because i have been around a long time. you could definitely say it. >> the dot-com boom was bigger but this is faster. stuart: it's longer. longer than i can ever remember and i'm an old guy. here's cavuto. it's yours. neil: thanks for that, stuart. stuart: 1872. neil: thank you very much, my friend. we got a lot more on what seems to be a record-setting pace going on yet again. the dow up at record territory. we are closing in right now on 27,000, not all that far if you think about it. the fact of the matter is, these advances in virtually all key sectors, at least 10 of the 11 sectors within the s&p 500 were up. bottom line is, this is despite all the uncertainties, the same uncertainties we had yesterday, including what happens on the judge kavanaugh front, what will

lap happen on the trade front. the markets seem to be saying they will work themselves out. right now, connell mcshane is at the new york stock exchange. reporter: if varney has never seen anything like this, that's all the information we need. you're right about technology pulling back a little. i will highlight three stocks at the top to give you an idea what you were getting to. mcdonald's, 3m and boeing. they are making up about half the dow's gain, those three. if there was a trade war theory in this market, you would think it would show up. mcdonald's raising its dividend, leading to a 2% rise today. we have four dow stocks hitting all-time record highs today. this will seem like a replay of yesterday. microsoft, nike, utx and visa all at record highs today. not only because it's pulling back a little bit but for another reason, keep an eye on tech and telecom. we have been talking about it throughout the day, highlighting twitter, facebook and alphabet which are pulling back, as all

technology stocks or most seem to be after a strong start. there's a huge rebalancing going on today in the market which is interesting. there will be a new sector for many of these stocks within the s&p 500 called the communications services sector. the reason we talk about it so much is because a lot of the etfs that track these type of stocks now are forced to do a lot of buying and selling today if they didn't get out ahead of it. certainly they will pick up in trading, maybe leading to volatility at the end of the day. it's one of those quadruple witching days where you get simultaneous expiration of futures and options contracts. as a final point, financials very, very strong week with interest rates rising as they have been. citigroup, american express up today, wells fargo was earlier, now it's down. but these stocks as a sector hovering around six-month highs. tough to find any complaints right now. up nearly triple digits on the dow. neil: thank you very much. the president, meanwhile, is

defending his pick for the supreme court, brett kavanaugh. for the first time, outright challenging or so it would seem christine blasey ford, the woman accusing him of assaulting her when they were teenagers decades ago. to edward lawrence on capitol hill on where the investigations stand right now for dr. ford to or not appear before the judiciary committee next week. reporter: yes, that is the question. regardless of that, this has turned ugly, regardless of the allegations against judge brett kavanaugh. that's because fox news has obtained actually e-mails from kavanaugh's wife where she's received very graphic death threats. kavanaugh himself and his accuser, dr. christine ford, have also received death threats. now senator chuck grassley right now talking with members of the committee about what to do going forward. he's also talking to other key players about how they would like to go forward to get her testimony. the negotiations for that testimony are ongoing. her lawyer is leading that negotiation. her lawyer says ford wants no

questions from lawyers, only from members of the committee, and kavanaugh cannot be in the room when she testifies. she also wants to make sure kavanaugh testifies first. senator chuck grassley saying kavanaugh testifying first is a non-starter. the senate majority leader, mitch mcconnell, still saying that they are sticking by their candidate. >> in the very near future, judge kavanaugh will be on the united states supreme court. reporter: president donald trump, as you said, weighing in on this, 20 minutes ago putting out his last tweet, saying the democrats held this letter until the very last minute to obstruct the process of confirming kavanaugh. in another tweet, the president saying judge brett kavanaugh is under assault by what he calls the radical left wing politicians who don't want to know the answers, the president adding in a third tweet saying if the attack was so bad as she said, charges would have been

immediately filed with local law enforcement by her or her loving mother. all of this likely to delay the kavanaugh hearing. however, as it stands right now, he could still be sworn in by october 1st. that meeting on monday, that hearing on monday, has not yet been canceled. neil? neil: it is unusual, to put it mildly, where the witness is setting the parameters for their testimony. normally it's on other way arou around, when you appear before a congressional committee. before they seem to be, the republicans in charge, seem to be willing to consider pushing this back. they might even consider having her, you know, wait until she doesn't have to ever be in the same room at the same time with judge kavanaugh. but how many other areas are they going to concede? i cannot for the life of me envision them, you know, putting the judge in the position of having to respond to comments

that have not formally been made. reporter: exactly. remember during the anita hill hearings, anita hill went second, made sure that clarence thomas left the room when she came in, then she left the room when he came back. senator grassley willing to make some concessions but again, having kavanaugh go first, according to senator grassley, is a non-starter in this. but they are willing to push it. they are looking possibly, we are hearing maybe thursday for a hearing but again, they are willing to go so far, but there are a few things that have to happen first, obviously. neil: thank you very much. here's where this gets to be an issue. it is more than just a supreme court issue now. it's become a midterm election issue, especially with the "wall street journal"/nbc news poll out showing the judge is garnering less support among all voters but especially among women. that was an issue that was raised as a concern by republicans on that committee, that they not look like insensitive old white men. you heard this again and again

and again. but the particular hit for the judge and the congressmen reflected in that poll is the reason they are being so skittish about this. should they be? mike murphy and shelby holliday, and patrice, to you, republicans are very, very concerned about going back to the way they looked or were deemed to look in handling the clarence thomas/anita hill issue when a lot of women came first, lot of women ultimately won office that year, i believe 16 that particular year. they can see it happening again and they don't want it to happen again, but some of their more conservative counterparts are saying you're giving away the store here. where is this going? >> i think they are trying their best to put their best foot forward and really give this accuser, you know, the benefit of the doubt and let her be able to tell her story. there's going to come a point, though, when her demands become so outrageous or just so over

the top that i think regular women and regular people will say listen, if you were really this intent on sharing your story, why the consistent moving of the goalposts and pushing back the date? it almost looks like it's politically motivated. i think conservatives are right to be able to give her some concessions but at the end of the day, they do need to stand firm and say we need to take a vote. if you're not going to testify, we are bending over backwards to help you do it but if you're not going to do it, we need to vote on this candidate. neil: the fear again seems to be what women are thinking. >> i think that's exactly right, because they are a big swing vote in this election and that's what both parties want, they want to attract the support of women, particularly suburban women. one very interesting thing is on sunday when the article came out, and christine ford put her name out there and detailed the allegation, that was looked at as very credible. republicans and democrats said this seems serious, we need to hear from this woman, postpone the vote. since then, republicans have sort of taken back the p.r. war,

if you will, because the goalposts have moved and i don't think her lawyer, dr. ford's loish lawyers, said she's willing to testify, wait a second, she's not willing to testify, wait a second, maybe she will but we need all these things. because of the constantly changing story, i think republicans had the benefit of the doubt until this morning when the president tweeted and sort of threw a wrench into the whole thing by tweeting this very contentious, hostile and strange tweet about whether or not she and her parents went to the fbi, when we know in fact, in "the washington post" she did not want her parents to know she was even at a party drinking alcohol. i think the tweet by president trump could actually change things. neil: lot of republicans were saying that, they wish he hadn't done that. i will take this to the next extreme, if you can help me tying all this together. let's say it falls apart. say she ultimately does get a chance to testify, like anita hill she makes a credible

appearance, we can argue or not over whether the remarks are accurate or whether she's truthful or he is being truthful in response, but a credible performance on her part would be damaging to him and maybe cost him a couple of votes, and maybe this supreme court spot. then what? >> i think it doesn't have that much of an effect on what's going on in the markets. if you look today, we are again at all-time highs so i think people are looking a little bit past this. neil: so if this fell through, not the consensus. consensus is he squeaks by. >> i don't think it will be the end of the world. there will be another nominee, another contentious fight over something, regardless of who the nominee is, and someone will eventually get in. i think what's driving this market, we talk about it a lot, is earnings, profits. i don't think him getting in or not getting in would be -- would have a major impact on the markets either way. neil: i respect michael enorm s

enormously. i'm no expert just because i read a prompter. one thing i could argue is i don't think this is in the wheelbarrow of things expected on the part of the markets. i don't know if it's such a given the president would get his way, especially if it's pushed back after the midterms, say hypothetically, the republicans lose the senate. not likely, but we could go for quite a long time here with the president not getting his way on a supreme court pick and that uncertainty, maybe it isn't a huge deal. we have dealt with 4-4 courts before. then what? >> i mean, most immediately number one, the supreme court is sitting on october 1st to start hearing cases. some of these cases are probably not going to be blockbuster cases but that's the first indication to americans hey, wait a minute, we actually do need someone seated in that seat. number two, there are a number of trump supporters, over 30%, who put him in office because they were looking forward to him nominating supreme court

