♪ ♪ paul: welcome to the journal editorial report as we countdown to november med -- midterms, i'm paul gigot, good news with u.s. economy, robust 3 and a half percent while consumer spending increased by 4%, the strongest since the fourth quarter of 2014, kevin hasset chairman of the white house council of economic advisers, welcome back, kevin, good to have you here. >> good to be back, thanks. paul: last time you were here, i

put you on the spot, 3 and a half percent, you nailed it. >> our models are pretty good. top-notch career staff, they follow the numbers and they tell me what to say, they get all the credit. paul: top line good, consumer spending real good and here is the downside and everybody is pointing to it, fallout in business investment, does that concern you? >> well, first if you look at key source data, advanced durable goods, capital spending in the source data was up about 6% and import of capital goods were up about 10% and so our own guys like the guys who said 3 and a half, they are expecting the number capital spending 7 to 10%, we are puzzled how they got such a low number. we respect professionalism but i look forward seeing revisions. on the upside one of the puzzles that we had tax cuts, $2,000 for family of 1 with $75,000 of income, we helped, we didn't see

much in second quarter but we definitely saw big-time in the third quarter. don't forget the capital spending was up 10% the first half of the year. paul: right, you would expect some revisions but looking for a big -- and you you would not expect or are you worried about a falloff in capital spending in fourth quarter and going forward? >> no, the way to think about it is we see orders and shipments, and orders are way above shipments and shipments have to go up from here and shipments were up 6%, i look forward seeing revision. we are puzzled by the fact that shipments are so strong, import of capital goods are so strong but the number weak, we are not exactly sure how they did it and we have not seen explanation that satisfies us yet and maybe i will come back next week to explain it. paul: another down beat note is housing, which was down in the second quarter, in fact, the third quarter in a row where

housing has detracted from economic growth, this time in biggest 1%, what do you make of that? is that an interest rate problem? >> right, you know, i absolutely respect the independence of the fed so i wouldn't want to give them advice but it is interesting that the weak parts of the report is interest sensitive sectors, housing and motorcycles in particular. now, on the other hand, one of the ways that recoveries tend to end is you get a big housing boom and then there's also the increase in supply in housing and that drives housing prices down, people start handing mortgages and when you get a failure wave, year over year 3%, people said it didn't happen, it's not driven by housing, makes you think it's not a sugar high and can have some more leg. paul: i agree with you on that, one other note that i need to ask you about and that's exports, exports were detracted more than that they have in

recent past from growth and i think the chairmanner of commerce are pointing to some of the tariffs and some retaliatory tariffs that have hurt exports, fair criticism? >> right, one of the things that we saw, don't forget the net exports are actually a positive in the second quarter. in the third quarter big negative and one of the things that looks to us at cea people who are worried about future tariffs on china are buying a lot of chinese products right now. i think that was the story but you're right, net exports were negative. paul: basically trying to buy import ahead of the new tariffs so that'll detract it from growth this year, this quarter maybe less next quarter. the question is, kevin, you talked about the tax cuts, i agree with the tax cuts, they really helped, tax reform has helped, when you put taxes on the border, you will hurt the

economy and i mean, is that -- i mean, that seems to be a problem? >> right, but you have to agree, paul that we have made a lot of more progress with, you know, umca, new nafta some people are calling it, we announced free trade talks with europeans and japanese, trade deal with korea and so we basically started by saying that, well, we are gathering leverage with these guys and move tariffs toward zero and we've accomplished that, pretty much everywhere except china. the hope is that president trump and president xi will meet in meeting and make progress. i think the wall street journal editorial page will celebrate the progress in trade. paul: let me ask you before we go, the middle-class tax cut, doesn't seem details yet, is that going to come up before the election, what are you talking about?

