Transcripts For FBC Varney 20240627

The cnn president ial debate is tonight, 12 hours to go. Ground rules, here they are. Two commercial breaks. No contact between candidate and and staff. Biden on the right, trump on the left. Mics muted outside speaking time, that is, no notes, no props, no crowd. There you have it. Thats what youre going to be seeing. A new poll shows more than half of americans think this faceoff is extremely or very important. More than half. 16 may change their vote depending on what they see tonight. Over 100 million may tune in. May i offer my opinion in its trumps to lose. Lets get to the markets which could be affected by whats said tonight. The analysts were disappointed that micron didnt come out with quite the blockbuster report they wanted. The stocks down sharply, looking at a 4. 5 loss. That is affecting the rest of the tech sector. Look at the market overall for a second. The dow industrials, this is premarket, showing some red ink, down 74. The nasdaq down just so 10 points. Interest rates keep edging higher. Look at the 10year now at 4. 30. And the 2year is at 4. 75 or thereabouts, 4. 73 right now. Bitcoin, not much change, 61,200. Oil, 81 a barrel, 81. 61. Regular gas up one cent reaching 3. 50 per gone. Thats nationwide. Diesel, no change, 3. 81. All right, politics. Yes, its debate day. Some very interesting polls. The Washington Post says voters or in six swing states believe trump is best handling the threats to democracy. Thats okay, 33 to okay. Thats a different poll. Thats a blow to biden. Hes basing much of his campaign on saying trump is a threat to to democracy. All right, heres another blow. Political analyst nate silver gives trump a 66 chance of winning the election. He says it is no longer a tossup. On the show today, the migrant terror threat, the tata week standisis connection. Trumps Vice President ial pick, hes toying with us. You will hear from senator tim scott and his fiance, mindy knoss. It is thursday, june 27th, 2024, Varney Company is about to begin. Yall ready for this . Stuart get ready for this. Okay, now you know what were talking about today. The president ial debate. Tonight trump and biden faceoff, its the First Time Since 2020. All right, Lawrence Jones is at ruth anns restaurant in columbus, georgia. Lawrence, ive been watching you all morning, and im watching what the people are saying. Those people there in that restaurant, they really like tim scott for Vice President , dont they . The people of georgia, first, great people, theyre just fired up. They do like tim scott. You know, its interesting because weve been doing this series. Yesterday with i did j. D. Vance, ainsley did tim scott. Brian is set to go with with burgum if the former president doesnt announce his pick and then, of course, steve was supposed to be marco rubio, but he declined our request. But when i asked the folks in georgia about who they wanted to be Vice President , a lot of applause for tim scott. Stuart whats the top issue amongst those people in that restaurant . Is it immigration or inflation . You know, yeah well, its interesting because when you talk to some of the people here, they say the economy. The second issue is definitely immigration. There are so many people in georgia that are ticked off about the border. I mean, when you see innocent young americans, especially in my home state of texas where a 12yearold was raped brutally and then murdered by two guys, and then one of them said, oh, i told the other guy to stop, okay . So were dealing with people that are criminal, were criminals in their own country. Remember, people said with donald trump they said he was make it up when he said venezuela was emptying their prisons. We know that to be true now, because theyre coming here to commit crimes. Stuart got it. Lawrence, good man, see you again later. [laughter] thanks very much. President biden has repeatedly called donald trump a threat to democracy. Watch this. The defeated former president has made no secret of his attack on our democracy. He said he wants to be a dick today for to have on day one. What, in your view, constitutes the primary threat to freedom and democracy at home . Donald trump. Donald trump uses phrases like hes going to be a dictator on day one. Donald trump and the maga republicans. And that is a threat to this country. Hes willing to sacrifice our democracy. Stuart however, a new poll finds voters in key swing states actually trust the trump more than biden to handle threats to democracy. Mary katharine ham joins me now. Is there really a threat to americas democracy . And if there is, is it from trump or biden . If. Well, look, this is the problem for them, that many people view this many different ways, right . When youre talking about the left are, they view the threats as trump and his unor the docks way of governor unorthodox way of governing. When you talk about rightleaning, you look at the way joe biden is saying explicitly look how ive ignored the courts by forgiving everybodys college debt or look at the ways im proud weve strongarmed the judicial system and gone after our opponent, and that seems like a threat to democracy to us, right . But i think the larger issue is threat to democracy is a rather abstract idea, and people are dealing with inflation, they are dealing with economy concerns, they are dealing with crime in their cities to some