our viewers have corrected me and i will be eating dinner at, well, 4:30 in the afternoon. that's what i do. >> the senior special. stuart: wait! he's back. show him! neil cavuto is back! >> you're just upset because you walk into mcdonald's and say i'll have some porridge, please. [ laughter ] >> i'll have some more. neil: it's not happening, thank you for all your subing in my absence, my friend. very good to see you, i want to thank a lot of people here including connell and dagen and david asman and charles payne all doing great work in my absence. you're welcome, america, i return and the stock market is up. [ laughter ] >> really. i did notice when i left, when i was last here, i left asman and dagen with a market at 17,477.

>> it's our fault? >> about 1300 points lower since. way to go guys. connell mcshane has a lot to do with that and the triple digit movement. you've seen this, right, connell? >> what day did i host neil cavuto? only the green days for me. neil: i got notes, connell, put him on the big board, as far away from the studio as possible. >> neil, as you can see, i'm right in the middle of the action, i don't know what you're talking about. neil: you said middle of the action, get an establishment shot to show the action [ crickets ] >> i have to point out the powers that be at the stock exchange love you, they really do. neil: i bet they do. >> they admired your career, from the '87 crash up until today. 112-point gain we're seeing on the dow is interesting, how we'll finish today, looked like

we will be up more than that early on theed session, i know you know all this, how when oil turned around the energy stocks were lower. technology looks like it will move us higher today many of the stocks were killed yesterday when you were still out. but the oil price moving back, hurting the energy stocks, technology stocks that are down so much should head back up. another wild ride. watch the 3:00 p.m. hour, the "countdown to the closing bell," i'll be hosting from the stock exchange, as i said in the middle of the action, if we can get enough elbow room to work our way through. neil: good luck fighting off the crowds there. thank you for pointing out, neil, when you were still out. that last reference to you. >> you look great, neil, you look well rested. neil: you can't even see. >> we've got you right here. neil: we're done with you, thank you, connell, very much. reporting live from the big board. catch him in a few hours. i can't wait.

someone else with the crazy market, china's factor, concern they're going to raise interest rates, and be down sometime later this month, all of that weighing on stocks. we have an update. as stuart pointed out it has been had from the earlier gains. we have dagen mcdowell, david asman. david, begin with you, what the heck is going on with all this? triple-digit swings that are routine? >> a market ahead of the economy for about six years and finally going in the other direction, a lot of people think the markets should closer reflect the economy it has been. now there are questions whether it's gone too far the other side. there's a load of problems out there, not just china. canada is now officially in a recession. we've had two downquarters in canada, we do a lot more business with canada by the way than with china. neil: and they're very commodities dependent. >> they're, if you take the commodities out probably not in a recession.

stephen harper, the prime minister, a conservative guy, look at this, the difference between canada and china right now. a lot of difference. stephen harper is the prime minister, been prime minister for nine years, election coming up in october, october 19th. he might lose the election to one of the greenies or the socialists running against him. that could make the situation worse than it already is. neil: you know what i love about canadians in the election cycle is 60 days from the point of announced election. >> praise the baby jesus. >> that's why you're not just seeing weakness, canada is a resource-rich country, but you see australia, near a recession for the first time in 24 years. you see china's weakness, you see what china's weakness has done to brazil. exports out of south korea, you have a collapse in the commodity bubble. here in the united states, it will hurt our energy companies. it is hurting.

it will cause more job losses. you saw the conoco job announcement earlier today. is our economy diverse and strong enough to withstand that and the answer is yes. that's why the fed will still likely raise interest rates between now and the end of the year. neil: let's say the fed hikes rates, would it happen in september? >> probably, but that's anyone's guess, right? neil: well, i really rely on you. [ laughter ] >> i live in denver, and denver, nobody is paying attention to that. and i suspect that most of the places, you know, north and west of here, they're essentially, it's the same thing, like that's not the fact on, there's all sorts of uncertainty around the way the rest of the country looks at the economy, all the things we were talking about. oil prices sort of going insane, china with its problems. my sense is that there's a lot of uncertainty around our

politics and regulatory state and the rest of the world's economy, and i think that could shave growth off of the u.s. economy. neil: i'm wondering if that's what's going on with oil. that oil itself is reflecting more of these concerns about the overall world economy. >> sure it is, but oil has a lot to do with all the production going on. saudi arabia is not going to slow down in their production. neil: i love how the saudi minister says per price it's 65, $70 per barrel. >> they're doing nothing about it because i don't think they can do anything about it. we had an oil guy on yesterday on "after the bell" who said there's no -- saudi arabia's lost its pricing pow or oil because of what's happening in the rest of the world, even with the price in the drop of commodities. >> they're going to pull one over on the united states. they were going to pump more. the fracking companies because they're deeply in debt said we

need to make our debt payment, we are going to pump more and churn out volume. the inventory number this morning, inventories in the u.s. are about 80-year highs. >> can i say one thing about the fed, i really doubt there is any increase in the rate over the next year, until the end of this year, the europeans are about to pump out more cash. more euros, that means the dollar is stronger. they're not going to raise rates. >> maybe we're not all in bed together anymore. maybe draghi and janet yellen aren't in bed having tea together. >> janet yellen is scared to death of the market. she's not going to do anything to make it worse. >> it's not the fed's job to bail it out. >> you don't want to get in the way. what is that? we're going to get into it with jeff flock. the lower gas prices that help consumers and gets more spending money out there. we know 56,000 oil related jobs have been lost this summer and

know oil plays a disproportionate factor on the overall markets, what wins out? >> my guess is more of the say. we now have had coming up on on seven years of wobbliness and no real traction or economic growth. my sense is you are getting a consumer boon from the gas prices and you have a countering at this foreign ailment, right? neil: what wins out? one question, what wins out? >> i think staysis wins out. neil: that's a brilliant answer. >> thank you. >>stasis is a big word! >> yes, it is. >> they are enjoying the first state average below $2 and a whole lot more heading in the same direction. so enjoy. >> it's nice to see it. >> go on a road trip with namely you hate. neil: you always have to drag it down. always drag it down. [ laughter ] . >> i want to thank you very much.

jeff flock is in the middle of the oil conundrum but seems to be a drag for gas to follow suit, he's at cme. jeff, what are you seeing? >> session lows, neil. you're return may have helped the stock market, not the oil market. down almost $2, you're right, there has been a lag. we had refinery issues, that is what hurt that in terms of the gas price catching up with the oil price. take a look at latest today down another penny today, up getting from aaa $2.44 the gallon, down a penny from yesterday, down ten cents from last week, down a dollar from last year which is a huge giveback. i just looked this up, we used in the u.s. 374 million gallons of gasoline a day. that means for every penny we come down an extra 3.7 million dollars in the economy. the question is what do people do with that? one other number i leave you with, we are right now.

this is the eia this morning in terms of how much oil we have stockpiled. we have 455 million barrels of oil, up 4.7 million from last week. that's why the market went down today. that is the most we've had at this time of the year in 80 years. we have got oil coming out of our -- various places. neil: okay, i think i understood that. jeff flock, thank you very much. you've probably seen the images of the president in alaska by the glacier. he was noting climate change wreaked havoc on our environment, that it receded 8 1/2 miles of the glacier since 1815. when was the industrial boom? that was like the 1890s? what could have happened in the other 75 years. the former energy secretary of the united states is next.

