towards being positive because we're now up 84 points. we've come to the end of canada's foreign minister presentation there, and it's holding up. in fact, it is rising now 87 points up. what a day. neil, stuart: what a day, neil, it's yours. neil: they have been talking about this for months. they haven't. she had to interrupt her trip from europe to hurry back here or the train will leave without them. i don't know what french is shall we call cheap suit, that's what's going on. stuart: you think? i don't know, neil. she was trying to hold up her end, we are still negotiating, it's intense. we will talk again. she has to say that. neil: there's got to be either a better restaurant or better offer. i don't know. [laughter] neil: thanks, guys. you're exactly right. fascinating as you said, stuart,

we are on top of it here, this could be a case of either get on this train now canada or you're going to miss it, canadian prime minister ran back, tells you all you need to know about the pressure canada is under to get on board with this, we offered them alternative, get on board with this deal or start putting tariffs on cars from your country, it was that blunt and that clear and that consistent and right now it is that much of a worry before if canadian foreign minister to come to the united states, try to cobble together something presumably before this weekend so they can meet a variety of timelines here but the end result is that that canada would like to get this done sooner rather than later and sooner could be within the next 48 hours so the wall street journal james freeman, that was

my quick impression, but i could be very wrong. what do you make of it? >> well, i might argue a little bit with your cheap suit theory of negotiation. neil: slightly more expensive suit. [laughter] >> you know, clearly the canadians are now under more pressure but to do a deal but it's not just from president trump but people in canada, 75% of their exports are bought by the united states, a lot of -- she mentioned union workers in their auto industry who like these changes and i would say you're entirely correct about her being absent for a few months but prior to those few months some of the changes here were suggested and supported by canada, so i think there's a lot of -- a lot of reasons for them to do a deal and i think she's giving us quite a head fake if we are not going to get a deal fairly soon. neil: i suspect we will at the end of the week, heather, if we

have makings of a new nafta deal, then the question becomes not so much what these two countries, canada and méxico, make of it but whether it would pass muster and get passage in congress and in this country, what do you think? >> yeah, i think this is very positive for the u.s. and ultimately we have to remember the end, congress has constitutional authority over to approve this trade deal or not, i think it's positive for the markets as well but i don't think beijing will care, yes, it's a good thing that we are renegotiating nafta with méxico and canada, not just targeting a bilateral agreement with méxico and canada individually, but china at the end of the day, you know, i don't think beijing will care because they have to safe face to their constituents and if it's not in the best interest to agree with a deal with the u.s., then i think we are going to have to push back even harder with china.

i don't think -- neil: well, china might feel more isolated, if you think about it, i don't know the details, i know your newspaper has criticized that it might be actually worse than nafta its replacing. leaving that aside, if you think about it the administration has cobbled a deal with south koreans, maybe more like a vanilla-type deal but it's a deal, one that talks more promises and goals with the europeans than actual hard agreement but talks nonetheless look promising on that trade front. so you could argue here china, you're the odd man, odd country out and it might be compelled to do something, what do you think? >> yeah, i think the punish will increase on china and as you suggest, i'm not saying that this new nafta is wonderful, i think it's not as bad as it could have been, some good things on intellectual property but basically more sand in the gears for trade and for creating automobiles among other

products, but i think if you now have canada and the united states and méxico with a new deal, if you have europe on its way to being resolved in its disputes with the trump administration, i agree with heather, the chinese will operate on a different timeline because after all it's not a democracy unlike canada and the u.s., they don't have applications within the next year, u.s. within months, but if it's the whole world against china and the -- >> yeah. >> it's intellectual property theft which is real, which is not a cooked up national security argument like we've seen with some of the trump tariffs here in the u.s., i think it becomes very difficult over the long term for china to resist changes terms of trade. >> i do agree with that if we can all come together and work with allies the european union and japan and south korea, australia and through the wto, perhaps, or the world trade organization, threat on the possibly expel china from the wto, that may be a better

approach than tariffs to getting at the heart of the issue addressing the theft of intellectual property and opening up their -- opening up more free and fair markets to us here in the u.s., so i think if we approach it with our allies, i think we do stand a better shot of méxico and canada are going to help target a new china deal with us, that would be a great thing. neil: i want to bring up phil flynn, one of the things that's always interesting, a good way as proxy on sentiment and investment community, they never seem to be worried that a trade war would actually ensue, that is my quick read of it, the deal does the same ultimately prevail and things will be all right, that might be more now today, might be reflected in a lot of activity today, what do you think? >> i agree, you know, we've seen them in the stock market for sure we have seen a lot of turmoil and fear in a lot of the

commodity markets whether it be the grain markets or the oil markets or the natural gas markets which, of course, méxico is big imporlter of, canada is a big player in energy, so we have seen that nervousen -- nervous ness, we talk about tariff but the only reason we got méxico to the table, the only reason canada got back to the table is because of tough line of president trump, we can all talk about talking with trade partners, get everybody together, china you have been very, very bad but nothing ever gets done and i think what we are finding right now is that sometimes the united states does have to take the lead and say, we are not going to take it anymore, we would rather forego tariffs altogether but if everybody is going to be using unfair trade practices, we have to bring it to the table, listen, i think the market overall is suggesting that

president trump is winning this trade war, we are seeing it in the stock market, but i also think he's winning it on main street because i think the average american are starting to realize, hey, their job prospects are better, things are getting, you know, confidence is rising, and they do see hope that their jobs are going unlike what it was a few years ago when all they saw was jobs going overseas. neil: james if he's right about that and this is a reflection of the market convinced that maybe down the road a deal with china can be scored and all the trade wars ease, then what? >> if you take threats, fears off the table, it's an economy that's humming and one of the reasons i hope the president abandons the fighting with our allies over trade is that i think he's largely solved the competitiveness problem with the u.s. economy through the tax cuts and the deregulation agenda

which is still rolling forward, so i think very hard to see clouds on the economic horizon but, of course, you never know, trade is i think the big fear underlying the markets right now. neil: all right, heather, assuming that we get something on the nafta front or whatever we will call this now, then what? >> well, i think that it's obviously positive for the markets, if you look back just this year, the markets have actually sold off more on inflation fears, fears of the fed raising rates than, yes, having protectionist stance is somewhat worrisome for the markets and is cause for anxiety, but overall, i think rising interest rates, inflation and the fed will be a bigger headwind especially given that canada and the u.s. are in productive talks and perhaps will reach a deal by friday on renegotiating nafta among the three countries. neil: phil, if you buy the argument that a trade deal reflects an economic environment