extent that is increasing in various places. They look at joe biden and they go, or hey, you promised us a steady hand on the wheel. Independent voters broke his way for that reason. Okay, were going to go out of the chaos and into this. And then they look around at the economy, at his policies, they look around at riots in Lafayette Park right across9 from the white house on behalf of hamas, and they go, uh, is this what i ordered . I do not think it is. So i think trumps challenge tonight is to appear to be the steadier hand on the wheel. I know hes, hes bombastic, he can be unpredictable, but i think a temp rate performance would do him well tonight because if he needs to look like the option that people can turn to when theyve decided that biden is not giving them the steady hand on the wheel. In fact if, hes giving them chaos with. [laughter] stuart got it. Mary katherine, election guru nate silver just released his highly anticipated forecasting model for the election. Not the debate, the election. He says trump has a 66 chance of winning. Its no longer a tossup, says nate silver. Do you think the election might be decided tonight, march key rath Mary Katherine in. I think its a very big deal. The news cycle moves so fast, a week from now we might not think its a big deal. But the risk for a catastrophic glitch for a candidate like biden is pretty high, higher than weve seen for most candidates in the past, and if Something Like that happened, it could make a huge difference, and democrats would get really panicked about the fact that hes on top of the ticket. The New York Times sienna poll has 68 of voters thinking hes too old. The flip side, if he does well for 30 minutes, everybody will be like, oh, look at this success. I think thats a challenge for trump as well. The expectations are, rightly, quite low for joe biden. Stuart set the bar low, and if he jumps over it, hes in. At least its a success, put it like that. Mary katharine ham, see you again soon. Tonight, the fox news democratic 2024 special, the cnn president ial debate simulcast on fox. Please watch on fox. If. All right, lets turn to the markets and and check futures. This is debate day, the morning of. Down 90 on the dow, down about 11 on the nasdaq. Adam johnson with with me this morning. Sir. Stuart are stocks overextended . Theyre getting there. And im saying that as someone who is fully invested, so im keenly aware. I tell you why i say this, the s p 500 is trading at 21 times earnings. For context, typically 1720 is kind of where you want to see a bull market, so 21 its pushing up. And yet if you look back at the tops from 2008 back in 2000, the s p went up to 2830 times. That thats bubble territory. Were nowhere near there, again, were at 21. But do i think were overextended . Thats why i say were getting there. Were on the upper edge of where you like to see the range. Stuart what do you make of the betting odds which i do follow occasionally which show trump a 51 to biden 35, favoring trump for the election . Yeah. Very different from the polls, right . Stuart yeah, theyre close. I think that reflects the electoral college, and i say that because if you consider the fact that mr. Trump is winning in all seven of the battleground states, then all those electoral votes go to him. And, actually, if you go to the real clear politics map, what you would find is mr. Trump, were the election held today, would be at 323 and mr. Biden would be at about 220. You need 2700 to win. That would be a landslide for many trump. And yet the popular vote tells a different story. Stuart what about the misery index . I remember that from 40 years ago. Yeah, right. So the misery index basically adds the inflation rate, right now 3. 3, with the unemployment rate, right now 4. So 3. 3 plus 4, 7. 3. That is exactly the Tipping Point historically since world war ii when the misery index has been 73 or higher, the in can 7. 3 or higher, the incumbent loses. Stuart really . Yes. Just like Everything Else in this election, its right at knifes edge. Stuart youre with me for the hour. Okay. Stuart an urgent new warning if you use the selfcheckout line at the supermarket, thieves have a new scam that goes completely unnoseed. Unnoticed. A judge is blaming donald trump, a judge blaming trump for the killing of a 12yearold girl in texas. Youve got to watch this. Roll it. It hurts even more that theyre being used as pawns in this fight over immigration that doesnt even exist because biden and mcconnell agree its just that trump wont let em move it forward. Stuart what . That is a judge on the bench being highly political. Congressman Tony Gonzalez is going to respond to it. The Biden Campaign wrapping up attacks on trump. Theyre calling him a convicted felon. Is that going to work for biden tonight . Andrew cherkasky takes it on after this. [thunder rumbles] the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. It still does. What can you do with spy . [thunder rumbles] traffic noises the road to opportunity. Is often the road overlooked. At enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. Because we believe the more ways we all have to move forward. The further well all go. Things will go wrong for your customers. But your business can make it right, with watsonx assistant. Ai that can help resolve problems by understanding your customer requests with 90 percent accuracy. Lets create