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tv   Varney Company  FOX Business  September 25, 2020 9:00am-12:00pm EDT

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to get real questions here if in fact we get a foia request, we are going to have serious questions about this investigation. more evidence that this case was based on lies. we will keep following this and of course all the latest on "sunday morning features", great to have you both here this morning, thank you so much. have a great weekend everybody. stuart varney take it away. stuart: good writing morning to you maria and good morning, everyone. speaker pelosi wants that impeachment and democrats pushing the new stimulus plan in the present has a jammed packed schedule and biden does not. we will cover all of this but something that is truly outrageous. look at this, a couple enjoying dinner outside a restaurant in florida, and demonstration marches past, a few people wake away at a couples table. a really ugly confrontation.
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these days let's face it can happen to anyone because incidents like this are becoming common. don't like that, happen last night, the confrontation again in louisville, demonstrators try to set the library on fire, a black cop shot in the stomach, 24 rest, urban violence is an election issue and polls show a sharp decline for anti-police demonstrations. that's that, let's get back to money. after battling the threat of impeachment, speaker pelosi and the democrats are pushing a 2.4 trigon dollar stimulus plan, and was 3 trillion and now it's 2 trillion, now they come down, we don't know whether the treasury secretary will go up from his original trillion dollar, 1 trillion-dollar plan. not that much action in stock so far today, the stimulus plan news not really affected the
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market, the dow will be down 100 ands and p down a little bit but the nasdaq looks like a gain of 16 points at the state, not much movement but look at this, william hill, the reddish bookies getting to takeover bids and the stock is up 35%, this shows you how important sports gambling has become on the campaign trail, all trump all day, he's attending events in florida, georgia, washington, d.c. and virginia all in one day. he is not done until midnight tonight. nine times in the last month joe biden has stopped campaigning before noon, he put a lid on activities and today biden's only event is to pay respect to ruth bader ginsburg. stuart: a big show, previewed tuesday's debate, more on joe biden's very slow and easy campaigning day, feedback friday, we are jammed packed. so the friday edition of "varney & company" is about to begin.
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♪ >> we have to be very careful at the ballot, the ballot set the whole thing, we want to make sure the election is honest and i'm not sure it can be. i don't know that he can be with this whole situation, unsolicited ballots, millions being sent to everybody. stuart: the president is doubling down on his skepticism of the election results. that as a searing new piece from the atlantic alleges that the president's campaign is planning to bypass completely the results if he loses. however, i remember hillary clinton gave joe biden a similar piece of advice just last month, watch this. >> joe biden should not concede under any circumstances because i think this is going to drag
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out and eventually i do think he will win if we don't give an inch and if we are as focused and relentless as the other side is. stuart: six and one and half a dozen another, it's obvious we will not get us pdb election result the sheer. i think everybody else as well. goldman sachs, they waited as they say with their opinion on the election. susan, what is going. susan: goldman says it is baked in a delayed election result could hurt stock market, goldman predicting we will have a consensus of the winner on the evening of november 3 because they say a combination of early results will get voter turnout, county level data in the known margins of error. a number of stately battleground states to be counted well before the election, that means that stockmarkets can trade the
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results of about even if we don't have polls calling on the evening of november 3, you have a good sense of who one. goldman is a little calm then what's happening in the market because if you look at wall street, they are scrambling to buy insurance to an unknown election result pain future contracts just in case, this is what they hedge and we call them options. that makes the election the most expensive risk event and option history. you have to pay to protect herself. stuart: goldman is saying light and up a little bit, calm down a little bit. susan: you see the volatility. stuart: exact opposite of what i've been saying but i will not argue with goldman sachs. but i will. market watcher jonathan ho need to way in this friday morning, i say the election is still the main reason for all the volatility and the downside move, the selling before the election. what do you say.
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>> the volatility indicator is in suggesting this will be the most volatile election in history. we are seeing where investors are running out of what they call risk asset stock mutual funds a bond mutual funds. the investors are preparing themselves. the pandemic, stimulus and more stimulus and toward the election there's a lot of reasons that short-term there moving downward and investors are preparing themselves for that bad. stuart: are you in a cave, i'm getting a lot of echo, not reber but a wrong expression but move closer to the microphone. are you doing -- i know you run a hedge fund, i understand that,
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you don't necessarily invest in the big-name techs in the industrial companies but would you advise anybody, our audience for example to do any selling right now? >> it always comes down to your own context of course where they are in it for the long term, 5% or 10% should not make that big of a difference bottom line. for people who are closer and they need those risk assets, then we don't buy the dip, we never note if it's a dip or beginning of a longer-term trend. i wait to see before new money and would rather buy it higher at four, five, six or 8% higher than where it is and wait to see that so you know the market is still falling. stuart: we will take it from the man in the cave and an extreme close-up shot but we will take that. jonathan hoenig. thank you very much.
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it was a pretty good closer. next pension funds are moving more money into stocks, that sounds like a positive. susan: interest rates close to 0 they probably will go up for another three years according to jerome powell the federal reserve. a petrified the likely that they will move more of their money into the stock market, the public funds excluding social security managed 3.7 trillion across the country, that's a lot of money, they only hold 43% in stocks so far compare that to seven years ago when the holdings were about 50%, there is room to put more money in the stock market and given that pension fund they need 7% return in order to fulfill their future obligation and pay us and they're not getting that in bonds when interest rates are close to 0. the thinking is a lot more money will move into u.s. stockmarkets, that means more buying, more gains but with the selloff this year and the month were looking at the worst
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september in at least nine years, investors have the third largest in history with close to 26 billion being taken out of u.s. stock funds. stuart: of the pension fund put a small proportion of the trillions into this dip and by this dip, you will see a fast rebound. stock market positive. why don't you go through the big tech companies as you always do, i see they are all up this morning. susan: all green we started off a little bit lower than this so not bad, they tried to force apple to pay up to $15 billion in taxes, that the headline that the court ruled in apple favor, rbc came out with what abiding presidency might mean for big tech. it is mutual to slightly negative with corporate taxes going up and he will include amazon tax forcing companies to pay at least 50% and it would hurt profit by 9%, we know that,
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more regulation, however, good news protect because biden will allow more immigration, less china tension and a 300 money billion dollars in tech and infrastructure. stuart: they are all about icy out lot 109 despite the threat of a 15 billion-dollar tax. susan: they are the one the court battle. stuart: i think this is awful stuff, video taken outside of a restaurant in st. petersburg florida, protesters disrupting a couple while they are trying to dine outside together. we will have more on this but one of these days protesters will challenge the wrong innocent people. it's going to happen folks. counted, nine the number of times biden has scored a media lid on his events before noon, he don't come pain afternoon on nine days of the month. the president has taken notice of this. watch this. >> he does a little all the time
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and i'm working my ass off i'm in texas, i'm in ohio. i'm in north carolina. i'm in michigan, i'm all over the place. wisconsin. stuart: nine lives in a month, this will president trump finishes up a jampacked week today he goes to three states in the district of columbia, my take on that coming up at 10:00 o'clock. meanwhile speaker pelosi back in for impeachment, we will take what might be behind that. and futures, just a few minutes to go before the opening bell we have a mixed bag, down for the dow, down for the s&p and up for the nasdaq. we have three hours coming at you including friday feedback. ♪
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stuart: look at bristol meyer, not much movement but they have announced they have positive results from phase three of a bladder cancer treatment, not a virus or vaccine but a bladder cancer drug, the stock is up almost 1% on that. now novavax, susan have i got this right, they are up 5% into the last phase of the vaccine trial. susan: they were up as much as 7% in the premarket, phased three joining nine other boxing candidates in the final world and this is a partnership with the uk government and they are expected to an intern and roll in 10000 participants in 150 vaccines in development around the world in china, russia and elsewhere in the uk as well and
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that includes pfizer, moderna, j&j, johnson & johnson, we could get data by the end of october, november or the mentoring approval could happen before the end of this year end the full scale of distribution will take place until next year but you see the bow techs getting rewarded. >> i have to say this is been developed at warp speed. susan: at least multiple years. this is eight or nine months. susan: the world needs it, hominy people will take the vaccine, you've seen the numbers. stuart: that's a different story entirely. let's move on, code diagnostics, they have a new test coming out the gives you the results of a virus test and a flu test all at the same time and they've got it right before gets moving, the white is back without the chief executive of code diagnostics, welcome back. i have a series of questions. have you got emergency fda approval for the new test.
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>> this is not yet approved by the way, we are pursuing authorization but it will be made available as clear labs throughout the united states and we will take orders on this test in the first week of october and be able to deliver there shortly after. stuart: you cannot deliver until he have fda approval? >> under the new regulations of the fda we will be able to provide our test who will work with the test to make it into an ltd or lab directed test and they will immediately be able to offer to customers. stuart: how long you have to wait to get results. >> the test is the same test we've done for regular covid-19, it takes about 45 minutes to an hour to get the test done in the lab and it's made available generally to customers within 1e test into the lab to be done. stuart: i am not trained to bring up the negative here but what we really need is a really fast test, for example before i
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get on a plane, i needed test, i want the results back within literally minutes so i could get on the plane and choi do not have it. you are waiting 24 - 48 hours, that's a bit long. >> we believe that the solution to getting fast results for airline travel really focuses more on high throughput, the kind of lives were talking about can be set up in airline terminals are able to process thousands of tests today and it's much better to be able to process thousands of tests today in a high throughput setting into user testing takes 15 or 20 minutes but you can only do one at a time and it takes a person to actually operate the test and a troop of three or four or more per our compared to thousands a day that can be done in a high true put setting. i think we have a very good
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setting for high throughput rapid testing. stuart: how about cost. >> we've always been a low-cost leader and pricing protest and we are going to hold the line there, we never viewed a pandemic of being to overturn the public and these tests are provided for about 75 - $125 per test, remember these are gold standard test these are antigen or antibody test, these are the best in terms of sensitivity and specific video and give you a result you can really rely on. stuart: i'm going to cut this short, forgive me but were very interested in testing all the news thereon. come back and see us soon i want to hear about the emergency fda approval, yay ornate. thank you. all travel companies will benefit from rapid testing i see the cruise lines up a bit, three or 5% but lauren you got your
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eye on one of them, one cruise line which got recommendation i think. lauren: all three of them did, barclays upgrading credible, real caribbean in norwegian from overweight equal weight and they expect the cdc to make a positive comment about cruising relatively soon, the no sale order ends in five days, do they extend it, do they lift it, what happens because the cruise lines have submitted their proposals to the agency and they all say this, test passengers and crew's mandatory rapid test we can operate the cruise in a bubble, we can do this safely, carnival did announce the redesigning the europeans itinerary from april 2021 through november of next year. stuart: i think testing is a very important aspect, remember your report yesterday of united airlines testing all passengers flying from san francisco to
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hawaii with a 15 minute test before they get on the plane. i think that's a breakthrough. lauren: absolutely, i think this would be difficult but you get up in the morning brush her teeth, you prick your finger or something, you see for positive and if you're not, you can go out and enjoy the world again, i don't know if we can ever get there but there's? about the safety, effectiveness, the will of people to get a vaccine, let's up the testing in the meantime. stuart: if you had a rapid, truly rapid immediate response test, yay or nay, that makes a world of difference especially to the travel company, they are all up this morning, airlines, cruise companies, except for southwest and edge lower. i'm going to move on a new analysis which says joe biden spending plan will kickstart the recovery better than mr. trump's economic program.
