>> wall street has a macro view of what the fed's going to do. i think we've seen peak inflation. i think the fed will go 50 basis points tomorrow, then the question is, will the fed pause. i think wall street's betting on a fed pause. >> i think there's a lot of economic pain that's coming. markets may defy all this and

hang in there, but i think we've got some rocky waters ahead. >> i think we could still see 75 basis points hike this week. stuart: does the stock market rally last? >> no, it doesn't. my fear is not inflation, it's credit quality for corporations, so i think we're going to see earnings downgrades. >> inflation's going to be sticky, we're going to have some bad days too. this is a good one, everybody should relax and enjoy it, but this is nowhere near the end of the road. ♪ you make every day feel like it's christmas. ♪ never wanna stop ♪ stuart: good morning, everybody. it is 11:00 on the east coast, eastern time, i should say. it is tuesday the, december the 13th. the markets are still in rally mold. we were up a lot more than this when the good news on inflation came out a couple of hours ago, and now we've pulled back a little. we're still up 230 on the dow,

230 on the nasdaq composite. big tech doing very, very well. look at 'em go. meta, alphabet, amazon, microsoft, apple, all up 2% or better. the 10-year down to 3.45%. that is really something. mike murphy joins us this morning. he's going to stay with me the whole hour. 7.1 inflation, it's cooling, but main street is still left with 7%en inflation. do you think the market's getting ahead of itself? >> i don't, stuart. [laughter] stuart: if you want this thing to rally so badly -- >> well, i would -- it's going to rally regardless of whether or not i want it to. so the fed is going to finish hair job, and when they're done finishing their job, the market is going to go back to rally mode. and you can look at the last 100 years of history to see what i'm speaking about. what we're seeing now from big investors, from institutional

investors, they're saying, okay, there is an end game here. we can see where this ends, where in the tightening cycle ends, and and from that point we can go back to rally mode. strong economy. if the economy, call it a soft landing if you want, but as long as the economy hold up and corporate earnings are holding up, and you see big tech look to regain its leadership, we're in a pretty good place. stuart: i'm loving every minute of it. one quick question, i've never heard you explain why your company did not get into crypto. >> well, we have a couple of crypto investors, but it's the something, stuart, i'm a big believer in knowing what i know and knowing what i don't know. and as the crypto the boom happened, i had a dinner with people last night who are major crypto investors. as it was happening from 5,000 to 10,000 on bitcoin to 20,000, 50,000, we weren't there for it.

and i'm okay with that because there's been a lot of investments i've missed over the last 27 the years. as long as i'm focusing on investing in hinges i understand -- in things i understand -- stuart: the people you had dinner with, are they upset? >> yeah, you know, there's -- still bullish though. still, this is a downturn, it's a great opportunity, and i don't know that i necessarily agree with that, but, you know, i'm pulling for it. i don't like to see these the fraud stories. i look forward to getting past that. stuart: i agree entirely. all right, folks, now this. today homeland security alejandro mayorkas will visit el paso, texas. he's going to the border. it's about time. top democrats have avoided the border hike a the plague, but they can't avoid what's going to happen in the immediate future. a huge group of migrants 1,000 strong just walked across the border, i think it was sunday

night. 16,000 came over just over the weekend. that is just the start of a new surge. next week title 42 ends. the floodgates are opening ever wider. it's not just people coming here, it's drugs too like feinteddal. and there's a deeply troubling connection between the border, fentanyl and, yes, homelessness. in short, the new and more addictive versions of fentanyl and amphetamine are driving the homeless crisis. the cartels that bring in the migrants organize the gangs that distribute the drugs to our big cities. users very quickly slip into debilitating addiction and mental illness. the result is what you can see in big cities all across the country. it all comes back to biden's disastrous open border. mayorkas has said in the past, the border is under control. the perhaps if he should also visit the homeless camps in los angeles or san francisco so he can see firsthand the effects of cartels, gangs, the open border

