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tv   After the Bell  FOX Business  May 23, 2018 4:00pm-5:00pm EDT

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before that becomes a problem and were nowhere near that and the biggest issue there, demographics are in the favor of low inflation. >> hank, thank you. we are closing at session highs. a huge comeback on the market. that is it for countdown. now a turnaround in wall street. they were turning green in the final hour of trading ending up. you can see that about 48-point after being down as much as i hundred 67 points earlier in the day. they also close in positive territory. this is good news we are glad you can join us. here is what else we are covering for you. president trump mad as hell about reports of the fbi in for dement was trying to end the trail -- infiltrate his campaign. the former fbi director says
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wait till you hear what he has a say. hillary clinton on the campaign trail today blaming republicans this afternoon for not respecting the rule of law. they find that comment a little strange. our panel weighs in on that. the very latest city to join the lawsuit against that states sanctuary policies. the mayor says they are joining the fight. he will be joining us later. they're making a comeback. after the federal reserve signaled a rate hike. he is also the foxbusiness contributor. he is watching all the action in oil and gold. nicole, will start with you. we heard from the fed somewhat on track.
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and probably another one after that. a strong job market. was some uncertainty. over a hundred and 65 points only to move with the session highly in the day. it has come under pressure alluded to this later in the week. that they don't have the capital and they might do another dividend. they're down 7.2% and with that it is the biggest sell often more than nine years for ge. 20%. comcast says it's ready putting together for the 21st century. fox has come out and said that they were committed to the agreement but we will see what
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comcast comes out with. last but not least i'm in a give you another in the and as netflix and tiffany. both of these on the move. they've have a few pieces of information that you can also see tiffany with 23 percent. not only do did they do well. have you been buying there recently. comments from the fed moving the dollar. it's really what happened to the dollar. that is a major move we saw it really is. and it's also the reason why gold came back from the dead. it looked like it was never going to rally again. some of those basically said
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that they're not really concerned about inflation getting back to the 2% target and some of them are actually then placed in a little bit hot. and give them some ray of hope. they may not had have any for a couple of weeks. oil prices were under pressure today. they have this big shucking bell nobody knew where it came from. nobody was expecting it. it wasn't about demand. or imports or exports. the market have to put that in perspective but now they came back strong with the stock market looking a lot better. i think they're putting out more to fill in the gaps. president trump talking tough on trade. the u.s. is going to win and
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autoworkers are going to be happy. they've been following it all for us from washington. the present has been thinking a trade on many levels today. the president going as far as saying he has a lot of irons in the fair with a lot of his trade representatives. they can't remember a time ever when they had been negotiating on this many fronts the present tweeting out today that there will be big news coming soon. you had waited long enough. the present could be referring to and after. today he called mexico and canada spoiled because he said no other administration has even challenged them challenge them on a trade agreement. mexico has been very difficult to deal with. they had been taking advantage of the united states from long
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time. i'm not happy with their requests but i will tell you in the end we went. we will win and we will win big. the president has a site set on the china trade deal. our trade deal with china is moving along nicely. we will probably had to use a different structure. they are signaling another shift today reportedly their largest state soybean buyer showed up at the market today since april. that is a $12 billion we will be tough on china but will be of fair trade deal. this threat has been known since 2012. you should know nothing was done. and what now amounts to almost six years. this administration is going to do something. the chinese foreign minister today there is progress being
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made. positive progress on the trade front here. signals going up for china. they will start those trade negotiations again with with the hedge fund. also the fox news contributor. since i finally got it right. bubba trading. todd, first you. i think it's absolutely right what he just said. they did birth -- virtually nothing. they were being less democratic all the time getting away with murder left in rate. and also let's face it it's a lot easier to do these trade deals where you lump in about five or six countries from one region instead of singling
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them out. we want fair trade. we will not do all of these things. that allow you to take advantage of the united states. we have the exhibit that power and say this is the way things had to be done. taking away american jobs and dollars. with the best tradition you could possibly imagine. all of those thoughts that you and the wall street journal editorial page if you increase trade with china they will be more democratic and more giving. and put out more.
