background, steeped in public health, to be able to lead this% that is what people want, some particular person is going to give them -- that fills it for political reasons and that is why i think the president has made a mistake. partisan to be the ebola czar. maria: you really hope politics is not getting into this as well. thank you, we hope you will join us once again on the air. aaron tolbert, good to have you on the program, rich edson, thank you. we have a mark on wall street up 234 points, the highs a stunning rally nonetheless. that will do it for "the opening bell". let me send it to stuart varney for "varney and company". stuart: looks like, feels like a sigh of relief, no new ebola case, rebound for your money, not bad so far. it is friday in october after a

week of heavy selling, probably a little early to stand up and cheer but look what we got. 90 minutes in stocks are up, oil is uu, interest rates up, solid economic numbers, all kinds of talk of printing more money. even backtracking from the president on an ebola travel ban. there are clear indications the ebola paralysis is spreading and that is not good. the president appoints an ebola czar and anet yellen those political. october 17th, "varney and company" is about to begin. oh yes. we have news on the lot ebola front. president obama name is ron klain ebola czar. he manage distribution of funnss from the big sttmulus ackage the president passed ii his first erm and also served as

chief of staff to vice president joe biden and vice president al gore. he is considered an excellent manager but has no health care background. elsewhere, still no travel ban although the president says he has quote nick no philosophical objection to one. we have an update on nina pham. she is in staale condition, no word how long she will be in the hospital in maryland but she is in good spirits. no major ebola related headlines as far as cases go but another example of what some might call the irrational fear. the coast guard will not let it talk. a nurse at the hospital in dallas who may have handled specimens from thomas duncan is on board. she does not have any symptoms.

still, the ssip cannot talk. no effect on the share price of carnival cruise lines. look at frontier airlines. up to 1800 people that either flew with ms. vincent or after she got off. now look at the big board. we have a rally. 200 points for the dow jones industrials. a one and a half% gain. s&p 500 is up one and a half percent. look at general elect rick. that is one and a half percent. general elect jack up 3% at 25. it was ge.

>> this is good news. >> profits are strong, orders are up. look at audio. it is 8373 per barrel. gold has not done much movement. look at the 10 year treasury and the yield there. now it is at 220. very interesting market place for us today. back to ebola. your response to the appointment of ron played as the ebola czar. >> i do think that there has been a complete loss of confidence in the white house and the handling of this crisis.

i hope that they can pull it back together. stuart: are pulling back together. they have the czar. do you think they have their arms around this thing yet? >> i do not think so. i hope so. a good example would be this travel ban. it makes so much sense. a country that neighbors these countries. they have used travel plans. they are effectively ebola free. we are not. this is a very ccmmon sense common part of this disease. stuart: we just used the example of the cruise ship.3 this president was being self

aware and team above the trip. is that irrational fear? >> i think in most of america, you do not see that irrational fear. i know thht students that traveled with the nurse from dallas, they said they contaminated the school. joseph took the precaution of students staying home for 21 days. i think america, for the most part, is relatively calm about this. stuart: thank you very much for joining us.% thank you, sir. appreciate it. we have said that the anxiety level is indeed rising.

it has had an impact on your money. >> i thought ttat it was fascinating. yes, it does have a market do not let you peers tell you which way to go. there is no dow that there is fear. one thing about reporting, you just report. they think it kind of underscores the effectiveness of this presidency. we should be quarantining those

countries. there should be a travel ban. stuart: the absence offa new ebola case. >> it does not hurt. i will get you to say the words q you just wants. it looks like it is working today. stuart: qe3. >> you said it.

stuart: roller coaster ebola stocks. come on in. >> 3.3%. they have a new drug. an experimental ebola drug..3 it turns out that the treatment eighty-100% success rate. that sounds pretty darn good. the stock is jumping today. this has been very volatile. stuart: charlie gasparino just will not leave the set.

>> there is some decent economic news. by the way, they do make a decent point. a couple morr cases of this and god forbid, it will have a marketing packet. you do with people that every now and then trade on. deal with stocks. you said q we. [laughter] stuart: a bit late for the buzzer. check the big board. we are up 250 points. weeare calling this a call for a

sigh of relief. the only way the market can gg from here is straight down. mr. demographic cliff. he is next. >> gold will probably go up to about 1525. @he s&p will go to 740. ♪ go ahead and put yrbag rit here

ha a nice flig! go ahead and put yrbag rit here traveling can feel like one big mystery. you' never quite s whats coming youway.

but when you've got an entire company who knows that the most one flightare nothing if we n't get your thgs there too. 's no wonder if we n't get your more pplchoose delta than any other airline guysh lieve this gonna sam always gives u thgood news in person, thenh. good ns-fedex has fl rate g it's cled fedex one rate®. 's affordae. >>undsat. (cell phone typing) ypincontinues) oosh) (cl phonesuzz, chirp) >>and we he to work the weekend... g mo good wst's friday! o! ship a pak v fedex eress saver fors low as $7.50.

stuart: look at this, please..3 check the price of oil. we went to 79 and change earlier this week. then we have google. disappointing sales. that ooershadowed the other side of the story from google. look at morgan stanley. the profits went up 87%. nice boost their from trading.

