Transcripts For FBC Cavuto Coast To Coast 20240711

Nowhere the World Health Organization remdesivir, its all right but were not really keen on calling a Silver Bullet with dealing with the coronavirus, that is the kind of thing that can happen out of the blue sobered not pulling the possibilities, were seen things happen in the approval process and the push across more states even though led by republican gogetters to demand constituents residents wear masks no matter where they are. Some states pushing for this indoors, we have all of that going on and how doctors themselves are guiding people. We will talk to a very smart ones over the next two hours on what we have to do as a nation over the next few days and ahead of thanksgiving next week, lets get the read from David Lee Miller on pfizer and biotech in this emergency approval that they want granted to go ahead and pounce on the vaccine that they find to be very promising and addressing, 19 head on. Reporter americans can start receiving a virus vaccine as early december, that according to officials at the company, first in line are going to be those considered high risk, the elderly, healthcare workers, the drug came rick kerr pfizer and biontech for the fda emergency use for that, its not only save but 95 effective, the company says it plans to have 50 million doses available this year and 1. 3 billion next year, the health and Human Services secretary alex azar says hes ready to roll up his sleeve. Im going to ask to take the vaccine as soon as anybody will let me, i want to demonstrate to the broken people my sincere confidence in the independence of the process and the quality of the data. Reporter despite the excitement over pfizer seeking emergency use approval is not the only potential vaccine option, moderna has a vaccine in the works and says it expects fda approval and the company ceo has based on trials in the vaccine has a 94. 5 efficacy in preventing covid and unlike the Pfizer Vaccine, it does not have to be stored at super cold temperatures. Also undergoing trials is astrazeneca, its drug is reportedly in treating seniors, that ceo has depended on hurdles it could be in the arms of the americans who need it as soon as next month. Other drugmakers have potential vaccines that are in the works but it does seem increasingly likely that pfizer that will be the first to have broad distribution, the company has received 1. 95 billion in the contract with the federal government to distribute 100 million doses. Neil thank you very much. But all of this in the backdrop of the spiking cases in this country, around the world but in the this country is leading to shutdowns and restaurants and hours and bars that cant operate past a certain time preach chicago is a thing that comes at the least favorable of moments for industries that are just trying to call their way back to something approaching normal, whatever that is. Mike tobin moore was chicago. Reporter as we see these restrictions clampdown on bars, restaurants and other businesses, they struggle and go under now they are fighting back, a group of what were seen restaurants and gems are grouping together and suing and fighting back in san diego county, they argue that the data does not show that gems and restaurants are significantly contributing to the spread of the virus, they claim the shutdowns are violation of Constitutional Rights in montana and a group of bars and restaurants cited for guidelines had countersued saying among other things they were selectively targeted. A lot of attention to michigan where Gretchen Whitmer has reimposed a lockdown for three weeks that prop to the lawsuit from the michigan restaurant lodging association. An injunction that would allow the bars and restaurants to continue Indoor Service among other points, the suit argues that the restrictions are arbitrary. Nobody wants anybody to die, that is for sure but it slowed way down, we mask up, we sprayed disinfectant, we have not had one case since we opened in september. Reporter with cases setting records in illinois the land of lincoln is moving to tiered three restrictions, they have their own guidelines and labels, tier three means most businesses are closed and if open decrease capacity, even gathering the home are now supposed to be limited according to the state. Neil mike tobin, thank you very much. You heard about the record surgeon cases in the most recent United States 187,833 reported yesterday, continues to trend going on close to two weeks straight where cases are well over 100,000 per day but a more worrisome number that weve been following is the 3 million, that refers to the americans, the number of americans who are contagious with the virus, they are walking spreaders if we were to believe that. The emergency Medicine Specialist joins us right now. Doctor, what are we to make of that, thats quite a few people who could be contagious, many of whom who dont know that they have it. What do you think. Thank you for having me. The numbers are rising but i would like to put this in context, what im seeing in their emergency room is patients are coming in, increased numbers are coming in but the vast majority of people are recovering, theyre not ending up on a ventilator, theyre not ending up in the icu and theyre not dying from this. So the reason im saying this, when we watched the news segment is doomsday and this is horrible and we cant let her guard down but i wanted to put it in context, im cautiously optimistic because this is in our control, if we follow the proper steps, wearing a mask, washing her hands and physically distance, we can overcome this together. Neil im glad you put it in perspective like that, people get sporadic when they hear, yesterday over 2000 deaths in this country, youre quite right as a percentage of all the new cases being reported that might be more testing than anything else. It is a smaller subset of percentage but i am wondering who is succumbing to this, is it the usual target audience that it was early on, older americans, those with other medical conditions, has not been the constant . The latest data ive seen is the mortality rate is somewhere in the ballpark of 3 1000 people in eight out of ten of those, the majority are elderly, they have comorbid conditions, you arent immune from a bad outcome if you are younger from this but again we need to put this into perspective, the mortality is higher than the flu, this is not the flu and we cannot let her guard down but the vast majority may feel miserable but they will recover and knotted up on a ventilator, not end up in icu or dying from this. I think together we can come together and actually overcome this if we all follow these rules. Neil some of the rules that are out there obviously group in smaller numbers, a lot of states have a limit on how many people gather for thanksgiving, the cdc is recommending people not travel for thanksgiving, about 50 million are still planning to do so but what do you think of that, the numbers tend to be ten or fewer at a persons home, what do you think of that . Sure, i will be working on thanksgiving, taking care of Covid Patients but if we look at this and its the one thanksgiving that maybe we dont get together or we have to wear a mask, we do that so we can spend future thanksgivings with our loved ones and have many more thanksgiving the head of us. I think in general we can try to have the best of both worlds where we stay distant, stay masked in if that means eating on separate sides of the room, thats the best of both worlds. There is also what im seeing people are becoming isolated, seeing family and love ones is also important but also important not to get covered. Maybe we can get the best of both worlds. The other thing im seeing is the most common spread is within family members in the same household so one person gets sick during the early days of their illness, a little bit of a scratchy throat, congestion and theyre too cavalier in the early days they dont quarantine to their own bedroom, bathroom and then they spread it in the first few days to the entire household. Keep that in mind, a lot of it is viral load, when youre sick youre shedding a lot more virus that can spread to household members. To keep the simple concepts in mind, we can try to have the best of both worlds and get through this. Neil what is quarantining, i know about the recommendation especially folks who have kids returning from college. How do you separate them at home, in other words, how far did they have to be if they are getting the scratchy throat or the cough or the others that could telegraph a positive case of the virus. What do you recommend . Great question, what i tell my patients if people are asymptomatic, not having any symptoms, they should follow the rules of wearing a mask, distancing, washing hands and youre probably shedding less virus if your carrier then if youre actually having symptoms. If you start having congestion, achiness, sore throat, losing smell or taste you have to assume youre shedding more virus, quarantine at home and what i tell my patients you should have your own bedroom, your own bathroom, ideally food comes to your door, if you do go out to the kitchen to eat how the area very well wipe down, go back to your room and you should isolate