Have congressman andy biggs. After the mess from the first president ial debate. I wanted to learn more about policy. Many feel america lost i would like to see another debate with a different formality. Our Political Panel will weigh in. All that and so much more on making money. Charles market rally today might not have been with some expected after last night but there are a number of moving parts that actually matter more to the stock market, right . The economy is probably more important than the debates. Heres the thing, folks with, very a string of positive Economic Data pouring over the last 24 hours. Yesterday Consumer Confidence saw the biggest drum in 17 years. Chicago pmi jumped to levels not seen since 2018. New home levels highest ever really. Adp jobs report, 749,000 private sector jobs added last month. Sectors closely associated with overall optimism and election out comes. 60,000 in mining, 60,000 in construction. 130,000 manufacturing jobs. Street holding out hope that the congress will come to its senses. With all i talked about far too Many Americans are left behind a lot of moving parts in the news. Lets dive into it with powerful panel. Kaltbaum Capital Management president and Fox News Contributor gary kaltbaum. We have Global Research katheryne rooney vera. And benchmark managing partner, kevville kelly. Start with you, gary k. How are you surprised that the market would surge offer all the powerful Economic Data and that may keep the fed at bay and there may be no fiscal stimulus plan . The fed not at bay. Theyre still printing 120 billion a month. Rates 0 to the year 3,000. Unlimited amounts. You combine that with the economy getting better, i think on friday last week i thought a low possibly could be put in on monday. I sent out the note but we gapped up, that the low looks to be in today. We got confirmation. Guess what is usually leading . Technology, just foal the nasdaq, nasdaq 100 and semiconductors, and were off to the races. Whether we go straight up or not i dont know. There is some resistance on the way up. But you can see that the buyers have the upper hand again. Charles kathryn, sounds like gary k. Is saying were actually as investors having our cake and getting to eat it too . I couldnt agree more. The economy is doing remarkably well. Were definitely in recovery but that is detached from the government reality which is need for additional fiscal stimuli. Something on your program i said charles, ad nauseum, i think monetary and fiscal stimuli are in the pipeline. The market doesnt even care about the debacle last night or the market probably wont care about the election outcome. The market is focused when and where we feed the money. Charles it is still a tough september. For me that doesnt change until the s p closes above 3400. Well see even more buyers, kevin come out of the woods. What adjustments are you making in this market since we last talked . The adjustments ive been make something actually going, getting to where the puck is going, right . We know well be going to 5g. When you look at Semiconductor Names like qualcomm were going to need a proliferation of their chips and handsets. Apple think about it, has not released a iphone yet that can use 5g phone frequencies. You want to own the Semiconductor Names and cell phone Tower Companies like crown castle. Doesnt matter what happens with the election. Well have 5g regard lis of the president , right . You want to invest in names that last five, 10, 15, 20 years. Charles so, gary on these debates, did you learn anything that might have changed your mind with respect to possible out come and or the impact on the economy and the stock market . I think from last night there is a bull market in tequila shots after watching it. Charles [laughter]. Let me say that, look, im a big believer in low taxes, less regulation, joe biden is going to go the other way but that is for down the road. If he wins the election you also have to win the senate. They have to put it into place. I think joe biden will, if he wins have to recognize, he does damage to the economy because of it, he will be only four years. I know there is people talking like he will only be 30 days. I dont think much changes there. I think kathryn nailed it, when you have a Central Bank Still printing 120 billion zero rate. That is not just here, but around the globe. That matters big time to markets. It has been going on 11 years right now and it is not changing anytime soon. Charles right. But by the same token, kathryn, you say if there is a blue wave, some of the things you predict with a blue wave are very frightening. Filibuster, two new states, four new senators. They will expand the Supreme Court. That is scary stuff. It sounds like it will turn the republic upside down. I think it is scary stuff, charles. That is something the market has not taken into consideration. Is a blue wave potentially detrimental to the markets and the economy . In my view definitely so. I think we need to be positions for that. Whats even worse, charles, i think contested election. Weve seen the the debacle coming out, with ballots given out like water. Pennsylvania will be a mess. Nevada will be a mess. Thank good fess here in florida, the Voting System is president wellmanaged i would