big tech stocks losing some ground. tesla especially because it did not get the place on the s&p index that had been so much expected, so much for that. but that ask the way it has been, picking up from what we saw last thursday and friday. all right. our time is up. thanks to susan lauren. david asman take it away. david: thank you, ash. i'm david asman in for neil cavuto and this is "coast to coast." nasdaq is plunging again after the worst week since march. to fox news contributor jonathan hoenig and agora market strategist alan knuckman. gentlemen, great to see you. alan, let me go to you first. the pullback, it is not a great surprise. that is no secret. everybody saw the high levels when it would correct itself s

this just a correction or is there something else more insidious involved? >> i wouldn't use the "c" word. i would say this is profit-taking pullback. that is all this is. remember, the nasdaq, top 100, ndx were up 75% straight up off the lows. even after this pullback we're off 10% from the highs, they're sill up 66%. looking at the s&p, right now as it stands is 50% off that march bottom. so the end is not near. this is just a profit-taking pullback. this same situation is in place. let's see how things react. even with today, we're only down 3% in tech. that is not much at all. what i like to see with vix. the vix has a lower high than it had on friday even though the s&p had a lower low. that is very much a positive. david: jonathan what do you think? the end is not here. this is just a pullback. we could be way up again momentarily after the pullback

is finished. what do you think? >> put me in the bear camp, you have 80 new, 20-day highs, excuse me, only 8020-day lows. and the pendulum is to the bear side. we're due for some risk off time. i'm not one that buys it as our guest alluded to you never know a dip is just the dip or beginning after longer-term move. i think there are still a lot of pulls out there with a lot of call buying for example, out there, speculation out there. i think in a sense the next 1000-point move of the dow is lower rather than higher. david: alan, one thing long term that i have talked to investors about that they are concerned with are these lockdowns, these continued lockdowns in cities like new york, even though new york by the way has a virus rate -- >> 1%. david: less than 1% for four weeks now. it has met all the goals but it

is still locked down. i'm wondering if the market factored this in because it doesn't seem as though, even with the current pullback? >> i'm nothing but a price guy and this price pullback was warranted. it needed to be done. markets have to pull back before they go higher. i'm very much positive. if you haven't been long you've been completely wrong. i don't things changed that quickly keep an eye on the dollar index. a test on likewise of the dollar index could be positive for stocks, bringing the risk-on back into the game. i think this is temporary. we made all-time highs over rand and over and over again. last week was holiday week. that is when things get thinned and market gets nudge ad little more than usual. we'll see if people come back if the volume picks up. jonathan is right as far as the brett goes, the breadth is only in a handful of stocks.

you have to be a stock trader not an index follower because you have to find opportunities. david: i will ask the producers to put the sixth avenue shot on the screen. jonathan, i've been in new york for 40 years. this is the first tuesday after labor day i ever seen streets that empty. people are crossing without looking up and down the street. this is sixth avenue in manhattan. this is the heart of new york. the city supposedly never sleeps has been asleep for a long time now. the question, will it ever wake up. what do you think of the lockdowns. i know you're a technical guy. talk outside of your lane for a second. what do you think of the lockdowns? >> david, no question, new york, other big city, metropolitan areas will be changed for years, even when we do get a virus -- david: vaccines. >> yeah a vaccine to the virus, if we do get a vaccine. there have been longstanding economic ramifications. keep in mind that is what caused the downturn in the stock market

and the economy. david: right. >> wasn't so much the virus t was lockdowns. mandatory lockdowns. populations like new york city and businesses here in will be take years and years to unravel without question. david: alan, i think you're in chicago. jonathan, talk about chicago, are you seeing the same thing there we see in new york. >> interestingly enough, jonathan and i live in the same building in the heart of the financial district in chicago. david: i didn't know that. >> i'm at my beach house in michigan. i sneak out to get where it is. streets are empty. doesn't mean that the stock market cannot continue to go higher and higher. david: let's leave on the big news. not to diminish your views, jonathan. nice to leave on a up note. good to see you both, gentleman. >> thank you. david: 56 days until the election of the president trump taking the message on the road. is is set to tout the economic recovery in florida and

north carolina. both joe biden and kamala harris, visiting the battle ground state of wisconsin in recent days. joe biden is holding a virtual event there today. blake burman with the latest on all the events. reporter: we expect to hear president trump talk about the environment. democrats said the president has been absolute disaster for the environment, pulling out of the paris climate accord and deregulation. the president felt he is a steward for the environment and with it lifted up the economy as well. right now the president, it was just about to get on to air force one as of about 10 or 15 minutes ago. before he got on board that plane to head down to florida his very first comments to reporters once again were on the economy. this was part of the president's message yesterday on labor day, the unofficial start of the homestretch of a presidential campaign. once again the president wanted to talk about, well, listen

here. >> we're currently witnessing the fastest labor market recovery from an economic crisis in history, world history. by contrast biden presided over the worst, the weakest and the slowest economic recovery since the great depression. it was a long, slow, slog. reporter: while the president says we are experiencing a v-like recovery, joe biden and his campaign have begun to argue it is more like a k, with the wealthy experiencing stock market gains and those with lower incomes feeling the burden of lay-offs and furloughs from the covid-19 pandemic. >> president trump keeps talking about how great the economy is, how great the stock market is. the reason he didn't have the guts to tick on covid and threw up the white flag, he was worried if he started talking about saving people's lives the stock market may fall. reporter: left side of the screen, richard trumka, head of

afl-cio afl-cio a virtual event biden held with trumka yesterday. biden will be back on the campaign trail tomorrow, david. he will be in michigan following up the president's trip today to florida and north carolina, swing states, of course, crucial ones all. david: you know these analogies have to be clear. if you have to explain something like a k instead, a v is clear. you don't have to explain. a k, seems too much -- >> president says it's a super "v." i guess you could ask what is a super "v"? david: k is difficult, i think after breakfast cereal when i see a k. thank you very much, my friend. polls appear to be tighten in battleground states. "real clear politics" average showing north carolina within a percentage point and florida 2%age points. to founder tom bevin and gop fund-raiser noelle nikpour with

joe biden's lead narrowing in key states. tom i want to ask you. you got the economy which fox business talks about all the time. you have the question of law and order which is getting worse and spreading to places like pittsburgh and rochester, new york, where we didn't think it would be going. you have the virus, you have ending the lockdowns. which of these issues is causing a narrowing? >> all of them. david: okay. >> no, there is a lot at play. obviously the focus has shifted rather dramatically from the coronavirus to the law and order. even biden fighting on that turf right now. the economy came back into play with the good jobs numbers last week. as you mentioned president trump is now starting to talk more and more about the economy. health care is another issue that is at the top of minds of voters around the country in all of the public polling. look there, is no question, that this race has tightened. you mentioned florida. biden's lead in florida at the beginning of the democratic

