nasdaq, earlier it hit an all-time record high. it's still way up there. that's what happens when the big name technology stocks goes straight to the moon. and amazon closing in on $500 a share. what a stock. neil cavuto, welcome back. >> thank you very much, mr. varney. first of all, my thanks to charles payne for doing great work in my absence. but charles payne, really? well, thank you for both of them. and thank you to homebuilders. this could be the start of something big today. by any chance were you looking around homes this weekend? were you sizing up the market, looking to refinance? something is going on, folks. it's been reported that we're seeing record crowds showing up for home openings, that sort of hearing. something we have not seen now for the better part of a decade, but it's beginning to bubble in a couple of key

markets. we thought we would open up with this today because it is most unusual and long before the journal is getting into this. we were trying to connect a lot of these crumbs and seeing if real estate has gotten over just being crumb peep and on these real estate bidding wars that are taking forms in a lot of places >> they are taking form, neil, in a lot of places and the reason is maybe the most interesting part of all of this. any time a story like this surfaces we hear it's different this time. and this time that really may be the case that it's different as the wall street journal is pointing out. maybe not so much the bidding wars are back that basically anybody with a pulse could get a mortgage, it's because there aren't enough gnomes sale. the supply out there is not aas high as it needs to be and why are people not selling? that's also an interesting reason. and in cases cases you have people in their homes as you see the real estate lifting is down 11% year over year and people who don't want to sell or feel like they can't sell

because they can't qualify for a mortgage to get that next home. so they're stuck, and they stay. santa rosa and california, seattle, boulder, boston. these markets that you see homes that are not staying on the market very long, 24, 29 days. all those numbers are down significantly from a year ago and to your earlier point, we are is starting to see the housing stats on the rise up 10% month over month the last time around. but, again, neil, to say that the bidding wars are back is accurate and interesting. but the reason they're back sink probably the most interesting part about all of this because people who have their homes just don't want to sell them. not enough supply out there. >> connell, thank you very much. connell mcchain. and adding fuel to the fire today for maybe getting off the fence and shop around is the st. louis president james who was talking to our own peter barns on this very subject, the likelihood of raising interest rates by september. better than 15%. now, keep in mind if that's the environment that we're looking at and you're looks to get a home and you're afraid

the rates are going to go up. you don't need a rocket science to know that you you need to get in a rocket and purchase that home fast. the construction prices are part of this trend. explain how they're figuring into this, tim >> sure. hi, neil, thanks for having me. so there's a couple of things going on in the housing market. we've got a bunch of people who don't want to sell and can't sell, they don't have enough equity or insufficient equity to buy and sell and cover the transaction costs. what you're seeing now is builders they're focusing on building and of course bringing back that supply chain that's so broken. but they're focusing on multifamily. they're looking at apartments. that's where they see the demand and what happens that kills the starter homes. they're not investing in the starter home involuntary and building those things. so all of the energy and the enthusiasm is going around renting, building apartments and then serving the rental community >> so what does all of this mean? does that mean that these act

as impediments to housing or could fuel it? >> well, the problem is that there's no involuntary on the single family side of the house. so even if you were inclined to go back and buy, you're not seeing the involuntary. eight out of the ten markets that the wall street journal talks about, these are all in california. these are unicorns, you're not going to see millennials having a chance to get into the markets. but then you see the normal markets, atlanta, des moines, did he ever, dallas, you've got strong employment, strong economies, starter prices that you could afford. >> do you think that that could be the problem for the duration of the housing recovery? let's say that's what's going on here. that if the starter market is adversarial affected, especially in these one time cities, then you can't get much follow through if it's the mid- and higher range >> yeah. the housing markets starts on ladders, the housing market that frees up for the involuntary for the person

that's selling to buy up. and then it becomes this virtueious cycle for people downsizing and all of that. if you can't achieve that startup buyer request they can't save enough money for their down payment because they're paying too much in rent or the inventory isn't there. >> and another fed president indicating today telling peter barns, yeah, september more than 50% likely we'll see a rate hike then. how does that affect buyers behavior? do they feel gee i've got to get off the fence now? or this is my moment and if i ignore it, i'm in deep trouble >> there's no doubt that people who have the ability are going to look at the potential for a rate increase as kicking them off the fence. that i was thinking about it. i can't ever pick the bottom in a housing market. but there aren't many opportunities according to a buyer >> well, do you like housing the way it is now tim? let's say you're talking to a young couple and they don't

know what to do but they're believing at this time they should do something what do you tell them? >> yeah. there's direct years between home ownership rates and income growth and wealth appreciation. those things haven't changed, not withstanding the housing crisis. absolutely. anybody who has the opportunity to purchase a house in a good market, the hot markets right now are all of the amendments, they're transit oriented. these sort of urban communities. and i think you're got an afford many wealth creation opportunities like home ownership, the cautionary tails, the future's bright >> all right, tim, thank you very, very much. something else that's great. is a launch of a certain online -- well, commerce sight. jet.com, whether it's an amazon.com topler, is anyone's guess but with a 3 billion market valuation here if it ever gets to that point. lauren simonetti says you've got to wonder. what's going on? >> you do have to wonder. it feels like 1999; right? when you have the nasdaq at a

record high and a startup that doesn't have any and evan likely won't have frozen years to come, neil. it's potentially value at $3 billion. when you put that $3 billion in perspective for you. it's probably the biggest prelaunch valuation for a startup we've ever seen. this is what jet.com says. and, by the way, they launch tomorrow. they charge members $50 a year and they promise to under cut amazon prices even if that means they take a loss. they say by the year 2020 they'll be able to bring in $20 billion in sales. and for them that's a good number. to give you a perspective on $20 billion in sales. that's about a quarter of what amazon does and while amazon is 20 years old, let me show you the evaluations of walmart and amston now. and they're both well above $200 billion. so obviously jet.com at the very earlier stages will be a small player. e-commerce overall, this is a huge market, 300 billion in sales and growing and, by the

way, since everybody is competing with amazon, amazon did a third of that 300 billion last year now >> but as you reported earlier >> yeah. >> don't they lose that jet.com a lot of money on a lot of sales >> absolutely >> because they go to outside vendors, let's say walmart or what have you, and dramatically under cut the prices that those guys are charges >> yeah. they mean a 10% did discount on most items. if they don't have the product, they don't care what it costs them to get the product, they'll get it and ship it to you for no additional cost. so it's all about that membership fee of $50 a year >> all right. thank you very much. and me the last boom that quickly went bust. who says that bubble isn't back? ryan does see a bubble. so, ryan, what do you see that looks like the past rate dividend? >> well, it's good to be here, neil, i'm glad you're back.

tv already looks better with you in that seat, so we're glad with you. >> you're guaranteed a future visit back on this show. but continue your fine well point. >> well, when you look at it, we're repeating a lot of the past behaviors that got us in a bad place. valuations of companies no assets, no resources, no prior sales. i have to go to the bank and when i need to borrow money, i have to basically convince them that i don't need their money, and i have to show them revenues, infrastructure, so, again, we're repeating those sins of the past if you will. and this is a lot of money that they're generating. i don't see how people are willing to make these types of investments especially when you're competing with some of the largest companies in the world that can play this game. if jet.com wants to raise to the bottom in pricing, it's going to hard to beat the amazons and the walters of the world that are tried, true, and tested

