stories of survival during this hurricane. some people chose to ignore e vaccination asian orders and write out the hurricane in their homes and one man i spoke to actually rode out the hurricane in his sailboat. >> it was horrifying. it really was. it lasted like 12-14 hours, the wind, we never got out of the , we never went into the eye , so we were on the wall the whole time. so you had, it might have got off to like 40-45-mile an hour winds. reporter: the boats settled in the mangroves that grow near the coastline. dagen: thank you, max gordon i appreciate it. stuart take it away. stuart: i better do that good morning, dagen and good morning, everyone. all around the world there's a battle between central banks fighting inflation and government spending money. in britain the government just caved. the tax cuts for high income earners have been scrapped. this is a huge blow to prime minister liz truss who took office less than a month ago.

obvious question, could biden be pursed into massive spending plans? it's the first trading day of the new week, the new month and the new quarter. nobody misses september for investors it was just plain awful wasn't it? the dow industrials will be up at the opening bell, 300 points higher, maybe, s&p up about 30, nasdaq up about 70 that's at the opening bell. bitcoin currently priced at 19, 200 down a little bit today. interest rates little change, the 10 year just below actually it's right at 3.7% that's not little change. that's a significant decline in the yield, but the two year is still significantly above the 10 year yield, 412 on the two year. that imbalance still there, still indicating recession. watch out for energy prices. opec considering cutting output by a million barrels a day and oil is moving up 83 bucks a barrel as we speak 4.5% higher.

gasoline going up as well. regular now averages 3.79 a gallon up $0.11 in a week and please look at this , california regular there is now an average of 6.38. wow. plenty of action in politics. of course there is the election is only five weeks away. another gaffe from vice president harris. she seemed to imply hurricane aid will be distributed according to race. the media is going after florida 's governor desantis, accused of delaying the evacuation order for hard hit lee county investigating his migrant flights to martha's vineyard, looking for any negative. president biden will go to florida on wednesday, of this week, handing out federal assistance. and there is this , wait for it. hillary clinton rails against the open border. former presidential advisor dick morris who knows how to get a headline at least, says hillary will emerge after the mid-terms and run as a moderate who pulls

the party together. in new york city, the migrant buses keep on coming, and the cities feeling the strain. the migrants are crowding the schools, shelters and newly- built tent city. there's a deal to use cruise ships to house them. the city puts a $1 billion price tag on the migrant crisis. monday, october 3, 2022, "varney" & company is about to begin. let's get it started here, let's get it started hot ♪ stuart: all right, let's get it started, the black eyed peas. we started this monday morning with a stunning reversal from the brits. prime minister liz truss says she will drop tax cuts for high earners, good morning, lauren. lauren: good morning. stuart: i'm tempted to ask and

whether you know the answer or not but could the same thing happen here? could biden be pushed into reducing his spending plans? lauren: doubtful. stuart: true. lauren: especially if it's not paid for , which is what happened in the uk. the most divisive elements of liz truss' plan was cutting the tax rates for those who make more money when inflation is obviously hitting everybody very hard. but here is the deal. that tax cut for the high income earners which is just a $2 billion part of this much- bigger budget, so it was small stakes here, but look at the optics. look whose calling shots, the international monetary fund and others rebuked the plan of tax cuts, that's not how they wanted to do business, so if you're going to pivot this to spending if our spending here is not paid for , which it's not, will we back off? i don't think so. stuart: probably not but the question stands. should we? that's a good one. all right, good stuff. i'm going to concentrate now on just a couple of very single stocks first of all tesla.

this might be the stock of the day. it reports record deliveries but a big supply chain problem and the stock is down 4%, 250 bucks a share. dan ives with us this morning, and he's with us for the hour. you've been consistently bullish on tesla. what went wrong? >> oh, i think this is a logistical supply chain issue not a demand problem and what tesla is seeing specifically in china is more logistical and in my opinion when you look at broader auto this continues to be a strong print in terms of deliveries and i think ultimately going into q 4 they are going to have strong demand. we do not waiver on a bullish thesis. stuart: $253 a share on tesla. >> i this is a stock above 300, right now, i think this is just the second inning of a massive transformation with tesla leading the charge. stuart: you're standing strong on tesla. okay are you standing strong on apple? there's a stock that's been down 22% this calendar year, for heaven sake and you're

