>> it was a pleasure. have a great day. seize the day. "varney & company" begins right now. take it away. >> good morning, everyone. let's get serious, the virus has not been contained. here is the latest, 106 deaths 4500 cases reported in china. hong kong restricts travel and a cross-border contact with china. factory in school closures have been extended, technology operations are shut until february 10th. and the government will build three new hospitals, that is the city where foxconn build iphone components pre-consider this. hong kong university says there are actually 40000 cases and were not getting the full story from the chinese authorities. look at this, the market is

coming back a little. it was down 450 points yesterd yesterday, we do not know how big a bite the virus will take out of china's economy and we don't know how long the disruption will last. this morning the dow will open with a triple digit gain, down 450 yesterday up maybe 130 at the opening bell. s&p of 20 and the nasdaq of 75. a rebound. now look at apple, it reports for earnings this afternoon, what it has to say will be make or break for the market. down $9 yesterday, up $3 today in premarket action. two items on the president schedule, number one he presents his peace plan at 12 noon eastern today. then he heads to south jersey and they are lining up for the big rally and left them in the arena of three, he speaks at seven. this is the big deal. the place is packed. "varney & company" is about to

begin. ♪. stu.stu: straight to the virus,s we said 106 dead, more than 4500 infected, that's according to the health authorities in china. jordan chang is with us. there is some suspicion that the authorities are underestimating the extent of this virus. >> they certainly are. as hong kong university researchers said 44000 cases in wuhan alone on saturday. that is one city. this virus is jumping around china. they would not be building hospitals if they were infections. people are now saying that this is going to peek only in april and other big cities, another one connected to you on and i heard sean hi. but the point is, this is going to go on for quite some time and the infection is probably going

to be in the hundreds of thousands. >> that means that the economy in china has slowed down and places shut down for a period of months. that will have to take -- this is speculation, understood. but if that comes to pass, it will take a big bite at the china's gdp. >> is also conjunction. many people say you don't have to worry about the slowdown in manufacturing in china because chinese consumers are going up. they have not been. this will put a crimp into that. you are going to see china which is the economy will be flat on its back. the central government will be a compensation for that because they will put money into the economy. you have to remember they put a lot of money into the economy and it is barely growing. in reality, china laster grew the same as the u.s., it did not grow at the 6.1% cases the claim. they have a lot of problems

there. stu: within china is tightly controlled or are there some messages slipping to the internet going online that are critical to the beijing report of xi jinping. >> they have gone out to a lot of messages of chernobyl. it was a nuclear accident in 1986. five and half years before the soviet union fell. there's a lot of chernobyl conversation. >> suggesting that they could be facing a turn noble like situation down the road. and also the same thing they're doing is going after xi jinping in those messages also get deleted but the chinese are very clever so what they do is they use the word trump and they say trump is in trouble or i want to see trump such and such. what they say, i want to go after xi jinping, the chinese ruler. because a political system that he runs has been made much worse, that information does not go up, decisions do not get made

until the top leaders make a decision. by the way the you wuhan mayor a couple of hours ago said i could not do anything because i did not get instructions from the top. >> serious stuff. we thank you for being here. stu: let's get to apple, they report their earnings "after the bell" today premarket up three bucks but yesterday down nine. that could be a ripple effect on apple because of the virus in china. susan lee is in california. what impact could the china virus have on apple. >> china accounts for a fifth of apple fails according to the report they put together more than 50% of iphones in china. this is a big deal. apple has two suppliers and the epicenter of wuhan. and a city close to shanghai. those factors have been told to close until february the ninth.

you can imagine there will be production delays and supply chain for a huge company like apple, this will have a big impact. china has also been a drag for apple over the past year, they have been dealing with a slowing economy and therefore slowing iphone cells and losing competition. and they have been trying to right size and the larger economy, cutting prices on the iphones, installment plans, and hoping apps and services will makeup for falling iphone sales. you can bet your bottom dollar that tim cook will be asked about this later on today. the impact of the coronavirus and the second major market in the world. stu: we will be waiting for your report when the earnings come out. just after 4:00 o'clock eastern time this afternoon. let's move away from the virus, away from china, the market, breaking economic news. we have the numbers on home prices. >> it's starting to accelerate, this is of november last year, it is starting to move a three and half percent.

month over month up over 2.6%. we are talking about home prices going up. why because the inventory is at record lows. when you have that there's a lack of entry-level homes out there. so that is a problem, the hottest market phoenix, charlotte and tampa. phoenix up 5.9% year-over-year. stu: arizona looking practical to buy homes and the prices are going up. >> i'm surprised you did not say new york. there's a reason for that. president trump is going to hold big rally in wildwood new jersey tonight you see them lineup. thousands and thousands of people there. everybody is talking about. follow trump supporters. everybody is talking about a viral video on donlan and cnn

show making a mockery. it insulted mockery of trump supporters. >> donald trump could not find ukraine on a map if you have the u in a picture of a physical crane next to it. you know this is a administration defined by ignorance of the world. that is partly him playing to their base and their audience in the boomer demo that backs donald trump. >> your leaders in your geography and your map in your spelling. [laughter] in your math in your reading. >> making fun of the rest of the spring wall street journal kind of guy is with us now. that reminds me of hillary clinton about the deplorable spring. >> i think people are bound to be offended in insulted by the arrogance. but the irony of the segment and the trump administration defined

by the ignorance of the world. their coverage is defined by its ignorance of the story that they are supposed to be covering. they have basically swallowed and are now promoting this fairytale that donald trump has abuse ukraine and the firing of the clinton ambassador was some kind of setback for the country. you go back to her 2016 senate testimony. russia is occupying part of the country, thousands of people have been killed, she acknowledges russians are violating the cease-fire moving heavy records in ukraine. she never says a word about getting weapons to allow ukrainians to defend themselves. she is making demands of ukraine. one senator says it sounds like were being covered by ukraine and the russians. they need to get on that. stu: i got update the market on the left-hand side now we are up

112 points for the dow, 17 s&p. 17 for the nasdaq. here is what's coming up on the show. 11:15 a.m. the cdc holds a news conference on outbreak of the virus. five confirmed cases here, we will bring you a headline when we get it. plus the president presents his plan at noon today pray the palestinians are having nothing to do with this. and coming up we have mike bloomberg 2020 campaign senior advisor, i will ask him as a democrat nonminority will socialist vote for multibillionaire. i cannot see it. more morning after w this. so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style.

♪

stu: you're looking at life pictures from paris, firefighters demonstrating their. i thought the he had withdrawn his demand. >> he has not, these firefighters are upset with pension reform and they say they need increase recognition of

profession and they need paid enter pay raise and they need more manpower. in the union would organize this and it's typical in france and always comes down to this. there will be teargas, flares, little mad bombs that they fear into trash cans. i've been in the middle of these before and it's the same thing. they were going and, someone else will probably join by the end of the day. that's what the french do these days. this is the state different right now. stu: gotcha. john bolton wormer chief of staff is calling on him to withdraw the new tell-all book. >> this is extremely important. we want the president to consult the best possible advisors in

whatever he discusses with them will not in the press or in books. the best thing would be ambassador bolton to pull the book until mr. trump leaves office or until the election in november. >> that his contribution, the wall street journal joined in calling for bolton to reveal what he knows publicly. james freeman still with us. if bolton comes out or testifies for example, doesn't that open the door for good republicans to open the door for hunter biden and joe biden and anybody else. >> absolutely. i think adam schiff to raise the issue not just of ukraine but hunter biden's business still leans in china last week. it does not smell any better than the ukraine deal. you have an issue where the bidens have promised never to do these deals again. but they have never explained what he got for all that money. hunter biden as we discussed during the obama administration ukraine never got the weapons it wanted to defend itself but hunter biden got rich.

that goes to the core question, was it unreasonable for president to say i think you want to look into hunter biden situation where he's unqualified getting paid a lot of money to sit on a board and to this day he has not explained what he did for that money. >> it might well come out if this things goes forward and is called as a witness. we should see. thank you very much. stu: i would democrat caucus, it is a monday of next week. i multibillionaire mike bloomberg is coming on real strong, joining me now to my brian the senior advisor to the bloomberg 2020 campaign. i am going to suggest a thing. i think your guy mike bloomberg may well be the nominee. he might win the nomination for democrat. >> i agree. >> in a general election, can you see all those left he leftit supporters of worn in sanders supporting a multibillionaire. >> i cannot see a. >> ranger game a little bit.

you said in the introduction socialist for mike bloomberg, but the definition, the biggest socialist in this campaign is donald trump who has run up a trillion dollar deficit -- spending $30 billion bailing out farmers who are innocent bystanders -- no mike bloombergs a coalition of independent. stu: i am done. i'm going to ask you again. you think elizabeth warren supporters and bernie sanders supporters will vote for mike bloomberg if he's a democrat nominee. >> i think democrats understand there is a fire in the white house and will come together in a unified way in the selection but they have not before. i think it's a unique thing that

will occur in this election. i think mike bloomberg has different parts of the party, he's a per maddock progressive and a lot of appeal to a lot of voters including independence. that's what he's rising in the polls and that's why donald trump is afraid. >> has he brought his way up in the polls? >> i think you can buy exposure you cannot fight an election. if you could bite an election tom steyer would not be at one or 2%. mike bloomberg has a proven track record of a public servant, businessman and employer enterprise. they know his story in a self-made man and he was not born with a silver foot in his mouth. he's proving to voters he can address that they really care about the public health, better access to high-quality education, better infrastructure in the creation of jobs of authentic pathway to the middle class. >> i think you came on to make fun of trump -- >> you don't answer the questi question. >> i don't think the way you

position the question as a service to democratic voters and to the business community and the independence who understand this is the most important election of our lifetime and we have a candidate right now in mike bloomberg who could not only defeat donald trump and take the battle to his doorstep directly, but can solve problems. he has done in the past and he can do it again. stu: i think you split the party. $54 billion. [inaudible] >> people on the campaign trail railing against billionaires. >> i appreciate your perspective but you are sitting in a bubble in new york. i've been out on a campaign trail in wisconsin, michigan, pennsylvania, north carolina, arizona, florida and what i hear from boaters on the road is a

very different -- [inaudible] >> i'm not sure what you're reading or where you're drawing your pages from. this is not as what happening in the real world in middle america where voters are going to make themselves heard. stu: most of our viewers are in the real world of america. >> have you talked to voters. stu: all the time. >> michigan, pennsylvania? >> not directly. the reality is that these voters want a change in mike bloomberg's answer to those needs. stu: it was good to have you on the show. i am not in a bubble and i will break out of that bubble and we'll talk again. >> let's keep talking and i'd like you to get outside your bubble every now and again. stu: thank you for joining us. thank you. hillary clinton has hinted she was to run against president trump she's employing trump

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download the my account app to manage your appointments making today's xfinity customer service simple, easy, awesome. i'll pass. stu: i'm told that i lived in a bubble. my daughter sent me a jeff of guys running around in bubbles.

