Transcripts For FBC Varney Company 20240711 : comparemela.c

Of the vaccine and the test helping stock prices. Dow jones up about a hundred points at the open, seven for the s p and eight for the nasdaq more retailers reporting this morning and target looks good work samestore sales up 20 , another measure of the strength of Consumer Spending, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo says President Trump had nothing to do with the Rapid Development of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co. Is about to begin. Stuart get ready. We should get ready for a different kind of holiday season. According to the cdc, as i just decide, no loud music, no alcohol, no fun. I will do my take, and editorial later in the show, but first there are now photos of Governor Newsom in california at a restaurant in a crowd breaking the rules while restrictions are in place for everyone else we are working to get those pictures. You can look them up and see it for yourself, do as i say, not as i do. A bit heat i bet he did not put his mask on. Senator feinstein Walking Around capitol hill without a mask. In pennsylvania, Governor Wolf once you, insists that you wear a mask inside your house. I think its time to bring in Ashley Webster because i can imagine people Wearing Masks inside their own home. There are a host of other restrictions and i think you have the list. Ashley who is going to police the athome mask mask wearing . Governors in ohio, maryland and illinois imposing restrictions on Business Hours and crowd sizes here, the north dakota, utah imposing statewide mask mandates. As you alluded to, stu, there is resistance. Some local elected officials and residents and even some local Law Enforcement authorities who are refusing to enforce mask requirements. In utah dozens of people opposed to the mass mandate protested outside the home of the governor. In time for thanksgiving officials in delaware say residents wont be allowed to have gatherings inside their homes of more than 10 people and in Los Angeles County restaurants cannot offer Indoor Dining right now and report there are plans for mandatory curfew for all but essential workers if cases continue to spike. Whiskey to oregon. Classic. Governor kate brown imposing a limit on indoor and outdoor gatherings to know more than six people and violators face a fine up to my 1250 and 30 days in jail. Critics say well, guess what i guess you could be jailed for having too many people over for thanksgiving, but if you want to write and loot in portland, no problem. Listen to the county board chair and oregon who calls these restrictions pure hypocrisy. How dare Governor Brown think shes going to come out, send the police into peoples homes and arrest them and find them for having a thanksgiving meal with her family. While at the same time she allows riders and anarchists to destroy downtown City Apartments ashley yep im a that is the very definition of hypocrisy and that was two to d smith talking to Tucker Carlson and you can see more from tutti as she will join us in the next hour. I think she will be a good interview. Stuart like i said, its a great show. To the markets. Lets talk money. Lets bring in shah gilani. Everyone in the world seems to be bullish about next year, i mean, all these firms say we are going up in 2021. I went to reverse that with you and i want you to tell us what would stop this rally everyone is forecasting equipment probably, stuart, two things on the horizon that could happen, unlikely but possible with one being problems with the vaccines. We are optimistic. If we have side effects from preventing the vaccine, that could certainly arrest the rally. Another thing i will keep a keen eye on his november retail sales. October were a bit softer than expected, but still we are on track actually selling the same amount retail wise over the same time in 2019. If we didnt pull forward numbers from November December and keep those good numbers in november than the market rally can continue. If we pull too much forward and dont see extensive holiday sales and retailers turning a good profit, then the market could back off a bit i think it probably late december, early january. Nonetheless, i dont see those things happening. I see a more clear path forward. Stuart i think last week or the yearbook week before you are tagamet doubt 33000 and. I think you said by the summer of next year. Are you still in with that . Yes. I am definitely, absolutely. I think by the end of 2021 we could easily see the dow jones 35000. If the vaccines are effective and we get back to normalcy, sense of normalcy then the economy will pick up where it left off in 2019 and i think that is all systems go. Theres a lot of pent up demand with savings in Bank Accounts and i think we will see a lot of spending whatever the administration looks like and that bodes well for the stock market. Stuart wastes shall watch closely. 35000 on the dow jones by shah gilani. He has upped the ante. Im going to get to the housing market. Its looking good right now and we have new numbers from a variety of areas. Start with mortgage obligations, lauren. Lauren all good numbers. Remembered that election wool we saw, its over and home buying is back with applications up 4 on the week, volume up 26 on the year. Mortgage Baker Association says the job market is recovering, rates are low and americans are still a one to space, refinancing still popular, nearly doubling on the year of 98 annually. Housing, construction on new homes for the month of october, 4. 9 from september, 1. 53 Million Units on an annualized basis and housing permits in october 1 per million annualized, all good numbers. Stuart thank you. I went to get more on the retailers who reported this morning. Lows, i saw the stock way down. Start with them. Lauren falling short, reporting huge sales growth, but still made less the sales and profit than anticipated. Higher wages and also cost to ship online turning the bottom line. Wall street kind of disappointed with the report car. Target crushing forecasts with market share from competitors across a lot of categories including apparel in beauty. They offered more convenient string that pandemics getting shockers hooked on Curbside Pickup. That drew almost sixfold from july through september. Home delivery nearly tripling in those months. T. J. Maxx up in the premarket because they are giving a dedicated and dividend again come 13 . Sales that were down 5 , but far better than bottom line the consumers and the American Consumer continues to spend and thats good for the us economy. Stuart i will say pretty those retailers are doing pretty well. Come on in, economist john lonski. We are in the middle of the Fourth Quarter of 2020. What evidence is there that the recovery at this point, Fourth Quarter, is sustained strong . We just got good news on the housing dart. We will have another strong reading by residential and resident spending and consumer continues to spend. Shah gilani made a reference to lower than expected retail sales for october. I hate to say this, i think he may have been wrong because growth rate for october was less than expected mostly because there were very big upward revisions for retail sales in the month of august and september. So, Consumer Spending is coming in well. I think theres a good chance real Consumer Spending will grow by at least 4 annualized in the Fourth Quarter from the prior quarter and that is darn good. Stuart so we do then have a v shaped recovery. Uim on recovery, v shaped recovery. The market had it right. Covid19 recession recovered quickly, upward revisions of growth forecast for 2020 ever since the summer of this year, and looking ahead for 2021 growth should be at least 4 . It could be as high as four and half to 5 . Stuart we would take that, absolutely. John lonski, thank you. I know you have more to say but i have a hard break coming up. Looking at futures on the board right now up 120 dow jones. Remember the level 29830 30k is within striking distance. If you are worried about flying commercial, cosco may be able to help you with their new private jet subscription. We will show how it works and see if you can afford it. New york Governor Cuomo does not want to give everyone credit for a speedy vaccine. Watch this. The first of drug company that has the vaccine, that is big money. President is eco. On the way out the door he wants to say i solve the covid because i discovered a vaccine. No, its a bs. Stuart really . You think a vaccine to help save lives would make them happy, but apparently not, not if it is in the Trump Administration. I will have a whole lot more coming up, next. Turn on my tv and boom, its got all my favorite shows right there. I wish my Trading Platform worked like that. Well have you tried thinkorswim . This is totally customizable, so you focus only on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. Meet omnipod it delivers insulin through a tubeless pod. Just one small pod replaces up to 14 injections and today you can get started with a free 30day omnipod dash trial at omnipod. Com. No more daily injections. Its gamechanging get started with a free 30day omnipod dash trial today. Go to omnipod. Com for risk information, instructions for use and free trial terms and conditions. Consult your Healthcare Provider before starting on omnipod. Simplify diabetes. Simplify life. Omnipod. Simplify life. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. You might think you were born with a slow metabolism. D to lose weight, thats exactly what these people thought. woman i lost 75 pounds with golo. announcer nambu lost 48 pounds. Hannah lost 60 pounds. And graham lost 131 pounds. How . They went to golo. Com. Now its your turn to lose weight quickly and easily with golo. Head to golo. Com now. Thats golo. Com. Stuart if you are just joining us, theres a big news on vaccines today and i went lauren to tell us about it. Lauren pfizer and biotech said their vaccine was more than 90 effective. Its 95 effective and thats consistent across all age groups and all demographics, no serious safety concerns observed in our final phase three trial data, so they plan to file for fda emergency use authorization within days because they collected with a needed, two months of safety data. A plan to produce 50 million doses this year for americans that means 12 and half million doses coming by january 1, stuart. Excellent news. Look at the stock. Stuart i am saying its good news, but tell me about that just approved at home rapid test is it one of those things where you put up your nose, is that it . Lauren it is, but im not sure how far up you have to go. My guess is the bottom of the nostril. This is the first fda approved at home kit that gives you resulting 30 minutes. This is while you wait. He swabbed yourself and put the swab in a solution and plug it into this divisive and then it will light up a positive or negative, so you know if you have it in a halfhour. You need a doctors prescription and it costs 50. For instance if you are a child, a professional still has to give it to you so parents cannot test their kids at home, maybe if they are nurse otherwise now. We are making progress with testing and therapeutics. Stuart thank you. Led to bring in doctor John Barrasso who also happens to be a us senator. We are addressing usa doctor, if you dont mind, mr. Senator. Do you think this new at home 50dollar test is a breakthrough . I do, but breakthroughs, major breakthroughs have been coming in the fight against coronavirus, stuart, in a time when cases continue to go up. These breakthroughs will be the light at the end of the tunnel so this is very good news. 30 minute test done at home, huge advantages. One, you dont have to wait for results to her three days so you can take immediate action if you are that patient and you can also contact others you have been around to make sure they do the same to protect themselves. Plus, you are not at a clinic or you actually may spread the coronavirus to other people in the clinic or Healthcare Providers, so across the board this is very good news for home testing. We are doing about a million and half test a day in the us, lets often you have to wait days for results which makes it harder to connect with the other people you may have been in touch with. Stuart senator, i want you to listen to what new york Governor Cuomo is saying about the vaccine rollout. Roll tape, please. Why is it moving so fast . Two reasons, money and ego. Of the first of drug company that has the vaccine, that is big money. You didnt need trump to tell the Vaccine Companies you should develop a vaccine. He had nothing to do with it. President , its ego. On the way out the door he wants to say i solve the covid because i discovered a vaccine. Could know, all bs. He didnt do anything. Stuart im sure you heard that. What is your reaction . To me, Governor Cuomo, that is a stubborn ignorance. Cuomo has been too wrong for too long and the people of new york have paid a high price for that. U. S. Congress has passed the cures act and what we have done is made Major Investments in coming up with a vaccine took it passed in the Republican Senate and the house took it by unanimous consent. Billions of dollars have been invested and it has made a huge difference. We will save the lives of millions of people, not just in the United States, but around the world and Governor Cuomo has called that bad news. 90 effectiveness, he calls a bad news. Stuart, i asked the governor and your listeners, why is it bad news that through United States investment and innovation we are getting people back to work sooner, kids back to school more safely, those things matter for a robust economic recovery. Why is it wrong that we are going to help save the lives and bad news saving the lives of millions of people around the world . This operation warp speed we will hold a briefing tomorrow for all the senators on just how important this is and reports in the New York Times said we could be vaccinating up to 20 Million People before the end of the year. This is good news for our country and good news to share round of the world yes, sir. Mr. Senator, thank you for joining us. Thank you, stuart. Stuart back to the markets encouraged by the vaccine and testing news. Dow jones will be up about a hundred points in the opening bell and we will take you to wall street in just a couple of minutes. When i was in high school, this was the theater i came to quite often. The support weve had over the last few months has been amazing. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. And this town id not today. Since pioneering the suv in 1935, the chevy suburban has carried many things. Nothing more important than family. Introducing the most versatile and advanced chevy suburban and tahoe ever. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. Stuart we just got photos of california Consumer Spending<\/a>, just like walmart, target stock up 2 at the moment. Look at this, bitcoin crossed 18000 per coin and has backed off to 17855, about a thousand dollars or shy of its alltime high 19640. I was a skeptic, maybe its Something Else<\/a> i should have bought that didnt like apple, tesla, amazon, zoom and so many more. We do have a jampacked show. New york Governor Cuomo<\/a> says President Trump<\/a> had nothing to do with the Rapid Development<\/a> of the vaccines. You will see him say it. Boeing gets max judd approval and is now ungrounded. How about this for thanksgiving, noticing, no shouting, kp the music down so you dont have to raise your voice and my off the alcohol. New restrictions for thanksgiving is growing. Varney co. Is about to begin. Stuart get ready. We should get ready for a different kind of holiday season. According to the cdc, as i just decide, no loud music, no alcohol, no fun. I will do my take, and editorial later in the show, but first there are now photos of Governor Newsom<\/a> in california at a restaurant in a crowd breaking the rules while restrictions are in place for everyone else we are working to get those pictures. You can look them up and see it for yourself, do as i say, not as i do. A bit heat i bet he did not put his mask on. Senator feinstein Walking Around<\/a> capitol hill without a mask. In pennsylvania, Governor Wolf<\/a> once you, insists that you wear a mask inside your house. I think its time to bring in Ashley Webster<\/a> because i can imagine people Wearing Masks<\/a> inside their own home. There are a host of other restrictions and i think you have the list. Ashley who is going to police the athome mask mask wearing . Governors in ohio, maryland and illinois imposing restrictions on Business Hours<\/a> and crowd sizes here, the north dakota, utah imposing statewide mask mandates. As you alluded to, stu, there is resistance. Some local elected officials and residents and even some local Law Enforcement<\/a> authorities who are refusing to enforce mask requirements. In utah dozens of people opposed to the mass mandate protested outside the home of the governor. In time for thanksgiving officials in delaware say residents wont be allowed to have gatherings inside their homes of more than 10 people and in Los Angeles County<\/a> restaurants cannot offer Indoor Dining<\/a> right now and report there are plans for mandatory curfew for all but essential workers if cases continue to spike. Whiskey to oregon. Classic. Governor kate brown imposing a limit on indoor and outdoor gatherings to know more than six people and violators face a fine up to my 1250 and 30 days in jail. Critics say well, guess what i guess you could be jailed for having too many people over for thanksgiving, but if you want to write and loot in portland, no problem. Listen to the county board chair and oregon who calls these restrictions pure hypocrisy. How dare Governor Brown<\/a> think shes going to come out, send the police into peoples homes and arrest them and find them for having a thanksgiving meal with her family. While at the same time she allows riders and anarchists to destroy downtown City Apartments<\/a> ashley yep im a that is the very definition of hypocrisy and that was two to d smith talking to Tucker Carlson<\/a> and you can see more from tutti as she will join us in the next hour. I think she will be a good interview. Stuart like i said, its a great show. To the markets. Lets talk money. Lets bring in shah gilani. Everyone in the world seems to be bullish about next year, i mean, all these firms say we are going up in 2021. I went to reverse that with you and i want you to tell us what would stop this rally everyone is forecasting equipment probably, stuart, two things on the horizon that could happen, unlikely but possible with one being problems with the vaccines. We are optimistic. If we have side effects from preventing the vaccine, that could certainly arrest the rally. Another thing i will keep a keen eye on his november retail sales. October were a bit softer than expected, but still we are on track actually selling the same amount retail wise over the same time in 2019. If we didnt pull forward numbers from November December<\/a> and keep those good numbers in november than the market rally can continue. If we pull too much forward and dont see extensive holiday sales and retailers turning a good profit, then the market could back off a bit i think it probably late december, early january. Nonetheless, i dont see those things happening. I see a more clear path forward. Stuart i think last week or the yearbook week before you are tagamet doubt 33000 and. I think you said by the summer of next year. Are you still in with that . Yes. I am definitely, absolutely. I think by the end of 2021 we could easily see the dow jones 35000. If the vaccines are effective and we get back to normalcy, sense of normalcy then the economy will pick up where it left off in 2019 and i think that is all systems go. Theres a lot of pent up demand with savings in Bank Accounts<\/a> and i think we will see a lot of spending whatever the administration looks like and that bodes well for the stock market. Stuart wastes shall watch closely. 35000 on the dow jones by shah gilani. He has upped the ante. Im going to get to the housing market. Its looking good right now and we have new numbers from a variety of areas. Start with mortgage obligations, lauren. Lauren all good numbers. Remembered that election wool we saw, its over and home buying is back with applications up 4 on the week, volume up 26 on the year. Mortgage Baker Association<\/a> says the job market is recovering, rates are low and americans are still a one to space, refinancing still popular, nearly doubling on the year of 98 annually. Housing, construction on new homes for the month of october, 4. 9 from september, 1. 53 Million Units<\/a> on an annualized basis and housing permits in october 1 per million annualized, all good numbers. Stuart thank you. I went to get more on the retailers who reported this morning. Lows, i saw the stock way down. Start with them. Lauren falling short, reporting huge sales growth, but still made less the sales and profit than anticipated. Higher wages and also cost to ship online turning the bottom line. Wall street kind of disappointed with the report car. Target crushing forecasts with market share from competitors across a lot of categories including apparel in beauty. They offered more convenient string that pandemics getting shockers hooked on Curbside Pickup<\/a>. That drew almost sixfold from july through september. Home delivery nearly tripling in those months. T. J. Maxx up in the premarket because they are giving a dedicated and dividend again come 13 . Sales that were down 5 , but far better than bottom line the consumers and the American Consumer<\/a> continues to spend and thats good for the us economy. Stuart i will say pretty those retailers are doing pretty well. Come on in, economist john lonski. We are in the middle of the Fourth Quarter<\/a> of 2020. What evidence is there that the recovery at this point, Fourth Quarter<\/a>, is sustained strong . We just got good news on the housing dart. We will have another strong reading by residential and resident spending and consumer continues to spend. Shah gilani made a reference to lower than expected retail sales for october. I hate to say this, i think he may have been wrong because growth rate for october was less than expected mostly because there were very big upward revisions for retail sales in the month of august and september. So, Consumer Spending<\/a> is coming in well. I think theres a good chance real Consumer Spending<\/a> will grow by at least 4 annualized in the Fourth Quarter<\/a> from the prior quarter and that is darn good. Stuart so we do then have a v shaped recovery. Uim on recovery, v shaped recovery. The market had it right. Covid19 recession recovered quickly, upward revisions of growth forecast for 2020 ever since the summer of this year, and looking ahead for 2021 growth should be at least 4 . It could be as high as four and half to 5 . Stuart we would take that, absolutely. John lonski, thank you. I know you have more to say but i have a hard break coming up. Looking at futures on the board right now up 120 dow jones. Remember the level 29830 30k is within striking distance. If you are worried about flying commercial, cosco may be able to help you with their new private jet subscription. We will show how it works and see if you can afford it. New york Governor Cuomo<\/a> does not want to give everyone credit for a speedy vaccine. Watch this. The first of drug company that has the vaccine, that is big money. President is eco. On the way out the door he wants to say i solve the covid because i discovered a vaccine. No, its a bs. Stuart really . You think a vaccine to help save lives would make them happy, but apparently not, not if it is in the Trump Administration<\/a>. I will have a whole lot more coming up, next. Turn on my tv and boom, its got all my favorite shows right there. I wish my Trading Platform<\/a> worked like that. Well have you tried thinkorswim . This is totally customizable, so you focus only on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. Meet omnipod it delivers insulin through a tubeless pod. Just one small pod replaces up to 14 injections and today you can get started with a free 30day omnipod dash trial at omnipod. Com. No more daily injections. Its gamechanging get started with a free 30day omnipod dash trial today. Go to omnipod. Com for risk information, instructions for use and free trial terms and conditions. Consult your Healthcare Provider<\/a> before starting on omnipod. Simplify diabetes. Simplify life. Omnipod. Simplify life. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. You might think you were born with a slow metabolism. D to lose weight, thats exactly what these people thought. woman i lost 75 pounds with golo. announcer nambu lost 48 pounds. Hannah lost 60 pounds. And graham lost 131 pounds. How . They went to golo. Com. Now its your turn to lose weight quickly and easily with golo. Head to golo. Com now. Thats golo. Com. Stuart if you are just joining us, theres a big news on vaccines today and i went lauren to tell us about it. Lauren pfizer and biotech said their vaccine was more than 90 effective. Its 95 effective and thats consistent across all age groups and all demographics, no serious safety concerns observed in our final phase three trial data, so they plan to file for fda emergency use authorization within days because they collected with a needed, two months of safety data. A plan to produce 50 million doses this year for americans that means 12 and half million doses coming by january 1, stuart. Excellent news. Look at the stock. Stuart i am saying its good news, but tell me about that just approved at home rapid test is it one of those things where you put up your nose, is that it . Lauren it is, but im not sure how far up you have to go. My guess is the bottom of the nostril. This is the first fda approved at home kit that gives you resulting 30 minutes. This is while you wait. He swabbed yourself and put the swab in a solution and plug it into this divisive and then it will light up a positive or negative, so you know if you have it in a halfhour. You need a doctors prescription and it costs 50. For instance if you are a child, a professional still has to give it to you so parents cannot test their kids at home, maybe if they are nurse otherwise now. We are making progress with testing and therapeutics. Stuart thank you. Led to bring in doctor John Barrasso<\/a> who also happens to be a us senator. We are addressing usa doctor, if you dont mind, mr. Senator. Do you think this new at home 50dollar test is a breakthrough . I do, but breakthroughs, major breakthroughs have been coming in the fight against coronavirus, stuart, in a time when cases continue to go up. These breakthroughs will be the light at the end of the tunnel so this is very good news. 30 minute test done at home, huge advantages. One, you dont have to wait for results to her three days so you can take immediate action if you are that patient and you can also contact others you have been around to make sure they do the same to protect themselves. Plus, you are not at a clinic or you actually may spread the coronavirus to other people in the clinic or Healthcare Provider<\/a>s, so across the board this is very good news for home testing. We are doing about a million and half test a day in the us, lets often you have to wait days for results which makes it harder to connect with the other people you may have been in touch with. Stuart senator, i want you to listen to what new york Governor Cuomo<\/a> is saying about the vaccine rollout. Roll tape, please. Why is it moving so fast . Two reasons, money and ego. Of the first of drug company that has the vaccine, that is big money. You didnt need trump to tell the Vaccine Companies<\/a> you should develop a vaccine. He had nothing to do with it. President , its ego. On the way out the door he wants to say i solve the covid because i discovered a vaccine. Could know, all bs. He didnt do anything. Stuart im sure you heard that. What is your reaction . To me, Governor Cuomo<\/a>, that is a stubborn ignorance. Cuomo has been too wrong for too long and the people of new york have paid a high price for that. U. S. Congress has passed the cures act and what we have done is made Major Investments<\/a> in coming up with a vaccine took it passed in the Republican Senate<\/a> and the house took it by unanimous consent. Billions of dollars have been invested and it has made a huge difference. We will save the lives of millions of people, not just in the United States<\/a>, but around the world and Governor Cuomo<\/a> has called that bad news. 90 effectiveness, he calls a bad news. Stuart, i asked the governor and your listeners, why is it bad news that through United States<\/a> investment and innovation we are getting people back to work sooner, kids back to school more safely, those things matter for a robust economic recovery. Why is it wrong that we are going to help save the lives and bad news saving the lives of millions of people around the world . This operation warp speed we will hold a briefing tomorrow for all the senators on just how important this is and reports in the New York Times<\/a> said we could be vaccinating up to 20 Million People<\/a> before the end of the year. This is good news for our country and good news to share round of the world yes, sir. Mr. Senator, thank you for joining us. Thank you, stuart. Stuart back to the markets encouraged by the vaccine and testing news. Dow jones will be up about a hundred points in the opening bell and we will take you to wall street in just a couple of minutes. When i was in high school, this was the theater i came to quite often. The support weve had over the last few months has been amazing. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. And this town id not today. Since pioneering the suv in 1935, the chevy suburban has carried many things. Nothing more important than family. Introducing the most versatile and advanced chevy suburban and tahoe ever. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. Stuart we just got photos of california Governor Newsom<\/a> at the French Laundry<\/a> restaurant breaking the rules he imposed on everyone else. We have the photos, more on that later in the show. Lets go to Online Shopping<\/a> stocks. Put them on the screen, please. They are doing fairly well with our market guide mark tepper today. Mark, i think you believe Online Shopping<\/a> is a big, getting bigger , here to stay so thats what you are buying. Is that right . Yeah, i mean, ecommerce is not a shortterm trend, stu. If you look at the list about performers yesterday, you will see a lot of the dinosaur brickandmortar retailers like macy, kohls, nordstroms, those were up big yesterday almost like investors are correlating the preopening trade to a resurgence in brickandmortar stores, but brickandmortar stores werent dying precovid and mall traffic has been on the decline and i think investors are mistaken they think a vaccine means ecommerce. Stuart what are you buying . Stamps. Com. Thats our derivative play on ecommerce work thats how mom and pop shops get their products to customers. Its down about 40 from the summertime peak. They just had another peak. Its trading as it ecommerce is don and that is not the case. Stuart you have mentioned that before. I thought it was just posting this stamps but obviously its not, shipping. That shipping application of everything from warehousing to fulfillment. Stuart how about amazon . There is an online seller. Thats a nobrainer, the 800pound gorilla in ecommerce and also in the cloud. You have the s p near alltime highs yet amazon is 12 off its peak. You probably havent heard a lot of people say amazon is cheap, but i think its incredibly cheap for the growth you are getting. Stuart tjx, i always figure thats t. J. Maxx. You like that one, i believe, even though it doesnt have it much ecommerce. Almost zero ecommerce, the one to brickandmortar retailer that in my opinion is completely insulated from the attack from ecommerce between t. J. Maxx and home goods, people love these stores. About the Customer Experience<\/a> and customers love the Treasure Hunt<\/a> experience. Its always fun to win, so when you find the 50dollar item for 10 thats a big win for people. Stuart always fun to win, yes indeed. We will see you again soon. 20 seconds to go we open the market this wednesday morning. It is wednesday . Yes, it is. We will be up maybe 100 on the dow jones. Modest game today. I want to remind you we are about 200 points away from dow jones 30000. We have a big graphic to celebrate if we get there and we will at some point, maybe. Dow jones from the start up 90 points about a third of 1 so modest again. S p i think is up slightly, very slightly, a fractional gain and as for the nasdaq we are down, but only down. 02 . I call the market a fairly flat opening. However, im going to look at boeing and i think they are straight up this morning yes, they are up 5 . Its about the max judd, ashley . Ashley it is indeed. Faa says hes a hundred confident in the safety of the boeing 737 max to allow the bestselling plane to resume flights. It was grounded 20 months ago following two fatal crashes. Longest grounding in aviation history. At the order it now allows boeing to resume us delivery and commercial flights by the end of the year. Faa require a new training on the Safety System<\/a> that the blame for the two crashes as well as safeguards another Software Changes<\/a> your bottom line, boeing should get this back and going by the end of the year. American Airlines Says<\/a> it plans to try to relaunch the max flight by the end of the year while southwest which is the Worlds Largest<\/a> max operator says it doesnt plan to fly the aircraft until the Second Quarter<\/a> of next year. That said, big day for boeing, the news they have been waiting a long time for. Stock up 5 . Stuart big deal though its getting people to fly the plane when its back in the air commercially coming will people accept the max jet . We will see. Tesla is up, not much but up 1 they have an upgrade . Susan an upgrade from Morgan Stanley<\/a> for the first time in three years. Morgan stanley going over way for the First Time Since<\/a> 2017. Upside of 22 for the stockinettes already tesla a definite winner. Price of the year Morgan Stanley<\/a> 540 Going Forward<\/a> and we are jumping on the bandwagon recommending the electric car company as not just a carmaker but a Services Firm<\/a> generating highmargin software with self driving, battery tech, insurance, yeah value added for the stock. Stuart elon musk has had a fantastic week. Susan space x, crew dragon and added to the s p 500. Stuart not bad. Hold on, one more. Apple and let me read this, apple is producing apple store commission for Small Business<\/a> . Susan think of this as an olive branch. 30 , so have that but only applies to is an App Developers<\/a> making up to a Million Dollars<\/a> in sales, smaller businesses. Apple has been under fire for antitrust stemming from their apple store from competitors. They say they are a monopoly in charge way too high fees, so by the way the largest player like fortnite, epic and netflix, you still have to pay 30 commission, but premarket argues apple built this wildly successful business and they can charge whatever they won as a private company. You can choose not to use that apple store to access the billion iphone users around the world see when they are positioning themselves for any antitrust susan of an olive according to analysts. Stuart apples 118 as we speak. Pfizer and biontech. Im going to repeat this , final results of the virus vaccine are in tell us again,. Lauren 95 efficacy in all demographics, few side effects, on track to reach 12 and half million americans because its two doses. Next month as pfizer gets ready to submit a request for emergency use authorization by the fda within days, but a member pfizer said more than 90 effective. Than russia set our vaccine is 92 effective and then moderna 94. 5 effective and now lets see if anyone else can get like 97 because the fda was only accepting 60 here. Stuart how do you advance on 95 . Only time will tell. Susan has the story on walmart getting new susan seven price target hikes. People are getting bullish on walmart. Mostly in the 150 or so, hire 180 for the stock. Walmart reporting stellar earnings yesterday with Online Shopping<\/a> up nearly 80 from july to september and also a lockdown winner as shoppers stocked up on necessities. Walmart stores are running out of toilet paper again and cleaning supplies according to executives, but heres the warm fuzzy story of americas largest retailer offering free thanksgiving dinner to shoppers. You register your purpose at purchase and receipts to get 100 cash back for the purchase. Software trading near record highs for walmart. People are getting more bullish. Stuart does anyone buy a turkey these days . Dont they get free turkeys with a special offer . Susan give away free turkeys, turkeys are expensive, do they not . Stuart get out to the suburbs. Norwegian cruise lines down whats with that, ashley . Lauren another Stock Offering<\/a> to try to raise some cash. When you do that, you dilute the share price and thats why we are down 7 . Norwegian says it needs more money to fund operations. 20. 80 a piece to your bottom line is they had not been cruising at all this year not till very early in the year. Cdc said no cruise lines can operate unless they conduct a simulation cruise test, which we talked about yesterday so analysts say the earliest the cruise lines will probably get going if everything goes well isnt until early next year, maybe january we will see. In the meantime they need to raise cash to stay afloat, so to speak. Stuart so to speak, couldnt resist the pond. Ashley i couldnt. Stuart its wrap this up. Seven minutes into the trading session and dow jones is up 70 and we are flat to ever so slightly higher across the board. Heres what else we have, students at harvard trying to stop any and all Trump Officials<\/a> from teaching or speaking or even going to the university. How ridiculous can you get . I have an editorial on that one. Hypoxia in california as officials in full display with some proof. Roll tape. I take responsibility for falling for a set of you have to have your mask on. Thats right. We got our mask. We are all human. We all fall short sometimes. Stuart okay. Our own california guy, steve hilton will join me in the 11 00 a. M. Hour. A lot more on all of this still to come. Great show. Here we go. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 rx 350 for 419 a month for 36 months and well make your first months payment. 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Our friends sold their policy to help pay for their medical bills and that got me thinking. Maybe selling our policy could help with our retirement. Im skeptical, so i did some research and called Coventry Direct<\/a>. They explained Life Insurance<\/a> is a valuable asset that can be sold. We learned that we can sell all of our policy or keep part of it with no future payments, who knew . We sold our policy. Now we can relax and enjoy our retirement as we had planned. If you have one hundred thousand dollars or more of Life Insurance<\/a> you may qualify to sell your policy. Dont cancel or let your policy lapse without finding out what its worth. Visit conventrydirect. Com to find out if you policy qualifies. Or call the number on your screen. Coventry direct, redefining insurance. Stuart i had to tell you would never gain is left in the dow jones well, 120 points but a lot of that is made up by boeing and pfizer, both of which are dow jones a stocks. Nice again. How about the 10 year treasury yield. Where is that . 86 , up seven basis points and the price of gold, where is that . 1875. Show me bitcoin. Thats the mover at 17850, at least one Hedge Fund Manager<\/a> says hes not convinced. Susan hes the founder of the Largest Hedge Fund<\/a> in the world so he tweeted this on twitter, hes wondering if hes missing something about bitcoin. He loves to be corrected. He doesnt think its a great store of wealth because its a volatile and hard to predict because it doesnt have a lot of correlation with other so if the government outlaws the cryptocurrency because it competes with their own currency. Jack dorsey disagrees. Remember one of the early adopters of bitcoin. Now, the current bitcoin rally cannibalized by paypal. You have heard of that. Stuart i have now. Susan allowing them to buy and sell bitcoin. We saw crack above 18000 for the first time. Stuart i heard a report they may break bitcoin up into fractions so you could get a fraction of a bitcoin. Susan thats how you use bitcoin to pay for things, you fractional eyes it. I had to explain that to you earlier. Stuart its the rarest of assets in the world. Susan bitcoin . Stuart yeah. Susan its data mining that creates value. Stuart you can print as many dollars as you like, but dowling comes the value but the number of bitcoin stays stable so up goes the value. Thats the theory. Susan reducing the amount of bitcoin in the market to make sure its not overinflated. Stuart it went up a couple of bucks right there. Tell me about robin hood , michael publicly to maybe in the First Quarter<\/a> of next year. Is that at the choice for this year kobe day trading. They are usually younger than the charles swab demographics. Bloomberg reporting they are asking banks to pitch for their role in underwriting this offering. Fundraising of robin hood nearly 12 billion with some of the most successful Venture Capital<\/a> firms. By tapping millennials robin hood is now 13 million active accounts, but they have been blamed for skewing the stock market. Remember they bid up prices of the electric car market and also irrational purchases such as bankrupt quotes hurts. Stuart they bring liquidity to the market. Dow jones, 29912. Are doing the math, we are 87. 7 points away from dow 30000. Lets look at tesla. We have our old friend back. We love you back here p air. I have a problem with tesla profits. They booked a billion dollars with a profit from the sale of green energy credits, double the profit they made organically over the last four quarters. Im not sure im on board with that kind of profitability. What say you . First of all i love your accent as well. Thank you for that. Why are you looking at profits of this year . Tesla is trading on maybe like over a hundred times that, more than a hundred times that. What really matters is how much profit it makes in 2025, 2030. Weve had conversations about that. To give you a sense of that, in 2025 earnings per share and in that theres virtually no credit revenue. We dont like how credit revenue in our model. Credit revenues are very short have a short duration so one and a half billion dollars in pure profit this year so thats like free money i guess. That money is going away relatively rapidly in the next three or four years and thats not part of the overall picture. What matters today is gross margin of tesla excluding credit and excluding credit is the leading gross margin for the car manufacture and conveys to expand. Credits have nothing to play their. Stuart you have straightened me out and i appreciate that. We have news Morgan Stanley<\/a> has upped its price target for tesla to 540 a share. What is your target price . Mine is a tad above that, 578. They are getting closer to the truth. Stuart 578, so they are getting closer to the truth. [laughter] stuart very good indeed. We are almost done, but may i ask, are you do you live in america . Yes, i do. Stuart are you a citizen yet . Not yet, but working on it. Stuart next line. Thank you very much for joining us. We really do appreciate it. Thank you. Moving on before i get in trouble. President elect joe biden staffing his cabinet with progressive democrats as in socialists are not happy and that is sounding off. We have that for you. Can we expect President Trump<\/a> to be banned from winter twitter after january 20 . Ceos were grilled about that. We have that story next. Hey yeah . I switched to geico and got more more savings on Car Insurance<\/a> . They helped with homeowners, too ok plus motorcycle, boat and rv insurance geicos got you covered like a blanket houston . You seeing this . Geico. Expect great savings and a whole lot more. But what if there was a Hidden Treasure<\/a> . A prolific area,evada. Untouched for decades waiting to be rediscovered . What if one gold explorer is set to unearth the potential and transform the area into the next big nevada gold district . Corvus gold, gold rediscovered. Stuart nice again. We are up 70 points on the dow jones, most from pfizer and billing, two stocks that are up to. Twitters jack dorsey said mr. Trump would no longer get a special exemption from twitter after he leaves office. Jim anderson is our social media guy joining us. Gm, does that mean the president could be banned from twitter after january 20 . , stuart. It does. This sort of feels and now the ball. If a ban, but a conflict and read major reckoning is inevitable. A president that doesnt back down and twitter has a set of rules and you heard from jack dorsey they have not been enforcing those rules against President Trump<\/a> because he is it president. The minute joe biden is sworn in President Trump<\/a> will then be former President Trump<\/a>. Stuart does that mean there will be more to quit the censorship of conservatives . You saw that yesterday, facebook bigger than