tv Cavuto Coast to Coast FOX Business October 30, 2020 12:00pm-2:00pm EDT
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does his personal polls show something that he's getting worried about? well, i can't tell you that, but i can tell you that the market all day long has been selling off. and we're still selling off, especially the nasdaq and big tech. withdraw, way down. times' up for me -- time's up for me. neil, it's yours. neil: thank you, stuart, very, very much. it's about the cases. really that's what's deciding the course of this market. the president might have dismissed some of them, but there are too many to wave away. 12 states reporting record one-day increases, and that's weighing on stocks right now. looking at, among other things, the worst week before an election in american history. so we'll look at that a little bit more closely. also on the dueling rallies that both the president and the man who wants to be president are planning today. wisconsin will be a big focus of attention right now. depending on the poll, it's either a big lead for joe biden or a toss-up.
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that's how unconventional all these polls are right now. we're also going to follow more as the market's sort of i digesting the news we got out of the likes of alphabet, amazon and apple. by and large, the numbers were pretty solid, they just weren't solid enough, and it's weighing on the tech-heavy nasdaq as a result. much more on that in a second. now back to the cases at hand that are getting a lot of attention. 12 states now are reporting record one-day increases including illinois, indiana, maine, michigan, minnesota, missouri, nebraska, new mexico, north carolina, north dakota, oklahoma, ohio, oregon. these are not just with one-day blips. these are new causes, the highest -- cases, the highest ever recorded since the pandemic began. furthermore, 91,248 americans, more americans just tested positive for the virus. it is the highest of the pandemic period. that's what's weighing more on the markets than anything else,
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the idea that these expanded cases and the kind that we're seeing in europe as well are going to lead to rolling lockdowns, shutdowns and crimped economic activity. the big surge we is saw in third quarter gdp that was president was alluding to could prove very short-lived. what we don't know is if this will fester into anything that will require shutdowns in the state of new jersey, golf phil murphy -- governor if you will murphy is looking at all options. finish the fallout with keith fitzgerald who watches the markets as well. that does seem to be the dominating concern right now, the economy itself very sound right now coming back in a big, big way. but concerns that it could be short-lived if these shutdowns start materializing. what do you think? >> i'm totally onboard with that because fear creeping in around the edges. the one thing that the virus cases have done to the markets, to the psychology of america, is
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they've released a specter of uncertainty. and so far we've been able to deal with it, we've been able to handle it, we've always had a vision through the it. this simply raises the specter that, hey, we might have a while to go, and traders don't like that. neil: you know, in the meantime i noticed energy prices son softened, bond yields are going down, so so there's obviously a flight to quality, even with rates as low as they are, they might be finding it in treasuries and all. but the fact that this has picked up speed, and it could change certainly by day's end, but it's been a rough week. normally 8 out of 10 times that means that the party that controls the white house loses. there are all sorts of other metrics that we use. but argue -- are the markets telling us something about the election? what do you think? >> you know, i have have thought a lot about that and in great detail. we spent a lot of midnight oil this week looking at that kind of stuff.
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i don't think this situation applies. we've never been in this kind of territory before. so i can say the metrics simply don't apply here because you can't apply them. there's nothing calculateable here. there's not a number on wall street that matters, neil. it's all about the emotion at the moment. so i don't view this skeptically or with fear. if i'm doing my job right as an investor, i'm looking beyond that at the companies that are still growing because, to your point, there's a lot of good earnings out there. neil: you know, the good earningses, good economy, the president's right on all fronts referring to that as he just did, i know he wants to keep america's spirits up and talk about the possibility that these, you know, upticks are to be expected and don't worry about it. deaths and and hospitalizations are relatively stable when, in fact, some deaths and hospital patients are also beginning to peak. i'm just wondering whether that rattles even investors who say,
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all right, you'll have to acknowledge, mr. president, a lot of what's going on is real, and his dismissing it, for whatever reasons, might actually make matters worse or certainly investors more skittish. what do you think? >> i think that's a very, very valid point because there is a disconnect between what people are feeling, what wall street is showing and what the news is portraying. so somewhere down the line we've got to see where the rubber meets the road. i'm an optimist, i believe if we look at history -- and i mean at long periods of history, thousands of years -- chaos always produces opportunity. so the president has to do his job, he has to say things are going to get better because that's what presidents do. individuals have to hope that things are going to get better, and we all have to aspire to make them that way. i still want to look for the best, looking that science is going to beat it. i'm optimistic that we will this year next time have a better economy on our hands. neil: all right.
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keith fitzgerald following this closely. the badger state will be are up close and personal today as both campaigns focus on wisconsin right now. the battle though is over the latest of the pandemic issues where we've seen a spike in cases not only on a per capita basis, but the third highest spike in total we've seen across the country. so wisconsin moves from talking about the economy to worrying right now increasingly about all these covid-19 cases. hillary vaughn is in milwaukee with more. hey, hillary. >> reporter: hey, neil. well, this is biden's busiest day on the trail this year. he is barnstorming three battleground states today. he does -- he just touched down in des moines, iowa. he has not been there since the iowa caucuses in february. he's up by just one percentage point, and biden from day one has been making a play for farmers in the state, hitting trump on how china trade and climate change have impacted their industry. but yesterday the iowa corn growers' association made
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history by making president trump the first sitting president to be an honorary member. after iowa, biden will head to minnesota, a state that's been solidly blue, voting for the democratic candidate for president since 1972. so biden was asked today by the press why he's going there and if it's because he's worried. >> i say, no, i'm not concerned. we're going to be in iowa, we're going to be in wisconsin, so i thought i'd stop in minnesota. i don't take anything for granted. we're going to work for every sickle vote up until the -- single vote up until the last minute. thank you. >> reporter: trump will also hut three states today and two that biden is going to, minnesota and here in wisconsin, where he is making his final pitch to voters here about the economy, not about coronavirus. saying this, quote: every single one of these accomplishments is on the line this november along with the promise of a recovering and thriving economy in the wake of the pandemic. if joe biden manages to one the
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election, his administration would eliminate my america first policies and pursue an economic agenda that would devastate wisconsin's families. president trump will be headed to green bay, wisconsin, home to the green bay packers, and, of course, longtime quarterback brett favre who just announced on twitter today that he voted for trump. we'll see if that vote and endorsement turns any cheeseheads here towards trump's way. neil? neil: still a very popular fellow, and that could be interesting. hillary, thank you very much. hillary vaughn on that. just some more specifics we're getting on other states that are looking at increasing hospitalizations here, i just add this to some of the angst that the markets are feeling focusing more on the pandemic and whether these numbers are gaining traction or gaining steam or, to hear the white house tell it, they're really not nearly as bad as they're being presented to be. 17 states right now are looking at record hospitalizations.
