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tv   Varney Company  FOX Business  November 2, 2020 9:00am-12:00pm EST

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maria: have a great day. "varney & co." begins right now. stuart: good morning. this is exciting. adapter the last the hours in the most intense election in our lifetime. candidates will crisscross battleground states today campaigning up till midnight and maybe the on it, but to get your money up and running, running well, look at this. we have a monday morning rally with the dow jones up close to 400 points at the opening bell. 35 higher for that s&p and a solid game for the nasdaq. question: is the market telling us something
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about the election? no clean democrat sweep for example or a trump? is it telling us a stimulus package is coming, not to worry about lockdowns? we will get into all of that. you are looking at a big pre-election rally. so, who's going to win? i don't know. on one side of the polls shows biting with a lead nationally, but in battleground states mr. trump has caught up and look at this impromptu trompe rallies has popped up overall-- all of the country over the weekend. this was in florida with convoys of trump supporters shopping traffic in several states and at trompe rallies, long lines of people trying to get it in. i didn't see any biden rallies or biden bumper stickers. there's clearly an enthusiasm. today a mad -- to the finish line with people
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lining up that mr. trump's rallies. i switched on my tv at midnight last night and saw the president just starting his final rally joe biden will attend to events in pennsylvania and one in ohio today. the biden camp is worried about the low turnout of african-american and hispanic early voters plus they are worried about the strong turnout of white males without college degrees or could they are worried. i will repeat, this is exciting. sit back and watch the action as it is intense and think what that rally is doing for your 4o1k. "varney & co." is about to begin. >> this election is a choice between a depression and a boom. >> this is a dark time for the country.
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>> may want to abolish oil, cold, natural gas. >> donald trumps thanks covid is a hoax. >> if you want a vaccine to kill the virus and cast your ballot, cast your vote for me. >> a president who has waved the white flag of surrender on the virus. >> under my leadership our economy is growing at the fastest rate ever recorded. >> donald trump will be the first president in 90 years who's going to finish his four years in office with fewer jobs under his leadership that when he started. >> we will make america great again. ♪ stuart: away we go. that was quite a weekend. we are now less than 24 hours from election day itself. a moment ago, you heard from the candidates making their final pitches to voters in key
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states. they were barnstorming across the country, certainly across the states up for grabs the president even held held a late-night rally which started past 11:00 p.m. eastern in florida. that was his fifth rally, that fifth rally just on sunday. today the president is outpacing joe biden again with another five stops, north carolina, pennsylvania, wisconsin into rallies in michigan. joe biden will hold to events in pennsylvania and one in ohio with a big number for you, look at this, 93,800,232 people have already voted. i was wondering how the market would look. we are coming off as a rotten week and the election is upon us and look what we have got, left-hand corner of the screen is a market rally keith fitzgerald joining us. obvious question, what is this market rally telling us? >> three things, always look beyond the tape,
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earnings are good and it's always better even if you hate every moment to bet on the upside. the political challenge will clarify who wins and what happened even though we don't know exactly whether it's a biden or trump. stuart: are we just going up regardless of who wins? >> i don't think so regardless of who wins. i think it's very much a measured approach to what happens next because now you are talking about potential clarity on stimulus, taxes, jobs in manufacturing. any number of issues and trading in today's market, investors cannot afford to sit on the sidelines because once the train gets moving its leaving the station quickly. stuart: you think we are going up from here? >> i think we are setting up for a pretty nice to her three month ron, but the one caveat is if for example biden wins and starts talking about taxes and talking about impugning jobs i think the market will lose 25%.
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stuart: that would be an extraordinary selloff. you are saying if biden wins and if the democrats take the senate, give me that scenario, you think we just drop sharply? is that what you are saying? >> i think there will be a measure of stability when they win. i think the moment they talk about taxes and the market realizes they are serious, that's when the selling starts. stuart: what about the virus? we have this second wave, is the market not worried about new lockdowns? >> i think the markets will be worried about it , but i think people are beginning to understand science will beat this thing. i believe it will be this thing. i'm going to get a vaccine when it happens, but i think going back to work, re-creating value, reestablishing manufacturing puts america ahead. stuart: what are you buying today? >> after microsoft on friday and today probably looking for apple.
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i don't think that's happened, the chart looks good. stuart: keach, was surprised to see that green on the screen, but i'm delighted nonetheless-- nonetheless. stuart: on the virus us is reporting nearly 100,000 new cases friday and that was a record. doctor marc siegel comes back to us today. doctor, you don't like lockdowns, so how are we going to respond to this latest insurgent virus cases? >> and i don't like lockdowns because they don't work and there's no sense they stem the tide because most of the spread that goes on within communities. here's what we have to do, talk to number two at hhs friday on the radio he said look, we ramped up testing with over 100,000 rapid tests out there and now they're something called 2 test that these in the nba which confirms the antigen results so we will end
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up with testing out 100,000 people a day with about test, so we will be able in a month or two to come to actually separate out people who have this and don't even know they have it and that will decrease spread dramatically. doctor redfield called it a silent epidemic so that's what we have to do and of course the distancing and masks, but shutting down businesses a huge mistake and cost us dearly economically, mentally and physically. stuart: we are going to shut down businesses and travel, new rules in new york state, if you want to come from 43 different states to new york you need a test before you arrive and you have to have another test three days after you get here. i don't know how that will work, doctor, but it's a form of lockdown and restrictions coming at the state level, not the federal level and it is happening. >> that's true, stuart. it's happening the day after election day, interesting governor cuomo chose that period
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of time, so he will make you have a mandatory test for days after you return. medically that's the right time to the test, but in terms of people's liberties it's troubling. already he has something in place where you quarantine for two weeks if you come from one of those states and that's really difficult and impossible to make that happen, but mandatory testing will be difficult to have happen and where you will get it from. when there is a lot of testing it may make sense, but in the meantime it will restrict businesses. stuart: thank you. we will see you soon. thank you. we have some polls here, real clear politics gives joe biden a slight lead in florida. the state's largest retirement community, by the way, known as the villages voted overwhelming or trump and 2016 to swing the state to president trump. ashley webster is there in the middle of it.
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you have a friendly reception there i can tell. is it still trump country? ashley: it certainly is at least three people. thank you. the largest retirement community in the united states, 130,000 people plus. in 2016, donald trump got 60% of the votes to hillary 2029%. this is trump country, but there are some indications that perhaps more from the other side of the aisle are moving in. i went to bring in a guest. fred stark. fred, thank you for joining us. fred is a retired autoworker from michigan and has lived here for 20 years. why are you out here for donald trump rex was the key issue? >> safety and supporting law enforcement and for making our country great again, which trump has done. i was a retired autoworker for 34 years,
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i retired when i was 52, think the uaw, but after finding out all these years being a democrat supporting uaw, that's not the way to go trump made our country better. uaw should be backing trump because trump brought factories back to michigan, ohio, tennessee and brought back manufacturing to our country. he's making our country safe again because of law enforcement. he's a supporting law enforcement and i have been blessed to be a retiree from chrysler corporation and thank you to foxbusiness for being so supportive and the only real factual news and it's too bad real media-- ashley: thank you. very quickly before i throw it back, what about stuart varney? [cheers and applause] ashley: someone just said who come i will take care of that.
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stuart: we will get back to you later in the show. thank you. to all of you down there, appreciate it. to the futures-- did i do say back to the future? i did. 360 on the dow jones, plenty of green. businesses across the country bracing for unrest after the election, may be ahead of it. joe biden says it's all president trumps filed and promising voters he will vote in that demo-- donald trump's chaos. here's a question: will there be any writing and looting if a biden wins? they are boarding up the cities to guard against a trump when, aren't they? president trump wrapping up is jam packed sunday. he rallied the crowd with this message. >> we are not going to bring to this country that things people flee. not all democrats are socialist, but all socialists are democrats stuart: that's a good wine. i will ask maria what she thinks about it as she joins me later this
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stuart: i see a lot of green on the screen with plenty of optimism. and my picking up on the right emotion? susan: great way to start the week. bullish bets, the highest in two years as investors are bargain-hunting after the worst week since march. futures predict a recovery in the s&p 500 after two months of losses. the broader index lost over 500-- 5%. analysts in this weekend to watch that hasn't yet 3200 level so we are
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just about there, 100 about that which is great because if we go below 3200 they say the losses will accelerate, but there should be a lot of support around about 3200 level. also after the selloff last week they say they expect a brand-new all-time stock market highs for the first quarter of next year and that's no matter who wins the election because there will be a stimulus package no matter who occupies the white house and hopefully a vaccine. stuart: let's stay on that theme with the stimulus package no matter who wins. stephen moore is with us would you say that's accurate that no matter who wins there will be a stimulus package after the election? >> i will first contend that the reason see this kind of optimism this morning in the stock market with these features, stuart, is because trump surged over the weekend. it's become an incredibly competitive race. i would give slight odds
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with bottom-- biden, but not much. stuart: he has surged nationally still behind, but in the battleground states he is even or sometimes slightly ahead. so, you put some optimism because of trump surge over the weekend. what about a stimulus package? >> let me finish this point. i believe for investors there's no question about it that trumps agenda is more bullish than abiding packs increase in corporate taxes and so on. the stimulus plan is kind of hard to figure out. i have been talking to friends at the white house about the plans after the election. if trump wins, i think there will be a deal with nancy pelosi, it won't be true-- 2 trillion, may be a trillion and a half which is still huge if trump loses, it's hard to predict what happens. what will nancy pelosi
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do, will she take a harder line position than she has? could they make a deal in the weeks before joe biden takes over? hard to predict, stuart. stuart: optimism about a stimulus package is not out-- part of the optimism on wall street? >> i don't believe stimulus packages are actually good for the economy. in fact, when we have such massive debt and we have already spent two and a half trillion 90 see a lot of the package that will be positive for the economy. i am saying i think one way or the other there will be a stimulus package. the question is when it happens. if biden wins democrats may say we will wait until joe biden takes over and pass a massive massive at three to $4 trillion spending bill. look at the biden and gender and it's loaded with spending. i think you will have a stimulus, but it will be delayed under biden
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democrats will say i-- we will not deal with donald trump anymore, he's a lame duck. but if trump wins you could see something in two weeks. stuart: we have a soft market rally this monday morning before the election. >> a trump rally, stuart. stuart: i will call it a trump rally if you like. by the way, who do you think's going to win? >> i think the momentum -- i'm going to go with the momentum, another trump shocker. stuart: okay. you are on tape, stephen moore. thank you appeared got this in from facebook, the are temporarily halting recommendations on political groups. lauren, what is that mean? lauren: they will no longer recommend political or social issue groups to users. it's a temporary move. the worry is their algorithms make these recommendations and sometimes those groups
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spread misinformation and encourage discord, extremist activity and facebook wants no part of that so that changes are in effect now until sometime after the election and about sometime after the election, when we have a winner. no one knows, so i can't wait for tomorrow in the days after. not wiki-- waking up wednesday morning with an answer. stuart: you don't think so? lauren: no. stuart: we are looking at a rally when the market opens. on your screen, plenty of cream, of 350 on the dow jones. nasdaq up about 80, 90 points with a solid gain we will be back with more on this monday morning rally. ♪
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this morning you have a bit of the quiet before the storm. we may not know the results of the election tomorrow, but at least the election will be behind us we have thus said later this week, that's going to reiterate they will be incredibly accommodative and i think people know regardless of the outcome of the election in one way shape or form we will get stimulus. stuart: so, you have stimulus. you have the end of the election in a couple days theoretically, but you also face lockdowns because of the second wave of the virus. isn't that a negative for the market? >> without a doubt, i mean, last week i would argue the vast majority of the selling was a result of people extrapolating what's happening in europe will happen here and even if we don't have the political to occur in the united states at a minimum it's going to impede global growth, so that was a big part of recalibrating earnings estimates for multinational companies
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stuart: a lot of our viewers in talking to me say we are worried about the lofty levels of stock prices given the uncertainty of the election and they are thinking about bonds. i don't think much to that because you don't get much in bonds, so what's your opinion? >> i think you have heard me say this before on your network and about the bind long-duration bonds is paramount to stepping in front of a steamroller to pick up a dime. i would argue there's more risk in long-duration fixed income and the long-term bonds than in equities. @spanking it's hard to be bearish on equities given how low short-term rates are but with the fed targeting inflation -- excuse me, averaging inflation not targeting it by definition they will let that run hot. all this money printing will ultimately lead to higher rates which will hurt bond prices. stuart: can i raise one issue and viewers have raised this to me as well.
