maria: have a great day. we will see you tomorrow. "varney & co." begins right now. take it away, stu. stuart: good morning. where do we begin? meghan and harry interview? selloff in the tech? no, let's talk covid turning point, 5.3 million vaccinations over the weekend, way more than 2 million a day and we are down to about 40000 new virus cases a day. one year ago we were starting to lock down and now the virus and vaccines that go with it are in retreat. spring will be with us in two weeks. it's going to be upon us soon if not now.

big rally for stocks friday and mixed picture report this morning with the dow jones up about 137, s&p on the upper side, but the nasdaq down again, but is recovering some earlier losses. big tech is one of the main stories. is under real pressure with the rally may have stalled as long-term interest rates rise this morning. apple, google and michael sought-- microsoft on the downside. that's held they will open, not necessarily how they will close. oriel touched $70 a barrel at one stage overnight with a drone attack on the saudi's major oil terminal. backing off now to $65 per barrel. that does not help stocks appeared and then there is the making and here interview with oprah winfrey. i did not watch and have no interest in soap operas loyal or otherwise, but i could tell you the bricks are furious.

nigel for irish will join us later and if you went to see outrage, watching nigel. stay there. we have all you need to know about money, politics and the meghan and harry and oprah winfrey show. "varney & co." is about to begin. ♪♪ stuart: nice day in new york city with the empire state building there . it's cold, sunny and yes, it was a royal bombshell. prince harry, meghan markle dropped explosive claims while telling apart winfrey about leaving loyal-- royal life behind. here's a brief clip. >> won't be given security, won't be given a title and also concerns and conversations about how

dark his skin might be when he's born. they were willing to lie to protect other members of the family, but they weren't willing to tell the truth to protect me and my husband. i just didn't want to be alive anymore. >> were you silence-- silent or silenced? >> the latter. stuart: okay we will take this on at the top of the 10 a.m. hour. nigel calls this of the trail by prince harry and he will go at it later in the show when you will see clips throughout them program. right now, we are talking about money which is a more serious subject. look at the nasdaq. it will be down again this morning, not again, i mean, it was up friday , but down this morning. susan, is the problem with the tech because of the yield on the 10 year treasury up to map 1.6? susan: do you think it's a problem when we came back from 200 points down the premarket

for the nasdaq. we are only down 60 points. >> i should've reworded that because obviously is not a huge tech selloff. susan: not anymore. stuart: i should have rephrased that. susan: friday was such an impressive comeback for the nasdaq. wiped out to half percent losses to rally into the close enough the first time since the global financial crisis 12 years ago that the nasdaq wiped out a drop of two and half percent to my post a near 1% advance showing there still a lot of money coming into the market, which should support stocks despite the rise in treasury yield. goldman sachs is $163 billion of a new money went into etf's last money, that's a lot and also with a monthly nine chilly-- 1.9 trillion stimulus package means of money should continue to flow in one of the largest hedge fund managers in the world said you can't be bearish on stocks and

i think he's probably moving the market this morning. stuart: i think so because he made this comments earlier and now dow jones futures are up 130 points. susan: moving the market more than harry and meghan is. stuart: absolutely. we will get into that later, i promise. keith fitz-gerald is standing by waiting to go on the air. apart from big tech, are we going to see more record highs in the very near future? >> you know, and very near is a tough call, but will we see more highs, you bet we will. we have the trifecta with people like david temper saying look they want to show you by the lapel, there is no more selling or little blasts the night is darkest before dawn and i think that's where we are. all those offboard risk it he left behind. stuart: i think we are at a turning point with the virus, i

mean, 5.3 million vaccinations in america over the weekends versus about 40000 new cases per day, that seems to imply to me that we are on the cusp, one year into the pandemic on the cusp of a major major resurgence in economic activity. the roaring 2021, do you think? >> no question in my mind. once people want to get out and can get out, the game changes, money moves and we will never have a normal like we knew it, but we will have a new normal and that will be great. stuart: we can expect a lot of ups and downs for the general uptrend, is that what we are looking at? >> yes, and it's because the explosion in economic activity will overwhelm the inflationary concerns that have been voiced for the last couple weeks. that was a technical selloff, hedge funds miscalculated how much they could carry, but unite everyone knows

when the economy opens it's going to be a good thing there's no political hijinks needed for that. stuart: did you use the expression that economy will become like a rocket ship this spring, is that your expression? >> i don't know if i created it, but i believe i did. i said it would take off like a rocket. stuart: i believe it's stephen moore that used the expression and he's on the show later. thank you for joining us. i'm glad you two guys a great. how about this, goldman sachs says that some of the money from covid relief, this 1.9 trillion package some will go into the stock market. how much? susan: a majority of this new $1.9 trillion stimulus plan will flow into us stock markets. they are saying $350 billion at least 42021, three times higher than the initial forecast when we started off with the average american household the

largest source of stock buying this year, higher yields are actually not bad for stock markets according to goldman sachs which they have the most favorable backdrop for equity market is when money pours into stocks because real rates are going up in inflation is rising and that's a sign that economy is improving. it's a good indicator we are coming out of covid. stuart: i think the "washington post" has done a study of various families and how much they will receive. a family of four with one person unemployed in massachusetts walks away with $50000, that's extraordinary amount of money and yet some will go into the stock market, guaranteed. how about bitcoin? 51000 right now. you tell me, susan, why has ethereum outperformed bitcoin? susan: ethereum has outperformed

, up 500% where is the bitcoin up over 400%. this was decided recently that the supply of ethereum would be reduced. said to be reduced this summer because of a new set pricing model coming in with a value that could be clearly defined when using in transactions with not a guessing game like now. it's different from bitcoin because of that. bitcoin only has a limited 21 billion bitcoin supply. ethereum doesn't so bitcoin supply is reduced everything for years or so and that's to control inflation and make sure there isn't too much bitcoin supply out there and ethereum is getting on board so this could actually even help i guess spike the ethereum price for their. stuart: it's a good day for crypto as of right now. susan: i think it's a great day for all risk assets. i mean, look at the stock market. stuart: thank you. how about oil.

i believe we have gone to mexico $5 a barrel. we touched a 70 overnight with an attack on an saudi-- back down to $65 a barrel. that still on the upside per gas prices continue to rise with a gallon of regular now averaging $2.77. that is up well over 30 cents in enough. next, the senate has passed the $1.9 trillion bill meaning checks could be in your mailbox soon. we will tell you what you will get it when you will get it. good news, we will have more vaccinations than covid cases. there are still warnings we won't return to normal just yet say the authorities, but that's not stopping stephan morse optimists of as he says that economy is a rocket ship ready for a spring take off and he's on the show. stay with us. "varney & co." is just getting started.

♪♪

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stuart: mixed picture in the markets this morning, but not next. a dow jones will be up about 150 and a nasdaq lost is down about 30 as opposed to over 100 and now are 10 year treasury yield now is 1.58%. disney will open up the california themepark partially, very partial. that's up to .8% with a dow jones stock and it has about 37 points for

the dow jones industrials. boeing on the upside adding about 17 for the dow jones which will open 150 points higher. $1.9 trillion covid relief bill passed the senate and now goes to the house. when do we get the checks? susan: the bill should land on biden's desk of this we can will go out before the end of the month, 1400-dollar checks, $300 in extended unemployment benefits. first 10000 is tax-free. child tax credits of up to as much as 3600 poor children under the age of five and $3000 for children between six and 17. where do you think most of the money will go? deutsche bank says in their latest survey 50% of the stimulus checks that go out to millennial's between 25 and 34 will be reinvested in the stock market. 40% of the stimulus checks going to even younger folks 18 to 24

will also play in stocks stimulus checks clout. seems that money flows back into markets. stuart: i mean, i'm inclined to say only time will tell because i wonder how much will out surely go in the stock market. susan: i would say a lot, don't you think? i think a lot. stuart: i'm not a millennial, susan, as you no caps on not to express an opinion. i have a couple millennial daughters, however. 5.3 million covid vaccinations over the weekend. dr. marc siegel is with us this morning. seems to me like we are at a turning point. more vaccinations than new cases. spring is around the corner, whether changes and we will be out socializing. is like a turning point. what to say you? >> i was about to use the same word. i think there's a turning point and you can see in the blue

state of california where disneyland has finally opened partially they should look at disney world, by the way , for protocol on how to open because disney world has been open for ever and 5.3 million doses given out over the weekend is incredible. 60% of those upper 65 already vaccinated. that means it's the group where you see 80% of the deaths and receive most hospitalizations. hospitalizations are down to my 40000 which is one third of what they were in january. new case numbers down to my 40000 and the death rate has gone down to under a thousand so that it hundred 50, those are huge indicator versus and we to use that to say what is public health, what can we do on the other end to avoid further depression and further loss of jobs , further suicide, people afraid to go to the doctor's office, all of this vaccination has to translate into positive public health messaging on the other

end. stuart: 60% of people over 65 have been vaccinated. i have not seen that statistic. repeated. is that accurate? >> that is going to be this week. by this week 60% of those over the age of 65 and 70% over the age of 75 will have been vaccinated by the end of this week, absolutely. that figure-- those are the vulnerable groups. stuart: you are right, doctor. that's most important. moving on to a covid-19 pill. i believe it's in the preliminary testing stage. it's not a vaccine but a treatment. why are you calling this the holy grail of the pandemic? >> i think it's the holy grail of therapeutics appear, excited about it it's made by ridge back in merck and what i like about it is it's coming out of phase two trials and going into the final

trials now. thousands of people can get it. would like about it? it has not had a lot of side effects and over 200 people studied and also it cuts down the virus. those who took it, over five days none of them after five days, that's right zero had any virus left so it's a pill you might be able to give like tamiflu. you get diagnosed and take the filth and your chances of getting a severe case go way down. by the time the pill that's the market we may already be out of the pandemic, but there will be cases around and it will be a very effective tool if it follows through and the final stages of trial of what we have seen so far, so i am excited about it and i call it the holy grail of therapeutics potentially. stuart: hats off to the medical profession, your new treatments, vaccines and ways to stop us from getting the infection, hats off to you guys. dr. marc siegel, thank

you. for the last year you have taken us through and we appreciate it. that to money with about 10 minutes to go before we open the market and we will be up for the dow jones, slightly higher s&p, it down for the nasdaq, but only about 50 points. big tech, the opening bell is that nephi minutes. alphabet, apple, microsoft on the downside, mixed picture on the big tech this morning. with a live shot of the statue of liberty, we will leave you briefly to make some money in the commercial break and we will return after this. ♪♪

