out there, that, no, it has to be less than a carat, there are so many options. you can buy your own machine and make it yourself. charles: right. >> and do you want the lab grown one, mattedson? >> conflict-free is a good thing. >> oh, yeah. >> but value, i think the diamond industry is going to collapse. i don't think the value of labs -- i think they're already being sold for too much, so natural diamonds will continue to be worth something. i don't think lab will be worth much, but if it's a shine gnu rock, it's a shiny rock. charles: zsa zsa gabor, someone asked because she was divorced eight times, if the engagement breaks off, do you give back the ring? yes, you give back the ring, but you keep the stone. [laughter] >> there you go. charles: thank you both very much. all right, folks, the market coming back nicely, liz claman, can you take fit over -- >> green acres, i love you. was that ava or zsa zsasome. charles: you know, i got 'em confused always.

liz: we got that out of the way. folks, we wouldn't exactly call this a u-turn, but the market action right now looks like a loose version of the letter u. take a look at the blue chips right now. while they are down 30 points, just a minute if ago they had popped up into positiver the story. one hour after the opening bell, they had dived about a 743 points, so we have seen a pretty dramatic improvement here. same pattern with the s&p. at its low, the broader index had been down, i believe, about 88 points, and right now it is now up 27en points with 59 minutes left to trade. nasdaq's reversal, though, is much more pronounced. it just popped into positive territory around noon, and is we're going to show you why it is now in the green after having been down 238 points at its worst point. but first, remembering nerve. a solemn today for the -- 9/11. a solemn day for the nation as america marks the 23rd year since islamic terrorists took

control of four commercial gents and purposefully crashed hem in new york, pennsylvania and virginia, killing nearly 3,000 innocent people. this afternoon as part of the day-long commemoration, president joe biden and vice president kamala harris laid a wreath in shanksville, pennsylvania, where one of the planes the militants planned to crash into the capitol the building in washington, d.c. went down after brave passengers fought back and overtook the terrorists. in just the last hour, former president donald trump followed laying a wreath at the shanksville site as well and meeting with families of the victims. all three began their day at the 9/11 memorial and the site where the first two planes crashed into the twin towers killing 2,016 people. so many of them worked in the financial i have. and another -- industry. and another 403 new york city police, firefighters and port authority the officers died trying to rescue those trapsed. >> -- trapped. no other company took a bigger

toll on 9/11 than wall street financial giant cantor fitzgerald. 658 employees were working on the top floors of the north tower when the first plane hit. howard lutnick headed the company then, and 23 years later he not only is still the ceo, but every september 11th he holds a charity day which to date has raised -- well, i'll let you give the tally right now, how'd. but for countless charities across the country, what is the total tally since you've been doing this? >> just under $3700 million -- 370 million, you know, so far to charities. this year we're running at a record obeys, so better than last year, so we'll exceed $12 million this year alone. and, you know, in the beginning our employees gave their, 25% of their compensation, so we really care about families, and now we're taking care of over 150 charities everywhere mt. world. liz: families are what always comes to mind when i think about

9/11 and how many families were torn apart by these murderous cowards. i want to show you some video from this morning's ceremony, how older, at ground sere -- howard, because it crystallized how much time has gone by and and the victims' legacies live on. these two boys weren't even aa live when 9/11 happened, but their grandparents were. the red-headed boy on the left, his grandfather worked in the world trade center, but that little boy's parent was just a child when rick dieded. so how 23 years later do you view the resilience that survivors had to to show by plowing ahead with life fatherless and motherless despite the tragedies? >> so we wanted to take care of the families and, you know, the families by pulling hem together and having them be part of our family, i think, really, are really mattered. the canton to have fitzgerald relief fund -- can forfeits -- cantor fits gerald leaf fund

