modern times. lauren: all wrong. stuart: john quincy adams, rutherford b hayes, benjamin harrison, george w. bush and donald trump all lost the popular vote but won the election. now we know. none of us looked it up. i had a bad two weeks. stuart: especially mark, the markets are in the green. see what israel has done, the price of oil is below $70 a barrel. a quick check of the treasury, yield is 3.78%. it's yours. neil: you are right.

israel's response to the missile attacks on iran is going to judge the tone of the market sample drive market activity for some time to come. oil prices whether you are talking west texas intermediate, the oil we use in the united states, very popular in europe, running up but not as far as they were, up 2% going into morning trading, nothing like that now. by and large we've seen 5% pickup in oil prices over the last 24 to 36 hours. a lot is coming down to the united nations right now. the united nations reunited response, it has been focusing of late on what israel could do in response to that activity yesterday. >> reporter: there's indication that israel will respond at some point.

holding iran to account but russia and china criticizing israel. the security council meeting beginning, he's urging the united nations security council condemn iran for its ballistic missile attacks against the jewish state anticipating israel will retaliate. the un ambassador thomas greenfield did blame iran directly for its attacks and support of hamas and hezbollah. she said israel has the right to defend itself and says the us does have his relapse back. >> there should be no doubt the united states will continue to support israel's right to defend itself against hezbollah, hamas, the houthis and any other iranian supported terrorists. >> reporter: they are demanding the international community hold iran responsible saying

israel has acted and reacted according to international law. tehran's claims that it was only targeting israeli military sites. the islamic revolutionary guard should be designated a terrorist organization and before the meeting hinted that israel will strike back. >> israel will not stand by in the face of such aggression. israel will respond. our response will be decisive. it will be painful. >> anthony gutierrez from entering the country, declared a persona non grata because after the iranian ballistic missile attack, he called for de-escalation and cease fire but today in his or marks this morning, he did say he condemns iran and hezbollah but criticized israel for its actions.

neil: to the point eric just mentioned, general gutierrez, the secretary-general, went after israel post the iran attacks, israel conducted the most deadly and destructive military campaign, the second general comment, suffering endured by the palestinian people in gaza is beyond imagination. no reference there and for a good chunk of his remarks to iran and its missile attack. the north dakota senator, what he makes of this, the lopsided view in the united nations, that is pretty black-and-white. what did you make of it? >> it is awful and i hope going to the united nations and making comments. nor how the united states backed israel.

they are followed by but, unequivocal with but is not unequivocal. it out to be the united nations position but it is not. i think we have to listen and ignore. neil: there's been a pop up in prices with growing fears on escalation of hostilities. you know better than i, in the last couple trading days, do you agree with that? >> it's their emotional response. the big response, the attack on

oil assets, on further sanctions that would be enforced. neil: you support going after it -- iranian oil sources, the impact of the global oil markets akin to the 1970s. >> we have to do it surgically, wouldn't take out what they have. we start with enforcing sanctions and go about a refinery to defeating the other enemies. we are in this pose if an because when president biden became president he lifted the sanctions, unleashed to the ability to produce oil and even with sanctions, they've been shipping oil on the black market into the teapot, china and themselves. russia is so brazen, they filed

their roots and sanction two countries willing to pay for it. this is inspiring them, it is time to get stronger. taking oil asset in iran which sends a message that is fully around. this is not unequivocal. neil: and i get your view how the administration is handling this? we were instrumental in helping the israelis shoot down 180 missiles. we were not notified about the hezbollah attack, there are different reports but we were in the dark on that. how the administration, is standing behind it. >> moments add up to a long

time frames, the moment has to be the norm, not the exception. if we have intel, it's a great to defend if an attack happens but we have to defend israel 100%. the only cease-fire would be over to tehran if we leave it. we have to make it clear we are not just the go she aiding from a position of weakness, the time has come for significant action. i'm talking about de-escalation that involves us acting stronger. so that our enemies fear the united states and our allies. stuart: neil: good seeing you even under these circumstances. a key player in this is from lucas stadium. it's ubiquitous with cool stuff. not so cool in the oil market these days, maybe for you and

seeing an uptick in prices. it's your livelihood and i'm wondering what you make of what is going on. >> for us as a company, we purchase finished product. the target moves a little faster. and -- neil: is this overdone? >> there's a lot of knee-jerk reaction but for us we have to have it and be efficient as a company to allow for changes that happen that help our customers out. neil: i can understand the rationale, taking iranian oil positions that might be a smart strategy to decapitate iran, oil prices globally would sort. it does it have a double-edged sword to it?

