snack. high water content keeps you hydrated. source of vitamin a and c. i'm a grapefruit guy myself. not much of a gain for the nasdaq. gamestop, they report earnings after the bell they are $307 a share. bitcoin, 36, thousand, it is rallying. neil, i'm out of time but it its yours, sir. neil: good to know that watermelon thing, cocktail party conversation info. i heard it on "varney." thank you, sir. we got got a lot, big social help. i appreciate that. the dow slipping a little bit right now. the story could be all the meme stocks. that group includes wendy's, a host of other players that seem to be bucking the short selling trend. they were for a while. we're getting behind that. the president also on the way to europe.

he will travel a while, first foreign trip as president of the united states. he will be gone two weeks. meets with the top leaders, european nations. for the queen, this will be her 14th u.s. president dates all the way back to harry truman, shortly after she became queen. i wonder how she rates them with baseball cards and all the rest. curious about that. you all again? joe biden. get the read on all of this. blake burman whose history of presidents because he is so young pretty much goes back to obama i think. blake, what is the latest there? a lot of pressure on the president. this is a biggie, this trip. reporter: there have been four presidents in the u.s. history, right, neil? is that what it is. neil: something like that. rub it in. rub it in. reporter: always fascinating when you see the first foreign trips for presidents where they go, what they decide to do, who they talk to. this was obviously delayed due

to the covid-19 pandemic. president biden travel throughout europe for little bit longer than a week. certainly focus on a couple different countries outside of western europe for sure. here is the president when asked earlier this morning about his main goal for his first foreign troop. >> alliance, make it clear to putin and to china europe and the united states are tight and the g7 is going to move. reporter: a bit of a schedule here for the president. he will land into the uk in a few hours. a meeting with boris johnson tomorrow, g7 leaders friday and saturday. the queen of england as you mentioned on sunday. off to belgium with more meetings with allies. he will attend the nato summit. perhaps the most focus on the final leg from the trip. one week from today a meeting in switzerland with vladmir putin. president was asks if he works out anything with russia

regarding recent cyber attacks in the u.s.? president, quote, who knows at this point t will be a subject of our discussion. neil? neil: blake, that very much. our friend blake burman at white house. covers it so well for us. we're lucky to have him. rebecca heinrichs, lucky to have her. she is a cynic when it comes to particular meeting between vladmir putin and president last time i had pleasure to speak with her. rebecca, you said you wouldn't go to the meeting with putin. do you feel the same way? >> i do feel the same way because joe biden squandered a lot of leverage that he inherited from the previous administration and so he is really kind of coming empty-handed lifting the sanctions on nord stream 2 right ahead of the summit. that is problematic that is a big concession to the russians and germans who wanted this very badly. it sends the wrong message, with the cyberattacks they came out of russia. the russian government denied

having anything to do with them but they require tacit approval from the russian government to be carried out. so really you've got a flat defense budget that the biden administration rolled out too. really joe biden is not coming in with a very strong hand. i wouldn't have this meeting, not right now. neil: all right. it is going on nevertheless. they have not listened to you, rebecca, i don't know why but having said that, i wonder what becomes of it because these hack attacks, whatever you want to call them increased with frequency and severity. whether they're coming with the blessing of vladmir putin and all of them are part of russian-based, we do know they're substantial and we do know the russians have the ability and technology in hand. many back in this country have urged the president to hack back. in other words, if they're going to do this to us, we have the means to do it, far worse to them. what did you think of that? >> you know i think that's

right. in order to retaliate in a way that causes the russian government to understand they have got to stop this, they make sure this is not originating from their country, you have to exert a cost that makes it so that they don't do it. and so whatever we have been doing it hasn't been working. we have to do something different. i want to circle back, neil, something i think the president is right in terms of his aim that he wants to have a strong alliance to send a message that we're tight and that we're strong and that we will deter the russian federation, the chinese government. i think he is going about it all wrong. he is essentially just using, hoping that with all this goodwill extending the new s.t.a.r.t. treaty against the russians without asking anything for it, rejoin the paris climate accord, waiving the sanctions to please the germans, he is going out of his way to do all this, reentering the w.h.o.,

essentially saying that really the problem with donald trump primarily, and i'm not donald trump and so i'm going to do something different here and really sing kumbayah with allies and partners. what he should have done, neil, he can speak postively from a united front but then use that leverage, that he inherited and pressure the germans to do, to eschew the nord stream pipeline and allies and partners deter china and russia. instead i don't think this approach will work. he doesn't understand the power politics and leverage that is needed to get our allies and partners to do what is in their interests and our interests. neil: rebekah, raised with this before, chinese apparently upped the anteon the defense spending i'm wondering about taiwan. crazy as it used to seem they would invade taiwan it is not so crazy anymore. i'm just wondering what all this

buildup is and provocation is about in that neck of the woods because china has really increased the tensions in that region and i'm just wondering is it previewing action? >> it is my number one concern. if you were to ask me what i'm concerned will happen in the next few years that would have the greatest detrimental impact on american preeminence, the u.s. head order, it would be that china would aggressively go after taiwan. taiwan is democratic nation punches far above its size, its weight. great trade partner. we need it for their semiconductors. we need it for the geopolitical location, the military location. unsinkable aircraft carrier that allows the united states to project power with open seas, if

china takes taiwan it knocks america's credibility of providing assurances, security assurances to japan to, australia. so the stakes are very high for the united states but they're very high for china. xi xinping made this a priority of his. the best thing we can do getting back to working with allies and partners to show a united front. not just rosy talks like joe biden is saying. actual hard power, military commitments to the region to deter the chinese from doing anything aggressive against taiwan. neil: i wonder if the chinese are factoring if we invade taiwan, god forbid it comes to that, we wouldn't respond, we wouldn't tempt a world war in response? is that what it could be, what do you think? >> that is my concern. my concern there is too much misunderstanding. things are very vague. we intentionally had strategic

ambiguity, we want taiwan to be clear, but haven't been more clear other than providing it defense equipment to defend itself. i think time to lean forward, turn that dial to clarity more, away from strategic ambiguity to clarity, saying that the united states will not china seizing taiwan. the more we lead and do that, the more we'll inspire and encourage other countries to lean forward, to the australians, japanese. we need, again we don't want to fight a war over taiwan that would be a disaster. we need to do things now to deter china from thinking they have a shot at it. neil: all right. rebecca heinrichs, thank you, i think. let's hope cooler heads to your point prevail. other developments in washington we're keeping a close eye on. apparently discontinue ages of the talks going on with infrastructure, president essentially called the west virginia senator, shelley moore capito, we're not getting

