josh? josh: it's hard. but andy did a good job. it's a challenge throughout a second term, but it has to be done. and for the transitioning administration, i agree with andy. the risk is not so much that you won't be able to find good people to replace people you had. the much bigger risk for a second term administration is that you won't realize that this is a good time to replace people and reset, and everything about an administration makes people feel like they're in place and they deserve to be there, but they need to be reminded what andy carr reminded the bush staff of regularly that we're not attendance of this place regularly. we need to keep -- and we need to be prepared to leave when the time is up and use every day you possibly can. by the way, margaret, it actually gets harder -- the recruitment side gets harder the later you go into a second term. i took over from andy in year six of the bush administration. and when it was time for a new treasury secretary [indiscernible] it turned out that may have been my biggest c

by investigators. >> josh would have his good days on wanting to talk to us, and josh would have hisad days of not wanting to talk to us. >> reporter: at one point o'connell said he asked for josh's dna just to rule him out. >> and he wouldn't give it to us initially. >> reporter: that's got to make you sit up a little straighter. >> it did. >> reporter: i sat down with josh. what was it like being accused of having played a part in killing your sister? >> i felt like, "you guys -- you guys are crazy to think i would do that." >> reporter: you loved your sister. >> definitely. the only person in my family who i felt like wanted me to succeed was my sister heather. >> reporter: josh agreed his angry text message was hurtful. he explained it by saying it was simply a misguided attempt at tough love. >> i felt in my mind if i shame heather, i'll shame her into doing the right things. but it was the wrong approach, clearly. and it was abusive. >> reporter: do you regret sending heather that text? >> yeah, definitely. >> reporter: as for why josh refused to give up his dna? according to p

back to you. >> appreciate that, josh lipton. gang a gang, we're going to get back to our election conversation, economy conversation let keep the ball in the air, doc. big position you have in apple we started our program with rising rates and impacting some of these big tech stocks it obviously had a great run, has apple, up more than 50% year to day however, it is 17% or so off of its high how does this event play into where the stock goes from here >> asking a guy who is long on the stock is like asking me if i had a bet on kansas city last night if i was rooting for them or if i was betting with my heart. i really think apple is going to continue to do well. i think the 5g is a game changer. i think that taking out logitec devices and sonos devices out of their online store kind of told you a lot about where theythin they are as far as that they think they don't need those peripherals. they think you can still buy them at best buy or amazon but taking them out of their store as they did today and both of those stocks trading

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josh: it's delicious. cindy: thank you. josh: you could've blindfolded me.s was, like, some kind of regular pop tart. lemonis: so far, so good. cindy: one of our main goals for you guys is to create larger margins for you compared to... lemonis: margins, packaging, product quality -- i like what i'm hearing. but i saw this one coming. cindy: on our packaging, we wrote that are products are good for menstrual cramps. josh: sure. cindy: i'm sure you read that. is that going to make some male consumers shy away from it? josh: yes. no men are going for that. you might be able to find more delicate words. cindy: and honestly, part of it was a shock factor. it's because we, at the time, felt so underrepresented. lemonis: okay. i know i said i was just here to listen, but i have to step in. that's part of your sales pitch, that it was a shock factor? cindy: i mean, it's real! i don't know. lemonis: it could be on there, just not the first one. i'm not convinced he's buying what they're selling. josh: what are the -- what's, like, the next steps look like? like, whe

for josh brown.r as someone who bought it during a dip in the pandemic, any idea what a price target would be to start trimming or selling that position >> josh? >> okay, yeah, it's a great question i actually don't do price targets. i bought it as an investment for the post-pandemic world and i added to this during the crisis. maybe we bought it on the same day. but my average cost is somewhere around where it's trading now maybe a little bit lower my intention is to hold this for a couple of years. it's not going to really work and make a new high until we get a vaccine and return to travel that might be a while. so i'm willing to be patient and stick around with this thing money i don't want to be able to tell you if it goes to 40 sell it or something because i think it could go much higher when life gets back so i'm sticking around with this one. no plans to sell, no target. >> thank you steve weis to you from holly in pasadena i started a new position in zil o zillow group what is the microand m

