judge napolitano: his master's voice, that is the voice of a master, very talented at this. connell mcshane could duplicate what you just did. stuart: i want to see you because -- what we came up with. >> we are ready to go. talk about stuff to talk about. connell: that was something to watch. i am connell mcshane in for neil cavuto after this donald trump news conference we watched at trump tower. he defended his donations to veterans charities and other topics but he has been scrutinized for not immediately making good on his promise of some events after the fundraiser in january so he held a news conference at his back big time at all of us in the media. watch this. >> the press should be ashamed of themselves. on behalf of the vet from the press should be ashamed of themselves. they are calling me and they are

furious because i send people checks, a lot of money and give you the names right now which is what you want and instead of being thank you, mister trump or trump did a good job, everyone says who got it, who got it, and you make me look very bad. i never received such bad publicity for doing such a good job. connell: he ran through those names and the total numbers are $5.6 million, charlie gasparino was there and is still there. former navy seal trump backer and the daily beast, also -- just on with stuart, just heard what you said. why don't you go first. it was something to watch, a press conference about the press. >> it was a sizable hold but the bottom line, he wanted to shame the press for asking these

questions with this is our job. we are supposed to hold politicians and people like donald trump who i guess is a politician now accountable when they say they did something. he that he raised this money. for weeks, for months his campaign couldn't tell you where it went. corey lewandowski, his campaign manager told another publication it was 4 $.5 million a couple weeks ago. this was a question that hadn't been answered, and the republican nominee -- >> he did answer it today. he said you have done a lot of reporting on this personally and you did raise a lot of questions jackie talked about but now we do have sufficient answers. >> i will say this. this is the liberal media which first raised questions where these donations are going, the liberal media known as foxbusiness and the weekly

standard. that is the liberal media but first, i'll be for the paper to catching up, we were the first to do it. 's claims about the liberal media raising questions are absurd. we are supposed to put his feet to the fire and say where is the money? the answer coming after the weekly standards to raise these issues was inadequate. let's be clear, there is one political candidate who has given $6 million to vets and it ain't the person who runs the clinton foundation. it is donald trump, he deserves some degree of thanks which he gave $1 million to the law enforcement sensation, a group i helped in the past, given a few bucks, not $1 million, less then that but it is a good organization that helps the families of marines and other law enforcement people, when the breadwinner that was in law enforcement was killed this is good stuff he is doing but i will say this.

i have never seen anything like that. ashley: he gives the press conference we say that but he tries to turn this on the media making it their fault for asking questions. that was too much to take at certain points. >> i was surprised you weren't called on and other people were. >> i tried to ask a question. i don't know for sure. i tried to ask a question, looked like he looked away. what he does is answers questions and call them names. >> i call them names before they asked the question. i want to get carl's perspective because he is a veteran donating to veterans as a former navy seal, and a trump backer. your reaction to this not only today but the buildup, the questioning done by us in the media of mister trump. >> to jackie's point the media's job is to hold feet to the fire to be accountable and things like that, but what they did was automatically said i don't think

trump gave him the money, they banned them in the media before saying wait until it comes out. he gave 350. and a lot of -- a lot of media said i don't think he gave it. >> one of the things -- >> go ahead. charles: the reporting of this, i respect your opinion and what you did for the country but the bottom line, respect me in doing my job as a professional. i made the calls, their answers were inadequate, evasive and it looked either like he didn't raise the money and we gave a chance to respond or he didn't know -- he had the money, it defied credulity. i wasn't out to nail donald trump on this.

he gave inadequate answers because probably he didn't raise the money. that is probably what happened is they had pledges still coming in, he said the money would be there, it is there, it has been given out but he wanted to vent these things properly. >> they did not respond. >> it looks like some of the members of the media, a common person might not look so much. >> i don't think so, 6 months after the fact he raised $6 million, not $6 billion, donald trump is worth $10 billion. if you can't get that money you can pull it out of your pocket and wait for it to come in. it defies credulity the way they handled this but today was great, you cannot deny it.

this is good stuff. >> it was a four month process what we went through to get this. >> january, february, march, april, may. connell: you have been waiting patiently to make a point, go ahead. >> to the point, he didn't tell the media the new information they were vetting these organizations. you should that these organizations to make sure they are worthy of the money that is being allocated. he didn't tell the media, we don't read his mind. unless we are told. >> a lot of people would say -- i am sure carl would make a point, it is a winning day for donald trump to stand appear and make these comments so people at home and the way they read it. >> the newsflash, donald trump doesn't owe the media any explanation where he has given

charity dollars. >> it is the people who read us. >> he said he would and did give it to the best. ashley: make one point. and we will let you wrap up and get the final word. you can finish your thoughts on this issue for donald trump, winning issue, he looks better than the media does. is that the take away from trump supporters? >> he doesn't contrary to popular belief so the media an explanation where the money goes. these are charities that he vetted. and out of his own pockets give it to them. and to these veterans -- liz: one was called the sleeve and another was called a beauty. >> let's be real clear here, this is where i split the difference. using it as a campaign prop you

will be held accountable. you get all these organizations, 6 months later or four month later to vet them all. and easily vetted organizations, it is easy to do that. marine corps, law enforcement foundation, they are easily vetted. >> he did find it. and a friend that cnn has the monopoly on being a beauty. thank you very much, charlie and jackie. mean time trump has other issues in the news conference, what would be the idea that somehow a third party challenger is going to come into the race. we have the former governor of new mexico gary johnson, the libertarian candidate but there are others being talked about, bill kristol, the conservative commentator, looking at his

tweet from over the weekend, there will be an independent candidate and impressive one and a strong team and a real chance to respond to that if bill kristol actually does give us boiler to run as an urge steve forbes, a lot of fun. you must be here to tell us you are the third-party candidate. >> 20 years ago maybe. >> nobody else. i will ask that, everybody they think is going to be the person seems to say no. does crystal -- >> a veterans contribution, where are they? crystal has not provided a name yet. connell: okay with way trump handled things on the veterans with charlie and company?

>> he is okay. does bill kristol have a person here? >> if he has one he would have unveiled that person because time is of the essence, want to get on state ballots and two to get credibility for the campaign and have people believe you can draw votes not just from republicans the democrats and independents. >> deadlines are coming up very soon and the state like texas is complicated so you will have court fights. in terms of the third-party you could get a scenario the third-party challenge will come from the democrats. the report that pushes the justice department to do what they don't want to do it have a real report on hillary clinton, you could see those delegates, the superdelegates and conscience clause among democrats, you cannot support the person you are pledged to you are allowed to go to another candidate. bottom line, you could get joe biden, sanders could run third

party. he might be tempted if joe biden pick sanders for vp or pick somebody like elizabeth warren. in terms of third-party you gotta get a real name to do it and if you don't you get a few votes but it won't make a big difference at this meal of the day. >> any attention, a few votes make a difference in a state and gary johnson. >> in terms of becoming a substantial candidate, try to become a spoiler, using the example of 2000 what ralph nader did to out gore, a big issue with republicans is the one trump played in that email, that is supreme court. do you want three justices to go to a literal democrat? >> they are trying to keep them below 270 on the electoral college or seems like it. >> 20% of the popular vote

didn't carry one. >> a lot of talk about that >> gives us something to talk about. good to see you. steve forbes. let's go to the markets down 92 points on the dow jones industrial average, 17,781 is where we stand with nicole pedallides watching it all from the stock exchange. nicole: we are watching markets under pressure. a lot of things we are digesting, everyone looking forward to friday, all-important monthly jobs report, majority stocks to the down side, disney and nike weighing on the tao. we got mixed economic news as far as consumer confidence, consumer spending went ends gains 7 years but a few things investors having to digest off of a winning week. want to take a look at winners and losers for the month of may and major averages are higher, the tao trying to hold on, 0.1%

higher. nasdaq is the best at 3.5%. you are your winners for the month of may, talk about semi conductors, chips and the like that have seen heavy demand, electronic arts, gamemaker, so with that the videogamemaker has soared, they have more coming on and on the downside, chesapeake, nordstrom, it is no different. >> we talked at about the republican race for president in the last 14 or 15 minutes but what about the democratic side? hillary clinton seems to be a little worried about the state of california.

