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 up remarks

from general mark milley, chairman of the joint chiefs of staff, responding to this bob woodward book that's out in which he talked about his discussions with his chinese military counterpart in which he said everything he did was on the up and up and that it was perfectly within duties and responsibilities of his job. he added that he would explain his actions in greater detail during an upcoming appearance before congress. we're covering all these issues, and on that milley stuff as well as our growing threat with china these days. we've got a retired u.s. four-star navy admiral. ryan, a year ago, was talking in the midst of the pandemic that new york wasn't only going to come out of this, it was going to come booming out of this and, sure enough, it has. the nashville tree company behind all those christmas trees, they're kind of

recommending you come soon to get them because they might be hard to get them. and ashleyed moody, one of those attorneys general, she's from florida, that has signed on to a legal protest suing the administration to say that you cannot mandate vaccines. all that coming up. let's go first to rich edson on this developing china story, not so much the milley story, but the administration's posture right now because things are getting pretty dicey. explain, rich. >> reporter: they are, neil. and this also comes at a time where the chinese government has applied to join a massive 11-country pacific trade agreement that, oddly enough, was created several years ago to counter china's growing influence in that region. china's foreign ministry says it is officially applying to join what is now called the comprehensive and progressive agreement for trans-pacific partnership. it would help promote economic integration in the asia-pacific agreement, that's what committee

committee -- china's i saying. used to be known as the trans-pacific partnership. the obamaed administration if negotiated it. and early in his administration, president trump withdrew the united states. this comes as china's relationship with the west is deteriorating further. the united states, the united kingdom and australia have just entered an agreement with the u.s. and u.k. are going to provide technology to help australia create nuclear-powered submarines all during a time when american allies are trying to counter, in a way, in many ways, the growing influence that china's military has in that region. >> the world saw china's aggressive response when australia led calls for an inquiry into the origins of covid-19, and beijing has seen is over the past months that australia will not back down and that threats of economic retaliation and pressure simply will not work. >> reporter: so china opposes that agreement, but there's also another problem for the united states and the united kingdom and australia on this submarine

deal, and that is that france to opposes it. france has signed or had signed a $40 billion submarine are deal to sell subs to australia. australia has now canceled that contract as a result, the french are not pleased with all of this. they have lodged their protestations, they have called this a knife in the back. they have also canceled tonight a reception at the french embassy in washington, d.c. that was designed to celebrate the battle of the capes 240 years ago. that's where the french defeated the british, the siege at yorktown which paved the way for the creation of the united states. neil? neil: when they cancel a party, you know it's a big deal. rich edson, thank you very, very much. man, oh, man. let's get the read on this from dan joseph. to say he's a china expert would be an understatement. the book, "the china learning curve," spells out how we deal

with the chinese. from almost all indications, they're and spit-fire angry. they're talking about bringing carriers off the coast of hawaii as a sort of take that, america, with you doing that in the south china sea. where is this going? >> well, certainly i think one result is that china is going to harden its position, at least in the short term. you who won't see is it back off -- you won't see them back off the large increases in defense spending and some of the naval operations they're doing in the south china sea. longer term, bigger picture, china might notice there's agreement among the allies. in the last couple of months we've had the u.k. and now germany send their boats through the south china sea, freedom of navigation type of things, now we have australia, that was a great quote saying they will not back down. so what china needs to see is it wasn't just, you know, donald trump's rhetoric. trump succeeded in kind of pivoting policy on china, and now we're seeing more and more, more coalition among the allies.

and that in the long run maybe -- i'm not saying definitely -- will give china pause because i don't think they're getting what they want. they've got a lot of hostility on their borders, and now they see all the advanced economies lining up against them. neil: not all the economies, right in not all the companies in those economies. so china seems to be working them to say, all right, you know, you're looking to do business here, we have a good mutual relationship, wouldn't it be a shame if something were to happen with that. and only -- some of those who really, really depend on that might balk. australia's unique in that it does have quite a link with china, but it's been willing to risk that. what about these other countries? >> we do have to walk a fine line. simply, you know, disengaging from china economically would be extremely expensive, not to mention i don't think it's necessarily the right thing to do. there's still things economic

engagements on the right terms -- protecting against unfair trade -- can do to help the relationship. i think it has helped china immensely over the last several decades. i do think they've changed compared to the 1970s. we've just got to make sure it's on our terms. so economic engagement is going to remain, but i think australia's a great example. china tried to push australia around in a couple of different instances, and this is australia's response. i actually think this is the direction it's going to go in. there's going to be a little bit of pain. the german automakers aren't going to like it, but i think we're going to see the advanced economies linking arms and saying, listen, we'll engage with you on fair term, but we're not going to yield on all these other issues just to sell a few products in your country. that's the direction we're going in. neil: all right, thank you, dan. let's go to gary kaltbaum. gary, without taking political sides, how you feel about the

politics of all of this, let's say it gets to the point where can china's saying tit for tat, it's already risked its own economic success by going after some of the most successful companies that want to list here, so you could say that boomerang back on the chinese, they don't really seem to give a damn. so where is this going forward for the markets? >> effectively lower prices. look, when you're a $15 trillion economy with 1.4 billion people and you as a government are actually crushing your own domicile companies to the tune of where their educational stocks dropped 90%, alibaba's down $400 billion in market cap, they prevented ant financial from going public, you never know what's next. and apple does 17% of their business in china. that's small, but then you have some semiconductor companies, so

they're going after their own companies, who knows what's next. i'm watching closely. i'm staying away from anything china, the etf if have been crushed, their stocks have been crushed. i just don't know what's next when you take a step back and recognize this is something we may have to deal with for a while. neil: you know, we've got some high flying companies in this country that like that relationship with china. apple's a good reminder, you know? you could extend it to tesla. they're just a couple of the big names but many others. could this get to be a tit for tat that hurts them, that investors shy away? >> i gather the ambassadors of these companies that's obviously talked to china probably on a weekly basis are continuing in talks all the time after what they are seeing that's going on with the, their own china companies to make sure it

doesn't affect them. so again, this is to be closely watched because any move by china to start being restrictive or getting tougher on our companies is going to affect things in a big way. and i can tell you over the last few days some of these biggies have been coming in. i think there's somewhat of a direct correlation. you have china speaking a lot louder right now about what they're doing, about what you're talking about there, their ships. they were 12 nautical miles from alaska a little while back, and that would threaten around hawaii. i think that does have somewhat of an impact and, hopefully, cooler heads prevail or i think we get some more downside. if. neil: yeah. it's definitely not good when an american president talks to xi jinping, the chinese president just to say, all right, we should get together and have a meeting, and he turns him down. that's all but hanging up on the

