Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. They claim it makes sending money around the world as easy as sending a photo. Its a Payment System with a potential base of 2. 5 billion people buying from 90 million businesses. Investors love it. The stock is up four bucks premarket. This is going to be a very big day in politics and money. Stocks are going straight up and moments from now, a visit from Gary Woodland, the brand new u. S. Open champion. What a show. Varney company is about to begin. Stuart look at stock futures. Yes, a very solid rally coming your way this tuesday morning. As we said, money is flowing into america as europe lowers Interest Rates, that is the rate of return, all over again and President Trump doesnt like that. He doesnt like what the europeans are doing with Interest Rates. He just tweeted about it. Mario dragi Just Announced more stimulus could come which immediately dropped the euro against the dollar making it unfairly easier for them to compete against the usa. They have been getting away with this for years, along with china and others. About time we brought in market watcher scott shellady. Am i right, trouble all over the place and negative Interest Rates mean money is just flowing in here, its pouring in, isnt it . Yeah, how could it not. The germans got to minus. 3, like you said, and its indicative of what theyve got going on as the troubles in europe. I will say this, just by cutting your Interest Rate to cheapen your currency, thats a cheap way out of your problems. You need to grow growth inside of your own economy and do it the right way because this is just a shortterm way of getting some inflation and what happens is the u. S. Will cut rates and you are back to where you started. It really doesnt last that long. You need to really worry about whats actually going on inside your own economy and prop those things up the right way. Stuart youre right. I just want to pound on this for a moment because the money really is pouring in. You see whats happening with the tenyear treasury. You see whats happening with our stock market. It seems to me we are offering a rate of return, real interest, but we are also offering safety. We are, you tell me whether im right or not, we are the safest place around, right . Yeah, we have always been the safest place around. Thats a given, number one. Number two, you know, stuart, with whats happening in the rest of the world, i can see our tenyear yield going to 1 and that could still be a great trade for everyone else who is at minus half percent. Think about it. We will continue to see our tenyear yield march lower unless weve got Something Else out there that happens and we suddenly get some new inflation from, this is going to continue to be the case for the next two years while trump is running for office. This is going to happen. 1. 5 is in the sights, maybe even 1. I think this rate could absolutely march lower because of whats happening with the rest of the world. Look, in germany, the only rate they dont have in the negative is the 30year. Everything else is negative. When that starts to happen everywhere else, thats going to slowly but surely drive our rates lower. Stuart fascinating. Stay there, i have more for you in just a moment. I want to get to the stock of the day, facebook. They are going to unveil a plan for this Digital Currency, i think its called the libra. Susan libra, thats right. Crypto craze is going mainstream. Libra will be introduced to 2. 7 billion facebook users across facebook, instagram and whatsapp in the year 2020. You will be able to use it on 27 Partner Companies including spotify, uber and paypal and visa as well. This is years in the making and the value of libra, this is interesting, unlike bitcoin, actually backed by actual dollars and euros, right. So for every dollar thats transferred and used of libra, its every dollar and euro that goes, that crosses transatlantic or goes around the world in these money transfers but this is about also facebook looking for a new revenue stream. You are going private on the social media sites, how else are you going to make money in the future if you dont have targeted ads. Dont forget, Facebook Says very clearly this is a profitable venture for us. We are here to make money. This is something very interesting to see next year. Stuart i think its interesting. I think its exciting. Looks to me like a flatout winner. Susan three questions. Ease of use, trust in facebook with more data and lots of Sensitive Data including your drivers license and passport numbers in order to use libra and also the companies that adopt the usage of libra in the future as well. 27 initial Partner Companies looking for 100 next year, maybe you will use spotify and libra in the future. Stuart you never know. I think its great. I think its very exciting. What does scott think of this . You have been listening. Good or bad . Facebook libra . I give them an a for effort but its in a bad stage. I would like to see the longevity of this coming out because i dont trust facebook. The data breaches and what theyve got as far as, you know, think about it. We are not the customer of facebook, right . The customer of facebook is everybody they sell our data to. So we are the product. The customers. So why would you want i just dont understand why you want to exacerbate that problem. I still think its in a bad stage. Lets see who signs up for it over the next couple years but right now, i dont trust them to be able to handle some of that. I think its all in an effort to get more money obviously because i think their core business is going to suffer because twitter, like facebook, are a little bit different than all the other ones. The social media websites have a policing problem and thats going to be another thing thats going to be a drain on revenues. Stuart investors disagree with you. Thank you, scott. All right. See you. Stuart