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tv   Varney Company  FOX Business  December 8, 2020 9:00am-12:00pm EST

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maria: welcome back pick a breaking news, coppola now seen the air pod max, the 549-dollar headphones available on order today. there is your morning mover today on apple. that will do it for us. "varney & co.". stuart: good morning. here's what everyone is talking about, a 90-year old british woman who today became the first to receive the pfizer vaccine. we will ask who gets it first here? that may be decided today when the white house holds a vaccine distribution summit. , thursday, the regulators are expected to approve the pfizer vaccine. fda said that it's a effective at the-- after one dose. the first american to get it should be
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inoculated by about monday. the president says from here on out americans get priority, foreign countries get it go after we met the needs of the american people. that is a vaccine virus aside of the story and now the brewing revolt against locks-- lockdowns. where is the science that says dining outdoors, where's the science that says a big box store is safe to open, but a small store is not. where's the science that shuts the stores when youngsters have an extremely low infection and transmission rate. the authorities have no answers except bullying suppression. we will update the store of the bar owner chased down a deserted street in dark clothing for governor cuomo calls him a coward. the markets appeared stalled. the dow jones will be down about 100 points at the opening bell, small
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loss but s&p snp and nasdaq. nasdaq, by the way another new high yesterday. here's what else, tiki barber, should athletes be among the first to get the vaccine and what is with the breakdowns now included in the olympics. newly elected new york republican, yes a republican in new york has something to say about the brewing revolt and why is bernie sanders hurting working people come up because he's a socialist. "varney & co." is about to begin. ♪ ♪ stuart: susan and i are arguing about breakdancing in the olympics. i do like that music, the romantics what i
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like about you. here's a foxbusiness alert story of the morning. a 90-year old british grandmother becomes the first person to get pfizer's a vaccine. watch this. >> all done. [applause]. stuart: round of applause. now, that lady is telling anyone who can get it, to get it and get it soon appeared president trump will sign an executive order today ensuring all americans have access to the vaccine before we help other countries. moron that. the uk says astrazeneca vaccine developed with oxford university is facing manufacturing delays. how long is the delay? lauren: the reports say great britain will get just 4 million doses this year, but they were
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expecting 30 million. here's the issue, despite astrazeneca and oxford university developing this vaccine being british, initial doses aren't being manufactured in the uk, but rather imported from germany and the netherlands because of a holdup with-- the stock is down 1.5%. as we saw the uk has already started mass vaccination with pfizer and biontech, plus manufacturing difficulties because we are new territory. we have never made vaccines the way we are for covid-19. stuart: or so fast either. then there is this, cnn anderson cooper slamming the president on his covid response. watch this statement president trump is the one likened this to a work on himself a wartime president. now the president doesn't seem concerned about being a wartime commander.
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he seems more like a deserter, absent. the american people have given him we'd vote him out at the ballot box but he still has some weeks left and he's chosen to go awol. stuart: awol? deserter? deary me. that john is bennett dominic and he's here with us. the president has developed and delivered a warp speed vaccine. he can't win, can he? >> about a call bush men represented by operation warp speed should not be diminished. it's accomplished something we have never seen before in the history of health card in the world, a novel virus of the past is to have a vaccine before it took almost five years-- this is something that's been accomplished by breaking down all the different barriers, the bureaucracy, the regulation, restrictions and the like that would normally prevent this from being put out there
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in this type of window. this is a situation that i think is unwinnable for the president. it shows, i think, to the people watching because viewers are intelligent, but it's a media complex totally dedicated to the destruction of president trump in every single aspect of his approach and an accomplishment like this that should be praised and have bipartisan by in, should have everyone saying look at this amazing thing about was accomplished by private and public actors, instead it becomes once again to politicized thing and i think the dangerous that all of the media criticism of the president and the criticism from people like kamala harris have diminished the number of americans who are eager to take this vaccine. that will be something they will have to work on and undo in the coming months to make sure enough people are vaccinated to achieve herd immunity. stuart: los angeles public's
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schools have suspended in person classes again starting thursday, but i compare americans of other countries with the schools open. what do you make of this >> all across the world i think you can see the schools have been able to reopen because these young children-- we should be grateful for this, they are not as susceptible and don't have the same level of risk involved in terms of being able to go back to school and being able to receive education. unfortunately, in america the power of the public teachers union has had a devastating effect on schoolchildren across the country and it will continue so long as we abide by approaches that have nothing to do with the science and instead about how much political power you will yield. stuart: they have no answers and meanwhile the revolt grows. thank you for joining us. spinnaker to be with you. stuart: let's get to money, ups
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has a new target for the s&p. right now the s&p is 3674. where do they think it's going? lauren: 4100 by the end of next year, around 11% up from yesterday's close and if everything goes right with stimulus, divided government and hopefully vaccines they say could be up at 20%. if things go wrong they say could go back down to my 3300, but they say there is more risk that isn't optimistic enough for next year. how bullish does that sound? consistent-- consensus that boast investment banks expect a good year j.p. morgan 4500, jeffrey cohen, 4250 knots average forecast for next year and anything above a person is good. stuart: fantastic. thank you. here's mike murphy this
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morning. mike, you are saying go along and keep on going, block out the noise and everything is fine. is that right? >> good morning. yes, i think the problem for your viewers this year has been the headlines that have scared a lot of investors out of the market. it's one thing to get out of the market, but then it-- you had to figure out when to get back in the market so you look at the overall picture for the us economists, we have a recovery, vaccines are coming, but when we have massive innovation in the tech sector, so you put those things together, any pullback should be opportunity to buy with markets going quite a bit higher. stuart: you have seen some of the new ipos that have come to the market and some have spiked from the get-go. i'm thinking snowflake for example.
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are you telling people watch out, don't chase it. than the big start don't chase it, is that what you are saying? >> yes, snowflake came out of the gate hot and going. what happens to investors at home as they seek snowflake is they see it up and they have a fear of missing out so that causes them to chase stocks and i would advise them to do that. by quality companies you know that you understand at a good price. another company that is a hot ipo is talent here. it came out and was very quiet, slow at the opening. individuals at home watching had an opportunity to buy and now it's taken off and gone up 400% since recent lows. don't chase. you will miss some and that is fine. stuart: mike murphy, thank you. let's get a list of the big ipos coming out. is it this week? susan: rapper-- record-breaking december.
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we know doordash will be the first out of the gate with pricing shares between $90 and $95 a piece. ipo in the new york stock exchange tomorrow raising around $3 billion. it will take a wild to open-ended value of the stock. stuart: doordash is tomorrow? susan: doordash prices tonight and sells tomorrow. airbnb prices tomorrow night and will debut thursday. in these ipos, as you talk about snowflake in this new hybrid auction model they are now using because they learned the lesson of sulfite. remember the first debut it was astronomical and that snowflake ipo was a controversy because it basically left money on the table for early investors and those that really have toiled blood sweat and tears to grow the company's so they
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are the ones that should get most of the money. no lesson learned is the hybrid option allows for the underwriters and company to set a price, either you bid at that price or higher or you get no allocation in the ipo and that reduces the amount of gains you leave on the table and gives to investors instead. stuart: doordash and airbnb are the regular? susan: no, the highbred. founders, employees get the benefit. stuart: checking the markets with features. opening up in about 18 minutes and we will be down across the board. new york's governor threatening to shut down indoor dining again watch this. >> if the hospitalization rates doesn't stabilize in new york city, we are going to close indoor dining. stuart: it's almost winter. it's cold and you can't eat outside. you close indoor dining and you close that business for good,
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that's where i come from. president trump says he's putting america first by signing on order on the vaccine this afternoon. doctor mark siegler is here to react to it all. he adjoins me next. he joins me. ♪ hi, this is margaret your dell technologies advisor there's an art to listening. it's the ability to hear more than what's being said. to understand the meaning in every pause. and to be able to offer the answers that make someone feel truly heard.
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stuart: sorry, still joking about breakdancing in the olympics. meanwhile, a lot done but read on the board. now, there is a great deal happening at the white house today on the subject of the vaccines. lauren, details the? lauren: president trump today is
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expected to sign an executive order at the white house vaccine summit to prioritize a distribution for americans meaning it ensures we have assets before we help other countries. the "new york times" reported the pfizer tried to sell the us more than 100 million doses that we ordered over the summer but was turned down. the paper says the worry is pfizer committed their supply to other countries so the meeting today puts stamp on development on what we have in the distribution of its absent at the meeting, pfizer and moderna. it is bad optics for the vaccine maker to attend a summit where the regulator will be present and speaking on the regulator is peter marsh. he will explain how the fda reviews vaccine, wired they are considered the gold standard and when you think about it, and this was encouraging to me when i thought about the timeframe, the rapid
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rollout we have seen under operation warp speed means mass vaccination all-americans going to have access to a vaccine in six or seven months, so the end is near. we can hold out for six or seven more months, i hope. stuart: that's actually a long time when you add it to the nine or 10 months we have been suffering from the pandemic. lauren: don't rain on my parade, stuart. stuart: doctor marc siegel is with us. the fda says pfizer's vaccine offers strong protection after one dose, but the caveat is in one trial group one participant with baseline obesity and a pre-existing condition died three days after the dose-- the first dose. sort this out, please. >> stuart, there's no evidence that there is a direct correlation between the visor vaccine and any great
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harm like that. it's been well tolerated in thousands and thousands of people, 44000 people got the vaccine or the placebo and 22000 and nine us. it's looking like a safe vaccine and as it rolls out we will see more and more. we will decide safety in greater numbers, but it looks like a very safe and highly effective vaccine at about 95%, so i'm off for it. in terms of 100 million doses the point that was brought up, i think that is enough for the beginning. i think that is why because warp speed also bought 100 million of the moderna and also contracted for 100 million of astrazeneca vaccine so there will be plenty of vaccine available in the us when you start putting together the number of companies that will get approval. stuart: got it. governor cuomo threatens to close indoor dining in new york city i don't understand this.