[laughter] let's get serious. hillary clinton has her eye on the campaign trail again. >> i know you are not running but do feel the urge that i could beat him if i were her i wish -- >> i certainly feel the urge because i feel like the 2015 election was really an odd time and outcome in the more we learn is seems to be the pace. but i will support the people who are running now and do everything i can to help elect the democratic nominee. stu: talk about living in a bubble. if are going with that theme. >> really conceited 2016. it is rather or not result. president trump was out there campaigning night and day, she was with bruce springsteen with fundraisers for her coronation. >> everything going on now, the

audit economic gains, the strong military, that's odd apparently. and as your former guest campaign present for mr. bloomberg said there's a fire in the white house. hillary clinton is calling odd. stu: i gotta wrap this up and take it to the open. the wall street up -- let's get to break

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stu: we are about to ring the bell to open the days trading. this is tuesday morning. the third or fourth day in which the virus has some impact on the market. it is 930 eastern, we are up and running, let's see how we do in the very, very early days. the first couple of minutes, we have the dow up 79 points in the left-hand side of the screen, remember the dow is down 450 points yesterday. we are back up 70 this morning. the s&p 500, let's see what that is doing, that is up nearly a half percent. ended decent rebound. in the nasdaq pretty much the same. a decent rebound indeed. about .75% higher per let's look at what's affected by the virus.

biotech stocks, they have been going up recently, this morning two of them are down big. gambling stocks all went down because of trouble in macau where they get the revenue, a very modest bounce back for all of them. travel stocks were down, this morning most bouncing back. airlines were down, where are they, this morning bouncing back. hotel's were down in this morning bounce back. modest bounce back across the board. i want to show you apple, that stock has doubled in the past 12 months. the stock in the market right now is up just $3 at $3.12. ashley, and dr with us. it is a virus still a negative factor on the market. >> yes the virus is in the very short term.

definitely headline risk. we will see more bounces up and down as things come through. as an analyst and trader perspective. the virus i am looking at two things, how fast will it spread, gordon told us that is still the problem. how acute is it, how dangerous is it. it's a 3% - 4% mortality rate. nowhere near a bull' ebola's rate. this is not going to have a significant ongoing impact on the market, stars did not, evil and did not, i don't expect this one to in the three to six month period. >> the chinese economy is so much bigger than it was 17 years ago. this affects the chinese economy as they slow down and other companies and countries could slow down also. gordon mentioned it, you have to wait for the incubation period to be over perhaps to understand the real threat to the market. we could look at a spread in other major chinese cities in

april and may coming to the end of this. stu: that was gordon change in speculation but not to be ignored. >> he got that from hong kong researchers. stu: they put out a study and said order 4000 cases in hunan province. which means it's not over yet. >> the college in london said 100,000, their estimate around the world. stu: right now we bounced up 100 points at the very early part of trading today. we were down 450 by the close yesterday. i will call it a modest bounce as we speak. earlier today some of the big names were reporting earnings, we will run them on the left-hand side of the screen. overall how have prophets measured up his earnings season. >> we have about -- a lot of stocks are reported this week and next very big weeks. that's where the real story will be told. so far were a little better than we were hoping which is the

markets of everything else going on and i think your assertion that the big companies have to do really well is true but i would say on the majority if half of them don't do very well we can have some problems. if most of the big six, if four of the big six do well i think we will see more help for the market. stu: let's see if i get that right. that six being apple, microsoft, amazon, facebook, google and. >> did you say microsoft, netflix we can throw in there. >> look at starbucks. we have one investment firm that says it has the most exposure to china followed by mcdonald's and domino's. starbucks bouncing back a little this morning, 13 cents back at $88 a share. would you be a seller of any of

these like mcdonald's for example would you sell it? >> mcdonald's exposure has been dropping and they have been closing stores. it will not be such a big story for mcdonald's pre-die think starbucks has 18% of their stores worldwide are in china. so i think while the earnings may not reflect anything today, forward guidance will show they are going to slow down growth in china and they are going to expect revenue not to be higher. i would get out of starbucks before the earnings and if it's fine get back in. i think there's too much downside risk. >> 10% of sales are in china. that's a big percentage. despite competition from walking coffee. stu: i think the market is trying to decide how long this virus problem persists in china. how deep will it buy into china's economy. and what the ripple effects on our economy will actually be. that is what the market is trained to assess.

very difficult to assess and accurately because there's so many things you just don't know. a lot of speculation involved. that is only 50-point bounce back from a 450-point drop yesterday implying to me that the virus is still a factor in the market. >> is not a sustained drop. we had friday down, yesterday down, if you remember the second ebola case, we had four straight down days and drove the market down 8%. so this is not being seen as severe. stu: overall check we are now up 60 points on the dow, we are nicely higher on the s&p and the nasdaq. biogen, talk to separate store, nothing to do the virus, biogen's alzheimer drug has a decent shot at fda approval. not too much for the stock, just

up 84 cents. harley-davidson is down this morning, they reported earlier, what's the problem. >> revenue down 8.5%. u.s. retail sales down 3.1%. it's been a tough go for harley-davidson especially in the u.s. the customer is getting older and the tried to reach out to younger cyclist, not working. stu: i used to own a motorcycle. real power. nowadays you would not get me on a motorcycle. [laughter] you can pay me too get on it and i would. a ten year treasury yield. that's in a porn indicator. still way down 1.61%. that means money is still going on pushing the yield down on the price up. price of gold is down $1.80. price and oil, 52.98. down six days in a row. and the price of gas by the way

is now back to $2.50 a gallon. the national average. >> down six days in a row. >> missouri you can get a gallon of gas at $2.12. i'm sure we will see some stations in texas in missouri at a dollar .99. >> $2.14 at the costco in delaware. stu: when you walk into costco, do people recognize you? i bet they do. >> on occasion they have. stu: you get mobbed in the costco. [laughter] stu: boeing is reporting earnings before the bell toda today -- before the bell tomorrow morning $3.70 per they secretsecure 12 billion for morn a dozen banks. this is to prop them up during the max jet problem. fitzgerald said the stock would drop to $200 a share. that was chief fitzgerald what

says dr? >> i don't take the opposite side from him but i will on this one. i like your purchase, i like where you got it, i think 320 level is going to be key above there. this thing has upside. it will bounce around a lot while plays out. if you want to look at a year or two, i will take 400 before 200. stu: people don't know, i bought some boeing with some of the profits i made in microsoft i put into boeing and bought at 330. i owe most are him off the show yesterday. it went down to $200 a share. by the way, tomorrow maria bartiromo will be interviewing dave calhoun that will be 830 eastern time tomorrow afternoon. that's a big interview. 9:40 a.m., already. it goes fast. thank you very much.

goodbye. [laughter] we are up 60 points but we are down for 50 yesterday, that is not much of about. thousands, tens of thousands of trump supporters have descended on the beach town of wildwood new jersey. this is in the middle of winter. it does not look like it but it's cold out there. this is for the president's rally tonight. we have the truck 2020 campaign on the show at the 11:00 o'clock hour and i'll be asking for a preview. what will they see tonight, tens of thousands of people lined up. one stayed over, people leaving new york, the one state over, new york, we will tell you about the high cost of taxes that are driving the exit. we have more effects on the virus of american business in china, starbucks, they are all closing stores over there, we have businessman andy coming up. more varney after this.

