Now gms getting in on that. Connell top of the hour. Maybe a little upset about washington. Nicole petallides on the floor of the New York Stock Exchange. Nicole definitely seeing a sense of frustration on wall street got into the second week of trading that the government hasnt come to some sort of resolution. In the meantime the market has just been drifting lower. We are down 81 points, however it is just that kind of sentiment you dont feel like testing the market all 10 sectors are to the downside, still uncertainty looming about october 17 that silly and our Credit Rating and economy, not getting economic numbers into even get a gauge of how things are going so really the whole thing presents a real wild card. Breaking into key support levels selling upon selling. Connell thanks. To the ticking time bomb of Social SecurityDisability Insurance fund is front and center again. Wall street journal reported this is from the journal for years now, the fund would need to make cuts in benefits just in time for the 2016 election. Connell just today the senate is holding a hearing on this very issue. The corruption on this program. Something the senator talked about on 60 minutes last night. First listen to this. I want them all. We had to figure out how were going to fund it. My investigation tells me and my common sense tells me we have a system that is being gained pretty big right now. Connell jason riley joins us now to talk more about this. You journal folks have been on this for a long time. Some people call it the disability Industrial Complex and the right to do so. Talk motives driving our National Debt people talk about medicare, medicaid and obamacare. These disability payments should be part of that discussion. There is a lot of fraud and the main reason fraud is a big deal because money being spent on people who are not disabled the left money are people who really need it. Dagen this has been talked about by you, peoples Unemployment Benefits expire and then they go apply and get on disability. Its unfortunate that is not why this program was created in the first place but that is how the states have been using it. Particularly since elfare reform in the 90s. Bragging how may people were off of the welfare. Partly because theyre pushing them at the federal disability payment. What is driving this is the baby boomers retiring, Older Americans, lots more Older Americans but that is only part of it. A lot of fraud and abuse. Part of the problem as congress has continued to expand the definition of who is disabled over decades and it encompasses a lot more people than it used to and a lot more people than it was intended to. You have a whole Legal Industry around this program pushing people into the program, lawyers who is in fair practices finding push on to disability. Doctors who spent all day diagnosing people. Connell it sounds like a very important and get them at issue next statement the sound strange, we obviously think it is important but we could argue the republican strategy in the current debate is a mistake because it distracts from issues like this, i am sure there are others where if they went forward and approved the current Government Shutdown that we are in the middle of and fought over the debt, these issues would have come up more. What we see in this program affects disability claims rise when unemployment rises. There has been a lot more claims in disability because under obama unemployment has been so high. Economic growth has been so slow. The shortterm fix is Economic Growth. Fewer people make claims for disability. Dagen this has not fallen in lockstep t a number of people disability was the decline in unemployment becaus. It topped out at roughly 10 and that had been falling. It has not been shrinking. The problem of a federally funded program that is administered by the states, so basically individual states in control of money that is taxpayer money. Is that part of the problem as well . I would think that would be part of the solution. You want states to make it work. A lot of governors would welcome that. A lot of state legislatures would welcome that rather than topdown management of this program which is only going to drive cost up. Connell final thing by the way, you are optimistic this can see some reform here . I wouldnt go that far. I think we have to bring down unemployment in the short run, that is the shortterm fix so long as we have a president , this president , im not optimistic about that happening anytime soon. How these claims, it is as somebody said in the report on 60 minutes last night, have the people in america would be outraged and the other half would go signup if they knew how this system works. Connell thank you as always. Two well said. Thank you so much. At washington the list of ongoing uncertainties facing our economy. The Associated Press in a survey of households in the worlds 10 biggest economies revealed people are hoarding cash, spending cash, cutting borrowing for the first time in decades. All of that creating a very worrisome environment all five years after the financial crisis. Joining us now is Charles Payne and in philadelphia, jack mcintyre, portfolio manager. Is it surprising to you and worrisome to you as an investor this is ill going on some five years after the collapse of Lehman Brothers . It is actually not worry some, i think these are all kind of deflationary pressures and it tells me there is still some value in bonds, that is an under owned investment asset right now because everybody seems to hate bonds. Dagen you would buy treasuries right now . I still think there is still some value in treasuries. Better value outside the u. S. Or into emerging markets. What was the catalyst for the selling we saw from may to august. Backed with the fed was doing about maybe they would start to taper, but everything you just pointed out tells you we need to keep global monetary policy, the fed is not going to be tapering this year. Some of the higher yielding bond markets should do well. Dagen you had 3. 