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i told you about the 12 that are looking at a record in one-day increases. and then some news that was just addedded to the mix, that regeneron has suspended testing of its covid-19 antibody drug in the sickest of hospitalized patients because in some cases it has had adverse effects. we don't know much more than that. but, again, regeneron has gotten a great deal of attention for that so-called antibody cocktail treatment that's been far, far, far more beneficial than not of the thousands who have been tested on it, including the president of the united states who was treated with it when he was in the hospital dealing with covid a couple of weeks back. but this is only a temporary suspension of testing as they try to work this out. all right, let's go to liz peek right now, fox news contributor, daniel mclachlan joining us as well. danielle, i want to begin with you on how joe biden is going into the states that four years ago hillary clinton was create sized for taking -- criticized
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for taking for granted. but just for extra measure, he is expanding his pool of states. the fact that he's devoted so much ad time into pluses like georgia and texas -- places like georgia and texas, doesn't that risk doing exactly though what hillary clinton was blamed for doing in counting your chickens before they were hatched? >> you know, i think he's learned a lot from from the clin campaign in 2016. there are a lot of people who just didn't vote at all last time because they found neither choice to be particularly appealing. i think that, you know, michigan and wisconsin are looking pretty solid for him. pennsylvania, the average poll is about 3.6 points ahead for him, i think the latest fox news poll is 5 points. i don't see him taking anything for granterred, looking to -- granted, looking to earn all those points. he can lose and still win. pennsylvania is a key state for the president, i think,
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obviously, why we're seeing him there this time around. neil: you know, liz, the president, obviously, does get huge props for his rallies. now, the biden folks intervene to say, well, we could do that too, but we don't want to because we've got this thing called covid. having said that though, "usa today" had an interesting poll of americans, two-thirds of whom felt that it wasn't a good idea for the president to have these big rallies. so i guess what i'm asking, in a way the very big rallies drawing so much attention to the president's enthusiastic supporters going to hurt him with the general electorate? >> well, i think it's helping him a lot, neil, with his supporters. they are excited to see him out on the trail and some very stark contrast to a joe biden who has made many fewer trips, who has very sanitized, unenthusiastic, kind of sad looking little gatherings. and, frankly, even president obama when he was out on the
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trail recently in florida didn't get much of a crowd. so i i think, actually, it's a great antidote to the prevailing narrative -- neil: but they really aren't looking for crowds, are they? i mean, that's what they've been arguing, liz -- >> well, maybe. neil: i mean, what do you think of that? they're saying we are going to prove an example to the american people that this is how you cautious lu e handle this covid environment. i don't know what resonates at the polls. that's their argument. what do you think? >> well, again, i know that that's their argument. nonetheless, i think when joe biden disappears into his basement for days on end just prior to an election, people read that as pretty peculiar. an awful lot of people, essential workers are out there, you know, working even in spite of the virus. and i think people are impressed with the level of effort and energy that the president brings to this race. and, again, you know, maybe people think it's unsafe to have
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these big rallies, but there are other manifestations like these incredible truck parades or boat parades which are probably safer, and they deliver the same message, i think -- look, neil, i think that the media doing a bang-up job of telling people, trying to discourage trump turnout by telling people the race is over, it's very one-sided, biden has this sewn up. you know, it's discouraging trump voters, and i think all they have to go on is the sight of their president making all these tremendous rallies -- neil: right. that's a good point. >> and, you know, i think they have to do it. neil: yeah. danielle, let me ask you this. maybe the covid thing and trying to keep everybody safe, i have talked to a number of democratic operatives, maybe not people so well connected as you, who are saying they're concerned that biden looks like he's just not
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in it to win it, that he thinks it's going to happen, the polls seem to indicate it will happen, so he's all but mailing it in. maybe for all the reasons that i hear the campaign state, but that he doesn't really look hungry for it. what do you make of that? >> well, i think there's a difference between what some think it looks like and then the words out of husband own mouth. -- his own mouth. you know, neil, back in february you can't -- [inaudible] you can't talk the virus out of existence. and the fact that this pandemic is now in its third wave is, frankly, a disaster for the president. so what we're seeing is that how you feel about the way the president's handled this virus which is a stark contrast to biden which is why he's being so cautious with the way that he campaigns, because he wants to draw that contrast. apart from, a aside from -- it's the closest proximation that
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polls seem to be indicating. so if you think he's doing a good job, you're going to vote for the president. if you think he's doing a bad job, you not going to vote for him. and what's happening is in the midwest and upper midwest, the president has a 41% approval rating on the virus. so this is a terrible time for all of us, frankly, with the huge amount of pain. the pandemic is that kitchen table issue that people vote on, and i have to be honest with you, i think that's reflected in the polls. and i think, honestly, as much as some people think joe biden's hiding in a basement, you could also argue that the president is being reckless not only with his own health, he got the virus, but with the health of his supporters. they have the right to do whatever they want to do, of course, but by breaking local ordinances and going against the health guidance at the state and federal, local level, i think there's a strong argument to be made that he's just blowing it. he's blowing it and not taking
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it seriously. neil: well, with don't know. and i should point out despite the fears there would be spikes in cases where they're had these large rallies, they ea simply have not. but we'll watch it very closely. ladies, thank you very much. some news we're getting at out of new york city right now, and this was hinted at yesterday, but they're seeing what they're calling a meaningful jump in the new york city virus rates that could, could affect -- we're told from the mayor's office -- indoor dining. that has happened in a number of other states including in illinois where an uptick in such cases had the governor saying, that's it, everyone shuts down. one restaurant owner took the governor to court and won. he's next. ♪
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own covid-19 vaccine candidate, focusing on treatment for those between the ages of 12-18, is and that will begin, like, pronto, like nowment so we keep you abreast of this because these are the various entrants trying to come up with vaccines, treatments, cures, whatever you want to call it in the very near future or at least get emergency use approval as moderna and a host of others have gotten. meanwhile, keeping you posted on cases spiking, a record number of cases in the day, also spike at least a dozen states where they're looking at one-day record increases. jonathan serrie here to count them the all up. he joins us from atlanta. hey, jonathan. >> reporter: hi there, neil. yeah, 90,000 cases, nearly9 nearly990,000 cases -- 90,000 cases in the u.s. this is nine times the maximum
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daily case count that public health officials had wanted going into the fall and the winter. and the midwest is being particularly hard hit. >> i think we'd all be in some form of denial if we didn't say that these high case numbers that we're seeing right now in minnesota and wisconsin will convert to hospitalizations in two weeks to a month. >> reporter: the university of washington models predict that by january covid-19 will kill as many as 2600 americans per day. however, the model estimates that if all americans wear face masks, they could actually prevent more than 900 of those deaths every day. researchers estimate one person with covid-19 will go on to infect two to three others, but that's only an average. emory university epidemiologist ben loebman says a small number of people are responsible for a large number of infections. >> it sounds kind of scary, but this is actually kind of a useful thing that we've learned,
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our group as well as others that have done research in this area. if we can, if we can identify these super-spreading events, we can have an outsized influence on control. >> reporter: and he says that large gatherings are some of the biggest culprits. of course, people are still going to go to them. so if you absolutely have to attend a large gathering, you can reduce the risk by wearing a face mask. and if at all possible, keep other people at least 6 feet away from you. neil? neil: all right. the rules are so simple, you know? so simple. jonathan, thank you very much. jonathan serrie on all of that. all of this occurs at a time where we are seeing states experiencing this uptick in cases. some go pretty far in the case of illinois' governor pritzker, he shut down local restaurants and no indoor dining. casey runs the fox fire steakhouse in geneva, illinois, he's also a chef there. and he said, no, no, no, this is
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not going to fliment. we're honoring all safety measures, and we're going to protest, demand to stay open, and a judge just granted his restraining order against governor pritzker, so he is still open. casey, how are you doing now? you're open for business, right? >> yeah. as of today, we're the only restaurant the in the majority of illinois to be legally open for indoor dining. we're doing, doing very well. neil: that's amazing. now, how did you -- how did you make your pitch? i'm sure there are a lot of restaurant owners across the country, you know, in similar situations who are wondering how did that guy do that? >> well, you know, we looked at the numbers that we could find. unfortunately, the governor really hasn't given out his numbers for everybody to see, but from what we gathered data in that, only about 2% or under are cases linked to restaurants. we felt that we did everything by the book, we did the cdc guidelines, we've had people
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spaced, we've been wearing our masks, doing everything we can to keep people clean. for such a low number, we feel it's safer for restaurants and the industry like that we're in is a lot safer than, say, large gatherings. we're all certified or through the health department and through the illinois department of health to be food safe certified. it's a lot safer to be at a restaurant than it is at a family are gathering or outdoor barbecue. the mayor actually said something similar to that a couple days ago which shocked the hospitality industry. neil: yeah. you know, it's interesting, too, because for all of the talk about shutting down restaurants, sort of like the first knee-jerk reaction public officials have when they see a spike in cases, we don't know of any that have come from the like. there's no evidence to suggest that's the case. maybe bars.