convention was five points. it is now under two points. north carolina, as you mentioned under a single point. we had a poll out in pennsylvania showing that race two or three points. another interesting data point, david, is that there was a poll out this morning among latino voters in florida by bendix son associates. trump is actually beating joe biden among latinos. he is up 38 points among cuban-americans in the miami-dade county. so that is one of the reasons i think coming out of the convention his message has resonated with latinos in particular. david: noelle, let me ask, take the latinos, the law and order message resonating with them, the economic message? what do you really think is getting through to voters? >> i think it is both. i will tell you another thing, i read an article recently in "real clear politics" about suburban women, how trump is making an appeal to suburban

women on issues like crime. you've got to remember that in all of these big cities you've got a lot of suburbs that surround those big cities. it makes it, you know, it shoots it back home when you see your major city you live on the outskirts have violent protests. there is a big difference between violent protests and silent protests. you're seeing a lot of vandalism, a lot of looting, a lot of murdering. you're seeing a lot of these things. it is making suburban women which are very, very dependable voters seeing women think twice. they may not be very fond of trump's personality, but when you put safety and the economy, i think it trumps personality. i think you're seeing a shift back to trump. david: tom, you have the shifting with regard to the democratic message on violence. they didn't say a word about it during the convention and even

though biden came out said he is against violence. he hasn't been specific about blm or antifa, that sort of thing. not only that you have rioting in rochester over the weekend. cuomo who is not running for anything right now, his main spokesman came out called them peaceful -- these are peaceful protests what she said. these are people who go and throw dinner plates from people eating outdoors into the streets. that is not peaceful protesting. that message, the democratic message on law and order seems to be failing. >> well, i mean remains to be seen exactly how much traction that trump will get with this message because i think there is a couple things. trump if anything he is a real blunt talker and uses blunt instruments. david: you think. >> phrases like law and other. focus groups and poll having shown suburban women in

particular are interested in public safety. that is much more nuanced term. less edgy term. that i think is something that suburban voters and suburban women are particularly interested in. it's a question of messaging. biden has been trying to thread that needle look, because he has got a portion of his base does not want to hear him talk and condemn protests or condemn, or you know talk about the police in favorable ways. both sides are trying to get the message right on this. it remains to be seen who will win out at the end of the day. david: noelle you have the shutdown controversy. you have a lot of shutdown hypocrisy. nancy pelosi gets her hair done without a face mask on. gyms in san francisco open to government workers, not private citizens. does that worry people that he is not taking the virus serious

enough? >> no. not at all. what is really sad is you know, science is now become political. i never really thought i would see the day where we have a widespread virus that has become either democrat or republican. so you know, i think if, if you like trump and you like the way he handled the virus, then you're going to support whatever he does. if you don't, you're going to find a reason not to. but i really think going forward, pandemic set aside, covid-19, set aside today, it is going to be the economy and crime. now, saying this, once we enter into flu season, once we enter into, you know, mid-october, we could be talking about a totally different story if you start seeing a lot more cases with covid and flu and hospitals trying to report and decipher between the two. david: if we have a vaccine in october, that could change things dramatically as well. >> sure. david: the president talked

earlier by the way before we left on his campaign trips. we have tape play back of the president speaking. here it is. president trump: thank you very much. great jobs numbers. you see what is happening with respect to the economy. vaccine is looking very good. pretty soon we'll talk about that a little later on. we're going to florida. we're going to north carolina. we're doing a double stop. we'll be doing some triples along the way but right now we're in earlier stages. the poll numbers you saw are very good. they're really getting good despite all of the disinformation campaigns that the democrats run, pure disinformation. so we're doing very well. we'll have a good trip today. i will see you during the trip. any questionses? reporter: mr. president -- reporter: [inaudible] >> if i have to i would. we needed to spend more money up front because of the pandemic and statements being made by democrats were again disinformation. we've done a great job with

covid. we've done a great job with the china virus, a great job. whether it is ventilators or whether it is vaccines which you will be seeing very soon or therapeutics we've done a great job but the press was fake and we have to spend a lot of money. no, if we did need, we don't, because we have much more money than we had last time going into the last two months. i think double and triple. but if we needed anymore i would purity put it up personally. like i did in the primaries. in the 2016 primaries, if i have to i will do it here. because we don't have to. we have double, maybe triple what we had number of years ago, four years ago. reporter: [inaudible] talking about -- president trump: whatever it takes. we have to win. this is the most important election in the history of our country. we have a radical left group going around, these people, there is something wrong with them, there really is.

there is something wrong with them. joe doesn't have the strength, he doesn't have the mental capability to control these people. and you take a look what is going on and i i look pittsburgh, i look at rochester, i looked at l.a. last night, i look at the democrat-run cities. you look at portland every night. they don't have the strength, i don't think the democrats have the courage to control these people. they're afraid to even talk about law and order. they can't issue the words law and order. all we want is law and order. i put out something, the suburbs are coming big to us because the suburbs are next. if you elected this guy, the suburbs would be overwhelmed with violence and crime. so that is where we are. this is the most important election in the history of our country. so that is it. we'll see you in florida. thank you very much.

david: wait a little bit to zoo h see if he makes a final comment. that is clean departure by the president on to florida and north carolina this is pretty much of a campaign trip. he uses his own money necessary to win re-election, that is how important this election is. he also mentioned the riots happening in various cities around the country, spreading to places from portland and new york, which we have come to expect over the weeks. to places like rochester, new york, protests there now leading to daily meetings between police and city officials who are looking to quell the violence. fox news correspondent. aishah hasnie has the very latest on all of this. reporter: hi, david, that's right. rochester's mayor facing a lot of pressure these days not only from protesters who would like her to step down but the city

council investigating looking into what she knew, how much she knew and when she knew it after five nights of unrest, protests were mostly peaceful on monday. a small group of protesters sat naked outside of the public safety building in solidarity with daniel prude, the 41-year-old man lost consciousness in hands of police, lying naked with a bag over his head. he died in the hospital. his death was ruled homicide but the autopsy found pcp in his system. mayor, lovely warren promised police reforms. she will talk part in daily public meeting with police and the city counsel. 300 miles just south of rochester, blood continues to spill in the streets of new york city. 28 people were shot between friday and monday. including a 6-year-old boy near a celebration in brooklyn. police commissioner determine not che pushing back again there

might be a nypd slowdown. he says that is not happening. instead touting a 25-year high in illegal gun arrests while admitting he is worried those arrested will wind up back on the streets. listen. >> putting themselves on the line every day as they have been. we're up in gun arrests for the month now. the problem is, there are too many guns out there. there is not enough consequence. reporter: david, as for the rochester briefing that will happen every day now that happens three later today. we'll keep it an eye on it for you. aishahdavid: aishah hasnie thanu very much. staffers for new york governor andrew cuomo saying protests are peaceful despite attack on police officers and people sitting outside of restaurants. former nypd police lieutenant