and fentanyl. get a grip on your job, mr. secretary, because your administration's open border policy is killing 100,000 americans a year. sean duffy with me this morning. mayorkas might be headed to the border today, but do you think anything's going to come of it, any controls put in? >> no. you see it's a disastrous border, stuart. this administration believes that this is the way america should be, we should is have open borders. let everybody come in. this is intentional, what heir doing. this isn't -- they're doing. this isn't an accident. they want to see the border open, they want to see anyone come n. they don't mind the fentanyl crisis, that they're the enriching cartels, that little girls are getting raped and abused on the trip up here. they don't mind that the as kids come over, they're passing children off to people who have no relationship to the child. they're being sold into sex slavery. that's the plan. you and i think it's a disaster,

but they do not. this was all intentional. and i look at this to go the plan of the democrats not going to the border, they don't go because if they go to the border, the press might have to cover out. if the press covers it, most americans like you and i would be, like, this is outrageous. so they just ignore it. the press doesn't bring attention to it but for fox news, fox business, and this is what you get. stuart: in next one and this is for you, sam bankman-fried. [laughter] you know where i'm going here. by the way, he just arrived at the courthouse in the bahamas. he is expected to be extradited to the united states. sean, you're a crypto guy. has all this bankman-fried stuff left a bad taste in your mouth? >> sadly, he was doing a lot better than he is now. so i know that mike says, you know, listen, he's not a crypto guy, but the guys he had dinner with last night, they're bullish

on crypto. and and i'm a long-term guy in crypto. stuart: you'd never feel? -- sell? >> listen, if it goes down much further, i might as well hang on with with my fingertips. stuart: well, you can take the tax loss. >> i think it's going to go back up, i sold a little bit to take some of that loss, but i'm long-term holder, i'm looking out 10 years. and i do think we're going to come back and especially bitcoin. stuart: i need somebody to explain to me why with all in the turmoil and all these the suggestions of fraud and whatever else goes on, absolutely turmoil, bitcoin is now at $17,700 a coin. it's gone up. susan: because it's in tandem. end when the nasdaq 100 goes up, you have bitcoin and cape toe -- crypto going up as well. 60% of the bitcoin in the world hasn't moved in the past year despite the downturn. stuart: what's your explanation? >> also you see on the exchange

finance, the largest exchange in the world, you see investors saying, listen, i'm not going to hold my crypto on the exchange. we saw it happen at if ftx, so they're taking it maybe to a private wallet, and then you have less tradeable bitcoin. so it's not going to be traded, it's going to be held. stuart: one more explanation -- >> the bull case is with all the negative news surrounding crypto and the ftx news, if it holds this 16,000 level, 17,000 today, that's bullish, and it will resume the march higher. >> i'm with mike. susan: is it kind of like jamie dimon where he says he believes in blockchain, the underlying technology? makes sense, where it's peer-to-peer lending without having to clear the banks for two days. stuart: okay, let's get to something special here. you've got a new show, and it's called the bottom line, and it's here on fox business. >> it's going to be dagen and duffy -- [laughter] by the way, there was a lot of

debate, how can dagen's before duffy? i lost that debate. yeah, we're going to talk pollices and business and policy. it's going to be a great show. stuart: you do a lot of politics. you're a former congressman, for heaven sake. [laughter] >> no one crosses dagen, right? i'll be very nice. stuart: hey, sean, thank you very much for being here. good luck with the show. >> good time to buy. [laughter] stuart: morgan stanley cut 2% of its global work force, now it looks like goldman sachs planning to cut around 400 jobs. that doesn't look good for 20 the 23 in the financial business, mike. >> it wasn't. i think two different stories here. goldman, you have them trying to exit the consumer banking field saying now that's not the direction they want to go in. but wall street as far back as you look, stuart, they overhire in good times, and then when you have a major correction, there's massive layoffs.

and when things start to turn the up again, they're going to hire again. i wouldn't look too much into it, but it's bad from the standpoint of what are revenues looking like next year. susan: this is part of that attrition costs -- stuart: they did freeze fire, didn't they? thanks everybody. a school board member is apologizing after she refused to vote for her white male colleague for board president. she rejected him because he identifies as a white male. you can bet we're all over in this one. the latest round of twitter or files, not all the employees were onboard. activist won, and he was convicted -- kicked out. sam banman prieded was arrested and charged with fraud. some lawmakers are questioning the timing of it all. the report from capitol hill is

