♪

stuart: is my microphone open there? yours was too. little queen. why not. good morning, everyone. it's 10:00 eastern time, straight to the money. where are we this morning? perhaps some green. we opened up for very little price movement and now movement up to the upside and dow up 7, s&p up 10. a look at nasdaq with a gain of half a percentage point. 10-year treasury yield up or down, the yield is down, slightly. 372 is the actual yield right now. the price of oil, hovering still around $70 a barrel. you're at $69.65. bitcoin action there holding at $30,000 per coin. so that rally is holding into this week. that is the markets on a monday morning and now this, it is not over. the insurgency prigozhin

launched 72 hours ago may have been stopped but the changes to russia are profound. putin is no longer all power and feel hasn't been seen in public since make ago brief tense appearance on saturday calling prigozhin a traitor. didn't look good when moscow barricaded itself against mutonnous troops and losing power to intimidate. what happens to dictators when their power slips away? putin can't be happy to see this, prigozhin's m mutonnous fighters being cheered in the streets. he hasn't been seen for two days and started out as putin's chef and now maybe needs a food taster if putin comes after him. if putin and russia are the losers here, surely ukraine has the chance to win. by winning, i mean pushing russian troops out of ukrainian territory they invaded 16 months ago. the russian army is de-moralized, zelensky's army is eager to do battle and they have the weapons and ammunition they

need. no predictions here, this is still evolving. of course there's concern about russia's nukes and worry about what a dictator does when he's cornered but to see putin lose his power is surely a very positive thing for the whole world. second hour of varney just getting started. stuart: miranda devine joining us this monday morning, thank goodness. all right, miranda, what happens now? >> well, look, a lot of bad pun dents over the weekend and -- pundits over the weekend and the wagner group has bourn the brunt of the battle fighting which would be possibly why they're

being cheered in the streets that you just showed there. people seem to be blood thirsty, joe biden himself blurted this out a while ago. they're blood thirsty for regime change. that hasn't worked out well in iraq or in libya or elsewhere so i think people should cool their jet as little bit. stuart: i'm surprised to hear you say this, miranda, isn't this a opportunity for ukrainians to win? again, by winning i mean push the russians out of territory they invaded 16 months ago. what's wrong with that? >> sure. if that's the limited definition of the war that we're look at, fine. that's all anyone ever wanted. i think the problem is the scope creep from the most warmongering members of congress and pundits outside who were the same people

cheering on regime change in the middle east. i think their record is very bad. stuart: okay. all right. i'll move onto your op ed. historic whistle blower testimony and snares, hunter and joe biden in bribery scheme. that's your op ed. we should be enraged but after his testimony our justice system let hunter basically walk away. that's what you're saying. should we be enraged at this? >> well, i mean of course. the obstruction and the interference by the department of justice in the hunter biden investigation. when you read chapter and verse what these very incredible two irs whistle blowers have told us in their testimony to the house that was released last week, it really is enraging. it's so dishonest. we had the attorney general merrick garland assuring us under oath a number of times that the u.s. attorney in delaware, david wise, had full

authority -- david win back-to-backs had full authority and -- david win back-to-backs had full authority and that wasn't true. they were not charging in the state withs the mayor offenses and other aspects of the bribery and corruption that are outlined in the laptop and elsewhere. they potentially endanger the national security and the fbi and line abouts were concerned about and irs criminal investigation units were concerned about and none of it has been addressed and that's because of this corruption within the department of justice and the highering along the fbi that tipped off hunter biden's lawyers when they wanted search warrants on his storage unit not allowing a search warrant of the cottage on joe biden's process

where he was living. this is extraordinary to be laid bare -- you could only call it corruption within the department of justice and it's all to protect an election, to ensure that joe biden won the 2020 election. we've seen this before. i think the american people demand some sort of accountability. stuart: see if we get it. good stuff, miranda devine, as usual, see you again soon. speaker mccarthy threatening impeachment for attorney general merrick garland. take me through this. lauren: this is about that text message where hunter biden allegedly threatened a chinese official with joe biden's power an irs whistle blower testified that hunter biden got a plea deal and they wanted to bring charges in dc and was denied. the question is why? here's house speaker kevin mccarthy on "fox & friends" earlier. >> yesterday i laid out very

