wolf. james freeman. morgan ortega. you have five seconds as only other lady here. >> you and i watched the processional for senator mccain. we'll be watching over the weekend, honoring a great man. >> this afternoon at one p.m. stuart, take it away. stuart: good morning, dagen. good morn everyone. we have very positive news on your money. number one the top european trade negotiator is willing to scrap tariffs on all industrial products including cars. that is a trump trade win. number two, profits, the best in six years. that's a trump growth agenda, win. three, a corporate survey finds workers should expect big pay raises in 2019. they have done well this year as well. number four, "the wall street journal" carry as survey that shows worker job satisfaction is the best since 2005. tonight president trump heads to

indiana. he holds a rally in support of republican senate candidate mike braun. he will surely pound the table about prosperity. you may see apposes in the stock market bull run. it won't amount to much. at the opening bell the dow may be down 50, 60 points. we are right at record highs. that is another trump win, isn't it? what the president tweeting about this morning. the news from the financial markets even better than anticipated. for all of you made a fortune in the market, seen your 401(k)s rise beyond wildest expectations is coming. your pension money doing very well. you have got to watch this program, folks. you will never read anything good about america in "the new york times." "varney & company" is about to begin. ♪

stuart: amazon shareholders, watch this, premarket, the stock did hit $2,000 a share. that was just a few minutes ago. it backed off just a fraction. that is landmark $2,000 a share, heading, maybe, probably towards another. that would be a trillion dollar valuation. fox news contributor john layfield is with us this morning. he doubts it gets to 2050. that would be the trillion dollar mark. any doubts? >> absolutely not. it is 974.6 billion, making it to trillion dollars is foregone conclusion. the question is when. the question is not if. stuart: what stops it? we're looking at a chart right now. it's straight up. what stops it? >> short nothing. two segments of amazon. e-commerce. walmart is terrific competitor. i own walmart also. i think they are great competitor. i don't think they slow down

amazon. the cloud business is much faster growing cloud business and much faster growing segment. you have ibm and google. i don't think you slow them down. a year ago i bought amazon. it is up 100%. i thought the valuation was too high. it worries me with a 74 times multiple. that is too rich. if you buy the stock, 20 years from now you will be very happy. stuart: what about news on trade for the european union. they're willing to scrap tariffs on all industrial products including cars with a trade deal with america. that sounds like another win for president trump and definite win for the market, isn't it? >> i think it's a huge win. i think it's a huge win. what happens if they don't? you look at bilateral deal that the president is trying to reach with mexico, by the way out of its purview what the congress allowed him to negotiate. it has to be a trilateral agreement. i think canada comes in. the penalty for not having 75% of the car made in north america

are 40, 45% of workers at $16 an hour is 2.5%. only way you enforce this putting 25% of tariffs on cars that come from outside of north america. that is exactly what the president has warned. so i think the downside, if you get the 25% tariff, the upside, because it takes away potential negative black cloud if you get a deal with the european union which looks like we're going to get. stuart: got it. john stay there. we'll get back to you shortly. i have more questions on the market for you in this current block. stay there, son. joining us on trade, go pac chair, david a developla. i don't hear much from the democrats about possible deal with europeans, mexico, canada. they are very quiet. why? >> that is why republicans have a chance to pick up two or three seats in the senate. americans are working. they have the highest approval of their job in more than a

decade. incomes are up. consumer spending is up. this is a economy putting people in a good mood. if you're democrats you can't talk about good news. if you talk about good news, there is no reason to elect a democrat. stuart: you think the news on trade gives the gop a leg up in what, two or three senate races? why is trade the deciding factor in senate races? >> in states like indiana where mike braun campaigned made it a huge issue the number of jobs had been lost going south of the border. he said i will bring those jobs back. you see deals where the president said mexico we will have a better deal. means more jobs in america. more jobs mean happy people. stuart: looking good for the president. he has to pound the table tonight, doesn't he. >> he does. 67 days, how many we have left he needs to be pounding it. last night we saw the big debate last night in new york between

two gubernatorial candidates. the biggest loser to andrew gillum to winning primary. cynthia nixon may well beat him. if democrats are looking for progressive socialists in florida, they did two days ago, nixon can beat cuomo. stuart: you are talking about a revolution. cynthia nixon beating cuomo in new york state, that is revolution on the left. >> that is where the democrats are. stuart: i want to talk about the president. he is taking aim against google one more time. this is the state of the union address. that is getting in the weeds. the bottom line the president going after very popular, social networks which are used by billions of people. are voters with him when he attacks the googles of this world? >> google has a lot to learn from the "new york times" in only presenting one side of the story. that said, certainly executives and hiring managers have to be aware that programmers have biases. at the same time we live in an

era where we have lots of ways to get our information. no one outlet controls everything. look at charter and comcast. they presented hundreds of channels to americans. when we only used to have three to get our news. certainly something we have to be aware of. but the markets will dictate. ultimately if americans want different sources for their news they will find them. stuart: david avella, a fine fellow, thanks for joining us. >> thank you. stuart: i thought i would slip in that silly line. he suggested it. by just about any measure you got the markets are on fire. as we told you at the top of the show there is new slew of positive economic news. come back in again john, from the beach in bermuda there, how high can we go? the dow just above 26,000. how high are we going? >> i think we're going significantly higher from here. i hate to make a prediction here but we're definitely going higher, i don't think there is

any doubt about that. valuations have come down significantly. seeing forward multiples, compression in those because of earnings growth. about 35 to 40% of the earnings growth is coming because of these tax cuts. the difference between now and 2000, the last bull market, a long bull market ended, internet bust had something to do with that, in 2001 we had 1% gdp. bush tax cuts, we went to 3.5% gdp in 2004 and 2005. that last time we've seen that was 2013. stuart: do you see any dark clouds on the horizon? >> yeah i do. i worry a lot about this trade war. i worry about long term implications of the trade war. people negotiating trade deals around the united states. it seems to be mitigated. the market doesn't seem to be worried about that i'm worried somewhat about inflation. we've seen a lot of commodity inflation. we're seeing oil inflation, energy inflation. i don't think oil prices come

down for some time because of bottleneck in west texas and iranian oil coming off the market potentially in november. those could be black clouds but not significant ones. stuart: for our viewers tuning in, they see futures pointing lower. is this just a brief pause in the bull market? >> in my opinion, absolutely right. i think you're correct. europe has a lot of problems. another debt problem coming up in italy coming up this fall. you have problems in the eu, a slowdown. massive amounts of problems in china right now. the only place to be for return on your money because debt is still so low is united states equity markets. stuart: thank you so much. we'll bringing back at 9:30 when this market opens. thank you, sir. a couple individual stocks to report. look at dick's sporting goods. yesterday they took a big hit sales falling short because of gun policies. let's go to this please. the canadian foreign minister

speaking right now. >> we have intensive work being done by officials who were meeting late into the night last night on a number of issues. i look forward to reviewing that work with ambassador lighthizer. [speaking french] stuart: okay. canadian foreign minister has to speak in french. that is the way things work. what she has just said is they're going to review the talks which they have been holding overnight. i will not read this as positive or negative. simply reporting what the foreign minister just said, chris freeland. they have been talking overnight. do we have anything to add? liz: positive and optimistic. stuart: let's do it again.

>> i will have more to say. thank you. stuart: okay. so she said she would have more to say after she met with mr. lighthizer who is leading america's dell gauges on trade with the canadians at this point. i will not read that positive or negative except to say. ashley: more of the same. stuart: more of the same. talking to face the cameras to report where things are. it is a status report. liz: optimism here on think, i think there is optimism on both sides. the two leaders, mr. trump and mr. trudeau we could get this done, wrapped up by tomorrow. the market still down 6or 70 points that is it what you got. statement by the canada foreign minister. down but not much by the opening bell. good news for nfl. "blue lives matter" working with the new york jets. they will honor police at football games. how about that? starbucks wants to make the frappuccinos he will hi thinker.

cutting down on sugar and calories. did you know that the care medical frappuccino you could buy right now has almost as much sugar than two candy bars. ashley: yes, not surprised. liz h. liz, two mcdonald's hamburger. stuart: it got cheated. no, heated. ashley: and cheated. stuart: new york governor cuomo goes head-to-head with actress cynthia nixon. she wants his i don't know. who came out on their first debate? right now the socialist appears to have won. and liberty mutual won't hold a grudge by raising your rates over one mistake. you hear that, karen? liberty mutual doesn't hold grudges... how mature of them. for drivers with accident forgiveness liberty mutual won't raise their rates because of their first accident. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty ♪

stuart: to the new york governors race. things got shall we say testy between incumbent governor andrew cuomo and challenger actress cynthia nixon. they're both vying for democrat nomination. roll that tape. >> 1965. >> can you stop interrupting. can you stop interrupting? >> can you stop lying? >> yeah. as soon as you do. >> health care is human right.

we can insure all of our people and do it at enormous savings not only to individuals but to employers around the state itself. >> the question, miss nixon couldn't answer is, the projected cost, pick $200 million for the transition. that is more than the current state budget. stuart: i think he meant 200 billion. >> not good with the numbers. right. stuart: the lady who is speaking to my right, former governor, lieutenant governor, betsy ross. betsy mccaughey. did i say betsy ross? >> that's okay. ashley: flag-maker. >> move right on here. the fact is -- stuart, composes himself. the fact is cuomo he will win the race. but disqualified himself as

candidate for the 2020 democratic run. he failed to fend off nixon's jabs at him for having an administration mired in corruption. stuart: yes. >> don't forget two very recent convictions of his top aides for bid rigging and other -- stuart: so he is, he is going to win the election? >> he is going to win. almost no doubt about it. stuart: cynthia nixon dragged him to the left, a long way to the left. cuomo last night was saying i.c.e., they're a bunch of thugs. he said it twice as i recall. she has dragged him and the democrat party way out there to the left. >> oh, that's right. also others like ocasio-cortez. they're all dragging mainstream democrats to the left. the party is unrecognizable at this point. it is moving into socialism. stuart: but they could win? they could win with this message. there is a lot of people who say i want free health care, i want free education.