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susan has been digging into that and she will break it down in a moment, meanwhile the market we will open this friday morning on the downside for the dow and s&p but a small gain for the nasdaq, the opening bell coming up for you next. ♪ still your best friend.
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stuart: house democrats preparing a new stimulus package. smaller than their original 3 trillion proposal but still over 2 trillion, how is wall street reacting. susan: a trillion less than the last proposal but is still a trillion dollar gap with the republicans the truc president p say they won't go up one and half trillion dollars and pelosi and the democrats are proposing 2.4 trillion this dozen hands on appointment benefits, direct checks to americans and more pp loans to small businesses and to airlines, they should check out the airline stocks where the house could vote on a bill next week's according to political weird to see how they go the white house, politics could remain publi republicans don't o put up before the vote in the democrats don't want to give them a window for the election but you heard from jerome powell
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and management the last few days and capitol hill say something is better than nothing and they are saying without government aid the u.s. economy might see more declines and more americans losing their jobs. stuart: a political discussion. susan: i see that. stuart: i'm a little skeptical. a couple of months ago i said there's no way on god's green earth we will not get a stimulus package because it's a couple months before the election. now we have a toxic political atmosphere because of the supreme court and i just have to wonder whether that can get through given the atmosphere. susan: i think wall street agrees with you. stuart: if wall street thought we were going to get $2 trillion worth of stimulus you would see a rally. stuart: i think that the weight would be. next case, they say that joe biden spending plan would kickstart the recovery faster than mr. trump, they figure out we will get 4.2% growth and biden's first term, 3.5% in
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trump's second term. susan: you only get 4.2% gdp growth if the democrats win the senate along with the white house and everybody expects them to retain the house that compares gdp 3.123 and half percent if the republicans get the white house and the senate according to moody they are arguing that higher income tax will hold back spending too much because it only applies to the rich. stuart: who wrote it. >> let me finish the first, higher social security programs will help the poor americans spend because they need the money and also the argument is biden will only get half of the corporate taxes in the spending through the senate regardless. stuart: was mark zandi who wrote that. one of these daisies going to be right. susan: i have no comment, you're the anchor, we will skip that. stuart: how can you possibly imagine that a clean sweep by
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the democrats where they raise taxes $3 trillion, tax business to the hilt in fossil fuels, how do you think we will get growth in that environment. susan: you're not going to get everything, that's the argument that politics will play an. stuart: another forecast from zandi, the dow is opening now from this friday morning. we are off and running, down 100 points from the get-go, about a half percentage points, the dow is down a half percent, the s&p is down a quarter of 1% and i'll show you the nasdaq right because i believe there on the upside, fractionally, up .06, i will call it flat, how about the vaccine makers especially novavax as we told you earlier that entered the final stage of the vaccine trial, novavax stock is up nearly 4% this morning. the big tech names, you gotta check them, all of them on the upside except for facebook which
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is down a fraction, let's go through some areas, the retailers, how are they doing this morning, a completely mixed bag, you only see best buy on the upside, macy's, walmart, kohl's down, online shopping names, how about that, online taking over and it's reflected in the market, amazon is up, wayfarers, ebay is up, walmart, nc on the downside. show me costco, i believe, they are down six-point susan: that's because of higher spending on costs over covid, if you look at the actual earnings and profit, costco made $4 billion in profit in a business you for the very first time in the company's history and this is thanks to sales jumping over 12% the best gain in nearly three years and that's a massive growth in foot traffic, this millennium that we have seen during covid, it is a hot trend during covid which
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there's talking about essential items with cheaper discounts of the stock is down because costco is going to spend more in order to pay their employees more and protect their shoppers more than doubling of 100 million and most of that will be extra pay with $2 extra that they are paying employees per our which i think is not a bad thing. stuart: not a bad thing at all, you still get a free lunch at costco and all the samples. susan: they stop that, i know you're itching to get the meatballs. stuart: they had to stop that because of covid, i forgot that. i have not been into a costco store since covid. susan: sorry to disappoint you. stuart: time to move on. all right walmart another big retailer, they are going on a hiring spree. susan: 20000 seasonal workers, the sense half a million that walmart has hired since march and target announce 130,000 that the hiring for the holidays. 1800 flowers planing to hire 10000 which is up from last year
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and amazon is looking for 100,000 extra workers if you extrapolate this news, retailers expect as good if not better holiday shopping. this year which is a positive for retailers that are thriving, they get the woman in amazon and also remember walmart, target and other retailers are announcing thanksgiving day sort closures so most of the shopping will be online and there should be pent-up demand if the stores are physically closed. stuart: i think it'll be very big online selling season. the money is out there, it's available for spending. susan: you have lower interest rates in the stimulus check. stuart: that one too. are we back to the stimulus, yes we are coming lauren. you've got news on how comfortable people feel dining out these days. tell me. lauren: it's getting a little bit better, morning consul did a poll, four in ten say we are okay with eating out a
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restaurant that was a number as june before drop before we saw the research of cases in the u.s. this is good news for restaurants, about 60% have closed their doors forever as a result of all the restrictions around covid. what is interesting the poll did not specify when they asked people do you feel more comfortable dining out inside or outside and as the cold months approach, that's going to be a key difference, yes restaurants cannot survive on outside dining but when outdoors goes away, how comfortable are people going to feel going back inside. stuart: good question, you don't want to eat solid outside at 32 degrees. let's move on, i'm going to quote various markets, give you some prices, oil back to $39 per barrel. the price of gasoline still really cheap, to 19 is the national average for regular.
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the cheapest gas in the land is mississippi at $1.84 per gallon, the most expensive still of course hawaii that's a special case, almost double the national average $3.25. about the same in california $3.20. very expensive gas out there. harley-davidson, show me the stock, what is this. >> there exiting the biggest bite mark in the world, tell me. >> they are, good morning to y you, they are stopping manufacturing is scaling back sales in the biggest motorcycle market in the world which is indeed india about 17 million motorcycles and scooters are sold every year in india but harley really has struggled to compete with local brands as well as honda after entering the market with all sorts of fanfare just about a decade ago, the indian market essentially is high-volume and very low margin in harley bikes have not
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generated mass appeal, sales have averaged under 3000 year, the company has also had to endure extremely high tax rates, something the trumper administration has complained about entry negotiation and in fact they call india the tariff king, interesting harley has had better luck in asian markets like thailand and korea where costs are lower but the harley lifestyle does not designate in the indian market. stuart: by the way i was away on wednesday and you sadden for me and the number that has the ratings went up, i'm never going to take another day off but i thank you very much for raising our overall. thank you very much indeed. you will never sit in this chai, you're a good man i don't care what your numbers are. ashley: thank you very much.
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stuart: mail and ballot mess, mail-in ballots found discarded in pennsylvania. but seven of them were for president trump, that's not the only place where there's been trouble with mailing stuff, texas attorney general ken paxton will tell us what's happening with ballots in that state. how about this one, gun sales of nearly 80% and major swing states, this could play a part in the election, we will tell you why sales are up so much. more varney coming right up for you. ♪ ♪
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about sumo logic, they went public at 22, not much has changed they are at 23, unity makes a 3d modeling platform popular with videogame makers, that stock went out at 52 and they're now 88, these people have done real well, rack space, they were not an ipo recently, they are at $17 a share right now. they have done well but jay frog, they were at ipo recently and big software management, i'm not sure where they went out publicly but they are now at 74 and i think they have done well. let's go to power and tear, their expected valuation is 22 begin dollars when they go public which i think they go public next week. susan: september 30, next wednesday they will likely be pressuring their shares at $10 a piece so this is a direct list
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seat under listing not an ipo, it's a last price talent here trinidad enema get under market price. it's more of a way for early investors to get out, the data mining company is been credited for finding osama bin laden by going through a lot of date entered data peter still losing money, $160 billion of this year and that is past what they lost last year. things are getting better at the financial metric palantir, they've never made a profit, they do say sales will grow around 40% but they don't give you revenue projections, this is interesting that the type of growth that you need to put in for investors to pay for the type of stock, here's the thing this year has been astronomical for first-aid trade, up 22% on day one best for state average of any debut going back to the.com, and the 2000's, here's one part of the controversy over palantir, the direct listing in the ownership structure, the
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rebounders including peter will control most of the company even if they sell most of the shares were all the shares which is an egregious example of how founders will retain control over the company that they found. stuart: i'll tell you one thing i don't think younger investors care much about the ownership structure of palantir. susan: they should. this is a long-term issue, you already had different classes of shares of google, berkshire is example, people should understand when mark zuckerberg owns 10% of the company and 50% of voting. stuart: i'm just trained to say it might be interesting for younger investors interested in futuristic kind of companies. let's move on to ray wang, am i right, this stock, this company is laughing, it's attractive to younger investors who understand the whole new technology world and you like palantir.
