Statewide restrictions on thanksgiving celebrations. We will show you the exchange. Chaos in the city in the state. Do as i say, not as i do we have been hearing a lot of that and rightly so because there are so many examples of democrats especially very rich democrats breaking the rules they impose on everyone else. Now, we find california Governor Newsom dined with Health Officials and lobbyists, no mask, inches from each other breaking his own rules. Theres the mayor of philadelphia squeezing in Indoor Dining hours before he banned it. Thanksgiving is one week away. How will america handle the lockdown when our leaders do what they please . Thats the same throughout the show. Not that Much Movement in stock prices of this morning with two days of decline taking the dow jones well below the 30000 level. Not Much Movement at this point. There is vaccine news. Phase two of the astrazeneca vaccine trial shows a strong immune response in older people, good news. It uses Different Technology from pfizer and moderna so multiple lines of attack are being developed and that is good news also. You want to stay for this. At 10 00 p. M. Eastern the latest on existing home sales, the key indicator for real doors florida, hot market. I put a house there up for sale yesterday and it sold for the full asking price within one hour of going on the market. Im a happy guy. Varney co. Is about to begin. Stuart yes, that is new york city. Take me out, as we say, perfect setting for this story. New yorks Governor Andrew Cuomo just lost it on a reporter after he asked a question about whether or not schools are open in new york. Just watch this. First of all, lets try not to be obnoxious and offensive in your tone. If by the states numbers , you hit 3 , the schools close. What you talking about . You are never going to override we did it already. Thats beaumont orange zone and red zone , follow the facts then you are confused. Parents are confused as well. No, they are not confused. You are confused. Read the law. Stuart i will answer the reporters question, Public Schools in new york city are closed to today. Students are back to Remote Learning at least through thanksgiving. Its appropriate we bring in doctor Matt Mccarthy who speaks for the medical community this morning. Doctor, you disagree with this closure of new York City Schools. I do. At the optics terrible. The bars and agendas in new york city are open while the schools are closed and they dont have to be closed. 3 , seven day rolling average metric as the mayor created is into some official guidelines were schools across the country around the world need to close. Is an arbitrary threshold created over the summer when we didnt know if schools were super spreaders. Turns out they are not or could new york city has been a Great Success story with Public School, random sampling of testing shows presented positive in schools is only 0. 19 . Its a far safer to be in school than just about anywhere else, so i completely disagree with this decision. Is doing our kids a disservice and i make sure to make the discretion here that private schools are still open because they know that this 3 metric is a threshold that has no basis in science. Its simply a decision that could easily be reversed, so yes, kids are falling behind. We talk about how they fall behind over the summer with summer slide , this is now a covid slide and i strongly encourage the mayor to reconsider this stuart do you think that is likely, sir . I dont. They seem to really be concerned with targeting flipflop errors and do want to look like they are going back on their word, but we see the American Academy of pediatrics coming out saying Remote Learning is not the same as in Person Learning and we see this a big cities around the country, boston, philadelphia, washington dc. This is a mistake and i encourage people to look at the data and say, a decision we made over the summer may not reflect the facts on the ground in november. I dont think we will see the classrooms reopen anytime soon. You know, the word coming up yesterday was chaos and the idea that ive heard of doctors floating around is, should they have learning cause in gyms and bars because those are still open and so i feel really bad for the Public School students who are caught in the middle of this. Again, theres no cdc criteria or data suggesting 3 positivity is a requirement to close schools. Stuart doctor, thank you for joining us. Always appreciated. Thank you. Stuart news on astrazeneca with good news on their vaccine. The stock is up a fracture, but lauren, tell us the good news. Lauren phase two trial and it showed their vaccine is a safe and produced a robust immune response in healthy adults over the age of 70. That is a key breakthrough. What they have not figured out is the effectiveness, 95 . That is the goal of the current phase three that is ongoing with astrazeneca. Those results are expected by the end of the year. One more limitation on this vaccine trial, as far as the demographics while we have Older Americans enrolled, they were mostly healthy and mostly white so researchers want to see that broadened. Stuart thank you wait a second, Johnson Johnson . Lauren the vaccine news continues. Readers is reportedly will file for emergency authorization for their vaccine by february, so they are few weeks behind moderna and pfizer but its a different type of vaccine Johnson Johnson is using the one shot vaccine, which is preferable because it you do mass vaccination particularly in remote areas its easier to keep track of one dose so you way could come by february 4j and j. Stuart and you dont have to worry about them coming back for the second shots if its just a oneshot deal. Thank you. But the rest of the vaccine makers on your screen. Vaccine progress is clearly good for the overall market. Lets bring in d. R. Barton. Is it vaccines that make you and a lot of other people bullish for 2021 . I think its one of the big keys, stuart. When we get people doing their regular commerce, back being among people as you were talking to the doctor about clamping down on schools and bars are actually getting some restrictions, not closed about once we do those things thats a very good thing i dont think its the only thing pushing the market up, stuart. We have resurgence in retail. We are seeing a lot of other things coming back from where they were and retail higher than it was precovid. There is a lot of good things including a lot of money on the sidelines pushing the that. Stuart there is something called Investor Intelligence and thats a publication and it shows 60 to 18, 60 bull, 18 bear , huge discrepancy and when everyone says stock is going up and everyone is bullish dont you get a little nervous . Yeah, we talk about that, Sentiment Analysis and when sentiment is too far and side of the boat, the boat tends to want to write itself, but if you look at those numbers over the rock longterm we can get overly bullish and stay overly bullish for a good amount of time. Its when you get really really bear that you tend to get snapback so even though we have regular Retail Investors and some and professional investors really excited, that can keep going for a while. There is my bet, to keep going a while especially into the end of the year. Stuart tell me about walmart. I know its been doing extremely well. Do you think its going further at . I think it has just broken out to alltime highs after the earnings report. This little to day pullback is a great place to buy. They have been killing it for a long time and getting automation for stores, treating people with their employees they have a grade Great Strides including retaining them but their ecommerce numbers they said they contacted three to five years worth of growth in the ecommerce in three or five months, up 79 yearoveryear this quarter 97 the previous quarter and again, 74 the previous quarter before that, three quarters so far this year above 70 in their ecommerce growth, so they are really doing very well in that game and one of the true competitors is amazon. Stuart walmart, 149 premarket this morning. Thank you. We have other retailers which reported this morning. Via bjs, macys, l brown, susan will run through them and we start with macys. Susan not good for macys as they are selling off after a sale drop of 20 in the quarter. Thats a lot. Shoppers are buying less clothing at this carpet stores at least took the good news for macys is online and mobile up by over a quarter, 27 , but not enough to offset losses at the stores. Also bjs rallying in the premarket at least it was. Better sales, better profit, profit doubled from the same time last year. Arenascovid economy where unemployment is high buying bulk is a trend helping bjs and other favorites like cosco. Another big mover, victorias secret owner l brand. We usually like to roll the video that comes with it. Making it 10 times more money than wall street anticipated from july to september. Scented candles and body wash making a lot of money for their bath and body works. Stuart Scented Candles are a big seller . Susan yes had not the lingerie. Approval this morning from Investment Bank with target high price of two next 60. J. P. Morgan says 53 stock. Stuart heres what we happy for you on the show its a big scop one new york sheriff refusing to enforce Governor Cuomos holiday restrictions. Watch this. When you try to authorize by executive order that we can go to someones house, people and take action, that remedy is greater than the wrong of having people gather because frankly i have faith in people in my community. Stuart that was sheriff Richard Giardino and he joins me next hour to explain what hes doing. Trump supporters were attacked, targeted after marching in dc. Kentucky congressman is speaking out defending them and hes going to join me with some breaking news on that in a couple of minutes. Verse, one more check on the futures. Lots of red ink but they wont be down that much, down maybe 604 the dow jones. We will be back. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. This was the theater i came to quite often. The support weve had over the last few months has been amazing. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. How did you know . Mom. That was taken at the farm. It was in this small little village. In connemara . Right connemara it is. Honestly, we went there oh, oh look at that look at that. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Stuart not much to show, a lot of red ink the indicators are not going down that much. Modest losses. I went to see uber, their stock has been doing well, premarket 49 and susan wait for it, susan will tell us about new hire target. Susan it was up 2 in the premarket and may get there during the regular session. Its a set its worth 60. Uber has never broken out of the 60dollar range. 60 of would be incredible, a 20 gain from here and i have said a reopening next year will be good for uber, still trying to recover for its ride hailing business and said it was still down 7 in september, but thats better than 70 down in march and april. I said uber will be back to precovid levels by early 22 need to. Reports a uber has been shopping around its self driving unit, thats a self driving unit, 7 billion. They said they will fund it internally or externally, but nothing about selling it right now. Stuart you are talking about a 7 billion infusion, that will help your stock. Susan its been helping test list so you imagine it would help uber as well. Stuart what started as a peaceful march for President Trump quickly turned violent over the weekend. We warn you the next video with may be tough to watch. Roll it, please. Stuart thats disgusting and joining us now kentucky congressman james comer. What are you going to do about this . As the Top Republicans on the House Oversight committee which has jurisdiction over washington dc, we are demanding that the democrats call for an immediate hearing. And for choi, stuart, this is a pattern. The same could have been witnessed by your viewers walking out of the president s acceptance speech at the white house the night he accepted the nomination for the republican nomination for presidency. Mayor bowser consistently turns a blind eye to peaceful republican assemblies in washington dc. Washington dc should be the role model for the world in peaceful demonstrations, so she has to be held accountable and we are trying to get democrats to do their job. Stuart you want to know the full story mean silence from the authorities refusing to address what is simply violence against Trump Supporters. You want that out there lay blame on someone for not doing anything, i mean, you have written a letter. You are asking for full accountability. What is the mayor going to do . You know, its another example of the democrats have hocker c. Members of congress they dont have to worry that much doubt about Washington Dc Police because they have the Capitol Police force to take care of them. If they had to depend on the Washington Police force i think they would take this more seriously and make should be considerate of business owners, tourists and the example we are setting for the world by having this lawlessness especially with respect to conservative peaceful demonstrators. I think what we are trying to do is make sure the world and knows its another example of democrat hypocrisy. This Oversight Committee has probably had more hearings over the past two years than any committee in Congress Even on subjects like Climate Change where we really dont have jurisdiction, but we have jurisdiction over washington dc. We are the check and balance of washington dc yet when you have examples like this being shown worldwide, the democrats sit silent. Stuart we should have honesty because we dont want to export violence or could they attack trump, attack, we dont want it. Bring out the truth. Congressman, pleasure having you on the show and we wished we should best of luck. Thank you. Stuart im going to show you times square, new york city. One week before thanksgiving. No tourists. That places just about st. We will have more in matter of the program. Showing you futures because we are down across the board, but not much of a selloff. We will be back, take you to wall street after this. Stay with us. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Birds flyin high, you know how i feel. Breeze drifting on by you know how i feel. Its a new dawn. If youve been taking copd sitting down, its time to make a stand. Start a new day with trelegy. No oncedaily copd medicine has the power to treat copd in as many ways as trelegy. With three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. It also helps prevent future flareups. 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They can instantly compare thousands of medicare plans with all these benefits and more including plans that may let you keep your doctor and save money. Healthmarkets doesnt just work for one insurance company. They work to help you, and they do it all for free. Having helped enroll americans in millions of policies while earning an a plus Customer Satisfaction rating from the Better Business bureau, you can trust healthmarkets. With the annual medicare enrollment deadline coming, go to healthmarkets. Com or call right now. Your Insurance Market place. Healthmarkets. Find your fitscore and get your answers today to get the most out of medicare. Call the number on your screen or go to healthmarkets. Com call now. Stuart the futures still showing a minor loss for the dow jones, s p and the nasdaq. Brian belski joins as. Brian, i know what you are saying, telling us do not sell tech and do not chase energy. Ellipsis, so where are you putting your money thanks for having me. We went to be diversified. We want to own a lot of different stocks in Different Industries in a lot of different sectors. We said before the stock market is a market stocks and we think investors based on what we see and especially really centered around the last two or three weeks making these binary decisions, buying and selling and moving into growth and then moving in valley, cyclical, my come back to that would be whatever. I think you want to be more diversified. You want to neutralize your tech position, maintain them, you should not be selling them. Win we have seen these periods of weakness, we continue to buy stocks like apple and microsoft and we continue to buy netflix and google and maintain the positions longerterm and maybe dabble of it in the banks, but the energy move, we question with respect to the longerterm fundamental wherewithal especially us energy stocks. Stuart i quoted this before, Investor Intelligence, 60 balls to bears. When everyone is bullish like this some people get a little nervous. You are the bullish brian belski. Are you a little nervous when everyone else is joining your camp . I dont know if everyone else is joining my camp and i question surveys. Air just like polls and we know what happened with the polls. I think the best gauge of what a client is doing is actually talking to the client and when we talk to clients around the world they are doubtful, they are bitter about the market, the majority of them missed it and thats why you are seeing outside moves in either direction. I dont buy the Investor Intelligence survey numbers at all. Stuart but you are still bullish . Still bullish and remember we think we are in a 20 year bull market ended the market has been unbelievable this year in terms of resiliency and speaks to the fundamental condition of the us stocks so we say stay the course. Stuart only reason i would sell my microsoft is if the senate flipped to the democrats. With that, all bets are off and im sure you would agree, but brian im sorry to tell you i am out of time with a marked opening and i have to go. Mr. Brian belski, come back soon to its thursday morning. They stand in front of the bell, they clap and for five or 10 seconds and in three seconds they will ring the bell. Thank you very much. Right on target. I think they have the same atomic clock we have. 9 30 a. M. Eastern time. We have opened down, 90 points with just a few of the dow stocks open. Mostar open a lower down 100 right now, one third of 1 . That is the dow jones. S p 500 lower, won the third of 1 precisely. The nasdaq is opened and it is down. 17. Across the board, we are down, but not that much. We have news on square shop a fight and tesla. They are all moving and susan will go through them. Susan jack dorsey Payment Company investing 80 million into an italian mobile payment out, a fastgrowing platform on the european side. It will help squares of business across the atlantic and we known dorsey is a visionary first to recognize the opportunity when providing mobile payments and using bitcoin so when he makes a move like this you have to Pay Attention in the market seems to like it. Stuart shop a feisty to the second largest behind amazon. Stuart secondlargest . Susan yes, based in canada with a lot of market share. The reason why they are up as they are partnering with alibaba Payment System allowing Chinese Shoppers 1. 3 billion of them to be able to spend at the stores that use their technology so that is a lot of spending dollars that could use that you could use if you use their platform. Stuart i did not know it was right behind amazon. Susan second because amazon dominates. Stuart lets go with tesla. Susan after a 20 today rally tesla up again today after we started the week with the s p 500 saying it would finally include the stock and Morgan Stanley yesterday calling tesla eight by worth 20 from these levels and by the way that makes elon musk 10 away from overtaking bill gates as the worlds second richest person behind jeff bezos. Tesla and space x combined are now worth 500 billion and the Technology Creating electric Car Companies all at the same time, hes worth half a trillion dollars with those two combined entities. Stuart and you have the boring company. Susan i havent even included that and neural link, chips in the head. Stuart to think i want dismissed him as a show man. Susan i think a lot of people did. Stuart it many years ago. Susan he is a showman. He likes the attention, not a normal ceo. Stuart someone said to him if there was one alien on this earth masquerading as a human being its elon musk. Susan i believe that. Stuart a look at the vaccine makers, more good news. Good news from bio intact. Susan their ceo said we knew the fda request for emergency use authorization was coming soon, well he says its coming tomorrow. They have the two dose vaccine with pfizer with the 95 of fix effective rate. We are moving fast hairpin Johnson Johnson is looking to get the green light for their oneshot vaccine around february. Astrazeneca and Oxford University they are vaccine has a shown promising immune responses in healthy older adults who have fewer serious side effects than younger volunteers, believe it or not. That came from a Peer Reviewed analysis, which says a lot so they are in phase three right now with astrazeneca. Stuart we are making Real Progress with vaccines and treatment. Thats very important. You have a story here on lysol that in no cleaning people that soon they might see sales drop off. Whats going on with that . Susan because of the vaccine. You dont have to disinfect everything all the time. Jeffries is saying there maker, their good fortune is bound to fade next year. They blame the vaccine, but they also blame these lockdowns. People are staying indoors more, we are talking to other people as much so it could mean more mild flu season which is also bad for the maker of lysol and they downgraded them to underperforming in the stock is down 1 . Stuart i think thats a bit of a stretch to be perfectly honest lauren my kids havent really gotten sick and my little guy, this is his first year in school and usually you get sick all the time when you put a kid and school for the first time. Im knocking on wood, but so far so good. Stuart heres a commercial for lysol, i think it is. Lauren no, i actually dont even use it im just saying a mild flu season could be a good thing, but a bad thing for lysol stuart glad to hear children are doing well. Now lets talk about starbucks. They are giving all their employees in the United States a raise, and actually will tell us how much. Ashley good morning. All baristas and supervisors will get an increase of at least 10 employees with at least three years of continued service will get a minimum pay bump of 11 and also all employees stock rates will have an increase of no less than 5 in the premium starbucks pays above minimum wage in every market will also see an increase. All around, getting a pay raise. That pay hikes come as petitions are circulating online demanding the company raise its starting pay to 15 an hour. The newly announced raises will rollout across the us by december 14, just in time for christmas. Stuart thank you. Show me the chipmaker nvidia, down just a fraction. Did they have a great quarter . Susan record quarter, but the reason the stock is down, and they were lower than this, but sales for datacenter chip was going to drop this court a because chinese customer stopped buying. It was a small shortterm issue. I call it profit taking because the stock has doubled so far this year record quarter. It shows business continues to boom. We are talking about what it does best which is graphic chips, pies price target hikes this morning all going to stocks 600 or more and the big question is will it be able to close and when the 40 billion acquisition of arm holdings, the chip designer that goes into iphones, ipads apparently making it difficult to close but nvidia says it hopes and early 2022. Stuart thank you. Show me so no space, please. Talk about being way of, 23 higher ashley, explain c3c3 good earnings, everything good, the fancy speaker making exceeded expectation because people spent more time at home during the pandemic listening to music and the coveney also providing guidance that was better than expected hence the 24 gain. Revenue in the last quarter game you close to 340 million and they also release the number of household increase i should say, number of households by 20 year over year to nearly 11 million. The company also launching new products including a highend sound bars. The only fly in the ointment has been maintaining inventory to keep up with demand which i guess is not a bad problem. Stuart i will take that problem any day. Thank you. Its a growing pattern, democrat leaders caught redhanded breaking their own virus rubles. The media relentlessly when after the Trump Administration for no mask, but with these democrats, no mask. Wheres the media now . Lara trump will be here and she joins me in the 11 00 oclock hour with her reaction to it is we cant get enough up, a mask a governor gavin newsom without a mask in california dining indoors can see up with the top medical lobbyists, breaking all the rules. 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Call now and get your free infokit stuart still plenty of it read on the screen with the dow jones down 100. Now, we have this on google they are getting bigger into banking. Hold on, susan. Is this google pay . Susan getting a makeover and expansion. How did you know that . As includes Money Transfer where you can send money directly over google pay and the app allows you to connect to your bank account so you get a searchable overview of your finances, good tools for financial planning, expense tracking. Next year you can even bank with google so if your j. P. Morgan and bank of america you should be watching for these Big Tech Companies getting into banking. Stuart if i put google pay on my phone and i flash it over a reader and a buy something, who gets a piece of that price . Susan google does. They are acting like a financial bank, but also its interesting that you are getting into this a mobile banking. Stuart i didnt say that. Just asking a question 32 yes, you are. Admit to it. Stuart lets talk bitcoin. Bitcoin did indeed cross 18000 just the other day, First Time Since december, 2017. Bright now 17980, up on the day and the gentleman on your screen is rich rosenblum, a bitcoin guy. Rich, is bitcoin now the new gold . Stuart, great to see you. There are clear similarities, both are commodities and they both perform strongly in 2020. Theres also stark differences. Technological element is the most obvious with bitcoin more technologically savvy than gold but the most interesting differences bitcoin is not only much younger markets or its participants. Stuart we can now actually use bitcoin as a currency, a medium of exchange. You can buy things with it is a paypal . Paypal. That must be a huge impetus for bitcoin and its price . I think thats been a game changer because everyone knows everyone is waiting for real adoption, not just speculation treating it like an asset, but to use it as a medium for exchange so those components are helping the market rally. Stuart