twitter. Twitters more in the news relating to President Trump<\/a>. This issue is not going to go way. Jack dorsey said some days this feels impossible and i thought that was remarkably honest. You have one side saying you are censoring too much and suppressing conservative voices and the other said side saying you are not doing enough and that was sort of personified in the hearing. The tech ceos are sort of stuck in the middle and its pretty clear they dont have a very good answer of what to do about that. Stuart heres where im coming from. Neither party has a significant majority in the senate or the house and the both both Technology Companies<\/a> have enormous amount of money to spend on lawyers, so i dont expect any huge changes to facebook or twitter that would really hurt their Business Model<\/a> for what to say you . Great point facebook and twitter will be fine, but it what about someone like parlor or other upstarts. The section 230 reform and some say we should take it away from big tech companies. Be careful what you do is in many ways if you take that our weekend that section you will hurt the little companies more than the Big Companies<\/a>, so thats a real issue for consideration as they debate what kind of reforms to make two section 230 and there would definitely be bipartisan consensus that something needs to change. Many Big Companies<\/a> would welcome that change because it would improve their advantage. Stuart good stuff. Thank you. We appreciate this. Obviously we will keep an eye on this because it will be a story that will reverberate throughout next year in the hereafter probably best so Facebook Stock<\/a> not that much affected. Just ahead, liz peek, martha mccowan, tennessee senator Marsha Blackburn<\/a> and steve helton and this, harvard the council card as they want to stop any and all Trump Officials<\/a> from coming to their university, speaking, teaching and even stepping foot to there. Unbelievable. Im on that with my take next. vo im a verizon engineer and today, were turning on 5g across the country. Pee it will change your phone and how businesses do everything. Im proud, because we didnt build it the easy way, we built it right. This is the 5g americas been waiting for. Only from verizon. Stuart it is precisely 10 00 eastern time. Look at that market. Were up 80 points on the dow dust industrials. Show me boeing because thats a dow stock and thats adding, how many points is that adding to the dow, 70, 80. Susan ad 7 to 8, 40, 50 points. Stuart nice gain for boeing, 3 up. What did you say, susan . 55 points added to the dow because boeing is up 3. 8 . I like that. The dow is up 91. We have positive news, a lot of it actually. Pfizers vaccine is 95 effective. The market likes that. Travel stocks doing well this morning, mostly, not across the board but if you have got an approved vaccine and got an at home test for the virus up go the travel stocks. American airlines, united doing pretty well. A big hour coming up for you. Thats a promise. Liz peek, congressman adam kinzinger, martha maccallum, in the 11 00 hour, steve hilton, Kayleigh Mcenany<\/a> and tennessee senator Marsha Blackburn<\/a> and now this. The supposedly smartest people in the world just cant handle free speech. At harvard a petition is circulating to ban Trump Administration<\/a> officials speaking, teaching or attending this supposedly towering elect wall institution. What are they afraid of . If theyre so brilliant they should be able to refute ideas they dont agree with. They should welcome opportunity to show their ideas are more compelling. Instead they play the cancel card. Dont let them speak. Dont even let them set foot on the property. These are the elites who lead or led the hate Trump Campaign<\/a> from the start. Pampered sons and daughter of the rich. Trust fund kids stamping their little feet when they cant get their own way. Theyre intellectual cowards. Hey, dont debate conservatives you might lose. It is more than just intellect. It is a class thing. They are so refined are they, so refined above the likes of donald j. Trump the president or you and i. Been born in highly class conscious britain. I know what it is like to be looked down on. Harvard types look down on america. There is more to come. The harvard petition will not be the last cancel situation. The diehard trump haters will keep at it this is america where our constitution guaranties free speech. Well speak freely. Just watch. The second hour of Varney Company<\/a>, it is just getting started. Stuart no doubt. That is the band. Ska is the type of music. Stuart im getting an education. That was every day an education, fresh out of the box. Thank you, susan. I will tack that. Dont speak. That is the name of the song. That is what harvard types. Come on in liz peek. I want to see the smile. Im off my rant. I calmed down a lit. I want to know what has happened to the great universities . Before you start think of oxford and cambridge in britain, suppose ledly the best universities over there they dont cancel people to nye knowledge. They have free and open debate. In harvard they cant stand conservatives. They have to shut them up. What the hell has happened to us . Stuart, i think you should be outraged about this. All americans should be outraged because our universities are supposed to be the seats of liberal learning. That means youre supposed to explore and contest ideas, et cetera. The faculty at harvard identifies 80 of them as liberal or very liberal. Less than 2 are conservative. So it is the administration of this university that has given rise to this cancel culture and lets not forget, Ronald Sullivan<\/a> a black law professor had his deanship revoked because students at his dorm was so offended he would defend Harvey Weinstein<\/a> as a counselor. They decided that it was threat to them they were such snowflakes and they couldnt stand that. The university cowed to them and revoked his deanship. It was unbelievable. More recently a guy named kyle clasher, survivor admitted to harvard as a freshman had the admission revoked because he turned out to be a gun rights advocate after the massacre. His fellow students couldnt stand having him on campus. This is really appalling. Harvards motto is guess you will not get at truth unless you hear opposing points of view. They cant tolerate it. Stuart not just appalling liz. It is pathetic as he will. It is. It is [inaudible] stuart i will move on, socialists slamming president elect biden appointing Cedric Richmond<\/a> and Steve Mckinney<\/a> to white house posts. Calling them corporate friendly insiders. Democrats are totally split, right . Yeah. Stuart, did they not see this coming . Give me a break. Where did the money come from that rushed into joe bidens campaign. It wasnt prosocial justice democrats t was from big pharma, big banks, private equity firms, big tech by the way. Do they not think there is a payoff coming . I cannot imagine a bigger lie than joe biden being the candidate of the little guy. He wasnt. He is the ultimate corporate establishment candidate and weve already begun to see the Business Roundtable<\/a> and other corporate organizations demanding their due. [inaudible]. I cannot believe the progressives didnt see this coming. Stuart liz, that was good. We hope to see you again real soon. Liz peek. Hope so. Thank you. Stuart thank you very much, liz. We better get to money, you know, we really should. So well bring in david lefkiz, i hope you didnt go to harvard or upset by my little rant. Everybody seems to be bullish next year. You say there is a 10 upside move for stocks in 2021. Make your case, please. Thanks, stuart. Really just comes down to the pandemic, right . If we, now that we have vaccines look effective and safe, should be widely distributed in our view by the middle of next year well see Economic Activity<\/a> finally get back to normal. There are a still a lot of things in the pipeline. Interest rates are very low. The fed will not raise rates for a few years. The government will do another round of fiscal stimulus in our view. You have nice powerful forces will propel corporate earnings higher. We think corporate profits will be up 20 next year. That will be the fuel that drives the market higher by 10 next year. Stuart i will try to put numbers on this. If you see a 10 gain for the s p 500 which is now at 3600, youre talking about the s p at 4,000 at some point next year, right . Yeah. Our price target is 3950, yeah, 4,000 round numbers. Stuart 33,000 on the dow. I dont know when you guys care about the dow but 33,000 . They tend to move pretty much in lockstep, so that would be about right. Stuart can you pick out a sector that you think will do best . Yeah. So, there is a few sectors that we like at the moment. I would highlight financials which we just upgraded about a month ago. You know, this has been a really beaten down sector, one of the laggards this year, really hurt by the pandemic. Credit costs are starting to fall. We think you will see a big improvement in corporate profits as we go into next year for the financial sector. There will be able to return capital to shareholders sometime middle of next year that is the big banks were talking about. That should be a pretty powerful catalyst. I like industrials. You guys were talking about boeing earlier. The whole Aerospace Supply Chain<\/a> is depressed that should rebound. A big part of industrials. Labor markets should continue to improve. That should be great for Consumer Spending<\/a>. We like health care. It is so beaten up. Valuations are out comes which we dont think are likely so we think there is scope for revaluation. Stuart david, you made us all feel better about 2021. Thank you for being here today. Thank you, stuart. Stuart sure thing. Lets go back to the vaccine makers put them up on the screen, please. One more time, lauren, take us through the great virus vaccine news of the day. Lauren there is a lot of it. Well start with pfizer, their vaccine 95 effective according to the final results of their trial and this is across all demographics. They will seek fda approval in days. Then you have moderna, 94. 5 efficacy. It is easier to store the vaccine. The final two frontrunners Johnson Johnson<\/a> and astrazeneca. Theyre in phase three testing awaiting results. Novavax they will begin latesting this month. As you know the fda approved the at home rapid nasal swab test, swab your telephone, get results within half an hour while you wait at home. A gamechanger for detecting, stopping the spread of covid19. The two drawbacks you need a doctors prescription for it. You cant go to the pharmacy to pick it up, at least not yet. It wont be widely available. Stuart it is nasty. You have to poke the swab up your nose. We should get that in there. That aint really nice. Lauren hopefully you dont go all the way up, to your eyeballs. Stuart stop it. Susan too much information. Stuart wait a minute, susan. Im looking at the problemmer and it says some analysts are predicting 40,000 for the dow. Susan we havent even reached 30,000 yet but 40,000 is just around the corner. This is call from baird, which you know, obviously some people listen to this investment outfit. Theyre talking about 40,000 on the dow next year because of the makeup of the index is more value than growth. Here is a new acronym. Forget fang next year. Think of beach, bookings, entertainment, airlines, cruise lines and hotels. When we talk about names like the beach stocks, trading below their true worth and their sales. Stuart that is a fair point. If you look at these beach stocks, before the virus hit they were way up above where they are now. If you get a recovery from the virus, maybe you can expect the travel stocks to go back up where they were. Susan that is fair. Im doing calculations in my head. Airlines are trading half the valley than they are we have seen rally because of vaccine hopes f we get vaccine approvals, multiple ones hopefully we turn the corner by april according to fauci, we will be there. Stuart i wont forget beach stocks. Cnns don lemon slamming trump supporters, roll tape. A lot of people will be embarrassed over time say how did i do that. Stuart did you hear that . If you voted for trump, youre supposed to feel embarrassed. Well that is interesting. Elsewhere, an incoming county official in oregon is openly defying Governor Brown<\/a>s crackdown on large gatherings. She is planning on throwing a big thanksgiving. That official tutti, she is on the show later this hour. Lawmakers in pennsylvania want you to wear a mask in your own home. Well take it all on as the second hour of varney rolls on. I decided to diversify mainly because of where we are as a nation with our debt that the government has and the value of the dollar and how the value continues to drop. I just thought itd be wise to have a hard asset that could be passed down. One of the reasons i bought gold was because i want to create an inheritance for my children and my grandchildren. I was born and raised on this ranch. I married young, just a fabulous man that im still married to 56 years later. We have two daughters, 13 grandchildren, and four great grandchildren. I feel like that gold and silver, its a tangible, handson inheritance. Whereas your dollar is backed by nothing. Its just paper. Of course, nothing is without risk, and that being said, i feel that by diversifying with Precious Metals<\/a> that im covering my bases. You need a whole basketfull of different ways of preserving wealth or creating wealth. And so gold and silver is a way of doing that. So i went back on the Gold Standard<\/a> laughing . If youve bought gold in the past or would like to learn more about why physical gold should be an important part of your portfolio, pick up the phone and call to receive the complete guide to buying gold, which will provide you important, never seen before facts you should know about making gold, silver, and platinum purchases. [narrator] for faster wealth protection, request a digital version of our complete information kit which will be emailed for faster delivery. 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Ashley well he has talked on both sides of this issue in the past and many are wondering exactly how he will handle remaining troops left in those two countries of afghanistan and iraq once he enters office. For instance in a 2012 tweet while serving as Vice President<\/a> during the obama administration, he said this, the u. S. Troops would be out of afghanistan by 2014. Vp on afghanistan, we will leave in 2014. It never happened you about biden did surprise voters in september when he told stars and stripes he would likely maintain a presence in the region to see through the talibanafghan government peace deal and also to insure stability against forces like isis which suggests he does not in a complete troop withdrawal. Up until now, certainly since the president s announcement, he has remained very quiet. Stuart we would like to get some clarity on that. Lets try ourselves. Lets bring in congressman adam kinzinger, republican from the great state of illinois. Congressman, do you approve of pulling troops out or reducing a lot the number of troops in iraq and afghanistan after all the sacrifices our soldiers made . I think that the key is. We made a lot of sacrifice. I know it is continuing to be messy. We made a lot of progress, if you look at afghanistan for instance, youre in peace negativion. It gets over 80 of the Afghan People<\/a> want the United States<\/a> theyre. They dont see us as an occupying power. Our mission there is counterterrorism. So going against isis and also stablizing the government. Here is my concern is, i understand peoples desire to leave. I totally get that but when you go from 5,000 troops to 2500, really what youve done, 250000 troops to do the mission. 