tv Varney Company FOX Business October 21, 2020 9:00am-12:00pm EDT
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snapchat with big rally. dagen mcdowell, steve forbes, great to see you, guys, this morning. steve: thank you. dagen: thank you. maria: thank you for a great soon. see you tomorrow, everybody. hope you can seize the day. stuart: i love the seize the thing day, i'm trying, i'm trying. good morning to you, good morning, everyone. maria: good. stuart: let's get this out of the way fast, shall we? we do not know if we will get a stimulus deal, if we do we don't know how big or how skinny it would be. all i can say that speaker pelosi and secretary mnuchin will talk today. leader mcconnell says a deal has to wait until after the election. chief of staff mark meadows says in the last 24 hours the ball has been moved down the field. how is that for clarity? let's get to the election shall
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we? president trump threatened to release the full tape of his 60 minutes interview before the edited version and sunday night. he wants to show the leslie, interviewer was hostile and dismissed allegations of hunter biden as unverified. the media stacks the deck against the president. 60 minutes also interviewed joe biden. i wonder if he was asked about the emails which are being confirmed by fox that suggest china paid off the bidens with millions of dollars. so far he has not answered those questions publicly. he should because we may be electing a president under the influence of chinese money. there's another court ruling that could they an election result in north carolina absentee ballots may be counted 9 days after election day so long as they were mailed by november 3rd. pennsylvania counted the count deadline by 3 days.
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bottom line, if it's close they'll be a delay. and if there's a delay, it'll be contested and that's when things getting usually. it's time we dealt with your money. dow industrials slightly on the downside. stocks still in stimulus limbo. look at this. netflix down about, what 4, nearly 4.3%. they didn't bring any subscribers, sign-ups that is in latest quarter. snap, way up. i think the gain is about 23 we're right now. there you two, 23%. it made a profit and revenue was as they say huge. stay there, please, because there's more good news on corporate profits coming your way and we have the news on trump supporters afraid to put out a yard sign or stick out a bumper sticker and you will see the president unlearned on the campaign trail two weeks after getting the virus, this man is on fire. varney & company is about to
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begin. ♪ ♪ stuart: what's the name of it? susan: keep it coming. stuart: nice and upbeat and lively. that's accurate and okay. president trump threatens to post his own video with leslie after she was reportedly hostile with him. roll tape. >> you have to watch what we do for 60 minutes. you'll get a kick. you're going to get a kick out of it. leslie is not going to be happy. stuart: the president did not stop there. he also posted this video on the left side of your screen of leslie stall not wearing a mask
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at the white house. got more on that coming up throughout the show. promise you. let's get -- first of all, let's look at big tech because jp morgan says the technology companies could soon drown in their own greatness. susan: down. stuart: what does that mean? susan: that may be a word for you drowning in your own greatness. [laughter] susan: that's because earnings might be the signal to rotate out of big tech, jp says the slowdown in upward revisions and tech earnings, by the way, hitting biggest report card, microsoft, googlele facebook reporting next week. that suggests there's not upward revisions and there's not much upside lift weakening for the big tech and they've been recommending tech, u.s., u.s.
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china, they they it might be time to rotate and cap some of the gains and look elsewhere. stuart: there was a warning signal on the stocks. susan: 20% so far this year. stuart: you have to talk about netflix. we showed the stock earlier. premarket. down 4% plus 502, explain. >> susan: 2.2 million new subscribers, less than netflix forecast of 2 and a half million and way less than predictions. they are guided for 6 million new subscribers for the final quarter of the year. wall street was expecting more because you have tough streaming competition, disney hbo maxx, you had analysts upgrades this morning, bmo, piper sand her, --
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sandler and more raises than cuts, we will see. stuart: i think netflix has a hard time in the future coming up with new content. they need a lot of new content to people viewing. susan: netflix spends $14 billion on content and they are in better position before the virus. snap is the story of the day, 24% move in a stock like this, right, this is bringing up the rest of the social media names, facebook, pinterest, we will talk about that a little bit later. strong report card already for snap. 11 million new daily active users. at the end of september 249 million users sales increase, i counted 19 analysts up grades this morning and after the earnings highest
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45 to 45-50 for the stock. stuart: 24% gain is worth reporting you ask me. let's bring in market watcher shah galani. i'm bored about that. it never goes anywhere. let me talk about ubs, swiss bank. virus restrictions are the near-term risk not the election? >> i would have to afraid with you. are afraid if we get increased lockdowns, that's going to impact earnings and impact how folks work, get to work, whether they do work, unemployment, et cetera. i think they are right and spot on because this is the worry, the front-burner worry for investors right now near term. stuart: you've been a bull on all kinds of companies, bull on the market for a couple of years
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and you're still a bull on the market regardless of stimulus and the election and the rest of it. you think up rises continue to go up, is that what you're still saying? >> yes, absolutely. any and every dip, the deeper the dip, the better opportunity to buy. a lot of folks in the sidelines, more than 4 and a half trillion dollars sitting in mutual funds, incredible amount of money. the money because there's nowhere else to go, the fomo effect, the fear of missing out is going to bring the money back in the sidelines, every day there's more capital being created globally and fewer shares to trade. the markets have nowhere to go but up. stuart: you've been right for a couple of years i hope you're right for a couple of years to come and i hope that you have made significant amount of money on that. no comment on that. [laughter] stuart: big smile. new york governor cuomo says you
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should not travel between new jersey, connecticut unless it's essential. dr. mark seigel. sounds like partialial shutdown on travel. where do you stand on this? dock to be that's going to cost millions of dollars in our economy that we don't need, what you don't need to hear on the show. more political posturing. i think it's ridiculous from a public health point of view. keep in mind all 3 states have a thousand new cases a day, most of them mild, most of them are -- but all 3 tests are testing 2 or 3% positive, there's no main difference between the states and this kind of posturing will not decrease the spread of the virus. it only is something he does to be puffed up and -- make it look to his followers like he's acting like a leader, will cost a tremendous amount of money, very bad idea. stuart: can i just get something
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straight here. it seems to me that republican-run states are opening up and, yes, some of have more virus cases. democrat-run states are in the process of clamping down all over again and they too have more virus cases. am i right? is that the cuff here? dock to be that's exactly right. the thing that we are works is physical distancing. lockdowns have big public health cost. i'm not saying that restricting travel never has an impact like restricting travel from china initially made a lot of sense but in this case restricting travel with no public health reason has tremendous public health and economic costs. makes no sense whatsoever. by the way, stuart, before i stop, i want to say a shout-out to you for your interview with the president last week and mine the week before, in both cases he showed resilience.
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he gets to a grueling interview with stuart varney. stuart: stop it. yesterday kayleigh mcenany was on this show appearing perfectly lively and fit and well, she too has recovered from the virus. i like that shout-out. thank you very much, inteed, -- indeed. stuart: thank you. dow, s&p, nasdaq, next case. the holidays just around the corner and california governor newsom is trying to police family celebrations for thanksgiving and christmas. you can forget about indoor family gatherings. no dining table and the turkey, oh, boy. we now know that the fbi is in possession to have laptop reported belonging to hunter biden and president trump is wasting no time reminding voters about it. watch this. >> but right now he's got bigger
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problems than fracking, i think, you know what it's called, you know what it's called, the laptop from hell. stuart: all right, no one from the biden campaign is denying this story, by the way. we need answers from joe and i know that pete hegseth is fired up about it just like me. pete after this. ♪ ♪ non-valvular afib can mean a lifetime of blood thinners. and if you're troubled by falls and bleeds, worry follows you everywhere. over 100,000 people have left blood thinners behind with watchman.
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applications falling 4.6% last week but this could reflect shortage of homes on the market. builders saying they cannot keep up with demand, lumber prices are high, et cetera, refi still high, up on the week and they are up 74% from last year, so still very strong healthy market. stuart: why am i not surprised, 74% jump in refi with interest rates so low. i can understand that. thanks, lauren. new research says mr. trump has a big chance of being reelected. that's judging by the stock market, susan. susan: 87% chance of winning reelection according to socionos institution. now, 14 of those 16 times the
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incumbent has won reelection, a success rate of 87%, of course, there were exceptions to them, george h.w. bush, 1992, stock market was at 38% in previous 3 years, john adams in 1800 despite value of capital in u.s. charter banks were up 30% in the previous 5 years and the stock market is indicator they say of social mood according to research group even if the stock market wasn't established, you didn't have dow jones until 1896, you could gage. stuart: toy remember bush losing because -- >> susan: read my lips -- stuart: the guy from texas, ross
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perot. thank you, susan. tomorrow, final they, final presidential debate, it's going to be in national. here is my opinion, joe biden has to come clean about china tomorrow. pete hegseth is with us, the weekend "fox & friends" cohost. look, pete, i don't i don't i de could possibly go into this election not knowing and having joe biden not disclose what he was doing with money in china through his son hunter, we may be electing a future president who china has something on him, we can't have that. pete: we may not get the answers because the compress has completely exposed agenda which is 100 projoe biden and prodemocrat. we know that. here is the crazy part about it,
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fox news, the new york post, other outlets have verified it is his laptop, he did sign it away, they did obtain it. the fbi does have it. the e-mail is valid that takes about 10% going to the big guy in addition to what goes to hunter. from a chinese -- this is what matters, from a chinese energy company state run that after he was vice president and presumably running for president, he was willing to become a member of the board, stake hoeder of this benefit from the communist chinese while his administration's policies had crushed domestic energy, were on the cusp of limiting fracking, had sold our country out and our ability to compete on the energy front and economic front to the advantage of the communist chinese, chinese which he was happy to take the money from. if we happened to get the emails from this apple computer repair shop, imagine what the chinese have on joe biden and what they would be willing to use the
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first time he has to go anything to do which, of course, what he would never do which is why the president was right to say if you elect joe biden we have sold our country to china. stuart: as i understand it in the 60 minutes interview which was conducted with interviewer leslie that took place on tuesday, she started out saying get ready for tough questions. i think that was the general wordage and then either he or she talked about hunter biden she claimed that the charges against hunter were unverified. i mean, what's this -- didn't fox verify that those emails were real? pete: absolutely. this is a real story. the e-mail that specifically says that -- that the big guy would receive 10% was verified by someone else who received it that very e-mail and also identified that joe biden was the big guy. so think about how many times they talked about russian intelligence and the dossier,
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never said unverified or solicitous, did they in something they never looked into is unverified, they are running cover completely. this is -- this is -- we thought we had seen the worst of the media, stuart, we are seeing it right now and they will try to run out the clock as much as they can. stuart: let's see it, mr. president. thanks very much, pete. pete: thank you, stuart. stuart: facebook cofounder and other silicon valleys they are bankrolling more ads for biden, tell me more, lauren. lauren: so last-minute push, so there's a probiden super pac called future forward and they have being bankrolled by silicon valley stars, 66 million-dollar haul in just 45 days, between september and october 15th other
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funders and you know the names, the wife of netflix, former ceo eric schmit, pushing joe biden but also key senate seats namely texas where they are working to flip senator john cornyn's seat blue. stuart: they want bide on the win because if biden wins he may remove the suit against google. they are operating a monopoly. google in the tank for biden, google wants biden to win, got it. futures, please, not much moving in stock prices. this is a stimulus limbo market. up on the nasdaq, up on the dow, up on the s&p but only just. back after this.