clearly by july 6 because of the allegations from the irs, because of the whistle blowers and the doj -- garland, what he's saying and what david win back-to-backs a -- david wise ae saying privately are two different things and we'll start impeachment charges on the attorney general. lauren: he's open to impeachmentment of ag garland if the facts of the investigation lead them there. stuart: i wonder if the country wants another impeachment. lauren: there's a lot of impeachment talk and kevin mccarthy is saying don't go there for the president yet. stuart: former speaker pelosi and husband paul made a big investment in big tech. what did they buy? lauren: apple, which hit an all time high today and microsoft. this is what they bought, 5,000 shares each of each company. so 5,000 shares for nancy pelosi and ad ditto for her husband pa.

total $2.6 million taken together. they were purchased last week right before call options expired. stuart: i don't have a problem as long as we know what they've invested in and when. >> yeah, transparency. stuart: you've just bought that, i want to know about it and i'll make the judgment. they should be able to do that. we better check those markets, right, ash? i see green now, especially for the nasdaq, which is up 70 points, half a percentage point. ryan payne with us this morning to look at the market. are you comparing the market now with the aaron rodgers and roar? >> as provocative as it sounds, stuart, i am. stuart: are we going to the races in a huge rally? >> we are. first off, remember -- stuart: welcome to the show. >> glad to be here. i begged to be here for the top of the hour but they wouldn't do it. everyone is talking about a recession, which hasn't -- it's like waiting for goodell, won't show up. if anything this year, i'd argue

not only are we not going to recession but gdp growth will accelerate in one of the biggest cad lists will be we'll have a -- catalysts will be we'll have a super psychoand will huge boom no one is talking about. three acts were passed, infrastructure act passed and chips act and this inflation reduction act, which is oxymoron, but that's $2 trillion worth of spending to re-sure manufacturing here for evs, solar equipment, just into that semiconductors and starting to manufacture here and this year alone, you'll have $500 billion worth of construction manufacturing in the u.s.. there's a huge manufacturing boom co coming and it'll have a huge impact on the u.s. economy. >> the market looks six, nine months down the road and see this huge boom coming six, nine months down the road and expect to see a stock market rally in

the very immediate future. >> i warned you about the big melt we've had and we've had it and the question s right, at this points in the paint do we take a breather and go down from here? i'd argue, yes, that's a huge catalyst for earnings and earnings will start reaccelerating and that's started happening. we're at the bottom of the earning cycle right now, that's double digit earnings next year and even going out to 2025, but we could also see positive earnings growth that year as well so no recession, earnings going up, that's a catalyst for a continueable market. stuart: keep putting money in stocks, that's your message? >> it's the right decision, stuart, but diversify. >> fair enough. but stocks are the place to be? >> 100%. putting my money into a treasury. i told you it'd be wrong with all respect. stuart: not wrong but a 5% and tax break on the side and absolute safety. >> when the market is up almost 20%. stuart: i was waiting for you to tell me the market was going up. >> i begged and pleaded with you, stuart. maybe this time it'll be

different. stuart: i absolutely hope you're right. ryan payne, thank you for joining us. should have put him at the top of the show with a forecast like that. lauren is looking at movers. carnival, have we worked it out? lauren: yes, higher prices, very strong demand, full capacity plus for the third quarter and full year as well as -- full year of 2024 but their profit forecast because of expenses for this current quarter this week despite all that good news, stock is down seven and two-thirds percent. stuart: ouch. lucid has a supply deal. lauren: lucid up 13% and supply deal with the british car maker and gives them a 3.7% stake in aston martin and makes aston martin more relevant in 2023. a hookup with an ev supplier.

