wall in the trump residence. would he consider romney for one of his positions? >> we'd like to know that. jon hilsenrath. >> dow 19,000. maria: dagen. >> don't let her con you into thinking that diamond is a good investment. maria: stuart. stuart: what a week it's been for your money. 19,000 on dow minutes from now? you know you look like it. the indication is that we'll go right up there at 19,000 for the dow industrials. this is the trump rally based on growing the economy, with tax cuts and deregulation and it's not just stocks. the dollar is now at its best levels in many, many years.

two weeks ago, trump became president. there's been a financial celebration ever since. and here is something new, trump uses youtube to spell out his plan for the first 100 days, goes over the heads of the media which he does not like or trust. it's a sweeping plan. action on trade, regulation, thesis, lobbyists, energy production, it's doable with the stroke of his presidential pen. he will work through today and then break for thanksgiving. it's only two weeks since he was electedment attention sports fans and amazon investors. amazon is looking into live sports streaming, cord-cutter alert. watching anything, anywhere, anytime might be taking a step forward. we're very glad that you're watching us. wait until you see what we've got for you this thanksgiving week. "varney & company" is about to begin. ♪

♪ 2000 doubt of time ♪ >> what's that song? >> prince. stuart: party like it's 1999. all four indicators, dow, s&p, russell nasdaq at new highs. check the numbers, we're on track to open above 19,000. ladies and gentlemen, this is a tuesday morning. ashley: all day. stuart: the trump rally will rolls on and we will celebrate it. let's get at it. mike murphy is with us now. it's a trump rally based on growth down the road. is that correct? >> that's correct. people are feeling different. people want to be long assets like industrial, coal names, energy names for the last eight

years have been pressed down under the previous regime. so. stuart: well, look, everything is up. commodity prices are starting to move up, the u.s. dollar, it's king dollar these days. >> king dollar. stuart: stocks are up. when was the last time you saw everything go up? >> it was the late '90s. 1999 and that's the caution i have out there is that right now, everybody's feeling really great. we've had a massive two week rally since trump won the election, now is not the time that things will go straight up forever. king dollar, as the dollar goes up, that hurts multinationals earnings. stronger dollar can have a negative impact on e don't get too excited. i like what's out there and what trump is positioning for. you don't have to chase the markets at these levels. stuart: we'll be back when we start the market rolling. >> thank you, mike murphy. donald trump, he went right over the media's head with a two and a half minute video on youtube. no media filter, went straight at it, very direct.

here is his plan for the first 100 days in office. roll tape. >> i'm going to issue a notification of intent to withdraw from the trans-pacific partnership. i will cancel job killing restrictions on american energy, including shale energy and clean coal. i will formulate a rule for every new regulation two old regulations must be eliminated. i will ask the department of defense and chairman of the joint chiefs of staff to develop a comprehensive plan to protect america's vital infrastructure from cyber attacks and all other form of attacks. i will direct the department of labor to investigate all abuses of visa programs that undercut the american worker. we will impose a five-year ban on executive officials becoming lobbyists after they leave the administration, and a lifetime ban on executive officials lobbying on behalf of a foreign

government. stuart: i don't think we've ever seen anything like that before. two and a half minutes, five policy areas we're going to do this, this and this. and the advisory committee member kt mcfarland is with us. stuart: i was blown away right at you and it's doable. he can do it all. >> can do it all he doesn't need congress, don't need any other agency other than himself to say we're going to do it, executive order. stuart: you made a big deal about the lobbying, no more lobbying, get rid of that. why is that important? >> there are two things on this, the cyber defense, but the lobbying thing. the reason there's been a revolution in this country, of the middle class and lower middle class, they haven't had a seat at the donor table. not the special interest that's been buying politicians and we've had a swamp of donor class, contributing to politicians so they run for office. when they finish in office, they go become lobbyists themselves. it's like a vicious circle and

trump said three things, no more lobbyists in my government. if you're a member government, you're not allowed to go ever work for a foreign country, and you're never, in five years, you can't be a lobbyist for five years after you leave. so, this is really significant. this is drain the swamp stuff. stuart: now, he's a can-do kind of president. >> yeah. stuart: have you ever seen an approach like that for a man who's just been elected, the president of the united states only two weeks in, have you seen it before? because i haven't. >> i've seen something similar. reagan understood you go over the heads of the mainstream media, they never like republicans. fdr went over the head of the mainstream media with radio chats and trump figured out this is the new thing and use it to go over the heads of the mainstream media that doesn't like him very much. the other thing is extraordinary. a week ago we were sitting here and reports about donald trump hand on the nuclear trigger, this is so dangerous, hillary

clinton aid we're going to go-- it's going to be terrible because he doesn't have the temperament. look what he's done, all the people two weeks ago calling him name and brought them in, sought their advice, shaken their hand and given them a fair hearing, i think it takes character and personal courage. forget about this finger on the button, so scary, i think it's a great finger to have. stuart: i can tell it's thanksgiving week. >> it is thanksgiving. stuart: kt, more from you in a moment. mr. trump is supposed to meet with the new york times today. the meeting has been canceled. trump sent out this tweet. it reads. i canceled today's meeting with the failing new york times when the terms and conditions of the meeting were changed at the last moment. not nice. the times responded. we were unaware that the meeting was canceled until we saw the president-elect's tweet this morning. we did not change the ground rules and made no attempt to. here is real clear politics associate editor.

ab stoddard. he's going to meet with the times, not going to meet with the times. what happened? >> what happened, a piece came out to him talking to nigel farrage about wind farms, he's opposed because they're going to hinder the view. and editorial and there was going to be an on the record portion with the columnists, donald trump knew he would be asked about his own swamp he has to drain before january 20th. and this is something he doesn't want to talk about. there is no blind trust being established. there is an outrageous potential conflict of interest here. people who work for the boards of the new york post which supported him and wall street journal are calling on him to make an appropriate separation and he hasn't. he can't face reports until he has answers to the questions. >> that's something of a negative for donald trump. >> it is a big negative.

donald trump has these assets around the world of which he's very proud. it's going to be hard for him to separate. we understand this. he might not have known he was going to win the presidency. might have gotten into this whole thing for a different reason, but he's here now and owes it to the public to make sure that he is fixes the potential conflicts of interest that he criticized hillary clinton for. he can't appoint people with connections overseas. the and he can't have his children still involved trying to seek financial advantage and business advantage with interests he's dealing with overseas with leader of the free world. it's a terrible conflict of interest and taken no steps to clo clone-- clean it up. when they talked during the election a blind trust, they didn't entail. and it's going to beage chaing for president-elect trump to try to effect this and i think he just doesn't want to answer

questions about this. he didn't cancel the new york times meeting, he canceled in a tweet, but never told them he was canceling it. stuart: more to it than first met the eye. thank you for bringing it out. there's a piece you did, democrats should dump pelosi, make your case. >> it's time nor nancy pelosi to go. the house democrats have become increasingly liberal caucus, they need to be represented by someone younger by rural areas, tim ryan, challenging her from youngstown, ohio and keith ellison is far too controversial and liberal to hold the position at dnc, sitting lawmaker and doesn't have time to hold the position and they need to find somebody else. stuart: ab, good stuff today. see you soon. >> thank you. stuart: all right. former mayor new york city, rudy guiliani just arriving at trump tower. it's believed he's been

considered for secretary of state, but that speculation has been around for a long, long time. just arriving, trump tower, 500, 400 yards up the road. and trump in meetings at the tower today before thanksgiving, he's going to florida for that. we'll bring you updates as they happen there from white house north, trump tower. here we go, you are about to see the trump rally move to a new level. we are on dow 19,000 watch. new records will being set when the market opens. it's a historic day for your money. stay with us and just watch it unfold. by the way, gigi hadied, the who h model who hosted the ama awards, forced to apologize to the first lady. too bad she didn't do it voluntarily, but the damage has been done. and a man accused of plotting a nice style attack through times square.

he attempted to join isis five times. and new york city's mayor, i'll call him bill deblasio goes on an anti-twitter rantaccuses trump of bigots and anti-semmites. you will see it next.

>> this is the amazon story of the day. maybe the month. it's that big a deal. it says it's working on deals with the big sports leagues to stream live pro sports. this is big deal? >> yeah, it's a big deal. amazon's version of a cheap skinny bundle. possibly talking to nba, major league baseball, nfl. to carry those and maybe soccer. a niche kind of products viewing things. but the problem is nfl deals with other networks over a decade and twitter has live streaming with the nfl. if you can pull it off, $99 a

year for a skinny bundle. stuart: for prime viewers. liz: prime viewers. stuart: they have he got 50 million. ashley: traditional tv is shaking in their boots. stuart: you can cut the cord, you don't need it. ashley: that's right. stuart: a brooklyn man accused of trying to join isis has been arrested in an alleged terror plot for times square, new york city. ashley: 37-year-old muhammad rnaji, an attack in sometimes square. he traveled to turkey and yemen and tried to get into isis-controlled territory and tried to get into isis to join them five times. but they looked at that nice attack on bastille day that killed a lot of people and we're looking at a similar scene maybe using a garbage drug or something like that in times square. stuart: but they got him. ashley: they got him.

stuart: still in new york city, mayor bill deblasio is very concerned about trump. and look at the tweets. a single election does not change who we are,we are 8.5 million strong. we're always new york, got it. next, to all those in the jewish community who have heard a residence from history that gave them real fear and pause, we stand by you. and then there's this. to all of you, we will protect you, this is your home. we're always new york. fox news contributor pat coddle is with us now. the mayor tries to paint trumps an a racist, bigoted anti-semmite. is it going to stick? >> i don't know if it's going to stick, this is obviously what he's going to base his reelection on, it can't be as mayor for new york. he is, for anybody who spends time in new york trying to get around, he is clearly carved this role out for himself.