i want it all given to him. >> politicians who promise more always win over politicians that promise left. stuart: what do you make of california? gavin newsom, promises full health care for all illegals in california. >> that's right. stuart: can he win with that message? >> he may win, but the fact is california residents are not going to win. they will see their tax bill go higher and higher. that means employers and taxpayers are going to leave the state. they're already leaving the state. stuart: opening up a welfare, a welcome sign to anybody in the world who is sick and who can set one foot in california, just one tile, you're there to stay. it is sanctuary state. you have everything as soon as you walk across. >> seeing same thing already, don't forget in new york. newcomers will call them legal or not, have tremendous access to health care, paid for by new york taxpayers.

stuart: what worries me is that we're all saying, they can't win with that, they can't win with that. they might. that is very attractive to a lot of people. >> don't forget in both these states, the bill not only provides insurance for uninsured, that sounds nice. it rips away commercial insurance from everyone who gets it on the job in new york state, for example. 10 million people, mostly union workers, but also high-paid executives will lose their health insurance, find themselves in medicaid-like civil, with everybody else. they worked hard for those gold-plated plans. they're being ripped away from them. that is the message that neither nixon, nor cuomo, nor newsom is willing to admit to the public. the big losers are their solid democratic union constituents. stuart: betsy mccaughey, thank you for joining us. never do that again. that will live on video.

check futures for, check futures, please. we'll be down about 60, 70 points despite pretty good news on trade. ashley: yeah. stuart: charges dropped. a shocking development in the new mexico compound where children were allegedly being trained as terrorists. the judge set three suspects free. we'll tell you what exactly happened in a moment. because my body can still make its own insulin. i take trulicity once a week to activate my body to release its own insulin, like it's supposed to. trulicity is not insulin. it works 24/7. it comes in an easy-to-use pen. and i may even lose a little weight. trulicity is an injection to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. don't use it as the first medicine to treat diabetes, or if you have type 1 diabetes or diabetic ketoacidosis.

don't take trulicity if you or your family have medullary thyroid cancer, you're allergic to trulicity, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have symptoms of a serious allergic reaction, a lump or swelling in your neck or severe stomach pain. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases your low blood sugar risk. common side effects include nausea, diarrhea, vomiting, abdominal pain, and decreased appetite. these can lead to dehydration, which may worsen kidney problems. to help lower my a1c i choose trulicity to activate my within. ask your doctor about once-weekly trulicity. to hused for batteries fromee teexpired oil wells. mgx's new - pilot plant aims to produce lithium-carbonate one hundred times faster than from conventional lithium brine. mgx minerals

stuart: developments at campbell's soup. number one, sales fell short. number two they sell off international and fresh food businesses. the stock is down 3%. look at the retailer guess. stock's way up this morning. better numbers and they have a turnaround program in place that appears to be working. guess up 7%. we got to do this, get to the new mexico compound. charges dropped for three suspects. tell me more. ashley: yeah the three defendants in this case were charged with child neglect. they were taken in after authorities found a new mexico compound where 11 children were found living in filth, malnourished, surrounded by weapons and guns everywhere at the compound, but the three adults accused child neglect have been let go. why? because prosecutors failed to

bring probable cause in the 10-day deadline. the judge in this case was so outraged called prosecutors incompetent. we don't know what is going on. maybe you are overworked. maybe you don't have enough people working in your office. i have no choice. i have to let the defendants go. poor work by the prosecutors, they could go to grand jury to get an indictment that way. two other individuals still in custody because the body of a three-year-old boy was found on this compound. those two individuals still face charges in a separate hearing. stuart: last word, lizzie? liz: i think it is shocking. this story is shocking. stuart: the judge released them. shocking. a prosecutorial misstep to the extreme. ashley: yep. stuart: where are we going when this market opens? thursday morning, four 1/2 minutes to go, we'll open the market down, not much. loss of what, 60, 70 points is no great pullback. a modest pullback we will probably see. back in a moment.

♪ note. stuart: their seconds to go. we'll open this market. we're expecting a very small decline. i say a pause in the bull market run. despite this, we have very good

and very positive news as the backdrop. profits, best in six years. [opening bell rings] movement on trade. europeans say they could drop all tariffs on industrial products sent to america. that is positive development. we're off. we're running. it is 9:30 eastern time. right from the get-go, we're down, that is not much, 29 points, 27 points, 24 points. we're down a tiny fraction, .1 of 1% in the first 30 seconds of business. look at that we're above 2900 on that index, down .2%. five points, but 2900 on the s&p? how about the nasdaq? that is another indicator at record highs. just coming down a fraction from 8100. looking at that!

down 13 points. amazon, 1 999 a share. it was earlier at 2,000. i think it is heading towards a trillion. we'll see about that a little later. dow component apple, another all-time high as of right now. it is the world's most valuable company. it has gone straight up last couple weeks. ashley: up, up and away. stuart: i missed it. i can't believe it. joining us john layfield, david dietze, elizabeth macdonald and ashley webster. i will start with trade. the european says they will drop all tariffs on all industrial products including cars if we get a deal with america. that sounds like a plus to me. david, why did the market open down? >> this is the market where the nasdaq is up 6% this month, 30% year-over-year. we entered a leg of a new bull

market. give us a break. i think this might be healthy here. stuart: it is a modest pause. liz: modest pause. here is the big thing what the eu just said. this is about auto parts and where cars are made. stuart, you could bet china is watching this closely, because a deal with mexico and canada involves making cars here. nearly half of the cars parts have to be made here. cars made in the u.s. or north america. china's workers in the auto sector there may be saying wait a second, are we going to lose business now to this deal? china probably has to step up fast and get a deal going with the white house. stuart: that's interesting. that means big pressure on china. liz: that's correct. right now it is happening. stuart: all right. i want to get back to amazon, where are we now? is it $2,000 a share yet? i'm not sure. oh, 2006. if it gets to 2050, that's the price, then it is worth a

trillion dollars. ashley: right. stuart: i asked you this earlier, john, is it going to get to a trillion dollar valuation, maybe today? >> i don't know about today. i think it possibly could. look at momentum certainly with the stock. i worry about a stock with such a high valuation, 70 times forward multiple. look what amazon is doing. this will be the biggest company in the world for some time, once it gets to the level. it will surpass amazon, not look back. acquisition of soup.com in middle east will compete with walmart around flip card. they are hitting the cloud. they are hitting on all cylinders. i'm worried about valuation. if you worried about valuation a year ago, you missed a doubling in the stock. liz: split and made it cheaper for the little spy to get in, it would hit a trillion fast. stuart: i've been waiting for it to split, back in the day you would split. ashley: get more people. stuart: i haven't heard anything about a plan for a split at this point, anyway.

some of the number crunchers at morgan stanley expect a big dividend increase at microsoft in a couple weeks, they think it is going to get there. microsoft at 112 yesterday. down 30 cents today at 111. will we get a dividend hike? >> we've been getting 1/3 thursday of each september last several years. it will be bigger than normal. why? because of tax cuts. microsoft like tech companies, huge cash hoards overseas, they're incented to bring it back. that will fuel dividend hike. they will show us the money. stuart: just got away with, whatever it was. with no us abouter. dietz, your position quite clearly. [buzzer] liz: delayed buzzer. stuart: to the broader economy, nearly firing on all cylinders. seems like a goldilocks economy in the mid 90s to late 90s.

would you call it that? ashley: not too cold. >> i would. key measure is inflation. jay powell told us last friday at jackson hole. if inflation picks up, they have to start cranking up interest rates. i think that would be number one thing that could put the brakes on this economy. stuart: john layfield, goldilocks economy, would you go along with that characterization? >> i agree completely. i agree with david, inflation is one worry. it seems to be depressed. you will not raise rates significantly. who ever the president was at this time, mr. trump or mrs. clinton you would face a rising rate environment. we're finally starting to see wage growth and starting to sigh personal spending. i think that is the effect of tax cuts. stuart: five minutes into the trading session, for the benefit of our radio listeners, we're down 56 points. the dow stands at 26,068. look at sales force.

they gave a not so rosy forecast. that usually means the stock goes down the trying to get that up. let's see where we are. there you go, sales force down 2%. got that one. how about campbell's soup. sales fell short. they're getting rid of the fresh food division. international division. i smell trouble at campbell's soup. there is abercrombie & fitch, weaker sales, down 12% at abercrombie & fitch. look at dollar general, all these retailers coming in here. they gave a weak profit forecast. their sales fell short. dollar tree is down just a fraction, just 10 cents down. so that is dollar general. dollar tree, get it right, that is down 7%. burlington store, another problem with sales there. they are down nearly 1 1/2%, two bucks down. going the other way entirely, retailer guess up this morning. they have a turnaround program in progress.

apparently it is going well. the stock is up 14%. so we have got a mixed picture here from the retailers this morning. looks to me if you survived the ice age, you might do quite well, if you have an online presence. >> absolutely. you had to take a page out of the amazon playbook and develop your online platform, combine that with stores, freshen them up. work on the logistics. walmart, jets.com, target shift, those are survivors. that's what you have to do. >> a story i really don't like, i have no interest in but anyway, starbucks is cutting the sugar in its frappuccino drinks. okay. tell me more. liz: here is why. ashley: story of the day. liz: make up 1/7 of starbuck's sales. frappuccinos do. they're worried about the fall-off in afternoon coffee sales. here is the thing, stuart. they're not reducing the calorie count. caramel frappuccino is

