stuart: this is really surprising, you get the music on sixth avenue. lauren: a lot of people don't work friday, they took an extra day off. that these gigs. stuart: sixth avenue has deserted at 10:00 in the morning. straight to the money, the rally continues, thou 100, nasdaq up 93. big rally yesterday. the 10 year treasury yield keeps coming down. it is down 5 basis points. the price of oil is back above $70 a barrel, now at $71.99. bitcoin, 41, 42, 42-6 and change. now this. it has come to this. chaos and division at the white house.

the government doesn't function well like this. as his reelection campaign begins, the president has had an impeachment inquiry, the republicans can subpoena witnesses and documents that put the biden family, hunter, and joe included to tens of millions of dollars for ukraine and china. this will spill out all the way through the primary season. terrified of defeat, the democrats may use impeachment as an excuse to move the president aside. on israel, the president's party is split. pro-palestinian democrats heckled and harassed the admin station with demands for a cease-fire. kamala harris was shattered shouted down by democrats. the president is backing away from the destruction of hamas. on ukraine biden slow walk the supply of weapons and is trapped, he's known for months he needed to do a deal with the republicans but he slow walked that too. now he risks betraying ukraine because the left wing of the party can't stand the idea of

border reform. karen jean-pierre came up with the lamest of lame excuses when asked about 10,000 migrants crossing the border every day. she said it's the republicans fault. one last point. senior democrats know the white house chaos is a problem. david axelrod says the polls show trump beating biden in a head to head matchup is very dark for the campaign, his words. axelrod steered black obama into the white house which i wonder if he's trying to get biden out and michelle in. second hour of varney just getting started. [applause] >> will cane joins us. there's disarray in the white house, impeachment, the border, ukraine, israel, when is the bad news going to stop? >> when it is going to stop i

can't answer but the question is when is it going to be enough to put president biden past its expiration date and we are arriving at the doorstep of that moment. if we acknowledge that president biden's usefulness was to stand in the way, generic anti-trump vote, then he served that purpose in 2,020, will he served that purpose again in 2024 and those polls, david axelrod's assessment, are the most damning for president biden. democrats look up at all of what you laid out and it will only get worse as the calendar turns to january, no longer useful so we have to turn to somebody else who can be the anti-trump. you said michelle obama. i think of gavin newsom. stuart: the question is the mechanism for getting him to step aside. how do you do that? is there a way to do it? >> can you imagine, it is like

we are all ready has the calendar turns to january, today absolutely insane. the former president indicted while running for president, possibly if convicted, possibly jail. i don't know where we are, you know better than i, on the doorstep of a recession, two major wars. are you going to put anything past 2,024? replacing president biden at a convention i don't know. i don't know the mechanism. that doesn't mean i don't think it will happen. of the when i agree with you. i do not think president biden will be the democrats candidate in 2024, something is going to move him out. that is the way it is. a trivial item for you. check out the white house christmas video coming under fire for being too weird. roll tape. ♪

>> is criticized for being too weird, i put it to you that any video the white house puts after christmas will be a target on social media. this is a trivial story. >> fair. you are the one doing it. so yes, it is trivial but you commented it is trivial to call something weird. i get it. it seems cheap, it seems not descriptive but my challenge to you, i want you to describe that video, call it magic, wonder and joy, your at a christmas party at the farm talking to a bunch of friends over eggnog and the video comes up, what adjective do you reach for? i am betting 9/10 times you are landing on weird, looking at that going do i hate it? i don't love it, how do i describe it, costumes that i

can't totally assign a connection to christmas. sometimes weird works describe it what it is. stuart: can i get a word in edge wise. my word is not weird. my word is intriguing get, or original, and very interesting. take that. >> i met that party with you at your tree farm. i'm a farmer next door. we are talking the magic, wonder and joy video. over eggnog, what is it like? you are going to say it is intriguing and unique? that is how -- and when you hand me your phone you expect me to cosign your description of it? i'm going to bet you if i use weird i make more friends on the farm. stuart: i would not say to my tree farming neighbors that was in intriguing video. i draw the line at that. you should meet -- good lord. that really worked, thanks for being with us, great smile.