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>> a lot of people are going into palantir because of the big data aspect, they have a lot of good work for the government and specialized data but i'm not a fan of palantir, it's heavy on services and less on software but the upside they have a founder platform and that is designed to go into the enterprise market, the commercial market which they have not done as well but their growing market share, in terms of new type of business, amul thapar ipalantir in thevery agg. susan: thank you. stuart: susan is claiming victory, do you really care about the ownership structure of palantir is it a big deal? >> is not a big deal because it is peter running and a track record but part of the reason you want the ownership structure as you want to make sure the founder is still there because
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the founder in their vision will be able to execute it to get the profitability that twice a good thing. stuart: well said. susan is having a fit. let's move to peloton, this is another example of what to me is a future industry in the making, it is like jim's at home where the conventional jim is fading fast because of the virus, do you like peloton? >> i do, it's going after the 3t and taken 10% of the market share, by doing that they are displacing what would be in a physical jim like you're talking about and going into classes and rides in everything, just like netflix find the equipment and almost like the apple model using the equipment to sell more
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services. stuart: you are locked in and they sell your services, you become a cash cow, can you say that with peloton forgive the expression cow. >> you are working it off. stuart: go-ahead. >> you don't become a cow because you're working it off but the data in the fitness information that you are providing to peloton improves the product and makes them a digital giant. stuart: do you think it's one of the industries and the companies of the future, very much for youngsters, will you agree with me on this. susan: a very low barrier to entry, you can also cycle which has a bike and amazon was seeking of a prime bike, there are other players. stuart: ray, you are out of ti time, susan took your time. thank you for joining us we will see you again soon. susan is back on the air with something more. amazon has announced new devic
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devices. susan: what coffee did you have this morning. stuart: caffeinated. susan: amazon came out with hardware yesterday so many i don't have time to go through all of them, here's the highlights a new echo speaker better sound, new designs, close to 50 bucks, the smart speaker with the clock $50. faster processor shift for artificial intelligence, tv gaming, this is interesting they've a new game streaming service called luna $6 a month. their twitch and bots which just a few years ago for a billion dollars but here's a headliner in everybody's talking about it, the home drone camera the ring home security drone for $250 each, you need a drone indoors and what about privacy security, do you need to have a camera on a device flying around your house buying on your kids. stuart: is a indoor? , and indoor drone. susan: $250. stuart: what would be used for.
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susan: to make sure your babies okay and all right and safe in the home. stuart: you can direct it from a distance so if you want to go to the babies room you can concede the point. susan: you see the point. stuart: i do see the point. this time i do. change of subject the president is going to florida, georgia, d.c. and virginia just today, what a contrast with joe biden schedule and the president is calling him out on it. watch this. >> go home and they say he's a great candidate but he put another lid, will see what happens but he's putting up. stuart: that means he's closing out his campaign earlier in the day he put the lid on it, what kind of strategy is that, i will talk about it on my take coming up shortly. ♪
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stuart: let's go to the electric car maker, they have been very much in the news recently, tesla as of this morning has made it above $400 a share, it was way down in 340. >> 350s last week, nikola some scandal if i can call it that
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surrounded that name, they are up to $20 per share, they have been all over the place with the electric vehicle companies, staying on the subject, robert barraza is with us a top sales guy at electrified america, they operate the charging stations all across the country, 470 of them, now they are charging customers by how much juice they put into the car as opposed to how long it takes, welcome to the program it is good to see you. >> thank you for having me, am i right in saying you are the guy when i drive up i-95 and go to a rest stop and icier charging station on the side, is not your guys? >> we are 470 stations across the u.s., you can drive "coast to coast" internetwork, while the eastern seaboard in the western coast. stuart: now in future with their new charger, you are going to tell me how much money it cost
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to charge my car, is not right or are you going to tell me how much electricity i'm using there is a difference. >> were gonna charge you by the amount of electricity received from our charging stations which is a fierce way to charge a customer, there has been a lot of work going on in the space to make sure there is fair pricing for consumers. stuart: i got a car with a 15-gallon tank, if i fill it up at $2 a gallon, that comes to roughly $30 to fill up my car with gasoline. i want to know how much it would cost to juice up on your chargers for 300-mile trip. >> for a 300-mile trip, we paste 31-kilowatt and if you change that to cost per mile is 10 cents per mile and it cost about $30 developed for the 300 miles. but the neat thing about an electric vehicle yup two ways to
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charge, you can turn to home as well and public, if you charge over home, your pain about 4 cents a mile. a huge price reduction. stuart: that's what i wanted to know, price competitive with gasoline actual charging station. i am out of time but that is fascinating and in my opinion that is a breakthrough. we appreciate you being here. here is what else would got for you on the jampacked show, ken paxton the attorney general of texas on voter fraud, steve hilton on california nonsense and judge jeanine will look ahead to the president's big announcement tomorrow. first, you will hear my take on joe biden calling a lid on events before nine i should say before noon. he's done it nine times this month. ♪ hoose instead of buying by the share. all with no commissions. stocks by the slice from fidelity.
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stuart: let's go with this, check this out on your screen, president trump schedule for today, it is remarkable, he travels to three states, hold events in washington, d.c. and does not get back to the white house until nearly midnight tonight, that's a full day, what a contractor joe biden, his staff puts out a schedule and nothing like the presidents, and nine days in the last month he has ended campaigning before noon, it is called the lid when he calls it quits for the day he
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put the lid on and stays quiet after the lid time. the basement strategy continues but why, perhaps his campaign things keeping him home has been successful, let try make the mistakes and let the media attacking and rely on the anti-trump boat and leave it at that, after all biden leads in most national polls, keep them at home, i am not find it. i think his campaign is protecting him and covering up his weakness, they know he makes mistakes when he is let loose, factual errors, insults to questions, i cannot forget he called a woman a lying dog faced pony, they don't want anymore that so the basement strategy is a protection strategy and perhaps a cover-up strategy, perhaps they do not want you to know he does not have the energy required for the final stages of a presidential campaign, he will be 78 in november and at that age you can be excused for
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slowing down but not if you want to be the president of the united states of america, you cannot be fatigued in the oval office. tammy bruce is with us, fox news contribute or, what do you think, i am calling this a stay at home cover-up strategy, what say you? >> i think it is partly that, i believe that they believe the polls which is a mistake, hillary did that as well and they do think he can coast that's in part why they chose him, this is their other mistake, they think in their bubble that everyone in america thinks like them and everyone hates trump, they're relying on something that never works in politics in general but certainly not america, they are hoping that people will be consumed with hate and rage and vote against someone, americans vote for the future, they vote for what will be best for our
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children, we do vote for ourselves but mostly were thinking about the generation moving beyond us were a young country and we know we have to be vigilant and be the caretakers, this is their contempt for the american people coming out, the contempt for the system and i don't think they know how to adjust to a dynamic where the american people have rejected the bureaucratic state, we do not want a seat filler. trump has described and been a man of action and does these things who goes out and even with age, i know we don't like her, nancy pelosi is in her 80s, she is very active, this is the personality of someone in genetics and that dynamic, the presidents past, no drinking, no drugs speaks to the nature of his energy that this is a man of action versus the seat filler
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that the bureaucracy will used to run the country. stuart: his schedule today, three states, washington, d.c., he does not get back until midnight, that is just today, remarkable, look at that, look what he's doing today, extraordinary stuff. >> he loves governing and loves the country. stuart: he loves to get out and about, he plays to the crowd and the crowd loves it. mainstream media downplaying hunter biden, i will show you headlines i know you seen about maybe our audience has not. the new york times says no evidence of wrongdoing, maybe that technically, is legally correct but politico says is simply repackages all claims, not true, nonsense. buzz feed filled with debunked theories, nonsense not true. washington post calls it problematic, i don't know what that means. they completely downplayed this
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but they attacked trump's children all the time. >> rand paul is referring part of this report from the senate to the d.o.j. looking for an actual legal investigation into the nature of the allegations but the media is protecting hunter and that tells you that they think it is serious, they did not think it would matter they would not be protecting him, it comes up as a sore point for joe biden, it is his son but they are linked in a great deal of the nature of what is been transpiring with china, this becomes an issue of being vulnerable in some ways, an issue of judgment so you've got the linkage with behavior and the dynamics and if it meant nothing, the media would not care but they're going the extra mile to sweep it under the rug, it is the propaganda arm for the democratic party, that's a horrible development, media is
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important but at least there is external entities that care about what's going on like judicial watch et cetera but it is going to come up in the debate i would bet because it matters when it comes to policy, character and how one would run a country and really having china onus in the end, joe biden and hunter biden very close to that nation, we will see. stuart: hunter in china on tuesday night 9:00 o'clock eastern, chris wallace in the chair. thank you very much indeed. see you again soon. stuart: to the market, where are we now, the dow is down a little, s&p is down a little, the nasdaq is up a little. dr, bring in the debate about election chaos, i think election chaos, the delay in contentious election is a major factor on
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the stock market but goldman sachs is saying it is overblown, where are you in this argument. stuart: goldman said it's already priced and i believe yesterday it was a pricing and where they got the snippet of wood you have a peaceful transition to power and the president did not make a definitive statement, i think the market took that with a little bit of disease, but will happen it will come a time when things are right when we do this correctly that of course i will transition power peacefully, if and when that happens we will see a market explode and i think that will tell us how much of an issue this really is out there. stuart: supposedly joe biden went and sweeps into the senate, the democrats and they keep the house, that's a clean sweep, do you think the market would rally
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very strongly if that happens. >> i am talking about something before that that as we lead up to the election if the president will give us the assurance that went everything checks out, here course will do the right thing if it when that happens as sweep, clean sweep, a blue sweep, the market will not like that a bit, that's a little bit of the tentativeness were seen in the market right now, the polls about the senate have gotten stronger to the blue side in the last week and half that is weighing on the market as well. stuart: you have two stock picks, we always like to hear them and i'm going to start with adobe, what is so good about it. >> adobe is just killing it, if you look at a long-term chart of adobe, it's going from the lower left-hand corner to the upper right-hand corner in a beautiful line, they are doing everything well but there is one number i
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love about adobe. they are winning the creative sweep wars very much, not even a good second competitor to them and they had 31% profit margin, that is just huge and that will keep them on the upswing, i really like them on the pole back to about 470. stuart: that's a margin to love, ups, do you like them to. >> a funny thing happened on this pullback, almost 10% and the s&p 500, ups has not pullback at all, they are down maybe a half 8% or percent as of today, here is what's happening the shipping space, fedex, ups are so strong because there is complete under capacity, we are shipping so much, so much online business they cannot keep up, both fedex and ups in the united states postal service increased surcharges in the last, there is
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a lot more profit and capacity to be gained into the end of the year, ups has gone sideways and they will break out and catch up to fedex and i want to be with them when they do. stuart: it will be one extraordinary delivery season this year. i can see it. thank you we will see you again soon. we are always going to check big tech, twitter, facebook and google, their ceos could be subpoenaed if they don't voluntarily testify about the senate about the controversial legal benefits of social media sites, i don't think that is having much impact on the stock market. susan: will we get it done before the election, i don't think so. however, you are looking at apple, what is this about a big tech bill from europe, it does not matter, it is a lot of
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money, $15 billion, europe wants their money because they say apple owes them after we see the illegal tax break in ireland, i.e. officials are doubling down on the 2016 ruling and that's despite the fact that the european courts sided with apple in july and the eu competition minister, margaret said the court made a number of errors in the ruling in appleyard $200 billion in cash you can afford to part $16 billion in escrow awaiting the final judgment. stuart: she is the eu commissioner competition, why don't they come up with some competition. apple and facebook. susan: they want to tax 3% of the technology giants that make more than a hundred billion dollars in global sales. stuart: for europeans. i'm an x european i saw the light along time ago. they are in new zealand. susan: they did not kick you out you voluntarily left? good to know. stuart: i'm moving on.
