political line is they were in a sort of quiet phase, hunter was being very careful not to rock the boat for a couple years. this investigation has been going on for some time. and they had a long investigation into hunter biden, hunter biden in the beginning had a cautious lawyer taking a backseat to the whole thing. he lodged four civil suits against various groups, making a big noise about a public

presentation with the comeer group, was really bizarre thing, if the comeer group is good they will go point by point. this is driving democrats crazy. comeer's investigation is methodical and careful and getting to the money. follow the money, that is what he has done and when they bring out all these checks, these shell company's, people in the biden family who have gotten money from china and other dubious sources i don't think the american public is impressed with that. hunter biden is a spoiled brat, wants to dictate the terms of his presentation to congress and comeer is right saying the courts have upheld my right to subpoena you. i want you in here for closed testimony. we won don't hold back at all. >> entitled, i could have said entitled spoiled brat, i forgot that. stuart: we will leave it right there. senate majority leader chuck schumer speaking on the floor

of the senate about the rise of anti-semitism, schumer is the highest elected jewish official in the country. we will monitor what he has got to say and to bring you the headlines. the white house is doubling down on biden's morning to companies to stop price gouging. what are they saying about that? lauren: they are telling companies to cut prices. is the press secretary. >> prices for producers have grown more slowly over last year. companies should pass those savings to consumers. that is why price gouging has been part of the president's economic agenda. lauren: the story we did yesterday says everything. if you bought this basket of goods and services before the pandemic it would have cost you 100, now cost you 20% to one hundred $19. that's the community affect how much more the cost of life is. bidenomics is not working. the white house notices that as they are running for reelection but that's dogging him in the polls.

so companies cut prices because their costs have come down. i don't think america will take to that. stuart: over the last month the dow is up 8% in the month of november. the s&p is up 10%. the nasdaq is up 13%. david, the markets rallying but i read your stuff. you are sounding the alarm on debt and recession, credit card usage, real estate. you missed out on all this money for november. we've got 30 different portfolios so we are participating. as we look at macro perspectives and how things are moving, i think it is important to understand even the gdp print today is 70% the consumer. as we know the consumer is not doing well. we are buying things for black friday. love that. that's wonderful. we are putting it on the credit card.

$1.2 trillion in debt, using the buy now pay later nonsense. blue one does that mean we are heading for a recession? >> we are heading for a recession. it will be a lot more complicated than that because we've got these new debt loads as a nation. we will be hitting 34 trillion by the time the year is over. we are sitting here and moody's is looking at downgrading us. imagine if we are were downgraded by the major rating agencies and we still have 2 have all these treasuries, 2 trillion a year. supply and demand will dictate those prices. stuart: i'm having fun watching the market go up, 10%, 11%, 12% and you are with me for the hour so stick around. looking at the movers, game stop. >> it was 13% yesterday. confidence in the rally we have seen among retail traders is what i have been saying to this one.

stuart: it is a meme stocks. lauren: treat -- retail traders are back. we've got -- spam spam spam. lauren: and turkey. turkey aside from last week. they expect earnings to decline in 2024, seeing weakness in china. stuart: tell me about petco. they will be down big. lauren: they are down 60%, prioritizing where we are spending, they cut for your profit forecasts for the second time noticing their customers are not spending as much on pet food. stuart: down 298. that is it. the gentleman on the left-hand side of the screen, billionaire mark cuban sold his majority stake in dallas mavericks. neil: running for president or

exploring a run. he also said this is his last season on sharp tank. he is very well-liked and intertwined with the dallas mavericks so it is a shock decision. he's selling his majority stake to miriam adelson, 3. $5 billion. he bought the mavericks back in 2015, $285 billion. 20 something years later, 2. $5 billion. he will run the basketball operation. why is he getting out of shark tank? at the same time. stuart: you think he's running for the presidency? >> he recently said his family would kill him if he did so again but unless he is doing something with sports betting i don't know. maybe they have an arrangement. whilst would he be doing this?

