Rally against hillary in los angeles. The mexican flag made an appearance among demonstrators. Question, could hillary lose the california primary next month . Look at this, turning into a catastrop catastrophe, an entire town burned down. 25,000 trapped, a rescue airlift has begun for them. Getting out of Fort Mcmurray in canadas oil country is now genuinely hazardous. And cameras are everywhere capturing that real drama. Varney company is about to begin. All right. Here we go, everybody. It looks like were going to be down on the opening bell today. Thats because of that very weak jobs report. We only had 160,000 new jobs created, but look at this, please. This is the yield on 10year treasuries. Thats an Interest Rate. Thats a key Interest Rate. Its a barometer of how we feel about the market, the economy going forward. All the way down to 173. Now, on the market, the stock market, there are two, well call them former tech darlings which are going to be way down on the opening bell today. The first one is gopro. Whats happening. Ashley not good. Basically they beat on revenue, but the bad news for gopro, called a onetrick pony is expectations for drone product, the drone camera. Theyre pushing back the release of this again. People say already late to the drone party and now youre pushing back and too much hanging on one product as well. Thats a concern of analysts and gopro getting hit hard. Down 77 in the last year and theyre going to start lower today. Stuart so it was at 93 2014 it was at 93. 85. Stuart it was a darling. Ashley not too much now. Stuart how about fireeye, thats way down . It is, its a Cyber Security company. Issuing weaker guidance than expected and put those two together and that happens to the stock. We had a change at the top. The ceo replacing dave dewalt who is out. All of that combining to go lower. Stuart two tech darlings down today. The report affecting the markets. Frankly it wasnt say big, only 160,000 jobs created. That means a down trend that matches the down trend from the economy. I dont know why were showing pictures of president obama, but he popped up right there. What i want to see is austan goolsbee. Former advisor to president obama and theres the graphic, recovery roadblock. Welcome to the program, good to see you again. Great to see you. Stuart here is what worries me, we cant do much to arrest this slowdown in the economy in the shortterm. We may want to invest in educational infrastructure, its not going to happen shortterm. And theres not much the fed can do, thats what worries me. Mou how do we arrest in the immediate future this downturn into the economy. That worries me, too. Its not a its mediocre, but were growing in the 2 range its a bit of a no mans land and we cant rely on any other country to give us a boost because theyre doing worse and add on top of it, the markets got a lot of fear and uncertainty coming from the donald trump nomination, were going to get a lot of Political Uncertainty going into november. I was a little worried about this whole thing as well. Stuart do you think the market might be worried about a Bernie Sanders nomination for the democrats . Thats frightening to investors now, isnt it . Im sure it would scare them a lot. I think anybody who looks at the delegate math or knows anything about that realizes thats extremely unlikely. Stuart now, president obama back in 2012, he promised to deliver 1 million new manufacturing jobs. Well, as of right now, hes about 600,000 short of that. This goes back to the political argument about how we create wellpaid, highpaying jobs. It doesnt look like its working at the moment, does it . Well, id be a little careful saying that, stuart. As you know, weve added 9 million jobs over the course of this recovery, they havent been as many added in manufacturing as they have been in health care and Business Services and i think almost certainly, thats for the twin punches of the dollar going way up and china, europe and emerging markets going down the tubes, so, a lot of our manufacturings for export and we havent had that much demand. Stuart one fast one, ive not got the yield on the 10year, 1. 73 , it suggests that the economy really is slowing down. Are you prepared to say that were not slowing down so much that well get a recession . Will you, you know, relieve our anxiety . You know, i wish i could, but i havent. As you know, i always try to be completely realistic. You cannot rule out, given whats happening in the rest of the world, theres at least, 20, 30 chance that the United States could go into a recession. This is actually a very longlived recovery that weve had. I think the third longest ever, since weve had the data. So, eventually we will have a recession and the worse the rest of the world gets, the more likely for the u. S. Stuart all right, we did three and a half minutes without me once accusing you of being the architect of this economic disaster. I think we did quite well today, actually. Happy friday, young man. We always have a good time, stuart. Stuart we try. Austan, thank you, indeed. Well see you soon. Thanks. Get to politics, look at this, please, hundreds protesting Hillary Clinton in East Los Angeles last night. She was celebrating Cinco De Mayo among protesters, mexican flags featured prominently again. Most of the demonstrators were pro Bernie Sanders. Some of the signs read never hillary. And tammy bruce is here, ill get to my pet peeve, the waving of foreign flags, ill get to that in a second. What do you think, could hillary lose the california primary . She could. Bernie sanders had such a great run its not unconceivable. In 2008 she beat barack obama in all the major states like california. As a matter of fact, in that primary in 2008, i voted for barack obama. She took that state. And at this point, the polls are wild. A few weeks ago they were within Single Digits of each other, now