justices. if kavanaugh's nomination or confirmation falls through, this may be a boon for president trump and republicans in terms of the midterm elections. neil: i have heard that argument as well. what do you think? >> i'm hearing both sides. there are conservatives who say if it falls through, it could be a good thing for republicans because right now, republicans are very worried about turnout in the midterms. president trump himself has sort of dismissed the fact there will be a big blue wave, he calls it the red wave. they are worried that will make republicans a little lazy, maybe they would want to stay home and not be so galvanized. however, if you have a big showdown and republicans lose, that will really put the focus on how much republicans need to go out to the polls, get their senate majority and then continue confirming supreme court justices. you hear it both ways. i think both parties are looking for a win no matter what happens. neil: the markets themselves continuing to raise to new highs, this drama notwithstanding. trade be a big issue? what could unravel it? >> i think it would have to be

more of a geopolitical concern. we were here a few months ago talking about how big the china trade dispute was going to be and it could rattle the markets, get them off the rails but that hasn't happened. it looks like what the president was talking about where he had the leverage, it looks like to this point that he does have the leverage. neil: we still don't have a deal. >> we don't have a deal. you look at it the other way, what happens if we get a deal? we are at all-time highs. the corporate profits continue strong and we get a deal on the table and kavanaugh gets in and north korea gets worked out, and canada gets worked out, where is the market? neil: and there's peace on earth. all right, guys, thank you all very, very much. we will look at all these possibilities. if this guy is wrong, even the smallest, tiniest point will blow it out of proportion. when we come back, the new tech bias amid concerns that even when you make a search request, it's already built into the cake, after this.

♪ we're in memphis, tennessee, a city with one of the highest increases of women-owned businesses in the u.s. it's really this constant juxtaposition when you're a mom and an entrepreneur. with more businesses starting every day, how do they plan for their financial wellness? i am very mindful of the sacrifices that i make. so i have to manage my time wisely. ♪ plan your financial life with prudential. bring your challenges. and i'm still going for my best even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'm up for that. eliquis. eliquis is proven to reduce stroke risk better than warfarin. plus has significantly less major bleeding than warfarin. eliquis is fda-approved and has both. so what's next?

seeing these guys. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. eliquis, the number one cardiologist-prescribed blood thinner. ask your doctor if eliquis is what's next for you.

designed to save you money. wireless network cardiologist-prescribed blood thinner. even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that has the most wifi hotspots where you need them and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity mobile included with your internet.

plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. neil: all right. the witness laying the ground rules for the committee that normally does just that, and what christine blasey ford wants is a chance to appear before the committee. she's open to it but again, you have heard some of her demands. she doesn't want to go first, she wants to make sure the judge

goes first, then after kavanaugh speaks, then she's coming up but there's got to be enough time before that even happens. they can never be in the same room at the same time. and lawyers can't question her, it has to be the senators themselves. most of them are lawyers, by the way. but it is an unusually long list of demands here. the former justice department attorney john yu who also clerked for judge clarence thomas. how many of these do you suspect will be granted? >> another thing i was general counsel of the senate judiciary committee where we worked on cases like this. a lot of these judicial nominations raise background issues. i don't expect the committee will agree to any of this. first -- neil: if they don't agree to any of it, she presumably won't talk, right? i can't see how she would not talk. >> well, i think her demands are

unreasonable. for example, going first. in any legal process, this is not a criminal trial, this is the senate carrying out its advice and consent function but in any legal process, whether it's criminal trial, civil trial, whatever, even administrative hearings, the person who alleges something goes first. neil: is that what happened with anita hill? i thought it was the other way around. >> how can kavanaugh testify to something that he doesn't know -- neil: i fully agree. she's making the accusation, so let her make the accusation, then see how the judge responds. >> yes. it's not some kind of soviet style show trial, where kavanaugh has to get up and prove his innocence before a charge that he doesn't know what it is. the second point you mentioned, no lawyers can do it, only senators. this is not normal senate process. i was a senate staffer on that very committee.

committee staffers took evidence, they conduct interviews and at times, they would even lead the questioning for the committee during open public hearings. i think you especially need to do that here because they are difficult questions that we ask any accuser and accused in any sexual misconduct claim in courtrooms all around the world today, right now. senators who are politically elected are going to be uncomfortable asking those questions, so i think it's better to have committee staffers. for both republicans and democrats, to ask those questions of dr. ford and judge kavanaugh because they will be uncomfortable questions asked of him, too. neil: i think part of the thinking might be, if i'm looking at the legal strategy that might be involved here, is that no, no, no, we want this, you know, all white men series of questions from a guard that doesn't really understand women's issues and they look out to lunch. i can understand the method to that. but it is what it is.

they are, the senators on that panel, as are some of the other senators who would equally be questioning her, most of them are lawyers anyway. >> i think there is actually a contradiction in what you are hearing from some of dr. ford's supporters or judge kavanaugh's critics, which is men who are on the judiciary committee don't understand what's going on. they can't be sensitive and fair to dr. ford. i can see that. but then why don't they allow the judiciary committee to bring on board or use a staffer already who is a woman who has a background in sexual assault cases? i think that would be a perfect resolution to this contradiction. neil: unless they don't really want that. they want to make that glaring point these are all white men setting up these questions and the line of questioning, and they want the world to see that. >> the only problem with that political objective, as you are suggesting, it will obscure the truth, because that is what we have found in our legal system

is the best way to uncover the truth is to put people under oath, have them testify and have them subject to questioning and cross-examination. that's a system we use in every other legal proceeding we have, and i think we should be proud of our just american legal system. i don't see why those procedures wouldn't work here, too. neil: when push comes to shove, as was the case with anita hill and clarence thomas, people had their firm view on anita hill, she was right. others said no, no, no, clarence thomas was maligned and never the two intersected and he ultimately got approved as a supreme court justice. i'm wondering whether we are looking potentially at the same thing here. there's no way to discern who's telling the truth here. there are going to be doubters throughout and this will never be settled. >> one thing to keep in mind, it's a great question you're asking, is that this is not a criminal trial, right? this is the senate deciding its constitutional duty to give

advice and consent to a president's nominee, and the federalist papers, the framers of our constitution said the senate's job is to make sure there are no unfit characters who are getting on the bench. as you say, the only way to do that here is for the senators to look judge kavanaugh and dr. ford in the eye as they testify, and they have to decide who do they think is telling the truth. it seems like a hard thing but i tell you, we put people on death row with that same kind of job because juries have to look witnesses in the eye and decide who's telling the truth. often there's a lack of forensic or physical evidence, as in here. we ask people to make the most weighty of decisions of life and death based on a similar job. i think we shouldn't be surprised senators have to -- people will always disagree, but that is the nature of this kind of claim, because it's 35 years old. there's no other way to corroborate who is telling the truth. neil: well put. not bad for a fancy lawyer. thank you very, very much. i appreciate it, my friend.

always your expertise. john yoo, former justice department attorney, so much more. the one thing we can tell at this point when this ultimately takes place, if it ever takes place, i'm talking about a hearing involving judge kavanaugh and his accuser, is it probably won't be monday. it probably will be delayed, maybe not until thursday as dr. ford wishes, but that might be the only concession on the part of republicans on that committee, who dominate that committee, are the majority on that committee. after that, there's no way of knowing. after this.