2000 dramatically outperforming this month is that now the best play for your money we debate that josh brown, jon sn ajarian, shannon saccocia and jethro townsend are with us the dow coming off its best day since july, was building on those gains. this use out of washington is deadlocked on stimulus we know the economy needs more stimulus, certainly pockets of it do. does the stock market, though? what is if it doesn't happen >> i'm not sure if the stock market is pricing it in, happening right now. i mean, there's no scoreboard that i can tell you definitively it's being priced in, but i don't think it's in there. so if you do get something, i think it will be good for sentiment and it will probably lead to new highs, but if you don't, independent n'm not sure as wbig of a disappointment as i would have thought six months ago. a lot of works continues to work, i've been talking about the housing stocks all year. lows in particular in that index, low looks prime for a mega breakout, about to take out previous resistance, put that one on your radar. and then there's leadership from ener

i agree with josh. i wouldn't bet against the consumer i wouldn't bet against housing i think we still have legs in this recovery and although there are risks, i would expect the positives outweigh the risks going forward. >> what's the biggest issue that investors need to have their eyes on? is it this underperformance in september of big tech, which was a huge driver of the market gains? is it the path of the virus? is it the run up to election day and maybe complacency that exists currently within the marketplace? is it the relationship between growth and value and what wins the day in october and beyond that drives stocks what's most on your mind what should be on the mind of our viewers? >> well, the answer is yes to all of the above with the exception of the debate growth value i think you'll make more money in growth than in value. we continue to see that except for rare instances the good thing about this generation of investing, what i mean by that is for people that have been doing it for a lo

let get to josh lipton with more for us josh >> we expect, kelly to offer their five a 5 i and we'll -- what other kinds of products are they offered an now is polich will the iphone cost apple cook doll in much trade. investors often sell the news. there's been four times out of is that apple traded higher on an iphone announcement day in addition to new phones, what else could be announced? we know that reports indicate that apple is hard at work on a new home apple home pod, and there's a suggestion that new rival apple product are on the way and we'll see the long tumored air tags, trackers that will allow you to locate your items. >> we'll they can but a nut very soap joining me are casey newton. editor of former and ed lee with the "new york times" and cnbc contributor. welcome to both of you casey, i'll start with you i'm looking at league photos what have to expect here and the main things i see are different colors, but obviously there will be a lot more to it. what's your biggest expectation. i mean, i'm a little surprised they are hanging so much on 5g which has very littl

i am more pinoy along with senior political reporter josh rogers. these debates are produced in collaboration with new hampshire pbs and we're probably help guidelines as we bring them to you today. all four of us are in separate studios and all of us wore masks in public areas of our office. here's our format. each candidate will have 60 60 seconds deliver an opening statement and then moved to questions with 60 seconds to respond and in many cases josh

josh brown, steve weis, jim lev lev leventhal and liz young. liz, is this all about stimulus or are we're genuinely concerned about these cases we're seeing in europe? and, by the way, we're doing a lot of cases here every day, too. >> i don't think it's all about stimulus but we're in the middle of a really heavyweight news cycle and it's not allowing us to look out any further than about 30 days at a time. ultimately in 30 days' time the market is lower than today just on monday the s&p was up 5% month to date. that didn't make common sense. we're in the middle of a highly c contentious market season and we're still waiting for stimulus in the short term i think we should see a pull back here but in the longer term and even in the next three to four months, some of the fear around a blue wave has been a little overblown and the market has to weigh the two sides. on one side we might see higher tax ees and stronger regulation and on the other side some of the tariffs may be rolled back as an investor, even if we have a pullback in the short te

josh, you own it, too. what's the issue here? if not now, when this quarter was good. >> i think you have to start thinking about these companies like very heavily regulated utilities. they need permission to raise their dividends. they need permission to buy back stock, they need permission to go to the bathroom all of that is an overhang from the credit bubble they helped cause 12 years agriculture, has not gone away. we thought that there would be enough deregulation under president donald trump, that these companies would find in ways to grow but they aren't if you look at the last three years, the s&p 500 is up 20% and she's stoc these stocks as a group are down i own jpmorgan i think of it as a total return stock. over the last three years on an average annual basis it's given me about 5.5% in total return. a lot of that comes from the dividend and as long as you think about it in those terms and you don't look at it versus visa, mastercard, square, paypal, you won't be as disappointed but if you're buying these stocks beca

