michael novogratz will not bel joininge us tonight.ut we still think it's worth knowing what he has been doing. in the past two years, the bail project paid more than $26 million in bail for suspected criminals, the group said it has bailed out more than 12,000 people from jail. for the people they bailed out? they are people like samuel lee scott in chicago, he was in jail facing assault charges. after hedl hit her he said i mit as well finish m the job since e going to contact the police. he was in jail and the bail project came to the rescue. they sprung him. hours after novogratz's group did that, he had allegedly beat his wife to death. if weig wish michael novogratz were here tonight to tell us what he thinks of that, this he regretted making it possible for samuel lee it's got to murder his wife? if you were here we would also ask him about a man named christopher stewart, he's also from chicago. his ex-girlfriend got a protection order against him after he fired a pistol at her sons birthday party. he went to jail, michael novo

mike novogratz joins us with his thoughts on the selloff.can happen since you were last on. clearly, you were right to call a top. how you are feeling now. the news came over the weekend and the big option call buyer. was ma son and his team, i think it's important it was just another example of speck spe speculative froth. now it's to sell the rally the psychology has to change anticipate it is slow to change. people made lots of money buying the dip. and so i think you're going to see more pain, not a straight line like we've had had. we bounce off 11,000 and go up a little bit it looks like nasdaq is going get to $10,000 >> that's interesting, mike. to hear such a level of conviction that this is a real change in people's mindset and that it's now a sell the bounce type market. what gives you confidence that we've made such a big shift and that this isn't just a brief blip i mean we're still not below august levels, for example >> yeah. no, it's -- we had so many data points pointing to speculative froth from it becoming a legend with his

biden donor mike novogratz and trump supporter robert kiyosaki face off on which candidate is better for the stock market. >>> all right. so here's a live look inside the debate venue. we want to show this to you. a small audience of 80 to 100 people will be on hand at the debate, hosted by fox news anchor chris wallace. millions will be watching from home and abroad. there will be six 15-minute segments ranging from the trump and biden records to the integrity of the election, the supreme court and the economy. to get a jump on the economy part, we first welcome white house national economic council director larry kudlow and after, we will give equal time to biden economist ben harris. larry, great to have you on the show. up until the covid crisis, let's start with this, the president consistently said the u.s. is enjoying the greatest economy on record and indeed, unemployment was at historic lows, s&p enjoyed 128 record closes but once covid hit, we did see living proof of perhaps how shallow employment was for many americans. it exposed how they were living hand-to-mouth and yes

billionaire investor mike novogratz will join us with his take on today's plunge and whether he is buying any of the dips after three straight lease losing weeks and we'll speak with john kerry in an exclusive interview. we'll get his take on the supreme court, on stimulus, on the election and that final month run in of campaigning which, of course, he knows so much about let's focus in on the big stories we're watching on a very busy day of news mike san toll toli is tracking e selloff. meg has the latest comments on the coronavirus from the head of operation warp speed and sara has details on the increasingly complicated tiktok negotiations. mike, let's start with you >> yeah, wilf, a broadening out of the pullback. a catch down from the old economy names. starting to look more like a comprehensive flush as opposed to localized profit taking shakeout in the overheated tech names. significant numbers to point out. this is a three year chart on the s&p 500. i got for a reason here. we got essentially down today to a 9.9% loss off the recent record high. i'm going go on a limb and say that

. >> tucker: i wonder why it never occurs to crypto currency traders like michael novogratz, tell met crypto currency trading is. why does it not occur to them to, i don't know, hire 700 poor people in downtown louisville to work at their crypto currency trading firm. if they really want to help, why don't they give people jobs? whwhyare they siding with the murderers and wife beaters? >> it is proved the goal here is not to improve the community. the goal here is not to make sure that people can become independent. the goal is actually to attack directly the very criminal justice system that makes it possible for the rest of us to carry out our lives. we forget, we forget that in the early 1950s, many of these radical ideas were pushed and they went into effect in the 1960s. it took until the 1980s for the political system, the american system, the american people to come together and say wait a second. decriminalization, looking the other way, it doesn't work. and we have had nearly 30 years of benefit from rejecting that craziness. the problem is base we have had it good for so lo

mike novogratz, thank you. >> thanks a lot. >> earnings news here to report.i'll bring those numbers to you. the retailer who owns tommy hilfiger and calvin klein with huge bottom line beat reporting $0.13 adjusted on profitability. the expectation on this one was a loss of $2.43. the highest analyst was loss of $1.20 so that was way off the mark as far as revenues that was a beat, $1.85 billion, that's what they are reporting, $1.25. the story tremendous cost-cutting sg&a expenses down 24%. that's what fed into the big profit beat. gross margins improved 56% versus 42 -- excuse me 54% a year ago looks like digital is also part of the strength here especially on the sales picture revenue through digital channels growing over 50% sales that were through its directly operated digital commerce business up 87% some strong growth there as far as what we can expect in the future pvh expects revenue in the second half of the year to decline 25% versus a year ago period they also give color on traditional wholesale. remember, they are big department store play, planni

we'll hear from treasury secretary steven mnuchin and mike novogratz and pete buttigieg.en tough week last week nasdaq up 117 points s&p 500 looking to open 31 points higher. we're back after this. the only thing that makes t-mobile's new offer on iphone better is the people you share it with. so right now switch and get two new lines of unlimited for only $90 and get 2 iphone 11's or 2 iphone 11 pro's on us. all on t-mobile's most powerful signal that goes farther than ever before. hurry into t-mobile now and get two iphone 11' s or two iphone 11 pro's on us. only at t-mobile. good job, michael! does. ok, lindsey now tell the class what your mommy does... my mom has super powers. it's like she can see the future. what?! it's like she time travels in a rocket ship. that's cool! and then she comes back saying "try this" or "try that." she helps everyone. she helps them feel less worried. wow! mommy, so what is it that you do? i'm a financial advisor. she is! aig proudly supports all the professionals taking care of our financial futures. to deliver your packages. and the p

we will have a market matchup between mike novogratz, and then along with chairman and ceo and "richbert kiyosaki plus billionaire coowner of the milwaukee bucks, marc lasry will share his insights on the markets, economy, and more. you cannot miss this great lineup. it's the economic undercard ahead of the big night for the trump/biden debate. 3:00 p.m. eastern on "the claman countdown." tuesday, we will see you then. >>> just a little over an hour ago, as we mentioned, the justice department made a move to keep sunday's tiktok ban deadline in place. the move comes after the social media superstar challenged the president's ban, saying it has overstepped his powers. charlie gasparino just got off the phone. he's getting reaction to this latest twist. he joins us now. charlie? charlie: you know, it may not matter what the u.s. wants to do, what the trump administration wants to do on this deal. my sources that have been following this say it could be in china's hands. here's why. right now, bytedance, which is the parent company of tiktok, wants, needs china's approval, that means th

we will also have a market matchup between mike novogratz, galaxy digital founder, chairman and ceo and businessman robert kiyosaki, plus billionaire co-owner of the milwaukee bucks, marc lasry. he will share his insights on the market, the economy and a lot more. jam-packed show, 3:00 p.m. eastern time on "the claman countdown." >>> let's take a quick break. dow is up 460, off session highs. we were well up over 500 a few moments ago. nasdaq up 196. >>> coming up next, president trump. we have our live shot ready to go. there's the rose garden at the white house. the president expected to make an announcement on coronavirus testing. we will have a preview of the big event when "the claman countdown" comes right back. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. and then what happened? where's our family from? was he my age? so nana and pops eloped? ...and then what happened, daddy? well, before us, there were your grea