Customer Service in service of customers, with watsonx assistant. Ibm. Lets create. wife saving for retirement was tough enough. husband and navigating markets can be challenging at times. Fisher Investments i understand. Thats why at Fisher Investments, we keep a disciplined approach with your portfolio, helping you through the markets ups and downs. husband what about communication . Fisher Investments we check in regularly to keep you informed. wife which means youll help us stay on track . Fisher Investments yes. As a fiduciary, we always put your interests first. Because we do better when you do better. At Fisher Investments, were clearly different. So, what are you thinking . Im thinking. speaking to self about our honeymoon. What about africa . Safari . Hot air balloon ride . Swim with elephants . Wait, can we afford a safari . Great question. Like everything, it takes a little planning. Or, put the money towards a downpayment. On a ranch. In montana. With horses lets take a look at those scenarios. J. P. Morgan Wealth Management has advisors in chase branches and tools, like wealth plan to keep you on track. When youre planning for it all. The answer is j. P. Morgan Wealth Management. Stuart its the fist time in four years that donald trump and President Biden will face off. Jacqui heinrich outside the white house for us. Just take us through the day, will you . Reporter sure is. Well, stuart, according to a new quinnipiac poll or, 73 of voter, a majority, say theyre going to be watching this debate tonight, and 16 city theyre open to changing say theyre open to changing their choice for president based on how it goes. Former President Trump say he got good reviews last cycle when he had a more temper rate rapport, is so President Biden has been trying to find ways to get him ang i and throw it out. The dnc has put up billboards welcoming trump back to the peach state as a convicted front. The Biden Campaigns been trying to figure out what gets under his skin, drafting jabs for biden related the january 6th and bidens 2020 excuse me, trumps 2020 election laws. But bidens also is trying to appear as the adult in the room. Is so tonight he might also need to mind his own temper. Radical left you shut up, man . [inaudible conversations] no, no, we have ended the segment, were going to move on to the second segment. That was really a productive segment, wasnt it . [laughter] keep yapping, man. Reporter trump has has shunned formal a debate preps, opting for policy talks and the campaign trail. He called into a black business leads round table and predicted the moderators tonight will help his opponent. Yeah, probably, but it would be great news cnn has had a lot of ratings problems. In terms of its credibility. If. Reporter Trumps Campaign said they expect biden to benefit from his weeklong study session and 50 years in politic, but they also suggested he might get some help from performanceenhancing drugs, an accusation team bind sees as a vulnerable. They like to complain about debates, sometimes they skip out. The president will be there tonight, we still assume donald trump will be there as well. The fact of the matter is they play these games because they know on the issues that matter most to the American People, donald trump is a loser, right . Reporter biden heads to atlanta around noon today, and when we see him, itll be the First Time Since the 20th, stuart. Stuart some time has passed, i think. Thank you very much, indeed. Andrew cherkasky is with us, joining us now, a former federal prosecutor. Judge merchan has partially lifted the gag order against trump in the criminal trial. Should trump talk about the trial tonight now that hes free to . Well, lifting that gag order is a day late and a dollar short. The gag order, interestingly, does not prevent or does not allow donald trump to talk about the judges daughter still, and thats one of the most troubling issues in this entire trial stuart really . He wait a minute, he cant talk about that . He cannot. Paragraphs do stuart thats outrageous. Were lifted which is the jurors and the witnesses, but the court staff and the prosecutors, that part of the gag order still not lifted. So so one of the biggest problems in this trail was the fairness of judge merchan and the connection he has to a daughter whos raising millions and millions of dollars for the Democratic Party and profiting off of this trial. He still cant talk about that. Stuart isnt that prohibited umped the statutes of how they govern trials in american courts . I think its a blatant violation of the First Amendment. Im so disappointed with the new york courts. Theres so much i could talk about with that, but the idea of the First Amendment being stripped from the frontrunning president , for the upcoming campaign, its outrageous. Stuart got it. Now, President Bidens team, theyve been referring to trump as a convicted felon. Frequently, a convicted felon, hammering him on that. Thats an aggressive attack. Do you think it works tonight . Well, you can call him a convicted felon, but youre going to have to define what he did that was wrong because, remember, donald trump paid his lawyer, put it in his books as a legal expense. Ive talked to so many business folks, they cant tell me what they would have booked that expense as otherwise. So if bidens going to attack on that, hes gown to have to be ready for trump to