Transcripts For FBC Varney Company 20240712

They will go through the issues and this is television where tone, style, emotion are very important. My opinion, bidens job to survive 90 minutes, holding his focus to making sure there are no serious gaffes. The president will no doubt attack his style but not come across as a bully he doesnt want to stir up the sympathy vote. Heres another opinion, and absolute catastrophe the media will declare biden the winner. Lets get to the market, pretty much on hold maybe waiting for the debate the dow is down 11 points, the nasdaq 1026, 25, s p down near two. Not Much Movement, Speaker Pelosi has proposed a 2. 2 trillion dollars stimulus plan and the house may vote on it, a key point in Sticking Point contains 436 billion for state and local government, the republicans do not want that, and 25 billion for the airlines, 30000 airline furloughs on thursday if they do not get the money. Today is the day when Amy Coney Barrett goes to capitol hill and between nine republican senato senators, that is today, preparation for next month syrians. Six democrat senators including Chuck Schumer refused to meet with her adVice President ial candidate Kamala Harris says she has no plan one way or the other to meet her before the hearings. How about that. A big show, will tell you how the democrats have turned virus aid into tax money redistribution, Corey Lewandowski and senator arsenal blackbird on the Supreme Court coming ordeal. Varney company is about to begin. Stuart pump it up all right. All eyes on cleveland, ohio tonight, and a matter of hours trumped in biden finally face off at the first president ial debate, a record 84 Million People watched hillary and donald trump in the first debate 2016, i am pretty sure that record will be shattered tonight, you might see 100 Million Viewers, fox news anchor and moderator chris walsh included the virus, the economy, Race Relations and more, fox business will have special coverage starting eight eastern in the main event starts at nine, that is President Trump in joe biden for 90 minutes with no commercial breaks. No commercial breaks, to the market, what happens to stock prices right after president ial debates, since 1960 there has been a trend in stock prices. Lets get on with it, susan what is the trend. Susan the day after on average, five days after, ten days after even a month later, we did not have Television President ial debates until the 60 with kennedy versus nixon instituted this practice. You remember that very well. Remember the hot lights and no make up for the day after the s p 500 is slightly down. 3 the day after the first debate but taken out 30 days in a broader benchmark is down around 2 , 2008 and the financial crisis skewed the average and remember there were any debates during the Lyndon Johnson years up until 1972, wall Street Investors have largely viewed trump as more of his entered business friendly and biden were high corporate taxes and some argue might way in the short r run, the economy is considered the most under most important topic then biden he will punch harder on coronavirus according to the abc news poll, what do you think is over under on 100 Million Viewers across all platforms. Stuart slightly on the under. Ashley i will go over then. Stuart will meet again tomorrow morning if we get the numbers by then we probably will because people jump on the numbers. Market watcher mike murphy is with us. There is a poll and it shows only 3 of voters will decide who to vote for on the basis of tonights debate. Lets you and i talk about investors, they will pay very close attention to this debate, what do you think is going to happen. Good morning stuart, im with susan im over 100 million. But i think everybodys going to be watching this debate tonight but i dont know investors will be looking to make decisions on whether to buy or seo luncheon sell based on the debate. One thing i will watch closely is that President Trump can have a decided victory in the debate tonight. If he can and if we can start to get away from the thought of possibly a hung election or an election that does not have a clear winner, that would be negative for the market, if we can distance ourselves from that and if we can call a clear winner on this i think the market would take that as a big positive and despite pullback we got in the last month would be a race and i think a lot of money would come in. Stuart the mean express an opinion, despite what the big investment firms are saying i think most investors really want President Trump and not a present invited because most investors believe that a president biden, especially fils got a Democrat Senate would be a disaster for the economy, am i going overboard here . I dont think you are at all, if you are a Small Business owner, you want Less Government for the most part, you want what President Trump was able to do in his first four years in office before corona came, you want that type of environment because thats when you have low unemployment, wage increases, now youre paying home values increasing, you want a president who is going to be probusiness, not a president that is probig government, when you boil it down that is a career at your clearcut decision, trump is probusiness and biden is not. Stuart what really makes it win or lose is not so much win or lose on the issues, it is win or lose on your style, how you present yourself, does the audience want to see you on tv for the next four years every single day, it comes down to that doesnt it. It really does and thats where President Trump has his own style, some love it and some do not love it but one thing i would be telling the president and i know hes a big fan of yours, he does not want to come across as a bully tonight, i think on the merits when its man versus man on that stage, if youre a betting man its a pretty easy way your money will go on President Trump, he has a style in the substance in the track record to really beat biden in every single place where they can have a headtohead and if it comes down to coronavirus, i think that biden loses and loses terribly because President Trump can point to what he did to stop coronavirus from getting worse in this country. I think the main thing for President Trump would be not to come on too strong, beat him and beat him handily but not to come across as a bully. Stuart i put you down as a trump supporter, thank you very much will see you again soon. President trump has announced plans to distribute 150 million bit lab rapid covid test. That would be a 5dollar test with results in 15 minutes, real game changer would you say. I would say so, i think it is a game changer because it is so rapid, only 5 per test and theyre talking about sending out 100 million test right away, the accuracy is 97 if youre symptomatic or if you have virus in your nostrils. This is extremely accurate it will be helpful in schools in Nursing Homes because Nursing Homes as you know one person gets in the whole nursing home gets it, will be able to test everybody in Nursing Homes, this speaks to the whole idea of the innovation and biotechnology that we see coming out of the administration right now and we also to saliva test, sorrento, both have saliva test but have emergency use authorization were moving into the air of Rapid Testing and rapid results and if you have to wait days its no use whatsoever but were moving to where we can have the results right away, extremely accurate very cheap and hundreds of millions of doses. Stuart when you say result very quickly, what i want is an instant test, i want to be able to spit in and say yes or no, you have it or you dont have it, when do i get a test like that. I say this qualifies, i know how inpatient you are but this test is 15 minutes i think even you and you can wait 15 minutes for results, 18 days is ridiculous. Stuart thank you very much indeed, we will see you again soon. Kay schuler investigates the Housing Market prices they are out with the result. Susan yearoveryear it rose 3. 9 in july, thats pretty significant because that matches the fastest annual growth since december 2018, the secondhighest or the highest is the rising home prices with 4 and is still hovering near the record levels, i think thats very important especially as housing drives one fifth, 20 of the u. S. Economy, charlotte reported the highest yearoveryear increase in home prices. Stuart why am i not surprised all right thank you, look at the futures again, we are going down ever so slightly pretty much across the board, Tuesday Morning now this one, the democrats have found a way to redistribute your money, how do you do that you stay on lock down mode and you rake in the cash, i have evidence of that coming up for you. Less than 12 hours from the first president ial debate joe biden has called early lids stopping the action, dodging questions but tonight he cannot do that, Varney Company just Getting Started. keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo stuart flat to slightly lower is my judgment on the market before tonights first debate, no surprises and not that Much Movement so far. Ubs says by gold, 1800 bucks an ounce, down from 2000. Susan in insurance against uncertainty with election and a covid second wave, gold prices shot through record above 2000 andounce going back the last few weeks to 1800, ubs says the stick idea, a good entry point with Interest Rates expected to stay low at least for a while, gold is cheaper to own because youre not i missing out on higr Interest Rates. They say gold will get to twitty 100 an ounce next year, you might make 300 bucks. Stuart what is the etf gld, just etf gld. Ashley. Susan that is the gold s not if you want to own stock itself. Stuart i guess ill buy the little coins and bury them in the backyard. You cant win. Senate judicial chair Lindsey Graham will meet with am amy coy barrett, marshall enter Marsha Blackburn joints is now. Can you see anything that starts a vote in the confirmation of the judge before the election . There is nothing that stops the vote, we know that senator durbin has admitted as much as this weekend on tv of what theyre trying to do is delay and what theyre trying to do is reframe the argument and the treatment that they are giving judge barrett i think is incredibly inappropriate. They did this to Justice Kavanaugh and it looks like they want to get back to their old tricks. But to say we need to investigate these adoptions from haiti of the two children that they have adopted, i think that that is so unseemly. Stuart that is grossly unfair and it is a kavanaugh style tactic, i believe you meet with the judge on friday, is that correct . Yes, i do. Stuart any idea what you will say to her. I am going to look at some of her writings and opinions and i want to talk with her about her philosophy of the government and how the judiciary works and i appreciated being at the white house on saturday and hearing her remarks there and knowing that she sees the court as acting on policy, they apply the law, they do not make the law, what the American People want, what tennesseans want is judges who will apply the law. Stuart i would like to talk to you about china before we get into the conversation i want to show you what joe biden has been saying about china. Do you believe russia is an enemy. I believe russia is an opponent. I really do. To think china as an opponent. China is a serious competit competitor. Stuart he thinks china is a serious competitor, what do you say that. Joe biden needs to realize china has built and economic model on stealing our intellectual property and reverse engineering in many of our inventions, he has china has seriously damaged our nation economy, look at what they did to us with covid19, look at what they have done with pharmaceuticals that are contaminated because they have shift back into our country and look at how they have withheld active pharmaceutical ingredients that are necessary components and drugs, look at what theyre trying to do with huawei and how theyre trying to build a spy network, how they are using apps, by the way joe biden look at how they have banned every app, usmade app and they are throwing such a fit about tiktok, this is not a level Playing Field with china they do not wish us well, they are not trying to come into the community of nations, they want the community of nations to be subservient to them in joe biden needs to realize that things have changed, they have changed over the last 50 years. Stuart odds are it will come up tonight. Senator Marsha Blackburn, thank you for joining us on a busy day. Very much indeed. I have a story about microsoft. They got hit with a global outage, actually i got hit after programming and walking into my computer first thing this morning. Tell me what happened. Lauren i got hit as well last night, what happened they are in outlook email and their teams workplaces were shut for several hours started around 5 00 p. M. And lasted around four hours before microsoft was able to restore the service