stuart: he made a huge profit. >> if you still have the ability to get loans against that and higher valuation on that, there is an important -- lauren: in nevada and las vegas they worked to bring as many sports to las vegas as they can. who knows? is he in midlife? now this. a new headline highlighted by cnn says tourism is a big part of climate change. they suggest people limit how often they travel abroad by using carbon passports. we will get into that. a thousand migrants on the floors of chicago's police stations. mayor johnson is blaming the

migrant crisis on right-wing extremists. garrett tenney has the story. homeland security secretary alejandra mayorkas heading to texas, the migrant crisis rages on the southern border. will any real change from from his visit? texas senator john cornyn has that story next. ♪ ♪ ♪ be ready for any market with a liquid etf. get in and out with dia.

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stuart: border patrol agents closed the processing bridge in eagle pass, texas and limited crossing in arizona. agents across the country have been asked to help virtually

process of these migrants. it is all hands on deck to smooth the process, move them in swiftly. senator john cornyn from texas joined me now. this border crisis keeps on going and going and going and nothing ever changes. do you feel the exasperation? >> this is something we've been trying to deal with for years but we have a unique opportunity during the appropriations process, there's an opportunity to use this to get some policy changes. this is not just about more people, more border patrol, this is about failed asylum policies which allowed people from around the world to be released into the interior of the united states. it is a huge magnet not only

for more people to get rich but also provides opportunities for drug cartels in the united states which killed 108,000 americans last year alone. stuart: alejandra mayorkas is heading to the border. what would you tell him in a meeting? >> i talked to secretary mayorkas on some occasions and i've lost confidence in him. he needs to quit. the president needs to appoint somebody who will enforce the law. the biden administration simply believes in open border policies but the consequences of that haven't stopped at the border including people like mayor adams and the mayor of chicago complaining about the migrants who show up in their cities. that is related to the failure of the biden border policy. stuart: it seems they want to

streamline the migration process, get more people in, distribute them around the country and keep it going. seems to be a matter of policy to do precisely that. >> you described it correctly and that is why we have the disaster we have. border patrol talks about push factors and pull factors, push factors mean violence, poverty, things you would think people would try to flee by going somewhere else like the united states but the perception is there are no consequences associated with illegally coming into the united states. the biden administration is doing what you said because they don't want pictures on television or newspapers showing bunch of people at the border so let's just release them into the interior of the united states and we won't worry about it anymore but that

attract more people. stuart: extraordinary stuff. thanks for being on the show, see you again soon. temperatures in chicago below freezing. more than a thousand migrants are sleeping on the streets in tenants. garrett tenney is in chicago. what will the city do with these migrants? >> reporter: churches are stepping into get migrants off the streets as chicago's winter moves in. grace and peace church is one of 17 providing a new initiative to provide temporary housing, food, social services for migrants. a thousand of which are still sleeping either on the street in tenants or police stations, floors and lobbies across the city. this sanctuary city has not opened enough shelters to keep up with more than 22,000 migrants that arrived in the

last year. across the city folks don't want migrant shelters set up in the neighborhood including the city's outside where construction on a tent base camp is starting today. >> when you think about the things we allowed to slide we can't allow this to happen. >> no transference of ramirez. very inhumane to do this. this mayor is acting like a dictator. he must go. >> reporter: when mayor johnson was asked about those protests, he blamed republicans and racism. >> we are not going to break away from our value system because right-wing extremism is sowing seeds of discord in the city. >> reporter: mayor johnson and his allies are facing several

lawsuits attempting to block shelters from going across the city and his allies are fighting an effort to allow voters to have a voice on the city's actuary city status. all this that year before the democratic national convention comes to town. stuart: the democrats convention is in chicago. thanks very much. thousands of migrants in new york city will be able to work. come on in. this sounds like good news. ashley: migrants can get approval from the federal government. just a fraction of 42,000 working age migrants who have been sheltering in new york city since the summer. they applied for a work permit. new processing centers have been set up for migrants to apply for protective status which allows applicants to get