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stuart: yesterday, before he was arrested, sam bankman-fried spoke to "forbes" about a his upcoming testimony. here is why he said he couldn't attend it in person. roll tape. >> quite overbooked, and with not planning to be testifying until, like, very recently i feel like i set respect as much

as i could, it's very difficult for me to move right now and travel because just, like, paparazzi effect is quite large. i'm not -- stuart: susan's back looking at the headlines. what else do we have? susan: looks like he has appeared inside the bahamas magistrate court according to witnesses. the court hearings have started for sam bankman-fried. as for extradition to the u.s., we've had multiple charges filed whether from the sec or the southern district of new york. u.s. marshals are not involved at this time according to reporting in washington, d.c., so that means extradition might take some time. stuart: thanks, susan. it'll probably be easier for bankman pried to escape the pan rats city since he's currently in custody in the bahamas. obviously, bank bankman fried is not attending the hearing, but the current ceo has been on the stand this morning. what's he been saying grady? >> reporter: stu, that the

company he's now in charge of is an absolute mess, the worst he's seen in terms of continue oversight. and this is from someone who's been restructuring and cleaning up companies like this one for decades including with enron. >> the ftx bruin's collapse -- from absolute cronsation in the control of a hands of a small group of unsophisticated individuals. who failed to implement virtually any of the systems or controls that are necessary for a company entrusted with other people's money or assets. >> reporter: ray says there was basically no distinction between ftx and sam bankman-fried's hedge fund, alameda. there was no real recordkeeping either, he says. we do know he gave millions of dollars to democrats in campaign contributions. republicans on the committee are now questioning the timing of sbf's arrest. >> this is quite incredible that

just hours before he finally has agreed to testify before congress, he is indicted. so, you know, you call it conspiracy theory or not but, truly, it is very coincidental on the timing. i think that's something we need to consider. >> reporter: and ray said ftx's troubles didn't start oversight -- overnight, that the financial problems have been going on for months, maybe even years. so far they've secured about $1 billion of assets with a lot more to go. u stu? stuart: grady trimble, thanks very much, inebb deed. here is vivek ramaswamy. vivek, do you find the timing ofman fried's arrest a little, say, convenient for democrats? >> i found it outright suspect. and it's not just for democrats, i thinkst for the bureaucracy in the federal government. my sense is the people running the doj did not want to be embarrassed when sbf was

questioned by law are makers. the number one question would be why haven't they arrested him yet. i think it's very clear they wanted to get ahead of that. and i think it's a little bit sad, yet another example of the politicization of the criminal justice process. i think it would is have reflected higher integrity if they had just waited to let him. i think it's pretty clear they pulled that decision up just to get in front of it. let the public have the transparency. now, the other hinge that i thought was striking here is sbf allegedly committed consumer fraud. he was shooting from the hip, said one thing, did another, and it's hard to escape the parallels between what we see happening at twitter. again, shooting from the hip, telling consumers they're doing one thing when, in fact, doing another. and i think it's worth using ftx episode for the entire business community to ask itself how different their the practices really are and how transparency

they communicate to consumers. it's easy to hang sbf at the stake, but the harder part is actually scrutinizing other companies whose versions of consumer fraud is different not in kind, maybe only if in degree can. stuart: let's talk twitter for a minute. new batch of fuels reveals dissenters inside twitter questioning the call for president trump to be banned. but eventually, the activists won. i think they just hate him, and the activists took it out on him. am i right? >> well, i think one of the most striking things is actually getting into the facts. one of the things that trump said that triggered the senior official who was making a lot of these decisions, general counsel, head of trust at the. company and was his use of the word american patriots. i start of -- sort of pause on that, stuart. has striking. that is a signal for incitement to violence? now, i'm not defending what trump did that day, far from it, i thought he should have handled it far differently than he did,