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stuart: monday morning march 8, and in a couple minutes we open the market. up for the dow jones, up for the s&p and ever so slightly lower for the nasdaq, which is coming back nicely. susan, david tepper, major-league investor. what did he just say that moved the markets? susan: i think he turned around futures. he says you cannot be bearish on stocks right now.

selloff and treasury have driven rates higher which is stock market is a bit concerned likely over in his view. we were supposed to get to one and half percent by the end of this year and guess wall street investment banks have been trying to catch up. and now it's 2% by the end of the year so this move in the 10 year yield has been pastor from what most people anticipated, but now has a gotten ahead of itself because where have we seen inflation? have we seen in at one and a half or 2%, people would say no so david thinks it's overdone and this bearishness in the us treasury market and this might be over at least for now. you cannot be bearish when you have another $1.9 trillion in stimulus coming in. stuart: zero, i guess a so. quickly, tesla always interesting. tesla is $604 per share. i think it's time to bring in jeff sica before we open the

markets. vaccines, more widely distributed with states with the restrictions. jeff, you say the best way to play this is to buy online travel stocks make your case. >> if you look at last month you had this theme of hotels, airlines were surging anywhere between 20 and 30%. i think that was a good thing and i could it's a little played out, but what i love with online travel companies is if you look at online travel, leisure travel is coming back with a vengeance as people are booking these sites to travel well into the future and what i can see happening, you have a company like expedia, bookings.com. and tripadvisor, these companies are poised for significant growth. i especially like expedia. it is rare for me too want to buy a stock at an all-time high, but i will tell you that

expedia has an entity called vacation homes rentals by owner which is a direct competitor to air being the and air being the has the market of all that internet travel sites combined in this company that expedia owns is in the single-family vacation home rental with 2 million properties and 190 countries. you will see some significant growth out of expedia while some of the other stocks will take a break. i think expedia is going to hit $200 a share in a short time. stuart: $200 on expedia, currently 166. do you own at that-- at the moment, jeff sica? >> we have been investing in it for a while.

stuart: are you going to buy some more? >> i am absolutely going to buy some or. i think we anticipate buying now that we see as you mentioned before with the nasdaq rally, i believe what david tepper said and i think we will get a bounce back on that. i think the selloff where we got growth stocks selling off to buy value stocks, i think it's overplayed and there's an opportunity. i think expedia will lead the pack. stuart: i tell you one thing, jeff, i just know see the business traveler coming back anytime soon, not in vast numbers. >> that's what keeps me up at night, stuart. it's the business traveler because businesses have found a way to use technology as a money. they saved billions of dollars last year on travel and i don't think they will be that willing to travel, so you are going to see the business travel probably

won't pick up until first or second quarter of next year, which if i were to say where the problem is, it's the business travel. stuart: that's a long way away. second or third quarter of next year. i hear a strange sound in my air. that's probably the bell , but it's raining and now this monday morning we are open for business on wall street. dow jones industrial average up close to my 200 points, 31680. it's a nice rally for the dow jones, first thing on a monday morning. s&p 500, that's also on the upside slightly in the early going, quarter of 1%. nasdaq, the future suggested it would be down and it is down, but only a tiny fraction, .08%. show me big tech. we are expecting a big loss, but we have a

mixed picture with amazon, facebook, microsoft on the up side in google and apple on the downside. i went to see gamestop. there it is. it is surging up 10%. what is with gamestop this morning? susan: ryan cofounder who is now a big gamestop shareholder and now very influential board member. is been the catalyst for the entire gamestop saga starting the wallstreetbets frenzy and he will now lead gamestop digital shift away from brick-and-mortar's. he will chair a new committee to make changes according to bloomberg reported and they are looking to new executives including a new cfo after pushing at the old one to lead a transformation in customer care and e-commerce fulfillment centers. ryan has been looking to make it more relevant and i think people on wall street in particular love this move. stuart: what it means to me is

that there may be some underlying value in gamestop. it's not just a chip in a casino, it has something underneath of it. susan: i hate that term. you know that. yes, there are some fundamental shift in gamestop did the right thing. they raised cash and ryan has been helping make the turn around, so let's see how this goes from brick-and-mortar maybe now two and e-commerce play. stuart: 17% higher as of now. here is a stock that's not your generation, susan. this is my father's generation, talking generally electric, $14 a share. they have a deal with whom? susan: 30 billion-dollar deal to merge aircraft leasing business with ireland's air cabin. the further shrink their ge capital division which is struggling financial arm they have been trying to reduce a sense 2008 and also part

of ge ceo turnaround that's the reason why general electric stock has doubled over the past six months and even morgan stanley calls it a 17-dollar stock now. stuart: let's move on. disney stock is up this morning, 3% higher with news it's going to ease restrictions at disneyland. disneyland will reopen as of april 1. there is going to be huge restrictions on disneyland, but nonetheless it will open up partially and disney stock is 195. susan: did you know also their animated film by the way topped the weekend box office, not much eight half-million dollars, but the fact that it's number one and also part of the reopening scene i think is contributing to the bottom line. stuart: how about target cracks under interested in target. seems to be the darling of the retailers at the

moment, are they expanding? susan: they are and guggenheim says it is a buy worth $200 was up 15%. guggenheim likes what target is doing with same date delivery and pickup driving digital sales which doubled last quarter they expect people to get back into target stores to continue to buy in the website as well. stuart: we have a news item on twitter which has nothing to do with blocking president trop and everything to do with jack dorsey auctioning off his first tweets. is this the artwork you were talking about? susan: the first tweet by jack dorsey from march, 2006, may be worth two and half million dollars that the top bid right now. this was the first ever dorsey tweet, up for sale. if you want to buy this tweet, just setting up my twitter in 2008 and is offered as a crypto collectible.

jack dorsey is a crypto believer with his where payment company adding another 170 million dollars in bitcoin on top of the 50 million about last fall, so 2006, you could get that jack dorsey tweet at two and half million dollars. stuart: and you will know, susan , then i'm not interested in it's. susan: ever? stuart: as you know-- probably not. as you know i am into microsoft and you have news. susan: you could just have it on your computer and block chain-- anyway, back to other technology, microsoft and sales forces being called a buy. i did a double take. goldman sachs says microsoft will get to $315 a piece, almost up with a 40% from current levels.

salesforce worth $315, again i would say that's almost about 40 or 50% up from these levels. the reason is goldman sachs says these are big cloud growth a place and that they are undervalued and their businesses will accelerate purchases of cloud contracts-- contracts in both our competitors not only in cloud, but also chat apps. stuart: do you happen to know the timeframe that they say microsoft will hit 315? susan: twelve month board predictions are probably over the next year or so. that's a lot of upside if he gets to $315. by lunch maybe. stuart: may be so. that's retirement territory. just remember that. that is our coverage of money with the first six

minutes of the opium wall street on a monday morning. i can see some green with the dow jones up 81 points. now this, nearly 50 new york state lawmakers are, and for cuomo to resign or be impeached. he said again i'm not going anywhere, so what happens next? in california, march 17 is the deadline date for the petition to recall governor newsom. the need to million signatures and they are very very close. we had been talking about this for months and it looks like a recall is finally about to happen. we are covering it. ♪♪

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stuart: another upside move when the dow jones. now, we were up 200

points. the gnostic is in the green slightly picked it was down over 100 points or earlier now the nasdaq is up five. 10 year treasury yield is 1.59%. the price of gold this morning, 1688, not showing any response to rising inflation or rising long-term rates. as for bitcoin, earlier it was 51000 and that's where we are now, 51200. the price of oil hit $70 a barrel earlier is the key saudi oil facility was attacked by a iranian drone. there was a scare in the market. we are down to 65. daniel yergin is back with us. daniel is a glutton for punishment. he's the expert on oil and keeps coming back to our show. looks like the mideast is back to where we were

say four years ago with the iranians stirring everything up attacking people left, right and center trying to get the price of oil up. that's what's going on. >> they certainly did it today. the rebel group in yemen said they launched a missile, but either directly or indirectly it is iran with 14 drones in about eight ballistic missiles launched and it was aimed at one of the hearts of the world oil industry a saudi loading port and they managed to push it off this time it didn't have the damage like in 2019, but it shows the degree of tension surrounding the region and world oil. stuart: we have made a big deal this morning about more vaccinations, more opening up inside america. i think that is true in other parts of the world. is this opening up of the world economy again going to push the price of oil sharply higher?

do you see it getting to $100 a barrel? >> i don't unless some sort of cataclysmic thing happens because first of all he was out 7 million barrels a day on the sideline. no question, stuart, one of the main drivers for oil prices is recovery in the prospect of further recovery and wet vaccines are made possible. we show world economic growth this year well over 5% and that means higher oil. stuart: are we going to use the same amount of oil per unit of economic growth as we used to before the pandemic? >> well, i don't think it will happen that quickly, but as we become more efficient with cars and more electric cars on the road, that ratio goes down, but overall i think we will see oil increase because of the growth with emerging markets like india and because of economic

growth in population growth at least until around 2030, but as you say the ratio each drop of oil per unit of gdp will go down somewhat. stuart: is the age of oil albeit gradually coming to an end? >> i think it will be a major energy mix, the world will still use a lot of oil. lets go out 30 years, 2050 and half the cars on the road will still probably be gasoline powered, but oil is now about someone over a third of total world energy, share of total energy will go down. it will share a space with basically electricity will be the big growth. stuart: and how do we create the electricity, how do we generate that electricity is another story. >> yes, we will see the us and certainly see utilities putting in more wind and solar. we will see natural gas.

