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♪ ♪. stuart: good morning it is 10:0o straight to the money and show you what the market is doing this monday morning, red ink down 100, down three on the s&p and the nasdaq of 55 points, the ten year treasury just moving up, for 64 right now. and oil about $91 per barrel that is where we are coin at $28000 purple coin this is happening right now, donald trump just arrived at a new york city courthouse, this is the first day of his argument and is to enter $50 million civil fraud he is accused of inflating assets to secure business deals. he just arrived in the courthouse, i'm not sure what he's saying at that point. i'll get the audio later but he just arrived. we have the latest on manufacturing in the ism manufacturing report and ashley has a number.

the number is 49.0, that is better. the estimate was for 47.7, however, that is still in contraction anything above 50 expanding anything below contracting which means that is the 11th straight month now of this particular index being an contraction it's up from 47.6 back in august is a good news bad news better than expected but still below the watermark. stuart: thank you very much indeed. now this. they are politely called the holdouts, the wall street journal calls them, i heard a lot worse than that. matt gaetz, andy biggs, ralph norman and dan bishop rejected every spending plan the speaker mccarthy put forward they blew everything up they force them to get help from the democrats,

water performance and what did they win, nothing. absolutely nothing at all, except to make themselves in the house republican caucus a laughingstock. gaetz said sunday he would introduce a motion to vacate to dump the speaker with the gaetz it is personal he t involved in the ongoing ethics investigation and he believes mccarthy has not supported him. you perished your party and country over personal dispute. mccarthy may need democrat support again to keep the speakership. in this p.m. politics, the democrats demand concessions. in other words the holdouts would've held out and move spending a policy backwards. a. on fox news republican congressman carlos hermanus says gates is joe biden's favorite republican. that says it all. republican chaos at the democrats opportunity to keep on spending taxing and running up the debt a trillion a year, what did you. second hour of "varney" just getting warmed up.

♪ >> speaker mccarthy is brushing off matt gaetz threat. watch this. >> this is personal, matt voted against the most conservative to protect her border, secure our border is more interested in tv interviews than doing something he wanted to push us into a shutdown and threatening his own district with all the military people that would not be paid only because he wants to take this motion, bring it on. stuart: gerry baker is with us is morning. i'm going to mention carlos hermanus porter republican says gaetz is bidens favorite republican. >> absolutely right. everything that you said in your opening is right and what

speaker mccarthy said, what we've got is maga republicans, conservative republicans who want to change the country in a more conservative direction and deal with the massive spending in congress and deal with the cultural revolution that we had taken over the country and there standing up for us. as a result of their actions we end up with a measure the past 45 day continuing resolution that's way more democratic and enjoys democratic resort then republican support it does most of the things that republicans want who was celebrating saint this is a great outcome, chuck schumer and the democrats saying this is good this is sensible policy in the policy that republicans wanted that kevin mccarthy proposed and supported by the vast majority of the republican caucus was much more conservative would cut government spending and secure the border and implemented a long-term fiscal commission to address these problems that we have, who rejected that the

so-called conservative maga republicans is a ridiculous situation it's personal and he is bidens favorite republican because is enabling to get what he wants. >> california gavin newsom has picked laphonza butler to replace dianne feinstein. it looks like identity politics. female, black, gay, not just that, the democratic senator from maryland according to her official residency that's what i was reading last night. by the way do you know where identity politics ends, kamala harris. one of the worst vice president this country has ever had and certainly one of the least popular and least regarded her approval rate is lowest in the country, that is not a controversial statement on my part biden said he would pick someone as vice president will be black, woman of color and in doing that he restricted the number of the choice that he had any pics probably the worst woman of color he could've chosen. when you do that when you make these token estate culture war

decisions like picking 70 on the basis of their identity and ability this is what you end up with. stuart: excellent staff, thank you for being here. donald trump is still speaking, he has arrived at court in new york city where he is on trial for fraud being accused of inflating the value of his business assets. he calls this an attempt to hurt him for the election, he calls it a witch hunt, disgrace trump's says this should've been brought years ago but they waited until his campaign in trump is calling washington corrupt. listening for a moment. >> it is great in a way. we will see her own judge and listen to this man. i think most people get it people are getting it and the voters are getting it because every time they give me a fake indictment i go up in the polls and that's never happened before. this is a disgrace and you want to go after this attorney