come back on him for all of the things which hes done for which hes an unconvicted felon, things like the untimely and reckless withdrawal from afghanistan, things like his own classified document mishandling. Hes going to have to answer potentially for his sons conduct that he has endorsed over all this time. Hes got a lot to answer for if hes to going to attack donald trump on criminality. Stuart its a mustsee tv event, isnt it . [laughter] theres no way around it. I might even stay up late to watch this thing. Check futures real fast. I see some red ink for the dow. Youre down about 800 sorry, 108 nasdaq down, red red ink. The Federal Reserve just released the results of its annual stress test for banks. How did they do, lauren . Lauren all 31, cleared. They can withstand a severe recession which assumes 10 unemployment and housing prices that a fall around 40 . They were able in those circumstances to maintain enough capital. One caveat, the results were fine, a little bit worse than last year because the banks are holding more credit card loans and debt. Stuart adam johnson, whats your feelings . They passed the stress test. So what . Of course they passed the stress test because they have twice as much capital set aside. So, yes, thats wonderful. Thats the lesson and the legacy of 2008, they passed the stress test, Everybody Knows it. Theyre well capitalized so onwards. Stuart got it. Well take it. Yeah. Stuart thanks very much, adam. All right. Lets check futures quickly. 114 down for the dow. The opening bell is next. Everybody dance now when youre in the military youre really close with your brothers and your sisters that are in the military with you. And when you get out of the military, you kind of lose that until you find a new family. We can talk about our struggles and the things that we did overseas and not everybody can do that. Adam hows it going, brother . We live pretty close to each other. So hes always coming over. When i go to jacks house, we watch a lot of football, hang out. We go outside the friendship has kind of grown into a family i was overseas on a deployment. I got separated from my marines and i got hit in the neck, and it broke my neck and paralyzed me. 14 years ago, i was on a training mission. Did a military freefall, and i had some faulty equipment. I hit the ground. Going, 30 to 40 knots and was instantly paralyzed. I met jack fanning when he invited us to park city, utah, through his foundation. I was able to actually get on the mountain and ski with my family, i cant put into words what that meant. I got paid in the military to do crazy fun stuff. And after my accident, im still that same guy. And when i was able to jump out of a perfectly good, helicopter, at 10,000 feet, i did it. I was talking to some vets last week amazing how we have these houses where they can come over because they■re in chairs too. Carpet and wheelchairs dont mix very well. Tunnel to towers, they got rid of all that. They redid my whole bathroom. Thats probably the favorite part of my house. I thought they were just going to do the upgrades. But the surprise to me was they paid off the entire mortgage. When they told me theyre going to pay off my mortgage, i cried. Please contribute 11 a month by visiting t2t. Org now stuart on the markets this morning, cows going to open dows going to open with a loss of about 1000 points. D10 100 points. D. R. Barton. Do you think this debate might make a difference the day after . I think it might be, stuart. I think it might solidify some things people out there are already thinking about either candidate, and they can vote their minds, consciences and hearts clearly after tonight. I think thats going to happen. We look looked back at the data all the a way back to nixonkennedy debates and looked at what happened one day, five day, ten days after. Youre right, not much difference after ten days, a little bit of a pop. But the day after, about a 58 chance the market being up. Stuart okay. Lets move on to your stock the picks starting with intel. Okay, you like em. If. Well, i do like them. And i hope adams not snickering next to you in the chair a, but heres why [laughter] all of that chip money thats flowing in, the support money for u. S. Chip makers, a lions share has gone to intel. I believe intel showed in the First Quarter a tiny sign of life for a. I. Networking in the future, for doing some really better work hand theyve been doing. And i than theyve been doing. And i think theyve been down for is so long that their baseline business in pcs is going to sustain them until they play a little bit of catchup with the help of some of our money on the a. E. Side. A. I. Side. Stuart now, there was a time not too long ago when you were on the show and you said you were waiting this was after the nvidia stock split. I said, i asked would you buy it, and you said, yeah, im waiting for the dip. Well, we got a dip. It was down 13 . Did you buy it . If. We did buy a little more. We add added to the position, stuart. We like nvidia long, long term. And i think dips are to be bought in that behemoth until somebody else can come in and challenge them at that highest end a. I. Application, hardware and support services data. Theres nobody else thats going to, thats going to challenge them in the near term. Stuart all right. D. R. Barton, thanks very much, indeed. We will see you again real soon. Adam johnson with me. Weve got, what, 90 seconds before the market opens, thats just time for you to tell us why you like Builders First Source. Oh, yeah. Its such a weird name except they are the first source for builders who are building homes and buildings. In fact, number one in the country. Absolutely wonderful company. Stuart, there is a housing shortage. Freddie mac says we are short by about 3. 