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a top ice official testifying that the white house has removed but a fraction of the migrants compared with past administrations. we're all over it with a lexis mcadams. republicans say they have a plan to keep the borders secure. and texas democrat congressman gonzalez on safe zones that he says will stop the problem. welcome. i'm neil cavuto. another busy news day. let's go to alexis in el paso, texas where we're finding out that border surge is very, very real. >> that's right. it's been another busy day here at the southern border. behind me you can see the rio grande river. as t...

From first of all -- the savings rate is normally 7%. it went up to 35% or high 30s in the middle of covid. now it's settled down to 5%. so, you know, about the historical average. the amount of cash that is sitting in savings accounts is considerable. >> neil: let me ask you, it's a gut read on your perspective here. i value it. all of this hiking we're seeing and the fact that it's hit stocks hard. for all the hikes that we're seeing, we could be quadruple the rates at the end of the year. no impact on prices yesterday. maybe that comes. how long does it take? >> it's going to take awhile. t...

It was spelled paciic. it was a genuine and costly mistake. they joked about it saying oops. this special won't last long. she is going back to the shop. >> everybody needs a good copy editor. it was the daily news which had a great headline. they don't give a flying f. let's get a check of cnn money. the u.s. is embroiled in trade war with china, but wall street with record highs. dow and s&p less than 1% from records. banks were big winners. jumping 2% as the ten-year treasury yield hit the highest since may. the trade war with the u.s. and china has hit stocks for months. markets are on t...

Suffice it to say, the concern that there might be another unknown, another variable. as ted pointed out, maybe nothing at all. just not knowing for sure kind of hit stocks. things stabilized. slow day anyway. let's get the read from where this could go and what wall street would worry about in that event. charlie gasparino following this. >> it's been this way throughout the entire saga with mueller and trump. anything that goes to trump, cohen maybe having tapes, if he has one, doesn't take a leap of faith that he might have ten. >> neil: explain that. this is a president that is very good f...

Monday. there's not much holding the market back when you look at the big picture because with the default averted, also in the middle of the fourth quarter, so it's historically a strong one so you're going to be looking at the trend really to be higher. of course how long that will last is anyone's guess, as i said we are seeing some caution not expecting huge gains today but even just one measly point on the s&p 500 would be a new record and what a fantastic run it's been for the s&p 500, up 22% this year, historically a more normal gain on the s&p is 8%. dow is not too bad either, only 2% ...