>> polls that show that people are less interested in each subsequent indictment. the interest diminishes and that's what we're seeing. >> that's a indictment every month practically speaking over the last five months. all bets are off to whether president trump next year will be free to campaign. i don't know what's going to happen, and i think responsible officials in the various states

in congress and such need to take action. >> this is totally politically motivated. biden has got a sweet heart deal and trump has got blow after blow after blow. this is a rule of law election, we're not going to stand for it. >> we cannot stop spending, stuart. it's going to come to fruition and probably never have a default and technical default and we're in trouble. if the chinese economy is slowing and experts with less global growth. stuart: all right, syrinx ed sheeran. i like that guy. i think he's got a good voice. my grandchildren like him. he's english. there you go. good morning, everyone. it's 11:00 eastern time and it is tuesday, august 15th. momentos day. check the markets. that's a selloff. dow's down 300 and nasdaq down 115.

trouble in china and fitch is taking another look at the banks. doesn't go down well with investors. show me big tech, please. pretty much down across the board. i see no green there at all. microsoft, apple, meta, alphabet, amazon on the downside. where's the yield on 10 year treasury? probably going up a little bit. down a fraction now but you're at 418, that's an elevated level. now this, in light of the latest trump indictment, i'm inclined to question this article in the new york times. "the biden trump rematch that nobody wants. wants". really? that appeared before the georgia indictment and we found out the georgia prosecutor is rushing to court deliberately crowding out trump's ability to mount his presidential campaign. i suspect there'll be a lot of people that think the whole thing is grossly unfair and will line up behind trump. they may want him to be the

candidate now because they want someone to beat biden and show his illegal election interference is just not right. nothing has changed on biden's side. in fact, the complaints against him have intensified. his nonresponse to the tragedy in maui has not gone down well. he seems out of touch, tired, fragile. on friday, he's off to lake tahoe for another week's vacation. the investigation of the biden family, that family fortune, it gets closer and closer to the president. are there no democrats just a little concerned that $20 million flowed to family members from foreign oligarchs? biden is not rallying support. the democrats are furiously scheming to get either joe or kamala or both out before the end of the year. the biden trump rematch that nobody wants. things may just have changed when an aging corrupt president puts his thumb on the political scales. maybe they'll just want a rematch. third hour of varney starts

right now. stuart: jimmy failla with us this tuesday morning. >> hi. lauren: wishful thinking on wednesday. stuart: i think that trump is going to gain ground with this latest indictment. what say you? >> oh, if history is any indicator, he absolutely will. people try to attribute this and make it a commentary on the trump supporter like these people are nuts, they're in a cult. it's not that. what you're seeing here is people have lost so much faith in the integrity of the doj that everyone one of these trump indictments hardens his support because the weaponization of justice becomes more brazen. okay, people have a long memory. they saw the doj, the intel community interfere in the 2020 election when they killed hunter biden laptop story. they've manufactured such a hysteria around the idea of donald trump that in their world view, any action that might take

to stop him seems justified. but to the average person, this absolutely reads like a political persecution mainly because everything he's being indicted for, he could have been indicted for a year or twoing a. which means the timing to have is a little off. take it from a guy that bought a rolex in time square for $5. bad timing will due you in, stu. it's doing in these persian cushions. stuart: i just -- persecutions. stuart: i see four trials stretching out next year. he's got to be in court for at least a week or two weeks. >> it's the mueller probe, stuart. the process is the punishment. they don't need to convict him. they need to hamstring in this way in the runup to an election. it'll inhibit his ability to campaign, stretch his money. okay. and trump is really go that be up against it. he's not as fortunate as joe biden who has the best work/life balance i've ever seen. we're always talking about self-care. does anyone do a better job of self-care than biden. every time i see him he's got his shirt off or on a bicycle. i got to get that gig.