say. It will bring to the fore a lot of volatility. We have to be positioned. We have to have a barbell strategy with long risk positions because of the fed but protected by gold, by tips, put options and elevated cash position. Charles you know, kevin, on that note, we get some pretty good market experts on this show. We get the advice, maybe using assets as hedges or some form of insurance you about one thing weve seen this september, weve seen it a lot when the you know what hits the fan feels like nothing works. How do you give yourself some sort of insurance that the viewers might look into . That is exactly right because we see asset correlations go to one. Weve even cecil very and gold sell off so far in september t was not a good inflation hedge or a way to play the Central Banks printing money everywhere. So i think the best way to hedge your entire portfolio go out and buy high quality names that you can know and trust over the long term. If you get a pullback you can put capital to work and buy those stocks even cheaper. Ive done it. I bought names higher than where theyre trading now. I dont care. Over the next three, five, 10 years i will enjoy the companies especially ones im using in my daily lives. When i shop online, my package coming from a prologis distribution center. I own one of those. Like im getting rebate every time i buy something. Charles i like that idea. I like to go to cash myself. Gary k. , give you the last word. Weve got 30 seconds. You move your money around more frequently than a lot of folks but do you do any hedging . No. I just sell go to cash. I buy back in. I dont really care too much about taxes. And i think everything turns in the last three days and were in there now buying up things we had before. We love the great technology, cloud software, internet, Online Retail names. Theyre the ones with, have the greatest growth and they cut through the mustard and we think they will continue to work and looks like were getting going again. Lets keep fingers crossed it lasts a while. Charles, real quick the problem with cash sometimes you cant time the market. Charles thats true. Also it always hurts me when our florida guests brag not worry about taxes. Im sitting here in new jersey right now. Sorry, charles. It is what it is. Charles kathryn, gary, thanks very much. I appreciate it. Investors are sharing that the house may consider coronavirus aid bill as soon as today but not everyone is celebrating. Arizona congressman andy biggs says he cant afford all of this new out of control spending. He will tell us why next. Were witnessing the firstever female recession. This could wipe out decades of economic progress for women. Well be right back. Look limu someone out there needs help customizing their Car Insurance with liberty mutual, so they only pay for what they need. False alarm. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Hello, im michael youssef. Lately, we are hearing so many conflicting voices and i dont blame you if you are anxious and worried and troubled. But if i told you that theres only one voice that you can absolutely trust. After all, he wants nothing from you and wants to give you everything. Im talking about the lord jesus christ, who said, come unto me, all who are carrying heavy burdens and worry and anxiety. And i will give you rest. Hes the only one who can give you true rest and peace. Will you come to him . [female voice] are you waiting to find a trustworthy voice in the midst of the chaos of this world . Visit findingtruepeace. Com to find a voice that will never let you down. Again, thats findingtruepeace. Com. Charles stimulus talks nearing a fever pitch on capitol hill with sources telling fox news that we could see a house, the house actually consider a bill today if not this week. Cheryl casone is live with more details. Cheryl . Reporter the timing is kind of interesting right now and a little fluid, charles, but secretary mnuchin is reportedly on the hill. Within the last two hours he held a meeting with speaker pelosi, that happened 1 00 p. M. Eastern time according to our own edward lawrence. Mnuchin told reporters he was meeting with mcconnell after the meeting with pelosi. Next hour, politico arrived on the hill to meet Senate Majority leader Mitch Mcconnell but since departed to travel with the president. All of this matters. People are hopeful we can come together to get a relief package. Administration seems firm that it would not go above 1. 5 trillion. Pelosis original proposal clocked in 3. 2 trillion. This is where we believe with the house, 2. 2 trillion. 