yourself until recommended further. Neil got it. Its always good catching up with you and im not at all surprising youre working thanksgiving day, you have from the very beginning, 24 7 keeping on top of this and informing us with good advice what to do and how to handle ourselves. I hope you can have a happy and healthy thanksgiving somewhere. Thank you again. Stay safe, stay healthy, happy thanksgiving everyone. Neil jay walker joined us, you are the beneficiary of the vaccine, it doesnt make the vaccine but his companys executive chairman, he just got approved for 600 million loan in the device, im showing my ignorance. You have got to get the bulk vaccine into your body and the way that you do it, you make syringes and we do it in one step at ultra highspeed on u. S. Soil in South Carolina with no foreign syringes or class files needed with the department of defense funding, the right dose corporation have created emergency filling lines in just seven months and were running sterile water awaiting fda approval for the first vaccines being available and we will be able to do 45 million single dose prefilled syringes every month as part of operation warp speed. Neil could these also address, the Pfizer Vaccine in the cold temperatures, how to handle th that. Our process uses a plastic container which works all the way down to minus 100 degrees, plastic is very good in the co cold, when population wide treatment in april and may is when were expecting the country to have high volumes of vaccine we will be ready to make the prefilled syringes to turn the tide on this pandemic in the 590,000,000. 10 year loan from the Development Finance corporation of the u. S. Government and private capital to be raised by the Financial Group we will build a million squarefoot campus in North Carolina to produce 3 billion doses a year so we can cover the entire u. S. Population with any vaccine every 45 days and help our allies worldwide so the u. S. Will lead the world in vaccine filling capacity fairly soon. Neil this would not be unique to offerings from pfizer, youre talking the moderna, what others are working on right now, you would need a mechanism to get it into peoples bodies. Exactly, the department of defense and the u. S. Government and hhs have said america will not get caught short again, not being able to take full vaccines it quickly and quickly invert conduction, the factory North Carolina will be able to handle 15 drug simultaneously each one in isolated biosafety level two line, the u. S. Will have a capacity unlike any capacity in the world to take any vaccine in prefill syringes at million the day. Neil that is incredible, watching very closely, jay walker, executive chairman, that is very good news, we will see what happens with that, thank you, be safe. In the meantime we told you about the number of vaccines that are coming down the pipe, quite a few in the concerns of that depending on the company but all of this with the backdrop of the pickup and cases. Some states are dealing with that and were relying on the honor system. After this. 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. Experience amazing at your lexus dealer. How did you find greatgrandmas recipe . Were related to them . Were portuguese . I thought we were hungarian . Grandpa, can you tell me the story again . Behind every question is a story waiting to be discovered. Adapting. Innovating. Blsetting 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. Neil its always been a tugofwar, the new vaccines we always seem to get one every other day with the company closer down the pike competing for the honor or will share in the honor with various treatments and remedies for covid19 but you just supposed against series spikes that threatened to slow or shut down parts of the economy just as things are per under percolating. Saying that those will put a minus sign in front of first corner gdp as a result, scott and jim back with us. What do you think about that these disruptions, delays, whatever you want to call it revisiting shutdowns were even limited capacity is going to take a bite out of firstquarter growth of all the numbers are crossed, due by that. If you look at the hard Economic Data it does suggest things are slowing down and then many cases rolling back over, the surveys are still optimistic if you look at what Small Business owners are doing and what theyre saying about business, if you now look at future Capital Expenditure plans, they are starting to tail off. It does look like once again were getting a little bit of a disconnect between the future hope, in this case the vaccine versus the current reality which in this case is round two and three of the covid reanimating itself and be accelerating in the economy. It does look like we will get it but the market looks beyond the First Quarter the market usually looks about six months out so what youre seeing in the stock market is hope for economic recovery, and showing up in the financials in the industrials and economic recovery stocks. Maybe we have a little backandforth and volatility and maybe the market is overbought but the market is telling you that this time the light at the end of the tunnel is not an oncoming train and we do actually have light at the end of the tunnel with the vaccine. Neil what do you think about scott . I think some of the market is thinking with his heart and some is thinking with its head into the point were already starting to make a bet on when we will see demands come through, those thinking with her head if you the below the age of 70 and 98 survival rate if you get the virus, if you get it 98 survival and on top of that to vaccines that have a 9605 efficacy rate, i think thats what the market is saying, to your point, april, may when we have the summer the market is betting on we will have good decent growth because of that. This virus is not as deadly as people thought it was if your under the age of 70 and we have the vaccine. On the other side of the equation its something ive been saying all along the american investor and consumer the psyche has been so beaten up because of words like surge, shatter, all of these things that they turn on and the case count and they are trending higher and they are lower than they were when we are sitting in march and things to look a lot better. Were so scared the psychology is been beaten up thats why you have a tugofwar in those betting with their hearts in their heads. So psychologically, that will solve itself over time and then youve got those thinking with her head, seeing the great demand that we could have with two vaccines at 95 efficacy rate and a 98 survival rate if your under the age of 70. Those things will marry up at some point in time and thats a big bet in the market, when will we get the demand to show up . Neil to your point another metric is the percentage of cases reported that and up in hospitalizations and or deaths, thats the lowest its been through the pandemic even with the spike. Neil im curious about the general economic news, the industry, its been really picking up steam, very good surprisingly, not for everybody but many in the retail sector, walmart, comes to mind, target comes to mind, amazon, a constant. Does that surprise you, the backdrop because if consumers are anxious about some of the things that you been alluding to and scott pointed out, they have a funny way of showing it. They do but listen to the things that you are talking about that theyre spending money on, youre talking about a lot of Consumer Staples and things like that and to be sure some retailers are starting to turn around if you look at the clothing retailers, they are starting to turn around but if you look at bars, restaurants, discretionary items, they are doing as well, its because theyre close down, partially closed down, 50 closed down in the issue isnt whether the consumer is going to continue to spend money, they have shown that they will, the problem is what you going to do with in foreclosure, you do not have resolution on that, congress is going to need to very carefully thread the needle to buy time. If you listen to what restaurateurs are saying theyre saying maybe i have another month. Otherwise i am permanently closed. If you look at the commercial back securities that are based on hotels, man those have shown some real stress. If we dont solve these with the stimulus bill there will be an issue. As you know im not a guy who calls for fiscal stimulus, im saying let the economy go up and down and sell these things on their own but this is very unusual and we probably made some mistakes by closing down the economy too much by being too restrictive because it showing that much of the evidence is showing that did not help in many cases it cause more economic problems and really did not help is that much with the disease. I think the consumer, it feels good right now because they have money but unless we get the stimulus they may not have money anymore. Neil wall street must be hearing you because thats what we will pursuit next. I want to thank you and scott shellady, great to see you and please be safe on thanksgiving. As to his point, we are hearing that Chuck Schumer and Mitch Mcconnell, maybe they are interested in talking about some relief, some stimulus in the lameduck session. What is that about. 