watching it. up 1.7%. [closing bell ringing] we'll watch for dividends and buybacks and iphone sales. david: huge jump in tesla today based on analysis what will happen in the future. liz: you try to count that one out it keeps bouncing back. the bells ring on wall street. let's look how stocks finished up. the red on the screen is a bit of a surprise. earlier the dow was up more than 90 points. there was green across the screen. after a couple record numbers from the s&p and nasdaq, time to see a bit after profit-taking. david: one of the things that put it in the red, i was on the varney watch, there were suspicion of negative numbers in the gdp in the first quarter. that weighed on all the indices. liz: "after the bell" starts right now. david: and before we get to today's market action we're of course waiting for apple earnings straight ahead.

the world's largest company expected to report eps of $2.16 and revenue of $56.08 billion. what a big number that is. investors will be focused on key numbers including the iphone sales. analysts are expecting sales of 60 million units. you heard some lower numbers. people say if it is above 60 it is a home run for apple. it won't play moo this quarter's earnings analysts will watch on comments from apple watch advance orders and opportunity to put more cash to work with buybacks. whisper number for buybacks, $150 billion worth. that has to be some kind of record. the stock is up 20% year-to-date. liz: but we had some volatile market action as we told you. we have gradient investments mike binger. he is here to tell us how to profit from the markets even if they run flat this year.

john toohuey is here to tell you what market indicater to be watching to see when the market maybe topped out. and scott shellady in the pits of the cme. scott, david was just mentioning a question about how the gdp number might be revised. we had the atlanta fed couple weeks ago saying it may be zero or up .1 of a percent. could it be bad that we see some shrinkage here? >> i there could be shrinkage. 10-year is telling you that. 15 basis points, 1.86 to 1.99 around that level. i think it is almost, foolish that the fed is talking about raising rates in environment where we keep lowering growth and lowering gdp. lowering everything out there. all the numbers are coming across worse than expected. i would love to see a good reason to raise rates everything would be busier and economy is doing better. this will be difficult in environment where things like

gdp lowered to raise the rates right now. david: michael, i get depressed the gd and rates. i get depressed. talk about something exciting. the apple numbers are coming up any moment. you had apple for a long time. you invested in apple when it was much lower in costs. you sold most if at all of it in february. why? >> we sold all of it in february right around these levels here. investors forget just two years ago, apple was a dead company on presplit basis. the stock was $400. the iphone 5 was a dud. tim cook could never possibly replace steve jobs. believe it or not, samsung was outinnovating apple. we flash forward and iphone 6 was huge. tim cook has done a masterful job. the stock has gone essentially from $400 to 925. it more than doubled in two years. i love apple.

it pained us to sell it. when i look forward, we have the two biggest iphone 6 selling seasons behind us. i think there is a lull of growth here. the iphone 7 will not be impactful as iphone 6. i don't think the risk/reward is not tilted as much in favor. who will buy the stock? everyone owns it now anyway. we took it off the table and hope to get a better buy point later. i love the company but i don't think the stock is great right now. liz: michael is disciplined. tough to be disciplined. there are signals coming through in the markets. that is a lot of companies have missed on revenue. you've been watching the revenue picture looking how that exactly plays out. how do you think we move our portfolios for the rest of the year? >> well, we're looking very closely at revenue growth, liz, because we think this will be a big indicator as to where we are in the bull market. if revenues are picked up, we

still think we're middle innings, there is room to run. if revenues are decelerating which we've seen in the earlier, that is sign of caution we're in the later innings. we're looking for companies with strong free cash flow to use them for dividend increases, buybacks, n and -- m&a. companies with volume and pricing power. an example of that is cruise lines. liz: particularly carnival. you like carnival and norwegian? you're picking two here for people. >> rising tide lifts all boats. we like carnival, it has had a couple ruffle years with a couple of disasters but it has a lot of capital spending behind it. its free cash flows will pick up. in norwegian is cheap and with its recent acquisition of prestige we think there is a lot of synergy opportunities. david: by the way the pickup was not lost on us. liz: we loved it. david: scott, i have to go back

to that, the question whether the tide is rising. i want to press our viewers at home, if you have a negative gdp rate, you won't have growth in revenues and you won't have profits higher, right? >> right. we're having a hard time beating a lot earnings we've had as of late. they have been lowered to all-time lows. i'm not really bullish on the economy just yet. let's face facts here. we need to have true growth, just true growth. not manufactured central bank growth. does anybody see real true growth coming around the corner? i think we've got a study out that says investors level of neutrality in the stock market is at an all-time high. a lot of folks will take that as bullish. i'm taking that they're very cautious what might be coming around the corner. we're not having growth here. you have seen good stock increases of europe. that is because of qe. what is next for the u.s.? liz: we'll talk more about the precise metric how you gave, people are feeling about investing. but michael, you don't. you actually have some picks.