anywhere. these talks are off. that has not stopped a number of groups, problem-solvers caucus and others to come up with plans of their own to avoid this. or this could all be just drama and bargaining chip here to force people back to the table. let's get the read up from missouri congressman jason smith, sits on the house budget committee. house ways and means committee. congressman, what do you think? are these talks done? if you had to place a bet infrastructure could happen, a bill could be cobbled together, what do you think? >> i would hate to predict anything that the house or senate democrats or the white house is going to do, but what i will tell you, it is quite simple. republicans and democrats all want infrastructure. our roads and bridges are crumbling. if they want to make sure they pass a piece of legislation with 300 plus or more votes in the house and 60 plus votes in the senate, make it on real infrastructure, roads and

bridges, locks and dams, airports, broadband. if you do that without all the tax increases which you can do, because we have over a trillion dollars in unspent money from the six prior covid packages, do that, you can pass it very quickly and you can help rebuild our roads and bridges. neil: that sounds a lot like what some of your democratic and republican colleagues in the house have come together on, sort of a problem-solvers caucus counter bid to what has been rejected by the president that calls for 761 billion in new spending over eight years, and another 487 billion from funds already appropriated for variety of other things like covid i believe, congressman. would you be open to something like that? >> if, i'm open to make sure that we are not raising taxes. that we are using the existing money that has already been funded to help rebuild our roads

and bridges. the original proposal, how ridiculous it was, it was $2.3 trillion. less than 6% went to roads and bridges. less than two president went to locks, dams, airports. less than 5% to broadband? think about this. understand how much $2.3 trillion can carry and cover, you can build the national interstate highway system in today's dollars, four complete times for 2.3 trillion. it shows the biden administration, they're really focused trying to move the progressive wish-list items. that is all the green new deal proposal, funding for quote, human infrastructure which is a definition they just make up. neil: congressman, while i have you here, you met a few weeks ago with president trump at the trump tower in manhattan. i believe it was a little bit before memorial day. and there had been talk you were looking for his support if you decided to run for the open

senate seat in your state. can you update us on any of the above? >> you know i definitely, i met with the president a few weeks ago t was a great meeting. of course he is very concerned about what president biden is doing and socialist democrats and trying to destroy what was the best economy in the history of the united states with low taxes, low regulation and the best trade agreements that country has ever seen. he is very concerned about how this administration is pushing back. i did speak to him about the missouri senate race and all the people that is looking at it. i will put my conservative record and my, my record for fighting for working class families, farmers, small businesses up against anyone. i will also put my record of standing up for the america first agenda and supporting president trump and not running away when things got tough, amongst any of the candidates looking at it. neil: did he indicate to you,

i'm sorry, congressman, did he indicate to you that he would support you? obviously others are trying to curry favor with him? where did you guys leave it? >> i bet you would love for me to say on this air. i will not do that. the president will be president trump will be very involved in the missouri senate race, will make sure his person crosses the finish line. neil: so if it is not you and someone else, how would you feel about that, that he endorsed someone else? >> i have no doubt that he is going to be with the right person. so we'll see as time goes ahead. neil: oh, you tease, you little rascal, congressman, we'll see what happens. thank you very, very much. jason smith, republican of missouri, might be running for the open senate seat there in light of already gotten early favor from the former president donald trump. we'll keep you posted on that. keeping you posted right now on a whacky day for meme stocks. they're not going one way after

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♪. neil: all right. it is beginning to be a trend. chipotle now says it will raise menu prices up to 4%. i don't know all menu prices but this in response to its commitment to hire more workers. in fact post-pandemic more than 200,000 workers across the country, with $15 an hour minimum wage jobs. sometimes higher than that. now the big question whether customers will pay that. let's go to scott shellady the cow guy at ag optimist. shana sissell, spotlight asset group chief investment strategist. what do you think, guys? shana, i don't know if you're a chipotle enthusiast that you would pay 4% more to help them out, what do you think? >> i think people will continue to to go to chipotle, i don't think 4% price increase will decrease significantly demand. americans in general have high savings rates during the pandemic. there is lot of extra money out

there. wage inflation is going to be our reality. we have a labor shortage as a result of some of the fiscal policy decisions that have been made. and, in essence that means wages have to go up. keep in mind, inflation going up, food costs and all those inputs, as long as there is corresponding wage inflation it is not as big of an impact on individuals as one might think. if there is inflation without corresponding wage inflation, then that would be a problem. neil: got it. by the way, guys, i might have misstated it. the company is actually seeking to hire 20,000 people across the country for the summer peak season and staff 200 new restaurants it also plans to open this year. scott, the ceo, brian nichols, said it made sense in that scenario to invest in our employees and get these

restaurants staffed and make sure we have the pipeline of people to support our growth. in other words, saying this is a trend and this is something we think that our customers will understand. now if you limit it to 4% maybe they will. i guess the question going forward if this gets to be more than that, what do you think? >> well, there is two things that are going to happen. number one is that the customers stop showing up or number two, instead of investing in people they invest in machines. i was in london for 16 years of my career, towards end you couldn't find a person behind counter in any fast-food restaurants in central london. you have to be careful what you wish for. knock-on effect, municipalities can't tax a machine. municipalities lose money because they can't tax the person. funny how we have labor shortage with nine million jobs still unfilled. here is, i'm a little more skeptical than most people on this one. this is the passive aggressive

government saying hey, keep these benefits high. let's keep the, tight labor force numbers high, because then we can sit back say we didn't mandate a 15 dollar an hour wage, the priority sector did. they will do that with the vaccine. we didn't mandate a vaccine passport, the private sector did. this is the passive aggressive government stepping back watching middle businessmen trying to get people on board, having to raise wages to do that, come out of their pocket. by the way, that swath of business, small business in america is fighting such a battle for labor, b, inflation in the products they're buying. by the way they just come off of a government shutdown for a year. they have been beaten up sew bad, this is the absolute last thing they need. the world doesn't make sense. we have nine million jobs going wanting but we've got jobs packages out there and the like.

we'll see. at some point in time the people won't pay. at some point in time the machines will take over. neil: yeah. well as long as they keep my sandwich hot. that is whole another issue. guys, we'll have you back a little later to explore more this inflationary spiral we seem to be in on how far it goes and how bad it gets. right now relatively contained, there are worries with oil in and out of $70 a barrel, seemingly living there of late. fears not realized on the bond market, where the yields on the 10-year were below 1 1/2%. they were before i was coming up here. those are levels we have not seen since early march. if the bond market is scared of inflation, the stock market is scared of inflation what is the old saw we use? they have a funny way of showing it. stay with us. ♪.

