new record high. apple is worth almost $1.6 trillion. microsoft, the other power mouse going up here, $203 a share. first time i've seen that up 1.25%. i'm done. my time is up, neil it is yours. neil: both those companies pay dividends. you get the best of both worlds. stuart, following up on your fine reporting, hearings going on capitol hill, dr. fauci, head of cdc. nothing moving outside of dr. fauci part of reason for surge in coronavirus testing we've seen increase in community spread. that is to be expected but again this spike in cases that we've seen remains at a bit of a concern particularly in texas. arizona comes to mind as well. that this uptick is noteworthy. but again you will hear a lot including at the hearing today

we're monitoring very closely for you, what is an acceptable surge? they usually like to say three to 5% increase over existing cases and a three to 5% increase of positive cases from what were positive cases before. it is not a hard and fast rule. but we're watching that very, very closely because we're told right now senate cdc is going to start giving specifics to that. i have not seen that before coming to air to join you right now. that is really going to be the big one to follow today, because if that shows to be beyond that range, some of the states that had planned roll outs will delay those rollouts. whether that applies to florida is anyone's guess. right now the cases there have been noteworthy in terms of the spike but so far on the part of the governor there no plans to change the continuing rollout of these sheltering and various phases that will essentially get the entire ocean state open by the end of next month. all right. let's get the latest. excuse me, from edward lawrence,

following all of that very closely in washington. edward? reporter: dr. anthony fauci actually saying that new york city has done a very good job leveling off those cases and getting them under control here. he says it's a real gut check at the moment for those states where they're seeing spikes in the cases. now the president, president donald trump blaming the spikes on more testing going on. the 25 million tests have been given out for the coronavirus already here in the united states. the president again blaming that on, he says, maybe we should slow down on some of the testing. he has conducted 25 million tests as he said. listen to what he said about two hours ago, if he says he was kidding. listen. >> i don't kid. let me just tell you, let me make it clear. we have got the greatest testing program anywhere in the world. we test better than anybody in the world. our tests are the best in the world and we have the most of them. reporter: dr. anthony fauci says

living with the virus tests will be key. he thinks that the way we can track the spread and also lockdown areas if we need to. he says there will actually be more testing. listen. >> to my knowledge i know for sure, but to my knowledge none of us have ever been told to slow down on testing that is just a fact. in fact, we will be doing more testing as you have heard from admiral girard. not only testing to identify people in the isolating contact trace, but much more surveillance if you want to get your arms around and understand exactly what is going on. reporter: dr. fauci saying that the next couple of weeks will be critical in order to see if we can contain the virus. further evidence that is affecting economy, comments last night by white house economic advisor peter navarro. the he initially sent the market

into a trail spin. he walked back the comments, saying that the trade deal is over because the china lied about the coronavirus. he said they were taken widely out of context. he was saying the lack of trust about the communist party lying to us. larry kudlow, economic advisor says the trade deal is intact. that the chinese are doing what they need to do going forward related to it so far and the u.s. is holding their feet to the fire. the bottom line the virus has strained relations to china. according to dr. fauci, there is a gut check to contain that spike. back to you. neil: i don't think the navarro's words were taken out of context. he said what he said. he might have heard what he said from his boss, stop saying what he is saying. reporter: the president tweeted about it. you heard that beep, beep, backing out of those comments. neil: absolute. absolutely. edward lawrence, thank you very

much. back and forth on the trade thing, you might recall when the original comments were coming out of peter navarro, oh, boy, this whole thing is scuttling across the board here, futures markets are very, very worried. he clarified what i meant to say with the president's tweets and everything is on with the trade thing they're hopeful about that. that sort of stablized that little issue. we continued to get good economic news as this day ensued. this is really helping certainly on the mortgage application front. people have been busy as bees coming out of their own shelters to buy new shelters. so that has been helping. u.s. services manufacturing reads, from purchasing managers indexes also showing robust growth. then we got word, it is anecdotal but talks about improvement where 65% of u.s. colleges and universities have indicated that they will have in-person class this is fall. you might recall a little more than a few weeks ago that was looking like more than about 30%.

doublenumber than earlier than thought do plan to have in-person courses. this a lot depends on the rollout and the severity in some uptick in cases here but i always like to emphasize here, across the nation, if you take a national trend, spikes in texas, florida, arizona notwithstanding the trend is your trend there. barely much movement at all nationally, nationally. there are little pocket of details that i will get into in a little later. that is what is fueling this. some big growth in technology stocks, apple today, microsoft today, key dow component hitting all-time highs today. and stuart varney was telling me a little while ago, that is helping nasdaq get to all-time high. jackie deangelis as she always does, following everything right now on this update and can tell us whether that continues. what are you hearing, jackie. reporter: good afternoon to, you neil. china is one piece of the story. market moving higher on recovery hopes.

especially in new york city phase two seems to be going quite well. that is a very positive sign since this is the epicenter of epidemic and things are moving forward. you have got the dow almost up 1%. nasdaq up 1.3%. the leaders there, apple, amazon, facebook, microsoft, alphabet. the market very optimistic here. the nasdaq hit the all-time high. it has had its best winning streak since december. that says a lot about what the market is thinking right now. the housing market piece of this, that component of new home sales in may, very important too, up 16.6% in may. it was a big deet in terms of expectations. you think about the fact that because of the pandemic, people couldn't see property. they couldn't move around. now that is changing and it is actually happening. also, people are buying homes. they may be leaving cities. they may be rethinking living life after this pandemic that housing is certainly part of that. the second piece to the housing

story is number of americans skipping mortgage payments dropped for the first time since march. that gives you a sense people are paying the bills. the market is saying recovery is working. it may be a little slow but we're getting back to where we need to be. two points in terms of technology. the first one would be netflix. take a look at that stock today. announcements about new content, deals, a new animated movie coming out. last chance views will be a sixth season and basketball coming out as well. apple as you mentioned taking its chips back, meaning it will ship macs later this year with al pell custom made chip. it is sort of taking ownership in a real way this is good for that stock up 2.6% at the moment. not as good for intel who was their partner for about 15 years though. so watch the technology sector because that seems to be taking it away today, neil. neil: yeah. that is an understatement. jackie, thank you very much.

jackie deangelis on that again, as jackie indicated certainly for apple and microsoft. microsoft participating in the fun. in and out of all-time highs. amazon does not pay a dividend as you might know. certainly microsoft and apple do. so you're getting double bang for the buck there. whether that is intriguing jonathan hoenig and whether he wants to scoop up more technology names because of that, they have had a heady advance, jonathan. do you sort of follow the momentum or what do you do? >> only thing that is moving, neil. it has to stand back, stuart and me have talked about it, all tech all the time. not just technology, but this really small focus of those five or six popular names, facebooks, amazons, googles, apples. that is the only thing that is moving. and, neil, i always think the trend is your friend but i see so many similarities to today's market to markets in the past, for example, 2000, more specifically the period they called the nifty 50 in the late