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now. where is it going because i know you like snap. >> i do, and as you know i recommended it to viewers a few weeks ago in the 20's, look, i was the biggest bear on snap. they completely jumped the shark at ipo. today their business model, their product has really evolved and i think it's the third arrow in the social media quiver for everybody younger than you and i joining both instagram and tiktok. i think the stock trade is higher and it should be a core holding. they tremendously benefited from covid and massive increase in online shopping. i think they will continue to be a beneficiary of those trends. stuart: we will follow it, obviously. we have been following peloton vigorously, look at the chart. it's up again this morning, 132. i think you believe it's going to 150, is that right? >> i do. you know, i've been bold enough
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to give it a 150 price tactor. i'm flattered that bank of america joined my target a week or so ago. ultimately the peloton can trade, you might call me crazy, 250 and $400 a share in the next 3 to 5 years. they have such a massive market opportunity and they are winning the day. stuart: physical gyms, they have a problem, they can open up but they can't convince people to come back up in really large numbers whereas peloton at home, high-tech product, i know it's expensive but that's a very attractive product in the covid era. i think they have a lot of things going for them. is the gym era over? >> i don't know if it's over but people have a knee-jerk reaction that peloton is much more expensive but regardless $39 per month or whatever subscription plan they take, they realize
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that they are saving money but not going to the gym and using peloton at home. it's highly addictive. stuart: addictive. here we go. wednesday morning. let's see how we actually open this morning. there you go. most of the dow 30 are in the red and the dow -- this moment is down about 40 points. that's not a heavy-truth selloff as i was saying earlier. i think we are in a stimulus limbo market at this moment. as for the s&p 500, well, that's down a tinny fraction .05%, as for the nasdaq, where is that this morning, i believe it's going to be virtually flat. it is, it's up .05%. alphabet and facebook, now,
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susan, why don't you give me the latest on the google lawsuit from the government? susan: look at the stock, stock market is shaking it all off. i want to point you to code red, that's what the google-apple relationship was called inside google according to this justice department filing and partnership is at the heart of this landmark antitrust case against the search giants and this is because google pays apple billions of dollars each year to make sure that google products are automatic and they are automatically offered on iphones, it's automatically default today google and we know that's why, that's the main reason why google dominates online search by 90% and i'm supposed to google about this case and they continue to argue that it's flawed. >> we will defend ourselves. i don't know in terms of how long it takes or what the next step will be but you can expect to hear from us that we are competing vigorously and serving the american economy well,
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serving american consumers well and this case is not correct. susan: it's going to last a while. experts say it won't go to trial for at least a year, 12 months, remember the microsoft case late in 1990's, that lasted a decade. stuart: i think they are hoping for a biden win because a biden win would meet a different attorney general, a different justice department and they would go much easier on google. susan: i don't know about that -- look, but they've also been the one hammering technology in terms of what they're doing with private -- stuart: you think they care about that in the political world? susan: it's politically unattainable to not do something, maybe not big but something. stuart: won't be drastic, not if biden wins. what more do we know about this, lauren? lauren: yeah, underweight. they say remote work that has certainly been a positive for the stock, but bigger rivals zoom and microsoft teams, they
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are showing competition that's lasting. signs are being standard for business use when things go back to as close to normal. also giving them a 27-dollar price target. 7 and a quarter percent today. it was down 4 and a half yesterday, but you need to remember, year to date, this company is up about 700%. i'm sorry, zoom is up 700%. slack is up, up 200%. the year to date gains are tremendous and likely going to be a good story for them until there's a vaccine that's very available and very effective. stuart: all right, thanks, lauren. we will get to facebook shortly. right now i will tell you that facebook is up 10 bucks at 277 for susan's benefit, 4.1%, that's a huge gain for facebook. now let's talk about amazon. i've got two stories there. first off, they are extending their work from home plans, what's that about?
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susan: that's right. until next year, june 2021 for amazon staff that can work from home and previously they had said january but other technology companies, apple, allowed employees to work from home for at least 2021. twitter said you can work from home forever if you can. june of next year at least until things get better, but amazon one of the lockdown winners as we know, yeah, since they've made record profit, hired 170,000, looking for another one hundred thousand and pushing jeff bezos to become the first 200 billion-dollar man on the planet. stuart: work from home from the big high-tech companies, loads and loads of highly-paid people they don't have to give in seattle area or northern california. susan: i don't know about that. productivity hasn't proven to be 100%. stuart: work from home permanently.
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you have a major shift in income, you do. susan: you mean tax revenues. i got it. stuart: there's another amazon story. they are offering fast curbside pickup. i think all whole foods, is that right? lauren: in about one hour, 500 whole foods across the country will offer this, but, look, amazon is late to the game, wal-mart and target, they've been doing curbside pickup for months now and it's successful for them. the other issue with grocery shopping order online. i spend a lot of time and fill my cart and you get substitutions and crazy substitutions, i want blueberries, not frozen blueberries. what amazing is am done is so good with technology that even they can't get their inventory right. so they are now for amazon prime members free if you have a
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35-dollar order, 1-hour grocery pickup at all whole foods. we will see if customers bite. i think they will. it's a nice perk but you have to get the inventory right. stuart: i don't want frozen, i want fresh, that's for sure. amazon up 3 bucks. 3,200 bucks a share. now let's get to explain why facebook is up so much this morning, social media stocks rising across the board, tell us why, ashley. ashley: well, rising tide lifts all boats or as you say, stu, social media because of snap reporting the quarterly jump of 52%, 11 million users to total of 249 million daily active users. now the better than expected performance from snap has given other social media stocks a nice boost, look at this that is, facebook up 3 and a half percent. twitter up 7, snap itself 23, these are impressive and pinterest is up there too, up 10%, by the way, pinterest,
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facebook, twitter, they will report earnings next week. pinterest received a slew of performance upgrades and price target hikes ranging from morgan stanley, 47, $58, bottom line, social media has seen an upside in user growth and ad revenue, why, well, it's the stay-at-home trend, what else are you going to do? stuart: stay at home trend, what an enormous difference it has made, amazing. here is what's coming up. president trump cutting off his interview with leslie after extremely hostile. this has been a common pattern from the media. you better watch this. >> protesting in the streets, what is your message to them? >> you think you might be a super-spreader, mr. president? >> it's a statutory number. >> but is that true?
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>> why is that? stuart: meanwhile joe biden is fielding tough questions about the flavor of the ice cream that he bought and latest news on joe, here it is, he's still in his basement but president obama set to campaign this afternoon for him. live report on that later in the show and we will be right back.
