Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11, 19 years on, Varney Company is about to begin. Stuart its a solemn anniversary that we observe this morning, 9 11 Memorial Services are being held across the country. Here in new york city Vice President pence will where the towers fell. Meanwhile President Trump on his way to schinkel pennsylvania as we speak paying his respects to those who died on flight 93. We will be following this route the program and you will see it all let me turn away from the 9 11 anniversary and go towards money and the market. Im starting with microsoft. They are sounding the alarm on the election interference. Susan tell me exactly what theyre saying. Russia, china and iran are trying to interfere with the election. It attacked the dnc four years ago, theyre back at it again targeting both democrats and republicans trying to hack personal email accounts and consultants on both sides of the aisle and meantime chinese hackers are targeting the Biden Campaign according to microsoft while iran is focusing the Trump Campaign so microsoft findings followfalls on the u. S. Governmt intelligence findings warning that russia, china and iran were actively taking steps to interfere in the u. S. President ial election google in june said it had also detected other test from china and iran as well so probably the most important part of the election system for balloting of voting have not been broken into and thats according to the cybersecurity expert consulting the white house Election Security but it shows that you have the foreign agents in the foreign governments that are looking to persuade the vote. Stuart some going after Trump Campaign and some going after the Biden Campaign. Its i equal opportunity hacking opportunity. To you for an interesting they claim both sides, they thought maybe they were helping the Trump Campaign. Stuart thank you susan. I want to bring in market watcher jonathan hoenig. I want to talk to about election chaos. It seems that chaos is absolutely inhabitable and i dont think were going to get a result on election day even election week. As a manager of a hedge fund, how do you plan for this type of coming chaos. It makes it very difficult, i have to say my thoughts this morning and today are with the families of the victims of 9 11 with tremendous appreciation in the families and First Responders. Im not religious but i say to all of them god bless you and my thoughts are with them. Youre right, its going to be chaos and is not just my estimate, i looked at the derivatives and their estimating chaos, big spread is indicating that this will be the most volatile election in three cycles and what they call the swatch ands market, sounds a little in the weeds but its estimating election that will be four times more volatile today itself then normal. Russians are hacking, iranians or hacking, as soon susan talked about what can we as investors do, we should be angry at governments job to crackdown on this. Why can google give me ondemand for my iphone but government cannot crack that. They seem to cannot crack down and give us a Fair Election free of the type of meddling. It makes it that much harder to be an investor, not just because of the economy but knowing all of the foreign actors are actively trying to interfere in what should be a free and Fair Election. It makes it more difficult to invest. Stuart your running a hedge fund, what are you doing for 50 odd days in advance of the election what are you doing what are you buying. Were doing it successfully in my fund is up 17 and were diversifying away from the big names that make up the s p 500 and the nasdaq. We talk about apple and microsoft coming to dominate the embassy but were looking at access like platinum, commodities and variablerate preferreds to try to diversify and get out of holding what is been the winners in the last couple of months. Diversified thats only way you will survive in this market. Stuart diversify, i got that. See you again soon. I want to show you peloton, why not, surging premarket after a spectacular Earnings Report, lauren cumin, spelling out how good was it. Christina people love peloton, companies swung to its first ever profit, sales nearly tripled, doubled subscribers and they plan to do this all again next year. Theyre predicting 2. 1 million subscribers and revenue of three and half billion dollars in 2021. Just one year ago the company ipo and it went from having a cold following in the new more expensive bikes, and plans to resell customers old bikes at cheaper prices when they trade them in. So they have more price point and they can attract more customers. The stock we saw up today is pushing a record 100. We will see if it gets there today. Stuart tell me about lululemon, theyre promoting class on resisting capitalism. But dont they sell hundred dollar yoga pants . Lauren its hypocritical, absolutely. Will show you the post, this is what theyre promoting on instagram. There d colonizing gender and resisting capitalism. See it in green on the bottom of the screen. I dont know, capitalism made lululemon, they sell yoga pants upwards of a hundred bucks. So the backlash the receiving on social media is swift and this class is scheduled for next week. Do you think they will cancel it . They might. People do not like when theyre forced stuff like this. If youre going to sell expensive close, capitalism is alive and well, why resist what you do. Stuart sad point. I cannot explain why they would be doing that. And i suspect they will indeed cancel it. We shall see. Ladies and gentlemen, the season officially kicked off last night not without controversy. I take it that social justice was front and center. Ashley it certainly was from the very beginning the chiefs taking to the field for the very start of the nfl and they were out there for the National Anthem and lift every voice and sing considered to be the black National Anthem and by the way the texan remained in the locker room that was their way showing solidarity apparently in the cheese players stood and locked arms during the anthem and before the coin toss both teams shared a moment of unity and midfield but if you listen it sounds like the fans are booing. Take a listen. [crowd boos] ashley interesting right. If that is not booing i dont know what it is. Pretty interesting it sounded like booing. Nbc commentator chris deliver the message before the game, take a listen to that. Were not. Anyway Chris Collinsworth says he stands with the players 100 in says social reform in this country is long, long overdue, that response and other responses on social media was very mixed, some say bottomline politics has no role in sports. The nfl took heat for the end racism slogan painted in the end zone at arrowhead stadium. Some people took issue with the cheese logo next to the message believe in the chiefs should change its name and other thought it was weird to have close to that message as well. You can see bottom line the season is underway and we will see this a lot truck the season and by the way the chiefs 131 20 per there you go. We are up. Stuart the bottomline politics is firmly entrenched in sports. Thank you. Check out the future, we have some green, not a lot but after yesterdays big selloff we will be updating for the dow and 37 on the nasdaq. More than 160 new york city Business Leaders are calling on mayor de blasio to crackdown on crime and improve the quality of life, those are issues that are plaguing the city of the moment. They warned that people wont return to work if they do not feel safe. This has the feel of the business revolt directed against the mayor of new york city. Wildfires devastated the west, to Southern California and sadly thats not the only problem in the golden state, Los Angeles Mayor Eric Garcetti is urging residents to conserve energy, do not run the ac and heat wave. They have an Energy Problem in senator kevin cramer has something to say about that pretty joins me next. Before we go alive look at the Freedom Tower in Lower Manhattan as we remember 9 11. 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For now and whatevers next Northern Trust wealth management. Stuart in california the wildfires are reading theyve have taken ten lives and 3 million acres destroyed in one particular blaze scorched over 470,000 acres in northern california. The fires are hitting oregon and satellite image on your screen showed two towns almost complete wiped out. 500,000 residents have been evacuated. Our next guest has an opinion piece which slams California Energy disaster saying remember this, the disaster in california when you go to the polls in november. Senator kevin cramer wrote it either north Dakota Republican and he joined does not prove what you mean senator about that Energy Disaster when you vote in november. My point, i was an Energy Regulator before i became a member of congress, i see this coming for a couple of decades and talking about specifically we have a pricing scheme that is so distorted by government subsidies, tax policy and on top of that we are mandated to prohibit electricity and one of the things california is suffering from an addition to the fires is actually magnified by the fires and the fact when its 100 degrees the wind doesnt blow, at night the sun does not shine. Underway that surprising in getting rid of things like nuclear and coal in the wonderful lowcost natural gas that is a wonderful generating he will, nobody wants to pipeline. There took a coming home to roost and this is happening other parts of the country in recent years, both in peaks of summer and peaks of winter and we have to remember that because this is liberal policy and liberal states as well as liberal members of congress and president in the past that allowed this to happen. Stuart let me show you a tweet that was sent out by Eric Garcetti. He sent this out on sunday and said its a most 3 00 p. M. Time to turn off major appliances, set this thermostat to 78 or use a fan, turn off access light, unplug any appliances or not using and we need every california to help conserve energy, please do your part et cetera, et cetera, et cetera. He is referring to a shortage of energy in the middle of a heat wave. It seems like the People California have a choice, you want to go with Global Warming and mitigate Global Warming with their Energy Policy or youre going to get really hot in a heat wave in california. Its a very unfortunate choice. Its an unfortunate choice and one that should not have to be made. You can have good conservation Good Environmental policy with appropriate price signals but you cannot do it if you distorted to to only certain types of electricity are allowed on the grid. Not only are you not without electricity but the grid itself is going to collapse and the reliability resiliency depends on constant electricity. This is true the dead of winter in the northeast and the midwest where i live as well as the heat of the summer. What is not too late to turn back but is becoming too late because with every coal plant thats retarded every Nuclear Plant and every gas pipeline that is objected to, we put ourselves a greater risk. Stuart i think you made your point and we thank you for joining us. Im going to show you the New York Stock Exchange moments from now theyre holding a moment of silence in memories of 9 11. Those attacks happen box from wall street. [silence] [silence] stuart we apologize we have lost the connection to the New York Stock Exchange where they are now holding the moment of silence. It is a minute of silence in remembrance of 9 11, this is the 19th anniversary. I made one point if i may, back then on that day at the very beginning right after the terror attacks, america was truly united and that is a sharp contrast on where we are today. We will open the market in just a few minutes and open with a modest gain for the dow industrial up maybe 100 points and will take you to wall street after this. Introducing stocks by the slice from fidelity. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. Come on in, were open. All we do is hand you the bag. Simple. Done. We adapt and we change. You know, you just figure it out. Weve just been finding a way to keep on pushing. Im a delivery Operations Manager in san diego, california. Weve had a ton of obstacles in finding ways to be more sustainable for a big company. We were one of the first stations to pilot a fleet of zero emissions electric vehicles. The amazon vans have a decal that says, shipment zero. Were striving to deliver a package with zero emissions in to the air. I feel really proud of the impact that has on the environment. But were always striving to be better. I love being outdoors, running in nature. We have two daughters. I want to do everything i can to protect the environment to make sure they see the same beauty ive seen in nature. My goal is to lead projects that affect the world. I know that to be great requires hard work. Guys guys safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him safe drivers do save 40 . Click or call for a quote today. Stuart youre looking at the 9 11 remembrance ceremony happening right now next to the memorial fountains, thats where the towers once stood. Jeff seeger is with us, i dont want to talk about the market this morning, i want to talk about you as a lifelong new york, at, what is t i s tte11 ou. Hs ditoes ea mtoou t a sis a dayis, der i isti y19rs19rs19rs latnd and i and l it wit westeesayrd iaytrd istrdf ethhieng thi tt ihalaedn o yourur hrt h artnd indtoe doeoe resiresiveim tim t tnd a inknk about thou pplehat i ltos it,os a a btrien aveen rugglingggith tith tit f t l hy years, srs,ugrsglinug with wh diddid you happen and could hapn again. All the things that go through my mind. I look at it as a time of remembrance in a time of questioning and trying to understand and also as a time to realize that life is precious and we have to embrace every moment. Stuart do you remember immediately after the attacks, literally within hours of the attacks you saw american flags sprouting from just about everywhere, cars flew the flag, households flew the flag, people put a giant flag across the street where i live at the time. It occurs to me that was a moment of unity and it did not last but it was a moment of unity. We were together then. Stuart here we were we fell into the chaos and use all this unity and out of the strategy emerge such courage, the courage of the Police Officers, the firefighters, the emergency workers and you saw people coming together and you saw such tremendous outpouring of love, compassion, kindness. It moves me too this day because what was the darkest hour for new york city became the finest hour for new york city when we had not only patriotism but love for each other where we were not divided, we were all together and all destroyed to help the victims in trying to survive and understand and a lot of people went back to church and a lot of people found their spiritual grounding from it and people begin to embrace each other and i think that is something that was good that came out of it that we have to hold onto today. Stuart we ran around our president george bush 33. I remember him standing on the rubble where the towers had stood with his bullhorn telling people those folks are going to be hearing from us. And there was a cheer her to cross new york city. That was a moment of coming together behind our president. Who could forget that. Last word to you. We were united against the common enemy, we knew who the enemy was and we knew we had to have courage and confront the enemy. That is a priceless characteristic of being an american and at that moment when we knew who the enemy was and we knew what we had to do, we rose to the occasion and thats a moment of pride that we have to hold onto for the rest of our lives. Stuart one of the reasons i became an american citizen some years after the attacks of 9 11 but that was one of the ways in which i became or wanted to become part of this great nation and also never forget it. Jeff sica thank you for sharing something personal and we would love to give the program again. Thank you does anybody want to add anything on a personal note, susan . Susan i was younger when this happened and watching the events unfold on television i always asked my parents were happy because you just to understand these type of atrocities can take place and what my parents told the bad people do bad things. Its a sad day for everybody. Stuart ashley can i ask you where were you. Ashley i was in nashville watching the today show and it was obviously on the Breakfast Show and i cannot believe what i was seeing and it was like everybody else staring in disbelief at the television saying this cannot be, this cannot be in as jeff sica just said 19 years, i just remember as though it was yesterday in a defining moment into your point youre absolutely right the country came together. Stuart lauren, before we open the market utility personal thoughts on this day. Lauren i was on a cruise ship headed to japan, we did not have conductivity and i did not understand or see whats going on and we got to japan ephrata hiroshima japanese people said they and their thoughts and prayers were with us. Stuart incredible story. Thank you everyone. Thank you indeed. We open the markets, it is september the 11th and we open the market on the upside. The vast majority of the dow 30, about 26 are in the green and that means there up in the dow was opened with a 100point ga gain, lets not forget a late selloff which put the dow down 400point in the level is 27600 prethat is the dow and s p 500, where is that this morning, except just two thirds of 1 , solid gain, 20 points higher in the nasdaq this will tell you how the techs are doing, the nasdaq is a very solid. 90 , 98 points well above the 11000 mark. Lets get real and show you peloton, bona fide lockdown winner, blowout earnings, sales of their bikes skyrocketed during the quarantine. , triple from this time last year and they gave a rosy forecast. We do that your stock goes up, up 9 as we speak. One more check of microsoft, heres a story which is not affecting the stock, they released a dire warning of Election Hacking from the russian, chinese and iranians not just targeting republicans but democrats as well, the stock not affected by that report but up three books, 1. 5 this morning. Tesla planning on delivering cars from the factory starting late this year or early next year, those cars are going to asia and europe and the stock is up about 2 , 380 per share on tesla. Wild swings for the markets and we have seen that. Recently and i say really wild swings. I want to go around the block with the company and see what theyre looking at. What are you doing, what you seeing . Lauren i want to share two items, the first is volatility because the calendar says so, september worst month of the year but also an election year, yesterday is one from 727 points, one example. But also the . Around fiscal stimulus. Consumer spending and businesses that rely on it when we got the august job report, we found out that 24 Million People were unable to go back to work because the employer was not open. So the economy needs those workers to return in those companies to reopen in on a day when we remember 9 11 i hope unity comes to congress. Stuart i will make no comment on that. But it would be nice to see. What are you looking at . Ashley personally i expect the wells swings to continue up close and center. We should remember fivemonth advocate Financial Market demand is 7 trillion to u. S. Equity values, if you want to get technical the analyst say theyre focused on the 50 day moving averages and we see the market drop below the benchmarks then we could see another down, the nasdaq key level is around 10858 but i dont think theres one single catalyst, theres a lot that is making the psyche a little bit fragile and we have the pandemic in the virus resurgence in europe and concerns over the labor market and lack of a new relief bill from congress and you name it, it is out there. The growing number of investors believe it is time to move into a little bit more cash. Stuart i think youre right thats what were seeing, the election is a real problem and that will cause volatility. Susan we saw the fastest correction and nasdaq history, the great lesson for the retail trading brigade that is gone into the market with the stimulus checks in their higher and implement benefit and they learned that stocks dont only go up yes, they can go down as well, this year we seen a whole army get into the market and vanguard said they see higher than usual trading activity compared to last year, marrow which is bank of america, they had a trading activity which has tripled since the bottom in march with total accounts nearing 3 million and people are buying options, this is dangerous and what causes volatility in the stock market because option trading hit a record of 20 million contracts in august and that is up sharply from last year and options are very sophisticated instruments because you pay a few dollars and you can have a much steeper loss in the dollars that you pay and but the retail trading robin hood app is allowing those that maybe arent as sophisticated to get into the complex instrumen instruments. Stuart if youre sitting at home and not going to the office, you could trade from home. And you dont pay any commission could buy and sell virtually for free. People are learning how to trade, bank of america says investing education and people talking into education at a 25 times higher than last year. Stuart that tells a story. Thank you. Thats take a look at the airlines, tha there is another airline adding more routes and planes to the schedule. What do we got on that. Ashley jetblue is adding 24 new nonstop roots this year to capture traffic, the carrier said all of these will take off in november and december and theyre gonna cover regions of the airline believes will see an increase in leisure travel. Jetblue says it will reactivate the jets and the new routes will focus with the cities in florida, the caribbean and latin america and places like cancun and montego bay and jamaica, turks and caicos sign me up for all of them. The reason adding a flight from Fort Lauderdale to bozeman is just north of Yellowstone National park. The title heat humidity and you can go to the mountains of montana. Stuart or you could get into the return flight and hello month montana, you will fly out of montana winter and into Fort Lauderdale, i think thats what we will take. Thank you. I want to talk about disney, this is an important story, the theme parks are not attracting the number of visitors that they were supposed to. Does this stretch out the time period for return to normal . Lauren Deutsche Bank is saying that themepark faced another loss of revenue thats what they called it for 2021, the stock is the third worst performer on the Dow Jones Industrial average, there are positive and there will be huge improvement in 2022 and return to the prepandemic level in 2023. The bottom line is the whole idea of returning to normal for many parts of the economy comes down to a vaccine but their big part of busy unto disneys business but one part aside from Deutsche Bank very bullish in streaming and disney earlier this week actually upgraded disney. Stuart the problem with the vaccine, we dont know how effective its going to be, we dont know whether the government will insist that everybody takes it and we dont know what resistance there will be to that vaccine. Thats a vast unanswered question. Im with you ive asked everybody i know if a vaccine comes out this year are you taking one, no one says they will get it, they want to wait to see side effects and how effective. Even though the administration is doing everything they can to ensure safe people need to believe that anyhow the antivax culture out there and a little bit nervous to raise their hand if they try it on me. Stuart if thats the response youre getting. Would you take it . Stuart yes i when i think of her responsibility to take it. Ashley i actually agree with you. Stuart have a public forum and its income net for someone like me too take it, i think it is but i dont think its answer the everybody things its going to be. That is my point. Time is up. Joe Biden Campaign pushing back against questions, the former Vice President uses the teleprompter. Watch this. Thank you move it up. Has joe biden use the teleprompter during local interviews or answer q a with supporters. This is straight from the Trump Campaign, what it does is trying to distract the American People. Stuart he would not answer the question. The Biden Campaign cannot dodge the pressing questions forever, how is joe biden going to survive in a 90 minute debate coming up soon. We are on the story. More varney after this. Here . Nah. Here . Nope. Here. When the middle of nowhere. Is somewhere. The allnew chevy trailblazer. Apps except work. Rywhere. Why is that . Is it because people love filling out forms . Maybe they like checking with their supervisor to see how much Vacation Time they have. Or sending corporate their expense reports. Ill let you in on a little secret. They dont. By empowering employees to manage their own tasks, paycom frees you to focus on the business of business. To learn more, visit paycom. Com its made for this guy a veteran who honorably served and its made for her shes serving now we made it for all branches and all ranks whether they served one tour or made a career of it. We also made usaa for military spouses and their kids usaa is easy to work with and can save you money on auto, home and renters insurance. Become a member today. Get an insurance quote at usaa. Com quote usaa. What youre made of were made for stuart look at the markets, modest gains across the board, the dow is up 66, 27600. Look who is here, the man himself dennis, youve got a lot of expense about this and i want to know this. With the volatility, is not characteristic of the behavior of the bull market or market that is going into a bear market. What is it . First of all what is amazing to me is one your others on the panel talking about earlier yesterday you had a 750point range in the dow and when i first got the business in 1972 the dow was 476. Yesterday you move twice the size of what the dow was when i first got the business. I have a hard time dealing with 700point moves in the dow with 150point moves in the nasdaq with 45 and 50point moves and then s p characteristically this volatility especially when you have the public as stunningly involved in the market as they have become over the course of the past month or two and at the end of the day counting the fact that you have to understand off about to make money in stocks, that looks to me thats a type of psychology that one gets in market peaks and not at market bottoms and not upmarket metals, this looks peaky and ill see as i said earlier the bull market is always open lower and finish the day higher, bear market higher finish the day lower in yesterday open higher and finish down on the day if we open higher this morning and finished lower today that will be until sign for the stock market. Stuart youre still going into gold and silver big time i thi think. I been in gold and silver for a long time, half as long as i was a month and half ago, we got a little excited on the upside in the public got too involved in the gold market and i cut my position back about a half, if you give me any strength or tickled up another 15 onramp on my gold and silver