some polls have them double digits away, but when it comes to even with the ones hes won, Bernie Sanders, like with indiana, he doesnt really get a delegate edge. In california over 50 of the 73 superdelegates that are available there have already pledged to hillary. So, no matter what happens, your agoing to see Bernie Sanders in a difficult business. Hes running ads in spanish, being bill clinton has been campaigning for her there, theres hollywood money, but we see her stumble. We know that the fbi dynamic is hovering, so anything is possible. Stuart i dont think those mexican flags will drive voters too Bernie Sanders, theyll drive them to donald trump. Many in california may stay home because of the condition of that state. Stuart ive got to move to london. We dont cover london much. But london is on the verge of electing its first muslim mayor. Im told that 50 of some london neighborhoods are muslim. One in four muslims in england and wales are under 10 years old. Khan is by all accounts 10 of Zack Goldsmith his opponents. It looks like saadiq khan will replace the mayor. Stuart on the local level across britain. The fate of the far Left Labor Party is up for grabs. Ashley it is. They didnt do well. Didnt do as badly as expected. They tripped badly in scotland, the conservatives in the middle, but the british independence party, right wing, picked up some seats along the way as well. Kind of reflects the sentiment. Stuart yeah, all right. Moving on. We have news for you on another Incremental Development in the hillary email scandal. The fbi has interviewed some of her closest aides, including long time advisor huma abedin. Its an incremental movement, ive got it. It seems its moving thick and fast and moving ahead. Is it crunch time for hillary . Theyve been interviewing the aides and everyone is cooperating. Theyre working the fbi, with the Campaign Schedule to figure out to time to interview her, but theyve interviewed brian pagliano, and he pled the fifth and now testifying under immunity. And who is fudging the truth and the nature of who made the decisions and well find out soon the decision. Stuart i dont think they can get around this by dismissing it. Either way it will be a scandal. Stuart look at this, its spacex landing a rocket successfully again. It was on the way down or went up, came back down and landed for the second time. Managed to land with the rocket upright without toppling over, thats a success for spacex again. You know what that effects . Everybody who cant park properly in their parking space and theyre landing on a boat in the middle of the ocean, thats hot. Thats hot. Stuart and trump as in donald trump, trying to unite the g. O. P. Behind him. Several leading republicans refuse to go along with it. I say this is a flexible, im sorry, a fixable problem. What do you think . More on this in a moment. Accusing the most honorable guy in the race of all kinds of dishonesty, goes after his father, goes after lee harvey oswald, as a christian, if he apologizes, i will forgive him and come on board. Poor mouth breather. Allergies . Stuffy nose . Cant sleep . Take that. A breathe right nasal strip instantly opens your nose up to 38 more than allergy medicine alone. Shut your mouth and say goodnight, mouthbreathers. Breathe right. Hey, take a look at square. Thats the mobile payments company. Down today. Bad news for jack dorsey, not only is twitter near new lows, the other company that he got a hold of, thats plummeting, too. Ashley mr. Dorsey had a double whammy of the blues. And posting another loss, but is raising 2016 guidance. Theyre not exactly cheering investors. By the way, a 180 day lockup period on square that expires may 16th which could have an impact on the share prices. Stuart before today it didnt have such a bad chart. Ashley all of a sudden, it goes down. Stuart all right. Lets get back to politics, shall we . Its friday morning, why not . Not just the democrats are split, the republicans have unity trouble, too. Some republicans have already made it clear theyre not going to endorse trump. Bush 41, bush 43, mitt romney, senator john mccain, say no way for trump. House speaker ryan is not get ready to endorse trump however, hell meet with him along reince prebus, from the rnc. Theyre going to have to be fixable. Theyre going to have to be fixable. Here is what bothers ryan about trump. They disagree with immigration, trade and ryan has spent his career trying to reform. And ryan said yesterday, look, i dont expect donald trump to adopt by policies, i get the impression they can agree to disagree on some of these things. Its not a deal killer. On the other hand, people close to ryan say look at the things hes publicly rebuked trump about. The comment on david duke and the kkk. The muslim ban, and violence at trump rallies. Those deeply disturbings paul ryan and i think he wants the assurance that hell tone it down in the future, not sure hes going to get it. Stuart the trumps argument is simple as this, if you dont support me, if you dont unify, youre giving the election to Hillary Clinton. And that is the last best argument on his side and its a powerful one. Oh, it absolutely is. And theres an argument before that, inside the Republican Party, which is i won and this guy is making demands . And i think were at that stage right now. But youre right, bottom line, trump and Trump Supporters will say, look, anything other than supporting me, donald trump, is a vote for Hillary Clinton and do you want to do that . What about the donors . Because trumps not going to selffinance a billion dollars worth of election spending. Hes going to have to go to the Republican Party for that. So theres a little leverage on the part of the republicans, you dont get the money unless you temper some of your statements. There is that argument, too. Well, theres that argument, but i think we saw a very