2500 be just have that left is basically the force you need just to protect the bases were occupying. So i dont understand, if you do complete withdrawal one thing. I obviously would oppose that but i dont understand this halfway number at all. Stuart okay well get more a little later im sure. Sure youre from illinois. Illinois is essentially bankrupt, thats my word. Maybe a little harsh but that is my word. And your states governor, jay pritzker, he is a billionaire. He wants the federal government to bail out illinois. He wants the taxpayers of florida, tennessee, texas, to bail you guys out. Where do you stand on that . Yeah. Totally opposed to it. If you look at, maybe a year or two ago, all the republican congressman signed a letter to the governor and said, if youre waiting for us to support a bailout were not going to. Here is the thing, every state probably and should get some relief for the impact of covid but it has to be fair. When you look at illinoiss mismanagement for decades, their out of control pension system, it is not the job as you said, voters or taxpayers in a state wellmanaged to bail out and paper over the mismanagement of illinois. It is one thing to, if there wants to be a carrot stick approach set up to force illinois and other states in a similar position to actually make changes thats one thing but if youre going to expect us to write a check to continue the way you have been doing things it is not going to happen. Stuart what will happen in illinois . You really cant pay the government worker pensions. You have another lockdown situation developing here. Your economy is really in a mess, what do you think happens . Well i think, you have to have grownup discussions. Same with the federal budget deficit what is really driving that, entitlement spending. Same with illinois. You will have to take adult decisions. The governor put on the ballot what is a progressive tax trying to raise taxes on the rich, it failed epically actually for illinois. Would it just run more wealthy people out of illinois. He will be forced to raise tax on everybody and have to make budget cuts probably. Right now up to this point they have been completely ignoring the truth and trying to tell people it is all going to be fine if we soak the rich more. Stuart congressman, great pleasure having you on the show. Dont be a stranger to us. You bet. Anytime, take care. Stuart you got it. Im staying in illinois. The governor, jay pritzker has revealed new restrictions but he is concealing his own thanksgiving travel plans. Tell me more about this, ashley . Ashley got to love it. Illinoiss department of health is asking residents to stay home except for essential activities. Residents in the chicago and surrounding suburbs are asked to avoid gatherings and travel with individuals outside their home. Illinois governor jb pritzker himself keep gatherings small and. When governor was asked about reports he plans to spend thanks giving in florida, mr. Pritzker he dodged the question. I dont know exactly what my plans will be i certainly be happy to share. I think you already know, i mean, we have a place in florida. So ashley yes, you do. The governor says he and his family since this have received a lot of hateful threatening messages on social media, including a debunked video showing his daughter diving at a chicago restaurant. Pritzker said his wife and daughter will be in florida for thanksgiving while he and his son will remain in chicago. There you have it stu. Stuart another example of do as i say, not as i do. I think thats it. I think i got that the right way around. Ash thank you very much indeed. Ashley you do. Welldone. Stuart lets get to pennsylvania. The governor there wants you to wear a mask even in your own home. Is that, is that for real, lauren . Lauren yep, thats really what tom wolf said and the state Health Department<\/a> has clarified. They say this, indoors masks now required anytime youre with people outside of your household, even if you are socially distant. Applies to all indoor facilities and if you have people in your home, not part of your household. You must also wear a mask outside in pennsylvania when you cannot socially distance. Theyre seeing an explosion of infections averaging 5000 a day but this goes down to privacy. How do you police who is in someones home and whether theyre wearing a mask or not . I dont think people will listen to that. If you have a visitor who is not part of your household, that visitor probably understands that it would be respectful to wear a mask and well ask you, should i wear a mask . You can say yes or no, however you feel, right . People can make their own decisions. Stuart i agree entirely, lauren. I think you will always run into trouble when the government tells you what to do in the privacy of your own home. I think that is always going to be a problem. Lauren, lets move on. Look at this, please, this is police in germany firing water cannon into crowds of protesters in berlin. They were protesting against strict, strict virus restrictions. Look how many people they brought it for that. Set the water cannon on them. Restrictions here affecting our thanksgiving travel. Fewer of us will hit the road this year. What a shame. Gas is dirt cheap. More varney after this. 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<\/a> for smarter trading decisions. Fidelity. This was the theater i came to quite often. The support weve had over the last few months has been amazing. Its not just a work environment. Everyone here is family. If you are ready to open your heart and your home, check us out. We thought for sure that we were done. And this town said not today. If yothe medicare enrollment up. Deadline is only weeks away. And this town said not today. With so many changes, do you know if your plan is still the right fit . 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There are two versions of revolution by the beatles. A slow one, a faster one. Susan what is this one . Stuart the slow one. This is the one came later i believe. A lot of beatles fans in the audience, stuart, youre wrong all over again. We like the music. Were dusting off our british invasion animation. Were playing the beatles, ashley, the brits are banning gas and diesel cars. When . Ashley should play, let it be. Boris johnson said the uk will stop selling gasoline, diesel cars and vans 2030, just 10 years from now. Part of a 10point plan for socalled green Industrial Revolution<\/a> aimed at generating he said as many as quarter of a million jobs, yes, combating climate change. Uk authorities said sale of new petrol and diesel vans and cars would end in 2040. In february they announced an ambition to bring that forward to 2035. Now the new 2030 target comes after what the government describes as an extensive consultation with carmakers and sellers. The government will however continue to allow the sale of hybrid cars and vans that can drive a significant distance with no carbon coming out of the tail pipe until 2035. Stuart that was a quote, wasnt it . , coming out of the tail pipe. Ashley yes indeed. Stuart theyre sounding more and more like Bernie Sanders<\/a> over there. What a shame that is. Ashley they are. Stuart sorry, i have to move on. What is it 10 30 and 40 seconds. We have the latest numbers on oil. How much in storage. How much we use. Susan we all live for this. A build of 368,000 barrels slightly less than forecast, for the week economists were calling for closer to 1. 7 million. A build in stockpiles but not as much as anticipated. Stuart okay. Susan you live for it. Come on. Stuart no, we dont. I digested the significance. Get Something Real<\/a> serious. Nio, the chinese electric car company. We got their earnings. I bet they did well. Susan they did well. This company rallied 1000 this year. This is profittaking. 1000 , you want to cap some of those gains. Better than expected. For the full year theyre looking to deliver more cars than anticipated i think is very bullish, right . We got upgrade from bank of America Calling<\/a> the stock worth 54. 70. There is still a lot more upside. Stuart from here. From 43, 54, you have 20 under your belt. Not bad. Susan i knew you were going to say. Stuart tesla, what have you got on them . Susan tesla got a Morgan Stanley<\/a> upgrade for the first time in three years. You have to go back to 2017 the last time morgan was overweight on tesla. Theyre predicting 22 up side for the stock. Tesla already quintupled so far this year. Price target, 540 from these levels. Morgan stanley is jumping on the bandwagon. Theyre recommending the car company. They dont see it as a carmaker. They see it as Services Firm<\/a>. Think of Hightech Software<\/a> on selfdriving, baltry tech and insurance. Yes, that is helping by the way boost up other electric Car Companies<\/a> like nikola. It is a tesla rival. Nikola up 12 . That bounce of 10 . Stuart you remember fargu on the show, he thinks tesla goes to 578. Very firm. Morgan stanley is following him. Finally getting on the bandwagon. Connell he got that in, didnt he . Thanks giving a typically busy time for travel. This year may be different because of the pandemic. The gentleman on the righthand side of the screen, patrick dehahn, gas buddy. You say road travel will be down significantly. How much . Thats right, stuart. Were looking at a drop, not such a big drop, only a third ever americans hitting the road this year. Down from 2 3 last year. Of course you can blame coronavirus. Unlike the brits who may be forced to park their cars americans this Holiday Weekend<\/a> will be voluntarily parking theirs. Stuart what a shame. Im not on the math on this i think gas is as cheap as it has been in many, many years. Is that right . Thats right, stuart. We are real close to seeing the lowest prices since 2008. Now with prices going up here in the last few days well be the cheapest since 2016. A missed opportunity potentially but of course in the backdrop of this coronavirus cases surging you know, really i think most people will be parking in their living rooms to watch the lions again disappoint. Stuart i heard that. Now this, when im driving along the highway, i figure where am i going to stop for gas, first thing that motivates me is the price, okay. Everybody knows im cheap. Secondly is, the convenience of getting off the road and getting back on to the road but youre telling me there is a third reason for stop and this is . Cleanliness, stuart. This year as you mentioned price is always top of mine especially with me. Who wants to pay more. The convenience, you will not go in town to save a few cents. The third of course this year is a bump from what weve seen the last two years, cleanliness. Of course in this covid era, hand sanitizers at pumps. People want to feel like the station is clean. They will not pull in a station that looks ugly. Stuart about time we shaped up some gas stations and restrooms. Wouldnt do any harm. Patrick dehaan, youre all right. Thanks, stuart. Stuart here is a headline that really caught my eye. Costco is offering a private jet subscription service. Kristina partsinevelos, i didnt realize they had a fleet of private jets. How does this work . Reporter 12,500 for private membership. Costco teamed up with wheels up. You get 4,000 flight credit. 3500 costco membership. This comes at a time when we know air travel is down dramatically. According to aaa, it is largest one year drop in air travel in their history, down almost 48 . That means people arent traveling as much. Prices have dropped dramatically as well. Domestically, according to hopper. Com, domestically plane prices are down about 40 . International flights are down 20 . Averaging about20 bucks. Youre getting some deals. A lot of people worry about travel. If were talking about the private jet industry, they were hit hard in the beginning because of all the business travelers that werent flying. You had a lot of wealthier people seeking out safer options, less exposure. Actually youre seeing this private jet industry actually pick up quite a bit. So costco collaborated with wheels up. Just a mere 17,500. The catch is, stu, you get the membership, you get the costco membership, you get the private membership but you still have to pay for the flight. Giving you access to beautiful plains like this citation xl behind me here. It is something new. Maybe something one day we can afford. Back to you. Stuart you know your hand actions when you give reports are absolutely priceless. I love the sweep along the wing of the private yet. That was very good. Welldone. Reporter showandtell not vanna white or boring tv. Stuart excellent, kristina. Susan little do they know you already can afford this private jet service. Stuart cant afford or can . Susan you can. Stuart well see about that. Thank you, kristina. I said it before, i will say it again, the media loves joe biden. Only softball questions for the president elect. Martha maccallum on that next. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. And well make your first months payment. 