solstice, and what do you say? stuart: i will dust off my druids robe. number 3. lauren: 8:4:06 pm. >> 4:51 with ashley. stuart: i will go with 4:51. >> got to go with ashley. stuart: the longest day of the year, the longest sunlight hours, the solstice occurs when the earth arrived at the point in its orbit when the north pole is at its maximum tilt. thanks for sticking around. wants to hear from you. do your anyone you know purchase expensive collectibles? send it to varneyviewers@fox.com.

>> what did darius rucker and georgia governor brian kemp have in common? as far as i can tell, nothing. who is it? they are both on the show in the middle of the stock rally. neither of these guys talk about stocks. that's where darius rutger comes in. is branching out into liquor. i'm talking about the fancy stuff, fine wines, georgia governor kemp had fine deals in from all places south korea. welcome, i am neil cavuto. not everything is about stocks, but where you place your emphasis in stocks. asset management strategist, great to see you again. we talk about other moneymaking

opportunities, celebrate are finding it in a fine line and governors and business deals abroad. opportunities getting exhausted in the stock market, you get a belt up fear. >> i don't think so. a lot of the work is being done by the largest companies. everybody knows this. the standard s&p 500 is up 15% this year. another index is up 5% this year which is a perfectly average year. and the equal weighted index is effectively the largest thing we have seen and speaks to how much work is being done by nvidia, microsoft. stuart: when you see a spread like that does that worry you? >> if the large caps were going

up, just purely if we were paying more, in the case of nvidia which is the poster child, revenue and net income all going up triple digits. no other company has that, anything close to that experience. neil: the market value, already accounting for 1/3 of the s&p 500. >> $2 trillion in market is basically larger than one hundred 50 companies in the s&p and that speaks to how important it is. neil: this is the year of ai and waiting on the fed to see what it does but the ai stuff is more important. >> there is always the debate about nvidia's earnings report is more than that. clearly the ai story is most important. neil: if we don't see any rate

cuts, does that doing? >> it hasn't so far exactly. the market is at 5%, at elevated levels of, the real question for investors in the next 6 or 12 months. we will not have a recession with inflation coming out. does the reduction mean they track tract influence and catch up, that is something of a shift if that comes to pass. neil: there is a trend of lower rates the second time, the british did not. the inflation rate is arguable. they didn't move. >> the trend is there. central banks want to come.

everyone feels rates are high and that a separate conversation but the united states, the swiss bank and everybody is in the mode of producing that. to your point, they won't wait to get to 2%, they will cut in advance of that on the idea that wage is at 2%, you've waited too long. neil: we've gotta slowdown or worse. >> getting to where the bucket is going, whether they are able to achieve that remains to be seen. they were expressing a desire to cut the inflation data and we are stuck in this equilibrium where some people think they should be cutting already and it will be several quarters. we need more data. neil: so good seeing you. you know what you speak of. when it comes to politics, very few better on this.

the hill editor in chief, one week from the big debate and a lot on the table here we were talking about these markets, something over which we see this, always mentioning the markets, his mentioning them a lot more, the records we keep setting. is happening under him. will be a big subject next week? >> no doubt about it. it will be a top-tier issue and an advantage they have. i am not surprised biden is talking about the market. they've been trying to convince the american public that the economy is better than people are feeling and that, if you look at the polls, by and large, biden has been stuck and losing battlegrounds according to new data from the decision desk and that's a problem for biden.

neil: the first time in a year he's leading nationwide at 2 points but there's been a shift in voters moving more to the president. these are light snapshots, numbers are shot, i get that but is there something here beneath the surface we are missing? battleground states, donald trump seems to have the edge but how do you assess it? >> this race is winnable for both sides. it was winnable in 2020 for trump until he was too aggressive in that first debate and then a couple other things notably covid but covid is over and if you look at the issues, biden is not doing well on the top issues including the economy, including immigration, but is a close race? is it winnable for biden? yes but he needs to have a good debate. stuart: cnn is handling this

debate, they have the power to cut their mics if they go over or get nasty. i'm thinking even if i were to cut my own mike off right now, a lot of people have advised me to do that, you could still hear me. you will be able to pick up my cursing at all that stuff. that doesn't guarantee that. >> another thing for the candidates to think about. it is kind of demoralizing to have the mike turned off especially as a president or former president. if they do that too much it doesn't look good for whoever is doing that. i expect a different approach from trump this debate. i think he's going to be calm her, more policy focused. is there going to be some bait with hunter biden and the conviction? yes.

