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

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still a loss of 201 points for the dow jones industrials. [closing bell rings] a day pretty historic for treasury yields. highest level you've seen in 10 years depending which group you're looking at. david: selloff on wall street, stocks plunging as interest rates rising in anticipation of inflation. dow retreating from the lows. still ending down 200 point. s&p 500 down almost 1%. the tech-heavy nasdaq, that is the biggest loser, percentage wise of the day, down about 150 points. hi, everybody, i'm david asman. melissa: i'm melissa francis this. is after the bell. phil flynn watching action in oil and gold from cme. deirdre bolton on the floor of the new york stock exchange. deirdre, kick it off. >> we are closing just off those session lows, i mean we saw the dow down as much as 250 points at its worst in the session. i'm checking the big board.
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closing down around 200 points. clearly in the red. the group really weighed the most heavily on broader markets, technology, we were just talking about that. i want to highlight three brighter spots though, financials, telecom and also utilities. the financials as we know in a rising rate environment, basically if we go to a bank as individual or as a business, that bank can charge us nor if we are loaning money or the bank is loaning us money. you so you do have the money central banks along unchanged line, finishing higher for the day. talking about bigger picture themes. stock market investors were selling. bond market investors were selling. most people on the floor here saying you know what? the reason for that is that investor are worried about inflation. we've had really key positive economic data points in the past 48 hours. the jobs report comes out tomorrow. a lot of focus here on that. a lot of traders saying why we closed off the highs or off the
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lows. as we go towards the afternoon. a lot of people looking for 8:30 a.m. report. melissa. melissa: deirdre, thank you very much. stocks close down, retreating from 4-year highs. tell me about the trade. what do you think is behind isn't. >> i think we're seeing in the overall market really weighed on the market today especially in the oil. if we see a situation where the economy is going to slow down, we're fearful about inflation that could slow demand for oil and we're down. we have toutit in perspective as we do with the market. we're not that far from the four-year highs. really probably much-needed correction in a market at that really has been straight up for some time in the oil market. deirdre are right. there are concerns about inflation in the marketplace. you're not necessarily going to see it in the oil spaces but in the gold today. you think we're worried about inflation gold will go through the roof. not necessarily. sometimes you look at the relationship of fold to -- gold
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to some of the other markets. usually you see a big spike up in bond yields over the last couple months or when yields go up a little bit, gold has gone down because the dollar has gone up. gold held in there even though dollars and yields rose. melissa: phil, thank you. david: gold was up a little bit today. let's bring in today's market panel. heather zumarriaga from vision four and veronica daguerre from "the wall street journal." first of all if inflation is up, folks are worried about it i wonder why gold is down 2%. i think i see what is going on. let's see if you think it is right. interest rates are going up, a lot of people think lock in the trump gains over past year-and-a-half since the election. put money in short-term bond, because short-term bond giving you 2 1/2%. put it in short-term bond until the election is over. then we can reconsider getting back into the market. that is the trade i think is going on, what do you think? >> i think you should be my
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financial advisors, david. that sounds good to me. look, everybody panicked overnight. ism was great. adp was blowout number, signaling friday's jobs report will be blowout number. fed chair powell said the economy is firing on all cylinders and they continue to raising rates. people overnight panicked. we haven't seen this level in the 10-year for the past seven years. if you go back to may of 2011, when the 10-year was around 3.25, i think we closed 3.2, you know gdp was very anemic. gdp is a lot lower than it is today. the natural path for rates to go or move is higher. david: veronica, i will be frank, i bought stocks, s&p spdr right the week of the election i bought. i'm thinking of locking in about 35% gains right right. melissa: you're bragging now. you're bragging. david: get back in after the election. what do you think of my
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strategy. >> you're a smart guy. i'm hearing it from a lot of financial advisors. people moving more into cash, locking in some gains for now. they will wait until the volatility is over from the midterm election. melissa: a lot of bracing from david asman. david: i'm happy. i'm sharing the wealth. i'm sharing the wealth. melissa: let's go back to the floor of the new york stock exchange where trader tim anderson is standing by. tim, give me your take what you think is going on today. >> i think there is a lot of moving parts in the market right now and i certainly think the 10-year at 3.20 was a flashpoint to maybe just reset the backdrop for the whole investment outlook, maybe for the rest of the quarter. i don't think it is the fact that rates are at 3.20 is a major warning point or anything like that but it's how fast we got there.