new developments in the election trial of donald trump. the latest please. lauren: the election trial goes to trial march 24th. 24. the former president could not claim presidential immunity meaning what he did as president can't subject him to common-law civil liability, she said no. he appealed that and now the special counsel jack smith stepped in to speed up the proceedings. they want to go to trial fast and elevated this case all the way to the supreme court to decide once and for all if trump can use the presidential immunity defense separately. there are a lot of cases. trump tried to use the same defense in his new york defamation case against ug who accused trump of rate. jury panel democrats rejected that immunity defense. they waited too long to invoke it and that lawsuit will proceed next month so three

times he has tried to invoke presidential immunity to delay these proceedings and all 3 times the judges said no no no. now the supreme court. stuart: thanks very much. back to the market. gary, obvious question. 's too late to get into this rally? >> reporter: no, but selectivity, things have changed, small and mid caps over the bigger now, financials, real estate and things like that are taking the lead while other things are going not by the wayside but less so and it simply has to do with interest rates not only dropping but crashing over the last 6 to 7 weeks. everything has changed. that includes housing, housing related things like that. stuart: i'm intrigued at housing real estate on the grounds that mortgage rates are going to come down when you've got the yield on the 10-year treasury below 4%, you probably end up with a mortgage rate below 7%.

that's going to help real estate across the board, isn't it? >> one hundred% on that. let's hope it continues. a big word for your viewers because i know the fed keeps getting all the taco. i've been telling you for weeks and weeks forget the fed, just watch the free market and that is what matters most, the 10 year yield is under 4%,%, the fed is at 5.5. they will be playing catch up. of the 10 year yield stays down good. if it starts heading back 4. 5 which i'm not sure it does, then we will have some more head winds but so far so good and i must tell you it is stunning how far a drop it has been. from the end of october we had a thousand new yearly lows and the market, now one hundred nearly highs, stocks like home depot coast-to-coast, in just 6 to 7 weeks, quite amazing,

something like that should go on, 6 months it should take so definitely in short order moves have been there. stuart: we could have the rally continue, it's not over, not pausing, it goes up from here, really? >> yes but i would suggest 5% to 10% moves in the last few days on these financials and housing and things like that. you will get simple back soon. i think nothing goes straight up forever. stuart: thanks a lot, see you again soon. we are going to look at the movers and i tell you now one hundred 99. >> can someone say 200. this is the new high, pennies away from $200 a share. city group says they are going there. they love their services, the growth engine for the company and they view future ai iphone and adoption of those as the catalyst so we are pennies away from $200 for apple. a when they raffle. of the when they are pulling away in terms of most valuable company in the world away from microsoft which is down 6370

and apple at 2. it is 3 trillion. lennar, i know they are up this morning. >> bank of america sees mortgage rates coming down and they call that a tailwind for the homebuilders on two friends, they will see more demand for the buyer because things get cheaper and they can feel more so supply comes to the market. they say lennar is going up 12% from the previous price target. we are already there. stuart: open-door technology, online real estate. >> you can tour, find, purchase a home online, 17% gain, rates are likely coming down. stuart: you've been harping on this all day long. the yield on the 10-year treasury comes down mortgage rates come down. next one. what is this about elon musk planning to open a new school? austin, texas?

lauren: and soon. musk foundation filed for tax-exempt status to start three schools in texas. primary, secondary and eventually they start as being free, eventually charge tuition and focus on stem, science and technology but extensive lab work, translation, musk will be educating his future employees. he put $100 million towards this vision of schools. stuart: it won't be awoke school. which i doubt it. i've not heard anything about that but one would imagine classes taught the way he wants them to. stuart: people turning out who can read and write and think. lauren: he said previously colleges aren't employing - preparing employees interviewing for the jobs of today. stuart: all good stuff. coming up, facebook's former head of diversity, equity and inclusion pleaded guilty to embezzling millions from that company. we have the story. the mainstream media wasted no time criticizing republicans after the house voted to

formalize the impeachment inquiry basically saying there's no grounds for impeachment. we will get into that. the white house is blaming republicans for the border crisis. watch this. >> they said no to additional troops and they voted on eliminating 2,000 customs and border patrol agents. that is what republicans have done. blue one the border guy is fired up about what karine john p or had to say. is next. ♪ ents that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence.