>> right, so you remember when we had the last tax bill the way the president trump led was that he set brought objectives and he said, for example, he wanted 20% corporate rate and then he urged us to work out the details with congress to get a bill that could pass, that's exactly what's going on right now. he wants 10% middle-class tax cut. he has said that he prefers it to be revenue neutral and then there are talks ongoing with secretary mnuchin and people on the hill to work out details. paul: we have to see who runs congress. thank you, appreciate it. >> great to be back. paul: when we come back new poll shows republicans getting high marks on handling on the economy but will it translate into votes come election day? >> the decision in this election is so clear all over the country. republicans are for lower taxes, less regulation and more economic freedom when i was shopping for car insurance,

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♪ ♪ >> under republican leadership america is booming, america is thriving. we have eliminated a record number of job-killing regulations. [cheers and applause] >> had massive tax cut for working families and we will soon follow it up with another 10% tax cut for the middle class. [cheers and applause] paul: president trump at rally in wisconsin wednesday touting the economy under republican leadership and promising to deliver further tax cuts for working-class families, a new wall street journal poll shows republicans hold 15-point advantage over democrats when it comes to which party better

handles economy, biggest lead on the question in poll history, so would it translate into gop votes in the midterms, let's ask wall street journal columnist and deputy editor dan henninger and columnist kim strassel and mary anastasia o'grady, what do you make of 3 and a half percent growth of indication of progrowth policy? >> well, i would say that thank heaven that president trump pushed forward these tax cuts because i think that consumer confidence and consumer spending was what gave us the big humpf. remember that business investment is where we get productivity gain, much weaker than last quarter or quarter before and that's really troubling to me. also i think, you know, government spending was provided a lot of humf here and part of

government spending was big and, of course, there's some problem related to the fed that we have to keep in mind as we are looking -- paul: they raise interest rates, particularly -- >> but not only that, but also because the fed has been financing the government and government spending goes up, that means you have greater deficit, more debt and who is going to pay for that? you have to pay for it by borrowing higher interest rates, that's not a good scenario. paul: dan, 4.2%, 3 and a half in the third, 3% year over year the last four quarters, first time if this continues for the year that this would have happened since 2005. >> exactly right and i would not dispute any of mary's point but if that's the economic problems we have to manage, i will take it. i wasn't that long ago where democratic economists were arguing that the new normal of economic growth in the united states going forward would be at best 2% and the trump economic

policies, the deregulation in large part, drop in corporate tax rate pushed it over back to 3% which was norm after world war ii and onward. you have to work on it. in question about it. problems out there, i would add to what mary said, overhang of the tariffs i think is having an effect especially standoff with china, big economic partners, those are issues but that's something that the white house and government will have to manage in the future. but if we will do context around 3% growth, that means the real economy is fundamentally strong. paul: kim, let's talk about political impact of all this, when you look at survey, 15-point edge for the republicans, means they are getting political credit for the economy but what's interesting is that you're not seeing the republicans get credit for tax reform. democrats seem to have won that political debate with at least with independents about how tax

reform plays into this and yet i think you and i would agree or at least i would say that one of the -- the main reason for this growth is the change in policies, tax reform, deregulation unleashing energy production that the trump administration brought to bear. >> yeah, i mean, this is a tough thing for the republicans because how do you translate any of that into getting people to go out to the midterms and vote, it is a fact when people are angry over the economy they often go and do a protest vote when they are feeling better about things it doesn't necessarily translate into them going and rewarding the party with a vote in a midterm, for instance, and one of the issues is, yes, the republicans didn't do a good enough job talking about this, democrats went out and said this was all a tax cut for the rich, for business, as mary said, this is actually important because it's how we get job growth and how we get better productivity but i think it's why you see president trump out there doing that old pander

and call again, yet, we will do more tax cuts for the middle class because that's the part they've had translating. paul: doesn't thing anything immediately behind that, certainly they haven't done refining any proposal. >> yeah, i would go back to something dan mentioned which is that the tariff hikes, those tariff hikes were in places where the country where the president represents and i think the tariffs will hurt him a lot more, it's hurting our trading partners and when you hurt trading partners it hurts the economy. he can punish them and think he will affect economy. paul: you put tax in border, that's the way it is, dan -- >> no. paul: if we believe about domestic tax rates, you have to