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it is the speed of the rise in rates that got people a little unsettled and minimally setting off some pretty vicious sector rotation within the market. melissa: what do you think happens to rates from here? you talk about how fast we got to this point? do you think they continue to go at this accelerated pace? do you think it stablizes and tops off a little bit? what do you think? >> well, look i think this is a level where bond investors have not been able to get the rates for seven years or so. melissa: right. >> that being said we have monstrous auction next week. so they can wait for that action but, i think we are definitely going to be bond buyers at this level. now, for stocks, i certainly think that you could, it is very early in the quarter. which is actually works to the big portfolio managers favor, because they just had a great
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third quarter. melissa: right. >> they have the rest of this quarter to deal with what might be a one or two, 2 1/2 or three-day sell off, readjustment in people's portfolio for the remainder of the year. melissa: tim, thank you. david: good stuff. well markets ending the day in the red despite weekly jobless claims reaching a 49-year low. le less people filing for unhe employment signaling strength in the labor market and consumer sentiment as well reaching a 17-year high. veronica, if unemployment stays on track, and we haven't seen levels since the 1950s, how does the market react? >> i think we might be under some pressure especially if we see more wage growth. see the breadth of that. also labor force participation is also an interesting thing to watch. but i think a lower unemployment, higher wages will
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put stocks under pressure. especially give the fed something further to look at. david: heather, i don't think that wage growth is a bad thing. i think it is great to have wage growth, particularly since we haven't seen any wage growth over the past eight years or so. if we have wage growth, is it necessarily inflation nary? some people say inflation is too much money chasing too few goods? if you have the goods being produced as they are in this economy, maybe you can have wage growth without inflation? >> i agree. i think tariffs are also putting pressure on prices. seeing higher oil factor into this as well. wage growth is a positive thing. like you said it is not hard to be in favor of higher wages in the economy. i suppose if you own a lot of fixed income an bonds in the market you may not be root for higher wages that means interest rates continue going higher as well and federal reserve will continue the path higher.
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with or without wage growth, trajectory is higher in interest rates, that's for sure. melissa: shares of amazon tumbling today closing down 2% as we are learning the planned wage hike comes with a little bit of a price. the e-commerce giant receiving praise for the move to increase minimum wage to all employees to $15 an hour. guess what, the bonuses and stock grants are being taken away. veronica, i love this. amazon at the end of the day is a business. they get pr, we'll raise everyone's minimum wage for $15 an hour. a bunch workers done the math, i'm making less money. you gave me a pay cut. that is how business works. >> a bit of a hidden tax on the worker, they're not so happy losing stock grants can be a hit to people's bottom line especially some of the workers are amazon consumers but the bottom line is this takes some regulatory, potential regulatory pressure off amazon.
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people see the top line number. hear the headlines. overall for most people this is a good pr move for amazon raising wages. melissa: heather, i love this, if you look down deep at the details, these are people that were so upset. during the holiday they get bonuses for doing good things, for working faster, for getting all of us all the packages we're ordering all the time they can get, see their pay increase eight to 16% based on those bonuses, wait a second, now that is going away, hard-working folks getting rewarded have done the math and say they're getting less. what do you think? >> you're are you robbing peter to pay paul and moving money around, that would be a great pr stunt, but they received tremendous amounts of political pressure from both the left and the right, bernie sanders and president trump to raise wages. the reason is because some employees who were receiving
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lower wages were also receiving federal benefits. a company that rakes in billions and billions of dollars every year, worth a trillion dollars, run by one of the richest people in the world, that is why they're getting a lot of political pressure. their employees should not make minimum wage or even levels of wages that where they need federal benefits so that is what they're trying to address i think. melissa: guys -- >> i hope. melissa: david, thank you so much. they're robbing peter to rob paul. david: that's right. it is, it is. melissa: taking money away. lowering pay. david: jeff bezos, one of the smart evident men in the planet. melissa: he goes out there, i will give everyone $15 an hour. they're laughing behind saying i am saving money. david: he is still the richest man in the world. melissa: absolutely. david: reports are that china could have hacked some silicon valley top companies. there are concern devices from apple, amazon, even u.s. warships could have been
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compromised. melissa: as vice president pence slamming china for meddling in the upcoming elections, threatening the economy and military, issued a fiery warning america cannot be intimidated. what can be done to stop this threat. david: republican leaders speaking out this afternoon, like they haven't spoken out in years, defending the results of the fbi seventh investigation of judge brett kavanaugh. findings apparently no show corroboration of his accuser's claims. one republican says she still doesn't know which way she will vote. live to capitol hill for the very latest next. >> for goodness sakes, this is the united states of america. nobody is supposed to be guilty until proven innocent. in this country. minimums and fees. they seem to be the very foundation of your typical bank. capital one is anything but typical.
