tv Varney Company FOX Business September 11, 2024 9:00am-10:00am EDT
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lowest in three years. inflation is beaten, that's why the fed is going to start cutting rates. that's certainly good for all of us. cheryl: lee. >> this is a good reminder at this moment national security is absolutely vital. but let's just talk for a second about last night's debate. kamala harris had a great night, no question about it, but she did not change a single voter in our focus group's mind, and has the ultimate measure of success. >> and as we're looking at two young people remembering members of hair family who died on 9/11, the youth vote doesn't always vote democratic, as lee and i were talking. 6% of 18- 61% of 18-24-year-olds voted for reagan in 1984. cheryl: we honor the victims of 9/11. has it for us, "varney & company" is now. stuart. stuart: yes, it is. good morning, cheryl, and good morning, everyone. we cover money and politics, and we have blockbuster news, but
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the buzz this morning is all about the debate. harris successfully got under trump's skin. she baited him, and he took the bait. that allowed her the avoid her own flip-flops and reversals. she never explained why she changed her mind on so many issues. the resultsome we do not know what a future harris administration will be like. abc's moderators are coming into heavy criticism. they fact-checked trump frequently, not harris. their questions were skewed towards subjects that were negative for trump. the betting markets this morning show harris with an improved chance of winning, and djt is tanking. it is down, what, 13%. one more point. taylor swift endorsed kamala harris right after the debate last night. all right, let's get to the money and the inflation report issued about a half hour ago. consumer price up .2% in august. inflation at that level is moderating. but the important number this morning is the so-called core
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rate which came in strong. that seems to be the upsetting the markets. here's the reaction. the dow industrial the average down about 130 point, the s&p down 2, the nasdaq, though, that's turned around completely, now up 26 points. i had interest rates edging higher just a few moments ago, they're still edging higher. the 10-year comes in at a 3.67%. as for the 2-year, 3.67%. the 2-year, the 10-year, exactly the same. bitcoin, that was $56,000 a couple of minutes ago, it's 56,7 right now. gold still around $2500, down $4 this morning. oil, $67 a barrel. gasoline keeps edging lore. regular averages $3.2525, down one cent. we still have 11 states in the south where gasoline is below $3 a gallon. on the show today, it is 23 years ago today that islamic
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terrorists attacked america, and the terror threat is still with us. yes, it is the wednesday, september 11th, 2024. "varney & company" is about to begin. ♪ ♪ >> donald trump actually has in plan for you because he is more interested in defending himself than he is in looking out for you. >> that's just a sound bite. they gave her that to say. she doesn't have a plan. she copied biden's plan, and it's, like, four sentences. finish like run, spot, run. everything that she believed three years ago and four years ago is9 out the window. she's going to my philosophy now. in fact, i was going to send her a maga hat. >> it's important to remind the former president you're not running against biden, you're running against me. stuart: some of the highlights. abc called out for the numerous fact checks on trump, the lack of them for harris.
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lauren, you better take us through it. lauren: good morning. abc made the decision to have their moderators fact check the debaters, and they checked trump much more than harris. watch. >> there is no state in this country where it is legal to kill a baby after it's born. >> i just want to clarify here, you bring up springfield, ohio, and abc news did reach out to the city manager there. he old the us there have been no credible reports, in evidence of that. president trump, as you know, the fbi says, overall, violent crime is actually coming down in this country. the question was about you as president, not about former speaker pelosi. i did watch all of these pieces of video. i didn't detect the criticism. >> vice president, he said you hate israel. >> vice president harris, have you ever met vladimir putin? >> just yes or no, you still do not have a plan. lauren: that felt like a three on one against trump to many viewers. harris' team wants to do it all over again. >> listen, the truth is whats.