consistently bullish on it. it's now at 138. where is it going? >> look, apple is another one. it's easy to be bayish in terms of the sentiment, demand on iphone 14 continues to be stronger than expected and i believe it's a huge prove-me print as we go into october for cuppertino and cook. as we look at six, nine, 12 months this is a stock over $200 we do not waiver or throw in the towel on a bullish thesis. stuart: well you're with us for the hour and we will question you consistently about your bullishness on tesla and apple. thanks very much indeed. take a look at futures here we go a few minutes before the opening bell dow looks like a 300 point gain very nice. brian belski is with us. markets have been down the last three quarters its been absolutely brutal. first question, where is the bottom? >> good morning to you. lauren: [laughter] is it 3,000? stuart: you used to be bullish

brian belski. we called you that for years and years. >> well i can't help but be bullish because i have faith. i have faith in fundamentals. stuart: but anybody can be bull ish over the long term. >> exactly. so here is the math. seven out of 10 times the market is up. anytime you have a very negative start for the first nine months of the year, especially to the tune of down over 20%, usually p ortends to a double-digit increase in terms of prices for the fourth quarter we're banking on that. dan and i were talking off screen before off camera before we got here and i've been traveling basically non-stop since labor day, stu, and clients are mass every bearish. more than 2008 please for the love of you know who, do not talk about 2008. this is not 2008. it's nowhere near 2008 and we think this is a garden variety type of correction that is to some degrees, unprecedented with respect to what we're coming out of, stuart, but i do believe

2022 is the reset and 2023-2024 is more of this return to normalization as we normalize across-the-board. stuart: okay, reset this year, rebound next year in 2024 i'll make money if i stay in the market and buy more microsoft. >> you always buy when the streets are bloody, and dan is going to talk to you about some of the best franchises in the world in terms of his tech stocks. that's where you want to be longer term but we still have a great list of companies in the united states and that's where you want to be in the u.s. stuart: good luck with your house down in southwest florida. >> flew thank you. stuart: markets rally after the mid-terms, but what are investors saying about the mid-terms this year? lauren: history is a guide, not gospel. so, since 1942 -- stuart: where do you get that expression? lauren: i stole it from sam stov al. so if you go back 780 years the s&p rallied 15% one year

following the mid-term elections this is a much different year. you have a determined federal reserve, causing pain to squash inflation, we're all trying to understand what this pain really looks like in the end, and investors might pullback even more. goldman says and i'm quoting here, households and foreigners are rerisking and they see them selling another $100 billion in u.s. equities next year. so people will continue to de risk and the markets go down. stuart: what a great way to start a monday morning. lauren: there goes your mid-term rally. stuart: at least we have bullish brian belski saying we'll make money next year. let's get to politics our bread and butter. former aid to president clinton, dick morris, says hillary maybe preparing another bid for the white house. you've got to see this. roll it. >> i see more and more signs that hillary is going to run. bill said yesterday that there is a limit to the number of people the u.s. can absorb, and hillary, a week ago, said americans do not believe in open borders.

these are all signals that she's going to be the moderate candidate for president. she's going to say after the election and say the left cost us the house and senate and i'm the only one who will give us a chance at victory. stuart: i want to see the expression on charlie hurt's face. he's smiling there you go. i knew he would. [laughter] where do you want to start with this , because hillary did rail against the open border on msnbc , and dick morris knows how to get a headline, doesn't he? any seriousness to this? >> yeah, this is the most dick morrisonian thing you could come up with. i agree with him and disagree with him. i disagree on this one point. i don't think hillary clinton is coming back. i know it's object. we're coming up on halloween the greatest endless nightmare is the idea that hillary clinton is going to run again. i don't think she is. she doesn't even have a constituency within the democratic party. she couldn't, and let's not forget the only office she's

ever held is senator from new york, and the only reason she got that is because her husband was president and arranged it and made it happen. she's not a politician. i don't think she's coming back, though for halloween, i do enjoy sort of thinking about it but that said, dick morris is exactly right. there is a huge avenue here in the democrat party for a moderate to emerge, and it's not just immigration. it's the spending practices. it's the law enforcement policies. it's the attack on american energy independence. all of these things, democrats don't even want the biden policies on these things. it's not a conservative thing to attack by this so i think there is a huge avenue for democrats to refined a center balance which is good for the country. we don't need a party that has runoff with the circus the way joe biden has. stuart: you're just having far too much fun on a monday morning and that's the truth charlie hurt but we'll see you again

real soon. thank you, sir. check futures, please. it's monday morning where is your money going this week? we'll start out firm, dow up about 300, nasdaq maybe 70 points higher. coming up for you, hurricane ian dealt a major blow to the air travel business. our travel guy, jeff hoffman, braved the storm in florida. he's here with an update on the airline industry, post- hurricane. there's this. president is fed up. roll tape. >> i'm so sick of republicans saying we're the big spenders. give me a break. stuart: whoa. republicans saying that democrat s are big spenders? outrageous. stephen moore takes it on, next. ♪ hey, big spender, hey, big spend er ♪

