there are merger talks. invesco is combining with state street asset management, $4 trillion in assets, the deal is not imminent, they will open at the highest point since mid july, shares are up 5%. big thank you to angela and james freeman. good to be with you both this morning. have a great weekend. "varney and company" begins right now. stuart: you have a great weekend, good morning, everyone. the crises keep piling up for president biden. his whole administration seems to be running in crisis mode. the crowd under that bridge on the border has swelled to 11,000 but the administration

is trying to cover it up. we cannot update this video because drone flights have been stopped. many of those people are from haiti and under that bridge they are living in squalid conditions and you are not allowed to see it. should adams get a booster shot? it is reportedly divided on the issue. president biden has divided the states over covid. he took aim at republican governors of florida and texas saying they are undermining his vaccination efforts. stocks drifting lower. there is not much of a loss to be seen. there is some red ink but it is not huge. the market has been down in 7 of the last 9 sessions. the dow is off 20, s&p four, nasdaq 15, not a huge selloff. interest rates edging slightly higher, one.35%. cryptos little changed. bitcoin coming in at 47,400 as of this morning. one of the themes on our

program has consistently been the rise in crime in big cities going hand in hand with the defend the police movement. you are looking at the aftermath of an armed robbery on madison avenue, two men walked up to an outside eatery and enough this is a stick up. they took a rolex watch and shot one of the patrons. it will not be easy to get people to come back to the office with this kind of thing happening regularly. friday september 17th, 2021, "varney and company" is about to begin. ♪♪ living in america ♪♪ stuart: president biden is calling on the wealthy again, faint phrase all the time you hear it, pay their fair share.

let me ask you what exactly did mister biden say? >> he said let the irs survey your bank account. >> president biden: we ask for two pieces of information from the banks of these folks that amounts to their bank accounts and what amounts to one of their bank accounts. we don't have to punish anyone. i'm a capitalist. you can make 1 million or billion dollars that is great, god bless you. all i'm asking is you pay your fair share. >> he wants to make sure reported income matches your actual banking activity, not only to pay their fair share but the $3 trillion spending bill. in 2018 the top 10% of income earners paid 70% of all federal income tax, top one% a 40%. stuart: at some point i would like to ask the president what

do you consider a fair share? they never give you that number. i would like to know it. lauren: some of the big companies who are able to not pay certain taxes in certain examples they go after and don't - stuart: corporations. i'm talking about individuals. they never say what they think is fair share but i am going to move on because i'm getting angry. cnn's don lemon, don lemon has something to say to the, quote, stupid unvaccinated. role tape. >> we have to stop coddling people when it comes to this, you can't shame them, you can't call them stupid, yes, they are. the people who are not getting vaccines, believing the lies on the internet instead of science, time to start shaming them or leave them behind.

stuart: congressman byron donald from the great state of florida joined me now. there is a move to shame the unvaccinated and the president attacked florida's governor desantis for his covid policy. we seem to be bitterly divided over covid. >> this is where democrats have led us. this is very simple. people, talk to your doctor, ask about the vaccine, make a decision for yourself but when don lemon, president biden in the left refused to admit his people with natural immunity who had covid 19 and recovered have a strong immunity from covid 19 now and going forward. according to the israeli study people with natural infection are more protected than people who just got the vaccine and

what the cdc did is compare people who recovered from covid whether they got the vaccine or did not and if you look at people who recovered from covid 19 and it avails people who recovered and got vaccinated they have higher protection. of course they would. that makes total sense but for people who are unvaccinated if you had covid 19 by and large you are okay. people who got vaccinated by a large are okay but instead of dividing people, trying to shame people as opposed to sharing this information and being detailed about it instead of using politics and using information you create a divided situation. that is what president biden is doing and what don lemon is doing and what joy read is doing and people are revolting against and saying we don't want to listen to you anymore because number one you are a hypocrite because we see you out without a mask and you are just being nasty about it. it is not the way we need to be

going at this stage in the pandemic. stuart: talking about a revolt have you seen any revolts in your constituency, in fort myers, florida, any revolt evident in florida? >> i use the word revolt but people are just fed up and over it. we have nurses in our community who might lose their job because they are not vaccinated but they were on the front lines through the first wave of this pandemic. a lot of them have had covid 19 already so instead of doing some public test people for their antibodies, find out if they have antibodies which provide a strong measure of protection instead of doing that we are wrapped up in this vaccinated unvaccinated mindset and it is frustrating for a lot of americans including people in my district. everybody wants to get over covid 19 but what we cannot do

is use statements like you are unvaccinated we are going to leave you behind because what you find is people are going to listen to people like don lemon and say i am done. he loses whatever credibility he has left and lost that subset of people and you divide americans. we shouldn't be proceeding that way. stuart: appreciate you being here, hope to see you again soon. take a look at this video. the us is holding, there are 11,000 people mostly from haiti under that bridge in texas on the border. this might be the last drone footage we get in a while because we can't take anymore of this video. lauren: the federal aviation administration is banning drones from flying over that bridge in texas for two weeks or as time gotten said banning the media, banning fox news from covering the border crisis. it is a terrible story because most of those migrants are from

haiti fleeing a humanitarian crisis, the president was assassinated, they want a better life. senator ted cruz is pointing the blame at the white house. >> this is a man-made crisis. eight days ago on september 8th under the same bridge, between 700 to 100,000 people, eight days ago on september 8th the biden administration made a political decision. they announced they were no longer going to fly deportation flights back to haiti. 85% of the people from haiti fleeing from haiti, announced they weren't going back. lauren: that was come on in, we are not going to send you back. hundreds of people waiting under that bridge contacted their friends and family and you have 10, 11,000 people under that bridge. border patrol is overwhelmed. stuart: thank you very much.

david nicholas, market water this friday morning. is your biggest concern inflation? >> it is. going to the grocery store, it is temporary, looks like a long time and this idea that inflation is temporary is what should be concerning investors because there is so much on this idea and the global manager survey and profit expectations are in freefall yet managers continue to overweight equity so investors will be bullish on equity if they think inflation is temporary. this is where if global growth is slowing, that will keep rates low and there's nowhere else to go in the stock market that inflation could blow that assumption up. inflation is concerning but it is the assumption that it is temporary that is concerning. stuart: why do you think

inflation is not temporary, why do you think will pick up this year and next year? >> the trillions of dollars we added to our debt and trillions in deficit spending, i think inflation is government policy in the amount we will spend through this year, how do you not get inflation? you are adding an additional $3 trillion in spending you will get inflation. i'm not convinced this is temporary and wall street is discounting the fact. stuart: i'm not selling yet but keeping a close eye on inflation. check the futures market, you will see little price change on wall street at least at "the opening bell". minor losses on all three indicators. no laughing matter, comedian bill marr calling out the left-wing media for spreading fear about covid. >> what do you think the

chances are that you would have to go to the hospital if you've got covid? 70% of democrats voted way higher than it really was. liberal media has to take responsibility for that, for scaring people. stuart: scaring people, we will get reaction from lara trump who was on the show later. ready for a booster, the fda meets today to discuss covid booster shots for healthy adults. my next guest calls the move a colossal misstep. doctor matt mccarthy is next. ♪♪ hit me with your best shot ♪♪ why don't you hit me with your best shot ♪♪ hit me with your best shot ♪♪ right away ♪♪

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the one south bend indiana where people the judge used to be the mayor, 89 degrees. the fda expanded eli lilly's emergency use authorization for its covid treatment so who can get the treatment now? lauren: not vaccinated, not fully vaccinated or have weaker immune systems, the antibody treatment will be used as a preventative measure so if someone might have been exposed to covid 19 it could save their lives. stuart: i wish we could talk more about treatments, vaccines and mandates. the fda meets today to discuss boosters for healthy americans.

doctor matt mccarthy joins us now. tell us why this is a colossal misstep. >> the president came out a month ago and the team detailed a plan to give a third shot, booster shot to all-americans and practicing physicians like me recoiled at that and said why would we do that, healthy adults or fully vaccinated are not ending up in our emergency rooms, not getting hospitalized. why give 100 million americans another shot they don't need? we clearly do need to give boosters with people with weak immune systems. a healthy 40-year-old struck me as odd and just wait for the data. this week we got the data and i went through all of it and there is no evidence but otherwise healthy adults need to get a booster shot right now.

what you will see is no politician can make an executive decision that we have to get boosters and there's an expert panel that meets today that will go through all this data. they serve as a firewall of sorts and they will make a recommendation and what they will focus on is whether or not people over the age of 60 need a booster shot. i wouldn't recommend a booster for anybody other than those with profoundly week immune systems. the message is the president's plan to roll out a massive booster campaign is not going to happen and if anything, that plan has undermined the messaging that seems like things are working. it was an unforced error, something we didn't need to do, it will reinforce the fact that vaccines are working and don't need to do a massive booster plan as the president suggested a month ago.

stuart: the administration will decide how many antibody treatment each state will get. there is a suspicion the administration will restrict supplies to republican states, the president attacked them. what do you make of this? >> an interesting situation. they are twee 7 states mostly in the southeast united states, there's a big appetite for monoclonal antibodies. two of the states, alabama and florida, what happened is there is an urge together hands on these antibodies because they work so well. they keep people out of the hospital and are fantastic options but not enough of them to go around. hss has stepped in, we want to make sure it is being done fairly, to control this

process. i see this as an unnecessary intervention by the government that will hamper the way we distribute these things. they need to be given quickly and i don't like what i am seeing there. stuart: covid confusion runs on and on. two large school districts will vote on student vaccine mandates. where is the vote going to take place and do you have any idea what the result of the vote will be? lauren: the vote is in san francisco, it will be approved marking the first vaccine mandate for teenagers attending class in northern california. oakland covering 50,000 students, if you look at what happened in los angeles, the second biggest school district in the country they voted

unanimously to mandate vaccination for everyone that goes to that school. stuart: yes and yes on both questions. a major university, not enrolling students who failed to comply with vaccine rules. which school and will the students get their money back. >> they on enrolled 78 students because they didn't get their first shot by the deadline, they get half of their tuition money back, they can return when they met the college entry protocol. in terms of numbers, 81% of the school is fully vaccinated but there are a lot of breakthrough cases and young 20 somethings who are excited to be back with their friends and doing the things you do in college, they are quarantined. stuart: i will check futures

fast, slight downside move across the board. we take you to wall street for "the opening bell" after this. ♪♪ living on a prayer ♪♪ (vo) singing, or speaking. reason, or fun. daring, or thoughtful. sensitive, or strong. progress isn't either or progress is everything. ♪♪ (vo) the rule in business used to be, "location, location, location."

