they generate more cash than earnings. liz: scott, we have to run because of breaking news. great to have you. we'll put your picks up on facebook.com/liz claman. and they are two new picks. david asman and closing bell. [closing bell ringing] david: green all over the screen. major rally underway as markets get back to work. you heard news from the world bank, asking the fed to delay a rate hike and hold on to your hats, everybody. top strategists think stocks could climb another 10%. that would bring it melissa francis, back to where it was at the top. we may retrace the losses of august. >> here we go. here are closing numbers on wall street. you can see the dow trading up almost 400 points.

david: well over 2%. 3% in some cases. you're make an money on first back from vacation. let's head to the floor with lori rothman. what is behind this rally. >> hi, there, david and melissa. stocks shot out of the great, with great -- i won't say great but positive out of europe. china may intervene in its markets. troubles sparked volatility of late. very low volume. looks like we'll do 783 million shares. trading hands well below a billion shares, well below the daily average. trading was pretty much sideways. we held on to triple-digit gains except last hour we shot up biggest increase of the day as you guys have been reporting, the world bank advising holding off on an interest rate boost in the u.s. next meeting u.s. in two weeks.

dow leaders, ge, walmart, intel, cisco. regulators approving 13 1/2 billion dollars acquisition of the power unit. you have all 10 s&p sectors also in the green today. very few shares closed in the red. we're down crude oil, call it stable. commodity at 45.90. below 46 handle. little changed. low gas prices are a big theme through the holiday weekend. in terms of technology, the nasdaq you saw up over 100 today. tech really took off. of course the apple, big unveiling of new ipad and other products tomorrow. all eyes there. send it back to you guys. david: lori rothman at nyse. melissa. melissa: for more on markets we have financial times editor. and raymond james chief financial strategist, jeff saut. and ira epstein of the lynn group. thanks for all of you joining us. jillian, start with you. another wild day in the markets.

>> big theme at the moment. melissa: absolutely. jeff what do you make of that? how long do you think this will continue? is it all reaction to what may or may not happen with the fed? >> yeah, i think it has a lot to do with it. news over weekend was obviously constructive. we told accounts that you probably get a move like you saw on august 26th and 27th coming out of compression oversold low. looks to me you will get peekaboo above two thousand. we'll come back down and test lows again. -- 2,000. >> ira, what do you think about the news out of the world bank, liz claman told to us? world bank piling on tellings the ned not to raise rates? >> they will do waver they can to shore it up, what they're asking for, the imf, world bank, let them do their job. you don't have to throw higher rates out in front of everybody right now. and that's what seeing.

remember, now, you rally now, get to september 17th, get different world. seasonals in september and stock indices are up at finishing of the year, after the 20th a bit down. remember october, rarely a great month either. melissa: there is always a reason not to raise rates. no matter what time it is have is, don't throw that out in front of us. we've been sitting at an emergency stance for years. >> so what? who cares? stay here longer. melissa: hang on. go ahead, leif. >> i understand an argument for wanting to raise rates now and i understand the argument not wanting to raise them. i don't think the fed can afford to race them. december is certainly more in the cards. we have earnings coming out in october. i think there is some concern about these earnings. having high rates just before earnings season i think will be problematic. i think the imf, the fed needs to listen to them. they have been sending same message.

this isn't the first time we heard this. melissa: julia, ira said, so what, who cares? i will give you a couple different reasons. we're in emergency stance, what if there is emergency? nowhere for the fed to go here. what could they possibly do? we're making wealth gap so much bigger. so much free money, buff by will borrow money to do deals. why not. it is there and it's free? >> here is another reason frankly, because the fed is telling us for a long time it is data depent dent. that is the official mantra. here are two key pieces data. unemployment fallen specifically. it is where the fed said it should be before it said it will raise rates. numbers are lower than beginning of qe. in terms of actual macroeconomic data, if you're looking at united states there is no reason not to act. of course the reason why the world bank and others are so concerned is actually nothing to do with america. it is to do with the rest of the world. in particular, the emerging

markets like brazil, india and china above all. that is what people are really concerned about right now. melissa: yeah, jeff, reason world bank and imf are weighing in, will maersk dollar stronger. if you raise rates, that it where you go. jeff, are you with us? >> yeah i'm with you. melissa: go ahead. >> you can look at the dollar on a trade weighted basis and dollar is pretty strong. if you look at the dollar index it peaked in march and april of this year and has not made a higher high. so i think the fed could race rates. i don't think the fed will race rates. melissa: ire remarks go ahead. >> i agree with that. in fact he hit it right on the head. look at euro. you're not at 104. you're pushing 112, 113 there. what is the big thing we don't raise rates now? the cme has a fed watch page. why don't people look at it? you see september probability under 20% of the most of the day. you're seeing october about in