the loser in this country is. it still a big source of electric generation. stuart: i just want to see more natural gas produced herein exported around the world. daniel, thank you for joining us. come back and see us as soon. the market really has turned around. dow jones up 200, nest egg up 53 points. the biden administration will release migrant families from detention centers within 72 hours of arriving in america. doesn't that encourage more people to try to get across the border? and when they are released, a lot of these migrants are heading to progressive cities like chicago. can they cope? don't they have enough on their plate already? we have a report from chicago coming up next. ♪♪

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i've news on general motors, it's electric hummer suv debuts april 3. it will be unveiled. it's a couple weeks away from the electric hummer. elon musk that worth taking a major hit because tesla stock is around and now $600 a share. susan, how much has he lost? susan: last week he lost $300 billion. he still worth hundreds $57 billion. 20 billion behind a so-so elon musk number two richest on planet earth and we have tesla recovering today after closing friday below $600, for the first time in three months. elon musk wealth peaked at 210 billion last year -- actually earlier this year which was one of the fastest rates of wealth creation in history according to

blurting-- bloomberg. stuart: tell me about tesla helping texas electric grid. susan: fascinating story. it's a secret project according to bloomberg reporting. tesla is plugging a secret mega baddie-- battery into the power grid. is the first time it's jumped into the epicenter of the us energy economy. it's a battery located just out of houston and it will connect to the same grid and backup to the same grid that broke down during february's freeze. apparently it's been registered and built by a tesla subsidiary. bloomberg only made the connection because they check the facility address which is the same as tesla. there is vested interest for tesla as they are building their new cyber truck with the 2 billion-dollar factory opened in austin and production plants were

affected by the power outage. elon musk said we can do it better, let's do it ourselves. stuart: fascinating. good story. we have a tech startup on the program. the startup name is ample and they say they can recharge an electric car and 10 minutes. tevi tillemann, let me make sure i have this right. i drive up to you guys in my electric car, i park and you take my old battery out and you put in a new fully charged battery. i pay you a cn drive away. that seems to be different recharging the system from plugging it into my garage. do i have it right? >> that is spot on it takes about 10 minutes of money and the year it will take five minutes and it's to provide a cheaper, better more convenient mode for consumers to charge their electric video calls. stuart: have you got charging

stations anywhere in the country where i can get this done? >> yes, we have five stations deployed in the bay area today and they are serving seen a fleet of uber drivers who are using these ample enabled vehicles. stuart: that's really different, i mean, you think this is the way the market should be going in the future as opposed to plugging in in the garage? >> it's a question of convenience and i think we will need a lot of different charging options for electric vehicles, but today if you want to charge your electric car it takes at least 30 minutes. if you want a full charge you are talking about two hours. we can charge your vehicle faster because we separate that into two processes. first, we charge and then the battery into the electric vehicle. that delivers a more seamless experience. stuart: so, there is-- you have

the advantage of time here and convenience. is there any difference in price? >> cheaper than gasoline and the point is to really provide no compromise solution for consumers. we don't want them to have to think i would love to have this electric car, but i don't want to sit around for an hour while it's charging, so it's a bit cheaper than gasoline took it's much faster than charging and we are trying to give you the best of both worlds. stuart: i think it's fascinating. tevi tillemann, i'm astonished at this market. thank you for joining us. come back and tell us how it's going. thank you. big show still ahead this monday morning. look who's coming along, dennis gartman, nigel will be talking about making and harry, sandra smith, maybe she will talk about meghan and

harry. tomi lahren will not be talking about meghan and harry and in a couple of minutes you'll get "my take" on harry and meghan and that's next. ♪♪ your daily dashboard from fidelity -- a visual snapshot of your investments, key portfolio events, all in one place. because when it's decision time, you need decision tech. only from fidelity. . . . but they can't be held back. they want to be set free.

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♪. stuart: everybody, it is only, two seconds it will be 10:00 on the button here on the east coast. straight to your money because we do have some green on monday morning. the dow is up 165. it was up 500 points on friday. a rally for the dow stocks at least. big tech is coming back just a little. let's have a look-see, not much of a comeback. amazon up, alphabet, microsoft, facebook, apple are on the downside. 10-year treasury yield very important these days. it is back up to 1.06%. that is why big tech is in a little bit of retreat there. big tech does not do well when

long-term interest rates are rising and they are rising right now. and now this. i frequently asked about harry and meghan. i guess it is because i still have something of a british accent. so what do i think? i think it is 21st century royal soap opera. high-end family trouble on tv, updated for the 21st century. race, sex, bullying inequality, throw it all in there to get the rates up. politics is part of it too. the left supports meghan the victim. the brits are rallying around the queen. when american network gets big money to air criticisms of the roll family on tv from california, megan and harry are not popular. americans simply cannot understand why royals are so special. the brits do not understand why

americans do not understand what's special about royalty. there is a fatal attraction about it awe, isn't there? you know it is just gossip. because it involve as queen, a prince, a duchess, the rest of the royal family it is somehow entertaining? i have no doubt that oprah's interview will attracted tens of millions of viewers. i was not one of them. i did not watch. i don't find soap opera interesting. the second hour of "varney & company" is about to begin. ♪. stuart: i want to bring in stephen moore who halls nothing i don't think, about meghan and harry. i would be surprised if he does. he may want to start out with meghan and harry he may do but i have bigger first quarter to fry. i'm quoting you, you think this

economy will take off like a rocket ship this spring. make your case because we love to hear this. >> stuart, let me start out i think americans are more fascinated with the british royalty than the brits are. we can't get enough of it. stuart: you're right. that is true. >> look, this economy is a rocket ship. i, i'm in florida right now as we speak and the hotels are open, the restaurants are open, the beaches are open. people are bustling around the activity is amazing here. i was in the charlotte airport over the weekend, stuart, one of the major hubs for american airlines. you could barely get through the corridors of the terminals in that airport. people are getting out again. you see a spring in the step of the economy that i haven't seen for almost a year now, stuart. so, yeah, i think we're at the start of something really big. i think we'll see starting, well, already started. we got the blockbuster jobs report that came out on friday which by the way congress completely ignored and plowed

through this $1.9 trillion spending bill which they actually drafted back in july when the economy was a lot different than it is today. i think despite the best efforts of congress to derail this economy, i think you will see a really strong second half of the year with maybe five or 6% growth which would be fantastic. we have to get the blue states open, stuart, we have to get the vaccine out there distributed as quickly as possible. then i think we're looking really good the rest of the year. stuart: there is one thing in the $1.9 trillion package i don't think either of us likes or approves up, which may help the economy. that is the $350 billion that goes to the states to bail them out essentially. they do need this bailout in many respects and i think it will be good for the economy even though you and i might not like it. what say you? >> stuart, stuart, come on. that is the worst feature of this bill.

i met with ron desantis, the governor here in florida over the weekend and he said it very well. why are we going to penalize states that did it right, states like florida and utah. stuart: i agree. but it is good for the overall economy. >> no it isn't, no it isn't, no, no. stuart: ron desantis is right but it is good for the overall economy, isn't it? >> even blue states are starting to see recovery. economics, stuart, is all about incentives. when you incentivize bad behavior like governors like cuomo your governor in new york or governors murphy in new jersey or my home state governor of pritzker who has been in i will who is a disaster on newsom out in california you reward bad behavior. this is really important for the listeners to understand. you heard it first in the stuart varney any show. in two or three months as we see the economy bursting with new activity and businesses starting

to reopen, you will see help-wanted signs all over the country because we're paying workers for the next six months not to work. so it will be this weird thing. we'll have a lot of unemployed workers, a lot of job openings, but the workers will actually lose money, stuart, if they go back on the job because they're getting so much in unemployment insurance system. we two out of three workers will lose money going back to work in the economy. stuart: thank you, stephen. >> thank you, stuart. stuart: the nasdaq is headed south again. it is off about 50 points. let's bring in our markets guy of the monday morning. that will be dennis gartman. all right, dennis, you think basically stocks are overvalued and you don't want them. have i accurately portrayed your

position? >> you're accurate. i really don't like high-tech. i like the things, heard me say this for months and months in the past i want to own things that if i drop them on my foot will hurt. i want to own ball behrings, i want to own car, i want to own trains and ships and steel. you can have high-tech for me. people laughed for months and months taking that position. look what happened. the past three or four months we had the value stocks, the things that if you dropped them on your foot are up 40, 60, 80, 100, 120% in some instances. tech, cathie wood's group are down eight or 9%, from the highs down 25, 30%. depends on which area of the market you look at. i still like things that if you drop them on your foot will hurt. i still don't like high-tech. right now that is the proper place to be. stuart: should i sell? been on the air for long enough. i got some microsoft. should i sell it?