janet yellen is gettiigg3 -@political. consider this. she said the extent of and continuing increase in inequality in the u.s. greatly concerns me. now, all right, charlie, if she says inequality affects the economy, i think that is fine. >> just generally we are nonpartisan. ben bernanke certainly was a partisan when he dealt with president obama. there is a hypocritical aspects to all of this. janet yellen is the era when

taker. it has benefited the rich people. they made billions. millions of dollars during this period this is a fed driven any quality. stuart: let's be clear. it was trillions of dollars. they pumped it out there. they put interest rates at zero. >> if you are rich enough to be able to afford a stock, your -@stocks went from 6000 to 17,0.

stuart: pumped up by the federal reserve. this is so bad for her to go out there and say talk about any quality when she is the main corporate. stuart: you better know that we have a rebound. you predicted that the dow would hit 172. are you sticking with that tiieframe and that size of a

@ecline? >> yes, i am, stuart. we think the market will top around that 17,200. we are telling people to get out early. it broke below 1860 and hit 1820. the most bullish scenario i could possibly paint. people should protect themselves. i agree. the fed is driving this thing crazy. >> i will take this advice.

you want to -- here is the thing. this is a once in a lifetime -- everything goes down. everything bubbles up. >> bsafe. make no yield. protect yyur money. again, you will be able to buy stuff with that cash. correction and what i call reset since the early 30s.

there are a lot of people saying what you are saying. you stuck wiih the forecast. a specific degree of decline. that is what we like. >> there are a lot of people saying this is not a bubble. get out of the way is what i am3 warning people. stuart: his name is charlie gasparino. thank you very much, indeed. we are calling it ebola paralysis. with all this anxiety, will it hurt our economy? >> you cannot use that a word. the public understands.

maybe it is sugarroating. drip, drip, drip bad news. they know we can't handle the that is. ♪ ♪

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now's the time to get in the loop. just look for our fall tv picks with xfinity on demand. huh. quickly find the season's hottest shows, huh. quickly find the season's hottest shows, with a handpicked collection all in one place. only from xfinity. stuart: bouncing back a little bit today.

please remember, tesla has hat is called a direct consumer business model. now it is waiting for rick snyders decision. look at twitter. teaming up with sound cloud and itunes to let you play podcast, music and other video clips within tweets. you got that? >> twitter is up. this is serious. two major storms. this is with radar. set to make a direct hit on bermuda. when is 1355miles per hour. carrying a potential surge. watch out. tropical storm and not on the path to south hawaii. those are expected to strengthen

as the storm reaches warm hawaiian shores. let's bring in peter ricci from washington. some would say irrational fear over ebola. you think it will have, already have a bad effect on the economy. >> the potential is enormous. it is making an effect. it is impossible for the health-care system to rise. it is closely sinking in.

it only has impact if we get a few more cases.% >> i think that is the case. people feel like the bug is out there. the one thing we do know is the consequence. the ordinary community hospitals which are supposed to be centers of excellence. if we give five, six, 10 of these cases, then i think that the american public haa a right to be feared and outraged at the circumstances. stuart: we have had a rotten

week. we are up to 60 points as of now. would you be out there buying stocks today? month. >> i have a column that says exactly that. the real problem is in europe. let's remember that we have been going through a european recession for the last few years. folks are talking about a slowdown in china. that is not a slowdown. what is happening is china is my feeling is the global economy is making a shift in direction.

i think the promise will continue to be solid. >> i want you to come into a discussion that charlie gasparino and i have been having. if they did print more money, do you think that it would do any good? >> i think it is time for the federal reserve to get out of the market. i think next summer is a perfectly good time to start raising moderately short term interest rates. the market, i think, can handle it as long as it is broadcast.

check her website. here in washington, it is desperate. the enemy is at the gates of the capital. i wonder, what are the procedures for removal? >> he has launchhd. i am glad that you have tenure. you have 10 seconds to answer this question. does the market go straight up? >> i think that the market will take a nice bounce if the republicans win in november.% stuart: a huge concern for nurses. they are not feeling prepared. they are anxious. can they refuse to treat and ebola patient? we are finally hearing from nina

pham. roll the tape. so allbank reallno hidden fees on savinccounts? that's right. it's just that i'm worrd abouty. why's at?ight. it's just that i'm worrd abouty. no hden es, fr the bank where branch equals great rate means keeping seven billion ctranions fwi.lying, and when weather hits, it's data mayhem. but airlines running h end-to-end solutio are alw. f ur businesdeals hp bigand oud sotionec ma sure yoalalways ow what's co -

and are ready for it make it matter. shyou see r? it's0%l confidencthat'sore... e br shh... know thas more than 10. buthat'shat winns give. i ow, i ow. listen, ju get td eritrade's ll on the hn. they'll gui u thro it's simple. even shcould do it. whatever, janet. all the confidence you need. whatetd ariade. you got this

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this is the microst clou so i can reach ally bank 24/7, breluctant to n things.i'm a lt what'wrwith tryingewhings? feelhat in your mules? yeah. i ... try new y toank, wre branch equalgrt ras. stuart: friday at lunch time. we have gone up a little bit

more. or you'll well off its lows. it has and experimental ebola treatment. as for interest rates, we are back at 2.20%. charles payne as some very strong words for the competition on their ebola coverage. >> it is a shame. every morning they are killing investors. >> how does he really feel? >> i will say this. i think cnbc is playing catch-up on this story. clearly, we were the first to identify it as a headline.

you tend to try to take it to another level. in the attempt to steal the story, they are way overblowing it. they are creating a full suppression. no, it is not the biggest thing in the markets right now. the fed is much bigger. stuart: i will bring you up to date on the latest on ebola. a gooo manager. chief of staff to the president. we will talk to the former ceo of office depot. here is what congressmannkevin brady said earlier this hour.