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we want a second debate, we certainly hope -- >> do it on fox? >> we're entertaining all offers. lauren: entertaining all offers, but we're in the middle of september. early voting in pennsylvania where the debate was, the largest and most consequential, or arguably, swing state, their early voting starts next week. so if you're voting early, does a second debate matter? stuart: and limited time to arrange a second debate. maybe they will. mark these marc thiessen is -- marc thiessen is with us this morning. i still don't know where harris stands on the issues. that was one of my takeaways. how about you? >> 100%, you're right. look, i mean, they -- the moderators were terrible. they asked for one question about having flip-flopped, and she delivered a word salad about how she supports the middle class, said she would take them on one by one and didn't, and they didn't follow up. but when donald trump says something, they start
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fact-checking him in realtime. this is a candidate who, you know, she referred to the your project 2025, which they didn't correct. it's not his project 25, it's the heritage foundation. he dissociated himself, but they didn't challenge her on project 20219 which is her entire agenda the that she campaigned on in her own words. [laughter] supporting ev mandates, banning fossil fuel if cars, ending fracking, ending private health insurance, medicare for all, green new deal, decriminalizing border crossings, free health care for illegal migrants including, we just found out, free gender transition surgery for illegal migrants. all these things where it's not just somebody else put it out there and she endorsed it, we have it in her own words. stuart: true. >> and no one challenged her on it at all. and she didn't explain why she's flip flip-flopped. stuart: on the other side of the coin last night, trump took the bait. because of that, he missed opportunities. what say you? >> it's 100% correct.
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i mean, look, she baited him on leaving his rallies, the central park five, january 6th, his criticism of john mcif cane. it went on and on, and he took the bait every time. at one point, he brought up january 6th on his own. if you're donald trump and you're talking about january 6th, you're losing. if you're talking about her flip-flops, her record, inflation, all these other things, you're winning. yes, she -- obviously, debate camp went very well for her. [laughter] she hunkered down, she studied, she came up with a strategy, and she implement inned it e -- implemented it effectively. the fundamentals are still in donald trump's favor. this is a change election. 911%, according to "the new york times"-sienna poll, want change, 61% want major change, and 6 in 10 say donald trump is the candidate of change, 3 in 10 say it's her. so he's the change candidate in a change election, he also owns the center. according to that new york times poll, half of americans think he
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is neither too far right or left, half of americans think she's too far left, so those fundamentals have not changed as of last night. stuart: the debate doesn't change the trajectory. marc thiessen, see you soon. >> thank you. stuart: consumer prices up 2.5% in august, that's over the last 12 months. lauren: correct. stuart: that's a moderation of inflation at the consumer level. lauren: yeah, and it's the lowest level since february of 20321. let's take out the core, core cpi, a bit hotter last month. it came in at .3% and year-over-year at 3.2. shelter accounted for 70% of inflation, it's up more than 5% annually. food's up about 2%. transportation is up almost 8%. and we continue to see used car prices fall, energy prices fell by 4%. look, you're looking at a market that's to down 135 points now on the dow in the premarket my opinion is the market now is betting that that jumbo rate
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hike for next month isn't really going to to come. there's a 15% chance that they go 50, the fed next week, most say they go 25. stuart: not sure i care that much, but david bahnsen is with us -- lauren: i don't think he cares either. [laughter] stuart: here's my question for you, david: does a strong core rate of inflation imply that consumer price inflation goes up in the future? >> no. core just means they take out food and energy. consumers pay for food and energy. energy prices were down .8 percent on the month. food prices are only up 2% on the year, so that's why the core is higher than the headline, because food and energy prices have come down more than other prices. that's a good thing for clears -- for consumers. the futures market is saying last chance of a half point cut in sepp, but now it's just moved into november. it's a greater chance of a half point cut in november. we're getting a one-point cut by the end of the year with one way or the err. stuart show me djt.