a job. the process takes weeks instead of waiting 6 months under the normal asylum process. mayor eric adams has been urging them to speed up the process saying the city has thousands of jobs available. some of these migrants will be filling those jobs. stuart: now this. a democrat governor has withdrawn his plan to mandate electric vehicles. we will tell you which state has reversed course on biden's green agenda. cases surging in and out of bones and china. there's been a rise in respiratory illnesses in america. doctor marc siegel will tell us which symptoms we should be looking out for. the doctor is next. ♪ ♪

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lauren: they raised revenue forecasts for fiscal 24. they raised the price target, the median price target is 280. it is going up some more. we one far-fetched. lauren: you can purchase luxury items. they are not investing in cash in the company after a report that they were taking far-fetched private, 48%. stuart: 45% down. to has low. are we close to the delivery? lauren: this is happening. there's a countdown clock to toes love. because the stock is up 67% this week and they are eyeing

250,000 drops to be produced every year in 2035. stuart: it happened. lauren: they can't paint them. stuart: one democrat governor is withdrawing his plan to mandate electric vehicles. this is a blow to the environmentalists and president biden. which state are we talking about? ashley: connecticut's democratic governor giving up his plan to mandate future electric vehicle purchases after a bipartisan group of state lawmakers in connecticut refused to accept the proposal. lamont touted the mandate as critical to reducing climate pollution following california's lead that by 2035, every passenger vehicle sold must be electric. state lawmakers said no. the governor proposed 75% of trucks and buses would need to

be electric by 2035. state lawmakers said no. most republicans, all republicans and even some democrats called the regulations excessive and unfeasible. the environmentalists blamed the fossil fuel industry for waging a lobbying campaign that blocked the mandate, either way the defeat marks a huge setback for the ev industry and the president's green agenda. turns out these goals may not be able to be put in place. stuart: that is kind of obvious. is biden's ev push a bust? >> how can we possibly do this when we can't electrify the world? california was having brownouts because they didn't have enough electricity. unless we are looking at nuclear i don't see how it will work for everybody. stuart: that is quite a retreat. you can't mandate all electric by 2035.

that is a retreat for the whole ev industry and his green dreams. >> they are going more towards the hybrid, toyota made some announcements and different things. we will see the trend change. stuart: the united nations wants americans to eat a lot less meat in the name of climate change. grady trimble is in virginia for us today. what's this about? >> there is a report that the un food and agricultural organization will release a roadmap next week at cop 28 and one of the recommendations is folks in the us and other western countries need to eat less meat to help stop climate change. we decided to get farmers and ranchers reaction to that. married thomas hart with the national cattlemen's beef appropriation. this is a report from

bloomberg, a rumor as you call it but if they are going to issue this guidance next week we all need to eat less meat, what's your reaction? >> i want to reiterate it is just a rumor. the climate conference begins tomorrow and we expect that report next week but it's important to note that if you are a meat consumer in the united states you shouldn't be worried about your meet consumption. cattle producers in the united states worked hard over the last 5 decades to reduce greenhouse gas emissions. since 1960 we reduced greenhouse gas emissions per pound of beef by 30%. stuart: how much does the cattle industry in met in terms of greenhouse gas emissions? >> 2% of the united states total greenhouse gas emissions come from cattle production. even if at the most extreme us consumers went fully vegan we would only see a 2% reduction

in greenhouse gas emissions. it's important to consider the trade-offs. we are standing on a ranch where more than meat is produced. international water filter, it creates wildlife habitat and sequesters carbon. if you lose beef production in the united states you will lose those valuable ecosystem services. >> reporter: mary thomas will be at cop 28 advocating on behalf of farmers and ranchers and apparently on behalf of meat lovers across the nation. stuart: let's cheer her on. dock siegel joins me. look at a medical standpoint, is cutting meat consumption a good idea in your opinion? >> i'm going to talk about medical and economic if you don't mind, i will stagger you with the economic part. medically i like more vegetables. i think more fruit and vegetables and nuts and berries