i found the one about israel particularly enlightening given that my party, the democratic party seems to be abandoning its sport -- support of israel and a candidate for the dnc that's virulently anti-israel. it's amazing they get away with this stuff. he's out there and he and other mayors are saying, particularly in california. we don't care what the law says, we are going to do what we want. i believe we're headed for a major crisis in this country, the first crisis the trump administration to face, which is this notion that we have sanctuary cities and we can break the law. we don't believe we have-- it's something fostered in the obama administration and also the bush administration, which is we only obey the laws we like, or we only have laws that we like. stuart: look, the incoming trump administration has a

great deal of leverage in this area. the feds give 7.7 billion dollars a year for new york city for a variety of reasons. that could be withdrawn or withheld if they continue to be a sanctuary city? is that the crisis you're talking about when crunch time comes? >> i think that the trump administration is not going to-- the country is overwhelmingly against sanctuary cities in terms of disobeying the law and being able to be refuge for often times criminals as we saw in san francisco in the case, you know. the fact is that though this notion out there, the police chief of l.a. saying, you know, i don't care. i have to protect my community and i'm going, wait a minute, this notion we have some laws we obey and some laws we don't and some we have to follow, we've been heading into this

for a long time and it started can president bush and obama saying they would sign their signing statements that they did. i've signed this law, but it only means what i say it means. stuart: crunch time is coming, what you're saying. >> we need to return to basics. stuart: pat cadell, thank you for joining us and have a good thanksgiving. good stuff. >> you, too. stuart: well, more trouble for chipotle face ago lawsuit for misleading customers for calories in its burritos. we'll have numbers on that. and professor paul krugman way out on the left goes on a twitter rant against trump, saying that trump's policies will tilt our country to authoritarian regimes. we're on it. hey gary, what'd you got here?

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>> lots of comings and goings at trump terror, including paul manafort seen entering trump tower this morning. won't say whether he's got a meeting with mr. trump himself. we'll of course follow and update. the liberal economist way out on the left, paul krugman on a twitter rant, slams president-elect trump warning of unprecedented corruption. here is the quote. we're about to enter or may

already have entered an era of corrupt governance unprecedented in u.s. history. is this all about conflict of interest, kt mcfarland? is that what this is? >> this is silly. corruption was pay to play countries donating to the clinton foundation and the state department and potentially the clinton white house. stuart: krugman is alleging that trump will use the position to enhance his fortune. >> he's already rich. look what he's done in two weeks, he's not going to jeopardize that from somehow being on the take from foreign governments. i think it's sour grapes. stuart: and moments away from the opening bell on wall street. all four of the major indicators, three on your screen, they closed at record highs yesterday. we will probably hit the magic number of 19,000 this morning.

history's going to be made and you can watch it. you've got a front row seat again. what a program. back in a moment.

>> you know, in about 25 seconds, the stock market will open on wall street, this tuesday morning, and you have a

front row seat at what's likely to be some history making. we are going to hit 19,000 on the dow industrials. very probably, okay? nothing second these days, but in five seconds time, 19k will pop on your screen. it's 9:30, bang! let's see, let's see, hold your breath, everybody, hold your breath. yeah-- not quite. ashley: oh. stuart: up 23, up 24, oh, you know, keep it up, keep it up. look at the left side of the screen. green, we're 10 points away, 9 points away from 19,000. ashley: come on. stuart: buy something, somebody. ashley: mr. murphy, buy something! . stuart: we really wanted to see 19k at the opening bell and what we've got a mere 18, 990. a few more seconds in the open that some of our viewers will invest heavily at the very last

minute and push that dow to 19,000. sorry. not happening at this particular moment. why don't we move on and check the s&p 500. where is that? yes, it's up a fraction .19%. and nasdaq up significantly. ashley: just hit 19,000. stuart: look at that. bottom right-hand corner of your screen. 19,000. liz: whoa. historic! . stuart: there we go. a special graphic. all right. read it. liz: look at that. stuart: pretty good, i'd say. who is with us on this history-making morning? ashley webster, elizabeth mcdonald. todd wohorowitz and michael murphy. stuart: it's an effect, not actually there. this is all about growth, this is my personal opinion as you're waving at me. all about growth.

mike murphy to you first, trump rally based on future growth. >> trump rally. what you're looking at is the market looking forward and what will happen if the companies start to see tax cuts. if you start seeing it, selloff in bonds, where does the money go? is that goes into the stock market this market could get a lot of legs. the momentum is behind the market. that could continue if you win to see selling in the bond market. this is based on trump. >> energy, health care, finance, a big part of the story. liz: look on fire, the small caps, russell is on fire outpacing the s&p 500 by four times. we've got commodities, copper and steel popping since the election. >> everything is up. including oil. liz: infrastructure. stuart: look at oil right now. i believe we're up, about 30, 47, $48 per barrel. we're at $48 per barrel. why, todd horowitz.

$48 per oil, is this because opec may get a production limiting deal soon? >> this may be because of opec, it may be because goldman sachs said that they thought they'd raise their price target and probably want to short oil. this is the last, what we'll probably look at a short squeeze here as the uncertainty what's going to happen in opec, but obviously, we've got so much supply, especially with the new supply we just found and the strength of the dollar that i cannot imagine oil going much higher than here, it's a great short and happy thanksgiving to everybody on fox and staff here. stuart: don't worry, we'll get you back in, todd. [laughter] >> to recap oil at 48, the dow just shy of 19,000 although it did touch it moments ago. 19,004 i think it actually went to. canada says it's going to fully phase out coal power by 2030, details. ashley: yes, 16 years, ekwif lent of 1.3 million cars off

the roadment part of their commitment, they say to meeting greenhouse gas reduction targets. they're going to start levying carbon taxes in 2018 and serious about the war on fossil fuels. for some provinces like alberta, it's going to hurt because-- >> and 000 unchanged peabody. that's the story behind that. ashley: it's exciting. stuart: all right, come into this, because donald trump says, look, he's taking the regulations off energy production in the united states of america and everybody is thinking we'll produce a whole bunch of coal and natural gas and oil. you're shaking your head. >> well, look, the market is just so saturated with supply right now. when you talk to guys in the coal industry, the regulations are coming off. how big of a difference? >> it will help, but prices are what really matter here. you'll see some shakeout in the

coal industry and probably see it become more efficient, the supply isn't going to go up significantly because the market is crowded. stuart: you don't expect to see it go up, but probably down. >> the supply is too big. stuart: you can see a little history there and we are at 18, 993. okay. what's next? all right, having a look at the big board, we've got that and i wanted big name stocks that reported earnings this morning. here we go, campbell's soup delivered an upbeat read for the future. and the stock is up 3%, nearly 4. cracker barrel, first quarter profit, 48 million bucks, up from, i don't know what that is. that keeps on coming up. have we got a graphics problem? i think we do. okay. yeah, a funny one. . ashley: there you go. stuart: dollar tree, dollar tree reports third quarter

profits more than doubled. it's up nearly 9%. the processed food maker, hormel, they'll never get away from spam. ashley: no, they won't. liz: did you eat that? >> i was brought up on that. and america sent it after the war. i grew up on spam and look at me. [laughter] what's wrong with spam? i don't know. i still like it, i like it fried with a fried egg on top of it, used to. ashley: me, too. stuart: hormel is selling two to smithfield foods, part of the deal and up she goes. barnes & noble, oh, dear, sales were down 4% from last year, still the stock goes up 7%. maybe sales were down less than expected, maybe that's it. all right. let's go to the floor of the new york stock exchange. nicole, what is this with

signet jewelers? nicole: when we say signet jewelers, maybe kay's, jared's. it wasn't as bad as expected. this came off a terrible august number where the stock stank 13% and they slashed the outlook. now they're trying to be more positive despite tough market conditions, positive for the holidays. so the forecast is upbeat and they made it through that whole scandal that maybe the employees were switching out diamonds for cheaper stones, that didn't come to fruition. right? there was no evidence of a systemic effort in any way for that. so, the big picture here, they did all right and i've got a dow 19,000 happening. i'll show you on the next round. stuart: yeah, i'm a cubic zirconia kind of guy. 10 carats of pure zirconia,

check with your insurance. we're a little giddy this morning because the dow is at 19,000 precisely. there you have it. look at amazon working on streaming live pro sports. liz: the heavy hitters, nba, major league baseball, nfl, even possibly soccer, lacrosse and surfing, watch the action with netflix, talking amazon prime, now about 50 million subscribers, netflix 33 million. it's taking it to netflix and the major networks. if amazon can do it for $99 a year, it's a skinny bundle. >> liz, when you look at netflix, this can help netflix and tell you that this is what people want. i think it gives netflix credibility. you zoo he -- you see what amazon is doing, live sports is out there, esports is out there. there's room for amazon prime and netflix.

stuart: and amazon sank below 700 and bounced back to 790, an extraordinary bounce in seven or eight days. >> look at what they're doing, they started out selling books and now transporting things, now they have the media into your home. liz: cars. >> cars, they have web services one of the fastest growing area. stuart: ever seen a company like that? >> they always get in the bottom of the market, going to snatch up surfing and lacrosse and cricket and eat up the chain and 2025 you'll talk nfl games on amazon. stuart: we've got it. liz: pretty cool. stuart: amazon is now 791. retailers are gearing up for big black friday sales, so we hear and the customer stampedes to go along with it. i don't believe this. i absolutely don't believe this. i think that black friday is a thing of the past. look at that, 23% of consumers will actually shop in stores on friday. that's it.