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stu: bottom line, only 50-point bounce after 450-point drop yesterday. the market is still cautious because of the virus. here is news that just came out us. britain gives the green light to huawei to go parts of britain's 5g network, to do something that donald trump does not want him to do. >> absolutely, he's put a lot of pressure on force johnson to say you have to keep the company out of the 5g rollout. but the british government said no they will not be involved in the call of the 5g network or the brain that will be involved in the periphery, 35% of the equipment used in the periphery

like radio will be using huawei. they say it's only a minor part, not a key part but the administration putting out the statement when they heard the news saying the united states is disappointed by the uk's position. there is no safe option to control any part of the 5g network and it goes on to say they look forward to working with them in an exclusion of un-trusted vendor components from 5g networks and they say we continue to do with the countries and they cannot use the term on trusted vendors and any party. >> while we will turn up in the trade talk. >> britain was under pressure from big chinese companies through their government saying if you do not allow huawei we will start upping our tents and leaving. it was economic pressure as well. >> as we've been telling you the virus has forced american businesses in china to close

stores and they have a problem over there. joining us now is andy puzder who has run carl's jr. and hardee's. i see the store closures and interruptions in the supply chain. my question is, how big a deal is this trying to do business in china. >> it's a big deal for americans to do business in china. american companies have already been moving out of china because of the tariffs and the difficulty dealing with the chinese government and this just emphasizes the real internal problems and they have not dealt well with the epidemics in china. stu: i hate to interrupt you like this, do you have any american business which is seriously considering pulling out and getting out of china. >> if you mean for sales, i don't know any selling in china that want to leave however,

manufacturing in china, you are seeing apple moving some to texas, moving to other countries in southeast asia, norman manufacturers has been moving for years because labor costs have gone up in china. these tariffs are driving people who produce in china to other venues because less risky. stu: let's talk america's economy and how were doing. i read your piece, democrats doing their best to scare americans with our economy is robust and there's room for growth. can we get 3% growth this year do you think? >> yes we can get 3% growth this year. we will continue to see the benefits of the tax cut, deregulation and a focus on domestic energy. in addition to that we now have the usmca which has 68 billion to gdp and will help all industries particular manufacturing and we have the

deal with china were they will build $200 billion more from the u.s. in the next two years. we have the uncertainty surrounding trade and tariffs that has been greatly diminished in american businesses should invest in it they begin to invest in consumer spending stays stronger which it should we should see 3% gdp growth. i'm encouraged by this coming year. >> you see no possibility wherever of a recession this year. >> no possibility of a recession this year. the american people don't believe that either. six out of ten americans rated the economy excellent or good, six out of ten said they thought it was getting better. and 42% credited president trump and the republicans were as 9% are buying in to the argument by the democrat due to obama. the numbers were the president are very good in the american people in general. stu: good stuff. andy puzder thank you. we will see you again soon.

the dow up picking up a little steam. we have 26 of the 30 in the green. they are up, the dow industrial up 80 points at 28600. the biotech company, let's see if i can get the pronunciation right. the stock popping up on the virus, they are working on a vaccine, are they close to getting it. i will ask the company's president next. he is on the show.

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stu: 3m stock is down 4.5% lower in week china demand. look at fisa also down sharply. sales are down in the stock is down 3.3%. how about the biotech company. nana virunanoviricides because e virus. anil diwan the president of the committee. i want to clarify, you work on treatments, not vaccines. for people who have already got it in my getting that right.

>> yes. stu: how close are you to a treatment for the virus. >> in this scenario were between 4 - 6 weeks from having it in hand and we have our own in your fracturing capability for patients. it will take four weeks to produce. we have not yet gotten any trials but we have gotten the technology which is required for one of the first drugs that we have heard were in good shape that if the who and other agencies decide that it should be something that goes forward we will be able to bring it into the hands of the people. stu: you are talking of probably a couple more months at the very least. >> between 2 - treatments.

>> but it's a treatment, the difference between treatment and faxing, vaccine you have to get to a large number of people and that becomes a lot of challenges. sometimes it's a month before available for a vaccine this we can get much faster. >> we are told this virus mutates and is it possible that the treatment you come up with a couple of months down the road would then be rendered not useless but ineffective because the virus mutated on. >> that is the magic of technology. what we discovered is no matter how much a virus mutates it lands under the same surface. in this case that's where the virus plans. so what we do block the receptor

which people have done in the past. we actually have a copy of the receptor that will bind to the virus. and when we bring that we take that copy and attach it to a membrane which makes it look like a cell membrane to the virus and engulfed by the membrane, it's not a hard particle, it's a system where it turned around and wrapped onto the virus that the beauty of technology. because of that the virus mutates and as long as it lands under the same receptor and will continue to work. stu: i'm looking at your stock, it popped over the last few days, now it is down 30%. i take it that's because you have competition in the treatment field, maybe that

bringing into market earlier. why is your stock down so much all of a sudden. >> we cannot make him comment on stock prices but i can give you analysis. the stock was up and down as you know. we had to do a 22 reverse last september and before that the highest we had reached was $140 a few years ago. and then the stock has been declining which did not have anything to do with the technology of the performance of the company. what happens if you have a candidate and there is a lot of excitement and technology and you show it works. stu: i have to interrupt you i apologize. thank you very much for being on the show today. i'm very interested in your product. nanoviricides. thank you for joining us.

president trump to unveil the mid east please plan in the white house, that is two hours from now. the main point is the palestinians are not on board. four years after moving the election of trump, hillary clinton is not quite over it. we will tell you what she has to say now. 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, . . hing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes,

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stuart: whoa, just hit 10:00 eastern time. should tell you this is a very big week, big day for the president too. at 12 noon he announces his middle east peace plan. that is at 12 noon. later this afternoon, a big rally in new jersey. that is tonight. he will sign the usmca deal, that is tomorrow, wednesday. by the way, don't forget we're six days from the iowa caucuses. we have all of that coming up on the show later. but right now, check that market. we're up 100 points. not much of a bounce-back after the 450 point big down day yesterday. it is the virus crisis. that is what is still affecting the market.

a moment ago the latest read on consumer confidence. that is an important number, ashley. ashley: a great number. stuart: is it? ashley: 131.6. expectations, and i know you love that term a lot lower than that. it is a blowout number. strong job market. economy humming along, thank you very much. consumer confidence so important to the u.s. economy, when you think consumerism is about 70% of the entire economy. very good number. stuart: scott shellady, come into this please. that looks like a very good number, very strong consumer confidence. just what mr. trump wants to hear. >> i was saying same thing. a great shot in the arm especially this time while going through all this impeachment garbage. again as ashley said, 70% of the economy is the consumer. to still see them very confident willing to go out there, spend, take risk, feel good about their situation will be very good going forward. stuart: impeachment garbage, that will live on videotape forever, my friend, that's a

fact. check the big board. we got a very modest pop on the dow with the news of that. we actually hit high of the morning. moments ago we were up over 120 points. now we're up 114. 28,650. and now this. prediction, the democrats will lose key swing states in november and because of that, they will lose the election. their problem is fracking. okay. that sounds a little farfetched. you lose a presidential election because after drilling technique? yes. that is what i'm saying. let me explain. joe biden, bernie sanders, elizabeth warren, democrat front-runners, all either ban fracking outright or severely restrict it. now, in pennsylvania, ohio, michigan, swing states all, there are 700,000 fracking jobs, well-paid fracking jobs. i just can't see those states voting for a democrat who would

kill all of those jobs. when push comes to shove, voters prefer the here and now of a well-paid job, to the future doom and gloom of the climate brigade. democrats are asking white -- working-class people to abandon their prosperity. family are saving a lot of money on home heating bills. fracking produces natural gas. fracking driven down the price. you want to give that up, pay through the nose, and pray for some global warming? i don't think so. same with gasoline, it is cheap, the drilling industry produced so much oil, we got a glut, prices are low. cripple the drillers, and gas prices go up. since when have people voted for job cuts and higher prices? there are 200,000 oil and gas workers in colorado, 200,000 in florida, 320,000 in pennsylvania, 400,000 in ohio and michigan combined. that is a million jobs in

politically very important states. i repeat my prediction. kill fracking, kill our energy independence, and the democrats lose in november. now listen to this. >> what about stopping fracking and stopping pipelines infrastructure and -- >> new pipelines, exactly. by the way,. stuart: there you go. that was joe over the weekend. with me now, bill mcgurn. you want to say it, bill mcgurn. >> bill mcgurn. stuart: you're "wall street journal" guy. >> one of them. stuart: yes, one of them. what is your response to what joe biden just said and my editorial? >> i think that's right. in 2016 one of hillary clinton's biggest mistakes when she said we'll put a lot of coal miners out of work. she was actually being quite honest about her policies. joe biden, a lot of other democrats have the same policy. they seem to be making the same

mistake. they don't realize for a lot of people that you mentioned in these states, the war on fossil fuels, is a war on fossil fuel workers. as you mentioned, one of the other benefits you didn't mention it has liberated foreign policy we're not hostage to opec or venezuela or russia anymore. so it has given us a lot more flexibility, am i going a bit too far though, i often do, i'm wondering if i go too far now, because, say the election, presidential election hangs on rather obscure, not widely understood drilling process? >> right. stuart: maybe i'm going a little far. >> maybe with a piece of other parts of the democratic agenda. your right, with all talk about polls, it will come down to few or 10 battleground states a lot of states, former industrial midwest, have a lot of

blue-collar workers voted for president trump twice and then voted for donald trump. when you watch the democrats on stage talking about all these spending things, so forth, i don't see how they appeal to those kind of people. the same thing, by the way, mayor bloomberg, touting himself as a moderate. do you think mayor bloomberg is going to sell in pennsylvania and ohio? not just fracking. guns, the whole panoply of -- stuart: green revolution. >> very much, exactly. stuart: he doesn't like fossil fuels. i don't know whether he would ban fracking or restrict it. but he doesn't like it. >> right. stuart: i can't see it playing, i can't see it. >> i don't see it either. that is a big mistake. that is where the democratic party is. joe biden is trying to win a democratic primary where his two main opponents are very left-wing progressive, elizabeth warren and bernie sanders. that is what you have to do win. stuart: glorious stuff. bill mcgurn. >> thank you, sir.