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connell: hillary clinton scrambling for the state of california. she got a boost from governor gerri brown who endorsed mrs. clinton after she canceled an event she had in new jersey with more time to campaign from the daily caller. just how important this is, not like anybody won't be the nominee but it would look good to lose california to bernie sanders and she might do that. >> practically neck and neck and if hillary's handful of events is an indication internal polling indicates she has to do everything she can to win california because california is supposed to be a place she would win easily. up until now the polling was in

her favor. clearly a democratic state and one of the crown jewels of the democratic party in terms of states they have to win to be taken seriously as the democratic nominee. she goes in next tuesday which california finishes voting will probably know that hillary has secured the nomination but if she goes into next tuesday and gives a speech, victory speech as the supposedly nominee and just lost california that is not going to look good at all. ashley: a different scene at trump tower, nailing the news conference and the whole thing and everybody was there but you are right. if you are hillary clinton it would be like -- i won but it is weird. >> pretty depressing way to go to the general election and meanwhile the nagging problem of bernie sanders, the whole reason she is having this fight is this guy has driven her far to the left in the primary, made her a wounded candidate going into the

general and it will leave a lot of disaffected sanders supporters in their wake because the later and later sanders goes the more likely these people will sit out waiting for hillary. connell: trump says he can win those people over and maybe he can. the journal has numbers on it but most of these people are not big fans of trump, most of them agree on trade, just wouldn't agree with fixing what they see as a problem on trade. you think they will go to trump or just sit out? >> potential bernie voters in the general election matchup with sanders in the race may break for trump. these are not people who are politically advanced event invested in bernie sanders but if you are a person who doesn't go to a particular party but you like the working-class being devastated and you probably won't be for sanders or trump. connell: doesn't make sense on

the issues if you look at the tone and approach, it is good to see you, thanks for coming on. get back to these markets and the declines we are seeing, trying to see three months of gains going so we will see how we finish up the could a looming rate hike from the federal reserve stop the run? markets are prepared, we will talk about it coming up.

connell: if you were watching on friday as the news was happening janet yellen sees rate hikes in the next few months, stocks down 90 points. the fear is the prospect of a rate hike. former federal reserve vice chair joins us now so that is one of the reasons we try not to mark on a second by second basis but take a bigger picture view.

what about an interest rate hike? >> anybody is surprised by the fed talking about a rate hike they have been absent for a long time. we have known this was coming. the only reason it wouldn't is bad news on the economy which chairman yellen does not expect. stuart: she does not see that. we talk about different parts of the economy. big picture, talking about housing, jobs, when you look at our economy right now where are the strengths, the strongest pockets of the economy? >> the strength are the labor market generally, we have seen an increase in laborforce participation, we are not back to where we were before but people are coming back into the labor market to look for jobs, that is the reason we have more

employment and the unemployment rate hasn't come down further or has come down fine but the job market looks pretty strong. the discouraging thing is the slow growth in productivity. we have to rev up our productivity and that means investments public and private. connell: there was a story line for years after 2008 and so on that we were adept at doing more with less and essentially we were more productive given everything we were dealing with and why aren't we now? >> a lot of things changed since then and productivity growth is back where it was before the spirit in the 90s that lasted into the last decade but nobody is sure exactly why, presumably

it is slow demand and that a slowing investments but it needn't slow down public investment. there are all kinds of things you need to spend more money on in the private sector, infrastructure -- i am talking yes, public investment. we know how to do that, don't need crumbling roads and bridges, don't need sewer systems that are 19th century. we can do all sorts of things if they spend money that would create some jobs and skills and be conducive to future productivity. >> this donald trump news conference we watched in the last hour or so, hillary clinton has some worries of her own in trying to get the democratic nomination all put away so to speak, do you think the election

will have an effect on the economic numbers positively or negatively or is it not much from now until november? how much risk is this related to the election? >> hard to say. the worry that i have is we are stuck in a gridlock in washington. one can hope the election will get us out of it. either way. especially, especially if hillary clinton wins. i am a hillary supporter. i think she would get us out of the gridlock. she would have to negotiate with speaker ryan and whoever is in charge of the senate but my hope is she could move us on to do some of the obvious things we ought to be doing like infrastructure and that sort of thing and reforming, can't do

anything mode, got to get out of that. connell: thank you for your time and your viewpoint. how much money can be raised? donald trump will spend his own money, continue to do that or be able to raise what he needs from outside donors? we will talk about that coming up, the donald trump financial plan.

♪ ♪ connell: back on cavuto coast to coast, a lot of media talk today. what about this gannett takeover push for tribune? taking a nasty turn here as gannett sends a memo to tribune shareholders outlining the takeover plan. bashes the ceo, justin dearborn, as an individual with no relevant industry experience. well, other than that -- tribune chairman michael pharoah talked about the offer, and here's what he said. >> i guess you don't like the price, right? >> no, do not like the price. neil: it's not surprising so many papers would try to lowball the first offer. do you think that's what they're up to? there's been a lot of nastiness. >> i'm actually good friends with the chairman, jeff lewis. if i was gannett, i would be

trying to buy us, too, at the price they did because it's a steal of a deal. connell: there you go. now, it is a story that we think is far from over. tribune's up, the stock price is at least today as you see by 3, 3.5%. gannett down by five cents. speaking of media, trump versus the media, that was the story of the last hour, firing back at the criticism he had been receiving of the timing of his donations to veterans' groups. so he defended himself, he gave us this list of groups and everything else, and there was a marine veteran there, al baldisaro, and al talked about this. well, he took shots at the media himself. watch. >> i would never, ever in a million years put my name on a candidate that did not, from his heart, look me in the eye and tell me he's concerned about veterans. that's donald trump. you're all focused on the way he's raising money, and you're not looking at the 22 veterans that are killing each other

every day. you're not concerned about the thousands of veterans that are on wait lists. look at his plan on trump's web site. he talks about medical cards, he talks about fixing the v.a., he talks about the competition. i think the liberal media -- and i've been dealing with you for a long time -- get your head out of your butt and focus on the real issues. connell: it was quite a scene. we're going to talk more about it in a few minutes. but first, can trump take on the clinton cash machines? he's saying he won't raise as much as hillary clinton would, won't need to in the general election tweeting out: good news is my campaign has more cash than any campaign in the history of politics because i stand 100% behind everything we do. in other words, he's rich. he can chip in with his own money if needed. now become, i believe, an official trump donor and, boy, it's good to see you, foster, by the way. i wonder whether trump can raise -- traditionally, i know he was on the west coast doing

