Transcripts For FBC Cavuto Coast To Coast 20240712

Of that in about an hour. Apple is sometimes seen as a proxy on consumer spending, entertainment, computer, mass mutual fund reflecting how we all feel and our appetite to buy stuff. Some of this stuff were told could be very, very pricey. Depending how it all lays out, when tim cook makes the announcement, well have a good idea how much americans are willing to fork over if it gets you know, pricey. But again this is not really been a problem for apple in the past, as you have been hearing here. It is the most widelyheld stock on the entire planet. Just amazing. But, all eyes on amy barrett in washington right now, the judiciary committee, taking up her confirmation process to get on the Supreme Court as an associate justice but not without a lot of talking. Not so much on her part, on the questioners part. There are 22 senators, 12 republicans, 10 democrats who have been allocated 30 minutes to ask their questions. That works out to about 11 hours of questions and at the pace theyre going, theyre running a little bit behind schedule this could go well, well, well, into the evening here. But lets get the latest from hillary vaughn, following all of this. She has been very careful, very, very cautious in her responses, hillary but are we learning anything . Reporter she has, neil. That has been to some Senate Democrats dismay really. When they tried to pressure judge barrett to divulge her political positions, her personal opinions on variety of issues. Were getting more clarity on her perspective on some key issues. She did though, tell the committee today, reciting Justice Ginsburgs rule. She will give no hints, no previews, no forecasts on how she would rule before any cases that will come before the court that really didnt stop democrats asking judge barrett if she will commit to recusing herself after the president indicated how important her nomination would be to determining the outcome of an election. The Ranking Member of the top democrat on the committee, senator Dianne Feinstein asked her if there was any legal precedent, if the president has the right to delay a general election and judge barrett responded with this. If i give offthecuff answers i would basically be a legal pundit. We dont want judges to be legal pundits. Judge barrett was also asked if she would recuse herself from the november 10th case california v. Texas that relates to the Affordable Care act. Democrats raised alarm bells to voters that the results of this case could result in millions of americans being stripped of their health care. Barrett said that that is not actually what the case does. That case really only looks at whether or not the removing the individual mandate essentially makes it null and void or if the statute still stands. Neil . Neil all right. Hillary, thank you very, very much here. One of the things were also focusing on is how she refuses to answer questions. She is very, very skilled at it. What amazed me watching all of this she is armed with only a small, you cant even call it a legal pad. Its a tiny notepad. She wasnt really referring to anything. It is all in her noggin which is a pretty impressive noggin. Lets go to katy jakkosk independent e. First how she is comporting herself whether its a liberal pick or conservative pick, most of these folks, those nominated by a given president have it down to a science. Try to answer a question would t pinning herself on a decision. How is she comporting herself in that regard, katy, what you heard already . I think she is doing an amazing job. It is tough to find areas to critique here. As hard as the democrats are trying it is really tough with her record and really tough the way she is answering the questions. She seems very composed and reasoned. Neil when youre looking at itg the democrat senators a lot has to do with the Affordable Care act. They are stepping back from the religion dogma thing. Looks like theyre taking a break. Assume it is 30 minutes. Having said that, ian, the Affordable Care act whether she would leave 20 plus million americans out on the streets without health care as a result. The one area getting specific it would not be the case. This is a funding issue. But where do you see this going . Well look, i think democrats are clearly making the Affordable Care act their position here. They want to get that out. They want to have their political points before the electorate but the bottom line is that judge barrett is doing exactly what judge ginsburg does, did, what any other judicial nominee will do, will not comment on cases not yet before her. That is inappropriate. She is doing the right thing. I would also add at the article three project, we have a zoom interview with one of judge barretts students, allison cox from notre dame and she had a really interesting perspective about judge barrett, how she approaches things, while she is a textualist, an originalist and would challenge the students who were also textualists, that they understood there is different approaches, different ways to look at things. I think she is showing this in her confirmation hearing she is a passionate individual, a wellreasoned person who is going to look at every case individually and make decisions based on that, not on some political precept that democrats think they can pin on her. Neil i dont know if any democrat will vote for her, any republican will not vote for her, so im wondering is this all elaborate kabuki theater, katy . The longer it drags out, possibility of anything happening, a revelation a development we didnt know about, but looking at it in that regard but could she and would she persuade, im going outside of the committee, any senators of the democratic bent what do you think . I think it is going to be a pretty tough sell given her staunch conservative positions. Not that that is going to be a problem necessarily for the aca or for roe v. Wade like the democrats are trying to insinuate. I dont think that, i think those are very specific questions about what the law is and what really her interpretation is but in terms of having democrats support her i dont think that is very realistic. Obviously she has the votes to get confirmed. We know that will happen here. It is nice to get at least some idea who she is. I think she is pretty rock solid on her record at this point. Neil she appears very unflappable. Sometimes i always remember with judge bork, going back decades here, especially when people are constantly attacking you, you get hot under the collar, you get nasty. It can get pretty honorary. I dont see any signs of that right now. I am curious in how you see the process going . The chairman, lindsey graham, made it clear again he wants to get this wrapped up. I was talking to senator Chuck Grassley who used to chair this committee yesterday and he was saying im very optimistic we can get this all wrapped up the week before election day. What did you think of that . That is two weeks . I think that is going to happen but i do think when were looking at what we saw over the past few hours you had some of the older Senate Judiciary hearing members that have been there for a longer time, what is really going to be sort of, what define this is hear something what happens when Kamala Harris gets up there, mazie hirono, sheldon whitehouse, richard blumenthal. Those are folks we saw during the kavanaugh hearings, weve seen during several Senate Judiciary hearings. They take it to another level. I think, you know, im sure that judge barrett will be able to handle it but i think that is where you will start to see attacks ramp up. I hope they refrain from those, it will look bad on their part and look bad to the American People that are watching. Neil guys, well see what happens. They are in the middle of a lunch break. I assume it is a lunch break for half hour or so. Amy barrett and everyone returns. The line of questioning is democrat republican, democratrepublican, were just a few senators into a process that still has probably conservatively another eight hours to go at the rate were going. Im doing the math backwards here. Be suspicious. You dont have to be suspicious of math and numbers talking to john layfield, a good read of these markets. I dont know if these amy barrett hearing are having any effect on the market. They zoom not. They seem to draw the conclusion she will, after some raucous hearings, get confirmed as the new associate justice on the United States Supreme Court. So what is moving stocks today . What is moving stocks today, what is moving it for some time, is about the stimulus talks. Well get some type of stimulus. Not sure what. Politically well not get anything. Even if you get asking passed right now well not get something until after the election this economy is kind of hanging on because of the stimulus. We have 11 million unemployed right now. We had 22 million our top, gotten their jobs back, due to the pandemic. Those businesses with job losses, losing so much money, restaurants at 25 , gyms closed are hanging on because of government assistance. They might make it through, get more government assistance to get through a vaccine. If we dont, well see a lot of trouble. Everything moving the market right now. It is two things, the government stimulus coming forward and vaccine talks. You have a lot of Clinical Trials. Pfizer being one that is due sometime about the middle of this month for a vaccine to see what would be possible for this country to get a vaccine. Neil all of this occurs on a day we learn j js own promising vaccine is halted because of a problem with one of the patients tested. This