you're looking at in north carolina will look, very, very different first thing tomorrow morning. should be right in the thick of it tomorrow. i hope you join us for our coverage. neil, it's yours. neil: stuart, thank you very, very much. we're keeping an eye on the hurricane. i want to update you on the market, the back and forth we're up and down again. driven by president of the united states, donald trump, first optimism he was one initiated, and his foreign policy team initiate talks with china. the chinese seemed to be interested, it wasn't them rushing into the table, it was the president. maybe more read into that more than deemed necessary, and the way it was interpreted in "wall street journal," no we were not under pressure to do any deal imminently or not. then the market fell back a little bit. the market clawing back close to session highs here on the belief that something could be going on behind the scenes here. there is nothing going on behind the scenes here.

both sides seem to be willing to talk to each other. u.s. business interests, 60 odd strong are pushing the president to avoid an outright trade war and they feel they are making progress in that regard, at least winning over some doubters at white house. way to soon to tell. that is what is driving this, not exclusively, but primarily, boeing, caterpillar, some of those that would be affect the by promising developments on the trade front bouncing back. you know that drill well by now. something that looks like a trade deal or will not go into hell of a hand basket on trade. we'll keep an eye own it for you. keeping an eye on something a bit more pressing to those in the present, the monster hurricane florence. right now it's a catastrophic storm and they're saying that namely because it is so slow moving and because, however you want to cat borize it, whether ultimately prove as one or two,

some kicking around to the idea it could be a three, it already canceled 1400 flights. prompted millions to move inland. half a million already have. many more are being urged to do so and fast because time is a wasting. to weather meteorologist michael schlacter. what are we seeing? >> florins is 105 sustained winds. it is moving very slowly creeping towards the con cavity of the north carolina coastline. neil: what are you expecting on this, michael? people say oh, category 4, now category 3, now category two, and could hit shore as category 1, maybe i don't leave my home or get out of the area. what do you tell them? >> very rare that the sustained wind or category of a storm is the main story with a hurricane. the fact it is category 2 is

kind of irrelevant. it is a large diameter storm moving very slowly. the storm surge impacts from the outer banks to south carolina are definitely historic up there with the infamous hurricane hazel in 1954. the slow movement, power and size of the storm, will make storm surge the big story. of course rainfall thereafter. neil: so, i was noticing looking around at other storms churning around in the atlantic, hawaii threatened by a separate hurricane moving close, is this unusual, or is this par for the course? >> kind of par for the course for september which is historically the most active month for hurricanes and tropical storm storm development, particularly in the atlantic basin. it is unusual to have four named storms simultaneously. the fact a lot for news people and meteorologists to cover at the same time is unusual but september is the big month to see all these storms. neil: all right. thank you very much, my friend.

appreciate your expertise. we should say that more than 10 million are in the storm's direct path. that means millions more indirectly affected by at very least what will be driving rain. so how many them are evacuating and do some of them hold off when they hear at least the category is whittled down a bit? do they get a little bit too cocky or a little bit too at ease? jeff flock from the latest, carolina beach, north carolina. jeff, what do you see there? reporter: i'm right in the wheelhouse of that question, neil. we're the starting to get a blow here, i was talking to this young lady, you left yesterday and came back today? >> i came back yesterday? came back i was fon two hours. reporter: why dud come back? >> my gut told me where to go come back. reporter: you don't think it's a big deal? >> i respect it totally. i'm prepared. i am just not afraid of it.

reporter: where you went you thought you would be better off here? >> yeah, i did. reporter: wow, ann, thank you. >> have a good day. reporter: we'll do our best. you have a better spot. >> we're down front lake. reporter: if you spin neil, ben shows you there, that is the water right behind us there. we got a spot right on the beach. and yeah, you know, the storm is not a cat-4. so these folks who have been threw it, ann has been through bertha, fran, floyd, and she says if it's a cat-2 storm i can handle this we'll see. neil: is there any real sense, you know fear there though? i noticed in one location after another, jeff, a lot of people are just saying, we can hunker down and deal with it. reporter: well, as ann just pointed out, by the way, i just get out in the middle of the street, you can see how much of a ghost town this is, she said

we respect this. not like these people are idiots and they don't know what but, you know, some people have elderly littletives they want to stay with. some people say i can't take my pets with me. some people don't have means to go somewhere else. there are a lot of complex stories out there and reasons people choose to stay. with the forecast, this thing bill come right either over us or right on the edge of us here in carolina beach. and if it does we're going to get the worst of it, but maybe not as bad as first feared. we will see. neil: be safe yourself, young man. jeff flock, in the middle of all of that. he covers some of these things, he probably loses count. we know he and his crew are hopefully in good shape there. we hear storm surge could rise 13 feet and more. north carolina republican congressman george holing on all of this.

congressman, what are folks in your district doing right now? >> folks in our district are preparing and preparing for the worst. i have to emphasize, because it reduced the to category 2 does not diminish the flooding in this. i left a briefing with duke power center, they made historic preparations, over 21,000 personnel. they're preparing for up to 7 million individuals without power for weeks. this is unprecedented. just because it is a category 2 does not diminish the amount of rain and flooding we're going to get and amount of disruption. people need to take this very seriously. neil: as far as, you know, inland as raleigh and elsewhere they're preparing for massive flooding. you've been telling folks that. just because you're inland doesn't mean you will escape this. when i look at size of this storm, it is bigger than north carolina itself. bigger than ohio. so it is big. it will stick around a while.

so how are people preparing for that aspect? >> people stocking up on water, food, nonperishable food. you need to be prepared without power for weeks. the last incident, fran when we had power out for about two weeks, just a few years ago, in matthew we had, i had power out for five days here in raleigh at my house. you know, be prepared to be without power for a month. that's serious. and, you need to have, you know, plenty of batteries, flashlights, and non-perishable goods. neil: congressman, separately you also were in washington. you want to make sure there is enough federal protection to back up your folks and constituents. this comes at a time when fema is dealing with a lot of funding issue, the flood insurance program a separate issue, also running a debt right now, are you concerned this will start

taxing federal authorities here? >> well, i visitedded with federal authorities at the command center this morning. they feel that they're prepared. we feel currently in the fema budget enough money. i'm giving live updates to the chairman of the appropriations committee, rodney frelinghausen. he assures me if fema needs more money we will find more money to give to fema to do their job. neil: yeah. we should always point out under democrat, republican administration, technically fema has been out of money, running a debt, it does its thing, settle that later. let's hope that is the case. congressman, be safe, my best to your constituents, thank you. >> thank you. neil: meanwhile the president wanted to make very, very clear, just because we're open to talking to china doesn't mean we're folding like a cheap suit to china. how the markets are writing that are and responding to that, after this.