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For some of us, our daily journey is a short one. Save 50 when you pay per mile with allstate. Pay less, when you drive less. Youve never been in better hands. Allstate. Click or call for a quote today. We are working on reproducing funds for that treasury secretary mnuchin and mark meadows meeting with republican leader Kevin Mccarthy and senator Mitch Mcconnell, we could talk about those talks if you care to but yes targeted, not 3 trillion, Small Businesses, airlines perhaps, restaurants, just those targets. Neil that was Larry Kudlows way of trying to explain this controversy all move, a little eyebrow raising on part of the treasury secretary to stop programs that were already an effective deal with the virus, he seems to be indicating, i dont want to put words in his mouth that this was shuffling funds around for other purposes. Having said that the backdrop that stimulus to address the virus could happen in lameduck session that Chuck Schumer and Mitch Mcconnell are open too, maybe even talking about, chad with the latest on all of that, where does this stand . It is pretty doubtful that they can get something done, there were conversations at the staff level about appropriation funding the government, they have to do that by the 11th of december and there was chatter about drafting coronavirus provisions on the piece of legislation to fund the government but not a big coronavirus bill, here is House Speaker nancy pelosi. We are asking, weve been sitting at the table for six months plus a week waiting for them to come back, we have to get something done and again, they have been resistant on many of the things that we consider priorities. Pelosi argues that a coronavirus bill is more necessary for a possible vaccine, the secretary of the Treasury Steven Mnuchin is supposed to talk today with a Senate Majority leader Mitch Mcconnell and the House Minority leader Kevin Mccarthy they will consider a narrow bill mnuchin spokes with weeks with pelosi but they never got anywhere, this is looking like itll be a project for next year, they continue to be a part, mcconnell is looking at 500 billion and pelosi would like 3 trillion, the question about all of this, what does joe biden want, nancy pelosi and the democratic leader Chuck Schumer had to wilmington, delaware to talk to them and maybe theres where they get their answer. Neil thank you very much, in the meantime i want to go to the pennsylvania restaurant and lodging association and director, he has had a lot of stuff throwing at him. He is trying to help his members in all of this but just as things were seemingly Getting Better in pennsylvania and a lot of states, they crackdown with more crackdowns and restrictions in earlier restaurant closings and bar closings and the like. It is always good to have you, what is the latest you are dealing with, i know youre trying to fight about update us on what is going on. It is 1230 right now in philadelphia informed half hours Indoor Dining and indoor events are going to be prohibited which is putting everybody in a tizzy, they are fearful of what is happening next, is right before the holidays, more restaurants will go out of business, more employees laid off, the first time around when we had these closures there was support for us in right now there is nothing, there is no lifeline it is heartbreaking. Neil you say theres no Indoor Dining, go back to the height of the pandemic is. It is Outdoor Dining with tables of four of household members only but absolutely no Indoor Dining. Neil it is cold outside house are going to work out. People are doing their best, the industry is resilient the coming up with creative options but the guest confidence just is not there. For people to be expected to sit outside in the winter months is insane. The unintended consequence of all of the mitigation efforts is forcing the social gatherings into unsafe places. The Restaurant Industry has always kept the health and welfare of their employees and their guest at the highest level, we have been doing that since the beginning, we know masks work and we know social distancing works, we know sanitation works, weve been doing contact tracing, weve been doing everything right and now theyre getting rid of the safer alternative and it is heartbreaking here. Neil you raise a very good point, it chases people back to their homes and gatherings from which we seen most of the spikes in cases that are not happening at restaurants or bars ironically, there happening in peoples homes and neighborhoods, this could make that worse. Yes we heard from the cdc director, we heard from her Health Commissioner in philadelphia, pennsylvania saying the outbreaks are caused by small social gatherings, is not being caused in restaurants, its not being caused in hotels and not being caused in catering centers, where we are enforcing every Health Safety measure and weve been doing it since the get go. It is just really troubling. Neil how long is this supposed to last, have you given any word on that . In philadelphia they will reevaluate in six weeks, januare but in this industry we make most of our money in the month of december, that is when the holiday celebrations happen, the office parties, thats when people are going out to celebrate and you know the month of december, get you through january, february, march, the slower months and without any lifeline, cares package for these guys, it is a killer, we will see more and more places close up and more and more people out of work. Neil i hope you are wrong but i fear you are right. Hang in there, your colleagues could not ask for a better leader to help them through this and advocate their position, i hope you have a good thanksgiving nevertheless the pennsylvania restaurant and lodging association director, he has to do the six weeks, all of that time, the busiest time of the year denied, no business, no opportunity, no nothing. We will have more after this. Trelegy for copd. 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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. Neil time to get into politics, one of my favorite guest on the show whether you agree or disagree, she calls them, sees them and takes no prisoners, i better do my homework before i talk with her, political strategist, former Bernie Sanders campaign staffer, happy thanksgiving, great to see you. Nice to see you, thank you for the intro, that was nice. Neil i meant to, youre a good sport, you condition out and take it at the same time which is a rare quality, i want to talk about Bernie Sanders, he seems to be itching for a but he does not give it to them. Im glad you asked that question, he can inch in itching itch and im itching, i cant wait to hold this Administration Accountable for the 90 of black boats that voted to put joe biden in office, the bottom line, people like me have been accused when its always been about helping my community in the black community in particular and now that trump is out of office, we have the full opportunity to hold this Administration Accountable so it Bernie Sanders wants to be the secretary, guess what, Bernie Sanders has to brush up on his wealth and racial gap the spirit he issues, thats been a struggle for him on his campaign and Bernie Sanders seems to think as long as everyone makes the same dollar the all is well and is simply not true in addition to that Bernie Sanders that everybody does not want to make 50 an hour, bottomline representative was on the Breakfast Club this morning and he said black people can absolutely hold representative richardson accountable if black people dont get something out of this administration. I will be writing him like a democrat donkey and im loose as a goose with his commentary for the next four years making sure that we get what we earned on this administration. Again im sure progressives are excited about Bernie Sanders getting something because clearly he gave away the Progressive Movement for what appeared to be nothing but as far as im concerned, its not about Bernie Sanders, it is about the black vote for this administration for joe biden. Neil you will be a very influential player and to get the process going. Our progressives owed anything in your eyes in this administration . Sure, when you look at the progressives that voted and held their nose and voted for joe biden, clearly there was progressives that i believe set out and i dont believe that they necessarily voted for President Trump but i believe a lot of them sent home but we cant say over 70 Million People that some of those folks were not progressives, of course they deserve something but at the end of the day go back to bernard sanders, did he cut a deal, did he negotiate anything with progressives, thats a leader allegedly of the Progressive Movement, when it comes down to it, joe biden is a moderate and he owes his base, thats how politics work, i know its confusing for folks they like to say the president represents everybody but it ended the day politicians have always and always will cater to their base or they should work their way for black people but i will leave that alone, the point is they should always cater to their base in joe biden has a moderate centerleft base but progressives