40s. december, in mid 50s. smart money saying fed doesn't have to do anything and most likely won't do anything. melissa: of course the market will say no as loud as possibly they can. isn't that what a lot of his sy fit in the markets has been about? >> i don't know. i don't really agree with that. i think sentiment are saying please raise this, because we need to load up ammunition for when things get bad. we'll roll into election year. things could be a little rocky. wouldn't be great to lower interest rates in the future if we need them. i do understand that i think there is sentiment change. i don't think it is accurate one. i think we may be throwing out, we may be a little early to the party. melissa: got to leave it there, guys. thanks to all of you. good discussion. david. david: proof rates are too low, as you said, melissa, warren buffett is borrowing money. why would a multibillionaire borrow money unless rates were

too cheap. amazon shares popping on a report that the online retailer will release a $50 tablet. the new fire device will have six-inch screen, half the price of its current tablet. all according to "the wall street journal." magical news for disney fans. customers of amazon and microsoft's video services are going to get access to the studio's cloud-based digital movie library. this includes "frozen" and of course the "star wars" films. apple is ramping up hiring of artificial intelligence experts posting dozens of job listings to increase size of the a-1 staff. shares seeing a bit bit of a bot ahead of tomorrow's historic event. steve jobs made it famous and copied by tech executives everywhere. once a year product unveiling in san francisco. rumors this year are swirling about toys they're unveil tomorrow including new generation iphone, refreshed

apple tv and a lot more. here with a preview our very own liz macdonald. >> yeah, that's right, david and melissa. we have a round up what the best analysts on apple are saying you can expect from the event tomorrow, starting at 10:00 a.m. pacific time. big auditorium, enough to hold a rock concert over there in san francisco. here's what they're talking about. let's focus on the iphone. the iphone of course is nearly 70% of apple's annual revenues. about a big 123 billion bucks there. thinnest version of i fenn to date. thinner than i touch and ipad. rose or gold colored iphone. other phone and device that can block online ads and force touch phone. they're talking that the force touch phone could be heavier, thicker, watch out for that as well, stronger alloy. faster apple tv. touch pad remote control.

motion controls on your apple tv remotes to play videogames. talk now, new streaming on apple t v-necks year. there is also talk too about content. whether or not apple will have in the app store, say hbo or espn app. that is a way to get content introduced into the apple store on apple devices there. is issue about apple getting contact for apple tv. a better battery as well. smartphone, the iphone, possible 4-k video capability on the iphone. we'll be watching all of this. a stronger camera as well as on the iphone. still talk of a better battery too. back to you guys. david: liz macdonald, thank you very much. melissa: want to show you markets one more time. huge day in the markets, up almost 400 points on the dow. look at that, 390 points, up 2.4%. s&p bounding higher as well. 2 1/2%. nasdaq highest on percentage

basis, almost 3% on the day. wild ride in the markets continued today. you can't afford to take your eyes off of it coming up more on today's big market rally. why top strategists say this may only be the beginning, david. david: a major airline canceling over 1000 flights ahead of a pilot's strike. what you need to know before you fly tomorrow if unfortunately you have to. melissa: really. new song for a new bond movie. we'll tell you who is scoring this coveted gig. ♪

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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 $509. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. david: another wild day for markets this is good news, positive momentum going into the close. dow rallying 400 points.