on the heels two weeks ago, astrazeneca was in the same kind of conundrum. Different reasons here. Does it give the markets pause . Speaking totally about market response, that it is going to be a tough for a vaccine to be out this year . You know, really have, what 10 weeks left . That looks unlikely . Yeah. I think, neil, i think it is almost impossible. I think the market is representing that. Things that are not going to respond well at all until you get a vaccine. You will have cruise lines, hotels, airlines, theater chains, they will not do well until people feel comfortable being in Mass Gatherings traveling with a large group of people where social distancing is not possible. You will not have those move until you see some type of a vaccine. Pfizer had a vaccine study coming out october 14th. Approximately when the third phase trial is ending. First phase you had antibodies double what you had for people who had coronavirus. That does not mean the third phase trials will be as successful. That is very good news for a vaccine study. Even if pfizer comes out the middle of this month, says the vaccine worked, the vaccine is good, it is going to take a period of time, five to six months, to go get hundred of millions of vaccines into the body of americans that need it so people will feel comfortable going back to their normal lives. Neil you know, john, one thing that is interesting is all the warnings from companies and some not yet reporting earnings and others are adding it to their earnings reports but in the case of delta indicating right now that a recovery could take upwards of two years. Already canceling about five billion dollars worth of airbus jet orders. Then you hear a number of others saying similar things. Boeing Third Quarter deliveries, half what they were a year earlier. Expects a soft market to continue for the foreseeable future. So i guess, that and the imf confirming a contraction that we all see, maybe not as bad as the imf was fearing just a couple of months ago. Play out how 2021 is looking for you. I think 2021 well see a rebound. I dont think well see a vshaped recovery. I think that is an i impossibility. We had 661,000 jobs but we have 11 million jobs needed to get back. That takes 1months at that rate of 650,000 jobs per month. That is what were looking at getting back to normal. Based upon last months jobs numbers which were very good. A vaccine compresses time. It helps us get there quicker. But i think 2021 will be a lot of trouble because we have businesses right now, 38,000 gyms in the country. This is typical of small business. A third of those are going to go bankrupt. And you see that in storefronts in new york city. 54 of storefronts in san francisco. We have a real problem here trying to get a bridge where we get back to some normalcy of Small Businesses that create over half the jobs in the country not being able to make it to that point where we have some normalcy. I think we got a tough time ahead as far as no matter who is president they will be dealt a pretty tough hand. Neil all right. Well watch it very closely. John, good catching up with you, my friend. John layfield. In the meantime were waiting another 45 minutes or so for apples big announcement. A closely watched stock. Its a great barometer on the appetite of consumer and goodies that the consumer is interested in at the very least. We know at least four new iphones. One going all the way up to 6. 7 inches. Im not sure that is a phony more but its a laptop. They are getting more bigger. They are getting more powerful. This thing will even make your breakfast for you. One of those things i said is not accurate. When we get back. Think well make it in time . You may not expect the unexpected, but you can certainly take it all. The lexus es. Wow, this rain is bananas. Now available with awd. Lease the 2021 es 250 awd for 359 a month for 36 months. Experience amazing. At your lexus dealer. Neil all right. This is apples big announcement day. It is also amazon prime days, a twoday affair for amazon. Well get to that in a second. Apple getting a lot of attention because of introduction of phones, that early reveals indicate are some technological marvels. They always say that kind of stuff though. This is not just, you know, an advancement. This is supposedly a big leap for apple. All apparently, close to 5g ready, you know, phones but, issue with 5g here talking about it, but where the heck is it . Ive been waiting and waiting but i dont see you it. Who knows, maybe it will happen and these phones will take full advantage of it. We have jerry kaplan, Digital Trends editorinchief. Very good to have you, jeremy. First off what youre hearing about the phones, their significance, the 5g tiein, your thoughts . The 5g thing is what were anticipating more than anything else. Youre right, it is going to be a big launch. What were hearing rumors about four different models, different sizes, one for every person, basically, right . If you want it big, you have a big one. If you want something smaller, we have smaller one. We think well see 5g across the entire lineup. Neil, what can i do with it . What is interesting here, apple has the power to move markets to shape the industry. A lot of android phones have 5g to date. Enough people where is it, what can i do with it . Once enough people buy this phone, series of phones or to the store, see the provider, im not seeing 5g here, the experience isnt what i wanted that will be interesting in terms of the people with the iphone, also in terms of can this help advance the industry and force, verizon, at t, sprint tmobile to move a little faster. Neil when will it be mainstream, the 5g thing . I know some cities that are trying it right now but when will it be like widespread . Legitimate question. I mean right now, lets be honest it is a lot of hype and a lot of hope. Where i live im not getting it. I went into the city the other day i wasnt getting it. I got 5g phones galore. Im not seeing it where i am. What we do need, a lot of things have to take place. A lot of steps we have to pass through to get widespread 5g especially a country as big as United States. Are the providers moving fast enough to address the need . Its a chicken and egg thing. Verizon does something, at t does something, if nobody is there to buy something what are they doing . I think the iphone will push everyone a little faster, start things gearing up a little faster. Be clear, 5g in the pandemic era is important. Talk about teleconnections you need fastest connection. Remote learning and education, you need the fastest connection. Neil to your point, there are phones out there. Samsung has a whole lineup. People were buying them in droves to be ready for it. Maybe apple will push it over that. Amazon prime day, twoday event. A lot of sales here. I flipped through a couple of them. I didnt see any real big buys on processed meat and cheeses. That might change but i wasnt really thorough. Jerry what are your thoughts on that . I heard figures that amazon could enjoy 10 billion or more in sales over this period. Is that right . Does that make sense . I saw that same number. Look, by the way, message me afterwards. I have a deal on prociutto you wont believe. I heard there are a million Different Things that are being discounted. I saw a coffeemaker i will go out and buy. There is demand for. Today is the deal you will get that deal. I think well see astronomical sales. I think amazon will do remarkably well. Amazon like apple, the company that moves the market in the industry. So what were seeing is best buy has sales on right now because of this. Target has sales because of amazon sales. So really amazon is pushing the entire industry to create a great opportunity for people to buy. Neil so do they buy all their stuff now, that is consumers, whether through amazon and prime day or walmart and target, some of these others, best buy . When you get closer to the holidays, closer to christmas, what have you, people say, no im done . In other words, do you rob just from future sales . Yeah that is an interesting question. There is also, neil, there is this challenge of a lot of people are maybe a little concerned about the economy, maybe theyre between jobs or worried about their own jobs. There is this underlying fear. At the same time a lot of people have not been spending money. Here is a great opportunity. We know there is deals. Theyre hammering it over my head, im seeing deals. Were curating them left and right at digital. Com. I think theyre buying extra things they need. For you it is prociutto, if you want some cheddar i show you where that is too. The deals exist. Neil traffic is up tenfold as a result. I dont know how that is possible but it is what it is. Jeremy, i always learn a lot. Thank you my friend. I will talk about the prociutto later. Very good stuff. Well be monitoring amazon and apple. Theyre bellwether stocks. As much to speak about appetite and spending and retail sales. There are mutual funds in the aggregate. Much more than just stocks. Having said that, the dow itself down 106 points, even in the face of better than expected numbers out of big banks, the early stars are reporting today, theyre not rewarding them. In fact theyre not rewarding really in general the whole market when you consider the advances what weve been seeing particularly in technology stocks. Look at nasdaq. It is still up, closer to a record than it has ever been after this. When i was in high school, this was the theater i came to quite often. The support weve had over the last few months has been amazing. I have a soft spot for local places. Its