stuart: get back to the markets. we're holding on to a modest gain after several down days we're up modestly. come back again, where is he? scott shellady. there is. i lost you for a second there lad. >> how can you lose me? stuart: no answer for that one, son, no answer. do you think this has makings the virus has the makings of a black swan event? >> the best answer, i thought long and hard, we don't know yet. we'll have to see if the cases exponentially rise. i don't want to put people to sleep with a lot of numbers. think about it, when it is just the flu here in the u.s., we have 30 and 45 million cases a year, which 150 to 800,000 end up hospitalizations. then we lose unfortunately between say 12 and 60,000 people a year to the flu virus. i think already 8,000 this year. stuart: yeah. >> we're not talking anywhere

near those numbers yet. the market is retrenching looking at perspective with this i think why you're seeing market settle down. if we start to see things exponentially rise, we have a different story. stuart: look. you don't shut down america's economy because of multiple deaths from flu. you don't even slow it down at all. but over there with the virus you just clamped down on that economy and you know we had experts on the show this morning this could go on until april or even may, which would take a huge chunk out of china's economy. >> it would and we also perspective, stuart. 50 million people out of 1.4 or 5 billion people? it is a big number yes but all the numbers in china are big numbers. we have to take with another bit of perspective. there are reports that it may run the course 10 or 14 days. i see that come across the desk. we'll have to wait and see. we're not done with that. stuart: you may have moved

market. a very good consumer confidence number, gung-ho approach to the virus. go on. >> up with last thing, you were talking to bill mcgurn about, this will be a thing going forward, stuart, you made a very, important point, the left, get woke or get canceled. they will be the ones middle america will not stand for, put pressure on fossil fuel companies, make these guys not go to restaurants. they will not want to buy their stocks. watch what happens to the fossil fuel companies, antifa on the left will try to do to these people because they hate the fossil fuels so much. that will be very interesting. stuart: sure is. we'll cover it too. thanks very much, scott shellady, who can miss the man with a cow jacket. >> see you. stuart: lauren, do we have any update on a cure, a cure. lauren: vaccine. stuart: or vaccine for the virus. >> there is a race for a vaccine between hong kong, china, u.s. the south china morning post

says hong kong has one. first you have to test it on animals. that takes a couple months. they caution at least a year for human tests. we're far off. i want to show you stocks moving because of screening tests that they have. some are very promising. meridian is one of those companies. they have a component. it looks good. codiagnostics is another. you have our major drugmakers, johnson & johnson, merck, they are repurposing the drugs they already have. sending hiv drug to china. maybe this can help. stuart: screening test. who got it. >> nasal or throat swab. you get results in a few hours. stuart: that would be very important thing if they got it. hillary clinton says, yes, she has the urge to run in 2020, saying she thinks she could beat president trump if she ran again. later this hour i will break it down with brian kilmeade. plus at uc berkeley, there

is a new class, all about adulting, got that? adulting, teaching students how to budget, apply for jobs, to navigate the adult world. we have that later this hour if you can stand it. at noon today, president trump unveils new mideast peace plan. president. palestinians are not involved. will it get off the ground then? we're asking that question next. g your credit card debt into one monthly payment. and get your interest rate right so you can save big. get a no-fee personal loan up to $100k.

get a no-fee personal loan investment opportunities beyfirsthand, like biotech.ne because your investments deserve the full story. t. rowe price invest with confidence. stuart: this is the second high for the day. we're up nearly 150 point. very solid consumer confidence number at the top of 10:00. it is what, what do you say? okay. so we've just turned positive for this calendar year by recovering 150 points, we've now gone positive for the year. you should know that. how about apple.

what are they doing right now? they report earnings after the bell this afternoon, they're creeping up. down nine yesterday. up four today. 313 your price. president trump welcomed israel's prime minister netanyahu to the white house yesterday. they will reveal and discuss the middle east peace plan. take a listen to what the president said about palestinian. roll tape. >> did you speak to the palestinians about your plan, palestinian president? because -- >> we will be reporting on that tomorrow. it is something they should want. they probably won't want it initially but i think in the end they will. i think in the end they will want it. it is very good for them. in fact it is overly good to them. we'll see what happens. without them we don't do the deal. that is okay. they're not living well. we cut off aid to palestinians and something i don't like to do but we did that and we think that there is a very good chance they are going to want this. stuart: let's bring in matthew brodsky with the gold institute for international strategy. matthew, if the palestinians are

not involved and they're not, then the president says we won't do the deal. this thing will not get off the ground, is it? >> i think you're going to have a period of time where everyone is going to look at the details of the deal. it is very true that the palestinian side has completely engaged from the process, has rejected the deal even before seeing it, decided that they didn't even want to be involved in the process but i think the problem there goes beyond that because if you recall last june there was an economic conference the administration put on in bahrain, all designed to bolster the economy for the palestinian people and improve their lives. this is something where again, the palestinian leadership decided to try to get the arab world and palestinians themselves to boycott this conference. so at some point they will have to stop shooting themselves in the foot. stuart: yeah, but fair point, but if they're not going to be there, and they're not involved in this, doesn't that leave the world, the view open for israel

to just continue to do what it is doing and win, doesn't it? >> well, i think the main thing here is that the palestinian side is going to have to come to the table because by simply rejecting things as they have done for decades and successive peace offers -- stuart: what will make them come to the table? you say they must come to the table eventually. really? >> at some point they have to deal with the mythology they're basically promoting amongst themselves which is simply not a red line any israeli offer could ever cross. they're simply not going to get all jews out of jerusalem or have the return of five million refugees to israel while there is in fact a palestinian state next door. so there has to be based on reality. that is what this plan is going to do. stuart: whichever palestinian leader brings them into any kind of peace arrangement that will create a civil war amongst

palestinians because you will always have a large number who will reject it all completely and they have got a lot of guns. >> clearly that is already the case because hamas is a terrorist organization that runs gaza and has pledged israel destruction through military means. but i think what the fact the administration done with its approach to reach out to the palestinian to go over the palestinian authority to try to help the people because that's where it matters most. of course the palestinian authority believes the status quo is in its favor. the palestinian people i believe feel quite differently. that is why reaching out to them to put pressure from below up top is going to make a difference hopefully. stuart: yes, hopefully indeed. wouldn't that be a wonderful thing? so, thanks for joining us on the program today, what a timely appearance. we appreciate it sir, thank you very much. >> okay, now then i was accused last hour of living in a bubble moi?

accused -- lauren: you do. stuart: look at graphic. that is very clever. it was a bloomberg campaign advisor who said you're living in a bubble. we'll play the exchange for you again. you the viewer responded the interview again big time. a bubble reminds me of? >> can you go in the bubble? >> because of the germs. >> the gloves, mask, whole production. [laughter]. >> so then he makes his own bed? >> that is one of the things we fight about. during that time, we handed out millions of dollars to thousands of contestants. i thought, "what if we paid the contestants "their winnings in gold instead of cash and prizes?" back in 1976, we had a wonderful contestant named lee whose three-day winnings were valued at $12,850 and you know what? that was a pretty big haul back in 1976.

so i wondered, "what would've happened "if lee had put $12,850 in cash "and then put $12,850 "in gold in a safe, just sitting there, "side by side from 1976 until now?" well, i went back and i ran the numbers, and what i found was amazing. we all know that $12,850 in cash would still be sitting there, but it would be worth a whole lot less than it was in 1976. but that $12,850 dollars in gold, safely stored away, it's worth $135,000 as of the taping of this commercial. now, that's more than 10 times the original amount. and that's why i've been putting my money in precious metals for years. and i don't see any reason to stop now. - [narrator] if you've bought gold in the past or would like to learn more about why physical gold should be an important part of your portfolio, pick up the phone and call and receive the complete guide to buying gold, which will provide you important,

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stuart: never heard it before. but i don't mind you running it, why we're playing the song. i'll tell you, we're playing that song because this happened last hour. roll tape. i think you split the party. >> stuart, i think, and i appreciate your perspective but you're sitting in a bubble in new york. stuart: common. >> pennsylvania, new york, arizona, florida, i'm hearing from voters on the road here -- stuart: our viewers do not believe i'm sitting inside after bubble with the elites. >> i'm not sure what you're reading. stuart: most of our viewers -- >> have you talked to voters, stuart? have you talked to voters? stuart: all the time. look, it was good having you on the show. i'm glad you came. i'm not in a bubble. i will break out of that bubble. we'll talk again. breaking out of the bubble. any response in the mail. ashley: we had a lot of viewers writing in on that interview, stu. begin with nathan. simply cut off that bloomberg supporter. short, sharp, and sweet. from paul, says i watched the

interview with the bloomberg mouthpiece. why would anyone want more government programs and spending to fix the problems caused by government programs and spending? you don't live in a bubble. the progressive live in a state of denial. stuart: yes, yes. lauren: i got one too. stuart: what do you got. lauren: that fares sy sieve you had on earlier gave the time, so-called bloomberg spokesman i was hoping to pull the plug. his overtalking was annoying me, because of his motor mouth i missed the whole interview. stuart: that is a problem when you have a guest on the show. you ask a question. and they won't stop with their answer. they won't let you get in with supplementary. you end up talking on people. i don't like doing that. the audience gets nothing out of it. it was accused living in a bubble got to me. my daughter sent me, a gif. ashley: gif. stuart: sent me a gif of people

running around in bubble coats it was entertaining. here is real entertainment for you ladies and gentlemen. listen to this, the beatles recorded dozens of stocks songs we all know that. in april 1964, they had 12 songs on the billboard top 100 list. can you name any five of them? after the break. we'll tell you all about it. ♪. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. i am not for ignoring the first sign of a cold.

