and so impressed close how so many races are. we have to go out to vote. >> go vote. >> joe hunt. >> stuart mentioned how young poem have never seen a great economy glad they're finally getting to enjoy one and may have a political impact going forward. >> pay and the fastest in a decade. have a great day everyone. vashny and company take it away. >> good morning everyone. good morning all. wow, exciting times in money and politic. red october, it is over. and the president is piling it on. big presidential rally in florida last night. 8,000 people, jam-packed. some have been lining up for 24 hours. he put the caravans back on center stage. now it's 15,000 troops headed to the border. and on the economy, well very good news. wages are rising at the fastest pace in ten years. and this morning we learn that the layoff rate styles calling firing rate is at a generational low.

maybe that's why the polls are moving in mr. trump's favor. his preschool rating is at 50% or higher in key battleground states i've not heard much about that blue wave recently, in fact, it looks like gop will increase its majority in the senate and may well hold on to the house as well. we shall see. let's get to your money let's have a big welcome to november on this the first day of the month we're looking at a modest gain for the dow. the s&p, and a the nasdaq look like big tech is coming back some more. think about this please -- the holidays are almost upon us. and it sure looks like most prosperous holiday season in a decade "varney & company" sb to begin. ♪ >> i've got latest position news polls for you here we go trump approval is high, and rising in

senate battleground states. on the map you'll see it. arizona, approval rating 52% indiana 50%. missouri, 54%. tennessee 58%. north dakota at 61%. now ash, tell me more about the north dakota election. >> we have we have kevin kramer against heitkamp with a commanding lead according to latest fox news poll-up 51% to 42%. now earlier in september this was a 4 point gain for kramer so look at this. just i would say seven weeks time now up 51 to 42% in north dakota. against the incumbent heidi heitkamp it would be a pickup. what about montana? i heard libertarian dropped out? >> he did drop out that would be rick breckinridge endorse republican in montana going up against, of course, incumbent

john tester he dropped out because he said there was a bunch of -- campaign mailers out there encouraging voters to choose him over the republican. in other words, trying to split the vote. but it was anonymous and that is a violation by the way of states and federal law if you don't actually attach your name or nail had of the person behind it so interesting to see how that could impact the race in montana. but libertarian is out. so those votes and he's giving they will to republican. >> could be oughts pickup. >> it could. one other thing quickly. early voting numbers are very strong for the republicans i know you're going to talk about that both in arizona and republicans beyond what people expected. >> big deal all right ash thanks very much. president trump rallying his supporters in florida last night. big rally roll tape. this election is truly a choice between results and resistance. how about their whole theme, resist what the hell do you get out of that? resist? they want to resist. great, resist.

only thing they're good at they resist, and they stick together it that is true. they stick together great but that's it be. they're bad policy, bad politicians, but they do stick together. [laughter] >> goes right at it really -- [laughter] joining us is congressman francis rooney a republican from florida. congressman, i believe you were with him last night. do you think he can keep up that energy level, keep up that momentum? >> well, the white house staff says that never work for anybody that has energy that the president has. we were talking about that last night about how many of these events they're doing and -- in rapid fire succession five or six more before the election and electrifying to see that crowd last nights and some of the thing that you were just talking about i think are whatting. j can you explain to me why thing are so close in florida. it is a very successful economy, that has been very well run by a republican governor.

and yet i see the democrat challenger in the governor's race andrew he appears to have a lead. what's going on in florida? >> well remember i'm not a krier politician so i don't know the science of this business like i said to have this job. but i'm not so sure that polls are as accurate as they used to be. i know from polls that we've done a lot of people don't answer the phone anymore and polling hasn't come to terms with changes in technology. also i think that -- there's a lot of people that are going to that voting boost the and realize that andrew is a threat to future of physical and people that live here. >> well if andrew gillum becomes governor of florida, and puts in place the ideas and policies that he's talking about. i can see that they come when florida will have a state income tax. can you? >> inevitably talking about killing golden goose if you spent money he wantses to spend

taxes have to go up like 4% or something. >> how would you judge races in florida now especially rick scott going for the senate seat? is he out front? >> well, there's a couple of interesting things about that. i think, i think both rick and ron are doing better than the pundit and policy and liberal media portray we have many democrats come into republican offices and register as republicans. over the treatment of brett kavanaugh. i was sitting next to guy last night after i made my introduction of the president who has been a delightful long democrat he said i'm with a trump and voting for you, and governor, and ron because of what they did to brett. >> okay five days to go. congressman thanks for joining us sir. see you again real soon. >> thanks for having me on. >> sure thing. let's talk money shall we? talk money and politic why not brian is here chief strategist at bmo. i know brian a financial guy. an investment guy. >> thank you.

okay. but i'm going to ask you a political question if i'm not mistaken brian thinks there is a red wave coming in five days. explain it. >> i think there is, and this is just based on our conversations with our clients not only around the world but, you know, especially in america. we have the good fortune of being able to speak to both institutional and private clients around the world. and it just seems to me that this ground swell of the silent majority is building again and reminiscent of 2016. but i'll bring you back to 2012, about a month before the presidential election, wall street kind of started to think hey maybe romney has a chance here, right, and for potentially maybe it was wishful thinking because businesspeople want qeivetive agenda and cut taxes and -- in the like. but obama won. the day after the election, the market was down i don't remember the exact number 2 or 3% and people are are like why is the market down, and i said listen, americans vote their pocketbook.

period. what are we really good at? we're really good at spending money, and the economy and the stock market were doing okay. economy is doing okay but stock market was up 8% on election day 2012. in americans vote their pocketbook so what does that mean right now brian, guess what, you win over statistics in terms of wages. income growth, gdp growth unemployment all time low. people know this. this is just separating all of the emotion and the rhetoric that we continue to hear from the other side. but the statistics in the analysis show that thingses are going well and president trump is following through with what he's always said he's trying to make america great again and he's winning. >> turn this around let's suppose the democrats take control of the house. does the stock market go down that's what the president is predicting. smg tough thing to say from midterm analysis, with when you have a president in the white

house, with and mrp of a mixed congress, the stock market does not do as well. okay, the stock market we think is run from stocks are run through fundamentals in economy period and both things continue to improve. the trajectory we believe will be much stronger with republicans across the board because of the more conservative agenda, and oh by the way that's what numbers show as well. now a political comment that's what the numbers show historically. >> strong, strong holiday season last comment. >> we think a strong holiday season and americans break -- >> i think it will be strong and people will feel gods and kind of like this breath of fresh air to move on from this hall of blue with rhetoric. >> well done. you rattled investment and politics very well. goods man thank you very much or sir check futures where are we going to open up 09 on dow and modest gains for s&p and nasdaq. by the way, apple big report coming up with the closing of the trading today. apple reportses i profits

prethat prior to that stock down a fraction. fit bit they posted their first federal government in two years. that -- does them good 15% high per on fitbit stock. dow dupont profit down because of higher cost must be something in report there because stock is actually up 5% we'll figure that one out. a big guest coming up in the show. larry kudlow top economic advisor to president trump and positive economic signs out there. i think that's very good news for republicans in the midterm its. i'm sure larry will agree. elon musk says there's a killer new feature coming to tesla cars imagine this. you drive to work you pull up right in front of your office you press a button car goes away and parks itself. at end of the day you summon your car it meets you in front of the office and off you go. musk says that's happening next year. [laughter] sounds good to me. >> are you a skeptic? >> a little. we have the latest on migrant

caravan president trump say he wants 15,000 troops down at border to stop them from are coming over. that's a new number. more varney after this. inspirat. an act of kindness. an old friend. a new beginning. some welcome relief... or a cause for celebration. ♪ what's inside? ♪ [laughter] possibilities. what we deliver by delivering.

a new york based act a sris hedge fund i should say has tin a stake in deutsche bank and how about this one people are turning back to the black market for marijuana in canada. i thought it was legal up there ash what's going on? >> legal from october the 17th. but the problem is they're just not ready for the demand that is problems with distribution, with the abilities for people to get the hands on the product and also you have to have a distribution license and that is not set up and irony is black pot dealers have seen a boom in

business they can't keep up with demand and funny thing in canada is illegal black market guys and women tore selling pot but legal to smoke it. as judge would say sitting necks to me -- unregulated free market is more efficient than the regulated market. >> he's absolutely right. [laughter] thankgentlemen and good morning. wait for it -- [laughter] the migrant caravan -- the migrant caravan are headed for our southern border president trump says he's sending more troops. roll that tape. >> as far as the caravan which is very dangerous and you see what's been happening as far as car ran is concerned our military is out. we have about 5,000 go up to 10 and 15,000 military personnel on top of border patrol, ietion and everybody else at the border nobody is comeing in.

we're not allowing people to come in. now what is the military allowed to do on the border? let's ask the judge himself who yes indeed he is here. now, with as i understand it, the military cannot be used as a domestic police force. >> correct your understanding is correct. they also can't carry their semi-automatic and automatic weapons with them. because they can't use deadly force on the caravan people. so when you say 15,000 troops you don't mean 15,000 troops. you mean 15,000 personnel because there's a tremendous amount of support personnel necessary to support the troops. cooks, and police and things like that. that are part of the military down there so not going to see 15,000 troops with articles locked at the border the image i think the president wants to convey because he believes i think that such an image might have deterrent effect can they set foot in mexico, no. can they arrest or touch or get

involved in any physical way with the caravan, no. they could do support things like build tengts they can operate the detention centers, which relieves the border patrol of some of their -- backline duties so to speak. >> general jack told us that military is down there they're use aring drones and satellites to follow the caravans so they know exactly where they were and what point they'll hit the boards and when they find out where they're going to hit border it will be our military which flies the border patrol people in great big 747s to place where they are needed. >> well military -- military nothing wrong with that legally. there is an issue with american military apparatus or equipment in mexico without consent of mexico -- the drones not the satellite. satellites so far up in the sky that mexico can't claim jurisdiction over there but drones fly close to the ground i

think have permission of the mexican government. >> let me pose this. sorry to interrupt you. let me pose this troops will be close to border. you consider coming in on american side yes. >> suppose sol hot shot on other side fires are gone. in anger at our troops. >> then they could fire back. absolutely they will have side arms with them handguns. not the heavy rifles that you see them carrying when they're in foreign countries they have to have handguns there for their own safety and protection if they are the victim of some unprovoked violence on part of the caravan. but if the caravan goes to the portal, legitimate border patrol poartle and sets one toe on american side and files claim for -- refugee status, claim has been toughs processed accepted and they can't be turned that's a long line 7,000 people and many portals there. troops are looking for people that have come through

illegally, not at the portals. >> got it so nothing constitutionally wrong with this use of the military in this case. >> yes i hope it doesn't go beyond that because then we have all kiengdz of issue. okay with the constitution judge says so. [laughter] there's a break through. >> hard to believe. [laughter] >> thanks judge. >> you're welcome. >> check futures now because we're looking at a triple digit gain for dow industrials and modest for nasdaq and s&p. hundred maybe a thousand or two google employees plan to walk off the job today, and google ceo says oh that's fine. they have his full support. [laughter] we'll explain what's going on after this. hi.i just wanted to tell you that chevy won a j.d.power

dependability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado. oh, and since the chevy equinox and traverse also won chevy is the only brand to earn the j.d. power dependability award across cars, trucks and suvs-three years in a row. phew. third time's the charm...