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china. this as china is meeting with everybody but us including russia, japan, venezuela, you name it. to lieutenant colonel danny avis, could china be playing its cards exactly right on this. colonel, many are reading into the fact that china isn't blinking on this, and making deals and winning over u.s. business interests including boeing and high-tech concerns including apple it is playing a patience game. what do you make of that? >> i couldn't agree more. almost everything china does is focused on the long-term and thinking in long-term increments of time because they want to get where they want to go and one of the things that harms us in a number of different areas we have too short of a time frame and want immediate results and means we get to get to that are short term and don't provide a long-term benefit for our country so specifically in this case we could might take a page out of their playbook and use

some patience here because we do have a lot of ran over that and i'm glad the president said that. he absolutely should not be in a hurry to make a deal unless it is in our interest or benefit and ultimately he is interested in a fair and balanced trade policy that benefits both nations. neil: i don't know what is mandarin for chutzpah, colonel, but when i saw the chinese imploring the wto to maybe you know, get sanctions or trade tariffs approved on u.s. goods, this is the same wto that many argue still treats china like a developing country and gets pretty much what it wants and kind of rigged it in its favor. there are variations of that i grant you, but they are on offense here, don't appear on defense. >> they are. they will do everything they can but depends what you bring to the table how effective your offense is going to be and as long as president trump recognizes we still have the overwhelming strong negotiating

position here, as long as we can remain patient, because the, china is dependent on us as much as we're dependent on them. we both have interests having these things worked out. they're using wto almost as a marketing ploy saying hey we'll not be pushed around but we also recognize that we do have some leverage and as long as -- look for a win-win situation we can actually succeed. it will help out our nation as well as china. neil: you traveled the world, colonel, so you know when we're dealing with our enemies and friends and ways of saving face as well. john kennedy would practice that with the late soviet union. ronald reagan much the same in dealing dealing with a host of crises and could argue with bill clinton et.al., is there a way that administration should go about getting a deal that doesn't make it look bad for china? it is so important to china, everything we read indicates

that, they can't be looking like they're humiliated even though they might have to come to the table eventually because economically they're getting humiliated, how do you do that? >> i couldn't agree with you more. that is something i long ailed advocated. trade is the one of the best ways of diplomacy we have, diplomacy that benefits the united states but in a way can also benefit others. tough understand the chinese mentality which you kind of alluded to there, and there are definitely ways to do things behind the scenes and you can be tough and firm behind the scenes and there are better ways to do things. the public, with reagan and others, do the same thing, but they are very hard behind the scenes. once we get all that hard talk done behind the scenes, we come to an agreement, we all put a good face on it and that will help our country. neil: quickly while i've got you, the north korea situation where the two presidents are looking at, president kim jong-un and president trump, may be arranging another

meeting, what do you think of that? >> absolutely. i think that is a really good development. you have kim jong-un and moon jae-in will be meeting here in just about a week to move that further down the line and when you saw north korea didn't bring out what is 15 and 14th, icbms that can reach the united states during that last week at their parade was a good sign, hey, we want to work something out. we want to make this succeed. i think it is a good move for president trump to do that. as long as behind the scenes we can figure out something we get concrete, actually move things tangibly forward but i think it is a good potential move. neil: colonel, always a pleasure. thank you very much. >> thank you. neil: taking a look at apple the day after and the significance of all those announcements. for my money it is all about the watch, not all the smart new phones and all that other stuff. i'm telling you it could just be the watch. i'll tell you why after this.

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neil: there were a lot of apple products that were introduced yesterday but the watch intrigued me the most. if you're paranoid about your health or something is wrong it will really make you paranoid because this thing can do stuff prior incarnations could not. hillary vaughn live from california with a lot more. hey, hillary. reporter: apple watch making history with the health technology coming to the series 4 device and telling tech companies that capitalize on the market like fitbit tumbling. they got nod from major regulatory for their new

technology. just as apple announced watchest's newest features like fall detection that alerts emergency services to your location, and advanced heart monning to reliable enough to take a electrocardiogram to send to your doctor, fitbit shares started to fall 7% at close. apple ceo jeff williams, crowning apple the new intelligent guardian for your health, causing concern for the fitbit latest fitness tracker, the heart 3, that can track heart morn toring, sleep apnea and waiting fda evaluation for approval. so apple watch a step ahead. this is latest for apple to move their mart watch to a serious medical device. fitbit shares have not completely redowned from their fall yesterday in response to this news. neil. neil: thank you very, very much, hillary vaughn.

somewhat do you make of this path? some saying a paranoid direction, oh, my gosh will this rash clear up? we have deirdre bolton and rob, the significance of this is what? they had a heart rate monitor in the past but this goes further, right? >> right it had a heart rate monitor before and can detect if the heart is beating too fast or too slow. it can now monitor electrical activity from your heart. neil: to the point also if you've fallen? >> it has feature called fall detection and uses guy row scopes if you're fallen and stationary. connote emergency services. could come in handy for people that take a tough i fall. neil: what if you're clumsy? i fall a great deal. people will go rushing to my -- only one person here has and it worries me when that happens? >> that is a good point. it should give you a chance, hey, i'm okay. it will not notify the ambulance if you're hanging out on the floor. neil: deirdre laughed.

it makes me feel bad. what do you make of that? you and i chatted about the notion they're introducing this so much, but for my money this is the most intriguing? >> this is the most intriguing and point as lot of direction that none of the hardware was really inspiring to me at least. all a matter of opinion, to make me want to get a new phone. neil: but you're also young. >> well -- neil: i find it a -- >> young, which is -- i feel like this kind of emphasizes where apple is going, which is ever so slight pivot more towards services. so this in a sense is a health care service. neil: for boomers. see what i'm saying? i think this is reach out to boomers, the ones presumably with the money to eat this stuff up? >> i think it is also a utilization service in the sense of, it's not just about the hardware anymore. it putting more emphasize --

emphasis on system. babe buy boomers with health care or not. they had a gamer show youing this amazing 3d dragon you could fight. it seems to have something for every age group. in gaming, whether it is letting us stream a little bit easier, binge-watch a little bit easier, netflix, hbo -- neil: it is a captive audience on these devices so you will stick around? >> that is what i think is built up, is the ecosystem more than the actual hardware at this particular time. who knows, apple may be working on something else they will unveil next year. you yourself said they seem to have one year on, one year off, for amazing hardware. this is the year for low amazing hardware. neil: they went back to the phone itself a larger screen phone. wasn't too long ago, six 1/2 inch screen, why just call it a pc. but that is the way the world is going.

how does that benefit apple? what do you do with that larger screen? >> you see people increasingly wanting large screens and iphone xs max which is a handful -- >> why did they name it like that? that is crazy. >> i don't know. it is biggest screen ever in an iphone. people watch a lot of netflix on that and consuming a lot of content. to your point, streaming a lot of music. >> which apple makes money from, right, every single time? neil: that is a way to get those folks involved. >> and lock them into services apple sells. neil: do you think that will work, larger screen does that? what is screen size they say stop it already? >> at a certain point if you have small hands it will be hard to grab one of these big phones. tough side what fits best for you. people make a personal decision about that. >> it is all about the extras they give you on this, right? when you talk to analysts and those who would recommend the stock, don't recommend the stock, did anything move the needle yesterday to say, oh, no, they're still going in the right direction?