>> and and we are producing it domestically. and we should be more -- neil: are more reliant on these developments. we need -- lauren: 1 all types. let me ask you about that. there's the demand issue and increasing signs. stellantis with disappointing sales numbers. a little less than some hoped and some of these auto guys are coming out, not across the board but slowing. given that, the agencies

reporting declining demand globally. what are we in for? >> a lot of smoke and mirrors in this situation. it involves petroleum products. when you consider the demand is still there. it is too much government intervention. i am a free market kind of guy. neil: average folks decide where this goes. >> there's a lot of controversy. there's a place for both to be honest. of people want to drive a smart car, that's great. it is a fun car to drive. neil: it is similar to traditional gas powered cars as well. the bigger picture is demand could slow. slow does not mean reversing but i want your thought with

that and a possible port strike coming. what are we in for economically? some people say inflation all over again. stagflation possibly. >> as i said before, depends how long this lasts. if you look out west, automation was implemented. we know how bad this can affect our space. for this to happen it seems much more a green stance than anything but i'm not living that life. neil: who knows about the union stopping it on the automation, you can't stop progress, they are trying to slow it but come in to stop it already. >> i completely think it is unrealistic. in our company, it's an opportunity. we didn't have to lay any employees off. we are more efficient. i see that as a horrible argument.

neil: good seeing you. robert ray following another development that is far bigger, the economic impact of other developments, the fallout from helene just gets worse and more tragic by the day including a big jump in the death toll. in north carolina where robert is, what can you tell us? >> black mountain, north carolina at a makeshift distribution center outdoor aid being devon to all who are cut off. and lines of vehicles coming in. the visuals from north carolina, the line of vehicles for you. out of washington dc.

the federal government decided to activate 1000 active-duty soldiers to help that in the aid operations, and and the cars waiting for nourishment, and all over these areas, you are in and out of 0 or it depends on where you are, there's no running water and these beautiful mountains behind me, people are cut off from civilization and still active search and rescue situation going on in the area and in the ground. other agencies looking for people as the death toll

continues to rise as far as roadways, and getting it into these places, and through this process, this is the first day, we feel the change as far as aid goes, we are not in recovery, and this is search and rescue, we are days away until a recovery turn can be used and this area is going to be in bad condition for years to come, more than a million customers, in power across multiple states. that is worked very hard by all the linemen from all over the country to try to get that electricity back. communications need to get better,

>> they are unaccounted for. how stable and accurate they are if they could go higher. great reporting on that. we all need that. we are going to be hearing a lot more about the strike going on all along the east coast and the golfer. west coast ports, the fact of the matter is what is happening at the port of newark and new york is the scene of what argue could be a very entrenched and long-lasting strike. we will explore and explain after this. ♪ ♪ we are not going to take it ♪ we are not going to take it ♪ we are not going to take it anymore ♪

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it's our son, he is always up in our business.

it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. neil: you have to go back to jimmy carter to see a strike of this magnitude. national swordsman across the east coast and the gulf coast are striking right now.

47,000 known but there could be sympathy strikes that could double that number. jeff flock is at the port of newark where this is day 2. >> reporter: they don't do it very often the longshoreman but when they do what they do it in a big way. unlikely uaw strike which was not long ago. a lot of those, that was a targeted strike. they struck specific locations. they struck all the ports. this is the largest strike from new york and new jersey. the shippers were testing their resolve. my estimation is the resolve is strong and they are pretty loud and they are getting support from a lot of locations in addition from the biden administration and the person of the president himself injecting labor secretary and transportation secretary. early this morning truckers in a large caravan, you might