not just a work environment. Everyone here is family. Gonna go ahead and support him, get my hair cut, leave a big tip. If we focus on our local communities, we can find a way to get through this together. Thank you. If you are ready to open your heart and your home, check us out. Get out and about and support our local community. We thought for sure that we were done. And this town said not today. Neil all right. Thank goodness for disney. If not for that stock that is really advancing today we would be down a heck of a lot more than the 99 points we are. It is contributing 34, 35 points to and otherwise listless dow. You might have heard overnight that the ceo is sort of refocusing things to streamlining services and the like. What they discovered disney, or no, coming in or out of it, people like to do something online. That is not benefiting the parks where people are not keen waiting on lines. That has gotten to be a particular problem out in california where disneyland is closed because of pandemic issues but disney world is open but there are a lot of other issues there. Limited crowd capacity. Distancing provisions and the like. So what is the mouse house to do . Kristina partsinevelos following this back and forth between whats happening on either coast to disney operations. Kristina . Reporter well, you have members of governor Gavin Newsoms team now that are flying over to florida to check out Walt Disney World, to better understand the reopening protocols and figure out why florida was able to open up in a pandemic but california will not. This team member, these team members overall, it is still relatively unclear if theyre going to inspect universal orlando as well. So in a press conference on monday you had California Governor Gavin Newsom say that this inspection was necessary because, quote, while we absolutely take peoples word for information that they provide us we want to see things for ourselves. Disneyland in california was scheduled to reopen on july 17th. You can see this tweet well bring on your screen. That was posted midjune but clearly that hasnt been the case at all there has been a lot of delays because of increase in coronavirus cases in the state over the summer but the entertainment empire is one of californias largest employers. And a major source of tourism revenue. Recently unfortunately disney did announce they would lay off 28,000 employees from the park experience section with the majority in california. This is the issue, neil. Parks in california are still awaiting details as to how they can reopen and because of this, the stand still that is going on between disney as well as the state, disney executive chairman bob iger depart the States Coronavirus task force earlier this month, literally two weeks ago. So the california closures remain, but, you have florida, that went ahead and reopened Walt Disney World midjuly and then even hong kong reopened disneyland for the second time on september 25th. So it seems like this stalemate right now has no obvious end in sight. I say this just because last week governor gavin newsom said he was in no hurry to reopen disneyland and other california theme parks. Keep waiting i guess . Neil yeah. It is a sign of our times, keep waiting. Kristina, thank you very, very much. Life after the pandemic, but for some it has been more brutal than others. Giano caldwell joins me fox news analyst. A great pod cost, out loud, where he gets into issues like this, disproportionally hit low income families. Absolutely. 26 states in july, more than one in five individuals were late on their rent. If you look at just the business data for Small Businesses over 24,000 of them have failed since the pandemic began. My real concern and consideration beyond those numbers i think a lot of states and local leaders who happen to be democrats may have taken measures not simply for the protection of their citizens but also for political reasons, maybe even to hurt president donald trump. I say that as an example, my younger brother who is a junior in high school in chicago, his school says they will be doing Distance Learning up until november 4th. You have got to return back to school the day after the election, which doesnt make sense to me. Weve seen reporting of other localities around the country where people are seemingly going to resume business as usual, talking about governments after the election. And that is pretty problematic especially considering the w. H. O. , the World Health Organizations says the lockdowns should only be taken as a last resort. That is only to reorganize kind of like disney is doing, to reorganize so people can open back up again, not to keep it locked down for seven months this is problematic for many people. Neil yeah. Disproportionately hitting lower income groups. That is apparently still the case when things open up again, that they are still behind the eight ball. It is unstoppable. You know what . I was talking to Kimberly Klacik on outlawed with Giano Caldwell. I encourage you describe, they give us a fivestar rating listen to the episode how this very issue, how these policies impacted those who are on the lower end. Talking about marginalized communities like hispanics and africanamericans. Clearly what needs to be done here and truthfully speaking i think this is the time, i know were right before an election, this is the time where we do need a stimulus package. We absolutely need it. Businesses need it. And this isnt the time for nancy pelosi and even, in cases President Trump to play any politics when it comes to this funding. Now i know it has been nancy pelosi thing for the most part. Theyre requesting a large sum of money and to bail out states but at the same time, this is when both sides must show leadership and come together to solve the nations problems. And yes, this is what we talk about on out loud with Giano Caldwell my podcast. Who Newt Gingrich is executively producing, mr. Newt gingrich, the speaker. Neil wow, the company you keep. The company you keep. Good company. Neil i got to hear this. I got to hear this. I got to get into this. Thank you. Well see what happens on all of this. As gianno was talking about stimulus here the president as you know already maybe we should go big. He was onboard with that 1. 8 trillion republican plan. You know nancy pelosi was not too keen on it. It was not generous enough. Theyre at around 2 to 2. 2 billion. Theyre separated by couple hundred billion dollars. Were hearing word Mitch Mcconnell was never enthusiastic happening before election day. He said a relief package will go on the floor of the senate next week, will be roughly 500 billion. That is not nearly as generous as the president wants. Not even close to what the democrats want. But theyre still moving the ball or trying to. Wall streets reaction to that you can see. Nonplussed. More after this. Neil all right. Another poll out shows the president trailing joe biden by double digits. That isnt new but again, the trend is certainly not been the president s polling friend no matter what you think of the polls. Theyre outside the margin of arecord. Theyre widening to the degree significantly wider than they were four years ago, but, but the crucial issue is the electoral vote, the Battle Ground states that help you on stain 270 votes you need to become president of the United States. That is where donald trump won it four years ago, taking the time to put all of his energy into visiting states that Hillary Clinton at the time had taken advantage thinking that she didnt have to really hustle. Joe biden is hustling but the president is hustling even more between pennsylvania stops today, two,three, four, stops per day leading up to election day, he will be a busy fellow. Jackie deangelis taking a look at the Battle Ground where things stand right now. Reporter good afternoon, neil. You have the 2016 map. There is lot of red on this map why donald trump won. Lot of states in play today. Wisconsin is a state president got in 2016. Tomorrow is the deadline to register to vote either by mail or in person. Wisconsin is one of these states were watching closely. Vice president mike pence as a matter of fact is on his way there this afternoon. You mentioned the polls as we were heading into Election Night last year. The polls showing similar trend, right, joe biden in the lead here but theyre telling a different story when it comes to the economy. The economy is as important as the coronavirus right now. And when it comes to the economy President Trump polls pretty well. People think that he is handled it well t could be a factor that helps the president as we move forward towards november 3rd. And as i mentioned in 2016 Hillary Clinton was leading in these polls ahead of election day. I want to talk about wisconsin here. Take a look at the poll before the election in 2016. Hillary clinton was leading the president by 6. 5 points. She had 46. 8 . He had 40. 3 as we went into the election. The Unemployment Rate in wisconsin, very significant here. In march it was 3. 1 . Below the national average. In april, it shot up to 13. 6 . That was during the pandemic. In august, it is back down to 6. 2 . So it is higher than it was in march but definitely seeing the trend line going to the right direction here. I want to look at wisconsin specifically for one moment. The key county that we were watching there, one of them was kenosha county. You can see here the president did win that one but only won it by. 3 of a point. That is how close this kind of race can be. I want to shift gears to talk about ohio. It is another state weve been talking so much about. Clinton was 2. 