i don't have that gig. stuart: that was a good riff. move on. toe another matchup, elon musk says -- he said last night i think, i'm going to show up at mark zuckerberg's house to fight. well, zuckerberg previously said he was moving on and he said i'm not at home. i'm not at home so don't come over. it's getting absurd, jimmy. >> they're not going to fight. they're now competing to look like who want it is more. it's all posturing. i was the tough guy. at their core and this is important, stu, because i know a lot about fighting not just because i paid to get beat up on craig's list, that's a whole nother story, stick with me, they're tech nerds and they don't want to fight because it's not what they do. they're brilliant, they're billionaires but were this fight to happen, it would be the worst thing you've ever watched. it would be terrible. one would cry and i think zuckerberg is a robot and can be unplugged, but elon is a fat pot head. he's not a fighter but he's a nice guy.

i don't want to watch this fight. they charge you to get out. stuart: hold on, mike murphy is with me this morning. how does this look when two big time guys, billionaires in the tech industry, go for this mach fighting, this f is cry. doesn't this bring down business? >> i don't know. look at jeff bezos. i don't know if jimmy would cal jeff bezos a tech nerd but they've paided and hired the greatest trainers to train them. this is getting people's attention and it's not hurting either one of them if you look at the stock performance. stuart: make i'm old fashioned but i think it's a farce. last word to jimmy fail lay. >> last thing that wouldn't hurt either one of them is the fight. they're lame, they're nerds. this is a nerds night. one could cry and one would run away. nobody wants to watch this. go outside to sixth avenue and there's traffic right now and run through every other lane. there's a fight.

lauren: i think elon musk would put up a good fight. i do. i think zuckerberg has the speed and more of the ability, but i think musk has the left. stuart: it's time we moved on. lauren: well, you asked me. i'm just sitting here in between. not getting involved. stuart: failla, you're all right. lauren, we're done. >> love it. stuart: that's a little harsh. turn to the markets. murph is here. i've got to talk about china and fitch. they seem to be the two main reasons why this market is so far down today, am i right? >> you are. stuart, we were at just about recent highs or close to all time highs and china is starting to weaken, which could be a proxy for the entire global economy that's such a big part of it. i kind of take the other side of that because i think if you told me china's economy was booming and china was so strong and strengthening, is that positive for the u.s. stock markets? stuart: true. >> i'm okay with this. stuart: but you're always invested in. you're always in is to bees.

you don't sell out just like that. you've never done that and never advise to do that. >> nor will i ever and i'm not smart enough to know when to go in or out and pay the tax on that. when to -- stuart: then sometimes you've got to ride it down and that's not easy. >> it's not easy, it's better when it goes up than down for sure but again, i'll say over the last 100 years, three out of every four years you're riding up instead of riding down. the biggest mistake investors make and one of the reasons i'm here is to help them avoid that. biggest mistake they make is seeing a headline and saying i'm going to sell now and get back in at a lower price. easy if you can do it and pay your taxes on it, but i think a lot of people get urn bed that way. stuart: i think you're right. mike, stay there please, thanks very much. back to the markets. individual stocks and the movers, amazon is down 1.7%. lauren. lauren: yeah, it's selling off more than the other big tech companies today. rates are rising, but their devices chief, david limp is

out, 13 years with the company and oversees alexa, the echo division, popular but not profitable devices. anyway, he's retiring and that's where a lot of layoffs at amazon have been in his division. stuart: mike, another executive out after the takeover. is that a bad sign? sign of a complete change for the company? >> i don't think so? look at the move in amazon stock. after a major selloff, they've had a big rally here. he's kind of trying to make the company a bit more in his image, which is fine. if you're not in line, you're going to be replaced but that's fine. what amazon is doing right now is very strong move. can get a lot stronger. stuart: show me lift, please. ride sharing folks, i know it's up. lauren: nice gain. stuart: 4% and i think i know why. lauren: ceo bought 100,000 shares around $11 each, sign of confidence in the stock and stock goes up. stuart: okay, ford. lauren: did the ceo, mr. jim farly listen to your interview

yesterday with the man that had the ev road trip with the man from h-e-l-l. >> charging -- one of the biggest challenges on the road and i was under impression that charging would be cheaper than gas. but my first shock was that it was way more expensive than gas. lauren: and much more inconvenient and ceo jim farley detailing how tough it was for him to charge the f-150 lightning he was driving in california and nevada. a bit of a reality check. stuart: it was indeed. thank you, lauren. now a small community in michigan got a win against china. they successfully stopped a chinese energy company from buying farmland in their town. but they say the fight is far from over. it's a good story and, yes, we have it. the white house doubles down on insist the president knew nothing about hunter biden's business dealings, roll tape.