that's how josh started his, and minutes ago. i have every confidence that they will work again but again we have to understand and hope the the president and his team understand that. the definition of an effective president starts also with the job description that includes a transition clean handoff especially in the time of crisis. >> andy card, back in 2000 we saw contested outcome as you well know, and because of what happened in florida that delayed the transition period, certainly delayed clarity for a long period of time. what was the net effect of that? how do you see that as a potential parallel to a not, we may see come november? >> margaret, thank you for the question and think for leadership in this conversation. yes, that was a challenge. however it was also a classic. i got to spend time with the president elect that we didn't even know it was the president-elect, at his ranch in crawford planning what kind of government he wanted while secretary james a. baker the third and the campaign for managing the recount a

josh also hopes for a better future. he and to me could have been friends since they appeared on a broadway stage together. josh too lost his job because of the coronavirus but unlike to me he decided to leave new york like so many others. since the pandemic you know forced me. to stay here for a lot of people right so i or sublet or it's in my place i'm in california actually staying in my parents' mobile didn't make sense to stay here if i didn't have work when the only keeps me here is. the work you know and i'm you know i'm going to be sounds paycheck in the city are right as well i have someone out paying my rent needs to be here and spend time with my family that was the main. now josh is visiting for a few weeks. because he managed to get a couple of small the geeks. but the city's not what he remembers. it's a strange feeling because the city is very. different you know i mean it's wire you don't have that some of. the. folks that are coming in to see photos and you know these varies from all over the world not j

josh also hopes for a better future. he and to me could have been friends since they appeared on a broadway stage together. josh too lost his job because of the coronavirus but unlike to me he decided to leave new york like so many others. since the pandemic has forced me to. sustain life here for a lot of people right so i or so later it's in my place i'm in california actually staying in my parents' mobile didn't make sense to stay here if i didn't have work with only keeps me here is. the work you know i mean if i'm going to. he sounds paycheck in the city i might as well have someone else pay my rent he needs to be here and spend time with my friends that was the main aim now josh is visiting for a few weeks because he managed to get a couple of smaller geeks. but the city is not what he remembers. it's a strange feeling as the city is very. different i mean it's wire you don't have that sort of. folks that are coming in to see shows and you know this varies from all over the world just basically have new yorkers the

that's it. >> josh. >> i don't own microsoft but i feel like in a way i do. like the whole world owns this stock. it's the largest or second largest holding in every major index etf, every retirement fund, every target date fund it's a $1.6 trillion market cap. whether you think you own it or not, believe me, you have exposure microsoft is sitting right now in an extremely good place in terms of various cycles for their different products you've got the launch of the xbox this christmas. obviously it's going to be major. you can't buy an xbox right now, an older generation. every single one of them is taken. they're selling five-year-old used xboxes, you can't get the chips even if they wanted to make more. the demand side there is incredible that's not a huge part of business, though i think cloud services, they have step for step every improvement aws has been able to make microsoft has either been ahead of them or right there that is a huge driver of the business and then surface wasn't a total bomb i was surprised. i didn't think they could do it this as

can we pick up on that idea that josh just raised their. there are mechanics, institutions here, a plan for a transition but some of what [indiscernible] rulesssumption that the will be played by and abided by. are you concerned that will not happen this year? >> this is a highly unusual election year by any standard with the pandemic and the way this campaign is taking place. there are concerns with how the voting process is going to be conducted. articles -- countless news articles -- the hallmark of any working democracy is a peaceful transition of power after a free and fair election has been conducted. that is at the very core of our democracy since our fending -- founding fathers gave us the constitution. --re is no question the administration that had a handoff to the next administration did so after the campaign is always seriously contested diplomatically. , butyear, this campaign had a real transition, a spirit of cooperation. -- most sacred responsibility for any commander-in-chief is the safety and security of the american peopl

. >> let's bring in msnbc's josh letterman live at walter reed for us. josh, what just happened?> reporter: well, alicia, if you thought that president trump was focussed squarely right now on recovering from the coronavirus, you apparently thought wrong because there are a lot of things that you can do to try to improve your prospects for defeating the virus, such as various medications. taking a drive in a motorcade to wave at your supporters as far as we know from doctors is not one of them. this is not something that we had expected. the president left his hotel suite, his hospital suite, here at walter reed without the white house press core that typically travels in the presidential motorcade anywhere the president goes. it was a very short trip. he was visible briefly through the window of his vehicle as he drove past the group of supporters here, alicia, that's really been building throughout the day both in size and in noise. and we know that president trump has been very focussed not only on reassuring the country and trying to calm the markets, which will be opening to