1 million home, right . Because population growth, and the builders stopped building. We need to catch up as rates come down, that makes us can it more expense more reasonable to build. This is very good for Builders First Source trading at 111 time earnings, its cheap 111 times earnings. You own it. G, and o logistics. Wonderful company that was a spinout from xpo which is a big are truck operator that a lot of people know, follow and love. And gxo basically turns warehouses into robotic warehouses. And theyre in the news this week because they are now using a new robot. It looks like remember c3po from star star wars . Stuart i do. Its about a 5 feet high, and it can carry 55pound boxes, and it walks around the warehouse. Its a little weird, but it walks around the warehouse like a human, like c3po. Stuart they make these robots they make them, yep, and they are, by the way, growing 17 this year and trade at a 17 times. Thats historically cheap. Stuart gxo, we shall remember it and follow it. I own it as do my clients. Stuart the market has just opened and away we go. The dow opening with a very small loss, down 50 points. As you can see from the dow 30, its a fairly even split on the market. Theres not that much Price Movement if so far. The s p 500, how has that opened up . Slightly lower, a fraction, down 3 points, thats it. And the nasdaq composite, something similar, its up 3 points on a 17,80000 index. No change. Big tech, where are we . All of them on the upside is. Not by much, but theyre all in the green. Lets have a look at micron. Way down after they reported earnings yesterday. Theyre down 5 now. Lauren, whats the big problem . Lauren theyre not growing at the same rate as a nvidia, thats the problem. Thats a are red flag for some investors. So what micron does is they sell these really high bandwidth memory chips, and theyre sold out for all of this year, all of next year. But with their outlook for this quarter was largely in line with what the street wanted to see, and thatses disappointing. They wanted a much stronger forecast. Also the stock might have been a little bit extended coming into the report card. It was up 13 this month. Stuart 13 this month, yeah, due for a little profit taking you might say. Amazon, put it up on the screen. Yeah, its in the green. Its gaining. 8. Theyre planning to launch a new Discount Store. Thats big news to me. Lauren according to reports. Theyre a launching a Discount Store as a way for chinese sellers to ship their cheap stuff directly to the u. S. This is china policy because shein and temu, they get expedited clearance. They sell cheap. Stuff. It costs under 800, so it can blow past customs duties. Would amazon get that same treatment . One would assume. We dont know that. So theyre trying to do the shipping between 911 days. A lot of americans that use tem if u, for instance, have to wait forever. Can amazon do it in under two weeks . Thats the question. One more thing on amazon, Fifth Company to pass 2 trillion market value. The average a price target, its at 195 now, its 220. So theyve got room to grow. Stuart stuart they do, indisd. Have a look at nvidia, put it on the screen, please. 124 is the price. Their ceo is going to address the competition, or he has addressed it. Lauren yeah. It was the first annual shareholder meeting. Jensen huangs not worried about the competition, and he laid out strategy to maintain their dominant if position. Nvidia chips are available on every Cloud Service is, on every computer maker, and theyre looking for markets they might not have touched like industrial robotics. So different ways to grow. Stuart okay. Next one is uber. E own a thin sliver of this thing, and i know they just lost their appeal to the gig work law. Lauren yeah. Stuart the stock is actually up a fraction, but what does this no gig law mean . Lauren it that has to provide its drivers and delivery workers because it owns them Employment Rights in california. Problem is, those are really expensive. Studies show it can cost company up to 30 more than independent contractors. Uber is also, dont forget, a very green company. Theyre now giving 1,000 in credits if you can ditch your car for phi weeks this summer. Five weeks. Say no to the car, get the credits. Rent a car or take public transportation. Stuart i just cant believe, california is supposed to be the place of ongoing, new things. Along comes uber, and they clam lauren theyre disrupting the disruptive company. Stuart thats california, isnt it . Ill tell you whats going if on, californias trying to turn every gig job, working at a fast food restaurant, into a fulltime, legitimate career. No, these are gig job, for crying out loud. California, get out of the way. Stuart please. Next case is walgreens. Now, theyre down big today lauren wow. Stuart down 20 . Lauren off the top of my head, this is the worse drop worst drop in 27 years. I think youre right. Lauren this is awful. So what happened . They cut their fullyear forecast, and they