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if biden wins the white house and democrats retake the senate and hold the house, that is our viewers suggest is bad for the stock market would you pass opinion on that? >> i would argue in the short run the market is fixated on getting more fiscal stimulus, so i think the initial reaction will be to the up side just because we have the election behind us and 2.2 plus trillion and fiscal stimulus will be a foregone conclusion , but at some point the rubber needs to meet the road and greens have to grow in stock prices will make up-- wake up to a higher pack's regime. is that moving money from the right to the left pocket of the wealthy to the not so wealthy or does it create a trickle-down effect that adversely affects anywhere-- everyone? the jury is still out, but that's what people have to commend with. stuart: we have 30 seconds until the opening bell and i see a lot of green on the screen.
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thank you. appreciated. we are off and running. this is the monday right before the election and i get a sense of excitement, susan. susan: also, getting overshadowed is the fact we have a federal meeting this week, which-- we will still get a lot of stimulus for the stock market. stuart: i think you are right. right from the start you are up over 300 points. just opened up, seven seconds in an ic 29th of the tao 30 in the green, this is across the board rally, virtually every single section of the market i can figure out is on the up side. i have american express unchanged. only one of the doubt-- dow 30. dow jones is up 1.3% s&p up 1.7%. nasdaq composite is up
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.84% so the best game is on the dow jones. another busy earning morning. a lot of them have already reported. picked the highlights. susan: estée lauder, the stock is up big today up a 6%. saw strong chinese demand and a surge in online orders for its skin care products. customers were stuck at home and opted for moisturizers instead of traditional makeup item's. you know well i'm sure, stuart. what about blowout earnings for clorox. sales jumping the most since 1998, 22 years for this quarter so stratosphere demand for clorox wipes and cleaning goods as a result raising their forecast for the year and that's why they are getting rewarded today. paypal up ahead of its earnings after the bout took paypal will report strong earnings with this shift mobile online banking that's
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accelerated thanks to covid. also bitcoin and cryptocurrency, but all in all corporate america is doing well. stuart: yes, they are. we are up about 380 on the dow jones in the first minutes of trading, 335, sorry eric one and a quarter percent. show me amc networks, please. i just got their earnings. you have the numbers forming lauren? lauren: they operate their namesake cable channel with revenue $664 million lower than last year and they are blaming declining ad revenue but they are bullish on streaming expecting more than 5 million paid subscribers by the end of the year was stock up over 1%. stuart: thank you. looking at big tech, higher this morning almost across the board. facebook, apple, amazon on the upside and i think the other two big techs are up as well.
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anything special? susan: selling off on friday despite the huge profit-- profits, that actually benefits these companies with remote work and schooling trends and $38 billion in collective prophet is not something to scoff at. google, $1900, more than a handful on friday and amazon were $3900. checking in on the amazon, the average amazon analysts and you could make 23% more on the stock according to them with the google may be up to 10%. apple up 12, so i would say they would benefit from more lockdowns and by the way look at what happened in europe over the weekend, it's not as bad as people fear. it's one month with restaurants, bars and fitness clubs. you can still go to work and send your kids to school and some say that's not as long as feared. stuart: that's a plus, i guess and big tech is. look at dunkin' donuts up 6%, really big.
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why? lauren: it's being taken private bot by a company called inspire brands for $8.8 billion, one of the largest restaurant deals we have seen. inspire brands owns arby's, buffalo wild wings, sonic, jimmy johnson is the second biggest chain after mcdonald's. what's important about the deal is it's a bet on what happens after the pandemic with the future of restaurants and the essentially same customers will go back to their old routine getting breakfast on the go, going to school and work and they will ditch the drive through and actually going. i like that. stuart: i guess, but who knows how things will work out. we are changing our habits and who knows what we go back to and what we don't. i see dunkin 6%.
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airlines, now they are trying a new pricing strategy. what is back, lauren? lauren: by one and get one free. bow go. it's about making people feel comfortable lying again so i would say about three airlines, alaska and they say if you buy one you get the other two free because they are keeping the middle one open and that's encouraging to a lot of people. in europe ryan air is offering two tickets for one. experts say this is so much easier for the discount airlines because they are used to charge all the extras. it's usually as cheap as possible, but you pay for everything else. stuart: get them on board somehow or another. check out big board again with five and half minutes into the session and we are up one and a quarter% in year treasury yield, .83%, actually down four basis
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points the two backup from seven levels we saw last week when there was fear on the market, so that's pretty good. stuart: gold, just a little shy of the $1900 per ounce bubble up $11 i'm intrigued about bitcoin. susan: now you are. stuart: now i am. it's now 13620. this is an important market. oil, $35 a barrel. they were well over 40 as we come i think. lauren, what's going on with oil next. lauren: forty over the summer when people were doing this again, but now down 11% last week and extending the decline today. you have lockdowns we take keep talking about in europe, britain, france, belgium and the theories any sort of containment measure that comes here crimps travel demand. libya output is up so
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supplies elevated and the demand is pressured. that's not good for the industry. stuart: with oil at 35, $34 a barrel price of gas keeps falling with the national average $2.12 a gallon and coming down. as with oil of $35. president trump signed an executive order to keep fracking going in pennsylvania. with the energy secretary thinks about that. he's on the show in the 11:00 a.m. our. look at this dramatic headline from political reading: we have got to stop the bleeding, democrats sound the alarm in miami. florida senator rick scott is here to react to the tight race in that state do fox poll shows voters trust president trump more than biden on the economy, so shouldn't this be a easy choice at the polls? i will ask maria as in maria bartiromo what she thinks about that. she joins the next.