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that was wrong. they are becoming less democratic as a result of all of this. they had benefited as we have. those are the communist bureaucrats. they are not necessarily all the people living in china. look at poverty in china. i'm talking about the last administration. what is the result in china. it has improved a lot. everything that we shop on for amazon. the less the president has threatened the trade wars the better the stock market has gone. let's talk about what happened today because clearly the market changed course. it ended up about 52. i think it's because obviously at the fed decided that they are looking more dovish than
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traders were worried about. it looks like they're not can it to do that now. some people even marketwatch has a headline. here is how stock market investors could be surprised by a peak in rate. investors, be careful don't believe that they are turning it into. i think everything right now. there's actually quite scared about inflation going forward. with this particular month in may and the minutes that we just saw. they said that the 2% inflation rate is no longer appealing. they actually said in their letting inflation run a bit below there. that's why you saw the reversal in the market today. if we hit 2% we go higher. don't worry prices won't will go up that much. which will result in higher costs for companies.
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and then possibly hit the shares of stocks. this trade. that's overseen across the board. listen. we had aging roadways. we also have the age-old problem the question is who is going to fix all of this. probably not. but you know who can solve it. businesses. they can make the world run better. solving big problems is what
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business does best. i thought of you i almost fell out of the taxi i was writing and because i couldn't believe that. we preach this on the show all the time. business can solve of the world's problem. if you have a free market competitive. business creates a way to feed millions. i will let you take it over from there. the business has eradicated. there is a high calling. it's what gives us the model t. it is tremendous to see an ad for a major company to your point. celebrating the sinking. this is a positive trend to see especially in this country. if they would let companies take over and not the private sector even the rebuilding of
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the infrastructure here. we could have the country in great shape. the biggest sector from 40 to 65 are the ones that are having the most trouble. you get these guys back on the door. it would be so much better for the economy the aging infrastructure business is the answer. thank you guys.
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this as the former intel officials are fiercely defending the agency. judge andrew napolitano is here with his take. and illegal immigration. they will tell us what needs to be done right now he joins us next. a ruthless gang and the has it violated our transformed once peaceful neighborhoods into
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i want to see.
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we are live in new york with the latest. there are some interesting people there as well. you're right melissa. a number of republican locals elected officials. not many democrats though. and president trump was also joined by that. as in most.
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at the event as one of those peoples was make it a comment about the current immigration loopholes that need to be closed we are making a willingness even to a certain extent by the democrats. it was brutal as you know. better than anybody. very essentially -- substantially we need the loss and hints. criminals can be caught. they might end up skipping court appearance that and other things need to be fixed. where i'm standing earlier this afternoon there was a small group of protesters they have gathered and they were here objecting mostly to the approach of the president on immigration. objecting to the language that they used.
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he got up and he spoke and he said these protesters just don't get it that they are not seen at the big picture because they don't have to live the life that he has to live. that's how robert mixon put it. the deputy attorney general. i'm excited to pick up on it by the way. it's just fascinating to watch. thank you. the tension you could've cut with a knife. here now is arizona congressman andy biggs. where to start out with this dustup over the president calling the murderers in butchers animals. i think frankly that is too nice. how much time has been
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wasted. the issue should transcend partisan politics. nancy pelosi recently took nine hours on the house floor to celebrate the humanity in the behavior that encompasses what has what has torn apart the hearts. we haven't seen the reforms necessary. whether it is strengthening the ability of it export in deport gang members. who come into this country. were actually taking el salvador's problem.
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a number of those. with 46 states. in 2018. there is some semantics going on there. and people on the other side try to get these in. and they are reaching havoc in our communities and neighborhoods. a lot of them are caught. and then released because of some the sanctuary laws. we have to do the catch and release. we actually have the people are designed still on staff. this is a problem. with the jurisdictions who
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said were going to welcome everyone. and there is a little bit of tension now between the president and the president earlier today talked about that. let's play the day tape. this supersedes republicans and democrats. so what i want from rod, from everybody they are obstructionist but even the democrats i really believe on this issue it supersedes that and the obstruction
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there is a growing movement across california. it's the latest city to join the fight against the state's things were a loss. they are voting for the one to support the trump administration's lawsuit against the state. mayor what push your city council over council over the edge. i think it's a question of safety. trying to keep the city essays as possible. and that works best when we are able to work with our other partners in law enforcement as the customs and immigration.