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♪ i put a spell on you ♪ stuart: okay that is in massachusetts where it is 55 degrees and cold, actually fall, of course, and we're playing "i put a spell on you ♪ because it's october of course and halloween comes at the end of the month. if you like music we play on the show follow us on spotify, search "varney" & company or scan that qr code on your screen right now. let's get to the money. we've got what about 15 minutes to go to open the bell this monday morning, i see some green, certainly for the dow industrials. again about 370, and the nasdaq is pushing a 100 point gain. nice stuff this monday morning. president biden's angry at republicans. he says they are disparaging democrats as big spenders. roll tape. >> inflation reduction act

takes the most aggressive action to confront our climate crisis, ever, in all of human history ever. we're going to do all of this while reducing the deficit last year, $350 billion, and this year, by $1 trillion. >> [applause] >> i'm so sick of republicans saying we're the big spenders. give me a break. stuart: okay. [laughter] stephen moore is with us this morning. well, stephen, he's going to spend big and reduce the deficit and that's what he's got to say. what do you make of it? >> i needed a laugh this morning, stuart, so thank you for playing that clip. i'll give you a number, 4 trillion. 4 trillion, that's four with 12 zeros how much money biden has spent and borrowed his first 20 months in office when you go back to the american recovery act and that sham infrastructure bill and then the microchip bill , and then of course, the inflation reduction act, which they should be sued for false advertising, that obviously is not going to reduce inflation,

it's going to make inflation worse so $4 trillion is a lot of money. now look, if you're asking, which party likes to spend more republicans or democrats i'll settle this argument they both love to spend money, stuart. they both love to spend money, they are politicians and love to play santa claus but i heard you earlier, i think you guys were discussing what happened in the uk with the cancellation of the tax cuts and i think you mentioned the number two or $3 billion was the cost of that tax cut, was that right? stuart: yeah. i believe 2 billion. >> i want to put that in context, okay? because that's an important number. that's $2 billion for a tax cut. do you know how much all of the oecd countries have spent and borrowed since covid hit? $20 trillion. $20 trillion. this is the most absurd thing. this little tiny tax cut, this little mouse in the tax cut , meanwhile you've got these elephants of gigantic spending plans and oh, my god they want to cut taxes. stuart: wait a second >> they should fire everybody

at the imf. stuart: do you think some of the politicians, europe and maybe here, will be forced to follow britain's lead, and that is cut spending because of the pressure from central banks? >> here is the thing. i want to make sure your viewers understand this. they didn't cut spending in britain. they got rid, the one good thing in the plan which was the tax cut, to encourage more investment and more production, which reduces inflation so the world is upside down right now. yes, the single-most important thing in the united states and around the world right now in every developed country is to dramatically reduce government spending. government spending is the cancer. it's the virus right now that's killing the economy. stuart: all right i'll leave it right there, stephen i'm out of time but thanks for being with us on a monday morning good stuff indeed see you later. president biden's criticizing some republicans for their opposition to his student loan handouts what are they saying? lauren: look in the mirror you're all hypocrites because you took some of the ppp loans those pandemic business loans.

