simi: two branches of our family split apart. david: but now, ancestry helped connect us to our ancestors and each other. michael: find their stories. gigi: at ancestry. maria: have a great day. thank you to dagan and john. "varney & co." begins right now. take it away, stu. stuart: good morning. you know, we really ought to call this the bubble report because so many have gone straight up recently. on a monday morning, everyone wants to know the state of a play, does the surge continue or are there signs of a bubble bursting? let's start with bitcoin, the price dropped big time over the weekend, it-- a few minutes ago it was up and now, we have it at $56690 per coin.

that's the current price, down of the weekend. dogecoin is a crypto joke and it's actually priced at 40 cents per coin and when i checked a couple hours ago, that's a bubble, 40 cents, dogecoin. as for the dow industrials, they have been up for four straight weeks setting new highs with a slight downside move this monday morning, dow jones up about 40, s&p may be down seven and the nasdaq down a 61. that is not a bubble bursting and is not a big selloff. 10 year treasury yield 1.59%. tesla, two men died after a tesla crashed into a tree near houston saturday and authorities believe it was operating without anyone in the driver's seat. that is important. the stock is down 2.3%. news on the great reopening,

not in michigan. the governor keeping restaurants to 50% capacity and asking children as young as two years old to wear a mask . in oregon, a move to keep pandemic safety measures in place indefinitely. how about that. dr. fauci is still ultra- cautious same vaccinated people can still quote inadvertently infect others, so double mask up. i guess we can be free again when there is not a single case of covid to be found anywhere. dr. fauci also says we may be back to okay taking the vaccine from j&j again later this week. fine, but the damage has surely been done already. i think we owe a big thanks to the governor of florida, ron desantis , he says if you are immune, act immune. we have a big show, wait till you hear congresswoman maxine waters if derek chauvin is not convicted of murder, she

wants more confrontation. isn't that incitement to riot? work from home, to states offering big money to remote workers willing to relocate. would you over-- relocate for $12000? and the schools, youngsters in california may not be back in the classroom even by the fall of this year, unbelievable. monday, april 19, 2021, "varney & co." is about to begin. ♪♪ stuart: looks like a nice day in new york city and so it is compared to florida, but nonetheless we will take what we have got. susan: how do you enjoy the weather today? stuart: i like it. let's get to this, dr. anthony fauci says he expects the johnson & johnson vaccine to resume usage later this

week. watch this, please. >> hopefully by friday we will get back on track one way or the other. >> by friday, the cdc advisors meet friday, but you think that's actually when j&j will be on paused? >> i think by that time we will have a decision, but i imagine we will see it come back in some sort of either warning or restriction, but what i am sure of-- i hope that we don't see anything extended beyond friday. we need to get friday some decision one way or the other. stuart: friday, one decision one way or the other. dr. marc siegel joins us now in my opinion is the damage has been done already. what you say you? >> i agree, the damage has been done. we are talking about one in a million people, one in a million people that may be affected and, i mean, how many people have gone on cable tv and they should be

ashamed of themselves saying what you should be on the lookout for. on the lookout? for what, one in a million? we should be on the lookout for watching too much cable tv. one in a million, so this is extremely extremely rare and we in the medical profession i all the time deal with potential side effects with patients and when it is one in a million i don't even mention it unless the patient wants me too go over the laundry list, so on and norma's amount of damage has been done as you say to vaccine compliance, vaccine confidence, that's also important right thou because we have 50% of americans already have one shot, 85% over the age of 65. we are on our way out of this thing if the people get vaccinated. stuart: the governor of florida, ron desantis, is slamming what he believes is the cdc vaccine mixed messaging. watch this. roll tape, please. >> my view is, if you get a

vaccine, vaccines are effective and you are immune so act immune. i think the messaging on this has been horrific. the messaging should be, get a vaccine because it's good for you to do it. it works. you are not going to have to be doing anything like abnormal like you can live your life, i mean, that's gotta be what the message is. stuart: you have been vaccinated, you are immune so act immune. what you say, doctor? >> i like that messaging especially since the cdc numbers show 66 million people were vaccinated, only 5800 got sick and they only had minor illness. the difference between florida or michigan where i was just one in michigan and in new york everyone is walking around like a mummy, and florida people are out on the beach, restaurants, they are not getting sick. he's absolutely right, you have to act like you are immune. maybe when you are indoors in close confines and a store owner cannot tell if you've been vaccinated or not, that

makes sense to wear a mask if you are vaccinated, other than that, act free. i went to indoor restaurants in michigan, no one else was there by the way, but i was vaccinated and i was completely fine. the governor of florida is right and he's saving the economy and that's why everyone is moving down there. stuart: you have that right there, doctor a lot of people are moving down there. dr. marc siegel, thank you. let's get back to money with futures showing some red ink, but not much this monday morning. jason katz is joining us right now. all weekend people have been asking me, is it time to sell, is it time to get out. what would you say-- and i'm sure you have been asked to that question, what do you say? >> without equivocation, the answer is no, remain locked. there is still $4 trillion with a t on the sidelines and whether that is the money that came from the 2009 crisis where people have trepidation to get back in, a

lot of ppp money which i see through my client base still on the sideline, not to mention unemployment benefit money and then people simply are stuck at home not able to spend. now, we are starting to see people get out and spend. last week was a terrific week , not so much because the market went up, which was great, but the blistering retail sales. goldilocks inflation, not too hot, not too cold and the job numbers are starting to improve so the answer to your question, remain long, but remain thoughtful and cautious because we have made a big big move here. stuart: okay. you are looking at what, 4400 on the s&p 500 right now around 4100 right now. you say 4400. i can't work out the percentages, but it's a pretty strong again. do you think the game comes in the next few months? >> i think it comes by year end and i think it's a bumpy ride, i mean, look, you cannot-- not you, stuart, but one cannot mistake a bull

market, i mean, we've had somebody people indiscriminately by without regard for evaluation or doing research. those days are over. you need to be discerning. you need to be bullish, but discerning. you want things to pass the instagram test. if you see it on instagram, if it's post- worthy, then i think you want to buy it. consumer discretionary area is viable. europe which is lagging behind the u.s. and vaccinations and lagging behind in the reopening, lagging behind evaluations, two thirds of our ppe, that's viable, you just cannot blindly throw money at the market. stuart: now, you can't. jason katz, thank you. see you again soon. let's get to bitcoin. ice-- i need coverage of what happened over the weekend because there was quite a drop. it's 56000 right now. susan: the lows were 51000 and a change, way down.

stuart: you didn't buy? susan: now, still waiting the 40000 or so entry point but you are down almost 1% from recent highs on sunday alone, down 15% so the reason is regulation. there is concern the u.s. might be cracking down on money laundering through crypto currencies and that includes bitcoin and you have china's new digital currency competing against bitcoin while they also spend crypto money and inner mongolia which is been a haven because there's cheap electricity for power. stuart: didn't know that spilled . susan: turkey announcing their banning financial payments using crypto so a lot of regulatory headwinds. that 15% drop sunday may look like a lot for average investors but if you have been invested in bitcoin, that's only the biggest loss since february, so you don't have to go back to long to see this. you have to expect volatility when you invest in crypto

currency. the other crypto currencies also following over the weekend, but dogecoin still up 40% sphere it's now worth $51 billion on the market cap. get this, berkeley viacom cbs, ford and taco bell owner yum brands-- stuart: you have to admit that's ridiculous. susan: no, it's not. stuart: wait a minute, a crypto founded as a joke is worth more than the four motor-- ford motor company, you don't find that ridiculous? susan: no because i think there's different risk assessment depending on your age and tolerance so as a 25-year old you look at something like dogecoin which is worth $51 billion and it only took eight years to get there so look at the doubling effect in the past decade. stuart: i'm listening. we have another three hours to go. all right, foxbusiness alert, minneapolis on edge bracing for unrest as we wait for the

verdict in the derek chauvin trial. listen to congresswoman maxine waters urging protesters to be more aggressive role tape. >> more active, you've got to get more confrontational, you have got to make sure that they know we made history. stuart: many people say she is inciting violence and in the full story. congresswoman alexandria ocasio-cortez is set to reintroduce the green new deal. we are all over that one. a quick look at futures, we will be down slightly at the opening bell. economists peter morici will be ripped-- with us and he predicts big summer rallies. he will tell us why after this. ♪♪ ♪♪ [announcer] durán catches leonard with a big left. ♪♪ you can spend your life in boxing or any other business,

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act now! stuart: we do this every morning around this time. we show you a beach shot from florida just to make you jealous if you're anywhere else in the country. that's actually a b-- beautiful view. looking at futures with a bit of red ink, left-hand side of your screen. peter morici is with us. peter, what is this about a big summer rally ? do you mean a rally, higher prices from what we have already? >> absolutely. right now the s&p looks very overvalued, 44 price equity ratio with a stark average 25 years, 26. we are facing an over 50% jump in profits in the second quarter according to-- if you factor that in all of a sudden the earning ratio is

on historical average and with more profits coming up in the third and fourth quarter, i mean, that's the stuff that rallies are made. also, the current rally in the market has been extraordinarily broad-based. the history of broad-based rally as they build on themselves . about average for these things would indicate 15, 16%. i think that is a lot given where we are now i'm a but i can see the s&p at 4500 by summer's end and this time next year 47 or 4800. not that we won't have setbacks, i mean, we always do, but the economy is coming back in the recovery of profits is broad-based and this is no longer a tech rally. it's un-american rally. stuart: you must have been asked over the weekend, when do i sell, when do i get out, what you say to people who ask you that question? >> when you are old and need your money. timing markets is just not very good unless you are warren buffett and warren

buffett advises against it telling people to do what i do, you know the average guy can go around picking winners who will come out of the pandemic in which airline will only go down 10% on business travel instead of 30. he advocates rod based indexing and so forth, put in some every month and ride it. i continue to do that. i know it's not as sexy as you like it to be an analytical, but i look at bloomberg and i see these ratios on topper ratios and reminds me of some of the data mining ice on graduate school with people trying to tell me that people will come back to new york. stuart: just stick to watching foxbusiness look, aoc and senator markey plan to reintroduce the green new deal this week and wait for it, they are adding a new quote civilian climate call. peter, i'm sure you have something to say about that, go. >> i don't know that it's a bad idea to recruit young

people to do constructive things, but i would rather train them, you know in ways that will help them get a job , i mean, what is this civilian climate core going to do? 's night-- not the 1930s where we build dams with bricks and mortar and the rest of those folks will not be able to put in solar panels are billed when. you know what they are going to do, they are going to get woke indoctrination sit in rooms and get hammered. stuart: they will be the inspectors that come around to every house and say you need to fix that, you need to fix that. that's what they are going to do. >> i would love to see a 19-year old show up and say you really ought to have a few more solar panels annually-- need a little bit of ventilation, i mean, it's getting humorous. stuart: almost. >> at some point typical middle-class americans will look at their tv screen and say the squad is nuts, markey is worse and it's time to start to vote for republicans again.

