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90 the s&p is down 12 small losses this morning so far on a monday morning. the ten year treasury yield is still well above, a fraction below for new quarter percent. for 24, the price of oil heading into the 80-dollar a barrel, 81.82 right now. bitcoin was 67, this morning at 68237. we got the latest read on new home sales. >> 662,000 sold on a seasonally adjusted annual basis of the month of february, january was revised to 664,000, this is .3% below the revised january rate

the median prices down from 420,000 and change to $400,500 in the month of february. >> that is quite a drop in the prices in 662,000 on annual basis home sold, interesting, thank you so much. now this. >> the atrocity at the concert in moscow, putin predictably tries to blame ukraine. he wants to cover up a gross intelligence failure, the u.s. says isis did it. the murderous islamic terror group is back, isis itself claim responsibility and put out a video of the attack as it was taking place. the world now has to deal with the terror group that president trump had suppressed how convenient that we forget that trump drowned iran's territory and reduce isis to the point where they were hardly functioning, now they are back,

capable of mounting terror operations outside of the mid east. we are now vulnerable, no one doubts the isis would love to kill americans it only took four gunmen to demolish the moscow and killed 135 people, are there not a few terrorists among the 8 million migrants who have come here and now here in america, you cannot dismiss the threat that her own intelligence services calls flashing red lights everywhere. it was biden who presided over the debacle in afghanistan that allowed isis to regroup and force it was biden who open the border allowing and encouraging millions of people to come here illegally and it's biden who actively trying to put trump in prison in the middle of an election this is what happens when trump hatred knows no bounds, justice denied, terrorist allowed in and the president of the united states of america who created this mess blames the man who fixed things in the first place. second hour of "varney" just warming up.

♪ >> byron york joins me this morning, isis was destroyed when trump left office. my opinion, biden created the due mess, what say you. >> if you remember, the history of isis before trump came into office is that it was committing the astonishing atrocities the whole world was horrified in the obama administration responded with pinprick attacks. i remember said a john mccain late senator john mccain questioning the u.s. military officials and senate testimony and said that 75% of the american missions that were flown against isis flew around, returned and never dropped any ordinance at all that is because the lawyers in the obama administration told them that they could not do it, donald

trump said were not going to mess around with that stuff we are going to destroy isis, he did not destroy isis forever, but he basically knocked it out for a very, very long time. stuart: now they are back and i think they pose a threat to her own security coming into the southern border, 8 million have come in and we don't know who they all are we know terrorist have come in and now isis is operated around the world i think were turning a blind eye to a serious threat. >> the border issue is most troubling for domestically for americans in the past when we have had influx across the border many, many years ago it was mostly mexican migrants and it was some from central america and now it's from all over the world, the entire world has a message and if you enter into legally you will be allowed to stay and now you see people coming in from turkey, india,

from south america, they are from everywhere. coming into the united states with 0 scrutiny. stuart: here is one from you senator marco rubio says immunity claims raise a legitimate issue. roll tape. >> think of the country now if you are present you have to think to yourself have to be careful what i do as president not even legal or illegal but on policy if i said the wrong people, should i leave. >> what limits do you think for immunity of the sitting president. >> the reason that marco rubio was talking, the supreme court is considering donald trump's claim that he is immune from prosecution for events as president in d.c. circuit court of appeals opinion which basically says no immunity at all no way no how and they

expect trump to lose this case but i think their troubled by this opinion from the d.c. circuit court which seem to be an anti-trump group saying there is absolutely no immunity at all for anything that the president does as president and i think probably what the supreme court wants to do is try to come up with some common sense standards to protect the president just as marco rubio was describing. when he acts in his official capacity as president. >> common sense standards and rather short supply. byron york, thank you for being with us, we will see you soon. >> former rnc chair ronna mcdaniel was pressed on whether it was appropriate for trump to ask donors to pay his legal bills, is it acceptable for donors to pay his legal bills. >> as long as the donors know where their money is going. if you're transparent she is fine with it.