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myself, self, wait a minute, 1815 this started and thinking all right, that's a long time, the industrial revolution kicked in almost 70, 80 years later. so wait a minute. how much of that is man and how much of the climate rules we are considering, and that could be pricey and expensive rules at that are addressing the right phenomenon, and are we paying too much for something we didn't do? we're not going to get into a he said/she said on the climate, but we're going to get into what it costs for all of us in the meantime with the former secretary of energy, spencer abraham. good to have you. i thought the back drop was a little odd and the price tag more than a little jaw-dropping. what do you make of it? >> neil, first, good to be with you. and second, i think a lot of people were surprised that at a point when we have so much market uncertainty, so much volatility especially with respect to energy prices that the president was not at his desk and trying reassure

americans in the financial community, but rather up in alaska, and every time you inject the issues of more federal regulations about energy and fossil fuels and so on, you send another jolt, i think, into economic markets, and that probably happened last week, i think. neil: if it is happening, the markets had a funny way of showing it, secretary, and the environmentalists argument in general is we can afford to do the things we're talking about because energy prices are sinking, and this is the perfect time to start addressing this stuff. what do you say? >> well, i think that if you have real volatility and shock in the energy markets, what you get in the short-term in terms of price at the pump is offset by, as you already talked in the show, a loss of jobs and other implications on the broader economy when you have energy companies facing real challenges, making a profit. neil: where do you think this

all goes, secretary? if we're all trying to make the air cleaner, everybody would be on board in the aggregate. china and india largely get a pass, china is allowed to seriously think about this, a couple of decades out, me thinks that's not fair. >> it's interesting you brought up china. i was thinking when i saw this in the last few days in the markets, not too long agork the president and the chinese government entered into an accord of sorts about climate and taking actions. voluntarily and so on. it will be interesting to see if in light of the developments in their economy, the chinese stick to the commitments or discard them in light of the reality of serious economic challenges they're facing. i suspect they will. and i think that will really cause us to have to reflect on the wisdom of all of these different regulations going forward. neil: all right, thank you very much, secretary.

by the way, as the secretary was speak, an e-mail from claire who e-mails, hey, stupido, and i'm saying that because you're italian, you would understand, cavuto. the earth might have been warming up in 1815. no doubt, it might have been. but for all of this to be man-caused or human-caused and make the argument this is something we were threatening the ozone layer in the early 1800s is a bit specious. why don't you watch msnbc, i find you tired. a guy i never find tired is max farris. stocks up here about 100 points, stocks double that largely trying to recover from china and fears that china is going kablooey, the good news is for the next two days the chinese stock market is closed. i don't know if that is a good thing. what do you make of it? >> most of it closed anyway

because of the central planning that limits the stock shorting and whatever. i think this crash is actually about commodities in china and china's demand for commodities. what basically happened, and i don't want to rip on china. neil: please do. >> the gdp went to 17 trillion which is amazing. >> but they lied about that. >> probably half lies. neil: it's all lies. >> the central planning created excess demand for commodities and investors started making commodity bets on all the countries that sell to china, brazil being a key one, including canada and other natural resource, hedging emerging markets. china is not needing as many commodities. all the production, all the mines, all the bhp's of the world are producing too much commodities and the surprise going down almost every day right now. that is a lot like the -- >> it's an overproduction, an overinvestment. >> it's an overinvestment. neil: but the demand catches up

to that longer term? >> that was the idea. we don't consume that much gas like a few years ago. there is no growth in demand and the emerging market growth is circular, i need more diesel to produce mines to get the nickel out of the ground. that is all in circles. >> if you are right, that's a multiyear phenomenon. >> it's been going on since 08. most of the markets are down 50%. the commodities down more than that. the money hasn't left. when is the time to get into oil? when should i get into nickel? they're not coming back, it's like the '99 crash. not as bad as real estate where everybody had a piece of that. neil: can it crash on its own and leave stocks out of it? >> can't leave global stocks out of it. the question is does america get stuck into it when it pops? it's like the '99 tech bubble where it's going to be a drag but not a major recession like in 08 with the real estate but i think it's going to spread

and all the emerging markets have serious problems in major recessions across the board pretty much. neil: jonas max ferris. getting a lot of e-mails but the present host of this program, lee e-mails the following. i see you're back, cavuto, bring back connell or anyone else. how did you type that as you were talking. >> it converts to -- so bizarre. when we come back, looks like the president has a key vote, a key senator said she will support it. that means that this thing is a done deal. but here's the killer that you haven't heard much about in the press, even though the house and senate will likely overwhelmingly reject it, if that is victory, someone please show me defeat.

. neil: all right, to read the mainstream press, the president won, got the iranian deal, secured the 34th vote in the senate, barbara mikulski will vote for the deal. that secures him all the voters to ward off an override of a presidential veto. what's missed in the argument is the in fact by overwhelming majorities in the house and the senate, this deal is being repudiated and likely will be. john boehner, the speaker, making that very clear right now, that rejection is rejection, even though that rejection limited to a presidential override. the former reagan adviser bob mcfarland, if you think about it, it has made it likely that this deal goes through. and it is weird in the eyes of the press and those covering it, it's a big victory for the president. is it? >> well, i think they may be counting their chickening much too soon,ny. i really do. the sentiment i'm hearing at

the grassroots which does translate through the members of congress and the senators is very heavily, it's a tie of sentiment against this agreement, and for rejection. so votes could change. seldom happens but votes could change. neil: the reason i ask is this would be overwhelmingly rejected in the house and the senate as things stand now but maybe not by the margin that would override a presidential veto as if that is a ringing endorsement for something that has been rejected by our entire legislative branch, that's weird. >> rejected for good reason. my gosh. what i'm hearing at the grassroots again is that four things really bother americans about this. first is the cheating. there is no effective verification regime here, and secondly is this windfall of $100 billion for them to continue supporting terrorism and the subversion of iraq, syria and so forth.

and beyond, that the grassroots of america just can't imagine that we're legitimizing them ultimately having a nuclear program, which is what this agreement does. but whatever the outcome, it's clear that the overwhelming majority of the american people as well as members of congress reject this agreement. neil: it is weird, it is very, very weird. bob mcfarland, pleasure to have you. thank you very much. and speaking of this iranian agreement bob was referring, to i will be speaking to senator ted cruz, the presidential candidate and what he makes of the prospects in the senate and elsewhere and post-deal iran. how that plays out on your world on fox news channel at 4:00 p.m. did you hear the one about the union leader cozying up but not to hillary clinton? guess who?

