this market. >> bn, don't be out, with the bike cast on the sideline, you gotta get invested, that your best opportunity. maria: there is our morning mover, over soaring, lee carter great to see you, ryan pain great to see you. see you again tomorrow, have a great day. that will do it for us. stuart: good morning maria and good morning, everyone. where do you start with a day like this, biden insults on the eve of the first debate, activist and told judge barrett on her senate meetings in d.c. and stocks are going up big time, no contest. we gotta start with the money, the dow industrials will be up for the opening bell way more than 300 points, look at the nasdaq up over 200 points, that's a big rally across the board, it's one of those despite the all days, election chaos,

that's still a threat a new stimulus plan high seed out still but maybe this is a buy on the dip day for big tech. the big five are off to a good start, you will see it all in a moment, plenty of green on the screen this morning, the debate joe biden says the president is not smart and he does not know much about foreign policy or domestic policy and he will come out swinging in the debate tomorrow night. the president wants biden to take a drug test before the debate and he's asking where is hunter biden, 36 hours ago, get separate tv ratings record, judge barrett facing harsh personal criticism, democrat activists are calling her a white colonizer for adapting to haitian children in senator feinstein's attack on her catholicism keeps popping up all over the place. judge barrett starts makin meetg tomorrow and several refused to

meet her including senator schumer, the hearings can begin in two weeks around october the 12th getting close, what a day and what a week, jobs day friday and "varney & company" is about to begin. ♪. stuart: >> elections have consequences and we won the election, we have the senate and the presidency, i think she will be confirmed and probably long before the election, well before the election. >> never before in our nations history has a supreme court justice been nominated and installed while a presidential election is already underway. it defies every precedent, the

senate has to stand strong for our democracy. they must not act on this nomination to the american people finish the process they have already begun. in selecting a president and the congress. stuart: there are two contrasting opinions from the president and joe biden butting heads over judge amy coney barrett's nomination. president trump says he believes she will be seated on the supreme court before the election. while joe biden wants a senate to do everything it can to stop or delay the process. judge napolitano will join us in just a few minutes on that subject. first you gotta get back to your money, this is a rally a significant rally this monday morning after a four-week losing streak. susan li is with us, why this big rally. susan: you have a lot of good tailwinds, your thought is the biggest jump in two weeks, you also have nancy pelosi talking about an alaska stimulus package, china's recovery from covid and profits up four straight months and this might be birgit hunting as tech stocks

are rally on dip fight in the other benefit of the other stock with a vaccine hope. we have carnival, american airline, you still have a lot of insurance buying ahead of the november 3 vote with investors paying for futures, option, volatility and wall street calling this the most expensive risk event in history. stuart: i could get behind that one for sure. no doubt, i may be wrong about the stimulus package, i'm saying this in doubt, maybe they will have a vote on it this week. susan: there is a lot of maybes on that, the supreme court is probably more important. stuart: let's bringing keith fits, or market watcher of the morning. you tell me, what is driving this rally this morning. >> hope, optimism, profit and enthusiasm which are key ingredients to far higher brighter future, i like that

because you know i was extraordinarily concerned last week and uncharacteristically so, we are back to the races is weak. stuart: it is over, whatever correction the dip we had you think it's water over. >> we are going to have ups and downs, people forget that is normal, that will be a traveling companion into the election, will i bet on the future in five years down the road in ten years down the road with my investments, you you bet i am. this is psychology that produces growth and big profits. stuart: there are several nine or ten ipos coming to the market this week, the new companies and new industries, i find it very encouraging that investors are pouring in to the whole new group of companies, how about you. >> soda why, history shows very clearly that money is a creative force and when you have a concentration of new companies going after new money they are doing it for a reason because they expect growth, the one that excites me is palantir.

stuart: that is wednesday if i'm not mistaken. the new ipo premarket as of now snowflake, the whole bowl of wax, all on the upside, very encouraging voice factor. give me the last 20 seconds. >> i cannot believe what i've seen coming into the election, i cannot believe what i've seen around the world in terms of covid, election, china, through it all the ceos of the great companies that we cannot live without that's where you want to concentrate, as an investor in the human being because were trying for the human spirit will survive and grow. stuart: keith is back in the market let's see how he does today. we will see you again real soon. an interesting case, another rich guy, billionaire, jeffrey, he might leave california, give me more. susan: he has two real estate agents low tax will govern u.s. states with other famous names

say they want to leave including joe rogan, elon musk and ben shapiro leaving california to escape a confident governance and the response for sacramento, wealth and massive income tax increases on job creators, also known as the wealthy. should i align with three smart guys or sacramento. sacramento is thinking of raising the top income tax raises 16% that make over $5 million. retroactively going back to only the first of this year so you have the executive order and all gas powered cars by 2035 in california woke regulation have a lot of famous people out of the state including joe rogan moving to texas, elon musk is building his cyber truck and a tesla factory and setting california. stuart: if they make it retroactive and go back to january the first of 2020 to put the 60% tax in place, it does not matter if they leave now they sought to pay up. susan: that is right, given the

budget deficit in california. stuart: my heart bleeds for california. let's get back to judge amy coney barrett, number of democrat senators said they will not meet with her prior to the hearings at start on october the 12th, judge napolitano is here. tell me about the tone of these hearings, are the democrats going to get nasty, really nasty like they did with brett kavanaugh. >> good morning stuart, i don't think the democrats have decided how they're going to conduct themselves during the hearing because the nastiness will simply not work with judge barrett unless there is some kavanaugh late disclosure of something which is extremely unlikely, she was just vetted by the fbi and the senate judiciary committee three years ago, there would be no rational basis for them to get nasty. i think they're probably going

to treat her with a lot of indifference and respect and she's already committed herself on the affordable care act, she's already argued as a knight and it's unconstitutional and therefore since she's made up her mind she should not set on the case which is going to be heard on november 10 just a week after election day, that is probably their best argument, but the person i'm going to be watching and i suspect you and most people watching now will be senator kamala harris, the democratic vice presidential nominee and the judiciary committee and she was hands down the most aggressive antagonist towards then judge kavanaugh and towards her republican colleagues on the committee last time around, how will she behave this time, the other person to watch his diane feinstein who actually attacked the catholicism and said your

catholicism is too strong, she had a great answer that deflated the question, i'd be shocked if the democrats are fool enough to go again. stuart: noble be interesting to see if kamala harris goes after judge barrett on the grounds that she's got two adopted children from haiti and one activist says you're just a white colonizer. i think that would be really something to see that happen. i don't expect it but it would be something wouldn't it. >> that would undermined tremendously democratic credibility, this is a woman with five natural born children into adoptees whom she rescued from horrific environments, this is an act of extreme selflessness for anybody to turn this around and say it's racial, colonizing, that person has a deranged sense of right and wrong. stuart: last one, is there any way that the democrats can slow

down the process so there is not a vote on judge barrett before the election. >> i think they can slow it down but they're just postponing the inevitable, whether they can slow it down to after election day i don't know at some point the senate recesses because a lot of senators and including lindsey graham who shares the judiciary committee and mitch mcconnell the republican leader are in tight reelection races and they need to get back home, chuck schumer knows that so he does not have to slow walk is all the way to election day he only has the slow walk into the third or fourth week in october. stuart: thank you for joining us, see you again real soon. let's talk the virus for a moment. i will put numbers on your screen, new data from the cdc that a near 99% survival rate from the virus all across the

board, it is 99% for up to the age of 50 which is extraordinary, shouldn't we be opening up states sooner rather than later, it's a good story and we are on it, you are looking live outside the debate whole in cleveland, one day away from the presidential debate hosted by our very own chris wallace, we will head there shortly, tell you all what it's about, another look at futures. up 300 for the dow, 200 for the nasdaq, that is a monday morning valley and we'll be right back. ♪ now is the time for a new bath from bath fitter.

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stuart: you check out the big tech as we are now, this morning they are all up, however, it looks like september is going to be big tech worst month ever. let's forget the past for a minute, susan one of the indications for big tech in october. susan: if you judge it by today as we head into october investors are looking for bargains for the monthly drop for the big five tech giants the amazon, the apple, microsoft, facebook and google and they lost more than $817 billion in value one month of september and the worst month on record, more than twice as much is the second worst month for the particular stocks that happened two years ago in october, $800 billion a lot of money but the big five has gained more than two in half trillion dollars combined this year, september has been terrible for the writer market and the single worst month in 20 years, however, analyst say this might be a goodbye opportunity

in morgan stanley recommends buying apple before next month iphone launch sticking to 130 call for the stock. stuart: as keith fitzgerald told us he is bracketed buying. look at nasdaq up 200, a fox business alert, no field the stock is down 34%, i don't know the story but susan does for its one of the vaccine developers for the coronavirus and they say they have to pause on a temporary hold on the phase two phase three trial this is part of a clinical hold until questions by the fda are answered when it comes to distribution and delivery devices for use in the study, the stock is up 400% this year, giving back 35 or 36%, a clinical hold and they will into the fda questions in october. stuart: the stock is up 34%, got that. our next guest says look at

lender and advisor, our guest says these will be the first companies to come up with a viable vaccine, first across the line, matt mccarthy is back the infectious disease specialist. why moderna and pfizer. >> it's good to see you again, the thing with moderna and pfizer, they are using the technology the hot no one has ever used before it's called an mrna allows integrated vaccine quickly and scale up large clinical trials almost immediately, moderna is enrolled almost 20000 people and pfizer has enrolled more than that, incredible news, were about to get a peek at the data very soon and we may see an emergency use operation for both, but there is a wrinkle to all of this, that technology, and nra is somewhat stable, that means that these vaccines have to be stored in subzero temperatures, you may see an emergency use

authorization coming through in october and november but you may see a push back the says that we don't have the capability to store these and you may see a number of healthcare executives and people coming out and saying johnson & johnson has a vaccine coming out in a few weeks and if you month that does not have to be stored at these temperatures and can be refrigerated, maybe we should wait, these will be the key things to keep an eye on over the next few months. stuart: that is absolutely fascinating. i'm going to put survival rates up on the screen. that is from cdc numbers, it shows that your survival rate to get the virus is 99.9% secure under the age of 50, it goes down a bit if your 70 plus. with survival rates like that it occurs to me that florida is right to open up, what to say. >> this is a topic near and dear to my heart as a floor floridian