thank you, josh. premiere exclusively on october 23rd. so good of him to be with us. >>> coming up, nick offerman is going to join us live. ♪ rocketman >> good morning. but i can't say i expected this. because it was easy. to fight these fires, we need funding - plain and simple. for this crisis, and for the next one. prop 15 closes tax loopholes so rich corporations pay their fair share of taxes. so firefighters like me, have what we need to do the job, and to do it right. the big corporations want to keep their tax loopholes. it's what they do. well, i do what i do. if you'ld like to help, join me and vote yes on prop 15. >>> we are back with our next guest playing everyone's favorite on "parks and rec" and now nick offerman has a new audio book out called "all rise" joining us this morning and look at this. look how dapper he looks this morning. now, nick, you're not fooling us here with the coat and tie up top and you have some pajama pants going on down below, right? >> that's -- i believe that i

josh brown, what are the odds you think we get this report at 4:20 eastern time? xxx. >> he has his lucky numbers. i have to tell you, if you ask me which stock could add 20% from its current price, 20% to its market cap and share price from right this moment, i actually wouldn't say tesla is more likely i would say general motors gm is doing everything they can could convince the street that they are about to go all in on electric vehicles. you can mock them. can you laugh. you can say oh, wow, 20 years too late, whatever all those things are true, but they're still going for it they're still playing footsie with these nichlt cola people. meantime they have a lot of their own technology and the stock price is reflecting that. 41 is resistance this is a way more exciting setup because it's so cheap. and if you're wrong, the out is obvious. if i'm looking for like the next automaker to milk a 20% move, i'm look at gm and i'm getting paid a nice dividend while i wait, hopefully if they reinstate that for the second half of this year or early next year. >> we'll see

josh charles is here [ applause ] we love josh charles and she'll be performing a a medley from debutndustry games," we got music from chika, everybody. [ applause ] guys, like i mentioned before, president trump was nominated for a nobel peace prize today, and so confident he's going to win, he already has his acceptance speech written out. in fact, earlier today, he was practicing in front of the mirror and we got the footage. check it out >> ladies and gentlemen of the nobel committee, what an honor i love barnes and nobel. great toy section. not sure about barnes, but i love nobel i don't know barnes. met him once but we're not here to talk about barnes, are we we're here to talk about me, the winner of the nobel peace prize. it's great to be here in beautiful, fantastic norway. we love norway don't we love the fa-jords. but you know who never visited norway, by the way hillary. throwback to that. i'm playing all the hits tonight, folks all the hits buckle up. i got to be honest, this award came at the perfect time for a second there, i almost thought i was doing a bad job as pres

josh >> hey, marko. i was talking to a client who said give me one reason why we'll see dow over 30,000 in the next couple of months. i can't imagine it everything seems so horrible one of the things we talked about was the fact that every negative catalyst over the last ten years that we've all been aware of, every deadline, every moratorium, every election, they've all resolved positively. so how about this for a scenario give me a letter grade on this we get one, possibly two vaccine approvals between now and the end of the year, there is a mild amount of election chaos, but we end one a definitive winner in the end, even if it takes the supreme court some time in december to decide it, and you get a stimulus and the comps for the first two quarters of next year absolutely demolish the comps for the first half of this year, which would not be very difficult to do considering that half the economy was shut down in that scenario, you could easily see the dow 10% to 15% higher or 3,000 points higher than

very grateful to have you with us, josh. over to you. >> i think you might be muted, josh. apologists. >> i was saying thank you, thank you for having me here. venture for organizing this terrific session and for the work that has been done which is very important. i really appreciate the opportunity to share a few thoughts. i think when this all started the idea that this horrible pandemic, the idea that would be a vaccine to save this was a lifeline. it was a dream that people could have now we're getting to the point where we have an opportunity to understand what that really means. it is not a magic solution, it's not a magic wand that comes to save as and wake up from this horrible nightmare, although we all wish it were. that's not the situation. but it is something that can make an enormous amount of difference. it can save so many lives, and the idea of using estate and effects effective vaccine and a set of vaccine in the middle of this pandemic is a very, very important focus for the work that all of us need to do. what i would like to do is talk about how we can