are included in it doesnt matter if joe biden gives them something or not progressives will give them hell the next four years for sure. Neil it normally ends up that way but when it comes to an election, im just curious given the fact that nancy pelosi held onto Democratic House but ever some barely but a lot of people think she and democrats could be in big trouble, do you see that happening, it typically is a problematic time and concern for president but what do you think . There is no by guys to be bygones. It is to everybody, clearly one thing about the Democratic Party or the left side, there are different views and republican scene to push the same line altogether moving forward but on the democrat side you progressives, folks were pushing back agenda, lgbt, the hispanic vote, it will be a lot of healthy debate, healthy discussion to see who pushes the line the hardest, the bottom line, the squeaky oil gets the wheel, if democrats dont get it together they will lose in 2024. Neil i knew that was a stupid question. [laughter] neil i fell for it. Neil this georgia race, the race that could come down, democrats need to win both to get senate control, you know joe biden pretty well as well and ive always been in the view that his heart of hearts, with the many fights with the progressives and all, he might want the senate to stay in republican hands, what do you think . All take this further than joe biden, politicians like to have excuses on why they cant get anything, thats why im pushing and this is not a pro democrat message because i been pushing all week for people to put democrats in power in the senate, lets see if democrats, if they run the senate and house of representatives will they be like republicans and pushed just as hard as republicans for their party, thats what i want to see and remove the excuses so we can say thanks as it is. I promote the democrats taking over the senate because for training purposes for fund fun,s see if they have the guts and the fortitude to push forward the policy or use an excuse and say mitch would not let me do it, i encouraged georgia to put democrats in office and republicans can sit back and take notes and if they dont do well, no worries we will call it out and you can run again in 2024 and we will see how it works out. Neil the last time the democrats had a complete run at the table was in 2009 after barack obama came in with the house and the senate in the two years they did get a lot of stuff, republicans would argue if that was constructive. They also lost it too, they took the high role, they did not do like the republicans did, they lost in 2012. Thats what i went for being a democrat to a registered independent because i was so disappointed in the fact that they did not push the line there is no more taking the high role, trump speaks out for everybody going forward, youre with us or youre not, pick a side or step aside, thats how were moving forward with politics and im looking forward to reporting on fox news live. I love being with you neil. Neil same here, you dont answer it, thats a conventional democrat, it is not, you make people think, im glad for that. I hope you have a safe thanksgiving, no more than ten people young lady and im going to be going to your house to check that. Absolutely to you and your family as well. Thank you tezlyn figaro. Charlie gasparino, there is a guy if you wanted to check if he is going out ten people or more, you really do not want to knock on the door, all this leave it at that. Answer after this. Businesses today are looking to tomorrow. Adapting. Innovating. Setting the course. 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Im going to my brotherinlaws house for thanksgiving dinner and i believe we will be under ten people, i dont expect Governor Cuomo to come in with the fbi and the cia and 101st airborne to raid my brotherinlaws house. Neil that will be me in a couple of buddies, we might want to check that out. I hope you have a great time. What is going on on this front . Heres the interesting thing, there is good reason to say hopes brings eternal, not another stimulus package will happen, we are getting the wall street people who are talking with people in the Trump Administration and the reason why this is still going on is because there is a growing belief inside the Trump Administration that they need something positive from the white house for the Georgia Senate race runoff and they would like to have those two senators loeffler and david perdue say we cast something here, cover the router and so there is talk about doing ppe and trying to get it done sooner rather than later, possibly december, it would be small, 150 billion, that is the number weve been hearing from our sources and be targeted to Small Businesses and it would be targeted to other specific areas but this is something that the republicans believe that they should do and they should do it because they need to shore up their chances in the Georgia Senate race, we should point out both of the runoffs have republicans, if you like pulling nominally ahead, not by much, at least as of now it has been certified to go to joe biden but still there is a lot of ticket splitting and just to shore up that vote, republicans in the white house are telling wall street sources they think about doing the skinny bill and for Small Businesses to do it sooner rather than later. Back to you. Neil Charlie Gasparino on that, in the middle of all of this, the stimulus, the possibility of a Government Shutdown in december, it could happen. We will explain after this. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 is 300 for 339 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. Neil you know when you think of vaccines theyre not a slamdunk until the fda writes off on them. At least in this country. Thats the stage right now that pfizer and biontech are at on their vaccine. The fda is looking at it and knowing whether its worth the time. I only positiv that as a remind because out of the blue, the World Health Organization took a dim view of Gilead Sciences remdesivir saying we dont find it to be that therapeutic in helping vulnerable patients, you know, fight covid19. Thats not an fda slam. Its just their way of saying the efficacy you talk about, we just dont see. So its never, you know, a gimme. This is the critical stage here for the fda to write off on all of that. Having said that, both companies have dotted the is, crossed the ts, done everything they can including producing a huge group of those who participated in trials that numbered tens of thousands. We will see how that goes. Blake burman following the drama right now in washington. Where do things stand now, whats next . Reporter yeah. Its certainly a process that needs to be played out but i think we can say there is just one last final hurdle to remain as pfizer has officially applied for the eua, emergency use authorization, that now puts it in the hands of the fda which means potentially there could be a covid19 vaccine headed to the marketplace in the upcoming weeks. The health and Human Services secretary alex azar sort of laid out how the next few weeks potentially could play out. Listen here. Assuming the datas as clean as it appears and assuming there arent any other hitches in the process, we could literally be looking at authorization of this vaccine within weeks and as the Defense Department and operation warp speed has said, we will have shipments within 24 hours of millions of doses of this vaccine out to the american people. Reporter what about the money . Well, the cares act gave 150 million to states for covid health processes. Operation warp speed has added 200 million since then and another 150 million is coming next month. However, state Health Departments have said they need some 8. 4 billion and this is what they wrote in a letter to the big four congressional leaders. Quote, these funds are urgently needed to expand and strengthen federal, state, local territorial and tribal capacity for a timely comprehensive and equitable Vaccine Distribution campaign. This morning, we heard from the House Speaker nancy pelosi and she said the upcoming vaccine or vaccines potentially is even more reason why there needs to be an extension of the cares act. We should be having the resources to make sure that the vaccine is distributed immediately, equitably, so that everyone has access to it. Reporter heres what an official from operation warp speed said to fox business earlier this morning. Quote, the federal government has already covered the major costs, speaking of a vaccine. They go on to say states will be playing the role of air traffic control, telling us where to ship the doses to. But neil, we even heard from the cdc director, dr. Robert redfield, a couple months ago saying he believes theres going they will need some 5. 