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david: we have live pictures. pictures seems they're in, sometimes they go out of focus. these are live images of anti-kavanaugh protesters. there it goes out. police are making arrests right now. there is a lot of activity that we thought you would be interested in seeing. key senators are revealing their votes on confirmmation of judge kavanaugh to the supreme court amid all the controversy. edward lawrence live on capitol hill with the very latest. hi, edward. reporter: very tense time on capitol hill. those protesters marched up constitution avenue, past the u.s. capitol. we believe christine ford. we believe anita hill. they're in the hart senate building in the process of being arrested. they are creating a disturbance. republican senators are watching three republican votes. jeff flake, senator susan collins and lisa murkowski.
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republicans listening to some three those vote will vote yes to get 50 votes to the confirmation. basically they would not get any democratic help. >> no way anything we did would satisfy the democrats. they have always got a reason why the goalposts need to be moved further down the field, farther down the field and, nothing we could do would satisfy them. they're dug in. reporter: senator mitch mcconnell says or maintains that the report shows no corroborating evidence for the allegations from debra a mere reds or christine ford towards judge brett kavanaugh. >> we have to remember that judge kavanaugh is entitled to a fair process too, and he has not been subjected to a fair process, anything but. so, now is the time to quit, all these antics, these hijinks,
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these circus-like atmosphere. we'll do that tomorrow morning when we vote. and saturday when we vote to finally confirm this good man to this important position. reporter: still democrats upset to the access they had to this report. one senator at a time as they go into this room, saying it is incomplete. also saying it raises more questions. >> we had many fears that this was a very limited process that would constrain the fbi from getting all the facts. having received a thorough briefing on the documents, those fears have been realized. reporter: that one copy remains in a secure room at the moment. we understand senator joe manchin is inside the room, watching, reading documents what he can make of it there. we are moving forward. looks like the confirmation vote, up or down, will be on saturday. david? david: a critical vote for joe manchin indeed. thank you very much. melissa: here to react, chad
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pergram, fox news capitol hill senior producer. they're complaining about the access to the document. why don't we jam all 100 senators all same time and throw away the key, what do you think? >> the air-conditioning couldn't take it. it is hot day in washington. 88 degrees here today. melissa: i was obviously kidding a little bit sort of, we heard that jeff flake, first he said there was nothing new. then he said, wait i'm going back inside and read some more. we all know you can't let him out of your sight because you don't know who is going to talk to him and what is going to change his mind. what is the read on jeff flake right now? somebody have him under lock and key? >> we seem to think mitch mcconnell would not be forging ahead putting the process into motion last night, filing cloture as it is called, the move to end debate if he wasn't confident he would get at least to 50 votes that would entail having flake on board. that would entail having susan collins on board. the one person in play seems to
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be lisa murkowski. i spoke to her couple hours ago, she is getting down to quote, decision time. she has made no decision. here is one of the things up against in that room. murkowski said they can ask to look at the report, mainly how this is presented to the senators, the fbi has provided readers. in other words it is being read to them. if you have multiple senators in the room, they all can't be looking at same piece of paper. that is a process, melissa. melissa: murkowski i love it, keeping it closer to the vest than anything else. there is nothing new, i'm paraphrasing there was not corroboration. murkowski at this point she could be holding out for a diamond-studded bridge to anywhere in her district to drill for anything at anytime. >> there have been some folks pointed out she got anwr last year, drilling in alaska, which was a five back in 2005. it didn't get through. it got through at this time. at the end of the day look at voting base. you have to look where people
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are on both sides of the aisle. her governor, alaska is opposed to nomination. there is a lot that these senators are processing. so even if murkowski votes her conscience and maybe turns out to be a no, maybe turns out to be a yes, we think they're 50 votes and vice president pence would break the tie. that is the safety valve that they have. no vice president cast a tie-breaking vote. you mentioned joe manchin in the room, we don't think any democrats will vote yes, if the republicans are not able to pull this across the hine on their own f they get to 50 or 51, that might give joe manchin cover to vote yes. he seemed like he was leaning yes. trying to get the yes. you don't really know until senator vote. melissa: isn't it, chad, a pile-on? they will see what it is, democrats want to look good in the district, like manchin, pile