vincent, good evening. >> hey, josh. thanks for having me. good to be with you. >> would you like an apology from senator perdue? >> look, we're not focused on the comments by senator perdue, and we don't have much time for name calling. we've got 17 days till election day. senator harris is not focused on that. our campaign is not focused on it. what we are focused on, though, is doing everything we can to make our case to the american people about why joe biden and kamala harris would be best to serve over the next four years. >> senator harris has to get a little tired, though, of people dragging her name through the mud, literally. i mean, this was pretty well below the belt. isn't the senator interested at all in senator perdue either being held accountable or at least saying he's sorry? >> look, i think the american people are focused on -- senator harris is not focused on this. our campaign is not focused on this. what again we are focused on is winning. and look, on election day they won't be talking about who called who names through

josh lederman, nbc political reporter. annie carny, "new york times" white house correspondent, also, an msnbc contributor. and founder and ceo of advancing equity and yahoo news medical contributor. josh, what is the latest that you can tell us on the president's health? >> well, alicia, we are hearing from the president, at this hour, in his own words for the very first time today of the just as we were coming on the air, the president tweeted out a four-minute video that he recorded from walter reed national military medical siscer just behind me. we are pulling that video, now, to show you some of it. but in the meantime, let me tell you a little bit about it. the president speaks for four minutes from behind a desk set up with flags. looks similar to what you would see, perhaps in the white house. he is wearing a suit jacket but no tie. his voice sounds a little bit raspy. but other than that, he seems to be looking fairly normal. the president says, in this video, that he wasn't feeling well. he needed to come to the

josh lipton is standing by as the event continues. josh >> the event did begin here. four new models so far introduced so apple is saying the latest and greatest technology, billing it as the smallest, thinnest, lightest 5g phone in the world, that's at starts at 699 and then the next model will start at 799. then there are those that want the most cutting edge technology for them apple offers the iphon 12 probe and iphone probe max. they're powered by 814 bionic chip that should mean a real boost in performance. new camera system in these phones that's very important to consumers. new wireless charging system as well it not just iphones either they also did announce a smaller, less expensive version of their home pod, their smart speaker. that will cost $99 and start shipping in november there apple trying to compete more effectively with amazon and also google. back to you. >>> let's get some more insight on what we've heard from apple so far tim higgins is the tech reporter with "the wall street journal. tim, good to have you with us. >> thank you >> how dazzled ar

has had of coronavirus in months. >> thank you, josh. that's nbc's josh lederman, joining us from bethesda, maryland, outside walter reed. we'll check back in with you later in you are next hour. dr. patel, nbc contributor and former obama health director. what are your thoughts on that motorcade that went past the crowd? >> it's cringe worthy exactly for the points that have been mentioned already. it's literally an extension of, you know, probably one of the most dangerous environments you could be in inside the hospital. remember it's not an average suv that the president is driving as part of the motorcade. that's a pretty fortified driving unit that, in an ironic way, mimics those negative pressurization ventilation rooms in a hospital. it blows my mind, to be honest, because those people, those secret service agents, and i couldn't see exactly who else was there, but those service agents, who are wearing masks, that's not enough protection. and that just concerns me for their health. it concerns me that this is still a president an

nbc's josh lederman is on vote watch this morning.ll us about this new information that we have on the postal service performance times, josh? >> we're getting new internal data by the usps turned over to congress. it shows for the second week of october, on-time delivery rates for first class mail for the post office dropped to 85.58% which is in the neighborhood of the delays we were seeing over the summer when postmaster dejoy put in policies that were causing delays to the mail. for those of us, including myself, who are not math majors, if 100 people were to wait until the very last minute and mail in a mail-in ballot, somewhere in the neighborhood of 14 or 15 of those ballots might not make it on time and could potentially be delayed and be at risk for being rejected. in some parts of the country, in metro areas, even battleground states like pennsylvania and michigan, some of sthoesz rates are even lower. what does this mean for those of you who still have a mail-in ballot. the post office recommends mailing your ballot no long

we've all been talking about this volatility to josh's earlier point for a long time now. we've been talking about what we think is a worst case scenario, the contested election for a long time. what the market hates more than anything is a negative surprise. i think when the time comes, it hard to imagine what could be a negative surprise at this point. that combined with all the trillions in cash sitting on the sidelines, the money sitting in bond etfs that josh mentioned as well as a potential for a stimulus and also an announcement about a vaccine or therapy, we are, you know, keep are our clients invested and not making any changes based on what we think will be driven by an election outcome volatility may not be quite as significant as i think everyone is anticipating it could be. >> we will see doc, i'm going to get to you in a second but i want to go to anastasia first because the way she's thinking about the market and moves that our viewers, all of you may want to take a look at, doc, play right into your options play book, you're the guru anastasia, how are you