it, can he raise enough money traditionally where he won't have to dip in first? i guess it's around a billion dollars they figure, right? >> connell mcshane, good to see you this morning, lad. reminds me of the time my wife and i got turned around in ireland, we asked an old irish guy what's the quickest way to the o'reilly museum? he says driving or walking? we're driving. quickest way. it's the quickest way. connell: that's it, very good! >> so i think the important thing about the trump campaign is look what he's done already in terms of the media he gets without spending a dollar. and that's going to continue. when he starts articulating his views of hillary clinton's shortcomings, you're going to have inform coverage that there's -- enough coverage that there's not going to be room for ads. so donald trump, i don't think he's going to have to dip that much into his money, and there's a lot of us out there who realize how important it is. the number one issue is who is going to appoint the next three supreme court justices, and

that's the bottom line. and that's going to allow donald trump to get in a lot of money. connell: well, it's interesting, because it does kind of -- you're right, the math does change, right? some people say you need, oh, one and a half billion, and trump says, no, it's more like a billion. it sounds like you're saying it may not even be that much because of that free media. he enjoyed a lot of it today, by the way, with his news conference. the idea is he doesn't need to spend as much as average candidate. what do you think the number really is? >> well, i don't know, but i do believe that there's going to be a lot of his supporters talking it up with other people, because people are very eager to find someone who can cut through the morass we've had and gridlock of government. you know, a good little tale how trump can get things done, story he goes in a astronaut and says i'd like some -- restaurant, and says i'd like some toast. a waiter hands him a menu for luncheon, trump says i'll order that tuna fish sandwich, i'd

like it toasted and who would the tuna. that's -- and hold the tuna. that's trump. connell: a lot of stories today, maybe you'll be his running mate if you keep those lines up -- >> he's asked me three times, i've turned it down twice. should i accept the third invite or not? connell: why not? you'd make a good attack dog, right? >> yeah, but, connell, i have an extra talent nobody knows. cavuto doesn't even know that. i'm starting to develop songs. i have a redneck song that says i'm so miserable since you left, it's almost as if you're still here. [laughter] connell: i don't even know. let me see, can someone get dagen on the line, get her to roll on that, right? i'm not sure, might be better than me making comments on it. that was quite an appearance. i think neil would actually be very proud of you, foster. i don't know how he'd feel about

the way i handled it. but maybe you bring your fiddle next time and a little irish music. >> if i were cavuto, i'd be worried, connell -- connell: oh, yeah, i'm sure he's really worried. foster was really ready for us today. thank you very much. that's pretty good. okay. we'll move on here. obviously, we're going to talk more a about trump and about that news conference that he had at trump tower, but there are a lot of other things going on including, boy, this horrible weather. at least six people dead with a record-setting flood sweeping through parts of texas. in fact, right now through our affiliate in texas, we are looking at some live pictures. look at this. it's really been unbelievable there. not just today, of course, but the last few days. we'll have more on the devastation there next.

♪ ♪ >> i'm nicole petallides with your fox business brief. the dow down 92 points. if it dropped 99.5 points for this month of may, it would turn neck -- negative after a three month winning streak. keeping a keen eye on oil, longest streak up that we've seen in five years. it also topped $50, right now sitting at exactly $50. it's the first time we've seen that this year. and you can see oil, that runup there. and energy names have gone up along with it, names such as marathon oil which is a winner right now, you can see that up

fractionally, it's up in cents, 37 cents, up 2.5%, and southwestern up 5% as is williams company. and, hey, take a look at amazon. 724 and change. for the fourth timing hitting an all-time record high, lifetime high. this retail giant is now surpassing, of course, facebook in market cap. facebook, by the way, to the downside. keep an eye on that one. i spent 20 years active duty they still refer to me as "gunnery sergeant" when i call being a usaa member because of my service in the military to pass that on to my kids something that makes me happy my name is roger zapata and i'm a usaa member for life. usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. ...one of many pieces in my i havlife.hma... so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms.

breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled, your doctor will decide if you can stop breo and prescribe a different asthma control medicine, like an inhaled corticosteroid. do not take breo more than prescribed. see your doctor if your asthma does not improve or gets worse. ask your doctor if 24-hour breo could be a missing piece for you. see if you're eligible for 12 months free at mybreo.com. connell: well, the state department is warning citizens of possible terrorist attacks in europe. they put this warning out

earlier today, and talking in specifics, you know, france, for example, is set to host the european soccer championships from june 10th to july 10th, so that was one of the events that they mentioned. i believe they also mentioned the tour de france, but the state department travel warning was issued earlier today. back at home we have fallout from the deadly floods in the state of texas and, boy, they are actually today bracing for even more heavy rain. look at these pictures coming live from our affiliate, kriv, and ashley webster in the newsroom with the latest. >> reporter: yeah, it's a devastating picture, connell. four days of torrential rain in, basically, the same areas of texas. in particular, southeastern texas. we've been looking at live pictures just west of houston. all the problem has been along the brazos river, the huge river that runs through this part of texas. it is swollen to the point where it's going to crest about three feet above flood stage in some sections of that river. the problem is that we've had

these systems stall out over texas leading to heavy thunderstorms on ground that's already saturated. as you mentioned earlier,com, we've already seen six -- connell, we've already seen six deaths. there are numerous people reported missing in a number of county, and rescues are underway as we speak. and also, as you mentioned, more rain expected. i just wanted to give you a sense of how much rain has fallen. in the last couple of months, from march through may, let's look at some of these stoplights beginning with austin, texas. coming in at 25.4 inch os -- inch os of rain. college station, that's between houston and dallas, 22.6 inches and even san angelo which is traditionally dry, 14.6 inches in that two month period. and as we mentioned, another 3-5 inches of rain could fall by the end of this week. so clearly a very dangerous situation. i want to mention that some of

the reservoirs that feed off of the bra, azos river, all of thoe reservoirs, we are told, are 95-100% full. so danger then, of course, is to see those reservoirs, the water spill over those. so that's another concern. and as we say, this weather pattern, they just cannot get a break, connell, in texas, and this is a result of that. connell: yeah. it's not over yet. see those cars wading jutte outside of the water's edge. now, the other story, venezuela. remember last week we were talking about the economic crisis there? well, things are getting worse, ry for us. are the airlines just avoiding venezuela altogether? what's gown on, adam? >> reporter: not all of the airlines. there's still airlines that can fly to venezuela. will let me get right into this. while venezuela falls into chaos, riots and food shortages, escaping the socialist government will be harder now that several airlines have

suspended flights in and out of carcass. ca rahs cat. flights from chile and peru will be suspended the june. lufthansa has announced plans to suspend in june, joining a list that includes air canada and gol airlines. the socialist government mandated strict price controls more than ten years ago but added currency controls just two years ago. and economists say the damage from those caps has caused shortages of medicine, electricity and food which is rationed in venezuela. you see the riots from that rationing. the airlines suspending flights say they are unable to convert money held in venezuela into the currencies of the countries where they are based. in the case of lufthansa, that's roughly $139 million. some airlines have cut the number of flights, american airlines flies two flights daily from miami, but american has cut its flights from new york's jfk

to caracas. connell, back to you. connell: adam, thanks, an update on one important story, ashley webster on the other. now, the next topic we'll come on is on the economy. home prices today rising more than expected. we'll see if that's enough for our friend, bob shiller, get his own outlook on housing because mr. shiller is next. ♪ ♪