2 points ahead heading into Election Night last year. The Unemployment Rate there, as it stands right now, 5. 8 in march. Shot up to 17. 6 in april. In august it was back down to 8. 9 . So it is still on the minds of people who live in ohio. I want to take you on the big map here into stark county. This is one of the key counties that we were watching as well. You can see it went for trump there, 59. 1 , by a very healthy margin. What people are saying, right now, neil, as we head into the election. He has to repeat the same path that he created for himself last time in order to keep his seat in the white house. Back to you. Neil jackie, thank you very, very much. A little bit later in the show well take a look at the big effect the stock market could or might not have on the final results. President trump does have some bragging rights that no republican president before him has scored the gains in the market that he has in his time in office. Only one other president , im going to give you a hint here, not a republican, did better. After this. Im searching for info on options trading, and look, it feels like im just wasting time. Thats why Td Ameritrade designed a firstofitskind, personalized education center. Oh. Their awardwinning content is tailored to fit your investing goals and interests. And it learns with you, so as you become smarter, so do its recommendations. So its like my streaming service. Well except now youre binge learning. See how you can become a smarter investor with a personalized education from Td Ameritrade. Visit tdameritrade. Com learn visiso youre a smallm learn bor a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Neil all right. For the second time in as many months a major drug manufacturer has halted or at least frozen in place vaccine trial. Johnson johnson, the latest to say this because of problems with one particular patient who had very adverse reactions. That sounds familiar to you, it was almost exactly what happened with astrazeneca when it too had to halt studies because of a patient to developed meningitis. How much of a let down will it be for a push for vaccine this year, certainly next year, gerri willis is following it all has the latest. Hey, gerri. Reporter neil, thats right. Johns and Johnson Johnson is halting vaccine trials after a volunteer had a unexplainable illness. They have 60,000 member phase three trial, began in september. Began enrolling people in the u. S. And other countries. Listen. 60,000 patient study. Unexpected adverse events are something should be expected to some degree. I think the best way to answer that is, we have not altered our investment plans in terms of expanding our manufacturing capacity. Were still on the timeline for First Quarter next year for potential approval. Well let the science dictate how we proceed. Reporter so those trials on pause obviously as an independent safety monitoring board reviews the study subjects illness. It is unclear how long the pause will ask. As you mentioned astrazeneca paused Clinical Trials of its Covid Vaccine after a person became ill. That trial has restarted. J j is trading lower. Grand central oyster bar is closing its doors again after just 12 days back in business. The iconic 107yearold eatery reclosing to due to lack of traffic. It sure didnt help Indoor Dining is limited to 25 capacity in new york city. Operators telling the New York Post that the bar will reopen but they did not specify a timeline. And finally, carnival is canceling november cruises out of miami and port canaveral, florida. Earlier this month the Cruise Company discontinued u. S. Trips for other u. S. Home ports due to the cdcs no sale order. As the pandemic continues to slam the travel industry, you see carnival shares. It is called port canaveral, neil. Back to you. Neil i hear you. It is one of those days. Thank you very, very much, gerri willis. Add to that boeing coming out saying well delay the plane orders from airbus, maybe indefinitely. That is five plus billion dollars in orders that have been shelved for the timebeing. Also talking about the possibility, forget about middle of next year. Boeing says this will be hanging over its head for at least another couple of years. Into the mix, the president of the United States. He is busy traveling around. Of course going to be in pennsylvania today but he is tweeting what are pretty aggressive travel plans to keep things going right now. Tomorrow he is in iowa. After that greenville, north carolina. On friday he is going to be back in florida. Also you know, taking stops in georgia. Some of these are multiple stops in the same day. Aggressive pace. Hopes to maintain right through the election. So we shall see on that. John treanor joins us not necessarily on the president s travel plans, how maybe he can incorporate what wall street has been doing because despite todays minor dropoff in the dow, the markets are at or near their record highs. In fact this president has had the best Market Performance of any president , save one, certainly all republicans, the one that he trails right now is bill clinton but nevertheless just a remarkable performance that so far i guess, john, hasnt you know, picked up support in the polls but what do you make of that . That is pretty impressive . You know, neil, it is incredibly impressive and you know, a lot of your viewers, just think back to Election Night. At 3 00 in the morning i was up, the dow futures on Election Night in 2016 were down 800 points. Neil i remember. Yeah. So if you were up that night you would have never guessed that we would have had the last, almost four years of really an incredible market. And it really has been driven by some of the greatest companies in the u. S. , the growth stocks, technology stocks, the best companies that we have, have really been the driving force behind this economy and it is truly been spectacular and unexpected. Absolutely. Neil the president keeps pounding the thought, joe biden says this is limited to the fat cats and all. Quite a few people are invested in these markets directly or indirectly. 1 3 of American Families at a minimum. Again the argument is the rich getting richer and no one else. I dont remember him saying that when we had the Big Stock Market boom under bill clinton. Be that as it may, do you think this resonates with people, that they look either at their union plans or their 401 k s or their investments, whether theyre teachers, firefighters, policemen that are pegged to the markets performance . Yeah. You know. In my role i have the chance to travel around the entire northeast and i talk with Business Owners and individuals and it doesnt matter whether they voted for President Trump or not back in 2016. Two things have happened. Number one, their 401 k s as you just mentioned have risen. Theyre very, very pleased with that. Those are important dollars. But more importantly, when, you saw the Unemployment Rate in february at a low that goes all the way back to 1969. So you know, certainly your 401 k is great but when you take a look at the job growth that we saw over the last four years, that is incredible. And you know, you may have had a job but now you know, your kids have got jobs. Other family members have got jobs. So that income coming in is even more important for a lot of people in this country than the 401 k , then the investment gains. So you finally did start to see a rising tide lifting all boats over the last several years. Which really is very impressive. Neil yeah. Well see if it pays off for the president. Of course he will be pounding that theme. Do not minimize Market Performance in an administration no matter what political stripe you are. It is not a minimal amount which americans are invested. They have a lot at stake, a lot more at stake more than appreciated by the general media on the left or the right. That is a lot of green. Meantime, getting ready for apples big announcement here. Four new iphones, talk about technology that has been running rampant, a big doubling of price under apple, just under this administration, say nothing of the world leader. More people own this stock than any other the planet, on the entire planet. Lets see how the announcement goes today. They could find some more. After this. Keeping your oysters business growing has you swamped. You need to hire. I need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventyfivedollar credit when you post your first job at indeed. Com promo muck. Neil all right, for your poll tucks and for your politics and for your money, the fate of the Supreme Court right now, the confirmation hearing for amy barrett continued. Resumed after a long lunch break, theyre going to go on until at least 8 or 9 p. M. Eastern time, judge barrett for another eight hours or so. The other big story were following at the other end of the country, apple announcing a slate of new upon thes, maybe some other goodies here. That is getting a little more scrutiny than these types of announcements usually get because just the sheer size of apple by market value at better than 2. 