josh, let's start in florida.e briefing on wednesday focused specifically on the need to motivate black voters there. you were joined by the group black pac. what is hawkfish's data showing you right now about black voters specifically in florida? >> across the state of florida there's been historic rates of participati participation. that exists for black voters as well. yet, one of the areas that gives us a bit of concern and warranted us wanting to talk about it and dig in a bit deeper is the fact that you have black voters, while they are participating at very high rates on an absolute basis are still underperforming, for example, their white and hispanic counterparts across the state of florida. by way of example, black men are participating about 5% -- white men. that's something that gives us pause. for democrats, the key to winning in the state of florida which is an increasingly diversifying state, but a state split about 50/50, it's going to come down to turnout. democrats need to turn out communities of

blackstock, ali, and josh, thank you all so much for joining us. i want to bring in senator dick durbin of illinois. he is the senate minority whip and member of the judiciary committee. senator, thank you so much for your time tonight. we're going to talk a little bit about the vote that is before the senate. but before we do, covid cases breaking records around the country. i want you to take a listen to what mark meadows said about it today. >> here's what we have to do. we're not going to control the pandemic. we are going to control the fact that we get vaccines, therapeutics, and other mitigation -- >> why aren't we going to get ahold of the pandemic? >> because it is a contagious virus, just like the flu -- z u >> but why not make efforts to contain it? >> we are making efforts to contain it. >> by runni ning all over the country, not wearing a mask? that's what the vice president is doing. >> senator, what does it say to you that the white house admits they're not even trying to contain this virus. >> alicea, this president has no shame for

would it did leave the question of who won up to jim baker and the folks, josh bolton focusing on the policies as a first priority when we took office on day one, education reform and joe hagan, to make sure we had the infrastructure organizational support, to get things done. a lot of people don't recognize two transitions, one transition is a white house transition and that is where the president has immediate impact. in the morning i want john smith coming in the afternoon he shows up. with the cabinet you have to make sure you go to a process of informing the senate and giving them a chance to ratify the decision. there are two transitions, the white house to get ready for the real transition and the transition into governing. i was glad to have the experience of an unfortunate election result, organizing the white house staff and we get to do and some presidents suffered because they didn't get their white house staff organized until end of the process. it is better to have it done in the beginning of the process, the team the president-elect put together, karen hughes, josh bolt

. >> let's check this on shares with our josh lipton now, shares of cloudflare. it's up 50% in the past month alone. mr. lipton has more for us josh >> kelly, that's right since march, cloudflare's market share has more than tripled to nearly $18 billion this is a company with a long history. it was actually founded back in 2010 today it has more than 1,500 employees and 96,000 paying customers. cloudflare provides software tools that help companies protect their web sites and make them run more quickly and reliably but it's not just companies. cloudflare is playing an important role it this election, too. more than half of u.s. states are using its software to defend their election infrastructure, like voter data information. and the trump and biden campaigns are relying on cloudflare to help defend their web sites against malicious attacks. piper's jim fish doesn't think this is a big money maker for cloudfare but believes it could be a strong marketing tool for the company. he said it's a buy, one of the best in class names to own, he argues others are more ca

one big issue, josh, was about oil and gas.sten to the debate and then i want to play something else. >> would you close down -- >> i would transition from the oil industry, yes. i would transition. it is a big statement. >> will he remember that, texas? pennsylvania, oklahoma. >> vice president biden, let me give you ten seconds. >> we are not getting rid of fossil fuels. getting rid of the subsidies for fossil fuels we are not getting rid of fossil fuels for a long time. >> it was a cleanup on aisle 4 for the biden campaign. the trump campaign obviously jumped all over it. one of the things they've put up an ad. take a listen. >> pennsylvania is a fossil fuel state. it will be devastating. >> transitioning from the oil industry, yes. >> no ability for the oil industry to continue to drill. >> the end of a lot of livelihoods. >> bret: josh, potentially that moves people. >> when you're backtracking or clarifying, you're losing the debate. even if joe biden have tied or won the debate on points, i think trump gained a bigger po

