Transcripts For FBC Making Money With Charles Payne 20240712

You will not hear it anywhere else. There are interesting things happening. Reaction from the white house on the huge gdp number. All that and so much more on making money. Stuart President Trump and joe biden holding dueling rallies right now in the battleground state of florida. The president barnstorming several states over the last few days. Of course he will do it through election day. Is it enough to put him over the top . Joining me rnc chairwoman ronna mcdaniel. I want to just start with President Trumps, the schedule he is on, amazing to me, ronna, and what is interesting, i really didnt think about it, he is spokesperson for overcoming or getting over covid19 at his age to be at this kind of a pace it does give people hope even as those cases rise, maybe something you can make it through and get back to life . Yeah and i think, charles, the point is cases may be rising because we are doing more testing. So we find those astop tick people and mortality rates are going down with better therapeutics. President is making sure that regeneron he took will be made available to the public for free. The president early on harnessed the private sector for testing innovation, ramp up therapeutics. I dont know how he does it. I got to be honest. He is remarkable to be doing five rally as day. It wears me down. It wears me down. Stuart operation warp speed we know will go down in history it, really will as a way to react to these sort of things. To use the power of the executive branch and to incorporate the public sector. You know this morning i saw gallup an interesting poll. They are reporting a big uptick with satisfaction going in the United States. I will point out the numbers are still down from the february level which was by the way the highest since 2005 but what caught me, the move was not only driven by republicans, there was a 50 improvement by registered independents. This echos the storyline emerging throughout this election that trump momentum we think it is clear but is it enough . Is it going to be enough in time by next tuesday . Well were seeing it in these battleground states that were starting to take leads in early vote. Were seeing this momentum on the ground, the energy. Youre right, people feel good. Were coming out of this pandemic. We see that a vaccine is around the corner and our economy is improving. Thank goodness to the president for things like the ppp loans that allowed businesses to keep their doors open as, or payroll going not have to shut down when they did during the pandemic for the health and safety of their neighbors. So many things the president has done has been instrumental pulling us out of this pandemic so much more quickly economically than anybody ever thought we could. Stuart right. Of course the latest proof of that was the gdp number which at one point, wall street estimated it was going to be down. That is remarkable about it. A lot of people try to dismiss it. Wall street thought the Third Quarter would be down almost 4 instead of being up over 33 . I want to ask you again to circle back to the covid19. Because one of the things were seeing in the last 24, 48 hours, are tighter restrictions over in europe and heres the interesting thing, those leaders, im talking macron, merkel, they are really going out of their way to say, hey, this is not full lockdown. In fact we saw it in italy as protests turned physical as they returned restrictions there. I bring this up, people on both sides of the atlantic, everyday citizens loathe the idea of another lockdown. In the meantime President Trump is adamant he will not do that. Joe biden hinted at shutting down the country. He says it depends on the scientists how big of an impact does that impact the election outcome . I would think someone who just got their job back would be really worried about shutting the economy down completely again . Lets look at couple things. The president said we need to protect the atrisk population, our seniors with underlying conditions but we can balance that with opening the economy. The democrats held up the fourth stimulus package to help get aid to people that need it in the economy. Absolutely, the president says the cure cant be worse than the problem. If we lock down again we wont have an economy. 33 gdp. 11. 4 million jobs already. Unemployment under 8 . It was not forecasted to be under under eight 8 until next year. Economic mark. Stuart. People are feeling better. We have testing. Were on the road to a vaccine this is because of President Trump because of what he has done. It has only been hindered by democrats who refused to release ppp loans and stimulus checks to American People that need it. Joe biden will lock us down again and the American People do not want that. Stuart take it from me someone in new jersey, spent time in new york, it is really sad, the unemployment levels and businesses that go out every single day. Ronna, thank you so much. Always a pleasure to see you. Of course, folks make sure you stick with fox business all day special election coverage. I will join neil cavuto with prime time coverage that starts at 7 00 p. M. Eastern time. There is no doubt Economic Data and elections, theyre intertwined but so is the stock market. It is interesting, intertwined in twoways as representation of the economy but also as predictor of the outcome. Joining me to discuss walser Wealth Management Rebecca Walser and nicholas Wealth