>> underlining two reasons why you would want the bigger phone. one reason is apple can charge us all more for a bigger screen, whether that makes sense or not. it doesn't cost them -- >> no. their margins are greater. they make a little bit more money from the hardware. then just underlining, we talked about how morgan stanley says over next five years, this whole ecosystem service will actually represent 60% of apple's revenue. so little by little, it is taking a step towards that. neil: wow. >> by the way, is sort of what they're actually making from physical iphone sales right now. there is 1.3 billion iphones walking around the world. there was even a nod, actually, one of the apple presenters yesterday, even almost saying like you don't have to upgrade for every phone. it is kind of green if you hold on to the phone a little longer. wait, are you here to sell us phones? neil: he was fired after the meeting. one of the arguments the company made this is the world's best-selling watch.

do they mean all watches, not just smartwatches whatever you want to call them but all watches? >> i think they're boasting it is most popular timepiece in the world. you compare that against mechanical watches. neil: they feel they rule this roost? they came out of the gate remember, clumsily a few years ago anything but now. >> they came off to a rough start, a gold one for $10,000. they don't make the fancy ceramic one. they're becoming more affordable and popular. they're touting fitness and health capabilities. neil: that intrigues you. >> i think so. neil: a young person inkrieged by this development. >> i think like young people who are active may want to go running may use it as a fitness coach. and talking about boomers. neil: than just go falling. >> whether you're falling or running -- neil: this shut watch for you. guys, thank you all very, very much. we'll see if it works. right now i believe apple's stock, that is an all-time high, isn't it guys? looks like it is 227.

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call now to learn more. ♪ neil: we're keeping an eye on florence, category 2 type storm. one statistic caught my attention, i'm no expert, that it obviously is, it is slow and dangerous and moving two to three miles per hour. hence the fears of non-stop flooding, it will sit there and rain and rain on you. meteorologist rick mike muth. that is -- reichmuth. is significant, isn't it? >> because the winds go down the strongest winds go down, doesn't mean all the energy accumulated all the last week goes away right away. especially including storm surge. while the winds gone down, national hurricane center says storm surge is exactly the same. that is certainly one of the things we have to watch. keep in mind, sandy came onshore with the strongest winds of

80 miles an hour. that is 25 miles-an-hour less than this. we know what sandy did. hurricane ike destroyed galveston, that was category 2 when it came onshore. we can't be fooled by the categories. we have to have discussion do the categories serve us well with our messaging over time. here is power outages saturday midday. we'll see power outages in places like charlotte and virginia. we'll see major power outages across the coastal areas of southern north carolina and parts of south carolina. that is because we'll have hurricane force winds there, likely for the better part of 24 hours. it is a really large storm, hurricane force winds, measure 160 miles across. tropical storm force winds 100 miles across. a lot of people will deal with the conditions for a very long stretch of time. we have tornado concerns.

tornado watch affecting on and on likely throughout the day from sunday on. with that rotation with the hurricane or tropical system you end up always seeing smaller tornadoes pop up. here is the track of the storm right now. we're still in the spot where a little bit more over water, it keeps its strength. if it goes inland it will lose some of that strength. but all the moisture in there will still rain. that is our big concern as well as the storm surge. i guess it would be good if it goes inland and we don't keep the winds and stronger waves for a while. by monday, it is finally out of here. storm surge will go on a long time. we'll see an onshore flow. sometimes when the storms move quickly, you get the back side. that pushes all the energy away. that will not be the case with this. because of that we'll see all the water piling up on the shore. then rain inland wants to come off because of gravities pulls it down towards the ocean, it will not be able to do that

because of that. neil, one last model run, coming in, one of our reliable models, look at numbers, 45 inches of rain is what this model is putting out. that would be absolutely catastrophic across coastal north carolina is just amaze. neil: just amazing. we had a congressman earlier from the raleigh area, they're expecting rain well inland. >> for sure. neil: for everyone there, it will be a hit. >> i'm glad you said that. you're absolutely right. neil: thank you very much my friend, rick reichmuth following all of this. we'll get an update on this, national weather center with update on very latest computer models, shows us this thing is very, very big and very, very slow. it will be sticking around a while, after this. to rent a movie?

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neil: what do you make of this now finally the government says what you said in that interview, the spigot stops but spigot had been running for a while? >> well i think the government is doing the right thing. they have really worked hard, they have worked long. it is a mess. it is a mess far greater than most people thought we would ever be in. remember year-and-a-half ago i you and i spoke, the world will be in a tough period of time.

neil: that was on the day lehman brothers was allowed to be collapsed. that is the last time i interviewed donald trump. no, there were a few more times. his view of the financial meltdown then. deciding whether it was wise to rescue some firms and not others still a debate 10 years on. all this at a time 10 years on the melt down seems to be in very far distant rear view mirror. charles payne talking about other things, with families earning more money than ever before, even inflation adjusted terms doing okay. >> we have a report on median income. i went through the numbers, i tell you what struck me most. you have nine categories. 200,000 is the highest bracket. every racial group has seen their numbers increase in that big time. year-over-year in fact. asians have 15% of the households top earnings bracket. record numbers for blacks, hispanics, asians, just phenomenal stuff. when you go back, scale into the

middle you can see why there is some, still a lot of anxiety and why people might be saying hey, something is wrong with the system. a lot of folks bottlenecked. in fact 15 to 25,000 number actually went up year-over-year. that range for, that middle to lower middle class range, people get stuck. when you break out through there, upward mobility is phenomenal. neil: a little more than half of the american people are involved in this market, right? so the argument has always been, that is what can keep it going if more people participate. but it stays stubborn at that rough level. i'm wondering why? do some people feel that, well, i can't get in now, i missed my opportunity? or i remember what happened, let's say you're a young person, mom or dad 10 years ago, i want nothing to do with that? >> some is mistrust. some is fear of the markets in general, like i missed it. i'm going, as soon as i get in it will go down. people always tell me that.

charlie, you don't want me in the bad boy. as soon as i get in it will go down. neil: what do you tell them this we were talking during the break. >> it is really difficult. the fact of the matter people have poor investment histories. they think they're investing in the market when they invest in one stock, see how it goes or they want to buy a cheap stock, a stock trading at a dollar. used to be $20 a share, now it's a dollar and cheap. they will never buy a stock that is $200 because it is already gone up. a lot of mistakes people carry with them. it is like the weight of the world. it stops them participating in the market. neil: you have to tell them what to get into, how long do you tell them to stay? i know it would depend on the stock and investment? that seems to be the big bugaboo, right? >> i think investing should be a lifelong endeavor. that doesn't mean you have to be 100% invested. it's a lifelong investment and you sit 20% cash. rotate out of the names, that no

longer have valuation. chase the fundamentals, don't chase performance f if a stock goes from 20 to 30 it, may go higher but why did it go up there? a lot of stocks went up dramatically but they're still cheap. amazon is arguably cheaper now than it was 1000 points ago. neil: you're not put up a issue run very far, very fast, dispoe portionately affected s&p 500 like amazon? >> not amazon. the fundamentals are phenomenal. they make money beyond the cloud, taking market share. everything you want to see in a company that is ideally a great investment. think of it owning a business. stuff into a business that right now is taking over, would you do it? if the answer is yes, that is when you consider buying a stock. neil: i talked to ken langone, we'll get a little more into that during the show. he was a big believer when you put a businessman in the white house.