which people obviously trade more, do business more, the economies everywhere pick up more, i would imagine the things that you follow closely, they go up as well? >> they do. that's not always a bad thing. you know, everybody talks about inflation like it's the end of the world. you know, sometimes inflation is a reflection of growing economy, you know, and i don't think what anybody says, inflation at historically low level. i know there are fears by the fed if we get in trade war, cost to consumer, goods will start going up. we are some evidence of that already, but at the end of the day, i go back to what the consumers are saying, you know, they don't like the higher prices but they are starting to make better money, they have better job prospects, so actually a little bit of inflation, i mean, that's what we were praying for, you know, a couple of years back. >> yeah, the fed did target and does target 2% inflation. we are running around that rate but the threat of tariffs also

increasing prices with unemployment near astronomical lows, historical lows as well as gdp. we had press this morning over 4% for the quarter, i'm thinking about 3% this year we will hit on annualized basis, on gdp and those things, i guess, the fear is you couple that with yield curve and oh, my gosh will inflation get ahead of us and the fed can't stop it. we target inflation in terms of investors 2% for years, for years we prayed for signs of inflation. neil: people will see inflation. >> me too. [laughter] neil: we will watch it closely, for those just tuned in, dow 90 points, indication that canada is ready to sign onto a deal, the foreign minister didn't say so in as many words but did hint that, rushed back from europe once méxico and the united states signed onto their own

deal. canada could be part of it and would work very hard in the next couple of days to make sure it can be part of it. the market was reading that as canada is on board and the economy remains on fire. more after this. ♪ as moms, we send our kids out into the world, full of hope. and we don't want something like meningitis b

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neil: a third of the country that's experiencing really scorching temperatures right now. l canceling classes where they have resumed, thousands are losing power or having to compromise, deidre. >> the east coast is experiencing huge heat wave, you already talked about school closings so a lot of them particularly in new england, massachusetts, connecticut, especially if these schools don't have air-conditioning they are planning to dismiss students early, definitely no after school sports and major cities along the east coast have heat warning advisories on, young children, elderly, people with chronic health conditions really encourage to stay indoors, buy -- by the air-conditioning, drink a lot of water, the same, of course, goes to protecting people's pets as well. this seems to be double whammy,

neil, temperatures in new york definitely in the mid-90's but with the southern-moving air there's humidity added on top and most meteorologist say it makes it feel that we are well into triple digits, so just be safe, stay by your ac if it's possible. in the meantime if we wrap up august and look into september, most active month if you go back to 1851 as far as hurricanes go in the atlantic, september gets the gold medal as far as the most storms, there are two right now, neil, that experts are watching, one is coming off the west coast of africa and there's also one that's brewing i would say simmering, doesn't seem to cause great worry at the moment but that may head towards the bahamas later this week. last year, of course, as we all remember it was actually the most active september on record as far as hurricanes went, we had those two huge storms category 5, irma and maria and

then, of course, we had the category 4 storm hurricane josé, so many people obviously hoping that this september does not repeat last year, neil, back to you. neil: yeah, let's hope not. thank you very, very much. the political world big showdown in florida, florida's governor race ron desantis backed by donald trump out of the blue and you have a bernie sanders-backed candidate andrew gullim, both winning primaries an this is sort of like the battle royale, tom, what do you think? >> well, yeah, certainly one to have key races in the country in terms governors races, graham was supposed to win the race, ahead on all the polls, but large number of 25% of undecided and a lot of the folks broke for gillum, racked up votes in dade

and broward, minority voters, african american voters and provedded to be the reason. bernie-back, soros, full on medicare for all, abolish ice, raise corporate income tax in the state of florida versus the trump-backed ron desantis who just a couple of months was trading and with trump's support and strong debate performance he turned the race around and won it going away. neil: you mentioned the president, he had had role directly indirectly of backing 37 individuals leading up to at this point in the midterms, 34 of them have gone onto win, capture nomination or put their opponents aside in general, that's a pretty good batting average and one that republicans will no doubt be tempted to utilize this fall, but it could work both ways, controversy could develop and potentially hurt you, how is it going to play out?

>> don't know. you're right, certainly trump has been able to move the needle in significant way in the republican primaries, he's had a more mixed results in the special elections, remember, he went to campaign for up in pennsylvania 18, alabama special senate race, so not as much success and so it's certainly going to work to republican's advantage in some places around the country a little bit less in others, interesting to see, trump said just today he will be -- kelly an conway said today that he will be on the road 40 out of the next 70 days campaigning for republican candidates. he will give it his best college try and we will see if that's able to motivate some of -- we know trump voters will turn out for trump-backed candidates in primaries but whether he can turn out in general election is a different story, we will see. neil: you know we had progress in the trade front today, reports in the times that you heard that canadians are in town and moving fast to get on board the méxico-u.s. deal. so let me just give you a hypothetical, if we are able to score deal with the canadians

after having watered-down deal, a deal nonetheless, chinese really cornered now and have to do something or concede something, it could be going to the@pes way, would that remove one last wrinkle and concern for voters, particularly republicans who have been leery that this has been backfiring on them in. >> sure, that's one of the concerns the republicans had. the tariff and trade war was going to pinch republican voters, trump-backers, farm nester the midwest and other places and with their crops coming due, all that this could really hurt at the polls in november. i think this move will help that, it might also help among independents, over 4% economic growth and that could move independents in republicans' direction. democrats will turn out. the question is whether republicans will turn out and

which way independents might swing in the end. good economic news will benefit the republicans and the president in short term. neil: what happened, let's go back to florida the tallahassee mayor who came out of nowhere, trailing substantially in the polls, to your point a quarter of those polls hadn't made up in their mind, something swung in his favor and i'm wondering it's akin to what's happening in other races in new york with cortez and -- what is going on here and is that where the passion of the party lies? >> absolutely, i mean, the passion, the energy and enthusiasm is with the sort of progressive-left-wing base and we have seen that manifest itself. you mentioned alexandria ocasio-cortez in other places and in congressional districts, not in state as big as diverse as florida and he racked up the votes in the southern part of florida, that's where the battleground will be certainly for democrats turning out votes, i would also make one point, neil, i think this really helps

rick scott in key senate race against nelson because you now have ron desantis, he's a trump-backed candidate. he will turn out republican voters, if it had been adam putnam, they could have depressed the vote for rick scott, rick scott is in better position now than he was last night and that could be -- he's running very well against bill nelson right now if republicans can flip that seat, that complicates chances of winning back senate majority. neil: what's your latest call on that, the senate will be tough, the house, gringrich with me yesterday talking about forget about democrats taking the house, republicans are going to add to their numbers there, so that's another extreme deal, what do you think? >> right now i mean we don't have a lot of polling data in some of the races, indiana in particular, but right now if you took where -- you took where the polls stand right now and allocated them and some of the races, neil, are coin tosses, canned daitsz ahead by 1%, no

change in senate, you would have democrats hold off in red states and republicans win a couple of the red states and there would be in change as of today but obviously a lot of race still to run. neil: we will watch closely, thank you very much. tom, in the meantime, getting ready for what will be a 4-day good-bye for one senator john mccain and it begins in phoenix after this ♪