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 stuart are we up or down . Were up 100 points for the dow. Were down 1on the nasdaq. Got this. President elect biden says bring back Daily Press Briefings<\/a>. Lets bring in martha maccallum, anchor of the story on fox news. What do you think these Daily Press Briefings<\/a> will look like, martha . Well i think they will look a little different than they have looked over the past four years. That is pretty clear. What weve seen so far are very sort of softly handled balls get thrown at the former Vice President<\/a> and president elect biden at this point. You know i think that were just looking at a completely different tone overall, stuart, in terms of what this looks like. I think we got a good taste of it on the campaign trail, they called a lid most mornings or many mornings. It is a different vibe. Stuart im fine with a nicer tone. I dont think anybody objects to a nicer tone but the press, the media is supposed to some degree hold a president accountable by probing sharp questions. Who is going to hold this president accountable if all we get from the troops, from the press, i should say, is just softballs, one after another . Well i hope, when we get to the press briefing room, there will be some of our reporters in there obviously who will be pressing the president elect on a lot of these issues. You know, we didnt have a Foreign Policy<\/a> debates this time around. We had no real probing interviews from any tough interviewers for the former Vice President<\/a>. I mean, i expect that at some point the honeymoon is over and the questions will change dramatically. There is so much we dont know about where joe biden stands. We heard a lot of things about rebuilding coalitions, revisiting the iran agreement, getting back in the paris climate accord. All of these things. They havent been vetted, pressed on them, why, the ramifications for all of those things. One thing you have to say about President Trump<\/a>, say many things about President Trump<\/a>, one he took questions all the time. Stuart yes. On his way to the helicopter, all the way back. He wanted engagement. He pushed back, not happy with a lot of press that he received but willing to engage in a real animated way. Stuart im told that the biden camp is still calling an early lid. Im told this. Is that accurate . Is this what were going to see for the next four years . I have no indication there is anything, we will see anything else, stuart. I think you will see a return to a very different kind of presidency. I think this is part of the reason though, and it is worth noting, i think this is part of the reason that he won. The campaign was not super substantive, in terms of what the next four years would look like, what joe bidens vision was for america. The vision we got for america to bring it back to some sort of normalcy. To regenerate, you know, a quieter, gent letter path. You dont get that unfortunately. Reminds me many ways, jimmy carter came in after nixon and the brief ford presidency. Everybody wanted someone wearing a cardigan sweater to slam things down. He got slammed with the iran hostage crisis and oil embargo. The presidency has a way to through the itself upon you. You dont get to put a lid on when stuff happens in the world. How he responds that is definitely the story were covering, that is for sure. Stuart youre one of the most hardworking people in television. We appreciate you coming on the program regularly. Thanks for having me. Stuart sure thing. Lets bring up the subject of don lemon slamming trump supporters. There is nothing new in that, is there, lauren . What is he saying . Lauren well, okay, there is nothing new in that. Don lemon was talking to chris cuomo specifically talking about the wayne county michigan where republican electors initially refused to certify results as biden as a winner when don lemon said this. A lot of people will be embarrassed over time, they look back, how did i do that, how did i fall for that . What happened to me, what was i thinking at that time. Your grandchildren will look back, what did grandpa did, what did dad do, mom do, in this moment, realize youre on the wrong side of history. Lauren wrong side of history and embarrassed for your political vote, for your opinion, for supporting President Trump<\/a> . Stuart dream on, don. Lauren whatever your vote is that is personal. That is fine. Stuart absolutely. 1 million americans should be embraer 71 million americans should be embarassed . I dont think so. Now move on to the view, cheering virus lockdowns. What did they say. Ashley highly learned, cohosts of the view cheering new wave of covid crack downs across the country. Arguing people cannot be trusted to do the right thing. Take a listen. Frankly i want to start by saying thank you to all of these governors and mayors that are finally heeding the call, that people were dying. About time. So im grateful. Ashley Whoopi Goldberg<\/a> is grateful, no doubt about that. Joy behar said, guess what, it is about time. They also did criticize politicians who flouted their own rules to their credit including House Speaker<\/a> nancy pelosi. But we can all rest easy because the cohosts of the view believe that the right thing is being done. My sarcastic comments are over. Stuart but sarcasm on occasionally is very effective, ashley, that was good. Welldone, lad. Ashley youre welcome. Stuart new York Governor Andrew Cuomo<\/a> sharply critical of president obama, sorry, President Trump<\/a>, big pharma over the speedy vaccine. Coming up Kayleigh Mcenany<\/a>, she will join that discussion, i promise you. But first, were talking to tootie smith. She is a county official in oregon where the limit on social gatherings is six, count them, six people. She says she will invite as many as she can to her thanksgiving. She is deiing into the governor. She is next. We made usaa insurance for members like martin. An air force veteran made of doing whats right, not whats easy. So when a hailstorm hit, usaa reached out before he could even inspect the damage. Thats how you do it right. Usaa insurance is made just the way martins family needs it with hasslefree claims, he got paid before his neighbor even got started. Because doing right by our members, thats whats right. Usaa. What youre made of, were made for. Usaa were made for. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Stuart not much price action on the market this morning. Weve got 100 point gain for the dow. Two down on the nasdaq. Six up on the s p. Fairly flat. Look at carnival. Operations on pause for the first half of 2021. Theyre doing that because they need to work to meet cdc requirements which include having an onboard testing facility. The stock actually is up 1 . Lets get to oregon. There is an order there to limit indoor gatherings to six people. Thats it. That applies to thanksgiving lunch of course. Come in tootie smith, the commission chairelect, county commission chairelect, in clack aum count. Is that correct . We have the orgeons Third Largest<\/a> county and border portland, or gone. I want thanksgiving and i love them, i should extend that courtesy to my family without the threat of Governor Brown<\/a> to arrest and jail people having a thanksgiving meal. At same time she is allowing rioters and anarchists to destroy and burn and pillage the city of portland. Stuart i believe you invited everybody to your thanksgiving. Everybody who normally comes to your thanksgiving. Everybody who normally comes, stu. Thats right. Thank you for that clarification. I invited all of my family who normally comes to thanksgiving dinner. It is their choice. They said they want to be together. They likewise crave. They will be responsible. Most of my family members are tested for covid. Most of those tests come back as far as all of them have come back negative. They will make their own decisions and how they conduct themselves. Because the people stuart what will you do, sorry, what will you do if youre in the middle of eating the turkey and the police show up at the door wanting to come inside and count how many people youve got around the table what would you do . Im going to get my cell phone out and do a Facebook Live<\/a> video and post it for the world to see. The lewdcracy of Governor Brown<\/a>s orders. Stuart some people say you are being irresponsible . Oregon has been in a lock down for eight months. Oregonians have complied to the letter with the governors and the cdc mandates of being safe, social distancing, wear a mask, stay home when sick. I dont see how oregonians can be asked to do anything more. And by the way, stuart, cases in clackamus county are dropping this is a mandate she issued for all 36 counties in oregon. Even Governor Newsom<\/a> in california let each county decide their own destiny. Our governor does not trust the duly elected officials in each of oregons counties to chart their own destiny and manage their own counties which by the way is a law. Stuart all right. Tootie, youre spelling it out very clearly and we like that. Im just, ive been really, im keen to see what happens on thanksgiving in the state of oregon. I can understand that maybe portland is gungho for lock down but the rest of the state, i will be very interested to see what happens. Tootie, thanks for being with us today. We really appreciate it. Best of luck too. I appreciate you, stu, having me. Stuart coming up you will hear my take on the cdc new holiday rules. All of them. Theyre extraordinary. Still ahead a big show, kateKayleigh Mcenany<\/a>, tom homan, the third hour of Varney Company<\/a> is next. Roblem. clog dancing at least geico makes it easy to bundle our renters and Car Insurance<\/a>. Yeah, helping us save us even more. For bundling made easy, go to geico. Com adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Its putting that hard asset as a insurance, you might say against the paper dollar. Thats why i bought gold. Its not for my insurance but its for my daughters and the grandchildrens insurance that i felt like that generational aspect of passing down gold is securing them a future. Of course nothing is without risk and that being said, i feel that by diversifying with Precious Metals<\/a> that im covering my basis. Its a hard asset, you can turn it back into cash whereas keeping a lot of cash in your bank account, can really almost end up being nothing. You have these dollars over here, sitting in a bank drawing, practically zero interest. I mean, you have to keep cash but you dont have to keep everything in cash and you dont have to put everything in the stock market. You dont have to put it all in a bond market. You do a little bit of everything. And then you sleep at night no worry about it. In fact, i sleep better with gold than i do with the stock market because its tangible, its there. If youve bought gold in the past or would like to learn more about why physical gold should be an important part of your portfolio. Pick up the phone and call to receive the complete guide to buying gold which will provide you import never seen before facts you should know about making gold, silver and platinum purchases. [instructor on phone] for faster wealth protection, request a digital version of our complete information kit, which will be emailed for faster delivery. With nearly two decades in business, over a billion dollars in transactions and more than a half a million clients worldwide. Us money reserve is one of the most dependable gold distributors in america. Breakthroughs coming in, major breakthroughs one after another in the fight against coronavirus, these are going to be the light at the end of the tunnel. By the end of nectar 2021 we can easily see the dow by 35000, you think profits will be up more than 25 next year and that will be the fuel that drives the market higher. Consumer spending will grow by at least 4 annualized in the Fourth Quarter<\/a> from the prior quarter and that is darn good. Stuart calvin harris. Susan featuring neo. Stuart its 11 00 oclock on the east coast and were seeing green on the markets, not that much, we will check them, dow was up 100, nasdaq up a tiny fraction, the s p up five points, plenty of green but not that much price movement. But do show me pfizer and biontech. They have been helping the markets big time, we got news of a promising new vaccine, pfizer now says there vaccine is 95 effective and we have a new athome test, takes 30 minutes cost 50, big deal. The centers for Disease Control<\/a> is telling us how to celebrate thanksgiving. There is no celebration involv involved, just hunker down and be afraid. I will give you bullet points from the guidelines. Avoid singing or shouting indoors, keep music levels down so people dont have to shout or speak loudly to be heard using alcohol may alter judgment and may make it difficult to practice covid19 safety measures. What the cdc wants is for you to eat your turkey with your own household or attend a virtual thanksgiving dinner and watch sports and parades at home. Is this what biden wants . He has always said follow the science, the cdc is a body and a lockdown thanksgiving. Going with the science means turning over responsibility for governing to a committee, it also means abandoning our constitutional right to the privacy of our own homes, we just heard from an official in oregon who will defy Governor Brown<\/a>s order limiting thanksgiving dinner to six people and we heard from several shares in new york state who will not into your house to check on what youre doing, lets be clear, there is nothing in the constitution that allows any authority to check who is eating what and with whom in your private house, growing up in britain i remember the expression an englishmans home is his castle, keep out, thanksgiving dinner is a wonderful american tradition, keep out. The third hour of Varney Company<\/a> is about to begin. What im preaching all the time was contradicted and i got own that i want to apologize. There are times when we need to have her relief and come together and i felt like that was one of those times the crowd would gather whether i was there or not. You think about covid, my masking both of these places. That is right. I take responsibility for falling for is set up, he owes me an apology. Stuart california officials, they dont care that much about breaking the rules that they set, they want you to do as they say, not as they do. Steve hilton is the host of the next revolution and he has a smile on his face, he joins us now. I Understanding California<\/a> you have to wear a mask outside all the time. Is that right . It is those are the new mass guidelines and we can expect the governor not to follow them, there is something i need to point out, its very important for people to understand that when gavin newsom says he follows the spirit of the rules but not the latter, that is not true we see new photos emerge thanks to our colleagues at fox l. A. That show he was breaking the letter of the rules because according to their ridiculous rules on thanksgiving and other occasions, when youre at a meal youre supposed to wear your mask the whole time and remove it only between bites, theres photos of gavin newsom at the dinner at one of the worlds most expensive restaurants, there is not a mask insight, its completely offensive on the hypocrisy level and it relates to what youre saying in your take which i so agree with, what is this revealing is the fundamental difference between the philosophies of conservatives and those on the left, conservatives believe they have an optimistic view of human nature if you trust people, if you give them responsibility they will do the right thing where the left believes very pessimistically you cannot trust people, they will do their own thing, thats why you have to micromanage them, tell them what to do the whole time, this is becoming clear and clear and people in this country who love freedom and are responsible when you give them the chance to be responsible will revolt against this because its so offensive and alien to the american tradition. Stuart stay there, i am more in a Second Period<\/a> i want to talk about the big tech hearing and capitol hill and steve knows all about this. What happens to President Trump<\/a> social media accounts. Susan on twitter he will no longer enjoy policy exemptions that are extended to World Leaders<\/a>, the tweets perceived to be threatening, harassment, copyright violations and impersonation so many World Leaders<\/a> are giving wider latitude on twitter because the tweets are considered political speech and dorsey says when he leaves office, he will no longer enjoy the privileges, Facebook Mark<\/a> zuckerberg says it will not change the way that it moderates President Trump<\/a> supposed when he