>> republicans in congress have tried to do for years. they've been making claims of allegations the president wasn't involved, never discussed these business dealings, and did nothing wrong. stuart: well, congressman russel fry called a special council's investigation a sham. he'll join us later. hillary clinton calls trump's indictment "a terrible moment for our country". but she admits she gets one satisfaction from the case. we'll tell you what that is after this. ♪ ♪ ♪

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stuart: the president just left washington dc and on his way to mill caulk key and he'll troy -- milwaukee and trying to convince voters that his bidenomic plan is working. mike tobin is in milwaukee and the time asking interesting because the first gop debate is in milwaukee next week. reporter: exactly. this is the president's opportunity to get in a pre-buttal if you will. this is on paper his official business but it's going to feel a lot like a campaign stop. the anniversary of the administration showcase bragging point, inflation reduction about is tomorrow. anticipate that the president will bang the drum about that. that's the one thing they have to brag about. even the president has said though, he wished he named it something else because the act has little to do with inflation. it's with the clean energy agenda and the time can go not be ignored and the president is

stopping in milwaukee one week before the fox news republican debate. this speaks volumes to the importance of wisconsin and it is ten electoral votes as a battleground state. he's going to brag about the inflation reduction act as generating some $3 million in private sector investment just in wisconsin, $110 billion across the nation. two subjects the president will try to steer clear of $deliberately hunter biden and donald trump. it'll be up to the reporters to try and press him on those, but it does not look like, stuart, this is one of those events where we'll have access to the president and be able to get in questions. stuart: all right, make, we hear you. thank you indeed. mike tobin. the white house maintains that biden did nothing wrong when it comes to his son, hunter biden's business dealings. watch this. >> they've been making claim and allegations of the president on this run over and over again. month after month, year after

year they've been -- they have been investigating every single angle of this and looking at -- for any evidence to back their allegations. if you ask yourself what we have seen from that, they keep turning up documents and witnesses showing that the president wasn't involved. never discussed these business dealings and did nothing wrong. there's been zero evidence showing otherwise and so that's what we've seen over the past several months and over the past several years. i'll leave it at that. stuart: congressman russel fry joining us again in morning. congressman, the spokesperson there said the president was -- didn't do anything wrong, didn't discuss business, wasn't involved in business. what do you make of that? >> well, i love the moving goal post this administration continues to peddle. for years they said he had nothing, had no conversations, knew nothing and didn't talk to his son, that he wasn't involved, never met with any of the business folks and now we

have witnesses. these aren't republicans, devon archer certainly isn't one. they've come forward and they've blown the whistle so-to-speak on this. i'm not surprised to continue to hear the administration dodge these questions. the press owe it to the american people to ask the serious questions, but the moving goal post is something to snicker at and laugh about. it's really serious business what is going on in the country and particularly these investigations. stuart: we now have the fourth indictment of former president trump in five months. is -- that's kind of sucked all the oxygen out of political coverage, certainly for today and for some time to come. is it going to overshadow the hunter investigation? >> i think if you are the mainstream media or you're the dnc, you've certainly hoped that it does. i think if you look at the timing, particularly on some of these indictments when they've dropped, it is very suspicious to me that every time that

something happens, some earth shattering ground breaking testimony is revealed that a new indictment comes out within 24-48 hours and i think the mainstream media and the democrats certainly want to keep the trump stuff at forefront and the american people are smart enough to realize what's going on but that's their octoberive, stuart. stuart: can you get -- objective. stuart: can you get what you need and have the distraction of all the trump indictments and you have the selection of special council, david wise, who could act as a protecter and kind of isolate the congressional investigation so you can't get anywhere. you could be kept quiet like that. >> look, we're going to continue our work in the committee. if you look at what we've done in six months, it's par more than the law enforcement agencies that were supposed to enforce the law. they've done it in six years so whatever hurdles we've got to dorks we're going to keep digging the american people expect nothing less, and the administration, you know, continues with the most recent