stuart: i saw an aston martin parked outside a restaurant the other day and there was a crowd around it looking at it. it's a beautiful car. ashley: fantastic car. lauren: on a match different level, i was near a rivian with my cousin the other day and we got a lot of looks. stuart: you were driving around in a rivian? lauren: no, i was not driving it. i was not driving it but in one. stuart: rave i can't imagine is a good looking car. rivian is a good looking car. lauren: i don't like getting all that attention. stuart: you liked it. u.s. coast guard launched investigation into deadly tourist subimplosion and lead investigator said they may p pursue criminal sanctions. putin issued first statement since this weekend's mutiny and made no mention of the rebellion against him and antony blinken said the cracks in the regime are real and kt mcfarland takes that on, next.

your wyndham is waiting... to help you check things off your bucket list... ...and his. with 24 trusted brands by wyndham to choose from, your wyndham is waiting. get the lowest price at wyndhamhotels.com with a majority of my patience with sensitivity, i see irritated gums and weak enamel. sensodyne sensitivity gum & enamel relieves sensitivity, helps restore gum health, and rehardens enamel. i'm a big advocate of recommending things that i know work.

back in the day, sneaker drops meant getting online to wait in line. now with xfinity mobile...

...we get the fastest mobile service and can get the freshest kicks asap. i got this. save hundreds a year over t-mobile, at&t and verizon with the best price for two lines of unlimited. nice job, little sis! they grow up so fast... i'm a fan. from xfinity.

stuart: not much on the markets this morning. quite a few changes and the dow is up 20 and nasdaq up 76 and solid gain there and small gain with s&p 12 points higher. russia's foreign minister met with the chinese officials in the wake of the rebellion. edward lawrence at the white house. do we know what the mading was all about or what was said? >> instability. russia wanted to assure china everything was okay. the chinese released a statement saying they supported russia

securing internal security and calling russia again a strategic partner and experts on china say what happens in russia doesn't always stay in russia. listen. >> because china and russia are the no limit partnerships, whatever shakes russia shakes china and this coalition ovrussia and china that looked forbidable and unshakey on friday, now they're saying putin is stronger now than ever before, that's just ridiculous. >> the coup attempt came as a surprise to officials in the biden administration and there was bed blood growing between the wagner group and yevgeny prigozhin and never thought it would rise to a coup. the first threat to the russian president in 23 years. wagner chief blames the russian military for kill ago large number of mercenaries and quickly occupied two cities in russia. those cities used as staging areas for an invasion. wagner group chief prigozhin

easily marched towards mas cow and he was almost there and -- moscow and was almost there and turned around in an agreement to avoid bloodshed. condoleezza rice said this shows weakness in russia. >> dictators, aauthoritarians rest on three principles. one is there has to be fear in the population. secondly you have to look invincible. third, there can be no alternatives. well, this is exploded all of this for putin. >> president biden spoke to ukrainian president zelensky about all these other world leaders in the g7. back to you. stuart: thank you very much indeed. we need a foreign policy expert and unfortunately -- fortunately we have one named kt mcfarland and she joins us now. kt, is there a chance here that ukraine could win and by win push russian troops out of territory they've occupied for the last 16 months? >> i suppose.

i think it's a long shot. i don't think that ukraine will dislodge russia from crimea for example, but they could gain in their spring offensive and a lot depends on what the wagner group does and the only effective russian fighting force in ukraine and going out of belarus and with so many unknowns and i do think everybody's right. putin looks weak but can he turn this to his advantage and i can spin out of their scenarios and it's the expert and take in a position of weakness and figure out how to make it a position of strength. maybe he could set up the wagner group, the russian military as scapegoats for the war in ukraine and everybody realizes including the russian people not going well. it's way too soon to tell. there'll be so many more moves and jigs and jags in this very complicated situation. stuart: kt listen to antony

blinken and what he's saying about cracks in putin's authority. roll tape, please. >> the rising storm of prigozhin inside of russia is something that many people have seen over months now with direct challenges to the military leadership and powerful criticism of russia's conduct of aggression against ukraine and now questioning the very premises of the war. stuart: kt, he doesn't want to talk about regime change but implicit is all the possibility that putin is on the way out and do you think that'll happen? >> i do think that's possible but my guess is prigozhin is no dope. he was making a march on moscow and whether it was a military or the mercenaries on the way to moscow and maybe someone behind the kremlin doors thought prigozhin would join him if they could topple putin and one thing, when you don't know the

