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tv   Bulls Bears  FOX Business  April 2, 2017 6:00am-6:31am EDT

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that is our show. see you next week. [applause] >> foxandfriends.com. dagen: consumer confidence at a 16 year high, home prices soaring to a 31 month high, the tao nearing all-time highs finishing the longest winning streak in ten years but don't look for any of it on the front pages. what is mainstreet seeing that the mainstream media is not? this is bears gary smith, john wayfield, lee carter, welcome to everybody. despite the mess in dc and all
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the negative headlines, consumers and investors are up. >> incredibly upbeat, the tao is up 12.7% since president trump was elected. the manufacturing index, it is the highest it has ever been. it has been 20 years. the optimism index is 93 this week when i measured it. a lot of consumer confidence, we have in our congress and white house in 1980, bush or clinton the white house running for office, america wanted a change and that is what they got, the media doesn't reflect that. the media called out fake news creating a bias against him, we have camps outside the city, it is definitely a disconnect between what is going on in the real world and what is going on in the media. dagen: consumers know what they
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feel and they feel good about the deal. >> talking to focus groups out there, the number one thing is jobs. we are talking the healthcare reform saying it is a big this which on the priority list, jobs coming here, they are hearing donald trump making these announcements wondering if it is his credit or not but people are feeling optimistic. and the markets are saying it. they are seeing dagen: individual stocks saying it companies like apple and facebook, household names that all-time highs.
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>> as trader and investor going back to john's comment, has been incredibly, people have been incredibly optimistic and for a split second i thought he meant incredulously optimistic meaning i am a little skeptical to be honest. i am rooting for trump but let's go back to think about the reasons was elected. the immigration, repealing replacing obamacare, tax cuts, more jobs, smaller governments. what seen, i will stipulate he has only been in office four month but healthcare is off the table, we have seen a budget but we are nowhere on that, nowhere on tax reform, we don't have a wall, maybe we will. i'm looking at a lot of promises. i can understand people perceive and wants to believe he will do good things but that will only
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last so long. we see another healthcare debacle, that goodwill, that honeymoon from trump supporters will be road and it may erode stocks. i want him to succeed, ws on the table. dagen: rather than killing the optimism out there, put some runs on the board, and if you look at projections, is what it was doing under obama. and obama's economy is getting the buster. this year under trump, and trump
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succeeds, and growth, growth, and the most we can hope for. >> and optimism begets economic growth which >> it was the part missing 16 years. if we separate trump's popularity. >> i say what i want to say but more overly negative. to gary's point, to the same economy. and let's get to the point the same sort amount of monthly
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approval rating is positive you cannot deny, i would argue most supporters of rate of the president lower than the 35% doubts, there is some bias, what is in the media than the general population but the same is making headlines lowering stock allocations they are optimistic about the economy and many things they don't like about this president they know are good burning and hiring. when talking about lower regulation will help earnings and stock prices. you won't get negative with a consumer but negative -- we are seeing that. dagen: everyone focuses on what is not getting done. when donald trump has power to rollback regulations he has done that, whether it is
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environmental regulations just as one example. >> i agree with that but also what julie and gary were saying it is pretty much our loss, overturned by a judge. healthcare is not accepted by his own party but the optimism when talking about projections, the obama administration to determine, 2012, protected with 4% gdp growth was astronomically wrong, less than half of that, you have optimism with this economy. that is what i'm talking about, not that the economy has improved but optimism is helping the market go 12.7%, if you're in the market the problem is donald trump has regulations, not at night in the minutia of
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obamacare, travel, has to get regulations and tax cuts, the economy will rebound. dagen: this is about mainstreet, people in the country versus the mainstream media. does it worry you the mainstream media is so negative that it does hurt how people feel and how optimistic they are? >> it does worry me a little bit but the bottom line is the media is the least trusted it has ever been. trust and the media is a multimodal, trust income, trust in institutions is at an all-time low. that is why donald trump is in office, he represented antiestablishment. people are more likely to believe their peers than the mainstream media so the mainstream media has a huge amount of influence people are not listening to them saying they it people don't know where to go for the truth is i do agree we will need to see victories. i want to see tax reform and see that happen now and we all do,
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we saw that continued optimism but the bottom line is people don't trust the media the way they used to. dagen: for final word, don't trust politicians and they give donald trump time to clean up the swamp. >> three observations. i know what i want, i want to come to your dinner party, i think the dynamic is off the charts. i will take issue with one he said talking about the growth rate under trump and we don't know what it will be because he has only been in office a couple months. let me finish, let me finish please. we don't know what the growth rate, any projected growth rate is still from the obama era policies and number 3 to your point, the up ratings for trump are low, and he asked about economy, they are over 50%,
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people have a lot of optimism out there and the next 90 to 100 days, we will be in great shape. dagen: awesome. 20 minutes from now, what have you got? >> 3 of 4 american safe cut taxes, time to cut those taxes. don't and you can afford an ivy league education, you are already paying for one. we will explain. dagen: up here first, ivanka trump accepting an unpaid role and her father's white house with critics crying nepotism. someone he no matter how dusty the room or how high the pollen count, flonase allergy relief keeps your eyes and nose clear. flonase helps block 6 key inflammatory substances that cause nasal congestion and itchy, watery eyes. for relief beyond the nose. flonase.