>> yeah. depends what your time frame is. given the fact you and i are over 70 years old, i don't think i want to own microsoft. i would rather own dividend-paying stocks have potential to them over the course of the next several years. i would rather still own the basic things of business rather than the high-tech. so, if i were you, i would be less exposed to microsoft. i would be less exposed to nvidia. i would be less exposed to tesla. i would be more exposed to goodyear tire, ge, u.s. steel, those sorts of things. we shall see. time will tell. right now i'm right. we'll see if that continues. stuart: goodyear, goodyear tire and rubber was the very first stock that i bought and i bought it almost 50 years ago. i sold it it, maybe 40 years ago for a profit but that was my very, very first stock. i never thought i would see the day when dennis gartman says you should buy more goodyear tire and rubber. i will think about it.

i'm sorry i'm out of time. i'm a bit short. we'll get you back real soon. >> see you next week. stuart: we heard from dennis about cathie wood, yet she is the star fund manager. we've been featuring her on this show for sometime. susan, her holdings are taking a hit. how bad is it? susan: we were down as much as 25% the past three weeks. the worst performance in a year for cathie wood, the star fund manager of the moment. some of her biggest etf, some of the largest holdings in those etfs are some sliding the most. we talk about tesla which has been hammered. sore some it fell below or closed on friday. teledoc, part of her major holdings all have been tumbling. that is scaring investors who have been redeeming, what we call redemption you take money out of these funds, from her etf, over 1.8 billion up until the week monday last week. however, despite the flight we've seen in her etfs, in the

stock market, she actually had half a billion dollars come into her funds last week. at that taking the total amount of money cathie wood is managing up to $60 billion. short interest, they are betting her flagship ark etf will fall 5%. there are a lot of people believing in cathie wood. she returned 100% over the past year. stuart: you may have had a lot to do with bringing mon into cathie wood funds. susan: no. she is the fund manager of the moment. everyone watches what she buys, what she sells, she is probably the star fund manager since bill gross, wouldn't you say? stuart: sounds like it. susan: there is so much attention in other money moves. like gospel. stuart: gospel. the dow is up 270, 260, there have about to be big movers. how about sales force and microsoft? susan: were you surprised dennis

gartman you said 70 years old, close to retirement, should not hold microsoft this is cash flow positive, pretty conservative i would say stable stock. goldman sachs thinks so as well. calling both sales force and mike softer conviction buys this morning. both worth $315 in their view. that's a lot of money from here, up what, 40% each from the current levels we're trading at? stuart: yeah. i'm not selling susan. if goldman says i can get $315 per share in microsoft -- susan: 12 months time. stuart: i will hold on. susan: can i quickly go through disney as well. i want to show you what disney is doing, that is impressive. walt disney is rallying back on opening of disneyland, their animated films, ria the dragon topping the box office. viacom cbs. this owns cbs which has the interview of the weekend, of the

week, the year so far and it did hit a record high. they paid 7 million-dollar for that oprah winfrey interview with meghan and harry. some say the winner is oprah winfrey. bagged the interview, making 7 million. can you imagine residuals around the world of broadcast rights? i think biggest loser harry. stuart: public opinion, probably. i don't think we have yet seen the ratings. i don't know how many people tuned in for oprah's interview. susan: it will be huge, do you think? stuart: tens of millions, got to be. everybody is talking about it this morning. i'm trying to avoid it. but everybody is talking about it. susan: i want to talk more about it. of course i did. stuart: did you watch it? susan: i tried not to, because i thought there was so much hype going into it. when you read social media that is all anybody was tweeting

about last night. i have to tune into this. i caught the last hour. i was a little shocked by some of the accusations but i just thought in my mind the biggest loser in all of this is prince harry. the fact he had to walk away from his family, everything he has his entire life, to start the new life in california, he is probably the biggest loser. how do you mend the ties saying on global tv? stuart: you don't. >> that is pretty hurtful stuff. stuart: he is done. we'll find out what the brits are thinking about all of this. i tell you now they're furious at at harry and the duchess. susan: yeah. stuart: but we've got nigel farage is on the show a bit later. susan: can't wait. stuart: want to hear outrage, tune in for nigel farage. i have a rhetorical question here. how much would you pay to own the very first tweet ever? the latest bid is in the millions. we have details for you just ahead. the tweet is on your screen.

here we go, harry and meghan, did you watch the big interview. no i did not. nigel farage did. he is outraged. he sounds off ahead. i'm asking the question, do teachers even want to go back to in-school teaching? doesn't look like it. their latest excuse to stay out of the classroom will be reveald after this. ♪. hooh. that spin class was brutal. well you can try using the buick's massaging seat. oohh yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. pick something we all like. ok. hold on.

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i'm talking about serious volatility today. there is the nasdaq losers headed by baidu, which is down nearly 4%. just getting this crossing to us, new york city, the mayor thereof, his name is bill de blasio, he says high school students in this city, new york, will return to the classroom on march 22nd. no further details at this stage but high schoolers, new york, going back before the end of this month. look who is here, naomi riley, education expert, frequently writes on education, joins us on the show. naomi, new york city high schoolers going back before the end of the month. i would have call that progress, no? >> it is great news and it is about time. we talked for months now how private schools have successfully opened with minimal transmission to both teachers and students and what have they been waiting for? finally de blasio i guess is putting his foot down. we'll see what the reaction is

from the unions. i assume he wouldn't have announced this unless he had some kind of agreement but who knows how much money he is offering in order to do this. stuart: is that what it takes? >> in california it took $6 million. i mean, to do their jobs, right? stuart: it seems to me, the union, the teachers union really doesn't want to go back into the classroom and is using the go-back movement or go back pressure as a way of getting more money out of the authorities. i think they have lost the public, naomi, totally? >> i think that they have lost a lot of the public including a lot of progress serves and liberals. that is interesting, you get stories out of montclair, new jersey, brooklyn, massachusetts, suburbs of philadelphia, places overwhelmingly for democrats, liberals, these parents are fed up with having their kids at home every day. the latest situation a lot of school systems say even though we have prioritized teachers,

given them the vaccines which don't know which teachers have been actually vaccinated because that matter is confidential. they're playing games with us at this point. stuart: take me down the road. say for the sake of argument, just two years, two years from now, what will our public education system look like? >> well, i think it is going to be a lot smaller. i think parents who can afford to have left. they will realize this system is not suiting their needs. i think a lot of state legislatures around the country saying time for money to follow students, not to follow keep in public schools. and so i think you're going to get a lot of parents who can afford to leave, the problem is, as always the kids who can at least afford this terrible education and these ridiculous games teachers unions are playing, they are the kids that will be stuck in the system. stuart: president biden is stuck in his relationship with the teachers union. he will not want anymore charter

schools. he will oppose private education. you have got the administration fighting the trend that is now emerging. >> absolutely. by the way this is actually a move further to the left than barack obama who by the way supported charter schools in a lot of cases. so the idea that the democrat party is getting pulled even further to the left bit teachers union, they're really calling the shots. the cdc is following the teachers union lead instead of following science. i think this will hurt them. you will lose a lot of those suburban moms, you know, who went over to biden in the last election. just on the basis how poorly schools have done. stuart: yeah. wait until we find out what they're teaching the kids in the public schools. that is another story. >> oh, yeah. stuart: i know you want to get into it. i don't have time for it right now. naomi riley, thanks for joining us. >> thanks, stuart. stuart: at the top of the show

this morning, 9:00 eastern we came right out with it, look, covid vaccinations hit a new record this weekend. ashley is back with us. he has been away for a week. he got his suntan back again. he is back today. tell me about the number of jabs in the weekend. ashley: it is on the bottom of the screen. 5.3 million americans got a jab in the arm. that is a big number. according to the cdc, one in five adults received one vaccine dose. one in 10 received both doses. moderna and pfizer vaccines require two injections but the newly approved j and j, johnson & johnson vaccine requires just one. the biden administration more than two million shots a day on average are now being given. that is double the average when the vaccine program first began. we are picking up pace and we are making up a lot of ground,

stu. stuart: here is one more for you, ashley, the state department of all people, the state department, is revealing the culprit of what is called vaccine disinformation on line, who is doing it? ashley: those dastardly russian intelligence agencies are mounting a campaign to you know mine confidence in pfizer and other western vaccines. the state department identified four publications that serve as they say as a front for russian intelligence. the websites in question play up the vaccines risk of side-effects and question their efficacy, adding that the u.s. rushed the pfizer vaccine through the approval process. now u.s. officials also say that russian state media and russian government twitter accounts also raising concerns about the cost and safety of the pfizer vaccine, all to undermine confidence, shockingly stu, the kremlin denies all of the

accusations. stuart: sarcasm is a low form of wit but when correctly employed it is good. well-done, ash. that worked. ashley: thank you very much. my pleasure. stuart: you're welcome, my son, you're welcome. the deadline is discuss a couple days away for the petition to recall governor newsom in california. we'll tell you how many signatures they have got. believe me, they're real close to the number they think they need. meanwhile here on the east coast two more women accused new york governor cuomo of sexual harrassment. cuomo is digging in his heels. he says he is not going anywhere? what happens next? we're on it for you. ♪. this is decision tech.

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♪. stuart: well, look at that dow jones industrial average. now it's up over 300 points. that is better than 1%. plenty of green the left-hand side of your screen but apple, i believe it's still on the downside. it may have turned around in the has couple seconds. i think it is down. it is taking about 17 points off the dow industrials. probably more than that by now. apple is down 2%. we'll get the story for you in a second. i don't know why it is down.

it is below 120. that is apple. the senate passed a $1.9 trillion covid relief package. it heads to the house for final approval. congresswoman, lisa mcclain, republican from michigan joins us now. congresswoman, you vote on the bill tomorrow, that is the time table. there is nothing you can do to change it significantly, is there? >> there is nothing we can do in the minority but educate people how progressive and horrible this bill is. that is about the best we can do and hope some of the democrats wake up because they're in purple seats and know that if they vote for this bill, they might have a real tough time getting reelected come two years from now. stuart: congresswoman, apart from all the pork, we've been listing all the pork in there for sometime, apart from that what do you is the worst thing about this $1.9 trillion package? >> the worst thing about it, is

it is not necessary. we already have one trillion dollars from the last covid relief bill that we haven't spent. why are we borrowing more money on the backs of our kids and children and grandchildren when we haven't spent the last trillion? that is the worst thing about this. people don't understand. stuart: i'm sorry to interrupt you, ma'am, i really do apologize, congresswoman, but i tell you why we're going to be spending all this money. because it is buying votes. the democrats, presidential campaign promised that you would get the money. you know, they went down to georgia saying you will get the money, vote for us you will get the money. they have got to fulfill that promise. that is exactly what they're doing. >> it is nothing more than a pelosi payoff and a biden payoff bill, 100%. on the backs of every american.