believe at taxes on the border too. >> matters, heading to midterm and metric you mentioned earlier, paul, that republicans are favored in polls recently like 15 points been their handling of the economy, that's a record in polling, look, if you're a politician and you cannot communicate or attach yourself to a success like that then you're living in dark ages, you're in the wrong business. >> remember that the democrats are outspending republicans in most every district by huge amount, almost 2 to 1 in some places, so that's making a big difference. paul: my view is that without the economy being where it is i think the republicans would be in a lot more trouble. >> oh, they would be in terrible trouble, this is the number one thing they have going for them. they need to talk about it better and more effectively. paul: all right, when we come back a week full of october surprises with migrant caravan heading toward the southern border and a series of type bombs sent through the mail of

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♪ ♪ ♪ paul: two stories royaling the political landscape as we head in the final week to have midterm campaign. president trump ordering some 800 active-duty troops to the southern border as a caravan of thousands of migrants heads north from central america. this as series of pipe bombs targeting democratic officials and trump critics leads to

finger-pointing on both sides of state of political discourse. dan, let's turn to pipe bombs, suspect in custody, we will learn more about the person and the motives in the coming days. any impact on the election here? >> that's a real question. this is a startling event. i think it's actually politically an extraordinarily depressing and disparaging event because you have pipe bombs and instantly the democrats and the media such as cnn point the finger at donald trump and say this is your fault, republicans lurch back and say are you kidding me, you are going to blame all of this on donald trump, so immediately this extraordinary event turns into a political smackdown about donald trump and i think the general public out there looks at what's going on here in the political culture and they are absolutely disgusted and i think if anything if you say independent voters, what are they going to

do, i think it would suppress vote to go tell you the truth. there's a lot that can happen between now and the election but this turns people off of politics when the people at the top of politics react to a serious event so it's nothing more than partisan smackdown. paul: kim, on this point, looks like some of the critics, they want to go donald trump in saying something in response that will show him to be extreme or and point him, see, you need us to win as a check on trump. >> yeah, well, he was already out there taking the bait he was on twitter suggesting that somehow, i mean, it was very vague reference but somehow that this pipe-bomb event was impacting the number of republicans that. >> going to the polls so he was dragging it into political as well too. you have to go back to the last 2 years the overlaying

discussion has been about inappropriate political acts, some which go on violent starting on when the republican members were shot on the baseball field to people harassing each other in restaurants and the treatment of brett kavanaugh into the degree that this election is about a lot of emotion, this could just be another way of motivating both sides to go to the polls and make some comment on the other side. paul: okay, let's turn to the caravan, mary, you called it earlier and other people saying that this was not spontaneous combustion of people forming a line and a couple of days later "the new york times" with the follow-up, what is -- explain to our viewers what's going on. >> well, first of all, let's concede that an awful lot of poor central americans would love to be in the united states. they want to work and they like the orderliness of the united states, but this is a

politically organized movement on the ground in honduras and to some extent in guatemala. paul: what are the motives? >> in both cases they are opposition parties who want to bring down the democratically elected pro-american governments that are there right now and the honduran movement is linked back to the president who was deposed in 2019 after deposed there was an election and his party has not gotten back into power and they have actually said that he steps down or they continue this immigration out of their country and into the u.s., very organized. paul: all right, so the president of honduras blames venezuela as well for this, any evidence to prove that venezuela or cuba playing a role here? >> well, i don't think there's any evidence per se directly but, again, that party, it's called the libre party that's organizing all of this is very much linked to both hugo chávez and to the military dictatorship

in cuba. for sure they get assistance in terms of organization and intelligence and those sorts of things. it's been interesting to me to watch fox interviewing people along the way, most of the people they interview speak english almost perfectly which means they are linked to political organizations probably in this country and i think another advantage that they would have in both trying to destabilize the governments in their country, they also want to weaken and damage and put donald trump on the offensive in terms migrants, they want to make this a big issue right ahead of the election. paul: what about donald trump's decision to put troops on the border and he's even suggested according to news stories closing the border altogether, the latter point as overkill and counterproductive because literally, you know, hundreds of thousands of people cross that border every day for normal business. >> probably true as practical matter, but politically i'm not