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if you have the tables spread apart and you cannot drink at the bark and the wait staff wears masks, what's unsafe about that? what's wrong with indoor dining? >> stuart, i happen to agree with you. a very wise a scholar from the london school of economics name to stuart varney said if you close these restaurants they are don, they are gone. you have destroyed the restaurant business in new york and elsewhere and i agreed. you have to look at it differently. 25% occupancy, is a doable, what's the ventilation look like, are you wearing masks set the table and i think there's a way to do this and even as the hospitalization rate goes up, it's not at the level in new york as it is in some hot zone areas, by the way and it's a very premature step. most important point, stuart, it's large gatherings not restaurants and it's in homes that covid spreads
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restaurants had been attacked, but they aren't the major source of spread in my opinion its larger gatherings than restaurants especially if precautions are taken. stuart: thank you. we will see you soon. still, more in the vaccine. cvs said they need to hire thousands to administer the vaccine. what you have, ashley? ashley: cbs sent out an sos telling customers indeed they need thousands of workers to handle the expected surge in patients wanting to be vaccinated. that you know read quote we are urgently hiring thousands of qualified pharmacists, nurses and pharmacy technicians to help administer covid-19 vaccines when available to pharmacies. company, by the way, is asking customers to forward the notice to any qualified applicants. cvs along with other pharmacies such as
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walgreens and rite aid signed a contract with the cdc to be one of the official covid-19 vaccination program providers took seems a bit late in the day to ask for help, but anyway , i digress. stuart: i think i would take the vaccine, but i don't think i would like to be the one who answers the needle into someone else. checking futures, still read on the board. we will be back with more after this.
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stuart: tesla, it was up 3% ended and they announced the $5 billion share sale. now, they are down. susan? susan: raising another $5 billion selling stock from time to time not all in just one goes to that means dilutions of a stock supply grows lowering the stock price triggered this is the second share sale we have seen in three months and they are taking a bench at-- advantage of their record stock. dropping $600 billion in value, only the sixth
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company in history to do that. firmly, the second richest man on the planet, elon musk and also there are rumors he may be used moving to texas. 's private foundation relocating to the lone star state and we saw the stock rally yesterday at 6%. calling the stock $2500 in three years. stuart: tesla, $4500 and it's-- three to four times what it's worth right now. stuart: i think we'd better bring in john layfield. what do you make of tesla-- now, have you ever bought it, will you ever buy it? >> i have not bought it, shamefully. i have been wrong on elon musk and tesla-- not on a line-- not on elon musk, but on tesla. you have 160 pounds multiple, 10 times what
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the market is. i get tesla and elon musk especially the $25000 car that was to come out in a few years but i just don't get the valuation of the stock here is the one who is the greater innovator with more impact on society, steve jobs, the iphone or it elon musk and tesla that electric car etc.? >> i think it elon musk compared to only say thomas edison who was a guy that could bring great ideas. you know nicholas tesla could not bring those idea to market. jobs could do it, edison could do it and i think elon musk, the far best in our country's history. stuart: you are on board with tesla surging even from here? >> yes. elon musk came out-- you never know what he will come up with. i don't think the stock
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-- people have gone broke shorting elon musk mosque. i just don't like the current valuation. general motors serves a lower multiple-- [inaudible] stuart: that's interesting stuff. elon musk more important than steve jobs. thank you. the market is now open. we started with a loss of about 90 points for the dow jones, there is a lot of bread among the dow 30, but a downside move from the get go. s&p 500 is also on the downside about a quarter to a third of 1% and the nasdaq composite. wears that this morning? fractional loss. stock of the morning i think it's probably stitched fix. lauren, first i need to know what is sticks-- stick six and wise it
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surging? lauren: it's an online personal stylist. use algorithms and that send you clothe think you will like and it's kind of a very much how americans are shopping now and apparently there algorithms work because they say they are getting fewer returns. growth of 10%, surprise profit and a strong outlook. it's a win-win. the stock is up 50% at an all-time high. there's one caveat. they say their guidance reflects the fulfillment centers will not be impacted by any covid shutdown. of course, that could change with the fluid state of play. but so far good for stitch six. stuart: of 48%. i believe this is up again this morning, a 44 million-dollar-- that
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follows yesterday's search. they are doing well. lauren: you know, it's their largest partnership with the fda to date, so up 7% and now up 21% yesterday. it is data analytics. they will help the fda approved drugs including those for coronavirus. government work is crucial to the company. that makes up more than half of their revenue, so this is good news going forward. they had this three year deal another contractor and the stock-- so they debuted the end of december, and the stock is up well over 200%. this is another example of a solid debut. stuart: imagine some people watching the show who may have bought it a week ago or snowflakes a couple weeks ago and they are watching enormous gains. zero più are enjoying yourself, viewers. uber is selling their self driving units. susan: a self driving startup.
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they are getting a discount with uber selling it off for around $4 billion, 40% less than what they raised cash for the unit at last year. uber is not entirely cutting ties with the self driving unit. they are still investing $400 million into the entity and we know the ceo is taking a board seat. it will be worth around $10 billion. we know that uber is trying to sell some of their unprofitable units to raise cash and they are also flying taxi unit with promise to get profitability out by next year and one way to do that is by selling things that are burning cash instead of making money. stuart: brothers. new-home sales way way up. tell me about whole brothers.
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susan: the stock is selling off that revenue did rise & two and half billion in the quarter in the ceo says we are currently experiencing the strongest housing market i have seen in my 30 years and we continue to increase prices in nearly all of our communities. can you imagine saying that? look, homebuyers want space and rates are at all-time lows, so like i said 5% selloff in the shares today. of the guidance for the first quarter of 2021 was about light and there are worries about growth margins because availability, lumber prices, all of that is going up, so that's what's weighing on the stock. stuart: very good report. thank you. next case, look at general electric. it's $10 a share.
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that was your grandfather's stock am actually. what's going on here? ashley: in recent weeks analysts have been more bullish on ge. both of the play on the covid-19 vaccine with exposure to the aerospace sector and also a company that could benefit from covid-19 pandemic given its ge healthcare businesses which are doing well. of the stock has gained close to back 9% in a four day when streak and also on the back of a record-setting november that's how the stock jump to be 7%, biggest monthly gain in at least 50 years. bank of america analysts maintaining the stock is a by raising from $11 to $13, ge bringing a good company back to life. stuart: i thought you were going to seeing of that, ge, we bring good things to life.
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susan, here is that important story. apple unveiling new products. susan: first over the ear headphones: noise canceling, features like the apple watch digital knob within the volume. it's available next week $549. it's pricey, but the design is similar to bows and a sony headphones even more expensive than apple's own beat branded. we know apple is dominant with earphones, 35% market share, single largest player in the world and apple wearables also announcing that fitness plus is launching next monday december 14. let's check in on peloton, lululemon and nike. when a giant likes apple gets into a new space
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the other players get a little scared. stuart: apple airport max, $549? susan: yes. they are earphones, stainless steel. if you think about it others are just plastic. this is a stainless steel. stuart: stainless steal, while, got to get them. $549. $549 for earphones? susan: yeah, you still tethered with the cord? stuart: don't have them. susan: how do you listen to music? stuart: i don't. i'm driving in my car with the stereo on to the beatles channel. that's when i listen to music. susan: never in that year? stuart: no. lawyer feeds names congresswoman alexandria
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costs so cortez. she boosted their sales when they called for a boycott. staten island bar owner sharing his side of the story after he was arrested for a second time, this time after he was chased down the street by unidentified men. roll it takes the neck i was scared the entire time from the entire ordeal that happened, i was running for my life because that's exactly what i thought was happening. at no point did i think that those were sheriffs or any type of law enforcement. stuart: governor cuomo called him a coward for that. extraordinary. congresswoman elect takes them on, next hour ♪ this is decision tech.
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stuart: we still have some read on the board and the dow jones is down 30, s&p down. at a big loss. susan, you know more about this than i do, but i was reading an article over the weekend , a guy who-- robin hood for the first time and he describes it as like a casino with the flashing lights. susan: the bell, lots of alerts. it's addictive a lot of people have said because it looks like a videogame with lots of colors, a rose, rotating disk and it looks like a videogame that there is real money outplay. stuart: it affects the market. susan: most people understand we have 13 million accounts for 3 million brand-new ones this year affecting the market. you have seen these trades, the day traders
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as we called them with unemployment benefits during the covid lockdown. they have gotten into the market and you have cemented up some stocks that normal institutions meaning though wall street bettors would normally not by. even kodak surging about 16%. i also want to talk about rivalries because of the success of robin hood. 13 million accounts and possibly now ipos next year with commission free trade hoping everyone wants to do. we believe is one example and that's chinese owned. it's fairly similar to tiktok in that it disrupts the american establishment. when there is disruption that robert like yesterday, they lose thousands to upstarts. stuart: i don't like to have investing confused with gambling i don't like to see infesting turned into like a casino like
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atmosphere here can't think it's a dangerous thing for the market. susan: if you think about the supply on the stock market, a lot of brand-new investors account for this. stuart: i hope they don't lose their shirts. we will show you some online retailers because a lot of them are doing well. gerald joins us now. the pandemic has given real pricing power to some retailers i mean just the pandemic has given them back power, the power to move prices up here given me an example. >> people like netflix, you are at home so they raise the price of the subscription. you will watch it anyway. dizzy when they released new line in the home for $30. but you are at home, what he going to do. there's a whole set of categories where the supply is kind of short. household appliances, little discounting. same thing with apparel, which is interesting because clothing sales are down.
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people orders so little at the beginning of the pandemic so they really don't have a lot of stock in the art discounting it heavily and we have seen the same thing with food prices. stuart: any retailers that have drastically lowered prices as of the pandemic women people are very strategic looking to the future. people are looking-- they want you to get hooked on their habit. walmart, the launch of walmart plus, their shopping service. they eliminated the minimum threshold. they want you to use walmart.com. after the pandemic. you can see the same thing with zoom. they want you to use zoom for everything and then until the pandemic is over you will. you sought with hbo max with adding the time warner movies for free.