and people were trying to login and they could not and the reason was microsoft had an update which messed up their Cloud Services which is interesting the old days you say this is 5 00 oclock on, no big deal but no, so many people in the work from home environment are doing most of their work later at night, half of the chat volume happens after 5 00 p. M. , so this night outage affected so many people who are actually working. I did not think about because i mostly from 8 00 oclock at night until 12 00 oclock in the morning. I missed and i did not get it until i got to my office at four. Were gonna show you how the markets are going to open this morning, same story, flat to slightly lower and advanced to the first debate. We will be back. I wanted more from my copd medicine, thats why ive got the power of 1,2,3 medicines with trelegy. The only fdaapproved, oncedaily 3 in 1 copd treatment. With trelegy and the power of 1, 2, 3, im breathing better. Trelegy works 3 ways to open airways, keep them open, and reduce inflammation for 24 hours of better breathing. Trelegy wont replace a rescue inhaler for sudden breathing problems. Trelegy is not for asthma. Tell your doctor if you have a heart condition or high Blood Pressure before taking it. Do not take trelegy more than prescribed. Trelegy may increase your risk of thrush, pneumonia, and osteoporosis. Call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. Think your copd medicine is doing enough . Maybe you should think again. Ask your doctor about oncedaily trelegy. We know times are hard and were here for you. Find support at trelegy. Com. Stuart the markets are literally moments away from opening up, it looks like we are going to be slightly down, i want to bring this to your attention a professor is warning that the next few weeks will be rough for the market but the professor says, 2021 will be good for the market regardless of the election outcome. Ive got everybody with me, working to go around the horn, what you make of the market good in 2021 regardless of who wins the election. Ashley i disagree and i think most people would think donald trump better for the economy than joe biden no doubt but beyond that and lets be honest when a vaccine becomes widely available, Goldman Sachs believes that that will be at the end of the Second Quarter next year when it will be truly widely available, Consumer Spending we know accounts for 70 of the u. S. Economy, a vaccine is the one thing that is good confidence a good for the economy good for the market. That said the year of the big tech, historic low Interest Rates from the pursuit of growth, any growth and thats why weve seen the same big five tech giants if you like continue to benefit, with a vaccine available economically Sensitive Companies will make a comeback, theyre the most to lose on the way down in the most room to recover on the way up, maybe disney, airlines, cruise lines, hotels, that kind of thing. Stuart wharton says the market does 12021 regardless of the outcome what do you say. Lauren i think he is saying so many investors are sitting on the sidelines because this is too volatile and too uncertain and there sitting on the sidelines for months, 4. 4 trillion in cash sitting there with a investors not sure to get back in, you have sideways trading that could be what hes talking about and as actually mentioned, a vaccine that will be the focus no matter who is president , stimulus and rebuilding the economy that has been crushed by the environment. You can look at tech if both show a light hand which the industrials the most loved sector, they will do well if either candidate wins because infrastructure. Ditto for energy whether its green or fossil fuel, these are some of the sectors that could do well in the whole economy in the immediate aftermath of whoever wins. Stuart susan what you got. Susan lets look at the gold branded Goldman Sachs, j. P. Morgan, Goldman Sachs and Morgan Stanley lowering the Fourth Quarter gdp forecast over the past ten days and their concern over the lack of a second round of stimulus in a second wave of covid, that has been priced into the market for september and nearly a decade, i was reading the Credit Suisse analyst note what abiding victory might mean for the stock market, they recommend a hedge for the stockmarket january but if democrats win the white house, keep the house and maybe get the senate, all the spending will be good for value plays with the industrials of boeing, the caterpillars in rotation away from technology. Stuart you are wrong, biden wins and he takes, the market goes down in 2021, that is my honest opinion. The bell is ringing to, one, boom, 931 eastern time i dont expect that Much Movement out of the gate, we have opened we are down as expected just a tiny fraction up about 30 points on the dow industrial, plenty of red spread across the board, and 26 2425 in the dow 30 in the red as we speak. That is a fractional loss for the dow, the s p pretty much the same story at fractional loss, the s p is down and we will get there but its down a tiny fraction and i think the same is true for the nasdaq, down, theres s p virtually on check in the nasdaq composite, i will call that flat as well, down. 02 . We are getting headlines from the governor there. Susan a Voting Member which is important in calling on congress for mores fiscal stimulus and the risk to the u. S. Economy from the pandemic still remains despite the progress and he does not expect employment to return to prepandemic levels until 2023, that is a few years off but he does say the delinquency is down and we need a second stimulus plan and nancy pelosi came out with 2. 2 troy again and we see if itll get passage in the senate, the house is eager to vote on it. Stuart we got that. He says we need more stimulus, that is from president harker, that is not affected the market, we are down across the board. Lets go through sectors, big tech, alphabet and facebook, amazon, Apple Microsoft down, not Great Movement in any of those stocks. The virus vaccine makers always in the news, again most of him on the downside but not by much, the airlines, Speaker Pelosi new stimulus package includes 25 billion for the airlines, they have not got the money yet and thats a discussion about the new package, they are all down and down about 1 pretty much across the board, i want you to take a look at fedex and ups, both getting upgrades as we head into the online Holiday Shopping season. The upgrades come from Deutsche Bank in keybank but both ups and fedex are down ever so slightly in the early going this morning. The retailers, new report on them, it shows bankruptcies and store closures hit records in the first half of the year, no real surprises there after all we got hit with the virus in the first half of the year, lauren i will start with you, the retail situation is really looking pretty grim. Susan many of them struggling before the pandemic, what about the momandpop scum of the companies with the ppp loan, they cant afford the bankruptcy process so they will do everything they can fighting to the nail to stay alive but when the loans dried up in the winter comes, think restaurants, you cannot operate outdoors and with the lack of fiscal stimulus, what if they cannot adapt to the new reality, this number can get much, much higher. Ashley. Stuart were talking abot brickandmortar. Lauren we are talking about record bankruptcy, record closures of the First Six Months of this year and then you out on the retailers that are been filing from july to august and talking about the brooks brothers, ann taylor parent, that means we are looking at 22 and county and the number of retailers that have closed up shop surpassing the 48 back in 2010 after the Global Financial crisis. Stuart what you have on retailers. Ashley last month 424 companies have declared bankruptcy, thats acrosstheboard according to s p global and those include the wellknown brands that we talk about, j. Crew, jcpenney, Neiman Marcus and on and on, that will grow because as the economy slowly returns, social distancing and the reduced store capacity makes a proper recovery basically impossible but its not just retail and consumer driven Companies Getting hammered, the industrial and Energy Sectors together accounted for nearly 100 bankruptcies, you can throw in herds global, petroleum just a couple in some they rearm merge from vagrancy but many will not in the list is growing. Stuart were buying a different kind of thing, its been a long time ive seen a man walking down sixth avenue with the suit on. You do not see it this day, no wonder box brothers is gone. Fast food chains, they are rolling out specials, please tell me this is not about spiced pumpkin lattes is it. Lauren may be partially, that the new menu item that keeps it fresh, i think the fast food chain, starbucks, not really fastfood but you can get your item quick, mcdonalds and wendys are doing well compared to their peers because they have drive throughs, i discovered the drivethrough window became a mother, you dont have to take your kids out of the car is very easy, i think the whole world has discovered how useful the drivethrough is and that is why some of the names are doing better than others. I got that no mention of the banking jalapeno cheeseburger. Lauren its amazing, i will mention this, i wrote it down, the number eight at wendys, the pretzel bacon cheeseburger. Stuart you mean number eight on the menu list or order preferences. Lauren no on the menu list, i get the number eight, new item its really good. Stuart are producers figur we e crazy they want us to move on from the jalapeno burger. Lauren lets talk about mcdonalds, mcdonalds can really think the rap star travis for store traffic in september and grabbing market share because i know you love travis scott and know exactly who he is, they have been taking foot traffic away from jackinthebox and taco bell and according to research, mcdonalds traffic was only down 25 thats better than july and august thanks to travis scott. Stuart my idol, what a guy. Actually lets not leave you out of the fast food chain, what you got. Ashley ill take a number eight to go. Thank you very much. Starbucks up 17 for the quart quarter, let me just say this, i think its one of the companies benefiting from a pentup demand to get back to normal, we all remember those days, morning commuters almost zombie staggering into a starbucks on the way into work, that dynamic slowly returning we see traffic picking up steadily from july to august to september. Yes you cannot discount the Pumpkin Spice latte not only for the taste but a tiny piece of normalcy. Stuart normality. Ashley im gonna say normalcy because in my world thats a good word. Stuart Pumpkin Spice latte, one of these days i will try one. Joe biden is finally going to face President Trump during tonight highly anticipated debate, w will he stumble like u did during the democrat primary, you gotta remember this. If you agree with me go to joe 30330, play the radio, make sure the television excuse me, make sure you have the record player on a night. Stuart we may be getting a little cruel, is this why joe biden is calling early lids and stain hush in his basement. Maybe. Those gaffes are not just limited to joe biden, here is his running mate latest gaffe, robot tape. Yes she was part of our culture. Yes we wear those notorious bid tshirts with a lot of pride thats what my dad does. Good job, michael ok, lindsey now tell the class what your mommy does. My mom has super powers. 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Retire better stuart oil 39 per barrel edging lower, the price of gasoline edging lower, National Average is 2. 18, 1 cents down from yesterday, cheapest gas in mississippi, the average 1. 84, the highest price would be california where it is 3. 