stuart: may be. peter morici, thank you. we will see you soon. >> you take care, now. stuart: a serious stuff here, two people dead after their tesla crashed into a tree in houston, over the weekend. no one was in the driver's seat? susan: that's the problem, tesla's owner manual says even if it is self driver mode there should be driver supervision and not the case with this fiery accident with two passengers involved. no one was in the driver's seat. one was in the passengers in the the other was in the back so the tesla model crashed into a tree after veering off course in a tight turn, burst into flames that burn for four hours and needed 32000 gallons of water to put out. tesla offered the selfless driving feature on the car costing $10000 extra for an upgrade and the national highway traffic administration says it's investigating this case and 23 active investigations involving tesla cars, so elon

musk between the autopilot 10 times lower chances of accident than the average vehicle, one accident he says for every 4.19 million miles driven, but obviously this is a bad pr and its tragic. p2 people died. stuart: it is tragic. we don't know the exact circumstances, but we know no one was in the driver's seat. susan: there should be hands on the wheel and active supervision, i mean, what were they thinking to just let the car drive itself and it would be totally okay? stuart: should have hands on the wheel i guess is the bottom line. susan, thank you. if you are just joining us, you want to know is the great selloff here yet or the great surge continuing and the answer is a tiny selloff at the opening bell. looking at gamestop with shares up. ceo resigns and the stock goes up 11%. what is with that? susan has the answer after this.

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stuart: a tiny bit of red ink at the opening bell. look who is here, brian

belski who says the market is right for a correction. hold on a minute. we used to introduce you as bullish brian belski and now you are talking about a correction. explain yourself, lad. >> good morning to you too, young lad. i would say markets are rarely linear for a long and we need to slow down a bit. i'm not talking about a 10%, 15% correction, i'm talking more chopping trading especially after earnings come out. earnings are doing their job and we know that and so we need to have a little bit of a respite and a quiet period in between earnings period and i think the cell and -- selling rhetoric may go away and be a lot i'm proud this year so i would say don't believe that. if there is a pullback in the market you should be aggressively buying it. we won't see a bear market correction, more chopping trading and then stocks are higher at year end and a lot

higher a year from now. stuart: we just had peter on the show in his economist talk about profits going up 50% in the second quarter of this year, that sounds enormous to me. what say you? >> that's about right. that's where consensus is we tracked this in november when we put our number out and our number has always been a 50%. economists are typically late in what they are saying, no offense to mr. morrissey, but the market has ran a bunch and we need some consolidation. i agree with the bullish stance that he may be shortsighted with respect to how fast the market will go up following earnings. i think markets go up before earnings. stuart: what do you say when asked the question, and i'm sure you have been asked the question, when is it time to get out, when should i sell and cash in from this enormous rally? >> we do believe the dollar averaging and we do not believe in market timing. you should be invested.

there's no problem being tracked towards your waiting so for instance if you own a 4% position in the stock, and the position goes to 4%, peel back 50 basis points and stick with your core position. that's the best way to trade this market and be an active stock picker. focus less on the indices and more in your individual stock holdings. stuart: last one, real fast, the classic advices if he made a lot of money in a stock, sell half of it so you take an profit off the table, but let the rest of it) do you think that is good advice? >> i think for the blanket rule, yes. it to keep you in the stock, but it depends on your overall stock holdings, but that makes sense. you can't take a profit unless you take it, stuart. stuart: isn't that the truth, but then you have to pay the tax on it. formerly always a bullish brian belski and now may be

looking for a correction. we will reintroduce you next time around. thank you. it is monday, april 19. those gentlemen clapping will -- there you go there ringing the bell and we are about to start trading. let's see where we go because we have had a fabulous run for many, many years let's how we go today. i'm expecting some red ink at the opening bell. down about 60 for the dow jones and more than half of the dow 30 are indeed in the reading. that is not a big selloff when the dow jones is at 34000. as for the s&p 500, it opened with a fractional loss, down .20%. i think it's pretty much the same with the nasdaq which is also opening on the downside, again, not a huge loss by any means. the nasdaq is down slightly and there is a big tech microsoft, apple, alphabet, amazon, facebook all on the downside this morning, but

again you have to have a sense of proportion. that's not a big drop for those big tech stocks which went straight up last week and the week before. gamestop on your screens up 9%. the ceo resigned and the stock goes up? susan: it's that transition so away from bricks and mortar to online digital and it's a long-- we knew george sherman would step down at some point, now, we have july 31. this is part of ryan cohen cofounder and the turnaround plan. most of the board will step down in june. two executives already left and income to amazon executives and there have been job interviews to fill the ceo role. those in e-commerce, gaming and technology is where you want to push gamestop. roaring kitty-- stuart: go ahead, roaring kitty. susan: this man owns $30 million worth and he

actually retain his co- options on friday meaning he now owns close to 200,000 shares worth more than $30 million. he could have sold 50000 shares friday-- he bought in at $12 and he could sold and made $148 a share and instead he kept it because he has a strong belief in gamestop which is also another vote of confidence. stuart: i don't want to digress too much but you used a new word, tell us traded. susan: it's in the dictionary and also a triple word score in scrabble meaning i indicate to you what's going to happen in the future. stuart: okay. show me peloton, please. the serious stuff here. peloton is down nearly 6%. a child died on an accident on one of their models, the tread plus. susan: corrected. stuart: regulators issue a warning. what does peloton say? susan: not as consolatory as you would imagine peloton ceo

: the consumer products they morning as inaccurate, misleading and this is after the federal agency said families with young children or pets should stop using the tread applause after the case of the child dying and also more than 39 cases of injury your guy did not know about the 39 cases. owners should also unplug when they are not using. we should point out that they don't sell as many of the treadmills as they do their bike which is their flagship product and peloton stock is about 500% on bike sales so the fact that you have tread plus , possibly with the warning and this new generation treadmill may hurt business a little bit. stuart: not the bike, the treadmill. got it. harley-davidson, they should be up, yes nearly 10% peer strong recovery in the first quarter and their guidance suggested 35% growth in that business this calendar year. that is enough for a 10% game

for hog. coinbase down today 3%. is this in reaction to bitcoin's drop? susan: bitcoin prices falling. that's the reaction. also, we had ceo founder brian armstrong, some-- it's interesting how they were selling out on day one which is kind of what direct listing does and doesn't raise new cash, gives an exit point for early investors and employees so brian armstrong selling out 750,000 shares worth about $300 million. he made some pretty good change. stuart: a tiny bit. susan: he owns 20%, i mean, he's the largest individual shareholder in coinbase, so why shouldn't he be able to exit, make some money because let's be honest he's been in this for nine years. stuart: is not a signal he has no confidence, just that he's taking a huge cash

call. susan: you need money to survive, don't you? stuart: cathie wood update. susan: friday she added two more than her 300 million-dollar holdings of coinbase and a big endorsement for coinbase. stuart: we are five minutes in and we are indeed retreating from last week's record high spirit taking a look now at the big winners amongst the dow jones 30, energy companies in there and so is apple by the way, apple at 134. s&p 500 winners, who are they? harley-davidson, a couple others, energy companies and diamond energy-- diamondback energy i think. nasdaq winners, netflix straight up today. that ease also on the upside nicely there. first solar, to enact percent, not been following it, what's going on? susan: for the biden green climate change stock you know

the solar panel makers and getting an upgrade from cd being called a by from neutral and they say there is multiple positive catalysts with a 10 year extension as the federal solar tax credit. did you know that? stuart: no, i did not know that. susan: if you are being subsidized by the government of course you will make more money. stuart: i don't know who gets the tax credits. susan: some of these solar panel makers. stuart: checking travel stocks, the ceo of expedia group peter kern says the companies gearing up for a big travel read that-- rebound saying hotels will come screaming back. may be onto something. we have seen more than a million travelers pass through the tsa checkpoint every day for way more than a month and on sunday we reached that number 1,572,000, tsa checkpoints as of sunday and the number keeps rising. travel is back peer next,

president biden finally admits there's a crisis at the border. watch this. >> refugees,. stuart: you have to put the font on the screen when anyone is wearing a mask these days. with this change anything? a declaration that it's a crisis, will it change? sheriff mark lam from arizona will join me later. doctor for ouchy says people who are vaccinated should still wear a mask. to me that's mixed messaging. more on that later in the show. ♪♪ ♪♪