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has governor pritzker's office responded or talked about taking counter measures? >> right now they appealed the judge's ruling. it's in the courts i think today. our lawyer team is taking care of it. kevin nelson, our lawyer, are battling it out with the a.g., and hopefully it's a favorable outcome again. i mean, the lawyer -- i mean, the judge has said it's unfair for the governor to pick and choose who is going to survive this and who is going to fail it because to be in business, you can be at a large chain or a regular grocery store or go across the street to another restaurant -- well, now you can't, but he gets to pick and choose who fails and who doesn't. and he said that's not fair and it's against the illinois constitution. neil: so just to be clear, casey, you are operating at, what, 25% capacity? you're still honoring all the common sense rules on distancing
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and the like, masks going into the restaurants -- i'm sure, obviously, not when you're eating and all of that. so you're honoring all of that, right? >> yes. people are told when they make the reservation they have to come in with a mask, we take their temperatures, you know, we take them to their table, they can take their mask off when they sit down, but when they get up, they have to put the mask back on. constantly disinfecting, following the guestings all the way until they -- guests all the way until they leave. we have sanitizer, face shields if they're requested and masks for people who come in without them. neil: well,ing i heard one local person say, yeah, have you tried his steaks? [laughter] that ended the debate, i guess. you're a great chef and, obviously, you stuck to your guns. keep us posted, casey. i wish you well. >> yeah. we did this all for our staff. i mean, it's a large chain that breaks if the restaurant
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industry goes down affecting all our staff and those that deliver, farmers, everybody. neil: absolutely right. remind me not to get in a legal tussle with you. i don't think it would end well. casey, thank you very, very much. best of luck. >> yeah. if you hear the name kevin nelson, watch out. [laughter] neil: yeah, i'm going to hide. thank you again. we told you about with only a few days to go before the election, curious development, walmart says right now it's stopping selling all guns in all of its stores. and then the you have mark zuckerberg saying there could be civil unrest after the election. what are they seeing that maybe we're not appreciating? after this. it's still warm. ♪ thanks, alice says hi.
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happy with the election results whatever they turn out to be. i want to clarify e a story i was passing on on walmart, it's not getting rid of guns or gun sales, it is simply removing all guns and ammunition from sales floors out of all of its u.s. stores this week and next trying to head off, quoting here, any potential theft of firearms if stores are broken into amid potential social unrest. they're still going to be selling them, but you have to ask, bottom lewin. obviously, all of this comes at a time when there is heightened concern that things could get pretty dicey post the election. nasdaq executive vice president, head of north american markets joins us. is this among the sort of, you know, variables the market is sort of chewing on, worrying about? what do you think? >> well, thanks for having me again today. and we typically see ahead of any election elevated volumes and volatility. so that's not unusual.
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but what is interesting is that when you look at the volatility gauges, they're basically forecasting a protracted period of uncertainty. so it's almost are like the market is pricing in some level of a contested election, some level of uncertainty for the next couple months. and the other thing i would note is ahead of any election, you're looking at a lot of trades being put up. so it'll be interesting to see what trades need to be unwound after the election as we see the level of volatility and uncertainty e that still exists in the market. neil: you know, i don't know specifically how volume has been this week. we do know there's been a lot of selling this week, and it's probably one of the worst weeks for the market since at least going back to march. some have said, i haven't been able to verify this, but as pre-election weeks,, the worst week we've seen. how do traders deal with that? does it just feed on itself?
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what? >> yeah, there's a lot of sentiment right now in the market, and the narratives that we see driving the market are really threefold. despite some positive earnings and solid earnings we saw from tech and other industries, the forecast that people are providing around the impact of this pandemic going forward. so you saw amazon come out and talk about an impact of $4 billion just in the next quarter. and then you see the surge in europe and the second wave in europe. and so people are worried about, investors are worried about a slowdown in the recovery. and i think that's a around lockdowns and shutdowns. and so whatever we see in terms of earnings season, people are now forecasting more disturbance in the market. and they need to add to that the uncertainty around federal stimulus and how it will help the end consumer and help end investors. all of that really is driving the narrative in the market over the last week or so.