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checking account paid with wireless card reader for small businesses, it's called quick accept and challenges similar services and card readers from paypal and square. i will explain a little bit later on for you. take card payments just in a matter of minutes. you can do this by using smartphones and doing contactless as i showed you in the cafeteria the other day which surprised you and also traditional credit cards as well. here is jp morgan's advantage, fast funding is offered free, that means interest free. compare that to competitors like square which typically takes longer and they have to charge a 1 and a half percent fee to make fees to instant transfers, this is the future, jack dorsey other company called square is an 85 billion-dollar company because they pioneered in 2007, 2008, paypal another contender here, leader with $100 billion plus. stuart: when was the last thing you paid for anything cash? susan: that's a long time ago,
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probably precovid. but just generational gap, when i showed you this i was surprised that you hadn't seen that before. apple pay on mobile phone and you swipe it. stuart: i've seen it before but it was so easy when you did it. susan: as opposed when you do it. stuart: we are getting bogged down. i want to get back to the headline. jp morgan says technology stocks may about to drown in their own greatness. look who is here. tech ray wang. drowning in their own greatness, does that mean they will not get as many upgrades when they report profits next week and that's a problem for them, is that the way you read this? >> i think the way they meant is earnings per share won't be there and the forecast fall a little bit and they think tech highs are at the high but i don't see it that way yet
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because i look at tsa travel numbers as indicators and the good news we hit a million passengers on the 18th which is only -- it was 2.5 million precovid. we are not there yet. that's when we might start to see rotation. here is the thing that's missing in the report, the fact that the companies if you go digital you have a future and you're taking market share from everyone else and that's what makes tech companies successful. amazon is winning in commerce but if you're wal-mart and you're going back digital you have a shot but if you're macy's and haven't played the digital play correctly, you don't. they are taking that market share and that's what the eps is coming from. stuart: you don't think the big tech on the screen, you don't think they have a problem? >> i think they are going to continue to grow because they are taking market share from competitors who haven't figures out cloud, subscription revenue, they don't have a digital business model and more importantly they are not going after the largest base of
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subscribers and users. stuart: we have eastern earnings reports from snap and netflix. tesla, they report today i believe after the bell. right now they are up nearly 5 bucks at 426, gain over 1%. where do you see tesla going? >> so tesla has got to hit 500,000 number, that's the number they forecasted for the year but in order to do that it's going to require 180,000 cars delivered in q4, we have a rough idea of what they delivered in q3, a lot has to be made up with chinese exports to europe of the model 3 or what's going to happen in california is people are going to pick up more because in california the registration determines your carpool lane. people buy the latest vehicle based on carpool stickers as opposed to any other reason. i think it's interesting to watch the numbers. i'm not sure they can hit the numbers but forecast of 6 million-dollar profit and it's going to be interesting because
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it's going to show they still have the momentum. stuart: you're watching one number, delivery of 180,000 vehicles in q4, that's the number to ray wang, right? >> that's the number i'm looking for. close to 170 would be very excited. it's a tough number, that's what he promised. stuart: we would be glued, ray, later this afternoon at 4:15 fox business will cover, of course. ray wong, appreciate it. >> take care. stuart: the hummer is back. it's electric, right? getting a lot of buzz, what do you have ash? ashley: it is, stu, the one-time symbol of gas excess is back, it was retired in 2010, being resurrected as electric super truck. gm has 350-mile range with 3 electric motors, air adjustable suspension and they diagonal
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driving feature called the crab mode that actually allows the vehicle to move in a diagonal direction if you get hemmed in parking lot you can get out. possibly ahead of tesla's cyber truck which would be sold under gmc label will come in four versions none of which are cheap, starting at 80,000 going to 120,000. can accelerate from 0 to 60 in 3 second. stuart: a thousand horsepower and 0 to 60 in 3 seconds for a truck? are you kidding me? ashley: yeah, and you can't even hear it. stuart: must have. thanks, ash. another electric car stuart. more on ev's. gary is going to show us and he will take us inside the vehicle,
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stuart: i just found out that president trump mentioned me by name last night and i didn't even know. they held it from new, however, we will cover that, pollster 2 vehicle made in china. gary will tell us all about it. go ahead, gary. >> from a new grand called pollstar that volvo runs. that's where this is made in china. you can buy it online at no haggle price of $61,200 but this is delivered through a dealership, franchise dealer not direct from the company like a tesla. right now there's 3 of those, one in new york and two in california but they'll be rolling out more. this is about the size of a tesla model 3. comes with all wheel drive, 400-horsepower, stuart, i know you like the power. this has immediate electric power when you hit accelerator. snap your neck back but it does it in a whisper quiet fashion, also has excellent ride quality
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and handling. really well prepared car and i'm a big fan of this so far, one short-coming though, compared to tesla is the range. 233 miles per charge. the closest tesla model 3 could do 353 miles per charge, for a lot of people that's going to be an issue but a lot of people really don't want to buy a tesla and right now this is really your only option as far as the model 3 is concerned. one other thing you need to get used to is there's no key, actually there is . pgh i will put your butt in the seat, the car is ready to go and you put it in drive and pull away. stuart: i'm dying to have my neck snapped back, i don't know if you can hear me. there it goes. acceleration. i've never driven an electric, electric drives very differently from a gas-powered vehicle.
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one of these days i will have to drive one and see. that's the involve', got you, made in china. [laughter] stuart: tesla, susan, a preview of tonight's results. susan: deliveries obviously but profitability is a key. we got the delivery numbers. they shipped record 139 vehicles from july to september but the question is how much did tesla make off the cars, analysts are all over the place. tesla can make money again because profitability has been a rarity for tesla and just going into that hummer report when they said the hummer is back. i thought you would -- i guess invoke arnold schwarzenegger i would be back for the hummer. stuart: a thousand horsepower and truck goes from 0 to 60 in 3 seconds and can go sideways. susan: focus on schwarzenegger impressions.
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♪. stuart: a lot of money. first book of timothy, chapter 6 of 10, for it is the love of money which is source of all kinds of evil. being a little biblical, there. in the new testament. i'm educating you there. check the market. we're up nice gain now for the dow. we picked up steam. we're up 111. nasdaq is up 94 points, the best
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part of 1%. show you big movers we're watching, snap, they reported truly blowout earnings, revenue up 52%. they added 11 million daily users in the last three months. look at it go. it is up 28%. netflix, subscriber growth slowed. they added 2.2 million the last three months. the target was 3.2 million. they got 2.2. regardless they remain upbeat. the investors are not buying it. the stock is down 5%. and now this. joe biden, must, repeat, must answer questions about china. he won't want to and the media won't want to ask those questions but we can't go into a presidential election where america's leading rival, china has something on the leading candidate joe biden. have they got something on him? we should know. we should be told. you be the judge.
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there is an email chain dated may 2017. it mentions remuneration packages for six people involved in a business deal with a very shaky chinese energy company. both hunter and his dad allegedly benefit. 20 for h and 10 held by h for the big guy. sources say the big guy is joe biden and h is hunter. that is a payoff for a china business deal concluded while joe was vice president of the united states of america. there are many more allegations but the big deal is the china payoff. at this point, biden himself has not denied the emails. his campaign simply said he did not break the law. that's isn't come on joe. you have got to open up, come clean on this. think about it, if joe biden becomes the next president, he is charge of dealing with china.
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that country helped spread the virus. that country challenged us economically. that country paid millions to the biden family. have they bought a future american president? this is why biden must answer questions. he owes it to the country to answer before the election. do not rely on the media. they're in the tank for joe. don't rely on social media. they're actively suppressing the story. they're all-in with joe. don't rely on democrats, they won't shoot themselves in the foot for heaven's sake. it comes down to the president at tomorrow's debate. he has to break through the cone of silence. that is what he is getting from the media. if we can't get answers to the bejing payoff, americans are may be electing a president beholden to china. we can't have it. the second hour of "varney & company" just getting started. ♪.
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stuart: there she is. liz peek. back with us today. always good to have you with us. i think you heard my take. i'm going on real strong here. i don't think we should go into a presidential election with that cloud over one of the candidates, how they will deal with china if that person is elected president. we can't go into the election like this. >> i totally agree, stuart. this is an outrage. it is worth repeating the fbi designated china our nation's greatest long term threat and our intelligence agencies have information that shows that china is working on behalf of joe biden. voters should ask why would that be. we thought it was because quo biden was a weak candidate who spent, four, excuse me, eight years in the obama white house basically accommodates china on the south china sea, on trade and theft of american property.
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basically never stood up to them as president trump has done but now we find there is maybe a deeper story. maybe in fact china actually halls compromising information not only on hunter biden by joe biden. in is unconscionable f that is any possibility it needs to be explored. i agree with you. president trump needs to review this tonight for the debate. they have taken foreign policy off the agenda. just for this reason. they don't want to talk about. they don't want this aired. it is out there. joe biden polling is going down in part because this story is circulating. joe biden has to address he cannot just slide into the oval office without talking about this. stuart: i think we're in total agreement there, liz peek. and i'm glad to see that because i never want to cross you. let's talk about mike bloomberg.