♪ ♪ connell: okay. now we get to talk little bit about housing. see that number? that's pretty good. home prices rising faster than expected. it's from the case-shiller index, that 0.9% increase, and, well, you'd like to talk to robert shiller about the whole thing.

professor shiller from up at yale. it's always good to see you, sir. i look at the number, and i say, yes, this looks good, it's much better than expected. you look at the number and say -- >> okay. [laughter] it's kind of what i expected. it's been -- ever since 2012, that was the bottom of the market. it's been chugging along, going up. it's not exciting, butst positive. i don't see why it won't continue for a while. connell: why isn't it exciting? you're the housing guy. i can look at it and say, all right, a lot of people thought it would be, you know, an increase that's not quite this much, and prices are going up more, you should be worked up, excited, cheerleading this market higher, and you're saying -- >> well, i don't think it's a preoccupation the way it was in 2006, 2007. so i think, you know, people need a place to live, employment is growing, people bid up -- you have to outbid somebody else to get the house.

i don't think people are so focused on the excitement of a bubble. connell: well, no. is that what's happened? i was having a similar conversation with someone over the weekend about this, is that are we replaying the past in some ways? i mean, are there situations developing, and if so, you know, where that it kind of looks a little bit to you like, uh-oh, no, no, here we go again, you know, mortgages being given out too easily? where is that happening? >> yeah. well, especially in the northwest, portland, seattle -- connell: right. >> -- san francisco, also denver, dallas, those all have virtually double-digit price increases. in those cities it does look something like, something like what we saw in the bubble that preceded the financial crisis. connell: what are we doing here? we didn't fix any of this, did we? or -- [laughter] >> we can't fix human psychology, that's the problem. connell: well, i know. you know what? fair point. we were supposed to put some

safeguards in place to prevent the whole thing from crashing down on us. did we do that? >> well, i don't think it's reached the level that it did, you know, in real terms home prices are still okay. they're not about to come crashing down, i don't think. connell: no, i know, but we could have said that in '05, '06, we could have said we haven't reached the level yet, and then it did, and the rest of it was history. i guess i'm asking have we put enough in place to prevent that from happening again, that being a crash? >> well, you know, this is a big issue. there's been a lot of regulation, as some people who watch these things know. and it's not just the u.s. all over the world, the financial stability board in switzerland documents, all over the world countries are putting in protections. so, yeah, i suppose things are better. but i don't know that the protections are going to be

enough. and someday if this keeps going on long enough, we might have another collapse in the housing market. connell: right. you're not predicting, you're saying -- and some day's far, far away or -- [laughter] >> i don't know. nobody knows. be anyone knew that -- if anyone knew that, it wouldn't happen. there's an element of truth to efficient markets. on the other hand, yeah, there are places where it's getting exciting -- connell: right. >> and, you know, those glamorous cities out west that i mentioned, they are -- they have a history of ups and downs, you know? it's not like these things go on forever. connell: right. >> you might imagine that they will, but they don't. and construction comes in. connell: so no guarantee, in other words, just because it looks a little overheated now that it's somehow going to be something that just goes boom on us. that doesn't necessarily have to be that way, i guess, is your point. we, actually now that i look at the clock, professor shiller, we have to run, unfortunately, even though we could try to get a

timing on a bubble bursting all day long. it was good to see you, thank you very much. >> my pleasure. connell: we'll get back to donald trump and that crazy news conference and everything else that's been going on as cavuto coast to coast continues. what about a third party? well, there's already one if you look at gary johnson and his running mate, william weld. we'll talk about zika as well, could ruin your disney world plans? uh-oh. we have a professor warning us about that. ♪ ♪ time. and multi-layered security. it's how you stay connected to each other and to your customers. with centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services - all with dedicated, responsive support. with centurylink as your trusted technology partner, you're free to focus on growing your business. centurylink. your link to what's next.

♪ ♪ connell: okay. we are back here on cavuto coast to coast. i'm connell mcshane in today for neil cavuto. the libertarian ticket is all set, sometimes we forget the former new mexico governor gary johnson and the former massachusetts governor, bill weld, they are -- they're running. that's a third party push in and of itself, and gary johnson, we better not forget this, started his run for president right here on this program. watch. neil: governor, good to have you back with us. what's on your mind?

>> well, neil, i want to take this opportunity to announce my candidacy for president. i am hoping to get the libertarian nomination for president in 2016 and, in fact, offer that they they alternativ. connell: now, you get some people discounting this ticket, right? i think someone may have done that in new york earlier today. blake burman joins us now. i don't know, could do more damage than you think, right, blake? >> reporter: yeah. gary johnson said this weekend at a minimum he says he thinks he'll work his way onto the debate stage and that libertarians could achieve major party status, as he put it. i asked a spokeswoman earlier this morning about their broader strategy going forward, and she said they want to put the libertarian agenda at the center of the american political discussion. that spokeswoman added, and i am quoting here: it is our goal to drive up our vote totals at all levels, secure ballot access in states where we don't already

have it, elect libertarians, seriously challenge incumbents and beat the margin of victory in close races. i also asked about a recent boston globe piece which suggested there might be a different motive at the presidential level for libertarians. scott lehigh wrote that bill weld, the vice presidential nominee who you talked about, said of weld, and i'm quoting: he hopes the libertarian ticket will attract enough votes to deny either donald trump or hillary clinton the electoral votes ooh needed -- votes needed. the thinking there being it gives upset republicans a reason to vote for the johnson/weld ticket. well, that libertarian spokeswoman would not comment on that take when i asked earlier this morning. right now the libertarian party says it has collected enough signatures to get on the presidential ballot9 in 32 different states. they say the process is underway. you see the map here. and about a handful more, and

they say they expect to get on the ballot in all 50 states plus washington d.c. keep many in mind, though, connell, not even ross perot carried a state in 992. gary johnson received about 1.2 million votes nationwide in 2012, and you alluded to donald trump there kind of calling gary johnson -- flat out calling him a fringe candidate a little while ago. johnson just responded on twitter saying, and i'm quoting here. so donald trump calls me a fringe candidate? strangely enough, that's what he was called a few months ago. connell: aha. >> reporter: a littlejohnson-trump back and forth. connell: we had steve forbes back on last hour, and i tried to get him going, but he was quick to remind me it's been tried before. thank you, blake. blake talked about trump at news conference, it was a wide-ranging news conference, if you missed it, here in manhattan at trump tower, but here's what he had specifically to say about gary johnson. watch. >> i watched that whole