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i suffer with psoriatic arthritis and psoriasis. i was on a journey for a really long time to find some relief. cosentyx works for me. cosentyx helps real people get real relief from the symptoms of psoriatic arthritis or psoriasis. serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. stuart: on the markets the

rally continues. we had a big rally yesterday. a small one today, dow up 20 on nasdaq at 41. listen to what the white house had to say about the border crisis. >> the immigration system is broken. we've said that over and over again. the president has put forth an immigration, comprehensive immigration policy legislation on his first day to deal with this issue, republicans refused. they said no to border agents, they said no to new technology to fight fentanyl, they said no to additional troops and they voted unilluminating 2000 customs and border patrol agents. that is what republicans have done. stuart: so it's republicans fault. i don't know where to go from here. the gentleman on the right-hand side of the screen, democrats are talking about expanding migrant camps and deportation. in your opinion would that stop the flow?

>> just them denying it shows how delusional they really are. they need to start releasing them so when they start talking about putting more migrant camps, you got to see how they are going to do it because the cartels will control the southern border, they have a loophole of the floor ruling which they know if they cross with children they are going to be released in 20 one days. in the tucson sector they realize the jane doe lawsuit that has to release them within 10 days. they need to send immigration judges and asylum officers down on the border, look at each case and deport people immediately that don't fall under the premises of asylum but they are not going to do that. this is all smoke and mirrors. they've been doing this since day one and for them to say it's the last administration's fault i will remind them during the last administration the numbers were a lot lower than they are now and today one of this administration you start seeing groups of 300 plus

because they knew this administration was going to allow lawlessness. blue one while we have been speaking we been running video from a train as it approaches our southern border in mexico heading north to the border. on the side you can see it looks like thousands of migrants, there they are on the screen right now, looks like they are waiting for the train to stop so they can hitch a free ride to america. how are we going to stop this? it has become an invasion, hasn't it? >> you are not going to stop it because the administration doesn't want to stop it. the immigration process is broken because people have to take a backseat because of all the lawlessness but the border itself there is no border, people realize all they have to do is jump across, say they are looking for asylum and they will get released and they been detaining people from 100 countries and then you had the got aways. if it is that easy to come across, get released, can you imagine how horrible the intentions are of these individuals that are getting away?

stuart: is there a new rushed to the border? average is up to 10,000 a day. is that because the cartels or maybe trump wins the election, get him in now while we can. is that right? >> absolutely. the cartels will control the border and know what they are doing and when you see these numbers you notice once they are near the border, large groups coming across but not as big as the caravan. the cartels are controlling the numbers that are coming across and they realize if they put them in strategic locations that distracts and gives them the opportunity to bring other individuals with criminal backgrounds and at the same time continue to bring fentanyl, heroin and meth amphetamine's into the country and it is happening because this administration failed to do anything about it. blue one thank you very much, appreciate it. ashley, what are dhs officials

saying about these nor border policies that are being considered? ashley: according to nbc news they are not very impressed, with one saying it would, quote, break the border while another said it would be counterproductive as opposed to what is happening now. i digress, the concern is detention centers would quickly become so full of the agencies would be unable to keep apprehending migrants as they cross the border, currently border patrol holds them for less then 72 hours, screens and for national security risks, releases most. under the proposed mandates all and documented migrants would be held in place detention, even those not considered a security risk, meaning border patrol could run out of space to temporarily detain or process new arrivals. is already a mess that i'm not sure we are talking about. stuart: a total mess, everybody knows it. more than 15,000 migrants have

crossed the border into eagle pass, that's just one entry point just in one week, 15,000, one week, one place, griff jenkins is there. you have that exclusive video of migrants waiting for trained in mexico, tell us more. >> you mentioned the 15,000 migrants that have crossed here in just this sector of eagle pass, border patrol agents can't take much more but they are going to get it. look at this video we got that was shot three hours directly south of where we are in eagle pass, a mexican town, you see tens of thousands of migrants waiting to get on trains already overfull, migrants cheering, nowhere are mexican officials trying to prevent the migrants from getting on the train. this is how they have been arriving here week after week, month after month. these migrants will soon be here either later tonight, tomorrow or into the weekend and continue to overwhelm the migrants.