where families knew they could rely on us. we unfortunatelied every kid -- offered every kid of someone who got killed a job, a place where they could go where people would care for them and, you know, i've been hiring -- this week, this week we hired a young woman who just graduated college, and, or you know, she took the summer off, of course -- [laughter] but she just graduated college, and she was, you know, just -- pregnant, their mother was pregnant with her on 9/11. how unbelievably cool is that? and they joined cantor fitzgerald as par of our family -- part of our family. really i can't be more proud. liz: that is the truly legacy, i think, of what you were able to do to survive -- save the company p. more than half of your employees were killed on that day. it's just unbelievable. talk about today because that's the happy part of all of this. you had some big celebrities. who's been there making the trades? >> well, you know, so i

explained to all the celebrities who come in you look at this trading floor behind us, that's the trading floor that was on 101-10 a, and on that tragic day 23 years ago, all those people got killed, that that's the 658 of our 9600 employees who got killed. so the celebrities come in, mcconaughey, jalen brunson, j.d. vance came after going to the memorial, he came up. bill clinton came. i mean, so we have just an incredible group of people. we have giants, we have jets, we have yankees, we have, of course, rangers. everybody comes, movie stars. it's amazing because what they understand is these people here, they understand the people who got killed because it was like them, just once upon a time, and they're all here to raise money for charity and do the right thing. and it's so -- it's empowering. it's exciting. our clients just pour in the money, pour in the business and really it makes us feel, it takes the worst day -- and let's

be clear, this is the worst day because america needs to understand. of they knead to get rid of -- need to get rid of jihad on this earth. we can't have people ever suffer the way our families suffer. i lost my brother, grey -- gary, i lost my best friend. i don't want this to happen to another family. we do this try to remember, to try to take care of so many different people and, liz, i deeply appreciate you having me on, we want to make the point that we've got to get rid of jihad. both these candidates, i know donald trump has committed to to it, i'd like to see kamala harris commit to getting rid of jihad. don't say she wants to listen to other people's names, just say i'm going to crush jihad. donald trump has said it, i want to hear kamala harris say it. liz: yeah, i don't blame you. and, you know, you brought it up, you have been suddenly becoming very much the trump supporter but also a big fundraiser for donald trump. give me a sense of how you feel

he did last night and how wall street is looking at both of these candidates. >> well, i mean, the first question was a good example. are you better off hand you were four years ago a, and kamala harris told us a lovely story of her upbringing. she didn't want to talk about inflation being up 50, you know, the price of groceries, gas being double, the inflation reduction act was really the correct inflation explosion act. she just ran away from it. she was like she always was, a a lawyer. she did her arguments, she studied them, she knew what they were. she was going to say them irrespective of what the question was. and so i thought donald trump, he did a good job. she outperformed. i thought she performed reasonably well. of donald trump made all his points, he said them all but, you know, you can't say them the all. i mean, why is the board end open -- border open in what country doesn't have a closed border? what's the point of a country without a border? it makes crazy -- and my fear,

god knows my fear is that terrorists have come into this country, and they're going to attack us again. and i never want min to suffer the way we did. i just don't want it, and i wish they'd just close the border and get these people the heck out of here. liz: as you look and see what the terrorists wanted to do 23 years ago, they wanted to destroy the jewel of new york and our country and that, of course, is wall street. the markets have been so incredibly resilient. i want you to put on your markets hat for a second here, howard. you've always been a fan of the u.s. dollar. it's at a 3-week high. it's gotten weak here and there over the past couple of to months. what do you look at as a great sort of investment especially considering the fact that the fed is probably going to cut interest rates for the first time in more than a year come september 19th? >> okay, so the dollar is a child of interest rates, okay? just make sure how the u.s. goes in interest rate, so goes the dollar. so when they're talking about four rate cuts for the rest of the year, right? lower interest rates means people don't want to hold the

dollar. they want to go somewhere else. comparatively, higher interest rates. so why is the dollar rallying? because we know there's no way there's four cuts in the rest of this year. there's one cut in september, probably 25 the basis points. as i said before with you to to show up politically, just before the election, but they're not going to do anything else until after this one rate cut, so i think that's why the dollar's rallying. people understand the fed is not cutting four times this year. no way. liz: the markets did really well during donald trump and have done really well under joe biden. in fact, the s&p, dow, nasdaq are all up double-digit percentages both since biden became president and his inauguration. both election and inauguration. but give me a sense of whether the market really even pays attention to who's president. >> well, the market does pay attention to who's president because they know the long-term effects.