so think about this for a second. if this bill passes, that is $5500, for every man, woman, child, that they are going to be saddle did with. every man, woman, child, $5500. is it really worth it? no? is the answer. stuart: fair point. fair point. congresswoman, i'm sorry i'm out of time. i am glad you got to appear on the show that you got to tell us what you think of this thing and what's wrong with it. come back again. we're interested. >> i would love to. stuart: thanks for joining us, lisa mcclain, republican michigan. thanks for being here, congresswoman. >> thank you. stuart: overnight i was up and about watching the markets and the price of oil went to $70 a barrel. after an iranian drone attacked saudi oil facilities, at least one saudi facility. it is back down to 65 bucks a barrel right now, but susan, what more do we know about the attack? susan: there is good news, no

loss of life and injury, which is always good news especially in missile attack. saudi aramco, petroleum tank farm was attacked by a drone and ballistic missile strike. west texas oil, prices spiked up to almost $68. that is the highest in 2 1/2 years. north sea brent went up to $71 and change that is the highest for brent crude. goldman sachs is predicting $72 a barrel for west texas at some point. you would think that would jack up prices for the drivers at the pump in the future. stuart: this is for you, susan. this reminds me of meghan and harry but it is not the same. susan: how does that remind you of meghan and harry? stuart: wait, let me tell you the story. mckenzie scott, jeff bezos' ex, got married. spell it out,.

susan: you will explain how this reminds you of meghan and harry? she married a school teacher at a private school. she is one of the two richest women in the planet. she marid dan. >> wet. she is at last count worth over $53 billion according to bloomberg this morning. she, most of that wealth coming from the 4% of amazon stock that she received in her divorce with jeff bezos back in 2019. your turn. stuart: no, there, my turn? there is no relationship between meghan and harry and jeff bezos' ex and the science teacher. i'm not implying. susan: but isn't that a nice story though? she can find love afterwards? i think it is really lovely. stuart: i think it's a great story. yeah. i would be interested in telling her how to you know, hand out $50 billion. that is very interesting.

susan: it is her money. let her decide what she wants to do with it. stuart: i'm sure she will. susan, the dow is up 400 points. not a bad gain. stocks are at session highs including the nasdaq, getting close back to 13,000. put this on your screen, please. this is, i believe, the first-ever tweet, the first-ever by the way, that's it. and it's up for sale and the latest bid is in the millions of dollars. details on that in discuss a moment. first though, the situation at our southern border rapidly deteriorating. we have a live report from the mexican side of the border which is truly chaotic, yes, whether they say it or not it is a crisis folks. we'll describe it after this. ♪

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♪. stuart: quick look at the markets. excuse me, quick look at the markets. green all over. take a look at gamestop please. that stock is on the upside again. $158 a share right now, up 15 bucks. ryan cohen, who made his money in chewy, put a lot of that money into gamestop. he wants to transform it to the digital. that is what he says. maybe there is underlying value in gamestop. it us is up today, 15%. change of subject, looking at a migrant camp used to house migrants before it closed down. fox's griff jenkins is at the camp in matamoras, mexico, just across the river from

brownsvillle. you got to look inside. what is it like? reporter: they're cleaning it, stuart. they shut it down 24 hours ago. we have a drone along the rio grande river. if we put the drone shot for your viewers, take it over, you see the encampment in matamoras. right along the river it has been open for 24 hours for two years. many migrants stuck there, while their asylum claims played out. what you're seeing now is the tash and debris and filthy conditions that "doctors without borders" called inhumane, that they lived in, but as you can get this sort of aerial view, you can see the crisis that was on this side of the border for those that thought they had a credible asylum. remember under the trump ad min station they had to remain in mexico. most of the nearly 800 were told that were in here 24 hours ago, have been let over into mexico.

some did not make it. one of those migrants named mario, from honduras has been waiting here in matamoros not al how to cross. he believes the biden administration will be more favorable to his case. here is what he had to say. take a listen. >> the president of the united states, biden, tell the people, it is not just here you know, we don't have nowhere to stay. you know. no have no money. have nothing here. reporter: stuart, the 800 or so that crossed over were mostly caught and released to that bus station just across the river, a few blocks away in brownsville where they were testing last week t was 108. now the new numbers show the city of brownsvillle had 185 migrants out of 1053 tested positive for covid. the city unable to retain them from traveling elsewhere in the

country, to wherever they might be going but right now, you mentioned it is a crisis but the administration will not call it that. remember, under the obama-biden administration, then dhs secretary jeh johnson said anything over 1000 crossing ports of entry is a crisis. guess what? just this sector alone, rgv across the river, they're averaging 1500, 2,000 a day, the congressman henry cuellar said they had 10,000 crossing. we're waiting overall national numbers from february, released from dhs released, we're told could be 100,000 range, numbers we're told haven't been seen in a very long time. stuart: good lord. griff jenkins, it's a crisis, any way you slice it. ken cuccinelli was acting director of citizenship

migration services under president trump. he will join us in the in ex-hour. it's a crisis, folks. let's check the markets. the dow is up over 400 points. that is a gain. tell us the movers, susan. susan: today we're up again, likely to get another $14 billion in the stimulus package. american airlines also making the announcement they are raising 2 1/2 billion dollars in new bond offerings as well. might as well shore up the balance sheet while you have the stock price up. apple, you mentioned this earlier, why it is down about 2%. we actually don't know but this might be part of a momentum selloff we've been seeing. apple is trading below, when we went down below 118 and change, below the moving average. this is technical for chartists. once you go below the certain level then that cascade effect happens especially hi in the world of computer driven algorithms. when they read that. check in zoom and other momentum

selloffs and nvidia. these two stocks have done well the past year, right, stu? this might be money and froth coming out of particular plays, what they call value, those underperformed like the travel stocks, airlines, cruise lines and yes energy plays which have been the best performing so far this year. stuart: clearly some migration out of big tech. see it in apple. susan: zoom, falling below 320 which i have not seen in quite a while. stuart: yeah. that is a big deal. you got it right. zoom, 334 as we speak. okay, you got this story, susan. it is about jack dorsey's very first tweet. susan: yes. stuart: i know it's up for sale. susan: yes. stuart: i know it will be for millions of dollars but can you tell me what it actually is? is it a piece of paper? susan: no. it is not a piece of paper. i will try to explain it and fire away any questions you might have or what you think the viewers might still have questions of. it will be worth 2 1/2 million dollars. the top bid so far in this

auction this is the original tweet from march 2006, first-ever dorsey tweet. it's a collectible. here he is, just setting up my twitter. he is putting it up for sale. he is offering as a crypto collectible or non-fungible tokens, nfts for short. that is based on blockchain which is the technology that underlies bitcoin, ethereum and the like. dorsey a crypto believer. instead of holding it on a artwork on your walls this, crypto art you store in technology somewhere in the ether, the computer system so you have it forever. dorsey a bitcoin crypto believer. his square payments company added $170 million worth of bitcoin, on top of 50 million he bought in the fall. he is early adoptter and made a lot of money doing that. stuart: you made your point. i just don't understand, if i paid a couple million dollars for this thing what do i actually get? susan: you get the tweet.

stuart: what can i touch with? susan: it doesn't matter if it is physical or technology, if it is stored somewhere. only you can access, is there a difference between a house and say a file? they're both the same thing. stuart: to me there is. yeah, if i paid 2 1/2 million dollars for a painting i can see it on the wall. if i pay 2 1/2 million dollars for a tweet i have to get on the computer, show my friends on computer. look what i bought. susan: isn't that the same thing holding gold or bitcoin? you have something physical you want to dig up in your backyard or something on your computer. stuart: i do. i if i am paying millions of dollars i want something tangible, something solid in my hands. >> generational difference i think. stuart: stand by, you will talk about mailing began meghan and harry. prince harry and meghan markle

made bold claims to oprah in the interview. here is a bit of it. >> they were willing to lie to protect other members of the family but they weren't willing to tell the truth to protect me and my husband. stuart: accusation of lying. what about that? nigel farage has been watching this. let me tell you, nigel is outraged. nigel is here outrage and all after this. ♪. cell phone repair. did you know liberty mutual customizes your car insurance so you only pay for what you need? 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.

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may have insulin resistance. to learn how to reverse insulin resistance and lose weight effectively, go online to golo.com. once again, that's golo.com. >> given security, not going to be given a title and also concerns and conversations about how dark his skin might be when he's born. they were willing to lie to protect other members of the family but they weren't willing to tell the truth to protect me and my husband. i just doesn't want to be alive anymore. >> were you silent or silenced? >> the latter. stuart: all right. there you have it, meghan and harry's interview with oprah. nigel farage joins us. if i'm not mistaken, nigel, the brits are really furious about this. have at it.