i just got moments ago from my sources the entire southwest border, more than 9000 illegal crossings of which 5 of the 9 sectors have more than one thousand and what is driving all of this is the fact that the migrants are able to cross illegally and be released which we talked to a mexican journalist who expand what's driving it. because of the selfy factor. >> i call it the selfy factor. is in as they cross they take a selfy, communicating with relative back home saying i'm in the us so that's encouraging more to come, regardless what they see in the news that migrants are in the streets. >> reporter: just wrapping things up here, we've got rough weather. it is cold, it's rainy but we have a ground-based camara. we are waiting, there's a group of several hundred the just crossed the river, they will be brought up your, border patrol

doesn't amazing job professionally processing them. and the policy hasn't changed, there's no deterrent stopping migrants from coming. spending another day processing these migrants but there was one number i want to finish on and that is in this week where we've seen 15,000 migrants they know that 1158 were known got aways. more than 1100 people, don't who they are but they were brought in or apprehended when they crossed the border where i am. back to you. stuart: the house formalize the impeachment inquiry into biden. will democrats use it as a way to push him out of the white house? david axelrod says new poll showing biden's approval that new lows is very dark for the biden campaign. axelrod was an obama guy. what is obama's role in this? we will get into it next.

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stuart: on the market rallied is faded but is still in the green.

dow is up 500, 73 today, nasdaq up 200, 45 right now. modest continuation of the valley. lauren looking at the movers. united, what's the story? lauren: they expect the most flyers ever at the end of your season, they are expecting 9 million passengers december 17th through january 8th. 4000 flights today. stuart: revision. >> exclusively deal with amazon has expired so they are teaming up with at&t which will add its electric trucks to its fleet so it is up 8% today. stuart: looking at the dow up 72, nasdaq up 42 points, now presumably they are up 7%. lauren: piper sandler gives them an overweight waiting confident they will bring in new sneaker styles, they think that's good for margin

expansion in 2024. stuart: thank you very much. now this. democrats continue to push for more aid to ukraine. republicans look to enforce border security, there's a class. were devoted stand on this? >> the majority of the public believe securing the southern border is more important than supporting ukraine this according to a poll that said 51% chose to reduce the number of legal border crossings over sending more money to ukraine, 30% said ukraine should be the priority. when you break it down by party, 73% of republicans chose the border while 13% were for ukraine, democrats meantime other way around, they opted for ukraine over the southern border by 53 to 33 margin and what about the independents, 48% said the border is the most pressing issue, 25% chose ukraine, the southern border

coming out on top. stuart: thanks. a recent paul in the wall street journal has biden's job approval rating added new low, 37%. david axelrod called that very dark for biden's reelection campaign. carly griswold is editorial director at the federalist and joins me now. axelrod is an obama guy. what is obama's role in biden's reelection campaign? >> of david axelrod, barack obama's right-hand man is saying this we can assume barack obama himself is saying it meaning the man who actually runs the democrat party, seemingly wants the party to dump president biden and move on. the problem for democrats is they don't have a biden problem, they have a policy problem. as we saw the border crisis to the economy to foreign policy, the wall street journal poll shows that negative views of democrats outweigh positive ones by 18 points. that's a huge deficit.

you don't overcome that deficit by shoehorning in a new candidate who supports the same policies as the failed incumbent. stuart: before we move on, what would you say to the possibility that axelrod is in there as a way is a way of moving biden out and moving michelle obama in? you dismiss that entirely? >> i would not dismiss anything entirely because we are still your out but there's been a lot of talk of how we are past the deadline for certain states for the primary. the only date that really matters is the democrat convention in august. as long as democrats can push president biden out before then there's definitely a possibility barack obama and his team can help decide who the next democrat nominee will be if not president biden. stuart: a look at this headline from the new york times. house approves biden impeachment inquiry, gop hunts for an offense. seems like they are saying