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the betting market seemed to think that harris won. is that a bad sign for trump, bad sign for the for the market? >> that stock's going to zero, i've said it a hundred times, and everybody knows it. listen, it's not really about trump's presidential possibilities with that stock. the betting markets for who's going to win the election went in harris' favor as well and, you know, the polls are going to say what you're going to say. i think marc was right. the question is not really who won the debate last night, it's whether or not it's going to matter to voters. stuart: now listen to what trump had to say after the debate last night. roll it. >> she wants a second debate. >> that's because she lost. she wants it because she lost. >> do you have an answer? >> well, i don't know, i have to think about it. but if you won the debate, i sort of think maybe i shouldn't do it. why should i do another debate? she immediately said -- you know what happens when you're a prize fighter and you lose -- >> would you be inclined to the say yes? >> maybe if it was on a fair
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network, i would do that. stuart: the chair of the rnc is michael whatley, and he joins me now. i think that harris wants a second debate because it's a sign of strength and confidence on how she did last night. do you want a second debate? >> i think we certainly would entertain a discussion about my opportunity for donald trump the talk directly to the american voters about the issues that we care about, the issues that the voters care about. we did not get that that opportunity last night. the number one issue that voters care about is the economy. we've heard more about the economy in the opening of your show than we did during that that entire 90 minutes last night. they asked exactly one question on the economy, and kamala harris dodged the question. if look, the voters care about inflation. they care about grocery prices, gas prices, they care about a housing prices. those are all up. they're continuing to the go up. inflation was under 2% for all four of donald trump's years, it was 1.4% when he handed over the
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economy to joe biden, and it is still running way hotter than it is. i think we look at this -- stuart: a different network, a different network for a second debate might if treat the economy differently. last word the you. >> i would certainly hope that they would. i think that this is the number one issue for the voters. donald trump has a plan to to unleash american energy, end inflationary spending and bring down prices for every american family. kamala harris did not answer a single question last night. she didn't talk about her plan because she has no plan other than to continue down the road of inflationary spending, and she wants to give america the largest tax increase in the history of this country. stuart: michael whatley, hanks for getting up early after a late night last night. we do appreciate, michael. >> yes, sir. thanks, stuart. stuart: sure thing. the mainstream media fawning over kamala harris' debate performance. >> donald trump got destroyed in
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this debate because he can't control his mind. >> it may very well be the best televised debate performance ever. >> i thought it was exceptional. stuart: -- does want another debate. and this is the 23rd anniversary of the 9/11 terrorist attacks. tunnel to towers foundation chair frank siller will be joining me next. ♪
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the opening bell. well, today marks the 23rd anniversary of the september 11th terrorist attacks. pete hegseth joins me now. you're at the 9/11 memorial in manhattan. pete, i understand some of the grandchildren of those who died were reading their names this morning. >> that's where we're at. we're 23 years later, stuart. you've got the kids who have now had kids, who are the grandkids of those that were lost on 9/11. it's a reminder that never forgetting and always remembering is becoming now a generational exercise. i mean, you and i both remember exactly where we were when those towers fell and, by the way, we're in the hour now where the north tower and the south tower fell. and the somber nature of that morning hits us like a ton of bricks every 9/11. we're getting to the point where this is now in the history books, and it's being written by people, some of which who experienced it but also some of which have very different views of america and what america's
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stature is in the world. so now we're fighting over why 9/11, what happens after 9/11. i can't help but think about the debate last night. not talking politics, but 9/11 didn't come up. but the specter of 9/11 loomed, right? we've got a wide open border. we've not the taliban back in charge in afghanistan, al-qaeda reconstituting. we've got protests, pro-hamas protests happening inside new york city. stuart: that's right. it's incredible. >> remembering 9/11, it's incredible how far we've back slid, and this is plenty of people honoring and remembering today, stuart, i know that, but too many not, and that's really problematic. stuart: yeah. quarter mile north of where you're standing, pro-hamas demonstrators are out in new york city. that's to incred. 6789 -- incredible. pete hegseth, thank you, we appreciate it. joining me now, frank siller, chair and ceo of the tunnel to towers foundation. it is 23 years on. why is the terror threat still with us? >> well, it's sad to the say