world bank asked for the fed to delay a rate hike, they asked people. melissa: hillary clinton email controversy, new review by two intelligence agencies confirm at least two emails on the former secretary of state private server had classified information. fox news's catherine herridge has details on this catherine. >> reporter: thank you, melissa. this afternoon the state department dug in insists they disagree with the conclusion of two intelligence agencies that the clinton emails contained top secret information that is the highest classification. >> it is not, we're not playing chicken with the intelligence community. i think we, still hold and maintain our view, that these documents do not require that classification. we're building that case. we're doing analysis to support that. >> reporter: fox news was told cia and nga, in charge of over head i am emergency ray of spy

satellites because only their agency was involved. only intelligence agency gets into the first place has authority to classify. in both emails state department did not have intelligence and did not have classification authority. intelligence community watchdog known as inspector general, overall classification of those two emails remains unchanged. both emails were classified when they were created and remain classified now. fox news was first to report an a email, from aid huma abedin kick started probe and had agencies from the nga, cai and defense intelligence agency. state department confirmed transparency czar is prepared to handle flood of email lawsuits. janice jacobs, who recently retired from the state department contributed $2700 to the clinton campaign. fox is checking with the state department and whether they also considered this a conflict of interest, melissa. melissa: catherine, thank you so much. david, you're welcome. david: includes information

about north korea and nukes, for goodness sakes. city of baltimore agreeing to pay $6.4 million to the family of freddie gray. the 25-year-old man who died in police custody back in april. baltimore sun reporting this payout is larger than the total amount for more than 120 past lawsuits brought against the police department for alleged brutality and misconduct since 2011. u.s. district judge david bunning is now ordering the immediate release of kim davis from jail. judge bunning said he is satisfied the kentucky county clerk's office where she works is fulfilling its obligation to issue marriage licenses to legally eligible couples. davis has been ordered not to interfere directly or indirectly now with this process. lufthansa saying it is canceling a 1000 flights tomorrow in response to a looming strike. pilots planned to walk out in dispute over cost cuts, pay and benefits. the airline will operate only 500 of its flights tomorrow. estimated 140,000 passengers are

going to be affected by some of these cancellations. i hope you're not one of them. melissa: hillary clinton has got a new attitude, very spontaneous. the presidential candidate is expected to show more humor and heart on the campaign trail. hopefully she will have better luck this time around with that one. plus the white house weighing its options as european countries are opening doors to refugees, flee hing from terrorism in the middle east. we'll be right back. ♪ you can't breathed. through your nose. suddenly, you're a mouthbreather.

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melissa: after facing devastating pushback from hungary last week, european migrants are hearing more bad news. european nations are overwhelmed by the thousands of refugees from the middle east, now seeking asylum. will there be any relief for migrant families as countries remain split how to cope with the crisis? fox news's amy kellogg has latest developments from london. >> reporter: melissa, the u.n.

high commissioner for refugees says that europe's asylum system is quote dysfunctional. hung todayry has taken a lot of heat for putting up razor fence. french president questioned how east europeans would have felt 25 years ago when they were busting through fences and over walls, if western europe had said hang on, not now. but those were europeans. these are arabs, afghans and africans and there is already a fair amount of anti-immigrant sentiment on the continent. some countries say they only want christians. u.n. says such statements go against the principles of humanity. germ think which plans to take 800,000 refugees is asking for quota system. poland and hungary are pushing back. greece, ferrying thousands of islands off the islands where some migrants arrived on boats to the main land now, is one of the country's totally overwhelmed. britain's prime minister says it will take 20,000 over the next five years. opposition leaders say the u.k.

and others should be taking more. >> our heart and our head should both be telling us we need to respond to the scale of this crisis because it noise the going away and simply because we can not help everyone doesn't mean we should help no one. >> reporter: but, melissa, the one most are agreeing on there has to be a better way to process all the migrants, preferably crowser to home. that way they would be discouraged from taking those perilous journeys and in rafts and very rickety boats. but i suppose at this point it is very difficult to think of how that tide of migrants streaming every day by the thousands to europe will be turned back. melissa. melissa: amy, wow, david. david: few things are more heartbreaking than chaotic scenes of refugee families fleeing terrorists and dictators in the middle east. some fear the very same terrorists causing this exodus may actually be taking advantage of it by planting operatives among the crowds. this makes our state