5 billion to 6 billion to head to the states. Bottom line here is operation warp speed says there is not going to be a cost to the average american or to any american, really, to get the vaccine, but you also have the Health Officials saying we need money for the states to carry a lot of this out. Neil . Neil lot of hands will be up for that. Blake burman, thank you very much. Blake burman following all of that. There is a wrinkle with this Pfizer Biontech drug as there is to a lesser degree with moderna, should that come to pass and it too passes fda muster. Conditions have to be very cold for it to be effective. Therein lies the rub and the demand for, well, stuff to keep the medicines cold. Edward lawrence in ashville, North Carolina with some ideas that might be pursued. What have you got there, buddy . Reporter yeah, im in one of the factories here for thermofisher scientific, an official business that makes the cold storage devices. This area we are in, they are actually building the inside of one of those freezer units, adding the coils to the inside. That will eventually go into an outer box for that. This bigger unit they have here can hold hundreds of thousands of doses of vaccine inside. There are smaller units for every stage of the distribution process. This company knew back in april there would be a Global Demand for these Storage Units when the vaccine maker came to them asking for specific cold storage temperatures. Right now, the factory is at record capacity making these units. The Vice President and general manager of this division says they stockpiled Raw Materials and hired more people than they ever have to meet demand. It was a bold move for our organization, but its the dna of our company, through the collaboration, we had the confidence, we understood what the requirements were going to be, and we ramped knowing that we needed to meet those requirements to meet the needs of our customers and enable the world to be healthier, cleaner and safer which is our mission. Reporter the other interesting thing, there are 700 employees in this factory, a record. They actually have not had an outbreak of the coronavirus in this factory. They had a few people who had it outside the factory but the procedures they have in place, they have not had to shut down during the shutdown period because they had no issues with the coronavirus. One quick thing. The temperature in the freezer is uniform at whatever it needs to be, negative 94 degrees for the pfizer vaccination, through the entire unit that they have here. I asked them about getting one at my house. I got the cold shoulder. Back to you. Neil well, maybe next time. Theres probably a home depot down the road there. Thank you, edward, very very much. Edward lawrence following all of that. Negative 94 degrees. Thats pretty cold. All right. Dr. Nina radcliffe with us, Board Certified anesthesiologist. Good to have you back. Are you hopeful for these vaccines . Im very hopeful. This is a game changer. When you reflect back a year ago, we had our first confirmed case in china and look at us now. Theres two companies that have possibly a greater than 90 efficacy against this virus. This is a breathtaking feat. Not Just Innovation and technology, but also collaboration and public investment. Im very hopeful. Neil you know what i think about, i was not aware the degree to which there are special considerations for pfizers vaccine, very cold temperatures, minus 94 degrees. Modernas maybe not as cold. I dont know the details there but it has to be cold. How do you handle that on a large basis where youve got to get millions of such doses out to the world . Its not just the development of vaccines, its also the manufacture and distribution. Pfizer has already launched the Pilot Program thats thinking several steps ahead. We dont have time to waste, we are developing it, not thinking about distribution. We are taking several steps ahead. There are ways to do this and initially by the end of this year, we think we can have 25 Million People vaccinated with this. Then in 2021, they think another 1. 3 billion doses will be available. Neil let me switch gears, if you dont mind, about a lot of concerns, the cdc has strongly recommended, it cant order, but strongly recommended people not travel for the thanksgiving holiday. We are told that about 50 million americans are going to do just that. They similarly said, a number of governors have said in their states, keep your family gatherings to 10 or fewer people. Some have different numbers. What do you think of all of that . Are we risking celebrating thanksgiving with family members . We are social beings. This is a great time to be near giving thanks. These are american traditions. Very difficult to tell people dont do what you normally do. We have been telling this to them since march, since april. Stop what youre doing, change your life, continue doing this. But we do know that covid19 is highly contagious. We know its invisible. It can pass from person to person even if you dont have symptoms. I ask that people take smart steps. You want to wear your mask, you want to stay physically distant from people. We have to also look at the risk. I have taken day one steps to stay away from my parents. I wear a mask around them in the same household. We have to take these steps because for them, they are older and that could be a death sentence for them. We have to take the proper precautions. We dont want to be that person that gets our family members sick and have them be attached the a breathing machine or die. We want to be smart. Neil you know, dumb question i wanted to ask you. I always save these for when you come because you can actually answer them. I get different reads on if you have someone who might have been around someone who had the virus, they should quarantine or be at a distance in the house with you. To what degree . What is acceptable as far as quarantining might be too strong a term, but to be separate from the rest of the household . Where should they be . What should they be doing . Well, we know that coronavirus can last in the air for up to three hours, especially indoors. So indoors is always a concern. Like i said, in my household, i stay at least six feet away from my parents. I wear a face mask when im around them even within six feet. And we take hand hygiene, we wipe down things constantly. I take all these proper precautions because i understand if i were to get them sick or if i were sick and taking it to my patients, this could be death sentences for people. I take all these precautions. So i recommend that people take the most stringent precautions. Again, we want to put a halt in the spread of this illness. Neil well said. Doctor, thank you. There might be separate rules for inlaws but thats on our next visit. Thank you. Hope youre safe and healthy and well for the big holiday. You know, all of this is coming at a time as the doctor pointed out where people are taking precautions here and urging residents in their states or cities to do the same. Very few are going as far as california is, though, shutting down a lot of restaurants and bars, curfews that end that begin at 10 00 p. M. , cant go outside again until 5 00 a. M. The manager of the largest mall on the west coast joins us. Billy, very good to have you. How are you preparing for all of this when the message is go slow, limit operating hours, dont get too many people . Thank you so much for having me. I really appreciate it. All the properties we manage, this property in san jose has been impacted the most. Its one of our most unique properties. We have 60 tenants, 100,000 square feet. Right now, a lot of people are feeling like they just got prepared from the first lockdown with social distancing and everybody wearing the face mask. A lot of them are really scared to see we have a second lockdown. Some of these guys have been here for 40 years. They are really not sure how they will be able to make it through the second lockdown. Its a tragedy. Neil is it a total lockdown . Could you explain how it works here . So we are in the purple tier which means we arent allowed to have Indoor Seating again. They were able to have 25 before so they were able to have some customers but not at all full capacity. Now with the purple tier, thats going to be lasting until i believe december 21st, about six weeks. They are not going to be able to have Indoor Seating. We tried our best with outdoor seating with heat lamps. A lot of people want to eat inside and thats not going to be able to be the case. We are urging people to help support local by doing their best to do takeout, delivery and just help these businesses because if you want to see these businesses around after coronavirus, you got to help support local. Gift cards help and everything we can do to help, its a trickledown effect. Neil absolutely. You know whats so weird about that, too, if it goes through the 21st, you have lost the entire christmas season. Thats probably for a lot of your members and the represented stores, thats the whole enchilada there. Theres a lot of culture here. We have a lot of Asian American businesses. The big thing is the chinese new year. They bring out about 10,000 people. Thats where a lot of them are able to generate revenue. We should be promoting this event and doing our best to bring in as many people out there as we can, but a lot of people are in the dark. We as a Management Company try to provide as much resources as possible to add value to our tenants but right now, everybody is in the dark about everything thats going on. Neil have you had a chance to weigh in, its embarrassing with the governor and he apologized to be caught in situations, that fancy restaurant and