again, no question the trend is from the lower left in the upper right it will get much stronger much higher, the monetary authorities everywhere around the world, the bank of canada, the bank of japan and the bank of england, the bank of china and the reserve bank of russia are all expansionary and given the extent circumstances that have to be bullish on precious meta metals. Stuart it just reminds me, people states no comparison but it reminds me the mood of the market in the late 1990s. That was a bubble in the company that people were investing in a very different from the big tech Profitable Companies and that feeling on the market is going to go up forever and you get stock tips from your cabdriver, its exactly the same was 20 years ago. Im always reminded what Joseph Kennedy said he got out in 1929 wooden shoe clerk gave him stock tips and will we start to have them becoming the gurus of the stock market, this is truly exemplary, your point is exactly correct, this reminds me about happened in late 1999, early 2000 when pet. Com went extraordinarily higher and proved to be another incompletely bad investment. And i always told people im 60 technician 30 for the mol fund. And its become so overwhelmingly involved in one has to be careful here. Stuart lets not forget the election of 50 odd days. Dennis, find service this day thank you for joining us again soon. Always an honor. Thank you. Stuart lets switch gears, no surprise, the pandemic is kept people more home, of course we know that in their spending a lot more time Binge Watching their shows. Lauren, youre the expert here, tell me about this. Lauren this is embarrassing, the average american watched 20 movies in two months and they binge watch for tv shows, if you think that is bad, the ages of 25 34, the new polls streamed in additional four hours of content per day over the summer. Whatever they would normally watch the added four hours daily to that. As a result a lot of people have nothing left to watch. I guess because of streamers are more likely to sign up for new service. Stuart i think youre right, talk to me about california resident, amc theaters have the green light to open, tell me more. Ashley this is hollywood amc is going to open for theaters in Orange County and five drivers nla some word viewers can watch the Warner Brothers blockbuster which made 20 billion as the Labor Day Weekend box office, kudos to amsi, within 20 days of the reopening of their theaters, they already brought in over 1 Million People, there is a desire among some folks go back to traditional Movie Theater and sit inside epub court when youre not wearing your mask and watch a blockbuster. Stuart a long way back to normal, long way back to the cinema. Ashley. Lauren and try to be optimistic. Still to come we have larry kudlow coming up on the show. Congress failed to pass any new stimulus, complete deadlock. Im going to ask larry what his next, will beget any stimulus at all. I think he will answer. Zuckerberg owing on defense saying his platform is not a right Wing Echo Chamber. You will hear what he has to say about that coming up next. Are you frustrated with your weight and health . 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Stuart we show you shanksville pennsylvania, President Trump and first lady melania of participating in the flight 93 National Memorial with the anniversary of 9 11, we will follow this route todays program. Changing subject completely. Facebook chief Mark Zuckerberg defended his copy of her claims that facebook is a right Wing Echo Chamber. I dont know where on earth i came from. Zuckerberg was pretty fired up about it, was that he. Lauren it was an interview with the editorinchief mike allen, he called facebook just that a right Wing Echo Chamber and he accused Mark Zuckerberg of helping donald trump win reelection. Obviously zuckerberg rejected those claims but he didnt miss something, he said partisan content drives more engagement on our site. But for the claims that the loudest voices on facebook are conservatives, zuckerberg said this, some people are more fizzes dictated and natural on the internet, i dont know if that justifies anything to you but it is kind of ironic or amusing that leftwing Silicon Valley is accusing one of their own, facebook of helping support rightwing voices. Stuart i just dont get it, i dont get that, i dont use facebook what i cannot believe that a Silicon Valley outfit and thats what facebook is would show any enthusiasm for President Trump at all, i dont know where on earth that came from. Lauren thats what you have the employee walkouts in the boycotts, you name it but for the most part facebook has been handsoff. Stuart got it, thank you. President trump says there will not be an extension for tiktoks sale, where does that leave me. Susan thatll either be closed or they will sell it. September 15 is the deadline, next tuesday. What youre watching is an interesting weekend of dealmaking whether tiktok parent bite dancer interested parties and buyers like microsoft and oracle walmart or possibly with the Trump Administration and some have said we might get a 75 day delay, who knows if this is just posturing by President Trump and make it a better deal but we do the journal is reported that tiktok might be able to sidestep the u. S. Sale because they threw a wrench into the discussion when they said we need to prove any technology that is transferred in this which is a valuable algorithm in tiktok has been selling their administration as well saying we have a very large conservative base of users which might be good for republicans. Stuart im surprised the president of the United States can step in and order a foreign private company, you are going to be sold, you cannot come here, youre going to be sold and we the treasury are going to take a piece. Susan look at the chinese market, how many Tech Companies can operate there as well. Stuart fair enough but this is the first the president of the United States i think. The nfl is back with social justice and the mix. Fans booed what is slated to be a moment of unity, right at the beginning of the game. Politics in sports, we will deal with that in a moment. We will be joined by larry kudlow, he is coming up the president s top economic advisor, how fast are we expanding, i will ask him, thats an interesting question. We will be back. Or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. 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. Her husband had been a High School Football coach and it turned out, one of his former players came up with an answer. 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Stuart this is the 19th anniversary of 9 11, President Trump commemorating the anniversary in shanksville, pennsylvania thats where flight 93 went down. Well be covering that for you throughout this program. To the markets, some green still left on your screen. The dow is up what 59 points, the s p is up three but im afraid weve changed course on the nasdac that is now down. There is some selling going on with big tech. Okay it just went to the green, up three points now. Stay around for 11 00 that hour, please. Larry kudlow is going to join us with all the news from the economy. He joins us from the white house , all right now this. Whenever joe biden speaks in public these days, his handlers make sure he has a teleprompter. Read from the script, joe, and youll be okay. But does he use a prompter when hes answering questions . Now, look. That may seem like a minor point , but a candidate is supposed to have the issues nailed down. Statements and positions organized, and ready to go. Fox news bret baier asked the Biden Campaign directly, does he answer questions from a prompter . They wouldnt say thats a Trump Campaign distraction, he said. No its not. No, sir it is not. The issue is bidens ability to get things straight, to be consistent, to focus, to appear as someone firmly in charge and speaking off the cuff no prompt er, he doesnt have it. He rambles, forgets things, makes gafs, his campaign protects him and so does the media, so what we have now is wildly unbalanced coverage. Ill just run a few of todays headlines by you. Michelle goldberg, in the new york times, trumps deliberate coronavirus deception. Thats the headline there. The lies of President Trump, thats also from the new york times. The Editorial Board of the Washington Post writes this. When americans needed honesty most, trump gave them lies and fantasy. Its like that every single day. What you dont see is Critical Coverage of joe biden. Its not there. Where is the analysis of his tax hike policy or trade . Do you know he got nafta mixed up with u. S. Mca this week . Biden talked about a new National Lockdown and making a mask mandatory. Where is the analysis of that . Its simply not there. Its open season on the Trump Campaign, but joe biden, hes in a protective bubble. His use of a teleprompter is part of that protection, so, first, ill show you biden, when hes clearly asking for the prompter, and then ill show you his campaign refusing to fess up that he uses one. Roll tape. What will your administration do to help them give them that chance . Thank you. Lets move it up here. You know, there used to be a basic bargain in this country. Stuart unreal. Okay. Thats one sound bite. Weve got another one. Show me bret baier asking his campaign, the Biden Campaign whether he uses a teleprompter or not. Roll the tape, please. Has joe biden ever used a teleprompter during local interviews or to answer q a with supporters . Brett this is straight from the Trump Campaign popping questions. What it does, brett, is its trying to distract the American People. Theyre using it and they talk about it every day can you say yes or no . They talk about it every day , brett because they dont have a coherent you havent answered yet or no. Brett they talk about it every day because they dont have an argument for why donald trump deserves reelection and deserves four more years. We know he lied to the American People and has not shown leadership during this crisis and they are desperate to throw anything they can to try to distract from that fact. Stuart laughable. Laughable. Ill take from that yes, he really does use the teleprompter when answering questions. The lady on the right hand side of the screen is tammy bruce. What do you make of all of this . Well, somebody else should be in a basement, that young man boy, that was awful. It was painful to watch, because you know, the answer could simply be no and when you dont deliver that, then its obviously the answer is yes. He had to have known that was going to come up but every answer they have just simply goes back to the president , at the same time here. Stuart tammy i dont think im making too much of the tele prompter issue, because thats his protection. Oh, no. Yes, well absolutely, and this is, its a lie to the american public. This person wants to be the ceo, the president , and as we seen with donald trump, that involves being engaged. If you cant answer with a very simple question from that young lady with the afl cio, and she was asking how are we going to get nonunionized people unionized . How can you help us. That should be a basic standard answer, any leftist or liberal can answer that off the cuff. Here is joe biden unable to answer that in a natural way, so he doesnt have a grasp of the basic issues, and its lying to the American People. You heard it with the spokesman. They know that its a sign that joe biden, this is like the house of wax. This is a man who is not engaged whose melting in front of our eyes, and if he cant handle a question from a supporter that is a basic tenent of liberalism, how in gods name can he run the country, answer questions with people who do not have this nations best interest in mind both domestically but especially internationally, kim jongun, putin, everyone else in the middle east, you know, the president has got to engage and joe biden is literally, apparently, incapable of doing so. Stuart you know, tammy the president was again having to defend his handling of the covid19 crisis. Watch this for a moment, please. President trump there is no lie here. What were doing is were leading and were leading in a proper way. I dont want to jump up and down and start screaming death, death its always a serious problem. That doesnt mean im going to jump up and down and say people are going to die no, im not going to do that. Stuart tammy do you think the criticism hes getting is fair . Its not, and he was open and public about this as far back as march. He was speaking publicly about how he is not going to be a hyst eric, that he wants calm and presenting things to be calm , leadership role is both making sure that theres civil order which he also is now working on with the other issues but also, to get things done behind the scenes as president. Hes not governing through twitter, or in media interviews hes not governing with talking to the White House Press corp, but i would say the American People understand that because after the atlantic article came out, prior to this new bob woodward situation, his numbers went up, so he has been literally transparent, has been discussing his strategy about, you know, being calm and speaking to the American People in a very steady way. Look youre an american citizen but youll know and americans love this little motto from england. Stay calm and carry on. Everybody is supposed to love that, and only the left, stuart, would complain because someone is not getting hysterical ruling by their emotions, and being, you know, out of control. Stuart a breath of fresh air, tammy bruce. Thank you, sir. Stuart yes, of course this is the day, the 19th anniversary of september 11 and the terror attacks, 19 years ago. Joe is with us