i have talked to some people around the studio that are thinking about getting into bitcoin now and someone said 18000 a coin, close to the alltime high, wheres the upside, all right, where is the upside . I think the sky is the limits. While the market could go anywhere in the next few months, i think in the long term its going higher. Look at it seek to gold and like you said theres a real use to it , not just to sit there and store of value and i think it means we could get into the hundreds of, plenty more upside. Stuart you cant cloth over a number like that. You think we might get to hundreds of thousands of dollars per bitcoin. Is that which you said . I do. Gold is over 10 trillion in bitcoin is roughly 300 billion so to get to equivalents see it would be 30 times the price so i think its easy to see 10x in the next few years. Stuart okay. You have us going here, rich, i mean, thats food for thought. Thank you. Come back again. We will start covering bitcoin more aggressively. Thank you. Susan that was me because back in 2017 december, we hit the record high of 20000 and where do we go from there . It went back to 4000 or so so theres a reminder could crash and move quickly, also its very volatile and theres not a correlation to other active classes, but adoption is key, not just paid paypal, but square and even robin hood now takes it. Stuart the idea bitcoin can actually be used to buy things, a medium of exchange i think you just moved to the market. Susan but, does it hold its value . Stuart thats not my question it was did you move the market or maybe richard did. 18040 per coin. Now new york city is now shutting down schools again, but apparently that is something you cant ask new york Governor Andrew Cuomo about. Watch this. First of all, lets try not to be obnoxious and offensive. What you talking about . We are now going to override we didnt already thats the law. Stuart didnt stop there. He really lost his temper and blames the new yorkers for the surge in cases. We had the sound. We will play it for you one new York City Restaurants as you cannot dine inside unless you take a covid test and you have to pay for the covid test. Whats with that . We will discuss next. Ok, just keep coloring there. And sweetie can you just be. Gentle with the pens. Okey. Okey. I know. Gentle. Gentle new projects means new project managers. You need to hire. I need indeed. Indeed you do. The moment you sponsor a job on indeed you get a short list of quality candidates from our resume database so you can start hiring right away. 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Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Stuart forget a coat check at the door, how about a covid test . One new York City Restaurants that they ese iese onerrd toat ne dinse. Nsid laur itur n fe, fre ndenlaurnolaur i,s,50ound neo take it iou wtan t t cit cwine cne, wch whis w i an aurerastntrera nra y nrak n city ci. Ryue orue pek y b cowowre pyn tenlstestnd an aoun a n a tot s t t t d tr doon a alro piofelfe yo g in i. Bsaefou b ey give g you g cockt cailsktait aid as y wait 1ai5 esgativatestses you ayou ayoowyo in. Myir reactioea wea noea way was pwaatheche but b my secon s reactean wasn i great idea i becausero the holidays if you want to see people and have a bit of a dinner party you cant do it and city winery says its a lifeline. The ceo says a covid19 test is one of the only solutions to get patrons in restaurants for the next five months until spring. They need the survival. Stuart i have questions for the folks on this program, first of all to you ashley, would you pay 50 to get inside this city winery . Ashley no, i wouldnt. If they paid for it then i would pay for the cost of the food and the evening, but not 50. Stuart susan, do you agree . Susan only if it was a threestar michelin restaurant, but even then i think they should be on the hook for the cost. Stuart how about French Laundry , susan, the one that the california governor dined at. Susan 1000 for two people. I will pay for all of three of you, guys so we can actually eat a meal together. How about that . Stuart may be. [laughter] stuart if you invite me i will come, but you have to pay for all three of us. You do that . Susan yes, 200 total. You get the meal and i get the covid. Stuart i knew it. Thank you. Another technology leader, we will call him a tech titan, im not sure hes up to that level, but at tech lever leader and hes leaving san francisco. Susan will tell us who it is, where hes going and why. Susan will smith gave thus it away, hes going to miami, former executive, his name is keith rabois. He lived in Silicon Valley for 20 years but hes headed to florida and the reason is a badly moron san francisco, often too expensive and we are seeing in accidents from these highpriced cities. Stuart one were leaving california. Still ahead, brian bamberg, lara trump and tommy laron, second hour of varney co. Moments away. This year we got creative with our dollars. But with walmarts low prices, you still know how to do it up. And keep costs down. Lets end the year enjoying more. You are all i need baby baby to get by. Some things are good to know. Like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. Something else thats good to know. If you have medicare you may be able to get more benefits without paying more through a Medicare Advantage plan. 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Lara trump joins us in the 11 00 hour. Were looking at the ford f150. Im interested in that. After half hour there is a little bit of red ink. The latest on vaccines, here it is. Oxford and astrazeneca say their phase two trial shows a strong immunity response. That is good piece of news. Johnson johnson expecting to file for emergency use of their vaccine. Numbers of macys, bjs wholesale. L brands doing particularly well. Up 17 . It is thursday morning, 10 00 eastern. Ashley the Mortgage Rate numbers, please. Ashley 2. 72 . The lowest rate ever in the near 50 year history of the survey. We blew the budget on the dow 30,000 graphic. Really freddie mac deserves it. Weaker Consumer Spending data has been driving Mortgage Rates down but you know what . Housing demand is still very strong but 2. 72 . You know all about the housing demand, stu, with your experience in florida. Stuart yes. And im going to detail that in just a moment. I think weve got another number i think is probably more important for the real estate industry. That is the latest numbers on existing home sales. Hold on, susan. Go. Susan blowout. 8. 65 million units. The highest since november 2005. That is even higher than what economists were looking for. Thats up month on month up in october. 4 1 2 from september and get this, the median home price, 313,000. That is up 15 1 2 from last year. 15 1 2 . That is red hot real estate market. Real estate makes up 20 of the real estate economy. Stuart i remember very well, 2005, 2006, the last real estate boom was taking off. These numbers are even better than that. Susan seems to indicate were in another Real Estate Housing boom. Stuart i sure hope so. We have one more number to give you. The Conference Board of leading economic indicators. That is points forward. What do we have lauren . Lauren three times is the charm. I could round this out with more good news. This number rose in october by. 7 from september. 1. 82 is the level. The Conference Board said it saw widespread improvement despite weakness from housing permits. We discussed reports. Permit part was a little bit soft. They said Consumer Outlook is weakening a bit but all in all a food report. Stuart thanks, lauren. Time we brought in our own real estate guy. That would be mitch rochelle. Perfect timing for a guy like you. Seems to me were selling existing homes at an annual rate of 6. 8 million. This markets on fire it absolutely is, stu, the fact of the matter the challenge there is really nothing to buy. There is less than three months supply of homes on the market. The demand is outpacing supply. That is why prices are going up. The challenges on the market, when you go to tj maxx, there are things on sale, no one will buy them. That is some of the homes remaining on the market. Reality is, for some buyers there is virtually nothing on the market for them to buy. Prices will keep creeping up. Stuart i saw the median home price of these existing homes which were sold. A record 313,000. I mean i guess, the prices are going to continue to rise, right . There, less demanned disappeared, i literally dont see a scenario where demand would disappear. Economic conditions over last few months, you would think something would swipe demand out of the market. Demand is there. It will be there for a while. We cant build them fast enough. The Housing Starts number yesterday was good. Were building a pace of 1. 5 million a year. Were selling a pace 4 million for existing homes. We literally cant build them fast enough. Stuart let me relate my personal experience. I sold a home, put a home on the market in florida yesterday at 2 30 p. M. Eastern. We had an open house at 3 30. First person walked in the door bought it at the asking price. Walked in, bought it. Is that fairly common these days . It is. I think, stu, you should have held out for more. That is speeds besides the point. What is very common. Most folks dont show up for open houses. Have a broker come in, face time the house, make an offer sight unseen. That is not uncommon at all. That is when you have high demanded a low supply. Stuart why dont people put their houses up for sale . If prices are rising why not . For the very reason they talk about, if they put the home up for sale they have to go someplace f theyre thinking of buying the home they will have the same problem. If theyre thinking of renting that is a different story. For many folks trading down or trading up. Theyre still challenged to find the next home. It is just sort of a vicious cycle but good for the housing industry. Stuart good for us sellers, thats for sure. Mitch, thanks for being here on a very important day for your industry. Thanks, mitch. Thank you. Stuart from fed chair jay powell, he says were never going back to the old economy because of the virus. Art laffer is with us. Why dont you tell us how you think the economy will look on the other side of the pandemic . Well i think surely in medicine a lot better. We have this huge operation warp speed. That has done apraising job. The Digital Economy will look better as well. Some of the real estate talking about homes is very correct. Homes are a premium right now. The reason you dont sell your home, stuart because it is appreciating a lot. Sell it for more next year than you can this year. Places like Central New York city where people in very tight quarters, stuff like that, i think that will be a downer for the markets going forward. I dont think innercities will do well. About Tall Buildings where people congregate en masse. I think well have a lot more remote working. Stuart what about the actual, the structure of the economy . How will that be different from what weve got now . Well, what i think were going to see happening i think the recovery will be slowed down a little bit. It depends what the congress does in the new administration with taxes all of that. I watch everyone say the republicans and democrats should get together to agree on a stimulus package but if you dont think the estimate russ package is needed or it is warranted because the taxpayers already spent enough, theyre not to blame for anything either, that is part of the negotiation as well. I think so far i think a stimulus package a big one would be a mistake going forward. I think that might lead to slower growth. I think youre already seeing some of the growth in the economy slowing down a little bit. Stuart that might be what were going to get because the democrats approach to the pandemic is, basically, shut it down and then have the taxpayer pay out industryies negatively affected. That is an enormous amount of money being shelled out. That is their plan. Huge. Stuart if you do that you say it doesnt help the economy, it slows it, is that right. No of course it doesnt. Government spending is taxation. You can see it simply. Two people in the economy, just two people, a and b, b gets unemployment benefits, who do you think pays for them . A. Stuart okay. Government spending is taxation and it really does slow the economy down. Now there is some periods where you do want some of the spending, for example, on medicine and others, people who really cant help themselves, those people you for sure want to do it even though it does slow the economy down but these huge megatrillions of dollars spending bills they will do nothing but he slow the economy down going forward. Stuart what is the difference between a big megaspending bill from congress and the Federal Reserve printing trillions and trillions and trillions of dollars which is exactly what theyre doing . Are they slowing the economy . Theyre not actually printing millions and millions and millions of dollars. What theyre doing is buying bonds creating deposits at the fed. Purchase of a bond for sale after bond which nets to zero which increases liquidity in the system. It is totally different than government spending. It is increase in the Monetary Base which increasing fed liabilities and fed assets at the same time. Almost exact same Interest Rate so the fed increasing liquidity in the system i think does make for a much easier system to not