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>> we can build back better with an economy that rewards work, not wealth. >> joe biden will shut down your economy, raise taxes. he's the only politician i've ever seen who said, we will raise your taxes stuart: it to look like it was snowing there on president trump and there was a cry in a t-shirt in the background, i mean, it looked cold to me. there was president trump and joe biden making their final page to voters on the economy. maria bartiromo is with us and she has a new book about the world
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need in an economic revival after the virus shut down and maria joins me now. maria, terrific timing on the book of there . who's going to give us an economic revival? maria: well, stuart, thank you. of the book chronicles the last four years of this unprecedented and unconventional president and clearly the economy is the number one priority for president trump. i think wall street is making beds in terms of what programs will impact the economy and you have to believe lower taxes and lower regulation is the answer which is president trump's plan. having said that, wall street firms are coming out with different portfolios in terms of fighting stocks and president trump stocks and when you look at biden stock its things like renewable energy, electric vehicles because of the green plan he's talking about and a lot of wall street firms are trying to put good faith on the fact there is spending coming out of biden while president trump promises to lower taxes, so we go
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through in this book about the last four years and unprecedented resistance this president faced as well as some of his masses successes. the media doesn't want a report about the tax legislation, new regulatory efforts and all those new trade deals. stuart: would you mind going through a couple of different election scenarios with me in figuring out where you think the market will go? first off, a clean sweep , biden takes the white house and democrats retake the senate and hold the house. what happens to the market? maria: i think we have a massive selloff because men we know all of joe biden's promises will get through swimmingly throughout the senate, so in that case expect a major selloff in the stock market. stuart: idea number two, biden wins the white house, but does not, the democrats don't retake the senate so you have a divided government. what does the market
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duplex. maria: typically markets like divided governments and then it's all about economic growth. initial reaction likely would be positive to have a divided government. it's usually positive for the stock market, but then it's about the fundamentals. will grow continue to come through and will we see things like that 33% gdp and 5%, 10% growth in 2021? that would be a positive initially see one that president, second term for donald trump and of the republicans keep the senate. what happens to the market? maria: at major rally underway if that is the case. you have to believe wall street will believe that president trump's policies will get through easily and he is promising another middle-class tax-cut, promising more deregulation and promising to keep the stick it open on energy which would create new jobs and he's also promised to hold china accountable and i was in
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that scenario a major stock market rally and it continues as growth figures continue up. stuart: that's a good run through and i think actually i agree with you in every case. i think that's exactly what will happen if those three scenarios pan out. i went to talk about, something to editorialize about in a couple minutes and that's the conspiracy of silence from the media, social media and the biden campaign to protect the biden from nasty questions, suppress any scandal stories. i don't think i have seen anything like this before. maria: i haven't either, stuart. the other day i tweeted, what are we in communist china. it's disgusting and a dereliction of duty by the media and don't forget the fbi having sat on hunter biden's laptop for a year. i went to connect the dots to good national security because we can talk about that tens of
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millions of dollars hunter biden pocketed from these deals across the world, but when you connect the dots to national security you can see how serious the issue is. when hunter biden did a deal with the bank of china to create a hedge fund, that hedge fund helped a chinese military contractor in china to acquire a michigan-based auto parts maker. at one point the company was a sanctioned by obama administration, but because of the personal relationship hunter biden had and we know this from e-mails that have been released and revealed, because of that personal relationship the biden's were able to get the chinese communist party approved for-- to acquire a auto parts maker out of michigan. this is the huge story because this company is an auto parts maker, but the technology it produces has dual use for the chinese military , so stuart, for the last two years we have been talking about
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chinese copy this party's constantly stealing our intellectual property, one thing that stopped the chinese communist party from stealing our technology was they were getting approval by the us government. under this scenario because hunter biden and joe biden had that influence, they were able to get them to approve that deal for a michigan auto parts maker and a that's when you understand that this goes way beyond the millions of dollars hunter biden pocketed from the deals it's about national security of the united states. stuart: maria, you have dug into this more than most and we appreciate that because it deserves the coverage which it's not getting. maria, thank you, always appreciated. don't be such a stranger and we are watching you throughout the election process. maria bartiromo. thank you. checking markets, we are 28 minutes into this a session, up three on the dow jones and 111 on the
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nasdaq. president trump is warning he may take legal action if he thinks tomorrow election is unfair trump 2020 senior advisor mercedes to discuss that on the program. businesses across the country preparing for unrest after the election or do they think we will have unrest if the biden wins? does anyone expect that? we have the story for you coming up next. ♪ shares are carefully constructed. to go beyond ordinary etfs. and strengthen client confidence in you. before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. before discovering nexium 24hr to treat her frequent heartburn, marie could only imagine enjoying freshly squeezed orange juice. now no fruit is forbidden. nexium 24hr stops acid before it starts
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the police say no credible threat, but many groups have filed for permits for larger demonstration so they are being cautious. la, downtown businesses are securing a storefront and rodeo drive is closed for two days starting tomorrow. in new york city the high-end shops in soho are boarded up the chain of stores also boarded up particularly and chelsea with a luxury department stores hiring guards. in the portland, home to the social justice unrest and riots we have seen four months with private security guards hired and city police, although they have less funding, they are increasing staffing, stuart. stuart: doesn't do much for the economies of those cities. good report. thank you. we have begun the sales at record levels between january and september of this year with record number of guns is sold. how many?
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susan: 60.7 million exceeding the previous record last election year in 2016 with 15.6 million guns assault. interesting it takes place in election cycles with firearms sales up compared to last year. forecasting these numbers, the biggest spike in gun sales from march till august at the height of the covid lockdown and also george floyd protests. first-time gun buyers have been driving up sales with women making up 40% of the first-time buyers. stuart: extraordinary, the whole new bunch of people in this country you have a gun in the house for the first time. susan: demographics are interesting with women making up a 40%. stuart: not a good sign, i would say. i'm a defender of your right to bear arms, but seeing this fear, it's concerning. speaking of guns, walmart are putting their guns back on the
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shelves. susan: walmart said current incident of unrest only applies to specific cities so they are returning guns and ammunition back to the sales floors of walmart's that are not at risk took a quick reversal or guam are to initially announced they would remove all guns and ammo from sales floors in the nearly 2500 walmart stores. they were concerns of over unrest retailers in general have been on edge of this year after looters smashing windows, stealing merchandise and at times setting stores on fires in chicago, new york, portland and other cities. stuart: had you expect these cities to come back in this environment? susan: your. stuart: thank you. still ahead, mercedes schlapp, rick scott and his secretary of energy dan brouillette all coming up.
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♪. stuart: susan, you just said, money, money. appropriate to me? susan: for the markets on this monday. because we're in the green. we're making money. stuart: got yourself out of that one nicely. it is 10:00.
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for the love of money, stocks are indeed rebounding after the worst week since march. it is a rally on this day before the election. the dow is up 427 points right now. that is 1.6%. that is a big gain. the nasdaq composite is up 129 points, 1.1%. look what is doing it. obviously big tech, all of them except for amazon. but the rest are on the high side, moving up that is. nasdaq moving well. do you believe, yeah, it is true, we're 24 hours from the election, it has arrived at long last, 14 hours to be precise. here is the big number, 93 million people have already voted. a record. nearly twice the pre-election turnout of 2016. on your screens right now. the campaign stops for the two candidates. mr. trump heads to pennsylvania, wisconsin, north carolina and michigan. biden is off to pennsylvania and ohio. crisscrossing the battle ground
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states. i think we got some numbers, they are important. manufacturing indicators. isa. dow is up. lauren: 59.3. this is stronger than we thought. this is the sixth month where the manufacturing sector has grown to show momentum. larry kudlow, economic advisor to the white house always on the show talking about the need to rebuild inventories. that is happening. demand is is up. solid news on the manufacturing front. stuart: get news on the manufacturing front. got that. do we have construction spending? susan: a little tepid only growing .3%. market was looking forward to something 1%. a billion dollars. that a lot of money into the u.s. economy. u.s. manufacturing, fastest pace since september 2018. stuart: i think that is why the market was up. there was a sudden jump on the manufacturing news. you're up 440 on the dow.
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you're up 136 on the nasdaq. all right, everybody, now this. i have covered every presidential election sense 1976. i have never seen anything like this. the extraordinary thing in 2020 has been the conspiracy of silence. a successful conspiracy of silence. the mainstream media, the social media, and the campaign have shielded joe biden. they have covered up damaging stories. they deliberately avoided scandal. they organized the candidate's schedule to keep him from pesky reporters. did you see anything over the media joe biden perhaps compromised by taking money from china? "the new york times" will go to the end of the world to investigate mr. trump but suppresses the joe biden hunter china money scandal. never touched it. did any reporters question the vice president about packing the supreme court, about fracking,
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impact of trillions of dollars worth of new taxes or the cost of electricity or gasoline with the group new deal. there was no such question. the campaign didn't want it. they never have. they know, they know he can be shaky when put on the spot. they know the media can be relied on to protect them. we to into this the election where one of the candidates has not gone through the traditional vetting process. normally a candidate has to shuttle around the country to show they have the stamina required. joe stayed in his basement. normally the media would probe for any weakness. this time they looked the other way. normally there would be open debate. this time was shut down by the conspiracy of silence. this is not happened before. it should never happen again. the second hour of "varney & company" rolls on. ♪
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♪. president trump: the world is waiting to find out and i think there is great danger to it and i think a lot of fraud -- we're going to go in the night of, as soon as that election is over we're going inn with our lawyers. stuart: there you have the president warning he may take legal action in pennsylvania over the counting of mail-in ballots. mercedes schlapp with us, trump 2020 senior advisor. the president says we'll go in pennsylvania, maybe the day of the vote, maybe tomorrow, what exactly is going on here? i don't understand. >> well you know the president wants a free and fair election. that is the most important thing we want every vote to be counted once. what we don't want are these scary, dangerous tactics by the left where they are obviously pushing forward, whether it be you know, allowing for mail
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ballots to come in postelection and trying to count these ballots that might not be postmarked or they don't really note on the signature verification of some of these ballots as well. so there is serious questions there that we know could lead to voter fraud and the president wants to be very clear we're going to be prepared election day to deploy our legal teams in these different states to insure that we uphold election integrity. stuart: well, your opponents are saying he doesn't accept the vote? >> well that is just outrage just because we know that at the end of the day the ones who have been trying to delegitimatize this process, this election process this voting process has been the democrats, they came in late in the game to change many rules in states like nevada nevada where they fundamentally changed the voting system. they're allowing, for example weak signature verification when it comes to these ballots,
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allowing them to accept ballots postmarked after the election or with no postmarks after the election. that is troubling. people want to know who is going to win this presidency on election day. we don't want to be waiting weeks and weeks on end. it is why we want to make sure there is no voter fraud. that the democrats at the end of the day don't take advantage of this election and the voting system in these different states so we're well-prepared to handle this. at the end of the day my gut feeling we're going to win with big voting margins in these different states pause the enthusiasm for this president is greater than anything i have ever seen in politics. i got to tell you when joe biden is spending his time angry and screaming at the television and you have the president trump who is able to bring up a crowd and have a crowd to 10 to 30,000 people showing up in each of these events, some them a good percentage, 20 and 30% who didn't even vote in 2016, come
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on stuart, this is about a big movement we're dealing with. president trump has changed pole ticks forever. stuart: i will not argue with you. there is clearly an enthusiasm gap and i saw that this weekend in the tri-state area around new york. pro-trump rallies, convoys of cars, flags flying, they shut down for a while the garden state parkway. they shut down the mario cuomo bridge, used to be the tappan zee bridge. shut that down. there is no question trump supporters are out there in very, very large numbers. let's see if it carries through to a win in the popular vote and electoral college. mercedes, took up so much time at the end blattering on myself. see you real soon. >> thank you so much. stuart: sure thing. thank you. the market continues to rally, up 450 for the dow. up 118 on the nasdaq. you're back above the 11,000 mark there.