think truckers wouldn't be supportive of the strikers because after a few days when the loads that are delivered the truckers aren't going to have anything to do but it seems truckers are behind them. you can hear in the background the international longshoremen's association is grateful for the support. as to where the shipping stands look at a picture we have of the ships that are in coming to the atlantic and gulf ports. we are told by those who know that 120 ships are en route. they've got nowhere to go and at the moment the ships shutdown. this strike, in contrast to the uaw strike, fewer people being on strike, those folks that

were on strike were the benefits of a strike the union has set up so the workers not working were getting paid. folks that you see right here are not getting paid. despite that, they still seem fairly strong. fair wages, says the man with the bullhorn, they say fair wages are in excess of 70% over the life of the contract. the shippers offered 50%. right now we are at a dead impasse. neil: you are an amazingly focused individual. if that were me i would say i quit this report midstream, back to you. this is going to go on. one thing they are talking about is a 70% wage hike they are demanding and they say that was spurred on by what the longshoremen were getting on the west coast. that was 50% when all is said and done.

they settled their issues last year. where this goes and how much it continues to disrupt the supply-chain you heard about all these tankers that have nowhere to go so they sit and stew outside a lot of these ports. if you live in a coastal community you will have little trouble seeing them from the road. the vice president supply chain at retail industry leaders association, i know some big retailers were doing a lot of buying and planning fearing that a strike could go on and last a while. what can you tell us? >> this is something, for years and years as opposed to other disruptions, a lot of runway for retailers to plan, to prepare for this.

talking to retailers, shifted their shipments to west coast ports, repositioning to ensure they get the goods they want. neil: and a lot of needed supplies and materials for those communities, a 1-numtwo punch. >> these ports are critically important on the eastern gulf coast, 14 ports covered in the master contract negotiation including 6 of the 10 busiest port in the united states. 13 million containers went through these ports, upwards of 588 billion imports. significant volume of commerce

but all kinds of merchandise many of which are sitting in port right now, and available to be picked up. as you showed in the graphic, tens of thousands of containers en route to the ports that will be unable to offload and get to their destinations. neil: is there a cool head solution to this, go ahead and get an 80 date cooling off period, the president rejected that but might have no choice, not to make a big election issue. what do you see happening? >> they have installed several months. the expiration date on the calendar for quite some time. there was discussion finally in the waning hours, both sides moved a bit on their demands but haven't found common ground yet.

they continue these negotiations and get the ports reopened so we can get supply gateways operation lined in sports and exports continue to flow. neil: a lot of goods will be there for santa's lay. a couple big retails paris bought and preplanned for this. in thanksgiving and christmas they will be covered for that. don't know if they were fully covered but the hit to them won't be as severe but you are inclined to do a lot of shopping to consult santa and see what he's doing. there might be venues you can try out. too soon to say of this drags on. the backdrop remains surprisingly strong. we have a private payroll report out, one hundred 44,000 more jobs. a lot stronger than expected.

the underpinnings going into all this fallout from the deadly hurricane to say nothing of workers strike, the backdrop for the american economy itself is pretty solid after this. ♪ welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that's why it's more than advice worth listening to. it's advice worth talking about. ameriprise financial.

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>> honestly i think you've got a tough job because you've got to play workable, you've got to pretend donald trump didn't deliver rising take-home pay which he did, you've got to pretend donald trump didn't deliver lower inflation which of course he did and you simultaneously got to defend kamala harris's atrocious economic record which made gas, groceries and housing unaffordable for american citizens. we are pro-women, pro-freedom to make your own choice. we know what the implications are to not be that. women having miscarriages, women not getting the care, physicians feeling they may be prosecuted for providing that care. neil: polls all over the map, most showing j.d. vance got the better of his opponent but both sides claiming they been raising a bunch of docents the debate on the republican side, the democratic side. might get some firmer numbers later on today.