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neil: catch a train? catch a shot? that seems to be what is coming right now out after lot of cities and states trying to find any way they can to go ahead and get vaccinated in new york's grand central station. they will tempt you before you get on or off a train to get the shot there. lydia hu at grand central station to tell us how it is all going. hey, lydia. reporter: neil, we're just in front of the pop-up vaccine site run by the state transit authority here. there has to be a steady stream of people walking in and out. you don't need an appointment. they are offering the johnson & johnson vaccine. you don't have to come back for the second shot. that encourages people to pop by to get the shot. listen to this. >> there is just a group out there that either they work late or in a location that they don't

have pharmacies or other, large vaccinations centers near them. this gives them opportunity to come into work to give them a shot. that group of people we think is the next real group, we need to focus on in order to reach out the herd effect. reporter: part of an effort to make the shots more than available, unique places like casinos, ballpark, abandoned shopping malls. all the efforts by state and local governments as we try to reach the nationwide goal set by president biden to have 160 million american adults fully vaccinated by july 4th. also to have a 70% of adults having received at least one shot by july 4th. with less than a month to go, it is not clear that the country will meet those bench marks. our brain room crutched -- crunched numbers, at current seven day pace, we could be

10 million short fully vaccinate ing 160 vaccinating 70% of adults by july 4th. it will be down to the wire. right now 63.8% of adult americans have received one shot. but some states already hit biden's goal of 70%. you can see the 13 states here. other states we know are falling below the 50% mark for having delivered one shot to adults. those states, about six of them include alabama and tennessee among others. but neil, accessibility is only one issue here. there is also hesitancy. there is a recent "gallup poll" shows about 24% of adults say they will never get the shot and they don't plan to change their minds. that is also another issue that the country will have to address because if we're going to meet the nationwide goals, that means just about every american adult open to get a vaccine will have to get one in order to meet

those goals. back to you, neil. neil: yeah that is a stubborn subset of the population, not interested in getting it. thank you very much, lydia hu. want to raise this more detail with dr. kevin campbell, president, ceo, physician, cardiologist by training as well. doctor, always great to have you. do you worry that there is a core group of people, a quarter to a third of americans who have not likely will not get this vaccine, any of the vaccines? >> you know i think that is a real concern and what we've seen since april, which by the waco inside when we put a pause for 10 days on the j&j vaccine, we've seen reduction, significant reduction in vaccine up take and the biggest group are those 65 and under. they typically, openly about 45% of them are vaccinated. and we also know that the highest risk group now for these more contagious variants tend to

be 12-year-old to 25-year-old group. so it's a real problem. neil: meanwhile, doctor, we're learning canadians who are fully vaccinated allowed to return, take a covid test, exit quarantine after a negative result. this as this slow global reopening in the countries and countries that the u.s. will allow americans to travel too to if those countries will allow them to travel there continue toes. what do you make of it? >> if you can have a situation where you do reach herd immunity, you do have the majority of your population vaccinated i think we should be open for travel and return back and forth just as the canadians are doing. i think here, we have a real problem with vaccine hesitancy in that group of people. i do think things like what you reported on just now with making it very convenient will address some of those but i do think the other part of the puzzle is, how do we reverse the bad press that you know, j&j received after a

10-day pause i am not sure i even agreed with that pause. neil: it is interesting, i never thought of connecting the two in stall of johnson & johnson vaccine when that was going on in april, how that might have staggered out, impacted number of people that might have gotten vaccines. certainly scared some off as well. if we never get beyond that percentage, in other words it stays roughly a quarter of the american people who are not vaccinated, in that subset of the population, doctor, are those people who gather at large events and be allowed to go to large events, are they potentially going to be at superspreader event among those who are similarly not vaccinated? >> you know, i think that is very true. i think those that choose not to get vaccinated are putting themselves, families at very high-risk for covid. we know that covid kills. we know certain groups of people that it is even more virulent

and results in hospitalization and death. the good news, those of us who are vaccinated are very, very unlikely to get a severe case, be in hospitals to die from it. but this straggling group of people will continue to to make covid an issue for unfortunately years to come i believe. neil: you know, doctor, i ask you a lot of idiotic questions but just to allay my concerns whether we should be concerned in this country about this highly transmissible variant that started in india, that now accounts for six or 7%, i forget exact number, doctor, of new u.s. cases that seems to be a particularly virulent strain. does it worry you? >> here is what worries me. the group of people, particularly 12 years old to 30 are ones getting the strain at very high numbers. you're right it is 6% so far here but in the uk where a little over 50% of folks are

vaccinated and that one age group is lagging, it is the dominant strain. 60% are having that strain. what the good news we know from data that looked at the vaccines, moderna and the pfizer vaccine both appear to be protective. one thing to remember, get your second shot. when they studied the delta variant as it is called with the pfizer vaccine, effectiveness was 33% with one shot. two shots it was almost 90%. get two shots. you have to get the second shot. neil: thank you, doctor, very, very much. great seeing you again. dr. kevin campbell on all of that. steady as she goes with the numbers. there is issue one out of four americans who are not keen on it, might never be. we will keep an eye on that. keeping an eye on bitcoin. it is getting back a little bit of cachet today. one country and a hockey team had this in common. they like it.

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♪. neil: all right. the labor secretary of the united states is on capitol hill. i believe virtual hearing, talking about whether extra job benefits crimped people getting to go back to work. he seems to say that isn't what is doing it right now. people still have not been fully vaccinated. i think this is adding to people, the concern going back to work. i think people are concerned about their health. i think lots of industries still not open yet. encouraging signs that over the last four months we've seen addition of 540,000 new jobs to the economy but, for the last four months. as you pointed out, talking

about questioning of congress, this rescue plan is working. he is not attributing what had been disappointing jobs numbers, at least disappointing in terms of not meeting the robust estimates that they're being held back by people who still have benefits and, they're keeping those benefits until they ex-spend the benefits. they will be back to work. bryan llenas following a another big story we're keeping a close eye on, the post-read on vice president kamala harris' trip to guatamala an mexico. she never stopped at the border. that is getting a lot of grief from the right. that she should have, should see for other self what the problem is like. bryan yen following all of that in mexico city. reporter: here in mexico city, top of mind is the national elections, but at the bottom fold of one major newspapers,