general because she is turning off the everybody from coming in. i don't know if you can take a look at the outflow of business. stuart: we're going to walk away for a second. i have news on donald trump he continues to dominate in the polls, let's have a look. we have these polls, he continues to dominate in the polls, governor desantis is being asked if he would play second fiddle and be the vice president would desantis be the vice president for trump, you know more about this, what if they say. >> he said forget about it telling maria bartiromo that he has advantages over donald trump, watch this. >> of president trump came to you and said let's partner up would you be my vp, would you do it. >> no, i'm running for president. we need 70 that can serve two terms and when states like georgia and arizona which president trump cannot do or did not do even though candidates like mccain and romney had no

problem winning the states. we need somebody, i'm the only one running including donald trump. >> your comments come in response to trump's recent job of the presidential candidates say before they lost the debate they were all job candidates, does anybody see the bp in the group, i don't think so, that is donald trump. stuart: the trump campaign sent nikki haley a birdcage, give any explanation for this. >> bazaar, haley says the trump campaign sent a birdcage and bird food to her hotel room. she posted a day after the former president trump called her birdbrain, haley posted a photo of the gifts on acts with a # pathetic try again and you just made my case for me.

funny. last week trump stated birdbrain doesn't have a talent or temperament to do the job, make america great again. haley responded suggesting a sugar campaign's momentum saying love this were in second will be not fast. bring it. it's getting ugly. stuart: i'm moving on, thank you very much, check the market. the dow is down 85, the nasdaq is up 85 points. that is a monday morning action. stocks took a beating in september. i read your stuff and you say it should not be seduced by the negativity, what does that mean. >> don't get seduced by the negativity. it is out right now, if you see how oil prices and higher interest rates and the naysayers that were negative earlier in the year are coming out of the woodwork saying this is the end. the economy is ready to follow for cliff. what i'm saying that is probably not the case.

stuart: what is the case, where we going, seasonality was a headwind. september is a cruel month a very cruel month the s&p was down 5% for the month but now were heading into seasonality looks very, very good in market bottom in october and they culminate with the proverbial santa claus rally once you come into december. there are lining up nicely, 85 shopping days left in the year. consumer start spending. if you look at it right now earnings are going up, the prices have dropped i say black friday has come early on wall street it is the time to buy. stuart: the dollar cost average, you always put a limited amount of money into stocks all the time? is that you? >> if you have an allocation you need to put in stocks, don't wait, get it in don't wait for the perfect moment reading for things to get better, you got the drop in stock should not get a perfectly right but earnings estimates are going up double digit earnings growth next year and prices are cheaper right now

will get them in the market today. >> i feel better about wall street, ryan payne you're alright. see you again soon. the drama surrounding sam bankman-fried started up tomorrow. the trial begins tomorrow when he starts out. >> yes it does. he gets underway in new york city, first up jury selection. it's expected to last around six weeks. sam pigment read is facing federal charges of security fraud and money laundering and the customers of the digital currency exchange ftx and lenders to the crypto currency hedge fund alameda research spf whose personal wealth of one point reach $26 billion and pleaded guilty to all of the charges but if convicted on several of the counts that we come with a maximum sentence of 20 years in prison. it all begins tomorrow. stuart: thank you. now this the migrant crisis in

new york so bad even the governor of new york is admitting the border is to open, her words. >> we want them to have a limit on who can come across the border it is to open there has to be limits in place. stuart: will the president listen to his own party. we are on it. nikki haley against the lack of funding for ukraine of the latest spending bill she wants congress to cut spending and give more to ukraine, christian wyden on that next. ♪ ♪ hi, i'm jason and i've lost 202 pounds on golo. so when i first started golo, i was expecting to lose around 40 pounds and then i just kept losing weight, and moving and moving and moving in a better direction.