appointment of david wise, who i have zero faith in. they continue to do things to put this off. they've run the foul on the statute of limitations and won't allow the investigators to investigate certain witnesses so this is just another day in biden's america, but we're going to keep doing our work, the american people deserve that and they need to know the truth. stuart: are you going to subpoena family members? >> i think the chairman comer has signaled that and we've finally at that place where we can and so i look forward to seeing them come forward and look forward to their bank records. if you look back, there's 20 l.l.c.,s and a lot of money goes to members of the biden family. let's pull them in. stuart: what you're looking for is bank accounts showing a direct flow of money to the president himself. is that the main objective here? >> i think that's the objective at the end of the day is what we want to cement i think the president can be very transparent and bury this whole thing if he releases his own bank records. for years he hasn't done that.

we're continuing to look at these, we're subpoenaing bank records constantly finding out more information and more witness testimony coming forward. we're going to keep dolling our job and -- doing our job and i'm thankful at least the work we've done and had it not been for the oversight committee, the ways and means committee and irs economist l blowers that came -- whistle blowers that came forward, i don't think the plea deal for hunter biden would have stopped and it would have sailed on through. we'll keep doing what we have to do and the constitution requires it and the american people deserve it. stuart: congressman russel fry, thanks for being with us, sir. see you again real soon. >> thank you, sir. stuart: ashley is back with us this morning. come on in, ashley, i want to know what hillary clinton is saying about trump's indictment. ashley: wouldn't you be interested. well, appearing on msnbc, clinton says the indictments against the former president this year, she says is evidence of the american judicial system at work. take a listen.

>> i don't know that anybody should be satisfied. this is a terrible moment for our country to have a former president accused of these terribly important crimes. the only satisfaction maybe that the system is working, that all of the efforts by donald trump, his allies, and his enablers to try and silence the truth to try and undermine democracy have been brought into the light and justice is being pursued. ashley: okay. mr. pot meet mrs. kettle. clinton had it delayed because of the news out of georgia. the leading first lady or former first lady went onto joke, get this, "just tell me when to show up next time we'll see what he's charged with then, haha". coming from all people, hillary

clinton. i'll leave it there, stu. stuart: i think you should, ash. check the markets, please. a big loss for the dow industrials, up 284 there now. 100 down on the nasdaq and 36 down on the s&p. china's a problem, fitch having another look at banks. that's another problem. let's have a look at target. they do report tomorrow. we could see, could see the first sales decline in four years. people pulling back from pandemic spending and, you know, sales could be hurt by the woke pride displays that created so much controversy. mike murphy, that doesn't look good for the target. the stock is down 16% this year. >> it is, and even worse is that when you look at their competitors: wal-mart and costco, both having nice moves higher to the upside this year. to me this is real simple, stuart. this is a story of their woke agenda working against them. a lot of their customers saying they don't want to be part of the woke bathing suits. stuart: that strong? the backlash is that strong that

it hurts their sales? >> i think you can't overestimate how strong it is. people can go elsewhere and speak with their checkbook and go to costco and wal-mart and they do not. a lot of people, not saying everyone, a lot of people took a stand death sentence target and what they were -- against target and what they were selling. stuart: mike murphy, take a look at this. it's a signed tom brady jersey worn during five winning games and on the auction block. ken golden has it here and he'll show it off for us. china's youth employment hit a record sigh and they stopped releasing data. clearly china's economy is slowing down with consequences for us. that's next. ♪

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rather rainy new york city. that's the statue of liberty. rained this morning and probably again tonight. 77 degrees in the big apple. back to the markets and mike murphy still with me. you like home depot and say they've got room to run? >> home depot came out with earnings, they were good and beat top line revenue and earnings and however they didn't raise guidance. that tells you the back half of the year will be weaker. i think the homeowner, the consumer still going to home depot and they're still people want to go out there and going to buy new homes and fix them up or their existing homes. they did $15 billion stock repurchase. stuart: magic word, $15 billion stock repurchase. you own home depot? >> i do. owned for years. stuart: not likely to get out of it? >> not going to get out. stuart: i understand. dr horton, home builder and warren buffett bought in and stock up 2%. >> i did not own them. home builders are tough and