answer to these things and don't know which signals, it's yewsful to go back to -- useful to go back in russian history and going back to the russian czars and the people never tolerate a leader perceived as weak abroad or back weak at home and now perceived as weak abroad because of a potential coup? i think the second part of russian history is even going back to lennon saying if you have problems at home, always distract your people by creating a crisis or a problem abroad. maybe putin is looking to ramp up their efforts in ukraine. as bad as it's been and ruthful and brutal as the russian forces have been in ukraine, they could go further. they could actually target civilian target -- hospitals, schools, civilian targets and they're they could do to ukraine what they did to the area years

ago. they don't happen with the military having a popular up rising and russian leaders are preplaced but usually replaced behind closed doors and you don't know what's going on and all you see is when the new leader comes out on l balcony. stuart: are you waiting for that moment? >> yes. but on the other hand, weak leaders are never replaced by kumbaya peace mix and all the adversaries and weak leaders are always replaced by leereds even more ruthless and strong leereds and that's how putin came to power minutes he toppled him and

in comes putin as a strong leader. stuart: thank you, kt. always appreciated it. thank you. >> my pleasure. stuart: we're going to do one of the changes of souct and this is a dramatic change of subject. there is, we're told, a surge of packages coming to this country from china. ashley, welcome back to new york. ashley: thank you, all about duty free lack of taxes and people ordering a lot of stuff from china. under the current u.s. law, most imports valued at less than $800 come in duty free into the united states as long as they're packaged and addressed to individual buyers and now efforts to lower the threshold amount or exclude certain countries all together from duty free status are set to become a major trade fight in congress. now, congress raised the threshold from $200 to $800 in 2016. the volume of duty free packages has jumped from about

220 million that year to $771 million in 2021 with china accounting for 60% of that. robert lighthouse, he was the former u.s. trade rep during the trump administration and he's urging congress to drop the role all together or lower the threshold from $50 to $100 and put up to $800 duty free and packages come raining down. stuart: fascinating. that's an original story i've not heard before. good stuff, thanks, ash. ashley: sure. stuart: looking at courthouse parking lot that's been turned into a homeless encampment and been funded by the taxpayers of california and lucky people. we have the story. there was an anomaly. >> fourth largest economy in the world and that's all the rhetoric and no, ma'am nows.

stuart: matt polumbo is coming on the show next after digging into the numbers saying they're flat wrong. ♪ 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. and a dedicated trade desk of expert-level support. that will push you to be even better. and just might change how you trade—forever.

because once you experience thinkorswim® by td ameritrade ♪ there's no going back.

turned negative and down 17 points now and nasdaq holding onto small gain, 6 opponents up. mixed market this morning. lauren has the movers and i see -- c3ai has been down for a long time and up today. lauren: yeah, down five dais, finally hi higher and web bush n ives said the company is at the center of this ai gold rush and as of $800 billion opportunity for this specific stock in a decade. stuart: he's got power. lauren: c3ai guy straight up and

gone up 200%. stuart: h hes likes it. dan ives likes it. uber. lauren: up 44.79 and bernstein says they're going to a 50 and stock hit a new high and uber is named top pick for bernstein. they're rolling out uber for teens and it's been very popular where it is launched and they're continuing to launch in other cities and states. home depot, what are they doing? they'll be 85% battery operated by 2028 and the stock is up 1%. oh, no, they're coming after our lawn which i am the too and thed he was very, very happy with this decision by home depot. ashley: going to be very quiet in my neighborhood. the bane of my life is leaf blowers. stuart: you live in florida. what do you know about leaf blowers in florida? lauren: he doesn't like to sit down and drink his beer or listen to it. stuart: i'm dreading the day when they make me use an