1960s t wasn't google, apple back then t was xerox, kodak, polaroid. those were growth stocks of the era like apple is the growth stock of this era. what happened they were so overvalued they underperformed for a decade or more. it is tough to call a top in a you will about market but i think we're getting to pretty rarefied air here and there are historical examples to prove it. neil: you know it is interesting, you mentioned the nifty 50. that was all the range. you weren't even born, my friend. but i remember it well. it was likes of coca-cola, proctor & gamble, and mcdonald's and disney. you could argue that is more diversified group than on the tech side where apple, amazon, facebook, they're all technology names and you're placing your bet in one sector. it is not exactly a very diversified group but you could just as easily argue with the bullish side they held up well,

they were great havens in the whole sheltering thing and that you were richly rewarded for sticking with them because they helped people stick through this entire sheltering. what do you think? >> yeah, there is no denying that companies like amazon and facebook, they're not built on thin air. these are legitimate businesses with real american technological innovation, just as walt disney was back in the late 1960s or xerox or, any of those names. neil: right. >> they called them one decision stocks, neil. only decision you needed to make was buy and hold on. just like facebook trades at 30 times earnings today, or netflix trades at 60 times earnings, those are the exactly the same type of valuations back in the late 1960s, the nifty 50 traded 40 types earnings while the rest of the market traded at just 20. so you're right, it is a little more diversified back then than it is now, but really only five or six stocks.

that historically is a reason for worry. the market is concentrated now, neil, top 5%, top five stocks in the s&p 500 are 20% of the entire index. we're almost like a stool that is sitting on very, thinner an thinner legs. so again, as they say there is no top to a bull market can but so many indicators indicate we're not at least in the 8 inning or 7th as best. neil: amazon to your point it is expensive stock. it can't keep going up 50, off bucks a day. that is. jonathan hoenig follows all of that. you know the nation is reopening. you might have heard a thing or two about that. for restaurants it can't come a moment too soon. for those lucky to offer indoor dining, very limited, 25% of capacity. that is the about average where states are doing that. 506789% down the road, even that

is kind of iffy. there in lies the problem, jon taffer, "bar rescue," so much more, just because you're getting more business than you did before doesn't mean you're off to the races. john, you still have your concerns, right? >> absolutely, neil. all the restaurants we're talking to, it is hundreds and hundreds of them, they're tracking 10 to 20% of normal sales levels. so 25% capacity, even at 50% capacity. what really impacted the business, neil, we talked about a lot of things on this show going back to march nobody else has, there is no lunch anymore. people are not going to the office. they're not going out to retail stores. those are the two drivers of lunch. so we're getting nailed on lunch. we're getting nailed on capacity. hundreds of restaurants have filed bankruptcy already, brands like plantation, tomato, even big chains like friday's have not opened certain units left. neil, our industry employs

15.6 million people. when you look at the depths of unemployment, the hole we're creating it is horrifying. but neil, the experience has changed too in restaurants. neil: yeah. explain that. because for a lot of people going there, it's a little discombobulating to figure out where to sit outside. some of these restaurants are created, they take over parking spots and all the rest. they get a little ticket for that. but you know, for the customer coming in it can be a little weird. explain. >> you walk in, get your temperature tested. then you get sanitized. everybody is wearing masks. you're put at a table. employees are scared to come up to the table to say hello. they want to minimize their contact. sit at table, there is no silverware or salt and pepper shakers. you want salt you have to ask for it. bring it to the table. you want pepper, bring it to the table. men use is disposable. food is coming out in

plasticware. all disposable. it is very different kind of restaurant experience. dare i say it, i hate saying it, neil, so many people said it is more comfortable eating restaurant food at home than eating in a restaurant right now. that is the cycle we have to break. neil: you know, real quickly, jon, a lot of people when i see outdoor seating right now, they're full. i'm not talking about new york city. just in suburban areas. i'm wondering if it is sort of like this pent-up i want to get out, i want to eat outside? will that make up for some of the jitters in the meantime? obviously you want to see that at 100% to your point. we're nowhere near there. play these next few months for me? >> the outside dining is helpful. when people drive by a restaurant they see people out there, they see vibrancy and energy that certainly helps considerably. we talk about in march about cities loosening up the laws, so there could be more outside dining. maybe a few mall streets could

be created, pedestrian streets to open up that opportunity. neil, i'm worried, i'm worried because we're losing more restaurants every day. they're buying ppp protection. they're buying sanitizers. they're buying temperature equipment. we're doing everything we can. we're even buying personal control portions of ketchup which can double, triple cost of ketchup item. all of these things hit us with costs as revenue model doesn't show much improvement neil, i'm concerned we lose 25 to 30% of restaurants by the time we're done. that is a big hit. neil: wow. there you go, one out of four. other numbers are bearing out what you're saying. you were the first to say it. jon, on this one, my friend i hope you're wrong but i have a feeling sadly you could be right. we'll follow it closely, jon taffer, "bar rescue," on top of these trends before anyone else was. quick peek at corner of wall and

broad. microsoft and apple helping pace the dow gains. nasdaq into record territory here. the belief that the seems to be that the china trade deal is still there. some of the fumbles by peter navarro notwithstanding. we're looking at reopenings with all of these concerns that are looking respectable. and then you continue to have good economic news. you throw that all into the pot, this is what you get. all that buying and selling. you're watching fox business. ♪. - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri. we do consulting, but we also write. [szasz] we take care of ourselves constantly; it's important. we walk three to five times a week, a couple miles at a time. - we've both been taking prevagen for a little more than 11 years now. after about 30 days of taking it, we noticed clarity that we didn't notice before. - it's still helping me. i still notice a difference.

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only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪. >> we believe individuals, organizations and others can continue to gather on capitol hill peacefully, the continued disor, the violence and the impacts on resident the residents and businesses are not just ad odds with message of justice and equity, they cannot continue to occur. we're working with the community to bring this to an end. neil: better late than never, the mayor of seattle enormous criticism right now for allowing this to go on as long as it had where independent groups have seized a six-block radius in seattle. the last straw was over the weekend when cops couldn't get in there to deal with shooting

victims. one of them died. right now the read from jason branch, the jason branch show, popular on ktth in seattle. jays john, i think the mayor just blinked. now what happens? >> it sort of sounds like she blings but not quite. as of last night there was no plan to clear this zone to get back into the east precinct. the police station which was overtaken by the protesters. what we saw last night from the mayor, a lot of words but not a lot of substance that clip you played there, was as much as she spent going after the violence. there was a shooting earlier this morning in the same area. so last night protesters there were basically taking the position we're not going to leave. they rearranged some of the barriers that the city had put there. they're saying yeah, we're not going until our demands are met. neil: i'm wondering, i herd about the precinct reopening. was that the police are saying hook or crook we're going back