but twitter's retrofitting rules to effectively get to the conclusion they already wanted to get to. to top it off, something different than they told public in their user base what he were doing which is the definitional form of fraud. stuart: i notice that twitter has ended the trust and safety committee, disbanded it as of this morning, i believe. was that committee many charge of content -- in charge of content moderation many. >> i think it's very amorphous what that committee was exactly in charge of, which is why it needs to be disbanded. by the way, i think the same thing goes for a lot of government bureaucratic apparatuses too. the bureaucracy takes on a life of its own, and at a certain point in time the only answer isn't to reform that bureaucracy, it is to shut it down and create something new to fill that -- stuart: yes, indeed. >> i'm glad to see elon taking

that step with twitter. stuart: yes, we could. vivek am am swami, thanks. -- mike murphy, do you approve of what musk is doing at twitter? >> i think it's something that we need for our democracy because the way i see it, what he's doing is just reporting the facts. he's just giving to the public what exactly what happened, when it happened in a time frame. we need to understand that. and whether you agree or you disagree,there's going to be tha large social media company that can change the facts or alter the facts or take -- decide what they report, when they report it and what they suppress, that's bad for all of us. i think what he's doing is phenomenal. stuart: good. give the man a medal. all right. harry potter author, j.k. rowling, is laughing off the woke mob's attempt to cancel her.

she says such efforts to cancel her have only helped her career. in a new interview she says this, quote: the only time aye ever made -- i've ever made reference to being canceled, my book sales went off. i will always be able to feed my kids even if everyone boycotts my books for the rest of my life are. end quote. all right. quick check of the market. the rally is still there, just. the dow is up 200, nasdaq's up 228. solid rally for the nasdaq. and there's in the: a navy seal who came out as transgender a decade ago as detransitioned back to male. he's now warning youngsters, do not rush into this life-altering decision. we've got more on that for you. uncoming senator john fetterman is honored for his fashion sense. no joke, as the president would say. we'll explain it all next. ♪ come on, vogue. ♪ let your body move toot

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♪ [laughter] if. stuart: what are you laughing at, the expression on my face? susan: yes. stuart: okay, all right. move on, stuart, move on now. austin, texas, that's what you're looking at. it is 75 degrees. let's get to the markets, okay? up 208 on the dow industrials, 230 on the nasdaq. very solid gains for big tech this morning. susan's watching the movers, start with tesla. susan: 2-year low for shares, underperformance today. down in an up market despite the s&p hitting a 2-month high just an hour ago. this is on track for the worst year for tesla shares, down for the first time in 6 years. that's, you know, we still have a few days to go until the end of 2022, but that's what we're headed. we're down 50% since that twitter takeover, china demand and also this "wall street journal" headline that just crossed that you have those invested in tesla wanting musk to focus more on the electric the car company than just on

twitter. stuart: mike murphy -- >> yes, sir. stuart: do you think that some investors are going after tesla are, going after musk because they don't like what he's doing at twitter? >> i do for certain. [laughter] susan: it's valid -- go ahead, mike. >> i also hi that what musk is doing, he's really aggravating or annoying half of the country. you know, the left and far left does not like what he's doing. so are they no longer potential customers? you know, this started out as tesla was something that the left liked or that the left wanted. now is he alienating a whole half of the country. i don't know, and i hope we get past this, and i hope people realize whether you're on the left or the right, someone exposing the truth is good for all of us. but i think tesla's stock looks completely oversold here. if there's no other news coming out, it's something i want to look at closely. susan: are you a tesla shareholder though? would you have concerns if the ceo was spending all his time on

another inti ity when you have problems in china -- >> if he was also running a space company, an underground tunnel company and a neuralink company, no. susan: he could be possibly putting out more of his stock to restructure this debt and twitter purchase, they didn't -- that he didn't really immediate to bo through with. >> well, he didn't need to, but there was a reason that he wanted to do it. i think, ultimately, the game plan is to fold all of these companies into one company, if i was just down 50%, i would definitely be buying more of the stock right now. stuart: okay. susan: you're not going to get into it. is. stuart: no, no. i want to talk about big tech. we've got the yield way down on the 10-year, i think that's helping. susan: absolutely. the nasdaq 100 shot up 4% this morning before the market opened, and that's because interest rates won't be as high as 5% next year, that's what the market is pricing in right now.