600 in unemployment benefits, state an city aid. Paycheck Protection Program for Small Business and funds for the beaten down airline sector. Looking at Airline Stocks right now, certainly keep an eye on the names as we move back and for the. All are in the green. Mooch wants to see airline and Small Business industry. What will mooch react in unemployment extension. We learned with the last package americans were making more money by not working not motivated to look for a job. Administration makes it clear they go back to that. The 600dollar figure could be a sticking point. Were waiting for news from the hill. Well bring it to you when we get it. Charles cheryl, we appreciate it. Today weve seen a ton of great Economic Data but reminders much work we have to do. Challenger, Gray Christmas there were 115 announced layoffs in august. That was 116 increase from a year ago. Believe it or not it is down significantly from the 600,000 job layoffs in april. We know the numbers are still too high. Look at these sectors, transportation layoffs in august up 647 . Retail layoffs announcement up 194 . Entertainment up more than 8,000 year to year over, since yeartodate over year to year. Now it is against this backdrop that nancy pelosi and Steven Mnuchin are engaging in these last minute talks to provide another round of fiscal stimulus but my next guest is not a fan of more government intervention. I want to bring in Arizona Republican congressman andy biggs. Congressman biggs, thanks a lot. We keep seeing a lot of great things, right, a ton much great news but were reminded tens of millions of americans are being left behind. How do we deal with that . How does Congress Deal with that . Well the first thing that we have a realize is that we havent even distributed all the money from the last Coronavirus Relief package. You have 150 billion in ppp money that has not been allocated yet. Maybe that is where you begin. The second thing you do you encourage these states and cities to open up all the way. Some states are saying were open but theyre only partially open. They are still putting lockdowns and restrictions on businesses which are preventing people from coming back. I guess the third thing i would say, charles, when i talk to Small Businesses within my district and my state, please whatever you do, dont continue with that federal unemployment bonus because we need workers. Were ready to go and people wont come back because they make more being unemployed, with that federal weekly bonus of 600. So i am always baffled at the capacity of congress to intervene and have unintended consequences. Charles yeah. There is no doubt about that. In this particular case though the sense of urgency was unlike any in our lifetime but you know there is a report out today and i want to share some of the findings with you, about the stimulus, how the money was spent. 42 of folks spent it, had fun with it, 27 saved and 31 paid down on debt. The lowest income households lower brackets they spent the most money. But here is an interesting thing i want your thoughts, 4 of folks who were getting unemployment, extra money said they stopped looking for work to the point you made. According to this research 21 actually said they were searching even harder for a job. Could that be true . Outside, this is regional issue because different regions have taken different approaches between lockdowns and things like that. I mean is it possible that there are millions of people out there who might still look for a job even getting this extra money. Of course thats possible and i think that speaks to a lot of americans commitment to work. We find great sense of mean being when we have meaningful work to do. It helps our sense of being, our selfconfidence, defineds who we are a little bit. That is good news. The difficult part is, you also incentivize people not to work. And it is, that is a tough tradeoff. And now if we are opening up society these people wanting to look for more work, they will have better opportunity to get it. That is my belief. Charles we saw big news out of disney that underscores all of this. We have less than a minute. I got to get your thoughts on last nights debate . I thought, i thought it was interesting, a little pugnacious perhaps but you know what, it kind of reveals what we knew all along. I dont think anybody was moved probably too much one way or the other. If you liked trump before, you probably still like him. Same with biden. Sometimes i think these debates dont really determine or change outcomes. Charles all right. Congressman bigs, thank you very much. Always appreciate it. Thank you, charles. Charles speaking of the happiest place on earth, it is just not living up to that title after disneys mass layoff announcement yesterday and this company is blaming the state of california. Plus were hashing out last nights debate. I will be honest. It was a chaotic mess. What do you think though . Tweet me cvpayne. Your party wants to go socialist and. My party is me. They will dominate you, you know that. Hard to get any word if with this clown. Radical left. Will you shut up, man. There is nothing smart but, joe. keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo your party wants to go socialist medicine. The party is me. Im the Democratic Party right now. You just lost the left. Are you willing to tell the American People tonight whether or not you will support ending the filibuster or packing the court. Im not going to answer the question. President trump why wont you answer the question. The question is. President trump radical left. Will you shut up, man. A lot more will die if he doesnt get smart. Dont us the word smart with me,. Man, youre the worst president america has ever had. Charles it turned into a chaotic mess. Too much talking over one another. Not enough policy for sure. Joining us for postmortem, democratic strategist, communications ceo laura fink along with Fox News Contributor deneen