. . . ould eventually become verizon's.

back then, the idea of a nationwide wireless network was completely unreasonable. but think about how important that first call was to our lives. it opened the door to the billions of mobile calls that we've all made in the last 34 years. sometimes being first means being unreasonable. i'm proud i was part of that first call, and i'm proud that i'm here now as we build america's first and only 5g ultra wideband network with unprecedented wireless capacity that will not only allow for phones to be connected, but almost everything-- transforming how we all live, once again. (bob barnett) as you know, this call today is the first call that we've made on the cellular system. ♪

neil: all right. if you were to use google, do a search, i don't know, travel ban, what would you come up with? a lot of people who did just that argue the findings were stacked against conservative views on the subject and much more inclined to bash the president or what have you. a number of emails released seem to be indicating that might have

been the plan all along. hard to get a handle on all of this. i know hillary vaughn is trying with the latest. what are you hearing? reporter: neil this comes from an email chain that exposed several employees at google were plotting to counter the president's travel ban by manipulating search function. they were looking for certain ways to figure the algorithm, how to contribute to pro-immigration organizations and censor out what they consider prejudiced search results from google, googling words like hispanic, mexico. one employee very much in favor of stepping up against the travel ban but wonder how partisan the company wanted to be on the issue? a source close to google says this was a brainstorm session among junior level employees, emails obtained by fox news tucker carlson that below

employees were involved. merrill stone, head of consumer partnerships. clement wolf, who was a global public policy manager. stacy chen, a global products partnership manager was on the email chain. google giving this statement in reaction to the news. saying these emails were a brainstorm of ideas, none of which were every implemented. google has never manipulated search results or modified products to promote a particular political ideology. i asked if there is any action taken against any individuals on email chain, even a conversation to explain this is not something that should happen at google? i'm told that there will be no action taken. there was no internal memo sent out companywide explaining that these brain storming sessions of how to plot against certain political policies should not occur. they pointed to their public statement and says that suffices, for them, as a company that this is how they're informing employees this is their position.

as far as they're concerned, no other action is going to be taken. neil? neil: that would be their position. neil, thank you very, very much. hillary vaughn, get the read on all of this with a tech analyst. and also financial advisor rebecca walter. russ, to you on this, there is enough there there, with accusations with awe number of social media giants, where it is a pattern. >> sure. neil: they argue not intentional pattern but a pattern. what do you think? >> i think bias exists everywhere. there is no question no swear know where everyone in their lives does not have some level of bias. the question how far did it go? i don't think there is evidence of extreme manipulation of the search engine, because mostly because their business is having reliable search engine. they want people to look at things they're looking for very quickly. neil: do they put easier, left-leaning stuff, more quickly accessible up top?

>> i don't think intentionally. i don't think algorithms do that intentionally. neil: rebecca, what do you think? >> this puts me in uncomfortable position and i'm usually on the side of no government intervention and pro-business, pro-investor. there are times in the history where the supreme court weighed in, regulation of private business to make sure they're delivering services equally amongst various people has been appropriate. so what i do see, i sort of disagree. i do believe there is sort of a systemic lean left on across all of our social platforms. we've seen it a lot this year. i really think that they used data privacy snafu with facebook to implement even more controls on quote, hate speech and, you know, making sure that these voices are censored really. it is a big problem. and one of two things are going to happen. people are going to look elsewhere for their content and the results will be bad stock prices or people will just say, hey, you know what? we're not going to use these

mediums. neil: for google that is easier set and done. it controls 90% of the search market. possible you lose that making mistakes like this. where do you think that will run? >> sources are important. everyone is learning we need to know where we get news from. people are becoming more and more aware before people top on search engine. neil: mainstream media. make a general argument, mainstream media leans left, i don't think that is herculean leap -- >> you will not get a tumbler blog. bigger companies that have some backing, some history. neil: to your point, rebecca. my big worry i see that as well. i don't want the government policing this. these are the same guys

investors have to be worried about anything. it's a government fix? neil: today is a big day for technology, apple devotees. people doing a commercial for apple. it's a good gauge on economy. new phones, i believe are out. new watches are out as well. is this live check, guys, or earlier today? apple story earlier in new york. long lines, russ telling me that is typical on a big product release day. you have one of the new phones, right. >> this is the xs. neil: i have the big, big one right here. >> need to be honest. neil: you got me. >> this is the xs. basically there is the x, jeez

the names, xs max is the giant one. too big for me. just too big for my hand. >> it is interesting thing. apple the way they do these cycles. they have extreme change in design. that kind of came last year. so this is more about changing components this year. neil: did you like it? have you been playing around with it? >> i just started messing around wit. i think, you know the camera has enhanced, has improved. i think if you bought one last year. you're probably not going to see world-changing difference between this one. but that is standard for apple. they just refined the old model. next year doing more drastic change. neil: rebecca, what i find more remarkable, people are not blinking thought of spending a lot of money on a phone, don't feel necessarily justified to make that leap just yet. not price holding them back.

just saying marginal leaps. saying i can do it? >> reflective the tax cuts. albeit earnings, all these quarters. our economy is on fire, neil. top earnings. records yesterday, on s&p and the dow, so we know that we have a absolutely roaring economy and these people are, boeing out and waiting in line to, i just to the my x. my x like eight months ago or something. really, already it is obsolete? neil: have you read all the reviews on these phones? not a one about the quality of the phone call. ever notice that? it is about the camera. >> are you new? neil: i am. how does this sound. >> no, doesn't matter anymore. it is old news. neil: both of your generation, you're lost. you kids today. all right, wait a minute i'm getting a phone call. hello? hello? we'll have more after this. you need a partner that is willing

to break free from conventional thinking. we are a different kind of financial company. we are athene, and we are driven to do more. you shouldn't be rushed into booking a hotel. with expedia's add-on advantage, booking a flight unlocks discounts on select hotels until the day you leave for your trip. add-on advantage. only when you book with expedia. add-on advantage. breathe right strips are designed to simply when nighttime nasal congestion closes in, open your nose right back up. ♪ breathe better. sleep better. breathe right. metastatic breast cancer is relentless, but i'm relentless too. mbc doesn't take a day off, and neither will i. and i treat my mbc with new everyday verzenio- the only one of its kind that can be taken every day. in fact, verzenio is a cdk4 & 6 inhibitor for postmenopausal women with hr+, her2- mbc, approved,

with hormonal therapy, as an everyday treatment for a relentless disease. verzenio + an ai is proven to help women have significantly more time without disease progression, and more than half of women saw their tumors shrink vs an ai. diarrhea is common, may be severe, and may cause dehydration or infection. before taking verzenio, tell your doctor if you have fever, chills, or other signs of infection. verzenio may cause low white blood cell counts, which may cause serious infection that can lead to death. serious liver problems can occur. symptoms may include tiredness, loss of appetite, stomach pain, and bleeding or bruising more easily than normal. blood clots that can lead to death have also occurred. talk to your doctor right away if you notice pain or swelling in your arms or legs, shortness of breath, chest pain or rapid breathing or heart rate. tell your doctor if you are pregnant, breastfeeding, or plan to become pregnant. common side effects include nausea, infections, low red and white blood cells and platelets, decreased appetite, headache, abdominal pain, tiredness, vomiting, and hair thinning or loss. i'm relentless.

and my doctor and i choose to treat my mbc with verzenio. be relentless. ask your doctor about everyday verzenio. be relentless. sometimes, they just drop in. obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower

than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. everything is installed in as little as a day by a kohler-certified installer. and it's made by kohler- america's leading plumbing brand. we need this bath. yes. yes you do. a kohler walk-in bath provides independence with peace of mind. call... for a free kohler touchless soap dispenser with in-home quote or visit kohlerwalkinbath.com for more info.

neil: well, something is happening on the trade front. i don't know what exactly. we're getting word from the white house, officials are saying he is optimistic there is positive way forward with china on trade. and that is what the president wants. other senior white house officials saying unacceptable for china to engage in tactics that hurt the united states. i could go on and on. eventually go to blake burman at white house. something is percolating on this. separately dialing with the canadian issues. the canadians want accord with mexico. they are the odd country out. maybe they're getting closer. following all the trade developments, no less than jamie dimon is talking about fact that this could, this could escalate. charlie gasparino on that, and so much more, what do you make of that? >> i think, jamie's comments about a cold war in trade or whatever he called it, skirmish -- neil: just the other day called it a skirmish. >> i think what he essentially is saying he thinks trump is doing not such a bad job on this even though he is globalist and the bar is very high for him.

particularly on some of the trade front, don't go all-out war and has a gam plan with allies against china, he has, one of donald trump's main antagonists who ran against him in during the election on the republican side, whole bunch of them, not giving this person up this guy got into it with donald lot, he is doing a great job on trade. if he just kept his mouth shut on everything else and played golf more and stayed out of stay off twitter, he would be doing himself a big service. because, if you look at it this way, neil, he is starting to win me over a little bit, because he is not doing, not going tit-for-tat just yet. some of the stuff he has done is pretty marginal. not adding up. neil: going it alone. >> not going nuclear. or maybe whoever is telling him not to or maybe in his head not

to he is not going the full monte. he is going after china, which he needs to go after. you have to give him credit for that. neil: what do you make of this weird relationship jamie dimon has love, hate with the white house? it went a little far, i'm smarter than the president is, he regretted that, did jamie dimon. maybe the dust settled because the president came back at him. where is it now? >> i mean jamie, speaks his mind. you know, he, does believe that he is smarter than trump and he has earned, there is no doubt that he earned his money, compared to trump being given to him by his dad. neil: to be fair, president built an empire with that money. >> yeah. but -- neil: be nice. >> he was born on third base so to speak. one thing jamie doesn't have where there is little jealousy. neil: you say you born on third base, you wake up think you hit a triple. >> yeah. neil: i know what --