warren buffett made a wise move here and you look year-to-date and stock had a huge move up. we don't have enough homes in the country to house all of our citizen, legal citizens that is. if companies like dr horton need to expand and go out and build more homes and i think if that continues, you're going to see more movement in the stock price. stuart: got it, thanks very much, mike. one of the big stories we've been talking about today is the downside move and the economic problems in china. bring in china expert lee steinhauer with us. they stopped releasing youth jobless data because it's so bad. is the economy in china in danger of a serious ongoing downward spiral? >> yeah, china right now is in bad shape economically. you touched on a few of the issues. their real estate sector, which is about 30% of their economy, which is a huge component has

been in a downward trend for the last two years at least just this week, one of their biggest property developers country garden is in danger of going under. it's a massive problem and it looks like it's going to continue. youth unemployment last reading was 20% plus youth unemployment and so bad they decided they're no longer going to release data on youth employment and foreign directive investment into china is down and manufacture asking slowing and didn't get a pop like they thought coming out of zero covid policies. it's bad shape for china and geopolitically, it's getting a lot tougher. stuart: now, china's communist party seems to me they've got a deal to stay in power. the chinese communist party maintains political power and says, okay, you give us political power, you keep us as the government, and you the people, you can be prosperous. has that deal now beginning to break, beginning to fray?

>> yeah, that's been the deal explicitly or implicitly for a couple oph of -- of decades ands been a deal with the devil and like all deals with the devil, the devil changes the terms when they're not working and same is true with the chinese communist paparty. they realized they couldn't continue with that level of prosperity they've enjoyed over the last couple of decades and turned china into a surveillance state and put the clamps on their own people and even if the people wanted to change their government, it would be very difficult to do so and i also think xi jinping has stoked nationalism and get new bargaining for taiwan and a geopolitical power. stuart: when autocrats run into power, there's a tendency to lash out. think china will try to invade taiwan because they've got so much trouble at home? last 30 seconds to you. >> yeah, i think that's a

distinct possibility. obviously xi jinping has been clear about his intentions with the great rejuvenation of china and want to take back taiwan and with those plans, it would cassioppi set rate if the economy is -- accelerate and the economy is going south and needs to keep the people engaged. nothing like going to war or going to get taiwan to take people's minds off their dire economic situation, not to mention the democrat graph i thinks and everything else that i recollects -- gelfand data graphics and everything else they're facing and it's a distinct possibility. stuart: lee steinhauer, thank you for your expertise. >> thank you. stuart: china is one big story and fitch is the other. they're a credit rating agencies and take another look at big banks in particular. murphy, are we not over the banking -- i'm not going to call it a crisis but the difficulties? >> i think we are over it. fitch downgraded the banks a couple of monthsing a and saying they may lower their rating one

more time to an a+ from a double a minus and could cause more of a downgrade on the banks. if you look at health of the large u.s. banks, you use jp morgan, biggest one is a proxy. stocks had a huge move. i don't think they have any sort of liquidity concerns there and if they were to receive a downgrade from fit. or anybody else, so be it. temporarily a negative for the stock. but long term i think would have zero impact on what jamie dimon and his team are doing. stuart: the financial impact? >> the selloff, of course. we never expect the markets to go straight up and, yes, you get something like that. it's going to be a temporary negative on the banks sector as a whole and the overall market and then we get past that and we start talking about earning ands start talking about growth and start talking about upside. go higher. stuart: got it, mike murphy, thank you indeed. residents of green charter township in michigan celebrating after chinese-owned firm backed out of buying local farmland and

the company pledges alleges to the chinese communist party and withdrew the offer to purr kasae the land. however, it's moving forward with an ev battery factory with land in that county. that sale was approved in june. all right. now this, hear's what's coming at you, hollywood film makers reportedly made a new offer to striking screen writers. it includes assurances that humans will not be replaced by ai. we have the story. a farmer that lives off the grid in virginia is an overnight singing sensation. oliver anthony's song rich men north of richmond is now at the top of the charts and it's the blue collar anthem and people can't get enough of it. we'll deal with it next. ♪