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as you know, stocks came off a rough month october was just awful. look at that chart that's pretty bad but turn this around look at future november the first, here's where we're going in this new month we're going up not a whole lot in nasdaq and s&p but a trim are l digit gain for the dow. big tech that was really hammered in october. the nasdaq had its worth month in ten year. but we've got to bounce back, this is november the first again, facebook amazon alphabet microsoft up this morning. that did all up this morning including apple we have oprah going to campaign for the

democrats gubernatorial candidate in georgia. >> the power of oprah going down to help out abrams in georgia running for governor position this is she's going up against the secretary of state the republican brian one of the most lottery contested races a statistical tie when you look at the polls oprah will be down there today to attend couple of town hallings with stacey abrams and go door to or door with tries to ruse people to get out to vote and see what impact it will have. >> it is a photo op. happy and oprah is on her way. then we have google workers -- now they're walking off the job today. apparently they're protesting company handling of sexual misconduct playing. now i think that walkout has already started. around l world yes 11:10 a.m. not sure of the significance. but it has been witnessed in india and in tokyo and shanghai and in europe and london. those are google headquarterses sibl this the london.

that's just a handful that's not exactly a stampede but video out of europe and switzerland we have large groups out streets they're upset because they believe based on back of a "new york times" article that they claim google is protected mull pl executives from sexual harassment misconduct charming'ses and upset that andy rubin who created android software he left company four years ago but kale out in a story request 19 million exit package. they say policies need to change when it comes to sexual misconduct allegations and the way thing company handled it. bottom line is google executive -- you know, saying look okay. it is okay. go ahead let me -- we have a quote here from the ceo he says look yesterday we let them know we're aware of the activities they will have the support they need as they wish to participate so in other words go ahead. we hear you. i hope they'll turn around and say we're okay with working with i.c.e. we're oak with working with

america's military had. >> and then you woke up and not going to happen. back to market please thursday morning. we open market in four minutes time and be now up triple digits for the dow industrials stay right there even. take you to wall street in a moment. at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today.

you'll only pay $4.95. betty called me at she thought it was a fire. it was worse. a sinkhole opened up under our museum. eight priceless corvettes had plunged into it. chubb was there within hours. they helped make sure it was safe. we had everyone we needed to get our museum back up and running, and we opened the next day. >> all right thank goodness it

is november the first. because october was just real awful wasn't it but start ising new day. a new market, i'm sorry a new month. and it look like we're going to be -- open -- [laughter] a different feel to the market that's for sure looking at 100 point gain for the dow in 3, 2, 1, here question go we're off, we're running how did we open? okay we're up -- 240 yesterday now in early going up 75, 76, 85 -- we're at 25,200 there you have it. triple digit gain right from the get-go. i'll leave it at that up nearly half percent. s&p 500 up less than that. about a third of one percent. and nays z nasdaq composite always interested in this with a barometer of big tech all tech i should say, and that's up about one-third of one percent. why don't we check big techs right from the get-go. really a mixed bag there they have a rotten october not starting out november particularly well. facebook still around 150.

amazon actually up 23 points now, with apple is up 219 alphabet not unchanged microsoft is there at 106 okay big day, big coverage. scott martin jack ashley webster all with me. now this, premise -- wage withs are rising confidence is way up. the jobs picture is very solid. i therefore say this is one very strong holiday quarter. jack to you first do you agree? >> economy looks good. is the stock market going to crash on wednesday because the president keeps going around and telling everyone that if democrats win, the market is doomed, i mean, the pollster show an 858% chance that democrats take the house now maybe they're wrong. democrats sometimes find a way to lose at the last minute but if they're right and that it whats, is there a possibility that this could become self-fulfilling prophesy because president said it was going to happen i don't think so and i hope not but i wish he would stop going around telling people that you could use political

parties to predict market returns. >> scott martin my premise is it is an extremely strong, holiday season. for the economy i'm talking about strictly speaking here. what do you say? >> i agree with you. [laughter] i think that's some good hope out there but jack is right. you know does this translate into a good market environment? and you know even elections aside stuart you know a meeting the g20 meeting with china president shi may not go well other political things that could happen that are out there a lot of other things that can happen in market that are aside from the good economic situation that you're describing which i agree with that could change the markets landscape so something to keep in mind if you're investor economy could be good in q4 but that doesn't mean stocks come roaring back. >> okay. sorry one of the traders that goes down on floor this week he said you know, i've never seen a market that has so many headwinds looking out there. a reasons why market could go down that volatility in respect

to that is not as bad as everyone is making it out to be. >> one number to watch carefully we're expecting to get 10% earnings growth that's no close to this year but still darn good if we actually get 10%. that will be another leg up for stocks if we revert to pattern that we have before going down next year that might not be so great. >> oab, i consider myself put dun and not going to be a great holiday season. no it is awful. no prosperity this christmas and hanukkah no can't have that. let's move on. big tech names talk about them every day slammed last month come on in scott. october the bottom for big tech -- >> it looks like it i'll try to -- rescue your attitude here by saying i think there's a bottom -- somewhat in for tech here but probably still volatility ahead. we saw a lot of market behavior psychologically stuart that would be reminisce sent of a bottom but we need to see good news too.

we have a pl out after the bell today for earnings we need to see that come through i think facebook needs to follow through on some of their good numbers so yeah. i think bottom is in for short-term for protect but they need to start stepping up again. >> geez. i've never heard so many lukewarm -- it is exciting. s prosperity -- going to be fun. >> going to be great, stu. >> drunken sailors, whole month of december. come back tomorrow i want to see more of you. thank you very much. apple as we said reports after the the bell this afternoon. this is a very big deal when a. reports its numbers. so jack, you say do not be obsessed with number of iphones sold. j i don't to overstate the case this company is still quite reliengt on iphones but in the past you have to obsess over whether it hit its target for each quarter and what you're seeing now is rising revenue from services that's high margin revenue that's people buying -- apps renting movies and buying these service plans on their phones because phones are so expensive they don't want to

drop and break them without a service plan they're high margin revenue serving to make apple earnings smoother over time so not quite as much as last -- having said that jack i think their prediction for holiday season people look at that as well. >> that's critical if i'm right about the holiday season it is gong to be great. [laughter] >> look at the big board please. why not? let's get positive we're up 140 point. the dow is at 25,258. price of oil -- no big impact on the stock market. interesting, though -- sanctions are iranian poil begin the fifth we have run up price in advance of those sanctions now it is run all the way back down 65 dollars a barrel age price of gasoline keeps on falling look at this. 22 straight days gone down now 279 as national average. couple of individual stocks, dow due upon dupont profit fell on r cost must be something else on that report up 7% i'll look for

you, i promise fitbit host first profit in two years. and it is up 20%. we'll take it. 88 cents. [laughter] we were down on this. i want to say luke warm sales at spotify what does that do for spotify lukewarm seas it hurts them down 7% that is 11 dollars lower spotify. now here's an intriguing story. general motors, they're offering buyouts earlier retirement big packages to 18,000 salary workers that is a huge chunk of the salary management work force. i would have thought that would be good for the stock but it is down. now this is number of people they're offering them to doesn't mean you'll get that money see how many you end up with but layoffs. >> this seems like a proactive. a approach the scale down -- production of low margin vehicles an focus on what makes money, while investing in the future electric vehicles, i

think honestly i think next thing that will be good for gm stock is next recession we have. is peel used to gm falling in losing during reseg and surprised in the next recession cools around and gm continues making profits through recession and then stock rerated it higher. >> still around 35 dollars a share. really hapght moved that much. elon musk tweeting that tesla cars will be able to find a parking spot on their own by next year. and i'm going to go through this again and make sure, amazing -- do you drive one of the tesla cars you pull up to office you get out and go to work. you leave car there press a button car goes off goes around by itself finds a parking space parks you come out of work later press button and car goes back grow outside your building. what am i missing does that sound good or impossible? scott? which? >> i love it. i mean especially living in a city like chicago, and you know coming into new york often.