guy. and some of these other aggressive actions that china's taken, you know, there's very little wiggle room when it comes to making a huge mistake. >> it's not just news, it's also perception of the news, and it's also how things look going forward in a market that has real high valuation and maybe a fed that's going to slow down the spigot. so all these things coming together towards the end of the year with, that's why you're seeing some weakness. and even though the big indices are not down that much, i can tell you that 90%9 of the russell 2000 is down over 10%, i think over 50% of the s&p's down over 10. so there's been some underlying weakness, and now they're starting to get some biggies. and if that continues, you'll see, finally, dow, s&p and nasdaq start heading that way too. so eyes wide open at this juncture, my friend. neil: all right. and as you often remind me, gary, it is september.

technically the worst month for the stock market. october gets all the press, but it's actually september. still a ways to go this month. let's see what happens. gary, great seeing you again. thank you very, very much. we're getting word right now from the surgeon general that the u.s. is ready to move forward on this covid-19 vaccine booster. with the caveat that the fda, cdc has to complete their evaluations. the fda could be as soon as today, the cdc presumably next week. but if they recommend against it or think that it's not a good idea, then what? after this. ♪ are you reeling in the years, stowing away the time in. ♪ are you gathering up the tears? ♪ have you had enough of mine? ♪♪

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will be available, there's a big divide in the medical community as to whether it's even necessary right now. whether the administration might be rushing this. fda meeting on that issue today. the cdc next week. and we've got the latest right now from mark meredith at the white house on where all of this is going. mark. >> reporter: neil, good afternoon. good to be with you. are booster shots needed or not, that's really the question the fda advisory panel is trying to answer right now. two different schools of thought here, but later today these officials are expected to give a recommendation once and for all. the debate over boosters has certainly been controversial. we've seen two trains of thought here. dr. fauci and other top health officials say they support a third dose even though we've got 180 million people already vaccinate. but we're also hearing from others even at the fda who believe these boosters are not needed. some of those same officials are even leaving their jobs over

opposition to boosters. they believe the current vaccines that are already approved, already out there there are more than capable of holding up. >> covid vaccine ises continue to maintain high protection against severe disease, hospitalization and death. however, it's difficult to distinguish the effects of increased time. >> reporter: that was part of the clip from earlier today. you see the debate still ongoing. it's not a completely done deal, you've got the cdc meeting next week. the white house is preparing for this eventual approval, they say they'll be ready to roll out the shots once they are approved. in new york city, they're going to be ready to offer a third dose. so that's the medical debate. there's also a political fight right here at the white house. 24 attorneys general sending a letter to the president yesterday saying back off these mandates, they're illegal, and they're going challenge them in court. but, neil, we are seeing no indications that the president plans to back off. in fact, he says he's got the business community behind him.

this not only impacts the medical community and americans, but the political realm as well. neil? neil: i want to bounce something off you real quickly, mark, on the strategy of the white house to push this mandate thing, that the administration knows it's on, you know, very, very thin ice legally. on forcing this issue, but the hope is as it winds its way through the court, by the time that's ultimately decided maybe all the way up to the supreme court, you know, so many more americans will be vaccinated, it becomes a moot point, and they've won that way. what do you think of that? >> reporter: no, you bring up a very good point because anything with the courts is going to take time. it's not like a lawsuit's filed monday, by friday we have the answer, everything's done. this would continue. but, obviously, you have these different attorneys general in so many different states, 24 states here, saying that they're not going to enforce this. you do have to to wonder for these businesses what does it mean if you're the business in texas versus the one in north

dakota? there could be a difference of opinion there. for the white house, neil, you would imagine that they realize this is going to be a fight that's going to keep going, but they also feel like they've got time on their side here and, like you said, the goal is to see people vaccinated. maybe this'll convince enough people in the meantime to do just that. neil? neil: thank you, mark meredith, at the white house with that. in the meantime, there is this other battle royale over putting together this massive $3.5 trillion -- and i always think that's a misgnomer, it's closer to 5, 5.5 trillion. those taxes are really concentrated on the nation's wealthy and corporations. let's go to hillary vaughn who's been following this very closely. hillary, where do we stand? >> reporter: while most of the action is in the house, that is not stopping some moderate senators getting involved in speaking with their moderate aing lies in the house. --

allies in the house. the house is working to finalize the details and essentially trying to beat the chock to get it ready for a vote. house leader steny hoyer saying they have september 27th penciled in for a vote on the hard infrastructure bill, but progressives have demanded a bill on the social spending package before that. there are reports that senators sinema and joe manchin have been back channeling with allies in the house expressing concern about some of the pay-fors in this package that passed out of the house committee. today the white house economic adviser signaled the details are not set in stone. >> the president is and has been open to compromise in this process. you saw that in the context of the infrastructure bill that he negotiated. what he's not willing to compromise on is the urgency in moving to address deep structural challenges we have in our economy. >> reporter: joe manchin, axios supports9 that the president did

not persuade manchin in his oval office meeting this week to swallow that $3.5 trillion spending spree. some critics say the u.s. has a spending problem. total tax revenue has ticked up consistently since 2016, but the president yesterday made it clear he wants to charge forward with this new spending and made it clear who he wants to pick up the tab for it. >> they have to pay their fair share of taxes. pay your fair share. pay your fair share. finally beginning to pay the fair share of what they owe. just make them pay their fair share. >> reporter: when you look at the 2018 irs data, the top 25% of americans actually pay about 85% of all federal income taxes are. neil? neil: and the top 1%, 40%.

it's wild. hillary, thank you very, very much. i know i keep repeating on this show, but what is fair share? i remember when they wanted to unto do the reagan tax cuts that had brought with rates down to high 20s. they said they had to get it up to at least 30%, that would be their fair share. then it was raised the about 35 percent, now they were paying their fair share, then it went up to about 37%, now we're getting closer to fair share, then 39.6%, now we're touching it. that reverted back to 37% under donald trump, they're not paying their fair share, now this proposal that could bring the combine top rate when you include capital gains and surtaxes to 43.4%, still not quite the fair share even at the base of 39.6% and these add-ons. then they talked about surcharges that would go to the super-wealthy of 3% on added income that brings it close to