>> i don't want to hear a word from those members of congress, if you notice, whose families got tens of thousands of dollars in several million dollars in pandemic relief loan forgiveness the same ones criticizing. give me a break. come on. lauren: well the difference is congress passed the ppp under the cares act, and the student debt forgiveness was never passed by congress. stuart: was not appropriate. six republican states are suing the administration over these loan handouts, on what grounds are they suing? authority to spend the money? lauren: executive overreach. these are the six states mostly republican, iowa, missouri, kansas, arkansas and south carolina so they allege the white house overstepped executive powers in forgiving student debt without seeking congressional authorization. this will play out a little bit differently in each state, but the crux of their suit is, we, the states, suffer financial harm. lost revenue, for instance, you

are having the private bank creditors get stung, because the people who took out loans from them have switched over some of them have to direct loans with the government. this causes us harm. stuart: i think that whole student loan handout program is in serious jeopardy. it's a huge court challenge coming we just reported. i don't think they will get past it. check futures again, please. we're close to the time when the market opens. dow is going to be up about 360. nice gain for the nasdaq too. the opening bell is next. ♪ ♪

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financial institutions, particularly with that exposure to the pound sterling but i don't think so. this is all about political optics, stuart. i would love to see it, have some significant impact but i don't think it will. stuart: where is the bottom for our market? >> you know, they haven't priced in as much as i like the green this morning, stewart they have not priced in, they, being the an a it's hads at five , maybe 10 or 15% decline in earnings. i think we're going to see pre- market, pre-earnings announcements introduce volatility if i'm right and hope i'm not, 3,200 maybe 3,000 on the outside. stuart: what's the chance of inflation moderating? i noticed the gas prices have come, okay up a little bit now, but gas prices have come down significantly. food prices are not going up as much as they were before. any chance that we see some moderation in inflation? >> you know, technically, stuart, that's an interesting question. technically, i think we will moderate because the calculation s change, but the average americans wallet is not going to feel that. in fact it's going to get more

pinched. i maintain the fed as wrong about rates and labor as it was about transitory. stuart: i'm sitting next to dan ives, ace wall street analyst, and he's -- >> oh, wow. stuart: yes, he's a good man. he's telling me that he thinks that apple is going to go to about $220 a share this year. it's currently at 138. are you in his camp? >> oh, absolutely. my hats off to being able to work with dan. he's brilliant. i followed him for years. i actually have got 205 on the table so we're in the same neighborhood. stuart: and tesla. he likes tesla. go to $300 a share, by the end of this year. what says keith fitz-gerald? >> that is exactly my target. $300 on the nose, dan, i love it , thanks for giving me company or vice versa, my friend. stuart: when is it going to happen, keith fitz-gerald? are we going to hit tesla by 300 by the year-end? >> you know, i think we're going to hit it into q 1 just a little bit beyond that. it's very tough right now given

the fed's actions. it's a moving target right now but again, long term, i believe in both of those companies. i think those price targets are absolutely accurate and i'm playing that game. stuart: are you telling me to go out and buy apple and tesla now? >> depending on your circumstances, that's exactly what i'm doing, stuart, so if you got the time horizon in the capital to do it i would encourage you to think seriously about doing just that. stuart: should i sell some microsoft and switch it into apple or tesla? >> you know, for me, that's a no-way that i can't say on national television. that company has been beaten down and it's growing like crazy i wouldn't let that one go. i'm holding my shares and hope i'm start enough to buy more. stuart: are you going to buy more microsoft? key question here. >> i'm probably, if it stays down like it is, we get a little bit of a hit in this next week or two from that 5-15% an a list revision i'm talking about, you get i'm going to. i'll be like a viking at an all you can eat buffet. stuart: [laughter] not heard that one before, but

i'm going to steal it and use it myself. i'm just, i want to get back to the good old days where you could get in in the morning and see that market go up and be reasonably secure. we aren't there yet, are we? >> [opening bell ringing] >> no we're not and the fed is the problem and of course the administration continues to dump fuel on the fire that's the problem so the market wants to fix this , we know what these great companies are but the fed is interfering with what the free markets want to do and until that switches itself out we'll have to put up with this nonsense. stuart: all right thank you very much, keith. the market has now opened. lauren, itching to say something , aren't you? lauren: i think you're trying to force a lot of parallels to europe right now and i think the good old days, things here are better than what we're see ing in europe. >> i think you're right. i'm trying to force a parallel which is not there. lauren: can i say that too? yeah. stuart: you just said it. lauren: i think we're doing a little bit better here but everyone is nervous. you're nervous when you hear oh, the s&p and the nasdaq had their worst quarter since what was it?