situation, it was really pretty disgraceful. i think it's a total fringe deal. i think he's a fringe candidate, you want to know the truth. i look at him and i watch him and i watch his motions and i watch what he says, i think that he is a fringe candidate. and your second, you know, weld is -- when you do a little research on that, i think it's not going to be a factor. connell: all right. to free the people.org founder matt kibbe who, on who stands maybe to get hurt by a libertarian ticket. and one thing we did talk about whether it was with steve forbes or anybody else today, matt, is it doesn't take much as we all learned in the year 2000. conventional wisdom is you put two former republican governors, it's going to hurt donald trump, and maybe the conventional wisdom is wrong? what do you think? >> oh, i think gary johnson has a real chance to draw both disaffected republicans, but also disaffected democrats, a lot of independents, constitutional conservatives, people that may not even vote if

they're faced with these two wildly unpopular, very authoritarian choices in either donald trump or hillary clinton. connell: well, here's the thing i would say. if you're hoping to be in this or realistically in this according to most analysts at least to be a, quote-unquote, spoiler, and you would take votes away from one candidate and elect the other, if you're saying that's not going to happen, the net impact of a gary johnson candidacy might not be much then, right? unless it prevents somebody from getting to 270 in the electoral college. >> i think his first goal is to qualify to be on the stage debating the other candidates, providing really a fundamentally different vision, a constitutionally-limited government vision that's not represented in the other candidates. and i think it's unwise to look at the past when you understand the old rules of politics wouldn't allow for third parties to be successful, because the rules ar and we're seeing that. just as eric cantor about the old rule of politics. just ask the tea party class of 2010. it is now the case that an

insurgent candidate with an enthusiastic base of support can drive a message from the bottom up through social media without the approval of the two political parties. connell: doesn't seem like -- and i could be completely wrong on this, but from observing it, it doesn't seem like the year is this year for a candidate like a gary johnson where you have so much populist outrage that is fueling bernie sanders and is fueling donald trump, that governor johnson could capitalize on that, that he's that type of candidate. he seems different. if it was somebody else, maybe they'd have a better shot if that was their approach, no? >> well, he is a humble and in a lot of ways a quiet candidate. connell: right. >> but libertarianism fundamentally objecting to the kind of big government collusion with big business -- connell: right. >> -- too much war, too much crony capitalism. i think there's a populist strain in it, and if people are looking for a serious person that wants to dismantle some of the washington machine, again, there's only one choice on that stage if gary johnson makes immaterial. connell: okay.

so explain to me if we takes votes away from anyone, how he takes from both sides. again, to go back to my first point, you do have weld and johnson on this ticket, johnson and weld, both former republican governors. so you would think government out of my business, i takeaway from a republican candidate. why does he take votes away from hillary clinton? >> well, look at what's going on with bear sanders' supporters. they're discovering how top-down and exclusive the democratic party rules are. they feel disaffected. they've rallied against wall street cronyism, they'vrallied against mass incarceration, they've gotten very fired up about the federal reserve and a lot of issues on a one-inch-deep kind of level are the same things that libertarians are upset about. the only difference is our solution is less government involvement. connell: well, we'll have the two of them on, or neil will tomorrow. matt, thank you very much for coming out today. we appreciate it. matt kibbe with us.

gary johnson and bill weld will be guests here on cavuto coast to coast, noon eastern tomorrow. neil will be back, and they'll be on with him. that'll be interesting. now to the markets. everybody talks about it every year, right? sell in may and go away. i don't know whether it's true this year. the dow is, you know, got off to a good start earlier today but now struggling. so far midday trading we're down by 93 points, 17,7, almost 17,8. bob weedermeyer with us, been calling for a crash for a while. what are we to make of this? i feel sensitive in mentioning that, bob, but, you know, maybe how much built up to that a little more before i say, hey, you called for a crash and we haven't seen it. [laughter] >> yeah. thanks for that opening. actually, we have seen two crashes. i mean, we saw quite the decline in the -- before september and october, we also saw a huge decline in january, one of the worst januaries --

connell: not really a crash. not to -- >> january was pretty significant, but you're right, we've come back up. what i think is the real issue is take a step back, and you see this market hasn't moved anywhere since december 31, 2014. it hasn't gone anywhere. that's unusual, that it's flat. to me, that's a lack of federal reserve money printing having its effect. without money printing, you are going to see this market crash and stay down. again, obviously, it's made two, you know, pretty big dives. if you don't want to call them crashes, corrections, major corrections, but i would say without that money printing, you are still in for a crash. connell: well, i think there's a case being made, i'll put it that way, that we're ready for it, we're ready for the rate mics to begin. alice rivlin who used to be with the federal reserve, she was on last hour, and she was basically saying, hey, the employment picture's improved, the job market's gotten better, we can certainly absorb a quarter point, and we're at that point.

we're ready to do it. it's been telegraphed, and it's not going to lead to something catastrophic. and -- but you say it might. >> well, i don't know if a quarter percent interest rate increase will lead to something catastrophic immediately although, obviously, in december that's part of what caused the january crash or collapse. [laughter] but what i would, you know, what i would say is that the fact that we're focused still on a quarter percent rate hike is not hurting the economy or the stock market should tell you something. it's like when baer on's says this stock market's not ready to crash yet. connell: right. >> even a bubble economy, even a bubble market needs something real to go up on. earnings have not been good. yeah, the economy's not been bad, but -- connell: interesting point about bubble, i mean, because again to go back to somebody we talked to earlier, bob shiller was on a few minutes ago, and we started to have that conversation. bubbles in the housing market and developing in certain areas, and he mentioned out west and parts of the pacific northwest as being areas where there's certainly some concern.

is that something you're seeing concern as well? >> well, i would say so. and it seems like i've heard that before, and bob shiller i think very highly of, but you've got to remember i think it was alan greenspan who says don't worry about the housing market, there's a little froth only on the coast. connell: right. i think some people are saying, boy, don't tell me we're doing this again, right? so -- >> well, no two bubbles pop exactly alike my -- by any means. it's different, it's different in nature, it's different that the federal government has come in and taken over, basically, the entire mortgage market. almost all mortgages are now backed by the federal government. connell: right. >> it's a different situation. it's more -- when it goes down, it's part of a much broader pop. it'll a affect stock market, bond market, in fact, i think it'll be the stock market that leads, not the housing market. connell: all right. we have to run, but we appreciate your viewpoint. bob, i think we could probably have an argument over crash versus selloff versus downturn, but that being said -- [laughter]