490 calories, equal to two snickers bars or two plusket tears or mcdonald's hamburgers. lowering 50-calories. that's it. stuart: you kidding me? liz: same calories as two paydays. stuart: is this same as pumpkin latte? ashley: no, it is not. liz: high sugar. stuart: frappuccino is high sugar. liz: where have you been? stuart: obviously not in the current century. president trump went after google and other social media companies. john, we'll put some of the attack lines on the screen. this is an attack line but doesn't seem to affect those stocks very much. >> i think what the president has done in the past. he went after the post office. went after amazon because of personal vendetta. certainly appears against mr. bezos. you're seeing a personal vendetta against big tech companies. there is not follow through in the past like the president like european union did like tech companies. that is why the stocks have not moved. stuart: alphabet is down a

quarter of 1%. apple bought a company that makes lenses for those augmented reality correctly. apple glasses. are we going to see apple glasses arrive on the scene? >> possibly but i can also see the technology being used for the next edition of iphones. you could somehow put it on the camera lens. somehow overlay digital information on the pictures you're taking or videos you're taking that could be very interesting. ashley: seems like we've been talking about this stuff a long time. it just hasn't caught on. oculus riff and all that. why is it more mainstream now than they all thought it would be? stuart: wearables would be -- ashley: remember google glasses. liz: apple watch is not that good-looking. it looks like a figure newton bar on your -- fig newton bar on your wrist. stuart: you have been waiting for that line all day. liz: i am not, i am not. i practice it just for you. stuart: these googles, they will

not be big wraparound things, are they? ashley: like ski glasses? >> this is interesting. microsoft has a division or subsidiary does this. they're only for indoor wear. much apparently do it for outdoor wear. takes it to the next level. stuart: john, afraid time's up. you can go back to the beach nice and early. thanks for your -- you too, david. you're all right. thank you very much indeed. market come back a little bit. not much. we'll be back a little bit. we're down 43 points on a day when we have all kinds of positive news on the economy. positive news on trade. we're coming back. check this out please. a wild scene in the english channel. british and french fishermen get into a big fight, slamming their boats into each other. we'll tell you what it's all about. the brits and french going at it again. ashley: go figure. stuart: we've seen this before. remember trafalgar? shares of dick's sporting goods took a hit after the

company restricted gun sales. we'll talk to a dick's shareholder who confronted the ceo over the new gun policy. it got heated. we'll tell you the story after this. ♪. with tripadvisor, finding your perfect hotel

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used for batteries frome teexpired oil wells. mgx's new - pilot plant aims to produce lithium-carbonate one hundred times faster than from conventional lithium brine. mgx minerals stuart: not much change for stock prices in the very early going this thursday morning. the dow is only down 35 points. earlier today apple and amazon hit all-time record highs. they have retreated a little since then. much apple at 222. amazon 1991. then the clash in the channel. british and french fisherman had a go at it in the english channel. ash, about what? ashley: off the coast of normandy. all about the mighty scallop,

scallop fishing. from october through may french fisherman are allowed to go after the scallop, but brits under their own agreement are allowed to go after it year-round. that really upsets the french. a flotilla of 40 french trawlers went up against a dozen british trawlers. it got ugly. ramming holes into each other. flowing rocks and chain links and one fire work. it got ugly. the brits left the area. that is all right. we'll go back a couple days. this is long running feud that spilled over. french say we're playing by the rules. the brits are saying so are we. stuart: the brits should go tack with reinforcements. ashley: the call out for more boats. liz: you want 100 years war back? >> no i don't. justice in the channel. look what happened to dick's sporting goods.

sales dropped, so did the spock because of recent change in the gun policy can't buy a gun at dick's sporting good if you're under 21, and buy assault rifle. our next guest went to investor meeting a couple months ago to confront executives about the gun policy. david is with us. thanks for coming on the show. i want you to tell us what happened at that shareholder meeting. >> for a long time the corporate left has become the muscle for the political left. and i went to the shareholder meeting for dick's sporting goods to confront them, they made a very political decision to stop selling guns at a chain that is known for hunting accessories. and they were very up happy that i was bringing up the fact that their sales have been down ever since they made the decision to do so in late february. and ever since, they have been losing money. and the ceo, when i cop fronted him about it, he just, he dug in. the company has dug in and

decided that they're going to continue this policy, and i believe it is going to hurt the company and hurt us as shareholders. >> why are you still a shareholder. >> well, we need a voice in the company and if our free enterprise project didn't go to companies like united airlines and bank of america and dick's sporting goods, stood up for the second amendment, no one else would. i was only person who stood up for rights of gun owners and rights of shareholders who support the idea that a sporting goods store should be selling guns. stuart: what was the reaction amongst other shareholders at that meeting and the ceo, you were confronting these folks? what was their reaction? >> well the unfortunate thing about some of these shareholders meetings very few people go. that is another reason a group like free enterprise project is important, to go to represent people, to make sure the board, that the management, other shareholders understand. so, it is good that we were there to make sure that opinion got across. but as far as the management,

like i said, they dug their heels in. this is political decision, straight from the top and, the ceo, ed stack, very nice guy, but he dug his heels in and there is no way that this chain is going to get out of it. unfortunately they will have to ride this down because they have had, three earnings calls where they said this hurt their business. but they're not going to make any waves changing it. it is up to people like us to make sure that they understand that there is a political cost to this, from conservatives, from second amendment advocates, that this store can't be a political tool. it should be a tool for consumers. stuart: just out of interest, david, what do you make of the social networks who i believe are screening out conservative opinion and the president has called them on it? what do you make of the social networks? they're doing in a way, i think, what dick's sporting goods did with guns?

>> exactly. we have been there too. the free enterprise project have been at google meeting, the facebook meeting, amazon, high-tech meeting, apple, brought these issues up. as you have seen this week facebook, which told us that there was no bias at their company, zuckerberg was silent but his other people are saying it, now it is being clear there is a very intimidating liberal climate there. and i think you're sighing a lot of people ditching social media because they're not getting what they want. it is up to someone to come along. if they can offer a different product, i think consumers, especially conservatives will flock there. stuart: tough to get a different product that competes with facebook with two billion users. >> sure. stuart: david, we're on the same page. thanks very much for joining us we do appreciate night thank you. stuart: by the way we reached out to dick's for a statement. they have not responded to us as yet. got it. check the dow 30, we're coming back all right. we still have more red on the board than green. there is more losers than

winners. the dow at this moment is only down 24 points. we're at 26,100. new york jets bucking the antipolice trend in the nfl. they will work with a pro-police group to honor our law enforcement officers. we're talking to the head of "blue lives matter," new york city, next.

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stuart: well, a big pay day. no, it's a huge pay day for the packers quarterback, aaron rodgers the tell me how much? liz: 134 million over four years. 103 million is guaranteed. it can go up to 180 million if he does things like becomes mvp, gets the team into the super bowl or playoffs. this is a whopping big pay package for aaron rodgers, two-time mvp. stuart: i do not know much about football, if you guarranty $103 million, no matter what happens, he could be injured on first minute of play. liz: that's correct. stuart: he still gets 103. liz: he gets is. ashley: highest paid in the league. liz: i'm glad we're talking about football, not soccer. stuart: nfl regular season

starts next week. blew lives matter teaming up with the new york jets. joining us is joe from blue lives matter new york. >> thank you very much. stuart: you teamed up with the new york jets. what are you going to do? >> like italians do we broke bread over dinner with one of new york jets affiliates. a lot of things people didn't bring to light was mlb. san francisco is only bull park that stops selling concessions during the national anthem. we proposed possibly all the stadiums do that, respect the flags like players have to. if you look other than opening day, all-star game, world series, not all the players are on the field for national anthem. they're in the clubhouses getting ready for the game. in order to protect players first amendment rights which that flag gives them they have option to get ready for the game don't want to go on the field to stand for the flag. all players on field stands respectfullily. anyone on the field that does

kneel will be fined or suspended. stuart: give them the choice to respect the flag publicly or not? >> i'm okay with that. you know, the other side is seeing our point. maybe on their own they will do it and stand. start to use out outlets on off clock on tv or newspapers. other thing, mlb, jackie robinson, number 42, do it once a year. other nfl teams do first responder night. make it more personal, when steve mcdonald passed away year or so ago. the raiders put name back on the jersey. do the first-responders in that area their name or decal to make it more personable. another thing, these neighborhoods, for instance, chicago, even the bronx, maybe us and the jets go to the neighborhoods, fix up baseball fields, baseball fieldses, basketball courts. they don't have anywhere to go after school. you know what they do? they hang out with knuckleheads and cops get called. if we stop the incidents start doing positive things maybe we could have better outlook and

start working together. stuart: sounds like you have gone all out for a compromise? >> i hope so. the nfl if you notice in the news, not in one day come to conclusion. they're taking the issue very, very seriously of. they want to correct it. they want fans to come back. they want people to enjoy it. it is tradition for fathers and sons to go to games and tailgate. it is hurting everyone. maybe once and for all we get back to the game of football. stuart: you sat down, broke bread with the new york jets. >> we're working towards it. stuart: thanks for joining us, joe. we wish you well. we would love to see a normal season, wouldn't we? ever play football. >> i wish. stuart: come back and see us when you have a deal, okay? stuart: thank you, joe. far left candidates pushing the democrat party into what i think is uncharted territory. i don't think the socialist agenda is winning strategy. that is my opinion but you will get more of it after this.