borelli. What did you make of the debate overall . Charles, i did watch the whole thing and here is what President Trump was able to do, because joe biden has been hiding for so long he was able to get him on record and to let voters know where he really stands. He literally flipflopped own the Green New Deal. That is the far lefts prize baby so to speak. He put it out there, no, im not for the Green New Deal actually. He also said he was going to raise taxes, peel back President Trumps tax cuts. He also denied his son hunter did anything wrong with his foreign business dealings. He refused to say that he would not stack the Supreme Court, pack the Supreme Court. So joe biden is on record. There is no denying it. President trump was able to call him out on everything. Charles laura . Oh, well, i would say, i will agree with you, charles, that debate was utter chaos. Probably the worst debate in modern president ial history and donald trump was dictating the terms of that debate, trying to interrupt everyone. The moderator, chris wallace, trying to drown out with just an absolute torrent of anger, anything joe biden was going to say. It made it really unwatchable. In order to persuade people you have to be able to talk. They have to be able to understand you. I dont any that he appeals to suburban women, to White College educated women or White Working Class women which are a critical swing group. To me looked more like their worse boss or horrible exboyfriend that type of anger really doesnt persuade. I thought joe biden held his own. He made a contrast between scranton and park avenue. He tried to get points across addressing the American People directly. Donald trump either emotion, possibly strategy made that debate what it was, which was unwatchable which is not good. We know he cant just tread water. He is seven points down and he needs to gain ground. Charles you know, one of the things i didnt like was the format. I think if you have a debate and someone is answering a question and they throw a few barbs at you, you have to be able to respond. Having to stick to the clock. Going down an agenda, deneen a list of item after item after item. I think for debates to work there has to be more flee free flowing. They may not do them again, perhaps the moderator to cut the mic. Would that be helpful for this type of event. I dont know if that would be the best aspect or not but you have to see what the proposals are. There was a lot of cross talk. There was a lot of chatter going on which is unfortunate because we couldnt hear everything everyone was saying but i got to tell you, im looking forward to the other debates. Well see if they do happen to change these rules but i did hear some talk of cutting the mic. I really dont know if that would be the best initiative or not at this point. Charles laura, should they have more debates . I mean i think charles so you like to see more with moderator cutting micses. I would like to see the moderator cutting micses. Charles well see. Depends when they happen to do that. It would give the moderator a lot of power. But i think you got to have a little bit of power because donald trump enacted a filibuster for two hours. How fair will the moderator be in terms of cutting off the mic . That is my point. I think you can charles ultimately people are concerned how the moderators might feel, how the moderators may feel about the president coming into the debates, whether or not they would treat him fairly. Right. Ladies, thank you very much, a great conversation. I think well do it again. Laura and deneen. Lets switch gears. Late after the bell yesterday disney announcing they would lay off 28,000 employees. This as the pandemic continuously hit the park operations but it is not all park operations right . In a letter to employees disney blamed california for refusing to allow disneyland to reopen. They say that is the catalyst for this mass layoff. Remember billionaire bond fund manager Jeffrey Gundlach he questioned whether or not he should leave california to escape its incompetent governance and high taxes. To discuss, independent womens forum, hadley heath manning. A couple of high taxes, regulations stoking frustration over the last 10 years has seen a mass exodus. Are we at a point where businesses should be allowed to reopen, obviously smartly, safe as possible, they must be able to do it or well see these mass layoffs. Well, were in a position, especially talking about theme parks where there is cone influence of factors, one of them being the state restrictions in the state of california. Youve also got the continued Public Health care but at this point, charles, people are experiencing pandemic fatigue. Many americans want to make their own decisions what kind of risk they will take going to a theme park, going out to a restaurant, sending their children to school, if they arent free to make those decisions of course they have toe follow whatever state or local ordinances are in place. When it comes to disney, Leisure Industries were looking at the Economic Impact on americans. Do we have spending money to take a Family Vacation to disany . The confluence of factors, limitations by government, Government Health care, economic concerns, there is no surprise Charles Disney was