all right. Lets get to pure politics. President trump kicks off his Reelection Campaign in orlando, florida tonight. Hes tweeting about already, he tweeted about immigration just last night. Watch this. Next week, i. C. E. Will begin the process of removing the millions of illegal aliens who have illicitly found their way into the United States. They will be removed as fast as they come in. Mexico using their strong immigration laws, doing a very good job of stopping people long before they get to our southern border. Guatemalas getting ready to sign a safe third agreement. The only ones who wont do anything are the democrats in congress. They must vote to get rid of the loopholes and fix asylum. If so border crisis will end quickly. Look whos here in new york city. The man with the smile. Charles hurd, Washington Times guy. It seems like right before he makes the big Campaign Speech tonight, hes coming out with a very hard line on immigration all over again. Well, it certainly is tough talk. But whats amazing about it is that it is tough talk in washington. All hes talking about is enforcing the laws. The laws have been on the books for a long time. Youre not allowed to be in the country illegally. If democrats have a problem with that, they should go and change the laws. I invite nancy pelosi, with the house of representatives tomorrow, could pass a law that says its perfectly legal to be in the United States stuart you know its very provocative to say i. C. E. Next week will start taking millions of them out. Of course it is. Thats why he got elected. I keep going back to the same thing. We are a nation of laws. We love immigration, we love immigrants but we are a nation of laws, and if you dont like the laws, change the laws. But you cant attack a guy for saying that he wants i. C. E. To do what they are legally prescribed to do. Stuart okay. How about this one. Aoc, alexandria ocasiocortez, she compares border facilities to concentration camps. Roll that tape. The United States is running concentration camps on our southern border, and that is exactly what they are. The fact that concentration camps are now an institutionalized practice in the home of the free is extraordinarily disturbing. Stuart you are laughing. Lot of people were not laughing. No, its incredibly offensive but whats funny about it is politicians probably shouldnt sit in front of a camera in their basement, in their parents basement or wherever shes sitting, and make big political treatisses like this. Its ridiculous. She looks ridiculous. And it is offensive. But you know, if politics is supposed to be about addition which it should be, this isnt even subtraction. This is division. This may work in her district and this may work in certain districts, but outside of that, you cant win a state in this country by talking nonsense like this. You cant win two states. I think its a real problem that the democrats are being sort of led around by a party that has become increasingly insular, increasingly fringy and supporting people like this. Stuart looks like she runs the party sometimes. It does. And we need a better Opposition Party than that. Stuart all right. Charles, thanks very much for being here. Always good to see you in new york. Thanks. Now check futures. Its a rally. We are looking at a gain of well over 100 points for the dow. Look at that nasdaq. Now, you could tell me theres going to be real strength in the Technology Stocks today, up 1 on the nasdaq premarket. How about walmart, unveiling a brand new unlimited grocery delivery subscription service. Okay. You pay 98 a year, you get unlimited grocery deliveries. Obvious obviously thats taking direct aim at amazon. Hong kong, lam made a rare public apology trying to keep protesters from hitting the streets again. Looks to me like xi jinping is very worried about whats going on there. He doesnt want the unrest to spread from mainland china. And weve got a big sports star for you. U. S. Open winner Gary Woodland. I want to know how he felt after sinking that 30foot putt seen around the world. He joins us in studio next. What a show. Varney company just getting started. Stuart let me run through this real fast about a special guest coming up. Saudi arabia cutting its oil output, wants other opec members to do the same. Look at that. An output cut and the price of oil is at 52 a barrel. No spike. Look at gas. 2. 67 is your national average, down 18 days in a row. I think going way down from here. Now, the guest. The special guest. Put him on camera. Gary woodland, there he is. Look at that. First of all, i want to show everyone that 30foot putt on the 18th green and i want your commentary over the top of it. There you go. Okay. I want to see the ball going in the hole. Have you got that for me . Oh, we dont have it. How did you feel when the putt went down . I knew i had three putts to win. I was just trying to get down there close but halfway there, looked like it couldnt miss. When it went in, i didnt know what to do because i had no shots left. I wasnt really nervous all day but i got nervous pretty quickly after it was over with, with everything that came with it. Stuart have you come down from the high yet . It really hasnt hit me until i woke up the next morning, the trophy was next to the bed. It wasnt a dream. This was real. Real life. Stuart would you tell us about that very special 19yearold fan who has followed you for years. Tell me about her, please. Amy and i had the pleasure to spend some time together in phoenix this year at the phoenix open. We played the 16th hole with thousands of people around. I was so nervous for her just to hit the shots. She got up there so confident, got it up and down out of the bunker for par. But her energy was contagious. Stuart the young lady has down syndrome. Correct. Yes. Like i said, i wanted to pick it out of the bunker for her and shes like no, i got this. I got this. I used a