since the conviction, a big game changer and that is where trump with his vp pick and biden with the debate and the convention, they need game changers. stuart: "cavuto coast to coast" 20 going over this immunity issue, let's say we don't get the court ruling before the debate next week. it's a wildcard before this issue comes up but if the supreme court were to say you can't shield your self, that could change the complexion of that debate. >> it could. i'm surprised the high court hasn't ruled on this already. we have been waiting a long time for this and we could be waiting a little longer for that ruling to come out. at the same time, these other cases are not going to be coming before the election. trump is a convicted felon but that is on appeal.

what political effect that has, so many people, if you like trump you like trump and if you don't you don't. there is a small sliver that will decide the election and a lot of them are undecided. stuart: neil: that amazing at this point. thank you very much. i did mention the decisions everyone is waiting on. that we did not decide on. what she makes of that, pushing this to the very end might not be in donald trump's favor but enough to run out the clock and any litigation would have to be dealt with. the documents case, until after the election. >> i am not surprised it didn't come down today.

a case of this magnitude, at the end of the term, that is going to be next week. the last day on the calendar, i predict they have too many cases coming out. that date is thursday or friday but that is around the same time as the debate. that's not what justices would like but the reality the case this complicated, this important often takes the longest time to put together. neil: you reminded people, the court avoids this politics stuff but there's a benefit to having it both ways if you put off a decision, not friendly, up to the former president, this is a conservative court, three of those justices he appointed. by pushing it back as far as possible even if it isn't friendly to the former president it does push off

cases until after the election which he wants anyway. >> the court already heard the arguments of the case. they are deciding it this week or next week. we are talking about i don't think they are pushing one way or the other, timing for things to come out but a week here isn't going to make a big difference. it will change a little whether they can come specific on this first debate. i don't think the court could have predicted a debate this early in the process. that in and of itself is very unusual. i think this is an issue. i don't think justices will say he put us in the court, we haven't seen that. these are justices who look at what the law says. they pay the down decisions in the last couple weeks. we are striking down trump initiative is like the regulation that brought bump stocks in and redefined them as assault weapons. that was the trump administration effort. you are not afraid to go

against him. neil: your thoughts on how they feel in this role, a lot of people said the court at the time, the court in 2,000 and the recount hated being placed in the middle of that in here we are again with another court placed in the middle of a lot of cases that could turn on these decisions. when thrust into that, blinders on and make the decision, who appointed un who didn't, that is got to be tough. >> it's one of the reasons the framers gave life tenure to the justices. they don't want justices to be influenced by who gives me the next job. the next position, there were arguments, and it is challenging.

and for looks of those arguments, and they were having a much more moderate moderated position. the private acts he has could go forward. they have to have immunity for and that's more moderate than the government was opposing. and they were not making a decision. that was the lawsuits. neil: thank you so much was always learn a lot. we will be monitoring the supreme court. you see the hullabaloo over vladimir putin and kim jong-un,

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call today or go to gentlecure.com. neil: in north korea a couple days ago, vladimir putin is calling south korea for criticizing the visitor worrying about it saying south korea should not worry about an agreement between russia and north korea. also said that seoul should watch it itself, supplying weapons to kyiv would be a big mistake. in the middle of that we have the governor of georgia, brian camp, just back from south korea when this was going on, not just this particular visit but the friction between south korea and north korea. were you there when north korea was dumping garbage on south korea?

it has got to be tense between the two countries. >> thanks for having me on. that was going on before we went over there. i didn't see any presence of that over there. no one was talking about it. we did visit the joint security area which is incredible to see. north korean soldier a hundred yards from us with binoculars watching us the whole time we were there and we were with america's finest and the joint security forces up there but it was eye-opening to see the differences between tierney and freedom and the rest of the week in south korea, was incredible. a vibrant community. that is top of mind. we are seeing democracy in action and that is why we were

there and great to see. neil: when you take aerial images us about south korea and north korea, everything in north korea is black but no longer is. it is amazing world here. where does georgia stand for conducting more business potentially to south korea? >> being up there, in the joint security area, being 25, 50 yards to the demarcation line where donald trump stepped over and visited with kim jong-un, from the soldiers, for rice field on the other side, north korea, telling me they were

planning rice fields on that hand. planting them with mechanization and harvesting mechanization, completely different on the economic front, people are not trying to break into north korea. they are trying to break out of north korea and get to the free world and democracy and have a chance at innovation like we saw. we had three record years of economic developed and, job growth and investment in our state. south korean companies have been a huge part of that in terms of investment. i'm optimistic about the future of these companies growing, georgia doing expansion but but with federal prospects. we feel good about where we are and what the future looks like. they feel that way. they love the state of georgia and they love america and that was great for us to see.

