Protection, he wants 1200 stimulus checks, that is what he wants, not Speaker Pelosi democrat state bailout commonality this, the markets reaction, selloff tuesday in a reversal this morning, the dow will be up 200, look at that and nasdaq up about 100 points, that is a reversal, heres another blockbuster, declassified documents show in 2016 the cia director john brennan personally briefed president obama on Hillary Clintons alleged candidate trump to russia. His notes made right after you briefed obama showed clintons during up the scandal to distract from her email problems and obama knew all about it, by the way the broadcast network did not cover this at all. 0 coverage on a blockbuster story, maybe mike pence will bring this up at the debate tonight. This is a major event. We are less than four weeks to the election and senator harris has a strong chance of becoming president given joe bidens age, he will be 78 on eggnog ration day, she will have to answer the question that biden wont attacking the Supreme Court, creating new liberal senators for puerto rico in washington, d. C. , naming the democrat pick for the Supreme Court. How is that for big news day, Varney Company is about to begin. Stuart unless you identified on the screen i have no idea what that song is but im sure its very appropriate, the bottom line we are ready for the showdown in Salt Lake City. The first and only Vice President ial debate starts at nine eastern, fox business special coverage starts at eight and this morning we will kick off with an allstar lineup, lou dobbs, Martha Maccallum, honing hogan, bret baier, all of them on our show today, but we will start right off the bat with your money, why not. Total reversal, market watcher shah gilani where the big selloff tuesday and trump stock stimulus negotiation in our up, does the market think that we are going to get some peace deal stimulus plans . I think so in the market sold off and the dow fell 582 points from the intraday high when the president tweeted that out, i think the president was holding the republican line that they are not declined, he will not sign on the bus billed at the house push through with three half trillion dollars is whittled down to 2. 4 trillion and throw everything into the sink, the president wants a more streamlined bill where americans will help directly, the subsequent suite is what were seen today the markets bouncing on the fact that the president does want stimulus but he wants to target it. Stuart one second, i just put the airlines on the screen, thats the most obvious bouncer we got, the president wants to help the airlines and look at it this morning, yup some up 6 , jetblue for example, some got upgrades for what the president says he wants a for the airlines, that clearly helps. Aside from the airlines, aside from special cases, do you think overall this market is still going up . Yes i believe so, there is a lot of underlying positivity certainly Consumer Sentiment is great and in terms of investor sentiment, that is fairly positive, all the positions people are taking are positive. We brought this up the other day, the fear index is rising as markets are rising, that is unusual, does not make sense, it is rising because investors are so optimistic that they are betting on the future already, thats where the vics is rising in indication the underlying sentiment is very positive and that goes well for the market. Stuart real fast, new highs on the way, what do you think. By the end of the year definitely. New highs by the end of the year despite it all. Shah gilani, thank you very much will see you again soon. A new house report accuses big tech of monopoly power, keywords. This directly affects the stocks that have done so well for so long. They want to break them up. Susan thats a recommendation from the democrat led investigation arguing that amazon should not operate while selling its own private goods. Google has a search advertising, facebook, monopoly power over social networking also firmly entrenched according to this report and apple had a monopoly on the app store that powers smart phones used in the country, all for tech giants disagreed with the findings arguing that they are just competing players on a wide global marketplace with many other companies, there is nothing immediately actionable in this report but the House Judiciary Antitrust Committee is calling for breakup possibly into smaller units, then strengthening antitrust laws in the u. S. With the biggest changes that are recommending in half a century however, disagreement among party lines on these recommendations, the highest ranking gop member jim jordan calling a partisan and other gop members complaining more regulation of breakup will ultimately hurt the consumer, some compare it to the early congressional policies that were recommended that led to the 1980s ultimate breakdown of at t. Stuart i do remember that. The bottom line, any breakup is way down the road, any regulation. Susan i should point all four companies are under investigation by the ftc currently the Justice Department or attorney general, state attorney generals. Stuart they are still up there. Susan down 3 yesterday. Stuart