parking is like most stressful thing that happens to me when i'm there. yeah that's great also helped my wife too which i probably shouldn't have said but it will help her. here's thing, though, elon musk created problems for this stock is i get they can park themselves he has to find a place to park his bad attitude. j next part of the year -- won't happen next year but ultimately it will happen cars will park themselves here in new york double park thoamses yell at pedestrians and eventually all of this will happen. not going to happen next year. >> what about -- >> the problem a little fly in the oingtment if you like it is illegal right now to have no one in the car so you can't just get out push a button because law doesn't allow you to do that you can have someone in the car. but monitors it but as it stangdz right now you can't have no one in the car and let it go park itself. >> apart from which if you pull up to th avenue in new york city outside fox, and you sending your little car off to park itself, it might never come

back. [laughter] because you're not going to find a parking space in new york city at 9:00 on a monday morning. not going to happen. [inaudible conversations] all right let's get to cvs a intriguing program here a memory program five bucks month gets you store credit plus a few perks. now scott you've got to like this one. [laughter] >> well, i mean, i like it i guess if i'm cvs stock owner not doing it out of the goodness of their heart but people won't use the benefit we're coming up to a very favorite time of year for me stuart and i know you're excited too from your comments. you know, we have a billion dollars or so of gift cards that are going to go unused over holiday season so i'm guessing they're doing this to take advantage of that trend. >> what have you got ash? >> amazon just about to get into the pharmacy business and they're trying desperately to come up with something to peenged them off. a great idea. amazon prime for a store no one likes to shop at. only reason you're shopping at cvs is because you're desperate

for a camera batteries and can't wait to -- the road side break down garage that you are go in there you have to and everything three times cost of what it should be. >> you're wrong i'm a frequent cvs shopper. good news for you. you know how they can save money and stop giving you ten feet long rekreepght when is you buy three items it is ridiculous. >> i don't know how you can save three bucks. you have a rewards program making money here. you're all totally wrong. cvs membership plan i like it. not that i'll get it but i like it that will be that time on a thursday morning thanks very much indeed scott, and jack we'll see you all again later. check the big board not quite high of the day but close. we're up 153 points that's about 6% solid gain november the first. check this out. new warehouse in china, it is the size of i can't see have much that is blurred can we get

rid of that -- that doesn't work. it is the size of my five football fields, and it is run entirely by robots we'll tell you more about it. promise. programming note, big interview coming up on fox business, trish regan talks to vice president mike pence tonight on trish regan prime time. that will be eight eastern, right here on the fox business network. nah. not gonna happen.

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with consultation. or visit kohlerwalkinbath.com for more info. sometimes, they just drop in. obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ not quite high of the day but up triple digits dow is up 125. higher profit at dupont dow dew upon the now here's the reason the stock sup. it is gong to buyback $3 billion worth ofs i own stock in next five months. that is why dow dupont is the

biggest gainer on the the dow up 6%. how about netflix, look at the stock please. they've got their eye on the os what are they doing? >> unusual move for netflix to release three big films with oscar buzz and release them in the movie theaters first -- before having them available for streaming up until now they've released them in movie theaters and streaming at the same time which upsets movie operates because they say no. you know that's not the role but run in movie theaters with three month before it becomes available but more eligible for oscars when it goes to movie threat rs first. steven spielberg said netflix should not be allowed no the oscars but tv movie category with stream first maybe this will -- appease one of them. >> oscars really bad. i believe we have found the video tape of -- warehouse in china. that is run exclusively by robots that's better. now as we watch the video, ash you're going it tell us what it's all about. average --

major factory in china and of tokyo and manufacturing in china teamed up to make this totally robot-run warehouse picking, lifting all of the decision making and you have brief case size controllers of doing thinking for the robots on floor. they decide where the robots get dispatched to. there's no humans involved so essentially you have machines operating machines. the only thing that humans do is to maintain them. the maintenance part of it. but this thing hums along by itself. it is truly kind of scary and remarkable statement. >> five football fields. it is five football fields and all of everything you saw in that video is all done computer chips. i want to get back to directly to your money. joining us market watcher jeff with schwab good to see you. >> thanks for having me. >> okay hearings my premise wages are rising in a very fast clip. consumer confidence at an 18 had-year high. the jobs picture, very, very

strong. i say we set up for a very strong holiday quarter to reflect nicely on economy, and on the market. that's my premise. shoot me down if you want to. >> you know markets care more about better or worse than good and bad all of the things that you mention are good but they're slowing they're worsening they're worsening from even better level gp growth in the ourself better growth overseas last year, i'm afraid that while we may see a rally here in the remainder of the fourth quarter on a number of drags now dissipating for example maybe buybacks coming back to market or even the rise in the dollar pausing a little bit because that was a drag on multinational corporations. but i'm afraid that rally may run into a peak in the global economic cycle. next year, so unfortunately it may be short-lived. >> how about that deal with the midterm there seems to be a trend in -- very late stage of the election --

towards president trump towards republicans, with certainly in senate races. if the republicans gained an increase majority in the senate and held on to house qowld that be good for the market? >> i think that market is going to be -- is looking at the outcome of this election as very gridlock no matter what the outcome is. barring -- a sweeping move one perhaps like you would say a wave with outcome for gop unexpected or wave outcome for democrats a little bit more expected, the market is pointing to a status quo outcome instead looking for a washington perspective to see the fed have more of an impact on markets ahead than, than lawmakers for example, october third chairman powell came out and said we have a long way to go on raising interest rates. that's a direct quote so that i think trig arered selloff in october that's what markets are focused on out of washington. more so than congress. >> you are of chief global strategist i think if i'm not mistaken so world with view here. real fast, i think i'm right in saying that just about

everywhere else in the world is really slowing down. and we are a standout economy for our growth is that accurate? >> that's true. there might be a few exceptions to that but in general u.s. is a standout my concern is that is on strength of the tax cuts which may begin to fade next year and u.s. may join rest of the world in a slow trajectory. >> jeff thanks very much for being with us first appearance probably won't be last and play your cards well and see you soon. thank you very much. great stuff man. agreed with my premise a great holiday season bring him back. dow industrials 17 now lost much of the gain but still about two-thirds of the dow 30 in the green on the upside this morning. now, what you're going to look at a rowing boat okay. a guy is going to row that thing across the atlantic. by himself -- he's doing it all to help our veterans -- he's on the show going to tell us his story in the 11:00 hour

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we were up 150 now we're up 88, 25,200 is the level. terrible story here. a viral outbreak at a pediatric center? new jersey.

fox news lauren greene is right here with the latest on this tell me the story please. >> this is a virus that is very, very contagious, and it is most dangerous for those with weakened immune systems the virus claim 10th victim another child at a long term care center in new jersey, virus has infected 27 children at the facility all who are considered medically fragile. yesterday death came in the 6th week of the outbreak at facility. and center has stopped admitting new patients until the outbreak is over. health department officials are now stationed at the facility full-time to monitor its infection control procedures. now there's also a second outbreak of a different strain of the virus in another new jersey health care facility in cam den. official say the two are not considered related. now all of the cases have been children or young adults of young is toddlers but most under age of 18 years age. now, in a healthy people the virus causes a cold and flu-like symptom but it can be devastating to those with

compromised immune systems. virus has a two-week incubation period and facility has to go four week without a new case before it can declare outis break is officially over. >> lauren that is a shocking story glad you brought it to us lauren greene thank you very much indeed. thank you. staying on health care -- it our next guest is a cancer patient kept alive by prescription drugs. and he says that president plan to lower prices of those drugs will work. david mitchell is with us with patients for affordable drugs. david, tell me a story please i believe you have blood cancer. tell me your story. >> yes mr. varney i have incurable blood cancer treatable with very expensive drug next monday i'll have treatment, and they'll spend five hour pumping in 24,000 dollars worth of drugs. but i'm grateful for these drugs having this disease taught me drugs don't work, if people

can't afford them and proposed plan for secretary azar department of health and human services to lower the prices of these very expensive prescription drugs is so important. >> this is important because it is the first real plan that i've heard of that would actually get the price down. not just hold the line on increasing but get it down. and you're convinced that this will work. >> well, we have to travel some ground before it's implemented and there will be a fight about it. i believe if it is implemented it will work and that it will lower prices that we pay many this country from about 80% more than other wealthy nations to 6% more than other wealthy nations and that is a significant decrease. and it will mean money in the pocket real savings for people on medicare. >> now, president trump says that is gop which will handle the preexisting condition issue better than the democrats.

you agree with that? >> i think that the battle being fought over preexisting conditions is one that we don't engage in and we focus on drug prices. and we believe that this administration is making real efforts in the area of lowering drug are prices. that's a first indeed. david thank you very much indeed for being with us this morning. and telling us your story we wish you well sir. j thank you very much mr. varney. >> yes, sir. all right. we're in the age of mass migration look at it. we immediate to do something about it. we need to get this right or we're going to get swamped like europe. my take on that, coming up top of the hour.

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stuart: we're almost a half hour into the trading session. let's repeat this. this is november the 1st. it is a new month. good riddance to october. it was a rotten month.

we're starting out at upside, not by much. we're up 60 points, at 25,175. it is not much of a bounce, although in the last two days, the last two days of october we did very, very well. momentarily. literally seconds we'll get latest indication how the manufacturing sector is doing. 10:00 eastern time, bang we got there. what is the number? ashley: comes in 57.7. note this, anything above 50 is expansion in manufacturing. anything below 50, obviously decreasing. a little shy what we were hoping for. but i can point out by my count, this is the 25th straight month of expansion. in other words a reading above 50. 59.8 in september. now 57.7 in october. so there is a slight decline but still on the upside, a positive side of expansion. stuart: very slight decline for the dow industrials. we were up 40, 50. now we're up 30.

now that report didn't have great impact. here is the number i'm waiting for, every thursday, 10:00 eastern time. we get mortgage rates. we were thinking 5%. but i don't think it is. ashley: it has been sliding, latest read 30 year fixed 4 .68%. the biggest problem, freddie mac said lack of envy level inventory. first-time home buyers there is not enough inventory. monthly mortgage payments are still affordable at 4.83%. the problem is lack of inventory, leads to higher prices because of the scarcity. that is the biggest problem? 4.83, 30-year fixed. got it. dow industrial up about 25 points. now this. we live in the age of mass migration. this is new, it requires a new response. we're no longer talking about a

few thousand refugees for asylum-seekers. we're talking about millions. millions of migrants, vast numbers people who want out of their own country. for example, central america, it is emptying out. hondurans, gaut -- guatemalans, solve solves, nicaraguans, they want to come here en masse. if it wasn't for the response of president trump, there would be many more here. president trump has got it. stop the caravans. security the border. build a wall. he goes further, end chain migration. end birthright citizenship. that is very strong stuff for a new challenge. maybe it is needed. another example the mass migration out of north africa and middle east. it started three years ago. it is not over. europe failed in its response. on humanitarian grounds, germany's angela merkel opened

the door the she failed to realize if you let in a million, millions, millions, plural, millions more will follow. isn't that true here too? open the door to central america, and central america will come. for the first time an american president is taking a very firm line. good. that's what's needed. whole populations are on the move. invasions, frankly have to be stopped. the second hour of "varney & company" is about to begin. ♪ stuart: you heard my editorial. tom homan who used to run i.c.e. heard my response. he will respond after this. republicans have strong voting inner voting especially, nevada, arizona and florida. come on in bill mcgurn,