and a clinician. i feel little bit surprise, the last time i spoke to you we had no idea how to treat the virus and now we know there is a cheaper widely available drug called death of mexico that saves lives in remdesivir and decreases the symptoms, were better treating this virus today the march and april, that opens the possibility that we can start reopening society and full disclosure to your viewers, i know the governor of florida very well and we've known each other since we were teenagers, he was my teammate at yale on the baseball team. i want to see florida open more than anyone, the challenge that we have is really what's taking place in the school districts in miami-dade and you 345,000 kids who are doing virtual learning because the teachers do not feel comfortable going back to the classroom. you can point to statistics and make the argument but if people do not feel safe we don' are goo

have a problem, we are challenging opening up restaurants and kids doing zoom school. i am 70 that gets brought intermediate these things are teachers and students and principles do not feel comfortable and i will say there's going to be a challenge if not% positive rate stays above 5% miami for kids to get back in school, i love the idea of reopening but we gotta do in a tactical approach so everyone feels comfortable with the way that we are moving forward. stuart: don't be such a stranger, your great guest and we want to see you on the show real soon. doctor matt mccarthy. let's get back to the rally, it's a monday morning i see green across the board, i'm looking at nasdaq up 200 points in the dow up 360. i love it. we will give you the familiar look of times square, a monday morning at 922, it is always deserted, pretty soon i'll get your picture downtown chicago or

atlanta or los angeles. susan: that would be deserted. stuart: we will be back i promise you that. ♪ (♪ ) keeping your oysters growing while keeping your business growing has you swamped. (♪ ) you need to hire

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case of despite it all, despite the election chaos which continues. despite the fact that were on the evil of a debate that could decide the election and despite the fact that we are looking at a supreme court hearing which will be wildly contentious and the new stimulus plan that may get about this week but to many people is still looks doubtful, those are negatives despite it all, positive, big tech is clearly making a comeback after all the heavy selling and judge bear is likely to be confirmed and she is in the mold of free market justice scalia, the fed is still printing money by the trillions, the positives at the moment seem to be winning and we have a monday morning rally, wall street opens in two minutes, big week lies ahead, joining is now ashley, lauren and susan, ashley start with you, what are you keeping an eye on for the week. ashley: i think there are three things, we know september

historically weak month finally ends this week thank goodness, but the question i am asking is a correction in the new bull market, a lot of analysts are suggesting that we see the overflow of money coming out a big tech into the recovery stocks and vice versa, today is a classic example and i know we have a premarket jump but if you look at who benefits most from a vaccine and economic comeback then you look at the stocks that have been beaten up, carnival, american airlines both up nicely in the premarket, no doubt that the research of the virus has investors on edge and if you notice the new daily cases new york state top 1000, the press time has gone through 1000 since early june, that's an impact and finally the big economic data comes at the end of the week with the jobs report from the labor department that releases a hundred 50000 jobs being added, that would be down from the

1.37 million in august and 1.37 million in july and we have not mentioned the debate tuesday, the election uncertainty, so on and so on, it would be nice to say goodbye to september. stuart: i bet lauren will mention the debate aren't you. lauren: i think the debate tomorrow is key, if biden comes out strong you might see the global stocks multinational in the green energy type stocks, conversely if trump appears to enter defense and fossil fuel will do well, aside from sectors, the rally that we are seeing in the rally that we've seen on several days, it can be pulled out with any news suggesting that back to normal is delayed and ashley gave you the expectation for the jobs report on friday, if another wave of layoffs is upon us especially among the small businesses who need physical help, for sku stimulus is stalled, that's a way for the economic recovery and that is not good. stuart: we have 20 seconds to go

before the market opens, i'm inclined to say that the opening up of florida and indiana by the way, that news opening up is good news for the market, not exactly normal for businesses opening up into states gotta be good for the economy. 9:30 a.m. on a monday morning right from the start we have a ton of green on the left-hand side of the screen and up 350 right from the get-go, of 360, 365 and 29 of the dow 30 have opened in the green, i have one left, honeywell not yet open, we might have a sea of green, we deaf 11 upside surge 1.3% higher. the s&p up 1.3%, pretty consistent across the board and then nasdaq i will guarantee that is up, 1.5%.

big gains for big tech. vaccine makers is monday morning, where are they, a mixed bag, nothing special, we have moderna on one scent and the rest on the upside. the airlines may get some money, i don't know which way it's going to go but they're expecting to get some money and investors inspect them to get some money. they are on the board better than 2%, big tech, truly bouncing back, look at that, major gains for all the big tex. how about uber, big game there, through the half% it was up more than that earlier. susan: up 6% premarket because they won back their license to operate in london which is the biggest european market, who were winning their appeal in a years long battle in the uk

capital, london regulators refused to renew over his license after they found widespread instances of unauthorized drivers using the app to pick up customers which is not safe. uber was able to continue operating this appeal decision in today's ruling means over get the whole 18 months license in london's taxi black cabdrivers are not happy with uber entering this market and taking away their business several protest and uber drivers being attacked, uber has three and half million riders in london and 45000 drivers so there might be room for everybody but not the type of profit taking that the black cab owners and drivers are used to. stuart: it would be great to see california reverse and give uber a boost. susan: i think we have time happening this fall. stuart: if they reverse 85, reverse that. susan: yes. stuart: i hope they do. we have amazon, look at them go up nearly 40 bucks. susan: primed is official announcing the today shopping

extravaganza on october 13 the 14th with a shift in the calendar from the typical summer prime day to october instead needs of the holiday shopping season starts earlier this year, lost your amazon pulled an estimated $7 billion in sales over 48 hours, more than black friday and cyber monday but the shift in the calendar of prime day may mean a huge fourth-quarter for amazon with prime day, holiday shopping all in the final three months of this year and also means an overhang of unsold amazon echoes with ring doorbells and it did not sell in the summer which means it needs to be discounted back to the company 100000000 100000000 - $300 million and that will put a big dent on the bottom line, record $88 billion in sales during the covid lockdown march - june and prime day is a way to keep prime membership loyalty with 150 million paying customers.

stuart: it will be a fantastic online selling season for the holiday. absolutely fantastic. susan: picked up demand, a lot of consumers looking to buy. stuart: i will be in there too. give me a brief update, i still download. susan: you can still download tiktok if you decide to, late decision last night that young users and users of tiktok to continue downloading updates and new users can still get it, gives oracle and tiktok more time to negotiate a deal it helphelps apple and google becae the stays on the app stores, no competition but a temporary victory, a lot of unknowns in beijing agree to the steel and treasury secretary manage it to okay the deal with the month of her majority ownership, i know you're excited over tiktok. stuart: the gist of the story, tiktok remains operational, you can get into it right now and use it.

susan: we will see how the election turns out how u.s. china relations in the new year. stuart: there is not two. check the ten year treasury, i think we are still the same yield as last week, yes we are, last week it was .66%, gold, that is interesting, all the way down to $1879 per ounce, it was above $2000 a couple of weeks ago. has bitcoin come down the same way, give me the quote, bitcoin. susan: 10000. stuart: let's go to oil, oil is at $40 per barrel which brings us to the price of gasoline, the average price for a gallon of regular $2.19, believe me, i was buying gas in new jersey this weekend at $1.84 a gallon, that is new jersey, the cheapest state in the nation is

mississippi where the average is $1.84. the most expensive, no contest, california which always has expensive things, $3.22. in the golden state. amy coney barrett, mother seven, that is not stopping some of the left from taking out her family, rachel has nine children, i will talk to her about attacks on the judges family. protests all across the country, still going on, is this the new norm, that is the question we are asking and you will get an answer. joe biden is on the campaign trail defending her husband and shutting down a reporter question, watch this. >> your husband has been known to make the occasional gaffe. >> you cannot even go there, after donald trump you cannot even say the word gaffe.

>> i can even say the word gaffe. >> nope. >> we might see a gaffe tomorrow night, we have one more on the most into zepeda presidential debate in human history, we got it for you coming up. ♪

stuart: i like the look of this, so will you, monday morning green across the board, the dow is up 400-point, nasdaq is above 11000, tomorrow is the big day the first presidential debate in cleveland moderated by chris wallace. the first face-off between the two candidates in this election cycle. now let's transfer to the

election, moody's says abiding when in the election will be better and best for the economy, anthony chan is with us, former chief economist at chase. moody's says a biden win in the election is the best thing for the economy, what do you say. >> i think it's more complicated than that, the reality is the market likes a known quantity or candidate and we saw the same thing with president trump for selected, the market went down and over time they saw his policies and the market went up, with regard to joe biden obviously if you increase the corporate tax rate, that will give a negative hit to corporate profit anywhere from 8.5% to 9.5%. that is not good for the market, the only saving grace if you have the senate controlled by the republicans no matter how much joe biden wants to raise corporate taxes, it will not

happen and therefore you don't get the negative hit to the market, why do some people think it's good for the economy is fighting get selected, simply because there's been a lot of promises and more fiscal spending and fiscal stimulus and anything that boost economic activity in court enter corporate profit, that is was good for the market. stuart: of our government spending does help the economy, we will see about that. hang on for one second i want to talk about the very busy week that we got here for the new ipos coming to the market, what in particular are you looking at. susan: and one will be wednesday, palantir and facebook cofounder direct listings meaning no new money being raised by investors get to sellout, this is a continuation of a banner year for ipo, more than $95 billion has been raised so far, that is close to 2014 with ali baba on record setting to edify billion dollar new york

ipo skewed the year but three months ago more companies including the airbnb wildcard were likely in the best year for listing since 2000 and also best year for day one debuts since the.com bubble with average first-aid rally of 22%, not bad 80% of the ipos have been in three buckets, healthcare, technology and the hot stocks the blank check companies the mart enter merger trends. stuart: let's go back to anthony chan, we are seeing the very strong support for the new companies and new industries, can you give me a minute on what kind of economy is going to emerge, a new economy post virus, how do you see going. >> the way that i see it, we will see romanticize asian of the company's with the cloud and stay home copies of support

online spending, although the industries have profited from the covid-19 pinto mike. by the way we will continue to profit as you see behavior starting to change. one of my favorite etf's in the technology space, i why w which is technology and that is outperforming the s&p 500 to almost 25%, you clearly see there is a real obsession with technology, usually we talk about christmas in july, this year christmas in september with snowflake, that company getting priced in at five and half times the private evaluation earlier this year, there is a complete obsession with many of the companies in your seeing it in the ipo market. stuart: you got that right, unity up 7%, snowflake up another three and half percent, j frog up 4% in a rally and a half, anthony chan on the new

economy. see you again soon. let's get back on politics, pure and simple, the last wasted no time attacking amy coney barrett and her religion, watch this. >> her catholic face to core value. >> bear a favorite of religious conservatives with a bitter battle over abortion and affordable care act. >> how do you fight that. stuart: they are also going after her as a mother of seven, look at them a raid right there, didn't democrats learn anything from kavanaugh's confirmation, we will get into that. we will be back. ♪ are you frustrated with your weight and health?