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he wrote an op-ed, it is in "the miami herald" and in it he says, new yorkers should know better than to vote for a huckster like president trump. now that is in florida. i think owe spent $100 million trying to affect the florida race. do you think he will be successful with a message like that? >> look i think voters are smarter than that. they know that president trump is working on behalf of american workers. that is really what this election is all about. joe biden has more money coming from billionaires like mike bloomberg than president trump has. it is pretty hard for him to argue as the candidate of the establishment and uber wealthy in this country he is really going to stick up for the little guy. that his origins in scranton really argue for that. i think it is baloney. mike bloomberg has a grudge. he has a grudge against president trump because he thinks he should be running for president. he actually thinks he should
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have run for president four years ago but it just didn't happen. he never saw his way clear entering the race. he cannot stand the idea that president trump has made this happen and he never could. that is really what this is all about. by the way, throwing $100 million into the florida race, part of which went to paying off of the fines for 93,000 felons who couldn't vote unless their fines were paid off and the explanation given they didn't have to change any minds or votes. they will basically buy them by paying off those fines. i think most people find that pretty reap prehensible. stuart: i am with you as weapon, liz. i don't think this race is over by any means. see you again soon. thank you, liz. we have economist with us, john lonski. frequent guest on the program. they say a new lockdown would be
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a bigger risk to the market than the election. do you agree with that? >> oh, that is precisely right. that is the near term only. long-term risk we have to consider the possibility of increased regulations, a stacking of the supreme court and those measures could hurt the u.s. economy longer term but near term, we definitely fear another lockdown more than anything else. stuart: we always like you could keep us in touch with the pace of this economic recovery. we're through the third quarter. you've told us it will be up about 30, 35% compared to the second quarter. well now we're in the fourth quarter. what kind of pace are we setting right now in the fourth quarter? >> well it is impossible to maintain growth of 30 to 35%. perhaps for the fourth quarter we're slowing down to a range of 3 to 4%. i'm being conservative there but
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there is every indication that the economy continues to climb out of the covid-19 hole that we're going to continue to see rising rates of resource utilization which is a fancy way saying that the unemployment rate continues to move lower. and our use of manufacturing capacity continues to rise. you see that in the equity market. some of the strongest performing sectors are business cycle sensitive. three it or not, stuart, i look at the stock prices of 11 companies for the motor vehicle industry. and for the fourth quarter to date, the median price gain for those 11 motor vehicle stock prices is 18.9%. the market thinks we're going to do better and i think the market's right. stuart: that is extraordinary. hey, john lonski, thank you very much, sir. i'm sure we will see you again soon. >> my pleasure indeed. stuart: all right. a stimulus package is unlikely to get through congress before
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the election. who says that? susan: goldman sachs says it is not likely to happen and when gold branded investment bank on wall street says that you have to pay attention and listen. goldman says talks continue the issues at hand appear to be too big to resolve. if that fails, then stimulus will be decided by the winner of the election. nancy pelosi says differences narrowed but talks continue through the rest of this week. mitch mcconnell said there should be no deal before the election. mitt romney, any package bigger than 1.8 million unlikely to pass through the senate. the ppp could be funded through piecemeal deal, include more jobs for americans. maybe that skinny 500 billion-dollar package. i don't know. unlikely it passes. a lot of unknowns out there. stuart: the market is saying we will get a lot of spending, heavy spending after the
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election no matter who wins. susan: right. stuart: that is what is propping up the market i think. susan: i think also people are holding steady to figure out who wins the election in november. stuart: sure. susan, i'm looking down at my list here. i see alibaba is up nicely. susan: yeah. stuart: $312 a share. what is the news? susan: there was big news just confirmed, investors and wall street have been looking for this, alibaba's payment arm is confirming they're going ahead with their massive ipo that could raise $35 billion. that is a lot of money. remember alibaba raised $25 billion on the new york stock exchange in 2014. that was a record-breaker. this is $10 billion more than that. the it should take place the end of this month, next week and we'll see how it does. this is big news. stuart: alibaba is the amazon of china? susan: that's right. biggest company in the world, bigger than facebook with $800 billion worth of market cap.
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stuart: the stock has done extremely well. 312. president obama hits the campaign trail today while joe biden remains holed up in his basement. we're looking at election unrest. we have the story as well. we have a guy who believes we will get a result on election night? really? he will make his case as the second hour of "varney" continues. ♪ non-valvular afib can mean a lifetime of blood thinners.
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s&p up a half a percentage point. that is the state of the market. how about netflix and snap? two very different stocks. netflix is way down 5%, and snap powering ahead up 30%. susan: an effect for other stocks as well. let's start with netflix because it was disappointing with only 2.2 million subscribers. less than own forecast. 2 1/2 million signed up for the subscription in the third quarter. way less forward. only forecasting 6 million new subs. for rest of this year. wall street was hoping for more than that you have tough streaming competition. disney plus, hbo max, peacock. there is less motivation to only spend on netflix. despite that, does it surprise you a number of analyst upgrades this morning. let's show viewers what the analyst community is saying. bmo, jeffries, rbc raising their price target. bmo slapping $700 on the stock.
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stuart: have you noticed something? susan: what? stuart: all the analysts are disappointed because netflix missed. oh, that is the news, they missed. susan: yeah. stuart: but those same analysts but the damn thing is going to $700 a share. susan: more cuts, moreses than cuts. netflix is dragging along roku down with it. on the upside there is snap up 30%. quickly go through this. because it was a stellar report card, strong despite high expectations already on the market. 11 million more daily actives. you're looking at 248 million from snap each and every day. look at analyst community call. i count 19 analysts upgrades on the stock price after earnses this morning. 50 bucks from rosenblatt. the average is $45. facebook is up 4 1/2% on the back of it, pinterest and other social media outlets. stuart: i hear you. i listen to the analysts.
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always listen to the analysts and their expectations. that is important. now the election a pollster who correctly predicted trump would wayne in 2016 is saving he is on track to win again. hillary vaughn joins us from nashville where the debate will be thursday night. hillary, i want to know about the rise of the secret voter this is part of this pollster's prediction. reporter: this is something the biden campaign and trump campaign both internal polling are warning the race is a lot tighter than public polling would suggest. this new survey out of university of new hampshire seems to reflect one of the reasons this might be. this survey says there is essentially a secret trump supporter because a lot of them feel the need to hide their support for the president. 68% of trump supporters say they strongly or somewhat agree that they would not put a trump sign in their yard and 64% of them
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say they would not put a trump sticker on their car. while both campaigns are really indicating this race is lot closer than what is publicly acknowledged in some of the polling that puts a lot of emphasis on this debate tomorrow night. and there is some concern about some of the topics that is going to be discussed. it is tradition for foreign policy to be a large focus of the final presidential debate. but a lot of topics are a lot what we heard about the last debate. talking about race relations. talking about covid-19 concerns and talking about the economy. the trump campaigns thinks that is essentially the commission providing cover for the biden campaign to stay away from foreign policy that things like hunter biden's alleged laptop is not something that is brought up on stage. stuart: yeah. they will protect him if they can. thanks very much, hillary. i want to bring in michael mcdonald, he run as website called the u.s. elections project. he tracks who is voting where
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and when. michael, you say we will have results right after the polls close on election day if florida gets its act together. go through it, please. >> yeah. florida reports back 99% plus of its results on election night. those mail ballots have to be back into election offices by election day. florida has had a large volume of mail ballots in the past. election officials know how to process those mail ballots. so i expect, unless we're in a recount situation in florida, we've been there before, unless we're in that situation, i believe that the networks will be calling florida on election night. and there i will where other states like that too. stuart: what about north carolina? a court just ruled they can still count votes that arrive, i think it is nine days after november 3rd election day. pennsylvania they can still count them if they arrive three days after election day, so long as they were mailed on or before
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election day. wouldn't that tend to spin things out? if it is close, you will have a nasty fight over what is a valid vote and what's not. >> right if it is close. but for a state like north carolina, they are preparing their ballots for counting right now. so any votes that come in before election day and any of those mail ballots, there have been a lot of them, those will be in the election night reporting. so it is only these ballots coming in after the election. pennsylvania, however, they can't count them until the election day itself. it is going to take them longer to count those ballots even if they come in before election day. stuart: we understand that roughly 38 million people have already cast their vote and we're looking at whether they're registered democrats or registered republicans but i don't know what that split is. i'm sure you can tell us but it doesn't mean to say if you reggered at a democrat you vote democrat or if you're registered republican doesn't mean you vote republican. doesn't mean that, does isn't
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what is the split anyway? >> right now registered in the democrats in the mail ballots are running two to one advantage over the republicans. it is very unusual. we're seeing very high volume of mail balloting. that is unusual too. usually republicans have a lead in mail ballots. we're getting in person early vote from various states, that is where democrats usually do well, you're seeing it a little bit more republican. so we still have a couple weeks to go in this election. we need to see where all these ballots play out and the different modes people are the verying in. people are clearly shifting their behavior. so let's see where we are the day before the election. i think we'll get good data out of colorado and nevada. their party election states that are all mail ballot election states. those will give us a good read on turnout and a good read on the partisan split in those states. we can look back to 2016 to see if there has been enthusiasm
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shift in the electorate compared to 2016 that might give us a read on what over all direction will be nationally if there is a national swing. stuart: michael mcdonald is not prepared to call the election now. that is a fact. >> no, no. stuart: thanks, michael. see you again soon. retailers, retailers across the country bracing for election night chaos. what is this all about, ash? boarding places up? ashley: it is pretty sad. police in chicago running response drills, warning retailers to beef up protection, security experts say the u.s. presidential election could ignite more violent protests. retailers are on edge after looters smashed windows, stole merchandise, set stores on fire in chicago, new york, los angeles, portland and all kind of other u.s. cities. along chicago's magnificent
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mile, we've seen grady trimble, jeff flock reporting there, in the shopping district, some stores are still boarded up following riots and looting. luxury stores like gucci and louis vuitton are still covered in plywood. more than two dozen security consultants, insurers, contractors, store employees telling reuters that the companies are installing reenforced glass, can you believe. hiring security guards or retaining on call teams to barricade and board up buildings. it is all very sad, if you ask me. if the last quarterly report, foot locker, for instance, it racked up $18 million in costs from quote, unquote, social unrest. looters target sneaker sellers because their products are easy to carry away and turn into cash. but there you have it. retailers, a little nervous about the outcome of the presidential election. whether indeed more violent protests and looting could
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result. pathetic is my response to that. and sad. stuart: i'm with you, pathetic and sad. i wonder if -- okay, if trump wins, let's not get into it. ashley: yeah. stuart: ash, you know where i'm going. ashley, appreciate it. now there is new stock market research suggesting trump has what, an 87% chance of winning the election. what would charles payne think about that? i'm going to ask him because he is on the show shortly. the battle over the next round of stimulus drags on and on. i say this is really about who gets the credit and who gets the blame if there is no stimulus. we'll ask all of this to georgia congressman barry loudermilk. he is republican and he is next from georgia. ♪
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the experts but they got it right. you drawdown of a million barrels. that is exactly what we got. right own the money. oil has been around 40 bucks for 28 years feels like it. we talked it, stu, frackers, shale industry, a lot of consolidation is going on. they can't survive by themselves with oil prices at 40 bucks. stuart: i don't know if you saw this, aaa says the average price of regular gasoline is staying at $2.18, $2.19 across the board. constant like the price of oil. of course in california you're paying 3.30 for a gallon of gas. lucky people. next case, speaker pelosi, secretary mnuchin they're going backwards and forward on another round of stimulus. to me it is all about who gets the credit and who gets the blame. why don't we bring in, barry loudermilk with us, georgia
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congressman. it is all about politics. who gets the credit, look what i did for you. look who gets the blame. that is exactly what it is all about. >> that is exactly what it is all about, stuart. what nancy pelosi said, the number one priority is to defeat donald trump. it is imperative we get a new president, that is what she told c-span. that is what her priority is. the last thing chichi wants a rose guarden signing ceremony days before the election where donald trump is doing another stimulus package. that is why she hasn't been willing to negotiate over the past several weeks. when we were back in washington in late september she said we will not recess until we have an agreement. three days later we recessed for the entire month ever october. she does not want a stimulus package and will sacrifice the country for it. the only reason she is talking right now because a poll came out last week a majority of americans blame her and house democrats for the reason we don't have a stimulus package.