bob q sectors the hill editor-in-chief. never know debates themselves move the needle let alone the vice president a one but what do you think? >> i think vance did well. i think he won. i don't think big haymaker landed but vance won on points, polished, good debater. tim walz struggled on foreign policy. they both had their moments. when you think about september, september was a good month for democrats, putting the disarray behind them, having harris as the nominee. october has started very good for republicans, this debate, chaos in the middle east, the cleanup in north carolina. in october if this continues, that will bode well for republicans, they are facing a number of crazies. neil: and at the same time you and i are old enough to remember october surprises and we could have several of them,

the middle east crisis could widen significantly looking at his relapse response to the irani missile attack, the ongoing port strike which in 1977 walloped the economy as it dragged on and on. a lot of issues could be double the administration and the white house in general and kamala harris is trying to hang onto the white house for democrats. i'm surprised by president biden not indicating he will enforce a cooling period for both sides to take the 80 days to iron out a solution but he must be aware of the political fallout. >> tough spot for the administration, from the headlines they crack down on the border, headlines have been better, they waited too long to do that. the rate of inflation is going down but the strike could

change that and hurt supply-chain and this would be happening at a disastrous time. this race is a tossup. some are overconfident. they've got to remember 26 team. harris has to be aggressive. she's being very cautious and that could cost her. neil: these polls and methodology behind them, i qualify as an expert. you hear from the trump movement, they undercount his supporters as they did back then. do you think that's going on especially in battleground states where they look dead even at virtually tied, could be understating donald trump's support. >> it could be. if you look at 2016-20 that is the case. some are saying we talk to pollsters saying they have adjusted that, but we heard

that going into 2,020 and while trump didn't win in 2020, he over performed. the national polls, it is all about the battle ground. based on 2016-20 of history as a guide, if harris is up by one in pennsylvania maybe she is down by one. neil: donald trump saw that, love vpd bait proves why he won't do a debate with kamala harris. what do you make of that? >> he still should do it based upon both campaigns have a lot of questions. donald trump advance have been more accessible. vance has gotten a lot of practice and by taking until last night, the other thing that was pleasant was it was civil, they talked policy. it wasn't childish.

neil: i was struck by the same thing. whatever people think of j.d. vance, he is gone on all venues, most of them very unfriendly and that is very good practice to get ready for a debate with a big job itself. thank you, good seeing you. the former barack obama fundraiser ceo and founder, expert on commercial properties involve arrest. we are showing private payrolls in the latest period, up 143,000. without playing politics that's a good backdrop for kamala harris. then there is the port strike, ongoing concern about oil prices going crazy if we go after iran, oil and/or nuclear facilities. a lot of worries here but the backdrop itself, what do you think? >> americans don't live statistics.

these jobs are important and a good indicator where the economy is for the moment it is about how they live and what they see and how they feel about security, the world at war essentially. we have impending strike, catastrophic hurricane that devastated parts of the country and a president who has not been engaged in addressing those issues and that is a problem for kamala harris. in my lifetime there's been one sitting vice president that stepped up to become president, george herbert walker bush. his whole program, his whole campaign was staying the course, 8 great years and i will continue those 8 great years. what harris is trying to run is a candidate of change but she has to own all the things that are happening right now in the country. if you look at her polling numbers, polling numbers leveled off and are pulling back.

david axelrod said it was a euphoric response to biden getting out and harris getting in but was unsustainable and what is happening now, she's going to level back off and you will see trump emerge as a leader in the 7 battleground states. neil: that might happen. donald trump said look for a market crash, i asked a lot of guests on that point. what will the markets do, he will be back in the white house. what do you think? >> markets look favorably on the trump presidency but they are not as pessimistic about a harris presidency because she would be a careful politician and her approach to governing would be more measured, the financial market will look at that and persuaded direction

where the country will go and where the economic policy will go and she will pick a name brand team for her financial advisors. neil: mayor eric adams doesn't look long for the political world. many thought you would be entertaining. what do you think? >> governor hochul doesn't have authority to remove eric adams, a chance to suspend for 30 days and make a case. i don't think she has appetite for that kind of fight and i don't think adams, these charges seem to be amplified. more likely to stay the course. if he got out of the race and resigned many people will look at him and i will too. neil: you answer questions clearly without political consideration and i like that.

we hear a lot of fans. the dow surrendered a good deal of its run up, getting over hundred points, i don't know whether comments out of president biden might influence this but he says he doesn't support an attack on iran's nuclear sites. we have to be cautious about that weather that is showing a kink right now among g-7 countries, israel want to go hard on this and iran doing the kind of things that warrant this type of thing. and the market impact after this. there are many ways to deliver a shipment. at old dominion freight line, we deliver them this way. this way uses technology and goes the extra mile to do things the right way.