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successful filibuster. now back to bulls and bears. dagen: ivanka trump making her role official joining as an
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unpaid employee. critics say the move is in violation of nepotism laws. >> i think so many things we are talking about we should have issues with, this is not one of them. ivanka is one of his most popular surrogates, so many people felt confident in donald trump because of who she was and her success in business and all to the table, bobby kennedy was a the under jfk. how is this nepotism when she is taking an unpaid position and that is and? that is preposterous. dagen: the first lady role, why didn't ivanka play some of that? >> i was making a short list of people who benefited, going back to john quincy adams who was appointed by his father,
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president john adams, you had bobby kennedy, hillary clinton trying to run healthcare when she was first lady, and put in by fdr as secretary, the history of nepotism good or bad goes back a long way. not sure it has been any harm and if you want to work for free and have great ideas. dagen: she is a big advocate for women. i am not completely against nepotism, the healthcare roles, and rfk after that, lyndon johnson prevents you hiring
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relatives. she is not qualified to work in the white house, has no basis to work in the white house, there are plenty of women morse qualified and -- >> that is offensive -- she is not qualified because she wasn't in politics that she worked for the trump organization. she went to wharton, and nepotism nepotism. it is unpaid and has to follow the government ethics will. >> want to talk about qualified in washington dc you want to have that debate? 538 people in dc are not qualified to run a one car parade. inner-city youth in high school, enough cases in north korea, guys diane right now in iraq taking back land from isis, russia did something in the election and we are worried
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about ivanka trump? if he wantss to pay her that is his responsibility. there are bigger issues to deal with. dagen: there is a plans lgbt protest party for saturday night to protest despite her being an advocate for gbt to protest the climate rules that have come out of the white house. >> ivanka is smarter and more talented than other people trump has picked for key posts from reality shows that are far more embarrassing than the apprentice. we have to think about the president we are setting, if hillary clinton became president you want chelsea clinton with a west wing office? i don't think you would. it has been done in the past. when you start a business, you pick your kids to do it and sometimes you will annoy other employees but you started the business, you don't get that
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right in government. qualified or not you're going to create issues with other people in the white house and only so much real estate to give away and office space. dagen: this is why the people elected donald trump and expected this. >> no surprises. he used his children to campaign more than anybody else, not like they expected other people to surround him. he is president because of his children. dagen: and hour from now, what have you got? change are liberals like al gore cashing in on global warming? mark cuban is here in joining our brand-new segment on artificial intelligence, we will see you at 11:00. dagen: the president's supreme court pi
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dagen: supreme, showdown, voting against the president's pick for the court, unions campaign against judge neil gorsuch, you say that proves a win for him as a win for job creators. >> i think so. what job creators want is a judge who enforces the law and doesn't go beyond that. the critical case was trans am trucking, had a trucker who left the truck even though the company said no because it was
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freezing temperatures, neil gorsuch said i don't know if the decision was a wise or kind one, that is not our job. our job is to determine whether there was any illegal doing and there was. that is our companies want and great for job creators. dagen: john? >> i agree, we let judges interpret roe versus wade union law, we need how they are going to interpret the law in the constitution itself. the political ideology should not matter to a judge, the tail wagging the dog. dagen: julie? >> i hate to filibuster, i would never filibuster anybody, having said that i would never vote against neil gorsuch especially for the trucking situation with your title to life, liberty and the pursuit of happiness, his life would have been deprived if he stayed in the truck, he would
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have frozen to death. he is dealing with real-life people in real life problems, you have to take that into account when you are a judge, not just reading a textbook. dagen: is a good for business if neil gorsuch get seated on the supreme court? >> it is good for workers if you define that as more jobs with less expanding worker rights, not pro-business and anti-expanded worker rights and those make it hard to fire people lead to less employment, look at europe. it is not for everybody but in general it is like not having the union, not so much boosting corporations as holding expansion of worker rights. dagen: it is also about fairness, a judge who looks at the law and is not playing politics. >> he promised he is not going to bring politics, not going to bring ideology to the table, he is going to read the law, he is
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a constitutionalist who is good for business and if he is going to will against union that is not bad either, that can be pro-business, progrowth and keep things balanced. a lot of times unions have too much control why the taft-hartley act is in place and things like that, we got to look at the law and what that means for business. dagen: special thanks to lee and julie coming up they say april showers bring may flowers but it could bring a lot of green to if a denture were to be put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence.
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dagen: dictions. >> america's pastime, loancare dagen: predicted? >> 4.3% as an activist investor has gm up 20%.
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dagen: jonas, prediction? >> the quarter pounder driving fresh meat and the other, all big burger loses, shake shack up 20% a year. >> eat a cheeseburger. charles: to the white house and republicans waste another week squabbling over healthcare when americans are screaming for something else? i am neil cavuto and i want you to look at this number, 73% want tax reform now so time for washington to cut it out and start cutting? charles payne, charlie gasparino, gerri willis, ben stein, adam leschinsky and kennedy, don't know what

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