said theyre closing store. They didnt say how many, but theyre focusing on a quarter of their locations. They have 8700 stores. Thats a big number. What did they just do . A few weeks ago a came out and said were cutting prices on 13 if 0 1300 different items because we know the consumer is under pressure. What does the consumer do . They buy it at the dollar store or at amazon. Com stuart if its locked up at walgreens, theyre all a locked up. You go to amazon. You dont go to walgreens, you go to amazon. Thats whats happening here. Lauren a year ago walgreens said shrink would reduce their profitability by 5000 million. I do not have an update, but they started this idea of a Concept Store with fewer aisles that house the stuff that was easy to sell to steal, rather. Stuart its come to that. All right, novo nordisk. Theyre going to limit the launch of their weight loss drug we geoff with i have in china wegovy. Why would they do that . Lauren lauren because theres a lot of obese people in china, literally, they have the Worlds Largest they wont be able to meet demand. And lets say they can give all of the people who want it in china a couple of doses. Can they keep fulfilling those doses and also the balancing act, right . What about supply for folks in other countries . A final point. There are theres generic competition in china bigtime for wegovy. Their patent expires in 2026 which is much sooner than in other countries. So maybe they want to get it out faster before the generics come online. Im not sure. Stuart will chinese consumers sent chinesemade weight loss drugs as opposed to the foreignmade novo lauren they have to pay out of pocket. Under no circumstances will Chinese Health Care Companies pay for this. Stuart i can see it coming. Levis, down 16 . Whats the lauren i dont get it. Denim is so in right now. Ill say all the things you dont know like denim skirts, especially long wings, cargo jeans. Levis have got all of it, i guess theyre just not popular. Revenue rose about 8 , but it was the miss. They even increased their dividend by 8, but the customers cautious, so says management, and theyre holding back stuart all the things i did not know, youre quite right lauren loosefitting denim skirts. [laughter] stuart bill maher says people are aggressive leftwing politics are turning voters to trump. Roll it. Everything is, like, you dont get it, mom. Thats old thinking. And im, like, dont get what . Abolish the police . Tear down statues of lincoln . Maybe give communism another shot . Its not that im old, its that your ideas are stupid. [laughter] stuart you know, for a liberal lauren i love him. Stuart he still makes a lot of sense, doesnt he . Joe conchas got a lot to say about bill ma maher. A violent venezuelan gang reportedly smuggling gang withs into migrant shelters, stuffing them inside food delivery vans. We have a report on that from new york city. Homeland security chief Alejandro Mayorkas just took a victory lap at the border. He touted a 40 drop in illegal migrant encounters. He did not mention the hundreds of gotaways crossing the border every day. Matt finn has the report after this. When the sawdust settles and the engine finally roars the thing you care about most is a job well done. But when you get your tools from Harbor Freight something about the job feels a little different your wallet. Because we believe no matter what youre working on you need high quality tools at a great price. And thats what were all about. Whatever you do, do it for less, at Harbor Freight. So tell me about your heart attack. Our heart attack was. Scary never want to go through that again. But we could. With heart disease, you never know. So we made changes. Green juice. Yeah, not a fan. Diet, exercise. Statins helped. But our ldlc bad cholesterol it was stuck stuck just couldnt lower it enough. And high ldlc meant a real risk of another attack. So i said, lets ask our doctor about repatha. What can i say . Listen to your heart. Repatha plus a statin dramatically lowers ldlc by 63 , and significantly drops the risk of having a heart attack. Do not take repatha if you are allergic to it. Repatha can cause serious allergic reactions. Signs include trouble breathing or swallowing or swelling of the face. Most common side effects include runny nose, sore throat, common cold symptoms, flu or flulike symptoms, back pain, high blood sugar, and redness, pain, or bruising at the injection site. We wont let another heart attack set us back. And neither should you. Listen to your heart. Lower your ldlc and your risk with repatha. Talk to your doctor. Ah, these bills are crazy. She has no idea shes sitting on a goldmine. Well she doesnt know that if she owns a Life Insurance policy of 100,000 or more she can sell all or part of it to coventry for cash. Even a term policy. Even a term policy . Even a term policy find out if youre sitting on a goldmine. Call Coventry Direct today at the number on your screen, or visit coventrydirect. Com. Stuart Alejandro Mayorkas took a victory lap at the border. He credited bidens executive orders for a 40 decrease in migrant encounters. Matt finn is at the border in arizona for us. What are Border Agents saying about that . Reporter well, stu, weve been talking to Border Agents this morning who are patrolling this wall behind us right now. Thats mexico on the opposite side. They say a lot of migrants do illegally