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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great!

why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. neil: of the markets have a lot to digest. the missile attack on israel yesterday and its response, storm damage that gets worse, the deaths get more staggering by the hour. the strike going on across the country, port strikes across the east. lou basensase is here to put this in perspective. the markets are absorbing all of this but you wonder for how long. >> the telltale sign should be able holding worry beads. if we talk about this, a triple

whammy of worries, what's the cost from the hurricane and rebuilding reconstruction, escalating conflict in the middle east and oil prices rising, these are things that could cause inflation to come back but we have to look at history. these selloffs are short-lived. when i was last year on october 7th after the attack on markets, within 30 days were back to normal. neil: those hits can extend to a decade. if you look at the nasdaq, you weren't back on the money. you heard the argument again and again. >> you have to stay in the markets, and if you are an investor that overweighted, a lot of eggs in one basket, you are at more risk than someone

else. neil: tech has risen so far so fast, a disproportionate part of the portfolio. >> you should rebalance. at the end of the year you should look where your targets are supposed to be, by something that is undervalued, biotech, small caps, eor, and managing taxes the year and a day, and portfolio behavior. >> the legendary selloffs, in store for anything like that. >> i was on the show saying normally a volatile september extended into november because of a presidential election and also dealing with inflation whether it is cool, you saw the

fed act aggressively, good jobs data today, our rollover in the labor market, the big markets rollover and selloffs are opportunities to buy. the most famous billionaire said you are supposed to buy 1 in the street so have some intestinal fortitude if you make money on selloffs or ride it out. neil: let's talk interest rates, the fed is very coy what will happen after the election. say the consensus is accorded point cut. austan goolsbee says a years from now we will look at lower rates, 3.5% range. >> i was a holdout when they would start but it could get down another point. neil: in that of the woods. >> no one expected powell to pull this off because he was so wrong on the front side but on the backside he deserves credit

and i don't think anyone will give it to him but he deserves it. neil: thank you very much. another developing. politics roles on. with the crises going on kamala harris going to georgia for hurricane damage. let's get the latest on that. >> you see the trees down on this house behind me. this is an example of the damage the vice president is going to get a firsthand look at when she visits georgia later this afternoon. five days after the storm came through there are still struggling with numerous power outages, spot a cellular service and a boil water advisory. trees falling on homes and vehicles have had fatal results, the 2 dozen fatalities state wide include a 72-year-old man at his 10-year-old great grandson who died when a tree fell on a home

in agusta and an assistant fire chief in south georgia died when a tree fell on this vehicle. on monday, donald trump visited storm damage in valdosta in the southern part of the state. >> we are here to stand in solidarity with the people of georgia and all those suffering in the terrible aftermath of hurricane helene, turned out to be a big one like the biggest anyone has seen. >> reporter: resident biden approved a major disaster declaration for people in 40 one georgia counties to apply for fema assistance. the state's bipartisan congressional delegation is urging him to increase that to include 90 counties. fema has supplied half a million meals to the state and trucking in 2500 gallons of gasoline on a daily basis to alleviate fuel shortages.

governor brian kemp announced he will be suspending the state gas tax. that kicks in thursday. back to you. neil: i want to keep you posted on something concerning president biden, whether to impose sanctions on iran. is not for bombing nuclear facilities, some concern about going after oil facilities and the possibility of higher oil prices should israel do that in response to the missile attack on israel but 180 irani and missiles landing all over israel yesterday. most of them doing no harm at all.

..

neil: when it rains, it pours. we are hearing federal prosecutors told the judge they

might use additional charges against him and other people, several you related investigations going on here. this is a case that involves mayor adams, the first sitting mayor new york history to be indicted on criminal charges. he has denied the original ones in a 5 count series of indictments, prosecutors revealed he faces bribery, conspiracy, fraud, soliciting an illegal campaign, donations currying favor with a foreign country. apparently some of the latest prosecutorial charges go back nobly for his days as marion campaigning for mayor but police captain accused of accepting luxury travel and all that. those goes back a couple decades by my math. the former fundraiser, big democratic fundraiser said he doesn't see anything of substance. jackie deangelis and "the big money show" guys