50%. then in high-tax states like new york, new jersey and others where you're talking a top rate of 60 %. so what is fair share? if it does seem to be a moving target. to georgia republican congressman buddy carter on all of this. congressman, what is fair share? when you talk to your democratic colleagues about this and having the rich really pay for all of this, is it their sense that, obviously, the rich aren't paying that now, but after all of this they will? or is that a moving target? >> no, it is a moving target. it continues to be a moving target. let's face it, joe biden -- what you said earlier is right. we've got a spending problem. that's problem in this country. and joe biden is fixated on making sure that he taxes the wealthy as much as he can. he wants to blame everyone when in reality what's going to happen here is that he's going to be punishing the middle class and the upper lower class, if

you will. that's what's going to happen here with this plan. this is the biggest spending plan in the history of our country. combined with canada and australia, their gross domestic product together is not what this one spending bill is. and that's unbelievable. we have got to get control of this. neil: you know, congressman, i don't know how closely you're aware of the sentiment of your democratic can colleagues since this seems to be a democrat-only mission. i don't think there'll be any republican votes. but a good 20 of them at least are concerned about writing off on something that doesn't include getting rid of that s.a.l.t. cap on state and local taxes. but you get rid of that, then it looks like they're giving a gift to the wealthy, and that's something they don't want to do. where does that stand? >> well, you are exactly right. there are a number of democrats who are fix saint on wanting to get -- fixated on wanting to get

rid of, or putting back s. a.l.t. so those high tax states like new jersey and new york, all of those, that they'll be able to tax away and people will be able to get the credit for it. well, obviously, that's a punishment to states like georgia, to states in the south especially that have lower rates and that's a punishment to us. we end up paying more than they end up paying, and that that's not right. if you want fairness, here's an example where they're being unfair. neil: you know, congressman, you were a pharmacist by training before you came to washington, and i know you were among the first that had a chance to test this pfizer shot. not the booster shot, the actual early one. now pfizer has this booster shot available for monday. the fda's weighing ited today, the cdc next week. where are you on this? >> well, where i'm at is that we need to follow the science.

look, there's a lot of controversy. i mean, we've got different studies that are indicating that it's necessary, that it's not unnecessary, but at the end of the day, we need to make sure that people do get vaccinated without mandating it. look, whether or noting you get a vaccine should be between you and your health care professional, between you and your doctor, between you and your pharmacist, you and your family. not between you and the government. it should not be mandated. this is government overreach at its epitome, no question about that. i only wish that joe biden were as angry with the taliban as he is with the american citizens who haven't gotten the vaccination. he's creating two different classes of people here, the vaccinated and those who haven't been vaccinated. this is simply ridiculous. neil: and a long way from being resolved, apparently. congressman, have a good weekend, good catching up with you. buddy carter, one of the first recipients of the pfizer vaccine and, of course, the pfizer booster shot is coming up on monday, if it can get out there.

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♪ neil: all right, you've heard about these supply shortages for all these high-tech items because of the chip stuff and all that, but it extends way, way beyond all that. even artificial christmas trees, a giant of the business joins me, chris butler, national tree company ceo. chris, explain a what's going on and -- explain what's going on and why there's this shortage. >> thanks so much for having me today, neil. and as you say not on my watch and not on our watch either.

we have 200 hard working men and women at national christmas tree fighting every day to make sure we get you the temporary you need. this year's going to be very tough. there's a lot of demand for trees. people have money in their pockets. christmas last year was a bit of a bust because of covid, and we know that people want to spend more time with friends, with family this year, more time decorating. and then finally, people bought homes, a lot of new homes this year, and they want to decorate those homes. demand is going to be very, very high, and as you said, supply chain issues we've been facing, we're going to be facing the same supply chain issues as well getting products from china to the u.s. all in all, we think that this christmas is going to be very, very tight for our product, and we want to make sure that people start buying them early and as quickly as possible. neil: but where can you find them? i mean, the problem -- and it's link ared to china, and we started out the show talking about how things are a little touch and go there. what are the alternatives?

>> well, so, you know, we were able to bring in about 90% of what we were planning on, and so right now our warehouses are full of trees, can and we are shipping them out to customers. if we're already hearing from some retailers who have been unable to get any trees from china, any trees from their manufacturer, so we're now selling to some of those retailers and again, as i said, we're urging customers to buy soon and early, maybe amazon, wayfair, walmart.com, tart.com, macy's. -- target.com. we think as the season gets going and the peak week for these items is really around thanksgiving. right after thanksgiving everybody goes out and tries to get their artificial trees, and what we're saying right now is go early. don't wait for that a peak weak because with we think this shelves -- peak week because we think the shelves will be empty. neil: artificial trees, they're

beautiful. the ap rap on them is they're artificial. i'm sure you pay top dollar for that. and now it's even more. so how are you bracing your customers for that? >> yeah. so, look, the shipping containers, you know, have been incredibly costly this year. so last year it cost us about $2-3w ,000 per container, this year it's costing about $20,000 per container, so huge increases. with we've had to pass the price increases on. retailers accepted those, they recognize that they're facing this issue with a lot of their suppliers. and so customers, unfortunately, will have to a pay a little bit more year. but again, you know, i think in general customers are used to now paying more with inflation. but like you said, the quality of these trees is getting better and better every year. and what we pride ourselves on is this feel real technology. i only joined the company three

years ago, when we go into the showroom that's behind me i looked around and said, wait a second, i thought we sold artificial trees. you get close and you're, like, are these real? are they artificial? yeah, it's really amazing. the technology's come a hong way from what my parents had, for sure. neil no, they're beautiful. there are the purists, no, no, it's got to be real. i always have one quick answer for them, charlie brown christmas tree. [laughter] you don't want to be embarrassed. >> exactly. neil: chris butler, best of luck to you. thank you very much. national christmas tree company, man, that's the last thing we need with all these other shortages. that? forget about it. edward lawrence with us right now not on christmas trees, but the back and forth over facebook whether it's just lies, isn't telling the truth and what both sides want to do -- that is, republicans and democrats -- to sort of rein us in. >> reporter: i expected to see

an elf or something pop out behind chris butler. anyway, on a totally different story here -- [laughter] facebook. you know, it's interesting, the "wall street journal"'s reporting that cartels and other criminals are using the facebook site in order to -- to have their illegal activity, but failed, facebook did, to stop most of it. they show this, employees flagged executives to sites related to organ selling, pornography, even warned that armed groups in ethiopia were using facebook to incite violence against ethnic minorities. here's zuckerberg with when asked last march by congress about illegal drug sales maden on facebook. listen to this. >> a thousand engineers who work on our what we call integrity systems that basically are a.i. systems that try and help find content that violates our policies. you're right that content does violate our policies. and we also have more than