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to request your free quote. that's. or go to. neil: it begins today, you are looking live in phoenix arizona, this will start in-state capital remembrance of the senator who passed away last weekend and will continue tomorrow at memorial service in phoenix as well, go on friday to services where his body will lie and stay in the united states capitol, saturday at cathedral to honor life and times, bipartisan events that would include

eulogies from barack obama and george w. bush and burial in indianapolis on sunday. executive director for international leadership ambassador kirk on why this is important and why he's an important gentleman to remember, that's probably understatement, sir, thank you for taking the time. >> my pleasure, it's great to be here, it's a sad occasion but as you point out it's a huge event for the country and it means a lot from so many different perspectives. neil: we usually do this for former presidents, rarely for senators or anyone else for that matter, but he's just not and wasn't just any other senator, was he? >> not at all. he is the greatest president we never had is the way i would think of it. he was respected universally around the world, whether it is people who were fighting for freedom or democracy or allies

he had touched so many people's lives in so many ways and combined a strong commitment to u.s. national security and global security with passionate commitment for freedom and democracy and human rights and domestically he was interested in working across the aisle based on the issues, he wanted to get things done so i had a long record of bipartisan work as well as strong record of being republican, he really put together a lot of things that we really don't see anywhere else, we don't see leaders like him right now. neil: the only thing that worries, ambassador, in these moments where we should pay respects and think fondly, it tends to be short-lived and we go back to never conceding anything to the other side selfs and that's what worries me, you can believe all you want passionately about my way or the highway, if you don't get the stuff out of inbox it sits in

the inbox with nothing getting done, right? >> i think you're absolutely right. this is a vibrant democracy and people will fight over things, we can come together around key principles in a leader like senator mccain, but will go back to infighting, that being said, there are two things that i would point to as part of legacy that will make a difference going forward, one is he has mentored a younger generation of senators over the years, first term, second term, senators on both sides of the aisle, taking them to trips around the world, security conferences, people like dan sullivan from alaska or joe eranss and it's a committed group of senator that is care about some of the same value that is senator mccain cared for and that's one thing of optimism going forward, the other is in the past few years especially

we've seen most of the country come together on foreign policy in a way that had not been true really since the end of the cold war, whether it's concerning russia or china or iran nuclear weapons, terrorism, there's been a renewed consensus about american leadership cautiously leadership, around core values and core interests. neil: you knew him far better than i, but in all the years that i interviewed senator mccain, goes back decades, one thing that's consistent was his huge concern, worry and angst over russia. i remember him strongly agreeing with mitt romney when mitt romney said russia was our biggest threat and president obama dismissed it, said the same, consistent through the trump administration that we were minimizing that threat and we better be careful, said the

same to president bush when i said i looked into the eyes of vladimir putin, you remember that, it was always big worry down to go into his grave and his fear was that we were taking this guy lightly an dismissing this country's encroachments even today with talk that russia and china are planning joint military exercises. i think that was john mccain screaming from the grave. >> yeah, well, he saw it from the very beginning and the reason he saw it was because he understood that authoritarianism at home leads to aggression abroad and especially -- neil: very well put. >> he saw where vladimir putin was heading and later invaded georgia and later ukraine was not surprise to senator mccain. neil: i'm curious ambassador, what do you think a president mccain would have done russian invasion of crimea?

>> first off, he was running in 2008 -- neil: right. >> that was just after russian invasion of georgia, had he been elected you would have seen substantial increase in u.s. economic military political support for georgia and very high cost to russia economically sanctions and so forth and that would that would have deterred russia from further aggression. had he been president in 2014, having already seen what would happen in georgia, i think they would've seen military support to the ukraine and right after the try to take crimea. that didn't happen and now we have a conflict that much harder to deal with. >> it's been an honor to be here. >> president trump is warning big tech, showing too much

bias to the other side, even going after google thing searches are pitted against conservative and more to the point of the administration. is government the answer? if it is, what does it do? after this. pah! that will never work. no, no, no, nah. a bulb of light?!? aha ha ha! a flying machine? impossible! a personal' computer?! ha! smart neighborhoods running on a microgrid. a stadium powered with solar. a hospital that doesn't lose power. amazing. i like it. never gonna happen.

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all right, it's one thing to spy on your searches, but to start scanning your e-mails, yahoo admits it does that to sell users personal data to advertisers and it generally concerns people who are worried about their privacy being compromised in more ways than they used to think. lauren has the details. >> you will see a lot of restaurant reservations if you look at my e-mail. if you want to target me with food, that's a okay. this is a serious story for the wall street journal is doing the heavy lifting, reporting the company owner said they are scanning through

e-mail, looking through data on you they can sell to advertisers. yahoo and aol are doing it to make money which makes the cost for free service your data and it's totally legal. to make our ads more relevant and useful for you, oath generates categories derived from your interactions with both services to make your experience more personalized we may select advertising that are likely to match these categories. neil, you can opt out of this, honestly, but the decision to mind for data is curious. their rivals, google, with gmail, microsoft, apple, they do not scan e-mail for add purposes. number two, yahoo recently exposed the data of 3 billion users in that major breach. this is very curious that the company is doing this, and most people that i talk about seo, do people still use yahoo e-mail address. there also reporting that

yahoo and aol are only doing this for commercial e-mail so businesses and retailers so they can create this personal profile of you and that way better target you. we don't have any assurances that the not going to look at your health information, your financial data, they say they're not but if you're using an algorithm or human, or both to go through e-mail, how do you know, how do you know it's safe. >> now we know. lauren, thank you very much. what's also weird is the president's assault on google and some of these other social media companies who he said are rigged against conservative administration had one you use them, what you'll come up with, liz harrington has what he is proposing to do to correct that. therein lies the rub.

what would anyone do to police this are correct this if it is in fact a problem. >> it's very vague right now. we had larry kudlow saying this is something we might potentially look into which is kind of akin to when trump goes off on the libel laws and issues like that. uses a lot of grandiose rhetoric to go after negative coverage of him, but in the end doesn't really do much. i do think it's important for him to point out how biased it is. google doesn't have to change its algorithm to make coverage bad for trump. we know that 90% of the new stories are negative against trump. this is clearly something that can be fixed anyway because the media is so biased against him. google, facebook, twitter, they all have a history of being very bias against conservatives and it is an issue, i just don't think the government is the best correction going forward.