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i'm going to show you this video again, this is shocking, protesters yelling at diners in florida, there has been multiple incidents, why this find this really disturbing, we have more on this coming up, that is outrageous. also ahead the attorney general the great state of texas can paxton, he is with us about mail and ballot control. real allegations, he's going to tell us all about it. the second hour of "varney & company" is just getting started. ♪
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stuart: let's talk pennsylvania, issues with mail and voting already emerging as a federal prosecutor investigates nine discarded mailing ballots again, this is pennsylvania, seven of those ballots were for president trump. let's go to texas, can paxton attorney general is with us now, you are looking into boat harvesting, it is a scheme involving four county commissioners in texas, what kinda mail and ballot fraud are we talking about. >> we have a county commissioner in grey county that one by five votes and when they look back at how the election took place, if you look at the entire county there were 12 mailing ballots that were disabled, and the precinct of this commissioner there were 376 disabled ballots, the numbers did not quite match up with the rest of the county, those types of numbers brought on the investigation.
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stuart: i do not understand, the numbers did not match up, so what. i don't get it, i'm a little thick this morning. >> was very unusual for the entire county to only have 12 total and suddenly in the one precinct where the one by five votes, they have 300 disabled and through the investigation these were able-bodied voters, for the most part it had no knowledge and did not consent to filling out the ballots, somebody filled out the ballots for them, the numbers looked strange and they looked into it they started realizing that these votes were fraudulently cast. stuart: the fact that millions of mailing ballots are being mailed in several states, that means we may see the problem you're talking about on a much bigger scale come the november election, that's where you're going with this. >> i know from our own
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investigation over 60% of our cases are male and ballot fraud, we know that's where the fraud occurred, it's easier if you have to show up in texas with a photo id and it's a lot harder to commit fraud than by a ballot that gets mailed out, we don't know who is turning them in. stuart: governor texas abbott has new proposals to keep elyse safe during the riots. i want you to watch us for a second period. >> we are announcing more legislative proposals to do more to protect our law enforcement officers as well as do more to keep our community safe, texas will always defend the first amendment right to peacefully protest but texas is not going to tolerate violence, vandalism or rioting. stuart: there is a poll in texas that shows the majority of votes is in that state say law and order is more important than the
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pandemic. i guess that texas is taking a very hard line unlike many other states. >> i applaud the governor for what he's doing and i think the legislature will step it up and we will have more state police involved in austin where the police force has been cut 34%. i don't care what party you are from, people care about being safe. i think it's an issue that certainly favor the republicans in this upcoming election. stuart: you got a reduction in the police budget in austin, texas of 34%, and you proposed to move in authorities from outside of austin to take care of the problem, is not how it works. >> state police are centered in austin, there is no reason the legislator cannot provide more funds for state police to do more on a capital city than they're doing now especially given the fact that the city council who decided they did not want to propose resources into the safety and law enforcement.
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stuart: do you think that might happen in new york, california, illinois, new jersey, connecticut, i'm being sarcastic but what do you think. >> i don't see it but i don't understand why any citizen would put up with this. this is a matter of public safety and everybody should be concerned that people have their lives and their children and their jobs and if they are not save all of that is at risk. stuart: i don't know if you saw the video we were running earlier this morning of a couple trying to eat out in florida and along comes the demonstrators to the table and chocked them out, spill the drinks invade their space, i don't know whether you saw that or not but that was pretty rough stuff and if that continues i think america has a real problem. >> there is no doubt i look at downtown austin and we have a massive homeless and law and order issues, what it does it drives people from the very place that you want which is a new downtown area going out to
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restaurants, providing jobs, running their businesses and if they do not feel safe, they move somewhere else, that is what will happen and that is what is happening. stuart: were running the video again, this is florida st. petersburg, vile stuff. can paxton always a pleasure and thank you very much for being on the show. how about gun sales, up nearly 80% this year and major swing states, up 80%, this has got to be about urban violence. show me. ashley: yes it is, and the pandemic in the upcoming election, according to the fbi data, the bureau process 93% more background checks nationwide from march through july this year as compared with the same period last year. that is certainly the case in some of these pivotal swing states, for instance, gun sales as you can see, michigan up 114% year-over-year, florida close to
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60%, wisconsin up 66%, the second amendment has not been in the forefront of the campaign but let's consider this, president trump has repeatedly vowed to uphold the right to self-defense while joe biden has vowed to implement restrictions on the ownership of firearms which i think in part could explain the surge of gun sales. stuart: i believe there are 5 million people in america who are gun owners who were not gun owners last year. 5 million and joe biden starts to say we will take the guns off of you or know you should not be doing that, that's a losing issue and that's my opinion. thank you ash, check the markets. we are down just a fraction for the dow but a modest gain for the s&p and the nasdaq is up 66 points right now. show me novavax, starting of phase three trial of the tobin
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vaccine in britain, they are looking for 10000 volunteers to take part in the trial, the stock is up 12%, a big game there, novavax. show me co-diagnostics, they will take orders for the abc test, that helps detects strains of the flu and covid-19 at the same time. here is what the ceo told us last hour. >> the test is the same test we've done for regular covid-19 that takes 45 minutes to an hour to get the test done in the lab and is made available to customers within 12 - 48 hours of when they send the test into the lab to be done. stuart: any and all testing advances are welcome, the stock is up a half percent, now there is this, and be a legend blasting defend the police movements, watch this. >> i hear these fools on tv talking about defend the police, unlike wait a minute, who are
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black people supposed to call ghostbusters, we need to stop defend or abolish the cops. stuart: he is facing backlash for the comments and we have the full story on coming up. first trump leading supreme court pick amy coney barrett, we understand she's a leading candidate, she is receiving harsh criticism even though we have not got the formal announcement yet, our next guest has known her for 30 years. i will ask will she repeal roe v wade, more varney after this. ♪ ♪
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for more than 30 years, welcome to the program, you know this is get straight at it do you think she would vote to repeal roe v wade. >> i would like her to certainly do that as well as hundreds of millions of americans but as a member of congress and as well as i know my dear friend i'm not pinned her down on the question and i don't think it's appropriate for members of congress to do that. i think what she'll do in the confirmation hearing and i'm assuming she's the pick and i believe she will be and shall be excellent and i think at the confirmation hearings she will do what every nominee has done for the last quarter-century and that is whether the ginsberg role who set the standard this issue would not comment on future pending cases because they have to be impartial, i think amy will do that and she's very in-depth that answering
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questions, i know her principles and values in it lines up for what they believe in. stuart: i want to roll a soundbite from senator diane feinstein when she was talking about barrett. >> you read your speeches and the conclusion one draws is that the dogma lives loudly within you. and that is of concern. stuart: to me the word dogma is code for both alice is on, and other words i think the judges being attacked for her religion. what say you. >> she certainly is and the only thing that is of concern is the democrats desperate attempts, if they are suggesting that a mainstream practicing christian is an eligible to serve on the federal bench with this country much greater trouble than any of us thought. i expect they will go down that road and i'll tell you once, amy has led such an extraordinary
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life, she is a person of the greatest moral principle, 16 or 17 years old she's walked the path, brilliant, hard-working and also a mom and a real person. they have no blemish in this ladies record either personally or professionally. they will have to attack her religion and i think it will backfire on them fantastically. stuart: do you think we will have a vote to confirm her before the election. >> i do and you hear the democrats jump up and down and scream about that but you have to understand the historical precedent, justice ginsburg herself was approved in 42 days, justice o'connor and 33, we have plenty of time to do it. the president is feeling his responsibly and i'm grateful the senate will do the same thing. stuart: changes subject were second period speaker pelosi backing away for her impeachment threats. listen to this. >> i don't think he's worth the trouble at this point, we have 40 days until the election, the
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antidote to almost every ailment that i am named is a vote. it is no use orchestrating one thing or another with what really mattered in terms of peaceful power is that people vote. stuart: what do you think is the reason behind her retreat from impeachment. stuart: the only thing that nancy pelosi has orchestrated is a failed speakership, then nothing to show for the last two years except there out of assault and attack on the president and we begin this crazy year 2020 with impeachment i was on the defense team and it blew up in their faces and her empty threat, the rhetorical game that she has claimed that will teach them again, we say bring it on but she realizes that will blow up again in their face and backfire on them and now she's got her back away. nancy pelosi is scattered because she's trying to appeal to all the elements of the radical left and she's not doing a very good job, she has big
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problems of her own. stuart: mike johnson, thank you for joining us and adding your expertise on judge. we appreciate that. look at the market, we are almost all on the green except for the dow that is down a half-point. let's leave it at that, look at the nasdaq, nice gain implies tech is doing well, up 75 points on the nasdaq as we speak. susan is following the global car market following california's decision to ban gas powered cars after 2035. susan: the executive order with more strict year regulations that was announced this week for the next decade and good for electric car names like tesla, videos, the workforce is in nikola, nikola is up-to-date in the session, it is bad for traditional car companies that have to catch up to the ford, they are chrysler but general