>> we'll see. come back in a few months. connell: i'll be here. not going anywhere. talking about a market that is down by just about triple digits, now it's 98 points on the dow, and we are lower for the month here on the final trading day of the month. so take away from that what you will. we'll talk more about it coming up. also, this senate investigation finding more systematic failures at the v.a. we have more of that coming up as well. keep it here. ♪ ♪ get ready for the rio olympic games

by switching to xfinity x1. show me gymnastics. x1 lets you search by sport, watch nbc's highlights and catch every live event on your tv with nbc sports live extra. i'm getting ready. are you? x1 will change the way you experience nbcuniversal's coverage of the rio olympic games. call or go online today to switch to x1. >> the v.a. is one of the great catastrophes in this country, what's going on. you look at what's happening in phoenix and different places throughout the country where they're catching people steeling and they don't -- stealing and they don't even fire them. people are waiting five days,

six days, seven days online, they're dying. we're losing thousands of people waiting online, and the veterans administration is run by obama just as incompetently as he's running our country. connell: a portion there of donald trump's news conference at trump tower where, as you heard, he was hitting on some of the v.a. difficulties. a wisconsin v.a. found systemic failures, they said, the former navy seal sniper, scott taylor, is withous on -- with us on, boy, what is a growing situation. it doesn't seem like we've solved anything. >> well, it's great to be with you. listen, this is one of the reasons why i'm running for congress in virginia, was i believe we have not kept promises to our veterans. this keeps popping up, keeps coming to a head, it's been an issue for a very long time. i've got to tell you, we have to make sure we have a culture in the v.a. that doesn't put the v.a. first, but puts the individual veteran first. you know, there's an outrage,

and imagine if congress had to deal with medicare folks, right? every medicare folk had to go into a failing government system. imagine what would happen. they'd be voted out of office. it's just crazy. connell: you wonder even reading through part of this report and some of the things they found just as an example that this facility had been prescribing alarming levels of far cot ticks, that this -- far cot ticks, that this kind of thing is still happening, youtube, where do we start? what should we do? >> yeah. i mean, the example that you just gave, you almost get the sense they just want to throw drugs at the problem, right? one marine, unfortunately, who died had 14, i think it was, other prescriptions on top of opiates. i mean, it's pretty crazy. you know, look, of course you have a failing culture. of course you have systemic problems. you have to isolate those problems. there's not one silver bullet, there's problems across the board. so find out what the solutions are and implement them.

and like i said, i mean, if medicare patients had to go to a failing government system, you'd have outrage in congress because their constituents would be going crazy which is why we need more veterans in congress to be able to deal with this. you have to have congressional oversight and leadership. they have to be fired up, they have to be doing something about the problem to help resolve the issues that are there, the systemic issues across the nation. connell: let me -- it's not really, it's almost on the same topic. let me ask you before i let you go about donald trump because that news conference where he was speaking about the v.a. began with him speaking about his own donations to veterans, he says $5.6 million donated, and he gave a million of his own, and he outlined where it was all going after reporters brought up questions about the money he had raised at an event when he skipped out on a fox news debate. it became a news conference really about the press themselves. what did you make of that whole thing and how mr. trump has handled it? >> well, you know, what i'd like to talk about, of course, is the

fact that he is, he is bringing to light some of the problems, he is talking about those problems. i'm hopeful that if he does win the presidency, that he'll actually as the executive, of course, work with folks in congress to be able to resolve these issues. i don't know what -- i take him for what he said, that he gave to the organizations. obviously, the biggest issue here is making sure we take care of our veterans. we have a lot more coming back from these wars, the 1% of the nation who have gone back over and over and over again on our behalf, we have got to take care of them and the previous veterans as well. connell: scott taylor, used to be a navy seal, running for congress, thank you, sir. >> thank you. neil: software on the rise threating some of the largest internet companies in the world. we'll talk to deirdre bolton about that. much more still to come, cavuto coast to coast. ♪

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connell: time for some of your business head liens from coast to coast. consumer spending jumps 1% in the month of april, biggest month gain in almost seven years. america's buying more cars and trucks, that's what drove it. then there's the sumner redstone battle with viacom which, believe it or not, is escalating. now the viacom board members are getting set for a legal battle to keep their streets on the board -- seats on the board. they are anticipating that they will be removed. and the u.s. chamber of commerce along with some other industry groups reportedly getting set for a lawsuit against the obama administration's rules on retirement advice. they're expected to file a legal challenge and do so as early as wednesday. which i believe would be tomorrow. then we have a new report revealing one in five smartphone users blocking edge on the web. i talked about this before the last commercial, and we have deirdre bolton here to explain the whole thing for us. i guess the -- these companies, facebook and all the rest of them, want to make money -- >> yeah, they track us.

they stalk us. it's a kind of friendly, i want to monetize -- connell: what's going on, getting blocked from the ads? >> yeah. for 99 cents you can download an ad that blocks these companies from seeing what you're searching on the web, or let's say you want to read an article, and then it's like home depot, buy a tent and you hate camping, you want to block that. and it's messing up how much data you use because you're paying, essentially, if it's a video, you're paying for that video to download. for 99 cents in some cases, block bear, blocker, crystal, you just download those apps, and it blocks those ads. connell: they're a pain in the neck -- >> they are completely a pain in the neck for the internet companies. and this is really upsetting this whole digital ad space because that's kind of what facebook and google are selling to them, right? hey, i know connell is going to be using this site, this site and this site -- connell: don't mention the sites. >> i'm diplomatically leaving

them off. [laughter] essentially, this is going to upset basically the whole revenue model -- connell: do they have a work around? >> well, right now in the u.s. it's not such a big threat because for some reason only 2.2% of us are actually taking the trouble to download an app -- connell: we either don't know or don't care. >> right. but what's more concerning no tease companies -- to these company like google or yahoo! is that in asia where there's tons of usage, tons of ads, something like 36% of the population and growing are actually downloading these blocking sites, these blocking apps. connell: they're on top of it. and once we are, they will really have some trouble. there you see the breakdown. look at china. a lot of people in china and india, from what i understand. [laughter] >> demographic studies. connell: stuff that neil just doesn't bring to the table. laugh. >> there you go. rock and roll. connell: all right. good to see you. california's governor jerry brown made headlines earlier today when he endorse canned

hillary clinton, and so she's getting a boost there. but we'll talk more coming up about why she's scrambling there to win. it's not going to be so easy. back in a moment. ♪ ♪

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♪ connell: back con "cavuto: coast to coast," we were earlier on the show talking to our friend foster friess how donald trump is lagging behind hillary clinton raising money

will throw his own cash in and how much free media but should republicans be worried? knowknow well nikpour is with u. i should start with you. foster made this point, i guess it's a good one, he may not need to raise the as much as the common candidate would because he is still getting all free media. that was story in the primaries. is he that still the story. >> he may be getting a lot of free media, i talked to folk is i know doing fund-raisers for him, pretty big ticket fund-raisers. a guy named howard who is friends with carl icon. they have a couple of fund raisers and couple people faced resistance fund-raising for donald trump. there was article with boone pickens would have something, and confused what was what for the super-pac and that is not

really good but i think you will have more money raised from donald trump once you get endorsements from people of the establishment that let it know it is okay. art laffer was a big feather in his cap by the way. connell: makes him look good a reagan guy. >> yes. connell: will this be even matchup, eboni or is hillary clinton going in with big advantage. >> i think it will be even. he will not raise the dollar amount the clinton machine. connell: but he doesn't need it. >> he doesn't need it. here is the other thing, part of his political message he doesn't need it. there is advantage to trump when he is not so deep in the pockets of rnc and some of the big donors. he can remain optically independent. connell: what did you think of today? >> today is perfect example. that is exactsly why he doesn't need as much money. he gets 45 minutes on the talking about national agenda and talking like a complete and

total boss. connell: we give 45 minutes to mash the media. if you look at it from the outside and try to make yourself, i hate the term normal person but non-media person, this has to be a winning day for donald trump to get up there and do this, right, running for president? >> absolutely. who knew we would have this scenario. clinton camp didn't know. when they thought later on it was going to be a scenario where you had trump and clinton i think they laughed it off. connell: right. >> not so much because i think he will bring a new sector of voter that, to the republican party that we haven't seen before. connell: to the clinton camp since you gave us that transition how worried are they about california? nobody thinks bernie sanders is going to be the nominee of the party but a lot of people to think he has a chance to win the state, you don't look great, if you're hillary clinton and day you win the nomination you lose california. >> it looks like a hot mess. that you have to cancel new jersey appearance as. you're chipping away at your own