department's response to what's happening all the more difficult. walid phares, fox news middle east and terrorism analyst weighs in. first of all, dr. pharis, where did all this come from? from my recollection, it all seemed to begin with the u.s. support of what was called the arab spring back in 2011. that is when everything began to fall apart. am i wrong? >> no, you're not wrong. actually there are two different issues. sometimes we tend to merge them. why are these refugees fleeing syria on one hand? second, how are they getting to europe? this is another bigger issue. why are they fleeing, as you just mentioned? it is result of arab spring or revolution gone very wrong in syria. they're fleeing both isis and jihadists on one hand and the assad regime. now the second question, they are first crossing into turkey. people start talking about greece and on. how are they crossing turkey, sailing from coast of turkey into these island and once they are on these islands already

technically in europe? that is a big question mark. david: seems such naivete during that arab spring thinking everything would be great. muslim brotherhood would take care of everything. look what we're left with. very quickly, walid, what about the fear that some people have that isis may be putting plants in this these groups, terrorism plants hmong refugees? >> we're beyond fears and possibility of looking forward to cases. isis itself according to some websites, verifying this, saying we are sending jihadists. whenever they said that in past about libya, somalia and beyond they were right. they are saying they have been sending of hundreds of jihadists. there is no way -- for simple cases political asylum, the europeans are in difficulties. how now with 10 of thousands of refugees in the borders. very difficult issue. david: frightening, frightening

set of circumstances. dr. walid phares, thank you very much. rally going on. stock market. strong world and crazy market. "barron's" new prediction will have you making more money by the end of the year. melissa: who is the most honest of them all? putting trust to the test across the nation. we'll have the results coming up. ♪ at rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda.

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at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. david: what a good day for the dow. the dow surging, ending up

nearly had hundred points. 400 points. the today's is fifth positive day out of last three weeks. wall street's top strategists telling "barron's" to sit tight. we could see rally over 10% from friday's close. strong, market crazy world. they see the s&p 500 climbing to 2150. up 4.4% for 2015. we have jeff saut along with eric shiver, patriarch equity. thank you for coming. jeff, are we retracing steps back up to 18,000 in the dow? >> we told clients this morning, late last week you will probably get a few day rally luke we had on august 26th and 27th but we're in a bottoming process and it is indeed a process. if you get a peekaboo look above 2000, i think it kind of stalls the markets out there and you

come back down. like a heart attack patient doesn't get right up off the gurney to run a 100-yard dash. david: leif, something else about heart attack patients, psychology place into recovery. we had double-digits gains over past three years. one year we had 30% gain. are we spoiled by this? is that why we think we'll retrace steps back up to where we are? >> we always want to be -- >> i think that is the hope. david: hold on. leif, go ahead. >> we always want to be positive, optimistic. i love that i feel better if "barron's" would have big bear on cover of "barron's." i don't think we hit bottom. if people have not baird up. kind of concerns me we have fallen as we have, bull is on the front so to speak smiling sort of still. david: right. >> i'm not sure we're ready to go higher quite yet. david: eric, on the other hand we heard warren buffett talk to our own liz claman about how the economy is recovering. he is buying into stocks like

ibm. ibm has not seen price levels as it is right now since 2011. so there appear to be some solid companies with valuations that are pretty low. should we start picking them up? >> well, warren buffett looks at things over a three-to-five year period of time, maybe even longer. for the average investor i think there is going to be a lot of pain ahead. i think you're going to see with these ridiculous valuations a situation where we could see 10, 15, 20% down from here. and so, if you're, if you're in the market, needed cash, you definitely want to get out because likely will get a lot worse. there will be carnage ahead before we begin to move upward. so, you can't compare it to buffett who is looking long term. david: jeff, you were going to talk about the psychology of the markets right now. go ahead. >> well, the psychology of the markets is, you haven't seen anywhere close to the enthusiasm

market peaks. most investors don't believe we're in a secular bull market. i don't think the bottoming process is complete yet. i don't however, think we'll go down 20% from here either. david: leif, the federal reserve board claims they're not influenced by what happens in the stock market. i don't believe that claim, but that is what they claim. if the markets do recover over next week, doesn't that kind of put extra pressure on the fed, to raise rates because economy appears to be doing okay? >> i don't think so. i think janet yellen has done a really good job kind of explaining, outlining what her measures are. i don't think we've hit inflation numb about that she says we need to. i don't know if the jobs are quite good enough. i think the great thing about janet yellen she has been pretty clear about her goals. you're right, market will look a little better. a lot of people will speculate that the fed will raise rates. i don't think that will happen. david: eric what do you think? if the market does improve next