5 trillion, the richest, Biggest Company on earth. And right now the most widelyheld stock on the planet. Susan li with whats at stake and the importance of todays announcement. Susan. Oh, okay, i apologize. Were going to go to susan momentarily. Hillary vaughn, first off, on those hearings going on in washington. Maybe for all i know the judge has commented on apple. I seriously doubt it, but its up to you to rescue me, hillary. [laughter] reporter no, apple has dot. Com up in todays hearing not come up in todays hearing, but we are getting interesting insight into what democrats what about a potential Justice Barrett to do. Chairman graham has said he wants a vote on this nominee by october 22nd, thats his goal, but some democrats are already trying to get a potential Justice Barrett to commit to recusing herself from one key case that happens just a week after election day, thats california v. Texas that relates to the Affordable Care act. California v. Texas puts a whole new weight on your nomination. Senator, the issue and the case thats coming up doesnt involve, its not the same issue in california v. Texas as if whether now that congress has just completely, you know, zeroed out the mandate, is it okay with the statute, could you just pluck that part out and let the rest of the statute stand. Reporter judge barrett faced a number of questions about the election and possible legal challenges that could pop up. She was specifically asked about the comments about her nomination and its significance when the president said he wants a ninth justice on the bench to decide any challenges over mailin ballots postelection. She said this, the courts should not be politicized. She also said she has had no discussion with the president about any potential electionrelated lawsuits, and she has made no commitments to him how she would weigh in one way or the other. Does the constitution give the president of the United States the authority to unilaterally delay a general election . If i give offthecuff answers, that i would be, basically, a legal pundit, and i dont think we want judges to be legal pundits. Would you recuse yourself from the many disputes that arise out of the 2020 president ial election . Always the decision of an individual justice, it always happens after consultation with the full court. So i cant offer an opinion on recusal without short circuiting that entire process. Reporter neil, there was one telling moment that really speaks to how prepared judge barrett is for this hearing. Senator cornyn asked her to hold up her notes that she prepared for this hearing today, and she held up a blank note pad with nothing written on it, the only thing on it was the stationery header that read United States senate. Neil . Neil thats amazing. All in her head, amazing. Hillary, thank you very, very much. Hillary vaughn on all of that. You notice from some of the wider questioning, an issue that has not come up, the religion issue or catholicism, the dogma lives loudly in you, none of that. And it might have something to do with a reminder from 60 years ago. Take a quick look. While this year it may be a catholic against whom the finger of suspicion is pointed, tomorrow it may be you. Neil all right. Those commercials feature thensenator kennedy running for president addressing head on concerns that as a catholic, he would answer to the pope and that that wasnt right. His in your face response to that create schism and saying anyone of a religious bent would then be excluded from the highest office of the land because of us pushes of religion suspicions of religion dominating their office. He put it to bed then. Now suspicions because maybe because of all the judge is under on this issue, particularly when she was trying to get on the court of appeals she did eventually get on that maybe its a moot point now. Lets get the read on all of this from former congressman bob barr, the house manager during the impeachment hearings the clinton impeachment hearings. It seems as though this whole catholic thing has been put to bed. I dont want to jump the gun, but what do you think . I new youre wise not to presume that the democrats will continue to behave themselves like adults on this issue because time and again theyve surprised us, and i think go off the rails even though they shouldnt. But i do think that the republicans and conservative groups generally over the last few weeks since the president nominated judge Coney Barrett have played the issue very well. They have reminded the people of this country and particularly senators that we live in a country in which there should not ever be a religious litmus test. So i think they have done a good job reminding the democrats that they need to tread carefully here. Now, whether theyll backslide, thats always a possibility. But as of now, i dont think thats going to be a major issue. Neil you know, i tend to agree with you, youd think they would run the other way, but i did think it was very savvy to mention the jfk example, what he was encountering. And democrats ought to be reminded, oh, yeah, you know, that was a big issue, and he slapped it down. She has similarly tried to do the same. I guess what im asking, there is still though and youre quite right to say that shes not just a catholic, shes really, really catholic as if to say shes nuts, so theyre going to try to bring up other statements, remarks, writings because her time as a judge has been relatively brief, three years or so. And theyre going to go back to that. What do you think of that strategy . Its really the only strategy they have that makes any sense at all because she does not have a lengthy record on the court of appeals. We saw, for example, this morning senator durbin tried to go after her as a gun nut, simply because of a dissent that she wrote in a Second Amendment case last year, i think it was. It failed because she was ready. She explained very carefully her dissent in that case with regard to, you know, federal law and the right to bear arms, not have it taken away arbitrarily by the government. So theyll continue to do that. As far as the specific decisions, even the dissents that shes written, but this is like other recent nominees to the high court. This president has chosen very, very right people who are not going to be cowed by the bullying that senator feinstein, for example, and cory booker and mazie hirono rewell known for. Are well known for. Neil do you think itll go according to script, all republicans will vote for her, all democrats will not . I think it will. We see, for example, all day yesterday the democrats with their, you know, silly pictures behind them that had nothing whatsoever to do with this judge or this hearing or this issue, theyre simply making a political, political circus out of it. Theyll continue to do that because i dont think they have the votes, and i dont think theyve been able to cover any issue or nonissue like the one that they beat up judge kavanaugh with two years ago. Neil i think their strategy might be, all right, it looks like judge barretts going to get in. Shes going to be, you know, an associate justice of the Supreme Court, but we can make points here talking about the risk to the Affordable Care act, the 20 million who could be left without any insurance at all to sort of tee up an issue to help, you know, democrats in three weeks. What do you think . Thats exactly their strategy, neil. They, i think, have concluded they dont have the votes to derail her nomination either in the Senate Judiciary committee or on the floor, so theyre just making, taking the opportunity at this confirmation to raise, to scare voters on other issues that have nothing whatsoever to do with it but which may help senator biden and Certain Senate races; that is, the Affordable Care act. Neil right. Well see. Thats what they argue got them the house back, so well see. Bob, always good catching up with you. Dont be a stranger, love to have you back. Bob barr, former congressman. Right now were three weeks away, as i said, from the big election and an issue that has hounded the former Vice President , his views right now, well, take a look. Sir, dont the voters deserve to know no, they dont. Im not going to play his game. Hed love me to talk about ive already said something on packing the court. Hed love that to be the discussion instead of what hes doing now. I dont want to get off on that whole issue. I want to keep focused. The president would love Nothing Better than to fight about whether or not i would, in fact, pack the court or not pack the court, etc. The focus is why is he doing what hes doing now. Neil all right. Nevertheless, the former Vice President did inch the closest he ever has to saying hes not a fan of packing the court, something he was against way back in 1983 when he was a young senator from delaware. I would say slightly left of center, ford obrien, attorney and the rest. Danielle, it looked like he blinked on this issue a little bit or tipped his hand that this aggressive effort and the anger among democrats to say if republicans get their way, we get the senate, you get the white house, joe, were gonna pack the court. Was that his way of saying, no, were not . I dont think so, neil. I think hes trying to thread the needle here very carefully. He doesnt want this election to be about the court, he wants this election to be about neil he said hes not a fan of it. Thats the closest hes ever come, said hes not a fan which means to me i dont like it. I think its smarter political strategy simply to say, look, after the election this is what do the American People want, you know . We already see that polling of the American People dont Want Congress to be focused on this, they want them to be focused on pandemic relief. I think he throws it back to the American People. And i think he also needs to talk in a way, i think Pete Buttigieg has a real nice way of talking about the court which is different numbers of justices at different times. Theres nothing constitutionally prohibited to increase the number, just as its okay out of the constitution to hold open seats like the republicans did with Justice Scalia as seat. I think hes trying to thread the