you feel that dow chemical and controlled fort corporation are places to put their money. that couldn't be further than apple but tell us why you like these old school industrial names? >> i agree with the other guest. i think the markets are in a real stalemate right now. we have a forecast for a kind of flattish year. there is equal number of positive elements and negative elements in the market. with that said we need to make money and we need invest. dow, i love the cash flow picture there. dow is changing from historically, stodgy chemical company, very cyclical industry into, trying to transform themselves into higher margin company. the recent sale of their chlorine business is part of that process. they just had a great quarter. margins did indeed improve. if oil stablizes and rises that will be another positive. i think the transformation is working. they're doing a lot of spending now for growth in the future. that means cash flow to shareholders in the future. david: michael, let me push back

for a second. >> yes. david: if you're for cash flow companies i imagine you missed out on amazon's huge jump, didn't you? because they're still operating at a loss. >> they are. you know, we don't own amazon. you can't own them all. but i do like cash flow stories because i think dividends in a flat year are very important. so company like dow, i mean it has a 3.3% dividend yield. that's important in a zero to 5% type of year. liz: good to see all of you. michael binger, john toohuey and scott shellady. the apple numbers are just minutes away, david. david: speaking of apple today, of course it is trading higher. expectations are that it will move about 4% either up or down depending on earnings report that will be coming out shortly. for more is alex gana of jnp securities. managing director and senior analyst. alex, what about the 4% figure, do you agree with that depending

which way numbers grow? >> david, expectations run into the print. people are expecting a big number. and as often happens with apple the expectation have crept upcoming in. david: yeah. >> as you mentioned earlier in the program we're getting towards 60 million iphones on the quarter. this is well above expectations, prior to the quarter. so we've had that expectations creep. which, in an environment like this, where there are questions about gdp, there is exchange rate risk. it sets the stock up for volatility. we'll see. david: questions on the creep, numbers creep. you have 60 million is the top whisper number for iphones. if it goes above 60, that has to be a home run. that means the stock would move tremendously to the upside, no? >> david, i don't think it necessarily has to do a 60 number. jnp securities is only looking for closer to 55 to 57 million. we'll see if they get there but the other lever they can pull to get people really excited would

be average selling prices. recall the iphone 6 plus which is highest average selling price sku was in short supply last quarter as were the higher memory density phones. greater mix of iphone 6 plus especially out of asia, with the long runway they can enjoy in china, if apple delivers on average selling front or the china front that can can be a home run necessarily without making that 60 million bogey. david: there are other products apple makes. i understand the iphone is number one in terms of revenue and all other indices but pcs are not dead by any means and they have this very cool new macbook coming out. i've seen pictures of it. we're just about the time when it's going to be available to look at at the stores. i think what we're looking, that is an ipad. the new macbook is really something cool. no, that is the macbook. >> david, you're right and wrong. pcs look like they might be dying here. in part because of attractiveness as you point out of the mac.

the new mags are fabulous machines, brilliantly engineered. as we've seen from intel which missed on the quarter and guided down, microsoft missed on guidance there is trouble in broader techland for ill positioned companies. we think apple is well-positioned. we do like the halo effect around the iphones for the macs. we'll see if they get there on new products like the apple watch. in techland, at least, apple is the best bet, the go-to bet right now in a tough environment. david: okay. by the way your target is $150. so you do see an outperform on apple's stock. thank you so much for joining us, alex, appreciate it. >> thank you. david: yep. tell us what you think. has apple's stock topped out or does it have room to grow? let us know on facebook or tweet us @fbnatb. your answers straight ahead. liz: we have major breaking news right now we need to get to. these are the streets of baltimore. folks, we've just gotten word that officials are actually shutting down some key input