and that's down from 28% last year. i don't think much of black friday. >> technology changed the way that people shop and we consume things. stuart: i'm not going to a store, to a mall. >> it's a bigger picture changing the way we acquire products. i agree with you completely. it's no longer black friday, it's cyber monday and anything leading up to christmas. stuart: i don't think it's any time period. >> it's black november, black september. stuart: todd horowitz what do you want to say? >> it started in july. selling christmas stuff for three months already. there is no more one day. it's putting decorations up before halloween and putting up the christmas. amazon is going to take over the world. stuart: the retailers are up and bricks and mortar guys are up, i think because of trump's growth policy in the future, money flowing again. >> i agree with that and i think that the united states public is spending money. 70% of our economy is the consumer and the consumer is

out there, is spending and wants to buy products. >> the consumers got no money. >>. stuart: the consumers got no money says todd horowitz. >> they got no jobs and no money. remember, andrew melon, right before the 1929 crash. i'm not saying we're going to crash, but the consumer, the average consumer doesn't have any money aren't making any and don't have jobs. stuart: and a happy thanksgiving to your. you. you've got to look at chipotle because of the calorie count on the burrito. >> chicken rice, pork, and beanie beans, and they realized that the burrito couldn't have been just 300 calories. turns out independent analysts say it's about 1050 calories and he and three other customers are bringing a potential class action lawsuit, saying that basically chipotle

just does not accurately or misleads people into their calorie counts. stuart: you know what's going to happen? it's a class action lawsuit and they win, lawyers get the cash, the plaintiffs get a free burrito. ashley: according to the suit it's for all people who bought food at chipotle for four years leading up to the filing of the complaint. stuart: just includes everybody you can possibly think of. ashley: everybody. stuart: a brain trust in silicon valley quietly put together to help president trump, what? connell: people like the ceo of salesforce.com. he is saying about the trump administration, we have a beginner's mind and a sense of optimism for the future and talking about other people catz, oracle president and looking to peter thiel to lead silicon valley out of its basically gloom and doom funk of the trump victory.

>> what do you say, murphy? >> i invest alongside these people, and they're capitalists at heart. they want to grow and get l p's for the venture capital. stuart: you know these? >> yeah, a lot of these we co-invest and-- . >> i didn't realize you're such a big deal. >> we run a venture fund and a lot of smart people leaning very far left in the election and now their capitalistic instincts are going to take over. >> they've seen the light. stuart: okay, thank you, brian brian, todd, michael, you've joined us for 19,000, we appreciate that very much. we're up 39 points, 18, 998, whatever it is, we did hit 19,000 earlier. yes, this is a historic day. i want to bring in steve

cortez. he was with the trump team, a trump advisor and i think you're now separated from the trump team if i'm not mistaken, but, steve, this is the trump growth rally, isn't it? >> it sure is, stuart. i couldn't agree more with what mike murphy was saying. trump will be a president for all americans, including those who didn't vote for him. in silicon valley he didn't get much support outside of peter thiel. it's wonderful that peter thiel is not your cookie cutter american, he's an openly gay man and he supported trump. has had a goal, and reaching out to fellow venture people in silicon valley. i think we're going to surprise them and a lot of our critics because we're going to deliver the growth that this country so badly needs. stuart: that's what the rally on the stock market is all about and the rally on the dollar, it's all about the future prospects for growth in the trump administration. and you can just say that and

leave it at that, can't you? >> amen, i think you can. i would point out the bond market. a lot of your viewers might not watch the bond market closely, but in this case maybe they should. interest rates have really spiked since the election, sometimes that would be a bad thing. i think in this scenario it's a great thing. interest rates have been so low for so long, basically the entire present administration. it tells us that not only stock traders, but bond traders believe that we can and will grow again. once we take the shackles off. the american economy is a runner dying to sprint, but wearing a weighted vest, which is taxes and regulation. once we take that weighted vest off that runner is go to go fast. stuart: we've shown different stocks on the screen, financials, big tech, drug stocks and energy stocks. all across the board, pretty much across the board, markets and stocks individually are going higher. some of the big pharma companies are a little on the down side, not by much.

this is a very broad-based rally. steve, you've got to tell me, why is it the small stocks in the russell 2000 and the wilkshire 5,000, those stocks which have had the best gains. you tell me why. >> i'm glad you asked me. they have by far the best gains, you know why? i think it's america first, it isn't just about foreign policy, it's now about economic policy and the small caps tend to be more domestic. they're not as global as the behemoths that tend to dominate the s&p 500 or the nasdaq so we're seeing the little guy -- i think what we're going to see is growth on main street. it's going to be good for wall street, too, but donald trump isn't focused on wall street, he's focused on main street growth and those small cap stocks in the russell 2000, in the etf, iwm, they tend to be more representative of main street america. what we're seeing is emerging markets not doing so well lately, u.s. domestic names soaring. stuart: mike murphy did not take his microphone off and wishes to chime? >> i was going to say when you

talk about the small caps they're u.s. centric companies and trump wants to bring everything u.s. back first. it's not from overseas where the strong dollar could hurt the companies. these companies could profit what's going on with the trump an administration that's why the huge rally. stuart: a flash from "the washington post," trump will not pursue the case against hillary clinton, according to aides. . liz: the e-mails, the private e-mail server. stuart: can kellyanne conway said that earlier this morning on another network i don't think that has any particular market implications, but it's an item of news. donald trump not pursuing a case against hillary clinton. of course, we'll have more on that as this program progresses. how about the price of oil, up again today, $48 a barrel, thereabouts. just turned negative and down two cents at $48 a barrel.

there's an opec meeting, they're trying to organize a production cut. want to produce less oil so the price goes up. pushing up to $48 a barrel, i'm not sure where it will go from here. last one to you, steve, president-elect trump says in his video, he wants to reduce regulation, he says for every new regulation, two old ones must be eliminated. music to everyone's ears, i suspect, steve cortez? >> yes, and particularly to entrepreneurs. for the first time that we've had records in america, and this is a sad statistic, more businesses are closing than opening in the united states. that's not because we've lost our dynamism or creativity or hustle, i think it's largely because of terrible policy and i'm not sure a lot of folks realize how much regulation presses down even to the lowest level of entrepreneurialism in this country. if we lift off the shackles, i think we're going to see an entrepreneurial boom and will do a tremendous amount not just as a whole, but groups left

behind, but latinos. i spoke on a lot of issues for trump. latinos r likely as other americans to be entrepreneurs. if you take away the regulatory issues, latinos and other americans are going to thrive as entrepreneurs. stuart: thank you, steve cortez, for being with us on a historic day. next case, donald trump says nigel farrage should be the ambassador from britain to the united states. here is the tweet. many people would like to see nigel farrage represent great britain as their ambassador to the united states. he would do a great job. that's what trump had to say. what's this all about, ash? it's not going to happen, is it? >> no, can you imagine theresa may having a cup of tea at the downing street and doing the old-- >> what? >> they're not happy about it at all. nigel farage is a thorn in the side of the party. and pushed david cameron to have the brexit referendum in the first place. they don't want any part of him. and some of the media

reporting, cnn, for instance, a startling break with diplomatic protocol, unheard of to do something like this. he was putting it out there. nigel farage for his part, i've known several of the trump team for years and i'm in a position to help. that sounds good to me, but britain has an ambassador put in place last january and he's the currently ambassador, nothing is going to change, but caused a bit of a storm in a tea cup. stuart: oh, we just missed it, back to 19,000. you waffled on that, webster. ashley: i did not. stuart: it was at 19,000. and most of the stocks on the dow are in the green and that means they're up and we're celebrating 19,000 on the dow industrials. the host of the american music awards show issuing an apology for mocking the future first lady. what a shame she didn't do it voluntarily. we'll describe what she's had to say next. ♪

>> ladies and gentlemen, we did make it, dow 19,000, retreated a fraction and now we're very, very close to 19,000 on the dow industrials, never been there before. president-elect trump's spokesperson says mr. trump will, in fact, meet with the new york times. now, wait a minute, i'm trying to work this out. yesterday the meeting was on. this morning it was off. and now it is apparently on. ashley: as you just said, trump spokeswoman hope hicks talking to president off camera today says we're going to the new yorks times today. she said this after a times reporter told her what time the trump charter plane was leaving for florida. so, strange answer to, you know, to that question. however, it appears to be on. stuart: okay. ashley: so we shall see. stuart: she said we are going to the new york times.

does that mean the cavalcade of suv's will head downtown? >> why not? >> i'm not out in the traffic of new york. how about this one, gigi hadid, that's the lady, the model, who impersonated soon to be first lady melania at the am a's, she's issued an apology, after we showed this a lot, much to some viewers chagrin. accused of racism or-- >> she said i removed anything that felt to take the joke too far. and what remained was done with humor and look i've been the subject of comedy skits and i found the humor of it, melania understands show biz. stuart: that's not much of an apology, we've got another story out of trump tower. the official says the new york times is on, we've got more on

that for you and says the prosecution of hillary clinton is off. that's interesting. we'll sort it out. and congressman tim ryan, he wants pelosi out. he wants to be elected house minority leader, he's saying a lot of the things that donald trump said and he's a democrat. he joins us in the next hour and we will be back in two minutes.