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socialism is pulling the democrats apart. far left candidates are pushing toward the center of power and pushing the party into what i think are uncharted waters. california, it is. financial tennessee. can we get that clear? gavin newsom running for governor wants to give full medical care to all illegal immigrants. california is essentially state. if you're anywhere in the world and you manage it 1 foot across the state line, you are home free. tough on taxpayers and businesses, but who cares, the left is on the march. in florida and or gillam is the democrats far left candidate fo for. he was a young guy and supported by another young guy. abolish ice, medicare for all, and of course impeach trump. standard stuff for socialist

but the candidate has made it to the final of the florida governor's race. that's incredible. in new york, cynthia nixon scored a lot of points in her debate with governor, last night. she probably won't win but she is dragged democrats all the way over to the left. she called ice a bunch of thugs. the far left has already won in new jersey. governor murphy has raised taxes in the state which already pays some of the highest taxes in the land. in four major states they are mounting a serious challenge to the old democrat establishment. will this fly with voters? i don't think so. the problem is money for the socialist have not spelled out just how much it's all going to cost. they ought to be honest, tell u us, how much are we going had to pay for you? all the pendant said the democrats win back the house in november.

i'm not so sure about that. do you really want to pick up the tab for these pie-in-the-sky socialist dreamers? the second hour of "varney and company" is about to begin. ♪ ♪ ♪ ♪ >> thursday, mortgage rates, what we got. >> 4.52%. that's down from 4.51% last week. we have been essentially flat for some time throughout the summer for sure. a year ago it was 3.8% but still darned good when you think of a 30 year fixed-rate mortgage. >> had say that's pretty reasonable. let's get back to my take, the editorial you just heard about what i think of the extraordinary gains made by the far left within the democrat party.

i'm to take the other side for a moment pretty my editorial. i said i don't think socialism is a very good electoral strategy, but look at it from the other side. sure there's a lot of people who would love free stuff, education, health, food, you name it. that is a vote winner, isn't it? i'm not so sure that i'm right in saying that socialism is a lousy election strategy. >> it is a lousy election strategy because anyone with common sense will know that someone have to pay for it. if it's free at eight worth anything. education, you need to pay for it make an investment. i remember a time not too long ago, you are insulting them. now they're insulted if you don't call them socialist. is the democratic party being hijacked or are they willing participants in this era of socialism. they believe in the power of the individual.

i don't think people in a buyback, especially when they see the results of the unleashing of the individual and reduction regulation and empowerment. >> you think it is a wholesale takeover of the democrat party? by the far left, it looks like it to me. >> it looks like that's exactly what's happening. if he knows notice, there's all these young folks who have no real acumen in business for their new to politics and this is an extermination that will go very wrong for democrats. where are the democrats of even 20 years ago. where are they of the kennedy era who believed in a conservative principle of not only caring for the individual, but also doing that which the state must do for people. stuart: are you sure that it's a losing strategy? if you're young person and a

politician comes along and says, i'm going to give you free healthcare for the rest of your life. i'm going to give you free education, i'm going to get rid of your college debt. i will give you all of this stuff. you don't think that young people will be motivated by that kind of giveaway? because i do. >> i hope not. the pt barnum is right, there's a sucker born every minute. i happen to believe there's not enough soccer in america and americans are smart in the average american will get it, but you can't ask for stuff that you're not entitled to. you can expect stuff that you're not entitled to. you have to work for things and earn things and achieve things in america. it's not the state giving you the bare minimum, it's you rising to the level of your success. i happen to believe that americans are smart and it cannot point to buy it and although histories against us in the midterms, as far as losing in midterm elections, i

believe that the record of accomplishment. the economy cannot do better and will stay better if republicans remain in congress. >> we will figure it all out in about ten weeks. thanks for joining us. back to the market spread a couple individual stocks are moving. they lowered their forecast. electronic arts, videogame company pushing back the release of the game battlefield five. they lowered their forecast and the stocks are taking it on the chin. as you expect, down 6.8%. apple hit a record high earlier, $223 level, straight up. amazon they did cross the mark , if they get to $2050, that company is worth a trillion

dollars. you say by amazon on any pullback. when was the last time it pullback? >> it doesn't give us many of those chances lately, but i think every time we get adept, the last time it pullback was actually when president trump and jeffrey based those had back and forth and that gave us some reason to buy it. i think there's three great reason to look at amazon. the cloud business is still the number one cloud business over a third of all revenue growing at 49%. it does a hundred billion in prescription revenue. amazon is going after that business for their going after

all retail. they want their technology in every retail store in america. >> i don't know what stopped them but they haven't stopped yet. activision, videogame company, i know you like it, i know you say by it, and you've got some interesting statistics on the rise of e sports and the reason to buy activision. tell us more. >> activision is one of the big players in e sports and gaming in general. this is well over a hundred billion dollar industry already. e sports where we are playing games competitively against each other, where people watch online and people actually knogo into venues to watch their favorite teams compete, this new sport has two things that tell me it's going to keep going. right now there are 79 universities in the u.s. that give partial or full scholarships for e sports

players, and the second one from $700 million to $900 million by the end of this year, they are going to overtake the world wrestling, the wwe in revenue this year. it's an up-and-coming place that you've got to be involved in. >> i was listening carefully to what you said. 79 colleges and universities offer scholarships in full or in part to eat gamers? that's true? >> that is exactly true. there are currently, three months ago there were 81 members of the e sports equivalent of the ncaa and all but two of them offered scholarships, and that number is going to keep growing. it's a way to get people to come to your university, as a

source of pride, it's not going to become as big as regular football, basketball athletics anytime soon, but it is going to grow much faster. stuart: activision, at $75 a share, what does the go to? >> i think over a couple of years, this thing is already doubled, it could double again in two or three years. stuart: thank you for joining us. very interesting. i have a headline from tesla. their hr cheap reportedly on leave of absence. >> unexplained why she left. she is the third hr exec to leave this year. 30 top executives have left over the past two years. they have left stock option packages on the table. i'm just going to the balance sheet. this is structurally insolvent. the shareholder equity is

swamped by off-balance-sheet and on balance sheet debt. this is a company that needs to execute. they need to get cash flow in the door. if these executives are leaving, were talking head of engineering, global sales, the autopilot guy. he's got pull this off. the question is who's in there to help them pull it off. >> yet the stock holds that $300. that's an extraordinary loss of top level executive talent. thank you. stuart: president trump said there is no reason to spend so much money on military drills with south korea. i'm wondering, is there any evidence that north korea is living up to their end of the deal and denuclearize in? i will ask the question to someone who knows the answer. poll after poll shows the democrats are ahead in november by double digits. it is our we have a pollster who said the republicans are closer than you might think in

generic bulls. president trump is taking on big tech. he said there centering conservatives. we will have someone who says that's not true. he said conservatives should actually be thinking social media companies. i'm not sure what to make about what he will make his case. a big star from the new jersey devils will be on the set with me later this hour. me talking hockey. you're watching the second hour of "varney and company". ♪ ♪ ♪ ♪

the department of justice says harvard hurts asian americans in the admissions process. >> this goes back to a lawsuit in 2014. what's going on. it alleges that harvard is limiting the number of

asian-american students and holding them to a higher standard than other applicants. it's well-known that asian-american students have the highest academic and extracurricular ratings of any racial group. this is according to the department of justice, but they say they also have the lowest score at harvard institute and that is a personal rating that measures your personality and it reflects stereotypes of asian-american better life double and lower their chances of admission despite having the highest academic rating. there was a lawsuit in 2014 by students for fair admissions the department of justice has looked into it and agreed and filed what they call a statement of interest today, backing up those claims. it will be interesting to see how harvey response. stuart: it will indeed. check the big board. do check microsoft as well. i have an interest in it, it's

an all-time record high, above $112. share. now this, president trump is making a long statement about north korea and china. i will give you part of it. he says he believes his relationship with kim jong-un is very good and warm one and there is no reason at this time to be spending large amounts of money on joint u.s. south korea wargames. he said it can instantly start those joint exercises again if he so chooses. joining us now is the on hoffman, former cia station chief. he says you can save some money by stopping these proposed exercise, but is this a goodwill gesture as well? >> general mattis said this week that the united states military has no intention of suspending military training exercises with south korea. he also said president trump

good faith gesture after the singapore summit which resulted in canceling military exercises that would've occurred this month is not open-ended. and so while i think the president wants to maintain his personal relationship with kim jong-un, at the same time, i think general mattis is going to hold north korea accountable for the fact that they haven't really taken any steps toward denuclearization. >> you think the military wants to get back to those joint exercises. i will take a retreating step back. >> that's correct, this is the most militarized piece of geography on the planet. the north koreans have about a million troops and thousands of pieces of artillery and rocket launchers aimed at our 30,000 troops in south korea so military exercises are important to maintain a high state of readiness, but on the military calendar, next set of exercises won't happen until next spring. although we've got sometime between now and then to see whether north korea does do what secretary pompeo has sought to gain.

he's made three trips to north korea that they would commit to a timeline for denuclearization and provide us an inventory of their nuclear stockpile. >> we are told that the north koreans are not living up to the terms of the agreement. they're not the nuclear rising in the way that they were supposed too. as a cia guy, can you tell me that is true? are they not doing what they're supposed too. >> that's totally true. past this prologue, they've always got to play out great powers against each other, going back to the days when they played off the soviet union against china, they're seeking maximum economic benefit because their economy is in freefall. they think they can play off the united states and china. we have an issue with china related to trade, we've imposed $16 billion worth of tariffs and maybe there will be 200 billion more and i

think china is helpful they can play out the united states and china against one another, maintain the economic lifeline to the chinese as well as to the south koreans. >> let's see if that works. dan hoffman, thanks for joining us. stuart: i've got breaking news about wells fargo. it looks like they've got another blackeye. >> this comes out of a wall street journal. they are firing or suspending dozens of workers for fake expense accounts. dozens more bank officials are now being investigated for fake expense account involving dinners charged to the bank on bank hours. in other words. [inaudible] one of these places is called square ink caviar. so you can imagine elizabeth warren is probably watching this happen again at wells fargo now. >> in the stock is holding. got it. look at this please.

$50.75. the trump administration is going on offense when it comes to cyber warfare. are they really? have we actually launched an attack on somebody? we will find out later this hour. ♪ ♪ ♪ ♪ ♪ ♪ you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia.