neil: you mentioned a couple companies, how close are you to business deals that go beyond? >> we are really close. it's a very competitive market in the south and southeast, where we are. neil: texas is trying to outbid you. a better place to go. it is a friendly rivalry, florida doing the same. how do you do that? >> we are great friends but fierce competitors and that is good. the business environment is good. we have held our own against a big state like texas, has a lot of advantages we don't have like oil wells and gas but we have a great workforce, great education system, great logistics and infrastructure,

great business environment in our state but that's why gdp is outpacing the northeast for the first time ever. it was announced a year and a half ago. states like georgia, tennessee, texas, south carolina, we've got your grade republican governors, to have a great business environment, that's why south korean companies and other companies around the world and the united states are coming to our states. to compete every single day. >> you had a fractious relationship with donald trump. and some polls by as much as 10 points. how do you feel about that? >> this is a pocketbook election.

and i will say today, we need to be focused on the future. i think donald trump, the debate comes to atlanta, georgia. are you better off today than you were four years ago. are you paying more for groceries, more for energy, more for your insurance, more for your rent, is the disaster a border? if that's the case, donald trump will continue to do well in georgia. neil: if he focuses on the last election, you criticized him for that. recounts and the rest. that's where you draw the line. >> the voters will decide this election in swing states. they are not focused on what happened four years ago, they get hurt when they go to the grocery store and fill their gas tank or how much the rent

is or someone can buy a house these days, how much more the mortgage rates will be. we spent too much money to create an inflationary environment but i think donald trump is focus on those things. he will do well in georgia and won't just do well in georgia but in other swing states. we will stay focused on the future. neil: is a week from today. brian kemp, the beautiful state of georgia, a turnaround story there. what an incredible weather map we are looking at. half the united states looking at real feel temperatures of a hundred degrees or more. it's going to be nasty for a while after this ♪

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neil: democrats might be worried about strikes and demonstrations at the chicago convention, republicans worried about comments donald trump made about milwaukee or problems there but the truth is most conventions are dollar affairs, well scripted. don't expect that to change. what is going on? charles: talking get to people

going to the convention the democratic party and republican party, they are plugged in to the dnc and the rnc and i want to get a sense what we might find. the republican convention might be different for business reporters like me but there's going to be a crypto element to it. i've been reporting for months, a great job on this and have donald trump, really embraced crypto to tap into the crypto audience. there are lots of polls that show crypto voters, crypto holders are one issue voters. if you are an advocate of the industry they may vote for you. many of them are rabid fans. trump made a lot of statements

about crypto, taking it out of the hands of the sec which is cracking down on it, chairman gansler bringing a lot of cases, republicans say stifling innovation of crypto and block chain technology that is a seamless transaction. he is confident. a lot of people expecting, vivek ramaswamy will talk about it. crypto is something. on the democratic side from what i understand, i'm getting this from democrats, a lot of posturing in the progressive wing because biden wants to keep that wing intact. when you see the real action of the democratic party, outside chicago, expecting massive protests. to counter that, the

progressives will have a big role at the convention in terms of speaking. neil: it could get heated. the nation is experiencing that. >> high temperature is going on still today, one more day in maine, got to 96 degrees in caribou, maine, your all-time daily high temperature record. the heat solidly in place calling down across wisconsin, now moving to the ohio valley to the western great lakes and the northeast, hot in maine taking the brunt of this. you see that pete color in east maine, temperatures uncomfortable. these are heat index, actual air temperature is continuing to be hot. they remain 94. you get the idea. not only is it hot, do points

in burlington vermont, 74 °. that's how much moisture is in the air. dewpoint temperatures in the mid 70s, really juicy uncomfortable air. you take a shower is the basic idea. with that, a chance for some storms, the darker the color the bigger chance for severe storms. we thought a threat for it today. he will deal with these storms. the good news, it will drop your temperatures by tomorrow. it will sag to the south. not necessarily the case in the mid-atlantic. saturday, one to 3 in dc, one hundred 4 in baltimore, that goes through sunday and drop those temperatures into the mid 90s, won't be that much of a break. we will talk about the tropics,

tropical storm alberto made landfall in mexico, rain across texas, 5 or 6 inches was almost done with that rain at least now. another system we will watch almost in the same direction, potentially another storm on the heels of alberto. more rain maybe across south texas. this one right here, 40% chance of this disturbance developing to move toward the georgia south carolina coastline. not a significant storm but some moisture coming into that area from this storm. two storms we are watching. we are in june expecting a really active season. to explode and be active already. neil: just like you said. i thank you. darius rutger, i've been a fan of his forever but think of these skills. he is blown out of the park