>> jamie couldn't become president. trump had the ability to go out and campaign vigorously. some of these guys are jealous of him. neil: cottage industry of billionaires thinking about running for president. >> but they have got to do it. neil: you're so right. >> one thing about donald trump is amazing marketer. neil: president trump. >> the orange king. neil: president trump. >> when he talks about a red wave, what he means his hair. you know what i mean? everybody thinks he is saying republicans will win. the red wave for donald is what he does with his hair. neil: when you make comments like this, you drag your name through the mud and people -- >> it's a joke. it is a joke. johnny carson would have said that joke, right? neil: i knew johnny carson. johnny carson was a friend mine. >> would johnny carson said that joke? neil: probably. can we switch gears because you're boring me. what happens with this guy? >> this weekend is the weird auction. neil: explain what is going on

here. >> apparently comcast looking to buy sky. they put in a bid, our parent company looking to buy comcast. in the middle -- neil: european entertainment provider. >> by the way if we get it will go to disney. that is part of the whole asset sale we're selling to disney but there is an auction now. british government mandated auction. we'll know where it sits. on monday, right? real kind of have some idea. listen, it didn't get as much play as the, you know, disney buying our entertainment assets. neil: right. >> but it is an important network. neil: important piece of that puzzle. >> this is what i find interesting about comcast. this is the battle between media companies. >> comcast wants -- >> this is what we'll probably do, meaning 21st century fox. bid up for it. force them to bid up, to put them in a pretty financially precarious position if they win. because comcast is ladled with debt. they really want to buy this,

they have to go into more debt. neil: why they didn't bother to compete with disney. >> it is interesting how we stick it to them either way. neil: okay. >> brian roberts, you know, will have to pay up or shut up. neil: right. >> if he pays up, he will get, his bond rating will be in jeopardy and cost him more to finance stuff. neil: good to see you, my friend. have a good weekend. >> the orange wave. you heard it here first. it is my hair. my hair. neil: more after this. you'll only pay $4.95. fidelity. open an account today.

where we're changing withs?. contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. you wouldn't accept from any one else. why accept it from your allergy pills? flonase relieves your worst symptoms including nasal congestion, which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase. this is the angel oak. some say the oldest living thing east of the mississippi. it's weathered countless storms. battered, but never broken, it stands for the resilience within us all. ♪

on the go and want to rent a movie? showtime. or buy the hottest shows. even here? we've got you covered. now they are all yours. to take on the go. on any screen. bingo! alright! and watch whatever you buy. wherever you are. head to xfinity.com/stream to start watching. simple to rent, easy to buy, awesome to go.

neil: when it rains it pours. all quiet on the trade front most of the day. we're starting to get word out of white house, they might move forward with deal on china. separately promising back and forth regarding canada or immediate thought, blake berman, find out what the heck is going on? it would be a surprising development on either front, blake? reporter: we got down with hour long question and answer session, a essentially a debrief from a white house official, variety of topics. let me tick through my notes what the white house official told us. i will begin with china. phase three of 3 tariffs, they

don't have a specific date for implementation. the president pretty clear from the statement last week, the white house official put it close, what it illustrates if anything the u.s. has resolve. china suggested we're told they can do things to change the trade dynamic but this white house official also telling us the u.s. hasn't been given any specifics. i asked this white house official, what about more tariffs after the possible phase three, after this next batch of 267 billion that has been threatened by the president? this official telling me, we're not there yet. this person also warns, i have to tell you this, he, meaning the president is willing to do what it takes to fix the problem. no confirmed meetings on the books, neil, between the united states and chinese going forward. but this white house official also tells us the two sides have been talking all along. they will continue to talk. as of right now no official meeting on the books. then the suggest at one-point moved to supply chains.

as you know, there is this threat from the chinese that they could potentially mess with the supply chains of a lot of these companies that depend on china, to develop products over there and move them back here to the u.s. this white house official telling us, quote, this is what they do and we knew that. we were planning through all of the different contingencies. it is not surprising. we, one reporter also asked what specific concessions has the u.s. made to china? this white house official said, i'm not willing to get into that. the bottom line is, as it relates with china, neil, the general impression that i got, that we got from inside of the room here at the white house, is right now, the president is resolved on changing the dynamic. however long that takes. it will take that long. the white house acknowledging that there will be pain in the short term. there has been pain in the short term. but they look at greater long term picture of this. and they believe it's a fight worth taking on with the chinese to level things out in the long

term. of course, the big gripe from the white house is this whole, i.p. theft, forced technology of transfer, china opening up markets. that is exactly what they are trying to get out of the chinese. so the big impression with china right now, this is still very much a battle, at least as the u.s. sees it, between the united states and china. no meetings on the books. but they are talking and they have continued to talk all along. that's china. let's move on to nafta for a second. this white house official telling us quote, we have very high-profile issues with canada. but this person also telling us they are quote, still optimistic that they can reach a deal with canada. september 30th, what is that, nine days from now, is the deadline because of tpa and rules with all of that, we'll not get into that. september 30th for all intents and purposes a deadline to get a deal with canada. this official saying quote, under pressure people can get things done if it is important.

it is important. this person acknowledges yes, there is still time but it is challenging. of course the big issue as we know, neil, dairy. this white house official telling us this administration is sticking to its guns on this issue. so as it relates to nafta, hopeful they can get things done. the white house believe it is in canada's interests to get things done. whether or not a deal gets done in the next nine days, tbd. big picture with all of this, neil, much more optimistic on the canada front. the white house realizes this is a long-term fight with china and one that they will take on in the long term, neil. neil: blake, this is the last time i will ever ask you, so how are things going there? reporter: it's busy. the president is not even here and this is our day right now. neil: is there a rush to this? i know about the september 30th thing and all the canada, all that. but once again, canada seems to be caught in the middle on this

one. a lot of attention is focused whatever we're doing with china. less so on canada. we don't appear to be making any concessions to canada right now. that could be wrong, certainly one of the things came out when the president, seemed to dismiss talk that he would even have to make a concession to canada. that riled them up again. i'm wondering where they stand in this? is it possible we could have a deal with china before we even have one with canada? reporter: the impression i got this is a long-term fight with china. and maybe i shouldn't use the word fight but a long-term issue that they recognize that they are going to be dealing with with china because, the chinese, for all of this, for all of the tariffs that have been implemented, 50 billion, 200 billion, potentially another 267 billion, the white house even acknowledges the chinese haven't moved on core issue, which is i.p. theft, opening up markets. they feel that this would be good for china to open up their markets but reality, which this white house official

acknowledged is, china really hasn't moved. the answer could we get a deal with china before canada. i don't know, who knows? the impression i got they are optimistic about things with canada. the recognition is that they have got aways to go with china. neil: buddy, you're the best. thank you very much, blake burman at the white house. as you point out the president is not even there, the fact of the matter is they are moving fast. something percolating there. reason enough we still have the dow up. anyone sort of chagrined, no formal deal to pass. we're up before. we're still up now. that is record, like we had yesterday, just a bigger one. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable.

i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade i couldn't catch my breath. it was the last song of the night. it felt like my heart was skipping beats. they said i had afib. what's afib? i knew that meant i was at a greater risk of stroke. i needed answers. my doctor and i chose xarelto® to help keep me protected from a stroke. once-daily xarelto®, a latest-generation blood thinner significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. warfarin interferes with at least 6 of your body's natural blood-clotting factors. xarelto® is selective, targeting just one critical factor. for afib patients well managed on warfarin, there is limited information on how xarelto® compares in reducing the risk of stroke. don't stop taking xarelto® without talking to your doctor, as this may increase your risk of stroke.