he fully recognizes all the president's foibles, tweeting which he didn't do all that stuff. we elected this person. duly elected with 307 electoral votes. let's quite whining about it. he says more businessmen and women are running for office whether he like them or not. jamie dimon's name came up. he was critical of the president, saying he was smarter than the president. the president responding to him. what do you think of this little kerfuffle? >> when it comes to these two, because they're new yorkers, something we don't know about. did they have a beef 20 years ago. when you stepped in front of me during the buff day line? someone is carrying a grudge. neil: they told me there was a backup prime rib. >> there wasn't. there wasn't. the gravy was okay though. neil: they have never been this out in the open about it. i'm wondering jamie dimon has got to like what this president has done as far as lower tax rates all the rest. so what happened there? >> i'm not sure. this is not unlike with the koch

brothers pushing back, spending a lot of money against the tariff stuff. listen i get that but no, no two people other than the koch brothers made more money off of president trump's policies from lower taxes to deregulation of their industries, those sort of industries, are you kidding me? you don't get 400,000 manufacturing jobs in less than two years without removal of those regulations and they pocketed more money than anyone else. i think a lot of these folks want everything. they want it all. apple starts to threaten they will raise their price of their phones because of tariffs? don't forget, 200 billion offshore with the new repatriation number, i put them around 36 billion that trump put in their pocket. then lower taxes, another 2 billion a quarter. so i mean they have got money if they really wanted to find a middle ground here to invest in americans, who may not have the skills, to put some manufacturing here and still be making a pretty good under this president. neil: let me ask you a personal question. you're one of the people i respect most in this business.

you're also a good friend. you're also a classy guy. now sometimes, not all the time, donald trump is not. now i know you gravitate and point out how he succeeded for the markets and has. succeeded for economy large part in his doing but does the other stuff concern you? does it make you think, oh, god, you're doing so well and screwing up with this nonsense? >> it makes me cringe. it makes me cringe. i'll tell you one of the reasons why. the media hates president trump so much, when he gives them this sort of ammunition it becomes the story. so the person that might be motivated to get off their sofa, if the headline tomorrow on every newspaper was median income at all-time high, job openings at 6.9 million, the person that might have otherwise been motivated from watching a different channel, two golly, i will get into this. won't hear the story, until eventually they hear it from

their friend. he is feeding fire, that is main thing holding us back is, more people not participating, not more people, more americans not believing. so he gets to feed that narrative that, they're out to get him. they do not like him. the establishment doesn't like president trump. he is upsetting a multitrillion dollar good thing they have got going. the media doesn't like trump and -- neil: ken langone says he doesn't care about it. >> ken langone doesn't care about it, but for me, i want to see those people stuck, we talked about earlier in the conversation, those people stuck right there, i want them to get through. if president talked only about positives, wouldn't take the bait, they would hear about it, they wouldn't have no choice and that would motivate more americans. neil: i don't know. he could walk on water. >> the media is stuff. the media will say he couldn't swim, right? neil: buddy, i always want to get to the bottom with you. charles payne, one of the best eggs in this business. meantime, ken langone as i

was mentioning telling me president trump does indeed deserve a lot more credit for this economy than he is getting. take a look. why don't you think the president is getting more of the goodwill from this good economy, from these good markets? and now there is battle back and forth between he and president obama who takes credit for this bull market, longest in history, who does? >> forget about. obama ought to do what every other great president did, go off in the sunset, like the mother of the group said, wear beige and keep your mouth shut. neil: [laughter] >> what i'm saying, like it or not, trump's base is rock solid. donald trump needs 15% of the voters to get reelected in 2020. that 35% and everybody knows, is rock solid. i, i would hope he would do things different than he does did you dammit, give the guy credit. the american people spoke loud

and clear. the establishment is shocked that donald trump won. but he won. he won fair and square. i don't, this mueller investigation, come on, let's end it. come out and say what you got. neil: all right. the read from democratic strategist robin biro. we have syndicated radio show host stacy washington. what ken langone is saying avowed capitalist, proud of it, this guy has been good for capitalism, stacy, and all other issues should be put to bed. what do you say? >> well, i mean i'm of the firm belief if someone is guilty of something, there is an investigation, that the investigation should go forward to its completion and then the american people should get to know if the person is innocent or guilty but in this case we have seen rampant evidence coming forth every single day, neil, this is not about russia, not about collusion, not about impacting the election, it is about bringing down a man who never should have been president.

that is not american. i'm an air force veteran. fourth generation military veteran. me and my family members, millions of other americans fought for this country, we fought for the rule of law and the constitution. so what i want to see, i love his comments, he is fantastically successful man, ceo of home depot, we need to see what he just said come to fruition before the midterms. it is not fair to have this investigation hanging over the heads of innocent people who are running for office as if they're somehow complicit or guilty because they're running on the same party ticket as the president. neil: robin, it is what it is. i don't know if we'll have the results of the mueller probe announced before the midterms. doesn't look likely. but i could be wrong. >> i agree. neil: but even with the economy and strong markets, republicans are on defense. are you surprised by that? >> no, neil, i'm not at all surprised. you know they have got a lot -- there is so much going on right now. but one thing i know about robert mueller, i want to thank stays city from one veteran from

another for your service, as veteran himself he is the by the book kind of a guy. that is the type of investigation he is running, neil. there has been no leaks. they don't even give their lunch orders to the public. republicans, yes, they are on defense here but it is because it is unknown quantity. fbi doesn't tell us about ongoing investigations. so we don't know what evidence they have may or may not have. and so far as russian collusion or election meddling. neil: so you don't have the cynical view that some do, that ken langone has, this, if you just keep it going, people who don't personally like donald trump will also prevent people from voting for republicans and that screws them? >> yeah, no. i don't prescribe to that notion. you know, the midterms at this point i think are fair game. i wish to god this investigation would wrap up but i agree with stacy, as far as rule of law goes, we need to let this thing ride out and let the american people -- neil: that is like waiting for

gadot. stacy, markets, economy, the president always likes to take a bow for it. ken langone says he deserves to take a bow for it. others go back to the obama administration, started unpresident obama. we were coming off a very, very serious recession, leaving a million jobs a month. i'm not here to debate who gets credit for what, but this president in particular, that is the rap ken langone here, stacy, this president, no one will give him a break when it comes to the economy and markets. you say what? >> okay, so i'm of one mind. i'm a trump supporter obviously, mostly not because of president trump, he is great, but not because it is him because i support the republican party platform. now when it comes to donald trump there are some things that i think are fantastic. the man is great off-the-cuff. he is very straight from the hip which means he's not pc. he is not safe space. by the same token i would love to take twitter feed, tweet out accomplishments of his administration so the american people can know about them.

not enough americans know about -- neil: he does but tweets other things. >> but those are distractions, neil. they're huge distractions. i get it, but those are not my favorites, put it that way. doesn't mean i won't vote for him again but those are not my favorites. neil: guys, very eloquent both of you. very calm both of you. >> thank you, neil. neil: we like to have a no screaming zone here. >> i love it. neil: we've got certainly a big hurricane zone here though. we are following this category 2 florence, because she is very big, very massive, very powerful. within just a very few hours of hitting land, after this.

