144,000, 65000 people hospitalized and we are averaging over a thousand deaths a day. A new round of restrictions would surely slow the economy and put more people out of work, heard even more with travel, retail and Entertainment Industries perhaps, thats one reason the market is selling this morning. After the huge recent gains the dow looks to be down about 200, s p down about 10. Look at the nasdaq with a modest bounce to the upside with the dana may be a quarter of a percent of the standout political headline comes from Bernie Sanders. He says yes, if offered the job of labor secretary in a biting next he would take it. On that, we will say this, varney co. Is about to begin. Stuart born to be wild, well i guess thats fairly appropriate. What you are looking at is rather empty new york city on a rainy thursday morning. Of course, its been half empty for about eight months and Governor Cuomo has more restrictions on businesses. Ashley, bring me up to speed. Ashley he certainly has. We are going backwards, are not with the governor imposing new restrictions putting a limit on the number of people allowed to gather in private homes. I always wonder how they enforce that. Anyway, there is a on bars, restaurants and a jims. They must close by 10 00 p. M. And the new coronavirus cases it reaching 144,000 and there you have the restrictions in new york , but not just new york as you outlined others at the top of the shows. The governor in ohio threatening to close restaurants and bars and imposing a mass quarter and could close businesses who dont comply. In indiana limits imposed on social gatherings and School Events for most of the state. To point out while that cases and hospitalizations are on the rise, the number of deaths at last count was about half of what we saw in march and april if you are looking for some piece of good news. The number of new infections is going up across the country in most places. Stuart look, the second wave has arrived in new restrictions as well. Lets bring in doctor marc siegel, medical contributor. Doctor siegel, i know you dont approve of lockdowns, but severe restrictions seem to be on the way. Where are you going with this . They are going on the way and i dont need to tell you what the Enormous Economic cluster that is and im also concerned because they dont actually have anything to do with the risk of the virus. I think if you social distance and wear a mask and you dont go to large gatherings well, weve seen large gatherings across the country and now, we are talking about this i did new york city about not having bars open after 10 00 p. M. What happens after 10 00 p. M. . I mean, i know people drink more, but you will end up closing these bars. The york city Restaurant Owners have said that they dont think they can go six months and keep the restaurants open so i think we have to look at this on an individual case basis. The reason lockdowns dont work is because most people especially in poor neighborhoods are spreading it within households, not in restaurants or these establishments and the cost of locking down and shutting down and stayathome orders as people dont get medical care. They dont get psychiatric care. They dont get proper nutrition. More childabuse. Their skyrocketing depression rates. Job loss is a tremendous problem in terms of mental and physical health is so i dont think you can separate these things out and lockdowns dont work medically as well. We had to stop congregating, wear masks , distance and wash our hands and target our testing so we can separate out people who are positive. Stuart say goodbye to thanksgiving. A doctor, stay there for second. I will get back in a moment. I have an important story. Ticketmaster may require vaccine were testing proof to go to a concert took this sounds like a vaccine certificate almost like a passport. Susan may only be the beginning ticketmaster plants with customers use cell phones to verify vaccination or show a negative test within the past 24 to 72 hours. There are different apps and companies tracking your Health Status of ticketmaster will use accommodation of digital ticketing and Health Information firms that track your Health Information and coordinate with Testing Companies so the board reports ticketmaster wont be able to store the information or access your entire medical records, but how it works, you instruct the lab to send test results to their company like clear, ibm which will be verified in a ticketmaster app. Imagine that its not just concerts. Think of movies and also sporting events, i mean, what about workplaces in the future . Stuart getting on a plane, going on a cruise. Susan what about privacy concerns . They say that they cannot access your records. Stuart lets get back to dr. Marc siegel. The cdc is now updating its original guidance and assess facemask to protect the wearer. Thats a reversal is not, doctor . They had a study out two days ago that looked at 200 countries around the world. They looked at thailand, the original operates in china, the uss Theodore Roosevelt in the us, multiple states and canada and determined masks were more effective they thought at decreasing not only if you are sick, not just by increasing