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not everyone will survive. they went to be the winners so they are giving away the free now-- same thing with nike training club is free. that's what they are trying to do thinking patterns down will last in the future. stuart: what's this about we need more warehouse space to take the returns from online settlers; line returns approximately double what they do in store as you really don't know what you get until you open up the box. returns are enormously complicated. very manual compared to packing and shipping out down-- outbound. a year or two ago amazon got in trouble in france because they were digging a hole in the ground and the reading it in a landfill rather than going through the process. we need tons of the space, massive shift to
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online shipping. it's a big new giant investment area which has distribution centers a better bet these days. stuart: that pandemic changed everything. i'm glad we have you hereto commentate-- to comment. thank you. see you soon. there's apparel retailer , francesca's shutting down stores, filed for bankruptcy. how many stores? susan: and lot of them, 97 stores in total and we know retail has been in the ice age as we mentioned. stuart: some of them. susan: we have seen bankruptcies this year, so as we head into the holiday shopping time as good as it is expected to be according to adobe the looks like still some are suffering. stuart: what does francesca specialize in? susan: women's apparel. broader appeal, i guess. stuart: i guess you would not
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have francesca's selling men's clothing. we are having too much fun. hope you are having fun in the audience making money because the market has been going up recently. thank you, susan. we are in the middle of a pandemic and the governor of new york once you to know he's a hollywood star. watch this. >> like the modern day deniro and pacino, which ever you want, you can be the deniro or pacino. stuart: a moment later he threatened to shut down all indoor dining in new york city. we will unleash for ryan on that when he joins me next hour. i next guest says the us and china spiraling into it alarming power-play and that a president biden will not help. daniel is with us next. ♪
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gasoline in america can be found in missouri, where the average price is a dollar 82 cents in california continues to be the most expensive where the averages $3.18 our next guest says the us and china are spiraling into an alarming power-play. our guest is daniel yergin. daniel, what is this danger-- dangerous spiral? >> for the first time in modern times, stuart, the us faces their competitor, china, with an economy larger than ours and the relationship is getting more intense and more controversy zero on both sides and that really came from me as i was writing the new map. it became one of the major themes to understand how did this happen and where does a go. stuart: tellme, where does it go >> i think it will be the biggest problem any president would face,
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how to find a stable basis for it when obviously on the one hand engines are rising on the other hand the two economies are so entered-- and are connected as china is the biggest holder of america's debt and the largest automobile maker in the world so we have to find a balance and it's not going to be easy because these issues have become more tense and a lot of them are about technology in this kind of technology race between the two countries. stuart: do you think president biden will cave? >> i don't think he will cave i think he will struggle to find a balance because one of the things that strikes me, stuart, as you know there are few things democrats and republicans agree on in washington today. one thing they agreed on is that china is a strategic rival, competitor and so i think both administrations whoever, the question i think will be to have a steady thing and we need to be
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concerned and bring our allies along with these issues as well. stuart: glad you pointed out this dangerous spiral took the name of your book again-- i'm sorry i don't have it in front of me. >> is called a new map, energy climate and the class of the nations in the number one caution nations in the us and china today. stuart: thank you for being with us. come back soon. >> i will be back, stuart. stuart: ahead, new york congressman elect nicole malliotakis, dr. scott atlas just moments away. ♪ ♪ well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in.
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♪. stuart: the pointer sisters? i thought that is from a long time ago, isn't it? >> oh, is it? okay. stuart: the '80s is a long time ago. think about the '50s. good morning, everyone. 10:00 own the east coast. we have a big show still to come for you. coming up this hour, bill mcgurn, new york congresswoman-elect nicole malliotakis, a republican in new york, good lord. senator mike braun, brian kilmeade. joining me in the 11:00 hour, jason rantz, betsy mack coy and
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tiki barber. small losses on the s&p and nasdaq. market stalled at this point. and now this. bernie sanders does not want to grant any liability protection to what he calls big corporations. this is an example of the social histories really hurting the people they pretend to help. think about it, please. an employer wants the company back up and running. so the workers are called back. one of them gets the virus and says the following, you didn't protect me. you forced me back into an unsafe environment. you didn't take adequate precautions. give me a million dollars. that is how it will work in our litigious society. without some protection the employer keeps as many workers away from the job as possible. think that through.
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who gets hurt? the workers of course. they won't be brought back if bringing them back means the employer is exposed to ruinous lawsuits. in the big cities if we can't get the big office buildings filled, we can't bring back the restaurants, bars, tax sass, all other services which provide paychecks to working people. bernie doesn't care. all he wants is to hurt the wicked capitalists, the big corporations. and at this moment they are discussing a 908 billion-dollar virus aid package. liability protection is a major sticking point. the republicans want it. the socialists do not. in other words the bernie sanders of this world are wanting to billions of related health care just so they can hurt employers. the late and wonderful march get thatcher said this about the socialists, this he would rather the poor were poorer, provided
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the rich were less rich. that's bernie. second hour of "varney & company" about to begin. ♪ stuart: bring him in right away. there he is. that is scott shellady. who is by the way back in chicago. before we start i want to know what is chicago like? i'm in new york, it is dead as a dodo right before christmas. what is chicago like? >> same thing and more. i didn't see boarded up restaurants for two or three weeks because i was in scottsdale. coming in the office today it was like before. it will not get any better. you said it, right. we'll see the buildings stay empty. ceos not forcing people back. no liability protection. all the businesses on the concourse level of these big buildings are not coming back, stuart. we haven't taken stock of that fact. there are thousands, tens of
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thousands of businesses that are already gone not coming back because we'll not fill these buildings for a few years. if we do another national shutdown, that will put it off three to five years. stuart: so why are the markets still so strong? we've got all these lockdowns and they're being extended right before christmas and hanukkah, yet the dow is close to 30,000, yet it is at 30,000, can you explain that? >> they're borrowing the hope of what a vaccine might do. you really have to slow your roll here. there are a few things could be a problem. number one, yes, lockdowns, extended lockdowns will push off the demand hoping we get sooner rather than later. we could have a problem in georgia with the senate runoffs. that could push off demand everybody is pulling forward. right now we're pulling forward the demand to make ourselves feel better. when you pull the car over and look under the hood, stuart, we have a lot of reckoning to do. the small businesses in america are getting killed with the ideas that bernie sanders said. the backbone of america is bearing the brunt of this.
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they can't put in their business plan a 10 month shutdown. we'll be big box stores, big chain restaurants, bed, bath and a burger. hello main street usa. stuart: just about all the major investment firms on wall street are predicting a another big rally for stocks next year. i know stocks are not necessarily your primary market of expertise but you don't think we're going to get a big rally next year? >> i would say probably could be friendly for the stock market because we'll probably not have the $4.4 trillion tax hike biden would like to get through. there will be checks and balances on progressives, number one. we'll see winners from the pandemic and shutdown. this e-commerce is going to explode. the problem we have two three times retail space bricks and mortarwise, than we need. there will be blood on that ledger. half of the stocks available to invest in today than 30 years
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ago, a hot more money rushing into the market. you don't have to be a brain surgeon to figure out what that might do to stocks. stuart: come over to new york, we'll have lunch in my office sometime, scott. okay? i would love to have somebody with me to eat lunch with. scott, you're all right. susan: who buys? stuart: i buy. i'm a generous guy. he doesn't believe that. [laughter]. all right. let's get serious. look at this op-ed in the "wall street journal" titled, the silence of pope francis. hong kong's jimmy lai goes to jail and his shepherd is missing in action. bill mcgurn, "wall street journal" guy wrote that. look the chinese have crushed the hong kong democracy movement. i find that a terrible tragedy, all i hear, i don't hear anything, it is silence about the crushing of liberty in hong kong. what do you say? we have one of those audio problems, you know what i mean?
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it happens now and again. poor old bill mcgurn, sitting there, waiting to take the first question. probably seeing a screen he can see me asking, he doesn't know what i've asked. now he is good. now we got the audio connection. all right, bill, crushed democracy in hong kong and all i hear is silence. react, please? no, we don't have him. i tried, i tried, i tried but, read the article yourself. it is in "the wall street journal" bill mcgurn's byline all about the crushing of freedom and democracy in hong kong. the problems of jimmy lai who is publisher who is on this program. he has been arrested. he has gone to jail. susan: celebrated his birthday in scale actually last night. that was across "the apple daily." stuart: we re-established contact. yes, bill mcgurn can now hear me. he will answer the following question. deathly silence from world
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leaders and in america about the crushing of democracy in hong kong, go. >> right. no, actually, a lot of people have spoken up on jimmy lai. you mentioned he was, his name came up in the house of commons yesterday. mike pompeo has brought him up. nathan sharansky, congressman eliot engel. but the one place where china's human rights abuses especially against religion and elicit silence is china. is just the vatican. the vatican remains silent. they made this terrible deal. the deal compromises the pope's moral witness. stuart: where are we going with this? >> well, jimmy's in jail. the extraordinary thing you were talking about him. you mentioned him. he probably hong kong's best known journalist. he is the best known advocate of freedom and also the most prominent catholic lehman. he is very successful, bill --
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billionaire. he could have fled hong kong, in paris, with a lot of homes overseas. he chose to stay knowing it would of course jail. that is the witness. he moved from hong kong billionaire to a dissident in jail. the question, is the world going to step up to demand his release? he is not the only one. they're sentencing the democracy advocates to prison. 10,000 people have been arrested, face charges. it is not the hong kong you and i knew stuart, and loved, center of freedom an opportunity and enterprise. you know, it is a very sinister place now. stuart: i would like to see some serious reaction from the biden team. you're right, i think it's a tragedy and i have a personal connection to hong kong like you, like susan, like a lot of other people. bill mcgurn, thanks for joining us. appreciate it, sir. >> thanks, stuart. stuart: story on goldman sachs. they're looking to take back 100% control of their china
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trading business. now what's the significance? susan: that might mark a turn in china maybe opening to u.s. business, right? stuart: really? susan: yeah, if goldman gets 100% by buying out the other half that goldman doesn't already own, goldman would be the first global bank to wholely own their entire trading business in china. they have been there 17 years. they finally got the blessing from beijing. this comes after four years engaged u.s.-china trade war. the factual street banks get into the market, operate in the market without being handcuffed by partnering up with chinese local partners, i think that marks an inflection point. stuart: let's hope. all i can say. let's hope. thank you, susan. it may be possible to immunize people against all strains of influenza. tell me, lauren? lauren: this makes the annual flu shot a thing of the past. so experts right now are honing in on the universal flu vaccine t would last forever.