and hes the founder and president of Blue Lives Matter. All right, joe, come right at it what does 9 11 mean to you . Ill tell you what it means to me because i remember very clearly the bravery of Police Officers, and you represent them tell me about it. It was a very special day especially with the last couple months of chaos. I think everyone has a story and i still remember being in my calculus class in Staten Island looking out the window and you were able to see the towers burning and so many kids in my class, in my school at the time, their parents worked in that building and they couldnt get through to them and the nervousness, the anxiousness my dad was a Police Officer and he actually just left work from hid midnight, thats one of the main reasons seeing how new york city, the entire nation, came together, in such tragedy, to show the world the best of the best. Thats what made me want to become new yorks finest because of the love everyone had. It didnt matter what you looked like. Its not the nonsense were dealing with every single day. It was how can we help . How can we get better and how can we go out there and save lives just like they did, pulling people from the rubble. Its so sad that now 19 years later people are still dying from 9 11related cancer. They arent just First Responders or people that lived and worked down there but do you know they are still the best of the best of the people you see no matter all of the media and they portray in the negative , they are still the good. Stuart nineteen years on the Police Officers of new york city are not held in high esteem by the authorities in new york city and thats an Extraordinary Development in 19 years. Its just an Extraordinary Development. Its such a shame, because officers go out every single day this generation a lot of them were formed because of 9 11. Our military, a lot of members went in because they wanted to go out there and help, and get the bad guys, and to see the media every day, stu its so hard. Officers going out there doing the best they can no matter what they do almost like being the president. Anything they do they are still criticized meanwhile doing their best and more than any other generation has and we got to tin auto you to do that. Stuart you know that 150 executives have sent a letter to the mayor saying look fix the crime problem because we aint coming back if you cant do it. Well i looked further into it and do you know what the typical democratic mayor his spokesman right away put the blame on the federal government. We want to help but we cant do it unless we get more money. Thats false, be a leader, let the people go out there, let them do their jobs. We can save the city. We can bring it back. We are the professionals. If you allow them to do it the city will be great in a short amount of time. Stuart joe thank you very much for being with us on a very special and important day today, with Blue Lives Matter thank you , joe. Im going to turn to kenosha, wisconsin where damage from the riots and unrest has cost businesses tens of millions of dollars. Ashley whats the number . Ashley 50 million estimated, stuart. Business owners in kenosha say the town looks like a war zone. Several days of rioting following the shooting of a black man last month caused as i say an estimated 50 million in damage to buildings and businesses, and to put that in context, the amount is more than half of the citys annual budget of 86 million for a town the size of right around 100,000 residents. As many as 100 businesses were damaged including 40, were told , that are out of business for good. At one point, 2,000 members of the National Guard were deployed to the city to try and stop the violence. Now, the city is calling for federal and state funding, to rebuild those business, and to rebuild state Correction Center that was set on fire during the riots and now city leaders say they are certain that most of the destruction was caused by people who live outside the community, saying simply this , to the people who burn down our city, we wont allow it ever again. Stu . Stuart but how do you get people to come back to a city, which has just been burned down . I mean, thats a tall order is it not . Ashley not easy. Stuart all right thanks, ash. Lets take a look at kroger. Now, they came out with their Earnings Report i believe and were showing you the nfl there, but i want to talk about kroger for a moment. The stock was up earlier. Its reversed course im not quite sure what they had with their Earnings Report, but the stock is down now. All right show me amazon, the online retailer accused of price gouging on essential items during the virus pandemic. The watchdog group, Public Citizen says amazon raised some prices up to 1,000 and the stock is down 16. Back to the nfl. They are back, but not without drama. Fans appear to boo players during a moment of unity before the game. Well be bringing you more from the Season Opener later this hour. Tracking the virus on college campuses, starting to look like a big brother, with some Contact Tracing apps tracking students exact locations. Campus reforms Cabot Phillips fired up on that and on the show a little later and were following the president , this morning at the flight 93 memorial in shanksville, pennsylvania were going to take you there, shortly. A live look at the Freedom Tower , in Lower Manhattan as we remember 9 11. This morning, and all of 9 11 is a day of reflection and i hope that politicians put aside this terribly Divisive Campaign and rhetoric thats underway and pause to remember what happened that day. Limu emu doug you know limu, after all these years its the ones that got away that haunt me the most. [ squawks ] cause youre not like everybody else. Thats why Liberty Mutual customizes your car insurance, so you only pay for what you need. What . Oh, i said. Uh, this is my floor. Nooo only pay for what you need. Liberty. Liberty. Liberty. Liberty. Our Retirement Plan with voya gives us confidence. They help us with achievable steps along the way. So we can spend a bit today, knowing were prepared for tomorrow. Wow dad, do you think you overdid it maybe . I dont think so. What do you think, peanut . Nope honey, do you think we overdid it . Overdid what . See . We dont think so, son. Technically, grandparents cant overdo it. Its impossible. Well planned, well invested, well protected. Voya. Be confident to and through retirement. The big events are back. Xfinity is your home for the return of live sports. Stuart President Trump now in shanksville, pennsylvania honoring the victims of the terror attacks 19 years ago. Joe biden headed there, he will head there, later today. Our reporter, Hillary Vaughn is in shanksville with the latest. Hillary what do you have . Reporter stuart, the flight 93 National Memorial ceremony is underway right now. The president is in attendance and he will speak shortly. In his remarks, he will detail the final heroic act by those aboard united flight 93 that took a nose dive here in a field in shanksville, pennsylvania, just 19 years ago today, saving countless lives by refusing to let terrorists reach their target. The u. S. Capitol in his remarks the president will say this. When terrorists raced to destroy our democracy, authority of flight 9 3d the most american of things they took a vote and they acted together they charged the cockpit, they confronted pure evil and in their last act on this earth they saved our capitol in this pennsylvania field the 40 souls of flight 93 died as heros, their deeds will outlive us all. Before deplaning the president and first lady paused at 8 46 a. M. Standing aboard air force one for a moment of silence the time when the first plane hit the first tower 19 years ago. Todays service looks a little different than years past due to the and, the event will be an intimate 20 minute ceremony closed to the public, at the request of those families of those who parished on flight 93 its a private event to comply with Public Health guidelines, instead of family members, individually reading the names of the 40 that died, one person will read them, weve also heard the ringing of the bells in remembrance and the distance, the president will mention in his speech all of the heros who died 19 years ago, not just here in pennsylvania but also in new york city and arlington, virginia, Vice President pence is in new york where he also ran into former Vice President joe biden, who both attended the 19th Anniversary Ceremony at ground zero, biden is now headed here to shanksville where he will also pay his respects at the memorial but not until President Trump has left. Biden saying today is not about politics. Its not about campaigning. Its about honoring those who sacrificed their lives. Not taking about anything other than 9 11. Its a solemn day and thats how well keep it. Reporter stuart the president will begin his remarks here, in just a few moments. Stuart . Stuart hillary thank you very much indeed and by the way, we will take you to shanksville, pennsylvania for the president s speech he will be speaking in just a couple of minutes. As you heard from hillary there, hes going to detail the heros of flight 93. I do hope that he mentions todd beamer. Hes the man who said lets roll and drove that service cart right down the middle of the plane and attacked the terrorists in the cockpit. Todd beamer, i hope the president remembers his name and im sure he will. As for the markets well, rebound for the dow, now were up 150 points there, up 15 on the s p, nasdac is up 37 and its volatility folks up and down so far all day. Peloton making a profit for the first time thanks to the pandemic, speaking demand for their products. They nearly doubled their revenue, and their subscribers and the stock is now up 4 , it had been up 10 . President trump is approaching the podium now, in shanksville, pennsylvania. Hes about to make comments about flight 93 and we will listen. President trump its a great honor to be with you. Nineteen years ago on this day, at this very hour, on this field , 40 brave men and women triumphed over terror and gave their lives in defense of our nation. Their names and their stories are forever inscribed on the eternal roll call of american heros. Today we pay tribute to their sacrifice and we mourn deeply for the nearly 3,000 precious and beautiful souls who were taken from us on september 11, 2001. To the family members of flight 93, today, every heartbeat in america is wedded to yours, your pain and anguish is the shared grief of our whole nation. The memory of your treasured loved ones will inspire america for all time to come. The heros of flight 93 are an everlasting reminder that no matter the danger, no matter the threat, no matter the odds, america will always rise up, stand tall, and fight back. To every 9 11 member all across this nation, the first lady and i come to this hollowed ground, deeply aware that we cannot fill the void in your heart or erase the terrible sorrow of this day, the agony renewed, the nightmare relived, the wounds reopened, the last treasured words played over and over again in your minds, but while we cannot erase your pain, we can help to shoulder your burden. We promise that unwavering love that you so want and need, support devotion and the very special devotion of all americans on that september morning when america was under attack, the battle turned in indiana the skies above this field. Soon after taking off from newark, new jersey, radical islamic terrorists seized control of united 93. Other hijacked planes struck the north tower of the World Trade Center and then the south tower and then the pentagon. The terrorists on flight 93 had a fourth target in mind which was called our nations capitol. They were just 20 minutes away from reaching their sinister objective. The only thing that stood between the enemy and a Deadly Strike at the heart of american democracy was the courage and resolve of 40 men and women, the amazing passengers and crew of flight 3. Donald and Jean Peterson were grandparents traveling to vacation in california. Diora bodley was a student headed back to college. Richard ordego was returning from celebrating his grandmother s 100th birthday. Lauren katosi was three months pregnant with her first child. Every passenger and crew member on the plane had a life filled with love and joy, friends and family, radiant hopes, and limit less dreams. When the plane was hijacked they called their families and learned that america was also under attack. Then they faced the most fate full moment of their lives. Through the heartache and the tears, they prayed to god, they placed their last calls home, they wispered the immortal words i love you. Today, those words ring out across these sacred grounds and they shine down on us from heaven above. When terrorists race to destroy the seat of our democracy, the 40 of flight 9 3d the most american of things. They took a vote, and then they acted. Together, they charged the cockpit. They confronted the pure evil, and in their last act on this earth, they saved our capitol. In this pennsylvania field, the 40 intrepid souls of flight 93 died as true heros. Their deeds will outlive us all, in the days and weeks after 9 11 , citizens of all faiths, background, colors, and creeds came together, prayed together, mourned together, and rebuilt together. The song God Bless America became a rallying cry for the nation. We were you nighted by our conviction that america was the worlds most exceptional country, blessed with the most incredible heros, and that this was a land worth defending with our very last breath. It was a unity based on love for our families, care for our neighbors, loyalty to our fellow citizens, pride in our great flag, gratitude for our police and First