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stuart: eleven minutes in on this monday morning and we have road on the dow jones, but still above 34000. microsoft earlier did hit an all-time record high. that's off a bit now, 260 is the price on microsoft. i have a tiny sliver of that. the yield on the 10 year treasury, here is the reason big tech is ill at ease this morning. it's gone back to 1.60 peer that is a danger signal for big tech. bitcoin, 56000. china changing its tone ever so slightly after cracking down on crypto's. susan: small crack in the doorway they are with alternative they say, investment alternative, slight softening and now they are calling bitcoin may be something to look at as an alternative investment and progressive i would have to say because china banned

bitcoin training in 2017 and also shut down local crypto currency exchange and promoting the use of its new digital currency for the beijing winter olympic in 2022. they are trying to make it possible for foreign athletes and visitors to use it and it could be the first step for china's digital currency when it comes to international users and why not do it on a big platform like the olympics. i think you have to be careful don't you think because with the digital currency in a digital-- they can track you and where you use it, where the money goes, i mean, there is no hiding in that case a. stuart: ain't no hiding. and a lot of people want to hide. by the way i will get you an updated quote on bitcoin. it's still around 56000. i will give you the movement shortly. is still a bitcoin, went to bring in a guest who has appeared on the show before. her name is nikki beesetti. she is with us again peer now, you made money as an early bitcoin investor. i know you sold some of your

bitcoin and paid off at least some of your student debt and i think you bought a car. so, as a representative of your age group, if you don't mind me saying that, are you buying more bitcoin now? >> yeah, thank you for having me again peer so, yes, i'm continuing to invest in bitcoin. the strategy i currently use now is dollar pocket averaging so instead of putting a lot of money up front i actually put money as i go so i do in increments, so that way over time it tends to increase in value. stuart: forgive me for asking, but as a representative of your age group, if you don't mind me saying that, are you using stimulus money? the government checks, are you playing the market with your government checks? >> i actually did not receive a government check this year, so no, i have not. stuart: sorry about that. a lot of other people did you know. would you ever consider

dogecoin? >> yes. i actually do own a dogecoin. i bought dogecoin last blow-- november. i started buying it around three tenths of a cent and then i bought a bit more around like the beginning of january for one set and then continue to buy dogecoin using dollar cost averaging. stuart: it's about 40 cents right now. would you consider yourself rich? >> i think-- rich depends on the person. for me right now, i'm going to continue to do my nine to five job and also invest on the side but i would not consider myself rich as. stuart: have you made enough money to leave your nine to five job and live without a paycheck? >> i would say i'm getting close to its. stuart: new jute-- would you like to retire at your age?

>> i'm not at the boy-- point where i went to retire. i want to continue to teach financial literacy to gnc, millennial's and teach them about the value of crypto currency in the potential. stuart: do you see real value in dogecoin? >> i think when dogecoin started, it was a meme currency so it started as a joke to make fun of crypto currency, but it's evolved into something so much more and i think there's an argument that there is a so much in this and sometimes the most entertaining option is an option that's a fun thing to go with. stuart: it's certainly entertaining, that's a fact. nikki beesetti, thank you for coming back on the show and congratulations on all the money you have made. come back and tell us if you ever sell dogecoin thank you. let's get back to the markets, 10 year treasury yield is exactly 1.60%.

price of gold, has not done much. 1770 is the price. susan: a month ago it was below 1700. stuart: i think bitcoin is the gold inflation rate. oil, $63.57 per barrel or-- barrel, price of gasoline $2.87, but that is up $1.6 a gallon from april 19, of last year. those were great days, dirt cheap gas. coca-cola is up a fraction, 17 cents per they reported their early this morning and you and the highlights. susan: better profit, better sales and china and india driving the sales in the final three months of last year. coax water business coffee and tea hardest hit during covid. volume was a shrinking. i saw coffee followed by a fifth due to the virus impact , but they are spinning out one of their divisions in

africa so pressure may be there for volume sales, but argued drinking anymore beverages? stuart: if i drink any more coffee-- i don't do that. i don't drink soda. never touch it. susan: do you call sparkling water part of the buzzy drink because i like the fizzy water. stuart: that's sweet. susan: no, it's a sugarless, just the bubbles and water. stuart: i can drink it if i have to. susan: kind of like champagne without the alcohol. stuart: whatever you say. president trump sounds off on the border crisis. here he is with sean hannity in his first on camera interview since leaving office. >> they are playing it down as much as they can play it down. it's a horrible bit situation could destroy our country. never been anything like what's happened at the border and people are coming in by the tens of thousands of. stuart: it's been a long time.

we have more on that later in this show today . volkswagen going electric with their new id for suv. we have the car. we are test driving it after this. ♪♪ ♪♪

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stuart: if electric grid relaxed ration, a tribe called quest, that's brand-new to me peer as you look at seattle-- i will not be sarcastic. it's not raining now. just wait. volkswagen has our own gary gastelu testing their new id.4 suv. you test drove this thing, so what's the big take away? >> volkswagen ill-advised april fools' day hoax changing its name to volkswagen kind of backfired but this car is no joke. the id.4 is a compact crossover, cost about 40000,

and it makes it the lowest price model. three grand less than a ford mustang-- they also throw in three years of pre-charging on the electrify america charging network and volkswagen is building this out as part of the diesel admission scandal and you can fill this up in the best case scenario to 80% charge in about 38 minutes, but it's not always that quick. this one here the dellwood shopping center in new york, but there's only about 20 of these in the entire metropolitan area right now where there's 20 million people and 569 nationwide so if you don't own a home it's a bit tough to own as an electric car is most of them are, but is very competitive, great ride, not a sporty car at the tesla model y, but coming out of the normal

compact crossover you really wouldn't miss a beat moving to this. stuart: has anyone died on analysis of the cost of gasoline versus the cost of electric recharging? does it work out, any idea? >> generally speaking, at home it's much cheaper to charge on your own. i'm on this superfast charger and it costs about $12 to fill the sub to get maybe 100 miles of that range. that's not good at all but that's when you are on the road going quickly. volkswagen throws in three years free for that peer. it's when you charge, where you charge, several better cost wise to fill up an electric car, but it's a whole lifetime experience as far as what it costs to own and operate an electric vehicle. it's coming down. it's on par if not better in a lot of cases and i think overall you come out of head if you drove this quite a bit but if you only drive 15 or 20 miles a day then things

are not as good as cost saving long term. stuart: the tax credit would be nice. gary gastelu, thank you. alright still ahead, steve forbes, the governor of new hampshire, governor chris sununu, sean duffy and also john at topper and we have this question, if you were paid big bucks to move to west virginia to work remotely, would you do it? we will cover that question and maybe even answer it after this. ♪♪ ♪♪ (judith) at fisher investments, we do things differently and other money managers don't understand why. (money manager) because our way works great for us! (judith) but not for your clients. that's why we're a fiduciary, obligated to put clients first. ... that earn you high commissions, right? (judith) we don't have those. (money manager) so what's in it for you?

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♪ ♪ ♪ ♪ stuart: oh, susan got it wrong, [laughter] she thought that more than a feeling was, no, susan, it's boston. it's not air supply. >> but i made a guess was it in that timeline, no? stuart: good morning, everyone. straight to your money, still got some red ink over there the dow is down 100, not a huge loss, nasdac is down 27 points. the nasdac is down in part because the yield on the 10 year treasury has gone up to 1.60%. that seems to be a crucial level it's right at it. bitcoin on the downside, that's a current quote by the way, haven't moved that much in the past hour, right now it's at

56, 715. 56,000 that's the number to watch. 56 grand, remember it had been 64,000. we're going to get into that decline shortly. now, this , please. i bet you heard this over the weekend. when should i get out? is it time to sell? it doesn't matter where you put your money. you probably done very well recently and now, in this melt-up situation, you want to know how to protect your winnings. well, this is unique. everything has gone up. a lot, and in this situation, maybe you've had a case of fomo, fear of missing out? when everyone is telling you how much they've made, you naturally want in and if you're a newcomer to investing you're not really familiar with meltdown, crashes or corrections. why not jump in, everybody else is. those of us who have been around a very long time are grappling with this. we have seen meltdowns, crashes

and corrections, and we know that at some point, things start going up and start coming down. we just don't know when and we don't know what starts the selling. nobody, young or old, has ever seen so many trillions of dollars turned loose on an economy that's already roar ing out of a pandemic. this is unchartered territory, so what do you do? the classic advice is to sell half your investment so you take your profit but leave some money on the table, pay the tax but stay in the game. the advice from many of our guests is, dance if you must, dance if you will, but keep a close eye on the exit door. in other words be prepared to get out fast. meanwhile, why don't you just sit back and watch financial history, because young or old, you have never ever seen anything like this before. second hour of ""varney" & company" about to begin.

stuart: put him on the air, there you go that's steve forbes and i want to know what he think s about this idea, the classic advice. you sell half of the investment from which you've done very well , leave the other half on the table, take your profit. what do you say, steve? >> i think you have to distinguish between your retirement money and your non- retirement money and your retirement money, you should always have a little bit of a cash reserve but if you aren't set to retire, leave that money in there, markets will crash but markets always come back and dollar cost averaging will make you look like a genius compared to money managers. in terms of your non-retirement money, yes, have that cash reserved but also, i think inflation is going to be coming next year so go into stocks like energy, oil is going up not just because of supply and demand but because also the dollar is going to be losing value and have a little bit of gold that's still going to be better than some of these cryptocurrencies although i

think the revolution is happening there in terms of using them for commerce which is what happened with pay pal a few days ago but in terms of taking a little off the table, fine, do that but just know that emotions are your enemies and now is the time to do it and people say oh, i made so much more money, just know they never tell you about their losses. psychologists have told us, people's pain of losing is huge and they never tell you about the losses they just tell you about all of the geniuses they are in the up market so if it feels good, don't, if it feels bad, do it. we're in a feel good state. take some off, let the other chatter at the cocktail party you'll be able to buy when the market posts out. stuart: if it feels good, do it that reminds me of the 1960s actually, steve and you and i hads are of the same vintage, we remember the 60s well don't we? sort of. >> [laughter] we're still young and by the way , we've seen these market crashes before and you have to go through them to realize they can happen so take some off the

table, and just know, you never lose money taking a profit stuart: it's called the university of hand financial knox, i remember it well. you've got a warning for taxpayers. beware of the global minimum corporate tax. have at it. what's the problem? >> the problem is janet yellen and other financial gurus around the world or financial minister s around the world want to establish a global minimum tax to go after corporations they think aren't paying enough tax. the g-20 which is one of the largest economies in the world, are in discussions right now and establishing that minimum tax. no surprise, for instance germany and france are big on it and the u.s. has the highest corporate tax in the world and they want to hide minimum so they don't lose too much business to competition and even more is they're making noise about having a global individual income tax, just so they can pick your pockets individually in terms of business. this is just crazy stuff. they don't realize that when you raise corporate taxes that means

less money for workers, less money for shareholders or mostly pension funds, and retirement funds, and less money to invest for the future. so we have to fight that kind of thing but the joe biden and his supporters want to give us the highest tax in the world and have others raise the tax rate, so they think they won't pay a real big price for , but we all pay a price when you takeaway money from production people and put it in the hands of people at the washington politicians. stuart: taxpayers beware. i've heard that before from steve forbes and no doubt we'll hear it again steve thanks for joining us see you again soon. >> thank you. stuart: another steven joins us now that be steven moore. steven welcome back to the program. i read you stuff, you know i do, and you know that we've been reporting that businesses have a problem that can't get workers to come back to work. you say it's a severe problem. is it that bad? >> yeah, and by the way, stuart i want to add something to what steve forbes said when you're talking about is now a good time to take profits.