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even strengthen your core while watching tv. head to aerotrainer.com now. aerotrainer's unique design allows for over 20 exercises for a total body workout, all while maintaining safe, correct form. now it's your turn to lose weight, look great, and be healthy. get off the floor and get on the aerotrainer. go to aerotrainer.com, that's a-e-r-o-trainer.com. stuart: were starting to sound a broken record, look at big tech rallying sharply again this morning. our guest has been analyzing which candidate trump or biden would be best for the big tech stocks, mark, the meaning into managing director of rbc joins us this morning. i know it's a simplistic question but see if you can

answer it, who is best for big tech, abiding when or trump wh when. >> the collective view of the rbc tech analyst is that biden's would be slightly bearish for the sector in a series of issues, everything from skilled immigration to regulation, the china trade and technology issues in the regulation, the defining difference between the two candidates from a tech industry perspective if you're going to raise that 20% of your biden administration, what was interesting most of the other issues the differences between the campaign candidates who are relatively small. stuart: doesn't necessarily mean if biden wins it is slightly bearish for big tech, does that mean if trump wins it is bullish for big tech? >> is probably slightly positive for big tech, i think the overriding issue the corporate tax issue but that is not

specific to tech, that is general to all u.s. industries so that was the catalyst when trump won the election four years ago, what i thought was particular he interesting if you go back to the sweep of history how they would differ on big regulation that you normally would've thought a pretty sizable different that giving currently the d.o.j. and the launch investigation of the big tech and not just wants investigation but take actions to attempt to sue them successfully, that's a real delta, you would not expected that over the sweep of victory, on this big issue big tech regulation they candidates seem similar. stuart: my question in the first place was not exactly straightforward, you just don't know, you do not know who's going to win the election or control the senate and we don't know who's gonna control the

house, there are unknowns at this point and peers speculati speculation, thank you much for joining us, you had a good crack at it and it's a difficult to answer but you did all down the line, that was really cool. come and see us again. thank you. you better take a look at tesla and nikola, tesla is up and nikola is down. susan: another report in the financial times over the weekend on the executive chairman and founder trouble milton, looks like you bought the original design for the flagship that nikola one from a why should design company, why this is important it's a basis that nikola has sued tesla on the semitruck design saying that look similar to the nikola one, we know nikola has been in trouble since trevor milton has been forced out of the company an investigation started by the d.o.j. and the fcc after short sell the report and the

hindenburg research, there were fraudulent claims and administrations made by big tech company, if you look at tesla they are getting the tailwind from the executive order from california last week where they will be on all gas powered cars by 2035 according to the return with analyst half of all new cars sold will be electric. stuart: tesla has recovered. >> not 500 but that was a record high but not bad. stuart: where we last week. susan: 320 was three weeks ago the worst single selloff that the stock is overseen. stuart: young investors are pouring in. susan: is not just young it's a lot of people who are mature investors institutional investors also bite into the electric truck era, electric car era in california is making a statement to push. stuart: you are right, they are

pouring into the tesla's of this world, check the market, we are 24 minutes into the session, up across the board, solid solid gain, show me chevron the top gainer among the dow 30 up $2, nearly 3%, still to come on the show today, rnc national spokesperson liz harrington, fox news contributor rachel campos duffy and trump 2020 national press secretary. i will show you cleveland, that's where biden and trump they saw for the first time tomorrow night, steve forbes is going to join us, he says the president must dominate the narrative. we will be back. ♪ ♪

♪ ♪ . . . .

stuart: coming up on 10:00 eastern time. we have a nice solid rally this monday morning. dow up 350. nasdaq up 27. look at big tech. they're making a run again this morning. apple is up about 1%. amazon is up 1 1/2%. facebook is up 1 1/2%. the rest are foaling suit. a lot of green in big tech. they i believe are leading this monday morning market rally. and now this.

joe biden we are told will come out swinging in tomorrow night's debate. he started already. he told msnbc that the president isn't that smart. watch this. >> it is going to be difficult. i know the man. my guess is it will be straight attack. they will be mostly personal that is the only thing he knows how to do. he doesn't know how to debate the facts. he is not that smart. he doesn't know that many facts. he doesn't know that much about foreign policy doesn't know much about domestic policy. he doesn't know much about the detail. stuart: let's put aside about that comment on the approximately's intelligence. intelligence that is a personal insult. a man who can't remember the pledge of allegiance, steals somebody else's stump speech and call as woman a lying dog-faced pony soldier should not be talking about his opponent's intelligence. the combments about the foreign and domestic policy deserve more attention, because they are

nonsense. coming from a presidential candidate they suggest desperation. the president doesn't know much about foreign policy? what? it was joe biden as vice president who opposed takedown of bin laden, allowed the rise of isis. allowed syrians to gas their own people. signed on to the iranian nuke deal. he gave them a planeload of cash to spend on terror. while china stole our technology and bullied our allies he did nothing. mr. trump has reversed all of this and signed a mid-east peace deal to boot. i repeat. to suggest the president knows nothing about foreign policy is utter nonsense. and domestic policy? a president who brings back prosperity, raises living standards across the board and deals effectively with a immigration crisis is a president who knows a lot about domestic policy. if you look closely you will see a president leading this country out of the virus mess with a warp speed vaccine and a strong

open for business message. what's joe saying? a national mask mandate and a new national lockdown if a committee of scientists says okay. if you're going to attack your opponent you would better be on solid ground yourself. you better have a strong record of your own. if you attack the president on personal grounds, you better be ready for the counterpunch because you know it is going to come. the second hour of "varney & company" is about to begin. ♪. stuart: all right. look at that. top sorry in "the new york times" this morning is, trump paid no federal income tax in 10 of the last 15 years. he is a tax cheat according to "the new york times." liz harrington joins us on this she is the rnc national spokesperson. what is your take on "the new york times" story, liz?

>> how many times have they trotted this out and tried this line. president trump says this is totally inaccurate but it is very interesting to see "the new york times" after all these years say, oh, well, there was no russian connection after all. oh, by the way, president trump has been under audit which he has been saying this entire time he would release them once the irs stopped harassing him. when americans care about the most is their tax returns, what they got back of their hard-earned money, their refunds, and what they saw under president trump median household income rise over $6,000 last year. all-time high. stuart: i hate to interrupt you, liz, a lot of people will be saying gee, i paid a lot of money in tax and the president, according to "the times" paid nothing. but the point here is, "the times" will not release the documents on which their report is mentioned, is based i should say. they won't release their sources. i understand that the president

says, you're flat-out wrong. his lawyer says, look, he has paid a lot of money, millions in personal taxes. i mean a lot of -- people won't hear that side of the story, will they? >> well, request should anyone believe "the new york times" that has been lying about this president, got nobel peace prizes for a total lie about russia collusion. why should we believe them. they have been telling us for years there was some sort of connection. in fact there were wire transfers that went to hunter biden's bank account from moscow. why would anyone believe "the new york times" now. as well they're not going to release these documents because it's a crime. no one else is mentioning either. this is against the law, harassing someone's personal documents, trying to leak them. this is absolutely beyond the pale. the media has shown they will stop at nothing to try to destroy this president. meanwhile president trump is working every single day to make sure you pay less in taxes.

stuart: i'm sure you've seen this, liz, but the media is wasting no time directly attacking judge amy coney barrett's religion. i got a montage for you. watch this. >> her catholic faith a core value central to questions how she would rule on issues like abortion. barrett a favorite of religious conservatives settings up a bitter battle over abortion and affordable care act. >> mother of seven as a class mom, a very warm presentation in the public's face. how do you fight that? stuart: how do you fight? how do you fight a mother of seven appearing before you? you think we'll see another kavanaugh-style hearing? >> well, they will do so at their own peril. the left has shown there is no low that they won't stoop to. they can't attack judge barrett's credentials, her

rulings, her mind, her family. they can't attack any of this so they have to go personal. they have to go to her faith. they have to go even attacking her adopted children. it is really despicable to see what the people on the left will do. we shouldn't be surprised after what they did to judge kavanaugh, trying to destroy their good name. they're whipping up mobs outside home of yard yard and outside the home of senate judiciary committee chairman lindsey graham. the left, we'll not be deterred. stuart: we'll follow the constitution and follow through on our promises. stuart: 30 seconds, what will you be looking for in particular tomorrow night? >> he see if they find a place to lied joe biden's teleprompter. he will not have one. will not run on issues. speaking of foreign policy, three peace deals in 30 days. joe biden, only deal he ever got was for hunter biden's bank

account from the come night chinese party in moscow and the rest. stuart: we hears you, liz harrington thanks for joining us. >> you bet. stuart: programing note catch special coverage of tomorrow's debate right here on fox business. our coverage starts 8:00 p.m. the debate starts at 9:00 eastern. it is moderated by fox news's chris wallace. a ratings bonanza. do you think we'll get 100 million viewers. susan: last time around the first debate between hillary clinton and president trump was4 million across all networks and platforms. there is a lot of anticipation this time around. stuart: need you to talk about the latest stimulus plan. i may have been remiss in saying it is not going to happen but they're talking about it. susan: chances are low but nancy pelosi says the democrats will make a new offer. treasury secretary steve mnuchin 2.22 trillion, 2.4 trillion. they have come down one

trillion. president trump will only come up to 1 1/2 trillion. democrats want to push this through, that a vote might take place. they want to s show americans tt democrats are doing something. it may be dead on arrival at the supreme court nomination case. that is probably taking more importance and precedent. democrats want a coronavirus relief package, funding for airlines, restaurants and more pp. which might be helping the stock market. stuart: could be because we've got a rally going on, susan. i want to bring in steve forbes, "forbes" editor in chief. i'm inclined to start with something a little off base, if you don't mind, steve. >> good. stuart: i know you don't mind. this bond billionaire, jeffrey gundlach, he says he might leave california. he tweeted this, elon musk, joe rogan, ben shapiro, name a few, leaving california because of

competence. wealth mastiff tax increases on job creators. should i align with three smart guys or sacramento. hmmm? stuart: i'm starting off on a curveball here, steve that stood out to me. the rich are leaving california. what do you make of this? >> well it is not just the rich. people, middle income people, higher middle income people are leaving the because they see no opportunity. hostile business environment, tax environment, regulatory environment, imagine toyota, based in japan, natural to have the headquarters in the u.s., they moved to texas a few years ago a billionaire in new jersey to move to florida. what was reaction of new jersey politicians, he didn't move because of our outrageous taxes but to be closer to his mother this will get a comeuppance in state elections as people real highs people and capital go where they're welcome. people and capital stay where they're well-treated.