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stuart: a mixed picture no real bounce after the whole month of september with a lot of selling. the nasdaq is up 60-point

in cellblock you a procrit line candidate has won the parliamentary election against the candidate a chance to become prime minister. christian wyden former state department official. this divides european further doesn't that pose a real danger to ukraine? >> it is ukraine's position has been deteriorating across eastern europe and antagonizing poland largely through the grain exports flooding to poland because they cannot get out elsewhere. that is losing the support of an important neighboring country victor or bond that runs hungry declined to send in mission military aid to ukraine although he said is condemned russia's invasion. now slovakia joining that creed is the changing picture in eastern europe for ukraine. stuart: what kind of a threat as opposed to ukraine. could they lose whatever losing

means? >> they already sense are lo losing. there was this much counter offensive and that it was pushed to summer. we were told by our military and much of the media that this was going to be the breakthrough that ukraine was going to push through and cut off the russian beachhead that has been formed in eastern ukraine that did not happen and going into winter it is very difficult to fight. one thing slovakia did was send its entire air force to ukraine for the use, that type seems to be going away and of course support among the hearing and the united states is deteriorating. stuart: nikki haley is ripping into congress over the lack of funding for ukraine in the latest spending bill. watch this. >> democrats all of them have been spending taxpayer dollars

at a ridiculous way, they took the budget added more and keep going, the false narrative that we can pay for certain things were ukraine is wrong. stuart: she wants to pay for ukraine and the money to go there but she is increasingly the minority in the republican party is seems to me. >> that's right she's the most outspoken neoconservative candidate, most have recognized first of all the cnn poll 55% don't want were military to go to ukraine. if you look at republicans that climbs well into the high 60s because there is no forward motion repaying a billion dollars per mile as far what got back from russia not even that. to be in that position she is where people in the party a year or a year end a half ago but voters are much more likely to side with people with ron desantis or donald trump who say we should push for quicker into the work.

stuart: a stalemate for a long time to come, would you argue with that? >> no looks like the western front in 1960 and 1970 with both sides doug and going to winter in the entrenched difficult to move lines. >> christian wyden thanks for being with us, we'll see you again soon. a new pool this is extraordinary stuff that shows four in ten want to stop anyone from taking more than four airline flights in their lifetime all in the name of climate change. you better believe we have a story, the media is going crazy over taylor swift and they think she can boost the democrats chances in 2024. joe concha deals with that the swift effect next ♪ ♪

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stuart: donald trump arrived in court for his civil trial before he went into the courtroom that's where he is now he

addressed the cameras and called a witch-hunt and attempt to her in for the election, trump said that should've been brought years ago but they waited until the campaign, as you can see he is in court as of right now that is a new york city more headlines as they become available. for the markets a mixed picture there is no real bounce from last week selling although the nasdaq is up 77 points. california's gavin newsom has picked political organizer laphonza butler to replace dianne feinstein. joe concha with us now. this reeks of identity politics, what say you. >> it is not surprising when you look at california the home of gavin newsom highest taxes in the country, highest poverty rate and highest in the country biggest expert is that of every state of any other in the country and video of other politicians from adam schiff to nancy pelosi to eric swalwell who are your leaders, it's not surprising that gavin newsom would go down this road and eventually ultimately the bottom

line a democrat will occupy dianne feinstein seat in california, it's hard to see republican being elected in california for the senate or the governorship anytime soon with the direction that state has gone at this point. stuart: she is female, black, lesbian, identity counts far more than competency. >> unfortunately that may or may not be the case. either way that is the newsom game at this point and he is obviously looking at 2028 as a presidential word 2024 is a presidential run if things work out another way these are the types of things that he could wear on his shoulder and say i did this for this community. stuart: were going to get to taylor swift shortly for something extraordinary. 41% of french people think that everyone should be limited to four flights in the lifetime to combat climate change, for flights and their entire

lifetime. jevity comment. >> i think that sound that you heard was me rolling my eyes out loud, this is a clear example that people are very easily brainwashed in this world and that you should only be able to fly four times a lifetime you think that could have an impact on climate change, it's easy to say as you know and by car or train so flying is not essential as it would be the united states but this is what happens with the education system not just in the u.s. but abroad as well, you have a point where people think that this is the type of threat the aoc describes that will destroy the world in less than seven years at this point and we know that is not the case. stuart: stay there for a second, i want to listen to trump.