>> absolutely. i mean look, you know, fox of course covered the royal wedding a few years ago when it took place. i was there helping t was a fairytale wedding. meghan was welcomed with open arms, not just by the royal family, not just by the british media but by the british public. there was no question about that and you know, she was going around the country. people were cheering, we love you. the criticism started when harry and meghan started lecturing all of us about climate change and carbon emissions yet were flying around the world in private jets. they seemed to think they were somehow above all forms of criticism. you have to ask yourself a question, why was oprah winfrey at their wedding, they had only met briefly once before and frankly, honest with you, i think she planned from the start to use the princess title as a means of making it big in hollywood and everything i saw last night confirmed that. we are absolutely furious that

our royal family after 70 years, of going around the world, supporting a commonwealth with over two billion people in it, most of whom are asian or black, the inference that our royal family is somehow racist is making people, very, very angry indeed. stuart: well, after this where to from here? i mean i take it harry has burnt his boats entirely. he can never go back, never be part of the family again? is that where we're going here? >> well it was those that watched "the crown," i know many in america have, remember this of course happened before with wallace simpson, and henry the 8th, lived in exile. never, even though they were treated pretty harshly, never once speak against the monarchy, against the crown. whatever my thoughts on meghan markle are, frankly for prince

harry to betray his own family in public like this is despicable. i don't see any way back whatsoever and i think that the british public will demand that they are stripped their titles i honestly do. stuart: did you see this coming, nigel? >> sadly, yes. i noticed very early on the hypocrisy i mentioned earlier but secondly she couldn't keep staff for very long. that always says something. you know when you can't keep, whether it is chauffeurs or maids, whatever it is, i saw that signal there. harry, look, the poor boy had a difficult upbringing, his mother dying so publicly, it was an awful thing for him to go through. i think he has been left rather weak as a result of it, but he held very senior military positions in this country and he has given it all up to go live in hollywood with her because she wants to be a rich star. i'm sorry to say, that the signs were there very early on.

stuart: nigel, we're going to wrap it up right there. another dynamite interview from nigel farage, all good stuff. thanks for joining us. see you again real soon. thank you, nigel. we have a big hour still to come. how about this? sandra smith, ken cuccinelli, tomi lahren and california guy tom del beccaro. plus more than five million americans got the jab just this weekend. that is good news. i say it is a turning point. that will be the subject of my take at the top of this coming hour. ♪. at fidelity, you get personalized wealth planning and unmatched overall value. together with a dedicated advisor, you'll make a plan that can adjust as your life changes, with access to tax-smart investing strategies that help you keep more of what you earn.

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cars, trains, ships, i want to own steel. ♪ who run the world? ♪ girls ♪♪ stuart: all right. whee we're playing that -- why we're playing that song, it is international women's day on on this monday, march the 8th. look at that, bottom right-hand corner of the screen, the dow's up 467 points. if you add that to friday's 500-point gain, you're looking at a gain of over 1,000 points real, real fast. and we have the nasdaq up 43 and the s&p is up 34. show me the yield on the 10-year treasury. we've reached 1.60%. it'sing with ignored by the market. now this. over the weekend 5.3 million people were vaccinatedded in the

united states. that is a new highment at the same time, the number of new cases continues to decline. the number of daily vaccinations now exceeds daily new cases. it is monday, march the 8th. spring begins in 13tys, and -- days, and you know what that means, animal spirits raging as the weather improves. the urge to get out, open up and socialize is upon us. you know, it's very hard to suppress the natural inclinations of youngsters on spring break to get together. in short, we are right at a turning point from lockdown to open up, from anxiety to increasing confidence. and, you know, it's about time. i think it's true to say that the country is fed up with teachers who won't teach, fed up with lockdown officials who flout their own rules and fed up with ever-changing guidelines. did you know that it was a year ago that dr. fauci was saying americans don't need to wear masks? look, there's no going back.

the public won't have it. it's hard to imagine a full-scale, stay at home lockdown being reimposed. can't see it. we will, obvious, be warned about the dangers of a new variant, warned about the dangers of socializing again, but vaccines, the coming of spring, lockdown fatigue, the brave leadership of republican states, all of it combines to push us forward towards a vibrant, open for business future. the turning point has arrived. and the third hour of "varney & company"ing is about to begin. ♪ ♪ stuart: well, top of the 11:00 hour, look whos' here. that there is sandra smith from fox news. sandra: i thought you were talking about me, i have arrived. i'm on "varney & company." [laughter] good morning. stuart: well, in a funny sort of way maybe, yes. now, wait, i'm going to talk

about maine hand and harry -- meghan and harry in just a moment. i know you're itching to get at it. instead i'm going to start with america, open for business. sandra: yeah. stuart: spring is coming. i think we're at a turning point. i think things are really going to take off in the very near future. what say you? sandra: i greetly agree with you. and america -- completely agree with you. america needs to hear that story. separated from family members, and now this new cdc guy lance, i think, brings a lot of americans hope. hope for people all over the world rae, stuart, to now say the cdc says the science says those who have been sack city nateed can now visit with people who are not at high risk for the virus with their masks off,s this is just a sign perhaps, stuart, that we are inching back to normal. i don't know what that new normal looks like. i think you're always going to have a certain level of hesitancy and people who are still scared of the virus. of course that's going to continue. but we need some sense that once

you're vaccinated, you can get back to living your life, stuart. and i gotta tell you, driving into new york city you're starting to see more cars, traffic seems to be building, more companies talking about bringing people back to work. so i'll agree with you on that one, stuart. you do see hope out there that as the weather improves, the sun comes out that perhaps life is returning to some sort of normal. stuart: i really can't wait. all right, now, wait for it, now, meghan and harry, okay? sandra: yes, sir. stuart: they shocked the world during their interview with oprah last night. i want to share this with our audience. listen to what they said about the royal family and their son archie. roll tape. >> he won't be given security, not going to be given a title, and also concerns and conversations about how dark his skin might be when he's born. they were willing to lie to protect other members of the family, but they weren't willing

to tell the truth to protect me and my his. >> i was trapped, but i didn't know i was trapped. my father and my brother, they are trapped. stuart: sandra, you covered the royal wedding. i distinctly remember you were over in london covering that wedding and thousand this. your impression, please. sandra: let me just tell you, the people there, stuart -- and i believe i talked to you about it when i returned from windsor and watched that wedding. to watch the people there in support for harry and meghan, there were signs up outside. i was talking to those ladies, they were americans visiting there. they loved the idea of harry and meghan. there was so much support for them. i look back at that day as such a bright, happy day of celebration. i really do, stuart. so i don't really know how this has all happened the past couple of years. i understand the intense scrutiny that she has gone under marrying into the royal family, but there's no way she didn't know that getting into it. and i just think when i watched

that interview last night, which i'm sure you did as well, stuart, i thought what a missed opportunity. here we are celebrating women's day, right? this was, these were two strong women who sat down together. there was such an opportunity to talk to meghan markle as a wife, as a mother, as a daughter, as a girlfriend to so many, to talk to her and portray strength. and what she's doing now for her son, for her his, for their family. and it seems to me that it was a missed opportunity. it really looked back more than it did look forward, stuart. stuart: she came across, the duchess of sussex, came across essentially as a victim. just a victim, case closed, a victim. and by the way, sandra, i did not watch it. i don't like soap opera, especially royal soap opera, so i didn't watch. there you have it. sandra: i did just for you, stuart. [laughter] just so i could be right here -- stuart: you watched it so i didn't have to. thank you very much, indeed,

sandra smith. see you again soon? >> sandra: absolutely. stuart: left-hand side of your screen, that's a lot of green especially for the dow. it's up 432 points. susan, you're watching gamestop today? susan: yeah. take a look at the double-digit moves, up 26%. yeah, and the reason is ryan cohen, the chewy cofounder, now a big gamestop shareholder and a board member. the entire gamestop saga this year, you'll now shift away from bricks and mortars. can cohen will chair a new committee looking to hire new executives, and that does include a new cfo in order to lead this transformation in customer care and e-commerce fulfillment centers at gamestops away from bricks and mortars, which is a good thing. also goldman sachs, if we could show you salesforce, we had a jump of 2%, almost 3%, and microsoft part of the conviction

buy list, and they're adding the two cloud plays because they both are worth $315 each and maybe undervalued especially with the upcoming acceleration in more cloud purchases by companies. also financials are back up today, and we know that financials do well in the recovering u.s. economy with higher yields, to they can make more money giving out loans. and finally, value has outperformed growth by ten percentage points this year on the s&p 500. ten percentage points. we're only in march, and boeing is getting a lot of, a lot of lift and bids as far as its value play. stuart: yeah. and the dow is now up 450 points. if you join that to the 500 of last friday, you're looking at a very significant rally in, what, 36 hours, i guess, of trading. of. susan: yeah. stuart: all right, susan. show me the vaccine makers. we've got news breaking as we speak. ashley, the cdc, did they just -- i think they did, just released new guidelines.

go through them for me, please. ashley: they did. and sandra smith kind of ai lewded to that in her -- aruledded to that in her conversation. cdc basically says fully vaccinated people, those who have had the two shots, can gather in groups now without masks. they can also do that with people who are considered low risk for the virus. but they say they should, those fully vaccinated people should wear masks and socially distance in public. in other words, it's not a throw off your mask and just go about your life normally, but certainly this is a very encouraging sign, indeed. and, by the way, you are not considered fully vaccinated until two weeks after you receive the second dose of that vaccine. once you've had that, you can gather with others in small groups without the masks, but they say please take precautions. and don't forget, people who have been vaccinated still can get the virus, but it's more

likely they're to pass it on to to somebody else, and especially if they're vulnerable, that is not a good situation. but the door is opening, and we can see a little bit of light now with this news from the cdc. stuart: yes. and spring is two weeks away, and that's going to make a difference too. ashley: right. stuart: ash, thank you. the happiest place on earth gets the green light to reopen. well we'll tell you when disneyland will start welcoming a very limited number of guests. and the biden administration wants to release migrant families from detention centers within 72 hours of arriving at the border. will that convince even more illegals to come across? the of course it will. i'll talk about that with homeland security official ken cucinelli. some of those migrants are heading to what are calls progressive cities like chicago. it's going to cost taxpayers a fortune. are they prepared for this? can they handle it? we'll break down the numbers for you after this. ♪ chicago is my kind of town.