all, ignoring the very rules he has enforced, is there bitterness among some of your store owners and maybe yourself . You know, i think a lot of people are really glad the governor has taken this so seriously, by making these new lockdowns, but its the whole rules for thee and not for me. I think a lot of people are really irked they see the governor going out, not practicing social distance, going out to dinner and hosting dinners and not wearing a face mask. What i would like to do is i would like to invite the governor to lion plaza for a socially distant event, party, dinner party, where he can talk to some of our tenants that are being impacted by this lockdown. Like i said, they have been here for 40 years so the thought of them losing their business here, they came here to america to build their business and its all about the american dream. This new lockdown is going to really shutter these businesses and the idea of the american dream. So i would like to officially invite Governor Newsom to lion plaza so he can hear the stories about these tenants here that are being impacted by the lockdown. Neil i bet among the restaurants, not a one of them at 350 a plate. We will see what happens. Billy, hang in there. Your members as well. This too i hope shall pass. Lion plaza west coast regional manager. When they say big, they mean big. They mean everywhere. Incredible. We have a lot more coming up, including news that joe biden has already got a treasury secretary in mind. We dont know who it is. We know who it is not. It is not going to be Charlie Gasparino. Must be other possibilities. Right 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. Your journey requires greeliberty mutual. They customize your Car Insurance so you only pay for what you need. Liberty power wow. That will save me lots of money. Youre insured this games boring. Lets get tacos. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Neil all right. This was a foregone conclusion. It had been well telegraphed after the votes were counted and they went through the whole recount, hand count process, but we are learning now that the secretary of state of georgia has indeed certified the results of his president ial election race. In that state for the first time in 28 years, a democrat has won it. Joe biden, with about 13,000 votes. You might recall the republican secretary of state was getting a whole lot of pressure from the president of the United States that he was going slow and poorly handling the count in georgia and was ignoring charges of fraud and bribery and all that sort of thing or rigging, i should say, and the two Republican Senate candidates were among those saying he should resign. By the way, he will be with me on my saturday show tomorrow on fox news to talk about this whole process and where the whole trump arguing the election outcome stands. Again, georgia secretary of state with me tomorrow on fox news. In the meantime, lets go to Hillary Vaughn with what the president elect is doing these days as he gets ready, already forming his staff and now kicking around a couple of cabinet possibilities, including treasury secretary. Hillary vaughn on all of that. Hey, hillary. Reporter hey, neil. Well, on his schedule today, president elect joe biden will be meeting with House Speaker nancy pelosi and Senate Minority leader Chuck Schumer in person here in wilmington today, and we are learning that part of this meeting, part of the discussion is going to revolve around how to get something done in a lame duck session as it relates to a covid stimulus package. Thats something that president elect biden says he does not Want Congress to wait for him to be in the white house to get done. Later today, senator schumer and i will be visiting president elect biden and Vice President elect harris. We are discussing the lame duck session, the urgency of crushing the virus and easing the pain of this economic crisis. Reporter biden has made up his mind on who will be his treasury secretary and says its someone who can please progressives without making moderates mad. Biden will go public with his pick around thanksgiving. And it has a chance to make history. The post of treasury secretary has only been held by white men in its 231year history and a look at bidens short list, its stacked with candidates that would make history if appointed. Former Federal Reserve vice chair roger ferguson, who would be the first black man in the role, and three others who could be the first woman in the role. Federal reserve governor Lael Brainard and former Federal Reserve chair janet yellen and senator Elizabeth Warren who was progressives top pick but picking her would mean democrats would give up another seat in the senate. So senator Bernie Sanders is assuring the biden team his republican governor would fill his seat with someone who would caucus with the democrats and is warning them not to pass over progressives when filling out their cabinet, telling the a. P. This. Quote, it would be, for example, enormo enormously insulting if biden put together a team of rivals which might include republicans and conservative democrats, but which ignored the progressive community. Senator Bernie Sanders has been very up front and open that he wants the gig as labor secretary, but yesterday when biden was asked by fox news peter doocy if there was a place for sanders in his cabinet, he heard the question but refused to answer. Neil . Neil interesting. Hillary vaughn. Wonder to her point why a republican governor would entertain appointing a democrat to replace Bernie Sanders if he got picked to be labor secretary, or the republican governor in massachusetts would pick a democrat to replace Elizabeth Warren. Again, maybe they have an understanding that i missed. I want to go to gop strategist and former d. C. Democratic Party Chairman on this. Noelle, as of this moment even with the georgia count certified and official, joe biden did indeed win, the president s legal fight goes on. Now more and more republicans, i dont want to say more and more because that implies a lot, but more than two, have been saying all right, this is getting a little crazy. Do you think its getting a little crazy . Do you think he has to recognize the obvious and say its not going to change the overall outcome, so move on . Well, absolutely. I can report to you from the donor class and what some of the major bundlers and donors are saying. They are saying that President Trump has been one of the greatest policy makers of all time. They like him but lets face it, we need to put the entire focus on georgia and a lot of them have been kind of a little irritated, i might say, neil, by being asked to contribute to the help the legal fund compared to, you know, going all out and helping with the georgia runoff which i think is one of the most important things. Election fraud is very serious and i think that Election Fraud needs to be addressed and im not ignoring that, nor am i trying to make that a nonissue. I think its very important and he has a right to pursue and keep pursuing, you know, our democracy, our voter integrity, but a lot of people are saying hes not going to get out or whatever hes going to do, i think that thats a distraction. However, gasparino said if we can get this, you know, theres talk of getting a stimulus through in december. I do think that that may push it over the edge for georgia and i think thats going to help the gop ticket for georgia. Its very important. Neil just on the election protest thing, youre talking about, you know, you have hundreds of affidavits signed by people who swore to god and the law they broke it, that all of this malfeasance was happening, then you need to show these documents, you need to prove it. Short of that, that doesnt appear to be happening. Scott, i have heard the read on all of this from democrats is that the president s fight on the election will help the Democratic Candidates vying for these two senate spots in that it shows they are jumping ugly on the republican secretary of state, the two candidates are, and that is actually helping their cause in these races. Do you agree with that . Well, i do, and i agree with my republican colleague on your program that weve got donald trump fatigue. We need to focus on georgia. The democrats certainly are focused on georgia. But it certainly does help because donald trump and trumpism is what this election has been all about, and now its like its carrying over and its going to be trumpism versus the democrats, because allegedly, well, hes fighting but he wont leave the white house or even participate in the peaceful transition of power, at least as of right now. I think that does help the democrats. But its all about georgia. Ironically, i think the republicans who are standing with the president and him not conceding have georgia in mind. That is that there are a lot of trump voters in georgia and that if he could see neil galvanizing. The political impact on the outcome of georgia but again, this election for the president and georgia have been about two very very energized, overperforming political parties. Great for democracy, great for the election and great for the constitution and the voting public. Neil yeah. Back to this, youre quite right, by all means, count the