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neil: all right. just the very latest on florence right now. airlines have already canceled hundreds of flights into and out of the area. that includes pretty much a good chunk of the northern part of the southeast. we're looking at power outages that are inevitable. duke energy, for example, in north carolina, said 75% of its four million customers could and likely will lose power and a good many of them could have it out for a long, long time. so storm surge, another big concern to all the states along the coast. to myrtle beach with the latest from there. reporter: what we are seeing right now, i'm in myrtle beach, in a neighborhood very, very close to the beach.

you are seeing boarded-up homes. the owners of these homes are actually here. they are in their homes right now. they have all communicated with each other that they are going to stay put here which is why you see them boarded up. these owners of the homes have opened and actually bought flood insurance policies. however, the latest statistics right now show that there has been a drop in the number of purchases when it comes to flood insurance policies across the carolinas. first with north carolina, you are seeing that percentage drop almost close to 4% from 2013 to now, so fewer people are buying in north carolina, then when you are talking about south carolina, where certain regions it's mandatory to buy flood insurance policies, you are seeing that drop down to about 1%. overall, the people here that do have flood insurance policies, they have boarded up their homes, they seem very confident. earlier this morning i was at one of the only gas stations opened up in the neighborhood and i spoke to people that were buying some goods. the water was completely sold out. they said they survived hugo.

they were able to ride the storm there, they were able to survive several hurricanes. they're not leaving. they are well-prepared, they believe they can ride this out. we know it's been downgraded to category 2 potentially when it hits myrtle beach, it will be category 1. the big fear and legacy of this hurricane is going to be the amount of flooding and the rain and storm surge that's going to hit the town. we are expecting water everywhere and that's going to be the big story over the weekend, is how are people going to overcome that, how are they going to find food, water, and everything else. that's something we will be covering for you and i know we will probably talk for the rest of the week. back to you. neil: be safe. thank you very, very much. meantime, the property damage, a lot of homes along that path there, hundreds of thousands of them, and a good many of them could be underwater. that's putting it mildly. then there's the claims process to make sure the homes get repaired. good luck on that front. the founder and ceo of

[ inaudible ], greg rand. what do homeowners have to be thinking of now to prepare? >> well, if they are insured they are thinking about safety. the near-term impact of this i think people are doing a pretty good job explaining and warning folks about. if you don't have insurance, you don't have flood insurance, you could be taking a big loss. if you look at the midterm impact on the overall housing market, doesn't tend to have serious impact but in the short term, it's dangerous and our prayers are with those folks. neil: you always hear with every natural disaster, lot of people don't have flood insurance, even in flood-prone areas. you would think it would have been required with the mortgages they have, with the homes they own. oftentimes we find out after the fact it is or isn't covered to the degree they thought. we are also hearing the flood insurance program that deals with this is heavily in debt. what is a homeowner to do, thinking he or she has done the

right thing? >> if they have done the right thing, there's two things that will happen. i like to use houston as a good comp. a year ago, harvey hit and a lot of disruption, loss of life. but a year later, the city of houston actually reported the record number of home sales and record home price reports just this summer, so in the near term, if you can weather the storm and if you get your family safe and if you have got insurance. if you don't, federal relief comes in, the insurance companies cut the checks but investors come in so capital tends to rush these markets from different quarters when these situations happen. so people aren't -- there's no question there are going to be a lot of people that wind up having their lives disrupted, but the concern i hear among some that it could actually have a long-term detrimental effect to the housing market on the east coast of the carolinas, history doesn't show that, because the fundamentals of

these markets is migration, which is not slowing down to those areas. i mean, people moving back into flood zones after hurricanes come through are a perfect example of when the clouds clear, the fundamentals of these markets ultimately take over and a year from now, you will see home prices and home sales in the carolinas do pretty much what they were going to do next year either way, regardless of what happens this week. neil: here's an opportunity to see after hugo in 1989, particularly in this neck of the woods, building codes changed, they made them more hurricane-resistant. i wouldn't say hurricane-proof. but they have taken a number of measures, including banning building right on the edge of the water on the coast. we will see if that works out. what are your thoughts? >> well, we will have our fingers crossed. i do know that after hugo, i own real estate on the coast in south carolina and everything is ten feet up. we have had hurricanes since and they flood up to four feet and it winds up being a cleanup.

it's a cleanup. i always worry when i hear the report that preceded this segment where people are staying put. i get it. i would want to stay put, too, and make sure my house is there. but for crying out loud, if the house did get taken away, i would not want to be in it. so i wish more people would hit the road than maybe are, but i kind of get it. they want to be there to see it for themselves and they're rugged people. neil: yeah, they are. >> they want to stay put and protect their stuff. neil: they are indeed. thank you very much. >> thank you. neil: all right. you hear a lot about storm surges and the like. i believe it was the north carolina governor roy cooper who said if you are looking at nine feet of water you are already up to a home's second floor. therein lies the rub and the danger with this particular hurricane, this storm. to meteorologist reed timmer. lot of gallons of water people along that line will be looking at here, huh? reporter: we are on the barrier

island here, just passed high tide at noon so it is starting to go out a little bit but you can really see the massive waves right at high tide. they are already lapping up against the sand berm here. we even saw wall clouds, potential water spout tornadoes going by and the outer band of convection here. we are at top sail beach and the next high tide will be 11:30 p.m. tonight. the hurricane will be much closer, we will be getting battered by onshore flow with a six to nine-foot storm surge that will go up and over this berm and inundate the entire island. that includes all the barrier islands up to the outer banks, and that's why you absolutely want to heed those evacuation warnings and get out of here, because the hurricane is likely not going to be survivable on these islands. neil: you get storm surges up to 13, 14 feet, as some have been warning, that would annihilate a lot of the barrier islands, period. they would be covered in water. reporter: yeah. they certainly would. it will likely change the landscape forever here on the outer banks and barrier islands, even a nor'easter that goes by or weaker hurricane will change

the landscape here. they are basically large sandbars so with a hurricane stalling out here, that's the biggest concern, prolonged battering of these large waves against the eastern sides of these barrier islands just eating away the sand and changing landscape forever, eroding the foundations of these homes. most of the homes are stilt homes but even with a nine, ten foot storm surge, that will likely be in these homes, even above the stilts. neil: how many are staying close by, not leaving their homes? reporter: nobody here at top sail beach, as far as we know. i'm sure there are some people hunkering down but it's under mandatory evacuation and as far as we know here, up on top sail beach, there's nobody staying behind. it's different in wrightsville beach, a few more people are staying on the island down there despite the mandatory evacuations. i can't stress enough, you definitely got to get out of these areas because with that storm surge, it's mat mjust mat. it's not a survivable situation.

neil: thank you very, very much. reed timmer, looks pretty bad right now. nothing has hit the coastline as yet. they are talking about something late tonight, early tomorrow morning. too soon to say. safe to say it's a monster.