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♪ ♪ stuart: they're crossing the border again in large numbers. they're migrants, some of them are headed to chicago, and that city -- chicago -- just added what are called new protections for illegals. all right, grady trimble is there. tell me about the welcoming city ordinance, if that's what it's called. what does it do for illegals? >> reporter: well, it essentially expands those protections for undocumented immigrants. it used to be chicago police could call i.c.e. if it came

across a known gang member who had a warrant out for their arrest or a convicted felon. that is not the case anymore as lori lightfoot, the mayor here, just signed an expanded welcoming city ordinance. in addition to that in the state of illinois, they provide college financial aid, health care and covid housing grants to people who are here illegally. the previous administration would have and in many cases did challenge policies like that. that is, of course, unlikely under the current administration. the counterargument from groups that support more lenient rules on immigration say that they pay taxes here in the state of illinois. the american immigration council says they pay more than $700 billion in taxes each year. but, of course, stuart, it is nearly impossible -- [audio difficulty] of illegal immigration. stuart: yes, it is. all right, grady, thanks very much, indeed. what a situation. i'm not sure chicago can afford all this. let's bring in former dhs acting

secretary, that would be ken cucinelli. welcome back to the program, sir. >> good to be with you. stuart: it seems to me we go right back to where we were four years ago. loads and loads of people coming in going to sang sanctuary statd cities, and we pay, and the situation gets worse and worse and worse. where am i going wrong here? >> well, everything you've described is going wrong. but we, under the biden administration, we're a sanctuary country. it goes beyond this. what you described in chicago and illinois more generally is they're putting money out for illegals to come there. and it is all of the cost of americans -- all at the cost of americans. it's foolish, it's the unfair, and it's horrible, horrible policy. and just zero in on the criminals. the people that they are not contacting i.c.e. to deport are gang members. i mean, these are literally the people doing the most killing in america, most homicides today, most dangerous people in the

country. and convicted felons. why does chicago want to spend all this money to keep killers and convicted felons from being deported? it's utterly nonsensical, and it undermines the safety and, as you noted, stu, the fiscal viability of chicago. stuart: i just -- >> being repeated all over the country. stuart: absolutely, it is. this is a building crisis. at what point does it stop? >> it is. stuart: i'm not expressing myself correctly, but when you got thousands and thousands and thousands of people coming in, surely at some point somebody says, wait a minute, wait a minute, wait a minute, this is a catastrophe. do something. no? >> well, in fact, if the roles were reversed, we'd be long since past when the mainstream media would be screaming crisis as with the democrats. the numbers tell the tale. i mean, they are so far past what jeh johnson, the secretary

of homeland security under barack obama, called a crisis. he called it a crisis at 1,000 a day. they're past 4,000 a day, and they have no housing for all of these unaccompanied children that they have created what amounts to a human smuggling chain where the u.s. government is working with human smugglers to bring these kids into the country. that's what we have going on here. and some of them it's families taking advantage of the system, others it's human smugglers taking advantage of the system. but the fact of the matter is america loses in all of those cases. all of them. stuart: the administration is releasing families from migrant detention centers after, what, 72 hours of crossing the border. >> yeah. stuart: do we know where their going? -- they're going? the is there any check on the people as they're distributed around the country? >> no and no. not by government. we don't know where they're

going, and there's no check. they're not doing any serious tracking. you may have seen recently, i saw fox news had an article on greyhound. greyhound bus is now demanding negative covid checks from folks getting on their buses coming from i.c.e. because they were just letting covid, known covid-positive people get on buses and travel all over the country. well, if you're greyhound and you're running that bus line, you don't like that, that's no good for you. and as we just mentioned, stuart, they're going anywhere. and so they're bringing the virus with them at a time when we're trying and succeeding in knocking the virus down. this is a public health challenge in addition to just all the usual illegal immigration crisis challenges. it's a terrible policy. stuart: it's a crisis. it's a crisis -- >> it is. stuart: ken cucinelli, i hope you come back and keep us up to speed -- >> glad to.

stuart: -- because we need information. see you again soon. check that market. excuse me. that's the first live sneeze, i think, that i've done on television in a long, long time, but i just did it. [laughter] is that you, susan? the market shows a gain of 470 for the dow, and we're up 34 on the s&p. nice gain there. we have some winners for you. goldman sachs, for example, up 2.8%. i'm sure there's a reason for that. maybe higher interest rates long term. that helps the big banks. up 2.8%, goldman. united airlines -- i'm sorry, united, southwest, alaska, all three airlines up big today. they are going to get some money out of that $1.9 trillion covid bill, okay? they'll get some money, stock goes up. as we said, the bill has passed the senate. the checks will soon be going out. all right, ashley, back from vacation, do we have any idea where the money's going to be actually spent? where's the money going?

ashley: well, that's a good -- yes. according to a survey by deutsche bank, half of 25 to 34-year-olds, guess where they're going to put their money? no, they're not going to buy a new gameboy system or playstation, they're going to play the stocks. 50%, they say, of their stimulus checks will go on stocks. it's really part of a growing trend we've seen in younger people getting into the stock market. the survey showed the youngest, 18 to 24-year-olds, will put 40% of their government money into stocks. that's quite remarkable. 35 to 54-year-olds say they'll plop down about 37% right there of their money into the stock market. over 55 say, no, they're going to put 16% into stocks. but you know what? all of this indicates, basically, a big boost for equities, does it not? deutsche bank says the inflow could hit $170 billion. so i don't know whether that was expected by the administration, but a lot of these people

surveyed, they're going to put their money in the stock market. interesting. [laughter] stuart: and i wonder what senator elizabeth warren and senator bernie sanders will say. [laughter] their relief money going to wall street. [laughter] hold on a second, ash. hold on. oh -- ashley: yes? stuart: we've got the ratings of the harry and meghan interview, just got 'em. susan, how many people watched? susan: monstrous preliminary data, over 17 million tuned in last night, 17.1 million, to be precise. and don't forget, cbs reportedly paid $7 million for the broadcast rights. they were looking to sell 30-second commercials for $325,000. so when you bring in this type of audience, some of it's probably baked in. this is the most-watched oprah interview in prime time since going back to michael jackson they say back in 1993. that interview had 60 million tuning in then, but today in 2021 with a fracture ifed on

demand media industry, 17.1 million, that's a huge number, stu. stuart: yes, it is. it's guy gant you can, 17 million. is ashley still with us? can i just bring ashley back again? ashley: yes? stuart: you've got a british accent, you were born and raised in britain. did you watch? ashley: i did not. i think it was, as piers morgan put it, a nauseating two-hour whine-a-thon by a couple who complained about press intrusion while airing the family dirty laundry in front of tens of millions of users. it's just disingenuous. they claim to be the victims. they're living in a $14 million mansion in california. it's tough. and at one point -- and i only read this because i didn't watch it -- meghan markle complained that she felt like she was in a coronavirus lockdown while in the palace over in the u.k. how socially tone deaf can you be to make that analogy? i'm sorry, it's pathetic, and everything that piers morgan and nigel farage for that matter, they're absolutely right.

it's, you know, abominable is a word i would use. stuart: one of these days, ashley, you'll break out of your shell and tell us what you really felt. i'm sorry we don't have time for you, susan, but we've got a half hour of the show left, i'm sure you'll get your two cents in. cancel culture, here we go again. it's coming for a popular kids' cartoon. watch this, please. [speaking spanish] ♪ ♪ [speaking spanish] stuart: speedy gonzales is now on the chopping block, and we will tell you why after this. ♪ ♪ it's the final countdown ♪♪

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okay, newsom is going to be recalled, there's going to be an election. i want to know what is the main plank of the republican party's campaign in california for governor. >> well, it certainly should be to bring jobs back, and the only way to do that is to make california competitive again. i mean, keep in mind among the western 16 states, california's the highest regulation, the highest taxed and the great number of jobs leaving the state. so if republicans want to win this all, it should be about getting people back to work, not the continued shutdowns or semi-shut down that you see. stuart: it's about cutting taxes, isn't it? you've got the highest taxes in the land and the highest poverty rate in the land. maybe we should drop taxes back a bit, keep people in california, maybe? >> yeah. remember back in 2003 dr. laffer

suggested to arnold schwarzenegger that he put in a flat tax to boost the economy. schwarzenegger wasn't bold enough to do it. when i ran for the senate, i proposed a tax act. i think it's a must. stuart: i wonder if california would go for it though. would the voters of california, democrats to a man or woman virtually, would they go for it? >> well, i think if a republican eventually wins in this recall, they would be open to a lot of things. and it's the time to do it, right at the very beginning. don't play games with it. go around california and build support. one of the mistakes republicans make in the state is, a, not being bold enough and, b, not carrying the message directly to the voters. stuart: okay. now, theme parks and ballparks in california partially reopen april the 1st. what's the mood of -- [laughter] you're looking grim there. i would have thought that

californians are chomping at the bit to get back to the ballparks and the theme parks. >> 100%. but my -- i'm looking grim because the truth is, is gavin newsom is partially doing this. he's still rejecting the florida model. there won't be food, there'll be limited access and no out of towners. you can't be a tourist and come to disneyland. remember, over the weekend he suggested, you know, we should have double masks. he still is being dragged by the recall to more open policies. we'll see how far this goes. remember, stuart, when i first came on in january, we were at -- or in december we were at 800,000, and you said you wanted a better report. well, we're getting to that 2 million mark. stuart: okay. i think you should fly over to florida and take a look at what's happening there. all californians should have a look at florida, see what's happening there. it's amazing. tom dell v.a. car row, thanks for joining us, come back soon. show me disney's stock,

please, because we're talking about them reopening disneyland in florida. well, disney's movie, reya and the last dragon, it debuted this weekend. susan, it was a disment? supersusan still only 8.5 million or so, that's actually 40% less than tom and jerry's a debut the previous weekend which was another animated film. so if you're going to compare apples to apple, it didn't do that well. but, look, 300 theaters from cinemark wasn't even showing it. so that might have contributed as well. also disappointing opening weekend in china which is thousand the world's largest box office -- now the world's largest box office market, third there. and disney also offered disney plus subscribers a chance to watch at home. $30 and you can watch from the comfort of your own sofa and living space. different from mulan last year, this rally comes from probably

the reopening of disneyland in california. stuart: yes. and it is a rally, 4%, not bad. getting close to $200 a share on disney. thanks, susan. and now this, the loony tunes are the latest target of cancel culture. ash, please come back again. you were brilliant on meghan and harry. [laughter] what have you got to say about -- which character's getting the boot? ashley: well, i just calmed down. speedy gonzales who, apparently, is claimed to have helped popularize the corrosive stereotype of the drunk and lethargic mexicans. and it's not just speedy, it's pepe e le peu. all of this according to new york times column charles blow. his attack on the characters creating a backlash in the cancel culture wars. hispanic comedian gabrielle iglesias who calls himself