leaves office, facebook has been labeling was to President Trump<\/a> supposed since election day but theres a different in terms of treatments of President Trump<\/a>s tweets once he leaves the white house. Stuart the possibility that he can be banned from twitter or his post stricken from. Susan when he tweets and what he post, yes. Stuart let me get back to steve hilton, he knows the social media business. I find that absolutely incredible, the very idea that you would censor and shove off your network, the former president of the United States<\/a> of america, i can hardly believe that. They feel that there is absolutely no constraint on their behavior, they can literally do whatever they want and that reveal something that weve been discussing for many years that the fundamental point, they have too much power, there is no constraint on their behavior because what they provide is something that everyone wants, all the lawmakers all use the service, everyone uses in service but the problem there is not enough competition, if you had more competition to get a proper constraint on their behavior thats why ive argued the real answer is to break up the companies, i know the people at facebook my wife used to work there, Mark Zuckerberg<\/a> the one thing the he is frightened of and wants to fight is not section 230 reform or regulation he can cope with that and hire more people, the one thing he does not want is the one thing that we should do, break up facebook so he has proper competition. Stuart i dont think thats going to happen anytime soon, there is a slim majority for the republicans in the senate, slim majority of the democrats in the house and facebook has at least 50 billion to spend on lawyers if they want to, i dont see the breakup happening anytime soon, do you . I dont know about that, i think give a real Building Momentum<\/a> because youve got an interesting alliance between them and trim republicans and democrats. Both sides have facebooks in their crosshairs right now, were Different Reasons<\/a> but they really have and i think the example on the left yet people like Elizabeth Warren<\/a> who wants to proceed this agenda and biden is going to be very influence likbythat. I think we could see some action in that direction. Yes of course like anything of this scale it will take a long time, lots of lawyers but the mood has shifted against the companies because they have been annoyed by so many people of the imperious manner in which they behaved. Stuart thats fantastic, fascinating. We should be watching you on the next revolution sunday night nine eastern on fox news. Thank you, see you again soon. Stuart bank of america says the markets are close to full bowl, market guide jason caps back with us today. Jason, most of the people on this program certainly from the big wall street firms are looking to next year 2021 and they see a rally coming, i think you do too. But just take a moment and tell us what do you think it would be that stops the rally, holds the rally in its tracks, what is the negative that we might be facing . There is three simple things, first and foremost would be a national lockdown, secondly no induration even a skinny physical package, third would be no dividing government, if we have one of those three things in a very big way we could have a meaningful pullback, that is not our base case but those of the risks to be mindful of. Stuart youre paying close attention to the gridlock situation, are you paying close attention to Georgia Senate<\/a> runoffs which could change the gridlock, im sure youre paying close attention to georgia. As ray charles said, george is on my mind, people arent paying as much attention to this, maybe because her getting out of the grips of the National Election<\/a> and maybe other great vaccine news but as we approach the first week in january, i bet dollars to donuts that you and i will talk about this issue, think about what is at stake, a major policy reform and huge tax implications. Heading into the president ial election you and i discussed, everyone is embracing a blue way because it meant more fiscal stimulus and when they got divided government, they realized what a relief to not see caps gains release go up, i will pay a kenai on the starter electioentering georgia electio. Stuart i hope your back in january talking about the Senate Runoff<\/a> and how it goes. Jq thinjason thank you for bein. A hard line of immigration right from the getgo when he was first elected president , what happens when biden takes over, what happens indeed i will ask former ice director tom homan, harvard student trying to play the cancel card, no Trump Officials<\/a> on their campus, Kayleigh Mcenany<\/a> went to harvard law, will she be allowed back . First at least five states are banned Indoor Dining<\/a> out right, many states have curfews, the National Restaurant<\/a> association sounds off on that, hes on the show next. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums with tums smoothies. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Did you know liberty cemutual customizes your Car Insurance<\/a> so you only pay for what you need . Just get a quote at libertymutual. Com. Really . Ill check that out. Oh yeah. I think i might get a quote. Not again aah, come on rice. Do your thing. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Stuart look at target, that is a record high, they reported strong thirdquarter results, online sales up 155 , Curbside Pickup<\/a> up 500 , 170 is a record high, show me craft heinz the ketchup maker heading back to canada, opening up a new Production Center<\/a> up one and a quarter percent. The National Restaurant<\/a> association saying restaurants are becoming a scapegoat for the virus restrictions, tom binet is the president of that group and he joins us now. I find this hard to believe eating at a restaurant really is a virus threat, straighten everybody out please. Good morning and thank you for having me, we completely agree, there is absolutely no data that suggest that eating at a restaurant when the restaurant is following all the guidelines we set out in partnership with the fda and cdc that there is risk of spreading on a restaurant. Stuart how does it make you feel when you see pictures of governor gavin newsom eating without a mask without stopping to eat his mas put his mask on a very expensive restaurant in california disobeying his own rules, how do you feel about that . I think we feel first and foremost were about public safety, anytime we see somebody not following their own guidelines let alone the guidelines weve set forth for restaurants that is concerning. We know when people do follow the guidelines, massacring, social distancing and all the cleanliness and sanitation standards that we put in place that it is very safe to eat in restaurants. Stuart does it make any difference at restaurants and bars in the new york area will cut everybody off at 10 00 oclock as a curfew, does that make a difference to the spread . The curfew is better than shutting down completely, i think its trying to assume as things get later and can create more challenges but the reality i dont think theres any data that suggest that is going to change the trend, i think the reality is restaurants can be safely operated and consumers in guest can absolutely have a great experience safely in a restaurant who are following the right operating guidelines. Stuart open up, you will take care people, make them feel safe, try to make them as safe as possibly can, please open up, is that what you want . We believe when opened, we have demonstrated the restaurants can operate safely in the guest can enjoy a meal with her friends and family in a safe environment, we want them open but it might push people into some of the environments where we know are not safer people are gathering in big groups outside of restaurants because they cant go in restaurants that have demonstrated to be safe it could create more challenge for the virus. Stuart are not doing what you want, they keep on putting more and more restrictions on the restaurant business, do you have any recourse here . We continue to educate everyone, our biggest ask, we sent a letter to the National Government<\/a> association and the mayors urging them to consider policies and regulations that enable us to stay open but it has to start with making sure that they are using fax, Contact Tracing<\/a> data not hypothetical situations of transmission or causation studies, they need to use factual information. We need to keep educating and driving that point in reinforcing when they shut us down all are doing is hurting those locations, those folks in their communities who are trained to do the right thing, Business People<\/a> trying to earn a living. Stuart how about a little consistency, you cannot open up, then get shut down then open up again partially, you cannot do that consistently surely should be what you want. We need consistency in the way there evaluating the restaurants we need consistency in how theyre communicating with restaurants and was happening and we need facts and figures, consistency is key, you said it well we cannot have restaurants opening and closing operators cannot operate that way and their struggling in all this does is create more challenges for the restaurant industry. Stuart thank you for joining us, i would like to see you pound the table more, the Restaurant Owners<\/a> i know are pounding the table, but your diplomat, a big smile. Thank you, sir, great to be with you. Come back soon. Take a look at times square, it is empty, week before thanksgiving, it is usually packed this time of year, come in lauren how long before the tours come back . Lauren ill give you the good news, they will start to come back in the middle of next year but the bad news is pretty somber, it will be five years before the 2019 new york city tourist levels return, five more years, the city is not the same, anybody who lives there, works there and been there recently knows that, next week thanksgiving a parade, the plus they will go one block, not to a half miles, the broadway performances will be pretaped and then you have the Rockefeller Christmas<\/a> Tree Lighting<\/a> that iconic tree, im born in new york my entire family comes in every year to see the tree and oh my goodness look at the tree there will be no access to the public but is that not the perfect Christmas Tree<\/a> for 2020, it is bald, cricket, not pretty and i said that is so insulting adds insult to injury and then i said that is just perfect, that describes the year for so many people. Another christmas and ended the year tradition is the iconic times square ball drop, that will be virtual this year as well. Stuart i weep for the city. Thank you very much indeed. Lauren five more years. Stuart ashley whats going on with newark Contact Tracing<\/a>. Ashley i was just thinking about ball, cricket and ugly i thought she was talking about politicians. That was too easy new york city is having trouble tracking down the sources of the covid19 infections, mayor de blasio, he is not bald at midst the Community Spread<\/a> has overwhelmed efforts to trace the virus, city Health Experts<\/a> say they know 10 of the infections in the city can be traced back to travel outside of the area while another 5 10 can be linked back to individual sources that still leaves 80 unaccounted for even though the City Employees<\/a> were then 1200 people who try to Contact People<\/a> who have tested positive and tracked their movements, part of the problem they cant always get a hold of people who have tested positive, for all of the counting of the Contact Tracing<\/a> Program Turns<\/a> out is not very effective. Stuart some people are suspicious of their asked by a stranger who have you been meeting with, americans. Last but not least, newark Governor Cuomo<\/a> is getting a pay raise. How much. Susan toy 5000, new york state is facing a 63 budget shortfall the next four years but they found 25000 extra dollars, that means he will make 2,050,000 making him the highestpaid governor in america. Cuomo gets a pay hike but over 200 state lawmakers did not get the okay for their pay raises. He also managed to find six months to write a book during the pandemic which is a bestseller, lets see how much he gets from that. Stuart do not get me started. Susan american. Stuart this is america the last time i checked. Cuomo says the President Trump<\/a> should not get any credit for the virus vaccines, what will Kayleigh Mcenany<\/a> say about that. If you want to avoid a busy airport costco says it has the perfect solution and we will explain next. Do you have a Life Insurance<\/a> policy you no longer need . Now you can sell your policy, even a term policy, for an immediate cash payment. We thought we had planned carefully for our retirement. 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Its going to take a while they dont plan to until the Second Quarter<\/a> of next year, United Airlines<\/a> will do it earlier in the First Quarter<\/a> of next year but american Airlines Says<\/a> itll have a 737 max plane flying roundtrip from laguardia to miami by december 29 and then phase in more of the aircraft in january, before any of the airlines can do that they have to undergo changes to the plane mainly the Flight Control<\/a> system that was partly to blame and the two crashes, all of the pilots will have to be trained on how to use the plane once it has undergone the changes. Boeing has been waiting for 20 months, in the time it has replaced the Ceo Dave Calhoun<\/a> said in a letter to employees today we have implemented a series of meaningful changes to strengthen the Safety Practices<\/a> and culture of our Company Every<\/a> next plane we deliver is an opportunity to rebuild our brand and regain trust, trust is going to be big as customers get back on these planes, all the airlines to fly 737 max planes said they will allow customers to rebook if they dont feel comfortable flying on one of them. Stuart Grady Trimble<\/a> in chicago, if you are not comfortable flying commercial at this moment, costco has a solution for you. Were back to Christina Park<\/a> to n, tell memore. And measly 17500 to get access to the 12 month jet membership, costco is joining up with a Company Called<\/a> wheels up a private Aviation Firm<\/a> and access to over 300 jets, you can book within 24 hours and you get 3500 costco shop card, a gift card and 4000 credit, what better way to find out how this jet industry is doing then asked the ceo of wheels up who happens to be in the plane, can you tell me the clients youre getting given the private aviation and the aviation of a whole hit hard with the pandemic. We are democratizing private aviation and bringing it from tens of thousands to millions and if youre gonna democratize private va should who better than with costco. Exciting times of their business and what was once a luxury is now an essential. I want to know how much it will cost if i was to go to boston already paid the membership fee and after pay more on top of it. You can get to boston less than 5000, if you think about bringing a family up to boston youre talking about four or 500 a seat which is easy to do, if youre going to florida, 12 e and if you have flexibility youre getting a strong pricing. Thank you very much for joining us, now you know the prices, 17500 may not be affordable for all but opening up to the masses what were learning. Stuart that was fascinating im glad you got the price out of him. Well done. Now this, Governor Cuomo<\/a>, new york governor claims big pharma and the president only pushed a vaccine through to help their egos and their pocketbooks. Watch this. You did not need true to tell the Vaccine Companies<\/a> you should develop a vaccine, he had nothing to do with it, pfizer, moderna, Johnson Johnson<\/a>, they know this is billions of dollars, whoever gets to the market first, it is bs, he did not do anything, its a Drug Companies<\/a> and nobodys going to trust him saying it is a safe vaccine. Stuart my goodness, he did not do anything and nobodys going to trust him. That is Kayleigh Mcenany<\/a> White House Press<\/a> secretary. Have at it, here is Governor Cuomo<\/a> saying that, have at it. This is absurd why he is saying, President Trump<\/a> organized operation warp speed back in january when democrats were engaging in facebook and President Trump<\/a> was partnering with moderna the 2. 