areas to the entire region. i-83 and 395 into the city of baltimore have been closed. apparently, according to police sources there are gangs, including the bloods and the crips in the baltimore area, that reportedly entered into a contract to attack police in the wake of an unarmed black man who was taken into custody days ago and died in custody. many areas around baltimore are now considered quote, hot. that is a police term for, don't go anywhere near there. police are fighting with protesters. tear gas has been deployed specifically an area called the mandwan mall. police have been injured. struck by bricks and rocks that have been thrown. by the way, security at malls, it almost seems like there is coordinated attack. you can see that our affiliate reporters are there, wbff is another station, david. you can see this is a very tenuous situation. but light rail and buses into

downtown baltimore -- david: did you just see that, by the way? i want to put a fine point what we saw. we saw somebody jumping in into a moving vehicle there. that is a bad sign. that is pretty close to carjacking, if what i saw is correct. just put a point on what you said, there is in fact coordinated movement on part of some of these people. they're putting out notices through the web and through the various other sources on the internet. now again, you know how television is. you can blow up a picture that is actually much smaller than it appears to be on the screen. so we'll give you details to follow this we don't want to give these people anymore attention than they deserve. they don't deserve much as far as i'm concerned. we did want you to alert you to those details on fox. liz: we'll keep you posted about any other travel restrictions to the baltimore area. weariness among money managers. you heard scott shell dadely talking about this. it is now growing. 50% of the polls are neutral on

the market. not excited, not worried. that is the highest since 2005. are they right or missing out on big opportunities? we have our panel ready to debate that. david: another blow to the hillary clinton campaign as new reports suggest general electric might have receive favors from the state department when she was in charge. how can she save her reputation or is it too late? mack mcheartty knows a lot. he was former keefe chief of staff of president bill clinton. he will join us live. liz: how much you pay for car insurance is determined where you live. how much will you pay and where will you save the most? we get you those answers straight ahead.

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david: just a little update what is happening in baltimore. as you can see there are quadrants of police trying to block off areas, i don't want to use the word protesters, these are just gangs, the bloods and the crips. something called the black guerrilla family as well, entered various areas of baltimore. wonder where somebody like al sharpton is. he avoids the hot spots which is what this is. they have closed certain areas or major thorough ways going into these areas. we'll keep you updated as we get more news on fox business. liz?

liz: straight ahead with our money panel. u.s. money managers are reining in optimism at a pretty steady pace. do floyd mayweather or manny pacquiao have the what it takes to reinvigorate boxing or will that fight be a disaster? once quantities of liquified natural gas as soon as this year, sounds great, getting money for it but could it have unintended consequences? we bring in our panel. steven lieb, who has written lots of books on energy. and our own adam shapiro. steven you get the nod right off the bat. what do you think are the moves and negatives exporting this stuff? three export terminals are under the process being built. we know when you redirect a dream or open a dam, things sometimes have unintended consequences. >> they do, list but this is my quick take. over the next five years or so we're fine. i think we'll probably ex-more

more than we expect. but after that, based on university of texas study, forget about the d.o.e., you can expect, i think flows in the marcellus to really start falling. the one caveat that i have, if you look at oil flows right now in the marcellus, they are decelerating and decelerating very sharply. be a little bit cautious. right now i think we have three to five good years. liz: jason, listen, australia tried this. they started exporting because they had so much of it. they had unintended consequences. it became expensive on their own turf. >> ultimately there is lots of different talking points here. from a price standpoint what i specialize in besides technicals, right now natural gas is trading $2.50. the five-year low is $1.90, 60 cents below here. ever since the crazy polar vortex price spike for 6.50, it has been in a solid downtrend for the last year-and-a-half.

with increasing supplies and around the bend more export terminals being approved, prices come down. yes or no, i think it is a great move for american business to keep this trend going. liz: flip to our next subject. u.s. money managers turning cautious. 50% of them now say they're neutral about the prospects for stocks this year. that is the highest rating since 2005. adam, are they right or will they miss a bunch of opportunities for their clients? >> money managers always miss opportunities for their clients, 80% of them. survey after survey, 80% of the money managers don't beat a good old fashions index fund. not for us that need to be in and out quickly, most of us, what are you doing with the guys and women? liz: pay somebody to lose money for you? >> bingo. liz: how many money managers lost money for their clients over five six-year now bull run, steven? >> oh, over the five or six -- very few have lost money over five or six years. liz: come on. they were either too scared or