the third consecutive quarterly loss last time that happened. stuart: dan, it's negative feelings right now. >> it's as nervous and bearish as i've seen since 2008-2009 and given the fundamentals that's why i view this as the risk reward to buy these names in terms of high-quality. lauren: but is it like 2009? stuart: not at all but it going back to your factor, the bearish ness is similar, but the fundamentals, the valuations , you can't even compare. that's why i view it similar to what brian was talking about when you look out the next six to 12 months. stuart: show us again what's exactly happening. take the dow 30 again, please because that tells a good story this morning, 28 of the dow 30 are up and apple is just scratch ing out a $0.09 gain. the s&p 500 has opened to the upside, how much, he asks? 1.1% that's a rally and the nasdaq composite, where's that? up .83%. big tech where are they?

we've got apple, actually now down $0.19 at 138. are they watching this show for heaven sake? amazon, meta on the upside. let's see , now credit suisse, got to have a look at that. look at it go down $3.86 per share, again, i might be forcing a parallel which is not there. i'm wondering if there's any spillover effect from credit suisse or not. lauren: i'm going to go with no. i think these are credit suisse- specific problems and the financial times is reporting that the bank, the top management, spent the weekend calling investors and customers saying look, it's okay. i know where share price rsvp down a lot but businesses sound were healthy. let me give you some examples. the cost to ensure credit suisse debt for five years, widened to 284 basis points at the start of the year, it was 50. that's a risky company, so what happens now to credit suisse is the problem? you might see them lehman moment , 200019 financial crisis moment, a bailout, forced merger

, we don't know. there's a probability that that would happen but i think that's a credit suisse problem. stuart: they are in that much trouble at credit suisse. that's what the you're thinking about? lauren: they have to turnaround their investment bank. stuart: thads tough stuff. what else we got going here? the energy stocks i presume are on the upside. target? okay they got their deal days. trying to compete with amazon is it? lauren: deal days starts about a week before amazon's second prime day it starts on thursday, october 6 so this thursday, and some of the target deals are really good. lol, surprise, barbie, the new cocomelon toys, some are half off at target come on, this is early october. who is buying christmas gifts already? stuart: i am. lauren: and you get a $50 savings on the microsoft xbox series s console. that's pretty good too. stuart: let's get to the energy stocks because opec is considering a 1 million-barrel per diabetes day cut in oil production. that's why the oil companies here, whoa that's nice. lauren: conoco is up 6% so this

is the first in-person meeting of the pandemic. it was supposed to be virtual and they just switched it to in- person and it's happening on wednesday. my analysis is maybe we're going to see bigger than that. why else would they have to meet in person? whose arm do they have to twist here to get what they want, right? and then look what else is happening in the eu today and tomorrow you have the finance minister's meeting. they don't have enough energy to heat their homes this winter. they are in dire straights, and now you have opec considering cutting production more, so bills go even higher. it's an uncomfortable split screen. stuart: it sure is. lauren: for europe. stuart: let's get to dan. i want to get back to some of your stock picks, apple 220 late this year, early next year. >> i look at apple that's one 3 q is going to be huge determinant as a positive, that's a $200 plus stock into next year. stuart: microsoft, currently at

around what is it 240 is it? 235. you think that's going to 300 this year? >> i believe of all of the tech names that's the one that's been the most crushed relative to what i view as a still a bullish cloud indicator. that's what i view as a $300 plus stock in the next six to nine months. stuart: i hope our viewers forgive me for getting back to microsoft because i do own a sliver of this thing but it's such an important company and an importantly financial company that i like to extend coverage. palo alto, the networks i believe, that's a cybersecurity company, right? >> yes, these markets you look at where the pockets of strength , it's cloud, cybersecurity, all o alt o i continue to view as a table pounder, in terms of a name to look at that's going to be resilient through this downturn. stuart: every time you've been on the show, palo alto networks is your table pounder. how about z-scaler, that's also cybersecurity? >> that also plays into the cloud. that's why stuart, in these sell-off, you want to look at the high-quality name on

discounts. that's the way you look at palo alto, z-scaler, apple, microsoft and tesla that's our group we continue to hand-hold through this dark storm. stuart: okay let's have a look at the big board. we're up to what is it now, we've got a few minutes worth of business under our shirts here. and the dow is still just below the 29,000 level. it's up .94%, just shy of 29 grand. dow winners headed by chevron, oil company of course, home depot, verizon down, mcdonald's on the list, s&p winners, apache , devon, all energy companies on the s&p 500 and nasdaq composite you got t-mobile at the top, micron, atlas, and lam research. now, we go through the markets at this stage every morning. the 10 year treasury yield, all the way down today, to 3.70%. is that partly a flight-to- safety? i mean, you put money into the 10 year and that puts the price up and the yield goes