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>> 4 minutes the start of trading, slight losses for the dow, big tech, these are premarket pre-beginning of trading numbers. facebook is down. 3492 at latest count. i believe you have a new target price for amazon way above 3493. what is it? >> 4700. we did a lot of work on amazon's will film and buildout, 290 million square feet of capacity last year and

this year included in that is 17folding increase in delivery stations that are geared toward consumers in urban areas or suburban areas, they are accelerating their push to one day or super same-day delivery. that is what amazon is doing and it opens another growth path for the company. i continue to like amazon. stuart: forgive me for asking you to repeat this but did you say 290 million square feet of warehouse space? >> yes. this is a company that has been betting big on infrastructure. they accelerated it last year. they had to. what is new for us is that didn't slowdown. they accelerated again, these

are usually set pretty well in advance but they are doubling down, tripling down on their infrastructure buildout. stuart: repeat again please, same-day delivery. they are big on that, they want it. how many can people can get it in america? >> in the us only a little over 50% of households guaranteed 1-day delivery, 15% of households have supersame-day delivery, series of windows during the course of the day but it is 5 hours, they will get that package within 5 hours, what you should know is amazon is not done after this cycle. the push to do delivery within 3 hours, etc.. these are massive investments that will take a decade or two to play out. stuart: i've got to tell the audience a few weeks ago on the show you said netflix has room to run meaning it was going to go up.

kudos to you, mark mahaney. i'm not done. we are looking for amazon to go to $4,700 as you suggest it will. you will be back to justify that. mark, you are all right. have a nice weekend. 10 seconds to go and we will start trading. it is almost 9:30 eastern time. they are clapping and cheering. they are happy. we are off and running, trading has begun. i'm predicting a minor loss from the start. not so minor, 60 points. we don't have all the dow 30 open yet. now we do. the vast majority are in the red but it is a minor loss, 50 points in early going. the s&p 500 is lower, it is expected to be and it is down a fraction. the nasdaq composite, i am expecting a small loss there. that is what we've got, 0.2%.

big tech, got to concentrate on that because that is where the money is. all of them on the downside in early going but that's not huge losses for any of those big tech stocks. how about tesla? putting that on screen because dan ives, prominent analyst says 2022 will be a good year for tesla. good morning, susan. why is he saying that. what is target price? >> looking for 900,000 annual deliveries which would be a record, chip shortages will not be a problem. elon musk making news and headlines this morning, this is a pre-recorded speech he made at a chinese online for him praising china and their chinese competitors and electric carmakers as the most competitive in the world. trying to make nice with authorities to continue to sell

the world's biggest car market. stuart: a story that just fascinates me and is important. bank of america saw huge huge stock inflows. >> they call it monster inflows, $51 billion worth of cash, the biggest letting of cash since march of this year which is pretty bullish so investors are buying stock because to them it is less threat to disabled pull back sooner and those higher tax thread looking less likely and lower. corporate taxes and the 2% trading taxes. stuart: another story, the videogamemaker interactive, down 2% this morning. does this have to do with a

popular game, grand theft auto? >> they delay two additions of their flagship game a few days ago so march, november, gaming rules might be there as well. so cutting their price target to $150 a share which you are trading below right now. stuart: diamond shamrock energy planning a buyback. >> where to the shamrock come from? stuart: i don't know why i did that. it was the green on screen. they are up 3.7% buying back their own stock. it says on the bottom of the screen to billion dollars. >> it is important to note the $2 billion is half of their free cash flow. these oil majors like exxon and diamondback will go out and spend to protect the dividends and payouts to investors. the rest of the oil majors have done well because prices of

gone up because there is more usage and supply disruptions from hurricane ida. stuart: tell me about a merger with invesco. why should i care? >> $4 trillion worth of assets in the combined entity. the third largest etf issuer in the world behind blackrock and vanguard, the top two issuers in the world and invesco is worth $11 million and a lot of money here. stuart: i get it. that means something. hold on a second. this next story is for me. manchester united, soccer team, you can buy stock if that is what you want to do. they reported a wider full-year loss because the pandemic. empty stadiums didn't help and they declined to provide for your guidance for 2022. the team is playing remarkably

well and run although playing for them. >> i emailed you saying breaking news, they are only paying 15 euros which you diminish what did you say? what did you say? stuart: i can't remember. >> he adds to the roster and maybe adding to the bottom line as well. >> stock is up 0.7%. remember that. the dow is down 40 or 50 points. disney, procter & gamble, chevron, boeing. s&p 500 winners headed by invesco. the nasdaq winners, who is the top guy there, not the big tech

companies any longer but smaller companies, it is a one% game that puts them at the top of the nasdaq winners list. we are looking at curiosity stream, that's got to be a streaming company but i never heard of it. >> jpmorgan predicts it could rally 30% in the future, and growth in this company. if you look for streamers, they are pretty saturated. more upside potential and it is curiosity stream and below the radar name. i want to show you some downgrades. we talk about how decimated these casinos have been. jeffries is downgrade, with $40 in their view and downgraded as well by argus.

>> i've got ferrari on the screen, that is race. the dow is down, dow is down 58 points, 34,693. people kicked out of restaurants or other establishments because they are not vaccinated. >> everybody is okay with that, this is the america you want to live in? stuart: we've got the full story for you coming up. 11,000 migrants under that bridge in texas. bill shot this video yesterday using a drone, you will not be seeing any more than that. the faa's grounding drones at the border, they don't want us

to see that. to fund city projects but who is putting the money into the city's crypto wallet in the first place. i will ask the mayor of miami after this. ♪♪ ♪ ♪ ♪ ♪ ♪ ♪ monitor, check and lock down you money with

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(judith) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? don't you just ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. (other money manager) but you still sell investments that generate high commissions, right? (judith) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money? only when your clients make more money?

(judith) yep, we do better when our clients do better. at fisher investments we're clearly different. stuart: markets open for 12 minutes, 20 points. show me the cryptos, the administration is preparing sanctions to make it harder for hackers to use crypto, that would be a fine thing, growing number of attorneys general threatening to sue the administration over vaccine mandates, how many states will join this effort?

>> 24 republican state attorneys general writing a letter to the biden administration saying we believe in vaccines but don't believe in the threats. to mandate vaccinations, job creators network, small business advocacy group, threatening to sue the administration once osha issues the temporary standard. they say if you have a mandate that will only add to labor shortages we are dealing with, we spent the last year and a half ripping out our hair to survive through the pandemic and now requiring vaccine for workers we can't get, just going to make it worse. stuart: i want to bring in the mayor of miami, francis warez, good to see you. you are in the state of florida which doesn't allow vaccine mandates. are you going to enforce president biden's vaccine mandate on city workers in

miami? >> in miami, 98% of eligible population, no reason to mandate a vaccine if 98% of the population has received one dose. it doesn't apply in the city and that is why our cases of not been going down. there's a large percentage of people getting hospitalized that are not vaccinated and that is why we continue to push people to get vaccinated. stuart: you don't want to mandate that says you've got to because a lot of workers wouldn't show up for that. you are not going to do the mandate thing. >> people have to make the best decision in consultation with their doctor for themselves. what happens in the situation, politicians act like doctors and doctors are quite politicians and people should be consulting their personal

doctor to make those decisions. stuart: you have a crypto wallet for miami, take money out of that wallet and use it for development. my question, who put that in there crypto wallet in the first place? >> miami coin is fascinating because developers who created something called safe coin, when the mining process which is an authentication process the tracks the coin is completed a percentage of the reward goes directly to the city's wallet. that has generated in the last 30 days $5 million for the city, it is generating in the vicinity of several thousand dollars every 10 minutes. it could potentially generate over the course of the year $60 million and if taken to its logical extension is possible we could live in a future where residents don't have to pay

taxes and are generated through third-party transactions that are contributing the money to our general fund. stuart: trying to sort this out for myself is complicated. it sounds like you are taking money from not bitcoin, the miami coin, the city coin minors, the act of mining creates money which you distribute for development. have i got it right? >> absolutely right. the act of mining creates a reward, mining is authenticating the transaction, the transfer of one miami coin to another and offshoot of that which is 30% of their reward goes directly to the city. so far that has generated $5 million we can use for whatever purpose we want and to make miami the most innovative city on the planet. stuart: what is the downside risk? they are worthless?