Responders, faith in god, and a refusal to bend our will to the forces of violence, intimidation, oppression and evil. In new york, arlington, and shanksville, people raced into the suffocating smoke and rubble at ground zero the world witnessed the miracle of american courage and sacrifice, as ash rained down, Police Officers, First Responders, and firefighters ran into the fires of hell. On that day, more than 400 First Responders gave their lives, including 23 new york city Police Officers, 37 Port Authority workers, and 343 new york city firefighters. Today we honor their extraordinary sacrifice and every First Responder who keeps america safe. With those today is david demato , a retired chicago Police Officer and a current officer of the navy reserves. On 9 11, he drove from chicago to ground zero. As david says, while the sights and smells of working at ground zero will forever be etched in my mind what is more profound is the way this country came together afterwards. The Police Officers and firemen were revered as the hero s they truly are. The military was appreciated in a manner not seen in decades, and Common People found new meaning in values lake friendship, kindness and selflessness. Thank you, david such beautiful words and thank you to every member of Law Enforcement who risks their lives to ensure our safety and uphold our peace. This morning, we also remember the 183 people who were killed in the attack on the pentagon and the Remarkable Service members who crawled straight through the raging blaze to rescue their cormades. We express our undying loyalty to the nearly 6 million young men and women who have enlisted in the United States armed forces since september 11, 2001, and more than 7,000 military heros have laid down their lives since 9 11 to preserve our freedom. No words can express the summit of their glory or the infinite depth of our gratitude, but we will strive every single day to repay our in measurable debt and prove worthy of their supreme sacrifice. America will never relent in pursuing terrorists that threaten our people. Less than one year ago, american warriors took out the savage killer and leader of isis, er baghdadi. Soon after they ended the brutal reign of the iranian butcher who murdered thousands of American Service members, the worlds top terrorist, kasim soulemani is dead. Here in shanksville, this community locked arms and hearts in the wake of tragedy. With us today is chuck wagner, a heavy equipment operator, who lives just a few miles away. Very soon after the attack, chuck helped search for the black box. He was so changed by what he experienced that he joined with several members of his church to become what they call ambassador s for the 40 men and women on flight 93. Chuck and his neighbors learned about each person, cared for their families, and each day , rain or shine, they took shifts standing vigil over their final resting place. Long before this place was a National Memorial, back when it was marked by a simple wooden cross, chuck and his fellow ambassadors were always here, waiting to tell visitors about those we lost. Nineteen years later, chuck says his life is devoted to three things. His family, his church, and preserving the memory of the men and women of flight 93. To chuck, his wife jane [applause] President Trump thank you very much. Thank you very much. To chuck and his wife jane, thank you so much for being here and to the over 40 ambassadors with us today, please stand and receive americas thanks. This is a very deep thanks, please. [applause] President Trump thank you very much. Also, with us is marine veteran jason thomas from long island. On september 11, jason had just retired from the marines, but he immediately put back on his uniform and raced into the nightmare of ash and debris at ground zero, he found a fellow marine, dave karnes. Together they began to call out United States marines, United States marines if you can hear us, yell, tap, do whatever you can do, were the United States marines. Soon, they heard a shout for help. Two Police Officers were trapped beneath 20 feet of rubble. Jason and dave dug for hours on end, knowing that at any moment, the wreckage could come down on them, crushing them alive. At one point someone told jason to stop. Jason replied im a marine, i dont go back, i go forward. That day, jason helped save the lives of those two officers. For years, jason said nothing about what he did on 9 11. He did not even tell his five children, but when he say the rescue recounted on tv, he decided to meet those officers. One of them gave him a gift. A steel cross made from a beam that jason helped lift to free them from the hell on earth. As jason said, about the cross, it means a lot. Its a symbol of what we are as americans because that day, we all came together and stood as a nation, as americans, and the didnt matter what race you were, what religion you were, it didnt matter. We all came together to help one another. Id die for this country. Id die for this country. Jason, thank you very much for bearing witness to the character of our nation. Jason . Thank you very much. [applause] thank you, jason. President trump the men and women of flight 93 were mothers and fathers, sons and daughters, husbands and wives. Nothing could have prepared them for the dreadful events of that morning, but when the moment came, when history called, they did not hesitate. They did not waiver. Forty towering patriots rose up, took charge, made their stand, turned the tide and changed the course of history forever. Our sacred task, our righteous duty and our solemn pledge is to Carry Forward the nobel legacy of the brave souls who gave their lives for us, 19 years ago in their memory, we resolve to stand united as one american nation, to defend our freedoms, to uphold our values, to love our neighbors, to cherish our country, to care for our communities, to honor our heros, and to never ever forget. Thank you, god bless you, god bless the heros of flight 93, god bless all of the families, 9 11 will never forget. God bless you all and God Bless America. Thank you very much. [applause] President Trump thank you. Thank you very much. Stuart the president , shanksville, pennsylvania honoring the heros of flight 93. Brad blakeman is with us former Deputy Assistant to president george w. Bush and he was in the white house on 9 11. Take me through it, please, brad because you were there. I think you were rushed out of the white house by the security detail. Take me through the day, would you . Yes. The day started like all days start at the bush white house, with a 7 00 a. M. Senior staff meeting in the roosevelt room. We all convened there with a short meeting and they returned about 7 30 to our offices. I always kept the news on in my office because i knew being in charge of the president s time and his schedule, that anything happening in the world could affect his schedule, and certainly that day, it did. I watched as the first plane hit and then the report that it was a small plane. I couldnt believe that being from new york on a clear day that a mistake like that could be made and shortly thereafter, we saw the second plane and it was clear that america was under attack. I spoke to my assistant, and said that something very horrible is happening in new york and then i walked from my office in the west wing to the situation room and then in the situation room, i watched people watching what was happening as millions did in realtime. There was a lag between what we actually knew and what was being reported, and what was being seen. At a certain point in time, we were evacuated from the west wing, immediately, saying that a plane was coming for the white house. I grabbed my staff, we left the white house, we relocated to another site, 150 people were with me, staff people, and i immediately put them to work. I wanted to find out in teams what did other president s do at times of crisis. What did clinton do with the bombing in oklahoma . What did fdr do after the attack on pearl harbor . So that the president could have perspective as most president s do when do they do it and when do they address the public where do they address them from and its very important, not only what he says but where he says it from and the timing of these things, so we created a briefing for the president , later on on 9 11 in the afternoon it was determined the president would return to the white house, a handful of us returned to the white house and i released my staff around 4 00 in the afternoon on 9 11 to go home and there were patriots. They wanted to stay. They wanted to help, and really, we had to tell them, you need to go home and it was a time of not chaos, but of calm and resolve, and getting things done that we needed to get done, so i was very proud of all of the people i worked with at the white house when the president returned he addressed the nation, calmed the nation, he had more information at that point, and then the next day, forever changed the presidency of george w. Bush. I had him fully scheduled for 21 days. We were scheduling by the minute , by the hour, and the whole focus of the administration changed. Stuart what i remember, and im sure you do too, is that on that day, and the days after, there was that moment of unity. We really did all coming together. There was genuine unity at that time. American flags sprouted just about everywhere. Thats what you saw as well in washington, i think. Oh, absolutely. America is at our best when were tested, and every american was thinking what can i do to help, whether youre working for the government, whether youre handing out bottled watt r on the streets as a volunteer, encouraging people by showing the flag and waving the flag, singing the National Anthem spontaneously. You saw the best of america. Stuart and i believe on a personal note, you lost a nephew yes, my nephew, Thomas Edward jergens, was a Senior Court Office urine new york, he was an army trained medic, a volunteer fireman, left the courthouse, didnt have to go, got a van, responded to the south tower, he was told to leave, he refused to leave, and the south tower collapsed, but i can tell you, my nephew would not prefer to be any place else but helping people. Thats what he did and when my sister was calling me on 9 11, i told her, i said were going to find tommy, tommy will be okay and when the president found out on 9 frac 12 that my ref new was missing he called me at my desk and its the first time he ever said it. He said were going to find the people who did this and bring them to justice and were praying for tommys safe return. Two minutes later he was at my desk saying the same thing. That was the resolve that i saw that day from the president. Stuart brad, i want to thank you very much for sharing that with us on this very special day brad blakeman, all right thank you for having me. Stuart yes, sir, very much indeed. Were commemorating 19 years since the 9 11 attacks. As we said throughout the program, back then, it was that unity, that sense of shock that what had happened to our nation, but nonetheless, that coming together we were unified at that point, and thats what were going to remember today. The president has just delivered a speech in shanksville, pennsylvania, honoring the heros of flight 93. I was hoping that he was going to mention the name of todd beam er. I dont believe he did. Todd beamer was one of the passengers on flight 93 who organized the attack on the cockpit. Occupied by terrorists, todd beamer they took a vote on the plain and voted to go after the people in the cockpit and they did. They rammed open the door, i think they opened the door, with one of those trolleys that go up and down the aisles of a plane, and they succeeded in diverting that flight from its target, which was the capitol. Washington d. C. , and they put it down in that field, in shanksville, pennsylvania. Thereby saving the lives of countless people, in washington d. C. We should remember that, because that happened 19 years ago today well be back. You can go your own way go your own way your wireless. Your rules. Only Xfinity Mobile lets you choose shared data, unlimited or a mix of each. And switch anytime so you only pay for the data you need. Switch and save 400 a year on your wireless bill. Plus, get 400 off when you buy the new Samsung Galaxy note20 ultra 5g. Stuart well its turned into a very solid gain for the dow industrials now up over 200 points back to 27, 700 nice gain for the nasdac too up 67. Earlier this morning, we received the Earnings Report from kroger. The stock is now down. What happened to krogers earnings lauren tell me . Lauren the earnings were great. The problem is online delivery is expensive but that pantry stocking that we saw during the pandemic thats continuing. It is proving to be sustainable for kroger they raised their outlook for the year, samestore sales up almost 15 . Online sales more than doubling, as the way we shopped has chang ed. So kroger is responding to those changes with huge investments in digital but they take some time to pay off by the way theyre testing this 80 a year delivery program. Stuart well they are moving heaven and earth to get into the online Delivery Business and the stock is still at 34 a share lauren thank you. Lets get to tesla. This is interesting. Ubs doubling the price targets. Doubling to 325. So its still lower from the current levels but look its double from what they had anticipated, and thats because they expect tesla to make more money per vehicle they share, also peoples in advance ams in their battery technology, we know that that battery day is coming on september 22 but also they are introducing super chargers being tested in berlin. These are impressive because itll charge your model 3 in five minutes or less