Big Development yesterday when sheldon adelson, perhaps the biggest republican donor of all said hes going to support donald trump. Adelsons reason, hes a republican and so am i. And i think what were going to see is a number of g. O. P. Donors, some of whom have contributed to other candidates, coming around to trump. Stuart okay. 10 seconds, am i right, is this fixable at the end of the day, they fix it, the unity question . It is indeed fixable. The issue stuff are definitely bridgeable and they can do that if they want. Stuart byron york, thank you, indeed. Good to see you. Thank you. Stuart look at this, please, these are images of creatures which have never ever been seen before. Ashley oh, my goodness. Stuart they are from the deepest place on earth, that would be the Mariana Trench east of the philippines right at the bottom of the pacific ocean. The first time a camera has been down that deep. Feeding back live footage. Ill repeat it, youve never seen this stuff before. Rare types of deep sea cucumbers, eels, starfish. Dont we bring you good stuff on varney company. We think we know it all as humans and the hand of god. Stuart very good. What about the pressure, 35,000 feet. Ashley my gosh. Magnificent. Stuart and this, too, thats my favorite. Great. Isnt it. Stuart look at this, liberal, in california, a drunk driving check point canceled because of the slogan, fiesta time or jail time, the sensitive left didnt like that, they shut it down. Varney company will continue. Dont cry. Show me movies with romance. Show me more like this. Show me previously watched. Whats recommended for me. X1 makes it easy to find what you love. Call or go online and switch to x1. Only with xfinity. Show show me more like this. S. Show me previously watched. Whats recommended for me. X1 makes it easy to find what blows you away. Call or go online and switch to x1. Only with xfinity. I really want to get to the liberal lunacy and listen to this. A Cinco De Mayo drunk driving check point in oakland, california was canceled yesterday. Several people were offended by a written warning issued by police, that warning said fiesta time or jail time. People were so offended by that, they shut down the road closure, the drunk driving road check. Tammy. Yeah, a bunch of snowflakes up there. At a native los angeles, no one knew, defeating the french. Its the mexican, latin American Culture that infuses california. This is excuses to have more power to threaten more people, its a ridiculous dynamic and oakland simply bent to it and putting people at risk by shutting down the check point. Ashley writing trump 2016 becomes threatening. This has repercussions, youre stopping the check points and everybody drinks, margaritas are a fabulous drink, but tequila is the best alcohol you can drink, apparently, so you know. Stuart by a spanish word and mix it with drinking, you cant do that. In california everyone is effectively bilingual, its a complaint and never an issue before. Ashley then we have to perhaps put up with a higher chance of drunk drivers and could kill someone. Its a sacrifice to political correctness. Stuart no wonder trump is popular, no wonder. Now this, were doing this because its friday. Look at that, you dont see that often, a hippo escapes from a circus in spain and shocked onlockers. I would be shocked, snapped pictures of the hippo just walking by. Were told that the hippo is in custody. Look at the creatures weve shown you today. Ashley giant handcuffs. He deserves to be free. You escape, you should be set free. Ashley he should be in a mud hole. Stuart and moving on the job market, more fears of the slowing economy. Stocks are down and more importantly, Interest Rates are way down. Thats a barometer of our future performance. Stay there for the opening bell. At ally bank, no branches equals great rates. Its a fact. Kind of like grandkids equals free tech support. Oh, look at you, so great to see you none of this works. Come on in. music pl throughout uh oh. Whats up . Does nobody use a turn signal anymore . Parnell pharmaceuticals, spotparn on nasdaq. Parnell is focused on delivering Innovative Solutions to unmetanimal health needs in the 70 billion dollar pet market. We have core competences in Drug Discovery and development, regulatory filings, we have our own fda approved manufacturing facility and we have a significant commercial presence in 14 countries. Zydax is our lead compound that weve been marketing in australia zydax affectively regenerates cartilage and can literally save lives. We had one of our sales executives tell us a story of seeing a dog in a clinic that just four weeks earlier had been brought in to be euthanized. The pet parents had to carry the dog in, it couldnt even walk. After just four injections of zydax the dog was bouncing around in the clinic. We will soon launch that drug in the United States and also europe. Parnell pharmaceuticals, parn on nasdaq. For the full interview go online. At ally bank, no branches equals great rates. Its a fact. Kind of like social media equals antisocial. Hey guys, i want you to meet my fiancee, denise. Hey. Good to meet you dennis. Stuart here we go, 10 seconds until the opening bell on wall street. They are applauding to start the trading session and we will be down at the opening bell. Not a lot, 60, 70 points, we are on the downside in early going, 18 points, 176, we are down in large part, my opinion because of the weak economy jobs report we had earlier. Come on in Ashley Webster and liz mcdonald and Anthony Scaramucci is with us, and Scott Shelley in chicago. First question, the market is down because of the jobs report and Interest Rates are tumbling. I agree with you. If you look at the june futures rated less than 4 in terms of a rate increase. You want a goldilocks economy, the jobs growing a little better than they are right now. If they we can is go to quantitat