tv Cavuto Coast to Coast FOX Business October 7, 2020 12:00pm-2:00pm EDT
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e-mail, go on our twitter or facebook pages, we want you your question, and comments and videos as well, that's for the friday feedback segment later in the show on thursday. i'm going to leave you and handed over to neil with a lovely valley up 400 points, it's been like that since we went on the air, times up, neil it is yours. neil: thank you very much, it is a wrap from yesterday, it was off on stimulus and the fact that the president to talk about the possibility of maybe select stimulus efforts including really for the airlines, don't know really what this means, nothing is changing in terms of anything getting done, the prospect of something wall street all 11 s&p 500 sectors are advancing, some advantage very nicely, we do believe airlines are among the strongest groups, we will get into the also focusing on the vice president of debate expected to
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be a comber affair, sometimes when you're sitting down her brother standing, makes a difference, it'll be a little bit for their part 12 feet than the customary virus world which we live in 6 feet plexiglass and all of that. it could be interesting, hillary vaughn and salt lake city, where this goes down later tonight with the very latest. >> the biden campaign says senator kamala harris tested negative for covid yesterday, she is in the clear for the debate tonight, so is vice president mike pence who the cdc cleared yesterday saint several negative test it is safer than bp to participate in tonight's debate even though he's had a few close calls coming into contact with the virus after the president tested positive, white house advisor stephen miller did to who is married to mike pence spokesperson katie miller, both candidates will have masks
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during the debate but as you can see alive look inside the debate, there are two plexiglass partitions set up for the guest on the candidates kamala harris will be sitting across from pinta the debate hall, or debate strategy is to focus on the man in the white house. >> she is going to be on stage with mike pence but the debate is going to be about the trump administration failures over the last four years. >> part of mike pence's strategy will be to paint harris that somebody will pull bite into the left and hold her to task for her progressive position of the past. >> she is to the left of elizabeth warren and bernie sanders, you have a stark contrast coming of a wide etiologically between the two folks, i think that will really make a compelling policy debate. >> one interesting thing that happened this morning, we got a
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background briefing from the biden campaign of what to expect tonight, multiple times on the call they talked about how good of a debater vice president pence is and how they are preparing for that, they believe that just because he will shine on the debate stage, they think harris, her goal will be to point out where he is not telling the truth. neil: hillary vaughn, we will see how it all goes down, i want to go to blake burman at the white house, there has been a big change or 180 at least as it appears the president stifled a huge rally and sent stocks tanking when he called off the talks that were going on between his treasury secretary and nancy pelosi, those talks have resumed this morning, we don't know what came of the phone call but we do know a lot has to do with the president talking about maybe we could parse it to particular into about 1200-dollar relief checks to people and maybe something for the airlines but the fact that that is being considered is not enough to get
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things changing, blake burman on all that in washington. what is going on. >> remember we've been talking for weeks and weeks on end saying this idea of a big deal between democrats and republicans was slim to none, we've been saying that the chances of both sides coming together on anything is slim and yet there is hopes again on wall street, not sure exactly why, as far as the bigger package that democrats and republicans were talking about, that is done with as a president tweeted last night or yesterday rather that the talks are now off, instead he wants standalone bills on the following items, 1200-dollar direct payments, $135 for ppp and $25 billion to go to the airlines to make sure employees aren't furloughed, nancy pelosi's office today said that she spoke with the treasury secretary steven mnuchin about the airline component specifically, the white house
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right now is blaming pelosi for the lack of a bigger package but the chief of staff mark meadows is acknowledging that republicans in the senate never would've back to anyways. watch. >> it became very obvious over the last couple of days at a conference of bill was just going to get to a point where he did not have much republican support at all, it was a democrat led bill which would've been problematic, more so in the senate than in the house. >> here we are with a bigger package talking about smaller packages but there are still talks but differences with both sides, any event we also continue to monitor the president's health still remaining in the white house recovering, trying to recover from covid-19, bit of confusion as larry kudlow went on television and said the president was in the oval office yesterday taking safety precaution with a visit to the oval office, the white house moments after that came out and
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said the president was not in the oval office, they say he never made it there. a bit of confusion this morning but so far we know the president remains in the residence and i should know we have yet to receive an update from the president personal doctor. neil: thank you, my friend, blake burman of washington. ahead of the debate tonight, let's get the read from steve moore the best-selling author at that, elijah collins of the wall street journal political reporter as well, thank you for joining me play it out for me, normally the vp debate is not the exciting one but i daresay maybe given the presidential candidate in ages, who am i to talk about but i'll leave that aside, it's getting a little bit more scrutiny because it's likely one of the two and it could be a president himself, how does that change the dynamic and top that with last week's
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presidential debate, it is sort of increase the odds and the tension. >> i think it's absolutely right that it increased the people watching it, the attention, both harrison pens have talked about the future of their party and people are going to look at that and see what is next, all of that being said this will probably not change the election, the selection has become a referendum on president trump and as voters are happy with him or unhappy with him and the vice president to debate is probably going to be a calmer affair than last week, i think we can expect more policy, both harrison pens have been elected officials, they are used to debating, that being said so will the biden and the president, i think it'll be a common affair, i don't think it'll move the needle on how people vote.