>> on this program, we follow politics and money, as we like to say, that's what we do. we think you like it. on the money side, surely, you have to like what you've been seeing. following donald trump's huge political upset, your money has done very well indeed. stocks straight up. every barometer of stock market performance has gone to record levels and the u.s. dollar, straight up. everywhere in the world, your buck goes further and buys more than it has done in the last decade.

king dollar has returned. why is this happening? the experts said there'd be a crash or at least a nasty selloff. well, it's all about growth. that's what donald trump is aiming for, a 4% expansion or better. he plans big tax cuts, cheap american energy and, yes, big government spending on infrastructure and the military. talk about stimulus. and investors are buying it. but there's more to it than just dollars and cents. i think there's also been a mood shift, from the negative can tankerous, we can't do that, to the 100 day approach. here comes action on energy, regulation, abuse, lobbyists and trade. and you know he's going to do it all. it's thanksgiving week, this is a uniquely american holiday, apart from the whining left, most of us are going to celebrate. didn't we hope for this kind of change? yes, we did. the second hour of "varney &

company" is about to begin. ♪ let's kick this hour off the way we want to go. we have breaking news on existing home sales for october. liz: it's a solid beat, 5.6 million. up 5.9% year over year, the strongest performance in nearly ten years. the best since february of 2007. month to month, it's up 2%. so existing home sales up strongly at 5.6 million annualized. 5.6. liz: million annualized, existing home sales. 5.6 million annualized. stuart: 5.6 million annualized. the realtors like that. that means 5.6 million homes on an annual basis sold in united states the america, not bad. liz: performance, strongest since february of 2007. stuart: that's good. we'll give them that one. so we're up, a nice move there. more commentary on this in a

moment. five stocks, let's have a look at them. five stocks that got us to 19,000 from the mid 18,000 level just since the election. you're looking at them. march to 19k is the headline. united health, mcdonald's, home depot, boeing, goldman sachs, all of them up today as the dow industrials hit 19,000 just a little earlier this morning. and let's get to the tech stocks, the big names, remember, they were down right after trump was elected two weeks ago, they've bounced back, not all of them. most bounced back a little. apple, netflix, amazon, google, microsoft. all of them up, microsoft dead flat at 80.65. and we're at $48 a barrel this morning, opec is having a production meeting and they may announce a production freeze or maybe a cut very soon and puts the price of crude to $48 per barrel and the dow right there

was at, moments ago, 19,000. what a day. president-elect trump announcing his plan for his first 100 days in office. he did it with a video on youtube, his first few moves include withdrawing from tpp, the pacific trade deal. energy and watch this. >> i've asked my transition team to develop a list of executive actions we can take on day one include the following, i'm going to issue a notification of intent to withdraw from the trans-pacific partnership. i'll kill job restrictions on energy killing, for every one new regulation two old regulations must be eliminated. a plan to protect america's infrastructure from cyber attacks and all other attacks.

and investigate all abuses of visa programs that undercut the american worker. we will impose a five-year ban on executive officials becoming lobbyists. we work together to make america great again for everyone. ashley: wow. stuart: have you ever seen anything like that, a youtube presentation coming at you the voter, the american citizen. the author of "in the arena" is with us now. >> we've never seen anything like it. never seen anything like him. he's doing it on his terms, rather than submitting to the press with insane questions how it's under need. i'm going to take the statement to the american people and the main focus is america first. what do i need to undo to unleash the economy and rein in so many things gotten out of control like visa programs. i thought was a great shot out of the cannon. stuart: the that's a great point. the day after that, the dow

goes to 19,000 and he can do all of the five points, five policy areas he said he was going to do something. >> accomplishable and some is repealing. i saw your face when you talked about executive actions. and a lot of us get our ire up, he's not going to do what obama it, and all presidents, legislate. he's going to do upfront and then go to congress and reince priebus look at-- >> that's how you get rid of obamacare and tax cuts, you have to go through congress. you can't issue an executive order. >> no, but our current president would like to try. this is breaking as we speak. breaking this morning, trump advisor, kelly anne conway says that mr. trump will not push charges against hillary clinton in the e-mail case. that's the case of outreach, isn't it? calming the waters? >> i think so. everyone has been asking him to unite.

that's the word from hamilton and the left is screaming unite, unite. the trial for hillary clinton was november 8th. she lost. the american people don't want the clinton machine. and i think that trump is trying to be magnanimous, she lost. and i don't know, we're a country of laws, not men. i can see where he's coming from. stuart: after the election i went on air and thought she should get a presidential pardon, so you clear the air so we don't have this hanging over us for months and months and months. we've got 2000 messages saying, you're wrong, varney, absolutely wrong. well, now, the president himself, mr. president-elect says, not going to pursue those server charges. >> these are tough charges, does he want to litigate the clintons for the next six months or a year, if i'm a president i'm making that private. stuart: you agree with that? >> it's a tough call. if there's future criminal actions that deserve to be

prosecuted. let's go after them. she's already lost and not in the white house, let's forget about the clintons and rebuild america. stuart: you're all right as i say. and stay there, i've got more for you. you can't just walk off. >> taking orders. stuart: the market, put it up now, put it up now! yes! almost 19,000 precisely. we've got two big stories, first off, liz, huge prime membership growth for amazon. give me the number. prime members. liz: be clear, amazon does not disclose its number, but we've got pretty good wall street analysis saying he's coming in at 49 1/2 million prime members and where is the growth? you're seeing the growth in people buying groceries on-line from amazon, and also, consumeables. that's giving wal-mart and target a run for their money. the growth rate there for amazon five times what wal-mart wal-mart and target are seeing in that area. stuart: almost 50 million prime members who contribute $99 a

year to be prime members. 50 million at $100 a chunk of revenue. the stock is up. and they've announced, they're looking into sports streamlining? streaming. ashley: the rights to carry live games heavy hitters, nba, major league baseball, nfl. what they'd like to do ultimately, create what they call a skinny bundle, it stars like an order at starbucks. but a skinny bundle, a series of on-line live channels, as opposed to traditional tv as people go to cord cutting. if they struck a deal with any sports, even college sports. stuart: what am i hearing about an amazon show, i think it's called "the grand tour", i heard it's a success? >> it's a huge one, like top gear, they've retooled it, debuted this grand tour program.

it's all about cars and driving cars. stuart: that's it. ashley: and apparently, the biggest ever success for amazon series, but again, to lizzie's point they don't provide numbers, we have to take it on faith that the debut was the biggest ever. stuart: so they say it's the biggest ever debut it's the biggest ever and we can't prove otherwise. ashley: exactly. stuart: and the stock is up ladies and gentlemen, awfully close. i want to get back to the existing home sales numbers. we're selling existing homes at annualized basis well over 5 million units per year. jason meester is our real estate guy with ackman real estate, a senior director there. your take on that number, sales of existing homes? >> it's a strong number, but again, i don't want to dwell on one month's numbers. this housing has been fueled by free money. interest rates are way too low. you go into this city, new york city, a ton of new development,

luxury condos, miami, san francisco. there's way overdeveloped and i think we're due for a reset. stuart: a reset, what do you mean? >> the market is going to correct itself. housing prices are going to come down and we will have to see a correction in the marketplace, we've had overdevelopment. stuart: that's interesting, i haven't heard that before. you say there's so much development going on and interest rates are rise here comes a correction, home prices come down. >> land in new york city is not trading the reason because there's too much development. lenders don't want to lend developers because building cond condos, we have an oversupply. what we're going to see in the near-term is a correction. i think we're on brink with the new president trump to refuel the jobs market and have a steady-- >> you're saying initially, maybe a little bit of a pullback because of overdevelopment et cetera, et cetera.

but down the road if trump ales policies produce growth, a solid economy, they might go back up in prices. >> take the regulation away, cut the taxes, create small businesses to flourish, you'll have a healthy housing market. stuart: the mortgage rate, buying a piece of property, the mortgage rate i'm looking at has gone up half a point. >> a significant move. stuart: i'm still buying the house. you're all right. next case, breakings news on donald trump's charitable foundation. e-mack, the story. liz: the trump foundation according to "the washington post",posted its tax return and in it it admits, yes, that it did use-- that basically the trump organization transferred income or assets out of the charity, the trump foundation, for their own use. and you're not allowed to do that that's breaking nonprofit law. he this used nonprofit law to help themselves.

stuart: what's going to happen. liz: nell they'll pay fines or taxes. and they'll pay fines for various clubs that he owns or paying for a portrait of himself, things like that. stuart: he has the foundation, there's money in the trum many foundation. liz: correct. stuart: he takes money out wrongly to use it for purposes other than charitable foundation. . liz: more than a quarter million. stuart: he's done it, pay a tax and penalty on it. liz: that's it. stuart: got it. the next case, the state department warning americans about travel to europe. they say there's an increase risk of terror attack during the holidays. be careful at tourists sites and outdoor events, they say. russia moving weapons choser to the european border, nuclear capable missiles will be stationed permanently in an area close to poland. russian military officials say the missiles could reach the u.k. in 13 minutes. new york city's mayor deblasio going on a rant. threatening to use legal action

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>> big day in history. 53 years ago today. president john f. kennedy assassinated riding in that motorcade in dallas. he was on his way, actually, to make a major speech and there is historical significance in what he was going to say. tax cuts? >> yeah, he was talking about tax cuts leading to the strongest peace time expansion, economic expansion in history. 70 million, a record number of people working at that time and what people fail to remember, how revolutionary kennedy was. at that time they were experiencing a recession every other year, practically and he said, you know what?

we need to lower the tax rates to get people to incentivize to build out their businesses and hire people. you know what happened? watch this, quickly the number, the unemployment rate was more than 5%, nearly cut in half over 3%. kennedy revolutionized it. that was the speech he was going to give in dallas before he was assassinated. he was going to give it, but he was assassinated. stuart: understood. okay of the all right. i'm going to he can ch that big board. now, we're up 50 points and puts us at 19,008 and on the left-hand side of the screen you can see it, a lot of green there, those stocks are up. 19,007 on the dow industrials you've not seen that before. >> melania and younger trump son barron are not moving immediately. they're staying in new york until june, so he can finish school the bernard kerik, a

former new york city police commissioner. >> how do you guard trump tower on fifth avenue when the president-elect and his family are in occupation? >> it's not easy. the good thing that the new york city police department has more resources than any municipal police department in the country working in conjunction with secret service and the other federal agencies, it's going to get done. stuart: it's going to be a massive disruption, isn't it? >> you know what, initially, initially, until they get the policies and protocols down pat, the security protocols. yeah, it will be a little chaotic right now, but once everything is in place, believe me, it's just like when they do the u.n. security council, more than 200 heads of state in the city, it flows pretty smoothly. here, you're talking one head of state, his residence. they'll get it done. stuart: minimum of chaos? >> minimum of chaos. stuart: once it settles down? >> once it settles down. stuart: do you live in the city? >> not anymore.