[inaudible] >> in the state of new york. >> we have the problem with the audio you cannot hear what's being said, will bring you a report on what he said as soon as we can translate it. here we have to do taylor swift, look at the headlines the media is convinced that she could play pivotal role in the election and guarantee a major swing to the democrats, why the democrats and issue that influential. those stories i read them as well did not do basic research in 2018 taylor swift put much time in many resources and effort into defeating senator marsha blackburn of tennessee and her senatorial run and blackburn ended up winning by double digits. does taylor swift have influence among young people absolutely.

if you look at the social media 450 million followers across twitter/x, facebook instagram alone but in the end can to persuade folks to vote a different way, i think that puts a little bit more emphasis on her influence that perhaps is there but i do know and gradients come out you look between the chiefs and the jets played last night it'll have the highest rating that we have seen in years and that was without aaron rodgers the jets start playing against patrick mahomes of the chiefs. people wanted to know and and buy tickets in her albums, will they change their votes based on what she says, i'm not sure if there is any proof around that. >> i'm sure they're looking at the future schedule of the kansas city chiefs and buying tickets for the games on the off chance if there is a relationship ongoing they might see taylor swift and football games again.

the ticket prices are good to go up in the future i suppose. >> my daughter wanted to see taylor swift in the summer, it was $2000 if you try to get them online. the demand for her is insane, this is probably the biggest celebrity romance with an athlete you have to go back to marilyn monroe and joe dimaggio they got married in 1954 well before social media we games on tv and a regular basis, this is taken on a life of its own that we've never seen and there is a era tour for taylor swift and travis kelce stewart. she goes to each game the ratings are going to skyrocket and people are watching it that are not normally football fans but young people to see cutaways. last night on nbc they cut away to taylor swift 17 times during the game and her boyfriend travis kelce had a quiet night it did not matter she was a star not patrick, holmes. stuart: thank you so much, see you soon. have another football story, the buffalo bills damar hamlin made his return after suffering

cardiac arrest. how did the game go? >> the video froze, that's what happened. he took part in a special game and award, when i find out what is happening i will go back to you. sharon osborne issued a stark warning about is the impact, what happens when you stop using the weight loss drug as she did, doctor siegel is in and tells us all about it, migrant encounters at the southern border with an all-time high in september texas congressman tony gonzales says the white house is throwing money at the problem but not begin real solutions. casey stegall has us. he from eagle pass texas next. ♪

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was down 100 the markets up 57 points. the price of oil $91 a barrel. i tell a lie is dropped to $89.30. the ten year treasury that had been moving up earlier and moving up again up eight basis points to 4.65% that is the basis for mortgage rates at a point in half and you get the thirty-year mortgage rate. illegal border crossings reached an all-time high and september were the 260,000 in the one month alone. casey stegall joins us from eagle pass texas, tell us what it's like there today. >> good morning to you it is been a bit slow it is overcast and rain coming up in the forecast and that will slow some of the migration patterns. it's quiet under the bridge in eagle pass but we want to talk about the numbers. according to cbp sources tell fox news that the total number

of migrant encounters for the month of september at the southern border surpassed 260,000. those are border patrol numbers and also os phone numbers or office and field operation numbers that are combined. oh well so agents are border bor patrol covers everything else in between. when you combine that with the previous 11 months the number well exceeds 2.4 million migrant encounters for cbp fiscal year 2023 at the us-mexico border compared to 2.3 million for 2022. a new record. it was a busy weekend while we were out here. in eagle pass sources tell me more than 1600 crossings in a single day across the del rio sector. activity is really picking up once again in the rio grande valley sector. that is where mcallen to the east and west where the totals

are reaching approximately 3000 encounters over a two day. around brownsville, harlan and the fort bend station local sheriff say that is why is nearly impossible to keep up. >> my people are overwhelmed overworked but we took an oath and rickety keep them safe and keep texas safe and keep texas safe. >> a good portion of migrants are hitching rides to the u.s. on trains. over the weekend mexican police evacuated hundreds from a cargo train and chihuahua mexico, some northbound trains have been halted at 1.60 train suspended and less risky routes have now resumed migrants claimed they have been told they have to continue their journey on foot. congressman tony gonzales is talking about the safer act which is a plan that he has in