the amount of respiratory droplets in the air but also protecting you somewhat against incoming if you wear the mask properly and change it frequently. Most importantly, by my estimation if you dont use it instead of other things like staying away from people. If you huddled together with someone and you are wearing a mask you can still spread this so the answer is not that the mask is beall and endall but more effective than previously thought. Stuart is awfully difficult to stop americans from congregating in groups of more than 10. Very difficult. Stuart, to ashleys point you dont want to go to peoples houses. Thats like something out of the soviet union, i mean, we cant have that loss of freedom, no way. Stuart im sure we will get more from you today and in the future. Dr. Marc siegel, thank you. Bill lachman is on the screen, powerful wall street guy, not always popular. He said the market is in for another dip on the virus second wave. What say you . Ackerman made a big bets back in the first wave, stuart where he made an amazing amount of money and ended up taking about 30 million turning it into 2. 4 billion. Hes making a smaller bet that on the same derivatives, those default slots where he hope the insurance will pay off. I believe that this time around we will be a little bit smarter about the Economic Impact of all those things you and doctor siegel were talking about. I believe we will see a bit of a market downturn if we dont get this thing stopped soon, slow down, but i dont believe we are looking at march april type of numbers. Stuart would you agree that the dow jones looking down about 200 right now is down in part because of the second wave of writing and a new restrictions on the way . Absolutely. We know that for sure, stuart, because the moment the cuomo news that ashley reported on a few minutes ago, the moment that hit the dow jones took an immediate drop. I was watching the tickertape is a happen, so yes, its a big thing and the great news is that every time we have had Something Like this happen all the way dating into july, we get a rebound because of the bigger story. There is so much money and a so much fear of missing out into the next up late, each one of these down dips has been bought and its going to happen again. Stuart i know there is one dip stock you like and thats nvidia give me 20 seconds on why you like it and you will try it now. It has just pulled back 14 . They were up a bit yesterday after i wrote that it noted to you. They are taking intel server business along with amd because of intels tech problem. They bought the Arm Technology and they will expand that. They are going to be a longterm winner in the Service Business and it is stock has much more upside plus they are a big candidate for a slip just like we saw it has led apple with their stock trading up between five, 50 550 and a 600. Stuart d. R. Barton, thank you for joining us. You are looking at futures right now. This is how the market is expected to open in about 20 minutes. Down for the dow jones, up slightly for the nasdaq. President elect biden says hes better than President Trump at handling the virus, but do you remember ibo at page one and one . Well his new tv chief of staff doesnt think biden handled that very well. Watch that. We did not get everything right in ebola and we were late on many things that we made some wrong choices. I was working for Vice President biden and was not involved directly in the h1 and one response. Age we did everything wrong. Stuart is expected to be a key figure in bidens response to the virus and we will have more on that throughout the show. Heres a headline from the wall street journal written by karl rove this Election Results will not be overturned. Does Mike Huckabee agree with that . I will ask him because he is on the show next did you know you can go to libertymutual. Com to customizes your Car Insurance so you only pay for what you need . Really . I didnt aah ok. Im on vibrate. Aaah only pay for what you need. Liberty. Liberty. Liberty. Liberty. Noand if youre troubledan a lifby falls and bleeds,ers. Worry follows you everywhere. 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The moment you sponsor a job on indeed you get a short list of quality candidates from our resume database so you can start hiring right away. Claim your seventy five dollar credit, when you post your first job at indeed. Com home. You may already know that goodrx can help you save up to 80 on your prescriptions. Unfortunately, Many Americans cant get to a doctor right now. The good news is that for many Health Issues you can see a doctor online. Its easy. Just go to goodrx. Com and with a few clicks youll be treated by a licensed medical professional all from the comfort of your own home. Visits are confidential and affordable. Need a prescription . Your doctor can send it to your pharmacy or have it mailed to you. Get the healthcare you deserve at goodrx. Com. Stuart a little active discussion about my future investments with susan li. Futures is down about 200 on the dow jones, but up modestly on the nasdaq with a split market so far. Bitcoin just crossed 16000, First Time Since a 2018. They have had a good run a. Susan