come back now. Thank you susan, the white house has agreed to new fda vaccine approval guidelines, what does that mean we will likely not get a vaccine before the election, doctor bob is with us this morning, professor at new york medical college. Do you think that we will get a vaccine soon after the election, what is your timeframe on this. My timeframe on this, as i said before the holidays possibly but not likely, i think it will be more like january or february because we needed to month. After the vaccine phase three approval in order to see whether there are any side effects in certain vulnerable populations that have received the vaccine, we are looking realistically spring of 2021. Stuart realistically, that is six months away, that is somewhat in the distance before we can get a grip on the vaccine. Spraying next year according to you, i want to move on to one other thing, the Great Barrington declaration, they say the people involved, people should be able to live normally while we protect the vulnerable, they say open up and get on with life, thousands of medical professionals have signed on to this. Are you on board with opening up and getting on with our lives as a doctor questioning. Yes. It is very important, i have been saying this for months, i have been saying get the children back to school, we have not had, be a decrease activations of children, weve had problems with regard to cancer screenings, weve had cardiovascular disease, patients have been dying because they have not been coming to the hospital, deteriorating mental health, depression, suicide on the rise et cetera. The barrington declaration is very important, surprisingly has not got much coverage by the popular press but its focus protection, what they did in sweden, what we have to do to move forward in a very sensible fashion, i think the president has more or less indicated that should be the case Going Forward, our goal should be to minimize mortality and social harm and yet protect our society. Stuart i like to see this point of view get across more and get more publicity, the barrington declaration is very important. Bob lahita thank you very much for being with us as morning, we appreciate it. Next case, take a look at eli lilly, they want emergency use for the antibody drug after they announce partial results that the drug reduces symptoms, the stock is up 2. 7 3. 88, 140 a share. News on treatment. Mortgage applications, all right lauren give me the number, is it good news . Lauren it is good news, up 4. 6 last week, refinances up 8 on the week but 50 on the year, highest level since mid august, you have a situation where borrowers continue to call their lenders and asked to refi because rates are so low, one thing we are noticing, monetizes increasing thats because theres very little supply for entrylevel homes, if you are a firsttime homebuyer, you will need a bigger mortgage to afford the home but you also have the higher end buyers trading up so loan sizes going up, that is good and bad. Stuart got it, thank you very much, look at the futures, talk about a reversal, big selloff late yesterday, nice rebound this morning, the dow is looking for a gain of 200, is back above a 100point gain, green all over the place, getting around new york city strict coronavirus guidelines to do that saturday night live reportedly paid their live studio audience, meanwhile broadway shut down until next year, we have a lot more on that for you, President Trump authorizing the declassification with actions of the russia probe and the investigation to Hillary Clintons emails. It is a bombshell, is it too late to affect the 2020 race . And will Kamala Harris finally answered whether an or not she supports packing the Supreme Court, lou dobbs is here to talk about. Lou himself next on this program. Robinhood believes now is the time to do money. Without the commission fees. So, you can start investing today wherever you are even hanging with your dog. So, what are you waiting for . Download now and get your first stock on us. Robinhood. Should the Supreme Court be expanded. First of all joe has been very clear that he will Pay Attention to the facts and i am with him on this 1000 . Is at an idea youre willing to think about. We are 35 days away from an election. I will respectfully note that you declined to answer that question. Jake to offer his right, i did not hear an answer right there, its time to bring in lou dobbs and here he is, the man himself, the Supreme Court, surely it should take center stage of the debate tonight, surely Kamala Harris has to answer the question about packing the court. I think it depends on joe bidens former intern, dont you, the moderator is going to have great influence over all of this, none of us should pretend that this is an entirely objective enterprise, the debate selections all put it that way, to your point of course is going to be critically important in Vice President pence will be bringing that up if the moderator neglects as have some and the national leftwing media to ask these candidates tough questions and followup the tough questions that they did not ask, yes, i do expect it to be important. Stuart im dying to see if theres