how vice president kamala harris, dedicated $130 million to the labor groups here in mexico. she pledged that, one story up there in the corner. that is president obrador calling vice president kamala harris by accident. this is the theme of this trip. it has been centered around these mixed messaging. democrats concerned that vice president harris' to guatamala, blunt warning not come to the u.s. republicans on the other hand are we bewildered she did not visit. >> do i declare this trip? yes i do. it is success in terms after pathway that is about progress. we have been making progress. reporter: yesterday, yesterday harris was asked about whether or not she would commit to going

to the border and this is what she said. listen. >> yes, i will and i have before but the reality of it is that we need to prioritize what is happening at the border and we have to prioritize why people are going to the border. reporter: border apprehensions on the u.s. southern border at a 20-year high. republican house minority leader kevin mccarthy said this of harris' missed border stop, this unconventional approach is nothing more than a cynical decision to make sure blame doesn't fall on her shoulders distancing herself from biden's border crisis. we were in the news yesterday, we tried to ask a couple questions. we, unfortunately not one of the four chosen to ask a question. some of the things people want to know is commitments about specifically, fentanyl drug trafficking as well as human smuggling right now. also she came here to address

the long term causes of illegal migration. my question was, and a lot of latinos are in this country, how do you come to latin america doing that without at least acknowledging u.s. intervention in this region for decades? neil: very good point. very good point. thank you, bryan llenas own all of that. a couple developments we're also following bitcoin. just yesterday when it was getting bashed amid concerns it concerns it was traceable and a lot of big investors saying maybe it is time the government start looking into this. the irs tossed around with the idea it wanted to monitor bitcoin. be that as it may. good news today. one comes from el salvador. the other hockey team, the san jose sharks. both are allowing investments in, in bitcoin, more importantly el salvador sees it as legal tender, not a replacement for its currency but legal tender that can be bed as part be

recognized as part of its financial needs. the sharks are the first nhl team to accept the cryptocurrency of purchase of tickets suites, that sort of thing. twin developments could be encouraging for bitcoin. it could explain the runup in cryptocurrencies in general. you see back right there. back with scott shellady, shana sissell. scott, with where are you the whole bitcoin thing? it's a volatile investment, that is understatement, doesn't take much to pop up or down, today a pop up largely on these developments. what do you think? >> i still think it is in the pioneering stage. pioneer something not a good place for me to put my money or my customers money because my definition of a pioneer based on a puddle of water with a coonskin cap on. i want to be the second or third guy stepping over him. it is being tolerated by the investment community. not really being embraced.

el salvador, saying that they will take it, 70% of the people in el salvador don't have bank accounts. if you don't have a bank account what is take up of bitcoin? i'm not sure. maybe you want to get headlines and announce it during the conference they had at the end of last week. i understand bitcoin. i get it but again, look at how it trades. that will tell you all about the investors that are in it because it moves more say, rather than the governments of el salvador around san jose sharks would say. when you have elon musk really moving the market around that tells you a lot about the investors. if you go downstairs building i am right now, find 10 people in on streets of chicago invested in bitcoin, i don't think two people will tell you what it is. fear of missing out. they want to be involved. still too. of a pioneering asset class for me right now. i think it needs a little more time or maybe a lot more time. by that time maybe there is new

competitors. maybe governments get involved. the clock still has a lot of time left on it. so i'm very cautious as you can tell. neil: you know, shana, with all of that, i agree with all those concerns scott raised i often you know, see this appeal and volume of interests certainly in bitcoin and cryptocurrencies, ethereum is getting that as second biggest of these, dogecoin, some others on the surface seem ridiculous but the interest is palpable. so this is money if you're going to invest it be prepared to lose it but as long as it is not your entire portfolio, or your kids education, depending if you like your kid, that's okay. my view then, if you go in wide-eye'd and realize that, fine, see where it goes. what do you tell people? >> i actually completely agree. i am a big believer in crypto assets. we can debate each individual

one on its merits but crypto assets are here to stay. it is honestly about the technology. the protocals it is allowing for people to be able to decentralize the financial system. it's a disruptor and like every disruptor it has volatility as people try to understand what its role is in the financial markets. you know, has scott had mentioned that the investment community is tolerating but not really embracing, i would argue it is starting to embrace crypto assets. you have several organizations and advisors like myself who are going out and talking to clients about it because there is interest there. you have morgan stanley, you have jpmorgan, you have these large institutions like fidelity who are facilitating and actually recommending that crypto can have a place in a portfolio. neil: all right. >> it is very volatile. it has to be a small position but crypto is an asset class. despite it is down 50%, is still

up thousands of percent. bitcoin is up 7 million% since it launched trading in 2010. if you deal with the volatility. you put a small percentage, two to 5% of your portfolio it can really add value without meaningfully -- neil: to each its own. we're out of time. we'll be interrupted rudely what they call a hard break. we'll see where it goes, guys. a very good argument on all of that. when we come back real quickly the stand-up comedy club that isn't laughing for federal funds it thought it had that aren't coming after this. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't...

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ago senator schumer and jerry seinfeld were advocating for save our stages which would provide 15 billion in federal funding for venues and other arts and cultural institutions that were affected during the pandemic and, you know, they both did a great job advocating for this. the bill was passed into law back in december and still to this day no one has received any money from the sba. neil: do they ever explain why? because i, monies have indeed been appropriated. where are those monies? >> i don't know. they're not communicating. there has been over 13,000 applicants all around the country and a total of 50 were approved. and none have been awarded yet. so, there are thousands of arts and cultural institutions that are in limbo. these are small businesses and

can't hire back employees, can't hire talent and they are really hurting. the money is there at sba, they're not doing job fast enough to get money to the businesses. neil: what are yours? are you open? what kind of schedule are you on? >> we're open. we're not doing what we did prepandemic levels obviously. we used to be open three days a week. we were open seven days aweek. we can't afford higher level talent. we did a thing in idaho but couldn't hire tier one talent. because without funds from sba. 13,000 venues, mom-and-pop places are hanging on. they're going under daily. the money is there. we need the sba to pull the trigger and get it out.

they hired 500 application reviewers and if each application reviewer approved one application per day, since they started reviewing these applications they would have approved 17,000 already. again there is only 13,000 applicants. i'm not sure what they're doing over there. and these venues are going under every day and need the money now. neil: yeah. they qualify for the money. money was allocated. so where the heck is it? keep us posted, dani. you hang in there. we need to laugh. we need all of this something from the government which apparently has a poor sense of humor isn't appreciating that. the we'll have more after this. >> appreciate your support, thank you. i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you become an agent of innovation with invesco qqq