truism in the past. it is true today and in the future. so the states and it is no coincidence, stuart, you're starting to see real diverge answer answer of blue state economies. florida has more people with new york with half the budget. hello. stuart: florida has just opened up, i think, virtually completely. indiana has relaxed all kinds of restrictions. so i take your point about this blue state, red state divide. i think the virus has escalated trends which were already in place. and the movement of people out of high tax towards low tax is something really been speeded up by this, by the virus. while we've got you here i just want to ask you about this. we've got moody's saying that a biden win is better for the

economy. take it in pieces, please, steve. >> [laughter]. i don't know what bubble or planet they're on or what kool-aid they're drinking this weekend whenever they made that statement. a 40% capital gains, stuart, we haven't seen that since the 1970s, a miserable decade staffing nation, economic stagnation and inflation. raising income taxes, raising regulations. that is just a recipe, especially for an economy trying to recover from this covid crisis. that is a recipe for a disaster. you will see stagnation. you will see inflation. remember that word stagflation from the 1970s. that is going to come back again. so i don't know what planet moody's is on. maybe they don't think joe biden won't do anything. the fact of the matter he is controlled by the left-wing of his party. they have a real sharp agenda. i think amazing the markets held up as well as they have given the possibility that the democrats might win the senate, might win the white house and, that would be just bad news. sell. stuart: i got it, steve.

steve forbes there, still holding out in new york. thank you for joining us, steve. we will see you again real soon. thank you. >> thank you, stuart. stuart: you got to see this. joe biden shutting down a question about joe biden's gaffs. watch it again. >> your husband has been known to make the occasional gaffe. >> you can't even go there. after donald trump you cannot go even say the word gaffe. >> i can't say the word? stuart: all right. jill biden insists her husband is ready to debate the president tomorrow night. we'll see for ourselves tomorrow night. minneapolis officials walking back their pledge to defund the police. that is interesting. has this got to do with the recent crime spike in that city? it surely is. plus, what's happening with trump's border wall? has the flow of illegals seriously dropped? good question. i'm asking former i.c.e. director tom homan. he is on the show next.

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stuart: the rally holds. actually it is increasing. look at that the dow is now up 450 points. nasdaq is up 160. i am going to call that a rally and i think i'm on solid ground. how about the airlines any think they're up today. yeah they are, big time. susan, this has got to be because they expect to get some government money. susan: they're hoping for more stimulus after getting $25 billion from the government initially.

meantime american airlines is getting five 1/2 billion dollar airline loan from the u.s. treasury. delta and southwest they opted out of taking government's money this makes american actually the first major u.s. airline to tap the loans in the two trillion dollar cares act. this means that the u.s. treasury could possibly take a stake in the airline in the future this is part of the warrants deal, right? congress as we know is debating whether to extend payroll aid, more airline stimulus to avoid tens of thousands employee layoffs. delta and united tapped private markets. stuart: this does not have anything to do with getting back to flying normal next few years. this is about getting money from the government? susan: biggest rally in european side. things are getting better. money flowing from stimulus everywhere. stuart: one more for you,

hawaiian airlines joining united offer being covid testing. >> october 15th, hawaiian airlines heading to the aloha state you can get drive-in testing at lax. testing within three days of departure you will not be required to follow hawaii's 14 day quarantine when you get there. hawaii is section behind united airlines offering covid tests from san francisco to hawaii. offering tests to flyers and passengers for a fee. stuart: if you get rid of the quarantine problem -- susan: more travel. stuart: travel to a place like hawaii. susan: that helps the airline stocks. stuart: look at them go, hawaiian airlines up 3 1/2%. let's get the latest on immigration. this was a promise by president trump back in the day, let's build a wall. tom homan with us, former acting i.c.e. director. give me the big picture, tom, has the flow of illegals really, really come down? >> absolutely.

it is unprecedented. if you look at, compare the last few months to last year it is down, stuart, anywhere from 41% to 84%. this is unprecedented success when he had to fight congress every step of the way. they fought him. the courts fought him. president trump made historic agreements with mexico, central america. remain in mexico program. he invoked federal 42 for the covid. 84% decline in illegal immigration. the flipside, 31% of women are not being raped making that journey. children are not dying making the journey. cartels ain't making millions of dollars a day smuggling illegal aliens. this president kept that promise. we need to make sure he stays in office to finish the job he promised to do. stuart: i hope that comes out in tomorrow night's debate. that is very important success for our president. turn to the violent protests going on across the country. keeps on and on. tom, do you think this is

beginning to feel like and look like normal, the new normal, that we have to live with it? >> no. i don't think it will be the new normal. i think it will continue until the election. i think those who are planning this, coordinating it, fbi will get to the bottom of this. there are, people are planning this and coordinating this across the country. i think the american people are getting sick and tired of it. i think it is going to backfire on them. people will show up to vote for the president trump on election day because there may be out there protesting, i told the president two weeks ago when we talked about it, there may be thousands out there protesting but millions of people sitting at home are sick and tired of democratic mayors and governors, letting chaos happen in their cities for political end. stuart: did you know -- >> walked away from law enforcement which is sickening all together. the finest men and women in this country who strap their gun at their hip every day to protect

people that they don't know, that despise them, vilify them, the american people are fed up with it. stuart: the debate is in cleveland tomorrow night. downtown cleveland businesses are already boarding things up? is this par are to the course, wherever the president is, whatever he appears, whatever is going on you have to board it up because there will be a riot? it is pathetic. >> this is sad. this is not the america i grew up in. president trump wants that america. he will work hard for it. we have law and order president, president trump. joe biden, who didn't say a word about the violence for months until he seen it was hurting his polling. all of sudden he came out and said something. so he came out for the wrong reasons. president trump has been against this from the beginning. he offered federal assistance. that federal assistance where it was accepted it was resulted in decline. let the cops do their job. support police officers who are trained to deal with this. more crime, we should be answered by more enforcement. consequence and deterrents would drive this down.

our president trump believes in that. stuart: tom homan, thanks for joining us. see you soon. >> thanks for having me. stuart: looks like some city council members in minneapolis might be regretting their calls to defund the police. lauren, come in, tell us what is happening. lauren: be careful what you wish for, i guess. some members of that city council that backed the city's pledge to defund the police, this is three months ago in the wake of the george floyd killing they're now backtracking. one said the words were in spirit not letter. that according to "the new york times." you know, quiet retreat underlines how difficult radical change, structural change really is when it meets a, the legislative process, but also the issue, public opinion. defunding the police has become a thorn in the side of joe biden. it has bolstered the law and order message of president trump. if you look at the numbers, in june, the city council voted to defund the minneapolis city

police. it is now september. in that three month span there have been 2221 instances of violent crime, up more than 80% from the same three months in 2019, stuart. stuart: good lord. those numbers tell the story, do they not? lauren, thank you very much indeed. market check shows you that the dow is up 500 points. 1.8%. back to 27,000, 670. solid gain for the nasdaq. up 173 points. big tech doing very, very well this morning. up 1.5%. that is the nasdaq. s&p, a broader based index, 500 stocks go into it. that is up 1.6%. so this monday morning we've got across the board rally, virtually all sectors of the market on the upside especially big tech. trump's supreme court pick, amy coney barrett, talking about her role as a mom duping her nomination process. watch this.

>> while i am a judge, i'm better known back home as a room parent, carpool driver and birthday party planner. stuart: she is a mother of seven and under attack because of it. rachel campos duffy is with us. she is a working mother of nine children. you can bet she is fired up about this. she is on the show next hour. first, florida, opening for business. indiana doing the same. we'll take you there live coming up. more "varney" after this. that's what my dad does. good job, michael! ok, lindsey now tell the class what your mommy does... my mom has super powers. it's like she can see the future. what?!