"wall street journal" editorial member. >> you're referring to karl rove's article, right? >> yes. >> i been to a lot of elections, early returns indicate one thing, it turns out not to be that way. it is good news for republicans. there are a the lot of caveats. are the early republicans just republicans voting early. in a sense you take away from the total on election day. we don't know yet. stuart: i have a sense it is a bit like 2016. the polls are showing this, but the actually voting could be like this. >> could be. talk about shy trump voters don't show up in the polls because people are afraid to say they're for donald trump. stuart: will you read a little hope into this? >> i think there is hope. stuart: the trend is going their way. >> i think in a lot of close races, i do sort of, in the senate, i do sort of expect them to break for the republicans, i

think voting demographic favor republicans and a lot of people are coming home. a lot of ordinary people don't pay attention until the end. i think that is true for republicans. stuart: to me the vote winner is the for the president, is a the economy and b the migrants. are you with me on that? >> i would have stressed a. one of the reasons we're suffering in the house the republicans didn't play up their central achievement which was the tax cuts, right? the tax cuts, if you look at "real clear politics" average from the day they passed never enjoyed majority support in the polls. we've allowed them to become demonized by the democrats. in my district, new jersey 11th, one of the swing republican districtses the democrat is arguing that the tax cuts were really a tax hike because of the salt caps and so forth. it is just crazy. we, we the republicans have not played up the strength.

people know there is a good economy. republicans should say this didn't happen by ask. not just tax cuts, deregulation, not just by the president, congress, repealing a lot of these impositions on business. stuart: i think republicans should play up what happens in the house, if the house goes to the democrats. >> absolutely. stuart: maxine waters on the financial services committee. gerald nadler on -- >> booming economy didn't happen by accident. if they manage to wreck it. there is limited damage they can do if republicans keep the senate. keeping tax cuts, likely through the senate. i hate to say it, i think donald trump might enjoy sparring with nancy pelosi when she is the face of opposition in the run-up to 2020. he might make the argument we should be making now for the next two years, right? if you like to add this, it is

crazy. stuart: say no more, bill mcgurn. thank you very much. staying on politics, we'll bring in a market guy, gary kaltbaum, kaltbaum capital management. we pay him. he is a fox news contributor. that is extraordinary. >> shush. stuart: sorry. you are in florida. you will have to explain florida to me. what is going on down there? andrew gillum is a socialist, he is leading the governor's race, what are you people thinking? >> look at me. i'm a nice guy. my friends would tell you. he is leading by a little bit. let me read from his website, his exact words. it is quite interesting. by adjusting our state corporate tax level to a modest 7.75. he uses a word adjusting, not raising, a modest 7.75. here is the problem. you're state, competing with surrounding states, this would make us the highest corporate tax rate in the southeast

competing with everybody else. north carolina is going down next year to 2.5%. he wants 7.75. imagine a corporation up in the northeast wanting to move down to the south and says, huh, north carolina, 2 1/2, florida, 7:75. we're i think heading to raleigh. i think he is going the wrong way. i don't know what people are thinking. he used the term, we need to recoup money. recoup, it is corporations money. it is the people's money. the problem with the left is, they think it is their money before the people. and that is what we're in this soup right now. stuart: if he wins, are you going to get a state income tax, i can see it coming a mile off. >> well, i'm a big believer, when you see the first proposal, you see a second and third. they go where the money is. due to the fact we have 0% state income tax, that is it where he is going next. the shame of it is, if we were a country, stuart, we would be the 17th largest in gdp. in the last year we created

200,000 jobs. everything is going great. people love coming here for the beaches, the great universities, the climate. we have, tourism, everything going for us. the last thing you want to do is take money out of the economy and put it into the hands of politicians who we know are inefficient, ineffective, but by the way the name of his plan, the fair share plan. stuart: i heard that before. >> we are screwed, my friend. stuart: let's turn to the markets. >> yes. stuart: you say november will not be much of a relief from the dreadful october we have just gone through. ashley: what? stuart: no big rebound? >> as you know i've been bearish, but you always going to get big bounces, especially when you get so stretched and oversold like we've been. i think once this ends, we maybe get another couple percent, we go into what i call a whipsaw. if you remember back in february, after the drop, it took three or four months to repair all the damage of everything getting hit so hard.

then turned back up. i think we're going to see a lot of that, in the next few weeks be where you will be up 500 over a few days, down 400. we'll end up running in place. just hopefully if rates stay low, the economy stays strong, earnings stay strong, we get going again. but i think probably will be first quarter of next year. i do think we may get a little end of year bump. that is what usually happens. but expect some nausea. i think the worst is probably over for now. that is the good news. >> that is good news indeed. gary kaltbaum, you're all right. see you again soon. >> thank you. stuart: modest gain at the moment. we're still up. we're up 93 points. some volatility today, up 120. up just eight and nine. now we're back up to 90. we're up and down. big tech names, here we go, apple, remember, reports after the bell today. tiny little loss as of right now. apple at 217. look at facebook.

an outfoot called independent research, sell it, sell facebook. they have cut the price target on the stock. they were expecting to go back to 180. now they say it will hit 130. encana, that is an oil and gas company, they're buying new field exploration. they're paying five 1/2 billion dollars for it. that is the biggest gainer in the s&p. boosting the same index, dow dupont, upbeat outlook. the stock was down 16% in october but they have announced a 3 billion-dollar buyback. ashley: there you go. stuart: that is shot in the arm. nearly 6% higher for dow dupont. we have a lot to cover in the next hour. president trump says he wants to send 15,000 troops to the border to deal with the caravans. i say with you know live in an age of mass migration. i'm glad the president is taking a very hard-line. i will see if tom homan agrees with me. he used to run i.c.e.

google employees around the world walking out, protesting handling of sexual misconduct claims in the company. we'll talk to a lawyer defending a former google employee in a discrimination suit. and this, outrage just, cnn's don lemon says the biggest terror threat in our country is white men. he said it. i will pay it for you. you are watching the second hour of "varney & company." ♪ i am an independent financial advisor. it's our name on the door. we are accountable to our clients everyday. we have the freedom to build a plan. a porfolio based specifically on their needs. we're fiduciaries, stewards of our clients' money. entrusted to do what's right. it's a mission. a guiding principle our firm lives by. charles schwab is proud to support more independent

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stuart: going up again. 144, 146 points as we speak. 25,260. fitbit posted its first profit in two years. the stock is up 25%. spotify reported lukewarm sales. i believe its down, yes it is,

9.6%. just coming at us a new tweet from president trump. it is about china, might be having something to do with the market rally. here we go. just had a long and very good conversation with president xi xinping of china. we talked about a lot of subjects with heavy emphasis on trade. those subjects are moving along nicely with the meetings being scheduled at the g20 in argentina. also had good discussion on north korea. when you talk about terms of china trade. the market bounced back i don't think fact they are talking one, and the the fact they plan to meet at g20, that is positive. stuart: got it. i hope you saw it, i was talking about how to stop the migrant caravan. if we don't we risk becoming europe. president trump said he will send as many troops as possible to stop those caravans. roll tape. >> as far as the caravan is

concerned our military is out. we have 5,000 to 8. we'll go up to anywhere between 10 and 15,000 military personnel, on top of border patrol, i.c.e., everybody else at the border. nobody is coming in. we're not allowing people to come in. stuart: joining us now, former i.c.e., former acting i.c.e. director, let's get this right, thomas homan. good to see you, sir. >> good to see you, stuart. stuart: my premises is, this is at era of mass migration. this is a new ira. we're not dealing with handful of refugees or asylum-seekers, we're dealing with whole countries populations on the move. we have to deal with it firmly. what say you? >> i say the president is 100% right. being a law enforcement officer for 34 years, always better to overplan than underplan. always better to overrespond than underrespond. look all the caravans forming in southern mexico and el salvador, they're watching. we have to have a hard, serious

response on the first caravan, to send a clear message the united states isn't open for illegal immigration. so i agree with the plan. stuart: the president seems to go to great lengths to make everybody very clear this is a plan to stop them. that they're not going to come through. is he doing the right thing? is it right strategy, right tactics, the troop movements? >> absolutely. i agree with 100%. there is side benefit. with all these thousands of military on the border, more eyes on the border. more response capability. will release more border to work on front line. also deal with the surge at ports of entry. that means less drugs come through. more interdictions at the border. more interdictions at the port of entry which will upset the cartels. when you hit the bottom line, pocketbook, they will stop the caravan, it is hurting their business. there is side benefit to having

all the resources on the border. stuart: if we doesn't have strong response to stop them on border or stop them before they get here, would we see the emptying out of guatemala, honduras, el salvador, is it to that degree, that scope? >> i don't know if they empty out f this caravan comes through and ended up caught and release, back to catch-and-release, never to show up in the future, this is a waterfall. this is avalanche coming because again, the whole world is watching this first caravan. the reason the first caravan even formed is because they know the last caravan were released into the united states. many different show up in court. those ordered to remove didn't leave. there is no consequence and no deterrence entering the country illegally, why would they stop. everybody wants to be in the united states the greatest country on earth. stuart: that is definitely true, thomas homan. >> thanks for having me. stuart: back to the market.

check it again please. president trump did say if the democrats win next week, take back the house, if they do that, stocks will go down. that is what he said. next hour i will talk to larry kudlow, chair of the national economic council. i will put that question to him. tonight, trish regan talks to vice president pence. he is on the campaign trail as well. trish regan tonight. ♪ your company is constantly evolving. and the decisions you make have far reaching implications. the right relationship with a corporate bank who understands your industry and your world can help you make well informed choices and stay ahead of opportunities. pnc brings you the resources of one of the nation's largest banks,