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neil: we do know the vice president is also the chair of the president's coronavirus task force and that has been a big focal point not only of joe biden but kamala harris saying they are administration has botched its response to the virus, is the virus itself going to be a central issue, i know there will be nearly a dozen other topics discussed tonight but will that be the dominant thing? what do you think. >> i hope not, i think it certainly will be one of the dominant themes that republicans want the dominant theme to be a very clear as the economy, the economy right now is a rocketship, you just reported the dow was up 400, who would've ever thought we would have 28000, an all-time high the nasdaq and the s&p near high given nine months or so that we've been through, there is a path to victory which is pretty clear for trump, he has to basically say i rebuilt the
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economy once for obama and now i'm rebuilding it very effectively than anybody thought from the coronavirus and that i think the other job that mike pence has to do is really point out to the american people really how quite radical the biden agenda is and how damaging it would be to any prospect so continued recovery. neil: i know they are administration likes to call the polls and i got the tweet that he and the former vice president with fake news and fake everything, there is a trend that's undeniable i'm wondering if there is a concern the panic is setting in that they got to do something big to reverse this trend even if it overstates it that a 16-point gap in one poll, 14-point gap in another poll, let's say they are 15% off or
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seven or eight points, it is still a lot and beyond the margin of error and certainly the electoral estates that are going to be important to closing the deal, what are you hearing? >> i think you're absolutely right even if the actual amount is fluctuating, it is a very wide gap at this point between the president and the vice president, we are also seeing the gap growing in the battleground states which of course are actually who is going to decide the selection because of the electoral college, i think there is concern from the republicans if this conversation is about things that they don't want to be about, the polls show most of them that the president needs voters on the economy, republicans want him to be talking about the economy, not about his corona writers response to diagnosis and not about yesterday him stopping the stimulus talks, i think if
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they're able to stay on message that the gap may get narrower but there is concern even if they dismiss the polls because it is a theme that we are seen across the board. neil: we should explain that there will be 910 minute segments, usa today washington bureau chief is going to be handling that and looking at that but back to the polls if you'll indulge me a little bit, what is interesting on some of the trends, you are quite right to say does not mean anything until 28 days from now, i get that, the president appears to be losing his edge particularly with seniors, what is interesting there in florida and arizona there was a lot of seniors, that could be risky, then you hear about the four and half million ballots versus 75000 ballots four years ago this time that imported democrats have returned 370,000 ballots versus 197,004
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republicans in north carolina democrats have returned 201,000 ballots versus 66004 republica republicans, something big could be going on, are you worried? >> sure, last week was a really bad week for the trump campaign, no question about it, the debate performance of trump was poor and then you had the coronavirus situation but now you still got four weeks to go, on the 2016 campaign at this stage of that campaign the expert said donald trump had a 5% chance of winning. the polls, you are right, they widen against trump, i'm concerned about it but i also know this is a guy who can rally, it does go back to the economy, people's pocketbooks and at the end of the day, it is the economy stupid and what trump has to do to win is
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basically, you may not like donald trump we know that from the polls a lot of americans do not like this president but who do you trust with their job in their finances, those are the kinds of questions that trump has to hammer and pin test essay tonight, joe biden has a 4 trillion-dollar cap increase, that is crazy and that would destroy the economy, $4 trillion, twice as big as any democratic presidential candidate has ever proposed and he has to simply say this is really dangerous and you may not like donald trump but your putting prosperity at great risk if you put him in charge. neil: when you look at what's going on right now with the electorate in the economy and everything else, then the president stays positive for the virus, you heard the biden camp wants to make sure that the president doesn't have it for their debate next week, that
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would be cutting it close with 15 days or 14 days according to nina the white house and for that matter, let's assume and i don't which the president ill that he still testing positive for the virus, they cannot just push this back a little. if he is that could be the end of the presidential debate right there. >> they could absolutely cancel that debate, there is another one to happen but the biden campaign will not go forward if the president is still contagious, i don't think the commission on debate will go forward if the president is still contagious. but we could see a virtual format, i won't rule out anything at this point but it is possible what we saw last week and what we see tonight could be the end of the in person campaign, in person debate. neil: hologram like a star wars,
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that's a future idea, i don't want to guys to copy it, it's my idea of trying to pursue it, we will see what happens, thank you both very much, transferring tonight and all the other two presidential debates, as a stand right now, we will be all over this tonight at 8:00 p.m. on this channel, the only place you can get a double treat, not only a preview of coming to attraction the debate itself but we will be looking at the global market responded and howard future market responding to this, it is only place we can get both of those things addressed. we will see you then, the doubt for - 6. a lot of this on optimism, the stimulus talks that were considered dead, gone and going nowhere are apparently not dead, they are kind of gone and they might be going somewhere.
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category 5 by the time it does so, adam klotz or fox news meteorologist on all of that, what is is looking right right now as you said it continues to spin over mexico in week in the system, with that 105 miles per hour, currently a category 2 storm interim peninsula and get across the gulf mexico in warmer water and heating up once again, as it heats up it grows and that's what we will look at, here's your forecast, we are looking at a landfall getting into friday afternoon. excuse me, we're talking about a landfall getting into friday afternoon, maybe a category 5 storm with winds up to 120 miles per hour and running over warm water that entire time, the tropical models are in pretty good agreement running into louisiana, what does that mean, an area that is already been hit, a whole lot of oil platforms across the region, oil
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production is going to shut down, we will talk about a real mess and a couple of days. back up to you. neil: thank you very much, adam klotz following that, the optimist which is much more, no surprise that even ahead of this, well ahead of this we were seeing a lot of oil company shut down, the refineries and rigs in the area an abundance of caution, all the big names have done that, how do you see this impacting oil prices for the time being, they are sliding right now which would not go to the normal conventional but is basically supply and demand and a lot of supplier not a whole lot of demand. >> you are right, with a forecast with the trading community and high tech places used to trade, they are not surprised by the hurricane they can see it coming and they probably traded more about the hurricane fiber to seven days ago then they will today.
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the next big thing will be the intensity of the cat five, cat four, cat 3 and what damages it will do and we will know that shortly. in the meantime we are fundamental news two days in a row, different agencies reporting that we've expected stockpiles to go down in crude oil inventories and they've actually gone up, that's a problem, so much more around and that gives me the overall feeling that this economy we need to flip the switch, that will help those guys make more money and that demand will come back, take a look at the ten year yield just over seven tenths, that is not that great, gold is lying around, we're not seeing it and suffer in the equity market a ton of things to celebrate. neil: there celebrating the hint that something can be cobbled together even with limited stimulus and it seems like a hail mary pass for some of these guys but what do you think of that and even if something does materialize on aid for the airlines or the 1200-dollar
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checks similar to what americans were getting in the early stages of the pandemic, will it move the needle on the market. >> tried to yesterday, i don't think it should, instead of writing the check, i think you should flip the switch, that is the answer, the short-term things that they are doing with the stimulus and giving money away are going to add to her long-term problems, the best stimulus check i said over and over again is to flip the switch on the economy and open a backup, that is the problem, we are not doing that we cannot solve a virus with money we have to get things going and learn to live with it, this year was cold and flu season and next year will be cold flu and covid season, to distaste learn to live with it and move on. the problem is when the government shut the economy down, they broke and they own it or at least the governors do and that's why they feel like they have to throw money at the situation and money is not what is going to work, you have to reopen it. neil: when you hear companies
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like boeing saying it can see a pandemic pole over jet orders for up to a decade or more, that is weird, that is startling weird. >> i don't think so, i think the psyche of the world is going to change so much so because of the tactics that were used to scare people to hunker down in the beginning of the year. there's going to be long-term effects. think of the basic level of all the restaurants that are not going to come back, they're just not we have to face up that the mom-and-pop stores are not coming back, the main street are going to be littered with two things, big box stores and burger chains, will be bed bath and a burger, that's all you get main street usa because of that the only people that can suffer through. that's a long-term effect, we will not have the small mom-and-pop people under pizza joint where the small mom-and-pop hardware store, it's bed bath and a burger from here on out. neil: you could be right in its cure.