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there's some things that are always going to be with us there's always evil in this world. but, you know, our foundation has learned that goodness will always rhode islandism over evi. what my brother did 23 years ago, giving up his life, firefighter who ran through the brooklyn battery tunnel because he couldn't get there on his truck, put his fire gear on his back and went into the south tower and gave up his life while saving others. we knew we want thed to honor his sacrifice and the sky of -- sacrifice soft so many great heroes, and that's why we've formed the tunnel to towers foundation. and we've been doing good for 23 years. stuart: it's still with us, frank, the number of people who died from illness related to 9/11 is estimated at 6,400, double the number who actually died in the attack itself. it's still with us. it's ongoing, isn't it? >> yeah, it's a terrorist attack
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that, sad to say, keeps on taking lives. look, there's more firefighters and police officers that have died from 9/11 illnesses than died on this sacred day. so it's very sad. and why are they dying? because they went on the rubble, and they were digging, you know, looking for survivors first and then the recovery effort afterwards. looking, like, for my brother and many families that never were recovered, but there were nearly 2,000 recovered. so we -- today we paid off 20 mortgages. stuart: i was just going to ask. >> -- for our fallen first responders and our military. why do we do that? we want to show, once again, that goodness will triumph over evel. seven of the mortgages that we paid off are 9/11 ill illnesses -- stuart: frank siller, thank you very much for joining us. there is a moment of silence on the new york stock exchange, and we shall observe it.
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stuart: it is the 23rd anniversary of the 9/11 terror attacks. donald trump and kamala harris were both at the memorial service in lower manhattan. they shook hands. they took a moment to shake hands. they'll both be traveling the shanksville, pennsylvania, a little later today. there you see it. quickly to the markets, we do have is some upside move for the nasdaq and the s&p, down 120on the dow. shah ghailani with us this morning. any impact on the market at all this morning from the debate last night? >> i think so, stuart. i think i'm going to put this point-blank, trump's, i think, disappointing -- and i'm being generous rouse in that -- performance, means we're more likely to see a harris victory, and that means higher taxes. that means, perhaps, taxing
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unrealized gains. it means more spending, it means a lot of things that the market's not going to like. so whether it's individual taxes going higher or corporate taxes going from 21 to 28 president, whatever ultimately the democrats might want to do, the market's not going to like that. with the futures down this morning, probably partly as a result of the poor performance of the past president in the debate. stuart: okay. we've got an improving situation on inflation. the consumer price index year-over-year up just 2.5%. inflation is moderating. is that a, that should be a big plus for the mark, shouldn't it? -- for the market, shouldn't it? >> it is a big plus for the market, but it's not as big as the market would like it. the market would love to have seen cpi drop dramatically this month, and that would have been meant the fed would have been cleared for a 50 basis point cut. now it looks like it's back to more likely a 25 basis point
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cut. market wants to see a deeper cut to stave off any kind of potential recession whether it's a soft landing or hard landing, whatever it might be. markets really want to see a big cut as far as the fed. they were slow to catch on to the fact that inflation was, perhaps, more than transient, and they seem to be slow to cut rates where we might be able to stave off any kind of slowing down of the economy. and i think markets are worried about that. stuart: are you buying any big tech? >> we bought a bunch of big tech on the dip. we added to positions, but right now we're holding pat. we're waiting to to see the cpi number, i was waiting to see how the debate performance went yesterday. right now we're in a little of a holding period right here, stuart. we're going to have to see the markets rally up to previous highs before we start to get fully committed again. stuart: okay. shah ghailani, thanks for joining us. david bahnsen is with me this entire hour. you don't care about the debate, and you you don't care about the
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fed, do you? you don't care. >> i do care about the debate because i'm a political junkie, i can't help it, it doesn't matter for the market, no. not even a little bit. stuart: okay. and the 25 or 50 basis point -- >> they priced it in over a month ago, the bond market has priced it, the stock market's priced it. 25 now, 50 now, it doesn't matter, i've said it on your show at least half a dozen times, market doesn't care. stuart: so what to do do you care about? >> earnings. [laughter] last i he canned, that's what stocks are -- checked, that's what stocks are. profits matter. stuart: so i should look at big tech9 and the future profitability -- >> and the price you have to pa pay to buy those profits. stuart: it's as simple as that? >> absolutely. i'll give you one more thing. the portion of the profits companies give back to the you, we call it dividends. [laughter] stuart: i don't buy stocks on the basis of dividends unless you've recommended a really good stock with a high dividend that's going to go places, which you have done in your time. >> yes, i have.