>> is appropriate for donald trump to ask donors to pay for his legal bills. >> as long as the donors know that is what they are doing. it is in the waterfall and save america before the rnc and what i also think that that means, the campaign or the rnc is being truthful when they said they're knocking to pay the legal bills and it will continue to run to the save america. >> ultimately these donations are going first to pay his legal bills is are not an ethical challenge with that. >> if they feel strongly to support his legal bills than they have every right to do so. >> it was a tense interview to say the least but the truth of the matter is, the biden campaign is out raising the trump campaign 2 - one in rana was saying that to the trump campaign spending their money. >> later in the show how nbc's chuck todd has a big problem with this network hiring ronna mcdaniel. >> that was her debut interview. >> it was tense.

wait until you see, to the markets 48 minutes, 38 minutes worth of business the dow was down 89 and nasdaq is down 38, ryan payne with me i always thank you as a permeable you want to be invested in the market, is this attack bubble. >> the optimism usually outpaces pessimism and maybe i seemed like a permeable but i do think that we are forming a bubble in certain parts of the market and if you start looking artificial intelligence and semiconductor stocks, the prices are starting to get frothy he went public last week and there was a mention of a.i. >> 's sterile labs was the other a.i. companies that did much better than that it and they lost money for 20 years and they go straight up because of their

association with a.i., that is what you're talking about. >> wild stock moves, super microcomputer up over 2050%, i don't think a show copy of james bond in the semiconductor business and index of semiconductor stocks 30 time forward earnings which historically is cyclical industry and they trade like 19, you are starting to see historically high dilation. >> which a.i. company if you can find them the a.i. companies related to it which one should i buy. >> or me to go back to 1999 which was a great year that's when the bubble had burst in any growth of the intel had predicted when every company was going to be an internet company and he was correct you did not have to buy the hot.com that went to 0 and had you by any company eventually they were going to have to embrace the internet, i would argue every company is going to be in a.i. company, look at walmart they did a big deal with microsoft to put a search tape ability on

their on their new app. if you look at automation in a.i. for the next couple years 20 billion for the next bottom line every company will produce better margins, more efficient and right now arguably few by anything that is not a.i. you are getting a discount because most markets trade relatively cheap but what do investors do, they see the momentum and they fund all their money, it forms a bubble, i don't have a crystal ball i cannot predict the magical day when the bubble burst but we learn from 1999, 2000 is better to be early than late i don't remember people saying i sold aol, microsoft at the top and put my money into real estate they said i got hurt really bad during the tech bubble because i did not sell. stuart: maybe some people should do the same with a.i. bubble. >> i think that's a very wise decision. >> tell us more later, thank you for joining us. we will see you again soon.

>> supermicro. >> it was up 240%, up 770% in the past one year, 52 weeks and up another 8%, j.p. morgan added by, they said this is the leading company in the a.i. compute market which is verging with the man to bring up sterile apps the other when the ipo done wednesday priced at 36 and trading at 73 right now. there is huge demand for artificial intelligence. >> it is frothy. >> it is expensive frothy or not it is expensive. >> let me turn to lululemon whose pants i just bought there was a bloodbath on friday. >> is down 15 or 17% several brokerages are slashing the price target tours goes to 498, barclays 546, there above where the stock is now this is the consumer stressed out continuing

to disengage. >> me getting a pair of lululemon pants this is a sell signal. >> are you starting yoga what is going on. >> get me out of this, tesla nio, rivian. >> most of them were higher even though they all got downgrades, the commentary was ugly, and ev demand is weak and liquidity is tightening and they said they look at the market for deliveries and they go 25%, now it's going to go 15% layoff one big competitor and they are cutting prices on every single ev and hybrid that they make so they start at less than $10000. stuart: will we get to america and will they got them in america? we will never let them in. >> i am hesitating on that. >> quickly to the tease, isis took credit for the deadly terror attack input and is trying to blame ukraine he does not want to take responsibility for gross intelligence failure

then hall has a report coming a mexican president warren supported crisis will continue if the u.s. does not cave to his demand. watch this. >> if you don't do the things it said need to be done, then what? >> the flow of migrants will continue. >> will obrador be sale if trump or president? up next. ♪ ♪ you were always so dedicated... ♪ we worked hard to build up the shop, save for college and our retirement. but we got there, thanks to our advisor and vanguard. now i see who all that hard work was for... it was always for you. seeing you carry on our legacy— i'm so proud. at vanguard, you're more than just an investor, you're an owner.