he is not convinced. >> recycling jack ma teens throughout the administration. i am hopeful that they will pull it back together. @e need a very smart all and strategy. stuart: we also have an update on nina pham. doctors say she is in stable condition. you are looking at a picture, or you will be shortly, of the carnival magic cruise ship. it is being held off the shore of bullies. she wanted a voluntary

quarantines. no effect on the share price of carnival. nurse number two, amber benson. frontier airlines trying to contact 800 passengers that flew oo the same plane she did after she got off. on the issue of nurses and protocol, here is a question, do they have a right to reffse to treat ebola victims? i know that you are a consultant and you are a consultant to the nursing professor. can we stay off ebola cases? when they ask that question, what do you say? >> first of all, it is not a

simple yes or no. it basically says that nurses have a right to reject an unsafe assignment. here is the reality. american nurses association does not higher nurses and they do not fire nurses. hospitals do. ii is the ama's position that they should not be retaliated for exposing unsafe conditions. there is always that risk. i am still hearing reports as of right now this morning that hospitals are all over it the map on this subject.

hospitals have been doing drills for weeks. hospitals still do not have full and permeable effective equipment in stock. >> do you think that this poor performance in preparing for3 this? >> the problem is the cdc puts out the guidelines and now it is time for hospitals to step up and followed the guidelines. it is not a complex subject. we cannot wait any longer. >> we saw the people around. trying to treat her. wearing three pairs of gloves.

literally, how do you treat somebody? how do you put a tube in someone's arms with all that equipment, if you are a nurss? can you do it? >> of course you can do it. if you are properly trained. this is what they live for. they just want to be safe and part of safety is about proper training. >> very personal care when you are wearing that leeel of @ersonal equipment. stuart: thank you for joining us. very important subject. pentagon police say a woman found throwing up in the parking lot of the pentagon told them that she had recently visited africa.

all traffic was suspended around that parking lot. that is the reaction. one woman throwing up in the pentagon parking lot. how about that. a sigh of relief on the stock market. the dow jones industrial is of 283 points. a former ceo of a major corporation. do you need healthcare insurance? he will answer that question. ♪ [ hoof bea ]

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becauselth is everything. nicole: i am nicole petallides. the dow jones industrial average is up 282 points. a gain of 1.7%. still lower for the month of october. for losing weeks in a row. the nasdaq up 1.7% as well. energy is one of the reasons we are bouncing back. right now oil is at 82. all that energy shares coming up along with them. haliburton is also a real winner. google, is softer than expected revenue growth. urban outfitters, same-store

growth trends. more "varney & company" coming up. ♪ taken idea and ma it happen. i'm janet long and i formedy toffee company througgalzm. make moneyoing wt i lo. we cre legalomo help people start their business and launch their dreams. and ma your siness dream a reaty.a at legalzoom.com we t the law on your r si.

stuart: to ebola and the new coordinator. a big time democrat. no healthcare experience. let's ask steve.

do you need healthcare credentials to run a healthcare crisis? >> it seems to me that we need leadership. we have been passing it off between the government. we need a leader on this. >> this is a situation where you need to bang heads. this is a overnment bureaucracy . >> this is a case where we need leadership. >> somebody that will lay the law down. you do this and you do it now. >> most importantly, you need somebody that can instill

confidence. you cannot keep telling the american people it is okay.3 do not worry. you need somebody that is in control. you do not need another lawyer and another olltician in charge of it. >> would you agree that there is a difference? >> clearly, people move back and forth. there are politics to this. noodoubt. what is the plan? will i be saved? what is the protocol we are going to use? >> what the american people want is a leader who will say if you do not do this, i will fire you. you are gone. nobody in government can say

that. >> the american people want to be safe. number one. we want to make sure that the borders are secure. we have hospitals that know how to do with this. >> i am tired of the czar throughout the government. he is a bloody lawyer for heavens sake.

the ebola czar at this point. it goes against the pole rules of corporate governance. >> we need to make sure we are coordinating with borddr security. if this close-up, this could cost billions of dollars. this could be huge. this is important. >> i am happy that there is a leader here. experience.as somebody with some

make sure that there is a plan from a-z. stuart: thank you very much indeed. a look at lakeland industries. jeff flock is at another company that will make reflect this year. we will ttlk about profiting from here back. wth think salmon and ergy. producp

creas somethin se as well: jobsll oveamerica. engineering and novation jobs. nc safety systems & tenology. engineering and novation jobs. shipping mufacturing. bp supports moren aca quartemillion jobs, wh we set up operation ople in otherpartgo to work. 's not a coincincury, i's one mo pt of our commitment to america. have a nice ight!r g ghhe. travelincafeel liket!r g ghhe. one big mystery.y. reever quite sur what ing yr y. tbut when y've got anr g ghhe. on-timflhts are nothingows tht if we can't get yo thgs there too. it's no wonder mo people choose delta thanny o o airne

stuart: much more on the market rallying. ebola czar.nal fear and the new first, let's have a look at the market. we just crossed 300 points. a 300-point rally. sales of the protective equipment is shooting straight up because of ebola. you see kids being assembled here.

you see gloves here as well. you see face masks. it has been. i asked the president of this division to come over. >> absolutely. we have seen a solid increase. we are ramping up production to cover up that demand. if there is a significant outbreak, if there is a significant outbreak, can you ramp up fast enough to meet the demand? >> absolutely. we are ready for that increased demand. >> this line is running pretty good. this is a box headed out somewhere in the u.s.

stuart: thank you very much indeed. they are on the production line. it must be tough. we have more on the rally coming up. a new ebola czar. how do they feel about it? that is next. ♪ fema announcer ] you get si, cat breathe througyo ne.....