let illiquidity morph into insolvency. That i think makes some sense but the spending stuff doesnt make any sense, not to me. Targeted spending yes, not this trillions and trillions of stuff. Stuart art, we do hear you explain things very well. Well talk to you real soon. Thank you, art laffer. Thank you very much, stuart. My pleasure. Stuart quick check of the market. Did the real estate news make any difference to the dow . No. It is down 50 points. Nasdaq up quarter of 1 . Very Little Movement in the s p. And now this. We have another example of free speech threatened. During the hearings into social networks democrat senator coons suggested that twitter block any posts from climate deniers. Ah yes. If youre not fully on board with Climate Action there is no place for you in the national dialogue. That is the way the left sees it. I have no sympathy with social networks that deliberately interfered in the election by blocking conservative opinion and i have no sympathy with politicians who try to kill debate. Answer this one, please, who qualifies as a climate denier . If i think, for example, if i think that the Green New Deal is pure economic nonsense, am i going to be blocked . If i think a goose lien gasoline powered carpetter than electric am i cast out . In my property upstate new york, they will try to build 700foot tall windmills to produce wind power. They are as ugly as sin. An eyesore throughout the beautiful catskills. If i say that, am i blocked . Weve had four years where the media and social networks have suppressed debate. If you hate trump you can say whatever you like. But if you like him and his ideas, youre censored. Enough of this, please. Climate is an important issue and there are many points of view. They should all be part of the debate. Neither senator coons nor twitter should be blocking anyone from that debate. Free speech is again on the line all right. What have we got . On the screen, there you go. Im not quite sure where to go. Were going here. Democrats breaking their own mask rules . It is another example of do as i say, not as i do. Well have lara trump to discuss that in the next hour. It turns out medical officials were among the guests attending the dinner party with california governor gavin newsom. No mask. Getting close together in a crowd. Mayor of san diego coming up to discuss that picture. In new york Governor Cuomo slamming Police Officers who are refusing to enforce the states strict limit on thanksgiving gatherings. 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Stuart thats Governor Cuomo of new york obviously slamming Police Officers who wont enforce the states 10person limit on thanksgiving gathers. My next guest is one of those Police Officers. He is the sheriff of fulton county, new york state. Sheriff richard jardino. Sheriff have you heard directly from the governor yourself . I havent heard from the governor or his office. I thank you for the opportunity to be on this morning, stuart. Stuart what are you going to do on thanksgiving day . I give you a hypothetical. Youre driving around your district. Youre in a squad car. You see a house with ton of cars. It is obviously they have a major league gathering right there would you go and check them . Not at all. My position is, im not against the governor. Im against his executive order. I think it is unconstitutional of. I can explain why. So im not going to stop, if anyone is outside, i will wish them a happy thanksgiving. Tell them to enjoy welldeserved time with their family. I have a little different view of people in our state and our community. I think theyre smart enough to determine for themselves after eight months of listening to all the precautions, all the risks, they know they have to take care of themselves, social distance, wear masks. They know the highrisk people could be family members. I know they take precautions for them. What turned the tide, the fact this is the First Executive order targeting individuals in their own homes. Stuart yeah. I have to explain, before i go into the constitutionality or unconstitutionality of that, i explain what the governor could do. He can regulate business. He can regulate bars, gyms, and restaurants with an executive order. He is confused i think because an executive order is not a law. It is just that. An executive order. So there is no sanction that comes with the limit of 10 people. But what i mean by regulating the restaurants, for over 100 years, the courts have held, including the supreme court, that in terms of public safety, the governor, or the president can limit some of your liberties to prevent the risk of harm to the greater good. So thats why he can say, 50 capacity in a restaurant, or he can say close at 10 00 or he can shut a gym down at 10 00. The reason he can do that is, those are public entities governed by the department of health, by the state Liquor Authority and other state entities. So they have a right to take your license, fine you, suspend or revoke you. In your own home is quite different thing. Stuart yep. It is very glad to hear your comment about the governor and california. Because what is really upsetting people across this country is do as i say not as i do. That is part of the problem across the country. So what happened here, this executive order says, you can only have up to 10 people in your home. Believe it or not, people dont mention this, our executive order says you have to wear a mask inside of the house. People leave. It is absurd. Your house is your castle and start there. Stuart i just want to jump in for one moment. Im with you 100 on this, absolutely 100 . We used to have expression in england, born and raised, an englishmans home is his castle. Americans i think feel the same way. One last one. This may sound off the wall. Suppose youre on duty thanksgiving day you get call from someone at thanks giving celebration, the caller says hey, far too many people in this room, theyre not keeping social distance, theyre shouting screaming, drinking a lot of alcohol, would you go and investigate from a complaint from inside of a home . A complaint from inside of a home, loud noise or disorderly in that home we would investigate. Stuart okay. A complaint from a neighbor that says, well i think there is more than 10 people because i see eight cars. That is not something were going to get involved in. It is outside the home fine. But im not going to breach the threshold of your home without a warrant, without your consent or an emergency. Executive order doesnt do that. The problem the governor, he can conceded yesterday when he was slamming myself and other Law Enforcement officers is that he is confusing when he is administrative, the Department Like the department of health, state Liquor Authority, he has all the power in the state to direct them to do certain things. They can enforce that but he cant tell me as the sheriff to enforce something that is not a law. Because a law has a sanction on it. A fine. There is no sanction on this. Stuart sheriff you clearly thought this through. We appreciate that. Were happy to have you own the show this morning. Sheriff, see you again soon. Thank you very much, stuart. I appreciate the opportunity. Stuart sure thing. In new york Police Officers were not the only people the governor lost his patience with. Lauren, who else did the governor snap at . Lauren a reporter who asked him a question for clarification. Are new York City Schools closing. Governor cuomo got downright hostile. Watch. First of all, lets try not to be obnoxious and offensive in your tone. If by the states numbers you hit 3 , the schools close. What are you talking about . Youre now going to override. We did it already thats the law and orange zone and a red zone. Follow the facts. Reporter still confused. Youre confused. Reporter parents are still confused as well. Theyre not confused. Youre confused. Reporter no, i think parents are confused as well. Read the law. Read the law. Lauren im confused, stuart. So new york state and city use different positivity rates. Which one are they using to determine that . Schools are closed today. Can the governor, will the governor, override the mayors decision . Everyone is looking for answers. 300,000 schoolkids are now home indefinitely. Some say the governor was condescending. Some say that was close to a mental breakdown. Stuart man, what a situation. This city is hurting. Lauren right out after mafia movie. Stuart oh, careful. Thank you, lauren. Lauren gestures. Stuart okay. There is a Payment Company which ive not heard of, it is called affirm. There is another one that will go public. Susan popular startup. It was founded by pay ball billionaire max lifkin. The company is called affirmed. Offer loans to customers at peloton and walmart, others. You dont have to buy the full bike. You can get loans to pay a portion after peloton . Does that make sense . Sales are almost doubling from last year. Lasts have narrowed as well. We know the affirm is part of uncorn race of ipo. Think of airbnb. Doordash. Firm is trying to raise cash. Traditional ways of Banking Payments is done. Newer a a the Inflection Point is year of covid. Even moving to mobile Online Banking that is something. That is a trendsetter right there another Successful Online Payment Company is square. Jack dorsey is one of the big disruptors. He is a visionary. He is investing eight Million Dollars into a italian payment app that expands in europe. When jack dorsey does something Pay Attention. Early adopter of bitcoin, one of first to offer local payments for Small Businesses. Jpmorgan, bank of america, youre concerned about your business going forward. You heard me tell you can get a loan from affirm, online payments company, right . You dont want to wait in line anymore. Stuart if you know how to use the technology it is available, quick and easy. That is a big deal. People like me i have a hard time using the technology. It is just an age thing. You knew that. Still to come, big show, wall street journal guy Dan Henninger is with us. He argues that republicans had huge gains in this election. He will make his case in the next hour by the way. Bernie sanders pitching himself for labor secretary under president elect joe biden. Watch this. I think Something Like secretary of labor would be a very attractive position. It would give me the opportunity to fight to raise the minimum wage, to a living wage, equal pay for equal work for women. Stuart attractive for who may i ask . A lot more on this. It is coming up on this hour of this program today. This was the theater i came to quite often. The support weve had over the last few months has been amazing. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. Our own hopes and dreams. Well pass many milestones. Moments that define you. And drive you. To achieve even more. So, celebrate every one. Because success isnt just about where you want to get to. 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Lauren their vaccine is showing promising immune responses in older adults with fewer serious sideeffects than the younger volunteers. That carries weight because it comes from a Peer Reviewed analysis. It is not the company saying that. It is the medical community saying that. The next one is biontechs ceo. He says, biontech and pfizer will fire with the fda for emergency use authorization tomorrow. Remember that is the twodose vaccine that has the 95 efficacy rate. One more for you. Johnson johnson theyre looking to get the green light from regulators for their oneshot vaccine around the month of february. Here is my question be because we have so many Different Countries in the race for the vaccine. What happens if j j, novavax, next drugmaker says we have efficacy rate is 60 or 70 . Which is good but compared to pfizer at 59. Stuart that is the next question. Well cross the bridge when we get there. If we do get there. Joining us now dr. Marc siegel. I have what might be a strange and difficult kind of question for you. Suppose i get the vaccine. I take the vaccine. Im not going to get the virus but can i still carry it and spread it . Stuart, that is a brilliant question and we actually dont know the answer to that yet but the chances are very, very high, given prior vaccines, and the way Vaccine Technology works that the answer is no. If you dont get sick with it this degree of response, like you take the pfizer vaccine, 170 events occurred and only eight of them were in the group that had gotten the vaccine. Looks like a huge barrier against getting the virus, getting sick with it or transmitting it. I would add the word transmitting it. We cant prove that yet. By the way in the Moderna Vaccine those who got really sick were not getting the vaccine. They were in the placebo group. Both in the moderna and pfizer vaccines, brand new technology, it looks very, very good not only that theyre 95 effective but they also decrease severity and almost definitely decrease the ability to transmit it. Stuart okay, here is another different kind of question for you, doctor, are we going to be Wearing Masks for as far as the eye can see . Next flu season comes along, should we all wear a mask to protect ourselves and fellow americans from that . Are we always going to be Wearing Masks . Stuart, i can answer that twoways. In australia im very impressed with the very low flu numbers this year because of the distancing and masking. So i think that learning to be a culture where we distance and wear masks has a Public Health