fluffy tweeted this: i am the voice of speedy gonzales in the new "space jam." does this mean they're going to try to cancel fluffy too? you can't catch me, cancel culture, i'm the fast mouse in all of mexico. if other hispanics and latinos also chiming in defending speedy gonzales saying, you know what? he always outsmarted the ones trying to catch him or attack him, and he certainly should not be canceled. and director james gunn said this, the only fence i thing about pepe is the way he treated that cat. [laughter] stuart: we're beginning to laugh at it, and that, i think, is progress. ashley: yes. stuart: you know? that's progress. when you ridicule something, you might beat it back. thanks, ash. now this, another republican senator announced he will not run for reelection in 2022. who is it, susan? susan: roy blunt of missouri, bowing out of seeking

re-election in 2022. blunt has been in the senate for just around a decade, since 2011, and rejoins a growing list. and, yes, that includes richard shell by of alabama, rob portman of ohio, richard burr of north carolina and pat toomey of pennsylvania. and given that slim majority right now for the democrats, 50-50 with kamala harris, vp, being the tiebreak, don't you think that the gop should have concerns about the senate makeup and how represented they are in just next year? stuart: yes. it will be a test of what kind of republican party emerges from the 2022 senatorial elections. not quite sure which way it's going to go -- susan: hopefully majority as well. yeah, we'll see about that. stuart: well, are you hoping for a senate majority? susan: well, i think they are. the gop probably are. [laughter] and this doesn't help when they have all these longstanding senators that are not running for re-election, established names. there might be some concern. stuart: careful, susan, you got

awfully close to a political opinion right there. all right, super, i'm going to move on -- susan, i'm going to move on. new york governor cuomo again refusing to resign. watch this. >> the premise of resigning because of allegations is actually anti-democratic. there is no way i are resign. stuart: there you have it. even the democrats though, they are turning against him in droves. so what happens next in we'll get into it. around 30 new electric cars will be entering the market this year. we're going to turn jeff flock loose on the electric car markets after this. ♪ ♪ i want to ride it all night long. ♪ if you're going my way, i want to drive it all night long ♪♪

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♪ stuart: look at tesla are, down nearly 2%. the other side of the coin from the downside move in the stock price is that tesla is going to help texas with its electrical grid. how are they helping, susan? susan: a secret project. tesla is plugging in a secret mega-battery into the texas electric grid, first time it's jumped into the epicenter of the u.s. energy economy. located just outside of houston, texas, it'll connect the same grid that broke down during february's freeze and, apparently, it's already been registered and built by a he's lahr la subsidiary -- tesla subsidiary. bloomberg only made this connection to tesla after checking in on the facility's address which is, by the way, exactly the same as tesla's in texas. also tesla's building a cyber truck in austin and, yes, those production lines were affected by last month's power outage, so elon musk and tesla said why

don't we just do it ourselves. stuart: pity that the stock, though, is down -- susan: it was up. it's pretty volatile today. it was higher in the session as well. and if we're talking about electric, and i'd just quickly show you nio which actually was down about 3% or so, yeah, here we are. well, i'll show you all of them. nio actually got a price target hike to $60 from jeff reese today. jeffreys today. we keep telling everybody that electric cars are the way of the future. lots of car companies, of course, are going all electric, but are the buyers out there going to buy these electric the cars? jeff flock's at a car dealer in illinois. are they selling more electric cars or gas guzzlers? >> reporter: you would be happy to know they're selling more gas guzzlers. look at this. these ram trucks, these are ram

trucks, that's what they're selling, suvs, you know, jeeps, that sort of thing. people are not -- i'm talking to corey who is the gm of riverfront chrysler jeep dodge ram, they're not buying the electric cars yet, right? >> they're buying some, but mostly they're interested in the bigger trucks, suvs -- >> reporter: take a look at these numbers, stuart. the average car loan right now, over $35,000, and the average payment almost $60 a month. $600 a month. to me, that's a shocking amount of money people willing to pay, but they're willing to pay for it. >> they are. they want the technology, and they're willing to pay for it. >> reporter: you've got the rubicon here, that's 19 miles to the gallon. i'm guessing an electric is going to be a little cheaper. >> it is. it's going to save you a lot on gas, but electric is going to be sought after. >> reporter: i leave you with these numbers, stuart. the financing of electric cars,

q4 of 2016, 3% of the market was financed of electric cars. q4 of 2020, it doubled. so, yeah, they may be the future, but the future now is more suvs, jeeps, trucks, gas guzzlers. stuart: gas guzzlers. [laughter] you ended it fine. thanks, jeff, all good. lockdown rules went into effect about a year ago. the restrictions and closures causing a mental health crisis. fox nation host tomi lahren says the left is not talking about this enough. she's going to make her case in just a moment. 2.5 million women have left the work force in the last year. what's being done to bring them back? we've got a report on that too. we'll be back. ♪ she works hard for the money, so hard for it, honey. ♪ she works hard for the money, so you better treat her right ♪♪

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1-800-217-3217. that's 1-800-217-3217 ♪ ♪ stuart: 2.5 million women have left the work force in the past year. 1.5 million men left the work force in the past year. lydia hu is speaking to the owner of a bridal store in

brooklyn, new york. lydia, how has the owner there managed to stay afloat during the pandemic? >> reporter: stuart, one word, innovation. you know, the pandemic has really hit all sectors hard, but particularly the bridal industry especially here in new york because they had to shut down so many ceremonies and weddings over the past year, so there wasn't the need for these big, beautiful gowns that have been designed and made here in brooklyn. so they innovated. they pivoted. they came out with a new ready to wear collection, you can pull it right off the rack. it reflects the recent trend of brides getting married in their backyard, at home, small, intimate ceremonies with close family. this is what has kept them busy over the past year and has allowed them a steady stream of customers coming to them for their bridal needs. but not all women and not all businesses have been able to innovate like they have, and they recognize that. we now know that women are leaving the work force. there are the lowest number of

females participating in the labor work force since 1987, ask and women-owned businesses are also reporting a worse financial state than men-owned businesses. now, on this international women's day the owner, andrea, says that she wants to see more women thriving in the business community. listen to this. >> i think that that's what happened during the pandemic. it was who's going to not work or whose work is more important. women take the backseat, like we always have, and i think it's really important for us to understand that we can definitely be in the truck driver's seat, and we should -- in the driver's seat, and we should be. >> reporter: now that we're seeing the slow rollback on restrictions, we're seeing the industry come back. for example, here in new york weddings can resume next week with some restrictions, so there's the hope there's going to be the need for these big, beautiful gowns back in wedding ceremonies. stuart. stuart: can't wait. all right. lydia, thank you very much, indeed. now, more democrats are calling

on governor cuomo of new york to resign. this after a fifth woman accused him of sexual misconduct. but he says, again, i'm not going anywhere. roll tape. >> i was elected by the people of the state. i wasn't elected by politicians. i'm not going to resign because of allegations. the premise of resigning because of allegations is actually anti-democratic. there is no way i resign. stuart: all right. tomi lahren joins us now. look, tomi, we've got a governor under siege from within his own party, he will not leave, he's under investigation. where's this going here, any idea? >> well, i think it's interesting, in the statement that you just plaid he's talking about the people of -- played, he's talking about the people of new york elected him. again, i remind folks that new york does not have a recall option. i always say it every time i talk about cuomo, we need the option just like in california, and i saw those numbers earlier,

by the way, good for you, california. but talking about this, stuart, it was just a couple of years ago that we saw all the democrats wearing white to the state of the union in solidarity with women, and we saw hollywood liberals wear black to the golden globes in support of me too, but now their silence is truly deafening. and it's the double standard that frustrates conservatives like myself because we know if this was a key in general, the calls for resignation would also be deafening. and, yes, i get that new york state democrats are calling on him to resign and i appreciate that, but the democratic machine at large is still shielding this man. and this isn't just allegations of sexual assault or harassment, let's talk about the nursing home grim reaper, andrew cuomo, by the way, and those victims? they can't speak up for themselves. this man feels like he's too big to fail and that's why i say again, new york, you need a recall option. stuart: tomi, i want to get this

in, we've got a year's worth of lockdowns and restrictions, you're telling me there's a mental health crisis in america? >> oh, there absolutely is. and, again, it's like the same thing we talked about with cuomo, it's the double standard of the left. they don't want the talk about the numbers. there's a mental health crisis. and while they shut down businesses, a lot of those businesses including liquor stores were able to operate at some capacity, but you know what wasn't? aa meetings and fellowship meetings that are helping addicts. those things have been shut down and are just now starting to reopen even here in nashville, tennessee. our leaders need to be held accountable. there is a mental health crisis they are ignoring because it doesn't fit their agenda. stuart: i think we're at a turning point. i think things are really opening up, and that's one thing that really should be opening up. tomi, good stuff. we'll see you on fox nation. thanks for joining us. appreciate it. ♪ ♪ stuart: back to the big board real fast. that's a rally, up 400 points.

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stuart: breaking news right now, president biden will deliver a prime-time speech on thursday of this week. he is going to address the one-year anniversary of the covid shutdown. i just digress for a second. i wonder if he will give any credit to president trump for the warp speed development of

vaccines, any credit to governor desantis or governor abbott of texas for opening up the economy so bravely and getting things moving? i wonder who our president will give credit to? my time completely up. look who is here, dagen mcdowell in for neil. dagen: stuart, i can answer the question. the answer is no, no, no, no the cupboard was bare. even though one quarter of americans have gotten a show. i digress. welcome to cavuto "coast to coast." i'm in for neil cavuto. the $1.9 trillion stimulus bill goes to the house for a final vote. nasdaq suffering again this day, on the pandemic front, the cdc finally issuing its recommendations f