there's no grounds for impeachment but they didn't say that with russia, did they? >> exactly right. this is the new york times that still will not admit the russia collusion hoax which it pedaled was fake, now they say there's, quote, no evidence for an impeachment. accept for signed checks and testimony from irs whistleblowers and ex-business partners, highly credible fbi sources, texts, emails, goes on and on and that is not to mention biden's mishandling of classified documents, complete dereliction of duty on the border, deadly afghanistan withdrawal, this impeachment is not in want of an offense, it's how to boil it down to just a few. stuart: seems to be things are so bad domestically, crime, border, foreign policy the wars, things are so bad that the democrats really do want to push president biden aside. in your opinion do you think biden will be the democrat candidate in 2024 because i

don't? >> there's a good chance he won't. at this point i think there is more reason to believe trump will be the republican nominee than that president biden will be the democrat nominee. stuart: i think you are right trump is more likely to be the nominee than biden. come and see us again. harvard's president, claudine gay, at an event on campus last night. what would students say? lauren: she lit a candle, without incident. i like this story. she was able to keep her job through this and now she is showing her support for jewish students at harvard and making them feel safe, welcome, and accepted on campus. all smiles. stuart: okay. >> reporter: she was able to keep her job with backing of

the faculty and she's reaching out to the jewish students and they are going to try to do things differently. stuart: ivy league at top tier schools need to get to the root cause of the problem which is no free speech. lauren: step in the right direction. stuart: maybe. poison control centers say calls are up 1500%. they blame ozempic overdoses. mayor of boston under fire, invited minorities to a holiday party and defended not inviting white councilmembers. the full story after this. ♪

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stuart: we start with the stock market up 74 on the dow, up 34 on the nasdaq. the 10 year treasury yield is still coming down 5 basis points. 386. as for the two year, that is the yield coming down as well. let's spend a little time on gas prices, they keep coming on. there are 21 state producers, 20 states $3. 26 states under $3 per gallon. now this. boston's democrat mayor michelle wu not a lot of hate when she sent invitations for holiday party but the invitations were only intended for electeds of color.

molly line in boston. what is the mayor saying? >> this is a this inviting debacle as you mentioned. the city's mayor michelle wu, a democrat is boston's first female mayor, first asian-american mayor held a holiday party held last night for electeds of color but the invite accidentally went out to the white city counselors too. the director of city council relations sent a follow-up apologizing for the prior email, the invite, writing i did send that to everyone by accident. i apologize whom i e-mail may have offended or came across as so. re-baker who is among the seven white councilmembers, there are 6 numbers of color called the exclusion divisive but told the boston herald to offend me you have to do more than not invite me to a party. mayor wu called the misfired invite an honest mistake and defended the soirée which was held at a city-owned event space.

>> we celebrate all kinds of connection and identity and culture and heritage in the city. yesterday we hosted our city hall hanukkah celebration. tree lightings, we bring in, we want to be a city where everyone's identity is embraced. >> reporter: the mayor has noted there are several other holiday events the entire city council and other elected officials are invited to. stuart: thank you very much indeed. of former they i manager at facebook has pleaded guilty to embezzling millions from that company. you got details on this? ashley: i guess that ian this case doesn't stand for equity but rather embezzlement. she pleaded guilty to embezzling millions from the social media company as part of

a kickback scheme. the former employee was head of diversity, equity and inclusion at facebook now called meta-from 2017 to 2021. federal prosecutors say she diverted more than $4 million from facebook by linking payment apps to her facebook credit card and paying out charges to fake vendors which court document said the scheme also involved her relatives, friends, former interns from a previous job, nannies and babysitters, and hairstylists and a college tutor. that's what we call in collusion. she is so gradual to be sentenced in march. this is too easy. stuart: you got a sense of humor. i will be back with more humor later on. this is kind of humorous. the climate crowd says breathing is bad for the environment, it adds to greenhouse gas emissions. you can guarantee we are all over it.

is relapsed by mister netanyahu promises to continue the fight against hamas adding nothing will stop us. trey yingst has the full story from israel next. the virus that causes shingles is sleeping... in 99% of people over 50. it's lying dormant, waiting... and could reactivate. shingles strikes as a painful, blistering rash that can last for weeks. and it could wake at any time. think you're not at risk for shingles? it's time to wake up. because shingles could wake up in you. if you're over 50, talk to your doctor or pharmacist about shingles prevention.