[laughter] >> okay, i want to bring up mayor bill deblasio mayor of new york city. he's gone on a twitter rant, going against president-elect donald trump. >> he says we will take action, legal action to block any actions that require muslims to register based on their faith. and he goes on, another twitter rant here. we will not trade in neighborhood policing for racial profiling. you used to be the new york city police commissioner, you were the guy on top of the police job at 9/11. what do you make of that? >> first of all, donald trump hasn't said there's going to be a register. so everybody keeps rapping about it and yapping about it and their bottom line, he hasn't said that. so that's number one. number two, i'm all for being against racial profiling, but i am not against criminal profiling, predictive

profiling, preemptive profiling to look for terrorists and there's methods and ways you can do that. it's not racial profiling, but you're looking for bad guys, you know who they are, where they are, who they hang with, where they hang out. you know, it's like when i worked against the cartel back in the '90s, you profiled, but it's criminal profiling, it's not racial profiling. stuart: that's how you do it. now, the mayor says he's going to stay, new york city will stay a sanctuary city. he's joining the mayor of chicago, the mayor of los angeles and saying exactly the same thing, we will protect people from donald trump. that's what he's saying. can't the feds take away a lot of money if he hangs with that idea? >> there's a couple of issues here. one, the new york city police department's job is not to go out and look for illegal immigrants, okay? however, if an illegal immigrant commits a crime, is engaged in criminal conduct, it's their job to make that arrest and the feds can come in and take over and do whatever

they have to do the number one. stuart: but the feds don't come in and take that criminal and-- >> that's as a result of the policies of washington. i am absolutely confident donald trump will change that. bad guys that do bad things that are not citizens don't belong and stay here. shouldn't stay here, get rid of them. stuart: got it, bernard kerik, thanks as always and a great thanksgiving week to you. >> thank you, sir. you, too. stuart: a totally different story. panthers quaerback cam newton holding a thanksgiving feast for 800 children. this is charlotte, north carolina. cam newton threw on an apron and served up the food. how about that? good man. new poll, president-elect donald trump now viewed much more favorably just since the election. details next and he's staying with us. ♪

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>> well, i've got a poll, it's from politico. it takes a look at president trump's favorability. up 9 points. 37 before. >> 46 after. hanging on, he's city with us. are you surprised by that? >> at at all. there was such his teaear -- hysteria what a trump president would mean, he has to give statements how it will unfold.

it's not what hillary clinton said was coming. americans want to be proud of their country and he's attempt to go instill and people are responding. stuart: we want a can-do presidency. not we can't do this or that. pete, thanks for being here. stuart:. >> thanks for having me. stuart: democrat tim ryan is challenging nancy pelosi for her position as house minority leader. tim ryan now accused of sexism because he's challenging nancy pelosi. mr. ryan will be with us moments from now. president-elect donald trump avoiding the media, speaking directly to us all, directly through youtube, you've never seen anything like this before, but you'll see it after this. ♪ oh, yeah life goes on ♪

..

stuart: the bee gees. disco, you are dating yourself. let's look at the big board, 19,000 precisely is where we are. the first thing this morning, look at tech stocks, we are down after trump won the election, they bounced back a little, apple is down 111.

the rest of us, small recovery after big losses. burlington coat factory out with another great quarter, third-quarter earnings, $22 million, stock is up 12%. campbell's make the soup, posting first-quarter profits for $292 million, lower expenses, lower restructuring charges and stocks have gone up 3%. moment ago rudy giuliani spoke to the press as he left trump tower. watch this. >> you can't expect anything. >> i would be always ready but i can't tell you i know of a pending one right now. i have not -- discuss what i am interested in or what the president-elect is thinking and mulling over. that is not fair, not the right way to do it and it is very private and don't mean with

regard to me but everyone else. >> what about the states? >> that is for the president-elect. i will say nothing other than that, my discussion about it. >> in charge of that. >> i didn't see that except a news clip, nor have they talked about it. there is a tradition in american politics that after you win an election you put things behind you and if that is addition he reached it is consistent with historical pattern, things come up, you say a lot of things, bad might happen and you want to put it behind you. to unite the nation. if he made that decision i would be supportive of it and i would also be supportive of continuing the investigation which i think the president elect had a tough choice day. you could go either way.

he made the choice to unite the nation. all those people who didn't vote against him could take another look at him. stuart: that is how you say absolutely nothing when you are in and out of meetings with the president-elect. he did make a brief comment on the question the president-elect would not pursue charges of the investigation against hillary clinton. he said pretty much agrees with that if that is what the president onces. that was rudy giuliani. the next test says he has been accused of sexism because he is challenging congresswoman nancy pelosi for her position as house minority leader. liberal news site think progress tweets this. and obscure mail deserves to replace the most accomplished woman in congress is how sexism

works and it has gone mainstream, headline in the new york post, democratic minority challenger accused of sexism. the man himself is with us, tim ryan, democrat congressman from ohio. right from the get-go your response of being accused of sexism because you are challenging nancy pelosi. >> i think my wife and daughter would think otherwise, this is about results and i love nancy pelosi, she was a mentor of mine. i have the deepest respect for her and she's a historic figure, no question about it but the bottom line is we are at the smallest number of house democrats in 1929.t 68 seats si. my question to my colleagues and anyone in the democratic establishment is how many seats do we have to lose before we decide to make a change, 80 seats, 90 seats? we are in a permanent minority, we are not a national party, we

are a coastal party. we saw ohio, pennsylvania, michigan, wisconsin is almost minnesota collapse for the democrats. we are doing something terribly wrong. all i am saying is i love nancy pelosi but if this was a sports team and the coach keeps losing you have to get another coach. charles: you want to bring the democratic party back to the white working class was that is what you're trying to do. >> i never said white working class. i said working-class people, white, black, brown, gay, straight, man, woman, this is about unifying behind an economic message where people in my congressional districts where i got elected with 70% of the vote understand i talked to them as human beings, american citizens which we tried to slice the selector it up and it has not worked for us. stuart: a lot of democrats have

accused president-elect trump of being a racist or making racist cabinet picks. watch this for a moment, roll tape. >> he is a thin-skinned racist bully. >> not only did he win the election but his elections are rising he crimes, threats of violence. >> the american people would be anxious to hear him say i said terrible things, i apologize. i am not going to be a president leading a racist or sexist or homophobic or islamohphobic administration. >> that says to president-elect trump that he has a responsibility to bring people together, not continue the division and bigotry. stuart: why is it democrats across the board seem to see racism everywhere in the new administration? a lot of people, regular mainstream americans are tired

of being called racists for no real good reason. are you going to bring an end to that? >> donald trump has given a lot of people good cause to have those concerns in his rhetoric during the campaign, it was very hard against mexicans, muslims, minorities of all stripes, religion, blanket statements about religious groups. stuart: what did he say -- racist towards black people? >> stop and frisk proposal, the way he talked about african-americans and their community like every african-american is poor, people are getting shot only in african-american communities. that kind of rhetoric is racist and you can't talk that way because it is not true. there are many middle-class and wealthy african-american this so to lump everybody together like bannon has and flynn has is

wrong and you can't do that in the united states of america. our strength is our diversity and trump has given ample opportunity to criticize him. i will say this, he got elected and i will say this too. many people who voted for donald trump voted for barack obama two times will we saw it in ohio, later in the evening last tuesday, those people want an economic message, working-class people, the average median income in my district for a family is $57,000 a year, two parents working and making less than 30 grand a year. they want someone to talk to their economic interests and these issues distract us from trying to take care of people who need our help and rely on us, and we better get our act together, we will be in a permanent minority for a while. stuart: congressman tim ryan, it will be after thanksgiving for minority leadership in the

house, thanks for being with us, hope you can come back at some point in the future. >> be happy to. stuart: i want to bring in amy holmes on this. you were listening to this. i kind of object, democrats the everybody as racist. it comes up all the time. i object to that. >> a lot of americans do and their objections were heard on november 8th but i have to say it is sounding dangerously reasonable, nancy pelosi better watch out because he laid out the facts, democratic party has been hollowed out by president obama by pursuing a left-wing agenda and not taking the measure of voters in 2010 in the midterm when voters put republicans back in charge of the house coming in 2014 when

they put them back in charge of the united states senate, listening to tim ryan nancy pelosi better watch out and congressional republicans. stuart: i want your reaction to the youtube video, donald trump looks right at the camera, going to do this, this and this, five policy areas, he deals with very quickly, right over the head of the media, straight to the american people. >> i but it was brilliant and wonderful, we might have learned that lesson from the current administration, using social media to speak to the american people, to the american voters and throughout the campaign that donald trump was nothing more than speaking directly to the public through twitter and other ways. stuart: you like trump? >> i like him. stuart: using the first week 2 weeks? >> yes, i like what i see since he has been elected. i give him a lot of credit for hiring kelly and conway in august to turn his campaign around, big admirer of hers and that is another area i don't think donald trump get enough credit, he has been accused of sexism, look who his campaign manager is and who he entrusted

with so much responsibility and put him across the finish line. stuart: diversity of intellectual opinion. not part of different people. >> among his core supporters early in the primaries, something the mainstream media did not report, overlook, donald trump courted supporters in the beginning, more likely than other republicans to support the minimum wage, support government-funded healthcare, support higher taxes on the rich, ideologically very early on his constituency was very diverse. stuart: thanks very much indeed, we appreciate it. on this day in 1990, margaret thatcher was forced to resign as britain's prime minister. she had been in power 11years. remember this? >> after 11 wonderful years, the

united kingdom -- 11 years ago.

