we've seen last four months broadening out by participation not just market cap. [closing bell rings] liz: eric, good to have you here. nasdaq snaps three-game losing streak of 20 points. the dow though, third day in a row for a loss. see you tomorrow. >> stocks fighting for gains in the final minutes of trading as we enter busy week for corporate earnings. result this is quarter. google parent alphabet out with results any moment. major averages ending mixes closing down roughly 12 points. i'm adam shapiro. in for david asman. melissa: thank you for joining us. happy monday for you. i'm melissa francis. is "after the bell." we have more to cover for you in this very busy hour ahead. made in america, president trump wrapping an event at the white house showcasing products across the country produce produced here in usa.

amid tariff battles abroad. we'll take you live to the white house for the latest. press secretary sarah sanders just announcing president trump considering revoking security clearance for several top obama intelligence officials. more on what that means and why. we're learning the fbi relied heavily on the anti-trump dossier to get a surveillance warrant on former trump campaign views sore. government watchdog, "judicial watch" was instrumental in the release of new documents. "judicial watch" president tom fitton joins us with more on the details and the fallout. >> back to the market, the dow ending the day slightly lower. we want to go to nicole petallides on the floor of the new york stock exchange. nicole what stocks are moving today? we're also waiting for alphabet. >> that's right. we have earnings season underway. halliburton, hasbro, one up, one day. one trader told me sold off hasbro, took profits and bought more halliburton while it was

down to even out the trade. the dow with 170 names reporting for subpoena 500 this week. we watched fiat chrysler, all this, ferrari shares fell on marchionne has to step down. health crisis. stock down 1.7%. then we have the story of papa john's poison pill. we know that john schnatter, he was ceo. he lost that role after the nfl, blaming nfl last year for lower pizza sales. now a racial slur loses chairman role. he is out. they put in poison pill, diluting shares. this way he can't scoop it up to make offer for entire company he founded in 1984. facebook, all-time high. everybody watching "fang" stocks. 211.62 was the high. you did see it finish up half of 1%. nike is adjusting salaries for over 7,000 employees. in fact raising those salaries. we saw nike slightly lower.

we'll be watching for a couple earnings now. whirlpool and of course alphabet google back to you. >> nicole. thank you very much as we await alphabet earnings we're entering the busiest week of earnings season, facebook, amazon, twitter some big names that are going to release their earnings report this week. bring in the market panel. adam lashinsky from fortune. also a fox news contributor. liz peek come imist for foxnews.com. liz, i want to start with you. last week not so bad, 87% of those reporting beat earnings estimates and 77% beat revenue. will we continue the trend or are we in for surprises? >> i think we'll continue the trend. estimate for the second-quarter earnings gain is up to about 22%. up to a week ago was less than 21ers not a huge increase. these are big numbers for second quarter in a row

adam: especially with tech names, adam, alphabet, google, facebook had to answer how they're screening of difficult postings on their websites. there is criticism they're knocking off conservative voices. do you think that has impact on earnings or do you think they will be off to the races? >> my hunch it will have absolutely no impact on second-quarter earnings. i was listening to liz speak, i was thinking check, check, check, i agreed with everything she shade right up until this will continue into third quarter. the most important thing, the most interesting thing on earnings calls today i think what will be the companies say about the future because if trade policy or regulation will have any impact on them, certainly will not be in the second quarter but could be in the third or fourth quarter. adam: adam, let me interrupt

you. i want to interrupt you alphabet is out and susan li has earnings in the newsroom. >> they look pretty good. earnings excluding fines, broader number we're taking a look at. 11.75. that beats analyst consensus of 9.59. that tops analyst calls, when it comes to revenue, stronger than expected, $32.66 billion this is complicated quarter for alphabet. this quarter they're including that record e.u. commission fine of $5 billion. if you include that in a bottom line, it is 4.45. that is gaap number accounting rule t comes back to costs and spending. there has been a lot of criticism that alphabet is spending way too much money on a lot of their different businesses. total traffic acquisition costs spending on cloud computing autonomous driving, other areas pressured profit growth.