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[inaudible]. stuart: our thanks to by the way, sultan of arizona who provided the quiz. we asked you before the break can you name five of the 12 beatles songs were all in the top 100 billboard's top 100 in april 1964. ashley, can you name five. ashley: i have the top five, number five, please, please me. first one i they released back in the uk. i wanna hold your hand. she loves you. twist and shout, number one, can't buy me love. everybody tells you so. stuart: lauren, can you name any? lauren: hey, jude. that is my favorite. stuart: not in '64. lauren: i wasn't born in 1964. stuart: i was. i was a teenager. all right, all right. thanks, sult man. great stuff. keep on -- dow is high of the day, up 180 points.

28,715. very good consumer confidence numbers at 10:00. market went from there. let's go to the new york stock exchange. health related stocks that were up big are now down. jackie deangelis. what is going on, tell me? >> good morning, stuart, the headline regarding the coronavirus, a vaccine developed by researchers in hong kong. it needs more time to be tested. the market is up 171 points but a sea of red on some health stocks we're seeing green yesterday as defensive plays when it came to the virus. alpha, protect, make masks on your face. they were up 20%. now down an equal amount. you can see a very fluid situation. the market is volatile on the coronavirus but we'll be monitoring all day for you. stuart: jackie, thank you very much indeed. let's talk about mcdonald's. they're one of the american companies one of the american

companies shutting down operations in china because of the outbreak. bob derrin. ton is with us now. how much will the slowdown in china hurt profits of mcdonald's? >> you know, stuart, i think it will be a relatively small amount. typically the china, you know, market for mcdonald's is roughly about 1% or so of its operating income. so, out of abundance of caution they closed stores. i think ultimately, you know this quarter, the first calendar quarter, first fiscal quarter for the company will be a little bit softer than otherwise but i think ultimately through the course of the year, the company will do well. while this new chicken biscuit will be an antidote for the virus i did save a mcgriddle if you want one. stuart: if i was anywhere near you i would come down to get it.

mcdonald's stock has done very well. i follow it, the thing has gone well above 200, 211 where it is now. some people would say, they got a bit of a setback in china a little bit of a setback, why not sell it? take your money off the table. why not? what is your advice? >> my own opinion i think mcdonald's is clearly one of the leaders in the industry if not the lead company. they are so far ahead of the rest of the industry as far as tech innovation, what that will bring to their business. i see the cup as half full. i see clearly a long way to go for mcdonald's in their performance and i think they will have a very strong year this year. i think at the will have a strong year next year. so i would never recommend against taking profits, but i still leak mcdonald's. stuart: okay. talk to me about fake meat. not selling well at burger king. we got the report, whopper is impossible whopper not selling

well. should mcdonald's stay aweigh from the fake meat business? >> i think what the franchisee's like the company to do, continue to investigate, to decide whether it really makes sense, before they roll anything out, they come to the franchise council. i think they will talk with me. i think the company is trying to build a good relationship with the franchise es. they don't want to throw anything at the public, the market, franchise operators that ultimately doesn't work in the marketplace. stuart: quickly last one, they tried to shake up their corporate culture. any progress there? >> you know i think the new ceo probably not pronouncing quite correct, even though they helped us practice that, i think he is trying to do the right thing for the company. i think they're trying to set high standards within the company's infrastructure and hold their people accountable to ultimately doing the right thing and i think that is more than just saying something.

i think that something they will enforce. so in that regard, i think they're taking the correct approach. stuart: bob, i don't know if you saw the rest of the show this morning but i was accused earlier living in a bubble. i want to prove categorically i don't live in a bubble. i'm a very frequent mcdonald's customer. at least once a week i'm in a mcdonald's and i love it. very pleased to have you on the show. you're a mcdonald's supporter. hope you come back soon. >> thank you, stuart. stuart: the bubble graphic on your screens now, complete with the bubbling sound in the background. thanks, bob, see you soon. new york and federal trade commission suing "farmer bro." why are they suing him? lauren: they are suing him because they want him banned for life from the pharmaceutical industry. they accuse him orchestrating a scheme to raise the price of his

drug, and boxing out of competition, making no again maker available that would be bad for patients that need the drug. they're facing one supplier and huge price tag. stuart: he is in prison for fraud. now think want to go after him on another story, whatever is connected with the drug price. martin shkreli is back at least on the screen. i think he is still in prison. yes he is. switch gears, look at esports. videogame star, his name is ninja. he signed one gigantic contract. how much for? ashley: we think estimated 20 to $30 million to play videogames. ninja, real name tyler blevins i was on switch platform. he switched to another platform, mixer. he has deals with adidas, red bull. set michael jordan of his time if you like, e-sports.

it ice big get for the mixer platform. they have this star who signed this multiyear contract. it is amazing. lauren: which is owned by microsoft. stuart: ah. pity i sold it. ashley: you dead well, come on. stuart: just such a revelation, isn't it? ashley: yeah. stuart: i don't think myself, a lot of viewers did not understand there are 20 million bucks involved for a gamer, e-sports gamer. ashley: almost like the nascar drivers that have patches all over them with sponsorship deals. it is a lot of money, stu. stuart: get a million people watching them. ashley: of course. the kids are playing video games in the basement, there is hope out there. lauren: 13 billion hours reviewed last year. it is a huge market. i'm not part of it. stuart: here is another story. i can't get -- uc berkeley offering adulting casts. adulting, teaching you how to be an adult. if you're oil enough to vote you should already know how to be an adult. don't you?

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stuart: this is the high of the day. now we're up nearly 200 point. i caution you though, remember, yesterday we were down 450. we got a new study and it shows that 32% of new yorkers are looking to leave. this is all about the tax exodus story, right? peter morici is with us. this is all about the tax exodus, high cost of living, 32% of these new yorkers want to get out. that is a pretty strong proportion, peter. >> absolutely. in california it is 50%. both places suffer from the same problem, very high taxes and very poor public services. it is a bad value to live in

new york. once more, given taxes that you have, you're paying over 50% on a marginal rate. if you're a young professional, i have a cousin who is veterinarian, she makes a good living, but with those kind of rates, with student loans to pay, you know, there is no money left to live on. stuart: look, i think this exodus is actually getting worse. >> oh, yes it is. it is. with the tax reform, which no longer permitted new york to raise taxes by taking money from washington but rather, they have to pay their own taxes, folks are starting to look at this mess, say it is not worth it. so many young professionals, unlike a veterinarian can work from home, remotely. a lot of people have their own businesses. if your money, that is your wealth and your work are mobile, you can go to florida and three states profiting from all this nevada, texas and florida.

by the way, in california studies show 50% of the residents want out. stuart: 50%. my goodness me. >> in illinois i bet it is a 100. nobody want to admit because they are afraid the chicago police which rap them on the head. anyone in chicago that doesn't want to leave like someone in sicily that says there is no mob. stuart: uc berkeley in california, offering adult class, teaching them budgets and laundering. what is going on, peter? >> basically they're trying to undo the damage from what they did. they learn to be adult from parents, getting their laundry, does, picking up socks, things like that. discount messy rooms. they're doing that to be rebellious. what do they learn in school? how to be intolerant. how to chant liberal ideology. how not listen to others. view anybody that disagrees with them contempt. lo and behold by the time they graduate from a place like uc berkeley they have no reasoning skills. they behave like absolute bores.

now the president of uc berkeley decided he has to undo that? that is wholly ridiculous to think that he could hire anybody to do that, given the way university presidents are running their institutions. stuart: you got it right, peter. absolutely right. just imagine if i'm a parent, and i'm paying for adulting classes through the nose for my kids, outrageous. peter, out of time. i would love to go on about this. i could rant all day. peter morici. thanks for joining us. >> sure thing. stuart: five days from game day. preparations in miami for sunday's super bowl, chiefs, 49ers, got it. for 54 years they played on a sunday. i say they should be playing on saturday, so i can watch all the way through. i will put that to brian kilmeade. he's next. ♪. whether you're out here on lte

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stuart: doing with us a feature on the owner of the kansas city chiefs what you got? lauren: billionaire family, the hundred family, founded fortune in oil in 1930s in east texas. did you watch the tv show dallas? that is how know them. the inspiration race. watch.

>> not only are the kansas city chiefs in the super bowl, they also named it. legendary chiefs owner lamar hunt coins the term back in 1966 after overseeing the creation of today's nfl but the hunt family has not always been about football. their initial claim to fame was oil. the empire eventually expanded, hotels, real estate, even basketball. the family was so iconic, widely believe the hunts were the inspiration behind the 1980s tv drama, "dallas." the hunt family is one of the richest in the world, a fortune valued at nearly $14 billion. >> i want to thank lamar hunt, norma hunt and clark for taking the chance on me. i really appreciate you guys. lauren: lamar left legendary shoes to fill when he died in 2006 but his son clark has been up to the challenge. >> for clark, it is not an asset but a family. they treat everyone from the person highest paid in the

organization to the person that may clean up, clean up around the building. >> he is very influential on the league. he is one of the brightest guys i have ever spoken to but he also one of the most humble people i ever spoken to. lauren: the chiefs are set to may in their first super bowl in 50 years. the last one was super bowl iv. their one and only title. his wife norma was there. >> believe it or not she has been through every super bowl. she will keep her streak alive. it is pretty amazing. lauren: while the hunts clearly love football, they love their community. opening a chapel inside arrowhead stadium, so fans can attend sunday service without missing a game. >> the organization is family atmosphere. the hunt family, they're engrained in kansas city through and through. lauren: imagining that opening up a chapel in the stadium, watch the game and go to church at same time. norma hunt, the matriarch of the

family, you saw her kissing the trophy, she is one of 16 people in the entire world to be at every single super bowl. it might come full circle this year. ashley and i are rooting for the chiefs. if they win the big game. ashley: sorry 49ers fans. stuart: i didn't know the hunt family was the owner of the chiefs. when you ran that i remembered, from when i was a kid, real young kid, i remember seeing a program on the bbc, i think it was hl hunt, richest man in the world. ashley: yep. >> i remember being astonished he could give one dollar to every person on the planet and still have some left over. ashley: yes. stuart: when you're 8 years old, that makes, that is a big deal. great to see him back on there again. that is big stuff. the current owner is clark hunt. ashley: the son. stuart: he is the son, grandson. lauren: of hl. his dad lamar named super bowl. did you pick that up? the wham-o ball, that used bounce all the time. his kids were all playing with

them. oh, super ball, super bowl. stuart: that is how it got the name. lauren: yep. ashley: we learned something new. stuart: hard to talk to me about football. that is interesting. i will keep the conversation going. brian kilmeade joins us live on the radio. there he is. brian -- >> yes. stuart: why can't they play the super bowl on a saturday so people like me can watch the thing? >> hey, stuart, i'm for it. i never even thought about it before. it was brought up to me. i'm seeing this now. it makes so much more sense. you can't even sigh to the teams, you don't have enough time to get ready. they have plenty of time. they used to one week. they got 13 days. make it 13 days. sunday, you hang out an reflect. monday we can be productive to help the economy which helps your ratings because you don't want people sleeping in, missing your show. stuart: seriously, i said the same thing about the world series. people like me have to go to bed early because we get up in the middle of the night.