climb over this wall. Were keeping our eyes on the lookout to. Yesterday dhs secretary mayorkas insisted its President Bidens executive orders that have led to that 40 plummet in illegal migrant encounters. We are imposing stricter consequences for those who cross the border without authorization. These actions are changing the calculus for those considering crossing our border. Reporter however, before mayorkas arrival here in arizona, a Border Patrol agent told us on the record that its just too early to tell whether President Bidens executive orders can be attributed to that decrease in illegal migrant encounters. For us, its just too soon to attribute the decrease to the executive order alone when before that the numbers had already been decreasing. So i just cant make that determination, its just too soon. Reporter now, legal migrant encounters have plummeted. However, the number of known gotaways, those are the people evading authorities, that still sits at about 475 a day. We got to shadow Border Patrol as they strategically try to track down those gotaways. Were in a hot spot for illegal crossing activity in nogales, arizona. This valley right now is being stationed by Border Patrol agents in cars. Theyre also using atvs and horses, binoculars, basically playing a game of cat and mouse trying to track down the runners. And just a staggering figure for you, u. S. Customs and Border Protection says it intercepted 2 million fentanyl pills here at the nogales legal point of entry this month alone. Back to you. Stuart 2 million, good lord. All right, matt, thank you very much, indeed. Thats a staggering number, indeed. Today in texas, Jocelyn Nungaray will be laid to rest. Two Illegal Migrants are accused of murdering the 12yearold and dumping her body. Now listen to a judge in texas blaming trump for her death. Watch this. It hurts even more that theyre being used as a pawns in this fight over immigration that doesnt even exist because biden and mcconnell agree, its just that trump wont let em move it forward. Arent you politicizing it . I think i answered, i think i answered the questions. Are you politicizing this . By pointing the finger at republicans and saying its their fault, not the fault of the Biden Administration that lifted the remain in mexico policies . Again, the Biden Administration reached an agreement with leader mcconnell to address this. But this is not about immigration. Im not going to feed into that. Stuart frankly, i find that incredible. A judge on the bench overtly political and taking sides. Congressman Tony Gonzalez is here. Do you agree with me . Thats outrageous. I agree with you and she should resign. Im tired of politicians blaming somebody else for the problems that are here, and we can debate on why theyre here or who got us here, but how do we just get out of here . How do we fix these problems and how do we stop having innocent americans killed . And, yes, were tragically hearing about the story of this young 12yearold girl that was murdered in the most horrific way, but what about all the stories we arent hearing, stu the . Stu . All the communities of people that are being abused and getting robbed and getting assaulted and all these other things . It is very clear that this open border has made americans less safe. Is so lets stop pointing fingers and using political talking points. How about we just solve the damn problem and make americans safe again . Stuart well, were not going to just solve it very quickly, thats for sure. Got to wait for the election if were really going to do some interesting stuff. Migrant crime, thats emerging as a huge issue in the debate tonight and in the election. Its almost the biggest issue. If. Absolutely, stu. And id say joe biden has already lost this debate before it even started because he has failed the American People on legal immigration. Legal immigration, people want to come in to work legally, thats good for our economy. Hes failed at that. And hes also failed at illegal immigration, people coming over and draining our resources and taking away if our communities is bad for our economies. He has already failed from day one, and he cant hide behind somebody elses policies. These are his policy for years now. So joe biden has already lost this debate before it started, and i think the American Public are going to see that firsthand tonight. Stuart how many people agree with the judge that we showed a moment ago, that its trumps fault . Id say thats the minority. The bulk of people in texas are furious. I mean, just ask these families. I mean, everybody, regardless of political affiliation, we are tired, were done with it all. Were tired of our kids being killed, were tired of being unsafe, were tired of our property being damaged, and were tired of our local resources going to people that arent even from from here. What about us . If what about our communities . So people are outraged. I cant believe she said that. Stuart we hear it. Republican congressman tony gonzales, that longs for joining us. Thank you, stu. Stuart bidens open border could be leaving us vulnerable a major terror attack. This is a ticking time bomb, and the terrorists know it. Thats my take, top of the hour. Farmers turning to a. I. For help with the shortage of human workers. We sent kelly saberi to a farm in kansas to see how this works. Kelly is next. She thinks my tractors sexy it