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there is so many protest groups and it's hard to judge the mood of the people the protesters are very loud and visible but they don't necessarily represent the mood of the company -- the country or the city. we have received numerous e-mails questioning st 54. that is a senate bill. that we are talking about. they can do the blast e-mails. is it just the e-mail.
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i think that is the fact. it has not dispensed as a one act over the last few years. with the propositions. it has made it tougher and tougher for the law enforcement to do the work. that roads the safety in the community. we are starting to see the crime stats change so much. they want to pay the full
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health care coverage for illegal immigrants. they want to pay everything. most if not all of this. it will be a huge multibillion-dollar addition to the states already strained budget. i think there needs to be a business plan. and what is our health plan going to be and more importantly how do you pay for that. same are you for or against the state pain full paying full coverage for illegal immigrants. i'm not for the state paying for that. i think there is other ways to cover healthcare. and pulling more illegal immigrants. i understand your point. another observation is does
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california had 13% of the population for this country that has almost one third of all the people in this country on assistance. we thank you very much. we would like to know what happens. scott pruitt after internal documents show he spent nearly $10,000. almost double the federal spending limit. it was spent on smithsonian artwork and other framed items. any conference table that was there. that is your government at work.
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slamming a spy gate. they are commenting on
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accusations of spine. allegations he said could be something this country has never seen before. when they look at the documents i think people are get good to see a lot of bad things happen i hope it's not so. if it is there has never been anything like it in the history of our country. if you look at clapper he admitted that they had spies in the campaign inadvertently. but i hope it's not true. it looks like it is. here now to comment as judge andrew napolitano. judge, let's play that little clip where he basically admitted it on the view yesterday. listen to this and then i will get your reaction. >> what about the notion that there was a confidential informant embedded in the campaign is that true. see mac as we have seen the identity of this informant is
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now out. is in the media. this is a fairly benign tool available to the fbi. was pretty mild. it was pretty mild. it sounds like he confirmed it right there. it was a conversation to which the president was referring. the greatest fears are not exaggerated. a used law enforcement and intelligence tools to infiltrate the trump campaign. to protect the trump campaign.
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or to gather intelligence. to be the president's greatest fears. we don't know the facts yet. they were just trying to protect the president from that. i went they just tell them. they were there to they were there to and up till midnight of election night they thought they have succeeded. one of the reasons that the president is so angry personally is because of the lie he told under oath. they already knew the answer from that confidential briefing.
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we know the answer was yes. it expired two months ago. it's too late to prosecute him for this public act of perjury this is also infuriated of the president. that's kinda what he's known for now. he was the one that basically lied about the nsa light about this. clapper basically confirmed. that that is the first one. with a variety of policy readings. they worked for the reagan administration. they advised president kennedy of all people.
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they would need a search warrant. they have committed among the most serious in egregious violations. with the same kind of help. a new rule in professional football. stand and show respect for the flag. he announces teams will be fined if there players don't
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stand. they can choose to stay in the locker room until the anthem is over. their union said it is reviewing the new policy it will challenge any aspect that goes against their collective bargaining agreement. >> a summit in jeopardy dozens of journalists arriving in north korea to witness the closure of the nuclear test site. amid new concerns they may be delayed. the latest on where the summit currently stands that's next. ♪
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uncertainty going on. the u.s. is still planning for a june 12 meeting. despite a recent change in attitude. the north is planning to demolish a nuclear test site sometime this week. here now with more.
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a new word on yet another move towards possible peace here. they are visiting here. they have the dismantlement of that nuclear test site. it could happen on thursday korea time. i makes its way up by train to the site basically to watch explosions in the collapsing of tunnels. they were allowed to join with others again though no international observers allowed. the site might not be usable anymore anyway. that's a relatively easy give and has a lot of symbolic value. as for the summit planned for summit planned for june 12 in singapore. generally positive. south korean president was in dc meeting with the president about this.
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we spoke to one of the aides. and they said they're not worried the kind of rhetoric we had been hearing his fine tuning and adjusting the scope of expectations required for that summit. what might come out of that summit it would be by the way the fourth in three months. that is another story. a pledge for the nuclear station is probable. there is a lot to get to until we get to that point. including the dismantlement of the nuclear test site. a looming civil war for the last new insight. hillary clinton is back on the campaign trail. how do you win at business?