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motors has spent $3 billion each and every year for 20 new electric car miles by the year 2023, analyst say the executive order in california is no return when it comes to car companies meaning it's an all electric feature in looking at the numbers, by the time we get to 2035 when the california bill goes through electric cars are expected to account for 50% of all new cars sold in by the year 2050 that goes up to 80% of all new cars. stuart: that's a projection, is this globally, 15 years from n now, half of the new cars sold will be electric all over the world. susan: not just 10% penetration in ten years time, it is actually accelerated the trend which is actually good for a lot of the car stocks because it's interesting morgan stanley says it's not tesla that will when the electric era, morgan stanley says it will be bolts wagon number one for the year 2040,
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they save bolt will send over 1 million cars by the then number two is toyota, tesla's number three, 5 million electric cars by the year 2040, number four general motors. stuart: your expert opinion on this. susan: all express a stock outlook, tesla is trading more expensively than these car companies combine, do they deserve the evaluation when they are only going to be number three in the future by 2040 selling electric cars. stuart: bad question, the at the moment there worth the entire japanese car. susan: other names combined, do these observe that high price, i'm going to say no. stuart: you youngsters have been putting your money into tesla, you believe in it. susan: the robin hood trading
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crowd. stuart: iem, major backers of tesla. susan: electric car companies and electric battery makers have been the top five out of ten stocks. stuart: i think it's a wonderful thing, open my eyes to the companies of the future, that is what we are doing on this program, thank you for your help. we are back to the video from florida overnight, protesters confront diners trying to eat their meal outdoors, this was last night, this is not an isolated incident, it's becoming much more common, what happens when the protesters picked the wrong table, you could have trouble right there. we will show you sixth avenue, a beautiful friday, great weather, the streets are not crowded, we will be back. ♪ ♪
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stuart: believe it or not just 39 days to the election, november the third, a fox news poll, the race in ohio tightening for joe biden leading president trump in key states like nevada and pennsylvania, read on your screen right now, katie is with us, the former rnc chief of staff, katie, give me the big picture, we are told that the polls are tightening but i did not see that in the fox poll in nevada, pennsylvania or nevada, straighten me out. >> i think it's really telling to look back at 2016, at this point in 2016 if we have a politics average, exceeds me hillary clinton up six, ten,
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12-point on the presidents pennsylvania and they had her up two, four, six pointed nevada and also in ohio and that all proved to be wrong. i think it is really important to understand i don't need a public pulled to figure how to adjust and we will see the same mistakes made in 2020. stuart: what mistakes are they making. >> they are undercounting the trump vote, their oversampling some of the democrats, i think their turnout models are wrong, i think they always overestimate and underestimate republican turnout and i think we will see that again the cycle. stuart: you are not worried th then? >> i am not worried, the ground that the president is running, the rnc in conjunction with the trump campaign between the ground game which knocked on 20 million doors, 100 million phone calls in the progress that they are making, and florida there was an article that was staggering that talked about the
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fact that the trump campaign and the rnc had registered 58000 new voters in florida alone in august of this year end give you context 91% increase from the new voter registration in august of 2016, when you think about the fact that they are voter contacting a doorknocking to win the heart and minds of voters meanwhile we have a full-time full-scale top-level voter contact program with thousands of voters in these target states, i think that the story that should lead the polls time after time. stuart: with four days from the very first presidential debate, it's going to be moderated by fox news chris wallace, the topics will include the supreme court, the virus pandemic, the economy, violence, race issues in america, all of the above coming up to debate on tuesday night, what do you think will be the biggest issue on the table,
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i think it is going to be the president making the supreme court pick. what do you say? >> i think absolutely but joe biden not making any announcement after 930 in the morning. when i see him call a lid at 930, it will see him out afternoon on any day. i do think that the supreme court conversation the president will join the conversation and is obviously something that the country cares about one of the biggest things with that the president does as his role for president of the united states is to appoint the supreme court justice. i think he will see that and i don't think you'll see a drastic contrast and how the president sees it moving forward post covid and post coronavirus and by president biden, the vice president could talk about shutting down and he could talk about new jobs and getting jobs back and nobody things backup, i think you will see a big contrast similar to the
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convention and use all the bump the president got at the convention and i think you will see that really clearly when they are on the stage together. stuart: we will see if there's a bump wednesday morning next week. thank you for joining us we will see you again soon. tune into fox on tuesday september 29, catch all the action live, we also have special coverage leading up to the debate on the fox business network. back to the market really fast, we see a lot of green, i didn't get to crowley by any means but a solid gain for the nasdaq up 66. president trump out and about today, he is afforded this morning, shortly he will host a latina for trump event, if he stops and speaks to reporters you will see it. it is estimated $11 million worth of damage was caused to small businesses in the kenosha riots. the state of wisconsin pledging to help those businesses. details after this.
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stuart: let me show you this video diners confronted by
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protesters, you will run this for a minute but come into this, it's getting out of control. ashley: we've seen these aggressive protest playing out across the country before but they are disturbing to watch, this was caught on video in st. petersburg florida this week, protesters upset over the grand jury verdict in the breonna taylor case, as you can see going to a man and woman having a meal in the clip is being viewed on social media nearly 2 million times, the three protesters in the end run over as both sides exchanged words, the woman stands up and pulls out a phone prompting the protesters to say let me guess your calling the cops. the table is then quickly surrounded by other demonstrators holding signs that say were all human and say her name breonna taylor, there were multiple confrontations by the way on this particular evening
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especially when other diners started yelling back at protesters, we see this again in virginia, washington, providence and let's not forget in pittsburgh, recently where three protesters were charged when you can see them approaching a table confronting people, yelling at them and one of the protesters in pittsburgh, they don't just grab the beer right off the table, it says thank you very much. the protest claims the couple gave them permission and the couple said no way they came over and grabbed our food and started yelling. were seeing this again and again, and as to your point throughout the show they're going to pick on the wrong table in the wrong people and this could get very ugly. stuart: you got it right, let's go to wisconsin the state making more money available to help businesses rebuild and kenosha, back to you how much money are we talking about. ashley: it's going to add another $3 million to try to
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help small businesses and kenosha recover from the damage caused by recent rights, that's in addition to the $1 million and no interest loans made available and according to the local fire chief the cost of the damage that we saw over a number of evenings has topped $11 million in the protest directed to the police shooting of jacob blake on the august 23 roughly two dozen fires were set and numerous business days either severely damaged or destroyed some fighting to stay alive during the pandemic and they may never reopen again, despite the state funds to help them rebuild, it is a sad sight. stuart: the taxpayer have to pick up the tab for the anarchy is destruction. let's move on ask both star charles barkley weighing in on the d from the police movement, lauren come into this what is he saying. lauren: this was during a
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pregame mba broadcast last night, he called breonna taylor's death sad and said no knock warrants need to end but he added that breonna taylor's boyfriend shot at the police. >> i hear these fools on tv talking about d from the police and things like that, wait a minute who are black people supposed to call ghostbusters when we have crime in our neighborhoods, we need police reform, white people especially rich white people are always going to have cops, we need to stop the defined or abolished the cops. lauren: shakeel o'neill agreed with him, both of them getting torn apart on social media for defending the police in their statement. stuart: why am i not surprised, thank you very much indeed, let's go to florida, that is where the president is going, what is the president going to do. >> he is going to have a
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roundtable, latinos for trump roundtable as it is built, president trump arrived to his resort the trump national overall, late last night and he still on property and about 11:00 o'clock a.m. that's when he will have the roundtable and is clearly appealing to latino votes, enter brand-new ad came out targeting latinos in spanish-language in the biden campaign has also done the same, $6 million in a big spanish add pfeiffer south florida, paid for by michael bloomberg in his effort to get biden elected. biden has been leading trump in the polls in florida but that has shrunk, the latest polls roughly two or 3% so within the margin of error but the latino vote is huge and we are the trump national doral golf club,
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they have a lot of venezuelan american immigrants and of course miami-dade has a whole lot of cuban-american immigrants, the majority of them get reelected, he will talk roughly in five minutes. stuart: thank you very much indeed, right in the middle as usual. how about california, one story after another. really crazy stuff out there, steve hilton will join us about california crazies, we talked president trump supreme court front runner judge jeanine purell on that. plus she will get my take on the upcoming presidential debate which is only four days away, we will be back.
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i'm a financial advisor. she is! aig proudly supports all the professionals taking care of our financial futures. >> there will come a time where you'll say if things are right, when we do this correctly, that of course i will transition power peacefully. if that, if and when that happens, we're going to see a market explode. >> 8% higher than it is, wait to see that. that's my top tip, don't buy the dip. >> this test is not yet approved. we'll begin taking orders on this test in the first week of october and be able to deliver shortly thereafter. >> the solution to getting fast results for something like airline travel really focuses on -- >> you have two ways to charge, right? as long as it's public.