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which is true. stuart: one thing to blame here, if we don't get a deal, if speaker pelosi doesn't come up with a deal because there is no deal on bailing out badly-run democrat states. that is what it is all about. that is a must-have for the democrats. >> it is. when you honestly negotiate you pick out those things awe agree upon, say let's move with those. over in the senate they tried to bring up two targeted bills that the democrats have shut down. one would reopen ppp. there is $138 billion in ppp unspent we need to reopen the program. we need to rework the program slightly to make it where some businesses need it most can get a second line of loans that built was held up in the senate. there is another cares two act gives liability protection, more money for fighting covid. the democrats won't let that through. speaker pelosi doesn't want any of that unless she gets big
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spending for badly-run states and cities as you put it but i would suggest if the president offered her everything she wanted and more she would move the goal post because she can't allow him to have another perceived win t won't happen. stuart: i think you're absolutely right, your state, georgia, 142% increase in mail-in voting compared to 2016 but in your state, joe biden leads president trump by i think about 1%, something like that. any indication from the early voting which way georgia goes on november 3rd? >> look, stuart, i think georgia will be a big win for republicans and the president. when you look what happened in 2016, the intensity the excitement, the motivation that was on the ground for donald trump then, it is quadrupled right now. we've seen long lines, not just in atlanta, but in rural georgia, which was strong republican areas. so it is a huge turnout. i think a lot of the turnout is for the president. when he came here friday with just a couple of days notice,
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thousands of people showed up. we've had donald trump, jr. and ivanka here in the metro atlanta area. huge crowds coming out. there is a lot of motivation, there is a lot of activity. of course there will be a lot of democrats coming out i think the intensity of this election is so far beyond what it was in 2016. stuart: you're right. you're absolutely right there, congressman. i'm sorry i got to run. thanks for joining us, barry, we'll see you real soon. >> thank you, stuart. stuart: i picked up something here. bitcoin, that is a rally. 12,700. susan: highs of the year. paypal is joining the cryptocurrency trend. paypal will allow customers to buy, sell, hold bitcoin and other virtual currencies using the company's payment wallets like venmo to transfer cash. you can use bitcoin and crypto to shop at 26 million merchants and businesses on the paypal
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network. that is important. it's a big deal, when bitcoin is coming out of the underground and getting more mainstream acceptance. >> honestly, susan, you can say i'm behind the times. how you pay bitcoin through paypal, how do you establish the price. if you buy a pizza, what is the that in bitcoin? susan: i don't think that is the question you get at. price is established. it is also backed by fiat currencies under the paypal system. one bitcoin, you can slice that into certain shares or percentages. stuart: what value of bitcoin we take? that value at precise moment or opening value that day or closing value of that day. you have to have a price. susan: they trade around the clock in different valuations as well. stuart: how do you do it? you're a pizza joint. you run a pizza joint. hold on a second, producer i have to get to the bottom of
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this. you own a pizza parlor, right? susan: yeah. stuart: you accept my paypal payment in bitcoin. susan: yes. stuart: what do you charge me for the pizza? susan: okay, if a dollar is worth, let's say, we're using yen and -- stuart: we're using bitcoin. susan: same thing. let's say it is $12,720. stuart: that moment in time that moment when i buy that peas you're going to check the price of bitcoin and tell me therefore the price of the pizza? susan: in bitcoin sure. slice its up about $20. how much is $20 worth of 12,007, i can do that, i'm dying to buy my sausage pizza in bitcoin. susan: you have paypal and square and other, robinhood apps is accepted as well. stuart: okay. i'm dying to buy that pizza. thank you, susan. now i say joe biden just got to come clean on china. who knows what they have got on him. our next. >> guest: will do something about it. is doing something about it.
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stuart: at times like this we really like to check those work from home stocks. they're up, down, all over the place. what do we have today, lauren? lauren: sew so look at slack. it is down 5%. morgan stanley downgrading slack to underweight from equal weight. slack allows you to email, work from all in one last. morgan stanley saying zoom, microsoft teams has more lasting impact but probably better going forward for the larger businesses. zoom is up 700% this year. docusign is up 200% this year.
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slack it is just up 27% year-to-date, stuart. i don't know if that tells the story. some will be winners more than others down the road. stuart: lauren, i missed every single one of them, okay? lauren: i know. stuart: i told you many times. lauren: you're not alone. stuart: you got it. back to joe biden now. look, we know that two senior trump administration officials told fox that the fbi is in possession of hunter biden's laptop. they have got emails on ukraine. they got them on china. christian christian whiteton former administration official. he has to come clean about the money from hunter through china. what do you think? >> we'll see the state department, department of homeland security, both agencies have had ample time to turn over their records. we're doing this on apple daily, which is like the
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"new york post" of hong kong, investigations and news and for real for people who are real in plain and simple language and we want to know what hunter was doing in china, especially if he was helped by the state department's bureau of diplomatic security or the secret service. they have records. we want to know who he met with. especially michael lin who appears to be the money link in china, who is close to a member of politburo in china. this is sort of the latest case the executive branch, the trump administration possessing emails that and records very important to the public which they can release today but you have, despite presidential sentiment, you have cabinet agencies are dragging their feet releasing information that the american people need to know. stuart: we do need to know because we want to snow if we're about to elect a president who is compromised by china, our principal rival, our main competitor. we really have to know. but you can't guarranty you will
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find out all this information before the election, can you? >> no. that is the problem again. if you look what ric grenell did for director of national intelligence a couple months, he got more information out than pompeo and previous attorney general did. they can just do this tomorrow. the head of an agency has declassifying authority. there is no real reason to classify anything having to do with hunter. he was not part of the executive branch. this could be done tomorrow. hillary's emails for the last influencing pedaling organization that she ran and was setting up during the obama-biden administration we still don't even have all the information on that. you've done business in china. you were in hong kong, stuart. you know that even with having the vice president as your father, you can't walk in there and walk out with hundreds of millions of dollars, perhaps more than a billion dollars without some sort of connection. we think that connection might be michael lin. we've done some reporting on that. we would like to know what the u.s. government knows in terms of hunter being squired around. stuart: good luck with your
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quest, christian. even though you probably won't get the results before the election. good luck with it anyway. >> thank you, stuart. stuart: check the vaccine makers. this is a story we follow all the time. it is of major importance of all the markets. i see them down today. ashley, you're looking into security that might be needed to protect vaccines when they roll out? >> yeah. this is another one of those pathetic and hard to believe stories but one of the biggest concerns over covid-19 vaccines is the threat of theft. so much so, get this, that the pfizer is deploying software for tracking distribution and plotting fake shipments in dummy trucks to try to confuse the criminals, remarkable. glass-maker corning is equiping vials with black light verification to stop counterfeiting. hospitals are beefing up pharmacy security systems.
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authorities say professional thieves have a long history of targeting medicines. they have already stolen covid-19 tests, mask, personal protection equipment. the u.s. department of health and human services has already arranged for u.s. marshals to accompany shipments of vaccines which are currently stored at undisclosed locations which is a good idea. despite all of these measures, specialists say the shots could be vulnerable of theft to weak links in the chain, distribution centers, truck stops and hospitals with lax security. consider this, stu, worldwide over the past five years theft and counterfeiting of pharmaceutical products has gone up nearly 70%. it really is a threat to, that these vaccines could be stolen and then sold for a lot of money on the black market. stuart: that is a very important story, ashley. glad you brought that one out, because that is important. my goodness me. thanks, ash. california governor newsom banning big indoor gatherings
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stuart: governor gavin newsom, california has announced he is banning indoor gatherrerings for the holiday season. look who is here? will cain, "fox & friends" weekend co-host. will, these restrictions are getting out of hand especially in california, i think people are saying stick it, i will not live with this, i will break out. what do you say? >> i say we're well out of hand, stuart. i hope you're right. i hope people don't give into this kind of a, fear, b, authoritarianism that rises when a society comes down with fear. i want to go through the details, stuart. going outside honestly is the least of it. governor gavin newsom's regulations asks the following, thanksgiving gather gatherings no more than three in the household. no more going to the grandma's
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house with three households. evens you mentioned it, going outdoors, even at that staying six feet apart. we're not done. your thanksgiving dinner should be apportioned in single serving portions. if you can't do that, if it doesn't come you know, prepackaged, only one person should be standing there, doling out servings. we're still not done, stuart. at that, we should limit our gatherers to two hours outdoors six feet apart, single serving portions that is it what governor gavin newsom regulating for california residents. stuart: that makes california, the governor a laughingstock. as you said, as i said, that invites people to say stick it. i'm not doing this. >> i hope so, i truly do. you would think that the american spirit, one much independence, one of honestly some, some willingness to push away this kind of authoritarianism -- i want to take this for just a moment, stuart. i know you believe this, as do i. coronavirus is something to take very seriously, americans can be
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rationale about that protecting vulnerable populations this is not an answer. this society has lost our way. if this doesn't bother you have lost your way. stuart: where are we going next? i don't necessary necessarily tt works. stuart: stay six feet apart. only one person serves it out. these households maximum. you've gone through the list there, will. >> right. stuart: i don't think this sticks and i want to know what happens. what the devil happens here? >> where does it go? where does it go? what happens, stuart? honestly we don't have an answer to that, we have never gone this far into insanity. does it work? you point out would this really stop, would this squelch the coronavirus. i don't think we can reduce ourselves toe zero transmission rates even with this kind of insanity. that doesn't work. that doesn't take into the other side of ledger, our costs,
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mental health, psyche, coming depression, if we don't open up to regain some sanity, stuart. stuart: will cain, don't be a stranger to this program, please. >> thank you. stuart: i will volunteer come in on the weekend to help you out. >> love having you. you're always invited. stuart: will, thank you very much. see you soon. >> you bet. new details on the closure of theme parks in california. now what, lauren? lauren: okay, so finally we have guidelines from health officials in california on how theme parks can reopen. i don't think they're going to reopen anytime soon because these guidelines are so restrictive. disneyland doesn't think it can meet them until maybe next summer. these are the rules. yeah. disney can open when the county it operates in, in this case orange county, has one new covid case a day before 100,000 people, okay? that is hard to do. disney is slamming california.