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discuss point let's talk about smaller restaurants and the like, what if i told you some big ones, really big ones especially new york already are, find out which ones, right after this. ♪ this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. all otc pain relievers including volthave one thing in common none are proven stronger or more effective against pain than salonpas patch large there's surprising power in this patch salonpas dependable, powerful relief. hisamitsu.
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(calm inspirational music) neil: it is getting scary in new york city with the spiking cases at least 8 - 12 zip codes seem to be moving in the fact that another dozen can be impacted, there is concern that is going to lead to a domino event where a lot of hotspots in the state are going to see not only school shut down in this case in the affected areas were up to a couple of weeks, but extend the restaurants of the businesses, christina person love the most with more on that.
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what is happening on that? >> not just in any part, i'm in an orange zone, this is an area where essential businesses can remain open but you have a lot of confusion as to who can of outdoor dining, indoor dining, mixed messages over the past few days coming from the city level as well as the state level, what do i say this, yet mayor de blasio put out a plan to close down the hot nine zip codes, the hot zones and then governor cuomo put out color-coded maps, just yesterday, i have to admit we've been driving around entering the red zone, the yellow zone, the orange zone trying to find different owners to speak to and it's been very difficult, the map is only thing that is provided or business owners have to go according to their zip code, there is a lot of confusion as to when the shutdown will happen, is it today, are they part of the red zone, which side of the street, why can those across the street be open but those on this i cannot. the other major issue, it is
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closing down a lot of houses of worship, more restricting capacity in the houses of worship, in this area there is a large jewish community, they have been upset and called unfairly targeted many of them took to the streets to demonstrate yesterday as well as monday feeling unfairly targeted and protected about businesses again, i am in brooklyn, i spoke to jimmy the owner of an appliance shop, he's been here for 30 years and he thinks it's very difficult to continue this business when some places are open in some places are not, it's a matter of history, listen in. >> people are walking back and forth, how do you draw a line, there is only one block in between us and the other side and i don't get spare for the site to be open and the other side to be close and vice versa. >> i can understand it's frustrating is not once but it's twice they have to go through lockdown, nine hot zones, 13 on
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the hotlist which could mean more shutdowns to come, governor cuomo has asked the city for 400 police officers to help enforce the rules, we have not seen anybody in this part of brooklyn just yet, the shutdowns are expected to happen today, latest by friday, but still a few unanswered questions with a lot of the business owners. back to you. neil: to put it mildly, thank you very much. all of this with our next guest, he is not even the zones that are of concern, the central park boathouse owner, and iconic place i've been there many, many times, it's a beautiful venue, he also owned gallagher steakhouse, it's very good to have you, i'm wondering what prompted the boathouse move, i want to clarify that in middle reopen next year but why the closure now. >> thank you for having me, we have been closed since the
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pandemic began in march restaurants are able to be open in the city, the business is just not there for the boathouse, the boathouse is heavily dependent on tourist, we do a big banquet business, we do about 150 weddings a year as well as corporate and all that has disappeared. so the banquet business for the remaining months of this year and the beginning of next year have all canceled, fortunately many of them have rebooked for later in the year, there is not enough business in the park to sustain the restaurant to reopen, we have decided being that were going in to the winter months which is traditionally a quiet time of year that we will be reopening in april. neil: what about your steakhouse in midtown manhattan, how is entering questioning.
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>> we just reopen on tuesday, i'm sorry wednesday, it's been very slow i been all around the city, the upper east side seems to be busier, last night i was dining downtown and is seen busier then where gallagher's', gallagher's is in the northern part of the district and it appears to me business between 22nd street 57th street between park avenue and eighth avenue is dead, no one in the building, no tours, the theaters are closed, we are opening and getting a little better in a little bit about 10% for the business that we normally do. neil: i get concerned about the virus but i also wonder if people are impacted by the images, not too long ago the protest and everything else in the rising crime and they are saying as much as i would like
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to go to some of these places or even your fine steakhouse i just don't feel like doing it, i know they are open, can't deal don't want to do on i want things to come down. >> i'm sure that's a factor, however, the building across the street to me normally has 4000 people and they are getting about 150 now, they're building around the corner and 6000 people normally, they're getting about 300 now tourist, new york city was known as one of the states in the world and people thought comfortable coming here, i would to suspect the people hesitate to come back to new york and as news right now, we are in the quarantine provider no how many states are now but the majority of the country is not even allowed to come to new york and muster quarantine. frankly i was in the hotel the other day and i was told that the hotel was basically empty, i was in the elevator and she said
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she's paying $150 a day for hotel room, it's a great time to come to new york for the pocketbook because everything is inexpensive. neil: there is that, i wish you well, i'm sure you will get to this you been through tougher times, the central park boathouse owner, much, much mo more, but it's an indication of what's happening, not just a small restaurant in the small businesses that are feeling this, you have a domino effect that could get worse especially for continue with the shutdowns and the vulnerable zip codes, as you look at times square, one of the busiest on the planet, it is not getting much busier. stay with us. ♪
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just a flip of a few seats can put in a democratic hands, jacqui deangelis has been crunching the numbers. >> good afternoon, after the president tested positive for covid-19, the spotlight back on the administration pandemic response as a result, new fresh uncertainty about the senate as you mention, the republicans do not control the house but they do currently hold the majority in the senate, 63 - 47, about ten key senate races are in play, watching arizona, north carolina, colorado and maine through leaning toward the democrats, tossup and i were in montana, recent polls show south carolina lindsey graham seat is now considered by some analyst to be a tossup as well, republicans have a harder job to
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defend 23 seats to the democrats 12 to get control of the senate the democrats need to flip for seats if the president is reelected, davey tree seeks to control a joe biden with the election, let's take a look at north carolina, thom tillis under fire for testing positive for covid-19 and a member of the president's inner circle, the real clear politics has him trailing in the polls by 5.4 points, democrat cow cunningham we learned despite being married was involved in extramarital affair, i just want to show you what happens, back in 2016 in north carolina i do remember the president trump won this state, has 15 electoral votes in it will be very important, let's take a look at maine, republican susan collins is behind sir, gideon, the democrat according to the real clear politics average by 3.7 points, this is an interesting race because well getting the seat would change the dynamic, collins has a little bit of a history of being a little bit more moderate with her respect to her voting, the question what college right now after she did cast a vote for brett kavanaugh, will she confirm amy coney barrett to the
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supreme court, that's what everyone is watching, let's take a look what happened in maine in 2016, you can remember, if we go back here, hillary won the state, for electoral votes and something we are watching as well. neil: fascinating, they sweep as some polls indicate that changes the whole dynamic if you take virtually the table the white house, the senate of the house, we will watch that, michael goodwin poets' prize winner, interesting column today when they talked about the president having to find a middle ground or acceptable middle ground alternative on the coronavirus that maybe would calm people down, i'm thinking that is a stretch but michael spells it beautifully, i'm wondering if it's too late for that, for good or ill, people have formed opinions whether they like is a portraitist like, you think otherwise. >> i agree with you in general he is not going to be able to