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schedule a complimentary goal planning session today with td ameritrade®. neil: you know, say what you will -- sorry -- of president trump and the chinese leader. it chokes me up when i think about this. they are deciding the course of the markets these days. the better the trade deal looks so they might return to the table and start talking to each other, the better it looks for the markets. that was certainly the case early this morning when it looked like we were initiating or trying to get china back to the table. then the president puts out a tweet later in the day, we're in no rush to do this and the markets go well off their highs. now back to the middle ground here. to matson group ceo david matson and mark lashney, let me start with you. the less we see these sides

talking, the worse it is. >> agreed. the market is being held hostage to trade negotiations. you see the schizophrenic behavior by way of trade discussion or talks on, talks off, influencing the market on an intraday basis. it's likely to continue until we get crystallization around where this is going to land. we have $200 billion in tariffs out there that some percentage will be applied to, 0% to 25% perhaps, with the threat of another $267 billion to follow. that's going to weigh on market participants' sentiment about whether to go long equities or not. neil: does this play into your market forecast? i mean, i know the prevailing wisdom has always been, you know, we worry about trade wars and all this. they haven't really come to pass. i'm not ignoring the fact that agricultural commodities have been feeling it. we see big effects on steel,

aluminum products, but by and large, it hasn't been felt. and i'm wondering whether that's what the markets are going on, that cooler heads will prevail. >> there's no question that's what the markets have been going on. it pivoted at some point early july and i think the expectation is that there will be some resolution, there will be some posturing and negotiation along the way and they will get it done in the end. when you ask is it factoring into how we are allocating capital, the answer is yes. for one thing, if i had a crystal ball and knew we were going to go to this full-blown trade war, like the worst aspect of all of it, smoot hawley, china lets it go, we let it go, we would bring down our equity exposure dramatically. where we are now, because i believe that basic thesis this is a totally unnecessary, unproductive distraction but ultimately, the kudlows of the

administration will win out over the navarros. that's our belief. what we have to expect now is enhanced volatility. we have to expect there's going to be some compression of what would otherwise be a healthier market multiple, so the benefits of tax reform, $83 billion of added money in the economy from corporate tax rates being lowered, and $500 billion from repatriation are coming lower but not so low it makes us bearish. neil: might be something to that. if you take the read of consumers and companies responding to consumers, look at apple pushing what on the high end could be more than a $1400 phone. that's not the posture you take if you are worried about consumers retrenching. what do you make of that? >> i agree with that view as well. the fact is, we have been and continue to be very bullish on the state of the consumer. they are in great financial condition. that is helping to persuade spending behavior, household net

worth at all-time highs, balance sheets are in good order and income statements are improving by way of wage gains. so you can see it in sentiment surveys from the small business community which is at all-time highs as well so this is feeding into a spending cycle with both the consumer and business contributing that i think is supporting the kind of spending behavior that will be helpful for products like apple's new iphone suite which is getting exceedingly pricey but at the same time, probably not pricing itself out of the marketplace. neil: david, how close if you look at individual investors, i mean, despite the market run-up, very few as a percentage of overall americans are in this market. i think the general rule of thumb, about 55%, i don't know if that's accurate, but the bullish argument, more can come in. in other words, there's a lot more cash potential out there. where are you on this? >> that aspect, more people coming in the market, new

investors, is not of particular interest to us. the valuation of investments that whatever that investing population is going for, matters. the attractiveness of asset classes matters. when there are people who are invested and they have significant amounts of cash, that cash is eligible to come into equities or fixed income, which is the case now, by the way. there is still an incredible overinvestment in fixed income, in particular taxable fixed income. that represents a supply/demand argument. there could be more demand for equities but that isn't going to make prices higher sustainably. profit growth always and forever drives markets. there are tradeable factors along the way but ultimately, we are contrarians to think the bulk of people are getting it wrong in the masses and we truly believe there's value to be found in the market right now. that's the way we are positioning client portfolios. neil: if he's right, that would seem to indicate some continued

tranchen in this bull market because it's richer than it was but it isn't off the charts. what do you think? >> indeed. the market is not overpriced. it's fairly valued which means obviously it's vulnerable to hiccups now and again. we are experiencing more volatility this year than we have seen over the last 12 to 18 months but that's natural. the fact of the matter is, macro economic underpinnings for the economy and within that, the fertile climate for corporate profits are supportive of equity prices. our view as it stands today is that this bull market is going to last for another 12 to 18 months, at least as clairvoyant as we can be at the moment which on balance, equities should perform better than bonds and cash and therefore, continue to flatter client investment portfolios. neil: that would be like a dozen year long bull market. >> it doesn't necessarily have to die of old age. it will die in the next recession, more likely than not and we don't foresee that in the

foreseeable future. neil: guys, thank you both very, very much. taking apart the winners and losers in that environment, how to read that after this.

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neil: the charge that now has, well, the videotape or something visible because the bias over google came to everyone's attention with the release of some video few people knew even existed. susan li in the newsroom with more. >> brigeitbart getting ahold of this video the day after the 2016 election. take a look. >> it did feel like a ton of bricks dropped on my chest. what we all need right now is a hug. >> can i move to canada? >> is there anything positive you see from this election result? >> boy, that's a really tough

one right now. >> that was alphabet's cfo choking up, admitting she was a hillary supporter which wasn't a secret. she was out in public supporting hillary. they were going through some scenarios and maybe reasons why the election swung the way it did. google's co-founder starting off the meeting, which are called tgif in google culture, saying he was deeply offended by this election saying as an immigrant and refugee, i can certainly find this election deeply offensive. there were questions about immigration, tax reform, also the new administration coming in and what this means for maybe changes at google. google responding to the video's release saying at a regularly scheduled all-hands meeting, some google employees and executives expressed their own personal views in the aftermath of a long, divisive election season. for over 20 years, everyone at google has been able to freely express their opinions at these meetings. nothing was said at the meeting

or at any other meeting to suggest that any political bias ever influences the way that we build or operate our products. jeff sessions, the attorney general, will meet with republican state attorney generals this month to discuss whether social media companies are, in fact, stifling conservative voices but the video within the video, they talked about regulation and actually do expect more regulation coming down the pipeline under trump, believe it or not. back to you. neil: so the conservatives are social media entities because i can recall covering a lot of energy companies after barack obama was elected and you never saw such a depressed bunch of people. they don't have the sway that, say, a social media concern has, right? >> i don't know if i would characterize google as a social media but definitely a tech silicon giant, tech silicon valley giant and there is concern about regulation and what this means for freedom of speech they say under this administration. neil: all right. susan, thank you very, very

much. so are those concerns justified right now, especially with this tape getting out there? let's ask molly hemmingway. what do you think? >> it was just a really stunning video to watch. it goes on for over an hour and contrary to what google just said in that statement, it wasn't some employees and executives. it was the founders and executives of the company being really open about just how devastated they were, how hostile they were, not just to trump but his voters and what i kept thinking is what would it be like to be an employee in that environment and not be sharing the thoughts that all of the executives have. they made it pretty clear that those were the right views to be held and if you didn't hold those views, you were a bad person. it just seems it would be a very difficult work environment. the other thing is, that statement says they aren't biased. well, obviously they are biased. everyone is biased. a really good way to know you are not tackling your bias problem is when you deny there's bias to begin with. neil: i think that's very true. we all have our biases.