there? or did the mayor give them her blessing? i mean, how did that happen? because to your point, it hasn't formally happened yet? >> yeah, there are a lot of mixed messages. behind the scene cops are very unhappy. the seattle police officers guild, the union here is saying we need, absolutely need to retake this precinct. we see what is happening with public safety. not only shootings, three instances of shootings over last couple days. when you're calling 911, you got emergency takes three times as long per the spd, part of that they don't have the resources. you need a fully functioning precinct this in this very densely populated neighborhood for them to actively, you know, be able to serve the community. so police are saying look, you guys are selling us down a river. you're not backing us. the mayor early on in all of this was backing the cops until she decided this might be too politically dangerous for her to

do so in the city because this is a city, especially this neighborhood has a lot of anti-cop folks. she sold them out and that is how they took it. whether or not we'll actually see in the coming days the east precinct get back into the control of the police it is anyone's guess. she says it. there is not even a timeline. neil: i can't imagine if even if you're a resident of seattle and you want to go in to see the city on a weekend, whatever, or you're in the area you're welcoming this. i'm sure it is chasing people away even now? >> yeah. i mean we've got some word from businesses that are getting ready to leave. there was an investment advisory firm decided to call it quits on seattle in part citing unrest. they are going to phoenix. people with businesses people live in the direct zone, look, we support black lives matter as a movement, we support a lot of messages coming from this community of activists but it is not safe. we can't get to and from our homes.

we understand, when it gets dark outside it gets much, much more dangerous. while activists in the community and the mayor for the longest time, oh, this is summer of love. it's a street party. it is cool, it is hip, it is fun. those of us who have been covering it accurately we noted even during the quote, unquote peaceful times during the day, there is still a lot of fighting going on. so this kind of violence we saw over the weekend leading to the death after 19-year-old kid and shooting of a 17-year-old in the arm, we saw this coming. neil: yeah. jason, keep us posted. i would love to have you back on. jason rantz. ktth in seattle. still a beautiful city if they can get it back to that. we're focusing on other developments. this fixation on the past and statues and past leaders, largely confederate leaders, those who had anything to do with slaves, even those who didn't, after this. ♪ ♪

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♪. [shouting] neil: all right. andrew jackson, just across the street from the white house, symbolic favorite of this president, they tried to take his statue down yesterday in lafayette park across from the north entrance of the white house. you know, andrew jackson, that is a heavy statue. they had no luck in doing so. the president was so ticked off on it, there ought to be executive order to forbid this type of behavior. lo and behold just, that the president promised an executive order, to clamp down on people trying to take these statues down. hillary vaughn with much more. reporter: neil, behind me you can see, this is what protesters are calling the black house autonomous zone. this is where they were last night. essentially tried to take control of the area but that

didn't last long because protesters now have been essentially evicted the black house autonomous zone. they are on the other side of this police line standing behind me on black lives matter plaza. we're steps away from the andrew jackson monument that protesters tried to tear down overnight but were unsuccessful and also just steps beyond that, you can see the president's front yard. you can see the white house. on the left-hand side you can look at st. john's church. that also was vandalized last night. the letters, was tagged with spray paint. the letters, b--h-a-z to stand for black house autonomous zone. the president says he will sign an executive order today that authorizes the federal government that vandalizes any monument or statue on federal

property. the punishment for that is up to 10 years in prison. >> i will have an executive order very shortly. all it is really going to do is reinforce what is already there but in a more uniform way. numerous people are in jail, going to jail today. people are already there but, we're looking at long-term sentences. reporter: the president says this order will be retroactive with zero exceptions. so police will be looking for the suspects responsible for those who defaced our national monuments earlier this month as part of the black lives matter protest, lincoln memorial and the world war ii memorial. the mayor's office so far silent on destruction happening in one of her city blocks and black lives matter plaza which is the street that the mayor has renamed. protesters, neil, if you remember, added words in yellow paint, defund the police to this very street but you can see kind of from our vantage point there are yellow scuff marks left of

that lettering but it has been scrubbed off. neil? neil: hillary, be safe yourself. hillary vaughn in middle of all that in the nation's capitol. senator marsha blackburn joins from us tennessee. senator, president said essentially enough is enough, if you won't guard the statues, i will issue an executive order to make sure they're protected. what do you think of that? >> well the president certainly is within his right to do that. what we have to realize is that these mayors and governors need to get control of these situations, that are in their disand states. there is a proper way to petition your government if you dot -- do not like something, it is called peaceful protest. addressing your government, mob rule is not the way to go about this. neil: you know, you have to look at seattle. i wonder if that is what happened. there has been a shift in stance on part of seattle mayors as you

know, senator, she is saying all right, you know, let's move on here. i'm sort of paraphasing. she has not formally moved on saying they were there for peaceful purposes especially after violence this past weekend, more violence this morning. what do you think of that? >> what we do know is that residents in these areas that have seen a lot of the rioting and looting and vandalism are talking to their elected officials in those areas. they are supporting the police in trying to bring order. they are pushing back on these defund the police activists, that are trying to do away with police departments and have the department of social justice and they want to, we're a nation of laws. we abide by the rule of law. they want to see that in their cities. and so they are beginning to speak up and say, enough is enough. and i think the seattle mayor is beginning to get that message. neil: you know, senator, knowing i would have you on today, i

know you're concerned about, you know, more to the point, how far they go in characterizing events such as these, sure enough, many of them are extremely overwhelmingly sympathetic to the protesters cause, not law enforcement's cause, no attempt to balancing that out, that is one thing concerns you, giving you a single view of these developments. so what do you do about that? >> one of the things that i have done is looking at how you hold big tech accountable and they're called big tech, neil. these are no longer baby companies. they're not new companies. these are the some of the biggest companies in the country. i wrote to doj yesterday and ag barr. of course they have been doing the antitrust investigation on google and their ad business but encouraging an investigation into how they go through the censorship and prioritization

deciding what people see on their computer screens what they will be able to read and the order it is going to come to them. when you have companies like facebook and mark zuckerberg who said, he feels like his company operates more like a government than a company, of course. there needs to be investigations into these companies and we're going to be working on that. i've been working with the white house and, as the leader in this tech task force at judiciary, i hold a seat on commerce, we're looking at section 230, how you reform it, so that it protects consumers but also holds big tech to account. takes away that safe harbor. they're skirting behind the law to try to hide what it is they're doing in censorship and i just found out about the project veritas video and their

latest, that they have brought out and it shows how facebook chooses to censor people. that they do not agree with. i have been censored more than once. other conservatives have. i have friends, that are in the conservative media business. friends that do conservative entertainment. they have all experienced censorship. so you can't say, oh it happens on both sides. primarily it is because these content moderators and these reviewers bring their liberal bias to work with them and they apply that liberal bias to what they are seeing people post and they're blocking some things and pushing other things forward. neil: do you worry, though, senator, that be careful what you wish for? even steve moore, you would