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change a lot of minds nationally but certain states are still in play for the president as well as the senate race as you were discussing, a few votes here and there as we saw in 2016 to make a big difference in the electoral college, my point even though i think the president could benefit from this politically, i think the larger issue, they had a medical experience that 7 million americans have had in some form or another, if you want to criticize the president for not showing empathy, not really wearing his heart on his sleeve on the virus, i think now is an opportunity for the president to share his personal experience with the coronavirus, what was it like for him, did he fear dying, how sick was he really, let him talk about it in personal terms, i think that
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would go a long way to putting a lot of other people at risk and making them feel that the president is human and he's not just superman, that he's gone to this extraordinary experience and we never hear president talk about themselves in this kind of situation but this is a unique moment in it fits the president to a t, we know a lot about him, he talks about himself and his business but i think it should go the next step and talk about the coronavirus in ways that would give people confidence that he really understands the threat and the danger even while he is preaching a very bold approach to not let it dominate your life, there are fears and risks, but get out there anyway and i think he has done that and now he's paid a price by getting the virus and now he should talk about the outside of it. neil: i think it's a great idea, i don't think he has it in him,
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i think he's very reluctant to get personal on these matters as it was when his brother passed away, his friend passed away, the friend of course of the virus itself, he's very guarded on that, i'm not faulting or praising, it's the way he is, don't think he's wired that way, and if he does not do that given his critics who like to pounce on how he's addressed the whole virus coming back to the white house and taken the mask off on the balcony, he has not changed in this has not changed him at all, he returned to his tweeting and everything the way it was, that being said if he doesn't change, then what? >> the polls all say he is in trouble and the coronavirus, his handling the public perception of that is a big reason why he is in trouble, a lot of people
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even private in ten republicans believe that he did not take it serious enough according to a recent poll. i think there is a lot of dry tender there for him that is a real problem in the election and i think that's why i'm urging this, even it does not make a difference in the election, i think it's a very presidential moment to have had this disease is so unusual, when you think about it for president to have suffered a disease that 7 million other americans have been through, he's been criticized for not showing up in but the toys of families who have lost, i think this is an opportunity to be presidential in a very unusual way but in a very champion way that you can
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make something positive out out of this negative extremes that he has had. neil: that's a very good idea, i just don't see his comfort level of doing that, i could be wrong, i know he respects you and your colleagues, maybe you will move the needle on that, michael goodwin, thank you very much, be well, be safe and be healthy. in the meantime speaking of the virus, eli lily is asking the fda to authorize its own covid-19 antibody drug has an emergency request, a number of other key vaccine players that are looking at doing the same, you might've heard that moderna vaccine trial has failed to enroll enough minorities, that is slow down the approval process, pfizer says it is already gotten more than 36000 participants in its vaccine studies. the race for getting one out. it may be soon. after this.
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dolphins had been cleared for full capacity at hard rock stadium, that's where they play, their home games, that specifically can hold up to 65000 people they traditionally have been playing with the limit at 13000 but apparently they have gained clearance from government officials no longer standing in the way of filling the stands to capacity it will not apply to the next home game but it could happen soon afterwards, again if they go that rate and other localities start approving more expanded seating options, you can see a number of other nfl teams go the more crowded stadium route, whether they pack them in, i don't know but certainly the dolphins have been cleared to do that in miami, will keep you posted, will also keep you posted on a vaccine, a number of biotech drug concerns working to get one out and they are following strict fda guidelines
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that the white house is accepting as well, jonathan wood more in atlanta. >> hi, the white house did not stop the fda from publishing these guidelines, however, the president is clearly not happy with them of what president trump tweeted overnight, new fda rules make it difficult for them to speed up vaccines for approval before election day, just another political hit job, under the guidelines fda will require vaccine developers to monitor human trial participants for side effects for two months after the last shot. when it comes to emergency use authorization or eua's, regulators say they have to set a higher bar for vaccines. here is why. >> the risk-benefit calculus under an eua is much different when evaluating a prophylactic that would potentially be given to millions of healthy people
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then is when evaluating a therapy that would only be given to people who are already sick and fighting for their lives. >> eli lilly has requested an emergency use authorization for antibody treatment for patients with mild to moderate cases of covid-19, clinical trial suggested therapy significantly reduces viral load symptoms in hospital visit in these patient this is significant previous treatment have been used to treat severe cases and already hospitalized patients, this potential treatment could be used in outpatient to keep them out of the hospital altogether. neil: jonathan, the cdc headquarters, thank you very, very much. speaking of the virus we are getting an update on the presidents condition, looks favorable, we were just talking about antibodies and all of that it turns out the president might have these, that could be a very reassuring side that the
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president this morning said we are getting this from the white house, i feel great, his physical exam and signs oxygen, saturation and respiratory rate all remain stable in the normal range, he has been fever free for the past four days, symptom-free for over 24 hours, does not need or receive any supplemental oxygen since initial hospitalization, again the president has demonstrated that he has detectable levels of antibodies from labs that were drawn on monday, that could be a crucial development meaning he is building up his own defenses to counter this, the white house press will continue to monitor and update us as a no more. we will know more. we will have more after this.
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neil: all right. getting ready for the big vice presidential debate tonight here, when we see the market jumping fast on hints that, you know, maybe that coronavirus stimulus isn't dead. the president put the kibosh on talks just yesterday. that led to a collapse in stock prices. now getting word that he is open and may be pitching the idea of keeping it simple, maybe $1200 stimulus checks to people as were handed out in the beginning of the pandemic and maybe some relief for the airlines.
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no word yet on where this is going, but we do know that at least nancy pelosi and steve mnuchin were back to talking. wall street seizing on that. everyone focused on the big vice presidential debate tonight. it will be certainly very different than the last presidential debate for a variety of reasons. the attention has shifted away from two people going at each other and constantly interrupting each other to a forum where that is less likely to be the case. both candidates will be sitting down, they will be further apart, at least 12 feet apart, and there will be plexiglass between them. it might look like a wendy's drive-through but there's no way to know for sure. we know hillary vaughn has been following this very closely, has the latest from the debate site in salt lake city, utah. reporter: the biden campaign is setting expectations really high this morning on a call with reporters, not for their candidate, senator kamala harris, but instead for their opponent, vice president mike pence.