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one and done. they did a phase one trial and it looked promising in protecting people against a broad range of strains of influenza. that is important because as you know the current shots are sometimes just 40% effective. you have to keep going back every year. scientists reformulate every year around the doctor has to give it to you every year. so a universal vaccine would require one or two injectionses over the course of your lifetime, maybe a booster here and there. yes, it is expensive up front but in the end it would be cheaper. with coronavirus more people are saying let's get a flu shot. stuart: would certainly be a brake through, that's a fact. lauren, thank you. i will make a prediction the big story on the market the rest of this week will be the ipos. a couple of real big guys coming fresh out of the gate. who is first? susan: doordash is first. pricing tonight somewhere between 90 to $95 apiece. ipo and debut on the new york
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stock exchange tomorrow with the big ipo. we'll be waiting for the first trade. they will raise around $3 billion or so that values the stock twice the price it raised cash in june which i find very astonishing. airbnb will price tomorrow night and list on thursday morning that will be another ipo watch on day one for airbnb. row blocks, affirmed, final two unicorns we see before year's end. wish is set to go out next week that will be interesting. for airbnb around doordash, we need to bring this up, this is important for investors out there, hybrid model and hybrid action. ipos, mostly price discovery, you sell shares to institutional buyers like fidelities, t. rowe prices. in this case they're only accepting the price they set and above. that is the only way you get stock. the reason? you remember snowflake. what happened with snowflake on day one, the stock popped 100%. the people benefited from the
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100% gain, not the founders, not employees but wall street bankers and investors. stuart: can you get a pop for doordash and airbnb. susan: i don't think 100%. stuart: but it could be big. susan: it could be. from demand it is very high. stuart: you saw my hand action trying to cut you off because we're out of time. sorry about that viewers. look at this, i'm calling him pc santa. roll tape. >> no guns. >> nerf gun. >> no the, not even a nerf gun. no, if your dad wants to get it for you, that's fine but i can't bring it to you. stuart: that young man walked away in tears. what a disgrace. i bet pete hegseth agrees with me. show next hour. goya's employee of the month, who do you think it is? aoc. fascinating about that. new york city mayor bill de blasio bar owner trying to stay open despite
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restrictions is a hypocrite. watch this. >> what this guy did, it was absolutely unacceptable. when you violate the law this will be consequences f you take action against law enforcement officer there will be even more consequences. this guy is a hypocrite. he is about to pay the price for his hypocrisy. stuart: did you catch that? yeah, yeah. congresswoman nicole malliotakis represents staten island. she will take him on next. ♪
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we're going to give togetherness. that sounds dumb. we're going to take all those family moments and package them. hmm. [laughing] that works. stuart: when you distribute a vaccine like pfizer's vaccine which requires very low temperatures you need dry ice.
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kristina partsinevelos is with us. i believe there is a dry ice shortage, is that accurate, kristina? reporter: stu, a little bit more about distribution and how they get out the dry ice to individual states right now preparing for the distribution of the first round of vaccines. we could potentially be days away from the approval process but, like you said, shipping them comes with a catch. the fact that many of the vaccines like pfizer a needs to be stored at negative 70 degrees celsius in order to be effective. why the solution is dry ice. producers in the country are prepping for influx in demand. normally in the wintertime, stu, you have the season, it's a little quieter because it is so cold. since the pandemic they have seen increase in demand for companies like fresh direct because so many people are ordering food online. i spoke to one producer in ohio about the potential strain on the system. >> so logistics will be a it
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could be a nightmare. we did get a hard date on friday. they said prepare for december 18th which is okay but that is also, that is a friday. businesses are ramping down friday. reporter: so they may have to work through the weekend. many of these producers still have no idea how much will be needed from local hospitals, pharmacies, nursing hopes. i spoke to another producer in albany about the frustrating wait and see approach. >> we will just have to lean on more manufacturers and suppliers. really a network of people in the business that, you know, we can all work together to try to help everybody. reporter: dry ice producers may be overwhelmed in the coming months, especially when it comes to distribution. i spoke to a lot of producers across the country. many have said so far the demand still doesn't compare to a good
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olded fashioned power outage. that is when the phones are off the hooks. stuart: nothing good about a old-fashioned power outage but there they are. kristina, thank you. despite new york city restrictions "saturday night live" is continuing to tape with live audiences, even though it is during the pandemic. lauren, how are they getting away with this? lauren: a loophole. they pay the audience members. pay them 150 bucks to show up, sit indoors as part of the live audience. so technically they're workers of the show. that's why despite all the lockdowns in the spring, and new york governor's cuomo threats to shut indoor dining in new york city if the hospitalization rate doesn't immediately level off, "saturday night live" continues to film. stuart: as long as you're nasty to president trump, they let you do anything. thank you very much, lauren. goya announced the employee of the month. you can see who it is.
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ashley, i know it is aoc. give me the story. ashley: well, look, i don't know if aoc's picture is on the wall at goya foods but god knows she earned it. aoc named employee of the month earlier this year after she supported the boycott of guy yaw because the ceo praised president trump after a roundtable in the white house with hispanic leaders. the boycott backfired, led to a countermovement supporting goya saw sales increase by 1000%. thank you very much. the company says aoc was an honorary winner but they haven't been able to hand her the award yet. probably won't be able to. a well-earned award for employee of the month, aoc. stuart: i hope she says boycott "varney & company." love to see that, really good for the ratings. thanks, ash. ashley: why not. stuart: look what new york mayor bill de blasio had to say about
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new york bar owner daniel presti who was arrested twice for defying new york's indoor dining ban. watch this. >> what this guide, did absolutely unaccept ann, i'm sure this guy would say he is in favor of law and order. he is making a big deal about what has happened with his bar. guess what? law and order means, when the state of new york says your bar needs to be closed your bar needs to be closed. when you violate the law there will be consequences. if you take an action against a law enforcement officer there will be even more consequences this guy is a hypocrite. he is about to pay the price for his hypocrisy. stuart: that is very interesting name-calling for danny presti. there you go. the lady on the right-hand side of the screen, congresswoman-elect nicole malliotakis. congresswoman-elect, new york city, in my opinion it is a mess. who is to blame? >> certainly a lot of it goes to our mayor and our governor who have come up with arbitrary restrictions that have made it impossible for small businesses to operate and stay in business.
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every day we're hearing about businesses that are either about to close or have closed. we have to remember that behind every small business whether it is a nail salon or whether it is a hair salon or a restaurant you have workers, workers who none lower will have jobs. you have their families who are going to be struggling to put food on the table. you have small business owners whose american dreams will be devastated. what we've been urging that the governor and mayor have a balanced approach. we know more about the virus than we did six months ago. we need cooperation from the community to follow the guidelines, to wear masks and wash their hands and socially distance but to have these arbitrary restrictions in place just to give you an example, in my community, if you're on one block your business could be shut down, if you're across the street it could be open. it really doesn't make sense. meantime so many people who are suffering and reaching their breaking point. stuart: i think the revolt is growing. i just feel it nationally.
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in the month of december, you lock down people, we're heading towards hanukkah and christmas, you lock them down, resentment is growing. i think the revolt is growing. congresswoman-elect, i'm terri sorry i'm so out of time. please come back. we value your expertise on the program. >> happy to come back, thank you. stuart: thank you. remember when the mayor of seattle called the "chop" zone the summer of love? watch this. >> it is more like a block party atmosphere. it is not an armed takeover. >> how long do you think seattle and those few blocks looks like this? >> i don't know. we could have a summer of love. stuart: oh dear, she announced she is not running for re-election but jason rantz, he is a talk show host in seattle, he thinks the city may be pushed even further to the left. how about that? first we'll deal with indoor dining shutdowns, ramp up across the country. restaurant ture chris coons says restaurants are the wrong
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target. maybe he will tell me who the right target is. ♪ to all the businesses that helped us make it through 2020... thank you for going the extra mile...
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stuart: there is indeed a rising number of coronavirus cases and that's not good news on wall street. we've got modest losses pretty much across the board. dow is off 30. s&p is down nine. nasdaq down almost half a percent. however, look at nike, please. that stock hitting an all time high after two price target hikes. nike, 139. we know restaurants have been hit hard, we know it. we've been talking about it for a long time. but, lauren, we now know how many restaurants have closed their doors forever. what is that number? >> one in six. so 110,000 businesses belly-up. the national retail association, i'm sorry, the national restaurant association, says about 500,000 are in, they call it economic free fall, completely dependent right now on more relief coming from congress. they have written a letter to congress stressing that.
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so without another package, four in 10 say, if they are in business now, four in 10 say they're unlikely to be in business six months from now. so the situation is really dire. the weather is getting colder. the lockdowns are coming. these businesses need aid. stuart: 110,000 gone for good. that is really extraordinary. thanks, lauren. restaurant owners in michigan, getting together, uniting to fight the state's indoor dining ban. here is what joe and rosalie vicari said on this program yesterday. roll it. >> when you work in industry controlled by licenses, a food license, liquor license, that the state holds you don't have a lot of say in this. we can stand united and we can be 500 restaurants strong. we learned quickly it is hard to fight city hall. would we love to ban together and stay open? stuart: they would like to stand together and fight.