>> he may have no intention to using the government to correct this, but just put it out there and maybe have market forces correct and address it. whether you're from the right or left, it is fair to say in the mainstream media there's a bias that tilts left an extensive social media the way it is. whether that's a construct that prevents conservative discussion, we can debate that till the cows can count. if the president succeeds in putting it out there that the sites have to be much more vigilant, then it's a victory in the government need not be involved. >> putting it up to public scrutiny, the hearings are fine idea, you'll have several common next week, they should be held to account on what they're doing because they have an incredible amount of power. >> and to your point, he admitted it, he said i have a

left leading bias, i try not to let it interfere with what i do on twitter, but at least he comes out and says guilty as charged. >> he tweets out he is in favor of a one party rule saying california, that's the way to g go, but if i can make a point about google, they do have a point about doing this before the height of the 2016 campaign. when you start searching in hillary clinton's name, the auto fill were incredibly favorable to hillary and they suppress negative search terms associated with her. one of the top searches for being in june 2016 was hillary clinton indictment because we weren't sure if the fbi would indict. now we know that was never gonna happen, but google wouldn't even show up. they completely suppressed the search term. they have a history of messing with their algorithm to favor the left.

they argue that it happens more on the right than the left and whether the government is there to change those algorithms, that could be a slippery slope. >> i don't trust that. >> it's always fun having you. i want to take you right now to what happening in phoenix, arizona. this is the beginning of the longer by, senator john mccain is expected tha -- to be honored there. there will be a special procession of the washington national cathedral and finally burial at the naval academy on sunday. it begins in arizona as the nation prepares to say goodbye to a hero.

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all right, the sad and long to buy begins formally right now. you're looking live at phoenix, arizona where the body of john mccain is being taken to the state capital in phoenix. it will be the first four-day funeral services. there will be a memorial service tomorrow in phoenix

and to the u.s. capitol on friday where his body will lie in the united states capital, something not often done and on saturday the procession passed the vietnam memorial and the cathedral and burial next to one of his good buddies from the vietnam war, the u.s. naval academy in annapolis on sunday. it all begins now to remember a time and a guy who just thought this country was great and he wasn't, this country seems to feel slightly differently. not about the country not being great abou but about him not being great. david stockman was warning us of present-day bills. >> where is the most profound bubble to you. >> i think the most profound bubble is in nasdaq at 8000. people said last time in the year 2000 when the nasdaq went

march 27, 2000, don't worry, with 13% above the 50 day moving averages, all the charts are great, 13 days later it was down to 3200. >> all right, we want to balance that out. we tried to every show get a bowl and a bear, someone who's optimistic, someone who's not. they simply don't buy what he was saying. with the bolt market will last another six or seven or eight years. he joined the snapper jeff, you think in this case the former budget director is wrong? >> i think he's smarter than me, but we recall september 1999, we were bearish until june and then on march 2 we were on chosen we think the market bottoms this week and we been running with the bold ever since. >> so when he says this is

getting crazy now, one of the quickest jumps from 7,008,000, it has the 2000 feel to it, you say what? >> it doesn't have a 2000 feel to it. valuations are not as high as they were in 2000 and there aren't many of us around that have seen secular bull market, 1949 to 1966 and 1982 until 2000. they tend to last 14 years o we are a years into this and there's no reason it couldn't last another six or seven years unless we get unexpected news or event. >> even in that case, even that response can be short-lived. >> look at the 87 crash but it was short, 22% but it didn't stop the secular bull market. it is extended into march of 2000. >> let's keep this going.

>> earnings continue to come in better than people expect for the economy continues to be strong. you saw the revision to the gdp number but the real number is the final sales because it excludes inventories and net exports. it was up 5.1%. >> there are a lot of bears will come on the show who say well, it's always in the midst of a rally that people forget it showing some strain, i guess the latex example might be these numbers out of tiffany that people are buying like crazy, unaware that the economy is hiccuping or there could be problems or interest rates are rising, that this is a very real threat beneath the surface that we are not appreciating. what you say. >> i say our earnings are coming in stronger than expected. interest rates are rising at such a rate that i don't it will be impacting to the

housing market or stock market. might be to the bond market. in my opinion, i think people are not just cautious here they are bearish. that's not the way old markets and. there is a high amount in the last rally before the storm and the bear, the valuations were extremely rich then. some say they're a little richer than historical average but not obscenely so now. are you in that camp? >> i am in that camp and i think what a lot of people are missing is the shift from tangible assets to intangible assets which can be put on the balance sheet, but by definition should carry higher than normal valuation level. >> if we get a trade deal, if the canadians hop on board, we have one in the making, were told, with the europeans but

details are scant. does that remove one of the fundamental wrinkles or what? >> i think that's exactly what will happen pretty think things will work out with china eventually, china is in an economic slowdown. there down double digits, they have to prop up the banks because they made loans to pakistan and others to build cords and infrastructure and they can pay back the interest let alone the loans further having to stop the projects and appeal to imf for bailout. china's between iraq and a hard place anything they will blink. >> speaking of someone blinking, did the canadian prime minister do that in wanting to scramble to make sure a deal is in place on part of the canadians by friday to avoid u.s. tariffs? i don't know what the french word is for blinking.

