we were 140 and scott shellady threw water all over it. stop laughing.mation on hillary clinton on benghazi. one of the victim's mothers says she just wants the truth. more varney after this. ♪ so jill, i know the markets have taken a hit lately. mm hmm. just wanted to touch base. how did edward jones come to manage over $800 billion dollars in assets? huh. okay. here's our latest market outlook. two things that i'd like to point out... through face time when you really need it. so that's interesting, you know we had spoken about that before. it's how edward jones makes sense of investing. you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right you wouldn't take medicine without checking the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest check your broker with brokercheck. the good news is my hypertension is gone. >

scott shellady. >> not today. >> my way the introducing scott shellady in the studio.ven i know who this is cal ripken, baseball legend. stop laughing. i know who he is. he broke that record. ashley: the game-- >> what record did he break? >> lou gehrig. stuart: i interviewed him, he's on the show. a great guy, a legend. all right, where are we right now? we've got an election alert. yes, we do. the wall street journal's opinion page, an interesting piece from peggy noonen, she questions the future of the bush campaign. here is peggy noonen. bush, jeb, he has not succeeded this year and there's no particular reason to believe he will. yes, he still has money, but what has money got him so far? joining us is the former co-chair of jeb bush for governor in florida. jeb says he's not on life support, ed, but under a great deal of pressure. here is my question, what can he do to reinvigorate his campaign and quickly. >> he has to be looser. he understands, he has to go to his heart and show his heart and passion to the american people and tell people he's passionate creati

stuart: i want to get to scott shellady on the subject of twitter. are you there, scott?here. stuart: do you tweet? >> i tweet, not as often as they see i should, but i believe that sometimes people say too much. so, here is what i think. i've seen a lot of interviews with dorsey and my feeling was, he wasn't that committed. he was kind of ambiguous and wishy-washy whether he want today take that role or not. so i'm going to wait to see what he does. the only real thing he could do for that company is find a by buyer. >> by the tie, i believe your twitter handle is scott the cow guy, is that correct. >> correct. >> that's the cow guy's uniform. >> with pride. stuart: remember, please, not too long ago we put gamestop on death watch. the organ music that type of thing. they're hiring workers more than last year for the holidays. nicole: first of all, you've seen the stock down a little bit today. down 33 cents. it is 12% year over year increase in hiring. the prior year was up more than 40%. less than the prior year. wal-mart is going to be flat. target will raise. so this

ashley webster is here and scott shellady.th, first to you, earlier on the show you warned that the system could fail again, time to cash out, maybe. say that again, please for the benefit of viewers just coming on board. >> sure, the system could fail and you could cash out, stuart. here is the thing, you want to be very cautious here, the system has not changed. to have ben bernanke coming out right now is very telling. it's a bait and switch, it's disingenuous at best. he could say look over here because us at the fed, we did 0 your job. supporting the big banks, middle america is hurting and corporate earnings are in decline. you want to concentrate on those companies with strong cash flow and big balance sheets. they're out there, otherwise be cautious. stuart: scott shellady, you're basically a commodity kind of guy. why do you laugh when i say that? i'm going to ask you about stocks. time to cash out a little bit because the nasty episode is coming down the road? >> well, i mean, the definition of a black swan we can't

scott shellady, are you buying 6.9% growth in china?'s not. >> stuart, they can't continue when we put out the numbers. the only reason it was 6.9, i think even though thought if they put out seven again, it would look-- and all governments have this and some are better at doing it than others. i can see as far as weakening their currency, cutting interest rates and dealing us with in the commodity sector, no, i'm not buying it. stuart: i've got a headline for everyone, banks don't want to hold cash anymore because of low interest rates and an extraordinary tight environment. what do you say to that one, scott, do you first? >> i'll go out on a limb and say this is the beginning of negative interest rates. they're starting with cash. stuart: wow, that would be one huge-- we've talked about this. a fed governor says maybe negative interest rates are coming. and for everybody's benefit, this is where you give money to a bank or to an institution or the government and they don't give it all back to you. you don't get any interest and you d

stuart: and scott shellady, why you can comment on the stock market and not just commodities.mment on tech stocks, is the rally going to continue? >> i think in the short-term, yes, they can continue, but like i said on friday, i still think you're going to get better prices because, stuart, we've had seven years of 0% interest rates and still not getting inflation so i think the stock market is ahead of itself here. a lot of folks will say the stock market isn't the economy, but i say if you don't have an economy, you don't have a stock market. be careful. i think the best one out of that group you talked about is microsoft, but ultimately the volatility will get you in the end and probably get some better prices here in the next three months. stuart: okay, now the headline in the wall street journal today saying that the economy is clearly slowing, especially in heartland, industrial america. really, really slowing down, mining, manufacturing, energy, et cetera, et cetera. so, keith, if we've got such a slowing economy, surely at some point that hits the market, doesn't it?

scott shellady, come on in, please, will when mideast developments start affecting the price of oil.'t think we've seen it yet. >> well, i kind of think we have already seen it a little bit, stuart. we've got two things going on. number one we're bouncing off the lows and a sharp break that we've had of late. number two, i see a little bit of fear factor sneak back in the price. we could see it go up, 50-55. one thing, you have to remember we haven't seen the growth, to drive thoo price. look around you, everybody you speak with all the big banks are downgrading our gdp and i think so are going to get worse from here. i don't think that we see 18,000 by the end of the year. stuart: what we're seeing in the markets, the price of gold reaching a three-month high. scott, to you again, it does imply some impact from developments in the middle east, correct? >> yeah, i think there's-- two reasons you don't want to-- reasons you want to own gold, if you see inflation, or number two, if you're worried about armageddon. but once that's true the system, i think that gold will come back its no

scott shellady, i have to bring you into this. i know you've been on a diet. >> i knew.tuart: knew it was coming. what do you think about the idea of oprah and weight watchers, what do you think. >> the thing about weight watchers is the accountability aspect. people think they can do things on-line and there's something about showing up and stepping on a scale. and oprah realizes that. look what she's done for other products. if she wants to tell you a book for the book club, sales go up. there's any number of products that she's done with this. i'm not surprised the stock is up on the back, when she weighs in on something, the rest of the world does follow. stuart: you lost about 70 or 80 pounds, don't want to get personal. >> almost 100. ashley: amazing, awesome. stuart: weight watchers or what? >> no, it's not. it's 100% no sugar, it's very difficult because everything we've got, we eat has sugar. no it says low fat, it's high sugar, you want high fat and low sugar. stuart: from the man himself, the expert. and yum! brands, spinning off the china business and i belie