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on if no longer needed? someone like heidi heitkamp is way behind, going to lose, she will vote no in order to try to look like a hero later when actually her no vote means absolutely nothing, she has no hope winning in her state? >> flip that around a little bit. not as though if joe manchin votes yes and heidi heitkamp, joe donnelly and manchin vote yes, it doesn't look like call off the dogs, doesn't look that way. if they vote yes does it inoculate them in a tough race against that type of camp. heidi heitkamp is down significantly. joe manchin polling reveals he is ahead. here is one interesting, claire mccaskill, i spoke with her a couple days ago. she is not moving. our poll basically revealed there is a dead-heat in missouri between her and republican josh hawley. melissa: chad, good job. david: you're absolutely right about the pile-on but the key who casts the 50th vote? who gets to be number 50 if it
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happens of those who approve of kavanaugh, if there is an approval of kavanaugh? then you will have the pile on. melissa: do you think it is murkowski and her diamond-studded golden -- david: she has been very quiet. murkowski is the most quiet of all. melissa: holding out for more stuff. david: unbelievable things going on. melissa: yeah. david: ultimate china hack attack. details on a new report that could leave dozens of companies vulnerable. taking aim at china. why vice president mike pence says the u.s. will not be intimidated by these attacks. mark -- marc lauter, vice president pence's former press secretary is next. >> our message to china's rulers is this, this president will not back down. ♪
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melissa: tech stocks getting crushed today following reports
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of a china hardware hack attack on american companies. let's go to hillary vaughn following this story very closely. hillary, what do we know now? >> hey, melissa. very much developing but companies involved are denying the report entirely, but also, vice president mike pence today is calling out tech companies who continued to enable china by handing over u.s. technology that he says is used to hack into u.s. systems. he also says that some companies are abetting beijing oppression calling out one in particular. >> but more must follow suit. for example, google should immediately end development of the dragonfly app that will strengthen the communist party's censorship and compromise the privacy of chinese customers. reporter: this comes as reports of a massive wide scale hardware attack hitting as many as 30 u.s. companies. a bloomberg report claims two of the world's biggest tech
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companies, apple and amazon, were infiltrated by the chinese using microchips covertly installed on mother boards used in these companies but apple and amazon are going on record blasting the report. the hardware company at the center of all of this, supermicro, based in san jose, california say this is not true and they have not been contacted by any government agency and there is no on going investigation as the report alleges. many they say bloomberg's reporters are in denial. apple has never found malicious chips or vulnerabilities planted any server. bloomberg's reporters are not open to the possibility that they or their sources may be misinformed or might be wrong. amazon services say the facts contradict the report saying at no time past or present have we ever found any issues relating to modified hardware or malicious chips in supermicro
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mother boards in any elemental or amazon system. this report claims that the tainted chips made their way into the central intelligence agency and the u.s. military but i talked to the former ciso at the cia and he tells me doubts some of the details in this report as well. melissa. melissa: supermicro mother board sounds like an oxymoron like jumbo shrimp but what do i know. thank you, hillary. >> china uses debt diplomacy to expand its influence. today that country is offering hundreds of billions of dollars of infrastructure loans to governments from asia, to africa, to europe, even latin america. yet the terms of those loans are opaque at best. and the benefits invariably flow overwhelmingly to beijing. david: vice president mike pence describing an insidious tactic that he alleges the chinese are using to squeeze everything they can out of nations that can
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least afford it. for more, we go to marc lotter, former press secretary to vice president mike pence. this is almost like the aliens in "independence day," they stop in one place and squeeze everything they can out of it like lock cuts and move on to another place. is that what the vice president saying it? >> basically. too many people think of our disputes with china as relates to trade, manufacturing, cheap products, things like that, but what we have to identify is the level that china is trying to infiltrate not just our companies as the previous report was suggesting but influencing our elections. david: right. >> they're taking very malicious activities in the south china sea. what they're doing with other countries indebting them to china will create a strategic bloc of power an influence is something that the u.s. will have to deal with possibly for many decades to come.