what about youngsters, young sports fans? the super bowl doesn't kick off until 8:30 at night on sunday night? won't be past midnight? >> you're exaggerating a little in effort to be accurate to my radio audience, doesn't matter to you guys on the business channel. it is 6:30. for example l.a. is happy about the 3:30 kick-off. i guaranty you this will be electrifying super bowl, there is no other way. no other way. they both have offenses i have never seen before. they both made their name coming back. you don't want to miss a minute. which gives people a lot of opportunity to make a lot of money. stuart: it is on fox. you will be there. i go the it. >> right. stuart: i want to talk to you about hillary clinton. she has been giving us her

thoughts about running for the presidency again. brian, i know you've seen it. watch this again. roll tape. >> i know you're not running but do you ever feel the urge, like i could beat him if i were, i or wish i? >> i, i certainly feel the urge because i feel like the 2016 election was really an odd, an odd time and outcome and more we learn, the more that seems to be the case but i'm going to support the people who are running now and do everything i can to help elect the democratic nominee. stuart: how about that, brian? an odd outcome. >> measured. she had every opportunity to say if it wasn't for russian infiltration, irregularities with irresponsible donald trump. she did not to out of her way to hit him. i thought that was interesting. number two, i was an informed by political experts she can't get on the ballot so she is not

running. if a democrat wins she will have prominent role in that administration if that is something she wants. she clarified something else. everyone is making a big deal of my bernie sanders comments. i said that a year-and-a-half ago before he was even running. she was being honest. i give remember credit for this. he hasn't accomplished anything. his principles are impractical. he hasn't done anything. he at 77 is saying grandiose plans, free healthcare free college for all, they are impractical, illogical, nonsensical. she is saying that. she is making it easier, letting everybody know she is at the tip of the spear. because sanders is winning in iowa, winning in new hampshire, within two points in nevada. if he gets the nomination, barack obama dusts off the cape, comes out and he takes on bernie sanders. this whole party will explode. she is doing the dirty work for the party right now. stuart: that is a very interesting perspective, brian. i'm glad i asked the question.

>> never called me interesting ever, not even in casual conversation. i would like to treasure this moment. stuart: today, i'm bubbleboy. okay? we'll tell you all about it later. i'm bubbleboy today. >> john travolta was brilliant in that role. stuart: brian, you're all right. we'll see you again soon. >> okay. stuart: check the market. high of the day, look at that, look at that! we're up now 226 points. the problem of the virus in the eyes of some investors may be mitigating a little. there is talk of a vaccine being developed in hong kong. the market has come back. remember it was down 450 yesterday but we're back up 220 as of now. take a look at nike, they're selling out of kobe bryant merchandise. give me some more on this. ashley: they have sold out. there was a report earlier from other media outlets they had pulled all the kobe bryant merchandise, because they didn't want people to buy it, resell it for a profit. that is not true.

nike said no, we simply sold out of the merchandise. if you are on the app, you put in a search for kobe, doesn't take you anywhere. it is completely sold out in the wake of his death. stuart: got it. look at apple. they report profits after the bell today. the stock has been on an absolute tear. doubling almost since last january. short seller andrew left joins us shortly. we'll break it down with him. >> apple up six bucks. >> cnn's don lemon led a panel discussion mocking the president and his supporters. reminds me of hillary's deplorable speech. that is coming up on my take which is going to be next. ♪. imagine traveling hassle-free with your golf clubs.

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stuart: all right, it was just like hillary's deplorable and it

will likely have the same effect. don lemon leading discussion saturday night. he mocked the president and his supporters, they thought it was funny to refer to them as illiterate, credulous, what was it? don't take it from me, don't throw anything at your tv and just watch as lemon's panel lists insults and lemon in laughter. >> if you had a letter u and picture of actual ukraine to it. that's partly him playing to their base and play to go their audience, the credulous boomer -- >> are you elitist in your doe

graphy and spelling. >> and reading. [laughter] stuart: you think they would have learned from hillary but they haven't. roll it. >> you can put half of trump supporters into what i call the basketball of deplorables. [laughter] >> right? >> racist, sexist, homophobic, xenophobic, islamophobic, you name it. stuart: for the trump campaign campaign's, from heaven.

they're laughing at you, i was born and raised in class-conscious britain and i know what it's like to be by my better,i didn't like it then and i don't like it now, then let's vote. [laughter] >> who better mark communication director, i'm on something here, that's a losing message. >> and sadly it's not new, basket of deplorables, barack obama called republican people who cling to guns and bibles, that's what they think. what we saw the other night on cnn was reality setting in. donald trump won 2016, he's winning 2020 and not only are they losing that election they are losing their dang minds. stuart: that is true, the video shows and we will run it again later, it's a huge week for the president, middle east plan,

signs usmca tomorrow and before that a wild rally in new jersey, new jersey is a blue state, you have to pick up that state, do you think? >> you know, you to think about it because right now the democrat party has a self-proclaimed socialist, communist sympathizer in bernie sanders who is leading their primary race. i think every state in the union is in play except possibly the people's republic of california and when you look at the fact that the folks have had to open seasonal resorts that are closed, they've had to recall employees just to handle the tens of thousands of people who have requested tickets and have already shown up, there's more people in line right now than this place can even handle. [laughter] stuart: extraordinary stuff, i want to ask you about the iowa caucuses, 6 days away, that's it, your campaign sent an e-mail

yesterday, big list of surrogates that are going to storm into iowa to stump for the president, why are you sending so many people there when the president is actually not on the ballot yet? >> well, you'll have the vice president and the president there later this week and we will be throughout in full force over the weekend and this is just us barely opening up the can here, just giving you a little peek on what's to come and they have no idea what's coming, that is a little bit of a sneak preview. stuart: can you tell us more about it, please? >> we will have folks from the trump campaign in just every part of the state, democrats are caucusing, you should be absolutely assured they'll be somebody from the trump campaign or somebody close to the trump campaign that will be right next door reminding you that it's actually donald trump that will be on the ballot in november. stuart: are you going to be at the rally tonight? >> i won't be able to be there tonight and i don't think i can

get in if i did because there are so many people, i have so -- this is really kind of a record-breaking kind of crowd, folks in new jersey -- stuart: i want to comment on that, new jersey is a blue state and yet we were running video earlier of the lines of people around the block and then around it again just trying to get in. did you say that there are more people outside already than inside or will be very soon? >> well, they'll open the doors this afternoon, there are people lined up there since sunday afternoon, two days before the president arrived and this is new jersey, so it is not the most temperate climate yet they are sitting out there doing all that, they want to make sure they get in to see the president and it's going to be an absolutely rockous crowd. my friends said they don't

remember seeing anything like this. stuart: congratulations, great rally, i'm sure, i wish i could be there but we would see you very soon on the program, mike. >> appreciate it. stuart: sure thing, back to your money, check the market, we are holding onto 200-point gain at this moment, the dow is up 200, again, you to remember we were down 450 yesterday, just received a tweet from the president, here it is, the fed should get smart and lower the rates to make interest competitive with other countries which pay much low e even though we are by far the high standard, we were then focused on paying and refinancing debt, almost no inflation, to years late, that's from the president, it's about the fed, i don't think it moved the market when he put it up. yes, we are, indeed, watching apples after the bell today, new reporting says the spread of the

virus in china my stunt iphone production, may, susan li is with us on the ground, what do you have, susan? >> well, that's something that we will definitely hear from him took a lot of questions on china going forward especially that now fallen because of the slowing chinese economy, but, yes, the coronavirus and impacts production line and i'm sure we'll be asked today, a lot to prove given the stock has rallied 100% in the past year, do earnings justify that, 27 times as earnings and on average over the next 5 years they traded 15 times and they are a big heavy weight, how big on s&p 500? they count 5 cents of the s&p, 5 companies that you include apple over history have surpassed 4% of the s&p, general electric, cisco, if it rallies it drags markets along with them, we will

be hearing first full quarter of iphone 11 sales, tv plus and, of course, china concerns as well, back to you. stuart: thank you, susan li, we will see you a lot of you later on today, thank. today president trump's legal team wraps up opening arguments after making damaging case against the binds and their ties to ukraine, senator rick scott,i ask anymore he wants to hear from former vp and his sons. president trump holding a rally with prime minister of israel. secretary alex azar will give us live update on the response of the virus, we are monitoring that we are bringing you the breaking headlines, more after

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>> we are waiting health and human services secretary alex azar, he will give an update on our american response to virus, we are listing and headlines you'll get them real fast, lauren is with us, hong kong really shutting off travel and contact with mainland china, what else we've got? lauren: they are cutting flights in half, blocking roadways that link to mainland, hong kong researchers show that 40,000 cases can be in incubation stage, those case not yet showing symptoms but nervous, this is much bigger than we thought. >> i'm just going to jump in for a second, i've got this in my ear, the trump administration is considering travel restrictions to china.

lauren: right. >> have i got that right, restrictions on travel to china. lauren: correct. >> stuart: not sure the implications but step up in terms of our responsibility. lauren: china has also stopped issuing travel permits to tourists coming from hong kong, so many countries are trying to limit migration of their citizens. stuart: the situation continues. the virus is not under control at this point, they are still trying to get it under control and the market is has not bounced back completely from the 450-point drop yesterday, we are up 194 as we speak, i want to bring in katie mcfarland. now, i don't see many signs that this virus is being mitigating, i see an increasing sign that china is slowing down, locking up, locking down and xi jinping is under great deal of pressure?