down, you're down to 370 this morning that's quite a big move. gold still what, 1,675. bitcoin still 19,000 bucks a coin. oil, yup, moving up to $84 a barrel that is a 6% gain on the back of the opec ideas for a cut. nat gas on the downside a little bit this morning. the average price for a gallon of regular up one cent at 3.79 but go back to california for the shock value 6.38 per gallon for regular out west. coming up, at the border nearly 600,000 migrants evaded the authorities this fiscal year called got-aways. star reporter bill melugin is now bringing his reporting to congress and going o to tell them the full and real story. saturday night live returned for a new season and to an old punch line. roll tape. >> let's see what they spent the entire summer coming up with >> [laughter] >> okay, we got an establishing shot of mar-a-lago.

>> [laughter] >> oh, good. way to mix it up. >> [laughter] >> i've got to point out where is the balance politically? stuart: okay, they will never get past trump. they got nothing else and they will never do to biden what they did to trump. we will be back. ♪ ♪

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stuart: well, you see some green this monday morning up 280 on the dow, up about 25 on the nasdaq, 26 on the s&p some of those gains being paired in the early minutes of trading. then there's this. a member of the coast guard was personally thanked guy by president biden for saving lives

during hurricane. roll tape. >> i also spoke to aviation survival second class technician , second class zach le sch, who described how difficult the decision is for people to leave everything and come to safety. i told him how proud of him i was and thanked him for all the work and his coasties are doing to save lives. i'm grateful for the brave women and men at the federal, state, and local folks working so hard. they are all works as one team. stuart: that was very nice praise. lauren: it was. stuart: there is an issue here? lauren: yeah, the rescue swimmer because this is what zach said, and i'm quoting. if i'd asked any of the people i saved yesterday if they wanted to come with me, even though i am unvaccinated, every single one of them would have said yes. it just sucks that he thanked me yet the vaccine mandate is what's kicking me out. i just love my job, and i'm really good at it. it sucks, i feel like this is the job i was born to do and he is one of over 2,600 members of

the coast guard who refused to get a vaccine. stuart: so he's out. lauren: he's out after that praise and good deed. stuart: we need doc siegel. are you there, please, come on in because you've been saying for a long time these mandates are no longer necessary, so why does the administration still cling to them and people like this coast guard guy are forced out? >> completely absurd and deeply disturbing, and it's going to cost still people their jobs and they should be inviting them back and at the very least apologizing they are going to get sued i think. i think it's a disgrace. they have a real problem here, which is that they have 140 million doses ready on the new booster vaccine which i actually am recommending for a number of people, and they only have 7.9 million people who have taken it. that's what the they should focus on, that that bully pulpit , there's like something like remember the assistant principal stuart when we were growing up the guy with the

ruler, that's what the government seems like and nobody is complying with the masks, they aren't complying with the vaccine mandates and it's time to completely get rid of them. stuart: doctor, i'm not quite sure what kind of school you went to, but i can assure you there was no assistant principal in my high school with a ruler. had a cane, actually. there's the truth. hold on. we got a study. 63% of the people polled, they want to get the omicron-specific booster but doctor, i bet that 63% do not get the omicron-specific booster you with me? >> yeah, and i'm going to tell you why. we're always on the same wavelength here. that's why i told you already that only 7.9 million have actually taken it and the government has be-bought 140 million doses. i'll tell you why they aren't going to take it. because they aren't in the doctor' office, because i can't have a conversation with someone as i do with a flu and explain what i think they might benefit from and what they won't

people are tired. they have vaccine fatigue and you aren't going to get really healthy people to take it but i can talk to someone at risk an elderly person, someone with underlying conditions. i can talk to them but stuart even if i convince someone to take a vaccine, they got to go a mile away to get it. that's not going to work. the vaccine centers worked early on. they aren't going to work now and i agree with you there's going to be a huge compliance problem, even if this vaccine works a little better than the previous one. stuart: doctor i see a lot of medical professionals urging people, get the flu this year, because people are getting sicker for longer, but i put it to you. there's vaccine fatigue out there and people are not, i don't think a lot of people are going to do it. what say you? >> well i have the same thing. the flu i have in my office. i think you're right. i think we're expecting a pretty bad flu season, but it's not so much vaccine fatigue. it's the way the message has been delivered. making people feel bad. humiliating people. firing people. threatening people.