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gentleman on right-hand side, chris cooms a a is there anything like that happening with you. >> no, in massachusetts, we're focusing on the data. what we've seen recently in the data, the month of november, only .4 of all the covid-19 cases originated in restaurants. so what we're trying to do, we're trying to spread the messaging how our environments are safe, they're structured. the restaurateurs we like to follow the rules and state guidelines. it is working here. i would like to come out to say encourage gatherings in restaurants at this time because they're awful lot safer than house parties. stuart: restaurants are the wrong target. who is the right target? >> well we can continue to target restaurants but at this time full-service restaurants are on the verge of extinction.
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if we don't get another relief package from congress, i think seeing half, more than half full-service restaurants in this country close. that is real possibility. that is a lot of jobs. that is a major ding to the united states economy. we need action, we need it now. the right target to answer your question are unstructured the house gatherings. for example i have an a quaint tans, i can't call him a friend but a former nightclub bouncer in the city of boston. he is making $450 a night hosting house parties in south boston. this is what is happening. people are going out. they're still partying. they're still having fun. we have a 10:00 curfew it is not working. stuart: that is a revolt. people are defy ant. this is the united states of america, can't tell them all the time, what to do, where to go, how to look, what to say, you can't do that. >> i agree. right now specifically in massachusetts we have curfew requires everyone to be home at 10:00. we're usualerring people out of
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safe environment by 9:30. guess where they are going? to other house parties to continue drinking to conservative living their lives. i would love to see these regulations eased off on restaurants because we're not the problem right now. stuart: got it, chris coombs thanks for being back with us. hope you come back soon. thank you, chris. >> thank you. stuart: i will show you a pandemic winner. it is a tequila brand that belongs to dwayne "the rock" johnson. ashley, i bet he made a ton of money on that? ashley: that is a good bet. anything dwayne "the rock" johnson touches turns to gold these days or in this case tequila. his new spirit brand teremana record to translate to sales. 300,000 nine liter cases, another 400 cases shipped. that is impressive. that is 40% more than george clooney's tequila brand sold in the first year. the bottle sells for $30.
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that is very reasonable as well. the rock, he has the magic touch. stuart: apparently does. 30 bucks for a bottle of tequila, that is okay price? i don't know. ashley: i think so. what do i know. stuart: send me one. ash, thanks. governor of new york, andrew cuomo hints at an end to indoor dining. roll that tape again please. >> if the hospitalization rate doesn't stablize in new york city, we're going to close indoor dining. stuart: you know, that sure sounds like a heavy-handed rule that ends in disaster in new york city. let's see what betsy mccaughey thinks on that. she is on in next hour. coronavirus bill, what's next. i'm asking republican senator mike braun after this. ♪ one of the worst things about a cold sore
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stuart: still a little bit of red on the markets. nasdaq down 36 points right now however johnson & johnson could get the late-stage trial results for their vaccine by january. that would be earlier than the original february target date. stocks are up two points. that gives an extra 15 points to the dow because j&j is a dow stock. stock of the day stitch fix surging. surprisingly good revenue and profit. they are personal stylists i am told. then there is apple and susan is going to tell us one more time about all these new products which include a 549-dollar pair of, stainless steelhead phones. susan: that's right. first over the ear headphones, ear pod max. this is getting attention on social media and trending.
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stain less steel, noise canceling. it is available next week. yes, pricey, 549. december 15th you can get your hands on them. the design is similar to bose, sony headphones, similar to beats, that was the largest acquisition. one analysis, apple has 35% market share for headphones. biggest in wearables. let's check in on peloton, apple announced their fitness app is launching on monday, december 14th. fitness plus. so when a giant like apple gets into the space others, like peloton fear the impending competition. stuart: peloton was down? now it is up slightly. go figure. susan: look at that. stuart: all right, susan. economists, some of them, have got a grim forecast for next year if congress fails to pass more stimulus. ashley, come into this. what are they saying? ashley: yeah. well, this is according to the s&p economists.
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they say the u.s. face as double-dip recession if indeed congress does not pass another round of emergency aid before the end of the year. the report says no stimulus combined with rising covid cases, almost certainly cause the gdp to decline for two consecutive quarters. s&p says a full recovery in their opinion won't be seen until the second half of 2022. it is expecting the economy so shrink 2.3% in the final three months of this year. a bipartisan relief bill is gaining traction that would provide $908 billion but it is unclear, who knows whether it can be approved by the end of the year. but according to s&p, it is a little bit of a grim forecast. merry christmas, right? stuart: you got that right, ashley. thank you. that bipartisan deal they're trying to work out does not include at this point liability protection for employers. i got a real problem with that.
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let's bring in senator mike braun, who is not been on this program for months. i don't know why. senator, really need you back. but look, let's get straight at it here. if you want to bring people back to the big office build national new york and elsewhere, you you have got to give the employer some liability protection. the left won't give it to them. i see it as a huge problem. >> stu, good to be back on the program. need a little common sense from main street and a place like indiana anyway. stuart: right. >> you are correct, if you do not put some type of liability protection into it, for schools, for hospitals, yes, for businesses, you're going to make this recovery even more tentative. so i know they have dug in. it is mostly the trial lawyers on the other side that are making a ruckus out of this. they have come down from craziness of a couple trillion down to under a trillion. so that's progress but we will, we passed it back in september
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and october, with some reasonable liability protection in there, if that doesn't happen, i don't think it will get a vote. the other big issue is state and local government help. talked to our governor last week, place like indiana, that had high unemployment out of gate. we're down to 5% unemployment, 1% from full. my home county is at 3.3. a lot of those state economies are a function of how well you manage your state finances before, what kind of business climate you had. that is the political hot potato as well. stuart: certainly is. what do you make of javier becerra as the health and human services secretary? >> i will meet with him. talk to him about why he thinks he would be good at that role. i know he has heavy influence from the health care industry already in terms of contributions and so forth without a lot of experience.
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i've been the most vocal senator on wanting to reform health care. we have to do better as republicans just saying no. but make the industry competitive through transparency, competition, get the health care customer involved in her or his own well being. if he is thinking along those lines, which of i think he is thinking more along the bernie prann, i want to hear from him at least. stuart: i don't think javier becerra will say much about health and human services. i think he is the lockdown czar. that is the way it is shaping up. >> i think so. stuart: senator, don't be such a stranger, come on back real soon. >> i will, stu. stuart: got it. thank you, sir. getting in the groove may get you an olympic gold medal. the olympic committee is adding a new sport to the 2024 games. you can see it on your screens. we'll tell you more about it coming up. looks like that emmy went straight to governor cuomo's head. watch this? >> we're like the modern day
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de niro and pacino. you can be whichever you want. you can be the de niro or pacino. fauci and como. stuart: movie stars, yes. i'm sure brian kilmeade has a lot to say about that and brian will join me next. ♪. want to brain better? unlike ordinary memory supplements- neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration.
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how? they went to golo.com. now it's your turn to lose weight quickly and easily with golo. head to golo.com now. that's g-o-l-o.com. stuart: markets, a little green for the dow industrials. we've turned north. that is pretty good. the s&p and nasdaq are still down. new york city mayor bill de blasio just announced when this city will get the vaccine. susan. susan: warp speed. take a listen. >> now, we are 10 months into this crisis but, for the first time we really can see the end in sight. why? because the vaccine is coming next week. the vaccine will be here in new york city. because vaccine is being produced in huge quantities for this city and for this whole country. susan: that's right. so fda approval could come as
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early as this weekend for the pfizer biontech vaccine because they have met the criteria. what does that mean for schools and reopening after city that desperately needs it? stuart: maybe the mayor and governor of new york could give some credit to trump for delivering these vaccines at warp speed but i don't expect them to do that. it is 10:51 and brian kilmeade is with us. i will start with new york governor cuomo making this comparison. brian, i know you've seen it but watch it again. roll tape. >> we're like the modern day de niro and pacino. you can by whichever you want. you can be the de niro or pacino fauci and cuomo. i will give you -- who do you want to be de niro or pacino. which one do you want to be? >> i love them both. stuart: i got it, joking around, movie stars. just a couple seconds later the governor is threatening to shut down indoor dining in new york city all over again. what do you make of this governor and our mayor?