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>> tonight, we do expect mike pence to have a good debate. it's easy to win a debate if you don't care about telling the truth. so tonight, it is not senator harris's job to fact-check mike pence. that is the moderator's job. reporter: both candidates are going to be doing some cleanup for president trump and democratic nominee joe biden after their debate turned off voters on both sides of the aisle as biden and trump took turns getting testy but even though the cdc signed offer on pence to attend tonight's debate after close calls with white house staffers and the president, who contracted the virus, the biden campaign says today that trump has an obligation to prove he is not contagious before a round two matchup with biden at next week's debate in miami. biden changing his tone on whether or not that debate should still happen. >> i'm looking forward to being able to debate him. i just hope all the protocols are followed which are necessary
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at the time. reporter: [ inaudible ]. >> well, i think if he still has covid, we shouldn't have a debate. reporter: neil, for tonight's debate, we do know there will be nine topics but they are not announcing what those topics are. i think it's safe to say that coronavirus will be one of them. neil? neil: thank you very very much, hillary, on all of that. by the way, there's a new rasmussen poll out, one of the polls the president has generally liked or favored more than any of the others, but this doesn't offer him much good news here. in the latest sampling, the president trails joe biden by a dozen points. keep in mind only two weeks ago, this same poll had him up by one point over joe biden. so he's been melting away since then. again, polls can come and go and the one that counts, election day, whathave you. to andy card, bush 43 chief of staff, former transportation secretary under bush 43.
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you have to look at all of this and wonder whether something could be collapsing beneath the president. polls differ but the trend is probably the most worrisome for the president. what do you think? >> we've been on a roller coaster ride. i'm not sure that we can actually have that much confidence in what the polling is saying. i still think this race is going to be very close and that's why i'm encouraging everybody to participate in the democracy and go vote. but i hope the president first of all, my prayers are with him and his family and the white house staffers and those who have come in contact with him or others that may have covid. but the primary responsibility for president trump is to do his job as president. i think people will reward him if he's demonstrated that he is focusing on that task above all else and allow the campaign folks to do their job and if he can't be on the campaign trail, so be it. there are lots of other surrogates that he can call upon
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to help and i would think that the white house should be working to make sure the president is fully the president. he is president and that's his job and he should focus on that first. don't worry about the campaign. let other people worry about it. you just keep doing your job. the white house staff is there to help him do his job and even if he is sick or can't see people, face-to-face, that white house staff will make sure he's able to do -- reap t responsibilities as it has. that's my advice to him. neil: i know what you're saying about, you know, polls and don't focus on them and all. i think you're quite right. there are some trends that are a little bit worrisome that get in the way of that notion it's going to be a close race, though, as he begins to lose support among seniors in states like arizona and florida, where it's declined mightily in those states, to a lesser degree in north carolina as well. key constituencies could be slipping away from him.
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what if we have gotten it all wrong? what if it's a landslide on election day and it's the president who loses overwhelmingly? do you see that possibility here? >> yes, you can envision that. should be focused on that challenge exclusively. the white house should be focused on the president doing his job. the most important responsibility the president has it to be president. if he does that well, he will be rewarded for it. and he's been doing it pretty well on a number of policy issues. i'm glad they are back at the table negotiating as to whether or not there should be another package of support for people in the united states. i think that's good. the president may be rewarded for that. but help him do his job right now and let the campaign do a job of trying to find the votes. this is where early voting may have helped the president more than people anticipated.
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so the polls today may reflect something different than what people were doing when they voted early. so you really can't judge necessarily by what's happening in the ballot box as compared to what's happening at the polls contemporaneous to today versus votes that were cast three or four weeks ago. neil: we should explain, mail-in votes, we have four and a half million of them right now today versus 75,000 four years ago at this very time. so obviously, that's a phenomena that we can't appreciate its significance outside of saying two-thirds of that vote reflects ballots that were sent out to democrats and one-third to republicans so it could be, not that everyone goes along party lines, but it could be very foreboding for the president. that aside, how do you think
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he's handling the whole mask and virus issue since coming down with it himself? >> well, i actually -- he's remarkable in that his stamina and what he's doing, but i do question whether or not he's sending the wrong signal to people about taking care of themselves and protecting others. i think he should be encouraging people to wear masks. i think that he still should respect social distancing. i think he should respect how dangerous this covid-19 is and that there are people who don't have the care that the president can get, and he doesn't want them to get sick. i actually think now, have empathy for those who have gone through the challenge of being diagnosed with the disease and fortunately, he's getting outstanding care and seems to be robust in how he's responded to that care. the reports today were i think very good reports on what he's able to do. but again, his job is to be president first, campaigner second. i would focus on being president
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and let the folks at the campaign focus on getting the vote out. but he should be there as a leading signal to what can happen with strong leadership rather than trying to be emotionally engaged with people who may have some fear that he's out doing something that's dangerous to other people. i think that he should be responsible and say don't do anything stupid to spread this disease. neil: got it. andy card, great catching up with you, my friend. let's get the latest on it, andy touched on it, the good news we did hear about the president, how he's doing with this from the white house. blake burman with more on what we're learning about where he stands with this thing. blake? reporter: neil, the president's physician has just put out a memo that's sort of the daily update as to how the president's doing. it actually starts with a statement from the president saying that quote unquote, he feels great. it then goes into a paragraph of the latest.
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it says the president has been fever-free for more than four days, symptom-free for over 24 hours and has not needed or received supplemental oxygen since he was initially hospitalized. the physician, dr. conley, goes on to say the president has now, when they took out samples, has a detection of covid-19 antibodies that they were undetectable on thursday but as far as yesterday's lab went, the antibodies are now being detected in the president. the doctor goes on to say we'll continue to closely monitor and i will update you as i know more. so the top line here, the president says he feels well and the doctor says he's been symptom-free for over 24 hours but that also begs the question, what was the last symptoms that the president had and just as i'm reading this, his initial levels were drawn late thursday night were undetectable. as far as i remember, we didn't receive that tweet until about 1:00 in the morning on friday
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that the president was positive. so clearly, they had been doing some work on the president thursday evening before that initial notice went out to the world that the president had tested positive for covid-19. in any event, certainly the good news here is that the president says he is feeling fine, the doctor says they will continue to monitor. neil? neil: good news. blake burman, thank you very very much, my friend. nancy pelosi, while she might be wishing the president well, she is concerned that the white house has, in her words, this is in an abc interview, become one of the most dangerous places in the country, saying that i wouldn't go anywhere near there. but that's the environment right now with limited staff, not much activity in the west wing offices. edward lawrence with the latest on that front. edward? reporter: yeah, you know, talk about stimulus. this wraps all into this. the president says he broke off the talks on the overall package because house speaker nancy pelosi was not negotiating in good faith and in a series of tweets after that, now the president saying he wants to pass a series of stand-alone
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bills. the president saying he wants to do this. first thing, house and senate should approve $25 billion in airline payroll support. also use the leftover money in the payroll protection program for small businesses to get a second loan. the tweet says quote, both of these will be fully paid for with unused funds from the cares act. i have this money, i will sign now. the president then says he will sign a stand-alone bill for stimulus checks of $1200, saying in a tweet quote, are you listening, nancy. the chief of staff mark meadows told "fox & friends" this morning why he thinks the house speaker is slow-walking an overall package. >> it became very obvious over the last couple of days that a comprehensive bill was just going to get to a point where it didn't have really much republican support at all. it was more of a democrat-led bill which would have been problematic, more so in the senate than in the house. reporter: the chief of staff also saying he thought house speaker nancy pelosi didn't want the checks to go out before the election with the president's
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name on them. deputy chief of staff for the house speaker tweeting that she and the treasury secretary spoke this morning about a stand-alone airline bill. house speaker nancy pelosi says herself that they were negotiating on the timing of a package, not where it should be or not what should be in the overall package. she says she was shocked by the tweets. listen. >> all he has ever wanted in the negotiation was to send out a check with his name printed on it. forget about the virus. forget about our heroes. forget about our children and their need to go to school safely and the rest. so he's just again rebounding from a terrible mistake that he made yesterday. reporter: bottom line is there is just too much pressure on lawmakers in washington not to pass something and that is what the market is holding on to here, but again, as you get over that $1 trillion mark for an overall package, you start to have some senators, republican senators, not supporting that much money being spent. back to you.