that's what's causing this backlash, and that's an enormous mistake that's gone on for months and years. that's why we're seeing that it's a deeply disturbing problem , barks archdiocese because, stuart, vaccines history have saved millions of lives. stuart: yes, the big evil in my youth was polio. along came the dr. salt and his vaccine, eradicated polio, just about, and that's a huge success story. we don't hear about those success stories. >> not president biden isn't taking the vaccine. look at the difference. you had elvis presley out there taking the polio vaccine and that convinced people. stuart: that's true. doctor we're out of time. i could talk all day. thanks very much for being with us. >> by the way, stuart, one more thing. lauren says it's bad in europe, but i'm in venice, and i was at harry's bar last night and it is thriving here in venice. thriving. lauren: a bellini? must be nice. stuart: great lifestyle for dr.

siegel. lauren: i mean, come on stuart: see you again soon. i've got to tell everybody what we got coming up look at this. it's a new op-ed, senile joe biden is bringing shame to the united states. that is a very strong word to use. miranda devine wrote it and she's on the show later. the rude shrimp company move from omaha to fort myers in march. that's tough. they are left with nothing now. hurricane ian swept the restaurant away. the owner will tell us, what he's going to do about this , right after this.

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stuart: president biden heads to puerto rico this morning and touring damage from hurricane fi ona, and then handout some aid. on wednesday he travels to florida to evaluate the damage from hurricane ian. the death toll by the way is now 87 but expected to rise. my next guest awful story here. he moved his company from omaha to fort myers and he did that in march of this year. he lost everything in lina khan hurricane ian. tj hofspofel and he is the

owner of the rude shrimp company joining us now. sir, were you doing well before the hurricane arrived and wiped you out? >> first of all, big fan of yours, stuart thanks for having me on. yeah, we were doing very well. we had a great location right across from a resort right on as tero boulevard, right across from the beach, dream location, and everything was great, had a great staff, and our name was really getting out there. stuart: tj, on the left-hand side of the screen we just had a picture of the restaurant before the hurricane hit. if you can put it up again like i said. has it been blown away completely? have you been allowed to go back and assess the damage? >> we were down there two days ago at ground zero, and i have eight pillars. stuart: that's it? >> we found some keepsakes that

were near and dear to us, that we're able to recover and bring back, but there's literally eight pillars, and the best way that i tell everybody is if you took three to six feet of sand, and you put it all the way down to las vegas strip, and then you removed all of the hotels and casinos, that's what it looks like. stuart: good lord. do you have insurance? >> we do, luckily. the land was not ours. we were on a five-year lease on the building, so we do have some insurance for some of the stuff that was in there, but as many people in the restaurant industry know, equipment, you don't get what you paid for equipment in a restaurant. stuart: what's your plan? are you going to try to rebuild or are you going back to omaha? >> no, we're staying put now. we're in a condo over in cape coral that is a friend of a friend, because the house that we just bought is completely destroyed, both of our cars,

everything is gone except a bag of clothes that we found about a block away from the house, so we're in a condo in cape coral and dealing with the companies now, and looking for a new location because it's going to take, they have to redo the entire electrical grid down there on the beach so it's going to be five years before it's anything like it was before, for tourism. stuart: well,tj, thanks for coming on the show and letting us know just what a dreadful situation this is. we wish you the very very best of luck in the future. thank you for being here, sir. >> stuart i really appreciate you, thank you, sir. stuart: you got it see you soon, i do hope. market, please, lots of green up 300 for the dow. i've got 30 seconds left, dan, you've been with us for the hour give me your prediction for earnings season, which starts real soon. >> don't fear it, embrace it. i think it's going to be better-than-expected in terms of what's baked into these stocks. i view as a positive catalyst for tech especially the names we talked about so i view it as the sooner it comes the better for the market. stuart: dan thanks very much for

being with us . always appreciate it. still ahead, will cain, douglas murray, miranda devine and david webb. the 10:00 hour is next. ♪ thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective.

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morning, it is 10:00 eastern and we better get straight to the money. it's monday morning. i tell you this, i have green for the dow industrials. dow is up about 350, a modest gain for the nasdaq up 84 points. the ten-year treasury yield came way down this morning and could have be a flight to the safety of treasuries and price of oil going up and opec askerring a 1 million per barrel per day production cut and