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so you just pay for data -- by the gig or unlimited. saving you hundreds of dollars a year. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. stuart: straight to it, ms. freeland is speaking [speaking in native tongue].

stuart: i'm sorry, just a few minutes ago she was speaking in english. now she picked up french, and i'm sorry, i don't know what she said. we will bring a synopsis of whatever she has said. she appeared about an hour ago and said she was about to brief one of our trade representatives on what they been discussing. they were going to review talks overnight. [speaking in native tongue] the question was in french and i'm terribly sorry, i do not speak french so i cannot translate. i will give you a synopsis, i promise, now she's in english >> there is a lot of goodwill, there is a lot that were trying to do in a short amount of time and were working very intensely. thank you a lot. i will see later today. stuart: a lot of goodwill

okay, that's a positive, the working to get this done in a very short time, because the deadline is tomorrow but that's a relative positive, although they don't have a deal yet. the market was down about 60 points when we went to ms. freeland to listen to her, now it's down 72, 73 points. i guess this market is waiting for something really, really positive penalty what we got it all we've heard about is that it's not looking good for republicans in november. is that true? our next guest says it's a lot closer between the two parties then you might think. he will make his case. president trump says big tech in censoring conservatives. we will talk to someone who said those accusations are unfounded. ♪ ♪ ♪

♪

♪ ♪ ♪ zero dear. this movie -- music is so bad. we will move on. the dow industrials, i think that's pretty close to the session low. we are down 60 points. we are waiting for what might be positive news on canada, u.s. trade. i haven't gotten that news yet. switching years. president trump accusing social media buys of censoring conservative speech. our guest says the accusation of bias are unfounded.

joining us now, michael beckman, go ahead, make your case >> thank you for having me. as a conservative and someone who has been decades in republican politics, this is something i'm attuned to. when you look at the internet and social media, there is not bias against conservative. in fact the opposite is true. conservatives have had a free and open voice on all these platforms and have reached their audiences directly in the president, in particular, has been one of the best people using these platforms to reach his audience and have his voice heard >> we do have some specific examples of people who say they were blocked or they can get their message on. they say they were silenced and they are conservatives. we had a report in the new york times yesterday from a facebook engineer who said it's a firing offense if you say, and that company, all

lives matter. that's a firing offense. if there's any pro trump posters on the wall, they tear them dow down. are all these people lying? is there absolutely no bias or are they just not telling the truth >> and thing it's not accurate. evidence from looking at your own social media feed and in the way individuals have been able to use these platforms and build audiences. when people are accusing social media platforms of bias, it's being done on the platform. as a result of some of these claims, it often helps build your audience and that's why people are doing it. it's also important to look, it's not the business interest at all of these companies to have an approach that favors half the country or has an approach that favors one political ideology over the other. they're open to all viewpoints and frankly it has been very clear over the last few months and few years as conservatives

have used these platforms to get their message out and talk directly to the people >> i don't think we want any bias one way or the other. we want free speech. we want to be allowed to express conservative opinions. the university couldn't get on before they made a big stink about it, they couldn't get on in their conservatives. >> welcome her free speech is core to our democracy and nowhere do you see more free-speech, more transparency and inability to talk directly to people as you do on the internet and on social media. >> what about trending stories? that comes to you on social media, trending stories, i don't see stories from fox news very often. i don't see stories from stewart "varney". i think it depends on what your preferences are, who you like, if you're someone who

has a social media feed filled with conservatives, you will see that. and frankly, it's something where unlike traditional news services where you're stuck with what's on the channel or what's printed in the paper, on the internet and on social media, you can find in search and have your feed, a variety of sources and on the conservative side it's been an area where those viewpoints have flourished >> the next week, some of the top executives at social media companies will be testifying in washington d.c. it will be a very big deal. are you a little worried? >> no, i think it's traffic. jack dorsey is testifying at the energy commerce and i applaud him for doing that and applaud the committee for having him. it's important that someone like him was a founder and ceo of the company can go educate policymakers on how the platforms work because education is necessary. clearly there is a misunderstanding of how the platforms work and having someone like jack dorsey going up on capitol hill to explain and educate people will make us all more important.

stuart: we will follow that hearing. thanks for joining us. we appreciate having you here. stuart: i'm going to segue to politics. i guess we were on that anyway. the latest fox poll shows democrats with an 11-point lead in a generic house ballot. that's if there's a democrat unnamed and republican unnamed go head-to-head. democrats 49, republican 38. that's an 11-point gap, however, listen to this. our next guest says that cap does not exist or at least it's much narrower. did you people bolstered joins us now. so you have a generic poll and use a 44% go for the democrat and 44% go to the republican. how did that happen >> we pull unlikely voters for the expanding universe when they have less likely voters.

we call up a voter list and we ask them if they're likely to vote. if they're not we don't do the interview. so we have 44, 44 and 12% undecided is up for grabs. we see a lot of these that undervalue the presidents rating. we have the same approval rating last month as this month. it was 40 approved, 50 disapproved for those trump voters are actually building up the republicans running for congress. the gop house members, the majority on their own, they their approval disapproval rating is significantly lower and basically 10% of the president that don't approve what the republicans are doing in congress because they haven't done enough to support it >> for the bottom line is, democrats, republicans, the generic poll, neck and neck, is democrats there and support for the president is very, very strong >> he's the one, and the losing until he goes in.

they were losing until the present when an and brought out the trump voters from 2016. that strategy was to bring in new voters. we had 9 million new voters for a record turnout that came out 239 million, came out the midterms to be decided by 80 or 90 million voters, of which they strongly support president. we asked the question for one of our clients, republicans for congress, endorse trump's contract to make the tax cuts permanent would you be more likely to vote for him. all voters, more likely to vote for that member of congress if they support the president's contract to make america great again. so they have a shot. he's picking them up on his shoulders and he can bring them and keep the house >> that's very interesting >> that something completely different.

you are upholstered >> and i did work for president trump >> but you are using only voter registration list, people who actually voted >> yes and we screen up there likely to vote this year. we had a hundred 39 people come out in 2016. typical midterm election was 83 million in 2413. 90million in 2010. it's a matter of getting your base out in the republican base supports this president 90 - 10. so he can motivate them, but they need to support him >> watch tonight in indiana. thank you for joining us >> appreciated. a moment ago we put on your screen, is still there, that is an all-time high for the nasdaq composite. i don't want to digress too much, but back in the late 1990s, the nasdaq reached 5000. then it crashed. many of us never thought would get back there. now, in 2018, that's worth that, 8112. apple is buying a startup company which makes headset lenses for augmented reality. basically that is the lenses

that go into the goggles >> you're absolutely right. this company has 200 patents, what's augmented reality, it's virtually reality on reality. apple is making a bet on the future for glasses where people will be playing games on the iphone or on their ipad or walking around wearing his glasses for the problem that we talked about is the look. the design, whether people wear them >> can you see me wearing them? really? florida, the ultimate swing state. the race is happening there in microcosm for the political date that's taking it all across the country. in a moment we will talk to pam bondi and the state attorney general. that's in our next hour. take a look at this.

that massive balloon is going up in the air this weekend. as you can see, he's wearing a bikini. there's a big story there. were on it. we will cover for you. ♪ ♪ ♪

in the last hour they told us he see nothing that could be real amazons rising stock price. take a listen. >> you got two different segments of amazon. you have e-commerce and a terrific competitor, i own walmart also but i think they will be a great competitor. i don't think they slow down amazon for the cloud business to me is a much faster growing cloud segment. you have ibm, microsoft and google in that, but i don't think you slow them down. i think amazon, look, your go i bought amazon. it's up on 100%. i thought the valuation was too high then. it worries me buying a stock with this multiple of a really

rich valuation, but the momentum of is there. if you buy the stock, 20 years from now you will be very happy.

you are watching the show yesterday, you saw dicks working good took a very big drop because of their sales falling short. they have a new gun policy. it's not come back that much. it's just up 47 cents on dick's sporting goods.

by the way, under armour sales at dick's sporting goods for down. that hurt under armour yesterday. no recovery there. down a little bit more, another ten cents lower. that's the gun story from dick's sporting goods. now this, protesters in london are going to fly a huge balloon near parliament. you gotta tell me what that's about >> this is in response partially to the president trump, donald trump's baby balloon that flew over westminster during his visit to the uk. this may become balloon will fly saturday. in response to donald trump but also a response to the beach body ready add that was put on billboards across london, the london mayor objected to and beyond the added 2016 thing is not appropriate, not in line with muslim beliefs and he said

wanderers in general, people push back and say this is the last and this is how we do advertising. this is the reason he's in a bikini so that's why they're making a double. stuart: that's interesting for them in a switch gears completely product that have been for you written by our next guest, america goes on the cyber offensive. david weinstein is with us now. cyber security policy fellow with the think tank new america. that's the title of your article. america goes on the cyber offensive. tell me, have we actually attacked somebody yet? >> but i'm privy to his public reporting. according to public reporting, the answer is no. i would defer you to testimony of the former director of nfa, mike rogers who, in response that i sadly don't have any additional authorities to respond. the point is >> so neither you nor he can

tell us if we've actually gone on the offense and taken a computer system down in some foreign country >> you think by all accounts >> you think we have? i think by all accounts it's been very conservative >> , no, do you think we have? >> i don't think so. stuart: do you think we should >> i think we need to be more offensive. this new policy, little is known about it but it was described as an offense of step forward. i think it's designed to make sure that we can impose some costs on aggressive players in this space, namely russia, china, iran, north korea. up until this point we've been pretty conservative. i thought about it in the article, this complex between diplomatic intelligence and military interest in the space, and those are legitimate, up until this point we have largely yielded to those intelligence and dramatic interest. i think the time has come to reconsider that and think

about the military objective. stuart: so you think it's time for us to think about seriously hitting someone >> i think it is, but we shouldn't fall into the trap of thinking we can only fight cyber with fiber >> but what i'm interested in, is you want us to go on offense. what exactly does that mean? take down an aggressor of websites? some website in russia or north korea, just take it out, burn it up >> and on the that will do much good. i highlight two major ways in which cyber operatives >> the first is a first strike capability so when paired with conventional assets, ground, air, naval, cyber capabilities can be very effective so we had a big beef with north korea, we send the navy over there and you send in the cyber warriors as well.