place that is nonpartisan, three things can be done to stop the flow immediately, surge of 150 immigration judges to hear cases here immediately number two a people to qualify for asylum get the bond repatriation fights and get them back to origin and bus from the united states. a number three raising the bar for credible fear threats for those who were claiming asylum. back to you. >> thank you very much indeed. democrats in new york are waking up to the reality of the migrant crisis. i believe governor hochul is beginning to change her tune is not right. >> yes she is she is taking aim at congress to take action insane divided administration has to impose limits at the border, here's what she says on cbs "face the nation". >> we want them to have a limit on who can come across the border.

it is to open right now. it is coming from all over the world and finding their way through simply saying they need asylum and the majority is up in the streets of new york and a assessor put more controls of the border not in the budget threat shutdown threat. bill clinton throwing in his 2 cents worth this time on new york radio, clinton says right to shelter law needs to be amended given the migrant crisis, though should be allowed to work. listen to this. >> governor hochul thinks it should be modified in a probably should've the current circumstances, we need to fix it. it doesn't make any sense and were supposed to shelter people who cannot get work permits for six months, we need to change that. they need to be worked and paid

taxes and paying their way and most of these people have no interest being on welfare. >> clinton also admitted the democrats are taking a major hit over this crisis. go figure. stuart: that will wake them up, chicago is keeping migrants at o'hare international airport. it's going to be crowded there. >> about 500 migrants from babies to the elderly are being housed by the heavy black curtain and a shuttle bus terminal at o'hare airport at chicago trying to accommodate more than 14000 asylum-seekers that are transported into the city. the migrants are sleeping on cardboard pads on the floor but occasionally there slipping out from behind the curtain and sleeping feet away from passing travelers what a mess some of the airport migrants are spending weeks until they are eventually moved to police stations, the sheriff's office

when aware slot opens up in the meantime they are packed into a space smaller than a city block, what a mess. stuart: new york city health commissioner under fire after he said everyone should be carrying narcan as a way to combat the drug crisis, critics say this won't solve anything. we have the story. a troubling report children are dying across emergency rooms across america. doctor siegel is on the show and tell us what parents need to know. ♪

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for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: we could have another strike in the near future. healthcare workers this time. >> here we go again the coalition of eight unions represent 75000 employees of kaiser permanente say they have not reached an agreement with the company, setting the stage for the largest healthcare strike in u.s. history. it could begin this wednesday, the coalition of unions have workers at hundred of hospitals and medical hospitals colorado, virginia, washington washington, d.c., the healthcare workers are wanted across-the-board pay

raises and also improvements to the pension plans as well as protection against outsourcing, the contract ran out this past saturday but no agreement reached in the next few days strike is been set for this wednesday. doctors, hospital managers registered nurses will not be taking part in the walkabout it would include nursing assistants, optometrist, pharmacist, x-ray and lab technicians and by the way there have been 300 strikes in the united states so far this year. stuart: thank you. new york city republicans are accusing city officials of waving the white flag in the fight against fentanyl after the health commissioner said that everyone should carry narcan. kelly o'grady joining us this morning. what is the problem. >> is overdosing. the drug usage has always been a problem but the border crisis is exacerbated the amount of fentanyl coming into the country and that has really been what is

increase the amount of overdose. by the way cities are going with vastly different strategies to combat this. i want to start with new york city. over 3000 people died of drug overdoses in 2022 that is a 12% increase versus the year prior in the newest solution from the new york city health commission is the everyone should carry narcan, it is a nasal spray to save lives in emergency overdose situation and the idea of the burden falls on all of us to step in. if we see someone on the side of the street having an overdose. it's available over-the-counter for free and participating pharmacies. there's even an vending machine in brooklyn that has this and more vending machines that you going get narcan. san francisco also a blue city attempted to walk to the root cause, the city has been drug infested for a long time, the tender going a lot of homelessness. a new proposal that would require mandatory drug testing and treatment programs for those