>> yeah. they might be tried, true, and tested, but you also look at the fact that amazon itself keeps building and expanding and piles up the revenue doesn't necessarily pile up the earnings >> that's right. and that's the -- >> go ahead. >> thanks, neil. and it is great to have you back. and ryan makes some good points that there are some valuations that are really height. but let's cut to the chase. the word bubble has been used way too much in financial markets. we call every little over valuation a did believe publically, and i think that's what we're seeing here. some over valuations in some precede money ipos that are out there. would take that jet be a definition of a bubble? let's say it's not with the rest of the market. i agree with you there. there are plenty of stories out there this justify what's going on. but jet does bring up some curious issues as to whether it deserves the attention it's getting into the market it's getting >> no. doubt at all, neil,

you're exactly right. and with that evaluation, you have to say that valuation is huge and not yet justified and there's a lot of money chasing this hot stocks that are in the media, et cetera. but that's not a bubble. you can't have one company create a bubble. it's what's going on everywhere. we have had this auto year in tech only 15ipos to date. we're on pace for 28ipos this year. last year we had 55. so that doesn't sound like a bubble to me at all. that sounds like are things percolating higher and higher in a market that's increasing valuation in general. >> all right, ryan, the quick other take on that is that, in other words, we have more curious losers >> yes. >> you know, back in the last bubble than we do if you wanted to find it as such this time. so no need to worry nearly as much as we did then. what douse >> yeah. i would agree with that. i'm really glad to hear mr. shannon say that. it makes me have faith that he's looking at the same numbers i am when trying to

valuate these companies and predict what may or may not happen. i don't think we'll have a total repeat of where we've been in the past. i do think we're smarter. i think there's a lot of money on the sidelines. we have not had a lot of successful ipo launches. so even when you look at mr. lore, the way he's going about it. he had people reaching out to him saying, hey, i want to put my money to work. let's talk about some ideas here. so i love the american dream. i want these types of companies to succeed. i don't understand it from the evaluation process, and i think i like to see things that i can kick the tires, start the engine, i want to see revenues and returns but i start making large investments. and the only concern i have for something like this, neil, is the margins are so slim already. i don't want us to begin that retail race to the bottom that overall hurts the american economy >> we'll watch very closely. gentlemen, i want to thank you both.

and any of you been following hillary clinton? so much attention on donald trump. but hillary clinton has been reagan of a fuss here with the tier guess crest in the tax rate. the devil is in the details. bottom line she wants it to go up. she wants the risk to be more. bottom line she wants to send a message to the bernie sanders, loyalist and where else in the party. i'm still with you. but what does that say so the big bankers she's secretly saying hear me out on this. i'm just trying to get about a bito get that nomination.

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she's really not this way. but this is a new kind of battle plan here. a plan to raise the capital gains tax rate in stages and among various different groups here. bottom line a lot of increases that would raise that rate substantially and keep that theme of going after the rich. charlie gasparino has been following this strategy and -- >> this a pretty nuanced attack and i will say this. my belief is that she's getting this straight from the ceo of black rock, a big ceo of wall street, a advisor >> but focus on the capital gains >> think about what she's saying. you're going to be penalized for short-term capital gains. the way this thing -- at least what we've seen so far, we haven't seen the whole plan yet. that speech is coming. >> it's going to penalize you if you cash in and cash out on very short-term capital gains. that's where the efforts are,

and goodnights encourage what she would say long-term investing. where is this going? holy spirit hillary clinton looking for a wall street bogeyman. she can't go after bankers because they're all friends at goldman sachs. she can't go after private equity guys like barack obama because a lot of her people are in private equity. so he's going after what's known as the activist investors like nelson pelts, she will make them the bogeyman. it's an easy target and b she's going to say they're only in it for the long term gain >> there's nothing wrong with that strategy >> yeah. i mean listener this is bs. let's be clear here. you know, the stabbed trench powers that the black rocks of the world, the big wall street firms, they hate nelson pelts. they hate the fact that he wants to go in there and change corporate management, which is good for the average investor >> but is this too inside -- in other words, bay targeting that rate, is it too hard?

>> well, maybe. i think what she's grappling, and this just shows you the contradictions of her campaign, she needs a wall street wing boy. she can't go after private equity. president obama did it in 2012 and plus they're too close to her. tony james at blackstone is a big supporter of hers. she can't go after banks >> are banks getting, no, sir, with her rhetoric? >> i ask them all the time. they boohoo that or the head of morgan stanley told you >> this is the game. we understand. >> but if you look at her attacks are right now, that last speech she gave me, she talked about short-termism. well, larry has been talking about that for a long time. these are easy populous targets that she thinks she can go after, activists investing, she can't go after the other gays guys. and listen. if it works, maybe he becomes a treasury secretary, something he's always wanted to do >> could you sign the money?

>> well, yeah, i think he's made a lot of mine and now he signs the money >> i just think that's a great position if you want to say 10 for you, 1 for me. >> ten for me, one for you. >> try to get larry and ask about this >> i will have to right away. >> this is coming right out of his playbook >> do you know what i've heard a lot from. a lot of people asking me. >> a listening tower >> and is charlie gasparino friendlier in person? and i said "no." >> you were traveling the country >> yes. i wanted to -- >> traveling the diamonds of new jersey >> yes. and they told me is he really the way? and i said, yeah >> someone said i'm meaner than trump >> no. no. no. >> no one is >> no. he's the junkyard dog >> who said it first? >> you said that. take no prisoners. you both are good at taking no prisoners. but he is the best in the business. i will say that. speaking of donald trump; right? a lot of billionaires.

now, billionaires are saying my man, you're giving us a bad name. after this

>> he's a war hero. 5 1/2 years >> he's a war hero because he was captured. i like people who were not captured >> many republicans are saying donald trump, you're fired. get out of the race. he's done great damage to business titans even thinking for running for office. i don't know if john paul agrees with that, but i don't thinkyuses that kind of language. john, what do you think of that and what donald trump is bringing to the race? what do you think of him? >> oh, definitely. in fact, there's free speech in america and that's good. no matter what side you're coming from. but it's not good for america, and it's not good for the american dreams.

whether you inherent some wealth and build it bigger like i believe donald did or many of us started with nothing and the american dream came true. we talk about what do we do with the money we have to make the world a better place to live. and with all due respect, donald, you can see i'm wealthy, and i'm rich, and i can do this, that's really bad because majority of us aren't that way. if you're a billionaire, it doesn't mean you have a billion dollars in your hand. that means that's what your assets are worth. i happen to also be a vietnam vet and a big contributor to veterans coming back to veterans who come back banged up. so when i hear something like this, it hurts our military, it hurts the image of america, and a lot of people that don't know the rest of us say wow people who made it are like that? hey, there may be a rich against against the poor. so i don't think it's a good at all. it takes away from we, the people.