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neil: yeah. a lot of uncertainty, to your point. i am wondering though a couple of different scenarios. if the market -- they tend to do best, i guess, urn split government. the white house under one party's control, the house and/or senate under another party's control. that's kind of the historical thinking on this. so let's say hype hypotheticalle joe biden to win and he takes the senate with him, it's that scenario that would worry them the most, right? when it's all one party regardless of the party, it's popmatic for stocks, right -- problematic for stocks, right? >> yeah. i think what we're seeing in the market right now is folks have positioned themselves for certain outcomes, and the market is telling us what they're positioning themselves for. and like i said, i think there's some level of sense that there will be a contested election, there's some uncertainty as to how the senate will play out. we'd like to see checks and balances, but what happens if there's not? and that second dispersion that
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i talked about that you tend to see after election, will that be mag anified, amplified after this election. and maybe we won't even know that until we get into january. and i think that's what investors are seeing right now is we might not know until the end of december, beginning of january what that picture looks like for a all of us. neil: you know, it's possible, i know in the bush/gore, you know, long hanging chad, you know, recount, you know, fiasco there the markets trended down. and as soon as it was resolved and al gore conceded, it moved up after that. but in that vacuum, history seems to suggest people sell. do you think that will be the same phenomenon? >> well, it's interesting because typically irrespective of what party wins, you typically see positive momentum after an election because you have some level of certainty. you have some level of understanding of the direction of the country, direction of
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policy and what you should expect not only the next three months, but maybe the next four years. this time around, to your point, i think that level of uncertainty will play out over a protracted period of time, so you might see some selling and people still positioning themselves and hedging themselves and trying to manage risk well into 2021 which would be different from elections in the past. neil: all right. we'll watch it closely. there's a lot to watch, too, and a lot of unknown variables to consider. thank you very much, good catching up with you again. >> thanks for having me. neil: all right, be good. in the meantime, we are learning a little bit of the president's thinking on a potential joe biden win. he says that the supreme court could aid in such an event if it were to happen, saying that the supreme court for biden, the means by which some of these
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deadlines for mail-in ballots which were extended, he goes on to say that the court handed two victories to democrats in election disputes. of i'm just reading the facts. but the president says if sleepy joe biden is making, the system that helped make it possible would be relegated to sitting on not only a haley packed court, but -- heavily packed court, but also a revolving court as well. allowing the ballot-counting deadline extension would hand potentially joe biden a win. the president finally warning that i you shouldn't let it happen. quoting here, don't let this happen.
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gonna go ahead and support him, get my hair cut, leave a big tip. if we focus on our local communities, we can find a way to get through this together. thank you. ♪ if you are ready to open your heart and your home, check us out. get out and about and support our local community. we thought for sure that we were done. and this town said: not today. ♪ neil: all right, well, here is the good news about turning your clocks back saturday night before you go to bed, one hour, you get an extra hour's sleep.
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there is that. the flip side is, depending on your point of view, it's darker earlier. so, you know, that kind of cancels that out. but anyway, getting darker earlier and all the stuff associated with that, a lot of people just get bummed out and depressed. there's a move right now among some in congress to, you know, just stay on daylight savings time all the time. chad pergram following that battle on capitol hill. >> reporter: good afternoon. it also means that the pandemic is one exthat hour longer, so it's another thing also to blame congress for changing the clocks twice a year. the time change mandated by law. a coalition of bipartisan senators pushed for the u.s. to e main on daylight saving time for the pandemic. gop florida senator rick scott says an extra hour could assist with health and depression. >> if you think about it, with covid we want people to get outside. it's positive for a health standpoint, from a mental health standpoint. and so that would be the goal.
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>> reporter: call it the politics of time, president trump tweeted last year the u.s. should remain on daylight saving time. congress mandated summertime during world war ii. congress even overrode the veto of president woodrow wilson to set the clocks back. the uniform time act of 1966 officially established time zones that will determine when we change the clocks. congress voted to put the u.s. on daylight saving time for two years after the 1973 opec oil embargo. but there are limits to what congress can do. >> the amount of daylight doesn't change. unfortunately, i haven't found a way yet to move some daylight from the summer to the winter which would be very nice. >> reporter: time flies. the congress decides exactly how fleeting it is. neil? neil: is in any chance of going anywhere though? what are you hearing? i mean, there are limits, right? >> reporter: that's right. and congress out right now. you know, there's been a push on
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both sides of the aisle to try to do this. you know, even in australia there is a political party devoted to daylight saving time. you know, we don't have that here, but this is something that has gotten a little bit of traction here in the united states especially after the president weighed in last year. neil: but i guess only time will tell. [laughter] >> reporter: you know, neil, that the clocks are wrong? [laughter] you know, neil, the clocks were wong in the soviet union for 61 years in 1930? josef stalin moved the clocks forward in 1930, all ten time zones in the soviet union, and they never moved them back. they never went back to standard time, and they didn't change it until 1991 when the soviet union dissod? 61 years, a mistake on the clock. of. neil: that's wild. i had a feeling you'd know some little detail that others have missed. thank you, my friend, very much. chad pergram on that. so this is the drill, you have to change the clocks, go
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neil: all right, as i mentioned earlier, walmart is pulling guns and ammo displays in all of its u.s. stores citing potential civil unrest this week and into next week. you can still get them. you have to ask for them, though, they will not be on display. darren porcher joins us on whether that is a gooded idea. ball mart and this -- walmart and this development on top of people like mark zuckerberg saying we could have a lot of unwith the election next week -- unrest with the election of next week, what do you think of that? >> this is -- walmart felt this met with success, therefore, they're merely repeating the same practice because they don't have faith in the sentiment of being protected as a public. so this is par for the course, and it's understandably so.
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neil: so i wonder when i hear stories like this, darren, whether with no intention of doing so it draws more interest. why are they shutting down their displays of guns and ammo? they'll still sell them, but what do they see that i don't see? maybe i have to get some guns and ammo. [laughter] >> well, it's multifacetedded. the first component is public safety hasn't been maintained from the perspective of elected officials. when we see the riotous behavior that's plagued the country in the places like portland, seattle, new york and now recently in philadelphia, the police have not had the control over the population or over public safety the way they have in the past. so walmart is merely affording themselves the necessary protection in preventing these weapons from being out in the display cases. the weapons can still be sold. you just need to make arrangements with the sales staff, and they'll is sell it to you. neil: yeah. i got you.
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i got that wrong initially. could i ask you though, if you're advising store owners in cities, and i've seen a lot of coverage of individual owners who are boarding up their shops just in case, but obviously a lot of people are worried that things will get out of hand. are you? >> well, i think the policy should be geographic. when i say geographic, we look at a place like, let's say, portland for argument's sake where they've had riots for over 100 plus days. of course you may want to fort few yourself quite differently -- fortify yourself quite differently than a place like jackson hole, wyoming. of it goes based on the population that you serve. that being said, i don't think it's going to be the combustible state that people are expecting like mark zuckerberg, but i do think we will have sporadic protests in the wake of the election on tuesday. neil: you know, some would say
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if there was a win in a landslide, it would remove all doubt that what would keep this festering is someone winning a real, you know, like a bush/gore nail biter like he had 20 years ago. do you agree with that? the more unequivocal the results are, the less likely the violence is? >> no, not necessarily. we look at the electorate, you know? people are going to be upset no matter what side of the spectrum the election reveals. we take in consideration when trump won back in 2016, we had protests all over the world. but it never gained a violent perspective, so to speak. is so in terms of it being a close election or land slide, i don't really think that it's going to be something that a gins up or drives the masses to embark upon riotous behavior. i think it's really going to be an interesting snapshot on tuesday, and let's wait and see. but once again, i don't think the violence is going to reach these meteoric rises that people
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like mark zuckerberg are projecting. neil: i hope you're right, my friend. you usually are -- [laughter] former nypd lieu tonight. be safe yourself, my friend. in the meantime, the dow's down about 297 points. we were careening toward about a 500-point loss. no matter, it's still, you know, a few hours to go on this trading day. it will be a down week, one of the worst weeks at least for the dow we have seen since, i think, going back to march. don't hold me to that. i do know others look at this phenomenon of the week before the election and how it goes has a long way to deciding who wins the following week. if it's down, normally the party in power loses the white house. so so far, one anomaly that might not be good for donald trump. there are so many others. this is just one. ♪ muck liberty mutual.