5 billion, another Million Dollars<\/a> pfizer as well, this president pave the way, the fastest vaccine in history by five times, that was only done because President Trump<\/a> tearing down the accuracy, red tape while Governor Cuomo<\/a> was shoving seniors with covid into nursing home and causing mass devastation and loss in the state of new york. Stuart im sure President Trump<\/a> has seen what Governor Cuomo<\/a> said, what is his response, can you tell us. Absolute hypocritical nature of cuomo. President trump saw in real time when Governor Cuomo<\/a> praised his work in cities been a great partner hes been in private calls of the governor and others where hes been praised for his response and this is blatant politics, partisanship and worse than that its a responsible with the antivaccine rhetoric that were seen from Governor Cuomo<\/a> and doubt set a time when were approaching the critical month of december and we will need 40 million vulnerable seniors and our frontline workers to receive this vaccine. Stuart im going to change the subject completely. I want to talk about harvard, as you may know a petition is circulating there which would be on Trump Administration<\/a> officials from teaching, speaking or setting foot in the university. That would include you, you went to harvard law, are you gonna go back and challenge them. Absolutely, i hope the Administration Stands<\/a> firm against this call from censorship among the students. When i was there there was an uprising, on campus that tried to silence the speech people from the right and the individuals in the administration stood up against them, they asked for exemption during a time of racial protest, the administration said no, you have to show up for your exam, i hope the administration is the same way they worried when i was there and they rebuke this movement, the censorship should not be tolerated in Academic Community<\/a> should be free speech and adjusting of ideas, not the censorship of the viewpoint that you feel is unpalatable. Stuart will you challenge . I would love to see you walk back into harvard, harvard yard or whatever walk back and see what happens. Id like to see that and i would like to see them throw you out, im not being funny. I want somebody to challenge these people, they should not be getting away with this. Absolutely i would do just that i would happily walk on campus and challenge this. While i was there i was very vocal about my support for President Trump<\/a> in 2015 and 2016 not ashamed for my conservative views even if it brought me the iron of other students, i would be opening to challenging that along with any other administration. Stuart you can come back any other day you like. Kayleigh mcenany. I am sure we will see you again soon. Senator Martha Blackburn<\/a> did not mens words at the big tech hearing on capitol hill. You have used this power to run amok, you have used it to silence conservatives. Stuart senator blackburn will join in just a moment. There is no way around it, Speaker Pelosi<\/a> needs to face the music she lost in the election big time. I will explain that too. Sofi made it so easy to pay off my student loan debt. They were able to give me a personal loan so i could pay off all of my credit cards. I got my mortgage through sofi and the whole process was so easy. 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You have used this power to run amok, you have used it to silence conservatives, you have driven this cancel culture because you have not called to account your moderators, you have proven you do not have the will, the strength, the ability in you will not accept the responsibility to do it for yourselves. Stuart tell them senator, that was senator blackbird while grilling the ceos of facebook and twitter. Senator you told jack dorsey and mark doctor berg, do you think things will really change . Yes, i do, they are not exercising the ability to self regulate, therefore it comes to us on the issue of privacy and having a fragile preemption on privacy, we have bipartisan agreement, bill is moving in the senate, when it comes to section 230 and the needed reforms, the legislation for online freedom and diversity act that i authored along with chairman wicker and chairman graham is going to be marked up in judiciary tomorrow and that it will move to commerce for its markup, the American People<\/a> are just ill in fatigued with the adolescent way, the ceos of big tech act when it comes to respecting privacy, respecting the protection of someone virtual use in the space and the way that they act as if they are the Silicon Valley<\/a> gods and how they choose to just eliminate certain tweets or post or block or throttle or shadow band and people have just about had it with these guys, we will not allow them the Liability Protection<\/a> that they have used and now abusing. Stuart would you really like to see them broken up, im talking about facebook primarily, would you like to do that . You are going to see with google which is a monopoly and with facebook a monopoly, the approach will come from d. O. J. And the ftc to review these Business Model<\/a>s and either recommend a divestiture or an breakup. I expect that will be coming in the next year. Of course we are most concerned about how we protect americans and their rights in the virtual space, my friends across the aisle are more concerned about antitrust and breaking these companies up. It is going to be a very eventful year when it comes to Technology Policy<\/a> and my hope that the ceos will realize they need to be working with us when we have a hearing, they need to come in prepared, i should not have to go into chief mama in charge and schooled them for the way that they have such a lack of respect for the American Consumer<\/a> who is using their platform. Stuart thank you for being with us today, i know youre very busy but its always a pleasure. Speaker pelosi, lets go on with this, Speaker Pelosi<\/a> lost big time, instead of winning more seats, they sell the majority cut to the lowest number since the early 1900s, serious repercussions from that, the speaker has lost her leverage, she is not going to get a big spending bill and she will not be able to bailout new york, new jersey, california and the repercussions from that are huge. Also, the party is badly split between socialist and socalled moderates, unity was the speakers weapon, it is not there anymore, this week they choose their leaders, currently pull oc, james clyburn, all in their 80s, democrats in the house not victorious, they are challenged. That is my point of view, that is my opinion. On the market this morning, not that much movement, up 100 for the dow, up four for the s p in a tiny fraction for the nasdaq. Lets look at Goldman Sachs<\/a>, interesting story, their Huge Investment<\/a> on wall street they are preparing for a round of layoffs. Susan the second time in three months, multiple reports including fox business that the new round of layoffs will be a 400 job cut in the bank started in september and the first round and expect much more and higher numbers of cuts in the coming year according to bloomberg, one of the largest of Goldman Sachs<\/a> and u. S. Bank and goldman pledged and they said this was coming but they put a hold on it because of the pandemic and the covid lockdowns but now back to and goldman says they want to cut around 1 billion and that means cutting jobs as well and its not just Goldman Sachs<\/a>, 60000 bank jobs have been cut so far this year and thats likely to go higher into next year. Since tech is now taken over, you need to go into bank branches, for you may be but for most people the acceleration of mobile banking has taken place. Stuart i do a lot of things on the phone banking wise that i never did before. Susan in your not cursing at the phone . Stuart of course i am. I have busted a couple of them. President trump spent the last four years cracking down on illegal immigration, tried to on six ray cities and states, what happens when joe biden takes over, guess who is going to answer that, tom homan, the man in charge back after this. To support a strong immune system, your body needs routine. Centrum helps your immune defenses every day, with vitamin c, d and zinc. Season, after season. Ace your immune support, with centrum. Keeping your oysters busihas 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 claim your seventyfivedollar credit when you post your first job at indeed. Com promo adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Stuart immigration and Customs Enforcement<\/a> ice looking for a new contract with microsoft and amazon. Susan its worth 100 million over the next five years, it could be worth tens of millions in new business to the tech giants, it is nothing to them, its a lot of money to pay your employees but at amazon and microsoft they face internal revolt because they have been working with ice, two years ago more than 100 microsoft employees to tell them to stop the ice contracted protesters on the Amazon Web Services<\/a> conferences, they had lots of protesters showing up in new york city to protest their work with ice and even google facing employee revolt internally because they have been working with Artificial Intelligence<\/a> and pentagon and project mayhem. Stuart them a fifth column inside those cavities, thats outrageous. The administration moving to limit work permits with immigrants with deportation orders, still coming down on them, come on in tom homan form ice director, the putting pressure on illegals that President Trump<\/a> is still the president but what happens when joe biden takes over . I assure you joe biden will undo everything President Trump<\/a> has done and what he has done with work visas, these are people in here illegally, they had their hearing in front of a judge and the judge said you must leave the country were waiting for the country to send travel documents. We have millions of new u. S. Citizens out of work because of covid in these jobs need to go to americans they are here illegally and need to leave, President Trump<\/a> is doing the right thing protecting American Workers<\/a> in enforcing Immigration Law<\/a> which joe biden seems to want to ignore. Stuart what happens in the sanctuary cities in a century state like california, i see an influx of illegals to those states and cities and we have to pay for them, is that the way things are going to work out . Absolutely, th, the intertot the century city, they can even commit a crime in that city the Law Enforcement<\/a> agency in the city council has policies in place, theyre not allowed to work with ice, you can have somebody entering illegally sitting in county jail and eyes can drop the butane are. Where would i go, i would go to century city, where all be taken care of and the taxpayers will fit the bill just like for your medical care and the entire separation, it is an open borders agenda that joe biden promises he will fulfill which shocks me, he voted for building barriers, when he is Vice President<\/a> , we will remove 409,000, record for the agency but he turned his back, he sold himself off revolt and power in this country is in for a rude awakening starting in january. Stuart im glad you made time for us, we always appreciate it. I hope you will see us again soon. The big board shows again for the doubt of 82 points, we will have more varney after this. Its still warm. Thanks, alice says hi. For some of us, our daily journey is a short one. Save 50 when you pay per mile with allstate. Allstate. Click or call for a quote today. Its time for aerotrainer, with your weight and health . Allstate. A more effective total body fitness solution. announcer aerotrainers ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form. Aerotrainers unique design allows for over 20 exercises for a total body workout. Plus, you can easily transition from one exercise to the next. Want tighter abs and a stronger back to help relieve pain . Do the aerotrainer super crunch. The prestretch works your abs even harder, engaging the entire core. 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Aerotrainers unique design allows for over 20 exercises for a total body workout, all while maintaining safe, correct form. Now its your turn to lose weight, look great, and be healthy. Get off the floor and get on the aerotrainer. Go to aerotrainer. Com, thats aerotrainer. Com. Stuart ladies and gentlemen, this is our favorite story of the day. That is a picture inside of the French Laundry<\/a>, with which is extremely expensive restaurant in california. The gentleman on the left is governor of california, no mask, in a crowd, disowe paying his own rules. Love that. Susan paying 1000 for two. Three star merck lynn. You have to wait months in advance. 1000 without wine. Stuart dont you love to see the elite dining out at 1000 bucks for two, drinking it up, disobeying their own rules. Makes me three up. Dont forget to send your friday feedback. Send comments, videos, email if you like, varneyviewers foxbusiness. Com. Post on the facebook or twitter pages. All kinds of ways to reach us. Just reach us. Give us the good stuff. Time up for me, neil, it is yours. Neil not so fast, stuart, i have video of you at an ihop. Stuart thats good. Neil i didnt want to embarass you on air. But there. Thank you, my friend. Well wary on here the next two hours, corner of wall and broad. Were up 82 points. A lot on promise of 95 plus efficacy rate. Moderna vaccine, what you heard out of pfizer and biontech that is buoying the markets. With reports others might come around the bend. J j among prominent names mentioned. They couldnt really give you a date. But they are on the crowded runway. So all of that is","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia601701.us.archive.org\/13\/items\/FBC_20201118_140000_Varney__Company\/FBC_20201118_140000_Varney__Company.thumbs\/FBC_20201118_140000_Varney__Company_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240716T12:35:10+00:00"}