. neil: all right, well, enough about me being back and stocks coming back. you're welcome, you're welcome, you're welcome. i want to focus what's happening in technology. nasdaq has been leading the way, and these technology issues have been a reason why. intel, apple, microsoft, ibm charging forward here. way down from a couple of weeks ago, but they are coming back. netflix is feeling the pinch despite these other stocks moving up. down 4%, but keep in mind, this is an issue that has gone on a torrid pace but it could be facing competition in the

original programming arena. all right in the the meantime, focusing on politics as well, and sometimes who you hang around with says a lot about where you politically stand. joe biden cozying up with richard trumka. they say this is a prearranged event. nevertheless, the daily mail white house correspondent francesca chambers says all of this around the labor day holiday does raise questions as to whether the bloom is off the rose for the clintons when it comes to labor. what do you make of this meeting francesca. the vice president has been saying it's coincidental. richard trumka of the afl-cio says it's coincidental. what do you make of it? >> not the first meeting in repeat weeks. vice president reportedly had richard trumka over to his house in washington, d.c. as well. i think you have to look at that. and that doesn't necessarily mean afl-cio is going to endorse biden if he jumps into the race. if i were hillary clinton, i would take this as a warning shot across the bough.

neil: to do what? >> because she has not taken a stance on the trade promotion agreement that the white house has been negotiating and trumka warned her if she did not come out against or take a stance, she could be hurt with labor. you see him meeting with joe biden. you see him at a d.c. breakfast they may not endorse in the primary. that should be concerning for hurr. neil: if i'm joe biden, i'm the vice president of the guy who is, you know, crafting all of these foreign deals, trade deals that they find so loathsome. so what makes him better than hillary? >> well, trumka has been irritated for clinton for not taking a stance on the trade agreement period, and hasn't taken a stance on keystone pipeline. she hasn't taken a stance on the $15 minimum wage increase, joe biden has taken a stance or the white house has taken stances on the. it comes down to clinton not say wearing she stands on the

key issues. neil: if she takes too strong a stance, she's repudiating her husband's deals, nafta in a box. >> she hasn't by distancing herself by her husband's legislation that he fought for, and i think the key thing here is that if she were to take a stand on some of these issues that i think trumka and labor is upset about. she would gain 13 million votes of the labor community of the afl-cio. that has to be something weighing on her mind. neil: indeed it is. thank you very much, francesca. good seeing you. those of you laughing at donald trump rivaling in the race. do not take him lightly. joe piscopo, an icon in the state of new jersey, comedic legend, great radio talk show host. one of the things you said now and echo now is the proof might

be in how trump operates. no sooner does bush put out an attack ad, he responds within nanoseconds of an attack on his own. he's good. >> he has a structure, donald does. neil: you called him donald. mr. trump? >> no, no, donald. you know how i can tell you, the listeners on the, a love, love, love him. neil: they do. >> and when his daughter came out, ivanka came out, it was layered and brilliant. and to answer jeb bush like that? neil: you were in the hamptons? not the jersey shore. >> i'm at the jersey shore yesterday. neil: you are an elitist, the hamptons. >> i was down on the shore yesterday. swimming in the bacteria ridden water. it's home, it's home!

>> dig deeper. >> so i got invited. i swear this is what happened. i was dying to tell you. i get a call from my friend, mitchell modell. you know this guy. you want to meet jeb bush? and i said no, i really don't. maybe carly fiorina and marco rubio, no, they won't take no for an answer, i go to a jeb bush fund-raiser in the hamptons. neil: i don't believe you. >> are there pictures? i would not allow any pictures. i didn't want pictures. neil: we'd have to pay for them. >> i'm hiding in the back, jeb bush, nice man, committed, compassionate, smart, but you know, and then they go joe, you want to ask a question, i'm hiding there. neil, the money in that room, and i don't want to mention names, they are backing jeb, the fight is on. neil: they're still with jeb. >> oh, yeah! they said, if i may, they said jeb, the questions, you got to get into it with donald a little bit.

you got to get into it. jeb heard it, listened, look what happened today. neil: you know what's unique about trump's response, how it didn't take more than a second to have an attack ad. that's a well-oiled operation to pull that off and move that quickly. and tells me something no slight goes unaddressed by donald trump and wondering what message to sends to other candidates as well. or should they go full throttle because he's not going anywhere. >> he's not locked and loaded, i don't know if i knew that as early as you said. you mentioned it on the show. donald trump is locked and loaded. neil: take the oxygen out of your chris christie, do you worry? he's your governor. >> never underestimate the good governor in the building, as we speak. you know, you can't underestimate, you can't ever take chris christie lightly. please don't make a joke. >> i didn't make any joke. >> i'm telling you, you watch him.

i only know from the radio listeners, marco rubio, kasich, watch john kasich, especially in new hampshire he's going to surface. neil: you think when the dust settles and we have three or four names those among the three or four? >> that's it. neil: but you like rubio? >> yeah. neil: and kasich. >> i'm looking at kasich rubio or casey fiorina. neil: and you hate christie why? >> when did i say that? neil: let's play it back. what about mitt romney. he did not say that. >> no, you have mitt romney on the cell phone and you can dial him up, mitt, run, go. neil: don't go, i haven't decided. >> ann romney. but don't underestimate chris christie, he's very smart, he did great on jimmy fallon, when he gets out there. >> you are being cautious about not offending anyone. admirable trade.

>> i want to be nice on the radio, lindsey graham is on tomorrow, carly fiorina is on the show. mr. trump has been on the show. neil: lindsey graham, interesting, he went after this kentucky, refusing the gay marriages and said that's the law of the land, kido. you got to sign onto them. >> that lady wasn't nice, though. neil: do you have lindsey graham on tomorrow? >> yes, uh-huh. neil: wow. >> is there a question up the me to ask? neil: no, you have the juice. you are the new jersey wolf. >> i am the conduit of the people. i am the man of the people. neil: wait a minute. whoa, whoa, whoa! >> conduit of the people, in the hamptons? [ laughter ]. >> i knew i shouldn't have said it! i knew it! i was in the jersey shore. joey! joey! i was the only guy in a dark shark skin suit in the hamptons.

everybody else was all white in linen. neil: that's true. >> and everybody is worth a lot more than i am. neil: you can't wear that after labor day. you might as well now. >> i was like the secret service, bush's secret service. i'm ashamed. neil: this is why we love him. of all the stars, of all the stars, i'm telling you he's the best. no one, no one came close to sinatra or offending the entire sinatra family. listen to the comedic geniuses. >> i'll tell you, last week i was in rough shape, i'm all right, i'm okay. i tell you. [ laughter ] >> that is dead on chris christie. >> i'm not going downstairs, i'm not going anywhere.

upon

. neil: hi, how are you doing? i thought we were going to go right to ashley. let me introduce ashley on what's going on with the markets. hi, ashley?