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neil: you are looking live right now in phoenix, arizona. this is right outside of the state capitol there where the body of john mccain will be lying in state. this is a chance for arizonians to pay their respects. the senator represented them for better than six terms.

it is the first of four-days of funeral services. cindy mccain providing over this. it has been a very, very tough time. that is an understatement for her as she prepares and has helped her husband plan every last detail that will end on sunday with her husband's burial at the u.s. naval academy at annapolis. not at arlington. we should point out he will not be near his father and grandfather there, instead near a buddy of his from vietnam from the naval academy in annapolis. this is obviously a wrenching moment for the whole mccain family. though they knew this day was coming and the tortuous of this brain cancer that had engulfed the senator but his class and dignity throughout and families

dignity. celebration of her husband's life. let's get the read on that with john layfield and brian wesbury before we move on to other economic matters. if you think about it, john layfield, this was a guy who lived american story like to say. he graduated near the bottom of the class. he used to joke with husband, i can't believe there were five people that had worse grades than i did. he made much of that, joked a lot about that but obviously made a significant difference in this country. >> he made a significant difference in this country. when he was held captive, his fellow prisoners would talk about how john mccain would get roughed up, go back by, cuffed or tied up, he would give them the thumb's up to encourage them. mesh has so few heroes. i think john mccain was one of those. whether you agreed with him or

disagreed with him, he did what he thought was best for the country when he was a senator and that is all you can ask from politicians. neil: brian, i know you follow banks, stocks, everything else, you know, neil, we have a lot of problems with capitalism, a lot of problems in this country, a lot of abuses from politicians and titans but i hadn't found a better system anywhere else. >> right. neil: that made him proud, whatever our problems we were still the best game in town? >> yeah, exactly. if you think about it, he took goldwater's seat. that capitalist, capitalism supporting streak, he carried it with him and that was good. the one thing i remember, and don't mean to be a downer about this, but remember when he canceled his presidential campaign over the financial crisis. neil: right. >> that was a big turning point in that campaign. i kind of wish he wouldn't have

done that because there were things that america could have done instead of use government to try and fix everything, and, and yet, he kind of, unfortunately he kind of made it appear like government had to save the world when in reality, government in my opinion was one of the big reasons we had that crisis. neil: interesting to look at that, john, to brian's point, i do remember at the time, we since learned in a number of books that have been written on the meltdown, there he was the republican nominee in the middle of all of that, he was against the tarp rescue, he was against the bank rescue. that he thought it was government gone amok but he was being pressured to go along with it. the markets were pressuring him. you could make the argument president bush was pressuring him, secretary paulson, we have to do this, grudgingly went along what he thought at the time was good for the country

but in his gut he didn't like it. >> that is why you love him so much as a maverick. he voted against the health care bill president talked about many times. that what he believed. when you elect a senator to represent the state, you want him to go with the beliefs. bank bailout i admire going along with patriotism what he thought was right for the country even though he personally disagreed with the tarp bailout. neil: brian, to your point, he was rag mat tick as well. -- pragmatic. whether the thumb's down famous vote president trump alluded to on the republican rework of health care, he was a no vote on every health care legislation, every single one. he was consistent in that regard. he did mostly vote republican. he mostly voted for tax cuts. not all of them i should stress. not george bush's first wave of them. by and large he was a reliable republican vote. >> yeah. neil: he could surprise you. >> yeah, he could.

arizona is a pretty, pretty republican state and he got reelected six times which means he made a lot of republicans happy. not everything he did made them happy, but by and large you're absolutely right, he supported that capitalist, free market, less government agenda admire him for his heroism and patriotism. not many people get laid in state and he deserves it. it's, i hope it helps his family deal with his loss, the loss. neil: you're looking at you're speaking, there, my friend, cindy mccain. this will be a tough remaining few days for her, shepherding this process through, she and her husband went through meticulously these plans, these arrangements to make sure they were to his liking. he didn't want to be lionized in

death. john mccain remembered as a guy who tried to do the right thing. didn't always get it done in the way he should but he tried. he was a patriot. meghan mccain, his daughter, other family members will be there throughout this process. john layfield, as we watch this, the idea of a maverick, someone reaches across the other side, probably ends up ticking off boeing sides. i will not get everything i want. you will to the get everything you want. john mccain, we have a big ol' national inbox here, we might as well get something done? >> that's right. john mccain, you talk about john mccain, where he is being buried at the naval academy instead of national cemetery in arlington. shows humanity, he was regular guy. he tried to clean up boxing

in'80s. i wish he had a better chance. if he had more help he could have done it. neil: i dip into the words from the minister and then we'll go to break. in fact we'll go to break now. more after this.

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neil: welcome back. the dow up about 89 points right now. a lot has to do with optimism on the trade front. signs that canada, could be coming along and fast on this trade deal that we scored just two days ago with the mexicans. the read on all of this with edward lawrence in washington. hey, edward. >> hey, neil. a big surprise, minister of the, canadian minister of foreign affairs coming out saying she is optimistic we could have a deal by friday. now getting to prime minister justin trudeau, just as he believes there is a possibility that they could get there by friday, although he did add, any deal they sign would be a good deal for canada. late last night, early this morning, canadians going over the agreement that u.s. made with mexico. this is how the canadian minister described what is happening right now. >> we had reached a high level agreement with the u.s. in the spring and, we are encouraged by the progress that they made with

mexico this summer. mexico has made significant concessions which will be really good for canadian workers. on that basis, we are optimistic about having very good, productive conversations this week. reporter: okay. mexico, freeland. did meet with the minister of finance. we're being escorted the off the property. he won't let us dot live shot on the stairs of the excuse me for that. jared kushner joined the talks as he did with the end of the mexican delegation, right before the deal was made with the u.s. canada is very concerned about the so-called chapter 19 clause. that is the clause where it is a resolution dispute area, something that the canadians used a lot under this agreement. still the canadian minister struck a conciliatory tone when it talks about autos.

>> we are encouraged by the progress that the u.s. and mexico made on some of the key bilateral issues. obviously, as people have been following this know, rules of origin incurs a incredibly complicated issue. reporter: and president donald trump has given a deadline until friday in order to come up with this deal. that is when the u.s. trade representative will send a letter to congress explaining there is a 90-day review period for congress. after that review period, congress can ratify this agreement. back to you, neil. neil: thank you very, very much. i want to correct myself, the mexican trade deal was announced yesterday. it feels like two days ago. i apologize for that. go to market watcher keith fitz-gerald on this the markets especially trade sensitive issues that dominate the dow, likes of boeing, caterpillar, are up smartly on all of this.