so i don't think like what he's doing. i know there's free speech >> i don't condone his remarks, but i do see a pile on against him on this, and it will fuel the talks that focus on the messenger more than the message on a way of business as usual politicians. you think my own prediction is i don't think this will hurt him in the polls. i think he will say steady and strong in this race. it could be wrong. i don't see this damaging him much. so if that is the case, then what? what do you make of that? the people, the media is obsessing on this and rightly so. some days cases he's picking up the wrong groups here. but the anger to which he addresses, that's what matters. >> as much as i disagree with the guy, what i do like is he's saying enough things, even though many of them are completely wrong, to at least

get some information out there where a lot of politicians would hit any of these topics because they want all the vote. so donald wants fame, he wants to be even more famous. but it would be interesting for us to talk about. even those that he's wrong about, still hurting certain hot points. so i think maybe estimate some very interesting debate. i just wish the guy would pull back because yong why don't want all of us to want the american dream to come true say what he does, do what he does. and already a lot of things you can do. >> is he ruining it for fellow billionaires? >> i would say the image he's creating is bad because a lot of people can think that others are just like him when when he represents a small percentage of those who want money. most of them want to be low-key. so i don't think it's a good thing. but what i do think is good is at least he's stimulating

debate, which people could be stimulating on. even though a lot of the things people are saying is completely wrong >> but republicans have to react reacting how they react to him; right? he could do a third party thing; right? >> he has nothing to lose. the guy of his has nothing to lose. he has the fame he wants. i don't know if he went into this to become president or more famous. i don't know. but i know the guy has nothing to lose, so he just talks his peace. now, is it good for the whole nation? i don't think so. it's not good for the right, it's not good for the left, but it does estimate debate, and maybe something goodwill come out of it. who knows >> who knows is right. john appall, always good to know. all right. now more on this, by the way. something that -- if you're in the market to get your significant other the real deal when it comes to jewelry, not this fake costume stuff i've been trying to get away with with my wife for decades. apparently your ship has come in. gold is plunging. it's at a five-year low, and

now my wife's costume jewelry is worth more than the actual real material. who knew?

neil: all right. well, paypal popping off after more than a decade it's been held by ebay, lights on its

own right now, doing just fine, almost 7% in a so-so market otherwise. that's pretty impressive. if you are in the market to get your significant other the real thing rather than costume jewelry, your ship has come in. gold prices are at five-year lows. larry glazer, what's going on here? >> i just say it is always a good investment to buy your significant other -- neil: indeed, well said. i don't understand this rapid descent. >> that's right. well, you know, historically gold has held a safe haven status. it's almost an insurance policy for many investors. but like all insurance policy, you hope you don't need them, and that's exactly what's happening right now. the biggest seller of gold overnight we saw was china. so clearly, china -- one of the largest buyers of gold -- is pulling back the reins. so that's a big factor here.

also the weakness in the chinese stock market is causing turmoil in their economy, it's causing people to raise money. what do you sell? you sell the gold. so that's a big factor. but it's not the only factor, neil. better u.s. economic data and a stronger dollar is also contributing to the weakness in gold. look, armageddon is not upon us today, anyway, in the u.s. economy. and finally, the fed has signaled their intent to raise rates. so many people buy gold as a safe haven against inflation. with the fed taking action, inflation again is not upon us, today anyway. so all those are contributing to a rapid weakness in gold along with other commodity prices, i might add. neil: you know, you could argue with the st. louis fed president telling our peter barnes that there's a better than 50% possibility rates go up in september, the fed has fallen behind the curve, a great environment for gold. so you, obviously, do not think that's the case here. >> well, i think it's a great first step that the fed is certainly taking action and, you

know, it's creating turmoil certainly in the currency world and in the bond world, and we may see that spill over into the equity market. we're right in the middle of earnings season right now, but i think as it relates to gold, you know, commodities are the definition of a cyclical investment, so if you want to buy them, industrial metals, you buy them when they're out of favor. and when china, the big buyer of these things, isn't buying, that's when these metals fall out of favor. all those create a better buying opportunity. the question is, can you stomach the ride. and i think that's really the message here. for many investors if you're going to own it the right way and it doesn't come with a user manual, own a small amount, and it's a hedge against some of these other things that are not upon us today, but they could show up in the future, and then you'll be glad -- neil: are you talking about the metal itself? >> sure. well, i think you can buy the etf certainly today. that is the least expensive, most liquid, cost effective way

to do it, but gold minors are certainly out of favor, and that's an opportunity for investors to look at something that's true truly out of favor in a very expensive stock market otherwise. neil: larry, always good chatting with you. for my money ashley webster was the man in greece. even greek voters watched him over anyone else, because he made more sense. [laughter] i want to embarrass ashley. here's why we were talking here, you were calm. you weren't a nut. you talked to people, you were real, you weren't like i'm here in the middle of all of this and creating fire where there was none. if it warranted serious coverage and some of the drama was building, you appropriately covered it that way, but you were real about it. and i was looking around at some of our financial be brethren, shall we say? crazy. [laughter] so it's good to have you back. >> good to be here, neil, thank you. neil: you get back and finally say, whew, now we can open up the banks. [laughter] what is the deal today? >> banks are open for the first

time in, what, three weeks. but the capital controls are still in place. so you can still only take out 60 euros, about 6566 -- neil: each day. >> each day. you can deposit checks, you can't cash them. by the beginning of next week, they'll raise the weekly limit to $400 or 400 euros, excuse me, it's very much a moving target because they're desperately just trying to pay off their back debts right now. they've just got a bridging loan to do that. neil: now, are they concerned in greece that people are going to grow crazy, that everyone will line up every day to make the limit? >> yes, they are. but to be honest with you, when tsipras came to power back in january, all the heavy, big money went to switzerland and luxembourg, 80 billion euros by some estimates. so what's left are the middle and lower class folks who are just -- i spoke to so many people and said how much, how is affecting you, and they're like, well, i don't have much. i can't even take out 60 euros a

day anyway, so it doesn't really bother me. people show ising me their bank statements, they didn't have a whole lot of money in their bank accounts anyway. neil: how are they getting along though? paying their rents, mortgage? >> they are, but they've struggled. this is the sixth year of recession, so they're a bit numb to it. what's interesting, neil, is from the outside, you know, the coffee bars were full, the restaurants were full, the clubs were full. it was, from the outside you'd say there's nothing wrong here, it looks great. most of it was tourism. there were some locals. it was quite interesting to see. the only visible sign there was something really long was the long -- really wrong was the long lines at the atms. neil: we talk about how they don't like being so subservient to the germans, yet in the end they are and remain. did any of them get to the point is this really worth it? is this club so valuable that to break from it would be just heinous? >> um, that's a good question. i think, i think they got to the

point where they're like i don't care. i know it's going to be tough under the e.u., it's going to be tough if we're on our own. we don't really want to go back to the drachma or whatever currency, we just know either option is not great, and they just live day by day. i will say this is the third or fourth time i've been there, and in all the previous visits there was tear gas, molotov cocktails, it was all very tense and confrontational. nothing like that this time at all. people were orderly in the bank lines, i had a lot of lovely people come and chat with me about life in general and -- neil: who was coming up to you to talk about life of in general? >> elderly people. neil: oh, okay. >> as you do with a reporter, happening out trying to look unobtrusive. [laughter] neil: great reporting, my friend. great, great job. >> thank you, neil. neil: but it is coincidental, maybe, that he leaves the country and the banks are, okay, everybody open up. >> i do what i can. neil: great job. of at first when we told him he was going to athens, we meant

athens, georgia. [laughter] he took us literally. meanwhile, we're still trying to get a sense of what the heck happened in chattanooga. but what if i told you we should get a better sense of the guy behind it? where he went before he did what he did in chattanooga? after this.

