The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, above the 28,000 level. Market watcher keith fitz joins us now. Look, i have been doing this, covering american markets, for over 40 years now. You have been doing it for about 25, 30 years. You ever seen anything like this . A rally this long, this explosive . You ever seen this before . No, stuart, and it really hasnt existed. This is the single longest bull running market in recorded history. Its the most hated market in history. Weve got the most acerbic politics in history. Weve got slowing earnings but strong earnings. This is absolutely unprecedented and speaks to the power of capitalism. Im very excited to see it continue. Stuart you think its going to continue . In other words, we are off and running a bit more this morning. Is this the year end rally, the santa claus rally, this is it, were in it . Well, tell you what, i dont know that the santa claus rally exists anymore, but i see a lot of window dressing going on for 2020. I see Money Managers trying to price in aramco, trying to price in hong kong, trying to price in china. I think its good for another 1,000 points if the headlines stay calm. Stuart am i right in saying that politics has something to do with this . I dont think impeachment is going to happen. Hes not going to be removed from office. I see the democrats, all kinds of trouble getting behind a single nominee at their Convention Next year. I think all of that is a plus for the market. Politics is a plus for the market. What say you . Oh, i agree with that. I will even give it two thumbs up. I think this is a very bad move, its unlikely to happen. We have never seen a change in administration when unemployment is this low. Stuart stay there for a second. I have to deal with hong kong. It was another truly violent weekend of student protests over there. Susan, tell me all about it. Susan it capped off a violent week in the six months of protests. So ground zero in the battlegrounds have now shifted to university campuses, this being the Polytechnic University in hong kong. Over the weekend you saw molotov cocktails, makeshift javelins, bows and arrows, even threatsbyf Hong Kong Police. There was more tear gas and live Water Cannons but what was really frightening for a lot of residents is the fact they saw pla, the beijing army, on the streets of hong kong. They have had garrisons set up in hong kong since 1987. They are not supposed to come out on the streets of hong kong unless specifically asked by the hong kong government. They say they were just doing charity work which means clearing some of these roads, and they are allowed to do charitable activities without asking permission from the hong kong government. But theres a lot of concern that this is a tipping point, a crisis level, in hong kong. Its been six months. Violence is only getting worse. Youve had more threats of bullets being fired. In fact, two bullets were fired again over the weekend. Thankfully, no one was hurt. Stuart we hate to see this because we know the place really well. Lived there, worked there. Thanks, susan. Lets bring in christian whiton, former state department official. Look, this isnt getting any better in hong kong. Its clearly getting worse. How long do you think until we see chinese troops on the street in uniform carrying guns . What do you think . Well, i dont know if they are ever going to go quite that far because they can get what they want without doing that, which would cause a number of very serious political and economic implications. You know, you are already seeing the Hong Kong Police import mainland tactics, use a lot of violence. You saw basically them trap these students. There were times the students wanted to sort of just slide away and were stopped from doing so, and now forced into this standoff. Also, you have the police refusing to issue permits for peaceful protest in all but a very small number of instances, which sort of pushes things towards more violence. Stuart were looking now at live pictures from hong kong where it is just after 9 00 at night. Thats another fire. I dont know the exact location, but that is hong kong and a building has been set on fire right there. Now, my question really is i dont know whether it will be the Peoples Liberation army with the guns or Police Officers with the guns, but what do you think, are we on the verge of a truly violent crackdown . I think probably and that has huge implications with either the pending phase one trade deal that the president has said listen, if theres a violent crackdown its very hard for the United States going into Christmas Season to do a grip and grin with xi jinping. All the messaging from both sides is that phase one is still on track but, you know, some real questions when you see things like this going on in hong kong. Yeah, a lot of violence coming from the police. Stuart have you seen any signs, have you had any reports of this kind of unrest spreading across the border into what we used to call Mainland China . No, nothing from the mainland yet. But certainly, word is percolating across despite intense censorship in china, and you do have people, reports of younger people actually coming from the mainland into