an answer, forgive me i have a lot of long introduction to the next idea that i want to raise with you, this is important and i want to get the details out for our viewers, President Trump has authorized a declassification of all documents with no reactions in the russia probe in the investigation to hillarys emails. This comes after declassified notes written by former cia director john brennan revealed that he briefed obama on clintons alleged plan, heres what he said, alleged approved by Hillary Clinton, a proposal from one of her Foreign Policy advisers to vilify donald trump by stirring up a scandal claiming interference by the Russian Security service, lou, president obama knew about it at that time, it goes right to the top and this shows it, this a blockbuster. It is a blockbuster and largely ignored by the leftwing national media, by the way this makes it very simple for the first time we have documentary evidence that this obamagate conspiracy led by the cia directing the fbi the Domestic Agency giving over control to the cia which is remarkable in itself and also unlawful, no one asked the question to this point, why did they not launch an investigation against Hillary Clintons campaign and the dnc with even the allegation that they had created such a plan to attack a candidate for the presidency for the first time in our countrys history, it is extraordinary and then to see the handwritten notes in which he is briefing the president of the United States and following his orders to proceed with the highest caliber investigators and most energetic prosecutors possible. This is outrageous on its face, the president has been right from the beginning, this country has been wronged deeply, severely biased leading intelligence agencies and chiefs of agencies from the Obama Administration and the department of justice and fbi, there should be hell to pay and by god the fact that william barr the attorney general and john durham assigned to get to the origins of obamagate have failed to produce any report, let alone indictment is outrageous because the proof is right in front of them, the first year prosecutor has a ca case. Stuart right on all accounts, but is it too late to affect the election in less than four weeks time. Part of me wants to answer the political question the obviously awaits that issue but first the nation has the right to know, these attorney general over the course of the past several years have a responsibility to overdue produce this, the dni and thank god for ric grenell and John Radcliffe who are turning this declassified material into the public knowledge, it is very important but now the political side of it is this, we have to know because that is the responsibility of government, politically, hell no, it is not too late, this president has to stand up and shove this right in the face of joe biden and bring him to account and bring obama to account and find out where the hell is attorney general has already done so, why did the attorney general say we will not bother former president obama, we will not bother joe biden, we do not want to investigate too closely, outrageous, we need to know, the country has a right to know and this is a populist president , this is about the peoples right to know and this is the peoples president , he needs to get out there and go get them, this is an outrage against the republic. Stuart lets hope it comes up tonight in the Vice President ial debate, mike pence will surely bring this up, i know you have a busy night ahead of you, youre doing your show live tonight, 5 00 oclock, 7 00 oclock and then you join our special coverage of the debate, that started to eight, you are on it and we appreciate you taking time out to be with us this morning, good stuff, thank you very much. Always great to be with you. Stuart President Trump tweeting in response to his own tweet last night he is calling for standalone bill on stimulus checks moving fast im waiting to sign Speaker Pelosi, all happening today, what a day look at the futures, i see green, i like to see green, of nearly 200 for the dow, look at the nasdaq, 110 points, we got it all for you after this. It was 1961 when nellie young lost her devoted husband. Without him, things were tough. Her last option was to sell her home, but. Her home meant everything to her. 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There is really nothing wrong with big tech, the sector world is away, people have been taking profits on positions out of absolutely skyrocketed this year, that is smart risk management, its a discount mechanism for the future in the top five companies, facebook, microsoft, apple, google, amazon are expected to grow earnings 20 next year, the other 995 companies in the russell 1000 are expected to grow earnings at 38 next year, at this point and make sense to reposition into other Asset Classes with more potential. Stuart are you confident the other 995 companies or whatever number it is what actually grow their earnings of 38 next year, are you confident of that . 38 might be a stretch but what i am confident in, they should double in the growth of the big five, we are actually seeing better opportunities and smaller