i want to add one detail that's really important, stuart. don't forget that biden is talking about a big big increase in the capital gains tax as early as this year. typically when that happens, if we go from a 24% capital gains tax to as high as 40%, now is a good time to take your profit, stuart because you'll pay a lower tax rate than you will next year or the year after, if that tax rate goes up, and that's what investors typically do. they trade their stocks, take their profits before the tax goes up. now, on this big issue about the labor force, we are seeing a big problem right now, stuart. we've talked about on this show over the last few months. i did a study with casey mulliga n that shows about over half of the workers who are unemployed right now are getting more money and unemployment benefits, food stamps, nutrition assistants all these other programs, rental assistants, than they would if they went

back to work. it's a really big problem. around the country what we're seeing i have a store down the street from where i live that says sorry, we're closed because we can't get our workers back. it's a restaurant. you're seeing that all over the country, stuart. we should not be paying people more money to stay unemployed than to go back to work but that's exactly what washington is doing. stuart: last one, make this real fast, please, stephen. the debt bond problem, we're obviously running up debt like crazy, trillion upon trillion of debt, and we always think we're going to face a debt bond problem, but we never actually do. when do we hit a debt problem? >> if i knew the answer, i don't know the answer to that question but i do know something every investor should be aware of. we just passed a marker. the debt, the publicly-held debt , stuart, is now over 100% of our gdp. 100% of our gdp. that is something we should be

very troubled about. when the debt bomb bursts i don't know, but we're in very troubling territory right now. stuart: but there's always modern monetary theory which says you just print the money to replace what was lost, and nothing happens. you got 20 seconds to refute that. >> well, it's a ride that works until it doesn't work, and you know, we've seen how many financial crisis in the last 25 years at least two or three when these debt bombs explode, so it's something for every investor to be aware of. i don't know when it's going to happen but it's a rule of economics. debts have to be repaid one way or the other. stuart: got it. thank you very much indeed, steve moore. i'm getting my stevens mixed up you see i had forbes or moore, one or the two and it's moore at the moment thank you very much stephen moore. >> thank you. stuart: we've got movers to report for you. what's herman miller? >> it's a furniture maker i was going to tell stephen it's okay you've called me stephanie in the past so what's an s name

here or there so yeah, we have herman miller today, furniture maker buying another accessories and furniture company for $1.8 billion as a cash and stock deal so if we could show you, that is up big but wall street is selling off herman miller because they've paid nearly a 40% premium in this deal and also a tesla model s, this is big news over the weekend, crashing into a tree in houston, texas, burning for four hours. stuart: yes but the losses have accelerated. >> yeah so we're down close to 6% now but this was a fireball and it was terrible pr for the company. it's a 32000-gallons of water to put out this four hour flame and the car was on autopilot at the time but no one was in the driver's seat so two passengers dying in this tragedy one was in the passenger seat and the other was in the back. stuart: can i just ask, it took them a long time to put out the fire. that is a feature of electric cars. is it not the battery? >> the battery burns.

stuart: so i'm told. >> and the fireball that it creates because of all of the electrical equipment that's involved. i was actually surprised there be a bigger fireball in electric cars, because there isn't any gas, or any oil to burn. stuart: true but if it is a fireball from the battery, that is bad pr indeed and i see it going down so 6% now. sorry i interrupted. >> do you want to check the bitcoin? stuart: yeah let's look at bitcoin. >> so we had bitcoin prices down 15% on sunday and you had the bitcoin play selling off, the grey scales, the paypals and the square, and finally i want to show you the airlines. you know united airlines came out to say their new seasonal flights will be scheduled to start in july. so more capacity, which means they are bullish travelers will come back and they're also offer ing a way for customers to upload their vaccine results on the united mobile app. stuart: so if you got the united app you've been vaccinated you can get that on your electronic and it becomes a passport. >> correct and what about

privacy we've become talking about vaccine passports. stuart: yes we have if i need to get on that plane i'll get on that plane no matter what. i want to go see my sons on the other side of the earth. still bitcoin current quote, 56, 385 bill sell-off over the weekend, it's actually a 64,000 bucks at one point. what was the problem? >> well it almost broke through 50,000 over the weekend we were like at 51,000 and change and just hovering there so the problem is regulation, there were concerns maybe the u.s. might crackdown on money laundering through cryptocurrencies and there was an announcement that may have happened this weekend. you also have china's new digital yuan now competing against bitcoin and banning crypto money which has been a haven because of the cheap power stuart: who knew. >> and you need a lot of power to mind bitcoin off turkey banning financial payments using crypto so there's a lot of regulatory headwinds i don't think there's anything new, because you go up, you come down , a long way fast and this

is only the what, the worst sell-off. 15% down, the worst sell-off since february, so only two months. i mean, imagine if a stock fell 15%, so you really have to go with the volatility but i want to show you the other cryptocurrencies it wasn't just bitcoin, xrp over the weekend but, your favorite, yes holding up we're still at $0.40 and change, so it has a market cap of $51 billion and that is bigger than a lot of established long-historied companies. yes, i know this is going to make you more skeptical so barclays, ford, young, viacom cbs, which is a traditional media company so think about it from a different perspective in terms of your risk appetite and your timeline so if a 20-year-old wants to buy in they think it will go the way of bitcoin they might have a case, right? you can afford to lose $0.40. stuart: but a 70-year-old doesn't have it. >> no, you prefer the black stones and 3% dividend yield, i get it.

stuart: i'm moving on, i'm sorry this is serious and i think pretty bad stuff. teacher's union chief randy wine garten weighing in on mother s leaving the workforce for child care but she doesn't admit it's because of school closing, good lord, we've got the story and did you hear this florida's governor slamming the cdc over their vaccine messaging. watch this again, please. >> my view is if you get a vaccine, the vaccines are effective, you're immune, and so act immune. stuart: yeah, you've got a vaccine, you're immune so act immune. the governor of new hampshire is going to join us. that state has just lifted its mask mandate. that's important. >> ♪ ♪ ♪ ♪

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get off the floor with aerotrainer. go to aerotrainer.com to get yours now. now! stuart: all right, we're not quite an hour into this session, but the big loss now is on the nasdac, and i'll tell you why, the yield on the 10 year treasury has gone back above 1.60%. that's always a negative for technology, and technology on the nasdac, down 111 points as we speak. bed, bath and beyond has launch ed a new label, it's called haven. it's for spa-inspired bath items like towels and shower curtains. what are you laughing at? >> and bath bombs too and scent ed candles maybe for the future. stuart: don't miss that, new line, my goodness, me. michigan is getting a lot of heat this morning, after expanding its state-wide mask mandate, expanding its mask mandate. ashley, good morning to you,

first of all. ashley: good morning. stuart: do they wanted to letters toddlers to wear masks in michigan? ashley: they sure do michigan mask order now includes children as young as two years old but critics of course are asking how effective will that be have you ever trade to do that with a two -year-old good luck. a number of local doctors say it is just not practical but state authorities say parents should lead by example. for instance wearing masks while watching a favorite tv show together with their child, but you know, health officials acknowledge it will be a challenge. you don't say? stuart: [laughter] you don't say. you've had a few two-year-olds in your time and have have i. ashley: oh, yes. stuart: dr. fauci says vaccinated people should still wear masks why, ash? ashley: well because vaccinated americans can still be infected with covid and in turn pass the virus on to others, dr. fauci says masks will be

necessary until more americans receive the vaccine or the level of confirmed infections significantly drops. now, he says receiving the vaccine dramatically diminishes our person's risk of carrying an infection but does not eliminate it and says people could experience asymptomatic infections an by the way the current cdc guidelines recommend the vaccinated americans continue wearing masks in public, all though florida's governor would beg to differ. stuart: he certainly would, ron desantis has some strong words on that one, thanks, ash. i want to bring in the governor of new hampshire, chris hadsunun u because the great state of new hampshire, live free or die, i like that on on the license plates by the way, you've abolished and lifted the mask mandate so you're going in the opposite direction from dr. fauci. what do you say? >> well it's all about the data you have to look at where we are the fact we're among one of the fastest states in the

country in terms of administering the vaccine so the point that you were making earlier folks have the ability to protect themself, especially those in the most vulnerable population, and the result is over the last two months we've seen the fatality rate drop about 95%, so you know, we do everything with data, we do everything in steps so we've removed the state mandate, obviously a lot of businesses will still have it, individuals we still encourage folks to wear it and to socially distance but to have that state come down with the iron fist there's really no need for that and again we'll open up a lot of our business regulations in the next few weeks as well. we've been very successful with administering the vaccine and we're going to keep plugging away. stuart: well you've got, i think , more than 50% of the adults in your state have gotten at least one jab. i think that's accurate. now, what are you going to do, you've lifted the mask mandate, what are you going to do if you get a significant up-tick in cases? >> well we always are watching cases and variants and things of that nature but i think everyone