darren porcher is here to talk about this. melissa derosa, is top aid of governor cuomo. she sent out a tweet when the president talked about rochester and how awful it was. sadly for this president a peaceful protest is a bad night. you look at what happened with that peaceful protest, not only the people that were sitting there trying to eat a dinner outside get a break in this lockdown, the owners of those businesses who have been struggling desperately to stay alive because of the illegality of inside dining, do you call that peaceful? >> absolutely, in no way, shape or form do i see this as peaceful protests. we're looking at socioeconomic impoverishment plaguing our nation as it relates to the covid-19 pandemic. so there is copious funding that is going into different programs and initiatives and when we look

at the funding of police in connection with placing a moratorium on the violent protests it is really setting back that particular place, such as rochester. many of these institutions, i should say institutions, many of these cities such as rochester, chicago, portland, seattle, have more so itemized as opposed to organized. when i say itemized, they look through monolithic lens and side with the rioters, as opposed organizing bringing in more comprehensive mechanism of police, community leaders and elected officials and that hasn't happened. i do see something different happening in rochester. let's keep our fingers crossed. because they're now starting organized process of coalescing with police and the elected officials. david: one thing that connects the violent riots with the street violence we've seen growing in places like chicago and unfortunately recently like

new york and everything, the pullback of the police. the fact there has been either direct defunding of police or non-support of proactive policing. is that the connective tissue between these two kinds of violence? >> i think in many aspects that is absolutely true. the defunding has somewhat been a referendum on policing, who subsequently is suffering the community at large. many of these communities are under siege. they desperately need police. there have been polls taken throughout the united states that have introduced information that the african-american community clearly wants more police in their neighborhoods, however they want it done quintessentially. when you look to regress or defunding the police it is only hurting those communities as a result. there is a connective tissue as you mentioned between the defunding and meteoric rise in crime as a result. david: you know it is, we know

it is no secret it is the minority communities that are most hurt. the most of the people who are dying as a result of the non-active policing that is going on there, as a result of pulling back police are minority communities. they are the ones suffering the most. the poll you cited by the way was a "gallup poll" showed 82% of african-americans felt there should be the same or more policing in their neighborhoods than has been done. so, how can it be that the community leaders, the mayors, and the city councils and, i have to mention that they are virtually all democrats that are pulling the police back, how much longer can they go against the interests of the people they're supposed to represent? >> you know, that's the million dollar question in terms of how much longer than it can go. when i revert back to a place like new york city, mayor de blasio aligned himself with the protesting or faction

driving the left. as clearly saw, it opened up a lane for criminals to manifest with unlawful behavior this is one of those things where we need applausessable solution to come from elected officials. unfortunately the democratic party has not introduced that solution. and these populations are under siege. more so specific, the african-american community because these are communities primarily being plagued by gun violence. therefore we need a solution but it hasn't been introduced by the democrat i cannily-elected officials. david: i should mention one democrat who has been involved from the outside in politics for a while now, don peeples who announce he may be running as a democrat. he has been very supportive of proactive police, the kind that straightened this city out in the 1990s and diminishing of which is turning us back 30 years. there are some people standing up. the question whether it is the

same in other cities as well. we'll see. i lived here a long time. i love new york. i will not desert it. i will fight for it. i think a lot of people like me live here. we'll make it through. lieutenant porcher. thank you very much for being here. >> great to see you too. david: thank you. coming up, mortgage refinancings jumped 200%. we'll tell you why, how you can jump on that coming up. ...so we can spend a bit today, knowing we're prepared for tomorrow. wow, do you think you overdid it maybe? overdid what? well planned, well invested, well protected. voya. be confident to and through retirement.

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now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. david: parents desperate to get their kids back to the classroom are driving admissions up in schools offering in-person learning even if that school is thousands of miles away, literally thousands of miles away. kristina partsinevelos has the very latest. that shows how desperate parents are, right? reporter: oh, that is the perfect word to use, david, desperate. so many school districts across the country only offering remote

learning which is why you have parents that are scrambling to find ways to avoid having entire semester online, i should say, zoom. some families wealthy enough are uprooting their entire family to get those districts that offer in-person learning. we know from education week, there was a survey, 73% of the 100 largest school districts across the country are offering only online learning. it affects eight million students across the country. some schools are paying attention and are catering but at a hefty fee. i'm standing at avenues, which is a private school in chelsea. they decided they were going to open up a second satellite location in the hamptons. why? because so many new yorkers have second homes over there and wanted to have the, sorry, in-person option. that is exactly what that campus is doing. we also spoke to two administrators at a school in florida. this school would be private

palm beach day academy, offering in-person learning exclusively. he said there are influx of applicants from the northeast. listen in. >> out of those applicants, 77% from coming from the northeast. our enrollment numbers is increase of 1% from this time last year. some families they have kind of had their sights set on florida, but kind of waiting for something to give them that last push. the covid-19 -- [inaudible]. reporter: first and foremost we know the health and safety of our students and our educators are the top priority but child care issues is another issue. last but not least, the concern of the quality of an online education. numerous studies saying a lot of the year could be remote that could have a debttry mental effect on your -- detrimental effect on your child's education. david: a lot of charter schools, parochial schools are picking up

the slack. they are opening when many public schools are not. they may benefit somewhat from this. thank you very much. that was very interesting report. i appreciate it, kristina. falling mortgage rates are propelling refinancings with new data showing a surge of over 200% of refinancings from a year ago. of course you have got to look at the low interest rates. there is your answer. to katrina campins whether the trend will continue to soar. first of all, i'm interested whether this is happening in both rural and urban settings? >> so what -- i'm actually located in south florida. thanks for having me today and as your previous segment mentioned people are flocking from the northeast and real estate in general this time around is really bringing us out of this recession. people have reevaluated the importance of home. people are located themselves now in suburban areas. they want more space. they want home offices. they want space to actually do

homeschooling as well and they want more space in general. so you're seeing people move away from the cities. you're seeing people move away from new york, from california. moving to florida. we're seeing people come here by the thousands and because of that, the real estate market is on fire here. so you're getting multiple offers on properties which we haven't seen in years. people overbidding, as you mentioned, mortgage rates are very low. i believe they will continue to stay low because there is a lot of cash being saved by people. even though people are in forbearance, believe it or not people are paying their mortgage. they don't know what the future holds. as far as real estate is concerned. people are surprised how well the real estate market is doing during this pandemic. david: katrina, obviously it is a tremendous boost to get all the refinancings in. a lot of banks are concerned, what happens if interest rates do bump up?

i know they're told by the fed and others it won't happen. we saw uptick in inflation as a result of some of the salaries which is good news going up with the last jobs report. the banks may not get their return if inflation and interest rates do spike. so are they being a lot more selective about who they give mortgages and refinancings to because they have to besured they will get paid back? >> you're absolutely correct. they're being very particular. they're overwhelmed, many are increasing rates as a result of that. we did see a slight increase in the past two weeks but in addition to that, banks are actually being very cautious who they loan to. but more so because of the amount of volume. they're completely overwhelmed with people refinancing. but i think it's a good turn of the economy. i think we're beginning to see people get unemployment, it is going down. people are actually purchasing real estate. they're refinancing.