and in the back half of next year, you could start seeing, actually, interest rate cuts, and that's rallying big tech. stuart: got it. thank you, susan. a retired navy seal who came out as transgender a decade ago has now detransitioned back to male. chris beck sounded the alarm last night on tucker. watch this. >> now, as soon as somebody goes in there and says -- you're basically labeled transgender and they start pushing surgery. i don't want to be political, and i don't want transgender people to be harmedded, but if you're doing this to kids, that's wrong. it's a huge tidal wave of popular transgender culture and ideology, and that is wrong. stuart: you know, i find that powerful stuff. leoer rell joins me now. you're a former teacher. is this starting in the classroom these days? >> i'll tell you right now, that navy seal is spot on.

stu, thanks for having me on this subject. i am a former teacher. i still have my teaching license. and when you have kids from 12 to 16 you're going to transition, you're having them make life decisions of transgender transition at that stage of life? wrong. and the dangerous part, stu, is not having parental involvement. these things are being motivated by pharmaceutical companies, plastic surgeries because they're making money. they're involved in making money at the expense of kids. and not to have present ifal involvement in these life-changing decisions is absolutely wrong. you and i, we can remember when we were young. we made bad decisions, and making a bad decision at that early age is wrong. stuart got it. now, a pennsylvania schooled board member resigned after she refused to vote for a school board president solely because he was a cis white male. that means he was born a white man and he identifies as a white man. that the board member got a ton of backlash for that opinion. leo, do you think we're finally

seeing some sanity return to school boards? >> no, not under this administration. met me take off my teacher's a hat and put on my civil rights hat as a lawyer for 30 years. white males are an endangered species in america right now. why? critical race theory, 1619, this equity code word for racial divide. and i'm telling you right now even hoe that board member who made that comment resigned, i'm telling you right now just because of skin color you're going to be considered the wrong personsome i'm telling you that's not what i learned as a civil rights attorney the, that's not what dr. king talked about as far as judging people on character, not by skin color. white men are being judged because they're white men. wrong. stuart: is that what equity comes down to? >> yeah. stuart: favoring some group of people because of the color of their skin. that's what equity is about -- >> let me think about it: yes.

equity is a cold for discrimination. -- code for discrimination. determine who's right, who's wrong based on skin color. that has been the entire biden administration since day one, and it's continuing. just because that woman resigned doesn't mean it's stopping. it is happening as we speak today, stu, and it's wrong. as a civil rights attorney, as a black american, as an american, it is wrong to judge people by skin color. that man was being denied because of his skin color. wrong. stuart: got it. rio -- leo, good stuff. merry christmas to you. >> thank you, stu. stuart: you got it. a related story here. the cambridge dictionary is accused of appeasing woke activists and updating the definition of man and woman. according to the dictionary's web site, woman is defined as, quote: an adult who lives and identifies as female though they may have been said to have the a different sex at birth.

got that? if man is, quote: an adult who lives and identifies as male though they may have been said to have a different sex at birth. i think you get the gist of it. i'll end it right will. now this: incoming pennsylvania senator john fetterman was just with named one of the most stylish people of the year. he was given the title by "the new york times" even though fetterman is mostly seen wearing hoodies, gym shorts and sneakers. a lot of backlash including from fetterman's wife. she tweeted in response, no, not john fetterman. recount. i guess that was kind of tongue in cook. and then there's this, washington statement will soon offer health insurance to all residents, even undocumented, illegal migrants. the new program comes with a big price tag. we're going to break down the numbers for you in a moment. the cdc urging people to get their flu the shots now as cases surge around the country. 47 statements have high or very high levels of the flu.

we've got a report on that as well next. ♪ doctor, doctor, can't you see i'm burning, burning. ♪ oh, doctor, doctor ♪