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stuart: a modest amount of green on the left-hand side of the screen. a huge rally yesterday. jake sullivan met prime minister netanyahu in israel this one. netanyahu has vowed nothing will stop israel from fighting until the end. trey yingst in southern israel, the latest from there please. >> reporter: this as fierce battles rage on in northern and southern gaza. another israeli soldier was killed overnight in those battles bringing the total to 116 since the ground operation began. we know that on a call with reporters overnight, israeli officials declined to provide specific details on a timeline for securing territory in northern gaza the they did describe what efforts look like in southern gaza explaining operations are taking place in

pockets, not trying to hold large amount of territory but focusing on hamas sells. with the were expected to continue for months us officials continue to weigh in on the conflict. excelling arrived in israel today is the biden administration aims to find a medic solutions to the situation on the ground and released a hundred hostages still being held inside gaza. 69 days in, washington not calling for cease-fire. a spokesman for the israeli military saying this about the ongoing war. >> are war is against hamas, not the people of gaza. it is hard to remain in different to the loss of innocent lives, israeli and palestinian but while hamas sees every innocent death as a strategy, we see every innocent death as a tragedy. >> reporter: you heard there from israeli defense forces spokesperson karen hedgeoff who spoke about the battle on the ground and the focus for the israeli military, they say they

are at war with hamas, not the palestinian people. the biden administration will continue to pressure israel to keep the civilian casualty rate as low as possible as the war continues. stuart: got it, thanks. israeli activist emily austen joins us now. emily is on the ground in israel, she just visited a kibbutz. i want to know what's happening at the couple's where hamas slaughtered people. >> on the enough they couldn't disclose to us what the issue was but there has been another attack or something they declined the sentry and said get up here so we left gaza and on the way back to jerusalem, that is when i was an eyewitness to terrorist attack that happened 6 feet away from you. it seems there's still a lot of chaos going on. stuart: will you describe the terrorist incident next to you?

>> i can tell you one hundred%, the first time my flight kicked in, nearing a roundabout which are popular in israel, vulnerable areas, two men got out of the car, one was armed, when i could tell because two seconds later i jumped into the truck, upon hiding in the trunk five minutes later we had two securitys that were very high armed forces and they came back 10 minutes later, the terrorists were taken care of, nothing to worry about and later on we found out they just came from the border. stuart: when was this? was a recent? things like that still happening in israel? two months after october 7th? >> this is last night at 11:30 p.m. two cars and my car was two

cars behind where they tried to. stuart: let me move on from this. biden claims that israel is losing global support because of netanyahu's military tactics in gaza. i think he's trying to rain israel and. what do israeli people think about that? >> israeli people are divided. prior to october 7th the only thing that really changed it was that now we have bigger problems than political division. they are equally divided but there is one thing people seem to forget. whether netanyahu was in office or not hamas needs to be eradicated, doesn't matter who the prime minister's. that will be their job and it will be just as difficult and they have to make sure israel is not constantly terrorized by hamas. it's not a political issue. stuart: netanyahu says he will continue this to the end, that means when he has utterly crushed hamas.

is that close, do you think? >> i hope it is close. we see video surfacing every day of hamas allegedly mass surrendering if that is true, that in fact we might be close to finishing this war, israel has a social more to worry about in which we are not doing great on the pr side, don't know why these false narratives are coming out, why people are lying that we are targeting civilians, spreading misinformation but i hope it is almost coming to a end, the losses on both sides growing and growing and it is heartbreaking. stuart: but is really people still support the idea of crushing hamas no matter what and crushing them entirely. is really still behind that. >> of course. how not? of hamas does not cease to exist, israel will never be able to live without fear of missiles flying overhead, stabbings and shootings,

constantly being terrorized by this group of terrorists that -- what makes people think we have a choice at this point? they started a war on october 7th and we must finish it. there is no alternative. stuart: thanks for being with us. you have appeared on the show many times to tell us how things are. we appreciate it. thank you very much. still ahead, will democrats use the impeachment inquiry into biden as a way to ease him out. i will put that to pete hegseth. democrats talking about expanding migrant camps and deportations. what does that do to stop the flow at the border. i will ask congress when mike maltz. poison control center's say calls are searching because of ozempic overdoses. what is the symptom of that? tom fitton from judicial watch. will hunter ever testify? the 11:00 hour is next. ♪

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