acknowledge, a pretty conservative thinker. >> yeah. neil: did say all the companies are actually very biased to the point you just made but be careful trying to fix them up or dictate policy because, say what you will of them, they're all american success stories, that have under their umbrella hundreds of thousands of american workers, millions of investors. so it could boomerang on them. in other words, that doesn't mean you turn a blind eye to these things, but be careful going too far because you could kill the baby in the crib so to speak. what do you think? >> this is one you do not want to remove section 230. it is why you want to reform it and look at, not dollar volume as your threshold but users as your threshold, where you're going to have the guide rails apply. neil, we have rules of the road and we have best practices and

we have standards forever industry that we have. the outlyer is social media. what does social media say? oh, we're a new industry. you can't do that to us. you need to let us, we're going to claim free speech. but, what they do is turn around and they police certain speech. so the thing to say is, okay, we're going to create an area where it is going to be fair. we're going to understand law enforcement and federal enforcement's rules. we'll make certain this is a competitive marketplace. we're going to make certain if you're a big player, you don't get some of these safe harbors that are there for infant businesses. neil: all right. we'll watch it closely. senator, thank you very, very much. >> thank you. neil: be safe, be healthy, be well. meantime i want to let you know

we're monitoring this health conference, the house energy conference committee with the likes of dr. fauci and steven hahn, the fda commissioner, and robert redfield the cdc director. one comment caught my eye from dr. fauci, that he is optimistic a vaccine will be available as soon as early part of next year. other companies are talking about i end of this year. those comments by fauci, usually very guarded in his comments, did give the dow an extra pop. i'm not attributing it solely to that but the fact that dr. fauci is optimistic a vaccine could be very soon had stocks getting all the better. after this. ♪.

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♪. neil: all right. i guess they call florida right now the new texas enticing a lot of employees and those highly-taxed, their bosses to

come to the state for confines, the tech wave here, where certainly california makes it administratively, financially rather difficult. could work to florida's advantage. andrea sullivan, joins us right now, james madison institute center for technology and innovation, the director there. what is happening right now, is florida benefiting from that? is it just the tax thing? is it more? how would you describe it? >> sure, well we certainly like to. so florida is well-known for our very welcoming fiscal and regulatory environment. we score at the top of many non-profit indices of tax policy, property rights, et cetera. we really want to embrace technology and innovation for the future. so one thing that the state of florida has already done, we've made investments in our university system to improve our already world-class research universities and we're putting investments in central florida high-tech corridor, really trying to attract investment. one thing that the state could

do is reform some of our regulations that were passed 40, 50 years ago well before we anticipated some of the breakthrough technologies today, in order to take account of those advances. one thing we're looking at specifically, fintech firms. the house recently put together a piece ever of legislation on fintech sandbox. we could have the relax rules to be more hospitable to cryptocurrency businesses. this is where area where florida can lead on, we're excited to do that. neil: whether your state or california, you would both have to follow for the time-being the president's crackdown on h1b and other visas. would that hurt that push? in other words what florida is doing, the president isorging it is in response to the weak economy and dealing post-virus and that world, protecting american jobs, but a lot of the tech guys out in california, i'm sure are going to be like a lot

of tech guys who are or will come to florida dealing with that. what do you think? >> sure. i mean there is no way around the federal immigration situation. i mean the fact is we're in a pandemic. we're in a very poor economic situation for a lot of jobs, and there is a lot of uncertainty. on top of that it is an election year. some of these federal problems are intractable. no state can unilaterally change the immigration position but what they can do to reform their own policies to be as attractive as possible. one of the things i wrote about in my recent op-ed in the "orlando sentinel," the silver lining in the pandemic has embrace of work at home agreements. you see some of the biggest technology companies in the world, facebook, twitter, announced they will allow employees to work remotely indefinitely. one thing technology companies could consider allowing more remote work agreements. allowing people to move to lower

cost, lower tax states to florida and perhaps salaries would reflect that. there is a lot of money put on both sides of the issue of immigration. meantime we don't need to twiddle our thumbs and allow these jobs to go unfilled. remote work can expand the u.s. pool of labor and help us get to where we need to be while the questions are being worked out. neil: we'll watch it closely. thank you very much, andrea. o'sullivan. >> thanks. neil: as she was speaking here we're getting dr. fauci updates from capitol hill. he says schools can reopen. not one size fits all. they might want to stagger classes. some coming in the morning. some coming later. on heels of reports, colleges and universities more than six out of 10 do plan in-person courses, in-person classes this fall. more after this. you doing okay?

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♪. neil: so play ball, maybe. major league baseball close to an agreement that will have some baseball going on sometime next month. charlie gasparino. what are you hearing, bud? >> neil, a lot of baseball news today. let's get to the, start with the

season. last night as fox business, i first reported on my twitter page last night, rob manfred was going to implement the 60-game season failing to reach what was described as a negotiated settlement with players over various issues, including maybe more games, maybe more salary, you know, what type of playoffs, when they would occur, things like that. talking fell through. manfred said he was going to implement the 60-game season. in doing so he would have to negotiate safety protocol with the players. obviously people are worried about covid, while they play baseball. some baseball personnel come down with covid. they will be playing as we should point out in fanless stadiums. so, but there is still a protocol and as of now, this is what i'm getting from my mlb sources, the players union has not contacted the mlb to start those negotiations. manfred has given them to

5:00 p.m. tonight before he unilaterally implements a safety protocol. this is getting pretty nasty. anything can happen if the players balk at those protocols and if manfred has to go to court to implement them. this is where it gets crazy. we should point out people close to the players union. they plan to comply. they're just not ready yet. people on the owner side, league side are very skeptical. they think the players are playing games so to speak and they're looking to renegotiate the whole thing once again. but we'll see. this thing is coming to a head today. one other issue, this is pretty major issue. the mets are for sale owned by the wilpon family. steve cohen was going to buy earlier in the year. he dropped out over management and control issues. a-rod, jennifer lopez, the former yankee, the actress were looking to put together a bidding team for the mets. they got a big, they may get a big boost in that direction from

what sources are telling the fox business network, and i first reported last night, vincent viola, former head of the new york mercantile exchange, virtu financial, the high-speed trading outfit, current owner of the florida panthers hockey team is thinking of joining, particularly throwing money in it, being a part owner at them. the numbers we're hear something like $250 million, maybe $300 million. it would be a joint bid with his business partner, a guy named mike lapoli. not exactly a household name nationwide, but big in the new york area. he started vitamin water as private equity firm. they do business together in terms of horse racing. they both own thoroughbreds together. they're thinking of doing some sort of joint bid on this thing. nothing is written in stone, neil. viola had a couple of substantive conversations he may or may not join.

if he joins that adds a lot of heft to a-rod's bid. he is serious, serious businessman. he created virtu. he made a lot of money. serious player on wall street. he made $2.5 billion on his own. one thing they say wilpons don't do a good job running mets, money losing debt despite being in new york. that would change with vinnie and a-rod. he is weighing it. that story developing. neil, back to you. neil: thank you my friend, charlie gasparino. meanwhile we told you disney plans to reopen a lot of the theme parks, pretty much all of them by middle of next month. but disney workers are not happy about. that i'll tell you why