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neil: he does need a comeback song how he is coming back for 30 years, talking about darius rutger, the lead behind the most successful group of all time. when you think about hootie and the blowfish, think of the music we've seen and gotten used to over the years even though darius himself was a master of a lot of genres and that is pinching into something very popular for a lot of celebrities but not going the traditional tequila route. the guy helping him do that is with us as well with his read on that.

good to have both of you. how did you hook up in the first place? >> started talking about wine. and the one crew, part of the crew -- neil: a lot of celebrities. ryan reynolds, tequila seems to be a huge thing. elon musk, you didn't go to do that? >> chris came to me about a bunch of a. i didn't want to be a part of it. this is what i do.

neil: a surprise when looking at the stuff on this. tequila seems exhaustive to me is a possibility but not other things. tell us about this. >> wine is my passion. i was associated with brands, attention to detail, to put together a portfolio, a value price people could afford. it joined over sports food and that is what it is all about. with darius joining, it's amazing to take his creativity and expand in terms of offerings. neil: helps if it's international stars.

i'm thinking justin timberlake. that's a short life. the reputation of this guy. >> before i met darius, he had great things to say about him. would love to meet the guy who's an amazing connection. jack: the first night trying this out. it was a long night. >> i wanted to make sure that -- that was a good night. neil: is dan marino the connection here? >> we finished playing and i spent time at his house. we 20 how did that happen? >> got lucky. we met and -- neil: i asked during the break,

you named your daughter -- >> every home game at his house. neil: renovated this charleston mansion. what about these avenues, what they may, concert tour. >> a good business for celebrities with the right product. and everything about it seems great for me. not so much about making money. and hooking up of the guy who is good at that. the stage we were going through

that we would hold back to emphasize this or be as popular. it is something that appeals to the masses. a lot of different wines, why these? >> the main reason is a. everyone on the cab, how to expand from them. they got to gather -- neil: you have a busy concert tour this summer. i was looking at it. they are pretty grueling. >> it is tough. it is tough but the fact, the

fact, 30 years and get to do it at that level. neil: what is nice about it, that is one of the most iconic songs ever. the original album is the top 10 of all time. that is hard to keep that passion up, seeing it again and again. i can't do this. >> i'm one of those guys that never do that because the second you hit the first note, 30,000 people standing up and screaming. >> when that happens they play that song every night. neil: i was thinking during the covid thing, positions during

that period, looking back at that, how did you get through it? >> i did a lot of virtual cons. we knew at the end of that, is going to be if you get through it and make good music when it is happening. neil: all about the economy. this is not an urgent expense for a lot of people. what about that? >> they sell direct to consumer and restaurants. the more approachable price points, $25 in retail based. that covered the spectrum.

they are very good and looking at what they are compared to they are relatively affordable. neil: with young people as well. >> there's a slowdown in drinking. neil: there are some. >> 25 to 35, how you say experiential, cultural, romantic, and just doing shots. neil: you know, did you ever think, you hooked up with a star here. facing the label. >> as we expand, that represents and acknowledges -- neil: how about commercials?

>> absolutely. neil: i am a money guy, that is what we do. concerts booked again, stones are on tour. everything is back full throttle. >> the music business is back. the concert business, a lot of people doing good business. neil: those guys are 120 years old. >> i see it is worth every penny. neil: could you have pictured 30 years ago, this big and as popular as ever. >> i could never imagine that. every five years or so they get in play.

neil: congratulations to both of you. it is hovering. these are great guys and what they are doing in this environment, we get priorities right. having a good time, we could do a lot worse. ♪ ♪ ♪ as a fiduciary, i promise to put your interests first, always. i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com

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neil: i had a couple glasses in line and out of it. the market today, the dow is the rodney dangerfield the s&p and the nasdaq running up but today it is the star of the show, economically sensitive issues dominating the theme, the s&p and the nasdaq hitting the records, slowing down. technology, people trying to second-guess nvidia though it is doing fine but the fact of the matter is market rates coming down, and despite the fact we saw the central bank cut rate again but the bank of england not the mortgage rates.

it is a 30 year, that trend continues because the 10 year to which so many of these rates are attached was down as well. they are waiting for the fed but not realizing the gift in front of their eyes, market rates and the assumption the economy will eventually see lower rates. getting those yields down and that's exactly what is happening with the dow down 172 points and the s&p and nasdaq not doing much as far as following through. the nasdaq has been up 7 days in a row and the s&p, 30 one records this year. what happens next, we will explore with the treasury secretary of the united states, janet yellen, talking the border and dealing with drugs over that border, the treasury secretary on that. right now "the big money show". jackie deangelis