they spent less in the quarter, 6.42 billion. less than what analysts penciled in for the three months. i will keep checking through this but looks like a pretty strong report card. back to you. melissa: great. thank you so much. our panel is back with russell holly mobile nations senior editor. russell, i start with you. what do you think about what you just heard and what about the idea they're not spending as much as was thought on all these different invests? >> i think a lot of time comes to spending it is how resources are being allocated and in this case we've seen so much success working with commercial partners with waymo and loon, giant wireless balloon project, that offset costs significantly. we'll see more in the coming quarter. melissa: liz, what do you think of the beat? we saw that earnings share, 11.75, versus 9.59? >> that is a big number. that's what it's all about. we saw last week short fall

netflix results completely torpedoed the stock. that was investors hoping for google, alphabet, excuse me and the company delivered. melissa: you made a big point looking ahead to regulation and with this company i feel they become what microsoft was before. remember when microsoft was the bogeyman and everybody was after them for antitrust and monopoly, this, that, other thing and now the focus on facebook and google, no? >> it is. you're asking a great historical question which is, what sent microsoft into that decade staffing nation? was all of this regulation, anti-competitive investigation, or was it the fact that they missed the technology trend and i'm persuaded looking backwards it was latter. sure it was all important, but killer was the latter. that is why it has taken microsoft so long to get back on track. i think alphabet and facebook have not been affected yet because their businesses are just crushing it. melissa: okay. that is a great point.

we're going back to susan li. she has more details for us. >> ad revenue, this is the top line driver, really for alphabet, the entire, group company. looks like we're a bit light when it comes to ad revenues in the quarter. market looking for 28 billion. all we got is 26 billion. this is top of the line driver for alphabet because they spend for rest of the businesses under umbrella. melissa: that is a big point. russell what is your reaction? >> this is google's strategy for a while or alphabet's strategy for a while, diversifiesing into other products so that search is not one thing that everything leads to. eu decision is targeting search specifically one of the things they want removed from android. it doesn't surprise me this diversity is happening before that decision happens. melissa: liz? >> yeah. i mean i think it is all about acquisition costs and, look i couldn't do the math in my head quite right to figure out whether the beat on revenues was

better than the beat on earnings. sounds to me like acquisition costs were pretty good. company is just doing super. melissa: okay. >> that's why the eu wants to fine them by the way. melissa: russell, thank you. panel staying with us. tesla shares closing down 3% today following reports that the car maker is asking suppliers to return cash to help with profit. company is responding asked only small number of suppliers to cut prices on ongoing products to improve cash flow. all this happening as elon musk continues to be called out by media. "new york post" headline, in case you missed it over the weekend, reading elon musk is a total fraud following questionable tweets and missteps along the way. adam, what do you think about this? are they being too rough on him or kind of catching up with him? >> the "new york post" is not known for subtly obviously. i think it's, this is catching

up with him. he is epitome of distracted ceo right now. whether that is because he has a house of cards going on or we in the media built up his ego so far beyond any normal place it could be it is so obvious he needs to get focused right now. he should not be worried about submersibles in thailand. should be worried about building cars and other 17 things at top of his corporate to-do list. melissa: liz, distracted or distracting? maybe he waves those magic wands like the things in thailand to distract he has to turn around and ask suppliers for money back? yikes. >> i've been questioning some time whether he had the stick taught it tiffness to see -- sticktoitiveness for tesla. the article is over the top. car is something everyone wanted in beginning to becoming a major supplier or auto manufacturer. that is a huge leap. this man as visionary, develop

products, sell the company to let someone else build it out. i don't think he is is focused. that is exactly right. melissa: adam, that is how it goes normally. you have incredibly visionary entrepreneur who starts the company, so talented and existed but they don't turn into jeff bezos and reunvent the company, roll it out and person executes it and manages transitions, don't you think? >> the person that musk has been compared to over and over is steve jobs and in fact steve jobs as we all know got kicked out of his company once. had to go wander around in the wilderness, become more mature, came back and carried out the most radical successful transformation of corporate history. musk isn't there yet. he may be at that first stage. melissa: that's a great analogy. guys, thank you. adam? adam: the white house showcasing products made in america this afternoon as president trump continues to threaten more tariffs abroad. hillary vaughn is live for us at the white house. she has more details.