so we're seeing the economy come back. we're seeing the american people just ready to get back to work, which is helping the situation. real estate in general is doing very well. instead of prices dropping, you're actually seeing an increase in prices. david: yeah. >> because there is such a low amount of supply in the market. i think that is another really important point here. david: i have to interject, katrina, because it is a different story, it's a tale of two cities literally. right here in new york we have seen real estate prices go down as a result of a lot of people moving out and not as many people moving in to take their place. i'm just wondering if the commissars who prevent the opening of the economy here in new york, the mayor, the city council, people like them who don't seem to have a clue what makes new york tick, if they continue to force a lockdown, do you think,, i know it is not exactly your territory but

cities like new york come back? >> i think the mayor needs to focus and change the policies and his mind set because new yorkers are fed up. they're flocking to florida for that reason. you know, they're leaving democratic states and they're coming to red states. that is why you're seeing texas on fire as well. it is no coincidence that the red states are doing extremely well. as you mentioned, you know, real estate is doing well but in florida it is doing well. it in texas it is doing well. doing extremely well in the red states. in the blue states it is not. new york is suffering big time because people are leaving the city. they no longer want to be in that environment. technology allowed them to move. it is really important for new york to get itself in order. otherwise i believe they will continue to lose a lot of new yorkers who are just fed up. david: not only new york of course. it is chicago, los angeles, a lot of cities. finally very quickly. corporate real estate is suffering also as a result of this lockdown. people are not wanting -- companies are thinking of ways

not to bring people back because it is a lot cheaper on overhead if people work from home. is that sort of thing happening in red states like florida as well. >> we're beginning to see people reevaluate for all the over head for office space. we're also beginning to see multifamilies because the -- market is doing extremely well because of he relocating. whereas the retail spaces are not doing as well, because a lot of businesses are going out of business. david: right. >> as a result the landlords are suffering. it depends on the product type for real estate. industrials doing very well. multifamily is doing very well. the retail centers are not doing as well because businesses are suffering. david: katrina, i could go on, but we've run out of time. that was a great overview of real state. katrina campins, thanks for coming. >> thanks for having me. david: many new york restaurants are likely to close for january,

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david: a startling new survey says nearly 2/3 of new york's restaurants are likely to close by year's end without government support. to an owner, camilla marcus, whether the restaurant industry can be saved. camilla, i'm so sorry to hear this morning you gave the keys to your landlord, right? >> indeed we did. david: unbelievable. tell us before you go into specific details about that, tell us what the restaurant meant to you. how much of your time and effort and energy and faith you put into it and what it means giving that up? >> well, it has been my life for over three years and, you know, everything about restaurants is personal. it is all about our people more

than anything, you know. it is a home for all the people that we take care of day in and day out and all of our amazing team and unfortunately no words to explain the heart break but right now restaurants are in an impossible situation that has been going on for six months, with no plan being outlined at any level of government. no structural finance ago relief for our industry specifically. it has been so hard, so long. a lot of us as i wrote in my op-ed for the weekend. a lot of us have personal guaranties on our leases which i hope to go away in the future. it is being leveraged for a pandemic none of us -- with that kind of personal financial liability, i have a family. i have a young child who is one years old. i can't put that at risk. and it is, impossible and deeply unfair but unfortunately restaurants are bearing the brunt. david: camilla, i imagine you

have your own views about the governor coming out, the governor and the mayor coming out saying probably not until next june will they allow indoor, indoor dining when in fact we have met all of the goals, the infection rate from covid of those tested has been below 1% for the past four weeks now. so that is surpassing the goal that they said. there just seems to be a callousness on their part in terms of understanding the importance of people like you who spent their lives dealing with business and now have to give them up because of rules that are so arbitrary? >> well, it is more complicated and deeper i would say. you know, really the key when you think about restaurants is employment. i had had 1000 square feet restaurant, i employed 30 people. the jewelry storm next door same amount had one employ eve. the cvs on the corner pails in comparison.

we need bold action and frankly a big restructuring plan. we can't live month to month with two-week executive orders and emergency statements and quick ideas. this is -- six months, and looking like another six months to a year, if not a year-and-a-half for our industry to stablize. our income has gone away around 75% of our industry. 75% of our income gone since march yet all of our expenses remained the same. [inaudible]. no industry specific funding there is no restructuring plan at any level of government. what we need from the mayor and the governor particularly in new york is a plan for our industry. david: have you, camilla, forgive me for interrupting but have you reached out to the mayor's office, have you reached out to the city council, the governor, to try to plead with them to listen to the business owners and for them to hear what you folks need to stay alive?

>> so opportunities for all restaurants was founded on march 18th. we call it roar. we have been working closely with the governor and mayor in fact. david: but they're not listening. camilla, they're not listening. he has met his goals, his covid goals yet he says june is the first time for indoor dining. you can't survive on outdoor dining alone particularly as winter is coming in. >> i think you will see the rhetoric change in the coming weeks. they are listening. david: i hope you're right. >> [inaudible]. indoor dining is cure-all, also no. we need much more than indoor dining. limited capacity will not -- [inaudible]. these are all steps in the right direction but we need much more structural and liability protections right now. it is only one pies of the puzzle. david: the liability protection is interesting. the financial relief, cities, i don't have to tell you have not been getting their income which comes from tax revenue for the past, five, six months.

so they don't have the money to provide you with relief, do they? >> we're not asking for financial dollar relief but truth is they're not really in a position from 100 to 50. we're talking about zero to 50. if all the restaurants go there is obliterated tax rate. we pay payroll and real estate and state and city, taxes. our tax base is massive. we employ a million people in new york, if that goes away that will be a worse financial burden for the city. not to mention people working in restaurants be on social services and structurally employed. we're not asking for cash back. we're asking for either tax relief or looking for structural relief. we need personal guarranty protection through this crisis. we need a halt on rent. they closed us down overnight. our income has been obliterated since march, yet we're expected to pay every single expense as if it is february.

david: it sounds like you're making extraordinarily reasonable demands. it is not even fair to call them demands. they're requests but again you deserve a lot more attention than you have received. i hope you're beginning to receive more as you say and i hope the governor, the mayor, the city council, rest of them act on it because you guys are the lifeblood of the city. i love this city. i want you to survive. i hope you do. i'm sorry you had to turn in your keys today. best of luck to you, camilla. let us know what happens, okay. >> thank you. we need public outrage to match ours. david: i'm out of raged, believe me. we're not going to sit down and take it anymore. camilla, thank you very much, camilla marcus was the owner of and thank you her for coming on. coming up why investors are continuing rotation out of big cap momentum stocks and where they are putting their money now. details coming up.