so sure it's going to hurt trump this time. i mean, think back to july when we had the mess on the border with texas and you had all of the families being separated. the images were awful, that damaged the trump -- and the trump presidency. the images are the caravans, several thousand people rolling toward the texas border and my impression that most people are looking are saying, what are we supposed to do about this, we cannot let 5,000 people roll into the united states, i don't think the president will suffer too much politically for whatever action he takes and i think possibly democrats who don't want to talk about this issue could get hurt because they have been so critical of trump on this. paul: still ahead the battle for the house heats up with more seats coming into play as election near, larry takes us election near, larry takes us through numbers and races to but some give their clients cookie cutter portfolios. fisher investments tailors portfolios

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♪ ♪ ♪ paul: just over a week to go until election day a look now at battle for control of the house, latest real clear politics giving democrats a 7-point edge over republicans in the generic ballot with over 49% of voters saying they'd support the democratic candidate in their district compared to 42% who would back the republican. but my next guest saying the playing field in the house is continuing to expand. larry sabato, director for

politics at the university of virginia, larry, thank you for coming in, good to see you again. >> thank you, paul. paul: this expanded field in the house, tell us what's going on. >> well, what happens often at the end of campaigns and definitely happening this time is that voters who had been on the sidelines come back on to the playing field, people who had said they weren't that interested in the midterms suddenly become interested because it's in their immediate future and the parties and independent groups that everybody else is pouring money into competitive races, like we have never seen before and we have seen a lot of money spent but we are talking about hundreds of millions of additional dollars, that tends to expand the playing field rather than contract it, though, of course as you know about 10 days from now people will make their decisions and it won't matter anymore but right now it does. paul: well, that's what's really interesting and means they are competitive potentially competitive seats. a lot of people districts that

two years ago were really pretty safe, now maybe in play, you get some member that is you thought they were safe, maybe they turn out not to be so safe. is this a danger, bigger danger for republicans right now because, of course, they have more seats at risk? >> well, sure. they've got, you know, around 240 seats that they are defending either with incumbents or substitute candidates, they have to be concerned and the wins while they are certainly not hurricane force are at their face and not their back, democrats being in midterm election with republican president have a good chance, fair to good chance to take over the house by some margin, we are still very much disputing the margin. paul: that's interesting, you said only fair to good. i mean, the consensus a few weeks ago it was an excellent chance to control the house, maybe you weren't saying it but i know some others were and nate silver, he gives the democrats i

think 83 or 84% chance of taking back the house. what would be the contrary arguments to say maybe they fall short? >> well, first of all, after 2016i really don't know how anybody could put a number like that on anything because -- you know, a lot of democrats, paul, have having flash backs to 2016 and they see the numbers and get incredibly nervous, maybe that helps them and makes them work harder but i think we ought to be cautious. i can see a path for the republicans to retain control of the house just barely. i mean, we are talking about democrats gaining 19, 20, 21 seats instead of the 32 -- 23 that they need. remember republicans had a majority of exactly 3 after the 2000 election and they managed to govern. the probability is that democrats will win the house.

i will go along with that because i think it's reasonable given everything we know but number one, there are late october and early november surprises, didn't we learn that from 2016 if not from earlier elections and second, these polling instruments and we do polling here today with reuters, they are rough estimates, they can tell you directions but they are not precise. so i'm with the cautious people. i would -- if i were forced to bet i would bet on the democratic house but i can't tell you the number and i don't believe anybody else's number. paul: you mentioned earlier wild card and impact, that's the amount of money being spent in house races. you're talking about congressional races where literally probably $10 million or more are going to be spent in some of the races not by the candidates only but by the outside groups combined and your state of virginia barbara, tenth