if its a so risky why dont you buy bitcoin with just a few years away from retirement 60 in two months which is explosive. First, people are buying it as a guest government chaos, more money printing and more adoption of the cryptocurrency which is now going more mainstream and paypal is really the turning point allowing 300 million accounts to use bitcoin and now traditional hedge fund billionaires, we are talking about paul jones two has been a while for a while and another Important Note is bitcoin has broken out of this correlation with gold prices, which i think tells us 20000 may be around the corner because golden bitcoin were going the same direction as hedges against say more inflation in the future. Bitcoin has gone up in gold down and 20000 they say is around the corner. Stuart its interesting all the billionaires, if they are getting into bitcoin thats interesting. Susan we were talking about what you should hold heading into retirement and maybe bitcoin is a risky. You know, you decide for yourself. Stuart i will, susan. Lets get serious. Headline written by karl rove this election result wont be overturned. Im quoting from it on the closing of this election will be a hard necessary step towards restoring unity and political equilibrium. Once his days in court are over the president should do his part to unite the country by leading a peaceful transition and letting grievances go. Former governor of arkansas Mike Huckabee joins us now. You heard mcardle karl rove has to say. Whats your opinion . I dont know if you got the memo, but fox will start paying us all in bitcoin so thats great news for all of us i hear what carly is saying and i appreciate it, but lets be clear its not just about recounting the votes come its determining if the votes counted were legitimate votes. Thats the big issue, its not account, its a structure. Here is what i would love to see the former Vice President do, why doesnt he come out and say in the interest of the integrity of the election im going to join with President Trump in asking for total transparency, a complete review of all of the elections and ballots and that way if it is determined that i in fact have one with legitimate ballots there will be no checkmark on my presidency, but if it turns out that there was, then we will at least have a rightful conclusion. That would be a wonderful thing. He wants to bring unity . Thats how you do it, not by making a speech. Take action that sows shows the 71 million trump voters that you really want to assure them they are election was every bit on the up and up. Stuart you have to check everything so we can tell america that this is an election on the up and up and the result was fair. You have to check everything. Do that and everyone is happy. One more for you, governor. The gop, after this election going into next year, do you think they still need trump . Absolutely. Know when generated the level of enthusiasm that he has. Look at the rallies and the people i mean going out on their boats in their cars and trucks. Let me explain why. This is what i think is being missed by the People Living in the bubbles of new york, washington, Silicon Valley and hollywood, these are people who know they have been left out. They have been just diminished and the smugly looked down upon. Trump has given them something to believe in about america that it is still their country also and he didnt have to be bitcoin billionaires in order to live the american dream, so what i hope the gop recognizes is if you can find the energy to energize not only that vast parts of the middle of america, but that turned on new africanamerican, latino and other minority voters, women about safety and security, you could build a coalition that would be hard to beat and thats what i do believe and ron mcdaniel gets it. Im grateful for her, but thats what the president has done and the republicans would be stupid if they didnt see that. Stuart he created a new Republican Party within the Republican Coalition and he needs to stay. Governor, always a pleasure. I wont ask if you have invested in bitcoin. I will say that for another day. Governor, thank you. See you soon. Thanks. Stuart we have on the screen salesforce which has done particularly well this year, real big again 102020, but i believe they have a downgrade. Susan downgrade from Morgan Stanley being cut from overweight to equal weight meaning dont buy it but dont sell it. More of a whole. Predicting the stock will hit 275, about 9 higher from current levels. Most Cloud Companies have done well this year with covid lockdowns and people still need to access their information from home. Ernies, the amount of cash they make will be pressured because of this new prescription model which i think is smart. Will, alibaba, microsoft, amazon, google all of these shares have been propelled because of this cloud trend we have seen and salesforce is up about 60 this year. Are you shooting for the lights then with your Retirement Fund if you are so high Risk Appetite . Stuart lets not get into this, susan. You are killing me. We have another two and half hours to go on sure we will get into it. 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