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has claimed responsibility with the deadly terror under terror attack in moscow. benjamin hill joins me, what is evidence to back up the claim that it was i suspected it? >> at the moment yeah vladimir putin claim meeting with the ukrainians support to look at the details there is a fair amount of detail pointed it towards isis and the one that is responsible the u.s. intelligence community came out over the week it is said there was clear signs that this was isis-k, the faction from inside afghanistan in effect to a half weeks ago, the u.s. warned russia about it attack like this and said it may be coming in it may be targeted but at a concert hall imprudent dismiss that, isis themselves have also claimed responsibility and they release videos from inside of a concert hall with videos taken by the terrorists themselves in them attacking people and praising allah. putin is blaming ukraine russia captured the four tiers to carried it out before driving west out of moscow and russia now claims that they were trying to escape into ukraine and from

the ukrainians, that was also to be said that there were video showing the russian military torturing some of these terrorists. zelenskyy himself is also responded rejecting claims it was ukraine saying this, the lowlife putin instead of dealing with the russian citizens he was taking about how to bring into ukraine just trying to blame someone else, putin has vowed revenge and this would not be the first time that he used to terror attack in his favor back in 1999 after bombings in moscow, the fsb was believed to be behind and he effectively came to power. vladimir putin is meeting with the heads of his law enforcement agencies and remains to be seen how he will respond but ukraine the number of attacks over the weekend rise dramatically in the no longer calling a military operation it is being called a war. stuart: thank you very much indeed, congressman michael waltz joins me republican from florida and he's joining me in new york city this monday morning welcome to the show and

welcome to new york. when trump left office isis was destroyed, is a resurgence of isis and my opinion biden's fault, what say you. isis was destroyed in iran was broken with abraham accords breaking out across the middle east trump is the only modern president that left the middle east better than he found it. and by the way the faction is coming from afghanistan and how many of us warned that what happens in afghanistan does not stay in afghanistan, now they have an entire caliphate, estate for which to operate into attack all over the world and they're working very closely with isis and syria that has 40 - 60000 fighters holed up in these camps with barely keeping a lid on this is set to explode isis is a ticking time bomb. >> we don't know that they are here. >> irony they came across russia their southern border where they

have the stands and they were importing labor because of their shortage their manpower shortage in ukraine and isis came into those it's like they're doing it on our southern border. stuart: is a printable terror threat to america isis coming across the southern border? using sleeper cells here. >> christopher wray is ringing the alarm bells as loud as he can and that we have hundreds all over the united states on the terror watch list and we don't know where they are and he's trying to track them down. mexico's president on 60 minutes last night threatened to worsen the border crisis if america does not cave to his demand by giving billions to central american companies in the embargo with cuba, would obrador be saying after him for president. >> he did not say that when trump was president, trump dealt with him and not only did remain in mexico get brought into place. obrador put 25000 of his soldiers on his southern border to stop the migrant flows.

the same president of mexico, look how he's dealing with biden's is look at how we deal with trump. >> an area that might be tricky for house republicans like yourself. mike gallagher leaving next month, congressman ken buck says his dysfunction is gone the majority is down to just one and republicans are in disarray you can't do anything. >> at the end of the day real voters outside of the beltway inside a washington drama they are focused on the price of eggs the price of gas, the world that is on fire are you kidding me isis is back already on our southern border is wide open to the tune of millions, is it frustrating, absolutely. at the same time were conducting oversight and the botched afghanistan withdrawing covid and hunter biden the corrupt biden family and the majority know we can call those hearings and you have to look at what were stopping we are stopping

the biden agenda number ira and build back better, i will not sugarcoat it is frustrating as hell. why would a congressman from florida come to new york city. >> we had my wife jordanian catholic and we had a traditional jordanian engagement for one of my nephews. just up the street in poughkeepsie. a lot of the community after. >> it's great to have you with us in new york. let's move ahead, kamala harris was seen clapping to a puerto rican protest song during her visit she did not realize they were protesting a mocking her, good story. nbc had a meltdown over his network hiring former rnc chair ronna mcdaniel, a lot of journalists are on comp uncomfoe with her. joe concha's fired up and joe is next. ♪

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for the dow, 23 points down for the nasdaq chuck todd blasted his own network for hiring former rnc chair ronna mcdaniel, roll tape. >> let me deal with elephant in the room i think our bosses owe you an apology for putting you in the situation. i don't know what to believe she is a paid contributor by nbc news i have no idea whether any answer she gave to you was because she did not want to mess up. she wants us to believe that she was speaking for the rnc when rnc was paying for, she has credibility issues if she speaking for herself or speaking on behalf of his paying her there's a reason why there's a lot of journalists that nbc news uncomfortable with this because many of our professional dealings with rnc over the last six years have been met with gas lighting and character assassination. >> joe concha is here with me what happened to getting both sides of the argument.