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i paid off my credit cards and apand felt a weightnal loan. come off my shoulders. thank you sofi for a great experience and for helping me get my money right. ♪ neil: a quick peek at the markets, down 360 points on the dow, s&p taken it on the chin about 25 for the dow 30 components are in the red right now, virtually all sectors of the s&p 500 are down, technology
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particular taken a hard today even with good numbers reported from the likes of amazon and apple, just not good enough the markets are expecting more, that is bringing up stocks, the spiking cases is weighing on stocks and in the middle of this we have the campaign going out all stops, they are busy, joe biden today we are going to see the president in michigan, wisconsin, minnesota, joe biden himself in one of the most hectic days i can remember remember for him, i will, wisconsin, st. paul, the president in arizona, his counterpart on the democratic ticket, harrison texas of all places, we've got you covered following the joe biden moves, he is in des moines and grady trimble following development in pennsylvania with team trump, we begin with garrett.
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>> hey, today is one of, not the busiest day of joe biden's campaign, he is visiting three swing states starting here and i want, as you can see behind us dozens of cars have pulled in for the drive in raleigh at the i was state fairgrounds, dozens more lining up going on the parking lot waiting to get in, joe biden within a virtual tie with president trump, the polls have been going back and forth in terms of who has the edge, biden is ahead by one point in the real clear politics average, in 2016 president trump won iowa by nine points, the fact that it is so close gives democrats a lot of confidence going into election day, democrats feel like they have the momentum following the 2018 midterms when they flipped two of iowa's congressional seats, healthcare in the coronavirus are staples of joe biden's speech, that can play well, iowa is one of the number of states seen record number of cases and hospitalizations as well as rising death tolls, while iowa
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only has six electoral votes in a tight election, that could make the difference, that is why both campaigns are spending time here in the final days, the trump campaign announcing it will be holding a rally in the state on sunday. neil: thank you very much, now i want to switch years and go to grady trimble, harrisburg pennsylvania that the president is planning today. >> he is not here today but he'll be here tomorrow with three stops plan and like in many states, voters in pennsylvania have already turned out in large numbers for early voting, look at these numbers more than 2 million voters have already turned in their ballots, that's of the 9 million registered voters in pennsylvania, if you look at the mail and numbers it looks like joe biden has the early lead, 1.4 million registered democrats turning in and fewer than half a million registered republicans
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but what the president is counting on is a strong turnout on election day for in person voting, we've been talking to voters in harrisburg all morning and for all of them the pandemic is a top issue, the democrats have said they don't think the present has done a good job handling it, the republicans owe especially those who are business owners say if biden is elected it will lead to another shutdown. >> we have to take steps forward, we cannot be going back, we have to take steps forward, we have to use precaution but also do what's necessary to get people back to work. >> i want someone who's going to listen to the scientist regarding covid-19, number one issue is covid-19 and what's gonna happen next. >> president trump won pennsylvania in 2016 by the narrowest of margins less than
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1%, that was the first time a republican won the state since george h. w. bush in 1988 but now the polls are closed and they actually show biden leading when you look at the average, that is why both candidates are focusing on pennsylvania over the next few days we mention president trump will be here tomorrow for three events and biden in his running mate kamala harris plan to be here on monday, they say they will hit all four corners of the state hoping to win over the voters who will go to the polls on election day. neil: thank you very much, grady trimble following all the developments, cochairman, republican strategist and i want to pursue this sentiment that you get from the trump folks the say the polls are what their polls are, especially those within two or three points that to give me for trump because there's a lot of quiet trump
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voters out there, split those polls around and that is the actual sentiment in the states, what you make of that. >> if the posters are wrong, i'm going to say they should be out of business. i do think that's the trump yard sign, it's hard to put up a trump yard sign, trump supporters have felt bullied in the last six to seven months for the support for the president. i think it's easier to sit there and say when you get surveyed a pull, to say i don't know if i go to support the president this time around, i'm going to look elsewhere then when you go in and realized joe biden's tax plan is going to put small businesses out and you realize he's going to have open borders, when you go to the polling booth it is a lot different than when your service, there is about 2 - 3.swing that we need to look at. neil: timing is everything, bad timing for the president would be the sudden spikes in cases, he is dismissing it with the immediate six station, the numbers are what they are, they really are spiking, i am just
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curious, the backdrop with some of the battleground states he's going to with a particular bad, and minnesota and wisconsin, even ohio and i'm just wondering whether that is another headwind to fight back. >> it is, he has a perfect storm against him, if joe biden doesn't win this election with this triangulation against donald trump says a lot more about where america is, but i've yet to hear what joe biden would do or has done differently than president trump did to react to the coronavirus, i keep hearing that we have these number of cases but i think the president and the administration has said we cannot afford lockdowns, there is no proof if you locked down that the economy will get better, we gotta get busy living in this country and i think this president is trying to do that responsibly and socially distancing wearing masks and things of that nature, there's not a cure and the problem is
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bigger than the cure, the cure can't be bigger than the problem, i think from the president's perspective, he will get nothing campaign for the mega people and we gotta get busy living again and that's what he's trying to do. neil: we talk about record voter participation, right now the fact that we could be also the dog, thousand could be a hundred thousand election day, those are not going to be counted right away, the day of voting is the kind of stuff that is counted right away tabulated right away, could we have a situation on election day where it looks donald trump is doing quite well and the numbers aren't final because all of those ballots remain to be counted so they would be a second blue wave after that red wave, you buy any of that?
