Selling nba products. A stark warning from beijing, stay out of chinas sovereignty. Keep your mouth shut. Theres action on the trade front. The u. S. Has blacklisted 28 companies which are accused of helping in the repression of uighur muslims in western china. The Foreign Ministry there is considering retaliation. High level talks resume in washington this week, now with a more threatening backdrop. Its another day when the market reacts to headlines. Investors clearly worried again about china trade. The white house is also looking at limiting chinese stocks in u. S. Government Pension Funds. Now, were looking at a significant drop at the opening bell. The dow is off about 170, s p down 17, big drop for the nasdaq, down about 40 to 50 points. Heres what we have. Free speech threatened, American Business threatened, china playing hardball defense as it faces challenges from all sides. Varney company is about to begin. Stuart china trade, deputy level talks start today ahead of the high level talks coming at the end of the week. Edward lawrence joins us now. Hes right there at the talks. Edward, let me refer to liu he. Hes not traveling as a special envoy. Is there meaning in that . Reporter that is actually very significant, because it means that yes, hes a representative of china in these trade talks but it means that he does not speak for president xi jinping and that means he cant make those decisions that need to be made at the level right there at the table. Hell have to take what the u. S. Has to offer back to china and then someone else in china will make the decision, maybe even the president himself. What will affect the mood here, you touched on it earlier, the 28 companies that the u. S. Put on the chinese or on the blacklist. One of them is the Worlds Largest supplier of surveillance equipment and the Chinese Government owns a 40 stake in that company. Nothing affects the mood than the bottom line here. It should be very interesting to see if these talks go forward thursday, friday is when the decision will be made. Back to you. Stuart Edward Lawrence right there, thank you, edward. Im staying on this china story because it is literally exploding as we speak. Asia watcher gordon chang with us now. Plain and simple, this is an impossible situation for american executives who do business in china. Exactly. China right now feels itself to be more powerful but also desperate, so its requiring companies not only to express obedience, but i think eventually, this is going to be soon, they are going to require companies to implement communist Party Policies not only in china, but also outside. We have seen that with cathay pacific, the airline. This nba saga is a warning to us. What the nba has said, especially in its chinese statement, is despicable, craven, all the rest of it but we cant expect any American Business to stand up to a communist superstate. I think we are going to have to start protecting our companies and probably the only way to do that is to get them out of china. Stuart thats a major step. Get them out of china . How do you get disney out of china . How do you get apple out of china . Trading with the enemy act or the emergency economic powers act. Stuart thats extreme. That is extreme. What china is doing is extreme and its actually, we are seeing this from month to month, its actions becoming much more aggressive against foreign companies. Obviously, this is unfortunate but were not driving this, stuart. We have a choice. The nba saga shows this. We have a choice. Take chinese money or maintain, in our country, a free marketplace of ideas. You can have one or the other. You cant have both. We are going to have to decide how much we are going to do to defend our democracy. Yes, it is a terrible choice to make but china is forcing it. Stuart i need your comment on this. Hong kong executive carrie lam, shes warning that the Chinese Military could step in if the uprising, i will use that word, the uprising worsens. Are we going to see chinas military on the streets in hong kong soon . We may already be seeing them there. There are Hong Kong Police officers who cant speak cantonese in the cantonese speaking city. So there are Chinese Police officers, Peoples Armed police or soldiers wearing Hong Kong Police uniforms. Its partly because the Hong Kong Police have not been able to manage the situation. But what shes really talking about is a formal introduction of p. A. P. Or p. L. A. Units in hong kong. I dont think thats going to happen. The reason is this is going to be a very difficult situation for the Chinese Military. Remember, every Apartment Building in hong kong is a fort for the defenders. This is defender territory. China is going to take very high casualties if it moves into hong kong in a forceful way. Stuart you are talking about urban warfare. Flat out warfare. We have pretty much close to that now. Not quite. But it is an uprising. Stuart i have to move on but youre the man on