>> how are you, the markets are up, neil. we're focusing on the u.s. companies hit hard by china. it was back on august 11th, china decided to devalue the yuan, currency, sending a shockwave around the world, making us realize our economy is worse off than we realized. so skyworks solutions down 7.2%. 68% of revenue from china. qualcomm, 49% of revenues originates in china. the big semiconductor giant. afago is you of just slightly. take a look at a few others. micron, the semiconductor tech, memory company. 41% from china. where the revenues come from. micron altera 31% from china. sandisk is a digital storage device and software company. apple, 16% of revenue comes from china and a big part of future planning. what happens in china has a

huge impact on the companies here, neil. neil: you are a genius, but it is yuan, not yuan, right? >> i say yuan. neil: right that down, actually it's not chinese. duly noted on. that ashley webster, as we say here. joe biden is in florida ahead of his meeting with labor leaders is talking up community college. now john ratzenberg, big pixar fame is saying look, there are other alternatives here that we forget, you know john made it a single cause to remind americans, we used to admire plumbing and electricians and that sort of thing, and now we're receding that out and paying a bundle for it. good to have you back, my friend. >> thank you, welcome back from alaska. neil: what do you think of the community college?

>> it's good depending what they teach at the community college. i'm part of elite aviation products in orange county, california and hire people out of community colleges that learn cnc machine operations. >> what is cnc? >> computer cutting. in the old days when my uncle was working in a factory in connecticut had, a machine, a hunk of metal, one guy standing there, had all these fluids and stuff. neil: they don't teach that anymore or do they? >> it is taught, it is taught, but the cnc machines encapsulate, that one machine will do the work of 50 people. neil: wow. >> different bits and stuff, but it's vital. we make aircraft parts. elite aviation products.com. neil: with pixar, you are just printing the money, aren't you? >> decided to put the money and time where my mouth was and

start shoring again. for national security too, especially the aviation industry. neil: would you agree with donald trump who says the companies that ship the jobs overseas, he went after the folks behind oreos and say i won't buy any more oreos knowing they are doing that? >> why would we do that? we have our own country. neil: you like him? yeah. neil: is he your guy? >> he's very close to it. neil: really? >> without him bringing up the border problem, nobody would be talking about it, and i say if you're for open borders, take the front door off of your house, take it off. that's an open border. now you understand what an open border does to the country as a whole. neil: good description. >> you take the front door off, people start coming in. feed them, clothe them, school them. that's an open border. neil: all right, but you know, first of all, you have to have the wherewithal to do that. know how to take a front door. i'll send people.

neil: but why don't we do this anymore? you and i were talking last visit, my plumber has people and the trades aren't nearly as admired as they are in europe and in germany for mechanics, et cetera. >> that's why the roads are so wonderful. in germany, ever been on the audubon. neil: yes. >> you can read the newspaper. neil: not as you're driving. >> some do. neil: they admire and stress those trades. we don't. what would be the message to biden or the president? >> they stress those trades, but also they get dignity and respect. doesn't make a difference whether you are a brick layer or plumber or stockbroker or attorney, you get dignity and respect. we tend to look down our noses at people who work with our hands, and i said this before, i was a carpenter before i was an actor, i get it, and i understand the weave.

if the carpenter doesn't do his job, you're not going to have any theater. stages collapse. and everybody has to work together. that's what america is. but we have to give dignity and respect. neil: we say our kids should go college. >> you're half educated then. again, i went to college, and i would be half a person if i also didn't know another skill. my kids i did the same thing with, sure, go to college, but also get another skill that nobody can take you from, then you're an entire person. you're more interesting, i think, you have more things can you talk about. neil: you're right about that. not that i'm handy, but i know the concept. >> i'll come over, i'll take care of it for you. neil: you must be the genuine article, you've done every pixar film. you are the third, fourth guy? >> some journalist told me in the box office receipts actors being in movie, i'm not sure how it works, i'm number three

or -- i was number six you. >> better tell your agent. >> i don't even know my agent's number. neil: we got to talks, young man. thank you very much, always a pleasure having you, john ratzenberger, he means what he says, and walks the walk. tom brady, we're finding out whether he can play the opening game next week. no indication that is any time soon but we are expect a reading on the deflategate thing they have zero interest. in but since it involves the new england patriots and this is the same down with the boston red sox in last place, their horrors and horrible developments can't happen fast enough! after this. when a moment spontaneously turns romantic, why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either.

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neil: three words here, welcome america. you have the dow up 170 points, i have a lot of damage to undo, after being two weeks of out. the dow was down 1300 points from that level. but i'm only one man. you guys have got to keep buying. if you don't do it, i can't help you. but we are up today, easing concerns about china, lot more optimism about u.s. companies and oil and gas prices dropping. the same thing that was rattling the markets only yesterday is propelling them today. what's the differentiator? what is the big differentiator? you're looking at it! [ laughter ]. neil: we are awaiting a brady appeal decision. this is apparently back to deflategate, whatever they're calling it, and i don't, this cannot end soon enough. a judge is going to decide whether he can go ahead and play, you know, whether the four-game suspension that the nfl flapped on him over the

deflated balls is enough. but emily kapena joins us, attorney, former raiderette. what do you think, emily? what's going to happen? >> what i think is going to happen. the-game suspension will be reduced. here's why, i know we're all sick of the subject. take it out of the football equation, it has to do with employer and employee. so there's precedent that former nfl commissioners acted outside of the necessary neutrality that they needed in the decisions, meaning they were legally capable of being the arbiter and saying look, we're punishing you this way. in the actual decision it exhibited they were biased. neil: i didn't think this could go outside the nfl family. a judge weighing on this, it could appeal on either side if the decision isn't going their way, in the meantime is brady allowed to play while it sorts itself out, or what? >> that will be up to the courts, too. depending on the ruling

expected this week, if it goes against what tom brady wants, they can file an injunction saying look, he will suffer irreparable harm if he doesn't play in the games, therefore, let him play because it's a better decision to compensate someone monetarily than rather than having something that you can't remedy later. so meaning, you know, if they need to suspend him later, fine, but can't take away suspending him now. neil: okay, he's looking at a four-game suspension, now, as things stand now however this goes the, he'll play the week after next and just wait it out, right? >> right, exactly. and you know you mentioned you were surprised if you go outside the nfl family. think about it this way, every collective bargaining agreement, including the federal government, they have the setup mechanism of the employers and employees have discipline and whole inside mechanisms. but if someone goes outside the boundaries, you can appeal to

the court system. that's what the court system is for to make sure the employers adhere to it. neil: now i understand. emily, thank you very much. good having you. >> very welcome. neil: and good having this rally and good having china off for the next couple days. john hudson on that after this. [ male announcer ] we know they're out there. you can't always see them. but it's our job to find them. the answers. the solutions. the innovations. all waiting to help us build something better. something more amazing. a safer, cleaner, brighter future.