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>> sort of, i think for joe biden to when he has to crush the president, for come down to pennsylvania, arizona and we don't learn till five days later there will be a lot of questions about the process, i think when you look at social media and the media in general, things have lined up against his president that we have felt as trump supporters has been unfair. i think we may see a scenario where it blows down to pennsylvania arizona and if were not going to know who the next president of the united states is for 3 - 5 days or even a week, then i think that will be a real issue, but my guess trump supporters will come out late and also is not very clear to me that the early vote is all going to go for joe biden i think because of coronavirus there's a lot of people that want to vote early in my stay in california you're mandated to vote early. let's see how that plays out in terms of the numbers but i think you will see on election day if joe biden is the next president he needs to crush president trump early and if he does not do that i think president trump
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will remain in office. neil: what about florida were talking to a number of republicans and save the president loses florida it's over, is it that simple. >> he's not losing florida. he's just not. neil: you don't see that happening. >> if he loses florida then joe biden is probably the next president of the united states. i think is that is over by 830 eastern 1030 eastern, then we have a real issue but the support that is coming on florida i think is very strong, i think he wins north carolina and ohio and i think it will boil down to see what happens in pennsylvania, i think that will be the keystone state so to speak. neil: i see what you did there, thank you very much. >> always good to be with you. neil: same here. i want to go to nikki, we were talking about florida agriculture and consumer services commissioner, thank you for taking the time to join us, how does florida look right now,
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the view is joe biden doesn't need it as much as donald trump does but the numbers right now seem to show a narrow lead for joe biden, do you buy those numbers? >> as we all know through the history of the state of florida we will always be close, i only one my election by 7000 votes, what were seen here is unprecedented turnout from vote by mail as well as early turnout and going into election day and democratic party will continue to hold a strong lead, we know the mtas are breaking towards the democrats and we also believe a lot of republican ballots and for the president, a lot of republicans across the state that are ready to turn the page in the history and vote for joe biden as the president. neil: commissioner, the former vice president took criticized for his quite considered conservative views that is
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laying low, does often come out of his wilmington home and he always uses, this is a covid-19 world, have to respectful, i have to keep people at a distance, keep my appearances at a distance but some are worried in the battleground states that he could be looking too much like he's just nailing it in and thinking he's one in the game isn't over. what do you think about. >> not at all. whenever taking anything for granted, every single vote every single day it matters, we not only has the vice president been here instead of florida yesterday, biden has been here numerous times as well as senator harris will be back here in the state of florida on saturday with a lot of events. we are seeing the ground mobilize and certainly the vice president has been here and all across the country giving speeches and certainly he is not shy about being out there but we
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are taking our precautions making to redoing driving rallies and making sure that we are doing it safely for not only for the vice president and for the surrogates across the country but also individual coming out to show support into mobilize our state. neil: are you alarmed how infrequently joe biden engages the press or takes questions from the press? say what you will of the president, controversial figure but he's always talking to the press, today boarding marine when he was taking questions, he takes a hell of a lot more questions a joe biden, i'm just wondering if that's a good thi thing, forget about not going out to the large rallies, i get that, do you think that hurts him that he's afraid to engage in a lot of people just don't know what they're getting. >> i don't think he's afraid to engage at all, he talk straight
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to the people, that's what he's been out on campaign trails even when he was here in the state of florida, he goes to smaller events, he has president obama here in our state do a similar thing. neil: he really doesn't engage the press, say what you want about donald trump but it always engages the press, why wouldn't joe biden engage them more, take them on is sound like he's too nervous or trying to play to save, what do you think. >> definitely not nervous, he had to deliver a punch and take all of the questions and coming in i think he wants to take the message to the people and certainly the press has an important role to play in getting part of that message out and a lot of us are talking to media, i personal interviews all throughout the day leading up to election, a lot of people that are talking to media without messaging, vice president biden is going straight to people. neil: there have been talks already some biden folks are looking at a biden cabinet and among those elizabeth warren for
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treasury secretary, do you know anything about that, are you okay with that, do you think that's a good idea? >> i certainly as somebody who just went through an election in 2018 and everybody started talking about transition in my leadership team going up to the election, i know it's premature we have to win in her eyes got a stay on the ball, talking about cabinet and what the administration will look like is very premature, but i can say with confidence in vice president biden and senator harris that they will surround themselves by the best experts across the country and we will have people in the cabinet if we are fortunate enough to be victorious on election in november that we will have people that will be the best experts, have great advice to give to the vice president and make sure that we are turning the page of history here in our country and getting our country back on page, getting through covid and getting our economy back online and really have a greater influence in the international marketplace which we have not done in the last few
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years. neil: do you like elizabeth warren as treasury secretary comedy they should make a treasury secretary? >> i've had some opportunities to speak to the senator while she was running for office, she certainly has a lot to add in the conversation but certainly vice president has a lot of great advisors around him that will work with him to get our country in the right direction, i endorse vice president biden during the primary, my support is certainly with the vice president to know his judgment will prevail on for the country and for the cabinet. neil: certainly importer where there's criticism of governor to santos about the handling of the pandemic, i just want to close about whether things get really bad enough, president biden would shut down the economy again, they would have to go to the next step or lockdowns and shutdowns, very much like what
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were seen in europe right now, do you think you would do that? >> to be quite honest, we have leadership right now both the governor to santos and president trump dealing with the pandemic, we would not be seen these types of spikes, if you had somebody who is talking about wearing a mask, continuing to social distance, taking these precautions, we would not have been able to weather this, the vice president in the white house, biden will message that this is important we need to stick with it together, i saw the devastation in florida and in agriculture we lost almost $1 billion worth of revenue when the pandemic hit, certainly closing down the country. neil: do you think he would shut it down, i raise this because even in countries that have done all the right things, were shutting down and locking down long before we do, germany, italy, france are seen spikes in cases, is that something that the vice president should
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consider even in light of what were seen in europe, they did everything buy the book and now they're the ones dealing with the spikes? >> certainly no one wants to see our country close down, especially people want to make sure that their small businesses with their restaurants, and community has suffered, i think closing down our country and our state is definitely not something that anybody wants to see but we need better leadership to say these are the precautions that we all need to take, where mass, social distancing, washing our hands, not going to restaurants and bars that are packed, making sure that were taking a personal responsibility and until we have leadership from the governor's mansion in the state of florida and the white house, were not going to be there, until we have the changes in leadership and have a unified message across the entire country, we will be a problem with his pandemic and we cannot have our economy to cover until this is under control, having leadership is the
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importance. neil: i just have a helluva time what joe biden would do different than what is doing now. it's early and we can't counter chickens before attached. the florida agriculture of consumer service commission paid thank you very much we'll see what happens. >> they are fire, thank you very much. very much chatting with you. all right, when we come back, a couple of things we are following, the selloff, not as pronounced as it was but still bad week, with particular interesting is the technology stocks that are getting pounded the most, i gotta tell you i looked at a lot of the earnings with amazon, apple, facebook and twitter, they really were not that bad, the question comes up, is there guidance, is this the fact that they have doubts about the next few months will get
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move your xfinity services without breaking a sweat. now that's simple, easy, awesome. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. neil: when we talk about the market selloff, these are the puppies were talking about alphabet is getting slammed,
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that's despite in most of the cases without getting too much in the weeds, their earnings and numbers were pretty good, better than good, a lot better than expected but what is interesting like amazon which has the same really strong numbers, minus the iphone situation, i think that is overhyped because a lot of people were holding off for the new iphone coming out this quarter but back then the stock was just soaring, after i was trading in trading the next day, none of that always happening, what the heck is going on, the technology stuff's telegraphing, the number one big cheese guy, it could be the group, gary, what is going on with these technology issues, you pick apart these earnings, both far better than i but they look pretty solid but there may be concerns that were missing