reporter: hey, adam, the whole point of this event was to send a message, the president cares where things are made. it matters to him. it may not have mattered to past administrations whether or not manufacturers were fleeing the country but he intend to bring them back and the president thinks that is a good thing of the president toured several is companies, products from all 50 states, products made in the usa and companies own and operated by american citizens, people that live here. he says a few things caught his eye. he highlighted snowboards made from a company in colorado. baseball bats from pennsylvania. he was thrilled that lockheed martin brought the f-35 fighter jet and didn't land it but brought it to the south lawn. that is remarkable product. he has been aware lockheed martin and apple are planning big investments in

manufacturing right here in the u.s. >> after many years of decline american manufacturing is coming back, bigger, better, and stronger than ever before. it's happening. we're in the midst of a great economic revival. 95% of american manufacturers which i love, that is what we love, manufacturers, are optimistic about the future. that is the highest level ever recorded. reporter: president put that in context with trade back and forth not only with the eu who he will meet with officials on wednesday but also mexico and china saying he believes this is all going to work out in the end but he is is not going to give up on negotiating a better deal for u.s. companies on trade overseas, saying he will fight and continue to make sure those terms are level playing field for u.s. companies. this event teeing up, making it

clear why it is so important for the president to negotiate better trade deals but also what his goal is to bring companies back to the u.s. and manufacturing back here, adam. adam: that is a big concern for him. hillary vaughn, thank you very much the president will pay attention to gdp as all of us will later this week. melissa: absolutely. putting iran on notice. president trump issuing a stern warning never, ever, threaten the u.s. or suffer the consequences. thethe man who killed osama bin laden rob o'neill, says the president is acting from position of strength. adam: the president is considering revoking security clearance for several is top obama officials. we'll tell you his reasons why. melissa: new details on the fisa is a application that led to the surveillance of a former trump campaign aide, carter page. "judicial watch" president tom fitton was instrumental in the release of these documents. he joins us next. >> he sees more and more every single day this is proving

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melissa: breaking news. alphabet, parent company of google, up 4 1/2% after-hours, following beat in second-quarter earnings and revenue. company citing benefits from soaring sales of online advertising, with advertising revenue surpassing 28 billion for the quarter. alphabet says paid clicks were up 58% versus a year ago. adam: not backing down. president trump looking into revoking security clearances of several top obama-era officials. according to white house press secretary sarah sanders fox

business's kristina partsinevelos is live at the white house with more on this. kristina. >> these are obama era intelligence and law officials who have been critical about the president and his relations with russia. we have to get through the list there. is quite a few names. former cia director john brennan. fbi director james comey. all of these are former by the way. former cia director michael hayden. former national security advisor susan rice. former director of national intelligence james clapper, jr. last but not least, former fbi deputy director andrew mccabe. all are critical of the president in terms of his relations with russia. press secretary sarah sanders that was speaking maybe about an hour 1/2 ago. she went into details, specifically about former director, cia director john brennan who, as you may recall last week called trump's meeting with putin treasonous. listen in. >> not only is the president looking to take away brennan's

security clearance, he is also looking into the clearances of comey, clapper, hayden, rice and mccabe. the president is exploring the mechanisms to remove security clearance because they politicized in some cases monetize their public service and security clearances making baseless accusations of improper contact with russia or being influenced by russia against the president is extremely inappropriate. reporter: this also, this all this talk, so much going on incredible. president trump doubled down on fisa documents. so there was a 491 page document released that was released specifically by the fbi and involved the application to conduct surveillance of a specific american. that is where the fisa comes in because it is the foreign intelligence surveillance act. that american is carter page, who worked on the president trump's campaign. if we could end on the tweet from president trump stating that so, we now find out it was

indeed unverified fake dirty dossier paid for by "crooked hillary" clinton and dnc, knowingly falsely submitted to fisa, responsible for starting totally conflicted and discredited mueller witch-hunt. this whole dispute about the document boils down whether the justice department and fbi violated rights of a one-time junior foreign policy aide to the trump campaign. that is the carry page. adam: real quick appointment of clarification, did sarah sanders say in real world what it means to revoke security clearance for people no longer in positions they will see today's classified documents? they're already out. what good is revoking security clearance. what good does it do? reporter: excellent question. what it really means, i was talking about the people, it could ruin future prospects for these officials when they try to leave the government and want to get jobs. their security clearance helps them. a lot of private sectors will hire them on. they get extra money.