votes, make sure you are, but with every single announcement or press conference or Campaign Spokesman who has come before a microphone to explain this, they talk about massive fraud and involvement of the venezuelans. I mean, crazy stuff that if you have proof, by all means share it, but they dont. They dont share that proof. Then you have the president who fires his cybersecurity election chief, christopher krebs, who had the audacity to say it looked like the numbers were on the upandup, obviously to go after the georgia secretary of state, to go after mitt romney for saying this is very undemocratic, the way this is going about. He cant be i know you are republican and help raise money for republicans, but this, i cannot imagine, is helping either the president s cause or those in the state of georgia trying to get elected to the senate. Neil, its not. You put the nail right on the head. Its not helping. Its a distraction. But you know, its kind of a catch22, because i cant say that democracy and voter fraud is not important. It is. But right now, it is important that we get all efforts, boots on the ground and make sure that we get these senate seats in georgia, and protect the republican platform by holding up the senate. That is the main cause. So its tough. Its almost like being on the hot seat by trying to answer this is not important but this is. It is important, but weve got to not take our eye off the ball and focus on georgia, and all the press conferences coming out with, you know, an hour and 45 minutes talking about, you know, ties into Foreign Countries and all this kind of stuff, thats great, but lets make them shorter and lets get to the point. Lets show indeed where [ speaking simultaneously ] neil it would be the biggest story in decades if its true and who would want to avoid covering a story like that. If its true, my gosh, it would be one of the biggest events in decades. Scott, i wanted to pick your brain, if you dont mind indulging me on this side note here. Bernie sanders is interested in becoming labor secretary and this understanding he has i guess with the republican governor there that the governor would appoint a candidate who would caucus with the democrats. If the governors republican, theres no way that could be true, could it . Well, maybe. Maybe. Maybe youre right and maybe in the sense, forgive me, im a lawyer. You know that. But its a progressive state and Bernie Sanders has been elected several times. Political deals happen all the time. The broader issue is whether the biden administration, who has to answer to all whims of his party and to the voters, whether theres a place in his administration for Bernie Sanders. The progressives certainly think so. Bidens got to figure out where best to place him, because every appointment, hes got a lot of them to make, so everybody is going to be happy with some appointments and everybody is going to be sad with some appointments because it took a Great Coalition to put him in office. So we just have to watch and see. It will give a lot of conservatives and moderates heartbroke for Bernie Sanders to be labor secretary but if he fills out his cabinet with a potpourri, if you will, of various interests including racial interests, political interests, progressives, moderates, you name it, even some republicans, i think hes trying to send a message of not only balance but reaching out across the aisle. That alone is neil youre right. You cannot please everybody. Scott, noelle, thank you guys. Have a safe and enjoyable thanksgiving. Remember, 10 or fewer people. Im checking on you guys. 10 or fewer. All right. In the meantime, macys ceo is practically begging states right now do not close down any macys stores when youre in the midst of closing things down. We might not survive if you do. After this. Im a peer educator,. A fitness buff,. And a champion for my own health. I talked with my doctor. And switched to. Fewer medicines with. Dovato. Prescription dovato is for some adults who are starting hiv1 treatment or replacing their current hiv1 regimen. With. Just 2 medicines. In 1 pill, dovato is as effective as a 3drug regimen to help you reach and stay undetectable. Research shows people who take hiv treatment as prescribed. And get to and stay undetectable. Can no longer transmit hiv through sex. Dont take dovato if youre allergic to any of its ingredients. Or if you take dofetilide. Hepatitis b can become harder to treat while taking dovato. Do not stop dovato without talking to your doctor,. As your hepatitis b may worsen or become lifethreatening. Serious or lifethreatening side effects can occur, including allergic reactions,. Lactic acid build up, and liver problems. If you have a rash and other symptoms of an allergic reaction,. Stop taking dovato and get medical help right away. Tell your doctor if you have kidney or liver problems, including hepatitis b or c,. Or if you are, may be, or plan to be pregnant. Your doctor may prescribe a different medicine. Than dovato if you plan to be pregnant or if pregnancy is confirmed during the first trimester. Dovato may harm your unborn baby. Use effective Birth Control while taking dovato. Most common side effects are headache, nausea, diarrhea, trouble sleeping,. Tiredness, and anxiety. So much goes into who i am. Hiv medicine is one part of it. Ask your doctor about dovatoi did. Neil dont even think about it. Its one thing to say Small Businesses, restaurants and the like concerned that governors are going to shut down their operations, the head of macys is saying do that to us and well, it could be devastating and for a lot of the jobs that are at stake. That was the cue from the macys ceo saying hold off on that kind of thing, especially this season. Jared levy with us right now, the delancy strategies chief strategist. Normally theres an effort to try to protect the big guns because they have a lot of big jo jobs, yet you could make just as valid an argument for the install gusmall guys not to be caught up in this here. Macys is in a particularly iffy position, isnt it . Yeah. So macys same store sales are down 20 year over year and its not a big guy small guy thing. A shutdown, a lockdown, it increases the balance between those able to leverage their ecommerce platforms, those who have a foot in the door like amazon, target, best buy, those have already established their ecommerce profile, are already dominating that space, versus a legacy operator like macys, who really is struggling here to obviously get that foothold, to break into that segment, to shift away from the brick and mortar exposure. It is kind of unfair. Macys does have a voice. I do hope that, you know, law makers and those in power hear it. I think with the vaccine as close as it is, we should have a filing by pfizer and their partner today and hopefully we should see some vaccines by december, that should be impetus to keep things going. Lets not deal a death blow to american workers, im going to say for safety because we all know how to be safe. If youre sick, if youre at risk, stay home. Thats the best advice. But yeah, macys is in trouble here, as are a lot of their peers. Neil but not all their peers. Target and walmart, im not saying they are bulletproof, but they seem to survive very nicely. Some of the numbers coming out of target, like wow, people. Im wondering what message is there for these guys, of course amazon always does well, but how do you play the haves and havenots here . You dont. The reality is the macys of the world, a lot of those like i said legacy retailers, should they fail because they are meant to fail or listen, they wanted to keep their stores or wanted to keep the malls and their stores open for those of us who want to go shopping but they werent able to leverage that online platform. So from an investment perspective, i think it would be foolish to go and bet on the traditional retailers. I hate to say that. You saw it with penneys, everybody is saying theyre making a comeback. The comeback kid is a really hard case for this current marketplace. Not only do we have an economy thats teetering and some potential lockdowns, shutdowns that are abnormal but you have this massive wave of social change thats happening and its going to be here beyond the pandemic, and thats ecommerce, thats convenience, thats sitting here at our computer clicking a button and getting whatever we want, whenever we want. Thats not the macys model yet. Its unfortunate. Neil yeah. Its going to be a big question for them. Jared, thank you, my friend, very much. Good catching up with you. When we come back, there are a couple retailers, jared pointed out, that are bucking the trend but all of housing is bucking the trend. All of it. Its on fire. So this notion that people once stuck in their homes would do little else, apparently they are buying other homes. After this. 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. 