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something. >> might take this is a lock-in gains trade, regardless of what side of political spectrum you are on, next week's election is going to be a big deal and honestly i'm scared if biden wins. neil: hold on let me see next week a big deal, election, continue. >> captain obvious has reported for duty. the reason it's a big deal is because no matter who wins there is going to be problems, i think people fear that biden will clampdown on the economy, people fear if trump wins there may be civil unrest, there may be civil unrest if biden wins. i'm not putting the blame, whatever happens is going to be, you know what is going to break loose, especially as big money
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are saying i have some nice profit and apple, have nice profit and amazon i'm going to take it off the table and wait and see what happens next week. neil: it's a worrisome point, there are things that get out of hand if it drags on and i was mentioning with a few other guests, winning by a landslide, remove all doubt around that, i'm not even sure something like that is going to be enough to calm what can be a lot of commotion, maybe dangerous commotion, what do you think. >> gary is right no matter what happens next week 49% of the electorate is gonna be up electric, that is one big problem, what i agree that market knowledge is doing two things but they have to d deal with locking downs, locking down your capital gains who know the fighting gets in there could be a significant move but also the
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idea that lockdowns are still on the table scares people, we are not europe, that's why we left 200 years ago so the idea that that is still a thing is going to speak everybody because if we go into another national lockdown like we did in march and april, i think that could set us back five years, we just don't have the power to do it in in. it's too expensive, should not be on the table but because it's on the table that is scaring average everyday people. neil: people have had big gains in the market vertically those with the same issues that are getting clobbered today but there is always a market where people try to attack significant right before the election, i know there is one theory out there with the market goes a week before the election that goes a long day to deciding the party of the power to the white house and loses it, i think it's something ten times when the market has been down in this one
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has before the election, the party in power loses the following tuesday, that is one of many variables, i don't know if there's a reverse super bowl indicator, you know what i'm saying how closely do you follow that thinking if the market goes right before election day so does the election. >> wasn't there one when the dodgers win the world series the market is up, the republicans went, that was it. no i don't fall on any of those. neil: forget it go ahead. >> i guess my take on this, the one thing i think is pretty good if we have a big selloff, the names they would start to pick up are the names that you know are going to come back like amazon is the most bound to come back they have such market power, they're trying to buy at
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any level especially fixed on 1. neil: looking at all the world markets, they look for leadership, a lot of people said if we get walloped that might be an opportunity for some to seek out other market havens, but to the biden administration and you have concerns about our market and higher taxes to come and all of that and look at those alternatives, do you play that game or no? >> , no i don't, i would almost say sometimes but when you start spreading out like that but now maybe you've created two problems rather than the problem you have a home, a lot of times getting a little bit too cute can hurt you and i believe i've done that before, one of the reasons this is happening, you cannot really go to the old adage is like you just mentioned because number one at year 2020
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were in the middle of a pandemic, what happens after pandemic and you can look at any metric to support who you think is going to win. if the market is lower in the dodgers win, this is what happened because my guy is going to get in. i think what's going to happen next week is going to happen next week, the sun will come up and whoever the president is he is a pilot of our plane into wish him the will is hoping for the plane to crash and i don't think that's a good idea. neil: we will see, not a big fan of the measures we used to look at how the election could go. i want to thank you both very much. i'll make note that tuesday is a data watch, in the meantime the president has arrived in michigan, soon thereafter will hear from joe biden, both will be busy with campaign appearances, more after this. ♪ (ringing)
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neil: the president right now in michigan, township, he will be visiting wisconsin, minnesota today, joe biden is going to be an iowa, wisconsin, st. paul minnesota, this is a rare day where joe biden is trying to match the campaign pace of the president of the united states, obviously a different venue and handled it differently with the parked cars. we will be moderating this as joe biden's event and the vice presidential candidate event, it was spread out all over the place in the mad -- ahead of tuesday, election day itself come out i want to go to mark meredith, number of other states, north carolina certainly among them in a number of business owners there were very concerned about the fact of spikes in cases and are having of a double-overtime reopening, mark what is the latest on whether they can.
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>> good afternoon, as you were mentioning north carolina has taken a different approach when it comes to reopening their pandemic businesses compared to the southern states nearby, the governor has faced some applause and criticism when it comes to bars about how many people are allowed to have outside, i want to give you an idea what the covid-19 situation and north carolina reporting 2800 new cases and close to 1200 people that are still in the hospital right now 4300 north carolinians have passed away and the government says this situation does change day by day. >> there was evidence of spread over our state and were seen it concentrated more in real areas and were seen it concentrated more in the white population, we are seeing spread and there is no way that large gatherings over large periods of time with people's candy together.
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>> it is no secret that this is just a health issue, it's an economic issue, republican voters have told us, they will be focusing on when they go to the ballot box, they believe that the governor's restrictions are causing more harm than good including republicans say they want to focus a lot between now and tuesday. >> they are willfully choosing not to move forward with opening up the state, we don't understand it, we don't like it and we think there will be a pushback. >> we also expect there will be a big issue for the groups including reopen north carolina, they have been working with businesses trying to force the governor's hand to reopen but it's been a slow and steady approach reopening in the numbers we see now it's unlikely we will see the restrictions lifted anytime soon. neil: mark meredith, thank you very much, i want to go to doctor ratcliffe right now, much is said about the campaign style of both men, joe biden avoiding
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large crowds of what a covid safe environment in the president speaking again and again, but all of this with spikes in cases and spikes abroad, i always love having doctor nina radcliffe, she can say what's proper what's not, good to have you back, i know there's always a concern with the trump rallies that is the danger of a spiking cases, we have seen little evidence of that tied to the rallies but it's still early, i grant you. but what do you think of the biden camp approach to do things much more conservatively, by that i mean no big crowds, no big anything. >> last week president trump i were my facemask and i kept my
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distance from other people and there are other people wearing facemasks and keeping their distance and they are outdoors, i cannot, about what joe biden has chosen to do but it's everybody's comfort level, in america we can make our choices for ourselves. in example of this, for example in taiwan, they find people $35000 for coming out of quarantine, america is a different land. neil: i'm wondering what is going on, should we worry about the spikes, should we worry the facts that the dozen states that had record number of cases, forget about over the last couple weeks or months, since the pandemic begin, what is going on? >> we were told that we will see this happen, this is not supposed to be a surprise we were told as school startup and people go inside because this fall and winter and cold we could see an increasing number of cases, we have not eradicated covid-19 and we will not do that until we have vaccinations and enough therapeutics to do so, i encourage people instead of focusing on the daily tally of cases and getting concerned and
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worried, epidemiologists or see there's other data points that are more informative, what are the changes in the number of cases and we should focus on that. neil: i know it's a bizarre request but in taiwan i don't know what the deal is there but they've gone without a single locally transmitted coronavirus case for 200 days, how is that possible, what are they doing, what can we learn from that. >> there is success story, we want to learn from them but we have to be cautious of comparing apples to apples and comparing the united states to taiwan is comparing an appleton asparagus, they have a very different system, they have a homogenous population, smaller country, they were fined $35000 during the quarantine, even south korea, there was tracking apps, they were watching them on camera and following people into motels, that is not going to cut in the united states, yes we want to learn from them and
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learn how to advanced technology for therapeutics, we want to see what processes work and validator data but again we have to take it in context, context is key when we look to other countries we have to look at what is the population, was the overall health, what is the healthcare system, for example germany and france are going to institute lockdowns again because their healthcare systems are starting to feel the pressure, we know in the united states with the greatest healthcare system in the world when earlier this year there was an overwhelming people being hospitalized the military cayman they brought the uss navy, they built the javits center, we had increase in ventilators, ppe's, personal protective equipment they were brought in from other countries, we have a very different healthcare system. again context is key let's compare country to other countries, we can look to them to learn through their successes but we don't want to cause anxiety or confusion, again we
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knew there was going to be a surgeon we all know what we can do to decrease that, where facemasks and face covering, socially distance, wash your hands, stay home if you're sick, get tested, call your doctor, these are easy common sense things that we all need to do our part in. neil: it's always wise advice and very common, you never freak out, i guess i would be nervous if my doctor was freaking out but you never do so i appreciate that. calling them as she sees them. we've accelerated on the downside down, down 420 points, what are the latest concerns to add to the present concerns. i'm kalvin, and there's more to me than hiv. i'm a peer educator,... a fitness buff,... and a champion for my own health. i talked with my doctor... and switched to... fewer medicines with... dovato.