agenda to backpedal to do back end work that should have been in the bag. it is nervous and not a good look but i applaud her to make correction. this is something hillary clinton camp struggled with you're going down bad road and regrouping. connell: she feels she has got to win. technically she doesn't but -- >> it is embarrassing the fact that bernie sanders has done so well you know, because she had this problem in '08 against obama. so you know, it is clear that the public is almost like, you know, kind of gritting their teeth, going all right, here's hillary. connell: right. >> but they're not that -- >> this is all true. this is important decision for her. connell: it becomes interesting to me because we have this trump, he spent the last couple of weeks kind of shoring up everything, to your point maybe he is raising money more traditionally and you told us he is making inroads there so that is interesting information. hillary clinton will have time presumably where she is able to

do same thing right, over the summer? >> sure. connell: get the same balance, in other words, that's what we do, we're going too far now aren't we to one side? >> it is not over for hillary clinton. anybody who thinks that is not paying attention. but this is not kind of a glory lap if you will. the candidates like to feel when they're clinching their nomination. that should be a feel-good moment. not as much for her because of the dynamics going on in the party. connell: that's true. you prevent the bounce if you lose california in some ways. you don't get the bounce of the clinch. >> think about it, both trump and clinton had to fight and scrap and scrape their way to the top of this. it has not been an easy cakes walk. connell: it was supposed to be for her. thank you to both of you. we appreciate it. noelle and eboni, thank you very much. by the way as programing note here on the "cavuto: coast to coast" program, senate majority leader mitch mcconnell, he will be neil's guest on this very show tomorrow so do not miss that. don't miss this.

seek car, boy experts are warning against taking any kind of trips to the happiest place on earth. aye yi yi, zika, disney world. back in a moment. [vet] two yearly physicals down.

martha and mildred are good to go. here's your invoice, ladies. a few stops later, and it looks like big ollie is on the mend. it might not seem that glamorous having an old pickup truck for an office... or filling your days looking down the south end of a heifer, but...i wouldn't have it any other way. look at that, i had my best month ever. and earned a shiny new office upgrade. i run on quickbooks. that's how i own it. >> very good afternoon, live from the floor of the new york stock exchange i'm lori rothman with your fox business brief. all right, the dow is hanging on to positive territory on the last trading day of may by just about 20 points right now.

the dow is down 83 points and we do see red across benchmark averages here in the midday session. talk about shares of verizon reaching a tentative deal with leaders ever striking unions of the they have agreed to pay raises and new jobs. hopefully that will end a walkout that lasted about seven weeks. check out shares of valley ant. former chairman is returning to the company as consultant with the drugmaker. this goes through 2017. he will be paid hundreds of thousands of dollars to do this. pierson left valeant on may 2nd, after you recall the company was criticized for sharply increasing drug prices. valeant shares up one-half of 1%. now book to more "cavuto: coast to coast."

connell: so people worried about venezuela and fears of an economic collapse there, boy, ugliness on streets of venezuela, pushing some of the airlines as adam shapiro porting to us earlier, to suspend at least some flights in and out of the country. former spirit airlines ceo joins us right now on that. some other topics affecting industry and travel in general. what do you think of this issue with venezuela if you were still running spirit? would you be flying into that or airline in general, would you fly into a country with that much risk? >> great to be with you. venezuela is very difficult country to serve for airlines for a couple of reasons. demand there is really weak.

people don't have a lot of money there to fly into the u.s. and the economy's tough. they're really feeling the bern if venezuela if you will. connell: right. >> so airlines got to fly where they can make money and venezuela is a tough place to do that for airlines right now. connell: that is the bottom line. more than you look at say it is dangerous, it is like do people even want to go in and out? do you weigh more demand as opposed to safety of your own workers and thinks like that? >> i think that is mostly it. airlines have historical difficulty getting cash out of venezuela. so airlines have had a lot of money held up there. so it has been a difficult country to serve economically for many airlines, although those who have chosen to do it, figured out how to do it. now just the fact there are not a lot of economic activity going on there and it is tough for travel to and from. connell: let me ask you about the tsa story now they've you

here. >> sure. connell: we made our way through the memorial weekend, i saw stuff where it wasn't really as bad as it was supposed to be. then look at these pictures, then we had stories it was worse than you can ever imagine. what is going on here? have airlines played any role in this or deserve any blame or the a mess way tsa is managed. >> i think a little bit of both. government runs the tsa and your network talked a good job what is happening at the va and what it runs, outside of military it is hard to see the government run anything efficiently. we're seeing that from tsa and some airports and airlines pushed for privatization in some part because there seems to be a just running inefficiently has been a challenge for tsa. but i also think when you want to change behavior you have to look at incentives. individuals have incentives to carry fewer bags through the tsa right now because that clogs the line.

airlines create economic incentives with their baggage policies. a couple years ago at spirit they put in the carry-on bag charge which a lot of people didn't like but it had benefit of reducing the amount of carry-on bags, so fewer bags going through tsa. i think airlines and individ have the incentive today to think about how we reduce the amount of volume going through tsa. airlines think about the way they incent customers with their baggage policies. individuals think about carrying less. one other incentive you might want to think about, unions in the united states have been under a lot of pressure. union membership is at lowest point in long time. the tsa is big union. >> right. >> if you're a union looking for more members, having long lines right now isn't necessarily the worst thing for you. connell: that is another interesting perspective. since you brought up airline baggage policies for people that don't remember, we have to happen video you remembered when you put yourself in the overhead bin, i don't know, what were you doing, ben? you were demonstrating that you could fit a person in the

overhead bin if that was necessary, right? look at you. >> we were trying to explain to people why the carry-on bag fee actually made sense. some people saw it nickel and diming attacking on a fee. as spirit we saw it the way to balance too many people were carrying too many bags on board and that delayed flights and made it difficult that also puts pressure on the tsa lines. again economic incentives work, if you make it feasible for, if you create an economic incentive for customers to carry fewer bags, they will carry fewer bags. connell: when you got out, did you get out of the overhead bin on your own? did people have to help you? how did it end? >> there were other people there but i was able to climb in and out on my own. connell: i never saw the end of the video. he eventually got out. he is on tv with us. must have got out to be with us. if every ceo was like you

businesses would be more interesting, right? formerly of spirit airlines and formerly of the overhead bin at one point. >> thank you. connell: travelers are concerned about other things. what about zika, zika virus. the next guest is warning against travel to disney world. professor jimmy wentworth is with us. think twice about going to disney with all this. >> well, good afternoon to you. i think there is a risk of zika traveling up from mexico and from latin america over the summer as it approaches into the gulf states, yes, i do think that there is a risk. connell: okay. how serious should that risk be taken by an average american family who is now looking at their budget and saying, boy, i think i'm going to do a trip here in the a month, over the summer let's say, i'm going to disney world and i heard about it, but what are the odds? how serious -- would you just

not go or wait to see how things play out? what advice would you give someone? >> i think we do need to keep a sense of perspective over this. i would suspect that over the case of this summer there would be maybe a handful of cases of zika infections that occur in the states. for most people that isn't really of any great concern because it's usually very mild illness. the worry is, if a member of the family is pregnant or thinking of getting pregnant in the next few months -- connell: right. >> the consequences could be deadly. connell: of course. that's what, and you could see how that would weigh on someone. you know, i know we started talking about disney world in florida. let me ask you though, one last question because we have, over the summer the olympics coming up. if you were athlete, particularly a female athlete would you be hesitant to participate in the brazil olympics in rio? >> i think the question is, what are your plans about becoming

pregnant? if you're not pregnant or thinking of being pregnant i would have no concerns at all about competing in rio. connell: so depends on where you are in life. jimmy wentworth, professor of international public health. thanks for coming on. important issue, no doubt about that. robert schiller was on with us last hour and talking about housing and seeing signs of a bubble. the housing pro says we won't see a burst of that bubble, just yet, next. ♪ v