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and insntly open your nose up to 38% more th cold medinealone. so you can bat and sleepep. shut youmouth ansleep right. breathe right stuart: it seems clear america is a nerve to buy ebola. people with even the most distant connection to a suspected carrier are extremely anxious. there is a growing travel paralysis. we reported earlier the extreme example is the carnival cruise ship. on board, a passenger who may have handled lab specimens from thomas duncan will she went into voluntary uarantine but the ship was not allowed to dock in

billy's. no passengers were allowed of. have we been taken over by a irrational fear? it is a fair questionn the anxiety level is through the -proof. why is that? blamed the administration for slow response. a confused response. frankly ebola czar or not, blame the president for a politically correct response. in the mullet the polltics of fear. to one irrational fear or know the market is breathing a sigh of relief. dow up 289, stocks dock in part because there are no new ebola cases in the headlines. the s&p 500 is up about 1%, nice the in there and get the nasdaq taking the brunt of the sell-off, up 1.6%, 69 points. oil has come up from earlier in

the week commonalities $83 a the price of gasoline down again, national average for regular, $3.14, and 13 states from what we call the $2 club where the average price for regular in those states is under $3 a gallon. a ten year treasury back above 2%, the yield is $2.19. that is the yield on the 10 year treasury. timeefor the people of the for this hour. president obama to name ron klain as his ebolaaczar, former chief of staff to vice presidential biden and al gore by a big-time political operative for the left, he has no health care background. he is former ceo of office depot's the violencc on weather that makes himmqualified. >> we need a leader in this. do we need a czar? i don't know but i'm tired of czars with autocratic power but we need someone coordinating. stuart: wait a minute. betsy mccoy, our go to prison on

health care within in a couple minutes. after nina pham, the nearest to be diagnosed with ebola, is in stable condition at the and i each museum in -- hospital in maryland. congressman bils withh3 us, republican from ohio. your response to the new ebola czar. >> i think i agree with your previous guest. leadership is needed. that has been missing all along. the secretary of the dhs. czar, i am not sure we would get out of appointing someone now who has no experience in public health or health care, how that will stem the tide of ebola in west africa and protect the lives of the american people at home. too many unanswered questions from the cdc. stuart: when your judgment, the administration not yet got its arms around this problem, not

yet out front of this problem. >> that was demonstrated yesterday. how many times did you hear dr. friedman said i don't know the details to this or that. the first nurse contracted the virus. they don't know how the protocol broke down if the protocol broken-down, whether it was trading. there are too many unanswered questions and all the american people, everyone outtof an abundance of caution are taking actions they wouldn't take otherwise. nobody wants to incite fear or panic. stuart: this is irrational fear. we had the case this morning of a woman in the pentagon parking lot threw up, she said i have been to africa. immediately the parking lot is cordoned off, she goes to the hospitall there is an overabundance of caution.

my question is have we reached the point where this is irrational fear? are we carried away by our fear? >> i can't say it is irrational and what would give the american people the confidence to make rational decisionn would be to get these answers. i heard this morning eople talking about how scientifically sound the cdc's evidence is. it is so sound, it is the science that drives the protocol, then how did these two health care workers contract the virus and why does the cdc not know how that happened? if they would ive answers to those questions it would calm the fears of the american people and it would call my concerns as well. -pstuart: i know you want the travel ban and i know there are travel ban.ocrats who want a the pressure for a travel ban is really mounting. do you think -- i would go so far as to say we're goiig to get

one. the president will not capitulate or retreat but i think he is going to give in and establish a travel ban. >> i hope that you are right and fear is why i say we need a travel ban. it does back to those unanswered questions. until we know what we don't know we have out of an abundance of caution the responsibility to protect the public health and public safety of the american people and we have 150 people cooing frommwest africa today. not all of those are native west africans. some are americans with passports but we know they came from the region where they have been potentially exposed. what happens whhn they hit the ground in america and start walking throughout the country? then they start getting bill after it they have passed the screening process. we don't know what we don't know. that is what is so concerning. stuartt thank you for joining us

today. helping us with our ebola coverage throughout this week is tom sullivan, he knows a thing or two aboot flying and a great deal more on top of that. you heard the conversation with congressman johnson. you heard me talking about the irrational fear and creeping paralysis in the economy. some it up for us. >> i thought the congressman was very calm and deliberate and thoughtful and very rational to save this is rational fear, because exactly what he said, we we don't know how onerous 2 got% it. they worked in the e r. they in i see you so they knew what they regard as far as mr. duncan. we donnt know how mr. duncan got it. he got a woman inno a taxicab. we don't know how the nbc cameraman got it and then one doctor saying they are reading from their medical school course

about the fact that you can't get this other than through bodily fluids but other doctors are asking the question is this the same strain, they are not sure until they answer how these people are getting the busies there is going to be this uncertainty. stuart: dow jones industrial pverage up 303 points. no new ebola cases in the news, lots of ebola news that no new cases. john wayfield is with me. are up 300 points on the dow industrials. it over the weekend a couple new ebola cases are reported, just speculate if that happened with the market go down again? >> it could. are people waiting to take some profits off the table? there is a lot of bad news with isis, the problems in eastern europe, germany's economy faltering. stuart: if we can do pieces --