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my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. stuart: market received a modest shot in the arm from president trump who tweeted moments ago about a conversation he had with china's leader xi xinping. he described china trade talks as encouraging. the market went up on that.

look at seaworld. keybanc upgraded the stock. they say buy it. the stock is now near four 1/2-year high, up 2% today. now this, legal action against netflix for using a copyrighted satanic monument in one of its shows. ash, go. ashley: can't make it up but it happens. a fine use of our legal system. the satanic temple, self-described religious organization, is upset with the latest netflix series, the chilling adventures of sabrina. in the hall where the lead character attends, a statue of satan. the very statue the satanic temple says is almost identical they put together. they say that is a terrible copyright infraction. they don't want money. they want the show to remove the image of the satan. stuart: no comment whatsoever. ashley: hopefully this is why. stuart: absolutely. throughout the morning, ash and

i are talking about this new idea from tesla. elon musk says, by next year, tesla cars will be able to park by themselves. we're not talking about parallel parking. we know they can do that now. you describe. ashley: this is the tweet he put out very quickly. by next year a tesla should be able to drive around a parking lot, find an empty spot, read signs to confirm, validate, then park. what he didn't say, it is not clear, whether some one is in the drivers sate. i'm not sure you drive up to fox here in manhattan, push a button, off it goes the and you push a button on your key fob it comes back. i don't think it is legal right now to have a car go off by itself without anyone in the vehicle. if you have this available by next year, can you ice it anyway? he loves to make the predictions. it is fun to dream. make one day they will have this. stuart: i may have exaggerated. it finds its own parking space

in a parking lot as opposed to the street. ashley: you love parallel parking deal where it does it for you while in the car. it is unclear whether someone is in the car. i would love to drop off the car, push a button, see ya. as you said we may never see the car again. stuart: now this this is ugly. cnn's don lemon says the biggest terror threat facing our country is, white men. he said it. he really did. you're going to hear it. it is good bye to october. good riddance, too. hello, november. will stocks rebound this month? market watcher, jonathan gobb is on the show, says yes. he will make his case. ♪

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and we depend on chubb. ♪ stuart: lucy in the sky with diamonds. that had us all wondering back in the day. 1967, what is that all about we're wondering. still haven't found out. chick the big board, it's a rally. we're up 140 points. president says talks with xi xinping of china is going well. that helped the market the big tech names, did it help them? no it doesn't. apple, microsoft. alphabet on the downside. not a huge pullback. but they're down. check "the new york times." more people are paying for their digital subscriptions. the stock is up 6 1/2%. the president says the failing "new york times." apparently not at this moment. staying on the market, come

on in jonathan golab, credit suisse chief u.s. equity strategist. >> got that right. stuart: can i have that one? no. november a rebound on the market from the dreadful october, yes? >> i think the near term call on the market is an easy one. that the fundamentals haven't changed, the corporate profit picture is fantastic. companies across the board beating expectations when they're reporting. i think at the end of the day, sentiment doesn't win. it is underlying fundamentals of the economy. that is great. stuart: so yes, bounce back? >> it bounces back. if you ask me how certain am i hit the low this minute? i don't know. if you said to me, between now and end of the year, how confident am i you're going to be much further ahead, absolutely. stuart: got it. all morning long i've been saying that here comes a very strong holiday season, because, wages are rising quickly.

consumer confidence is 18-year high. you know the story. people have been throwing cold water on it. no, varney, you're going overboard. what says jonathan golab? >> that is easy call. i agree with you. stuart: you agree? >> if you look at last quarter gdp report. it was a good quarter for the economy, but consumer was doing well. it is really simple, the average american family got $1500 from tax cuts. they are going to spend on that. they're convinced going to narrow group of rich people? that is not true. average family gets $1500. stuart: that is a stimulus? >> yes. stuart: could we get 4% growth in the fourth quarter? >> i look at it, kind of a general trend. and the general trend is about, i think is something close to 3%. but, you have to consider where, where was that? it was lower number. so, i think it is pretty healthy. >> but i have to believe, if you get a very strong holiday

season, with consumers opening up, spending a lot of money, i have to believe that translates into the stock market. isn't that good for the market going forward? >> yeah. no, it is. if you, look why the markets is not doing well. there is this wall of worry worry of is the fed going to in some way end the party too soon? are issues. i will look at trade, for example. do i think this is the right fight? yes. you want to fight this when the economy is strong? yeah, that would be rational. and back, if the chinese know we back down the second this gets a little uncomfortable, they will never come to the bargaining table. i think we're better off for the fight. does it make the market uncomfortable? sure. when this resolves itself.

i don't know if it resolves itself in the next week or with this meeting but over the next three or six or months or one year we're betting off for this. the same thing with the fed. they will not kill this rally. stuart: you are the credit suisse chief u.s. equity strategist. >> right. stuart: strategize for me. should i sell my microsoft? >> no. but if you're looking, today at the "fang" stocks, you have apple, is the last of the fangs to report. the others have all beaten by double-digit numbers. whatever wall street estimates are, they come out much, much higher. so for all of this discussion that the "fang" stocks leading market down, how is it possible when at the same time they're beating by massive numbers. stuart: actually you're not allowed to tell me if i'm allowed to sell my microsoft or not. >> i won't tell you. stuart: you're not allowed to. >> i do think the technology, i think these technology stocks, they have done well for the last

few years, not because investors are speculating them, they're doing well because you know lying businesses are strong. stuart: they're performing. >> they're performing. as a matter of fact valuations are roughly in line with the broad market, what you're paying for them is not that high. stuart: it is not dot-coms. it's not. >> the key here is the revenue mixture. they're selling more of what, they do. you can see that whether amazon, with retail, their retail foot pointprint is up massively. online advertisers. it is great. stuart: we got that all in, jonathan. come back. come back very much indeed, sir. totally switching of subject. this is a switching of gears. i want you to hear what cnn's don lemon said about white men. roll tape. >> we have to stop demonizing people and realize the biggest terror threat in this country is white men, most of them radicalized to the right, and we have to start doing something

about them. there is no travel ban on them. there is no ban on, you know, the muslim ban. there is no white guy ban. so what do we do about that? stuart: okay, that was mr. lemon. katie pavlich, "town hall" editor, fox news contributor. katy i will leave it to you, to respond to mr. lemon. go. >> well i would say it is racist to be saying the things that don lemon is saying. i think americans are pretty sick and tired of being lectured about civility and unity, coming together, when don't lemon and many of his colleagues at number of other networks continue this line of thinking. the majority of white men, majority of people in america is white. statistics play out in the favor of the argument don lemon is making but this idea people are predisposed to violence based on their skin color is pretty abhorrent. you can imagine the outcry if a white person were to go on national television, in prime

time, and say the opposite, saying well, you know that the majority of terrorists in america are black men, right? you know the majority of shootings that happen in chicago are carried out by black men. there would be outrage and there should be. there would be calls for many other things other than just a conversation about these issues. stuart: if you're a liberal, you can say what you like. that is the way it runs. >> people are pretty tired of it. stuart: listen to what president trump said about the media in an interview with "axios." roll that tape, please. >> you're the most powerful man in the world, if you say that word, enemy, enemy, literally tens of thousands of people go into a stadium to listen to you, people go on social media, get them so jazzed up, there has to be a party, i'm scared someone -- >> it is my only form of fighting b i couldn't be here if i did that. >> you won. you have the presidency. >> i did this before i won. stuart: what do you make of this, the media versus the president and the president versus the media? where is this going?

>> level that is actually not as abrasive as we've seen it be. the media needs president trump. president trump needs the media. the president is very good at manipulating them into his own ways and traps. he is often times set traps for then. they walk right into. let's not act like a lot of these people in the media complaining about being called enemies of the people don't relish in that accusation so they can go out there to be heroes of free speech. now is the term enemy pretty harsh? yeah. does the president say that he defines it as fake news? sure. but this idea that all of the media who claims to be objective is not just a bunch of leftists acting as journalists is not true. i mean the 7% of, there is only seven republicans in the white house press corps. if you look at journalism schools across the country, the vast, vast majority of them are run by left-wing operatives. so this idea that journalists are parading around as objective, one look at twitter

feed show they are absolutely not. that is what president is talking about. when it comes to politics and political fights before the midterms the president is correct he says the media has interest, they have goal, and they fall on the left side of the political spectrum. stuart: well-said, katy past lip. couldn't have said it better myself. >> thanks very much, stuart. stuart: thank you very much indeed. can we go back to the big board for a second? just show that for a second. because we've got a rally going here. ashley: we do. stuart: i think because of a tweet from president trump a few minutes ago where he said he had spoken to china's xi xinping. that has given a shot in the arm to the market. that is up close to 200 points. here is what is coming up. the polls moving in president trump's favor. that is my opinion and it's a fact. looks like the gop will increase majority in the senate. may even hold on in the house. bret baier will join us in our next hour. we'll see if he agrees with

that. first a reversal from google. they say they will allow marsha blackburn's campaign run after initially taking it down for, quote, shocking content. we'll talk to the lawyer representing james demore. he is suing google for discriminating against conservatives. we'll be right back. ♪

♪ ashley: in the last hour, market watcher brian belski told us if republicans do well in the midterms, it is good news for your money. take a listen. >> from midterm election analysis when you have a president in the white house and more after mixed congress, the stock market does not do as well, okay? stock market we think is run from, stocks are run through fundamentals in the economy period. both things continue to improve. the trajectory we believe will be much stronger with republicans across the board because of the more conservative agenda. oh, by the way, that is what numbers show. that is not a political comment. that is what the numbers show historically. ♪

stuart: comments from president prom about china trade. he has been talking with president xi of china. that is helping this market to a 173 point gain for the dow. 25,200. now, google employees are

staging a walkout today all around the world. they're protesting the way the company handles sexual misconduct allegations. come on in hamid dylan, the republican lawyers association. what is exactly going on here? what are the employees upset about? >> they're upset about, alleged, strongly alleged sexual harassers staying on the job with big pay packages. senior google executive accused of sexual. google has virtuous signaling rhetoric, increasing lot for women and way company treats them, when it comes to executives, executives at the company couldn't name a woman who they look up to. they're fumbling around who are

the female roll models, point to each other, executives at company. women are seeing efforts there pretty shallow and two-faced. that is what they're seeing today. stuart: would you say google is hypocritical company? >> absolutely. the woman are smart. they're being told it is all about women. on other hand guys secondly harassing them allegedly are staying on the job getting more and more money. those two are irreconcilable. stuart: the ad for congresswoman marsha blackburn hits back up on google after google had taken it down for quote shocking content. you represent james demore. he is suing google for discrimination. is this censorship they're employing it is one-sided? >> it absolutely is. stu, what is alarming, march got a trifecta. today an ad was censored by facebook and previously twitter sensorred one of her anti-abortion ads.