while taking, you may bruise more easily, or take longer for bleeding to stop. xarelto® can cause serious, and in rare cases, fatal bleeding. it may increase your risk of bleeding if you take certain medicines. get help right away for unexpected bleeding or unusual bruising. do not take xarelto® if you have an artificial heart valve or abnormal bleeding. before starting, tell your doctor about all planned medical or dental procedures and any kidney or liver problems. learn all you can to help protect yourself from a stroke. talk to your doctor about xarelto®. takes more than just investment advice. from insurance to savings to retirement, it takes someone with experience and knowledge who can help me build a complete plan. brian, my certified financial planner™ professional, is committed to working in my best interest. i call it my "comfortable future plan," and it's all possible with a cfp® professional. find your certified financial planner™ professional at letsmakeaplan.org.

neil: all right. the dow up in record territory, which would only make sense, if you increase on record-setting gains you're in record territory. that average, we're up about 9.8%, guys in that vicinity? s&p 500 similar advance with today's gains. again we're looking at, you would think after the record run last year, that we would be looking at eight, nine, 10% run-ups in these key averages again. you have to be saying wow, that is amazing. we're also seeing hints of progress, or at least more frenetic action on trade with canada and china. let's get the read from d.r. barton, money map press. chief technical strategist, joe

duran, united capital ceo. joe, what is driving this? one thing to say climbing a wall of worry, i get that but we've been throwing unusual numbers of worries at the market and nothing, no big deal? >> well, i think what you have is, we're at a time right now where people are running too risk rather than away from risk. you have still, i think we all, underestimated the impact of those corporate tax cuts. and i think we're still, early in the stages of the impact of how business is being operated differently. it is so much bigger than the impact of tariff battle with a few countries. it is a big deal. and what we're seeing is corporations spending much more on capital improvements, on technology, and it is having a trickle effect to the entire stock market. candidly, i don't think we're done. unprecedented, length and duration of the bull market.

it could go on significantly longer. for many years the recovery was very slow, but what we're seeing now is i think a melt-up where a lot of people are saying i have to get in. i can't wait any longer. and they have been waiting for a pullback that never seems to come. neil: you're right about that. hasn't come back yet. there are still enough non-participants in the market, dr, that is one of the arguments for this bull continuing to run. do you buy that? >> i do buy that, neil. you know, we have a, we have as joe said, this long-running bull but, there is still cash to be put in. and i think joe's key point is it is very difficult to estimate, to price in the effect of this these income tax gains that everyone, the gains from the reduced income tax that all these corporations are going to get, how they're putting them to use. every time we get tariff trouble blip, the market as you said in the lead-in, just brushes it

off, moves right along. neil: joe, you mentioned about the tax cut. people forget how big of a cut it was. there have been a number of liberals and democrats, not one who voted for this thing, said it was a curse of riches to companies, top rates last year nearly 40% almost in half to 21%. that meant trillion of dollars for corporate balance sheets to buy back stock or bonuses to workers or pick up more of their insurance tab and a lot of them are doing things that are just finding a desperate way to spend the money, there is so much money. i'm wondering if that is still in the early stages? i agree with you, this is a multiyear phenomenon, that low rate will exist unless it rapidly changes for years and years and years. >> it's a fundamental shift in way companies do business. you know, if you had an

operation europe, you don't need to keep it there quite as much. it has, again, it is a fundamental shift that, and the corporate taxes are permanent. so, it would take another act of congress to move them back. to me that is much bigger than the personal cuts that happened. so i think again they -- neil: expiring, they would start expiring 2025 or 6 i believe. >> right. neil: to that point, dr, guiding someone who wants to jump into shingle creek, all the attention and fuss and -- how would you tell them to proceed? >> that is a great question. that is one i get asked often, neil, the one thing i think we need to remember is as, strong as this market has been, it has more upside but we've got to always remember that the market is not a one-way street. it's not just going to keep flying up. what i like to tell people, find

the sectors, the companies, that they think are going to continue to do well, and find a little pullbacks. you get a three to 5% discount in an amazon, in a google, in, you know, in a lot of the utility stocks, that have run up, anything that you wan to look at, buy them on a little bit of a pullback so you can get a preferred entry, instead of just jumping in when we're hitting new highs, because those typically lead to a little bit of a pull back. neil: you know he is talking about issues already run up appreciably in amazon, what have you. and you could turn it around, joe, say, many, many in the tech sphere already run up like that. so -- >> i would actually, yeah. neil: go ahead. >> neil, i take the exact opposite position on this one. i think where you want to go now, on things that have not done as well. small caps did very well in last couple of years. if this tariff war continues, benefits big companies, because big companies, how china will

retaliate is drop their currency. it is what they will do to offset the tariffs. so what you're going to find, big companies actually doing better. i would avoid emerging markets still. they are the ones who suffer the most in all of this noise. europe will do well. i would look at companies that have not done well. financials have not done so well. interest rates are going up. i'm not expecting interest rates to go much higher, they will start to do better as the yield curve steepens a little. i will look again at global big companies that haven't done quite as well. again, would i not be as interested in small caps as i have been for a long time now because, what we're seeing now is reduced regulation, currency looks like the dollar stablized. maybe going down. that is great for megacaps. perhaps, the way forward would be less risky. i would also say make sure you rebalance. a lot of people have a lot more risk than they think because equities have done really well.

make sure your target allocation is along the risk you're willing to tolerate. neil: gentlemen. great job. i appreciate it. getting a read on all of this. the market well into record territory at least seen through the performance of the s&p 500 and of course the dow jones industrials at 26,732 or thereabouts. there are some other outside events we're told could dominate the market theme or change it if something goes can blow which here, as far as -- kablooy with the supreme court nomination of brett kavanaugh is not happening. although the demand the accuser is making make some think it could. chad pergram is here. do we get a sense there is monday hearing or is that at minimum is off or will be later? >> certainly not off the table at this point, neil. i've been repeatedly shoed away they're not going to have a hearing on monday. we're hearing rattlings they

could have something later in the week. we've been told in the past few minutes by republicans and democrats there is no counteroffer specifically for a wednesday hearing. there was a proposal by christine blasey ford's counsel to have kavanaugh going first. he reasserted his interest coming before the committee, to have blasey ford testify to refute what kavanaugh says. if you look at anita hill, thomas, hill made accusations, thomas was brought into the hearing to refute them. whatever is going to by the committee is going to be, however they decide to forge ahead, they have to make sure they don't interrupt confidence of any republican senators. look at jeff flake, from arizona, member of the committee. susan collins from maine not a member of the committee. it is 51-49, 51 republicans, 49 democrats. if they are perceived by republican senators that not

giving a christine blasey ford a fair shake. he told conservatives don't get too rattled. his term we'll plow ahead. the concern for republicans despite language being used by mitch mcconnell they can't be perceived as plowing ahead too forcefully. there is question how much will they let this hang around in the ether, neil. neil: you saw the the w "wall st journal/nbc" poll that shows judge kavanaugh's support is declined. not tremendously but overall levels remain what they were but the opposition has. i'm wondering whether, this is during a polling period where these accusations came to light. that is what is giving republicans some concern here. how they handle this and how much do they asseed to dr. ford's demands. how are they wrestling with it? >> that is part of the problem. this comes before the midterm elections.

if you look at historical precedent, what happened in 1991 with clarence thomas, his rating people actually believed him went up after the hearing. until we have the hearing we don't know how this is going to go. the other issue at play, the president has been pretty restrained in criticizing christine blasey ford. he has taken on diane fine ton, the top democrat on the judiciary committee, today he started to notch it up a little bit. there are some republicans very mindful, worried that he might, you know, completely to the wall with her. that could be catastrophic for republicans but he definitely did amp that up today and that is a concern here on capitol hill, neil. neil: all right. so if you had a take, parlor game, chad, it would be a stretch to say they would have a monday hearing. this is a stretch to push it back to thursday. but they would likely, might push it back a day, maybe two. but i cannot see them as ceding to any of her other demands, can you?