35,000 people who work in content review. >> reporter: content review and flagging, no action he mentioned. so "the wall street journal" finds that documents are showing sites were nagged, but little alaska -- flagged, but little action was taken. so so senator bill cassidy cosponsoring a bipartisan bill yesterday to reform section 230, that gives social media companies immunity from prosecution. the changes would require removal of -- content in 24 hours, also could not be blocked for federal regulation actions against the country. zuckerberg has testified five times since 2019 before congress, and nothing's changed. he appeared before the house energy and commerce committee where the chairman told fox business this today: my committee is actively exploring ways to appropriately motivate all social media platforms to address disinformation,

extremism and other online abuses because by now it should be painfully clear that online extremism and disinformation doesn't just stay online, it has a real world consequences. so far congress has talked and reviewed and looked at but not acted. back to you. neil: all right. edward lawrence, thank you very much. a quick update we're getting from a high-tech blog that apple is supposedly ready to mandate infrequent covid-19 testing for employees working in its offices and stores starting next month. that is all we know. we'll keep you posted if this is more to it than that. -- if there's more to it. in the meantime, you talk about china and is provocative actions, every other day north korea has been doing that. this latest stun you. ♪♪ ♪ ♪ ♪

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launching a lot of long-range cruise missiles, almost one every other day it seems of late, but it's this latest development where north korea is supposedly expanding a uranium enrichment plant. bepg minihall as more on all of this in london. what's going on, benjamin? >> reporter: the last week has been a real change9 from the last few years. we haven't heard much out of north korea since 2019, but as you say, this last week has really seen an explosion -- excuse the pun -- of north korean violations out of that country. new satellite images released just yesterday show that north korea is expanding its uranium enrichment plant at its main facility, potentially, analysts say, allowing them to add a thousand new centrifuges. the iaea recently reported they had restarted the nuclear

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korea rearing its head again, certainly the last thing president biden will want to see and many people waiting to see if there will now be a nuclear test out of that country. neil? neil: benjamin hall, thank you very much, benjamin, in london. well, a year ago at this time, right about this time, out of the blue ryan, who was this successful real estate player, launched his own firm, own brokerage, at the worst of all times. just imagine what he's done since. ♪ -- come on over ♪♪

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♪ neil: today is the first day you can order the new iphone 13 that's just out, and there were some hitches along the way early on for those who were trying to buy the phone using the apple card. it's a credit card created by apple in conjunction with goldman sachs. these orders using that card were problematic, and they were not being recognized. i think they sorted that out. the demand for the phone, though, seems pretty robust.

just to put it in some perspective, a fully loaded with one terrabonn byte of memory -- terra byte of memory and all of that with all the bells and whistle, it's close to $2,000. merry christmas. we'll have more after this.

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>> new york is on sale right now in a way that we haven't seen in a really, really, really long time, and you'll start to see that in the numbers over the next couple months, that opportunistic buyers -- neil: so, in other words, overreaction -- then there's an overreaction to those who want to quit on the city, quit on new york, all of that, and it could be leading to big buys right now. >> buyers are starting to come back. i think there's great, great opportunity. and, no, people in new york especially in some of these cities, they freak out, right? they follow the herd. and they got nervous, so they left. and they're a all going to come back, and that's what we're prepared for. if. neil: that was ryan sir hand a year ago, a year ago today on this very show, talking about the boom to come in new york real estate. but it was anything but a boom time for real estate. a lot of people the headlines were everyone's getting out. and then the add audacity to

that, ryan decides to start his own brokerage in the middle of all of this. so a lot of people, including myself, frankly, thought he was crazy. but apparently he was not. he saw something, he's now running one of the most successful brokerages in the city and beyond, and he joins us right now. ryan, good to see you again. >> you know what? listening to that audio quote that you just had, it just validates so much because not only did you think i was a little crazy, but so many people that that new york city was over. and look where we are now. qif 3 contracts are up 104% year-over-year, and we're up 50% higher than where we were in to 2019 which was well pre-covid. pricing is up incredibly high. surge in demand for large apartment, three and four-bedroom luxury homes are up 102 and 1399 % respectively -- 1399 % respectively just from

one year ago. and penthouse demand are up 120%ment i think right after we did that, i went and sold a penthouse that was asking for 40 million, it sold for 22.5, it's probably worth something like 45 today. neil: we're seeing the same thing that's been going on in west palm beach in florida, some of the other high-end markets, but is the high end indicative of everywhere else? you hear all of a sudden people are holding back on purchases. how would to you explain it? just a bifurcated market? how would you look at it? >> i think every market -- you have the innovator, okay? typically, that is the person who have the very intense market knowledge. those are the wealthy, they're buying first. we saw that in 2011 and we saw that in 2020. and then you have the imitator, and that's everybody else coming through. and that's exactly what we're

seeing now. you know, last year we were doing a lot of large purchases at heavy discounts. we were doing a lot in palm beach. i sold the most expensive home in the history of florida for just under 140 million on north country road in january -- neil: oh, that was you. i didn't know that was you. >> neil, it's always me. okay? [laughter] and there are lots of people coming into new york and florida, and they are, they're kind of following, they're following that innovator. they're following their bosses. they understand that if they're or out of sight, out of mind, there's only so much they can do through zoom, you know? and so the entire market is moving in a very, very healthy way. this isn't an overheated market due to, you know, free access to credit, let's say. this is a smart market. people are making smart decisions, they just haven't bought homes because they wanted them since 2007. we are selling homes now to people who want them and need

them. that's a healthy marketplace. and so it's exciting, and it's great to hear the way we were kind of predicting it a year ago because we weren't really sure. neil: you know, i can see the florida thing, a big brokerage firm just announced its intentions to head to miami, so you would think that would hurt new york. if they're leaving from these high-tax states or cities, that it would hurt new york, but it is not. why is that? >> because california has done everything they can to convince people to leave, and so we have a significant amount of high-end purchasers coming from california to new york in part because the flight for them to florida is now so much fast ther because you can jump on an airplane at 6 a.m. in new york city, you can have a breakfast