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neil: thank you very very much, my friend. the read on all of this with [ inaudible ]. also lauren simonetti. lillian, i go to you first. the fallout of this back and forth on stimulus, doom and gloom yesterday when the president tweeted out it's done, it's over. now hope that maybe some of it could come back. what if aps ait's all status qu nothing changes, we don't get the stimulus and it remains locked up in politics, nothing done until at least after the election, if then. then what? >> i think that strikes both sides of the aisle in the middle of an election, it will show we can't get things done. this is an opportunity for the president that can show the american people he wants to open the economy, help small businesses and actually put money in the pockets of the people that need it most at this time so that we can get back to somewhat of a normal state even though that's happening very
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slowly. i think this is an opportunity for leadership and everybody's watching. the markets are watching. a stimulus bill is going to be good for everyone's economy and an opportunity for whomever decides to put party aside and actually get it done. neil: you know, it might be a negotiating tactic, lauren, or it might just be the president was shocked with the response he got when he shelved the talks, the market tanked, i don't know why he did it in the middle of the market day. maybe it was a strategy that alarmed people he did that, but he does seem to be erratic on the issue. what do you make of it, what do the people you talk to make of it? >> he's been erratic on many issues and yeah, it is all part of his negotiating tactic. think about the debate tonight. vice president pence versus kamala harris is a foreshadowing of what could be four years from now. the job for the vice president
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is to defend two things, to defend the coronavirus strategy of the white house but also to appeal to the conservative base of the republican party. so yesterday, when trump shocked everybody by saying the deal is off, nancy pelosi, speaker of the house and treasury secretary are getting nowhere, i thought to myself well, who really has the president's ear? mitch mcconnell. make the supreme court your big issue, appeal to the conservatives and those on the fence by saying the nature of our court is on the line for years and shift your tactics because pelosi and mnuchin have been talking for weeks and they have gotten nowhere. neil: you know, i'm wondering, especially in light of these new polls that are coming out, i know the president calls them fake and not reliable, but rasmussen which he used to call quite often, because it was at least more friendly to him, two weeks ago it had him up by a point, now has him down by a dozen, is this gathering steam
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here? in other words, with all sorts of communities as well, i was mentioning to a prior guest, the president could be losing support among seniors. progress he had made even with latinos that you reported and you know, expounded on very well over these last weeks and months, that appears to be dipping a little bit. what are you seeing on this front about sentiment that's either gelling or coming together or not? what do you think? >> well, as you know, we run data every week. it's not based on a poll. last week we mined over four million digital discussions to kind of cluster and understand public sentiment and guess what? for ten weeks in a row, jobs and the economy continue to be the top issue across all segments and despite what the polls see, we see it very close by a few points, not by a spread of 12 points, and it is because jobs and the economy continue to be the top issue. i think it will be a strategic mistake for either side to
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forget that at the end of the day, americans are looking at their own kitchen table issues, the economics of their family, and we have seen that consistently in the middle of uncertainty and changing and contradicting polls, 25% of americans are saying jobs and the economy is my top issue followed by law and order, social justice and other things, but that is it. i think it's going to be important for us to understand whether the trump presidency or biden presidency look like for regulations, taxes and the overall economy. neil: obviously a lot could depend on the ultimate election results. it's one thing, no matter who wins the white house, whether he carries with him either the house and/or senate, and obviously the argument used to be that if joe biden won at least he would be kept in check if the senate remained in republican hands. i know i'm throwing out the possibility that you see, but if joe biden were to run the table, take the white house, take the
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senate, build majorities in the house, how would wall street react to that? >> a clean democratic sweep. it is being discussed on wall street. if you are going to take the positive angle, the positive angle would be this. a, we will get stimulus. b, we will get infrastructure. c, clean energy, all that, you know, those investments would do well. and also, if it is a very clean sweep and not contested, meaning you have an outright winner and there's a clean succession of power, that could be good for stocks. on the other hand, taxes go up, red tape gets piled on and wall street by and large, particularly small businesses, don't like that. neil: ladies, i want to thank you both very much. i think this is something lily touched on but what the markets think will happen or how they initially react to something is not how history often
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ultimately, you know, follows. there were a lot of concerns four years ago on the first wind of donald trump looking like he would win the election, especially the futures market. they tanked. they have done pretty well since. the same concern about bill clinton when he was elected. that big-spending democratic liberals even though he did not paint himself that way, would destroy the market. it soared. so whatever the consensus is, i think it is fair to say it is more often than not wrong.
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neil: this is a doozy of a hurricane, hurricane delta, the 25th named such storm of the season. we never had that many. nine when you count the ones in the gulf, hitting land there. this is slated to do that after hitting mexico. expected to pick up steam and hit the continental united states along the gulf coast. we don't know exactly where along the gulf coast. by friday or saturday at the latest. could enter as a category 4, some say even a category 5 storm. no surprise then that oil facilities in and around the region are shut down in an abundance of caution but that's not a typo on that oil report. oil prices going down.