now all three big social media sensorred her. this is beyond censorship, it is election meddling, this interference with advertising occurs before election, primary before general election now. i don't hear any complaints by democratic politicians about ads taken down with double standards. five days before an election, banning an ad, censoring an ad, while the other guy's ad is allowed to go forward is outrageous assist to the democratic side. ongoing problem with all the three big social media. this is something we need to look at, in terms of what is happening with our elections. stuart: i just don't see how a company like google, could possibly operate an unbiased censorship program, when you're dealing with what, billions of messages, posts or whatever it is, every single day. i don't see how you can do that. that is impossible task. >> it is impossible, more than that it is illegal. if they want the immunity

communications act they have not sob censoring this way. they can only take down things that are copyright violations. the way they are doing it. they don't pretend to be objective about it. if marsha blackburn was not sitting member of congress, sitting well in the polls with big social media following they would have gotten away with this. outrage by people that view your network and others. the average candidate who gets censored this way, doesn't get the ad on at all. doesn't have the voice, you don't hear their voice. stuart: understood. always a pleasure. thanks for being with us. >> thanks, stu. stuart: breaking news from the white house. here we go, president trump will be delivering remarks on immigration at 4:00 p.m. eastern time today from the roosevelt room. when we get more details on this, you will see it right here. this is going to be some announcement. you know we got a success story for you on this program today. brex, i'm told it is the darling

of silicon valley. in 16 months, it has gone from two employees, to being valued over a billion dollars. we'll have the cofounder on the show next. guess what? he is 22. check the big board. there is a rally for you. up 172 points, 25,200. presidential talks with xi of china really helping today. we'll be back. ♪

stuart: it's a rally, third in a row actually, we're up 190 points. 25,300. now this. we just love success on this program. our next guest is a success. he is the cofounder of a company that gives start-up credit cards to corporations. the name of the company is brex. it is a success because it went from two employees, i don't know how many he has got now, but the value is over a billion dollars. come on in enrique. welcome to the program. good to see you. >> hi, stuart, great to see you. thanks for having me. stuart: now, i want to start at the beginning. the first company you started when you were 16, correct? you have to tell me, what kind of company was it, and how much money did you make out of it?

>> we, so we were one of brazil's largest online payment businesses. so we basically helped online merchants with, to accept payments online. stuart: okay. >> we don't disclose the amount its was sold for but the company was processing over a billion 1/2 dollars and had over like 100 employees or so. stuart: enrique, you have done very, very well. congratulations. now the second company -- >> thank you. stuart: brex, you have gone from two employees to a value of over a billion dollars. how many employees have you got now? >> i think we're a little bit over 60. stuart: okay. what is your secret? what do you do? how do you do this? >> so i think that, there is not so much of a secret as we've been working since the last company in payments for a while. we found this underserved niche which is, startups in silicon valley, which you could help

raise millions of dollars not be able to get a credit card. for example, we raised in our first round, seven 1/2 million dollars and we couldn't get a corporate credit card. so we decided to do something about it. stuart: okay. obviously you're going to make a ton of money. are you motivated by money? >> honestly, we're motivating about building things. after the first company, we sold it, we decided to go through the whole idea again, because we wanted to build something more larger and massive. we're motivated about building things and helping startups and entrepreneurs with their business and that is more the focus of us. stuart: could you have done anywhere else in the world as you have done in silicon valley, california, usa? >> i think that, for us in our specific situation probably not, but i think there are other

entrepreneurs who are doing super interesting things around the world, in china, latin america, india, europe, that are super successful. for us specifically, silicon valley is a special place. stuart: do you have your own plane? >> i do not have my own plane, no. stuart: do you live in a mansion? >> i do not live in a mansion. but i really like my house. stuart: enrique, we love success. you're a great successful guy. we appreciate you being on the show. for a 22-year-old, you blew everybody away. you're doing so well. congratulations, fellow. >> thank you so much. stuart: come see us anytime. brex. ashley: interesting stuff. stuart: thank you. now this, polls are shifting in the republicans favor. the economy, it is on a roll. with five days till the midterms i say it is only good news for republicans. my take all about that at top of the hour. here we go.

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phone, and call the number on your screen. the call is free. and licensed humana sales agents are standing by. so call now. stuart: with five days to go to the elections, the president is on a roll. the economy is doing very, very well. the polls are shifting towards the republicans come in the expected blue wave. that's fading fast. wages are rising at the fastest rate in 10 years. consumers feel really good. record number of job openings in your job is safe by the way. the layoff rate, the firing rate is not a generational low. sure looks like there's a terrific holiday season coming. this is the main reason why there's movement in the polls. look at this. in key battleground states, the president's approval rating is above 50% purity of this election is a referendum on

mr. trump come into this coming as energy and popularity to carry the gop may carry a bigger majority in the senate. beginning to think the gop has a good shot at keeping control. have you seen early voting? republicans in key states, arizona, florida, georgia and indiana, montana, tennessee and yes texas. the presentation of the naysayers to be wrong. the to be run through the to be wrong. the market didn't crash when he was elected. they went straight at taking your 401(k) with it. the economy didn't tank. it doubled the rate of growth for the obama years in the president's approval rating recovered to the best level of his presidency right before the election. five days to go do not count him out. the third hour of "varney & company" is about to begin. ♪

two powerhouse names going to join us very shortly. larry kudlow and brent there will talked to mr. kudlow about the market, the economy in china trade. i want to know if brent agrees with me about gop momentum. both on the show very shortly. this hour. the dow 30 is low, mostly of the green and the dow is now up 164 points. economist paul donovan is with us. paul, i think you heard me taken so i want to know if republicans keep the house and they extend the majority in the senate, if that happens, does the stock market goes straight up? >> no i don't think it does necessarily. the concern for investors if there is a continued republican majority is what that does to the deficit. the u.s. is running a trillion dollars deficit this year and that is a growing concern. debt is the thing that comes up

amongst more clients around the world than anything else i think at the moment. that doesn't mean that the market doesn't rally, but it would be something which might temper the enthusiasm. stuart: take the other side of the coin of the democrats retake the house of representatives, does the market go down? >> at the moment kind of financial markets are assuming democratic control of the house. that's in the price and i think it's been in the price for a number of months now. but we would end up obviously is a certain degree of gridlock in that event and markets would be too worried about that. divided government doesn't mean anything one way or the other. it doesn't actually have a meaningful impact. the concern might be if there is gridlock in washington may be the administration doubles down on the area that can control and receiver taxation of trade. let's be clear, it is very bad for the equity market and i

think that might be a worry. that's a risk case, not the base case. stuart: got it. wages in america moving up at the fastest pace in 10 years in the job market extremely strong in the economy is growing very nicely thank you very much. looks to me like we're heading towards a very strong holiday spending season. i've been saying about all morning a lot of people have been throwing cold water on it. what do you say? >> to get a fairly reasonable holiday spending. wages aren't as important as they used to be here in the united states. there's a variety of reasons for that. one is a lot more people are self-employed and used to be the case in the wage number doesn't necessarily reflect their income levels. of course if you look at the employment participation rate, the number of people in america who have jobs as a share of the population is actually quite low. wages are a little bit less important than they used to be. household income is fairly decent. consumers are supporting the economy.

it's not going to get a 4% rate. sorry to disagree with you but it's just not. if you give us a fairly reasonable 3% rate of growth. that's above trend and will continue to support the u.s. economy as we go into 2019. trade do that okay, paul predicable englishman can have a disagreement on american television. nothing wrong with that. >> a cup of tea to talk it over. stuart: you are an englishman. you're going to stay in america? >> i'm very happy to be british. stuart: you may be back. thank you for you much, paula. let's talk big talk for a second. stocks looking to recover from what was a brutal october. bringing mitchell green, cofounder of lead edge capital and he's invested in companies like uber comest bona fide, alibaba. welcome to the program. tell me what's going on with big type. is the party absolutely over or

is it time to buy because predictive, which is it? >> i think we're having a little break right now. but the reality is these big tech companies are generating substantial earnings, becoming bigger and bigger every day. but a lot of these companies have sold off whether it's tough in china or the united states like netflix or spotify, what is cheaper can get cheaper. a three to four year view these things would get much higher. stuart: mitchell, that's the view of most of our viewers. most of the people watching this program or a long-term individual investors. i'm reading between the lines which sounds like if you got the longer-term horizon, to commit three, four, five years, this is not a bad time to be buying into the text of a summer is that okay with you? >> i think that's a great way to think about it. these things can get way cheaper

but i think you want to buy and it's great for retail investors to start vineland institutional investors are out and make some money off of them. stuart: out. in five hours we get apple's financial results, the report "after the bell." we usually focus on the iphone sales come in but i think you're more interested in software, the streaming, services. why? >> i don't have -- we are not involved in apple right now. apple is becoming more and more a software-based as obviously. but you know, the stock moves on iphone shipment sales. i have no arguing with the quarter will be like. if the stock is substantially off its highs i suspect negative news is probably built into the

stock price. i followed very closely as streaming business but they don't provide a lot of a lot of details are not specifically. stuart: the streaming business interests you. does me, too appeared extraordinary development. thank you for joining us. we will see you again soon. thank you. general motors offering buyouts to 18,000 salaried workers. when that news came out yesterday, the stock rallied. this morning is down 2%. can you imagine not? take a 10 out of your management workforce. now take a look at tough love. elon musk says tesla's cars will be able to find a parking spot on their own next year. investors like it i'm not sure i believe it. check hbo in dish. hbo and cinemax are not available on dish network right

now. the two sides can agree on terms for a new distribution agreement. both stocks up a fraction. the president says republicans will, quote, totally protect people with preexisting conditions. but he says democrats will not. we've got that one for you. looks like the polls are moving in president trump's favor. the blue wave not so much. fox news bret baier on this program very soon. also a lot of positive economic signs that could be good news for republicans. coming up, top economic adviser to president trump, larry kudlow. jam pack show for you of course. the third hour of "varney & company." ♪ ix in the last decade.