technology is having a nice run. nasdaq 100 is in record territory. not a shocker there, but keith what do you make of the reaction to all of this? obviously it puts away potential uncertainty of a trade war and worse, right? >> that is the key word, neil, it does away with uncertainty. the ceos that do will create profits that these agreements facilitate. neil: if you get the possibility of scoring a trade deal down the road or pushing one forward with china, then what. >> well i think particularly in china comes to the table, i think they will, cooler head will prevail, that is a sharp up take on the markets. that will catch a lot of people by surprise. they spent so much time and energy past few months preparing for the downside. a, that really hasn't happened. b, stocks are forward-looking

mechanism. we need to think about profits, rather than cost of these agreements. neil: morgan stanley raised its price target for amazon to $2500 a share from 1850, higher than 40 some odd firms that follow the company separately. tiffany is on fire. affluent are still shopping. morgan stanley says in the case of amazon, it is a sign that everybody is shopping. so the consumer is busy frenetic activity there, do you see that continuing? >> i do. i think it's going to slow down a little bit. i'm looking for q3, q4 to back off a little bit but by and large the cost of capital is still cheap. we have great job numbers and great consumer confidence and money is on the move. that says to me things may take a little bit of a speed bump. still growth is what you want to be focused on, neil. neil: what worries you the most on invests looking forward? let's take trade out of there potentially. i don't want to get ahead of myself. what worries you? >> you know there's not a lot of

that worries me if i'm doing my job correctly. there is always headline risk but i worry about analysts get it wrong. for example they misunderstand the investment cycle that goes with a company like caterpillar or boeing. we know that some of the short-term earnings focus makes stocks move adversely. we also know that means ceo's move the numbers. they don't invest. they hold back on employee races. they hold back on hiring, all to make the short-term focus possible. jamie dimon and warren buffett chimed in earlier this year why quarterly reporting is a bad idea. i think we need to move that aside. that is kind of stuff that jams numbers and jams millions of investors. neil: keith fitz-gerald, good to see you my friend. >> thanks, neil. neil: trade related issues are doing just fine. a lot spurred on by talks that the canadians will try to wrap this up on their own by friday. that is a deadline day, submitted entire package to congress. that makes sure within 90 days,

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♪ neil: all right. ron desantis won the republican side for the gubernatorial battle in the republican primary there in florida. this guy though, what happened on the democratic side was not expected to happen. andrew gillum, the democratic mayor of tallahassee won. bernie sanders was backing him. a lot of people interpreted that, that bernie sanders has some juice. this guy was able to capitalize on that juice, did a fine job in his own right. but it has certainly set up a classic battle in florida right now. one that will be closely watched pretty much across the country, to "wall street journal" editorial board member, kim strassel. kim, at face value, would look, passion, something saw in cortez in new york, played out again in florida, a big bernie sanders-backed candidate, what

are we to make of that? >> you know, neil, when i look out i think more notable how little juice bernie sanders attributed to midterm cycle despite all the headlines in florida. he has been crisscrossing the country for about a year, michigan, kansas, virginia, and iowa, endorsing candidates. they all flamed out. so he has a victory down here in florida. but, notable too was that gillum in the end very narrowly eked out this victory. it was not a resounding one. and you know, in a turnout that everybody was closely watching republican turnout was greater than democratic turnout. so the question is, is this just internal democratic politics where on of the democrats down there not happy with the more mainstream candidate? how do gillum's views play out in a general election which could be a lot harder to sell medicare for all or $15 an hour minimum wage.

neil: he might be the more beatable candidate you're saying in the general election in november? >> well, look at what happened by contrast in arizona where you also had democratic primary, synema was centrist in the race. she was running against a self-procamed socialist. she won decisively. what you're seeing in florida, is not necessarily seeing anywhere else or everywhere in the country. it seems to be an out liar. mr. desantis, well-spoken, a lot of backing, a lot of people supporting him, the democrats may have set themselves up for harder battle by choosing andrew gillum in florida. neil: sanders is may be a well spoken candidate but in a hot because of interview, where he made some are interpreting to be racial remark. last thing we need to do is monkey this up embracing a

socialist agenda. some people know what he meant t was quickly seized on as a racial shot. i don't know how that all sorts out. but a bit of stumbling out the gate. is that going to cost him? >> well, it could but we know how quickly these issues move, they get pushed aside. no doubt his opponents will seize on that. it may come up in a campaign ad. one thing desantis has going for him, florida economy has been humming along. he is going to very much make that race about this. point out that that economic gains came from his predecessor rick scott. another republican, and that the risk here of putting an andrew gillum in office you reverse it. that is what he will try to make this race about. his challenge will be to make sure he doesn't mess that message up by missteps that are unforced errors. neil: if you were to desantis, would you be using donald trump a lot in this state?

his blessing and his support changed what had been a 20-point in the polls, a little more than a few weeks ago into an easy victory last night? >> yeah. look i think every republican has a job this fall and that is, if they want to have victories, it doesn't necessarily translate good for you if you outright ostracize the president and alienate his voters. president trump has high approval ratings among republicans right now, but what you need to be doing, not only securing that base, making them happy, but then move on and see to the extent that you can court the moderates and independents that often so crucial in these races. desantis is well-placed to do something like that. he not only has trump's backing, so that is secure. he hasn't done anything to upset the president. so he is not getting attacked. but he also has room to run and court those other voters. neil: all right, kim, great

chatting again. thank you. >> thank you. neil: meanwhile, you have been keeping abreast going on what is going on in venezuela. the country is imploding. price of everything, milk, eggs, food staples, doubling on daily basis so it is out of control. better than a million fled the country to colombia. another million 1/2 anywhere else in the region. already the president of brazil said it has after effected entire continent. what happens now, democrat, communications consultant who says that the rise socialism is what ultimately is the big concern. what do you mean by that jim? >> hey, neil. how are you? neil: very good. >> i think what is disconcerting that we're seeing in these new polls that have been coming out growing popularity for democratic socialism and for socialism as a whole. i think most people are disinformed what those words even mean. i took it upon myself to research them for about, i been

spending months studying this, but really spent the last month studying what democratic socialism is. i spoke to a team of norwegian economists to kind of better understand what kind of system do they have in their country. and what's clear to me what groups like the democratic socialists of america are proposing are completely fringe economic ideas even by northern european standards. i think this is massive scam perp petitioned on the american people. americans need to understand democratic socialism is not nordic social democracy, may sound similar but they're fundamentally different. it is important. we'll have an election now. i want my party, i'm a democrat, but it is important for my party no to embrace the fringe elements much our base, that will alienate moderate voters and independents. there is too much on the line. it is important people to understand democratic socialism what it is, and what it is not.

neil: i know you're a democrat, republican ad being made right now, attention america, showing clips from the uprisings and protests in venezuela, when you squander your resources and make promises to everybody because that is essentially what venezuela did and they will use that as an example of socialism and liberalism run amok. is that fair? >> i would say that it's an example of democratic socialism run amok. i want to be clear. the groups like the democratic socialists of america are not your garden-variety progressives. they're not your traditional liberals like fdr or jfk. these are radicals. these are people who believe in seizing the means of production, in eliminating the private ownership of companies and nationalizing industries. that is exactly what happened in venezuela. it is exactly what happened in my family's native cuba. and those are fringe ideas. like i said even by north

european standards. yes, i do believe it is fair to point to venz friends and cuba as examples of democratic socialism in action because their economic policies, while not identical are the things, systems that most closely resemble what their proposals are. i want to be clear, no sure two years ago the democrats socialists america put out a statement defending nicolas maduro regime. now that they're getting more attention, they are starting to retract a lot of statements they put online before. we have google cachet and we have screen shots of them. because they can not fool everyone. it is important for democrats running in these races to completely denounce these people. they are fringe and they are not representative i think of the views of the vast majority of democrats. neil: all right. latin american communications consultant there. venezuela will come up a lot in this election fairly or not.

already ron desantis has been describing his opponent beyond the controversy he made a racial reference, a lot of people are bickering and divided. whether he is a socialist and inclined to make as desantis said, florida another venezuela. it's on. more after this. you wouldn't accept an incomplete job from any one else. why accept it from your allergy pills? flonase sensimist relieves all your worst symptoms, including nasal congestion, which most pills don't. and all from a gentle mist you can barely feel.