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they're calling this decision unworkable and say they hold them to vastly different standards than other businesses that have been able to reopen. and when they can reopen in california, capacity 25% is the limit. so it is not even like you can make money at that point. stuart: california continues to amaze. lauren, thank you very much indeed. got a big show coming up for you. we got charles payne. alyssa farah. you have my take on the president and "60 minutes." he should indeed release the tape before they do and edit them. third hour of "varney" straight ahead. ♪
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it's a choice from our plan to kill the virus or biden to kill the american dream. >> the president is always right to say if you would like joe biden we have sold our country to china. >> our intelligence agencies have information that shows that china is working on behalf of joe biden, democrats do not want this aired. >> investors are weary of the lockdown and afraid in terms of earnings if we get increased lockdown and across the united states, that will impact their earnings and impact whether they do work. >> were now in a situation where 43 states are on a travel
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advisory. >> it's more political posturing, i think it's ridiculous from a public health point of view, it will cost a tremendous amount of money, very bad idea. >> we fear another lockdown more than anything else ♪ ♪. stuart: i like that jason, kinda like that. sports fans it's 11:00 o'clock on the east coast, wednesday october the 21st, that means 13 days until the election and one day until the final presidential debate tomorrow night in nashville. check the market, where are we, we are up pretty much across-the-board, not that much, nasdaq up 26, down 27, s&p up six, that is the opener for this hour, now this.
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i hope the president does release the full tape of his interview with 60 minutes leslie and i hope he does it soon before the edited version goes public on sunday night, we are told right at the start of the interview star warned the president to get ready for tough questions, i wonder if 60 minutes warned joe biden about softball questions, he is on the show on sunday night and we are told that the claims about hunter biden are not verified, this is a vital election issue because as we said earlier china may have something, something on a future american president and the allegations are dismissed, the e-mail suggests that the bidens took millions from a corrupt chinese energy company 60 minutes asked joe biden about
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that? did they ask if joe knew about that, i want to know, this whole thing fits a shameful packing, the hate filled media will do anything, say anything to defeat president trump, the town hall last week in the debate tomorrow night slanted against the president, the media never presses joe, always insults and demeans the president, social media conservatives using their monopoly power to keep them off of your newsfeed, it goes on and on and on, release the 60 minutes for tape and before 60 minutes edits to suit their bias, the third hour of "varney & company" about to begin. ♪ politics behind for just a moment and talk more in terms of money, the gentleman on the right-hand side of the screen is jason katz with ubs, ubs your organization says that virus
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restrictions are the biggest near-term risk to the market, not the election, are you on board with that? >> wholeheartedly, we talked about this countless times, the reason for the fed being so supportive, the reason for the stimulus limbo that were going through right now is to get to a vaccine and reopen the economy, without reopening the economy, how are earnings supposed to go into the 55% rally that we've had off the bottom, it all boils down to the health of our country but clearly we need the economy to continue to reopen. stuart: i don't like the way it's going we just had a segment on extraordinary restrictions being put in place in california and we hear that governor cuomo of new york restricting internal travel between connecticut, new jersey and new york, these are more restrictions coming on board, not a good sign for the market i would say. >> is certainly delays the ultimate recovery, which i think we will get, human nature,
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business nature is such that we will find a will, there will be away, we will reopen but the impediments are slowing things down. stuart: you say regardless of the election outcome, healthcare stocks are the way to go, make your case on that please. >> it is simple, since the 2016 election this is been a hot topic, you look at the valuations of healthcare stock, their multi-decade lows, we think medicare for all is very likely off the table price reforms are largely discounted but think about this, the population is aging, it is growing, the constituency of people that need health care services is growing exponentially, then you think about coping, we've seen an incredible acceleration in terms of time-to-market for vaccines but think about the r&d the r&d suspended as a president, and the byproduct of that, the
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beneficiary not only vaccine in treatment for covid but developments for cures for cancer, medical devices, so on and so forth, that is a group that is defensive in nature and very investable. stuart: d of a particular area of the healthcare industry and mines like the hospitals or the vaccine makers or the drug companies, big pharma, any particular area that you favor? >> telemedicine for sure, things that has accelerated by covid, technology meeting industry like healthcare, meeting industries like industrials where you have the internet of everything, integration of technology and medicine, telemedicine and particular. stuart: were trying to wrap her arms around what changes to our lives and our lifestyles will occur when this epidemic and this pandemic is over, i don't think we quite know just how profound the impact is going to be, th what you wrap it up on tt
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please. >> without a doubt the way that we play and we work and consume data and communicate with one another, that is forever chang changed, the human element of how we do business and interact well entirely be flipped on its head, i do think we will have a hybrid approach, finding industries that capitalize on that is the way to go as an investor. stuart: jason katz, thick for always being with us at the pandemic we really appreciate it. thank you. stuart: next, president obama is going to hit the road and campaigned for his former vice president, jacqui hein reaches live in philadelphia, this is a drive-in car rally, why is obama in philadelphia specifically. >> a portion of the former president's remarks will be directed toward black man highlighting the importance of african-american turnout in philadelphia which caused in part hillary clinton's loss of the state in 2016, although she
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won the philadelphia area, she did not win by as much as she needed to and less of a share of obama in 2012, he will try to drive up turnout to bring obama in victory, philadelphia played a big role in the presidential campaign to give a pivotal speech as a candidate and 0 eight and carried the state in the election and also in 2012, and 2016 he made the first solo for hilliard clinton lane into president trump in a speech and then this past august he delivered a rebuke of president trump from the city accusing trump of playing on racial fears and stoking division, this will be obama's first in-person appearance on the campaign trail for joe biden coming less than two weeks before the election. he has been praising his former vp virtually like a popular podcast this month. >> that is not as strict, that is who he is, that's part of the reason why he was always late because i was pretty good and if
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i were campaigning, i would've been given everybody a lot of attention, i would be at the end of the rope, he was a third of the way through. >> obama will urge people to vote early and make a plan to vote as the state has been the home of a few ballot disputes and also voting lawsuits the selection. stuart: thank you very much indeed. that is the biden campaign strategy with 13 days to go. stay at home. that is it. steve cortes with us now, trump 2020 senior advisor. the president is barnstorming all over the country, it looks like biden's basement strategy is working because he is in the lead and most national polls, his strategy is working. i see you smiling, but he is winning without a strategy, go at it.
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>> as you all know, it's not a national election its electoral college and election of states when we look at the battleground states that matter, let's talk about pennsylvania which you were talking about because president obama is going there today, he's going there because that race is extremely tight, even if we use public polling and i have a lot of problems with how many public polls are constructed, if we take public polling and look at the clear politics average of pennsylvania polls we have cut his lead in half and just the last week, he has lost 4% of his support in pennsylvania, it's now down to 3% lead, that is the polls that i don't necessarily accept as valid but the point it is tightened dramatically. when we look at the battleground states, if i set aside my partisanship for moment i think all the battleground states are in play i think they can break either way but the momentum and up a bipartisan hat back on, the momentum is in our favor for two reasons, number one the economy as you well know the economy
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continues in the economic renaissance continued to flourish across this country, it's amazing and defined the skeptics, not my opinion. secondly defining who her opponent is, he has hidden away for an entire week for the most explosive story of this entire campaign while he cannot hide tomorrow night, he's going to have to face the music in the music city and national whinnies on stage of president trump president trump is going to prosecute the case against him, he will do with the corporate media will not do and asking the tough questions, we know that joe biden is fully aware of his son's corrupt and nefarious business deals all over the world with the most shadowy and frankly lethal enemies of the united states around the globe, what we also need to know, hunter biden correct, and his e-mails said that the big guy who is his father was not just aware of his shady business deals but was a participant in them, a financial beneficiary of dirty money coming from
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communist china, if that is the case, and joe biden needs to answer these questions he is totally unqualified to ever be the commander-in-chief of the greatest republican history. stuart: the president is going to bring it out tomorrow night because nobody else will. steve cortes were out of time but you got all in. thank you, see you again soon. check the markets please, right across the board now, were hearing reports that investors are zeroing in on joe biden's narrow we lead over the president's before the gap is closing a key battleground states, 2016 reminds us is not about the national polls but the electoral college, real clear politics show key battleground states biden lead narrowing only down to 3.9 percentage points but down from five percentage points last week, this is important, this means president trump has the momentum heading into election day and some of wall street think a victory will mean less bedding in both cases
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whether biden or trump, they've come out with specific targets for the s&p 500 depending on who wins, if biden wins the s&p 500 will hit 3230 by the end of next year end companies will make less money in taxes will go up in higher corporate taxes will happen until 2022 and here's a look if trump wins 3300 and making more money for companies. stuart: i just want to know who is going to win, simple as that. any report says the market is leaning towards a trump when, i want charles payne take on that, he is coming up and there is president trump suddenly cutting his 60 minute interview short, i don't know about that, he went over time and then he left, he has said that leslie star on your screen was hostile to him and that's why he walked out, we will get into that and we are just a day away from the debate, we will have a live report, it is the third hour of "varney", we're just getting started.