receiving welfare services. over 15 states required drug testing were proposed similar legislation in san francisco drug users are voicing opposition saying their choice to use and critics are worrying to harm users were attempting to recover for san francisco mayor london breed says accountability is necessary and she shared this statement. if you want to see and you are trying we want to help you but people are not interested in seeking treatment we cannot let people deteriorate on our st street. that is a little bit of a roundabout from what we seen in the past but back to narcan a lot of folks are worried, if you know there is a safety net that will encourage people to use it more. stuart: we are not experts how do i know who is having an overdose. i do not know those things. great report. thank you very much indeed. here's the headline handing out narcan will not solve the drug purple. doctor siegel wrote that and he joins us now. what will solve the drug crisis,

any good ideas? >> i have to correct you on one thing which i have gotten in 15 years which is actually no downside to narcan. it's a big band of someone's lying on the street you put this up their nostril, nothing bad happens to them. and they may not wake up if it's not for this. i'm not seen as a physician, that is number one people aren't doing this on the street, that's a political move. is not reasonable what is reasonable is shutting the border going after the cartel, figuring out how the advertising social media giving more education getting families more involved in understanding their lacing fentanyl now with other drugs like methamphetamines and cocaine and it is a culture, one expert the university of pennsylvania told me addiction specialist says some teens are drawn to it like a moth to the

flame, that has to be considered in thrillseeking behavior. it is a culture, narcan is a band-aid. stuart: a terrible thing, next one for you, new research shows only 14% of emergency rooms across the country are certified as ready to treat young patients over 1400 died between 2012 and 2017 because of this. where are we going wrong? >> emergency rooms are overloaded. not a negative but mostly physicians assistants and nurse practitioners, i could be disorganized and especially city ers are overwhelmed. secondly even though we have pediatric ers they are only and high medical centers like high level academic medical centers. the may not be geared for children's problems and is not to smaller people in smaller doses. it is a whole different disease that you see with children and

you have to be on the lookout, we just talked about overdoses and teens. if i see a 60-year-old that did not respond i may be thinking of an infection. if i see a 15-year-old i might be thinking of an overdose. that has to be geared into ers a total mental health epidemic going on among our teens right now workable 57% of teenage girls have had periods of hopelessness over the past year we gotta be geared for that in ers and whatnot. switching topics sharon osborne is sending out a warning of stopping the use of ozone pick. she apparently stopped and ran into problems what happens when you stop taking it. >> the biggest thing that happens when you stop taking it you may put the weight back on, that would be my biggest morning fda came out with a warning that you could get a blocked intestine from ozone pick and again, we go via is a most

insane thing but the vast majority see nagy. that's what sharon osborne had, i monitor this closely are you nauseous what are your side effects. do you need it do you really need is it working and that i would probably recommend although this is new taper unit rather than stopping suddenly. a lot of people tolerate and it's done a lot of good so it should not be thrown out is like throwing out the baby with the bathwater this is an important medication and should not be overused and there are side effects because it slows gastric to empty. stuart: i want to ask a hypothetical. if i said doctor, i want to lose weight, give me ozempic would you do it? hypothetical, anybody they say i want this for weight loss. >> i will look at diets, what

are you eating is it processed foods, is that carbohydrates are you exercising, exercise does not burn off calories but it tells your brain not to overeat some of the same hormones by exercise. i don't give it to everybody i want to know what they tried first. stuart: it is easy, it's tough. but a job from ozempic then you get there. >> it's hard to find a pharmacy that has it, if you burn off more calories running around the city looking for a pharmacy then ozempic gives you. the shortage is a terrible problem. stuart: we're going to leave it right there but we hope to see you soon. doctor siegel. check the markets please the dow is down 159 points in the nasdaq of 56, i'll call that a split market after a terrible month of september. big tech? i think it is a mixed picture most of them are up across the

board, alphabet, meta, amazon, apple, even microsoft is up. the ten year treasury yield, that too is up ten basis points. up goes the yield on the ten year treasury and big tech all of them are higher for 67 is the yield on the ten year right now. still ahead the chair of the house ways and means committee jason smith on house republicans trying to expel matt gaetz. mike huckabee on democrats fearing bidenomics branding is backfiring. and erica donald on the education department pushing colleges to increase diversity efforts. 11 clock hour of varney is next. ♪

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