needle, but i think if he throws it to the American People, there might be a way to do it. Neil theres threading the needle too much. They just want a straight answer sometimes especially when it comes to fracking and, you know, im not against fracking, then you have to go into the weeds a little bit, hes against fracking on federal lands. I get that, but he plays it so safe, so cautiously, the Supreme Court thing is an example of that. I almost feel he doesnt want to do anything to disrupt his lead. Hes playing it almost too safe. To your point, youve mentioned this before, whatever hes doing is working. He leads in the polls, leads in these battleground states. But, again, you know, so did Hillary Clinton four years ago. Is he playing it too conservatively . You know, i think well find that out on november 3rd or 4th, whenever we get the results. Look, i think what hes trying to do is [inaudible] than Hillary Clinton could. And i think the progressives in his party want him to shout from the rooftops, yes, were going to add seats to the court. Not the term court packing, which has become a pejorative, but were going to fight fire with fire, i think thats what progressives want. He he needs to win over republicans and independents, and it looks in the polls like thats what hes doing. And i think honestly going out there and having rallies, President Trump, and looking irresponsible, i think its part of his strategy is to sit tight, to not give too much away, or to be seen as sort of this decent alternative to the president , you know, and let the people decide. Nearly 2 Million People have already voted, you know . He could also, i think, do a better job of pushing back on what trump is doing by rushing this nomination through, and i think we could see [inaudible] than it currently is because of what theyre doing which really flies in the face of everything [inaudible] neil all right. They might get a Supreme Court justice out of it. Yeah. Neil yeah, it could happen. Daniel, thank you very, very much. Danielle mclock land. As she indicates here, were still early in this process, anything could happen, you know . The voting, you know, group that we now have out there going to the polls already and when you talk about mailin ballots, better than 5 million now have already been cast. Is this too little too late . Theres just no way of knowing, but maybe we will pretty soon, like in three weeks. All right, in the meantime, taking a look at apple and the big announcement, today theyre dealing with, im told, there are going to be four new iphones, one going all the way up to 6. 7 inches or 6. 7 feet. [laughter] 6. 7 feet would be very unwieldy, but you dont know what happens, do you . More after this. When i was in high school, this was the theater i came to quite often. The support weve had over the last few months has been amazing. I have a soft spot for local places. Its not just a work environment. Everyone here is family. Gonna go ahead and support him, get my hair cut, leave a big tip. If we focus on our local communities, we can find a way to get through this together. Thank you. If you are ready to open your heart and your home, check us out. Get out and about and support our local community. We thought for sure that we were done. And this town said not today. And if we win, we get to tell you and doug. His town said not today. How Liberty Mutual customizes Car Insurance so you only pay for what you need. Isnt that what you just did . Service stand back, im gonna show ya how doug and limu roll, ya you know you got to live it if you wanna wi. [ music stops ] time out only pay for what you need. Liberty. Liberty. Liberty. Liberty. Neil you know, very few companies whn they announce new products get the cupid of attention apple does kind of attention apple does. Its a big deal when apple, a trendsetter for technology and all things retall now, makes new additions to its lineup including at least four new i e phones, some other goodies, were told. Susan li has the latest. Yeah, i guess youre more influential when youre the worlds Biggest Company, neil. Keeping us on our toes so far from apple, right now were in the iphone part of the introduction. Tim cook announcing, yes, we are in the 5g revolution and in the super cycle. Currently right now were hearing from the verizon ceo whos making an appearance in this presentation. We are expecting, yes, four new iphones, three different sizes, and some of them to be 5g capable which means faster speeds, down load speeds in the future. And also telling a lot more when it comes to the chinese market, since 5g is more oozily adaptable in that easily adaptable since its across the entire country whereas here its more spotty. Tim cook surprising with his announcement initially because usually you would think that this is the one more thing at the end. But, no, apple started with this. Listen. We design our products to work better together, seamlessly and intuitively. We also designed them to be secure and to protect your privacy. Because you should be the one in control of how your personal data is used. We applied these principles when we created home pod. Home pod is a breakthrough speaker that combines precise highfidelity sound with the intelligence of siri. There you go, the home pod mini, which is their mini speaker, cheaper at under 100, its 39, ships on 99, ships on november 16th. Lets get to the meat of the presentation. Every decade theres a new generation of technology that provides a step change in what we can do with our iphones. The next generation is here. Today is the beginning of a new era for iphone. Today were bringing 5g to iphone. Also the biggest redesign since 2018, flatter edges, Something Like a smaller ipad is what youre getting with these new iphones. They havent called it an iphone 12 just yet, but were expecting a mini, a 5. 4inch, and then the large one, 6. 7 inches. Were trying to get through this presentation, should be two hours long. This is important for apple. As you know, neil, this is a big grown up grade super cycle that big upgrade. The stock is closing in on record levels which makes apple the Largest Company on the planet. And so, yes, we are going to, i guess, wade through this. But its exciting. Neil indeed, it is. I got the large phones here [laughter] i dont oh. Neil no, its an ipad. Just a little bit. You know, susan, they never talk about the quality of the calls on these things or the sound, its always, you know, the camera and how fast the processer is. I dont know, when i was your age, young lady all right, susan li on all of that. Scott galloway joins us, nyu marketing professor, so much more. Scott, youve heard distributes and drabs of dribs and drabs. Samsung as a whole fleet of 5gready phones, apple follow that, i know android, other makers are going to have and do have 5gcapable phones. The trouble is finding 5g and getting it. Where are we on that . Youre absolutely right. Theres a lot of first off, neil, good to be with you. Theres a lot of regions and a lot of applications that wont be able to actually access the 5g technology. But i think loosely speaking, this super cycle, this demand, this reason even if its more perception than reality to upgrade is a big deal. Keep in mind if you take a step back, the iphone is singular. Its the most profitable product in the history of business. Its driven before shareholder value than more shower holder value than any product or service, so any tangible excuse to upgrade, and this probably is the most tangible reason to upgrade, is a big deal. Neil now, it also carries with it, you know, all the apps and Everything Else that, you know, apple makes money hand over fist. Problems with fortnite notwithstanding. Im just wondering whether you kind of tip thed your hand there about whether its worth the leap, i mean, whether its just something a progression, or something serious enough for people to consider, all right, ive held on to my older version of phones going way back, im now going to upgrade. Well, apple has experienced their iphone sales actually peaked in 2015, so this is a company that i dont want to say needs to grow into its share price, but its share price has doubled in the last 18 months. It typically trades at a multi of earnings of somewhere between 12 and 16, and it closed yesterday at a multiple of 38. So it needs, it needs catalysts, and this could be the catalyst to set a new record for iphone shipments, over a quarter of a billion phones could go out the door this year. And generally speaking, consumers are busy. So if the message is this is a great product and we, we as an economy have been better at building the technologies and the apps than we have at creating the throughput or the bandwidth to support our creativity on the front end. All the dreams of autonomous driving, better techniques for manufacturing, all of that, potentially the friction there is, in fact, bandwidth and throughput. So the idea of the best product in history with the most creative people building apps that now has, if you will, a turbocharge against the data that were all so thirsting for, its computing. Whether or not it lives up to the hype, well see. All they need is the hype. Youre looking at record iphone sales, the most valuable company in the world which is up 639 year to date 69 in the midst of a pandemic, and itll likely go higher. Neil let me switch gears. Another cool stock, trendsetting stock, tesla. They just recently announced theyre cutting the price of their model s i believe by 4 . Theyre obviously trying to goose sales. This has been a hot flyer, but with an element of risk. It has huge swings. What do you make of what teslas going right now and its plans to expand its Battery Capacity and the rest . What do you think . First off, just some fine print, neil, you should ignore everything i say about tesla. I i thought it was overvalued at 300 a share [laughter] and now its 2,000 a share. So i could not have been more wrong about tesla. I was under the impression it was an Automobile Company, but if you want to talk about a story, lets go back to march. Tesla was the fourth most valuable Automobile Company in the world. Five months later its not only the most valuable in the world, its worth more than numbers two, three and four, toyota, daimler and volkswagen. This is a company that has produced 400,000 cars, and its worth more than the other three companies that produce 24 million cars. So this is the ultimate story stock. Its become more about the narrative than the numbers. But to their credit, they keep delivering, they keep surprising and delighting, and the market just loves tesla. Neil yeah. The market also has been responding to the positive ponce tesla response teslas getting with electric vehicles, all of the automakers are beefing up. So is the, the immission going to hurt imitation going to hurt tesla Going Forward . Theyre not doing that anymore. Yeah. I mean, okay, so the total number of electric vehicles globally is 2 million. The total number of vehicles is 1. 