About the blockbuster revelations about hunter biden, biden got a pass, the network fix was in, beat up trump, give biden a pass. We do have news on the stimulus. A little give on the part of the white house, Speaker Pelosi and secretary mnuchin have agreed on the democrats Virus Testing strategy. It is not much, a strong report on retail sales just came out, a halfhour ago, big loss for the stocks yesterday but a rebound today in part on the back of the retail sales report. The dow is up triple digits 130 points, the nasdaq, 93 94 points higher. Censorship are very much in the news, social media may be in trouble after blocking coverage of the bombshell allegations against hunter biden, the authorities are taking a close look at facebook, twitter and other social media liability immunity after four years of obvious media biased in social media censorships and is there any doubt that you are blocked so frequently from seeing or hearing conservative opinion. We will get more on that coming up, we have a big show, larry kudlow, lara trump, jerry morniy some more of it but not right now. A tale of two townhalls for joe biden and President Trump, biden was thrown softball questions while the president faced an aggressive tone and an aggressive line of questioning from nbc Savannah Guthrie. Watch this amazing contrast. The answer is yes i will, but i wanted to be an honest election. What that question expanded the core are you still not a fan. It depends on how this turns out. You asked pointblank to denounce white supremacy, in the moment you did it. You have done this to me i did announce white supremacy. Besides ua black, what you have to say to young black voters. Its a sacred opportunity to vote. Did you hear what you needed to hear. I think so. We have a lot more of this coming up for you and we also look ahead to the next debate we will do this all for the show this morning. Next case the other major story, the stimulus, new developments. Susan happy friday, President Trump will lean on Senate Republicans, that does include Mitch Mcconnell in order to get a stimulus deal, thats a promise from Steven Mnuchin and his one hour phone call yesterday with House Speaker nancy pelosi confirmed by polo sees people, the speaker also raised leader mcconnells comments about not being willing to put a comprehensive package on the senate floor, the secretary indicated that she would lead in with mcconnell should an agreement be reached, remember President Trump told you he would go higher than 1. 8 trillion, the leader said he could not sell the type and number two his members looking for a vote on a 500 billiondollar package instead but bloomberg reporting that nancy pelosi and her democrats last night, she said that their party has a leverage in the stimulus discussions. Stuart i think we better bring in Mick Mulvaney, former white house chief of staff. He is with us this morning. You and i were convinced that the politicians would spend a big package right before the election but it does not look like big packages are going to happen, what do you say. I still think theres a chance, good morning and thank you for having me but you and i have said from the very beginning we thought there would be money that would be spent before the election i still think thats the way the needle is moving i think folks are paying attention that there could be huge Political Risk to the president at this time by doing a deal this late in the game you talk about media bias, and certainly if they do a deal at this late point in the discussion, nancy pelosi is going to say the president cave, the press will play up the angle and it could hurt the president politically. At this point, both for economic reasons and political reasons, i hope there isnt a deal but i think there still may be. Stuart i want to talk to about getting out the vote, youve seen the numbers, as i understand it, the republicans are signing up far more people than the democrats in key states, is accurate. It is and ive been in a lot of the key states campaigning for the president , i was in pennsylvania, ohio, wisconsin, minnesota and the Energy Levels which are very difficult to move through a pole and very, very high, the president supporters are very energetic and they want to go out and make phone calls and knock on doors, they are looking for ways to help in looking for the campaign to tell them more of what they can do, we dont see the level of energy out of the biden campaign, we certainly see the money flowing from the left from places i dont understand numbers that are mindboggling, the grassroots effort does not seem to be there, i dont see it when i travel to the midwest. Stuart can we conclude like this, it isnt over. Is a long way from being over but we knew that was going to be the case, the country is going to be divided into closely fought election in a very interesting election night. Stuart three questions into a half minutes in Mick Mulvaney handles them all with a plum i might add. Thank you very much, i know its a friday but you dont look tired at the end of the week. Thank you very much see you again soon. Lets get to money, look whos