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neil: the president on his way he is going to be gone for two weeks, his first international trip as a united states meeting with vladimir putin at the end of the trip. we will keep track of that, in the meantime focusing on key cabinet secretaries in washington, the labor secretary taking some heated questions over job numbers that could be a lot stronger critics say that the administration had not been so aggressive in pushing for

extended federal benefits that we keep a lot of people home and not looking for jobs, hillary vaughn following all of that and they betray secretary has also been testifying about today. >> lawmakers on capitol hill and secretary of labor marty walsh both want things to get back to normal but there are differing views of what is to blame for why the economy has not gotten back to normal, why there is sluggish job growth and why businesses are saying they are having trouble getting people, going back to work and back on the job, labor secretary marty walsh said today the simple answer is no when asked if he thinks the unemployment enhanced emergency benefits are contributing to the sluggish job growth of businesses around the country are saying that there seen but he was also asked why there's not a larger push at the department of labor to help workers go back to work, normally he was asked why the

guidance right now if you are fully vaccinated you can still a recommendation to mask, secretary of labor said he is not a scientist and he cannot chime in on that but he did chime in pretty emphatically about why he thinks on appointment benefits are not to blame for the worker shortage that the businesses are seen. >> persistent issue that our country faces in the biden administration itself and congressional democrats are trying to solve is a shortage of good paying jobs, high-quality jobs, wages that are being paid or is it just caused by supplemental unemployment benefits that will provide and with the pandemic people still haven't been fully vaccinated this is adding to people and the concern of going back to work people are concerned about their

health and a lot of industries are still not open yet, i would say this i do not feel that the 300-dollar bonus is keeping people out of work. neil: one of the other factors that he mentioned was trouble finding childcare and hybrid learning in schools, some still doing distance-learning and that keeps people home because her still taking care of the kids. neil: hillary vaughn thank you very much one thing when you look at the state of michigan the democratic governor there wants to keep those jobless benefits going and extended, even if you go looking for work, that's an incentive to get those as you are working at a job, grady trouble following all of that in michigan right now. >> governor witmer has proposed if you get a part-time job you can still collect unemployment benefits and she wants to pay for that proposal using leftover coronavirus aid from the federal

government, meanwhile hillary mentioned the 25 states led by gop governors have a different approach to resolving the worker shortage they say that they want to cut those enhanced unemployment benefits and get people back to work, that is line with luke barber at barber packaging, the governor in michigan says by allowing part-time workers to collect unemployment it will help resolve the labor shortage that you are experiencing, you do not see i tie with her on that. >> with the extended on appointment benefits continuing to incentivize the workforces on the sidelines and stay at home the end of the day we have demanded orders that we need to fulfill and we need to get people back into the workforce. >> there's a small segment that might benefit from this, working parents having trouble with, covid has been rough on families who have dual incomes and people working and trying to figure out childcare, that is a small segment of our working population and as a whole it is harmful to incentivize people to not join the workforce. neil: your company alone you have seven positions open which

might not seemed like a lot but that's 15% of your overall workforce, you're trying to hire and you cannot find people. >> that is exactly right to overcome the obstacle we had to increase wages, create sign-on bonuses and incentivize people to get off the sideline and ultimately raises prices to customers. >> this proposal from the governor's office would require approval from the state legislature which right now is controlled by republicans have a hard time seeing republican sign off on a proposal like that but you never know. >> you never know, grady trimble, we told you a little bit earlier how the different restaurants and businesses are trying to deal with the labor shortage in the case of chipotle we told you the lifting menu prices 4% to pay for the higher compensation of workers earning up to $50 or more, the restaurant ceo believe the cuban

restaurant largely in florida last time i checked he's been modernizing things using robots in that step to address this with some success, carlos joins us right now, very good to have you. >> thank you for having me. >> how are you dealing with the labor shortage, not too long ago we were looking at what you are offering with robots and it sounds very efficient taking people's orders and delivering their food, where are you now on this. >> again we went there increasing wages, 401k, health care plans but if you are not applying were just having burnouts with our employees, were seen a restaurant close a couple days a week, we do want to close were community restaurant at the end of the day we wanted to figure out for 30% close in our dining rooms how can we make the life easier for the waitress or the waiter and unfortunately what we did we thought outside of the box and got some robots to take on the hard function of bringing back

forth thedsnds rest we we ablereeave ave 25 m ofes ofki carkiing poun0- weid wei o wei you shldersouldor our oaita werwe ae toe toeheirheir th abokrom arom a tles,ables, eiv atadvge lotf wanoeoigh t kor at nht i end thee setpo bebotwtsts comtogetothakingak ur by b more w w ourouruestuestst yil: neeil: my humans,umans,s, ag c goes to the table or the people at the table or a waiter or waitress has to put the food on the table, how do you work that out? >> we coordinate with walkie-talkies and radio and if they're still on the floor taking care of the table to question taking away the hard function of working in the restaurant business which a lot

of time is carrying place and walking so you still need the human element, the mcdonald's of the world, the full-service restaurant, small mom-and-pop, you need the human touch so were not taken away the workforce, were trying to make it easier work for us and if they can get more tables as we hire back people and hopefully our governor has been pretty consistent on june 26 the unemployment runs out and we believe there will be people coming back to the workforce and we believe they make more money and the customer feels happy about this, they are going to get tipped more, more tables and they will work less, as entrepreneurs. neil: do you ever rented to customers that they have to work was being done by robots, i'm not going to tip the robot so i'm going to tip less? >> i think the customers have been empathetic they see how much work with the servers, there honestly working six or seven days a week, they realize if we could take the workload

off i think it's a good thing, the beginning people were think it is it's going to take away jobs, it's not our service has said i want my own personal assistant that is reliable and can come to work and we can try to execute them to work, the real heroes of the people working, were talking about feelings in congress, stop talking about feelings and talk about data, the real data there are 450,000 jobs available in the state of florida, there is over 9 million in the united states, anyone who says this is not incentivized, go out and get a coffee and talk to people who are out working and they will tell you the real truth, not feelings but actual data that they say people are staying for now they are okay. not that people are making a lot of money with unappointed benefits, it's a good thing but congress did it because they did not know how long the pandemic is going to last now we have states open, people vaccinated, the economy is open up and we have to incentivize work and