>> chuck todd world he is a journalist, he's an activist what my saying i'll get to that minimum it. if i'm the president of nbc news the minute chuck todd stepped off the set of his former show meet the press i would've told him to take a mandatory two week vacation at a minimum and during the vacation i would consider firing him the egos are these people that are impossible to quantify, apparently before any contributor get tired in the network, management has to consult with the relevant chuck todd or kristen volker joe star full to get their approval, this is 31 flavors of insanity. the last check know when a nbc news had any issue with jen psaki negotiating a contract with the network while simultaneously serving as a white house press secretary that was fine apparently, by the way what crime was committed to your point because nbc hired a republican who actually is not in the never trumper club that is a bad thing msnbc said they

will never put her on the air because god forbid you want to resemble anything with the network where the audience is basically reduced to friends and relatives at this point treated so ironic that this network no screams about saving democracy the port to free speech is basically the pull to barrow network at this point as differing views. to your point, maybe that could be refreshing over and co-chamber, i don't know just been falling. >> you think you should fire? that would be a big deal at nbc. >> the hosted private hilary fundraiser at their home in georgetown before the 2016 election so please stop lecturing us how your journalist when you are a cheerleader for the democratic party and the democratic staffer chuck todd. stop lecturing your bosses on the air if you've a problem with the hiring you pick up the phone or you walk into an office and say you have a problem with this and this is why camille publicly

go out there and embarrass them. i'm sorry if iran the network he is gone. stuart: kamala harris was clapping to a puerto rican protest song during her visit ♪ ♪. stuart: long-lived free palestine and haiti she finally stopped clapping once she realized they were mocking her. it's another embarrassment. >> it seems to be a daily thing and you just witnessed exhibit c as far as why kamala harris is the most unpopular vice president pulling history she is unpopular than cheney who led us into a war under false pretense and shot the guy in the face that is saying something about, here's, what is she even doing in puerto rico, democrats want to make that a state but at last check know electoral votes and she's there to talk about solar energy, again this is why is a

vice president on this ticket you have an unpopular president and unpopular vice president, you cannot get rid of her because i would alienate those voters of color who may be offended by that and as we know and as we talked about joe biden is hemorrhaging support among hispanics and blacks so there's your vice president possible president of joe biden wins again she has to take over for whatever reason. this is something that republican should run on make, the here's front and center because she's a negative clearly and not an impulse. >> a vote for joe is a vote for, the here's. not a vote for you, but for joe biden the, the other guys let's get that straight. joe concha, you are right. see you soon. >> instagram has begun limiting political content on the app, how are users reacting to. >> they are not happy, instagram

appears to change the algorithm settings to the default position of limiting political content. the company says it's restricting political content that mentions the elections of social topics unless users choose to allow it. but critics are slamming this move they call in outrageous overstep in a direct threat to democracy, meta says it does not impact posts from accounts people choose to follow but some users say when they try to change a setting the entire app crashed or would not allow the default setting to be changed i been getting a lot of pushback. stuart: the prince and princess of wales are extremely moved by the public's response to kate's cancer diagnosis. alex hogan has the latest from kensington palace. marc siegel reviewed all the per report on kate middleton's cancer treatment he has an idea of what kind of cancer she has, the doctor is next.