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david: a lot of countries are vulnerable. i used to see in latin america. you look at places basket cases like nicaragua and venezuela for example, that need cash, are willing to sell off anything they have in terms of natural resources whether it's oil in venezuela or trees in nicaragua. the chinese will take all these things and -- give a couple billion dollars which is all these corrupt nations are looking for, and then they go in and strip them of hundreds of billions of dollars worth of resources. >> it is a long-term plan by the chinese. now under president trump we have a president who is strong enough and committed enough to see this through, to push back on this, whether it vols trade, whether it involves other malicious activities, let's remember they're challenging our navy in the south china sea in international waters. too many things are going on. we've got to stand up to the chinese and stand up for american workers, businesses and interests. david: marc, talk about standing
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up, today seemed to be a watershed moment for republicans about this kavanaugh hearing and what's been going on. they stood up like i haven't seen them step up, i haven't seen backbone like that among all republicans in a long time. standing up for the process which is tearing down an individual, has nothing to do with the confirmation's qualifications, standing up for democracy and due process in america. it seems like this is a watershed moment not only for republicans but where americans are saying, we don't want this in our system? >> i think you're absolutely right, david. as you look to see what is going on in the hart senate office building where protesters basically taken over the the at, maybe so-called, just left of center, blue dog democrats have to see what is going on, see how radical protesters and resistance movement has taken over the democrat party, what they have done to judge kavanaugh is absolutely despicable. we know today now after this
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investigation exactly the same thing we knew a week ago, which is none of these allegations have any corroborating evidence. so i have a feeling judge kavanaugh will be justice kavanaugh by monday morning. david: it is interesting to see all these democrats who two weeks ago were saying everything the fbi does is golden, now say that the fbi investigation is full of it. at any rate. marc lotter, great to see you. appreciate it. >> a rocky road to the midterms. growing question over controversy surrounding judge brett kavanaugh will play out in the midterm elections. will it backfire on the democrat party? fox news's juan williams is next. david: anti-kavanaugh protests are underway in d.c., as the groups march towards the u.s. capitol to call on senators to reject trump's supreme court nominee. where do we all go from here? michael goodwin, "new york post" columnist is coming up.
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david: take another look at the dow. tumbling on inflation. the dow had been down as much as 35points earlier in the trading day. home depot, apple, dow, microsoft accounted for more than half of the dow's losses. breaking news on tesla. looks like elon shot himself in the foot. he tweeting something out.
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he appears to mock the sec in a tweet posted just now, quote, i want to say the short seller enrichment commission is doing incredible work and the name change is so on point. of course there is no organization like that. he is making fun of the sec, which in his case may not be the smartest thing to do. melissa: he is trumpian, but may not be smart to be in that position. new "fox news poll" showing interest in some senate races growing among republicans as democrats continue to complain about the fbi investigation they were asking for. a vote could happen as early as saturday. what will this mean for the midterms? it means the prompter is way too far away from me. fox news's juan williams is the co-host of "the five." he author of "what the hell do you have to lose." trump's war on civil rights. i always ask questions, what always want you, what is it like to sit there on "the five" and
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everybody ganging up on you, and fending everybody off? >> you've been there on "the five." for me it's a thrill, you're in the position of having to counter four people. if it was swordplay, you ever seen the movies? how did he do that? but i do find that to me, if i'm not equipped, if i'm not prepared, i get slade. melissa: yeah. what is it like selling anti-trump book right now. people outside love it. does it work on fox? you get a lot of pr get to be on other networks? >> for the most part it is interesting, other networks don't want fox people in general. melissa: right. >> so that is not as open i would like. i think i will get to do abc later this month, sunday show, something like that. but really talking to the fox audience has been interesting for me because while they don't want much criticism of trump i think everybody in the country is aware that there is an increasing racial divide in the trump era.