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it's what we do for a living. they're not caught in this trap of caring what the next news headline is, how a debate went, how a particular story plays out. try to trade around that stuff. it's a fool's errand. stuart: but we got addicted to the huge gains you could make in big tech over the last few years. you're not looking at4 or 5% dividend yield. who cares? >> yeah, that's true. if somebody is addicted to something, it never ends badly. [laughter] wait, wait, wait, that isn't the true. you walked into that one. zero student i did, but i have done very well on big tech making very big gains. i'm not addicted to that, i just want to see do -- >> investors cannot invest in the rearview mirror. what just got done happening. the stock market is a story of gains going away very quickly. stuart: you know, if you're not careful, bahnsen, you'll be pac. [laughter] >> i have a lunch. stuart: we're off, we're running, and let's see how we're
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doing. the dow is down about 130 points, far more red than green. there's a preponderance of selling. all right. the s&p 500, i think there's a fractional -- no, fractional loss. flat to slightly lower there. the nasdaq composite, that also is slightly higher. you've got a 36-point gain, .21%. all right, big tech, you have to see it. here we go. every day you've got to look at it. alphabet, apple, meta, amazon, microsoft all up. if now, let's check djt. they were down big last night after the debate. lauren, what have we got? lauren: still down, down 14%. look, it's a referendum on trump. two big events happened in the past 12 hours -- hours. kamala harris had had a big debate, and taylor swift endorsed her. boom. she's got momentum. so djt is down. it's right near its record low, and if you look at the volume, it's pretty actively traded. [laughter] stuart: one more thing -- two more things david bahnsen
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doesn't care about -- lauren: both of those things i just said. >> oh, i'd invest in taylor swift if i could -- stuart: she pays notive depend. >> she pays a dividend to herself. [laughter] stuart: let's get ice. check the financials -- get serious. jpmorgan issued a warning. lauren: a major decline for the financials yesterday, and there is no bounceback today. yesterday jpmorgan's president said their net interest income next year will fall even with lower rates and their expenses will rise. we also heard goldman's ceo say their trading revenue will fall 10% this quarter. so we saw the banks hemorrhage money yesterday, it's continuing today. like i said, no bounceback. and it seems like the bigger the bank, the bigger the drop. one more for you. pull out morgan stanley, it's down 1.5. goldman sachs cut their price target to 105 -- stuart: david? >> jp mayor if began's up 42% --
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jpmorgan's up 422% last -- 4322% last year. -- 4222%. they're not paying big interest out to their depositors. they don't have to. many war gin's come down a little bit. jpmorgan is the greatest run bank in the history of the world. stuart stuart now, there's a statement. >> i mean it. lauren: how do you feel about hair ceo? >> i think he's done a wonderful job, and you'd be hard pressed to find someone who disagrees with with that. stuart: would you like to see him president? >> um. stuart: no meant. i see novo nordisk and weight loss drugs on my prompter, therefore, i'm interested. as young as 6? lauren: 60 to the 11-year-olds -- 6 to 11 year olds. their innext for that age group is safe. in this early trial, kids got a shot daily for years and saw their body mass index decline 5.8%, that that's a lot in a kid. a 6-year-old? they also a finished early testing of the pill if concern.