Management david nicholas. Rebecca, i will start with you, the Financial Media blaming the last few days slump on the u. S. Stock market, mostly on covid19 and lockdowns in europe but a week ago, two weeks ago, that the market was up because of a Biden Victory or stimulus. I personally think the last three days that anxiety investors would have to live under particularly at the beginning with President Biden. What are you urging investors . You said last time we talked to remain calm. How do we do that . This is, i believe monday through wednesday total overreaction. Look at case counts. Frankly i cant wait for the election to be over i think the media is just hammering these case counts, hoping to get a reaction this is the result. People get freaked out drumbeat, oh, my gosh well have a second wave and it will be the end of the world. That is how they couch these things. Watch the media reports, it is ridiculous, i have to tell you. This is not the virus that were dealing with from march and april when we had no data. We had millions of cases. We have people now that survived. Trump at 74 years of age is doing three rally as day, crisscrossing the country, when he had it two weeks ago. It is not the same virus. We have therapeutics, hospitalization and death rates is what we need to look at. As investor look at hospital utilization. Look at death rates. When the media only talking to you about case counts it is intentionally trying to inflame a reaction because if theyre talking about hospitalization and death rates, there is nothing to be upset about. We got it under control from a hospitalization and death rate perspective f this virus is something 99 of people will survive then we have to get back to work. That is what they dont want to happen. They want the election to go a certain way. Everyone needs to calm down. Breathe, we can move on. Stuart we will. I will do it. I will take your word for it. I agree with 2000 . David, since 1984 the market has been uncanny prediction the election outcome. S p 500 has been up five times average of 5 . The incumbent party won all five times. What is the market telling you, we are up 2. 9 coming into todays session . Charles, excellent point. Right now the market is trading at pivotal level, from a technical standpoint. The s p has to hold 3200. Im watching if we have type of selloff tomorrow or monday going into the election, that pivotal period between august 1st and election over last 100 years if the market is negative going into the election does not bode well for incumbent. Im looking for 3200. If we break 3300 between now and tuesday stuart right now, is it saying that trump still has a chance to win . As long as, market barely. Market says trump would be reelected. Barely. We have 1 stuart talk about earnings. They have continue to crush it. Even stocks that posted monster results have seen their shares crushed. Rebecca, what is going on here . This is one of the best Earnings Seasons you have ever seen . I know, i know. It is big tech that were talking and well get results today on big tech. You know, charles, that section 230 hearing yesterday. Im worried about it. The german theologian frederick martin. First they came from the jews, i did not speak up because i was not jewish. They came for the communists and i did not speak up for the communists because i was not a come knit. Then they came for me and i had no one speak for me. That theyre not going to speak up and republicans are standing off to the side. Democrats should understand that power that these Tech Companies are wielding on censorship, just because theyre in favor now, that will be turned against them. We should not have a country that would be dominated by corporate decision. So we do need to deal with the section 230 regardless of earnings. I love the earnings. Keep bringing them stuart here is the thing, wall street likes it no matter what. That is one thing we have to admit. The stocks are much higher now. Thats true. Stuart rebecca, thank you very much. President trump touting the big gdp report. He has been talk big for the last few weeks on the campaign trail. Turns out he was absolutely right. Well get fresh reaction from the white house what this means for all americans. That is next. Plus Fox News Contributor tammy bruce will give her takeaway, so far to an election only five days away. You dont want to miss her insights. It is coming right up. R retirema gives us confidence. We can spend a bit now, knowing were prepared for the future. Surprise we renovated the guest room, so you can live with us. Im good at my condo. Well planned, well invested, well protected. Voya. Be confident to and through retirement. Quadrupled their money by 2012 . And even now, many experts predict the next gold rush is just beginning. So call us money reserve, the only Precious Metals Organization Led by a former director of the United States mint. 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Call, click, or visit your local xfinity store today. Stuart well, brand new economic numbers showing americas economy is seriously recovering much better than anyone anticipated. More business reopenings from the pandemic shutdown. Gdp alltime record, in one quarter, 33. 1 , powered by Consumer Spending came in better than expected. 