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but i think i've been 'round long enough to know what's what. i'm proud to be part of aag, i trust 'em, i think you can too. trust aag for the best reverse mortgage solutions. call now so you can... retire better stuart: don't you love it? look at that! we're up 505 points for the dow. up 166 for the nasdaq. i pronounce this to be a monday morning rally. now with bated breath we ask susan to give us the latest on the tiktok ban. oh, lord. susan: tough audience here. we're likely to get questions on u.s.-china tensions during tuesday night's debates. tiktok is the crescendo of the world's mistrust between two superpowers, would you stop it. i'm trying to explain a very important corporate story. tiktok gets an 11th hour

reprieve by the federal judge. this allows updates and google and apple app stores. good for the two companies. this gives oracle and tiktok more time to get a deal. stuart: as of the story, you can still download the tiktok? susan: broader picture, this will get a lot of noise and questions during tuesday night's presidential debate. stuart: i'm not trying to downplay the tiktok story because i think you're absolutely right. the big deal is, what does china do to us because of what we've done to them and tiktok? what is the retaliation? susan: how does trump, two policies in dealing with china. stuart: that's a good point too. susan: there you go. stuart: i take it all back. i was gripped by that report about tiktok. we have update. we are up 477 now. we have the nasdaq up 156. okay, ashley is with us.

what has ashley got for us? what have you got, ash? have you got something? ashley: waiting for the manufacturing number on the dallas fed. i know you're on the edge of your seat about that one. we still don't have the numbers yet. we are indeed waiting. stuart: that is difficulty following prompter. it says ashley has got something on manufacturing? now he has got it. what have you got, ash, on manufacturing? what have you got? ashley: no one told me anything. i got it nothing. 15.6. they told me a little bit late. 15.6, which is pretty good. almost double what it was in august. it basically measures manufacturing activity in the dallas area. not a huge impact on the market but it's a important little nugget if you like what the economy is doing. that is a pretty good number for the dallas manufacturing. stuart: 13.6 is a strong number and i noticed the dow gone up just a couple of points on that. stephen moore is with us,

freedom works economist kind of guy. stephen, we got the number, 13.6, give me the big picture for a second. what does that tell us about the overall economic recovery which we are now in? >> well, we've got that v-shaped recovery. that is what it's telling you, stuart. it is amazing. day after day these numbers keep rolling in so positive. there is going to be an october surprise that trump is going to get a couple weeks before the election that will show that the third quarter gdp is going to be close to 30% growth. it is fueled by these numbers that ashley was just reporting on manufacturing. the housing numbers are good. industrial production is good, the housing. it is almost across the board and, almost have to watch the stuart varney show to get this stuff. the rest of the media isn't reporting any of this, stuart. it is the most amazing thing. you would think we're in the midst of a great depression right now.

these numbers are quite positive. shame on the media for not giving people real information what is going on with industrial production, with gdp growth, with the record low unemployment rate. stuart, how long have you known me a long, long time. i'm a big optimist. i never expected anything like this in the last four months. stuart: i think it can get better. florida just lifted covid restrictions on businesses. so has indiana. that has to be good for the national economy. two big population states, getting back to work, getting back to business. that has got to help the overall economy, surely. >> you better believe it. the virus is basically gone through the south now. it is basically gone out of arizona. it is gone out of texas. it is gone out of tennessee. it is gone out of florida. by the way i want to salute ron desantis, the great, great, great governor of florida who probably handled the coronavirus as well as any governor in america. maybe there is a couple of others who might compete with him for that title.

i guarranty you andrew cuomo is not one of them, stuart. cuomo could learn a lot for the way florida handled this. that means businesses are opening up. you're seeing more activity with respect -- by the way how about numbers came out over the weekend about business startups, stuart. those were amazing. stuart: i missed that. i took weekend off from the news. tell me. >> i will get these numbers for you, but the number of new startups was like up 10%, more than it was this time last year. you know, this is the vitality of the free enterprise system. we have had a tough first six months of this year. and now businesses are coming back. they're starting to rebuild. you're seeing all sorts of areas, whether it's technology, whether it manufacturing, even retail is coming back slowly but surely. so these numbers are -- [inaudible] stuart: the shot froze. it happens when you do live tv on remotes.

we get you steve, but steve was in full flight about the number of new startup businesses up 10% in the recent period compared to last year. that is a very strong indicator of economic vitality which we don't hear about very often. i shouldn't have taken the weekend off from news. he is back, he is back, he is back. steve. steve, i have only 20 seconds lefter but repeat that about this third quarter. are you serious? we're going to be up 30%, growth rate of 30% compared to the second quarter? say it again! >> stuart, those are federal reserve bank of atlanta gdp numbers. up roughly 30%. they're always within 10%. we'll be somewhere between 25 and 35%. i want to do your show when those numbers are officially released. because that will be a really, really big number coming a week or two, before the election. stuart: consider yourself booked, okay? that is a long-range booking. we don't do it very often, but you sir, are booked.

>> want you to say, steve moore, you were right! stuart: okay. only time will tell. thanks very much, steve moore. see you again real soon. nasdaq winners, left-hand side. biogen up 12%. i have a shot of a real estate company, cushman wakefield. we're putting that up on the screen because when i walk around and i see boarded up buildings, boarded up retail operations, offices that are empty, i got to believe that commercial rents are coming way, way down. i don't know why cushman & wakefield is up 3%. lauren, tell me more about rents, office rents. lauren: rents are coming down because buildings are becoming vacant. if you look at vacant office buildings how long is that going to be a fixture of the real estate market and cushman & wakefield says four more years. yeah, that's bad news, but, the coronavirus will cost us 215 million square feet of office rental space but the good

news is, not only do we come out of this in the year 2025, we do return to normal. look at that. basically replacing the growth that we had in the fourth quarter of 2009. so what we know from the virus thus far the work from home trend is here to stay. changed how we work, where we work. but when we do return to normal, we'll need more space and hybrid arrangements. they will come in on different days but need more space. cushman says the office rental market will go back to normal in 2025. stuart: they're desperate to look on the bright side because of social distancing we'll need more space. we come back to normal five years from now. my good me. lauren: we're seeing more ipos, more startups like steve moore said. there are more companies coming around. not everyone will want to work from home forever. i certainly do not. stuart: i'm a skeptic. thank you very much, lauren. president trump calling out

the media for downplaying a bombshell report about joe biden's son hunter and his involvement in russia. watch this. president trump: if we had a media that was fair, even just reasonable, this would be the biggest story for years and years and years. then you would really be entitled to real pulitzer prizes not the fake committee that gives you these fake awards. stuart: call having a go at the media by the way. what are odds hunter will come up in the debate tomorrow night? i think it will. jill biden shutting down cnn's jake tapper after he questioned her husband's gaffs. you will hear what she had is a to say again after this. ♪.

♪. >> now we have over 120 million dead from covid. probably anywhere from 10 to 15% of the people out there just not very good people. you were a quartermaster you sure as hell take care of run pack department store thing, you know, second floor of the lady's department. it is estimated that 200 million people have died, probably by the time i finish this talk. stuart: let's call that a gaff selection from joe biden. bring in ashley because his wife jill is coming to his defense. tell me more, ash. ashley: yes, joe biden's wife jill, not mine. this is fascinating because joe biden's wife jill shut down a question from cnn's jake tapper about any gaffe her husband may have made or may make. take a listen. >> your husband has been known to make the occasional gaffe.

>> oh, you can even go there. you can't, after donald trump you cannot not even say the word gaffe. >> i can't say the word gaffe? >> nope, nope. done. it's gone. >> the governor issue is over? >> over. so over. ashley: apparently you can ask joe biden anything, just not about the gaffs. when asked about tuesday's big debate mrs. biden said that the american people will indeed see somehow her husband who is calm, steady, strong and resilient. but maybe not without the wife on the stage with him. we'll have to see. president trump questioned mr. biden's mental sharpness. suggesting he may be suffering prodementia. apparently mainstream media is not allowed to question about the gaffs. we'll see tomorrow night. i can't wait. stuart: i'm debating staying up

watching it, not watching reruns at 2:00 the next morning. thanks, ashley. next case is google. they will start blocking political ads along with facebook. what is this about, lauren? lauren: some states will be counting ballots until the end of november. we have google, the biggest on-line advertising company in the u.s. as well as facebook, saying they will block all political ads on all of their sites one week after the election. what they want to do, they want to prevent premature victory claims and repercussions of civil unrest that could come with that. 20 states, including swing states, north carolina, pennsylvania, michigan, they're allowing ballots to be mailed after election day, which is november 3rd. they want to make sure they contain anything that could happen by someone, foreign actor declaring a victory prematurely. stuart: lauren, got it.

thank you. supreme court nominee amy coney barrett labeled a white colonizer by a boston university professor. judge barrett is the mother of seven, two of whom are adopted from haiti. now she is under attack for that. we'll talk about it. we have new video of college students disapproving of trump's scotus pick before even announced who it was. you will see it. you will hear it. right here next. ♪ so you're a small business,

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stuart: this is not the high of the day but we're still doing very well. the dow is up 440. it had been up about 510. the nasdaq is up 134. that is a monday morning rally. let's get back to judge amy coney barrett. we have new video of college students tearing into her before she was even nominated. roll tape. >> ruth bader ginsburg passed away the other day obviously leaving a vacancy on the supreme court. trump announced who he will choose as replacement. what is your initial reaction to his pick. >> it is scary. it is scary. it is scary and definitely unsettling especially as a woman

who hear that. >> it was jim cotton, something like that? >> it is definitely possible and i would say possibly likely he will continue to uphold racist power structures. stuart: okay. cabot phillips is with us, campus reform editor-in-chief. look, why are they so opposed to this judge, just like that? why so opposed? >> i like to point out they didn't even know who they were opposed to. the reporter asked people what do you think of the pick t hadn't been made yet. it was fictitious nominee. they were already saying it is the worst thing ever. what they're hearing every day in class. they're not told make up your mind for yourselves. here are the big players in d.c. form your own opinions. would be education. they're getting indoctrination. it doesn't matter who trump will pick for scotus. you will have to oppose him coming from trump. doesn't matter who the nominee will be will be a racist, bigot. in amy coney barrett religious

dogmatic extremist catholic, what that means. students are left unable to think critically. they're told this is what you make your mind up. doesn't matter what you have your opinions are. they're put in a position before the decision has even been made. stuart: i'm sure he did lots of interviews. i'm sure you he had ited down to small group of interviews where people didn't really know much what we were talking about. did you find anybody that said it will be a great pick, trump, great pick, anybody? >> no. no. anytime we do videos like there we're not editing out students not giving answers we want. it is a universal response across the board. this is the reaction, reality, what is going on on college campuses. it is interesting how the left came out against coney barrett. after the kavanaugh debacle they will not give a fair shake to any conserve leaning justice. how they are attacking her. similar to attacks on college campuses. modern day left are taking cues

from social justice left on campus. on campus you're attacked if you're a deeply religious person. jewish students were kicked out of student governments for being crazy zionists. conservative students and conservative clubs were barred from the university group listing because they hold traditional christian beliefs. that is the attack on amy coney barrett. in all her years as service the biggest crime she is dogmatic catholic and holds views. when your entire movement is based on communism, the two don't exist in the left's mind. we're seeing attacks. make no mistake this is something going for year on campus. it is now bleeding out. stuart: going on for generations. you're right, it is now bleeding out. cabot, thanks for joining us. see you again young man. check that market. we're holding on to a nice solid gain. up 400 for the dow. 120 for the nasdaq. show me spotify and snapchat

please. spotify is down. snapchat is up. didn't they both get an upgrade? susan: sectorwide up grades from guggenheim. they're raising prices on facebook, alphabet, roku, snap and spotify. twitter upgrade. spotify neutral from sell. raising rating from snap to buy from neutral which i found interesting. guggenheim says there is sustainable strength. they expect investors to drive shares of internet companies higher as you underestimated the long-term ad market potential and underappreciated the sustained revenue and profit potential for these internet groups. stuart: they got an upgrade across the whole industry? susan: look how they're performing today. spotify would be an underperformer. snap, facebook, apple, the big five are doing very well. stuart: they sure are. thank you very much, susan. netflix, let me look at that please.