neil: all right. we're getting a few more details over the guy behind the shooting in chattanooga that ultimately claimed five servicemen's lives here. a lot is focusing on his travels abroad, particularly to jordan only last year and a few years before that kuwait. this if this theme sounds familiar, it should, because in a lot of shootings that have taken place in this country, especially those orchestrated by extreme muslims, whatever you want to call them, they first involved trips abroad. they first involved contacts abroad.

mike baker is trying to connect all of that. of mike, what are we to make of that? we're getting more on the travel itinerary of abdulazeez here and others like him, but the preview attraction was going abroad. what do you make of that? >> right. yeah. and it's not just with incidents that have happened here in the states, it's over in france, it's in germany, it's elsewhere around the world. the travel back and forth, the opportunity for the radicalization to take place possibly on the ground during trips back to the region, to the middle east. and whether that's in, you know, a committed training camp where the individuals travel to in syria or iraq or whether it's just through contact with more radicalized individuals through whatever process, it's an important aspect of this. and that's exactly what the investigators are doing right now. the jordanians have already mounted their own investigation at our behest. the kuwaitis as well. and the big question is, look, i

mean, some of his friends have stated since the shooting when he came back from this trip to jordan for the six or seven months that he was there and elsewhere possibly in the region, he was, in their words, a different person. neil: now, it's easy to play monday morning quarterback, and i'm not here to question our authorities, but is there a way we can cross-reference these kinds of travels? it's a region you're focused on. it would involve, obviously, profiling because the people you were focusing on who are traveling, and i know that raises all sorts of, you know, inpolitic remarks and all that. but i would think that the pool of potential candidates you're watching is smaller than going through 120 million americans' phone records. >> no, it is, absolutely. common sense would tell you that, yes, we can establish parameters that would help us

identify individuals traveling to that region. now, is it profiling? sure it is. do i have a problem with profiling because it's a pragmatic thing to do? i don't have a problem with it. look, at a point where the danes or the swedes, when they become the terrorist problem, let's profile them. i don't care. let's -- we've lost the ability to be realistic in the way that we deal with threats that are staring us in the face. neil: burke mike, what do you think happens when they do go abroad? and you're right to mention men and women, young women who have been wooed in a way that they hadn't been prior to their either going over there or communicating with people from that neck of the woods. what happens? what is the indoctrination process like? how do they feed off an individual's frustrations? what? >> well, they're looking, often times they're looking for disapeblghtfected, unemployed, easily influenced individuals who have problems. that's the nature of the game. you remember tamerlan tsarnaev back in 2012, he went out to gag

stand and elsewhere -- dagestan and elsewhere. they were looking at the exact same things they're looking at now with abdulazeez and the chattanooga shootings which is who did he talk to, who did he associate with and how, and to what degree was there training or some sort of logistical support given to the individual? now, you know, the family of abdulazeez is saying, they're implying he went over to jordan, spent time with his grandfather to try to get him away from some of the trouble that he'd been experiencing. neil: right. >> and that may be the case. but what we have to identify is during the course of that was there a process, did people he came in contact with look at abdulazeez, say, again, here's a perfect target, an individual with troubles, with problems, he's got a u.s. citizenship, so he's a very attractive individual from that perspective, and they suck him in. sometimes it's not an overt process. as with a lot of times when

you're recruiting human sources for whatever purpose, it's a slow, subtle process and eventually you get them turned. and when he came back again, in the words of some of his friends, he was distanced. and that is something that we, we're having a very hard time with, getting families to self-report on members of their family. imagine trying to convince a mother to report to the authorities that her son appears to be becoming radicalized. that's a heavy lift. neil: you know one thing i notice in all these cases, he was such a nice guy. you always hear he was such a nice guy. apparently not. >> yeah. neil: mike baker, thank you very, very much, my friend. all right, if you are following the apple stock or they just love their cool gadgets, tomorrow is the day we get apple earnings, and we're going to find out how many apple watches were sold. now, if the market is worried that they didn't sell nearly enough of these things, it certainly has a funny way of showing it. why is that? charles payne is next. ♪ ♪ my name is anne. i'm one of the real live attorneys

you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. but it is not the device mobithat is mobile, it is you.

neil: all right. are you starting to see a trend here? whether it's ally flexion of maybe the globe are -- reflection of the globe slowing down or the fact that it's just had a runup that can't be justified, look at what's going on in crude oil, down 60%, and you look what's happened over the last 12 months or so, down 51%. whatever is going on here, a lot say it's a currency play. i can get into the gobbledygook as well as anyone. for you at the pump, that could be good news. others worry that the dow components that have energy themes to them, that could be very bad news for the markets. way too early to tell, but i thought i'd pass it along. meanwhile, tomorrow we're going to get the news out of apple. but more to the point, how those apple watches have been doing.

now, to read the stock today, obviously, investors are getting giddy and a little excited here. is that justified? charles payne on what to expect from apple and why it remains such a crucial bellwether. what do you think? >> because it's the quintessential product that everybody loves around the world. it's the one product -- get this, neil. they make 92% of smartphone profits. neil: is that right? >> 20% of the market, 92% of the profits. think how mind-boggling that is. neil: we're not talking sales here -- . >> the profits. you know why? the average iphone goes for $624, the average android goes for $585. people are willing to pay 200% more for the apple product. that is the ultimate -- neil: will that translate to this much-hyped watch? >> it hasn't so far, i don't think. neil: yeah. what if they confirm that? >> they might hint around it. they may hint around it. i think what's going to make up for it, listen, we sold more

ipods than normal, tablets. tablets have been in a freefall. the bigger phone means that you cannibalize the tablets a little bit. but i think it's going to point back to the fact that the phones are the main driver -- neil: does that refuel the argument that they're a one-trick pony, that they fend on that phone -- depend on that phone, but that doesn't last forever? maybe it does. >> you know what's next is the apple pay. when we take our phones and we go into the store and we pick up a bag of chips and we just wave the phone and keep walking. neil: see, i do that in stores -- >> as long as a security guard -- i said, oh, i'm sorry, i thought i had my apple phone. neil: it's gotten to be very easy. the apple pay is going to be amazing. that's the next leg of this whole story. look at the volume today, on an up day -- neil: why, what's going on today? >> because it's ahead of the earnings. think of all the tech names that have reported and gone straight up in the past week. google had the best session ever when they reported.

netflix had one of its best ever, amazon's at an all-time high n. the last couple of weeks, it's been smarter to be in these things before they report than try to chase them the next day. neil: i wish we'd had you at the outset, we were talking about the whole sensation around this new commerce site and that the bubbles and then the substance -- >> you know why i'm not worried about that as much? those are well-heeled investors who are making those investments. that's not ma and pa. in fact, the average, ordinary investors has gotten so much smarter, they didn't chase etsy, the ipo. neil: i misspoke, by the way, speaks well for this -- >> no, i'm saying jet.com and the private valuations of uber, airbnb, those are all big wigs playing a big game. what i am worried about is when they try to foist these things on the public. i was hot on fitbit, you know why? they only raised 66 million in the private sector, and then they went public.