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neil: all right. top health officials in the country are in washington right now, dr. anthony fauci among those testifying. among the optimistic cases he's laying out is that the uptick in cases, though worrisome, is so far manageable. he's also very optimistic about schools reopening this fall, but, but on a tiered basis. we will get into that a little bit here. also expressing some optimism for a vaccine. that was probably the most market-moving development, that it could come by early next

year. others are optimistic we could see it by the end of this year. in other words, the likes of astra-zeneca, sanofi and gilead out with remdesivir, i guess an inhaled version of that could be ready by the end of this year. again, some optimism around that. the backdrop for all this is these spikes in cases that have some worried, particularly in states like texas and florida, arizona. by the way, arizona where the president is heading to the border today. there are worries out there. casey siegel has more on that. reporter: we have been reporting on this for awhile. yesterday the governor addressed texans, his tone a little more worrisome yesterday than it had been at his previous warnings. he's saying that if these numbers continue going in the wrong direction across the entire state of texas, that the state may have to roll back some of its reopening measures. but he did point out that that would be an absolute worst case scenario but it's not off the table, because right now, he is

urging texans to wear masks. it is not something that is required. and he's also urging people to continue that hygiene and maintaining social distancing measures but a lot of local communities have enacted their own mandates when it comes to face coverings. texas is now averaging a 9% positivity rate of testing and that is up from the 4.5% since the end of may and overall hospitalizations have doubled across the state in just the last four days. doubled. although the governor maintains there are still plenty of beds available to handle the surge here, larger cities like dallas and houston are already feeling it. >> when our ambulances are waiting at the hospitals for an hour plus wait to transfer the patients because the hospitals are saturated, that has an impact on us being able to service the next call for service, the next emergency call. that has a domino effect on our

capacity. reporter: in arizona, where president trump is visiting today, that state now has the highest test positivity rate in the whole country. more than 20%. hospital capacity is at more than 80% there. that includes icu beds. some businesses are voluntarily reclosing as state government officials have at least talked about the idea of rolling back some of these phases but in louisiana, the governor says that they will not move in to the next phase of opening due to a spike of new cases. most businesses like restaurants, for instance, will remain at 50% operating capacity for at least another month now. instead of ramping up to the 75% that was originally scheduled to happen on friday. health officials in that state are also noting a big jump in the number of young people that have become infected with covid-19 and that is a phenomenon that other states like florida, for instance, are

starting to report as well. neil? neil: all right. casey, thank you very very much. then there's what's happening in florida right now, where disney resorts and some others are slowly reopening, and by next month, all the major theme parks will be open as well. but a number of disney workers are saying go slow on this, noting the spike in cases and elsewhere. they are in no rush to see the magic back in the kingdom. ashley webster has more on that. ashley: well, it's supposed to be the happiest place on earth, right, but some of the workers at disney are feeling a little grumpy as the parks get ready to reopen their gates. in fact, that is just around the corner, if you look at the latest numbers for this. the magic kingdom set to open in just about 25 days' time, on july 11th. the same day as disney's animal kingdom. four days after that, epcot will reopen its gates as will the hollywood studios theme park. as we said, not all park

employees are thrilled about returning to work and have begun to petition, calling on disney as well as state and local officials to reconsider the reopenings, saying they are worried about the resurgence of covid-19 and their own safety. in part the petition says quote, while theme parks are a great way to relax and enjoy free time, it is a non-essential business. it is not fair to the people who work there to risk their lives. people are more important than making a profit. mayors, theme park executives, government officials, please hear what we are saying. in fact, one anonymous employee also wrote quote, hospitality workers do not deserve to be sacrificed on the altar of the almighty dollar. tourism can wait but this virus will not. strong words. now, at last count, the petition in florida had more than 5,000 signatures, just about 6.5% of the 78,000 employees. it's interesting because the president of the local union

representing the workers says he's unaware of the petition and says much of the workers he's spoken to are quote, pretty excited about returning to work. but it's not just disney world. disney is also facing pushback from disneyland workers who have also collected, we are told, nearly 45,000 signatures calling for the delay at the anaheim, california park's reopening as coronavirus cases begin to rise there. so far, we have had no comment from disney with regard to these petitions but you've got to wonder what does this message sent to the people who may be visiting the parks and the people who work there are concerned about their safety. bit of a headache for disney but those parks are scheduled to go ahead beginning on july 11th. neil: all right. thank you very much. ashley webster on all of that. let's take a quick peek at the corner of wall and broad with the dow jones industrials sprinting ahead about 243

points. nasd nasdaq, it's a little bit more than 3,000 points away from a record of its own. you know, it has been remarkable here, you could say climbing the wall of worry, the spikes in cases, what's going on right now with the coronavirus and whether some states are going to have to slow those reopenings, then the protests and everything else, up, up, up we go. technology stocks in particular, like apple and amazon and microsoft, all at records today. nancy davis with us right now, the quadratic capital management chief investment officer. nancy, it's remarkable, i don't want to rain on any parade or get too giddy about it, but it's almost too remarkable. or is all this justified? >> well, we have two wildly different readings from different markets. so the equity markets, as you pointed out, are screaming to new highs and are partying like they can't wait for july 11th because they are in their own magic kingdom, to use that apal

analogy from disney just a minute ago. the ten-year, the government bond market, the u.s. ten-year is trading like it's about to be the end of the world. i think you have this real divergence where investors need to perk up and pay attention because these two markets are signaling very different things. neil: you know, normally when they are doing that, they don't do it for too, too long, so something's going to have to give. lot of people look at the market now and say it is getting close to the levels we were at when we had 20 million more jobs than we do right now. something's going to have to catch up. what do you think? >> i mean, i do think we need to think about having protection in our portfolio these days because the bond markets are trading like there's going to be deflation forever. think about the ten-year at 70 basis points, even if interest rates went to zero, the most you

could make is about 6%, so i do think investors should be looking to shift more out of nominal treasuries and credit and into products that have inflation protection, because one of these markets is wrong because the government bond market with the ten-year where it is is not screaming equity risk on like the nasdaq is reaching all-time new highs right now. nicol neil: you know what's weird, too, what's going on with gold with its nearly $15 runup today to a little north of $1781 the ounce. it's going in and out of seven, eight-year highs. what's going on there? >> i wish people would kind of realize that gold is its own beta. it's definitely very tied to the u.s. dollar and to interest rate differentials around the world and it kind of breaks my heart to see so many investors

flocking to gold as a safe haven when really, a lot of those investors when they are running into the gold market, are actually concerned about inflation. if i can, i wanted to tell your viewers that i manage the eyeball etf. it's i-b-o-l like inflation volatility. it's another way for investors to capitalize on the very very low level of inflation expectations as being priced into the rates market and it may potentially be a better thing to look at rather than gold because to your point, it is at a sky-high level. it's glistening right now so close to the sun. neil: what is that etf invested in? >> it's -- so it's called the quadratic interest rate volatility and inflation hedge etf. the ticker is i-b-o-l.