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normally they would start jumping when something like this happens. phil flynn, this isn't like your ordinary time, is it? >> it never is. especially when it comes to hurricanes. i think every hurricane sometimes has their own personality and can drive prices in different directions. initially, yesterday we saw oil prices and gasoline prices surging because of concerns about production shutdowns in the gulf of mexico. over 30% of gulf oil production has been shut in. that number is going to go higher today. now it's the other side of the equation. where is this storm going to hit, what damage is it going to do to demand? in mexico, of course, the storm hit not as bad as anticipated so there was some hope that we would bring electricity on there quickly but as it heads towards the united states, the concern is it will get in a track like a previous hurricane, hurricane laura, and take aim at some of the biggest u.s. oil refineries. that could mean over the long
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run, higher gasoline prices and higher diesel prices. interestingly enough today, in the energy information administration report, we saw gasoline demand really is starting to bounce back in this country. we are almost getting back to pre-covid levels. we're not quite there yet but we are on that track. gasoline inventories are actually at the average range for this time of year. so this hurricane couldn't come at a worse time for u.s. refiners that are still trying to pick up the pieces from the last hurricane, hurricane laura. neil: when you look at the overall economy, you have always reminded me that it's basically the economy that, you know, takes oil prices going one way or the other. the comeback we have seen in this economy is pronounced from the worst days of the pandemic, we made up half the jobs that were lost, we are seeing growth in even hard-hit states. i'm talking just the economy.
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yet it's not translated into higher energy prices, higher prices at the pump. i'm just curious as to why. >> i think it's a combination of the hit that we took to demand. one of the reasons, we did see oil prices go negative, right, during the worst of the crisis. we have come back a long way from negative 40. but the biggest drag on demand right now, neil, is airlines. airline fuel demand is still about 40% below what it was before the covid-19 problem. so a year ago, we were down almost by half and the reason w why, people aren't flying again. we find ourselves in a real difficult decision. people are driving, they aren't taking public transportation anymore, but at the same time, they have so much diesel and jet fuel that they don't know what
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to do with it. that could cause a problem and cause a price spike for gasoline because refiners don't want to produce too much, create too much diesel and create a glut. but that could come at the expense of gasoline supply. neil: phil flynn, thank you very very much. to phil's point here, gasoline jet fuel, all the costs for airlines, that goes down so that's a good backer for them. then you have this news that the president wants to maybe work on some mini stimulus deals, not so, you know, humongous and what would be relief for the airline industry. reason why leisure stocks, hotel stocks, are doing very very well today. the opposite of what we saw yesterday when the president tweeted and put the kibosh on stimulus talks. they are up on the prospect something could be up. after this. that pottery studio. how did you come up with all these backstories?
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neil: all right. the pandemic, the virus, the president's handling of it, the argument is it's not good for republicans but to hear the pandemic itself is leading the shift in the population, that could be an ongoing problem for republicans. that's quite another matter indeed. grady trimble following this phenomena in chicago. what are we talking about here? reporter: well, we know people are leaving cities in droves and what we are talking about today is a new report from realtor.com which shows how that could impact this upcoming election and future elections. what they did is they identified four swing states that the president won by the slimmest of margins in 2016 and then they looked at who searched for houses in those areas. take pennsylvania as an example. trump eked out a win there over hillary clinton with 48.6% of the vote. since then, realtor.com found people looking into moving there
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came from predominantly blue states, places like new york, new jersey, maryland and virginia. so assuming people do move and that they continue to vote blue after they get to that swing state, the report found it could tip the scales in favor of democrats this election and beyond. they found similar trends in florida, michigan and wisconsin, all historically tight races and all crucial states. okay. apparently we don't have that sound bite. we talked to the chief economist from realtor.com who is behind this report. she raised an important question, though, and it's that this is not analogous of real estate data and not prediction. the question is is it republicans primarily leaving these big cities or if it's some democrats are they packing their politics with them and continuing to vote democratic once they missourove. those are things we have to wait
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to see. realtor.com has never released a report like this so time will tell how accurate it is. neil? neil: thank you very very much. i want to get the read on all this from senator kevin cramer of the beautiful state of north dakota, republican. as a republican, you are looking at this phenomena which it's still too early to tell whether it's true, senator, that this migration because of the pandemic could have a lot of blue folks going to red states turning the red states blue. what do you think? >> well, first of all, thanks for having me. but this is not -- well, this trend is new, there have been similar trends. much of texas reasoning or excuses you sometimes hear for them going more from red to more of a purple color is because californians have moved out to texas, or arizona or even places like colorado and montana, and they brought their blue politics with them. even though part of the reason they left california was because of blue politics or at least the policies. so i think it's certainly possible but i think also, when
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you move some place, you can either influence that place or that place can influence you. who knows how it will all turn out. it's not exact -- neil: but it could explain some of the tightening polls in those states and you have been with me many years now, talking about pay no attention to polls, you were saying that years ago, i get that, but are you worried that the trend in some of these polls, even one poll he relies on and has complimented in the past, rasmussen, which called it as close as anyone four years ago, and is now showing a president who two weeks ago was up by a point nationally is now down by a dozen points. do you worry about this? >> there's no question i think the polls are a little like the markets these days. they are very emotional depending on the news of the day or the news of the week. you know, you can say whatever you want about polls. those of us that have run for office always prefer to be up in them. and trends do matter. momentum matters, much like it
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does in a sports game of some sort. so yeah, the trend is concerning but at the same time, because it can trend that way that quickly, given that this is the trump era, that donald trump is, you know, is not just a president but a rally cry, if you will, i still remain hopeful that he can rally and turn this all around even in four short weeks. neil: we do know mail-in ballots are running at a record, four and a half million of them recorded thus far. that's up from 75,000 four years ago. we do know that they tip two-thirds democratic ballots. that doesn't mean that they vote democratic but it could be a worrisome harbinger for the president. what do you think? >> well, i think there are a couple things. first, let's not forget that we were pretty hard on mail-in voting and remote voting, those kind of things, early on as a party. i think a lot of people were sounding that alarm saying listen, people are going to vote. lot of them are going to vote by
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mail. we need to be promoting the right kind of voting if you will vote by mail. to some degree, maybe we are suffering a little bit from our own medicine. on the other hand, you know, again, it's still four weeks away. whether they vote by mail or wait until election day and vote, their vote still only counts once assuming there's not fraud and if there is, that it's caught. but also, i think, it's a little bit of a test of the mechanics of voting. remember, much of politics' political machinery, i'm a former state party chairman, it's not just about the messaging and persuasion. it's also in part the actual mechanics of voting, identifying voters and turning voters out. north dakota is not a registration state. we are the only one in the country. for us, everybody is the same when their ballot comes in. but certainly, we would rather again, you would rather see more republicans voting early than democrats voting early. neil: senator, thank you very much. good catching up with you. be well, be healthy. senator cramer, beautiful state
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of north dakota. we still have a nice rally going here. a lot of that built on the notion that you know those stimulus talks are not dead. the president reversing himself today, saying can we make this maybe simpler, can we hand out $1200 checks to folks as we did at the beginning of the pandemic, can we help the airlines. the fact that nancy pelosi and steve mnuchin are back to at least chatting on the phone about it, well, the markets like that. of course, they were stunned yesterday when with little more than a couple hours of trading to go, they got wind that the president was putting the kibosh on all of that. stocks tanked. mirror opposite today. lcolm auds got more than audiobooks. of course, podcasts. originals. bestsellers. future bestsellers. sleep stories. malcolm! the most inspiring minds. the most compelling stories. all in one place. audible.