>> and it looks like it might spread it could be a factor. stuart: more stuff for you in a second. a couple of individual stocks in the news i want to tell you about. g e, this stock is in your 401(kk. strong profits, increased borders, a pig goes, nice gain. it hit 25 on g e. morgan stanley profits up 87%. nice boost from trading activity and wealth management. it is at 2.5%. staying on the market, layfield is here. you are sitting next to me because you live in bermuda which is about to be attacked by a hurricane. >> we are about to be hit by a major hurricane, firss one since 2003. i have the house boarded up and the pets a friend's house with the generator and i am putting. this way. i am sorry, this is a sigh of relief, the dow was up 300

points but you don't sound convinced. >> i think the market is prrcarious. look at what janet yellen came out with, the market is bad enough they will keep interest rates low and that is a big deal. oil is down which should retail but a lot of hedge funds getting killed in oil so they sold tteir retail as well and that is a depressing factor we have seen this past week. overall i like the market and are was buying this morning. stuart: when you were buying this morning? >> because their earnings release is coming up. stuart: because they are beaten up, they came down to the point they are attractive but the rest sure.e market you are not so >> isil controllers, the oil drillers. not sure about the rest of america. stuart: when you got hurricane insurance? >> yes i do. i hooe not to use it. stuart: that is true.. we have to nicole petallides,

some -- the dow was up 300. >> 300 fault those numbers getting tired of seeeng down arrows and this is the fourth week of losses, the dow and s&p up today, all 30 dow stocks are green, led by american express, general elector, walt disney and jpmorgan. loooing at american express that is 4.8%, big swings we have seen, g.t. and out with quarterly numbers and hat is a 3% so weeare seeing big swings they talked abouttonce again but bulls and i shoold note the russell which is the small cap hhs been beaten down. ii is actual the winning week for the russell. stuart: thank you very much. tom sullivan still here. not only an accomplished pilots but he knows a thing or two about the market as well. >> no.eathed a sigh of relief? my question is all right, so you said what if?

there's always the ffiday question will something happen over the weekend and to stewart's point if something does hhppen over the weekend what will trading be like in the last half-hour of trading today? >> depends if we get something. market, i don't want to be wrong this weekend if i felt something would happen. i think people i thinking the ebola case is not going to happen and nothing will happen in the middle east. stuart: why would you buy stock late on friday afternoon in october after a week's worth of selling? >> we are not to friday afternoon yet so it may sell-off this afternoon. right now people icy in things like i saw stocks that have been be not so bad. >> we talked endlessly about the fact that at some point people -- this is the triggerrnumbers so we got the russell 2,000 down into correction territory, as in indexes closed sell at that point, i will not wait for the 10% bid get in before.

that is all we're seeing on trading so far. stuart: i wonder how many viewers would see harry dent earlier this morning on our programs they in the next week to use this goes down $67,000 on the dow. i wonder how many viewers would has a point. i want to sleep easier. i am out of ssocks, good bye. >> i hate to -- there are cdc guys saying this is the new plague and they were wrong about the va and flu, swine flu, s.a.r.s. i hope they are wrong about this. i hope mr. dent is very wrong. -pwith all due respect. stuart: i think kerri brenda and is very right. harry has been right for a long time not only one short calls but long calls and his point is demographically there are guys that are past the peak earning point which is 47 years of age.

you don't consume as much in europe, with numbers you can't trust. stuart: i use selling? >> i'm not buying. >> i have ridden the six and back again. i am one of those where i ride with good quality. stuart: i have news for you from texas. governor rick perry is holding a news conference. he just called for a travel ban. i'm not surprised that it is one more prominent voice saying we got to have a travel ban. i have not heard many people say we don't need a travel ban, we can handle it. >> we don't have many tourists from liberia. we are not losing millions of people. not very much. stuart: as promised, betsy mccloy, outspoken critic of obamacare, or go to person on health care is furious about the

appointment of ron klain. you come up later in this hour on this program. we will talk to the congressman who represents akron, ohio where a close and schools. is that irrational fear? dr. who says there is irrational fear. we should be more worried about the plaguu. hiddeneethat's righcous? it's just that i'm worried about you knowhien tngs..." ok, why's at? hidn fees from t banwhere nobres equals. means keeping sevebillion tra. stomera yeyear flying, and en weather hits, it's data mayhem burlesningp end-to-end solu

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stuart: the game is holding, and the big board shows a gain of 230 points. experimental ebola treatment is 8 in early studies and is up 4.5%. chimeric full the pick high, all those ebola related stocks are very volatile, up and down with the news on ebola. look at oil bouncing back a little. let's bring in scott in chicago. 5 lead in the oil and commodity markets. >> it will be short-term. the whole reason we have gotten the volatility we got this week is the deflationary story and that has been told to was by the commodities the last six weeks. those commodity indices, that was the canary in the coal mine but at the same time global slowing growth, we don't have

the growth, no growth or even the imf downgrading growth at the same time we got deflation. we also go back to that story as we go back out of this short-term euphoria we are seeing today. the bottom is not in and the bad things are not over. stuart: that is what i am asking because you have a nice bounce in the stock market but plateau with a gain of 280 points click. if the bounce ii oil is coming down. you don't think this lasts. bottom line it doesn't last. >> bottom line is we haven't seen the lows. we can't have everything be over in one day. this ebola thing will play out. the underlying story is deflation and slow growth the we have some hysteeia. maybe it is not worth it but there is some hysteria pushing the market lower in the short-term. ebola will still be out there. stuart: so why hold commodities and stocks over a weekend where you have no clue what is happening in october. thank you vvry much.