the market tends to have a short-term bump against the long-term impact. so i think if kamala harris were elected, the market would run into a very negative cycle. so you had donald trump -- liz: you know, people said that, some people said that about donald trump, and it didn't happen. the markets performed brilliantly -- >> well, i didn't say it though. you remember i went on tv right away and said you have no idea how good this is going to be for the markets. 16 up for his year, 16% a year. joe biden did pretty well, up 12% a year. you know, i just don't think that's what happens if kamala harris gets elected. i think -- she wants to tax the unrealized capital gains. all the founders have to sell everything they own. who's the buyer? i think what that means is the stock market goes down. so i think people will realize it, they'll get a handle on it. i saw a cnn poll just before i came on which said -- i don't mean to talk about cnn, sorry -- [laughter] but that said that trump, that

trump made clear points on the economy, and he was up substantially when discussing the economy on the poll last night. and i think these are the kind of topics, inflation, the economy and immigration are the three fundamental points he hit on them again and again and again. and i think that's what's going to resonate with the voters when it comes to november. liz: howard, on this very solemn day or, we appreciate you always coming on. we will never forget, and that you can be sure. we're sending a lot of love to the families of survivors of cantor fitzgerald. and, by the way, we've got some pictures of some of the celebrities wore answering the phones here right there on the floor. [laughter] that must have been so much fun. >> it's so much fun. but with, liz, we deeply appreciate your support all these so many years and your friendship. and i just want to tell you and your colleagues at fox that i deeply appreciate it, so thank you so much for always being with us. liz: you bet, howard. thank you so much to to you. >> full stop for gamestop

investors, the stock plunging after a mixed second quarter earnings report. we're going to tell you why investors are slamming the sell button. and later, we're not done talking about the economic implications and, of course, what about crypto? democratic supporter and bitcoin bull mike novogratz is here. crypto wasn't even mentioned once last night during the debate. we'll get the galaxy digital holdings founder and ceo to drill into last night's debate and find out if he's got if a plan to mine some crypto love from the democrats. "the claman countdown" is coming right back. stay tuned. ♪ ♪

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liz: fox business alert, so i promised you we'd tell you what really may have sparked the markets to come back here.

the nasdaq's the best example of this, right now it's up 26 the 7 points. -- 267. high of the session at this moment. it has seen a 527-point swing from trough to peak, and you could point to one company making the biggest impact on its exit from the red earlier in the day. shares of a.i. chipmaker nvidia are climbing, and this gain of about 6.66% is really what's hauling most of the nasdaq higher and, quite frankly, a lot of the broader market. nvidia's gaining $7.26, it's at the top of the nasdaq leaderboard after ceo jensen huang detailed at a goldman sachs conference this morning that the company's supply and demand picture looks confident. he statehe demand is so great that nvidia is scrambling to the catch up and meet customers' needs. the invid -- nvidia ceo said customer relations have become tense in some places amid the

supply shortage. you could look at that as a good thing where customers are saying, can i jump the line? i need these chips. they are best in quality here. another supply and demand story that's driving market action, albemarle is up 13.5% on pace for its largest percent increase since november of 2020. this on a report that the world's largest ev battery maker, china's cafl, plans to suspend some of its production if based on slowing market conditions. so why are alba marl and other lithium minors, why are they rising on this news? barron's surmises lithium mine jrs are sensitive to a market bottom and the news there is an indicator9 that the worst is at least here or behind the sector. buyers of gamestop nowhere to be found at this hour. shares of the meme stock are plummeting 15% after the video game retailer reported a bigger