you have to be aware of them. tom dorsey as twitter was famous for saying not long ago, i have my own bias, i'm a liberal or whatever, i'm paraphrasing here, but he tries not to make sure that comes through in twitter or shutting down conservative thought. he's come under criticism that that's exactly what happened at the company but that it is not intentional. let's say it's not intentional, just subliminal. it has the same effect, right? >> it might be much harder to root out. this is the company that controls 90% of the search market and there are so many algorithms written by so many people. if you don't have a diverse work force that knows the way different people think and reflect and shows that different way of thinking, you will have these biases cooked into the algorithm in a way that would be very hard to extract or deal with, and again, it doesn't seem like they are even aware this is something they should be thinking about, much less doing what they should be to make sure they are not discriminating against people with different viewpoints or you know, not handling that great power they have. 90% of the market is something

that would make standard oil blush. i'm not saying they should be regulated. there are many other ways people can handle this. but this is quite a big control of the market that they have. neil: so it wasn't necessarily a google alert that the head honchos at google had this view after the election. many had telegraphed that, went very public in who they were supporting. i understand that. maybe their behavior has changed since. but it does make you wonder whether everything is done through the prism of a left-to-center view. they don't see anything wrong with that. but it's built into the cake. in other words, if there is a google search going on of presidential speeches and most of them that are complimentary, let's say, are of democratic presidents, john kennedy, barack obama, bill clinton, and not republican presidents which was an argument donald trump was making, google can come back and say well, that's the mainstream

media. we are culling sources of the mainstream media where there might be this bias anyway and we can't control that. you say what? >> that's precisely what they were saying. one of the things that was interesting in the video was talking about how to deal with news sources that are contrary to the values of google and they said they have algorithms and are working on a.i. to help deal with that. control of news is one of the most powerful things you can do from a propaganda standpoint. doing things that the free flow of information is constricted is a great way to control what people think and how they vote. remember the whistleblower, there's a whistleblower who released this video. there was also the release of a letter from a google executive talking about how they were trying to boost latino turnout in florida in order to help candidates that they thought would be more aligned with their values. we are going well beyond even just search into election meddling and other things, there might be campaign violations here. this isn't just something where you should trust when the company says oh, nothing to be worried about here.

well, i don't think they are really understanding all the ways in which they have power and how that power might be being abused. neil: well put. thank you. >> thank you. neil: you know, as i sit here, i think this obsession over bias and everything else, everyone has their bias. i believe there are three 24-hour news stations, three 24-hour business stations, all these sites that are on 24/7. you could certainly get into the critical things on donald trump. we have, we do. you can also get into the good things happening under his stewardship. we have and we do. people can interpret that, the prism of their own bias, and decide whether it's harshly right, harshly left or just screwed up. but the bottom line is there's enough time to give all sides without being a 24/7 jackass. more after this. rising demand for lithium used in batteries is exceeding

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welcome back. i'm nicole petallides live on the floor of the new york stock exchange. the dow jones industrial average up 124 points but we are looking at stocks that are related to hurricane florence as it barrels towards the carolinas. you can see that names such as home depot, lowe's and walmart are to the down side now, but we have seen these as real winners this week, in fact, hitting highs as people are running to get preparations and all the materials they need in order to protect their homes and stay well during this storm. when you look at names such as beacon roofing, that is one that web bush said would come out as a real winner after this storm. first and foremost, we want everybody to stay safe but the big picture, this will have a large economic impact, or somewhat of an economic impact from many sectors. you can see names such as louisiana pacific as well. so big picture here, there's a look at hertz and avis. these are also to the upside as

we look at the rental cars. people are renting cars in order to get out of the cities and get out of harm's way. the other element of the rental cars is that there will be property damage and people may need to rent cars for longer term following the storm in order -- until everything is back to being okay. there is going to be many different sectors that really are going to affect this but first and foremost, stay safe and get out of harm's way. neil? neil: that's exactly getting our priorities right. stay safe. nicole petallides. to ed laurence now in washington. the commerce secretary of the united states, i had no idea, but you know these things by heart, that's his purview, right? reporter: exactly. yeah. noaa fits under the secretary of commerce purview, under the commerce department here. i'm actually live inside the noaa center for weather and climate prediction, and the commerce secretary toured this facility as they are tracking the storm as it's coming onshore.

he says this storm will not affect the overall economy in a huge way, but we are talking about some very big numbers. commerce secretary wilbur ross says the shock to the southeast specifically will be $180 billion by the time this is all finished. his concern first of all is the loss of life. after that, it's the loss of property and damage to the economy. the secretary says this is already disrupting transportation lines related to imports and exports. >> it affects the ocean itself. we have had, the navy has had people evacuate voluntarily 165,000 square mile area around the affected land site. you can see the vessels on the radar screen all hovered waiting to get through. reporter: this is video that shows where the ships are sitting right now to avoid that hurricane area. in addition to just getting

products to market, agriculture will see a very big impact from this. predictions show the rainfall will total 20 to 30 inches when this storm is all said and done. we are talking about two feet to more than three feet. >> it's very, very serious issue, particularly for agriculture, but also from the point of view of flooding. there has been a lot of rainfall inland coming down, filling up the rivers that go out to the ocean. when those collide with the hurricane itself, that's where you get the biggest of the surges. reporter: this could also affect the perishable crops from getting to the market, those could obviously go bad during these delays. the commerce secretary also says it affects the normal day-to-day business transactions that are taking place. again, he said the impact to our economy will be $180 billion when this is all said and done. neil: thank you very, very much.

hurricane florence is already nearing the east coast. five states having declared a state of emergency over 1200 flights canceled, 1.7 million evacuations in virginia and the carolinas. on the phone with us, virginia department of emergency management's jeff caldwell. thank you for taking the time. how's it looking there? >> we are starting to see the first impacts in virginia from hurricane florence, although we look to be spared of a direct hit that the carolinas are going to receive. we still anticipate high winds, storm surge and flooding along our coastal areas and as florence turns north and comes back up the interior part of the east coast later this weekend, we anticipate some significant flooding inland. neil: so for virginians who might look and say well, we're not in the path of this thing, what you are trying to say is be very nervous about this thing. >> certainly it looks a little bit better than it did a few days ago, when florence was directly bearing toward us, but as the forecast has shifted south, we are still preparing for impact here.

this storm is so big that just because the eye strikes in the carolinas doesn't mean we are not going to see the impacts of those outer rain bands. neil: what do people tell you, you hear this with every natural disaster or the fear of one that a lot of people refuse to leave, they know they could be gone awhile, they know power could be out for weeks, maybe longer. they don't want to chance it. they don't want to be away that long. >> well, it's definitely difficult to get people to understand the possibilities and the threats for these types of storms. we try to educate folks ahead of time that a storm like florence that strikes, if it struck directly here in virginia, that's a once in a lifetime storm. it would be something like katrina was in the gulf coast, or maria was to puerto rico. just because we haven't seen a direct hit in a number of years doesn't mean we can take that for granted. sooner or later, the time will come and virginia will be in the eye of the storm. neil: i can remember with sandy

in the northeast, there were concerns it wasn't even a hurricane, it was no big deal. obviously it hung around and there was enormous storm surge and it did a heck of a lot of damage in a very, very populated area of the country. is that your concern here, that people are sort of being nonchalant and saying it's a category 2, might it land as a category 1, i don't have to worry? >> yeah, there's definitely a concern people downplayed the risk and certainly as they watch the forecast and watch things change, by human nature we start to think we can let down our guard. these storms are notoriously hard to predict and we are already seeing day by day significant shifts in the forecasted track for hurricane florence. we don't want anybody to let their guard down yet and not keep a close eye on this storm, because it still could have significant impact to us as well as our neighbors to the south. neil: all right. thank you, jeff, very, very

much. for all your work. i'm sure it's a 24/7 job of late. you are doing it nobly. jeff caldwell, virginia department of emergency management. so many other players, so many volunteers. i was struck when listening to the north carolina governor roy cooper, the thousands of volunteers just in that state. volunteers, they don't have to do what they're doing, but they could have gotten out of harm's way themselves but they don't do it. every time i always hear that the greatest generation is gone and all that, these are the sons and daughters, grandsons and granddaughters of that generation. it's times like these i think you realize it's still in our dna. more after this.