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stuart: now i'm interested. lauren: -- for adults. adults lost up to the 13% of hair body weight in 12 weeks -- of their body weight. pills are more expensive though because you have the put more of the active ingredients -- stuart: i want it. lauren: will you pay for it? stuart: absolutely. bahnsen's got a sour look on his face -- >> i never know if you think i need to be taking the pill or stock advice. stuart: stock advice. >> you don't need the pill, my friend. it's the impossible nurse as investors to price that a stuff because it's very speculative, expensive and the idea of a 6-year-old taking it, it just intuitively makes me uncomfortable, but it's phase one, very early. lauren: but -- sorry. the thinking is in the medical community if you can keep the kids leaner, you put off some of the problems that come up because of weight. >> yeah. i would think diet and exercise might help. stuart: here's another stock you're going to turn your noips and say i don't care. game so many. -- gamestop. they're down this morning. lauren: i'll make it quick.
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four straight quarters now of declining sales. what do they co? they sell physical video games, but most people play online. it's also a meme stock, gets a lot of buzz. wed bush commentary is great, david. they say, and i'm quoting, there's a total lack of any strategy to enter new categories with growth potential. >> but other than that, how was the play, mrs. lincoln? [laughter] stuart: okay. we've got to move on. we've got to cover more stuff. prompter, scroll up. there we go, thank you. wait a minute. i want an explanation as to why the dow is down 365 points. are there a couple of stocks that have a really gone wrong in the dow? we're checking for that, okay. meanwhile, you brought us the dividend stocks. >> an investment bank that just does deals. they don't have a big balance sheet hike goldman sachs. they're up a lot this year, they pay 100% of profits out in dividends, and they have no debt. and we think m&a is coming back big, even more deals get done as
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interest rates go lower. we like it a lot. stuart: how much do they pay? >> over 4%, and they pay a special dividend once a year. stuart: blue owl capital. >> similar story, just a different company. they're doing a lot of the debt on these different deals to get cone. they're a -- done. they're very much tethered to the lower rates, more deals getting done. stuart: okay. i'm going to check the big board again because now we're down 366 points. there we go. now, can you show me the dow losers? i want to know where this loss is coming from. lauren: while they pull this up, just to tie this back to interest rates, there's a growing chorus, now citi says the fed's just cutting 25 basis points next week followed by 50 in november and again in december. stuart: okay. do we have the list of the stock stocks, which of the big name stocks in the dow 30 that are losing so much ground that the dow is down -- >> at the open, united health care and goldman sachs were down
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the most. you look at united health care, it's down $10 a share. but because the dow is weighted by price, the stocks that have a high price, hem going down matters more. united health care is bringing the dow down quite a bit, and it looks like goldman sachs is as well. it's a $460 stock. that's a big difference. stuart: they're all dow stocks, goldman is down and caterpillar's down again. travelers and amgen, i'm surprised to see them down 1.8 -- lauren: only three stocks are hire, a apple, merck and microsoft. stuart: quickly, dow winners. have we got that? yes, we do. apple, merck, microsoft, the only three winners on the dow, as you said. ibm, intel down. if s&p 500, winners. there are some. albemarle, first solar, seventeen, enphase, a a es. i'm not familiar with any of them. as for the nasdaq winners, yes,
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there are some. let's show them. a a sml holding, marvell, my to tech -- chips coming babb up. lauren: they spoke about chips last night. >> some of those might be related to the debate. stuart: thank you very much, indeed. coming up, taylor swift officially endorsed kamala harris just minutes after the debate wrapped up last night. is this move going to push any the of her fans away, or will it attract votes to harris? we'll deal with the story. the economy was the first question at last night's debate. harris couldn't answer a if she believes americans are better off than they were four years ago. e. ward lawrence in philadelphia -- edward lawrence in philadelphia, he'll give us that story off this. ♪ -- your best behavior, turn your back on mother nature. ♪ everybody wants to rule the world ♪ if
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stuart: 9:432, 12 minutes into the trading session, and the dow is a taking it on the chin, down 416 points. unitedhealth, goldman, amgen and we have boeing also accounting for a lot of that loss. the nasdaq holding on to a 29-point gain. the economy seemed to take a backseat in last night's debate, only 13 minutes spent on that topic which voters call the top issue. edward lawrence at the white house. edward, it wasn't much, but what did we hear from the candidates on the economy? >> reporter: yeah, it wasn't much at all, 13 if minutes out of a 90-minute debate, and this is the number one issue for voters. we didn't get many details. we did hear this -- >> i believe in the ambition, the aspirations, the the dreams of the american people. and that is why i imagine and have actually a plan to build what i call an opportunity