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all right i don't know anything but -- cavuto rally i'm back stocks are back. yet claire writing again. remember the e-mail she thinks i'm taking myself too seriously says claire. neil, do you really think you're the reason why stocks are up? you are more self-absorbed freak than i ever thought possible. [laughter] that hurt. claire is a cnbc viewer, obviously, take a look, though, up 100 points, though. john leifield says big swings, though, are part of a bigger culprit that involved a here but

in china the government. interesting what do you think john john stossel what's going on? >> it is despicable. >> cavuto rally it is sphwroation see how governments get involved in the united states governments get involved as they think of a systemic risk so you lower risks because they think if employment is cyclical that will raise employment level in china they're dealing specifically with the equity market only 15% of chinese are in the equity markets and had about 145% runup in over 12340*7b9s. about 90% of that came because of the open up of invest 789s between shanghai and hong kong, and right now china is trying to stop that by having pensions stem in with the government and back equities as well. china reprice because of growth

that is adding to volatility because you don't know what governments are going to do. >> you know john i think of playing off who are we to judge? in other words in the united states our markets proel ifed by the federal reserve throwing 60 billion bucks month into them, and keeping interest rates some would argue unrealistic low. were we any difficult? >> no, sir we're not. when they value our currency they're doing exactly what we have done by precincting so much money and all of the quantitative easing that's what we've done for some time. our consumer sb 70% of gdp and comien is 35%, so a lot of their exports rely on currency being able to make money off of it, and so whuf the major economy, in the world del having a their currency china is simply a reaction. we have no right to get mad at china for actually devaluing currency by precincting money for years.

to on a expert who reads manged written fluently, president rnl candidate and governor, jon huntsman what's going on? always good to have you. you know, it is interesting governor, we're looking to this and stay that chickens are coming home to roost for china right now. that we should be grateful for the next couple of days threetion. the markets are gng to be close there had. but they're doing everything, but throwing in the kitchen sink to try to make something happen over there. what are you -- what do you think of the panic that set in? >> listen, this is a correction at least in the shanghai and markets are long overdue. i mean when you look at the forward evaluation there are multiples been 40 times double what we've seen in s&p in recent years. any close observer qowld know that a correction wases due and here we are. but it doesn't matter what the chinese do. what the government does in terms of intervention it is going to be short-term and nothing is going to help until

chinese companies become more transparent played by rules of the road quit ripping off our intellectual property and basically earn more real cash flow that's the only way they're going to correct the imbalance that exist there. so what we're seeing is i think, an emergency attempt on the part of the government to attack panic out of the marketplace, it may last for a few days or a week or month but longer term, the business environment in china is beginning to have to improve and it is going to have to become more conducive accepting of international market starngdz. >> you know, governor i think the problem with the free market in this case is the communist free market that is just not reconcilable in the end when you have a communist government effectively saying and forcing no short selling in other words, if you're selling shares short, you go could be in a heap of trouble if not being carted off to jail and also demanding brokerage houses, big banks there to buy stock. i mean, that is not a free market. >> that is not a free market some would argue that the united

states is not a free market so we have problems on both sides but financial markets, financial services in china, and stock market had is a relatively new phenomenon in china, you're going to see a lot of corrections in the years to come i think a lot of liberalization i think he knows where he wants to go over next seven years left in his term. they're going to have a hard choice ahead, and here's what's happening they've got this unprecedented anticorruption campaign taken out 100,000 senior officials, they've got the market lost 30 or 40% of its value and all the while the underlying reality of the economy neil is going from are investment led export machine easy way to make money more to a consumption model an no guarantee to get to the promise land but somewhere in the middle of that transaction and it is a difficult set of circumstances. but i have to say, you know, china has never gone through this kind of tunnel before. because they've never bng the second largest economy in the world. they are today, so when you hear --

when the seismic event os cur in china which will continue to happen. whole world feeling and marketses respond and welcome to the new global reality. >> but scott walker on campaign scene, presidential campaign saying chinese leaders he woct meet with them. what do you add to that? >> well i don't think that's a great idea. i think we should meet face-to-face with confidence, with determination, with resolve, and with the strategy most importantly. we never have strike strategiese sit and talk with the chinese typically. reagan sat face-to-face with and take it to the finish line that's the way we americans do business and do business in the commercial realm an way we should do business in politics. but my biggest complaint is that we just have not had a real strategy in the u.s. china relationship. we're not connecting the dots, we're not -- we're not doing what needs to be done in the south china sea with

respect to cyberintrusion and left respect to ongoing bilateral treaty talks there's so much that we can do on the upside let's not forget that this relationship has upside potential. we continue to focus only on the downside -- [inaudible] that's what the secret of donald trump's success has been at least in the polls he's hitting nerve with american who is feel that chienl has the better of us, that we tapped out of the chinese he's been saying they need us a lot more than we need them. what do you make of that and his emergence and sustained emergence in the polls? >> well he's real and his message is viable. and listen, the easy part of political discourse is to say what's wrong. and how things are broken. the hard part is to say what you're going to do about it. so in the u.s. china context neil the hard part is to say this is broken, wrong, where we're getting screwed now here's what we're going to do to improve things owner just shutting your door that's not an answer. that's not good for business growth and for export growth which we're going to see a lot

of in the years to come in this -- >> what do you make of donald trump saying paraphrasing -- that means battle back and forth we stop buying to, quote, him their crap. [laughter] >> that -- that's a throw away line, and listen, you can get i know how i can get an applause line in every town hall meeting that's not what politics should be about. but putting forward realistic ideas about growth, prosperity about kftd, about americans in the world. >> do you think -- does it impress you anyone in the field impress you? >> we're in the primary phase of the campaign. let's admit to that we're playing to the base. we have to calibrate to the general election when people are actually going to be looking for real ideas, and the strategy and a pathway forward that speaks to confidence and unity and bringing this country together. we're not -- >> maybe because it is crowded field across to mitt romney might come back into the race. what do you think of that?