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♪ how doug and limu roll, ya ♪ ♪ you know you got to live it ♪ ♪ if you wanna wi... [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ stuart: president trump walked out the 60 minute interview, now he's starting to release the full tape before the edited version airs on sunday night. watch this. >> you have to watch what we do 60 minutes you'll get a kick out of it. you'll get a kick out of it. leslie stahl is not going to be happy. stuart: white house communication director alyssa farrar is with us.
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were you in the room for that conversation. >> i was for part of the conversation and what your viewer should know, the president gave 60 minutes more than 45 minutes of his time, my colleague tried to wrap several times, he's the president of the united states it is time is incredibly valuable in 60 minutes was not happy that we weren't willing to give them more and i would note it's a 60 minute program and they still needed to talk to vice president mike pence, the biden campaign and senator harris, they had more than enough to work with and we did not think it was a good faith interview so were open to considering releasing our version of it. >> what she hostile. >> she was hostile and i got respect for her as a journalist but this is not how she would question joe biden, i think reviewers would be very interested when airs this weekend and the type of questions that he gets asked versus the questions rated by
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many journalists. stuart: when we watch 60 minutes on sunday night we get the edited version, 12 or 15 minutes out of 45 minutes. how do we know were getting an accurate view of the entire interview, i honestly think the president has to release the full tape. >> absolutely that's a concern with any sliced and diced interview, we recorded the entire interview ourselves and were open to the president xi to considering releasing it and we may need to do that, and this president does not shy away from media coverage, after he did that interview he sat for an hour on camera with eric boling to talk to affiliates and they did in hour and a half long campaign rally open to the press were not afraid of answering tough questions, president trump certainly is not but we want to make sure that acuity represented by the media. stuart: do you have any idea through the grapevine so to speak which questions were asked
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of joe biden because he was also interviewed by 60 minutes in his interview will appear edited on sunday night, did the grapevine tell you anything of what questions was asked of him. >> you been made aware of interesting softball questions, i'll be curious if others in the media asked about his ice cream orders as opposed to whether or not he will back the supreme court or for fracking in pennsylvania and elsewhere. stuart: what about hunter biden, what about china, if you don't ask him about that, it's not a real interview a week before the election. >> absolutely, we have another presidential debate coming up, we hope that kristen walker with nbc will ask tough questions of joe biden, but if she doesn't the president is ready to pose the questions directly to him because the american people deserve to know especially on hunter issue, are there concerns about beholding to china and some way and one of the u.s.
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biggest adversaries and competitors, we need answers to these questions. stuart: i think you might get added support for mr. trump, because it is so obvious the deck is stacked against him, whether the mainstream media, the social media, the democrats, does not matter, totally stacked against the man, we've lost free debate and free speech, i think that's an issue very much in trump's favor. >> i completely agree, the fact that he has sat down for the openly hostile interviews and had savannah guthrie last week, the 60 minute interview, he is not trying away from tough questions but i do think the public sees how different he is treated by the media than his democrat opponent. stuart: i know you're busy but we appreciate you being with us this money. thank you very much. see you again soon. as we were saying, the last presidential debate is tomorrow night, we have griff jenkins live, will this be a repeat of the last to be questioning.
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>> good morning, is 64000-dollar question everybody is talking about here, if you ask the local newspaper, the tennessean, here's what they say, bracing for a brawl in belmont debate, let's expand when they take that view and that is because this change of the commission has made is not a mute button as is being dubbed but it will be after the first two minutes when the candidates asked the question, the other two minutes the microphone will be down but in the format which will be 15 minute segments, that means for the remaining 13 minutes of each segment there will be open discussions, both microphones are hot and nothing to stop the cleveland chaos from erecting, add that to that the differing opinions of the candidates to this change, biden off the campaign trail didn't interview with a woke of wisconsin station and here's what he had to say. >> i think it's a good idea, i think there should be more
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limitations on us not interrupting one another. >> president trump disagrees, yesterday on "fox & friends" accusing the commission of muting his mike last time in 2016. >> donald trump, mr. president thank you for joining us. >> thank you. >> mr. president they set on a conference call you said over the last three weeks you have a different feel for the campaign, you really feel like you're going to win, what changed. >> a lot of things are going very well, i think he's imploding if you look at all the corruption in his family, his tremendous corruption, nobody's ever seen, the laptop nobody has ever -- >> that's a little different but basically the president thought he was muted last time but here's the thing, it's going to get feisty, what we learned in cleveland is that these candidates don't like each other there will be a disagreement on the topics, this is what the moderator nbc kristen walker says they will be fighting covid-19, race in america, climate change, national
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security and leadership, but here's the deal will hunter biden story come up and will kristen walker raise it and where does he do that, that is certainly going to add to this very different campaign with just 13 days to go, you have one candidate off the campaign trail having his running mate and former president obama to the campaigning while president trump crisscrosses the country holding rally after rally. stuart: you got that right. good luck. see you soon. griff jenkins. now were outgoing on the campaign, remember when joe biden said this to radio host, roll tape. >> do you have more questions, give a problem, figured out whether your for me or trump and you ain't black. stuart: that radio host is about rising black support for trump. we will bring you the full story
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to some stock market researchers at an outfit called the social economic institute president trump has an 87% chance winning reelection, how about that, charles payne is with us the host of making money. these guys are looking at historical path, they are looking backwards, i want to know your prediction for the election. >> why did i still think the market indicating president trump will be reelected, i think one of the things that i've seen recently and the media is when people have looked at the market and posted it against polls when the market is its own pole, the stock market does not react, it reacts to its own internal feelings and as long as we have the upward bias, even though there's obviously some anxiety i think it's indicating president trump. stuart: but you think trump wins and you're saying that because of what you are reading that the market is telling us.
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good stuff. next one, travel is headed to new york from 43 states, must quarantine for two weeks and new york governor cuomo is telling people to avoid travel to neighboring states, that would be new jersey and connecticut, at the same time ubs, swiss bank says the tighter restrictions are the biggest near-term risk to the market, what do you say about all of this. >> is really remarkable new york, california and these other places, of course another big headline today new york needs $59 billion and if not they're going to high taxes, cut services, you cannot have it both ways, you cannot keep schools shut down vertically evidence mounts there's not a huge amount of transmission from these kids and the teachers, you
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cannot keep economies locked down when the other places open economy, the media can laugh all they wanted florida, texas, georgia, look at their unemployment rates, look at everything else that is happening in the states, you can laugh if you want and mock them if you want but they don't have a whole population teetering on personal bankruptcy and failure, it is mind-boggling to me, remember when this whole thing initially happened, new york state by far has the most deaths in my opinion than anybody else when cuomo said it would be unfair to any state from new yorkers going there. if you want to bar 43 states, go for ironically only do business with california, that stands to reason but it's not going to help anyone living in new york already. stuart: i don't know if you're watching the program earlier but will kaine gave us the details on california's latest lockdown, they are referring to thanksgiving, you've got to eat
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outside, you have to have one person serving your thanksgiving dinner, not two, just one, everybody's gotta stay 6 feet apart in the individual serving have to go out as individuals, you cannot go backwards and forwards that is in california on thanksgiving, this is lunacy and it provokes a reaction from the people who say stick it, i'm not going to do it, where are you on this one. >> absolutely. i think people forget when they try to compare america to asian societies, those are societies that have dealt with pandemics over and over again for the last 100 years, ours is over 100 years ago they dealt with all the vomit created cultures where there more obedient to the government and don't shake hands, that is fine but that's not america we live by our freedoms and embrace them and were going to serve thanksgiving dinner and you're pushing
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against the ethics of this country, we will try our best to be safe, that's a given but at a certain point you're going to push back. stuart: this is the united states of america, i have one last one, the radio host is speaking out about president trump support in the black community, support among the black folks, watch this. >> trump is actually talking to them, blackmail voters, as to what the group that would never get called on, black people don't get carted as a whole but the whole democratic regime speaks the whole black community, they think everybody in the black community is supposed to fall in line. stuart: you know what don lemmon did not look too happy about that, how about you? >> i am thrilled about it, from day one president trump has reached out to black people practically young black people, listen to the music what young black people, all young people
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listen to it about self-determination and who works the hardest, they don't want to just do well, they want a private jet and the latest gulfstream, they don't talk about higher minimum wage, they talk about the ultimate success, they don't talk about becoming union workers, they talk about making it to the top, that is what they want, trump understands the democrats do n not, i want more and more young black people, young hispanic people and young americans to listen to the idea of unlimited prosperity go all the way to the top and to be a union work in the union, that is fine if you do but you should or could have goals higher than that, aspirations higher than that and that's what president trump is representing. stuart: keep the fire going especially next tuesday the 27th you are hosting in america votes together town ha hall, that is next tuesday october th we will be watching t
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2:00 p.m. eastern today when you host a great show, "making money with charles payne". thank you very much indeed, good stuff. stuart: united airlines trying to kickstart global travel again, now what are they doing. ashley: it is called the common system, digital health that is supposed to help get global travel up and running as it's possible united airlines pretty interesting is testing it today, volunteers on the united flight from london to new york, take a look at the covid-19 test up to 72 hours before traveling in the results from a certified lab on a common app on their phones, the app generates a quick response code that airline starts and border officials can scan, the new york airport trial will take place under the observation of the cdc who will be waiting for passengers when