benefit whether there is a pandemic around or not but what you are really trying to ask me is this, if 300 Million People get the pfizer or moderna or get the, as lauren was saying the Johnson Johnson vaccine looks very promising and astrazeneca is just about to come out, that has been tried by the way in millions of people in other platforms, in many, many thousands of people i should say have had tested with ebola vaccine previously, one of these or three of these or four of these will come out. If 300 Million People get vaccinated against covid19, you will not need to wear a mask at that point in order to protect you against that, absolutely. Stuart doctor, thanks for coming on board with such late notice this morning. We appreciate it. Two strange questions wellanswered. Doc siegel. Thank you, sir. Great questions. Stuart brilliant i would say. Lets look attest say. Susan if you say so yourself. Stuart tesla up 20 in two days. Best level since september, however, hold on, hold on, there is another electric car Company Getting ready to go public. Susan good timing for a rival. There is a boom in electric Car Companies which are favorites of robinhood traders. Electric van, bus maker, backed by blackrock, via another favorite trend this year called a spac. Which is a blank check company. Investing 400 million, 500 million into a rival. According to the enterprise value of a rival come binded five or six billion dollars. I said this year is a boon for electric Car Companies. Nio up 1000 . As we know elon musk gets richer and richer and richer. He is 10 away from overtaking bill gates as the worlds richest man. Stuart all money pouring into electric cars, gm, ford, chrysler, mercedes. Susan playing catchup. Stuart look at harleydavidson. They have a new week. Are you going to reveal it for us, ashley . Ashley im indeed. There is no throaty roar of the engine. Were talking about electric bikes, harleys cereal one ebike. It was a division spun off last year. We can bring up pictures. Theyre cool looking. Get to the price why dont we. They range there you go. They range in price from the bottom end at 3400. What is called and urban play bike, to 5000 for the most powerful of the bunch with a bat arery gets you to 28 miles per hour. Perfect for a commute, terrorizing new yorkers trying to navigate a crosswalk who have the light. But i digress. All the bikes are pedal assisted meaning legally classed as bicycles rather than motorbikes. Harley says cereal 1 bikes start shipping to the u. S. And germany early next year. The reviews so far of these bikes have been very positive. People say they look very slick and very cool. Stuart all right. Slick and cool, all right. Thanks, ash. Media . Media was all over mr. Trump when he was not wearing a mask. But look at this, democrats out and about maskless. You never see that on the mainstream media. You just dont see it. Well ask lara trump all about it though in our next hour. Speaking of hypocrisy, here is california Governor Newsom apologizing for breaking his own restaurant rules. Roll tape. I made a bad mistake. Instead of sitting i should have stood up. I got to own that. So i want to apologize to you because i need to preach and practice, not just preach. Stuart yeah, but what the governor forgot to mention in that apology is that he was dining with california medical officials. Cheek by jowl, no mask, how about that . The republican mayor of san diego is going to join us soon. Lets see what he makes of this. Well be back. Geico makes the claims process so easy. I can file and manage my claim, all on the geico app. Its not just easy. Its givingyourdog yourfitnesstracker easy. Oh, good boy. Yes, you got it woo already got my 40,000 steps today. Can i get a what what no pain, no gain haha. Its geico easy. With fast and convenient claims service. Look how fast im running good boy, chester. Stuart it is still a flat to slightly lower market at least for the dow and the s p but the nasdaq is now perking upwards to the tune of a half a percent. Thats at market. Businesses obviously bracing for more restrictions and some curfews as well. Were going to Grady Trimble in chicago. Youre going to tell me the state of play in illinois. Go. Reporter stuart, were pretty close to a lockdown right now with the governor telling people to stay home whenever possible and cancel thanksgiving plans and then more restrictions go into place tomorrow. Museums like the iconic field museum will have to close as well casinos and movie theaters. Retail as they gear up for the busy Holiday Shopping season, theyre restricted to 25 Capacity Starting tomorrow. So are gyms and salons. Bars and restaurants have been closed to Indoor Dining for several weeks now. That continues. They are allowed to do Outdoor Service at the moment but as you might expect here in chicago this time of year not exactly an ideal situation. Michigan has similar restrictions in place right now. The governor of illinois has even floated the idea of a second lockdown. It might be a couple weeks before he does that. He says he wants to see if these restriction impacts coronavirus number of cases and hospitalizations. Stu. Stuart we hear you grade i d thanks very much. I will move on to california where Governor Newsom is considering a statewide curfew as he orders more businesses to shut down. This comes of course after he was caught at that dinner in a large group which we now know included california medical officials. All breaking the rules. Unbelievable. Kevin faulconer is with us, the republican mayor of san diego. Your honor, what are you going to do on thanksgiving . Are you going to order your Police Officers to get out and about in san diego to check up on people if theyre wearing a mask in restaurants or how many people they have got at their dinners, are you going to do that . Stuart, i will enjoy thanksgiving with my family and follow the rules and i think to your point what weve seen in anger and frustration in california right now is with the governor puts out a set of rules and doesnt follow them himself and that is what not just in san diego but across california folks are saying the hypocrisy of this whole thing is what has them, as i said rightfully angry because as we have gone, stuart, weve talked about this before, weve gone through open and closed, open and closed. Stuart yeah. That has been the case in california up to four or five times depending upon the city youre in. That is unacceptable. As we continue to put this burden on Small Businesses, who by the way are doing the right thing, keeping their employees and their customers safe. Thats what we should be focusing on rather than blanket shutdowns which is going to put so many Small Businesses literally out of business in california. Stuart i got to tell you, your honor, i would expect to see some confrontations here, some noncompliance by the people of california. I dont think theyre going to sit still for this kind of intervention in their homes and lives. Are you expecting that . Well, i think that is just the point, stuart, and look, to say that if you have a gathering and you can only be for two hours, i mean, when these rules dont make common sense, that is where you see the frustration. That is where you see the people saying what is sacramento trying to do to us when buy and large everybody is trying to do the right thing. And so when you put out that set of rules, you dont follow them yourselves, that is where i think it is very difficult for stuart, for all of us, as Public Officials who are trying to encourage folks to obviously wear masks, do the right thing but when rules come down that make no sense, that is where it gets a very, very difficult to enforce. Stuart i would like to see if there is going to be confrontation next week. I would like to see that your honor, kevin faulconer, mayor of san diego, great city by the way. Thank you. Stuart i want to be a weather forecaster in san diego because it is always sunny and 72 degrees but i didnt make it. Youre welcome anytime. Stuart thank you, sir. Well see you again soon. Still on california the state is being sued by, Dunkin Donuts and others over that gig economy law. Hold on, susan. Susan yeah. Stuart i thought that gig economy rule, law, had been struck down . Susan well it is only for uberand lyft that beat ab5 to reclassify drivers as employees with benefits but not the coffee and doughnut shops. Even asianamerican Hotel Owners Association is part of this lawsuit. What theyre protesting is that the protesting the ab5, socalled abc test, meant to prevent companies from misclassifying their workers in relationship between franchisees and franchisers. Who do the employees ultimately work for . Is it for the franchisee or Dunkin Donuts the Parent Company . Who pays their benefits . That is what arguing now. Should they pay up to the Parent Company itself or should the franchisee have to dole out extra payments. That is what theyre trying to figure out. Stuart that law is a mess from the getgo. Just awful. Ridiculous. However, dont get me started. More than, no, nearly 700,000 californians have left the state since last year and theyre moving to states like texas, arizona, nevada and others many tomi lahren is very worried. Will they take their politics with them, liberal politics from california. Going to invade texas . Dear lord, heaven for bid. Tomi lahren will make her case on the show. First New York Times calling for the closure of restaurants and bars having the government pay off the owners. Andy puzder knows a lot about the Restaurant Business and he will weigh in as they say, after this. [ sigh ] not gonna happen. Thats it. Im calling kohler about their walkin bath. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkinbath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkinbath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkinbath provides independence with peace of mind. Stuart you know just a couple minutes ago we were down triple digits. Now were down 50 points. There you have it. By the way the nasdaq is rallying very nicely. Up a half a percentage point, 63 points. And then there is the New York Times editorial today calling for the closure of restaurants and bars and having the government pay off the bar owners to keep them going. Andy puzder is with us. He is the former ceo of cke restaurants. He knows a thing or two about this business. What do you think about this, shut them down and pay them off, what say you . Only areas where they should shut them down where hospitalizations are way up. If it looks like the medical facilities are getting overwhelmed then those cities or states should probably take action to try to prevent that from happening. Look, these restaurants have been struggling to stay open. New york is a great example. Whether reduce capacity or stay outside. These businessmen and women are doing everything they can to keep the restaurants open. If the government or state or City Government shuts down their ability to stay open, the government should open. Stuart where is the evidence that they are super spreaders so to speak . Where is the he have for that . I have not even it directly. The New York Times article referred to a couple of studies that aligned spending in restaurants with the rise of covid19 cases. There is nothing out there that establishes that restaurants are anymore points for spreading the disease than any place else. We need to protect people that are vulnerable. We need to socially distant, wear masks do all the things you can to protect yourself. Were a couple months away from a vaccine. Weed into to do what we can to try to keep businesses open, not start shutting them down and doing further damage to the economy. Stuart next case, Bernie Sanders. He says he is open, stop laughing, Bernie Sanders says he is open to being labor secretary under joe biden. Watch this. I think Something Like secretary of labor would be a very attractive position. It would give me the opportunity to fight to raise the minimum wage, to a living wage, equal pay for equal work for women. It would give me the opportunity to make sure that workers who are entitled to overtime pay get that overtime pay. There is a lot of work to be done in the department of labor. Stuart andy, how do you feel about a Bernie Sanders as labor secretary . I hope the republicans in Congress Give Bernie Sanders as fair a treatment when he is nominated as the democrats gave to me when i was nominated. I think he would be a disaster for the economy. He would absolutely scare the heck out of businesses. Youre talking about putting somebody who once supported the communist regime in the soviet union, who thinks a lot about what happened was very positive about cuba,s have very positive about venezuela and youre talking about putting him in charge after Government Agency that deals with american workers. It is just, it is a recipe for disaster. It would be a terrible, terrible thing for the entire country. Stuart andy pus der, i think we know where puzder, i think we know where you stand on every issue. Thanks, stuart. My pleasure. Stuart allstar hour coming up for you, lara trump will be with us. Wall street journals dan hen henninger will be us. The third hour of varney after this. Trelegy for copd. 