than expected year-over-year revenue drop of 31%. gamestop did swing to the profit in the quarter, but the disappointing sales results paired with this recently announced plan to sell up to the 20 million shares, all a those issues are overshadowing any slivers of sun shein on the stock. right now with shares at $19.96, okay, $19, they have gained 36% over the past year, but they are nowhere near the all-time high of $121 back in january of 2021. and solar stocks are having their day in the sun. first solar rising to the top of the s&p 500, gaining 13.5% after last night's presidential debate. analysts are speculating that the move in solar comes after some polls indicated vice president kamala harris a appears to have come out on top during the can faceoff. of course, kamala harris and joe biden have pushed the green new deal. a lot of that is trying to transition to solar energy, so you've got sun run moving higher

by 10 percent and sunova up 8.25%. falling treasury yields, so that is helping to boost the sector, and, by the way, it is the not just solar. many sectors are reacting at this hour to the trump-harris debate. now we're going to broaden it out with our power -- political power panel. was donald trump able to take the undecideds by storm? did harris pack an economic punch? howard lutnick thinks she didn't, but what do the polls say? plus, hurricane francine about to make landfall at any moment in louisiana. we've got a live report from the bayou state on the preparations there and how bad it could get. you need to hear this when "the claman countdown "comes right back. dow is now more solidly in the green, up 38 points. ♪ ♪

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liz: breaking news, weather conditions are deteriorating off the gulf coast as hurricane francine takes amendment at louisiana. we've got it -- takes aim at louisiana. this is a category one storm that is swirling 90 miles southwest of morgan city and could make landfall by early evening. a large stretch the of the gulf coast -- not just louisiana -- is now under hurricane and storm surge warnings, and fox weather meteorologists are telling us residents shuled expect widespread power out annals, significant flooding, life-threatening storm surges

and property damage. as much as a foot of rain is expected combined with a storm surge of up to 10 feet. we should look at west texas intermediate oil which yesterday dropped the a 3-year low is now rising over fierce of disruption to the energy markets -- fierce of disruption. crude at the moment up 2 to $67.15. length is up 1.8% at the moment in the after-market session. never one to stare down the eye of a storm, fox weather's robert ray is ready for whatever francine brings, you're live in huma, louisiana. tell me what we're looking at right now and what is expected here. >> reporter: yeah, liz, homa, louisiana, right now we just got some heavy rain bands that have begun to come in. i was just looking at a radar, that's why i walked into the shot at that point of. indeed, this is the ebb and flow that we've been experiencing. but in the next hour is when the show will begin, so to speak here at the east side, the dirty

side will make its way into homa, and it's going to get quite violent for a couple hours, unfortunately. the actual landfall of the storm will probably be in the next 2-3 hours, but this dirty side is what we're beginning to the see with these heavy rains. and we've been experiencing that all day long. you know, here's the problem, about 15 miles south of where we are at right now, the road basically ends. and it becomes just open marshes. and that water that's pushing up from the gulf of mexico is the big concern here as power outages will be widespread not only here in homa, but up into new orleans potentially baton rouge and even mississippi as this storm makes its way in. the national guard has been activated, up to the 25 members the governor's put into place, and they will go into scenarios and try to help people. there are swift boats that are ready to go and rescue people, but here in homa curfew has been in place since noon central time, will be in place all the

way until tomorrow. now, wind field along with the rain will really begin to kick up. and i just want us to take a look, if we can, and the has economic implications as a well. look at the aerial video of coastal louisiana, liz and everyone. you see from the air tow actual fragile this state is, the hundreds of miles of coastline. you know, this is an ole-rich state, and we know that that's a lot of the money is made here and, you knowing or pushed across the globe from the oil pipelines and all the work that's being done offshore. and so when that gets interrupted, you know, there are people that have losses. and so all the money that's been put into the coastline to shore it up, to try and create speed bumps for these hurricanes, we'll see how that goes, this one, as the system is mistaking etc. way through. nonetheless, there's going to be significant power outages and a potential for storm surge on the coastline 7-10 feet. that's a very dangerous position