21 for a gallon of regular. I am going to show you tesla, what do they do this monday, the market is open, down 415, what is this about elon musk saying that Company Tesla is overvalu overvalued. Susan he said tesla stock is a bit high and doubling down on the statement in the podcast conversation listening to the hole for our and elon musk saying tesla may be overvalued at least for now but worth more in five years and disappointed with the coverage and we know the stock fell in the 24 hours and he was also asked who he would vote for on november 3 an interesting exchange, take a listen. Do you like him, are you voting for him . To be totally frank, lets just see how the debates go. Thats going to be your thing the debate. Is probably the thing that will decide things for america. Why is that. I went to see a bidens got it together. If he does. If he does he probably wins. Susan those are his answers. Stuart indecisive, which way. Susan i dont think he wants to put out there which his political leanings are, the fact that hes a capitalist in a Climate Change guy, i think he has conflicting interest. Stuart he says he wants his satellite service, hes gonna go public without. Susan star link is elon musks adventure to send it into space to provide highspeed Internet Access for areas hardtoreach and pretty much everywhere else in a tweet he says ipo star link but only several years into the future when Revenue Growth is smooth and predictable, star link is expected to bring in and make ten times more money than the spacex rocket business worth around 30 billion each year, star link in spacex was valued 42 billion in private around. Stuart he is the boring company, tesla electric car company, spacex, nero link, the brain with the computer and he has a satellite link, star link, all of that, he started all of those companies in the last 25 years. Susan some people say he might be the richest man on the planet one day. Stuart i dont care about riches, i think hes genius. Not just talk about or the visionary but do it. That is something else. He has the personality to match to. Stuart hats off to elon musk. I never used to say that but i do now. Electric vehicles, show me nikola down 18 bucks a share, down 4 , trevor milton, has more problems. Susan he was supposed to be the next elon musk in a troubling story affecting the stock down 4 to women including his cousin have come forward to accuse the billionaire electric truck founder of sexual abuse alleging improper groping and both women to the incidents took place when they were both 15, both allegations are from 20 and 15 years ago, miltons female cousin has made the accusations of social media the second accuser said she was abused when she was working as an assistant in a Security Company that milton was running at 2004 and three spokesperson he strongly denies these allegations and he calls false all legations and declined to address the specific details of the womans complaint, milton stepped down in the sec and the d. O. J. Reportedly looking into the false statements of demonstrations that the company may have provided. Stuart 18 a share for nikola, i remember when it was 60 or Something Like that, above 50 that is for sure. Susan i was trying to think what the introduction was. These are record low levels. Stuart lets get to apple, why not, down a fraction, 77 cents down, they are not great longterm as many people believe. A rare negative on apple, mark douglas is the guy who is with us making the accusation, ceo of steel house, apple not as good in the long term as most people believe. Make your case. It is pretty simple, apple passed growth has been Product Innovation which has not been a significant amount of, a th atc i aon cononnuon ton t amilk phehesctea aer a av eyear pyedu pctrodu tsyav lereedined sinedn t have havotat he t wl wndhandndhe t lynlys irossnd a eni ening thhhepphe s arendre ath oth oth rvicserv i tpptopp isre beg attdneg a nopoly epolyue epoue o tha thaha investigedig batedat fer f f. Orngogo. Hii tnkhahator flaothe s aleucecesseorssmu for,t at wneyp t o fmu flaormuhalaorst nb fan gcinndnn n ou touourocts ts t thay t u use as wl. W strtuart i i wou wvee ththe opopte wopn in c c coo ee aables, ive beeen seeingee a lot ot ot oe w oithit applepp wh and itans as aealt aide aid as lling llintremtry wtrell aell ay profitable i wouldve thought that the new product area which could be expanded which detracts from your longterm not so good argument. There is some perspective but the apple watch was introduced to 2014 and were now going into 2021. Their speaker the ipod which competes with the amazon echo is distant in the market, they just really havent had the innovation since it passed away and its a loss product that steve jobs had an influence in. What you see happening is a Company Becoming a Financial Company in rather than a great product company, they iterate on the product but is not the same innovation and its going to hurt them longterm. Stuart wait a second, before you leave us with the Financial Company, then 200 billion in cash and in all different areas, their milking Services Left right and center, i am out of time but i would not a thought that detracted from the profitability longterm. It contributes to profitability but not the formula that keeps them at the market either. The get elon musk, innovation, innovation, not happening at apple. Stuart you made your point and susan is not in agreement with that. Susan i disagree with low innovation at apple they are doing very well and wearables will be a bullet for the next quarter. Stuart i got somebody on my side. We will see you again soon. 35 days until the election of President Trump stays busy on the campaign trail, look at this, the jampacked schedule this week, he is all over the place in the next week, that is a fact, joe biden calling liz again, is this is Campaign Strategy to avoid moments like this from happening again. Im not over time he spoke over time and im going to talk. I know how you cut me off but im not going to be quiet anymore. Why am i stopping no one else stops. Stuart you cannot do that tonight, no stopping, no interrupting and no walking away. 90 minutes commercial free. We are going live to cleveland next. Are you frustrated with your weight and health . Its time for aerotrainer, a more effective total body fitness solution. announcer aerotrainers ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form. Aerotrainers unique design allows for over 20 exercises for a total body workout. Plus, you can easily transition from one exercise to the next. Want tighter abs and a stronger back to help relieve pain . Do the aerotrainer super crunch. The prestretch works your abs even harder, engaging the entire core. 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Aerotrainers unique design allows for over 20 exercises for a total body workout, all while maintaining safe, correct form. Now its your turn to lose weight, look great, and be healthy. Get off the floor and get on the aerotrainer. Go to aerotrainer. Com, thats aerotrainer. Com. Stuart all say it again 12 hours for cleveland debate protests expected to businesses boarding up. What is it looking like there. I tell you this, this particular venue where im outside of the actual debate stayed tall it is fairly sedate, we dont see any boardedup businesses, as i step out of the camera you can see the Security Apparatus in the preparation going on, yes and other parts of the city businesses are closed and boardedup because theyre greatly concerned about the possibility of protest in the area, right here it is about fencing and driving people through safe and secure portals, we heard from local and National Law Enforcement they are working in concert to keep not just the hall safe but the Community Safe as well. Stuart short sharp and to the point, thank you very much indeed. See you again soon, a big show included Brian Kilmeade, Corey Lewandowski, david bossie, all on top of the later part of the show. After my dvt blood clot. I wondered. Could another come around the corner . Or could it play out differently . I wanted to help protect myself. My doctor recommended eliquis. 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Well, see this handsome man, his name was william. And william fell in love with rose and they had a kid. His name was charles and charles met martha. Isnt she pretty . Yeah. Stuart coming up 10 00 oclock eastern 30 minutes into the trading session, you do not have that Much Movement on the market, i think thats because of the upcoming debate. Susan and the lack of stimulus between nancy pelosi and treasury secretary mnuchin abb will get agreement. Stuart a quick look at the tech names, the nasdaq is slightly higher, tech names all over the place, apple down, amazon down, facebook up a little bit a mixed bag. 10 00 oclock we just hit the mark, the latest read on Consumer Confidence, the number please. Susan 101. 8, this is for the month of september, what a rebound from august, august was the lowest in six years and the worst of the lockdown and the worst in march and april, we had a huge rebound for the month of september. So americans feeling happy, confident in business and Economic Conditions including the job market. Look at that september Consumer Confidence much stronger than we thought 101. 8. Stuart much stronger than we were expecting. And yet the market has moved a little bit lower, i see the dow down, the bottom righthand corner of your screen shows were down 50 so it slipped a little, now down 48 and other words a strong Consumer Confidence number no effect on the market. Now this. The democrats have found a way to redistribute your money, all you have to do is stay in lock down mode and rake in the cash, that is how you do it, this is not an opinion, this is a fact, the bureau of Economic Analysis has run the numbers and its a real eyeopener, heres the bottom line, democrat states got a lot more government money than republican states and they gotta because they were the state to impose the most restrictions, here is evidence, new jersey on annual basis, residents got 14033 boxing government cash, that is from emergency unemployment paid 1200 in medicaid and food stamp increases. New yorkers got 9030 and californians 8673, all democrat states, they all kept the lockdown going, what a contrast with the republican states, texas the residents got 6400, florida 5300, arizona 5326, think about this, our viewers and red states are getting the short end of the stick, you have gone back to work, you have opened up, your money is going to blue states where they have lockdown longer and governors are pleading and demanding more from even more of your money, what a shame the air force generosity is not doing much good, look at this, the Unemployment Rate in new york 12. 5 , california 11 , new jersey 10 , still in doubledigit, look at this the rate in florida have opened up 7 , texas 6. 8, arizona 5. 9, much, much lower Unemployment Rates. The politics of this are obvious, democrats are easy lockdown very slowly and reluctantly, they want more handouts of your money. The republicans are opening up, red states rapidly, they want jobs and they want paychecks, that is the state to play, the left has found a way to redistribute your money and they will still call you mean and greedy and they will never say thank you, the second hour of Varney Company is about to begin. Stuart lets show you the debate place where they will hold the debate, that is in cleveland, our special coverage of tonights debate starts at 8 00 p. M. Eastern on the Fox Business Network and the debate itself 9 00 oclock eastern moderated by fox news chris wallace. And here is the agenda, trump and bidens records, the Supreme Court, the virus, the economy, race and violence and the integrity of the election. Our next guest says biden should debate trump like he debated paul ryan in 2012, bill is saying that the wall street journal guy, how does it work out, how did joe biden do against paul ryan eight years ago . That is a good question, i say that in contrast to the great temptation to joe biden to out trump trump, the best thing he could do is leave in greek joe and i dont think it can out trump trump, when he was with joe biden he was a Vice President and even though i thought paul ryan had the better argument, joe biden one those debates and slightly condescending, numerous, he did not get angry, thats a way he should be with donald trump if he hopes to win but i am not sure again he can resist the temptation, a lot of times he looks angry and the videos and im not sure thats the way to go up against donald trump. Stuart it is television its not a. Media debate its tv, on your living room screen in your bedroom screen, wherever its on a screen, a motion, tone, style, use of language, although that counts, i think it counts more than the issues of the day, what do you say . I agree with that, i think thats why he defeated paul ryan and that debate, paul ryan has a better argument each time, but i think his manner, he was a sitting Vice President and able and had all this experience and able to be a little older, more condescending and dismissing him with smiles. He tried to run a campaign saying im the man to restore civility to politics and i think if he does that with the angry thing, first of all i think he risks getting foster, im not sure its good for him to be angry and second i think he hurts himself and exactly what youre saying the tone, you want to see 70 cool and confident not somebody trying to shout back. Stuart will you stay up late and watch the whole thing . Sim i think with everyone watching joe biden it is impolite to say but again if you look at that debate and if you look at joe biden and the debate with paul ryan and you look at him today, you definitely see a decline in his mental facility, the question is people will watch this the way they watch a guy walking a tight rope to see if he will fall down he did not fall down in the debate in the primary, he had a few gaffes but nothing catastrophic, the danger now he has been freezing the ball and not going out, they does make a big blunder its a lot harder to recover. Stuart that is for sure, thank you for joining us, i will not be staying up