>> he's consumed all the power into his own hands so big power, all power, all risk, he has to watch out that he doesn't have a lot of bad things start happening, so there was hong kong, that sort of died down but the real effects of hong kong is taiwan, taiwan looked at hong kong and said we could be next, they just had an election where they voted for somebody who is advocating a separate nation, not taiwan part of china, the second thing is the chinese economy is slowing down and the promise that the china communist party and xi jinping gave to people, give us all the power, we will give you prosperity and rising standard of living and the third thing is the corona virus and if that spins out of control and the chinese are on lockdown, not only does that exacerbate their problem but makes people wonder what the heck is going on. remember in the sars virus the

chinese took a long time to respond and they wanted to hide from the outside world what was really going on. i don't think they have that option right now. stuart: they can't. >> it's very populated and everybody is bouncing off of each other and germs. ashley: biden op-ed that joe biden put in usa today. let me just read this and we will get into it, trump's demonstrated failures of judgment and repeated rejection of science, this is the angle, make him the worst possible person to lead our country through a global health challenge, he says the virus does not stop borders or walls and that his outlook on the world is not suit today contain

something like this to protect america. you heard that, your response? >> as robert gates said e -- he always have consistent wrong record, donald trump is the toughest guy around or the previous president, previous administration, press vice president. stuart: i think we know how you really feel. you're all right. [laughter] stuart: let me turn away, one more check of the market. we are down -- we are up 200 points. i keep saying it, that's not a great comeback from yesterday's 450-point drop, nod immediate rebound by any means, 26,700 on the dow. how about lockheed martin, take a look at that stock? defense contractor obviously.

earnings out early this morning, revenue doing back, stock is up only half percent, $435 on lockheed martin. trump defense lawyer pam bondi making damaging case against the bidens by laying out ukraine dealings for all to see, we have the sound for that and you're going to hear it. the supreme court is now siding with the administration and forcing new rules that would deny green cards to immigrants who are likely to abuse government programs, live report on that for you, yes, we are breaking down just how much this relieves you the taxpayer.

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edward lawrence there, break it down for us, please. >> they can force the expanded rule for green card holders, people who are trying to get permanent legal status to work in the united states can be denied if they used or if the government deems they'll be on public assistance and that public assistance has been expanded to things like food stamps, housing vouchers, also medicaid in the past, it was just for long-term benefits but now it's for noncash benefits, as i mentioned like food stamps, this was challenged across the country in the courts, 5 judges offered to block this, allowed the administration to enforce it, two cases made it to the supreme court and the supreme court lifted that injunction in 5 to 4 decision, the merits of the case were not discussed. it was just the injunction so the administration can enforce this going forward. stu. stuart: i have to move onto ash, can you tell us how much

taxpayers save if this goes through? >> estimated $100 billion a year. net cost to taxpayers is if this is denied, look, federal benefits are not allowed supposedly to go to illegal immigrants, people here illegally. but in reality, they do. it's estimated 25,000 undocumented workers receive subsidized housing, that's according to -- 25,000 according to urban development, center of immigration studies, 31% of families use the food program that are leer illegally, more than 50% of central americans use one welfare program. let's not forget, of course, the medical costs as well, you know, there's no hospital or clinic that can turn anyone away regardless of your status, whether you're here illegally or not. stuart: will get and save money

for you. no new cases in the united states, he's saying it's a potentially serious health threats but americans shouldn't worry about it. they also do not know if you can transmit the virus before you show the symptoms. that's what he's got to say. ashley: one other note that they made numerous numerous officers to say team to china and each time that has been rejected. stuart: offered to send experts to china, they don't want our help. we are hearing from -- we are waiting to hear from president trump, he's unveiling the middle east peace plan later in the show, 12:00, noon, we are expecting it. democrats demanding that john bolton testify and republicans want bolton's manuscript made available to the senate. florida senator rick scott will join me shortly, i'll ask him if bolton testifies, why can't the

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>> health and human services secretary alex azar talking about the market have not hurt the market, a, no new cases in the united states, b, expanding the screenings to 20 airports in america from 5 and china has rejected 3 times offers of our expertise and help, that's not hurt the market, it's actually pushed up a little, dow is up 225. andrew is with us, research guy, andrew, give me the big picture here, is this maybe a black swan event? >> are you asking me? stuart: i am. >> i didn't know i was with you. i just heard right now. certainly the market doesn't look like it as black-swan event, how truthful is china about what is happening is another concern, it's limited in the u.s., as of now it seems contained, obviously it's not my

expertise but the market is telling you a lot. stuart: okay, let's talk apple, earnings come out after the bell today, do you think the virus is any threat to apple because, you know, china is being slowed down a lot and closed down in places and i wonder if that could affect the iphone production and the stock price. >> no doubt it'll affect this, what's happening now, going to show after the bell for last quarter, but, you know, no doubt, apple is strong enough and durable enough of a company that through their echo, payments and phones and products people can look past one quarter. assuming it can be contained in china there's no reason why this should have long-standing effect on apple whatsoever. stuart: do you have a target price for apple stock, do you that kind of thing? >> apple is the stock that's gone higher on complete multiple expansion recently, if you like it, you sit and hold it, better

than a lot of other things in the stock market. you pretty much guessing the broader economy and people's appear tide for multiples right here. stuart: i don't know whether you shorted tesla, i don't know whether you bet against it, are you still short? >> stuart, no, so years ago i was sure tesla, more than a year ago, more than a year 3 to 4 months ago i wrote article, this was going higher, the stock was $280 and i was the first short to order turn and that's when i saw the model 3 was destroying their competition from the top and the bottom and i also thought that everyone who was supposed to be the electric competition never panned out and why would i short a company that's completely disruptive, i'm sure peloton, something like

that i want to short, a company like tesla which is just completely disrupting the auto industry, one step ahead, 3 steps ahead of everyone else, there's no reason to short it, i cover that short of 280, i bought some of the stock, i sold it way too soon and right now live in no man's land, i wouldn't short the stock, i wouldn't own the stock, i would buy the car and watch the stock as entertainment. stuart: is it the car company of the future? >> no, the car company of the present. right now if you speak to millennials, people say i don't know that i want to plug my car every night. it's happening right now. it's not the future, you'll see a tesla and then you'll see other cars but it will become what iphone is your phone and will appear that model 3 is

transportation, yes. stuart: is elon musk a genius? >> elon musk is a genius, crazy genius no doubt. off beat, no doubt and i think the tesla story was because he seems too off to be a ceo, no doubt, it's actually nice to see someone who creates a product for the better man of the world as he has done against all the nay sayers, kept individuality. hats off to dusk. stuart: i have to close with peloton, i know you shorted it, you thought it was going to go way down, still around 30, $31 a share, 31.04, what do you say? >> this will be down in the next 12 months to 18 months, the stock will be in single digits which makes 2, 3 billion-dollar company which is an expensive

company for a company that makes spin bikes, 3 billion, it's not going to happen immediately but it'll go down. stuart: andrew, you know what you're talk about, we appreciate that, always good. >> have a great day. stuart: thanks, a lot, sir, next case, impeachment, the push for john bolton to testify, it is gaining stream, senator graham support the release of bolton's manuscript to other senators, senator rick scott, republican from florida is with us now, mr. senator, if john bolton is called on the be a witness, why can't you republicans call for joe biden or hunter biden? >> if we have witnesses, two days of asking questions, then we will take a vote on whether we will do any witnesses, if we do any witness, joe biden, i don't know if he will show up,

joe biden, show biden, adam shiv, the whistleblower, it's not just going to be john bolton or john bolton's manuscript. democrats are hypocrites, you look at what chuck schumer said in 1999 or nadler, it's night and day, it's all partisan politics and shouldn't be that way, we should get back to doing something good for america. stuart: i want to run a brief clip from pam bondi, she's a floridan, she really made a blistering case against the biden, forgive me, senator, i i want to let our audience see this, roll the tape, please. >> hunter biden's decision to join barism raised flags immediately, biden went around bragging that he stopped the prosecution. stuart: mr. senator, as you

know, there was a lot more to that. i'm going to go thank my question about hunter or joe biden, would you like to see them testify? >> well, i think -- i think all of us would like to know what happened. i mean, joe biden is sitting there as vice president and brags that he gets a prosecutor fired that's investigating this company that his son is getting paid $83,000 a month, come on, we ought to know these things, but reality is the white house has destroyed adam schiff's case, i don't see a need for witnesses but if we do i think joe biden is right at the top of the list, but pam bondi did a great job, pam and i served together, she was attorney general and i was governor, she did a great job yesterday. stuart: senator schumer says you're covering stuff up, what do you say? >> first off, if the democrats wanted more information, wanted more witnesses, they should have subpoenaed john bolton, they