speculation that harry and megan will be shooting their own reality show as part of, i guess they have got a big new deal. susan: 150 million-dollar deal with netflix there were reports that megan and prince harry were set to start in a reality series for netflix where cameras follow them around three months. the company released a statement saying it is not true but they are working on a docuseries as well as animated series part of a multiyear deal. netflix spending on content has ballooned over the years, skyrocketing to $14 billion last year. i was looking at streaming spend per paying customer. it is up to $81 in 2018. it was only $36 back in 2011. stuart: oh. susan: you have to spend a lot to keep eyeballs and get new eyeballs with pending competition from disney plus. as an investor you should have concern about debt and thin margins netflix is producing because they're spending so much to pay the likes of prince harry

and megan. stuart: do you think a reality show based on harry or megan will draw eyeballs? susan: not a nature docuseries, speaking foremyself watching an animated series. they're unproven producer talent as well. that is -- stuart: is a dodge. are you kept al or what? susan: no, it is not. i'm looking at the spend. i'm concerned if i was an investor i would be concerned about the spending. stuart: we hear you. big show coming up. charles payne talking about the market. it's a nice rally. trump 2020 guy, hogan gidley is here. we're asking him about "the new york times" report on president trump's taxes. joe con that joins us. he will take us through the big names tearing through supreme court nominee amy coney barrett. my take on the democrats making very personal attacks on the judge. i think it is disgraceful. my take on that is next.

♪.

>> a vote for amy coney barrett is a vote to decimate the health care that so many americans need. i will not meet with her. >> the nastiness simply won't work with judge barrett. i think they can slow it down, but they're just postponing the inevitable. >> why do you think people think that it's good for the economy if biden gets elected? simply because there's been a

lot of promises, there'll be more fiscal spending or fiscal stimulus, and anything that boosts economic activity boosts corporate profits, and that's always good for the markets. >> the big defining difference between the two candidates is the corporate tax rate. >> you're starting to see real divergence in the performance of blue state economies and red state economies. hope, optimism, profit and enthusiasm. i'm back to the races this week. >> there's going to be an october surprise that trump is going to get a couple weeks before the election that's going to show that the third quarter gdp is going to be close to 30% growth. stuart: all right. there you have it. 30% growth. did you hear that? [laughter] we'll take that, stephen moore. we will definitely take that. let's see if it happens. all right. we're just one minute past 11 here in new york city, which you are looking at on your screen right now. rather empty, however. but we've got a rally. let's kick it off, the third

hour just getting going here. yeah, it is a rally, and it's holding. dow's up 440, nasdaq's up 128, and we've got a 1.3% gain for the s&p 500. read it, sports fans, because you'll like it. lots of green this monday morning. now this: as judge kavanaugh's life was being destroyed, he told the democrats the supreme court hearings were a national disgrace. he said it and he was right. will the democrat cans repeat their disgraceful performance with judge amy coney barrett? they say they won't, but i think they hate all things trump so much, they can't resist the temptation. they seem to have a real need to show their fury in public. it's started already. the now-famous sound bite from senator feinstein just won't go away. the dogma lives loudly within you, she said. that's what she said when questioning judge barrett in 2017. dogma is code for catholicism.

the senator was implying that judge barrett's relugs would dictate -- religion would dictate her legal views. it was an attack on people of faith. this is not secular europe, this is america. different kettle of fish. watch out, democrats. and then there's judge barrett's family which includes two youngsters adopted from haiti. a professor at boston university called the judge a racist and a white colonizer who's using those children as props. a democrat activist questioned the he jutte massey of the adoptions -- he jutte massey of the adoptions. more were legit, he tweeted, others were sketchy as hell. that's the best you've got? you're really going after a woman who has given a home and love to black youngsters in that is beneath con them. if these people try to destroy the life of a successful mother of seven, a religious woman with a multiracial family, then they have no sense of decency. it's a losing strategy just like it was with justice kavanaugh.

the question is, can they keep their hatred bottled up? they've kept it, they've kept up their hate trump message for nearly four years. no reason to think that they can keep quiet now. what a mistake they will make. rachel campos duffy is with us, she is the mother of nine. all right, rachel, you are ideally suited to go at this. what do you make of these attacks on the judge? >> well, it's interesting when they go after her family as being so large. people forget that scalia had nine children, and we never heard anything about that. but, of course, these are the kind of i attacks, ironically, that are being led by the left, the so-called femme just movement -- feminist movement. and i think really what it comes down to, yes, it's trump hate, stuart, but aabortion is a big, huge matter for them, and i think what it really does is expose the fact that, you know, the left is not really -- the feminists are not really a women's movement, they're an abortion movement that

masquerades as a women's movement, and you just have to scratch the service to know a lot -- surface to know a lot has to deal with their fear of amy conemy barrett. but i think it puts the democrats in a huge pickle, because i think they're going to put her on the stand, and she's very likable. i think she'll be and very relatable, and she. >> looks a lot like the suburban moms that democrats need to win over in order to win this election. so i think it's going to be complicated for them. stuart: i think it is. i just -- well, quick judgment here, rachel. do you think that they can contain when the judiciary committee starts questioning with, do you think the democrats can contain their rage and anger, or do you think it'll spill out? >> it's likely to spill out, but they also have to make another calculation. do they want to spend the next 30 days talking about amy coney barrett which has a lot of traps for them electorally, or do they

want to just -- because they know it's going to happen anyway, her confirmation -- should they just then focus on turn trump. that's the decision i think they're making on the democrat side. but i think you're right, i think it's very tempting because she represents, in being are a religious woman, in being so brilliant, she's basically a repiewd use of everything they said couldn't happen. stuart: rachel, you're in wisconsin, you're from wisconsin, and we've got a real clear politics average of polls that shows biden is 7 points ahead of president trump. >> yeah. stuart: what's going on here? are those -- do you think those polls are inaccurate? because there's a huge gap between the two. >> yeah. i don't believe those polls. i think it's about a 50/50 race right now. i live in the rural part of wisconsin. this is trump country. the enthusiasm for trump is through the roof.

stuart, it's much higher than anything i saw in 2016. and you know i came on your show and predicted that donald trump would win wisconsin. this enthusiasm is through the roof. i've never seen anything like it. that said, you know, you have dane county, which is very liberal, and you have milwaukee, and again you have the suburban women, these are sort of bush kind of republicans in the suburbs of milwaukee. they're not big fans of trump, so that's -- we're going to see does the rural vote compensate for the hate in madison and milwaukee, and what does that crucial suburban swing vote in the suburbs of milwaukee do. are they going to, because of kenosha and some of the protests or maybe even these coming attacks on amy coney barrett, do they punish the democrats and vote for trump, or does trump the i say something or tweet

something that ticks them off and they go for biden. that that's going to be something to look for. stuart: it certainly is. rachel campos duffy. >> anytime, stuart. stuart: take a look at that market, it is a monday morning rally, nice and strong still as we're going into the 97th minute of business. charles payne's with us, he's the host of "making money with charles payne "on this network. okay, let's talk about this. we're one day from the first presidential debate. in my opinion, a mistake, a huge mistake on either side would move the market. what say you? >> it could definitely have an impact on the market, but there are going to be three debates and a lot of other stuff between now and the election, so it would have to be, i would guess, a huge mistake. listen, the bar is so low right now for vice president biden, i'm not sure that the media would say anything that he did was a mistake. you know? if on the flip side of this, you

know, i feel like the headline's already written, and they haven't had the debate yet, on o be honest with you. i think the media would circle the wagons if biden had a real bad debate, and if trump didn't have a good one, they would say he's doomed. the market's pretty smart, it would have to be something really shocking. i'm not saying it wouldn't sway the market, but i don't think it would knock it off course that much. stuart: we've got a nice, solid rally, what is the primary driving force behind the rally today? >> i go back to last week, and i go back to wednesday when the cdc came out with their survival rates for covid-19. 0-19 years old, 99.9%. up to 49, 50-69, 99.5%. 70, 94.6%. that was the low. wednesday was the low session of the week, when these numbers came out. then we go to friday.

when florida opened at 12:30ish, the market was already up, but it took off like a rocket. remember, we started friday with an upgrade of the cruise lines by barclays, so the roping trade came back online bugtime, already -- bigtime, already inspired by the fact that these survival rates are pretty high, and they rarely get any kind of mention. nancy pelosi, all of a sudden, is sounding a little bit more accommodative when it comes to fiscal stimulus. there were some comments made on friday, more made over the weekend on c or nn, i think she's under tremendous pressure to get something done, something reasonable. so we've got a little butt of things helping out this market. by the way though, stuart, investors are going for the stocks beaten up the most, your top three winners are down an average of 60% for the year. stuart: whoa. i liked that bit about the survival rates, because nobody else picked up on that, but i think you're absolutely right, you know,, opening up the country. >> yeah. stuart: charles -- >> open the country, and the

economy will come roaring back. stuart: yes. we hear you, lad, we do hard you. 2:00 this afternoon, "making money with charles payne" on this network. thank you, charles. president trump slams the media for skipping over hunter biden's scandals. roll tape. >> we had a media that was fair, even just reasonable are, this would be the biggest story for years and years and years. stuart: i think he's right. i've got a feeling that it's going to be a big story tomorrow night on the debate stage. and speaking of that debate, there will be no handshakes, teleprompters, no spin room either. how does that affect the candidates, especially joe biden? we'll deal with it next. ♪ ♪