745,000 americans filed for unemployment, still a high number but the lowest so far in the pandemic. Joining me joe lavorgna. Ive been a fan of yours 20 years. Thank you, charles. Stuart yeah, just go over with the audience what this means for the average person . Because gdp goes over a lot of peoples head, if you say people were buying homes like crazy, people are spending money like crazy, that makes a lot of sense. You just said it. Theyre buying homes like crazy and spending like crazy. Record home sales, 14year high. Alltime high in retail sales. Essentially gdp, gross domestic product, charles, captures that spending. We saw investment spending. We saw really strong durable goods orders. Those items last more than three years. Those are the sorts of things that Companies Invest in, whether computers, mainframes, laptop, storage, all those sorts of things anyone uses to operate a business, those are accelerating. That jibes with what is happening on the labor side, which is a big pick up in hiring. That 33 gdp that you mentioned corporation after a pandemic related contraction in the Second Quarter that was not due to economic fundamentals. It was due to the economy being forced to close to protect peoples safety. As you said at the outset, weve come roaring back. We have now officially produced a vshaped recovery. Things were looking at, charles, suggest that q4 is going to be very solid as well. Stuart i guess the wild card for q4 could be the lack of stimulus, right . I mean it is heartbreaking to me, joe, to be quite honest that nancy pelosi turned down 1. 8 trillion. It was politically calculated move. Also in the gdp report, Government Spending was down. Nondefense Government Spending down 18 . Overall 4 1 2 . State spending down 3 . Do you feel, and maybe you can tell us where the talks are if there are any right now . Could we still use a little bit of a nudge from some fiscal . Unfortunately my understanding that the talks are basically stalled but if im not mistaken, charles, i believe the president was saying go over two trillion. So sad we cant get people money we want. That is why the president , charles, through executive order has helped on the federal Unemployment Insurance assistance this summer. Eviction moratorium extensions, student loan forgiveness, et cetera. Those are all things that have helped but one thing i will say, we are in a vshaped selffeeding, that is important, selffeeding economic recovery. We have a lot of inventories need to be refilled. Dealer parking lots, for example, are pretty barren. Store shelves are empty. That is one area of gdp didnt show growth on the inventory side. Means, we have to increase production, hire people. We seen over 700,000 manufacturing jobs in the last five months and why the economy will have extra steam however youre correct, weve done everything we can to try to negotiate in good faith to try to get people money who need it because there is still a lot of pain out there. Even though this economy is coming back a lot faster than people anticipated if we can do more to help americans who are suffering, lets do it. Stuart right. Good news were still recovering and making progress and some people need to acknowledge the fact that the economy is a lot healthier than what they thought even a few months ago. Stuart joe, i have less than a minute, so work with me here but to your point, weve got some serious, seriously positive economic underpinnings whether it is debt to gdp, debt to household disposable income, manufacturing boom, housing boom. Need to replenish inventories, whoever wins will benefit from that. Is there a feeling in the white house, golly a potential joe biden presidency would benefit big time for some of the things President Trump did to fight the pandemic . We want people to do well. That is what the president put forward with his policies. I would argue there is such a contrast between what President Trump wants and candidate biden, it will be clear, based on how the economy performs whose policies would have worked the best. Stuart joe. Great talking to you. Thank thank you, charles. Stuart keep up the good work, my friend. Thank you. Stuart parents are giving Remote Learning, might surprise awe failing grade. Despite fact more and more cities are embracing it. What does it mean not only for future of learning, the future of your kid, a child, to earn a great living . Urban flight is taking new meaning amid violence, pandemic interest rates. Done don peeples will way in on that how it plays out for americas cities and future. This year, walmart is turning black friday into deals for days. Starting wednesday november 4th score deals like an 88 42 inch onn roku tv and get them at our new deals pickup. Lets end the year saving bigger. 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. Stuart heres story any parent out there already knows, Remote Learning is getting a failing grade. As coronavirus cases surge, opening schools full time seems like a pipedream in many areas. Lauren simonetti joins us now with more details. Lauren. Reporter yeah, Remote Learning charles is getting a big f. Look at a few surveys, parents of new York City Public School students, half of them, more than 500,000 kids today are fully 100 remote, they view the Remote Learning experience as negative. They say Virtual Learning, when you look at who is doing it more, low income families, families of color, and these families are more likely to think negativity of the education their kids are getting. It is a trend documented across the country. New mexico, four out of five kids failing one class in district there. The state says low income households have less access to the