work in consulting. that will affect their future prospects. adam: but they don't have access to current classified documents. i see your point, do they? reporter: no, exactly. no. it -- adam: brennan thinking he has access to current documents when he doesn't because he is is out of the cia we got to go. that is whole other issue. reporter: exactly good point. good point. adam: k-parts, thank you very much. reporter: thank you. melissa: here is react tom fitton judicial watch president. can i get your reaction to revoking clearance. what difference would it make? >> having a security clearance in the private sector makes it more valuable to potential clients and companies you work for. it is that simple. in the case of mr. comey and mr. mccabe and miss yates, for instance, who were fired for misconduct, i think it is easy call whether to remove their security clearances. on others, if i were the president i would let the ig process begin to work a little

bit, see what they come up with. but the standard, there isn't much required to pull someone's kurt clearance. it has been abused to target trump people. melissa: what does it allow you to do. i understand the cachet when you're getting hired in the private sector but are you allowed to get briefed on stuff? do you have access to things others don't if you have a security clearance? >> you have access to government decision-makers currently in the intelligence community. so you can talk shop. melissa: yeah. >> you can't do that anymore, at least on classified material if you don't have security clearance. melissa: it is worth quite a bit. thank you for clearing that up for us. take you back to the fisa document. they finally released it. i was roaring with laughter, when i opened it up, whole pages are totally blacked out. what did you learn from isn't. >> welcome to our world. nothing unusual to see that unfortunately. but what wasn't blacked out was something terribly corrupt which was the misuse of the clinton

dnc dossier information to target the trump team. and the clinton dossier information was disguised inappropriately and misleadingly by the department of justice and the fbi during the obama administration and yes, during the trump administration by rod rosenstein. melissa: they said the footnote said it came from somebody trying to discredit that campaign of the does that not cover it for you? >> no. i encourage viewers to read the footnote, not knowing what goes on, would you conclude the clinton campaign used a cut-outlaw firm to pay fusion gps to hire this guy to work with russian intelligence to dig up dirt on hillary clinton or dirt on president trump. it was designed to disguise the truth from the court. it was corrupt. melissa: they also say, there was plenty going on, they could re-up and re-up and re-up and

fisa warrant reveals that. how many ever times they had to go to get new clearance, this is yielding enough. there was answer i heard 20 times. it was yielding enough to be held up, so it wasn't just totally reliant on the dossier but they were getting stuff. >> well, there is no evidence they were getting much at all. certainly it has been a year since the last fisa warrant has been approved, at least as far as we know and mr. carter page is walking a free man. pretty clear based on the evidence they were presenting. he was not a spy. he was cooperating with the fbi. carter page was pretext to get at the trump campaign. and one thing for the obama administration and doj to use that in abusive way but it was signed by rod rosenstein, in the middle of the mueller investigation. mueller has to answer for abuses as well. melissa: real quick, did it create any questions you didn't have before, answer anything that you didn't know before, tom? in other words were there surprises in there.

a lot of it was what you were expecting. was there anything that you said, wait a second? >> one thing to have republicans on the intelligence committee tell you how bad it is. it is another thing to see the document in black and white and see that they were right. you can, viewers can read this document and draw their own conclusions. and what is interesting is, how, you've got the clinton dnc dossier, knowing background, they talk about the clinton dnc dossier, talk about news articles reporting on clinton dnc dossier, state department providing information, which was essentially the clinton dnc dossier, they present to the court they're all different pieces of intelligence, ultimate in dishonesty. those responsible need to be held to account. the president needs to take steps to unblacken and declassify much of the rest of the material out there. melissa: tom fitton, thank you for your time. as always we appreciate it. >> you're welcome. adam: very bright outlook for gdp the white house eyeing big

numbers this friday. charlie gasparino has, exclusive details for us next. melissa: securing the safety of the u.s. president trump sending a a stern message to iran. our next guest says u.s. is acting from position of strength. rob o'neill, retired navy seal up next. >> this president will stand up to make sure he is doing what is necessary. he is showing peace through strength. but if needed, steps are required, this president is not afraid to take them. rican red c, and our nation's veterans. we knew helping our communities was important then. and we know it's even more important today. so we're stepping up to volunteer more and donate over a million dollars every day. so our communities can be even stronger. it's a new day at wells fargo. but it's a lot like our first day.