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>> don't forget either, stuart varney, he also told the staten island bar owner, called him a coward. we know all the threats he keeps making. he sits back and says if the numbers go up anymore we'll shut down indoor dining. can we mention 25,000 businesses and thousands of people will go out of business because of your little proclamations, you sit back, hey, new york, you're not good enough for me? that is essentially it. anthony fauci seems like a wonderful guy. i wish him a couple birthday in a couple weeks. i never know i learn anything from him. he does decrease by interview. if you ask him the right question, you make news, you don't. he goes from steph curry podcast to kardashian zoom call. i don't know why he is on the cover of "people" magazine. he is putting out press releases, not on the cover of "people" magazine. i don't understand, get on the same page as admiral giroir. if you don't like president
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trump, you prefer sighs h vice president biden when he becomes president, that is up to you. admiral giroir said earlier that day on the task force i have no problem with outdoor dining and kids going to school k-12. he said i have a little problem with outdoor dining. really? maybe you can work it it out, hose horrible and lower middle class people are running out of time, we're running out of patience, we're running out of business, we're running out of money. he is out there pretending to be de niro and pacino. he had no problem not kidding around when he was on our shows but when is he on with governor cuomo who blew up 17 meetings with the task force, led by the vice president. this guy who politicized the vaccine to the point where he says i wouldn't take it coming from the white house. i will have my own people check it out. there is a lot of people believe it or not outside of his brother that look up to him, hey, if governor cuomo will not take, i weren't take it. maybe a reason only 58% of the
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country are willing to try the new vaccines. stuart: terrible. i want to talk to you about the mac's public house co-owner dan presti. you had his attorney on this morning. this is very important because as you said earlier, governor cuomo called daniel presti a coward because he, what, run away from three men in dark clothing chasing him down the street at night to arrest him. what is going on here? >> all i can tell you we don't know details. all tell you the surveillance detail, unmarked sheriffs whether they showed a badge or not. i go what he said and the lawyer said. i want to hear what the sheriffs are saying. why are you running him down? is a threat to humanity? this guy two days prior when you came to arrest him put his hands out like this. my sense he is not afraid of getting arrested. he got arrested and reopened. he is trying to make a statement, if i close down one
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more time i'm out of business for good. new yorkers by trade usual live try to fight before they go down. they will go down with a fight, not physically fight. at least you have to show me the science reveals why i can't have my business open as opposed to guy or the woman right down the street. and i guess it is happening stuart, around the country. i watch your show too, from california to wisconsin, to michigan. people are going, excuse me, why are you shutting me down? why am my kids at home? why can't i go to work? why i can go to indoor mall but not a indoor restaurant? please explain that to me? you don't want to explain that to me? i'm staying open. people are fed up. the pandemic is nobody's fault except china but i do this thing, when i get up 2:30 in the morning i'm able to watch "world news." i go to your old place the uk, the bbnc do you know the around europe the strictest lockdowns are revealing a rise in the virus? all the sacrifice is not
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producing anywhere else? we're not the problem. stuart: it is not working. wrecking the economy, wrecking industry, it doesn't work. what a miserable situation. brian spell it out clearly i like that. >> thank you, stuart. stuart: we're hat 10:55. we have pete hegseth, jason rantz, betsy mack coy. people want to make their own decisions. that is my take next. ♪ we made usaa insurance for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims,
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>> there are very few things democrats and republican's agree on but one thing is that china is a strategic competitor. >> any fallback should be an opportunity to buy with markets going high. >> all the media criticism of the president and the criticisms and people like kamala harris diminished the number of americans who are eager to take this vaccine. >> this looks like a very safe and highly effective vaccine. it's large gatherings, not restaurants and within homes that covid spreads. >> there are a thousand, maybe tens of thousands of businesses already gone under and will not recover.
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♪ stuart: that guy has a great voice. bruno mars. really, really powerful voice. there? ronson. susan: yes, bruno mars featuring mark ronson or the other way around. stuart: 11:01 and that is where new york city, tuesday december 8 and look at that market because just check the level of the doubt. up 67 points, 30,135. not bad and the nasdaq is down a fraction s&p up the fraction. markets still tricky pretty solid. now this -- it is december, holiday month and the lockdowns and stay-at-home orders are spreading but so too is the revolt. we are on the verge of a thing, a serious confrontation. at the heart of it is this
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question, where is the science behind these shutdowns? where is the science that says eating outdoors spreads the virus and must be banned? where is a science that says a big fox store which stays open is safe while small stores are virus spreaders and must be closed? where is the science that says it is okay to do personal damage to millions who are shuttered. there is a moral question two. why is it okay to shut down angela marsden's outdoor restaurant for which he paid $80,000 when a film crew shooting and nbc comedy gets to eat outdoors with no problem at all and they are right next door? no wonder she is upset. is it okay for the governor of new york to call daniel prescott a coward? he was chased down by three men in dark clothes who claimed they identified themselves. >> he was two blocks from his closed restaurant in the street
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was deserted. it was late at night and governor cuomo called him publicly a coward. no wonder a revolt is brewing. i'm breaking out all across the country and here is the last question, why can't we make our own decisions? if i think that restaurant or store or bar or gym or church or temple or playground or cinema or beach is unsafe i choose not to go. my choice. the essence of america is personal, individual liberty. don't we all want it back again? that is my take and the third hour of varney will continue. ♪ stuart: let's get straight at it. minnesota restaurant owner is the latest to revolt against lockdown orders but watch this. >> we can't have anyone in our restaurant and we are only allowed to do drive through,
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which i do not have or they can pick up. i'm not closing my doors for anything. you cannot, a governor cannot shutdown businesses at a whim. you cannot pick and choose who will be a winner. stuart: i'm with that. here is pete hegseth joining us this morning. look, the revolt i think is clearly going nationwide but it's got to be organized. it's got to be a lot of people setting up simultaneously so they can't crush them all. >> i agree, bravo to your take, stuart. you are correct. a lot of this started with a bolt of the gym owners and salon owners the first go around when the 15 days to stop the spread continued. ian and frank over at tillis, new jersey have been leading the charge on this. they've been fined millions of dollars and it had over 70,000 people go through their gym and not a single case of covid tied to working out at the gym and this our gems. what they're trying to do now is create a network where people can have the courage to rise up
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together. you just mentioned lind, minnesota out in western minnesota and a tiny town doing it on your own almost feels helpless but if all the businesses say we are open there aren't enough governors out there to close them all and shut them all down. it is the arbitrary nature of it, stuart. take minnesota. you can go west to south dakota or east to wisconsin and have a meal all you want, wide open or even inside minnesota. it's like the north pole in minnesota it's so cold. you can't eat outside and you can't eat inside and you can't go to the gym but you can get your nails done and you can get your hair done. it's the arbitrary nature of the application is what has people revolting and not of it has to do with evidence they can show me of how the virus spreads because of these activities. it is completely disrespectful to individual citizens, as you said, who have enough common sense to choose for themselves but businesses have to show courage. if you don't the politicians who love power will keep taking more
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of it. stuart: and they will wreck the economy. that's a fact. changing subjects but related, pete. i want to watch this clip. it's a mall santa shut down at a kids request for a nerf gun. watch this, please. >> no guns. >> no, not even a nerf gun. nope. if your dad wants to get it for you, that's fine but i can't bring it to you but what else did you want? legos? bicycle? cars and trucks? what you think? what do you think? [inaudible]. stuart: doesn't that just make you want to throw up? good god. >> now is to deal with social justice santos? by the way, good for the kid.
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he reminds me of ralphie bombed the christmas story where he wanted that red ryder bb gun and he was going to get it no matter what. he may have been reduced to tears but he was not caving to social justice safety anti- gun santa. good for him paired where was the dad or mom there? easy santa this is my kid. he's not asking for an ar 15 but asking for a nerf gun to shoot his brother who keeps picking on him. this is -- i don't nope it hopefully this is one stanza gone rogue. you tell me. this can be to santas. i'm sorry. stuart: i think it is a sign of the times. it's the intrusion of all un-american anti-american point of view intruding onto christmas and santa claus and having -- i tell you but when i said that makes me want to throw up, i mean appeared that is absolutely certain to see this happening in our great country. >> however, you know that's what happening in our schools too.
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they are being told the same thing. stuart: yeah. i will change the subject before my head explodes but this one is for you, pete hegseth. you know what is coming. bitcoin. [laughter] i know you've owned it for a number of years and it's gone to 18,800 and it's down $300 today so you must be feeling it in your wallet there but do you think it will go higher still? you still bullish on it? >> i'm very bullish, stuart. we are all converts to bitcoin and very few started there but it took me years to get there. you are getting there, stuart which i love and welcome to the club and the more it gets institutionalized of the more there is understanding about it and the more wall street embraces it and the fcc is now dealing with crypto currencies. it is being used more as an actual currency in different scenarios and more places are taking it. it takes time for a new concept like this which is truly revolutionary and, as you point out on your show, the limited supply is what makes it so special. governments can keep printing all they want and as you see,
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they have. eventually this will have a devaluing effect. with bitcoin that doesn't exist but there is a fixed supply and there is plenty of avenues in this new world where it can be used. i'm bullish big time and there is a lot of forecast that goes -- it's been stuck at 20 because there's a lot of automatic trades at headset 20. were going way past 20. thirty, 40, 50, we are going to the moon, stuart. stuart: i hope you get paid for this commercial you just did for bitcoin. >> i wish. stuart: i want a piece of the action. pete, you are all right. >> you're welcome. stuart: will see you again, stuart. susan: what did he buy in at bitcoin? stuart: i think it was down two or 3,000. susan: he can make that up in a day. [laughter] stuart: pete, are you still there? >> i'm here. listen, i bought as low as four but it also bought as high as
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18, stuart. as high as 18. i made some bad calls but i every depth i've bought and that's what i would advise people to do because it's been resilient so far. stuart: what's a guy. what a guy. okay, thank you very much. [laughter] still on crypto, how soon could facebook launch there -. susan: maybe pete can look at facebook's crypto next year, possibly in the early part of 2021 and not just the crypto currency but rebranded as [inaudible] as an carpe diem seize the day but they are launching the wallet called [inaudible] where you can store these dollars per does that make sense? on the platform itself and we sing global revelatory pushback when it comes to this crypto project from facebook and there's been concern from governments and central banks that is what facebook doing could undermine their sovereignty and individual governments and global banking so instead, what global governments are doing are
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launching their own digital currency. we have china doing that with a digital being doled out right now and being tested in the chinese market. we will see. we know facebook has they flash their ambitions and where they want to take this crypto project and i think individual governments and countries might be taking over themselves. stuart: i would have thought all these other crypto's would've taken down the value of bitcoin because bitcoin is no longer out there alone. susan: there is a text rp and a lot of choice but in terms of mainstream use right now bitcoin is writing that. stuart: susan, thank you. new york's governor threatening to shut down indoor dining again just as we head into winter. betsy mccaughey says locking on businesses unconstitutional and she is on the show shortly. the president holding a summit on operation warp speed at the white house today but we bring you the latest on that. the mainstream media cannot hold back when with its disdain of
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just get a quote at libertymutual.com. really? i'll check that out. oh yeah. i think i might get a quote. not again! aah, come on rice. do your thing. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ stuart: lady on your screen on the left-hand side is a 90 -year-old grandmother receiving the first pfizer vaccine that was in britain which brings this question, when are we getting the vaccine? paul manko is with us health and human services deputy chief of staff and welcome to the program, good to see you, sir. >> stuart, thank you for having me. stuart: big meeting at the white house all about to division so you tell us who goes first?