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stuart: "the new york times" has publisa report on president trump's taxes. they say the president paid only $750 in 2017 and paid no income taxes in 10 of the 15 years through 2015. ohio began buttedly's with us -- hogan gidley's with us, national trump press secretary. your response to the times' article. >> one of the most overused words this entire presidency -- stuart: i agree. >> -- is the world bombshell. what year am i in? we have nancy pelosi talking about impeachment, adam schiff talking about russia, and what do you know, "the new york times" talking about taxes. this was litigated in 2016. the president put out more than 100 pages of documents regarding

his taxes. this story is fake, the attorney at the trump organization said so. he's paid tens of millions of dollars in taxes. the trump organization folks weren't allowed to look at these documents, verify these documents. they tried to explain this to the new york times. it appears as though this is another hut job in a long lewin of hit jobs, and it's very cure use, dud you notice, joe biden already had lapel buttons for his supporters out there talking about the story. so the whole thing is a hoax, it's a scam, we're moving forward with the debate and prepared for a win in november. stuart: hogan, hold on for a second, president trump speaking on the south lawn of the white house. he's looking at the 2021 endurance truck, it's an electric truck made in lordstown. i think we can listen in for a second. [inaudible conversations]

stuart: we usually go to the president when saying something. regreat by this time, he was simply look at the truck from lordstown, ohio. let's go back to hogan gidley. no teleprompter tomorrow night, no spin room. now, does that give an edge to either side, do you think? >> well, i think the only edge here as it relates to the politics of this is for joe biden for a couple of reasons. one is he's been doing this now for 50 years. 38 debates over his career, 11 in this cycle alone are, besting 20 plus candidates on the democrat side to come out, emerge as the democrat nominee and a media that, regardless of what joe biden says, will absolutely declare him the winner. but as far as advantages go for the american people, it's this president's policies that have made their lives better. they've been advantaged regardless of race, religion,

color or creed by what donald trump has done to lower taxes, to get rudd of regulations -- get rudd of regulations, to make employment numbers soar in this country, more jobs than there were people to fill them, manufacturing plants coming back to this country like we've never seen before. so the advantage as it relates to results is a four-year career of success goes with donald trump, and the 47-year career of failure lies solely with joe biden. stuart: i think the president has to be a little careful, i mean, joe biden is -- i don't know how to put this, he's elderly, he's almost 78 years old. if the president comes on too strong and really kind of beats him up linguistically, i mean, you could get the sympathy going for the elderly joe biden. i think the president has to be kind of careful here? >> well, the american people want a leader who can lead, who can take on the tough challenges that we face across this country and across the world.

you have to be strong in moments of turmoil whether it's kim jong un, whether it's coming up with a trade deal for the united states with japan after china ducks their obligations and then go back to china and make the trade deal for the american people that actually works, renegotiating nafta, that takes toughness. but the president understands that the forgotten men and women of this country have been left behind for decades. joe biden doesn't get that. so regard areless how strong the he comes out, regardless how weak he comes out, the american people have suffered with joe biden's policies. but as i said, the media is going to cover for him regardless of the performance, and as you just said, the sympathy out there, whether that exists or not, whatever lane the media can take joe biden into to make it appear as though he won, that's where they'll take it because they have a vested interest in seeing the man, joe biden, be president who's embraced all of their radical policies that would remake this country in the image of

socialism. stuart: i believe you're in cleveland right now, actually, getting prepared for this debate. are you aware that downtown cleveland they've already started to board up buildings? i mean, that's a bad omen, if ever i saw one. >> it's a really sad thing. and, you know, it's funny about -- the funny thing about peaceful protests, they end peacefully. we just saw a march called the return on the mall this weekend, no one boarded up any buildings. we saw the march for life, we see it every single year. no one boards up any buildings. these joe biden supporters have taken over so many cities, caused so much death, destruction, chaos in our streets, they need to be held to account for it and, hopefully, tomorrow night on that debate stage joe biden gets pressed about i why his supporters are out there, because he won't call out antifa by name, blm by name, he won't call out the abolish or the defund police movement by name either because he nose they're all of his supporters -- he knows they're all of his supporters. stuart: got it.

i know you're in cleveland, we'll talk to you again tomorrow probably. thanks for joining us, hogan. appreciate it. >> thanks so much. stuart: left-hand side of your screen, that is the prime minister on the south lawn of -- the president on the south lawn of the white house. he's looking at an electric truck. oh, let's listen in. you can hear him now. >> having the motors in each wheel, having motors in each wheel and they're very well coordinated, and you can work them individually or whatever is necessary by computer. it's an incredible concept. i think it's an incredible concept. congressman, would you like to say something? >> i just appreciate the president's support for ohio and manufacturing. this, obviously, is an accomplishment as a result of ohio's rebirth under the trump economy, and we appreciate his work as we look to lordstown and ohio, this is a great, good step for the future. >> thank you. >> thank you, sir. this didn't happen by accident. this is a great partnership. when gm shut down that cruze plant, that was a devastating blow to the mahoney valley.

the president sprung into action, senator portman sprung into action, we started working with gm, and gm took an equity partnership in this to make it happen as well as generously gained on some of the footprint inside lordstown. the beauty of it too is that right outside the footprint of lordstown plant is also this lg battery. so we're going to have more employees there than when they shut down the cruze plant very soon, and over time it's going to be great. so this was a great partnership with the president's leadership and everybody really pulled in. >> the area was devastated when general motors moved out, and then we worked together and made the deal on the plant. but beyond the plant, i mean, it's incredible what's happened to the area. it's booming now. it's absolutely booming and really great. and you also have room for expansion. >> oh, yeah. we'll come out with multiple models. this is just our first model.

>> that's good. so they'll have over 100,000 a year, and i heard the sales are great. but the concept i've heard about for years, i never knew anyone was doing it. it's so exciting. >> yeah. it's been a dream for a while. >> congratulations. congratulations. anybody else? stuart: all right. there's the president, south lawn of the white house, looking at an electric truck made by the ford motor company in lordstown, ohio. i was fascinated to hear that each wheel has it own motor, computer-controlled. so i think that's just extraordinary. >> yeah. general motors, this endurance truck was set to debut at the detroit motor show -- stuart: oh, it's a gm truck. >> yeah. stuart: i'm sorry. >> that's okay. they wanted to show it off because the detroit motor show canceled this year, as you know, because of covid. stuart: and there you have an electric truck from general motors. >> yes. stuart: he hurries to correct himself. thanks very much. let's see. we're counting down to tomorrow

night's debate. will joe biden make any kind of gaffe? [laughter] we're going to speculate, okay? supreme court nominee judge barrett could be confirmed in just a matter of weeks. watch this. >> we'll start on the 12th of october, and on the 15th we'll begin the markup. we'll hold it over for a week, then we'll report her nomination out of the committee on october 22nd. stuart: all right. if she were confirmed, and i think she will be, what effect would that have on business? again, we'll deal with that in just a moment. ♪ ♪

♪ ♪

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the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo stuart: all right. the rally holds, yes, indeed, it does. the dow's up 450, the nasdaq's up 150. that is a rally. i'm going to put two stocks up on the screen which have just been in the news, workhorse -- look at that, it's up 10% -- general motors up 2%. >> well,ing we just looked at the endurance truck that president trump was surveying, talking about the lordstown, ohio, plant, the building which retalls for $52,000, by the way,

and the reason we're looking at general motors is they're in partnership with workhorse in producing -- stuart: oh. so workhorse is a company specializing -- >> in electric batteries. stuart: and they've got a piece of the action in lordstown. >> yes. this is part of the electric truck and the electric car rally that we've seen since last week. tesla's up 3.5% today the, nikola's down because of their own problems with trevor milton and the family, but a lot of these battery makers, there's also a news report that says tesla is looking at a stake in lg chem which makes a lot of the batteries that go into these electric cars, so there's a lot at play here especially after that california bull last week which bans all gas-powered cars by 2035. point of no return, according to analysts. stuart: the battery is where the money is, actually. >> and how you bring down the cost of electric cars on par with gas-powered ones. stuart: thanks, susan. president trump is calling

out the media for shrugging off a report on hunter biden's dealings with russia. what's this again? -- watch this again. >> if we had a media that was fair, even just reasonable, this would be the biggest story for years and years and years. then you'd really be entitled to real surprises, not the fake committee that gives you these fake awards. stuart: loves to have a go at the media. the gentleman on the right-hand side of the screen is fox news analyst gregg jarrett. all right, gregg, i've got to believe hunter biden will come up in the debate tomorrow. what do you say? >> oh, absolutely. president trump will bring it up just as he did last night. isn't it i amazing when this blockbuster senate report calm calm -- came out about hunter biden, it was crickets from the mainstream media. abc, nbc, cbs, cnn didn't touch it. they didn't mention it. msnbc did briefly, they

downplayed i it but saying nothing to see here, let's move on. look, joe biden is running against president trump's character and supposed corruption. so isn't it fair that voters should be able to know and inquire about whether joe biden and his son were engaged in influence peddling and corruption report seems to suggest it, in fact, rand paul, u.s. senator, has -- is vowing to send a criminal referral to the department of justice for potential criminal activity. that's a quote, potential criminal activity, from the senate report. finish. stuart: it's not just whether or not joe biden was involved in influence peddling, it's the that joe biden knew about what his son was doing, knew where this money was coming from and didn't do anything about it. it was an obvious conflict of interest, unaddressed we believe, by joe biden. what do you say to that. >> absolutely.

and biden told the american public, oh, gee, i don't know anything about this, i never talk to my son. read the senate report. there's a state department official among others who said a he face-to-face confronted bind as vice president about this egregious conflict of interest and the potential that biden could be the factor -- the target of extortion because of it. biden said, i'll talk to my son. did he? absolutely, because days later the state department official got a telephone call from hunter biden about that conversation. and so, you know, biden needs to answer questions honestly, and i do new this subject will come up in the debate on tuesday night. [laughter] stuart: i think the president will raise that issue too. now, we've got a poll, and it shows a majority of voters want the election winner to select the next supreme court justice. what does the constitution say about that, gregg? >> well, the constitution is quite clear. it gives the president the

authority to appoint and the senate to confirm. the constitution isn't suddenly and imagine clue suspended during -- magically suspended during an election year or 30-60 days before an election. and, in fact, six american presidents have actually nominated supreme court justices after they lost reelection but before their successor took office. the most important of which, john adams. he lost to alexander hamilton in 1800. before hamilton took office, adams appointed john marshall as chief justice of the u.s. supreme court. hamilton, of course, was angry about it, but he realized under the constitution adams and the senate are allowed to do it. and, of course, marshall went on to become the longest serving chief justice, and historians say the most powerful and. and influential.