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>> the president's been i think pretty strong sense day one in his language towards iran. was responding to comments made from them and continue to focus on safety and security of american people. adam: press secretary sarah sanders doubling down on president trump's strong message to iran. president trump tweeting this morning. this is the tweet. to iranian president rouhani,

never, ever, threaten the united states again or you will suffer consequences the likes of which few throughout history have ever suffered before. we are no longer a country that will stand for your demented words of violence and death. be cautious. joining me to discuss all of this, rob o'neill, retired navy seal and good to have you here. let's get right to this. there are serious things going on in iran that don't get much coverage. rebellion or protests in the streets because the economy is faltering. part of what rouhani might be doing is trying to get money back into his country. yet our state department, our treasury department are pushing back. >> that is what they're doing. department of state. secretary pompeo made pretty strong word out in california at the reagan library. he is talking about that, basically rouhani and mullahs are doing, running a 95 million-dollar hedge fund and basically acting like mafia. along with the sanctions, they will be replaced next week, you see what happened with the currency in iran, already

decreased half since january. that is all kind of overshadowed by president trump's tweet. he is showing strength. that is what he wants to do, negotiate from position of strength. seems everyone before he started running for president twitter is a very strong weapon for him. adam: before i ask you the question about his words in that tweet because last time he spoke this forcefully it was kim jong-un. >> right. adam: we got a summit down the road. >> we did. adam: i'm not sure if the president will be speaking at on point with the iranians. remember the iranians used to harass american naval vessels. >> yes. adam: in the straits and gulf of hormuz, they don't do it anymore. >> they don't do it anymore. in 201522 times. 2016 in 2016. 14 in 2017 and none in 2018. there was a point are iranians took sailors had a hostage, embauer assed, made a huge propaganda victory, as soon as they released secretary john kerry thanked them. thanks for letting our guys go,

not even condeming. i would question why iranians didn't fire on iranians before overtaking them something up the chain of command, they probably were not allowed to defend themselves going forward. adam: the president is demonstrating he will not be bullied by bully regimes. he stands up to them. what happens next? do we need to move forces back into the straits -- >> i don't think so. they took a carrier battle group, harry s. truman out of there after three months deployment. normally it is seven, 10 months. showing unpredictability. what is the president going to do? what does he have we don't know about. he can put them back anytime. straits of hormuz, iran being the fifth largest distributor of oil, they will claim to cut off the straits but what they, i'm sure they do know iraq, saudi arabia, united arab emirates built pipelines that stress is it becoming less and less. we need sanctions which should be big story internally we need

protests to rise up. especially help from the media to report on what they're doing. iranian people are tired of all their money, a lot of huge crates of unmarked bills during the obama administration going into syria to fund hezbollah to fight israel. they're saying bring our stuff back. er we'll tired of this and being held hostage. adam: political leaders in europe are talking to iranians and opening up banks and money flows. would we have to take actions again them. >> he is not afraid. why are you not spending what you're supposed to spend on your own defense? yet you're doing natural gas dealings with russians who we're protecting you against and you're mad meeting with putin. if they deal with him they will see it. adam: he doesn't back down. >> no he doesn't. adam: rob o'neill. >> thank you. adam: melissa. melissa: president trump facing ongoing battle with the mainstream media but doesn't appear time pack the approval

ratings. we're bringing you significant numbers coming up next. ♪ year, i am sorry about that.

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get your first prescription free at anoro.com. adam: alphabet hit all-time high of a hours, up 4% following second-quarter earnings and revenue that smashed expectations. google's advertising business accounting for most of its revenue surpassing $28 billion for the quarter. melissa: all right. the fight over fake news continues.

the president tweeting today, when you hear the fake news talking negatively about my meeting with president putin and all that i gave up, remember i gave up nothing. we merely talked about future benefits for both countries. also we got along very well which is a good thing except for the corrupt media. as it turns out the president's approval rating ticked higher during the summit with president putin despite negative coverage hitting all-time high for his presidency, up one percentage point from june. annika green, former bush speechwriter, "real clear politics" columnist. we always believe the polls and didn't bear it out ahead election. you have to give the caveat ahead of time. what do you think of all this. >> this additional caveat, one poll, i don't doubt veracity or credibility. it is very interesting. we haven't heard much about it. it did survey the time period included not only president trump's meeting with president putin but his going to nato, pushing nations there for additional contributions to the

nato budget and subsequent apology for how some of his words were taken during the press conference between him and putin. melissa: it is interesting, this is kind of the cycle that we go through. there is event. there is always something, oh, this is the end. this is where finally the wheels have come off. it doesn't seem to, seems like he has been kind of on a steady rise for a while. i mean give me sense of the overall trajectory? >> he did kick up one percentage point. his approval rating is 45%. looking at the poll, the positive for him is that he is 88% among republicans which is very high. i think it is very high for where he is is right now. historically comparing a lot higher than those previous presidents but at the same time his overall approval rating is very low. so that doesn't look good for the midterms coming up. melissa: yeah. always strikes me as, opposition rides the narrative of, you know, russia got president trump