>> they are not worthless because they've been mind to the tune of $5 million a system, 30% share of the mining proceeds, increase in value since they opened 600% and more valuable than it was when it began but the issue now is the application for miami coin and we will go into restaurants and small businesses and see if our vendors accept it as a currency. if it gets accepted and the currency it leads - to generate funds for the foreseeable future. stuart: i understand you have plans to build a high-speed tunnel. are you going to use cryptos to pay for it? >> the beauty of the money coming in his there is no limitation so we can do a lot

of things you wouldn't normally do with taxpayer money. with taxpayer money, you don't want to lose taxpayer money, you can do things that are more innovative and we are looking at a variety of things like charter schools focused on technology and more innovative things like investment in companies. stuart: i am with you on charter schools. interesting story and proud to have you on the show. fidelity is lobbying the sec for a bitcoin etf. a lot of people would like to see that. lauren: clients are demanding exposure to bitcoin, let us provided through an exchange traded fund but the s&p has not approved any etf or crypto currency and they receive 20 applications so it is so funny when you talk about crypto currency you have the industry

begging for regulation because they want to be more mainstream and they want to prevent the loss of technology and market share overseas to other countries that are allowing much of this like germany and canada. stuart: coming up on the show, speaker pelosi has a lot of confidence in president biden. watch this. >> president biden is, we are so fortunate - we needed him now. he is perfect for now. he knows his foreign-policy. stuart: president biden is perfect, says speaker pelosi. p texas has a thing or two to say about that in the 11:00 hour. air travel rebound adding a snag. the 2 million level, 2 million a day. we will take you to chicago's o'hare airport to find out why.

that is next. ♪♪ come fly with me ♪♪ let's fly ♪♪ let's fly away ♪♪ if you can use some exotic booze ♪♪ far away ♪♪

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stuart: 1.8 million people

pastor tsa checkpoints monday. it has been 10 days since the number topped 2 million. at this time in 2019 there were 2.4 million people traveling per day. grady trimble is in chicago. has this decline in air travel gotten anything to do with this talk of vaccine mandates for air travel? >> it could but it could be because of normal tapering this time of year and fears over the coronavirus even though so much of the population is vaccinated. united airlines ceos, implemented vaccine mandate for air travel when it came from the federal government but there's been a lot of pushback from the travel industry as a whole to such an idea. the us travel association had this to say. us travel has long maintained there should be no mandatory vaccination requirements for domestic travel.

such a policy has an unfair negative impact, were not yet eligible. they say $97 billion in losses because of lack of travel, $59 billion because of lack of business travel and they are asking for help from the federal government. >> the airline industry got direct assistance, the restaurant industry got direct assistance and given the large number, we had assistance directly to those employees. >> united airlines experienced a system outage that impacted checking in and boarding flights and logging on to their website. we were told that was brief and has been resolved.

stuart: i am flying united tomorrow morning, thanks very much. the largest cruise ship in the world will launch next year. how big is it? how many passengers can it take? lauren: 6800. it will sail out of florida in march and head to europe for the summer. has the tallest pool slide, the royal caribbean ceo says we are seeing significant momentum when it comes to booking. stuart: it is gigantic. 6800 passengers. still ahead. congresswoman nicole millieatalkis on new york city, where trump and p texas, what a lineup. ♪♪

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♪ how lucky can one guy be? ♪ i kissed her and she kissed me ♪♪ stuart: lucky can one guy be? i think i'm lucky announcing the financial and political news to the world. good morning, everyone. it's 10:00 eastern. let's start with your money. red ink over there on wall

street. dow's down 80, nasdaq's down 81. not a huge loss, but some red ink. big tech all on the downside except for amazon. earlier this morning we had a guest saying it's going to go to $4700 a share. it's up a little tick on that news maybe. the rest of them are down. the 10-year treasure i yield -- treasury yield is going up to 1.36%. that's maybe why big tech is suffering. big tech does not like a rise in the 10-year treasury yield. there is the latest read on michigan consumer index, it's a big deal. what's the number, lauren? lauren: the number is 71, so it missed the expectation. it was just a small increase from august which was the worst decline in sentiments that we saw in a decade. if you ask consumers how do they feel about things, they say, well, you know, inflation, other issues, they're affecting the way we go about returning our lives to normal, and i don't think they're buying the story that the fed is telling, right?

that inflation is temporary. they're feeling it, so this is a miss. stuart: yeah. inflation, you can feel it every time you go to the grocery store, the gas station, you pay your electric bill. you can feel it, and that's not doing sentiment much good. lauren, thanks very much, indeed. no impact on the market from the sentiment numbers. now this. rarely has any administration gotten off to such a terrible start. barely seven months in, and crisis is being topped on top of crisis. the president himself brought it up. he picked an incompetent team to run the government. they can't get over trump derangement syndrome, and they've given far too much influence to the socialists. the afghan catastrophe is not over. we're being played by the taliban. it's a crisis when terrorists have you over a barrel. there is a defund the police crisis. witness the violent robberies so common these days in our big

cities. inflation is wiping out wage gains. i call that a crisis for working families. if the border isn't a crisis, i don't know what is. the crowd under that bridge has swelled to around 31,000, but -- 11,000, but they're covering it up by banning fox's drone footage. covid confusion, that amounts to a crisis. there is no clarity about booster shots, and there is a lot of people very unhappy by biden's vaccine mandates which threatens freedom. when you're in a tough spot like this, you look way out. biden seems to think $3.5 trillion in social spending will do the trick. free stuff is his last great hope. if he gets his way with that, we will have an inflation crisis on our hands and a debt crisis after that. pile them up, crisis after crisis. if you're a democrat, you must be disappointed. if you're a republican, you can say i told you so. the second hour of "varney" is

just getting started. ♪ if. ♪ ♪ stuart: it's friday morning, and there is tammy bruce herself. tammy, great to see you again. i don't see any way out of these endless crises for this administration, do you? >> i don't. and the reason i don't is because it's not an accident. nobody tripped over a log. this is based in the world view, the outlook of whoever it is that's running the white house. you mentioned in your opening, which was perfect, that he chose a bad team. in fact, i think it's not working because the team chose themselves. right? there's no really, no real inherent division from any singular leader. so it's about theory, it's about socialist theory. they're thinking about winning news cycles. they're not thinking about what is the impact later on which

just compounds the problem. when your answer to the border, another catastrophe, it's people who are not really from south and central america at this point, apparently. it's mostly haitian ises and what they call other than mexicans. and no one, of course, is being evented. snarky responses to the -- is being vetted. snarky responses to the question for jen psaki about why are americans getting mandates for the vaccine, but no one coming in from the southern border is, and she says, yes, that's right. one of smuggest answers i've ever heard to say nothing, stu, of now multiple cases of measles because of the refugees we're bringing in from afghanistan that are also not vetted even just on health issues. so americans see this, and the answers now, it's like they're trying to catch up with hiding what it is they're doing, and the american people aren't buying it. stuart: just digging deeper and

deeper. i want to show you something -- >> that's right. stuart: president biden, he called on the wealthy, again, he used this expression, pay their fair share to help strengthen the economy. watch this, please. >> we're not out to punish anyone, i'm a capitalist. if you can make a million or a billion dollars, that's great. god bless you. all i'm asking is you pay your fair share. stuart: tammy, they never say what a fair share is. is it 50, 70% of your income? that's right. stuart: 80% of your income? i think they want it all. >> perhaps they do. and, of course, what joe biden doesn't mention is that these are his policies. he's been in government for half a century, in the senate for most of that time, vice president for eight years. so what's happening within the market is due to his policies and his attitude. at the same time, there's no -- they talk about the rich as though your money was delivered by leprechauns.

if you're someone who is a billionaire, it means you've created something that the world hasp wanted, and then you've delivered it to people and people are paying you for it because you want that product. and in the meantime the, you're employing thousands, tens of thousands, perhaps a million people around the world generating state, federal and local taxes and energy. you have the consumer confidence number earlier. this is about people who generate a confidence in the nature of life. so we -- and also we also know, of course, that the top 1% is already paying a majority of the taxes that are out there. this is not an answer, to say the least, stuart, of during the lockdown all of these individuals, the democrats that locked down the states who allowed big box stores and amazon to thrive, the waltons, bezos, zuckerberg, others who are tapped into this network economically while small businesses were destroyed. they were destroyed. and now they're pointing a

finger at more money that was made by the wealthy. that was a direct decision based on government intervention and destroying small businesses allowing the rich to get richer. so make up your mind. what is it that they want to do here? stuart: i think both of us are exasperated, tammy. thanks for expressing your exasperation this friday morning. we'll see you again. >> thank you. thank you, sir. thank you. stuart: talking about your fair share, you need to pay your fair share, the white house is doubling down on its plan to fund -- give more funding, hutch more funding, to the irs. lauren, are they giving them an extra is it $80 billion? lauren: 78 billion, but what's the difference in $2 billion when it's other people's money? the irs, they need the money to go after tax cheats, that's according according to a draft of the house democrats' proposal of pay-fors. so here are the numbers.

in 2019 the irs audited just 1 in 225 returns collecting about $57 billion from their enforcement actions. if you give them more money, you give them more manpower. they can police it better, right? it's estimated a central dollars in -- trillion dollars in federal taxes goes unpaid every year, and that is the money the administration wants because they have to pay for $3.5 trillion in spending. make sense? stuart: by the way, lauren, i interrupted you a few minutes ago. i said it didn't have any impact on wall street. i take that back. looks like it did have a negative impact on wall street, we're down 114. yeah, look at the market now. down 114, nasdaq's down 81, the s&p is down 23 points. bob doll with us this morning. you say it's unlikely the fed will raise interest rates over the next 12 months? i'm surprised at that because inflation seems to me to be heating up. what do you say, bob?