here jonathan hoenig. You run a hedge fund, but the longterm prospect, what is the market telling you about the election, selloff or rally . Its unfortunate forcing to think shortterm but i have to congratulate you, i watch the Network Interview last night but your interview with President Trump was not only market moving but a comprehensive without being unnecessarily aggressive, congrats to you. Stuart you are guaranteed a spot on the show next week, just proceed. The president is making our job more difficult, crystal ball might be easier to decipher the money because theres so many variables, the stimulus which are reporting, the pandemic is still going on, still locked onto the potential for lockdowns here and abroad in Something Like the election, that is looming large over the stock market 18 days away, what is interesting, theres been a lot of predictions that the market would fall if biden was elected, as weve seen bidens changes of increase in the election market, the stock market has not fallen off but its diversified, the big tech which had been leading is being replaced by smallcap stock up about 9 september or more correlated solar stocks are up 150 this year and they actually move with bidens odds, were not seen as selloff but the market seems to be moving away towards others as bidens chances go up. Stuart fascinating, thank you for joining us, we always appreciate it and the flattery is on me. Thank you very much. Susan no kidding. Stuart wheres the flattery from you. Susan just wait we have three hours. Stuart i cannot wait. I have twitter on the screen, a global outage on thursday, i didnt notice because im not on their. Susan exactly what is going to say. You would notice if you did social media, and accidental change to their internal system, not a hack or security breach, this one near 90 minutes outage, that is a long time only restored until after 7 00 p. M. For just a few users, thats a long time for company of this size and the number of users, comes on the heels of a New York Post controversy were Senate Republics voting to subpoena, jack dorsey possibly testify next week on the censoring of the hunter biden article in twitter changing the rules in the controversy as well, they had blocked the sharing and viewing of the post article because they say it violated their platform policy and rules on the sharing private email address and phone numbers but now they say going forward, twitter will only remove content if it was posted by hackers or anybody associated with them. Stuart theres no suggestion of a link between outage and biden. Susan was bad management of an api, i want to explain that because you probably will not understanding. Period interfacing, how about that. Stuart got it. Check futures please, we still see a lot of green, up 80 for the dow, 82 hire for the nasdaq. Still to come this is the friday edition of varney, the president told me yesterday he wants more stimulus money but mcconnell says not so fast, all asked larry now what. He is on the show, joe bidens views on packing the Supreme Court or mandating a vaccine, his answer, it depends. Watch this. It depends on the nature of the vaccine, the answer is depending on, that would depend on, i have not been a fan of court packing, depends on how this turns out. It depends on how much they rush this. Stuart 18 days to the mhm, yeah, that too. I dont want any trade minimums. Yeah, i totally agree, they dont have any of those. I want to know what im paying upfront. Yes, absolutely. Do you just say yes to everything . Hm. Well i say no to kale. Mm. Yeah, they say if you blanch it its better, but that seems like a lot of work. Now offering zero commissions on online trades. We charge you less so you have more to invest. 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Susan we are above expectatio expectations, higher by. 6 in the month of september and this is important because this is the month on month figure, this is a realtime analysis on how well the economy is recovering from coronavirus and better than anticipated. Stuart up how much. Susan up. 6 , i really said that, im sorry its down. 6 , i heard. 6 is up but that the reversal, manufacturing is not doing as well as anticipated, this may be a negative headwind. Stuart i think you climbed out of that hole that you dumped herself rather well. The dow is up 86 points, no impact from the negative industrial. Lets move on, what do you got lauren, a big surprise, you do have a big surprise, retail sale did very well, beat expectations didnt they. Lauren these were very strong up 1. 