didn't do it, it was their job so i think the white house has shredded schiff's case? stuart: would you like to see the manuscript, it was leaked to new york times, would you like to see it? >> we will figure that out. right now, right now i think -- i don't think the democrats have a case. stuart: well, i think a lot of people in the country think exactly the same thing and i don't think they are watching what's going on. >> no, it's all partisan. it's not helping the country, let's do some good things. stuart: yeah, 9 months for the election, for heaven sake, senator rick scott, always obliged to you. >> see you, stuart. stuart: back to your money, not quite the high of the day but we are up there, 222, 3m, that's a dow stock and dragging on the dow, i forget what the problem

was with their earning report this morning, a lot of exposure in china, that's the reason, they are down 10 bucks, 5 or 8%, fisa are down almost 4% almost, earnings this morning, profits not looking so good at fisa, now senator rick scott was with us a moment ago, let me bring in breaking news from elizabeth warren. she's unveiled another plan, what is it this time? >> infectious diseases. fighting climate change because climate change helps spread disease. stuart: it does? >> according to her. that is pushing for universal flu shot, universal flu immunization and this is my favorite, putting a hundred billion dollars to national institute of health and getting the money from -- and this is a quote from the release a swear

jar, a swear jar is companies put a portion of their profits when they get public -- when they use publicly funded research, they have to put a portion of what they use to nih. stuart: well, that's the original plan. lauren: we do have a swear jar. ashley: of course. stuart: coming up with a swear jar coming up for whatever. unveil a peace plan, live report from the white house coming up for you, mike bloomberg actually slamming the president's plan, he says this is a peace plan, we are all over this one, back in a moment.

stuart: at 12:00 noon we will get details of middle east peace plan and in preparations we will bring michael, former israeli ambassador to the united states, mr. ambassador, before we go any further, i want to play a sound bite from president trump, i know you've seen it but i want to run it again where he's dealing with palestinians and their nonappearance, roll tape, please. >> it's something they should want, they probably won't want it initially but i think in the end they will, i think in tend they are going to want it, it's very good for them, in fact, it's overly good to them, we will see what happens. we think that there's a good chance that they will want this. stuart: now, mr. ambassador, if they're not part of this deal, how far forward can this deal go? >> good evening, good to be with you, stuart, it can go quite far, this deal is taking into account the fact that the

palestinians have never said yes to any peace plan going back to 1930's, but there's a great opportunity in the middle east today. there's the fact that the vast majority of israelis from both major parties, blue and white support the peace plan, this is a country where people don't agree on anything. there's a willingness in large part to the arab world particularly in the gulf to make peace with israel, to wed israeli technological innovation with arab financial resources, there's tremendous benefits and i don't think either the israeli public to let palestinian rejectism, there's a serious opportunity here and i think that i agree with the president, the palestinians ultimately will accept it and ultimately benefit for the plan. stuart: mr. ambassador, i have kt mcfarland, jared kushner

created this plan. >> yes. stuart: he organized basically, this is his deal, isn't it? >> you bet it is, at the beginning of the trump administration when i was a deputy national security adviser, jared and his other person that was working on it, jason green they understood that in the past it's always been a political conversation, a politician to politician, you know, the palestinians have never wanted it because the palestinian leaders will be out of a job if he ever got a peace deal, jared understood that you to change the landscape and use economic power, how did they change the landscape? improved u.s. relations with the saudis particularly with new young saudi king and particularly jared did that personally so that now the sunnis, the gulf arabs and israel get along with each other than they ever have before, secondly bankrupt iran, bankrupt iran with the sanctions because iran has bankrolled all of the

palestinian groups fighting the israelis, and then next and final is to get rid of solimani, the guy master minding terrorist things. you have a very different landscape, will they have to come to the table, not too long from now. stuart: mr. ambassador; i think you heard that, this is a long-term plan down the road, you will go with that? >> i go wit very much and i also -- i would strengthen the point by saying that america stance against iran has gained tremendous amount of credibility in the middle east and you can build on the credibility in the way it existed in the past and you can't turn around expect arabs and israeli to trust american negotiation for peace deal. that just doesn't work in the middle east. now that america has taken the strong stand, the soleimani

operation was profound evidence and widely supported in israel and arab world. stuart: mr. ambassador, sounds like a realignment of the forces and power plays in the middle east, a real realignment, is it? >> it is, indeed, i think that while we don't talk about this so publicly i think the majority of these arab leaderships particularly in the gulf no longer view israel as an enemy, they view as ally and important ally because we faced a very serious common enemy which many arab states pose existential threat in the form of islamic republic of iran, again, both israelis and arab leaders are unwilling to let palestinian rejection, again, repeatedly prevent us from making the united front. stuart: mr. ambassador, would you comment on mike bloomberg, presidential candidate in the united states who said, look, it wouldn't take me 3 years for a

new peace plan, i'd do it real fast, any comments, sir? >> i'm not going to get in internal american politics, what -- i came to my position as ambassador as historian and i will tell you that making peace with israelis and arabs not something done quickly and requires a lot of thought, i've been in contact with this particular administration about this peace plan, i know how seriously they've taken it and i hope in another hour's time when it's unveiled to see all those efforts bear fruit. stuart: hold on one second, mr. ambassador, kt mcfarland can't resist offering you 30 second on bloomberg. >> wasn't it john kerry, we ought to be able to take care of this in a year and bill clinton said the same thing more or less when he became president. stuart: got it, kt mcfarland, thank you very much, indeed. mr. ambassador, appreciate it. >> good to be with you. stuart: back to the markets,

okay, we are up 200 points for the dow, i keep saying it, not quite the same as the 450-point drop yesterday, comeback there. more varney after this.

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stuart: i want to replay a conversation which i had with someone earlier on the show then i want your comment about bubble boy, roll that tape, please. >> stuart, i think and i appreciate your perspective but you're sitting in a bubble in new york. stuart: come on. >> pennsylvania, north carolina, and florida and what i'm hearing from voters. stuart: our viewers do not believe that i'm sitting in a kind of bubble. >> i'm not sure what you're reading. have you talked to voters, stuart? have you talked to any voters? stuart: all of the time. good having you on the show. i'm not if a bubble and i will break out of the bubble and we will talk again. i'm breaking out of the bubble right now. [laughter] stuart: very good producers, very good. do you have 10 seconds worth of

comment? >> i remember when donald trump was running for president and there was a woman in new hampshire who said who couldn't afford gas for tank and she said donald trump he relates to me, he understands my problems, so he's a billionaire but a hilly billy and a blue-collar billionaire, you may have the english accent and self-made man but i don't think you're in anybody's bubble, if you're there we are all with you. [laughter] stuart: i want to just deal with the market. moderate bounce-back after yesterday's selloff, we are up 222 points, i think the market got some help from alex azar today, health and human cases. no new cases. ashley: that's important. stuart: expanded the list of airports where they're doing screening to 20 from the current 5. but one other thing that he said, i need your comment on, this alex azar said this, look, 3 times we asked china do you want some help from our guys

because we know what we are doing, do you want some help. ashley: they said no. stuart: 3 times rejected. ashley: china has agreed to allow who to send international experts to china as soon as possible to try and get a better understanding, look, the health conversation says they still don't really understand how this thing is transmitted and the severity of the virus itself. a lot not understood right now. stuart: why did they turn down help from donald trump? >> they would lose enormous face if they had asked the americans or let the americans come and show them how to do this, china's whole thing for the last 5 or 7, 10 years has been we are the competitors, we are better than america, we are disciplined, our system is better and if the chinese can't solve their own healthcare issues and have to ask for help from america, they lose enormous face with their own people as well as the rest -- stuart: they are now asking for help, they will accept the help.

>> well, i think monitoring, i think there's a big difference big americans who is always the big brother than world health organization, the international organization, we are all in this together specifically it's the americans coming in and first of all seeing how bad it is, but, secondly, that the chinese can't solve their problems on their own. stuart: that would be interesting to have a firsthand look by american personnel of how they're dealing with it right there in wuhan, it'll be very interesting to see it and they don't want us to see it i guess the way it is. >> wuhan is not beijing, it's not shanghai, it's off in the boonies, and the way china works now what we see in coast of china, modern, everything is great, but in the rest of the country not so great. stuart: we have the market coming back a bit, what investors are trying to do is get a handle on the virus. is it still expanding, how much is it going to slow down china

china''s. ashley: that's pretty good. stuart: not bad, not a full bounce-back. ashley: not bad. stuart: i think we have to take a break, they'll be more after this promise. . . reserve is relea sing official gold american eagle coins at cost. for the incredible price of only $154.00 each. these gold american eagles are official gold coins of the united states,

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we're up 243 point as we speak. now let's take you to neil. standing by for what's going on at the white house coming up in just a few seconds. neil, it is yours. neil: stuart, thank you very, very much. we're waiting to hear from the president of the united states. he will outline his own middle east peace flap in the east room of the white house. other presidents have tried this hopes a more watered-down version will work even though some of the palestinians are not really pleased with this. mahmoud abbas and some others will not be part of this official commemoration to get the ball rolling here but we're watching it very closely because the president said it is a step toward as palestinian state even though at this point it is not an outright palestinian state. we're on that. we're looking at the trump administration plan for travel restrictions to china, meantime upping the number of airports that will having a aggressive screenings going on for this virus.