internet and more likely to live in districts with fewer inperson opportunities. Austin, texas, one in four flunking at least one class. It is prompting the call to get the kids back to the traditional classroom but with infections spiking, that is less likely. The burden is on teachers. They have to set up zoom parent conferences. Over oneonone remote attention for children at home. On parents, they have to play teacher, babysitter, referee, often employee as well. It is not serving the students. They are not thriving. I want to show you a report out of new mexico. It is certainly sounding the alarm for Young Students saying this move to virtual classrooms is costing the average kindergartner 153 days of school. State lawmakers are discussing extending the school year, but that would cost them 140 million. What it does, charles, proves the point virtual learn something costing students and parents, educationally, emotionally, now financially. Charles . Stuart yeah. That is what you call a trifecta, the wrong kind. Lauren, thank you very much. Joining me now from Young Americans for liberty kristin tate. Kristen, a lot of people were worried about it from the very beginning, because of resources, inability to have specialized oneonone education. We knew the most vulnerable folks out there already have an achievement gap that will only get worse. If you graduate from high school in new york city, youre two or three years behind already, add another year to that, how can you even make a good living as an adult . That is so sad. It is time for the state and local leaders to stare down the Teachers Unions holding students hostage to reopen the schools permanently, charles. To do otherwise would ignore the science. The Virtual Learning is failing on an education level. It is destructive to the health of our students, creating depression, anxiety, all kinds of other issues. It widened the achievement gap and core students and students from wealthy families. Its a disaster for working parents. Particularly single working parents trying to simultaneously hold down a job while they educate their students from home. We know now that covid19 does not pose a significant threat to students and children. And the data also suggests that it really doesnt pose a significant threat to the staff. Brown university found that cases are at about 34 out of every 100,000 students and staff that reopened schools. But these Teachers Unions, they ignore the data. It is time that we put our students first and reopened these schools and keep them open. Stuart what do you make of, and i definitely understand where youre coming from with these Teachers Unions because weve seen these sort of fights over and over again where it feels like theyre in it just for themselves. Not even for the students. It is sort of heartbreaking. What do you make of cities that wont push back. They have to know, theyre looking at same data, kristin youre looking at. They have parents complaining miserably. What do you make of the fact that these cities, many of them have just gone along with this . Its a disgrace. You know a lot of innercity schools, Charter Schools were failing before the pandemic. New york city had 140 Public Schools that had grades with 90 state exam failure rates. So it is going to be a disaster when you take already Failing Schools and you try to make them go virtual this is why homeschooling and private schooling has exploded since the pandemic started. But you know, students who come from families who cant afford tutors, private education and child care, they are being so hurt by this. Fairfax Teachers Union in virginia, they say they dont want to reopen the schools for inperson learning until august 2021 . If the schools wont reopen, we defund them. Let the parents have the money to arrange private education for their children. By the way, this also underscores why we really need School Choice in this country because a lot of these students are stuck in horrible schools and they just dont have the opportunities that more fortunate children with financial means do. Stuart absolutely. The forces of a free market where competing schools will obviously have to offer better curriculum, more caring more attention, will benefit everyone in the community. I agree 1000 . Kristin, always appreciate your insights and thoughts on these things. Meanwhile, sort of a similar topic, urban flight has taken on a new meaning as america is in the midst of a largest Population Movement in decades. Covid19, big city unrest, low interest rates, the ability to work from home, household formation, a greater desire for a sort of easier life. This coming at the expense of big cities. It is having Enormous Economic and political impact and ramifications. I want to bring in don peebles. Don you know as anyone else, there is mad rush to get out of big cities. You think about scenes out of philadelphia this week. I think the whole thing happening during the covid crisis is going to continue and then the consequence rent crisis for people stuck in cities. They have no financial aid, the states cant help them, the cities cant help them how does this play out . There will be a deep hole for the cities. In the 1960s flight to is suburbia started in the 1940s, 1950s. As people moved back into the cities in early 1990s to get out of cars, drove up cost of cities to make them unaffordable. The high cost of doing business made it more difficult for companies. Technology came about to create the