real late to watch the reruns at 3 00 oclock in the morning. Thank you lot will see you again soon. Im staying on the debate, scott joins us right now. Here is my view no matter what happens in this debate the media will turn around and say tomorrow morning joe biden one, that is a guarantee, do you think that affects the market. The market is nervous about the election. But i dont think its going to affected a ton, most people will watch the debate tonight like a car race, they dont care who wins they just want to watch iraq, unfortunately that will be the case, to bills point, the joe biden eight years ago was a formal opponent but he does not have the ability anymore and thats a problem. The consensus on wall street, this is not my consensus, i watched earlier and i agree, they are saying the trajectory of the economy is more important and tha efficacy of a vaccine is more important and the fed are always more important to wall street then who the winner is. I would say generally speaking in a normal election, theres no such thing as a great politician just some that arent as bad as others in a normal election, i would agree with that but this is totally different, this is a decision, capitalism against socialism and our markets have never had a socialist president and thats why i agree, this is historic, totally different joe biden getzen because weve never been under that regime were socialism rules the day. Stuart they want to predict the winner and not what the media says but what do you say. Of the debate . Stuart yes. I think itll be impossible for donald trump to win, its like a Football Team that is already projected to win by 50 points, if they only win by 30 and will be considered a loss, and biden is standing up into the debate he wins. Stuart one major gaffe, one major senior moment and thats a huge loss for joe biden. I agree with that. Stuart ill give you a call three clock in the morning. I will be out. We will see you soon. I want to talk about the big banks, this is important, goldman, ap morgan, Morgan Stanley all cutting the fourthquarter forecast for the strength of the economy, tell me more. Susan than low expectations for the debate, Morgan Stanley lowered the fourthquarter down to three and half percent and thats down to over 9 just a week ago and this is a downgrade from j. P. Morgan, last week jp m announced at 2. 5 in 2020, goldman expects economy to only grow 3 in the Fourth Quarter, why all three of them dont expect the second round of stimulus at least it does not look good in all three predicting 2 4 contraction, thats a drop in the economy for the entire year of 2020, we have nancy pelosi and the democrats with a 2. 2 trillion dollars stimulus bill on the table and she agreed to meet Steven Mnuchin later on today but there are very few hopes that they will get the deal through especially with the Supreme Court confirmation and that battle expected to take precedence in the senate and a lot of Political Capital and pretty far apart on the dollar amount since President Trump says he will only go up to one half trillion and democrats 2. 2 trillion in restaurants and airlines of the everyday Small Business. Stuart do you think there would be a market uptick if we got news. Susan absolutely thats why theyre holding their breath to see how the meeting goes in 80 indication if we will get a skinny bill. Stuart thank you susan, quick check of other markets. Whale down 39 a barrel and look at the price of gold, that is down to 1894 level, ubs is taking a bullish position saying it will hit 2000 bucks by the end of the year, they say its a safe bet of any election uncertainty. Right now 1894 per ounce, i said it before and ill say it again, joe biden lacks the energy needed to be a president. Watch this. No maam has the right to raise a hand to a woman. We have to change the culture and keep punching out and punching out it. Stuart i dont think that shows that, maybe thats the wrong soundbite, that did not show the part of the democratic challenger, show the opposite frankly, but during the macabre primary, how will he go against President Trump, we are over that one and remember his performance of the 2016 president ial debate, he stood out against Hillary Clinton and we have the guys who prepped him for that debate coming up, the second hour of varney just Getting Started. Stuart pretty much go nowhere market, we turn the direction, i see more green but not that much green up only four for the dow and up 20 for the nasdaq, check abbott labs, the president will deploy 150 million rapid virus test from abbott labs in the coming weeks, doctor siegel is on the show earlier and he said this. I think it is a game changer because it is so rapid and only 5 per test, they are talking about sending out 100 million test right away, the accuracy is 97 if you are symptomatic or have a virus in your nostrils, this is extremely accurate, it will be helpful in schools and Nursing Homes. Stuart Game Changers is a good doctor, the stock is up 1. 6 , 106 per share, abbott labs, lets look at cleveland, ohio, the sign of the first president ial debate, Hillary Vaughn is there. We are getting new information about closeddoor negotiation between the Trump Campaign and the Biden Campaign ahead of tonights debate, sources are telling fox news that the Trump Campaign requested that a thirdparty check both candidates years for Electronic Devices or transmitters but the Biden Campaign so far has refused to allow that, the Biden Campaign requested to breaks in tonights debate one every 30 minutes but the Trump Campaign did not agree so the debate will go 90 minutes long completely uninterrupted and there will be a 15 minute segment dedicated and focused just on the economy and the president is going to make the case that he is done more for workers and businesses in less then four years in office then biden has done after almost half of the century in washington and their two other topics that tie back to the economy, covid19 in a race and violence running rampant in American Cities and biden will make the case blaming trump that he left the virus out of control and hes the reason why businesses and workers have suffered. Stuart fascinating, trump wants the thirdparty to inspect for Electronic Devices and so far joe biden has not said yes, it aint that fascinating, right before the debate, thank you very much indeed, no way around biden will have to answer the tough questions thrown his way, no way around it. As a woman good to see you stuart. Stuart as a former Burning Campaign staffer whats the main issue for you tonight. It does not matter according to my progressive sources most of them will be watching tiger king this will not be about progressive values, both be honest this is not about progressive values, Vice President joe biden will be trying to appeal to republicans who are fed up with trump, it will be about moderate voters, progressive voters are not on the table clearly and the democrats have decided what the strategy will be and it does not include the progressive voter, lets call it what it is but i do think for fun i would love to see President Trump bring up the 500 billion he plans on giving to the black community and id love to see joe biden match him at the table, lets see if they bring that up for fun. Just for fun, a strange idea of fun but i will go without. , what you make of joe biden colleen lids saying that is that i quit for the day, im done im not going anywhere and not seeing anybody or answering questions, he has done this many, many times, it is the basement strategy, what do you make of that. Its ridiculous its funny you brought it up i talked about that yesterday all day online the republicans are knocking 1 million doors per month in the joe Biden Campaign is knocking 0 and i dont understand the strategy, i feel as even if they have to knock at the door and speak from the curb, from the sidewalk its important, i do not understand the strategy at all i worked on the races on the state, local, federal level and ive never seen a campaign depend 100 on virtual and completely depend upon absentee ballots, i dont understand it makes no sense, the campaign has been told this repeatedly but they know something that they dont. We will see if it works out but i know republicans on the ground and you have to be on the ground if you want to win. Stuart youre disappointed with the Biden Campaign, i have not heard you stride into this before. I want say disappointed, it is what it is im not delusional, there is a big difference between disappointment and delusional and a lot of bernie supporters, i talked about bernie sanders, im not a socialist and never have the verbal be. I understand what Vice President joe biden is doing and where he is on the Fourth Quarter and hes trying to appeal to moderate voters in trying to appeal to white working class. I know that the negotiation phase this far as progressives and certainly to my opinion black folks is over with that was during the democrat primary, im looking forward to november 4, the day after the election to see how we strategize and moving forward. Stuart do you think biden is going to lose . November 4 either way i have something to say whether trump is winning again or biden. November 4, this race is already filled up, we will see how it goes. Stuart one more thing you mention the 500 billion in capital if the president is committing to black communities, would that make you vote for trump or think about voting for trump. I like to hear more about it, i know you love to hear me say voting for trump and each time i answer is the same you the best asking about my answer is the same, im a not as arrogant for trump or biden but i would like to know more about the plan, the platinum plan i know a lot of folks worked hard on it and they say is not platinum its tenfold, i would love to hear more details about it, i know they point out specifically blocks and also language in the minorities and i would like to hear more about it, more portly how biden is going to match it being that over 90 of africanamerican vote for the Democrat Party, what is the Democrat Party going to put on the table to meet or exceed the 500 billion. Stuart i been looking for that revelation tonight. Thank you for joining us, always a pleasure. Stuart programming note, special coverage of the debate on this network starts at 8 00 oclock eastern in the main event, the debate itself 9 00 oclock eastern on Fox News Channel moderated by chris wallace, next, we do know and we reported many times that Mike Bloomberg is spending serious money on behalf of joe biden, however, mega donors doing the same for trump. Susan bluebird 100 million spent in florida for biden President Trump has some big money in his corner to preserve america a new super pack backing President Trump and aired million hundred 80 million becoming the biggest sources so far in the 2020 election and its backed by famous rich billionaires including las vegas owner and founder and home depot founder, it is aired 6 8 million on tv commercials and another 12 million on digital ads, as for fundraising as a whole we know biden has 141 million in the bank than President Trump and biden in the dnc along with their affiliated joint fundraising have 5 million in the bank after record amount last month, trump at the rnc sitting on 325 million in the bank, still that is a lot of money to play with especially the final four weeks of the campaign. 