>> i don't disagree with you, stuart. perhaps the fed should think about raising rates, but i don't think they will. remember they're going through the tapering process first, that's likely to take 12 months. and that won't go, that won't end before fed then thinks about when to raise rates. but i agree with you, the era of 0-2% inflation that we've enjoyed for so long is over. we're probably in a 2-4% zone. the transitory effects, there are some, will dissipate. the supply-side shortage issue will dissipate over the quarters to come. but the underlying inflation rate, as you said a few minutes ago, just go fill up your car with gasoline, go to the grocery store, rates will move up. stuart: do you anticipate any kind of selloff in the immediate future? >> so i think it's time sometime between here and the end of the

year where we get some sort of painful pullback, call it 5-10%. i mean, the list of things to be concerned about, the slowing economy, the inflation we just talked about, the fed, what are they going to do, when are they going to do it. the fiscal policy issues that we don't know about, technically the market is not as strong as it was. i don't think it's a major pullback or a bear market, but enough to be painful. stuart: does china pose any risk to our markets? i ask because china's not vigorously expanding. they've got all kinds of problems with the communist party cracking down on every sector of the economy. does that pose a problem for us? >> it poses a problem for the whole globe, the emerging markets, obviously, in particular to a secondary degree europe and the united states. china's a massive economy and a consumer that buys a lot of our

goods, so if they slow down or as they have slowed down, that certainly impacts things. our guess is that they will enable some stimulus to come to kind of ward that off, but china -- look, more broadly when the number one and number two countries in the world, u.s. and china, aren't getting along economically and otherwise, it's never a good thing. stuart: i hear a lot of caution in your voice and from that analysis as well. bob doll, thanks for being here. thank you very much. as we mentioned at the top of the hour, this chaotic scene at the border -- that would be the number of people under that bridge -- has swelled enormously. the faa is ordering all drones out of the air. so we can't see is it. texas senator cruz has something to say about that. roll tape. >> the last thing they want is fox news actually reporting on what's happening down here, so now the faa is saying, please,

no journalists allowed. stuart: bill melugin, fox star reporter, he's down at the border. he'll bring us the latest. get the jab or get out. a florida mom is forced to reeve her apartment after her -- leave her apartment after her landlord required all tenants to get the jab. you'll hear from her. and questions still remain over allegations that general milley secretly called can china behind then-president trump's back. general jack keane says it's time we hear from general milley. general keane is next. ♪ it's the same, same is old song ♪♪ it's another day. and anything could happen. it could be the day you welcome 1,200 guests

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stuart: now this, new records show that then-acting defense secretary chris miller would have been aware of general milley's secret calls to china. lucas tomlinson at the pentagon. lucas, what exactly did chris miller say, and why is it important? >> reporter: good morning, stuart. initially, president trump's former defense secretary, chris miller, told fox news he didn't know about the calls, but then in a later interview with politico, he said he did. that undercuts what's in woodward and costa's book that says nobody knew about general milley's calls. now, we still don't know exactly what was said. former secretary of state mike pompeo is demanding answers to find out what exactly was said. >> if general milley called and told the chinese party i promise you, i'll give you a holler before we attack, this is deeply inconsistent with his responsibilities. he's not even in the chain of command. it would have been a tragic, horrible thing to do.

he'll have to account and explain what he said -- >> reporter: in his first public comments of bob woodward and robert costa's new book, general milley told the associated press today in greece his call in the final months of the trump administration, stuart, were, quote, routine and done to reassure both allies and adversaries in this case in order to insure strategic stability. defense secretary austin has come to general milley 's defense. >> again, much of what's all in that book happened before i became secretary of defense, so i can't comment on that as well and, certainly, i won't comment on what's in the book. i have confidence in general milley. >> reporter: a week before general milley's a call in january to his chinese counterpart, fox news has learned talking points were gains from then-defense secretary chris miller miller, n this call was not secret.

we expect to hear more when general milley testifies before the senate armed services committee on september 28th. stuart? stuart: lucas, we hear you. thank you very much, indeed. now, let's bring in general jack keane who is with us this friday morning. now, general milley is not scheduled the speak before congress. scheduled to speak until september the 28th. can we wait until then to get the full story about what he said to the chinese? >> well, in my view, we shouldn't. and i think general milley and secretary esper, because they're both instrumental here, you know, should come forward and provide the details, which they can, you know, in an open forum. they can certainly let the members of the congress see the intelligence that they saw which, you know, which prompted these phone calls. and particularly this, i mean, after four years of watching the media create sensationalized

stories that were attention-grabbing like this is and then they turn out, most of them, to be false or to have serious misstatements in 'em, you would think that many people would just sit back and say, wait a second here, particularly people in the trump administration, you know, who were pounded by this. so i have a general skepticism about what the book is saying and what the washington post is saying in terms of what milley may have said or did not say. yes, we immediate to hear them. but -- we need to hear them. but here's some things we can clear up right here based on what i know. number one, secretary esper is the first one that initiated action here, not general milley. he saw some intelligence, he told his undersecretary for policy, he said reach out to the chinese and calm the waters, so to speak. those are my words, but that was the intent of it. two weeks later general milley

reaches out to his counterpart, but it has to be coordinated with the entire interagency, he has to be preppedded for it, the cia is aware of it, the secretary's office is aware of it, he makes the call, 15 people are in there with him, and then they do a memorandum in terms of national security. and essentially the same reason, calm the waters. the second so-called call that milley is accused of making two days after the demonstration that became a riot on january the 6th, he didn't make those. the chinese called him. and that isn't well known out there. the chinese called him. i say again. and then he went through the same process to prepare for it. the chinese also called acting secretary miller's policy person as well. so, yes, they have to come forward and clean this up.

in my view. and i wouldn't wait for september the 28th because this story just keeps going on, and we already know there's a lot of misinformation that's being characterized in the press reports here that is just flat not accurate. stuart: but let's step away from a rush to judgment, and and let's bring in the principle principals -- principals here and ask them exactly what happened. general, last one if i may, real fast. are we being challenged now by rivals because of -- our rivals because of the afghan debacle? >> there is no doubt in my mind that our adversaries are emboldened. and you can see it already with the iranians conducting drone strikes inside of iraq against u.s. forces. they want the united states out of iraq. as far as they're concerned, they were very successful in getting the united states out of afghanistan. yeah, russia, i had a friend

that was just reporting to me from the ukraine and indicates that ukrainians are absolutely concerned about it. they believe russia is going to make a move on eastern ukraine and sort of annex that like they did in crimea. and we've before seen president xi's intimidation and coercion campaign be stepped up in the pacific. the answer to that is, yes, they are emboldened by it, and we've got to go out and counter that quickly. stuart: quickly, indeed. general jack keane, always good. thanks very much for being here, sir. always appreciated. thank you very much. back to the markets. as of right now, all three major averages are negative for the week. they're certainly down as of right now. if you look at goldman sachs, microsoft, caterpillar and visa, they are four dow stocks, they're all lower and that shaves, what, about 80 points

off the dow industrials. quick programming note, if i may. my new show, american built, premieres monday, september 20th. it's all about a america's extraordinary edging nearing prompts that opened up this great confidence. here's a preview. roll it. [background sounds] >> it was a place for the worst of the worst. stuart: no prison is more infamous than the one on that tiny island in san francisco bay. the job? build a prison for america's most dangerous men. >> gave him the term public enemy number one. stuart: the site? a tiny island in shark-infested water. >> a prison within a prison in a very remote, difficult location. stuart: hard time on a big rock, alcatraz. prisons, major engineering projects, we cover it all. you can watch "american built"

on mondays, 9 p.m. eastern. it's part of the new fox business prime lineup. the government now requires all new migrants applying for permanent residency to be vaccinated. that does not apply to those illegal migrants crossing the border. we've got the story. look at this, thousands of migrants packed under the bridge just waiting to cross our southern border. bill melugin took that video. he joins us with the latest after this. ♪ ♪ i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. crafted by lexus.

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♪ stuart: all right. red all across the board. the dow's down 120, nasdaq's down 93, s&p is down 24 points this friday morning. susan, you've got some movers. what's with norwegian cruise lines? susan: bullish news coming on bookings, they say that their oceana line set a single-day booking record, also vista has broken all-time records in just a few hours, and to them there's pent-up demand for cruise bookings. that's pretty bullish, don't you think, stu? stuart: i do. anything that shows me an increase in travel demand in the

very near future, i think that's a very good sign. i wish it was repeated in the airlines which are actually losing passengers. susan: yeah. look at this stock. jpmorgan reiterating it as an overweight, up more than 2% just a few minutes ago, but the treasury yield and also the options expiring really distorting markets today. but the hydrogen fuel cell company, a green climate winner, should continue to grow. i want to show you the latest and the greatest new meme stocks, smile direct club is up 16%, the highest since august 6th, and this is where retail traders are piling in. today, as i mentioned, you have options expiring $3.4 trillion in stock impacted today because, guess what? a lot of these retail traders, the meme stocks, how are they played? through options. now, you talk about airlines, right, stu? i'll finish up with that. if you look at it, up across the board just a few minutes ago, 10-year treasury yield hit a

two-month high, 1.38%, so that helps the airlines and underperformers. stuart: and hurts big tech, as i understand. okay, got that. all right, then there's this. the faa is banning drones at the southern border. this is just one day after footage captured thousands of migrants taking shelter, there you have it, under the bridge in texas. bill melugin, star reporter, is there. bill, what's the latest? >> reporter: yes, sir, good morning to you. that international bridge here in del rio is just over hi right shoulder -- my right shoulder, and the situation has tier rated over the last -- deteriorated over the last two days. take a look at this video that our amazing drone team shot in the air yesterday. what you're looking at is thousands of migrants underneath that bridge waiting to be processed. what we're being told is that there are close to 11,000 migrants underneath that bridge,

mostly haitians who have crossed illegally into the united states. they walk across the rio grande from the mexican town right across from del rio, they arrive in the u.s. and wait under that bridge to be processed. here's what's remarkle about this. this time -- remarkable about this. we're talking nearly a tripling in just 48 hours or so, and why this is happening? why they're having to wait under there? border patrol agents are completely overwhelmed, and their holding centers in the area are over capacity, and they don't have anywhere to put them. what you mentioned off the top the, we learned last night that the faa suddenly placed a tfr, a temporary flight restriction, immediately in the area over the bridge. so what does that mean? it means our drone can no longer fly above it, around it, near it to show you those images of the migrants under the bridge. the faa says it's in place for two weeks for security reasons are. we reached out to them, they tell us in a statement in part, quote: the border patrol