to be in, and that is why we are inland as much as we possibly can here in homa. liz? liz: stay safe in homa, louisiana. robert, thank you very much. folk weather, by the way, tracking -- fox weather, by the way, tracking every minute of the hurricane here. get your updates every minute, we're 24 hours. fox weather on fox business from 5-6 a.m. eastern live. we've got this fox business alert, after an eventual presidential -- eventful presidential debate between donald trump and kamala harris in philadelphia last night, investors are betting on democratic nominee hearst to take the white house -- harris to take the white house in november after her performer -- performance, rather, which has sent health insurance stocks tunnel the tumbling. travelers and united health group are the two biggest losers on the dow jones industrials. humana, affleck, all down -- after lack -- aflac down 2-5%.

how reliable are flash poll, and who really has the upper hand when it comes to business sectors and money? joining me now, former obama campaign fund riser raj goil along with gop strategist and former u.s. senate candidate in new york, joe pinion. fund raising since the debate, and i know it's only been a couple of hours, but, joe, have you heard anything about what the trump campaign has done? >> well, look, not much figures yet, but i do think wall street is taking notice. everything from the solar stocks to the health care stock stocks, i think reflective of that conversation yesterday. in some ways, the market might be overlooking some of the unintended consequences of a harris presidency, namely the fact that on one hand she says she wants to go away from the tariffs, on the other, get rid of some of the tax breaks for the wealthier or corporate indexes. both of those things, by the way, is what's driving some of those jobs and for manufacturing for solar coming back to the united states of america.

that's just one instance of where this kind of mishmash message of the kamala that was versus the kamala she's trying to offer up on the to be in the future creates a lot of confusion in the marketplace. liz raj, markets are higher today, but i don't know if you heard my conversation with howard lutnick. time after time nugget president trump presidency -- during the president trump presidency, the markets made lots of record highs. same with joe biden. so the markets are going to do what the markets are going to do, right? that said, how do you view these two candidates? >> two things. i think kamala harris had a fantastic night. i saw a lot of the conservative media almost apologizing for former president trump's performance and, look, you know, at the end of the day i've been doing politics for 30 years, the only poll that matters is on election day. kamala harris and tim walz should run like their 20 -- they're 20 points back. i did a little research before coming on the show, thanks for having me, and democratic stock

market performance is 63% better on average than republican stock market performance. as you said, maybe that's the president, maybe t it's not, but my 401(k)'s doing better. i think the market's been booming under the biden-harris administration, so of course individual stocks are impacted. solar's probably doing better. liz: well, it definitely is. by the way, sometimes the reaso- [laughter] it is true about democratic presidents and the market doing better, sometimes that's because there's gridlock in congress so people are held to account. let's talk about health care. a occupy -- couple of issues that matter to our viewers. health care. now, last night the moderator, david move of abc, brought up -- david muir, brought up that the gop if tried to get rid of obamacare 60 times, they were not successful. he asked trump about the fact that while they've left it in place, what is his plan, joe? let's listen and then you'll hear kamala harris' comment and then we'll discuss. >> i had a choice the make, do i save it and make it as good as

it can be, or do i let it rot. and i saved it. i did the right thing. but it's still never going to be great, and it's too expensive for people. and what we will do is we're looking at different plans. if we can come up with a plan that's going to cost our people, our population less money and be better health care than obamacare, then i would absolutely do it. but until then, i'd run it as good as it can be run. >> so just a yes or no, you still do not have a plan. >> i have concepts of a plan. >> i don't have to tell people watching tonight, do you remember what that was like? remember when an insurance company if could deny if a child had asthma, if someone was a breast cancer survivor, if a grandparent had diabetes? and, thank friday, as i've -- thank flicker as i've been vice president and we over the the last four years have strengthed the affordable care act, we have allowed medicare, for the first time, to negotiate drug prices on behalf of you, the american people. donald trump said he was going