and fish are good for you. i think you should moderate the need to. here's something i want to tell you. the united nations of all hypocritical organizations was actually polled in 2019 by an organization called past blue. the diplomats love american hamburgers. they come here for you and week and chow down on steak and hamburgers. why don't they call out china who is importing more and more meat all the time and we import from australia as meat production is down. china as usual is excluded by the united nations organization and always focus on us. i want more moderation, i just came from italy where it was unbelievable and the states here are unbelievable. don't tell americans want to eat, it is about choice, add more vegetables and salads to your diet and don't be hypocritical. we might simply throw you out of new york. stuart: let's get serious.

childhood pneumonia surging in the netherlands and china. everybody i know has either had a cough or respiratory illness. what is going on? >> what's going on in china we can't ever know because we saw from the pandemic the world health organization says one thing and they cover-up what is going on. we always have to be on the alert for a new pathogen or something bioengineered but in this case, there's a lot of evidence published in a top journal called nature, this could be due to multiple respiratory viruses because they had so many lockdowns in china and even in the netherlands in 2022, was locked down heavy so you release the lockdowns and the viruses, isn't used to seeing is that if you get sicker than you would normally.

on top of that, a bacteria called micro plasma that's very common this time of year but in china they have given out so many age packs that they have a lot of resistance to antibiotics, so kids are getting sicker and ending up in the hospital. what is happening, it is a surge of rsv, flume and micro plasma and all at one time leading to this. i don't think it is bioengineered. we can never believe what we are hearing from china on infectious disease. stuart: great day, see you again later. a new tell all book titled end game claims to pull back the curtain on buckingham palace. neil sean has the details. i don't believe a word that is in that book. presidential candidate ron desantis will debate gavin newsom, what does desantis want to get out of this.

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stuart: ron desantis hopes he can get a bid from a new superpack called fight right. it will shed light on the, quote, failed records, how lambert joins me now. are you part of this new group now? >> not part of the new group. i did the same in 2015 for senator ted cruz, started a superpack in november 2015 to

purchase television ads, i suspect the two packs will work together and it is probably donor driven. they want to have more say in how the money is spent. stuart: desantis will debate gavin newsom tomorrow night on fox. what is he hoping to get out of this debate? >> he wants to present two versions of the future of america, the top republican governor the country and governor desantis, hundreds of thousands of people moved to florida from california and new york versus gavin newsom whose state has lost population for the first time in the history of the state, look at that stated it is looking like brazil where you have a massively wealthy enclave of people in gated communities, and this vast underclass of people that aren't educated, moved from other countries and are living in poverty and have this homelessness so it is

becoming bifurcated. the middle-class are fleeing like crazy out of california so you see those contrasts presented. stuart: nikki haley got a big endorsement from americans for prosperity action. this surely boosts her chances of moving above desantis in the rankings. she's coming on strong here. >> he moved up in the polls but never ceases to amaze me how really smart billionaire republicans can make such great decisions from a business perspective and what i consider very poor decisions politically and what i mean by that is i get that they want to back haley, she's an establishment republican, she will do what they tell her to do. he won't take on china. she is for mass immigration, amnesty, has never seen a world conflict she doesn't want the united states to get involved in but there is no path for her. if they spend all this money which look like they are going

to do attacking desantis which looks like she has done so far. they go to trump. 85% of desantis's second voice chowders -- voters go to trump. they might as well write those checks to donald trump for president because when they take votes from desantis it is boosting him where nikki haley's voters when they leave her to drop out they go overwhelmingly to desantis. i don't understand the answer is i'm going to come in third in iowa and seconded new hampshire and take trump out. if trump wins i were people most likely win new hampshire and this race is over. there's never been a republican nominee who won the first two states and lost the primary. iowa is a key state. stuart: you remain a loyal desantis supporter. thanks for being with us. see you soon.