35 weeks and counting. You need that cash to win an election. Stuart that is for sure. President trump has a got a busy schedule this week. What a contrast with joe biden who has been calling a lid on campaigning before him noon most days. Will he have energy for tonight, i will certainly ask the question. A company in Salt Lake City debiting its arena suite at a utah jazz game of a player support for black lives matter. The owner is a billionaire, has his decision affected, what has it affected, we will certainly ask hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. Stuart do i see green, i see green, the dow is up seven, the s p is up for, not Much Movement but up higher, show me nikola, i misread it, my mistake, nikola the electric car company, down big again, down six and half percent, two women reported sexual abuse complaints against the founder executive chair trevor milton, the stock is down six and half percent, 18 bucks a share, tesla, elon musk says his company be a little overvalued today, however, five years from now itll be worth much more than it is now, it is down five books. Susan so will he hes almost worth a hundred billion dollars, close to 80 billion. Stuart peanuts compared to bezos, check netflix, do i hear they are about to raise subscription prices. Susan that is right, they have not raise prices since last january but executives have hinted strongly on their Second Quarter Earnings Call in july that a price increase might be on the horizon, thats maybe when my mom will cancel my netflix subscription, generate 2019, yes she still pays for, Netflix Service offers to streaming devices in january 2019 its all a price increase of the most wildly paid and bought package went up to 30 a month from 11, the cheaper plan of 8 went up to 9 and the highest version went up to 16 to 14. They correctly point out that netflix accelerated last year because of the price hike, that is what youre looking at the ballpark is less than 20 when it comes to netflix and theyre going to hike the prices, netflix itself has outperformed this year outperforming nasdaq a 41 and over the past month they have actually outperformed at the bestperforming amongst a group that is the Technology Group that is lost 800 billion in september close to a decade, this is the last time i will say it but i was wrong in the nine hour when i corrected you on the gld etf. It is actually backed by precious metal. Stuart do we have the apology on videotape, im going to put on replay constantly. Susan enjoy it. Stuart i accept your apology. A company in utah ditched their arena suite at jazz games over the player showing support of black lives matter, chairman of the board at sm east still contractors in Salt Lake City, he withdrew from the suite. Jerry what is the reaction to what you did. Thank you stuart, let me start by saying it is a medium size Steel Fabricator with about 1500 employees and very patriotic company, we have enjoyed the sweet for 28 years, we spent over 7 million in ticket prices and food and beverages so we have a very important customer to them, we have enjoyed our relationship with the jazz, we have taken family, friends and customers and employees and we had great times at these events and the jazz have put a great entertainment. But everything is been nonpolitical up until this point. Stuart what is the reaction, you withdrawn from your sweet and you will not occupy any longer and you have the black lives logo removed from the court, what is the reaction especially from the players. First of all we had no reaction from the Jazz Organization themselves, one of the players tweeted they had a right to do with her doing down there but are counter to that, we are paying tremendous amount of money for these tickets and we have a right to go and see what we want to do and if enough to be patriotic we dont need to do it. Stuart it could be interpreted as your trying to silence legitimate protest which is already in place, you are removing your support from that suite, that is what youre doing as a way of pressuring the company, the team to remove that support for black lives matter and for some civil rights, thats what you are doing here. Stuart we are all for peaceful protests, we believe in that. But when the players, the owners and the coaches cannot stand up and salute the american flag, thats when we draw the line, you go back to the work 1776 after world war i and world war ii and how many people have lost their lives protecting this country and our flag. Stuart has anybody else withdrawn from the suite, has anybody else talked about doing that. We have heard other companies within the area and other states talking about doing the same thing, these tickets are becoming so expensive and by the time youre parking in your meals the average family has priced to even go to these events. I think the American People are so patriotic they will find other things to do with their entertainment dollars. Stuart i dont mean to cut you off im out of time we have a break coming up. Thank you very much for coming on the show in a statement from where youre coming from a hobby back with more developments. Thank you. Stuart individual stocks, im going to start with amazon they launched a new personal Shopping Service for men, 5 a month, this is an alternative to statistics. Susan personal Shopping Service, for 5 amazon prime members, men will be sent personal eyes closed that they can match your style and budget based on what it should be. Stuart i pay 5 a month and they sent me close. Susan eight items every month i buy them and if i dont like them i send them back. Susan its a subscription service, would you pay up for a higher end that includes suits by brioni. Stuart what i . No. Susan dont have a personal shopper. Stuart dont even ask. Susan do i want to know. Stuart you are not going to know. The close that i wear on the air are chosen for me but our wonderful gwen who runs the wardrobe at fox. I think she does a great job. Lauren when you were polkadots you said you picked it out yourself. Stuart that was me choosing the combination of shirt and tie not quinn, she did not choose the combination she just chose the tie in the shirt and the rest of it. I do believe i am washing, you cannot tell because im wearing makeup, but i am, you got me there. Who can forget President Trumps 2016 debate, who can forget indeed, watch this. She does not like putin because he outsmarted her in every step of the way, she has been outsmarted and outplayed with any government whatsoever i will do more for africanamericans and latinos then she can ever do in ten lifetimes. That was something else, david bossie and Corey Lewandowski are here on this program today, they are next. Nonvalvular afib can mean a lifetime of blood thinners. And if youre troubled by falls and bleeds, worry follows you everywhere. Over 100,000 people have left blood thinners behind with watchman. Its a onetime, minimally invasive procedure that reduces stroke risk and bleeding worryfor life. Watchman. Its one time. For a lifetime. Find a stock basedtech. On your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. 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Susan we were relatively flat most of the session we will check with our market experts. Stuart fedex and ups have upgrades, this is about the coming bonanza of online selling and deliveries for the holidays isnt it. Ashley absolutely mr. Bernie, fedex 60 , ups up 44 in both stocks getting love from stock analyst, upgrading fedex to a by with a price target that is rising 75 to 318, simply put both companies are seeing massive from domestic package growth and so much more to come as we head towards the Holiday Season and totaled two thirds rate fedex as a bite and the number for ups right around 50 , one question being asked, can the rate of patch gauge deliveries once life returns to normal. I would say yes and many analysts say they have been permanently changed, weve gotten used to having everything delivered to us. Stuart we have gotten really used to that. No question about it, more proof of what might become election chaos, the Postal Service did not update a whole bunch of addresses for mail and voters, how many are we talking about here. Susan at least 1. 8 million, this is what happened the Postal Service maintains the change of address database, if you move if you need a mailin ballot or something, you let them know. It was not being updated for 20 days in august and it was not fixed until the middle of september and theres no reason why this happened according to time he spoke to the usps. , lets say your millennial limited new york city but the last six month you been with your parents in new jersey, can you get your mailin ballot, at least 43 states use the Postal Service change of address database at least 43 including the swing state, pennsylvania, florida, ohio, you name it this could be a big problem ahead of election day. Stuart what is this about new york, some voters in new york received military absentee ballots. It is a typo it happened a residence in queens, given a military ballot even though they never served in the armed forces, the question now is eligibility of the ballot, can it be used, should be used, will it be tallied and will then be challenged, mailin voting two parallel elections, the people who vote in person and the ones who do it by mail will be a mess. Stuart is going to be a mess and theres more on that, the Trump Campaign and the rnc are suing North Carolina over mailin voting in the state will allow voters to cast their absentee ballot late and without a verified witness, can they stop that, they are on the show next hour. We are counting down to the president ial debate it will be a showstopper in Brian Kilmeade is fired up about it. He is on the show next. So youre a Small Business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Stuart we have a developing story, they are negotiating rules about the debate for tonight, susan has details. Susan fox news getting this first about the ground rules for discussion and abiding in the Trump Campaign and wants the Biden Campaign to allow a thirdparty to inspect the ears of each debater for Electronic Devices or transmitters, the president has consented to this inspection beau biden has not consented and over the last several weeks Biden Campaign has requested to, one every 30 minutes to break up the 90 day 0 minute program. Stuart the biden team wants breaks, they dont want their guy to go straight through for 90 minutes, they want him to have arrest. Susan which takes stamina for a 78yearold. Stuart to breaks every 30 minutes. I understand, i got and tried to do the math, to breaks every 30 minutes and a 90 minute block and so far theyre not agreeing to doing that, i find absolutely fascinating and literally five seconds i will have brian killed me on the screen and he has something to say, i will guarantee, host of the Brian Kilmeade show, i hope you heard that, the biden team wants to breaks during the 90 minutes, so far they have not agreed to that, why do you think they want to breaks. You know exactly why the way he put a lid on his campaign yesterday at 910 in the morning in the same reason why hes taken four days off to prepare for debate cities practice for for 47 years, the same reason why he took many breaks with Anderson Cooper when he took the questions in the town hall, he needs a break to recalibrate, if you look he gives solid answers, not tough questions but solid answers with Anderson Cooper on his feet but over an hour he has 20 strong minutes and i dont think the truck team should given out at all, straight through 90 minutes, if you cant go 90 minutes you cannot be president , how many hours do you go. Stuart i do three hours you do six hours from six in the morning to 12 noon, why am i not president. Stuart why is that. Stuart i find this really telling, the whole issue tonig tonight, can joe biden get through 90 minutes, not show fatigue, show that hes got focus, dont make any gaffes and show that you could be the president of the United States of america to request to breaks, thats a dead giveaway, what do you make of the other requests, this is the Trump Campaign that a third party inspect the two people in the debates for something in their ears like an isp that you and i wear that can be spoken to by people offcamera, so far joe biden has not agreed to that inspection, what you make of that. I think two things, the drug test in the earpiece is head games, hes got word that theyre going to be speaking to him because as you know this is my version, they dont talk to while you are talking, it will be crazy to have a earpiece when youre in a debate which i know the other person speaks for two minutes but at any moment if they talk to your cutout from the person across but to get in his head there is no way this guys not propped up, there is no way that he does not need a break in order to get through it and hiding in the biden line works, the other thing that is effective trump is got to win and biden has got to tie, i believe the tie goes to biden and the solid performance divided in trump by we watch these debates because im lonely i rewatch to the debates the last one with chris wallace, he interrupts him through Hillary Clinton who is a much better debater and smarter and she would be jarred when he would say not true, youre a liar work never happened, she stopped, can you imagine joe biden when he hears a couple of interruptions, thats not exactly what happened, you were there the whole time, those would throw him off and if you see him discombobulated that the when the president is looking for. Stuart the president does not come across as a bully that could encourage a sympathy vote for the elderly joe biden, i hate to put it like that but that could happen. Possibly but something so serious with the future of the country you could be direct and not a bully, i think its a lot harder and it does not come out wrong but i hope its a lot harder if youre debating a woman like joe biden with a much harder time with sarah palin then paul ryan, if you look like a bully to a female candidate you can look like a sexist as opposed to somebody who just disagrees, that is where he is right now, he can turn around with a guy thats already told one of the people in his audiences, a supporter i yelled at him because he questioned Hunter Bidens investment in challenge to a pushup contest, then he called them somebody else to ask questions about some of his investments and said are you a junkie, really, we watch that, joe biden has been rude a lot and when hes challenged he would like to go back to bluecollar joe going back to park avenue trump, we will see how that goes. Stuart lets be honest i work very similar hours to you, i walk into the studio just before 4 00 oclock every morning and get out of bed at 2 45 a. M. , there is no way i will watch the debate live tonight how about you. Im going to watch it live, no doubt about it, i can always rally for one day and ill be tired the next day but i gotta watch it live, im going to taper the postgame because i have my own opinions, this is going to be the most watch tv and when we roll the clip of joe in dick cheney, that was something i could take, this is live television, dont give me the super bowl on tape. Stuart i am out of time, heartbreak coming up, Brian Kilmeade everybody a big show still to come, arent c kathy, and trump 2020 Senior Advisor mercedes, you will have my take on the media, they will declare joe biden the minute winner no matter what, the third hour of bernie coming right at you after that. Look limu someone out there needs help customizing their Car Insurance with Liberty Mutual, so they only pay for what they need. False alarm. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. One thing that ill be watching for closely is that President Trump can have a decided victory. I view china as a competitor, a serious competitor. This is not a level Playing Field with china. China does not wish us well, and joe biden needs to realize that things have changed. They have changed over the last 50 years. Leave angry joe in the basement. I dont think he can outtrump trump. You want to see someone cool and confident, not someone trying to shout back. Most people are going to watch the debate like a car race, they just want to watch the reck. If we can call a clear or winner on this, i think the market would take that as a big positive. Stuart all right. There you have it. Thats what our people have been saying, what our guests have been saying in the last couple of hours, but were just Getting Started here for our third hour. Im going to show you the markets because weve moved south. Were now down about 150 points on the dow and 40 on the nasdaq. Ill make two points about this. Number one, weve got Speaker Pelosi and treasury secretary mnuchin, they have talked this morning. They say theyre going to talk again later. This is about the 2. 2 trillion stimulus package. But we also have larry kudlow, top economist at the white house, hes saying hes worried about running up the national debt. Which im interpreting that as being a little skeptical about more spending another 2. 2 trillion. So i think thats the argument thats winning. Thats why the market has turned south. Were down 150 as we speak. However, earlier this morning with we got a pretty strong Consumer Confidence number, 101. 8. Thats a strong reading. In fact, its the best reading since march. Thats not helping the market right now, however. Now this this is the medias debate prep, the New York Times front page story about the president s taxes. Oh, so conveniently released a couple of days before the first debate. Its like the billy bush tapes in 2016. These breathless reports always hit republicans, dont they . Its how the media prepares for debates and elections. Save something nasty til late in the game. You can bet joe bidens debate prep will include the times tax story. Hes been holed up in his base. You have to believe basement. You have to believe hes been thoroughly drilled on what to say. If youre tired, it will show. If you cant think on your feet and focus, it will be obvious. That is joe bidens vulnerability, that hes not capable of running the country as he goes into his 80s. Mr. Trumps vulnerability is his demeanor, his attacking style could make him look like a bully, and hes the spur of the moment kind of guy. He could easily unload are on his aging opponent and bring out the sympathy vote. It will be easy to feel sorry for biden if the president humiliates him. Of course the media will declare joe biden the winner. He would have to fall asleep in the middle of it all to lose. He simply has to survive for 90 minutes, and mr. Trump will turn up full of life and perk i key and think on his feet. And even though the media will say he lost, hell be back on the campaign trail within hours. Joe biden is taking a train ride all the way to ohio. 9 p. M. Eastern, fox business, fox news, the first direct clash in this already extraordinary 2020 election year. I want to bring in Cassie Smedley joining us now from the rnc. Cassie, im sure you heard these late with developments. Joe biden ising asking for biden is asking for two breaks to break up the 90minute debate. What do you say about this . Yeah, im sure he would love to have a 90minute break. I think that joe biden is really very nervous about whats happening tonight spite that he does have despite that he does have his friends in the media already lowering the bar for him, prewriting the headlines for him. Not only is President Trump going to show up with energy and charisma tonight, but the voters are going to be able to see through whatever narrative the medias conveniently trying to contrive here. Theyre going to see stuart come on, cassie, look, let me show you, let me show you how to go for the jugular, shall i . This is how you gotta do it. Joe biden wants two breaks because hes scared to death that hes going to get real tired in 90 minutes, and he needs to recalibrate. Hes very weak when it comes to fatigue and energy. Thats why he wants two breaks. Youve really got to go at this hard, cassie. I dont disagree with you, stuart, but from the very beginning theyve been setting the expectations that is he even going to show up, should he even debate. And thats why were seeing these latebreaking developments of, oh, its mean trump who wont let him have a bath ram break. He bathroom break. We know thats the case. Theyre trying to lower the bar for him. And thats why its so important, 100 Million People are going to tune in tonight and see for themselves everything that the media has been trying to protect stuart right. Now, look, youve got no spin room tonight. Thats where campaigns manage the media, but you cant do that tonight. How are you going to manage this media tonight . Yeah. Well, President Trump has never been someone who needed surrogates. We get to hear it all from him. But we do have the full effort of not just the rnc and Trump Victory war rooms, but weve got more than 700 watch parties happening around the country, the full force of our on the ground grassroots effort with real voters being able to see and hear for themself. Were going to get fact checks to, which im sure there will be many since joe biden has a storied history with not being able to tell the truth, and were going to go directly to the people with the full force of our social media, you name it, well be talking to the people. Stuart okay. Cassie smedley, thank you very much. Always appreciate it, thank you. Now, i want to turn to the markets because we have turned south as weve told you. This is just in the last half hour. Susan, do you have any more information on the turning south on the markets . Well, i think we have something off on covid cases rising across the country. New york city just reported a daily positive covid test rate of over 3 for the first time in months. Thats when Public Schools will close, so you can see the disruption that itll cause across the entire i city. Weve also heard about the 1,000 new cases of covid, something that we havent seen stuart schools went back today, didnt they . 300,000 knight kids went back to new York City Kids went back to school today. Well, that will probably end if we see this 3 Positivity Rate across the city, a rate we havent seen in months. Stuart all right, susan, thank you. Turning to tonight, heres the question how do markets typically react after a president ial debate . I think youve got that story too. Yeah, so down usually the first day, ten days, even a month later. Now, we didnt have television the president ial debates until the 60s, the day of after the s p is down usually around. 3 , but you take it all the way out to a month, 30 days afterwards, the broader benchmark is down around 2 . 2008 financial crisis skewed the average, but remember there are also no tv debates during the johnson years up until 1972. Now, wall street large arely investors view trump as more businessfriendly with many expecting biden to raise taxes, the economy probably a more important issue for President Trump tonight. For biden its going to be coronavirus, and Credit Suisse is the latest Investment Bank to come out and weigh what their recommendations, they say the markets will be up and down until january so protect yourselves with options and hedging. Stuart okay. Now, i want to follow up on new york. Weve got some new rules, i think, on mask wearing and fines if you dont wear em. What have we got, lauren . Yeah. So mayor de blasio is saying that the city will fine people who refuse to wear a face mask starting tuesday. So i assume one week from today. The mayor also saying that any nonnew York City Schools im sorry, any new York City School that doesnt follow the guidelines will be shut down. So theyre seeing this rise in cases. And youve got to kudos to new york city, we really flattened the curve here. Here, well, im in new jersey, but you know what im saying. And they dont want to see the numbers rise again. So this is pretty aggressive action. Stuart it is, indeed, and thats new york for you. Thanks, lauren, got that. Jason katz is with us. Jason is a market kind of guy. I want to refer to something from the professor at wharton school. Hes saying the markets going to be choppy til the end of the year, but come 2021 regard he is of who wins the election regardless of who wins the election, the market goes up. Its going to be a strong year. What do you say to that, jason . Well, i certainly agree to the extent that were going to see pronounced volatility between now and the election. Whether its the reaction to the debates, how the polls play out, of course, whats happening with the rancor as far as the Supreme Court seat and the fiscal stimulus package. So volatility, for sure, between now and then. And then after the election our focus is really more on the senatorial elections versus the outcome of the president ial elections. Because therein lies the ability to keep deregulation in place as well as the 2017 tax reform. Stuart now, ive got the market as in the dow industrials down 160 points at the moment, and that follows in part this report from new york that the Positivity Rate is above 3 . Do you think the two are linked, maybe a second wave of the virus and the market goes down . Is there a link there . Thats part of the cocktail of whats going on. I think a lot of it has to do with the rancor over the fiscal stimulus. I know kudlow earlier talked about being reticent as far as more spending is concerned. Id probably put at this juncture a little more weight on those comments. Stuart okay, got it. Were down 160. Jason, thanks for joining us. See you soon. Thank you. Stuart you got it. Senator Kamala Harris says she is not giving advice to joe biden tonight. Roll tape. I think joe knows what to do. I wouldnt dare tell him. Hes been on that debate stage so many times, and hes so good. Hes so good. Stuart well, he didnt exactly do that well in the primaries now, did he . Well talk about that. First though, listen to this, Household Income soars under President Trump. So why dont we hear about it in the Mainstream Media . Ive got some fascinating numbers for you in a moment and andy puzder to comment. Stuart all right, everybody, stop and e a look at this. A Census Bureau report shows median Household Income rose nearly 7 under President Trump. Of course, this was before the pandemic. 68,700, median Household Income. My goodness. Hispanicamericans saw income rise over 7 . Africanamericans, nearly 8 , and asianamericans saw a boost of 10. That is enormous. We we dont hear about it. Andy puzder is with us now. 68,000, thats the immediate e january Household Income median Household Income. It was in the 50,000 range with president obama, but nobody reports this. Whats going on here, andy . Its even better to give you a little more perspective, median Family Income during the entire Obama Administration went up 3,000, so we did more under President Trump in one year than we did under president obama in eight, which is exactly why the medias not covering this. You know, they dont want to make biden look bad. And in this, these numbers make trump look great and make biden look bad. It was a very weak economic recovery under biden. Stuart i think its outrageous. It is outrageous. Stuart i mean, to have the media en masse cover up a stellar Economic Performance and then go at the president , hammer and tongs all a day, all night, what a bad guy he is. That is outrageous. Its wildly unprofessional, and i dont think its going to take them a decade to get their reputation back, if ever. I know im going overboard on this, but it infuriates me. You know, look at the excuse me, the poverty rate. The poverty rate under President Trump in 2019 went down 1. 