lot of that myself over the last couple months. It was pretty special. Stuart you wear flag shoes. You are a supporter of fallen honor. Patriotic guy. I am. We are so lucky to live in this country thats free. These men and women go sacrifice and give everything for us so i can play a game and live my life and enjoy my family. Its nice to be able to give back to them and support them. Stuart do you get pushback for that . Overt patriotism is not often looked well upon. Fortunately, its been well i have been well received with it. You know, if i get some pushback, it is what it is. Im still going to support the men and women who support me. Stuart you are a good man. I dont care what they say. Now then, we have gary player on the show very frequently. He works out like you wouldnt believe. Its unbelievable. Stuart thats how he stays in shape. Do you have a workout regimen . I work out to stay healthy. He makes me feel bad about myself. But hes an unbelievable guy. Obviously hes won a lot of major championships but his health and fitness, he transcended that and really changed the game. Stuart hours of practice every day. How many hours . Im always thinking so even if im not on the golf course, im mentally thinking, trying to get better at all times. I think its a work in progress all day long. Stuart is there ever a day goes by when you dont pick up a golf club and hit the ball . There might be a day but im still gripping it in my hands, im still visualizing that club in my hands. I chase my son around now and hes always got a club in his hands. Theres always a club around the house somewhere. Stuart how old were you when you started playing . I started when i was able to start walking. I was walking with my dad on the golf course. Stuart your dad put you through this . Yeah. He wasnt a big golfer but it was something we could just do and walk the course together. Thats what weve done. Stuart forgive me but this is a financial program. Im not going to ask you how much you earn or how much youre worth. It would be crass to do Something Like that. Instead i will ask you this. You won in california. Yeah. Stuart with very high taxes. But you live in florida. Yeah. Stuart how do you feel about paying at least half of all your winnings to the government . Yeah, its better to win those in florida, i can tell you that. But its still nice to win. I will take it anywhere. Florida wins are a little better. Stuart you live in florida. I do. Stuart for the taxes. Taxes are nice. Stuart and the weather. Golf courses everywhere. Stuart whats next . Im off this week which is nice. Stuart a week off . You slacker. I know. Unbelievable. My son turns 2 this week. I get a little bit there, and back to work next week. Stuart last one. Is it true you drank vodka out of this . I did. Stuart i knew it. Gary woodland, its a real honor and pleasure to have a patriot like you on this program. We really appreciate it. I appreciate it. Thank you guys. Stuart thank you very much. How do you follow that . Ashley its not easy. Stuart the dow is going to be up 150. The nasdaq is going to be up 82. What a day. Woodland, market rally. Its all on varney. Stay there. Well be right back. Hey im bill slowsky jr. , i live on my own now ive got xfinity, because i like to live life in the fast lane. Unlike my parents. You rambling about xfinity again . Youre so cute when you get excited. Anyways. Ive got their app right here, i can troubleshoot. I can schedule a time for them to call me back, its great you have our number programmed in . Ya i dont even know your phone anymore. Excuse me . what . I dont know your phone number. Aw well. He doesnt know our phone number you have our fax number, obviously. Todays xfinity service. Simple. Easy. Awesome. Ill pass. Stuart im still recovering from gary. What a guy. Hong kongs leader makes a televised apology to quell the political crisis over their extradition bill. More details, please. Susan might be too little, too late. Two million march in the streets, a third of hong kongs population. The chief executive, the one that is really taking the blame for introducing this extradition bill which would have shifted hong kongers and also expats to china to face trial, she says i offer my most sincere apology to all of the people of hong kong but after this, its interesting that president xi jinping of china, what does he do. This is basically the international doorstep to investing in china. Looks like hes backed off at least his hard line stance for now. Stuart hes scared to death of this kind of protest will move to beijing. Susan yes. Whats next, elections, right . Stuart got to get this in, too. 1,000 more troops deployed to the middle east. Whats this all about . Ashley yeah, after the u. S. Saw new images that they say shows Iranian Forces removing an unexploded device from the hull of one of those two tankers that was attacked. The reason they are doing this, they say, its being taken to ensure the safety and welfare of our military personnel working throughout the region and to protect our interests. Is it an escalation, 1,000 more troops . It certainly sends a message that we are watching you, we have seen these images and believe you have been behind these attacks. Stuart watch out. Ashley watch out. Stuart futures show a very nice gain. We are going to be up about 150 points. As i keep saying, money is pouring into america. Because of trouble overseas and safety here in america. Dows up about 150. The nasdaq, look at it go, 80 points higher, better than 1 . Back with wall street after this. Experience the style, craftsmanship and technology that have made the rx the leading luxury suv of all time. Lease the 2019 rx 350 for 399 month for 36 months. Experience amazing at your lexus dealer. The Doctors Office might mejust for a shot. O but why go back there when you can stay home with neulasta® onpro . 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