has to understand that we may see up-ticks and rises and falls of cases across this country both regionally and nationally could be for years but it's really about protecting those that want to protect themselves and because we've made that option available of the vaccine for those who want it, and a lot of folks are taking it we want folks to take it, it's great but we're not mandating that, so within the next few weeks, 97% of folks in new hampshire that want a vaccine are going to at least have that first shot and just the next couple weeks, so the speed of the vaccine-to-administration allows us to be faster about flexibility knowing that you could see cases especially in the younger population or just folks that choose not to get it. that's their choice if they don't want to protect themselves that way and overtime we hope that more folks take it but we're just doing great and we're able to provide that flexibility and have a great summer. stuart: does your state have a problem with outsiders relocating to your state, like for example, from massachusetts, and bringing their politics with them? you're laughing, but i think you've got a problem right there

right? >> oh, sure look, we love businesses and individuals from all over the country are flourishing into new hampshire. their economy is absolutely booming. our unemployment is right about 3%. if anything we have a workforce issue, again because we're so strong economically. one thing i remind it's our responsibility to remind folks why they came in the first place , right? why you came to new hampshire because we're different. we do it a little better, we do it a little faster, limited government, local control, low taxes that's why you came. leave your politics behind. stuart: you go to florida and see what they're saying about new yorkers. all right are you going to tell us right now that yes, chris sun unu is running for the senate in 2022? >> sorry i couldn't hear you, what? stuart: [laughter] >> look, between the pandemic, managing the legislature we're the only state in the country that flipped our legislature from blue to red this time, we've got a great opportunity to cut taxes i've got enough on my

plate. we'll worry about that stuff in the summer so i'm just not focused on that right now. stuart: just make the official announcement on this program and all will be well, governor snunu >> i'll wake up one day and say i've made my decision get stuart on the phone. stuart: do that i'll have my producer give you my personal phone number and you'll be on the air, sir, chris sununu that was a real pleasure watch out for the massachusetts folk, we'll see you later, governor. >> thank you, guys. stuart: i've got a smile on my face but some of the stories we have to cover there's no smiling involved. a los angeles mom pleading with the school board, please, reopen the schools. just watch this for a minute. >> i'm sticking by the fact that you have allowed your doors to stay closed for so long and you have no sense of urgency. the dissevers you have done to every single child under your care is beyond me. stuart: okay, do you see that, the school board completely ignoring her. they are eating food, checking their phone, we're going to get into that in a second.

>> first though, our next guest encouraging remote workers to move to west virginia, with a $12,000 incentive. that man is brad smith, he joins me, next. >> ♪ ♪ ♪ ♪

>> ♪ ♪ ♪ ♪ stuart: so that's daytona beach on the atlantic side. one of these days we're going to get a picture from the gulf side of florida the beautiful beaches of naples, for example, but in the meantime you're watching that's, what is that? what was that daytona beach? i can't see the prompt any longer and we're showing you that because former house speaker paul ryan believes there will be an ongoing migration to states with much lower tax rates , like florida, for example what else did you say? >> the florida beach expert all of a sudden, yeah, [laughter] paul ryan apparently he's a tax expert now he said that the salt cape on states and local taxes in 2017 combined with the pandemic, to expose the high cost of certain cities that means there's also some bad

local government policies and people are moving. >> i think you're going to see a difference between cities like new york that do not appreciate job, creators, businesses and say cities like dallas, or in florida. so you're going to see a big migration based on cost and quality of government, entrepreneurship. >> well hedge funds are already ready to leave new york city, possibly exploring a move to the sunshine state, you know they just recently raised taxes, income taxes on the top earners here in new york city. i think the highest local combined state tax rates. stuart: you make real money you live in new york city you're paying over 60% of your income every extra dollar you earn will go in income taxes. >> those that make a ton of money are the bankers, the high flying financial people so goldman sachs and are already taking steps to expand elsewhere likely going south to florida. we know carl icahn has already left there for florida,

$42 billion fund also headed south as well and that threatens new york state's coffers and new york city's coffers. did you know that those that makeover $2 million contribute more than a third of the city's tax coffers? stuart: yeah. >> so they're gone whose going to makeup the difference? stuart: well they don't care. so long as the rich, i forget what margaret thatcher set but it's something like they don't care if the poor get poorer, so long as the rich get poorer too and that's exactly right. >> but they haven't moved just yet. they're just preparing just in case, but the good thing is that there could be a demographic shift in new york city towards more younger, high-tech maybe. stuart: okay, well there is another driver to this mass exodus and that is, of course remote work. work from home, work from anywhere. bring in the executive chairman of intuit, brad smith, whose with us this morning, because he's working to get people to move to west virginia. are you deliberately emptying

our cities? >> well, we're offering those who live in the city a better choice to move to an area where you can live, work and play at a cost of living that's 16% lower than the national average. stuart: $12,000 to move to west virginia and work remotely. have you got any takers? and tulsa is doing the same i believe. >> we have quite a few taker, stuart. we had over 100,000 visits to the website over 5,000 applications from all 50 states and 26 countries around the globe and that was in the first 96 hours. stuart: what kind of qualifications do they have to have to get the 12 grand? >> they have to be fully-employ ed have permission to live anywhere they want, have to be over the age of 18 and a u.s. citizen. stuart: why are you doing this? you're the executive chair of intuit. i'm not sure that has much to do with emptying the cities but why are you involved? >> first of all from a company perspective as the executive chair i continue to be the sponsor of your corporate responsibility initiatives where we try to level the playing

field of opportunity for everyone but in terms of my personal life and our family foundation, west virginia is the house that built me and it's an opportunity for us to capitalize on this major trend, the shift towards remote work, and have the opportunity to introduce people to why john denver said the state was almost heaven. stuart: [laughter] yeah i remember that line, it was a pretty good one too. i work in midtown manhattan, as you know, just skyscrapers all over the place and they're all office buildings. at the moment, they're virtually empty. what do you think is the chance of people coming back? i want to phrase that the other way around. do you think that 10 to 15% of office workers will not come back to the office, do you think it'll be that high of a proportion? >> stuart i think it'll be higher than that. in fact going into the pandemic, roughly 4 million people in the united states already had permission to live anywhere they want to do their jobs. it depends upon the studies you want to refer to now but

estimates can be as haya 37-47% so there's a large population of people who can live anywhere they want and why not live in a state like west virginia where you have white water rapids and mountain biking and snow skiing and being able to do your job in the silicon valley or wall street from the glorious mountains. stuart: you make a good point brad smith thank you very much for being on the show today. tell us in the future how many people you actually lured to west virginia because we'd like to know that brad smith thanks for joining us, sir, appreciate it. >> thank you. stuart: didn't know he was from west virginia but he's got action, okay? we like that. >> and with the passes as well to ziplinend white water raft that's $20,000 on top of the 12 grand as well, so $20,000 total package. stuart: brad smith should have got into that meanwhile we've got elon musk on the screen. >> he's got 20 grand. stuart: that's because spacex just won a $3 billion contract with nasa. >> so he's only a moon lander and that's take astronauts from

lunar orbit from the surface of the moon, spacex already developing that giant rocket star ship to take people to mars one day, pretty soon according to elon musk. now first though, the star ship that giant rocket star ship will drop people off at the moon as well, why not it's on the way right? it's like hitchhiking across space. stuart: it's just very exciting. >> it is. stuart: to see this genius and he is, the man is a genius. look what he's done and now he's building a moon lander, and he's saying you go to mars soon? >> yeah. within this decade but also bragging rights for elon musk because this is a space battle between the two richest people on the planet so spacex winning this $3 billion contract over jeff bezos and blue origin and also by the way this will be the first crude landing on the surface of the moon in some time. we haven't been there for a while but there's still tweaking to do, since the last three landings of the star ship as i've shown you landed in a fireball the last four to five months. stuart: so the two wealthiest

people in the world, are battling it out in space is where they are putting their money. >> well it's a trillion dollar market in the future. stuart: i just wonder what bernie sanders class to say about it. >> i wonder if we'll be able to send you to space. stuart: not in my lifetime, probably not. thank you, susan. more on space, wait for it arnold schwarzenegger has a message for that successful mars helicopter. watch this. >> when i heard about this helicopter ride, that you're going to do on mars, it was like i was so excited about that. get to the chopper! [laughter] stuart: chopper! we'll get more on that coming up for you that's a promise. did you see this? aoc no i'm sorry congresswoman maxine waters urging protesters to be more confrontational. watch this. >> you guys stay on the streets and we've got to get more active , we've got to get more confrontational, we've got to

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stuart: the market is still on the downside especially the nasdac composite which is now down close to 1%, why is that? well i'll tell you i'll show you , actually. the yield on the 10 year treasury has gone up to 1.6% okay, back down a little to 159, the damage has been done, and big tech and the nasdac down because it did hit 160. now, this. public high school students in chicago back in school today. first time since the pandemic began. grady trimble is at a high

school there, and students are indeed going back to class but wait a second. isn't there new legislation that could send them back home again, what's going on, grady? reporter: potentially, stuart so this new legislation signed by the governor expands the reasons that teachers can go on strike. it used to be that chicago teachers could only strike over wages and benefits, but now , because of this new law signed by the governor, they can strike over class schedules, hours and places of instruction and even under the old rules, the chicago teacher's union has gone on strike quite a bit, three times in the last decade including in 2019 there was fear they'd go on strike again during the pandemic, and the concern, even among people like lori lightfoot, a democrat is that the legislation could slow down the progress in school reopenings in the city. today is the first day of in- person learning for high schoolers in over a year in the city. other big city school districts have also been slow to reopen

like in new york and la and there is concern that this new law gives so much power to the teacher's union that if they don't like anything about this reopening process, they could go on strike if anything goes awry in their eyes. we should mention that it's actually illegal for teachers to strike in eight of the 10 largest school districts in the country. chicago and la, not among them. stu? stuart: thanks very much indeed, grady we'll be back to you later on this. randy winegarten is the president of the second largest teacher's union in the country and she's getting backlash over a tweet she sent out about moms leaving the workforce. ashley come back in again. what did she say? ashley: yeah. well, it's a less in in cause and effect that the president of the american federation of teacher doesn't seem to understand or get. randi winegarten said on twitter 115% of mothers with