3. Thats the largest drop in the history are of tracking the poverty rate going back to 1959. And poverty was at 10. 5 . That was the lowest rate since 1959. Did you hear about that . All we heard was tax cuts only benefit the rich. In the meantime, we lift over 4 Million People out of poverty, under obama and biden, we added 800,000 to those people in poverty. The numbers in the Census Bureau report were absolutely speck tack hard. There was a good article in the wall street journal. You saw my article on fox news which was out yesterday. That was about it. There really wasnt i any other coverage. Stuart okay. Are you we me on this, that at the end of the debate tonight no matter what happens unless there is an absolute catastrophe for joe biden the media will say biden won. No way around it, he won. Yeah. Unless he passes out and, you know, drools or something, i dont see any way the medias not going to try and declare his performance a victory. And in some respects, republicans have been playing into that by saying, well, you know, hes got look at him, look at his interviews, he cant talk. Hell be fine tonight. He was fine remember when he debated paul ryan . I mean, paul ryan was a smart guy with the facts at his fingertips. Biden chewed him up and spit him out. He did fine against bernie sanders. Stuart he debated paul ryan, and it was pretty good, eight years ago. Yes. Stuart i dont think hes got the same vitality now, and by the way, did you hear the report . Hes been asking for two breaks during the 90second debate. [laughter] well, he wont take the drug test. Look, he wont tell anybody who east going to appoint to the who hes going to appoint to the Supreme Court because he doesnt want you to know what the answers are. I really do think hes going to be fine tonight. I dont think we should expect to see the bumbling biden that you see in these interviews. I dont know what they give him or what they do, but i think hell be fine. I just hope that people i hope we havent lowered expectations for him so much, made the bar so lower that people will believe he did well when he didnt. And i think the policy of the president will i chew him up and spit him out. But bidens a longtime politician, hes a b. S. Er, hell get through. Stuart if he can survive for 90 minutes, hell be the winner. Case closed. Ann ity puzder, thank you. Check some stocks starting with abbott labs, up today on news that the president s going to distribute 150 million of abbott labs rapid covid tests. Now were up 1 on abbott. Look at universal health services. Theyve got a data breach with. They say no employee or patient informations been compromised. The stock is down 6. 5 . And now this or the pandemic causing a surge in bankruptcies in new york city. Lauren, this is real bad, isnt it . Give me the numbers. Citibank says up 40 since march, okay . March to now, up 40 . Thats 610 businesses in new york city filing chapter 11. More could be on the i way. As the weather turns colder, as were seeing this uptick in the number of infections, we might hear and have heard threats from the mayor that there could be, you know, more lockdowns ahead, this will hurt any company right now struggling or not. Not to mention the wealthy are all out in the hamptons. But these bankruptcy filings, because its expensive to file for bankruptcy, it doesnt encompass the Small Businesses. I said this earlier, the moms and the pops occupant are there. Out there. Yelp says 6,000 of them in the city have closed of which at least 4,000 permanently closed. And i was just reading a report from the partnership for new york city business group, theyre looking at Something Like 80,000 business closures when all is said and done. 80,000. Stuart good lord. It breaks my heart to report things like this because this city is in bad shape, and numbers like that are just awful. Lauren, thank you for the report, however. Oh, look at this, ive got a sports alert. The nfl seeing oh, its a negative seeing their first virus outbreak. Ashley, you followed this. Which team . Yeah. Well, its the tennessee titans. This story coming out in nashville, the latest round of testing for the tie tabs organization Titans Organization shows three players have tested positive as well as five personnel on the team. Thats a total of eight. They played the vikings and won on sunday. The vikings also, out of caution now, are, you know, having no inperson training today. The titans are reportedly working remotely, no inperson workouts or anything like that. This is the first time weve seen a, i guess, a major outbreak, eight cases, three players. A falcons player last week tested positive, but he was the only one. The falcons went ahead and played the bears this past sunday, and everything seems to be okay. The titans, by the way, scheduled to play the steelers on sunday. Well have to wait and see how that goes, but this is the first real, you know, significant, if you like, outbreak of the virus among the nfl teams. Stuart but on the other hand, the National Hockey league, they just finished their season. I mean, i think thats good news, no outbreak to hold them up. Nope. Absolutely. And congrats to them. Tampa a bay, who knew . The ice hockey capital of the world. [laughter] stuart yeah. I believe thats tampa bay, florida. Ice hockey . How about that . Every canadian is end weeping. [laughter] stuart thanks, ash. The Trump Campaign and the rnc sue to block mailin voting changes. Okay, theyre suing, but can these last minute lawsuits really stop election chaos . Well discuss. And weve seen joe biden on the debate stage before. Well, see him again. Roll tape. If you agree we me, go to joe 30330. Play the radio, make sure the television excuse me, make sure you have the record player on at night. Stuart better not do that tonight, biden stumbling there like he did during the democrat primary. That would not be good for him if he did it tonight. Well be back with more. Keeping your oysters business growing has you swamped. You need to hire. I need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventyfivedollar credit when you post your first job at indeed. Com promo stuart two special guests with us this morning, perfectly timed just in advance of the big debate that comes up tonight. Trump Campaign Senior advisers, plural, Corey Lewandowski and david bossie. They are the authors of a new book, its called what, its on the screen, it should be on the screen. This you go. Trump america first. Thats a fine title, gentlemen. Now, look, both of you prepped mr. Trump, candidate trump in 2016. Corey, let me start with you. How did you prepare thencandidate trump . You know, stuart, what we did is we allowed him the opportunity to answer questions from the media, which is what hes been doing for the last six years. I dont think theres any question that hes going to be asked tonight that a member of the media hasnt already asked him. Thats clearly not the case for e joe biden whos avoided these questions. So the way you prep donald trump is you let him go out and talk to people, listen to all sides and give his responses. Youre going to see a champion on the stage tonight. Stuart david, how about you . Is there a difference between prepping a candidate, as you did four years ago, and prepping a president as whats going on now . I think theres a big difference. This is a president who has a fulltime job. He is working every minute of the day to be president of the United States and work hard for the American People for this entire four years. And he is then, on top of that the, becoming candidate trump as well. And what corey was just talking about is his best preparation is being out there with the people, going to rallies, going to the round tables and talking to the American People through the media, taking those tough questions from the podium on his way to the helicopter. Of that is his best debate prep, doing battle with the Mainstream Media who is against him, who has been against him for four years and wants to defeat him. They wanted to defeat him in 2016, and i think they failed then, and theyre going to fail this year. Stuart has the president done any conventional debate prep this year . I mean, when i say conventional debate prep, i mean like having people who are not reporters but sound like reporters asking him questions and moderators who are not really moderators but asking him questions and doing that kind of thing. Does he do any conventional stuff, david . Hes an unconventional candidate and always has been. He does it his way. In 2016 he did it his way, and it worked out perfectly. This year hes doing it his way again. You saw just the other day he brought Chris Christie and rudy giuliani, two people that he leans on and trusts that hes been working with. The internal actions and how that is working, you know, when theyre in the room, i think its probably a lot like were doing right now, theyre having conversations, and theyre talking about the answers. And really, you know, pivoting to what it is from the question to what it is you want the American People to hear. Stuart corey, let me turn to you. Im sure youve heard this story that weve been talking about this morning. Joe biden wants breaks, two breaks in the 90minute debate. [laughter] youre laughing. What does that tell you about joe biden . Well, hey, stuart, you dont get a nickname like sleepy joe for nothing. The guy wants two breaks because he doesnt have the stamina or the mental acuity to stay on the debate stage for that kind of time. Look, you juxtapose that with donald trump who on his average day is doing two, three, four, five rallies a day in four different states, two different time zones, and he has no problem standing up there. We know donald trump has the stamina, we know joe biden has pulled out the Hillary Clinton playbook and dusted it off. Rest for a week, and is that really what the American People want . They want someone who cant stand up for 90 minutes and have a conversation . Come on. Come on, man [laughter] stuart while ive got you, corey, can i ask you this . Is it true that you almost got into a fistfight with chief of staff john kelly in the oval office . Is that true . Stuart, not only is it true, but i offered to take off my jacket and settle the fight outside. Look, i always bet on myself, okay . John kelly brought in his secret Service Detail and threatened to have me thrown out of his building, i reminded john that it was the peoples building. Thats the kind of chief of staff that john was. He wanted to use physical force and intimidation to keep people away from the president. Ill take my money on me every time, stuart. They made a movie about it, it was called the fighter. I like my odds. Stuart you know, a lot of people dont like hearing this about what goes on in the oval office. A fistfight . I dont think a lot of americans would approve of that, corey. Stuart, heres the thing, right . I was there to have a nice meeting with the president , but when they try and block the president s friends because they want to control every aspect of what goes on, thats out of bounds. Hey, johns the one who started with me. He threw me toward tore the buttons off of my jacket. I wrote all about it in this book, but thats unacceptable behavior. Hey, the statute of limitations has not been expired yet on assault in the district of columbia. I want john to know that. [laughter] stuart whoa. Im losing control here, i really am. [laughter] hey, you asked. Stuart david, im changing the subject. [laughter] have you any doubt that at the end of the debate tonight the media, barring catastrophe by joe biden, the media will declare him to be the winner . Any doubts . Of course they will. Thats why joe biden needs the two breakses, by the way, so he can get his mind right. Look, the president of the United States is going to keep it about the issues. Its about higher taxes versus lower taxes, more jobkilling regulation ares versus killing regulations, open borders versus border security, paying for illegals health care versus not, anarchy in the streets and defunding the police versus law and order. The president of the United States is on the right side of every one of these issues, and the American People agree with it. And thats where this debate needs to stay. If joe biden brings it down, if joe biden is talking about petty grievances and trying to suck the president in, hes going to lose because this president is laser focused on being president of the United States and being reelected. And he uns that this understands that this is a generational campaign. What happens in this election is going to be the difference between freedom and prosperity for future generations, and this is the biggest, most consequential election of our lifetime. Stuart gentlemen, i want to thank you very much for coming on the show. Corey, i do hope that the biden team is not watching and does not raise the issue of fistfights in the oval office. Im sure they dont watch, but there you go. Good luck with the book, gentlemen. Thank you. Stuart always appreciate it. Thank you. Stuart back to the markets. Still on the downside. Whats this about Speaker Pelosi saying a deal cautious optimism. So Speaker Pelosi says shes hopeful of getting a deal with the Trump Administration this week on that second round of stimulus. We know that she spoke 50 minutes with treasury secretary mnuchin this morning, and this is pretty much the last ditch effort to get any sort of agreement before november 3rd and the election. However, i would say if you look at the markets right now and how its trading given that we heard from larry kudlow earlier on that they are not in favor of expanding growing u. S. Government debt, theyre still far apart especially with the money, 2. 