with, first meeting at 9 a.m., have lunch with a buddy or, you know, hit some golf balls, do some kite surfing and get home by dipper time. you can't -- by dinner time. you can't do that when you live on the west coast. with so much migration from new york to florida, the open space is being absorbed quickly by people who otherwise might not have necessarily come to new york city. but we see that every cycle. when people move out, other people move in, and nobody left new york, at the end of day. more people moved to new york in the last year and a half than actually left. so you have to be very careful with what you read, you know? you've got to make sure you get all the facts and make your own educated decision because people can be spooked by headlines and all of a sudden that becomes fact when really it's not. new york, a lot of the luxury markets in the united states are very, very good, healthy places, and the only thing that really hurts them can be local government, and that's what

we're seeing. neil: you know, your base of buyers is the same base that right now is being targeted for big, big tax hikes. and i'm wondering, is that >> it does concern me but i also really look at history, i think were probably having the same conversation in 1910, before income tax became a think in 1911 in 1912, were very stressful years but guess what, we made it and we figured it out and we were always finding a way is convincing the buyers to do something i have a lot of peoplo florida this say you know what,y is going to pay for my new beach house and that is what they are doing by declaring residency there in schools are great. offices are being built left and right in new york really needs to understand that and their tax base is going to move.

someone has to pay the bill. niel: that is very true. on that level, president biden gets a fraction of this package. finally it is about attitude and i think, it is all about being upbeat and positive and you a year ago today when you're talking with me about things but anti- was talking about the bravo and what happens and he said of you, ryan is not only charming and hilarious, he could sell milk to a cow and i'm wondering if that is your approach. that you are so optimistic and aggressive about things that i wonder if you are clients are just saying that brian may not buy this unit. guest: i forgot that he said that about me, yes. [inaudible]. niel: will just call that one of his good. guest: i like it, i can probably

sell milk to account. nose and we we believe the residential real estate market not just in new york city but globally and i want our branded to be synonymous with luxury real estate around the world for the rest of time. and i think that i have a very very much of approach of how we work with people whether they are looking for a house for 500,000 or 141 at 40 million, i think the same but again than everything a day that i wake up, can look at the window and i can see sunshine so i can look at the window i can see rain and clouds. i choose sunshine every day no matter how bad it is because look what we have come through, from 911 - hurricane sandy, 2008, a local pandemic that shut down industries left and right and we are coming out of it every time stronger and stronger and stronger and i think that we are very resilient people, we are smarter every day than we

have ever been and we that have access to information every day in our fingertips and more than we ever have and that gives me a lot of hope and optimism. we should not living pretty homes because that night champion forward movement and momentum and progress everyday and i think that clients who choose to work with us, they're equally excited about life and never had anyone buy a million dollar home while crying. so there's also that. sue and there is also that, well you coming along and good luck coming out of the shell and i'm glad you're listening to me and a year ago. you're kind of debbie downer then. continue this is very good to see this ryan. guest: thank you neil. niel: oligo now, these developments and no matter where you live, they like a constant reminder that were still dealing with the virus and now the talkt getting booster shots and all of that so that's the noise

outside. lauren brady. guest: is a big headache in the white house covid-19 response coordinator said moments ago, that the u.s. is ready to begin posters, the third shots next week but today in fact the last hour the fda is expected to vote on safety and effectiveness in the data they've gotten on this third pfizer shot if it supports approving booster at least six months after you got your second shot if you are 16 years old or older if they approve it, and gets a shot first new york city plans to give boosters at all 1900 vaccination centers on monday and the cdc doesn't take up this issue until next week so it is a mess. and the government and the scientists are sending mixed messages here when you, like that is only 54 percent fully vaccinated. anyway, san francisco marathon kicks off this weekend and tens of thousands of people runners, they must wear a mask and at the starting line at the finish line anywhere there's a lot of

people. there are three different locations were going to have to wear a mask if you added up in those locations, you be running mask six and a half miles and i could not run six and half mile 600 for the mask ornaments. they do not follow the rules will be fined by the national park service or disqualification from the race and into lake now requiring proof of vaccinations for every single worker. so for the vaccination in a negative test or recent recovery and if you do not have proof, will be suspended and you can have your paycheck frozen after five days and they want to prevent the winter surge of the virus and get past this. this new policy starts october 15th. niel: you know what is weird, the mask thing in a marathon. in san francisco. come on, really read. guest: and as you are running rated your dying because you're running so much and if you

remember, visitors a lot of people here let me take my mask out of my pocket or wherever it is and put it on friday. niel: that's why i canceled my application for that marathon so not happening. guest: i didn't even bother applying. a run on my own. niel: new york maybe not san francisco, thank you lauren and on the meantime all of the thoughts on the vaccine mandates, and requiring it now businesses are saying no, is not just it, very large significant business group. they're saying enough is enough in the latest on that with edward at the white house printed. .reporter: they sent a letter to the president saying it's a decision for the max and vaccine mandate is disastrous and counterproductive and that 24 states, they are saying that the from the president is driving more divisiveness in the country as people within the work as

opposed to quizzing the freedom of choice so the fear is according to this letter, that billy those jobs to get out of the workforce altogether going to a property than is less than 100 employees so that is what business owner jerry akers is concerned about. >> will lose employees are already about 70 employees down from where we need to be and it's a struggle to get back into the workforce right now and this going to add one more layer. reporter: the white house is saying that mandate is legal for them to do this week the president brought together ceos handful of companies that already instituted vaccine mandates and all of them saying that the percent of those vaccinated increased at those companies and still former governor chris christie sent this is not a decision for the president t-mac they should be making these decisions in my view is a younger, they should not be making them and neither should the president and certainly the president should not be telling people they have

to be a vaccine mandate into thirds of the businesses we should be persuading people to take vaccination. i am vaccinated i think people should take it. reporter: the 63.5 percent of all americans, that is everybody having at least one dose of vaccine, 54.2 percent of all americans again, are fully vaccinated medical professionals would like to see those numbers much higher as the vaccines then get approved for younger and younger people but again trying to reach that herd immunity. niel: thank you and we been following closely meanwhile the battle for this three and half trillion in a couple trillion to that predict infrastructure package in the concern of bunk moderate democrats, it's going to find this to get that past and the cap on the state and local tax deduction removed. they been crunching the numbers on this neat iron he would be if they did that to get these guys votes in about two dozen of them in all. and when essentially erase most