electric chain saw. not going to happen. this is for your too. sonoma county, california, is famous for the wine but they've got a big new problem. what is it? lauren: it's not a few problem but the homelessness and the newness is it's gotten so bad the sonoma county board of supervisors approved an encampment at the courthouse and used to be called the mud pit and so dirty and now it's more formalized if you can imagine. they're managing with 24/7 security, max out at 100 people, but this is the result of the homeless crisis in the state of california leading to a shelter crisis. they got nowhere to go, no one is helping them in the ways they need to be helped and people are sick of looking at mud pits that need helped. stuart: it's a beautiful country. wine country. lauren: very nice where people go on vacation. stuart: they've got that problem too. then this too, california's

governor, gavin newsom, he had bold claims about california's population laws in his interview with sean hannity. watch this. >> we're on our way to be the fourth largest economy in the world. this belies all the rhetoric. >> but the migration numbers don't belie that? >> they were no, ma'am n -- nominal in the last few weeks. >> something is not working right in those states, mississippi, louisiana, west virginia, they all had higher population loss. stuart: matt palumbo looking into some of the statistics that newsom was claiming there. matt palumbo joins us this morning. matt, he says -- newsom says mississippi, louisiana, and west virginia had higher population loss than california. is he right? >> obviously not. california leads the nation in population loss. it's followed by new york, illinois, all blue states and he cherry picked a few red states s that did lose population and

kind of the kicker is i added up every single red state that lost population and combined they lost less than california. it's not as big of a percentage decline but that's really all he can say and if you look nationally of the 10 states that add the most population, nine voted for tram and look at ten that lost the most, nine voted for biden. the overall trend is clear, he is cherry picking the exceptions to the rule. stuart: you're saying that the movement opportunistic people, the exit of the leading states, that was a factor in the election? >> i just mean, it's showing where people are choosing policies and an estimate from 2015 that every single day, it was a thousand people on net basis move from blue to red states and that was really before this political migration took off. heritage foundation calculated it back then and love to see him do updated number and way, way higher by now. stuart: reason for the migration is taxes and form of government? >> pretty much. number one thing people leave in california is a state with no

income tax and primarily texas. stuart: that's understandable. another claim from newsom, per capita. more florideans move to california than californians moving to florida. >> overall, 13,000 more and last year went from california to florida and per capita it's sort of a wash and nets out to zero but that's cause as i said earlier, the californians are disproportionately going to california and they're picking other red states beside florida and they're getting a lot of republic and a lot of people leaving the red states that they mentioned earlier and they're going to other red states such as florida. it's like people leaving blue states are mostly going red and people leaving red states are going red and last week it was report in the la times that 40%

of californians are considering leaving the state. now obviously they're not all going to go through with it but it's a pretty big pool of people that want to jump ship and he's down playing that. stuart: he's not declared yet but how do you run for presidency when people are leaving your state and have a homeless problem and drug problem and highest poverty rate in the country and how can this man expect or suggest he'll be the president? >> that that is the mystery of -- stuart: what? lauren: energy. look at president biden falling asleep all the time and look at governor gavin newsom. he's got the energy. stuart: okay. >> he's ruined california. the big question with all the liberal governors is how do you get elected in the first place let alone running for president. just in chicago, they got rid of lightfoot and somehow picked someone worse. they're very bad at picking leaders. stuart: very true. matt palumbo, thank you very being here and see you very soon. some 2024 gop candidate say they're not going to sign the

roc pledge to back the eventual nominee. what's the problem? ashley: former texas rep will herd said he's not going to sign the republican national committee pledge to support the eventual 2024 nominee making him just the latest trump critic to say, sorry, bad idea. rnc said in february any candidate that wants to take part in the first debate has to sign a pledge to support the eventual nominee and rnc chair mcdaniel called the requirement no brainer and goi primary candidate -- gop primary candidate call it a useless idea and slams tram and ron desantis to support the national nominee calling it absolutely irresponsible and rnc saying it still is a debate requirement but if so many are mott taking the pledge, how many people left are they going to debate. the hand may be forced.