requested the temporary flight restriction due to drones interveering with law enforcement flights on the border. as with any temporary flight restriction, media is able to call the faa to make requests to operate in the area. last night on hannity, texas senator ted cruz reacted to this. take a listen. >> it really is ridiculous. i've never seen anything like that. the drone footage started this morning, and people across the country were horrified and i guess the political operatives at the biden white house saw that and decided the last thing they want is fox news actually reporting on what's happening down here. >> reporter: and, unfortunately, it sounds like things are going to get worse rather than better in the short term at the bridge. sources are telling us as well as city officials they're hearing there's going tock to be another 10,000 migrants already on the way to this bridge here in del rio. back to you. stuart: bill melugin, that's extraordinary. 10,000 more? thank you, bill, good stuff. chad wolf is with us now, former

acting homeland secretary. chad, this is an absolutely blown-up crisis here, but my question is where is mayorkas? >> well, it's a great question. you certainly have an ongoing crisis. the numbers and the pictures that you're showing now just illustrate what we've been talking about, that the biden administration has no strategy, it's a failed strategy on that border, and this is a result of that. the secretary's been down to the border. he's hearing from the men and women of the border control that they need an effective wall system, they need migrant protection protocols in place that would have prevented a scene like you're showing right now. but they refuse to put sensible policies in place to address the crisis we see today, and now the result is border patrol's overwhelmed. you're seeing these pictures under the international bridge in del rio. the numbers are going to get worse because the traffickers

and others know that individuals can come -- stuart: well, look, bill melugin -- [inaudible conversations] stuart: that's it, you see. bill melugin just told us another 10,000 are on their way to that 11,000 crowd. what happens? they come into the country and stay? is that it? >> the vast majority of them do. so the minors and family units, those numbers are exploding across the board, and they have been over the last several months. those are two populations that will remain here in the country. if you're a single adult, dhs has some ability to remove grow out of the country as soon as they encounter you, but it's limited. if you're a family, i believe there are 80,000 family units just last month as well as minors, they're increasing, they all will remain here in the united states for the foreseeable future. and let me just comment real quickly on that temporary flight restriction from the faa. that was requested by dhs. in the four years that i was

there at the trump administration, we never requested a temporary flight restriction along the border. and if you did, it would be for more than just del rio. so there's a very specific reason why they're doing. they don't want to see that drone footage. i also worked at the transportation security administration after 9/11, we didn't put up these tfrs along the border. this is unheard of, and it's to stop the reporting that we've seen from fox. stuart: it is. chad wolf, thanks very much for being here today on a very important subject. thank you, sir, appreciate it. and look at this, a mother this florida forced to vacate her apartment because her landlord requires all tenants to get the jab. watch this. >> they just said, listen, this is what we're doing now, so it's either you show proof, or we're not even allowing you to sign up on a lease. they never mentioned anything about, oh, we'll work with you or you can just take the first vaccine. stuart: we'll have more on that for you, i promise. congress going after facebook for knowingly allowing

drug cartels and human traffickers to run rampant on its site. will mark zuckerberg be held accountable? edward lawrence has the details next. ♪ hold tight, wait til the party's over. ♪ hold tight, we're in for nasty weather. ♪ there has got to be a way -- ♪ burning down the house to ♪♪ i'm so glad we did this.

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take a stand and start a new day with trelegy. ask your doctor about once-daily trelegy. and save at trelegy.com. ♪ stuart: red all across the board. we've now got further slippage in the nasdaq which is now down 127 points. the dow jones average down the best part of 200. it's a red ink day. big tech, all of 'em on the downside. that's because we've got an uptick in the 10-year treasury yield. always bad news for big tech. amazon, alphabet, facebook, microsoft, etc., etc., all in the red. i've got that. there is bipartisan legislation to stop facebook.

the "wall street journal" reveals the company did little to stop drug cartels and human traffickers in developing countries. finish edward lawrence in washington. edward, is zuckerberg going to be held accountable for this in. >> reporter: you know, stu, that is the big question. mark zuckerberg has been testifying in front of congress since january of 2019 five times and nothing has changed so far. now, the latest installment of "the wall street journal" reporting shows that documents reveal that the "wall street journal" -- or facebook knew that its site was being used by cartels and other criminals for horrifying crimes. "the wall street journal" reporting human traffickers in the middle east used the site to abuse the situation. employees flagged executives on organ selling, pornography, government action against political dissent warning that armed grupes -- groups in ethiopia use it to incite violence against ethnic minorities. some sites were removed, but a

vast majority of them were allowed to stay and continue operating. in fact, today placed sanctions against the ethiopian regime there to force the cease fire and stop the humanitarian crisis is. social media companies rely on the status quo, and that's why the behavior continues. >> i think these social media companies have banked on partisan divisions in congress that we can keep making money, we can keep growing because they won't get enough votes together to act in a bipartisan basis, but that's changing. >> reporter: senator bill cassidy cosponsoring a bill that would do a number of things and try to reform a little bit of that section 230, stu, and as you know, that's the section that gives those companies immunity. back to you. stuart: thanks, edward. seems like rampant crime is becoming the new normal in new york city. congress manny coal malliotakis says -- congress manny coal

malliotakis says deblahs owe isn't doing enough to stop it. new york city mandated the jab for all indoor places. so how's it going? roll tape. >> have you had anybody come in and say, you know, wasn't able to go in because they weren't vaccinated? >> yeah. they get angry. >> my boyfriend doesn't have it, so we've been turned down from a few restaurants. >> they were like, no, you guys gotta sit outside. stuart: michael gunzingman went around the city asking to find out, and he's going to join me with a full report in just a moment. yes, it is friday, and we want your feedback. even the bad stuff, please. sent us your thoughts to varneyviewers@fox.com. ♪ ♪ ♪ let the good times roll, let the good times roll. ♪ met the good times -- let the good times roll ♪♪

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♪ stuart: well, we're still almost 90 minutes into the trading session this friday morning, and there's still plenty of red ink. left-hand side of the screen, dow down 170, nasdaq down 121. now this, as more big cities mandate jabs for indoor activity, we sent mike gunz

gunzelman out on the streets of new york to see how the mandate's working out so far. mike joins me now. you interviewed locals, you interviewed tourists. what did you hear, and were the bars and restaurants crowded? >> all right. so it's definitely a mix of people. i interviewed people of all different ages, and some places, sure, people are still going inside, but others are hesitant. i hit the streets of new york to find out, listen, this being enforced, what do customers think and also what's the financial implications for restaurant the owners moving forward. -- restaurant owners moving forward. ♪ ♪ >> you own a restaurant. when mayor de blasio said that everybody that goes inside has to be vaccinated, what was your feeling overall about that? >> we feel safe. i think he's doing the right. we have to be safe. >> i think it should be place to place, like the owner should decide. i think it's good they're

requiring vaccination cards. it makes everyone feel safer. >> i feel as though we're back to normality. >> for the smaller businesses, it kind of sucks because they want everyone to come in, and if they're not vaccinated, they're going to lose customers. >> have you been asked to show your vaccine card? >> yes. some form of personal vaccination. >> i haven't. not absolutely every time. like, the starbucks up there, they're asking for it now. >> you can't go inside starbucks unless you show your card? >> i used the bathroom the other day, i showed them. >> have you had people that can't come in because they're not vaccinatedsome. >> yeah, they get angry. >> have you had any friends who haven't been able to go in because they don't have proof of vaccination? >> my friend came to the city, he's got a medical exemption, and we tried to go into a restaurant and they were just like, no, you guys got that sit outside. >> most of the people i know are vaccinated, but i can see how it

would definitely be stressful. >> my boyfriend doesn't have it, so we've been turned down at a few restaurants, but it's okay. we'll just go somewhere else. >> so, stewart, what we're seeing -- stuart, what we're seeing is i came on a few weeks ago and saw the carrot and stick approach, here's $100, get the vaccine. now that quickly turnedded into the stick approach where you won't be able to eat or drink inside a restaurant. i think it's also important to say this, that i feel like this is, honestly, like the modern day version of the scarlet letter where instead of the a, the red letter a, the public shaming is now if you don't have the vaccine card, you will be publicly shamed. you played the cut earlier from don lemon saying we have to go after these people. now it's like the biden friends group. i don't have my letter a card. stuart: gunz, you're all right. thanks for being here. let's bring in congresswoman

nicole malliotakis, represents part of new york city. i need your reaction to this vaccine mandate in the city. >> well, stuart, as you know when i was on your show a couple weeks ago, i said that i was opposed to this vaccine mandate because, number one, it's just unfair. you are segregating classes of people, and you're also hurting these small businesses that have bore the brunt of these mandates throughout the entire pandemic despite the fact that it's 1%, science shows, 1% is traced back to restaurants. i've spoken to business owners in my district who are either closing theirindoor area or they have had party cancellations,they are suffering because they don't have the staffing to be able to check these and insure that they are authentic, and they're concerned about being hit with significant fines by our money-grabbing mayor, bill de blasio. so it is an issue, it is a concern. i know there are a number of

lawsuits out there, one we had in state court got thrown out, but there are a number of them on the federal level not just for the mandates on restaurant owners, but also on mask mandates on health care workers as well. stuart: congresswoman, i want to bring this to your attention. on madison avenue, right in the middle of manhattan, two guys show up and say this is a stick-up. they take a rolex from somebody, and they shoot another man. if what is going on? and how do you get people to come back to the office in the city with this kind of thing happening? >> yeah, and if they're caught, mayor de blasio will give them a $1,000 stipend because that is the new program he's proposing to try to reduce murders and violent crime. it's absolutely outrageous, and it is a direct result of our mayor and the city council cutting one-sixth of the nypd budget, tying the hands of the police, taking away qualified

immunity, making sure that the state as well repeals -- i'm sorry, making sure that the state mandated a bail reform law that has released individuals including those who are criminally possessing a firearm back onto our streets and the rush by him and then-governor cuomo to release individuals out of our jails. you know, nothing's going to change -- stuart: congresswoman -- >> -- unless the voters decide -- stuart: no, it's not. nothing changes unless the politics change, and that's a fact. congresswoman, i'm sorry i'm out of time, but thanks, as always, for being with us, and we hope to see you again real soon. thanks very much. >> thank you. stuart: now this, on a somewhat related note, a landlord in florida tells tenants get the jab or get evicted. one tenant, a mother, speaking out. lauren, what's she saying? >> her name is jasmine irby. she filed a complaint with the state. she says why can't i renew my lease without having to disclose

my personal health information? >> they just said, listen, this is what we're doing now, so it's either you show proof, or we're not even allowing you to sign off on a lease. they never mentioned anything about, oh, we'll work with you, or you can just take the first vaccine and we'll work it out any longer or any extensions, none of that. lauren lauren she's looking for a new place to live with her children. here's the thing, florida law says businesses can't mandate vaccination, and he could be fined $5,000, that landlord, per violation, but the landlord says that's for businesses and their customers, not for tenants. it's gray. stuart: so it's a legal question. but there you go. lauren, thanks very much. i've got to show everybody what we've got in the next hour. pete hegseth, lara trump, steve hilton. we'll be back.