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neil: all right. remembrance has begun. it will be four days. this is phoenix, arizona, the capital, those want to say good-byes to the senator for six plus terms are getting a chance to do so as we speak. the body of senator mccain will lie in state through tomorrow. then we move on to the nation's capitol. ultimately the naval a academy in maryland. hillary vaughn in phoenix with the latest. hillary. reporter: neil, touching ceremony wrapped up with senator

mccain surrounded by his family, his friend, also, his fellow lawmakers here from arizona. governor ducey speaking earlier saying people knew two things about arizona when they traveled around the country and overseas. they knew about the grand canyon and they knew about john mccain saying that he was his own national institution here, a fixture of the community. senator kyle saying that, although some people may have disagreed with john mccain on policy, that, no one should diminish him or should recognize, have gratitude for the way he served our country. also senator jeff flake giving a benediction, a prayer while, mccain was surrounded by his family, in the senate, john mccain was like a big brother to him. someone people knew not to mess with, a protector, someone who showed him the ropes. i want to show you earlier, cindy mccain, john mccain's

now widow, wife, her saying good-bye to him. also, his daughter, and rest of his family, saying good-bye to them as well. there is a public viewing, as he lies in state here at the cap tall. people have been standing in line since early this morning. i asked people first in line asking why it was important for them to show up today, to pay their respects. >> senator john mccain to me represented america at its best. when i think of him, i think of the american flag, i think of everything patriotic, what is great about this country. >> i'm here because i do not want his vision to die with him. i know there must be others that have that vision. i believe it is just as important as, by us showing up today, not only to show the world, we'll show our fellow americans, i don't care if you're a trump supporter, biden supporter, who you are.

reporter: now they will keep the capital open all night to morning as long as people are waiting in line to pay their respects to senator mccain. that public viewing begins at 5:00 p.m., neil. neil: thank you very much. president trump, white house counsel is departing, some are surprised the timing of that blake burman at the white house with more. blake? reporter: the plan at white house had been several months, for white house counsel don mcgahn to leave at some point later this year. we've known for several months. what seemingly changed or accelerated public release of this was a report out earlier this morning from the website axe sy -- axios. laid out mcgahn's thinking. later on president trump publicly validated mcgahn's future at the white house by sending out this tweet earlier today. from the president, quote, white house counsel don mcgahn will leave his position in the

fall shortly after the confirmation, hopefully of judge brett kavanaugh to the united states supreme court. i have worked with don for a long time and truly, truly appreciate his service. now mcgahn was back in the news a few weeks ago earlier this month when it was revealed he has been cooperating, had been cooperating with robert mueller, speaking with mueller in the special counsel probe. president trump saying he allowed for that to happen, waived executive privilege. so that mcgahn and those within this administration could be fully transparent. one of the president's former attorneys who left his legal team a few months ago was john dowd, as you know. he was on "fox & friends" earlier this morning. he argued it is that transparency one of the reasons why the president should not sit down with bob mueller. >> there is no reason for the president to answer questions from mueller. mueller has all the answers. we gave him all the answers. i'm afraid, i just lost all

respect for bob because he didn't keep his word. he should have declined this case back in november, at the latest. reporter: so mcgahn will be here weeks and potentially months. timing still tbd but believed his successor is already inside the white house here, that being emmett floyd. he was brought into the operation as advisor or attorney to the president for specific the russia probe earlier this year. that would be a seamless transition moving flood from one part of the president's side over to white house counsel. flood, as you know stranger to advising presidents. one premier case helping guide bill clinton during his impeachment proceedings. neil? neil: blake burman, thank you very much. when it comes to social media they all apparently don't lean left. nearly 100 facebook employees

are challenging the company's left-leaning culture. to campus reform editor lawrence jones. what are they saying, lawrence? what is the latest? >> well, neil, they are saying that there is bias at the company which we all knew so this internal fight, a lot of people signed up for the social media giant were there for the cause. they wanted to build something great for people to interact with and now that the platform has gone away from its values, wants to essentially censor conservatives it has become a problem for a lot of employees. i will say this, neil, a lot of people on my side of the aisle are calling for regulation of a private company. that is not something that i support. at the end of the day if a business wants to crash because they're going to limit viewership and deceive their audience, then they will have to pay the piper then. but i don't think there is a government, you know, job and

responsibility to go in to regulate, no matter how powerful the company may be. neil: lawrence, raises issue what there is 100 plus individuals who feel there is left-leaning bias at the company, what the company can do to correct that. if they're leery of the government stepping in, rightly leery of the government doing that, what do you do? do you change the algorithms? do you change the way you cite material you find offensive or in this case facebook finds offensive? >> i think, and a lot of social media giants are doing this, we just reported on campus reform where twitter is hiring professors to find a way to figure out if the speech is harrassment or if the speech is, poses a danger to people. the deal, neil, there is no algorithm that you can come up with that properly monitor, monitor speech. if there is not violence actually occurring, then people have a right to have that point

of view. it is only up to us as consumers not buy into that message. it is kind of like this whole notion that you can conquer all races. you will never be able to do that but what you can do as a society, say that is not okay. i think the social media giants, because they had this political bias they feel the need to advocate for that political ideology that they share and in the process they're losing viewership and users because half the country sees the world from one point of view, and the other half sees it like they do. neil: but what i wonder about is, let's say it is not deliberate on facebook's part, that it is sort of akin to what jack dorsey is saying at twitter. he has this bias but doesn't try timely meant that or tries to police that at twitter. hasn't always succeeded obviously. if it isn't deliberate why can't

the company acknowledge things individuals are saying and fix itself? >> look, i think jack is one of the view trying to bring both sides together. he met with conservatives. i do think jack is genuine but the problem is the reporting system, neil, when you have viewers reporting every single thing just because they don't like it, not because it poses some danger or is inciting violence, that becomes a problem. so most of these algorithms built around the reporting system and people are going to report what they dislike. the problem is, most of the liberal users are ones always reporting something. conservatives and civil libertarians like myself would most likely say, i don't like something, i will just bypass it. neil: i guess. it is a mess though. they can't seem to get a handle on it. thanks, my friend. always good seeing you. >> thank you, brother.