and hamilton later confessed it was a brilliant move by adams. stuart: 20 seconds left, do you have any doubt that judge barrett will be confirmed before the election? >> well, i suspect it will be before the election. she's uncredibly qualified -- incredibly qualified, and democrats will be fools if they decide to attack her on such things as her religion. that's unconstitutional, article vi of the constitution, religion is not a test. but that probably won't stop them. they'll attack her nonetheless. and it will backfire on them. stuart: all right, gregg, thanks for being with us this morning. i'm sure we'll be seeing you a lot before the election. gregg jarrett. thank you, sir. the news from the market, the rally holds. up 470 points on the dow and 150 on the nasdaq. can you show me caesar's entertainment, please? there's news, ashley, tell me

the latest. >> william hill appears on every corner in the u.k. caesar's in advanced talks to buy that bookmaker and it would value the company at around $3.7 billion. that is actually below the current value after of the bookie stock has summered to a two-year high -- surged to a two-year high last week. the buyout group apollo also making a bid but also below what it would be valued at today based on the stock price. there is a possibility, we understand, that caesar's could make a separate deal to pass on william hill u.k. activities to awe awe apollo, that's if caesar's seals the deal. if they do, the casino operator would gain control, of course, of the quickly expanding u.s. sports betting and online business. and we understand caesar's is going to offer 30 million shares to fund the deal but has given no indication yet of pricing. and, of course, the antitrust

regulators in the u.s. have to approve all of this. it's a bug move by caesar's trying to get into that bug online betting -- big online betting business which is booming in the u.s. stuart: it sure is. i mean, talk about a boom, you've got one right there. thanks. florida fully open for business, indiana following suit. how about that? i think that's fascinating. you're looking at a gym allowed to operate at 100% whats su. we'll take you there live in just a moment. ♪ ♪

apollo, that's if caesar's seals

stuart: pushback in europe. big gone strausss in london and marseilles, france, against any further lockdowns. the number of infections is rising over there, and the authorities, oh, they're over there, they have imposed new restriction es. but europe seems to have a case of virus fatigue.

they can't take another round of economic disruption. they're demonstrating. something similar over here. in florida the governor's removed restrictions on bars, restaurants and orr businesses. -- other businesses. florida has opened for business allowing residents to make their own choices. indiana's just followed suit, most restrictions lifted there too. now, that puts great pressure on democrat states where retransitions are still in place. bankruptcies, closures, they've become a tidal wave. it'll be very hard for governors to impose a new clampdown over here and very difficult for joe biden to suggest a new national lockdown on the advice of a committee of scientists. well, you heard me mention indiana there. our own grady trimble is there. he's at a gym which is now operating 100%. grady, this is a test. it's a test to see if people do want to go and work out indoors again. tell me. >> reporter: it is. and this is a gym that specializes in one-on-one

personal training workouts, so it's a little bit different for them. but what they are able to do now with the governor's movement into this next phase of reopening, basically the final stage, is they can go back to group classes, and that's something that is really going to help your business, right, luke? >> it is, yes. we were doing up to eight group training sessions a week. we limited it to 12 individuals because we wanted to keep the quality high, but, you know, we had to shut that down and just do one-on-one personal training until now moving into phase five. >> reporter: and the big question is are people going to be comfortable coming back to work out. you think so. this at least gives them the choice to come to a group class. >> right. i do i think people are going to be more comfortable now. they know that here we are in control of sanitizing everything and that we keep things, you know, small group, and we have a large space so that we can do things with people spread out. >> reporter: and, stuart, i want to touch on a few other businesses that are now able to

operate at full capacity here in indiana. it includes malls, restaurants, bars, amusement parks, conventions even. there are a couple caveats to this though. the mask requirement is still in place, and also you have to be able to keep a social distance in all of these environments. so even though a restaurant mic at 100% -- might be at 100% capacity on paper, there's still going to be more space between the tables. but again, this gives people the freedom, the choice to go back to some sense of normalcy. stuart: what a wonderful thing. i'm going to deal with this briefly, but i do find it interesting. billionaire jeffrey goodluck is suggesting he may leave california. tell me i why. i know i why. >> you know why. he's saying well-governed u.s. space to call him, siding with other famous californian residents who say they want to leave, joe rogan, ben shapiro, to name just a few are leaving

california to escape incompetent governance. wealth and massive income tax increases on job creators, aka, the wealthy. so what sacramento e is trying to do is they are thinking of raising the top tax rate to 16% from 13% for those who make over $5 million, and this is retroactive -- stuart: that's the retroactive bit. they'll raise your taxes, but you can't live -- you can't leave because you lived in this state. i'm going the move on. celebrities like debra messing, bette midler slamming amy coney barrett on twitter. is anybody listening to them any longer? does it work? joe concha weighs in next. ♪ ♪ ♪ limu emu and doug.

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stuart: well, wouldn't you know it, elon musk has got something to say about the presidential election. so, susan, has he said who he's going to vote for? >> we don't have a lot of undecideds in the polls, but apparently he's one of them telling "the new york times" podcast rehe remains on the

sense saying i want to see how the dea baits go, i want to see if biden has it together, and if he does, he probably wins. what does it mean? that i criteria has to be defined, but we do know that undecideds are very finish. stuart: he's a big climate guy. >> also a capitalist. stuart: okay. doesn't like a wealth tax, for example. >> yes. there you go. stuart: we're on the same page. celebrities like beth muddler, alyssa milano slamming judge barrett on twitter, and actress debra messing wrote: this is a last ditch power grab. joe concha's here, he's "the hill" media reporter. all right, joe, does anybody listen to what these celebrities are saying these days? do they have any impact? >> let's look at the precedent, stu, right? we look back at 2016, basically hillary clinton had the endorsement from every celebrity

on the planet not named kid rock and john vote and scott baio. , right? what did that get her? a free trip back to chap what and whatever they give away at the price is right when you lose. then i look at the polls, and i see that 20% trust the media. this is according to the university of delaware, joe biden's home state. 16% the hollywood industry. so, yeah, for celebrities, disdain by trump supporters, primarily, and even independents because they don't like elites in los angeles, hollywood or new york telling them how to think and how to vote. so hollywood backing actually can be a bad thing in this situation because even the emmys were on last week, did you know that? only 6 million people watched. compare that to the president's state of the union earlier this year pre-pandemic where 37 million watched. impact? no, none. in fact, it's probably a net negative. stuart: that's really good, joe. well done, young man.

let's talk about the debate. i've gone at opinion. i -- an opinion. i say no matter what happens, the media will say biden won and trump's a bully. are you with we me? >> yes. it's like the wwf or e, whatever they're calling it now. as long as joe biden just basically shows up, he will be declared the winner. but, you know, again, i think that he is walking into a buzz saw here. i think chris wallace did an exceptional job in 2016 when he moderated the third presidential debate and even those that hate fox said he did the best job. biden earlily takes interviews -- rarely takes interviews or tough questions, and what we've seen when he doesn't like a question, he gets angry, defensive and says weird stuff. so i think the president has a very good chance here to do some damage because a lot of people haven't even seen or heard of

joe biden leading up to this point that 90 million people will be tuning in tomorrow night. it's a big moment for his campaign, and i think that it's going to be tough for joe. joe: biden. and, again, if he's not talking to reporters now in terms of taking any questions when the president does every day, that doesn't train you well for this moment. the question is taking questions on a daily basis, so it's not going to be a shock to him. to biden it may be like, whoa, i've never been asked that before, interesting. it's going to be a big night. stuart: joe, you follow the media, that's what you do. you're a media follower. i've asked a lot of people this same question, have you ever seen anything like this, this year, 2020, and what the media has done with its so-called objective coverage? you ever seen anything like this in your lifetime in america before? >> i think a lot of americans haven't, stuart, and i keep pointing back to this poll by gallup and the knight foundation just a couple weeks ago that found that -- this is an incredible number -- 86% that

the media is biasedded, but 84% believe the media bears the blame for divide in this country. in other words, the way they're taking a side reporting things, enflaming situations, that's only leading to the country being more divided when they're supposed to be informing the country like they sid in 1976, 7 in 10 americans trusted and supported the poll. now it's completely turned on its head because everything is opinion-based, and the opinion only seems to go in one direction, stu. stuart: you're right. joe, thanks for joining us. i think we'll be seeing a lot of you before november 3rd. >> thank you. stuart: you got it. catch special coverage of tomorrow's debate right here on fox business. we start at 8 p.m. eastern and then, of course, the debate starts at 9 eastern, and it's moderated by fox news' chris wallace. you'll see it. quick check of the markets just to tell you we do have a stock market rally. it is still in place. 480 up for the dow. nieman marcus, they've

emerged from bankruptcy. i know this company, i know that store. lauren, now what? >> yeah. well, what do they do, right? they were the first major retailer to go under because of the pandemic, and they just erased $4 billion in debt. they have new owners, but they have to deal with new realities of the retail environment, right? shoppers defect online, we're awe customed to bargains. how can they prosper? can they prosper as a department store in this covid world? they did begin laying off workers last week, so we'll see how they do. they have a new board, six new members, and one of them was a former chief strategy officer at ebay which suggests this is going to be a big digital move for nieman marcus. stuart: okay. good move. thanks, lauren. check that big board again. up 488 points. that's 1.79%. susan approves of the percentages. the dollar numbers. [laughter] more "varney" after this.

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stuart: a few seconds left. susan, tell me your favorite story of the day. susan: amazon prime day. october 13, 14th. should be a shopping extravaganza the last few months of the year. stuart: that is a big deal. it sets up this online extravaganza that is going to

happen before the holidays. susan: starts earlier than black friday. stuart: amazon is doing very well indeed. my time is up. we leave you with a nice rally. we started higher at 9:30. it is nearly 12 noon. up nearly 400 points for the dow. neil, it is yours. neil: nice way of saying don't screw it up, i immediately get calls from your viewers. we'll see what you do. thank you, my friend. we're following action at corner of wall and broad. technology stocks are having a bit of a comeback as stuart indicated. that aptly explain what is is going on in the nasdaq. apple is still a component as other big technology names in the dow 30. in the case of apple a cheaper component than it used to be after the four-for-one stock split but never, economically sensitive stocks are coming back. that is