2 billion. Now, is that a feature or a bug . Does it mean this whole space is overhyped or that the total Addressable Market is so dramatic that theres huge opportunities. Tesla is getting scale. Theyre reflecting that scale by lowering, by lowering their prices. But tesla, in order to justify the valuation, i mean, theres Something Else going on here, neil, and i think its a bigger story. And that is last quarter we had a record savings rate. Americans have never saved more money than they did after getting their stimulus checks, and the question is what are they doing with that stimulus. I would argue a lot of them, especially young men, are entering the markets and deciding to buy story stocks. And theres no story thats more compelling and more exciting than tesla. Now, traditionally that doesnt end well. Youre old enough and so am i to remember 1999 with etrade and young people believing markets always went up. But tesla continues to surprise to the upside, and its been a difficult stock to bet against. Neil fascinating. You know what i always love about having you on . Youre a straight shooter, you admit if you missed Something Like on tesla. I would never do that, young man. But you do, and i just think it strengthens your credibility and your expertise. Call a spade a spade, call it like it is and let people decide. You know what youre talking about. Is so thank you very much, helping us with that. Thank you, medical school. Neil tesla lovers occupant there, apple lovers occupant there, amazon lovers occupant there, tech is what the heck. Thats what investors are key on. And something out there might be out there, but its not hurting these issues. Not a one. Not yet. More after this. They say im immune, i can i feel so powerful, ill walk into that audience. [cheers and applause] ill walk in there, ill kiss everyone in that audience. Ill kiss the guys and the beautiful women and everybody. Ill just give you a big, fat kiss. Neil all right. The president in florida. Thats where we find our connell mcshane, in clearwater beach, florida. Important state for the president , he needs to win it again. Connell, what are you seeing and hearing . Well, we talk all the time, neil, about florida being the, quoteunquote, swing state. But theres not many swing counties in this state. However, this is one where we are today, one of only 4 out of the 67 counties in florida that when obama won in 2012, trump in 2016. Pinellas county almost always gets the president ial election right. Going back to 1980, its picked the winner in every single election with one exception, the year 2000, and that was a different year, to put it mild lu. The county itself, when we look at it, is also split. The democrats have a lot of support in the city of st. Petersburg whereas remoneys do better in the republicans do better in the northern part. In clearwater beach, we found some potentially encouraging news for the president s reelection. Remember, he needs to win this state if he wants to be reelected, and he still has plenty of enthusiastic support here. I like everything hes done on the economy. Ive liked what hes done with our military and basically everything he campaigned on he actually did. Well, im voting for donald trump and believe that were better off than we were four years ago and hell keep us moving forward and well get this firing. Now the question, of course, as it always does, comes down to turnout, neil. Whats interesting is the early, inperson voting doesnt start here in florida until monday, but theyre voting by mail already, and we had some numbers from the u. S. Elections project that came in this morning that showed that on the democratic side, among democratic registered voters, 904,000 ballots were returned, and that compares to 520,000 for the republicans. One of many factors were watching as we expect the state to be so close. Neil thats interesting. All right. Thank you, buddy, connell mcshane, catch him at 4 p. M. Eastern time from florida. Charlie gasparino with us now, a lot of no to joe biden, huh, charlie . I think joe biden wants to kiss the wall street guys i cant believe he said that, but i think depress. Heres what we node i digress. The last two election cycles wall street bet wrong. It bet for romney against obama, and it lost. Obama won in 2012, and then in 2016, obviously, Hillary Clinton lost to President Trump, and wall street heavily, heavily endorsed her with donations. So this isnt, you know, this isnt Rocket Science here that, you know, wall street often bets wrong. They bet right in 2008 and many other elections, but the last two ones it got wrong. And right now i guess President Trump is hoping they got this one wrong, because wall street is betting heavily on biden right now winning the election, and theyre doing it with their checks. If you look at the major wall street firms, you look at the goldman sachss, morgan stanley, jpmorgan, bank of america, citigroup, its almost twice as much money going to biden than it is going to trump. The golden one struck me as very goldman one struck me as very interesting because theyve given trump is so little money, were going to have a full writeup on this, theyre giving trump almost as much money as they gave Michelle Caruso cabrera, the former cnbc host who ran against aoc in the democratic primary recently and lost. She was a huge underdog,. She lost by a wide margin, but that gives you some context on how little wall street is basically giving money, given to President Trump and how theyre betting incredibly with biden. The other interesting thing commercial real estate. Again, its closer in commercial real estate and, again, well have the full numbers, just a few Million Dollars difference. But still, commercial real estate is betting heavily on biden. What confounds me about wall street and commercial real estate, if you believe biden by his words, neil, hes going to torch both of these industries. Its going to be higher regulation, a lot more Capital Gains taxes which goes right at the wall street customer base, the wealthy small investor. On commercial real estate, hes looking to zero out a ton of exemptions because he believes that the Real Estate Tax code has unfatherly benefited unfairly benefited people like donald trump. So is biden will go after both of these industries. So i asked people on wall street and in real estate why are you supporting him. Again, they like supporting a winner, and they think that bidens going to win. But the other thing is they believe biden is more rhetoric, more bite than bark more bark than bite on this kind of thing. Its treeing to appease the left, and hes not going to do the full amount of the tack increases. I think theyre crazy because i think he has to do them to keep the left wing of his party in check, but thats what theyre delling me. Its a bizarre bet, but they are going for joe biden despite the fact that bidens going for them. Neil, back to you. Neil yeah. All right. Donald trump has made them very, very rich, but it is what it is. Thank you very much, buddy. Charlie gasparino. Were monitoring amazon, day one of this prime day, can kickoff of super sales. Im not finding it, but maybe someone else has. Well have more afterthis. Since pioneering the suv in 1935, the chevy suburban has carried many things. Nothing more important than family. Introducing the most versatile and advanced chevy suburban and tahoe ever. Its about the humans. Fun loving, fast paced humans. This human that human or these humans. Its about getting more than Health Insurance and a partner who listens and acts. Humana calls it human care. Its about offering a range of Medicare Advantage plans that are easy affordable and packed with valuable benefits many that include Prescription Drug coverage. Its about talking to your doctor from your couch. Helping you find cheaper prescriptions before you even ask. And a plan as low as a zero dollar monthly plan premium in many areas. Call or go online to speak with a licensed humana sales agent and get your free decision guide. Its about getting to know you to help you be your healthiest. Helping you find specialist and schedule appointments. Keeping you social online or off and covering you in emergencies wherever you are. Its saving big on prescriptions like