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david: charlie gasparino has an update on a possible deal to buy the new york mets. charlie, this seems to be one of those stories that never ends. >> this one is coming to an end. it will be steve cohen.

i will get to this in a minute. i want to say that was a fascinating segment you did with the restaurant owner. david: god bless her. >> i've been doing a lot of reporting on this. here is the thing when i asked como's office why can't they open inside with significantly less capacity, maybe 25, 30%, they point to the de blasio. they say they can't tell de blasio, the mayor of new york city to, to open up, to allow indoor seating in these restaurants. so there is a lot of, you know -- david: fingerpointing. >> another thing. a friend of mine owns a restaurant, he could possibly deal with outdoor seating during the fall and early winter if they could have heaters but this shows you how crazy it is. the fire department won't allow heaters outside. david: oh, boy. >> they're going to destroy a business by the way, new york city restaurants, employ 300,000 people. david: that's right. >> mayor de blasio said, a lot t

of rich people eat at restaurants? a lot of working-class people work at the restaurants. just so you know. david: when i started here -- you know what is great about new york, and what's great about restaurants, it provides employment for people thinking of starting out, thinking of, they can't make enough money as writers, whatever, so they get a job at restaurant. that begins, that is where most of the talent, i shouldn't say most, a lot of talent of new york actually comes from. >> yeah. people that are actors, up-and-coming actors, working their way through law school. people that own the restaurants, generally, i would say 99% of them are not billionaires. they're chefs. they're hard workers. david: that's right. >> they're destroying a huge part of the economy. i will tell you the restaurant associations are in contact with cuomo's office every day. cuomo's office, people there told me that they believe in the coming weeks there will be some loser restrictions. david: i really hope so. that woman, by the way even

though she had to turn in the keys to her landlord this morning, which is so tragic, she was hopeful there would be progress. not in her restaurant by the way, but working for the whole city. charlie. actually i think that is more important story but it is true -- >> let me be real clear. david: 10 seconds, go ahead. >> 10 seconds. steve cohen is progressing in his talks to buy the mets. david: okay. >> two things, deal could be done in coming weeks. david: yes. >> or even days. mlb owners likely to approve in november at their next meeting. david: charlie, you did it. god bless you. thank you very much. good discussion, charlie. nfl commissioner roger goodell says the nfl is prepared to play a shortened season. brian kilmeade with the dope on that coming up

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find a stock basedtech. on your interests experience amazing or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. ♪ ♪. david: welcome back to cavuto "coast to coast" i am david asman and for neil cavuto. stocks plunging as big tech continues to solo for three straight, this is the third straight session, more on that in just a moment, we are 56 days away from the election as president trump heads down to florida and north carolina, we will be talking to brian kilmeade and just a moment but let's get a fix on what's happening with the market the nasdaq down another two and a

half percentage point right now, it's really taken on and it was down below 11000 a little earlier in the market in general as bad as they are recovered a little bit to former dallas fed advisor and intelligence llc io danielle and john tammy on why technology is on its worst run since march. i think some of the pullback is due to concerns about cities like new york, cities like chicago and cities like los angeles which continue to engage in this lockdown mentality which is not only destroying the businesses within their environment but also the city finances themselves even though they were in bad shape to begin with. what do you think. >> i think it's a combination, let's never forget they never just correct it's a surprise and i think part of this is

political and i think it was a bit of a surprise, the atlantic story however, poorly sourced and that maybe put a bump in the road for what the market thought was a victory for trump, trump has good and bad qualities but probably good for markets and that the source of nerves but to your point, there is also a constant surprise and politicians are not going to take the purpura video boot off of the economy of cities and the likes of the cities. that has to reflect in stock prices. david: absolutely, there is only so much that the fed reserve or the federal government in general can do to help the economy. the real economy, the people from whom the fed and the federal government gets its money, that has to be restarted for things to really turn arou around. >> you do, you have to have your

taxpayer-based to come reignited and become part of the economy, once again and what we see unfortunately with a lot of the stimulus legislation that is in past, is largely left behind small businesses across america that are literally starving for revenues and not able to open up, the legislation that was passed never said restaurants are going to open up at 25 - 50% capacity if you're lucky in a city where you're lucky enough to open up, there was never anything crafted specifically for the backbone of this country that employed 47% of americans before the pandemic and i would like to see congress come together and put together solutions for some of the hardest hit industries. david: isn't the federal reserve pretty much irrelevant at this point when you're talking about restarting the private sector of the united states of america. >> i would just ask when the fed

has been relevant, the idea that the central planners in washington can decree easy credit or access credit is always defied common sense and i don't know why people focus on the fed much at all but i think danielle hits on a more important point that the businesses in the individuals who make up the economy are having trouble right now. i don't think congress can fix that, i think what fixes it is get back to what prevailed before march when people were free to produce and they produced and produced abundantly in the economy was doing very well. in the lockdown that make no sense in terms of fighting the virus and make no sense economically, once you do that people will start producing again. david: does not depend on the federal government or on local government, again you see tremendous differences between blue states and red states in terms of their decision to lockdown. >> as a former native new yorker, i've to say i was very disappointed the indoor dining

was not going to be allowed to be opened up, we have flattened the curve in texas and we done so successfully in our businesses and restaurants with air-conditioning and all are reopened, as long as there is a blueprint to provide and chose a way to open the businesses, it should be done regardless of red state, blue state or wherever, they need to be reopened. david: the doing and places like hong kong and south korea in the doing and places in europe right now and very successfully and again, we seem to be getting a measure of success in terms of therapeutics on the virus itself, let's hope we can in the lockdowns. good to see both, thank you very much. it is time for "fox & friends" cohost brian kilmeade, we thought we lost you for a second but good to see you. >> there i am. let's first take a soundbite of president trump talking about the violence that every time we think that we get a jump on the

violence that is happening in terms of the protest turning into riots, something bad happens and stuff that was by the happened this weekend like rochester, new york and pittsburgh which we thought were immune to the stuff, here's the president from earlier today speaking about. >> pittsburgh i looked at rochester in l.a. last night, i looked at the democrat run cities, if you look at portland every night they don't have the strength, i don't think the democrats have the courage to condone these people. they were afraid to talk about lot in order, they cannot issue the words law and order, all we want is law and order. david: yard vice president biden coming out and saying he's against violence but not specifying. it is clear these are bml - blm rallies in antifa riots, he is not naming them by names and they're not stopping, they

continue to spread the places we never saw them before, is this a liability for democrats? >> i think so and people always ask and ask you all the time, who do you think's going to win the election. i annoyed you what's around the corner, if you told me in february we were going to have rights and cities small and big across the country, 250 some of which are totally out of control the mere thought would be a good idea to stand back and watch, it changes the dynamic, why do i know it's working for the president, joe biden is saying how bad it is, why do i know it's working for the president, now when joe biden says staffers, 13 of which gave money to the rioters to get them and bail them out of prison and publicly kamala harris did the same thing, they now are running from the movements, they realize riots are not good for everyday americans that have businesses and want to do horrible thing of having lunch in there being