what it is, it's an inflation protected bond fund, approximately 85% of the portfolio is treasuries but it's treasuries with the inflation protection. then we augment that portfolio with inflation expectations which are trading in the gutter because even with the global pandemic and all the unknowns in the world, the rates market universally thinks there's going to be deflation, and to me, i think that's a little crazy given that we have had, you know, 14% of gdp so far has been spent on fiscal spending, you know, the ten-year is trading like it is the end of the world and i do think we will see more of a v-shaped recovery, and it's a good time for investors to be positioning their portfolio to have their equities but also diversify with fixed income, with inflation protection.

neil: that sounds very cool. very interesting. thank you very much, nancy. good catching up with you. >> great to be on your show again. thanks, neil, for having me. always a pleasure. neil: all right. be well. be safe. nancy davis on all of that. in the meantime, i want to go to my buddy kelly jane torrance of the "new york post." we are watching very closely today the president, he's going to be in arizona, he's going to be showing what's happening with that border wall, that there is in fact a border wall going on and being built, miles and miles of it, but it's on the heels of this crackdown on h1b and other visas that has really gotten a lot of criticism from big tech companies, other companies who think he's in the wrong side of this argument. what are your thoughts on it? >> yeah. it's a little complicated, neil. obviously a lot of americans are out of work right now, you know. here in new york, it's really tough and of course, around the

country. i mean, we saw 40 million people out of work in about ten weeks. it was unprecedented. so he obviously worries about people in this country getting jobs, getting back to work, but these visas are not just your average worker visa. they are for skilled workers and often america has shortage of those kind of workers. that's what the tech companies are very worried about. you know, it's a complicated issue. perhaps if they paid more, more americans might be interested in those fields, they may flock to them, but this is not something you are going to solve overnight. these are well-educated positions. that's why often they look for people abroad. you know, there's places where s.t.e.m., science, technology, engineering and math, is very big. it's not quite as big here in the united states. so they do need to bring those workers in. of course, tech really does contribute a lot of jobs, not

just those sorts of jobs but of course, the products they create, there's the apple store, you have employees at the apple store. you have people, you know, building the items. some of those are built overseas but some things are built here. it's very complicated. that's why i'm always sort of reluctant to let the government decide how the economy should be run because there's so many moving parts and companies know best what they need. neil: you know, we were showing some of those names, google comes to mind, certainly what's been happening with amazon, by extension apple, host of others, that even in the face of, you know, government crackdowns and scrutiny, you know, are they fair, are they hurt by this h1b thing, all the worries that are out there, they are climbing like they're nobody's business. it's the investor's way of saying we don't see any of this going anywhere. what do you think? >> yeah. they will find a way, i think, to keep going and you know, there's a lot of lobbying going

on behind the scenes as well, as i'm sure you know. in the past, the president has been very reluctant to, you know, raise caps, he's been reluctant to do that. he's actually wanted to make it smaller and that was part of the negotiation, of course, with the new nafta. he ended up not doing so. it was interesting, for some of the visas, canada wanted to see more of them, the u.s. wanted to see less. that was president trump's position. they compromised by leaving it as is. so you know, these are tough issues and yes, a lot of americans are out of work but it's not the tech jobs that are the ones that have really been hit hard. that's not the industry that's been hit quite as hard as so many others, restaurants, of course, you know, a lot of service industries while everyone is stuck at home. tech in a way, everyone is stuck at home so they want to have that high tech stuff. streaming is doing well, as i'm

sure you know, along with the tech companies. one of the things they face is really worrying about their supply chain after we saw what's gone on with china over the last half year. neil: right. very very very good point. kelly jane, great catching up. her read on that. by the way, the h1b visa thing doesn't affect just the issuance of new h1b visas but those who already have them, restrictions about whether they can get back into this country or not. that could be a problem. in the meantime, kelly jane touched on it, far more vulnerable to what's going on are these tech companies but average restaurants and the like that are slowly reopening, but to hear one restaurant owner tell it, a bit too little and too late. after this.

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neil: all right. it looks like starbucks right now is aligning itself very very quickly with the plant-based sandwich craze of impossible meat, more to the point, impossible sausage beginning right now. tastes just like the real thing. they are expanding the line here. all good for starbucks to send a message that we, you know, have

farm-fresh eggs, all of that, the cleanest and best and healthiest of cheeses and now this, you know, breakfast sandwich that will feature impossible sausage. host of other products. so very very good for starbucks. guess who it's not good for? beyond meat, of course a competitor in that region, getting shellacked. starbucks originally started a partnership with beyond meat but it is not part of this new wave. we will keep an eye on that. we were telling you earlier as well about restaurants reopening across the country. john tapper of american bar rescue fame says as welcome as all this news is, it still looks pretty grim for the restaurant industry. this was from a few minutes ago. play these next few months out for me. >> i'm concerned we wind up losing 25% to 30% of our restaurants by the time this is done and that's a big hit. neil: one out of four. think of that. one out of four that will never come back. with us right now, uncle jack,

jack's shack restaurant founder. they are all over the place. what do you think of that? that's a pretty jarring number, one out of four. i don't think he was talking big thriving enterprises like yours, but that will never reopen. >> well, a lot of people in the last five years, a lot of individuals, everybody aspires to be in the restaurant business and a lot of people get angel investors from their family and they take small little locations and they employ maybe 10 to 15, 20 people and a lot of them have no funding and the ppp is going to run out and they are going to fall apart on the wayside. it's sad but it's definitely happening, especially in the big cities like new york that have been shut down and then all the other things that have happened as well. neil: you have to follow whatever the rules are and the reopening restrictions are in any given state. how's that going? >> well, we reopened in georgia about seven weeks, we were the

number one covid plan operator so that same covid plan we brought to new york, adapting it here to new york's health and circumstances and everything's about the guest, everything's about building that box and making sure everybody's protected along with your staff and doing everything above and beyond. neil: now, capacity-wise, i know it depends on the state, but how is that looking? how do you adjust to that? how do you build up to when it goes 25% to 50% and more? >> so in georgia, it's 32%. we make the reservations, we spread it out, we ask our loyal guests to come in intervals of 15 minutes. we spread out the tables so if we normally used to have a rush of 50, 70 people, we try to only have one group of guests coming every 15 minutes. same thing we are going to do in new york. new york was very late to opening. i thought we really missed out on a great father's day weekend,

to wait for the couple of days after to open, when these are huge revenue profit-driven days for us in our business. neil: very good point. that's a very good point. you're right. >> so to me, missing mother's day, missing father's day, now we are only allowed outside, i thought we could have been doing this two weeks ago, being that we could have outside cafes and bayside, we are closing down a street, we get the front parking lot, i'm putting up tents, putting up temporary sails to give shade and weather protection and try and make it look like some sort of real dining experience. neil: when you do the outdoor seating, with the indoor seating, are the percentages allowed to go higher cumulatively because you are seating people outside, where you can, and those restrictions, 32% or whatever like in georgia or whatever, how do you account quite literally for that?