pretty clear about this. Hadley, disney was pretty clear about this. Their parks are open in other places, other countries. Yesterday the largest mall in america probably the world in new jersey said, yeah, were open for business. Weve made adjustments. Businesses are making adjustments. If you dont make adjustments how many times can we handle a business laying off 28,000 people because this wont be the end of it . Well thats right and you have to ask what are those people going to do in the meantime . Why you have congress having a discussions about a stimulus. The real question some people are asking when can we get back to business as normal . When can i have my job back . Because the best economic stimulus to reframe a reagan quotation is a job. When you give people the opportunity to work you not only create an income for that person but you create something productive for the economy foreother people to enjoy. Ultimately the best stimulus moving forward will be allow people to work. Charles yeah. And dignity of a job. Ive got a minute to go. I thought about you immediately, when i read this about the pandemic disproportionately a affecting women, black women, hispanic women, women with children. This appears to be the first female recession and it will wipe out decades of economic progress for women. How do you see it . Certainly no surprise, women, social creatures work in a lot of social sectors of our economy. Those facetoface interactions, hospitality, care giving those sectors hit really hard that is not a surprise. Women bearing additional child care responsibility at home as those options disappeared. School moved into the living room or at the kitchen table. So moms oversee homeschool that makes it harder for moms to participate in the work place. My hope we get back to normal and restore economic highs women saw prior to the pandemic with record openings of women owned businesses, alltime low in poverty for single mothers. Lets get back to that place. Restore the economy to full steam. Charles open the economy, open the schools and let us get back there, im telling you. Hadley, thank you very much. Always appreciate our conversations. Meanwhile stocks paring some of these gains as youve been watching. Mitch mcconnell throwing cold water of a stimulus deal, saying it is safe to say were far apart. Well continue on markets. House republicans are also calling chinas rise a generational threat. Im going to get reaction from state Department Spokesperson Morgan Ortegas later in the hour. Palantir asana are making their debuts today. How these startups can shape how the inpoe market is handled forever. Well be related back i wanted more from my copd medicine, thats why ive got the power of 1,2,3 medicines with trelegy. The only fdaapproved, oncedaily 3 in 1 copd treatment. With trelegy and the power of 1, 2, 3, im breathing better. Trelegy works 3 ways to open airways, keep them open, and reduce inflammation for 24 hours of better breathing. Trelegy wont replace a rescue inhaler for sudden breathing problems. Trelegy is not for asthma. Tell your doctor if you have a heart condition or high Blood Pressure before taking it. Do not take trelegy more than prescribed. Trelegy may increase your risk of thrush, pneumonia, and osteoporosis. Call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. Think your copd medicine is doing enough . Maybe you should think again. Ask your doctor about oncedaily trelegy. We know times are hard and were here for you. Find support at trelegy. Com. Charles ipo fever continues with no cure in sight as one of the most highly anticipated stocks of the year making its public debut, palantir. Its a Big Data Firm cofounded by peter thiel. Theyre going public and call it direct listing. It is very rare. By the way theyre not alone. Lauren simonetti joins me now with more. Lauren. Lauren what a day, charles. Investors appetite for data, return it continues. So what palantir does is number crunching. They do it for the government, they do it for private companies and they just made a direct listing on the new york stock exchange. Today one of four Companies Ever to do so claim. Joining spotify, slack and asana which also went off today. For palantir opened above 10. That is the above the Reference Point of 7. 25. It gives the company a valuation of 22 billion. Is that a lot in 2020 when this company has been in business for 17 years . I do not know, charles, but i do know this, that a direct listing differs from a traditional ipo. It doesnt create new shares, it lets early investors sell theirs and allows regular investors to got in. All that democratization of access, putting everybody on a level Playing Field that any investor can buy into the listing on its first trade on its first day. Lauren went pretty much according to script, i have to say. Here is the big question, where do the shares close today . Remember the float size is small. 