they let the people who used it get a legitimate shot at buying this thing. when they go public, they're going to use the people who use their -- i feel like they sort of are mistreating their own customers by not going public two years ago or a year ago knowing that stock are going to buy the stock at any level, at any valuation. i think fitbit did the right thing by its users -- neil: you're not making an endemic statement against the whole technology -- >> oh, no. these are boys down in silicon valley. if they want to put $3 billion in a company not making money, god bless 'em. but i'm more concerned about the ma and pa watching this show, and they have been smart not to chase these things. if silicon valley wants to slip one out every now and then, i think they're going to be smart enough to avoid it. neil: charles payne, thank you very much. we'll have more right after this. but to get from the old way to the new,

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>> he is talking up renewed relationships now between cuba and the united states that of course has been out there forever. we kind of formalized it today, opening embassies in each other's country. blake berm awith the latest on that because this is happening without congressional approval. >> it is indeed, neil, these were executive actions that the president ushered in, basically sought out these cold war era that allowed for more travel to the island of cuba, diplomatic relations and the like. i've got to tell you, neil, when we saw this ceremony out here on a very beautiful, hot dc day out at the embassy here, there was a crowd of a few hundred and many of them were chanting lift the blockade. and while the president was able to usher in these executives actions at the end

of 2014, this is just the beginning, not for the administration but for a whole lot of people who want to see more change down the line. but at this point we know that this is up to congress to be able to lift that blockade and there are so many more political issues besides that. the executive actions the president has already made. there's also the ambassador republicans are saying they might not confirm this ambassador and then the u.s. embassy over in havana, whether or not that will be funded, that is another thing that this who are against these opening of new relations are trying to hold against the administration. neil >> thank you very much. blame berra as he pointed out think of all these executive actions. all the health care and everything else. so you can gif him a lot on that, but a lot of these epa regulations, they were started by executive and on and on we go and even the slowing down in the deportations here that the courts have also right up

to the supreme court or short of the supreme court i've also said the president has gone too far but yet continues. so we've got the ashley pratt and david mcdowell on these executive fee at statements. what do we make of it? >> that there are going to be more and more of them leading up to when president obama leaves office. there will be more and more room making for sure whether it's writing additional rules under dodge frank, food safety, you name it. the president's going to try to get it done. and let's not forgot the over time rule. the labor department >> that's right. >> has raised over time threshold for up to 5 million americans and that was done by executive action. so a lot of this -- a lot of the president's agenda is being pushed through not with congress. but of his own order >> and, you know, a lot of it started with this is what i want to do, kevin, with the federal workforce and then it expanded into you better act in kind, and that's what happened. and it did remind. i don't care whether you're rapport democrat.

just the power of that office and really leveraging it. the question hee here is whether you're doing so constitutionally. what do you think? >> absolutely. president obama said he'll be using the power of the ten. whether it's from immigration, health care or of course to could you be wab to the iran deal. there's just so much going on with how he's expanded the office of the president. and, you know, with the anniversary of frank, i mean just tomorrow the comments here closes on more regulations of financial advisors. so clearly the administration is trying to finish out president obama's term with more executive orders >> you know, a lot of times president's do this in and in rapped succession, ashley on a rapid number of areas too to confuse you and think that i'm going to blitzkrieg you as fdr did and when it came back to the supreme court, you went a little too far on that one. but my point is that you get a lot of the other stuff you

wanted. so to the president's credit, he gets that. what do you think >> well, that becomes a lot of the issues here. he just makes these decisions which he thinks are, you know, great for country when honestly a lot of these are working in detriments to the united states. if he look at cuba today with the embassy opening here in dc and then we have this whole issue with iran now. i just don't see how we can honestly think that these things are good deals for the united states for our economy, or for our people. and that's just how he views his presidency. he can do whatever he wants with the power of his pen just like the student loan example. i mean he says i'm going to forgive student loans. i'm going to do this, and now with students -- you can actually now go to free community college. and it's just become this whole idea of spending, which i think is absolutely atrocious because we're never going to nail down our budget and deficit if we continue to spend since then >> well, you know, there's a message, and i know you and i have touched poth this idea

that even if you don't get your way, you will put it out of the public debate, get immediate to portray what you're advocating is a good thing. and eventually force change. it is more than coincidental to me that walmart, mcdonald's, started raising their minimum wage, but it could also be heavy out of washington >> also at issue when the president makes a lot of these moves even with the passing of the affordable care act, the good stuff was early on >> right. >> you see that with a lot of these different reasonable doubts, like, with cuba, for example. what will open up more than likely at first is travel. that's something -- once you push all of these things through, will an elected president come in and try to repeal them? very difficult to do, particularly someone who is used to the over time rules.

are you going to have enough to repeal those? if you're marco rubio says he has enough guts, if he got elected to the presidency, he would reverse what's happened with cuba. easier said than done >> yeah, so he'll push through a lot of things, and even if a republican is elected to the white house, they probably won't be reverse, even like obamacare >> guys, thank you -- go ahead finish that point >> neil, i think it's important importunate there. you said force change, and looking at that. that right there is a statement in and of itself. the president is trying to force the government to mandate its people and its businesses, and its operations, and say this is what's best for you without actually making it better for the people. and i think that's something to point out here as we extend our relations with cuba, which are has been to their detriment for a very long time. the government thinking that they're better and forcing their people to do things >> what's happening is much of the media isn't fighting on it. so, you know, that's the way it goes >> that's another issue >> thank you, all, very, very

much. now, there's something else that the administration is doing that bothers those libertarians out there on the left and the right. and it's this idea of going through the racial data it gets on individuals. either health care or a variety of other government systems in place. katrina peterson has been following that. can a tureen wab what's going on here? what are they doing with this data? >> so basically what's happening now is this is another forced federal government program that's -- they're calling it diversity. they want to take people with unequal income and put them in neighborhoods where they're a little bit higher. but here's the thing. they're using grand money. grant dollars to articulate where people can and can't live. but the key here is it's grant money. so they're really not putting you in wealthy neighborhoods, they're putting them in middle class neighborhoods, neighborhoods that are already accepting grant money. and if your neighborhood is prewhen it comesly white, they're going to force you to

bring in sectioning housing and high-rise apartments. and what's happened over the last few years, you actually have been fighting your city council because they have been trying to do this and couldn't get it done at the local level. that's why you see now it happening at the federal leve >> well, i'm not sure i get everything you're saying. but are you saying that they are rigging the data, which they have >> yeah. >> for their way to get the results or either let's say on any issue, to keep it raciallily diverse workforce, housing, neighborhood what i mean? >> all the above >> they control the, they control the area, they control the states to present the arguments >> yes. the federal government is actually the one creating the data and then they're giving this data to civil rights activists to take that data down to the local level to force local entities to put these programs in place. and they're tying it to grant money. but what happens when cities start reducing the grant money? the key here is many of them have already accepted it. so this is now just the

enforcement tool they're going to use to force these communities to integrate accordingly >> but they haven't done that yet. your fear is it's a matter of time >> well, it is happening right now. you will see many of these are taking the grant money and implemented into their 20-year growth program >> in other words, if you want to still get this -- i understand. if you want to still get this money -- >> yes. >> -- this is what you've got to do >> this is what you've got to do. but people don't want it because if you are flavoring single home, family system, do you want a high-rise apartment complex behind you looking into your backyard? the communities don't want it. this is going to force them to do it >> all right, katrina. thank you very, very much. well, while we're on this of what the government can and can't do. there's been a push to require those with much higher salaries to get over time if you went over $250,000 a year force over time for you. it wasn't an issue unless you

were earning around the mid-20s. that has changed. but what if i told you the flip side of this could be lower paying part-time jobs for everyone. after this