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the flight lands, if it works the digital past could help countries reopen their borders and allow international travel to resume in one of the entities backing this is one of your favorite, the world economic forum, you're a big fan of that group. stuart: you talk about donald trump, yes, i have not been yet and i'm not likely to go this year or next year. thank you very much indeed, i wonder what they think of me, i have no idea. months after shutting down, some of the most popular shows in vegas are coming back we will tell you which ones in a moment, first up we show you volvo's new electric car, up next general motors first ever electric hummer calling the first super truck, more on that after this. ♪
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stuart: we should've had a drumroll general motors unveiled the first ever electric hummer and jeff flock right there in apple the illinois, jeff, i understand this electric hummer goes from 0 to 60 in three seconds and has 1000-horsepower, i went to your more about that. >> you're all about power, evergreen new deal, woody our old friend from gmc, they will be selling this truck, there'd had numerous inquiries about it, integrating new deal the hummer which was a gas guzzling, take a look at the pictures, it was a gas guzzler now it's electric, you will be colluding the environment, has all sorts of crazy stuff, under armour, 18 cameras, 350 miles range on a full charge and 100 miles of range in ten minutes, the top
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comes off and you can have a convertible truck this is a separate set of pictures, something called extract mode, you get to a deepwater and you hit a button, the trump rises up to take you over the water, something else that will be interested in called crab mode, you get a little crabby every once in a while and this is for wheels of steering that enables the vehicle to go sideways if you get into a tight spot, i've gone sideways not by my desire but there you go, the other thing that you always want to know how much stuff cost, you can get a cheaper one for under $80000 eventually but the new model coming out will start at $112,000 and mark who i talked to on fox tells us general motors will make money on this truck. >> these are not one-off snowflakes these are off
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high-volume platforms that we know the economics will be really attractive to anybody who wants to buy a new vehicle. >> this is your green new deal, you can have a truck with all the power and no pollution. are you going to buy it? stuart: i'm very interested, 0 to 60 and 60 seconds, the thing go sideways, tell the gentleman standing next to you that i might be in line for one of these things. >> you might be able to sell stuart a car. >> we will deliver. >> is very tough on the bargaining i want to let you know. >> we will call you later. >> we gave him a great commercial, come on. >> that's all he's going to get from you. stuart: thank you death in the fine gentleman standing next to you. gentleman thank you very much
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indeed, let's look at tesla, the earnings report is at 410, 415 this afternoon, before you launch the big deal is can they deliver 180,000 vehicles. susan: off the top your head. stuart: that's the magic number, they gotta deliver 180,000 vehicles. susan: they gotta deliver 180,000 because they already told us a few weeks ago they delivered 139,000 vehicles from july to september in the earnings report is how much are they making money off the each and every one of these cars that they have delivered, analysts are all over the place most are predicting tesla will make money which is important because this is a company that is seen where profit up until the past year end reported the first full year of profit, elon musk has promised 500,000 deliveries, he said we have a shot to get there but you need 180,000 in the final three months that will be really tough. stuart: gotta make a profit, gotta talk about 180,000.
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susan: 108,000 is tough because 139,000 was a record. stuart: take a look at this, this is an underground tunnel at the las vegas convention center built by elon musk's company, they're going to try to extend this to the entire las vegas strip, i like that idea and it is next. ♪ i searched and found sofi and applied for a personal loan. i paid off my credit cards and felt a weight come off my shoulders. thank you sofi for a great experience and for helping me get my money right. ♪
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stuart: las vegas, casino people report earnings "after the bell" but it has not been a great year, has it? ashley: to say the least, the stock is down 33%, it could be worse but not great, third quarter, expected too post an earnings loss of 68 cents per share that would represent a fall of 189% year over year, it has been tough, astro revenue looking for 674 million that would be an 80% drop from the same quarter last year, the company owns resorts and casinos, macau, singapore as
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well as properties in the u.s. including the venetian in vegas, all are expected to report business down anywhere from 60 t year, it will be interesting and investors will look to see what guidance is given and the strength of the balance sheet as the industry continues to battle the impacts of the pandemic. loss vegas stands "after the bell". we would have this news about las vegas, this is good news, some of the great shows are returning to the strip, dia list of which is coming back. lauren: seven shows, mgm resorts will show these shows starting on friday november 6, you have the magician, david copperfield, jabberwocky's, a hip-hop dance crew, carrot top, comedian and thunder from down under, the australian version of chippendale, what a show, i've seen it, did you know that by the way. stuart: i know what chippendale is, have you seen it. lauren: a bachelor party, yes.
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[laughter] lauren: the may capacity, social distance, i wonder how interactive they can be in this covid environment, that particular show, nonetheless live entertainment the home is on the vegas trip and coming back very shortly. stuart: we will get questions about this on friday feedback, you know this is coming, their ego, i've never said that, i'm telling you, we stay on las vegas because of this, elon musk's company wants to connect the entire strip with underground tunnels, steve hill is back with us the las vegas convention authority president and their ceo. steve always good to have you, how soon could we have a tunnel under the strip serving all the casinos? >> we think pretty soon especially for a project of this importance in magnitude. the project has been turned in
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to local governments for a land use permit that will be followed up with building permits, we hope to get started within six months and the tunnels are very quickly produced, they are making them all the time, we had a mile long tunnel at the convention center, the last one took two months to build, they are speeding up from there, we think the project is exciting and can be brought online pretty quickly. stuart: is it going to be a mass transit where you move a lot of people up and down or under the strip? >> it will be as an express system, the stations are offset from the main tunnel, you don't have to stop along the way you can go from where you are to where you want to go without stopping in between, we think the capacity for the system will be at least 10000 people in our
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which is higher than most any other transit system out there, it's pretty straightforward it's a tunnel under the ground that has an asphalt road lane and we run tesla's and put people in tesla's and run them where they want to go. stuart: one last one when i arrived at las vegas airport i go into the terminal and the first thing that you see is a slot machines, you can gamble on the slot machines at the airport, when you built the tunnel under the strip and i get out at any given station will i be hit with the slot machines right there underground? >> that will be up to each individual property, they will be responsible for their stations and what they want him to look like and they can be as simple as a tunnel coming out of the ground into a parking lot where they could build a part of the casino around the station if they choose to. stuart: i want to wrap it up by saying we hope you come back in
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vegas, real strong and real fast we love to hear the news that the show was coming back and casinos opening up in the tunnel, got to see that, thank you for joining us, we appreciate it and good luck with vegas. good to see you. >> appreciate you having me. stuart: check the market really fast, we have a virtually go nowhere market, we said at the start of the show that the market was in limbo, stimulus limbo, and think it is still there, the dow is up 15 points, i think we have the nasdaq up 23, minor leagues gains pretty much across the board, that is the state to play this wednesday morning, who knows how we will close, we will have more "varney" after this. ♪
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medicare. many plans provide broad coverage and still may save you money on monthly premiums and prescription drugs. with original medicare you're covered for hospital stays and doctor office visits, but you have to meet a deductible for each and then, you're still responsible for 20 percent of the cost. next, let's look at a medicare supplement plan. as you can see they cover the same things as original medicare, and they also cover your medicare deductibles and co-insurance, but they often have higher monthly premiums and no prescription drug coverage. now, let's take a look a humana's medicare advantage plans. with a humana medicare plan, hospital stays, doctor office visits, and medicare deductibles are covered. and, of course, most humana medicare advantage plans include prescription drug coverage. in fact, in 2019, humana medicare advantage prescription drug plan members saved and estimated 7,800
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dollars on average on their prescription costs. most humana medicare advantage plans include a silver sneakers fitness program at no extra cost. dental and vision coverage is now included with most humana medicare advantage plans, and you get telehealth coverage with a zero dollar co-pay. you get all this for as low as a zero dollar monthly plan premium in many areas, and your doctor and hospital may already be a part of humana's large network. if you want the facts, call right now for the free decision guide from humana. there is no obligation, so call the number on your screen right now to see if your doctor is in our network, to find out if you can save on your prescriptions, and to get our free decision guide. humana - a more human way to healthcare.
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hi, this is margaret your dell technologies advisor to listen, is to hear more than what's being said... and offer the answers that make someone feel truly heard. i understand, let's get started call a dell technologies advisor today. stuart: one thing we are remiss here, we have not checked in the last hour netflix and snap. we have only 45 seconds left. susan: snap, 35%. 48 million actives. that is raising pinterests twitters, facebooks of the world. stuart: that is not bad. 15 seconds dealing with snap. quick reminder, send in your "friday feedback." email us, go to twitter, facebook. we want your questions, comment. we would really like your
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videos. that is coming up on friday. get the questions in. we tell you, programing, larry kudlow will be on the show tomorrow. he is a favorite guest among our viewers. he sometimes moves the market. which always always have a very good, entertaining, interesting conversation with larry kudlow tomorrow. time's up. neil, it is yours. neil: thank you, stuart. the dow is down 52 points. a couple of developments. the stimulus stalemate you heard so much about, that even if democrats, republicans there can sort of mend their differences, they're not that far apart. it may be a moot point. getting the it done by monday, drop dead time, to vote on it, probably doesn't mean it will happen before election day. we'll give you the read on the latest. president trump campaigns for joe biden in number of venues. bringing in the big guns.
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