>> portland, seattle, san francisco, also denver, dallas, those all have, you know, virtually double-digit price increases and those cities it does look something like,

something like what we saw in the bubble that preceded the financial crisis. connell: well that wouldn't be good of course. home prices went up month over month in the case-shiller number that came out earlier. we talked to bob schiller about the whole thing. "the apprentice" winner, joins us now. i always, i think i try to make news with him and try to ask, he always laughs at my question. i said it's a bubble, he will pause for a second, ha-ha, then answer my question. i think he is not calling me stupid but trying to think and looks a little bit like there are some bubbles forming out where you are for example, in the pacific northwest. what do you say? >> i would agree with him. price increases here in my hometown of seattle and portland and all along the coast of the

pacific northwest are simply not sustainable over the long term. portland added 12% year-over-year price increase. seattle, 10.8%. we have places with 30 to 32% price increases over past year. appreciating moderately, think i we have great legs going into the summer market as long as we get more inventory into the housing market but i definitely agree there are markets we need to be watching out for. seattle is one of them but what drives real estate? low interest rates and strong job growth. right here in seattle we've got both. so i don't think prices are going to go backwards or we're going to have a big bubble burst here in seattle or anywhere on the west coast but, we simply can not sustain the current rapid depreciation. connell: to that point, if we have prices that do continue, say, to go up, have we put, what

bob and i were talking about, have we put safeguards in place, are you comfortable way market is set up now, what happened in '08, doesn't happen again or some part of you says, very well could happen again? >> i don't think it every is going to crash like it did back in 2007, 2008. people purchasing homes today are people financially qualified and are strong borrowers. we don't have predatory lending occurring in today's housing market. and that really was one of the factors that fueled that initial crash. are we going to see prices go up and go down? yes, real estate is cyclical market. prices are going to go up and they're going to go down. that's okay. that's normal. what is not normal is year-over-year unsustainable appreciation in price growth but i think that we've had two years of very moderate price increases, over 5%, for the nation as a whole and i think

that that is really encouraging after years of instability. so broadly speaking, i think we're going to be okay. market has rebounded and been pretty resilient. connell: fair enough. we have you on. we just talked the last couple minutes about housing. i try to resist. every time we have former "apprentice" winner on -- >> you can't resist. connell: what did you think of trump? did you watch him going after the press and everything with the veterans at news conference? >> i did. i did. they should know better by now not to insult donald trump. that's what you get. they should have learned their lesson. connell: big day like the media in general? in other words we shouldn't ask questions anymore, is that the deal? >> no, no. i say that in jest, but you know, donald trump, america has spoken. the reason he is presumptive nominee is because people are sick of hearing the same old messaging coming out of washington. so i think it is refreshing he

is willing to push back. he is not always right but he is willing to push back an willing to speak his mind. i think it will make for a very interesting presidential election. connell: oh, it sure will. interesting you say that i talk to a lot of trump supporters, a lot of people phrase it the way he did, he is not always right but you support him. is there an issue, something you look at, i'm not with trump on x but i support him over all? what is the x? >> well, i'm not going to get into specifics with you. connell: come on. >> about donald trump on air. i mean, but -- connell: call you afterwards? is that the idea? >> [laughter] connell: in all serious necessary. >> i think he surrounds himself with incredibly intelligent people. he doesn't surround himself with yes men and yes women. he wants people to push back. he concedes when he is wrong and takes advice from others and i think he would do very good job as president of the united states. connell: kendra, thank you.

rolling with the punches. you knew you would be asked about trump many, well you were on "the apprentice" after all and housing comments. thank you very much. >> my pleasure. connell: kendra todd. disney executives in panic over new "star wars" movie. you know how we get whether neil is here or not. we'll tell you what has them so unhappy. next. >> yes, sir.

connell: now we get to talk disney and "star wars." there is suggestion, that disney is scrambling, "new york post" reported on page six, the executives are panicking, panicking over upcoming "star wars" movie spin-off, allegedly rushing to shoot new scenes. they are not happy with the director's first cut. that is what the "new york post" is saying. i know nothing about it. when neil is here, we're not experts on "star wars." we don't even like it. tim sara fin is expert, senior editor at "in touch weekly." only people on earth, neil and i

maybe a few others that don't like "star wars" but everybody else is just, anytime there is "star wars" story, anything from the paper, number one news we got to -- is there really panic? what is it going on here, do you know? >> i do remember i think he was on with neil in december when all the star worse crisis was going on. connell: crisis, you're right. >> there is this report saying that disney executives were unhappy with the first cut of the "rogue one" movie coming out in december and they ordered extensive reshoots. reshoots happen all the time with movies. sometimes indicates there are problems with movies. sometimes there are reshoots and movies turn out really well. "e.t." had reshoots. "jaws" had reshoots. world war z with brad pitt had trouble and reshoots. turned out best opening of his career. there are reshoots because added pressure because "star wars" opened in december, did so well, made over $2 billion globally

there is obviously. connell: we were only people that didn't like it. everybody else was all over it. this is prequel this, whole thing, "rogue one"? >> right. it is stand alone spin-off. they're doing these in between episodes. you have episode 7 in december. episode 8 doesn't come out until 2017. in between that they do stand alone spin-offs. this takes place, kind of like a prequel. set between episode three and four. about a group of rebels who go out to steal plans for the death staring felicity jones. these are stand alone movies. there is another one coming up about another young han solo in 2018. will this affect how the next episode viii does and -- connell: who cares, kim, silly movie. i'm sure you would agree. >> a lot of money. connell: that's not silly at all.

kim serafin from "in touch weekly." that does it for us on "cavuto: coast to coast." i'm connell mcshane in for neil. it is trish regan. trish: thank you very much, connell. the never trump movement vowing to find a way to beat donald trump and the movement's leader, bill kristol to find a way to get a third party candidate. i'm trish regan, and welcome to "the intelligence report." bill kristol says there will be strong, impressive candidate to challenge donald trump this november. donald trump firing back, calling bill kristol a loser. >> these people are losers. he is trying to, trying to make you, trying to drive you guys a little bit nuts. if they do an indy, assuming it is decent, which i don't think anybody with a reputation would do it because they would look like fools, what you are going to do is lose the election for republicans. therefore you lose the supreme court. trish: does do