the second way of doing it? >> that's in response to an attack. here we want to be careful because we don't want to fall into the trap of fighting cyber with cyber, but from a defensive perspective, if we had indication and warnings that an attack is eminent in that attack is leveraging digital infrastructure, either in the united states or elsewhere, that we should take steps to mitigate the offense [silence] thanks for joining a spread we do appreciate it. i am told he is the best hockey goaltender of all time. now he's moving to a corner office for the devils. he is with me, next. ♪ar ♪ ♪ ♪ ♪ ♪

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sports fans, heads up, a special treat, i have with me today on the that in new york city, the greatest goaltender in hockey history. stanley cup champion, former devils, welcome martin >> and told you are the greatest goaltender in the history of the sport. is that true? >> that's a tough question. look, you really are tremendous >> and one of them. there's a lot of good goalies out there - suffice it to say

that your star and they been lining up to get your autograph all the place. used to play for the devils. now you're running the devils back office. you miss playing? >> i retired three years ago and you miss a bit of the game , but just as they close to a hockey team makes it a lot easier for your retirement >> you're being very nice. you miss being on the ice and winning? you've got to >> that's for sure, you miss winning, but i like getting out of bed and feeling good about myself and not being heard all the time >> is that the case in hockey >> when you get older, they beat you up a little bit. it's a really tough sport. >> i don't know hockey, i don't skate, i probably never will, it's tough >> is a high pace game. the game is played really

physically, guys are there to fight for it and when you do that for 15 or 20 years, your body will feel it >> used to play for the devils, stanley cup champions >> three times >> and now you're running the back office >> i just got the new job in the business part of the game with the devils so that really exciting for a new chapter in my life >> i don't want to be a downer here but tv ratings for hockey are not that strong >> you'll be surprised. hockey is doing well. we had a great stanley cup final this year against the biggest golden nights. that your a lot of attention around the united states and canada >> i put it to that soccer is coming on strong. >> if you really want to get

up really early in the morning >> i can go home when i get home in the afternoon and tune in to premier league english league soccer but i can watch it. it's great stuff >> i spent about 60 days in your blaster and hockey is pretty popular there too. stuart: know what is not [laughter] it's got a great future? >> i think so and i think were just scratching the surface predating the game is getting better and better but i think there's a lot of things that the nhl and the clubs themselves are helping promote these athletes and i think it's going to be, the future is really bright >> it was a pleasure having you on the show. i do hope you can come back soon. you are the greatest, so i am told >> thank you very much. the president trump is heading to indiana. highlighting the success of the trump growth agenda. he's got to do it because if he doesn't talk about the economy, nobody else will.

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stuart: president heads to indiana today. here come as full-on, pound the table rally, highlighting the success of the trump growth agenda. he has a lot to talk about. he needs to talk about it, because the media will dismiss entirely the extraordinary success of his economic policies. how about this? 55 million people have a 401(k). 30 million have an ira. that is your pension money. as mr. trump tweeted this morning, check out what you got. you are going to be happy. because tax cuts lit a fire under the stock market and you are getting the benefit. the economy is growing at a double, at double the rate of the obama years, 4.2% in the last quarter. maybe more in the current quarter. what was that from professor krugman? we're going to crash with trump? what a joke. profits, the best in six years, of course, profit is a dirty

word to the left but how else does a company get money for new factories, new technology, or growth? a survey of top companies said workers can expect big pay raises in 2019. they have done well in 2018 as well. "the wall street journal" reports that the u.s. workers have the highest job satisfaction since 2005. unemployment, the lowest in a generation. and now, very positive news on trade. the top european trade negotiator says they will drop tariffs on all industrial products. that's their offer. now in the ongoing talks with america. yeah, talk about winning. it is the greatest story never told. 10 weeks to the midterms and now is the time for the president to pile on the prosperity news. nobody else is going to do it. the third hour of "varney & company" is about to begin. ♪

stuart: come on in greg valliere , horizon investments chief local strategist. i outlined the state of america's economy. i think it is doing just fine. what do you say? >> i think it may be getting stronger. the atlanta fed, stuart, is up to 4.6% gdp forecast for the third quarter. that is even stronger than the second quarter. so i think you're right. i think the economy is roaring right now. stuart: do you see anything on the horizon that would really slow us down dramatically? >> only two things. number one, should the fed start to get aggressive. i've been saying for about a year, the biggest fear i have the economy could overheat. i think that is a concern at the fed. number two, if we get too euphoric, the great, great stock market guru sir john templeton famously said, bull markets begin with despair, they end with euphoria. if we start to get euphoric i

get a little bit concerned but we're there yet. stuart: i'm building up to euphoria. i don't think most investors are there at this point. they're going along for the ride, and it's a very nice ride. what about with the european union today the chief trade person says they're willing to get rid of tariffs on all industrial products. that would include cars. that sounds wildly optimistic to me? >> what a great story that could be. you and i talked about last few weeks who cried uncle. i think mexico cried uncle. i think canada will cry unhe will can. now looks like western europe will as well. despite the toughness of trump's style a lot of people don't like it, may be producing rut the. stuart: but the tough style is the reason for the good results i would say. >> yeah. stuart: if he stays with the hard-line, the hard negotiating line, so far so good? >> who cries uncle a country growing by 4% or countries like

those in western europe that are barely growing at all? western europe almost has to cry uncle. china is different story. that will take a long time to resolve. stuart: they cannot afford publicly to back off. that would be a huge loss of face. that is something they don't do in asia. it would be a tough road to get something out of china, right? >> i think so but the anxiety over china will probably keep a lid on interest rates. i think the bond market is still worried we could get in a serious trade war with them. i think that will keep rates remarkably moderate. stuart: now your job i believe is to follow economies and markets all around the world. >> right. stuart: am i right in saying all around the world they're getting no dollars and pouring those dollars into america? >> absolutely. the safest of all safe havens. why the 10-year treasury bond yield, despite roaring growth can't get through 3%. i think u.s. continues to be the

number one place to invest. stuart: watch out for euphoria, greg. you're getting awfully euphoric. ashley: steady on. stuart: steady on. calm down, lad. calm down. you have to kwamme down. that is what you're going to do. last word? >> i would just say happy labor day weekend. i would worry a little bit as we get into the fall about political turmoil. talk of a government shutdown. as we tell our clients the main story is the fundamentals, the economic fundamentals are just fabulous. stuart: the worry on the political front is that socialists win. come on, greg, you know where we coming from. mr. val lair, we'll end it before you put your foot into it. thank you very much greg valliere. move on to tesla. a lot of news on tesla, hr chief, the third quit this year. liz: third over last two year. 30 executives.

stuart: 30 executives left last two years. the stock is down to $301 a share. liz: that's correct. stuart: our next guest is very strong critic of elon musk that runs tesla. he put out this headline, opinion, now would be the time for apple to buy tesla and kick musk out of the driver's seat. coauthor of that piece. stuart: jeremy owens, market watch technology editor, san francisco bureau chief to pat. do you have inside knowledge that the rest of us don't have that apple indeed is going to buy tesla? >> i do not. in fact this is an idea been kicked around for years now and you know, it is fanciful, even at this point it is very fanciful. i just see the logic behind it for the first time where we're at. tesla has shown it is not good at things apple is good at. apple has shown it wants to be in the car business. it seems like a perfect marriage for once. it's a question could it get done? i don't believe it is going to but it makes sense.

stuart: do you think musk has to leave tesla, or at least the top job at tesla before either the stock or the company can really get going? >> i think tesla and the board need to plan for an event elon musk departure or not. the sec could ban him from running a public company. if you're the board of tesla you have to plan for what could happen if elon musk not in charge. elon musk set that company up where it can't run without him in charge. you have to as a board, as a company, what's going to happen if elon musk is gone temporarily or permanently? you have to plan for that right now. stuart: you got it. i know you cover technology in general. talk about amazon today because the stock reached over, look at that! $2018 per share as we speak. liz: wow. stuart: in the neighborhood of $30 away being valued as a

trillion dollar company. just keeps on going up. can you see anything on the horizon that would upset amazon's wild stock price rise? >> not really the way they show record profits and other businesses they're getting into. people look at amazon as this e-commerce business they buy their toilet paper from but there are so many other businesses in that especially amazon web services, aws, extremely profitable, and growing fast. they're selling online advertisement. that is a few billion dollars a year. they have subscription. amazon rhyme is a good thing. they have a lot of other businesses, a lot of growth opportunities within those businesses and elsewhere. stuart: by the way with the stock price right where it is now, we are $16 billion away from amazon being worth a trillion dollars. we're awfully close. >> 2050 and some change i believe, stuart. stuart: that's right. 2050 and some change. last question, here's your

chance, do we hit the trillion dollar mark can today? liz: right. >> i don't know. certainly looks like it. it is up 25 bucks. needs to go up 25 bucks or 20 bucks. it was up at 20 it 3 earlier. i didn't think apple would hit it the day it was. it needed to keep going higher. but people doubt. definitely a possibility we'll see it today. would not shock me at all. definitely some point this week as long as it continues this route. ashley: it incredible. stuart: thanks for joining us, area m we'll see you soon. >> thank you, stuart. stuart: i will say this, florida, is the new microcosm for our national political debate. with trump-backed candidates and far left both making inroads in the sunshine state. florida's attorney general, pam bondi next on that story. into. >> as we've been saying, i think the surge in the economy is the biggest news story out there. the mainstream media just not covering it. bret baier joins us later this

hour on that subject too. we have some news on trade, straight from the white house. we just got it. we'll bring news to you next. note ♪.