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trained to take a look of desperate new fox poll showed president trump is high cumbersome approval rating rating high and rising in senate outgrown state could look at the numbers. arizona 52% approval. indiana 50% of the tennessee 58%, north dakota 61%. approval. the president also continues his marathon of rallies with just five days ago. today he'll be in missouri rallying for republican senate candidate josh foley. west virginia in indiana tomorrow. montana and florida saturday. georgia and tennessee sunday. ohio, indiana, missouri on monday. >> at a given monday night in missouri. stuart: that's right. one of the big issues in the election, health care. the president says republicans will totally protect people with preexisting conditions while he says democrats will not. democrats have been hammering the gop on this issue.

betsy mccoy is it best to explain it all. tell me how the president proposes to protect people with preexisting conditions. >> let me make it clear he's absolutely committed to the spirit he called them a telephone himself and said betsy and made a promise during the election to protect people with preexisting conditions and i'm going to keep that promise. stuart: how's he going to do it? >> republicans are committed to paying for the cost of caring for the sick people preexisting conditions out of general revenues for the democrats tried to force the small number of people in the individual market who are healthy to carry the entire burden that's why premiums for a bomb of care have tripled since those plans were introduced. i'm concerned about this comest stuart, because this entire mid-turn election could turn on this big lie. almost all the democratic ads are perpetuating the lie that republicans want to take away protections for preexisting conditions.

that is not true. from the premise that the only way to protect people with preexisting conditions mr. obamacare. it's not the only way. it's just a way because it imposes the entire cost on buyers in the individual market. republican alternatives take general revenues and say we're going to pay for the very sick out of general revenues to let premiums go down for healthy buyers. >> did the president call you after one of your fiery ones earlier? >> the fact is he knows i share his commitment to doing this but it's absolutely sincere. he's going to do it for an executive order. stuart: just so happens judge napolitano is listening to this. >> lyndon johnson happy as can be that we are paying for health insurance out of general revenues. where is that in the constitution? there were three legs to obamacare. the individual mandate, employer mandate, grade testing conditions. republicans only get rid of the

individual mandate. they did not get rid of the employer mandate for the application to cover preexisting conditions. they transferred it to the taxpayer. >> that's a lot clearer. >> it is not fair for anybody. >> it's over very large number of people rather than imposing it on a small number of people. stuart: there's lots of things not in the constitution that we have. >> someone gives you a ham sandwich that sometimes additional. >> any form of government action is sometimes additional. >> unfortunately the supreme court ruled obamacare is constitutional otherwise -- otherwise -- federal takeover of health insurance would have been undone by the court. stuart: more important things to discuss. mainly open enrollment begins today. the trump administration has made some changes. >> very positive changes. the big change is free and

healthy individuals to buy other options instead of the overpriced obamacare plan. they can buy what are called short-term plans which is a bigger choice of benefits you don't have to buy if you don't have a child for example. and you get price break if you're healthy. that's a major change. more choices exit ramps off obamacare so people can buy affordable insurance. with happen under obamacare is the middle classes become the new uninsured. stuart: i don't have to pay a penalty if i don't have insurance. i'm sure the judge will approve of that. >> i do approve of that. i don't approve of the president being able to make these programs affordable and available because his successor could make them unavailable. should be available the free market could the federal government will turn health care the post office today keeps micromanaging. >> that's obamacare.

what the president is doing is taking that existing law and using the regulatory authorities embedded in outlaw the best way he can to provide relief for people stuck in the individual market. stuart: i'm so glad you're on the show today. he exhausts me. [laughter] >> yet you keep asking me back. stuart: we like him. [laughter] stuart: judge, betsy, always a pleasure. this is a time when we checked different markets. price of gold $12.33. actually up 18 bucks today. how about bitcoin, where are we? 6300. the price of oil at 6566. almost. sixty-four dollars per barrel down 1%. and because of that decline in oil prices for 22 straight days the price of gas has come down. the national average breaking

below 280. 279 to be precise. now this. the gentleman on your screen in a rowboat, he's getting ready to spend two months rowing 3000 miles across the atlantic ocean on his own. he's a veteran. he's raising awareness and money for other veterans and he is going to be on the show this very day. but first, check this out. an eco-friendly super yacht complete with solar panels and his propelled by a sky sale. stuart: that's the ss barney. stuart: you can go months without ever needing to come back to land. the price is $103 million. [laughter] that's the cheap version. we'll be right back. ♪

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than your customers thought possible. comcast business. beyond fast. stuart: the past blood space telescope is dead printer friendly ran out of fuel. it launched up enough to last six years. it actually lasted nine. help discover thousands of planets. it's currently in a safe orbit far from earth.

nasa will send the command to it will turn up the transmitter leaving it silent and drifting in orbit. it had a pretty good run. video from a volcano erupting in indonesia. that's remarkable stat spewing lava and lightning. it's a phenomenon that hasn't been understood until recently. happens on the right mix of ash, gasses super lava bubble up from below the earth surface. that is remarkable video. take a look at this. the world's first warehouse with no humans run entirely by robots. the warehouses in china china principle process run by robots. doing a job usually done by warehouse workers and forklift operators. the japanese startup company develops this. long-term they want to help automate in the u.s. watch out for your job. coming up, fox news bret baier.

in my opinion they are moving in president trump's favor. before we talk to bret baier we are joined by top economic adviser to president trump, larry kudlow. the president just spoke with china xi jinping. we will ask mr. kudlow about that conversation plus the market in the economy, you'll get it all after this. ♪ we started making wine in 1948... [sfx: bottle sounds on conveyor] one bottle at a time. today, we produce nearly 20 million cases a year. chubb has helped us grow for the past 30 years... they helped us prevent equipment problems during harvest and provided guidance when we started exporting internationally.

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stuart: if you look at the big ward you will see a 220-point rally. i'm doing the math clinton wants to put five days, the dow has gone up almost 1000 coins. we are holding a rally. check the s&p 500. where's that? up 1%. check the nasdaq up two. it is up 1%. nice rally there. big tech names beaten-down for most about over. not exactly a major comeback. we've got facebook down 151. amazon, apple, alphabet up, microsoft tiny fraction.

larry kudlow, top economic adviser to president trump. larry kudlow, welcome back to the program. thank you. >> open up on the screen to tweet the president turned where he's talking about his call was xi jinping of china. that's a relatively positive tone that is taking on china trade. can you tell us anymore? >> i can't go into details but you're quite right. i think what's really important here is number one the call itself because i don't think they've spoken in a while. number two, they did talk about trade and number three, the trade talk was, let me say, had a positive tone. no deals, no nothing like that. i guess people should assume at this point that the g20 and a couple weeks down in argentina they will continue their discussions and trade will be on

the agenda. that's the read i would use. stuart: we got it. we'll take it as a positive. all morning long i've been saying that wages are going up short sharply at 3% gain. consumer confidence is at an 18 year high in saying we in for a great holiday season. they be a blowout fourth quarter as well. all morning long they've been pouring cold water on me. >> i am with you on this one. absolutely. these confidence measures are not to be trifled with. they are telling you a positive story. i spoke to the small business people today in the nfib numbers are huge. the consumer sentiment index came out of the blue. nobody expected it. that included the stock market

and people are still confident. here's the point. the blue-collar workers are experiencing the biggest gain in employment since the mid-1980s and furthermore as you noted, overall moving in the 3% down. the blue-collar segment is having the fastest increase, stuart. not the highest wage, but they are growing their wages, rising faster than white collar. believe me i'm not a class warrior. i want everybody to prosper at work and be successful and it doesn't cause inflation or any of that nonsense. i'm saying this as a middle-class recovery as well as everybody else. that is precisely what president trump wanted. stuart: the big jobs report, 8:30, first thing tomorrow

morning. i'm going to be disappointed if it's not least 225,000 new jobs. would you say? >> i'm going to spare you a couple of forecasts. i will say this just as a warning. the caa, council of economic advisers has taken a look at the hurricanes and we may see a 60,000 drop from the hurricanes. this is very inexact. the labor department won't adjust for this. there's an arafat or around that. could be 30, could be 90, so forth and so on. we have to be careful here and recognize probably you are going to get the noise from the hurricanes. stuart: you're setting me up for disappointment i can tell. >> that's right. being as honest as i can. would love to see 200 or 300,000 that were being as honest as we can. stuart: are we going to get back

to that? the wonderful days of ronald reagan tax cuts, economic growth and extraordinary job creation. back then was maybe 30 or 40 million fewer americans we were getting 300, 400,000 new jobs per month. that was back then. why can't we get the same numbers now? >> well, there's a reason why you couldn't. remember, i was there. i was a cub scout at columbia for president reagan. after a deep recession in a deity to, very deep recession. so stuart, the balance is bigger. the balance is bigger coming off this decline. we are not in this position now. unfortunately the prior administration's policies didn't give us a big balance. the stuff you're talking about should have happened in 2010, 11, 12 and never really did. that's the mistake. because the tax cut today and

the rollback of regulations, we are seeing a resurgence in the economy. people said it couldn't be done but in fact we're in a percent plus economic boom. 3.5% in third quarter. for .2%. i agree with your assessment of very strong fourth quarter. i think that is spot on. capital expenditures, business equipment, plants, technology, campuses, all that you see a much stronger number i believe because you can see the durable goods shipments and orders are showing us. cap goods, productivity, better real wages, clicking on all cylinders. confidence is high. fatter paychecks. very optimistic about this story. stuart: the president is issuing a warning. if the democrats retake the house in the november election is five days away, the stock market goes down.