couple days, does that put more pressure on the fed to raise rate as little bit? >> you will see elvis before you see them raise rates. david: jeff what do you think finally? >> i, my motto called for fed to raise rates in november even though there is not fomc meeting. i don't think there is a right question. the right question is the pace how fast they raise rates and start raising rates happens. david: will probably do one and out. thank you very much. melissa, over to you. >> whether on wall street or main street here who is making money today. google in an effort to step up competition with amazon, google plans to start testing delivery service for fresh food and groceries in two u.s. cities later this year. general manager of google express says the trial begins in san francisco and another city yet to be named. the movies were the place to be this summer compared to last summer. sales at north american cinemas

were up more than 10%, nearly 4 1/2 billion dollars with movies from universal and dizzy controlling 60% of the market. sam smith is making money and new music of the singer recorded a theme song for the latest james bond movie. the track is called, "writings on the wall." it will be released later this month. smith says quote, this is one of the highlights of my career. very grateful. david: good for him. congress is back in town, taking on iran nuclear agreement but is it already a done deal? plus donald trump is mad as hell and not going to take it anymore. the millionaire planning a massive protest right in our nation's capitol. details coming up.

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i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? melissa: no veto pen required. senate democrats securing enough votes to block a gop resolution that would block iran nuclear deal. former vice president dick cheney lam slamming the agreement earlier today.

>> arming and funding iran while simultaneously providing a pathway to nuclear arsenal is not a act of peace. it is not as president obama claims the only alternative to war. it is madness. melissa: let's bring in today's panel. walid phares is back along with kt mcfarland, national security analyst and judith miller, manhattan institute. also a fox news contributor. kt, i want to start with you because i hear people say there isn't compelling case against it. why not? >> compelling against the deal? you bet there is a compelling case against the deal. why? because it is not verifiable. it is not enforceable and they will have extra $100 billion even only put 1% to support terrorist. mos in the region which they already announced they will do. so i think it is bad for all those reasons. the president says alternative is this deal or war, no it is not. diplomacy is conducted between a big space between capitulation and war and where this

administration refused to go. melissa: judy, the other argument, what we've been doing hasn't worked. we squeezed people. they haven't overthrown government. why not try this maybe getting fantastic goods around the world, coca-cola, pizza hut, apple, people will decide they don't want to live under the regime? >> the what the people want in iran is hardly the issue. it doesn't really matter. i will disagree with my good friend, kt, when shy has alternative. >> i have it. >> better than the bad agreement i want to hear it but so far, there haven't been enough good reasons to persuade anymore than three democrats to dessert the president. melissa: before you get to the alternative, let walid in. what do you think of conversation so far? they're about to fight here. which are side are you on. >> go financially very easy. give $150 billion to the regime which will build a dome with missiles and toys they buy to the world or give $3 billion opposition and give new iran you

don't have to fund with weapons. we lost option working with the iranian people. that is the loss. melissa: kt. >> that would be my alternative. it is not iran getting nuclear weapons but this iran is getting nuclear weapons. it is regime change. what you do to take down iranian regime? take down cyber wall. iran conduct ad cyber wall around population. they can't use social media and worldwide web. only thing they know is what the iranian regime and government wants to tell them. tear the wall down. most internet savvy people in the entire region take it down themselves. melissa: judy, is that possible. >> no. i have been they're a lot. they are the most pro-american people on planet. the problem it is hard to get rid of the regime. tearing down cyber wall will not do it. when think went out into the streets to try to get rid of their government, just at beginning of arab spring, this administration did nothing to help them. that is the problem.

it will be very hard to get rid of the regime. you're certainly not going to do it by opposing this nuclear agreement. melissa: meantime, walid, does this do more damage than harm? ore is it a step in the right direction, this agreement? >> i think it is not just about us and iran and israel. you have about seven other arab countries that are not very happy with it. iran has troops in iraq and syria and lebanon and yemen. this agreement will not solve all other issues. it will actually give more weapons to the iranians to increase their influence in the region. the agreement is not good but i don't see another alternative. does not mean we need to go with this alternative. melissa: kt? >> final word. it is not even iran getting nuclear weapons, it is what other country notice region do, bahrain, united arab emirates and not even them getting nuclear weapons. it is when they overthrown. governments are toppled seemingly overnight. my worry nuclear weapons in the region ultimately in the hands of isis.