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because they're getting comcast business internet. comcast business offers convenient installation appointments that work around your schedule. and it takes- done. - about an hour. get reliable internet that's up to five times faster than dsl from the phone company. call 800-501-6000 to switch today. perks are nice. but the best thing you can give your business is comcast business. comcast business. built for business. >> all right. we've been following josh so you don't have to. and then he is -- mentioned this whole thing with donald trump and his criticism -- trump's criticism. senator john mccain that he's not a hero. apparently the white house shares the views of senator mccain on this one that the donald should be apologizing to vet principals donald trump has indicated in interviews since that he doesn't

apologize to anyone and the media is making a bigger deal about this than should be. but it's up to trump to apologize to veterans because he's insulted them. in the meantime nothing insulting what's going on in facebook. zooming in on $100 a share. usa today got the ball rolling that it might represent better value close to the 90s, that was in the '90s, and might be a new technology bellwether that google was ask is still the facebook and could be more. up again 2.5%. up nearly 22% on the year. leading at tech run that has the nasdaq in record territory. now, again, you've heard of the latest shark attack, the one caught on camera. but it follows the heels of other shark attacks we've seen pretty much around the world that's reawaking beach goers no matter where they are to the sharks. they're out there. robert gray with the latest on this one. robert gray. >> hey, neil, thanks so much. we've been keeping our eyes

peeled out here on the coast of malibu just north of los angeles. and you can see fins out here, the good kind as old time surfers told us a little while ago talking about dolphins. and if you haven't seen the video, i think on facebook on 50 million hits by now. this is three time world champion and the defending champion after that particular, in any event, south africa, attacked by a shark during the event. now, the world receive league telling me earlier this morning, that's the first time in 40 years a pro surfing tour that they have recorded an instance where it happened during an event. surprising to say. but it's the first attack in south africa and we are seeing the shark attacks rise. 49 so far this year. there were 72 last year. but if you go back a decade ago, they were only in the mid-50s in 2005. you're looking at 58. six faye take that already this year. that's the fatalities, now,

that has been the up particular. now, the ceo of the world surf league he says it's incredible he got away with only a few scratches and we should also say it was another surfer who came to his aid and a third man in the water, a photographer waved off the jet skis. he swam back to shore. back to you. >> we do mention these incidents all over the wold, and they might be a confluence of odd timing and odd events. but do experts say -- we are seeing more sharks, more dangerous great white sharks, what could be triggering them? >> so far the best explanation there's more of us and more people taking t to the water, neil, and, you know, just seems to be right if you look at the numbers. the up particulars being higher and certainly you can see it on youtube. it makes it more real, more meet the. >> robert, thank you very much. and we thought we would share that video with you with the

guy fighting off the shark, because you might not have seen it, which puts you in the company of three people in the world who did not. and there's a over time rules that are actually going to backfire. in other words, the requirements such that bosses will say, you know, what? you can't deal with this. you're a part-time worker now. sabrina schaffer says that's what's going to happen. all right. so i kind of trivialized your views here. but you're saying that people are over reacting. that's not what's going to happen. what douse to that? >> yeah. i don't think arguments. what we have to account for is their time. i mean this is a law that has not been updated -- i'm sorry rule that hasn't been updated in almost four decades i believe. so since inflation has naturally made it obsolete -- >> pretty dramatic though; right? your boss wouldn't you be inclined? that's a big requirement

>> yeah. sure. the best labor is free labor; right? if we could run free labor everything would go well >> they're going to make adjustments >> you pay me for 40 hours a week, everything above that is free. >> up to 53,000. what do you make of that, sabrina >> the best way to ensure we don't have economic growth is our government gets into the business of micromanaging the work the place. whether it's mandating benefits or regulations. it doesn't take a whole lot of logical leaps toes what's going to happen here. businesses are probably going to reduce salaries all across the board in order to -- >> but to joe's point, can we avoid all of this drama? i understand the government should be setting pay. but if you are going to go to this route, just index to inflation so we don't have this debate, and then the adjustment is so dramatic and so jarring, a lot of bosses do either get rid of employees or make more of them part-time

>> well, that's one option. but we have to remember that currently the flfa, the fair labor standards act is already in 2014 established that people who are making less than $23,000 a year already have to be compensated with over time pay. this is more than doubling that in this ten-year period. so it's a rather substantial change and one of the biggest concerns, and i obviously have an interest in working women. but one of the biggest concerns it's going to limit flexibility and pay for all workers, which is not the way to encourage economic growth >> so you don't see that happening. but do you think it could be a problem for hillary clinton or any other democrats running if it looks like democrats are in the business of policing business. >> no. i think it looks like they're in the business of protecting workers because the worker that is making $25,000 a year -- >> is it fair to buy

willy-nilly raises. regardless you think they can afford it >> well, the minimum wage is there to protect workers to make sure that you can't keep people in poverty and then continue to exploit your workforce. this is about protecting a vast majority of workers out there. now, here's the good news. most businesses aren't going to be affected by this because they have over time laws in lace. in fact, in a state like california that has strict wreck regularlylations over o over time, a lot of people won't quantify. their threshold is 40,000. so you're moving it up another ten. so this is bringing those states >> -- >> i hear you >> into a safer territory >> okay. but i could look at all of this and just say get off my back. all of you. between all the health care, get off my back. >> of course. >> no one's watching what i'm doing, i can do whatever i want. >> they're not all evil people. >> of course not >> and a lot of the guys are business owners >> and they're not going to be successful because they've been obeying the rules before >> let me point out one thing, which is that mothers are flexibility maximizers.

and nonmothers are salary maximizers, and a law like this is going to hurt both of those groups. so it may see on the surface that the democrats benefit from this, but this is a big opportunity if they are willing to take the chance and get out there and really explain that to people. >> having a working mothers every hour paid for fairly is what this does and recognizing that they -- >> and a professional >> you know, what's good about both of of you. what's good about both of you -- you want the last word, but you're very effective as doing so. touche. thank you, guys, very, very much. in the meantime, this whole donald trump of what he said about mccain. what have i told you this is helping the trump? not hurting. when it comes to raising money, it's really helping him. one of his top fundraisers. next