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look who is here, market watcher dennis gartman. we're the day before the election. we've got a rally on the stock market. what is the market telling us about the election perhaps? >> i think it is telling you that the senate races that used to be in question, joni ernst, for example was five or six or seven percentage points down a week ago is up five or six percentage points in iowa. there is a seat the republicans looked to be losing in the senate are now going to defend. same thing is probably happening in north carolina with thom tillis. looks like lindsey graham will win his seat in south carolina. tillis' seat looked like up for glance. it will be defended. instead after possible democratic takeover in the senate. looks almost impossible for that to happen. the enthusiasm you were talking about for the republicans is quite extraordinary. unlike anything i've seen in my lifetime. i think it will carry over. we'll seeit happens in mr. biden
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or mr. trump's favor. i think he will lose the popular vote by rather substantive amount. clearly california will go, 60-40 in favor of mr. biden. new york, massachusetts, will go by the same. mr. trump will lose the popular vote but can he defend the electoral college? that is up for grabs. a week ago you would have said no. i will have to say probably will defend himself. market is liking the fact we are going to have a continued republican senate, maybe, at least maybe a republican president continuation. stuart: it is optimism about the possible election result that is fueling this. anything to do -- >> i think that is exactly what is going on. it has been a large change in momentum the past several days. the amount of enthusiasm, i'm not a great supporter of mr. trump's. my wife on the other hand is a verdant drummer. i will vote for him because i can't vote for mr. biden. i think there has been a change in momentum that is rather
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abundantly clear. stuart: next time you're on the show would you mind putting your wife on. we kind of like that. but you don't feel too good about mr. trump, you want to explain why? >> i have always been reticent about his positions as far as trade is concerned. he has been a believer in tariffs. i have never been a believer in tariffs. he has not been an old line reaganite free market orient the republican that i grew up with but he has done an adequate job. clearly he has done a great job when it comes to deregulation. he has clearly done the right thing when it comes to reducing taxes. the changes in the past several weeks or months as far as foreign polly are concerned are quite support i have. i have had a problem with him on trade. that is my area of tenuous difficulties with the president thus far. of the two, there is no question who i prefer. not a question at all. stuart: bring your wife on next time. we would just love to talk to
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her. >> everybody likes her more than me, no question about that. stuart: i am not getting into that. >> it's true. stuart: dennis, you're all right. come see us again soon. you will see us after the election. we'll see how it turns out. mr. gartman. the dow, s&p, nasdaq, they all ended up october in the red. there were some winners though. we got, take us through, please, lauren? lauren: some winners is a big deal because the backdrop, the dow is down more than four 1/2% t was the worst month since march. the nasdaq and s&p lost over 2% each. look at this. you have these stocks up double digits. tapestry was number one on the s&p. it gained more than 30% in october. what did it do? solid earnings, raised prices suck questions fully on things like coaches handbags and stuart weitzman boots. under armour, sneaker, workout gear are hot sellers. general electric as well as
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general motors, did well. for ge, the turn around is looking promising for some. renewables, free cash flow all looking good. for gm, we're buying cars. in 2021 dealers will have to replenish the inventories. stocks up double digits last month too. stuart: up double digits last month. most of them doing pretty well this morning. first trading day of november as well. we have violent clashes, erupted between "black lives matter" and antifa members in washington state after the shooting of an armed black man. we have a report on that coming up for you. president trump trailing joe biden in battleground wisconsin by 17 points. what? according to an "abc/washington post" poll. rachel come pose duffy campos duffy, she is wisconsin lady. what does she make about 17-point gap in the poll. does trump win florida big time? i'm asking florida senator rick scott. we're taking you live to the
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stuart: the rally progresses. we're off very close to 500 points that puts just a fraction away from the 27,000 level. the nasdaq is up about 150 points, 1.3%. i'm looking across the board here, susan. and i can't find any big sectors that are down this morning. susan: there are individual losers. looking amazon is down a little bit. tdoc. telehealth is losing a little
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bit. they're recovering from the losses last week. manufacturing number we got at top of the hour, fastest since december of 2018. encouraging that factory floors are churning during covid. you and i walk up this morning looking at the options market. the back people are tying futures tied to gains to the s&p at the fastest rate in two years, they expect no matter who wins the election a big stimulus package to come. more earnings, better earnings from corporations. stuart: you said, when you woke up you looked at the options market. when i woke up, i looked at it. v, there was president trump, still speaking to a rally in florida. susan: you wake up 2:00 in the morning. stuart: 12:30. he was ending his last rally of the day. he was going extraordinarily strong. the energy in the man was amazing. susan: he is incredible. stuart: the crowd was absolutely lapping it up. they were feeding on each other. i never seen that kind of intensity before an election. >> enthusiasm is there.
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we wake up very different hours. that is what i gather. i think it is risk on. stuart: i think you're right. now we're up 527 on the dow industrials. an hour ago on this program we took you to the villages in florida. they like us down there. ashley webster is right in there in the villages. yeah, the party is still going on good and strong. well-done, ash. what is their biggest issues in the villages. ashley: it is interesting. but the economy is always the big issue, stu. even above health care. so on that end, they say donald trump is the winner. by the way the unofficial poll that people go by here, if they honk they're for trump, get middle finger you're biden. four among -- honks, four to one for the president. that is very unofficial.
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if you look at number of covid-19 deaths in florida, the number is 82%, the death rate seniors 65 and plus. so as you can imagine the biden campaign has tried to make covid an issue but so has the president on the other side. listen to both of these sound bites. i will come back to you and explain a little bit more about the issues. take a listen. >> superspreader parties at the white house. republicans hug each other without concern to the consequences. how many of you have been unable to hug your grandkids in the last seven months? president trump: i took very rapid action to ban travel from china and europe and biden opposed it. we pioneered incredible therapies and we reduced the fatality rate by 85%. think of that. what we've learned. ashley: but again, stu, the economy is number one for these people here. by the way, florida is a swing
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state. 29 electoral votes. there is no very easy way for donald trump to be reelected without the florida vote. 60% have already voted early. we'll get a very strong indication tomorrow night after the polls close at 7:00 p.m. here as to where florida voted. they have already been tabulating the early vote. so here in the villages, i think donald trump is a favorite. the question being, by what margin? 68-29 four years ago in favor of donald trump. is he going to keep that same kind of support? these new friends of mine say yes. stu? stuart: you get all the fun, ashley, you really do. i wish i was there. thanks very much, ashley. we'll come back to you in about an hour from now. thank you very much. look who is here now, senator rick scott, republican, the great senator from florida. mr. senator, i simply want to know this, i know what you're going to say, will trump win big
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in florida? >> stuart, i was at the rally last night at 12:30 at night. you wouldn't believe it. there had to be what, 20,000 people there? they were all for trump. look there is so much enthusiasm here. i think trump will do better than he did in 2016. there is way more enthusiasm. look, biden, the issues favor trump. in florida we like a good economy. trump's for a good economy. biden had 47 years, has no idea what to do with a economy. floridians, we don't like taxes. joe biden wants the biggest tax increase in the history of the country at the wrong time that will not go well. we don't like socialists in this state. we had a lot of people move here from venezuela, nicaragua, cuba. he already said he will negotiate withmaduro in venezuela. he doesn't go here. i put an ad up. good for my kids and grandkids
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if president trump gets reelected. stuart: we had individual yes from the villages i'm sure you saw that. >> looked fun. stuart: it's a lot of fun. looked like the whole state of florida is open for business and almost back to normal. is it that the case? >> the whole state is back, the whole state is back in business. we still have to work to get our cruise industry going again. we have to get tourism industry up. you better buy your house now here, stuart, get your house, lock it in. so many people are moving here. this place is own fire as far as standpoint of the economy going really well down here. stuart: mr. senator, i know you're busy. we always appreciate it. thanks for being with us again. >> thank you, stuart. stuart: sure thing. we have the uk under a one month lockdown. virus cases there spiraling up. brexit guy, nigel farage. he is totally against shutdowns
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of any kind and he is here on the program in our next hour and he is back in america too. how about that? president trump holding a rally in ken nobody, wisconsin, tonight as he fights to hold on to the state. we'll take you there next. ♪ i have an idea for a trade. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior decorator. voila! maybe a couple throw pillows would help. get a strategy gut check from our trade desk.
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stuart: all right. the rally holds. now we're up 517 points for the dow. 133 for the nasdaq. that is a rally. take a look at big tech because that's what is moving the nasdaq. all of them are higher. alphabet is up 2%. facebook 2%, apple is up almost 1%. earlier we had -- thank you finish my sentences for me. pretty useful function. they're all, up okay? big tech is doing well. let's go to kenosha. we're going there because it is one of five stops that the president will hit today. jeff flock right now is in mount pleasant. he will go to ken nobody that later for the rally tonight -- kenosha. right now he is in front of the foxconn plant.
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why are you in front of the foxconn plant? reporter: if the president fails to capture wisconsin as he did four years ago, it will be because of china, not just the virus. wisconsin had the deadliest since the pandemic started. but the foxconn plant. you remember the big groundbreaking here two years ago. the president was here ahead of with foxconn. 10 billion-dollar investment. 13,000 manufacturing jobs. turns out they employed about 200 people. they said they canceled their plans to make a big manufacturing plant. people here in wisconsin, who had promised foxconn huge tax breaks are pretty hacked off about that. that may contribute to the reason why the president hasn't led a poll in wisconsin since march of this year. that said, i point this out to you, for those who would like some positive news for the president's campaign. most respected poll in wisconsin, the marquette poll in
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2016, had hillary clinton winning the state 46-40. the result as perhaps you know. hillary clinton had indeed 46% but president trump won the state. i point out this poll, this year, the same marquette poll has biden up less in this state than hillary clinton four years ago. that is the positive. the negative though, well, most of the undecideds four years ago broke for trump this time. two million people have already voted. we'll see how it turns out. stuart: only time will tell. i will will not say it but i think it is right. by the way foxconn is a taiwanese company as opposed to a chinese company. subtle difference. jeff flock, thank you so much indeed. i will show you a "new york times" sienna poll, president trump narrowly trails biden in four key states that he
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won in 2016. rachel campos did you have city joins us. we have a "abc/washington post" poll up 17 points in wisconsin. "real clear politics" puts biden up 6.6 points in wisconsin. you're from wisconsin, that is where you are. how can the polls be so wrong? how can trump pull out a win with polling numbers like that? >> i think they are wrong. if you talk to the people trump campaign in florida, they believe the polls are off by about four points. that they are winning or going to win florida. if that is true here in wisconsin, that the polls are off by that much, this is a dead-heat which is what sean, my husband sean and i saying all along. it is tight. it will be a nail-biter. but i think trump has advantageses notwithstanding what your reporter said about foxconn. people are disappoint what happened with foxconn. there are other advantages the trump campaign has. one this summer i was in northern wisconsin, i ran into
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some people from the trump wisconsin team who couldn't believe their luck that joe biden campaign had made a strategic campaign decision not to go door-to-door. they have no ground game. in fact the staffers were out-of-state doing everything digitally. the trump campaign for months and months have been going door-to-door. identifying voters. making personal contact. people like myself who no politics no really matters. i think with campaign malpractice whoever made that decision because we know wisconsin would be fairly close. the other thing stuart, i think it is interesting, are the rallies. a lot of people poo-poo donald trump for doing rallies, whether it was for covid or because they think they're cheesy and waste of time and not very indicative. i disagree completely. one of the things that the rallies do, they collects a lot of data at the rallies. you can't go in without giving your name and phone number.