screamed at and is caught on video. they cannot get out of control and they sage trump's america, i don't know how you feel about it but it's not sticking, the president is not the dictator he's been claimed to be, he knows its mayor, governor, mensa polity and him and he saying i'm here to help, yesterday when asked joe biden when he ran for antifa, he said have a problem with all violence, kamala harris did it in either did the biden spokesperson. why not come out against this organization that wants to destroy the country, what is hard about that? david: he is very light on specifics, vice president biden is, when he is specific about the virus for example he has tried to pin the virus itself even though it obviously started in china and spread through europe et cetera and tried to pin on trump and pelosi is calling at the trump virus. when he is asked what he would do he said he would speed up research for a vaccine. that exactly what donald trump

is doing. it's only when he is forced to be specific, he gives us specific from the trump playbo playbook. >> listen, it's going to be our reporters on the field on the few times once every ten days to ask the tough questions of joe biden before the debate. he has not asked anything. you said the three months ago and are saying this now, why haven't you got out of the way to condemn, why would you say any followers of the line that harassed diners or i don't want your vote, why not come out and say that. it's a series of things that are happening right now. david: i'm sorry to interrupt, we decided interview with the restaurant tour, i saw you on another channel so i know you miss the interview. i gotta tell you it was heartbreaking, she had to turn her keys in to her lien lord this morning and just as these

guys were finally getting a little bit a break with outdoor dining in the rioters attacking outdoor diners which destroys the one little sliver of what they used to have, here is a new york restaurant tour, let me listen to the clip and let you listen and respond. play the tape. >> right now restaurants are in an impossible financial situation and it's been going on from a six months, no plan being outlined at any level of government, no structural financial for industry specifically in its hit so hard and so long. >> she was barely diplomatic but talk about governor cuomo and mary de blasio who are doing essentially the same runaround same dancing that's been done in democrat cities around the country with regard to lockdowns, aren't democrats going to have to come up with some answer to the lockdowns situation, want to become an issue in the campaign? >> i think you have to you know more about businesspeople than i do but i can relate to restaurants. we had a bar and we live paycheck to paycheck, one-time

70 got drinking under age, the age was 18 with a phony id and my dad was shut down for three weeks, we did not know where the money was coming from, these people have been shut down for four and half months. they have responsibilities, leases that have to be sufficed, food that's gone bad, they reordered it, then he went back because the wind closed again, this is unimaginable and guesses getting paid through this whole thing, all the politicians. i think that direct deposit goes right to cuomo and de blasio every single day and we still wonder where the billion dollars into his wife's thrive program. that would help out restaurant owners. >> that's another issue we tried to check the money hundred billions of dollars which are accounted for. really quickly we have 30 seconds, the nfl's opening the season, what kind of season is going to be? >> i think it's going to be a season without fans were getting used to that but also demonstrations and we will see if fans are going to be okay with it because before the game

they will have the black national anthem and afterwards a whole bunch of players will kneel for others, that was a turnoff in the past and will see if america has changed, one thing is pretty clear the nba readings have suffered in regions baseball has suffered, i'm not sure the mls was a high to begin with, i'm very curious but i know america loves football and i cannot wait to see it beginning on thursday but most of all on fox on sunday. david: america loves sports comments were to be a tough year. brian kilmeade, great to see you. i'm glad we found you. >> i am here. >> your wife was calling us. you should call her right away. good to see you. appreciate it. nyc leadership facing heat from restaurant tours and we just heard about reopening delays, has the mayor of the great city of new york lost sight of what a capitalist new york should look like, my take on that coming up next. ♪ ♪

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more social economic policies in your city. by his own admission when we started talking about restaurants reopening, by his own admission he heismiss aurerastntrepenirengpes somset s ly the w tlthy peopl peoo p aeoo anhould s n s n s n s a prior petencore m f de as i this is lt t moreoreiale ise demode ies t n tew norewk city,ore sorliorst poricies to www yw y tn ever have se befor vi ovine ovifvi subtitlubesti of my colonist, he honeymooned in havana and fidel castro's, he went to nicaragua, the guy does seem to have a pension for think socialist and even the governor of new york, he is a liberal democrat, he has chastised blog seo saying you have to

understand 50% of the city's revenue comes from the top 1% of the people. you cannot chase the rich people out without the city getting sunk. >> that is right, pretty much whatever newspaper you pick up lately whether it's on the left, the times, somewhere in the middle and anything in between, you see reports of new new york city population and the mass exodus, places that are slightly lower in taxes. there are people staying in the hamptons because they can avoid the 3.85% voluntary essential income tax that people pay for living in the city of new york. we have lost the premium for limited new york city, restaurants are still closed, gems are only open a certain capacity, you cannot see a broadway play, the reason peopl. david: forgive me for interrupting but the key is people in new york are well-off when they feel safe, they don't

feel safe with the quality of life issues, the first time i knew we were in trouble with mayor de blasio he began to change the quality of life issues that really made a difference to crime in new york, things like arresting small crime like jumping the turn styles and subways that begin to legalize your nation in public, these are disgusting things but you gotta talk about them because they affect the quality of life, by the way not just your commies all the same in san francisco, the same in chicago and when you run the quality of life, people don't want to live here anymore. >> people are being chased out by a small vocal and angry minority of new yorkers who actually want to see the police defunded, the people that amount to the vocal calls for defunding the police are so minutely small, we see people across the city asking for more police in the neighborhood, more proactive police and people like bill de blasio are willing to bend the knee of whatever # takes over twitter for the day.

david: in the 1990s we saw even liberal new yorkers vote for rudy giuliani because they were thought up, they were fed up with deterioration of quality of life and the increase in crime and businesses moving out, liberal new yorkers voted for giuliani who turned the city, are we ready for another major change like that? >> i think we are, i think the next race which happens next year is going to be less about who's the biggest progressive cheerleader and more about who actually has the desire to be the meat and potatoes leader of the city to actually worry. >> do you have that desire. >> we will see. but we really need somebody to focus again on the quality of life and making sure the grass is cut in the parks and people who are arrested are actually kept behind bars and they committed violent crimes and things like that. unfortunately, we just have become a city where the democratic primary has determined our leadership for way too long.

david: councilman, would you go as far as don peeples, a moderate democrat who is against the policy and he said neil cavuto last week, he said he was thinking about running, would you go that far? >> absolutely, to me and matters less about republican versus democrat and somebody who wants to do the job and make the city better. david: aneesa buddy who knows how to make the city better and clearly rudy giuliani knew how to do that and don peeples as well, doesn't matter if you're t or republican you have to know how to fix things. i would say you and don know a little more about it than the current mayor does. good this year. thank you for being here. new signs that china may be configuring his military against the u.s., what experts are now warning, more of that after the break.