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stuart: support for princess kate pouring in from all over the world after she revealed her cancer diagnosis. alex hogan in kensington palace the latest. >> we are here i kensington palace which is the official residence of the prince and princess of wales all day and over the week and people have been coming here to lay flowers and show respect for the princess it was on friday when it was revealed of her cancer diagnosis and over the weekend william and kate released a message saying they were overwhelmed with the love and support that they receive not just here but around the world also major statements that were issued by world leaders and

british prime minister rishi sunak the said the princess of wales has the love and support of the whole country, president joe biden said he is praying for her full recovery in the princess kate canadian prime minister justin trudeau semi thought there was a princess of wales and the children and the entire royal family following the news of her cancer so courageously shared it with leah on friday when the news broke that the princess is undergoing a chemotherapy as she has cancer diagnosis that was learned after abdominal surgery in january for an undisclosed condition she released a video message and this was part of the statement. >> i am well and i'm getting stronger every day by focusing on the things that will help me heal. for everyone facing this disease, please do not lose faith or hope you are not alone. >> she released that statement at a time when her children are on easter break, spring break here in the uk, the family is

able to be together as the rest of the country in the world learns of her diagnosis and as of the rest of the public continue to issue the royal family their well wishes. >> thank you very much indeed, doctor marc siegel joins me now, from all of the reports that you have seen what kind of cancer do you think the princess has. >> i talked to oncologist around the u.s. and in england as well in core electoral surgeons and i think it depends on her underlying condition, back in 2012 she was doing fundraising for crohn's and also light of carolinas and she might have inflammatory bowel disease that she does and that would explain the prolonged hospitalization for surgery in january. chemotherapy this started in january might be that they found something like early colon cancer, the chemo that you use for: does not cause you to lose your hair.

another thing that's been raised is a possibility of a gyn cancer like ovarian or cancer of the cervix, those that use a powerful chemotherapy called tax all that does cause you to lose your hair, putting it all together: is probably more likely, gyn would be second, ovarian would be second but the most important thing is she has come forward, she said she has early cancer that alert young women all around the world and they may be need to get screened if they're not screened already there is a message of hope with the daffodil in the background, early detection and early treatment chemotherapy to make sure it does not come back preventively all of that is a strong and powerful courageous message. >> one more, the pandemic may have led to thousands of missed prostate cancer cases, what is this about. >> one thing in the uk they do not routinely use the prostate antigen which i love and i like

the test because it alerts me to a problem in the prostate, the uk is not standard. a lot of men did not come forward because of the pandemic because of lockdowns and shutdowns and delay doctors visits. it looks like 20000 cases of prostate cancer at least were found later than they should've been found. on top of that they are not screaming as much as we are and using mris to back up the psa, i think they need to be more aggressive in their screed in the uk and this is another message that the shutdown and the lockdown had unintended consequences that were worse than the virus. stuart: there is an understandable reluctance by men not to come forward with problems with their prostate because it affects their performance later doesn't it? >> that is so true and we just saw that with defense secretary austin and i think that's very true with men and i think there's another public service

that were doing today. if you think you're shy now imagine how you will feel later we need to diagnose that early, a lot of times we are just watching it we don't always take it out and if we do we may do in a much more limited way with radiation if we know we have a early, that is something that you really have to know about really. >> what is about leprosy cases rising to america especially florida, is there a spike and leprosy cases and what is behind it. >> 200,000 cases in the world only 159 in the u.s., this creeps along for decades, you have numbness, deformities as a result this is a scary agent disease, it is coming back because of the ugliest creature in my opinion the armadillo that thing is scary looking armadillos that are spreading and red squirrels it can pass human to human.

in ancient times we had leprous colonies but it's from animals and there are armadillos in central florida by the way and they are red squi squirrels so s animals that are causing it to spread people can have it for years and not know that they have it, 159 cases is on the uptake but that is nothing compared to the 200,000 around the world. >> this is the first time in recent months that we have gone to an entire segment without mentioning cognitive decline in old age in alzheimer's. thank you very much for not getting into that. >> everything will time that we are on you pass the test with flying colors, every time. >> i'll take that as a vote of confidence, thank you we will talk to you again soon. let's get to the movers i will start with intel, that is not moving that much. >> is the biggest decline on the dow jones industrial average, china has moved to phase out

u.s. microprocessors in the government computers and servers, that includes the chips from intel and amd. >> don't tommy micron technology is another high. >> 117 and change up nearly 17%, they're not out of the beijing been woods there in china's crosshairs in terms of the chips being used by china. yet there at a record high. stuart: footlocker. >> they met with management last week and they said that the looking great they've upgraded with a price target of 32 they say they're seeing the most investment in the brand by management that they have seen in years. you have a 6% gain for footlocker. >> a vote of confidence is a good thing to see. >> i like that plus nike nike is not doing so while they were trying to do direct to consumer so not give the footlocker as much product, journeys, et cetera now to give you more product to these chains because they're not selling so well by themselves. stuart: treasury secretary janet

yellen heading back to china as beijing ramps up its posture in the south china sea. details on the visit coming up. congress wants credit card companies to get rid of hidden processing fees they settle drive down cost of small business owners. the credit card people say it's going to cost cardholders in the end. grady trimble has a storied next. ♪ if your business needs a new application then developers will have to write code. a lot of code. if an application needs to be modernized