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economy. >> reporter: the vice president was not pressed on how she wants to let the trump tax cuts expire, increasing taxes on just about everyone or her other tax increases. >> everybody knows i'm an open book, everybody knows what i'm going to do, cut taxes very substantially and create a great economy like i did before. we had the greatest economy. we got hit with a pandemic. she doesn't have a plan. he copied biden's plan, and it's, like, four sentences. like run, spot, run. >> reporter: so moderators moved on, spending more time on the abortion debate, on ukraine. no questions about the energy policies that vice president harris sports -- supports like forced transition to electric. >> part of building a clean energy economy includes investing in american-made products, american automobile as. -- automobiles. i includes growing what we can
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do around american manufacturing and opening up auto plants, not closing them like happened under donald trump. >> vice president harris, thank you. >> it didn't happen under donald trump. they lost 10,000 manufacturing jobs this last month. it's going -- they're all leaving. they're building big auto plants in mexico. >> reporter: so the economy actually averaged a loss of 11,000 manufacturing jobs over the past three months and lost 24,000 manufacturing jobs last month. there was no pushback from the moderators really at all about what vice president kamala harris said during that debate, stu. stuart: edward, thank you. now listen to what abc's jonathan carl had to say about harris' debate performance. >> kamala harris didn't really explain some of the big questions that were out there about why she changed her policy views on so many things. part of the reason is donald trump really was not effective in bringing the debate to her. i think he looked not just angry, but also rattled. harris looked like she belonged
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on the stage, looked like she is somebody that can serve as president. stuart: charlie hurt joins me now. did kamala harris look like somebody that can handle, that can serve as president? go ahead, why are you laughing? [laughter] >> yeah, i don't know about that. she certainly did practice her looks including the one where she put her hand on her chin like she was posing for some sort of roman statue. i really liked that a one. i think, actually, all that stuff is pretty annoying. that clip is kind of amazing. he works for ark bc. he is sitting there saying the abc moderators failed to do their job in this debate. they didn't press kamala harris on these issues, they did not get answers, and then he turned around and says the moderators, my moderators failed to run this debate properly and then turns it around and blames it on donald trump. you can't even imagining that somebody has the guts to go out there and have completely botched the debate and then
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admit that the debate was botched and somehow blame donald trump for it. last night was an ton for kamala harris to come out -- an opportunity for kamala harris to come out and explain her positions on things and explain all of her flip-flopping. she failed to do it during that debate, and on that alone she failed. stuart: harris wants a second debate. i see that as a sign of she believes -- she was strong in the debate, she's confident. but my question to you, charlie, is do you think trump should go for a second debate? >> well, of course, i always a want more debates. more debates are good for the republic, they're good for democracy, they're good for everything. whether or not we see one or not, i don't know. but, you know, i do think that she probably needs one more than he does because she failed to answer any of the questions that people have. polls show a third of the country don't know where she stands on important issues from the economy to foreign policy. and so i'm not surprised that she's, that she wants to do
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another one. the problem is that if you had competent moderators running a fair debate, say fox news, i guarantee you she wouldn't agree ecothe that debate because i think that debate would not work out very well for her. she needs another debate with moderators who are on her side working for her. stuart: got it. charlie hurt on a very important day, hanks for being with us. see you again soon. david bahnsen, same question. do you want a second -- do you think trump should to the second debate? >> well, he would have to do better than he did last night, but i want a second debate because i want one of these candidates to talk about $35 trillion in national debt. i want one candidate to talk about unfunded liabilities, social security and medicare, that that we have no plan or ability to pay for. i want one candidate to talk about $2 trillion annual deficits. do they want to wait until we get to $50 trillion in debt until we talk about it? $100 trillion in debt? at what point are we going to take the number one economic issue in our country seriously?