this. We appreciate you being here. Thank you. Lets look at the white house. Okay. This has come to us. The white house is pushing to limit chinese stocks and their inclusion in u. S. Pension funds. What more do we have . Susan this is a big deal. We might be on our way to capital controls and full investment in chinese stocks in the future. You know, according to new rules by mid 2020 it looks like the federal retirement thrift Investment Board says we need to include most of the stocks that mirrors whats in the all country index, including a lot of chinese firms and its effect, 50 billion in Retirement Assets of federal Government Agencies including the u. S. Armed forces. So what the u. S. Is speaking about, this is separate from the chinese u. S. Trade talks, is limiting the amount of money that goes into these specific companies, maybe those that violate human rights, for instance, what about those that include the 28 companies that have been blacklist ed. Stuart you were right at the very beginning. This is a Movement Towards controlling capital flows. Susan right. Stuart big deal indeed. Susan where is the money coming from. A lot of it comes from International Markets like the u. S. Stuart i want to bring in james freeman, wall street Journal Editorial Board guy, with this. It seems to me the one huge negative for stocks as of right now is china. Am i right . I think thats right. This concern about trade, i think its partly the Market Reaction is people may be expecting too much out of these negotiations. Recent reports that china is not willing to stop subsidizing their National Champion industries, theyre not going to get away from stateowned enterprises, theyre not going to get away from industrial planning, i think its unreasonable to expect in negotiation theyre going to say okay, we are going to stop being communists. But we dont need to demand those things to get a win. If we get some progress on intellectual property, ending the theft of our inventions over there, allowing u. S. Businesses to compete, i think thats a huge win. Stuart so the best we can expect, the best we can even hope for, is a very limited, some kind of limited shortterm deal and an agreement to keep on talking for the rest of the year. Thats the best youre going to get. And tariffs going away and those tariffs due next week and more in december, not happening. Thats also a win. Stuart thats the best you can you can even hope for . I dont think you can reasonably expect them to say were going to stop industrial planning until stuart james, hold on a second. I have to segue, professional word, segue, move on to another issue. Britains Prime Minister, boris, hes told Germanys Angela Merkel right now, a brexit deal is essentially impossible. Ashley yeah, we have had a lot of badtempered words exchanged this morning between britain and the eu. There was a call between Boris Johnson and german chancellor Angela Merkel this morning and basically, what we understand is that chancellor merkel said that theres going to be no deal unless Northern Ireland remains in a Customs Union with the eu and as a result of that statement, number ten said forget it, this is just nearly impossible. If thats your stand, Everything Else is immaterial, this is not going to happen. The president of the European Council got very upset, put out a very sharpworded tweet that basically said whats at stake is not winning a stupid blame game. As we get closer to the october 31st deadline its getting uglier. Stuart it sure is. Its heating up. Ashley it is indeed. Stuart back to james freeman, wall street journal guy. You think bidens involvement in the ukraine scandal or the Hunter Bidens involvement there and in china, does that mean the end of bidens campaign, do you think . I think if he doesnt come up with some kind of explanation, and i think the reasonable conclusion to this point is he doesnt have one yet, given that he had a chance in the Washington Post over the weekend to lay out his case in an oped, hes not defending these deals. Hes not explaining why they could possibly be legitimate even though they dont look that way. Stuart next tuesday night, the next debate, it will come up. I would expect it would come up. I would expect someone who is bouncing around in the single digit percentages in the polls is going to want to take some of that biden vote, is going to come after him. I also expect, now that Elizabeth Warren is up there, we will start getting questions about her and her past and her longtime claims of minority status. Stuart i might even watch that debate. James, thank you very much indeed. Wrap it all up, look at your money. Heres what we are going into the opening tuesday of the market. We will be down sharply, the dow, s p and nasdaq. Have a look at dominos, pizza guys. The stock is down 5 on a lackluster growth forecast and the Supreme Court says a lawsuit claiming that their website is not acceptable accessible to blind people. That lawsuit can proceed. We will deal with it. Look at this. National average for a gallon of gas, regular, across the country, 2. 