district, i don't know, dying out a month every month on how much is being spent on that race. [laughter] >> of course, it's illegal to bribe voters but believe me, paul, they'd like to. they have the money to do it, but you know, i'm old enough to remember when presidential races. >> at least candidates cost less than $10 billion and we are talking about an individual member of the house, you know, one of 435 seats, there's just no bottom and there's no top in public -- in the public campaign spending and so this continues every 2 years with candidates raising far more than we ever thought possible and spending even more than they raise. paul: just last question, larry, briefly, the president's approval rating has been trending up recently, in our

poll 47%, how is that going to impact a race? >> i think it's helping the republicans in senate races in red states and also republican nominees in red or purplish districts that might have gone democratic were say in upper 30's or lower 40's, it does have impact and might limit the gains that democrats get and i think it makes it very unlikely they'll take over the senate. paul: you still give republicans edge in the senate, pick up one or two seat ifs they had to bet? >> actually i've said this since last christmas that republicans would hold the senate and they would gain a seat or two and i'm sticking with it. i'm going to be consistently wrong if i'm inaccurate here but i will stick with my original projection. paul: all right, larry, take it to the bank, thank you, still ahead, campaign finance reform, lower health care costs, protections for dreamers, nancy pelosi outlines the democratic agenda if they take back the

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♪ ♪ >> they are not a rubber stamp caucus and we will not be a rubber stamp copying, when we open the first day it's about open, transparency so the public can see what is happening and how it affects them. hr1 will be our first bill up and that would be to reduce the roll of money in politics, giving people confidence that we are there for the people's interest not the special interest. paul: that was democratic leader nancy pelosi earlier this week with preview on what's on the agenda if her party wins back the house in the november midterms, pelosi hopes to retake the speaker's gavel in 2019, predict that is the first bill proposed by a democrat controlled house would likely concern campaign finance reform while other priorities, healthcare costs, building green infrastructure and protecting daca immigrant recipients.

democrats need to gain 23 seats on november 6 to take back control from the republicans. we are back with dan henninger, kim strassel and wall street journal editorial board member allysia finley, kim, what are they really campaigning on because what i hear a lot is one message, we are going to put a check on donald trump, that's the main message. >> well, yeah, let's just put aside the whole transparency message, can you think of a single party that has run for the house or the senate in recent years, republicans or democrats that haven't said they are going to provide more transparency, it never happens, by the way. paul: by the second day it stops. >> by the second day it stops, that sounds good, she's enumerated some of the agenda items although incredibly vague on any of that would actually mean and because of what you said, their goal is to stop the president from anymore of his legislation but also

investigations, investigations, investigations that was what will come from the house and pelosi is not necessarily being explosive about that, she doesn't want to further gin up trump supporters but that is what will happen if they get there. paul: investigate everything, jared kushner's business, donald trump's business, son-in-law's business, donald trump's tax returns, everything will be on the table, you would agree with that? >> oh, yeah, absolutely, you wasn't hear anything about legislation, paul, this would be about -- they will call oversight but will go into issues. remember too we are going to see the end of investigations, they are certainly going to move right away, for instance, to shut down anymore looking into the department of justice, the fbi and what happens with their actions in 2016 election but this would be all about the committees and their power to subpoena and look at documents and call witnesses. paul: alyysia let's talk about

substance, if they want to gain power they want to do something and they are talking about lowering healthcare costs other with price controls on drugs, they will try to promote that, anything else specifically you see happening? >> they will try to roll back some of the tax cuts, they are going to raise the corporate rates to probably 25% as well as maybe reinstate the state and local tax deduction, right now cap at $10,000, i don't see how you have the democrats in new jersey, california, new york campaigning on trying to protect their high, if they do win the house, how they cannot reinstate that. paul: that is something they really do try to do but donald trump has the veto pen but i don't think people understand about the leverage democrats might have that there's a debt limit vote that they have to raise debt limit in 2019 and democrats obviously if they control the house have to vote for it so what will happen is potentially is they could use