>> right, that is the question. that seems to be the key. they're willing to hear from her, why this deadline of 10:00 saying you have to have your paperwork in, we have to have your opening statement, 10:00. now we're after 1:00 in the afternoon. and they don't have any of that but they have not officially canceled that hearing. that hearing as we stand right now is officially on. i asked, could we get to the end of the day, could we get over the weekend? keep in mind i even went over to the committee room, it is 216 heart, the heart central hearing facility hour 1/2 ago to see if there was preparation going on, they have to get the hearing room together. neil: right. >> i spoken back channel with security officials on capitol i will had. this could be the biggest hearing they have on capitol hill probably in 27 years and they have to prepare for that. we don't know definitely if we're going to have the hearing monday or wednesday, if we ever have it at all, frankly, neil. neil: incredible. you know, chad, i'm not first person to tell us, you might have a future following what is going on capitol hill. >> just a little bit. i will stick with this.

neil: pursue this. >> could you write a letter of recommendation for me, neil. neil: right away. chad, thank you very much. as chad was saying here. the list of demands on this, is really getting a lot of republicans annoyed, this is the tug-of-war here over what would be allowed. all right, they seem to be open to pushing this hearing back so they don't have to have it on monday. but some of the other things they are not considering, apa apparently very much against, this notion that judge kavanaugh would speak first. republicans feel that would be unfair to the judge because he would be answering accusations from someone who has not even spoken yet. also, dr. ford's demand that no lawyers ask questions, just sitting senators. never mind the fact that those sitting senators for the most part are lawyers. it appears to be a moot point, they will not expand this beyond judiciary committee staffers. and a host of other demand that would limit the give and take, and back and forth that would typically be the case with a

charge, answers to that charge, follow-up series of questions, to said charges and answers, back and forth. so it seems like that is the line they're drawing. they won't budge on that. so far no word yet from dr. ford or their lawyers whether she and they will accept that. after this.

(nicki palmer) being a verizon engineer is about doing things right. and there's no shortcut to the right way. so when we roll out the nation's first 5g ultra wideband network, it'll be because we were the first to install the fiber-optics and small cells, and upgrade the towers that will change the way we learn, work and live. and i'll always be proud that we're not just building america's first 5g network. we're doing it right. breathe right strips are designed to simply when nighttime nasal congestion closes in, open your nose right back up. ♪ breathe better. sleep better. breathe right.

comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast.

neil: all right, we've got robert charles with us, former assistant secretary of state under president bush 43 with us right now. robert, thank you for taking time to come, couple things on whole judge kavanaugh thing, are remarkable, not the least of which the witness setting parameters which she will testify. usually other way around. i wonder why that is the case in this environment but what do you think ultimately republicans who control that committee do? >> i think that the most important part of this process is to return to regular order, rule of law, not rule by emotion. several quick observations for context. first, the fbi has no jurisdiction here. interestingly both the counsel for the accused, i'm sorry for the accuser know that. that was to me struck me as odd

red herring you have to wait out a fbi investigation. as a matter of law, if you look under maryland law, which would have govern here, this would be a fourth degree offense and that statute of limitations is about a year. and so, at the end of the day this is 35 years too late in terms of bringing a charge. finally i think it is important to understand, this is to take the emotion out of it, that the fbi does conduct, they conduct clearance investigations. and this particular candidate, this nominee, judge kavanaugh has been investigated six times. he had sick successive full field investigations. when you do fs-86, you applay way back working in the white house, then as judge, you have to account for every three week period in your life back to the age of 16. they do interviews, 100 interviews on all the people in that period of time. at no point in those six

investigations has this ever come up. i would say as a matter of baselining things, this oddly out of whack with the history of the investigations that have already been done. what should congress do? neil: as you know, robert, she didn't bring this to light until 2012 with a psychiatrist and many years later, fbi no fault of their own certainly would not have known about this now she and her laura insisting fbi should look into it. it appares they're moving past that they will not do investigation. members of the committee staffers have spoken to her and others on this issue as well as openings at this potentially witnesses. that might not satisfy her, if she testifies, waits for the judge to testify first, that seems a little weird because he would have to kick off responding to a person who hasn't formally made charges? >> yeah. this is definitely a tail

wagging the dog situation. end of the day, having run an oversight committee for five years. i will tell you what should happen. what should happen right now, she and her counsel should be given opportunity in closed hearing to present their direct testimony. and that direct testimony should be cross-examined by committee counsel for as long as it takes. not five minute rule, half an hour, three hours, five hours, if it takes. at the end of that the committee should reach conclusion whether they believe those allegations are credible or not. if they are credible, on friday, if they did that on thursday, they should have a full open hearing on friday with both parties. if not, she thud vote. neil: robert charles. good seeing you. >> yes, sir, we'll take you to an apple story, latest what is going on with the new phones going out today. watches that are out today. not so much as a commercial for apple, we'll be very careful about that. what it says about the economy and indications seem to be the wind at the back for a market

hitting records again today. after this. car replacement we'll replace the full value of your car. ♪ liberty. liberty. liberty. liberty ♪ copd makes it hard to breathe. so to breathe better, i go with anoro. ♪ go your own way copd tries to say, "go this way." i say, "i'll go my own way, with anoro." ♪ go your own way once-daily anoro contains two medicines called bronchodilators that work together to significantly improve lung function all day and all night. anoro is not for asthma. it contains a type of medicine

that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪ go your own way get your first prescription free at anoro.com.

get your first prescription free so they say that some day ai will transform the human race. well, today you're a little busy transforming your call center. dealing with millions of customers a year, like this one. no, i'm pretty sure i didn't order a squirrel playing a guitar. that's why you work with watson. it works with your systems to resolve calls faster and improve customer satisfaction. i detected fraud and helped reassign a new credit card. honey, they're overnighting us a new card. woooo!!! woooo!!! for ai that works with tools you already use, choose watson. hello!

the best ai for the job.

i'm gerri willis from the flagship store of apple. they are offering two new phones right now, the 10s and 10s max. most of the conversation about the 10x max, i will tell you about that in a second. i want to tell you about the crowds and the number of people here. when we started this morning at 8:00, you would have seen this line stretching to madison avenue, almost a full block, and two lines, not just one. now there are fewer people, but probably no less enthusiasm. most people i talked to talk about the max has a 6.5 inch screen, large format phone that's getting a lot of attention, has all the excitement of the 10 from last year. that phone broke through the

$1,000 barrier, big shocker for apple fans. both phones on offer today, over $1,000, the max $1100. there's a model that comes out next month that will be $750. the most interesting thing i have heard from customers, people lining up to look at these phones, there's a lot of excitement about the watch. people are really interested in the watch and all the new things coming out with the watch, mostly health care, to keep people healthy. you can get an ekg on your apple watch. amazing stuff. for right now, let me tell you, the lines not quite as long as they have been all day, diminishing just a little bit. neil, back to you. neil: do you know if they ran out of any popular product or any iphones? it's hard to tell right now. reporter: we have not heard that and we certainly have seen no angry customers coming out saying they couldn't get an iphone. we haven't heard that at all. but you've got to think when there are so many people over several hours, we have been here for five hours, that they are

going through a lot of product. i thought the most interesting thing about this 10x which replaces the x from last year, there's not a big difference. joanne lippart says it stands for subtle because there aren't that many differences in it. we will see if the watch is the big winner out of all of this but at $1100 for the large format phone, that, my friend, is a chunk of change. neil: it is indeed. thank you very much. that's the back and forth on all of this and how much this could mean to apple. if you think about the larger phone and you get all the memory and all the goodies, you are setting yourself back almost $1500. apple assumes a lot of people won't blink, a lot of people won't. the question is how many are in that camp? adam, we see apple as a proxy on

the economy and i'm wondering given the success of selling a lot of very pricey products, that would probably be a good statement about the economy. what say you? >> well, i think many factors point to the economy being strong. i agree, except i would argue that apple high end products are sort of freakish and maybe an outlier. i have a similar feeling when i see people spending $1,000 on a phone that i see when i go to a professional baseball or professional football game and see people from the beer and food and tickets dropping hundreds of dollars with their families, maybe $1,000. i'm thinking boy, things must be pretty good. i think my point is it's a segment of the country that can afford this sort of thing and they sure are spending. neil: you must be among the segment because you are watching said game with hot dogs and all the other stuff. >> i'm not in ben stein's

category but i'm blessed. neil: stepping back a little bit here, we look about big ticket purchases and the backdrop of it, potential trade dust-up, we already know a lot of goods are going to be a little more expensive, in some cases a lot more expensive thanks to tariffs and the rest going into the holiday season. some already are, ahead of any of them being implemented. what's your thought on how long this drags out and what the effect will be, even on technology purchases? >> well, first of all, you and i have had this conversation several times, i thought apple would be the last domino to fall and that's been true. they still -- neither side has hit apple. that said, i see a potential train wreck coming very soon for the christmas shopping season, for the u.s. economy, because i think these two very macho leaders of china and the united states are setting themselves up to be in a situation of not backing down. so far, we haven't felt the

effects very much because i think they have been phased in slowly. if somebody doesn't blink, i think we could be in for a very nasty surprise. i think it will start at christmastime and get really bad in the early part of next year. neil: all right. there's someone begging for a nasty presidential tweet. adam lashinsky, thank you. have a good weekend. stocks are at a record, the dow and s&p. i believe i misspoke earlier. the dow is up actually about 8% year-to-date with this runup. the s&p 500, a little bit closer to 9.7%, 9.8%. want to make sure we're accurate there. considering last year's enormous run-up it would be tough to repeat, we are repeating it. remarkable.

jardiance asked- and now you know. jardiance is the only type 2 diabetes pill proven to both reduce the risk of cardiovascular death for adults who have type 2 diabetes and heart disease...