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more businesses choose verizon than any other network. we are open and ready for you. >> authentication indicating the transaction of one coin to another, and then the off shoot of that is just 30% of that reward goes directly to the state, so far, that's $5 million >> it's the idea that inflation is temporary, an that's what should be concerning. i don't think inflation is now government policy. >> you're adding additional $3 billion in spending, you're going to get inflation. >> people are just fed up and they are over it. we all want to get past it, but what we cannot do is just use id

iotic statements like you're unvaccinated, we're going to leave you behind. >> you're trying to catch up with hiding what it is they're doing and the american people aren't buying it. >> ♪ stuart: all right, good morning, everybody. it's 11:00 on the east coast, and it is friday, september 17. we're going to take a look at money for a start, and i'm afraid there's red ink pretty much across-the-board, not a lot of it but we're down today off 200 for the dow, 30 for the s&p, 127 for the nasdaq. you gotta show me big tech that's where the money is, and moneys coming out today. all of them, the biggest guys in the tech field down, microsoft, apple, google, amazon, facebook, all down about 1%, got it. now, this. we would like to update that

video of the crowd's gathering at the bridge, at the border bridge in texas, but we can't. the faa has banned drone flights around that bridge for "special security reasons." that's nonsense. the biden team just doesn't want fox to show the world what's really happening. i'd like to know how the faa justifies stopping the media from covering a major news story if trump was still the president , the media be invited in, oh,, to show the conditions, remember kids in cages and the media screaming about how awful trump is? it's so different now, isn't it? now that a democrat is in the white house. where is secretary mayorkas? he's lost control and he wants to cover things up so you can't see how bad it is. where vice president harris? she was given the border patrol job months ago and done nothing and where is the president? this is a crisis of his own making. join the campaign he invited illegals in, and then reversed

trump's successful border control policies. truth is, this is a) an incompetent administration and people would die because of it and b) it is an administration infected with woke mentality where migrants can do no wrong and we can do nothing right. the mess at the border adds to biden's list of self-inflicted wounds. that's my take. pete hegseth with me this friday morning. same question. where is mayorkas? where is vice president harris? pete: right now they have the faa to do some cya. they know it is utterly out of control. they know ideas like root causes which is always a sham from the vice president, it's about root cause then she better fly to haiti because the 10,000 under that bridge right now are mostly haitians who have been signaled to that border is wide open that they will not be sent back. ultimately i'd like to pause it,

you listed a in competence, and b wokeness, both of which are correct. c is intentionality. this is what they want. this is an open borders white house. they believe in importing illegals from around the globe which they see as future voters, so it's not a problem for them. it's only a problem for them if the fox news drone flies over it , and shows tax paying citizens of america what's actually happening. if that doesn't happen, then silently, illegals are allowed to cross the border, they aren't checked for covid, certainly not given the vaccine and quietly dispensed on buses and planes to your community for which you will be responsible. so this is a problem they don't care about. mayorkas is in charge of address ing it, biden has a problem of his own, it's a mess of their own making they are okay with, they just don't want to see it. stuart: pete you're doing a fox & friends weekend show saturday and sunday. i think you'll have a very busy

day because bill mallugan, great reporter on the border, just told us that another 10,000 haitians are on the way, adding to the 11,000 already there. you have a big story on your hands this thing is going to blow up. we really need to hear from mayorkas or somebody else in authority what is going on. last word to you on this subject pete: you're right. can you imagine exactly if it was trump this be trump's refugee camp, brown and black kids and adults huddled together , not a totally ignored. the fact that more are coming, what else would you expect to happen, of course and they are hoping we can't see it. let's hope, i know ted cruz was there, other congressmen need to go there, take their own footage and show the world. stuart: and then there's this. speaker pelosi says, president biden is perfect, hold on a second, pete, you'll get to react in a moment just listen to what the speaker has to say. roll it. >> president biden is so, we're so fortunate that he's not ran

for president before when he ran because we needed him now. he's perfect for now. he knows his foreign policy. stuart: perfect! he knows his foreign policy. all right, pete. have at it. pete: oh, he's first of all domestically he's a perfect tool for far left democrats who want to fundamentally transform our economy and remake everything as a war against climate change. when it, and a war on race, on a racism that is apparently systemic although it's not what most people experience, but on real wars, perfect? any option other than what they did would have been better than the worst case scenario they created which is a terror mega state with our weapons, with legitimacy where jihadists will descend from around the globe. this is the kind of straight lie s that someone like nancy

pelosi can give to a media which will lap it up and not be critical about it. she knows deep down it's a disaster. they know that joe biden has no idea what he's doing on the world stage. they just don't care, because they're domestic priorities are to remake this country as a climate warrior country, as they control our lives and use covid as well, so it's a joke. it's an absolute joke. we're so fortunate to have commander-in-chief biden right now handing us the fiasco that we have in afghanistan. stuart: all right, pete. as we said earlier, we will be watching you on "fox & friends" weekend, you start tomorrow morning at 6:00 a.m. you are going to have a good show. hope you can give us the latest from that bridge. thanks pete we'll see you later. let's get back to the market, please. it's a red ink day, all across-the-board. we now have the nasdaq down 140, dow is down 200, and jonathan hoenig joins us this friday morning, you think a corrections coming, don't you? all right make your case. >> well it's already underway

actually stuart but i have to tell you i believe listening and watching for americans built on the 20th at 9:00 p.m. central that's on 9:00 p.m. eastern sounds like an amazing show but yeah i do believe a correction is already underway in stocks. if you look under the hood, 56% has already fallen by 10% since may and 90% of the russel 2000 are the small cap stocks, so look, without big tech the markets 4% gain for the quarter would only behalf that, so the market correction is already underway, it's just big cap tech that's finally catching up with the rest of the names. stuart: how big a correction do you think we're in? >> well, a correction itself means 10% from the high, and we haven't seen that, especially from exactly those whose small few names stuart are the fangs that we look at every single morning, every single day, because they are such a big part of the overall market. i mean, the big cap tech stocks, stuart, are about 10% of the overall market, that is the highest concentration we've

ever seen, so a 10% move from the high, which we haven't seen in quite sometime, i think that be in effect just start where this market could go. stuart: well do you think we'd get a 10% correction in big tech >> oh, easily, stuart. look, that be norm for the course. we haven't seen even a 5% correction in a lot of those names. there's an old line from the show west wing that i love. you have to see the whole board, jed bartlett, and the same idea comes when looking at the stock market, stuart. gold, in fact, is a great leading indicator oftentimes for stocks. we keep talking about inflation but gold is actually down for the year, and it oftentimes is a great indicator of liquidity, when people sell gold , when they need liquidity, they sell everything else so the fact we've seen gold and stocks, and the bond market down , to me, smells what's needed here is liquidity, and a lot of people are looking to sell assets at large. stuart: well last one, are the cryptos a source of safety, or are they a source of money

to take out and backup your stock investments as they go down. >> well they are head scratch ing to me in general, stuart. i'm on the record calling bitcoin a bubble at 30,000 and it ultimately has gone north of 50,000 and even higher, but this is exactly the type of asset that i don't think you want to be in. it's the type of truly speculative asset for which there is no underlying fundamental reason, at least something like gold or soybeans or oil you can say or even microsoft you could say there's a fundamental operating business here so crypto is exactly the type of asset, like big tech i think you want to be avoiding right now. it could only occur in 2021 or 2020 when a lot of risk assets are on the table certainly could have occurred in 2008 or 2009 so this is a time to lighten up in the markets themself today are showing us just why. stuart: jonathan i hope you're wrong but we're very glad to see you telling the truth as you see it, mr. hoenig thanks very much indeed. >> i'll be watching, thanks, stu. stuart: you're a good man thanks

very much. come back in again lauren. you're looking at apple, it's down quite sharply. are there some issues with the apple card? lauren: so customers started pre -ordering the new iphone 13 about three hours ago, already several tech issues preventing some of those orders from going through. so an apple card you get 3% cash back so if you want to buy an iphone that cots $1,000, you get some money back. they were given messages like this. a problem with the card, try another card, also, issues with the apple pay app, not working. my very scientific term for you, these could be bugs, [laughter] in the system or it could be, you know, big volume. the shipping times for the most expensive iphone that costs as much as $1,600 by the way, now pushed to october so maybe there's volume, maybe there's bugs, maybe a little bit of both but a lot of apple fans are mad this morning. stuart: and the stock is down 1.5%. all right lauren thanks now this 1.8 million people boarded plane

s yesterday. by the way its been 10 day since tsa checkpoints screened 2 million people. is this the start of a fall travel slump? a good question that is. tesla rolling out new self- driving software but only for "good drivers" so what constitutes a good driver? we'll try to explain. san francisco requires masks to be worn in all in door public settings, so why was the mayor just spotted without a mask at a nightclub? another case of rules for they but not for me. >> ♪ we finally found the perfect house. yeah, we couldn't believe the deal we got. just lucky i guess. (sfx: airplane flying overhead) we're a little closer to the airport than we thought...