brownback as we well welcome, josh.e'll kick it off with the broader markets. stocks are under pressure today. majors lower for the second straight day we haven't seen a back-to-back lower day for stocks in about a month, since mid september there are pockets of strength i wanted to ask you about energy, materials and industrials. transports are also higher are you taking these opportunities at all to load up on some of those value, cyclical plays that have shown some signs of life? >> not really but it's constructive to see energy finally stop getting killed every single day so i wouldn't suggest that today is a bottom, but maybe there should be more m & a the kroncho deal gives people some sense these aren't zeros. that's the most optimistic i can muster for you, sara, on the xle names f you're looking for a place where this rally might stop, particularly on the etf, that would be 34, which was previous support it broke through that level. that will now be the new resistance that's about 10% higher than where it's tra

josh, please. >> we moved to leadership.ing the ongoing study emerges you've been able to run with the free hand, the legislators been posted at a session of the judge ruled you have the authority to distribute federal covert aid without the oversight but if you're elected and a state of emergency and you will be back having to work more closely with the statehouse that could be as it is now larger under democratic control based on your track record, the record number of theaters, gridlock before the council and key nominations come should the public expect things to be different? >> this is this is a pandemic ad to take strict action. the legislature recessed themselves. they went away. when it comes to doing a deal for ppe or testing it was meant by minute three in the morning i had a phone call, fema, everybody, felting to get it together and just to make decisions very quickly which is exactly what the state of emergency allows the government to be flexible and we where incredible success with our nimbleness. there are a

that josh lipton we continue to watch disney this morning.nces that reorganization h the entertainment and media divisions to help disney plus and streaming. another sign of the transition that we're seeing among media and tech industries. the necxt guest is board member for several companies like net nix, ea and peloton. jay hoag joins us this morning good to see you. thank you for time today >> hey, glad to be back here >> how big a deal do you think this is? >> well, i do want to call on my opinion that i'm not a close disney follower. reorganizations are a lot more important internally than externally i will say as a industry observer i've been incredibly impressed with the jobs disney has done with disney plus and shifting their business from plastic media to the streaming world. so i think incrementally betting on that makes sense as an outsider but also observe that manufacture the businesses as good as companies as disney is are under significant duress in covid-19 times >> the street's general take this morning is that reorganization

i agree with josh.e not the driver here 16 showed us few of us are very good at predicting election outcomes, although it does seem like this is going to be one of the funkiest elections we've seen in our lifetimes. what we can assess is when risk or reward since favorable to an ownership of an asset class. relative to equities in my view, given all those uncenters and given the lack of visibility on all of those things, the way the equity market was trading was not reasonable in my view. for that reason that's why i haven't been very constructive around these levels where we've been treading water for some time. >> josh, if the fear is rising cases, rising hospitalizations, raising death numbers and what that's going to do for the economy, lockdowns or not, we're starting to see the superlasupee coming out now dow worse week since march what are the similarities and differences now that we have that hindsight, that can help investors going forward with this time? >> it's a great question, sara if you t

i will bring the headlines as they come. >> thanks, josh. guy, no guidance for what should be its strongest quarter of the year what do you make of that >> it leaves you in suspension suspense i think it's great gives us something to talk about. if they don't have visibility, they shouldn't have guidance service is 22% of overall revenue which is good. there is a lot to like here. some things to be disappointed about. it comes down to where do you buy the stock ahead of what could be a ridiculously strong quarter. there are two levels, the september 6 level and the level i think a lot of people are looking at which is $96 which we exploded up from last quarter. those are your twos levels pick which one you want to wait for. >> there is a glass half full aspect as josh said cook said, that the iphone 12 data is quite good how do you look at the story, karen? >> i look at it as the weakness for the iphones is not a factor. it is all about next quarter i applaud them for not giving guidance i think companies shouldn't give guidance at all let a

good afternoon to you, josh.cely higher, 2% on the dow mike, is this stimulus hopes or is it poll leads and hopes of a more clear election result or eli littly data? >> i could trace the story lines along any of those, wilf yesterday's drop was a bit of a shakeout of people who thought it was all about immediate near-term comprehensive stimulus about to happen. clearly, that seems not to be the case the market is levitating back up here to the top end of the rainl range. i would look back to prior times to late august, all the things we care about more clear or less clear then yes, maybe the markets have a slightly smaller chance of hung up on the electric i don't think it's that fruitful to tease it out. the market is positioning for an economy within the next few months to be firming up and the psycycliical stocks are doing w >> josh, your beloved freeport up, one of the best performers in the s&p, which jives with what mike was saying about cyclical stocks right now. copper is higher what's driving it? >> can