elected whether he colluded or not is that they're sort of insulting people who voted for him, you didn't get him in office, the russians did. i don't know if that is the way to win people over to your side to say -- >> insulting their intelligence? right. melissa: right. >> they were somehow forced to vote by russian interference a certain way. despite all of the talk about interference which has been proven. melissa: right. >> collusion is different from interference. collusion is not proven. interference has not been proven. that doesn't mean the russians hacked voting boxes. doesn't mean anybody was forced by a russian how to cast their vote. melissa: no. i mean they just go with the narrative, that they hacked in, got emails of hillary clinton, they released them. and that is what, you know, sort of swayed so many people to vote for president trump. where do you see the signs of weakness in these polls? if you look at just the ballot between left and right, it has gone back towards the left in

the last mid-year. >> yes. it is time of incredible not bipartisanship, polarization is all-time high. that is actually benefiting president trump right now but only 9% of democrats approve of his job rating. so that isn't helpful again for the midterms because this poll also revealed to those surveyed thought that democrats should take congress. that will make it a lot harder for president trump if that happens. melissa: yeah. annika green, thanks so much for your time. appreciate night thanks very much. adam: hoping for a home run, the white house setting high expectations for second quarter gdp but could trade fears slow down economic productivity? charlie gasparino has the scoop before the numbers actually come out. that's next. iet... and exercise. and maybe even, unproven fish oil supplements. not all omega-3s are clinically proven or the same. discover prescription omega-3 vascepa.

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reduces background noise. don't wait. call or go online now to get your free sample pair today, and try the hearing aid pcmagazine called, "tiny, comfortable, and nearly invisible." eargo, hear life to the fullest. i have to tell you something incredible. capital one has partnered with hotels.com to give venture cardholders 10 miles on every dollar they spend at thousands of hotels. all you have to do is pay with this at hotels.com/venture. 10 miles per dollar? that is incredible. brrrrr! i have the chills. because you're so excited? because ice... is cold. and because of all those miles. obviously. what's in your wallet? melissa: the first measure of economic productivity for the second quarter due out this friday. the white house already signaling a potential home run. gdp report despite an on going

eye for eye tariff battles. charlie gasparino joins us now with exclusive details what to expect. charlie? >> you know listen i can't tell you what will be in the numbers because i'm not inside of the commerce department, which releases these numbers but i can tell you what they're saying in trump administration and what president trump is saying. following our report earlier today bond yields spiked a little bit. shows you the markets are starting to price in higher economic growth government is predicting. here what we know from people spoken to president trump. he is expecting second quarter ggp growth to grow at 4.8% clip. that is pretty hefty if you think about it. last quarter we were at 2%. during the obama administration, last time we had something like this was back in third quarter of 2014. we should have a whole story on this on foxbusiness.com where economic growth hit 5.4%. but remember growth went down during the obama administration. he basically had average

economic growth, not higher than 3%. what we're going to get coming out of this report on friday, again this is predictions from inside the trump administration, other officials inside the administration are predict 4.3 to 4.5% growth. what we get on friday, if they hit this bogey we'll get a huge degree, a huge dose of pr from the trump administration, rightly so, saying their economic policies are finally working. low taxes, less regulation kicking in. forget about a trade war, good economic times are coming. we should point out a couple things here, melissa. second quarter gdp will generally not take into effect all the tariffs that are starting to come, starting to pile on. that will take a while. that may come in the third quarter. it may come in the second quarter revision, we don't know but that is something that will come later on. there is some anecdotal evidence starting to hit u.s. manufacturers. all you have to do is read

"wall street journal" they go to towns where higher tariffs on u.s. goods starting to impact on jobs. there is economic impact going forward. right now the second quarter gdp looks to be, at least according to people inside of the trump administration, to be between 4 and 5%. i will point out one other thing. if they are wrong, obviously they will be deprived of a pretty good talking point. it will be catch-up time on friday to explain why it is not hitting 4%. i am telling you the markets are pricing in a gdp growth for the second quarter at over 4%, between four and five. melissa: those are huge numbers. it is insane to whisper that out early. can you imagine if they don't hit it and disappoint it with just four which is enormous? you don't want that to happen. those are all enormous numbers. >> i take the jamie dimon view of -- melissa: under promise and overdeliver? >> you got it. melissa: yeah. >> that is what they should do here. if this thing hits 3 1/2% they will have egg on their face. melissa: that is a big number.