>> we do have a business alert back here on cavuto to talk about two groups of stocks, the tech stocks are doing well today. the second group not so much. amazon, which, you know, has hit an all-time high now three sections in a row. almost $500 up another $7 today. facebook neil mentioned a little while ago, up # 3% and apple earnings is higher by 2%. so nasdaq all-time high 52.27 is where it stands right now. tech stocks good. gold. not so good. that has been the other side of it today as the price of the metal itself has done begin down and the bug as we call it, the bottom of the screen shows us larger now for your pleasure down by $25. so as gold goes down, expectations of a fed rate, stronger dollar, that kind of thing, can the the gold-related stocks are taking a hit, some of the bigger names of the world have been

dropping along with the metal royal gold freeport, all down. significantly. new montgomery down by 11% today. so there's being your momentary break from talking about donald trump. >> fortunately, connell, there's still time. but i like the reference to gold. you were doing like the frankstein. gold back. that was very, very impressive >> well, >> all right. you might have heard about donald trump and some of these controversial comments. well, we've got a top fundraiser and he's here to respond to all of this. robert, is this making your job tougher, easier, what? >> it's not making my job tougher. as a matter of fact, listen. if donald trump rips the scab off some issues to make his point, then happy days. you know, >> yeah. but i mean that's gone a little far, isn't it? >> no. look, this political

correctness in this country has gone way, way, way too far. let me give you an example. martin o'malley the other day said that black lives matter, white lives matter, all lives matter. and he was bombarded with the complaints and people were wining, so then he apologized for the remarks. because of what? lives matter -- >> no, i understand what you mean. but how do you feel? regardless of your view on senator mccain, regardless of your view on republicans. and donald trump has made a lot of very powerful profound pounds that have resonated with america. do you feel a comment like that it was heartfelt, just spur of the moment was incentive? >> you know, not only the illegal immigration comment, but this comment has been

blown up by the media. not you, neil, because i speak the truth, and we love you for that. let me tell you something -- >> wait that -- and i believe you. i think he resonates a certain way. i see it in polls, i see it in the reaction in the crowds. but this other stuff, maybe you're just not up to the job because in the middle of saying those profound things about our profound losses and trade agreements and us getting the shorter end of the stick, which is very clear we have and do. this loses that argument for him. what do you think >> no. i think it brings the argument the forefront. i don't think this arguments about immigration and these arguments about how poorly the veterans have been treated >> all fair game. these other republicans who is all right, donald, that's it, and using this as an excuse to say drop out of the race. do you know whether donald trump has considered that? >> listen, they would love for

donald trump to drop out of the race. but donald trump is not going to drop out of the race >> how about running as an independent? he could be very powerful there and governments might woo the days >> yeah. he's sucking all the oxygen out of the room for everyone. and, you know, what? he's not going to run as an independent >> how do you know? has he told you that? >> no. emphasis of not told me that. but what do you think >> what do you think if he would? >> i've made some predictions on your shoe and they've come to fruition. he's going to be the next nominee and the next republican president of the united states. >> but that would mean the others would have to rally around him. they don't even like him >> well, they don't need to like him because the american people like him. and they are the ones that are going to be voting for donald

trump >> well, you're right thus far. he's holding out on the polls. >> yeah. and he's moving -- and he moved up in the iowa polls just recently >> yeah. >> so he's now in second place in iowa. and, you know, you and i have to bet dinners because i really want to -- i really think that he's going to be the next president of the united states >> well, if you win, it's going to be -- if i win -- well, it could be windy >> let me tell you one last thing >> sure. >> the 59% of the american poll thought the american dream was now unachievable. so now when they see a guy like donald trump who basically embodies the american dream, all the things that he has built, all the things that he has been able to achieve in his lifetime and when he stands up in front of me and says he's going to make america great again, they

stand up -- >> well, you know, people are getting confused by the messenger versus the message. we'll see how he survives these latest comments. there's definitely something of what you said because the media does focus on him, his bigger than life ego, which does seem to resonate with voters. robert, always good to see you. thank you very much >> thank you, neil. >> over to jolly. in case you hear, david cameron, the prime minister has planned to tequila islamic extremism today. that's the good news. the bad news is it's going to take five years to implement. five years. after this can a business have a mind?

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>> this is how i believe we can win the struggle of our generation. countering extremist ideology by standing up and promoting our shared british values, taking on extremism, all its faults both vie learn and non-violent. neil: two things wrong with that for one thing he wasn't miced. for the second, he is talking about a five-year plan to deal with islamic extremism which is a pertinent issue today. terrorism analyst says david cameron's speech was indeed he excellent but the time frame could be a program. eric, what do you make of that? >> neil, number one, great

speech, hitting all the right notes, a speech president obama would not give by the way but this radical jihad islamic threat is imminent in britain even more than the united states. we had up to 700, british citizens leave their comfortable homes in the u.k. to join iraq and syria. neil: isn't already too late for them over there? you could make the argument they allowed all of these with very open immigration policy. they have allowed a lot of nefarious characters in, certainly not all, but the very ones causing them grief right now? >> sure the train in many way, neil, has left the station. i walked in niece communities in london in east london and great britain, where these are large muslim communities and unfortunately some of these communities are not assimilating as cameron said today into british society. so they have a long, long road to go here. five years is not good enough.

half of those isis recruits, british isis recruits already returned to the u.k. i'm sure they're not getting a job in mcdonald's now that they're back in britain. neil: say they're all there. even the government can't account for presence where they are. they might not have anything on them. they can account for their presence. as we discovered this country, whether we have the will to do it or not, getting them out. country even kicking them out on light charges is next to i'm possible. >> it is. it is interesting because tony blair, the previous british prime minister 10 years ago, neil. after the london 777 bombings, vowed to deport extremist clerics from great britain, i can tell you, neil, they are still active in britain. a lot of tough talk by david cameron, sounded great. five years two long, imminent threat, britain is up against it.

neil: he would be out of office by then anyway. we shall watch closely. thank you very much. he is a mexican drug order and on the run and caught the world's attention and fancy not only for inside help he had and cachet his very name engenders but my next guest says there is little point even trying to nab the guy because we just might never do so

>> we're back. it is fox business brief time. i'm connell mcshane. and with the british open wrapping up as we speak, dramatic finish at st. andrews. we'll look at some golf stocks. golf related stocks. under armour, start there. if you've become a jordan speith fan looks like he is under armour guy. he is coming up short but you never know. he is a stroke off the lead. steph curry the basketball player, so under armour up two bucks. not to be completely outdone even though tiger woods stinks, nike does not. all-time high for nike. rory mcilroy out, tiger sphinx but nike is great. british open in focus, dick's sporting goods, inkfer so rand

making carts on country club circuit. we'll see how the open finishes. back after this.

neil: all right. in case you ever think the guy they call "el chapo" is anything like those two prison mates broke out of the upstate new york facility a little more than a month ago better think again because former prison mate and former mobster said even he

is caught he won't stay locked up too long. what do we know about him, and why no one even knows his whereabouts right now? >> hi, neil. what do we know about him? he is a billionaire. that pretty much says it all. talking about a billionaire. not talking two broken down have leases like sweat and matt running towards the hills in canada. neil: greased the skids for a lot of people to get him out, right? >> yeah. this guy can buy off people like anything. this guy could buy, he probably could buy a president. he is a billionaire. and that, that speaks volumes down to latin america where corruption is rife. i spent, for my series, i spent about three weeks down in el salavador i spoke with the politicians who made a truce gangs to cut the violence. they were willing to negotiate with gangs. i said straight up we can't do something like that in my country.