ability to do work and business from anywhere. For example, new york city has one of the most portable industries in the world, Financial Services and what this pandemic showed businesses they can work and do business from anywhere. If you look at investment banks theyre having some of their best years ever and while people are working remotely. I think that is going to be a trend that continues. These cities like new york will have a very difficult time competing on the fundamentals, quality of life. Stuart right. And also you know, on the plight of these big cities. Youve been pounding the table all year long, they need to get folks back to work. Yet you have places like new york city, where you get more increases and restrictions, limitations. It makes me feel like some of these cities, certain hi certain pockets of people that live in them are doomed. Is there hope . I mean i think long term thiss hope but i believe new york city will change permanently. I mean i think that the value lost is going to be longterm. You have millenials moving to the suburbs as theyre forming families looking for a Better School system which one of your guests spoke about. The city has a Failing School system. So the is a bushes are competing for them suburbs. 297 people are leaving new york city, many going to south that, where there is no state income tax, better quality of life, Better Weather and a safer environment. I would not underestimate the Public Safety challenge that new york city and other big cities are facing right now. You combine that with the high cost of living and poor quality of life that continues to diminishes and there will need to be some fundamental changes. I think that starts at the top. These mayors have to understand what their job is. That is to be managers, not to be activists. Not to be redistributor of wealth but to run these governments well. That is what is missing right now. Stuart in the meantime rapper ice cube spoke to Maria Bartiromo this morning about the backlash that he has been receiving. Of course we know he has been advising, or at least made some suggestions to President Trump with respect to black america. Take a listen. Ive been get pushback ever i since i came out with the contract with black america. Everybody that dont want us to have a real ask, to have real demands, people who just want us to basically shut up and vote and im not going to do that we can just keep pretending, like, just Police Brutality or just, were getting stopped at the polls but that is not it. You know, it is a major problem that hasnt been solved and everybody got blinders on but i dont. Stuart so, don, you have been one of the most outspoken, straight shooters, a major bundler for obama but not afraid to criticize someone like a bill de blasio who is doing a lousy job. What do you make of what is happening with ice cube and feels like a different type of wokeness among the Rap Community among rappers. Charles i was on a program with ice cube a couple weeks ago about black voters voting. We had a good exchange. I believe that africanamerican voters, we need to practice politics using Henry Kissingers way of doing Foreign Affairs for this country. His doctrine was, america has no permanent friends, no permanent enemies, permanent interests. Africanamericans politically should not have no permanent friend, permanent enemies, permanent interests. Close the education gap. Vice President Biden needs to answer the 1994 crime bill. If you look at the number one cause of mass incarceration so paramount to most Younger Voters it started with the 1994 crime bill. Vice President Biden was sponsor of that. He has to answer for that. The idea that black people shouldnt do business with the president of the United States while their president is absurd. So every time there is a republican in office, does that mean black Business People and black entrepreneurs should stop doing business with the government . That makes no sense. Stuart no, it doesnt. Don, i appreciate you. Thank you very much, my friend. Talk to you again real soon. Thank you. Stuart speaking of President Trump he is using the last few Campaign Days to court suburban women. Fox news contributor tammy bruce will weigh in how critical of a vote that is. Stocks holding on, it was a tenuous rally an hour ago. Were building a little bit of cp effect. We have major earnings coming after the bell. Well handicap those for you as well. Well be right back. Or whats t. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Means everything. M generations sacrificed so much found a way and a way of life. That dream, owning a home. Took hard work good job, bills, mortgage, keeping up with the kids. But, you know what its worth it its where we want to be. And where we want to stay. Well. The American Dream lives on. So does your home. Start that renovation, fix whats long overdue, replace whats broken. Make your home safer, nicer, better. You could do all that with a reverse mortgage from aag. 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Come off my shoulders. Thank you sofi for a great experience and for helping me get my money right. Stuart strong Economic Data, check. Strong gdp numbers . Check. Improving jobless numbers . Check. Stock market ral hi . Derailed. So what the heck is going on here . We had record positive guidance greeted with an avalanche of selling. If super strong earnings havent been able to move this market the question is what can . We have the right man with the answers, Fitzgerald Group principal, keith fitzgerald. Keith, what gives . Earnings has been amazing. Guidance has been amazing. Stock market has been pretty tough sledding this week. You would think this all points to a rocket ride higher. There is not a number in the world that can overcome election jitters and fears of the virus. Those are very real. The second factor not a lot of people talk about, is 50 some odd percent of all u. S. Invest something passive investing. 