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one of the things they saw in wisconsin, it is true in couple other states, in wisconsin, they saw 40 to 60% of the people attending these rallies are not republicans. they're either independents, they're democrats or unaffiliated. and so i believe, have believed for a long time trump has expanded his base, even more so in this election because of the issues he has gotten behind with blue-collar workers. i think that is what is going to pull them over the line tomorrow night. stuart: let me add to that we have new poll which shows biden, he has got two to one lead over president trump with latinos. that is not good for trump, i would have thought. >> no, but again i think there is silent voter there as well. in florida donald trump is winning hispanics 50%. and high-water mark for a republican with hispanic vote is
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40% which is what george bush brought in. donald trump had 29% in the last election. i believe again, enthusiasm, issues democrats handed over to donald trump on starting with shutting down, lockdowns, hispanics don't like that. socialism, they took the socialism mask right off when they got excited about alexandria ocasio-cortez winning that seat. everybody rushed to show they were really the true socialist. that doesn't play well with a lot of latinos. also donald trump, appeals to a lot of older male hispanic voters who like he is a entrepreneur and are not at all turned off by the fact that he is a tough-talking ceo. he is trailing biden in hispanic males by only eight points. stuart: it is just fascinating, isn't it? >> yeah. stuart: fascinating how the thing will turn out. i personally will not make any predictions because i'm not going to make any predictions. simple as that. >> stuart, don't forget, donald trump has the catchiest
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latino ad. viewers should pull it up. i dare them not to dance to that one. stuart: okay. that is a dare. rachel, thanks for being here. we'll see you again real soon. thanks very much. >> you got it, stuart. stuart: i want you to check the price of oil because we're down to $35 per barrel, basically unchanged compared to friday's price but 35 bucks a barrel. how about that? look at gas. you're down to $2.12 a gallon. remember it was 2:14, 2.15 last week. you're still coming down. the cheapest gas in the whole country is missouri where the average is $1.79. compare that to california. those poor people are still suffering under a average price of $3.17 per gallon. what a difference. by the way president trump signed an executive order to keep fracking going in pennsylvania.
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what does energy secretary dan brawl let think think about. rouilleppte think of that? we'll have him on next hour. it was 1961 when
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it's geico easy. with fast and convenient claims service. look how fast i'm running! good boy, chester. stuart: the rally holds. we're up 430 on the dow. look at dunkin', going private, bought out by inspire brands for $8.8 billion. they have buffalo wild wings, arby's. quite a conglomerate. this is one of the largest deals
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ever. color locks, a big jump in sales for household cleaning items. -- clorox. the stock is up 5.7%. that is $11 a share. in d.c. they're anticipating possible election unrest and they're boosting security. lauren, what precautions are they taking around the white house? lauren: fox news is reporting that a non-scalable, in other words, a no climb fence is being built around the entire white house complex this week. there is already a similar fence around lafayette square nearby and parts of pennsylvania avenue for the inauguration. d.c. and other cities coast to coast are preparing for a potential wave of unrest after the election. stuart: all right. potential. got that. lauren, thank you. in washington state violent protests intensified over the weekend following the death of kevin patterson, an armed black man who reportedly shot at police.
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deputies first during a foot pursuit thursday night. journalist, and any ngo. joins us. he was the victim of antifa violence last year. can you act as our reporter, andy, and recap what happened that led up to the violence. >> yes. thank you so much for having me on. last thursday night a young black male was killed by deputies in vancouver washington, which is right across the river from portland, oregon. the sheriff says peterson was armed and fired at officers during a -- related to drug investigation and his firearm was actually recovered at the scene. now predictably what happened afterwards violent protests broke out on both friday night and saturday saturday night, blm, antifa protesters and rioters who simply crossed the river. i think what we saw there is just the sleight of hand that
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we've seen from blm the entire year, which is to turn every and any police-involved shooting after person of color into a pretext for political terrorism. just the week before the killing of walter wallace, jr., in philadelphia led to mass looting and mass rioting. in his death was actually recorded on video where he was pursuing police with a knife. stuart: all right. andy, we're seeing city centers around the country boarded up. are they being boarded up, are these precautions being taken just in case trump wins and they're is expected violence from antifa and others? >> yes but, if you look at what antifa groups around the country are saying, they have already announced their plans to meet on the night of the election as well as in the days following.
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so it doesn't really matter to them who will win. in fact if you look at the particular messaging, they opposed elections. their goal is to abolish the united states so it doesn't matter to them whether trump or biden gets into office. i think if trump wins, it will give them more of an excuse to hide among large crowds of left-wing protesters who are unhappy and during those gatherings they wreak violence on a scale you wouldn't see otherwise. stuart: andy, we have been warned and keep covering the antifa for us. we appreciate you being here. thank you very much. andy ngo. >> my pleasure. stuart: sure thing. president trump signed an executive order to protect fracking. roll that tape. president trump: biden's plan is an economic death sentence for pennsylvania. he will outlaw fracking.
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i signed an order to protect pennsylvania fracking. stuart: well can you protect pennsylvania fracking if joe biden wins tomorrow? i will ask energy secretary dan brouillette. first restaurants in new york city setting up tents, other enclosed areas outside to accommodate diners, outside dining. big tents. what is the difference between eating in a tent and eating indoors? i don't see the difference quite frankly. i don't feel like eating outside in the winter in new york, i'll tell you that. we'll be right back. ♪
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on the sleep number number's 360 smart bed.ale you can adjust your comfort on both sides, your sleep number setting. can it help me fall asleep faster? yes, by gently warming your feet. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with mom? you got this. so, you can really promise better sleep? not promise. prove. and now, during our veterans day sale, save $1,000 on the sleep number 360 special edition smart bed, now $1,799. only for a limited time. to learn more, go to sleepnumber.com stuart: lost a little bit of the steam. almost up 400 for the dow and almost 100 for the nasdaq. there is this. in new york stay you see them all over the place. we're calling them parklet's. those little outside eating areas on the sidewalk, they are called parklets they're all over
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town. i want to bring in owner of bobby van's stakes. great to have you back, joseph. i don't see the difference. i don't see why we're forced outside in the cold in a tent. what is the difference between eating there in an enclosed environment and eating inside at 25 or 50% capacity? what's the difference? >> well, thank you for having me back, stuart. it's a pleasure to be here. the difference, it is far healthier to eat inside and not outside because mandatory before we opened, we all had to put in merv 13 filtering systems which we did at an experience. then they told us 25% only allowed inside. but you can build a tent outside and and the tents are covered in with plastic siding. they're not six feet apart. there is no social distancing. you're breathing in one one another's air. if you have germs you are going to get them because you're not
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wearing your mask. where inside you're in a very clean environment. the servers are masked. they're gloved up. the filtering system is working. you're much safer eating inside and much warmer also i may add coming into a very cold new york winter. stuart: so you guys have been pushed to make all these expensive adjustments, you have got to build the tent, you have a new filtration system and you're really out-of-pocket. i mean, do you see things improving at any point in the near future? >> well, to improve we have to be allowed to serve at the bar. they have taken away everything. you cannot stand at the bar. you can't sit at the bar. you cannot socialize. yet, in the tent, you're on top of one another. on the sidewalk you're on top of one another. and we really cannot build tents in the middle of midtown.
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some people have tried it but they're doing eight and 10 lunches. once again we cater to business women and businessmen. we don't cater to the residential neighborhoods. we're in commercial neighborhoods here in midtown and there is a lot of people that are going to go out of business soon, mainly vagabond on third avenue, i believe is handing back the keys soon. san pietro's restaurant up the street having a difficult time. plus our sales, we're across the street from the root building and citibank in one of my locations and they're 8%, 7% occupied because they're being told they can't come into the city by the news media and by the governor. that we could have another epidemic. stuart: joe, we really feel for you. i have lived around new york for the best part of 40 years. i feel for the city.
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i just hate to see you guys taken to the cleaners like this through no fault of your own. keep coming back to us. we like to get an update on regular basis for us. >> thank you, stuart. stuart: next time i'm in bobby vans. i will order a bush mill. joseph smith. >> thank you, stuart. stuart: a cousin much dr. fauci speaking out against his push for more regulations. the cousin speaking out against doctor fauci. what is going on, lauren? lauren: that cousin owns a restaurant called la fontana on staten island, new york, his fauci cousin, dr. fauci has been too tough on the entire industry, hurting everyone instead of refereeing in a case-by-case way. they're making all investments to deliver, outdoor seating but indoor seat something 25% capacity in new york city.
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that is not enough. there is bad blood between the faucis, i guess same name, different viewpoints all together. stuart: absolutely, that is the truth. lauren: sauce or gravy, right? stuart: that's very good. let's go to michigan because unveiled some new rules for businesses if they don't follow contact tracing guidelines. wait a minute. wait a minute. some people go to prison? susan: six months behind bars on misdemeanor charge and 250-dollar fine. restaurants, entertainment venues, fail to record names. contact info and visit times. that is what you need to do in contact tracing these days. the order came on friday, as you know from governor gretchen whitmer. this is part of her backtracking on the state's reopening. don't forget there was controversy of course when she actually instituted another misdemeanor charge, six months behind bars and 500-dollar fine for anybody wasn't wearing in a
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mask indoors and also at these crowded places. you know what that ignited right? protests. stuart: i would have thought this would weigh on presidential politics. michigan is a vital state. they're doing this kind of crackdown. i'm sure the political implications from this i would have thought. susan: battleground. stuart: it's a battleground state. that is what it is. a big show coming up for you. energy secretary dan brouillette, dan meuser, and nigel farage as well. you have my take how the election outcome will shape the economy. in my opinion it is capitalism versus socialism. the third hour of "varney" is just ahead. ♪
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seen in politics. ♪ having a good time, don't stop me now. ♪ i don't want to stop at all >> there you go. stuart: you see, i knew it was queen because his voice. >> yeah. stuart: that is a unique vows, a really good voice. >> freddie mercury. stuart: that's right. a great movie about him. i really liked it. >> there you go. stuart: before we get too involved with the music, let's get on with this. 11:00 is in new york city, one day from the election. you're looking at fayetteville, north carolina, the first of five stops for president trump today. he takes the stage later this hour. we'll bring it to you. he's on his way, by the way. we have a huge show for you. the energy secretary will be here, and brexit party leader nigel farage who's rebranding his party because he hates lockdowns. very interesting for us today.