politicians can't sit down with gangs and talk with them and negotiate truces as if they're fellow politicians or diplomats. listen, the justice minister who i spoke with, listen this, is not america. this is how we have to operate down here to cut the violence. at end. day if it works for us it is real politique. that is how we do it. neil: let gangs fear that the politicians would sully their image. having said that, you know, he is out. he has threatened donald trump for his mexican comments. how serious do you take his threats, against donald trump. against a lot of other drug lords to helped throw him in the slammer? >> it will depend on what he wants to do. he can kill donald trump. there is no question about it. he could buy somebody willing to give his own life, willing to maybe do something for his family before his family. rescue his family out of poverty. he could take out donald trump. neil: that is how he made a lot

of money in the past. he looks after, out of luck or depond dent guys, says go ahead and do this for me. you will probably die but i will protect your family, right? >> yeah, absolutely. he is a street psychologist. he knows how to manipulate people. he knows how to use his money. he didn't become a billionaire by accident. he is a sharpfy. the other thing, neil, when i was watching this guy, video led up to him disappearing in the shower hole, i watch lifers pace their cells. this is pace of dejected man. this guy was pacing with great anticipation. he knew something was happening. i would have looked at video, this guy is waiting to get out of the cell to kill somebody, maybe exact revenge on somebody in the prison or waiting for a helicopter to come. i wouldn't guess it would be underground tunnel. but i would guess he is waiting an anxious about something. sure enough he got out of there. but he is a serious guy.

i would take his threats serious if i was donald trump. i would watch my mouth if i was donald trump. neil: little late for that. you're right the difference is money. he has got a lot of it and that can buy a lot of friends, right? >> billionaire. you know no matter where he goes in the world as long as he has access to the money, which may be a reason why he stays in mexico because where most of his money may be. i follow the money trail. find out where the money is and probably where the guy is going. the other thing we do in the united states, i've known people, friendly with two men who made the list on "america's most wanted." the pressure that the united states put on their families made their decision to remain at large so hard, do i remain a fugitive and torture my family for the rest of their lives or do i give myself up. i don't know how hard the mexican government is playing that card by pressuring anybody around him. i know that his son was tweeting pictures and stuff, what have you.

i don't know what they're doing but i know here in the united states the first thing they do, they go hard after your family to make sure if you have a sense of love for your family or care about your family, is there question do i do this anymore. neil: louis, thank you. >> i'm not sure they are, neil. neil: food points all. thank you my friend, very much. you know about the ashley madison site. you can cheat to your heart's consent. for cheaters, male or female, it has been a sneaky little oasis. now it has been hacked and all you cheaters have been exposed. what are you going to do now? ♪ ♪ ♪ the ones with the guts to stand apart - join a league all their own.

♪

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you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people know you're already shaken up? liberty mutual's new car replacement will pay for the entire value of your car plus depreciation. call and for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch to liberty mutual insurance and you could save up to $423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. neil: we're getting word just into us that u.s. military officials are telling recruiting centers to step up their security. this is in light of last week's chattanooga attacks that killed five servicemen.

we'll keep you posted on any further developments but obviously something warranted this upgraded threat alert. in the meantime interest rate alert. if you had any doubts the fed was poised to do something and soon on rates peter barnes removed all of that in a exclusive chat with the st. louis fed president james bullard today. peter? >> reporter: that's right, neil. and he sees it likely the fed will start to raise it interest rates at it is september meeting. he sees inflation coming back and job market improving with unemployment rate below 5% by end of this year. he does not want the fed to get behind the curve on raising interest rates. here is what he said. >> unemployment rate of 5.3%, that is very close to a lot of estimates of sort of the natural rate of unemployment but what's going to happen, that's going to continue to fall over the next two years and do you want interest rates to still be zero when that is occurring? i think that is the problem we

have to think about. that is why i think it is prude incident to shave our bets and move up as the improvement continues. >> reporter: but he cautioned once again all of this is data dependent. he said when the fed starts to raise rates the pace of increasings will be gradual. neil? neil: great job, peter barnes. trish regan on that what happens. i don't think it might be one and done and stretched out but it might happen. trish: they talk about gradual, i don't know that it will happen in september. i think the jury is out on this one. i think you have a very dovish janet yellen finds herself in situation she really doesn't like because the dollar is getting stronger given the european situation we have been watching. as europe continues its weakness, i don't think that because greece got the bailout things will dramatically increase there, that u.s. exports will suffer.

the fed had an opportunity, they should have taken it a while ago, now they're in a situation where it gets tougher and tougher for them to raise when the rest of the world eases. nonetheless they should do it. neil: baked in the cake but what if it isn't. trish, thanks very much. coming up in a few minutes. say you're a friend of ashley madison and love to cheat on your spouse or significant other? well the flip side is the place has been hacked. all the info and your picadellos are out there for the world to see. jo ling kent, dagen mcdowell, connell mcshane. >> what? what is the criteria for the panel. >> only person in the building remains semicomfortable discussing this. neil: we saw connell on the phone for a good long time. what do you make of this? >> 37 million people signed up for this thing? this is the best story ever.

i can say i'm not involved. you won't see my own name. neil: doth protest -- >> rooting from hackers, from my perspective, from the business side. i'm sure dagen and jo, can talk about that, this has humor potential. neil: destroying lives here. >> my apologies. >> what do-gooder hacker is doing the lord's work, outing all these people potentially? >> that is the argument, right? the hackers claim they wanted to hack this site pause the full delete opportunity on option wasn't actually true. so -- neil: what is the website? >> don't act like you don't know? neil: what is that? >> supposed to have option to fully delete all of your account information but the hackers claim, oh, no, that is not true. you still leave the credit card number in. they're still linking that. neil: what did they do? someone has information like the snowden deal for a site like this. they are going to use it on

someone, right? >> there is so much potential -- go ahead, dagen. >> no. i was going to say ashley madison called in the authorities. so they're trying to crack down on this. >> that anybody has to value, to be serious, secrecy and security, i mean they may already be done. the damage may already be done to this company. i don't know that we care but if you're ashley madison.com and this is out there, who else, who would ever use this again? there are other sights that do this? >> i can't say i'm familiar. neil: bakery products, oh, my god. >> of course you did. neil: something very, very different. >> the company hasn't responded. they said we've been able to secure our site supposedly and close the unauthorized access points. we are working with law enforcement agencies which are investigating this criminal act. and they also deny what the hackers say was their original argument, that the full delete option is not available. in fact now avid life media which owns ashley mad says we're

making full delete option available for everyone. >> apparently not. neil: apparently not. connell said, apparently not. >> anthony weiner is stupid enough to send photos of his private parts over twitter, you know some people in higher places have been on this site, right? >> that is a big number though, 37 million. >> very high. >> i question whether that -- >> that seems way high. >> it is all spouses looking to see if their spouse is cheating. neil: did you say 37 million? >> yes. >> that's what they say. >> supposedly they have or, could be fake accounts. neil: not the same guy 37 million times? >> i don't know. no know enough about it, neil. neil: all right. >> seems like a very big number. >> lesson here really is, if you don't want to share something, do not sign up for anything on e-commerce or ashley madison or amazon because that information of course being stored somewhere. these apps don't disappear. >> if you're a politician with a

lot of -- you're out in bar looking to pick up a married woman. neil: if you're trying to make up with your spouse, gold is falling today. get something cheaper than it was. >> well-done. neil: look at gold right now. five-year lows. so if you want to save your marriage and make it all go away with a cheap trinket, maybe, maybe. >> if you start giving that advice -- so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep them all digital. we're looking to double our deliveries.

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trish: everyone, we have to the gold closing the day here at a five-year low. this is the intelligence report. we're watching right now as gold settles out, increasingly bullish on the idea of a rate hike from the fed. check out prices. see 11:06 -- 1106.50 is the trade. as dollar ruses. st. louis fed president james bullard telling our peter barnes