20 of shares made available. There is appetite of new issues. I want to show you this, a long list of unicorns hitting the market, snowflake, jfrog, potentially raising more money than any other year including the tech bubble years of 99 and 2000. Why is palantir so hot . Its data helps businesses make smarter decisions. That is what everybody wants to do. It has revenue growth, not to mention stable sources of income coming from government clients. It is controversial, in Silicon Valley, main street, wall street, it moved its headquarters from Silicon Valley to denver. It surveillance helps track immigrants at the border. It is structure so rare, allow cofounder peter thiel allow more control than anyone else essentially forever. Investors didnt accept that with wee work but seems theyre willing to accept that now. After all, charles, it is 2020. Anything goes. Charles peter thiel has got a pretty good track record too. He does. Lauren, thank you very much, appreciate it. I want to bring in the ceo of Ladenberg Thalmann Asset Management fill blancato. This means less call street involvement. They can sell stock insiders on the first day of trading. How does that impact it and is there anything we should be concerned about. Two things, since you and i were kids the number of publiclytraded stocks goes down and down to a third it once was. If this allows more people access to the Public Markets im for it. This disenfranchise big investment banks. They dont make as much money on this. Cheaper access to the market. That is one. The bad thing is, one of benefits having a big bank behind you, say your stock is unable. They can come in and control the price of the company. They can come in buy more shares. Some cases they can release more shares, like snowflake, a controlling mechanism called a green shoe. That is old wall street that way. On one hand you have more risk this way and people that are listed in the company if theyre not completely sure theyre red did you to go you have more risk and volatility. It is cheaper, give more access and something your prior partner said was, more people can get in on the ipo in a way that we havent seen before in a way that is clearly an advantage for a retail investor. Charles some people say they dont have a big Brokerage Firms to prop up the company, to promote the company with individual brokers but i do want to broaden this out because earlier in the month you know all of these ipos and the spacs, they were actually blamed for sucking money out of the winners, the hot stocks in the market and right now really that doesnt seem to be happening. Is there enough cash in the market in general for there to be more than one hot niche at a time . For sure. Thats silly. At the end of the day there are more people messing with the equity market than ever before. The bond market is tough place to be with Interest Rates lower than weve seen before. Money to be made on good quality company, dont forget that. Is finance 101. Big names carried market. 10 names win, other 490 lost. We need more names like palantirs to rotate to cheaper valuation, cheaper price, maybe get in on the ground floor. That is what we want for the average investor. Charles phil, real quick speaking of rotating we appreciate when you share your portfolio balancing. Any recent changes . Also, general market observations before we go . Two things happened last night day before. Moderna had a very positive report from new england journal of medicine. Their vaccine works in all people younger. Regeneron last night. Knew was massive. They have a bridge to the other side. That means were out of recession. Buy value stocks. You will do well owning value names. Rotate to a degree from the large cap growth names. Take some profits. Go to value. Skip small cap. Too much pressure. Do well in midcap. Buy high quarter bonds. Do that you will set up for great returns in the first quarter. Charles phil, we always hold you to account. You have a tremendous track record with us. Thanks a lot, buddy. Of course well stay on the markets as we wrap up the month, including the last trades you need to consider as we get away from september and go to october. But first House Republicans are recommending a stiffer response to chinas rise calling the communist country, quote, a generational threat. State Department Spokesperson Morgan Ortegas will weigh in. Shes next. Charles House Republicans say the chinas evil intentions have gone on far too long and they are a generational threat. They have come up with 430 policy recommendations to help combat the theft, boosting medical supply chain, boosting u. S. Production, responding a lot faster and. Joining me Morgan Ortegas. What do we make of this report . It sounds very, very ominous. Were encouraged at the state department were developing a bipartisan consensus on capitol hill as it relates to the Chinese Communist party. We have done a number things as shedding the light on human rights abuses. At the state department we issued a Business Advisory. I encourage all your Business Owners and everyone working watching the show to look at the Business Advisory and be very careful. You could easily procure products accidentally without knowing it from these forced labor camps in a place called shinzhen in china. The viewers should not at least one million muslims if not more, ethnic minority president in these cams there is forced labor. There is sexual abuse. Some women undergone forced sterilization and abortions. This is incredible, some of the worst human rights cases of our time is there. China is doubling down on this. Chairman xi, the head of the china into