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♪ stuart: as you may know by now, sam bankman fry pd arrested this morning in the bahamas, he's appeared in court, and we've got new headlines. what do you have? susan: bankman-fried appeared in court in a blue shirt, he appears to be relaxed. also his lawyer telling the bahamas judge the client wasn't able to take medication on monday night. he was he was taken into custody on monday night pending extradition here to the u.s. to stand trial, again, with the sec and the new york southern district. according to news sources at

reuters, they're saying bankman fried has stepped out of the courtroom in order to take that necessary medication. [laughter] stuart: every single movement from minute to minute is being watched and that's a fact. next, we have this, hong kong is easing its covid restrictions for incoming travelers. visitors will be able to roam around freely without showing a negative test. meanwhile, china actively trying to minimize another covid wave. they're allowing employees to work from home and taking paid leave. one chinese health app has started to sell pfizer's paxlovid as an oral covid treatment. got it, and poiser's stock is up 2 the % -- e -- surprise -- pfizer. rsv and flu cases are climbing across the country. we are dealing with a tridemick. phil keating in florida, what is the cdc most concerned about? >> reporter: it's the blue, stuart, believe it or not, after two years of basically being

holed up and not going out as much, people's immune systems are weaker, so the flu is a little higher. the holiday season's right around the corner, and health experts worry that the worst is still to come with tipple-dem -- triple-demic. americans are getting cold, cough and flu meds are in very short supply if not just empty schells. >> we're at the mercy of our wholesalers. right now my primary wholesaler is showing 0s across the board for anything over the counter for cold, flu, fever. children's there's nothing at all. we're having to look at secondary, tertiary wholesalers. >> reporter: the latest densely populated event in south florida was saturday night's annual winter fest boat parade in fort lauderdale. hundreds of thousands of people watch the holiday-themed boats all lit up and floating

festively. people seemingly not too worried about getting sick. as for the triple threat this year, covid-19, seasonal flu and rsv, the cdc seeings the flee as a big big -- a very high rate of infection in california, new mexico, texas, colorado, ohio, indiana, virginia and new york. no state's immune right now. while hospitalizations are up 13%, the director says rsv cases appear to be slowing while covid cases are still rising, and flu cases are breaking records, the highest in a decade. now, some health experts are still recommending now if a return to the masking. that's a voluntary basis. but when you go around to these big events, finding people still wearing masks, it's pretty

difficult. stuart: i don't see many masks out there, that's a fact. thanks very much, phil. this is the moment we try to get a sense of the market. we show you all 30 dow stocks. 26 -- i'm trying to count it here, 26 are up and 4 are down. and the dow at this point is up 251 points. let's move away from the market for a second. a huge migrant surge is underway in el paso, texas. 16,000 people crossed the border just past weekend, and there are more caravans on the way. yep, we've got the worlder report for you. it's -- the border report for you, t it's next. ♪ ooh, the wheel mt. sky keeps on turning. ♪ if i don't know where i'll be tomorrow ♪ get refunds.com powered by innovation refunds can help your business get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their website, uploaded everything,

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gainers. now, is this big tech doing particularly well because interest rates are coming could be? susan: interest rate expectations. that's right. it's -- i know murphy says depends what the end point is, but it was expected to get up to 5% for interest rates. now your thoughts. >> i think rates have something to do with it, but big tech is where you seen the most selloff. you would expect as an investor to get the biggest bang for your buck here. and i would still say although some of the companies don't have the big growth stories they had before, there's still growth at apple, at microsoft, at amazon. so if you're a growth investor and you have a longer term time horizon, i would definitely be allocating money will or to the s&p 500 where you get your tech exposure, but you also a get your energy and health care exposure. for the people watching at home, rather hand trying to pick a

bottom or pick what's going to move fastest, they should buy the basket of u.s. companies. susan: s&p 500 hitting a 2 the-month high last hour. stuart: let's move to the border. border facilities are so overwhelmed that a my grants are now being released intoopt streets. jacqui heinrich at the white house. there are caravans on the way. more of them are coming. what's the administration's plan? they're just going to let 'em in? >> reporter: stuart, they certainly won't be able to use the pandemic as an excuse to kick them out if they make it that far, beginning in 8 days anyway. we hear about the system that's going to be put in place to replace title 42, but to our knowledge, there isn't anything on the horizon just yet. >> are there national security concerns over the title 42 expiration? >> so the team has been working very hard to insure that we are taking steps to be the able to manage the expiration of title 42 and to put in place a process that will be orderly and humane. and we believe that in doing so