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stuart: same old story. the market is on the downside across the board. do you have off 250, nasdaq 70 points lower and s&p down 30. now this. hollywood studios reportedly offering writer as new deal to end the strike. come on back, ashley. what is the offer? ashley: yep. could we have a happy ending? the studios offer reportedly includes concessions on issues such as the use of artificial intelligence and, yes, access to viewer data. bloomburg reporting that the alliance of motion picture and television producers has agreed to ensure humans are credited as writers of screen plays instead of replacing them with ai. other parts of the offer reportedly include a better than 20% increase and residual payments to writers when their shows appear on other net works. disney's ceo reportedly helping quite a bit in the negotiations and the writer's union is considering this latest proposal, which is a possible sign of progress as the strike has gone on now for more than

100 days. stu. stuart: thanks very much, got it, ashley. now this. a small town farmer has become an overnight singing sensation. lydia hu has the story. who is this guy, and how did he go from i think off the grid farm guy to top of the charts? how did redo it? >> with a really great song. his name is oliver anthony and he's been writing songs since 2021 and his latest song rich men north of richmond up loaded to youtube one weeking a and it's gained more than 11 million views, rocketed to no. 1 on itunes beating out the likes of taylor swift and jason aldean's try that in a small town. listen to this. ♪ ♪ >> this song is being called a

blue collar anthem. voicing working class frustrations, railing against the washington establishment and, stuart, it carries a economic message. he sings about working hard for not enough pay and you know what, a lot of people feel that way right now because we're navigating at a 40-year high inflation, and prices we know they're still increasing year over year. you can see some of the increases that we have here for you on the screen. shelter for example up 7.7%. over last year's high prices, according to oliver himself, he says people really want to connect over real, every day issues. listen to what he had to say. >> the masterpiece and the emotions of the song can already exist within you. sometimes it just takes the right song coming along to let those out. >> sew we reached out to oliver anthony and wanted to talk to him and get a comment and interview. no word back yet. here's my pitch, oliver, if

you're listening and waching,wood love to sit down and chat with you. phone lines are open. stuart: put him on the show. >> yeah, "varney & co.". stuart: absolutely. thank you, lydia. it's that time. we show you the dow 30, sense of the market. i get the sense there's a lot of selling. i can see six win winners and ls and the dow is off 250. now take a look at this. something rather different. that is a mickey mantle rookie card sign no less. it's on the auction block with the current bid of more than $600,000. ken golden thinks it could sell for a whole lot more than that. ken is here and he'll join me next. if only we had a taylor swift dress that would go for a couple of million. we'll be back with sports memorabilia and ken golden after this. ♪ my relationship with my credit cards wasn't good. i got into debt in college, and no matter how much i paid, it followed me everywhere. the high interest... i felt trapped. debt! debt! debt! debt! so i broke up with my credit card debt

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stuart: before messi got to florida, you could buy a ticket for $81. now they're over $200. sports bars are digging into the craze with messi-themed drinks and disassociated doe core. staying on lionel messi because

he's well known and popular. ken golden has a lionel messi jersey. tell me about it. >> it's a special one from 200 and will the important thing is this -- 2008 and this jersey is from his first ever game in barcelona wearing the no. 106789 this is the -- no. 10. this is the first time dawning the worldwide famous uniform no. it's incredibly special and it's signed on the front by messi, an older signature sign back at the time, and this is part of 100 unique items that's currently on golden.com available in special auction called the golden 100. stuart: you got yourself a nice commercial. tell me how much is the jersey going for? >> oh, god, it's a -- i don't know if it's going to get to $1 million, but it's $100,000+

jersey. it's a nice memorabilia for soccer. soccer is going to get more popular with messi in the united states. stuart: no. 2, a mickey mantle presumably signed card. >> it's not signed and 52 ever tops rookie card and the key here is it's a psa8 near mint to mint. look at card, look at deep colors on the card and it looks like it was pulled out of a pack yesterday. that's why it's so value and will not just the classic mickey mantle card and tough in this condition. it's going to get 1.2 and 1.6 million. stuart: 1.2-1.6 million? >> only 35 in the world in this condition. stuart: okay, getting to number three which is the brady jersey. >> sure. this is a monster jersey. stuart: big or famous?