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contagion into salt lake city tonight for the vice presidential debate, that is not the case. that will be going off as scheduled later tonight. they've got all sorts of rules in effect there. they are going to be at least 12 feet apart, there will be plexiglass there so it will not look like your typical debate but it's expected to be a lot calmer and without nearly the number of interruptions we had in the presidential debate last week although they could surprise you. we shall see. so far, what seems to be surprising right now is stimulus that seems to be back on. the president's about-face on the issue yesterday reversed a little bit when he was talking about the possibility that they could do something limited to getting relief checks to individuals and/or providing airline support. be that as it may, stocks are racing forward here. charlie gasparino on how wall street goes beyond today to prepare possibly, possibly for a biden administration if one were to come to pass. charlie, what's the latest? charlie: that's a big if and --
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but i will tell you this. based on what wall street biden supporters are hearing from the campaign, there is an incredible degree of cockiness on the part of the biden campaign right now, at least how they're relaying it to their wall street supporters that they think barring, this is the exact words a biden adviser used with a major wall street donor, barring an october surprise, they really believe they have this thing wrapped up and they are starting to measure the, you know, what do they say, measure the drapes in the white house and whatever that cliche is. but they are also starting to think of what will happen when -- if and in their view when biden does become elected. again, this is not me speaking. this is what the campaign is telling major wall street donors who are telling me. couple things here. what the biden advisers are telling the wall street guys is that the former vice president believes raising taxes on the rich and on corporations is a moral issue. he believes the trump tax code
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is a source of inequality which means he's going to zero out a couple of tax breaks that are really big for real estate investors so look at anything that involves carried interest or things of that nature that benefits real estate people like the president, like president trump, will likely be targeted in a biden administration. particularly if the democrats take the senate and again, they believe biden will take -- biden will be winning big enough to take the senate. this is what they believe, again, it's not me. they believe again that the former vice president is on a precipice of a blue wave election and they are talking about cabinet choices. it's fascinating that they would go that far now with a month to go and you know, you never know. remember donald trump was down significantly to hillary clinton this time the last time around but there's cockiness here that i didn't see in the clinton campaign. they think that barring
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something like joe biden forgetting where he is during a debate if they have another debate, that this thing is done. they point to the fact that we are not talking much about the economy anymore which is a big positive for president trump because as you know, he's done a very good job with the economy both before covid and now, post-covid, his economic package, the stimulus package, has kept this country from falling into a great depression. that's borne out in the unemployment numbers and some of the growth statistics. but we are talking about covid and that's where president trump gets lower marks with the public, particularly now that he's tested positive himself. so at least that's the pre-debate word from the biden people. we will keep you abreast and see what else they're saying if this should change. back to you. neil: 27 days. a lot could happen. thank you, my friend, very very much. you know, we are so focused on a vaccine, sometimes we lose sight
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of the fact it doesn't have to be an outright vaccine but something that can treat those who are particularly hurt by this, particularly the elderly, particularly those with vulnerable conditions. not an outright vaccine. but something that's just as promising. the news you're not hearing from the company's ceo you will be, after this. are you frustrated with your weight and health?
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neil: you know, a vaccine is one thing but what about a treatment that can help those who are already through the worst throes of covid-19 and might otherwise die? this has been found to be very effective at treating them, curing them and getting them back to living their lives. the company's president and ceo joins us right now. thank you for joining us. could you explain a little bit about what your leronlimab does to help these folks? >> sure, thank you for having me. leronlimab is a self-injectable once a week monoclonal antibody that is not new to the fda. it's been under development for six years and previous to that,
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was under development for ten yea years. as everyone heard, president trump had said that dr. anthony fauci spoke very highly of monoclonal antibodies and how potent they are in cancer, potentially covid-19 and other indications. leronlimab just completed a small trial in moderate population just like regeneron did and we had fantastic safety result and the fda and uk fda, mhra, has requested interrupt analysis from our phase 3, our other trial that is for severe and critical population. we are very positive about our result. we are very excited about the result and we are going to announce hopefully by the end of next week because fda has already given us 70 emergency approval, more than any other
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company, and we had some fantastic result that was reported over 60 patients, and some patients were on life support and were given that. so because of that excitement, we think the result's going to be fantastic. lu leronlimab was being given in hiv already and we made news when we hit our primary end point. we have fast track designation for hiv, fast track designation for cancer from fda, and because of all of those, we believe that hiv also going to get approval which we had some fantastic news for the world of hiv where we had patients using mono therapy which means they only used leronlimab and no other drug single agent -- neil: let me ask you about that, doctor. i apologize. time is tight. what's interesting is the progress you have been making and you obviously have gotten the fda's attention for these promising results, but the fda
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it seems is really kind of tightening things up a little bit here to make sure that trials, you know, are very aggressive, that the methodology you're using are all, you know, medically safe and all that, and they might delay approval from the fda as a result. not yours in particular, sir, but some of the tough stands. does it worry you? >> absolutely, neil, and we have done over 1,000 patients in cancer and hiv. the safety was so spectacular in those thousand that we got fast-track designation from fda. next week is a huge day for us because once we do our interim analysis, which is 195 patients, if we show what we showed already in the emergency ind, a randomized double-blinded placebo control, if we have positive results, i think we
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should be able to get approval not just from united states fda but mhra and other countries. neil: well, it sounds very hopeful. i thank you very much for looking into this. a lot of good news for a lot of people who sorely need that kind of help. cytodyn president and ceo. we are at session highs, over 505 points north ward on the dow. stay with us. metastatic breast cancer is relentless, but i'm relentless too. because every day matters. . .
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♪. >> all right, we are in and in and out of session highs. simultaneously gauging market reaction, futures reaction. only place to get it on fbn. now to my buddy charles payne. charles: neil, thank you very much, my friend. good afternoon, everyone, i'm charles payne and this is indeed "making money." the session highs, major indices more than making up for the late losses yesterday when president trump's tweet on stimulus opened a trap door. guess what? maybe fresh tweets opened the door to a reasonable deal. so far investors are cheering the move. we're all over the markets including the incredible trading opportunities.
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