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but first though, let's be clear, the markets remain in rally mode. the dow's up nearly 400, and the nasdaq is up 85. now this. it's a clear white house. capitalism or socialism. the business guy versus the lifelong politician. the winner will shape the economy for at least the next four years. now, when i say "the economy," i mean your jobs, the income, the taxes you pay, the prices you pay for everything. if trump ones, he will continue to run the country as a business with him as the very dominant chairman of the board. now, you may not always like his style, but he has revitalized american business to create that stunning 3.5% unemployment rate, the best income gains in decades and a huge win for your 401(k). it is trump who is leading the country out of the virus. it is trump who wants to open up the economy to it can keep
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delivering prosperity. that's capitalism. a trump win keeps it going. joe biden would kill it. growth and process perty are not in the -- prosperity are not in the biden playbook. he's all about what he calls fairness. any income inequal few is unfair according to all socialists, so so he'll raise taxes on business, he'll raise taxes on the 1%, his green new deal will destroy well-paid energy jobs in the name of climate change, and he could care less about the stock market. will that be fair to your 401(k)? by the way, over the weekend bernie sanders appeared with far less squad members -- far-left squad members toen uneasies their socialist cause is on biden's front burner. whoa. it's not just capitalist versus socialist divide. compare lockdown joe with open up trump: compare the energy levels, compare the intensity of their campaigns. have you seen a trump rally?
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at its heart this election is really all about our country, how it will function in the future, how it will be managed. the choices between a hands-on business guy going for growth and prosperity or a lifelong politician going for socialism. it's the most clear-cut choice in at least a generation. the third hour of "varney & company" is about to begin. ♪ ♪ stuart: i repeat myself, shall i? it is, indeed, in my opinion, a choice between capitalism and socialism, so look who's here, steve forbes, "forbes" chairman and editor in chief. okay, look, we've got a rally going here, steve. the market's up on the day before the election. what does the market tell us now about the election? >> the market, stuart, is telling us that trump is going to win tomorrow, and the republicans are going to keep
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the senate. in the past two weeks when the markets realized that biden could win the white house, could win the senate and bring socialism to the united states, the market falteredded. didn't necessarily believe those things would happen, but had to factor in the price. but you've seen the momentum trump has got all around the country. not just his rallies, but these spontaneous demonstrations you see, people putting trump banners on their cars and rallying together. he's got the momentum. the only thing that can stop him is chicanery, stealing the election in pennsylvania with where we know bad things are going on. but the markets are realizing this thing could have a good outcome, i trust the stock market more than i do the polls at this stage in the game. stuart: but can the polls be that wrong, steve? we've got polls showing nationally that biden is about give or take a point or two, about ten points ahead of the president. that's on a national bay us. can they be that wrong? >> the answer is, yes.
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they were slightly wrong in 2016, especially in the crucial states like michigan, wisconsin and pennsylvania. but this time you have other factors. a lot of people don't like to spend 20 or 30 minutes with anonymous caller answering a lot of questions on the telephone. a lot of the republicans they poll are never trumpers who will be glad to tell you they're not going to vote for donald trump. so trying to put together a good model in these circumstances, extremely difficult. so i discount those national polls. i want to look at the ones on the state level. i think as you see there, the race is tightening up, and the key thing is the momentum is with donald trump as people realize two things. one, the economy. much stronger than experts said it would be. but also on covid. who is doing better than the united states around the world? we've got therapeutics that are keeping people alive who would have died, tragically, in mar or april. you -- march or april. you look at the shutdown in france, in spain. so, yes, we have a surge here,
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no surprise with winter time, but we're doing relatively better. people know a vaccine's coming, stuart, we're going to have a recovery in the next year, and what people really want to know is what's the economy going to be like in four years. that's what voters are going to vote for, a good stock market, a good economy and a good prospect their income's going to go up instead of stagnate or go down. stuart: all right. steve forbes, fired up the day before the election. see you again soon. >> look forward to it, thank you. stuart: anthony chan, former chief economist of chase. i want to just lay out some scenarios for you and see how you think things are going to go. first of all, what happens to the economy if president trump wins tomorrow and the republicans keep control of the senate? >> well, i certainly think that the equity market will be very excited. historically, if you go back to 1900 and you look at the dow, you have a republican winning, and you have control of congress, the equity market does
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better under republicans and certainly would do better under a trump administration. stuart: okay, if you -- hold on a second, let me jump in. the first one is trump wins, republicans keep the senate. the market does very well, the economy does very well. okay. next scenario -- >> yes. stuart: -- the democrats have a clean sweep. they take the white house, they retake the senate, they hold the house. then what happens? >> well, if you have biden winning the presidency and you have a clean sweep or a blue wave, the equity market doesn't do as well. but if you have biden winning the white house and you have the senate continuing to control -- by republicans, then you have a situation historically where the equity market does even better than under a republican president. so a republican president, if you win and control congress is much better for the market, probably better for the economy, but if you have a democratic president and you have republican control of congress, then it's better for the equity market. stuart: so unless there is a
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clean sweep, which is the most negative scenario, if you don't have a clean sweep, the market goes up, and the economy does well even if it's biden white house, republican senate or trump white house and a republican senate. so in those last two scenarios, the market and the economy both do well. >> that is correct. stuart: okay. and which way do you think it's going to go? >> oh, i'm not a politician, and i certainly don't -- i just look at the polls the same way you do. i new that the american people should choose. i'm always nonpartisan. i hope the best person will win. stuart: you're not going to say which side -- not who you favor, but who you think's going to win? you won't say that? >> well, i don't know, because a lot of people are telling me, a lot of experts are telling us you can't believe the polls, and others say polls are so far in one direction that you should believe the polls.
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i'm going to wait until the outcome, and i think that the better person will win and, hopefully, cooler hates will prevail -- heads will prevail. you'll have a divided congress which is the best thing. i'm a big cheer leader for the economy, the american people, and what historically we have found is no matter who's in the white house, if you have a divided congress, it sort of keeps a little bit of control, and it's probably -- for me -- one of the best outcomes. but if we don't get a divided congress, you should have a republican in the white house. that's better for the equity markets. i won't fight with history. stuart: okay, got it. anthony, thank you very much. good stuff. we've got this market rally going on, so there's quite a few winners. susan's got a list. >> chlorox, this is the talk on the markets, biggest quarterly jump since 1998. that's 23 years for chlorox. stratospheric demand for color rock -- chlorox wipes, and lots
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of chatter today. alsoest today laider, the stock is up big, saw pretty strong chinese demand and a surge in online orders for its skin care products. opting for serums and moisturizers instead of makeup items which, i'm sure, is a trend you follow as well. stuart: oh, yeah. >> particularly the broader markets though, i dud want to emphasize that we are looking at, i would say, better sentiment today, right? bullish bets, those are wetting the options markets -- betting the options markets that the s&p will rise at the highest pace in two years. and jpmorgan says look for the 3200 level for the s&p, that is a demarcation. if we go below, that's when the losses accelerate. however, there's a lot of support around that line, so we shouldn't go much lower than that. one more thing, they do expect a brand new all-time high in the first quarter of next year
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regardless of who wins the election because there will be some sort of stimulus package. may not be $2 trillion, but there'll be something, and we'll hopefully get a vaccine. stuart: there's a lot of on the much. >> yeah, i think so. stuart: the dow is now up 400 points. all right. big hour still to come. remember, i told you about brexit party leader nigel farage. he's coming on the show very soon, actually. he's taking action against new lockdowns overseas, and he's with president trump at the rally in pennsylvania today. we've got him, nigel, he's back on the show. and president trump just signed an executive order to protect fracking. but can biden undo it if he were to win tomorrow? energy secretary dan by yet coming up next. third hour of "varney & company" rolling on. ♪ taking what they're giving, working for a living ♪
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and if we win, we get to tell you how liberty mutual customizes car insurance so you only pay for what you need. isn't that what you just did? service! ♪ stand back, i'm gonna show ya ♪ ♪ how doug and limu roll, ya ♪ ♪ you know you got to live it ♪
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♪ if you wanna wi... [ music stops ] time out! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪ >> biden's plan is an economic death sentence for pennsylvania. he will outlaw fracking. i signed an order to protect pennsylvania fracking and block any effort -- [cheers and applause] to undermine energy production in your state. so in other words, if one of these main yaks come along -- maniacs come along and say we're going to end fracking, we're going to destroy the commonwealth of pennsylvania, you can say sorry about that. i signed it on the beautiful marine one. stuart: there you have it, president trump -- after signing that executive order to protect
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frack. energy secretary dan brouillette joins us now. mr. secretary, supposing joe biden won the election tomorrow, could he then endoat some point this executive order from the president on fracking? >> good morning, stuart. perhaps that's possible. i'm not a lawyer, so i won't opine an that. the one thing that can't be undone is the economic progress that's occurred since this president took office in 2017, and it's been absolutely enormous. this technology, hydraulic fracturing, has produced the largest economic boom that we have known in our lifetimes. we are now a net energy exporter in the united states. i'll give you one quick stat, stuart. in 2008 our lng, lick we fewed natural gas, exports in the united states were near zero. in 2019 that number was nearly 80 billion cubic meters. that's an enormous amount of natural gas that we are exporting around the world, and it's due to the fact that we use
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technologies like high drawl you can fracturing. stuart: so, i mean, joe biden could, a president biden could undo the fracking executive order, but he can't do that until he's actually in the white house. and your saying that if he did do that, the cost would be astronomical to america. that's what you saying here. >> absolutely astronomical. the amount of jobs that are created by this technology is not be overstated. the united states chamber of commerce, for instance, tells me doing away with this one technology would lead to the loss of nearly 19 million jobs here in the united states. now think about that, stuart, 19 million jobs lost in the middle of a pandemic. that's the impact of this type of technology. and further, what it would do is raise the prices on things like electricity. natural gas is a big provider of electricity in america today. and it also produces crude oil. this technology is used to produce crude oil. it could potentially raise the price of gasoline all throughout
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the country. stuart: what we never here is the fact that our switch to fracked natural gas has allowed america to cut its co2 emissions more than any other industrial country. they never mention that. >> that's exactly correct. in the last 12-15 years, we've grown the economy on average by a net of roughly 17%. during that same period, stuart, we've reduced carbon emissions from energy sources by 14%. there's not a single country in the world that can credibly make that claim, and there's no signatory to the paris accords that can make that claim. stuart: i just got this report, mr. secretary, of low altitude aircraft flying over the nation's capitol today, apparently measuring radiation levels? is that an attempt to detect a dirty bomb if there's one there? is that what's going on here? >> that's something we do at the u.s. department of energy, we take baseline measurements just to see what we are experiencing
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in terms of background radiation. is so it's just part of our national defense, part of what we do here in the department of energy. stuart: but this is part of security for tomorrow and the day after the election. >> it is. but we do it on a routine basis. this is not done especially for the election, we do it every day. stuart: can you tell us if you're responding to any specific threat? >> no, no. stuart: you can't tell me or you don't know -- [laughter] >> i'm not aware of any specific threats with regard to nuclear a activity. stuart: okay. mr. secretary, always a pleasure. thank you very much for being with us today. >> thank you, stuart. stuart: yes, sir. back to those markets. still up, still plenty of green. we're coming off on the nasdaq a little bit. nasdaq had been up well over 100 points, now it's up just 40. so some of the steam's coming out of big tech, a little bit, but the dow holding on to a 380-point gain.