50 to 70 of entire market traded by computers on any given day. Once the selling starts computers fight it out. It gets to the bottom, it is done and goes back to the races. It is important to look beyond the tape. Stuart no, i agree 1000 percent. I think there is a lot of manipulation this week. We gap open. Selling begets selling and manipulates the programs. Im not sure who is afraid of the vie ruse more than a week ago. Im not sure well get fullblown lockdowns at least not in the states that are open. Be that as it may. Were making a nice reversal. We didnt get it earlier, i thought maybe this morning when the ecb met. They would do something. Theyre not. Theyre saying december. Bill dudley former fed official saying the fed is out of bullets. Do we need the ambrosia, the Central Bank Money printing to keep this market going . That is an interesting question. A trillion dollar question. I think the bloom is off the rose with those guys. I think the fed is horribly misjudged this crisis and formation and solution. Theyre doing whatever they can to remain relevant. I think the real piece, americans to your point, are still hopeful, resilient, brilliant people. We want to go back to work. The country needs to go back to work. The question is how. The money is starting to realize that. Tonight, for example, 1 5 of the s p 500 reporting tonight. 5. 3 trillion worth of assets, all of whom are really critical to our lives. That is the kind of opportunity the money is starting to focus on. Stuart semiconductors group space one i know youre really close to. We have another deal announced this morning. Marvel, 10 billiondollar deal. We had three in a row, 73 billion. In this state, i like nvidia. I love advanced micro. This is an area where money has been made. Any potential thoughts on the next target . I will stick with nvidia. Data centers gaming, complicated computing that chip, that company, has got the product set you want to have your hands on. Yeah the stock is a little expensive. But with fractional ownership with robinhood or some other Small Traders you can get your hands on it. I think you stick with a winner. Stuart im with you 1000 . Keith, thank you very much appreciate it. Were five days from the election to record voting turnout. What is in story . The girl scouts grumbling about the organization congratulating Amy Coney Barrett. Well be right back. Limu emu and doug. And if we win, we get to tell you 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. Stuart suburban women are set to play a Critical Role a crucial role in the upcoming election. President trump is trying to court them with promises of safety as riots rage across the cities in this country. Joe biden counting on women who say soured on President Trump after they pushed him in really, suburban women voted for President Trump and pushed him in 2016. For closer look how important this vital block is as we head to election day, i want to bring in Fox News Contributor, tammy bruce. Tammy, everyone talking about suburban women. They say the polls show reversal from President Trumps approval with this group. How are you seeing it . Well, look, we know the polls can be problematics specially when there is in society a punishment for saying that you support President Trump or that you like him. The reality is, donald trump interestingly, unlike most politicians is exactly the same guy he was the day he rode down that golden escalator and announced his candidacy. So we know that he is an imperfect man. All of us are imperfect people. Women voted for him at the time, knowing his past. He is an unusual man. He is quite the character but what, big difference is, charles, why i think that women understand the importance of donald trump, as a manager, as the president of the United States, is that we voted for him on a wing and a prayer in 2016, that he could fix this country and get us on our feet. And we now have four years of proof that he was able to deliver. And there is an additional element, you mentioned it in your leadin, the issue of safety. What is going on in these blue cities, regardless whether youre democrat, republican if youre a mom, youre a wife, youre a sister, youre a duarte, you look at the nature of what is occurring your businesses are being destroyed, your education being impacted, the safety of your own neighborhood, whether you live in the city, live in the suburbs, it matters. People are realizing you have got an incredible ceo. He is a person that will make the future possible again. He has delivered up till now. When youre looking at your pocketbook and nature of what your children have to see in the future, youre going to look to donald trump. Stuart yeah. You know, certainly the stage is set for another, the media to be surprised again when it comes to that to your point. I want to get your thoughts on controversy surrounding the girl scouts. They quickly deleted a tweet congratulating Amy Coney Barrett being the fifth woman ever nominated to the supreme court. The