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i mean the polls are pretty clear. like 2/3 of the american people think race relations are worse today. and they don't approve of trump's handling of race. so people are curious about exactly what is this about? and from my perspective, it is curiosity about good people, good republicans who i think sometimes close their eyes to the racial issues because they are such trump fans. melissa: so you think it is worse for african-americans in spite of the fact that african-american unemployment is down, that during the last eight years the divide between rich and poor in the last administration was so dramatically exacerbated? these economic factors we would point to that would make it seem like it is better for black america and you say it is worse? >> no, in fact donald trump whenever he says something outrageous and often times get caught up in his rhetoric, calling omarosa a dog, saying nfl players are sobs or representative maxine waterses
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is his critics extraordinarily low i.q. because it has racial backdrop to it, stereotypes an insults. the trump reporters come back, especially president trump, look at record low black unemployment. two things on this, melissa. one is obviously most of the decline in black unemployment took place under president obama. only down about a point under president trump. the second thing, black unemployment is still twice what white unemployment is in the country this is a important part of the book, what the hell do you have to lose, look in policies in terms of supporting black entrepreneurship, community development, you see that the president is pulling away from those issues. time and again, it could be voter suppression, pulling away from economic support. these things are what is, i think contributing to the racial divide in this country. melissa: the flip side of the coin it looks like it is style over substance. that you're focusing on his words but not on the outcome of what is actually happening.
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you know call as lot of people low i.q. it is not a black thing or white thing, it is his critics. he hammers people who are against him, regardless of race. said terrible things about jeff flake. >> i think he said terrible things about a lot of people. just go ask ted cruz who he will not have to go campaign for. the thing obviously there is specific resonance, if you're talking in this country, a country where we had slavery, legal segregation and the rest, blacks having low i.q., or blacks somehow being sobs? i think that is, again it is offensive, it is divisive. when he said this business, which is the title of the book, what the hell do you have to lose, the suggestion is condescending. you guys have nothing to lose. it is worse to live in a black neighborhood than to live in afghanistan. melissa: it is interesting what he actually was talking about the democratic cities that have been controlled by the democrats, the situation has gotten to be so terrible. you look at a place like chicago
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where people are being gunned down all the time and he saying democrats have not served you, you should try something else after years of -- >> this is contradictory because on other hand he saying things have gotten better, low unemployment. melissa: under him. >> not unhim. here is the thing, he ignores this. he focuses on like 20% of black america remains in poverty. disproportionately, a lot of young people, people children to single parents. 40% earnings 35 to 100. another 40% 100 and 200. melissa: they're yelling if in my ear we're about to go to black. i'm going to get in trouble. >> thanks, melissa. melissa: we could talk about this forever. i can't wait to read the book. >> thanks, melissa. melissa: what the hell do you have to lose, trump's war on civil rights. david: trump is in minnesota. the commander-in-chief is
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meeting supporters. he is delivering a remarks at a fund-raiser ahead of a campaign speech tonight. details coming next. ♪ i'd like to retire early. oh, that's great sarah. let's talk about this when we meet next week. how did edward jones come to manage a trillion dollars in assets under care? jay. sarah. so i have a few thoughts on that early retirement... by focusing our mind on whatever's on yours.