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Find your fitscore and get your answers today to get the most out of medicare. Call the number on your screen or go to healthmarkets. Com call now. Living in america, eye to eye stuart james brown, yes. [laughter] the one song i know from james brown is i feel good. And this one. From rocky. Stuart i like that. You know, look, its 11 00 here in new york city where Public Schools are closed. We got more on that in a moment. Dont know when theyre going reopen, by the way, but weve got more on it. First, take a look at the markets. Now the dow back down just, what, 110 points. S p is down, but the nasdaq, nice gain, up 51 points,. 44 . Now, West Virginia weve got news from new york citys mayor. Hes speaking right now, and i think, susan, hes talking about more restrictions coming. So gyms and restaurants will soon follow, he says, according to de blasio, likely in the next week or two, they will be closed as well. All new York City Schools are closed as covid cases reach 3 , so you have to really feel sorry for those parents who cant afford childcare on short notice. Meantime, Governor Cuomo berating reporters at his press conference, again, denying there would be any school closures, and then de blasio says, yes, they are going to close. Heres a look at the New York Post cover, it kind of says it all, dunce caps, poor performance in the corner for both cuomo e and de blasio. Disappointing a lot of people in new york state and new york city. Meantime, we do have restrictions once again in the states of kentucky, minnesota, and illinois, and that is now rallying the stay at home winners we with saw during that time period. Stuart and i think what you just mentioned and de blasio saying maybe a real lockdown is coming, i think thats affected the market. I think it has. Its bifurcated, some are up today, expect others that we mentioned when there have been closures at the heights in march and april. Stuart overall, a lockdown not popular on the big picture kind of thing. All right, susan. Now this. In new york city, there is a rising sense of despair. Its probably the same occurring in big cities across the country, but in new york it is particularly acute. Living here you hear it all the time, this place isnt coming back anytime soon. And when it does, it just wont be the same. Hard it all the time. The things that make this such a great city have been shut down. Theaters will not reopen until at least next summer. Restaurants by the thousands are closing for good. Homeless people roam the streets. You know, you walk around here, its almost like los angeles. And today the schools have been closed indefinitely. Nothing quite sums up new yorks despair like that wilting Christmas Tree in rockefeller center. The authorities are floundering. That is an understatement. All theyve got is hate trump. The mayor of new york, de blasio, is at odds, hes at war with the governor, Governor Cuomo. Theyre both at each others throats. Wednesday de blasio arrived six hours late for a press conference. Then he announced the closure of the schools, leaving hundreds of thousands of parents stuck. And largely minority children lose, what, the best part of a years worth of education, gone. What a mess. The tourists are gone, not coming back for a long time. The middle class and anyone with enough money has skipped town. Theyre not keen to return to a city with rising crime. And why should the rich hurry back when they know theyll face sky high taxation . Isnt it time our big cities started to rethink the whole lockdown policy, rethink this defund the police nonsense, rethink the arbitrary closing of all the things that make cities attractive . Isnt it time that democrats climbed off their hate trump bandwagon, they should take responsibility for what they propose, and they should be held accountable when the rich and powerful break the rules they impose on us. And Governor Cuomo should stop calling reporters obnoxious. Look at this, this is the government of new york. Watch this. First of all, lets try not to be obnoxious and offensive in your tone. If by the astronauts numbers you hit by the states numbers you hit 3 , the schools close. How what are you talking about . Youre now going to override. We did it already thats the law in the red zone. Follow the facts. [inaudible] well, then youre confused. Im confused and [inaudible] are still confused as well. Theyre not confused, youre confused. Read the law no, i think theyre confused as well. Read the law. Read the law. Stuart the man lost his temper, thats it. Brian brenberg is professor of economics here at the Kings College in manhattan. Brian, youre in new york city. Are we about to see another fullblown shutdown . And if so, what do you think about it . Well, i think it stinks, and based on what you just reported, it sounds like were going to see it. And i just cant imagine anything in this city that could be more harmful, again, not for the affluent, not for the upper middle class, just as you said. Theyre already out of town or theyre packing their bags right now if thats what theyre hearing from de blasio. I tell you, right now theyre packing their bags to get out of here. But its the folks who depend on the Public Schools here, the folks who 2k3e7bd on going to work, the folks who depend on hospitality businesses to make their lives work. Theyre sitting there right now saying what am i going to do . Theyre shutting me down indefinitely. I have no options. I cant leave. And theres no creativity in the thinking at all, stuart. Its these the blanket ideas. You know, think about how much money restaurants have invested in trying to find a way to stay open safely. You talk to restaurant owners, theyll tell you i put so much work and money into forgetting out a way to do this, and now i i get the political authorities telling many im not safe . How do you know . Youve never been to my restaurant, you dont know what im doing, you cant trace these cases to me. Thats a legitimate complaint. And for the governor to sit there and saw youre confused, too bad for you . No, all of is confused, and theyre despondent because theyre looking for a way forward, and theyre simply getting a shutdown. Stuart ive asked this question to a lot of guests both today and in the past week. Are you expecting noncompliance come thanksgiving . Resistance to these restrictions . Are you . Yeah. But heres what i call it, stuart, i call it People Living their lives. I dont know people are interested in not being compliant, but they have to make a living, and they have to make a life. They have to take care of their kids, they have to provide for their needs, and they have to find a sense of happiness and joy e in this time. I mean, im from minnesota, you know, the governor of minnesota just told people you just cant get together with anybody period. You cant watch a Football Game with your brotherinlaw, you cant have turkey with your relatives. Just stay home, and people are saying, its thanksgiving. I want to give thanks for the good things i still have in my life, and i want to share it with my family, and as long as all of us are okay, why cant we do that . Thats our right in a free country to do that. Theres no way any governor can take that away. I appreciate the comments from the sheriff you had on earlier, i think he has the most balanced approach from anyone ive heard on this issue yet. Stuart yes, he was very articulate. Brian, before you go, i just want to bring up harvard. Theres a petition circulating that would ban Trump Administration officials from speaking, teaching or even awe tending harvard university. Youre a college professor. I call this flat out the end of free speech, the end of free debate or the start of the end of free debate. What do you make of this . Well, and its the end of education. You know, im a harvard alum. Im embarrassed often by whats happening there, especially embarrassed by this episode. Ill tell you this, the student it is who are calling for these petitions are the same ones who want to have their hand on the levers of power someday. They want to be in the ruling class of this country. And if we dont start pushing for a greater Free Expression of ideas in colleges, theyre going to end up in those ruling positions in society, and theyre going to bring that same bias against free speech there. Right now it used to be universities were the safe haven for free speech. Now it seems to be any place outside of universities, and all of us better take up that mantel and stand for free speech, because if we dont, universities are going to lead us down the road of the suppression of ideas. We cant have that. Stuart yeah. Some of us remember mario savio and the Free Speech Movement at berkeley in 1963. We have to relearn the lessons of history. Good stuff, indeed. Thanks very much for joining us, brian. See you with soon. All right, look at the markets because weve got some red for the dow, down 100. Nasdaqs down 46. Not that Much Movement. John layfield, fox news contributor, joins us now. Weve been hovering around these levels for a couple of days now. Do you get a sense the markets stalling for some reason, maybe because of all these restrictions coming in various states . Yes, i do, stuart. I think its exactly what you said. We have conflicting forces right now in the market. We had this wonderful news with the vaccine thats going to start getting to people by the end of the year, and it looks like by march or april were going to see some type of herd immune i few, but right now covid is a pandemic that is somewhat out of control, and it looks like were going to have some type of shutdowns around the country. Thats really bad for the market. Forget the political aspects, whether its right or wrong. Its really bad for the economy, and i think thats what the market is trading on right now. Stuart however, ive got three stocks, i know you like em, and im going to go through them one at a time. The walmart. Whats so good and wheres it going . I think the valuation is wrong. I think youre seeing a reevaluation of certain old companies. Look at general motors, it should be more like a tesla now because of electric vehicles and the new mandate thats going to come off the what looks like a biden administration. Same with mgm. Its an Online Sports book business. Should be val waited more like draftkings. Walmart is exactly the same. Its a great old company. Theyre doing so many incredible things. The new dock in a box they have to deal doc in a box to deal with health care, but also jet. Com and mark lord, i think now you should see it more towards amazon which is a 69 multiple. Stuart tell me about moderna, the vaccine company. What have you got . I do love it, and i think modernas going to be the most akin to pfizer. Weve already seen 95 because its messenger rna which means its a genebased vaccine, the fist genebased vaccine to ever be approved will be pfizer, the next will be moderna. Im not sure astrazeneca, you had vaccines that were cultivated, not grown in a test tube, its not the same efficiency as moderna and pfizer. Stuart all right. Well take your word on walmart and moderna and, john, thanks for joining us. See you soon. Thank you. Stuart im still on the vaccine trail here. Look at astrazeneca. Theyve got a vaccine thats showing promising results with older adults. The stock is down a tiny fraction, but its promising news from them. Johnson johnson, theyve got news on the vaccine front. Its a oneshot vaccine, not like two from moderna and pfizer. This company says theyre going to have approval for their vaccine, or they hope to have approval by february of next year. Thats Johnson Johnson. Now, weve got the latest on stayathome winners. After all, got all these lockdowns coming at us. I guess theyre the winners. Tdoc, because of all these new lockdown measures taking place in new york, new york city, minnesota, kentucky and across america with covid cases surging, youre going to need telehealth once again. Crowdstrike, youre working from home and educating from home. Trillion and take a look at roku. We know that streaming has boomed during the heights of the pandemic in march and april. That is continuing. And right now these stocks are gotting rebid up once again. Stuart look at em go. Youve got this round of lockdowns or restrictions, and up go its just like a yoyo e, isnt it . When we started off, these stocks were flat to down, and now with the de Blasio Press Conference that gyms and restaurants will be likely closing in a week or two, we know thats coming. Stuart big show still to come. Dan henninger says republicans were some of the biggest winners in the election. Interesting. First, though, critics attacked the trump family when they didnt wear face masks at the first debate. Wheres the outrage against democrats breaking mask rules and restrictions . Lara trump has a lot to saw about that, and shes going to to say about that, and shes going to join me next. There aint no excuses, excuses, babe. Your mama raised you better than that when a hailstorm hit, he needed his insurance to get it done right, right away. Usaa. What youre made of, were made for. 