of the house and tax hikes the top 1 percent and they really are being zoomed on this plan. most of the money could come back if they drop the salt break. let's go to see more on this. if that were to happen see, there's been a lot of protest and rules enacted back in and trump the people in these high tax states limited to 2000, in a world of hurt but now, the big beneficiaries if they get this thing dropped, be the very rich folks they are gunning for. guest: nail, so much for the filthy rich, the truth is that almost 90 percent of the benefits of this would bringing back the salt reduction going to people make over million dollars so this is the ranch man's tax break. and as you know, work for trump on the tax bill and one of the things that i insisted on in a push push push so we get rid of

the salt deduction the reason why is this just not therefore people in florida and texas and utah and low tax states are states without income tax and all the pay extra taxes to fund to subsidize basically high tax states like new york and california. and if people are living in the states and they pay a high tax rate, you're welcome to do it and they shouldn't pass it on to other states and here is the issue though that is so interesting because i've been following this closely. most of the democrats do not want to bring this back because they see is a disaster for their make the tax code agenda. the problem is there it is about 25 or so house members and live in these high tax districts and they are saying that we will vote for a bill unless it brings back the salt deduction so the democrats are in a quandary now. guest: i think what they're going to do i think i qualify, i

think what they're going to do is there going to hear it that the higher income let's say for most of that b-uppercase-letter removed so they can kind of have their cake and it and he did to pretty. guest: i think you may be right about that deal, we just don't know exactly where this is headed but right now just so your viewers understand, $10000 salt deduction so you can negate that up $210,000 in the compromise position is a be up to $25000 by the way, i'm not in favor of that. i think we should have zero self deduction but even if you take up to $25000, that is not going to solve the problem for the blue states like california and illinois and new york and connecticut and new jersey the billionaires in the millionaires there still going to get walloped by the higher tax rate in not getting that salt deduction and that is going to

only further encourage i just heard the discussion about the housing by the way, are you the guy who brought that hundred million dollar house in florida. i just wasn't sure pretty. niel: know for my point is that you have all of these people migrating out of these blue states to states like florida and texas and tennessee and i believed that if this all deduction is not completely brought back will continue to see that stampede out of the blue states rated. niel: i think you're exactly right of that and on the one thought that i wanted to get from you on this whole back and forth of targeting the rich an idea fair share, i know i joke with my staff maybe the viewers as well, i'm a bone with this but i have a of time understanding what a fair share would be. set 1 percent or i think 40 percent of the taxes and that it's up 10 percent and virtually 90 percent, you just have to ask yourself, leaving that aside, they made a lot of money and they're obviously going to get numbers like that and i get it.

but it fair share of the used to be, when we got it up to 28 percent and it was 30 percent, and then after reagan tax-cut, we are back up to 35 percent and then all of a sudden, 36 and then almost 40 percent back down to 37 under president trump now over that know you're dealing with these taxes in the mid 40s and you throw on certain taxes and taxes you are paying in the expense in states like you mentioned california new york and only 60 percent i'm wondering, is that a fair share. what is it. guest: everybody's going have to make up their own mind about that but i think most americans if you asked them, what percentage of the income tax you think are paid by the top 1 percent in most americans don't think the rich are getting taxes because immediate keep saying that over and over again. biden said it yesterday and my point is that when you are paying 1 percent over 40 percent of the tax by the way the top

5 percent pay about 60 percent of the tax. we aren't the most progressive tax system in the history of the world in the united states and no country has ever relied on the very rich too big to make sure the taxes of the united states does but what is even worse neil, i hope you keep delving into this, not only are the raising the rates which is bad there also bringing back deductions. we just talked with us all deduction other his talk about not see the markup you because they keeping it a top-secret but the elites, it includes things like going to allow you to take a deduction for through your union membership. they're going to get a special tax break under the spell. in your rockstar, i don't know if you will enter play a guitar you will get a tax break. as become a feeding frenzy, the swamp of every thing to the tax committee and try to get these special interest rates in and that is the worst tax system at

all. we have high tax rates in all of these deductions. niel: it is a mess. steve is great catching up with you and congratulations on your hundred 40 million-dollar purchase way to go. steve more. so to steve's point and again, i saw him going crazy here but when i do here they share thing, and senate republican or democratic income i think people are smart enough to know that i don't carry any authority or political water here so i just at the math in the numbers and one of the things that i have seen is that if you were to go after the one 1 percent in just a your idea was for them debate 100 percent. everything they make, it would not pay for this. maybe joe biden could get the point across.

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in the waning weeks and months of the trump administration stressing that these are routine calls in order to discuss issues of the day into reassure both allies and adversaries in order to ensure strategic stability and he went on to say that these are perfectly within the duties and responsibilities of the chairman of the joint chief of staff. and he said he will have more to say on this issue would eventually appearing before congress a lot of people are wanting to talk to him of that freighted with us now is admiral william retired four-star u.s. navy admiral. very good to have you. it's interesting now because i was thinking of you coming on something similar but not exactly by any means when you resigned under president bush. back in 2008, over what you essentially made a misinterpretation on your

remarks. he would see anything and pushes into possible war with iran he would stress that not message that you are getting from president bush but it appeared that way on story short, he left. do you think that the debate over this, is reason enough for the general role to leave read. guest: first of all, what actually happened, i have not seen a transcript of the remarks evidently the general said he will reveal more of the detail in the context when he testifies before congress but i think we ought to keep it in perspective here that this is basically something out of the gossip and clearly being pushed as an incentive to go by the book. so i think we out of just brought back in the find out exactly what went on and i will

since you make reference to my, fast, 'i was back in the pacific command, and maybe not the similar conversation with chinese counterpart. it was over an incident that occurred but in that case, i discussed it with my boss the secretary of defense of the time and firstly discuss it with him before he got on a phone call in the conversation. so i think where to draw bag and wait and find out exactly what went on and then will be able to actually have an appropriate judgment on it. niel: is a concept, get the facts like that. maybe you can explain sort of the process to this thing, critical issue here seems to be that the general were working in concert with the defense and the secretary in a civilian and he was doing it in a large group.