8, almost 4 billion coming out of u. S. Stock funds, money going back into the debt fund. Investors have been holding onto the very end even when there are warning signals, they have been so impactful, they could have gotten out of the Housing Market or whatever. Putting aside Investment Opportunity in bonds or wherever else can we idea people still this long after the Great Recession began, still this reluctant to participate. They are not taking the fruit. How do you trigger this Virtuous Cycle where people actually believe what people are buying homes, people actually on stocks were people open new businesses, people get married or people have kids. Making is great in the first place. Some of these countries are on the way out anyway. They have albums i think will not be visible per se. But can be the leader and have to be concerned of why people arent taking it. Dagen is it fixable . Are we japan . It looks and feels that way. There are some similarities. We do have population growth and ultimately Economic Growth comes from population increases and productivity increases but having said that the fundamental problem is still too much debt in the Public Sector and dont have enough growth to support that. Until that changes, we will see the angst out of washington. Negative or flat real incomes, that ghostly consumer psyche. It will keep them in the capital preservation mode as opposed to putting a lot of money to work in equities. Everything is bullish for day where there will be a lot of firepower to work into equities, but that is not todays story. Charles we have talked about it for a long time now, but i think you have two different things, the fed like to see some inflation, some enthusiasm and then you have fiscal policy that hampers growth, these two things coexisting and we get a relatively flat economy. Dagen you will need to be or wants to be a Business Owner as a stock investor rather than a lender to somebody or the federal government frankly. Charles it is all about confidence or lack thereof. Theyre sitting on a lot of cash as well. Dagen thank you. Nice to talk to you. Gentlemen both. Connell here is an easy thing to do, blame it on the Government Shutdown. The tsa says it was not staff enough to stop this nineyearold runaway from minneapolis to vegas. We will have that story. Coming up for you. Dagen and landing a deal that has bowling investors pounding the table. Connell General Motors trying to bring in younger customers with a new app. Straight ahead as markets now continues. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the allnew fidelity active trader pro. Its one more innovative reason serious investors are choosing fidelity. Get 200 free trades when you open an account. Peace of mind is important when so we provide it services you bucan rely on. With centurylink as your trusted it partner, youll experience liable uptime for the network and services you depend on. Multilayered Security Solutions keep your information safe, and secure. And responsive dedicated support meets your needs, and eases your mind. Centurylink. Your link to whats next. Dagen blackberry getting an upgrade and a few more buyers reporting interest in the company. Nicole, what is going on . Nicole where takin were takin, connell and dagen, at blackberry be it bucking the trend. On the news there may be some other potential suitors at least four parts of the companies. We talked about fairfax and servers having interested now we are hearing cisco systems, google and they could be in talks with blackberry at least about parts of the company. Other names thrown around including intel and Asian Companies and samsung. We will see, actually writing in a note to clients you should hold onto the stock until some sort of a deal is done. Right now about 8, but dont forget it is down close to 50 . Cisco systems and google to the downside much like the major market averages. Back to you. Connell thank you very much. You have this nineyearold boy all over the headlines, he manages to get through security, no ticket, the flight crew becomes suspicious during the flight, supposed to have intended minors on the list. The staffing is currently low because the Government Shutdown. They missed it. So the staff became suspicious and went back to minneapolis, get through security, no boarding pass, nothing. Dagen did they not see him . It is also the airline. The airlines fault not checking boarding passes at the gate. Have a seat. Dagen they do have that list, they are supposed to keep an eye on. Was on a flight, the Flight Attendant come over to take good care of them. Got them to the next spot. Dagen they did all that. Just awesome. Another Airline Story for you dealing a blow to bowling. When in the first ever order from japan airlines. Over nine and a half early in dollars. They come after 787 dreamliner was delayed