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stuart: now we're just getting those headlines on trade and blake burman is at the white house. tell us blake, what do you got in. reporter: the european trade commissioner made comments earlier today, supporting the european union position they would be okay with zero tariffs on automobiles. so long as the united states brings their auto tariffs down to zero. level playing field at zero. that was from earlier today. you would think that would be celebrated back here stateside. however i spoke with a senior

diplomatic official who told me that is not the case. and here's why. let me sort of bring you from the the beginning. you remember when president trump started his trade spat with the european union. at that point he threatened auto tariffs on the eu after that the u.n. ambassador to germany, ric grenell stepped in trying to get the germans lowering trade tariffs down to zero. that happened. now i'm told the italians and french are on board as well. that is viewed as step two in this process what maelstrom unveiled today. here is the key thing. step 3, the president does not view this i am told as a stand-alone issue. rather than an issue that needs to be more broadly worked into a bigger trade deal with the european union. industry specific that i was told as well, that need to be brought down to zero. agriculture, steel, aluminum, medical equipment. so, what does that all mean?

is it a good headline of course? is it good movement, i should say that the eu is saying yes, we've got our folks behind this idea of a zero tariff concept for cars? absolutely. but, the president, i am told bus not see it a stand-alone issue. there are other factors to get to that point with autos. as you know stuart, the u.s. and the european union are sort of hammering out details of this framework. they are talking, they are moving forward. it just goes to show the issues and really details involved with all of it, stuart. stuart: good stuff, blake, because the president want as broader agreement on tariffs with europeans. reporter: right. stuart: that is why the market is not rallying despite what looks like a positive headline on car tariffs. we appreciate that, blake. see you soon. reporter: got it. stuart: let's goat to the florida races. gop congressman ron desantis

will face andrew gillum in the mid determines. looks to me like florida is microcosm of country political debate, what is coming up in 2020. come in pam bondi, florida's attorney general. welcome guest back on the show. pam, all eyes are on your state. think you're a microcosm. will you take me on? >> you know, stuart, it, look at that. look what our state has done under the leadership of rick scott. unemployment is at an all-time low. 3.8. the governor has cut taxes over 75 types. he is cutting regulations. and now we have a candidate, ron desantis, who wants in and continue that. a true conservative. he will continue to cut taxes. he will make this a business-friendly environment for our state where everyone succeeds when that happens, versus a self-proclaimed socialist in andrew gillum who bernie sanders is out there

rallying with all these celebrities supporting him, who want free everything. he wants to raise taxes a billion dollars. he wants to make us a socialist tate. look at all the people that have fled to florida from cuba, nicaragua, venezuela, to have a great state that we have now, and such great job opportunities for everyone. stuart: you missed out england. pam, you missed out england. there is very large contingent of brits escaping. >> out of respect for you. stuart: i came 40 years ago. i made it early. are you surprised at the extraordinary inroads the left is making into the democrat party? i'm using andrew gillum, who will go up against ron desantis for the governor's job, are you surprised a man with those policies, those proposals should make it to the final round in the race for the governorship of florida? >> i was. i think everyone was.

gwen graham, daughter of senator bob graham was running. she and phillip levine were the front-runners. bernie sanders stepped into the picture. i think that gave gillum a very big boost. i think when voters come down to it. crime is at one of lowest ever been, 47-year low in our state of the as chief law enforcement officer that is huge in our state. andrew gillum wants to abolish i.c.e. we're a peninsula, all our state, drugs, flowing into our country. we deal with homeland security. i do and i.c.e. all the time. they are protecting our citizens and to say you to come in here, abolish that, raise taxes, all of bernie sanders's platform, young people getting everything free may sound good, when you have a job and family to support, it will not be so good. stuart: give me a forecast. i take i you believe ron desantis wins, governor scott

wins senate raise, hands down? >> i do. i do. bill nelson has been in office over 45 years. rick scott came in as ceo just like president trump did for our country. look what -- all the great things president trump is doing for our country. rick scott has done for our state. our tate is in such a good place right now. ron he desantis wants to continue that the voters will see everything andrew gillum wants to do. when they realize it will affect them, their jobs, their safety, their security, no doubt rick scott and ron desantis. stuart: do something about the algae bloom, pam. it is a real bad scene down there. >> it is. stuart: thank you for being on the show, pam bondi, appreciate it. thanks a lot. look at this, submarines used a 3d concrete printer to build a 500 square foot barracks. the printer finished the job 40

hours. a project like this would normally take five days complete. there are the marines in action on a different kind of front. sailor from wisconsin catching picture of a huge lightning bolt on lake michigan. he used his cell phone and long exposure which has been shared tens of thousands of types online. quite a picture. quantas, australia airline getting ready to launch the longest flight ever, 20 hours, complete with gym and bunk beds. where the flight is heading, where it is from, where it is too. when it is going into service. meantime, that, ladies and gentlemen, is tampa, florida. ♪

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xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. stuart: quantas making plans to launch the longest commercial flight ever. you get some perks on this flight. first of all emac, first tell us where to and from. liz: non-stop, 20 hour flight from sydney to london. if you're going sydney to new york, 18 hours. you get bunk beds, a rom per

room for kids. ashley: for everyone? liz: rom per room for you. boeing, airbus, succeeded developing this plane. it will take you halfway around the world. 2022, talking about a full rollout. stuart: how many miles is that. ashley: 10,552 according to google. my hair would be sticking straight up. liz: you would like the frequent flyer miles. stuart: i would, thank you very much indeed. thank you very much, lizzie. far left candidates making inroads among democrats. it is pushing them into uncharted waters. bret baier coming up on that. i want to know if he thinks socialism will pull the democrats apart. let's see. president trump calling on congress to include work requirements for food stamp recipients. coming up we have someone said this move is good for people, good for the budget. good for the economy. kanye west once again defending the president.

he says trump will do the work to be the greatest president for black voters. we're on that one as well. ♪ copd makes it hard to breathe. so to breathe better, i go with anoro. ♪ go your own way copd tries to say, "go this way." i say, "i'll go my own way, with anoro." ♪ go your own way once-daily anoro contains two medicines called bronchodilators that work together to significantly improve lung function all day and all night. anoro is not for asthma. it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day.

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stuart: now we're at the low of the day, minus 112 points. let me try to explain this when we came in this morning at 9:30. we thought there was a positive trade headline which was the european union is prepared to drop all tariffs on all industrial products. we thought that was a positive. moments ago our own blake burman at the white house told us that in fact the president, he wants a broader agreement, not just cars, not just industrial products. he wants agriculture, he wants medical stuff as well thrown into the no tariff list. that put the market down another 20 or 30 points. it's a negative. ashley: because the eu said we'll not go down to zero on agriculture. immediately they have an issue there. stuart: that is the issue. it is not a positive trade news. it's a negative. the dow is down 100. however our next guest says this market will go much higher. she is here.

melissa armo, the company known as the stock swoosh. great name. you're very bullish. the dow is at 26,000, where is it going? >> we're definitely going to hit 200,727,000. we're not off the high. -- 27,000. the qqq, that is already all-time highs f you look at amazon today, that made new highs today, apple made new highs today. just because we're down a little bit this morning. i don't think it's a crisis. overall i'm very bullish. here is why. institutional money which moves the market in a very big way is back in. it is full on, back in. we rested almost eight months from the february to the drop off up until august until we hit those highs. the way price action works. it rests like took a nap. now it has the energy to move higher. that is how i'm looking at it. stuart: not boring for television. 30 seconds captured bullish

position. you want to come back tomorrow? no people are worried. oh, my gosh it is too late. it is too late. i don't think it is too late at all. if you missed the run-up in 2017, don't miss the next one. stuart: we have awful lot of anxious view years yeah. stuart: probably have a little money on the side. you're telling, doesn't worry, get in there. >> that's right. stuart: put it into stocks? >> be in, sooner better because we'll push higher. another reason i'm bullish on the market, besides the fact institutions are buying. economy looks strong on all cylinders. we had revised gdp number yesterday. corporations they are seeing benefit of the tax savings. nobody really filed full-on 2018, since they took effect. look to 2019 for this to carry through. i think we started year really strong. remember, go back in time. january we made new highs, everything. we end the year just like we started it despite all the tariff tension that created markets resting. we have to get over the hump

with china. after the nafta thing, china is is the next hurdle. that is all i think the markets have to worry about, you don't see any dark clouds on the horizon which could really upset things? into only thing i say if there is some kind of war. always preface that. north korea, is unknown. unknown factors. overall the market is usually leading indicator for the economy. if you bought the market day of at election. if you bought one share, you made $76. you made 30%. the market saw that the trump administration policies -- were going to work, which was tax cuts and rolling back of regulations. remember all the companies like apple, they brought all this cash back into the u.s. repatriating of that money they will invest it. this is why people are starting to spend money. target earnings were good, walmart earnings were good. stuart: would you like to anchor the show? [laughter]. you're projecting very well. but you're really wildly bullish. >> i am, yeah. stuart: i don't think we've had anyone on the show, professional

in the market. >> really. stuart: as bullish as this. they normally couch things in more calm, well we think we might push a little higher. you're saying the exact opposite. we're going up. >> yeah. you agree with me, right? stuart: i don't pass judgment. [laughter] don't look at me. >> bet a dollar. stuart: wait a second. microsoft, right now $112 a share. i own some of it. where is it going? >> i think that could easily see 125. stuart: oh. you got yourself a job for life. >> one more earnings eason. we have one more earning season. look at summer doldrums and they're hitting new highs. stuart: think i we're done. you'll be back, that i can promise. melissa. thank you very much. >> thanks for having me. stuart: now this president trump

urging congress to adopt strict work requirement the for food stamp recipients. horace cooper is with me, national center for public policy research. horace, we read your stuff. you are saying this is just about good for everybody. let me throw this at you, woman at home, single mother, couple of kids, you will impose a work requirement on that person? >> oh, absolutely. we want everybody to get into this market. here's the truth. if people are allowing their skills to atrophy, they are going to miss out on this amazing, great opportunity. what i would say, if you're a mom, and you have got some kids at home, one is, let's talk about getting them into school, or two, why don't we call grandma, call a neighbor, even if we need to, let's go to day-care but what we don't want to do is say to people, this amazing, generational opportunity, you want to miss

out on. every month. stuart: why is it a generational opportunity? is the economy that good? >> oh, yes. this is amazing. we haven't seen this in over 20 years, this kind of boom. the technology boom was remarkable. it was amazing, and then it suddenly became a bust. you got to go back to the reagan years to see this kind of really, really impressive opportunities. when the department of labor tells us that there are now up to three jobs for everyone employed american, now is the time. pick up that skill, learn a good trade, be a bargaining capable person and you are able to get good wages at this time. this is the time. we don't need people to be sitting on the sidelines. we need people to step in.