hong kong to participate at times. Very small numbers. But this is something where you look at the mainland and all of the sentiment is against these protesters but that could turn on a dime and mainlanders can start asking well, gee, maybe we should have democracy and some of these rights ourselves. Stuart im almost through with the time but give me one thing. Whats the end game here . If they want to stop the violence they need to have a dialogue on democracy, fulfilling the promises they made stuart do you think its likely . I think xi jinping isnt really that smart or strategic in a good way. I hope that he is frankly prevailed upon by cooler heads in beijing that want an offramp. They just have to take it. Stuart thank you very much indeed. Thats politics. Thats hong kong. Lets get back to your money. Yes, we are going to open ever so slightly higher on the dow, probably around the 28,000 level. Theres one stock which our colleague keith fitz wants to look at, google. Keith, come back in again, please. Google is an astonishing company, astonishing stock. Its at an alltime record high. They are going to get into all kinds of other businesses. Reminds me a lot of amazon. When do you think consumers are going to start to retreat from google . Do you think they ever will . Well, thats the thing i wonder about, because there are already reports, if somebody is going to be a google killer, its not the antitrust investigation or even a competitor. Its going to be consumers walking away because they fear google knows too much. That to me is the real risk. The reports of fguys doing that right now. Stuart i dont think many people really believe that all our personal information is private these days. So why should we withdraw from google just because, well, theyve got fitbit and might release it for some medical information . Its just not strong enough, is it . Well, it isnt, but then again, why are we impeaching a president over a phone call. Logic doesnt prevail in these kinds of circumstances. If you eat a doughnut in the morning your insurance premiums go up in the afternoon. Thats the world we will live in in ten years. I dont know the answer to how we get there but i think we are going to get there. Consumer privacy is going to have a resurgence. Stuart okay. If you own google, would you sell it . If you dont own google, would you buy it . I would not sell it if i owned google and yes, i would buy it if i did own google. For all the things you pointed out, theres eight to ten businesses involved. They havent even been valued yet. This is one of those Great Companies that 50 years from now, if you dont own it, you will wonder why the heck not. Stuart okay. We will take it. Keith, thanks for joining us this morning. Big deal. We appreciate it. Thank you, sir. Check futures again. We have turned slightly lower. Certainly on the dow, maybe down, what, three points, Something Like that. S p, nasdaq, ever so slightly lower for the opening this morning. There you go. Slightly lower. There you go. Lyft ending its Scooter Sharing Service in six cities. I thought these electric scooters were all the rage. We will tell you why they are rolling some of them back. We love success on this program. Weve got a Success Story for you today. Retired special forces veteran Master Sergeant scott neal was one of the green berets who went to afghanistan to take down the taliban after 9 11. He was one of the guys on horses in afghanistan. Since then, he started a Bourbon Company and we will bring it to you. New Research Suggests stents and bypass surgeries are no more effective than intensive drug treatment for heart disease. So why are there so many of those surgeries . I will ask dr. Marc siegel. Hes with us next. Most people think of verizon as a reliable phone company. woman but to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. Virtualize their operations. woman and build ai customer experiences. We also keep them ready for the next big opportunity. Like 5g. Almost all the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. Im a regular in my neighborhood. Im a regular at my local coffee shop and my local barber shop. When you shop small you help support your community from after School Programs to the arts so become a regular, more regularly. Because for every dollar you spend at a Small Business, an average of 67 cents stays in the community. Join me and American Express on Small Business saturday, november 30th, and see how shopping small adds up. Nationwide hso you can plan for your futfor retirement and save for college. Oh, that explains this. The nationwide dome. Stateoftheart venue. 80yard screen. Fantasy sports lounge. Climate controlled seats. Sushi bar. Club level pool. Really . Lastly. Retractable roof. Whoa. Are you kidding me . Peytonville showed no mercy. Go peytons. pop kind of lackluster. Eh, still working out some kinks. Who they playing . The brads. Worst team in the league. Of course. Stuart the stock price of Ford Motor Company is back at 9 a share. It just revealed its all electric mustang. Its going to compete with tesla. Whether thats the reason for the stock getting to nine bucks a share, i dont know. Tesla, meanwhile, 352. Its going to invest 4. 