young children left their jobs in 2020 because of child care responsibilities. now winegarten said that included being forced to stay home and watch their children when the pandemic shuttered schools around the country. i wonder whose fault that was. that's my addition. the response was immediate as you can imagine with many pointing out that the role of teacher's unions in keeping schools closed has been immense with one person asking how can you possibly post this article in good conscience? good question. stuart: oh, the teacher's union and my personal opinion are a disgrace in this particular incident. a year without school? come on. get out of here. oh, this one is for you. school board members caught on video eating, checking their phones, while a mom pleads for the schools to reopen. where did that happen, ash? ashley: well this is just simply plain awful in los angeles, in an emotional phone call a mother pleads with la county school

authorities to reopen schools and playgrounds, but as you can see , a video has surfaced showing instead of listening to her pleas, the la school board members ate, checked their phone , seemingly oblivious to the parent's anguish. take a listen. >> i'm sickened by the fact that you have allowed your doors to stay closed for so long and you have no sense of urgency. the disservice you have done to every single child under your care is beyond me. there needs to be a sense of you're again it to do something here. stuart: they're eating. ashley: well the mother urged the school board to abandon the united teachers los angeles union, saying her children and thousands of others are being held hostage. no big surprise, those concerns were ignored. stu? stuart: you showed admiral restraint there, ashley i'm proud of you, ladd. ashley: thank you very much. stuart: you're welcome, son. president trump, i repeat, president trump is issuing a warning about the border crisis.

watch this. >> people are pouring in but you'll see something as the months go by like you've never seen before. already it's like you've never seen before. stuart: yeah sheriff mark lamb will join me later he's not seen anything like it and he'll give us an update on what it's like in his county but first as of today, all adults are now eligible for the vaccine, but with the problem straight of juan de fuca and j's vaccine is creating he's pay ins to get it, we'll be live at a mass- vaccination site where they are using moderna and pfizer vaccines. we'll take you live thereafter this. >> ♪ ♪ ♪ ♪

stuart: this just coming at us we have reports that apple will let psychologistarler back on the app store. >> that's right apple has sent a letter to congress and they say that apple has approved parl er's return to the app store, forget that they removed after the january 6 riots so this decision really clears the way to flip on on the switch and possibly get back on the app store as soon as possible, according to this letter, because they've made these peoples in their

content moderation. now, as for google the play store we don't have any indications whether or not they are being released back on to the google play store, or amazon web services which we know suspended their services. stuart: just apple. >> just apple at this point. stuart: got it. starting today, it's april 19, all adults are eligible for the vaccine. johnson & johnson's vaccine, though still on pause, maybe some people are getting more cautious about using any kind of shot: lydia hu is at a new jersey vaccine side is the j & j pause all the talk there? reporter: hey there, stuart. yeah, you know people are talking about it but it doesn't seem like it's really impacting whether people are getting the vaccine, of course they're not offering the johnson & johnson vaccine here they only have moderna and you can see folks in the post-shot waiting area, they are being necessary emadeed actually, but the county executive tells us they aren't seeing an issue with hesitancy here, he says the pause in johnson & johnson is really impacting their supply

listen. >> the j & j was very valuable to us because we were doing that with the senior transportation, we were doing it with the homeless, the vulnerable, where it's one shot and it's easy to do. it's slowing it up and hoping that j & j comes back and we're able to utilize that so we can go out to the community to be able to vaccinate more and more people. reporter: but stu, while demand for pointments is strong here in new jersey only about an hour away is new york city and local lawmakers there have been saying for days that thousands of appointments are open and available and going unused, and according to good rx, about 800 counties throughout the u.s. have a surplus of covid vaccines many in the south like louisiana and tennessee so public health experts i've been speaking to say their work is cut out for them. they say more outreach is needed particularly as questions are looming about the johnson & johnson vaccine concerns that that's going to increase hesitancy nationwide, stuart? stuart: lydia you had, we hear

you thanks so much let's bring in dr. boblahita with us this morning, so doctor there's absolutely minimal risk with the j & j vaccine. look i'm not a medical guy but i don't think it should have been paused in the first place. what say you? >> i agree with you, and this condition of clotting in the central venus vein of the brain is so so rare, and we now know that what the antibody is, stuart, that's in the blood of these patients and it is also equally very very rare. i have actually studied that antibody with other conditions. it's called heparin-induced thrombocy topenia, but in this case, it means low platelets and clotting so it is very rare and the vaccine probably should have continued. stuart: has damage been done? i do understand that people are worried but i think look, has the damage been done?

>> damage has been done, you know there are a lot of skeptics out there that were just waiting for something like this to happen and the skeptics are saying oh, there's no way i'm getting any vaccine. forget about j & j's vaccine but they are worried all vaccines even though each is different, they each have a different mechanism of action, despite that, they're saying i am not getting vaccinated. even among healthcare workers i know saying i don't want the vaccine. stuart: what do you say to dr. fauci who says even though you are vaccinated, you could still have the possibility of distributing the virus. what do you say to that? >> well, you know, we simply don't know, stuart. if you're vaccinated with other people and in a closed space and you know everyone has been vaccinated, family member, clinic people, yeah you can go without the mask but if you're in a public place like a church, school, bus, airplane and you don't know whose infected and whose not, that have or have not been vaccinated, you have to

wear a mask and make sure that you wash your hands. think of the virus, stuart, as glitter. you know how little kids have these glittery toys and stuff and you find glitter on everything, on your pants, on your shirt. that's the virus. you got to be very very careful. it's everywhere. stuart: good analogy right there , dr. bob lahita, thank you for joining us, sir we appreciate it. >> thank you. stuart: got it coming up in the next hour, sean duffy, sheriff mark lamb, california guy, plus, congresswoman maxine waters calling on protesters to get "more confrontational. " i'm going to call that intimidation of the legal system , and it's the theme of my take, after this. >> ♪ can't help myself ♪ ♪ you've got the looks ♪ ♪ let's make lots of money ♪ ♪ you've got the brawn ♪ ♪ i've got the brains... ♪ with allstate, drivers who switched saved over $700

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at indeed.com/promo >> everyone is walking around like a mummy and down in florida there on the beach and not restaurant and they're not getting sick, the governor of florida is right he's saving the economy and that's why everyone is moving down there, there is still $4 trillion on the sideline. you want to remain long and thoughtful and cautious. >> the sailing go away rhetoric will be loud and proud this year. stocks are higher at year end and a lot higher a year from now. >> at 24% capital gains tax to as high as 40%, now is a good time to take your profit.

>> more profit coming up in the third and fourth quarter, that is the stuff that rallies are made of, the s&p 4500 by summers and, this is no longer attack rally is an american valley ♪ ♪. stuart: marky mark and the funky. >> audience didn't see it but you're getting funky. stuart: we have all kind of stuff going on, 11:00 o'clock eastern time monday april the 19th, check the markets, there is a downside move i see red ink the dow is still low at 34000, the nasdaq is at 125-point and here's why the ten year treasury yield all over again it is now in retreat, maybe you will see a bounce for the tech stocks 1.58%. follow the yield that dictates

the course for big tech, or it has read, now this. congresswoman maxine waters is encouraging racial confrontation. she visited the scene of the already deadly riots in minneapolis and made inflammatory statements derek chauvin is not found guilty of murder then we've got to get more confrontation, with the chauvin verdict expected this week that is the very least you're responsible, it's intimidation as well, waters is saying if things don't go her way there will be hell to pay barron mind over the weekend a pig's head was thrown onto the former property of the chauvin defense witness. congresswoman waters did something similar three years ago when she urged at best

physically in many were confronted. no member of congress should incite violence and no member of congress should intimidate the legal system. separately over the weekend a 7-year-old girl was shot to death at a mcdonald's in chicago, she was in a car with her father. the car was riddled with bullets. police shave the shooting was likely gang-related. has anyone suggested the gangs be intimidated. will they'll be protest against the killing of blacks against other black people, have not seen it yet has maxine waters said anything, i don't think so. in the district where shootings have doubled in the last year, the new york post says any assignments and moved to a vote in congress to remove her from office i applaud that. the third hour of "varney & company" is about to begin ♪

♪. stuart: i said it i think congresswoman waters should be removed from office, that is sean duffy and i want to know what he thinks. >> i don't necessarily disagree. it's troubling you have a lawmaker that does not advocate for following the law. we would think maxine waters would say we want them to hear all the evidence and we want them to apply to the law and make a decision of guilt or innocence, we don't convict people before juries that are supposed to be impartial to hear the evidence, that's what she's advocating for and you mentioned in your monologue, she's done this in the past and i think there's going to be growing outrage especially from those on the hill that saul maxine waters looking to those who had questions about the election and led to a riot on january 6, why should they be held accountable when she is promoting people to

behave per enter poorly on the sheet to minnesota. stuart: can you really see speaker pelosi taking maxine waters off of her committee assignment, can you really see that can you see them opening up to be removed from congress, you know that's not going to happen. >> she shares the financial services committee, the one i served on she's very powerful, i doubt she will be removed because there's one standard for republicans and republican members of congress in aes sfft d focratsemts dandbersem theemy t gheety get ithihng tshi tnghast thablicanby th wi if ouif c yifldivld gsaes thege the , le mgehoul bed be le people wplhoe a wreho a vibengha pvioohavi incralim rcraloral georg geeorge rge arres atrrrr ho i resistititi starrearrere, h,orri hbl hshing enhaedpp tenut i yut foment dirntec dtiironec preyrett wellfouou stre asirrre at,ou ir you wcaherrecaoureanoura a g