niece Commodity Party is doubling down what is going on in shin shock. Were asking all americans and businesses to be vigilant. Charles morgan, a number of businesses Large Businesses filing a lawsuit against the Trump Administration over his china tariffs last week. It seems large u. S. American businesses care more about the bottom line squeezing profits than they do about these kind of things. Have you engaged with them . I know you probably have but to what degree are they seeing the light . So were engaging with them very regularly. I would say also when you look whats happened in hollywood, some of the films that had been edited because they had significant investment from chinese businesses or the Chinese Communist party, that really has been called out quite vocally. I wont go into all of the names but i do think that the American People are saying, wait a minute, we dont want censorship of our films or editing of American Films just because there happens to be a chinese person or a chinese entity on the other end. Charles right. But it is incredibly important for all of these companies that are virtue signaling, sports everybody involved in this, there are true human rights suppressions where people are in camps around the world. The worst human rights abuses in the world, if you want to be cognizant of that, you should really stand up and stand the u. S. Government against this type of practice. Charles speaking of building a wider net to go after china, earlier today, secretary of state mike pompeo urged the vatican to call out china for its human rights abuses. Do you think that as the world recognizes this and starts to take action will be held accountable . President trump and secretary mike pompeo will hold them accountable. I cant speak to any future administrations. I think this is the hallmark of trump foreign policy, five years ago we were on tv the other five years ago, charles. We were not talking, the world was not talking about china the way that we are today. That is because President Trump took the veil off everyones eyes. He called out trade practices i. P. Theft. As weve gone over these past four or five years, past four years in the Trump Administration we made the world know we can be friend, we can get trade deals, we can do all of these things. We can be a Strategic Partner many ways with china. Were going to insure that our diplomats and all of our people in china are, our companies are treated the same way that chinese persons and companies are treated here in the united states. It is all about reciprocity. Charles Morgan Ortegas, great seeing you. Thank you very much and youre doing an amazing job at the state department. Thanks, charles. Meanwhile, folks, the market is higher. Weve given up almost half the gains from the top. Holding on the last trading day of the month. We have the trades you need to consider before a final bell rings for a pretty tough september. My mom has super powers. Its like she can see the future. What . its like she time travels in a rocket ship. Thats cool and then she comes back saying try this or try that. She helps everyone. She helps them feel less worried. Wow mommy, so what is it that you do . Im a financial advisor. She is aig proudly supports all the professionals taking care of our financial futures. Charles breaking right now, President Trump talking to reporters before heading to minnesota for a fundraiser and campaign rally. Lets take a listen. Okay. So again, hes going to be talking about a lot of the topics that came up last night, particularly those that he feels perhaps were misinterpreted. We know of course the debates, still the main chatter across this country and whether or not we will have more of these debates and of course, you know, the interpretation of so many things he tried to get across. Remember, the candidates did not have the opportunity to say what they wanted. Weve gotten tremendous reviews on it. We are hitting what people want, law and order, which biden was unable to even talk about because it loses the radical left, his radical left followers. I dont think theres too many of them left. But i thought it was a great evening. It was an exciting evening. I see the ratings were very high. And it was good to be there, felt very comfortable. And i appreciate all the good words. So we are going now and we are going to have a big rally. Lot of people showing up. Yeah. Reporter [ inaudible ] stand back and stand by . I dont know who the proud boys are. Youll have to give me a definition because i really dont know who they are. I can only say they have to stand down, let Law Enforcement do their work. Law enforcement will do the work more and more, as people see how bad this radical liberal Democrat Movement is and how weak, the Law Enforcements going to come back stronger and stronger. I dont know who the proud boys are but whoever they are, they have to stand down, let Law Enforcement do their work. Reporter you said stand by. Stand by. Look, Law Enforcement will do their work. They will stand down. They have to stand down. Everybody, they have to stand whatever group youre talking about, let Law Enforcement do the work. Now, antifa is a real problem because the problem is on the left and biden refuses to talk about it. He refuses to