neutral. they just matched market. >> losing money, absolutely losing money, very hard to do, liz. if you go back to say 2007, markets are up. i mean since the beginning of the crash. markets are at all-time highs. liz: are they right to be neutral. >> no, they're not right. markets don't go down because old soldiers fade away. bull markets just don't fade away. there is always a catalyst. usually higher interest rates are a big spike in oil prices. unless you see those two, worst case is 10% correction, buy it. liz: jason, we don't have those two things yet. >> i don't really see a reason to pull out or to be neutral or to be scared at this point. obviously the market is basically tripled essentially since the crash. what i like to focus on is where the opportunity is. i know you do too, liz. where is the opportunity right now? i believe, that as crazy of a 60-day period as the chinese stocks have had, i think there

is opportunity right now in large cap dividend-paying, chinese stocks. i love the telecom sector. liz: okay. >> i love cho. i personally invested in various small cap, kind of hot chinese stocks years back. i got whiplash. it was crazy. $18 and $10 in the blink of an eye. but i think versus riding a roller-coaster, ride the choo-choo train. i mean by that, chu. china unicom. liz: we have to get to the mayweather-manny pacquiao fight. it is billed as the richest boxing match ever. there is money for you. does this have the power to reinvigorate boxing or ruin the sport if it is not done right? adam. >> it will reinvigorate. there are hundreds of millions of dollars on the sidelines. both of them will make 100 million each. this is win-win, win, for everybody. liz: steven? >> boxing is part of the human spirit. joyce carol oates wrote a book on boxing. used to sit in the first row.

she loved it. part of our history. i mean not just 1000 year history. as long as there has been humans there is boxing and fighting. it is not going away, liz, it is not going away. >> as long as there has been marriage there is boxing. >> i'm not a fan of boxing but i might watch because there is so much hype. will it draw me back in after these two face off? >> ultimately the bottom line, to keep it short and sweet, the bottom line is about the product. there is money. there is hundreds of millions. there is hype. there is las vegas. if there two-round fight and guy false down, what the heck is that? fans will grow weary of that. liz: listen, guys, we're pushing up against apple earnings. they're just minutes away. steven, jason, adam shapiro thanks for playing along. david. david: breaking news. apple set to report earnings a couple moments from now. will the world's most valuable company add to its valuation? we'll bring you the numbers and instant evaluation.

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david: joining news now to talk about apple, s&p capital iq senior analyst and tom's guide reviews editor. angela, i want to go to you first. what is it possible that could stop the stock from growing right now because our other guest said it will go straight up to 150? >> first off, thanks for having me on. you kind of look at apple right now, there is really kind of nothing that, nothing much that can really stop them. however the, our concern right now really revolves around the iphone and that is, you know, you've got some pulling effect on iphone due to the move to larger screens. our concern as you approach

later this year, that growth starts to decelerate. once that happens, our concern is, will investors may take a different look at apple. liz: we're seconds away from these up in members. michael, do you see vulnerabilities that you're expecting or is it all sunshine and rainbows? >> i think there are some vulnerabilities especially because the iphone makes up a large percentage of apple's overall revenue. it only increased the last year or so. david: the numbers have come out. we're going through the numbers right now. michael, sticking with you for a second what about competition? the samsung galaxy 6 is getting rave reviews. does apple view it as real competitor? >> i think it is especially because android destroys voices make up a large percentage of the market. -- devices. the vast majority in fact. samsung s 6 is every bit as stylish as the iphone. liz: the whisper number is much higher than the $2.16 than

people are expecting. the whisper number is $2.31 a share. that is very rich. i'm wondering as we see this bid and ask go above the close of appleby about $2, is it possible the iphone 6 did much better business? >> it is possible. you know, you have to look at sales overseas in china and asia where -- david: by the way we're just getting those numbers. quarterly greater china revenue coming in at $16.82 billion. is that a good number? >> i believe it is. liz: hold on one second. we do have cheryl casone. she has the numbers. cheryl? >> we have earnings per share and revenue, beat on both. the big number, you've been talk about it, iphones, 61.2 million units for iphone sales for the second quarter, for apple that is a big number we were looking for. the whisper number, most analysts saying 60 million on iphones for the quarter. coming in above that,