some 14 or 15 individuals were in on this call and they were aware of the call. and apparently president trump is not, is that a big deal that president trump was not rated as you know is none too pleased about this revelation and choice words were said the general. guest: and again beale, who knows the full detail of it will find out. just my own experience, i think that it's appropriate to tell your boss in the chain of demand seven general millie's boss, whether he talked to him or not i don't know but that's a procedure i followed there's another issue here that i think bears a little bit of discussion there is a needed my opinion a half lines of communication open to people there in similar positions and i think it's even more important to have it with people like the chinese there

with him we have a pretty testy relationship. and i tell you that from my experience that unless you have regular communications with people, you tend to start making assumptions. and experiences one to go down that road and you start to make them and that is the time you are wrong. and in my opinion much better to have an ongoing conduit for discussion over whatever the issue is larger small but without these establish communication links, i think it becomes very very difficult to actually do things in this world rated and we are in a position with china right now where i think we are still waiting for policy a long-term policy and what we want to be with these guys five years from now or ten years from now. what are our real interest how do we get there. and it appears to be that where

is this going. i don't think were heading down a good right now and seems to me that my background, the more communication that we can have, the better off we are going to be because if we don't do that, then we start to make decisions in a vacuum and that is usually not a recipe for good outcomes. c1 into your point, i know there's a lot of interest in the conversations that we've had with the chinese and more read about the conversations and if any we might be having now with the chinese and i do know of a phone call the president biden add which he suggested in the meeting and essentially the chinese leader said no, not interested and your talk between the upcoming china not please with the australian uk and orchestrated out in asia rated

and the french are not happy about that but the chinese have already indicated to add salt to the potential diplomatic wound here. they might just have a carrier off the coast of hawaii to send a message to us and we sent messages to them when the south china sea. none of this looks very encouraging. guest: i believe you're absolutely correct, we are on a road that appears to be headed towards confrontation. how and what circumstances and how long in the future, i don't know but it don't that's a good road to be on and i think you have got to work out in this is not something we roll out of bed monday to pick up a phony say i'm going go talk to the sky and expect that you are going to get it reciprocated, i think you have to build these relationships over time. we have people who formerly were impositions of significance in

this country and our relationships with others around the world. the late george scholz and doctor kissinger who both of them gave me some really good advice over the years and their ammo for dealing in the situations is that you got to establish relationships and you gotta figure out some way to try to have some trust leased at the visual personal level to be able to build on that if you going to many success. and i think we are on an attack apparently the exact opposite of that. where does this end up. not any good place place i think some of the advice of our elders in this case would be a good thing to reconsider and to try more align ourselves with that approach than the antagonistic punch them in the eye road that we appear to be on greed and this is not new, is been going

on for several years. niel: you are right about that. i think you edward, the kind of four-star command former commander. during the iraq war, thank you sir for your incredible service to this country. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪

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niel: all right, limit right now on the state and local tax write offs and whether that is the way they are going to try these democrats are going to try to win over a couple dozen moderate democrats who want that in their or the parent seems that they will vote on the phone for the same. on capitol hill, chad what are you hearing party to. guest: good afternoon, securing those of democrats from high tax states like new york, new jersey and california may come down to salt, but this of course but whether or not congress eventually as to the bill a

provision to restore deductions for state and local taxes or salt. >> is laid out very clearly and now seems over the last five years, where more people are applying for that deduction which is 156 years old and our forefathers knew what we were going to have this deduction on the books for over 56 years and all of a sudden, is for the rich read. guest: congress remove the deduction in 2017 tax-cut law, new cell deduction is not the bill now. new york democrat tom fawzi is peppering the leadership to flavor the bill with salt reduction they could not know if the deduction is not addressed. there is also concern about new taxes getting lower income americans especially taxes on nicotine. >> eagerness to raise taxes is abundantly clear. i just heard extreme caution in terms of doing something that

will likely have problems in the economy. guest: taxes from tobacco it's not just from the gop was a custom cost, they worry this as now cited in fact on those who smoke for our lower income investing to revenue from salt and tobacco to what the cost of the bill. niel: i keep thinking that it was salt and pepper i guess you could have brought a pepper shaker with you as well. naturally makes it very clear and simple. thank you my friend, he knows the stuff inside and out. in a new were going to have kathy but charlie, can they revision, some democrats feel it's to the rich and it will make up close the gap of all of the higher taxes and will in the patent as of this i'm going to

go down well with progressives. guest: i don't know if it will go down well with moderates, part of the problem if you take that salt deduction in the cabs in 2000 and restore it to where it was in the past some more the middle. some of this does not get paid for but when you listen to senate warner moderate rip even mentioned, the talk about wanting this to be paid for and i don't know how you pay for it by increasing the salt deduction, becomes a very tricky thing. this was guys like tom swaziland, there's a whole host of northeast democrats, some moderates and i know tom's was in know him well. he is a moderate democrat from long island and he knows really well the civil thing and he gets back to the other part of what we want to talk about later. now t-uppercase-letter is being treated it printed now other things being treated on this tax bill and tom knows this bills

heavily waiting to individuals and they will be paying for most of this in the capitol gains increases are not the direct and if you make $400,000 year, joe family five in new york state and pretty going on long island and toms nassau county district, you are getting screwed here to another level, on all the stuff that adds up. on seven that you don't get the deduction you finger state and local taxes men with your community coming get hammered with the new york city tax. and this is dynamite for northeast democrats. an estate here is so overwhelming, the democrats control so much. you can see working may not vote for this think because for his constituency, is a bull's-eye on that something about how absurd this isn't chuck schumer the new york democrat. aoc's new york communist democrat. inputting bull's-eyes on

homeowners in new york stated that is what is going on here. it's remarkable that they are screwing their own residency by the way aoc, she's not a communist she's a progressive i should point this out. there was a little bit of a wise person but let's, i know part of your district in the family and she represents a very middle-class you know, maybe even upper middle-class area. these people are getting screwed here for makeover 400 grand is online. i'm telling you, the capitol gains. it is been some respects printed we can debate it but these are facing people like you and me. actually not you. maybe not even me. [laughter] niel: both of the time being up which was for a maybe but it's good to know where you are

coming from. guest: we went to the same high school together. it did you know that. niel: just a couple of years apart. you're the best and thank you the dow is down 175 points down has nothing to do with this.