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A licensed humana sales agent will walk you through your options, answer any questions you have and help you enroll over the phone. Plans with a zero dollar monthly plan premium are available in many areas. Call now and well also send this free guide. Humana, a more human way to healthcare. Businesses today are looking to tomorrow. Adapting. Innovating. Setting 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. Neil all right. Well, cities might be losing people, but suburban areas, theyre hot. Very, very hot. In fact, the housing industry outside of major cities, the hottest its been in decades, and the numbers prove it. The latest from Grady Trimble in illinois on just how popular. Reporter hey, neil. Yeah, i live in the city and spending a day in the suburbs, i get the appeal. A lot of people get the appeal. We talk about sales a lot but rent is going up in the suburbs as well. Look at the average rent price, going up 3. 8 for a Single Family home across the country. Compare that to rent in major cities like san francisco, new york and chicago, dropping more than 20 . American homes for rent says they have seen huge demand in the suburbs. Innovation homes says they have seen the same thing. In fact, all of their homes in the chicago suburbs are occupied right now. Normally, when we talk about the big city exodus, people leaving big cities, we talk about it in the context of home sales and its true, average home prices are up about 12 year over year because people are snatching up homes in the suburbs, but they are also renting them as well. Innovation homes actually recently did a survey with the people who are renting their houses and they found that about a third of those renting say they are doing it for more space as you hear a lot with people moving to the suburbs. Even more than that, 37 said the pandemic was a major catalyst as to why they did it. Were in front of a home here in plainfield thats about four bedrooms, three and a half baths. Rent is about 2500 a month. One of the reasons that renters find this so appealing is because they dont have the commitment of a 30year mortgage, especially if they are moving from a city, they can make the decision after a year or so if they like it or well see, maybe people will head back to the cities. Neil grady, thank you very much. Grady trimble on all of that. Through pandemics, you probably parents out there are helping your kids with homework but you assume probably its the teacher grading the homework. Not always. Kurt knuttson, the cyberguy, on all of that. Whats going on here . Its the Technology Used all around the country right now, especially for parents with kids at Home Learning where the schools are closed. Teachers have been given great tools, this ability to use auto grading and to manage their lessons online. Thats been a blessing. What we are finding out is that parents are also opening up report cards come this fall and they see their childs grade scores are lower than what they are used to. Why . Apparently some glitches are going on with this auto grading software out there and some systems are not necessarily to blame, but mainly its the teacher. Look at this example. For example, if you answered this vascular plants but didnt do the capitalization right, it will mark it wrong and down goes your test grade score. Another example being used is a question about magnets. What happens when magnets come in contact with other magnets. Well, they pull together or they repel. Well, the correct answer was they attract or repel each other. The deal is its a learning thing thats going on with teachers because so many different answers could be correct, right . But the fact is teachers arent yet used to all this so its a catchup game at this moment to catch up with this learning software out there to help with the grading. So teachers need to put in a whole bunch of different correct answers in various different forms so that they dont end up with the inevitable which is about 50 parents and students calling or emailing or communicating to say what the heck happened here, this is not the right response. So what was meant to help the system is just having a little glitch, but i think we are going to get some oil in the machine. Its just a matter of teachers getting used to it and also parents need to keep an eye on whats going on with their childrens work right now because that schoolwork will see some glitches. Neil yeah. I can understand if it were multiple choice and all but the technology is actually then interpreting the answers that the kids are giving and thats a leap i dont know that i want to trust bonus Online Learning platform uses that multiple choice stuff for schools, about 170 School Districts k through 12 are there, then the other one is called canvas out of a utahbased company that really has got a tremendous amount of growth. Up to 6. 5 million subscribers as of september, from two million in april. Neil wow. Great having you, my friend. We should do this more often. Kurt knuttson, the cyberguy. Knows this stuff inside and out. We all ask him dumb questions like how do i turn my phone on. Gym owners, forget about restaurants, gym owners, they are feeling right now that they are a target, too. They are not letting it go lightly into the night. After this. Businesses today are looking to tomorrow. Adapting. Innovating. Setting the course. 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Work your lower body with the aerosquat. The aerotrainer is tested to support over 500 pounds. It inflates and deflates in less than 30 seconds using the electric pump. Head to aerotrainer. Com now. 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. Neil a Record Number of states certainly since the pandemic was at its height back in march and april are reimposing restrictions, lockdowns, curfews, that sort of thing. It is nationwide, about 26 states are among those participating in what are severe drawbacks from what they had been enjoying. The mayor of kentucky, somerset, kentucky joins us right now. Mayor, thank you for taking the time. What restrictions are in place . You are a republican, the governor of course is democrat, hes imposing pretty sweeping restrictions. You are fighting back on that. Can you tell me where things stand in your town, sir . Yeah. Thanks for having me back on, neil. We talked some five months ago and so much has changed, but here we are talking about some of the very same things. There had been new restrictions put in place, most notably our restaurants and bars are shut down for inperson dining and theres also new restrictions on our gyms and unfortunately, our schools have also been shut down again. You know, we do need to take some action. The shutdown in the schools is one that i take particular exception to. I dont think that thats whats best for our kids across kentucky and in particular, in my hometown of somerset. Neil so what are they advocating . You say shutdown, no personal classes, everything is virtual . Yes, sir. They are virtual learning, middle school and high school have been announced through january 4th. Elementary school has to also be virtual unless the county goes from red back into yellow or orange. Right now, all students in somerset are virtual. Neil so these various color zones, red zone being the most worrisome, who decides that . Is it just based on spikes in cases, how many positive cases youre getting . How is that drawn up . Well, thats another issue at hand is were making these decisions that affect families, affect folks that might not have the opportunity to go to work now because their kids arent in school based on what many of us believe are arbitrary numbers. For us its 25 cases per 100,000 people turns you into the red, but you know, what makes that the magic number and who got to decide that, and i think thats problematic. But again, in my community, we have only had eight cases throughout the City School District since we have gone back to inperson learning and im so proud of the administrators and the teachers, the kids at school, that my kids go to, they are doing an amazing job and they are still being shut down. Neil just amazing. I hope we settle this and get safe and all that but man, its everywhere. Somerset, kentucky. Thank you, sir, very very much. Fda is now weighing the request of pfizer to write off on its vaccine. It would be the first one for covid19 approved by Health Officials. More after this. vo im a verizon engineer and today, were turning on 5g across the country. With the coverage of 5g nationwide. And, in more and more cities, the unprecedented performance of ultra wideband. The fastest 5g in the world. 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. 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 neil all right. Lets take one last peek at the dow before i hand it off to charles payne. Down about 130 points right now. Optimism about vaccines, concern about whats going to be some bumps along the way. Now to charles. Hey, charles. Charles hey, neil. Thank you very much. Good afternoon, everyone. Im charles payne. This is making money. Breaking right now, if it feels like the markets hasnt done much this week, youre right. There are some strong trends and directional changes that every investor must understand, plus certain stocks are making electrifying moves. Find out the names and if its too late for the ride. Ive got an allstar panel to help sort it all out. Meanwhile, President Trumps scheduled to speak in our hour on lowering drug prices. We will ask dr. Siegel what that means for the consumer. Also, how will these vaccines run from the manufacturer into our veins