61.17 million. estimate was 2.16. revenue estimate, 56.089 billion. 58 billion. so a nice beat. apple has one of the problems every country in the world wishes it had, too much cash. unit, 40% drop, excuse me, jump, by the way on iphone sales. 40% jump for iphones sales. they came out with the 6 and 6 plus. they hit the holiday season into december, coming into the next quarter the momentum continued. also, new headlines crossing. we're seeing higher rate of people switching to iphone than we've experienced in previous cycles. very, very bullish commentary coming out. i don't see anything about the apple watch. my expectation they will start to talk about the apple watch presales, not necessarily in the release. i'm looking for it. they will talk about on the call with analysts. the stock is up a little more than 2% at last glance. shares of apple moving higher in the post-market trading. and again, big beats and especially, guys, that iphone

sales, that unit sale, that was a number everyone was looking for. they came in. they didn't disappoint. liz: isn't it interesting? this is another comment from apple. we are off to an exciting start to the june quarter with the launch of apple iwatch. so cheryl predicted that correctly. here come the apple watch comments. yeah, they say they're off to a very, very nice start. in fact they used the word, exciting, david. david: by the way we're getting other figures. they will increase their dividend 11%. that is a big increase in the dividend. we don't know about the cash buyback. we know they have a lot of cash to choose from if they decide to use it for a buyback. $193 billion. when a lot of other companies are scrambling for cash, imagine having that sitting in your deposit account. 193, almost $200 billion in cash. angelo, i have to ask you, that is much bigger number than we thought. >> we were personally looking

for 150 billion. this is significantly larger than anticipated and clearly a big positive on the stock. liz: okay. do you see any gross margin numbers here, an fell low? >> looks like the gross margin topped over 40%. liz: wow. >> also above, what we had anticipated. we're looking at about 39% or so. david: are you willing now, angelo, based on some of these numbers to change your whole position to a buy position? >> yeah. i mean, i think the issue here, you know, just, still remains, i think when it comes to the iphone 6 here, we're seeing, seeing great traction for it. >> liz and dave, liz and dave? liz: go ahead. >> not to bring down anybody's party here, ipad sales, there is a little bit of pressure, guys on ipad sales. here was always worry when they launched the 6 plus and 6 it would hurt ipad sales. it is in this quarter, several million units. that is one negative thing i'm seeing. also the fact that the stock is still higher by 2%.

nobody is selling the stock yet in after-hours. i want to say ipad, there was a drop in ipad sales. cannibalism in this market, that is a big worry for these guys. liz: michael, does the ipad go the way of the ipod eventually? >> eventually but i don't think not yet. ipad sales, tablet sales in general have been trending downwards for the last few quarters. so there is some cannibalism here. but it is also a fact that people are very satisfied with the tablets that they already have so. david: by the way, the second greater china revenue is up 71%. one of the places they may sell the ipads to is china. china wants a bigger ipad, don't they? that is why you're getting iphone plus in large numbers. david: bigger is better in china? >> bigger is better in china. that is where you can see some sales. liz: what about as we continue to watch for things on apple pay? i'm pretty sure we haven't seen any heads on apple pay.

may be too small. 15 cents for every one hundred plus dollar transaction but do you see that as a revenue driver? >> definitely. apple pay has taken off where other wireless payment systems haven't from samsung and other companies. apple has a momentum about them they can get a lot of retailers on board with them. david: angle low, i didn't hear, forgive me, i didn't hear the end of your question whether you would change from a whole position to a buy. you have a $125 price target. would you at least raise that price target based on these numbers? >> we upped the price target last friday to $140. david: story give me. i didn't realize that. we had you at 125 significantly above where it is right now. >> we expect a good number here. we expected positive, positive action post the numbers. that is what we got. definitely surprised about the

$200 billion return. that is something that has to be accounted for. like i said our concerns remain, you know, what can they do to kind of top what they have done over the last two to three quarters with the iphone sales. liz: listen to this. they are going to increase their share buyback to 140 billion from the previous 90 billion, angelo. >> yep. liz: that is likely to make a lot of shareholders happy and draw others in. >> absolutely. >> michael what do you think of that? >> i mean definitely. you know, i would love it too if my shares went up as well. liz: right. david: so it is, there are a lot of beats all over the place. i would say the headline here, the 60 million was the top number we were hearing for sales of iphones. turns out to be closer to 61.2 million. they're increasing their dividend by 11%. they have $193 billion worth of cash. about 150 billion which they may be using for a stock buyback. there are all kinds of positive news here.

huge growth in china. china is slowing down economically from where it had been. they're still buying a lot of apple products, liz. liz: you have got to make sure you understand the china acceptance and excitement about all of these products has mattered. absolutely the iphone 6. great to have you both of you angelo and michael. david: thank you, gentlemen. we'll be right back. ♪