>> you can have him on and ask him personally in an interview. but you would say that we've got -- >> ask you what you make of that? >> iemg i'm not an expert in the subject matter but we have good candidate in the field an said all along that this could be richest field in trms of talent and experience that we've ever had. i would like to see a race not to the bottom but to the top and i have every expectation that in this election cycle, we could see a race to the top in terms of realizing -- >> none of these guy governor, that's what might be explaining some of the rumored talk and might be rom in my opinion inspired of bringing someone else in. bringing in the old horse and seeing. what do you make of that? >> listen there's talk to the finish line it is every election cycle what if somebody else got in the race and brought in the last best performer? the fact is you've got who you've got. they're willing to do it, it is a tough slog, it is difficult on families. we have good governor who is

have records of good accomplishments who are capable of leading this country. i have no doubt. qoaf to it with a and see who kind of ideas they put forward and kind of vision that they strike. country is waiting for it. we don'ts need anybody else but what is interesting is we've talked about best years without donald trump and now donald trump is entered, and he's basically nullified every other candidate for the time being. >> do you think he could be the nominee if so could you support him? >> he could be the nominee and a lot it be trump that i do like, and i'll kick off a couple of things like his idea that money is a corrupting influence in politics. i think he's absolutely right on. he sees right on about the washington class, and how they're carving up a lot of economic pie for their benefit and right on if government not getting the best and brightest cutting deals not as good as the private sector that's no surprise because the best of the best are not into private sector but not government service anymore.

i think that's terrific i don't like the idea about closing down borders and nativist talk but there's aspects of what trump is saying that resonate with me and resonate with a lot of other people an i could see a pathway for him, you know, listen if he wins first three or four primaries, i think he has a clear shot at it. >> wow, governor always good seeing you my best to your family . thank you very much. >> and to you, thank you. >> jon huntsman let's take a look at wall street right now. dow is up about 200 points we're bang to those session highs here. a lot of this back to the fact that china didn't fall out of the bed this morning. largely unchanged small stock ises underneath but they're looking at the half full class. marketses will now and then do that also the factor that is so obvious that is like that scab on your nose. me, i'm back not the scab but -- more after this.

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>> all right, take a look at these numbers we're just getting from dr. ben carson's campaign staff that campaign funds raised it in august, doubled july's total $6 million this as an iowa poll shows him coleading in that state with donald trump carly fiorina very close behind. but if you look at those three top candidates, they're all nonpoliticianings. they do not come from the traditional political world. you can actually extend that to senator ted cruz not your typical u.s. senator he's my special guest at 4 p.m., and on your world today to talk about what's going on here, in these seismic shifts going on in this race. but for ben carson, the doctor is in the house, and he is now leading the house right now. he is the guy with the money. so far gravitating more than

donald trump who is now having to share a lead with the guy who is most known for his medical work. all right well, gina says republicans should pay attention to these types of developments how outside candidate are resonating david says democrats are still the best news for american voters and economy but jeena you know these top three, and their lack of political experience is being strange, explain. >> it is a strength, neil because the american people are so tired of the establishment. that is the -- resounding voice that course we're hearing right now when you look at these numbers. even on the democrat side with sanders seeing the same thing this is emergence of a brand new body politics because the people are done with the way business has been done in washington, d.c. >> according to bernie sanders is some outside per been the united states senator i'll be it a different, you know, flavor. but -- >> right. not a traditional candidate. >> understood. understood.

what do you make of that david that there's something going on here that does not seem to be just a temporary fad this has been going on a while. answer to that and what you post to gina, it's not just whether the candidates have been in elected office before. it is also their performance on, you know, we're looking at karla fiorina who is giving a wisdom and advice you know on the heels of her being a fired ceo and governor christie gives us advice on china and stock market when he's overseen nine credit downgrades in the state of new jersey. not the best record when it comes the economy. so i think you've got to look at the candidates record whether be in the private sector or in government that's what voters are looking at come 2016 or before in the primaries of the republican party and democratic primary as well. >> might be right but there's a pop on all traditional candidates houses for now.

that could be short i grant you but must be something going on here. what do you make of it? >> i find it entertaining that someone can sit there with straight face and attack the record of -- with a smile with one of the strongest gop fields ever in the history of presidential primaries. we have experience there that is unmatched and you attack the record of a hillary clinton or a joe biden or any of the rest of them. what do they say sorry we gave you this bad market, economy we'll do better, vote for us. i don't see this as a winning campaign, neil. >> gina, neil what i'll say is yeah you have a field of 17 candidates that's your problem because you have no leadership, you have no -- successful track record for anybody to come out of the pack of the 17. >> hillary clinton -- she's got half dossen people likely to challenge her including vice president could be closed jerry brown could be in this race soon. al gore. you've got o'malley and then top

those numbers. >> that is an operative term that you just used town hypothetically. right now, right now -- i do not believe that biden in the interest of his family and the interest of him having been a senator for 36 years and v park for 7 and a half or 7 years, that he has seen his contributions to an incredible extent of this country. i think that he's going to focus on family. >> according to democrats had it with her or reflected in searching for other alternatives, i don't think that's a unique phenomenon in the republican party. it seems to be also happening in the democratic party? >> i don't think that people are searching for other candidates, and it is a primary neil. there aren't five -- >> what we have to go on, but for the time being seems to be problematic for hillary clinton. >> if you look at polls in 2008, 2012, 2004, they switch and went up and down. i think that you will see her

emerge as a very competitive -- primary force. prchtion that you can use the traditional one of those traditional republicans or battered now might be a bush might be a walker emerges as nominee after all of this. what do you make of that? >> entertaining as jeena said to watch that. >> i think -- yep everything just froze just like that. we'll see, we'll see. in the meantime we know that president has secured enough votes for the time being to get that iran deal. that does not mean that congress overwhelmingly like it is but now with a 34 senators saying that she qowld vote for the deal -- the president is going to get this deal. one of those democrats who surprised a lot of folks by saying he's 4-2 after this.

>> all right, well we're just learn now white house does have enough oaths 34 yes votes it

would mean the united states senate backing that deal, but call the fine state of yabd latest to say that she would vote for this with reservations. dit tote bob casey, this means that there are enough votes there to prevent overriding of presidential veto that does not mean that this would still be overwhelmingly rejected in the senate and likely house but means that by enough of a margin to stop the deal from happening not by enough margins override veto that might not even be the case right now. senator casey good to have you, you're just a view changed and struck a lot of people as odd because you would sound like you had a serious reservation with this. what changed your mind? you have to considerate text to the agreement but then you have to make assessment about the impact of the agreement. in the end it comes down to some basic questions and determination that i made. norming one is the fact that

stares us in the fact is that iran right now is a nuclear threshold state just two to three months meaning they have enough material to make a bomb. we have to stop them from doing that now and in the future. i think this agreement does that. number two is -- you have to consider -- the agreement versus all of the alternatives and i wasn't persuaded the alternatives were nearly effective. >> the reason i mentioned you see writing and agreement to the fact that this deal allows military action to that event you quoted saying i believe this must be by a clear and unequivocal statement we're prepared to take murling action it iran develops nuclear weapon. i didn't think that in in agreement was that option that we could take military -- action if they're not complying. >> neil, that's not part of the agreement but there's no question before the agreement easer the agreement what undergirds not only the agreement but our policy is our deterrence that has to be crystal clear today and then we

have to keep reasserting that and one of the ways -- >> respectfully sir you're saying that we would react that way. that if they were to do anything fast and loose with this or not honor this, we could -- take military action. now we might be able l to, and we might be inclined to but that doesn't mean we will. do you really think we would if they cheated? >> no, i'm convinced this this president would take action if they were to break out and to try to -- construct a nuclear weapon. also i'm -- >> senator you think he would take military action if he cheated? >> i didn't say cheat. there's a whole range of things they could do -- >> didn't hon o nor this. i'm sorry sir didn't honor this that he would put the military option out there. i believe, this president if they try to get a nuclear weapon would take military action. that's what undergird -- >> i don't see that.