jewish parents and students reconsidering applying to ivy league schools at these universities, not doing enough to keep jewish students safe on campus. a new york official demands the president of oxford university stepped on a comments she made about hamas. her callous remarks are out of step. bruce wakeman will join us after this. - hi, i'm steve. - i'm lea. and we live in north pole, alaska. - i'm a retired school counselor. [lea] i'm a retired art teacher. [steve] we met online about 10 years ago. as i got older, my hearing was not so good so i got hearing aids. my vision was not as good as it used to be, got a change in prescription. but the this missing was my memory. i saw a prevagen commercial and i thought, "that makes sense." i just didn't have to work so hard to remember things. prevagen. at stores everywhere without a prescription.

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the only plans of their kind with the aarp name. so set yourself and your future self up with an aarp medicare supplement plan from unitedhealthcare. smart now, really smart later. stuart: some high school students at the top of the class are reconsidering applying to ivy league schools. this has got to do with the anti-israel protests on campus. >> reporter: it does. some top tier are doing that. they are turning to backup lists of schools in hopes to avoid anti-semitism on campuses, the phrase from the river to the sea echoing on

college campuses. the antidefamation league defining the slogan is anti-semitic, calling for the element nation of israel. jewish i school student hiding his identity telling us he has got the grades for the best schools but he's not sure he can go. >> the first part is no longer whether i can get in these colleges but that if i do will i be safe there? a lot of the universities that are ranking highest in the programs i'm interested in are also very anti-semitic. >> reporter: leaders at columbia and harvard are among those who have written in some cases repeat statements against campus anti-semitism since the hamas attack, the us department of education's office opening an investigation into harvard to see whether the university failed to respond to recent reports of harassment against jewish students, some advocates

say schools took stances on other social issues they didn't do so with anti-semitism. >> college presidents saying we will be institutionally neutral. they were institutionally neutral on dozens of other topics but suddenly when israel is in trouble institutional neutrality looks to them like a good deal. i call that hypocrisy. >> reporter: college presidents are set to testify for congressional committee next week about anti-semitism on campus. back to you. stuart: take a look at susan poser and what she had to say about hamas attacks, she said there is a complex history and conflicting views about the causal underpinnings of the current crisis. this is one of the reasons lasting peace in that part of the world is elusive and contested.

bruce blakeman joins me now. you are demanding she resigned. why? >> seems to me she doesn't have a moral compass. to teach our children it is important our educators have a moral compass. that they know the difference between good and evil, between right and wrong, and between the territorial dispute and a group of terrorists who are kidnappers of children and rapists of women i find to be despicable and called her out and demanded resignation because she has doubled down on it, that is the type of behavior we don't want in our county. stuart: is there a free-speech issue here? >> she's entitled to have free speech but that doesn't guarantee her a position as president of the university. there are consequences to free speech.

her position that's saying the territorial dispute is the same as a terrorist act to me is unconscionable. basically what she's saying is there's a new norm, now if you want to push for a political agenda carted off the heads of babies, raping women and strength of their families and kidnapping children is acceptable as a political dispute resolution. that's not how i was taught or how i want my children taught. stuart: you are the nassau county executive. you have the power to remove her or get the university to remove her? >> it is a private university so i have no control to use the bully pulpit as chief executive of this county. one of the largest counties in america and we are county of

common sense people who have a moral compass and most of the people in nassau county find her position to be unacceptable to the moral values we haven't find it to be anti-american and too many professors and educators in higher education that are anti-american, teach values contrary to our american values and that is part of a problem. stuart: we hear where you are coming from and appreciate it. time for me to thank david for being on the show for about an hour. you have 5 kids. that's very interesting. still had, indiana senator mike braun on the un wanting americans to cut down on meat consumption. martha maccallum on president biden's approval rating hitting a new low and the new bombshell book about the royal family. the 11:00 hour is next.

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