>> it's the same restrictions as here but until we really get to open full generation 100% which i see maybe is by september, hopefully we can be back to normal, this virus numbers will be tanking and we can get back to normal and employ everyone. right now we are employing as many people on a part-time basis because of the funding and what it costs to open a restaurant. it takes an army of people to run a normal style service restaurant, neil. neil: you must be doing it well. keep at it. good luck to you. those that have the size and heft to do that are one thing. the other smaller guys, that's quite another. continued success, willie. thank you very much. willie degal. when we come back, the battle over taking down statues pretty much everywhere. now it started with, you know,

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neil: i know this is going to sound like a who's on first thing right now, but anthony fauci is indicating today we are going to do more coronavirus testing, not less. this on the heels of some confusion at the white house as to whether the president was

serious when he supposedly joked in tulsa over the weekend that he was not necessarily a fan of more testing. kayleigh mcenany was indicating in her press conference yesterday that the president was just joking there but then the president added to the confusion today, said i don't kid about slowing down covid-19 tests. you say you don't kid. kayleigh mcenany is saying you were just kidding. anthony fauci is saying no kidding, more testing, not less. there you go. all right. edward lawrence following all of these cross-currents and listening very intently to all the testimony from all our health officials. i'm kind of confused, but i know you are not. clarify what happened today. reporter: yeah. i don't know, third base, we will try and sort this all out for you. going forward, there's a lot of questions in this hearing about vaccines. there are 19 vaccines now moving forward, one in a phase three

trial that's happening in july. on those vaccines t market really grabbed or markets really grabbed on to these comments by dr. fauci. listen to this. >> i still think there is a reasonably good chance that by the very beginning of 2021, that if we are going to have a vaccine, that we will have it by then. reporter: he also said they will be widely distributed by then. treatment on this, 131 clinical trials going forward with treatment. remdesivir was mentioned as doing very well, positively for the treatment of covid-19. now, on the surges, dr. fauci says there needs to be boots on the ground right now to try and contain, trace it, figure out where it is and try and flatten out that curve, looking forward on schools he says schools could reopen, the cdc says guidelines for schools will come out very soon. in fact, the head of the cdc saying he sees some jurisdictions opening fully. however, dr. fauci said you really can't do this one size fits all.

listen. >> it's up to the local officials to evaluate where you are in the particular region, what the recommendations that we really very carefully put out about the guidance of opening schools, so you don't want to make one size fits all for the united states. you want to tailor it to the degree of viral dynamics in the particular location that you're talking about. reporter: this hearing ongoing. every single one of those health professionals on the task force says that no one in the administration told them to slow down on testing. neil? neil: thank you, my friend. i think i understand a little better. edward lawrence in washington on all of that. in the middle of all this, we have very good news on housing. new home sales in particular, optimism about future construction, mortgage applications that have just been sizzling of late. obviously there's a lot of pent-up demand for people who

have been sheltering in their homes to find new ones. lauren simonetti has been following all of that very very closely. lauren? lauren: a lot of people are saying new is better than old so let's take a look at new home sales. this is for the month of may. it's a gauge that measures when a contract is signed. it's a relatively new or current measure. whereas if you look at the right side of the screen, this is the data we got yesterday, sales of previously owned homes, by far the larger part of the housing market, fell almost 10% because that data measures when a contract is closed. so there's a lag of one to two months from when it was signed. those contracts were essentially signed at the height of the dlou lockdown. as we continue on this road to recovery, homeowners are realizing they need a lot more from their home and the current inventory just won't cut it. listen. >> the inventory is really viewed as obsolete by a lot of new home buyers. they are too far out, the houses are 50 years old, they require too much work. builders are really capitalizing on that and building entry level

homes now that satisfy the demand for office space, home gym space. lauren: so buyers want more space, more walls, more amenities, more everything as we continue to do more from our homes. the trend is the most prevalent in the northeast, where sales rose 45% and in the west. think big cities and some would say a mass exodus from some cities to the suburbs. take a look at this, neil. these are home builder stocks. toll brothers is up 137% in the past three months, while pulte group says have doubled in that same time. yes, this is from the low of the market but it also shows what's happened since lockdown, that people are saying it's time for something new from something different because our lives have changed. we are now working from home, studying from home and we need a home that supports it. neil? neil: yeah. you buy new, you don't get

anyone else's headaches. i guess it could explain that. lauren: i know. if i were to do it all again i would have bought new. we tried. didn't quite work for us. neil: is that right? lauren: you get no one else's germs either when it's new. neil: there is that. you are very handy. you and your husband is very handy. lauren: i can screw in a light bulb no problem. neil: yeah. yeah. really? i should call you over. we have a couple that are out. thank you very much. great job, as always. by the way, we are hearing something, i think this is going to warrant a presidential tweet later today. the "new york times" is reporting that the european union in the midst of reviving their economies might not be so hot to trot to accept passengers from the united states because of the spike in cases here. that is probably not going to go down well with the president or others. we shall see. more after this. ♪

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neil: all right. i love the updates we keep getting out of washington from my buddy edward lawrence, reporting on just the top line. dr. fauci has left the briefing. he has left the hearing. that's sort of like elvis has left the building. so your top star, of course, in this committee hearing where we are talking to all our big, you know, health stars from the heads of the cdc and fda and dr. fauci himself. it was dr. fauci who made some news on two fronts, by the way, a little while ago, talking about his optimism that a vaccine could be had in this country, this world, by the beginning of next year. others have been even more optimistic than that. he's always cautious there. he also talked about his comfort level with schools reopening in the fall. he did say when it came, i think he was talking largely about grade school, middle school, high schoolers, that one size will not fit all. what might work in one area where there are no spikes in cases might not fly in places like florida, texas, that at

least for the time being are seeing a spike in cases. you might have to stagger the school day and all of that. the backdrop for all of this is what is happening on the college and university front. we got word today that by the latest count, better than six out of ten colleges and universities, 65% to be more specific, do plan in-person classes this fall. in case you're counting, a little more than a few weeks, that number which was always like a goal, has effectively doubled. that is a promising sign or at least a lot of colleges and universities are optimistic they will be able to have in-person classes, albeit with the same sort of distancing provisions and capacity control measures and large class halls and the like. but that is an encouraging development. now, technologically how you pull that off, whether they are in person or some remain virtually, that gets to be tough. brent larson following all of that. it's a goal, but it's not easy to deliver that, is it?