2 trillion with the democrats, 1. 5 is the max that President Trump will go up to. Stuart theyre talking about a 2. 2 trillion deal, but kudlows saying, watch out, we dont want to expand government debt. A 2. 2 trillion deal would do right. There might be political pressure on republicans to do something to get their vote . Stuart oh, yeah, i think there is. I think so. I think many republicans would like to see more money spent right before the election and get the credit for it. Yeah. Stuart thats politics, come on. Thats politics. Help the American People. Stuart thats a fair point too. But were down 140 points. Got it. Take a look at this, President Trump has a packed schedule this week including tonights debate and Campaign Events in three different states. Thats just this week. Can joe biden keep up with that energy . Hes going to have to. Well deal with that after this. Stuart the election is 35 days away, but ill tell you now early voting has started already in illinois. Grady trumble is there. Grady, i understand on the ballot theres something called a fair tax. I want to hear more about that in illinois. What have you got . Reporter stuart, the democrats call it a fair tax, that would be a graduated income tax as opposed to the current flat tax rate. Democrats say only the wealthiest of the wealthy would have of to pay more in taxes while conservatives worry that everybody would have to end up paying more. Also here were seeing Unprecedented Demand for inperson early voting. At this particular polling place in wheaton, illinois, there was a three hour wait when early voting started on thursday. Across the country theres unpress i dented demand for early voting. 1. 1 Million People have already voted either in person early or by mail. A quarter million of those each in the battleground states of North Carolina and wisconsin, more than a quarter million in virginia as well. We talked to supporters of the president here, we also talked to supporters of the Vice President. All of them tell us, stuart, that they have some concerns about mailin voting, and thats why they decided to show up and wanted to vote in person. Stu . Stuart i can understand that. Im going to check the markets real fast because the dow is now down 200 points and the nasdaq down 90. As much of a loss really concentrated in the dow. Got that. Now, lets check beyond meat and walmart. Beyond meat is up 10 . Have they got a deal . Yeah. Theyre expanding their beyond burgers now i to over 2400 walmarts across the country, and thats up from the 800 currently, and this is after their value pack at walmart this summer, its most affordable product yet they say. First started at walmart five years ago, and theres tough competition because already selling in 2400 walmarts across the country. Stuart it gained 10 , nearly 11 , 167, beyond meat, thats the price. How about tesla . [laughter] elon musk says actually, he just sat down with the New York Times, because yeah. Stuart what have you got . A broadcast. Elon musk said tesla might be overvalued. Lets listen. I think some Critical Mass of the market has concluded that tesla will win, i guess. I mean, ive gone on record saying i think the stock price is a bit high. That was well before we hit this current level. But if you ask me do i think tesla will be worth more than this in five years . I think the answer is yes. So teslas currently worth more than 300 billion, and it is the most valuable car company on the planet. Now, musk also on this podcast said that hes not happy with the negative battery day coverage, called bill gates a knucklehead. I listened to one hour of it, and he said he had dinner with jeff bezos to talk about space exploration. Bezos says people should be, i guess in his term, planetary, these colonies in space whereas musk is targeting mars in particular. Youre looking at me like stuart im not used to you talking about colonies in space. Thats a new one for me. [laughter] also in terms of who we will vote for. Stuart yes. I heard that sound bite from him on who are you going to vote for. Well, he says if biden does better than anticipated, biden will win. Stuart okay. Thats about the debate tonight, right . We shall see. The rump campaign and the rnc Trump Campaign and the rnc are going to sue to stop mailin voting changes in North Carolina. The question though is, is it too late to stop election chaos . And, yes, we are just hours away, in case you didnt know it yet, were hours away from the first president ial debate. Were going to take you to cleveland are live after this. I searched and found sofi and applied for a personal loan. I paid off my credit cards and felt a weight come off my shoulders. Thank you sofi for a great experience and for helping me get my money right. And if we win, we get to tell you and doug. How Liberty Mutual customizes Car Insurance so you only pay for what you need. Isnt that what you just did . Service stand back, im gonna show ya how doug and limu roll, ya you know you got to live it if you wanna wi. [ music stops ] time out only pay for what you need. Liberty. Liberty. Liberty. Liberty. Stuart Kamala Harris ripped into judgey barretts nomination to the Supreme Court yesterday, and then she walked away from the podium refusing to answer any questions. Shes actually following joe bidens lead. Dont answer questions with, run for cover. For a start, senator harris is on the Judiciary Committee and will be asking questions during the hearings, but she has, quote, no plans to meet the judge on capitol hill this week. How come . Cant one woman speak to another prior to the most consequential hearing since the kavanaugh disgrace . And senator harris has refused to answer any questions about packing the court. Why . Her own party has proposed it, and she wants to be the Vice President of the United States of america. This is the time to answer the questions, not join the debate, dont shut it down out of spite because you dont think youll win. Look whos here, mercedes schlapp, trump 2020 senior adviser. All right, mercedes, im sure youve got a lot to say about Kamala Harris, but i want to talk to you about this news story weve been doing this morning. Joe biden wants two breaks during tonights 90minute debate. What do you make of that . [laughter] well, i gotta tell you, its because we know with joe biden hes got some good days and some bad days when it comes to his daily gaffes that come out of what he says. So i think, you know, theres one thing we know, President Trump is ready to go, hes prepared for this debate, he has an incredible stamm a that. I mean, he outworks all all of. He keeps a very busy and productive schedule as hes going from state to state talking to the american voter. What does joe biden do . He calls a lid almost on a daily basis. And to your point, were not really knowing where they stand on so many of these issues. Joe biden hasnt released a list of Supreme Court nominees, we dont know his stance on court packing. But what we do know is that joe biden has aligned himself with the far left of his party. And thats what we want to expose tonight. Thats what President Trump is going to do, is basically compare his record of 47 months of accomplishments versus a 47year record of failure by joe biden. Stuart im going to go back to something i said earlier on the show. The takeaway from the debate is not necessarily the issues and the details on different issues. I think the takeaway is the style, the tone, the emotion that both sides bring. And i think the wore ily for President Trump is that worry for President Trump is that he comes across as a bully. It could happen. What do you say . It wont happen. I mean, one thing about President Trump is that hes a strong leader. One thing about President Trump is that hes been transparent and direct with the American People since day one. You know exactly what his agenda has been for america which is that of a proeconomic growth in america. It is about helping american workers, American Families by moving forward with the right economic policies which is reducing our taxes, getting rid of jobkilling regulations, renegotiating tough trade deals. Thats the leader that you want defending this country. What you dont want is a weak candidate like joe biden who we know is spending more time courting the far left, focused on jobkilling policies like the Green New Deal and socialized medicine. And also really taking america in the wrong direction. Talking about a 4 trillion tax burden on American Families. That is not what we need in moving our country forward in the next four years. Stuart real fast now, the Trump Campaign and the rnc suing to block North Carolinas mailin voting changes. The story here is not when you win or lose in North Carolina, the story is can these last are minute lawsuits actually stop election cay use, or is it chaos, or is it too late . What do you think . Well, its what the democrats do best. They like to sow chaos and division. They like to fundamentally change voting systems in the last between 90 days, 80 days, now were talking about 30 days of an election which we know is very problem mat it. A lot of these local Election Officials are not prepared. They dont have the capability to manage such an influx of mailin ballots. What we do know is that while absentee ballots work in some of these states like florida, youre talking about universal mailin voting which we know has been very problematic in states like nevada. What we want to avoid is chaos, what we want to insure and preserve is election integrity, insuring that its one vote per voter in these upcoming elections. And that is why weve seen the democrats try to loosen Election Security in so many of these states. Stuart real fast, mercedes, im told that theyre boarding up businesses in downtown cleveland. Do you think that urban unrest will make an appearance not in reality, but certain lu as part of the debate tonight . Well, i know that i think thats one of the topics were going to be discussing. I think, you know, weve seen the chaos, weve seen the rioters in so many of these i cities like portland, like kenosha, and what weve learned is when the president has worked with the governors or the local officials to deploy the national guard, thats when you stop the rioting, thats when you stop the looters. Its different in cities that are run by these democrats like portland where they dont accept the federal assistance that the chaos continues. Look, we believe in peaceful protesting, but the reality is when you have these rioter ors and looters basically destroying Small Businesses, many owned by minorities, thats simply unacceptable, and its why the president is the president of law and order. Its why hes received the endorsement of so many Law Enforcement organizations. Stuart sorry, mercedes, gotta go. No problem. Thank you for having me. Stuart by the way, i just want to break away to the market because were at session lows. Were now down 200. Speaker pelosi just giving joe biden some advice for tonight. Very interesting. Well tell you what she said after this. If you are asking me what advice, be yourself say the planet. Stuart did i hear that correctly, i do believe i did, that was Speaker Pelosi asked to give advice to joe biden, she said save the planet. That is interesting, do you have any comment on that whatsoever. Susan i enjoy the blue planet series, that is fantastic. Stuart that has david, the great broadcaster of the last three generations. Stuart he is my idol, of all the broadcasters, that man is my idol. Absolutely surely is. Watch tonight 8 00 oclock this network for the predebate show, 9 00 oclock fox news for the debate itself, neil cavuto, my time is up it is yours. Neil thank you, my friend very, very much. Lets take a look at wallin broadway, the lit dow down a little bit more than 200 points, some hiccups expected here. We will be monitoring when we look at the debate tonight on this network including 8 00 oclock in the debate itself, how foreign markets are taking this in our future market because it is actually a market moving event and i joked, not really joking that foreign markets are more intrigued