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>> stuart, it's important to first test the context for what this meeting is about. we are only days away on president trump and secretary azores leadership from the most monumental medical discovery and manufacturing achievement in the history of this country. that is the context for it and at the summit you know, the president has put americans first or america first for the last four years. today he will sign an executive order ensuring that americans are first in line for any of the vaccines that we manufactured and that we have procured but we have a couple of other objectives too, stuart. stuart: but which group -- which group gets at first? >> stuart, the advisory committee on practices is putting out recommendations but the ultimate decision we will leave with all the governors and the jurisdiction leaders out there because no one knows more about what is going on in their geographies then they do. our role is to ensure they get safe and effective vaccines disturbed and to the point where they will vaccinate and set the
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priorities. stuart: to all the states get the vaccine at the same time and within the same day? >> stuart, we made a commitment and i think you've heard him say the general status that within 24 hours of va ux approval within the next couple of days every jurisdiction, every state in the country will have vaccines shipped to it. stuart: got it. i'm sure you heard this from new jersey's governor but he says that up to 70% of people are not cooperating with contact traces. does it seem like contact tracing is working can do anything about that? >> stuart, director redfield said month ago when these cases got to a volume of today couple hundred thousand today with all the a some semitic spread that actually contact tracing is not an effective way to combat this virus. what is effective is what he heard the secretary and other say, the 3w's, where your mass, watch your distance and wash her hands were that's how you combat this virus but more important vaccines are on the way.
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we just quit asking where can people to hold on a little bit longer and there will be tens of millions of doses administered before the end of december. stuart: doctor anthony fauci says there could be a bigger virus surge after christmas, a bigger surge than there was after things giving. what is your take on that? >> stuart, i will not speculate about what will happen after christmas. i know the following. if the megan people adhere to our guidance, which i just articulated before, we will get through this we will get vaccinated and there will be tens of lands of folks vaccinated in december and in january if they adhere to the 3w's will be just fine. stuart: i want to make something clear the mayor of new york bill de blasio just said that we will get the vaccine next week and he seemed to imply that it was all his doing. let's nail this. it was president trump with a warp speed operation the really came through. last word to you, sir. >> it's been unbelievable leadership on the part of president trump and on the part
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of secretary a czar and i'm not going to get into local new york city politics but every jurisdiction will get its fair share. stuart: you don't want to get into new york city politics. believe me. paul, paul pleasure having you on a show for it for being here. stuart: thank you. stuart: now this. tom friedman if "the new york times" star columnist has one three bullet surprises and he hates donald trump but he loves joe biden. watch this. >> we are really lucky, i think, to have a president who is hard to hate at a time when our politics are so infused with hate and that is one of the things i think will do him in the country well, i hope in the coming months. stuart: did you hear that? biden really hard to hate. our politics are so infused with hate so where did the hate start, tom?
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it started before trump was elected and continued through the russia hoax through impeachment and into the pandemic. it's the elites that started the hate and they couldn't take hillary's loss. i've got a media project meant for you but whatever goes wrong in biden's first year, it will be trump's fault. whatever goes right will be because of biden. they will never get their reputation back in the media, never. i will calm down and show you my turnout which i believe his way up. it is? by percent, what's going on lauren? >> do know it's up about 800 sent in the past one year? eight 100%. crazy. the news today is the switch government has increased their maternal vaccine in order to seven and half million doses from foreign half-million and the doses could ship out this month with regulators approve it and so the dharna is a u.s. drugmaker and we know that and they partnered with the swiss manufacturing company to produce
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and distribute the vaccines for the logistics are clearly in place for them and they say we got a great relationship with switzerland so they will open their first commercial organization outside of the u.s. and switzerland, stuart. stuart: that's why it's up 5%. increase the oil level and up you go. 167 on moderna. take a look at the marijuana stocks? a famous chef is jumping into the cbd game and that's different from marijuana. i got that but who is the chef, ashley? >> just in time for the holidays, martha stuart. cbd gummy collection martha's gummy collection now available at the vitamin shop online and all of it is retail locations and it will have over 500 retail locations, amazing, is produced by canadian cannabis company canopy growth and this includes a 15 flavor sample about six to five dollars and stuart, she
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joined in 2019 and what she is selling and the sales of cbd this year could hit 4.75 alien dollars. the number of products featuring the non- psychoactive cannabis compound actually bloomed after hemphill was legalized in 2018 and martha stuart, as we know famously got together with snoop dogg on a number of those products so, cbd is the name. to get to relax and good for your health, they claim. stuart: it puts me to sleep. thank you, ashley. [laughter] it just does. susan: that is the point. stuart: if you notice on the market we had a real turn around and down 100 on the dow and now up 70 and there must be some big winners, susan. susan: i think there is some vaccine news which turned the markets around. the dow with the astrazeneca vaccine proving effective and that's interesting.
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let's take a look at the winners because shop if i adding to the rally that we seen since black friday when they announced they made billions of dollars in sales and crowded strike against cybersecurity working in the cloud and working from home and want to be safe when working on the internet. zoom. stuart: back up again? susan: but remember when we dip below the disappointing results like three 100% gains in sales, not the case anymore and a cloud seemed play, good mitigation platform snowflake, this is the poster child for ipos this year. look at the stock, $422 and went out below 100 and then unity another ipo darling here look at this stock. this is triple by the way. stuart: forgive me for saying this, but isn't it a little .com late 1990s? all these comedies very new companies never heard of most of them have arrived on the scene very latently in zoom.
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susan: and they were in debuts and since day one europe 24% and that is sensed the .com bubble but i think the difference and it's important for investors to understand these companies make sales and they make money. stuart: not like 20 years ago. thank you, susan. still got a big show to come, tiki barber is here and ask them about vaccines for athletes and what he thinks about this newest olympic sport. cities could soon cash in on your amazon deliveries with new taxes. we tell you how much you could pay per fox and new york's governor cuomo compares himself [inaudible] at the same news conference where he threatened to shut down indoor dining. betsy mccaughey sounds off, next. ♪ ♪
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♪ stuart: we are like the modern day de niro and pacino and you could be whichever you want. you can be the dinero or pacino. i will give you a -- who do you
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want to be? de niro or pacino? >> i love them both. stuart: new york's governor cuomo having a good old time laughing about dinero and pacino at the same news conference he threatened to shut down indoor dining. betsy mccaughey is with us in the former lieutenant governor of the state of new york. betsy, are you questioning the constitutionality of another shutdown? >> oh yes. particularly as it applies to restaurants. there is no scientific evidence that locking down all restaurants is an appropriate approach to the pandemic. at the very beginning of the pandemic there was one study that suggested a correlation and that was not causation between restaurant dining and becoming infected. but now even science at johns hopkins say that his way in the past and so many restaurants now have been installed air filters, plexiglass barriers and taken other safety precautions that it is unscientific to lump all
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these restaurants together and say they need to close. stuart: but betsy -- just because the science isn't there, doesn't mean to say that it's unconstitutional, does it? >> yes it does. the fifth amendment to the u.s. constitution per habits the government from taking your property, your business without just cause and that is what is happening to these restaurants. unless there is an emergency and the remedy is what they call [inaudible] so thank governments looked at it and said we have a lot of contact tracing information that suggests these four restaurants are responsible for the spread and they are the super spreaders. they could go in and close those with evidence or they could say the cdc points out that 80% of the people who are dying from covid are over 65, 80%, 90% are over 55 so we could ask restaurants to post a sign that if you are over 65 or someone in
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your family is we've postponed it dining here until after the pandemic and that would be an appropriate narrowly tailored remedy but just closing down all these businesses without decisive evidence is of violation of our rights. i can guarantee you these challenges which are now percolating through the courts get to the supreme court this will be struck down just like andrew cuomo's closing of the churches was. stuart: fair enough but that takes a long time to get through to the supreme court, by which time, these businesses are utterly ruined. >> absolutely. if cuomo is ruining the state of new york and if you look at the evidence the infection rate in new york city is half the national average but the unappointed rate is double the national average and that is not because of the infection but because of cuomo and de blasio unreasonable anticapitalist policies and they are getting
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their paychecks and they don't care about the people who have to earn a living. stuart: we knew you were fired up about it, betsy. we are glad to have you on the show because things are just getting out of control but betsy mccaughey everyone. good stuff. see you later. thank you. some cities propose a new delivery attacks and that is because more and more people are ordering things online during the pandemic. grady trimble is an ohio. how big attacks connect back here in chicago a dollar 25 for every one of these under 50 pounds steward and that is the proposal here. it would be double that for packages over 50 pounds. in new york the proposal is even higher at three dollars per package would be that tax being proposed there and in both cases prescription medicine and food would be exempt. those who support this tax they say that delivery generate more trash that the city has to process and those delivery drivers are driving on public
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roads. they say this would level the playing field with brick-and-mortar stores but we should point out chicago has a $1.2 billion hole in its budget that it is trying to fill next year and raising property taxes to do that so this would be another tax on top of that. in new york there is a proposal to use this package tax money for the mta in the subway system that was struggling before the pandemic and now has been absolutely decimated. i guess the moral of the story is, stuart, enjoy your holiday shopping now because next year you could be pain of dollar 25 or even three dollars a package for the holidays and year-round. stuart: real fast, grady. who pays that tax? me, the person who receives the fox? >> technically it would be billed to the delivery companies or the company that is selling you the package like amazon but we all know how that works, stuart. it eventually comes down to the consumer.