i don't see that happening having an appetite for that. but you're closer this time. i don't know. you really think -- based upon all of the review and conversations in a lot of exposure to classified information. >> people told you this option is out there if they sort of reverse themselves on this. >> based upon a review of all of that and based upon my experience being on the foreign relations committee six and a half years. we have to make sure for this president or any president this congress or any congress that we're prepared to take action if necessary. the best way to be prepared to do that is not just having the capability. we know we have the capability. we have a bomb we can take out their program. but you have to do that with legitimacy in the same kind of unity really unanimity that we have when it came to the inposition of sanctions we have to have the unity. >> trying to do the right thing but erm the president's line

about that line in the sand we didn't follow-up on that. so i'm just wondering whether we would follow-up as you would like in this case on this. i believe we would, and any president would we have to put in place policies that will strengthen that deterrence. this i think this agreement enhance it is that deterrent effect rather than undermine it. >> senator we'll watch closely. thank you for taking this time. senator -- thanks of the state of pennsylvania, we're going to have the senator from the fine state of texas ted cruz presidential consistent on this very issue. he's very concerned about some of the very things that senator casey was raising. my special guest at 4 p.m. on your world on fox news channel. meanwhile session highs here. cavuto rally ensues. more after this.

>> all right we've been showing you stocks and have been volatile you know what's been a constant, low rates. low interest mog rates in and out of the ten year, no, that's translating into very, very low, mortgage rates and boom for housing, mortgage applications shooting up 11.3% of the latest. period, now that could mean just a light event but jason, and tim are looking at the long-term implications, what do you think, tim? >> well, i tell you last 20 year w seen interest rates falling seems like god loves a loan officer but doesn't neglectionly love a realtor because you see that -- >> very good, very good judgment.

>> what happens is actually inverse relationship between lower rates, and consumer confidence, and the vability of credit. that happens because rates are moving up and down for a reason. they move down because basically there's some sort of turmoil. doesn't make lenders want to lepped but triggers refinance. >> to take out those applications to do just that. what do you think is going to happen jason? >> sure, neil for seven years we've had a fed rate at 0. money is free and has to stop and happen sooner rather than later and rates will rise this year. i think the fed will make that move to liftoff when -- >> this month? >> i think it is probably december now. because of the volatility in the market. >> what happens to mortgage rates over which the feds has no direct control. what happens to them? >> neil they're going to move at a pace of an injured snail.

because they cannot raise rates too quickly too fast. >> what do you think that we might see a rate go up court sift fed but might not show up immediately in mortgage, what do you think? >> yeah, i think jason is right i don't see it going up until december because of a fed goes up doesn't mean that long-term interest rates are going to go up. we see drama, stoocialght, i don't think the fed or anybody else really wants to rattle investors any further and not enough global confidence so i don't see that being long-term. >> what i'm really concerned about neil is that we've created asset bubbles in soflt major marketings leak new york city, san francisco, miami, these -- this free money has made people developers gamble like they're in a casino and they're buying land at ridiculous prices. i think that iewb per luxury market is going to come down. there has to be some type of correction.

do you disagree we with me? >> but you're seeing some xiewk growing your way out and you can't grow out of the 2% gdp but bottom line you doapght see anything dramatically altering the university right now. very busy, almost hectic for the new york stocks exchange connell. >> glad you gave me the advice notice for security with me here so we could make time for you. been busy this afternoon. i was down here with down points in the last hour ended up down 469 thought it would come back neil is back and market is up.

what happened end of the world everything is fine. >> yesterday was end of the world today was safe. [laughter] >> but what's going on do you think? >> you know, obviously, another day of completely irrational storkts i'm not sure what has changed from yesterday to today. >> why the irrational? >> well -- down 500 up 200 and background noise remains the same. trying to find a bottom. what's going on in your view? >> the markets i think figured out a while ago. but now the rest of us more are figuring it out that -- it is just not a lot of growth in the world. even in the u.s. which is relatively positive, and i think that markets -- are never quite rational. and we probably got way ahead of ourselves so going through this kind of a adjusting period never fun, it is never easy, and when they go down it is always painful.

i don't think we're looking at a 2008, 2009 scenario. >> good. so it's the market -- rally or wild swing just i don't think you saw it when you were speaking but they have this calendar up. neil is back at work today. so don't take credit for the market being back up and blame all that were filling in for him with market being down. mcdowel and almost had a depression. yesterday it was in for neil down 49 points. sure you remember yesterday "cavuto: coast to coast" market was up 600. [laughter] >> all about you. >> so -- teddy and connell reporting from a business new york stocks exchange. >> i apologize for both of us. thanks very, very much guyings. in the meantime i have my buddy with me here when i'm not here double, triple duty and never complains. but i want to pick his fine brain on this -- issue where china won't be an issue for two days.

their markets are going to be close sod the markets either enjoy that event or they -- they build up on when everybody returns the following week. >> well the shift is come back here. we have big jobs report on friday. we'll be reminded that by the way america economic data matters. there's no great shakes with our economy going today. >> better than them. >> i don't know, it's again, you know china says they're going to do 5% growth that's far better than anything we would do but i don't think -- >> i think they lie. here's the thing we say they lie except when they lower a number we freak out. >> keep lying. >> china we know you're lying but don't stop. >> going to be here a little bit later but his argument has been why talk about china in the great scheme of things they're a small scheme of things. >> not that small 16% of the world gdp but here's the difference since 2009 they were the difference at the global economy. >> you know what we can wipe

what we want about the cities a lot of iron and ore we can laugh about the high speed rail but nobody they have to bite technology, all of that metal all to he know the entire global economy come out of this recession, nothing that we did actually helped so they were at a difference maker you know five countries now that neil was china their top exfort country now something like 44. more than america. so they have become so critical to the global economy . >> you have a fan in claire she's been e-mailing me a lot. saying please keep charles payne in your absence an all of your shows more informative and wears suits. >> that's ann claire. indeed. but you know, claire hates me but, obviously, still watching because you're desperate for attention claire. in the meantime another guy is not desperate for attention but he gets it because of his insight and ben stein on china and why we're making a big fuss

contrary to a country that doesn't deserve it, after this.