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you can get two unlimited lines for just $30 each a month. there are no term contracts. and you can bring your own device. oh, and all on the most reliable 5g mobile network-nationwide. wireless that works for you. it's not just possible. it's happening. stuart: on the market the dowel is down 120 and the nasdaq is down a mere 30 points. look at nvidia you have to quote that, it is up today, 958 i'm not sure if that is a new high but it is up there. as for bitcoin we were at $73000 according ten days ago now we are at 693. next case congress has a new bill that goes after credit card hidden processing fees, grady trimble with me. question does this mean that credit card perks like bonus miles and points could they become a thing of the past?

>> that is the case opponents of this bill are making this white fees are paid by businesses every time customers make a purchase with a credit card and it could be as much as 3% as a purchase, the bipartisan bill is aimed at reducing those fees, democratic senator durbin partnered with republican senator roger marshall on the credit card competition act, they argued there is a duopoly of credit card companies, visa and mastercard, marshall says the bill would force competition, help small businesses and ultimately lower prices. >> the small companies are spending more on credit card swipes than utilities in the competitive market they can pass on the savings to their customers in the world of inflation these are inflation multiplier. opponents say it will have the same impact as another piece of legislation that durbin got behind after the financial crisis it was aimed at reducing

debit card fees and it did but also led to the end of debit card reward programs, the credit card company and airlines are warning guys with the new bill would do to popular credit card points, miles and travel programs. >> the economic impact of airline credit cards is huge. in $202,223,000,000,000 which generated from the three trips that is thousands of jobs across the u.s. including a popular vacation spot like florida, texas, california. >> senator marshall says the threat that this bill would do away with credit card rewards programs is a scare tactic. >> we gotta have a question for lauren, would you in the interest of getting rid of hidden fees and prepared to abandon your mileage on your credit card. >> it does not give me anything as it is. it used to be a couple thousand points you could get a perk, not really anymore have you tried to fly on miles it's an arm and a

leg, you were not expecting the answer. >> i used to be able to redeem and fly for free and now times five the number of miles that you need to fly anywhere. >> and non- flyer these days i take your point, i'm going to move on treasury secretary janet yellen heading back to china. tell us why the treasury secretary is visiting china again. >> i do doubt she's using the cumulative miles on your credit card according to the white house the secretary janet yellen is set to meet with chinese government members next month, the treasury secretary, if you remember visited beijing last summer and that resulted in the formation of the new economic and financial working groups aimed at substantive discussions with on contentious issues. it is the latest effort by the biden administration to maintain diplomatic channels following

the chinese bible and incident rising tensions across the taiwan strait and the beijing increasingly aggressive posture in the south china sea, secretary of state anthony blinken went to china last june in the face-to-face meetings, head of the presidential election where the chinese threat we know will feature prominently in foreign policy rhetoric. >> yes it will. still ahead, steve forbes on the transformation from the greatest city in the world to a dangerous joke, that's what i call a former u.s. attorney brett tolman out trump's hush money hearing will play out today. a friend of prince harry's claim in the photos and videos of kate middleton were indeed fake. the 11:00 o'clock hour is next. ♪ ♪

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>> this type of law fair is not something we associate with the united states of america. it's much more soviet, third world republic. >> president trump had the upper hand and used his leverage appropriately to ensure that the government of mexico did things that we wanted them to do that were not only good for our immigration and border security laws but was also good for theirs. >> we've got to blow up the whole budget process, stuart, and start over, rewrite the budget rules so you can get spending down and borrowing $2 trillion a year and nobody in washington is doing anything about it. >> probably what the supreme court wants to do is try to come up with some common sense standards to protect the president. stuart: i'm not sure of the relevance of the song. you can't hardly bait.