and give you enough juice for 70 miles typically that takes about an hour for 70 miles or so, and six to eight hours for 75 full battery on tesla models rosenstein it . Also more available charging stations in the future is what they anticipate at least one more in the inner city of berlin where theyre building their european factory for 4 billion, with 8,000 employees. Stuart to me the Important News is they got a fastcharging thing. Super charger. Stuart how long does it take for a full charge . Six to eight hours. Stuart with this new fast charger . Well this new fast charger only does one hour so that takes , thats not bad. It only takes five minutes for something that would take an hour so you get 75mile charge instead, does that make sense to you . Stuart sort of. [laughter] so it only takes five minutes for something that the would take an hour but you cant do a full Battery Charge off these super charges for now. Stuart oh, okay. [laughter] ill get you into the electric car revolution one day. Stuart one day. [laughter] dream on. All right local businesses in College Towns, theyre struggl ing. Why . Because so many students go to remote learning, theyre not in the College Towns. Grady trim bell standing by, i think hes in a college town. Hes going to tell us how bad it is, tell us grady. Reporter stuart were in madison, wisconsin the students are back on campus here, but they switched to all Virtual Learning to try to get a surge of cases under control, and also , theres no big 10 football here this year, so, businesses are still really struggling. A single game day at Camp Randall Stadium in madison creates 16 million of Economic Impact for the state of wisconsin, according to one study. The football season also brings more than half a Million People to this city of only around 250,000 people, so the businesses who rely on the colleges, from bookstores to bars to hotels, theyre seeing sales fall by 50 or more. We need the fans downtown in madison, doing the whole weekend of the football experience. Fridays are just as crazy as saturdays with everybody coming in, so theres a major Economic Impact when theres not a home game and this year youre not getting any of that. None of it. Reporter of course this is just a snapshot of one college town but its happening at College Towns across the country. The Business Owners we talked to say they hope they can weather this storm and when fans pack the stands next year at camp randall they hope to be around to see that explosion once again stuart sure hope so because theyve lost the year. Grady thanks very much indeed. Dave wonsted is with us, dave welcome to the program. Good to have you with us. Thank you, stuart. Stuart with no College Football the College Towns and businesses and those towns are obviously getting hit but the universities themselves, they must be getting hit because they get no revenue from football. Its pretty bad isnt it . Well it is and i think that one of the issues that compounds it is every state is a little bit different and now, there you see two of the conferences doing it one way, no football, and the other three big conferences are having football. I think that just adds to the problem of not having a consistent field for everyone. Stuart its tough on them. It really is tough when you lose a season like this , all hell breaks loose, forgive the language but its a drastic situation. I want to talk to you about the nfl game last night. The players lined up for whats called a moment of unity and the crowd seems to boo. Just watch this for a second, dave roll tape. Now what do you make of that, dave . That was clear booing. I mean, its politics and sports makes a rotten mix doesnt it . Well i think that patrick ma hone, the star of the league, the face of the league made an excellent comment after the game and said hey, the nfl, the players in the nfl, coach, have a platform to make a stand to make points about making changes in social justice and i think his point was right on and the players coming together, you noticed the during the National Anthem, one team stayed in the locker room, the other team was on the field, but after that, they all came together. I thought it was a great symbol i really did. Stuart do you think the game is hurt . The sport is hurt, in any way, because of this social act, on full display at games . No, i dont think the game itself, you know, talking to several nfl coaches, i mean, youre dealing obviously with social justice change, and youre dealing with covid, so its been a very strenuous year on everybody but i think the players, they have resolve. They are going to get through this thing and the coaches are on board the commissioner is on board the owners are on board so i think good things are going to happen. People are listening. Stuart ive got to come back to this , because a lot of people have been saying to me, look. All i want to do is turn on the tv set and watch the game. Right. Stuart i dont want messages coming at me of a political nature or a social nature. Give me the game. Thats what a lot of people are saying to me. Yeah and to a degree theyre right but once the ball is kicked off, it is the game, and the players are playing the game and nothing is different from that aspect of it from, you know , whats inside the Football Game itself. But i dont know i just think its good stuff. Its needed. People just need to communicate and listen a little bit, and i think thats going to happen. I think its all positive stuff. Stuart fair enough, dave thanks very much. Good point of view and thanks for representing it on this programmed to. Tune in sundays, nfl kickoff 11 00 a. M. We start the whole day for fox football. Stuart thats on my prompter, dave. [laughter] stuart sunday. Seahawks against the falcons on fox, 4 00 eastern time. There you go. Stuart tom brady is playing these days so im told, this is the saints drew brees see i know all of this stuff, good stuff well watch sunday and thats a promise. Coming up in the next hour, larry kudlow, the scaled back virus bill failed in the senate. No Liability Protection for businesses, no 100 billion for the schools, so whats next . Where do we go now . Ill ask larry kudlow. And youll have my take on cities like new york, which in my opinion, are on the verge of revolt. Business owners fed up with the crime, and ongoing restrictions. They want to start thriving again, they are going right up and challenging the mayor. More varney after this. Here . Nah. Here . Nope. Here. When the middle of nowhere. 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To the market, i see plenty of green, we got 185 points up for the dow, close to 50 for the nasdaq, there is green across the side of your screen. Larry kudlow will join us in just a few minutes. All kinds of things i want to know about the economy. Now this, new york city is in revolt or very close to it the people of the city have lived through six month of serious disruption, there is no end in sight and theyve had enough. Watch out chicago and los angeles, the revolt may spread, more than 160 executives from a variety of industries have written a letter to the mayor, de blasio demanding more from change, crack down on rampant crime and improve the quality of life because if you do not people are not coming back. That letter was signed by top executives in a variety of major corporations, macys, mastercard, blackstone and others, big hitters, they are serious. In response the mayors press secretary think the executive for their input and said the mayor will partner with them to build a fair better city, notice the buzzword, fair, that is code for tax the rich, come back for payout. Heres another sign of imminent revolt, on monday, thousands of restaurant workers and owners will march on city hall, thousands have just been told they cannot open for Indoor Dining until the end of september, even then there major restrictions on what, when and how to conserve the trust customers. With those restrictions in the weather killing outdoor dining, very few can break even. According from data from yelp, close to 1000 restaurants and bars already close for good, new york, chicago, los angeles run by democrats in the again for business. Now business is firing back. Brian is with us fox news contributor, i see this as a business revolt taking direct aim at the mayor and the governor. It is about time, you know things are getting bad when companies have been so afraid to offend the woke left and theyre finally coming out and saying something has to change, in some ways its too little too late, i walked to my office this morning, i walked by in a homeless encampment that popped up, they have solar panels on the sidewalk to generate power, meantime the ballfield next to them where you want to play ball is locked and overgrown and i cant get in, thats the kind of thing people are looking at insane this mayor has given up on the city and given up on making it livable and they say theyre not going to get people back, we cannot compete because people dont want to live in that, im glad they were the letter its going to take a lot more for this comeback to happen. Stuart youre a professor in new hat enter manhattan your city, next week youre doing full in person classes in new york city. How many people and how many youngsters are going to turn out . Most of our student body is going to be on campus. We have some that have chosen to stay remote for a few reasons. Our students want to be here, as we talked to them and every one of them says i am so thankful we are finally going to be together again because im sick of being isolated and being like my education, i professional development is on pause because im stuck at home. I want to be here to were doing it in new york city is not friendly to that, the media is not friendly to that it feels to us so often that the media wants this to fail and i think part of the reason the president has been in favor of colleges meeting in person but we want to do this because her students want to do it. We are asking them to partner with us, we are not spying on them, were asking them to help do this right and so far what we seen the ready to step up to the challenge. Stuart the great tragedy is so many youngsters will miss the University Experience rubbing up against people, having different ideas, drinking a pint of beer if you have to for god sake, exchanging ideas, testing your brain, you miss that if its all remote. So much of life happens in the in between unplanned moment. Thats what you want to be in the room and the magic of being in the room when you dont know whats going to happen. So many colleges are keeping students from that room, they do not trust them, they dont think they can behave like adults, they dont think they can do this in the been reinforced by media that wants to see the stall continue. But we want to get the room because we know thats where good things happen and we want to serve them, we want them to serve the marketplace to get out there creating value for people and thats not going to happen unless we get students back at this. We will do everything that we can to make that happen. Stuart well said brian i wish you the best of luck. We will see you soon. Stuart can you show me the stock price of american express. There it is. They have extended their work from home policy until at least june of next year. Now we back on the stock from that, i want to remind you june of next Year American express work from home. Meanwhile the other side of the coin j. P. Morgan telling some of their workers to head back into the office ten days from now. President trump like that, he tweeted this congratulation to j. P. Morgan chase for ordering everyone back to the office on september 21, we will always be better working from home. His with the New York Stock Exchange had to say about getting back to the office. She was with maria earlier today. Rotate. Its really critical to get people back to the office to support the economy. When i made the decision to close the trading floor, it was between People Safety and livelihood, we dont have to do that now we know how to keep people safe, by wearing masks, social distancing, keeping peepers separate and safe and we need to focus on the city. Stuart come back to work in new york city because were tired of showing you six avenue deserted. Its been that way for six months. I want to show you a new survey from the wall street journal from economists there, they say gdp is going to skyrocket in the Third Quarter of 23. 9 , thats a prediction not compared to the Second Quarter performance. Jason is with us now Energy Director at ubs. Thats a very big number, is it realistic, huge game like that . I think it is, the data undeniably has been improving and that number is up from nearly 19 when last surveyed. If that comes to pass and we get the growth rate we will recruit half of the lost ground from the first half of the year. Stuart is not a Strong Enough Economic Performance to justify the stock market rally . Earnings are going to ultimately have to grow into stock prices and we need vaccines, we need the economy to continue to reopen, we need to finally get the outcome of the election but directionally things are pointing the right way so we are still constructive on equities, we view what happened last week as a midcycle correction, not the end of a bull run. Stuart not the end of a bull run amid the psycho correction. Youre not expecting a plunge anytime soon even though the election is 50 days away. We talked about this in the last few months that the fed is in credibly supportive at rates at 0, i think you have to some extent some protection to the downside, all that being said if we dont get a fiscal stimulus package, if we dont continue to reopen the economy, if we do not get vaccines, et cetera it if the election hangs in the balance so we dont know the outcome it is anyones guess, our base case all those things have clarity and probably in the right direction, we are constructive, not so much on whats taking us to the party but will what take us home. And in terms of where to put your money. Stuart you are playing defense as opposed to the more offense position you were taking two or three weeks ago. Yes, sometimes the best offense is a good defense. With equity premiums, risk premiums where they are today, you have to look at things like dividend players and those tilted towards the economy. Those will rebound, the disparity in performance is starting to narrow, the rotation is happening in earnest from the mega tech growth that went parabolic to the cyclical oriented. Stuart i like the idea of a dividend play, i bought into at t because of 29 a share is me 7 . Susan is with me, 7 . I understand your point, take a little risk, go to a solid dividend and maybe you will get a capital gain as well. That is a strategy i can live with. I cannot agree more, if you think about what happens in the next ten years, if you want a treasury or bond the pains. 