still collect unappointed, i'm cool with that or if they want to do it by taking it now, let's experiment and get people back to work. neil: it makes perfect sense, i know you are a destination restaurant, the state itself is booming and the restaurants are crowded, years included this is one way to deal with that it's very genius and apparently it is working keep us posted, very good seeing you. >> thank you i wonder what my guests think about this my buddy connell mcshane travels the world in new york, constellation research ceo, you have been traveling all around and you see this stuff is a labor shortage and how businesses, restaurants, bars or dealing with it, this is a creative way to address and i certainly hope they don't advance that two tv anchors but assuming that they don't, this guy is trying to make lemonade out of lemons. >> he is i don't think were too far away from that, i've seen a

few different states that we've been in over the last couple of months and the most concrete example to combine everything that were talking about is in washington state a few weeks ago spokane, washington talking to a guy that owns a local burger joint a guy by the name mike lish he can't find workers like anybody else and he said they did the math on the whole thing, washington state happens to be very generous to other states in the state unappointed benefits, the second in the nation behind massachusetts and the labor secretary marty walch said you should understand this dynamic in what's happening in massachusetts but washington state they pay a lot out when you added the $3 from the federal government he said he did the math $15 an hour you make that staying home, if a process because you can't handle this right now, he can even open his dining room he has to do drive through, if this keeps going, he will hire a bunch of

workers for $20 an hour to get them to come back but instead of having seven or eight workers he will have four or five and fill the gap and with automation of the robots, that is his plan he has not done it yet but that is his plan. neil: interesting, you went with us very long but we had technical difficulties so we replace them with the robot, we will try to fix that, it's not personal. when you were traveling, the issue of labor shortages, if it were to continue in the 9.3 billion positions that are going unmet across the country, that was for the month of april when there was 9.8 million americans out of work, that could've gone a long way toward addressing that and yet that gap persists, i wonder how soon this will be joined, is everybody same by september, that is the magic moment, i wonder.

>> rubber hits the road in september, there is a debate after the enhanced and employment benefits, $300 extra from the federal government is taking away it people come flooding back to the workforce what we've been saying all along in the antidotal evidence i showed for so long it'll be proven to be true it's interesting to hear 70 like the labor secretary say that's not the reason will they be a push from washington to extend further they've extended 70 times already and seems unlikely they could get something like that through. if they go through september and take it away cape cod in massachusetts, when we were there it was so obvious that is a seasonal place for people to work, they usually bring people in from overseas on visas but not doing that as much because of covid when they try to hire local workers in the summer so many times of restaurants and other businesses have been told were good this summer because were making this much staying home and can enjoy our summer in our families and in september we will think about going back to work again, that is somewhere

where was pronounced because it seasonal in nature, the next season in places like cape cod you should not have the same issue, and other cities where it's all year-round that is going to be a big? but you have to think and sometimes academic and research can be off on some of these things, when you asked someone why they are not working, they're more likely to say probably childcare whatever the case may be rather than to say i'm happy state home because i can make more on unemployment when both can be true at least partially some of those might be versus antidotal evidence will he go visit the businesses, it's probably more accurate. neil: not bad for a robot, thank you very much and you had a very convincing pitch to me. we are going to get connell back a little later, this is not personal, citing the times, desperate times call for

desperate measures even robots to get the job done, for some it works, for others they are still looking for anyone for work. stay with us. obsession has many names. this is ours. the lexus is. all in on the sport sedan. lease the 2021 is 300 for $379 a month for 36 months. experience amazing at your lexus dealer. with better than ever deals at cvs, you can save big to make your summer... crunchier...

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1-800-217-3217. that's 1-800-217-3217 >> the cdc says you have to have 95% have to be vaccinated that means you cannot have families going on these, they will all sail out of florida and doing consistent with florida law, we are not worried about that anyway shape or form. neil: florida governor desantis making it clear they should not be vaccination requirements and even though a number of the major cruise lines pushing them for themselves, workers and those who wanted to cruise with them, customers, many have said is this the only way we can scale from u.s. ports, so be it

next guest captain fort canaveral, which striking a play both ways a lot of the cruise line operators norwegian comes to mind as a very tough policy, everybody is vaccinated boarding it to those working on it, yet under the requirement they could not see a lot of florida does this change the dynamic that royal caribbean's and others will blink. >> the ships must be vaccinated, it's a recommendation of 95% of the passengers are vaccinated then they do not have to perform a simulated cruise, here import canaveral were a family-based market are form against lines or

disney cruise, royal caribbean, carnival, and of course new region cruise line we have five actually but norwegian cruise line will be operating out here the not planning to operate until november with the other four we have a plan in place with the cdc to operate with the less than 95% of people vaccinated on the ships that's because we are a family market and the cruises out of four per novel and a lot of the three and four date cruises with an extended vacation in the central part of florida it would be next to impossible to have a 95% requirement in our sailings. >> when the cruise line itself as indicates norwegian says this is the policy that we are sticking to, that means they might not live or leave out of florida whether the cdc guideline or recommendation

coming from the governor in those case to ignore those guidelines can the cdc forced the point or can ships do whatever they want to do. >> the cdc is not enforcing the issue because the cdc is not made vaccination a requirement on the ships and the federal government -- >> i'm sorry just to understand this it sounds that the governor is forcing the opposite issue, don't force the vaccination issue, am i right. >> that the governor's position it is more than just the governor it's been written into florida legislature ahead of session this past spring we just completed and its florida statute. >> what do you think about statute. >> i think my personal belief at the end of the day it will all get worked out cruise ships and vehicles are international trade infrequently you have to go by what your destination is, your

destination requirements it may be certain locations that i know there are certain locations that one except a ship if it is not vaccinated. every cruise line has to make their own decision as i say from port canaveral were not requiring that the cruise lines are not requiring that we will run the cruises for the cdc guidelines and will be operating with families and is going to be okay. neil: is there any risk to those boarding that will set sail not adhering to strict vaccination levels. neil: that is up to the cruise lines to enforce, and away my personal opinion if you got the cdc restrictions that they are imposing on those that are not vaccinated on a ship versus the freedom of those vaccinated will enjoy when the on the ship i don't know why anyone would get on a ship of the nonvaccinated

it will not be the same experience. neil: that would be a big worry, certainly for me, captain, thank you very much port canaveral ceo, he has some tough waters, it is all about keeping people safe, that is the goal, thank you very much, we told you a little bit how el salvador is recognizing bitcoin and crypto currency in general but a hockey team of the san jose sharks. ♪