>> it will be up to the next administration to stop egypt and turkey and saudi arabia from going down that path. we may have some strong leadership again. i think, stronger than this administration no matter who is in office. >> i don't know how we'll be able to do that. that is the impossible. thanks to all of you. >> thank you. david: isis with nukes. thanks a lot, kt. that will keep me up with at night. new strategy, hillary clinton's planned spontaneity. yes, planned spontaneity on the campaign trail. prepare for veep impact. calls are growing for joe biden to run. details coming next. ♪

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melissa: another wild ride for the markets. positive momentum going into the

close. you had to see the rally. dow closing up nearly 400 points as the world bank asked for the fed to delay a rate hike. look at that. big day for the dow. david? david: hillary clinton's campaign is getting somewhat of a makeover. clinton strategists are calling for her to show more humor and more heart but as vice president joe biden picks up more supporters is hillary's change of pace too little too late? our panel weighing in. rick fowler, democratic political strategist and radio show host, dan henninger, editorial page editor at "wall street journal" and judy miller. good to see you. is hillary's attempt being taken seriously including a lot of democrats? david axelrod wrote a tweet. today's "new york times" story on hrc, reads more like the onion, a satirical column. what do you make of that? >> actually whether asked

whether her server was wiped clean, she said, you mean like with a cloth? i thought that was pretty funny. i don't think being funny is a problem. the problem is telling a straight story about what went on. this is candidate who democrats assumed would be their nominee years ago. and here they are, they have a nominee really not that good at conducting politics and obviously she is not that good at answering hard questions about her email server. david: rich, based on that tweet by david axelrod which is practically thumbing his knows at hillary clinton, i'm wondering if the democratic party as whole beginning to think throwing their support behind joe biden? he had this big rally in pittsburgh, run, joe, run, the crowd kept chanting. is it inevitable that he runs? >> that is only a question the vice president can answer. david: obviously, rich, but what do you think? i'm asking you, not the vice president? >> i don't think anybody in

washington knows what the vice-president is going to do. if he enters the race he does create some competition for hillary clinton. which is good for democratic party as whole, right? you create new voters and build the base up. get to excite the base, always good going into presidential election. i didn't read david axelrod's tweet as others and i'm not sure, why know why the new york sometimes is writing story. david: excuse me. the clear implication from the tweet, the ridiculous for her to reinvent herself now. too little, too late. i'm wondering, judy, do you think inevitable that biden will run and will white house behind that? >> if she continues to falter i think more than likely biden will get in. why not? look her trust numbers are plummeting. they continue to struggle with email. did extraordinary email.

agree with david axe sell rod. those are words i thought i wouldn't say. it was extraordinary interview in the "new york times," one indicated on way to the coronation that the first lady may have tripped and they need to reverse strategy. but whose strategy is it? it is not a bunch of aides. it is her strategy. david: there are attempts by hillary to make up for the email thing, and perhaps slow response. abc news reporting saying it was mistake. she is adding she is sorry. she takes responsibility. but clearly democrats are worried thinking about what happens if it is donald trump for example. a guy embodies authenticity public cares about speaking your mind against somebody who is the exact opposite? >> david, we've been raiding all about bernie sanders gaining on her in iowa and leading her in new hampshire. but the nbc marist poll last week that looked at those matchups, also matched her up against jeb bush in iowa and jeb beats her 50-39% in iowa.