stuart: the campaign trail laying out his new biden economics plan and will report. >> massive air travel delays and grady trimble has the full story, next. ♪

stuart: now it's all red. for a moment, we had it all in green, now it's all red request the dow down 88 and nasdaq down 13 ask s&p down 6. changeable market today. in 1990, new jersey resident tom stukka paid $290,000 for a lifetime pass on united airline to go wherever he pleased, whenever he wanted to.

ashley. i guess he got his money's worth. ashley: did he ever. he traveled if million miles. that's more miles -- 23 million miles and that's more in the air than any individual traveler in history and he has no plans of stopping flying. he calls the $290,000 ticket the best investment of his life. he's been to over 100 countries used unlimited united pass and shares the wealth with his wife and she's gone on 120 honeymoons and his favorite seat is 1b up in front and earned unimaginable amount of miles. he can then by the way sell, trade, or auction along with the perks of staying at luxury hotels, exclusive meals, high end restaurants, and week-long cruises and if he paid for all this by himself, would have cost in excess of $3 million. for $290,000 and if you think united is up set how he's used his ticket, think again to show their appreciation. the airline put his name on two of their planes and they asked

him to design a new menu. he said it's the greatest thing he's ever done. stuart: and he gets points, frequent flier points. can you imagine? to me this guy. thanks issue ash. we could see a lot more flight cancellations and delays this summer and audit reveals most air traffic control towers are severely understaffed and grady primable with us and faa doing anything about this, grady? >> no, stu. according to this new report from the transportation department. to give you a sense of how bad the understaffing is with air traffic controllers across the country, the audit found 77% of critical air traffic controllers are critical and understaffed and worse, it finds that the faa has no plan to address these problems and a industry group that represents the airlines,

airlines for america, says the faa is on the precipice of being overwhelmed if it is not already there. pete buttigieg is also warning flies to buckle up for delays and cancellations this summer for another reason, the rollout of 5g cell service close to airports and the deadline is set for july 1. later this week and a busy holiday travel weekend and already pushed back once because the signal on that cell service could interfere with equipment on certain planes. so the airlines have been worked to retrofit planes with the updated technology, still, about 20% of domestic planes need the new tech or they won't be allowed to fly when visibility is bad. secretary buttigieg says this could be the biggest problem causing delay and cancellations this summer, and the airlines add that supply chain issues have slowed them down in terms

of retrofitting planes and nevertheless thanks to careful planning, airlines for america carriers are confident in their anl to maintain the integrity of their schedules despite the impending deadline. we mentioned the busy fourth of july holiday travel weekend coming up and triple a out with new estimates today and, stu, they say that more people will fly this fourth of july than ever before for the first time more than 4 million americans will get on an airplane this independence day. stu. stuart: watch out. doesn't sound good to me. grady trimble. that was a wonderful report and i didn't like the sound of it. thanks very much, grady. you're all right u lad. now this, the law in new jersey is that teachers are not allowed to tell parent ifs their child wants to change their gender identity. the parents object, they want to be told. the case could go to the supreme court and we have that story for you. weight loss drugs ozempic and

weegovy could soon come in pill form and dr. marc cy seek siegl- dr. marc siegle telling us when they could hit the market, that's next. ♪ ♪ tourists tourists that turn into scientists. tourist taking photos that are analyzed by ai. so researchers can help life underwater flourish. ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. your brain is an amazing thing. but as you get older, it naturally begins to change,

causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. at stores everywhere without a prescription.

we moved out of the city so our little sophie could appreciate nature. but then he got us t-mobile home internet. i was just trying to improve our signal, so some of the trees had to go. i might've taken it a step too far. (chainsaw revs) (tree crashes) (chainsaw continues) (daughter screams) let's pretend for a second that you didn't let down your entire family. what would that reality look like? well i guess i would've gotten us xfinity... and we'd have a better view.