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are going to make another visit on monday the final day of campaign the shooting of jacob blake and the riots, the arson that followed, the president has been paying a lot of attention in wisconsin and is repeat visits to wisconsin, he frequently mentions commotion, the democrat failed to take control of the situation, republicans in wisconsin are make an argument that unless trump can pull off an upset win, the chaos, the lawlessness and the lack of support for police will continue. >> kenosha, if it can happen in those areas, it can happen anywhere around wisconsin. >> trump pulled off the upset win in 2016 by 1% of the wisconsin vote, he attracted rural voters including 23
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counties that voted for obama twice then flip trump, biden goes into the home stretch with the same lead in the polls that hillary clinton had in 2016, but clinton famously ignored wisconsin in the general election and democrats are trying not to repeat that mistake that why biden is making a third visit with a stop in milwaukee today. >> is psychic thing to play, we want to take back what we think events conspire against and donald trump conspire against to pull off a surprise that nobody saw coming four years ago. >> before the future pack supports biden they are paying attention urban population centers that did not get excited or mobilized in the final days of the campaign. they are emphasizing getting these people to cast their ballots on time and get them to cast their ballots correctly, it should be noted the head of the republican party in wisconsin said that the campaign had been bamboozled with the fishing scheme out of $2.3 million but says that the messaging, then outreach to voters will not be impacted by that theft.
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>> we will have a tremendous stimulus package immediately after the election. i think we will take back the house. neil: that might be a little too late for my next guest, a political development, on the media group, you have been saying that the stimulus is very important, everyone should get it done and they are not in this and we could look for is the day after election day, not good for you right? >> i think the stimulus should've been done long before the selection. obviously i've been endorsing a very aggressive stimulus for months since the very beginning of the pandemic when it took hold in this country but right now, despite the tremendous increase in jobs, the 33% gdp growth, the 14 million jobs we've added since the bottom of the pandemic, we still have
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13 million people unemployed or underemployed due to the covid pandemic and those about 4 million are in battleground states, the main issue is a moral issue, the economic issue, you cannot avoid looking at the political calculus as well. when you have 4 million people, many in the trump base or at worst for biden supporters that are deriving no income or much reduced income as they go in the selection, that is not good, we also have thousands of small businesses that are shuddering or teetering on the verge of disaster, many of the business proprietors are trump voters were inclined to be trump voters. i think it's inexcusable that the republicans and frankly president trump did not take yes for an answer from nancy pelosi when they came back with a 2.2 trillion dollars second
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stimulus. $200 billion, republican said they're willing to go to 2 trillion, i'm sorry $200 billion out of what will be a 6 - 8 trillion-dollar total stimulus when you add it all up, 4% or less of a total stimulus is not worth holding back relief desperately needed relief for middle-class americans millions of middle-class and thousands of small businesses, they should've gotten done, this race is much closer than it would be i believe had they gotten that stimulus package passed. neil: the problem with a lot of that, you know the senate was not keen on entertaining whatever steven mnuchin nancy pelosi would've came up with. but to your point we do not have it, i'm wondering some worrisome developments, no stimulus, markinmarket tanking, spikes ans and particularly as you were noting in the battleground states, should president trump be worried?
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>> here is the thing, this deal could've been done and still could be done, strip out the non-coded related nonsense, keep the numbers, take yes for an answer, they should've told nancy pelosi will do 2.4 trillion, and then strip out all the ridiculous noncovered related expenditures like ballot harvesting and enabling other election law changes that nothing to do with covid and help the democrats and take the padding that was designed to bolster. neil: without it happening, with all this other stuff going on, the spikes and all, if it does seemed like an uphill battle for the president. >> it is bad for the president, the polls are encouraging since august, there has been a steady uptrend and president trump standing in the average of the battleground state polls if you
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look at the polls which are very accurate in 2016, president trump is doing surprisingly well even in states like nevada, all is not lost for president trump but he is playing defense and catch up and a big reason is that millions of his supporters are in great financial distress right now. neil: well put lee, will watch it closely, that might be too little too late but who knows, we will have a lot more after this, the dow down 370-point not getting estimate was paid more after this. when i was in high school, this was the theater i came to quite often.
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♪ the support we've had over the last few months has been amazing. i have a soft spot for local places. it's not just a work environment. everyone here is family. gonna go ahead and support him, get my hair cut, leave a big tip. if we focus on our local communities, we can find a way to get through this together. thank you. ♪ if you are ready to open your heart and your home, check us out. get out and about and support our local community. we thought for sure that we were done. and this town said: not today. ♪
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it's smarter trading technology for smarter trading decisions. fidelity. neil: campaigning continues with the president in michigan and then wisconsin, on and on joe biden, what a busy day, now to charles payne. hey charles. charles: thank you very much, busy indeed, good afternoon i am charles payne and this is making money, breaking, stocks falling again as wall street closes out a disastrous week as the most influential stock in the entire market fumbles really hard, was behind the reason for the pullback and what historic measures from the stock market are telling us about a possible trump when on tuesday, we've got you covered, also the president continuing his grueling schedule for days ahead of the election with more rally scheduled today in battleground states in minnesota, wisconsin and michigan in democrats, even
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