9 in september, september was a second month without the government benefits. Where is the strength, i think another answer, clothing goes back to school, changes season, auto sales and sports and hobbies, it could be that we saw so much strength last month that consumers save 1200 stimulus checks and put them to work, october will be the key number and most people will agree you get the early holiday promos and we will see if they continue to spend, one more thing i think this is key, the retail sales report does not track a lot of the spending on services and most of them are shut down or limited we are seeing a shift what you would not spend on services is going to tangible items. Lauren a very strong report for september. Stuart we are not spending so much money on hotels, travel, airlines, restaurants, bars, youre not spending as much money there as you used to now you got money left over to spend on retail stores, thats another part of the story. Thank you very much indeed, look who is here gerald storch, let me crossover those retail Sales Numbers and go straight to amazon, prime day is done, was it a blot success . The stock is up. I think it was undoubtably a huge success, most people think they did around 10 billion in sales over the today. The only number released was a thirdparty seller and they said they were way up 63 , and they are releasing that number because a lot of pressure and amazon on how they treat the thirdparty retailers, they say the thirdparty loves us but look how they are increasing, that is actually true, people do a lot of business on amazon. It was a great fantastic start to the Holiday Season, not just the amazon the other retailers jumped on the bandwagon and those increases are up more than amazon during the prime day. People like walmart, target, best buy their websites were screaming, holiday sales are up to a fantastic start, september retail sales were the best in recent memory and that is with restaurants being down in that number, the best in recent memory, retail sales in october and the bag frankly with what is happened with prime day, the real question will come down to November December to see how Holiday Season will be, i think it will be great. Stuart you told is very frequently if you look across the spectrum of retailers, you like obviously amazon, leave them out, you like walmart, target, costco, bed bath and beyond and i think a couple of others on the list, what do they have in common that makes you like them so much. One correction, bed bath and beyond i dont like, best buy i put on their and bbb why an extra b and bed bath and jan, they have extra value, there is a massive consolidation going on in retail, the winners are winning much more, the losers, the smaller guys are doing not as well so is concentrating into the retailers, they have been doing well for a couple of years and they will keep doing well, i think walmart, amazon, target, best buy, home depot, Building Services continued to be on fire, dollar general, offering value, these companies are going to continue to exceed their performance of retailers and as well they have done, they have a lot more runway ahead of them. Stuart last one you said is good to be a great Holiday Season, how much will retail sales be up over last years Holiday Season. Year over year 5 overall, 8 in core retail went to take out the gasoline, 8 , ive never seen a number like that, not in years not since a hyper inflationary. What a phenomenal number, we are off to a strong point that i dont agree it will be up slightly, i think were looking at 4 5 gain and same sales, some is transferring from Services LikeAirline Flights but that has been true for many, many months and those services are recovering and retail sales continues ahead of them, even as they are recovering, i think it is going to be very, very positive Holiday Season. Stuart a great delight to have you on the show this holiday weekend, were almost in the Holiday Season. As always thank you. I have amazon back on the screen again because some senators are questioning that they track employees, im not sure how this works but tell me more. Ashley that another accusations, they wrote a letter in the letter accuses amazon ive track it in monitoring employees, and limiting efforts to storm unions, this letter comes from wellknown people, democrat senators bernie sanders, elizabeth warren, kirstekirsten gillbrand, and the details on how it allegedly discourages workers from organizing, tracks workers who were dissipate in strikes and the law firm to amazon contracting over union issues. Amazon says, the company respects its employees right to join or former labor union without fear of retaliation, intimidation or harassment also adding that the company of what labor groups are requesting, as for monitoring amazon says its not private policy and against company standard. Amazon is also being criticized for the response to the pandemic and putting workers at risk, just this month the company said more than 19000 frontline workers have tested positive but consider this, it is just 1. 4 of the total workforce. Stuart have to wonder if amazon was unit untrained unit sized 100 would be the same brilliant company, i dont think it would be. Look at the futures market, some green, it is not a huge rally but triple digits for the dow and up 85 for the nasdaq, we will take you to wall street this friday morning right after this. I had saved up some money and then found the home of my dreams. But my home of my dreams needed some work sofi was the first lender that even offered a personal loan. I didnt even know that was an option. The personal loan let us renovate our Single Family house into a multiunit home. And i get to liv