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tell us, lauren, which cities are we talking about? >> yeah, they're mostly in the south. so 16 of the top 20 cities where americans are going are in the south. let me show you the top five. cape coral and fort myers in florida, that's been popular for over a decade now. look at maryland, number two, it is considered very cheap. the average cost of living 11% under the national average. raleigh, north carolina, nashville, tennessee, and phoenix in arizona out west. and the median home value is well under $300,000. so with the low cost of living and the pandemic, lots of people are moving here. stuart: not to mention the sunshine in some of those cities as well. >> i know. stuart: quite an inducement. >> the weather. i need it now. it's been raining for like a week. stuart: if i'm going to eat outside, i want really good weather, okay? i don't want this winter stuff. thanks, lauren. >> i know. stuart: take a look at some of the stay at home stocks.
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some of those names which had done well -- >> reversing. actually, apple was up around 1%, now selling off by 1%. these trillion dollar giants, when they come off, it takes the broader markets a along with them, and that's why you have some reduction in the nasdaq gains today. it's not just apple and amazon, think of the other winners, telehealth is down by close to 3%. shopify also, we're look at docusign and the zooms of the world, but then you have the other sector plays, the airlines and the cruise lines, they're down as well. ab interesting dynamic because they usually trade in opposite directions, right? when the stay at how many winners are losing, you would imagine that the reopening would benefit the travel stocks. that's not happening today. stuart: suppose it was a profit taking for some of the stay at home winners of the past and very significant worries about reopening the cruise lines. >> right. well, you had norwegian saying most of their itineraries are
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canceled for the rest of the year, but they did get some help from the cdc saying they don't necessarily have to cancel everything from 2020. stuart: oil has struggled back to $36 a barrel. movement in between markets. all right, voters in texas have already cast more ballots in this election than they did in all of 2016. so which party benefits from this early voting in texas? we're going to get into that. pennsylvania's secretary of state says it'll take days to count all the ballots in the swing state. sounds to me like election chaos, doesn't it? pennsylvania congressman joins me next. ♪ you take it on faith, you take it to the heart -- ♪ the waiting is the hardest part ♪ ♪
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♪ ♪
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i had saved up some money and found the home of my dreams but the home of my dreams needed some work. sofi was the first lender that even offered a personal loan. and i didn't even know that was an option. the personal loan let us renovate our single family house into a multi-unit home. and i get to live in this beautiful house with this beautiful kitchen and it's all thanks to sofi. stuart: both president trump and joe bin stumping in battleground pennsylvania today. grady trimble is this for us. is the tide turning there? >> reporter: well, actually, stuart, we've moved north to erie county, this is
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historically a blue county, but it went for donald trump in 2016 for the first time for a remoney candidate since 1984. and this time around it's as important as it's ever been. the lieutenant governor of this state said show me who wins erie county, i'll show you who wins pennsylvania and the election, and that's why vice president mike pence is going to be here today. jill biden, the former vice president's wife, is here as we speak trying to get voters out in a last minute push. we've been talking to those voters over the last several days, and even the democrat voters don't know which way this reliably blue county will go in 2020. listen. >> i'd like to say it's blue, of course, but i don't know. i really don't. >> manufacturing was really big in erie a while ago, with but now a lot of manufacturing jobs aren't here anymore, and those are typically union jobs, and those people tend to vote democratic. with the lack of union jobs
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anymore, i think the county's going to go republican. >> reporter: in terms of early voting for the state of pennsylvania, three times more registered democrats as registered republicans is have returned their mail-in ballots. what the president is counting on here in pennsylvania and across the country is for voters to show up on election day. his supporters to show up on election day. and both candidates are in an all-out blitz in pennsylvania today. the president will be in vice president joe biden's hometown of scranton having aal through -- a rally there, and joe biden will be inial gapeny county -- allegheny county, pittsburgh area, where he's trying to rev up support among democrats there. stuart: grady, thank you very much, indeed. come on in, congressman dan meuser. i know you're going to be on the campaign a trail with the president today. pennsylvania, must win, but the
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president is down by four points at this moment. that's real clear politics. the president's down by four points to joe biden. what are your polls telling you? >> well, we have, as you well know, incredible enthusiasm. we have events where they're estimating 400 people to show up and 3,000 show up. in reading, in my district a couple of days ago, we had 27,000. out in butler, 54,000. stuart, the president -- president trump is inspiring to people. he says he's going to do something, and he does it. that's why they love him. joe biden tells us we're in for a cold, dark winter. i mean, that's number one. joe biden took walter mondale's statement of, hey, i'm going to raise your taxes. that didn't work out too well for walter mondale, it's not going to work out too well for joe biden. look, there's so much more to it. these polls, they're not polling democrats who are trump
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democrats, they're not polling all our new registrations. we have 215,000 new republican registrations versus 2016. every republican coming out to vote. i am telling you, the turnout is going to be enormous. and i state that very objectively. of it's going to be enormous. i'm on site right now at the wilkes bury scranton airport, and we'll have 20,000 people inside, 10,000 people outside. stuart: that's extraordinary. >> we've got ourselves a serious red wave going. stuart: that is extraordinary. now, i've got to tell you, and you know this, at least seven pennsylvania counties will wait until after the election to start counting mail-in ballots. the pennsylvania secretary of state says it could be days before the count, they're all counted. now, the president says he's going to send in the lawyers immediately to step right in there. can he stop, can the presidential legal action stop election chaos? >> oh, yes. we're going to. we have bolsteredded up our
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resources. we will have the lawyers. we will have voter security to the best of our ability, of course. those seven counties that you mentioned, i've spoken to one of them in my district, i spoke to the commissioners there, and they just want voter security. they're going to count all the votes on election day, but the following day they're going to match up the mail-in ballots just to make sure they're doing it right. and the way they look at it, since governor wolf has changed our election rules on a daily basis, frankly, we're not going to have philadelphia and other places, the court was overruled in the appeal to, where we can count votes until friday, until november 6th. that was something pushed as a regulatory measure by the governor, by governor wolf, which was not in the interest of voter security. so we're bolstering things up. this is being done in those counties just to make sure a level of to accuracy. it's really not going to hold anything up. the only thing holding things up
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is governor wolf and creating distortions in this and not allowing or looking at signatures, for instance, that don't match up. and that will not disqualify a ballot. so in other words, ban muser could you in, i could write abraham lincoln, and according to the governor, my ballot would be good. we're going to have security to make sure that isn't distorted and minimized to the best of our ability. i think we will. stuart: okay. you're going to have a very long day today and a very long day tomorrow, and hopefully you'll get a result by thursday. dan, i'm sorry, i've got to run. i've got a hard break coming up. good luck to you, see you soon. >> thanks very much. stuart: as west virginia been reporting all morning -- as we've been reporting all morning, cities are gearing up for what might be violence tomorrow night. fox news' william la jewish december joins us from los angeles -- la jeunesse. >> reporter: you've got this
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record-setting vote, pandemic, fewer polling sites which means confusion, claims of suppression, poll watchers and this delayed result which is likely to anger half the country. so, yes, officials across the are hoping for the best, preparing for the worst. hotels, restaurants, banks, pharmacies anticipating violence. beverly hills hired 80 armed security to help patrol rodeo drive where vehicles and pedestrians will be banned. similar fears in san francisco. >> stores like louis vuitton and gucci, it's highly unusual. i wouldn't expect to see this in this neighborhood. very discouraging. >> it's cheaper to put up a piece of plywood than it is to lose a window that can cost thousands and thousands of dollars. >> reporter: most police departments are on tactical alert meaning no vacation and 12-hour shifts. university students have been told to stockpile food and
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medicine. >> no matter who ends up winning, there's going to be some, you know, unrest. >> yes. >> so a little scared. >> i'm nervous about that too. >> if somebody breaks your windows, that's more than a couple thousand dollars, so you pay for my and not have the problem. >> reporter: so much of the fear is predicated on a prolonged result, and some states don't begin counting mail-in ballots until election day, others already are. that's anxiety to somebody but a crime of opportunity for others. [laughter] stuart: exactly right. william, thank you very much, indeed. let's see how it goes. now, throughout the program we've push picked on individual stocks which are winners or losers today. we've got a big winner, and that is tesla's rival in china, and i think it's nio. >> yes. this one's not doing bad, up double digits in the premarket because they doubled the number of cars they delivered last october. so a new monthly record for this
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company. they deliver over 5,000, and jpmorgan says it's a buy, $40 apiece though. if you look at the delivery numbers for nio compared to tesla, tesla's going to make 69,000 cars from its shanghai factory this year, nio is on pace for 31,000, so half the rate of tesla. but nio's up 600% this year. tesla's up 400%, they'll take that, i'm sure. stuart: electric cars, 600, 400%, my goodness me. >> that's all. stuart: thanks, susan. the leader of brexit's party hitting the campaign trail with and for president trump today. he's going to be on the show with us today. he's talking about lockdowns. he really doesn't like 'em. nigel farage is coming up. and right there on your screen, that is fayetteville, north carolina. the president kicks off his first of five appearances and rallies today. that's where he starts. he's going to start there very
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♪ ♪ stuart: we're one day from the election, and black voters could have a big role in deciding exactly who wins this thing. tez lin figaro e, political analyst, back with us this morning. you've always got a nice smile, and it's always great to see you. here we go. >> glad to be here. stuart: look, in 2016 president trump or candidate trump got with 8% of the black vote. what proportion do you think he'll get this time around, bearing in mind this platinum plan that pumps a half trillion dollars worth of capital into minority communities? >> well, you know, what i would say is we don't know how folks are going to show up tomorrow. what we do the know is over 90% of black people have voted