. neil: here is how crazy the investigators become, wendy's is

joining the likes of amc and a host of others in the crazy world where prices are bit up in a battle between the shorts and the longs and shorted it out is impossible unless you talk to the business reporter on the planet charlie gasparino to make sense of it all, all i know the pool of players is widening but amc the company's chief executive was selling into this, i don't know where it starts and stop. >> i do believe that is true i don't believe ceo adam is sold there's been other insiders that is sold, he is not here's the thing. neil: i thought he did $20 million but i'll look that up i could've the wrong guy. >> listen i got to know the guy a little bit he is doing the

smart thing, the stock is obviously way overvalued everybody knows that, amc had problems in 2019 prepend them a, then he got shut down, streaming was crushing it prepend a. >> now you have streaming plus people being a little worried about going to movie theaters even as covid subsides, he has real problems but he does have an issue where people are bidding up the stock beyond all manners of any realistic value and he has to do something with that capital so he raises money that was a smart thing, you screw your old shareholders but you do protect the company and i think that's his main goal and he is walking a very difficult path if you pick about it. on one he and believe a guy with harvard business school who understands basic finance this

company is not the 30 billion-dollar whatever market cap company is now that said he needs to raise money, if you look with her doing there going out there raising money and warning that the shares could get crushed as more realistic valuations come into play. it's an incredible story and he is walking a very difficult path, the unusual morning that you saw last week when they raise more capital is two things, my legal sources tell me the security exchange commission, he cannot be seen hyping his stock that could be worth $10 a share and a couple of months, he's really got to be worried about that and the other thing plaintiff attorneys, class-action lawsuit which is the stock declines in these pumping it up he's got a real problem if you notice a statement coming out of amc there are statements coming out and the really careful and there really careful because of the

overhanging issues of potential of an sec investigation is to stop those in a potential massive class-action lawsuit if the stock goes down and even they are admitting it's overvalued, you cannot miss an opportunity he has a fiduciary responsibility you have to raise money to stay alive, it is a fascinating story and we'll see where it ends up he might have the most difficult job in corporate america in my view ceo adam aron. neil: i've got a look that up but i was aware of insider selling i thought it was he, i'm wrong obviously. >> taken advantage and sold millions of dollars of shares. >> there was insider selling, i just believe it was him, i couldbe wrong. >> i so want to be right and you wrong if i'm right and you're

wrong, i will not say anything. as always on all of that, in the meantime we told you about bitcoin you can call it fraud but countries like el salvador saying if we are going to see as legal tender in our country and the san jose sharks come along and say you can go ahead and buy tickets, whatever you want also using the currency that is a lot of people's attention, the san jose sharks president joins us right now on all of that, jonathan this recognition of bitcoin, what drove you to it? >> if you think about crypto currency because it's not bitcoin were accepting including the numbers as well, there's lots of people that are investing but not many ways to give liquidity other than gaming sites like twitter and microsoft and you can give gift cards

there are traditional ways like cash and credit card to use it. as we started seeing a rise of interest of crypto currency we say give people an outlet, liquidity way of using the increase in value and taken advantage of that, that's what we've done we've allow people starting next week to use crypto currency first season tickets and sweet and sponsorships, we might do for food and beverage of merchandise but now an experiment for the high valued items. neil: what's likely to be the response of you had to break it down i would imagine more conventional currency transactions in our favor but what kind of interest are you seeing from potential customers. >> i got an outpouring of people saying when can i actually use this, when are you going live most people misread her

announcement that we were accepting for merchandise and other things online were the first in the national hockey league to do this in only one of a small handful u.s. professional sports, it's still written to see how this is going to work out but i do expect several people to pay for their sweet leases using crypto currency on not sure which one it will be but i do expect many of our new partnerships were here in silicon valley were crypto currency is more common i joked on my dry cleaner that allows me too use bitcoin to pay for your dry cleaning you can do that through paypal, there is more of an acceptance then there is everywhere in the u.s., it's too early to know whether this is going to be very common or still exceptional but it's going to take another year or two before talking about high volume transactions it will be a small number of high-value transactions that happen but i have to say there are benefits the cost of doing this is very

low from our side is lower from normal credit card fees and is much harder to have a counterfeit crypto then for stolen credit cards, the value on both sides from the consumer and to us. neil: you can still trace it as bad guys get involved. thank you very much, that is fascinating you could be onto something very big i was mentioning earlier on with charlie gasparino of amc insiders who have been selling, it does not include at this point, i lost my page, the ceo but it did include amc executives a couple of directors who unloaded $8 million worth of amc stock over roughly the last week, doesn't cover the last couple of days of course trading days when we had a big spike were just trying to ascertain who those executives are and when was the director pr and a

top board member, another human resources officer in the executive vice president of u.s. operation john mcdonald have all sold shares into the racing market we will keep you posted on that, we will have more after this. (vo) nobody dreams in conventional thinking. it didn't get us to the moon. it doesn't ring the bell on wall street. or disrupt the status quo. t-mobile for business uses unconventional thinking to help you realize new possibilities. like our new work from anywhere solutions, so your teams can collaborate almost anywhere. plus customer experience that finds solutions in the moment. ...and first-class benefits, like 5g with every plan. network, support and value without any tradeoffs.

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new projects means new project managers. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home. i knew about the tremors. but when i started seeing things, i didn't know what was happening. so i kept it in. he started believing things that weren't true. i knew something was wrong, but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia related psychosis. and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm

and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your healthcare provider about nuplazid. neil: will come back to "coast to coast" with neil cavuto i am jennifer griffin when president biden made his first visit in february he announced the formation of a task for to review the china strategy, today the pentagon released the findings from the four-month review most remain classified it, this demonstration like the lost once all the agencies focused on china. >> china spends more than all of the countries of asia combine, it is the largest piece military

buildup certainly in the modern era in one of the largest in history. >> deputy national security advisor reiterated concerns that the military buildup has a very clear goal. >> the objective is to take back taiwan, if taiwan falls china will be turning that into a global that will challenge us in every part of the world. >> the pentagon wants to move more weapons to specific island bases like guam to send a clear message to beijing some lawmakers like elizabeth warren are concerned about the tough talk on china is related to budget hearings and effort by the pentagon to get more money. >> understanding the notion of great power competition is important, military leaders come before this committee using it as their justification for even higher budget.

>> matt pottinger the former trump national security officials say china doesn't view the united states as a chief adversary and views its own people as the biggest threat to its role explaining why they spend more money on surveilling and controlling their own population than they spend other military, we will have more "coast to coast" with neil cavuto coming up.