that to say, mr. president, you have to raise taxes or we won't vote for debt limit increase? >> exactly right. he's very pragmatic, he wants a win and maybe raise taxes to finance infrastructure spending. paul: that could be at play, dan, i mean, i think this is not well understood by a lot of voters? >> well, i think what's going on is well understood by one group of voters, paul, and that is the left-wing of the democratic party. look, if the democrats take back the house it's going to be because their voters on the left were as they say energized. where does the energy come from, one single thing, animosity, hatred of donald j. trump and that base is going to want nancy pelosi and committee chairman to take a hammer to this presidency rather than get into any of the -- not interested in taxes, they want trump taken down and so

you've got jared nadler open hearings on the kavanaugh nomination believe it or not, adam schiff will look at russia, elijah cum i thinkcummings, bet, accuse these people of conflicts of interest, it is just going to be wall to wall hammering of the trump administration. paul: kim, big wild card the mueller probe which seems to be in advance and likely to really start to -- to come out with whatever else is going to conclude after the election, that could be the galvanizer for impeachment potentially. >> yeah, i mean, from everything we are hearing he has been quiet which is is good thing up to the election but we are hearing that he's potentially writing a report and even if he does not find or does not seem to be any evidence that he could present to make a credible case for

collusion with the russians or obstruction in any way, he will submit report to congress and you can trust the democrats will take anything that he's got in there and highlight that as well to as dan said pound this presidency. paul: all right, thank you, kim, when we come back with 36 governorships and 87 legislate i have chambers up for election on november 6th, the stakes in the states could not be higher from education to economic growth we will look at policy battles playing out in state house races across the country next. i've got to tell you something. with the capital one venture card you earn unlimited double miles on every purchase, every day. not just airline purchases? everything. hey, how'd you get in here? cross-checking. nice. what's in your wallet... oh, c'mon! state of the art technology, makes it brilliant. the visionary lexus nx. lease the 2019 nx 300 for $339 a month for 36 months.

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♪ ♪ paul: a look now at what's at stake in the states on november 6th with 36 governorships and 87 legislative chambers up for reelection republicans enter 2018 with significant advantage after the 2010 midterms, gop control of state houses, from arkansas to wisconsin, as this year's midterms approach democrats are hope to go ride any trump sentiment in some states, the big wins in key gubernatorial and legislative races, allysia, you have been following this and looks like democrats are poise today gain 7, 8, maybe 9 state houses across the country especially in the upper midwest, what's going on? >> in the upper midwest trump isn't exactly mr. popular there. in wisconsin scott walker is up for reelection, polls are pretty

tight and collective bargaining forms, work legislations, tony tony evers to increase taxes and that's true in most states actually where you have open governors' races. paul: what's interesting in michigan, states have done well economically as is wisconsin considering what happened last decade under republican governance and yet the republican candidates trailing there too. >> well, partly -- paul: why aren't they getting credit for the economy? >> i think there are other issues, i think donald trump is issue, bill in michigan, republicans, he's having -- he's struggling with lead poisoning prices and liberals are just really energized and especially minorities this election which are actually are heavily

represented in certain areas of michigan. paul: dan, also florida and georgia races and to some extent kansas. all republican nominees wrapped their arms around trump to win the nomination and yet they're in very tight races and could potentially lose to at least in georgia and florida pretty-left wing democrats suggest there's a real test of the so-called trump-republican party. >> there's no question about it, as allysia suggested, democrats have done extraordinary job of organizing, registering voters and getting voters to turn out, spent millions of dollars on these races, let me sort of counterfactuals against all of this republican problem. in oregon kate brown, democratic governor in tight race mainly for one reason, all of the taxes she has raised and then there's

connecticut, maloy, produced tight race between ned lamont democrat and the republicans whose bob and that's also about marks aloy spending in two terms, raising taxes. it does seem that when you get to democratic states that even the voters that are saying we are choking on taxes. paul: what's at stake, is the economy really at stake in economic policies, taxes on spending but also on education and the role of public unions in governance is at stake. >> talking about wisconsin, michigan -- paul: illinois. >> illinois is almost certainly to go democrat and what happens in illinois, are they going to raise taxes, i don't see how they get out of budget issues. paul: they will kill the flat tax and make it progressive tax raising rates quite a bit. >> still doesn't solve pension