for a few years and grounded this year with battery faults. The breakthrough has proven huge for airbus whose japanese deal came mainly from lowercost carriers leasing their planes. The new order plans are expected to Enter Service in 2017. Connell luckily everybody in Business News communities are out of dreamliner jokes. Such a long run to get them up in the air. Dagen i have not had any dreamliner jokes because it is not funny. Connell that doesnt usually stop you. Dagen tornadoes a concern for the northeast, namely new jersey. We will have the details from the fox business weather center. Connell General Motors online. Saying she would buy a car online. Gm taking this new play for tech savvy. People like dagen. A look at world currency today against the dollar. If youve got it, you know how hard it can be to breathe and man, you know how that feels. Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverscopd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. 22 minutes past the hour, this is your fox news minute. U. S. Forces conducted to raise this weekend, one in libya was successful but another in somalia was not captured a target. In libya snatched off the street but american commandos, on the fbis most wanted list prior to the next 98 embassy bombings. Firefighters are gaining ground at a wildfire at camp pendleton. Valuation orders have been lifted alone about 230 residents to return to their homes near lake oneill. The blaze that broke out saturday is 20 contained. Total containment possible by tomorrow. And in sports, three times in annapolis 500 champion was involved in a horrific crash in yesterdays grand prix in houston. He suffered a concussion and 13 fans were also injured. Those are your headlines on the fox business network. Now back to countdown to the closinconnell and dagen. It is hd not think he was even more injured than that. Dagen it is incredible the Safety Measures they put in those cars. Thank you for that. One thing if you watch the capsule the car sits in. That was the ultimate protection. If you watch that, the rest of the car comes apart. Instead of just bursting the energy of the impact. That is one thing that will save lives over and over again. Got killed actually two years ago this month or next month in las vegas, so they have come a long way. Connell wild weather across the country this weekend a tornado that ripped through nebraska, millions of dollars in damage but thankfully everybody in that area has been accounted for. Dagen tornado watch in effect on the east coast. Fox news meteorologist maria molina has more detail. Nicole good morning. The same storm system, this is the same storm system that produced the tornado crosssections of nebraska and the same storm system that dont more than 2 feet of snow crosssections of the dakotas. Looking at incredible activity with this storm system moving eastward producing a risk of Severe Weather across upstate new york, parts of new england like the state of vermont and massachusetts, connecticut and all the way down into the midatlantic and putting parts of maryland and the state of virginia. The two main concern today are damaging wind in excess of 60 Miles Per Hour and isolated tornadoes. You can see already pushing is word through pennsylvania and parts of upstate new york. We do have a tornado watch you mentioned, this one includes portions of upstate new york into the city of washington, d. C. , in effect until 5 00 p. M. Eastern time. We have very warm conditions, humid conditions and that will help the thunderstorms that could produce Severe Weather in the form of tornadoes or damaging wind is. Wins. Some of these could reach 75 Miles Per Hour. So stay alert. And he tornado Warnings Issued for your county, seek immediately. Back to you. Dagen thank you, maria molina in the fox business weather center. Connell Home Renovations coming up. Home renovations with a heart because we want to make you feel good on a monday. They will talk about what helps out Community Heroes. Dagen gravity making one giant leap putting up an october record. Sandra bullock and George Clooney in space. Does h it get any better than that . Here are some of the days winners the s p. . . Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Stick with innovation. Stick with power. Stick with technology. Get the flexcare platinum. New from philips sonicare. Your Financial Advisor should focus on your longterm goals, not their shortterm agenda. [ male announcer ] join the nearly 7 million investors who think like you do. Face time and think time make a difference. At edward jones, its how we make sense of investing. Dagen why am i smiling . I was talking cars. That is part of what is coming up on markets now. General motors going online to bring younger customers, but dealers getting left out in the cold. Renovating homes for heroes. Lending a helping hand at home literally. Putting up a record at the box office. 3d, baby. 3d. Connell we had to go back to Nicole Petallides. Nicole has two stocks bouncing back after heavy selling last week. Nicole you may remember the dramatic fire video everybody looked out the tesla model s on fire that stock dramatically sold off and try and recover all of the losses. You have anil is coming out, raising the price targets 210 up from 160 with a buy rating. The ceo talked about the fact this is a large oddly shaped object that hit the car causing the fire, there is no risk compared to gas cars.