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>> ♪ stuart: right there is philadelphia international airport, 73 degrees and cloudy. we continue from there with the story about the tsa, it has missed the 2 million passenger mark for the last 10 days. there's a travel slowdown. grady trimble is at o'hare airport in chicago. what's causing the pullback in travel, grady? reporter: stuart it's partly delta fears, partly the normal tapering that happens at the end of summer, but the big problem for the airline and hotel industry has been that business travel just hasn't returned, just as a lot of companies we're starting to allow business travel once again, they pulled back, because of the delta variant. i talked to the president and ceo of the american hotel and

lodging association, and he says the industry is expecting $59 billion in losses in 2021, because of the lack of business travel. on a positive note though, he does think that we've reached the other side of the delta variant peak, and thinks it's on the decline now, and now, he says, we have to learn to live with this virus. listen. >> the last part of 2021 is going to be very tough on the industry. we're going to have to deal with the ebbs and flows of this virus and that it shouldn't shutdown our normal business activity, nor our normal leisure activity. i think once we get to that point things will trend back towards normal, but then they take another year or so. reporter: the good thing when we see this pullback in the number of travelers is that airfare has also gone down. its dropped about 10% in september from august. the folks at the travel booking app hopper, stuart, tell us that now is also the time to book

your holiday travel because prices are the lowest they will be for the next several months. stuart: i hear that, grady. i do hear that and i like it too thanks very much. now this , can't believe this , but more covid mandates could be on the way, in california. listen to this. >> be affirmative. don't be timid. lean in, because at the end of the day, it's not just about the formal authority of setting the tone and tenor on vaccines and masks, but it's the moral authority that we have. stuart: the moral authority! that's great isn't it? dave ruben is with us. the recall failed and newsom is talking about new restrictions. dave, i can not believe that that is popular. >> well, stu, i suppose, as a californian that gavin newsom has some sort of legal authority over me since he is still the governor but i assure you he has no moral authority over me or moral authority over any

other citizen of this once-great state. i don't know anyone that wants more mandates here. people, i think, have decided to either get the vaccine or not get the vaccine. people have decided to wear mask s or not wear masks but the fact that the day after this recall election, los angeles decided vaccine passports at bars and stadiums and a bunch of other venues, it was just sort of throwing it in the face of all of the good people who just want to go back to work, just want to get out of their houses, just want to return to some level of normalcy , maybe open up their restaurant and you can just see it in the way newsom speaks. he loves this power, and it's not going away unfortunately. we had a chance and we blew it. stuart: but there's no republican alternative. i mean, there isn't. the republican party is not very strong in california, so there's no real political alternative to newsom, and the way he thinks. i think california's going to is in a mess and will continue to be in a mess.

what's with it, with californians, dave? >> i don't know, is it the sun and the beaches that have fried these people's brains they keep voting for lefties, their taxes keep going up, property prices are going up, nor homelessness, more drug use, more crime and they still blame it on republicans but you're completely right that the republican machine in this state is completely completely broken. that being said, you know, i supported larry elder in the recall. he actually did get an incredible percentage of votes. it looks like it'll be over 48% of the people who voted yes on recall voted for larry elder which is actually more, it'll probably end up being more than voted for schwarzenegger back in 2003 by percentage that being said, the state is seriously screwed up. there are way more democrats here than republicans, and unfortunately, at this moment, i don't see a path for it to get better and i think a lot of people, almost everyone that i'm talking to, is thinking about leaving. stuart: dave, i need your -- >> we know that they have the first time, yeah.

stuart: that's right they did and lost a congressional seat as well. i want your comment on this. the mayor of san francisco caught breaking her own mask mandate, partying maskless with the co-founder of black lives matter at a nightclub. it looks like another case of rules for the and not for me, it just keeps on happening, dave. >> it keeping on happening and by the way it's not going to stop happening, much like aoc demanding mask mandates but then going to the met gala at that $30,000 a plate event. they are going to keep doing it, gavin newsom will keep going to french laundry with lobbyists and lockdown good people. this is a fight of our time and i hope good people realize what's happening here. stuart: i hope they do. dave rubin, always good today thanks for being with us, thank you, sir. back to the markets, and check out that red ink, i'm afraid. dow is down 130 now, nasdaq is down 114 and we got news on general motors. they are halting production on

the chevy bolt electric vehicles until mid-october. they got battery issues and of course, there's that ongoing chip shortage. general motors getting close to $50 a share. if you want to use tesla's new self-driving software, you have to pass a test. hey, good morning, ashley webster, what kind of test are we talking about? ashley: good morning, stu. well, elon musk says before you can download this latest version of the self-driving software, the company is going to analyze the driver's data over a seven- day period and use what it calls insurance driving behavior calculator to determine if the driver is good before allowing the download so you don't have to get a pen and paper and actually take an exam but you'll have your driving habits examined. that could be a little tricky, could it not, for customers who have already paid for the software, do they get a refund if they are a bad driver? i guess that needs to be sorted out the latest upgrade to enabl ing tesla vehicles to

virtually drive themselves both on highways and city streets but it is still requiring the driver to keep the hands-on the steer ing wheel and be ready to take control. the software that elon musk calls mind blowing will be widely available one week from today. so if you're a good driver your data will back it up. >> we'll see about that one. i've got another one for you, ash. found this very strange. ashley: yes? stuart: pennsylvania is limiting alcohol sales. why are they doing that? ashley: yeah, could be a rough weekend for those folks. pennsylvania's state-run liquor system is rationing the sales of a few dozen products, in fact in response to what it describes as a supply shortage beyond its control. starting today, there will be two bottles per day purchase limit for customers at state stores as well as for bars, restaurants, and other license holders. the state blaming sustained supply chain disruptions and product shortages for the restrictions. the list of rationed booze

contains specific types of champaign, bourbon, tequilla and whiskey. not going to be a great weekend apparently. stuart: the last time i went into a wine store or liquor store, the shelves are bulging with liquor. it's all over the place and they say we've got a shortage? what a joke. thank you, ashley. that was funny, i've got to say. msnbc's host joy reed admits she was hesitant about the vaccine under trump but is okay pushing it under biden. we've got the tape and we'll show you. bill maher fed up with covid fear mongering, good for you, bill. here is the tape. >> liberal media has to take a little responsibility for that, for sharing people. stuart: [laughter] lara trump is here to respond to it all, next. >> ♪

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stuart: that's the empire state building new york city this morning it's only going to be 71 degrees in the city. let's get to the markets please, we still got plenty of red ink all over the place. susan come in, please, because you are following what? innate pharma. >> so it's a stock we don't talk much about but today hitting a record high, after presenting some positive data on its cancer therapy drug, a mid- stage study and innate is partnered with astrazeneca developing a antibody drug to treat a certain type of lung cancer up 43%. i also want to show you a chip supplier again another stock we don't talk a lot about, but downgraded today from bank of america to under perform and bank of america says it's only worth $93. you've heard of thermofisher, stu? stuart: no, but go ahead tell me >> so look at the stock up 7.5% a record high because they make lab equipment and software, earnings were fantastic and

apparently, their sales are doing even better than anticipated this year, and let's just take a look broadly at the entire sector of high growth, high-tech names because really, it's the drag today on the broader market. you have the 10 year yield hitting that two-month high of 1.385 and the reason why it's so tied to the 10 year treasury yield is because when it goes up , the yield goes up and it makes these stocks look more risky, more expensive, also as i mentioned to you you have options expiring today which is really distorting the market $3.4 trillion, stu, a lot of money being impacted today. stuart: you never know how it shakes out right before the close of trading and you can never quite tell. >> volume is huge. stuart: we used to say that when trump was president, huge! >> [laughter] stuart: haven't said that recently. all right, susan let me move on to this. i actually agree with bill maher he is taking on the liberal media for fear mongering about covid. watch this. >> i have to cite a survey that

was in the new york times. the question was what do you think the chances are that you would have to go to the hospital if you got covid? the answer is, between 1 and 5%. 70% of democrats thought it was way, way, way higher than it really was. liberal media has to take a little responsibility for that, for scaring people. stuart: all right, lara trump is with us right now. lara, i'm sure that for once in your life, you agree with bill maher, because they really are trying to scare us to death aren't they? >> yeah, well, this is maybe this second or third time i've actually agreed with bill maher. i don't know what's going on, stuart. dare i say, has he possibly started coming over to the side and realizing maybe he's more conservative than he thought especially when you see how far left and crazy the democrat party has become, but he's exactly right. what we have seen over the past year and a half in america is just as basic fear mongering that people have been completely

terrified of covid and look, for certain people, obviously, it is a very serious matter. obviously we have had so many people die of covid. now, we have a vaccine, now we have therapeutics that work, now we have a better grasp on the disease as a whole, but you look at like the way we're dealing with the kids. i mean, my goodness the seasonal flu, stuart, is much more dangerous for children than covid-19, yet we are making our kids wear masks in school, we are in some places mandating that kids get vaccinated, at least a lot of colleges are doing that, so if you actually look at the science, it is very different than what the mainstream media, the liberal media to bill maher 's point has been telling people, and it's really sad because now, gosh, how many people do we see in their cars with masks on by themselves? the person i just was out earlier, i saw somebody on a bike, nobody around them, with a mask on. it's time to calm down about covid and actually look at the

facts. stuart: yes. any new cases are always regarded as a surge if there are fewer new cases it's not reported. that's the way it works. it's always surging. we've always got to be worried. let me ask you about this. msnbc host joy reed admits she was hesitant about the vaccine under trump but not under biden. listen to this. >> i understand the hesitancy. listen i was hesitant with donald trump was out there controlling the cdc and controlling the fda, and manipulating them and making them put out falsehood anybody rational was hesitant but the reality is now, what i really fear is more masses of people dying, and disproportionately they look like you and me. stuart: all right, lara, have at it please, you heard what the lady had to say what's your response? >> anybody who rational was hesitant, joy, really? i mean, these people are responsible, i would say, for a large majority of america being

very hesitant now about the vaccine and it wasn't just joy reid saying these things because it was under president donald trump. what a dangerous message to say. i'll remind everyone it was also our vice president kamala harris who was happy to tell you all last year that she was not going to have a vaccine if it was developed by donald trump and his administration, and now you see the result. now you see that it is a large majority of african americans in our country who have not gotten vaccinated and you know what? some of these people hold responsibility for that. whenever you politicize something like a vaccine, medicine, anything like this , it is incredibly dangerous, but these people didn't care about it, because they hated donald trump so much, they wanted to spread any sort of negative message about him and they thrive off of politicizing everything, so now you see the result and these people at the end of the day actually are the ones that are most

responsible. i would say, for a lot of people in this country being hesitant about the vaccine. stuart: fortunately, very few people watch cnn these days but that's another story, all right, what a great pleasure it is to have you on the show. we'll see you soon thanks. tom brady, he's in the news. he just revealed how much longer he plans on playing football. we've got the clip for you. instagram accused of being toxic for teen girl's mental health. steve hilton has been sounding the alarm about kids on social media for a very long time. he's on the show, next. >> ♪