problems. eventually you are going to see them asking for bail out from the federal government. paul: all right, kim, well, how do you see it, you have been following some of the states, i know you wrote about alaska, that could be potentially republican pick-up there after the independent bob walker is now dropped out. >> yeah, one of the only pick-ups where mike republican likely to win the polls, he's potentially going to be governor and this is a reaction in the state to overspending by bill walker the independent who dropped out, bill walker who dropped out of the race. a couple of broader points, paul, it isn't just the innovative proposals that are at risk in states themselves and their economic health but also likely an end if democrats take over the positions to some of the impressive cooperation and innovation we have seen between states and federal government in terms of getting waivers to some programs and doing things more creatively for their people and

also bear in mind the census is coming up in a couple of years. whoever controls state houses will also control redistricting process in states as well. paul: democrats in the state permanent gains in congress. we have to take one more break, when we come back hits and when we come back hits and misses of the every call is different, so the only thing that we can do to make sure that we get there safely, and that we leave that scene safely and go home at night, is train. and we train all the time in the fire service. no matter how much we train, the last thing you want in a disaster is to lose communications. without communications, we have nothing-- people get hurt. when disaster strikes, that is when your communication service can really become your lifeline. ♪ (nicki palmer) we are constantly innovating.

from a dedicated lane on our network just for first responders to cell towers on wheels. we can even fly cells in drones so communications stay up. in times of crisis, their calls go through, and they can get their job done. we know what we're getting into when we sign on, to take care of people and make sure everyone comes home safe. that's what my number one goal is. (sfx:footsteps in wet cement)

(sfx:birds singing, distant dog barking) hi hi ♪(whistling tune: "don't worry, be happy")♪ ♪

♪ ♪ paul: time now for our hits and misses of week, kim, first to you? >> so, paul, this is a hit to the arizona state trooper's association for rescinding its endorsement of the arizona democratic senate candidate kristin and i say that not because they decided not to back the democrat but because this was about accountability, all too often we see leadership of organizations dabble in politics and makes endorsements without asking members, in this case revolted and they said you didn't get our opinion so they took it back. let's hope other organizations unions in particular follow that model. paul: all right, mary. >> paul, hit for senate judiciary committee chairman chuck grassley who said e will refer michael avenatti and julie swetnick for investigation, allegation is they lied before congress during hearings for justice kavanaugh and if they did, they should be -- there

should be consequences, so i think he deserves a hit for that. paul: tción a crime to make false statements to congressional investigators. >> myth to attorney general's office which this week sued exxon mobile for essentially claiming or claims that it lied to itself, the new york attorney general spent 3, 3 years investigating the oil and gas giant and couldn't find anything so produces what essentially is fraudulent loss. paul: okay, dan. >> well, paul, i'm going to give a hit to tesla and elon musk for doing something unusual, they showed a profit. paul: for elon musk. >> increased output of model 3 sedan, they were able to produce quarterly profit for the third time in existence. elon musk gets criticized a lot but let's give him credit when he does something right and turning a profit qualifies. paul: you will go buy one of those electric sedans?

>> $250,000. [laughter] paul: remember, if you have your own hit or miss tweet it to us jer on fnc, this is it for this week's show, thanks to my panel and thank you for watching, i'm paul gigot hope to see you right here next ♪ ♪ >> from san francisco, this is maria bartiromo's wall street. maria: happy weekend. welcome to the program that analyzes the week that was and helps position you for the week ahead. i'm maria bartiromo, thanks for joining us. it was a big week for technology and earnings. we had earnings from microsoft, amazon, alphabet and texas instruments reporting amidst worries of a slowdown coming in the week ahead. fund manager dan nice laid out -- nice laid out such a she mare owe. >> what you've seen in general with boeing being a pretty big exception is that a lot of companies are guiding much