>> it's not, really. it's kind of unfortunate when you look through the colleges they are talking about, you know, they are on the fence. they are going to come back normal rules in the fall or are they going to scale back, are they going to do some sort of hybrid of this. we will let x number of students in to actually be in person physically and then we will have x number of students be online. but neil, that brings up a really important question and we saw this at the beginning of the coronavirus pandemic when they started shutting schools down, kids were going home for spring recess and being told you know what, stay at your parents' house, much to the chagrin of parents across the country, stay at your parents' house, let us figure some things out and we will start doing distance learning, start doing online education, you can take your classes online. back in the day when i was in college just a couple years ago, we were just starting to see the beginnings of these online courses. the thing about an online course is you're not limited to say a

classroom where 100 students can fit and the professor who can only teach three hours out of the day or ten hours out of the week, whatever the combination is, because in essence what you can do is you can have a professor in a classroom with automated cameras and microphones and an internet connection and you can deliver that classroom experience to students literally all over the world. it almost changes the fundamentals of what we think about when we think of higher education, of going to the yoou university to learn. when you hear about harvard university is saying most of their classes are going to be held online, well, the followup question to that is going to be is it going to be cheaper to go to harvard and will this allow an ivy league school to let more students in, because you no longer are limited to the physical limitations of the school campus and classrooms on the campus. they are one of the places that are still kind of up in the air. tulane is saying they are

preparing for in-person classes. listen, i say hybrid this. what fauci said is right. go place by place. if you are having a spike in cases, then you scale it back. you say you know what, unfortunately, we can only allow 15 students or we can only, because of the class size, we can only allow 10 students to be here. but you can safely broadcast that class. the other thing, we don't want things to get stale, we don't want reruns in higher education, but also you see these startups, these online courses you can take. they are all over youtube. they have seen a huge spike in popularity over the last several months when people are stuck at home. you can take this one lesson that you do and it can be used over and over again. so maybe, you know, mentioning harvard allowing more students in, okay, maybe the first tier of students gets the live access and access to professors at a certain level. maybe you archive some of those classroom presentations and they

are available to a second layer of students who can still access that higher education but at a lower cost. lots of options here. the technology is ready to take on this task as we have seen time and again with the coronavirus pandemic. technology has stepped in and thankfully, we are at a place where the technology is working and working pretty well. i mean, look at what i'm able to do. i'm in my apartment and i'm on a high definition connection back to our studio. neil: they could never have done this when i was a kid. you couldn't do anything when i was a kid. they literally just invented the pencil when i was going to college. thank you, my friend very very much. by the way, we are learning more about this european crackdown on american travel. they argue because we are not really doing a good job on handling the virus, american tourists are not welcome right now. they have lumped us in according to the "new york times" with the russians and brazilians as

unacceptable and unwelcome at this time. talk about a blow to american prestige. they said they can reconsider this as conditions improve. namely, we improve. you know this is begging for a trump tweet. we're waiting. - hey, can i... - safe drivers save 40%!!! guys! guys! safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! safe drivers do save 40%. click or call for a quote today.

we are looking at long-term jail sentences for these vandals, these hoodlums and these anarchists and agitators and call them whatever you want. some people don't like that language but that's what they are. they're bad people. they don't love our country and they're not taking down our monuments. i just want to make that clear. neil: all right. freedom of speech is one thing. the president of united states, taking down a statue, destroying it, that's quite another. he wants jail time for folks who do that. joe piscopo, actor, comedian, popular radio show loehost, muc much more, with us now. what do you think of that? jail time if you try to take down a statue? >> absolutely. i love it. if you heard the speech on saturday from tulsa, did you hear that, he goes i love my italians, my italians. he said it like my italians.

neil: that was in reference to italians rallied around columbus, remember? they didn't take down columbus. >> that's right. not in new york. not my italians. i love that. so i figured it's about time. look, i again, always talk to you with great respect, as always. it's good to see you. but with the audience so fired up on the radio, am-970, they are fired up. they want law and order for sure. so the fact the president is going to stop that, when you think it's a federal landmark, they are violating a federal law, take them in, arrest them. absolutely. i back the president 1,000%. neil: all right. there's always the risk how it looks if you are defending essentially confederate war heroes, for example. there's that. but i do get your point that they have been there forever,like nancy pelosi with portraits of former speakers who have been there in many cases well over a century and now all of a sudden are being taken down. all this can get a little crazy. >> your point is so well taken.

that's another thing. i always felt go in there, mr. president, take them out, take them out, you know. but he's being taunted. i think a lot with these -- they're not protesters, it's not black lives matter. they have been all hijacked. it's like this antifa globalist assault now on america. they are taunting the president so he may be right to hold back a little bit because like in seattle, you want to say mr. president, take them out, you can do it in two seconds. i talked to -- we support the police so much, especially the nypd doing such a great job. that is one of the most elite law enforcement agencies in the world, the nypd. i talked to a couple, they call my show in the morning and i said how long would it take you to shut these people down. they go two minutes, joe. two minutes. but everybody's holding back. maybe that may be the way to go because if you come on too strong you will make matters worse. your point is twaenl. your point is well taken. neil: you talk to strategist, i know you do on your fine show,

who say the law and order thing might have been a sudden gift to the president that he was collapsing in the polls, his initial response to the floyd situation was deemed clumsy by some, not all, as well as the fits and starts originally with the virus. but this, he has more quiet support out there i think the silent majority as spiro agnew used to put it. what do you make of that? by the way, you and i are the only ones who can remember agnew. go ahead. >> if they take columbus, could you put up julian larosa? that's a reference i was going to make. tell you what, i will make a prediction. have i be i have been pretty good. by the grace of god on our show, we have been very very fortunate, if the president has to go heavy and i'm being respectful, i'm not inciting or being inflammatory, if the president has to go in and go quote unquote, heavy in there,

he will i think just accelerate his poll numbers and be more popular than ever. neil: we'll see. it's still early in the process. depends on how this year sorts out. my friend, always good having you. i always respect the way you respect your audience, they respect you, largely each other, but you can have a rational debate without, you know, poking each other's eyes out. there is that. >> listen, i love you, neil. always appreciate you giving me the opportunity, my friend. neil: leave columbus alone. leave it alone, joe. leave columbus alone. all right. >> don't you touch that statue. neil: don't you touch chris. you will sleep with the fishes. more after this. een-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app 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. . . ♪ we could never do what they do. but what we can do it be a partner that never quits. verizon is the most reliable network in america. built for interoperability and puts first responders first, giving their calls priority, 24/7. we do what we do best so they can too.

♪. neil: you know we always talk about the worries of a trade war. can we have a travel war any mention that because out of nowhere the european union is indicating that as it reopens its borders and it's a step by step process even though it is one union, you know, it is a country by country phenomenon recovering from the virus, they said when all is said and done they're reh reluctant from those coming from the united states into the european union. we're not doing a good control of good job of controlling virus

like brazil. that we're not doing adequate enough job to warrant to get into europe. this is obvious we were open to sending travelers to china and here this is could be start of something a little thorny. as well as charles payne who is here right now. hey, charles. charles: neil, thank you very much. good afternoon, everyone, i'm charles payne and this is certainly "making money." during world war ii americans were warned loose lips sink ships. peter navarro's loose talk with martha maccallum sent stocks into a tailspin a trump tweet turned it all around. speak of the president trump he is set to speak in yuma, arizona, in 20 minutes. he will make remarks about the completion of the 200th mile of the border wall. we'll bring those to you when it starts. president trump announce as extension of the green card b