and donald trump beats her as well by 48-43%. it gets a little bit tighter if they're matched up against joe biden. jeb beats biden but biden beats trump. where does hillary figure into that? if they are numbers keep falling way they are, the pressure for biden will be great. david: go ahead, rich. >> if you're looking iowa poll and looking at new hampshire poll, you're looking at iowa poll. iowa will likely go red. that is not state hillary will focus on in general election. what the hillary campaign they have to have a real conversation with the american people. she started that today. today she released how she would do with campaign reform. david: being chided by people in the white house. being chided by people like david axelrod. judy, even when democrats can't take hillary, can't take her seriously, i don't think independents or republicans will? judy. >> well, i mean, look, she could

still be and more than likely to be the nominee. that hasn't changed given her numbers, her organization, her money. the problem what happens with this fbi investigation. the emails as dan said. if she can't get her story straight and tell the american people because it is the story, then biden must step in. david: dan, finally there is republican problem with trump. there is a lot of republicans that are anti-trump. he is going way up in polls as plurality but a lot of republicans who don't like him. they won't vote for hillary, but if joe biden gets in the race they might vote for him. >> i don't know how many republicans would actually vote for joe biden -- david: between trump and biden i know a couple. >> i understand what you're saying, i think issue whether they would stay home. what would happen to turnout if those voters had candidates they didn't think they could support? who benefits? i think ultimately democrats benefit if republicans start staying in 2016. david: okay. you've got to be last word. coming up, putting honesty to

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>> if you thought a delicious tea and no one was looking and would you pay for the tea or just run? honest tea set up 27 locations around the country to set up national honest index. can you trust your city? goldman of honest tea has answers. i love doing this with you. because, stories, i have to be honest, i'm surprised anybody pays, if they don't think anybody is watching. i feel like we live in culture where people grab stuff for free all the time. before we reveal who won i want to get to fun stories, last year

i think you were in d.c. and checked the box and someone stole your bike while you were there. what happened in d.c. this year? >> well, once again, unusual occurrence. first time ever. when we put the money out in a box. it is lucite box. there is a slot but not locked down. and somebody reached into the box and took some money out. that hadn't happened before in all years we've been doing it. so that was a little disappointing. deidre: that happened in washington, d.c. too, right? >> it did. it did. >> i'm such a cynic. i'm amazed people haven't stolen from you before if it is not locked. that is new wrinkle. d.c. is not the least honest. >> providence, row island came in at 85%. >> wow. 83%. >> i'm sorry, 83%, right, right. so, yeah, it is funny. overall very positive result. and actually, even 83%, when i asked people, what do you think,

just, like you said, you know, they thought maybe 50% of the people would pay and take money. actually 94% of americans put money in as an average. to me that is really impressive. >> it is amazing. >> providence, i remember they had a mayor, who went to jail not too long ago. i lived there for a while. beautiful city. so, i don't know. the most honest city, you actually had 100% rating in atlanta, is that right? >> yeah. first time ever we've seen that in atlanta. 100% of the participants, this is a sample, pretty robust sample. we're not talking about five or 10 participants. there were dozens of people who participated over course of a day. >> this is genius way to promote the brand because you're about honesty within your products. transparency and everybody knowing what is inside and buying into that. ties in particular this time of year, or this cycle to politics where transparency is issue and honesty is issue.

seems like in america, if you look at races stacking up, people are sick of traditional candidates very entrenched. key issue they're not honest and transparent on both sides. they're embracing people they feel like are telling the truth. what advise would you give candidates not being perceived and transparent. as king of honesty what would you tell them. >> come to authenticity. we have little tea particles in the tea. the goal is not filtered to look in a way everyone thinks isn't natural. every person has their own natural flaws and i encourage candidates to let themselves be scene in less filtered moments. what they look like in the american r morning after they exercise or private personal conversation. let microphone stay on a little bit.

get real human interaction. >> we're ought of time. that is genius. thanks for coming on. we really appreciate your time. that was great advice, wasn't it? >> i'm sure some candidate will hold up a glass of honest tea before the campaign is over. that does it for us. "risk & reward" starts now. deidre: the dow closes up close to 400 points, the second best day of the year. all 30 components higher. nasdaq back in green for the year. clearly summer is over. it is back to business. starting to today on "risk & reward," we'll bring you the view from the top. decisionmakers across all ideas. hedge fund managers, real estate investors, tech titans, it is a an immense lineup of big name exclusive interviews. starting today our exclusive conversation with the world's most successful hedge fund manager. at close of last year, pershing