>> from 2014. this typically brady would wear a jersey in one game. he wore this in five games, they had a five game winning streak on the road to his fourth super bowl victory at that point in part-time to tie the record -- in time to tie the record. it's got a lot of great use and photo matched to all five games, and this already has a bid at $350,000 so we could be looking at three quarters of a million for this jersey. stuart: right. i see some sneakers there. they look very old and they're michael jordan sneakers. >> yes, these are incredibly rare. you can see the old rookie i signature of michael jordan. these are air ships. when jordan was a rookie before they came out with air jordan, his first few games in the nba, he wore the air ships, nike air ships, and these are the nike air ship michael jordans. this pair has been certified to have been worn in game five of the 1984 rookie season making

them the earliest known sneakers ever worn by jersey and there's a potential they were worn in the first ever game. this is definitely a million dollar plus item. stuart: one more. michael jordan relic card. what is a relic card? >> the relic card is the first time they took a piece of his game used jersey, cut it out and put it on a trading card. they made only 23 of them. this one is individually numbered to 23. this is the second highest graded one and it's always amazing that people say how could a trading card go for a million plus and buy the whole jersey for less. this is one of the examples and again, this is probably a 1.3 to 1.6 million card. it started the entire craze. all these expensive -- remember the lebron cards and they sold for $2 million. that wouldn't have existed in 2003 were it not for this card. this was the very first time a company did that. it's a very special card. stuart: i got a quick question about the netflix special.

you've done series one. you've got a separate series coming up? >> yeah, they announced two weeksing a they were renewed -- weeksing a we were renewed for season two. stuart: shows auctions and various memorabilia stuff you've got. >> yeah, the history and collectors and incredible pieces and how we go about getting it and the bisprices that we get for them. stuart: you've been on the show i think 10 or 12 years. you were nowhere near as big as you are now. what's your volume, gross sales volume say this jeer? will you tell us? >> we did over $300 million last year in 2022. stuart: privately owned by ken golden? >> no longer privately owned. we're part of a larger group, in fact the owner of the new york mets steven cohen is the second largest shareholder. stuart: that explain as great deal. mike murphy is here and looking at all the memorabilia stuff and

which would you buy? >> huge jordan fan, huge sneaker fan, air jordan fan and i know a lot about nike airs that michael jordan wore before the air jordans. stuart: don't know beans about soccer so wouldn't go for messi? >> correct. stuart: ken golden, if you could get a taylor swift dress orb something, what do you think would get for it? >> depends when she wore it. if it's from -- look, the only problem with the taylor swift fans is they skew younger and less spendable cash but i would imagine one of her big items will go for hundreds of thousands of dollars. stuart: that's all? these things go for millions and a taylor swift dress goes for a mere hundreds of thousands. >> how many concerts does she perform a year. probably wears 500 different dresses a year. brady plays 16 game as year and if he wears only four jerseys a

year, think about how rare they are. stuart: okay. ken, you can stay for the trivia question, which is now. what is a whale's tail fin called? a pectoral, a fluke, a cortal, a dorsel? the answer from ken g goll din after this's with .. -it's a nail fungus infection. -...that's gross! -it's nothing, really... -it's contagious. you can even spread it to other people. -mom, come here! -don't worry about it. it'll go away on its own! -no, it won't go away on its own. it's an infection. you need a prescription. nail fungus is a contagious infection.

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stuart: we did ask what is a whale's tailfins called, dorsal, fluke? can golden. >> the obvious. dorsal. >> i will go pectoral. with one ashley? ashley: menus win over walls last night. fluke. stuart: i am saying dorsal. show me. it is a fluke. it was a fluke of that you got it, ashley. okay. time is up for "varney and company". stay right there. coast-to-coast starts right now. neil: we are shopping but investors are not buying, despite the fact that retail sales posted their biggest gains since january, the very unexcited the government is entering treasury yields climbing yet no price is falling. i wonder what rich dad poor dad robert carrere psaki makes of that developing?