>> i'm adam shap is row live on thefloor of the new york stocks exchange gaining on s&p 500 as well as nasdaq you can see all three indices in positive territory. s&p 500 growth below 1926, level back and now above it at 1934. some of the stocks leading the dow right now apple intel.

microsoft, home dee pow and mickey d's announcing breakfast wherever you want those offer 2%. but one sock not in the green on the dow. she have is ron, it is down only dow stock in the red today. another oil stock taking a hit today. would be conoco flip p phillips up after announcing to lay off 15% of their work force here in north america timely with oil o trading down. airlines are trading up jetblue american airlines and delta all gaining today.

>> all right, take a look at these gains on the corner up about 200 points a lot of relief that china didn't tank today. it was still down about a quarter of a percent. but that beats the 6 to 7% nearly daily shellacking in that market and blessedly we're told markets will be closed for next two daysing to honor end of world war ii. ben stein says whatever they're celebrating we should not be fidgeting and worrying doesn't warrant it or deserve it. noted writer, actor, lawyer, kind of -- genius, economists where your credentials carry throughout with me. so explain to china phenomenon you're saying that we -- that's about too much. why? >> the word is fetch.

the dow and the v -- now this is a difficult interview. china is a very big powerful country. our ex-forts to them are roughly very roughly 7 tenth was one percent of our gdp that's a fall of 7-100th charles said imported a lot of steel for highways and railroad it is that we don't ride on and nobody rides on but not importing from us. they import coal from us and keep it flop they're not a big enough factor to warrant knocking two or three trillion off market cap capitalization. >> domino effect learning that european countries are seeing exports flow to south american countries the same that it does have this effect that is, you know, more psychological lately.

but it is very real. the selling is very real. overdone? >> well the selling is very real neil there are great many traders on many stock and commodity exchanges all over the world they have their princeton. they need to make money so they think of reasons to move the market. but look our trade with rest of the world is a small fraction of our gdp if you take the rest of the gdp, and rest of the world and knock 10% of it and hardly marts at all in term of our gdp, meaning of the but nowhere near meaningful to move the markets. traders move the market and make money. they buy beg houses and, and porsches and ferraris it is not real but shows that shading phenomenon. >> wild all right can you stick around? >> qield of course for you neil, anything. ben stein here, more on the donald trump versus jeb bush fit it is getting nasty out there,

after this.

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call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now - and down the road. i have a lifetime of experience. so i know how important that is. >> back with buddy stein, and mcdowel with us focused on jeb bush jumping ugly with donald trump and jumping ugly with jeb bush wow here we go. nasty race is on. : it is. jeb bush had to do something, and yeb is getting creative i'm going to point to he tweeted about this, and on the jeb bush website. twitter thing is big by the way. he tweeted this there's a buzz feed like quiz that you can take on his website it is like would you rather support a candidate to and you pick one. one my favorite one is would you

rather support a candidate who strives to shake every hand eve where or is a germaphobe when it comings to shaking hands those were the two? he's get down and dirty by the way donald trump used to be a germaphobe. trump in all of this he didn't let a nanosecond go by without responding reminds his campaign has an operation in place here that will not waste time dealing with this sort of stuff. >> a quiver full of these thinkings ready to go. i don't know if that is -- except saying okay bring one out, you know, and probably get a whole arsenal ready to go. listen, they're playing a game that drumple created he brought to the game. this is politics as cial usual but donald trump's play ground. said weird they thinks jeb trying to explain broaden asians, now walker is associated with building a wall with china. they have -- [laughter] played a a trump game.

>> but he's sucking oxygen out of the room, and i guess since sunday he plays that game because he's going to up the antiwhat do you make of that? >> i make of the fact that mr. trump is a serious candidate for republican nomination is so -- stupendously i can't get my head around it. no experience in government. a man who has been sued for -- sued himself in the bankruptcy over and over again and does not have the world best reputation in any area that i can think of why why on earth consider him as a serious president? republican -- experience for the prize. i can't believe -- i know they are, and it is horrifying me. i don't know what else to say i'm not a billionaire i can't put up billions to fight him i'm horrified.

>> put you down as a maybe on trump. so on this -- do you think that this is just going to lead to the republican party regardless of any opinion on any of these candidates what do you think of it? >> i want his slogan your words bounce off me and stick to you. i can't wait until carly fiorina gets on the stage with them. if how she handles him. words that she chooses, an if he goes after her, directly because again welcome it is very different going after a woman on twitter. but when you start getting -- getting ugly jumping ugly with somebody on -- >> done with with you and the day. >> right you don't need to jump ugly. [laughter] >> give bad investment to investment and i'm showing up at your house. >> if your hoses refuses to put cream in your coffee it's a rough day. >> listen, have you seen recent

pictures of rubble looked like it could be one eve these things. my son is going to vote for the very first time. you know, initially i thought i was going to have a chance to interview trump today but it is going to happen soon. he said two things for me when you see drump. tell him i love him and i want his phone number, i want to talk to him. >> mention ben steiner? >> but he was nice and my son love it is ben steiner as well. but trumple more. >> kids are energized by trump. >> i don't think ben gets it. ben i agree with you a lot of people say why how can he be doing and polling how he's polling but his positive is up. negativings are down. defies almost all political convention what do you think of that? >>ening i think it's terrifying numbers are numbers he's doing very well. i agree his message is getting

across. people want a you have it guy, they want as we say a starker -- but this guy is no experience. what is wrong with being a billionaire? how he got billions? >> what is wrong is that government is a huge enterprise and it takes experience to run it and not something to walk into and run. even dwight eisenhower a true genius amazing min in terms of organization had had trouble learning ropes in government it is not easy for donald trump. we need somebody with experience. >> think about it, carly and ben carson also in that huddled in that top three in iowa. assumption going on. >> american people hate politicians and hate media an donald trump is going after both of them. well -- you know, he goes after the media. the media.

but you know what? he's tougher. the people are getting behind with the big stick. >> you agree with that. >> right now, absolutely. [inaudible] >> i do -- >> walking policy. [inaudible] >> still good for you.

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>> it is the chart of the day. neil: neil: who needs a chart what you already know. everybody except claire who is not exactly a fan of this show. look when the rally picked up steam. many of you who were in doubt, noon eastern time. i'm thinking noon eastern time, what is going on? wait a minute! "cavuto: coast to coast" back on. you can see the markets as well as i can. trish regan, top that, young lady. you have to keep this rally going! trish: we have a big report

coming out of the fed right now, neil. this is "the intelligence report," everyone. i'm trish regan. this is the federal reserve beige book, a read on the economy. big indicator where this market will go in today's trading. we have right now. peter barnes, what does it say. >> reporter: trish, the beige book says moderate and modest economic growth continued across most federal reserve districts late july and most of august. six districts reported moderate growth, five reported modest growth and one cleveland reported just slight growth. this is the survey of economic conditions that the fed will use at it is of its next policy meeting two weeks from now. it could raise interest rates from sear near sear record for the first time since the financial crisis. a lot of mentions of falling oil crisis and china's, strong dollar and economic problems all