so without further ado i will fast-forward over to josh who will have ten minutes to share with us his situation with

flying tech stocks post-covid up 200% and josh lipton joins us now. you we're joined by twilio's ceo jeff lawson. thank you for joining us >> thank you great to be here >> as carl mentioned, your stock has enjoyed this remarkable run, jeff the world is changing, more companies moving very quickly from physical to digital they're looking at twilio for help in that how fast are things changing on the ground, jeff how big is the market opportunity you all see here now? >> you knows are even ahead of covid, the market for companies undergoing digital transformation and who need to use digital technologies to compete and win in the modern economy was enormous what covid did was it accelerated many of the initiatives, many of the use cases, thethings companies needed to build to be competitive were accelerated because of covid and social distancing and mike grat migratt of these business processes to the cloud. so it opini's been a till wind o digital transformation in nearly every kind of company. >> so covid acting as a kind of accelerant, investors also

>> we've been working, josh, as you know. we passed one heroes bill over $3 trillion several months ago. the republicans would not even begin to negotiate. just this past thursday night we passed another one.

josh also hopes for a better future. he and to me could have been friends since they appeared on a broadway stage together. josh too lost his job because of the coronavirus but unlike to me he decided to leave new york like so many others. since the pandemic as you know forced me to. sustain life here for a lot of people right so i never saw the letter that's in my place i'm in california actually staying in my parents' mobile didn't make sense to stay here if i didn't have work when the only keeps me here is. the work you know and i mean if i'm going to be paycheck in the city i might as well have someone else pay my rent to be here and spend time with my car that was the main. now josh is visiting for a few weeks. it's because he managed to get a couple of small gigs. but the city's not what he remembers. it's a strange feeling because the city is very. different you know i mean it's why are you don't have that some of. the. folks that are coming in to see photos and you know these various from all over the world just

senator josh hawley has been on this topic more than anyone else in the u.s. senate, he joins us tonight. what did we learn today? >> we learned that the tech companies are going to keep doing this, they're going to keep censoring conservatives and keep putting the thumb on the scale for the biden campaign as long as congress lets them. they think they can get away with it, they are totally unrepentant. congress needs to take action. i'm glad we are talking about it, that's fine. the time for tocqueville he has passed, it's time for congress to legislate, take away the special immunity that these tech companies get for this censorship. >> tucker: this is not relevant but when you interview these people, do you ever think maybe it's bad for kids to become billionaires? maybe it does something bad to you? is it healthy to live in a society were a tiny group of completely out of touch crazy people havee power over the rest of us can say? >> if you want to know what it's like to live in an aristocracy, open your eyes -- this is at. one, tiny group of what jack

josh also hopes for a better future.he and to me could have been friends since they appeared on a broadway stage together. josh too lost his job because of the coronavirus but unlike to me he decided to leave new york like so many others. since the pandemic as you know forced me to. sustain life here for a lot of people right so i or sublet or it's in my place i'm in california actually staying in my parents' mobile didn't make sense to stay here if i didn't have work when the only keeps me here is. the work you know and i mean i'm going to be a check in the city are right as well have someone else pay my rent to be here and spend the time with my car that was the me. now josh is visiting for a few weeks. x. because he managed to get a couple of small gigs. but the city's not what he remembers. it's a strange feeling as the city is very. different you know i mean it's wire you don't have that sort of. folks that are coming in to see shows and you know this varies from all over the world and just basically have new yorker

concert can congress joining us to react senate judiciary member from the great state of missouri josh hawley. good morning to you. >> good morning. steve: it was a real simple question although it was not asked by the moderator because the moderator asked a question about the supreme court but it was about abortion. mike pension redirected it to the question everybody want the toe know about biden harris work to pack the court? it's a yes or no answer. why didn't she answer? >> yeah, because they are going to pack the court. i mean, here's what i took away from the debate. they are going to absolutely pack the court. they are going to pack the senate to add more votes to give democrats a majority that will be permanent. they are going to try to rig american democracy just like they rigged the american economy for the globalists for the wealthy, for the insiders, that's the obama-biden legacy. that's exactly what biden and harris want to go back. to say kamala harris wouldn't say they would stand up to china either. same agenda. these are the people who sent all those jobs away to chin