64. What is it in california . Astonishing 4. 18 a gallon. We have gas buddy Patrick Dehaan coming up. Why on earth are californians paying so much . The Company Behind the wildly Popular Video game fortnite facing a lawsuit from parents who claim its as add t addictive as cocaine. Epic games, its maker, did nothing to warn parents about it. We have the story. Fbi issuing a warning about a rise in ransomware attacks, when a hacker freezes your computer and demands cash to unlock it. Where are the attacks coming from . Is there anything we can do to stop it . Tuesday morning, Varney Company rolling along. I knew about the tremors. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. Stuart this is tuesday morning. We are going to be down toeat t opening bell across the board. Take a look at beyond meat. Why dont you. Its Just Announced its expanding its partnership with carls jr. Beginning tomorrow. They are going to offer beyond barbecue cheeseburger. Beyond meat actually is down 50 cents at 144 a share. The fbi warning of a big increase to come on ransomware attacks. Our cyberguy is with us. First of all, ransomware, they lock up your computer, demand cash to unlock it. Got that. Where are these attacks coming from . Whos behind them . All over the globe, stuart. Good morning to you. The problem is they have now doubled in 2019, these attacks getting more and more sophisticated. According to a release from the fbi, which is very interesting that they came out with this proclamation. Dont pay these guys. Dont pay ransomware. Really . In the past they have said it might be reasonable to do so. Well, now they are saying the only way to really stop this problem is to for us all to be cohesive, get together and say all right, were not paying this any longer. How do you do that . Stuart thats somebodys Computer System is all tied up, cant do anything. Is there any way, other than not paying the ransom, nobody ever pays the ransom, other than that, is there any way to stop this . Yeah. They actually did come out with some very good advice for small and medium sized businesses. That is, disable macros so things in your email that let it launch other problems. Use viewing software for those attachments that you get that are concerning. Often thats where malware gets in your Computer System and creates this ransomware problem. Also, implement Software Restriction policies for all the employees to say hey, were not going to let you put all this junk on here that could invite this into our system and then the most important thing, back up, back up, back up but then make sure that that data is authentic and unplug it from the internet and from your network, and shove that puppy up on a shelf. Aside from that, very very expensive, Sophisticated Software is oftentimes out of the reach of most American Businesses. Unless you are a fortune 500 company or way north of that, north of a medium size business, you wont be able to afford that kind of protection. Stuart i will sum it up like this. What a mess. Thats it. Thats where we are. Thanks for joining us. Appreciate it. Back to your money. Yes, we will be down at the opening bell, down 180, 180 to 200 points off at the opening bell. Its all about china. A big legal blow to dominos. The Supreme Court cleared the way for a lawsuit filed by a blind man who claims the pizza chains website and app are not accessible to people with disabilities. Real bad news for dominos. This could affect every other business in this country. We will get into that, after this. Look, this isnt my first rodeo. And let me tell you something, i wouldnt be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. Its just a loan designed for older homeowners, and, its helped over a million americans. 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Learn how homeowners are strategically using a reverse Mortgage Loan to cover expenses, pay for healthcare, protect investments, and so much more. Look, reverse mortgages arent for everyone but i think ive been round long enough to know whats what. Im proud to be a part of aag, i trust em, i think you can too. Trust aag for the best reverse mortgage solutions. So you can. Retire better. Stuart its a down day. Look at the red arrows. When we open the market in a couple minutes time, the dow will be closes to 200 points and the nasdaq down more than 50. Now this. Look at the share price of dominos. Two reasons why its down. First of all, not a good forecast for the future. That hurts them. Plus, the Supreme Court has cleared the way for a lawsuit on the disabilities law against dominos. Ashley yeah, basically against its website and mobile app. This lawsuit was filed by a gentleman in los angeles three years ago. He says he was unable to order a pizza because dominos website lacked a Reading Software that he used on other sites. Now, as for their