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stuart: grady turnbull, shocking news indeed but thanks for joining us with it, appreciate it. see you soon. the markets did turn around very so. dow is now up 88 and opened one at a point lower but not much movement for the nasdaq or the s&p but that dow is at 30,159. we've got some big names coming to market as in ipos and very soon give me the timetables be record december for the biggest door -- shares we are looking summer between 90 n-95 dollars and lessie on the new york stock exchange tomorrow so door -- will value and double itself to $35 billion. air b&b pricing lifting on thursday morning on the nasdaq and air b&b priced and next week we have wish which is the third largest e-commerce player in america going out before the end of this year you have final two highflying unicorns that will
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see a play and dollars raised in the record number for the entire year 160 billion and that is within striking distance of a brand-new record overtaking the .com bubble in 2,000. stuart: i've never heard of roadblocks. susan: video games for kids. stuart: . susan: one of most downloaded apps in the world and a shopping app and provides the loans and if you can't buy the intel or palatine bike but by it in installments. stuart: never heard of them until now. thank you, susan. howard stern, signed a new multiyear deal with sirius xm and i bet it is for a ton of money. susan: tons paid by your deal, knows financial specifically by bloomberg that reports back in october it was offering howard stern $120 million a year. stern at the time said it wasn't true but you know, we know his other five-year contracts paid him summer between 80 million
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80 million-$100 million a year pit look, maybe he's worth it and he's the marketing talent and everyone knows who is we know sirius xm shares are up that he's extended his contract with exclusive rights to the stern show for the next half decade but their numbers are pretty big. we know that pain customers are around 35 million and do you think the economic justifies the contract price? look, they made $8 billion in sales for the entire year and last year they would not imagine a lot of that probably came from howard stern. stuart: seems like an awful lot of money for howard stern but they would not be paying it to them if they weren't getting it back in increased revenue or fees to listen to him. susan: and the radio star. stuart: coming up, there is a new attack on christmas and frankly, i think it is just plain pathetic. i will tell you about it though. also ahead, seattle's liberal mayor will not run for a second term but her successor could push the city even further left. good lord. we get into that too, next.
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stuart: the dow is now close to 100 points higher and i keep saying this but look at the level and the dow is now at 30,160 and take a look at stitch fix, it is surging is still ready to president trump, strong revenue, strong profit and they are personal stylists. up 43%. johnson and johnson could see results for their late stage vaccine by january and that is earlier then the federally target date and that is good news up goes the stock and it is a dow stock and helping the dow industrials. then there is this. seattle's liberal mayor jenny
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durkin will not run for reelection. could her successor lien even more to the left? jason rantz is a seattle guy, talk show radio in seattle so how do you see this playing out. could you actually end up in seattle with a more left-wing mayor than the one you got? >> as hard as that is to believe, yes. that is most likely. jenny durkin was not issuing but obviously you do get an incumbent and you got someone who is generally well-liked by the silent majority in seattle and she is considered by seattle standards more moderate but she is as moderate as you will get it. she barely won back in 2016 and since then the political climate has shifted pretty significantly. the activist class was very upset with the election of donald trump and that got them to create a better sense of urgency and then after the george floyd dad they decided to take advantage and exploit that
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for even more power and what we are seeing right now in seattle is the activist class and the people have been peacefully protesting with riots and chopped capitol hill autonomous zone and whatnot so they are the ones that this council is not listening to break the politicians are listening to them exclusively and that is why essentially mayor jenny durkin has decided to be a one and done america she does not have the support of the council and the activist class is basically run her out of town. whoever wants to take on that position will have to placate the activists. stuart: is seattle now or becoming a socialist city? >> i mean, one could argue it's already leading in that direction and may be already there or at least to an extent. we have a council that has one open a socialist and she does not hide it and then we have another two that are closeted socialists and certainly take positions where they are constantly going after the capitalist system or always
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going after businesses and created a business environment in which is this is our fleeing. the irony in all of that -. stuart: it's the money leaving town. >> the money is 100% leaving town. think about this. in context, in the middle of a pandemic economy and almost 150 businesses in downtown seattle alone that have permanently closed. the council decided to pass a payroll tax. they went after some of the bigger businesses and it was really to go after amazon. amazon decided that we are done so they found a loophole in the payroll tax law which allows them to allow people to work from home over 50% of the time which means they don't have to pay into the payroll tax. at the same time they are saying no to renewing different leases in seattle and moving tens of thousands of jobs across the puget sound and really mostly into bellevue and redmond which is about ten, 15 minute drive from seattle and that is where the tax dollars are going. stuart: jason, i would invite you to new york city but it's
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not much better here. thank you for joining us, jason rantz and keep in touch but i want to know who succeeds. thank you, jason. christmas decorations people stayed home for the holidays and we are taking you alive to the chicago suburbs where one guy is going all out for christmas but look at that. we are days away from vaccine distributions and good pro athletes get priority so they could inspire people to get the shots? i asked tiki barber. ♪ just fighting an uphill battle in my career. so when i heard about the applied digital skills courses, i'm thinking i can become more marketable. you don't need to be a computer expert to be great at this. these are skills lots of people can learn. i feel hopeful about the future now. ♪
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aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. stuart: ladies and gentlemen, i bring you the latest attack on christmas. this is a killjoy classic. it's a letter to the crime watch minneapolis but i'm quoting directly from it. the idea of twinkling lights are a reminder of divisions that continue to run throughout our society, a reminder of systemic biases against our neighbors who don't celebrate christmas or who can't afford to put up lights of their own. we must to work against educating ourselves about the harmful impact on outward facing displays like yours can have. what a miserable life this person must have. of course, it was an anonymous
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letter. let's turn the corner on this one and go to jeff flock live in naperville, illinois in the chicago suburbs where the homeowner, i should say, who was not afraid of offending anybody and i want this story, jeff. lay it on me hard. reporter: that's what i love about you, you're free to think whatever stupid thoughts you want to think. look at this, these guys actually get a lot of positive response from their neighbors and people come by to visit because all of the crazy stuff and everything from the crash and it's all moving and all electric and this is the year of the coronavirus and even people are going not spread look at the numbers and i know you want to see how people are spending on things but the sales at ace hardware of lights and wreaths and garlands are up big time. look back here, it is like the marshall field's window. this guy has gotten anima tronic santa clauses and we've got
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rudolph up there and even got an oma's to you over here, stuart. mike, come over here but i want to show stewart's body over here. [laughter] this guy wants to know how much the electric bill is on this. i was all ready for that one. stuart: how much? >> i don't know but -- [laughter] i asked and he said i don't think it goes up that much so maybe it doesn't but he's got a lot of things plugged in, i tell you. this guy had extra electric circuits put into his house so that it could accommodate all this moving stuff. stuart: we love it, jeff. we love it. that's a terrific antidote to that nasty, miserable letter which i quoted from before we got to you. really. you send joy into my heart, flock, whether you know it or not. [laughter] reporter: i'm so happy.
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stuart: good man. to the vaccine, some health officials want star athletes to get their shots early and that would encourage other people to get vaccinated. tiki barber is back with us, former new york giants running back i am told. tiki, i think it is a great idea that vaccines go to athletes early and that can demonstrate to other people they are safe and get on with it. how about you? >> well, i think they should have it early and not at the expense of front-line workers or first responders or teachers. how many of us with kids are waiting for or hoping that our kids will stay in school or go back to school because a lot of those are not but it is an interesting question whether or not influencers and this includes athletes will encourage people and there is a big number of them who are scared of the virus and they should not be talking about the efficacy of it or even getting inoculated because i'm getting inoculated i
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think that's a conversation between families and doctors and those health professionals that are experts in that realm but i think the example, if it is safe, is a smart one. athletes have big influence in this country. as you know, around the world they even have big influence. if they are advocates early and it is safe and everyone is healthy after the vaccine that i absolutely will stand behind it but i don't think they should -- they shouldn't be put first in line like your hair and in other countries. stuart: but i love to see team sports get back in action, full action again. tiki, you know what's coming, don't you. breakdancing has just been added as an olympic sport. to me that ranks right up there with the rhythmic gymnastics and synchronized swimming. you've judged these things subjectively and i don't think there should be in the olympics but how about you? >> i don't either but you might as well put the ball in the olympics but i know they don't play it nationally so we would
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dominate that but it made me think back to these movies that i used to watch when i was ten years old like break in an electric boogaloo and all these breakdancing movies but i don't really get this one. i understand it, sport climbing was added and that one i understand. breakdancing? not a big fan of that. stuart: we've agreed on two subjects bid let's see if we agree on this one here. we have a viewer who wrote to us about the boots in the background of your shot. the kinky boots. tiki, do they fit? >> yes, they fit. i wore them for seven weeks on broadway and one of the greatest experiences of my life being on that show. it's an amazing message that it tells about acceptance. i was the thesis and the guy who did not agree and then i agreed. stuart: tiki, i went to see th that. >> you didn't see it with me. stuart: probably not. >> i was kind of to fit for the role. it supposed to be this big heavy
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guy and i was too fit for the role but it worked, it was fun. [laughter] stuart: being barber back to broadway. tiki, you are all right and we'll see you again soon, i hope so. >> thank you, stuart. stuart: more varney after this, promise. . . . . feel truly heard. i understand, let's get started call a dell technologies advisor today.
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us money reserve. with nearly two decades in business, over a billion dollars in transactions and more than a half a million clients worldwide us money reserve is one of the most dependable gold distributors in america. stuart: no. neil: i'm not going -- sorry. didn't realize i was back already. they want me to sing again. i'm not going do do it. we have only 20 seconds left. >> what song would you sing? stuart: to appreciate a voice
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like this you need more than 20 seconds. good king wencleaus. >> do that. stuart: i may be persuaded before christmas. all good news. i see some green right there and my time is up. so neil, it's yours. neil: i missed a chance to hear you sing. stuart: yeah you did. neil: whatever, that would have greased skids for boffo ratings. thank you very much, my friend. the corner of wall and broad we have stocks up right now about 100 points and as stuart has been indicating here the back and forth on the vaccine, what seems to be like very, very close to near term approval by the food and drug administration later this week. as you know it is in britain's hands, it in bahrain's hands, increasingly in a lot of hands rather than america's hands. that is sticking in some

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