to to allow medicare to negotiate drug prices, never did. we did. and we have capped the cost of insulin at $35 a month. since i've been vice president, we have capped the cost of prescription medication case for seniorings at $2,000 a year, and when i am president, we will do that for all people. liz: joe, donald trump said i have a concept at the moment. what do you think it is? we're waiting on policy and, by the way, that goes for kamala harris too. we have broad strokes, we need to see the fine print. >> well, look, i think the big problem that we have here on specific issues whether it's health care from president trump or just basic economic issues from kamala harris, we have not seen the building blocks of a plan. i think the biggest issue republicans had from the beginning going back to when they tried to the repeal the affordable care act, there was the fat repeal, skinny repeal, grant-cassidy repeal, nub of those worked. the american people want to make sure they cannot be denied

coverage because of pre-existing conditions. that is not going away. as you see what's happening with the health care stocks, the concern is the old version of kamala harris wanted to go to a single-payer health care. and so now the issue is are you going to end up seeing the explosion of costs for health care if you're looking at a americans struggling to pay for $5000 emergencies, not having the 401(k)? i think that becomes the issue. are her policies going to put more strain on a middle class with over a trillion the dollars in personal credit card debt. liz: i'm not sure americans' hearts are bleeding for insurance companies -- [laughter] so when we see the stocks down, but as a business network, we're watching that, seeing exactly what happens. what about that? kamala harris had said initially that she was with bernie sanders on single-payer. >> i'm so glad you played that clip. i thought in a might of a lot of gibberish from president trump, that was maybe peak gibberish. he literally said i have a concept of a plan. no one has any idea what he's talking about. kamala harris you said, hey, she needs to put more meat on the

bone, she's done it. she was vice president, has been for four years where she cast vote after vote in the nat to protect and strengthen obamacare which is popular with the american people, and you didn't play in that a clip inlin prices, doctor -- insulin prices. that is strangling america's families, and the fact is this biden-harris -- liz: that was in there, actually. >> yeah. i mean, the only thing i would say to that quickly, yes, i think kamala harris and president biden are done things that are popular, and we should acknowledge they've done things that have helped americans. this cherry picking of when she wants to take credit for the record and when she wants to run away from the record, that becomes the issue, i think, trying to decipher which version of kamala harris -- liz: you guys are a really good pair here. give me your last thought. >> sure. i think kamala harris' and tim walz's vision is winning across the country. she's still the underdog, but i think she's going to put it in november.

liz: great to have you back. >> thank you so much. liz: please come back. s in next couple of weeks, we're going of to hear from you both again. thank you very much. conspicuous toly missing from last night's debate, the b-word, bitcoin. donald trumps has said he is all in on cryptocurrency, but vice president kamala harris has yet to detail her policy position. democratic backer and crypto acolyte mike novogratz is here live on whether he's made his crypto-curious interests moan to the democratic nominee and what he wants to hear sooner rather than later on digital money. that's next on "the claman countdown." ♪ ♪

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liz: breaking news, take a look at google shares. they're moving higher by 1.25, near session highs at this hour even after some damning evidence that was revealed at the tech giant's antitrust trial. according to prosecutors, a google executive told colleagues back in 2009 that the goal for its new online advertising

business was to, quote, crush competition. end quote. the u.s. is working really hard to prove that google is a monopoly when it comes to the ad tech market. google denies the allegations. who among us hasn't said we wanted to crush competition in whatever -- [laughter] i know we've said it here at fox business. let's get to to crypto prices. heavy been all over the digital map in the wake of last night's debate. just a second ago bitcoin went into positive territory but, again, right now it is down for the moment in the wake of last night's debate. the 2-day picture of bitcoin shows that the crypto of record was with up most of tuesday, but then last night when it became apparent that not just bitcoin, but digital money -- ether, litecoin, doge, was not going to be a debate topic, the december appointment drag kicked in. -- disappointment drag kicked in. while president trump has stated his intention to make america, quote, the crypto capital of the planet, back in july he said