issue the word law and order. You saw that last night when he choked up. He cant say the words because hell lose the rest of the left. So hes got to condemn antifa. Antifas a very bad group. Reporter when you talk about white supremacists, clearly they support you, do [ inaudible ] . I want law and order to be a very important part, its a very important part of my campaign. When i say that, what im talking about is Law Enforcement, police have to take care and they should stop defunding the police like theyve done in new york reporter talking about white supremacists. I just told you. Reporter will you denounce them . Ive always denounced any form, any form, any form of any of that. You have to denounce. I also joe biden has to Say Something about antifa. Its not a philosophy. These are people that hit people over the head with baseball bats. Hes got to come out and hes got to be strong and hes got to condemn antifa and its very important that he does this. Reporter can i follow up on that . Reporter on the election, you claim [ inaudible ]. I cant hear a word youre saying. I cant hear. Reporter [ inaudible ]. I hear he doesnt want to go forward but thats up to him. Reporter what about you . Yeah. I would like to. By every measure we won the debate easily last night. I think he was very weak. He looked weak. He was whining. Yeah, we won the debate by almost every poll that i saw. If you look at the at the various polls, i looked at about six of them, we won every one of them. No, i dont mind debating him. I hear he wants to get out of the debates. I dont know. Thats up to him. Reporter [ inaudible ] come out with their weapons and walk around the street . It does concern me. Crime generally concerns me. Any form of crime unless Law Enforcement takes care of it. Reporter why are you afraid of the elections . We had a problem in new york. They have 100,000 ballots that are a mess. They are all confused, all mixed up. Now they say they are going to redo them. What are they going to do with the 100,000 ballots that have already been sent . This is exactly what im talking about. Its a big big big scale problem. 100,000 ballots went out to new york with the wrong names on them, wrong envelopes, wrong addresses, wrong everything. Now they want the redo the ballots. That doesnt help because what about the ones that are already sent . This is exactly what im talking about. Reporter can i follow up to that . [ inaudible ]. There wont be. There wont be. Reporter are you sure . What if there is . Charles President Trump just at the white house moments ago answering questions regarding the debate last night, denouncing the proud boys saying hes against all White Supremacy and violence in cities. In the meantime, youre looking at a market thats giving up about a third of its gains. Two things hurting us right now. Mitch mcconnell out saying that both sides are still far apart on a stimulus deal, and then there is a moderna ceo. Moderna had good news overnight but the ceo later on today saying he does not think a covid19 vaccine will be ready before the election. So we took a little bit of starch out of this rally. The good news is that these are the kind of tests that rallies need. We have not cleared key technical hurdles on the upside so we will keep trying. But september has been something, well, not really its been a train wreck, lets be honest about it. The last few sessions going back to last friday, last thursday, have been certainly encouraging as we go into october, which is the third best month of the year traditionally and the Fourth Quarter is typically the best quarter of the year. We will keep needing Economic Data like we saw today. S p 500, all 11 sectors are up. Right now, fractionally. Wont be surprised, energy is lower, also industrials. On the upside, health care is the biggest winner. Im not sure if that has something to do with the debates or not. The health care had been under tremendous pressure since the announcement of Amy Coney Barrett as the next potential Supreme Court justice. There you have the markets in a nutshell, folks. Going back and forth and by the way, that news from Mitch Mcconnell i think was deliberately put out there to pull the market down to add even more pressure to these negotiations. There is still an outside chance we can get some sort of news this week. America still needs a stimulus product and if we get it, watch out because this market can really really take off from here. Liz claman, you got a lot your plate heading into the last hour of trading for the month of september. Liz what do you think . You just brought up Senate Majority leader Mitch Mcconnell who said the two sides are too far apart. We were starting to see a thaw, were we not, and the markets were jumping. You think that was deliberately released to bring the markets down . Charles i think it was deliberately released to create more tension, more pressure, on both sides, by the way, and listen, im glad theyre talking and i really believe that both sides know this is for the american public. Put politics away for a moment. We have a large swath of this country thats suffering too much. Lets get everyone in play, and move this country forward. Liz we need to hear more about plans to save individuals and the rest of the country