4 billion in a new factory in berlin. Look at amazon. It is continuing its investment in mississippi. They are going to create and build a Second Fulfillment Center there. 500 new jobs, fulltime jobs, that is, starting at 15 an hour. Amazon in mississippi. Another headache for wework. Cutting thousands more jobs, maybe some of the people getting the pink slip tomorrow. Susan, this is a company in freefall. Susan just in time for thanksgiving, right . So sad for the holiday period. As many as 6,000 employees could be getting the pink slip. Wework was on the verge of collapse if they didnt get that 5 billion lifeline coming from softbank and the vision fund. How long does wework have, who knows. Right now they have losses of 150 growth from the previous quarter so they lost 4. 25 billion. 1,000 of the noncore businesses. Did you know they own a private school in manhattan as part of their noncore businesses . And a thousand contractors part of the maintenance staff as well. Stuart theres got to be significant anger at adam neumann. Theres got to be. He walked away with a billion dollars or more. People get laid off right before thanksgiving, losing everything. Come on. Susan should they blame adam or the enablers such as venture capitalist funds that were giving him all this free money without stuart they should have checked him more strongly, absolutely. Susan, thank you. Moving on. New Research Says stents and coronary artery bypass surgery offer no advantage over drug treatment in the treatment of heart disease. I need some explaining here. Dr. Marc siegel is with us. Im trying to read through the lines here. Could this be defensive medicine . You operate just to make sure, to avoid the lawsuit later . Thats why you put in the stent . Not necessarily the lawsuit. Yes, the lawsuit but also we always think well, we dont want to leave a stone unturned. Theres something that helps our patients survive longer or decreases their risk of a heart attack, we want to do it. But the problem is that we are talking about stable patients here. We are not talking about patients that are in the verge of having a heart attack. Let me clear that off the table. If you are heading for the emergency room and we think you have a heart attack, the best thing we can do is put in a stent. That we know. This is for people who are Walking Around with angina and theres 17 Million People in this country with blockages. What do you do . Do you treat them with cholesterol lowering drugs, aspirin, Blood Pressure medicines . Do you encourage them to exercise . Or do you rush them to the cardiac cath lab and put in a stent . Tell you one secret. When someone is on that table and a cardiologist sees a blockage, they usually try to open it. So the decision needs to be made beforehand. Do i get really aggressive or do i go with medication. Well, dr. Judith hochman is the lead author of this study the nih spent almost 100 million on looking over three years and they discovered essentially no advantage in terms of survival or decreasing heart attacks if i put in that stent or operate on you versus treating you with medicine. Thats a huge idea, to decrease what you are calling defensive medicine. Exactly what you are talking about. I dont have to put in that expensive stent. I dont have to do that bypass. I may do just as well treating you with medicines. Stuart fascinating. It really is. Defensive medicine. And what happens in a defensive defending against the lawyers environment. Exactly right. No, no, youre right. We save money and treat the patients better if we dont rush for an unnecessary procedure. Stuart doctor, welcome back. Good to have you. Thank you, sir. Check futures again. Could be a really historic day. We closed above 28,000 last friday. We will open barely changed this morning. But we are in a remarkable stock market rally. Taylor swift lost control of her old master recordings and Elizabeth Warren is jumping to the defense of her defense. Weve got details on that in a moment. Private equity at stake here. Well explain. This is the age of expression. But shouldnt somebody be listening . So. Lets talk. Were built for hearing whats important to you, one to one. Edward jones. Its time for investing to feel individual. You may have gingivitis. When you brush, and the clock could be ticking towards bad breath, receding gums, and possibly. Tooth loss. Help turn back the clock on gingivitis with parodontax. Leave bleeding gums behind. Parodontax. Theres a company thats talked than me jd power. People 448,134 to be exact. They answered 410 questions in 8 categories about vehicle quality. And when they were done, chevy earned more j. D. 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Plus 0 interest for 24 months on all smart beds. Ends saturday Stuart Taylor swift lost control of her old master recordings and now, the far left is using what happened to her to demonize private equity. Grady trimble takes us through it. Go ahead, grady. Reporter so taylor swift mentioned last week in her tweet about her contract dispute that the private equity, the Carlyle Group, is involved. That group put up money so scooter brauns company could buy swifts old record label. She says she cant perform some of her old s