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neil: president trump has said that if democrats pursue impeachment, you can kiss this market rally good-bye, that stocks would tank. what did you think of that? >> you know i think that the president has much less influence over the economy than is generally publicized by the president himself. i know when i was in office, you know, some bad things happened with the economy. i never did feel that i personally was responsible for it because the economy on taxation and federal reserve on access to money and things like that, and general attitudes in the business community has much more to do with the economy then incumbent president. but whatever the economy goes up the president always wants to take credit for it. whenever the economy goes down the president wants to avoid responsibility. i think it has been that way in our country ever since we

started. neil: jimmy carter is right about that. the economy was not doing well when he was up re-election and voters punished him for it. the economy is doing well now. will voters reward his party for it? second quarter gd revised upward 4.2%. a lot of good news out of corporate earnings front. will that be good news behind their back. hadley, what do you think of that? the president is right, that is president carter to say, sometimes presidents don't control all of this and aren't responsible for all of this, but if we blame him on the bad side, we tend to reward him on the upside. what do you think? >> you to appreciate any modern president who will say, president es don't have so much to do with the economy, will be former president carter, who as he acknowledged had economic headwinds and massive inflation and oil crises in the 1970s. today voters giver president

trump some credit for the economy. polling this summer, 2/3 of voters if i having him credit for our strong economic standing at home. this bodes well for republicans as we roll into the midterms. i think it is due both to president trump's personality, they view him as pro-business president and due to public policy he signed into place, particularly the tax cuts. neil: he has the economy going, markets going and corporate earnings, all that fundamental stuff looks off the charts going for him, you would think he would be racing out of the polls and party would be. other factors are at play here that could hurt them, but by and large, jimmy carter's point, that the economy ultimately will decide these sort of things, whether the president is beneficiary or not. what do you think? >> i think that's true. to a certain extent. presidents certainly have an influence and we did see when trump was elected the stock market really took off and they did, as hadley was saying, the

business community sees him as pro-business, even though some of his policies like tariffs have them very concerned but ultimately there are things that presidents can't control for which is why trump aligning himself so closely with the state of the economy could be a double-edged sword. neil: hadley, you could argue though for now, it is that wind at his back, and that the economy and what's happening now and taking the potential worry of trade wars off the table if canada signs on this to deal, the chinese feel pressure to do the same, he could be on fire? >> that's right. what markets really don't like is uncertainty. so i think that's where president trump is coming from, when he is talking about impeachment or any major political turmoil at home. that is true in the united states, true anywhere in the world. markets don't like it when our political system is going through some kind of crisis however -- neil: his argument that it would lead markets to crash, you could make the argument that the process, and foundation is sound

and would remain that way with or without the president. we're taking a huge leap here but what do you make of that? >> no, i think that's true and you know, on the flip side, markets do like certainty. when they do well, out of president. , rules will not be changing anytime soon. they appreciate the slow and steady drumbeat towards more pro-growth fiscal policy. that is what president trump puts into place. that is what republicans want to put in place. that is happening regardless of impeachment. neil: thinking about in the case of bill clinton, you know, the markets advanced through that whole process and afterwards, and, the rest is history. now that is not to say that uncertainty ahead of time rattles them, but what do you, what do you think the markets are telling us right now about

that possibility, very, very low though it seems to be. >> i think markets are ignoring it. there is a lot of political posturing. i know some republicans argued that some of the clinton economy had to do with the contract with america and things that economic policies being put into place including tax reform and with george w. bush, we did tax cuts. that did fuel a robust gdp, which is something trump is producing on policy side so there is some influence. neil: i will give the first case scenario, the president raised this in interview on fox last week, hadley, that the market was tank if this whole impeachment push, might not amount to hill of beans, anyway, worried about nothing, but if it gets to that extreme, that he would certainly survive but markets might not, might get rattled. market, i'm looking through prism of greedy capitalists, they tend to think it will not happen.

if it does not house, will not correspond in the senate, so what are we worried about? >> even former president carter on your show say this isn't the right approach for democrats to take, to focus on impeachment. i believe it is distract shaun from priorities -- neil: they are afraid it makes it look too zealous. but go ahead. >> instead our lawmakers of both parties should be focused on continuing to capitalize on progress we made in the economy and continuing to pursue, public policies lock them into place, allow progress we made this year to be the foundation for future growth to continue to see the robust gdp growth. neil: if we take trade worries right off the table, scored a deal on new nafta, whatever we call it with canada in tow. watered down agreement it may be, promises with europeans all they may be, china as well, that is a very big deal, is it not? >> yes it is a very big deal.

especially when you consider how much headlines we've had of the poor relationships that trump has been canada, tweeting things, undo agreements. if agreements come into place despite that, vote in favor of process yourself, what are you saying. i think business leaders know that as well. there is a lot of theater particularly with this president. he perpetuates that but fundamentals are still good how things work. neil: all right. thank you, guys, very, very much. to that point i just want to end here, giving update on what is happening with canada. we heard earlier on in this broadcast from freeland, can madian economic minister. canned is cobbling something together on their part by friday. maybe comes to fruition today, tomorrow, canadians rushing to

be part of a three-way deal that will be beneficial for all parties, including a very, very big win for the president and for the time-being for the markets. more after this.

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neil: i want to keep you on top of this heatwave that is gripping much of the country. a third of the us population is feeling it largely along the eastern seaboard and passed the mississippi river, if you want

to count everything. bleeding triple digit heat index across the most crowded and now sweating cities like boston, new york city, philadelphia's were following that and we are chronicling the cost of that fit your city might be doing but the things they are not aware of. let's take it to the next hour. >> they cut off the air conditioning at 12:11. neil, thank you very much. we are going to be hearing from present job in a short while. the president will make a major announcement on the administrator and effort to combat substance abuse. you will take that life as soon as it begins in the roosevelt room and white house. we're looking at a market that is once again in record territory. this time on economic numbers and more news with regard to trade. things with canada seem to be going well. nasdaq and s&p on their way for another record. hello. i'm cheryl.