...and lower a1c, with diet and exercise. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. isn't it time to rethink your type 2 diabetes medication? ask your doctor about jardiance- and get to the heart of what matters. ♪ cal: we saved our money and now, we get to spend it - our way. valerie: but we worry if we have enough to last. ♪

cal: ellen, our certified financial planner™ professional, helps us manage our cash flow and plan for the unexpected. valerie: her experience and training gave us the courage to go for it. it's our "confident forever plan"... cal: ...and it's all possible with a cfp® professional. find your certified financial planner™ professional at letsmakeaplan.org.

this is the angel oak. some say the oldest living thing east of the mississippi. neil: all right. we talk a lot about interest rates moving up and the ten-year now well above 3%. that was the rate at which remember not too long ago people were saying buying will stop, all activity as we know it would stop. i reminded you about my age group, we remember when that

kind of level was what we were paying per day for our mortgages. that was then, this is now. rates could go still higher sometime next week when the federal reserve is expected to possibly move again. certainly at least one more time this year, maybe two more times. yet the markets aren't worried. bank stocks, they are certainly not worried. 10 of the 11 s&p 500500 se sect aren't worried. charles payne and chris hogan, chris, what's going on here? why are people looking at this and not seeing it as a bad thing? do you see it as a bad thing? >> well, not at all. when i look at this, i realize this is the normal state of things. when you invest, like riding a roller coaster, there will be ups and downs. i can tell you this without a doubt. if you have yourself in a position where you have been investing consistently over time, you don't have debt up to your eyeballs and you have a plan, what you can do is stand back and watch this drama without having to participate in it emotionally.

neil: charles payne, the rising rates are the sign of a good economy. it's the question for a lot of people looking to buy a home or refinance the one they're already in, whether they want to make the move now before rates go still higher. what do you tell them when they are in that conundrum? >> we know they will go higher. they were so low for so long, people who procrastinated for the last five years certainly might learn a lesson there. to your point, they won't be anywhere near what people paid in the past. i think it is interesting, what a lot of people don't know because we have talked so much about tariffs and trade and the world coming to an end, is that this market's harshest reactions this year have been associated with the interest rates and federal reserve. three of the four worst days, almost 3,000 total down points for the dow jones industrial average, was when that 3% yield, we were approaching it back in february. the fact the market's not afraid of it now means the market believes two things, that the

economy's going to keep going at a very measured but certainly upside pace, and that the federal reserve won't mess this up. that's important. neil: the hope, at least. how do you advise young people particularly who want to get that first home, but i know and i heard you a lot on this network and elsewhere, your fine books, talking about don't go deep into something if you are carrying a lot of debt. invariably they will take on debt. when's a good time to do it? >> well, the best time, remember, home ownership is the american dream. for a lot of people, they do it the wrong way and it becomes the american nightmare. i would want people to get out of debt, attack student loan debt, attack credit card debt, build up an emergency fund of three to six months of expenses, then put a 10% to 20% down payment down. now, when you get ready to go in -- neil: that could take a long, long time. >> well, anything worth having takes a sacrifice. are you trying to get me riled up? you knew what i was going to do. it's possible people that are

focused can do this. get intentional, take on an extra job, cut back, manage your money. if you really want it, we know how to work toward it. if you are going to get debt, the only debt you will ever hear me tell you it's okay to do is a 15-year fixed rate mortgage. that's the only one to do. you will save yourself a lot of time and money and headache by getting a 15-year fixed rate. be aware because the banks will push a 30 on you, because they are selling you on the cheaper payment but it has the largest interest on the back end. neil: what do you think of that? >> well, it's hard to argue with a guy with a voice that great, right? neil: i know, really. i hear you on that. >> here's the thing. young folks, young people, millenials, there's no houses out there for them. there's hardly any supply under $300,000. that's the one thing missing from this economic recovery. we have seen it in every facet of this economy but housing. i don't know how you fix that

particularly with lumber prices going up. juggling all the debt is tough but another issue is the rent trap, particularly for millenials who want to live in big cities. i find that many of them, you move to new york and start paying rent, you will never in my mind be able to achieve the savings chris just described. neil: what do you think of that? for all the stuff, penny saving and everything else you are recommending, there are some places that that dream will never come true. >> well, you're right. there are some markets where it's much more expensive. new york, california. i would encourage young people to really look at that and be aware, it's okay to transport yourself in or ride share in and live out a little further where things are cheaper. i just think we have to think differently. i think we get stuck in this rut where we think i have to live two miles from my office. if you can't afford it, you will have to move somewhere or find a different job. i think people have more options than they give themselves credit for. you're not stuck. you are just stopped seeking

options. neil: but you're cheap, also. you carry money in paper bags everywhere so it doesn't look like you're spending. >> there's a difference between being frugal and intentional. neil: you are intentionally frug frugal. >> i can't wait to tell my wife that this weekend when we go shopping. neil: see what happens. guys, you are both great. i love having you on. thank you very, very much. the debate over whether we are ready for another financial crisis, one that i raised with bernie sanders back in 2008. >> under bush, just one example, the top 400 families have seen a $670 billion increase in their wealth while working people have seen a decline in their standard of living. neil: where does your wealth tax kick in? >> it's not a wealth tax, neil. neil: what do you call it? >> we are thinking about, i'm thinking, i'm talking for nobody else but myself, don't lump

anybody else with me, i'm saying if this bailout is necessary, it should not be middle income or working families who have to pay for it. it should be the people who benefited from bush's disastrous policies including the very wealthiest people in this country. neil: so it's on the wealthy to bring the top rate up, they never agreed on a final number but we have bernie sanders' 2016 economic adviser joining us. stephanie, thanks for taking the time. >> thank you for having me. neil: are you going to be hooking up with bernie sanders again if he makes another presidential run? >> oh, i don't know. i'm back at a university teaching, doing what i love. neil: all right. that's a maybe. let me get your sense of what's happening now because the same argument is being made and i will say this about the senator. he was at least trying to put pen to paper to pay for the things he was promising which is more than i can say of his colleagues. are you of the mindset now that the rich still should pay more, their top rate went back up to 39.6%, then it was sliced a little bit, kind of in between

what we were looking at then and what we are looking at now. do you think that top rate should go up? >> what i think is that we have pretty good evidence that the economy does better when the distribution of income is less skewed in favor of the people at the very top. we know this to be the case. neil: the economy is doing very well right now, right? >> well, look, there are things, for whatever you like or don't like about the recent tax cuts and what this administration has done with deregulation, there's little argument that these are very pro-business policies. so yeah, you are seeing the stock market like this kind of thing very much, you are seeing some uptick in overall economic activity, no question about that. neil: okay. so if it is working, why would you want to do something that gets in the way of it? >> what i'm saying is -- i didn't say i wanted to undermine the recovery. what i'm saying is that economists understand that there is a strong relationship between

the level of inequality in the economy and the overall growth rate and health of the economy. if you are giving more and more of all of the income to a tinier and tinier handful of people at the very top, then it undermines the demand for consumer goods in the economy. neil: economic activity were going on right now undermining that very argument, if we have record low unemployment levels for every major demographic group, if we are looking at jobless claims at a near 50-year low, something must be working. >> so i think something is working. i think that in part, what you are seeing is a continuation of a very long trend, this economy has clawed its way out of the worst economic downturn since the great depression. job creation has continued unabated for a number of years. so that is true. the economy is growing. i'm not arguing that point. neil: i guess what i'm asking you, you are a straight shooter on this. the senator, when i would talk to him about it, he realized

during the last run for president that he expanded the tax hike he was proposing to include more in the higher middle income bracket, i believe, and part of the argument was that he was telling those in those brackets that you will still get more out of this than the increase in taxes you're paying. now there's a move afoot among many of the premier democratic candidates to say we have to rescind all the republican tax cuts, including those for corporations, all of them, start from scratch. are you in that camp? >> no. i honestly haven't heard any democrats make that argument. what i have heard some -- neil: nancy pelosi lhas. steny hoyer. >> for reversing the entire tax cut or reversing it for the middle class and folks at the bottom. neil: you would take it back from companies -- i'm sorry. >> neil, what i would have done, let's go back. neil: what would you do now?