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david: the pentagon warning in a newburyport china has the world's largest navy and that has experts worried it is not improving in size but and ambition to china analyst gordon chang who has been warning that china may be configuring his military specifically to target american lives. let's start right there, that is pretty outrageous idea, do they really have what it takes to take on the united states right now? >> they do for instance the south china sea, east china sea, many analysts believe they would win a war with the united states in those areas. we know of their ambitions, and 2018 in the spring they actually caused i injuries to both pilots of the u.s. c-130, this was over

djibouti in a different part of the world and africa but it shows a malicious ambition. if you are trying to blind the pilots of the plane you're trying to bring down the plane. if you try to bring down the plane you're trying to kill the crew. china has been laser in airplanes, not just in djibouti but the south and east china sees. david: as ill intentioned as they are, the chinese government is well aware that a conflict, military conflict with the united states would put two nuclear powers conceivably the largest military powers against each other in a nuclear configuration that could really destroy and lead to the death of millions of people. they would not go that far would they? >> i don't think so, david, but we really don't know. we don't know china's nuclear doctrine. they founded the people's republic and talk out loud and

said we could absorb 300 million casualties because we got more people than the united states. we for chinese military officers threatened to nuke los angeles, threatened to nuke taiwan. these are statements that do give us pause about what chinese generals and admirals actually think. david: may be again ibm pollyanna-ish but i hope they care more about their economy and their future than what they went about being a nuclear war with the united states. let's talk about specifics on the navy which is caused a lot of alarm in the pentagon. general jack king says it's true that the quantity of their navy is now larger but the quality is insufficient to take on the united states, that is their ships are not up to the speed that ours are. in the navy sailors themselves are not trained as well as ours, when you say that? >> we had two terrible

coalitions involving the mccain and fitzgerald due to insufficient training of surface warfare officers. i don't know if our officers are actually trained as well as china's. the general is absolutely right, our ships are better quality speaking the china's but china has more ships that we will have and that gap will increase it as military analyst said sometimes quantity is quality in reaching that point. david: we are not standing still, we have a president who is determined to rebuild what we have lost over the previous decade in terms of military superiority on the water and you think as they build up we can actually extend our buildup even further? >> we will extend our buildup because of president trump's shipbuilding program and is program to revitalize the military across the board, that is absolutely essential but we gotta remember at this time

china has weapons that are better than ours in china has classes of weapons that we do not have. we've got to be concerned that our buildup has got to be rapid fast and not every political party in the u.s. agrees with president trump's plan. david: very quickly we only have ten seconds, what weapons do they have that are better than ours right now. >> they have ballistic missiles that are ship colors that they say were, we do not have them. there certain classes of cruise missiles that we do not have and the list goes on and on. david: gordon chang, frightening stuff but we should know it. thank you so much for being here. president trump pushing for a vaccine as early as next month, is that doable? details coming next. ♪ -its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter,

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david: the race for a vaccine is hitting warp speed, president trump says a vaccine should be on the market before the end of

the year again it could be in october before the election, how close are we realistically speaking, fox business edward lawrence is looked into all of this. >> october surprise, we could get one here, president donald trump has continued to say that he expects a vaccine before the end of this year end if you look at the data coming in and point in that direction should the vaccine in the trial be proven effective and i can tell you there are nine u.s. and european vaccine makers that have agreed to uphold strict scientific standards, they made that today the standards would be in line with regulatory agencies like the food and drug administration in the u.s. as well as others around the globe, this is setting the stage to use the data collected in other countries in combination with some u.s. data with approval in this country, the fda said last month that the agency could use an emergency operation if the data proves the vaccine works in

the health risks outweigh the need for further testing, the fda says it will not sidestep any scientific results, the debate leaked into the presidential politics over the weekend and president trump saying the opponent in the election is using anti-vaccine rhetoric. >> biden and is very liberal running mate should immediately apologize for the reckless anti-vaccine rhetoric that they are talking right now, talking about endangering lives and undermine science. >> former vice president joe biden says he is not against vaccines but listen to this. >> i'm transparent on the vaccine. he said so many things that are not true i'm worried if we do have really good vaccines people will be reluctant to take it he's undermining public counsel. if i get a vaccine tomorrow i would do it in a it would cost

me the election i would do it. >> the head of pfizer says his company will have enough data to give to the fda for possible approval in october in astrazeneca also says it will have the data to turn in in october and this can be closely followed by madeira, add this to the cdc asking states to relax rules so they can have distribution centers for these vaccines across the united states by operational by november 1, it could be an october surprise, we will see. david: you mentioned kamala harris biden's running mate said she would be reluctant to take a vaccine conceivably because of president trump's handling of the situation which i think is very dangerous thing to say. thank you very much. michigan secretary of state is calling on the state legislature to allow election workers to begin processing balance the day before election day, this amid

warnings the general election results could be delayed for multiple days this november due to the states highest voter turnaround in history, judge andrew napolitano is here to talk with us. it is wonderful to people are voting already in there so anxious to vote in the election, is a very important election. but are you worried about the methods by which they are planing to vote? >> the colleagues at the wall street journal point out in a fascinating editorial this morning that we have 52, counting the district of columbia and puerto rico, 52 state laws, no two of which are like and some of which allow you to request an absentee ballot as late as november 2 which is the day before election day. so there is no federal or centrally managed election for president. there are 52 separate elections. the federal law says voting must

stop on election day. the counting can resume but people cannot do the mechanism of voting whether that means going to the polls or putting it in a mailbox or physically handing in a ballot, they cannot do that beyond election day. so we may see one side or the other win by a large number or we may see it so close on the morning of november 4 that florida will look like law school, florida in 2000 compared to what's coming. we may have ten or 15 florida is on our hand. david: i remember that very well it seems like only yesterday 20 years ago. but you mentioned a very important point we are a republic we have 15 different ways of voting because we are republic but there are other democracies in the world that he voted during the pandemic very well and am going to mention one of them, south korea, right smack in the middle of the

hardest part of their pandemic, april 15, they had an election, here's what happened it was study by the wilson center a distinguished group of folks who looked into it and said not only did south korea and voters turn out despite the risk of infection but they turned out in the highest numbers in 28 years, if the south koreans can have in person voting so successfully in the heart of the pandemic and we are past the worst, can't we do what the south koreans did? >> i'm 100% with you and i wish we could, the problem with voting by mail are well known. however, in 201,640,000,000 americans voted by mail and there were no significant complaints of corruption or political interference, this year twice that number 80 million are scheduled to vote by mail but i hope that more people will go to the polls,

it's more gratifying, more secure and more democratic. david: we can see what can happen, we had a horrible primary in new york which took weeks and weeks to come up with a conclusion and even then a lot of the people voted and whether they were being officially counted. >> we had an election for the mayor of paterson new jersey in which the judge threw up his hands and said it's impossible to determine which votes were valid and which votes were not on ordering a new election, god for bid that happens this november. david: you been to the wall street journal editorial if question whether court specifically the supreme court will decide the selection as many say they did in 2000, is that going to happen again? >> i hope not, i hope we wake up the morning of november 4 and joe biden or donald trump has one by such a significant number

that there is no serious doubt as to the accuracy of the numb number. david: even if it is a significant number of on a democrat say including hillary clinton know you should not accept it you have to wait for god knows how long. it is not likely to happen. it is going to be a long couple of weeks before we get to the end of this. good to see you. thank you. the good technology to get retail offices and travel back to full capacity could be the sanitation booth, jeff flock has an inside look, you have to watch out for all the vaping you have been doing. >> there you go, whatever it takes i'm willing to do it, this is a new normal perhaps as we move forward, i will explain how it works. ♪ the ambiguity. the moment calls for more. and northern trust delivers more. with specialized expertise.