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neil: it kills me too say that i was wrong charlie gasparino was right, there has been a lot of insider selling in amc, the governor was reminded me keeps track of insider selling eight or nine have sold millions of dollars of stock in the company from $27.42 to $62.67 and certainly over this. since around the end of may when the spike got pretty noticeable but not among them was a ceo adam aron joining the company in 2016 and these yet to sell any of amc shares, i wanted to be very clear on that the russian the run-up that so many of the insiders are selling minuses ceo so it could be your perspective

on that whether the sign of things to come whether to push them on that point but he's not at that point i apologize for the confusion, on the meantime i want to focus on the market, a lot of this is built on optimism of accompanying country coming back, that is no more obvious than the shows that are returning to vegas and sold out right now, some of the months in advance, edward lawrence following all of that in las vegas, what a sweet deal he has in las vegas. >> a pretty good deal i'm in the theater inside of the bellagio they let us in the door cirque du soleil starts live performances on july 1 the crew has been getting the theater ready they change 28 lightbulbs today alone it's like starting over because this theater has been dark for a year down las vegas boulevard has a live show tonight with an unrestricted

audience you started unrestricted audience shows later this week, i asked him how he kept his show fresh when it comes to the shutdown that happened and this is what i got. >> making soda in my trunks, every trump that is one of the keys to release my success, i talked to the crowd about keeping it current, like the newest one joe biden i'm not saying these old but if you see his dog that is great it kills me if you're trumper or biden,. >> when the show shut down he thought his career was finished, the first time he stepped out two days ago and saw the audience without a mask in his adrenaline and not just las vegas, they're booking a 2019 levels for shows through mid-2023 at all of the companies then use across the united states chris hammond says as the

performers are eager to get back onto stage, he says they were worried that the crowds may not show up. >> i was certainly concerned and i think everybody in our industry was we did not know how people would react to feel comfortable going out sitting next other people and they feel comfortable going without a mask, whatever it was and were saying that is not an issue at all. >> the bottom line no shortage of shows to pick from but you do have to pick fairly quickly they are filling up including cirque du soleil as they get their shows ramped up in the next few weeks. neil: you are amazing, we talk to governors and presidents but now your career is complete and also spoken to carrot top, touché. >> carrot top and i'm no top. neil: that in between cirque du soleil you get the good

assignments. thank you very, very much. all of this at a time when the great reopening is going on concerts are returning certainly the talk a big one central park in august something that could simon a garfinkel, that attracted half a million people back then they are planning big things, the foo fighters at new york madison square garden and regarding a couple weeks away from that, back with connell mcshane, ray wang we hope is back with us and last but not least, mike you are a big concertgoer you are waiting for these events, they are on now, are you going to go? >> i am, actually went to atlantic city this past weekend and over 1000 people per concert because i miss concerts so much. i've already been doing it in the ruhr in 2020 is upon us and what's interesting this is supposed to happen in the fall and winter but because of cases going down only 400 cases of

covid in new york state, everything is getting moved up quicker and sooner because the high demand, my friends and myself, we are buying concert tickets and food fighters their presale went on yesterday and sold out immediately, the presale because the demand is there, we are ready to go, count me in, i will be everywhere this summer. neil: it's probably because ray wang was buying them a lot. what do you think of all of this. >> i think it is also my left the cocoon of california were redoubled back and double maxed in you have the florida for the bitcoin conference in miami, 30000 people, no masks, awesome conversations, it is back and were edward lawrence was in las vegas, the world of concrete is going on with 60000 people all no masks in attendance and we have wwe going back with a 25 cities starting july 16 in san francisco where guns and roses is going to be august 25 at the

sap center, it is back and it's coming back and people really want the ability to connect with people and have those conversations and serendipity back in their life. neil: guns and roses that is your basis right there. >> me and axel go way back don't even get me on flash. >> what i make of all of this as ray said if you go to los angeles or new york and walked on the street a higher percentage of people wearing masks, the be cautious about the virus in other parts of the country however, even when madison square garden was opening up in the knicks were in the playoffs and were seen at berkeley center with the nets being in the nba playoffs and the concerts coming back at the garden they fill it up, people in the cities that are associated with caution with the virus, they are ready to go to, that was nice to see and it's a whole new phase and is not just

in the places where it's been publicized like florida, it's in the other parts of the country that are more cautious early on. neil: i noticed that they work on the honor system, if you been vaccinated, they were due to wear a mask or not, when you go to these events what are people doing i think you been vaccinated, right. >> maybe some your friends are the honest. >> i am vaccinated, at noon today i dj on the side and we announced a show in a couple of weeks, it is 1200 people. it's not the venues call is coming from the state. everything has their own individual guidelines, that way there is no social distancing, the way you prove it you will have to show your card or those acts that are going to be happening all over the place. it might not be fair for those that aren't vaccinated but the

bottom line you go to get vaccinated if you want to live your life, if you're able to get vaccinated, you have the ability to do so and people are going to do that at least for indoor shows, outdoors you don't have to show that you had to be vaccinated. it is roaring we are back i cannot express is enough, we want to live our lives, nobody is forcing people to go anywhere but don't tell me i can't do something, i can do anything for a year end half, i am back. neil: calmed down, you have to do something else, you are not my son, i was just wondering i'm curious, ray this is a good reflection, all kidding aside on the economy people are itching to spend and they are spending. neil: the reopened economy is here more than 51% of americans vaccinated at least got their first shot, ready to present have a second shot were in the reopened phase and you're gonna see the reopened stock fall

along the way the challenges labor as you said early on the show can we get to the right labor and open up businesses. neil: we will see what happens, i want to thank you all i'll be watching very closely, social media no embarrassing pictures and don't embarrass the team, leaving it at that, behave like connell would behave. what an honor, this is not going to end well. thank you very, very much. the dow is still down about 54 points, bitcoin coming back today but it is volatile, the people are used to that, we will have more after this. ♪ in business, it's never just another day.

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neil: all right. we've gotten word that the white house said to made a deal with pfizer, biontech to get million vaccines to 100 countries over the next two years. we'll see how that goes. now to charles payne. hey, charles. charles: neil, great news there. good afternoon, everyone, i'm charles payne. this is "making money." breaking right now summer doldrums or the calm before a summer rally? intriguing action all day huge pressure on buying yields subtle shift back to the growth names, emerging new growth short names, crypto for those who say it's a currency or not used to buy stuff. i share a cautionary tale of