7 on percent or dividend like you mentioned, there is a potential for some upside where as with the treasury at. 7 youre not making anything other than that return. Stuart well said. 7 . Jason always a pleasure, we will see you again soon. Lets take a look at nikola, shares way down, 13 down, any reason for that. Susan we have a report by Hindenburg Research that accuses nikola and its founder of fraud which is pretty serious. They say they are our false statements made by the founder Trevor Milton who has been on the show and they have proof that niclas faked a demonstration showing a working truck when it did not work and nikola says there considering legal options, they dismissed the allegations as a. Hit job in Hindenburg Research came a few days after General Motors paid 2 billion for 11 in the company and that means that gm will help produce the badger which is the electric pickup truck that should be released in two years time. But you thought nikola shares with the gm deal is all most of 50 as session highs but down in the last few sessions after the Hindenburg Research came out. Niclas says its pure market manipulation by hindenburg because if you bring down the stock in your shorting it and betting against it you reprofit benefits as well. Stuart there will always be questions about shortsellers. And rightfully so of course. Susan just to get back to at t because it yield 7 . I argue that your pain to get the 7 yield. At t is not up that much this year compared to apple which is a 50 or even facebook or any other technology company. Stuart if you major money and a bigname tech stock, they made very good money and you dont want to take a little bit of risk out, i think its a good strategy to go to a solid good dividend payoff. Susan its like gold these days you have to pay to hold it to get the return, that is what i think. Stuart i said i should sell my at t, no im not going to do it. Joe biden vows to raise corporate taxes on day one when he gets into office. Regardless of the unemployment rate. He says hes doing this to help the middle class. I wonder what he is really up to. Larry kudlow will join us shortly from the white house, he will weigh in on joe biden and taxation. The first of soldier severely injured in iraq says democrats are using him as a prop, bobby claims his photo is being used without permission and antitrust propaganda. He is demanding more from take it down, he will join us in a moment, first off a wide look at the Freedom Tower on this september 11. i need it so bad dont call it a hobby. Its way more than just a job. This is how we live every single day. Can we go and play . roaring of engines i needed to try needed to fall i needed your love im burning away i need never get old stuart our next guest has served four tours in iraq, the lone survivor of five soldiers who were in a blast in iraq where he was severely wounded, their speaking out about Veterans Issues but the democrats used his picture and antitrust propaganda on social media. After the article on your our screen was public which claim President Trump referred to fallen military members as losers and suckers. The mans name is bobby and he is with us now. Bobby i do understand your extremely angry about this, let it rip, go at it. Anger of why they are doing this and didnt have the facts on it in Anonymous Sources that are hiding supposedly and those people came on set another happened and it takes that from two years ago. And its like playing telephone with the kids it never comes out the same on the end and they put my picture on that and amys upset and angry at first and that his mental health. They knew who i was, veterans are having a hard time, i still have my days, it was a really hard time when i saw that if i was drinking and feeling suicidal and saw that, i couldve took my life, that could push me over the edge, you dont know who is out there and you couldve put a picture of that person dont put it out there, i want to show them to everybody, if you see something on social media and you see somebody using as a prop like that and theyre not tagged or the name is on the caption they probably have no idea topping. Stuart what can you do about this . What we can do we can do this, you have me on your show and this is amazing, thank you, get the word out, this has to stop i dont know what more i can do beyond that im not about looking for money or suing but i want people to know that this happens and how do we stop it, i need help how do we stop this. Stuart this is not a comment on what President Trump said or did not say about people in the First World War and the milita military, youre not commenting on that, you just dont want to be used in that context, thats where youre coming from . Right, thats where im coming from in the bigger side, nobody wants to be used that way and even if he did say, it doesnt matter, you still dont use me in that sense, i dont care what side someone wants to vote for rooting for it does not matter you dont use people like this, its ungovernable that people are doing that. Stuart how are you doing, its a difficult question to ask, youre clearly injured, how are you doing. I am actually doing good, this happened 13 years ago and if they were to Say Something like youre a loser and youre not a hero to me and told me too my face i wouldve been fine with that, i take that and i might agree with them a little bit, i get it im a loser but what i didnt lose was my spirit, my heart and my sense of humor. Stuart right you are on the program to talk about it and we respect that and we admire it. Thank you for coming on the show to set it straight. This is the perfect day to do it, 9 11 19th anniversary. Bobby, you are right, thats a high highest compliment we can on this program, you are all right. See you soon microsoft sounded the alarm on election interference, we have the story, lets get more from edward lawrence, do you know what microsoft is doing to prevent this election interference. Are pretty more resources related to this in sounding the alarm which is what they did and opposed, they said they stop the majority of the tax against the folks related to the campaign. But there putting this out there in the blog post saying they will continue to defend democracy saying, the activity that we are announcing today makes it clear that foreign activity groups have stepped up their efforts targeting the 2020 election, they identify hacker groups from russia, china and iran they say the russians were going after 200 organizations including Political Campaigns, the chinese say were looking for or targeting the folks who were closest to former Vice President joe biden and his Political Campaign as well as a number of International Affairs Community Members and iranians have targeted people close to president Donald Trumps campaign and in that circle, what microsoft says is happening is similar to what was happening in 2016 were there attacking the periphery to get into the campaigns themselves and highlighting sounded the alarm to make sure folks are aware. Stuart we are aware indeed. Thank you very much. Staying on the election, google, i dont get this but susan is going to explain, google is making changes to its search bar. Susan they dont want to sway the vote, this is misinformation what happened to 2016. This is when we had russian interference paid what google wants to do is prevent anybody from swaying the boat and when you type in the topic into the search line its usually auto complete meaning theyll come up with a suggestion as to what exactly you are looking for. Theyre gonna stop that when it comes to the election and the vote because they dont want to endorse or oppose any parties or candidates and they dont want to give you the wrong information and this is important because how many people search on google, 98 goes through google and we know that facebook and twitter are something other campaigns to prevent any missing information they are banning all before the election, twitter says no political ads per google wants to do their part as well. Stuart stay out of it please as much as you can, you dont want to sway things one way or the other. Being neutral please because you would be accused of a whole list of things, election manipulation. Meddling thats a word they are using. Thank you susan. Lets get to peloton, the stock of the day, earlier this thing was up 10 and close to 100 a share, now its come back down again to 89 a share, they have skyrocketing earnings, and enormous increase in sales, actually tripled from last time. Susan not just that engagement doubled. Meaning people worked twice as much in the quarter from march june to the covid longterm then they did last year with no marketing spent in subscriber growth should double again next year that is incredible. Stuart that is, im surprises come back to 89, thats 11 lower than it was an hour ago. Its come back down. Thank you susan, town sports, they owned jams like new York Sports Club boston sports club, they own them, and theyre going to file for bankruptcy, they lost a lot of money with closures and another story about peloton work from home and exercise at home doing well, establish gems with subscriptions not doing well. Weve got that. Despite roller coaster markets this week, President Trump says were on track for big economic recovery as long as he stays in office. Watch this. The fastest recovery by far, that is anywhere, nobody has recovered like we are recovery, we follow joe biden strategy which shut down the entire country after just having set records on growth. What will larry kudlow have to say about that. We will soon find out because his life from the white house next. And im proud to be an american where at least i know im free and i wont forget the men who died who gave that right to me this is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Apps except work. Rywhere. Why is that . Is it because people love filling out forms . Maybe they like checking with their supervisor to see how much Vacation Time they have. Or sending corporate their expense reports. Ill let you in on a little secret. They dont. By empowering employees to manage their own tasks, paycom frees you to focus on the business of business. To learn more, visit paycom. Com hold on one second. Sure. Okay. Okay safe drivers save 40 guys guys check it out. Safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him hes here. Hes right here. Hi hi. Hey thats totally him. Its him thats totally the guy. Safe drivers do save 40 . Click or call for a quote today. Stuart wheres that market this friday morning it is up 200 points for the dow, 19 for the nasdaq, that is not much of again, a 16point gain for the s p, the dow is a standout indicator at this moment, im getting it back to lululemon, we told you about this earlier, there under fire for promoting a class on resisting capitalism. You reported the story earlier, what do you think about it. Lauren i think is my favorite story of the day, its hypocritical, the last pair of yoga pants i looked at were 98, you cannot sell 100dollar yoga pants and report online sales that grew 167 in the last quarter and then sponsor and promote a class about resisting capitalism which is the reason youre in business. Stuart im in full agreement. Susan is next. Susan this is so woke, the peak 2020 when a Company Worth 45 billion only 150 yoga pants says, what did they say, the resisting capitalism when pretty much built their empire on capitalism and people spending their free money. Stuart is such a contradiction, youre rich and powerful company with tens of billions of dollars but you gotta resist capitalism. In my alone, i am not alone, actually youre with me. Ashley who is the genius who came up with this campaign when theyre coming up with a new ad, it is quite simply pathetic into lawrence point, the biggest eye roll story of the day, the company that spends and charges a lot for the yoga pants has done very well but all against capitalism, but to resist capitalism, give me a break. Stuart is seems like they assume all young people are leftists, out to get capitalism, it makes no sense to me at all. Maybe they should come back to england with you and i and see what its look living like with a socialist economy. It is not pretty, we have news on peloton, what you got lauren. Lauren we were looking at the stock, it was up so sharply earlier this morning and now its barely higher, look at that, 88, i was reading the report that came from the market, they compared to netfl netflix, netflix added upwards of 20 million members during the pandemic, peloton added 380,000, you are not comparing