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if you believe that standing up for reason and respect is critical to our democracy they were blasting at the republican party. a washington examiner contributor. do you think that democrats want to have hillary clinton on the campaign trail for them. i don't think they are desiring this but she will work very hard and they want some sort of revenge. and he i think it's a very tough for democrats.
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who else is left because barack obama is hiding out and not wanting to be a very visible player. this really represents that struggle on the left between our you going to be hillary clinton. that part of the party what is the more successful weight wait for democrats to go. i don't do get the get the right thing to do. to continue to be hillary clinton.
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people want something new and fresh. at the same time the bernie sanders and elizabeth warren wing i think it's too progressive for mainstream democrats. if you want to be able to win and swing districts across the midwest. and the south for example you need to be able to connect directly with voters. in places that you are trying to represent. i think that is the way the democrats are going to be successful by recruiting, candidates one final thing i will say. about the history. overall hillary is still very popular in the state of new york. they had been dried at the progressive aside. it is unique characteristic.
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i think they are trying to bring together the traditional democratic base. it means that people want her there. unpopular among some groups. she doesn't show anywhere for free as a said, i think this is what democrats see as their and been tied with the elizabeth bernie wing. i need some firepower in the center of our party and i
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think president obama would be a much better choice but he seems to be resisting right now been involved and i think what they really need to do is start over and try to run as democrats who can earn back the kind of voters that they lost and who donald trump one. it will take some guts but i think that's the only way they make it back into the mainstream when he at the national level again. about the personnel it's really about the person. it was someone who attracted a lot of people. regardless of what any of these can say. people look to them they have
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historically been against george w. bush. i think personalities always play a part in the political choices. but just because you are are magnetic doesn't make you an appropriate policymaker. and at the end of the day it doesn't mean you're going to win either. we have to go. i thanks to both of you. >> i would like to have a beer with anybody. pushing him out of the nest. a couple was forced to go to court when their 30-year-old son refused to leave home. . they appear out of nowhere.
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my secret visitors. appearing next to me in plain sight. hallucinations and delusions. these are the unknown parts of living with parkinson's disease. what stories they tell. but for my ears only. what plots they unfold.
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but only in my mind. over 50% of people with parkinson's will experience hallucinations or delusions during the course of their disease. and these can worsen over time, making things even more challenging. but there are advances that have led to treatment options that can help. if someone you love has parkinson's and is experiencing hallucinations or delusions, talk to your parkinson's specialist. because there's more to parkinson's. my visitors should be the ones i want to see. learn more at moretoparkinsons.com i want to see. so, my portfolio did pretthat's great.year. but the market was up nearly twice as much. that's a tough pill to swallow. exactly. so i started trading. but with everything out there, how do you know what to buy? well, i think my friend victor has just the thing for you. check this out, td ameritrade makes it easier to find the investments that might be right for you. like our etf comparison tool it lets you see how etfs measure up to one another. analyst ratings and past performance... nice. td ameritrade also offers access to coaches and a full
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education curriculum to help you improve your skills. that is cool. and if you still have any questions you can always chat with us on facebook or call our experienced service team, 24/7. yep. just because you're doing it yourself doesn't mean you're on your own. that's great. you're still up. alright. you're still up. if i knew you were gonna run the table i wouldn't have invited you over. call (866) 285-1934. act now to take advantage of commission-free trades for 90 days, plus get up to an $800 cash bonus when you open and fund a new account. ♪ . >> one couple resorting to drastic measures to get their 30-year-old son out. >> 30? >> parents christina and mark rotondo taking the family dispute to new york state supreme court. they gave their son michael seven written notes to leave the property. >> he took 30 minute, he was arguing with the judge claiming
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he only wanted a reasonable amount of time to vacate requiring a common law amount of six months. the judge sided with the parents ordering michael's evision. but guess what? after the court appearance, he went back home. they can't get rid of him. >> they can't. here's "the evening edit." >> other criminals to infiltrate our communities and democrats in congress refuse to close these loopholes, including the disgraceful practice known as catch-and-release. you catch them, you write up a little piece of paper that's meaningless and then you release them, and they go all throughout the country, and they're supposed to come back for trials. they never come back. liz: president trump showing republicans how to do it. he's blasting ms-13 gang members today at an immigration event at long island and tak

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