>> well, i have set a number of times that one of the factors were in the stock market or rally in the stock market is the possibility of a new house of representatives, a takeover if you will. that may lead to efforts to raise taxes and take away what we've done and to continue to raise regulations could go up against energy, for example. this is not certain. i'm not going to give you a political forecaster decide it's going to stay in republican hands. i strongly believe, stuart, president trump would veto any tax hike and he would veto any regulatory legislation that raised greg said he would veto any legislation that topped the great energy boom, which by the way is not only supplying power, is also supplying good paying jobs. but there is a risk in the house and making people should heed

the president's view. stuart: i understand you are vehemently opposed to raising the federal minimum wage. >> book, idaho is different from new york. alabama is different from massachusetts. how can you have a national federal wage? i don't understand not? the federal government should have jurisdiction over the states anyway in a matter like this. conditions are different in the states. the cost of living is different. the state of business is different. if you're going to do and i'm not in favor of minimum wage, by the way, but if you do it you cannot do at the federal national level. i completely oppose that. amazon, jeff bezos raise it to $15 for his private company, private-sector company. that's great. that's terrific. fatter paychecks. i'm all for that. but i'm totally opposed to the federal government dictating wages like that.

it just doesn't work. states are different. cities are different. regions are different. stuart: are you staying around, larry? are you still having fun? t. want to stay in your job well after the election into next year operate through 2020, you're happy guy? >> i'm a happy guy. this is the most fun i've ever had. i love the issues. i love the policies and the president has been great to me. by the way i got a chance to interview him yesterday that her employment conference. i don't think that's ever been done in the history a senior staff guy interviewing the president but he was great fun. president has been accessible to me. i see him frequently involved in the politics of it. my saintly wife, stuart who ♪ , told me in this job was offered that i should take it.

she said you've been studying 40 years for this job. the president said to me on the phone were talking, this is the job you've always wanted and this is correct. i'm honored to have this job and i'm grateful for it and i have no plans of leaving. i service the president's pleasure. stuart: please tell your stately wife that i agree she's right. larry, you're all right, sir. we'll see you again soon. i wanted it to to the migrant care of and. president trump says he wants maybe 15,000 troops at the border to stop from coming in. we will talk to bret baier about that in a moment, but also the midterms. five days we'll find out who controls congress for the next two years. republicans have the momentum here. i say where's the blue wave? i don't see it. that's next. ♪ only half the story?

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neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems, allergic reactions, kidney injuries and capillary leak syndrome have occurred. report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. in patients with sickle cell disorders, serious, sometimes fatal crises can occur. the most common side effect is bone and muscle ache. ask your doctor about neulasta onpro. pay no more than $5 per dose with copay card. ashley: this morning maria bartiromo had the chance to sit down with steve ballmer. listen to what he had to say about china. roll tape. >> 90% of companies in china use the microsoft operating system

but like 1% pay. >> certainly a few years ago that's right. >> 90% of companies are using the microsoft operating platforms and only 1% pay for it. what are we going to do that china keeps stealing everything this way? that's extraordinary. >> i'm a free trader by nature. i went to school in economics. the best thing for the world. this is absolutely clear in the rules don't apply in china. the u.s. government needs to do something.

stuart: lookouts at google headquarters in new york city. employees walking off the job. this is a day of protest over the company's handling of misconduct claims. hundreds of employees around the world taking part in the protest today worldwide. a new fox poll is out. the show's president trump's approval rating is high and rising in five key senate battleground states. but your screen. the president continues his campaign rally blitz ahead of the midterms. he's gone to seven state in five days. special report posed bret baier is with me now. my interpretation of these numbers in the polls as there's a certain momentum building for the president and for republicans, certainly senate

races. >> good morning. the senate race clearly has shifted towards the president and republicans in part because loopholes we have about the approval rating in some of those states is significant. north dakota for example you have 61% approval rating in north dakota. that is why that raised it seems like heidi heitkamp is getting beat pretty soundly, at least according to our polls and others across the board in some of those key races, the president's approval rating is much higher than those senate candidates are getting. that affects the dynamics of the race. on the house side, the republicans had some momentum about two weeks ago, but the pipe bomb situation in the synagogue shooting and the focus shifting has shifted some of those suburban races it appears and it looks like it's leaning towards the democrat.

stuart: is this becoming a referendum on president trump? he's right the middle of these rallies around the country. is it a referendum on him? >> the most part it is. he said that end i think some of these races really focus on the president and his policies. i think some of the house races are individual and make it into individual personalities and where those people stand. for the most part the president plays and a lot of these races, stu, and he is going to 11 cities in eight states, but eight states that he won in 2016, some of them substantially. he's trying to move those races across the finish line. stuart: let's talk about the migrant caravans obviously still headed for the southern border. the president says he's sending more troops may be up to 15,000. seems to me again it seems like

the caravan immigration has emerged and the other big election issue along with the economy. >> because the president has put it there. obviously, the caravan is not scheduled to get to the u.s.-mexican border for several weeks even if they hop on the buses and trains. you know, it depends on how you phrase it, but the border security is key. if you ask people around the country what is the most important issue to them, depends on the place you are, but health care sometimes number one, economies sometimes number one. immigration falls to three, four, five depending on the state you're in. stuart: are you getting excited? >> this is like super bowl. it's really great. when we get into the whole night of election night, there's nothing like it. you are calling races. things are happening, breaking news. just one free-flowing live event. stuart: and you love it.

>> i love it. stuart: we can tell. coming up to new york and i know you're going to. thanks very much, good stuff. i'm going to put a follow on the screen. he's throwing about. the man on the screen, he's going to celebrate celebrate christmas, new year's and his 40th birthday alone on the high seas. he's rowing across the atlantic raising money for veterans. what a guy. by the way, he is with us next. ♪ making my dreams a reality

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we're all under one roof now. congratulations. thank you. how many kids? my two. his three. along with two dogs and jake, our new parrot. that is quite the family. quite a lot of colleges to pay for though.

a lot of colleges. you get any financial advice? yeah, but i'm pretty sure it's the same plan they sold me before. well your situation's totally changed now. right, right. how 'bout a plan that works for 5 kids, 2 dogs and jake over here? that would be great. that would be great. that okay with you, jake? get a portfolio that works for you now and as your needs change from td ameritrade investment management. stuart: how about this. a veteran rowing across the atlantic, and got it, by himself, doing it to raise money for veterans. tim crockett, an englishman with a military background. welcome to the show. you are formal royal marine commander, special boat service, which is like the american seals. you are doing this, how long is it going to take you? >> 50 days or less, which means i have to average 60 miles a day to get across in that time.

stuart: 60 miles a day. you're going to be fed. >> said in a little bit crazy. stuart: it's all true. have you got communications with people not totally out there? >> so for safety reasons we have done a certain amount of productivity, speak to the race control in any other inflation that will help get us across in the most efficient and safe way. stuart: i know you're raising money for veterans, awareness for veterans. it seems they keep them strong motivation to row across the atlantic. >> yes, having spent most of my adult life either on or under the water and comfortable environment. i wouldn't say like you but i'm happy to work in a certain place. a few years ago i reconnected with an old marine buddy of mine over social media and learns that he took his own life about six weeks later because of ptsd.

it was at that point that i kind of found new renewed motivation to do something, to have more impact on that sort of set me on my way and decided that it is really the notion lived up to that challenge. >> are you with two particular charities? >> in the u.k. to combat stress, one of the oldest charities devoted to combat stress as they call it in the u.k. set up on the back of world war i. over here at organization, which works with clinical professionals that make their own time to help servicemen and women dealing with mental health issues. stuart: are you coming back to america after you make it across there? >> that the plan, yes. the race starts in the canary islands off the north coast of africa and that we make our way using the trade winds across to antigua and obviously will

recover the boat back here. stuart: seriously, i do want is a pejorative word. are you scared? >> no. again, uncomfortable the environment. this has been two years in the planning. a lot has gone into it. i've got support from a young company who has provided disorder support to yacht races around the world. a guy team of doctors that can provide a telemedicine support. i've got a lot of people helping me behind the scenes. all i got to do is sit in my boat and keep growing. stuart: that's all you've got to do. get out there in row. i think it's terrific and were very happy to have you on the show. you've gone through christmas and new year's in your 40th birth date. come on back and tell us how you do. thank you for being here. we appreciate it. there will be, and again i promise this every time. there will be more "varney"

after this. ♪ . . .

stuart: is fitbit's stock up 24%? i'll tell you. they just posted their first profit in two years. that is always good for you. ash ash that will do it. stuart: it did it. lukewarm sales at spotify. it is down 5 1/2%. how is this for the last story of the day. people are turning to the black market for weed, in marijuana, in canada. go. ashley: end on a high note. ah. this is because pot became legal in canada october the 17th, with much ballyhoo, fanfare, turns out the infrastructure was not really in place. we've seen long lines. distribution licenses have been very slow to be handed out. so because of that, even if you go online to order your pot, you can't. it is just very, very difficult

right now. so guess what? the black market. the black market is -- stuart: that is broccoli. that is broccoli. ashley: you can smoke broccoli if you like. the black market is doing it is now legal to smoke. they can't get ahold of the stuff until everything is put in place. so the black market dealers are saying business is great. they're breaking the law, by the way, they're not licensed once you order it from the local dealer you can smoke it legally. stuart: fine last story. not quite the last story. we have a better one. the dow industrials moving nicely ahead. ash and i did the math this morning. if you add up the gain in the last 2 1/2 years, you're up pretty close to 1000 points on the dow, pretty close. ashley: we held the rally. which we haven't done for most of october. this current rally, today's

rally has a lot to do with president trump's tweet. he talked to and called president xi of china. they had a positive conversation about china trade. when that news came out the market went up, added another leg higher. there you have it. we're up 200. neil. i believe you're back. take it away neil, you're back. neil: thank you, for my friend connell mcshane while i was out. a lot happening in the days intervening here. the market wants to restablize on november 1st, all saints day, looking for heavenly guidance on that. this is something stuart pointed out. if you have any doubts that this market sort of moves along on