that is our theme on this program. watch out. ebola is still a fact of. thank you very much. america reaching new record in highs. the national shooting sports foundation joins us for more. give me the numbers..3 buying guns at a record rate again? ttat is the story the last few years. >> the last 15 years firearms sales have doubled. we have more americans now engaged in hunting and shooting sports than ever before. we have accidents down 22%. stuart: i really got to get to grips with this. in 15 years the number of guns in our society has doubled. >> number of sales of firearms has doubled. approximately 300 million firearms in this country. stuarr: is that most small arms, handguns? >> it is a mix, 50/50. stuart: here is the big question because you guys are under a lot of pressure after the mass shootings and the rest of it there's a lot of pressure to take guns out of the hands of

private citizens. that didn't happen. as you say double in 15 years. what about the crime rate? >> violent crime has gone down 46% in 15 years yet people don't understand that. public opinion polls people think crime is up and politicians and the media keep talking about epidemic of gun violence. stuart: can you make a direct correlation and saying increased gun ownership is less violent crime or is it the result of other factors? >> it is a result of a number of factors but one thing you can say is morgan leads to more crime. stuart: several political ads in this political election season. how are guns portrayed in this election cycle? in previous elections like a lot of guys can kind against guns. i get the impression that trend ii being reversed. >> it is interesting. going back even to presidential elections of years past you normally stop politicians of all sides of the spectrum because it is a nationwide issuu carrying

guns. al gore with dead ducks and that kind of thing. politicians saying i really am one of you guys and also politicians saying no, you guys are the devil incarnate and we need to push you out of % business. governors in connecticut for example, the industry doesn't care, we want to sell guns to criminals and lunatics. governor cuomo said if you own certain firearms there's no place for you in new york but on the other hand people in close races and whirl areas are embracing firearm wnership because they see increasing numbers of women, young people buying firearms. stuart: i understood the surge in firearms sales when president obama went into the white house because people thought he would take guns off the bus, so by the now to avoid that but that didn't happen belize still got gun ownership on a mass scale. why are people buying guns now? >> it reverses a 20 decline noon

when inside protection of their homes. stuart: hunting is that? >> it is a long decline. >> it is a long decline and turnaround. stuart: thank you very much. how that could hurricane gonee zombie after the break. intrucing synchrony fincl bringing new meang to the rd partnersp. nking. loyalty. analytics. synchrony financial. engage wh us.

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and ready to watch with xfinity on demand. stuart: two major storms, one on each coast let's go to chief meteorologist in the weather center. deal with bermuda first >> this bermuda storm is the strongest storm they have seen in ten years and is 120 miles or 150 miles to the southwest of bermuda. it is a very small island so they don't take direct hits from the storm bad this one 125 mile an hour hurricane is gonzalo and it is getting close. all indications we will see hurricane force wind, direct impact. this is the forecast radar picture. the center circle is where the ptrongest of the winds are right around it and going to the next couple of hours we will bee seeing this right at around bermuda and on the worst side of

it. we will see storm surge and incredible winds and likely quite a bit of damage, treed edge. their buildings are built pretty well in bermuda but a category 3 storm is going to test that for them in a big way. here's a look at the wind, those are winds over 90 miles an hour and we will see those likely here as we go through the evening hours. tropical storm force winds but as we move through tte next couple hours we will be looking at hurricane force winds by tomorrow morning we clear ttings out, it is a fast-moving storm. stuart: i'm really jealous of you whether guys because your % news is always dramatic graphics, terrific video. tell me about hawaii. >> i appreciate all that. one last thing quickly, we will see quite a bit of rain across parts of the uk next week but you are right. hawaii had two tropical storms this year and we got another one moving into the area. it is a big storm.

track keeps it to the south of most of the gene which is good news but we will see incredible rain especially across the big island, some spots 10 to 12 inches of rain and potentially more flooding and damage. that hurricane that move through, tropical storm conditions amount and half ago, and another one moving in. stuart: i will tell my relatives to be where of rain coming to the u.k.. thank you very much. moving on president obama says he has no philosophical objection to a travel ban but he doesn't think it is a good idea because travelers might try to get into the country by avoiding screening at airports. tom sullivan is here. did we set that up? >> that is the big elephant in the room nobody is talking about and iithink it is the reason why the president doesn't want to do a travel ban because it brings up the question about if we can seal off this country from people coming from certain countries, how about another certain country called the southern border and he doesn't want to even go to that.

the other question about the southern branded is not the whole center of virus. thhre are a lot of questions about the fact that enduro virus has skyrocketed since this pummer when we had the surge of all these kids coming up from central america. we have enduro virus here for 20 years but not a surge of it. the surge is going around in school-age children is tied in with exactly the same kind as when these kids come up. coincidence, you tell me. stuart: if you are talking in the surge in enduro virus in america with the surge across the southern border is identical. >> if there's a real causal connection. that is what -- >> doctors will tell you we had the virus since 1987 in this country but not a surge like we are having a.% stuart: i thought we were going to get a travel ban from west african countries but with that in mind that is interesting.

glad you are on the show. you hold the lot this week. we are asking this question. is the fear over ebola irrrtional? up next week and doctor who says it is not ebola we should be afraid of. something else. rd it can ...w how .to breathe with copdit can feel ke ts. spiriva is once-ilyinhale.. brchit and emphyse. .copmaintenance treaen ...that helps open my airw. yokn, spiriva helps brtheasier. spiva handiher tiotpium bme inhati powder does not reacrescue inhalerr suddenymoms.l ur doctor if u ha kidney problems, glaucoma, troue urating, an larged pstate. ese may worsen with spiriva. discuss all medicis yoke, evenye dro. ting spiva seek imdiate medical if yourathing suddenly worsens,