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He calls that report beyond bizarre and ridiculous. Senator graham. The Trump Campaign expected to hold a News Conference at the top of the hour. Lara trump is with us, trump 2020 Campaign Senior adviser. Lara, do you happen to know what this News Conference might be about . Good morning, yeah. Look, this is going to be with our legal team, and theyre going to lay out, stuart, exactly how they plan to move forward and show that donald trump actually won this election. Stay tuned another noon, i think its going to be interesting and insightful for people. Stuart okay, were going to be watching that news report, News Conference, i should say. Lara, the media really went after you and the trump fam huh and the white house for not family for not Wearing Masks on the campaign trail, but look at this. Now weve got toplevel democrats with no masks breaking their own rules, breaking their own restrictions, constantly. Lara, where is the outrage . I dont see it. Yeah. Well, there should be outrage, and it should come from the same folks that tried to get Trump Supporters, our entire family, everyone at the white house a hard time over the past six months. It should come from the mainstream media, but we know that it is going to be crickets from those folks because theyre all in the same camp, all camped up together at the dnc working on behalf of the democrats and joe biden. But when you see gavin newsom without a mask out at a restaurant with all these people, whenever you see nancy place city getting her hear nancy pelosi getting her hair done without a mask, its really unbelievable and outrageous. I think the American People have very clearly seen that these folks are saying its rules for thee but not for me. They are so hypocritical. But they call themselves out. We almost dont even have to do it. But i think they look really bad, and i think the American People have gotten notice of what team theyre on and how ridiculous some of these lockdowns and not having thanksgiving, stuart, all of these things have become. Stuart ive got one more for you on the same kind of idea. The media ignored the violence against Trump Supporters at the million maga march. Were got some of it weve got some of it on the air right now, and its brutal stuff. Thats Trump Supporters being beaten viciously by antitrump people. Were you there, by the way, dud you see any of this, lara . I was not there personally. I was getting photos from friends and videos throughout the entire day. What a beautiful display of patriotism. You saw that there was not a single incidence of violence that was caused by Trump Supporters. Nobody burned things down, nobody smashed in windows and took down Small Businesses. It was afterwards these folks that did not agree with the people that were showing their patriotic spirit and loving america that attacked Trump Supporters. And, i mean, it was horrific to watch. I think anyone who saw the videos should just be completely outraged by this. But where is joe biden, by the way, calling out these people . It was antifa that executed this attack on Trump Supporters. Of and remember, it was joe biden that said antifas just an idea. Its completely crazy to see this happening. And this is infringing upon peoples First Amendment rights. Everyone has the right to go out and if show their support for whatever it is that they want. And its really sad whenever you see people getting attacked like this. But then, again, its crickets from the media, crickets from joe biden who is the head of the Democratic Party. As he said himself, the media has lauded him as president elect. We disagree with that, but he should come out and forcefully say this is wrong in the United States of america, this should never happen. Stuart we will see if that ever happens. All right. Lara, thank you very much for being with us, as always. Great to see you again, thank you. Thanks so much. Stuart we have some earnings reports from some of the retailers. Very interesting stuff. First up, bjs wholesale club. Profit doubling from the same time last year. Obviously, people are buying. The stock is down a little bit but not that much. Macys, whoa, they reported a 20 drop in sales. Digital sales were up, what, 27 , but that didnt offset the losses from bricks and mortar. Macys is only down five cents, onehalf of 1 . How about l brands, victorias secret owner . Ten times more money than wall street analysts expected. Thanks to strong sales at bath and body works, and susans laughing at me. [laughter] thats what dud it. Scented candles. Now you know, up 15 , l brands. Ashley, whats this, a nearly extinct brand could be making a comeback . Which one . Well, the question is could raid e yo shack raid e yo shack be the latest character in the walking with dead . According to the wall street journal, two retail entrepreneurs from a miamibased venture or Company Called r, b bought the rights to the radioshack brand along9 with the related web sites. As we know, they filed for bankruptcy twice between 20152017 but still operates and i didnt know this primarily as an online retailer but still has a america of about 400 stores owned by independent dealers. Well, the new owners think they can breathe new life into the well known brand by expanding its online presence. Its not just raid e yo shack, this particular company has bought a host of distressed retail outlets including pier one, dress barn, steinmart all of which, we are told, will see a big push to improve their online footprint. Itll be interesting to see how effective that is. Radioshack not out. Stuart maybe life after bricks and mortar. Who knows . [laughter] yes. Stuart all right. Ive got a number for you, and its a big number. 700,000 people left california last year. They went to places like texas and arizona. Tomi lahren is worried that theyll take their liberal policies with em. [laughter] shes on the show, shes worried. However, we have with us also wall street journal guy Dan Henninger. Hes got some good news for Trump Supporters. Hell tell us next what that good news for republicans is from the election. Thats new. Third hour of varney rolling. Blinded by the light i said, ooh vo im a verizon engineer and today, were turning on 5g across the country. With the coverage of 5g nationwide. And, in more and more cities, the unprecedented performance of ultra wideband. The fastest 5g in the world. It will change your phone and how businesses do everything. Im proud, because we didnt build it the easy way, we built it right. This is the 5g americas been waiting for. Only from verizon. 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. Abut what if there was a Hidden Treasure . A prolific area,evada. Untouched for decades waiting to be rediscovered . What if one gold explorer is set to unearth the potential and transform the area into the next big nevada gold district . Corvus gold, gold rediscovered. Stuart all right. The dow is now down 76, and the nasdaq is up 64. Its a mixed picture this morning on the markets. Lets take a look at this one, i like it. This is the wall street journal oped that reads, hey, trumpians, cheer up. [laughter] Dan Henninger argues even though the president didnt win necessarily, the Republican Party did, and and Dan Henninger joins us now. You know, we like to read headlines hike that, dan. Make your case, please. Yeah. All right. Well, you know, we are awaiting the outcome on the president ial, no doubt about it. But you know what, stuart . Lets be honest, there were a lot of us, and i think i have to include mousse, who thought this election myself, who thought this election was going to produce a. [laughter] wing reign of idiots from the top to the bottom of government, right . [laughter] a complete wipeout. But i think the results are really cause for optimism. Strong optimism about the future of the conservative movement and the future of the Republican Party starting with the senate. Many people thought the democrats were going to come out of this election with a 5448 majority. Instead, senators that were at risk like Susan Collinsing in maine, thom tillis, joni ernst in iowa, they won, and unless the republicans blow it, they should win those two seats in georgia and hold control of the senate. The democrats thought they would increase their majority in the house of representatives. Finish instead it has fallen. Not only has it fallen, but the majority is so narrow that if history holds, stuart, nancy pelosi should be out of a job in two years after the midterm elections. In the first midterm after barack obama got elected, the democrats lost 60 seats. After bill clintons first term in the midterms they lost 54 seats. And theres only about a 20seat majority now for the democrats. So i think nancy pelosi is on her way out. But perhaps the strongest piece of evidence was in the state legislatures. The republicans the democrats thought they were going to flip one seat or at least one chamber in legislatures in texas, pennsylvania, michigan and north carolina. They failed in all of them. Republicans still control those legislatures, and they control those in most ore battleground other battleground states which means they will draw the redistricting maps after the 2020 census returns are in. In other words, are republicans are not heading into the wilder wilderness for a generation. Wilderness. They have an opportunity here. Tooth stuart why do you think the democrats did so badly down ballot . I think a lot of that has to do with, you know, this is ab interesting question. The media, of course, in our time has become extraordinarily biased against trump, the republicans and conservatives in general. And i think theyve been trying to smooth a path for the progressive, the rise of the progressive ascendancy. But they publicized what the progressives were in favor of. We watched that during the democratic primaries. Bernie sanders was on that stage, elizabeth warren, the res of them. It became clearer what the democrats were in favor of notwithstanding joe biden trying to run as a moderate. And then all those protests after may 25th in cityies across the country, mostly led by leftwing activists. And i think voters at all levels of government decided they wanted to give the Democratic Party a timeout. They just werent going to go that far and allow that party whose policies and practices and habits and demonstrations have been publy sized for six or seven month, they were not going to put them in control of the United States. And as well, i think a lot of it had to do, stuart, with Donald Trumps policies. You know, there were so many people who said im not sure i can vote for the man, but i really do like his policies. And i think that policy set especially in the area of Economic Opportunity which was the reason he got more votes with black, hispanic and asian voters, Economic Opportunity still looks like an entirely viable policy platform for the conservatives and the Republican Party. Stuart you know what, dan . Youre firing me up and looking forward to the elections in 2022. [laughter] i cant without. Dan henninger, thanks for being here. You should. Stuart see you next week, thank you. States and cities are using curfews trying to curb the spread of the virus. I want to check in with Grady Trimble in chicago because theres no way businesses are going to be happy with this. What are they saying . Reporter no. Well, chicago trued the curfew approach here, Officials Say it didnt do enough to control the virus, so theyre introducing more restrictions starting tomorrow. But as you mentioned, some cities, states and counties are introducing curfews so they dont have to do the full restrictive measures that some cities and it states are doing. New york has been under a state wide curfew since last week. Ohio starts at 10 00 tonight, and l. A. Will introduce theirs starting tomorrow. Finish so, obviously, this has a big impact on restaurants. Some new york restaurants, they say sales have been down about 30 since the curfew has gone into place in new york state, but with it also has a trickledown effect. Think about those rideshare drivers who are used to late night rides, people trying to have a social life. Those go away when those 10 00 curfews go into place as well with. On the flipside of that when more restrictions are in place, we are expecting to see another uptick in the food and grocery delivery services. Stu . Stuart oh, boy. No wonder they dont like it. Thanks very much, grady, got that. Now then, bank of america saws, wait for it, no word, bank of america says zihlenials are going to change you didnt read the script correctly. Stuart no, i know i didnt. [laughter] its a combo of millennials and the younger genz, the Largest Group in america right now by demographic, and as they get older and richer, they will drive the economy with their spending habits going forward. So that means byebye to the peak era of eating meat, Drinking Alcohol and gaspowered cars. So investing wise, bank of america has said,sports, payments, it can, luxury, media and those social luresponsible informing sectors like investing sectors like clean energy. Stay away from the cars, sea away from meat producers stay away from meat producers, alcohol. Thats in 11 years from here, and 9 out of every 10 zillenials will be in and we had an interesting conversation earlier, because im trying to explain con concepts of emers and technology to you, but when i get to your age, im sure people will have to explain that to me, right . Stuart exactly. Older people dont always get in line with the up and coming technology. We find it very difficult to understand it and use it. Just wait. A whole deferent language. Stuart just wait another 50 years, youll get there. [laughter] thank you, susan. Thank you. Stuart did you hear governor Gavin Newsoms apology for going out to dinner . Watch this. I made a bad mistake. Instead of sitting down, i should have stood up. So i want to apologize to you because i need to preach and practice, not just preach. Stuart okay, look, he did say he ate outdoors. He didnt. These pictures tell a different story. He ate indoors without a mask. Tomi lahren, fired up about this, and so is everybody else actually. Shes next. Yeah trouble now, im trouble, yall. Trouble, yeah trouble now, im trouble, yall i took out this personal loan with sofi and it significantly helped me lower the amount of interest i was paying. Sofi helped me pay off 23,000 of credit card debt. And i just couldnt have done it without them. This was the theater i came to quite often. The support weve had over the last few months has been amazing. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. Hey kaleb, whats up . How you doing . Hey, im good, guess what, i just had my 13th surgery. Really . I just had my 17th surgery. Well, you beat me. Well, i am a little bit older than you. Yeah its true. How are you doing . Im doing good. Im encouraged by seeing how people are coming together to help each other during times like these. Kind of like how shriners hospitals for children is there for us. Imagine if i couldnt get my surgery. Who knows what would have happened. Same for me. I know my shriners hospitals family will continue to take care kids like us who need them most all because of caring people like you. Like me . No, the people watching us right now at home. Oh, those people. Hi people. Kaleb and i know not everyone can help right now, but for those of you who can, we hope youll this special number on your screen right now. Youll be making sure our amazing doctors and nurses can keep helping kids like us, who need them now and in the days to come. Your gift will make a huge difference for kids like us. Ooh, ooh, show them them the thank you gift. Okay, okay, hold on a second. With your gift of 19 a month well send you this adorable, love to the rescue blanket as a thank you and a reminder of the kids youre helping with your monthly support. So what are you waiting for . You can use your phone and call, or go to loveshriners. Org to give and join with thousands of other generous people who change lives with their gifts every day. I think thats about it buddy, good job. My pleasure captain. Please call now. If operators are busy with all the other caring people, please wait patiently, or you can go to loveshriners. Org to give right away. [alec] big or small, your gift helps us all. [both] thank you. giggling stuart act to Matthew Mcconaughey might be saying all right, all right, all right did i get that right . [laughter] stop laughing, all right, all right, all right to politics. Lauren, tell me, get me out of this. All right, all right, all right. Hugh hewitt asked him would you consider a gubernatorial run in your home state of texas, and mcconaughey dud not say no. He said when politics redefines its purpose, i could be a hell lot more interesting. Hes considered centerright, to that could land him governor of texas, well see. But he said, first, politics needs to redefine and fix itself. So lets see if politics are in his future. Stuart all right, all right, all right, as they say [laughter] thanks, lauren. Californias Governor Newsom, hes facing some backlash for breaking his own lockdown rules. Jonathan hunt is in los angeles for us. Jonathan, are there any repercussions for what the governor did . Reporter well, he wont be eating out anytime soon, stuart. [laughter] politicians are rarely ones to let an opposition mistake slide by, so republicans are piling on governor gavin newsom for his admitted mistake of attending a restaurant the party unmasked with several people while telling the people of california they should do none of those things even this thanksgiving as we battle the coronavirus pan chem ig. The pictures of newsom doing exactly what hes telling californians not to do prompted one Republican Committee woman to liken his actions to the french queen during the revolution saying the entire night out had a, quote, Marie Antoinette feel to it. Newsom has apologized and acknowledged it was simply wrong. Instead of sitting down, i should have stood up and walked back, got in the car and drove back to my house. Reporter it didnt e help that the restaurant in question is one of the most expensive in california with a menu that runs around 350 per person, a fact that prompted republican state senator Shannon Grove to ask rhetorically via tweet, quote in california 350 is equal to, a, one weeks unemployment check for millions of california workers, b, the cost of Gavin Newsoms dinner at napas French Laundry restaurant or, c, both of the above. Newsom also said during his apology press conference that, quote, covid fatigue exhausting, although it is perhaps slightly less so when one with fueled by nova scotia lobster, ahi and herb roasted lesion field farm lamb. Those were just some of the dishes, stuart, on last nights rotating tasting menu at the French Laundry. Fabulous. And no wine included in that 350 other. [laughter] stuart you had fun with that report, jonathan hunt, and you loved pronouncing the name of all those dishes. Youre very good. Good to see you, jon than, thank you. Lets bring in tomi lahren, fox nation host. Everybodys fired up about this, everybody. Theres a real outrage out there. Whats your input . Well, im not surprised at all because i lived under the tyranny of governor gavin newsom for several years. But what id like to ask folks in and elsewhere that are fired the up about it, what are you going to do about it . It seems to me in california and other places run by democrats that we see the leader saying do as i say, not as i do, they yet in trouble for a day or two, and then they continue on. Nobody votes them out, everybody complies, and they move on with this business tyranny as usual with. Everyone will forget about it as usual. Stuart i would like to see some pushback here. I mean, come thanksgiving when theyre in california and theyre telling you how to eat, what to eat, where to it eat, i want to see some pushback to that. How about you . Oh, absolutely. I think that californians should be very upset, and they should understand if they keep voting for democrats, its exactly what their going to get. Theyre going to get. And they should realize the leaders at the top, theyre the ones imposing the restrictions or encouraging us to be restrict, but they rarely follow their own restrictions. And furthermore, when you look at california, theyve got cases surging, theyre lecturing people on what they should and shouldnt do for the holidays, and end then youve got gavin newsom attending a dinner with top members of the California Medical Association that also lecture us Little People about wearing our masks and following proper safety protocols. Its hypocrisy up and down. We just have to ask will anything change in those democratrun states . I dont think so. Stuart its arrogance to boot as well. Look, tomi, 653,000 people left california last year, im sure you know this. They moved to places like texas, arizona, nevada, washington state, oregon. Ive got some numbers thatll show you how many went to all these different astronauts. But i understand youre a little worried that the californians will take their liberalism with them and ruin the red states that theyre going to. Finish do you think thats likely . Its not only likely, its happening. Look at this past election. Look at what happened in texas. The fact that we could be worried about texas possibly going blue or purple is astounding. Look at arizona whose voters passed a massive tax hike on themselves. You look at places like tennessee, im here in nashville. Again, weve been a democratrun city for some time now. Youre looking at the rest of the state and other proud red states who have an influx of liberals who leave their liberal state, and then they come and they bring their votes and policies with them. So i have a plea, please, if you want to come to one of our beautiful red states and take advantage of all of our businessfriend lu policies and the good folks we have living here, please, just lee your liberal leave your liberal policies where they belong, in the states that have already been ruined and leave ours alone. Stuart i like that line. Tomi, im stealing that line right off you, im going to do that. Tomi lahren, everyone. Well be watching you on fox nation and your show, or no interruption, available only on fox nation. See you again real soon. Next, were going to give you a closeup look at fords new f150 hybrid. Like the look of that. Well be back. Muck oh, i swear to you, ill be there for you. This is not a drivebut. Businesses today are looking to tomorrow. Adapting. Innovating. Setting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Stuart show me carvana, first of all, thats the stock price on the lefthand side of the screen. Theyve just unveiled their tallest car vending machine ever. Look at that, right outside. That is a 12story structure. Its in atlanta, and it holds 43 cars. Thought wed show ya. Now lets get a closeup look at the ford f150, the new one, the hybrid. Gary gastineau, foxnews. Com automotive editor, hes got one. Hes instanting in front of it. Hes standing in front of it. Hes going to show it to us. Ive got a regular, ordinary fa 150, and i lo the thing. Show love the thing. Show me the hybrid. Yeah, its been redesigned for 2021, but the hybrids the big news. They call it a the power boost, it gets 24 miles per gallon combined, but best of all, the gas its the most powerful model. 430 horsepower. Thats muscle car power. Ill tell you, on the road this thing feels fast. But its also powerful when its not moving because it comes with a built hundred generator, 2. 4 kilowatts of power. This ones got the updecaded 7. 2 upgraded 7. 2 kilowatt generator. This is a challenge, but ill show you what im talking about. Its also good if youre tailgating or camping. You know what else . If you dont like sleeping in a tent, this has you covered there as well. The new max recline massaging seats that go all the way flat, turning the cabin into an aluminum cabin. You know, stuart, if you ask my friends at work, theyll tell me the thing im best at is sleeping on the job, so this is perfect for me. Stuart that is really something. Can you hear me . I can hear you. Stuart okay. The thing i like about my f150 is its such a comfortable ride. Its what we used to call in england an american glide ride. You hardly feel that youre going over a bump. Its real smooth. I take it that the hybrid is the same . Yeah. The entire lineups been upgraded. This thing rides very well. Starting price for the regular f150s is 31. To get the hybrid, youve got to get one of these big with fourdours, they start around 34 but, again, you get that extra power, fuel economy, best of both worlds. And ill tell you, ive really enjoyed driving this on the highway. And next year, stuart, theyre theyre going to have a new driver aide for this, handsoff driving. You get the system for it now, the softwares going to be upgraded, updated next year over the year. Stuart you know, with you lying down on reclining seats, thats a pretty good commercial for ford. They should pay you for that, gary. [laughter] not just reclining,s massaging too. Stuart okay, excuse me. I didnt know that. Ill look at it. Thanks very much, gary gastineau. All right, quick check of the big board. Where are we now . Were down 130 but were at 29,30. More varney after this. Just enough for the city. Some things are good to know. Like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. Something else thats good to know . If you have medicare and medicaid, you may be able to get more Healthcare Benefits through a humana Medicare Advantage plan. Call the number on your screen now and speak to a licensed humana sales agent to see if you qualify. Learn about plans that could give you more Healthcare Benefits than you have today. Depending on the plan you choose, you could have your doctor, hospital and Prescription Drug coverage in one convenient plan from humana, a company with nearly 60 years of experience in the healthcare industry. Youll have lots of doctors and specialists to choose from. And, if you have medicare and medicaid, a humana plan may give you other important benefits. 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Call today and well also send this free guide. Humana, a more human way to healthcare. Stuart you may ask what has our show been about today. I will show you. Put the front page, front cover the New York Post up there, please. This is a classic from the New York Post. No class dunce caps for clueless cuomo and mayor of new york city, bill de blasio. Theyre at war. New york is failing badly. It is not funny. That is what this is all about. Despair in new york at this moment, absolute despair. Terrible thing to see. Meanwhile, leave you with the market showing the dow down 120 points. Not that much Stock Price Movement so far today. Lets see what neils got. Sir, it is yours. Neil stuart, thank you very much for that. Were looking at new restrictions not only going on in new york and new york state, were up to 22 states that are really dialing things back. Well get into that. Getting the latest on astrazeneca. Very confident it could have a vaccine out. One really helps older and more Vulnerable People who get this covid19. That and word that Johnson Johnson is waiting on the runaway. So that would be four big biotech and Drug Companies right now that are ready to launch. How far that goes, anyones guess. Get the latest read from Jackie Deangelis following all of this
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