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>> i'm cheryl casone at fox business earnings desk. want to give you a quick update

what is happening with apple computer. the stock in after-hours is trading higher by a little more than 2%. a couple of big headlines coming from the company. first and foremost, iphone sales, unit sales, highest number for an estimate was 6million. they came in selling nearly 61.1, .2, excuse me, mill iphones. revenue, they beat, 58 billion. apple has more cash than they need. what will they do with it? they updated us for plans on share repurchase. telling wall street, we'll increase up to 140 billion share repurchase plan. it was 9billion in the previous quarter. as far as apple watch, positive comments. nothing further. we're monitoring the call. at this point the company sitting on a lot of cash and the stock is moving higher in the post-market trade. david, liz. david: cheryl, thank you very much. can you imagine telling the irs you had forgotten to report $2.3 million in earnings for three years and expecting them to tell you that is fine.

you must not be a clinton. that is exactly what the clinton foundation expects from irs, after they failed to disclose a big contribution from canadian donor that was helped by the stay department when hillary clinton was at the helm. will all impropriety haunt them, and hillary in particular during the campaign? mack mclarty served as chief of staff under president bill clinton. >> david, good to be with you. david: when i say whoops to the irs, they don't say, oh, that's okay. don't worry about it, just change their form. they hauled me in and i get a fine or something worse. why the clintons getting awith this? >> i think the irs will handle this with the foundation just like they would with any other foundation, david. i don't think there will be expression exception to this at all. whether you have corporations, individuals, whatever, you have adjustments to tax returns. i think maura tally addressed that in her letter. i don't think you ought to overstate this. this is whoops moment.

david: it sure is a whoops moment. more than a overstatement, mac, they did not report it. you don't overlook $2.355 million, do you? >> i think consistently, david, i think a fair analysis will suggest the clinton foundation handled their affairs in pretty transparent manner, very transparent manner. handled all the filings with the irs and other agencies in an appropriate way. i don't think this is one of those, you major events that will cause a real stir but they need to get it in order. no question about that. david: it already has cause ad stir primarily the guy made the contribution, ian tefler, was ceo of a uranium company trying to get special permission from state to be sold to that russian company. so there was, right around the same time they had interests with the state department they got this big foundation money. >> well, david, to be fair now, i think what you really have here on particular transaction that you're speaking of, is two

really very successful canadian business people in the minerals business. they did make a big deal. it was approved under the cfius process, the government process, i think by nine agencies. approved by canadian government. approved bit utah regulatory commission and nuclear regulatory commission. the state department was evenly one of nine agencies. be sure we have our facts straight. david: there were a lot of -- again just that, appearance of impropriety. you can't avoid it. another thing between a company and something the state did we saw flashed up on the screen. general electric made a big contribution to the foundation just around the same time they wanted to get into algeria. they got special help from the state department to do that. now, people are interested in emails that jeff immelt and others at ge may have received from the state department. he says, i'm not going to give them up. >> well i haven't seen that but i will tell you, that i think certainly the secretary of commerce, and the secretary of

state, secretary of the treasury, i mean, david, part of their responsibility is to advocate u.s. interests abroad in terms of investment and export. that creates jobs. david: i understand. >> any secretary of state doing their job. david: but the creation of, there hasn't been a secretary of state in history i know of that had a foundation at the same time she was deciding on issues involving that company they were receiving big contributions. i just have to ask you one question, about what hillary might do in the future if she is elected president. you are very big on the trade issue. you really helped bill clinton go against a lot of opposition to free trade movements all over the world, particularly nafta here in the western hemisphere. what would hillary be like vis-a-vis trade because businesses are very interested in that? >> it is a very topical subject, david, as you well know with the tpa authority and the big trans-pacific agreement that the administration has strongly supporting. i hope and believe they will pass it on a bipartisan basis.

i think secretary clinton fully realizes the united states must be engaged in the world. i think she saw that as a senator from new york and as secretary of state, certainly. i think she is in the right place. she has taken a measured position saying i'm for a trade agreement but it has to be one that will produce jobs and good incomes. trade assistance adjustment are part of a holistic package. i think she reviews it that way, mack mclarty i hope you're with her. you're a good man. >> david, my pleasure. good to be with you. david: i liz, over to you. >> who doesn't want to save on car insurance? if yours is high you might want to consider moving. we'll break down the least expensive and the then the most outrageously expensive state to insure your car. plus some tips to save no matter where you live. we'll be back in a minute. ♪