niel: welcome back to coast-to-coast writing i'm at chicago's o'hare airport pair is across country in the tsa has 2 million passenger are going through checkpoints, for the last ten days straight and travel experts tell us the downward trend in air travel is partly because of the natural tapering and opens the end of the summer but also still over doubts and fears, business travel has been hit especially hard the morgan hotel and lodging association property writing up to new numbers come the estimate that the industry has suffered $59 billion revenue loss this year. because of the lack of business

travel and it is crippling the hotel industry. listen. >> will start see hotels close, no question about it and many of those will that be in your urban city centers, as were hotels generate the most jobs. so as not just hotel closing but all of the jobs related to that as well will be gone. reporter: there is also been talk this week about a vaccine mandate to get on a plaintiff identified domestically rated the doctor indicated to support it in a policy that ceo of united airlines said that he would implement if it came from the federal government but overall there has been fierce opposition any sort of vaccine mandate for your travel across the travel industry is able. niel: it does look crowded, and o'hara airport printed is telling me about this mandate push to go globally in the present has been very keen on utilizing osha to get companies

with those of the hundred or more workers to force their employees to get vaccinated for their own good. in the attorney general of the state of florida, a couple of dozen ag strike now. essentially threatening legal action how is mandate. attorney general could have you. can you explain the issue here. guest: absolutely, i think that the 80s across the nation just like the market people cling biden announced that he was going to and eight vaccines using businesses and specifically the executive branch of osha upgraded is a god patch and a lot of people including myself, we been vaccinated more encouraging people to consider what's good for them with their circumstances and their health and their social work circumstances but to hear from the president of the united states and he is going to unlawfully an unprecedented issue of government mandate to inject folks with vaccines even if they don't want that and are

considering their own circumstances even if they already had covid-19. there is certainteed that you will see legal action against the president of the united states to be carried through this mandate. c1 above that legal action be. guest: as you know, the executive branch osha is given very specific limited authority to issue rules and regulations as to employees and when the circumstances when they may be in grave danger. as for their specific employment situation with a maybe exposed to certain chemicals or agents, never never has the presidents or osha our executive branch mandated an injection of vaccines just for the general welfare of health or safety as a whole. the public is experienced. this is used for specific workplace situation. and to require americans to be vaccinated through businesses and through this mandate is

going to come out of the white house and osha. it is unprecedented and it's unlawful. and 80s across the nation including myself, have sent a letter demanding that biden resend his decision to carry through with government mandates. and if not, we will sue. niel: 's in general, you draw the line of businesses to decide for themselves if they want their employees vaccinated in the issue. >> is a shock, so many people that we have a government is going to mandate this. semi week with business leaders in florida not to be one example, the owner of a roofing company, his employees work outside most of the day and many of them have already had covid-19 they do not want to take the vaccination and some of them because he considered it with her health circumstances and their history knowing they work outside where they've already been infected and he does not want to have to mandate this and not want have to be the

strong arm the muscle if you will of the biden white house. to make people get the injections they don't want. [inaudible]. niel: i just want to be clear on this, there are a lot of the companies that are pushing this right now and on their workers that if you want to return, you have to be vaccinated. and you're okay with that when a large company dictates that but you draw the line is when the president either through osha are directly is inserting himself and for aspirated the companies themselves forcing that issue are you okay with that pretty. guest: you cannot, federal government mandate a vaccine rated the general health and safety of citizens have been reserved to the state. this has been something that is been upheld rated. niel: are you okay with companies doing it if they are making that call for their

private enterprises and doing it on their own. you okay with that pretty. guest: what i want to make sure it's clear, each state is going to approaches different lien here for that we have our own laws, a statute that says you cannot require proof of vaccination to obtain services or go into a business, this is going to differ state to state. based on the individual leadership of the state and so what we are saying is this is something that has been historically reserved in the state and if this is about in the federal government can mandate this situation, there's a truly that their power is unlimited. niel: watches closely, thank you very much kite bus posted on this and by the way, fda on vaccine booster that will be available on monday from pfizer. in no way of knowing how it will rule ultimately the cdc meaning next week in the very same issue but that booster shot, the

quality and insurance shot is supposedly going be ready to go. more after this.

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sue and so the booster shot just be safe the fda is doing that now the prospect of the third shot available by pfizer for monday if anyone is interested but the fda has to write off on this first and immediately spee, former fda commissioner under bush 43 with us now. commissioner, where are you now on this the need for booster shot. guest: the reason this is a close call because the vaccines are so effective and safe, the very clear evidence and provide strong protection for a long time. lisa months since the original doses begin oregon's hospitalization and death and other serious consequences. what we are saying in the data on the boosters, there is no evidence really that there are any thing left so far and there's evidence that they boost the immune response the reasons this is a close call is because many people are already getting a strong protection from the original vaccine so number one,

people are not vaccinated in getting vaccinated to provide really good protection for you and the people around you and number two, understandable why there are some differences of views about just how urgently that the boosters are needed or older individuals and people with health risks, i find some of the evidence from the real world and israel and parts of the united states and elsewhere. i do find those suggestive that the protection against the illness, may go down especially people who are higher risk so it's understandable that they would want to make is boosters available for them. niel: previous we look at those in confusion the medical community on this. so they will say i'm not going to bother i'm just not going to bother. guest: i totally agree that that is a risk and i hope it does not happen because again, the only reason these boosters decisions are a close call is because the

original vaccination are so effective. so i think the main think that people should take away from this whether it is no debate or discussions in dissensions at all is that getting vaccinated gives you very good protection against any infections and gives you excellent protection against getting serious consequences from covid-19 and protect those around you as well. niel: very good seeing you and i apologize for this closing time breaking news is for good seo, be safe and well. former fda commissioner under president bush, a lot more after this. dad, we got this. we got this. we got this. ...

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gold. your strategic advantage. neil: all right, we don't know the fda decision we'll get that later today. i bet you it's going to be something like for those with circumstance, special needs, the elderly, compromised immune systems we recommend it, everyone else, not so fast. if i'm wrong, well i'm out of here you won't see me. here is charles payne. charles: right now, the markets saying you're right. those moderna and all of the other names really getting hit, everyone is on pills and needles about it for sure thanks a lot, neil have a great weekend , my friend and good afternoon, i'm charles:, this is "making money" right now the number one characteristic of the stock market rally i'm talking going way back to march of 2009, it's resolved, it's resiliency, right? it's with every conceivable challenge imaginable, now it's facing new ones, chatter of a correction, being triggered by