really turns her on. Shes always stare ising at mm chugging along i wanna hold you forever hey little bear bear. Im gonna love you forever cmon, bear. You dont. You dont have to worry. Be by your side. Ill be there. With my arms wrapped around. Stuart farmers are turning to a. I. To help with a shortage of human workers. How about that . Kelly saberis at a farm in salina, kansas. Which jobs are they replacing with a. I. Some. Reporter stuart, thats a great question. I think the answer is really that its not a replacement for any jobs. Theres a lack of labor in the farming industry, we know between 2017 and 2022 that america lost 15 of its farms because of that labor shortage. I have ag co. Ceo here with us, and im able to have my hands off the wheel because usually nobody would be in here. Tell us what were doing today, what people are going to see. Yeah. This is our Fourth Annual field tech days, its essentially an opportunity to bring media and analysts, investors to the field and have them see what our latest innovations are to help farmers with tough problems. This is an autonomous green carter working with our combine. During harvest its a super intense time in highyielding corn. That combine will harvest enough grain to fill a semi every 10 minutes. So theres a lot of need for labor at that time. Farmers just cant find that a labor. So weve created an autonomous kit here to have all this happen without an operator in the cab. Its just one of our solutions to automate an entire cycle. We expect a full suite of solutions by 2030. Reporter wow. What are farmers telling you when you out here youre out here in these states that are a heavily dependent on farming . I know you talk to them day in and day out. Farmers are under a prosecut. They need to increase the amount of grain thats grown, we call that yield, but at the same time use fewer inpulses and be more inputs and be more sustainable. So were making our machines smarter and smarter, putting sensor ises on them that can measure the variation in the crop or the soil and then have the machine do onboard calculations to automate how its run, optimize how its performing. Thank you, eric. Stuart, very cool, the fact that we dont have our hands on the wheel. You see it here. Ill send it back to you. Stuart ill take it. Kelly, thanks very much, indeed. Adam i dont mean son, is there a concern across all a kinds of industries that a. I. Replaces humans . I dont think its a concern, i think its a relief, stuart. Stuart do you . Yeah. What if the pa machine does a better john job than i do . It should get the job, not me. And i thinks the way we need to approach this. Stuart wait, wait, if that goes on on a mass scale, youve got a human problem. Thats why so many people are worried, robot took my job with. Stuart could they replace you . Maybe. Stuart still sticking by a. I. . Well, you know, thats i get calls every okay, not every day, but i get calls at least once a week from firms that say, hey, ive got an a. I. Platform that might supplement your stock picking. And i take a look but, honestly, i like doing the work, and i trust myself better than i trust someone else or a machine. Where i will use a machine is something ive already been doing, and thats screening. Show me all the companies that are growing at least 15 , show me all the companies half low debt, right . If etc. You use a computer to narrow it down, then youve got to do the work yourself. Im okay with my job, but there are going to be jobs right . [laughter] stuart to im okay . Were out of time. Okay. Stuart tour thanks for being with us. Nice contribution to the show. Still ahead, Deroy Murdock on a proisrael group looking to unseat a second member of the squad. Brian kilmeade will tell us who he thinks will win tonight. Kevin oleary breaking down trump and bidens economic policies, and leo terrell, hell take on california governor Gavin Newsoms warnings about forces of darkness. Thats just ahead of the cnn president ial debate. The 10 00 hour is next. Am i ready, am i ready hi, im sally. Im from phoenix, arizona. Im a flight nurse on a helicopter. Ive been doing Flight Nursing for 24 years. I had a fear that i wouldnt be able to keep up. I wanted all the boost i could get i heard about prevagen from a friend. I read the Clinical Study on it and it had good reviews. Ive been taking prevagen now for five years and its really helped me stay sharp and present. Its really worked for me. Prevagen. At stores everywhere without a prescription. [thunder rumbles] the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. It still does. What can you do with spy . [thunder rumbles] we are living with afib. And over 400,000 of us have left blood thinners behind. For life. Weve cut our stroke risk and said goodbye to our bleeding worry. With the watchman implant. Watchman. Its one time, for a lifetime. So, what are you thinking . Im thinking. speaking to self about our honeymoon. What about africa . Safari . Hot air balloon ride . Swim with elephants . Wait, can we afford a safari . Great question. Like everything, it takes a little planning. Or, put the money towards a downpayment. On a ranch. In montana. With horses lets take a look at those scenarios. J. P. Morgan Wealth Management has advisors in chase branches and tools, like wealth plan to keep you on track. When youre planning for it all. The answer is j. P. Morgan Wealth Management