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neil: he said his wealth wasn't a gift from daddy, referring to donald trump. says that he is smarter than he is, referring again to donald trump, but that he's not entertaining running for president. what did you make of that? >> the one thing i'm excited that trump has done has made it possible for people other than politicians to think they can run for president of the united states. that's good. neil: would he be a good president? >> jamie would be fabulous. neil: all right. the president and jamie dimon are at each other's throats

right now. the president, after hearing that jamie dimon said he was smarter than the president, the president coming back at him and questioning that and then nastiness ensues. to the point that, you know, you hear a lot of these folks talk about it, the idea that, you know, businessmen and women, successful businessmen and women can entertain running for the highest office in the land because donald trump paved the way. let's get the read on all this from "the new york post" columnist michael goodwin. essentially, he's saying that's fine, i might not agree with howard schultz or mark cuban or for that matter, even jamie dimon on everything he says about this president, but i'm glad the door is open for them to even consider running for president. >> i think it's a great point. jamie dimon clearly has been at least in his own mind thinking about this for awhile. this is not the first time he's talked about this sort of thing. there's been a lot of

speculation. he's 62 years old, he's been at jpmorgan for awhile. he's been a very successful ceo of the biggest bank. at some point, you would think he would want to take the next step and politics is increasingly likely. at least i think he thinks that way. and the point that trump has opened the door i think is an important one. however, i think that there's also, it's easy to misunderstand why donald trump is president and not just a businessman who tried to run for president. that is that he spoke to people who felt left out, who felt betrayed by the political system, and the way he spoke to them, what he said but how he said it, all of that was unique in modern times. yes, his business background was very important, but i think the longer he went into the campaign, the less that mattered and the more it mattered the positions he took on the real

politics, the real policies that had people concerned, especially immigration. neil: you know, i think it's a great country because only in america can a billionaire run for president and become one. but leaving that aside, it is interesting what you said about how the president appealed to the common man or woman, when he was anything but. you could argue roosevelt had that ability, the nation's wealthiest family, somehow reached out to the common man. john kennedy, you could argue as well. i know it's very different with donald trump. it's a more in-your-face style but even on that level, people knew what they were getting then and they elected him then. all this other stuff notwithstanding, it's still an issue for a lot of folks now, people can deal with because they are getting all this other stuff they like for the economy, for the markets. what do you think of that? >> i think it's absolutely true. the bob woodward book, all these things, they want to focus on the process. donald trump is a person of

results. how he gets there i think is less important to not only his supporters but should be more important to everybody else, the fact that the results are so dramatic. i mean, a 4%, 4.1% growth versus 1.8% or even 2%, over time, it's a difference of millions upon millions of jobs, of higher incomes. all of these things we're seeing. that should be taken at least half of the woodward approach but it's not. it's thrown away as though the results don't matter. the results matter more than anything else. i think that's what his supporters see. neil: i finished woodward's book last night. contrary to a lot -- he did talk to a lot of people but they were recounting conversations either they were witness to or even had second-hand reference to and he taped these conversations to sort of say this is what i heard. very few are direct

interactions, in other words, you can listen to us talking and quote it, or you can listen to someone who watched our conversation and then quote them. so i understand the risks of that strategy. you as a great journalist appreciate that yourself. but the one thing that comes clear, this is where i attached myself on a lot of the economic stuff, was that there would be cases where to quote woodward, 99% of economists thought this was a dumb move or bad approach. that automatically would make me think [ inaudible ]. why are we just assuming because everyone is marching this way that the president's approach, bull in a china shop though it may be, is the wrong way? that comes through again and again in the book. >> look, i think part of it is donald trump's personality. he is a disruptor without end. neil: and woodward, i should finish that thought, disruptor who won't listen to those views,

whether you accept 99% of the views of economists or not, but won't even listen to it. >> right. well, look, take the whole squabble with nato and spending. there's one where all of the critics of trump were alarmed, oh, he's upset our allies, he's insulted them, he's made them feel like he's going to leave nato. but he was addressing the same problem all the other presidents had to address which is they don't pay their fair share, and they got nowhere with it. so he is bringing -- neil: no one mentioned it diplomatically. >> president obama tried. he called them freeloaders. didn't move the needle because they knew he had not drawn a red line, that he would do nothing about it despite the rhetoric. trump is a man who will act and that is what people take seriously, friend and foe alike. i think that is -- it shouldn't be missed by the woodwards but

they ignore it, i think, in their calculations, in their assessments of him. neil: heeshre we don't know bece the allegations, gary cohn and others ripping papers off his desk so he doesn't sign something, there are a dozen stories like that, he's trying to protect him from himself for us. it seemed a little tortured to me, but maybe that is going on but if that's going on, there's a bigger issue of a shadow government here that supposedly, you know, is doing this in our interest. i will be the judge of that, right? how dangerous is it? >> look, i do think it's a significant concern, especially given the way we saw the fbi and justice department acting during the campaign, and all these tweets and e-mails or text messages and e-mails that come out showing that they viewed themselves as the people who should decide who should be president. neil: because there wasn't one tweet or text for anyone liking

him. >> that's right. not a single one. neil: now we have the upcoming midterms and republicans might be in better shape, i don't know what you think, but is it your sense now, that there's an anger on the left that's palpable and real because the left is really furious? >> yes. and this, if the media were fair in covering democrats, they would label this a civil war. a democratic party civil war which is exactly what it is. of course, civil war is a term reserved only for the right by the media. but nonetheless, this is a party that is in danger of tearing itself apart. we will see, a, who wins today in the new york primaries but also then does the party unite around those winners -- neil: the bernie sanders party or cuomo party? >> look, i think nationally it

is the bernie sanders party. some of the states, it's still a jump ball. new york is one of those states where it's a jump ball. neil: michael, thank you. i can see why you win the pulitzer prize. you are duly respected. more after this. he hasn't written on hurricanes yet but that could happen very soon. maybe something tomorrow.

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good win. such a calming person when we look at scary world. it is scary along, personally the mid-atlantic coast here as this storm begins to race higher, faster, get more worrisome. the latest on that coming up with trish regan. hey, trish. trish: it is looking really bad. i was supposed to be in north carolina tonight. neil: are you kidding me? >> i'm glad i'm not there. i was supposed to be working there tomorrow morning. if i was going to go i would be down there reporting on all this thing for us. thank you, neil. breaking, everyone, we're keeping an eye on the hurricane, time running out as the first signs of hurricane florence move onshore of north carolina's coast. as the monster storm bears down on the southeast, more than a million people stuck in the cross-hairs of this thing. i'm trish regan. as hurricane florence gets clos