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stuart: tell me why the dow is down whatever it is, 450 points? >> partially because it had been up 1,000 points over the last month or so and partially because there's a couple companies that are, unfortunately, bringing it down. united health care is about 150 of that 450 points. so there's some idiosin accurate ig things going on but, you know, markets are volatile day by day. stuart: thank you very much, indeed. next case, harris got off to a rough start, that was the very beginning, but she recovered fast. he stuck to her game plan of baiting trump, and it worked. it also allowed her to escape her own policy flip flips. -- the flip-flops. that will be my take, top of the hour. one of the illegal migrants accused of murdering 12-year-old jocelyn money gary is -- none gary is due back in court this morning. the heart broken mother says biden and harris are responsible for her daughter's death.
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saying. >> reporter: stuart, i've been speaking to jocelyn nungaray's mother for months, she wants purpose behind her daughter's death. that that's why she's been so outspoken, and ultimately, she wants to stop another family from going through this same pain. let's back up and tell you about a this case. so back in june jocelyn's to mother says that her 12-year-old daughter snuck out of her home. her body found nearby in a creek in north houston. investigators say she was pound tied up and partially undressed. surveillance footage showed her with two men now identified as 26-year-old franklin jose pena ramos and 211-year-old johan jose martinez. both are illegal immigrants from venezuela, according to i.c.e. police say the two lured jocelyn under a bridge, sexually assaulted her and strangled her to death. when the accused killers crossed over illegally, i.c.e. tells us they were both caught by border patrol, then they were released the very same day on notes to
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the apeople. now, jocelyn's mother has been really outspoken existence the biden-harris border policies. she stood behind trump at an event along the southern border back in august, and just yesterday she testified on capitol hill in a -- at a marrying on the impact of -- hearing on the impact of my grant crimes. i got the chance to speak to her one-on-one over zoom. >> if we had stricter border policies, i genuinely do believe my daughter would be here because they were detained, and they were released within the same exact day, and they had no reason to be released. not one bit. >> reporter: and both suspects charged with capital murder. they are on i.c.e. holds. martinez is expected to appear in court this in just about 30 minutes from now. meanwhile, that judge is also expected to rule on a gag order, and that would basically stop the district attorney's office and law enforcement from making any comments about this case, stuart.
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stuart: we'll take it. thanks very much, indeed. now a look at the markets real fast because i see the dow now down 450 points. in fact, we've got red across the board. minor losses for the s&p and the nasdaq, but the dow is off, let's see, 1.11%. some big name stocks in the dow 30 accounting for much of that loss. unitedhealth, for example. david, i want to thank you very much for sticking around for the hour. it was an absolute pleasure from beginning to end. [laughter] >> thank you for having me, my friend. i will be back. stuart: i know you will. good stuff. next case, liz peek on kamala harris dodging the question on whether or not she'd support late term abortions. joe concha on the debate moderators' aggressive fact-checking of trump, letting harris off easy. kevin o'leary on harris' failure to explain her policy flip flip-flops and bill hemmer on kamala harris pushing for a second presidential debate with donald trump. the 10:00 hour's next. ♪ and i'm proud to be an american where at least i know i'm free. ♪ and i won't forget the men who
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