e messagmee smee sd be l's not riots, let fetw direc dirs fr pe offic oerffs and notot resist asind wsiend w will notav thesthessults,has,t'ha messagege th maxe shouldhoulho g stuart: before wese i hav hav to ask yousk, are youre y sti sg bitcoin, you buying more bitcoin. go on, it's $55000 a coin down from 64000 over the weekend, are you still buying. >> it was down into the low 50s when i bought it 52 and 53, i keep adding i am bullish, people are concerned of rules and regulation coming from the u.s. government but our currency $30 trillion in debt, some say it's not a good hedge i think it's a great hedge on inflation and i think it will continue to go up and especially the smart money that comes in. i think this is a great play, i did dogecoin and i've done very, very good. stuart: when are you going to

retire. you do understand the dogecoin is a bubble, you do understand that it is a gambling chip even though my calling susan would disagree with that but you do understand the risk, i am surprised, you are taking risk of the sky and you have nine children, i am surprised, really surprised. >> if i don't take risk, going to paper weddings in school, have to do something to pay for all these kids that i have coming up. again give me a little bit of gold, bitcoin, doug coin, that's why. >> does coin was less money but it's grown nicely so i'm going to ride the lightning. >> yes you are get susan on. stuart: you want my colleague to invest and does coin. >> bitcoin. stuart: doge coin is the idiot

coin. >> the idiots are laughing all the way to the banks, let's not go too hard on them. stuart: it's the idiot coin not the idiots who invest in it. i think i got myself out of that one just about. i want to continue on this. chaudhary and is with us and he is a big hitter on wall street, and he is the head of goldman sachs personal financial management team. talk about a big hitter he is with the cities on the show right now. i bent over the weekend all kinds of people and for the past year or so say should i sell, should i get out, why don't i get out and take my money, what do you say to those people when they ask those questions. >> happy monday, great to see you and nice to have the spring upon us. were hearing what should i invest in next, were at annexes where people right now are more

concerned of listing out on market gains. in the news has been really good and in full swing exceeding expectation and even though the market is quite expensive on many majors, we've seen earning forecast been revised by the next quarter and 58 earnings, it's a 29% increase in the cost continue to be good for the rest of the year. we have a lot of money on the sidelines, the excess savings rate because people cannot spend money is almost $3 trillion, people have a pent-up spending that is going to happen and we have additional $2 trillion stimulus package coming in, there is a lot of reasons why you do not want to be selling your equities if you been a part of it so far. we are well overdue for a

correction and they typically happens every two years, will get a 10% correction we had a 5% drop a little bit of go and were obviously at new highs across the board and there's obviously specular bubbles, you mentioned the names and i'm overly concerned, what you will see is things that are not grounded in fundamental earning and value they tend to be, you solve bitcoin a very meaningful decline and then it was gone but i think you need to make sure you don't take more risk that you should because the markets are not going to continue to go up with no downside as they have for the last four weeks, i think you just have to be prepared for surprises along the way. stuart: i'm 20 seconds left, if somebody comes up to you and says i own dogecoin, i bought it, would you tell them to sell it now and take the money. >> i am not smart enough to know

when the joke has started as a joke, i would always say when you make money, make it hogs get slaughtered and pigs go to the market, when i made money i like to put in the bank and invest in things, to me as a gift from heaven and unlike bitcoin dogecoin i don't know what the fundamental value with, to me it's a speculative bubble and that's my opinion. if you make money put in the bank. stuart: leave it right there joe durand another man with an accent, thank you for being with us. always appreciate it. susan: that thinking is does coin is worth $50 billion and only took eight years to get to that gap, it took bitcoin nine years to get to 50 billion but look at how bitcoin has done in the four years afterwards it has doubled and tripled and got up

900%, the thinking if you're paying 40 cents a coin why not get ahead and find the next bitcoin if you can make 500% up from that level. younger people that want more than 3% yield on the blackstone holding. stuart: big tech in the crosshairs, senator josh hawley is going to introduce a bill today to bust up big tech, what does josh hawley want to do. susan: he's talking to amazon and google in particular marketplace but also sell their own goods as well, to examples in the bill it was basically banned amazon from being there amazon branded products on amazon marketplace and also banned amazon from simultaneously owning a large truck and operating cloud computing services that many online companies use and they

continue to run it so they can decide who could get on the actual platform itself, it will allow individuals and companies to sue amazon or google for violating these rules josh hawley introducing legislation that made headlines and he wants to be on mergers and companies that are worth $100 billion and he argues woke companies like google and amazon have been coddled by washington politicians for years, what this retroactively take back and they break up facebook in the instagram and whatsapp, probably not but acquisitions in the future i think that would be what they're looking for. >> it would be difficult to undo. thank you very much indeed, the actor matthew mcconaughey is think about running for office, how well he would he do if he got into politics. we have a very surprising new poll on that. we will show you. california democrats want people to unsigned the recall petition

for governor newsom. can they do that, we will find out. new heartbreaking video shows another migrant child abandoned at the border, roll tape. stuart: arizona sheriff mark lamb is here on what clearly is a border crisis. he is next. ♪ we love our new home. there's so much space. we have a guestroom now. but we have aunts. you're slouching again, ted. expired. expired. expired. thanks, aunt bonnie. it's a lot of house. i hope you can keep it clean. at least geico makes bundling our home and car insurance easy. which helps us save a lot of money. oh, teddy. did you get my friend request?

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when sean hannity for his first on tv interview since he left the white house for here's what he has to say about the border crisis. >> people are pouring in but you'll see something as the months go by like you've never seen before, already like you've never seen before there's never been anything but top another border and people are coming in by the tens of thousands. stuart: watch the rest of hannity's interview with mr. trump tonight 9:00 p.m. eastern that is on fox news, now i want to bring in the sheriff of arizona mark lamb a frequent guest on the program and a great guest, have you seen any cut in the flow of migrants going through your county, your only 50 miles from the border. >> there has been no cuts, thank you for having me on, it's increased, this is like what it was during obama but i often refer on steroids. the more children, the more women and because the government said they will not turn them

away the cartel are pushing more men and women in military aged, we have not seen a cut, we've seen a huge increase in our county. stuart: vice president harris is blaming climate change for the surgeon migrants from central america, you talk to these migrants, the factor bringing into the u.s. >> honestly that is so ridiculous i don't know how dumb they think the american people are, they're just trying to grasp at the straw and trying to blame president trump and climate change, this is ridiculous everyone that we stopped, the reason they say they're here when they do talk to us is because of item policy, that is why were here they think that we can get into this country and not have to go to the regular process that's been set forth by congress and senate and they want to circumvent that system and they believe it's because of biden, not a single

one mention climate change that is a ridiculous notion and i can't believe the media is even running with it. stuart: as they come through your part of arizona, you have a stream of people coming through, what is the local reaction, what do local people think about that, i'm sure they have a good heart nobody wants to see kids abandoned in women making this trip but what is the general feeling as they stream through your county. >> people in my county hate it so to the people in arizona, even the people on the democrat side still don't like it. there is a process in place and that's what they're asking follow the process we are gathering together as sheriff's across the country have a whole group of sheriff's coming tomorrow under protect america now and please check it out, we as sheriff's from across the country are feeling the effects of this not just in arizona and

in my county this is a problem across america and americans are frustrated and we are giving them a voice and we want them to stand against this and fight against it because it's ridiculous what they're doing to our community. stuart: always a pleasure, i'm sure we will see you again. the border patrol found an abandoned 10-year-old near the southern border. watch this again. [speaking in native tongue] stuart: it is tough to watch, i want to go to blake burman at the white house. there is questions on whether the migrant children are being housed in my question are foster children they forced from their homes to accommodate the surge of migrant children, what is

going on. >> there are questions about where migrant children could potentially be housed in a couple of republican lawmakers are highlighting the case in the seattle, washington area, according to a local report a nonprofit has had to change his resources to unaccompanied minors, those lawmakers have written to health and human services to the inspector general and here's what they write in that letter, they say we request they examine the extent to which children in the foster care system are being impacted by the need for placement for unaccompanied children, this is one case and not a nationwide issue as far as we know, we have seen in the recent days governor's express opposition to housing unaccompanied minors in their foster care system, for example the governor in south carolina henry signed an executive order barring the possibility while

pete has signaled his opposition. rick has said the biden here's a administration is contacting states to take the children, nebraska is declining their request because we are reserving our resources for reserving our kids. stuart: blake burman at the white house. thank you. actor matthew mcconaughey is leading texas governor greg abbott in a new poll by how much? >> the poll shows 45% of the 1100 registered voters would back mcconaughey for governor of texas, 45% compared to 33% for incumbent greg abbott, the survey by the dallas news and university of texas shows they perform much better with democrat voters, 66% of democrats say they would support him versus 30% among republicans, 40% of independents say they would vote for mcconnaughhay.

what is unclear, whether mcconnaughhay who has criticized both of the major parties would run as a republican or democrat. my guess if he does decide, which he said he's given true consideration, we will find out. stuart: staying on hollywood, luke bryant gets top honors at the academy of country music awards. watch this. >> i am so sorry i cannot be there, i missed certainly been able to do my songs and all the winners tonight, congratulations, you got me. stuart: he won the award from quarantine. days after testing positive for the virus he was supposed to perform at their wards, he appeared in quarantine. actor arnold schwarzenegger is reviving one of his most famous movie lines.