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connell: when it is 12:33 eastern time and the dow industrral average as a nice gain up 300 points. some of the big names. ge, disney, jpmorgan, when you start using percentage terms to describe the movement you know you have a big move. and it is 83, 82, and the ten year treasury was yielding 219, still yielding 219. we reported this earlier, texas governor rick perry holding a news conference, asking for a travel ban. an exception should be made for aid workers but here is another powerful voice setting get that power ban in place. the new ebola response coordinator otherwise known as the new czar is ron klain, a democratic political operatiie and a good manager with no health care experience.

be in obamacare, betsy mccaoy a is not happy. >> his job as political system. he is more concerned about -ppolitics and expression. stuart: what the mean his job is about political spin? >> that has been his role as chief of staff to the vice president. he is a olitical operative sending out the message, secondly of much reater concern is he is not reporting to the president. and susan rice went on five talk shows. stuart: how is it aa ebola czar.

>> the white house announcement. they were accusing him because he would not allow protecting the american people to distract, fighting ebola in africa which they think is their primary mission. they have got their priorities upside down. stuart: he is appointed to study the spread of people in west africa. >> they made it clear. of the when he is going to be the czar. his concernn should not distract from that primary mission. >> what they are trying to do, is trying to insulate the president so no matter what happens if things don't go well he can stand back and say this guy over here, he is the one who doesn't get this right. stuart: he can be blamed in the event of problems. stuart: heeis a cog in the white house flying machine. stuart: that is a little strong.

>> it is pretty incredible. >> tom friedman has lied consistently to the american people. any hospital with i see you capable of isolating a patient can handle this. was that true? >> tea or point the way he does this is he says face a how did this person, find out how this person got ebola is under investigation. that is the phrase he keeps using. >> he said we may have one or two isolated cases but it will not read widely. he says we need an ebola hospital in 50 states. stuart: you are four feet away from me. i can feel the intensity. >> you could get it. stuart: we have an actual doctor on set with us. let's hear what she has to say. dr. parikh immunologist by profession. i don't mean to dump you in the

middle of this argument but you are a doctor. you know what you are talking about. do you think mr. klain can be an effective health care czar with no health care experience? >> i am just learning he was nominated to be the ebola czar. there is no harm ii having somebody of receiving it as long as they are on the side of health care agencies. the cdc and and i age. stuart: you say we should e worried about ebola. >> reporting to the health-care agency -- stuart: i am trying to change the subject. the goodddoctor came on the show to talk about something comppetely different. benable here. sorry about the ambush. something more concerning van ebola is the flu. is it that series? ebola will kill you. >> ebola, don't get me wrong, is very scary and my heart goes out to the people in liberia and our

infected health-care workers but love lou even though it is not as new or trendy in the news media today is equally potent. last year 108 children died of the flu, children alone. stuart: i don't want to sound cruel or harsh but were the children who died already at risk because they had asthma or some other breathing difficulty or health problem? >> correct. more at risk population is more susceptible but to give you an iiea of the at risk population, the asthmatics i treat, 19 million adult asthmatics and 8 million children in this country alone so that is multiplying ebola victims by the millions. stuart: is the flu airborne? >> it is. is much more contagious than there is concern about air travel and flying but you are more likely to catch the flu on an airplane than ebola.

>> we all had the flu. none of us have had ebola and that is why we are afraid of something, fear of the unknown. >> it is scary virus but the thing is for all of us that had the flu is a week off from work, we feel miserable. for my patients on a daily basis it gets them in the hospital. stuart: i don't have a flu shot. public enemy number one? >> more or less. the thing people have to understand about vaccinations that is you are not just protecting yourself. architect 19 million adults, 8 million children, you could have protected 108 children who died last year.% in the summer alone, people think of as a fall/winter disease. people who were tested there are many more that don't get tested. stuart: what proportion of the population has had a flu shot this flu season? >> i don't have that statistic.

last flu season, it was 50% to 60% and many were unprotected because of that. stuart: i am still surprised. what was that again? 46%? 46%. roughly half. i am surprised. >> the same as this ebola story is the hong kong flu, that was last year. this strain this year you get into these trains you take your chances and say i got the flu shot but would protect me from the strain this year? >> there it is no way to know. the flu virus itself goes through small shifts but they make the vaccine withhthe knowledge they have from protection. stuart: is it 100% effective? >> not 100%. we don't know which way the virus will mutate. percentages vary from year to

year. 2009 we had a large shift. stuart: you have a tough sell. >> it is not a ough sell. why wouldn't you protect yourself? stuart: no guarantee that i got protection. >> there's somewhat of a guarantee. stuart: it is either a guarantee or there isn't. it is not a guarantee. >> when you get sick you won't be as maryland or spreading it to asthmatic sitting next to you on the subway or the bbs. who is at risk of dying? stuart: you made good point. sorry we ambushed you about the czar. thank you very much. after the break we are going to talk to the congressman who represents the akron school district. are his constituents panicking? we will ask him nick stand in our next hour mark cuban, owner of the dallas mavericks, what are his thoughts on the ebola situation? mark cuban, ebola? his fans. he is coming up on risk and reward.