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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. david: president trump set to speak at a maga rally, rochester, minnesota, home of the mayo clinic. fox news's alicia acuna is on the ground with latest. hi, alicia. reporter: david, this is one district out of four considered swing districts in this election. part of the reason why president trump is here. he is here to give a boost to republican jim hagedorn, competing for seat vacated by tim walsh, who is running for governor. hillary clinton won the state of minnesota in 2016. president trump won this district by a landslide. absolutely this will be a friendly crowd here. it should be a of no surprise,
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should he continue his defense of his embattled supreme court nominee brett kavanaugh as he did at a rally earlier this week in mississippi, calling this entire process guilty until proven innocent with regard to call mitigations against kavanaugh noting that he had not met judge kavanaugh recently. therefore he is not attempting to protect his friend but the country. that is the same rally which the president was widely criticized for appearing to mock some of the testimony by dr. christine blasey ford before the senate judiciary committee, calling out her lack of detail on time and location of the assault she says happened all those years ago. david, things are set to get underway here at 6:30 central time, 7:30 eastern. david: good stuff. alicia. thank you very much. melissa. melissa: breaking news, shares of costco down after-hours despite beating expectations on fourth quarter revenue and revenue. internal weakness and internal controls over financial reporting when it releases the
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annual report soon but costco's quarterly comparable sales are up 9 1/2%. david: wow. melissa: interesting, yeah,. david: unprecedented divide in nation's capitol and protesters swarming the streets protesting nomination of brett kavanaugh to the supreme court. michael goodwin from the "new york post" sounding off on the confirmation battle and why the worst may be yet to come. ♪ benjamin franklin
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halls, accosting members at airports, coming to their homes? are we going to allow this to happen? in this country? david: senate majority leader mitch mcconnell this morning declaring the kavanaugh debacle is a defining moment in american history, one in which the tactics employed to smear the reputation of judge kavanaugh should be rejected for the future of our country. so are americans rejecting the politics of personal destruction? joining us michael goodwin, a "new york post" columnist, a fox news contributor. michael, you can even hear mcconnell's voice cracking, maybe he has been talking a lot over the past week but the emotion is palpable, and today, today in particular seemed to be a he defining moment when not only you had republicans finding a backbone and mcconnell speaking out forcefully, but democrats seemed to be backing up a little bit. they're looking at the polls which show in these tight senate races for example, they're falling behind and a lot of it has to do with kavanaugh.
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>> look. they probably will lose a seat or two that they might have picked up the democrats. david: because of kavanaugh? >> because of the way he based. it wasn't just rejecting kavanaugh. it was the smear on him that i think everybody is appalled by. i think for mitch mcconnell, who by the way done excellent job shepherding this through, shepherding a lot of judges through the obstructionist efforts of the democrats. people who loved in the senate, served in the senate, truly respect and love the institution for what it means to this country are shocked to see it ripped apart this way by this attack. i mean it was all televised. i think the whole country, maybe parts of the world saw something we've never seen before, which is this bare knuckle, bear clawed fight in the senate among senators themselves. it wasn't even just what kavanaugh said or christine ford said. it was senators themselves attacking at each other. david: look at protests.
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one of the protests today was led by a plo apologist, woman who has been -- >> linda sansour. david: does schumer want to be associated with someone who is apologist for terrorists? someone mentioned a time republicans had to, at least conservatives in america wanted to separate themselves from crazies on right, john birch society, william buckley was involved in that. is this now a moment where the democrats have to decide crazies on the left, many out protesting kavanaugh and decent folks in the middle? >> i'm not sure how many decent folks in the middle there are anymore in the democratic party leadership. i think party is captured by the left, lock, stock and barrel. you never hear them telling no on violence. you didn't hear nancy pelosi apologizing for any of her own rhetoric. david: that's true. >> you don't hear them reining in maxine waters. all ignorance being spewed by the left these day, the people
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in congress are afraid of them as well. if chuck schumer or nancy pelosi goes against this tide, they will be swept away by it. so, in effect, they are enabling it by their silence. david: well if the blue tide turns into a red tide and democrats lose, they will have to rethink all of their alliances with the left, with saul alinsky types who look to be taking over the party. quickly. >> i don't think there will be a red tide. i think the country is truly divided. i think it will be close no matter how it turns out. that the democrats will not pay a huge price. david: can't go wrong by agreeing with this guy. michael goodwin. thank you very much. melissa: more drama on the kavanaugh nomination fight. one senator telling reporters he hasn't made up his mind yet. details next. ♪
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will vote for judge brett kavanaugh's nomination to the supreme court. >> your turn tomorrow to continue reading the fbi report, but i suspect it's going to look at the polls first. cannot make up his mind. >> the last room where they are reading is getting pretty crowded. "the evening edit" starts now. >> the process has been ruined by fear and anger for too long. >> it looks to be a product of an incomplete investigation. >> the supplemental background check with three senators and 10 witnesses. >> this is a very limited process that would constrain the fbi. >> you will never be enough. he's a tumbling bumbling drunk, serial sexual predator. >> nobody is supposed to be guilty until proven innocent in the united states of

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