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so if you're charging at home overnight, that's the cheapest. you're paying about four cents a mile, so a huge price reduction. ♪ ♪ stuart: yes, it's friday. [laughter] we've got a big show coming up for you this hour. paris deforward, steve hilton, judge jeanine, they're all on the show. and wait for it, there'll be friday feedback as well. we promise all kinds of things right at the end of the show. first, though, check out those markets. still got plenty of green. it's not a huge, powerful rally by any means, but we are up, 26,800 on the dow. look at this, a live look, doral, or florida. president trump's about to hold a latinos for trump event. any headlines, again, we will always make this promise, you'll get 'em real fast. and now this.
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i'm sure you've seen the countdown clock, how many days, hours, minutes, even seconds to the election. well, there's another, the countdown to the debate. it is next tuesday night. it's going to be the most important event on the campaign calendar so far. that's my opinion. it could even be an election decider. the first clinton/trump debate, remember that? 2016? it got 84 million viewers. this time around the audience could reach 100 million. think of the impact of that. five weeks to the election and 100 million voters watch the candidates square off? well, compelling. but let's be honest, republicans will be watching for a biden gaffe or a senior moment. democrats will be nervous about that. one big mistake and 100 million people will see it. but the bar is so low for biden that if he makes it through without a major breakdown, the media will declare him the
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winner. frankly, i think they'll declare him the winner no matter what. if there's a real debate on the issues, the president has real advantages. he brought prosperity and growth, the economy is back up and running. he got virus tests and vaccines at warp speed. he confronted china. he brought a degree of peace to the mideast, and he works real hard. his vulnerability is likability, not sure how he's going to deal with that. joe biden is vulnerable on a variety of issues. for a start, his basement strategy makes him look scared. looks like his team is protecting him from himself and covering up his lack of energy. he will be pressed to reveal his supreme court picks. the president announces his pick tomorrow at 5 p.m. eastern. biden will surely be asked about his son hunter and the millions he took from the russians while he did nothing, and how do you get back to prosperity when you're killing fossil fuels and sticking the country with trillions in new taxes?
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the contrast between the it candidates is truly stark. that's what makes the debate so compelling. prediction? the day after the media will call the president names; liar, racist, sexist. deplorable? probably not. no, they're not going to say he was a deplorable, that's shades of hillary. but no matter what, they will say that biden -- they will never say that biden lost. the media's judgment is not important. 100 million americans will decide for themselves. joe biden will paint trump as being challenged by those same issues. he will stand on his record, etc., etc., etc. the debate is four days away, plenty of reasons to watch. i'll even stay up late for it. you just can't miss it. got that. here is elizabeth macdonald, host of "the evening edit." all right, liz, welcome back. always good to see you. you want to give me a prediction for the debate?
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your prediction? >> i think, i think what you said is likely right. and what is also going to be telling is how joe biden performs because, stuart, over the last month and a half joe biden's campaign has called a, quote, lid about a third of the time where joe biden has canceled all campaign events. he hasn't been out on the campaign trail for about a total of three weeks. more than 22 days he's been not doing campaign events. so the question is, is he ready for sharp questions on his policies. you can imagine, you can expect joe biden to try to pivot and, you know, point the finger more at trump and be very vocal and vociferous in his responses, but when you read the transcripts of the debate -- which you would urge voters to do -- watch for the content of what is being said on their policies. because joe biden has not been challenged enough, critics say, on the campaign trail. let me point out this for you,
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in texas, the texas democrat party chairman is saying how come joe biden is not coming to texas? he has his own personal plane to avoid problems with covid-19, the campaign side of covid-19 when he has his own personal plane, he could have come. in north carolina there was a black economic summit. a top african-american official, the chair of the local african-american caucus in north carolina said i only heard about this day before the event, that joe biden was coming, on it's. and only 16 people -- on television. and only 16 people showed up. so the question is, is joe biden ready given the fact that he's been getting a lot of softball questions on the trail. stuart: that is a fair point, liz. stay there, please, i want to turn to the markets for a moment. and listen to this, goldman sachs says delayed election risk is overblown as far as the market's concerned. susan? >> they say it's already baked in that delayed election results could hurt stock markets, so goldman predicting we'll
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actually have a pretty good sense of the winner on the evening of november 3rd. stuart: really? >> yeah, because this is a combination of what they call early returns, voter turnout, county-level data and the known margin of error. key battleground states already allowing voters and votes to be counted well before the election, they say, and that means the stock market, they can actually trade the results of the votes even if the polls don't actually especially call the race on the evening of november 3rd. goldman a bit more calm than what's actually happening in the marks. if you take a look at what wall street's doing, they're scrambling right now to buy insurance against an unknown election -- stuart: how do they buy insurance? >> future contracts, it's all hedges and options, and this actually makes the u.s. election the most expensive risk event in options history. stuart: okay. >> so you're protecting yourself on the downside in case you get the election outcome wrong. stuart: so money pouring into those insurance vehicles. >> right. stuart it is. >> yes.
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and there are hedges against getting the wrong vote. stuart: okay. i still think it's going to be election chaos, and i think the market goes down because it doesn't like it, but that's just me. >> they say we will get chaos. we're looking at the worst september in nine years already. stuart: all right. let's move on. nine mail-in ballots just found discarded in pennsylvania. nine of 'em. okay, not many, but seven of them were for president trump. here's what the president had to say about it. >> we have to be very careful with the ballots. the ballots, that's a whole big scam. we want to make sure the election is honest, and i'm not sure that it can be. hillary clinton just a week or so ago told joe biden do not accept the results of the election under any circumstances. but you don't ask her that question, you only can me the question. stuart: liz macdonald, come into this, please. what do you think about election night and election november chaos? what do you say? >> i think you're right. i think there will be chaos.
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you know, there are ten states -- just to address the absentee ballots alone, ten states will be counting absentee ballots on that night alone. you know, i hear the media and the democrats who have been watching this for some time downplaying the issue of voter fraud. there's no action in texas where an individual was arrested for voter fraud. you know, the democrats and bernie sanders recently said there's only 143 criminal convictions for voter fraud in the last 20 years. we're seeing more cases than -- hundreds more cases than that, and you've got to remember that, you know, bush v. gore in 2000 was decided on just 537 votes. so when you have, you know, issues of voter fraud, i think you're absolutely right, i think it's intensifying, i think there are issues with voter fraud with, you know, false registrations, duplicate voting and certainly problems with mail-in ballots. we've seen it in a number of states already. stuart: i think it's going to be chaos, but there you go.
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liz, we will be watching you every night 6 p.m. eastern on the fox business network. it's called "the evening edit." liz, thanks for being here, appreciate it. let's get into the vaccine story of the day which is novavax. they are starting a phase three trial in britain. they're looking for 10,000 volunteers for this trial. the stock is up nearly 12%. investors like this. show me the cruise lines. they've got an upgrade, three of them, on your screen, three of them got an upgrade from barclays. lauren, you've got more on this, please? >> yeah, royal caribbean, carnival and norwegian, they're actually the top three performers on the s&p 500. barclays says it is time toll buy them because there is a possible, possible lift to the cdc's no sail order next week when it is due to expire. the cruise lines have all submitted plans how they will set sail safely, we'll see what the cdc has to say about that, but this is good news for the
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travel industry. it does not extend to marriott hoe el tells. it might lose 122 of its properties. this is the reason. the owner of those, which is service properties trust, says marriott owes them money, and if they don't get $11 million in ten days, they're going to rebrand the marriott. we'll see if they actually do it or if it's a threat. stuart: there you have it, shrinkage in the hotel business front and center. lauren, thank you. potential supreme court pick amy coney barrett attacked over her faith. does religion count on the bench? there's a good question for judge jeanine pirro. she's on the show. meanwhile, president trump wrapping up a busy week. nice florida right now speaking to latino supporters. then he's off to atlanta to speak about black economic empowerment. we have paris denard from black voices for trump. he's going to join us on that with a preview in just a moment. ♪ ♪
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♪ stuart: all right. let's talk ohio, swing state. trump and biden neck and neck there. hillary vaughn is in cleveland for us. all right, hillary, voters -- i mean, i think what about manufacturers? ohio's a manufacturing state. what are the factory people telling you? >> reporter: well, or stuart, they're telling me that business has been better under president trump for the past four years than it was when biden was vice president for eight years before that. and we talked to manufacturers about biden's campaign promise
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to spend, in part, $400 billion in taxpayer cash buying things made in the usa. that would be a big boost in the battleground state of ohio. they ranked third in the nation last year for manufacturing, and compared to 2016 ohio's industry has grown. they exported $4 billion more last year n2019, than they did in 2016. so we went to cuyahoga county and talked to manufacturers about joe biden's plan. one of those manufacturers, freedom corporation, has been in business for over half a century. they do $20 million in sales annually. i they told us that biden's promise to repeal trump's 2017 tax cuts would do more harm to their industry than biden's pledge to spend billions to boost their business. >> just having cash now or orders now doesn't necessarily promote growth into the future. so i think those taxes kind of