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the trading session, and the nasdaq is now down 155 points, and there's this. florida is close to making sports betting legal in the state. florida is finalizing a deal with a tribe to give them exclusive rights to sports wagering, got that. and then we have tom brady, he was just asked, how much longer he will play football. ash? what did he say? ashley: 75, 75, no actually how about until he turns 50. if anyone could play in the nfl until they were 50 years old, it would have to be tom brady, right? want you to take a listen to tampa bay's tommy and gronky show where teammate the gronk poses the question to the star quarterback. take a listen. >> can tom brady play until 50 years old? >> i don't find it so difficult , and plus in florida it's kind of a retiree, state so i feel like i can play and just glide into retirement. i think i can. i think it's a yes.

>> well they let tom play until 50 that is a way better question >> that is an important no. that answer. stuart: wow i'm not sure about his wife, gizelle, but the seven time super bowl quarterback has always maintained he plans to play until his mid-40s guess what he turned 44 last month but showing no signs of slowing down leaving the season opening victory over dallas last week he's truly remarkable i wouldn't bet against anything when it comes to tom brady, stu? stuart: neither would i, ashley, nicely put, well said. something serious here. we've got this report that shows facebook knew, owe knows, that instagram is toxic for even girls. a group of lawmakers wants mark zuckerberg to abandon his plans for instagram for kids. i want to bring steve hilton into this because he knows a lot about this subject and spoken about it frequently. steve, i think facebook is in trouble on this.

what say you? >> yes, because it's not just the fact of what they did, stewart, that's so damaging for them. it's the revelation that they knew, that they were told, not just on this particular aspect of it, in terms of the damage to particularly young girls, but also, as part of this reporting from the wall street journal, we're learning they were told that the platforms that they run are also contributing to anger and hate and division and so on, all of the negative things, that we keep being told about, that they keep denying, but it turns out that they were told internal ly all along and instead of doing things to actually counteract that, they continued to make it worse, so i think it's the deceit that's going to be a real problem for them as well as the substance of the accusation. stuart: now, steve, you don't like kids on phones, you don't like kids being faced with a screen all the time. you said that many times on this program, but in china, the communist party, has just

limited kids to video games, just three hours a week. now, wait a minute. are we in a very strange position? steve hilton agreeing with the chinese communist party. >> it's unbelievable. i can barely bring myself to say it. i noticed that tucker carlson actually said the very similar thing. we both have been very tough on china and actually, there's definitely a lot of good sense behind that plan. what i really reject though, and i think this is where we can come to an agreement, is that yes it's true that we need to limit the screen time that kids have. we have the same situation in our own household, and they love these video games and when that china announcement came out i joked about it and said three hours a week is as good enough as the chinese will do and of course that was a joke but the real point is thanks to technology, thanks to some of these innovations that the companies have made, you parents can put limits on their

child's screen time and video game usage. you can do that. it's a little complicated but it's possible to do it, so you don't need the government doing it for you. parents can take that responsibility and they can put limits on using technology. stuart: do you still think it's a bad thing for young people say under the age of 12 or 13, to have a smartphone? >> yeah, absolutely. i would say 16. there's no question that when you said earlier, do parents want this? no parent actually positively wants their children to be able to use a smartphone. what they say is, well, their friends have it so i can't say no, because you don't want your child to be left out. that's a totally reasonable principle, so actually, it be helpful to parents if there was a society-wide assumption or presumption, a ban on kids having phones. doesn't mean they can't be in touch. i'm not against regular phones,

where they can keep in touch, the parents can say if you get into trouble, if you're on your bike and there's an issue give me a call. not a problem with that at all. the point about smartphones is that it it is unconstrained access to the internet. kids don't need that. they should have supervised access to the internet. stuart: does it hurt their brains in some way? i think you were saying that before. >> well there's certainly research that shows that what you're doing there especially with the video games especially at an early age is over stimulating the brain, so it actually affects the neuroscience, and so it means that they're more dependent, more addicted to quick stimulation, bright sounds and colors and all of the rest of that. that means that the normal world is less interesting to them. that's why you're seeing very damaging social trends, for example, kids actually wanting to spend more time on their devices, than in the real-world, with actual friends. that can't be good for society. stuart: well don't let your kids go on robinhood, because invest

ing on robinhood is like playing a video game. they might get into it. by the way can we see a picture, please, of your puppy? can you put it up on the screen, please? there she is. i repeat, there she is. why does she have a boy's name, george? >> so listen, stuart and ashley , you both know there's an english aspect here. i'm a proud american as you know of a few months standing now. our boys named george. you remember there's a very famous kid's book series called the famous five in the uk. one of the characters is called george. she's a girl. good morning is, in england, often used as an abbreviation for georgeina, so that's how we ended up with george. stuart: that is entirely acceptable steve hilton. there's nothing wrong with that at all. we'll be watching you, and maybe george too, on the next revolution, sunday at 9:00 p.m.

eastern on fox. good stuff, steve thanks very much. show me those stocks please, the dow 30 just give you a sense of the market it is down across-the-board. don't go anywhere please, friday feedback is next. >> ♪ it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats.

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don't miss our weekend special. save up to $900 on sleep number 360 smart beds. plus, free premium delivery when you add a base. ends monday. to learn more, go to sleepnumber.com. >> ♪ stuart: nashville, tennessee right there. the music city, of course. let's get in susan, lauren, ashley, this is friday feedback, so let's get started. first one comes to us from jim. here we go. do you think we will have a 10% or more correction by the end of the year? susan? this one is for you. >> [laughter] okay if i answer it hopefully i'll hear stuary varney's take as well. i would say the most don't expect a 10% correction by the end of the year. they do expect an announcement of the tapering in november when they pullback on the $120 billion in monthly bond purchases. stuart: you're nodding, ashley. do you see a 10% correction before the end of the year? you're on the spot now.

ashley: no. i know, but no, i don't. people have been talking about it but we're already into september, no. i do not expect it. 5%, possibly. especially on news of that tapering but not a 10%, no. stuart: lauren? lauren: pullback 5%. stuart: yeah, okay. you've got it out of me, susan i agree with that and i think there will be at least a 5% pullback. lauren: at least. stuart: october-november time, yeah. i'm very worried about it actually. i'm going to move on. yancy comes to us with this my wife teaches government to high school students. when the students learned about citizenship, my wife always shows the clip of you celebrat ing when you became an american. your enthusiasm inspires her students to better understand what it means to be a citizen. by the way that is a split infinite. you're not allowed to say to better understand can't do that but thank you very much for that comment. that's very nice of you to say that but that was me, 2015,

became a citizen, and i'm still a citizen, and i'm still proud of it. all right? move on. brenda writes this. i know your interest is in putting on a good show, but i cringe every time you give bad news and say "good stuff." it's not good stuff to your audience. it's only that you and your production of a show. i watch every morning and enjoy your show. please stop with the "good stuf" well, it's just an expression, brenda. just an expression, really. i mean, come on. good stuff? what's wrong with that? i also say it to you, susan. >> rarely, but i do pay attention when it comes through, i'm like did i hear that correctly? i don't know. ashley says it anyway. lauren: ashley says it too. stuart: he does. well that was good stuff, susan thank you very much indeed. >> [laughter] stuart: jay gives us this. i wish your show was on tv 24 hours a day. come on! you could do it. just drink more coffee to stay

awake. we're going to go around the block on this one, susan, ashley, lauren, would you like to see the hours of this program dramatically extended? susan first. >> [laughter] well depends on how much you feed stuart and hopefully he'll get the endorphins going for three hours but that's hard to extend. stuart: is that a yes or a no? >> i think it's dangerous how about that? stuart: all right, lauren? lauren: yes, with the caveat you have to define dramatically. 24/7 no way. stuart: absolutely not. can't do that, no. ashley? are you tempted to work more hours? ashley: um, yeah, why not, but i think if anyone could do it it's you stuart varney. i know you would love to do 6:00 a.m. to noon just to get going on that and i wouldn't put it past you. stuart: [laughter] lauren: no comment and he's silent. stuart: yeah, yeah, no comment on that. okay. we gotta go. i'm washed out that's a fact.

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stuart: lauren? lawrence: quincy jones because he's been at this, what, 70 years? stuart: ashley. ashley: beyonce, no doubt. stuart: show me the real answer, what is it? george solti. he won 31 grammys, he was the director of the chicago symphony orchestra. how about that? time's up, folks. very sorry. neil, sir, it is yours. neil: good stuff -- [laughter] all right. thank you, my friend. always good seeing you. have a wonderful weekend. all right, we're following a lot of things, waiting to get word from the fka exactly what they're going -- fda exactly what they're going to say about booster shots, now the question is will they allow that, recommend that, bifurcate it and say maybe for the elderly or those with compromised immune systems. we're also following u