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david: the markets are pretty well leveled off at a very negative rate as you can see the nasdaq has improved a tiny bit for 2.5% down, it's down 2.83%, the s&p 500 is down about 1.5% and the dow is down about one and a quarter, little less than that. it's a very down day and it

follows to other down days in the markets, this may be the pullback that a lot of investors have been expecting thinking it will level off and perhaps even climb again but is is a bad tuesday on the market after a long holiday weekend. west virginia university suspended in-person classes for undergraduate amid concerns about a recent spike in coronavirus cases. fox business correspondent grady trimble has the details. >> were at northwestern today and will get to your stomping grounds in a moment but first as you mentioned west virginia university the latest college to go fully online at least for now, classes will go online because rising coronavirus cases through september 25 and they will reevaluate if they can start in-person classes again, once again cases there blamed on partying like lucina 70 other colleges across the country. here at northwestern the giving students a break in tuition, 10%

for the fall quarter because the university abruptly decided to send freshmen and sophomores or keep them home i should say, they will not welcome them back on campus days before they were sent to move in, that is likely only a couple thousand dollars in savings because of the reduction but still more than many universities are doing and summer purging full tuition for virtual education, northwestern made this decision to keep underclassmen off-campus and out of dorms and the university is keeping sorority and fraternity houses closed, they are doing so to have more face entrance based according to the upperclassman if needed. this decision comes as administrators are watching cases rise at other campuses of the midwest and across the country. some like the university of wisconsin in illinois, they are restricting what students can do on campus to essentially go into class and get food to go, gems are closed and social events

have been canceled for some period of time, the university of wisconsin saying in a statement we reached a point where we need to quickly flatten the curve of infection or we will lose the opportunity to have campus open to students this semester. what the universities are trying to avoid is having to switch to online classes which as we seen at northwestern another universities leads to a reduction tuition or lawsuits if there is no reduced tuition. david: i hate to see the beta for campus at northwestern going to waste without the students. good to see you we wish them the best. businesses are battling egg against cobra 90 with new sanitation practices with the help of the sanitation, jeff flock is in vernon hills illinois and he's been in the booth far too long. i warned against in the go-ahead. >> well disinfected but is perfectly safe. this is the intelligent

disinfectant door, look here on fox business today, this is something that uses multiple ways of making true not bringing virus into the workplace. i have the team that has developed it, is starts with a temperature monitor, i stand in front of it and it says i have a normal temperature which means i can walk into it and why don't you take the mic while ike's plane was happening. >> as you enter in your arms overhead and take a slow turn you want to take six to eight seconds and you have ozone in three parts per million and far ubc which is the lighting that you see which is a disinfecting light and then you have cold disinfectant. >> the disinfected does not hurt me at all. >> that is correct, several different epa approved non-harmful and adjustable disinfectant that can be used, many of which are antimicrobial,

that clings to you and as you pass and in the venue any kind of contact, bacteria or viruses, they are literally being killed as they touch you. >> this is the first time this is been combined, all of the different in one spot. >> that is correct, you have multiple lines of defense. this is not something that is curing you of coronavirus, it is making sure that anything that i've got on me or my hands or rubber on me does not come into the workplace. >> that is correct, with kids going back to school, hopefully it can kill things off their backpacks and things like that. other countries have been quicker to adopt this technology, specifically the middle east. >> they have been a very early adopter of the technology and now it's become popular here and we are ready to keep up with the

demand and keep going with things. to your point earlier, the venues, their spending a lot of money on sterilizing the properties but the front line of defense is extremely important. >> why walk in you can have a totally sanitized environment but i could carry some of the virus and this obviates that, i'm going to go through one more time to give you last look, it does not smell like much of anything. it is quite so like the ozone, the analyzer, the light all approved by the government as a safeway of perhaps eradicatin eradicating. david: adjustable disinfectant, wasn't president trump ridiculed for saying that. >> i don't know if you mention lysol or not, there's no lysol used in this product but absolutely. david: i hope it is safe for your sake, i care about your safety. good to see you my friend.

thank you very much. the cdc announcing a four-month ban on evictions for most renters an effort to stem a widespread homeless crisis. gerri willis has the details on how this is hitting landlords. >> i have to tell you this is highly highly controversial, the ban on evictions, here's what the order on the cdc says, housing stability helps protect the housing because the likelihood of individuals moving into congregate settings such as homeless shelters that puts individuals at higher risk to covid-19. to qualify what is not rent forgiveness but a pause and rent where there's less than 99000, couples must earn less than 90,198,000. and unlike the cares act with 12 million renters or 25% of the whole, this is much more foregoing, like evictions of the cdc could assist 30 - 40000000

americans. a former fannie mae executive says the policy leaves a lot to be desired. listen. >> it does not do anything to forgive rent, it does not do anything to replace rent, it puts the financial burden of the public policy itself on the backs of landlords who do not have any relief. >> in fact far from being departed investors half of landlords across the country are small mom-and-pop landlords at risk. the national multifamily housing cancel counsel saint eviction moratorium will harm the very people it aims to help by making it impossible for housing providers particular small owners to meet their financial obligations and to provide shelter to their residents. renters have objections to this to saying the moratorium will be in place for the next 120 days

and only kicks the can down the road as it offers no relief to help them pay the rent. as a send it back to you, i think you're going to see legal challenges to this, some focusing the cdc is overstepping its bounds. david: the lawyers always want a piece of the action. thank you very much. we'll be right back. instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. . .

david: oil plunging more, almost 8% really on growing fears about

falling demand. think of all the planes that aren't flying, all the jet fuel not being used, all the factories not working. oil is on the pace for the worst day in three months and market not doing much better than that today. we need a cp effect, charles. >> you know what, you will get it, your wish is my command, my friend. thank you very much, david asman. good afternoon, i'm charles payne and this is "making money." breaking at this moment the markets resumed the selling from late last week as growth stocks and momentum darlings take big hits to the downside. while there was universal agreement these names were over their skis there is no agreement on how far they come down. there are different types of pullbacks and when might you actually buy the dip. coronavirus vaccine becoming the latest hot topic, trump accusing democrats of