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liz: how does your car insurance bill compared with drivers all around the country? insurancequotes.com is out with a brand new study on the cheapest and most expensive states for car insurance. get ready to be annoyed or happy. senior analyst laura adams joins us now. let's get right to the list of

most expensive, laura. michigan is in the top spot. >> it is. michigan residents are paying some of the highest costs out there for auto insurance. there are special things going on in that state. they have unlimited medical coverage in a no fault situation for residents some it is really great benefit but also costs consumers a lot. liz: $1923 per year. i'm amazed louisiana is in there. why is louisiana so high? >> a lot of claims going on there. just one of those states where you have a lot of natural disasters. those translate into problems with vehicles and claims on our vehicles there. liz: not surprised to see new york but delaware is in there, rhode island, a tiny state. everything is expensive in rhode island, my goodness. why, what did you find that put rhode island on that list? >> when we look at the top states, there is just a variety of issues going on. the state regulations play a

part. the driving habits and, sort of patterns of people in cities play a big roll too. what we look at as consumers what can we do to save money even if we live in one of these very expensive states. unfortunately geography, location, play as really big role what we have to pay. liz: flip it over to least expensive. before we give tips to maybe bring down their bill. the least expensive states are topped on the list. we put them up in a moment. north carolina. it will cost you $481 a year compared with michigan's $1923. how does north carolina win this top spot? >> north carolina residents are paying 41% below the national average. so some unique things going on in north carolina, the rates for auto insurance are capped. so they can't go above a certain amount. also insurers there are offering a lot of discounts. so some really interesting things at the bottom of the list. and residents in those states,

just fortunately can be grateful for low rates there. liz: yeah. you've got idaho, ohio, maine, wisconsin. the tips are usually, you always want to shop around and check other rates. that is number one thing, isn't it, laura? >> very important. no matter where you live, no matter what the regulations are in your state, you have got to make sure you're not overpaying for coverage. typically checking in with the marketplace. you. using a site like insurance quotes.com to find out what you're going to get, what is available for you, depending on your situation. liz: everybody should -- >> you will know if you're overpaying or not. liz: everybody should check that out, insurancequotes.com. good information and advice, laura, thank you very much. >> thank you for having me. liz: anytime. david: going back to baltimore. i believe we have live shots. you see a police vehicle up in flames there or maybe civilian vehicle. a lot of cars have been damaged. coming up the very latest from baltimore. stores are being looted. cops are getting hurt.

the fbi is looking into it. breaking details in a moment. >> hi, everybody, i'm gerri willis. coming up on my show at the top of the hour, new allegations that the clinton foundation is really just a family slush fund. that is one of the big stories coming up on "the willis report" in just a few minutes. ♪ new york state is reinventing by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether.

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liz: we have breaking news. we have a desperate situation in

baltimore. firefighters putting out a car fire. we've been told that is a police car. seven police officers have been injured. one of them is unresponsive. one police officer is unresponsive. this started hour 1/2 ago, where a group of people who have been identified by some police sources as gang members from the bloods and crips and other gangs, working together to attack the police. police did deploy tear gas, david. they are now shutting down some major beltways around baltimore including i-395 and i-83. david: just to show you character of people involved in all of this rioting, they are continuing, those are videos on the right. but they're continuing to smash the car that is burning now, even as firemen are attempting to put it out. it is important to note, by the way, loretta lynch was sworn in as new attorney general. some people are suggesting that, some of what is going on here is being sent as a message to her. but again, we haven't seen a lot of the al sharptons and such

coming down and trying to put some of this stuff out. liz: "willis report" will have much more on breaking news coming up. david: stay tuned. we'll keep you abreast of the markets. what is happening in local news as well. gerri: hello, everybody, i'm gerri willis and this is "the willis report," the show where consumers are our business. oops. that's the defense from the clinton foundation about the cash scandal plaguing hillary's campaign. >> it's a very expensive pattern. there are 11 instances. i think when you have one or two examples it is coincidence. when you have this many to me it is a trend. gerri: we'll have the latest foundation some are calling a slush fund. ford joining the list of automakers recalling hundreds of thousands of vehicles. we'll tell but the newest problem and if your car is safe. ♪ gerri: he promised a streaming service would revolutionize the music wod