that, vice president kamala harris has yet to take a firm stance on digital currency. this as the crypto faithful are fast becoming a potentially crucial voting bloc. joining us now in a fox business ebbs choosive is one of the members, i'm sure, galaxy digital the founder and ceo mike novogratz. mike, how disappoint if -- did you even think that a bitcoin or crypto was going to come up during the debate last night? >> i didn't, actually. i thought maybe, you know, technology would come up, right? innovation would come up, a.i., and crypto would be brought into that conversation, but it's the really interesting, right? if you think about a.i. and crypto, like, the technologies are going to drive our country in the next ten years, neither candidate spoke about them. you know, the moderators didn't ask the questions, so, you know, the quality of the debate, i think, needs to improve in american politics. where we focus on things that make a difference. crypto prices went down last

night because trump got walloped, and trump has come out and said unbelievablies positive things for our -- unbelievably positive things for our industry. if there's a trump presidency, we're going to have a really bullish environment for not just bitcoin, but crypto assets in general. and the harris position is not clear yet. heavy come out and said we're -- they've come out and said we're not going to be anti-crypto, we're going to be a crypto administration, but no details yet. liz: okay, you know people in the democratic party. have you reached out? have you tried to to get somebody's ear, and what if, if you have, have you said to them, and what would you say if can you had kamala harris' ear? >> what i said to the democrats before kamala even got the appointment, the nominations -- the nomination was there's 70 million crypto owners in america. that's more than people that own dogs, and being the party against dogs is no smarter hand being the party against crypto.

this is just stupid politics, to be anti-crypto. elizabeth juan should be forced -- elizabeth warren should be forced to take her anti-crypto sign off her web site, and she's kind of driven biden's policy. i think harris administration will push away from that. yes, or i've been speaking to to people on the policy side. i'm doing everything i can to the make sure that crypto is well represented mt. democratic psyche -- in the democratic psyche. and i think, quite frankly, if she hadn't had such a huge coronation and all the a excitement, it's allowed her to not have to pivot on and make decisions. right? she has so much momentum in fund raising and in just her convention speech was a 10 out of 10, her performance last night was amazing. certainly relative to trump's performance, which was horrible. and so it's allowing her not to commit on policies until she gets elected. liz: well, i don't know, i don't know if voters are going to

allow that. they might not be as generous and especially considering the first question david muir asked, are you better off before or now from the biden administration, i mean, mike, i can't even say she danced around the question. she didn't even put on shoes to dance. there was no answer to that. she went off on a completely different tangent. and so if she's doing that with crypto, doesn't that make a guy like you concerned? >> listen, you -- i mean, if i was a single-issue voter, trump's a pretty easy guy to say, hey, great, he's going to be great for crypto. he came out and said he'll talk about a national reserve, he'll pass a stable coin bill and a market infrastructure bill. you know, what's interesting is the market's moving that way anyway. today the sec came out, hasn't hit the paper, you know, the main maintains yet, but they made a ruling that's going to allow one of the big banks, my guess is bank of new york, to the start participating in custody. they have this thing 121 where

you were in a a custody of crypto, you had to put it on your balance sheet as an asset. which was an idiotic rule. it's going to allow banking into clip decustody which is going to allow more and more big companies to the start participating. that's the way the trade is moving. we don't need at lot from washington, need a market infrastructure bill, we need a stable coin bill, we need fair accounting rules, and we need the banks to be able to own crypto on their balance sheet. liz: yeah. >> with those four things we don't have to go back to d.c. the crypto industry will flourish. liz: 21st century stuff that's going to support this economy and, as you said, much of it didn't even come up. mike, please come back. thank you so much. >> thanks, liz. liz: mike novogratz of galaxy digital. dow jones industrials gaining 43 points, nasdaq the and the s&p and the russell are in the green. ♪ ♪