we can protect our national security concerns. >> reporter: the u.s. customs and border protection chief high lighted just a snapshot of of what those concerns look like, tweeting over 16,000 encounters, over 97 million in narcotics, 4 firearms, 3 gang members, 2 sex offenders, 2 murderers, 2 warrants, 1 injury to a child. and now a group of lawmakers are making a last ditch effort, senators man up chin and cornyn telling the white house we're also concerned that filing a notice of appeal, dhs has not outlined a viable plan to maintain operational control of the southern border. we must work many place to keep dhs' authority until an acceptable set of policies and resources is put into place. the texas lieutenant governor saying they've been tapping their own resources.

>> already spent billions of our texas taxpayer dollars to do the job the biden administration is not doing. we're doing all we can trying to stop drugs, criminals, terrorists and just trying to secure the border the best we can because they're not -- i don't use this word lightly, i don't come on here to get attention the, but i believe it's an impeachable to pence. >> reporter: it's been reported president biden will go to mexico next month to meet with his mexican counterpart or to discuss immigration, but so far the white house is not confirming those plans. stuart? stuart: thank you very much, indeed. now the national border patrol council president, brandon judd, joins me now. homeland security secretary mayorkas, he's going to el paso today. do you think he's going to actually do anything? >> no. in fact, i know he's not. as you know, stuart, i can personally tell you that there are no plans that are in the works to get this issue under control. and what's most frustrating about that is that this administration has known that title 42 was on its last leg.

they've known that for months, and yet they have absolutely done nothing. what's funny about this is all they continue to do compound bad decision on top of bad decision, and we're now seeing all of the chaos that exists on the border. and because of this chaos we have united states citizens that are dying because the cartels control certain stretches of our border. and when they do, they can get their dangerous products into the united states whether that's criminal aliens, countries that wanted to do the harm to the united states, or if it's the dangerous opioids including fentanyl. that's what we're currently seeing from administration. they are doing absolutely nothing if to get this issue under control. stuart: i'm interested in what kind of numbers we're going to see when title 42 is abandoned. we just had a report that in the last 48 hours 16,000 migrants just came across. what kind of numbers do you expect? >> so when you look at it, a normal day, a normal apprehension day should be

somewhere about 1,000 apprehensions. we're up to 8,000 apprehensions, and this is just the appetizer. we're going to see these numbers climb exponentially. i believe that once we hit january, i think that our daily apprehensions are going to be somewhere around 11-12,000 apprehensions. and when that happens, we're basically going to have no agents in the field to even try to go of after these car els. stuart: and that will be a truly open border. brandon judd, thank very much for being with us. we cotreerkt it, sir. the tuesday trivia question is this: how many states have more than one time zone? if 9, 12, 15 or 18? [laugher] that's a good one. answer after this. ♪

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stuart: this is a god question. how many states have more than one time zone? i'm going to start with myself, and i say it's nine. mike? >> i'm going to say 15. stuart: susan? >> 12. stuart: the answer is. 15. well done. >> might be defeat undefeated in trivia. stuart: quickly, susan with new headlines on the feed freed situation. >> bahama prosecutor that sam bankman-fried should be denied bail if he opposes extradition to the u.s. he could be a flight risk. bankman-fried himself says he will not waive his right to

extradition hearing according to witnesses. >> he wants a hearing. he wants to appear before the judge before getting sent back to the united states? >> correct. stuart: that will delay thing significantly. i presume. >> absolutely. stuart: what is this about bail? >> he should be denied bail if he opposes extradition as a flight risk. neil: stuart: markets in rally mode. only just. the dow is up 107. when we started the show at mine futures indgait ad gain. thank you, mike murphy for joining us for the final hour. your contribution was fell lent as opposed to any other day. you stood in remarkably. neil: stuart, what happened to the rally. we were up about 800 point. now up about 821. when all said and done after the

re