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are really important. encouraging manufacturers to buy equipment, things like that, that will produce more and really maintain things for the future. >> reporter: and, stuart, another interesting thing we talked about was the impact of the china trade war on industry here. one group estimates the industry here took a hit by 19% from china's retaliatory tariffs, but one other manufacturer told me one thing they want to see in a president the next four years is a continued tough stance on china over trade. stuart? stuart: okay. got that, hillary. thank you very much, indeed. now i want to go to lauren because, lauren, we're hearing speculation about who joe biden might pick as his treasury secretary. lauren, just tell me it's not elizabeth warren. [laughter] >> at this point it doesn't look like it. look, elizabeth warren, i think everybody can agree, is a good communicator, right? she's really good at telling you what economic policy should be,
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but wall street mostly hates her. and if you have a biden administration, the treasury secretary needs to communicate to the american people about the economic recovery but also work with wall street to get us there and keep us going. not sure elizabeth warren can do that. the woman you are looking at is federal reserve governor lyle braynard, and she is rumored to be biden's top pick for treasury secretary right now. she is more mod rate, although recently she has pivoted more to the left. this is reassuring somewhat to wall street that it wouldn't be warren and biden might govern more as a moderate. stuart: i just can't see it here in the united states of america, but it's been an extraordinary year. >> i hope mr. biden agrees with you, if it comes down to that. stuart: he probably wouldn't. lauren, thank you very much, indeed. see you again soon. okay, now this, i wanted to
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take another look at this, because it's important. a couple sitting together eating dinner at an outside table in florida, st. petersburg. a demonstration marches past, a few people break away and commandeer the couple's table. the lady tries to unseat the demonstrate ther only to be pushed back forcefully. their drinks are overturned. they are the victims of confrontation, a tactic that's become really common place. thugs should not be allowed to do this, but whomsoever is organizing these protests has done nothing about it. there's nothing peaceful about this kind of confrontation. it's also, again my opinion, it's a bad tactic. if you're trying to gain public support for your cause, anybody who sees this video will ask what if that were me? public support already sinking. it can only fall further with incidents like this. one last point. sooner or later confrontation victims will push back. the thugs will pick on the wrong
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person. strong stuff. paris dennard is with us, member of the black voices for trump advisory board. all right, paris, i i say these type of tactics will turn people off the protests. turn them off. what say you? >> listen, the black community and many communities all over this country are tired of all of the lawlessness, the rioting, the violence. the president is leading when it comes to asking for law and order, having public safety because there should be a reasonable expectation that in 2020 american cities run by democrats should be peaceful in the time of great turmoil. but these democrats are not having tactics that are working because they don't want to give the president the credit that he deserves to actually say we need law and order. black businesses need to be protected. people's lives need to be protected in these urban cities. this is why the president is leading, and this is why it's
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making a difference in the polls. stuart: by the way, that video which we've been running this morning, has been seen on social media i think a couple million times already, and that's a big number. hold on, paris. in a couple of hours, president trump goes to atlanta. he's going to unveil his plan for black economic empowerment. paris, what do you want to hear from the president? >> this is a historic event. i'm here in atlanta right now, and the president's going unveil his second term agenda for the black community. when you talk about black empowerment, this president is talking about doing things to give access to capital to black communities to the tune of $500 billion. this is something that is unprecedented. this president is going to unveil, i believe -- and i hope to hear things that are going to message to the black community and say i hear you, i care about you and i'm going to deliver for you like i have these past four years. give me four more, and i'm going to make good on every single thing that i've done and expand
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upon it. it's an extraordinary achievement. stuart: dud you say $500 billion, a half trillion in capital geared towards the black community? that's a huge number. >> it's an unprecedented number. and the president doesn't roll out things that he's not able to deliver on. all of the numbers that i believe the president's going to roll out have been certified, will be proven in models that he can actually get things done. joe biden proposes things and puts things out there that can't get done. the congress won't do it. there's no appetite for it. but what the president's going to roll out, i believe, is something that he knows he can do. he won't promise the black community something he will not be able to deliver on, $500 billion for access to capital is a big deal. stuart: make a prediction for me. what proportion of the black vote does president trump get on november 3rd? it was about 8% in 2016 -- you're smiling -- what is it going to be in 2020? [laughter] >> a lot more than 8%. i can guarantee you that. stuart: okay. we'll listen to the guarantee,
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and we'll check it out later. paris dennard, thanks for being on the show today. see you later. now, president trump is set to announce husband supreme court pick tomorrow, 5 p.m. eastern, by the way. judge jeanine is here next on the attacks his front-runner, amy coney barrett, is already facing. ouch. the governor of california banning new gas-powered cars by 2035. where are they going to get all the juice, the electricity from for those electric vehicles? they're already dealing with rolling blackouts. steve hilton has something to say about that, and he's coming up next. ♪ ♪ this is decision tech. find a stock based on your interests or what's trending.
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get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. ♪ here? nah. ♪ here? nope. ♪ here. ♪ when the middle of nowhere... is somewhere. the all-new chevy trailblazer. ♪ everything we have, we've earned. the unmistakable lexus is. get zero percent financing on the 2020 is 300. experience amazing at your lexus dealer.
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i'm a delivery operations manager in san diego, california.
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we were one of the first stations to pilot a fleet of electric vehicles. we're striving to deliver a package with zero emissions into the air. i feel really proud of the impact that has on the environment. we have two daughters and i want to do everything i can to protect the environment so hopefully they can have a great future. stuart: my producers are telling know smile at all costs, and i will because look at that, the nasdaq's up triple digits, up 127 points. the dow's up nearly 100, so smile, sports fans. i see a lot of green. now listen to this. the city of berkeley, california, that will become the first city in the nation to ban junk food. okay, hold on a second, not ban it all, just in grocery checkout lines. i've got to bring in steve hilton for this, host of "the next revolution," he's our
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california guy. look, steve, this is not banning mcdonald's or wendy's, this is just banning junk food in the checkout line, those little goodies that you can pick up at the last minute. you got a problem with that? [laughter] >> well, actually, i mean, i'm sorry -- look, i've got a beef, if i can use that term, with berkeley city council over many, many issues. on this one, i have to say, i'm okay with it because it's about the pushing of this junk food at the checkout. you've already been through the store, you've decided whether or not to have it, to we really need to have it pushed at you at the checkout, and frankly there's a policy issue here which is a lot of the problems in our health care system could be avoided if people had better diets. we don't need to be adding to it with kind of irresponsible marketing like this, so i'm fine with it. stuart: what happened to you, steve? you used to be the freedom-loving next revolution guy, the revolution of the people making free choices, and you're okay with the ban on junk -- okay, i'm going to move on because my head's exploded.
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i'm very surprised actually, hilton. you used to be steve, now you're hilton. [laughter] governor newsom, no more new gas cars by 2035. okay, so where do they get the electricity from to power the electric vehicles which will i place gas-powered vehicles? they've already got blackouts. >> exactly. there's a completely ridiculous are energy policy in this state. it's basically a version of the green new deal. they've canceled new gas plants, canceled nuclear, canceled all the reliable forms of energy. so when you have hot weather, surprise, surprise in california there's hot weather in the summer, you have literally going on right now blackouts because they can't meet the demand from intermittent solar and wind power. they're going to increase that problem by at least 25%, maybe more if all the cars are now running off the electricity grid as well. they say, oh, well, maybe we'll have battery technology by then. maybe, but don't you think you ought to get that in the plans
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first? and, by the way, i'm all for thinking long term, but there are so many problems right now that they're not fixing. you have the unemployment if insurance system in california has totally collapsed because of incompetence. they've literally had to stop it for two weeks. no one can get anything in terms of unemployment insurance. a town the other week that burned down because the fire prevention measures, the forest clearance that was promised two years ago never happened. a town in california that was promised a year ago by gavin newsom clean drinking water still hasn't got it. so, or fine, ban the dirty cars in 2035, but do you think we could get clean drinking water today? stuart: yeah, your head's exmoding as well as mine. we'll get back to berkeley in a second, but first there's this. tulsa, oklahoma, they've got a program that pays people $10,000 to move to oklahoma, and more than half the applicants are from the bay area of california. what do you say -- what does that tell you about california
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and the bay area? >> well, it basically tells you about the complete disaster of one-party rule and democrat governance, because it makes it impossible for people to live and work on the kind of american dream middle class lifestyle that i we want for people. the housing is so expensive because of their regulations that make it so expensive to build an affordable home. the transportation costs are, therefore, massive because you've got to get around. the taxes are the highest in the nation. the poverty, despite that, is the highest in the nation. you've got filthy call hour on the streets. no wonder people want to move -- squalor. stuart: i just can't believe that you would allow the local government in berkeley, california, to decide what i and you to pick up at the last minute right before the checkout counter. you don't know how many principles you've just breached this, hilton. but, you know -- >> i you'd hate it. -- knew you'd hate it.