stuart: here is another guy i think is born for television. now, i want you to listen to what kanye west said about president trump. roll that tape please. >> i feel that he cares about the way black people feel about him, and he would like for black people to like him like they did when he was cool, why the rap songs and all this. >> wwe. >> and he will do the things that are necessary to make that happen. he wants to be the greatest president and he knows that he can't be the greatest president without the acceptance of the black community. stuart: horace, i'm sure you heard that. what do you make of it. >> i think kanye west is on to something. unlike hillary clinton during

the 2016 campaign thought that there were places that she just didn't need to show up, president trump said then and continues to say now, i'm going to go to the places that people say i can't win, and he ended up winning, and he kept saying during the election, i want to talk to black america. and now as president, he has been talking to black america. he has been talking to white america. he has been talking to all-americans because he wants to win big. it is important to him. apparently he flunked racism 101. he wants to lower unemployment for black americans and he has set five separate records? heck, this guy dated a black woman. he has invited people out to his golfing resorts. black, white, and brown. this guy created a tv show that he was trying to get everyone to watch. this is not racism. this is a man who plans to win

big and his plan is, i will make you successful and you will return the favor for me. stuart: i think we'll put horace cooper into the likes trump column. horace, thanks very much for joining us. we appreciate it. thank you very much, sir. >> thank you. stuart: by the way president trump was tweeting about the economy today. i will show it to you now. the news from the financial markets is even better than expected for all of you made a fortune in the markets, seen your 401(k)s rise beyond your wildest expectations more good news is coming. the president will continue pushing that message at a rally in indiana tonight. i say the economy is the greatest story never told. "special report" host bret baier will discuss that idea next. plus, take a look at indianapolis where the president is headed. looks like a nice day to me. ♪

♪ ashley: earlier this hour market watch tech editor jeremy owens told us that tesla should be prepared for life without elon musk. roll tape. >> i think tesla and the board need to plan for eventual elon musk departure whether he is leaving or not. the sec could ban him from

leading a public company. you have to plan for what would happen if we don't have elon musk in charge. elon musk has the is that company up it can't run without him in charge right now. you have got to as a board, as a company, what's going to happen if elon musk is gone, either temporarily or permanently? you have to plan for that right now. ♪ note.

stuart: president trump heads to evansville, indiana. jeff flock already there. do i see people lining up already for the speech? >> oh, boy, no kidding. take a look at this crowd. not only enthusiastic crowd, in addition to large, take a look at the president's speech. there is big crowd. supporting republican for senate here. this is a big state for that. talk about the economy, don't have too much time. i spent time with tony hughes. you say economy is so much better? >> i can tell you right now, i saw jobs when obama was in office, and i saw jobs when trump is in office it is night and day. i couldn't go out in rule communities to get jobs when

obama was president. i can't keep up with the jobs with trump as president. reporter: leave you with a shot of tony's socks. a big trump supporter. stuart: that crowd is enthusiastic, that's for sure. jeff, we'll be back to you later. earlier this week i spoke to larry kudlow, president trump's economic advisor. let's see what he had to say about the economy. >> single biggest news story this year. single biggest news story this year, an economic boom, which most folks thought was impossible. that is the headline story, for the whole country. stuart: that is "special report" host bret baier on the fox news channel. i say it is greatest story every told because most of the media

will not touch it. >> you're not wrong. it doesn't get a lot of traction and headlines in the day-to-day of covering washington. now i will say that the president is somewhat to blame for that. he does churn out his twitter machine every day, that is like a fish hook and a lot of the media takes the hook and it lasts for hours on television. however, he also tweets out about the economy and you know, revising last quarter to 4.2%, looking at what's coming this next month with the repatriation of tax dollars from overseas, i hear critics of this administration saying that the economy is on a sugar high. well, it is pretty high, and you wonder how long it is going to last but it is going pretty good now. stuart: it certainly is, rolling on very nicely i got to say. another one for you, bret. candidates who get the backing of president trump, like for example, congressman ron desantis, in the florida race, they tend to do well.

is that a pattern across the country? >> for the most part it is the case because he brings with him a base feeling good about things and can move needle on these races. there are a couple times where he endorsed candidates they have fallen short. foster friess, for example, in wyoming running for governor came up short. and there is another example. but, for the most part, when president gets behind you on twitter or elsewhere, he does bring with him a lot of support, and i think in some of these states where red tate democrats were up for relech hundred, the president would could be determining factor in places like montana, indiana, nebraska, where he is going tonight. stuart: the far left, neosocialist left if you like, i see them making very serious inroads into the democrat party. i'm not so sure that's a good electoral strategy. i'm not quite sure america is

ready for that level of socialism, yet, but what do you say? >> some states clearly are heading that direction more so. florida, for example, would be a tough state, one would imagine in a general election, to really sell democratic socialism. i think, for a swing state like florida. however, andrew gillum, who won in the governor's primary there on the democratic side, also was, you know, one of hillary clinton's delegates. he is the tallahassee mayor. while endorsed by bernie sanders he is probably going to make a play, a little bit more to the moderate side of the democratic party as he gets the general election. stuart: i know i said this to you before, i think i said it to you every single time you appeared on the program, i have never seen anything like this before. it is exciting, to me, it is absolutely exciting. you're right in the middle of it. >> every day something different. it is like drinking from a fire

hose. it is a lot of fun. stuart: it's a wonderful thing. bret baier, we'll be watching tonight i'm sure. thank for joining us, sir. >> thanks, stuart. stuart: bring you up to speed on the markets. still down about 100 points on the dow industrials. that is because we open the day what we thought was positive news on trade, but, it is turned out to be a slight negative with what the europeans of president trump are now saying. we're down 111 right now. look at dollar general, weak forecast, down it goes. dollar tree, sales falling short, down it goes. dollar tree was down 12%. sales growth again falling short at discounter, that is burlington stores. that stock is down four bucks. home prices in las vegas. rising faster than anywhere else in the country. part of the reason, people are leaving california and heading to sin city. details next. speaking of vegas, time to take a look at conditions there. you can't tell but i will bet

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stuart: did you know this? las vegas is the hottest housing market in the country.

that is when it comes to rising prices. vegas beat seattle, san francisco, denver, los angeles, beat them all. this is according to the case-shiller home price index. bob massi with us. otherwise known as "the property man." he is the host of that program with, it is a great show too. thank you, bob, and maybe you can give me more on this, part of the reason that vegas is so hot in nevada is because people are leaving neighboring california in droves, is that accurate? >> major, yes, major migration from california because of the taxes, all the things you have talked about on your show for several weeks. so yeah, we're getting benefit of that. we have, as we talked about he have, with raiders coming here, the hockey team, i mean everything is going vertical. so you have that. then, what i call, you have eagle buys that i call them in the luxury home area. the places really exploding. stuart: eagle buys, did you say? what is that? >> ego buys.

e-geo. i have a philosophy in luxury homes. building 12 million-dollar home. i want a 20 million-dollar home. just ego buys. they have too much money. god bless them. stuart: wait a minute, gross flaunting of money is in las vegas? are you kidding me? ashley: what? stuart: you think? >> you have to always, by the way, by the way, i always have to laugh when they say sin city, you're broadcasting from new york city. come on, guys. really? stuart: serious question though, bob is, are home prices still going up like a rocket in vegas? >> they are but i have to say there is a little correction going on in the median, 350 to 6,000-dollars homes, stuart. last six isty days come down a little bit, between interest rates correcting a little bit

but honestly, it is, as i have said before, the most productive last 12 months they've seen in vegas. i've been here since 1974. stuart: wow. >> it concerns me a little bit. it concerns me a little bit like we talked. but it is roaring. there is no stopping it. i mean no stopping. we have cost costcos going everywhere. oakland raiders training camp. there is a corner half a mile from where my office is crazy. the thing somewhat, shows politics i guess, where they built the stadium on interstate 15, which means nothing to you, right now, they're having a parking issue because where they're building the stadium is crazy. now they're trying to figure out what other adjacent properties are they going to buy so they can have, you know, tailgate parties and enough parking spaces. that is whole another story we'll talk about as it progresses. it is crazy. stuart: i would love to be at a

tailgate party in vagabonds. love to do that. we're out of time. we love the show. "the property man" with bob massi, friday as 8:30 p.m. on the fox news, no, fox business network. fbn. more "varney" after this. ♪

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stuart: why don't we talking big money and football. green bay packers' quarterback aaron rodgers is now the highest paid player in nfl history. he's got a four-year extension that keeps him playing til he's 40. here's the main point, he's guaranteed $103 million. ashley: if he falls over, god forbid, trips or his career comes to an end, doesn't matter, he's guaranteed.

stuart: no matter what. elizabeth: over four years. stuart: no matter what. ashley: yes. they love him that much. stuart: it's green bay, i didn't think they had that kind of money. i'd love to the talk more, but i'm out of time. neil, it's yours. neil: you and me both, buddy. well, apparently, they're going to pay him in cheese -- [laughter] stuart: very good, very good. [laughter] neil: the extent of my green bay knowledge. thank you very much, my friend. we're following a couple of things going on, including the selloff in the market here. a lot of it is on skepticism that the canadians will rush to the altar in time. tomorrow's the day they've got to do it or they're not part of this trade deal. they won't be part of this one because of all the machinery involved in getting it to congress and all of that. so is we are expecting -- so we are expecting to hear from the canadian foreign minister. remember, she interrupted her trip to europe to skedaddle back here and try to cobble together some