if you wanted to reverse this now, what would you reverse? >> so if i were looking at tax reform, going forward, again, i would be looking at ways to reverse the 30 plus year trends in income and wealth inequality that i believe are a drag on economic growth, bad for the economy, bad for our democracy. so i would be looking for ways to rebalance the distribution of income in favor of folks who, let's be honest, are the real job creators. these are the people who do the spending in the economy that creates the customers and the demand and the profits that then drive business and economic activity. neil: so you wouldn't take a view of the folks who say we like what's going on here, don't mess it up? >> look, i wouldn't just do that, though. i would back-end that with a host of say other programs. let's do something on infrastructure, for example. i would couple changes in what we have done recently with the

tax cuts but i would couple it with other things to ensure that the economy remains strong going forward. neil: all right. stephanie, thank you very much for taking the time. stephanie kelton, former top adviser to bernie sanders. we are getting some reports, issues apple is having with its app store, itune store, so much more. i don't know all the details there. but there are some troubles being reported. technical issues. ♪ a hotel can make or break a trip.

and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. hey maya. what's up? hey! so listen, i was taking another look at your overall financial strategy. you still thinking about opening your own shop? every day. i think there are some ways to help keep you on track. and closer to home. i'm all ears. how did edward jones grow to a trillion dollars in assets under care? thanks. by thinking about your goals as much as you do.

this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. starts with great sleep. and the sleep number 360 smart bed is my competitive edge. it intelligently senses our movements and automatically adjusts our firmness and support on each side to keep us both incredibly comfortable. it can even warm our feet to help us fall asleep faster. it's great sleep i can feel and see. better sleep keeps me at the top of my game. for this team... and the home team.

the new sleep number 360 smart bed, from $999. it's proven quality sleep.

neil: all right. the president is -- when he speaks, i believe he's at a va there, we will go to that. blake burman with the latest from the wlouhite house, a lot going on. reporter: yes, the president obviously not here at the white house. we have a lot of trade issues here. we got a debrief a little while ago about where things stand. i know the president is about to speak so i will keep it brief. on the china front, this white house official telling us basically they feel there is still a long way to go with china, they don't know when this potentially could wrap up with a deal between the united states and china. they are much more optimistic on the nafta front with canada. there is a deadline here essentially of nine days from now, september 30th. the white house says they are optimistic that a deal can get done but there is still a lot between now and then potentially to bring canada into the fold

with a nafta deal along with the u.s. and mexico. as for president trump, you're right, he's in nevada right now, las vegas. set to sign legislation to deal with va funding. he got there last night because he had a campaign style rally there last night for dean heller. nevada state, that republicans control right now in the u.s. senate or at least that senate seat they are trying to loehold to. i bring that up because the president will head to missouri later today and hold yet another campaign style rally. that's a senate seat in missouri, claire mccaskill, that republicans are trying to flip. 46 days until election day. we see the president out on the campaign trail but for now, little bit of official white house business as he's set to sign this va legislation into law shortly. neil: thank you very, very much. meantime, trade obviously will move the midterms. any progress helping our nation's vets, that will move the midterms. perhaps the most immediate concern now is the drama around brett kavanaugh and whether his

judgeship could be sinking to get to become the next supreme court justice. philip wegman and capri, let me begin with you, on this notion the witness here is calling the shots and making demands that she says and her lawyer says are necessary. they say she's going too far. let me ask you, if she is never granted the opportunity to speak or doesn't because those demands aren't met, what's the fallout? >> i think that the fallout is numerous on both sides of this equation. first off, i understand that dr. ford has got a lot of threats and has had to move house and a number of other things after she had identified herself. once she did do that, though, i understand she wanted to be anonymous but once she opened up the can of worms and identified herself as the alleged victim, she has an obligation to herself

and to judge kavanaugh and to the senate judiciary committee to tell her story in her own words. she's got to finish it. if she doesn't, she's going to have a really, i think the senate judiciary committee will say we gave you the opportunity, you declined, so now we are going to move forward. i think democrats will have egg on their face and i think republicans might get chastised for saying you didn't do what she asked, so it's your fault. it's going to be a lot of he said/she said. meanwhile, things are coming to a grinding halt and real people are getting politicized in the mix. neil: and getting threatened. you talked about the witness, but the fact of the matter is the judge and his family have been threatened in pretty unspeakable ways. it's gotten way beyond. i'm just curious, the idea that the judge would have to speak fir first, that is one thing ford and her lawyer have advocated but it would be very difficult,

would it not, for a judge, in this case, the one who's accused of these horrific actions, to defend actions that haven't been outlined by the accuser first? >> absolutely. this makes no sense, because if you think about it, the accused have a right to face their accuser and the accuser absolutely has an obligation like the last guest was saying to back up the allegations that they have laid out. so if you are asking kavanaugh to respond to something that he hasn't even heard already, that's just setting him up to fail. i don't think that that's fair. if you look at what senate republicans have done, and if you look at the tone that up until this morning, the white house struck, you saw that they were more than accommodating. they said we can have this hearing either in private or in public, and we want to make certain that your voice is heard, because we want to make certain that there's no cloud on kavanaugh before he goes to the court, i think what we are seeing right now is the longer the democrats delay and the longer ford places some of these preconditions on this hearing, i

think that you see republicans becoming more bullish. just this morning, you had majority leader mitch mcconnell tell the values voters summit kavanaugh is going to be on the court. i think there's a serious impatience with republicans when it comes to this gamesmanship at the last moment and they think this is good for their politics, because remember, 73% of republican voters still support kavanaugh regardless of these allegations. neil: but the number of people who are concerned about that, that number has also risen. one of the things i want to raise, joe biden, who chaired that committee during the clarence thomas hearings, was warning, you know, kavanaugh's accuser that she not be treated like anita hill. that anita hill was vilified and they, that is republicans, not do that to dr. ford. what did you make of that? >> well, i think that joe biden lived through that process and is trying to, you know, draw

upon that experience and share that experience. i think that, you know, if dr. ford does come forward and testifies publicly, it is advantageous for the republicans not to go after her and vilify her in that way, and basically, show that victims shouldn't come out because that's not going to play well with women. you mentioned this, neil, the number of people opposing this is rising, 38% in the most recent -- neil: i hate to jump on you. i'm waiting for the president. take a quick break. . . .

when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering this fact filled guide; seven things every medicare supplement should have. and it's yours, free. just for calling the number on your screen. you see, medicare covers only about 80% of your part b medical expenses. the rest is up to you. that's why so many people purchase medicare supplement insurance plans, like those offered by humana. they're designed to help you save money, and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or copayments for doctor visits, hospital stays, emergency care and more. you can keep the doctors you have now, ones you know and trust. with no referrals needed. plus, you can get medical care anywhere in the

country. even when you're traveling. with humana, you get a competitive monthly premium and personalized service from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare, and help save you money. so, how do you find the plan that's right for you? one that fits your needs and your budget? call humana now. call the number on your screen. for this free guide. it's just one of the ways that humana is making healthcare simpler. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you know medicare won't cover all your medical costs. so call now. and see why a medicare supplement plan from a company like humana just might be the answer.

when nighttime nasal congestion closes in, breathe right strips are designed to simply open your nose right back up. ♪ breathe better. sleep better. breathe right. that's why capital one iss feel the building something completely different. capital one cafés. welcoming places with people here to help you, not sell you. with savings and checking accounts with no fees or minimums. that are easy to open from right here or anywhere in 5 minutes. no smoke. no mirrors. this is banking reimagined. what's in your wallet?

neil: all right. we are waiting for the president of the united states. and ashley webster. ashley. not necessarily in that order. i take it from here mr. cavuto and mr. president. breaking, president trump will speak any minute from now at veterans affairs hospital in las vegas. there is the scene. we're waiting for the president. we are looking at another record day on wall street. the dow, s&p, hitting all-time highs. could be 101st record for the dow since election day. it is up another 83 points. the s&p up, nasdaq, slightly lower. another strong day. good afternoon, everybody, i'm ashley webster in for