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shares and they're off the lows of the session. down about 10 and a third down to $16.77. on the left hand side here, much lower but the rest of the mark has been struggle today and

coming back so coming back with the rest of the bond market and signaling investors may not be so phased by donald trump's performance last night as originally thought. get to charlie gasparino that's been watching the so called trump trade. >> listen, i watched the whole thing. dogs, cats and all, and i can't help it myself. i have dogs, you mention dogs and i'm looking down. liz: we have big issues in this economy, ai regulation and the economy. >> you're right. donald trump is a crude instrument and often gets in the debate and dialogue on the issues by bringing stuff up crudely and kind of what he did with the dogs and cats and people are now talking about this town of springfield, ohio, which i never heard of of 60,000, that basically is trying to digest 20,000 migrants.

the initial reaction was that trump lost and he looked flustered and she scored rhetorical points and did better at the end and the beginning and the did not pull a joe bind. the initial reaction was that she might have won this with this debate. and therefore the trump trade was off. buying certain stocks with financials and other stocks and you name it. energy stocks, and the market's traded off dramatically and the trump trade manifested itself in djt shares. if you think he's going to be elected, you'll buy the stock. that's not a reason but telling you what the trade means. then things went in reverse. markets came back and got to -- liz: 700 points for the best. >> now up 1800 points. liz: tech is the leader and nvidia and ceo of nvidia came

out and suddenly intel is up. arm is up, nvidia. >> i think a corporate tax cut is good for tech. that's what donald trump represents and not kamala. the corporate tax cut of the trump era issue the trump tax cuts expire, which they do next year. i that's one of the reasons and underlying reason. never only one reason markets trade off. we had a cpi read that was hotter than people expected but this trump trade is read. and if you notice djt stock came back. now, why was that? well, the flash polls are shows that trump may have lost by points, but kamala harris didn't really win over independents. those polls are real. liz: undecideds, yeah. >> yeah, trump trade is back on. what's interest asking there's a trump trade. there's no doubt.

never one reason to buy a stock. djt is reflective of that. again, i'm going to tell everybody, don't buy the stock because you think, you know, you're being really careful with this stock. if you like donald trump, you want to give him a campaign contribution, give him one. the stock is problematic still. anyway. by the way, he might even sell the stock. liz: he's allowed to soon. stuart: yeah. liz: charlie, thank you. >> cats and all. liz: look at generic grocery brands. 3 house foods and grocery outlet and kraft are moverring lower and maybe because of amazon announced it's launched a private label food brand. amazon saver. e commerce giant says most items will be priced under $5 and will be available in store and online. count down closer said this is yet another reason he loves amazon for his client's portfolios. he's gradian investments mover.

amazon getting a nice move and what do you love about this announcement? >> i think it continues to show you that amazon knows how to expand their offerings and famous say asking your margin is our opportunity and that's proof in point again here. amazon has a rate retail business and they have a great technology business. they're really striking buyers in two hot areas right now so, you know, that's why we like it here. liz: yeah and target as well. what's your target play? why that name? >> well, consumer spend is slowing down and looking for value and not discounted deep value. liz: but wal-mart and things are fantastic. people are looking for that, aren't they? >> the performance of the dollar stores are missing estimates and not doing dollar tree and general, they've all struggled a bit.

you know, target underperformed costco and wal-mart and thee all three fit into what the consumer is looking for right now. target underperformed wal-mart and costco and last quarter was a step in the right direction and getting execution on demand and going 14 times next year's earnings and we own costco, wal-mart and target, but i'd step into target today and if you wanted to step into costco and wal-mart, i'd wait for a pull back. target i'd buy today. liz: great to have you. mike binger, the dow up 909 points from the low to the high and looks to close up about 152 points. s&p, nasdaq and russell in the green. that's it for the "claman countdown". kudlow is next. larry: hello, folks. welcome to kudlow. i'm larry kudl