stuart: we start at 9:00 sharp every day and if you didn't tune in here's what you missed. trump national security advisor kt mcfarland on trump's plan to drain the swamp. >> we had a swamp of donor class

contributing to politicians to run for office, they become lobbyists themselves and three things, no more lobbyists in my government. if you are a member of government you are not allowed to go ever work for a foreign country and in five years you can't be allowed in society so this is significant. this is drain the swamp stuff.

stuart: president-elect donald trump outlining his plan for his first 100 days in office, he did it by youtube. we have not seen that before. watch this. >> i asked my transition team to develop a list won of actions we can take on day one including the following. i'm going to issue a notification of intent to withdraw from the transpacific partnership. i will cancel job killing restrictions on the production of american energy. for everyone the regulation two old regulations must be eliminated. develop a comprehensive plan to protect america's vital

infrastructure from cyberattacks and all other form of attacks which i will direct that the purpose of labor to investigate all abuses of visa programs that undercut the american worker. we will impose a 5-year ban on executive officials becoming lobbyists, work together to make america great again for everyone. stuart: that was a two minute on youtube straight at it five policy areas, charles kirk is with us from the washington times. i thought that was something different which i have never seen anything like that before. charles: so different and this has been a thing people complained about donald trump from the beginning, all the experts in washington complained, he does everything so differently and the idea of approaching a problem like red tape and all the things that strangle small businesses and big businesses around the country and saying for every new regulation you people come up

with in washington you have to eliminate two of your other beloved regulations and that is the thing that everyone around here whatever come up with, no politician would ever think of something like that and it comes from a different place, comes up with great ideas. stuart: they are saying, they in the media, don't look directly at the media because they will face difficult questions about cognitive interest for himself and business affairs and family affairs. and they question him on that. he jumps on the mend goes to youtube. >> i agree. i want him to fix those questions and answer the questions but the media has no one but themselves to blame for lack of credibility, and lost every ounce of credibility in this election and i don't blame them for going around and that is an unfortunate thing but the

media has no one to blame but themselves and all the nasty things they say and things they get wrong about him and that they focus on, nobody cares about, all of that undermine their credibility and how do you blame a guy? of course he will go around. stuart: i you like me, just intrigued with how different the approach donald trump has to all aspects of governing? not just the youtube video but all kinds of things that are radically different, a real shock to the system? >> it is. if you have been frustrated with washington and the way things have been going for a long time, i certainly have been, obviously a lot of people, what is the definition of insanity? doing things over and over again and expecting a different result, at the very least this is doing something different. it is going to have a different outcome, there are things about it i am sure i am not going like

but who cares? it break the monotony, does something different and good will come out of it. stuart: thank you for all the contribution, we are a success, we appreciate it. happy thanksgiving to you. something completely different. nasty pile up in china, 56 cars all banked into each other on an expressway near beijing, 17 people killed, 37 injured, officials blaming heavy fog, whether it was fog or smog, not sure. the hollywood elite marks milani up trump at the music awards, our viewers were not happy with our coverage of the story, we will get into it in a moment. how about front row seats to the best show in town. and that is why you invest. the best returns aren't just measured in dollars.

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was said by the cast of hamilton and celebrities of the ama awards did you repeatedly play the clip? you just enabled them and seemed to endorse their biased rhetoric by giving them airtime. barbara, publicity is what these people are looking for, please don't give it to them, just ignore them. we put it on the air because i wanted our viewers to see what the elites were saying about the president-elect. ashley: you have to expose them. by the third hour, they make me so angry that i was -- didn't want to hear about it anymore and i do take the point of some of our viewers. stuart: elizabeth is here with a smile on her face. >> they are just human beings. what i'm tired about is politicizing everything, taking umbrage all the time, tedious

orgy of self-righteousness, politicizing the a.m. a is irritating and the long ride if we have to take outrage at everything anybody says. stuart: i should not -- you are included in this -- we should not have put that on the air? liz: you could show it but not all the time. here is the thing. is a sense of victimon the person saying it, and with alternating realities. ashley: not everyone watches all three hour so we have to cater to those at certain times. >> i give an alternate answer. we will be back in a moment.

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stuart: the trump presidency is full of firsts. he presented us with another one last night.

the president-elect took to youtube to present his plan for the first 100 days in office. youtube, instead after press conference and or a grand speech to the elites. that is new. just 2 1/2 minutes to outline five policy areas? we haven't seen that direct unhedged communication in a long, long time. he went straight at you. no media filter. no juvenile journalists trying to look important with their probing questions. no. here's what i'm going to do he tells it straight. ditch the pacific trade deal. write one new regulation and get rid of two. end abuse of the visa system. open up all our energy reserves. no lobbyists, it went on, five different policy areas. it is pretty clear you can't say the man is waffling. and you know, he is going to cut taxes and obamacare. he is going to reveal it. that's coming down the pike. welcome to the can-do, live action presidency. and the third hour of

"varney & company" is about to begin. ♪ ♪ stuart: that is joe cocker, okay? beatles song but it is joe cocker singing it, getting by with a little help of my friends. we're talking about the trump rally. the dow hit 19,000 early this morning. all-time high for the dow jones industrial average, which is up 20 at 18,976. i want to get back to my take, you saw it moments ago, the little editorial at top of the show. president-elect trump i'm calling him the live action president-elect. wealth to america, progress, growth in america in his first 100 days. he will start about doing it. here is what he said. roll it in full. >> whether it's producing steel,

building cars, or curing disease, i want the next generation of production and innovation to happen right here on our great homeland, america. creating wealth and jobs for american workers. stuart: okay, that wasn't in full. that was a chunk of it. steve moore joins us now, trump economic advisor, still with us. now there was no mention in that 2 1/2 minute youtube video, no mention of tax cuts. you know i was going to come after you for this. i take it will happen down the road? >> i knew you were going to hit me on this, stuart. well, look, the things that he outlined are the kinds of things you can do literally the first month in office. some of those things on the regulation you can do literally in the first hours in office. i view the tax plan we can get done in first 100 to 150 days, especially the business tax cut. it is so ripe. and look, there were a lot of other things that he could have added to that list but tax cuts, i don't think he mentioned, did

he mention obamacare? i don't think that he did. stuart: he did not. you need congress for that. >> exactly. stuart: you can't cut taxes and repeal obamacare without going through congress. but is he going to do what ronald reagan did? as i recall, when ronald reagan walked into the white house january of 1981 as it was, first thing he did, he goes down to his ranch in california and a big ceremony he signs the tax cut bill. he has got everybody on his side and he signs it. are we going to get asking similar? >> by the way, just so you know the chronology, the first day in office actually he repealed a lot of carter administration regulations just as trump is going to repeal a lot of obama era regulations. the tax cut that you're talking about, that historic 1981 tax cut which unleashed amazing prosperity, that was signed into law at the reagan ranch, a little history for you here, stuart. at the reagan ranch in santa barbara in august of 1981.

if you ever been to reagan ranch, you ought to go, a great piece of americana. if my math is right, took eight months by the time reagan introduced the bill to get it through congress. you will hear it here first on fox business, we'll beat that we'll sign it before august of 2017. we will get it done by june. stuart: you are working i take it with paul ryan and house on the actual plan itself and how this thing is going to work out? >> yeah. stuart: you're involved in this? >> kevin brady, as you know the ways and means committee chairman, met with him about an hour last beak. i think we're completely on the same page in terms of, first of all their plan is very similar to the one donald trump is promoting. so the differences there can be ironed out literally in two or three days. here so the chronology, stuart. you get tax bill through the house in maybe, you know, 30 days, two or three, four weeks. then you take it to the senate. now as you know, stuart, the senate is the graveyard.

it is graveyard of legislation but we think we can get, you know number of democrats on board, a jobs bill that maybe has some infrastructure spending, cuts business taxes, puts america back to work. that is what americans want. again, you heard it first, june. write this down on calendar, june of 2017 is i believe when he is going to sign that into law. stuart: one more thing -- >> biggest tax cut, biggest tax cut since ronald reagan. stuart: one more thing that i request. i want it backdated to january the 1st of 2017. >> that's a good point. retroactive what normally happens in those situations you make it retroactive when the bill is introduced in congress. that would be probably be middle of january, early february. stuart: i live with that. i can live with that. i would like january the 1st but i can live with what you got. >> that is important, stuart. if you make it retroactive, then the economic activity starts right away, right? stuart: exactly. >> you get an a in economics today, stuart. well-done.

stuart: great stuff. you can come again. we'll see you soon, steve. thank you very much. happ thanksgiving. now let's check that big board. we're 18,984. i got to tell you earlier this morning yes, of course we did cross the 19,000 level. i call this the trump rally. look who is here. the man who said two weeks ago election day itself he said, yep, stocks are going to go up. best buying opportunity for a long time. author of "american mojo, lost and found." peter kernen. >> great to be back with you. stuart: pause and take a victory lap. >> march 6th, 2009, not that long ago. the dow is 6400. look where we have come in that time. now we have for the first time a market energized. they believe that the white house for the first time will be find them. when was the last time you saw a picture of president obama with any business leader?

this is going to be a whole new environment. you can feel it everywhere in the market. stuart: is it going to last? steve moore just told us, look at the chronology. you will get a tax cut, individual and corporate very soon in the new year. maybe backdated to mid-january or february 1st, something like that. it is coming down the pike. will this rally last beyond into the spring? >> i think it will last for a while. roesch the stock market is predictive. they're predicting a lot of this stuff is going to happen. what you're hearing that convincing attitude and convincing plan for growth. and we haven't had that in a very, very long time in washington. stuart: what do you make of the president's taking to youtube with that 2 1/2 minute hit last night? he covered five policy areas and said, i'm going to take action here, here, here and here. i'm going to do this? >> what i loved about it, it was friction free. there was no media interference. there was no buzz. there was no muck on it. it was literally, let me tell

you what i'm going to do. and i'm thrilled that he didn't mention obamacare. i'm thrilled that he didn't mention taxes. he said here are four or five things i can do almost immediately without congress intervening. i can do it now and get the growth started day one. i thought it was fantastic. stuart: what thing i have noticed is, everything has gone up. stocks have gone up. the u.s. dollar has gone straight up. i'm beginning to see some basic commodity prices go up. oil, for example, what do you make of that? >> what i love about that everybody who is watching this television program is doing better today. they're making more money. and i'm not afraid of a strong dollar. i'm not afraid of higher interest rates. those things will help, in time what you want is a robust economy. if the dollar is king, we will be king. we will be the strongest economy in the world. you watch the world will follow us. i think it's a great development. stuart: you saw this coming. you did. you were with us on election night. you were with us on "brexit" night. that's what you said then.