humana Medicare Advantage Prescription Drug plan members who saved an estimated 7800 dollars on average on their prescription costs last year. Its about feeling your best with Preventive Care and silver sneakers fitness programs. And its knowing that your dental and vision care are included with most plans. Its about affordable allinone Health Insurance by humans for humans. This is the Medicare Advantage plan you deserve. So call or go online to speak with a licensed humana sales agent and get your free decision guide. Humana a more human way to healthcare. Neil all right. Its amazon prime day. Everyone is psyched. I got some very, very dismissive emails from folks who said, neiling, i can tell you if you go in the search bar and look up meats and cheeses, plenty of sales to be had. Are you that much of an idiot that you dont know how to do this . [laughter] i guess i am. I stand corrected. I was looking at the deals, processed meats and cheeses. It turns out they have a couple of wisconsin samplers. I dont want to give it away, but you want to rush because theres a lot of that going on here, and i can imagine thatll go fast. Lauren simonetti has been preruse this, and perusing this, and theyre looking for a lot of sales. Even on processed meats and cheeses. I throw it to you. Im on the wait list for some of those meats and cheeses just for you. Ill let you know. Can you believe this is your sixth amazon prime day . Year six. And about 16 billion in sales generated because of this super popular shopping bonanza that kicked off back in 2005, and this year could be yet with another record. Some analysts expecting as much as 10 billion in sales over this 48hour stopping extra began sa. Amazon is attempting to pull forward the holiday sales into october. They are so big and powerful that, yes, theyre dictating how and when we shop. At least 200 retailers also offering im calling this black friday i. Black friday deals now, in october. Several of the copycats, the bug ones like target and walmart, theyre actually competing in ways that amazon cannot compete, and thats with speed. Theyre using their store network. They have all of these stores, or theyre using them as warehouses. So you go online, or you place your order, and then immediate lu you drive up, and they put the item in your car, curbside pickup. Amazon cannot compete there. This saves the shopper time, and it saves the brick and mortar store money. Now, another way that you can compete with amazon is selling what they cant. Listen. Whether thats their own brand, whether thats something thats very unique and special, if you can combine an exclusive product with a customer experience, then you can compete against amazon. Yeah. In fact or, some of the best deals at amazon are their exclusives. Not necessarily the meats and cheeses, neil, but if you look at some of their home devices and their electronics, for instance, you can get 60 off the ring video doorbell iii, its now about 140. Half off its 10inch fire hd tablet, now 80. And there are also for the First Time Ever a min gnu version of their home mini version of their home pod smart speaker. Yes, discounts. Holiday season is 50 longer about than it typically has been, but the discount part of it is 100 longer. So theres going to be an awful lot of deep Discount Deals very early in the season. The earlier the better. You want to make that item arrive in time for christmas. Neil, back to you. Neil there is that. Lauren, thank you very, very much. Lauren simonetti on all of that. Probably should not have mentioned the processed meats and cheese thing knowing that dr. Saphier would be joining us, so could we get some carrots and celery out here . Well have more after this. This is the feeling of total protection now that we protect your identity, and mobile phone, as well as auto home and life youve never been in better hands allstate click or call for a quote today i cant stop worrying. Why cant i sleep at night . How do i deal with all this stress . When did the world get so scary . Hello, this is michael youssef, there can be no doubt that our world is filled with troubles right now. And yet, there is one person who said, i can give you peace that can never be shaken even in the worst of your circumstances. Jesus is the way the truth and the only giver of eternal life and he is inviting you to come and surrender to him. 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Were not going to cut any corners, and i think those who have concerns about vaccines generally should be reassuredded by this. This shows that the system is working. A single case of a possible adverse event, and they stop the trial. Neil all right. The health and Human Services secretary telling our Stuart Varney that do not be bummed out by news that Johnson Johnson has had to halt things with a potential vaccine that had, at least in one individual cause, some very bad reactions. We dont know the details, but it does sound familiar, something as a that zen ca astrazeneca talked about last month. Dr. Nicole saphier talks with us about this right now. Doctor, a lot of people who are wondering whether were going to get a vaccine this year, and this sort of double dose of bad news, or at least delayed news on that front first from astrazeneca last month and now j j, what do you think . Well, so, neil, lets talk about these Clinical Trials. First of all, it is not uncommon for a large Clinical Trial such as a johnson and von one which theyre enrolling 60,000 participants to put a hold on the trial. Most of the time we dont even know when pauses are put on Clinical Trials. And i should actually clarify, a pause is very different than a hold. So whats underlined right now is a pause meaning johnson and johnson is pausing for a second so that the independent data review board as well as some physicians can actually look to see what happened. A hold is when the fda is actually stopping the trial so that they can do their own investigation. That is not what is occurring right now. It sounds like there is potentially a serious event, we dont know anything about it. An important thing to consider is we dont actually know if the person who had this adverse event even received the vaccine. You have to remember theres a vaccine arm of the trial and also a placebo arm of the trial. Its possible that the person got the placebo and had some sort of reaction. It may be a coincidence, it may be a serious i event. We dont know. We dont know the cause of it, any of the details, so lets stay put for a few days, lets wait until we have more information. I wouldnt say that i am, you know, dissuaded by this, concerned by this. I think this is a very natural and normal occurrence to happen in Clinical Trials. So im really just waiting to hear more before i make any sort of judgment. Neil doctor, were also hearing that the virus can stay on certain surfaces currency, computer monitors and the like a lot longer than we thought, up to 28 days. Should we be concerned . At the very beginning i myself was wiping everything down. We have no idea about the virus. The truth is, yes, the virus can stay on surfaces, thats why were saying to wash hands, stop sticking your fingers in your mouth, your nose, your eyes, that being said, it is not likely viable virus particles. The virus really needs that host to survive. So the truth is soap and waters the best thing to do, really hand hygiene. Your most likely way of contracting the viral infection being in close proximity to someone who is positive for the virus especially in indoor, lowventilated spaces. Neil real quickly, is it safe for the president to be out aggressively campaigning . Oh, my gosh, neil, come on. [laughter] hes tested consecutively negative for the virus, hes met all the criteria, he has been without fever, his symptoms have resolved neil physically. Im not asking thats [inaudible conversations] just like everyone else. Neil is it safe for him. What im asking you is i know that is it safe for him to aggressively go . Hes been through a lot. Well, sure, neil. But from all the criteria, he can go back to public, he can resume going back to work just like frontline workers who have been infected. As long as they meet the cry criteria, of course. Everyone is a different individual, and everyone has different physical stamina. As long as its not hindering him mentally or physically, id say of course he can go out and do it. Neil all right. Doctor, good catching up with you, thank you very much. The dow down about 132 points, its amazon prime day, apple announcing, all of that stuff happening at the sameu time. After this. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Before discovering nexium 24hr to treat her frequent heartburn,. I knew about the tremors. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. Neil all right. Mitch mcconnell is still pushing a half trillion dollar relief bill for the virus. That is far less than republicans wanted. Far less than even the president wanted. Nogo for democrats. Well see how that goes. Here is charles. Charles. Charles like whackamole. Thank you very much, neil. Good afternoon, everyone. Im charles payne. This is making money and breaking right now the markets catching its breath after a dazzling session yesterday and signs of erasing the september pullback. There is a ton going on beneath the surface. We have all the market angles covered for you today. Apple unveiling the new iphones in a Virtual Event at this hour. Well have a complete wrap of the big news coming right up. President trump back on the campaign trail as his Supreme Court pick getting grilled on capitol hill, telling senators she