>> it is not bad. we should point out you know, here is the thing, if you look at obama, quarter by quarter during obama years, take out first couple years it was not very good. we hit some high marks. we hit a lot of low marks. generally we had pretty tepid growth. what the trump administration will say on friday if the number hits between four and 5% as we're predicting, pro-growth policies are working. one thing again i will caution you, i don't have the numbers and number two, these numbers don't count trade stuff, tariffs which are having at least anecdotal impact. all you have to do is read papers. >> i read the papers. i heard about cheap meat you can buy that is piling up. >> cheap meat? are you eating cheap meat? you don't seem cheap meat type of person. melissa: i'm a cheap date. you would be shocked. cheap wine. >> i'm not. i'm not by the way. i have very expensive taste. melissa: there you go. thank you. adam: made in america.

turning the spotlight on companies building right here in the usa president trump welcomes these businesses at white house. one of those leaders will join us after the break. stay with us. ♪ how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com when the guy in frontd down the highway start winning today. slams on his brakes out of nowhere. you do, too, but not in time. hey, no big deal. you've got a good record and liberty mutual won't hold a grudge by raising your rates over one mistake. you hear that, karen? liberty mutual doesn't hold grudges...

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adam: president trump at the white house hosting companies from across the country that make products right here in the united states. the president of one of those companies, donna mazily, of delaware-based mazily enterprises makes custom military gloves, joins us now. thank you for being here. you were at the white house. what was it like when you got the invitation to be a part of this. >> i'm very proud to represent delaware and represent my company at the made of america event. when i was notified i eagerly responded yes to it.

adam: i listened to story, how your husband was an engineer. >> yes. adam: you designed these gloves specifically, they're more than just gloves. tell me about that. >> masley gloves are technical hand wear. we use gor type product to protect war fighter. they are waterproof, anti- microbial and fire retardant. our major company is the u.s. military. our mission was to provide the u.s. military with quality, technical hand wear. adam: the decision to manufacture the gloves in the united states. a lot of people, friend of mine who have businesses talk how much cheaper to produce things in china even if you have to ship them back. what made you and your husband decide to produce here? >> you are correct it is cheaper to makeover seas but when you are working as a government contractor for the military there is a law called barry amendment and that requires that your textiles and that your

libor force to be of u.s. origin. so it's a requirement to be a military contractor to have product made in the u.s. adam: did you have any plans to maybe expand -- listen, i live in new york city. it gets very cold. could use better gloves up here. leather don't cut night you do need good gloves up there. i agree with that. >> any plans to expand? >> not at the present moment. we're expanding in state of delaware, let me wrap up. did you get a chance to have one-on-one with the president? he is so pro-american and pro-manufacturing, did he get to share anything with you and get to share anything with him? >> i got to meet the staff of the president. he met all of us as a group. he did tour all of our stations. but we were in another room when that occurred. adam: i got to imagine everyone there obviously is very pro-american and make knit the united states. your friends must have been happy for to you being there today? >> yes, yes. i was very happy to meet the other vendors, the other made in

america companies. it is just very exciting to be along with other individuals who are performing the job work that we are doing also at masely enterprises. adam: we appreciate you being here. wish you continued success. all the best to you, do an that. >> thank you. adam: a popular snack part of nationwide recall. melissa: uh-oh. adam: a big uh-oh. what you need to know next. of the ♪

>> all right, the maker of ritz crackers announcing a voluntary recall for 16 of its products based on a potential risk of salmonella, that's not good. adam: nope, including cheese cracker sandwiches. so far no illnesses reported. that is good, no ills reported yet. -- illnesses reported yet. melissa: don't know how we're going to chat about this.

that does it for us, i guess we have to chat for a few more minutes, until we get to e. mac, what? adam: crackers, they cost a fortune. melissa: "the evening edit" start the right now. >> the president has been very, very clear, again since day one, what his objectives are, and he's certainly not going to tolerate the leader of iran making threats against americans, making threats against this country, making threats against israel. this is a president who is going to stand up and make sure he is doing what is necessary. elizabeth: a fiery tweet storm from president trump last night warning iran that threats against the u.s. will lead to dire consequences. we'll bring you the latest and show you what's really going on inside that theocratic regime. we're going to ask a former top trump official this: there was a north korea summit, a russia summit, so will there be an iran summit? that's coming up. also this, a