nicole: i am nicole petallides, markets continue to hold out the rally. the dow is up 295 points, take at look at the big move for a short time ago, resumed trading, stock is up 12%, it $104, the interday chart shows you the big pot.

the french food giant, they are looking to make the takeooer. johnson has baby formula. apple, the weekly release the ipad that were overshadowed by some much going on with the market and ebola but the stock is uu 2% today, down right now, you can see, 9825, down for tte weekly netflix, fewer subscribers than anticipated, down one.5%, yesterday's losses down 20%. more "varney and company" coming up. cme oup cahelpou navigate riskanpture opportunitie enable you reachglobal marke and ive forwarwithth broader po. cmgroup: hoe world advances.

connell: whhn you could caal a sigh of relief, we were up 290 points, sigh of relief after big losses earlier in the week. the akron, ohio school district, one school closed today after one student's mother reportedly had contact with an ebooa situation. joining us by phone is mark williamson, chief communications officer at akron public-school. i just want to know did you do this because of an abundance of caution or was it a demand of parents that you close the school? >> o little bit of both. the precautionary part of that which is a wise thing to do based upon we listen to parents. it is not just add that school but 55 school.

22,000 students. a panic going on, >> there was a sense of panic and i will call that irrational fear. was there that sense and that is what you make? >> some folks, not everybody but some folks were panicking over this and those are probably people who would have kept their children out of school anyway. we may have been looking at the situation where come monday or even today there could have been 50% absentee rate any way or maybe higher depending upon tte news spreads pretty fast. >> we appreciate it.

his district includes akron. i am sure you just heard what mr. williams had to say there. in mentioned the word panic. he mentioned irrational fear. appointing an ebola czar. and the cdc in front of cameras again today belize seems like the president, the administration is making an attempt to get its arms around this problem. get control of the ebola situation. will they succeed? >> i do. we have two confirmed cases in the united states. that is important for people to know. we should not be overreacting but ww need protocols in place, protocols and procedures, those protocols and procedures, the governor has been very good about setting up protocols and procedures. we have been on the phone with him the last two evenings where he set up guidelines that are stricter than the cdc hich is good for ohio and i am glad to

see he president has appointed somebody. we need to be able to move forward with one voice anddmake sure the people realizeethis is something that we have to be cautious of but not overreact. stuart: how about a travellban? the president has said not going to do it. i think you favorite travel ban, correct? >> i favor of the above. we need to look into that. one thing i learned this it dependsshow the travel ban is set up.% people will find ways to get into the united states. we have to make sure there are protocols in place at every airport where we have international arrivals and those protocols shoull be checking where the 0 origination of these individuals are. having a travel ban doesn't mean people won't find ways to get his of the protocols and procedures -- adam: when you exit the president's rationale but no travel ban? >> i think we need to consider it. we need to consider it but at the same time those protocols have to be in place in these airports. people will find ways.

stuart: what is the argument agaanst if you have been there in the hot zone any time in the last three weeks you can't come hear what is wrong with saying that? >> i agree with you. we need to consider all options including that but even with that people will find a way. let's make sure our protocols % and procedures are set up, that has to be the most important thing. stuart: thank you for joining us, apppeciate you being here. we are talking about irrational fear of ebola. a huge earthquake drill in california. geologists say the next big one is locked and loaded. we have a geologist, a top guy next. it'just that i'm worried abou you ow "hiddenhing". ok, why's that? no hidden fees om the bk where nobranesquals. gohave aicflight!ur baright he.

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stuart: 25 years to the day since the big earthquake that devastated san francisco, dozens killed, thousands injured, cost the city billions. yesterday more than 10 millioo californians participated in a statewide quake drill. the u. s. geological survey, listen to what he says. i will say it for you. you say there's a 60% chance of the big one hitting in the next 30 years. i don't see much use to that

ffrecast. it is not very useful because you are spreading it over so long, there's only 60% chance here. >> that is not whattmy report is about. it is true here is that two in three chance of a large earthquake in the bay area in the next 30 years. stuart: what is your report about? >> my report is about the slow release of slip on faults in the san andreas system. stuart: does that jive with this one in 10 chance, two of lee janzen the big one with in 30 years? >> my report has nothing about timing of earthquakes and other thaa it doesn't does that -- does an accounting, flocking there is on the fall so we can do arithmetic knowing when the last earthquake was there are four sections of faults in the bay area tlly loaded themselves for the next earthquake. some of these are overdue.

we don't have any control of the timing. stuart: the second house i ever owned in my life was in san bruno, calif. and i am told i sat on the fall line. it was called -- i can't remember what it was called but i sat right n it. we are flat out of time. i do apologize but come on back. i want to hear more about your report at some point later on. thank you very much indeed. sorry about that but we will be back in a moment with more for you. let when folks think about at ty get from alaa,

they thinkalmon and energy. but thenergy bp prodes up here creates something else as well: jobsll over america. engineerand innovationobs. nced setysystems & tech. shipping and manufacturi. acrosshenited states, bpupports more thana quarter . when we set oration in one part of the cou, ople in otherparts to wo. that's not a coincidence. it's e more part of our commitment tamerica.

stuart: i want to bring you an update on tte woman that was sick in the pentagon parking lot. she was riding on a shuttle bus. that bus, full of people. out of an abundance of caution.

both of them caused serious disruption. my time is up. here is deirdre. texas governor rick perry says there should be a travel ban on the countries most effective by ebola. cbs following hbo and netflix. we will give you a broader snapshot. here is where the market stands. you will see green on your screens. it has been a very volatile week. you can see that those markets are moving