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stuart: don't worry, you'll be back, if you're not careful. by the way, we can see you, i believe it is 9 p.m. eastern, sunday night, fox news channel. i will still watch, stuart, regardless of berkeley. >> thank you, stuart. see you soon. stuart: you're most welcome. airlines, they could furlough literally thousands of employees next week if congress doesn't hand out some money to them. edward lawrence is right there at reagan national. all right, give me a call here, edward. will they reach a deal in time? >> reporter: probably not. you know how slow congress works. we're talking about 37,000 potential layoffs in the airline industry here. this is dreadful numbers if you just look across the board. in fact, the cash burn rate for the collective for the airlines is $7.5 billion per month in the second quarter. that burn rate expected to continue through the first quarter of next year, maybe at a lower rate. get this, if you look at the number of passengers, airline travel is down 66% from this
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time last year. international airline travel down 84% from this time last year. the tsa saying through their checkpoints 826,000 people yesterday moved through checkpoints, last year on the same day 2.5 million people. you see the issue here. so the airline industry asking for a suggestion month extension of the payroll support program, that's the $25 billion in the cares act, a sick month extension of that would pay the payroll of those folks so they wouldn't have to lay them off on october 1, but it doesn't look like it's going to happen the way congress is moving here. stuart: okay. you answered the question, and we'll take it. edward lawrence, thank you very much, indeed. better check the markets real fast because we've got a rally going on here. dow's up 100, nasdaq's up 130. >> apple up close to 3%, speaking language that you understand, looks like big tech is gaining on a friday which i think is encouraging because you
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know at the end of the week usually you have investors taking money out of the stock market because they don't want to hold risk over the weekend. the fact that they are buying on the last day of the week in a stoapt forget, the worst september since 2011, and most of the money coming out of the frothy tech names because people want to hold cash. we've seen $26 billion of outflows over the past week meaning $26 billion worth of investor dollars have come out of u.s. stock markets because people are so concerned about the outcome and the contested vote that we're expecting on november the 3rd. stuart: well, you know, you've been reporting all morning on what goldman's saying about the election. they're saying ease up on it, it might not be quite the crunch finish. >> well, they're saying it's already been priced in given the declines we've seen with apple in bear market territory, down 20%, you've seen all of this volatility and concern priced into the market, and you have a lot of people buying insurance, as i mentioned to you, against a contested vote. stuart: but what happens when it gets to, like, november the
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10th? >> yes. stuart: you know, a week after finish. >> right? stuart: you've still got no results. then it gets into november of 20ened, and then it gets into december, if you still don't have a result that everybody agrees on, you've got a problem for the market. >> well, goldman says you'd you'll have an indication on november 3rd -- stuart: yes, likely. that's different. >> you're not going to get an official call, but you can probably guess who the winner would be since you have early voting, you have known margin of error, in their view -- stuart: and then you've got late voting in four states, late counting in four states, swing states, important states. >> right. stuart: that could upset the whole ball of wax. >> so back in 2000 hanging chads from the contested vote to gore concession, 7% down for the s&p 500. stuart: i thought it was 11%. >> i said from the vote to the concession, it was 7% -- stuart: check your numbers. >> oh! i will, indeed. stuart: supreme court front-runner, we're told the
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front-runner, amy coney barrett, under fire for her catholic faith. watch this. >> the guaranteed vote both to overturn roe v. wade and to the affordable care act, obamacare. planned parenthood could dent the judge's nomination. stuart: does rebigs really play a -- rebigs really play a role on the bench? judge jeanine pirro weigh weighs in on that next. ♪ ♪
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♪ this is the feeling of total protection now that we protect your identity, mobile phone, auto, home and life you've never been in better hands allstate click or call for a quote today >> when we read your speeches, the conclusion one draws is that the dogma lives loudly welcome with. and that's of concern. stuart: look, i'll i saw it again, the word dogma, in my
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opinion, is code for catholicism, and there you have senator dianne feinstein, i think, criticizing the religion of judge amy coney barrett. judge jeanine pirro is with us now. do you read it the same way, that she's being criticized almost directly there for her religion? >> yeah, i don't think there's any question but that. not only was she being criticized in her nomination to the 7th circuit court of appeals -- for which she was confirmed -- but i think the criticism will only ramp up if she is, indeed, to be the candidate for the supreme court. this is in violation of article vi of the constitution which prohunts any kind of a religious -- prohibits any kind of a religious test as a prerequisite to any type of public office or appointment. and what we're going to see is probably the most difficult supreme court hearing, nomination that we have ever
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heard. the chem9 accurates are dug -- democrats are dug in. make no mistake, they're all about abortion, and they are upset that amy coney barrett is a practicing catholic, she lives her life of in a wholesome and godly way, and as a result of that, they're gunning for her. she has, however, made it very clear that if there is a problem, that she is clearly aware of the fact that her job as a judge is to apply the law and the precedent and never to allow her personal opinions to in any way impact her decisions. and that's what judges do every day of the week. you have judges who are against the death penalty who may have to charge when it was legal a jury on death penalty instruction. i meaning all of us do it, i dud it, it's required of us. that doesn't, you know, what we're seeing now is there's going to be a war, a religious
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war if she is the candidate, where the democrats are going to dig in as deep as possible, and it's going to get ugly, and it's going to backfire. stuart: do you think that joe biden will release his list of supreme court candidates before -- [laughter] the hearings or before the -- you're laughing. you don't think he will? >> i don't think he knows who they are. they haven't sent him the i e-mail yet. i mean, and if he were to distribute the list, i mean, it would be so far left. even aoc said that he his candidates would divide the party, it would be bad for them, that even the moderate democrats, she doesn't leave any room for any other interpretation of it than moderate democrats would flip out if they saw the democrats that they would nominate. stuart: okay. >> so it's really clear that he's not going to submit a list. there's no way he's going to submit a list. stuart: well, that's a losing proposition, in my opinion. real fast, judge, i'm going to run that videotape of the people being harassed while they're
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trying to dine outside. we're going to run that tape, see it again. i want your opinion on it, because i think that's exceptionally provocative, and one of these days they're going to pick on the wrong couple. >> yeah. i don't think this is any question that they're going to pick on the wrong person, and to be honest with you, whether they pick on the wrong person or not, i think america is fed up. i think that the backfire's already occurred, and that's why i wrote the book "don't lie to me." they're telling us that these are peaceful protests. you know, you go out to dinner with your husband or a friend, and they have the audacity to impose on your personal space, pick up your drink, pick up your food? in any other scenario, people would deck them, it's that simple. they're not making any friends with this. stuart: you're absolutely right, i'm sorry -- >> and, by the way, that's disorderly conduct, that's harassment. there's any one of a number of crimes if we could get the police, you know, get the mayors to allow the police to enforce their job.
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stuart: i'm sorry to be rushing this, judge, hard break coming up. thanks very much for being with us. we'll see you very soon, that's a promise. all right, everybody, the friday feedback, that's the proper name, friday feedback is next. ♪ hi, i'm dorothy hamill.
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♪ ♪ stuart: all right. there is sixth avenue again. not quite deserted, but we like to show you new york city. we're kicking off friday feedback. come back in, ashley, lauren, susan, all together. first e-mail from mac. my question, i've noticed why is it, he says, that the markets tend to act more i rattic and have more drastic downturns when stuart's on vacation? oh, come on, man. [laughter] ashley, it's your fault. >> actually, that's not true. the last time i fulled in for you, we had a nice gain. all i can imagine is when you're not working, you're cashing in on all your profits. stuart: when you anchored last time, it was wednesday, the market went up.
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you'll never do that again. spartan dave, that's a nice handle. stuart mentioned a while back that he'd been reading more, and i'm curious what each of you has been reading during the lockdown. start with you, ashley, then lauren, then susan. >> it's funny, the iron lady, the boyle few on margaret thatcher, which is, you know, i thought, okay, i thought i knew a lot of it. it's absolutely fast naughting, especially about her characteristics, what she was like. it's fascinating. stuart: okay. lauren? >> i resent the question. who has free time during lockdown? no free time. [laughter] the only thing i read the newspaper. stuart: okay, all right. >> how about you, susan? >> biographies, bob iger, ride of a lifetime. so, yeah, i have more time to ed read when i don't have kids. stuart: i'm reading robert massie, the brilliant historian of russia, peter the great, who is the great czar -- >> new of you want to babysit?
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raise your hand -- [laughter] do some more watching of children? stuart: lauren, i'm sticking to the reading. all right, from steve, you should increase your hours to all day when the markets open. can't get enough. what do you think, lauren? you up for an all-day trip? >> i feel like we all do it already, just not on this exact program, so why not? let's give it a go. stuart: exactly. that's very true. this is a 24-hour job. jason writes this, he's got a suggestion for susan -- uh-oh. please take care to correctly pronounce, that is a split infinitive, jason, don't do that, pronounce correctly the name of our state. we know new yorkers like to say nevada, but please be advised that our state is pronounced with a hard a. >> nevada. that's how you do it. potato, potato. stuart: it took me 20 years to get to nevada, that's the truth.
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ken holsey says this, i like this. varney is spot on in analyzing what's causing the market -- >> who sends us these? stuart: i do. it's time for a varney presidency. sir, i am flat -- have we got a graphic on that one? i'm sure we've got a graphic. >> oh, boy. stuart: yeah, there you go. i'm flattered, but since i was not born in the united states of america, i cannot be the president. thanks for that e-mail, i really liked it. keep on coming. [laughter] jeff falconberry asks this, why do susan and others always say the apples, the facebooks, the googles of in this world when there is only one apple, one facebook, one google? >> i'm just being, i guess, broad in the sector itself when i say the apples, the googles, meaning technology. it's hardware plays and, you know, we have a lot of software. stuart: well, i'm guilty of charge, the facebooks of this world. i say that all the time. >> there you go. stuart: sorry about that, sir, but i'm going to keep on doing
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it. stephanie rodriguez writes this: hello, my 15-month-old wyatt loves watching and listening to varney. varney is his favorite on fox business. i think we've got a picture. i think we can see young wyatt -- >> oh. [laughter] stuart: you're all right. >> awww. stuart: i'm glad i captured that demographic. the viewers of the next hundred years, they're moon. [laughter] have we got time for this one? >> oh, funny. stuart: gucci overalls, $1400, complete with grass stain. we were talking about them earlier this week. should i wear those on the farm? oh, come on. anybody want to take that on? >> what's the brand that -- carhart? stuart: fess up, super, you'd never heard of carhart. >> i had no idea. susan superlauren?
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>> i've heard of it. stuart: don't have any carhart overalls? ashley? >> i lived in montana, everybody wore them there. >> how much do they cost compared to guccis? stuart: you can pick up a good pair for $70 or $80, and they'll keep you warm and last for a lifetime. >> not $1600. stuart: carhart is the brand that everybody wears in the country when they're actually working. wonderful stuff. thanks, everybody. keep it coming. i promise, if you're really desperate, there's more "varney" next. ♪ ♪ that's what my dad does. good job, michael! ok, lindsey now tell the class what your mommy does... my mom has super powers.
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it's like she can see the future. what?! it's like she time travels in a rocket ship. that's cool! and then she comes back saying "try this" or "try that." she helps everyone. she helps them feel less worried. wow! mommy, so what is it that you do? i'm a financial advisor. she is! aig proudly supports all the professionals taking care of our financial futures. there's an art to listening. it's the ability to hear more than what's being said. to understand the meaning in every pause. and to be able to offer the answers that make someone feel truly heard. i understand, let's get started. that's what you get when you talk to a dell technologies advisor.
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stuart: we are almost out of time, i need to alert you for major events coming up in the near future which we will be talking about for sure. first of all tomorrow afternoon, saturday afternoon 5:00 o'clock eastern, the president announces formally his pick for the supreme court, that will be 5:0, expected to be judge amy coney barrett, we will see 5:00 o'clock tomorrow. then the big one, tuesday night, 9:00 o'clock eastern the first
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debate, chris wallace from fox news anchors it, this could be a game changer, it could be an election decider, one little mistake for joe biden and it's all over, of course he may call a laid before the debate, who knows. i time is up, neil ensures. neil: thank you very much, we are focused on deal that could be the fourth straight down week for the market average, one of the worst for september this far we've seen for the better part of the decade. we are monitoring that and monitoring the report out of goldman sachs, you probably been hearing about it that amid concerns we are looking at another bush scored 2000 where the results are delayed and days maybe even weeks, goldman is saying everybody calm down, it's not going to be the end

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