>> honestly we talked about my book. i spent three years doing something gave me unfair advantage that the democratic party did not do. i went out and talked to american people, the middle class all across the nation. anybody listening to them. all i did was count that in my book, this was predictable. stuart: you predicted it. so we want you to stay for the entire hour. >> one in a row. when i don't predict, out. stuart: now, president-elect trump says, wait for it. nigel farage would be a great ambassador from britain to d.c. nigel farage is the guy who led the brits out of the european union. what is this all about? ashley: smiling in front of all that gold. donald trump tweeted this out. many people would like to see nigel farage represent great britain as ambassador to the united states. he would do a great job, exclamation point. as we said earlier, theresa sputtered in her tea at 10 downing street and said what? not going to happen. we already have an ambassador to

the united states, thank you very much. although farage subsequently tweeted out, i could do a good job. i could help. stuart: i wish you do it. we know him quite well on this program. ashley: he was mr. "brexit." donald trump became known as mr. "brexit." stuart: never been to the british embassy. that is another story. one individual stock, let's bring it to you. amazon prime membership is growing big time. and now they're talking about doing some live streaming of sports. is that stock a buy at 788? we'll look into that. donald trump bypasses the media, takes his message directly to youtube. are you surprised? we all know how he feels about the mainstream media, do we not? >> i call them the corrupt, the corrupt media, bad, bad, liars, realizer. i have learned two things during this incredible tour. number one, how great the american people are.

[cheering] and number two, how totally dishonest american media is.

stuart: we're following the comings and goings, moments ago vice president-elect mike pence arrived at trump tower. he will meet today with ben carson and congresswoman cynthia lewis. a lot of comings and goings as you might expect. talk about amazon owned by jeff bezos, he has a big chunk of it obviously. he is in talk with professional and college sports to stream live sporting events. peter keirnen is with us. why is this such a big deal? >> this is a huge deal. this is unclipping, snipping the cable. this is over the airports and other niche opportunities will call a lot of invests into question, for example. for example, why does time warner need to be with at&t? why buy the pipe when you can go

over? a lot of investments people made to tie up the pipe. i think the pipe is the thing of the past. look for airless transfer. stuart: ongoing story is at some point with things like this, or a tablet, you can watch anything, anywhere, anytime. that is what's coming at some point. not there yet. but we're on the road. amazon would take us down that road? >> yes it will. opposite of broadcasting if you will. narrow casting. i get to pick where i want to watch, when i want to watch it. stuart: yeah. >> if you're tied up with all kinds of cable networks and stuff that will lose you flexibility. stuart: package deals. what they would be offering would be skinny, what was it -- liz: bundles. stuart: you get what you want, that's it. >> instead of 4.95 a year and you get everything you don't want, you get to pick, a la carte. stuart: that is why it's a big deal for you, a amazon. now this, president-elect donald trump in a back and forth this morning with "the new york times." yesterday they were going to

meet. then this morning the meeting was off. well, the meeting is back on again. i don't know what this is all about, but jo concha, media reporter at "the hill" has a pretty good idea. i get the impression that donald trump didn't want to meet directly with the media because he knows they would ask him questions about conflict of interests with his own business interests and his family's interests, am i on to something? >> you are on to something very, you should be an investigator if this thing doesn't work out. stuart: big deal? >> kind of is. we're 13 days since he got elected. think of all the businesses donald trump has domestically and internationally. all that toothpaste you ha to put back in the tube. you covered business long enough, not overnight thing. what will you do about this and that, that is work in progress. you can ask him questions but you can't say reasonably, i will have perfect plan going forward and four days i am removed from businesses that i have and all the people replacing me in place. stuart: he is taking himself out

of the media spotlight. no direct questions from the media. you think at some point in the near future he has to say, i'm going to avoid conflicts of interest by doing this, this and this? he has to do that? >> before we takes office. we're 65 days until inauguration. stuart: fair point. >> that's a long time. we've seen it now, stuart, as far as him going directly to the people, as far as youtube is concerned. stuart: that is what i want to talk about. he put out this 2 1/2 minute youtube thing. deals with five policy areas in 2 1/2 minutes, bypasses the media. goes straight to the people. you're the media reporter at "the hill." what do you make of this? >> you avoid editorial speculation and interpretation when you go through youtube direct hely to people without then going through the media, this is what donald trump really means. look, coverage he got during the campaign was historically bad. it was a pile-on like we've never seen. that is not my opinion. data points actually support that. so with "the new york times"

today, he is going back and forth as far as meeting on, meeting off, i think a trust issue as much as anything else. think about it, trump, he did off the record meeting, stuart, in march with "the new york times," one day later the contents of that meeting were leaked to buzzfeed. remember that? during the debate he had to answer that. that was supposed to be off the record. they asked the executive editor of "times," are you going to investigate this this no, we're not pursuing it. you're not pursuing a major leak to another publication. if i were him i wouldn't sit down in off the record meeting it has been proven these things got leaked. the meeting with media executives, no anchors from this network but from others i never sign as many leaks from the iraqi navy. that was supposed to be off the record. stuart: 12:30 eastern time the president-elect will meet with the "new york times," whether off or on. >> it's a mix from what i'm told. we'll see what stays and what goes.

stuart: loopholes right there. joe, thank you very much indeed. i hope you have a very good thanksgiving. >> it will be very fulfilling. stuart: live look at not lower manhattan, midtown manhattan. i know my manhattan, late did is and gentlemen. we're told trump is working 18 hours day. but for thanksgiving he is off to mar-a-lago the estate in florida. this is something mr. trump could decide over the holidays, how about who will be secretary of defense? we're told general james mattis is at the top of the list. >> all i can say is he is the real deal. he is the real deal. thank you, general. >> will he have a place in your administration? >> we're going to see. >> what about -- [inaudible] >> just a brilliant, wonderful, man. what a career.

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liberty stands with you™. liberty mutual insurance. stuart: oh, it's thanksgiving week. isn't it fun, everybody? we hit 19,000 earlier. yes i am calling this the trump rally, up 32 as we speak. the price of oil having no impact on the stock market. we're down 40 cents at 4dollars

a -- $47 a barrel. now this. president trump working on picks until his departure to florida. he is going to mar-a-lago in florida. connell mcshane is standing outside. he has become a statue. i want to know when leaves for florida, go. reporter: your wish is my command, stuart. three people highlighting "new york times" that you and joe concha were talking about a few minutes ago. two of them, vice president-elect are supposed to talk about the transition. they have had 60 some meetings so far. ben carson is also an interesting meeting to highlight today. remember it wasn't long ago dr. carson eliminated his name for job within the administration. the question is, is he back on? we don't know. congresswoman sinned yaw lummis the -- cynthia lummis the republican out of wyoming. the meeting with the times. then it is off to florida, we're

told the president-elect will wrap things up later this afternoon at trump tower and head out sometime after 4:00 p.m. eastern to make the trip down to palm beach. the one thing i would say about the trip to mar-a-lago, we've been told by administration officials not to expect any big announcements over the holidays. if we get anything today, about a cabinet post, not that we know about anything imminent if we don't get something today, we will have to wait until after the holiday. stuart: that is interesting. a genuine holiday sayscation for the president-elect. >> sounds like it. stuart: connell mcshane. we'll check with you soon. trump rally rolls on. we're at 18,987. we hit 19,000 earlier. some stocks are not doing well after the election of donald trump, specifically gun stocks. we'll tell you how much they're down and one of the reasons as to why those stocks are down. we will be back.

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19,000. where's the price of gold, it dropped $100 after the election of donald trump. and a lack of diversity, and a cabinet should be made of a diversity of ideas. you don't care what people look like or what gender they are, what you care about is intellectual diversity. donald trump hits the mark on the criteria. >> people like american, it is insulting, because kelly and conway, the first female, they don't have her any credit, nikki haley is being considered for

secretary of state, she's not getting credit and, donald - they are criticizing because they don't like the type of diversity they are seeing. and who is qualified for the job. >> >> i don't care how you used to go it in the past, and you don't have different colored faces and genders in my cabinet. it is different, isn't it? >> it is different but it is important to point out the democrats won't be doing things differently in terms of the way they want to do things, each president wins an election with donald trump having control of the house and senate, he has the control here so democrats are doing everything they can to criticize him and don't have a lot of room to work with, we see some democrats working with him, donald trump talked about

working with chuck schumer but democrats wouldn't be doing things the republican way either. they are looking at things to complain about because they are not quite over hillary clinton's loss. stuart: i think of you as a defender of the second amendment. i will show you a couple starts. smith and wesson, in the year leading up to the election. 61%, 27%, the year leading up to the election. mister trump won and smith & wesson is down 15% since the election. the thought here is gun sales will slow down with a trump victory. are you buying that? >> people were purchasing gun stocks, firearms in the lead up to the election, not sure who was going to win and hillary clinton won one of the most and i can candidate in a long time but now that donald trump has won we are seeing a short-term

downgrade in stocks and a short-term lacks in people buying firearms and we have seen in the month of october a record number of background checks which means more people are buying firearms and as we go forward if mister trump does pass tax reform, people by firearms. and a trump election was very good for all the gun companies and short-term, people looking for a breather, and anti-gun legislation that threatens our business, we don't have this. stuart: two weeks after election day, are you a happy camper, do you like what they see so far. >> the country feels good, we are seeing people are coming together, democrats and republicans, and throughout the election process is over for now. everyone is ready to come

together, have some time together, venturing into a new year with a new president. we have problems in the future for sure. >> peter curran, >> if you go back to thanksgiving of 2011, smith and wesson was trading at $3. it was up 1000%. the stock it has gone from 3 to 30. and 1000% growth has changed. and here or cheaper. that is what i think. >> next story, according to

reports president-elect trump, is considering four star marine corps general james matus as his secretary of defense. what do you like about it. >> a first-rate choice. and, someone fossil, studious, a straight shooter, and most importantly, he is conversing with the global security challenges facing the united states, particularly in light of the fact that we had a major american leadership failing these eight years and the world is a much more dangerous place. general matus knows what the united states needs and what the

world leads is strong american leadership. he will be part of that leadership team advising the president of the united states. stuart: if he is elected as defense secretary, we can't comment on that. >> don't know if it is slightly or not but i trust what i am reading, he is the leading candidate. stuart: mister trump, a large scale buildup. and he is paying for it. >> the most expensive department, in the federal executive branch. we need to also be so superior that our adversaries don't want to challenge it.