apples to apples, its much cheaper to have a Netflix Subscription but they are questioning where are these users and subscribers as many and should have more because of the pandemic. Thats the point theyre making, look at the stocks, not up as much anymore. Stuart you gotta compare apples to apples, netflix to peloton is not a valid comparisons. Lauren one more thing on lululemon, i give them credit for this, they proved that during a pandemic when people are going to the gym anymore, theyre not going to soul cycle classes where you show off your latest expensive lululemon gear, they prove that they can still make a lot of money with people getting comfortable at home. That is also for them, but to no we want to be so proud of them, that is wall street this exceeded, they are doing all resisting capital and more culture. Stuart you are so right, we all agree on this, were so right. Guess who is now ready, miked up and ready and raring to go, the untrained man himself larry kudlow. Welcome back always good to see you. Thank you. Stuart the skinny bill failed in the senate, this has no Liability Protection in the schools are not going to get the 100 billion that they were supposed to get from this bill, now what, will Something Else be put forward so there is some stimulus coming up. In truth i dont know, there is going to be something of a shift right now to a continuing resolution to keep the government open, secretary mnuchin Speaker Pelosi agreed it should be a clean cr, my suspicion is going to be the next order of business although its another cares bill and so forth, there will be discussions of people want to discuss, i dont expect anything dramatic in the nearterm, i want to highlight, you mention key elements, this is the part i dont get, we have 57 republicans, the party is unit united, the democrats would not help them in the senate, you talk about adding 300 to assist the unappointed benefit, 105 billion to open schools, theres an agreement on that and there has been an agreement and even the post office gets 10 billion for loan forgivene forgiveness, vaccines and related testing and so forth, almost 50 billion in the ppp for Small Businesses which i do think would help the economy quite a bit, over 250 billion, there is also childcare credit and more assistance if you have to stay home. These are things that really both sides have from time to time that they agree on. Although i dont think the recovery hinges on this bill, the reality is it would help, i dont understand the logic, why not do it. Stuart i think youre close to becoming very political here, it could be that the democrats dont want more help for the economy, because they dont want the economy to succeed and they will blame for it all, thats a politics for the situation. I think youre better political analyst than i and all readily conceive that. Im just trying to stay on the policy side because the things that i mentioned, theyre all good things and in the talks in recent weeks there have been agreements, the disagreements are about the size and scope, a third of the democratic package had nothing to do with covid for example, that is not right, the democrats, you may be right politically but im just saying ordinary folks listen to us were going about their business today, main street folks, bluecollar and so forth and people going back to work in offices of new york which is a good thing, they would like to see the government do something positive and i think the gop has had a leg up on this, i know thats political but theres no reason why we couldnt have agreed to five or six key things and i will say the liability restriction as you mentioned is really essential, the Small Business help is really essential and the kids going back to School Assistance is really essential. Kids in jobs, what is wrong with that. Stuart read the wall street journal doing a survey of the economist and to say in the Third Quarter of this year we will have a growth rate of 23. 9 , that is even better than you said it was going to be. So are we still on track for a better growth rate third and fourth quarters. I think so, we be happy with 20 , that was our initial estimate, but i do think you seen an upward movement, the jobs numbers and unemployment have been strong, housing, automobiles, manufacturing, you look at a very strong vshaped recovery type numbers. The atlanta fed is over 30 or at 30 and their gdp and ive seen wall street estimates up to 35 , i will stay where we are but the great news here is businesses are reopening and the economy is moving forward at a rapid, probably better than folks thought. That is really the great news, that will continue, people say the jobs improvement is over, i completely disagree, if you look at initial on appointment claims or continuing claims versus a month ago, they are way way better so i see no reason why september jobs report wont be an excellent number and again, inventories have to be rebuilt to help the demand for cars and meet the demand for cars and demand for various Consumer Spending items, thats a selfsustaining recovery, i think were back on track, we have to get everything reopened, i daresay may home in new york city 25 restaurants is not enough, we should go as much as we can. The virus numbers are coming down very well in the fatality numbers are coming down very well, i know this is not over and i know there still hardships out there but i hope and pray these trends continue because American Economy is very durable and the underpinning on low taxes and regulation are very helpful to future growth. Stuart thank you very much for being with us today, its an important day, 9 11 memorial 19 years on, were very happy to have you here today. May i say god bless all of those people who helped us to get to that day. I was in the city that day, so was my wife, god bless them and god bless the cops and the fire people in the First Responders, we should remember how heroic they were on 9 11 instead of beating them up today, lets not forget history. Stuart lets not forget that day in the succeeding days we were united, it was a unified country, wonderful thing too. Larry kudlow thank you for joining us. You are looking at an empty restaurant in an empty bar. Now thats a situation on new york city and i will tell you now, the Restaurant Owners, the bar owners are not happy about whats going on in the city, here is times square again, absolutely deserted. What on earth is going on here. We will be back. Here . Nah. Here . Nope. Here. When the middle of nowhere. Is somewhere. The allnew chevy trailblazer. The volatility. The ambiguity. The moment calls for more. And Northern Trust delivers more. With specialized expertise. Proven strategies rooted in data and analytics. And insights borne from over 130 years of successfully navigating economic turbulence. Giving you clarity. Inspiring confidence. And helping you uncover new paths forward. Northern trust. Wealth management. Stuart new york city will allow limited Indoor Dining at the end of this month. The Restaurant Owners say it is not enough, thousands of them will be protesting this opening up in new york come monday morning, joseph smith is a owner of the steakhouse in new york city and hes leading the protest. What are you demanding more from . We are demanding more from 50 , 25 is way too low, it is not going to cover payroll, we have rent, insurance and its not close to what we need. Stuart what is going on in the city, i live in new jersey, last week they started open Indoor Dining, 25 , that was last week, loads of people want to eat indoors, why cant new york city do the same thing. Were being led by a man that is too much leftwing, he is never run a business, he does not know what running a business means, his copartner i dont think hes on the wing but we are getting screwed as were the second biggest employer in the country and for six months, weve been forgot about, weve been open up swimming pools, we can put security, teacher on pools but except for how to get people back to work, there is a package for 2. 3, pelosi and schumer rejected it, these two people have been informed on the workingman side since this thing started. Stuart what you hear from the authorities that have a new cdc report which claims you are twice as likely to get the virus, get infected if you dine out, that is where theyre going to throw back at you, it is not safe, what is your response. My response to that people are wearing a mask, and virtually i cannot do because im in commercial, people are going inside in the hamptons, 50 seating inside, it is been like that all summer, theres no reports of anybody getting sick, third they could agree to let riots go on, both of my restaurants in washington were looted and demolished, they are not stopping that, they can go inside illegally but they cannot go inside legally. Thank you very much for being on the program. We wish you well. Its an honor to be on your show, ive been a fan for 20 years. Stuart now the man tells us. And irish man about an english man means a lot. [laughter] stuart you will be back joseph. Good luck on monday, see you soon. Restaurants are not the only businesses struggling to survive, drycleaners, they got a huge drop in business because of lockdown, jeff flock is not a drycleaner in evanston illinois, how bad is it. This is my drycleaner back in the day back in evanston, ill tell you eight used to be buzzing, it is no longer buzzing even though im a good customer because i wear shirt and things that need dry cleaning, look what theyre doing there supplementing with making masks. This supplement the income. Yes it really does, its helped us tremendously. Stuart stuart wants to know how bad things are right now. People talk about 90 jobs, i think for us its more like 70 it depends on the location. How can you stay in business at 70 . Thats why we supplement, we try to be as positive as possible and keep as many people working. You ppp, yes we got the loan and im very thing for that will sustain us for a couple more months. We will see. But i think things are picking up, we will see. Optimism in the chicago suburbs. I would love to come back here, they do a wonderful job. Stuart we can tell. We can tell. See you again soon. Thank you very much. Guess what is next, you know what is next. Susan friday feedback. Stuart friday feedback is next. Stay with us. Give you my world how can i, when you wont take it from me you can go your own way go your own way your wireless. Your rules. Only with Xfinity Mobile. Stuart that is the Freedom Tower, 1776, thats how high it is, the Freedom Tower. The weekend is about to begin so were kicking it off with friday feedback, susan, lauren, ashley altogether now, the first one comes from jim, he emailed hess, what is the nasdaq stuff, who cares what the nasdaq is doing, would you please go back to the dow window, what do you say susan. Susan the dow only has 30000, they call it the grandfather index because it has the Oldest Companies on it and they say it doesnt include some of the highflying tech stocks which is true, somewhat also say the dow is that a better representation of the economy as a whole because it has a steelmaker, he does have exxon and the oil giants as well. Stuart were gonna quote the nasdaq because thats where the tech is, thats where i make my money. Molly wants to know this, is your sons wine available in the u. S. , the answer to that is no, im afraid its not, my son owns and runs out winery and australia which just won a big prize as the best new winery in the prizes awarded by james handed a the equivalent of Robert Parker in australia. Unfortunately an import export deal at this point but when we do varney wines, that is my son, we will bring it to america as some point. You can all taste it, there is the venue right there, near australia. Mary obrien wrote to us on facebook when you sold boeing, what did you buy, not microsoft right . Stuart i went to cash. Susan cash is trash, you make no return. Stuart did you do the right thing . Ashley i think you did. Stuart thank you. Ashley you always do the right thing. [laughter] stuart the last one comes from james, he has a suggestion, why dont you and the crew try a dress down friday like the cow guy, his outfit is an utter disaster and i like to see you and your company in jeans and a teacher one friday afternoon, what do you say that lauren. Lauren eisai mission accomplished, i weighed my pajama pants today. Look at that. Stuart study on look at that. Ashley. Lauren its friday, i pa plate under blazer that i said one of my get aware i wouldve put on my pajama pants. Stuart a wonderful moment of honesty. Thank you for writing and, more varney after this. These days, businesses are adapting to new ways of working. And innovation is at the heart of it. Verizon 5g ultra wideband is the fastest 5g in the world, with speeds up to 25 times todays 4g networks. Its massive capacity and ultralow lag time is already available in parts of select cities around the country. Which means businesses both large and small can innovate like never before. Before money, people tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited. S time for Digital Currency and your investment in the grayscale funds. Go digital. Go grayscale. Thank you for working very hard. Neil it is yours. Neil thank you very, very much, it is calling back a little bit more but this day we remember what happened 19 years ago today that rocked the world in particular in washington, d. C. And take pennsylvania, we also fastforward to development certainly in bigcity areas where they are afraid to come back to work even though a number of bosses are staying time is up, we want you to come back to work. Let us rephrase that, we demand to come back to work. It is not dicey, that crazy, that his stork, its bee