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democrat party. i know that it only takes a little bit of black voters in order to make a difference for president trump. but what i tell people all the time is regardless whether it's a platinum plan if, tinfoil or copper plan, people have to man up, stuart, and make a decision on what they believe best fits their family. unfortunately, this has really turned into a fear election, those who are more afraid of trump being in office of those afraid of biden taking over. stuart: i'm sorry, i never work it out. you're a woman of color. who do you support? >> well, i'm a black woman, so that's number one. i don't really subscribe to the woman of color, and i'll tell you the reason why, it diminishes black voices. and i told you time and time again, i do not support president trump. i am, i lean left. my policies are more in line with the democrat party than it is the conservative party. but you know what the real problem is? no conservatives has ever ran in my district, no conservative has ever knocked on my door. i don't get caught up in this
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social media campaigning. if conservatives want to win more black voters, they need to actually run in those districts. so until that happens -- stuart: what do you think, what do you think of the platinum plan? i mean, he may not have presented it directly to black folks, but he has presented it. it's a half trillion dollars worth of capital. it's not a handout, it's not walking around money, it's capital to create businesses. i mean, would you support that? >> well, i support any capital that supports businesses. but when you look at the platinum plan, a lot of it talks about minorities, not black folks. so there is a certain conversation that's out there that says we want actual policies directed specifically at african-americans. there are some pieces of that policy that does direct directly to african-american communities just like mike bloomberg had a similar policy on the democratic side -- stuart: more than 8% of the back vote, speculate for me. >> see, i don't do speculation,
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that's part of the problem. i think 8 out of 10 black men do vote democrat. i think 90 percent of black people do vote democrat. that's not speculation, that's fact. so i also understand that if two of the eight out of ten black men stay home, that could hurt the democratic apparently. unfortunately, there's not this big meeting that black people have to decide how we're going the move forward. trump has obviously marketed to black folks and, obviously, that's making a difference because not all black people are showing up for vice president joe biden, so we'll see tomorrow tonight. stuart: that's interesting. thank you for joining us. >> thank you so much. stuart: left-hand side of the screen, the president's plane -- that would be air force one -- has arrived. he's going to come down the gangplank any moment. you can see a large crowd of people assembled there. the camera's panning across. there's two exits from air force one, of course, and there you
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have them. but that's a big crowd. all assembled right there at the airport. and it's going to be like that all day long. he's going to five events, and there'll be a big crowd lined up at every single one of them. next, the u.k -- as in britain -- going under a one month lockdown. brexit party leader nigel farage is totally against that lockdown, and he join -- he's in america. he supports president trump. he's going to join me next. and, yes, we are going back to the villages in florida. ashley webster there joins us live next. ♪ ♪ let me feel that fire [ sigh ] not gonna happen.
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stuart: are you familiar with the villages in florida? well, it's a trump stronghold, and it may sway the election in florida this year. ashley webster's been there all morning, and he's back with us now. but, ashley, what happened? you had a huge crowd behind you all enthusiastic "varney" viewers and now they've gone. >> yes, yes.
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well, they have things to do, places to go. they have swim lessons, tennis lessons. [laughter] they stuck with us for the first two hours of the show, stu. we're now in a place called sumter landing, one of the very nice, very pretty town squares in the villages which, as you mentioned before, is predominantly republican. but president trump won here 68% to 29% in 2016. but is that support eroding just a little bit? i've got a couple of guests here. let me bring in zara. you're a biden for president kind of person. do you think joe biden can get more votes this time around? >> i definitely do. despite all of us democrats that are fighting for the vote, we have a lot of republicans who joined us. we have republicans for biden, and we know we can't win it here, but we can definitely chip
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at the votes. and if we can get less than 2 to 1, then we're hoping florida wins. >> okay. now, someone on the other side of the issue is john. john, you were the former gop chairman for sumter county. you've been a big organizer for the republicans here. donald trump was here ten days ago. the enthusiasm for donald trump this time around, even more than 2016? >> yes, i think so. we've seen tremendous amount of energy, have absolutely no problem getting people to turn out for everything. it's been great. >> all right. i'm sorry it's so sick, but we've got time, stuart varney always has lots to talk about and so little time. very quickly, stu, we've had reporters here already from switzerland and denmark and belgium and france and spain and japan. just gives you an idea, they're very interested in this particular area, the senior vote, and it's generated international interest. quite fascinating. stuart: the villages. well known around the world.
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ashley, thanks very much, indeed. i'm going straight now to nigel farage, leader of the u.k.'s brexit party. the man's been a stranger for all these years, but he's back today. he's in scranton, pennsylvania, where president trump is heading today. but, nigel, you here -- i think -- to tell the president, please, don't do any lockdowns like they've just done in britain. is that your message? >> well, absolutely. lockdowns don't work. i mean, that's the point, they don't work. in economic terms the damage they do to people in the private sector is massive. of course, the public sector don't care. they can just stay home and drink beer and know they're going to keep their jobs, but massive damage to the private sector. a huge increase in national debt which our grandchildren will finish up paying off. and the interesting things in health terms, we've seen lung cancer diagnoses down by 75%. huge numbers of diabetes patients not being screened. in the end, more people will die
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in the u.k. because they've not been diagnosed with medical conditions than will due of covid-19, let alone the assault on civil liberties. so i'm really pleased that america has a choice for a president who says, look, if you're vulnerable, okay, shield. but the rest of us are going to learn to live with this virus and get on with our lives. stuart: perfect timing, nigel. the presidents has just exited air force one. he's approaching the podium, and we're going to listen in. nigel, it was great to have you back with us today, really great. don't be a stranger. you come and see us again soon. right now we're following the president, we're going to look at what the president has to say. here we go. he's approaching the podium. he's got a bug crowd already, and -- big crowd already. he's got a big crowd every place he goes. over the weekend the very idea that he was going to appear somewhere was enough to get tens of thousands of people flooding to that area. he had crowds of 20, 30,000.
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>> five rallies. you can't discount the energy that this man has. it's incredible, isn't it? stuart: well, look, i'm 72 -- >> well, you know. stuart: i get tired. [laughter] but here's the president of the united states who's two years older than i am, and he's doing five rallies a day? of course, it helps if you've got air force one to shuttle you around a, but i'm not being facetious. here he is, here is the president of the united states, donald trump. >> oh, thank you very much. [cheers and applause] thank you. thank you. north carolina, thank you very much. [cheers and applause] tomorrow we are going to win this state, and we are going to win four more years in our great white house. [cheers and applause] with your vote, we will continue to cut your taxes, cut regulations, support our great police, support our fantastic
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military. [cheers and applause] care for our veterans, protect your second amendment, defend religious liberty and insure more products are proudly stamped with that wonderful phrase, made in the usa. [cheers and applause] next year will be the greatest economic year in the history of our country. under my leadership our economy is now growing at the fastest rate ever recorded, 33.1%. we created a record 11.4 million jobs in the last five months. that is a number that we never even thought possible. nobody did. nobody thought it was possible. we'll now even do better than that. it is going very rapidly. while foreign nations are in a freefall, you see what is going on with so many nations europe unfortunately. i say that with sadness. we are creating an economic
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powerhouse unrivaled anywhere in the world. a recent "gallup poll" found 56% of americans say they are better off today than they were four years ago under obama and biden. [cheering] you got to remember that, you got to remember that kind of thing. they didn't didn't do a good job. in fact if they did a good job i wouldn't have run. if they i wouldn't have run. they did a bad job. obama went out with biden. they had 14 people. they didn't have too many. they didn't have too good of a crowd. we have five of these today. five. we have some pig ones thank you. thank you. thank you. >> we love you. we love you. president trump: thank you, thank you. thank you very much. thank you. i love you too and i appreciate that. [cheering] we appreciate it. [cheering]
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i was thinking coming in because i watch the fake polls, if we're up by 10, if we know we're going to win easily, he is down by one point. he is down by one. i just watched this fake stuff, i was saying to myself, you know, we've been under a phony, fake hoax investigation for three years. nothing but bad and really corrupt publicity to these people. and i say i wonder what the difference would have been had it been legit, right? had it been legit. it turned out to be just the opposite. they were the ones that committed the crimes, not us. but i wonder what it would have been. probably would have been a little easier. you know the good news. we'll win anywhere. we're going to win anyway. i wonder what it would have been. [cheering] i wonder what it would have been if all the nonsense had not been brought up. >> four more years!
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four more years! president trump: thank you very much. thank you very much. looking tremendous in florida. so of course they don't mention that, you know. it's florida. we are looking good. we're really looking good all over, in the real polls. not the fox polls. those fox polls. somebody at fox doesn't like me very much i can tell you. they are the phoniest polls. they were almost as bad four years ago. actually they were worse but you get some of these pollsters. they work magic. the amazing thing is, they hang on to their jobs. they do horribly. look what they did -- i understand nine states. i had to win them all. they said i was going to lose all nine. this is four years ago. i was going to lose all nine it, would be a very short evening for donald trump. the polls said decisively said i would lose all nine that was the day before. and i won all nine. i won. i won them all. [cheering] or i wouldn't be here right now.
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no, i won all nine. init said we'll lose all nine t was quite depressing as i turned on the television. let's see how he did. he won florida. he won south carolina -- [cheering] then, thank you, they said they're getting rid of guy at fox, i heard they were getting rid of the pollster. they kept him. they have others they kept. and you wonder what kind of a business that is? you wonder what kind. we have a case where in wisconsin i have, we're one up. i left there a couple days ago. we had a rally you wouldn't believe it. packed, just packed. just like last night, like here. but like last night, this was the section i wanted to come. this is small, beautiful, cute little wonderful section. they asked me. i want to be there. every vote counts. it is very important. we had something last night in miami, you wouldn't have believed it. i don't know who is

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