we have to go back and rebuild and repair it. there are two places to pay for this. one is on the backs of taxpayers, that is one way to pay for it. and inside the defense department. i believe strongly the number 2 man in the defense department should be a ceo, a fortune 500 company involved in a turnaround for multiple turnarounds, and why am i saying that. and for 70 years, and we are the best in the world. when it comes to business, and and there are so many things that are businesslike, we need that expertise to find that

money. >> of you suggested that to president-elect trump. >> i don't want to talk about what i suggested. understand this. all my thoughts and ideas we had an opportunity to exchange on a number of things. i also think the comptroller who is a federal budget guy who understands the federal budget process, we need a chai financial officer who understands how to contain costs, internal control measures, financial reviews on a regular basis and that brings somebody with businesslike experience to make the pentagon in decisionmaking more rapidly like a business, but to keep costs down and hold people accountable for cross management. stuart: thanks for joining us, have a great thanksgiving, appreciate you being here.

thank you. peter kiernan with us. i saw you nodding vigorously at the idea of a chief financial officer, business guy, fortune 500 guy organized the defense department. >> i like it very much, with great privilege and honor under the foundation, we are sitting here with a name that is half as many ships as we had during ronald reagan, half as many and the quantity of ships equals presence. we need to rebuild the navy, we are woefully behind in the challenge we are trying eat particularly with the asia sphere. the only way to her that money is to run the defense department like a real business. we are stealing ourselves, i hope everybody watching for a major investment from 600 ships to about 300, we cannot maintain the kind of presence we need as a navy with that kind of weaponry. >> when you combine spending with huge tax cuts, an enormous injection of money into the economy, government side,

private enterprise side. >> it will make the economy for. we will have -- goes straight up. not for like it hurts. stuart: thank you very much, more from you in a second. thanksgiving week, last friday, supposed to be that. according to one report, not that many people will go into the brick and mortar stores friday. here is a question, think of the past? donald trump's advisor kelly and conway says his administration will not pursue charges against hillary clinton on her email scandal opposite of what he said on the campaign trail. do you remember this? >> a crooked one. crooked hillary said donald trump's finger on the button. crooked hillary, don't you understand that? crooked hillary, we are going to win. hey gary, what'd you got here? this bad boy is a mobile trading desk so that i can take my trading platform wherever i go.

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nicole: i'm nicole pedallides with your foxbusiness brief, we are down 19,000. and the dow off of the highs of the day, 14 points in 18,970, the is and people back, the nasdaq down fractionally. the dow hit 19,000 and several names to help us along the way. and percentage terms, verizon, walmart and home depot and united health, some of the

leaders, earnings season, and holiday, friday finishing at 1:00 p.m. surging on earnings including burlington coat factory, better than expected same-store sales, chico's earnings per share and dollar trade, and dr pepper, a winner as well, starting at 5:00 am.

>> i asked my transition team to build a list of won of actions we can take on day one, these include the following. we. and notification of intent to withdraw from the transpacific partnership. i will cancel job killing restrictions on the production of american energy for everyone new regulation, two old regulations must be eliminated. develop a comprehensive plan to protect america's vital infrastructure from cyberattacks and all other form of attacks. i will direct the permit of labor to investigate all visa programs that undercut the american worker. we will impose

21/2 minutes on you but tube, five policy areas. what say you? >> most of it sounds good to me but the business about free-trade, i understand the anti-free trade populism but it is bad economics. milton friedman is one of ronald reagan's top economic advisers, discriminates against cheap prices. milton and paul krugman the anti-republican economist of the new york times got his nobel prize for the benefits of free trade. even he said bernie sanders, a position on free-trade to donald trump is a demagogue on the issue. america's benefit for free trade, the cost outweigh the

liabilities. and he can drive his hummer through. the problem is not lobbyists but the size of government but if you want to reduce the size, scope and influence of lobbyists reduce the size and scope of government which donald trump doesn't appear to be doing. stuart: we like you for your clean-cut opinions, we know exactly where you stand. earlier today trump advisor kelly and conway told the media mister trump will not pursue charges against hillary clinton. what do you make of that? >> if i were hillary i would not sleepy the, donald trump is crafty and might be giving her head think so his administratio pardon her. if obama is gone and trump is heading up the dod there could be investigations against her. i would still be worried. if i were barack obama i would be considering a pardon. stuart: do you think she should be pardoned, do you want to see

an ongoing series of investigations, probes and special prosecutors or enough already, walk away from it? you can't let her walk away from the fact that she violated the espionage act and for the country at risk. on the other hand, politically costly for donald trump to go through all this. how about an investigation, charges and at the appropriate time donald trump can pardon her. stuart: i have one more for you. there is a context in the house of representatives for the new minority leadership, nancy pelosi currently the leader being challenged by tim ryan, ohio democrat. he seems to want to take the party away from being a coastal elite and you have the east coast/west coast elite from the party, he wants to go toward working people. you would approve of that? >> i would. that is why theyost, they lost because anybody who disagreed with them was considered to be a racist and a homophobe and the

enough rope, what have you, they forgot the working-class which is why donald trump took states like wisconsin and pennsylvania. if i were the democratic party i would have some real soul-searching and lose nancy pelosi yesterday. stuart: have you had a good time living in california the last two weeks or have you had a hard time? >> it has been rough. i saw a report about how much debt we are in because of unfunded pension liability, not a single republican as i mentioned to you before elected to the state nationwide statewide, not one office and getting worse and how the country goes, we need to get our fiscal house in order, he hasn't talked about entitlement reform or social security or medicare and medicaid and you can't be serious about doing something about the major entitlement programs. stuart: have they been nice to yoin california or have they

been nasty to you? >> people i still hung over, still can't figure out what is going on, walking around like night of the living dead, quite fascinating and wonderful to watch. stuart: you are having fun. we like you, thanks for joining us, see you again soon. back to your money, we hit 19,000 earlier this morning. i am calling this the trump rally. paul krugman, liberal economist, get ready for the most corrupt administration in us history, we will tell you what he had to say in just a moment. there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find

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than 8,000 walgreens nationwide. call unitedhealthcare today to learn more about your prescription drug options and find the plan that's right for you. ♪ stuart: the economist paul krugman has been on a twitter rant attacking the president-elect and warning of, quote, unprecedented corruption. we are about to enter or may have already entered an era of corrupt governance unprecedented in us history. he is getting a conflict of interest between donald trump and his business empire, a running the country. >> it is a little right and a lot wrong, it is right the donald trump has to clean up a conflict of interest

particularly having seen the clinton and obama administrations, we need to have a pristine approach. where he is wrong is there is no way we can build the infrastructure we need to build on the backs of government, we have to bring in commerce, we have to bring in the companies and if you do that, and we are taxing ourselves to death. the commercial and government joint venture. he is an economist and the rest made things happen. stuart: i have to ask about black friday this coming friday. i have a report from bank rate, only 23% of us, one in five plan to actually shop on black friday in a brick and mortar store, 28% a couple years ago, my idea is there is no such thing as black

friday any longer at the malls. >> black friday is no longer the new black. if it was a stock i would ensure it. i don't think people will continue to go to the stores when the same bargains are available today and tomorrow and a month from tomorrow online. black friday, save yourself the parking and agony, door busters are busted. stuart: it is online shopping taking its place because it is so easy. even i can do it. seriously, why go through all the hassle in the malls? shoveling around. >> when was the last time you have done fat? >> went shopping? my daughter dragged me, she gave up, couldn't stand it any longer. i was looking for the door. if you like it, buy it.

>> companies that decide we won't be open on thanksgiving. we have more varney after this.

stuart: it happens every -- getting ahead of myself lose dow industrial did hit 19,000 earlier this morning. we made history. the market is early this tuesday morning. every year you get stories about the cost of a thanksgiving meal. for 10 people it cost less than $50 according to the farm bureau, $49.87. ashley: the american farm bureau, a 16 pound turkey, a gallon of milk, all of that comes up to $49 and 87, food is cheap in america. >> i suspend that on the pumpkin

pie alone. ashley: not bad. that is for real. not the cost of cooking this stuff. that is your thanksgiving story and happy thanksgiving to one and all. it is yours. neil: taking a look at some numbers ahead of thanksgiving that are looking good, stocks hitting a record right from the get-go, they had a tough time staying around that level, cylinder 19,000 but we got above it, the russell is getting a lot of attention going into today, it had 12 sessions in a row of record activity and is giving up a little of that but not much. keep in mind this average which is a good representation of stocks which is close to 11.7% since election day.