>> this is a chopper. stuart: get to the chopper as part of a shout out which we will explain. i promise. first california governor gavin newsom will not guarantee that schools will be open in the fall, can you believe that, not back to full-time school and maybe not then either, that is incredible, we will deal with this in a moment. ♪

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♪ ♪ california dreaming ♪ ♪. stuart: california dreaming as you're looking at santa monica sunny in california. one mother pleading with los angeles school board members, reopen the schools, but they seem to not care. watch this. >> i'm here to tell you i been

silence bite ucla over and over again because my narrative goes against what they are trying to push, thousands of others are being held hostage by the organization. we see the quality of the zoom instruction and it does not equal a good education, i do the majority of work out home. stuart: tom del beccaro is with us, a california guy, you say governor newsom cannot or will not guarantee schools reopen in the fall of this year, why not. >> you know the growth and unionization of public employee unions in california that's where the power is to andy does not have the ability to bring them to the table and to do what everyone of these parents want, the simple answer gavin newsom is not strong enough to make the unions come to the table and get the kids back in school.

stuart: you're a republican in you will feel the republican candidate for the governor torreon election in california, if indeed newsom is recalled, you cannot tell us, that a republican would have the power to make the schools reopen in the fall but they don't have the power either do they. >> we are going to have to see the lawsuits are continuing to come through they lost at the supreme court a number of times recently with regard to these things and some of the candidates are outright saying they will act like reagan remember with air traffic controllers something has to give but newsom has already signaled if you go into negotiation and say is likely not going to happen, we need someone else that would take the case to the california people as to why this is important, clearly newsom is not it. stuart: would you and the republican party in california supported candidate who says if

you teachers are not back in the classroom, you will be fired, that is what reagan did 40 odd years ago, you want a republican to say the same thing. >> currently one of the republican candidates has said they would suspend collective bargaining rights if that was the case. i do think this is headed for the courts but no question the republican candidates need to take a harder line and i expect one of them to come out and say it is time that they be fired, whether that would work or not will have to see, but the game has to be change, the negotiation has to be changed. >> california democrats at least some are pushing for new law that would reveal the names of the people who signed the recall petition, that is what they're pushing for, what is your reaction to that. >> they clearly want to chill this process and what they want to do is give those names to newsom, somewhat to retroactive

go forward but they want to stop the recall process, the whole point was to put a check on runaway one-party government so this is really important we think it's unconstitutional and we had rescue california.org are bracing for that and we will go to court over it. stuart: do you think governor newsom will be recalled and will be replaced by a republican. please don't tell me that's what we ought to do, i want to hear were going to do that, by the way if you have more than two or three republican candidates in the forthcoming election i think you have a problem. >> that could be but nancy pelosi has shamed any democrat and warned them not to get in the race there is a pool of 58% don't want him running again next year, that is the third of the democrats want him to move on is more likely than not that he gets recalled and the republicans if they are wise will choose one candidate over

the other and will have to see how that goes because republican egos don't necessarily fall in line like the democrat unions forced democrat candidates to fall in line. stuart: your state is in deep deep trouble, tom del beccaro, thank you for joining us, see you again soon. the former governor of california arnold schwarzenegger has a message for nasa, what is that all about. ashley: no it's not, i'll be back but another of his famous movie lines, remember this. >> when i heard about the helicopter ride i was so excited, get to the chopper. ashley: he's in a good mood, get to the chopper, you played it from the movie in celebration of the helicopter flight that nasa is conducting on mars he

repeated how fantastic it is to have the first helicopter take after mars and say he can't wait to see what the footage looks like, we do not see any images from those predators. stuart: what are we looking at now that looks like helicopter video that you don't see very much that is obviously the helicopter. ashley: if that is the helicopter were not seeing what images it's actually from the rover itself, it is very short flight but these flights will start to become longer in duration but making huge history to have a helicopter launched from that space rover for the first time ever on mars, it is massive accomplishment. stuart: technical brilliance. ashley: incredible. stuart: spacex they want a nasa contract to land astronauts on the moon, spacex is going to work on developing the first

commercial that will bring the first woman to the moon. that will be nearly $3 billion. tesla is down for other reasons. youtube star jake paul showing off his piles of cash from a pay-per-view fight this weekend, you will not believe how much money this guy made, we will tell you, you will be surprised, national average per gallon of gas $2.87, that is probably going to go up in the near future thanks to president biden and we will have a report on that after this. ♪

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for well over a year showing you sixth avenue midtown manhattan and telling you whether it's getting a bit more crowded or not, my verdict is a little bit more active but it's nothing like it used to be 13 or 14 months ago, nothing like it at all, nothing like it yet. china's ever grand a new energy vehicle group electric car maker worth $87 billion, a big number, are there any sales? ashley: what sales they haven't sold a single car under its own brand the company is china's largest property development that have many investments outside of real estate from soccer clubs and also that electric cars, the shareholders have pushed the stock up more than 100% and has a market value

of $87 billion, that is greater than ford mgm but the company has repeatedly pushed the car production target in the latest 5 million cars a year by the year 2035, but there are plenty of skeptics saying this company is late to the game and it lacks industry knowledge and competing with more than 400 electric vehicle makers in china in more than 400 companies make electric vehicles in china, that is mind-boggling. >> there will be a shakeout at some point, well they're not. a national average for the gallon of gas $2.87. i want to go to jeff flock joining us from indiana are we gonna see $3 gasoline prices this summer. >> yes, you may even see $4 gasoline prices this summer,

that is because were recovering and there's tremendous demand for gasoline in the refineries like the one that you see behind me this is bp oil refinery in the world by the way northwest indiana cost the demand and capacity is growing to the largest since before the pandemic is this a loss him will see a run-up in prices and demand because president biden in the green new deal in the paris accord in the consultancy mckinsey did a study if the paris accord 16 by 2050, demand for oil in the world will be down by 70% and the price of a barrel of oil could be as low as $10 a barrel there will be less demand for oil bad news opec will have more of a market share

because it's easier to get oil out of the ground in the middle east but they will have less control over pricing because they won't be as much need for oil. the oil companies like bp and shell in the rest stay there on the green bandwagon shell and bp say there to be net-zero companies by 2050 and exxon mobil and chevron say they carbon pricing, spending for that they're spending on green energy actually doesn't match the message according to the study bp spent 2.3% of its capital on green energy over the past ten years 2010 - 2018 shell, chevron, exxonmobil very small spending, they're trying to have it both ways. stuart: jeff flock, see you later thank you. remember the sign is says no one wants to work anymore, that is a huge problem across the country

one restaurant may have something of a solution, we will tell you. if you're interested in celebrity fights we will introduce you to a guy named jake paul, i think he's the guy in the yellow trunks and he made a fortune. will be back. ♪

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only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪. stuart: fort lauderdale could it be an earth cam on a cloudy day for florida it looks nice and warm and comfy, one restaurant in south florida spending thousands of dollars to help cope with the staffing issue. what are they spending the money on. ashley: robots in hollywood florida has invested in three food-service robots performing various tasks assigned to human service, the owner decided to invest $30000 because the restaurant was struggling with hiring staff the robots are

being used to greet customers, help them to their seats and even run food to the tables, human service are still taking orders in the robots were singing happy birthday to customers in four different languages, the question is, do you tip them. stuart: would you. ashley: no. stuart: i knew it, me too. show me mcdonald's they are teaming up with the bts starting may 26, fans can order that group's favorite meal, this is part of a series of celebrity collaboration at mcdonald's, the stock not reacting to that that all. youtube star jake paul says his pay-per-view fight brought in $75 million this weekend not all of it went to him but that is big money i want to bring in

mike known as guns to myself and my colleagues. first of all, the guy in the yellow trunks, he is a youtube star, a nasty character i understand, he insults everybody, sometime ago he be in the boxing ring a very good boxer. over the weekend he knocked out a wrestling start in 20 seconds and he made a ton of money, this is a new thing celebrity fighting on youtube. >> it's a new wave from a sports fan point it's almost like mocking the boxing industry but from an entertainment perspective is seems to be working i stayed up and watch it was a four hour boxing event but has performances from justin bieber, ice cube, snoop dogg, so

is pete davidson from "saturday night live" there was not too much boxing going on but he did work from the company, they are social media apps, it worked from their perspective because jake paul is claiming they did over a million and a half, it was $50 for each person to purchase this that would be around the 75 million-dollar mark and it kind of shows is this the next thing for boxing or the entertainment industry, i tuned in and spent four hours watching it and so did social media because it was treading all over the place, i thought it was a joke and i wanted to see jake paul lose because i'm not a big fan because of his antics on youtube but i think they will keep doing this unfortunately for most sports standpoint, this celebrity pseudo- boxing is the next wave of what we will be seeing. >> what attracted me is a demographic, i was told about

this, i was told about it by my grandchildren for heaven sake and 13, 14, 15 years old they were glued to this in a couple of my children in their 20s, that demographic is going to turning sports into. entertainment, that is what's going on, what is amazing to me the number of viewers in the amount of money going in there. >> jake paul was one of the original influencers and you cannot deny how important how much he is bigoted he has 20 million followers on youtube so people will hire him or do public events so he can keep raking in the money and you're right the whole entire tiktok social media craze that the teens in the jen's visa millennial's, that is the way that the media industry is going, people watch the influencers and bring it in the young demo that can be vulnerable at times and willing

to spend and pay that money and all that the advertisers care about that's happening with influencers and how much credence they have. stuart: you better get in while you can because pretty soon you will be too old for this. thank you very much, see you again soon, ashley and i both love soccer and right now a dozen clubs performing a super league this is a big deal. >> absolutely hate it but giants of european football, athletic, chelsea barcelona, liverpool, i question this topham but that's beside the point, listen if you notice there is no big german teams or french teams, no psg because they are not interested it does provide the founding clubs to receive more than $4 billion between them and therein lies what's going on

super green taking over the big clubs that lost a lot of money because of covid now they're trying to come up with the super league in europe that elsewhere has been greeted with outrage and anger, it rips european football as we know it and ice assume you hope it falls flat on its face. stuart: strong stuff from ashley. ashley: absolutely hate it, it's terrible. can you discuss more tomorrow, should they be in or out, trivia question of the morning what is the medium back under bank account balance in america, the answer a couple minutes away. he needed his insurance to get it done right, right away. usaa. what you're made of, we're made for. usaa . .

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stuart: what is the median bank account balance in the united states? more half, more less? the answer is $5300 a bit more i was expecting, ashley. david asman in for neil today. thank you so much it is yours. david: welcome to cavuto "coast to coast." i'm david asman in for neil cavuto. a busy two hours ahead as the stocks start off the week in the red. vaccine eligibility expands coast to coast to everyone over the age of 16. will a pause in the j&j jab lead to a pause of people vaccinated overall? we're live from a new jersey vaccination site with the latest. as restaurants return to put business as usual, many are struggling to get staff to