do you need mulch? what, we have a ton of mulch. so... i know you and george were struggling with the possibility of having to move.al ton. how's that going? we found a way to make bathing safer with a kohler walk-in bath. a kohler walk-in bath provides a secure, spa-like bathing experience in the comfort of your own home. a kohler walk-in bath has one of the lowest step-ins of any walk-in bath for easy entry and exit. it features textured surfaces, convenient handrails for more stability, and a wide door for easier mobility. kohler® walk-in baths include two hydrotherapies— whirlpool jets and our patented bubblemassage™ to help soothe sore muscles in your feet, legs, and back. a kohler-certified installer will install everything quickly and conveniently in as little as a day. they made us feel completely comfortable in our home. and, yes, it's affordable. i wish we would have looked into it sooner. think i might look into one myself. stay in the home and life you've built for years to come. call... to receive 50% off installation of your kohler® walk-in bath.

and take advantage of our on interest for 12 months financing. stuart: the dow is down 40, the nasdaq is up 30. no clear trend this morning and i we might get a positive reaction to the events in russia but, no, there's a market all over the place. cryptos, take a look at that and that's yours truly action is this morning. we've got bitcoin holding onto 33,300 and ethereum at $1800. they're down a bit this morning but the recent rally is pretty much holding in cryptos. then we've got a few study and i like the sound of this. i don't like the sound of it. new study links onset of alzheimers to covid. dr. siegle is with us this morning. all right, marc, what do we know about this? >> this is our weekly alzheimers segment and not only because you're worried about it but

there's a lot of information coming out. after covid, it's part of long covid we're seeing worsening of all neurodegenerative diseases, parkinsons, alzheimers, dementia and i've ta talked to the doctot head of neurological diseases and he said it's the re-scepters in the brain and elsewhere where the virus invades. when you invade those receptors, it interferes with neurons -- the brain cell's ability to communicate. that's one thing. another part is that proteins from the virus get into the brain and cause inflammation and that inflammation leads to worsening of these underlying diseases like alzheimers and no question about this that this is the case. this is something that's been largely overlooked and it's not causing alzheimers but it's worsening people that have the condition. stuart: doctor, pill version of

ozempic-like drugs are set to arrive. when? >> stuart, this is a huge business story and we're talking about a market that may reach $100 billion and the three bigger players lily and pfizer are already involved and n novonortis makes wegovy and the pill that's out doesn't work well to lose weight. it interacts with every other drug you have to take. have to take on empty stomach and to answer the next question you're about to ask, nvo has a pill that's tolerated they'll ask the fda approval this year and they're expecting it in the european union and here on the market by the end of this year. pfizer has another one bringing up the rear but a fast horse that may make it too. third one, lily. lily has a drug in the market

and lily makes mongerno that is already a big player. listen to this, these drugs already cause you to lose about 20% of your body weight over a year by studies, a little more than a year. the pills look like they do the same thing but for people that are needle folk ick or people that -- phobic or don't like the injector or don't know how to use them, the pill will be a huge market stuart. stuart: two fast questions, number one, will we need a prescription to get these ozempic-like drugs and number two, are we absolutely sure there are no really nasty side effects? >> great question. number one, prescription for sure. prescription only and any doctor will be able to do it. side effects short term, except for nausea and vomiting and we're still monitoring this ons bowls and brains and people's moods but for a lot of people, it's a game changer and last point i want to make is i don't

want everybody on this but i'd rather take a pill tan have to go to bowl surgery to do bariatric surgery for people that idant do it with lifestyle alone, this is very, very good arrow to have in my quiver. stuart: fascinating stuff, dr. siegle, thank you for being here. see you soon. >> thank you. stuart: still ahead, steve forbes on biden's second investing in america tour. deanless talking about new jersey suing school districts for keeping parents uninformed about their children. bitcoin foundation chair brought this on the crypto rally. the democrats keep saying the rich should pay their fair share. what is a fair share? they never say. it's always more than you're making now because the left wants more of your money so they can buy votes. that's my take and it's next. ♪

...

>> it's just a weird situation and there's still a lot of unanswered questions so i'm not one that's saying boy, putin really had a big victory here. i don't know what he had. i just don't think we can figure that out quite