comments, retweets must have gotten to them, because you know for them to take it down but it is concerning that you cannot congratulate female achievement in this maledominated world. Tammy this, is something you have pushed for regardless of political agenda. The girl scouts, the girl scouts were browbeaten into taking down this tweet. They were. But then lot of people are. It can be very intimidating in this cancel culture. The girl scouts is really a business. Stuart yeah. How do most of us know them . Through the cookie sales. But they also have morphed into a more, feminist, leftist kind of framework. Their membership dropped almost by half within the last decade or so. Americans are seeing, it is become a bit more political, if you will. And just to give you an example, charles, that was a graphic they used celebrating all those women from all different parties. It was the ultimate nonpartisan thing and they took it down as you noted but they have left up tweets celebrating the left, celebrating hillary clinton, you know, congratulating hillary. Congratulating progressives. So youre looking at a hypocrisy here that doesnt quite make sense but it also creates in the environment a false sense of an attitude, when we talk about suburban women. There you have got this small dynamic of people who dont want to you hear about women with different ideas or different lives who have been successful. They think that if they keep it out of the public arena, everyones going to agree with them somehow. It doesnt make any sense. Women across this country, the majority of americans admire and like Amy Coney Barrett and for the girl scouts for some reason to be bullied into taking down a tweet, it is really, you hear this a lot, it is totalitarianism. It is bullying at its height. That is what the left was supposed to stand against. Stuart it really, really is. I just dont get it. It is heartbreaking for a little girl now to probably hide her, you know, the fact that she admirers a successful woman is scary in this country. Tammy, i miss you. Great seeing you. Great seeing you. Thank you. Charles. Stuart well be right back. The company who invented car vending machines and buying a car 100 online. Now weve created a brand new way for you to sell your car. Whether its a few years old or dinosaur old, we want to buy your car. 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Handicap these names as they report. What do you think in terms of them beating the street and also, more important, how the stocks might react . Start with apple. Cool. Starting off with apple, i think the big thing is going to be guidance on their new 5g iphone. I think thats going to come in above expectations. The other question is can they continue to grow their High Margin Services business because that kind of leveled off last quarter. I think they beat. I think the stock goes higher tomorrow. Charles all right. Im with you on that. I love the way its acting today. Amazon. Amazon, theres absolutely no question ecommerce is strong. Cloud is strong. The issue with amazon is its expensive for them. They are investing very heavily to deal with this increase in demand and then its also important to note prime day is no longer in the Third Quarter. Its now in the fourth quarter. I think amazon beats. I think amazon might sell off tomorrow, though. Charles all right. All right. Well see what the guidance is since they do have prime. Alphabet. Alphabet, im going to throw facebook in with alphabet as well. Basically same thing for me. Doortodoor salespeople are virtually extinct at this point. How do you market if you are a business on these two platforms . You got google, you got facebook. If you need any proof of that, just look at microsofts report from tuesday. Look at linkedin. That platform has been a complete dud for microsoft for years but it was up 16 year over year because thats how businesses are now marketing. Charles and of course, we can look at the aftermath of yesterday. You know, those social media ceos, they came out of that meeting like they werent touched. The bottom line, they will make money for a long time. Whats your overall thoughts on this market, the way its been trading this week and have you been taking advantage of it, have you been buying anything on the dip . I think investors need to just chill out. Dont panic. Theres going to be a lot less uncertainty in about a week. The market doesnt like uncertainty so thats why you have seen a lot of volatility over the last few days. Look, theres covid flareups and the possibility of another lockdown thats causing this volatility. Another thing is, i think the president ial race is a heck of a lot tighter than the polls are showing. So thats even more uncertainty. And theres really no catalyst to take the market higher right now without stimulus. Charles but the bottom line is you say chill out. I love it. Thats a technical term. That crosses all industries. Thanks a lot, mark. Liz claman, s p up 1. 8 . I think we will have a strong close. Liz is that a technical term, chill out . I love that. Youre my california buddy here. Chill. From california to the sunshine state, yes, florida is in the spotlight as both President Trump and joe biden charge down the campaign trail straight to florida in this final hour of trade. This state was key to the president s 2016 victory and now is emerging as a crucial battleground. We are about to show you the latest florida poll number that just came out an hour ago and